The Business Times, 13 March 1999
1999-03-13
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The Business Times
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Title Section11 1999-03-13 1 The BosinessTimes ,WITA kwdrteJtjp, 85t SINGAPORE Internet: http://business-times.asial.com.sg/ SATURDAY, MARCH 13,199911 words
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Article58 1999-03-13 1 Dm 8.74 (+14.01) PIBT-SU U***** (+13.41) SDEK3 FUTUBES 2HJO (+3.40) gfOCK MiMEBT mWCBB Friday Qianfe KLSE COMP H&79 NIKKEI li,488J6 -Utt HANO SENG 1MCL7*—*118* SET INDEX MM* +«8 JAKARTA COMP —175J4 -17 MANILA COMP _UNI* -i» TAIPEI WPI **JI seoul oomp mm CLSA CHINA B «0J6 +1M7 AUSTALLORD58 words
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Article79 1999-03-13 1 FBBEX BATES USS 89 USS L7J4 £(USJ/S$ per 1.03 1831 1.098 1J04 DM 1.781 «J74 YEN 120.1 1.444* RM UN 0.4M HKS 7.74t (L224 BART 17.48 MM HJPIAH HIM fttlf St to tot mMs FUME BATES SINGAPORE* UK KUALA LUMPUR 11J0 JAKARTA 28J9 BANGKOK 14.76 MANILA SJ9 HONG MONO79 words
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Article, Illustration731 1999-03-13 1 Lee Han Shih - Warning of heavy debt and unstable Indon market What now? By. Lee Han Shih [SINGAPORE] Some 11,000 shareholders of listed Van der Horst were dealt a body blow last night VDH's external auditor, Arthur Andersen, said the company is so heavily laden withSource: Bloomberg - 731 words
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Article, Illustration362 1999-03-13 1 Christopher Tan - Byl Christopher Tan [SINGAPORE! Demand for Toyota Motor Corp's newlyunveiled IS2OO dubbed the "baby Lexus" has already outstripped company forecasts in the markets it's been launched. IS2OO chief engineer Nobuaki Katayama said monthly sales in Japan had been 5,900 units, 48 per cent higher thanARTHUR LEE - 362 words
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Article, Illustration432 1999-03-13 1 Benchmark hovering at 9,886 by lpm EST, down 12 points Bloomberg, Reuters, AFP [NEW YORK] The tug-of-war on Wall Street remained indecisive in early trading yesterday, with the Dow Jones Industrial Average reaching within striking distance of the magical Big Ten onlyBloomberg,; Reuters,; AFP; Source: AVSJ Bloomberg,Reuters - 432 words
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Page 1 Advertisements
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Advertisement143 1999-03-13 1 inauw WO lataMk crwi the tdbirwif The Ambon tragedy shows that while the minority need to be protected, the majority also need to feel secure and have their hopes met, P*7 Japanese GDP cMtrmcts tetter k 04 Japan's GDP shrank another 0.8% in last quarter oi 1986, bringing the full-year143 words
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Advertisement32 1999-03-13 1 $The market deckles. ft M m> We don 1 interfere 1 m In the stockmarkeL Jgjfc The government has never interfered.9 lyjj limlminlnn rfKUILo MRHMW EMm Zainoddn. Full report, Pg 12 'i32 words
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Advertisement72 1999-03-13 1 Pae Can's $20.6 m loan stocks: auditor raises alarm, Pg 12 iihhhbhihhmmpbnhi^ i Irmi-BaTl sg* BBS Ckwhi Ei s|l J^j^ifc^fcii JB I^^^B^^B^^B-^BTB r x e* I SuM»<» I r^HHHHPnnn I VISIT OUR SHOW FACTORY TODAY! rnC3KZ3HES3 Enter frow Block Ave IZJ-lj Hfll 881 Open DtHy (including Sundays) 10am Bpm firlj72 words
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SINGAPORE AT HOME & ABROAD
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605 1999-03-13 2 Wong Wei Kong - But analysts less sore if itH address issue of foreign control of local hanks By Wong Wei Kong THE Monetary Authority of Singapore is expected to relax key restrictions on foreign banks in the domestic banking market when it outlines605 words
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188 1999-03-13 2 AFP SENIOR officials from Malaysia and Singapore have resumed talks on a package of outstanding bilateral issues and agreed to meet again, a spokesman from the Singapore foreign ministry said yesterday. The officials met on Thursday in Singapore to follow up talks betweenAFP - 188 words
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Article, Illustration397 1999-03-13 2 Ven Sreenivasan - By' Ven Sreenivasan MAINBOARD-LISTED laminated paper maker New Toyo International and specialist engineering group Asian Micro Pte Ltd were presented the Overseas Enterprise Incentive (OEI) award by the Economic Development Board yesterday. The award, which was launched in 1996 and has been givenLIANHE ZAOBAO - 397 words
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183 1999-03-13 2 Lim Lian Hwa - SATURDAY MAILBAG Lim Lian Hwa Sales director, E-Motive Display Pte Ltd via Internet WITH the government promising to help promising local enterprises to improve to compete internationally, I cannot help but share my own experience. I am one of the so-called technopreneurs who started a183 words
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309 1999-03-13 2 NEXT week Singapore's major financial institutions and other organisations will present their Y2K readiness report card, said an executive of the Association of Banks in Singapore (ABS). The ABS is hosting a meeting of the Global 2000 coordinating group here next week where Singapore309 words
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350 1999-03-13 2 T F Phang Singapore via Internet - Group tax relief don't take it in isolation T F Phang Singapore via Internet I REFER to calls by various MPs for a review of Singapore's tax structure. While such calls are reasonable, the criticism such as "kneejerk reaction", "out-of-step" and "unfair" as reported in The Strait Times and The350 words
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225 1999-03-13 2 Clarissa Tan - By< Clarissa Tan OVERSEAS Union Bank yesterday cut its interest rate for the second year of a mortgage by half a point to 5 per cent, as banks and finance companies continue to slug it out in the home loan225 words
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734 1999-03-13 2 Anna Teo - ETC OK THE ECONOMY Byi Anna Teo THE economy can't be doing too badly. Five days of debate in Parliament this week (and more next week) on practically all matters of state, and almost all of the economy's share of attention has734 words
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393 1999-03-13 2 Marissa Chew - SNEF, MOM, NTUC decide on edncatienal approach By] Marissa Chew THE Singapore National Employers Federation, the Ministry of Manpower and the National Trades Union Congress yesterday issued guidelines for job advertisements to help employers avoid discriminatory specifications in the ads. At a393 words
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311 1999-03-13 2 Teh Hooi Ling - By' Teh Hooi Ling SINGAPORE has become the 12th most important maritime nation as at December 1997, up from 13th position in 1996. This is the latest ranking by Unctad's Review of Maritime Transport 1998 released in February this year. This is Singapore's fifth311 words
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390 1999-03-13 3 Carol Eng - BUDGET DEBATE FTO9 Govt wants to contain 'bucket shop' problems bat not over-regulate By Carol Eng TO contain the problem of swindling by so-called "bucket sh®ps", the government may extend the Commodities Futures Act (CFA) to cover trading in commodities beyond390 words
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292 1999-03-13 3 Eugene Low - By] Eugene Low THE police are getting private sector companies to enforce legal parking, said Minister of State for Law and Home Affairs Ho Peng Kee in Parliament yesterday. He was responding to a call by Member of Parliament for East Coast GRC292 words
