The Business Times, 18 April 1998

Microfilm: NL21182
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Masthead
    22 1 THE BUSINESS TIMES MITA(P) ll(V12/97 85c S 1 N G A P 0 R E Internet: http://www.asial.com.sg/biztimes WEEKEND EDITION, APRIL 18-19, 1998
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  • Article
    MARKET SUMMARY
    63 1 m 141SJS (unch) BT-SEI ***** (-0.19) BTOQMP 1f30M7 (+6.38) BTOOMP ***** (+0.40) STOC1L MARKET INDICES Friday Change KLSE COMP 628.78 -056 NIKKEI 15,703.80 -179.97 HANG SENG 11,001.32 186.46 SET INDEX 438.99 +7.36 JAKARTA COMP 507.90 -2.17 MANILA COMP 2.176.10 .-8.45 TAIPEI WP1 .8*19.49 -160.72 SEOUL COMP ***** -3.92
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  • Article
    FINANCE
    78 1 FOUE RATES USS St US$ 1.601 £(US$/S$per£) 1696 2.716 DM 1.801 0.889 YEN 131.8 1514* MS 3.775 0.424 HK$ 7.747 0107 BAHT 39.22 0.041 RUP1AH 8,112 0.020* •St to too units NUMERATES SINGAPORE* 7 79 KUALA LUMPUR 11.50 JAKARTA .28.00 BANGKOK 14 75 MANILA S 90 HONGKONG 1025 TAIPEI
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  • Article
    Temasek eyes stake in Bangkok Bank
    556 1  -  Officials from both sides have met, says bank's spokesman By< Conrad Raj [SINGAPORE] Temasek Holdings, the investment holding arm of the Singapore government, is said to be interested in taking a stake in Thailand's premier financial institution, Bangkok Bank. Officials from the two sides,
    556 words
  • Article
    Developers of new projects chalk up 1,000 sales in Q1
    341 1  -  Prices of upmarket condos down 14%, non-prime 10%: Edmund Tie report By) Diana Oon [SINGAPORE] Developers' sales of new projects accounted for the bulk of property transactions in the first three months of this year. Some 1,000 such sales were
    341 words
  • Article, Illustration
    Lock icon KL sports car firm hits the skids
    341 1  -  STI Corp, headed by king's son, faces winding-up petition Froh Eddie Toh in Kuula Lumpur THE maker of Malaysia's sports car, which is controlled by the second son of the country's current king, has been served with a wind-ing-up petition. STI Corporation Sdn
    FILE PHOTO  -  341 words
  • Article, Illustration
    Lock icon Happy hour
    63 1 [SINGAPORE J The water this little drinking party is enjoying is no ordinary water. Distilled from seawater by Aqua Gen, it could be the sort of water Singaporeans will be drinking in years to come. Aqua Gen president Gavin Liau (right) and his crew are seen here toasting
    CHRIS LOH  -  63 words
  • Article
    Jakarta, 13 int'l banks reach broad agreement on corporate debt
    631 1  -  Analysts say move is a significant step in resolving impasse Prow S N Vasuki in Jakarta INDONESIA and representatives of 13 international banks yesterday reached agreement in New York on a "broad set of principles" towards resolving the thorny issue
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      Page 1 Advertisements Column 1
      138 1 DISTOE Car dealers raise prices Buckling under the pressure of rising COE premiums, motor traders have grit their teeth and done something no retailer in these austere times would even think of doing raise prices, Pg4 SPH interim dips Singapore Press Holdings yesterday reported a 1.5% slip in interim net
      138 words
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      Page 1 Advertisements Column 2
      232 1 Timeless values. fly #y Geneva Duplex escapement movement >. llbery of London. These two exquisite watches, v| jgThe Rolex Day-Date in the shape of peaches, are W is appreciated for more called «For China». than just the twenty-five The craftsmen of Geneva were languages in which it can disrenowned for
      232 words
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      Page 1 Advertisements Column 3
      11 1 US official impressed by Indonesian resolve to implement reforms, Pg 5
      11 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      ST Marine unit may build US$150m desalination plant
      539 2  -  Aqua Gen planning 11.25 m gallons/day plant to prove commercial viability of new method By\ Ronnie Lim AQUAGEN a start-up company in which Singapore Technologies Marine has a stake is looking into building a large 11.25 million gallons per day (gpd) desalination
      539 words
    • Article
      S'pore taxes hurling trade: Aussie state
      374 2  -  S Australia premier points to imports of cars and wine By] Louis Beckerling HIGH taxes levied by the Singapore government on imports of wine and motor vehicles do "considerable damage" to South Australian trade, according to the state s premier, John Olsen. The targets
      374 words
    • Article
      Mindef's the first govt body to set up Net trading scheme
      253 2  -  By i Christopher Tan THE Ministry of Defence (Mindef) has set up an Inter-net-based trading facility making it the first government body here to enter cyberspace with such a system. Mindef yesterday launch ed the facility, known as the
      253 words
    • Article, Illustration
      S'pore's Gaspower buys German power plant maker
      264 2 SINGAPORE-based energy company Gaspower Co-ener-gy Systems (GCS), in which industrialist and entrepreneur Baey Lian Peck has an interest, has acquired a leading German power plant maker Maschinenbau Halberstadt (MBH) for an undisclosed sum. In a statement yesterday, MBH said that following the acquisition,
      264 words
    • Article
      S'pore should be regional information centre: panel
      398 2  -  EDB could give foreign businessmen news about crisis By. Audrey Tan SINGAPORE should leverage on its reputation as a dependable regional centre, and provide information on the crisis in South-east Asia for foreign businessmen, the Economic Development Board's panel of international advisers said
      398 words
    • Article
      M1subscribers to get Net access via handphones
      398 2  -  Service initially offers information like stock prices Ity Teh Hooi Ling IN A groundbreaking development in the local mobilephone market, Mobile One says its subscribers will soon be able to access the Internet at least, essential information from the Net on their handphones.
