The Business Times, 9 May 1998

Microfilm: NL21186
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 110/12/97 85e SINGAPORE Internet- http://www.asial.com.sg/biztimes WEEKEND EDITION, MAY 9-10,1998
    14 words
  • Article
    MARKET SUMMARY
    60 1 sra (-7.75) □mm 5H.78 (+2.85) fjBTOOMP iJ UI3JB (-7.24) fl BTCOMP hJ M 0143 (+0.49) frwcKAMOBrmwcBg Friday Change KLSE OOMP MM -C78 NIKKEI 16,148.06 +U7 HAM) SENG 10,060.58 SET INDEX ***> -7U JAKARTA OOMP MANILA OOMP +19.99 TAIPEI WH 4210.84 -7*63 SHOW/OOMP 173.94 443 CLSA CHINA B __3H38__-7.48
    60 words
  • Article
    FINANCE
    76 1 ran kites ust St USS 1.(18 I(US&/S$per2) 1.638 U4f DM 1.7f7 Oil* YEN 132J lil7* MS 1815 1.424 HKS 7.741 tW BAHT 38.75 0.M2 RUP1AH 8JK0 MIS' St to 100 units PUKE BATES SINGAPORE* 779 KUALA LUMPUR 11.50 JAKARTA 28 00 BANGKOK 1475 MANILA BJ» HONGKONG 10.25 TAIPEI 8.80
    76 words
  • Article, Illustration
    Lock icon Home prices down 9.3% in Ql, warehouses down 22%
    532 1  -  Surprise drop for warehouses may not signal a crash as it is bailed on jnst 3 deals By Lee Han Shih [SINGAPORE] The government's property price indices for the first quarter threw up two pieces of bad news one expected, the
    Source: URA  -  532 words
  • Article, Illustration
    Lock icon Regional currencies in uneasy calm as stocks continue slide
    458 1 [SINGAPORE] Regional currencies recouped some of their losses yesterday as traders wound down their activities ahead of a long weekend. The same could not be said of regional equities, with most markets continuing to give up ground. Though the social situation
    Source: Bloomberg  -  458 words
  • Article, Illustration
    Lock icon Vickers the blushing bride dumps BMW at the altar
    338 1 But USs7lom VW bid may yet be challenged by BMW NYT AFP [LONDON] Switching suitors at the altar with coquettish speed, Britain's Vickers pic announced on Thursday that it had accepted a US$7lO million (Ssl.l billion) bid from Volkswagen AG for
    NYT; AFP  -  338 words
  • Article
    Lock icon Jobs report spurs Dow to 107-point rise at 2pm
    133 1 Bloomberg [NEW YORK] Wall Street stocks rose for the first time in four days yesterday, as an unexpected drop in the jobless rate spurred optimism for faster profit growth. Signs that inflation isn't about to accelerate, coupled with indications that corporate
    Bloomberg  -  133 words
  • Article
    PM Goh to S'poreans: Don't be downcast by crisis
    673 1  -  By Ven Sreenivasan [SINGAPORE] Singaporeans need not feel downcast about this year's slower economic growth the lowest since the 1965 recession as there is a silver lining to the dark clouds of the regional crisis, Prime Minister Goh Chok Tong said
    673 words
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      Page 1 Advertisements Column 1
      124 1 ÜBUIIB I K, I Michel Camdessus, IMF managing director, talks to BT about what ails the region, EL 2 A Chinese central bank official, named as coauthor of a report that hinted at a devaluation of the yuan, denied that the theory of a likely gradual depreciation was his, I*4
      124 words
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      Page 1 Advertisements Column 2
      8 1 Time to start nibbling on stocks, Pg 3
      8 words
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      Page 1 Advertisements Column 3
      242 1 Furthor fen* predictedfor residential property, Pg 2 US jobs report, Pg 6 x! Timeless values. 'a Wp "m\ 4 Empire Period. Geneva enamel. >. Duplex escapement movement These two exquisite watches, The Rolex Day-Date in the shape of peaches, are W s appreciated for more called «For China». than just
      242 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Properly prices seen falling another 15-20% this year
      374 2  -  Salomon Smith Barney predicts 8% fall in first half of next year By i Catherine Ong PRICES of residential properties in Singapore could fall by another 15-20 per cent this year and 8 per cent in the first half of 1999, predicted
      374 words
    • Article, Illustration
      Sino-ST satellite project: partners inject full equity
      591 2  -  Project expected to be operationally profitable years after service launch Reports by 1 Teh Hooi Ling THE US$64O million (551.03 billion) pan-Asian satellite mobile phone project, involving Chinese parties and Singapore Technologies (ST), is expected to net 400,000 subscribers and be operationally profitable
      591 words
    • Article
      ST Telemedia clarifies SingTel's pullout from project
      283 2 THERE'S no hard feelings between Singapore Technologies Telemedia and Singapore Telecom, an ST Telemedia official said. ST Telemedia and Sing Tel will continue to cooperate in regional or international telecoms projects if opportunities present themselves as both are majority-owned by Temasek Holdings. Referring
      283 words
    • Article
      US chip firm Exar to make S'pore's CSM its major supplier
      477 2  -  From< Jennifer Lien m Fremont, California SPECIALIST chip company Exar Corp is turning to Singapore's Chartered Semiconductor Manufacturing (CSM) as its major chip supplier for the future, senior officials said here last Friday. The Silicon Valley-based chipmaker, which does
      477 words
    • Article
      No change in policy, says TAS
      198 2  -  LETTER TO THE EDITOR Dulcie Chan Corporate Communications Officer Telecommunication Authority Of Singapore I refer to your Thursday article "Handphone subsidies seen doubling operators' costs". As was highlighted to your reporter during the interview with our director-general Leong Keng Thai in March, there is
      198 words
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      311 2 THE WEATHER Singapore: Partly cloudy. Occasionally showers expected overnight. Temperature (29-25 C) Aate-Paotfk OmmL ttiiji RVLf (ML WU 1 OwmL AwAJud 21/14 (load) Mrti tt'll <My RwmAm ttll <toow*rc BNtfu* 3MO My Mkm tl/H My Bem SHI My Mi 2im daml> *M» Boahav J4« (My Bob tVU My I>l\ mmj
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        615 3 Those polled for their views on the Singapore stock market outlook for next week were: Alliance, Daiwa, Deutsche Morgan Grenfell, Fraser, GK Goh, ING Barings, Kim Eng, Merrill Lynch, Phillip and Indosuez WI Carr. Parkway Holdings ♦(Malwtahi Hold) Indones WlCarr, May 7, S3JB We like Parkway's position
        615 words
      • Article, Illustration
        In My Opinion
