The Business Times, 6 April 2002
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2002-04-06
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The Business Times
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884 2002-04-06 1 Siow Li Sen - EXCLUSI V E They ire Assuming powers behind corporate thrones: I onflow hnod NEF By Siow Li Sen [SINGAPORE] A Londonbased think tank has slammed the Big Five accounting Arms for exerting a staggering influence over the business world and assuming powers behind884 words
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Article, Illustration815 2002-04-06 1 Quak Hiang Whai - Some see sub-20% rate in time, barring tax-haven issues By Quak Hiang Whai [SINGAPORE] Analysts are expecting corporate tax cuts of two to three percentage points soon, with some counting cm sub-20 per cent rates in the longer term, following DeputyCompiled by BT - 815 words
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887 2002-04-06 1 SATURDAY SOAPBOX WHAT India lacks, Singapore possesses. The little that Singapore lacks, India has aplenty. This would appear to be an economic partnership made in heaven, but has made only fitful sputtering progress since PM Goh Chok Tong spoke of generating a 'mild India887 words
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Advertisement133 2002-04-06 1 ■asssrfp vfl u w,uu,u 1 Media nogul Leo KlKirch's empire heads M for insolvency. MAE 6 In Foods: Tackling the audit hydra, Pg 9 Andersen may transfer US tax practice to Deloitte, Pg 6 Invest in the fund that pays equally good returns whether stocks go Up or Down. For133 words
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Advertisement9 2002-04-06 1 IN FOCUS Anditor's role: Watchdog or J bloodhound? 19 words
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Advertisement93 2002-04-06 1 MIKE MONEY How best-selling author Robert Kiyosaki made and stOl makes- his millions. MfiEll I Good, old fy Hong Kong UuUin order tocomp^or |Hk M- be successful, it either has jp. to be Singapore or m £tr Shanghai Wkatttshould ft go on being is good, old, self-confident Hong Kongi I93 words
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Advertisement17 2002-04-06 1 II ■r Ai^i Ui The Stella KKSVH PAGE 16 Hone bvyera seen hesitant ahead of possible CPFcurbs,Pg217 words
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next page
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Article, Illustration594 2002-04-06 2 r sivanithy - M A R K E T REVIEW r sivanithy BY now, it has become clear to many market professionals that the Straits Times Index is showing signs of strain from its exertions of the past six months. Two other conclusions are also taking594 words
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Article74 2002-04-06 2 □sn 1,779.97 (+1.79) BT4M 731.55 (+2.63) ST INDEX FUTURES 1,755.00 (+16.00) mm UMltl FUTURES U ***** (+130) Friday Change KLSECOMP 711.42 +9.01 NIKKEI 225 1 *****9 -4171 HANO SENG (M SET INDEX ***** +8.M JAKARTA COUP _508J9 >441 MANILA COMP .1,432.86 +«iS TAIPEI WP1 Closed SEOUL COMP 918.01 -AM74 words
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Article67 2002-04-06 2 RMKX RATES us* st US$ (S$ per US$) 183S £(US&/S$ per 1.434 2.632 EURO(US$/S$/E). 0.879 1.612 DM 1216 IJ06 YEN 132.0 72.00 RM 1800 1071 HKJ im 4550 BAHT 4353 23.72 RUPIAH 9590 5.226 HOME RATES SINGAPORE* 655 KUALA LUMPUR 6.40 HONGKONG 5125 JAKARTA 39.00 TAIPH 1725 TOKYO 117567 words
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Article, Illustration826 2002-04-06 2 Kalpana Rashiwala - Analysts say changes are unlikely to be drastic or sudden By Kalpana Rashiwala [SINGAPORE] Home buyers are expected to withdraw further to the sidelines in the coming weeks in anticipation of changes to the use of Central Provident Fund savings for826 words
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554 2002-04-06 2 LATEST US INDICATORS Manufacturers' Q4 profits drop to (JSsB.76b AP. Reuters, Dow Jones [WASHINGTON] US unemployment rate nudged up to 5.7 per cent in March, but employers added 58,000 new positions to payrolls, signalling a strengthening economy that has not completely filtered downAP.; Reuters,; Dow Jones - 554 words
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Article50 2002-04-06 2 IN yesterday's article "Indonesia's delicate regional balancing act", the footnote wrongly attributed the writer, James Castle of the Castle Group, as the chairman of the American Chamber of Commerce in Jakarta. Mr Castle no longer holds that office. He is now chairman of the International Business Chamber of Indonesia.50 words
