The Business Times, 26 October 2002
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2002-10-26
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The Business Times
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Title Section13 2002-10-26 1 MITA (P) 010/03/2002 85C THE BUSINESS TIMES weekend SINGAPORE OCTOBER 26-27. 2002 Intern13 words
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303 2002-10-26 1 AP, Bloomberg Reuters [WASHINGTON] Orders to US factories for big-ticket durable goods plunged 5.9 per cent in September, the biggest decline in 10 months, the government reported yesterday, providing further evidence that the economy is struggling to mount a sustainable recoveryAP,; Bloomberg; Reuters - 303 words
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657 2002-10-26 1 Wong Wei Kong - It says Mentor failed to satisfy certain material conditions By Wong Wei Kong [SINGAPORE] What had seemed a happy marriage in June has now turned sour, with US firm Banta Corp set to go to court to terminate its proposed acquisition657 words
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Article, Illustration713 2002-10-26 1 r sivanithy - SATURDAY SOAPBOX Disclosure practices of companies like Ossia and Mentor Media stffl leave much to b« desired r sivanithy Silence is golden, the saying goes. The maxim certainly applies to libraries and movie theatres. But in a deregulated stock market where shareholders need prompt713 words
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Article, Illustration806 2002-10-26 1 Conrad Raj - $278 m tax write-back Helped lift profit, but repeat performance in H2 ruled out Byi Conrad Raj [SINGAPORE] Fuelled by a massive $278 million tax write-back, Singapore Airlines lifted net earnings almost five times to $774 million for the six months toARTHUR LEE - 806 words
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Advertisement170 2002-10-26 1 motoring Can BMWs new Z4 roadster beat Porsche's baxster? p fi£l4 IN THE NEWS Three honoured as Montblanc Businesswomen 2002. MQE« ■"s« IN THE NEWS 03 HDB resale prices higher across the board. NEXT PAGE US sentiment index down in October, Pg 11 even when you're not trading. i t170 words
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Advertisement13 2002-10-26 1 I Fkncy food work at gourmet delis. ■HHESnmoiis jt Jm 111 8 *****413 words
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next page
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507 2002-10-26 2 David Boey - Weaker outlook seen depressing revenue and leading to Q4 loss of USsll4m-USsl 17m Reports by] David Boey CHARTERED Semiconductor Manufacturing yesterday announced its seventh straight quarter of losses and warned that its fourth quarter outlook would be "considerably weaker" than what507 words
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Article, Illustration603 2002-10-26 2 r sivanithy - MARKET REVIEW g r sivanithy THERE'S no question that stockmarket risks and uncertainties are high in this deflationary, probably recessionary, environment. Yet you wouldn't know it to look at the market, which seems to have decoupled from Wall Street and is being603 words
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Article70 2002-10-26 2 STI 1,472.13 (+15.23) ST INDEX FUTURES 1,468.00 (+10.00) SIMSCI FUTURES 18£A0 (+2.40) Friday Change KLSECOMP 655.68 -012 NIKKEI 225 M,***** ***** HANG SENG 9.***** 6495 SET INDEX 348.46 +1.87 JAKARTA ('OMP .353.65 +046 MANILA COMP 1.***** +450 TAIPEI WPI 4.***** 1074 SEOIXCOMP ***** +090 SHENZHEN B ***** 459 AI70 words
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Article70 2002-10-26 2 FOREX RATES US$ S$ I S$ (S$ per I S$| 1.775 £(l'S$/S$ per 15.% 2.759 ElRO(l SS/SS/K) 0.978 I 736 YEN 1235 MM RM Si«0._ 2141 HKS 7.799 4;t94 BAHT 43.45 24.4# RIPIAH 9.247 5^10 PRIME RATES SINGAPORE* 5J25 KIJALA LUMPUR 640 HONG KONG 5.125 JAKARTA ».W TAIPEI 662570 words
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331 2002-10-26 2 [SINGAPORE] Chartered Semiconductor Manufacturing. a loss-making computer chip maker, thought it could stave off retrenchments at the start of the year but made the "unfortunate but necessary" decision yesterday to lay off 7 per cent of its worldwide workforce. In331 words
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637 2002-10-26 2 Vince Chong - But performance not expected to be sustained By Vince Chong (SINGAPORE] Average valuations of Housing Development Board resale flats in Q3 rose across the board for the first time in more than two years, but property agents are not expecting this to637 words
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Article59 2002-10-26 2 In yesterday's report, "SMRT HI profit up 41% on tax write-back", we erred in saying that SMRT's revenue would have fallen to $208 million if Tibs' contribution was excluded. Revenue would actually have increased to $215 million if Tibs' share is excluded. Also, bus ridership grew to 800,000 a59 words