      398 words
    • Article, Illustration
      Lock icon Car loan interest rates begin to dip
      267 2 AFTER sharp hikes as recently as two months ago, car loan interest rates have begun to crack. The lowered fixed rates, though, are still a far cry from the 3-4 per cent levels seen last year. Finance companies recently trimmed car loan rates
      FILE PHOTO  -  267 words
    • Article
      Lock icon New regulations to stem software piracy
      330 2 The Straits Times THE government has introduced new regulations aimed at stamping out software piracy at its source. Makers of optical discs including compact discs and video CDs used for computer software and movies are now compelled to obtain licences to import the equipment
      The Straits Times  -  330 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      411 2 CRYPTIC CROSSWORD 1 Matter Joe exchanged with _L—| I F I P dancing girl H become a shopkeeper (5) 9 Pity unfortunate state repre- Uij-fl sentative (7) —I I I 10 Some tobacco trace I get renot good, having a duty to Z^j||lßZ^|^l^pilMl|||i|^|r^^j||||[^j|||||^||||||||||||| less than one |iMAlttliiiZj!^ZZjjj^|ijj|jj||jjßZZfl!li(ZZ 20 Roman historian
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        579 4 Those polled for their views on the Singapore stock market outlook for next week were: Alliance, Deutsche Morgan Grenfell, Fraser, GK Goh, ING Barings, Kay Hian, Kim Eng, Merrill Lynch, Phillip and Indosuez WI Carr. Rothmans ♦(Buy) Indosuez WI Carr, Apr 17, $7.40 We like Rothmans for
        579 words
      • Article, Illustration
        In My Opinion
        454 4  -  Song Seng Wun Regional economist GKGoh JAKARTA signed the third letter of intent at the end of last week without any formal ceremony. Instead of President Suharto, the signing was done by Coordinating Minister for Finance and Economy Ginanjar Kartasasmita. Although the details of the revised letter
        454 words
    • Article, Illustration
      Lock icon Rising COE premiums force dealers to raise car prices
      750 4  -  Popular models are now between $1,000 and $6,000 more expensive, random checks show Christopher Tan [SINGAPORE] BUCKLING under the pressure of rising COE premiums, motor traders have grit their teeth and done something no retailer in these austere times would even
      FILE PHOTO  -  750 words
    • Article
      Money can still be made in M'sian stocks
      804 4  -  Investors need to be highly selective, say fond managers By Wong Wei Kong MALAYSIA may not be in the ranks of Thailand, South Korea or Indonesia, three Asian countries forced to seek billions of dollars in international aid to stay afloat. But
      804 words
    • Article, Illustration
      Lock icon Stanchart's new portfolio scheme could take angst out of investing
      842 4  -  By! Shiv Taneja IF as an investor you are sick of having your bank try and shove one new "flavour of the month" unit trust down your throat each month, but are not quite confident of going out there to
      ARTHUR LEE  -  842 words
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  • MARKETS IN TURMOIL
    • Article, Illustration
      Lock icon Call for new mechanisms to prevent global crises
      705 5  -  IMF/WORLD BANE MEETING Officials continue to focus on Japan, urging firm action to boost economy From Leon Hadar in Washington FINANCE officials from all around the world, meeting in Washington on Thursday under IMF auspices, called for the creation of new mechanisms
      REUTERS  -  705 words
    • Article
      Lock icon KL wants tighter currency regulation in new system
      237 5 AFP [WASHINGTON] Malaysia insisted on Thursday that tighter currency regulation should be part of a new financial architecture being drawn up by world financial leaders. "We hope there will evolve a new financial system that is fair and that will check the
      AFP  -  237 words
    • Article
      Lock icon Markets continue to keep up the heat on Tokyo
      257 5 Reuters [TOKYO] Financial markets yesterday kept up their pressure on Japan's policy-mak-ers to take bolder action as worries about the nation's economy spread. But fresh policy initiatives seemed in short supply and hopes were fading that next week's announcement of the
      Reuters  -  257 words
    • Article, Illustration
      Lock icon US official struck by Indon resolve to implement reforms
      510 5  -  Bot too soon to judge implementation of programme: Roth From S N Vasuki in Jakarta A SENIOR American official said yesterday that he was "struck" by the determination of Indonesia's new economic ministers to implement far-reaching economic reforms mandated by the
      REUTERS  -  510 words
    • Article
      Lock icon Hedge funds triggered Thai crisis: IMF study
      436 5 Large positions were taken against baht prior to devaluation AFP [WASHINGTON] Hedge funds triggered Thailand's financial crisis, building up large positions against the Thai baht and contributing to a devaluation that sparked Asia's devastating financial turmoil, the International Monetary Fund said on Thursday.
      AFP  -  436 words
    • Article
      Lock icon Jakarta offers public trading of SBIs
      229 5 AFP (JAKARTA) Bank Indonesia said yesterday that it would offer central bank certificates, or SBIs, to the domestic public and foreign buyers in a bid to soak up liquidity and lure foreign capital. The sale of the SBIs has so far been restricted to
      AFP  -  229 words
    • Article
      Lock icon Asia crisis will slow global growth in '98: report
      509 5 But World Bank sees quick rebound for developing nations Reuters [WASHINGTON] Asia's financial crisis will set back global growth in 1998 and hit Latin America hard, but developing nations should quickly recover, the World Bank said on Thursday. It said world
      Reuters  -  509 words
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  • REGION
    • Article
      Trade protectionism may rise as a result of Asia crisis: report
      635 6  -  Japan ministry concerned over tendencies in M'sia, Thailand, Indonesia From, Anthony Rowley in Tokyo JAPAN has warned of the dangers of a rise in trade protectionism as a result of the Asian economic crisis, in a report published yesterday
      635 words
    • Article, Illustration
      Lock icon Mounting logjams at Aussie ports hit export trade
      467 6 SYDNEY Winemakers latest to suffer, joining anto, clothing and meat industries Bloomberg SHIPPING companies reported a mounting logjam at Australian ports as a 10-day-old labour dispute began to damage the country's export trade. Wine producers are the latest to suffer, joining the
      Bloomberg; REUTERS  -  467 words
    • Article, Illustration
      Lock icon Warning issued as haze hits Hongkong
      242 6 HONGKONG AFP THICK haze enveloped Hongkong yesterday with the health authorities warning people suffering from asthma, lung or heart problems to stay indoors. The Environmental Protection Department (EPD) forecast that air pollution figures could reach 115 in both urban and industrial areas. A reading