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Advertisement62 2002-04-06 2 1 i•• itc src'etarcs ,v-.: '<■ "i. r j i 5j j pro. con*«W" ti.H and cost c"< ct ML AJtXy corrjwy r jr. :♦-< :,o' "c a t.i» .vt is inc'Ui 5 < ■vs'.it'Or F,v> from i.'Ssst!o The world's leading f *h p Offshore Company and Tax Tel: (65)62 words
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in the news
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Article, Illustration611 2002-04-06 3 Andrea Tan - They stand to lose If they approve a whitewash resolution sought by the company: BNP By Andrea Tan CONSTRUCTION firm Poh Lian Holdings' ambition of becoming a major pulp and paper player threatens to crumble if minority shareholders heed independent advice to voteFILE PHOTO - 611 words
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309 2002-04-06 3 Simone Erasmus - It will handle far more sophisticated transactions than current cashcards By\ Simone Erasmus COME the third quarter of this year, Singaporeans will be using the dual interface combicard an all-in-one "electronic wallet" that supports both contact and contactless applications like shopping and309 words
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Article248 2002-04-06 3 Siow Li Sen - By\ Siow Li Sen BOUSTEAD Singapore Ltd yesterday said it will buy 28 per cent of unlisted Salcon Ltd for 16.5 million even as the latter is making a reverse takeover bid for Seedaq-listed ITB Electric. Boustead said it has entered into a conditional248 words
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373 2002-04-06 3 Reuters [SINGAPORE] The unravelling of audit firm Andersen is likely to benefit Singapore's Boardroom Ltd, a small listed company providing services such as bookkeeping, analysts said yesterday. Boardroom, with a stock market value of just $53 million, has seen its shares surge 15 perReuters - 373 words
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601 2002-04-06 3 Ven Sreenivasan - Boost for rental yietas, dot overall returns could be poorer: UOBKayWau By Ven Sreenivasan INTRODUCING shorter lease period for land will make properties more affordable, raise rental yields, and boost liquidity in the property market. But the short-lease land will not result in601 words
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656 2002-04-06 3 Angela Tan - The QFITs latest scheme for unsecured loans extends zero interest for the first 3 mths By Angela Tan ABN AMRO has gone on the offensive. The Dutch bank is offering yet another first in the industry with an aggressive zero per cent interest656 words
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Article, Illustration301 2002-04-06 3 SINGAPORE Telecom chief executive Lee Hsien Yang nearly doubled his holdings of Sing Tel shares when the stock hit new lows this week on news of its move to raise its stake in Indonesia's number one cellular operator, PT Telkomsel. Sing Tel301 words
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Article, Illustration387 2002-04-06 4 Key points made by PM Qoh In Partement yesterday M 1. Motions with Materia H "It m% be better tor bilateral batons if we start to move a ttttie away from our reliance on Malaysia tor water.* "Ary breach of the Water Agreements would also387 words
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Article, Illustration673 2002-04-06 4 Catherine Ong - This will provide enlightened leadership the world needs, says European Commissioner for External Affairs I Reports by Catherine Ong REFLECTING Europe's growing concern over perceived unilateralism in America, Chris Patten yesterday called on the US to lead by consensus rather than by a go-it-aloneARTHUR LEE - 673 words
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Article481 2002-04-06 4 CHRIS Patten, the last governor of Hong Kong, has this advice for the former British colony: be yourself, don't try and be like Singapore or Shanghai. Speaking in Singapore yesterday, Mr Patten, now the European Commissioner for External Relations, urged Hong Kong not to481 words
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Article, Illustration348 2002-04-06 4 Gan Seow Ann - MAIL B A G Gan Seow Ann Executive Vice President Head of Securities Trading Singapore Exchange WE refer to the letter "Bleak future for cross trading on SGX" by Denis Distant (Mailbag, Apr 4). Mr Distant commented that since local brokers already offer "seamlessFILE PHOTO - 348 words