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197 1999-03-13 3 SEVERAL Members of Parliament raised concerns about the impact Singapore's ageing population would have on the healthcare system during the Budget debate for the Ministry of Health yesterday. Lily Neo, MP for Kreta Ay-er-Tanglin GRC, stressed the importance of preventive healthcare for the elderly.197 words
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369 1999-03-13 3 MINISTER for Information and the Arts George Yeo said the entrepreneurial spirit is in the blood, history and culture of Singaporeans, and he is not particularly concerned about the apparent lack of entrepreneurial drive here. He was responding to a query by369 words
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Article, Illustration140 1999-03-13 3 CLAIRE Chiang, Nominated Member of Parliament and executive director of the Banyan Tree Gallery, was named Woman of the Year for 1996. Noting her dedication to the causes of women and the family and her contributions as an NMP, the judges at theSIEW YAW HOONG - 140 words
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418 1999-03-13 3 Soh Tiang Keng - By\ Soh Tiang Keng THE government will not lift the 3 per cent overall limit that finance companies are allowed for tax deductions on general provisions for loans and Investments. Cheong Swee Ying, divisional director of technical services at the Inland418 words
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Advertisement32 1999-03-13 2 DRAKE EXECUTIVE SEARCH DRAKE INTERNATIONAL (S) LTD 8 S hen ton Way a 40-03 Tcmasek Tower Singapore *****1 Tel (65) 225 5809 Fax (65) 227 0071 Email johnkoh 6 drakesin.com.sg Website http://wvAV.drakeintl.com32 words
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Page 3 Advertisements
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Advertisement102 1999-03-13 3 Catch up with all these? MTTAmHIMtI or Just this I TheStoiteTiines j WEEKLY EDITION HSI provides you a crisp summary of every week's major news break reported in The Straits Times about Singapore and Asean. Covering news from local politics, business, to general interest news and sports, it makes sure102 words
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ASIA'S ECONOMIC SLUMP
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Article, Illustration628 1999-03-13 4 Anthony Rowley - Figure brings year's contraction to 2-8% bnt market shrugs off bad news From. Anthony Rowley in Tokyo JAPAN'S gross domestic product (GDP) shrank by a worse than expected 0.8 per cent during the final three months of last year, bringing theAFP - 628 words
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Article, Illustration366 1999-03-13 4 Bloomberg [TOKYO] Japan approved a 7.5 trillion yen (SsloB billion) investment in 15 of its biggest banks to end a decade-long struggle with bad loans and set the financial system on the road to recovery. And the government warned it couldBloomberg; AFP - 366 words
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115 1999-03-13 4 Bloomberg [LOS ANGELES] The worst of the economic crisis in East Asia isn't over yet, a senior official of the Asian Development Bank said. Some economists say Korea, Thailand, Indonesia, and other Asian countries pushed into recession by currency devaluations areBloomberg - 115 words
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433 1999-03-13 4 Weak demand in Asia, Europe cited; imports up 4.7% on better local demand Bloomberg, Reuters [BEIJING] China's exports feU 10.5 per cent in the first two months of this year compared with the same period a year ago because of weak demand in Asia andBloomberg,; Reuters - 433 words
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Article, Illustration433 1999-03-13 4 Larry Wee - By\ Larry Wee [SINGAPORE] US dollar gains were shaved yesterday, with the Japanese currency once again recovering below 120 and the euro shooting up on overnight news that German Finance Minister Oscar Lafontaine had quit. The Indonesian rupiah also came back sharply onSource: Bridge - 433 words
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298 1999-03-13 4 Reuters [SEOUL] South Korea has targeted 1999 annual GDP growth of 2 per cent but growth could be higher, the finance ministry said yesterday in its latest policy review with the International Monetary Fund. Prospects for higher gross domestic product growth would depend "criticallyReuters - 298 words
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578 1999-03-13 4 MEWS ANALYSIS Future of economic reforms to hang on the 300t rnpi&h recap plan Reuters [JAKARTA] Up to 40 debt-laden Indonesia!) banks find out today if they are destined to live or die and on that decision hangs theReuters - 578 words
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Advertisement803 1999-03-13 4 111 PACIFIC CAN INVESTMENT HOLDINGS LTD T T T (Incorporated in the Republic of Singapore) PacMcCan NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of Pacific Can Investment Holdings Ltd will be held on March 30. 1999 at 10.00 a.m. at 10 Shenlon803 words
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THE REGION
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760 1999-03-13 5 Harish Mehta - Thai Senate okays tough bills in about-face, rejecting own weaker version from Harish Mehta in Bangkok THAILAND'S Chuan Leekpai government claimed a major victory by passing the controversial bankruptcy and foreclosure laws, the centrepiece of reform commitments made to the International Monetary760 words
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323 1999-03-13 5 JAKARTA AFP FORMER president Suharto's youngest son, Hutomo "Tommy" Mandala Putra, was yesterday slapped under city arrest for 20 days pending trial for his alleged involvement in a multi-million dollar land scam. Announcing the order, At-torney-General Andi Ghalib said HutomoAFP - 323 words
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NOTE Book
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Article84 1999-03-13 5 AFP [MANILA] Overcrowding in the Philippines' furiously growing telecoms industry points to a looming shakeout where "only up to three" of the strongest could survive, a stock brokerage house here said yesterday. Some US$2 billion (553.46 billion) poured into the sector in the six years toAFP - 84 words
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71 1999-03-13 5 Bloomberg [MANILA] The Philippines said it will cut its key interest rates on Monday the second cut in a week to spur loan growth and pull the economy from recession. The central bank will cut the closely watched overnight borrowing rate to 12.125Bloomberg - 71 words
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87 1999-03-13 5 AFX-Asia [JAKARTA] Indonesia and Russia have signed an agreement aimed at combating tax avoidance in a bid to improve trade between the two countries, Trade Minister Rahardi Ramelan said. He said the two countries also signed an agreement on economic and technical cooperation. Mr RamelanAFX-Asia - 87 words
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66 1999-03-13 5 AFP IKUALA LUMPUR] A Malaysian opposition leader yesterday called for a rescue plan for the pig farming industry, which has been hit badly by the Japanese encephalitis outbreak suspected to have killed 35 people. The multi-million-dollar pig-rearing industry was on the "verge ofAFP - 66 words
