The Business Times, 13 May 2000

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Microfilm: NL21804
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MITA (P) 035/12/1999 85C SINGAPOR E Internet;, .com.sg/ SATURDAY, MAY 13, 2000
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  • Article
    Lock icon MARKET SUMMARY
    71 1 sn 2026.65 (+22.98) BT-SKI 75L37 (+10.47) SmSd FUTUEES ***** (+2.30) STOCK MARKET INDICES Friday Change KLSE COMP 912.66 -8.06 NIKKEI 17,357.96 +475.40 HANG SENO 15.111J4 +619.02 SET INDEX 345.67 +9.13 JAKARTA COMP 526.88 132 MANILA COMP __1,539.31 +34.10 TAIPEI WPI &560.44 +210.53 SEOUL COMP 740.30 -1911 CISA CHINA
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  • Article
    Lock icon FINANCE
    77 1 FOREX RATES rs» s$ US$ 1.725 £(US$/S$ per 1511 1606 EURO(US$/S$/E) 0.900 1J53 DM 2.172 0.794 YEN 108.3 1.593 RM 3.800 0.454 HKS 7.790 0.221 BAHT 38.88 0.044 RUPIAH 8,605 0.020 'St to ICO units PRIME RATES SINGAPORE 5.80 K1ALALLMPVK 7.67 JAKARTA 39.00 BANGKOK 9.50 MANILA 11.00 HONJi KONC,
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  • Article
    Lock icon Khazanah set to replace SingTel as Time's strategic partner
    759 1  -  Move seen as stop-gap measure pending entry of MIT later: report Prom. Eddie Toh in Kuala Lumpur THE Malaysian government may now use its investment arm Khazanah Nasional as the interim partner to rescue ailing Time Engineering, which has called off
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  • Article, Illustration
    Lock icon Whisper of dissent still as Vickers, Goh union nears fruition
    813 1  -  Merger gets nod from SGX, courts; shareholder approvals next Ven Sreenivasan [SINGAPORE] Vickers Ballas Holdings and GK Goh Holdings have received the blessings of the Singapore Exchange (SGX) and the courts for their proposed merger to form Singapore's biggest stockbroking
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  • Article
    Lock icon SingTel not given reason for talks' failure: Hsien Yang
    732 1  -  Company entered into talks because it was invited by Renong and Time Jennifer Lien [SINGAPORE) Singapore Telecom was not given a reason for the failure of its talks to buy a stake in Malaysia's Time Engineering and Time dot Com. chief
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  • Article
    Lock icon Broking charges to be freed up from Oct 1
    476 1  -  Price war seen among houses offering on-line trading By R Sivanithy [SINGAPORE] Stockbroking commissions will be fully negotiable from Oct 1, three months earlier than scheduled, the Singapore Exchange (SGX) announced yesterday. Analysts said a price war will ensue among those
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      Lock icon Page 1 Advertisements Column 1
      84 1 INSIDE BT Comment Compelling reasons for SGX to strike regional alliance. Pg 4 The Arts Blurred visions: Paintings by Eric Chan. EL 4 Three Singaporeans win top prizes in piano competition. EL 4 Top stories Slow start for Sats, SIAEC shares. Next Page Nat Steel falls 7% as split into
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      45 1 More reports, Pg 3 Halim Saad loses biggest Hr V corporate battle SingTel's bid for Time: f\ How it all started fcy v V Sing Tel flops may spark shake-up i Ml P aniiquivies and theit ownership \he experts 1 views The Arts. Back P^ye
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      49 1 B This would have been a deal that all three would be happy not only to sing and tell about, A| song and IKf dance™ T7 J* Lee Hsien Yang, in an apparent reference < to the Malaysian prime minister s earlier remark that Sing Tel 'sing and tell'. '^BL
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Dotcom? Yes. Net-savvy? No
        46 2 THERE is this Internet company that still believes in doing things the old-fashioned way. We received this week an invite from new Internet portal Todays Indian Woman.Com sent via fax, with an RSVP via phone and fax, but nary an e-mail address.
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      • Article
        Lock icon Tripping over legal mumbo-jumbo
        173 2 SOMETIMES things are regurgitated in mindless fashion. A good example lies in the prospectuses of Singapore Airport Terminal Services and SIA Engineering Company. Under "Terms and Conditions and Procedures for Application" is the now familiar warning against multiple applications: "Joint or multiple applications will be rejected.
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      • Article
        Lock icon Makes sense, in a crustacean way
        154 2 WHY does Singapore want to be a garden city by planting all those trees? Well, one of our faithful e-mailers would like to share with you his answer. You see, if you look at Singapore from the air, it resembles a crab, with its
        154 words
      • Article
        Lock icon Take 'em for a ride
        69 2 THIS smart cabbie should know. He reckons that Comfort has done it the wrong way in raising fares. He told a BT journalist that "it's better to quietly cut the 30 seconds waiting period to 28 seconds can easily make $100 extra every month and
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    • Article, Illustration
      Lock icon Slow start for Sats, SIAEC shares
      514 2  -  Analysts surprised as Sats closes 10 cents under its IPO price and SIAEC just 3 cents above Conrad Raj [SINGAPORE] The shares of Singapore Airlines subsidiaries Singapore Airport Terminal Services (Sats) and SIA Engineering Company (SIAEC) failed to take off on their debut on
      Source: Bloomberg  -  514 words
    • Article, Illustration
      Lock icon Green homes up for grabs at Australian Olympics village
      607 2  -  Environment-friendly facilities set the standard for others, says developer By Marissa Chew [SINGAPORE] Solar powered, envi-ronment-friendly homes with recycled water in the flush —that's where 15,300 athletes at this year's "green" Olympic Games in Sydney will be staying. That's also where
      SIEW YAW HOONG  -  607 words
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  • tussle for time dotcom
    • Article, Illustration
      Lock icon Time after time
      578 3 1998 February Singapore Telecom expresses interest in 30 per cent stake in Time Telecommunications, a subsidiary of Malaysian-listed Time Engineering, which is a 47 per cent associate of Renong Bhd. But talks fizzle out. July Halim Saad of Renong gets court order to stave off creditors of
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    • Article
      Lock icon When the battle's lost...
