The Business Times, 11 January 2003

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

Microfilm: NL24932
Total Pages: 18
1 18 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    10 1 THE BUSINESS TIMES weekend SINGAPORE JANUARY 11-12, 2003 MITA(P) 010/03/2002
    10 words
  • Article, Illustration
    Lock icon NatSteel goes to 98 in photo finish
    1248 1  -  Ong Beng Seng camp bags 50.31% in white-knuckle build-up to close of general offer By{ Catherine Ong, Serena Ng [SINGAPORE] After a nailbiting, down-to-the-wire finish, 98 Holdings won control of NatSteel Ltd, clinching 50.31 per cent of the company and just enough to
    1,248 words
  • Article, Illustration
    Lock icon Where the girls aren't — and why
    645 1  - Where the girls aren't and why SATURDAY SOAPBOX kenneth james SOMEONE wrote recenUy: "Anyone who has ever tried to pry (sic) a girl offline knows that girls like computers. They just don't understand how they work." Let me hasten to add that the writer was female Karen Stabiner, writing for
    645 words
  • Article
    Lock icon Flemming Jacobs to get $4.3m payout from NOL
    334 1  -  Many had expected him to receive as much as $25m Byi Andrea Tan [SINGAPORE] After rife speculation that ousted Neptune Orient Lines group president and CEO Flemming Jacobs would receive a compensation package of as much as $25 million, the Singapore national
    334 words
  • Article
    Lock icon Advanced Micro, UMC dismiss talk of dropping S'pore project
    698 1  -  But analysts stay sceptical after partners call off a technology tie-up programme From] Macabe Keliher in Taipei CHIP giants Advanced Micro Devices and United Microelectronics Corp insist their joint-venture project in Singapore is still on. But analysts doubt the venture scheduled
    698 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • next page
    • Article, Illustration
      Lock icon A quiet start as house traders rule
      654 2  -  MARKET REVIEW r sivanithy THE local stock market started the first full trading week of the New Year on a soft note by dropping to a 15-month low, but managed to end the week on a high note with the Straits Times Index
      654 words
    • Article
      Lock icon MARKETS
      71 2 «n 1,347.17 (+12.08) ST INDEX FUTURES 1*343.00 (+9.00) SIMSCI FUTURES 165.40 (+1.90) Friday Otiui£f KJ.HK(1 Ml 1 ®&Jtt <024 NIKKB £S> K,47l» »6 */.«< HAND MOM AT 21.Ml. 461» sit index mx< I.fil JAKARTA I WjI»«7 OM MANILA OIMP l«**l .2S!W taiph wn aj&m .***** SKirtruDMr _«3n.i* SHKJCOIKN H
      71 words
    • Article
      Lock icon FINANCE
      69 2 FOMEX RATES USI s$ I SS) I 7» ffllWSpcrl).. l.fiM *7*4 IJM 1JG7 YKN 119.7 RM SUM 1IM HKJS 7TM <W KAlfT 42 Ht 24 fit RI HAM KWI km PUNK RATES StMIAIYMti* 525 ki'au umnr* «4v HONG K< »%0 6 «NI JAKARTA »UU taii-KI lam IWtYO 1,175 tmot'ii
      69 words
    • Article, Illustration
      Lock icon Bush plan won't boost economy: ex-Clinton aide
      673 2  -  USs67ob economic stimulus plan will just return the US to the escalating budget deficits of the 1980s: Laura Tyson Bui Chuang Peck Ming {SINGAPORE] Don't expect President George W Bush's "growth and jobs" stimulus plan to breathe more life into the US economy
      ARTHUR LEE  -  673 words
    • Article
      Lock icon US job losses hit 101,000 in Dec; jobless rate stays at 6%
      625 2 Bush teNs Congress to approve tax cut plan to boost growth [WASHINGTON] US payrolls fell by 101,000 in December, the most since February, and the unemployment rate stayed at 6 per cent as companies focused on cutting costs.