      AFP; REUTERS  -  242 words
    • Article
      Sun Hung Kai wins tender for prized HK site
      607 6  -  HKs3.6lb winning bid at top end of market expectations /•Yvm Quak Hiang Whai in Hongkong IN a closely-watched contest for the best residential site on offer this year. Sun Hung Kai Properties (SHKP) yesterday beat other Hongkong property giants to clinch
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    • Article
      Lock icon Foreign venture contracts up
      133 6 BEIJING Bloomberg FOREIGN ventures signed contracts to invest US$B.72 billion (Ssl4 billion) in China in the first quarter, about 10 per cent more than a year ago and reversing 1997's fuU-year decline in contracted investments of almost 30 per cent, the Xinhua news agency reported yesterday,
      Bloomberg  -  133 words
    • Article
      Lock icon Suharto: Army can take repressive steps
      233 6 JAKARTA AFP INDONESIAN President Suharto said the country's security forces could take "repressive measures" to restore order, press reports said yesterday. Mr Suharto's statement, read out at the commemoration of the 46th anniversary of the army's special Kopassus force here, came as student protests
      AFP  -  233 words
    • Article
      Lock icon Australia unhappy over Indon veto
      265 6 CANBERRA Reuters AUSTRALIAN Prime Minister John Howard said yesterday the government had registered an objection with Indonesia over its decision to back a veto on Australian membership of the Asia-Eu-rope Summit (Asem). The Australian Financial Review newspaper reported that Australia had lodged two angry high-level
      Reuters  -  265 words
    • Article
      Lock icon North, South Korea talks on verge of breakdown
      140 6 BEIJING AFP HIGH-LEVEL talks between North and South Korea were on the verge of breaking down yesterday as the North refused to be specific on arranging reunions of separated families in return for fertiliser aid. The five-member delegations from both sides will
      AFP  -  140 words
    • Article
      Lock icon Pol Pot's death: No sign of foul play, says Thai army
      376 6 BANGKOK Reuters THE Thai military said yesterday an examination of the body of former Khmer Rouge leader Pol Pot, architect of Cambodia's "killing fields" regime, revealed no outward evidence of foul play. Their verification of Pol Pot's death came
      Reuters  -  376 words
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  • THE WORLD
    • Article
      Lock icon Slower world growth widens US trade deficit to 6-year high
      447 7 WASHINGTON Exports, hit by the strong dollar and the Adan crisis, fell foster than imports Bloomberg THE US trade deficit in goods and services widened to a sixyear high in February as exports declined faster than imports, pointing to slower
      Bloomberg  -  447 words
    • Article
      Lock icon US industrial output up 0.2% in March
      236 7 WASHINGTON Bloomberg INDUSTRIAL production unexpectedly rose in March as utility output surged with the return of colder weather after a mild January and February, the Federal Reserve said. Output at the factories, utilities and mines rose 0.2 per cent in March after declining
      Bloomberg  -  236 words
    • Article, Illustration
      Lock icon A Chile-ing sight
      65 7 [SANTIAGO, Chile] (7S Firs/ Lady Hillary Rodham Clinton (centre) and Chile's First Lady Marta Larraechea laughing at the sight of a man lying on a bed of nails at an interactive museum in Santiago on Thursday. The Clintons are on an official visit to Chile before the
      AFP  -  65 words
    • Article
      Lock icon Bundesbank leaves rates unchanged
      133 7 FRANKFURT Bloomberg THE Bundesbank left its full set of interest rates unchanged at yesterday's meeting and analysts don't expect a rate increase until European central banks pave the way for a common currency later this year. The German central bank left its floor discount rate unchanged
      Bloomberg  -  133 words
    • Article
      Hashimoto, Yeltsin in informal weekend meeting
      435 7  -  Discussions will include territorial issues, nuclear pact From. Anthony Rowley in Tokyo JAPANESE Prime Minister Ryutaro Hashimoto and Russian President Boris Yeltsin will hold an "informal encounter" this weekend that may move the process of negotiating a post World-War II bilateral peace treaty further
      435 words
    • Article
      Lock icon India must speed up trade reforms: WTO
      305 7 GENEVA AFP INDIA must speed up the pace of trade and investment reforms to ensure stable economic growth, the World Trade Organisation said yesterday. India's gross domestic product growth slowed last year after growing at an average 7 per cent since 1993, two
      AFP  -  305 words
    • Article
      Lock icon Yeltsin's set for showdown vote on PM
      136 7 MOSCOW AFP PRESIDENT Boris Yeltsin yesterday renominated Sergei Kiriyenko to the post of prime minister after his young protege overwhelmingly lost a second-round vote on his candidacy, Itar-Tass news agency reported. Mr Yeltsin's representative to the State Duma lower house Alexander Kotenkov said
      AFP  -  136 words
    • Article, Illustration
      When architects of change succumb to forces of nature
      764 7  -  BUROPBAX VIBW Motta, Havel's 111 health show power can strain politicians By Kevin Sullivan THE physical frailty of statesmen (and stateswomen) can have unpredictable consequences for the well-being of nations. This is currently an issue of some importance in Brazil, where
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      Page 7 Advertisements Column 1
      9 7 TODAY Zaobao rsfTiri i I n I I diMi"!
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      Page 7 Advertisements Column 2
      91 7 (Best (Bites, (Brigfit 'Nights at (Saßu^jrbojS Cajun Cuisine Give yourself a real treat win two return tickets to Exotic Bali (3 days/2 nights) \U\ Dine upstairs in our AjJ\ wonderful mansion any night of the week yy» am* qualify for a trip to r Enchanting Bali Reservations call 536 8001
      91 words
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  • COMPANIES & MARKETS
    • Article
      SPH interim net profit dips 1.5% to $169.87m
      526 8  -  Investment income falls 60%; turmoil a drag but fall results seen comparable to last year By R Sivanithy [SINGAPORE] Media and property group Singapore Press Holdings yesterday reported a 1.5 per cent slip in interim net profit to $169.87 million, a lacklustre
      526 words
    • Article, Illustration
      Lock icon Uraco shares surge 21% on renewed interest
      356 8  -  Jump in price driven by takeover speculation: brokers By Annette Pau [SINGAPORE] Shares of mainboard-listed Uraco Holdings yesterday surged 21 per cent, or 7.5 cents, to close at 43.5 cents, thanks to renewed investor interest in the counter. About 7.4 million shares changed
      Source: Bloomberg  -  356 words
    • Article
      Is Ma On Shan site really cheap for Li Ka-Shing?