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675 2002-10-26 2 Beth Jinks - The label is likely to remain for a while adding to the cost off shipping, says a brokerage By Beth Jinks [SINGAPORE] Indonesia will retain its costly war-risk zone title "for some time" after seaports across the entire archipelago were declared675 words
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in the news
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240 2002-10-26 3 CREATIVE Technology expects to lose at least US$lO million of Christmas sales revenue because of delays in product shipments caused by the US port lockout earlier this month. And further revenue losses could occur if the situation worsens. The soundcard giant's chief executive, Sim240 words
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525 2002-10-26 3 Serena Ng - Group's USsl.3m operatic profit was at high-end of expectations Reports by Serena Ng lecnnoiogy s shares held steady yesterday after the group posted first-quarter operating numbers that were at the high-end of expectations, although yet another writedown of its investments dragged525 words
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Article, Illustration233 2002-10-26 3 Angela Tan - By Angela Tan Kl Ventures Ltd yesterday said joint venture partner McMoßan Exploration Co is not a related party and that it has no intention to be an energy company. In response to a BT article on Thursday, kl said McMoßanFILE PHOTO - 233 words
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188 2002-10-26 3 Andrea Tan - By Andrea Tan THE Monetary Authority of Singapore yesterday issued new guidelines for substantial shareholders to notify the securities exchange. In a statement on its website, MAS said section 137 of the Securities and Futures Act 2001 now applies to substantial shareholders188 words
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547 2002-10-26 5 Kalpana Rashiwala - July 16-Sept 30 results beat forecasts thanks to rental growth By Kalpana Rashiwala IN its debut results since listing, Capita Mall Trust (CMT) yesterday reported distributable income for unit-holders of $11.03 million for the July 16-Sept 30 period 5 per cent above CMT's earlier547 words
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248 2002-10-26 5 Wong Wei Kong - Public feedback on proposed changes to be given by Nov 8 By' Wong Wei Kong THE Singapore Exchange (SGX) yesterday said it is revising its listing rules to facilitate the implementing of mandatory quarterly reporting. Companies with a market capitalisation above $20 million248 words
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Article, Illustration499 2002-10-26 5 Conrad Raj - By Conrad Raj WHILE many lament Japan's current economic malaise, Carlos Ghosn, the Brazilian-born head of car manufacturer Nissan, is confident Japan will not only continue as the world's second largest economic power but that it will recover and grow. This isARTHUR LEE - 499 words
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Article, Illustration387 2002-10-26 6 Audrey Tan - Malaysia has repeatedly said water pacts would be honoured: MFA By* Audrey Tan SINGAPORE said yesterday that comments by a Malaysian minister who reportedly said that Malaysia was considering a new law that could render its water agreements with Singapore null and387 words
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197 2002-10-26 6 HEALTHCARE group Becton Dickinson and Johns Hopkins Singapore have joined hands to set up a commercial incubator, Bio Venture Centre, to seed medical technology and biotechnology start-ups. The project, Singapore's first corporate biomedical incubator, will be headed by Cathy Park197 words
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379 2002-10-26 6 Genevieve Cua - He wants to woo back by Q460,000 who have opted out By I Genevieve Cua INSURANCE cooperative NTUC Income yesterday said it aims to persuade around 60,000 people to opt back into the severe disability plan, Elder Shield, by the fourth quarter. It said379 words
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Article, Illustration261 2002-10-26 6 Serena Ng - By Serena Ng OMNI Industries' former president of electronics, Khaw Kheng Joo, has been appointed chief executive officer of Mediaßing.com, joining Omni's founder and Mediaßing executive director Koh Boon Hwee in his quest to turn the loss-mak-ing Internet telephony firm around. BT understands that Mr Khaw261 words
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Article, Illustration422 2002-10-26 6 Vince Chong - By Vince Chong A CLASSICAL furniture retailer, a street wear retailer and the woman behind the Guinness advertising campaign featuring George Lam were honoured as Montblanc Businesswomen 2002 yesterday for their accomplishments in the business world. Da Vinci Collections' Doris Phua, 77th Street's Elim Chew, andCHRIS LOH - 422 words
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IN BRIEF