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334 1999-03-13 5 BANGKOK Move a punishment for critical report which led Bangkok Bank shares to fall Bloomberg A THAI parliamentary committee voted to recommend Goldman, Sachs Co be removed as an adviser to Thailand's government and a potential underwriter of as muchBloomberg - 334 words
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Article, Illustration585 1999-03-13 5 ANWAR'S TRIAL AFP [KUALA LUMPUR] Lawyers for ousted Malaysian deputy premier Anwar Ibrahim told his corruption trial yesterday they had scrapped plans to call Prime Minister Mahathir Mohamad as a witness because he refused to provide an advance statement. "We want toAFP - 585 words
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Article, Illustration615 1999-03-13 5 SABAH POLLS Political analysts see rnling coalition retaining power Reuters, AFP, Bridge News [KOTA KINABALU] Malaysia's Sabah state voted yesterday in a state election widely seen as the first test of strength for Prime Minister Mahathir Mohamad since he sacked hisReuters,; AFP,; Bridge News; REUTERS - 615 words
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372 1999-03-13 5 UNITED NATIONS Reuters UN Secretary-General Kofi Annan said on Thursday that Indonesia and Portugal had agreed on a "direct" ballot for the people of East Timor to decide whether they wanted autonomy or independence. Portugal's Foreign Minister called the agreement aReuters - 372 words
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330 1999-03-13 6 HONGKONG AFP ILLEGITIMATE mainland children born to Hongkong parents will be barred from migrating to the territory, a senior Chinese official said in reports here yesterday. The statement by Deputy Public Security Minister Tian Qlyu contradicted a judgment by Hongkong's highest courtAFP - 330 words
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273 1999-03-13 6 BEIJING Bloomberg CHINA'S main inflation indexes rose in February as the price of grain and other agricultural products increased, the Xinhua news agency reported yesterday, citing the State Statistics Bureau. China's retail prices rose 1.2 per cent on January's level, whileBloomberg - 273 words
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Article, Illustration648 1999-03-13 6 BEIJING Bering wants longer grace period to phase ont tariffs and other barriers Reuters CHINESE Foreign Trade Minister Shi Guangsheng said yesterday that there had been important progress in recent talks with the US on Beijing's effort to join theReuters - 648 words
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408 1999-03-13 6 PERTH Central bank making inquiries, says HE gold official Bloomberg CHINA'S central bank has been making inquiries into the gold market probably with a view to increasing its gold reserves, the president of the Chinese Gold and Silver Exchange Society, Raymond ChanBloomberg - 408 words
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Article, Illustration129 1999-03-13 6 [BEIJING] Migrant workers yesterday finishing their lunch next to the controversial Oriental Plaza building site in central Beijing. The mammoth construction project, formerly owned by Hongkong property tycoon Li Ka-shing, has been a very public example of the problems China is facing as it strives for reform. TheAFP - 129 words
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323 1999-03-13 6 Surinder Singh - Frmn Surinder Singh in Sydney VOTERS in the Australian state of New South Wales will have to cope with a ballot paper that is the size of a small tablecloth when they go to the polls at the end of323 words
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ASIA Notes
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100 1999-03-13 6 Bloomberg [CANBERRA] Australia's government is facing more pressure to legislate to ensure special labelling for all food which has been genetically altered at any point in its production. Government and food industry scientists meeting in Canberra yesterday said labels are needed because "it's the onlyBloomberg - 100 words
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114 1999-03-13 6 Reuters [HONGKONGI About 700 laid-off workers brought traffic to a halt in a south-western Chinese city to demand payment of living expenses, a Hongkong-based rights group said yesterday. The protesters used to work at a state-owned machine plant and staged the demonstration on aReuters - 114 words
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92 1999-03-13 6 AFP [BEIJING] China is planning to form a special police force for tax collection in a bid to strengthen its fledgling taxation system and boost revenue, official media reported yesterday. "In 1999, China will further strengthen the field through punishing various fraudulent activities including taxAFP - 92 words
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435 1999-03-13 6 Neil Behrmann - Survey of 7,500 firms covers 'grey area' risks ranging from bribery to red tape From Neil Behrmann in Ijyndon SINGAPORE is the least risky and corrupt nation, according to a survey of Asian and emerging countries. A rolling survey of 7,500 US, German, UK,435 words
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243 1999-03-13 6 BOMBAY Bloomberg INDIA'S one million bank staff agreed to a 12.25 per cent rise in wages offered by the country's state-owned and private banks, and called off an indefinite strike from March 17, said a bankers' association. The bankBloomberg - 243 words
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FOCUS
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Article, Illustration2386 1999-03-13 7 Yang Razali Kassim - The Ambon tragedy shows that as much as the minorities need to feel protected, the majority also need to feel secure and have their aspirations met By Yang Razali Kassim The writer is BT's regional analysis editor Refugees fleeing their homes in Indonesia. This usedAFP - 2,386 words
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Article, Illustration598 1999-03-13 7 Worsening inter-communal tension in the country reached a breaking point MALUKU, the exotic spice islands. Better known in the past as the Moluccas, this group of islands especially its key centres of Ambon, Ternate and Banda was for a long time the magnet for spice traders598 words
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THE WORLD
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309 1999-03-13 8 LONDON Reuters THE euro could soon return to life-time lows if Germany does not ditch planned tax reforms with the same alacrity that it has dumped their architect, Oskar Lafontaine, analysts said yesterday. Plans to cut income tax have raised the hackles of GermanReuters - 309 words
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Article, Illustration567 1999-03-13 8 BONN Chancellor's power base strengthened as he is voted to SDP party leadership Reuters GERHARD Schroeder won control of his party yesterday and named a moderate to replace left-wing finance minister Oskar Lafontaine, who resigned after losing a power struggle with the German chancellor. FinancialReuters; REUTERS - 567 words
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Article, Illustration63 1999-03-13 8 MOSCOW] A group of men dressed as Father Frost, the Russian equivalent of Santa Claus, standing outside the Lower House of Parliament in Moscow yesterday with a banner saying: "Everything will be okay They did not say what their intention was but apparently hopedREUTERS - 63 words
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609 1999-03-13 8 Leon Hadar - They will probably claim US has been too soft on China From Leon Hadar in Washington FOREIGN policy issues played only a marginal role in the two recent US presidential election campaigns. With the end of the Cold War, the attention of Washington609 words