      788 3  -  Will Halim Srfad's Renong empire unravel following his failure to engage Sing Tel as an ally to rescue Time? hYttm Eddie Toh in Kuala Lumpur Malaysian tycoon Haiim Saad's failure to rope in Singapore Telecommunications as a partner for his Time Engineering could signal the unravelling
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    • Article
      Lock icon SingTel flops may spark shake-up
      631 3 Analysts say failures could force leadership, corporate structure changes Reuters TWO failed billion-dollar bids within the space of three months could well pressure changes in the management and corporate structure of the country's largest listed firm. Singapore Telecommunications Ltd. analysts said yesterday. SingTel's bid for
      Reuters  -  631 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon NatSteel shares hit as spin-off move disappoints investors
      620 4 Investors said to prefer cash or direct shares in Nat Steel Electronics, Nat Steel Broadway Bloomberg SHARES of Nat Steel Ltd yesterday fell 7 per cent after the firm's plan to split its electronics and construction businesses into two equally valued holding
      Bloomberg; FILE PHOTO  -  620 words
    • Article, Illustration
      Lock icon DBS Land's new chief plans to reach wider market
      508 4 DBS Land under a new chief will be moving downmarket to reach out to a wider mass market. "We want to move downmarket a bit to properties or land that'll sell for less than $1,000 per square foot because this will
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    • Article
      Lock icon Compelling reasons for SGX to strike regional alliance
      749 4  -  HOCK TT3 rem wong wei kong POR all the stated aims of closer regional cooperation, it may actually prove easier for the Singapore Exchange (SGX) to forge an alliance with an exchange further afield than with one in its immediate neighbourhood. This
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    • Article
      Lock icon Telstra denies asking M1 to join venture
      404 4 No talks with Ml for Telstra-CyberWorks deal participation Bloomberg [MELBOURNE] Telstra Corp yesterday denied reports that Mobile One, Singapore's No 2 cellular phone company, has been invited to join its proposed pan-Asian venture with Hongkong's Pacific Century CyberWorks. The Business Times had reported
      Bloomberg  -  404 words
    • Article, Illustration
      Lock icon Keppel Hitachi Zosen in talks with Lisnave
      376 7 Portugal's largest shipyard up for sale after 28.1 m euro loss; is closing one of its two yards Bloomberg [SINGAPORE] Keppel Hitachi Zosen Ltd, a unit of Singapore's Keppel Corp, said it's in talks with Portugal's Lisnave Estaleiros Navais SA, which runs the
      Bloomberg; FILE PHOTO  -  376 words
    • COMPANY Briefs
      • Article
        Lock icon 2 NatSteel shareholders trim stakes
        103 7 TWO substantial shareholders of Nat Steel have sold down their interests in the company. Acting as investment adviser, Schroder Investment Management said it had on behalf of its clients, disposed 0f225,000 shares at $3.9848 each on Wednesday. This brings its interests to 18.005,640 shares or
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      • Article
        Lock icon Cerebos buys rest of Indon unit
        88 7 CEREBOS Pacific said Cerebos Pacific Services, a wholly-owned subsidiary, has received approval from the Indonesian authorities to buy the balance 50 per cent equity stake it does not own in PT Cerval Foods (PTCF) from PT Pramudhya Barutama. The shares were purchased for a
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      • Article
        Lock icon Kian Ho says no more provisions
        96 7 KIAN Ho Bearings said it has conducted its investigations into the amounts alleged to have been misappropriated by Kwek Chee Tong. Based on the results of the investigation, the directors are of the opinion that no further provisions would need to be made for
        96 words
      • Article
        Lock icon Rotary Engg buys Thai firm
        28 7 AFX-Asia ROTARY Engineering said its subsidiary, Thai-Rotary Engineering Ltd, has bought a 51 per cent stake in TRC Construction Ltd in Thailand. -AFX-Asia
        AFX-Asia  -  28 words
      • Article
        Lock icon CCL Mauritius holds Astra shares
        43 7 AFX-Asia CYCLE and Carriage (Mauritius) Ltd has transferred 82.888 million shares of PT Astra International to PT Bhakti Investama at 3.640 rupiah per share. This gives the Mauritius unit a holding 0f617,980,960 shares in Astra, Cycle said. -AFX-Asia
        AFX-Asia  -  43 words
    • Article
      Lock icon Chew Eu Hock says earlier SGX reply justified
      304 7  -  Construction, civil engineering group explains executive director's sale of 24.3% stake By Andrea Tan CHEW Eu Hock, whose share price has been rising sharply over the past week, said yesterday that its earlier reply to the Singapore Exchange (SGX) regarding the odd
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    • Article
      Lock icon BT SHARE information service
      5104 7 Net urn EPS Notwort Foods Mar 28 P I.685L 13.606L 0.00 O.tl Date TY LY TV LY New Mar 30 P 3.067 1.948 1.43 0.91 Company ann (Sm> ($m) (cts) (c«») NM Hl'dgs Mar 27 P 4.596 4.490 3.39 3.45 ~™"~~Nippercraft Mar 27 P 2-206 4.116
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      Lock icon Page 4 Advertisements Column 1
      56 4 I \IAGKS OF Wondrous Forms a series of works by well known local artist Cioh Khcng Yew who specialises in Buddhist paintings and Chinese paintings on l otus 13 th 14 th and 18 ,h May 2000 10am 6pm Welcome for viewing at the Artist's Residence TUSHITA (near Holland Village)
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      97 4 i J ONES Lang W LaSalle. GRANDLINK SQUARE Invitation to Submit Expression of Interest For Sale by Instructions of the Receivers Enbloc sale of 82 retail units {61,505 sf) v\ A 14 residential units (12,818 sf) ruD V c«v p,, i Mo t Prominently located along Guillemard/ L-—- M4liak\ v\
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      32 4 $26 cleans out the storeroom. jx. PP.-*? Trade in your trash tor cash. Clear clutter with Fastads tor 7/f >-7 ffi r as little as $26. I ■ilfT-'l—'\\f Call CftT.S. at 1800-737-1166.
