The Business Times, 20 June 1998

Microfilm: NL21197
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    22 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c s I N G A P 0 R E Internet: http://www.asial.com.sg/biztimes WEEKEND EDITION, JUNE 20-21, 1998
    22 words
  • Article
    MARKET SUMMARY
    65 1 sra 1,122*3 (-10.48) OBT-SBI ***** (-1.67) BTCOMP 96X51 (-9.49) BTKOA *****6 (+2.47) STOCK MilKETlHDiCES Friday Change KLSE COMP 467.61 -421 NIKKEI 15JM7J6 93.5« HANG SENG 8£91J1 +75JM SET INDEX ***** -10.83 JAKARTA OOMP „_42S.« -14.64 MANILA COMP 1.741.71 -86£8 TAIPEI WP! 7,764.43 -1188 SEOUL COMP ***** -1213 CLSA
    65 words
  • Article
    FINANCE
    81 1 FMEXI4RS US* s$ US® 1649 £(IJS$/S$ per 2) 1.673 1759 DM 1.791 0.921 YEN 134.8 1224* RM 192$ 0.420 HKS 7.742 0213 BAHT 4130 0.040 RLP1AH 14.706 0.012* St to 100 units FUME KATES SINGAPORE* 788 KUALA LUMPUR 11.50 JAKARTA 58.00 BANGKOK 14 75 MANILA n.90 HONGKONG 1025 TAIPEI
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  • Article, Illustration
    Lock icon Sing dollar level set by market forces: MAS
    998 1  -  Bat we'll counter unwarranted speculation, officials said in interview By' Vikram Khanna [SINGAPORE] The Monetary Authority of Singapore (MAS) will continue to allow market forces to determine the value of the Singapore dollar, but will intervene to counter unwarranted speculation, MAS officials
    Source: Bloomberg  -  998 words
  • Article
    Tokyo yen buying propels Asian currencies
    471 1  -  By. Larry Wee, Wong Wei Kong [SINGAPORE] Most Asian currencies ended the week at their strongest last evening, as yen demand from Tokyo continued to lead the advances. But the picture was mixed for regional stocks, with high volatility a common feature. Currency traders
    471 words
  • Article, Illustration
    Lock icon Standard bearers
    57 1 [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad raising the partyflag yesterday during the United Malays National Organisation's annual general assembly in Kuala Lumpur. Looking on is Deputy Prime Minister Anwar Ibrahim, who said yesterday he had never given any signal that he would challenge Dr Mahathir for the
    REUTERS  -  57 words
  • Article
    Meeting with EC developers is routine market monitoring: MND
    398 1  -  By'. Diana Oon [SINGAPORE] There was an air of expectancy in the property market over a meeting which Minister for National Development Lim Hng Kiang had with executive condominium (EC) developers on Thursday, what with the slow take-up rate that such
    398 words
  • Article, Illustration
    Lock icon No G-7 currency intervention pledge expected in Tokyo
    601 1  -  Japan may posh Asian fond idea for currency stabilising From Anthony Rowley in Tokyo OTHER than strong language about the need to stabilise the yen-US dollar exchange rate, it is unlikely that any decision on joint intervention will be forthcoming when senior
    REUTERS  -  601 words
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      Page 1 Advertisements Column 1
      138 1 DHPPH Transmarco's foray into telecommunications has proved a disaster. The company has posted a $14.8 million loss and shaved $1 off its NTA backing each share, PgB As Singapore's financial liberalistion progresses, the line between insurance and investment products begins to blur, and a personal financial planning industry will emerge,
      138 words
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      Page 1 Advertisements Column 2
      67 1 Am er(('.Vs Legendary st:[l\k:[ ioi'se (Lvs ArriamvO In 5 i\g a re. Ml >11 111 OF CHICAGO THE LEGEND THE STEAKHOUSE Exci.i si\ ki I si)A Primk Aged Beef Fresh Fish Seafood Private Boardroom Dining Fxcu'i ional Winks* Dinner Served Nightly )/\l\( f Hoi lis M()XI). S|/ !U) i >
      67 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon 600 to lose jobs as Silicon Systems shuts plant
      482 2  -  Texas Instruments to cut workforce from 2,500 to 200 by December By. Annette Pau ABOUT 600 workers of US chipmaker Silicon Systems will lose their jobs as the plant at Kampung Übi is shut down as part of a worldwide corporate
      PHOTOS BY CHRIS LOH  -  482 words
    • Article, Illustration
      UOB's head of retail banking may not quit
      393 2  -  Bank's chairman persuaded her to stay: Net report Clarissa Tan IN WHAT could be a surprising volte-face, United Overseas Bank's head of retail banking, Sim Puay Suang, may not be leaving the bank after all. Ms Sim whom BT reported on Wednesday
      393 words
    • Article
      Tsang & Ong retrenches research head, support staff
      208 2  - Tsang Ong retrenches research head, support staff By' Wong Wei Kong LOCAL stockbroker Tsang Ong has retrenched its head of research and several other staff to cut costs amid bearish market conditions. Research head Lilian Sim, an industry veteran, left the company last week. One other analyst and about half
      208 words
    • Article
      URA said to have offered golden handshakes to 24
      471 2  -  By< Carol Eng THE Urban Redevelopment Authority (URA) is understood to have offered "golden handshakes" to 24 of its staff, something rarely done by a statutory board. Sources told BT yesterday that the optional scheme was carried out late last year,
      471 words
    • Article
      Retail sales down just 1% in April on strong motor sales
      240 2 RETAIL sales fell about one per cent in April compared to the same month a year ago. Though it was the eighth successive monthly fall, the April performance was actually an improvement over the preceding months in March, the
      240 words
    • Article, Illustration
      Digital buyout: Compaq's Asia-Pac chief to be MD
      219 2 FOLLOWING Compaq Computer's successful US$9 billion (5514.8 billion) acquisition of Digital Equipment Corp, Compaq's Asia-Pacific chief Paul Chan has been confirmed as the Asia-Pacific vice-president and managing director of the combined company. The company announced this in a statement yesterday, but no
      219 words
    • NEWSRoundup
      • Article
        George Yeo opens Great Sale
        47 2 SECOND Minister for Trade and Industry George Yeo officially opened the Great Singapore Sale yesterday evening at Ngee Ann City. Mr Yeo is also Minister for Information and the Arts. This is the fifth Great Sale organised by the Singapore Retailers' Association.