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88 2002-10-26 6 KLW Holdings yesterday said it is in the final stage of negotiations with unsecured banks to restructure its existing loans and will keep shareholders informed of further developments. It also said the company was not aware of any reason for the sharp88 words
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59 2002-10-26 6 TROUBLED construction firm Chew Eu Hock Holdings yesterday said losses for the 12 months ended 31 July was $60 milhon. Loss for the previous 12 months was $26.8 million. Loss per share widened from 19.7 cents to 44.2 cents. Net tangible assets was59 words
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53 2002-10-26 6 U» Ken< Hut act interim pram doubles LOW Keng Huat yesterday said net profit for the six months ended July 31 doubled to $2.5 million. Turnover increased 5 per cent to $85 million. Earnings per share improved to 2.09 cents from 1.01 cents. Net tangible assets per share was unchanged53 words
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Article79 2002-10-26 6 MFS Technology will officially open a new US$l2 million plant in Changsha, China, today. The plant expands its capacity for multi-layer rigid printed circuit boards for both the China and export markets. It said the plant commenced commercial operations in June this year and has79 words
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121 2002-10-26 6 Bloomberg [SINGAPORE) CNBC Asia, a financial news television channel part owned by Dow Jones Co, fired 40 workers, or 23 per cent of its staff, as the station tries to cut costs amid falling advertising sales. As many as 90Bloomberg - 121 words
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429 2002-10-26 6 EYE ON THE ECONOMY manufacturing Reuters EXPANSION in Singapore's manufacturing output is likely to have slowed in September from its recent brisk pace, with the buoyant biomedical sector delivering less growth, economists said yesterday. They said there were signs that electronics outputReuters - 429 words
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Article, Illustration745 2002-10-26 7 Andrea Tan - Tentative climb is first in 2 years; latest URA data also shows office sector still struggling as prices hit 8-year low By. Andrea Tan WHILE private home prices seem to have found their footing with a marginal 0.4 per cent increase in theSource: URA/HDB - 745 words
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Article261 2002-10-26 7 WITH the growing use of business parks, the Urban Redevelopment Authority has introduced them as a new category under its industrial properties segment. Statistics on business parks, which include science parks, were previously subsumed under single-user factory space and multiple-user factory space. Only available and261 words
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313 2002-10-26 7 Investigators rule out design flaw as cause of collapse THE collapse of the rear corridors at a Toa Payoh flatted factory in August was not due to design flaws but mainly the poor construction of the reinforcement bars by the contractor, according to a probe.313 words
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Article, Illustration719 2002-10-26 8 Jennifer Lien - Films making high-value components less hit than consumer electronics makers From, Jennifer Lien in Silicon Valley AS US west coast ports gradually resume operations after a 11-day shutdown, electronics companies are heaving a sigh of relief, but are, meanwhile, preparing alternative plansAFP - 719 words
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579 2002-10-26 9 Jennifer Lien - APEC SUMMIT They also condemn terrorist attacks in Indonesia, Philippines and Russia From Jennifer Lien in Los Cabos, Mexico ASIA-PACIFIC Economic george Cooperation (Apec) ministers have endorsed America's proposal for secure trade and travel, and are recommending that Apec leaders adopt579 words
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IN BRIEF
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93 2002-10-26 9 Bloomberg [JAKARTA] The World Bank and other international donors will meet in Jakarta on Nov 1, to assess the country's financial needs in the aftermath of the bomb attack in Bali two weeks ago, the Indonesian government said. The meeting will discuss additional ftinding,''Bloomberg - 93 words
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77 2002-10-26 9 Reuters [JAKARTA] Indonesia said yesterday it is making some revisions in its draft 2008 Budget due to weaker economic indicators following the Bali blasts earlier this month, and it expects to announce the changes soon. Chid" Economics Minister Dorodjatun Kuntjoro-Jakti also said that a teamReuters - 77 words
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81 2002-10-26 9 AP [JAKARTA] Indonesian police have arrested a second suspect In last month's grenade blast near a house belonging to the US Embassy, authorities said yesterday. Mohammad Thayib was captured on Thursday in a village in Maluku province, Jakarta police chief Makbul Padmanegara said. ThayibAP - 81 words
