The Business Times, 27 October 2001

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

Total Pages: 18
1 18 The Business Times
  • 16 1 THE BUSINESS TIMES weekend VL> OCTOBER 27-28, 2001 85( Internet: http: vvww business-times asial ion so
    16 words
  • 930 1  -  They still see prices sliding another 10-15% despite Off-Budget measures By] Kalpana Rashiwala [SINGAPORE] The recent offBudget and other measures have had virtually no impact on analysts' reading of the Singapore property market, as the latest official figures released yesterday show
    Source: URA/HDB  -  930 words
  • 1323 1  -  SATURDAY SOAPBOX karim raslan THIS year's Nobel Laureate for literature, V S Naipaul, is perhaps the first recipient to have spent time writing in and about South-east Asia. On the second of his two visits in 1995,1 spent a few weeks with him, talking
    1,323 words
  • 902 1  -  Carrier posts almost 90% plunge in interim net profit to $134.8 m Byi Conrad Raj [SINGAPORE] Singapore Airlines, until recently one of the world's most profitable airlines, is facing the prospect of its first annual loss in its history. Foreshadowing the tough
    CHEW SENG KIM/ST  -  902 words
  • Page 1 Advertisements
    • 23 1 wn* l,s ,N STYI£ The must-have vt designer consumer products. 1 PACE IB HDB resale market yet to feel off-Budget impact, Pg 5
      23 words
    • 14 1 IN THE MONEY Has the tide turned in favour of long-suffering NOL? Pan 11
      14 words
    • 88 1 yt —■VMOTOR.NG Nothing under $200,000 stands out of the crowd like the Lexus ES3OO. PAGE 14 M^^rT=^j3M|WETEj[Y=w-n^*7^T2^EW!j ———^»rj \v^ Breguet. La passion laisse des traces. W Wristwatch "Grande Complication" in 18-carat rose gold with tourbillon Hand-wound —v *f mf movement, engraved by hand Small seconds on the tourbillon shaft Compensating
      88 words
    • 31 1 ii'i s'^szisrsooocK 1 stocks Should you, or shouldn't you, take the plunge jtQI into single-stock futures? PME4 No Job cuts unless it is last resort, SLA chief assures staff, Pg 2
      31 words

  • next page
    • 577 2  -  r sivanithy ARE US investors using bad news as an indicator that things probably cannot get worse, which in turn means it is time to buy? Or is Wall Street's defiant bullishness in the face of disastrous economic data down to nothing more
      577 words
    • 76 2 STI 1,411.25 (+2.07) BT-SRf 593.02 (+2.01) ST INDEX FUTURES 1,422.00 (+2.00) SIMSCI FUTURES 174.50 (+0.60) Fridav Change KLSECOMP ***** 27(1 NIKKEI 225 10.795.16 8494 HANG SENG 10.404.74 ***** SET INDEX 180.60 -002 JAKARTA COMP ,187.82 261 MANILA COMP 1.002.52 1155 TAIPEI WPI 4.043.57 +31.17 SEOUL COMP 543.41 112 SHENZHEN
      76 words
    • 68 2 FOREX RATES US$ 8$ IISJ (SS per ISS) 1.827 Sifl'SS/SSpwS) 1429 2.611 El'RO(l SS/SS/F) O.K94 16:14 DM 2.188 1.197 YEN 122.6 67.10 RM 3.800 2.079 HKS 7.800 4.268 BAHT 44.K1 24.52 R1PIAH 10.250 5.609 PRIME RATES SINGAPORE* 525 KUALA U'MPIR 640 H()N(i KONG 5.50 JAKARTA S9.IM TAIPEI 692 TOKYO
      68 words
    • 372 2  -  Comments in response to question on PM's call for wage, rather than Job, cuts By Conrad Raj [SINGAPORE] Singapore Airlines will only cut jobs as a last resort, its deputy chairman and chief executive Cheong Choong Kong said
      372 words
    • 487 2  -  manufacturing By Eugene Low HIT by another sharp decline in electronics production, Singapore's manufacturing output continued to slide in September, figures from the Economic Development Board show. The 22.3 per cent year-on-year drop in output came as no surprise to economists, who had expected
      487 words
    • 399 2 NYT, AFP [ATLANTA] Yesterday, the Pentagon planned to select Lockheed Martin or Boeing as winner of the richest prize in aerospace history the US$2OO billion Joint Strike Fighter, a supersonic attack plane set to become the mainstay of the US Air Force, Navy
      NYT,; AFP  -  399 words

