The Business Times, 5 January 2002

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1 16 The Business Times
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  • Title Section
    Lock icon Masthead
    21 1 THE BUSINESS TIMES weekend JANUARY 5-6, 2002 85C MITA (Pi 107 n:t 2001 Internet http www business times asial con) sg
    21 words
  • Article, Illustration
    Lock icon CPF-approved unit trusts show mixed bag of results
    1021 1  -  EXCLUSIVE Just over half of funds outperformed the CPF Ordinary Account in the review period By I Serena Ng [SINGAPORE] Slightly more than half of the unit trusts approved by the Central Provident Fund Board provided greater returns than the CPF Ordinary
    1,021 words
  • Article
    Lock icon Pace of US job losses slowed in December
    298 1 Non-manufacturing business index up for 2nd straight mth Bloomberg,. AFX [WASHINGTON] The US economy shed fewer jobs in December than at in any time in the last four months, suggesting the worst is over for the labour market. Factories and retailers cut
    Bloomberg,.; AFX  -  298 words
  • Article
    Lock icon Nasdaq at 5-mth high in morning
    93 1 Bloomberg [New York] US stocks rose yesterday morning, driving the Nasdaq Composite Index to its highest in five months on expectations technology spending will increase as the economy recovers from recession. "My gut feeling is that we've seen the worst in the economy and
    Bloomberg  -  93 words
  • Article, Illustration
    Lock icon Boon Swan Foo is MD of science agency
    375 1  -  By\ Eugene Low [SlNGAPOßE] Boon Swan Foo, who resigned as ST Engineering's deputy chairman and chief executive last year, is back in the thick of things this time as managing director of the newly-christened Agency for Science, Technology and Research, which goes
    375 words
  • Article, Illustration
    Lock icon Will more overseas Chinese head back home?
    811 1  -  SATURDAY SOAP BO X quak hiang whai SOMEONE once said that the revolution to overthrow Old China and seek a better way of life really started some 150 years ago with the Taiping uprising. That revolution hasn't ended. Indeed, the Communist Party's efforts
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  • in the news
    • Article, Illustration
      Lock icon What a change for equities in just one week
      571 2  -  MARKET REVIEW r sivanithy IN the space of a week, the Singapore market has gone from one of the world's worst performers to one of the best. What has changed? For one, increasing signs that the US economy may have bottomed.
      571 words
    • Article
      Lock icon MARKETS
      76 2 Dsn 1,678.87 (+24.96) mm 878.88 (+8.98) ST INDEX FUTURES 1,686.00 (+19.00) mm SBNSCI FUTURES U 210.60 (+3.30) Friday Change KLSECOMP 693.47 -999 NIKKEI £25 10,871.49 +328.87 HANG SENG 11.702.15 +278 63 SET INDEX 315.73 +3.68 JAKARTA COMP ..***** +3.69 MANILA COMP .1.189.89 +1560 TAIPEI WPI 5.638.53 +***** SEOUL COMP
      76 words
    • Article
      Lock icon FINANCE
      67 2 FOREX RATES us$ t$ US$ (S$ per I'SS) 1.847 £(US$/S$ per 1.442 2.663 ElTtO(US$/S$/E) 0.899 1.660 DM 2.175 1.178 YEN Ml 71.00 RM 3.800 2.068 HK$ 7.798 BAHT 44.06 2186 RIP1AH 10,390 5.626 PRIME RATES SINGAPORE* 5.25 KUALA LIUPUR 8.40 HONG KONG 5.125 JAKARTA 39.00 TAIPEI 6.79 TOKYO 1.376
      67 words
    • Article
      Lock icon OCBC sweetens ex-gratia payments for retrenched
      525 2  -  Special ex-gratia tops rival U0B v s by half a month By Angela Tan [SINGAPORE] After more than two months of talks, OCBC and two unions yesterday agreed on retrenchment terms after the bank sweetened its special ex-gra-tia payments by an extra half-month's pay
      525 words
    • Article
      Lock icon Effective Capital owners net RM80m from Clob deal
      547 2  -  Profits are takings for financial year 2000 Byi Conrad Raj [SINGAPORE] The three shareholders of Effective Capital responsible for transferring Malaysian Clob shares back to their owners have earned a cool RMSBO million (5538.9 million) in profits for their work in the
      547 words
    • Article
      Lock icon Sanwa, Tokai retrench 40 staff: sources
      371 2  -  Exercise said to be one-off; banks merge by Jan 15 By, Angela Tan [SINGAPORE] In what is said to be a one-off exercise, Japanese banks Sanwa Bank and Tokai Bank yesterday retrenched more than 40 employees in their Singapore branches ahead of the completion
      371 words
    • Article
      Lock icon Correction
      76 2 In the Jan 3 Shipping Times report on the restructuring at US logistics firm Emery, the headline "Emery Worldwide wound up" may have been misleading as it was actually Emery Worldwide Airlines that had ceased operations. Business at Emery Worldwide has continued as units of Menlo Worldwide, a newly-formed
      76 words
    • Article
      Lock icon S'pore tech stocks end 1st week of 2002 on high note
      583 3  -  Analysts say rally is momentum and liquidity driven, but are mixed over whether it can be sustained By] David Boey, Serena Ng SINGAPORE technology stocks yesterday ended the first week of the new year on a high note, but
