The Business Times, 23 March 2002
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2002-03-23
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The Business Times
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542 2002-03-23 1 Loh Hui Yin - Inter-agency study group has been meeting to hammer out a strategy By\ Loh Hui Yin [SINGAPORE] A high-level government study group that draws on the resources of several key agencies is out to woo regional companies and get them542 words
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Article, Illustration956 2002-03-23 1 Syed Mokhtar —the Malaysian businessman to watch NEWS MAKER The tycoon who snared Maeirt from PSA it one of a new breed of bumiputras who are movers of markets and industries, says Diana Oon Abdullah from Kuala Lumpur Businessman syed Mokhtar Al-Bukhary used to be low-profile. But he's burst onto956 words
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Article, Illustration1066 2002-03-23 1 karim raslan - Try as ft might, rt will never be a great global city. And there are three issues in Its relations wtth Malaysia that Singapore cannot afford to fenore. karim raslan MALAYSIA-SINGAPORE bilateral relations are among the most ridiculous in the Asia-Pacific. Since I'm neither1,066 words
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637 2002-03-23 1 Christopher Tan, Eddie Toh - EXCLUSIVE Analysts say getting BMW wiN be another coup for Malaysia By Christopher Tan, Eddie Toh in Kuala Lumpur GERMAN car maker BMW AG yesterday played down its plans to set up a regional headquarters in Malaysia announced the day before637 words
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Page 1 Advertisements
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Advertisement11 2002-03-23 1 WHAT'S IN STYLE The craft of designing lights. J PAGE 1611 words
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Advertisement11 2002-03-23 1 proprietary clubs .V What can aggrieved members do. ■■■■■■I PAGE 911 words
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Advertisement13 2002-03-23 1 IN THE MONEY How to pick a good housing loan package. MAE 1013 words
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Advertisement14 2002-03-23 1 IHH B ii BB7lBI t 3000(K 11 B Saab 9-5 Aero: It's dynamite. Mil14 words
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in the news
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Article, Illustration603 2002-03-23 2 ven sreenivasan - MARKET REVIEW ven sreenivasan THE Singapore stock market was rangebound yesterday, closing the trading week on a featureless note as investors kept to the sidelines in the absence of fresh leads. And the latest US economic numbers did not cause much of a603 words
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Article75 2002-03-23 2 Dsn 1,800.20 (+6.33) □bt-sri 745.35 (+1.59) ST INDEX FUTURES I*Boo.oo (uncb) SIMSCI FUTURES 227.70 (+0.50) Friday Change KLSECOMP 752.63 -3.59 NIKKEI 225 —11,345.08 -181.70 HANG SENG 10.863.07 +33.34 SET INDEX 389.31 +2.98 JAKARTA COMP _484.73 +4.09 MANILA COMP .1,417.75 +228 TAIPEI WPI 6.140.42 +9330 SEOUL COMP ***** +1054 SHENZHEN75 words
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Article71 2002-03-23 2 FOREX RATES US* M l'S$ (S$ per US$) 1.829 £(US$/S$ per S) 1.427 2-610 ElIRO(l!S$/S$/E). 0.881 1.611 DM 1216 1211 YEN 132.3 72.30 RM 3.800 2.077 HK$ 7.800 4163 BAHT 4356 23.70 RI'PIAH 9,833 M75 PRIME RATES SINGAPORE* 556 KUALA LUMPUR 6 40 HONGKONG 5125 JAKARTA 39.00 TAIPEI 672571 words
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Article, Illustration657 2002-03-23 2 Chuang Peck Ming - Ifd be the easiest market in Asia for US firm to operate in: Frank Lavin Byi Chuang Peck Ming [SINGAPORE] A free trade pact with the US could create 50,000 new jobs in Singapore and boost its exports by atFILE PHOTO - 657 words
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610 2002-03-23 2 Adeline Chia - Music publishers and others cite alleged infringements on tunes and logos By Adeline Chia [SINGAPORE] The mobile ringtone and logo companies are caught in a legal wrangle over royalty payments and other copyrights issues. The Music Publishers Society of Singapore (MPS), which is610 words
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422 2002-03-23 3 Kalpana Rashiwala - By Kalpana Rashiwala ROBERT Kuok's Allgreen Properties yesterday posted a 20.7 per cent drop net profit to $73 million due chiefly to weaker development profit. However, it expects to achieve better results in the current year on improving market prospects.422 words
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480 2002-03-23 3 Loh Hui Yin - It can become partner, landlord or venture investor, given its wide mainland networic By Loh Hui Yin AFTER years of low-profile investments in China, Singapore's Wearnes Technology is now ready to fly the flag and help fellow companies which want to invest480 words