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Article, Illustration326 2002-04-06 4 Anna Teo - manufacturing -By Anna Teo STAYING bearish about the Singapore economy's near-term performance, IDEAglobal says it is sceptical that last month's purchasing managers' index (PMI) signals any turnaround in the manufacturing sector. "We seriously doubt the PMl's surprise 2.8-point jump to 52.4 points in MarchSource: - 326 words
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IN BRIEF
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57 2002-04-06 5 Bloomberg [KUALA LUMPUR] Malaysia Mining Corp shares, at their highest in almost five years, row tor a second day after the Port afTanjungPalepas said it has lured Evergreen, Taiwan's biggest shipping company, from Singapore. Shares ofMMC rose 10 sen, or &5 per cent, toBloomberg - 57 words
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72 2002-04-06 5 Bloomberg [KUALA LUMPUR] 101 Corp, Malaysia's fourth-biggest listed palm oil producer, said it will distribute to its shareholders up to 21 per cent of Palmco Holding's shares to ensure the unit remains listed. 101, which won control ofPahaco after fighting offSime Darby,Bloomberg - 72 words
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86 2002-04-06 5 Reuters [KUALA LUMPUR] Malaysian debt restructuring chief Azman Yahya has resigned as director of industrial conglomerate Renong, the companyvaid. Mr Azman, chairman of the Corporate Debt Restructuring Committee formed after the Asian crisis to help Arms restructure their debt, played a lead role inReuters - 86 words
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71 2002-04-06 5 Reuters [YANGON] South-east Asia's finance ministers agreed their region's economy was In recovery mode, but said this needed to be consolidated and protected ftxan outside shocks through ftirtber reform. While calling for closer cooperation to boost recovery, the ministers from the 10-member AseanReuters - 71 words
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35 2002-04-06 5 Reuters [JAKARTA] Indonesia said it may make some top management changes in two key subsidiaries of the country's largest cement maker, PT Semen Gresik, in a bid to improve performance.—ReutersReuters - 35 words
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52 2002-04-06 5 AFP [JAKARTA] An Indonesian court yesterday ordered Parliament Speaker AkbarTandKmg to be released from detention, pending a verdict in his multi-million doßar corruption trial, his lawyer said. Akbar, detailed since March 7, is being charged for misusing 40 billion rupiah (5f7.6 million) of stateAFP - 52 words
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258 2002-04-06 5 Harish Mehta - From] Harish Mehta in Bangkok A US-Singapore free trade agreement (FTA) would help Indonesia and other regional countries move towards freer trade and openness, a top US trade official said yesterday. Robert Zoellick, the US Trade Representative, said: "We don't only258 words
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303 2002-04-06 5 From May 1, fees for all trades wfll range from 0.015-0.3% Bloomberg [SHANGHAI] China will make it cheaper for its 60 million investors to trade stocks by lowering brokerage charges and letting brokers set their own fees, introducing price competition in theBloomberg - 303 words
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393 2002-04-06 5 Eddie Toh - Danaharta advinces RM 130.4 m to subscribe for the enliUeiiieiil From] Eddie Toh in Kuala Lumpur NATIONAL bad debt agency Pengurusan Danaharta Nasional has mopped up Tajudin Ramli's rights entitlements in Technology Resources Industries that he failed to pick up when393 words
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Article, Illustration71 2002-04-06 5 [SHANGHAI] A tourist taking a photograph beside a memorial waU narrating the war exploits of Chinese revolutionaries in Shanghai's Bund district earlier this week.. While other countries suffered tourism setbacks after the Sept 11 attacks, China is enjoying robust growth in both inbound and domestic tourism. TheREUTERS - 71 words
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292 2002-04-06 5 Dow Jones Newswires [KUALA LUMPUR] The recent merger deal between RHB Bank and Bank Utama was not politically motivated, Bernama quoted Sulaiman Abdul Rahman Taib, deputy chairman of Cahya Mata Sarawak Bhd, which controls Bank Utama, as saying. Since details of the dealDow Jones Newswires - 292 words