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456 1999-03-13 8 WASHINGTON Biggest drop in over a year shows inflation absent Reuters WHOLESALE prices in the US recorded their biggest drop in more than a year in February, the government said yesterday on Friday, adding to evidence that inflation is absent from the roaringReuters - 456 words
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323 1999-03-13 8 PARIS Bloomberg GERMAN and French consumer prices barely budged last month, leaving inflation close to record lows and suggesting the European Central Bank is likely to lower interest rates in coming weeks. German prices rose 0.2 per cent month-to-month and 0.2 perBloomberg - 323 words
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254 1999-03-13 8 BRUSSELS Reuters A DEAL on the European Union's farm policy shake-up should remain intact but outstanding budget questions may yet re-ignite tensions between the bloc's major powers, diplomats said yesterday. EU farm ministers, meeting through Wednesday night, settled on a package ofReuters - 254 words
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WORLD Watch
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Article34 1999-03-13 8 Reuters [WASHINGTON] The House Banking Committee Thursday passed a bill to modernise the US financial services industry by allowing banks, brokerages and insurers to enter each other's businesses. ReutersReuters - 34 words
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Article56 1999-03-13 8 Bloomberg [BRUSSELS] The US stepped up pressure on the European Union to scrap a ban on aircraft with "hushkit" engine mufflers, saying it discriminates against US companies and further clouds trade relations 1 Commerce Undersecretary David Aaron said he will urge EU officials toBloomberg - 56 words
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46 1999-03-13 8 Reuters [LONDON] British businesses face an extra £20 billion (Sss6 billion) of costs over the next three years under the "New Labour" government, according to the British Chambers of Commerce. These included much trumpeted tax breaks for enterprise. ReutersReuters - 46 words
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51 1999-03-13 8 Bloomberg [WASHINGTON] The Justice Department closed its three-year investigation of Moody's Investors Services on Feb 1 without finding that the credit agency violated antitrust laws. The probe centred on Moody's practice of making "unsolicited ratings", or Issuing ratings without the consent of the bond Issuer.Bloomberg - 51 words
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67 1999-03-13 8 Bridge News [WASHINGTON] Charles Bakaly, spokesman for Independent Counsel Kenneth Starr, abruptly resigned Thursday after Mr Starr asked the Justice Department to Investigate him in connection with a recent press leak. At issue is a Jan 31 article in The New York Times thatBridge News - 67 words
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Article34 1999-03-13 8 AFP [PARIS] France's Economy, Finance and Industry Minister Dominique Strauss-Kahn called yesterday for the debts of poor countries to be written off, In exchange for tight public management. —AFPAFP - 34 words
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EXECUTIVE LIFESTYLE
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Article, Illustration699 1999-03-13 9 MOVIE Old theatres being closed, new megaplexes sprouting up Reuters [NEW YORK] More Americans are going to cinemas than in 40 years but movie houses are getting a thumbs down from investors as a glut in screens chokes profits. Although the blockbuster TitanicReuters; FILE PHOTO - 699 words
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Article, Illustration369 1999-03-13 9 PERSONALITY The much celebrated mnsidan suffered a fatal heart attack AFP [BERLIN] Yehudi Menuhin, one of the most brilliant and celebrated violinists of the century, died here yesterday after a heart attack at the age of 82, his agent Hans Adler said. The attack was broughtAFP; REUTERS FILE PHOTO - 369 words
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Page 9 Miscellaneous
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Miscellaneous1748 1999-03-13 9 CRYPTIC CROSSWORD 6 New air hostess turned out to give quality in the main j j j J jTj 8 Fan from Tasmania cheerroad is common (8) comeback 14 Footballer busy on crossing 16 Loving call after a party (7) 20 Facade beginning to take a 23 Continental woman writes1,748 words
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SPORTS
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Article, Illustration1568 1999-03-13 10 WALTON MORAIS - There is a reason why boxing has different weight divisions, says walton moraxs When the normally mild-mannered and reticent Holyfleld starts talking like y*nhnnimail has done In the leadnp to this fight, one senses the end of a great career Is nigh. WALTON MORAIS EVANDERHolyfleld isAFP/REUTERS - 1,568 words
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Page 10 Advertisements
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Advertisement417 1999-03-13 10 TTTI i i j presented Diners club Offers Personalised Cash Access To apply, cal: I Where to wine, dine and entertain... intemaiionaT at over 30,000 locations worldwide. *****451 1 "Tunch" is the best for lunch and high tea rolled into 1 one. Which means longer serving hours and even more417 words
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Advertisement41 1999-03-13 10 VUGH Tfy Every Saturday, Sunday Public Holiday J9P Noon to 5.00pm #-WF Adult: $23+++ Itvolviai Child: $1 s+++ Jftk floor Reservations: *****58/88 333 Orchard Road, Singapore *****7. Tel: *****11 You will find it all here at Wine. 1 )inc and l-ntertain.41 words
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COMPANIES & MARKETS
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Article, Illustration609 1999-03-13 11 Lee Han Shih - Move suggests FAB portion of Yeo Hiap Seng will come under control of French food giant Danone By: Lee Han Shih [SINGAPORE] Yeo Hiap Seng yesterday announced the stepping down of its chief executive, Alex Chan, a move which suggests thatFILE PHOTO - 609 words
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Article, Illustration489 1999-03-13 11 Conrad Raj - Asia-Pac takes lion share of USsl.2st world orders in same period By Conrad Raj [SINGAPORE] Singapore Airlines and its subsidiaries are expected to buy some US$32 billion (5555.5 billion) worth of airplanes over the next 19 years, according toSource: Boeing - 489 words
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694 1999-03-13 11 Rahita Elias - HOCK LOCK SIEW Rahita Elias THINGS are looking up at Parkway Holdings, the biggest healthcare provider in South-east Asia. The property-cum-health-care group will announce its full-year 1998 results on Tuesday, and according to forecasts collated by The Estimate Directory, the consensus is that the694 words
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Article, Illustration619 1999-03-13 11 Catherine Ong - Targets inclnde supermarkets, convenience stores, hypermarkets By i Catherine Ong [SINGAPORE] Armed with a war chest of US$7l5 million (Ssl.2 billion), Dairy Farm is on the prowl for acquisitions in Asia and hopes to announce a major deal this year. The retail armSIEW YAW HOONG - 619 words
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443 1999-03-13 11 Teh Hooi Ling - Its new deal Almost parkiga at Sing Net, which sees profits maintained By' Teh Hooi Ling [SINGAPORE] Nasdaq-listed Pacific Internet will still make profits this year, although it will not be as much as last year after having to respond to rival443 words