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Article, Illustration534 2002-03-23 3 Angela Tan - By Angela Tan VIRGIN Mobile Asia Pte Ltd has captured 0.6 per cent of Singapore's handphone market in just five months and chief executive officer Ross Cormack expects to see its 100,000 th customer within two years of operations. In an interview withGEORGE GASCON/ST - 534 words
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532 2002-03-23 3 Angela Tan - Against—SingTel, Ml, World com; For—Startfnb, Virgin Mobile By, Angela Tan SINGAPORE Telecommunications Ltd (Sing Tel), Mobile One (Ml), and MCI Worldcorn Asia Pte Ltd were among those which opposed the proposed move to a calling party pay (CPP) charge regime for mobile calls after532 words
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IN BRIEF
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Article46 2002-03-23 3 DBS H>ai Danu Bank has announced the appointment ofKhtmg Pong Sarasin as chairman and director of the board. Mr Khung Pong was Thailand's deputy prime minister from 1986t0 1990. He was also chairman of the bank previously, from 1975 to 1990.46 words
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Article91 2002-03-23 3 Reuters MANUFACTURING Integration Technology swung to a net 2001 loss efsll.7o million from a net profit of 10.96 million a year ago. Turnover fell to $2117 million from 147 million Th«> r>nmpnny aaki thj» group's first ever loss incurred was due mainly to a significantReuters - 91 words
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Article63 2002-03-23 3 Reuters UOB-KayHian Holdings said its 2001 net profit fell 68.9 per cent to $16 million on lower turnover as a result of industry liberalisation. It aleo suffered from a decline in trading value and volume. It expects better results for the first half 0f2002 ifbusineasReuters - 63 words
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Article48 2002-03-23 3 Reuters JAOASON Enterprises sank Into a 3001 net km of $3.88 million from a net profit of ISM million previously. Turnover Ml to $82.19 million from $150.28 million. Jadaaon is engaged in equipment and supplies distribution, support services, graphics arts and digital media businesses.—RattenReuters - 48 words
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71 2002-03-23 3 Reuters OAF Ltd's2ool net profit was up 15 per cent to $18J7 million. Turnover roee to $897.48 million from $487.48 million OAF is involved in Hand trading, storage and retail operations and has weilknown brands like Gardenia Foods and Shop N Save Supermarket.Reuters - 71 words
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47 2002-03-23 3 Reuters INTERNATIONAL Factors suffered a net loss in 2001 of $3.82 million compared to a net profit of $2£7 million a year ago. Gross operating income fell to 222.82 million from $28.66mi11i0n. International FactoTBiBinvolvedinaBsetflnancingoperatkxis.lt expects to be profitable in the current year.—ReutersReuters - 47 words
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74 2002-03-23 3 THE Economic Development Board (EDB). Agency for Science, Technology* Research and Hannover Fairs Asia Pte Ltd will organise BioMedlcal Asia 2002 to be held during October 2MO this year. This is the second time Bio Medical Asia is held locally and the first time an74 words
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519 2002-03-23 4 Industrial output AFX FEBRUARY industrial output is expected to fall 13-20 per cent year-on-year, with the 4.7 per cent rebound in January output unlikely to be repeated due to the reduced number of working days in the month as a resultAFX - 519 words
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Article, Illustration621 2002-03-23 4 Andrea Tan, Tang Weng Fai - 30 übcontractor ctahn unH KL-listed group behind on payments for worit done on Singapore schools By Andrea Tan, Tang Weng Fai THIRTY subcontractors are up in arms over Malaysia's Sunway Juarasama, which they alleged have not paid for at least $10 million in works done onCHRIS LOW - 621 words
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216 2002-03-23 4 MALAYSIAN tycoon Quek Leng Chan's Singapore-listed First Capital Corporation (FCC) yesterday said it has entered into an agreement to sell its insurance arm to Canada's Fairfax Financial Holdings for about Sss7 million. The move will give Fairfax an entry into the Singapore216 words
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334 2002-03-23 4 Geraldine Lor - By\ Geraldine Lor SEMICONDUCTOR equipment manufacturer Asti Holdings yesterday posted a net loss of $12.6 million for last year, compared to earnings of $11.9 million the year before. This is the first time in 10 years that it has suffered a loss. Turnover334 words
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Article, Illustration335 2002-03-23 4 PSA manager wins BT/Henley bursary award TAN Wee Meng, a manager at PSA Corp, wanted to do an MBA course to boost his management skills and he got his wish yesterday when he was awarded the Business Times/Henley Management College Bursary Award. All Mr Tan an engineering graduate from theARTHUR LEE - 335 words