        432 3  -  Tony Raza Dfttwa Institute 4<fWl Singapore banks I have seen their X share valuations fall to the low levels as that of other regional banks even though they do not possess the structural flaws of the other banking systems. For example, Maybank is trading at a price
        432 words
    • Article, Illustration
      Time to start nibbling
      850 3  -  With sentiment down, volatility up and prices low, some believe it's now time to take a closer look at Asian equities By. Louis Beckerling [SINGAPORE] FASTEN your seat belts, the renewed turbulence on regional stock markets could be here for a while. Rioting in Indonesia, labour
      850 words
    • Article, Illustration
      Lock icon S'pore unit trust investing in India market lags index
      575 3  -  The NA India fond, launched in July 94, is down some 23% By\ Shiv Taneja THE Indian sub-continent may have escaped the brunt of the East Asian crisis, but staying invested in Indian equities hasn't been a particularly profitable experience as
      Source: Bloomberg  -  575 words
    • Article
      Foreign funds waiting to see who will succeed Ramos
      577 3  -  BTB OH THE REGION: THE PHILIPPINES Peer corporate earnings also dampen sentiment From, Al Labita m Manila FOREIGN fluids have been shying away from Philippine shares but if Monday's elections turn out to be hasslefree, they are likely to rush into
      577 words
    • Article
      Unit trust performance ranking
      863 3 Next poUicafiM date: Ju 13,1*0 Jjg; *a5> »g -J.e mSSM MM 255 SSSS SB 225 |Z gjfefeaHrftntoi gfrtwOr. 87*8*0 *74 S lit J -t« 2 4847 4 M I I OCBCSmnCtaptt 04*7*7 -&04 8 LK 4 *58 4 *419 S -11.17 J CM I WH'iilln8fc—mi 04/17*80
      863 words
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  • MARKETS IN TURMOIL
    • Article
      Lock icon HK$ seen as target of speculative attack
      215 4 AFP [SINGAPORE] The Hongkong dollar came under close watch yesterday amid fresh rumours that its peg to the US dollar may break because US hedge fUnds were gearing for a speculative attack on the currency, dealers and analysts said. "I think there has
      AFP  -  215 words
    • Article
      Lock icon KL increases rescue fund to RM1.5b
      186 4 AFP [KUALA LUMPUR] Malaysia yesterday boosted a fund set up to disburse loans to small and medium-scale industries to 1.5 billion Malaysian ringgit (***** million) from RMI billion previously. Finance Minister Anwar Ibrahim said the additional amount, to be provided by the central bank,
      AFP  -  186 words
    • Article
      Call for US$200b fund to help struggling Asian countries
      410 4  -  ASIA SOCIBTT OOKFERBfCB From Quak Hiang Whai in Hongkong AN Asian reconstruction and development fund worth US$2OO billion (***** billion) should be set up to help countries affected by the financial crisis, said a former prime minister of Pakistan. Moeen A
      410 words
    • Article
      Talks continue for Mexican-style solution to Indon debt problem
      729 4  -  Chwt officials from Jakarta, creditors begin second round of From Anthony Rowley in Tokyo SENIOR Indonesian government officials and representatives of leading international commercial banks began a second round of talks yesterday in Tokyo aimed at securing a "Mexican-style" solution to
      729 words
    • Article, Illustration
      Lock icon Indon markets edgy over new protests
      540 4 Rnpiah closes at •480; stock market falls 0.49% to 434.66 Reuters [JAKARTA] Indonesian financial markets were edgy yesterday on renewed student protests and on continued unrest and looting in cities in north Sumatra. Students ignored a call from Indonesia's powerful military chief to halt
      Reuters; REUTERS  -  540 words
    • Article
      China sees US$30b trade surplus
      467 4  -  Top trade official points to 13% lst-qtr export growth From Loh Hui Yin in Hongkong AFTER a surprisingly robust first quarter of exports, China is confident it will achieve a trade surplus of US$3O billion (5548.5 billion) for this year, said the country's chief trade
      467 words
    • Article
      Lock icon PBOC official denies hinting at devaluation
      692 4 00-anth«rsays paper mato public without permission AFP, Reuters [BEUING] After an astonishing sequence of denials, clarifications and admissions, a Chinese central bank official named as co-author of a report that hinted at a devaluation of the yuan said yesterday that he had contributed to
      AFP,; Reuters  -  692 words
    • Article
      Yuan devaluation seen as Asia's biggest threat
      362 4  -  Fear could stay for a long time: Salomon Smith Barney By Catherine Ong [SINGAPORE] The biggest threat facing Asia today is a devaluation of China's currency, and this uncertainty surrounding the future of the renminbi could persist for sometime, according to a senior
      362 words
  • Page 4 Advertisements
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  • REGION
    • Article
      Composition of Estrada cabinet worries analysts
      624 5  -  Mismatch of left and right points to govt paralysed by gridlock, they say From, Al Labita in Manila WITH opinions polls predicting Joseph "Erap" Estrada likely to win Monday's Philippine presidential election, attention has shifted to his circle of advisers and concerns are rising
      624 words
    • Article
      Move to postpone new round of WTO trade talks
      503 5  -  SINGAPORE Developing world still digesting Uragnay Round treaties, say leaders By\ Ronnie Lim THE lines are starting to be drawn: developing countries want the brakes applied on the developed world's push for the World Trade Organisation (WTO) to launch the next
      503 words
    • Article
      Reform momentum building up
      744 5  -  COMMIMTABY Medan riots embolden several key players to voice support for political change By SN Vasuki AN UNEASY calm returned to Medan yesterday, after four days of rioting that sent jitters across regional financial markets. Analysts feel that the political repercussions from the Medan riots will
      744 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      42 5 THEY SAY MAN CAN T FLY nPjfe: .'s#** gi dtf' 1m- **01* a r j *T <fr v v fettf' ■> 4Kr* "f ir m— w*- <W"** P''jbi' *ifc■ wGtt f W *japl < %u|f i fjti 'i r it I y 3pP* I
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  • REGION/WORLD
    • Article
      Lock icon US April jobless rate falls to 28-year low of 4.3%
