The Business Times, 25 March 2000

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Total Pages: 24
1 24 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES MITAXE)-oa^l2/1999 65C SINGAPORE Internet: http://business-times.asia 1 .com.sg SATURDAY, MARCH 25. 2000
    14 words
  • Article, Illustration
    Lock icon CCL consortium wins int'l bid to become Astra's largest shareholder
    963 1  -  In 3 to 4 years, prized Indon group could be CCL's biggest money-spinner, surpassing its income from Mercedes-Benz Byi Christopher Tan,Shoeb Kagda in Jakarta [SINGAPORE] It could not have been more perfect had it been staged. Just three months after
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  • Article
    Lock icon MARKET SUMMARY
    69 1 □m *****0 (+19.35) mmVT-saa U 797.36 (+0.38) 800X3 FUTURES 277J0 (+0.90) STOCK MAKKETT INDICES Friday Change KLSE COUP ***** -M8 NIKKEI *****.08 +263.48 HANG SENO 17,***** +7199 SET INDEX m. 16 4«.H JAKARTA COUP 581.47 -AM MANILA COUP —1881.71 +LB TAIPEI WPI 1,482.64 4118 SEOUL COMP ***** +21J2
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  • Article
    Lock icon FINANCE
    81 1 FOREX RATES US$ St VS» 1.716 £(US$/S$per£) 1J88 1724 EURO(USS/SI/E) 9J7S 1.966 DM *911 OJU YEN 1171 1.601 RM 1099 0.411 HK» 7.7# 0.220 BAHT 17.71 0.046 KJPIAH 7,449 9.023 'Stto ICOunta St to ICO untu PUME KITES SINGAPORE* 6.80 KUALA LUMPUR 7.67 JAKARTA J9 60 BANGKOK 3M MANILA
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  • Article
    Lock icon Record net profits for banks but little buzz
    736 1  -  Market not impressed as share prices drop 12-33% in nnder 3 months By Siow Li Sen [SINGAPORE] Singapore's five listed banks posted impressive record net profits totalling $3.2 billion for 1999, but the reaction from the market continues to be one of
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  • Article, Illustration
    Lock icon Savour the Arts Fest's strong regional flavour
    674 1  -  Over half of $5.6 m programme devoted to Asian works this year By Aaron Lye [SINGAPORE] With more than half of this year's Arts Festival programme devoted to Asian works, the mission to turn Singapore into an international arts hub with a distinctive
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  • Article
    Lock icon Stock traders can now trade SiMSCI directly
    360 1  -  But they can only do so for their own account By ron R Sivanithy Liners ana remisiers of stockbroking firms now have a new avenue open to them to make money or hedge their risks the futures market. Thanks to the latest moves
    360 words
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  • NEXT page
    • Article, Illustration
      Lock icon Tragic error if banks ignore Internet
      756 2  -  Don't stick to believing bricks and mortar branches, Federal Reserve Bank of New York president cautions at MAS Lecture Reports byi Catherine Ong [SINGAPORE] Banks which ignore electronic commerce and the challenges of the Internet will make a "tragic strategic error", said William McDonough,
      ARTHUR LEE  -  756 words
    • Article
      Lock icon New Basel Accord on credit risk norms to be ready by 2003
      349 2 [SINGAPORE] A new Basel Accord to ensure thit the level of capital in banks adequately reflects credit risks wilUfeaut in plicSM3oo3,* saidjffopUS bairirtog regulator.---' 9— Speaking at the MAS Lecture, William McDonough, president of the Federal Reserve Bank
      349 words
    • Article
      Lock icon Hin Leong denies involvement in illegal Iraqi oil deal
      410 2  -  US detains 3 men on charges of conspiring to bny the oil By Eugene Low [SINGAPORE] Local oil trader Hin Leong Trading Pte Ltd has denied any involvement in a conspiracy to illegally purchase Iraqi oil. Three Asian businessmen, including a
      410 words
    • ON THE grapevine
      • Article
        Lock icon Star draw
        155 2 MOBILEONE is having a big bash at Boat Quay for its customers on March 31 to mark its third anniversary. In true Ml style, the party will be a razzmatazz complete with champagne and fireworks. In the dog-eat-dog world of telecoms, Ml spies are sniffing around to find
        155 words
      • Article
        Lock icon Getting media-savvy
        115 2 UNITED Overseas Bank is another listed company that is fast appreciating that in today's liberalised environment, it pays to engage journalists and investment analysts. This week, its media relations people were busily calling up reporters individually to invite them to the bank's results press conference. This adds a
        115 words
      • Article
        Lock icon Scratch and smell
        86 2 WORKERS at Rover's Longbridge plant in central England are apparently so unhappy with BMW's turnaround decision to sell the company that some of them are vandalising the cars they're building. Word has it that some have stuffed cheese into hard-to-reach cabin compartments and scratched the engines. The
        86 words
    • Article
      Lock icon Astra to bring returns this year: CCL
      398 2  -  Astra's cashflow sufficient to meet its commitments in next 12 months By Christopher Tan [SINGAPORE] Cycle Carriage Ltd expects the returns from its Astra investment to start streaming in from this year, but that they will only gather steam from 2002 or so.