  • general election
    • 572 3  -  He floats idea of a 'shadow Cabinet' in Parliament, drawing on members of GPCs and NMPs By. Anna Teo PRIME Minister Goh Chok Tong last night challenged the opposition to come up with ideas on how to deal with the
      TERENCE TAN/ST  -  572 words
    • 425 3 "This is the first time I'm fighting an election during an downturn. I don t know whether it's an advantage or a disadvantage. But the fact is, I have no choice. If you ask me, I wouldn't choose to fight an election during a downturn. You don't
      425 words
    • 641 3  -  One-year shelving of GST will help economy, says SDA By Eugene Low, David Boey OPPOSITION parties kicked off the first day on their campaign trail by attacking the People's Action Party on a range of economic issues including the goods and services tax (GST) and
      641 words
    • 293 3  -  It asks for numbers of foreigners working in Singapore By Serena Ng THE Workers' Party yesterday took the government to task for its foreign talent policy, demanding to know the numbers of foreign workers in the country. At its rally at Yishun last night,
      293 words
    • 459 3  -  By Vince Chong NEW PAP candidate Amy Khor, who is contesting the Hong Kah Group Representation Constituency (GRC), yesterday proved her mettle when she worked the ground from 7am to 10pm. The 43-year-old Knight Frank investment sales director, along with
      459 words
    • 417 3  -  Job service centre in Jorong East starts operating soon Byl Teh Hooi Ling HELPING retrenched workers find jobs is the top priority of the government and the labour movement, said trades union chief Lim Boon Heng, who is leading the People's Action Party
      417 words
    • 306 3  -  By Quak Hiang Whai PAP candidate Ho Peng Kee yesterday pledged to further boost the facilities and services in Nee Soon East, including pushing for the earlier building of a hospital in the north. Unveiling the ward's own manifesto, Associate Professor Ho,
      306 words
    • IN BRIEF
      • 87 3 VETERAN opposition politician J B Jeyaretnam won't be allowed to speak at political rallies. The Parliamentary Elections Act disallows an undischarged bankrupt from taking part in any election activity. The former Workers' Party leader, a retired lawyer, was declared a bankrupt after failing to
        87 words
      • 56 3 BUT Mr Jeyaretnam was at SDPs rally at Jurong East stadium last night, although he did not speak. Hie SDP members made sure he wasn't overlooked, announcing his presence several times. SDPs Hong Kah GRC candidate Bryan Lim said* "Buy SDPs books and newspapers, and
        56 words
      • 104 3 THE Workers Party team for the Aljunied GRC need not have got disqualified if they had thought of approaching the PAP team for a Commissioner of Oath, Prime Minister Goh Chok Tong said. "They never asked George Yeo, 'Do you have a Commissioner
        104 words
      • 61 3 EVEN if Sitoh Yih Pin manages to win back Potong Pasir for the PAP, there's no guarantee that the constituency will get a MRT station. Prime Minister Goh Chok Tong has indicated. "He's trying very hard, but I'm not telling him whether he'll
        61 words