      625 words
    • Article
      Lock icon Big Blue offers leasing of supercomputing time
      702 2  -  New high-end IBM service aimed at big organisations By Raju Chellam [SINGAPORE] Big companies and research institutes in Singapore can now lease supercomputing time via a high-end service that IBM Corp has just introduced worldwide. A large bank, for example, can save millions
      702 words
Page thumbnail Page 3
  • in the news
    • Article, Illustration
      Lock icon DBS more than meets capital ratios
      543 3 It manages to exceed regulatory requirements after paying HK$ 15.3b for remaining stake in HICs Dao Heng Bank DBS Group Holdings has managed to maintain capital ratios above regulatory requirements after paying HKSIS.3 billion (553.4 billion) for the remaining stake in Hong Kong's Dao
      FILE PHOTO  -  543 words
    • Article, Illustration
      Lock icon Ex-DBS man to head OCBC's IT, backroom ops
      252 3  -  By R Sivanithy OCBC Bank has roped in a former DBS private banking chief, John Dahlberg, to head its group operations and technology. In a statement, OCBC said Mr Dahlberg will be responsible for managing the bank's entire back-room and IT operations.
      FILE PHOTO  -  252 words
    • Article
      Lock icon DBS not bidding for Bank Danamon
      434 3 I bra's sale of stake in Indonesia's No 5 bank to raise 3.5t rupiah SINGAPORE'S DBS Group Holdings has not bid for a controlling stake in Indonesia's fifth-largest lender Bank Danamon as suggested by a news report yesterday, sources close to DBS said last
      434 words
    • Article
      Lock icon Int'l Press Softcom raises red flag, warns of loss
      201 3  -  By David Boey YESTERDAY saw yet another profit warning this time from computer services firm International Press Softcom Ltd (IPS). IPS said it is expecting a loss for FY2002, joining a growing list of companies forced to revise projections because of
      201 words
    • Article
      Lock icon Listing fee a very small component of IPO cost: SGX
      386 3  -  |MAI L B A G Charles Sng Vice-President Corporate Communications Singapore Exchange I REFER to the Hock Lock Siew commentary "Why SGX should not have raised fees" (BT, Jan 3). The article raised the concern that revisions to the listing
      386 words
    • Article
      Lock icon Backdoor listings not easier than via IPOs
      231 3  -  Alan Shaw Executive Vice-President Head, Risk Management and Regulation Singapore Exchange WE refer to the Hock Lock Siew commentary "Backdoor listings should not escape strict disclosure rules" (BT, Jan 9). We disagree with the assertions that the requirements for a backdoor listing are
      231 words
    • Article, Illustration
      Lock icon SIA can be optimistic about 2003, says chairman
      324 4 But it must keep eye on costs and security in face of competition, Koh Boon Hwee tells staff. Bloomberg SINGAPORE Airlines Ltd, Asia's most profitable carrier, can be "optimistic" about 2003, though it must continue to control its costs and beef up
      Bloomberg; FILE PHOTOS  -  324 words
    • Article, Illustration
      Lock icon Temasek now a substantial shareholder of Hyflux
      348 4 tt has control of more than 5% after a private placement GOVERNMENT investment arm Temasek Holdings is now officially a substantial shareholder at Olivia Lum's water-treat-ment specialist Hyflux. A statement from Ses-daq-listed Hyflux last night said Temasek has control of more than 5
      HIE PHOTO  -  348 words
    • Article, Illustration
      Lock icon Chartered shares up on hopes of more orders from AMD
      194 4 Bloomberg CHARTERED Semiconductor Manufacturing Ltd shares rose yesterday on speculation that the company may get more orders from US chipmaker Advanced Micro Devices Inc (AMD). AMD announced yesterday that it had ended one of three alliances with Taiwan's United Microelectronics
      Bloomberg; Source: Bloomberg  -  194 words
    • Article
      Lock icon Reprieve for Excel on judicial management plan
      319 4  -  By Michelle Quah A MAJOR creditor bank has pulled out of a joint petition to place Excel Machine Tools under judicial management, enabling the pre-cision-tool maker to to continue as a viable business for now. The joint petition, served on Nov 29, 2002
      319 words
    • INBRIEF
      • Article
        Lock icon Yuanta raises Kim Eng stake further
        85 4 TAIWANESE broking giant Yuanta Core Pacific Securities has further upped its stake in its Singapore strategic partner, Kim Eng-Ong Asia. It bought another 69,000 shares yesterday at an average price of about 78 cents, raising its stake in Kim Eng to 20.27 per cent
        85 words
      • Article
        Lock icon Asia Power takes stake in Shenzhen Nari
        71 4 ASIA Power Corporation has completed the purchase ofa 35 per cent stake in Shenzhen Nari Technologies from Asia Technologies Ltd. The stake in Shenzhen Nari, a power-related technology company in China, is worth some $3.7 million. Following the purchase, Asia Tech has been
        71 words
      • Article
        Lock icon SNP to dose Suntec City store
        84 4 SNP Corp Ltd said yesterday it plans to close its largest myepb bookstore in Sun tec City by June this year to arrest losses in its Singapore market. The publishing houses added that it has started co-publishing projects in China as it expects the
        84 words
      • Article
        Lock icon Eastern Asia completes revamp
        59 4 EASTERN Asia Technology Ltd yesterday announced the completion of an internal group restructuring exercise of its speaker systems division on Dec 31 last year. It said the restructuring was done to streamline its business structure by bringing the manufacturing and trading arms of the group's speaker
        59 words
      • Article
        Lock icon Two Norelco directors quit
        28 4 NORELCO Centreline Hldgs Ltd announced the resignation of Tan Ah Seng and Lim Teck Yong as directors of the company with effect from yesterday.