      398 words
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      Lock icon Page 3 Advertisements Column 1
      176 3 Our heartfelt thanks to all our supporters tor this prestigious S-star Award from the Vietnam National Administration of Tourism. '..if' i To celebrate this joyous occasion, come stay with us at a very special rate. .;n«f •VQfcP 5-STAR PACKAGE I NSSS nett for IX'luxe Rtx>m per night and you will
      176 words
  • SINGAPORE companies
    • Article, Illustration
      Lock icon UOB posts record profit of $760m, 45% dividend
      823 3  -  Results surpass expectations; best ROE among 5 listed local banks, seen hitting 15-16% next Byi Siow Li Sen UNITED Overseas Bank yesterday unveiled a better-than-expected record profit of $760 million for 1999, up 130 per cent, on the back of lower provisions
      SIEW YAW HOONG  -  823 words
    • Article, Illustration
      Lock icon Creative closes at new high of $59.50 here
      224 3  -  By Jennifer Lien CREATIVE Technology rose $5.60 yesterday to close at an all-time high of $59.50. Already the Singapore Exchange's most expensive stock in dollar terms, Creative is now 50 cents away from breaching the $60 mark, double its value just three
      Source: Bloomberg  -  224 words
    • Article, Illustration
      Lock icon UOB makes chairman's son No 2
      376 3  -  By Siow Li Sen THE son, it seems, is at last recognised as the heir apparent as Wee Cho Yaw, United Overseas Bank's chairman, yesterday made Wee Ee Cheong the banking group's deputy chairman and president. The chairman's eldest son moved up to second
      FILE PHOTO  -  376 words
    • Article, Illustration
      Lock icon Omni scores 80% profit jump to $29.6m, beating expectations
      560 4  -  Analysts had expected group's net earnings to rise by only 65% By, Jennifer Lien CONTRACT manufacturer Omni Industries yesterday reported a net profit jump of 80 per cent in 1999 to $29.6 million, exceeding analysts' expectations. Analysts polled by Barra Global
      CHRIS LOH  -  560 words
    • Article
      Lock icon Wing Tai posts $23m H1 net profit
      648 4  -  Helped by provision writebacks, lower interest charges By Kalpana Rashiwala A 516.2 million provision writeback and lower interest expenses charged to the profit and loss account helped property group Wing Tai return to the black at the half-way mark. It posted a $23.3
      648 words
    • Article
      Lock icon YHS reports whopping $63m bottomline loss
      309 4  -  By Audrey Tan THE rationalising and restructuring of its food and beverage business have led Yeo Hiap Seng (YHS) to report a whopping $62.9 million bottomline loss for the year ended Dec 31. In all, the company registered $65.4 million in extraordinary losses from
      309 words
    • Article
      Lock icon No gain, but much pain for BMW; even after Rover sale
      727 4  -  \\VJM'A lock slew christopher tan IN THE entire sorry saga of Rover which led to its sale last week, you can accuse BMW AG of a number of things indecision, poor planning, high expectations, softness, or even plain silliness
      727 words
    • Article
      Lock icon Century Square sale helps FCC post $49m interim net
      469 4  -  Byl Kalpana Rashiwala FIRST Capital Corporation's disposal of its Century Square mall through asset securitisation helped it achieve a group net profit of $49.2 million for the six months ended December. This is nearly 90 per cent of the $55.5 million
      469 words
    • Article
      Lock icon HPL returns to black with earnings of $9.2m last year
      269 4  -  But turnover down 25% on lower property income By Carol Eng HOTEL Properties Ltd (HPL) bounced back into the black last year with a $9.2 million net profit, against loss of $11.1 million in the previous year. That significantly beat
      269 words
    • Article, Illustration
      Lock icon Schroders taking 20% stake in Osprey Maritime
      571 5 Group posts USsl92m net loss; proposes rights issue and capital reduction OSPREY Maritime yesterday unveiled a valiant plan to inject new capital and clean up its balance sheet. The company said in a statement yesterday that it is roping in Schroders as a
      ARTHUR LEE  -  571 words
    • EARNINGS Briefs
      • Article
        Lock icon Li Xin profit jumps 144%
        87 5 LI Xin Industries yesterday posted a huge 144 per cent jump in net profit to $5.3 million from million in 1996 on higher turnover and increased efficiency. Turnover came to $174.2 million, up 93 per cent from >90.1 million previously. Earnings per share improved from
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      • Article
        Lock icon Prima reverses losses with $32m profit
        101 5 PRIMA yesterday said it bounced back into the black, posting a profit of $32.4 million versus a loss of $17.9 million last year. Earnings per share was 86.4 cents compared to a loss per share of 47.7 cents in 1996. Net tangible assets edged
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      • Article
        Lock icon MIT posts 22% earnings rise
        82 5 MANUFACTURING Integration Technology said it posted a 21.6 per cent improvement in net profit from $5.4 million to $6.6 million last year on a 22.7 per cent rise in turnover to $38 million. Earnings per share rose from 3.28 cents to 3.88 cents while net
        82 words
      • Article
        Lock icon Rotary's net up 11%
        103 5 ROTARY Engineering reported an 11 per cent rise in full-year net profit to $7.7 million from $6.9 million. Turnover, however, shrank 29 per cent to $105.7 million, from $148.9 million. The company attributed the improved profitability to its completion and finalisation of major projects, cost savings,
        103 words
      • Article
        Lock icon CWT's net income rises 17%
        94 5 CWT Distribution's net profit rose 17 per cent last year from $6.7 million to $7.9 million, it said yesterday. It also booked an extraordinary loss of $420,000f0r provision for a foreseeable loss by a subsidiary, bringing bottom-line gain to $7.4 million. Turnover crept up 7
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      • Article
        Lock icon Superior Metal earnings soar
        80 5 SUPERIOR Metal Printing said net profit jumped 152 per cent from $2.2 million to $5.5 million despite turnover falling 13 per cent to $63.4 million. An extraordinary loss of $788,000 pulled bottom-line earnings down to $4.7 million. Earnings per share more than doubled to 3.04 cents
        80 words
      • Article
        Lock icon Falmac cuts losses to $2.2m
        61 5 FALMAC yesterday cut its losses by $473,000 to post a net loss of $2.2 million, thanks to effective cost management and improved sales. Turnover rose 70 per cent to $25.3 million while loss per share was 3.44 cents compared to a loss of 4.4 cents
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      • Article
        Lock icon Wepco's profit surges
        100 5 whFCO yesterday posted a 400 per cent surge in net profit to $629,000 from $126,000 in 1998, even though revenue grew a negligible one per cent to $7.1 million. The group attributed its improved performance to reduced operating expenses due to production efficiency and improved margins. Earnings
        100 words
      • Article
        Lock icon 17% profit dip at Tiong Woon
        70 5 HEAVY lift and haulage specialist Tiong Woon Corp yesterday reported a 17 per cent dip in net profit to $1.3 million for the half year ended Dec 31. Group turnover, however, increased 4 per cent to $16.6 million. Earnings per share remained unchanged at
        70 words
      • Article
        Lock icon Aztech still in the red
        83 5 AZTECH Systems remained in the red with a $4.6 million net loss for the year to Dec 31. The previous year, the group had posted a $16.2 million loss. Sales declined 19 per cent to $171 million. Loss per share was L 2 cents, compared
        83 words
    • Article, Illustration
      Lock icon OCBC's Savers India Fund to undertake 3-for-1 split of units