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      161 5 Sunday, May 21 Singapore is world class in many areas. And now we are planning to put Singapore in the Guinness World Records Time :7.30am by making Big Walk 2000 the world's biggest walking event of the new millennium. Venue National Stadium Distance :10km Come and join us to set
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Compact Metal wrt: a fair pick amid small-cap fever
      194 6  -  WARRANT WATCH R Sivanithy PENNY stock fever reigns supreme at the moment, so we see no reason to alter our view that the best picks for now are to be found in this segment. Compact Metal Industries' warrant at 12 cents
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    • Article
      Lock icon Untitled
      552 6 Stocks Volume ChewEuHock 20c 46.912.000 SIA Engg 10c 24,971,000 SATSvcs 10c 20.176.000 ThaiVillage 5c 19,315,000 Medi-Rad 5c 10,221,000 AirOcean 5c 9,886,000 Food Empire 5c 9.807,000 ParkwayLab 5c 9,694,000 CEI 5c 9,454,000 NatSteel 50c 8,367,000 Stocks DBSGrp 58,481,599 SIA Engg 10c 52,435.020 SATSvcs 10c 50,196,670 ChewEuHock 20c 35.209,125 SIA 33,544,969 NatSteel
      552 words
    • Article, Illustration
      Lock icon Wall Street rebound helps stabilise blue chips
      571 6  -  I? r-MiilhUill STOCKS r. sivanithy AFTER two straight days of heavy losses during which the Straits Times Index lost 85 points, blue chips yesterday stabilised in line with an overnight rebound on Wall Street and a flight to quality in Hongkong. The index
      571 words
    • Article, Illustration
      Lock icon OCBC: downside seen limited
      244 6  -  HOT STOCK Wong Wei Kong SHARES of OCBC Bank Finished as the session's biggest loser yesterday, felled by continuing fears that its margins may be hurt by rising interest rates. OCBC shares closed down 30 cents at $10.30. The stock opened at its day-high of $10.70
      244 words
    • Article
      Lock icon Market Notices
      145 6 ♦INTRACO will hold its AGM on May 23, at 2.30 pm, at 230 Victoria Street, #12-00 Bugis Junction Towers. ♦HONG Leong Asia will hold its AGM and EGM on May 30 at 3.00 pm, at 9 Raffles Place, Republic Plaza, 61st Floor, Board Room. ♦SAN Teh will hold
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    • Article, Illustration
      Lock icon Rupiah tailspin halted by Abdurrahman's warning
      328 6  -  CURRENCIES larry wee THE Indonesian rupiah was once again the focus of currency market action in thin trading yesterday falling almost 5 per cent before a warning from Indonesian President Abdurrahman Wahid cooled things down. From Thursday's 8.405 rupiah Asian close, traders said that
      Source: Reuters  -  328 words
  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      700 6 I NOTICE To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I iwiwitiii'i'miMiag cJj I NOTICE IS HEREBY GIVEN that the Annual General Meeting of SMB UNITED LIMITED ("the Companv") will be held at 9 Senoko Drive, Singapore *****7 on OUMTU> May 31, 2000 at 10.00 a.m. for the
      700 words
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      16 6 ft I advertise your U 5 simply fax: 741 1198 or Call toll-free: 1800 741 1883
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      26 6 r Do you need flexible financing for your share purchases 7 Call, us at 323-3955 and find out 'what we can do for you ©DBS BANK
      26 words
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  • SINGAPORE news
    • Article
      Lock icon Better chance to move up for HUS junior officers
      351 8  -  Jane Cheong JUNIOR officers in the Home Affairs Uniformed Services, or HUS, will now have a better chance of moving up to senior ranks, thanks to a new specialist career track that has been introduced to give officers an alternative to
      351 words
    • Article, Illustration
      Lock icon Sentosa Devt Corp to spend $140m on new train system
      489 8  -  It'll be ready by end-2002; 3 firms bidding to supply train hardware system By Joyce Koh SENTOSA Development Corporation (SDC) yesterday said it will spend $140 million to develop a new train system in Sentosa. Part of the money will
      FILE PHOTO  -  489 words
    • Article, Illustration
      Lock icon Abridged version of SM Lee's memoirs launched
      560 8 Chinese version launched as well. Books will promote sense of shared history: Chee Hean THE life and times of Lee Kuan Yew have been such a must-read topic that over 340,000 copies of the senior minister's memoirs have been sold since the book's
      STEVEN LEE/ST  -  560 words
    • Article
      Lock icon Manufacturers' body to go the IT way
      286 8 THE Singapore Confederation of Industries (SCI) will harness the power of information technology and the Internet to better serve its members, its president Robin Lau said at the confederation's annual dinner yesterday. To this end, the SCI has a graduated four-step strategy: ♦setting
      286 words
    • Article, Illustration
      Lock icon S'pore economy most resilient to a US slowdown: study
      677 8  -  Anna Teo FOLLOWING lacklustre March domestic manufacturing numbers and amid heightened fears of a US slowdown, a slight beaVishness seems to have set in on the local economic scene. A few forecasters have even, in the past fortnight or so, cut
      Source: SG Securities  -  677 words
    • Article, Illustration
      Lock icon One.Tel speeds up move into S'pore
      402 9  -  Aussie cellular operator to open offices soon, 2 years ahead of plans By Tay Hong Seng THE fourth largest cellular phone operator in Australia, One.Tel Limited, is advancing its plans to expand into Singapore by two years. It will soon be opening up offices
      CHRIS LOH  -  402 words
    • Article
      Lock icon Cable detection workers will need licences soon
      173 9 TO ensure that only qualified personnel are engaged to carry out cable detection work, the Infocomm Development Authority (IDA) is implementing a new licensing scheme for telecommunication cable detection workers from July 1. IDA said yesterday that the move would help minimise damage
      173 words
    • Article
      Lock icon NTUC offers personal computer deal @ $1 a day
      389 9  - NTUC offers personal computer deal $1 a day liy Tay Shi'an THE National Trades Union Congress, in its efforts to let union members enjoy a "connected lifestyle", has announced a new deal to enable its members to own computers with free Internet access for just $1 a day. A joint
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    • Article
      Lock icon Buildable designs: 10 bag awards; record 40 entries
      256 9 A RECORD of 40 entries were received this year for the Building and Construction Authority (BCA) Best Buildable Design Awards, BCA said yesterday. Ten projects received awards or certificates of merit. Singled out for special mention was a Tavistock Avenue building which
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    • Article
      Lock icon RTC member Lie can't have best of both worlds
      217 9  -  Rajiv Chaudhury I REFER to Michael Lie Kian Hwie's letter ("Can private clubs charge high penalty interest rates". May 10) regarding interest rates charged by Raffles Town Club (RTC) on outstanding amounts. I am sorry to say but it is people
      217 words
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      Lock icon Page 8 Advertisements Column 1
      35 8 EARN MORE"—— INVEST OFFSHORE www.united-bank.net HUbmH tel +423 230 0202 fax +423 230 0708 ■rJErfl V|L {lUv^ Min EUR 25,000 or equivalent Deposit rates linked to base rates. Rates correct press time. in some jurisdictions
      35 words
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      Lock icon Page 8 Advertisements Column 2
      16 8 HOME NEEDS The Straits Times Classified. Classifications 90 120. >■ CAT.S. Buy It. Sell It. Find It.