  • in the news
    • 585 4  -  15 contracts offered, with Sing Tel, Chartered Semiconductor futures among the more actively traded Hyi Angela Tan FIFTEEN single-stock futures (SSF), based on individual blue-chip stocks, made a cautious debut yesterday on the Singapore Exchange (SGX) as investors sized up the new product amid market
      CHRIS LOH  -  585 words
    • 389 4  -  Pay cut to affect less than 15% of staff, excluding remisiers By Quak Hiang Whai SENIOR management at DBS Vickers Securities will take a pay cut averaging lOjper cent as part of measures to manage the slowdown in the stockbroking industry.
      389 words
    • 214 4  -  Byy Vince Chong KIAN Ann Engineering Limited announced yesterday that it has acquired from Kim Seng (KS) Holdings Pte Ltd 25 million shares, or 23.15 per cent of the issued and paid-up capital, in listed KS Tech Ltd. At 14 cents
      214 words
    • 697 4  -  HOCK LOCK SIEW But odds are stacked against SSFs as they face retail indifference r sivanithy Single-stock futures (ssfs) offer an interesting blend of instruments equities and futures. They present investors with a chance to make money or to hedge the risk in their portfolios. They
      697 words
    • 300 4  -  Byy Ven Sreenivasan DESPITE chalking up losses of about $27.2 million for the half year to end-June. Intraco Ltd is planning to distribute some $50.3 million in cash to shareholders. The company is proposing to give shareholders 51 cents per share,
      300 words
    • 467 4  -  SIA Engg makes $97.6 m net profit; Sats, 112.8 m By] Beth Jinks SINGAPORE Airlines subsidiaries SLA Engineering Company and Singapore Airport Terminal Services have fared better than their parent for the first half of the current financial year. SIA
      467 words
    • COMPANY BRIEFS
      • 143 4 MPH Ltd yesterday said it has agreed to sell two of its European sweet and confectionery operations. Needier Blue Bird Confectionery Group Limited (NBB) and Societe Europeene de Confiserie (SEC), for £8 million. Of the £8 million, £4.5 million is payable on completion
        143 words
      • 75 4 ST Engineering yesterday said its wholly-owned subsidiary, Singapore Technologies Electronics Limited, has acquired a 22 per cent stake in WizVision.com Pte Ltd a technology company providing end-to-end solutions for payments, bill presentment and online hanking its clients include international banks, payment processors, large enterprises
        75 words
      • 68 4 FISCHER Tech yesterday said it has sold its entire 20.7 per cent stake in Univac Design Engineering Pte Ltd to unrelated party Goh Joo Teck for $658,412. It said the sale was to prevent any potential conflicts of interest as it plans to set
        68 words
      • 99 4 GRP Ltd said that its subsidiary GRP (China) Pte Ltd has agreed to sell 80 per cent of its wholly-owned unit Shanghai Xin Da Building Material Co for a nominal consideration of $1. The price was arrived at on a willing-buyer willing-seller basis,
        99 words
      • 39 4 STRATECH Systems has set up a wholly-owned subsidiary in Shanghai to carry on the business as a technology and systems developer. Stratech Shanghai has an authorised capital of US$2OO,OOO and a paid-up capital of US$5O,OOO.
        39 words
      • 47 4 UNITED Overseas Bank said it yesterday exercised its right of compulsory acquisition for the remaining OUB shares held by dissenting shareholders. It said payment has been dispatched and the relevant number of new UOB shares has been credited to their securities accounts.
        47 words
    • 509 5  -  CURRENCIES Sing retreats off overnight highs, hit by another weak industrial production number larry wee THE US dollar's upward momentum was curtailed yesterday by weekend squaring and, just as importantly, a more cautious mood ahead of key US data due out during the
      Source: Reuters  -  509 words
    • 232 5  -  By Chuang Peck Ming SINGAPORE and the United States moved closer to sealing a trade deal this week as they narrowed differences over access to their respective markets. The fifth round of free trade talks between them in London, which began on
      232 words
    • 449 5  -  BILATERAL FT A s Jetro signs accords with S'pore's Productivity and Standards Board, Trade Devt Board From Anthony Rowley in Tokyo FOLLOWING closely on the agreement between Japanese Prime Minister Junichiro Koizumi and his Singapore counterpart Goh Chok Tong to
      449 words