      665 7  -  The move should make the price more attractive to retail investors By( Genevieve Cua THE high-flying Savers India Fund of the OCBC Asset Management stable of unit trusts will undertake a three-for-one split of the fund's units, a move which
      FILE PHOTO; Source: Standard & Poor's Fund Services  -  665 words
    • Article
      Lock icon Golden Agri's profit up 42% on higher edible oil sales
      259 7 GOLDEN Agri-Resources Ltd, which sells palm oil to McDonalds Corp, Nestle SA and Procter Gamble Co, said its profit rose 42.5 per cent in 1999, boosted by increased sales of the edible oil. Profit for the year ended Dec 31
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    • COMPANY Briefs
      • Article
        Lock icon CDP keys in 130,000 CLOB acceptances
        105 7 IN REPLY to queries from press, the Central Depository said yesterday that more than 130,000 acceptances for Effective Capital's offer to unfreeze Clob shares have been keyed into its system already. The CDP reminded investors that this would be the last weekend for them
        105 words
      • Article
        Lock icon EC clears Virgin buy by SIA
        39 7 AFX-Asia l Hfc, European Commission said it has cleared Singapore Airline's (SIA) acquisition of a 49 per cent stake in the Virgin Group's Virgin Atlantic Airways as the airline's activities are largely complementary.—AFX-Asia
        AFX-Asia  -  39 words
      • Article
        Lock icon HBM trims loss to $647,000
        91 7 AFTER deducting $1.5 million for extraordinary items, HBM Print posted a lower bottomline loss of $647,000 from $2.2 million in 1998. Turnover fell 24 per cent to $17 million due partly to the disposal of its Australian subsidiary in the second half of 1998. Earnings
        91 words
      • Article
        Lock icon Gen Mag profits multiply five times
        72 7 DESPITE registering a 7 per cent dip in turnover to $35.7 million, General Magnetics saw its net profit grow almost fourfold to $4.7 million for the year to Dec 31. Earnings per share increased from 1.3 cents to 4.7 cents. Net tangible assets per
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      • Article
        Lock icon Corrections and clarifications
        149 7 IN BT's Feb 8 article, "Thai Lam Soon chief faces new threat", we reported that Hap Seng directors were divided, with at least one director backing Lam Soon (Thailand) chairman Whang Tar Liang, and a few other directors throwing in their lot with the rival group. A
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      Lock icon Page 4 Advertisements Column 1
      286 4 THE COMPANIES ACT, CAP 90 GEJA SHIPPING ft TRADING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At the Extraordinary General Meeting erf GEJA SHIPPING TRADING PTE CTD duly convened and held at 711 Geytang Road #03-04, Singapore *****6 on Saturday the 18 March 2000 the following special resolutions set out below
      286 words
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      Lock icon Page 4 Advertisements Column 2
      27 4 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. CATS. Another Classified Service
      27 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 3
      42 4 INVESTORS WANTED! INVESTMENT OPPORTUNITY RETURN 25 30% PA 1 SSOOKSIM j t Genuine Investors, please ring: i Kim Clarke (Ciwit until March) Direct Line 233 1839 Business Centre, Suite 7 Hand-held *****764 fej Giand Copthorne Waterfront Hotel j 392 Havelock Rd, Singapore
      42 words
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      Lock icon Page 5 Advertisements Column 1
      110 5 QJin a Mercedes-Benz R-Class Register now at speed, com. sg speed.com.sg is Singapore s first industrg specific mega portal and e-commerce platform for the motor uehicle industry. SPEED stands for System to Process Electronic Enquiries and Data and connects consumers to a in brant community of e commerce uendors and
      110 words
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      483 6 Stock* Volume Vickm Caprtal 25c 34,707,000 NOL 16,551,000 Fastoch US10c 15,258,000 MediaRing 10c 14,053,000 KappeiCorp .13,501,000 MMI HkJge 10c —13,306,000 Goldtron20c 9,850,000 CWTWtOO 9.198,000 GES lnflUd20c 8,004,000 DBS Land r 7.839,000 StOftkl PadficCentury 105,323,606 KeppelCoip ...54,008.185 Victors Caprtal 25c 33,048,385 TACBI***** 28,838.090 Datacraft 10c 25,994,563 GES Intf Ltd 20c 25,538,500
      483 words
    • Article, Illustration
      Lock icon IOI warrant worth another look for its decent numbers
      194 6  -  WABRAMT WATCH By\ R Sivanithy WE'VE highlighted the various innovations Malaysian companies have incorporated into their warrants before but today's feature takes first prize as far as flexibility is concerned. 101 Ltd's warrants have not only seen their life span extended,
      194 words
    • Article, Illustration
      Lock icon Volume exceeds $600m, but why're the phones silent?
      552 6  -  STOCKS r.sivanithy IN the good old days when daily trade crossed $600 million, dealing rooms would turn into a beehive of activity. Phones would ring non-stop as clients called in to confirm orders, or just to check on the state of the
      552 words
    • Article, Illustration
      Lock icon Vickers Cap: Next resistance is $1.13
      231 6  -  HOT STOCK By Wong Wei Kong SHARES of Vickers Capital rose sharply yesterday to finish as the most active issue and among the biggest gainers. Vickers Capital's shares closed up 16.5 cents or 19 per cent at $1.03. The stock opened at 86.5 cents
      231 words
    • Article
      Lock icon Market Notices
      155 6 FIRST Engineering: Proposed bonus issue on the basis of one-for -one, in-principle approval has been granted by Singapore Exchnage. ALLGREEN Properties will be trading ex-dividend (final dividend of 2.5 cents) on June 5. Last day for buying-in on a cum basis is on June 8. Date payable is
      155 words
    • Article, Illustration
      Lock icon US$ slides against euro, yen but rises against most Asian currencies
      304 6 AFP [SINGAPORE] The US dollar ended lower to the euro and yen in Singapore trade yesterday, dealers said. The euro ended trade here at U550.9712, up from its Thursday close of U550.9622. It opened here at U550.9724, according to
      AFP; FILE PHOTO  -  304 words
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      Lock icon Page 6 Advertisements Column 1
      83 6 BUY<* SELL/ HNb* Classified ads can get you stereo Classified ads are purr ...feet for equipment for a song. finding lost little kittens. Classified ads make vacation Classified ads put home-seekers hunting relaxing. on solid ground. Classified ads can speed up Classified ads make just about your search for the
      83 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 2
      20 6 Looking for a forum to talk stocks? Chatline is the place to be. Find us at http //iol dbs.com.sg/. ODBSBANK
      20 words
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  • Article
    Lock icon BT SHARE information service
    4477 7 Notoora m Ming WahUSS Fab 22 P 17.192 112*3 8.91 6.87 Data TY LY TV LY MOIL US$ Fab 15 P 17.400 4.4004. 2.46 061 Cinwy ann (las) (8m) lets) (e«») MuHl-Chafn Marts P 7.881 XI09 589 0 V4 P 42.964 24.173 21J 12.0 AM Hldgs
    4,477 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Bank liberalisation review in 2 years
      944 8  -  Govt also to take farther steps to encourage Singapore banks to consolidate, says BG Lee Conrad Raj THE government will re-evaluate its banking liberalisation programme in two years and take further steps in its efforts to encourage local banks to consolidate. This was disclosed
      944 words
    • Article
      Lock icon S'pore govt in China high-tech fund tie-up
      266 8  -  From Quak Hiang Whai in Hongkong TEMASEK Holdings and Vertex Management, both controlled by the Singapore government, have teamed up with red chip Shanghai Industrial Holdings (SIHL) to set up a venture fund to invest in high-tech projects in the Greater China region.