      16 words
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  • Page 9 Advertisements
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      129 9 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 NOTICE IS HEREBY GIVEN that I, KAVITHA SOMAYYA of Blk 248, #1068 Jurong East Street 24 Singapore *****8, have applied for a Wholesale Liquor Shop Licence in respect of M/s Sundowners.com (S) Pte Ltd located at 73A Duxton
      129 words
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      267 9 NOTICE IS HEREBY CiIVEN that I. ESTHER KOH GEOK LIANG of Blk 172 Bedok South Rd *11-423 Singapore *****2, have applied for a Wholesale Liquor Shop Licence in respect of M/s Limborock.com Pte Ltd located at 60 Martin Rd *05-48 Singapore *****7, and that this application will be considered by
      267 words
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      115 9 r BOSTON TEMPORARY WORKS PTE LTD (IN LIQUIDATION) (MEMBERS' VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Chapter 50), a Final General Meeting of the Members of the abovenamed company will be held at 112 Middle Road #07-03
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      363 9 IN THK MATTKR OK THE COMPANIES ACT, C AP. 50 AND IN THE MATTER OE OMB BOON SEN<; PRIVATE LIMITED I In Mtmlttn' Nuhalan l iquidation > NOTICE IS HEREBY GIVEN lhat the creditors of the jbovenjmed Company. *hich is being wound up voluntarily, are required on or before the
      363 words
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      670 9 f Raffles Medical Group —1— (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 11 tfi Annual General Meeting of the Company will be held at the Board Room of the Company at 182 Clemenceau Avenue, #05-00 Raffles SurgiCentre, Singapore *****3 on
      670 words
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  • eNews
    • Article
      Lock icon Enron bags US$40b Net deals in 6 months
      344 10 SAN DIEGO 828 Web site of world's largest energy trader handles over 100,000 deals since Nov inception Bloomberg ENRON Corp, the world's largest energy trader, said on Thursday its online business has handled US$4O billion (Ss69 billion) in transactions since it was
      Bloomberg  -  344 words
    • Article
      Lock icon Japan's DDI to adopt cdma2000 standard for new cell phones
      381 10 TOKYO Qualcomm's tech to lower costs for DDl's 3G phones Reuters LONG-DISTANCE carrier DDI Corp yesterday unveiled its strategy for the next big battle in Japan's mobile phone market. Japan's No 2 mobile phone operator plans to use cdma2ooo, a
      Reuters  -  381 words
    • Article
      Lock icon Even Net high-flyer CMGI cuts jobs due to investor pressure
      366 10 ANDOVER, Massachusetts Reuters IT'S hardly a purge, but even CMGI Inc, among the highest of the New Economy high-fli-ers just months ago, has been forced to cut jobs amid demands by investors that Internet firms show a clearer path to
      Reuters  -  366 words
    • Article, Illustration
      Lock icon Staving connected in Cannes
      58 10 [CANNES] Maria Essen, a maker of short films, using the Internet at the American Pavilion on Thursday. Ms Essen is one of Kodak's Emerging Filmmakers whose work Changing Directions will be showcased at the 53rd Cannes Film Festival. There are numerous studios and kiosks for festival-goers
      REUTERS  -  58 words
    • Article
      Lock icon HK's 1st Net bank consortium formed
      406 10 mHONGKONG Net Alliance will invest HKs3oom to provide retail, corporate online services Reuters FOUR Hongkong banks and newly-listed iMerchants Ltd said yesterday they had formed the territory's first online banking consortium and will invest HKS3OO million (5566.4 million) to provide retail and corporate banking
      Reuters  -  406 words
    • Article, Illustration
      Lock icon Sony to capitalise on PC fear with user-friendly systems
      388 10 HONGKONG AFP WIDESPREAD fear of personal computers and an inability to use them presents Sony Corp with the opportunity to capture the market in userfriendly home entertainment systems, the company's president said yesterday. In a speech in Hongkong, Nobuyuki Idei. president
      AFP  -  388 words
    • Article
      Lock icon Dell beats forecasts, posts 21% rise in Q1 earnings
      305 10 NEW YORK NYT DELL Computer, the largest direct vendor of computers in the world, reported a 21 per cent increase in its first quarter earnings on Thursday that beat Wall Street's expectations. The company, quoted on Nasdaq, also overcame its previous
      NYT  -  305 words
    • e Briefs
      • Article
        Lock icon Matsushita home appliances via Net
        76 10 Oana-Kyodo [OSAKA] Matsushita Electric Industrial Co will offer its electric home appliances online by October. The company which has been selling a limited variety of products online, said it wanted to support its affiliated shops whose business has seen squeezed by discount stores. Matsushita will
        Oana-Kyodo  -  76 words
      • Article
        Lock icon Yahoo! adds Web-hosting services
        110 10 Bloomberg [SANTA CLARA, California] Yahoo! Inc, the top Internet-navigation company, is entering the Web-hosting business, adding sites where customers can register Internet addresses, build Web pages and pay Yahoo! to keep them running. The services are designed to attract more visitors and advertisers to Yahoo!, which
        Bloomberg  -  110 words
      • Article
        Lock icon Terra, Lycos in alliance talks
        76 10 Reuters [MADRID] Fast-growing Spanish Internet firm Terra Networks said yesterday that it was in talks with US portals giant Lycos Inc in an apparent attempt to expand into the world's biggest online market. "Talks are currently going on with Lycos with no definitive agreement worth
        Reuters  -  76 words
      • Article
        Lock icon Bridgestone to join RubberNetwork.com
        84 10 Bloomberg [TOKYO] Bridgestone Corp, the world's second-largest tyremaker, said yesterday that it will join Goodyear Tire Rubber Co and five of its largest rivals to develop an Internet Web site to trade rubber and other materials as part of a drive to cut costs. Goodyear, Sumitomo
        Bloomberg  -  84 words
      • Article
        Lock icon World Online IPO hearing on Monday
        117 10 Bloomberg [AMSTERDAM] World Online International NV shareholders yesterday scheduled a hearing in an Amsterdam court for Monday, alleging that the Internet service provider, its founder Nina Brink and ABN Amro Holding NV, its bank, violated Dutch securities rules during its US$2.6 billion (554.5 billion)
        Bloomberg  -  117 words
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  • REGIONAL news
    • Article
      Lock icon Not much policy impact should Daim resign: analysts