    • 627 5  -  Third quarter resale prices dip 1.8% while resale applications slide 4.3% By* Andrea Tan THE recent off-Budget measures have yet to boost sentiment in the Housing and Development Board (HDB) resale market, according to agents. "It's the lowest in the
      627 words
    • 445 5  -  K will also cut 20% of plant space, mainly in 'high-cost locations' By David Boey SINGAPORE-BASED Flextronics International plans to lay off 10,000 people worldwide, or about 15 per cent of its work force, as part of efforts to trim capacity. The world's No
      FILE PHOTO  -  445 words
    • 617 5  -  MAIL B A G Loh Hoon Sun Managing Director, Phillip Securities Pte Ltd Singapore WE refer to your column "Brokers can't bank on going it alone" by Wong Wei Kong (Hock Lock Siew, Oct 12). The column concluded: "In future, the face
      617 words
    • 244 5  -  Christine Daly Director/head ofoperations American Express International Singapore WE refer to the letter "Foreign banks not always better than local ones" by Oh Kwong Wee (Mailbag, Oct 22). In particular, we refer to Mr Oh's experience of the Balance Transfer facility from American Express, and
      244 words
    • 606 6  -  Liu Yongxin of Hope Group tops Forbes China Rich 100 list By' Teh Hooi Ling uhina a ricnest Dusinessman is worth US$l billion, a fortune built on animal feed, according to a list compiled by Forbes magazine. Moving up from second place last year.
      606 words
    • 257 6 Bloomberg [JAKARTA] Shares of PT Semen Gresik, Indonesia's largest cement maker by volume produced, fell nearly 6 per cent early yesterday after the government said it won't meet a deadline for seUing a stake in the company to Mexico's Cemex SA. Semen Gresik feU
      Bloomberg  -  257 words
    • 453 6  -  For first 8 months, it came to 9%; up from 3% in 1998 By' Tang Weng Fai ASIA'S share of the global mergers and acquisitions (M&A) market has been quietly rising despite the economic downturn, according to an Arthur Andersen M&A survey.
      453 words
    • 741 7  -  VALLEY VIEW Secure electronic messaging could be route to success jennifer lien The writer isßT's Silicon Valley correspondent THE events of Sept 11, and all the panic over anthrax-laced mail, have focused attention on one high-tech area in particular online communication. There's been a lot
      741 words
    • NOTE BOOK
      • 60 7 AP [KUALA LUMPUR] A positive trade balance and rising external reserves have eased pressure on Kuala Lumpur to lift or change its fixed currency exchange rate, an IMF official said yesterday. "Exports are falling but imports have declined even further," said Moshin Khan,
        AP  -  60 words
      • 82 7 AFX-Asia [HONG KONG] Hutchison Whampoa Ltd has declined to comment on speculation that the company will not provide fresh funds to unit Hutchison Telecommunications Australia Ltd. Company head of group corporate relations Laura Cheung said: "This is press speculation." The Australian Financial Review yesterday
        AFX-Asia  -  82 words
      • 34 7 Reuters [HONG KONG] Internet service provider Asia Online Ltd confirmed yesterday that its operations in Hong Kong, Australia and New Zealand had been placed under liquidation. Reuters
        Reuters  -  34 words
      • 77 7 Reuters IriUiNij kuinLtJ Goldman Sachs said yesterday it had cut its earnings forecast for Hong Kong banks by 3-10 per cent for 2001 and 11-19 per cent for 2002 due to lower margins and higher provisions amid the global economic downturn. It was highlighting
        Reuters  -  77 words
      • 59 7 Bloomberg [HONG KONG] Hong Kong exports posted their biggest drop in almost three years in September as terrorist attacks on the US disrupted shipments, and a deepening global economic slump sapped demand. Overseas sales fell 11 per cent from a year earlier
        Bloomberg  -  59 words
      • 65 7 Bloomberg [BANGKOK] Thailand's central bank will delay a planned sale 0f320 billion baht (Ssl3 billion) of bonds to early next year from this year as it needs more time to win parliamentary approval. The Bank of Thailand needs the funds to repay short-term loans
        Bloomberg  -  65 words
    • 204 7 Reuters [TAIPEI] Taiwan Semiconductor Manufacturing Co yesterday posted better-than-expected profits in the third quarter of 2001 and forecast further improvement in Q4. The world's largest contract chipmaker earned NT$O.O6 per share in Q3, beating market estimates. A Reuters survey of five analysts yielded an
      Reuters  -  204 words