      266 words
    • Article
      Lock icon S'pore-Japan free trade deal gets a boost
      458 8  -  The Keid&nren hopes it will help quicken trade liberalisation within Afta By, Audrey Tan THE powerful Japan Federation of Economic Organisations, the Keidanren, has thrown its weight behind a Singapore-Japan Free Trade Agreement (FTA), saying it will help accelerate trade liberalisation within the
      458 words
    • Article, Illustration
      Lock icon Tourist Mow up 16% in February
      266 8  -  P=H =4 on the economy tourist arrivals By Audrey Tan A strong inflow of tourists from both Asian and OECD countries drove the number of visitors to Singapore up 16 per cent in February, figures released yesterday by the Singapore Tourism Board (STB) show.
      Source: STB  -  266 words
    • Article
      Lock icon Power dip causes production, bank services disruption
      313 8 IT lasted only a blink of an eye, but a power dip which hit most parts of Singapore yesterday afternoon disrupted production in some electronics and petrochemical companies as well as services in several banks. "Quite a few" companies on Jurong Island, Singapore's
      313 words
    • Article
      Lock icon SIA to help sell Indonesia
      129 8 SINGAPORE Airlines plans to spend US$3 million (Sss.l million) over the next two years to promote Indonesia as air traffic between Singapore and Indonesia continues to recover. A formal agreement was signed on Thursday between the national carrier and the Indonesian government which will contribute
      129 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      909 8 Announcement Final Results The Directors of CWT Distribution Limited wish to make the following Announcement: UNAUDITED RESULTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 1999 GROUP COMPANY 1999 1996 1999 1996 +A-) $'000 000 $'000 $'000 Turnover 155.245 144.879 7 62.520 66.300 (6) Interest income 897 1,241 (28) 1.290 2,005
      909 words
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  • MAIL bag
    • Article
      Lock icon Budgetary surpluses stunt entrepreneurship
      524 9  -  Ong Yang Peng Singapore MUCH has been spoken about the lack of entrepreneurial drive in Singaporeans. Reasons have been given but they seem to evade the big picture that causes entrepreneurship in Singapore to be stunted. I see the distribution of wealth between the government and
      524 words
    • Article
      Lock icon Did OUB really turn around?
      122 9  -  Bob Anderson Singapore I AM not an analyst. I just track business news as a matter of interest. I must therefore defer to those who make a living reporting the business news. But I did not want to let it pass that I do believe
      122 words
    • Article
      Lock icon TMC International's NTA in 1999 rose, not fell
      299 9  -  Chin Kon Yuen Managing Director Chief Executive Officer TMC Int'l Holdings Ltd I REFER to your report on the financial results of TMC Int'l Holdings Ltd in your newspapers yesterday, "TMC earnings down 30% to $1.6 m". Your statement that the net
      299 words
    • Article, Illustration
      Lock icon Off-line investors need level playing field too
      202 9  -  Denis Distant Singapore I REFER to the letter "Why SGX asked brokers to stop reward schemes" from the SGX (BT, March 21) which mentioned that brokers Lim Tan Securities were stopped from rewarding their online customers in order to provide a level playing
      FILE PHOTO  -  202 words
    • Article
      Lock icon NatSteel has other options
      174 9  -  Lim Beng See Senior vice-president Corporate Communications Nat Steel Ltd WE refer to your Hock Lock Siew column yesterday, "Will NEL be start of trend of foreign owners taking over GLCs?" We wish to inform you that it is incorrect that Temasek Holdings has a 17
      174 words
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      Lock icon Page 9 Advertisements Column 1
      1130 9 WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Announcement of unaudited results for the six months ended 31 December 1999. GROUP COMPANY Six months ended Six months ended 31 Dec 1999 31 Dec 1998 31 Dec 1999 31 Dec 1996 SIQOO SS'OOO SS'OOO SS'OOO 1 (a) Turnover 160,641
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  • e News
    • Article
      Lock icon Worldwide sweep for Net fraudsters
      540 10 WASHINGTON US coordinates action against 1,600 suspect Web sites in 28 countries FT A WORLDWIDE sweep to target fraudulent, get-rich-quick schemes on the Internet has been orchestrated by the US Federal Trade Commission (FTC) with the help of several international agencies. The sweep across 28
      FT  -  540 words
    • Article, Illustration
      Lock icon Cheung Kong makes HK$4.8b paper gain
      437 10 HONGKONG Bloomberg CHEUNG Kong (Holdings) Ltd, Hongkong's biggest property developer by market valuation, said it has made a paper profit of HK$4.B billion (Ssl.l billion) from its investment in Internet start-up tom.com Ltd, even though the unit remains unprofitable. The company now owns 15
      Bloomberg; FILE PHOTO  -  437 words
    • Article
      Lock icon Sino Land to set up global Internet incubator network
      383 10 HONGKONG It's also wiring up its HK properties with the latest technology Reuters IN a move to embrace the "new economy" and boost returns, property developer Sino Land Co Ltd is setting up Internet incubators around the world and wiring up
      Reuters  -  383 words
    • Article
      Lock icon SEC probing fake Lucent profit warning on Yahoo
      548 10 WASHINGTON Lucent shares fall after phony posting from anonymons user Bloomberg THE US Securities and Exchange Commission said it's investigating a fake profit warning on a Yahoo! Inc message board that was designed to look like a press release from Lucent Technologies.