        28 words
    • Article
      Lock icon Improvements in workers' lot
      412 5  -  EYEONTHEECQNOMY By) David Boey A SURVEY by the Ministry of Manpower (MOM) shows that employees enjoyed improvements in work-week patterns, flexible work arrangements and annual leave in 2002. MOM said yesterday that data for its Conditions of Employment Survey was drawn from returns from 2,600 private
      412 words
    • Article, Illustration
      Lock icon Don't let terrorists hijack us: MPs
      641 5  -  S'poreans should dose ranks as terror is national issue By David Boey SINGAPOREANS will have to close ranks and prepare for a long struggle against foreign elements who may try to use terror to cause rifts in society. This was the view of community
      FRANCIS ONG/ST  -  641 words
    • Article
      Lock icon BCP: the (business) show must go on
      263 5 A REITERATION of support for Singapore's financial sector. That was the initial market reaction to the Monetary Authority of Singapore's (MAS) consultation paper, released yesterday, on proposed business continuity planning (BCP). This is aimed at encouraging the "adoption of sound BCP practices by
      263 words
    • Article
      Lock icon Give local architects a hand: Liu
      417 5  -  RSP director says govt must help home-grown talent build up brand names in Singapore before they can confidently venture abroad Byi Audrey Tan PROMINENT local architect Liu Thai Ker has suggested that the government help architects and planners in Singapore to build up their
      417 words
    • Article, Illustration
      Lock icon Deals expected from Goh-Thaksin talks
      421 5  -  Fromi George Joseph in Phuket, Thailand PRIME Minister Goh Chok Tong, accompanied by three Cabinet ministers, arrived on the Thai resort island of Phuket yesterday for an informal three-day summit with his Thai counterpart Thaksin Shinawatra. Although billed as a "brainstorming among friends", the summit
      AFP  -  421 words
    • Article
      Lock icon Trade team to leave for Pakistan
      126 5 THE Singapore Confederation of Industries and the International Trade Institute of Singapore have jointly organised a trade mission that leaves this weekend for Pakistan. The 17-member group is led by Dr Toh See Kiat, former Member of Parliament and president of the Singa-pore-Pakistan Development
      126 words
    • Article, Illustration
      Lock icon Disney to start building HK park
      563 7 Tomorrow's groundbreaking will offer temporary relief to worries that it will give priority to a rival protect in Shanghai AFP [HONG KONG] Disney will start building its Hong Kong theme park tomorrow, offering temporary relief to worries that the giant entertainment corporation will give
      AFP; REUTERS  -  563 words
    • Article
      Lock icon Renong, Universal still mulling theme park
      283 7 Bloomberg RENONG Bhd said it is still in talks with Vivendi Universal SA on developing South-east Asia's first Universal Studios theme park, allaying concerns negotiations that began 17 months ago have broken down. "We're still in discussions; we're always in contact with them," Abdul
      Bloomberg  -  283 words
    • NOTEBOOK
      • Article
        Lock icon Philippines may buy oil from Russia
        66 7 Bloomberg {MANILA] The Philippines may buy fuel from RAO Rosneft, Russia's state-owned oil company, because the country wants to diversify its energy sources in anticipation of a possible US strike on Iraq. Philippine Energy Secretary Vince Perez said Rosneft executives met government officials in
        Bloomberg  -  66 words
      • Article
        Lock icon HK to scrutinise analyst research
        78 7 Bloomberg [HONG KONG] Hong Kong's securities regulator may tighten rules relating to the publication of research reports in Hong Kong, following investigations in the US into possible conflicts of interest by stock analysts. Hong Kong's Securities and Futures Commission is asking all securities dealing and
        Bloomberg  -  78 words
      • Article
        Lock icon Ball's Air Paradise to take off on Fob 16
        59 7 Bloomberg [MELBOURNE] Air Paradise International plans to begin flights from its base in Bali in February, four months after a bombing on the island forced it to postpone start of operations. Air Paradise will have its first flight on Feb 16
        Bloomberg  -  59 words
      • Article