        47 words
      • Article
        Sending CPF contributions online
        65 2 THE Central Provident Fund has introduced a new service enabling employers to send their CPF contribution details online. The free and convenient service is termed CPF PAL-Internet (Employer Returns) Service and can be found at http://www.cpf.gov.sg. To use the system, employers must apply for a Netrust
        65 words
      • Article
        SingTel Magix offers Reuters news
        59 2 REUTERS' financial news programmes, including coverage of key economic indicators, live speeches and exclusive interviews, are now available on Sing Tel Magix. The programmes will take 40 minutes between receipt and transmission and are updated Ave times a day. Reuters is the fourth news provider
        59 words
  • Page 2 Advertisements
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      328 2 CKVFTIC CROSSWORD 14 Conceal nothing pull a glum face about it (10) PS I .1 II I I I I 18 Those not in the minority H—LhJ—^^ choose to speak out 27 The routed side, alas, gets upon (8) 8 I'd go back and point to YESTERDAY'S SOLUTION DOWN bloomerr
      328 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL`SEYE
      • Article, Illustration
        BT Sentiment Index
        615 3 Those polled for their views on the Singapore stock market outlook for next week were: Daiwa, DBS, Deutsche Morgan Grenfell, Fraser, Kay Hian, Indosuez WI Carr. Fm ior A Ne&ve ♦(Upgrade to hold) Indosuez WI Carr, June 18, $4.52 F&N reported a set of disappointing interim results,
        615 words
      • Article, Illustration
        In my opinion
        427 3  -  Catherine Somhegyl, Nicholas Applegate Chief investment officer Nicholas Applegate Capital Management 44TTT ITH the turmoil 1/1/ in the Asian marf T kets, investors are seeking safe havens for investing. The United States seems like an obvious choice, but with the markets at all-time highs and with the
        427 words
    • Article, Illustration
      Lock icon Financial planners wanted
      623 3  -  Insurance-investment bundles and more financial planning agents these are the trends in personal finance Reports Shiv Taneja [SINGAPORE] AS the personal financial services industry in Singapore continues to be liberalised, two major trends that will emerge are the blurring of lines between insurance and investment products, and
      CHRIS LOH  -  623 words
    • Article
      Not for everybody, or just the rich either
      423 3 DOES every individual need a financial plan? Surprisingly, the answer is no, according to Joseph Peters, chief executive officer of French insurer Axa Life. Not everyone has an estate, not everyone has the desire to build up a huge financial plan for
      423 words
    • Article, Illustration
      Lock icon Don't write off Asia yet— recovery will come in time
      684 3  - Don't write off Asia yet recovery will come in time Much of what made the region dynamic is still in place By] David Bain The writer is economist for Asian research with Schroder Investment Management, Singapore [SINGAPORE] The Asian economic miracle is dead RIP. So what can we look forward
      FILE PHOTO  -  684 words
    • Article
      CPF unit trusts: transaction fees stand in the way
      854 3  -  Transaction costs make '$50 a month' regular savings plans unviable By I Shiv Taneja [SINGAPORE] Monthly contributions in regular savings plans for cash unit trusts have fallen to as little as $50 per month but for Central Provident Fund-approved unit trusts
      854 words
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  • MARKETS IN TURMOIL
    • Article
      UK, US fund managers still wary about Asian stocks
      758 4  -  Surge attributed to 'short covering rally'; all eyes on 6-7 meet this weekend From. Neil Behrmann, Andrew Marks in New York BRITISH and American fund managers and analysts are not swayed by the early market optimism following the joint intervention by
      758 words
    • Article
      Lock icon Yen seen to hit 150 against US$
      236 4 AFP [HONGKONG] The successful joint intervention by Japan and the US will not prevent the yen falling through 150 against the dollar by the end of the year, a leading regional strategist said here yesterday. Nitin Parekh of Credit Suisse First Boston said
      AFP  -  236 words
    • Article
      Lock icon China banks critically weak: Moody's report
      375 4 Financial crisis at 4 state-owned banks set to deepen, it says Bloomberg [BEIJING] China's banking system remains "critically weak" with the financial crisis at the big four state-owned banks set to deepen as more nimble commercial rivals lure away their customers, Moody's Investor Services
      Bloomberg  -  375 words
    • Article, Illustration
      Lock icon A yen for fine wines in HK
      72 4 [HONGKONG] Ducan Mceuen, director of Christie's London wine department, taking bids at Christie's Hongkong inaugural sale of Fine and Rare Wines on Thursday during the V&Sde Vinexpo, the first international wine and spirits exhibition for the Asia-Pacific. Joint US-Japan action to support the
      AFP  -  72 words
    • Article
      Jakarta exploring all avenues in debt crisis
      524 4  -  Debt moratorium might well be one of the options: minister Froml Shoeb Kagda in Jakarta INDONESIA is looking at all options in trying to resolve its sovereign debt problem and has asked the International Monetary Fund and other international financial institutions for help,
      524 words
    • Article
      Lock icon New Thai debt revamp body mooted
      321 4 Private sector suggests solution for Thai liquidity crunch AFP Reuters [BANGKOK] Thailand's Prime Minister Chuan Leekpai yesterday said leading Thai businessmen and bankers had proposed that the government set up an independent debt restructuring body to solve the country's liquidity problems. The proposal was
      AFP; Reuters  -  321 words
    • Article
      Lock icon Seoul vows to close non-viable banks
      320 4 Reuters [SEOUL] South Korea will enforce a "zero-tolerance" policy on ailing banks, closing those whose recovery plans are found to be unsatisfactory, Finance Minister Lee Kyu Sung said yesterday. "Let me point out that good apples will not be mixed with the bad," Mr
      Reuters  -  320 words
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  • THE REGION
    • Article, Illustration
      Lock icon I've never said that I'll challenge Dr M: Anwar
      748 5  -  UMNO GENERAL ASSEMBLY But analysts note statement does not discount a challenge at next year's polls From Eddie Toh, Ruth Wong in Kuala Lumpur IN WHAT analysts said was a carefully chosen form of words, Deputy Prime Minister Anwar Ibrahim yesterday
      AFP  -  748 words
    • Article
      Lock icon Bombay stocks hit 18-month low amid sanctions of US$2.5b
      402 5 BOMBAY Bloomberg INDIA'S key stock index yesterday plunged to an 18month low, led by Larsen Toiibro Ltd, after the US said it would block about US$2.5 billion (Ss4.l billion) a year in loans to India to punish it for testing nuclear
      Bloomberg  -  402 words
    • Article, Illustration
      Lock icon Airing their grievances
      61 5 [JAKARTA] Indonesian stewardessesfrom private Mandala Airlines on.Thursday protesting at the company's headquarters in Jakarta. The stewardesses were demanding total reform, including a stop to staff dismissals, in the company which is suffering from the country's worst currency crisis in decades. Indonesia's airlines are threatened by closures as