      Bloomberg  -  548 words
    • e Briefs
      • Article
        Lock icon Yahoo, eBay resume merger talks
        117 10 Reuters [LONDON] Yahoo Inc and online auctions group eßay Inc have resumed merger talks, the Financial Times reported yesterday. It said both companies had declined comment but cited sources close to them as saying the talks, which it said had collapsed earlier this month, had
        Reuters  -  117 words
      • Article
        Lock icon Softbank to sell 300b yen in new shares
        77 10 Bloomberg (TOKYO] Softbank Corp, one of the world's biggest v Internet investors, plans to sell 300 billion yen (Ss4.B billion) in new shares by the end of April, the Nihon Keizai reported, citing unnamed people at the company. Softbank shares fell as
        Bloomberg  -  77 words
      • Article
        Lock icon Times of India, Citibank set up portal
        105 10 AFP [NEW DELHI] India's biggest media concern, the Times Group, and US-based Citibank have set up a joint venture to create a financial services portal, newspapers reported yesterday. The Times of India newspaper quoted its chairman Vineet Jain as saying the joint venture
        AFP  -  105 words
    • Article
      Lock icon Cyber Agent fails to sizzle in Tokyo debut
      280 10 TOKYO Reuters. CYBER Agent Ltd bucked the trend of recent dazzling debuts on Tokyo's new Mothers market, turning in a modest performance yesterday and signalling that Japan's Internet initial public offer (IPO) market may be growing out of its infancy stage. Cyber
      Reuters.  -  280 words
    • Article, Illustration
      Lock icon Eidos hit
      73 10 [LONDON] Shares in computer games company Eidos pic, famous for its hit Tomb Raider game starring cyber babe Lara Croft (above), crashed yesterday after the company warned of furtherfinancial clangers ahead due to the transition to a new generation ofgaming platforms. The company said second halfoperating profits would
      REUTERS  -  73 words
    • Article
      Lock icon Samsung plans 2t won biotech expansion, says report
      326 10 SEOUL Bloomberg SAMSUNG, which has spent the past two years streamlining South Korea's second largest industrial group, said it plans to develop biotechnology into one of its core businesses. Samsung Group plans to invest 2 trillion won (Ss3.l billion) over the next
      Bloomberg  -  326 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon ChinaTel says it didn't back HKT bid by CyberWorks
      493 11 HONGKONG It refutes FEER report that its chairman, GOO, a bank official and an SFC member discussed the bid at a lunch with Richard Li Bloomberg CHINA Telecom (Hong Kong) Ltd, China's largest mobile phone company, has denied a Far Eastern
      Bloomberg; FILE PHOTO  -  493 words
    • Article
      Lock icon China Telecom to spend US$6b on mobile service
      151 11 HONGKONG Bloomberg CHINA Telecom (Hongkong Ltd), the world's third largest mobile telephone operator by market value, said it plans to spend about US$6 billion (5110.2 billion) during the next two years to develop its mobile telephone businesses in China. The company is
      Bloomberg  -  151 words
    • MARKET moves
      • Article
        Lock icon Hap Seng gains from Lam Soon's pain
        103 11 SHARES of Malaysia's Hap Seng Consolidated, actively traded in the last few weeks, chalked up 12 sen to RM3.60 apiece on expectations that it might emerge the victor in the family squabble over control of Singapore's Lam Soon Cannery. BT reported yesterday that
        103 words
      • Article
        Lock icon Sapura seen buying two ISPs
        54 11 SAPURA Telecommunications share price jumped 90 sen to RM12.50 on reports that it will soon seal a deal to buy two major Internet service providers one each in Australia and the Philippines. Sapura is currently involved in developing a multimedia package called General Office Environment
        54 words
      • Article
        Lock icon Investors ignore RHB chief's lead
        89 11  -  Compiled by Eddie Toh INVESTORS paid little attention to Chemical Company of Malaysia (CCM) despite news that top banker Rashid Hussain, through Dimensi Bersatu, has bought a 13 per cent stake in the company for RMISO million (5567.7 million). CCM's share price inched up 10
        89 words
    • Article
      Lock icon There's a twin for every SE-Asia nation in Europe
      1001 11  -  karim raslan The writer is a Kuala Lumpur-based lawyer AS Asians, we tend to think of our own world as being unique. When we're around Americans, we love to drone on about the distinctiveness and sophistication of our ancient civilisations. In
      1,001 words
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      Lock icon Asean plus three agree on Asian support fund
      331 11 BANDAR SERI BEGAWAN The grouping with Japan, China and Korea say the fond is meant to fight financial crises AFP SOUTH-EAST Asia as well as Japan, China and South Korea yesterday agreed to form an Asian support fund to help regional economies
      AFP  -  331 words
    • Article
      Lock icon Shangri-La Asia's earnings in '99 jump 30% to US$67m
      281 11 HONGKONG Reuters HOTEL group Shangri-La Asia Ltd said yesterday its profits were growing again, thanks to Asia's economic recovery. Net earnings in 1999 jumped 30 per cent to U5567.27 million (*****.3 million) from 1996's U5551.91 million, shooting just past the top
      Reuters  -  281 words
    • Article, Illustration
      Lock icon Asia's leading stock markets to do well for rest of year: poll
      677 12 LONDON Analysts in South Korea are most upbeat, bnt those in Japan also predict healthy gains Reuters ASIA'S leading stock markets should all do well for the rest of this year as the crisis of the late 1990s
      Reuters  -  677 words
    • Article
      Lock icon India eases foreign buyouts for tech firms
      393 12 NEW DELHI Reuters THE Indian government, in a decision keenly awaited by software firms, said on Thursday that it had liberalised controls on overseas acquisitions by companies in knowledge-based industries. The decision was expected to aid acquisitions abroad by companies like Infosys Technologies
      Reuters  -  393 words
    • Article
      Lock icon Clinton lauds India's infotech boom, warns of cyber-divide
      372 12 HYDERABAD, India AFP PRESIDENT Bill Clinton heaped praise on India's information technology revolution yesterday but warned of the dangers of creating new social divides between the infotech haves and have-nots. "Today, in this ancient city we see leadership to drive the world's
      AFP  -  372 words
    • Article
      Lock icon HK raises rates by quarter point to 4.25%
      222 12 HONGKONG Bloomberg THE Hong Kong Association of Banks followed the US Federal Reserve's lead and raised interest rates by a quarter point, aiming to stave off any weakness in the Hongkong dollar peg to the US dollar. The association yesterday increased short-term
      Bloomberg  -  222 words
    • Article
      Lock icon Chen says he won't declare independence
