The Business Times, 29 March 2001

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 52
1 52 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) 107/03/2001 SINGAPORE Internet: http://business-times.asial .com.sg/ THURSDAY, MARCH 29, 2001 85C
    15 words
  • 80 1 sn M 6432 (-25.07) BT-SBI ***** (-5.21) ST INDEX FUTURES 1,660.00 (-35.00) smsa futures 209.40 (-4.10) STOCK MARKET INDICES Wednesday Change KI«SE COMP 660.82 -2.65 NIKKEI 225 13,***** +127.18 HANG SENG *****.41 +143.51 SET INDEX 287.10 -3.92 JAKARTA COMP 375.18 +5.88 MANILA COMP 1,451.56 +4.56 TAIPEI WPI &819.39
    80 words
  • 81 1 FOREX EATES us$ s$ USS (S$ per US$) 1.794 S(USS/SS per£) 1.433 «70 EURO(USS/S$/E) 0.891 1.598 DM 2.196 1524 YEN 122.1 68.00 RM 3.800 2.119 HKS 7.800 4148 BAHT 44.40 24.75 RUPl AH 10,399 5,798 •AS to 100 units PBOIE RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA .39.00 BANGKOK
    81 words
  • 475 1  -  US businessman and German lawyer charged following ICAC swoop From Quak Hiang Whai in Hongkong HONGKONG'S anti-corruption agency yesterday charged two men for conspiracy to deliver fake US securities with a staggering face value of US$l4B billion (***** billion) to
    475 words
  • 593 1  -  Multimedia kiosks will allow services from paying of bills to online bookings By Janice Lee [SINGAPORE] Singapore will soon have a new nationwide network of multimedia terminals that allow the public to make a range of e-trans-actions access e-govern-ment services, pay bills, make online reservations
    593 words
  • 735 1  -  COMMENTARY With DBS in tow, it is front-runner in the bidding for 40% Nets stake, writes R Shrmntthy R Sivanithy WITHIN the next month or so, the Monetary Authority of Singapore (MAS) is expected to announce the successful bidder in the recent closed tender for 40
    735 words
  • 533 1  -  RATTLES TOWN CLUB SAGA By Ling Su Ann [SINGAPORE] The hottest court battle in town could be headed for an out-of-court settlement. The unexpected development in the bitter tussle for control of the cash-rich Raffles Town Club came a day after Europa Holdings
    533 words
  • Page 1 Advertisements
    • 83 1 «smE Optus Deal Sing Tel closes 7 cents higher. Pg 6 Morgan Stanley stands to earn up to $50m in fees. Pg 6 BT Comment Sing Tel needed an Optus. Bill Gates and Palm would have understood why. Pg 6 Markets US primed for bull run, believe it or not.
      83 words
    • 26 1 Defiant Gus Din could face impeachment WM Next Page Vickers Capital to merge with Vertex Venture »p S 4 M'sia manufacturing sector COOIS Off Pg 13
      26 words

  • NEXT page
    • 644 2  -  With jobs at stake and uncertainties in the region, they'll vote carefully From Chuang Peck Ming in league SINGAPORE'S economy is likely to grow 5 per cent this year and the slower growth will make voters think carefully when they go
      644 words
    • 575 2  -  Reports by Audrey Tan in Hongkong PACIFIC Century CyberWorks, hit by losses on its investments and large interest expenses, posted a much higher-than-expected aftertax loss of HK$6.9l billion (551.59 billion) for the year ended Dec 31. The company also wrote off US$22 billion against
      REUTERS  -  575 words
    • 321 2 THE usually media-friendly Richard Li, executive chairman of Pacific Century CyberWorks, gave his company's press briefing a miss yesterday widely seen as an attempt to dodge more awkward questions on his "Stanford degree" fiasco. The company gave no reason why Mr Li was not
      321 words
    • 540 2  -  He attacks Parliament for censuring him From Shoeb Kagda in Jakarta INDONESIA'S President Abdurrahman Wahid could face imminent impeachment after he attacked Parliament yesterday for censuring him, setting the stage for a showdown. In his reply before the House of Representatives (DPR), which was
      540 words
    • ON THE grapevine
      • 87 2 RESEARCH analysts are well known for coming up with odd recommendations such as "neutral", "hold" and "accumulate" all of which are arguably euphemisms for "sell". But rarely have we seen Deutsche Bank's latest call on Cable Wireless Optus following SingTel's bid. From a previous "buy",
        87 words
      • 113 2 US investment advisory newsletter The KonLin Letter has this to say of the state of the markets: "The economy is falling apart and corporate earnings are deteriorating faster than the liquidity environment is improving. The slew of data released last month suggests we have entered into a
        113 words
      • 113 2 HONGKONG billionaire Li Ka-shing raised quite a few eyebrows among the Hongkong media when he said last week that he had Singapore permanent residence status. Some of the reporters decided this was one hot issue to follow up on even though Mr Li is said
        113 words
  • Page 2 Advertisements
    • 462 2 KPMGSeminarSeries Bonds and Notes Unravelling the mathematics and the opportunities Tuesday Wednesday, 24 25 April 2001, 9.00 am to 5.00pm Orchard Hotel Singapore Why As interest rates in most economies head south, the interest in bonds and fixed income securities grows. The pedestrian, safe deposit box keepsake bond structure has
      462 words
    • 18 2 5-5.5% growth forecasts are realistic: US embassy, Pg 9 Will Gus Dur fulfill predictions of survival?, Pg 14
      18 words

  • Page 3 Advertisements
    • 85 3 i [11 nii i h i bn 11 r h n r M a u I H ■Biirlt'r [■yllll U I I hUI D LOUIS VUITTON *****11 ullDßlf tf V 811 I I^^HBhI^^BmpHUNH EMMt I I I K' w II I I 1 i V H^ I f v v
      85 words

  • SINGAPORE companies
    • 602 4  -  Merged entity will then become listed venture capital arm of Singapore Technologies liy Siow Li Sen VICKERS Capital, a unit of Vickers Ballas Holdings, said yesterday it will merge with Vertex Venture Holdings, which will then become the listed venture capital arm
      602 words
    • 638 4  -  HocKfPTyr^Hn lee han shih CAN the Singapore stock market accommodate one listed venture capital fund, let alone almost half a dozen of them? Yesterday, the newest of such funds made its grand entrance. Vertex. long the investment arm of the gov-ernment-owned Singapore Technologies
      638 words
    • 352 6  -  It is the first contact lens maker to go public here Liew Hanqing CONTACT lens maker and distributor Oculus yesterday launched an initial public offer of 21.96 million shares at 23 cents apiece. The offer, representing about 30 per cent of
      352 words
    • 413 6  -  Company plans to expand regionally, opening offices in Brnnei and Thailand. Itu Andrew Wee E-COMMERCE solutions provider TXI23 Pte Ltd plans to bring in strategic investors to build up its customer base. TXI23 chairman Stephen Yeo said the company is talking to
      FILE PHOTO  -  413 words
    • COMPANY Briefs
      • 75 7 SINGAPURA Building Society said net profit for the first half ended Dec 31 fell 26 per cent to $2.07 million, mainly due to prudential loan provisions after taking into account the prevailing market conditions. The finance company's turnover rose 5 per cent to SI 1
        75 words
      • 104 7 TILE maker ASA Group said 2000 net profit fell 6 per cent to $11.9 million. Group turnover rose 15 per cent to $71.6 million, due mainly to the introduction of new polished homogeneous tiles which were well-received by customers. Turnover was also boosted
        104 words
      • 96 7 BAN Joo Co's net profit for the six months to Dec 31 fell 64 per cent to $1.09 million. Turnover fell by about 7 per cent to $54.2 million, as a result of weaker local currencies in Asia and Africa against the US
        96 words
      • 58 7 Reuters NIPPECRAFT Ltd said 2000 net profit fell to $2.12 million from $2.21 million in 1999. Turnover rose to $282.82 million from $121.55 million. Nippecraft designs and manufactures diaries, stationery and related products. However, there was a foreign currency loss which resulted from weakness
        Reuters  -  58 words
    • 287 7  -  By Christopher Tan LISTED taxi company Comfort Group has bought a 25 per cent stake in Hongkong coach operator Trans-Island Limousine Service (Tils) for HK$4O million (559.2 million). The investment is Comfort Group's largest in a while. Its last major purchase, costing
      287 words
    • 223 7 DBS Group yesterday said it was not only focused on acquisition, but was also looking at organic growth and integrating and strengthening the businesses that it already has. "By no means do we mean to rule out acquisitions," the bank said in a statement
      223 words
    • 259 7 LISTED broker Ong Asia yesterday reported a 60 per cent slide in earnings in 2000, and reiterated it is in discussion with various parties on a possible merger. Net profit for the year slumped to $7.1 million from $17.5 million in 1999. Turnover was
      259 words
    • 286 7  -  liy Adeline Chuah MAINBOARD-LISTED Stratech Systems Ltd fell into the red with a net loss of $8.8 million for the year ended Dec 31, reversing its net profit of $4.3 million for the previous year. Turnover dipped 51.7 per cent from $11.4
      RICHARD CHNG  -  286 words
    • 340 7  -  Fnnds may have been attracted by 5.25% yield: analysts lift David Boey SHARES of Chartered Semiconductor Manufacturing fell 34 cents, or 7 per cent, to their third-weakest close of $4.56 yesterday as investors moved to swap the scrip for convertible
      Source: Bloomberg  -  340 words
    • 292 7 Group to book $356 m gain from the divestment RAFFLES Holdings shareholders yesterday overwhelmingly approved the sale of 55 per cent of Raffles City complex at an extraordinary general meeting. A total of 1.25 billion shares were represented in the voting at
      292 words
    • 293 7  -  Firm, meanwhile, unveils tie-up with a financial portal By Liew Hsnqing PLANS to list Terra LycosSing Tel venture Lycos Asia have been put on hold because of the dismal market prospects, according to a Lycos Asia director. Sing Tel had
      293 words
  • Page 4 Advertisements