      583 words
    • Article, Illustration
      Lock icon Kyodo-Allied is 1st IPO of '02 with 18m share offer
      333 3 Tlie clean room specialist hopes to raise $2.7 m with shares at 20c apiece THE year's first initial public offering hit the market yesterday, with Sesdaqaspirant Kyodo-Allied Industries hoping to raise $2.7 million from the sale of 18 million shares
      ARTHUR LEE  -  333 words
    • Article
      Lock icon Equities the coolest investment around
      838 3 HOCK LOCK S I E W cathtrlii oif Unless US economic recoveiy fails to pan out BUOYED by a post-Sept ll rally, Wall Street is starting the new year hopeful that the US economy is on the mend and a Vshaped recovery lies ahead. The
      838 words
    • Article
      Lock icon k1 Ventures to register $57m charge on profit & loss account
      259 3 k1 Ventures to register $57m charge on profit loss account inmnnwn write-down; MTA to fall 10% kl VENTURES Ltd, a mainboard listed technology venture firm, said yesterday it will register a $56.9 million charge on its profit and loss account following a $49.2 million write-down in its technology venture capital
      259 words
    • IN BRIEF
      • Article
        Lock icon CK Tang cases borrowings with righta issue
        48 3 Retailer CK Tang said yesterday it has received the go-ahead to list its rights shares on the Singapore Exchange. It said net proceeds of $16.4 million from the rights issue will allow it to "re-capitalise «nd strengthen its equity capital base".
        48 words
      • Article
        Lock icon SGX approves CEH capital reduction
        37 3 Construction firm Chew Eu Hock Holdings Ltd (CEH) said the Singapore Exchange has approved in-principle the capital reduction in the par value of CEH shares from 20 cents to half a cent.
        37 words
      • Article
        Lock icon Powermatic Data ups investment in US unit
        39 3 Networking products firm, Powermatic Data Systems Ltd, has raised its investment in a US-based unit Compex Inc, through the capitalisation of part of its loan to the unit amounting to US$6 million.
        39 words
      • Article
        Lock icon ChuaHan Tian Chu gets 1m OPH share options
        54 3 Orchard Parade Holdings (OPH) said its director, Chua Tian Chu, has been granted an option by Far East Organization Pte Ltd to acquire from them 1 million ordinary OPH shares at 38 cents per share This brings Mr Chua's portfolio of OPH
        54 words
      • Article
        Lock icon Transpac chairman steps down
        27 3 Transpac Industrial Holdings, a ma in board-listed investment holding company, said Hsuan Owyang, its chairman and director, has resigned, effective from Dec 20,2001.
        27 words
    • Article
      Lock icon Ipco substantial shareholder Springsun pares stake to 12.2%
      195 3 LOSS-MAKING construction and engineering company Ipco International yesterday announced more changes to substantial shareholders' stakes. In separate releases to the Singapore Exchange, Ipco said its substantial shareholder Springsun Highways has pared its stake to 12.24 per cent, from 25.8 per cent. The
      195 words
    • Article
      Lock icon Roly International's interim profit plummets 45% to US$2.3m
      189 3 GLOBAL supply chain management group Roly International yesterday reported a 44.8 per cent fall in interim net profit to US$2.3 million. Turnover for the six months ended Oct 31 was U5573.7 million, down 14.3 per cent from the previous half-year. Earnings per
      189 words
    • Article
      Lock icon SIA may reverse flight cuts as demand rises
      527 3 Capacity may not have to be cut by as much as planned Bloom berg SINGAPORE Airlines, Asia's third-biggest carrier by sales, told investors it may reverse some planned flight cuts to the US and Japan, as air travel demand starts showing signs
      Bloom berg  -  527 words
    • Article
      Lock icon UOL sees $84m profit from Hong Bahru Plaza sale
      319 4  -  Divestment is in line with its plan to reduce gearing, raise funds for residential property devt By Andrea Tan UNITED Overseas Land said yesterday it will book a pre-tax profit of $84 million this year from the sale of Tiong Bahru
      319 words
    • Article, Illustration
      Lock icon SGX's IT Solutions unit head Simpson resigns
      235 4 THE Singapore Exchange (SGX) said yesterday that senior vice-president and IT Solutions division head Roy Simpson has resigned. Mr Simpson joined SGX in September 2000 with 20 years' experience in the securities industry and spearheaded significant contributions such as the formation of Asia
      235 words
    • Article
      Lock icon CapitaLand sees 15% sales growth
      326 4  -  Its hotel arm, Raffles i_ noMings, is expected to stay profitable In FY2OOI By David Boey EARNINGS updates released last night by real estate firm Capita Land and its listed hotel arm Raffles Holdings said Capita Land's sales should grow more than 15 per cent