        Lock icon Malaysia's Pernas takeover concluded
        73 7 Reuters [KUALA LUMPUR] The takeover of Malaysian hotel and property group Pernas International Holdings by a firm controlled by businessman Syed Mokhtar Alßukhary has been concluded, chairman Megat Najmuddin Khas said yesterday. A controlling block of Pernas shares representing 32 per cent of the company changed
        Reuters  -  73 words
      • Article
        Lock icon Indonesia cuts taxes on consumer foods
        65 7 Bloomberg [JAKARTA] Indonesia cut taxes on television sets, refrigerators, mobile phones and other consumer goods classified as luxury merchandise, to help businesses cope with increases in fuel, electricity and telephone costs. The government would sacrifice 6 trillion rupiah (511.2 billion) in tax revenue this
        Bloomberg  -  65 words
      • Article
        Lock icon Khazanah says RM1b bond plan is on track
        61 7 Reuters [KUALA LUMPUR] Malaysia's government investment arm Khazanah Nasional yesterday said a planned RMI billion (*****.6 million) bond sale was on track, despite some delay in issuance. It had planned to sell the bonds by the end 0f2002. "We have not cleared
        Reuters  -  61 words
    • Article, Illustration
      Lock icon Arroyo unveils economic reforms to woo investors
      574 7  -  They include lax incentives for buying NPLs, anti-graft law From* Al Labita in Manila VOWING to shun politics, Philippine President Gloria Arroyo yesterday unveiled what she called "bold and powerful" economic reforms to woo back foreign investors and boost growth. These include a
      AP  -  574 words
    • Article
      Lock icon New Malaysian investment firm starts work
      342 7 It helps push stock index to biggest gain in a month Renters [KUALA LUMPUR] Malaysia's newest investment firm, armed with RMIO billion (554.5 billion), began buying shares yesterday, helping to propel the Kuala Lumpur market's benchmark stock index to its biggest gain in a
      Renters  -  342 words
    • Article
      Lock icon Thai Airways eyes low-cost airline
      182 7 Bloomberg [BANGKOK] Thai Airways International said it may set up a low-cost airline based outside Bangkok as part of the government's policy to get more people flying to underused regional airports. The new airline will offer low-fare flights from Chiang Mai in the north and
      Bloomberg  -  182 words
    • INBRIEF
      • Article
        Lock icon No plans for HK sales tax: Tung
        93 8 Bloomberg [HONG KONG] Hong Kong Chief Executive Tung Chee-hwa reiterated that the government has no plans to impose a sales tax even as the city faces a record HK$7O billion (5515.6 billion) budget deficit for the year to March 31. "A sales tax
        Bloomberg  -  93 words
      • Article, Illustration
        Lock icon Investment change for Indian mutual funds
        71 8 Bloomberg [NEW DELHI] India plans to allow domestic mutual funds to invest as much as US$l billion in equities overseas, Finance Minister Jaswant Singh said, as the government seeks to make the rupee more freely convertible. Individuals and companies will also be permitted to
        Bloomberg  -  71 words
      • Article
        Lock icon Tine for some last-minute cramming
        54 8 Reuters [BEIJING] Chinese students were busy reading their notes before an examination in Beijing yesterday. China now claims to have the largest educational system in the world. According to the National Bureau of Statistics, 1.35 million schools had been established, and 320 million people were
        Reuters  -  54 words
      • Article
        Lock icon Infosys' Q3 profit up 24%
        77 8 Bloomberg [BANGALORE] Infosys Technologies Ltd, India's second-largest software exporter, said third quarter profit rose 24 per cent from a year earlier as it added 23 new clients in the period. Net income rose to 2.56 billion rupees (SI92.2 million), or 36.7 rupees a share, for
        Bloomberg  -  77 words
      • Article
        Lock icon China sets rules on stock trading fraud
        76 8 Reuters [BEIJING] China's Supreme People's Court issued 27 regulations on stock trading fraud arising from false reporting by listed companies, the official Xinhua news agency said on Thursday. Chinese judges have been hit by an avalanche of about 900 fraud cases, of which
        Reuters  -  76 words
    • Article