      REUTERS  -  61 words
    • Article
      Lock icon KL's forex reserves down 3%
      142 5 mKUALA LUMPUR Bloomberg AFP MALAYSIA'S central bank said the country's foreign exchange reserves fell 3 per cent to US$l9.9 billion (5532.8 bil lion) as of June 15. That compares with U5520.41 billion at the end of May. The central bank, Hank Negara Malaysia, releases reserve
      Bloomberg; AFP  -  142 words
    • Article, Illustration
      Habibie's new adviser may strain Indonesia-US ties
      462 5 WASHINGTON Lt-Gen Sintong was involved in the 1991 E Timor killings INDONESIA'S new president, B J Habibie, has appointed as a senior military adviser a retired army general who was'ordered by a US court to pay millions of dollars in damages for his
      462 words
    • Article
      Lock icon Jakarta scraps minimum capital rule
      373 5 JAKARTA Requirement will now apply only to new banks Bloomberg AFP INDONESIA has scrapped a minimum capital requirement of 250 billion rupiah (5528.8 million) for banks introduced in April, Finance Minister Bambang Subianto said yesterday. Mr Bambang said the requirement will now only apply to
      Bloomberg; AFP  -  373 words
    • Article
      Thailand's Bank of Ayudhya raises 5b baht via share issue
      589 5  -  From Hariah Mehta in Bangkok THAILAND'S fifth-largest commercial bank, Bank of Ayudhya, yesterday said it successfully raised five billion baht (Ssl99 million) through a share issue, as part of an ambitious plan to raise 15 billion baht so as to
      589 words
    • Article
      Plans for EU-Asean meet dashed over Myanmar status
      442 5  -  EUrefusing Yangon's 'full observer'demand From Shada Islam in Brussels DIFFERENCES over Myanmar have once again scuppered plans for a meeting between European Union and Asean senior officials in Bangkok on Monday. EU diplomats and officials involved in preparations for the talks say
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  • REGION/WORLD
    • Article, Illustration
      Lock icon Asia crisis keeps US inflation at bay: Rivlin
      537 6 NEW YORK Regional turmoil has dampened global demand, Fed vice-chairman says Bloomberg US INFLATION is under control, and that's largely because the Asian crisis has dampened global demand, Federal Reserve vice-chair-man Alice Rivlin said. If it weren't for Asia's troubles, "we would
      Bloomberg  -  537 words
    • Article
      Lock icon Strong world economy seen in 1998,1999
      376 6 FRANKFURT European institutes say Asian crisis won't floor Europe Reuters FIVE of Europe's top economic institutes yesterday published a report forecasting robust world economic activity in 1998 and 1999 and said there would be little impact on Europe from the crisis hitting Asia. The
      Reuters  -  376 words
    • Article
      Lock icon US rethinking US$650om China satellite deal: paper
      304 6 WASHINGTON AFP Reuters THE White House is reconsidering a US$65O million (Ssl.l billion) satellite deal with China that it approved in 1996 because it might provide the Chinese military with enhanced communications, the New York Times said on Thursday. The Pentagon and State
      AFP; Reuters  -  304 words
    • Article
      Lock icon China-US nuclear talks stymied
      285 6 WASHINGTON AFP THE US will not sign a "no-first-use" pledge on nuclear weapons with China, a White House official said on Thursday. Washington wants to pursue talks on nuclear detargeting with Beijing, but a promise not to be the first to use nuclear weapons "is contrary
      AFP  -  285 words
    • Article, Illustration
      Lock icon Monkey around if the heat gets to you
      41 6 [MIAMI] A young chimpanzee putting a smile on another as the two relax on Thursday during a hot afternoon at Miami's Metro Zoo. Temperatures at the zoo reached the upper 30s Celsius. REUTERS
      REUTERS  -  41 words
    • Article
      Lock icon More provisions may be needed for bad loans to Asia
      425 6 PARIS European banks account for half of the USs3Blb owed AFP WITH the Asian financial crisis still far from over, European banks fear the provisions they have already made against bad loans in the region could prove inadequate and that
      AFP  -  425 words
    • Article
      Lock icon US Senate may amend financial services bill
      303 6 Washington Aim to let Fed, Treasury share bank regulatory power Bloomberg US SENATE Banking Committee chairman Alfonse D'Amato may revise the House-passed financial services bill so that the Federal Reserve and the Treasury Department, now split on the measure, would better share power
      Bloomberg  -  303 words
    • Article, Illustration
      Lock icon Aussie politicians pressure Howard to denounce Hanson
      373 6 SYDNEY Reuters AFP POLITICIANS joined ethnic and religious leaders yesterday in urging Australian Prime Minister John Howard to repudiate racism and antiimmigration figure Pauline Hanson. Leading backbencher Tony Abbott broke ranks from his Liberal Party leader by writing a commentary in The Australian
      Reuters; AFP  -  373 words
    • Article
      What N-tests cost India and Pakistan
      310 6 WASHINGTON THE decision by India and Pakistan to test nuclear devices last month will cost the two countries about US$4 billion (556.6 billion) annually in basic non-humanitarian financial aid from international lenders like the International Monetary Fund and the World Bank, US officials said.
      310 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      52 6 DOOMESBPRY By Garry Trudeau rrs no louseß H/P7D de /F YOU ASK/HE, JF7HSRES ANYTHING OUR. SOME MH/NYOOOMSR MHO s£lNf=eil? BCU&? G6NeRAT)ON SHOULPHAUZ NEVER MANA&S TO GeTH/S ,/u 'nwenc" OUT /N THE N/CK lEARNEP, ITS 7HATM/PPLE UFE TOGETHER! IN FACT, ITS e IS SUCH OFT/ME... j AGEANPAPOLESCENCEPON'T JUSTPLAIN fWHPT/CfRWT? 1 j
      52 words
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  • SPORTS
    • Article, Illustration
      Lock icon Nigeria moves to 2nd round
      539 7 Super Eagles beat Bulgaria 1-0 to soar into the next round of the World Cup Reuters African Footballer of the Year Victor Ikpeba scored his first international goal as Nigeria's Super Eagles beat Bulgaria 1-0 yesterday to soar into the second round of the World
      Reuters; REUTERS  -  539 words
    • Article, Illustration
      Staying alive
      315 7  -  By Shahiron Sahari I World Cup viewing guide Tha onM to watch Japan vs Croatia (Grp H, Bpm) Holland vs S Korea (Grp E, 2.30 am, Sun) Germany vs Yugoslavia (Grp F, Bpm, Sun) USA vs Iran (Grp F, 2.30 am, Mori) After Saudi Arabia's elimination on Thursday,
      315 words
    • Article
      Learning about the wide whacky world from football
      674 7  -  Spotted: hair control in a team and bored VIPs in the crowd By l Chris Matyszczcyk The writer is a creative director based in Warsaw [WARSAW) One of the great pleasures of watching a World Cup is the opportunity to see what
      674 words
    • Article, Illustration
      Lock icon Politics takes back seat in US v Iran
      695 7 The Washington Post [FRANCE] Some US and Iranian soccer players have conflicting opinions about a movie shown on French television last week, and they vigorously disagree over who will win the World Cup match tomorrow in Lyon between the longtime political foes.