      720 8  -  HOCK LOCK SIEW Quak Hiang Whai LI KA-SHING and the Hongkong government have continued to come under fire for the public tender of a hotel site at Ma On Shan in New Territories. Weeks after Mr Li's Cheung Kong was
      720 words
    • Article
      Ho Wah unveils 2-for-1 rights, acquisition
      252 8  -  By. Annette Pau (SINGAPORE) Sesdaq listed Ho Wah Genting International yesterday proposed a renounceable 2-for-l rights issue of 61.875 million new shares at 25 cents each and the acquisition of Chinabased Hui Yuan Asia International Group for $88.8 million. Hui Yuan is involved in
      252 words
    • Article, Illustration
      Lock icon SES regrouping not seen to affect stock-picking
      460 8  -  Bat fands see move as improvement over current categories By Wong Wei Kong [SINGAPORE] The Stock Exchange of Singapore's plan to reclassify stocks will highlight more accurately the activities of listed firms, but unless it leads to changes in the key indices, the
      FILE PHOTO  -  460 words
    • COMPANIES
      • Article
        MUI buying 40% stake in Laura Ashley for RM279m
        526 9  -  It will be largest stakeholder once UK regulators approve deal By. Meera Tharmaratnam in Kuala Lumpur MALAYAN United Industries (MUI) Bhd has agreed to take up a 40 per cent stake in UK-based retailer Laura Ashley Holdings pic for 279 million
        526 words
      • Article
        Lock icon Ayala Corp upbeat on 1998 earnings
        243 9 Reuters [MANILA] The Philippines' Ayala Corp yesterday forecast a rise in 1998 earnings after a 58 per cent leap in estimated first-quarter profits, and said it was looking for investment opportunities. The conglomerate reported that first-quarter net profit was estimated at 3.0 billion pesos
        Reuters  -  243 words
      • COMPANY Briefs
        • Article
          Ipco to revamp jointly-owned unit
          71 9 [SINGAPORE] Ipco International yesterday said it has agreed to restructure the Mid-Continent (MC) Group, jointly owned by itself and Ekong Investment Holdings. The purpose is to rationalise the corporate structure of the MC Group by consolidating seven companies under Mid-Continent Equipment (MES). On completion of
          71 words
        • Article
          Lock icon Thai telco set for higher foreign stake
          89 9 Reuters [BANGKOK] Thailand's Telecom Asia (TA) said yesterday it was ready to allow foreign investors to hold more than 49 per cent of its shares. TA now has 48.7 per cent foreign shareholding with Thai conglomerate Charoen Pokphand holding 22.04 per cent in
          Reuters  -  89 words
        • Article
          Lock icon Astra unit plans 75m share IPO
          87 9 Reuters [JAKARTA] Astra Otoparts, a unit of Indonesian car company PT Astra International, plans to sell 75 million shares in an initial public offering (IPO) in the near future, a company official said yesterday. Eko Haryanto, president director of Astra Otoparts, told reporters the
          Reuters  -  87 words
        • Article
          Lock icon Aiwa upbeat about sales growth
          93 9 AFX-Asia [SINGAPORE] Aiwa Co Ltd said it expects to maintain double-digit sales growth in the year to March 1999 with sales in the US, Latin America, Europe, Middle East and Japan likely to remain buoyant. Aiwa chairman and CEO Kenji Tamiya made this comment at
          AFX-Asia  -  93 words
      • Article, Illustration
        Lock icon Consortium buying major stake in ATV
        510 9  -  HE airport authority chief Wong Po-yan to be new chairman From Loh Hui Yin in Hongkong A PRO-China businessman, Wong Po-yan, is heading a consortium to buy Asia Television (ATV) from its majority owner Lim Por-yen, who is facing bribery charges in Taiwan. Mr
        REUTERS  -  510 words
      • Article
        Globe Telecom expected to book profit in '98
        476 9  -  Philippine phone operator's shares surge on news Fron Al Labita in Manila GLOBE Telecom, in the red over the past five years, will book a profit this year. This is two years ahead of Singapore Telecom's forecast for the listed phone operator.
        476 words
      • Article
        Requoted Ekran shares tumble on KL bourse
        365 9  -  Stock drops 47%, or 56 sen, but recovers to close 20 sen down From Eddie Toh in Kuala Lumpur EKRAN Bhd stock took a beating yesterday falling as much as 55.5 sen or 47 per cent but managed to recover most of its
        365 words
      • Article
        Lock icon ICTSI expects 87% profit leap
        169 9 AFX-Asia [MANILA] International Container Terminal Services Inc shares were higher in early trade after the company said it expects its 1998 net profit to rise 87.4 per cent to 544 million pesos (5122.9 million) due to the expansion of its overseas operations, dealers said. At
        AFX-Asia  -  169 words
      • Article
        Lock icon HK home prices cut by up to one-third
        418 9 Bloomberg [HONGKONG] Henderson Land Development Co Ltd, Sino Land Co and other Hongkong property developers are cutting home prices by as much as a third to lure buyers after an eight-month slump in the real estate market. The cuts are so deep
        Bloomberg  -  418 words
      • Article
        Lock icon Oriental to spend HK$956m on new printing plant
        389 9 Bloomberg [HONGKONG] Oriental Press Group Ltd said it will spend at least HK$956 million (*****.4 million) on a new printing plant for its titles, including Oriental Daily News, which is in a neck-and neck battle for local circulation supremacy. It said it
        Bloomberg  -  389 words
      • Article
        Lock icon China's 3rd investment fund to be listed next week
        268 9 AFP (SHANGHAI) China's securities industry watchdog announced the issue of the country's third investment fund yesterday, sending share prices down 1.4 per cent as a liquidity squeeze hit the market. The China Securities Regulatory Commission approved the issue of the 2
        AFP  -  268 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Moody's cuts Seagate senior debt rating
        229 10 Reuters MOODY'S Investors Service downgraded Seagate Technology's senior debt rating to Bal from Baa 3. The downgrade is based on the outlook for elevated business risk at the company over the near to intermediateterm stemming from intense competition in the hard disk drive (HDD)
        Reuters  -  229 words
      • Article
        Lock icon SEC proposes new rules for US electronic trading systems
        383 10 Agency also trying to help traditional exchanges innovate and compete Reuters [WASHINGTON] Federal regulators on Thursday proposed new regulations for electronic trading systems, setting new reporting requirements for these growing systems that compete directly with traditional exchanges. At the same time,
        Reuters  -  383 words
      • Article, Illustration
        Lock icon Environment awards for car-makers
        69 10 [STOCKHOLM] Representatives from three German car-makers showing their prizes-here on Thursday (from left to right): Juergen Schenk (Mercedes), Ingrid Paulus (Audi) and Hans-Joachim Radde (Volkswagen). The three German car manufacturers won the environment awards of the year of Swedish motor magazine Teknikens Varld. VW Polo won
        AFP  -  69 words
      • Article
        Lock icon Nissan slashes group profit forecast by 79%
        198 10 Bloomberg [TOKYO] Nissan Motor Co slashed its forecast for group net profit by 79 per cent, saying its North American operations lost 45 billion yen (***** million) in the year to March 31 as car sales slumped. Japan's second-largest carmaker cut its group
        Bloomberg  -  198 words
      • Article
        Lock icon Ford Q1 profit up 15% on cost cuts; revenue slips 2%
        331 10 Sales of big sport utility vehicles rise 25% Bloomberg [DEARBORN, Michigan] Ford Motor Co's first-quarter profit rose 15 per cent as aggressive cost-cutting and more sales of high-profit sport utility vehicles offset a decline in revenue. Profit before a
        Bloomberg  -  331 words
      • Article
        Lock icon GM profit slips 5% to US$1.6b in Q1
        293 10 Fall due to lower sales, greater price discounts in US Bloomberg [DETßOlT] General Motors Corp's first-quarter profit fell 5 per cent on reduced sales and greater price discounts in the US and lower earnings overseas. Profit stood at US$l.6 billion (552.6 billion),
        Bloomberg  -  293 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        548 10 Vtssel Voy Mo Berth Arrival Departure Jarmf Port Cape Agulhas Ml J10 alongside 20.04/1700 Ctwk>nggian2 4A/96 J16 alongside 18.04/0500 Evelyn 25 J22 alongside 18 04/7500 Fajar Karma *****6 JOT alongside 18 04/0800 6jn *a 3 03/96 JI5 alongside 18.04/2300 UC66 J22 alongside 18 04/1800 L***" L***** J07 alongside
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      • Article
        CONTAINER SCHEDULES
        1571 10 RECEIYWIC OF EXPORT Fg CONTAINERS AND La CARGO Booking/Balance Rstts SWp Voy No Etb/Btr Period From To From to Clow OM 20/0700 M tT/1500 17/1059 17/1900 a 17/1500 ft/km n/noo 2A <7/1700 a/0059 a/0900 a 17/noo a/0059 worn 1 N/0700 wmt N/Vtoo 4 a/1200 WW* a/woo Ac« Rutov
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    • FINANCE & COMMODITIES
      • Article
        Lock icon Fed official issues warning on bank tie-ups
        424 11 Regulators not going to give automatic approval for mega mergers, he says Reuters [CHESTER, Pennsylvania] Federal Reserve governor Laurence Meyer issued a warning on Thursday that regulators are not going to automatically give out their stamp of approval to a wave of mega
        Reuters  -  424 words
      • Article
        Lock icon AIG wants to buy up Japan's failed Nissan Life
        357 11 It'll be first foreign life insurer to take over a Japanese one AFP [TOKYO] US insurer American International Group (AIG) has asked to buy up the failed Nissan Mutual Life Insurance Co, officials said here yesterday. "AIG as well as some
        AFP  -  357 words
      • Article, Illustration
        Lock icon Greenback to go further south?