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89 2002-10-26 9 Reuters [KUALA LUMPUR] The volume of online business transactions is picking up in South-east Asia as the Internet becomes more popular, delegates to a technology conference said on Thursday. Malaysia expects half of its seven million users to transact some form ofReuters - 89 words
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67 2002-10-26 9 Reuters [HONG KONG] China's Brilliance China Auto Holdings Ltd said yesterday it expected final approval soon from Chinese authorities for a Joint venture with Germany's BMW. Also yesterday, a spokeswoman said the company had decided to schedule a special shareholders' meeting to vote on whetherReuters - 67 words
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Article, Illustration376 2002-10-26 9 BILATERAL meetings between A pec member economies were going strong here this week, as free trade agreements (FTAs) gain favour as a means towards greater trade liberalisation. Singapore Trade Industry Minister George Yeo on Thursday met Australian Trade Minister Mark VaileXINHUA - 376 words
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Article314 2002-10-26 9 Tackling deficit by cutting expenditure difficult, says Leung Reuters AFP [HONG KONG] Hong Kong will tackle its ballooning budget deficit problem with economy-boosting measures instead of cutting expenditure, Financial Secretary Antony Leung said yesterday. "It would be difficult to implement certain cost-cut-ting measures because that wouldReuters; AFP - 314 words
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258 2002-10-26 9 Reuters [TOKYO] Toshiba Corp and NEC Corp, Japan's two largest chipmakers, yesterday posted improved second quarter results and left fullyear profit targets intact despite sliding revenues, as restructuring benefits kicked in. Although both companies posted net losses for the latest quarter, the redReuters - 258 words
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467 2002-10-26 9 TELCO WOES HK public offered 5% of a global USs3.6Bb sale Bloomberg [HONG KONG] Fewer than 30 people turned up to collect applications for China Telecom Corp's initial share sale in the half hour after HSBC Holdings Pic opened the doorsBloomberg - 467 words
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459 2002-10-26 9 Analysis applaud move to protect market position [KUALA LUMPUR] Malaysia's top mobile telephone firm Maxis Communications yesterday said it would invest more than RMI billion (***** million) to improve network facilities by the end of this year, Reuters reported. Analysts applauded the459 words
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440 2002-10-26 10 US regulators want them to provide independent research to investors Bloomberg [NEW YORK] Regulators have told Wall Street brokerage firms that they should fund independent securities research to provide investors with stock analysis without conflicts of interest, according to people familiar with the matter.Bloomberg - 440 words
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348 2002-10-26 10 Bloomberg [WASHINGTON] The Securities and Exchange Commission, split along party lines over who should run a new accounting oversight board, was heading for a showdown last night over the top contenders, former FBI director William Webster and retiring TIAA-CREF teachers' pension fund chairman JohnBloomberg - 348 words
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Article, Illustration415 2002-10-26 10 Reuters [BALTIMORE) A former currency trader for Allied Irish Banks Pic pleaded guilty on Thursday to defrauding Ireland's largest bank out of nearly US$7OO million and agreed to help investigators in the ongoing probe. John Rusnak, who worked for Allfirst Financial Inc, AlB's USReuters; AP - 415 words
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349 2002-10-26 10 NYT [WASHINGTON) After four years of piling up budget surpluses, the US government spent US$l59 billion more than it collected during the fiscal year just ended, the Bush administration said on Thursday. Though the administration had forecast in July that the deficit might beNYT - 349 words
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Article, Illustration560 2002-10-26 10 Plans to simplify the 9,500-page code will come after Nov polls Bloomberg [WASHINGTON] US Treasury Secretary Paul O'Neill was once pegged as the cabinet member most likely to depart after the Nov 5 elections but he is making plans for a post-election administration effort toBloomberg - 560 words
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Article, Illustration564 2002-10-26 11 Nikkei and yen gain on talk that Koizumi will soften his stance on steps to deal with NPLs Reuters [TOKYO] Japanese stocks and the yen rose yesterday as speculation grew that Prime Minister Junichiro Koizumi would give in to intense pressure from banks and theirReuters; AFP - 564 words