      The Washington Post  -  695 words
    • Article, Illustration
      Lock icon Stewart beats the cold and the rough to lead with first round 66
      991 7 US OPEN The Olympic rough claims its fair share of victims on day one LATWP [SAN FRANCISCO] Thursday afternoon at the Olympic Club, just about the time it started to get way colder than the guy who
      LATWP; REUTERS  -  991 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Preparation to list Raffles Holdings on despite market
      486 8  -  DBS Land in sh&res-for-st&ke talks with Raffles City shareholders Byi Conrad Raj [SINGAPORE] DESPITE the current market conditions, DBS Land is still proceeding with the groundwork to list its wholly-owned subsidiary, Raffles Holdings (1995) (RH9S). A DBS Land spokesman said yesterday that
      FILE PHOTO  -  486 words
    • Article
      Telecom foray deepens Transmarco's loss to $14.8m
      450 8  -  Company warns that Lanka Bell won't be profitable until 2002 te/: Louis Beckerling [SINGAPORE] Transmarco's disastrous foray into the telecommunications business has left the company deeper in the red, to the tune of $14.8 million for the year ended March 31. And the
      450 words
    • Article
      Still room for retail investors in S'pore's evolving market
      694 8  -  HOCK LOCK SIEW Wong Wei Kong AS SINGAPORE'S securities industry prepares for major changes, retail investors cannot help but wonder what their place in the market will be. The focus of recent new policies has mainly been on institutional players. Evidently,
      694 words
    • Article
      Creative launches new version of Chinese software program
      247 8  -  By, Jennifer Lien [SINGAPORE] Creative Technology yesterday launched the latest version of its Chinese software program, HansVision Future 2000, which it hopes will set a de facto standard in China and other Asian countries. The multimedia company has also tied up with
      247 words
    • Article
      QAF must raise over $60m to redeem loan stock
      410 8  -  Company will have to move fast as deadline's in Nov By] Edmund Loh [SINGAPORE] Liem Sioe Liong's QAF Ltd will have to raise over $60 million in the next five months to pay off a five-year loan stock due for redemption
      410 words
    • COMPANIES
      • Article
        CM Telecom net profit slips 8% to HK$80m
        351 9  -  But it sees satisfactory growth in HE paging base By 1 Teh Hooi Ling [SINGAPORE] Hongkongbased telecommunications group CM Telecom International Ltd yesterday reported an 8 per cent drop in group net profit to HK580.22 million (5517.1 million) for the year ended
        351 words
      • Article
        Lock icon Salim mulls injecting Indofood into HK unit First Pacific
        316 9 Reuters [HONGKONG] Indonesia's Salim family is looking at the possibility of injecting PT Indofood Sukses Makmur into its Hongkong company, after a failed bid to sell its stake in the Indonesian noodle company to .Singapore's QAF Ltd. First Pacific Co said
        Reuters  -  316 words
      • Article
        Lock icon Genting expects stable profit in '98
        329 9 AFP [KUALA LUMPUR] Malaysian business group Genting Bhd expects 1998 earnings to be maintained at last year's levels, despite an economic downturn, a senior company official said yesterday. Genting's joint managing director Lim Kok Thay said however that the assessment was subject to "unforeseen
        AFP  -  329 words
      • COMPANYBriefs
        • Article
          ATD unit sells stakes for US$5m cash
          121 9 [SINGAPORE] Alliance Technology and Development Ltd yesterday announced that its wholly-owned subsidiary, Igel Visioncare Pte Ltd, had sold its stakes in a British company, Igel International, and Capricornia (Singapore) to Ultravision Inc for US$5 million (518.2 million) in cash. An ATD statement said
          121 words
        • Article
          Lock icon MAS, KLM in code share pact
          70 9 Bernama [KUALA LUMPUR] Malaysia Airlines System Bhd (MAS) yesterday concluded a code share agreement with the KLM Royal Dutch Airlines (KLM), said MAS executive vice-president Bashir Ahmad. The pact for services between Kuala Lumpur and Amsterdam is effective from July 1. The shared services
          Bernama  -  70 words
        • Article
          Lock icon China Everbright's earnings hope
          81 9 AFX-Asia [HONGKONG] China Everbright International Ltd expects infrastructure to become the major earnings contributor this year, general manager Philip Fan said. Speaking to reporters after the company's AGM, Mr Fan said the company's gearing will be under 50 per cent after financing for its participation in
          AFX-Asia  -  81 words
      • Article, Illustration
        Lock icon I named one businessman, not several, to help police probe: Soh Chee Wen
        469 9 He denies that he threatened to expose bankers, brokers or politicians Bernama [KUALA LUMPUR] Prominent businessman Soh Chee Wen denied that he had named several Malaysian businessmen involved in deals with Omega Securities in a police report,
        Bernama; FILE PHOTO  -  469 words
      • Article
        Lock icon Landmarks to hive off RM100m assets
        374 9 Firm will downsize hotel business in bid to report profits for this year, MD says Bernama [PETALING JAYA] Landmarks Bhd is planning to hive off assets worth 100 million Malaysian ringgit (5541.9 million) in order to report profits for 1998, its managing director, Mohamed
        Bernama  -  374 words
      • Article
        Lock icon Malaysian stock markers golden boy under siege
        666 9 Bloomberg [KUALA LUMPUR] Twelve short months ago, Malaysian politician-businessman Soh Chee Wen seemed untouchable. He led a branch of Malaysia's second-largest political party, and counted the party president's eldest son as his closest business partner. His corporate empire, including shipbuilding, power and stock
        Bloomberg  -  666 words
      • Article
        IPC gains 1 cent to 7 cents on heavy volume
        462 9  -  By, Annette Pau [SINGAPORE] Shares of IPC Corp yesterday rose one cent or 17 per cent to seven cents after its trading suspension was lifted, while other electronics stocks were largely ignored by investors. The mainboard stock in the news
        462 words
      • Article
        Wah Shing sees HK$27m paper loss
        204 9 [SINGAPORE] Hongkongbased toy maker Wah Shing International has racked up a paper loss of about HK$27 million (555.7 million) in quoted securities. Singapore-listed Wah Shing said yesterday that it had raised its investment in quoted securities to HK5104.2 million after its subsidiaries made net
        204 words
      • Article
        Lock icon Philippine Airlines to restructure debt revamp operations
        253 9 MANILA Reuters CREDITOR banks of the financially troubled Philippine Airlines (PAL) have agreed to reschedule its debts, a joint statement by the creditors and PAL said yesterday. PAL's short and long term debts total just over 20 billion pesos (SsBlo million). The statement
        Reuters  -  253 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon LTCB, Nippon Credit deny report of merger
        491 10 Japan news agency reports that government plan underway to rescue ailing LTCB Reuters [TOKYO] A Japanese news agency report of a possible merger between two ailing credit banks Long-Term Credit Bank of Japan Ltd (LTCB) and Nippon Credit Bank (NCB) sent markets into
        Reuters  -  491 words
      • Article
        Lock icon Interest in hedge funds spreading beyond the rich few
        484 10 Insurers, pension fnnds pouring money into these pools Reuters [LONDON] Hedge funds are no longer reserved for the wealthy elite. More institutional investors, particularly pension funds and insurers that are normally seen as conservative investors, are pouring money into hedge funds.