      534 11 KUALA LUMPUR But a change of guard at the finance ministry may affect foreign investment Reuters MALAYSIAN Prime Minister Mahathir Mohamad's comments that Finance Minister Daim Zainuddin may want to resign when the economy improves have ruffled the market but analysts expect
      Reuters  -  534 words
    • Article
      Lock icon Daim not planning to meet press today: aide
      71 11 Reuters [KUALA LUMPUR] Malaysian Finance Minister Daim Zainuddin will not hold a news conference today, his spokesman said, dismissing market rumours that Mr Daim was due to make a statement on his future plans. "There is no scheduled press conference tomorrow," the
      Reuters  -  71 words
    • Article
      Lock icon Bell Atlantic in talks for CP wireless stake
      232 11 BANGKOK Reuters US telecommunications giant Bell Atlantic is in talks with Thai conglomerate Charoen Pokphand (CP) to acquire a stake in its wireless communications business, a Bell executive said yesterday. Daniel Petri, president of international telecommunications for Bell Atlantic, told Reuters his
      Reuters  -  232 words
    • MARKET moves
      • Article
        Lock icon Daim-linked stocks in retreat
        100 11 Bloomberg STOCKS controlled by proteges of Finance Minister Daim Zainuddin fell on lingering speculation of a rift with Prime Minister Mahathir Mohamad and talk that Mr Daim may quit his post. Technology Resources Industries Bhd, a cellular phone company, dropped 15 sen, or 2.8 per cent,
        Bloomberg  -  100 words
      • Article
        Lock icon Bank shares slide on rate concerns
        80 11 Bloomberg BANKS fell on concern that a rise in US interest rates will make it tougher for Malaysia to push borrowing costs lower. Higher rates could also lure money to fixed-income investments there. Malayan Banking Bhd, the country's biggest bank, fell 20 sen, or
        Bloomberg  -  80 words
      • Article
        Lock icon Failed Time-SingTel talks dent mood
        70 11 Reuters THE failed talks between Time Engineering Bhd and Singapore Telecommunications also dampened market sentiment. Trading in Time and Renong shares was suspended. Time and Renong last closed at RM4.52 and RM2.61. Their shares will be requoted on Monday. Sapura Telecommunications Bhd and associate Uniphone
        Reuters  -  70 words
      • Article
        Lock icon 2 property counters buck trend
        69 11 Reuters SHARES of property firms Crimson Land and Farlim Group bucked the falling trend to add two sen and four sen to RM1.12 and RM2.04 in active trade. Crimson Land on Thursday announced plans to buy a 500-acre plot of land in Johor for RM92
        Reuters  -  69 words
    • Article
      Lock icon AMMB in black with RM$546m profit
      159 11 KUALA LUMPUR Bloomberg MALAYSIA'S fifth-largest bank AMMB Holdings Bhd has returned to profit from its biggest loss, helped by falling bad loans and higher lending. AMMB yesterday reported a profit of RM546 million (*****.8 million) or RM1.32 a share for the year ended March,
      Bloomberg  -  159 words
    • Article
      Lock icon San Miguel posts 24% higher profit in first quarter
      321 11  -  Sales improve 9%; earnings beat analysts' forecasts From Al Labita in Manila LISTED home-grown conglomerate San Miguel Corp (SMC) booked a 24-per-cent surge in after-tax profit to 1.54 billion pesos (Ss64 million) in the first quarter despite sluggish consumer demand. In
      321 words
    • Article, Illustration
      Lock icon Intense selling pressure drives rupiah lower
      544 11  -  Worsening political conditions tnrn dealers bearish From Shoeb Kagda in Jakarta BUCKLING under intense selling pressure, the Indonesian rupiah yesterday plumbed nine-month lows, touching the 8,800 level against the US dollar in morning trade before recovering to close at 8,620. Currency dealers told BT
      AP  -  544 words
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      Lock icon 2 M'sian firms announce plans to become universal brokers
      250 11 UKUALA LUMPUR Bernama Reuters TWO Malaysian broking firms Affin Holdings and Kuala Lumpur City Corporation Bhd (KLCCB) yesterday announced their intention to be among the 15 universal stock brokers to be formed under the government's plan to consolidate the industry. "We
      Bernama; Reuters  -  250 words
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      Lock icon Mystery shrouds death of China's forex chief
      590 12 BEIJING Reports say premier's protege leapt to his death from hospital; govt mom Reuters LI Fuxiang. the head of China's foreign exchange regulatory body and a dynamic protege of reformist Premier Zhu Rongji, died this week in mysterious circumstances, financial sources said yesterday.
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      Lock icon Foreign loans to Asia lower in H2 1999: BIS
      315 12 BASEL, Switzerland Reuters THE Bank for International Settlements said yesterday that lending to Asia fell in the second half of 1999, bringing it below levels outstanding to Latin America for the first time in seven years. The fall signals a recovery
      Reuters  -  315 words
    • Article
      Lock icon China's Netease delays IPO on regulatory issues
      388 12 HONGKONG Bloomberg NETEASE.COM Inc, a Beijing-based Internet content company, has postponed plans to sell shares on the Nasdaq Composite Index because of regulatory issues restricting foreigners from investing in Chinese Web ventures, media reports said yesterday. The company, which operates one of China's
      Bloomberg  -  388 words
    • Article
      Lock icon Stanley Ho to launch Internet casino
      159 12 AFP [HONGKONG] Casino mogul Stanley Ho will join a Canadian Internet firm in launching a virtual casino to enable punters to place bets on a range of casino games, press reports said yesterday. Mr Ho's Web site, DrHo.com, to be launched this summer, will
      AFP  -  159 words
    • Article
      Lock icon China private firms thrive despite lack of loans
      285 12 WASHINGTON Bloomberg PRIVATE companies in China are thriving despite little access to loans or equity financing, the World Bank said on Thursday. In the first study ever of the scope of China's private sector, the World Bank found that it accounts for
      Bloomberg  -  285 words
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      Lock icon Rights commission key for China trade bill: Daley
      400 12 China says planned panel a pointless measure, will meddle in Beijing's internal affairs Reuters [WASHINGTON] The White House warned on Thursday there was little chance of passing permanent trading benefits for China without legislation setting up a watchdog commission to monitor Beijing's
      Reuters; AP  -  400 words
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      100 12 Nominations for the 2000 Enterprise 50 awards are now open Companies can nominate themselves by completing the official nomination form. Companies must be home-grown, 1 privately-owned and incorporated under Singapore's Companies Act (1994 Revised Edition), with four years of Celebrating Singapore's audited statements. Enterprising Spirit V J Nomination forms are