  • Page 5 Advertisements
    • 130 5 i jiin Jjfi You can now enjoy three non-stop flights a week to Munich the capital of Bavaria and home of the world famous Oktoberfest. What's more, KrisFlyer and Lufthansa Miles More members will receive up to 11,000 bonus miles for travel out of Singapore by 15 June 2001 f
      130 words

  • OPTU deal
    • 344 6  -  Optus fall also eases, giving the Sing Tel stock an implied valne of $1.43 Hi, Teh Hooi Ling SINGAPORE Telecommunications (Sing Tel) shares snapped a two-day losing streak to close seven cents higher at $1.95 yesterday. Volume was heavy at 97
      344 words
    • 515 6  -  US investment bank no stranger to Sing Tel, having helped it in other acquisitions Reports by Loh Hui Yin MORGAN Stanley Dean Witter Co, which has been cultivating Singapore Telecommunications (Sing Tel), stands to earn fat fees of easily up
      515 words
    • 494 6 ANY disposal of Singapore Telecommunications (SingTel) shares by Cable Wireless (C&W) when the lock-up period expires would be more manageable than the huge overhang experienced by Pacific Century CyberWorks, say investment bankers and analysts. For one, C&W would have only up to 6 per
      AP  -  494 words
    • 735 6  -  TECHNOLOGY Sing Tel needed an Optus. Bill Gates and Palm would have understood why kenneth james WHAT has the SingTel-Optus saga got to do with Singapore's 3G auction. Bill Gates' Tablet PC, Ericsson's planned layoffs, and Palm Inc's results? More than you might imagine. For a
      735 words
    • 289 6  -  MAILrm Carol Sim Siew Tin Singapore via Internet ON the SingTel-C&W Optus deal, I would like to highlight some points. As Sing Tel is publicly listed, its business decisions have an impact on both the business and the stock market, especially as
      289 words


  • SINGAPORE markets
    • 347 8 Stocks Volume SingTel 15c 96,969.000 Chart Semiconductor 26c 28,368,000 Goldtron 5c 14,433,000 Frontline 5c 9,179,000 Vicplas 5c 9,029,000 PacificCenturylOc 8,680,000 GES Intl Ltd 20c 8.631,000 Integra 5c 8,404,000 Strike Engg 5c 8,070.000 Omni Ind 10c 7,525.000 Stocks SingTel 15c 187,154,708 Chart Semiconductor 26c 132,956,380 DBS Grp 51,746.865 SIA 50,923,915 OCBC
      347 words
    • 613 8  -  STOCKS r. sivanithy Yesterdays stock market session started with plenty of promise as the buying of banks and a rebound in Singapore Telecom (Sing Tel) lifted the Straits Times Index back above 1,700 points. But the session ended like most others
      613 words
    • 175 8  -  WARRANT WATCH By R Sivanithy THERE doesn't seem to much going on in the market at the moment except for the SingTel-Cable Wireless Optus (CWO) deal, so we'll keep our attention on that for the time being. Yesterday, we featured the put warrant issued
      175 words
    • 222 8  -  HOTSTOCE By Ven Sreenivasan THE stock of Chartered Semiconductor Manufacturing plunged to its third-low-est close yesterday, finishing 34 cents or 7 per cent down at $4.56 as the company launched a convertible bond issue. A total of 28.4 million shares changed hands four times more
      222 words
    • 460 8 Surprise jump in US consumer confidence readings boosts US$ AFP THE euro fell in Asia yesterday after a surprise jump in US consumer confidence readings buoyed the US dollar, traders said. The greenback slipped against the yen, however, with investors accumulating the Japanese currency
      AFP  -  460 words
  • 3005 8 UNIT TRUSTS FUNDS Manager's prices (Ss): Mar 29 Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global MNC Fd 0.740 0.778 Global Technology Fd!** 0.629 0 662 UK Blue Chip Fd!** 0.749 0.787 American Opport Fd 0 806 0.847 Cont Euro Eqty Fd!** 1.047 1.100 Japan Eqty Fd!** 1.233 1.296
    3,005 words
  • Page 8 Advertisements
    • 32 8 i EXECUTIVE SUITE Get up-to-date on the property market, and look out for our new weekly I ie^a matterS Column ntenor decor architecture ana gardening stories In The Business Times every Thursday.
      32 words

  • SINGAPORE news
    • 447 9  -  Proper homework needed as he cited experiences in China and India From Chuang Peck Ming in brogue THE big economic picture on Poland, Hungary and the Czech Republic looks enticing but Singapore investors must not rush in as they had done
      JOYCE FANG/ST  -  447 words
    • 131 9 IN an article "To be or not to be a scholar" (BT, March 20), we said that "Once you attain the rank of a major, everyone has to compete," and "SAF scholars usually attain the rank of major within a year." The Ministry of Defence has clarified that SAF
      131 words
    • 253 9 THE Ministry of Trade and Industry announced yesterday the appointment of board members of the new Energy Market Authority of Singapore (EMA). Chiang Chie Foo, 44, Permanent Secretary for Education and chairman of the Public Utilities Board (PUB), will be chairman of EMA
      FILE PHOTO  -  253 words
    • 297 9 Tightening will affect new projects from Jane 1 THE government will cut man-year entitlements (MYE) for the construction industry by a further 5 per cent in June. A Ministry of Manpower release yesterday said the tightening of the MYE
      297 words
    • 359 9  -  Anna Teo WHILE the risks are "clearly weighted toward near-term economic weakness", forecasts of 5 to 5.5 per cent GDP growth for Singapore this year are still realistic, says the US embassy in a report released yesterday. There should be some recovery in key
      359 words
    • 517 9  -  Webmasters got biggest hike of 36% to $60,000 a year in 2000: survey Hy Andrew Wee DESPITE many dotcoms going bust. Internet related jobs are still very much in demand. Last year, gross salaries jumped by up to 36 per cent, according to a recent
      517 words
    • 379 9  -  URA launches 0.93 ha site at Chnan Green in Serangoon By Andrea Tan LANDED homes may be doing well, But consultants expect bids for the first landed site this year to reflect the limp market. The Urban Redevelopment Authority yesterday launched a 99-year-leasehold
      379 words
    • 415 10  -  NEWSPAPER ASIA 2001 Yock Snan urges media to maintain credibility, standards Reports by Eugene Low THE government intends to keep a closer eye on trends in news reporting through the Public Advisory Committee (PAC), Arts and Information Minister Lee Yock
      FILE PHOTO  -  415 words
    • 284 10 THE rise of the Internet does not necessarily sound the death knell for newspapers, one of Singapore's leading newspaper executives said yesterday. Good quality, well-edited newspapers will continue to thrive despite tougher competition from other media, said Cheong Yip Seng, editor-in-chief of
      284 words
    • 317 10 Local garment firm is the first to secure go-ahead from the Indonesian embassy A SINGAPORE garment manufacturer has secured the gohead from the Indonesian embassy here to invest in a plant in Java, making it the first under a new Indonesian government scheme authorising
      317 words
    • 347 10 Users can analyse based on trends, rank, peer groups FROM now on, exhaustive financial data on any bank here is at the tip of your fingers of course, at the click of a mouse. International auditing firm KPMG Singapore has launched a
      347 words
    • 719 10  -  Vision Century to invest HKs4oom more in Shenzhen Cybercity Phase II Frrmi Quak Hiang Whai m Shenzhen ASCENDAS Private Limited, the business park specialist of JTC Corp. plans to expand its network of international business parks through both organic growth as well as
      FILE PHOTO  -  719 words
    • 314 10  -  MAILTEm Chen Seh Choong Singapore, via Internet I AM a "founding member" of the Raffles Town Club. When I was invited on Nov 9,1996, to join the club as "a limited number of exclusive individuals", the invitation came in a letter that
      314 words
    • 330 10  - Overcrowded RTC is there recourse for members? James Wong Singapore, via Internet I AM following with interest the court proceedings concerning Raffles Town Club. As a member, I am disgusted that so many unethical practices have surfaced. I went to the club only twice and it was a nightmarish experience.
      330 words
  • Page 9 Advertisements
    • 38 9 A GUY RITCHIE FILM the director ot Lock, Stock and Two Smoking Barrels i snatch BRAD PjTT ff •MICH 111 Till IENMi FAUNA VINNIE JINES IMI PITT MIE SREIIEIGIA JASIN STITMM Snatch It Mar 29 S EH sony.com/snatch
      38 words