        Reuters  -  484 words
      • Article, Illustration
        Lock icon US dollar on murky ground
        437 10 USS/mark: US$/mark rallied to a high of 1.8164 on Monday before taking a dive to touch a low of 1.7810 by Thursday. It then recovered to trade around 1.7930 on Friday morning. The technical picture is not clear at the moment for USS/mark. Resistance levels
        Source: CBS Bar  -  437 words
      • Article
        Tailored policies from John Hancock
        129 10 [SINGAPORE] John Hancock Life Assurance has launched a new range of products, known as the Signature series, to meet the personal needs of policyholders. "The Signature series portfolio can be tailored to meet individual needs by giving customers the ability to combine any of a
        129 words
      • Article
        Lock icon Euroyen firm on short-covering
        276 10 mmnii Report Reuters [SINGAPORE] Simex Euroyen futures rose yesterday on pre-weekend short-covering and as talk of lower rates in Japan did the rounds in the market. Dealers said the mention of lower Japanese rates was only very vague but it was enough to give the market
        Reuters  -  276 words
      • Article
        Futures slump on profit-taking
        162 10  -  MSa TAIWAN FUTURES Cecilia Loh [SINGAPORE] The Simex MSCI Taiwan Index futures plunged 3.20 points after a session of profit-taking. The Weighted Price Index edged down 13.88 points as investors were concerned that the move to support the yen would not be substantial enough to resolve
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      • Article
        Lock icon Oil prices up but gains look fragile
        216 10 ENERGY REPORT Reuters [LONDON) World oil prices advanced yesterday but the gains lacked conviction amid market caution ahead of a key Opec meeting next week. Benchmark Brent crude was valued at U5513.02 a barrel at 11.42 GMT, up 24 cents but still a
        Reuters  -  216 words
      • Article
        Lock icon CURRENCY REPORT
        275 10 AFX-Asia AFP London THE dollar was weaker against the yen in afternoon trade, in anticipation of new measures from Japan at the G-7 meeting this weekend to tackle its economic problems, dealers said. They said there is growing confidence that Japan will unveil a host of measures this
        AFX-Asia; AFP  -  275 words
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        Untitled
        1181 10 DITERBAMECE08S RATES Ftr Oa m.mttbrnto Yw Wo H MZ>P»fcK« fm S$ UX Sir WT$ l«Hw< USS OJlj 1703 1105 4J75 ******.808 0.811 1594 22* 1.174 ***** 25.825 lOfT MOO 0.93 2t024 25.472 0269 0.617 SE? »2f nm SK 2 SS 122 $2 $2 £22 0.918 9.494 2.674 *****0.256 27.643 1123
        1,181 words
    • Article
      COMMODITY PRICES
      1719 11 SICOM FUTURES jZTy RUBBER (Mum ctosmq ts at 5.30pn) RSS1 CONTRACTS cMtsAq) Close Volume Open High Low Stt (tows) Interest M98 116.25 550 A«9 n7 75 S«p96 119.00 119.00 119.00 50 600 Oct/Dec 98 123.00 4650 J*«/M«r99 127.75 127.00 128.00 450 1500 Apr/Jun99 132.25 1800 RSS 3 CONTRACT
      1,719 words
    • Article
      WORLD STOCK MARKETS
      2291 11 LONDON Industrials Nki 31 Group 659.000 -5.400 AB Ports 338.000 -2.000 Abbey National 1029.860 1.360 Allied Oomecg 576.000 -4.000 Am« 201.000 -5.600 Asda Croup 195.000 2.600 bat Ind 573.400 -3.600 BC P»c 332.000 6.000 B(CC 141.000 -4.000 BOC Croup 838.000 -20.000 BR Petroleum 834.000 -25.000 BTR 173.400
      2,291 words
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      Lock icon TOKYO
      1653 11 Bloomberg P Nikkei 225 -9X56 JAPANESE stocks fell as traders bet the reported merger of Long-Term Credit Bank of Japan Ltd and Nippon Credit Bank Ltd won't inspire confidence in Japan's ailing financial system. The two banks and Finance Minister Hikaru Matsunaga denied the Kyodo News report. "The sceptics
      Bloomberg  -  1,653 words
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      Lock icon JAKARTA
      700 12 AFP POipMHteMg -14J4 SHARES dipped 3.4 per cent yesterday with profit-taking in state-run cement manufacturer PT Semen Gresik and other blue-chip stocks, dealers said. "With the rupiah strengthening slightly, investors are letting go of those blue-chip stocks like Telkom and Indosat," a dealer with a regional brokerage said. The
      AFP  -  700 words
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      Lock icon HONGKONG
      1489 12 Reuters PHangScag +75J4 STOCKS wiped out earlier losses in a late comeback to close higher yesterday as the Japanese yen gained additional strength, brokers said. The Hang Seng Index added 75.94 points to end at 8,591.91 after hitting a low of 8,350.45. "People are getting a little bit more
      Reuters  -  1,489 words
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      Lock icon CHINA
      577 12 Reuters AFXAsia 11 Shenzhen B Index ♦LOO SHENZHEN'S hard currency B Share Index closed higher in listless trade yesterday, riding on the momentum of recent gains on the neighbouring Hongkong stock market, analysts said. The B Share Index rose one point, to 84.75 on turnover of HK$ll million, barely
      Reuters; AFXAsia; Source: Credit Lyonnsis Securities(Asia) Ltd  -  577 words
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      Lock icon TAIPEI
      343 12 AFP DWPMg -1338 TAIWAN share prices dipped 0.2 per cent lower yesterday as investors locked in profits after four straight days of gains, dealers said. The Weighted Price Index slid 13.88 points to 7,754.43, following a 4 per cent rise in the previous session. "Profit-taking was heavy after a
      AFP  -  343 words
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      Lock icon WELLINGTON
      229 12 AFP QWeOingtin -6174 THE New Zealand Stock Exchange closed yesterday down 2.8 per cent as Telecom Corp fell sharply. On turnover of NZ5176.2 million the NZSE-40 Index lost 56.74 points to 1,975.20 with Telecom Corp losing 45 cents to close at NZ$7.BO. All Fletcher Challenge Ltd stocks were weaker.