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  • WORLD news
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      Lock icon US PPI falls 0.3% in April, easing fears over inflation
      532 13 WASHINGTON Bat good news may be overshadowed by CPI data due before FOMC meeting Reuters Bloomberg AFX-Asia PRICES paid to US producers showed their sharpest drop in more than a year in April, easing concern that rising inflation and higher
      Reuters; Bloomberg; AFX-Asia  -  532 words
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      Lock icon Economists see faster US growth in 2000
      238 13 WASHINGTON Bloomberg BUSINESS economists say they expect the US economy to accelerate from last year's pace of expansion and that a round of interest rate increases will slow growth in 2001, a private survey shows. Gross domestic product will grow 4.9 per cent
      Bloomberg  -  238 words
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      Lock icon 100 years of Oz
      54 13 [KANSAS CITY] Ozfan Jane Albright holding her first-edition volume o/The Wonderful Wizard of Oz which she keeps in a special room devoted to Oz memorabilia in her Kansas City home. The book, first published on May 17,1900, has spawned movies, games, dolls, toys and other books
      AP  -  54 words
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      Lock icon Merrill Lynch offers private equity funds perk
      307 13 NEW YORK Bloomberg MERRILL Lynch Co is opening new private equity funds for investment banking employees, following its biggest rivals in offering new perks to keep up in what it called a "war for talent". Merrill, the largest US securities firm, said managing
      Bloomberg  -  307 words
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      Lock icon Govt sees recovery unaffected by Tokyo share dive
      262 13 TOKYO Reuters Bloomberg THE Japanese government yesterday played down the recent stockmarket dive, reiterating that the economy was crawling toward full recovery. "The sense that the economy is recovering is strong, so I'm not particularly concerned," Finance Minister Kiichi Miyazawa told a
      Reuters; Bloomberg  -  262 words
    • Article
      Lock icon Microsoft's arguments may buy it more time
      460 13 SEATTLE Experts say it will likely be given time to prepare for a 'remedies trial' AP MICROSOFT Corp has marshalled enough of a legal argument against a government-sought breakup that the judge in its anti-trust case probably will have to give the company
      AP  -  460 words
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      Lock icon OECD convinced of US' change to New Economy
      464 13 WASHINGTON Effect of IT progress on more dynamic economy accepted FT THE Organisation for Economic Co-operation and Development (OECD) has jettisoned its scepticism over the New Economy, supporting the view that an economic transformation occurred in the US during the *****. The
      FT  -  464 words
    • Article
      Lock icon US$4.7b deal creates world's biggest ad group
      359 13 LONDON Reuters BRITISH advertising giant WPP Group pic lifted the lid on its US$4.7 billion (SsB.l billion) agreed takeover of US rival Rubicam Inc yesterday in a deal that will create the world's biggest advertising group. Fleshing out an outline deal agreed earlier
      Reuters  -  359 words
    • WORLD Watch
      • Article
        Lock icon Honda profits fall 14% an rising yen
        107 13 Reuters [TOKYO] Honda Motor Co yesterday posted a 14 per cent decline in profits for the business year just ended, the first fall after three consecutive years of record profits as a rising yen took its toll. Consolidated net income for the year
        Reuters  -  107 words
      • Article
        Lock icon Korean bourse to scrap lunch break
        116 13 Reuters [SEOUL] The Korea Stock Exchange (KSE) said yesterday that South Korea's main exchange would be open for trade during the lunch hour, starting on May 22. "Trading hours will increase each day by an hour and, starting May 22, lunch breaks will be
        Reuters  -  116 words
      • Article
        Lock icon Ford to shut UK car plant in 2002
        89 13 Reuters [LONDON] Ford Motor Co said yesterday it would end car production at its biggest British plant from the first quarter 0f2002, with the loss of 1,900 jobs, in an attempt to boost profit at its struggling European operations. But it reaffirmed
        Reuters  -  89 words
      • Article
        Lock icon Credit Lyonnais sued for copper fraud
        92 13 Bloomberg [NEW YORK] Credit Lyonnais Rouse Ltd has been sued for Ssl7 million (5529.4 million) for its alleged role in the Sumitomo Corp copper trading scandal. The suit was filed by DLT Resources Inc, whose founder, David Threlkeld, helped bring the scandal, one of
        Bloomberg  -  92 words
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      Lock icon Clinton calls for big rise in high-tech visas
      452 14 WASHINGTON Worker demand has exceeded supply beyond official expectations NYT RACING to keep up with a booming economy, President Clinton on Thursday proposed an increase of more than 85 per cent in the number of skilled foreign workers who could be admitted
      NYT  -  452 words
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      Lock icon Post upbeat on Internet rivalry
      390 14 WASHINGTON Strong base from combination of dominant newspaper, Web site LATWP WASHINGTON Post Co chairman and chief executive Donald E Graham says the company's flagship newspaper is holding its own against Internet rivals notwithstanding the glum assessment of the newspaper industry's future by Warren E
      LATWP  -  390 words
    • Article, Illustration
      Lock icon Xerox CEO quits as turnaround efforts fail
      592 14 NEW YORK Departure sparked by profit, stock price disappointments Reuters XEROX Corp's president and chief executive G Richard Thoman resigned on Thursday after his fitful attempts to turn around the world's largest'copier maker met with repeated profit disappointments and a steep decline in
      Reuters; AP  -  592 words
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      Lock icon Phillips auction makes modest sales
      563 14 With most works unsold, the anction took in USs4om instead of USsBom Reuters Bloomberg PHILLIPS, the No 3 auction house which is making its first bid to compete with art world powerhouses Sotheby's and Christie's, even as the Big Two face a price-fixing scandal, came
      Reuters; Bloomberg; REUTERS  -  563 words
    • Article
      Lock icon Schwab clients suffer US$56b losses on Nasdaq's April dive