  • Page 10 Advertisements
    • 173 10 PATENTING YOUR business methoo Protection for your business ideas and Investments 11 April 2001, 9.00 am to 3.00 pm, Hotel Inter-Continental* Singapore > Speakers: Topics Chairman Obtaining patent protection in Singapore John Dick and your main overseas markets Regional Managing Partner, Freehills, Singapore Where and when should I file a
      173 words
    • 64 10 We welcome letters. E-mail us atbtletter® sph.com.sg or faxusat *****71, or write to: The Business Times, Times House, 390Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in mind libel laws.
      64 words

  • Page 11 Advertisements
    • 177 11 Uptime \jtmmH no matter what it takes I f solutions, promising you non-stop operations and 24x7 network availability when you entrust your m corporate priorities I Highly Customized Service Level Management (SLM) Assurance Reports [ISPi® i ow. I i 1 J? 5" ~'®f ,3^2"-' if'"™; I^lHilflibllV/»H I y Kh| i
      177 words

  • EDITORIAL & opinion
    • 878 12  -  mi\\4 1 bottom line OPINION david mason The writer was a partner in an international accounting firm in Singapore for 14 years. He is now a business consultant in the United Kingdom. He contributed this article toBT. IT is spring in the northern hemisphere.
      878 words
    • 90 12 The irony in Mad was a useful device to screen and protect oneself from a deadening mass culture. Now the deadening mass culture uses the weapons of satire and irony to immobilise us.' Art Spiegelm&n US cartoonist, on why Mad magazine 's irreverent parodies of movies and
      90 words
    • 620 12 EDITORIAL IN his intriguing bestseller The Dream Society, futurist Rolf Jensen talks about a major transformation underway: the Information Age, he says, is giving way to a society focused on dreams, adventure, spirituality and feelings. Science and technology the main contributors to the huge
      620 words
    • 880 12  -  If attitudes in Japan don't change, the world's No 2 economy could go into a tailspin with disastrous consequences Robert J Samuelson The Washington Post Writers Group OVER the past decade, Japan's economy has journeyed from a powerhouse (which could apparently do no
      The Washington Post Writers Group; AP  -  880 words
    • 780 12  -  COMMENTARY Either public opinion or the Fed conld put paid to the lopsided Bash tax plan Paul Krugman The writer is a professor of economics at Princeton University NYT PRESIDENT George W Bush's tax cut plan has never been distinctive for its content,
      NYT  -  780 words

  • MALAYSIA news
    • 693 13  -  Bank Negara sees expansion easing to 8.5% this year from last year's 21% From Eddie Toh in Kuala Lumpur THE pace of growth of the Malaysian manufacturing sector the second largest contributor to the economy will slow down considerably, although economic growth is expected to reach
      AP  -  693 words
    • 276 13  -  From Eddie Toh hi Kuala Lumpur THE Malaysian central bank is not expected to raise banks' limit for share market financing in the near future, according to its governor yesterday. Zeti Akhtar Aziz said bank lending for share financing was only 7 per cent
      276 words
    • 277 13 KUALA LUMPUR As at end of Jan, it was owed over RMlb -np 10% Reuters MALAYSIAN gaming firm Berjaya Sports Toto Bhd said it was owed 1.05 billion ringgit (***** million) at end-Jan-uary. a 10 per cent rise from the previous quarter, reigniting concerns
      Reuters  -  277 words
    • 169 13 JAKARTA AFP INDONESIA'S state oil and gas company Pertamina yesterday signed a major contract with Malaysia to supply 1.5 trillion cu ft of gas from the Natuna sea over a period of 20 years. The contract will net Indonesia some US$6.2 billion (SSll
      AFP  -  169 words
  • Page 13 Advertisements
    • 153 13 W^^m B B m w IB A T am, WW 8888 I I B B POWER WHEREVER YOU NEED IT. WHENEVER YOU NEED IT. Whether your power needs are for short term, long term or even an emergency, you can now rent your power from Cummins Power Rent. We'll deliver
      153 words

  • REGIONAL news
    • 572 14  -  Market speculates that they failed to adhere to policies of Thaksin govt From Harish Mehta in Bangkok FOUR of Thailand's most powerful financial czars may be axed by the new government in a wave of politically motivated moves because of
      572 words
    • 893 14  -  ASEAN Letter's belief aside, the wheels are set in motion for ouster yang razali kassim THE intrepid British scholar and South-east Asia watcher, Michael Leifer, had predicted that embattled Indonesian President Abdurrahman Wahid would survive against all odds. The reason is simple, yet
      REUTERS  -  893 words
    • 493 14 JAKARTA Weak rnpi&h, high interest rates cited as reasons Reuters, AFP INDONESIA'S finance minister said yesterday there was a danger the government might have to conduct a second round of hugely costly bank recapitalisations because of the weak rupiah and high interest rates. That
      Reuters,; AFP  -  493 words
    • 263 14 JAKARTA Forestry secretary general is second official to be fired this month AFP AN OFFICIAL accused by Indonesian President Abdurrahman Wahid of taking part in a plot to oust him was fired, the state Antara news agency said yesterday. Suripto, secretary
      AFP  -  263 words
    • 284 14 JAKARTA Reuters INDONESIA yesterday proposed setting up a team to review the controversial sale of oil plantations to Malaysia's Kumpulan Guthrie, a move likely to further rattle wary foreign investors. The around US$345 million (Ss6lB million) deal for 25 plantations has been
      Reuters  -  284 words
    • 464 16 BEIJING Bank will still implement, improve current exchange system: Dai Reuters CHINA'S central bank governor, Dai Xianglong, expects a more flexible exchange rate after China joins the World Trade Organisation (WTO), state media said yesterday. "After WTO entry there will be
      Reuters  -  464 words
    • 424 16 HONGKONG Watch profitability, rise in delinquency ratio, it warns Bloomberg HSBC Holdings pic. Bank of China and other banks competing for home lending business in Hongkong were warned by the city's regulator that their rivalry will threaten profit if it becomes too
      Bloomberg  -  424 words
    • 121 16 Reuters [HONGKONG] In an effort to go green, the Stock Exchange of Hong Kong is considering changing some of its listing rules to cut down on the use of paper. The exchange said late on Tuesday that it will consider allowing listed
      Reuters  -  121 words
    • 193 16 HONGKONG AFP WHILE Hongkong residents were mostly confident in the territory 's future prosperity, job worries and economic problems continue to weigh heavily on their minds, a government survey showed yesterday. Labour and economy-re-lated problems remained the most frequently mentioned concerns in the
      AFP  -  193 words
  • Page 14 Advertisements
    • 159 14 FINE WINE PRESERVATION TECHNOLOGY Made in Denmark The VINTEC cellars offer a combination of techinical features such as refrigeration, heating system, humidity recycling and ventilation with aesthetic finishes of plain opaque doors or anti UV smoked-screen glass doors with .4 wooden shelves. Features: Brown Multi positional wooden shelf system Castors
      159 words

  • VIETNAM today
    • 1111 15  -  Picture a Viet cafe set up in '99 for investors to trade shares when the stock market was just a dream. The rest as HAKISH MEHTA finds out, is history HARISH MEHTA A YOUNG homegrown would-be stockbroker could not wait any longer for the Vietnamese
      PHOTOS BY HARISH MEHTA  -  1,111 words
    • 876 15  - Two major homegrown successes the Viet way Formerly state-owned Sacom and REE have blossomed into profitable public companies Bu Harish Mehta ONE of the best performing companies on Vietnam's fledgling stock market is a cable-making factory built during the Vietnam War years by an army officer of the US-backed Saigon
      876 words
  • Page 15 Advertisements

  • Page 16 Advertisements
    • 316 16 E «W«»WBaCTffiMPBK3MiftSa»JilgKliTMgigW»agfcvpW3lttfl^^3^Bp M I G hspi N WITH LONG I '....i-v•' V'-iis^.;ri-v' r V V- 'V V BJTTTTTTMi^^ a 'ww m, _^a I Nw advanced New, soft h^Mtihd polymer alloy thermoplastic center The new Tour Distance SF produces long drives, while at the same time providing Surlyn® cover blend yS
      316 words

  • Page 17 Advertisements
    • 149 17 E-commerce is challenging and tremendously rewarding. We can also connect you to the world through our global exchange But like rock climbing, it's easier to reach the top when you're network and regional hubs. And no matter what industry you're properly equipped. in, we'll tailor our services to meet your
      149 words