        402 11 US$/mark; The US dollar took a plunge to 1.7955 by mid-week before recovering to trade around the 1.8070 level yesterday morning. The technical picture is not clear at the moment although further downmove in the nearterm cannot be ruled out. Support is seen at 1.7955
        Source: DBS Bank  -  402 words
      • Article
        Lock icon Citicorp eyes Japan insurance market
        153 11 AFP [TOKYO] Citicorp of the United States, which announced its merger with Travelers Group this month, is planning to penetrate the Japanese insurance market, its vice-president said in remarks published here on Thursday. The major financial group hopes to offer insurance policies from the Travelers
        AFP  -  153 words
      • Article
        Lock icon Colonial's first Aussie insurer to win China licence
        213 11 Bloomberg [MELBOURNE] Colonial Ltd, a banker and insurer, won the first Chinese insurance licence awarded to an Australian company, beating rival National Mutual Holdings Ltd. Colonial shares briefly surged and National Mutual's fell after the announcement, which will give Colonial access to
        Bloomberg  -  213 words
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        Lock icon Coffee prices may rise 19% by June, says Colombian official
        287 11 Bloomberg [SINGAPORE) World coffee prices could climb as much as 19 per cent by June as drought, crop insect infestation and a shortage of pickers shrink the 1997 98 harvest, an official of the National Federation of Colombian Coffee Growers
        Bloomberg  -  287 words
      • Article
        Lock icon JGBs recover on S&P denial
        200 11 frimni Report Reuters [SINGAPORE! Simex Euroyen futures remained soft but Japanese government bond (JGB) futures recovered yesterday after Standard Poor's Corp denied rumours it was going to cut Japan's sovereign credit rating. "JGBs were bought up by domestic banks and insurance companies. They're shifting their
        Reuters  -  200 words
      • Article
        Futures dive on earnings concerns
        157 11  -  MSCI TAIWAN FUTURES Charlie Kuo service dealer, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract dropped sharply amid concerns about the second quarter earnings of the electronics sector. Merrill Lynch has cut its recommended share of Taiwan stocks in its
        157 words
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        Lock icon CURRENCY REPORT
        284 11 Reuters, AFP liiwutiwi THE dollar slid further against the yen after news that the US trade global trade deficit swelled by an unexpected 4.2 per cent in February, approaching the record levels of the late 1980s. At the same time, the US trade gap with Japan a politically
        Reuters,; AFP  -  284 words
      • Article, Illustration
        Untitled
        955 11 DfTEEBAIfg CE08S EATBS Apr 1 61 >■> ECU Pfr M$ T— m i MBMh Hm Si *rt Str Mil m *«65e 0.137 6J78 0.594 3.947 1178 5.0*5 2S.9M ***** tflP 9MM ttm*>ioa *A «*x .LI nM JjIKs r ,~~T .TT. SaSBsSsS&alini^sra&is IrS!? k0ng 0°019 n°n« n** aa5i A *2 5-05
        955 words
    • Article
      COMMODITY PRICES
      1717 12 SICOM FUTURES A pri7 RU88ER (frturw closing m it 5.30pm; KSS1 CONTRACTS cMis/k# Close Volume Open Moot* Htyl Low Sott (to—») Interest May 98 1».75 117.50 118.50 850 2050 Jun 98 N9.50 H9.25 119.25 800 1750 •W 98 120.75 2865 Aug 98 123.75 1665 Sep 98 125.50 1665
      1,717 words
    • Article
      WORLD STOCK MARKETS
      2252 12 LOHDOff Industrials 31 Croup 586.000 -12.400 AB Ports 358.000 -1.600 Abbey National 1182.750 -14.170 Allied Domecq 616.400 -10.000 Amec 165.000 unch Asda Group 213.400 -1200 BAT Ind 558.400 2.400 BG Pte 301.000 3.800 BICC 156.400 5.400 BOC Group 953.400 13.400 BR Petroleum 884.000 5.000 BTR 200.000 -4.600
      2,252 words
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      Lock icon TOKYO
      1630 12 Bloomberg Nikkei 285 -17U7 JAPANESE stocks fell for a second day as the government failed to convince investors it was capable of turning around its stalled economy when it met Group of Seven finance ministers. Banks, chemical companies and retailers declined. "The concern is that the economy is spiraling
      Bloomberg  -  1,630 words
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      Lock icon HONGKONG
      1538 13 Bloomberg P Hang Seng -186.46 THE benchmark stock index fell for a third day to its lowest in a month, amid concern a weakening yen will spark another round of Asian currency depreciation and worsen the region's financial woes. "We are not likely to see a lot of buying
      Bloomberg  -  1,538 words
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      Lock icon CHINA
      642 13 Reuters CI Shenzhen B Index -0.74 CHINA'S hard currency B shares closed down yesterday as investors sold on poor 1997 results posted by a number of listed firms and a fall in the Hongkong stock market, brokers said. "Falls in Hongkong triggered renewed concerns over the health of Asia's
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  642 words
    • Article
      Lock icon TAIPEI
      368 13 AFP □WP Index -160.72 TAIWAN stocks dipped 1!8 per cent, led by strong selling of technology shares, on market jitters over the weakness of the Japanese yen, brokers said. "The Taiwan dollar would weaken if the yen continues to slip. That would trigger a large sell-off by foreign investors,"
      AFP  -  368 words
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      Lock icon JAKARTA
      754 13 AFP Q Composite Index -117 SHARES fell 0.4 per cent yesterday on concerns that Bank Indonesia could raise interest rates on central bank certificates (SBIs), dealers said. One dealer at a local brokerage said the market was directionless amid confusion over the government's intentions regarding interest rates. "The market