      555 6 WASHINGTON Eeboand from weather-linked weakness sees job rise of 262,000 Reuters, Bloomberg THE US unemployment rate tumbled to a 28-year low of 4.3 per cent in April as the job market bounced back from weather-related weakness in the previous month,
      Reuters,; Bloomberg  -  555 words
    • Article
      Lock icon Strong German growth in Q1: Buba economist
      318 6 VIENNA Bloomberg THE German economy grew at a rapid pace in the first three months of the year as a mild winter boosted the economy, Bundesbank chief economist and future European Central Bank board member Otmar Issing said. "In the first quarter of
      Bloomberg  -  318 words
    • Article
      Lock icon US attacks EU form trade policy, says it will revive subsidies
      219 6 M WASHINGTON Reuters THE United States said on Thursday it would revive agricultural export subsidies to prop up US farm prices and warned the European Union that it will not tolerate unfair trading practices. The move came amid skidding
      Reuters  -  219 words
    • Article
      Lock icon Pound set to fall and no rate rise needed, says London think-tank
      337 6 LONDON Reuters THE pound will continue its recent slide and the Bank of England can meet the government's inflation target without raising interest rates, forecasts the London Business School. Economists at the LBS's Centre for Economic Forecasting said
      Reuters  -  337 words
    • Article, Illustration
      Lock icon Saying no to Nyrap
      76 6 [COPENHAGEN] A demonstrator, Joined by his Dalmatian dog, expressing his discontent with Danish Prime Minister Poul Nyrup Rasmussen. He was one of some I,oooworkers protesting outside parliament in Copenhagen yesterday while lawmakers prepared to vote on a government plan to end the 11-day national strike. The
      REUTERS  -  76 words
    • Article
      Lock icon S Korea's Dong Ah Group given emergency loan
      359 6 SEOUL Reuters DONG Ah Group, South Korea's 10th largest conglomerate, was temporarily put on life support yesterday when creditors decided to offer an emergency loan to keep its flagship unit afloat. Creditors of Dong Ah Construction Industrial Co said they would provide
      Reuters  -  359 words
    • Article
      Lock icon IMF chief seeks forum to debate economic issues
      444 6 LONDON flinHitminifi ftr jHfiliffl making IMF council AFP IMF MANAGING director Michel Camdessus yesterday called for a new 27-member forum to debate global economic issues as part of a campaign to build a "new financial architecture" from the ashes of the Asian
      AFP  -  444 words
    • Article, Illustration
      Lock icon Rubin urges Japan to get economy back on track fast
      479 6 LONDON Tbkye'secenemte health key to Asia's recovery from crisis Bloomberg JAPAN needs to get its economy back on track to help other Asian nations recover from their recent economic crisis, US Treasury Secretary Robert Rubin said. "Japan faces the challenge
      Bloomberg; REUTERS  -  479 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      118 6 DOOOTBBURY By Garry Trudeau ure*icussmrems, fM WntcVHAveGuessep^Km SUEBTTHE X>f THATSAME INNOCENT kv| THEPRESENT, (JNBUR- HjJ I tPGROtUUPTOBBA Pi AIR IS. SAM? MORS THAN SPRITE OF A LAPWHOTKX? M OENEP BY AMBfWN OR f 1 POtdERn/L. RESPECTEP W§ ANYTHING ELSe.TTS THE THESE GREENH6 AlEAPOtUS KN THE SLIGHTEST NOTION OF\ S BABYSTTTER*
      118 words
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  • COMPANIES & MARKETS
    • Article
      Thai SEC voices concern over new Simex futures
      397 7  -  Simex sajs contracts to plug need for risk management in regNnal markets By\ Edmund Loh [SINGAPORE] The Singapore International Monetary Exchange's (Simex) plan to trade new futures contracts based on regional stock markets including Malaysia and Thailand is not going down well
      397 words
    • Article
      SPH to buy Thomson Audio's Toa Payoh building for $40m
      413 7  -  Property will eventually house all non-print operations By Abdul Hadhi [SINGAPORE] Singapore Press Holdings is buying Thomson Audio Singapore's industrial building in Toa Payoh for $40 million so that it can eventually house all its non-print operations under one roof.
      413 words
    • Article
      Licences suspended for 2 M'sian brokerages
      290 7  -  From] Eddie Toh in Kuala Lumpur IN an unprecedented move, the Securities Commission has suspended the licences of two ailing stockbroking firms in Malaysia MBf Northern Securities and Labuan Securities. Under the suspension, the two firms will be barred from carrying on the business
      290 words
    • Article
      SingLand may have to resort to large borrowings
      644 7  -  HOCK LOCK SIEW Lee Han Shih GIVEN a choice, no developer would want to borrow money in today's high interest rate environment. But Singapore Land may not have much of a choice. Sing Land's latest annual report, which came out earlier this
      644 words
    • Article
      ASA set for S'pore mainboard listing
      676 7  -  Taiwan-controlled ceramic firm's IPO may come this month Fronv Quak Hiang Whai in Hongkong ASA Ceramic, one of the fast est-growing ceramic firms with the Singapore Technologies group as a shareholder, qualifies for a Singapore mainboard listing and may go for it later this
      676 words
    • Article, Illustration
      Bambang quits as VDH director due to Indon commitments
      239 7  -  Byi Clarissa Tan [SINGAPORE] Indonesian magnate Bambang Trihadmotjo has resigned as director of Singapore-listed Van Der Horst, the company said. "As a result of his very busy schedule and other pressing commitments in Indonesia, he is unable to devote his foil
      239 words
    • Article
      Salomon Smith Barney on a hiring spree
      491 7  -  By < Catherine Ong [SINGAPORE] US securities house Salomon Smith Barney has been hiring aggressively in recent months and expects to become one of the top players in Asian securities market within 18 months. Deep Kapur, a director and head of quantitative research
      491 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Tenaga seen posting RM2b interim forex loss
        496 8 Power utility will probably show rise in operating profit: industry official Reuters [KUALA LUMPUR] Malaysian power utility Tenaga Nasional is expected to post a foreign exchange loss of more than two billion Malaysian ringgit (*****.4 million) for its latest reporting period, an industry
        Reuters; Source: Bloomberg  -  496 words
      • Article
        Lock icon Ansett reports A$14.3m loss in Q3 as Asian crisis bites