  • e-NEWS
    • 597 18 It says it expects a per-share QI loss of 10-12 US cents, instead of 4 US cents Bloomberg {BRAMPTON, Ontario] Nortel Networks Corp, the biggest maker of fibre optic equipment, forecast a wider first-quarter loss and lower sales than it expected last month,
      Bloomberg; REUTERS  -  597 words
    • 645 18 Bloomberg [SANTA CLARA, California] Palm Inc, the biggest maker of electronic organisers, slashed sales forecast and said it expects a loss this quarter and announced plans to fire 250 workers. Its shares fell as much as 36 per cent. The company forecast a
      Bloomberg; REUTERS  -  645 words
    • 158 18 PRAGUE Bloomberg EASTERN Europe's online and electronic commerce business has grown slower than expected, lagging behind Western Europe and the US, as many consumers are still concerned about data security and can't afford to buy home computers. With average incomes in East Europe
      Bloomberg  -  158 words
    • 464 18 Though not destructive, W32.Winnx sets a disturbing precedent Reuters [SAN FRANCISCO] A computer virus that can infect PCs running either the übiquitous Windows operating system or the increasingly popular Linux operating system emerged on Tuesday, which its discoverers say is a
      Reuters  -  464 words
    • 391 18 ■LONDON Verizon wants to use CDMA2OOO in US, instead of UMTS FT A DISPUTE over mobile phone standards has caused a rift between Vodafone, the world's biggest mobile operator, and Verizon, its US partner. The two are at odds over using in the
      FT  -  391 words
    • 265 18 SAN FRANCISCO Reuters THE US recording industry accused Napster on Tuesday of wilfully ignoring a federal judge's order to block copyrighted material, saying the Internet song-swap service was still facilitating the trade of millions of illegal music files. In papers filed at the US District
      Reuters  -  265 words
    • E Briefs
      • 132 18 Bloomberg [HONGKONG! Chinadotcom Corp said it will cut about 400 jobs, close offices and consolidate operations worldwide by the end of the second quarter to reduce costs. China's largest website operator said in a statement it will have fewer than 2,000 employees by the end of
        Bloomberg  -  132 words
      • 121 18 Bloomberg [MILAN] Tiscali SpA, Europe's second-largest Internet service, said its loss widened last year as the company made acquisitions and invested in marketing. The loss, excluding last year's US$4 billion (Ss7.l billion) acquisition of World Online International NV, widened to about 188 million euros (*****
        Bloomberg  -  121 words
      • 89 18 Bloomberg [NEW YORK] AOL Time Warner Inc, the largest media and Internet company, said it may take a "significant" non-cash pretax charge in the first quarter to write down the value of some of its investments. AOL Time Warner said that because
        Bloomberg  -  89 words
      • 115 18 Reuters [TOKYO] Japan's biggest mobile operator DoCoMo and the Japanese unit of the world's biggest soft drinks firm Coca-Cola Co will begin trials in Tokyo this summer to let people pay for drinks from vending machines using their mobile phones. NTT DoCoMo Inc
        Reuters  -  115 words
      • 79 18 Reuters [SEATTLE] Britain on Tuesday completed the first step in its project to shift government functions to the Internet, unveiling a service built by software giant Microsoft Corp that lets people pay taxes and farmers apply for subsidies online. The Government Gateway is part of
        Reuters  -  79 words

  • SOUTH asia
    • 804 19 NEW DELHI They are freezing wage hikes, closing offices and may even resort to job cuts Bloomberg INDIA'S software companies are learning the hard way that their ride up with the technology boom in the US has a flip side: They
      Bloomberg; REUTERS  -  804 words
    • 325 19 BOMBAY Bloomberg INDIA'S stock market regulator said it is extending a ban on short-selling, looking to curb speculation in a market that has been roiled by scandal in the past month. The ban, imposed on March 7, requires short-sell-ers to close out their
      Bloomberg  -  325 words
    • 356 19 NEW DELHI New post will boost nndear deterrence, say analysts AFP INDIA on Tuesday announced a revamp of its scan-dal-hit military, including a new post to ensure control over its nascent nuclear arsenal, and a plan to weed out high-level corruption. "The CDS
      AFP  -  356 words
  • Page 19 Advertisements
    • 168 19 generation business m| v j^^^H^S|3^B^^S|HE&H|^QMfil&^^s|^9^s^S^^^^^| I Our C2T technology removes 232 connectors, S3 cables and up to /s our Light Path Diagnostics a panel of pilot lamps that make it easier to spot and stop faults. And to help you stay What's more, innovative and excellent features (see xSeries 330
      168 words

  • WORLD news
    • 412 20 MELBOURNE It gets more control in BHP coal venture, hedge against Internet losses Bloomberg MITSUBISHI Corp, Japan's No 2 trading company, agreed to pay BHP Ltd Asl billion (SsB93 million) to boost its stake in Australian coal mines, increasing its control of a
      Bloomberg; REITERS  -  412 words
    • 332 20 TOKYO Bloomberg SANYO Electric Co plans to cut about 6,000 jobs in Japan over three years, or 12 per cent of local staff, and said profit may fall in the next six months on slowing sales of parts to mobile phone makers.
      Bloomberg  -  332 words
    • 317 20 TOKYO Slowing sales, falling prices to blame for lower spending in fiscal 2001: survey Bloomberg JAPANESE companies will cut spending on new factories and equipment amid slowing sales and falling prices. Industrial Bank of Japan (IBJ) said in a survey. Investment in new
      Bloomberg  -  317 words
    • 402 20 TOKYO New entity to take combined market share of over 30% Reuters TWO of Japan's top money brokers, smarting from a drop in call market, volumes as a result of ultra-low interest rates, announced yesterday a merger to create Japan's second-biggest money broker. Ueda
      Reuters  -  402 words
    • 429 22 Thousands of rich individuals and corporations avoid paying their fair share each year Reuters (WASHINGTON] Rich Americans and corporations who don't pay what they should in taxes will cost the country more than US$2 trillion (553.6 trillion) over the next
      Reuters  -  429 words
    • 547 22 BRUSSELS Deal creates world's largest satellite services provider, gives SES US access Reuters LUXEMBOURG'S Societe Europeenne des Satellites (SES) said yesterday it had agreed to buy General Electric Co's satellite unit, GE Americom Communications, for US$5 billion (Ss9 billion) in cash and
      Reuters  -  547 words
    • 310 22 BURBANK, California Bloomberg WALT Disney Co. the secondlargest media company, will cut about 4,000 jobs, or 3 per cent of its worldwide workforce. to reduce annual operating expenses by US$35O million (*****.9 million) to US$4OO million. As many of the jobs as
      Bloomberg; REUTERS  -  310 words
    • 618 23 TOKYO It cites charges for cost cnts poshed for by D&imlerChrysler and recall of defective vehicles Bloomberg MITSUBISHI Motors Corp said losses this fiscal year will be nearly double its previous forecast on charges for cost cuts pushed for by shareholder
      Bloomberg; AFP  -  618 words
    • 259 23 TOKYO Reuters EMBATTLED Japanese Prime Minister Yoshiro Mori came under fresh fire yesterday for not showing up at a dinner thrown by the king and queen of Norway, the latest in a list of gaffes that have all but cost him his job. Mr
      Reuters  -  259 words
    • 396 23 SYDNEY New poll shows voter backlash against PM amid rising support for Hanson AFP PRIME Minister John Howard faces defeat in his Sydney seat amid an upsurge in support for populist political leader Pauline Hanson in the run-up to general elections, a new poll showed
      AFP  -  396 words
    • 288 23 SYDNEY AFP SHARES in Publishing and Broadcasting Ltd (PBL), the principal listed vehicle of Australian billionaire Kerry Packer, plummeted yesterday after a management reshuffle. Mr Packer, long regarded here as virtually infallible when it comes to doing a deal, saw more than 6 per cent
      AFP  -  288 words
    • 369 23 LONDON FT CUSTOMS officials in the UK are investigating a money transaction allegedly involving Marc Rich, the controversial commodities trader, after seizing more than £1 million (552.6 million) in cash from a courier thought to be acting on his behalf. Investigators
      FT; AFP  -  369 words
    • 296 23 LONDON Analysts say the euro could fill sharply if cats are not made as expected Reuters MARKET speculation that the European Central Bank (ECB) will cut interest rates has risen sharply and the euro is likely to suffer if the ECB
      Reuters  -  296 words
  • Page 20 Advertisements
    • 99 20 projecteyeball. for school What's the aim of a kindergarten education? Apparently, it's to get the kids operationally ready for Primary One mobilisation. Get to the bottom el the syllabus in this morning's Prefect Eyeball. PLUS: Watch out lor your chance to win 112 CDs in tomorrow's edition of Prefect Eyeball.
      99 words

  • FOCUS markets
    • 850 21 March consumer confidence index rebounds sharply after falling for 5 months AFX-Asia, NYT THE surprising rise in March consumer confidence lowers the odds of an in-ter-meeting rate cut by the Federal Open Market Committee, analysts said. "It reduces the odds of a
      AFX-Asia,; NYT  -  850 words
    • 774 21  -  COMMENTARY By John Dorfman Bloom berg SOME leading market advisory newsletters are saying the decline in US stocks has ended, or is close to ending. Steve Leuthold, author of Perspectives, and a bear in recent years, has turned bullish. James Stack,
      Bloom berg; CHRISTAN INTON/ST  -  774 words
    • 817 21 Govt appears ready to apply reforms to dig economy out of its hole: analysts Reuters FOR a glimpse of the triumph of hope over experience, take a look at Japanese stocks. Asset managers say the market's plunge to a 16-year nadir marked its
      Reuters  -  817 words
    • 345 21 He says shares still overvalued; not keen on tech stocks Reuters [LONDON] Legendary investor Warren Buffett on Tuesday said his Berkshire Hathaway investment company had been doing little buying in stock markets and he suggested shares remained overvalued even after recent falls. "We're
      Reuters  -  345 words
    • 291 21 FT [NEW YORK] The number and volume of equity buyback announcements in the US have slowed as companies conserve resources in the face of a weakening economy. According to Moody's, the credit rating agency, the number of buyback announcements which reached a
      FT  -  291 words