      402 14 SAN FRANCISCO Bloomberg NYT CLIENTS of Charles Schwab Corp suffered U5556.2 billion (Ss97 billion) in market losses last month, as declining stocks shaved the value of their holdings by 7 per cent. The decline in account values for the leading discount
      Bloomberg; NYT  -  402 words
    • Article
      Lock icon Calpers set to put more into private equity, real estate
      328 14 SACRANENTO Bloomberg THE US$l74 billion (*****.2 billion) California Public Employees Retirement System (Calpers) is set to put more money into private equity and real estate and cut stock holdings as it considers changing fts model investment mix for the first
      Bloomberg  -  328 words
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  • FINANCE & commodities
    • Article
      Lock icon Buying fizzles out on US rate jitters
      184 15  -  SGX Derivatives Tradlng/teporte MS& Singapore Index Edward Cheung THE Singapore stock market finished firmer yesterday, boosted by stronger US markets overnight. Gains were led by Singapore Airlines as two of the company's units made their market debut. The Straits Times Index closed up
      184 words
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      Lock icon Profit-taking caps gains for May futures
      264 15  -  MSCI Taiwan fatures Chan Yet San THE Taiwan stock market staged a strong comeback yesterday following a rebound on Wall Street overnight. The Taiex jumped 210.53 points or 2.52 per cent to close at 8,560.44 points, erasing all the losses it suffered in the
      264 words
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      Lock icon Hedge funds drive oil up
      252 15 ENERGY REPORT Reuters [LONDON] Oil prices powered higher yesterday adding to Thursday's dollar rally as speculative hedge funds stepped back into the market. North Sea benchmark Brent Blend crude futures were up 30 US cents at U5527.75 a barrel by 1030 GMT US light crude
      Reuters  -  252 words
    • Article
      Lock icon CURRENCY REPORT
      353 15 Reuters London THE euro battled to keep a grip on the promising rally it had begun to stage earlier in the week as disappointment at the rhetoric of the European Central Bank (ECB) in its support set in yesterday. Its problems were compounded as sterling recovered some of
      Reuters  -  353 words
    • Article, Illustration
      Lock icon Untitled
      1276 15 ntTERBAITK CROSS RATES May 12 A$ C$ Bmb Euro Ffr Dm HK$ Ind Bs Buplah Yen Won BM H2S P«k Bs Peso S$ Band Sfr NTS BaM fowl US$ Australia 0 861 4 801 0.643 4.215 1.257 4.506 25.419 49.780 0.626 6.447 2.198 1.213 29.963 23.993 0.998 4.059 0.999 17.789
      1,276 words
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      Lock icon Untitled
      1922 15 SICOM FUTURES May 12 RUBBER (futures closing <s at 5.30pm) RSS1 CONTRACTS cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jun 00 121.50 300 50 j«| 00 123.00 100 400 Aug 00 125.00 100 400 Sep 00 127.00 100 400 RSS 3 CONTRACT (US cents/kg) Volume Open Month
      1,922 words
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  • STOCKS east asia
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      Lock icon Hang Seng recovers on technical rebound
      2863 16 HONGKONG AFP Q Hang Seng +619.02 HONGKONG share prices rebounded 4.3 per cent yesterday to end a run of six consecutive losses, following a higher close on Wall Street, dealers said. "The technical rebound has come after the market factored in a possible US
      AFP  -  2,863 words
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      Lock icon Nikkei recovers to regain 17,000 level
      2049 16 TOKYO AFP P§ Nikkei 225 +475.40 SHARE prices in Tokyo closed 2.8 per cent higher yesterday, bolstered by a rally on Wall Street after diving to a sevenmonth low the previous day, brokers said. The key Nikkei 225 Index gained 475.40 points to 17,357.86.
      AFP  -  2,049 words
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      Lock icon CHINA
      1188 16 Reuters QShenzhenßlndex +0.29 CHINA'S hard currency B shares closed up marginally yesterday in slow trade following a four-session tumble this week. Retail bargain hunters bought textile issues ahead of Beijing's trade talks with the European Union early next week, spurred by hopes the country's World Trade Organization entry would
      Reuters  -  1,188 words
    • Article
      Lock icon TAIPEI
      385 16 AFP QWP Index +210.53 TAIWAN share prices jumped 2.52 per cent yesterday following Wall Street's overnight rally, dealers said. The Taiwan Stock Exchange Weighted Price Index surged 210.53 points to 8,560.44, on turnover of NT5122.10 billion. Risers led decliners 490 to 56, with 50 issues remaining unchanged. "Investors don't
      AFP  -  385 words
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  • STOCKS klse
    • Article, Illustration
      Lock icon KLCI falls amid settlement pressures
      426 17 AFP CI Composite Index -8.05 MALAYSIAN sharp* closed 0.9 per cent lower yesterday amid heavy settlement pressures and rumours that Finance Minister Daim Zainuddin would resign today, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended down 8.05 points at 912.66. The Second Board
      AFP  -  426 words
    • Article
      Lock icon Untitled
      8740 17 INDUSTRIALS Consumer products 2000 Last Vol Day C* High Loo Company Sale♦/- OOO High >•» p Sm(l 420 310 A|.nomoto 374 4 8 374 372 20.5 1516 158 91 Angkasa 98 1 16 98 96 5 144.5 670 290 Apollo Food Hlg... 520 -20 19 525 510 12.4 208.0 3150
      8,740 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      3175 18 BONDS WARRANTS w Wt »Hl rnmj lnn U,l Vat Day LntteXt "MX Ctm Urn Mk MM «H»I, in StiM <•—f—f SM 000) Wfk Lew Ni« Se«» rrtce ImMMH Net <%) U«l 80 17 S 3164 AcnviW6i0724 2S.5 0.5 348 27 24.5 25 25.5 27 41.0 I 300 >47 5T8 14
      3,175 words
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      Lock icon SEOUL
      307 18 AFP Composite Index -1921 THE Korea Stock Exchange Composite Index closed down 19.21 points at 740.30. Volume came to 187 million shares worth 1.8 trillion won. AFP Htl 12 Hon Anjm Sent ***** -1300 Biwi TkD 1350 60 C*ntr«IB«nh 1470 100 Cr*.IComm *****0 3SOO Dm Gu Ban* 1995 -5
      AFP  -  307 words
    • Article
      Lock icon MANILA
      293 18 AFP W% Composite Index +34J0 THE Philippine Stock Exchange Composite Index rose 2.3 per cent or 34.10 points to 1,539.31 due to bargain-hunt-ing on blue chips. Turnover fell to 2.12 billion shares worth 1.06 billion pesos from 3.50 billion shares worth 778 million pesos on Thursday. AFP Ma, 12
      AFP  -  293 words
    • Article
      Lock icon WELLINGTON
      276 18 AFP PjNZSE-40 +9.55 THE NZSE-40 Capital Index closed 0.5 per cent or 9.55 points up at 2.030.37 yesterday. Turnover came to NZ$lO5 million. "The kiwi market's showing relatively little volatility in this turbulent world scene." said Cavill White's Don Turkington. AFP May 12 MS (000) Advantage MOS .......3.01 0
      AFP  -  276 words
    • Article
      Lock icon SYDNEY