      AFP  -  229 words
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      Lock icon BANGKOK
      706 12 AFP Q SET Index -10^3 THAI shares closed off their lows down 3.7 per cent yesterday amid profit-taking, eliminating some of the gains of previous sessions as investors turned their focus back to the poor state of the domestic economy, analysts said. "The market dropped on profit-taking by short-term
      AFP  -  706 words
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      Lock icon SEOUL
      401 12 AFP QCmpasteladex -1123 SOUTH Korea's turbulent share market ended yesterday 3.8 per cent weaker as investors took profits following two days of major gains, dealers said. A Cho Hung Securities dealer said foreign investors were the main sellers. The fall followed a 15.5 per cent surge over the past
      AFP  -  401 words
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      Lock icon SYDNEY
      571 12 AFP QAflOiiMriM -15.4 SHARE prices slipped 0.7 per cent yesterday as profit-tak-ers moved in after strong gains on Thursday on the back of US-Japan currency intervention. The All Ordinaries Index fell 19.4 points to 2,588.8. The All Industrials Index lost 20.6 points to 4,523.2 while the All Resources sector
      AFP  -  571 words
    • Article
      Lock icon MANILA
      291 12 AFP n Manila -8&88 PHILIPPINE shares closed 4.8 per cent lower yesterday as profit-taking hit the market, analysts said. The Philippine Stock Exchange Composite Index fell 86.88 points to close at 1,741.71 points. Volume fell to 385 million shares worth 830.4 million pesos. Ayala Corp fell 75 centavos to
      AFP  -  291 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8259 13 INDUSTRIALS Consumer products 1998 List Vol Day N«t Cap High Law Company Ml 'OOP High Low P/t Smll 310 180 A|inomoto 220 12 1 89 2 'f 8 "-5 Angkase 63 -0.5 10 65 63 1.5 92.9 290 123 Apollo Food Hlg 14) 41 56 4 3 88 J 9
        8,259 words
      • Article, Illustration
        Investors square positions alter gains
        432 13 CI Composite Index -421 MALAYSIA'S key stock index ended lower yesterday due to profit-taking as investors took advantage of recent gains to square positions, dealers said. "Obviously after the sharp rise yesterday, investors would tend to take some profits," one dealer at a local brokerage
        432 words
    • WARRANTS&OPTIONS
      • Article
        Parkway warrant may have some juice left ahead of Oct expiry
        174 14  -  WARRANT WATCH Louis Beckerling THE Parkway warrant topped the gainers' list yesterday, adding 13.5 cents to 65.5 cents on volume of 909,000. The warrant closed at 29 cents on Wednesday. The rise came on the back of an 18cent
        174 words
      • Article
        Untitled
        3399 14 BONOS, LOANS i WARRANTS High Low Stno Company Sal* ♦•f COO*?! Ml<jh V Low Buyor' Prlca 23.5 9 m 3000 m AMOB c5.5%*****6 10 ,0 13 20.5 5 3)60 "Aeor ******1 US$ 5 5 7.5 8.5 3*64 Ac mo W*****4 11.5 unch 20 11.5 11 10 11.5 11 3161 AIIToch
        3,399 words
    • Article
      CLOB INTERNATIONAL
      2326 14 Transaction date Jun 19 MALAYSIAN STOCKS Qf ULO,' 9 6 J** JM Day LMt Quota Dtv Dtv YM Nat M Cap Mt» L—r Stno Campany SaM COOP) High Law Buyer S«»«f H Or P/C $n>w *35 28 m 5000 AISB 50e 51 unch 56 52 49 50 52
      2,326 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      5884 15 Transaction date: Jiui 19 Or Or M Wt L** VH Day Lm« Oust* 0«v Dtv YM Nat Cam Avg L w S,H Company »«H COOP) Htgfc law 8uyar *a«ar Or PfZ $iwS Prtca INDUSTRIALS 43 (4 1020 ACE Dynamtcs60c... 16.5 15 16 0.1 16.5
      5,884 words
    • Article
      SESDAQ
      1175 15 Lmt ya| Bay LAatOuata DW Dtv n« Hat cZ A*« J?5» mm H—U| Wt rooo> >—i t— —rm Mv r» »/i m mc. 134 7*3 .2000 A8RHtdg.Sc 80 TM U 3*0 89 243 *5 2049 AS Auto 10c 76 *13 579 74.5 71 75.5 7* 15.0W 6.8 2.0 63
      1,175 words
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      107 8 In adversity there is opportunity -for the mterprising 1998 Enterprise 50 nominations are now open Companies can nominate themselves by completing the official nomination form. Companies must be home-grown, privately-owned and incorporated under Singapore's Companies Act (1994 Revised Edition) with four years of audited statements. Nomination forms are available at:
      107 words
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      Page 8 Advertisements Column 2
      9 8 Saltan mulls injecting Indofood into First Pacific, Pg 9
      9 words
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      29 14 bouquet of flowers rriiss. V girlfrie d >Wi~l f MtS Y^T^Sl Buying or selling throuah The Straits Times Classified is child's Play. s Call CAT.S. at 1800*737" 1166. 1
      29 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article
      Untitled
      222 16 Stocks v»| U aM OBS Land 20,985,000 Wing Tai 25c 8,235,000 Easyknit HKIOc 7,100,000 IPC Corpn 5c 6,735,000 •Magnum Cofp50c 5,480,000 *M Resources 5,325,000 SingTel 15c 5,202,000 •Rekapacific Bh 5,096,000 SPH 4,665,000 UOfl Foreign 3,902,000 Stocks SPH 59,750,922 DBS Foreign 33,742,012 OBS Land 31,224,265 SIA Foreign 27,369,530 UOB Foreign 22,197,088
      222 words
    • Article, Illustration
      HOT STOCK
      58 16  -  -by Shiv Taneja OVERSEAS Union Bank Foreign closed eight cents higher yesterday at $3.90 on a volume of 3.81 million shares, compared with its 10-day traded average of 5.6 million units. The daily and weekly RSI and Stochastics indicate that the counter is oversold, and this is supported
      58 words
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      Lock icon Investors keep to sidelines ahead of trade data, G-7 meet
      649 16  -  STOCK MABKBT COMMENTARY Rally propelled by stronger yen wears ont; genuine money missing in the market, says an analyst By Wong Wei Kong [SINGAPORE] Market players found too many uncertainties for their liking and sent the benchmark index down by
      Chart info from Bridge  -  649 words
  • ON THE GRAPEVINE
    • Article
      When the going gets tough...