        308 8 Bloomberg [SYDNEY] Ansett Holdings Ltd said it made a A 514.3 million (5114.7 million) operating loss in the third quarter as the airline felt the impact of the Asian crisis and a weak Australian dollar. "These results are unsatisfactory and
        Bloomberg  -  308 words
      • Article, Illustration
        Lock icon Big Job on a rainy day
        62 8 [TOKYO] A picture issued by Fujifllm on Wednesday showing its new digital camera called Big Job DS-250HD. The Big Job has a water-resistant body for heavy-duty use and is equipped with a 1.5 million-pixel half-inch CCD (charge-coupled device —a light-sensitive chip that captures colour
        AFP  -  62 words
      • Article
        Lock icon CAHB to ink terms of MBf deal by June
        427 8 Bernama [KUALA LUMPUR] Commerce Asset-Holding Bhd (CAHB) is expected to formalise the proposal to acquire 37.5 per cent equity in MBf Finance from MBf Capital Bhd this month or in June, CAHB executive director Rozali Mohamed All said yesterday. CAHB first
        Bernama  -  427 words
      • Article
        Lock icon Daewoo to raise US$7b in foreign capital
        161 8 Reuters [SEOUL] South Korea's Daewoo Group said yesterday it would raise US$7 billion (5511.3 billion) in foreign capital by 2000 through asset sales and mergers. The group said in a statement it would foster trading unit Daewoo Corp, unlisted vehicle-making unit Daewoo Motor
        Reuters  -  161 words
      • Article
        Lock icon Carter Holt's Q4 profit plunges 70% on falling Asian demand
        552 8 Profit of NZs24m at top end of analysts' expectations Bloomberg [AUCKLAND] Carter Holt Harvey Ltd said profit in the fourth quarter fell 70 per cent, as expected, as log, pulp and linerboard prices slumped amid falling demand for forestry products
        Bloomberg  -  552 words
      • Article
        Lock icon APP to sell US$300m bonds in US
        419 8 S'pore-based Indon firm plans move after markets get over news of nnrest Bloomberg [SINGAPORE] Asia Pulp Paper Co, Indonesia's biggest paper maker, plans to sell US$3OO million (*****.1 million) of bonds in the US after bad news that has rattled Indonesian markets and
        Bloomberg  -  419 words
      • Article
        Lock icon Two Multi-Purpose Holdings units get okay for revamp
        260 8 BaakwfllMfain MiM-Pipm Finance Bernama [KUALA LUMPUR] Multipurpose Holdings Bhd (MPHB) has received approval from Bank Negara Malaysia and the Ministry of Finance to reconstruct two of its subsidiaries Multi-Pur-pose Bank Bhd and Multipurpose Finance Bhd. Under the reconstruction exercise. Multi-Purpose Bank will
        Bernama  -  260 words
      • Article
        Lock icon Proposal to regulate HK share margin financing
        205 8 AFX-Asia [HONGKONG] The Financial Services Bureau said it is proposing that the Securities and Futures Commission regulate share margin financing by »rtMMHng the definition of dealer under the Securities Ordinance to individuals engaged in margin lending. The proposal is contained within the bureau's
        AFX-Asia  -  205 words
      • COMPANY Briefs
        • Article
          Court's Katung moves to Marine Parade
          83 8 [SINGAPORE] Furniture chain Courts' Katongbnmch has moved to a new 13,000 sq ft location in Marina Parade. Ilia new stte win oOmt the full range of Govts ftirniturs as wan as the Courts' which sells electrical appliances. Said managing director Bryan Brooks: "Our Marine
          83 words
        • Article
          Lock icon Jakarata bourse to sell brokerages' costs
          64 8 AFX-Asia [JAKARTA] Jakarta Stock Exchange president uyra Noerhadl wtd tfaeeTchanga will auction aeataof three brokerage house* —PT Deutsche Morgan GrenfeU Indonesia, FT Schrodsrs Indonesia Mid PT Patriatana Dhanamandtrl. Baaed on existing regulations, the exchange is authorised to sell a teat afa closed brokerage house,
          AFX-Asia  -  64 words
        • Article
          Lock icon Disclosure of shareholders
          65 8 AFX-Asia [KUALA LUMPUR] The Securities Commission <SC) said substantial shareholders of all pubMc-listsd companiaa, whether listed on an exchangr or otherwise, must notify the SCctf the fun particulars concerning their interest by Juns I. Changee to the particulars after the deadline must be submitted within 14 deysofsacfce
          AFX-Asia  -  65 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Shell's Q1 profit slumps 23% to US$2b
        422 9 Bloomberg [LONDON! The Royal Dutch/Shell Group's firstquarter profit fell 23 per cent, less than expected, as currency trading losses declined and a tax benefit in the chemicals unit partly offset a steep drop in oil prices. The world's biggest publicly traded oil company
        Bloomberg  -  422 words
      • Article
        Lock icon Pepsi sues Coke for unfair practices in 'fountain market'
        430 9 Coke, which has two-thirds of market, accused of pressuring suppliers NYT Bloomberg [NEW YORK] In a major escalation of the cola wars, Pepsico Inc sued Coca-Cola Co on Thursday, accusing its archrival of unfairly controlling the beverages served by restaurants and
        NYT; Bloomberg  -  430 words
      • Article, Illustration
        Lock icon US about to launch action against Microsoft: reports
        384 9 Anti-trust move may came before Windows 98 delivery AFP [WASHINGTON] The US Justice Department is on the verge of launching a major anti-trust action against Microsoft, as talks here between company chairman Bill Gates and government officials produced no agreement, press reports
        AFP; FILE PHOTO  -  384 words
      • Article
        Lock icon China PC sales save Intel's Asian results
        449 9 It opens USsl9Bm Shanghai plant, sees fast-growing market AFP [SHANGHAI] Booming personal computer sales in China are helping to offset the effects of a slowdown in the rest of Asia on US chipmaker Intel's results, a company official said yesterday. "It has helped
        AFP  -  449 words
      • Article
        Lock icon HP sees big sales fall in Asia
        206 9 AFX-Asia. [SINGAPORE] HewlettPackard said it has seen a dramatic slowdown in sales in the Asia-Pacific region in the early part of this year because of the effects of the regional currency crisis. Hewlett-Packard's AsiaPacific finance and administration director Peter Sullivan told a seminar
        AFX-Asia.  -  206 words
      • Article
        Lock icon AT&T offers cheap mobile phone service