      326 words
    • Article, Illustration
      Lock icon SingTel may cut IDD rates briefly
      356 4 While responding to Star Hub's offer, it also wants to avoid an all-out price war Dow Jones Newswires SINGAPORE Telecommunications Ltd is prepared to use promotional offers to reduce what it charges for long-distance telephone calls but wants to avoid an all-out price war,
      Dow Jones Newswires; FILE PHOTO  -  356 words
    • Article, Illustration
      Lock icon Branson more confident about Virgin's prospects
      338 4 Reuters, Bloomberg [LONDON] Richard Branson, chairman of Virgin Atlantic, said on Thursday he was now truly confident about the airline's prospects as it emerges from a very tough year, whereas he was less certain three months ago. "I think (2001) has been a challenging
      Reuters,; Bloomberg  -  338 words
    • Article, Illustration
      Lock icon Euro looks set to disappoint believers
      543 4  -  CURR ENC I E S Few seem ready to draw conclusions for currencies larry wee IT HAS been a mixed start to the year for currencies and few seem ready to reach any conclusions yet, but it is nice to at least be able
      543 words
    • Article
      Lock icon Rev up with Shell V-Power premium petrol
      206 4 PETROCHEMICALS giant Shell will unveil an extensive advertising campaign next Friday to push a new premium fuel priced at $1,293 per litre that is touted to be "in a different league from any fuel" sold here. Dubbed Shell V-Power, the new blend of
      206 words
    • Article, Illustration
      Lock icon Manufactured products price index falls 7.2%
      240 4  -  EYE ON THE ECONOMY PPI By Eugene Low PRICES of locally manufactured commodities continued to slide in November last year, according to data released by the Department of Statistics. The manufactured products price index dipped 7.2 per cent year-on-year, dragged down by cheaper oil
      Source:  -  240 words
    • Article
      Lock icon Review retirement planning
      94 4  -  MAIL B A G Leong Sze Hian Chairman, Practice Standards Committee Society of Financial Service Professionals Singapore WE refer to your article "US workers have to rethink retirement savings" (Source: Reuters, BT, Dec 31). The practice guidelines on retirement planning of the Society of Financial Service Professionals
      94 words
    • Article
      Lock icon Telekom, Digi shares surge on 3G licence award reports
      467 5  -  News sparks buying despite no official confirmation off a wards From Diana Oon Abdnllah in Kuala Lumpur STOCKS of telecommunications groups Telekom Malaysia and Digi.com rose yesterday following local press reports of the impending award of third-genera-tion mobile phone licences by
      467 words
    • Article
      Lock icon Petronas won't acquire M'sia Airports
      145 5 Dow Jones Newswires [KUALA LUMPUR] National oil company Petroliam Nasional Bhd, or Petronas, won't proceed with the acquisition of Malaysia Airports Holdings Bhd's Formula 1 racing circuit operator unit, the edgedaily.com reports. The report, carried in the Sun newspaper, and quoting unnamed sources, said Petronas
      Dow Jones Newswires  -  145 words
    • IN BRIEF
      • Article
        Lock icon Gus Dur ready to face questioning
        69 5 AFX [JAKARTA] Former Indonesian president Abdurrahman Wahid is ready to be questioned by police over claims he took almost US$2 million to pardon Tommy Suharto, Mr Abdurrahman's aide Yahya Staquf said. "Gus Dot is ready for the questioning because he feels that he is
        AFX  -  69 words
      • Article
        Lock icon China closes Fujian Inv Corp
        97 5 Reuters [BEIJING] China has closed the Fujian International Trust and Investment Corp, a government official said yesterday, throwing into doubt the company's payment on a 14 billion yen (Ssl96 million) Japanese Samurai bond. "The company has been closed," said an official from Fujian province, the
        Reuters  -  97 words
      • Article
        Lock icon Bakun dam contracts to be awarded soon
        56 5 Reuters [KUALA LUMPUR] Malaysia, which has invited foreign tenders for the construction of its US$2.4 billion Bakun dam, will begin awarding contracts for civil works in June, Bernama said yesterday. It reported a top energy executive from Sarawak as saying contracts awarded would
        Reuters  -  56 words
      • Article
        Lock icon Commerce Asset not in talks with RHB
        129 5 AFX [KUALA LUMPUR] Commerce Asset Holding Bhd is not in talks with Rashid Hussain Bhd to merge their ragpcrtivp hanking units Bimlpntra/inmiTMny Bank and RHB Bank, Commerce Asset executive director Rozali Mohamed All was quoted by Malaysia's Berita Harian as saying. One of
        AFX  -  129 words
      • Article
        Lock icon Bangkok plans 47 baht airport rail link
        79 5 Bloomberg [BANGKOK] Thailand plans to invest 47 billion baht (Ssl .97 billion) to build a railway linking Bangkok's new international airport and the city's downtown region. The government may spend 31 billion baht to build the rail track and interchange system as part