      98 16 IF you wonder why Hongkong people seem able to take a lot more pain than Singaporeans at a time of economic hardship, maybe they don't. It may well be because they are better occupied. According to a Hongkong Economic Journal report, 80 per cent of
      98 words
    • Article
      That Y2K problem again
      184 16 BUT, be careful, this time they could be talking about those rave and fave American stocks that you may be holding with a nice profit, no doubt. So think about this one. An Associated Press report we spotted over the Internet recently reported that both Edward
      184 words
    • Article
      Charity in the time of the World Cup
      180 16 WE'RE told that with the economic climate a tittle more grim than Singaporeans are used to, even charities are finding it tougher to raise fUnds these days. But here's an Idea for you football fans out I there. If you've benefited from
      180 words
    • Article
      Virtual football
      91 16 HERE'S another. If you are engulfed by World Cup fever, you can now participate In the games themselves—virtually. Just log on to http://www.intel.com/ apac/vfootball, a website specially created by Intel Corp. Then click into the virtual locker room, pick the colours of your team, I go to the
      91 words
    • Article
      An innovation to cash in on
      129 16 TIRED of thoae long weekend queues at the i supermarket checkouts? This innovation in US stores could do the trick. In Florida, L you can now scan your own purchases and then just pay at a central cashier. Too much room for abuse, you
      129 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      568 16 TO ADVERTISE CALL TOLL-FREE 1800-741 1883 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MJ REFRESH SPRINGS (S) PTE LTD (Incorporated in Singapore) At an Extraordinary General Meeting of the abovenamed Company duly convened and held al 51 Newton Road #08 04 Goldhill Plaza
      568 words
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      Page 16 Advertisements Column 2
      157 16 SEACORP (ASIA) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of members of the abovlmentioned company will be held at 111 Amoy Street, #04-00 Singapore *****1 on 23rd July 1998
      157 words
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      Page 16 Advertisements Column 3
      78 16 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 ceremony, company anniversary, ISO certification, ground-breaking ceremony or a toppingout ceremony. It's another chance
      78 words
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      Page 16 Advertisements Column 4
      155 16 travels fast l\ Sl\( i M'ORI wlien vou wan! to reach out to a Ship Salt's [.inker Rates. \ircialt \rri\aU select target audience in the transport ami logistics Departures. Regional Weatliei Reports. I oca I Ships m i ihl list r\. on I v one dailv oilers vou the advantage
      155 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon A sale in search of a crowd
      1302 17  -  The Great Singapore Sale is here again, but with less hoopla this year. Are we not shopping anymore, asks jamb he, or are we just shopping smarter? JAIME EE TWO weeks ago, Robinson's launched its major "sale worth waiting for". On its first
      STEW YAW HOONG  -  1,302 words
    • STRAWS In The Wind
      • Article
        Sorry, It's confidential
        83 17 MANAGEMENT consultants are known for zealously guarding their trade secrets. Some seem to take this a lot more seriously than others, casting an all-encompassing blanket of secrecy over all information. One Journalist recently made a call to the Kuala Lumpur office of a well-known American consultancy, asking
        83 words
      • Article
        Unlikely scenario
        77 17 THEY say that experts are those who know more and more about less and less. This certainly holds true in the case of football commentators. During the Iran-Yugoslavia World Cup match last Sunday, lan Darke, who supplied the commentary, said he was sure the bars back in Iran
        77 words
      • Article
        Chasing the wind
        57 17 THERE'S a new twist to adventure holidays. In the wake of movies like Twister, ads have appeared on the Internet from specialist tour groups catering to those interested in trekking across the American Midwest in search of tornados. Aficionados claim it's quite safe all you have to
        57 words
    • VIEWPOINT
      • Article
        Primitive mating habits and the birth of football
        701 18  -  Off the cuff What has the World Cap fever got to do with an ancient tribe and women's general dislike of football? Here's a possible explanation for sports-phobic women by Jaime Ee HERE'S a question: why do men love football so much,
        701 words
      • Article, Illustration
        Lock icon Thinking carefully through every move
        1092 18  -  Robert Rubin's approach to the global economy is no different from the one he learnt on Wall Street His Mends say that to understand Rubin the treasury secretary of the US, one must know about Rubin the trader, clay chamdlbr reports CLAY CHANDLER The Washington
        The Washington Post; FILE PHOTO  -  1,092 words
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        Lock icon A company with good grounds for optimism
        638 18  -  A defensive mm to buffer Seatown Constructionagainst hard times has secured $300 million worth of contracts for the company Tan Su Yen IT WAS the second half of last year and the cracks in the otherwise robust economy were starting to show. Seatown
        CHRIS LOH  -  638 words
    • MOTORING
      • Article, Illustration
        Ride out the storm in style
        873 19  -  Cutting costs but still in need of a car that maintains some corporate decorum? Check out Citroen's Xantia, a competent package with lots of drive appeal, suggests Christopher tax CHRISTOPHER TAN YOU've just told your staff to prepare for lean times. Bonus this year
        873 words
    • Pursuits
      • Article, Illustration
        Lock icon You've come a long way, Daddy
        659 19  -  FATHER'S DAY The ideal lather of the'9os is very determined to go where his own dad may have feared to tread By 1 Tan Su Yen "I'M NOT going to be the sort of father who shows up only at dinner and exchanges a
        FILE PHOTO  -  659 words
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        Flowers that say hello and goodbye
        639 19  -  GARDENING The Haw&ii&ns weave Frangipanis into garlands for friends; the Malays plant them in cemeteries By' Thien FRANGIPANIS evoke strong emotions from their use in wreaths and cemeteries to Hawaiian leis or garlands, people have either feared or been charmed by this tree with
        639 words
      • Article, Illustration
        Interesting scenery, but where's it all leading to?