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552 2002-04-06 6 German media group running out of cash as it staggers under a 6.5 billion euro debt pBe Reuters (MUNICH] German media group Kirch yesterday inched closer to an insolvency filing as creditors and investors failed to agree on a rescue plan forReuters - 552 words
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Article, Illustration164 2002-04-06 6 Qmbh A. Kirchmedla Qmbh Sport and movie TV rights libraries, movie and TV production companies. Holds 52% of Germany's largest commercial broadcaster ProSiebenSatl. OvaaiaMp: Taurus Holding 72.6%; Leo Kirch's son Thomas 6.5%; German retail chain Ftewe 5.7%; J.P. Morgan Chase; Lehman Brothers; Italian premier Silvio Berlusconi's familySource: Reuters - 164 words
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Article, Illustration394 2002-04-06 6 NYT [NEW YORK] Columbia University announced on Thursday that it had poached another star economist from a major university, this time from Harvard, which has already been roiled by threats of defection by prominent professors. The newly recruited professor, Jeffrey D Sachs, aNYT; FILE PHOTO - 394 words
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448 2002-04-06 6 Non-audit iMwhwi m being hived off; 7,000 layoffs Hkeiy LAT-WP, NYT [NEW YORK] Arthur Andersen said on Thursday that it has tentatively agreed to transfer much of its US tax practice to accounting rival Deloitte Touche LLP, in what would be theLAT-WP,; NYT - 448 words
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233 2002-04-06 6 NYT [NEW YORK] The New York Stock Exchange is considering taking steps to help shore up investor confidence in corporate governance in the aftermath of Enron's collapse. One change would require companies whose shares trade on the Big Board to limit participation on theirNYT - 233 words
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IN BRIEF
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Article86 2002-04-06 6 LAT-WP [WASHINGTON] US President George Bush on Thursday gave Congress less than three weeks to act on legislation to expand US trade, but Democrats said no progress was possible until the administration agreed to help workers laid off because of foreign competition. Mr Bush challengedLAT-WP - 86 words
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64 2002-04-06 6 Bloomberg [DENVER] Qwest Communications International Inc said the Securities and Exchange Commission approved starting a formal investigation Into the wav it recorded swaps of network space with other telephone companies. "The fact that the investigation is now formal does not affect how we are cooperatingBloomberg - 64 words
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75 2002-04-06 6 Reuters [TOKYO] More evidence emerged yesterday that Japan's recession-weary economy may have hit bottom. The difiUsion index of leading economic indicators for February came in above the "boom-or-bust" 50 level for the second consecutive month. But white the index rose to 06.7 on a scaleReuters - 75 words
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Article85 2002-04-06 6 Bloomberg [TOKYO] Kajima Corp, Japan's biggest construction company, expects to post a 43 billion yen (***** million) loss for the year ended March 81 after land prices and bank stocks fell, and investments in golf courses soured. Kaiima, which had earlier forecast net incomeBloomberg - 85 words
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70 2002-04-06 6 Reuters [TOKYO] Japan's Mizuho Holdings Inc said yesterday that 15 million transactions remained unsettled following a computer failure on the first day of business of its retail banking unit at the start of the week. An official said the bank hoped to settle all oftheReuters - 70 words
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97 2002-04-06 6 Reuters (NEw YORK] Federal Reserve president William McDonough said on Thursday that Argentina's default on its huge public debt has caused very little turmoil in financial markets and sends a message to investors that countries will not be automatically rescued.'Tliere is almost no contagionReuters - 97 words
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57 2002-04-06 6 AFP [TOKYO] Japanese mega-bank Sumitomo Mitsui Banking Corp said yesterday it expects to suffer a net loss of4Bo billion yen (5J6.6 billion) in the year to March just ended, after accelerating its writeoff of bad loans, compared with a previous projection of a 150AFP - 57 words