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243 2002-10-26 11 Bloomberg, Reuters, AP [WASHINGTON] US consumer confidence dropped in October to a nine-year low, a University of Michigan survey showed. The university's final sentiment index fell to 80.6 from 86.1 in September, people with access to the report said. That compared with a preliminaryBloomberg,; Reuters,; AP - 243 words
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407 2002-10-26 11 Analysts cite weak demand for merger advice, bond issues NYT [NEW YORK] Citigroup is planning job cuts in its investment banking and corporate banking businesses, with more than 1,000 employees to be dismissed, according to executives who were briefed on theNYT - 407 words
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Article, Illustration202 2002-10-26 11 Bloomberg [LUXEMBOURG] Europe's top appeals court handed European Competition Commissioner Mario Monti a third defeat in four months, rejecting his veto of Tetra Laval SA's purchase of rival packaging maker Sidel SA. The decision by the Court of First Instance heightens pressure on MrBloomberg - 202 words
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WORLD WATCH
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75 2002-10-26 11 Bloomberg [BOSTON] Billionaire investor Warren Bufifett will resign as a director of Gillette Co after 14 years because of increasing demands on his time as head of Berkshire Hathaway Inc. Berkshire owns about 96 million shares, or 9 per cent of Gillette, making itBloomberg - 75 words
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66 2002-10-26 11 Bloomberg [NEW YORK] American International Group Inc's third-quarter profit rose as the insurer boosted premiums for business, auto and life insurance policies. Net income climbed to US$l.B4 billion, or 70 US cents a share, from U*****.8 million, or 12 US cents, a year ago.Bloomberg - 66 words
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64 2002-10-26 11 Bloomberg [LONDON] UK economic growth unexpectedly accelerated in the third quarter, helped by the lowest borrowing costs in almost four decades. Gross domestic product rose 0.7 per cent, the government said, from 0.6 per cent in the previous three months. Economists had forecast growthBloomberg - 64 words
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Article, Illustration97 2002-10-26 7 MEMBERS of the Science Park community warming up before taking part in the annual road relay, "Run for your life", organised by Ascendas yesterday. The runners included Ascendas CEO Chong Siak Ching (second from left), Reuters Asia director Phil Beagent (No 24-2). Senfab CEOCHRIS LOH - 97 words
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Advertisement1156 2002-10-26 3 c SinGAPORE AIRLinES LIITIITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Singapore Airlines Limited wishes to make the foAowmg announcement: 1 UNAUOfTEO HNANCIAL RESULTS FOR THE SOC MONTHS ENDED 30 SEPTEMBER onn 2 I GROUP THE COMPANY IsT 'ET Total Revenue s p5« q S$M1,156 words
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in focus
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Article, Illustration1099 2002-10-26 4 Conrad Raj - Once dismissed as being in a sunset industry, the company has drawn three suitore By Conrad Raj FOR years steel manufacturing in Singapore has been regarded as a sunset industry. And after Nat Steel Ltd disposed of its two electronics subsidiariesFILE PHOTOS - 1,099 words
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Advertisement877 2002-10-26 4 VOLUNTARY CONDITIONAL CASH PARTIAL OFFER fof BERGER INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) by AMJ Investment Bank ANZ SINGAPORE LIMITED (Incorporated in the Republic of Singapore) for and on behalf of ASIAN PAINTS (INDIA) LIMITED (Incorporated under the laws of India) VOLUNTARY CONDITIONAL CASH PARTIAL OFFER (THE "PARTIAL877 words
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Advertisement1320 2002-10-26 5 sia EriGinEEßinG comPAnY liitiited (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of SIA Engineering Company Limited are pleased to make the following announcement- 1. UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2002 GROUP COMPANY A £^f P Apr-Sap Apr-Sep a?ii Chang# 2002 2001 Chano*1,320 words
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Article4392 2002-10-26 7 Transaction date: Oct 25 for more, go to uwrwxisiaonenrnarketsxarn HONG KONG HKRM1 135 0.02 1387 VeJ Hong Kong Electric .31 JO unch 2065 "O Hongkong Chinese 0.55 inch 332 Hongkong Chinese Lid 0.55 unch 332 *>P t 6 »y > r- 002 unch J*7S Holdings 4 55 -0.054,392 words
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Article5260 2002-10-26 8 Transaction date: Oct 25 for live prices, log on to irwwasiaonemarkets/xmi Ml tar LKtQMOU GrW. Mr GrVW Ml MCm> 1*» CifH Sat. W- rw» m+ Urn —r» j*r Or P* W ABNAmroNLG 56c 9 12 34 141£ 20.5 9 ACE 0ynamks20c 11.5 unch 5 115 11.5 11.5 12-55,260 words