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133 2002-03-23 4 Chong Hock Chang - MAIL B A G Chong Hock Chang I REFER to your article "Debt-laden GGet sells Balestier hotel for $35m" by Kalpana Rashiwala (BT, March 20). Your writer made reference to Ho Bee's purchase of the former Great Eastern Hotel (now known as133 words
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527 2002-03-23 5 Utama gains asinvestors see K as big beneficiary, vaulting into No 3 position in MMaysia Bloomberg [KUALA LUMPUR] RHB Capital Bhd shares tumbled yesterday, posting their biggest fall in 18 months as investors reacted to the imminent departure of founder AbdulBloomberg - 527 words
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Article, Illustration591 2002-03-23 5 M'sia, S Korea, S'pore, Taiwan may get the biggest boost Reuters [SINGAPORE] Trade, Asia's economic engine, will once again pull the region up by its bootstraps this year as appetite for exports recovers along with the US economy, according to a region-wide ReutersReuters - 591 words
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Article, Illustration257 2002-03-23 5 Dow Jones Newswires [KUALA LUMPUR] Embattled businessman Tajudin Ramli has sought an injunction in the Malaysian High Court to prevent the country's debt-management company, Pengurusan Danaharta Nasional, from selling shares of his listed flag, ship company Technology Resources Industries. Danaharta yesterdayDow Jones Newswires - 257 words
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275 2002-03-23 5 Reuters [JAKARTA] An Indonesian court yesterday handed down a rare life sentence for graft, to a fugitive banker charged with causing nearly US$2OO million in losses to the state over emergency loans injected into his bank. Hendra Rahardja, former chief of theReuters - 275 words
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NOTE BOOK
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Article80 2002-03-23 5 Bloomberg [HONG KONG] Pacific Century Insurance Holdings Ltd said it reached a preliminary agreement to sell its pension business toHSBC Life International Ltd, a unit of HSBC Holdings Pic. Pacific Century Insurance has 19,200 MPF members or 0.9 per cent of the 2.04 million employed populationBloomberg - 80 words
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Article71 2002-03-23 5 AFX [HONG KONG] Pacific Century CyberWorks Ltd is to cut 1,400 staff before Easter, the Hong Kong Economic Ttmes reported, citing the company's staff organisation chairman C M Cheng. Mr Cheng said the company still plans to cut staff even after turning profitable in 2001.AFX - 71 words
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Article43 2002-03-23 5 AFX [MANILA! The Securities ami Rrrhup to prepared to take over the Philippine Stock Exchange if the courts restrain eight non-broker directors from assuming their posts in the IS-member PSE board, SEC chairwoman Lilia Bautista said. AFXAFX - 43 words
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58 2002-03-23 5 Bloomberg [SHANGHAI] China Merchants Bank Co plans to raise as much as 11 billion yuan (512.4 billion) from China's second-largest domestic share sale, said the issue's manager. The bank priced its 1.5 billion shares at between 6.68 yuan and 7.30 yuan, according to ChinaBloomberg - 58 words
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58 2002-03-23 5 Bloomberg [NEW DELHI] India's government will review a decision to give companies more freedom to fire v workers, suggesting that it may also backtrack on other measures designed to cut red tape and unleash economic growth. Labour Minister Bh«iy| Yftria v said theBloomberg - 58 words
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181 2002-03-23 5 AFP [JAKARTA] An Indonesian minister has hinted that the government wants the central bank governor to resign after he was sentenced to three years in prison for corruption last week, a report yesterday said. The government maintains that the top leadership of Bank IndonesiaAFP - 181 words
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329 2002-03-23 5 Contract too small, traders say; hedging tedious and costly Reuters [KUALA LUMPUR] Malaysia's Derivatives Exchange (MDEX) is set to launch a bond futures contract next week that is a quarter of the size of its US counterpart. But traders are alreadyReuters - 329 words
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520 2002-03-23 6 Record loseee force top management to take reductions ranging from 35% to 61% Bloomberg [FRANKFURT] DaimlerChrysler AG, the No 5 car maker, and Alcatel SA, Europe's largest maker of telecommunications equipment, slashed the pay of top executives as the two companies had record losses.Bloomberg - 520 words
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254 2002-03-23 6 But Howe panel sceptical about accounting method Reuters [WASHINGTON] Bankrupt communications provider Global Crossing Ltd and other industry players on Thursday defended accounting practices that have been criticised as deceptive, but a panel of lawmakers probing corporate collapses beyond Enron were mostly sceptical. ExecutivesReuters - 254 words