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355 1999-03-13 11 Ang Wan May - By. Ang Wan May [SINGAPORE] Hongkong Land Holding's US$l9O million (*****.3 million) provision for its development property in Singapore and two other buildings in Hongkong reflects values the properties are likely to fetch at end-1999. The US$4OO million office and retail complex355 words
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COMPANIES
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422 1999-03-13 12 Eddie Toh - Bank recap agency makes move via biggest capital injection of RMl.6b From Eddie Toh in Kuala Lumpur DANAMODAL Nasional has taken a 78 per cent stake in MBf Finance, the largest finance company in Malaysia, through a capital injection of 1.6 billion422 words
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Article, Illustration385 1999-03-13 12 Christopher Tan - By Christopher Tan [SINGAPORE] Despite a new accounting method that allows earlier profit recognition from property projects, Sembawang Resources suffered a net loss of $4.98 million no thanks to $12.6 million incurred by its leisure-related activities. The red ink was in385 words
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329 1999-03-13 12 [SINGAPORE] Pacific Can Investment's external auditor believes the debt-laden firm may not be able to continue as a going concern for a reasonable period of time. In its report signed by partner Philip Yuen Ewe Jin, Deloitte Touche said that based on329 words
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Article, Illustration447 1999-03-13 12 Carol Eng - By( Carol Eng [SINGAPORE] Hong Leonglinked Republic Hotels Resorts posted a 29 per cent fall in net earnings last year to about $10 million, dragged down mainly by Indonesian losses. The continuing uncertain conditions there saw the company writing down the value ofFILE PHOTO - 447 words
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354 1999-03-13 12 [SINGAPORE] Aztech Systems plunged back into the red last year, in sharp contrast to two analysts' expectations of a sharp increase in profit. It turned in a net loss of $16.2 million for 1998 compared to a net profit of $2.3 million previously. Two354 words
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455 1999-03-13 12 Eddie Toh - Chan Chin Cheung qualified to begin takeover negotiations Daim From Eddie Toh in Kuala Lumpur THE Malaysian finance ministry has given Chan Chin Cheung the green light to open talks to buy control of Multi-Purpose Holdings Bhd (MPHB), currently controlled by Lim455 words
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457 1999-03-13 12 Diana Oon Abdullah - It should not be part of package for discussion at govt level, he says From Diana Oon Abdullah in Kuala Lumpur DISCUSSIONS between Singapore and Malaysia on the matter of Clob shares should be left to the Kuala Lumpur457 words
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224 1999-03-13 12 [SINGAPORE] Tighter control over costs, leading to improved food operations, resulted in a 43 per cent jump in group net earnings for the Auric Pacific Group last year. Group net profits of the food maker and distributor rose to $6 million224 words
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COMPANY Briefs
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93 1999-03-13 12 [SINGAPORE] Mainboard-llsted Lion Aslapac yesterday said its China partner, Shejiang Qianjian, had received in-principie approval to list their jointly-owned motorcycle assembly operations on the Shenzhen stock exchange. The listing vehicle will be a new holding company to be set up to acquire the operations93 words
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99 1999-03-13 12 [SINGAPORE] Sesdaq-listed See Hup Seng said yesterday earnings for the fall year ended Dec 31,1996, rose 28.9 per cent, or $675,000, to $3 million. Compared to the year-ago period, See Hup Seng's turnover climbed 41.4 per cent to $44.74 million while its operating profit99 words
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Article72 1999-03-13 12 [SINGAPORE} MHE Holdings yesterday reported a loss of $603,000 for the first six months ended Dec 31,1998, on a 36 per cent fell in turnover to $4.6 million. The company made a profit of $101,000 in the previous corresponding period. Loss per share came to72 words
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69 1999-03-13 12 Reuters [SINGAPORE] DBS Bank, acting through its Hongkong branch, has privatelyplaced a HKIIOO million (5522.4 million) three-year floating-rate certificate of deposit issue, arranger DKB Asia said yesterday. The certificates, which mature in March 2002, were priced at par to float at 30 basis points overReuters - 69 words
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Article55 1999-03-13 12 [SINGAPORE] CSA Holdings, which was recently taken over by US-based CSC Computer Sciences International, yesterday said Warren Brinson Weeks Jr has been appointed to its board. Hugh Smith has been appointed as his alternate. At the same time, Betty Koh Hue Lah and Barry Baxter Lennon55 words
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34 1999-03-13 12 [SINGAPORE] GKG Investment Holdings has sold 116,000 warrants in GK Goh Holdings at an average price of 28.23 cents each. It is now left with 19.64 million warrants.34 words
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769 1999-03-13 13 Quak Hiang Whai - HKs2b provision for sites, investment properties adjusted down by HKs29.Bb From Quak Hiang Whai in Hongkong SWIRE Pacific yesterday said earnings for last year plunged 74 per cent and warned that 1999 would be another difficult year. The Hongkong conglomerate, which controls Cathay769 words
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Article, Illustration58 1999-03-13 13 [BANGALORE] Nandan Nilekani (left), chief operating officer of Indian software firm Infosys Technologies Ltd, and John Wall, president of Nasdaq International, celebrating with champagne, the listing of the company's stock on the US-based Nasdaq exchange in Bangalore on Thursday. The US listing was the firstREUTERS - 58 words
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174 1999-03-13 13 AFX-Asia [HONGKONG] Cheung Kong (Holdings) Ltd and Hutchison Whampoa Ltd have exchanged their combined stakes in Jardine Strategic and Hongkong Land for a call option on the shares. The South China Morning Post yesterday cited Jardine Matheson as saying the deal will give CreditAFX-Asia - 174 words
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166 1999-03-13 13 [SINGAPORE] Specialist metals engineering group Teamsphere has received in-princi-ple approval from the Stock Exchange of Singapore for a Sesdaq listing. Incorporated in July 1997, Teamsphere designs, manufactures. markets, installs and provides services for specialist metal engineering products. There are two core business divisions:166 words
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198 1999-03-13 13 [SINGAPORE] Contrary to media reports, Pacific Century Regional Development (PCRD) has no plans to shift its listing from Singapore to Hongkong, a spokesman for Richard Li said yesterday. Amie Tucker said a report in Singapore's Lianhe Zaobao, quoting an interview given by198 words
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FORGING OF WORLD'S BIGGEST BANK
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600 1999-03-13 14 But no formal legal postions until next week after regulatory process Reuters [PARIS] French banks Paribas and Societe Generale came out fighting after their board meetings, still firmly opposed to a bold takeover bid from rival BNP that could create a trillion-dollar bankReuters - 600 words