    • 549 8 Recent economic data, like new home sales, have been weaker-than-expected NYT [NEW YORK] With the Federal Reserve cutting interest rates and Congress vowing to pass a large stimulus package, economists had said that the current downturn in the US could end up
      NYT  -  549 words
    • 405 8 Michael Treschow takes over after firm loses 4b kronor in Q3 Bloomberg [STOCKHOLM] Ericsson AB yesterday named Michael Treschow as chairman, replacing Lars Ramqvist at the biggest maker of wireless networks, which is facing its first annual loss in more than half a century. Mr Treschow,
      Bloomberg  -  405 words
    • 391 8 Bloomberg [NEW YORK] Three days after the Sept 11 terrorist attacks, American International Group Inc chairman Maurice "Hank" Greenberg's board authorised a US$3 billion stock buyback, anticipating a plunge in shares. The 40 million shares were never bought and a month later, the board revoked
      Bloomberg  -  391 words
    • 280 8 Bloomberg [NEW YORK] Citigroup Inc's practice of maintaining relationships with offshore shell banks in the Bahamas, the Cayman Islands and elsewhere will have to end under the anti-money laundering law enacted by Congress on Thursday. The law prohibits US banks from opening correspondent
      Bloomberg  -  280 words
    • POLITICAL BRIEFS
      • 71 8 Reuters, AFP [WASHINGTON] President George W Bush signed into law yesterday sweeping legislation to enhance the ability of federal authorities to tap phones, share intelligence information, track Internet usage, crack down on money laundering and protect US borders. "This legislation is essential not
        Reuters,; AFP  -  71 words
      • 85 8 Bloomberg [LONDON] US troops on Friday met heavy resistance inside Afghanistan from the Taliban, who later exhibited part of the undercarriage of a US helicopter that broke off during a quick extraction, the UK's Daily Telegraph reported, citing US defence officials. The targets, a
        Bloomberg  -  85 words
      • 47 8 Reuters [LONDON] Osama bin Laden had obtained nuclear material which could be used in a terror attack, London's The Times newspaper and Channel Four television news quoted sources as saying. They said he had obtained the materials illegally from Pakistan. Reuters
        Reuters  -  47 words
      • 44 8 AFP, Reuters [WASHINGTON] Traces of anthrax spores have been found at a CIA building outside Washington, the Homeland Security director Tom Ridge said yesterday. Preliminary determinations show the amount of bacteria is "medically insignificant", he said. —AFP, Reuters
        AFP,; Reuters  -  44 words
      • 85 8 AFP [KABUL] Former Afghan resistance commander Abdul Haq was executed in Afghanistan yesterday, a Taliban spokesman told AFP. 'He was shot with a Kalashnikov automatic rifle around 1:00 pm.' Abdul Hanan Hemat of the Taliban's Bakhter information agency said. Earlier, a Taliban spokesman said US helicopters
        AFP  -  85 words
      • 59 8 NYT [WASHINGTON] The Saudi family of Osama bin Laden is severing its financial ties with the powerful Carlyle Group, executives said. The decision, reached by mutual agreement, came largely as a result of public controversy about the family's stake in a Carlyle fund that
        NYT  -  59 words
    • WORLD WATCH
      • 82 9 Reuters [HAYWARD, California] Ford Motor Co settled a massive lawsuit on Thursday by agreeing to reimburse former and current owners for repairs on an estimated 22 million vehicles prone to stalling because of ignition problems. Plaintiffs' lawyers estimated the settlement could cost
        Reuters  -  82 words
      • 103 9 Reuters [NEW YORK] Chevron Corp and Texaco Inc, which earlier this month completed a merger creating the No 2 US oil company, separately reported lower third-quarter earnings on Thursday as both suffered from an economic downturn which has choked demand for oil and gas.
        Reuters  -  103 words
      • 84 9 Reuters [TORONTO] JDS Uniphase Corp, a maker of fibre-optic components for the telecom industry, reported steeper losses in its first quarter and said it expects sales to drop further. Including all charges, the company reported a loss of US$l.2 billion, or 93 US
        Reuters  -  84 words
    • 599 9 Microsoft launches its new upgrade in 60 cities around the globe amid much hoopla NYT [NEW YORK] Except for the Madonna tune, it could almost have been a religious experience. The lights dimmed and the audience was asked to rise at Microsoft Corp's official
      NYT; AFP  -  599 words