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238 2002-03-23 6 LAT-WP [WASHINGTON] Enron Corp's vast overseas energy investments were aided by promises of more than US$7 billion in loans and insurance from the European, Asian and worldwide development banks, as well as key US export-support agencies, according to a report scheduled toLAT-WP - 238 words
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Article, Illustration322 2002-03-23 6 ENRON SAGA SEC chief faaits move to baa auditors' consulting services aad proposal to rotate auditors Bloomberg [WASHINGTON] Securities and Exchange Commission chairman Harvey Pitt tried to discourage lawmakers from passing a bill requiring companies to treat stock options as anBloomberg; REUTERS FILE PHOTO - 322 words
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Article467 2002-03-23 6 tt picks up the most ha linen from Anderee* ex-dents Bloomberg, Dow Jones Newswires AFP [NEW YORK] PricewaterhouseCoopers LLP, the biggest accounting firm, has picked up the most business from Arthur Andersen LLP, dropped by clients as investigators probe its work as auditor for EnronBloomberg,; Dow Jones Newswires; AFP - 467 words
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Article149 2002-03-23 6 AFP [SYDNEY] National Australia Bank (NAB) has been hit by an expected AsBoo million (*****.8 million) blowout on a new software system, the Australian Financial Review reported yesterday. The system is meant to provide ftill integration of NAB's global technology operations. CEO Frank Cicutto recentlyAFP - 149 words
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IN BRIEF
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58 2002-03-23 6 Bloomberg [ESSEN, Germany] RWE AG, the world's third biggest water company, agreed to buy Innogy Holdings for £5.2 billion (5H3.5 billion) in cash and assumed debt to become the largest supplier of power and water in the UK. The German utility willBloomberg - 58 words
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Article65 2002-03-23 6 Bloomberg [BOISE, Idaho] Micron Technology said it lost money for a fifth quarter and will keep talking with Hynix Semiconductor about an alliance. Micron had a lose of US$3O.4 million, or 5 cents a share, in the three months ended Feb 28, compared with aBloomberg - 65 words
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65 2002-03-23 6 AFX [WASHINGTON] Hie US Federal Reserve will haw to "shift gears" and move interest rates to a "more neutral stance" as the economy gains momentum, •aid Anthony Santomero, the president of the Philadelphia Federal Reserve. But he cautioned in a speech thatAFX - 65 words
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Article66 2002-03-23 6 Reuters [BERIJN] Germany's Economy Ministry yesterday said economic output In the first three months of 9008 stagnated at the level of the fourth quarter of3ool and indicated that, year>on-year, growth was again negative. "Overall economic activity will not have significantly Increased in the first quarterReuters - 66 words
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67 2002-03-23 6 Reuters [BUENOS AIRES] Argentina's economy shrank i 5 per cent in 2001 compared with 2000, the government said on Thursday, as a marathon recession spiralled out of control due to a virtual cutoff of credit markets. Its gross domestic product shrank 10.7 per centReuters - 67 words
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Article, Illustration460 2002-03-23 7 Anthony Rowley - Move comes after both sign landmark investment liberalisation pact From 4 Anthony Rowley in Tokyo JAPAN and South Korea yesterday signed a mutual investment liberalisation accord while at the same time agreeing to begin gov-ernment-led studies into the possibUity of reaching a comprehensive freeAFP - 460 words
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269 2002-03-23 7 BOJ raises assessment of economy first in 20 months m< Bloomberg JAPAN'S central bank has raked its assessment of the economy for the first tine in 20 months, suggesting policy may not be eased farther as board members say a global rebound has helped slow a yearlong decline in exportsBloomberg - 269 words
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Page 2 Advertisements
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Advertisement80 2002-03-23 2 I III i chartered secretaries and bakers have g f provided confidential and :-st effective JL company formation m an the Tiajor low tax areas including Incotporjtion Fees from USS500 The world's leading Florence Nathan Offshore Company and Tax Tel: (65) 6535 3382 Fax: (65) 653s 3991 Planning yU Specialists80 words
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Page 3 Advertisements
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Advertisement340 2002-03-23 3 This is < •i* r '-'i2®kk Pacific Bay Resort Coffs Harbour, NSW, Australia. There has never been a better time to buy property in Australia as the Australian economy is performing extremely well within the global economic climate. So there are good reasons to look at investing in the diversity340 words