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Article56 2002-10-26 8 ii J* _<*> <»•»«» MM MCaa "T >— 25EH M» w- f»n m+ i— m» cw m >3 I03» 7310 Diamonds US8280 *970 8280 8280 7310 MOO 2700 BDJUSTctfi US2700cdcd 575 555 I5M5C) Spore USSSScdcd I 11 HO (200 ISSAPSOO U*****cdcd ***** S2K SKX6 US8280 Ill 1105 13(356 words
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Article1324 2002-10-26 8 *1. ..011 irnOmM* Grffer Oh) idK 4M MC» Sfe !g C"M'l rww I— 8w»ar Mhr Cw m t3 n 225 AMMdpSc ,3 «j 111 u 115 l2 ,3 245 II APCMSc 17ed uncti 20 17 17 16.5 173 5 11.5 15 *4* 8» S55 14 ASAtfolOc ID *21,324 words
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Article364 2002-10-26 8 SM* lam M toy UAQaott GrtH. 01* 6rTM MM MCa W» to Cl ■<■!! Ml W- f( I—I L— toy S*r Cw M fcj MS 75 AVJennings A25< AB9 -1 1 89 89 88 5 »9 40 3.4 lli 5-2 191* CMhayPacXk HK720 265 2.1 7.4 6 *****2364 words
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Advertisement117 2002-10-26 9 iwP *511 Since 19'5 our worldwide stafi oi i ovcf 275 multi-disciplined professionals 5P including lawyers chartered accountants §> < *L chartered secretaries and bankers have A j| K provided confidential and cost effective company formation in all the major low F tax areas including *t v 2 J 'tUa117 words
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Article3218 2002-10-26 10 UNIT TRUSTS FUNDS Com Global Travel index Fd 0649/ Com S'pore Bond Fund/ A 106V AM Amto AmI Mgl (Vpore) Cradk AgrlcMe AMI Mgt S'pore Ltd StarEurope Eqty!* 1 060V Indocam Asia Vision!" 0.762/0801 Star Europe Bo 1.06V Star Europe Bal 0816/ OK Am! Mgt Star Asian Tiger Eqty 0.667/3,218 words
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Article2261 2002-10-26 11 Transaction date: Oct 25 KUALA LUMPUR Fraser* weave 3 a 0.02 1 Vo4 FSBM 1*2 urtch 0 KM COOO) FWkidustnes *16 unch 0 Gadang AM unch 0 AIM Realty 0*0 -0.01 1 Gamuda 550 0.10 719 Abnc 1.02 -001 16 GanadCorp 0.75 inch 0 ACP Industries 2 92 0.042,261 words
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Article681 2002-10-26 11 Transaction date: Oct 25 Ow» q—tj *Kk mmm W o—» g^, £L._ "2 NjOjwl 50c 043 2 020 -0.010 J?***™, 1-2*) -00 >0 OOC tjl ***** «0 W OwitfcmiCond 2fc 074 O.M0 *0.010 OUf 052 6-200 *0 050 o» ffi, inn srr* MHt 325 OMR* T 25c 0.70 13681 words
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Article570 2002-10-26 11 BONDS WARRANTS Cam tarn 'SS C,m Sd« *m- r—0) tabo Wc« to, Ult AST1*W>***** 1 W 97 057 J8 Acmaltd W*****6 3 1 SO 71S 2.17 25 Amtek W0SQ610 715 3.5 1082 1 33 1.46 32 Armrtrong \M>***** 1 1 10 83 6 00 19 Bar 6NSA09O9O1 10k 10* 8*6570 words
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in the money
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Article456 2002-10-26 12 MONEY TALK A look at the different ways to arrange the ownership of poNcies that cao have an impact on tax and who sets the proceeds LAST week we mentioned that there are legal implications of how insurance can be arranged. With life insurance, for example,456 words
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Article1376 2002-10-26 12 "PIZZA!" shouted the food-loving four-year-old, as we drove past a huge pizza signboard in front of a shopping centre along Bukit Timah Road. "FREE!" added the more literate six-year-old. "Must be a catch somewhere," thought the worldly-wise mother. Sure enough, making the second pass1,376 words
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571 2002-10-26 12 Patrick Peck - Short-covering cited for improvement in S'pore market By Patrick Peck THIS week, we have a total of 32 opinion changes, with 21 upgrades versus 11 downgrades. Last Monday, health and lifestyle products firm Osim International reported a 53 per cent rise in its net571 words
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Article, Illustration1448 2002-10-26 13 teh hooi ling - They arise because of investors' subtle weaknesses or partial blindness to reality; even experts aren't immune teh hooi ling The writer isaßT correspondent and CFA charterholder WAS the recent stock market bubble a result of investors' irrationality or foolishness? Or was it dueSource: InvesTech Research - 1,448 words
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Article886 2002-10-26 12 for week beginning Oct 21 MM m am it ur n iv W M M w MRMMp TMm I i.oToi. ***** tm tm AO* 3M« I 17JBI U» U ML AmttSrp 23-Oct JQ***** 7419 104 049 A*ptal XMap I ***** 2.5301 ta 244L MttHMp 27-S«p I886 words
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Advertisement1295 2002-10-26 13 SATS My (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Singapore Airport Terminal Services Limited (SATS) wishes to make the following announcement: 1. UNAUDITED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2002 THE GROUP THE COMPANY Apr-Sep Apr-Sep Apr-Sep Apr-Sep §£5 2X] Ch t1,295 words
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What's in style motoring
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Article, Illustration1155 2002-10-26 14 CHRISTOPHER TAN - BMWs new roadster has been described as the most driveable and sporty two-seater soft-top in the premium segment CHRISTOPHER TAN checks out the car in Faro, Portugal CHRISTOPHER TAN THE trouble with sports cars is that they have taken on a lot of baggage since their initial intention.1,155 words