      355 12 TOKYO No referendum so long as China doesn't plot invasion: president-elect AFP TAIWAN president-elect Chen Shuibian vowed to steer clear of declaring independence so long as China made no plans to invade, according to an interview published here yesterday. "I will not promote the
      AFP  -  355 words
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      Lock icon Lee Teng-hui quits top KMT post, bowing to pressure
      282 12 Bloomberg, AFP [TAIPEI] Taiwan President Lee Tenghui resigned as chairman of the Nationalist Party, bowing to pressure from party leaders and the rank-and-file who blame him for the party's crushing presidential election defeat. Mr Lee said he took ftill responsibility for
      Bloomberg,; AFP; REUTERS  -  282 words
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      914 11 [notices To advertise call toll-free 1800-741 1883 Fax No: 741 1298 V NOTICE OF SPECIAL RESOLUTIONS HURAYA INTERNATIONAL PTE LTD At an Extraordinary General Meeting of the members of HURAYA INTERNATIONAL PTE LTD, duly convened and held at 20 Dafvey Estate Singapore *****3 on 24 March 2000, the folowing resolutions
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  • WORLD news
    • WORLD Watch
      • Article
        Lock icon US factory orders down in Feb
        61 13 Bloomberg [WASHINGTON] US factory orders for durable goods fell for a second straight month in February because of weaker demand for aircraft, machinery and metals, government figures showed yesterday. Orders dropped 2.3 per cent last month to U*****.4 billion (*****.4 billion) after a revised
        Bloomberg  -  61 words
      • Article
        Lock icon Robert Fleming mum on takeover talks
        54 13 Reuters [LONDON] British-based investment banking group Robert Fleming was tight-lipped on Thursday over a report US bank Chase Manhattan was in talks to acquire it. The Financial Times said the discussions were at an advanced stage. A Flemings spokesman said he would not comment
        Reuters  -  54 words
      • Article
        Lock icon Sony video game unit opens new plant
        68 13 AP [TOKYO] Sony Corp's video game unit yesterday opened a new 70 billion yen (Ssl.l billion) plant to produce high-performance semiconductors for its PlayStation2 game machines. The plant was completed in Isahaya, 967 km south-west of Tokyo, said a spokeswoman for Sony Computer
        AP  -  68 words
      • Article
        Lock icon FedEx Q3 earnings rise 37%
        50 13 Bloomberg [MEMPHIS, Tennessee] FedEx Corp, parent of the world's largest overnight-delivery company, said fiscal third-quarter earnings climbed 37 per cent, more than forecast. Profit from operations climbed to US$lO7.l million (*****.1 million) in the quarter ended Feb 29 from US$7B million a year earlier. —Bloomberg
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    • Article, Illustration
      Lock icon News Corp denies report on bid for GM
      360 13 NEW YORK AFXAsia [NEW YORK] News Corp is muUing a bid for the whole of General Motors Corp in an effort to gain control of its GM Hughes unit's DirecTV, said David Faber at CNBC on Thursday. "As crazy as it might
      AFX- Asia; AP  -  360 words
    • Article
      Lock icon EU raids offices of major brewers in price-fixing probe
      232 13 BRUSSELS Documents seized from Heineken and Interbrew offices Reuters THE European Commission said yesterday it had raided the Dutch and Italian offices of major brewers, including Heineken, Carlsberg and Interbrew, as part of an ongoing probe into price fixing across Europe.
      Reuters  -  232 words
    • Article
      Lock icon US blue chips regaining investors' respect
      557 13 NEW YORK Both 'old' and 'new 9 economy stocks help Dow close above 11,000 first time since Feb 3 LAT-WP THE Dow Jones Industrial Average, which got little respect from investors these last few weeks, has been making a comeback of late with help
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    • Article
      Lock icon Fed chief's acumen being questioned
      741 13 WASHINGTON His assertion that rising productivity has serious side effects draws flak Reuters HAVING acquired an almost god-like status on both Wall Street and Main Street, Federal Reserve chairman Alan Greenspan is experiencing an unusual sensation: His economic acumen is being openly criticised. "Loony", "dubious"
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      Lock icon Morgan Stanley Q1 profits jump 49% to US$1.5b
      325 13 NEW YORK Reuters SECURITIES firm Morgan Stanley Dean Witter Co on Thursday said its fiscal firstquarter profits rose 49 per cent, surpassing expectations, driven by record results in its stocks business and strong investment banking fees. Morgan Stanley, the No 2 US
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      Lock icon AIG chief gets US$28m for 1999, less than 1998
      285 13 NEW YORK Bloomberg AMERICAN International Group Inc, the largest US insurer by market value, paid its chairman, Maurice Greenberg, U5527.6 million (5547.3 million) in 1999 as the company's stock rose to record levels. Mr Greenberg's pay was down from the U5535.4
      Bloomberg  -  285 words
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      Lock icon Checking out the king of fairs
      88 13 [HANOVER] The face of Martine Teuscher, export manager of the French company Debalme Numeric, being reflected in a chessboard with small mirrors and several products during the industrial fair "Hannover Messe "yesterday. The precision screw-machining specialist company Debalme Numeric manufactures every month more than
      AP  -  88 words
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  • FINANCE & commodities
    • Article
      Lock icon Futures stay within four-point range
      297 14  -  SGX Derivatives Tradlng/te/jorfc MSCI Singapore Index Daphne Tay Jardine Fleming THE Singapore stockmarket closed higher yesterday inspired by Wall Street's strong overnight performance. Technology issues glowed, with Creative surging a hefty 10.39 per cent on the back of Nasdaq's gains. Cycle Carriage rose 12.89 per
      297 words
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      Lock icon Futures fall as rate hike hits stocks
      236 14  -  MSCI Taiwan (Mores Kelly Loh Refco Singapore TAIWAN stocks ended a three-day post-election raUy to close lower yesterday, after the central bank raised its key interest rates for the first time since July 1997. The Tafwan Stock Exchange Weighted Price Index feU 51.23
      236 words
    • Article
      Lock icon Oil rises in volatile trade
      194 14 ENERGY REPORT Reuters [LONDON] VolatUe oU prices swung higher yesterday as the United States made a last-ditch effort to persuade the Organisation of Petroleum Exporting Countries (Opec) to agree to a big output hike at a cartel gathering next week. Benchmark Brent crude was 60
      Reuters  -  194 words
    • Article
      Lock icon CURRENCY REPORT
      342 14 Reuters THE euro was battling near its day's lows against other major currencies early yesterday as dealers turned their attentions to strong US economic fundamentals. Earlier in the day the euro had leapt to three-week highs against the US dollar and the yen in the wake of gains