        291 9 US subscribers pay as little as II US cents a minute NYT [NEW YORK] Flexing its financial, technological and marketing muscle, AT&T on Thursday moved to shake up the wireless telephone industry with a new service that offers calls from almost anywhere in the
        NYT  -  291 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon US futures commission ends Sumitomo probe
        475 10 Settlement for illegal copper trade case may be announced as early as next week Reuters, Bloomberg [WASHINGTON] US market regulators have ended a lengthy investigation of Sumitomo Corp over illegal copper trades and will announce a settlement maybe as early as next week, sources
        Reuters,; Bloomberg  -  475 words
      • Article
        Lock icon US agency plans changes to OTC market
        364 10 But proposals raise doubts among Rabin, Greenspan, Levitt Reuters [WASHINGTON! Federal regulators on Thursday unveiled preliminary plans to change the way the US$2B trillion (5545.5 trillion) US over-the-counter derivatives market is regulated, but the proposal ran into serious trouble almost immediately. Citing huge
        Reuters  -  364 words
      • Article, Illustration
        Lock icon US$ weakens against DM, SFr
        426 10 USS/mark: US$/mark surged to a high of 1.7920 during early trading on Monday from the previous week's close of 1.7820. However, bears soon regained the upper hand, driving the greenback down to a low of 1.7603 by Thursday. While some upside correction is possible in
        Source: DBS Bank  -  426 words
      • Article
        Lock icon Chase pays US$600m for Morgan Stanley custody unit
        272 10 Bloomberg [NEW YORK] Chase Manhattan Corp has agreed to buy Morgan Stanley Dean Witter Co's custody unit to help boost profits in the low-mar-gin business of processing trades and keeping track of investors' holdings. Chase, the biggest US bank, paid about US$6OO
        Bloomberg  -  272 words
      • Article
        Lock icon Euroyen, JGBs up on rate rumour
        187 10 SOKBLReport Reuters [SINGAPORE] Simex Euroyen and Japanese government bond (JGBs) futures rose yesterday fuelled by heightened speculation of a possible rate easing by the Bank of Japan (BOJ). But Japanese Finance Minister Hikaru Matsunaga said that he was unaware of any plans for Japan
        Reuters  -  187 words
      • Article
        Futures rebound after three-day slide
        175 10  -  MSGI TAIWAN FUTURES Cecilia Loh May 7. Cecilia Loh, service dealer, Refco Singapore [SINGAPORE] The Simex MSCI Taiwan's Stock Index futures contract rebounded yesterday after plunging for three straight days, despite a loss of 79.53 points in Taiwan's Weighted Price Index. Discount from cash for
        175 words
      • Article
        Lock icon Oil glut spells big profits for storage firms
        300 10 ENERGY REPORT Reuters [LONDON] European oil storage companies are reaping the fruits of the world's prtroleum surplus, raising tariffs and pulling in new long-term customers. Leading products storage firm Van Ommeren has been able to hike tariffs for its gas oil tanks
        Reuters  -  300 words
      • Article, Illustration
        Untitled
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        378 words
      • Article
        Lock icon CURRENCY REPORT
        286 10 Reuters, AFP THE direction of German and US interest rates will continue to preoccupy markets next week, when data might give further clues to the timing of the next rate moves. Currencies will also be in the spotlight, ahead of the Group of Eight meeting in Birmingham, England
        Reuters,; AFP  -  286 words
    • COMMODITY PRICES
      • Article
        Untitled
        839 11 WW WITH— May s OHKOMwh tkHmm at Ufca) i„ °£l £Z JZl n§ i AM 90 QJ 299 $&n SS <S imfimfi 134.00 wo Ap/Jw 99 07JO 120 jSTii t55 TWO £00 55 MN ISO 2MS AM 9t 7150 1TH SN 7M0 *70 0$5c90 S *fltar99 Afr/JM 99 H00 190
        839 words
      • Article
        Lock icon TOKYO
        1490 11 Bloomberg Qim±d» *sn JAPANESE stocks were little changed after three days of declines as public pension ftind buying shored up the benchmark index before a meeting of finance ministers from the Group of Seven nations. That offset selling on poor earnings forecasts from Sony Corp and Softbank Corp. "Japan
        Bloomberg  -  1,490 words
      • Article
        WORLD STOCK MARKETS
        1793 11 MM Hm» 91 Group SS3.000 -2.000 A* Ports 375.000 **.000 AtMyNotional ntXOOO 32.000 UMD0MC4 *34.000 9.600 Amoc MS.OOO XOOO AMa Group 1*9.400 J. 800 BAT M 5*0.400 *0.400 KMC 32X200 unci) BICC 177.000 -XOOO •OC Group HMN -43.600 •RPotrolMMi 947.400 0.400 •Til *****0 15.400 Bonk o* Scotland
        1,793 words
    • Article, Illustration
      Lock icon HONGKONG
      1425 12 Reuters H Hug Stag *88.46 HONGKONG stocks regained some strength yesterday to close higher as investors covered short positions and started looking for bargains, brokers said. The Hang Seng Index added 88.45 points, or 0.89 per cent, to end at 10,060.38 after hitting a high of 10,095.62. It lost
      Reuters  -  1,425 words
    • Article, Illustration
      Lock icon CHINA
      549 12 Reuters □aMtalUB -L 36 CHINA'S hard currency B shares closed down yesterday as negative sentiment continued to grip the market due to worries over the Asian financial crisis. But domestic currency A shares surged on rumours of an impending cut in stamp duty on stock transactions. Shenzhen's B Share
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  549 words
    • Article
      Lock icon TAIPEI
      296 12 AFP PWFhte -7153 TAIWAN share prices dropped one per cent yesterday on concerns over overseas market weakness amid unrest in Indonesia, dealers said. The Taiwan Stock Exchange Weighted Price Index slipped 79.53 points to 8,210.84, following a 0.4 per cent dip the previous session. "Taiwan cannot spare it- self
      AFP  -  296 words
    • Article
      Lock icon WELLINGTON
      221 12 AFP Pweflmgua *U4 A STRONG rise by timber and pulp and paper company Carter Holt Harvey Ltd pushed New Zealand stocks up 0.4 per cent yesterday. The NZSE-40 Index gained 9.14 points to 2,229.69 on turnover of NZ$lO2 million. CHH gained 11 cents to NZ$2.3O despite reporting a profit
      AFP  -  221 words
    • Article, Illustration
      Lock icon BANGKOK
      779 12 AFP P SET fate -7J3 THAI share prices fell nearly 2 per cent yesterday on fears of further failures in the finance sector, analysts said. "The main thing today was the tremendous rumours about finance companies," said an analyst with Seamico Securities pic. "That has taken the market down."