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Article, Illustration796 2002-04-06 7 jennifer lien - VALLEY VIEW Website allows one to bet on scientific and social developments, with winnings going to charity jennifer lien WANT to take a view on the future and put your money where your mouth is? A new, intriguing website quietly making its appearance796 words
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Advertisement18 2002-04-06 3 B Lianhe Zaobao I I Almost two-thirds I |of unit trusts I I I quarter I I I18 words
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Page 4 Advertisements
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Advertisement434 2002-04-06 4 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER 50) PURSUANT TO SECTION 3WQXH Ai a General Meeting of SEAVIII LTD duly convened and held at 331 North Bridge Road 05-04/06 Odeon Towers Singapore *****0 on 28 March 2002. the following resolutions set out below were duly passed AS sygciAi. besth434 words
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Advertisement326 2002-04-06 4 SOON LEE REALTY LTD (Incorporated in the Republic of Singapore) Notice to holders of the 5596,000,000 Fixed Rate Secured Bonds Due 2002 of SOON LEE REALTY LTD (the -Bonds") Reference is made to the Company's notice to the holders of the Bonds (the "Bondholders") published in the Businaes Times on326 words
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Advertisement19 2002-04-06 4 8 Tha Straits Times m Classified where virtually amy BM home Is fl at your MQ|| fingertips. ®w Buylt.Srtß.nMß.19 words
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Advertisement46 2002-04-06 4 M*w*oam*Mtara. E-mlu»*Wtfr*aph.com.ag or to ua at 031*8277, or write to. Tht Butnen Tlmm, SPHHQ, 1000 Tom Pmyoh North, Podium Lmvi 3, 31&694, need your JUlrwne, end tahphorm number, to wa cmn verify H cmme from you um umpwd language, mftaM to "MMIMI tru/jphftoMterf tawifin jwdifcHmiaodtoiiMfci m/Mnj46 words
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Article3931 2002-04-06 5 Transaction date: Apr 5 for more, go to wwwjasjaonenmarkeUjmm HONG KONG kcm*. 0.54 0.01 M Mardiina Hldgs OM undi 2520 *> t4 —> kitarform Ceramics .0.02 undi 1*136 A yiOrfcotAaia 141 urxh 496 AcromN Mutamodu 027 -0.03 62 itogent Group ft nn? cm —sua urf, o -S; 7J53,931 words
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Article, Illustration887 2002-04-06 6 Transaction date: Apr 5 DITHRBAlfX CROSS RATES r -r* VfjV 5 > '•'•fe! ,v <-■■' 'Z-- ■■*■J-.•■••" u<" a t* Iw ft h ■> MhW* TW Ww QfPMM H» < MM >WM W MMk M47 441 MO 1» UN AM 29JM 50.976 MR C4M 2JB0 UN SHU 27J62 MM887 words
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Article4737 2002-04-06 7 Transaction date: Apr 5 for live prices, log on to iiwrwAsiaonemarketsxorn J*** S* JfiL fiftt. Ml CftM Hat MCa Mq 1— fi-w ft* W- f—> H» 8a»ar M» Or M t3 Wei 9 C AtNAnvoNLG 56c 9 10 U IX JH .H c C y i mK HP4,737 words
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Article39 2002-04-06 7 SS u«<—« Mkr Mr iitH M Kb M| v* rm m+ u» t+m cm m >a wg MK no BOIUSlSdilZI ummo* I S7J 440 s BMSOSporv US575 12M0 *70 i ISSAKOO US11«B IJI» w» i van usiijoo39 words
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Article1376 2002-04-06 7 SI Mkr Mr «rtU Mat MCm Mq Cfag 1* W- rw> m+ im. trnm Utm Cm Hi l3 wS H3 U t IMIMpSc 1« *0.5 «D 1*5 173 II IU 34.7 II 5? c **>» ♦<" "1 213 1» 21 215 5 1« 12 j.i 1U 21 i'1,376 words
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Article202 2002-04-06 7 u? M Oar 11—H Mb Mr GrYW MM acta imm ClBp.il UM» W- «H> I— —nr Wfc Cw Hi U t» CO AVJanninpATScA K 102 40 14 10.1 SI 213.1 CMharUcMcMK. 730 21 74 t 3436L2 Chfcng KongKk MK.— 1710 W U U 3 40*65 U Of** SoUmLtNK202 words
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what's in style motoring
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Article, Illustration1017 2002-04-06 8 CHRISTOPHER TAN - VW and Renault strap oversized V6s onto the Beetle and the Clio to see how fast they'll go. CHRISTOPHER TAN gets into both cars for some hairy driving CHRISTOPHER TAN R ACE-BRED is a term used too loosely these days. Products with little more than coded decals, redPHOTOS BY CHRIS LOH - 1,017 words
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BRAVE NEW WHIRL
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Article123 2002-04-06 8 MG is the latest star to appear in the new video game TOCA Race Driver from Codemasters, a leading developer of interactive entertainment. Currently in development for Playstation 2 and the PC, the game will feature two MG cars in its line-up, the first being123 words