        Bloomberg  -  79 words
      • Article
        Lock icon HK-China talks on FTA this month
        65 5 AFP [HONG KONG] Hong Kong Financial Secretary Antony Leung will head a team to Beijing this month for talks on setting up a free trade agreement with China, a government spokesman yesterday. The delegation is expected to leave in mid-January to discuss for the
        AFP  -  65 words
      • Article
        Lock icon PetroChina's gas pipeline plan delayed
        79 5 Bloomberg [BEUING] PetroChina Co' 9 plan to build a US$5 billion gas pipeline has been held up because of concern about the price customers will pay for the fUel, said one of the companies bidding for the contract. While PetroChina may a preliminary agreement in
        Bloomberg  -  79 words
    • Article, Illustration
      Lock icon Indian banks paralysed as 600,000 workers go on strike
      422 5 Reuters [NEW DELHI] India's financial system was brought to a near standstill yesterday as more than 600,000 bank employees went on strike countrywide, protesting against the apparently forced transfers of 24 Standard Chartered Bank staff. Banks throughout the country were hit.
      Reuters; AFP  -  422 words
    • Article, Illustration
      Lock icon Engaging the US through cultural diplomacy
      1142 5  -  WRITER'S JOUR N A L Culture can help explain a nation, judging from the success of a Brazilian art exhibition in New Yorti karim raslan WITH Body and Soul, a Brazilian art exhibition at New York's prestigious Guggenheim Museum, a Latin American cornucopia has
      1,142 words
    • Article
      Lock icon Renong, Intria shares up on RM2b govt contract talk
      359 5 Guessing game over Penang second-link deal Reuters [KUALA LUMPUR] Shares of Malaysian conglomerate Renong and its stablemate Intria surged yesterday amid speculation the group had won a government contract worth an estimated RM2 billion (***** million). Renong shares were up 10
      Reuters  -  359 words
    • IN BBIEF
      • Article, Illustration
        Lock icon Dutch beer magnate Freddy Heine hew dies
        88 6 AFP [NOORDWIJK, the Netherlands] Dutch beer magnate Freddy Heineken (right), who transformed his family firm into one of the world's brewing giants, died aged 78, Heineken management announced yesterday. They said he died at home here on Thursday in the presence of his
        AFP  -  88 words
      • Article
        Lock icon HP sued by Cornell over patent
        85 6 Bloomberg [SYRACUSE, New York] Hewlett-Packard Co was accused in a lawsuit by Cornell University of infringing a patent for data processing equipment. HP is wrongly using technology covered by Cornell's 1969 patent for a high-performance system of directing computerised information, the university alleges. "The
        Bloomberg  -  85 words
      • Article
        Lock icon Aussie trade balance slips to deficit
        50 6 Bloomberg [SYDNEY] Australia's trade balance unexpectedly turned to deficit in November, ending the longest run of surpluses in 28 years. The trade deficit in November was As22l million (Ss2lo million), the Australian Bureau of Statistics said. Economists expected a A 9275 million surplus. Bloomberg
        Bloomberg  -  50 words
      • Article
        Lock icon United Airlines to close 5 offices
        92 6 Bloomberg [CHICAGO] UAL Corp's United Airlines said it will close five US reservations offices and lay off 899 employees because of fewer flights and lower sales after the Sept 11 attacks and a "soft" US economy. Four of the offices to be closed effective
        Bloomberg  -  92 words
      • Article
        Lock icon Star hits 11-month high in Europe
        52 6 Reuters [LONDON] Silver prices jumped to 11-month highs in Europe yesterday, supported by tight forwards, and dealers said they saw the metal advancing towards key resistance at U554.74 an ounce in the near term Spot prices jumped briefly to US$4.7O/4.71, levels last seen in
        Reuters  -  52 words
    • Article
      Lock icon Saint Laurent's media call sparks talk of retirement
      193 6 Reuters [PARIS] The famously reclusive French fashion designer Yves Saint Laurent has called a news conference for Monday, fuelling speculation he may be about to retire. The 65-year-old designer, who created some of the most memorable looks of the 20th century, sent
      Reuters  -  193 words
    • Article, Illustration
      Lock icon Argentina plans dud exchange rate system
      585 6 It proposes to convert US dollar debts into pesos at current exchange rate AFP. Reuters [BUENOS AIRES] The new government of Argentina yesterday was fine-tuning a complex economic recovery plan including a dual currency system to follow a likely painful devaluation in a bid
      AFP.; Reuters; AP  -  585 words
    • Article
      Lock icon HSBC faces US$4.9b in write-offs