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Page 4 Advertisements
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Advertisement626 2002-03-23 4 VEHICLES The Straits Times Classified. Classifications 302 393. Buy h. Sdi h. Fkid h. Mil/iMrti ltd r IN THE MATTER Of THE COMPANIES ACT (CAP. SO) HORIZON TECHNOLOGIES HOLDINGS PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Mntmg of HORIZON TECHNOLOGIES HOLDINGS PTE LTD K»id of 970 Tea Payoh626 words
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Advertisement176 2002-03-23 4 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF KEN-AIR TOURS PTE LTD NOTICE IS HEREBY GIVEN THAT pursuant to Section 290(2){b) of the Companies Act, the following SPECIAL RESOLUTION WAS DULY passed at on Extraordinary General Meeting of the members of the above Company,176 words
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Advertisement25 2002-03-23 4 corrigendum ASIATRAVEL.COM HOLDINGS LTD NOTICF. OF extraordinary GENFRAI MPFTINff The date of the notice should read as 22 March 2002 instead of 28 March 2002.25 words
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Advertisement65 2002-03-23 4 We welcome letter*. E-meM ue at or fax ue at 6319*9277, or write to: Theßuakteat Tlmee, SPNHQ, 1000 Toe Payoh North, PotMumLevelS, Slng^ore *****4. We need your fut name, aJtfc mj and telephone number, to mt can verify It oeme Hum vou. 1 Pleaae urn temperate languao*. and boar In65 words
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Page 5 Advertisements
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Advertisement459 2002-03-23 5 ALLGREEN PROPERTIES LIMITED |toco»pora«ed In the Repubtc of Singapore) 2001 -www> 2001 1 AUOfTH) RESULTS FOt THE YEAI ENOED 31 DEGMEI 2001 sfOOO STOOO *000 TUnKmT 332.428 399.494 29.501 29.793 (>P«TBmg profit before interest, taxation, depredation, amortisation and exceptional Hem *****1 162,130 38,40$ 23,493 I******?*** (20,205) (19,431) (6.021) (4JDZ7) Dlfll459 words
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Article, Illustration759 2002-03-23 6 Transaction date: Mar 22 w m mtnm m <2 <* SJ2*dS "•«■>» uiiimk in tm umumam un %m SP J2S S2w H2 u» MNMI LMSJMS2JM US 7JS LMZ Z2L204 27.4ft 0444 MM 2™ 0J MS un IM UN tin MR 0274 riB UK UH UN <211 1229 MM OJB759 words
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Article3178 2002-03-23 7 Transaction date: Mar 22 for Hve prices, log on to wwwxxs\aofnemarketsjco ~rr a A .Tu.aya.-i a"? 9 AMiAmraMLGSk u m 1 S ,S 3 J S 3 u a Isistel 5?22a-""«t s Aberdeen lOp UK150 272.1 09 111 71 j» J! "i 5 ?2 2341 21 20-5 2033,178 words
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Article31 2002-03-23 7 a ■P»bbl'S g'a'a I1M BKiOiHanA USMOO MB MX i 5 (XI US T«dl USSOOO SIS «01 ISMSOSport US575 i»misw» us 11 mo tnso «so t shms us ratio nsoo31 words
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Article1042 2002-03-23 7 ■STL «f. ML Mr MM HteMtaa T r— 1 M> Cw w« >■* >B Si H 1 115 -M 256 Hi 113 II 115 5 It 11 17 m «9 H-M <4S 214 211 21 21 22 S 111 1 > q I a A »c c ££L~1,042 words
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Article162 2002-03-23 7 J5" fcOhr Mr CrTM Hat MCa U '"U1 W- m+ 1— Wmgm Mhr Or gg >3 ♦'■S 15 M S7 90 40 34 1U 5-2 1 n 720 as 11 74 *****2 a m 17,0 240 63 S.7 J *****.5 63 C Oly. SofciOon.UMK, 55 .35 200 55162 words
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motoring
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Article, Illustration730 2002-03-23 8 CHRISTOPHER TAN - CHRISTOPHER TAN cuts through traffic like butter in a Saab 250 hp 9-5 Aero, and lives to file this tale CHRISTOPHER TAN FOR a people that gave the world dynamite, the Swedes are a painfully cautious people. Which explains the safety psyche at Volvo, and then Saab. The duo have730 words
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Article388 2002-03-23 8 CHRISTOPHER TAN - All reports by CHRISTOPHER TAN AUTO entrepreneur Karsono Kwee's Trans Eurokars has expanded to include a $7.5 million dedicated Saab showroom in Leng Kee Road. The property, which the private company bought from the previous owners of Volvo agent S M Motors two years ago,388 words
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Article, Illustration161 2002-03-23 8 SAAB S9X was voted Best Concept Car in the 2002 European Automotive Design Awards. The announcement was made at the just concluded Geneva Motor Show. First seen at last year's Frankfort Motor Show, the innovative 9X has earned praise for combining features usually associated with161 words
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BRAVE NEW WHIRL
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Article85 2002-03-23 8 MOTOR TRADERS have raised prices of Cat A cars (up to l,600cc) by at least $1,000. This came right after the Land Transport Authority released a smaller-than-expected supply of COEs for the new quota year on Thursday. The increase is on top of85 words
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Article, Illustration72 2002-03-23 8 VOLKSWAGEN'S highly-tuned Passat ABT is here. The turbocharged car produces 180 horsepower and more than 260 newton-metre of torque from 3,240rpm while remaining smooth and refined. The improved performance is achieved with an ABT-programmed ECU chip, an ABT air-filter and exhaust muffler. The car also has72 words