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Article74 2002-04-06 8 BMW AG will next month become the first importer in Japan to take orders for tai-lor-made cars, reported Bloomberg. Customers will be able to choose from about 10,000 possible combinations of features when ordering a car, a service already available to European buyers. Meanwhile, the company said it74 words
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Article, Illustration152 2002-04-06 8 SUBARU is sponsoring a mountain-bike race organised by the Singapore Amateur Cycling Association. To be held on Siloso Beach, Sentosa, on June 15-16, the race is co-sponsored by high-end bike component maker Sram. About 300 riders will be participating, including some from Malaysia, Indonesia, Thailand, Taiwan and Brunei.152 words
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Article94 2002-04-06 8 CHRISTOPHER TAN - Compiled by CHRISTOPHER TAN TOYOTA Motor will pay for costs of engine failures in the US that were linked to oil residue, reported Bloomberg. The company will cover repairs and rental car or storage fees for owners of models such as the Camry, Avalon and94 words
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Page 8 Advertisements
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Advertisement67 2002-04-06 8 m.f\l> w 4 I k J Pi L I II I k HfaMfcz > wLlliK wJB \SJIS/ o MKmp* mJ W%-<'^F+,-^lr%.t"Bj^l^iii- j KTIUw |ST|^«|t|i|V|W1 1 jg r^M3pgSJgßPP^p wwUAiMwUEiat^LdCiiiflijMXiiLiy x I »yn I "BTTTTH yjTT!^ ''vJBWK.* ■^bh /g IOChCA 80 P leaBe order your copy early! U O\DOU 4x4Mag«Tin« (Singapore) Address:67 words
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in focus
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Article, Illustration1206 2002-04-06 9 ANGELA TAN - There's no single solution to the problems exposed by Enron's bankruptcy but paradoxically, more rules will help to encourage greater self-discipline, says ANGELA TAN ANGELA TAN POST-ENRON, audit and corporate governance have become red-hot topics dissected daily by the media. In Singapore, the issue of auditBen Cruz - 1,206 words
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Article2234 2002-04-06 9 UNIT TRUSTS FUNDS atiaondS'pareA/$ uov GtiBond Sport B/J 1.2* 00 Money Sing Dollar Oast 1.0397/ AM Aaro Aaaat Mgt (S'pert) Citi Pan-Europe Equity Fund 112/ Star Europe Eqty!* 010V OtISelect Aria THt Balanced 1.3V Star Europe M 1971/ CitiSetect Asa TMt Growth 1.27/ Star Europe Bal 0883/ QtiSetect Asia Tilt2,234 words
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in the money
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293 2002-04-06 10 Patrick Peck - Patrick Peck The author is the vice-president for the Paris-based JCF Group THIS week saw 52 recommendation changes 28 upgrades against 24 downgrades. For a feel of how the economic recovery is panning out, we take a look at three stocks293 words
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Article238 2002-04-06 10 jrm Allgreen Properties B j H 1.54 AST1 Hofcfings Bj 8 2.25 CSE Systems Engrg B H 1.33 DairyFarm B M j 1.50 Datapuise Technology B j O 1.25 Del Monte B H 1.33 DeJgroCorp B O 1.02 FtaatEngrg O j NR j 1J0 Hong Leong S'pore Fin O238 words
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1124 2002-04-06 10 Teh Hooi Ling - COMPANY SPOTLIGHT JTIC among firms that have gained from the uptick By 1 Teh Hooi Ling A NUMBER of mid-sized contract manufacturers have gained from the cyclical upswing in the demand for hard disk drives (HDD). Among them is Jurong Technologies Industrial1,124 words
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Article91 2002-04-06 10 Events for the coming week MONDAY, April 8 10.00am: Metaiock EQM, Carlton Hotel, Empress Room 1, Level 2 10.30am: Launch of DBS TD Watertxxjse. 10.30am; King Wan Cofp EQM. 8 Sungei KadutLoop 2.00pm: TPV Technology's 2001 fuN year financial resufts 5.00pm: ST engineering's 1st quarter financial results. WSDNKSOAY.91 words
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Article, Illustration948 2002-04-06 10 teh hooi ling - SHOWMETHE MONEY Follow explicit rules, and take the uncomfortable routes to riches teh hooi ling A NUMBER of readers have expressed interest in last week's column on asset allocation using the equity risk premium as a guide. Many want to know where they948 words
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Article164 2002-04-06 11 fuiif¥inHi tinier #>r>fcnA f aU iil d liifk f iIAAAWAM am/J I Hhui jacooerg ana uttrQ HlflUftAWy '"'i, J ?fVS- of the atocMode« from outran! lawatoontoarad to starting baee level on Jan 2,2002. BTI waigM: The percentage weighting of the stock in the STI by martcatoapttattssaon and free164 words