      375 6 Reuters [HONG KONG] Shareholders in financial giant HSBC Holdings are bracing for up to US$4.9 billion in writeoffs after Argentina formally defaulted on its foreign debt, but analysts yesterday debated whether the risk is fully priced into Hong Kong's biggest stock. The key question is
      Reuters  -  375 words
    • Article
      Lock icon Koizumi pledges to prevent financial crisis
      364 6 Govt to lake bold, flexible steps to dissolve bad loans Reuters [TOKYO] Japanese Prime Minister Junichiro Koizumi said yesterday that his government would take all possible steps to ensure that Japan did not fall into a financial crisis. "The government is prepared to take
      Reuters  -  364 words
    • Article, Illustration
      Lock icon Chip firms' shares up after JP Morgan's "buy Intel' advice
      534 7 Toshiba Corp, NEC Corp and Mitsubishi Electric were among those that soared Bloomberg TOSHIBA Corp and other chip-related companies' shares surged after J P Morgan Securities Inc on Thursday advised clients to buy shares of Intel Corp. The shares of
      Bloomberg; AFP  -  534 words
    • Article
      Lock icon Goldman, Lehman raise nearly US$4b
      261 7 Reuters TWO of Wall Street's biggest investment banks raised U553.75 billion from bond sales on Thursday in what analysts called a bid to lock in low borrowing costs before a recovering US economy sends rates higher. Goldman Sachs Group raised U512.75 billion in the year's
      Reuters  -  261 words
    • Article
      Lock icon FBI now says Windows' free fix is adequate
      387 7 Users wara told earifer to go beyond ■at. -11. nr ifiicrosovrt reconMnenliliom AP THE FBI has reversed its advice for computer users trying to protect themselves against serious flaws in the latest version of Windows: applying the free fix from Microsoft Corp
      AP  -  387 words
    • Article, Illustration
      Lock icon The dotcom is dead! Long live the dotcom!
      1020 7  -  VALLEY VIEW jennifer lien [SILICON VALLEY] IF you have any doubts about the legacy of the dotcom boom, allow me to recount a typical day. It's a weekday shortly after Christmas, and as I finish my morning diet of some newspapers and
      1,020 words
    • Article, Illustration
      Lock icon Enron to cede pipeline to Dynegy
      406 8 But it will pursue its USslob lawsuit against Dynegy Bloomberg [HOUSTON] Enron Corp agreed to give up control of its largest pipeline asset to Dynegy Inc, while pursuing its US$lO billion lawsuit against the rival energy trader. Dynegy will take control of Enron's Northern
      Bloomberg; REUTERS  -  406 words
    • Article
      Lock icon Lend Lease to oversee huge WTC clean-up
      223 8 Bloomberg [SYDNEY] Lend Lease Corp, Australia's largest property developer, said it was hired by New York to oversee the clean up of the World Trade Center site. The contract may be worth US$l billion, according to an Australian Associated Press report. The report
      Bloomberg  -  223 words
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      Lock icon Page 2 Advertisements Column 1
      71 2 SI S ;."<• 1975 our *orld.vidc staff of 2~5 multi-disciplined professionals 1 V V| i t kidmq lawyers chartered accountants i AW (bartered secretaries and bankers have W A provided confidential and ;ost effective company formation in all the major io* >!% '■">* areas includinu »v f v#w"-ri *>?#r ***.<-.»
      71 words
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  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2777 6 UNIT TRUSTS FUNDS OMond Spore A/t 1.19V CitiBond S'pore B/S 1221/ Gt> Money Smg Dollar Class B 1.035* AM Aura Aaaat Mgt (S'pore) Ot> ParvEuropo Equity Fund 112/ Star Europe Eqty!* 0.857/ CitiSetect Am Tilt Balanced 12» Star Europe Bd 100® QtiSetect Asa THt Growth 124/ Star Europe Bal 0.92/
    2,777 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      350 7 IN THE MATTES OP THE COMPANIES ACT, CAP.» AND IN THE MATTES OP YEE CHEONG HOLDINGS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Al an Extraordinary General meeting of the members of the abovenamed Company duly convened and held al 103 Eunos Avenue 3 Eunos Industrial Esute Singapore *****6 held on
      350 words
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      Lock icon Page 7 Advertisements Column 2
      597 7 M THE MATTER OF THE COMPAMES ACT (CHAPTER SO) AND M THE MATTER OF UNTTEX COMMERCIAL (PTE) LTD (In Member* Voluntary Uqutdatton) Al an Exfraordnary Ganarai Meeting of Via atxxrenamed Company duly convened and bald at 101-A Upper Craa* Steal #11-22 People's Part Centra Singapore *****6 on Friday, the Z7lh
      597 words
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      Lock icon Page 7 Advertisements Column 3
      644 7 0< THE MATTER OF THE COMPAMES ACT (CHAPTER SO) AND ■I THE MATTER OF YEMAN IMPORT A EXPORT PTE LTD (In Memberi' Voluntary LiquidMton) Al an Extaordnary Ganarai MaaOng d Vie abovenamed Company (My convened and hald at 101-A Upper Croaa Street #11-22 People* Part Carta, Singapore *****6 on Friday.