  • Page 6 Advertisements
    • 1518 6 sia EnGinEERinG comPAny liitiited (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of SIA Engineering Company Limited are pleased to make the following announcement 1 UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2001 GROUP COMPANY GROUP Apr-Sep Apr-Sep Apr-Sep Apr-Sep 2001 2000 Change 2001 2000
      1,518 words

  • Page 7 Advertisements
    • 2344 7 SinGAPORE AIRLinES LItTIITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Singapore Airlines Limited wishes to make the tokowtng announcement 1 UNAUDITED FINANCIAL RESULTS FOR THE SU MONTHS ENDED 30 SEPTEMBER 2001 THE GROUP THE COMPANY" THE GROUP Financial Apr-Sep Apr-Sap AprS*p Apr-Sap year 2001 2000
      2,344 words

  • Page 8 Advertisements
    • 1431 8 SATS (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Singapore Airport Terminal Services Limited (SATS) wishes to make the following announcement--1 UNAUDITED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2001 THE GROUP THE COMPANY THE GROUP Apr-Sep Apr-Sep Change Apr-Sep Apr-Sep Change Financial Year
      1,431 words

  • 6406 9 Transaction date: Oct 26 for live prices, log on to wwwxtsixioriemarkets.com Gr Of M m 524* Last Vol Day Last Quote CN« M» VW Mot Cap An HI0I low Comply Solo W- fOBO) low »oyr So«or Cvr ftl Sadl Price 9 6 ABNAmroNLG 56c 9 3.4 138 39.5
    6,406 words
  • 58 9 Iff M tor LM Ovou te DK W M Cm An L— C— Sd. W- r«M) W* U» towr Mhr S Cw W| 3 hto 113*0 ***** s Diamonds US***** 6890 3830 i (S DJ US Tech US4880 *120 4880 4880 555 440 s ISMSOSpore— US450 ***** 9870
    58 words
  • 1493 9 .H* Vol Day LMOWM* On On r£ Nit Cm Aw ny L— Ciwpia) Ml w- r—> Ml# Lewr fcflwr Cm P* >3 Mb 145 10 W MS M 14.5 5 18 1.7 4.3 28 14 405 12 cAPOdSc 15.5 *0 5 S5 15.5 15.5 15 16 4 134
    1,493 words
  • 405 9 52-W* Last Val Day Last Ouott Dtv Wv YW Nat M Cap HI9" Law Company Sale COOP) Mlgh Law Buyer Seller C'w P/E SmH no 60 AVJarmings A25c A 75 *5 2 75 75 75 40 14 13-3 4.4 161.4 Cathay Pac 20c HK 720 265 2.1 7.4
    405 words

  • week in review
    • 1275 10 For the full stories, visit http://business-times.asial.com.sg PAP returned to power for ninth straight term oct26 THE People's Action Party was returned to power for a ninth straight term when nominations closed on Thursday but there wasn't much jubilation. Prime Minister Goh Chok Tong said his party
      1,275 words
    • 278 10 EDITORIAL Oct 25 Look beyond the current problems ONE thing is clear in the run-up to Singapore's Nov 3 general election: the outcome will turn on the current economic downturn and how the contending parties propose to deal with it. The PAP has announced an $11.3 billion
      278 words
  • 2602 10 Transaction date: Oct 26 KUALA LUMPUR Vol RM COOP) AiMRealty 0.74 -0.01 6 A brie 1.83 -0.02 17 ACP Industries 2.78 0.03 70 Advance Synergy 0.46 unch 22 Affin Holdings 0.23 unch 17 Ahmed Zaki Res _...3.74 0.02 1 AIC Corp .3.58 "0.04 1 Aikbee Res 2.28 -0.01 614
    2,602 words
  • 722 10 i Transaction date: Oct 26 m a— on ««*>—» wt a—a mini C«C OJS 2.830 -0.0*0 NatSta* 50c 0.16 0.783 *0015 CapitaLand 1.46 L470 -0.040 OCBC 10.11 X)-600 Owl SanMCond 174 3-680 -0.100 OOE 032 5.700 *0.100 CRy Dav 50c 194 4_240 -0.040 Ptnwmy H 25c 0.49 0.965 -0.005
    722 words
  • 761 10 BONDS WARRANTS rnm Entry La* M Can tor Mb M* *m- rWMh hH tm*rn AST1W*****1 18 -0.5 30 1 16 1K 32 Amte* W*****0 AS 1 28 1 33 14 1 96 44 Anmtrong W*****0 AS 1 10 55 1 82 31 A»rfuu>IPVWa0712 I 1 166 2127 7 SO 9
    761 words

  • in the money
    • 922 11  -  EQUITIES The stock has recovered from recent lows, but events show it is still in rough waters By' Ven Sreenivasan LONG-SUFFERING Neptune Orient Lines seems to have recovered nicely from its recent lows. It closed 5 cents higher at 86 cents
      Source: Bloomberg  -  922 words
    • 413 11  -  By George Lam The writer is a senior consultant with Paris-based JCF Group. WE continued to receive more downgrades than upgrades of recommendations last week, from Oct 16 to 22. A total of 40 recommendation changes were recorded, of which 14 were positive and 26
      413 words
  • 3490 11 UNIT TRUSTS FUNDS Ab«rd««n Asset Mgt Asia Ltd Aberdeen Select Portfolio: American Opport Fd 0.716 0.752 Asian Fixed Income Fd 1.138 1.173 China Opportunities Fd!** 0.855 0.899 Cont Euro Eqty Fd! 0 925 0.972 Global MNC Fd 0.634 0.667 Global Technology Fd!" 0 490 0 515 Indonesia Equity Fd!** 0.592
    3,490 words
  • 1970 11 for week beginning Oct 22 MM earn tn DM* TT IT TT IT mm (5m) (rt«) (ctt) ABR Hldgs 28-Scp I 3 0721. 2.343 1.5* 1J1 Acma 26-Sep I 4761L 4 088 2.71 2.4 AEM-Evertech 27-Sep I 1 97 10.114 0.54 1.12 BanJoo 26-Sep P 1
    1,970 words
  • Page 11 Advertisements