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Article140 2002-03-23 8 THE car as your e-purse. This concept is being pursued earnestly by Toyota Motor, according to AFP. The No 1 Japanese car-maker is in talks with Mitsubishi Corp, IBM Japan and three other firms on how to provide a wireless payment system for fuel and other140 words
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Article, Illustration119 2002-03-23 8 MG SPORT Racing has revealed a new collaborative initiative to run an independent team in this year's British Touring Car Championship using the 2001 MG ZS that made a successful debut at last year's race. The newly formed Team Atomic Kitten brings together the worldREUTERS - 119 words
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Article71 2002-03-23 8 FORD plans to build "tens of thousands" of hybrid Escapes, according to Prabhakar Patil, chief engineer for the Ford Escape Hybrid. The petrol-electric Escape sport-utility vehicle will be introduced next year. Ford also issued a positive statement following up J D Power's latest consumer survey pointing71 words
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Article91 2002-03-23 8 AMERICAN Honda Motor has bought an 18.4 per cent stake in Mobility Inc, a private company that operates car-sharing schemes under the Flexcar name in several US metropolitan areas. Flexcar serves more than 4,000 members in Washington DC, Seattle and Portland. Honda has been involved91 words
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Article111 2002-03-23 8 THE Singapore Motor Sports Association's SuperSprints are here again, sponsored this time by Shell V-Power and Yokohama Tyres. This Sunday, Round l kicks off at Kallang Car Park F, 9am, with some of Singapore's fastest cars and drivers. Terence Soh, last year's champ, will drive a new111 words
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in focus
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Article, Illustration1510 2002-03-23 9 CONRAD RAJ - The sooner the authorities impose controls on such clubs, the better it is for affected members, says conmd raj CONRAD RAJ SINGAPORE'S proprietary clubs have been making the news for all the wrong reasons. One by one, they have landed in trouble in one formPhotos: ARTHUR LEE - 1,510 words
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in the money
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1062 2002-03-23 10 Siow Li Sen - it depends m two toy factor*: the lock-in period, and the penalty if the lom b terminated By I Siow Li Sen ABN Amro Bank last week took the home loan market by surprise. Its rivals have now branded its offer, which includes1,062 words
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Article77 2002-03-23 10 HmTeteo!!?*** B H I 1*50 Plficway Hoidbigs H, H MR, S I 2^3 PMpto** Food 0, B H. O 1.40 B.B O, MB 1.17 Unttsd Food KMqs b!b! O, NR 1.2 Manufacturing B S J Cereboe Pacific H 2.10 H, H.H.S, S aaaj J5 O Bj 1.57 ttoigfcxvUnd U,H,S77 words
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227 2002-03-23 10 Patrick Peck - By Patrick Peck The author is a vice-president at Paris-based JCF Group AS we get into the thick of the results season this week, analysts have not been sitting on their hands. They recommended 62 changes 35 downgrades and 27 upgrades. The China theme continued227 words
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Article, Illustration465 2002-03-23 10 teh hooi ling - SHOW ME THE MONEY take a realistic look at your circumstances and develop a proper investment plan teh hooi ling IT IS sad to read about retired people plonking down their withdrawn Central Provident Fund savings on China properties or Malaysian Clob shares and then465 words
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Article, Illustration93 2002-03-23 11 Pr *10 tK)flFIO0« pfOpQfty MTq tfWpOrt MOlOfl' pmfcio ||j wwflWMfrio ttn QLOSIAIVY partorawM*: Th» ratom of tf* atocMndai fnm ourant fcvai compared to ll^t>M>toW<onJMtaOOg.«Viil^DMW^bt>w<nourwoo WW >.ii>todwU<o>« P*rto^itook>nth»pof^v W »t»iwtßh»g o «ttwtoDCfcln)h»BTl.«rn W «< < |ht:Th> TrffrliftTTßirMllßllMMll Th«pMMntoQ»w«igMnp of Swatocfc In t»DBBV portfolio by nilili.ll m ,i i BUBSource: Bloomberg - 93 words
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Article1210 2002-03-23 11 Teh Hooi Ling - But People's Food and UniFood have adopted different growth strategies w Teh Hooi Ling IN a year when most companies are struggling with plunging profits, a few companies stood out with spectacular earnings growth of more than 40 per cent. Among them are People's Food1,210 words
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Article, Illustration733 2002-03-23 11 lee han shih - _C A V E A T EMPTOR The damage from KepCorp's disclosure lapse goes beyond just a bad deal lee han shih ri EE LING from an avalanche of criticism of its US$BO milI lion interest-free loan to the -1- V Friedman733 words