      AFP  -  754 words
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      Lock icon BANGKOK
      798 13 AFP set Index +7,36 THAI shares broke out of their holiday lethargy yesterday to finish 1.7 per cent firmer as investors snapped up bargains following recent falls, analysts said. Analysts said the gains were spurred by healthy foreign reserve figures and technical buying of blue-chip stocks, but buying dried
      AFP  -  798 words
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      Lock icon MANILA
      316 13 AFP Q Manila -&45 PHILIPPINE share prices closed 0.4 per cent lower yesterday as the market reacted to disappointing corporate results and the rising budget deficit. The Philippine Stock Exchange Index shed 8.45 points to 2,176.10. Volume was 4.81 billion shares worth 884.67 million pesos. —AFP Manila Mining B
      AFP  -  316 words
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      Lock icon SEOUL
      428 13 AFP fl Composite Index -192 SHARE prices closed slightly lower yesterday on the Korea Stock Exchange, with investors concerned about labour unrest prompted by a strike at Kia Motors, dealers said. In lacklustre trading, the decline of the yen also weighed down sentiment, they said. The Composite Index was
      AFP  -  428 words
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      Lock icon SYDNEY
      598 13 AFP ki All Ordinaries -13J) AUSTRALIAN share prices fell 0.5 per cent yesterday as investors followed New York into a bout of profit-taking after a series of record closes, brokers said. The All Ordinaries Index, closed down 13.9 points at 2,867.5. Turnover totalled 277.9 million shares worth A 5777.02
      AFP  -  598 words
    • Article
      Lock icon WELLINGTON
      269 13 AFP n Wellington -17.16 THE market fell 0.7 per cent yesterday, ending the week on a negative note as it ran into profit-taking despite easing credit-market rates. The NZSE-40 Capital Index closed down 17.16 points at 2,317.86 on a high turnover of NZ$l7O million, of which Telecom stock accounted
      AFP  -  269 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8584 14 MMJSTVIALS Consrnmr products 19,8 L*ft Vol Day Net Cap High Low Company Sala OOO High Lew P/E Smll 310 180 Ajinomoto 251 -9 2 251 251 13.8 101.7 148 73 Angkasa 90 11 50 90 77 2.1 132.7 290 123 Apollo Food Hlg 170 -10 13 170 170" 4 9-
        8,584 words
      • Article, Illustration
        Lock icon Foreigners sell index-linked stocks
        383 14 AFP n Composite Index -0.56 MALAYSIA'S key stock index closed off its lows yesterday in volatile trade as foreign investors off-loaded index-linked stocks amid concerns over corporate failures. "Investors are still cautious. The question now is if the index will break 600 points," a senior dealer
        AFP  -  383 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3565 15 BOWS, LOANS WARRANTS 100a Wt Mioh lam r Lait Vo< °*V LOlt Ouolt AvQ 5 Stno c#mMn s»l# ♦or- COOO> High Low Buyor Sollor Prlco 23.5 9 m 3000 m AMOB C5.5H*****6 18 11 5 L -Ac*r W*****1USS 12 *0.5 I 12 12 12 13.5 5 8 5 3,64 Acma
        3,565 words
      • Article
        Hai Sun Hup wrt: good numbers
        175 15  -  WARRANT WATCH -Ry\ R Sivanithy The Hai Sun Hup warrant has not been featured much in this column of late. So it might be timely to look at it now, seeing how it was so active yesterday. A review of the numbers shows the
        175 words
    • Article
      CLOB INTERNATIONAL
      2050 15 Transaction date Apr 17 MALAYSIAN STOCKS stno Company C i" IS* *L 2 r mtSOOO AIS850c Z7i 398 77 70 74 76 io 33 14 3,3 7ZZ 'a 33 r 33 29 315 32 37 60 19.5 m s 5003 Amsteel 50c 27 unch 739 28 26 27
      2,050 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6733 17 Transaction date: Apr 17 1998 Last Vol Oey LMt Ouott Dlv 01* VM Net Cap Avg UN* i— StNo Company Sato COOO) MiqH Law Buyar Salter C'vr P/t $mM Pric. iNOUS TRIALS 43 18.5 a 1020 ACE Dynamtc$60c 28 -1 586 29.5 28 28
      6,733 words
    • Article
      SESDAQ
      1179 17 Cr Cr M Wt Hdt Vat Day LMt Owott Mi 0)1 n M Cap A»g hi* u» WW ciwmm uh roooi m cw w t— wca 134 92 2000 ABR HMqs 9c 104 unch 14 104 100 103 104 46 05 243 76 2049 AS Auto tOc 183 -2
      1,179 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        216 18 Slocks W— Easyknit HKIOc 11,472,000 •Rekapacific Bh 8,980.000 •MBf Capital 7,527,000 Uraco HldgslOc 7,412,000 •Renong Bhd 50c 7,211,000 *M Resources 6,433,000 •Uniphoenix 5,695,000 OBSFR 5,317,000 •Pub Bk Foreign 5,232,000 STEngglOc 4,078,000 Stocks DBS Foreign 36,275,279 OCBC Foreign 26,497,477 UOB Foreign 24,555,774 SPH 21,085,544 City Dev 50c 13,287,233 SIA Foreign 13,175,959
        216 words
      • Article, Illustration
        HOT STOCK
        59 18  -  -by Shiv Taneja FACB closed one cent higher yesterday at 23.5 cents on a volume of 1.29 million shares, compared with its 10-day traded average Of 1.07 million units. Daily and weekly RSI and Stochastics are near the 25 level. In the near term, there may be some
        59 words
      • Article, Illustration
        Stable currencies, stronger KL market ease pressure
        662 18  -  STOCK MARKET COMMENTARY Focus, however, tarns to second liners; brokers warn M'si&n recovery could be temporary By R Sivanithy [SINGAPORE] The local stock market yesterday enjoyed a respite from the relentless selling pressure of the past four sessions, although a tentative early rise
        662 words
      • ON THE GRAPEVINE
        • Article
          McCarthyism at work?