      AFP  -  779 words
    • Article
      Lock icon SEOUL
      348 12 AFP Dttnpwtolnin -143 SHARE prices yesterday fell 1.8 per cent on the Korea Stock Exchange to close at their lowest level this year on weak sentiment, dealers said. "The market is very weak. There are no boosting measures and worries whether creditor banks will extend loans to Dong Ah
      AFP  -  348 words
    • Article
      Lock icon SYDNEY
      524 12 AFP □ABOrttariw -U AUSTRALIAN share prices closed a shade lower yesterday as a weak resource sector depressed trade. The Australian Stock Exchange's main indicator, the All Ordinaries Index, slipped 0.3 points to 2,780.5. The All Industrials Index gained 8.9 points to 4,793.6, but the All Resources Index slipped 9.4
      AFP  -  524 words
    • Article, Illustration
      Lock icon JAKARTA
      638 12 AFP -2J2 INDONESIAN shares closed slightly lower with political tension keeping nervous investors on the sidelines, dealers said yesterday. The Jakarta Composite Index fell 0.4 per cent, or 2.12 points, at 434.66. Investors were being cautious, dealers added, unwilling to position themselves until after the coming long weekend for
      AFP  -  638 words
    • Article
      Lock icon MANILA
      259 12 AFP Qlub +MJI PHILIPPINE share prices rose 0.9 per cent yesterday due to local investors positioning themselves for a rally after the presidential elections, analysts said. The Philippine Stock Exchange Composite Index rose 19.99 points to 2,209.96. Turnover was 827 million shares worth 1.01 billion pesos compared to 318
      AFP  -  259 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Market down 1.2% in thin trading
        302 13 AFP P Composite Index -C7B MALAYSIA'S key stock Index ended 1.2 per cent lower yesterday in thin trading ahead of the long weekend and dampened by concerns over regional economies, dealers said. The Kuala Lumpur Stock Exchange's 100-share weighted Composite Index fell 6.78 points
        AFP  -  302 words
      • Article
        Untitled
        8083 13 c rr* WN» C— M> WOO Hl> U» M W 310 WO AJtnomoto 230 4 1 230 230 12.7 933 <48 70 Angkaso 715 -13 9 74 7X3 17 10X4 290 123 Apoko Food Htq WO 43 ,M-0 388 WO BarlayaLand 2* 302 298 173 20*5.4 374 819 BaHayaSlngar 102
        8,083 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3366 14 Transaction date May 8 ■ONM, LOAMS i WAM ANTS MM Last Vol 0*v Lilt Ouot• Avg Mfk Lh StM Company M <"0001 HI* LP* —T» —or PrtPP 233 9 m 3000 m AMDS CS3H*****6 13 'J 5 20.5 8 3160 A Acor ******1 US$ 10 10 W 95 U 3164
        3,366 words
      • Article
        Metroplex wrt: good gearing but...
        196 14  -  WARRANT WATCH -By R Sivanithy TODAY, we look at the soon-to-expire warrant issued by Malaysian firm Metroplex. Like the two warrants featured in our last two columns, this one looks like it is going to expire worthless unless the shares can lift off in the
        196 words
    • Article
      CLOB INTERNATIONAL
      2198 14 Transaction date May 8 mmmmmmmmmmssmmmmmmmmmmmmm, Or Of 1996 Last VM Day Laat Oiwta Mr M YM Nat M Cap HK> L— Hwa Campawy Sala fOOO MN> L— «ggr 6a8ar Cw P/l W 135 28 m 5000 AOS 50c 57.5 -15 95 60 57.5 57.5 58 5.0 U U
      2,198 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      5945 15 Transaction date M.iy 8 J Or Or M Wt WW Ci—MT is! roSo) fi*"* t— sJrT °iMdor cw fr3 pt*5 MOUSTMALS 5 43 183 1020 ACE Dynamic sdOc.... 22 *1 337 22 213 215 22 0J -03 273 *.0 25 SM6 ASE NTJ10 200—
      5,945 words
    • Article
      SESDAQ
      1011 15 ft 0r M Wt 1998 LMt V« Day Laat OwM 01* D* YM Nat Cap Aa« >8» ba» 8«W» Cin—y I* COOP) >•» La» 8wyw »a6ar Cw >/I Prtca 134 69 2000 AMHMfiSc 87 *2 22 90 87 86 5 98 42.4 94 243 7* *2049 AS Auto 10c
      1,011 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        HOT STOCK
        62 16  -  by\ Shiv Taneja SEMBAWANG Corp dosed 5 cents lower yesterday at $2.90 on a volume of 1.86 million shares compared with its 10-day traded average of 404,800 shares. The daily and weekly RSI and Stochastics indicate that the stock is heavily oversold. But the medium-term outlook continues to
        62 words
      • Article
        Untitled
        197 16 Easyfcnit HKIOc 13,924.000 ST Emq 10C 6,439,000 HKlMdUSIOc 6,212,000 SingTel 15c 5,239,000 •*HBC«Wt99 5,231,000 •MfCjpitai 3,588,000 •Mundk Ml 3,213.000 SM Foreign 3,196,000 *«MONq Bhd 50c 2,998,000 HH8C»Mrt 2,932,000 SlAForwy 31,112,825 SPH 26,394.435 DBS Foreign 17,290,416 1)08 Foreign 13,968.391 SingTel 15c 13,719,208 0U8 Foreign 13,194,590 0C8C Foreign 11,638,310 HKLwdUSIOc 8,758,900 STEiigglOc
        197 words
      • Article, Illustration
        Lock icon Fear of currency crisis starting all over again
        697 16  -  STOCK MARKET COMMENTARY Investors' main worry is that currencies will crumble again, affecting equities and interest rates By R Sivanithy [SINGAPORE] The local stock market yesterday withstood a fresh round of selling as buyers continued to stay away on concerns over the
        Chart into from Bridge  -  697 words
      • ON THE GRAPEVINE
        • Article
          Of dealers bondage
          130 16 STOCKBROKERS here who thought themselves hardworking should take a look at New York bond trader RBL. To ensure that its dealers are not distracted by anything except bond trading, RBL delivers lunch to their desk, as&ign an assistant to buy Christmas and birthday presents for their spouses
          130 words
        • Article
          Wind, water and the Swire family
          131 16 BY NATIONALITY the Swire family is British. In practice, this venerable Hongkong trading house could be every bit as Chinese as anyone. Recently one of its companies, Haeco or Hong Kong Aircraft Engineering Co, changed its logo to accompany its move to the new
          131 words
        • Article
          E-commerce for students
          185 16 SO SINGAPORE Is to get its students to do less homework and more projects, which presumably Involves writing some term papers. Before it starts this radical change, the education ministry may want to persuade the authorities to block a few Internet websites. One such site, www .a
          185 words
        • Article
          An annual report to impress
          98 16 GERMAN carmaker Audi issued an annual report which should win some kind of award, we think. Between the pages of the 1997 issue are some of the actual materials found in an Audi car, such as a painted metallic strip, a piece of leather upholstery,