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BRAVE NEW WHIRL
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Article, Illustration145 2002-10-26 14 BENTLEY showcased a non-working model of the Continental GT (above) here early this week and roped in more than 30 orders. Considering that test-drives were not possible with the life-size model, that's an excellent response, and equivalent to Singapore distributor Malayan Motors' threeyear salesCHRIS LOH - 145 words
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Article, Illustration94 2002-10-26 14 MG ROVER has unveiled a 465-horsepower twoseater. Called the MG XPower SV, the car achieved 320kmh with ease at recent tests at the Nardo circuit in Southern Italy as fast as the fastest Ferraris and Lamborghinis. On show at the Birmingham Motor Show,94 words
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Article, Illustration173 2002-10-26 14 HOW hot is Nissan's 350Z coupe? According to Nissan Motor chief executive Carlos Ghosn (right), very, very hot. In Singapore for a sell-out talk yesterday, Mr Ghosn said sales in Japan have already outstripped the first-year allocation of 4,000 units in two months since173 words
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Article106 2002-10-26 14 SAAB's 9-5 sedan scored the maximum five stars in the US New Car Assessment Program's (NCAP) crash tests for 2002. The top rating was for the driver and front passenger in a frontal impact crash test. In a non-related report published by the Highway Loss Data Institute106 words
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Article98 2002-10-26 14 CITYCAB'S compressed natural gas (CNG) taxis will be called Cinergy to rhyme with "synergy" and "CNG". TTie first car. a Volvo V70 Bi-Fuel stationwagon, will be making its rounds soon. Equipped with a 73-litre main gas tank, as well as two smaller 13-litre tanks, the Volvo98 words
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Article, Illustration93 2002-10-26 14 CHRISTOPHER TAN - Compiled by CHRISTOPHER TAN VOLKSWAGEN Group plans to manufacture the Audi A 4 in China to confront the arrival of rival BMW, German newspaper Handelsblatt reported. Audi now makes a version of the mid-range A 6 in China. BMW is expected93 words
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Advertisement478 2002-10-26 14 Call tofl-fre* 1800 289 8822 R—ll rccraitO»ph.com.»g IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CHEONG LEONG ENTERPRISES PRIVATE LIMITED (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLI.'NTABV WINDING I P At an Extraordinary General Meeting of the Members of the abovenamed company, duly convened and held478 words
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Advertisement490 2002-10-26 14 In the MoNf of The Compomes Act Cop 50 and In the Mo»r of FINEUNK INVESTMENT PTE LTD (In Members Voluntary liquidation) At on Extraordinary General Meeting of the abovenamed Company duly convened and held ot 2 Hoveloci Rood, #06-08 Apollo Centre. Singapore *****3 on 22 October 2002. the following490 words
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What's in styte travel
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Article, Illustration1169 2002-10-26 15 SERENA NG - SERENA NG gets the royal treatment in Rajasthan, home to India's rulers of yore with grand palaces and majestic forts SERENA NG FEW people would visit India if the whole country was rich and developed, a tour operator explained to me recently. The subcontinent wouldPHOTOS BY SERENA NG - 1,169 words
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611 2002-10-26 15 SERENA NG - By SERENA NG WHAT the pictures of Rajasthan's magnificent forts and palaces can't really show is how the legacy of the former kings called Maharajas continues to live on till this day, especially in the hearts and minds of the people who live in611 words
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Page 15 Advertisements
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Advertisement847 2002-10-26 15 wme&dine with weekendßT 1 %flj&°£™lar ß d, *81-49/50, The Rtverwalk. 10 Coleman SteLTK&tXSS43 SoSSlriiS!?Td. *****411 m jSIa! Level 3. 7 Raffles Boulevard. Ta B^r ,a l I erS 8141 AJa carte buffet lunch and dinner with 68 detectable Dine on the famous Hainaoese chicken rice at the muinaSquare TeL *****788847 words
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What's in styte shopping
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Article, Illustration556 2002-10-26 16 JAIME EE checks out some ghoulish offerings SO it's not quite Christmas, but if you're in the mood for celebrating a great American tradition or at least scaring yourself silly while stuffing yourself with sweet things Halloween's just round the corner. While it's not556 words