      573 18 AFP Q All Ordinaries +372 AUSTRALIAN shares closed up 1.3 per cent yesterday on the back of a rebound on US and other international bourses overnight, dealers said. The All Ordinaries Index finished 37.2 points higher at 3,004 and the newly-intro-duced SP/ASX2OO rose 38.4 points to 3,034.8. Volume came
      AFP  -  573 words
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      Lock icon BANGKOK
      797 18 AFP PJ SET Index +9J3 THAI share prices closed up 2.7 per cent on a technical rebound yesterday. The benchmark Stock Exchange of Thailand (SET) Index rose 9.13 points to 345.67, while the select SET 50 was up 0.70 of a point at 24.30. Advancers led decliners 164 to
      AFP  -  797 words
    • Article, Illustration
      Lock icon JAKARTA
      722 18 AFP P Composite Index -132 INDONESIAN share prices closed slightly lower yesterday after the rupiah dropped sharply. The Jakarta Stock Exchange Composite Index was down 2.32 points at 526.88 on a volume of 315.6 million shares valued at 494.49 billion rupiah. Declines outnumbered advancers 55 to 46. A dealer
      AFP  -  722 words
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  • Article
    Lock icon STOCKS sgx
    8164 19 SGX MAINBOARD Transaction date: May 12 Cr Or M m i Vol 0» Latt Quote Dtv W» Vhl Net C*p A»( Lm StNo Company Sale COOO) High Low Buyer Soltof C vr PIt $m»l Price MULTI-INDUSTRY 182 95 m c tOOO Acma 50c...... 132 cd *1 182 133
    8,164 words
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      432 20 wmmmmmmmmum n mm n irim n —i —i mmiwmmmmmnmmmmmmmmimwmmmmimmmmmmnmmmmmmmmmmmmmmmnmmmmmmmmmmmmmmrnm .'WM. A«r Where to wine, dine and fisssr SSiSSL'S aa»afi£ 12, 13 14 May 8-course set menu for 6 to 7 pax at S2BB, and 9-course at $388, $498 $688 for 8 to 10 pax. All mothers will receive door gifts
      432 words
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      44 20 Mother sKedfs-H May 2000) Come and celebrate Mother's week at Mandarin Singapore and stand a chance j to win attractive prizes in our lucky draw, j Reservations: 831-6288 t jfWr* I H Orchard Koad S.rvftapure 2J8367 "Vr:~ M 717 4411 Fax: 712 2161 I
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  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      1204 20 Page 20 The Business Times, Saturday, May 13, 2000 CRYPTIC CROSSWORD Central First Time (s** ur 3-0® PM Zimfoni. 10.00 Headlines. fj F I [3 [5 Hq [7 I |g Choice). 3.30 Antara Dua Irama. 10.03 Capital E. I I 1 I 8.00 AM Kids Central: 64 q.qq Growing Up.
      1,204 words
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  • The Arts
    • Article, Illustration
      Lock icon Acquired tastes
      2839 21  -  Nice to look <it, nice to own. But stolen tre&sures open Pcmdoni s box of woes, <1 museum director, collector cind gcilltr\ o\\ nei u 11 parvatua nayar PARVATHI NAYAR CONTROVERSY hounded the recent Hongkong auctions of the allegedly looted Chinese treasures from the Summer Palace. The hammer
      2,839 words
    • Article, Illustration
      Lock icon Translating spirit of Expo 2000 into art
      659 22  -  By Felicia Yap ART For Expo. An unlikely name for an international art competition, but its results are hardly as ambiguous as the name may seem. The fruits of the competition an impressive collection of 56 paintings now hang on the walls of
      659 words
    • Article
      Lock icon 5 students win Ericsson prizes worth $40,000
      316 22  -  "y Koh Huiting ERICSSON Consumer Products Asia Pacific Pte Ltd yesterday presented scholarships worth $40,000 to five outstanding young artists at the official opening of the sth Ericsson Scholarship Competition Exhibition at Wetterling Teo Gallery. The winners are all finalyear fine art students
      316 words
    • Article, Illustration
      Lock icon THE PROGRAMME
      1591 23  -  Compiled by M Yasotha MUSIC Singapore Symphony Orchestra Singapore Symphony Chorus 20th Anniversary Concert/Beethoven Symphony Cycle The universal brotherhood of man is extolled in Beethoven's last and mightiest symphony, his ninth. Its choral finale with four vocal soloists and chorus is the musical setting of Schiller's Ode to
      1,591 words
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      Lock icon SPOTLIGHT
      218 23  -  By Aaron Lye The Buzz: The St Andrew's Mission Hospital Charity Art Exhibition, held to raise fUnds to supplement the high running cost of operating all its facilities. Plot and Players: St Andrew's Mission Hospital, a voluntary welfare organisation providing subsidised healthcare services to the needy, and over 40
      218 words
    • Article, Illustration
      Lock icon Blurred visions
      576 24  -  The paintings by Eric Chan have a restful feel to them, writes pakvathz nayar PARVATHI NAYAR ERIC Chan's paintings have that blurred quality to them, that make you want to halfclose your eyes and squint them into focus. The works are abstract, yet have the ability to suggest
      576 words
    • Article
      Lock icon 3 S'poreans bag top prizes in piano competition
      542 24  -  Prodigies show that S'pore can produce world-class talents By Koh Huiting THREE young Singapore musicians did the country proud again when they swept top awards in their categories at this year's Bartok-Kabalev-sky-Prokofiev International Piano Competition in the US. All three Rodney Bay,
      542 words
    • Article, Illustration
      Lock icon Forget the Muppets — watch local talents paint a magical world
      528 24  - Forget the Muppets watch local talents paint a magical world By Koh Huiting REMEMBER that Chinese folk tale story that used to be read to children before bedtime about a little boy and his magic paintbrush which could bring to life anything he painted? Come end of May, theatre-goers can
      528 words
    • Article, Illustration
      Lock icon When music pulls his heartstrings
      716 24  -  For Czech guitarist Josef Mazan, his instrument and his music are very much his life tiy Felicia Yap CLAD from head to toe in stylish black, the hulking guitar virtuoso strides up to the table with his bulky instrument case and sets it down with
      ARTHUR LEE  -  716 words
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      108 22 2#* 7 1, j*.' ~V SP" jTv- «s. /'■'.®S?L ■^P^H^AWn ■JmlWlpi L If you are enthusiastic about the and would like to be a remisier, we can initiate you towards your goal. I i W6 are looking for mature people with drive and good potential client network to be part
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      67 23 With PruMortgage Unemployment Cover, your iilj BW m VSpPCs» f msS VJJ r f i if I Introducing Singapore's first mortgage plan For more your or us Alternatively, our website at www.prudential.com.sg/prumortgage. Prudential Assurance Company Singapore (Pte) Limited. 30 Cecil Street DO 01 Singapore 0497 1 2. Tel: 1800 3
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