          98 words
        • Article
          Two Asians get Citigroup's top jobs
          139 16 TWO Asians are safely ensconced in top jobs in the world's largest financial services group, Citigroup Inc. John Reed and Sanford Weill, the joint chairman and CEO of Citigroup, have announced in New York the new management structure for the merged Citicorp and Travelers
          139 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      288 7 I' DON'T MISS THE 4D/3N YANGON OFFER (Depart* every Wednesday and Sunday) Back by popular demand, you can now visit Yangon 4 days/3 nights at a lower tour package. With Indian Airlines, you will arrive early to experience the mysticism and charm of the land of golden pagodas. Savour the
      288 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      816 9 BUSINESS \o l/Cf'S lo .klm nisi i.ill lull-lm l son. ~41 lss I SING INVESTMENTS FINANCE LIMITED /3IL\ (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING To Al Shareholders NOTICE IS HEREBY GIVEN that the Annuel General Meeting of Sing toveelmonts ft Ftoenoe Umftad wA be held
      816 words
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      Page 9 Advertisements Column 2
      221 9 IN THE MATTBR OF THE COMFANB3 ACT, CAP. 90 AND IN THE MATTES OF GRANDHOFE CONSUMERS PTE LTD (INCORPORATED M SINGAPORE) (IN MEMBERS' VOLUNTARY WINDING UT) Al 1 H«iri mfciij Qmmd Ummm af *e Cammm) hljiHimirtMjg laOSi—i I 900-472 Iwk *****0 c 6 May I9M. dwSpacaißaaoiMwiiwhlu* a— ancuLnoumoNi rr WAS
      221 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      45 15 \M I'd like to place A buyer IL love this car V.' -g. 9L advertisement to the very RS2|i| 5 |B§SSI that I found \rV"" Nsel l my next day. I through J BuviM or selUn£ through —I The Straits Times Classifi is child's play.
      45 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      662 16 BUSINESS X()t i CCS lo ;><luniv Ciill 1011-Ira' ISOO-7-H ISS3 NOTICE IS HEREBY GIVEN that, I Tan Chee Hian of Blk 153 Ang Mo Kio Ave 5 #04-3084 Singapore *****3, have applied for a Beer House, First Class Licence in respect of M/s New Luck Eating House located at Blk
      662 words
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      Page 16 Advertisements Column 2
      695 16 NOTICE IS HEREBY GIVEN that, I Wong Geok Hoi of Blk 702 #01-88 Woodlands Dr 40 Singapore *****2, have applied for a Retail Liquor Shop Licence in respect of M/s Ka Poa Trading located at Blk 702 #01 -88 Woodlands Dr 40 Singapore *****2, and that this application will be
      695 words
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      Page 16 Advertisements Column 3
      433 16 NOTICE IS HEREBY GIVEN that, I Ueki Kiyoshi of Blk 5000N #22-58 Lagoon View Marine Parade Road Singapore *****5, have applied for a Public House, First Class Licence in respect of M/s Yusyokubar Blat located at 112, East Coast Road, #01-28/29. Katong Mall Singapore *****2, and that this application will
      433 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      A pretty respectable showing
      1234 17  -  Has the Singapore Festival of Arts come of age, or does it still have some way to go before gaining international credibility? How does it compare with Hongkong's offerings? susamtsaxo reports SUSAN TSANG THE Singapore Festival of Arts is the next big event on the cultural
      1,234 words
    • STRAWS In The Wind
      • Article
        That extra touch
        70 17 RESTAURANTS, florists and hotels are going all out to capture some badly needed patronage from the Mother's Day celebrations tomorrow, but what extras can they offer to pamper mum? One hotel thinks it has the answer. It advertised an overnight stay in a deluxe room with a
        70 words
      • Article
        Who wrote what?
        59 17 SEEN and heard in a bookshop in Edinburgh: A girl dragged her boyfriend to a display and earnestly told him, "Steven Spielberg didn't write Jurassic Park, this man did." The guy nodded sagely at this bit of information. The display, however, showed pictures of John Grisham and
        59 words
      • Article
        It's a winner anyway
        98 17 AFTER the film festival ended, two friends sat down to compare notes. One asked the other if she had seen a good film called Football Stories. She hadn't, but raved about one called Children of Heaven. After arguing about the merits of their respective favourites, they
        98 words
    • PROFILE
      • Article, Illustration
        Lock icon The man in the eye of Asia's storm
        1762 18  -  Michel Camdessus, managing director of the International Monetary Fund, talks to ▼mtAMSBAiniA VIKRAM KHANNA ONE cannot but be concerned, says IMF managing director Michel Camdessus of the mounting social unrest in Indonesia. "It is quite a worrying situation. And the way the
        ARTHUR LEE  -  1,762 words
      • Article
        Velvet glove, iron fist
        632 18 AFTER how long and how much pain Asia's troubled economies will be able to extricate themselves from their respective crises depends to a huge extent on the actions of a 65-year-old Frenchman. He is Michel Camdessus, managing director of the IMF, the institution that is spearheading
        632 words
      • Article, Illustration
        Lock icon Right mix of grit and gumption
        646 18  -  CiBOL bko talks to Poly Resources GM Norman Lem about his formula for success CAROL ENG TAKE one listed company, two Indonesian partners, one 26-year-old Canadian Chinese advertising executive, mix them together, and what do you get? It may be an unlikely formula but
        CHRISLOH  -  646 words
    • MIND & BODY
      • Article, Illustration
        Lock icon Making sense of scents
        1304 19  -  Is it really possible to smell your way to better health? Aromatherapy, oobdoibebue finds out, is not something to be sniffed at CORINNE KERK Aromatherapy. To some, the word conjures up images of a smoky room with religious fanatics sitting cross-legged and hoping to attain a
        PHOTO BY CHRIS LOH, PRODUCTS COURTESY OP INNER PEACE  -  1,304 words
      • Article, Illustration
        Managing stress with aromatherapy
        823 19  -  Used correctly, essential oils can provide a valuable alternative to pills and steroid creams By' Tan Su Yen INSOMNIA, eczema, gastric, asthma these are all stress-related conditions that can be managed without pills or steroid creams, says Noella Gabrielle, international training manager of UK-based manufacturer of