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Article, Illustration957 2002-10-26 16 PARVATHI NAYAR - Is hope only skin deep? Clinique's Kenneth Marenus explains how the industry is improving on skincare products, with increasingly sophisticated research and development PARVATHINAYAR reports PARVATHI NAYAR HOPE in a bottle, we suspect, deep down, is really what's contained in those jars of creams and lotions957 words
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IN STORE
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Article, Illustration123 2002-10-26 16 What's new in stores this week They call this the Reserve Lamp. And no wonder, as each of these 26 light bulbs is usable one at a time. Hence, whenever a bulb blows, just use the next one. Plug the socket into any bulb and it lights up123 words
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Article, Illustration143 2002-10-26 16 IF you're often outdoors but shun the unwelcome effects of the sun, here's something you'll surely warm up to: sunscreen towelettes you can keep close at hand all day. Called Sunswipe, these postcard-size packs are so convenient you can even slip them into your pocket. Besides143 words
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Article, Illustration83 2002-10-26 16 For those who work in the city and live in an urban jungle, how about this table-top fountain with a country theme. The hummingbird feature accompanied by the sound of the mini-waterfall will "transport" even the most die-hard citydweller to the great outdoors within their own83 words
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Article127 2002-10-26 16 MIKE CHUA - CompUedby MIKE CHUA TamtfHn Malt: Wine Fair by Tanglin Market Place (Oct 25-27 at basement 1 atrium); Children's Book Gift Fair by The Tango Mango Bookshop (Oct 25 to Nov 4, level 1 atrium); and Sale of Shoe Soles by 2ft Orthotics (Oct 25 to Nov 3,127 words
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Article, Illustration463 2002-10-26 16 JAIME EE - By, JAIME EE THE one question you don't want to ask a Vertu sales assistant is how many free SMS messages you get, nor how many minutes of free talk-time. In fact, you might not want to walk into its space-age premises in the Paragon463 words
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What's in styte the arts
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Article574 2002-10-26 17 CHEAH UI-HOON,AARON LYE - A weekly roundup of events Compiled by CHEAH UI-HOON,AARON LYE Cream of the crop CREAM displays an exhibition of large works in oil on canvas by Australian artist Richard Hassell and strong minimal furniture designed by Berlin-based designers eIS. Singapore-based Hassell's painting, produced over eight years, range from574 words
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Article, Illustration817 2002-10-26 17 PARVATHI NAYAR - Chandrasekaran S presents a collection of drawings that explore the intimate relationships between body and space. By PARVATHINAYAR PARVATHI NAYAR CUBOID forms with legs, animal-hu-man hybrids, mul-ti-limbed figures suggestive of Hindu iconography: these are some of the provocative imagery seen in akasa, the first-ever exhibition of drawings by817 words
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Article, Illustration620 2002-10-26 17 KANNAN CHANDRAN - KANNAN CHANDRAN finds Greek tenor Mario Frangoulis waiting in the wings of the contemporary classical hit stage KANNAN CHANDRAN THE years on stage show through in Mario Frangoulis's singing. It might take some time for this to sink in as his exotic looks tend to620 words
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Page 17 Advertisements
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Advertisement65 2002-10-26 17 Ten pairs of tickets to Mario Frangoulis' private showcase on Oct 30,8pm at Singapore Repertory Theatre are up for grabs when you answer the followingWario Franco*** duets wHh Justin Hayward on his new Aum, Sometimes I Dream True or False? Email your answer by noon Monday, Oct 28 to sg_goodies@sonymusic.com.65 words
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Page 17 Miscellaneous
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Miscellaneous263 2002-10-26 17 CRYPTIC CROSSWORD ACROSS 3 H° w precious, endless HIT IH? 6 Aoamaraderie students may 4 s!ea^ 9 b y 4 her Don t movel 8 and^^ eamottier9 Yes— 5 They're sure to live longer 12 Maybe practise it 8 jjjjfjj badly loaded into 13 ISS?d t jS 9htiSa9 f,Witha 10263 words
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What's in style
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Article, Illustration1550 2002-10-26 18 GEOFFREY EU - Gone are the days when you had to smuggle fancy oils and exotic sausages in your luggage on the way home from overseas. Fresh horseradish cream, hard-to-find cheeses and ready-made stuffed quail is right here on the shelves of a few specialty food shops that have openedPHOTOS BY CHRIS LOH AND ARTHUR LEE - 1,550 words
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