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346 1999-03-13 14 We want to form association of French banks, says president AFP [PARIS] The president of Banque Nationale de Paris (BNP) said yesterday that he did not believe Societe Generale and Paribas would mount a counter-attack to his effort to take overAFP - 346 words
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Article, Illustration980 1999-03-13 14 BNP's hostile bid breaks corporate taboos in IVance FT THE French invented the idea of a menage a trois. Now this concept is being extended to banking with the unexpected hostile bid by Banque National de Paris to take over Paribas and SocieteFT; FILE PHOTO - 980 words
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Article3929 1999-03-13 14 Net Mm tn Hrtun Mars P IW 1128 1.39 162 Data TY IV TV H MOIL SepM I 9.60 13.90 136 AST Company am (tan) ($m) <et«) (cts) MmgWah Sap HI I 6366 3.602 130 Ml? Natsteel Elec Mar 3 P 68.606 36.088 17.1 116 Aslamatrii3,929 words
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INTERNATIONAL COMPANIES
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493 1999-03-13 15 Delay in introduction of Office 2000 program to blame: chief financial officer Bloomberg [REDMOND, Washington] Microsoft Corp, the world's biggest software maker, said it expects sales to fall short of estimates in its current quarter as it defers US$4OO million (*****.3 million)Bloomberg - 493 words
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313 1999-03-13 15 Bloomberg [WILMINGTON, Delaware] Long John Silver's Restaurants Inc, which filed for Chapter 11 protection from its creditors in June last year, said it would be acquired by A&W Restaurants Inc after it emerges from bankruptcy. Closely held Long John Silver's, based in Lexington,Bloomberg - 313 words
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333 1999-03-13 15 Reuters [PALO ALTO, California] Oracle Corp's fiscal third-quar-ter profit rose 36 per cent in line with forecasts but weaker-than-expected revenue growth sent shares of the No 1 database software company plunging in after-hours trading. Oracle on Thursday said income forReuters - 333 words
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Article539 1999-03-13 15 PC wholesaler to axe I,4oojobs; blames US competition, slow demand elsewhere Reuters [NEW YORK] Ingram Micro Inc, the world's largest computer wholesaler, on Thursday warned that its results would fall short of expectations for the second straight quarter and that it would cut 10 per centReuters - 539 words
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229 1999-03-13 15 Bloomberg [ARMONK, New York] International Business Machines Corp (IBM) is renting more software to companies over the Internet as the world's No 1 computer-maker tries to increase its slice of this fastgrowing business. IBM is talking to companies that make sales andBloomberg - 229 words
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Article, Illustration67 1999-03-13 15 [PARIS] The chairman of French carmaker Renault, Louis Schweitzer (right), receiving a trophy on Thursday from Jacob Abbou, director of the French magazine Le Journal de I'Automobile, after being elected "Man of the Automobile Year 1998". Mr Schweitzer said a tie-up with Nissan of JapanAFP - 67 words
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388 1999-03-13 15 Chipm&ker posts netlossofUSs27m for third quarter Reuters [SAN FRANCISCO, California] National Semiconductor Corp, a maker of a wide range of computer chips, reported a narrower-than-expected third-quarter loss, but warned it was more cautious about the fourth quarter due to an uncertain marketReuters - 388 words
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FINANCE & COMMODITIES
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406 1999-03-13 16 New execs, financial officer also named in latest board reshuffle at Swiss banking group Bloomberg [ZURICH] ÜBS AG, Europe's biggest bank, replaced the head of Warburg Dillon Read after its investment banking arm reported a bigger-than-expected 1998 loss, in the second reorganisationBloomberg - 406 words
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SMALL Change
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34 1999-03-13 16 Bridge News [SINGAPORE] Singapore's official foreign reserves totalled $124.8 billion at end-February, down from $125.3 billion at end-January, preliminary figures from the Monetary Authority of Singapore (MAS) showed.Bridge News - 34 words
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74 1999-03-13 16 Reuters [NEW YORK] Bankers Trust Co pleaded guilty on Thursday in federal court to three counts of falsifying bank records and agreed to pay U5563.5 million (Ssllo.l million) in fines. The bank admitted that several employees, including a senior managing director and aReuters - 74 words
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100 1999-03-13 16 Reuters [NEW YORK] J P Morgan Co chairman Douglas Warner in got about U557.43 million (5512.9 million) in compensation last year, including options, while the bank's profits dropped 34 per cent to US$963 million, according to a government filing on Thursday. He alsoReuters - 100 words
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67 1999-03-13 16 Bloomberg [WILMINGTON, Delaware] MBNA Corp, the third-biggest US credit-card issuer, has agreed to buy the US$lO3 million (*****.5 million) credit-card portfolio of First Virginia Banks Inc, its second acquisition since December. Falls Church, Virginia-based First Virginia, the state's biggest independent bank, said itBloomberg - 67 words
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Article97 1999-03-13 16 Reuters [NEW YORK) The Justice Department has ended its inquiry into credit agency Moody's Investors Service Inc, a unit of Dun Bradstreet Corp, for alleged anti-trust violations in its ratings practices, the Wall Street Journal reported. A Moody's spokesman told the newspaper that it wasReuters - 97 words
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270 1999-03-13 16 Deal will boost Swiss bank's assets by more than USs6b AFP [ZURICH] ÜBS announced on Thursday that it is buying Bank of America's international private banking activities in Europe and Asia in a deal which will add more than US$6 billionAFP - 270 words
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383 1999-03-13 16 It will train Citibank staff to offer free financial advice to customers Bloomberg [NEW YORK] Citigroup Inc, the world's biggest financial services firm, plans to use sales staff in its 400 US bank branches to push mutual funds and otherBloomberg - 383 words
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Article419 1999-03-13 16 Insurer's shares fall on worry it's paying too much; £25 price at 40% premium to Wednesday's close Bloomberg [LONDON] Prudential Corp, Britain's largest insurer, agreed to buy UK money manager M&G Group for £1.9 billion (555.3 billion), paying what investors called a high priceBloomberg - 419 words
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293 1999-03-13 16 Reuters [BOSTON] The United States' largest mutual fund family, Fidelity, responding in part to market pressures to lower shareholder costs, will complete the overhaul of its fixedincome funds this summer. "It's a competitive market and one in which fees are not goingReuters - 293 words