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Article, Illustration43 2002-04-06 11 further upskie potential In the near tamv A clear break above $0.43 targets $040 and posatoly $050. Holding above the $0.40 support maintains the buKsh outlook. Boardroom is a benafioiary of the asstsss o«S^ 10.71 Coming i hwTv^totavKifct^43 words
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Article, Illustration1208 2002-04-06 11 Chua Hui Min - Watch the trends, build a business, and borrow to invest advises best-selling author Robert Kiyosaki By Chua Hui Min FOR a glimpse of how best-selling author Robert Kiyosaki made and still makes his millions, consider this: Four years1,208 words
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Article, Illustration673 2002-04-06 11 r sivanithy - CAVEAT EMPTOR Syndicate manipulation of stocks seems to be a thing of the past r sivanithy Throughout much of the *****, local stock market punters relied heavily on syndicate manipulation when it came to trading Singapore penny stocks and Malaysian counters quoted on Clob International.673 words
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Article16 2002-04-06 10 for week beginning Apr 1 m M» i mi sa_ <= Source: Bloomberg16 words
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Article299 2002-04-06 10 §gg!lB f| 1 if III s5nu$k j jy. gy »*j ftMfwjkifc I qg ms 5f o***v ktsn M«% xvm* tvaj a»%»JOc bit £7 n3i MM Gooy*> 1< j Igfr IBS OHw 1*3 SSgwSf*««• SSSf»;p 'S23n HKUnrfUMSc >U tMtar »Mr UHM* J <♦*»! IMMt *Mi» iSSsr ?bHSil?i§ P* 1299 words
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week in review
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Article, Illustration1115 2002-04-06 12 For the full stories, visit http://business-times.asial.com.sg Corporate, income taxes set to be cut IN the clearest indication to date, Deputy Prime Minister Lee Hsien Loong on Thursday said corporate and personal income taxes will be cut to attract more investments and jump-start the entrepreneurial spirit theFILE PHOTO - 1,115 words
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Article292 2002-04-06 12 LaeHanShNi April 4 A dock-eat-dock world SEVERAL major Asian ports have been hit by defecting shipping lines, including PSA Corp. Established ports say they provide better service and turnaround times but what really counts today for shipping firms is cost For those which cannot compete on price,292 words
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Article2006 2002-04-06 12 Transaction date: Apr 5 KUALA LUMPUR f«r»Nw» U4 unch 65 M P5M* 2J3 unch 42 M W- rmt fVV Industries 033 iawh 42 ®"*"f '13 «*h 11 A4Mftaalty 1.14 OM 112 Gerr*ide US 0.15 1«H AMC-. 1.90 0.03 241 GanadCorp 1.00 00* 9 ACPIndMrta MO 02* 690 G"T«dl 1J62,006 words
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Article350 2002-04-06 12 Transaction date: Apr 5 £5 £S AS 52 Pas ss as as 2:S cm as "KS v-i ts m* Mrs MJ« ,735 iue up mr MM »C MX am «M HIM CM uw -a -a «3 -3 wnii w—■ 1 I 5 7-®?" ajg- S 1 8 5 8350 words
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Article602 2002-04-06 12 BONDS WARRANTS n* wa» Eur TC "fT *«r- WW* Mb %«69<— u> A5T1 W*****1 32.5 23 115 1 16 2 146 26 MlialMWWIIW >5 -as 40 1 SO 453 iJtD 31 Affltok1M)S0S10__ St 2 563 1 33 3 M4 30 Ariialf uig VMM0520 43 1 10 32 2.44 25 AfiaFoodP\Ma0712602 words
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food/collections
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Article, Illustration765 2002-04-06 13 CHEAH UI-HOON - Now is not the time to be watching your waist, with the Singapore Food Festival in full swing and the World Gourmet Summit, around the corner. CHEAH UI-HOON checks out whafs on the menu CHEAH UI-HOON FOOD is a big passion here in Singapore, which naturally765 words
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Article, Illustration643 2002-04-06 13 Cheah Ui-Hoon - Acomforteble worfcplace iM*t just about Mvomimic chairs. Ifs a *et-ap that encourages productivity and stimulates creativity By Cheah Ui-Hoon THE glamour of the designer office might have dimmed somewhat with the demise of the dotcom era since the lingering impression of that short-lived period in time is theARTHUR LEE - 643 words
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Page 13 Advertisements
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Advertisement165 2002-04-06 13 ShopontCmtn- Check out the Italian specials atftistocante For traditional Thai oooMng. Until Apfms.an)oy 2? casual eatery s Bologna. Brasserie Tatler offers sumptuous -E?!« 15 cent Account on the total bill with your ssrr*"*~"" rrrrsrssu srsssr-—— sagsa«„. S2&*-*. j^nT' a MMW S>SSZ«iwntmfM( Pnpk s Park Qmqtfex #03-43, TU:6438 0252. UntilAprtl 15,en|oy165 words