      Lock icon Recovery seen for China's battered stock markets
      728 8 New government and regulator may spur the market in the second quarter, analysts say Reuters [SHANGHAI] China's shares, struggling to recover from three-and-a-half-year lows, are unlikely to recover before the second quarter of 2003 at the earliest as a bulging IPO pipeline and
      Reuters  -  728 words
    • Article
      Lock icon HP to move more work to India, China
      130 8 Bloomberg [LONDON] Hewlett-Packard ,Co, the world's third-largest computer services company, will move more consulting and integration work to countries where costs are lower, including India and China. "India will play a significant role in the new HP, as well as China," said
      Bloomberg  -  130 words
    • Article
      Lock icon Shanghai to allow large stock trades
      105 8 Bloomberg [SHANGHAI] The Shanghai Stock Exchange said it would allow investors to make larger-than-average stock trades from yesterday, in another step to bring China's premier equities market in line with global exchanges. The large transactions, where the size of shares changing hands exceeds the
      Bloomberg  -  105 words
    • Article
      Lock icon China glass firm sets up HK plant to beat dumping charge
      397 8 Windscreen maker Xinyi, others faced punitive US tariffs Reuters (HONG KONG] In a bid to avoid possible anti-dump-ing charges by the US and other countries, a major Chinese autoglass maker has set up a factory in Hong Kong, bucking
      Reuters  -  397 words
    • Article, Illustration
      Lock icon N Korea pulls out of nuclear arms treaty
      610 9 Korean, Japanese stocks fall on the news; Pyongyang says it will reconsider decision iff US resumes supply off fuel oil Bloomberg AFP AP Reuters [SEOUL] North Korea has pulled out of a global treaty on nuclear arms control, calling the decision a
      Bloomberg; AFP; AP; Reuters  -  610 words
    • Article, Illustration
      Lock icon Demonstrating the value of racial integration
      1076 9  -  WRITER'S JOURNAL karim rasiam AS THE Malaysian government wrestles with the challenge of increasing racial polarisation, poli-cy-makers would be well-advised to talk to people like Theva an ethnic Indian, English-language lecturer whose career I have been tracking over the years. Theva (not his real
      1,076 words
    • Article, Illustration
      Lock icon UN arms officials criticise Iraq
      579 10 They, however, say no 'smoking gun' has been uncovered to show a resumption off the weapons programme Reuters [UNITED NATIONS] Top UN arms officials delivered tough criticism on Iraq's record of cooperation but said they had uncovered no "smoking guns" showing Baghdad had resumed clandestine
      Reuters; AP  -  579 words
    • Article
      Lock icon Call to tap Iraq's oil to pay for occupation
      381 10 Such a US move would be highly inflammatory in the Arab worid LATWP [WASHINGTON] Bush administration officials are seriously considering proposals that the United States tap Iraq's oil to help pay the cost of a military occupation, a move that is
      LATWP  -  381 words
    • Article
      Lock icon Seagate springs surprise 60% rise in Q2 net
      505 10  -  Fromi Jennifer Lien inSiluxm Valley DISK drive maker Seagate Technology trumped analysts' expectations in its first set of results since returning to the public markets, achieving a 60 per cent earnings rise to 43 US cents per share in the second quarter
      505 words
    • WORLDWATCH
      • Article
        Lock icon Wachovia to buy Prudential's brokerage
        95 10 Bloomberg [NEW YORK] Wachovia Corp, the fourth largest US bank, is in talks to buy Prudential Financial Inc's securities unit, a purchase that would almost double its brokerage, people familiar with the negotiations said. The acquisition would create a new company with more than 13,000
        Bloomberg  -  95 words
      • Article
        Lock icon Shareholders seek control of Adelphia
        78 10 Bloomberg [NEW YORK] Adelphia Communications was sued in US bankruptcy court by shareholders who say they want to wrest control of the cable TV company from the "continued domination" of its indicted founder, John Rigas. An equity shareholders committee wants a bankruptcy judge to order
        Bloomberg  -  78 words
      • Article
        Lock icon AOL Time Warner to spin off cable TV in Q2