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Article, Illustration515 1999-03-13 16 Euro/USS: Trading activities teemed with exuberance in the first four days of this week. The week started with some gradual upward correction from Monday's low of 1.0802 to touch a high of 1.0974 by Wednesday. Thereafter, the unit started to lose ground, touching a lowSource: - 515 words
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173 1999-03-13 17 Bob Butcher, Jardine Fleming - Reports TwHiwr Bob Butcher, Jardine Fleming THOSE who bought at the opening in the MSCI Singapore Index had a big lead on others in making money in yesterday's market. The March futures contract made its biggest move of the day between the opening of173 words
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152 1999-03-13 17 Vincent Ngiam, Refco Singapore - MSCX Taiwan tatures Vincent Ngiam, Refco Singapore THE Simex MSCI Taiwan Stock Index futures closed up 2.9 points yesterday. Gain in the futures was encouraged by the overnight record high on Wall Street. However, prices were confined to a narrow range between 277.0152 words
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362 1999-03-13 17 ENERGY REPORT Reuters [LONDON] World oil prices gained nearly a dollar yesterday, soaring after an emergency meeting of key oil powers agreed to remove more than two million barrels per day (bpd) from a gluttedReuters - 362 words
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Article303 1999-03-13 17 Reuters London THE abrupt departure of Germany's leftist finance minister, Oskar Lafontaine, on Thursday gave a short-lived fillip to the euro but scepticism about the currency soon returned to markets yesterday. Initial assessments that Mr Lafontaine's resignation allowed the euro to gain 2 US cents in New YorkReuters - 303 words
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Article, Illustration1192 1999-03-13 17 DtTERBAME CROSS RATES Var12 A* C$ Uro ffr Pw HKS MtsNpiah Van Won H IQNfclb M» W 8t lit t*t NwO Wt Australia 0.965 4.178 0.577 3.713 1121 4.909 *****57.965 0.761 740 2.407 1109 ***** ***** ION 1902 0.924 ***** 23.740 OJM 0.634 Canada 1.036 5.447 0.597 3.919 1169 5.0051,192 words
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Article1690 1999-03-13 17 SICOM FUTURES Mar 12 BUMCR (fatumdowKj«»t SJOpn) ST"" 8 g 'S £S m2S A«r99 WUS 55 M«99 108.T5 925 Jw99 -110.50 250 JBK)99 *3.25 825 S5SS 99 -Ml 225 Jan/Mar 00 tt0-00 RSS 3 CONTRACT (US cwttsAfl) Month Low Sott (tents) iRterttt Apr99 «55 WO MM 99 «J5 Q00 Jun1,690 words
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Article, Illustration1422 1999-03-13 18 Reuters FP H Hang Seng *138J6 HONGKONG stocks closed higher yesterday in choppy trade fuelled by another rise on Wall Street, hopes of an interest rate cut and strength in selected blue chips, brokers said. The Hang Seng Index closed up 138.95 points, or 1.30 per cent, at 10,801.76Reuters; FP - 1,422 words
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Article, Illustration574 1999-03-13 18 Reuters Shenzhen Binder +2JB SHENZHEN'S hard currency B shares closed nearly 5 per cent higher yesterday, as investors took heart from comments by a top regulator and a robust recovery from earlier lows, analysts said. The B index rose 2.18 points, or 4.87 per cent, to 46.96. Turnover roseReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 574 words
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Article355 1999-03-13 18 AFP HffPlnta ♦25J3 TAIWAN share prices closed 0.4 per cent higher yesterday on strong institutional buying, analysts said. The benchmark Weighted Price Index rose 25.93 points to 6,462.73. "Strong buying by institutional investors towards the end of yesterday's session lifted the index to the positive territory," said Jackie Tien,AFP - 355 words
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Article2152 1999-03-13 18 LONDON Industrials IUrU *131 Group 6-25 0.03 AHied Oomecq 5.08 0.05 A Hied Zurich 8.69 "0-28 Anqlo American CoM 24.20 0.40 ASOA Croup 1-44 unch A 8 Foods 4.53 -0.12 A 8 Ports 2.86 0.07 Bank of Scotland 8.69 -0.13 Barclays 18-64 -0.29 Bass 9.65 0.11 BG2,152 words
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Article1611 1999-03-13 18 AFP □Nikkei 225 -1128 SHARE prices in Tokyo edged down 0.1 per cent yesterday on late profit-taking after rising on news of a record high on Wall Street and hopes for a Japanese economic recovery, brokers said. "Given recent steep increases in share prices, investors became cautious in chasingAFP - 1,611 words
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KUALA LUMPUR STOCK MARKET
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Article8539 1999-03-13 19 INDUSTRIALS Consumer products t999 Last Vo4 Day N.t Cap Hm» Law Cempiny SaU •QOO High Law Pit $mM 310 270 Ajinomoto 272 2 1 272 272 15.0 110.2 83 60.5 Angkasa 61 unch 12 62 60.5 89.9 283 220 Apollo Food Hlg 220 7.7 88.0 204 136 Berjaya Land 1388,539 words
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Article, Illustration374 1999-03-13 19 AFP, AFX-Asia nComnogtc Index jjj MALAYSIAN share prices ended 1.1 per cent higher yesterday on local support but with trading thin amid uncertainty as elections began in eastern Sabah state, dealers said. The KLSE Composite Index rose 5.52 points to finish at 528.79,AFP,; AFX-Asia - 374 words
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WARRANTS, OPTIONS & REGIONAL MARKETS
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Article2052 1999-03-13 20 BONOS, LOANS ft WARRANTS 52-Wk Last Val Day Last Quota A»q High Lh Stno Company Sal* *or- COOO) Htgh Low Buyar Sallar Prtea 18 3 3)60 "Acar ******1USS 13.5 -0.5 173 14 115 13 13.5 35 4.5 3164 Acma W*****4 J6.5 -0.5 321 17 16.5 16.5 17 17 3161 AllTach2,052 words
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Article185 1999-03-13 20 R Sivanithy - WARRANT WATCH -By R Sivanithy THE Singapore Finance warrant has suddenly sprung into life, making it the latest 1999 instrument to enjoy massive interest in recent weeks (the others being Jack Chia-MPH and CK Tang). Thanks mainly to a rumour that the company may be185 words
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Article232 1999-03-13 20 HONGKONG STOCKS Or Qt 52-Wk LMt Vol Day Last Ouot« Dtv Otv VW Nat M Cap High Law Stne Company SK. COOP) High Lot. Buyar S—r Or H P/t 5m« 210 173 5123 COL (2000) HK 210 »K> 20 210 195 200 215 8 2.4 3.8 10.8 4066232 words
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Article, Illustration712 1999-03-13 20 AFP CI Composite Index -2.7 INDONESIAN share prices yesterday closed 0.7 per cent lower in thin trade with the downside capped by a late rebound in telecoms stocks. The Jakarta Stock Exchange Composite Index ended 2.7 points lower at 375.94. Turnover totalled 185.3 million shares valued at 132.41 billionAFP - 712 words
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Article, Illustration883 1999-03-13 20 AFP IHI SET Index +ojjB THAI stocks closed barely changed yesterday in directionless trade ahead of a Senate vote on key bankruptcy legislation seen as vital to healing the crippled economy, analysts said. The Stock Exchange of Thailand Composite Index rose 0.58 point to 345.79, off a high ofAFP - 883 words
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Article334 1999-03-13 20 AFP n Manila -522 PHILIPPINE share prices slipped 0.3 per cent in thin trading yesterday, with most investors opting to stay out amid a lack of corporate developments, analysts said. The Composite Index dropped 5.22 points to close at 1,945.30. Turnover was 365.44 million shares worth 704.56 million pesosAFP - 334 words