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Article93 2002-03-23 11 Events for the coming week F*bwuyMMtmoufr*d*»out 11.00 am: Euraptonic Group launch* IPO at Raflta HoW 2Jopm: Tong Mang holds AGM at Esplanade Room 1, Carton Hotel 11.00**: KsppaiTm EQM at The Oriental Singapore (LsubH) 400pm: NOL'tihl year results out •40am: Inno-Pac* EGM at 70 Sherton Way, #03-02 Marina93 words
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Article2135 2002-03-23 10 UNIT TRUSTS FUNDS cwjapan oj7 OtHond S'pore A/1 1202/ OtiBond S'pore B/J 122* y <— AbbM *l|> (5>a>B> CM Moray Sing Dollar Oast Ijom Star Europe Eqtyl* 030* dti Pan-Europe Equity Fund I V Star Etanpe Bd 0 9Cr GtiSatoct Am TM Mancad i.* Star Europe Bal 0.8* OtlSelect Ma2,135 words
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Article122 2002-03-23 11 I for week beginning Mar 18 pSF sssvsss Hr ii"Ml s§§11 •2M*55»Bt#p- mm WS £C SSf !SiN3rsrE: si!«Cf II gg-if SBi -gas? rs gasfcga; SX— ft assess; 3£™.» IP is 8§ n **sstSa? i B *tt IE I H !S£ £2S *22 I UOt IU mSr S«a7122 words
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week in review
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Article, Illustration1157 2002-03-23 12 For the full stories, visit http://business-times.asial.com.sg MAS ipaves way for more vibrant markets March 20 IN its most significant relaxation of the rules so far, the Monetary Authority of Singapore on Tuesday practically lifted all impediments to the development of Singapore's capital markets by further easingCHRIS LOH - 1,157 words
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Article287 2002-03-23 12 Editorial March 21 The end of rate cuts by the Fed As expected, the US Federal Reserve left interest rates unchanged at its recent meeting but left little doubt that its 15-month rate-cutting cycle is over. With the US economy returning to normal, it's expected to raise287 words
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Article1930 2002-03-23 12 Transaction date: Mar 22 B KUALA LUMPUR f«r»iiwt ist mti 4 M gy-r— r- -232 -045 21 881 mm PMInAMlim 041 0.06 16 Gadanq 111 -041 5 AOMReatty 1.12 -002 288 Gamu* 340 unch 3005 131 O03 M 140 -001 16 A&bvfattrlas 120 inch 206 G"«T«h_ 1.26 inti 51,930 words
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Article403 2002-03-23 12 Transaction date: Mar 22 issrlIPlr- lf» Sh-. g js 1 p a g g PHllfe* III THRU If CM! VAUCrmi rr— "i Sfi SSt mm ntjti imp ihm 522 77T> mtM «J<*» <UN TpMurtM AM "f?* rim MM "rr» 3S *m am am ?"*"f «MW H« 7*M1 Villi UH403 words
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Article572 2002-03-23 12 BONDS WARRANTS Clmm itn i gBtt n£ *5 i i h 157 2, 1 j «h HI sd OO U n m 2 1655 1 33 1 150 39 U 1 10 M 227 as w~#weao7i2 as i m zm woo 4 tar 6%SMS0901 Mk 1 20 hrU%JMNH1NI »or»—»W«g10U 13572 words
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what's in style art
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Article, Illustration780 2002-03-23 13 CHEAH UI-HOON - Sunjin Galleries showcases diverse themes and styles of contemporary Peruvian works, renorts cheah uunmi CHEAH UI-HOON 9 DONT expect to see Incan art at Sunjin Galleries' contemporary Peruvian art exhibition. Andyou needn't know much about Peru's best-known pre-Colombian period either, to appreciate the perspectives, colours and compositions in780 words
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art beat
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Article229 2002-03-23 13 A roundup of events While it is widely believed that Chan Fuk Sin is the pioneer of Hong Kong modern art, there are academicians who say that it was not till the 60s that modernism started to take its roots in Chinese cultural heritage. A229 words
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Article135 2002-03-23 13 After Korea, Vietnam, Thailand, the Philippines, China and Indonesia, the Asia-Europe Young Artists' Painting Touring Exhibition will be in the Singapore Art Museum (SAM) from March 20-31. The millennium project was organised by the Asia-Europe Foundation (Asef) to establish a network and to encourage exchange between art135 words
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Article95 2002-03-23 13 Cheah Ui-Hoon - Compiled by Cheah Ui-Hoon Four contemporary artists from Australia are showcasing 20 works at Galerie Dauphin. Starr's works are colourful and quirky, while the sea is the focus of David Mellor's artwork. Judith Laws draws inspiration from the rainforest and Backhaus-Smith is considered one of Queensland's95 words
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Article4336 2002-03-23 13 Transaction date: Mar 22 for more, go to wiirwjasicumenmarketsjcom HONG KONG ICGM* as -0.01 ***** JW mwrdwa Htdp 0.94 0.01 ***** 1 mterform Ceramics— 002 inch ***** —O40 inch SIS 1005 "Si! S* KG Mok#ngs 4tl -0.08 150 Z5? "Of® 3077 jiangsu Express H 1.86 0.01 2596 0.054,336 words
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what's in style