  • Page 22 Advertisements
    • 1593 22 EE m UNITED ENGINEERS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The unaudited results of the Group and of the Company for the financial year ended 31 December 2000 are as follows GROUP COMPANY 2000 1999 Increase/ 2000 1999 Increase/ $000 $000 (Decrease) $000 $000 (Decrease) Turnover 396.961 434,684
      1,593 words

  • Page 23 Advertisements
    • 46 23 BieBtmitsTnmes NflTflS TRAWII2OOI DDI EDfIEMT B |y lIP r fnflߣ V destinations. y~L 9 M fc- V M—l R m wJT Jul I^l if JiF UlT^ M m > Ul V fl M UfVl U rJH PP Hw* S?' W fl m 11 UL A,TARtM>««s •tt* mm
      46 words

  • FINANCE & commodities
    • 265 24  -  SGX Derivatives Trading Report ST Index/MSCI STpore Index Wong Ann Chuen Refco (Singapore) Pte Ltd THE Singapore stock market fell to its lowest level in almost two years, led by sagging electronics issues. The benchmark Straits Times Index lost 25.07 points or 1.49 per
      265 words
    • 233 24 MSCI Taiwan Index THE Taiwan stock market settled lower yesterday as concern over the slowing domestic economy and poor dividend payment by United Microelectronics Corp overshadowed overnight gains on Wall Street. At the close, the MSCI Taiwan stock index was 3.68 points, or 1.38
      233 words
    • 232 24 Reuters London THE yen climbed by more than 1.5 per cent to four-week highs against the euro and rose to two-week highs against the US dollar yesterday, as Japanese investors took money home ahead of their fiscal year-end. The yen has risen by more than 2 per cent
      Reuters  -  232 words
    • Article, Illustration
      1200 24 LHTLfiBAIm CkOSS EATES Mar2H C$ too Ffr W$ Mb NpHO Yon im tH KgWh Nw SS tmmt Sfr >T$ 8a« Hmtt US$ Australia 0.781 4.129 0.558 3.663 1082 1880 2X191 ***** 0.607 6.490 1590 L207 ***** 24.481 0J92 1999 0.855 ***** 22.004 0547 0.497 Canada 1281 5287 1715 4.692 L399
      1,200 words
    • 1855 24 si com ru'rumgs Mar-js RUBBER (Warts dosing as at SJOfa) RSS1 CONTRACT (S ceotsAq) Clow VotaM Open Mjli Hi# Low Sott (tow—«) hrtftst Apr 01 102.75 May 01 103.75 400 Jun 01 105.25 800 Jul/Sep 01 106.25 750 RSS 3 CONTRACT (US cents/kg) Votme Opeo Mont* High low Soft (town)
      1,855 words
  • Page 24 Advertisements
    • 28 24 N M ROTHSCHILD SONS X #r*r 200 yemrt of banking 0 Tel: 65-535 9677/ 65-535 9100 Fax: 65-535 8713 <,| Email: treasury^rothschild.com.sg Call Rothschild Treasury Services today. Website: www.nmrothschild.com.sg
      28 words

  • STOCKS east asia
    • 2943 25 HONGKONG AFP £3 Hang Seng +143-51 HONGKONG share prices rose 1.1 per cent yesterday following gains on Wall Street, dealers said. The key Hang Seng Index gained 143.51 points to close at 12,851.41 on a turnover of HKS6.BB billion. Dealers said investors
      AFP  -  2,943 words
    • 2109 25 TOKYO AFP PJ Nikkei 225 +***** TOKYO share prices rose 0.9 per cent yesterday as investors dressed up their accounts for the fiscal year ending this weekend, brokers said. The market also took heart from an overnight rally in the technology-heavy US Nasdaq Index, but
      AFP  -  2,109 words
    • Article, Illustration
      1096 25 AFP nShenzhenßlndex -IL2B CHINA'S Shenzhen foreign-currency shares fell for the first time in three days on a report the securities regulator may demand investors hold stocks for at least a day before selling. In Shenzhen, the B Share Index fell 11.28 points, or 3.1 per cent, to 355.03. Shanghai
      AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,096 words
    • 399 25 AFP pWPlndex -6194 TAIWAN share prices closed 1.1 per cent lower yesterday on selling of technology stocks despite Wall Street's rally, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 64.94 points to 5,819.39, on turnover of NT$lOB.O5 billion. "Institutional investors began to take profit following recent gains
      AFP  -  399 words
  • Page 25 Advertisements

  • STOCKS klse
    • 463 26 AFP n Composite Index -166 MALAYSIAN shares closed down 0.4 per cent yesterday due to a lack of investor participation, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 2.65 points to finish at 660.82. The Second Board Index slipped 0.22
      AFP  -  463 words
    • 9735 26 INDUSTRIALS Consume products 2001 Last Vol Doy Mot Cop H»gh Low Compony Solo OOO High Low P/E $mll 340 300 Apnomoto -300 -2 8 300 300 9 0 1216 45 29 AngUM 31 unch 14 31 30 45.7 342 206 A polk) Food N*g 300 65 120 0 356 300
      9,735 words
  • Page 26 Advertisements
    • 32 26 Someone keen on expanding horizons. Someone who will relish the responsibilities. Get the edge in hiring /r the right one. ■lurn u i"i i m hir i llM'StmilKTinKw Call 1800 741 1883
      32 words

  • SGX clob & regional stocks
    • 2454 27 BONDS WARRANTS Mar 28 Wt Wntt fnmj [ipf Urt M Day LatfOMt* feu* Um bar toe Ntta lm c«w M> nw> t— m» <■——a w ffM —N« «<■ 0 5 I 410 1 300 568 90.00 4 40 0.5 s AcmaW*****4 7 1 17 ft 1 100 930 3 33
      2,454 words
    • 306 27 AFP CI Composite Index -4JI SOUTH Korean share prices fell 0.8 per cent yesterday. The Korea Stock Exchange Composite Index closed down 4.11 points at 528.79. AFP (tar 2« <N« Anam Stmt 4465 »65 Brain Tecti 545 5 Centra) Bank 170 O Chert Camm ***** -4000 Dm Cu Ban*
      AFP  -  306 words
    • 291 27 AFP C§ Composite Index +4-56 PHILIPPINE share prices rose 0.3 per cent yesterday in a knee-jerk reaction to an upturn in US markets. The Philippine Stock Exchange Composite Index added 4.56 points to close at 1,451.55. Turnover rose to 370.46 million shares worth 475.04 million pesos.—AFP Kir 26 too
      AFP  -  291 words
    • 269 27 AFP QHZSE-40 -5A4 NEW Zealand stocks closed down 0.2 per cent yesterday in trading dominated by Air New Zealand following a warning by Qantas Airways about its business environment. The NZSE-40 Capital Index closed down 5.04 points at 2,037.81 on turnover of NZ$97 million. AFP Mmj» MS .-000) Aa»antage
      AFP  -  269 words
    • 536 27 AFP MAD Ordinaries +9-3 THE Australian share market closed 0.3 per cent higher yesterday in trading dominated by a series of high-pro-file corporate reshuffles, brokers said. The All Ordinaries Index closed 9.3 points higher at 3,127.4. The SP/ASX 200 added 9.2 points to 3,179.6. National turnover was estimated at
      AFP  -  536 words
    • Article, Illustration
      747 27 AFP Q SET Index -192 THAI stocks shed 1.3 per cent yesterday as banking issues were sold off by local investors concerned about recovery prospects. The Stock Exchange of Thailand (SET) Composite Index dropped 3.92 points to 287.10 points and the SET 50 Index was off 0.31 of a
      AFP  -  747 words
    • Article, Illustration
      772 27 AFP Q Composite Index +si*B INDONESIAN share prices closed 1.6 per cent higher yesterday after bargain-hunting in the wake of President Abdurrahman Wahid's response to a parliamentary censure, dealers said. The Jakarta Stock Exchange Composite Index closed up 5.88 points at 375.18 on turnover of 858.2 million shares worth
      AFP  -  772 words
  • Page 27 Advertisements

  • 8426 28 SGXMAINBOARD Gr Qt Mm U Wk Last Vol Day Lift Quote Dfe Mv Yld Net Cap Aug Law aw W S*« </- COBW M>» Uw. M« Sdte r» Ptt iJ Wn MULTI-INDUSTRY 153 43 5 c Acma50c 45 *0 5 144 45 43 5 44 45 5 4
    8,426 words
  • Page 28 Advertisements