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Article423 1999-03-13 20 AFP fl Composite Index »BjB SOUTH Korean share prices closed yesterday 1.5 per cent firmer following overnight gains on Wall Street and amid bargain-hunting by foreign investors, dealers said. Daewoo Securities dealer Kim Choon Kon said pro-gram-buying helped to support the market amid steadier futures. However, there was aAFP - 423 words
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Article654 1999-03-13 20 AFP *1(18 SHARE prices rose 0.4 per cent yesterday for a second successive record close as investors reacted positively to Wall Street gains overnight, brokers said. The All Ordinaries Index closed 10.8 points higher at 2,961.3. The All Industrials Index rose 6.4 points to 5,328.3 while the All ResourcesAFP - 654 words
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Article304 1999-03-13 20 AFP Wellington +1953 SHARES ended firmer yesterday, but in a somewhat muted response to record closes offshore, with local activity dominated by Telecom Corp. The NZSE-40 Capital Index rose 19.53 points to 2,156.54 on turnover of NZ$ll2 million. Many people were out of the market, preparing for the newAFP - 304 words
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6416 1999-03-13 21 Cf Cf M Wt 52-Wk Last Vol Oay Last Quota ON ON Yld Nat Cap Avq nm> Law ltM» Cia»a«y San COOP) MH> Uar »mvc «<—r C'vr P/I >wi Prtca MULTHNOUSTRY 142 17.5 m« 1000 Acma 50c 72.5 *0.5 99 72.5 71.5 72 72.56,416 words
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Article1296 1999-03-13 21 Or 0r M Wt 32-Wk LMt Vai toy Lwt Ouota Otv Ml W M Ca» Av» High L— »tn# Cimpawy ttt» fOOO) HH» 1— 8»y«r *#8ar Cw P/K Wo MANUFACTURING 219 30 t 2049 AS Auto 10c 92.5 -0.5 234 94 91.5 913 923 15 M 7 16 8.71,296 words
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STOCK EXCHANGE OF SINGAPORE
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Article410 1999-03-13 22 Stacks VateiM S Finance Wt99 14,527,000 IMC 10,295.000 *TanChonglnt50c 8,679,000 UIC*t99 7,425,000 SembCorpI 25c 6,991,000 DBS Land 5,768,000 TACBtIO 200 5.092,000 MHE HWgs 20c 4.778,000 B8R Hldgs 5c 4,684,000 STEnqglOc 4,672,000 Stocks SPH 35,492,591 OBS Foreign 31,134,712 OCBC Foreign 18,830,025 City Dev 50c 18,095,800 DBS 16,326,350 UOB Foreign 15,206,900 OBS410 words
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Article, Illustration601 1999-03-13 22 R Sivanithy - STOCK MARKET COMMENTARY SingTel's recovery boosts index; 'odd' counters spring to life; J&rdine firms do surprisingly well By R Sivanithy WALL Street's record high on Thursday helped nudge local stocks up yesterday, although unlike previous sessions, there was no clear pattern601 words
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ON THE GRAPEVINE
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Article155 1999-03-13 22 PROMOTERS of the Renong revamp had earlier this week proposed to throw in two sweeteners for minority shareholders of United Engineers Malaysia—a transfer of 405 hectares of prime land in Johor from Renong to UEM, and the issue of in-the-money warrants to minorities. Both plans have155 words
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Article101 1999-03-13 22 PASSENGERS on a recent Singapore Airlines flight SQ2 flight to Hongkong got an unexpected thrilling ride to Macau as welL Turbulent weather over Hongkong rocked the Megatop, fluttering the hearts of passengers and inducing shrieks of laughter from a couple of kids in the101 words
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Article88 1999-03-13 22 READERS must have noticed that the consumer services divisions of three of the Big Four banks are headed by women. The steel magnolias are DBS Bank's Elsie Foh, United Overseas Bank's Sim Puay Suang and Overseas Union Bank's Gracy Choo. OCBC Bank's consumer services88 words
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Article143 1999-03-13 22 TOW truck companies around the island yesterday received a letter from the Land Transport Authority reminding them to fix an "On Tow" sign on disabled cars before they tow these vehicles past Electronic Road Pricing gantries. One suspects that the LTA missive was prompted by an143 words
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Article, Illustration62 1999-03-13 22 Wong Wei Kong - -By Wong Wei Kong TAN Chong International closed unchanged at HK$O.B5 yesterday on a volume of 8.68 million shares, compared with its 10-day traded average of 2.35 million units. The daily and weekly RSI and Stochastics as well as the MACD charts suggest that upside potential in the62 words
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Advertisement14 1999-03-13 11 Sundav Classified fgf at Clarke Quay Every Sunday, 9am spm Sdl It. Find h.14 words
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Advertisement1536 1999-03-13 13 AURIC PACIFIC GROUP LIMITED RESULTS FOR THE YEAR ENDED 31t» DECEMBER 1998 The Directors of Auric Pacific Group Limited announce the following unaudited results for the year ended 31st December 1998 A. PROFIT A LOSS STATEMENT i I I Will lljll IB' HI 11l H ■MM——— 1998 1997 Change 19981,536 words
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Advertisement67 1999-03-13 15 One of the Largest Art Gallery Come view our March collection and choose from over 300 original paintings at our 3,000 sq feet gallery in the heart of the city. Visit one of Singapore's largest gallery today. malinda Art Gallery 9 Penang Ro.»d #03-06 Park Mall Singapore *****9 (opposile Dhoby67 words
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Advertisement149 1999-03-13 15 SPECIAL FEATURE AIR Ot RAIL* SHIPPING TIMES •14 APRIL 1999 i KEEP YOUR BUSINESS □N THE RIGHT TRACK I K fesi In conjunction with Inter Airport Asia and Exporail Asia 99, Shipping Times, the exhibitions' official newspaper will for the first time publish a special feature that will highlight important149 words
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Advertisement25 1999-03-13 16 EXECUTIVE Dant leave ~o_ the office A 7»„ without them jVl(yHj2/U Every Frida v in THE BUSINESS times. y Must reading for your long weekend.25 words
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Advertisement18 1999-03-13 18 WnilmiSin' Buyin or se,Ung h The Straits Times Classified is child's Play. Call C.A.T.S. at 1800-737-1166.jS -lt I18 words
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Advertisement26 1999-03-13 19 Htu IYnt*i.ir,juM a hill <pmf I isk Wgm\ ~i--r* vr i r-rr Sj- jS3rs Wednesdays Asian View by Yang Razali Kassim Th e BusinessTi m bs26 words
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Advertisement5 1999-03-13 20 'i -.vV; 'f I TheßusinessTimes5 words
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Advertisement10 1999-03-13 21 HOCK LOCK SIEW Takes you behind the news TheßusinessTimes SINQAPORE10 words
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Advertisement282 1999-03-13 22 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I THE COMPANIES ACT CAP. SO PIVOT TECHNOLOGY PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 292 Puu Panjang Road. 103-292 Singapore *****3 on282 words
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Advertisement61 1999-03-13 22 DBS investor Online. You ve read about it, now hear us on Newsßadio 938, Mon-Fri, from B:22am. 881 )BS BANK mmmM Buy It. Sdi It. Rad It. GIVE YOUR COMPANY A HIGHER PROFILE hMsfe year Chairman's statement in the newsiwpers. R win be seen by ever a millien peeple. Susan61 words
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Advertisement17 1999-03-13 22 world-class^L acVwi Show your true colours! Use creative recruitment Ads.to enhance your corporate image. I i 117 words
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