  • what's in style travel
    • 789 12  -  CORINNE KERK finds Casa del Mar, a distinctly Mediterranean-style resort in Langkawi, Malaysia, ideal for a convenient, romantic getaway CORINNE KERK OU have to be Y careful when J driving around here, you know," says one of my I mini-bus com- panions on a recent trip
      Alt photos, except the hotel room, by CORINNE KERK  -  789 words
    • 431 12 I HAVE a question about the Barn Thai restaurant in Langkawi, and that is: what in the world possessed its creators to build it half a kilometre into a mangrove swamp? Not that I'm complaining, really. Just curious about how the idea came about. I mean,
      431 words
  • Article, Illustration
    1263 12 Transaction date: Oct 26 MTERBAME CROSS RATES C$ Bwfc Ewo Ffr Dm HK$ Iml to BnplH Yon Won m H2$ Pafc to Peso S$ gaud Sir NTS Brtt Pond USS ustr f ,U 0 789 4 *> 0-56' 3.679 1097 3.911 24.060 51.388 0.615 6.500 1905 12% 30.918 26.095
    1,263 words
  • Page 12 Miscellaneous
    • 317 12 CRYPTIC CROSSWORD ACROSS DOWN 1 Acting Shakespeare's first 2 Accomplished try to eavesdrop fl 2 3 I* HHS I I I® I 7 B what's-his-name (6) (8) 5 P-position for a sentimental re- 3 Hazel could be such a brunette j^B 9 German tenor turned out nice 4 Long-term hospitals
      317 words

  • what's in style food
    • 1500 13  -  Serious collector NK YONG presents a list of must-have fine wines, from vintage French to Californian cult for today's personal cellar NK YONG THERE are at least two reasons for starting a cellar. Wine lovers have cellars so that they have a ready supply of their favourite
      PHOTOS BY ARTHUR LEE  -  1,500 words
    • 867 13  -  CHEAH UI-HOON serves up a Halloween menu CHEAH UI-HOON HALLOWEEN All Hallow's Eve may have Irish-Celtic origins, but its pumpkin associations and trick-or-treating are quintessentially American. Although it isn't one of the biggest festive occasions in Singapore not taking into account bars and pubs supermarkets and bookstores do
      867 words
  • Page 13 Advertisements
    • 419 13 wine&dine with weekendßT *02-38 Specialist Shopping Centre. Tel: 835 0238 10 Coleman Street. Tel: 432 5567 333 7>* *****11 > *****00 lovers can tuck Mo succulent St There's more to the Chatterbox coffeehouse Edibte works of art are the Pastry Shop's speciality. Or e f ery s ighl ghts include
      419 words

  • what's in style motoring
    • 885 14  -  Nothing under $200,000 stands out from the crowd like the new and bold Lexus ES3OO, says CHRISTOPHER TAN CHRISTOPHER TAN I CAN'T quite put a finger on it, but there's something about the new Lexus ES3OO that doesn't seem right. It may have to do with the generous
      885 words
    • BRAVE NEW WHIRL
      • 81 14 AUDI'S Allroad was launched yesterday at Premium Automobiles' Leng Kee Road showroom. Probably the best and most expensive sport-utility vehicle of its kind, the Allroad is powered by a 250-horsepower 2.7-litre V 6 30-valve engine that's fed by two turbos. The all-wheel-drive hits lOOkmh
        81 words
      • 61 14 TOYOTA has unveiled its Formula One racer, on display now at the Tokyo Motor Show. The Japanese company is entering the ultimate motor-racing arena next year, under the flag of Panasonic Toyota Racing. The season kicks off on March 3 in Melbourne, Australia. Toyota has been
        61 words
      • 64 14 NISSAN'S Fairiady Z concept must be one of the most drool-worthy exhibits at the ongoing Tokyo Motor Show. Looking very much like the Z classic, the concept displays new technologies and fresh design twists. It is powered by a new 3.5-litre V-engine that is paired with a
        64 words
      • 231 14 VOLKSWAGEN, which owns an impressive stable of performance marques such as Lamborghini. Bentley and Bugatti is out to put its own stamp on a racer. A strong hint of what's to come lies with the Wl2 Coupe concept, a 600-horsepower six-litre 12-cylinder rocket that will scare Porsche
        231 words
      • 97 14 SAAB's face-lifted 9-5, incorporating no fewer than 1,265 changes but looking quite familiar, is now available at Trans Eurokars. Competing in the crowded executive segment, the car is expected to boast sticker rates that might make BMW 3-series and Audi A 4 rivals look bad.
        97 words
      • 118 14  -  Compiled by i CHRISTOPHER TAN TOYOTA'S new Camry looks set to become the largest and most elegant Japanese executive sedan yet. The car, on which the new Lexus ES3OO is based, is sizeably larger than its predecessor and is decked out with a lot more
        118 words
    • 657 14  -  DaimlerChiysler lets 10 of its prized exhibits on the road From Samuel Ee The writer is BT Online editor in Stuttgart DRIVE around in a convertible with the top down and almost everyone stares at you. Everyone except the driver of another convertible. Unless, of course,
      657 words