          115 18 WE are all for fighting software piracy but it is a little surprising that a big corporation like Microsoft should resort to a method of combating counterfeits that smacks of McCarthyism and China during the Cultural Revolution. In an advertisement yesterday, Microsoft offered a reward of up
          115 words
        • Article
          Apple Computer embraces Gandhi
          128 18 STILL on curious advertisements from the computer industry, there's this one from Apple Computer being splashed in many major international magazines. It shows a black and white full-page picture of a loincloth-clad Mahatma Gandhi sitting cross-legged in front of an old spinning wheel. "Think different", says
          128 words
        • Article
          Second Board blues
          112 18 SOME 45 companies listed on the Second Board of the Kuala Lumpur Stock Exchange suffered losses last year, a report from the Malaysian Chinese paper Nanyang Siang Pau said yesterday. Of the lot, Bescorp led the pack with losses of RM65.2 million (5527.4 million), followed by Repco
          112 words
        • Article
          Better than freebies, IDC
          115 18 THEY'RE not the first organisation to do this, but we think the gesture is worth highlighting. At research group IDC's annual conference yesterday, participants received a form in their folder in addition to the obligatory feedback form. The second form had a list of charities; the
          115 words
        • Article
          Asset management alliance
          65 18 UNION Bank of Switzerland, Maybank and A seam bankers Malaysia Bhd have formed an asset management joint-venture company targeting both institutional and retail investors in Malaysia. ÜBS will own 35 per cent of Mayban-ÜBS Asset Management Sdn Bhd while Maybank and Aseambankers will hold 40 per cent
          65 words
        • Article
          Be there on April 31
          78 18 A READER called in wondering whether the El Nino effect (which has wreaked such havoc to the weather around the world) has added a day to the month of April. It turns out that the reader saw a a banner outside the Concorde Hotel advertising
          78 words
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      187 8 exclusive IfcgW TheßusinessTimes Hkas. •fi'Vki K Plaza It's time to reward your secretary for her diligence and commitment. Tell us why she should be treated to an all-expense »paid luxurious weekend deluxe suite stay for two at the JftHHMflv a Royal Crowne Plaza Singapore. And be pampered like a star
      187 words
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      782 16 JT Singapore Press Holdings Limited t/ ~v BipliPljß UNAUDITED RESULTS FOR THE HALF YEAR FEBRUARY 28, 1998 77,6 Directors announce the following unaudited results for the six months ended February 28, 1998. \2_ Earnings Per Share (in cents) croup 1998 IQQ7 (a) On existing issued share capital 49 e3 (b)
      782 words
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      Page 17 Advertisements Column 1
      70 17 calling about f See...l told j The carc we're f the computer j I you this was a N. making for Susan I advertised in go °d X Yup, we got what V is going to be I \The Straits Timey' 1 S [we wanted because V real nice! V
      70 words
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      Page 18 Advertisements Column 1
      708 18 BUSINESS Notices To advertise call toll-free 1800-741 1883 NOTIFICATION Mid-Continent Equipment Pie. Ltd ("MES") is and was at 30 June 1997 (the Balance Sheet Date") a company beneficially interested in 50<* of the issued share capital of Mid-Continent Tubular Pie Ltd ("MTS") As at the Balance Sheet Date, (i) each
      708 words
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      Page 18 Advertisements Column 2
      751 18 lIMIM-lIFflidSU J i NOTICE IS HEREBY GIVEN that, I Thian Boon Hua of 130 Geylang East Avenue 1 #17-295, Singapore m *****0, have applied for a Second Class Public I House Licence in respect of M/s Hueng Wun Shen I Kee, located at 36 Seah Street, Singapore *****2, I and
      751 words
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      Page 18 Advertisements Column 3
      8 18 Run a special feature on your Grand Opening
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Sorry, but we have to let you go
      1602 19  -  COVER STORY In this newly fragile job environment downsizing has moved beyond the factory floor and into the offices of white-collar managers. Which industry executives are most at risk and what steps can they take to gain a new foothold in the
      1,602 words
    • STRAWS In The Wind
      • Article
        Men at work
        111 19 GROUND-BREAKING a new project can be hard work, but at a ceremony for Summerdale, the newest executive condo in Boon Lay, directors of the company developing the project showed what it was like to really get down to work. The eight gentlemen symbolically broke the ground by
        111 words
      • Article
        Pol Pot's legacy
        68 19 FORMER Khmer Rouge leader Pol Pot, reported to have died of a heart attack on Wednesday at the age of 72, will always be remembered as the man responsible for the deaths of over a million Cambodians in the killing fields. A recent documentary, howev- er, put
        68 words
      • Article
        Yes, it's the same movie
        61 19 BREAKING the language barrier is tough going even in this borderless world. When The Full Monty went to Hongkong, audiences there went to see Six Stripped Warriors. The previous year's hit movie The English Patient could, of course, be translated into The Sick Englishman. But
        61 words
    • PROFILE
      • Article, Illustration
        Lock icon On-line, mobile and easy to access
        1385 20  -  That's Peter Cochrane, head of advanced research at BT Laboratories, who travels 150,000 miles every year but promises a reply within 12 hours to staff who e-mail him. He tells Catherine ong what living on the edge of the IT dream is all about
        CHRIS LOH  -  1,385 words
      • Article
        Surviving the golden handshake
        550 20 How to cope with with the bewilderment and shock of job loss, and make the right lifestyle adjustments THERE is life after the corporate fast track, former Amex senior vice-president Lee Soo Jin has discovered. "I have been there and done that so I am more
        550 words
    • PURSUITS
      • Article, Illustration
        Lock icon Walking tall at Song & Kelly
        860 21  - Walking tall at Song Kelly Designers Wykidd Song and Ann Kelly mean business. Just back from their show in New York, they're already talking about setting up a store in London. All that's needed, they tell tan su ten, is another investor TAN SU YEN PLUSH with success from its
        CHRIS LOH  -  860 words
      • Article, Illustration
        Lock icon Scenes from the back of beyond
        797 21  -  EXHIBITION For artist Nie On, the Cultural Revolution actually enabled her to keep up with her drawing By Susan Tsang IT SEEMS strange to think of the Cultural Revolution actually helping an artist's career, but this was the case with Beijing-based artist Nie Ou,
        PHOTO OF ARTIST BY CHRIS LOH  -  797 words
      • Article
        A moving canvas for artistic expression
        702 21  -  MULTIMEDIA By I Susan Tsang FILM, art and women meet in a multimedia event organised by the Singapore Art Museum (SAM) and the Singapore International Film Festival (SIFF). Women About Women and South East Asian Films is a two-week programme that features 20 South-east
        702 words
      • Article