  • Page 29 Advertisements
    • 339 29 Where to wine, dine and entertain..."? 1 < fflgß s^s 1 r Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet delights. Lunch: $27 JO (Adult), 40% discount (Child) Dinner $28.80 (Adult), 40% discount (Child) For reservations, please call 290 8005/299 9011. Prices
      339 words
  • Page 29 Miscellaneous
    • 929 29 Ine Business limes, i nursudy, mm wi mi H i ii 9.30 News 5 Tonight. C*sn»el New»A«is 10.00 Singapore Tonight. 10.00 The Practice 6.00 AM Headlines. 1030 Spore Business To a iin fTl■ 9.00 AM Kids Central: u.oo Family Law. 6.02 Quick Chat Knowing night/Tech News. Blue's Clues. 12.00 MN
      929 words
    • 318 29 CRYPTIC CROSSWORD ACROSS 4 Reverse around a clever fellow 1 Soft illumination appears prom- in top gear (6) ising (9) 5 Eyed seamstresses' devices (7) 9 Fine carbon used in steel-mak- 6 A blanket s knotted for Jack to ing (6) climb (9) 10 He ll keep public relations wrth-
      318 words

  • New Asia Biz Woman
    • 1336 30  -  Kathryn Thompson, an American naturopath who developed Voice Bio-Analysis, talks to jaikeee JAIME EE H|| HEN it comes to medical examinations, which sounds V better to you? Being naked in an ugly gown having strange technicians prod you in places that don't
      CHRIS LOH  -  1,336 words
  • Page 30 Advertisements
    • 144 30 I You aren't one who follow in another's footsteps. Well, great minds think alike. $g ,'^HHWm^m ~•A&Jfe&rSj h ■<: ...»>• -i'-*--'-j-« i.t-» j- -x--., j^v;-».••<%' *\'*jr- r ,-T__ is!* ppfP™* "^^mflSff I if^MIMHBBKP rJytft*'J»" 1 '"sSr^sSaS T N J l 't- -ir~S~- ■•-'<r& i V'' e new Passat. Looks like
      144 words

  • EXECUTIVE Lifestyle
    • 642 31  -  Buddy the Musical had the audience stomping to rock 'n' roll nostalgia By) Parvathi Nayar ROCK 'n roll took centrestage last Friday at Kallang Theatre, when Buddy the Musical celebrated the life, times and music of the legendary Buddy Holly. It was America in the '50s all
      642 words
    • 748 31  -  From Quak Hiang Whai in Hongkong ALRIGHT, Hongkong, you got me. I had my hair cut a long time ago. I have long traded my chains and bellbottom pants for ties and suits. I can't even remember where I stowed away my last guitar. Now
      FILE PHOTO  -  748 words
  • Page 31 Advertisements
    • 2499 31 To advertise call toll-free 1800-741 1883 Fax No: 741 1298 THE COMPANIES ACT. CHAPTER 50 SkHoti 2«X?Hb) NOTICE Of RESOLUTION FUJIKURA WONG ENGINEERING PTE. LTD. (In Mimbtn Voluntary liquidation) Al on Extroordinory General M««ting ol Fu|itturo Wong EnginMnng Pie. Ud. held a» 27 Pandon CrtKtnt. Stngoport *****6 on Ihe 21
      2,499 words

  • Page 32 Advertisements
    • 862 32 COMPAQ PROLIANT SERVERS COULDN'T HAVE DONE IT WITHOUT YOU. 3D NETWORK ABN AMRO BANK N.V. ACCESS DEVELOPMENT BOARD •i 2 TECHNOLOGIES IDC MERCHANT BANKERS SCIENT INTERNATIONAL MANAGEMENT GROUP ADROIT INNOVATIONS ASIA INFINEON TECHNOLOGIES ASIA PACIFIC SEMBAWANG CORPORATION •SG SECURITIES ADVANCED MICRO DEVICES SINGAPORE AKZO INFOCO M M U N IC
      862 words

  • EXECUTIVE Suite
    • 1231 33  -  Property pundits are revising down their once bullish forecasts for Singapore's office sector, axdbeatam finds out why ANDREA TAN THE office market, touted last year and early this year as the shining star in the lacklustre real estate sector, is starting to look less promising. With
      FILE PHOTO  -  1,231 words
    • PROPERTY
      • 1259 34  -  Office space investment can be counter-cyclical to other sectors of the property market, as the current cycle shows, thus providing a relatively attractive and stable income stream, says taykahpoh TAY KAH POH The writer is director of Knight Frank s commercial department INTEREST in real estate investment
        Source: Knight Frank; FILE PHOTOS  -  1,259 words
      • Article, Illustration
        527 35  -  M'sia's DRB-Hicom is finally starting work on Tekka Mall after holding the project for nearly 5 years. VEN SREENXVASAN finds out what's in store for Serangoon Road shoppers VEN SREENIVASAN AFTER holding on to the property for almost five years, Malaysian automotive giant DRB-Hicom has finally begun
        527 words
      • 539 35 DEVELOPER/ OWNER DISTRICT LOCATION SIZE TOTAL UNfTS NO OF PRICE TENURE (sq ft) LAUNCHED UNfTS SOLD (Spsf) River Place FEO 3 Havelock Rd 678-3,229 509 424 950 99-yr Caribbean at Keppel Bay Keppel Land 4 Keppel Bay 840-6,135 430 310 850 99-yr Sunahine Plaza Res CDL
        539 words
      • 1158 38  -  Masterproperty.com thinks being a latecomer in the market has its advantages such as learning from the experiences of others. MARTSSfI CHEW finds out what else sets it apart MARISSA CHEW WEBSITES listing information on properties for sale or lease may seem passe, but Masterproperty.com thinks being
        1,158 words
      • 818 40  -  Ti Lian Seng has worked on a number of large, prestigious building projects, including the Temasek Polytechnic campus. But the busy architect he is currently working on about 17 projects sometimes hankers after a different life, as MMUttanaevrdiscovers MARISSA CHEw Architect and art lover Ti Lian Seng voices
        RICHARD CHNG; FILE PHOTOS  -  818 words
    • BY DESIGN
      • 1239 36  -  Anthony Tan, whose paintings can be seen in the Fullerton Hotel, was a graphic designer for many years before he gave it up to follow his dream to be a full-time artist. This year, he looks forward to holding his second exhibition, rachel oiro reports
        PHOTOS BY RICHARD CHNG  -  1,239 words
    • Article, Illustration
      3497 39 HDB transactions between Feb 20 and Mar 20. TYPE/LOCATION POSTAL CONTRACT flWLT-W PWCE PSF COOE DATE (SOFT) (SS'OOO) (SI) mwfliwitt Ang Mo Kio Ave 10 *****7 02-Mar-01 872 180 206 BtBatokSt 11 *****4 28-Feb-01 786 136 1 73 Bt Batok West Ave 4 *****4 09-Mar-01 786 140 178
      3,497 words
  • Page 33 Advertisements
    • 81 33 5,000 sq space to be exact. Enough room to house I Ml 28 bathrooms graced by every bathroom masterpiece from Raloma *|ejS Picasso, Kenzo, Philippe Starck, Michael Graves, Dieter Sieger and M I W losa Ghini. Come equipped with your taste for the luxurious, exquisite MB jf and sublime. And
      81 words
    • 5 33 Backing the trend, Pg 2
      5 words

  • Page 34 Advertisements
    • 264 34 For Sale by Tender 8-Storey Industrial Building At No. 202 Kallang Bahru Land area: approx. 114,9255f Gross floor area: approx 218,5855f JTC leasehold of 60 years from 16 January 1981 5 minutes' drive to CBD Huge open space for future expansion/car parking J£ Zoned "Clean Light Industry" with plot ratio
      264 words
    • 62 34 For Sale By Private Treaty FREEHOLD INDUSTRIAL SITE AT TAGORE LANE Location Strategically situated at the junction of Tagore Drive and Tagore Lane, off Upper Thomson Road. Near to Tagore Industrial Building and The NTUC distribution Centre. Land Area 5,156.8 sq m (approximately 55,508 sq ft) Zoning Light Industry with
      62 words
    • 36 34 I The Riverwalk Strata office 20,000 sq ft Opposite the new S pore River MRT High floor ceiling height WKKKKM ideal for investment or occupation HMMUfM 223 2323 Sarah Kang Ext 619 Alex Chong Ext 620
      36 words



  • Page 37 Advertisements
    • 24 37 ■iE3 ■3 Kg iH relax this weekend > noise attack > plug your ears > stars n gripes at tne oscars > mr loud > decibel chart > audio santuaries
      24 words