  • what's in style art
    • 765 15  -  Three artists push our understanding of clay by focusing on its artistic potential rather than its functional uses, reports CHEAH UI-HOON CHEAH UI-HOON THE relationship between human beings and the earth is symbiotic in many aspects. While we have to toil the earth for food, there are
      765 words
    • 247 15 Selected entries of a local photo contest on show FIVE months ago, in May, a photographic competition was held to "freeze time" and give a snapshot of life in Singapore from within. The main premise was that £01 photos had to be
      247 words
  • 5223 15 Transaction date: Oct 26 for mare, go to luiuwjasiaonenmarketsxxmi HONG KONG v«i HKj COOP) AcrossAsia Multimedia 0.50 unch 0 Alpha General 0.04 unch ***** Amoy Prop 8.10 -0.15 4017 Ananda Wing On 0.06 unch ***** Angang New Steel M 0.93 0.01 ***** Anhui Conch H 1.54 -0.04 2540
    5,223 words

  • what's in style collections
    • 984 16  -  Nothing is mass produced, and every piece is subtly distinctive, PARVATHINAYAR finds at the multi-million dollar Lotus Arts de Vi PARVATHI NAYAR ATEASET made of sterling silver and carved coconuts, a tiny porcupine toothpick holder with toothpicks for quills, intricate shell-and-gold bangles. Traditional Asian crafts are certainly
      984 words
    • 1008 16  -  BIZWOMAN Home-grown children's label Bamboozle is spreading its palette to more countries, reports CORINNE KERK CORINNE KERK IN the midst of all the gloom and doom, it is such a pleasure to just sit in the office of Bamboozle, and be surrounded by colour, colour and more
      1,008 words
    • 327 16  -  Byi Corinne Kerk THE first question that comes to mind when you look at Montblanc's version of the advent calendar is "why?" Or, to be precise, why is it that you only get cardboard advent calendars which are pretty, but look nothing like this three-dimensional whopper
      327 words
    • 883 17  -  French shirtmaker Alain Figaret produces shirts of a quality and finish admired by fans from Spielberg to Shaq. CORINNE KERK meets the family behind the business CORINNE KERK ITS clients include the who's who of moviedom, royalty, sports and politics. But France's foremost shirtmaker, Alain Figaret is
      RICHARD CHING  -  883 words
    • Article, Illustration
      512 17  -  By Chen Huifen IF you haven't already noticed, PDAs (personal digital assistants) are becoming the next "must-carry" item, after the mobile phone. Next to SMS-ing while you're in a queue, dishing out a PDA to do some PIM (personal information management) while waiting for your friend at a
      512 words
    • Article, Illustration
      245 17  -  CHEN HUIFEN admires the new Sharp notebook, the world's skinniest (for now) CHEN HUIFEN MODERN Samurais, take note. SharpRoxy Sales Singapore yesterday introduced the world's slimmest and lightest ultra-portable notebook. Named after a Japanese sword, the Muramasa, it combines traditional functionality with cutting-edge design. At I.3kg and only
      245 words

  • Page 17 Advertisements
    • 1160 17 rccwlls^ipiUMLi| IN THE MATTER OF THE COMPANIES ACT, CAR 5* AND IN THE MATTER OF 9CAMNET PTE III) (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the abovementioned Company, held at 18 Tannery Lane *05-03 Lian Tong Building. Singapore *****0 on the 19 day of October 2001 at
      1,160 words
    • 106 17 Sincc 19o our ivorldv.ide staff of over 275 multi disciplined p'ofcssionals rt < f m/f indudinq lawyers ch.i r 'e:o d accountants Ik i K chartered secret.vies ,,c. b inkers have J 1 y provided confident .i .i cost elective S it company format or i> t' 1 rra|Or low
      106 words

  • what's in style
    • 1755 18  -  Bet you never knew you needed a condom box. Or a really cool bike. Or a neat stapler. Or a wonderfully useful lounger for tech-heads. GEOFFREY EU puts together a capsule collection for the haute culturally inclined. GEOFFREY EU It was around the year 2780 BC when history's
      1,755 words
  • Page 18 Advertisements