      644 words
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      Lock icon Page 7 Advertisements Column 4
      633 7 In lb* MaWar of Th* Contpania* Ad, Cap. SO And In th* Mo*w of TAT MOAT ENGINEERING Fit LTD. STATUTORY DECLARATION IT DIRECTORS Of COMPANY'S INARIUTY TO CONTINUE bUSINESS IT REASON Of ITS UAMUTIES I. HO CHAN VOON of 101 Empreu Rood Singopor* *****7, NRIC No. *****6U1. mok* odh and
      633 words
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  • Article
    Lock icon SGX MAINBOARD
    6136 8 Transaction date: Jan 4 for live prices, log on to uww.asiaonemarkets£om U4M Lact Vol Day Lact Quote CfDte Mv OVM MM MCaa WtAvf NN» u» C—p—y S* W- ("W8t U» lnyr Mhr Cur P« <■> Price 9 6 A8NAmroNLG 56c 9 3.4 138 395 15 c ACE Dynamks20c
    6,136 words
  • Article
    Lock icon SGX XTRANET
    53 8 0n #rt*r n> CrVM MM MCa WUte, W» U» riMUl S«*« w- rww I—> l— >■»» Mir Cw lit |J Uto 11J40 filO s Diamorak US9900cd 6M0 »X s ISOJUSTach USS800 .340 0 5800 5800 SS5 440 (SMSO Sport US480 450 12W0 *70 s ISSAKOO U5115C0 UtSO 9950
    53 words
  • Article
    Lock icon SGX SESDAQ
    1576 8 |**TL U*qw»» fcOhf H* OfVM Nat MC* Wttafl "f 1 C'fl M» W- ri La» Mhr Cw m $3 wg J! 5,0 1# ,7S s <0.5 12cAPO»ISc 19 *0.5 418 19 18 18.5 19 43 1fc7 IS 168 275 C AS Auto 10c SO *2 2200 50.5 485
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  • Article
    Lock icon CLOB INTERNATIONAL
    392 8 U* JW Day LMOmU fifMv Ota CrtW MM MCa I—r ClM»W| IM» W- HI iw 9»yr M» Cw W1 >3 1K> «0 4VJcmmgiA25cA >3 80 40 34 12 4.8 1784 Cjthjy Pac 20c HK. 720 265 2 1 7.4 6 ***** i Oieung KongSOc HK. 1780 240 6J
    392 words
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  • week in review
    • Article, Illustration
      Lock icon Top stories this week
      966 9 For the full stories, visit http://business-times.asial.com.sg S'pore economy shrank 22% in 2001: PH Jan 1 THE recession-hit Singapore economy shrank 2.2 per cent in 2001, after tumbling 7 per cent in the final quarter but this was slightly better than the government's forecast. And the outlook
      FILE PHOTO  -  966 words
    • Article
      Lock icon What we said
      292 9 EDnORUL Jan 1 For equities, a better year ahead? HOPES are high that 2002 will be a good year for equities, but it may pay to be prudent The worries over earnings and the resilience of the US consumer, rising oil prices, a meltdown in Japan on
      292 words
  • Article
    Lock icon KLSE
    2261 9 Transaction date: Jan 4 KUALA LUMPUR SE^;: liS 3S 3 m W ram nw 240 0.02 104 FWMMl 1.10 i«»i 456 A* M Realty 094 0.01 54 $•**5 00 Abric 2.14 0.05 754 <*"**» <*£» 1S *Z ACP Industries J.x 017 232 GanadCorp 128 001 26 AdvanmSwwav 366 033
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  • Article
    Lock icon SGX
    706 9 Transaction date: Jan 4 aw Qmm 1 9m Omm CMC 052 UBO «CJXO NMMSDC OM UH *MS5 r»wrt 1M 1500 *0440 OCOC Iti 11.700 <tm Chart SanOCond 20» SJOO <4290 OUt Ml MM *0490 0*0o»90c 244 1500 *0200 tartM*«29< M0 0500 *040S CtmOW T 25c 047 HJ00 *0400 SGX
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  • Article