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what's in style art
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Article, Illustration938 2002-04-06 14 CORINNE KERK - Collectors can choose from 213 S-E Asian paintings that will be auctioned during Sotheby's sale in Singapore. CORINNE KERK highlights some works CORINNE KERK FANS of South-east Asian paintings can look forward to an auction here this weekend as well as previews of two other sales to938 words
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art beat
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Article108 2002-04-06 14 a roundup of events A group exhibition featuring works by three Singaporean artists with more than 30 years of experience between them. Rosihan Dahim, a surrealist, is known for his oversized matchstick series an interpretation of human characters. Sunar's Chinese ink on Japanese rice paper was once mistaken108 words
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Article125 2002-04-06 14 Focas No 3, a biannual publication based on The Necessary Stage's Forum on Contemporary Art Society—the third edition now out— has sections on Work/Play, Kitsch and the Singapore Modern, and Bodies Text In Work/Play, the forum debated on strategies for the practice and management of cultural production in125 words
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Article97 2002-04-06 14 CHEAH UI-HOON - Compiled by CHEAH UI-HOON Sculpture Society, a newly-formed society, is holding its first fund-raising show. Called the Round Show, it hopes to raise sufficient funds for the society's major activities. The main objectives of the society are to promote sculpture in Singapore and abroad, and to create and97 words
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Article, Illustration340 2002-04-06 14 Cheah Ui-Hoon - White Dede Erf Svpda's work is critical of US supremacy, Ms style stows American leanings By Cheah Ui-Hoon AMERICAN hegemony in Asia, a recognised and oft-criticised fact, seemingly takes a bashing in Indonesian artist Dede Eri Supria's latest body of work in Concerning Change. There are340 words
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Page 14 Miscellaneous
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Miscellaneous145 2002-04-06 14 CRVFTIC CROSSWORD on this wftee* (6) 2 Occupant tore round about expel from university (4,4) 21 Remove weapons engaged eleven perhaps (8) 13 Outrageous old woman in in 1,000 raids (6) 3 Merchant Navy going after apartment (8) yesteroay-s solution fish that's weighty (6) 14 Master's joint titie (8) 4145 words
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collections
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Article, Illustration1102 2002-04-06 15 CAT ONG - Controversy pays, as racy campaigns for British brand FCUK so clearly show. CAT ONG talks shop with Stephen Marks, the man who's having the last laugh CAT ONG ITS ads have been banned so many times before that late last year, it was reported that the1,102 words
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Article, Illustration1077 2002-04-06 15 CORINNE KERK - CORINNE KERK meets the quick cut brigade CORINNE KERK HOW much time do you have for a haircut? And how long will you wait to get one? Half an hour? Ten minutes? If those are your time limits, then the good news is that they're possible1,077 words
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what's in style
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Article, Illustration1228 2002-04-06 16 PARVATHI NAYAR - Creativity takes centrestage whenthe Singapore Tyler Print Institute kicks off a dazzling Frank Stella show next week PARVATHINAYAR looks at how the institute will elevate interest in fine art prints PARVATHI NAYAR SINGAPORE'S art footprint is poised to get substantially bigger. Next week, the Singapore Tyler PrintPHOTOS BY ARTHUR LEE COPYRIGHT 2002 FRANK STELLA/ARTISTS RIGHTS SOCIETY (ARS), NEW YORK; COPYRIGHT 2002 FRANK STELLA/ARTISTS RIGHTS SOCIETY (ARS), NEW YORK; COPYRIGHT FRANK STELLA/DAVID MIRISH DESIGNS, CANADA - 1,228 words
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Page 16 Advertisements
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Advertisement15 2002-04-06 16 W f <*1 HtHWfl i M St Bm- vr-.'ii .Jji* •^•■:-^r i a K£ -ft15 words
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