        577 20  -  TELEVISION Fancy a Tuesday night tour of the lives and lunacies of average Singaporeans? Then check ont Drive, TCS' new drama series By* Andrew Wee Roses are red, Violets are blue. What does love mean to you? SO WENT the trailers that
        577 words
      • Article, Illustration
        Crash course in histrionics
        605 20  -  CINEMA How does the hmnan race react when faced with the threat of extinction? With pointlfas, idiotic behaviour, if the makers of Deep Impact are to be believed By Parvathi N Narayan IF IT's the simplest ideas that make the biggest impact, the film Deep Impact
        605 words
      • Article
        Lock icon Lange goes from Prozac to Balzac
        645 21  -  CELEBRITY The Oscar-winning actress who specialises in playing unsettled characters now takes on the lead role in Consin Bette By Joshua Mooney NYT JESSICA Lange admits that her latest film, Cousin Bette, based on a novel by Balzac, is going to be a tough
        NYT  -  645 words
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        WHAT'S ON
        405 21  -  Compiled by M Yasotha rmTiTALor imn New Orleans Rhythm Kings A selection of music ranging from spiritual to popular American tunes. Guaranteed to get you swinging to the beat. June 19-21, 8pm at Ritz Carlton Millenia Singapore Victoria Concert Hall. Tickets: $110 (includes dinner one drink); Victoria Concert
        405 words
    • EPICURE
      • Article, Illustration
        Setting new standards at the Raffles
        957 22  -  TA is delighted to find a more mellow pan-Asian cuisine at Doc Cheng's and a new chef at the Raffles Grill TAN SU YEN W HEN Doc Cheng's first opened in Raffles Hotel almost three years ago, diners were charmed by its campy decor
        957 words
      • Article, Illustration
        Signature flavours of Brittany
        396 22  -  PROMOTION Visiting chef Patrick Jeffroy brings fresh garden produce and a divine cider butter to Hilton's Harbour Grill By 1 Tan Su Yen RURAL flavours take centrestage at The Hilton's Harbour Grill this week with visiting one-star Michelin chef Patrick Jeffroy from France's north-eastern region of
        396 words
      • Article
        Haven for street food
        480 22  -  FOOD COURT Tan Su Yen YOU'RE hot and bothered on Orchard Road and desperately in need of lunch. Since it's not your birthday, you don't want to blow the money you saved at the Robinson's sale on a mediocre restaurant meal. What do you do? Until
        480 words
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        Wine lessons from Robert Parker
        93 22 CRAVINGS ROBERT Parker of The Wine Advocate, considered one of the wine world's most influential commentators, is at the Raffles Hotel this weekend. Tonight, he will lead a wine tasting cum gala dinner at Raffles Grill featuring wines from Bordeaux and Rhone. Singapore wine enthusiasts
        93 words
      • Article
        Hot sauce
        101 22 MOST Chinese estaurants offer truly forgettable blol of vermillion goo as an excuse for chil' sauce. Not the Cherry Garden at The Oriental Singapore. The restaurant's signature chilli and black bean paste packs such a punch that guests often ask to take away "just a bit". The coarse
        101 words
      • Article, Illustration
        Raring to go
        106 22 FIVE-year-old Prego, still a trendy lunch venue for businessmen, welcomes a new manager, Italian Sergio Bretti, and unveils a revamped menu. Impressive additions include the stew of mussel marina, which two can share, and the smoked salmon with artichoke and asparagus in sour cream. In the pasta
        106 words
      • Article, Illustration
        Festival treats
        132 22 DON'T watch the Festival of Arts performances on an empty stomach. If you're in or around Chymes, soak in the fringe festivities over an al fresco meal. Catering company Kriston Food Beverage has set up Jacquie's Cafe facing the Chijmes stage for the duration of the Arts Fest.
        132 words
      • Article, Illustration
        Top notch Thai
        85 22  -  Compiled by Tan Su Yen THE Spice Market at The Regent Bangkok, voted "The Most Delicious Thai Restaurant in the World", comes to Capers at The Regent Singapore. Sample the fine handiwork of the restaurant's celebrated team of cooks at $25+++ per person for lunch and $32+++
        85 words
    • Article, Illustration
      CINEMA
      827 23 Anastasla- Animated feature about a girl who may just be the last of the Romanovs. Lido, Choa Chu Kang, Jurong, Hougang, Century, Eastpoint, Central, Bugis, Toa Payoh, Orchard, Yishun, Bishan, Tiong Bahru, Boon Lay, Tampines, GV Marina. Barney'* Great Adventure. Three children visiting their grandparents' farm meet the purple
      827 words
    • Article
      ENQUIRIES AND BOOKINGS
      121 23 Cathay Org. Camay 338-3400 Eastshore 34& 1816 Orchard 235-8386 Picturehouse 338-3400 Yaigtze 223-7529 Eng Wah Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Qoldan VfHaaa Bedok 443-2405 Btshan 353-8885 Boon Lay 792-2788 Broadway 454-9394 Majestic 533-9032 Marina 337-9488 Pavilion 786-5788 Tampines 8 786-5788 fionfl Bahru
      121 words
    • TRAVEL
      • Article, Illustration
        Lock icon Loping around Jaisalmer
        929 24  -  A camel trek, no matter how romantic it may sound, involves venturing into territory where sand is likely to creep between the toes. But the reward is a chance to spend days living the genuine nomadic life. mark graham saddles up MARK GRAHAM POR around 300 kilometres
        PHOTOS BY MARK GRAHAM FOR BT  -  929 words
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      8 17 P Krvi I m Treasury Secretary el 2
      8 words
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      Page 17 Advertisements Column 2
      98 17 Travel The desert city of Jaisalmer EL 8 j i "J I i MLTi Jg .A Mm r .jjj^pj^Bp^^H w Y" Vf and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total L communication approach in enhancing your company profile to your business associates
      98 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      90 20 from Spain will the the traditional be an experience you miss. IE9IH dniimiiii ultima BssQissssEai Eu Ton g Rd New bridge —1 wm ■BiHH V V A] m fflnHKniin nc.l R«I Tanjong Pagar ssFIT extraordinary auction NOTICE OF POSTPONEMPMT IMPORTANT EXTRAORDINARY (RESTRICTED) AUCTION HIGH EXCELLENCE KNOTTING LEVELS CATEGORIZED CRAFT, ART,
      90 words
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      Page 20 Advertisements Column 2
      43 20 r— l BOY it SELL FIND;> Classified ads are purr... feet for finding lost little kittens. No matter what it is, you can always buy it, sell it or find it with the Classified. toil fI E WOO-737-1166 qnmJ I (•II f«r Itttlis
      43 words
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      Page 20 Advertisements Column 3
      56 20 J I-f onjy my boss would y respond -to these ads... p o *v. vif. v. i 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
      56 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      373 21 Where to wine, dine and entertain... "t (SBEssSk A your Dad! Function Room CaM Plaza EMtet Dinner PLAZA 7500 A Beach Road Singapore *****1 Tel: 298 0011 Fax: 296 3600 THAI RESTAURANT i Enjoy and savor the perfect combination of our innovative Thai specialties and friendly Hospitality. m i Also
      373 words
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      Page 21 Advertisements Column 2
      102 21 I TT RELISH PINE COURT CHINESE RESTAURANT S BEIIING DUCK FOR ONLY $25++* Reservations: 831 6S6S/& BBS MjU CHINESE 555 Orchard Road. Singapore 33M67 RESTAURANT Tel 737 4411 Sunday 21 Jun« 12 pm-2.30 pm $28* (Adult) $19.50* (Child) More than just an international buffet, the Phoenix Garden Cafe's Father's Day
      102 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      2162 23 TODAY'S TV i RECOMiiEMnim viuwiMO *-oo tv innovations. Cup Prima 12 Love on these two countries must 98 Spain vs Paraguay f am TV Innovations. ihn r»i play. Mexico is in a good 11.00 TVSN. W L\ I 2 oo PM David, the Gnome 1116 run position, having beaten 12.00
      2,162 words
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