  • SHIPPING TIMES
    • 288 41 Reuters THE Baltic Dry Index (BDI) fell 10 points to 1,486, the Baltic Panamax Index (BPI) lost 19 points to 1,607, the Baltic Handymax Index (BHI) eased 19 points to 9,630 and the Baltic Capesize Index (BCI) was down nine points to 1,779. TIME-CHARTER: ♦Konkar Star (built 1985)
      Reuters  -  288 words
    • 288 41 CW? Plftri&utlon 0.50 0.02 6 OmmHW 033 -0.01 32* CWWWWIIIIII 0.18 -0.01 453 0.08 unch 175 r 6f liilJI<»l— 0.41 -0.02 5 MtCMMn«l-HK—5.60 uncti 0 iujf H«ltfto<p 0.14 -0.01 175 KaMMCorp 3.ie -0.04 592 ,1UMtFCLS —0.89 -0.02 326 MMAMartoMU* as unch 1130 .WtTlto 0.85 -0.01 337 latroy Marino
      288 words
    • 540 41  -  Expert outlines inconsistencies in piracy definitions; calls for uniformity By Beth Jinks [SINGAPORE] Strong industry and academic support has emerged to ask the United Nations (UN) to declare attacks on vessels sailing in international straits as international crimes and to more clearly and uniformly
      FILE PHOTO  -  540 words
    • 277 41 Bloomberg [SEOUL] Daewoo Shipbuilding Marine Engineering Co, the world's second-largest shipbuilder, said profit for the first two months were double its previous forecast as the falling won spurred returns. The company's operating profit was 84 billion won (Sslls million) in the first two
      Bloomberg; AFP  -  277 words
    • 410 41 Strong growth of container ops makes np for weak peso Reuters [MANILA] International Container Terminal Services Inc (ICTSI) said it made a profit of 31.3 million pesos (551.13 million) in 2000, with strong growth in some container terminal operations compensating
      Reuters  -  410 words
    • 104 41 [SINGAPORE] The Maritime Port Authority of Singapore (MPA) has reached a bilateral agreement with the United Kingdom Hydrographic Office (UKHO) to cooperate in the exchange and distribution of hydrographic products and services. The two organisations will collaborate over hydrographic developments, data and services
      104 words
    • 264 41 Joint venture will become Japan's second biggest shipbuilding company AFP [TOKYO] Two Japanese heavy machinery companies have reached a basic agreement to merge their shipbuilding businesses to create Japan's second biggest shipbuilding company, a press report said yesterday. Ishikawajima-Harima Heavy Industries Co (IHI) and
      AFP  -  264 words
    • PSA corp
      • 934 42  -  Port time is of the essence to all concerned in the shipping industry. PSA deputy president (container terminals division) VINCENT UM elaborates on PSA's efforts in service efficiency VINCENT LIM THE need for greater operating efficiency at PSA Corp is never far from
        934 words
    • 182 42 PAGE Appenship S Assets 5 Austral 6 Bala|i Shpq 5 BSA 7 B tang Mas 6 CCIM 7 CMACGM 3 COSCO 3 CSAV 3 It Central Ex 6 ChoYang S ChtnaShpg 5 It Cougar 7 ft CWTGMkIn* 7 Detmas 4 0(ak Lloyd 6 Oongnama 3 Eastrans 6
      182 words
    • 14418 48 THEBUSINESSTIMES Page 8 EXPORT THURSDAY, MARCH 29,200 ETA ETA Advertiser Vessel Voyage Telephone SIN Dvst'n Heme Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 10/04 15/05 Deimas VILLE D£ VIRGO S42W 65 *****44 n/04 26/05 C0SC0 EMPRESS PHOENIX 0101W 65 22(1900 17/04 22/05 Deimas SAUDI JEDOAH N42W
      14,418 words
    • SHIPS IN PORT
      • 766 50 Vessel Voy No Berth Arrival Departure Bt Bt J ***** 28/03/8:30 28/03/20:00 CeleOes 55A J05 21/03/8:10 28/03/2300 Wwtar 2 037S01 J03 28/03/8:55 28/03/2100 Bayswaterltt MTO80 J02 28/03/905 28/03/16:00 Royal Fretgh 57 J02 28/03/9:15 28/03/17 30 Mircopow 68 03/01J J07 28/03/9 35 30/0V630 Bt Suriati 4 28 Mar J01
        766 words
      • 1943 50 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booking/EUlinc* Rstls Ship Voy No Etb/Btr P»rlo<J From To From U MAMVAM 14 JO/TOO it 27/BM 27/1*59 27/BM 2* nrm 21/0*59 nmoo 21 11 moo 21/0*59 21/0900 j 21/0/00 21/1159 n/utx 4_ 21/I2M 21/1499 21/1700 Mjuumz om worn 27/bm
        1,943 words
      • 188 50 Mar 20 Taiwan: Youth Day. Apr 1 Australia: Good Friday. Argentina: Good Friday. Apr 12 Argentina: Maundy Thursday. Denmark: Maundy Thursday. Mexico: Holy Thursday. Apr 13 Mexico: Good Friday. New Zealand: Good Friday. Canada: Good Friday. Denmark: Good Friday. Finland: Good Friday. Germany: Good Friday. Ireland: Good Friday.
        188 words
      • 776 50 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on averagesized stem Market movements are indi cated. The Cockett Bunker Price Index change
        776 words
      • 492 50 Carbon 180 Mat 985.4 2.3 U.8 0.28 194 0.06 Iter 22 Density N<t«r Rtsldut Ask Aluminium Sediment "0 above £25 0 1 0 1 1 0 rT77 380 Ave *5.7 0.4 12.8 0.07 22 0.02 u"„ 380 Mai 990.6 0.9 WJ 0.09 46 0.03 WW! M/M
        492 words
    • AIR & LAND transport
      • 431 51 Workers will manually back np haflOUfie handling system AFP [SEOUL] South Korean authorities on Tuesday ordered measures to avoid feared chaos when its new Inchon International Airport opens for commercial flights on Thursday. Officials said workers will manually back up the airport's multi-million dollar
        AFP  -  431 words
      • 400 51 HE carrier still seeking Russian nod to fly over its airspace AP, Bloomberg [HONGKONG] Cathay Pacific Airways hopes to keep up with two US rivals by launching non-stop Hongkong-New York flights but is still seeking permission from Russia to fly over its
        AP,; Bloomberg  -  400 words
      • 417 51 Falling Australian dollar adds to the company's rising fuel and other costs Bloomberg [SYDNEY] Qantas Airways Ltd's shares fell more than 11 per cent after Australia's biggest carrier said its profit this year would be affected by increased competition on
        Bloomberg; AFP  -  417 words
      • 295 51 AFP [NEW DELHI] Transport operators in New Delhi warned Tuesday of commuter chaos if the government enforces an April 1 deadline for buses to switch from petrol to gas or get off the roads. India's Supreme Court on Monday offered a six-month extension of
        AFP  -  295 words
      • 262 51 It seeks strategic partner to support Globe Ground's global expansion costs Bloomberg {FRANKFURT] Deutsche Lufthansa AG, Europe's second-largest airline, said it will sell 49 per cent of its Globe Ground GmbH ground-services unit to help finance its growth. "A strategic partner would support
        Bloomberg  -  262 words
      • 347 51 Long-delayed project expected to be completed in 30 months Reuters [BANGALORE, India] India's Karnataka state will finalise by the end of June a joint venture partner to build the longdelayed international airport in the technology capital of Bangalore, officials said. The 10-billion-rupee (553.6
        Reuters  -  347 words
      • 1641 51 CITY FU6HT ETA FU6HT tin Mgji OfSI 1930 Of 82 2055 IHHW ***** 0705 GA978 0130 H.837 M55 *1838 2255 $024 2335 ttftMS SO 347 0610 S0348 2255 tocklaM W4286 2045 *****85 2045 SO 286 2045 S0285 2045 Wrik Gfl48 0935 S«ih|HM 8M21 TOO $0*2 0910
        1,641 words
    • LOGISTICS page
      • 618 52  -  The venture plans to handle international, domestic and transit air cargo transport at Xiamen airport By P T Bangsberg CHINA and Taiwan are moving to create a joint-venture air freight company in the mainland's south-eastern special economic zone of Xiamen. If approved, it would
        FILE PHOTO  -  618 words
      • 189 52 [SINGAPORE] Singapore's Changi Exhibition Centre will host an inaugural air logistics exhibition and conference in February next year. The AirFreight Expo 2002 will be organised by and held in conjunction with Asia's largest aerospace showcase, Asian Aerospace 2002, making Singapore the focus of
        189 words
      • 154 52  -  By P T Bangsberg US-BASED Descartes Systems Group; a provider of global Internet logistics packages, launched a new suite of services that it says will improve management of intermodal transport The Collaborative Logistics Suite generates increased efficiency across the supply chain, including manufacturers and private
        154 words
  • Page 41 Advertisements
    • 134 41 €^i9HiißH^9 Fast, efficient and transparent Warehouse Logistics with the Software-System LAGOS /or e-fulfillment in your Warehouse and Logistics Centre Optimised Warehouse Location Management Paperless Put away and Picking by Radio Frequency, also Forklift Control AS/RS Automated Storage Retrieval System as well as Conveyor Control Picking, Packing and Shipping control Logistics
      134 words

  • Page 42 Advertisements
    • 208 42 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Australia, New Zealand, Asia, Middle East, Europe and North America, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com Ecri2dul=;s Shiprrarit Summary j M mr* mm*LM^ IrfmgigrJl|EbBElr^pjr < ATYXume NIPPON
      208 words
    • 775 42 Unes services represented by (smttkvi Members of tbe Registry of Members of ibe felgfSPi! Accredited Sh.pp.ng Agents, Singapore Logistics 2S Singapore Shipping Association Association g ULY UNE MALE vissa Tvoy [m !~75 in P. KLANG SPOKE MALI Princess Lily VO3Ol 06/04 07/04 14/04 Empress Lily VO4Ol 19/04 20/04 27/04 Princess
      775 words