      Reuters  -  342 words
    • Article, Illustration
      Lock icon Untitled
      1195 14 MTEEBAITK CROSS RATES M ar24 AS CS tl [are Ffr Dm HK$ IKM#Ht Ym Wow m HSNfcH H» S$ U* SftllTIM**— Utt Australia 0391 1040 0.625 4.095 1.221 4727 ***** ***** 0.651 1731 2.307 L243 31.4T8 24.045 1041 1937 1999 ***** 22.941 0282 1607 Canada 1122 1653 1701 4.594 1370
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      Lock icon Untitled
      1782 14 8100M FUTURES Mar 24 RUBBER (Mwtsctataq as at SJOpa) nSI€OmMCT(ScMtiA« ON VoImm Open 1M4 i. JkhiAft i WW IBfi IJWI iW fWiJ ■Wwlw Apr 00 115.25 Hay 00 VT25 Jan 00 ***** 600 00 ***** MO RSSICWTtACTOffcMMM) Mm OpM Meatii Wfd Low tett (tooMs) tataraat Apr 00 66.50 000 IfeyOO
      1,782 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Hang Seng rises by 0.4% on Wall St gains
      2784 15 HONGKONG AFP H Hang Seng *7199 HONGKONG share prices rose 0.4 per cent yesterday following overnight gains on Wall Street, dealers said. "The market was boosted by overnight gains on Wall Street," said Kitty Chan, fund managers at APC Investment and
      AFP  -  2,784 words
    • Article
      Lock icon New investment trusts boost Nikkei
      1983 15 TOKYO AFP PKOdMi22S +253.48 SHARE prices in Tokyo closed 1.3 per cent higher yesterday as buying interest spread across the board with the establishment of new investment trusts, brokers said. The Tokyo Stock Exchange's Nikkei 225 Index rose 253.48 points to close at 19,958.06. But
      AFP  -  1,983 words
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      Lock icon CHINA
      976 15 Reuters f% Shenzhen B Index +2J3 CHINA'S hard currency B shares closed mixed yesterday as rumours faded that the government would soon allow the setting up of B Share funds, brokers said. a Shenzhen's B Index rose 2.13 points or 2.41 per cent to 90.46 points, but ended well
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  976 words
    • Article
      Lock icon TAIPEI
      344 15 AFP □WP Index -5L23 THE Taiwan stock market fell 0.5 per cent yesterday on profit-taking, as a three-day rally was brought to a halt by the central bank's decision to raise official rates, dealers said. "The market is bound to have a technical correction after gaining more than 770
      AFP  -  344 words
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  • STOCKS klse
    • Article
      Lock icon Untitled
      8773 16 mownBALJ CONStNMT prwtocts 2000 Kit Vol Day Net Cap HH«i Lw Company Srt OOO High Lew P/E $mM 420 310 Ajlnomoto 380 unch 4 380 380 24.1 154.0 158 91 Angkasa 109 -1 171 114 108 180.7 545 290 Apodo Food Hlg 520 20 54 520 500 12.4 208.0 2975
      8,773 words
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      Lock icon Profit-taking erodes early gains
      399 16 AFP AFX-Asia, Q Composite Index -0.92 MALAYSIAN shares closed marginally lower yesterday after profit-taking eroded early gains, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended down 0.92 of a point at 970.27, off a high 0f982.25. The Second Board Index added 1.30 points to
      AFP; AFX-Asia,  -  399 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      3164 17 BONDS WARRANTS Mar 24 m vm* tnml t*ky Last Vd On I Midiin turn) Urn Ua Mm L«" C»mm «er- CM«l I— *rr* Mkr Mn {MhlMt Mi (%> UN 80 17.5 s 3164 Acma W*****4 21.5 I 227 22 21.5 21 21.5 21 41.0 1 300 138 6.28 16 59
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      Lock icon BANGKOK
      781 17 AFX-Asia n SET Index »513 THAI share prices closed higher, after heavy buying in fmancials such as Bank of Ayudhya and Thai Military Bank amid Kiatnakin Finance's capital increase announcement, dealers said. The Stock Exchange of Thailand (SET) Index closed up 5.13 points, or 1.29 per cent, at 404.16,
      AFX-Asia  -  781 words
    • Article
      Lock icon MANILA
      286 17 AFP F1 Composite Index +LI3 THE Philippine Stock Exchange Composite Index yesterday rose 1.13 points to 1,681.71. Turnover rose to 4.296 billion shares but value fell to 2.208 billion pesos compared to 4.088 billion shares worth 2.24 billion pesos traded on Thursday.—AFP 24 (000) MRC Allied 0.60 unch 200
      AFP  -  286 words
    • Article
      Lock icon WELLINGTON
      268 17 AFP □NXSE-M +23J3 TELECOM Corp, New Zealand's sharemarket story of the week, finished with a flourish and pulled the main index 1.2 per cent higher yesterday, dealers said. The NZSE-40 Capital Index rose 23.63 points to 2,071.44 on turnover of NZ$l29 million. AFP •MrM W *h COW) Advantage HOS
      AFP  -  268 words
    • Article
      Lock icon SYDNEY
      581 17 AFP QAllOriiMriM *3J AUSTRALIAN share prices closed marginally higher yesterday, up 0.1 per cent, after late selling in News Corp wiped out earlier gains, brokers said. The All Ordinaries Index closed up 3.9 points to 3,247.4. The All Industrials closed up 19.8 points at 5,786.4, while the All Resources
      AFP  -  581 words
    • Article, Illustration
      Lock icon JAKARTA
      670 17 AFX-Asia tl Composite Index AM JAKARTA share prices closed lower on profit-taking in selected big cap stocks amid selling pressure in PT Astra International after the Cycle Carriage-led consortium won the bid for the government stake in the company, dealers said. The Composite Index closed down 4.54 points at
      AFX-Asia  -  670 words
    • Article
      Lock icon SEOUL
      319 17 AFP F1 Composite Index +2L62 THE Composite Index closed up 21.62 points to close at 889.24, off a high 0f900.06. Volume was 279.4 million shares worth 3.9 trillion won. Rises led falls 555 to 270. AFP M«r 24 IN* An#m Somi ***** 1800 Br Ota Toch 1710 40 C*n«rM
      AFP  -  319 words
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  • Article
    Lock icon STOCKS sgx
    8964 18 SGX MAXNBOARD Transaction date: Mar 24 Or Or M Wt 52-Wk Last Vai Day L#at Ouata Otv D(v VM Nat Cap _A*g HHII La» Mk Clip my COOP) HH> Law 9nyar 8a8ar cv *fl tmM Prtca MULTHNDUSTVY 182 71 me 1000 Acma50c 135 -1 90 137 134 134
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      77 18 'SK |^jjW^|IMMI I VCM. investment poctfouo I N pnm ort I IPO. Shares. Bonds. Stocks. Annual Reports. S it» 1 I 447,900.000 Sham I 1 I I Whatever you're offering, we help you reach out ifc. V 1 M Pncr SSI-90 par I y] I I to 86.7% of all
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      250 19 Where to wine, dine and jUi^ Enjov our ever-popular Japanese favourites for lunch and in the evening, tuck in to a wide selection of Japanese, Asian and Western dishes like Sashimi, Drunken Chicken and Roast Sirloin Beef. Japanese Buffet Lunch fl4 Feb 12 Apr) $22.50 (Adult), 40% discount (Child) Euro-Asian
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      61 19 CELEBRATE THE LAST CENTURY WITH DE GRAND I hippy Honrs 5. (H)poi to 9. (M)ptn I >r.ift hivr per mug I )ralt hecr per jug: S2 I (M)»»» Free Titbits I over the others. Advertise in Wine, Dine Entertain of The Business Times and reach out to 117,000 readers daily.