        77 10 Reuters [NEW YORK] A top AOL Time Warner executive told investors on Thursday the media company hoped to spin off its cable television operations during the second quarter as part of its effort to begin paring down its weighty debt
        Reuters  -  77 words
      • Article
        Lock icon Aussie Nov trade deficit hits A$101b
        67 10 AFP [SYDNEY] Australia's trade deficit blew out to its highest level in more than two years in November as the worst drought in a century slashed farm exports. Figures released by the Australian Bureau of Statistics showed the November trade deficit, allowing for seasonal
        AFP  -  67 words
      • Article
        Lock icon Bid on Goodman Fielder to go ahead
        91 10 Bloomberg [SYDNEY] Burns, Philp Co agreed to amend some conditions of its hostile A 52.4 billion (552.4 billion) bid for Goodman Fielder Ltd, clearing an obstacle to acquiring Australia's biggest breadmaker. The nation's Takeovers Panel turned down a request by Goodman Fielder to
        Bloomberg  -  91 words
      • Article
        Lock icon Vodafone to buy back 6b euros of bonds
        49 10 Bloomberg [NEWBURY, England] Vodafone Group, the world's biggest mobile phone company, said it offered to buy back as much as 5.96 billion euros (5510.9 billion) of its bonds to cut short-term debt and save almost 1.3 billion euros in interest. Bloomberg
        Bloomberg  -  49 words
      • Article
        Lock icon GM pension costs to triple to US$3b
        89 10 Reuters [DETROIT] General Motors Corp said on Thursday that its pension costs will triple to US$3 billion this year after assets in the fund, hammered by three years of stock market declines, fell short of anticipated obligations by US$l9.3 billion in 2002. GM
        Reuters  -  89 words
    • Article
      Lock icon Bid US$1m now and fly later in your strap-on aircraft
      668 10 Reuters [SAN FRANCISCO] It's a bird! It's a plane! It's a strap-on flying machine. And it could be yours on eßay for US$l million with just one catch you have to agree not to use it. Designers of a personal
      Reuters  -  668 words
    • Article, Illustration
      Lock icon Sony Music chairman quits to start his own label
      568 10 Successor expected to be named within the next few days Reuters [LOS ANGELESI Thomas Mottola, the 52-year-old recording mogul who helped launch such stars as Jennifer Lopez and ex-wife Mariah Carey, has resigned as chairman and chief executive of Sony Music
      Reuters; AP FILE PHOTO  -  568 words
    • Article
      Lock icon Intel hopes fastest isn't always the best
      142 10 AP (LAS VEGAS] In a break with its tradition of making ever faster computer processors, Intel Qirp's newest chip, dubbed Centrino, will be slower than current processors, while giving future laptops longer battery life and built-in wireless networking capabilities. Speaking at the International
      AP  -  142 words
    • Article, Illustration
      Lock icon US regulators to release findings of bank probes
      498 11 They may help investors suing Wall St firms and their analysts over bad stock picks Reuters [NEW YORK] Disgruntled investors suing Wall Street firms over bad stock picks will soon get a windfall, as state regulators including New York's Eliot Spitzer will
      Reuters; REUTERS  -  498 words
    • Article
      Lock icon Putin, Koizumi agree to cooperate on oil pipeline
      349 11 Pipeline from Siberia to Far East will reduce Japanese dependence on Mid-East oil Bloomberg AFP (MOSCOW] Russian President Vladimir Putin and Japanese Prime Minister Junichiro Koizumi signed an agreement yesterday to cooperate on a proposed 4,000-kilometre pipeline to export oil from Siberia
      Bloomberg; AFP  -  349 words
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      110 3 pfi r feV; SmeSleMl W% rromiuupßiD new lamps, find them alt in The Strolls Times Classified. Buy It Sc« It Find It Since 1975 ow worldwide staff 2 ?c i mu'ti-disciplined professionals •<"" including lawyers chartered accountants JK cha'terea secretanes and barkers have y p'cvided confidential and cosl elective i
      110 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      472 4 Front CDs to cor accessories. And them aU in The Straits laSl Times Classified. Buyits*itfindit BLUE BOX TOY FACTORY PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY given pursuant to Section 308 (2) of the Companies Act, Cap. 50 that the Final Meeting of Members of the abovenamed Company will