        Precious little to be said in its defence
        637 22  -  CINEMA The Rainmaker, with its no-brainer of a legal plot and foregone conclusions, unfolds like a bad lawyer joke By\ Shahiron Sahari A BRILLIANT adaptation of a lightweight work of fiction, Mario Puzo's The Godfather assured Francis Ford Coppola of his place
        637 words
      • Article, Illustration
        Lock icon The many faces of Nicolas Cage
        1028 22  -  CELEBRITY Wild man or angelic being? Nicolas Gaga, it seems, can be both. The star of The Reck and Con-Air is now turning his attention to the gentle role of Seth in City Of Angels By, Joshua Mooney NYT WHEN Hollywood sets out to
        NYT; FILE PHOTO  -  1,028 words
      • Article, Illustration
        Lock icon Giving up the grape for the grain
        557 23  -  NIGHTSPOT Forget about Burgundy and Bordeaux. Keeping you company at The Whisky Still are high quality drams from the Highlands, the Lowlands and Islay By. A Surendren WINE snobs may wax lyrical about the long legs, bouquet and finish of their wines, but
        ARTHUR LEE  -  557 words
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        WHAT'S ON
        394 23  -  Compiled by M Yasotha MUSIC Singapore Symphony Orchestra The programme consists of Mozart's Symphony No 32 in G, K318 "In The Italian Style", Tchaikovsky's Variations on a Rococo Theme, Saint-Saens' Cello Concerto and Bartok's Concerto for Orchestra. Okko Kamu conducts and Arto Noras is the guest cellist. Apr
        394 words
    • EPICURE
      • Article, Illustration
        Lock icon Great world delicatessen
        774 24  -  Sharksfin soup in pouches, vinegar juice and caffeinated water all made their appearance at Food Asia '98. Some of the offerings were quite wonderful in terms of convenience, while others were just plain weird, jaime be reports JAIME EE GLOBAL food shortage could not have been further
        PHOTOS BY CHRIS LOH  -  774 words
      • Article, Illustration
        Lock icon Big on looks, short on taste
        557 24  -  SALON CULINAIRE By, Jaime Ee IF FOOD can be art, the justended Salon Culinaire would have thrown up a lot of culinary Van Goghs. The prestigious cooking competition, held in conjunction with Food Hotel Asia '98, saw participants from every food-related area, from ice
        ARTHUR LEE  -  557 words
      • Article, Illustration
        Lock icon Sandwich treats at the Science Hub
        670 24  -  RESTAURANT Tigella's new branch may be going through some teething pains, but its bread is as good as ever By i Corinne Kerk MAYBE it was the offbeat location. Or the over-extensive menu which failed to scale any culinary heights. But Foligno at the
        CHRIS LOH  -  670 words
      • Article
        East or West, quality will always come shining through
        809 24  -  WINE CONNOISSEUR Some observations about the first Singapore International Wine Challenge By] N K Yong FOLLOWING its successful launches in Asia last year, London's prestigious International Wine Challenge (IWC), the world's biggest wine competition, came to Singapore last weekend to run
        809 words
    • Article, Illustration
      CINEMA
      757 25 A Life Leu Ordinary. Ewan McGregor stars as a janitor who kidnaps his ex-boss' daughter (Cameron Diaz). Yishun, Bishan, Tampines, GVMarina, Eastpoint, Beach Rd. A Kid In Aladdin's Court. A modern kid goes back in time. Sequel to the King Arthur's court adventure. Lido, Century, Hougang, Changi, Chinatown, Republic,
      757 words
    • Article
      ENQUIRIES AND BOOKINGS
      121 25 Cathay Org Cathay *****00 Kastshore 346-1816 Orchard 235-8386 PlcturehouBe 338-3400 Yangtze 223-7529 BnffWah Empress 777-5867 Jubilee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Bedok Bishan 353-8885 Boon Lay 792-2788 Broadway 464-9394 Majestic 533-9032 Marina 337-9488 Pavilion 786-5788 Tampines 8 786-5788 Tiong Bahru 274-6588 Ylshun 257-7848 OfWIM «WH
      121 words
    • TRAVEL
      • Article, Illustration
        Lock icon Men in black (robes) and a skeleton in the closet
        1410 26  -  You'll find the monks at Belgo Central and the bones at Quo Vadis, just two of London's growing number of hip and happening restaurants where concept is every bit as important as cuisine. audhey per era offers some food for
        PHOTOS BY AUDREY PF.RER A FOR BT  -  1,410 words
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      7 19 Profile Peter Cochrane EL 2 L E*
      7 words
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      Page 19 Advertisements Column 2
      124 19 Travel London's trendy estaurants EL 8 |«W In business, being at the right place at the right time with the right crowd is critical. Our Special Features can help you get there. The right place,- because the editoral focus complements your advertisement. The right time, because our special features are
      124 words
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      44 20 PCI Or make your dream a reality with a piece of realty. Whether you're in the market for a luxurious bungalow or an affordable apartment, you can find it easily in the Classified. Move on to the Properties Section, Classifications 400 to 569. CATS.
      44 words
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      63 22 Showing at Shaw, Cathay, Eng Wah, Golden Village, UA cinemas. Rated PG. I My hubby can A walk into "these O J "two jobs. Wo o handicap Any Jod. any Career. Available any day. Any time. ANYWHERE. The straits times the Sunday times Business times THE NEW PAPER LIANHE ZAOBAO
      63 words
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      Page 22 Advertisements Column 2
      133 22 In business, being at the right place at the right time with the right crowd is critical. Our Special Features can help you get there. The right place, because the editoral focus complements your advertisement. The right time,- because our special features are specially planned to coincide with specific events,
      133 words
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      Page 23 Advertisements Column 1
      580 23 Where to wine, dine and entertain... "~t (o>&&**& 1 1 ESMBB—-agg 11 Tll i(r ',-t J Thai Food Haven at the Heeren 'Expect to be satisfied W** a >t» rJl,^r ,han >>ur P riM f Which is another way W, you'll be hack tor more". AaS -r KjE The Times
      580 words
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      Page 23 Advertisements Column 2
      47 23 9sfel»u§> ntve meal/ \tv° T at Triple 3, The Buffet Restaurant LSJ 12)-£§> APRIL Reservations 831-6271/2, 831-6288 (3-6pm) OHkMIAartMW Co«|Mnc OfftcM Charge Card SL~ MM H 151 -»j< LIPTO* BgJ 6s4an Mantiarui Stngtporr 333, Orchard Ro*d Singapore *****7 Tel 737 4411 How to make your Secretaries weak.
      47 words
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  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      701 25 RECOMMENDED VIEWING Alien activities in the Chinese capital. This episode looks lniection at Chinese oil paintings, including the works of Wu The Andromeda Strain, Guanzhong. 11pm, Ch 5 A two-hour sci-fi thriller Trans-Siberian Train about how scientists try to Journey, 7pm, isolate a deadly virus Premiere 12 from outer space.
      701 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      1442 25 TODAY'S TV Ppamlnm 13 018 Zone. PM Soccer: The FA Col- 200 i PltMtt 7.00 People Trans- M Siberian Train Journey mm Ghanamirtham. (See Highlights). K«S n 30 Ninaithalae Inikkum. case Ivanhoe (Ep 3). \\jKrF"' A 800 Berita 12 (News, M). 9.00 Art Circles Beijing «H 8.30 Setulus Kasih 9.30
      1,442 words
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