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      60 19 Twaf*- v k Roasted Whole Suckling Pig Steamed Live Sea-Bass Fish with Lime Sauce (Thai Style) Deep Fried Fresh Prawns with Pepper and Garlic Braised Mushroom with Bean-Curd Puff ffjßj and Lo-Han Vegetable Wjf Braised Shark's Fin Soup with Dried Seafood Sauteed Pork with X.O. Sauce Braised Noodle in Abalonc
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      7 19 iWhc^s going to De j^j U 0
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      25 19 mmsm Every Saturday, Sunday AC Public Holiday TEA NEW HEIGHTS Reservations: 831 6258/88 Mvekni* Orchard Road, Singapore 2 3M67 Tel: 737 4411 Fax 732 2361
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  • Page 19 Miscellaneous
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      Lock icon Page 19 Miscellaneous Column 1
      829 19 Central 4 Shining. 8.00 Berita. 12.03 AM One Hour News. QAft am viHc Pflntroi* c* ILOO Saturday Late Night &30 Filem Sensasi. LOO Capital E. H Bear's S)Us aUntinB IL O SatU a orSa ffThe Track. ooA Th P WnrlH nfPPtPr of Sea Cliff Inn. ma... Nicky Astria. 2.00 To
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      Lock icon Page 19 Miscellaneous Column 2
      259 19 CRYPTIC CROSSWORD ACROSS 3 Died in a quarrel, left without 7 Ban of spices upset pardon guidance (6) me! (8) 4 Population growth in tiny period 9 A Greek character allowed to cfe- of prosperity (4,4) piay charm (6) 5 Settled here, perhaps, without 10 Pole propels this kick (4)
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  • The Arts
    • Article, Illustration
      Lock icon FOR YOUNG @ ARTS THE
      1748 20  - FOR YOUNG ARTS THE 'Start 'em young' is the aim of the Arts Education Programme which brings its activities to schools and takes children out on arts jaunts, reports fexjcxa tap FELICIA YAP AS the arts gain more prominence in Singapore, much attention (and funds) has been focused on the
      ARTHUR LEE  -  1,748 words
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      Lock icon Singapore Arts Festival 2000
      2251 21  -  Compiled by, Aaron Lye OPENING CELEBRATIONS Festival Village Jun#l-4 June, 6.30-10.30pm, Fort Canning Park. Admission: $15 Th|K>pqm ing act" of the Arts Fest, Festival Village will feature acts that recreate thaaratuence performances, feaUgring h foreign groups like MHtya Avam from Uttar Pradesh sßttd local groups (to
      2,251 words
    • Article, Illustration
      Lock icon THE PROGRAMME
      1476 22  -  Compiled by 1 M Yasotha MUSIC Singapore Symphony Orchestra Cello Adventure/ Beethoven Symphony Cycle Chinese-born cellist Jian Wang's fifth appearance with the SSO sees him in the title role of Richard Strauss' Don Quixote, a sprawling symphonic poem subtitled Fantastic Variations of a Knightly Theme. He also takes
      1,476 words
    • Article, Illustration
      Lock icon SPOTLIGHT
      128 22  -  By Felicia Yap 1W What is, or what is not installation art?. Plot and Flajwrst The year-long series of art talks organised by the Singapore Art Museum, the Department of Art Theory and Art History (LaSalle-SIA College of the Arts) and The Business Times—presents yet another lively discussion entitled
      128 words
    • Article, Illustration
      Lock icon One woman, many faces
      1123 23  -  Actress Amy Hill charmed her audience with her wit and quick change of characters, writes fblxcxa yap FELICIA YAP AMY Hill rolled through Tokyo Bound with devastating aplomb last Monday evening, miming numerous quirky personalities full of biting wit. Yes, she certainly produced a funny, yet
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      Lock icon A feast for Francophiles
      450 23  -  Smorgasbord of everything French at Alliance Francaise By\ Koh Huiting CATHERINE Deneuve, Old World wines, the croissant, baguette and the Eiffel Tower all bring to mind only one thing. France and its beautiful language. Vive la langue de Francaise! From yesterday until March 29, savour all
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      Lock icon India's DRUMMER BOY
      836 24  -  Master tabla player and percussionist Zakir Hussain tells parvathz natas about how bis passion developed and of his efforts to promote world music PARVATHI NAYAR HYTHM is universal," jaBM says Zakir fgjilji Hussain, regarded as the leading JjBSnBH exponent XSHMI the tabla in the world. Snapping his
      PHOTOS BY CARL PENDLE  -  836 words
    • Article
      Lock icon Stories unfold with drumbeats
      752 24 CONCERT REVIEW f RUM bashing," grinned Indian tabla maestro Zakir Hussain, as he described what was in H store for the audience at the percussion concert, The Sounds of the Millennium, last Wednesday. "If it comes together, we can even call it a performance," he deadpanned.
      752 words
    • Article, Illustration
      Lock icon Winston Oh—watercolourist with a heart
      625 24  - Winston Oh —watercolourist with a heart Cardiologist-artist displays strong command of technique in his charity exhibition By Parvathi Nayar WORKING as a full-time cardiologist at Mount Elizabeth meant it was after 30 years of abstinence from a paintbrush that Winston Oh returned to painting in the late 1980s. He found
      625 words
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      85 20 J u c giet tH^'b^tipi V.-Ul- i a l« m Pick some of the finest seats at v i n t e rnational as-well as local I I fty performances and events. Get all the benefits of an I international credit card, backed by OCBC I il and MasterCard International.
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      68 22 Installation Art, 2-3pm, March 25, Singapore Art Museum. Admission is free. The Average Size and Performance of a PruLink Fund. ■U-v. PruLink Singapore Managed Fund the largest unitised fund in Singapore. jp.^ > L An unbeatable record with over $730 million VBfijEHfe L invested by 90,000 people since its launch
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      227 23 AWr v Sm ,*IH H HUhKA fiynpr JIT Bfe 488 I j P« I** [I^l |ft iM rJ| I ■oB Ttt Jp j[ B r imm i -fe^r. 1 y- 1( •■|jjß| WM HBHi Sx®f i I I 9 i v w H 1 P I Bwi i y —«~B
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