      472 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      11 4 Lianhe Zaobao B I 4#iSA« I I «flii#*tt(sfe*£ I I I
      11 words
Page thumbnail Page 5
  • Article, Illustration
    Lock icon FINANCE
    1016 5 Transaction date: Jan 10 DfTERBAWK CROSS RATES r 1 as c$ 9* tM* m m> fcpi* *m wm m m m* n» n —< «r m —i nmt m tartrate 0395 4.791 MM 1503 ***** SL5S7 0391I UOi 2J94 L092 ***** 30.914 1304 4.910 0303 ***** 2471 0359 03J7
    1,016 words
Page thumbnail Page 6
  • in focus
    • Article, Illustration
      Lock icon Exciting times ahead for Indon telecoms
      1508 6  -  With a low base and a vast market the archipelago has a lot of potential but there are also pitfalls to be aware of, says SHOEB KAGDA SHOEB KAGDA INDONESIA'S telecommunications industry is in a state of flux. While investors are literally beating down
      REUTERS  -  1,508 words
  • Page 6 Advertisements
Page thumbnail Page 7
Page thumbnail Page 8
Page thumbnail Page 9
  • Article
    Lock icon KLSE
    5 9 Transaction date: Jan 10
    5 words
  • Article
    Lock icon SGX
    658 9 Transaction date: Jan 10 tmAmmm 1 q— O—t m*mm ■> Om» O—t CAC 142 3.320 *0.120 NaQMtt 040 2570 *0010 CapflaLand 1.11 1.000 *0020 OCBC MM *0.100 Owl SanaCcnd 2fc a 70 0J15 *0440 QUI 054 5500 a+omm i.» «Jto «owo mm) m bc as O77o «um omomT2Sc an
    658 words
  • Article
    Lock icon BONDS & WARRANTS
    507 9 BONDS WARRANTS Lax M CM* bm Owe om—tt emm *0m W m u» AST1VKM0621 173 1 148 0.77 17 Aona Ltd WQ***** 15 1 50 692 433 22 AmM* W*****0 7*5 15 43 1 33 141 29 Amwrong W040S20 15 1 10 109 357 16 Bar 6NSA*****110k W3 i**ti 60
    507 words
Page thumbnail Page 10
Page thumbnail Page 11
  • Article
    Lock icon SGX MAINBOARD
    15 11 Transaction date: Jan 10 for live prices, log on to wu m 'iisiaonemarketsxxmi
    15 words
  • Article
    Lock icon SGX XTRANET
    62 11 IM M tar GfOfe Mr btW M MCm i— nil s*» w- f—| l— Warm M» cv m fcJi ***** (9 Diamonds US113 4500 8720 S340 2700 IS DJ US Tech US3740 575 55S ISMSOSpot* US55S 11M0 UOO ISSAPSOO US8270 ***** mo SPORS US82S0 1WS 1310 ST1E7T too
    62 words
  • Article
    Lock icon SGX SESDAQ
    1401 11 U* Last M Day IMQmI GrOn On CfYM MM MCap L— ciwpni M» W- (1 W# l— Pay S+m Cm M J 22 9 ABRHIdgs5c 11 >5 115 212 24-5 15 APOI5C 17.5 *1 95 175 17.5 16.S 18 5 11.5 14 7.4 154 545 14 A5 Auto
    1,401 words
  • Article
    Lock icon CLOB INTERNATIONAL
    329 11 524* UM Omf MQMt Otto M» GftM MM WCm u» s*» *4- rm <■» t— —y w» cw w M US 10 AVJennin®A25c A96 5 *1 78 97 96 95 5 96 5 40 3.4 W.4 56 2077 C*h*Pac20c MK720 265 2 1 7.4 6 2*MJ Cheung KongSOc
    329 words
Page thumbnail Page 12
  • in the money
    • Article, Illustration
      Lock icon Asset valuation more an art than science
      1173 12  -  SHOW ME THE MONEY It very much depends on how the analyst interprets the information to arrive at the inputs for the models teh hooi ling HOW much are Chartered Semiconductor shares worth? $15? $5? Or 50 cents? Just two years ago, Chartered
      1,173 words
    • Article
      Lock icon Another quiet week with just 15 call changes
      378 12  -  MFS Tech among 9 upgrades after it announced record order book for HI By] Patrick Peck The author is the vice-presidentfor the Paris-based JCF Group THIS week was as quiet as the one before, with only 15 recommendations nine upgrades and six
      378 words
    • Article, Illustration
      Lock icon Broke? HDB offers a safety net
      618 13  -  The new HDB financing rules can help those living in private homes with a roof over their heads when they go bankrupt, not once, but twice Reports by Siow Li Sen FACING financial ruin and wondering what's going to happen to your home or
      FILE PHOTO  -  618 words
    • Article
      Lock icon Making sense of the HDB home loan mayhem
      753 13 If it's savings you're after, wait for more promotions. Or else, go with a familiar lender HDB home loan borrowers must be pretty happy as well as confused by the myriad offers and constant revision of packages from banks and finance companies
      753 words
    • Article
      Lock icon Don't be duped by talk of 'concessionary' rates
      649 13  -  COMMENTARY by siow li sen A BANKER said: "It's amazing. They don't even know what rate they are paying or care. We have to be careful in explaining how our interest rates make a difference." Up to now, HDB flat buyers haven't