    Lock icon BONDS & WARRANTS
    643 9 BONDS WARRANTS Laet WCm tar 'hk Cmmm Mi «ar- fWWte Ww %*m*rn mi AST1W*****1 10 1 16 -12 214 29 AcmeUdVMMIIIC 4 inch 212 t SO 440 250 34 AmtekW*****0 31 2 343 1 13 9 1.74 41 Amstrong W040WC 4 I ••MS AfliaFoodPW*****2 0.5 1 166 2279 14.00 6
    643 words
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  • in the money
    • Article
      Lock icon Good reasons to be bullish on Asia
      680 10  -  FUNDS Polls show funds favour N Asia over S-£ Asia with South Korea, Taiwan, HK and China being the prefcnvd countries Vasu Menon The writer is chief editor, finatiQ.com KEEP an eye on Asia. Many global fund managers have turned bullish on the
      680 words
    • Article
      Lock icon F&B stocks stand out in quiet week
      357 10  -  By] Patrick Peck The writer is a vice-president at Paris-based JCF Group IT was a quiet week, and for the first time downgrades equalled upgrades 22 in all. Among the 11 upgrades, four were from the F&B (food and beverage) sector. United Food
      357 words
    • Article, Illustration
      Lock icon Psychological blocks to good investing
      852 10  -  INVESTOR EDUCATION Knowing yourself is the key to success By Joseph Lim The writer is an associate professor. Dept ofFinance and Accounting, National University of Singapore, and a committee member of Securities Investors Association of Singapore. The views expressed in this article are his own.
      FILE PHOTO  -  852 words
  • Article
    Lock icon BT SHARE INFORMATION SERVICE
    1260 10 for iveek beginning Dec 31 Man m am vi IT it IT ri»fii| W M W W AMaanM MOk P ***** 24.1M 21.12 1(40 MMutTWi 13-Oac I 0057 QAM 001 0.12 Mmanfifp 30-Mc» I 1.705 2.741 047 OT2 ASAtjto OUkI 0177 MOI 013 55 '•BBf" ttOac
    1,260 words
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  • what's in style travel
    • Article, Illustration
      Lock icon Something for everyone
      1151 11  -  Dresden, the capital of Saxony, is a walkable and compact town offering the gamut from music and theatre to castles and exquisite porcelain, as SWEE-UN KAEHUG finds out SWEE-LIN KAEHLIG Swee-Lin Kaehlig is a freelance writer LESS than an hour. That's all it takes to reach Dresden
      1,151 words
  • Article, Illustration
    Lock icon FINANCE
    1146 11 Transaction date: Jan 4 Al a fc* hw ffr D« fm 9m M OPtfc Hm ttr «tt MOW< Wt MstraOa 0123 4270 0573 3.71) 1121 4.020 24JM SUM 0174 *.734 1.959 120* ***** 24H3 0252 4.141 0149 *039 22.710 0257 05» CM* 1215 UN 0107 4170 1343 4*5 **********
    1,146 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Lock icon Page 11 Miscellaneous Column 1
      309 11 CRYPTIC CROSSWORD ACROSS 2 FtexiWe from Castile —p p n re —i nj 7-] mm I SSfc^T U^te 3 s2~ceneedsa<*(4) W|| —m~JU L~ JF 10 is found < demand reduction in weapons (7) 10 I l I I 11 Divers geT£4tU< coated 5 Bnsembte J Lj U M M 12
      309 words
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  • what's in style food
    • Article, Illustration
      Lock icon What's cooking?