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Article, Illustration642 2002-03-23 14 CORINNE KERK - CORINNE KERK finds out Easter chocolates now take on shapes of all things cute CORINNE KERK EASTER really has nothing to do with chocolate eggs and bunnies, but that hasn't stopped increasingly varied and saleable chocolate shapes from taking over pastry counters and supermarket shelves this timeCHRIS LOH - 642 words
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Article849 2002-03-23 14 Corinne Kerk - By Corinne Kerk AT that time of year when we're tempted to stuff our faces with cute little chocolate bunnies, eggs and chickens, we're being told —yet again—that we shouldn't feel too guilty about consuming the sweet, sticky stuff because chocolate can be good849 words
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Page 14 Advertisements
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Advertisement584 2002-03-23 14 p wMdine with weekendßT /w« $32+++ (edutt)ands2s+++ (child). Free flow of fIuINHI beer et $!{*++and wine at $20+++ per 750QA Beach Road, TeL*****313 Well known for its value-for-money French-inspired u flawy S<Mrtqg,aaqMlßlfe lunch and Until April 15, enjoy 15% discount on the total bill cuisine, this casual eatery's include its584 words
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collections
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Article, Illustration1131 2002-03-23 15 While shoppers could hardly wish for a more swanky setting in which to try on Prada shoes, some architects are crying 'sell-ouf as their colleagues venture into the less-than-hallowed ground of boutique design IHT FASHION'S flirtation with architecture has led to a new generation of over-the-topIHT - 1,131 words
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Well packaged
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Article, Illustration111 2002-03-23 15 CHEN HUIFEN - CHEN HUIFEN tries out the latest gadgets CHEN HUIFEN Compaq's award-winning ultraslim desktop is fit for fine dining. Wrapped in thin CPU casing with metallic finish, the Evo D5OO shines like silverware. It's also a lightweight 11 pounds (about 5 kg), and is 50 per cent quieter than111 words
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Article, Illustration102 2002-03-23 15 You probably won't want to carry this clunky handheld which will make you look Wt» you just arrived from the age of water tumbler handphones. But what say you if the Handspring Treo is is a mobile phone integrated into a PDA? What this means is no102 words
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Article, Illustration105 2002-03-23 15 Samsung deserves a second look with its unconventional mobile phone designs. After Blue i last year, the Korean company has come up with adorable Egeo (SGHA 400). It's got a calorie counter that calculates the amount of calories used for an activity and tracks your105 words
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Article, Illustration77 2002-03-23 15 Nokia's new 5210 phone model looks sporty and feels comfortable to hold. And like most of its predecessors, you can change the face plates according to your whim and fancy. At 92g, it's heavier than the 8210 or 8310. Packaged in the sturdy set is a thermometer,77 words
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Article, Illustration69 2002-03-23 15 Like the Treo, Hewlett-Packard's new Jornada 928 PDA is a handheld-cum-phone. Based on Microsoft's Pocket PC OS, the set has a 16-bit full-colour TFT display as well as a monochrome display above the main screen for quick glance at incoming calls. The antenna, when folded, makes the69 words
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Article, Illustration629 2002-03-23 15 Kannan Chandran - Bang Ohrfsen's latest plasma screen TV takes practical living a step further By Kannan Chandran WANT it on the wall or leaning on the floor? Wherever you put it, Bang Olufsen's new BeoVision 5 is designed to project the ideal lifestyle choice in audio-vi-sual style and practicality.629 words
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Page 15 Miscellaneous
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Miscellaneous190 2002-03-23 15 CRYPTIC CROSSWORD (7) ryvuAi editkxi (7) Acroes: 1 Scandal, 5 Inshore, 9 iStorm sow a nartv (7\ 13 Curl Anton developed during Veteran, 10 Summers, 11 Red--2 n ■> angie. 12 u™, 13 Dread. 15 uddy good portra«7 (7, 2, 14 Top o( the shaft (9) Arbitrate, 17 Treatment, 19190 words
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what's in style
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Article, Illustration2114 2002-03-23 16 CHEAH UI HOON - While lampshades don't make it to Ihe top of the hip chart as often as distinctive chairs do, they make or break the look of the venue as much as furniture does. CHEAH Ul HOON looks at how two designers employ minimalism to maximum effect, whilePHOTOS BY CHRIS LOH AND ARTHUR LEE - 2,114 words
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Page 16 Advertisements
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Advertisement8 2002-03-23 16 &k T'- SKtCi V":- S'" *Jv sl§3®Sfe IJ8 words
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