  • Page 43 Advertisements
    • 1208 43 SAX SERVICE (DIRECT) VESSEL VOY SIN ETA LAX OAK DM HOU CHI COt MEM ATI NYC Aft SARDONYX 0261 17/01 01/02 05/02 05/02 05/02 05/02 05/02 05/02 06/02 06/02 Aft TURQUOISE 04QC 24/01 08/02 ~T2702~ 12/02 12/02 12/02 12/02 12/02 13/02 13/02 API JAM 0261 01/02 15/02 19/02 19/02 19/02
      1,208 words
    • 1799 43 TO AMi} T/Tj t MYSI Vr JEDDAH T/T: 11 DAYS I *7 AQABA T/T: 13 MYS J GENERAL AGENTS IN SINGAPORE: 80 ROIINSON RD #12-00 SAUS/MGS TEL *****57/43 FAX: 23*5321/71 MALAYSIA OFFICE PASIR GUDANG TEL 07-353*166 FAX: 07-353*170 COSTAR SNIPPING PTE LTD 06**9* OUTWARD (*/L) 4205*02 23*5325/75 POUT KLANG 03
      1,799 words
    • 430 43 VtSSfl VOY SIN PUG VOY SIX HKG KE IMC USM PUS VOY SW JCT SUB MKSW6APOB OI2S 3tW3 04/04 00/04 14/04 IQAH 11/P4 lott 07A>4 04/ M M/ 04 AQLIT 0421 31 03 04/04 00/04 OIK JAAAITA IOJS ***** WW 'kmtcpusan 105S WW m 137 m 4ASOTIA 47S 01/04 01/04
      430 words

  • Page 44 Advertisements
    • 1420 44 SENATOR LINES TOtimOPg TO MPPIf EAST/RAN/BH) SEA msa vor si i» um w m rm Imsa \wi I a I m I m I a hkwasm smatoo ooisw m.03 mm o/.m mm ism u.m i;.m mno» ooim mm iiji iim o/m km MAJUM KffIJJNG OOTtW 7T03 ILM It M 1104
      1,420 words
    • 1044 44 am MAC-NELS S PORE M'SIA Carrier: MM CONTR UMES, INC P. GUOAMG: (07) *****26 I l-lVy V- J ORMkIMSTMMM SWJ: (084) *****9 MAMLA: (632) *****24 PENANG: (04) *****36 BANGKOK: (862) *****57 SURABAYA: (31) *****11 P. KELAMG: (03) *****77 JKT. (21) *****45 KUCHBOG (082) *****1-3 HO CHI MINH LAEM CHABANG MV
      1,044 words
    • 524 44 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOB N SHTVA (CFS MULUNO. MUMBAI) COCHM COLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN 1.C.0 POUTS Vrael VOV SPORE N SHTVA COCHM COLOMBO PKLANG PU GLORY II7W ®1 APR II APR 13 APR It APR 2* APR TIX SI OAS 140 MAPR 17
      524 words

  • Page 45 Advertisements
    • 1730 45 IVESStt VOY KHH HKG SIN PKI PXB BAB DMM BIK IRAN ISFAHAN PCI-200 27/03 28/03 31/03 01/04 08/04 09/04 11/04 13/04 IRAN HORMOZGAN PCL-201 03/04 04/04 07/04 08/04 15/04 16/04 18/04 20/04 IRAN TEHRAN PCL-202 10/04 11/04 14/04 15/04 22/04 23/04 25/04 27/04 IRAN TABATABAEI PCI 203 17/04 18/04 21/04
      1,730 words
    • 371 45 i k I Loading for OCEAN ISLAND RDM/ATW/BMN/UK I TAHARA RDM/ATW/BMNAJK I Loads Singapore. ETW Malaysia Indonesia 1 Loading for SAFEER JDH/ACWDMT EVDOXIA HDCVJOVAQA VI HELLAS DBI/ABU/DOH/BRN/DMM/KWT SUN ACE DBVAE3U/DOH/BRN/DMMMWT CORALI D6I/ABU/DOH/BRN/DMM/KWT YA LATIF DBI/ABU/DOH/BRN/DMM/KWT PAUL X JOVAQA/DMT 'Loads Sngapore. EVW Malaysia. Indonesia I Loading for I OCEAN GOLD CAM/NFK/SAV/NOL
      371 words
    • 1750 45 EUROPt EXPRESS SERVICE EXPORT IMPOST Vttsa VOT .m T LfH 8T» .Mi.HM. IV HI VtSStl vor r* HAM FIX UH sm YOKOHAMA SIN 01SW 03/04 20/04 22 04 23/04 24 04 25,04 26 04 Mj «NIV* 00?f 0« 03 10 03 12/03 15 03 01 04 PtMNGStN 019W .11. 04
      1,750 words

  • Page 46 Advertisements
    • 821 46 ■IliidiilAUifcfl MEMTf RRANEAN/BIACK SEA/EUROPE StRVICtS EXPORT VBSa/VOTMI SGP 100 V*N OB DIU jRDM |R» |M oi/w i^whvtHji7/ixjiy/wjimh aw wHiw ITURSUUOORWI4W 08/04 20/04.72/tMHIN|iW 75*04 77/04 JTI/WJMM LFUHEOOIMOW IVW 77, 04.fi 1)4)01/05] aVt»WOSOVOS Oii/OS (y^is UUHSSBOOUCPW 77/04 OWOMfIRHS HMIS 01/05 HAS 13/ OS I VPS ITUM1H)0«704«l 21,4)4 11/DsfiMiVte]l7flS llt/QS 30/05 ]M 6
      821 words
    • 380 46 I AMMAN PKUN OUT/MMAN SO CONTMNT SERVICE IXRORT VESSEL VOYAGE SGP CRM DUB MA ARU DMN lAH KM NXV «JHE 0144W 31/03 11/04 13/04 17/04 UN ACCORD 0458 034W 01/04 01/04 11/04 17/04 UN PROMOTE *****03W 03/04 0704 13/04 14/D4 XIAHGHE OI6BW 04/04 17/04 11/04 73/04 UM ACTIVE 0451Q31W 08/04
      380 words
    • 982 46 ■AMOKOK/MAP TA PHUT/LA EM CHAMANO JAKARTA/PAN JANG VESSfI VOT SIN l» MTP KH VKStI VOT I SM 1 JKT PJH CHAMA IHUM 147N 31/03 04/04 03,'04 HAH MUM 47SS 31/03 03/04 mum: an_ oh m w I___ <* .07/04 ?*/04 04_M_J n MM MUM W3II 03 04 07/D4 $L SZZBj
      982 words
    • 544 46 INDONESIA NATIONAL LINE TO AUSTRALIA FULL CONTAINER SERVICE VOT M Ml HB STP MB MA >Dt HP ITS K/Ml3/04 11/01 IS/04 17/04 10/04 innnm ha r/04 10/04 u/m n/n m/m v/u wwa«* «s u/w i;/w v/n oi/os m/k "TCP™ jVO4N/04 30/04 06/05 H/K 11/#$ FEEDER SERVICE TO INDONESIA VOT MgjWM
      544 words

  • Page 47 Advertisements
    • 424 47 BSA x mm. MYANMA wBBk FIVE STAR UNE (Myamor National Li*e) 1 Loading for Yangon vessel vor sjn prl pin pgu UGO IIIW SIP MONG LA 43W SIB MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL m 03-*****00 PRL Til 03-*****101 PEN: TE 04-*****02 PGU: TTI 07-*****21/4 BANK LINE (A itrvkt of
      424 words
    • 1270 47 HMMzHYUNDAI MERCHANT MARINE CO., LTD. VB* 6 VOY SW SOU IB! RTM ANT HAW WN VESSB VOY SOU IB! RIM~ ANT HAM BRV TT 122! 14/04 2,/<M M "/04 HY FEDERAL VJ29I 06/03 21/02 01/03 03/03 24/03 MOLRHBK S39W 30/03 20/04 21/04 15/04 17/04 MOERKXEI Vi3BE 09/03 10/03 04/03 06/03
      1,270 words
    • 1050 47 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE" [VtSSfl VOT IW HEIGHT SIN IK' MAO I BUA 1 SAV IML I Otf NYC WW I MOT] TAPWU AH 107 400Tam 6.3*1 INPOUT 04/05 07/05 W/OS 11/05 12/05 14/05 l»/05 20/05 TAMPA AHIOS 400T«H 6.3 M 09/04
      1,050 words

  • Page 48 Advertisements
    • 26 48 tST" v '<•: r 0 s V' V\wf. Web-Based o• V 'V 4 «i > Advanced IT with instant worldwide access. http://www.ptp.com.my General line: 607 50-i 2222 v.
      26 words


  • Page 50 Miscellaneous
    • 115 50 LEGEND: Issued dy MeteorobgTcHiServlce Singapore R Tnunderstorm A Showeis y^\ Rain empenature Wind direction and speed in knots Cloudy Day w#atlM Windspaod symbols O Full circle w.io line indicates calm or Sght and variable winds j X K 2m *One halt fleche represents 5 knots iijillii&il Moderate. 1.2 m 2.5
      115 words


  • Page 52 Advertisements
    • 125 52 agents, agents, agents one company control X7^R^jc^*^^*|^^^BFui^^proßpP^HWBflr I DHL Import Express. Import your way to free film fest tickets! With DHL Import Express, you can keep track of all your shipments, worldwide, from 7 March 6 April 2001, you'll receive a pair of tickets to an exclusive 24 hours a
      125 words
    • 8 52 Aviation news, aircraft schedule are on page 11
      8 words