        823 words
      • Article
        A welcome retreat from the bustle of Raffles Place
        614 19  -  HOLISTIC CENTRE Breathing Space seeks to equip busy executives with the physical tools to cope with modern living By' Tan Su Yen THE pace may be frenetic in Raffles Place but there is room for a thoughtful pause on its gentler
        614 words
    • Article
      Lock icon Taking no chances with the last episode
      524 20 TELEVISION I* what mast be TVs biggest secret, every precaatiea is being taken te enure that ae kef details get leaked eat before the Seinfeld finale airs ia the US m May 14 LAT-WP THE ONE-HOUR Seinfeld finale wrapped up shooting last month
      LAT-WP  -  524 words
    • Article, Illustration
      In the company of kidnappers
      753 20  -  CINEMA Foot Days In September peels away the reietationary manifestos to reveal the hearts and Binds if the players heUni the political drama By\ Susan Tsang WHAT do you do when the government ofyour country uses a brutal secret police and censorship as a matter
      753 words
    • Article, Illustration
      Lock icon Separating the men from the boys
      685 21  -  NIGHTSPOTS That's what some clabbers say will happen as the industry fights its way ont of the economic doldrums By* Chin Jit Fong A SHAKEOUT in the nightspot scene is expected as clubbers are choosing their leisure destinations more in slower economic times. A
      FILE PHOTO  -  685 words
    • Article, Illustration
      WHAT'S ON
      373 21  -  Compiled by M Yasotha MUSIC SSO's Subscription Series On the programme are Webern's Pas sacaglia, Haydn's Cello Concerto in D and Brahms' Symphony No 4 in E minor. Shanghai-born Ni Hai Ye is the guest cellist and Shui Lan conducts. May 15 A 16, 8.15pm at Victoria Concert
      373 words
    • EPICURE
      • Article, Illustration
        Tetsuya s tops Down Under
        1303 22  -  Who's the best chef in Australia? The answer, in some gourmet circles, is Tetsuya Wakuda a name that immediately stirs up acute culinary emotions, jaimb hb manages to talk her way into a meal at his restaurant without making a reservation two months in advance
        1,303 words
      • Article, Illustration
        Lock icon An unexpectedly mild taste of India
        590 22  -  RESTAURANT Beyal Tliali won't appeal to lovers of spicy food, but it does have set meals at just $14.80. That can't be all bad By] Rahita Elias IF YOU're looking for an Indian restaurant for foreign visitors unused to spicy food, Royal Thali is
        PHOTOS BY ARTHUR LEE  -  590 words
      • Article, Illustration
        Take a break, mum
        362 22  -  MOTHER'S DAY Where to wine and dine that special lady tomorrow Tan Su Yen IT'S Mother's Day tomorrow, time to take mum out for a well-deserved treat. And it i doesn't have to be lunch. Brunch seems to be the brave new celebration restaurants and hotels
        362 words
    • Article, Illustration
      CINEMA
      776 23 Amlatad True story of Africans who revolt, then fight for their rights in court. R(A). Central Am Ibtliw WwrwwoH la Parte. Tom Everett Scott meets Julie Delpy but doesn't realise she is howling bad news. Hougang, Yishun, Bishan, Tiong Bahru, Boon Lay, Tampines, Princess. Queensway, Eastpoint, Riverside. Am CM
      776 words
    • Article
      ENQUIRIES AND BOOKINGS
      133 23 CatHy 338-3400 EaSbhore 346-1816 Orchard *****86 Ptdurahouse 338-3400 Yangtze 223-7529 big Wah Empress 777-5867 Jubiiee 454-1640 Mandarin 292-9407 ton* 338-9719 WMesands 585-1782 2dl l i^sc6 B<shan 353-8885 Boon Lay 792-2788 Broadway 454-9394 533-9032 Marina 337-9488 Pavilion 786-5788 Tampmes 8 786-5788 Tiong Bahnj 274-6588 YMlfl 257-7848 P I
      133 words
    • TRAVEL
      • Article, Illustration
        Lock icon Horsing around in Xinjiang
        1147 24  -  The Kazakhs of western China move with the seasons, in search of pasture for their sheep and cattle. It's a tough life, but not necessarily a cheerless [>ne for these hardy herdsmen who work, play and even court on horseback. a»iw catches up with them at
        PHOTOS BY MARK GRAHAM FOR BT  -  1,147 words
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      Page 17 Advertisements Column 1
      4 17 Profile Michel EL 2
      4 words
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      Page 17 Advertisements Column 2
      95 17 Travel Horsing around in Xinjiang EL 8 I (El B|r M I I 1»< and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching
      95 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      46 20 Such a market -for choice jobs, I -fresh e&y day J any job. any Career. Available any Day. any time, anywhere. The Straits times The Sunday Times Business Times the New Paper LIANHE ZaOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU Press Holdings
      46 words
    • Advertisement
      Page 20 Advertisements Column 2
      43 20 I BUY* SELL* FlNft* V'.V. r t I Classified ads put home-seekers on solid ground No matter what it is, you can always buy it, sell it or find it with the Classified. T0 1 I flit 1800-737-1166 Call Today Far Kasalts Tanarrav.
      43 words
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      Page 21 Advertisements Column 1
      353 21 Where to wine, dine and entertain. I jffl or nK>t^ers With a Delicious Lunch/Dinner. NL Make vour Mother feel special i **1 L\this Mother's Day by treating M to lunch or dinner jAr Mother's Day I Buffet Lunch Dinner May 10 All (Sun&Mon) Buffet Lunch Dinner j $14®°+++ per Adult
      353 words
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      Page 21 Advertisements Column 2
      127 21 333 Orchard Road. Singapore *****7. Tel: *****11 ALWAYS lfNrh|^|] So invite Mum tb a of affection with us this Mothers' Day weekend 10-11 MAY 1998 Please call *****88 for your reservations. M JV.3S* mmm c~) mam qpa. ROMA ,A -I° T fit Sunday 10 May 12 pm-2.30 pm lII* (Adult)
      127 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      2131 23 TODAY'S TV F 7* -Jgeafit. <|B_ 9fl 00 Yokies. RBCOMMBMPBP fiawiiw ttrf I UM Klab Klip. JJJ wvtv i* I 130 Denver, The Last DinoChanoinff Young And Wild: Africa's pm SaSr The°S Col- saur. o o Animal BaUm, 3pm, iection England's w J*® Kalai Kathainbam DartnGrS Premier© 12 Tribute to
      2,131 words
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