      1121 12  -  TAN HWEE HWEE finds out what professional cookbooks catch the eye of top chefs here TAN HWEE HWEE COOKBOOKS have never been hotter. With the economy going from the firing pan into the fire, Publishers Weekly reports that people are staying away from the restaurants and D-I-Y-ing it
      1,121 words
    • Article
      Lock icon Other hot flavours
      275 12 Jamie Oliver's Happy Days with the Naked Chef (Michael Joseph, $53.93 at Kinokuniya) If you're looking for new funky recipes served with chirpy London cheer, you can't go wrong with this. Oliver adds zest to any kitchen with his killer pancakes, comfort grub and sexy salads. Delia
      275 words
    • Article, Illustration
      Lock icon Tried and tested
      578 12 Jaime Ee and Cheah Ui-Hooutvy out the recipes from the latest cookbooks and rate them on a few counts Tlm disk Cheah Ui-Hoon tested the chocolate-lime cheesecake recipe from Nigella Bites, by Nigella Lawson. "I ended up at Cold Storage on a wee knight looking for Double
      578 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      386 12 wine&dine withweekendßT CaftD'Anlgo feaM Plaza Hotel from weekday set lunch menu at only $22.80. #02-38 Specialist Shopping Centre. TeL *****38 10Coleman Street. TeL *****67 333 Orchard Road. Tel: *****11 Well known for its value-for-money French-inspired Tango to the sunny flavours of Spanish cuisine at St -gßine on the famous Hainanese
      386 words
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  • what's in style art
    • Article, Illustration
      Lock icon New home, new beginning
      927 13  -  For Plastique Kinetic Worms, having a space at No 61 Kerbau Road paves the way for more arts initiatives and programmes. PARVATHINAYAR learns about its plans PARVATHI NAYAR IT'S a colourful walk down Kerbau Road, past statues of the elephantheaded Ganesha, bales of coloured cloth, the
      PHOTOS BY CHRIS LOH  -  927 words
  • Article
    Lock icon STOCKS ASIA
    4463 13 i Transaction date: Jan 4, for more, go to wuwxisicuniermuirketsjtxmi HONG KONG KGMI 039 0.01 COOM M mterdma Hldgs 337 -0.02 2530 MO *h tm imarlmni Ceramics 0.02 inch ***** Intl Bank of Asia 132 001 1158 ActobAsu Multimedia 033 unch 0 Utegent Group .0.16 -031 650 Alpha
    4,463 words
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  • what's in style collections
    • Article, Illustration
      Lock icon Tradition with a twist
      606 14 Ketantin boy Zang Toi scores a couture coup by making something old, something new. By DIANA 00N ABDULLAH in Kuaia Lumpur IT might have not as been as posh as a debut in New York's Fashion Week, but Malaysian designer Zang Toi's delayed Spring 2002 fashion
      606 words
    • Article, Illustration
      Lock icon taking it to the max
      1412 14  -  bizw o m a n One name has been synonymous with Italian label MaxMara in Singapore and Malaysia, and for building the brand into a recession-proof business. CAT ONG meets May Kong. CAT ONG IT certainly has been a blue Christmas for many a fashion
      CHRIS LOH  -  1,412 words
    • the next big thing
      • Article, Illustration
        Lock icon Blackbeny RIM Wireless Handheld
        204 15  -  OK, so the New Year's begun and all you've got to look forward to is an Inbox that's flooded with email If you're finding the prospect of another 365 days of work daunting, here's just the list to cheer you up. Every year, the tech geniuses
        204 words
      • Article, Illustration
        Lock icon Bluetooth-enabled gadgets
        176 15 Bluetooth is a revolutionary technology that enables devices to communicate with each other wirelessly. Bluetooth-enabled devices include the Compaq iPaq and the Sony Ericsson T6B handphone, which means you can beam addresses and play virtual tennis with a friend without having to hook up to his gadget. Since
        176 words
      • Article, Illustration
        Lock icon Microsoft Tablet PC
        49 15 Expected to ship in 2002, Microsoft's Tablet PC is a groundbreaking product which fuses the PDA with the laptop. The Tablet promises to deliver a sophisticated handwriting recognition program that enables you to use a stylus to write directly onto your computer screen. Estimated price US$2,OOO.
        49 words
      • Article, Illustration
        Lock icon Sony Net MD verms Apple iPod
        162 15 Those of the Nick Hornby persuasion will identify with a life wasted on making music compilations, hours and hours sitting by the machine, waiting for the love songs to finish recording. Now music fans can finally go out there and get a real love
        162 words
      • Article, Illustration
        Lock icon Handspring Treo 180G
        95 15 One of the most highly anticipated gadgets of 2002 is sure to be from the Palm-licensee Handspring. The Treo promises to combine a mobile phone, a PDA with always-on Internet connection with a keyboard, all in one device. Estimated price US$599. For those who can't wait until
        95 words
      • Article, Illustration
        Lock icon mvCTOSOfI ADOX
        106 15 Launched in the US in November last year, the Xbox (US$299) is part of Microsoft's devious plan to take over your living room. The sleek black box is a video game machine that's meant to compete with Sony and Nintendo, but it also does much more. Not only
        106 words
    • IN STORE
      • Article, Illustration
        Lock icon Club wear
        133 15 Our top picks of what's on the shelves DONT be surprised if you see bright and bold colours bursting forth on local golf courses this year. In its new collection for 2002, Pearly Gates—the Hong Kong-based golf wear brand that is popular in Japan is prominently featuring passionate
        133 words
      • Article, Illustration
        Lock icon Watch this
        169 15  -  Compiled by I CORINNE KERK FOR those into watches and awards, GirardPerregaux's Vintage 1945 Large Date (right) has recently been named Watch of the Year 2001 by Switzerland's Montres Passion magazine. The Swiss watch is fitted with a Manu-factory-made automatic mechanical movement and boasts a large date at
        169 words
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