      649 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    47 12 UNIT TRUSTS FUNDS LEGEND All prim arc indicative eacept tor In WngQit «JMU *roe<*y Di»enifted. I Narrowly Focused; Lower Risk. a low to Medium HsfcS Medium to High tek'-Hiaher *ak.l open-ended:♦ Mare suMwßonot units: After euMvWon of units after stock split: N-A Won Deefcng Bey Boor Masio.flS
    47 words
Page thumbnail Page 13
  • Article
    Lock icon BT SHARE INFORMATIOM SERVICE
    1844 13 for week beginning Jan 6 Mat Mm EPS Date TV IT IT IT Ciwpir mm g»> (ctrt W M&akie Tech 23-Dec I 3.3151 ***** 0.7* 0371 A* Ocean 19-Dec I 3 058 1 785 0.72 0.47 AS Auto 30-0* I 23 741 0.177 18.11 0.13 Aswtravel
    1,844 words
Page thumbnail Page 14
  • what's in style motoring
    • Article, Illustration
      Lock icon Flight of Phantom
      833 14  -  The all-new Rolls-Royce limousine harks back to the marque's glory years, with a dash of BMW engineering brilliance, reports CHRISTOPHER TAN CHRISTOPHER TAN THE new Rolls-Royce Phantom is set to be the costliest production sedan to bear the Spirit of Ecstasy. At a pre-tax price of 320,000
      833 words
    • Article, Illustration
      Lock icon Manual version of Boxster to be available
      360 14  -  BRAVE NEW WHIRL Compiled by Christopher Tan PORSCHE distributor Stuttgart Auto will soon offer for the first time a manual version of the popular Boxster. Priced at an "affordable" $260,000 some $40,000 lower than the automatic roadster the six-speed twoseater convertible is set
      BIG FISH PUBLISHING  -  360 words
    • Article, Illustration
      Lock icon Toyota's Vios targets younger buyers
      493 14  -  From\ Samuel Ee in Bangkok THE name Vios is supposedly derived from Latin, meaning "to move forward", and Toyota certainly hopes to accomplish that in terms of market share. Made in Thailand as part of its globalisation strategy, the four-door sedan shares the same Yaris/Echo
      ARTHUR LEE  -  493 words
    • Article
      Lock icon Out of Thailand— with panache now
      469 14  - Out of Thailand with panache now By < Christopher Tan TOYOTA and Honda initiated made-for-Asia cars back in the early *****. The idea was to make no-frills vehicles out of Thailand, aimed at entry-level car buyers in the region. And because of that premise, the first Toyota Soluna and Honda
      469 words
    • Article
      Lock icon New City no longer a poor man's Honda
      328 14  -  By Arthur Lee THE Honda City, introduced in 1997, was viewed as the poor man's alternative to the Civic. With a substantially lighter price tag, the Thai-made car suited those seeking an entry-level Honda just fine. A VTEC version in 1999 helped
      328 words
Page thumbnail Page 15
  • what's in style travel
    • Article, Illustration
      Lock icon Playing it sale in Vietnam
      797 15  -  The country's near-absence of Muslims and its orderly communist society are drawing security-conscious tourists, reports KEITH BRADSHER KEITH BRADSHER NYT A GENERATION after a war that made its jungles and rice paddies famous as places of violence and death, Vietnam is now relying on its
      NYT; AFP PHOTOS  -  797 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      334 15 wine&dine with weekendßT #01-187 Suntec City Tower 3,3 Temasek Boulevard. Tel. *****550 Its cosy ambience with soft lighting, contemporary setting and exemplary service makes Blue Ocean Bar Restaurant the ideal place to relax and dine. Experience a wide selection of Italian and Western cuisine at affordable prices. A! fresco dining
      334 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 2
      409 15 ordered with your Diners Club Card. Complimentary desserts limited to a maximum of six per table. No splitting of tables and bills. Qraai Plaza Paftosyal 10 Coleman Street. Tel: *****543 A la carte buffet lunch and dinner with 68 delectable Cantonese dishes prepared by our Hong Kong chefs at Hua
      409 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 3
      638 15 10 Tuas West Drive. TeL*****288 Special doubleboiled soups and six other dishes from weekday set lunch menu at only $22.80. MvaraM* tedoaMhn IMamt SOJtierchant Road #01-04 Riverside Paint (opp Clark Quay) TeL *****383/*****590. Check out its Charcoal BBQ Combination (non-spicy) at $38—a combination offish, squid, chicken, satay thet srdealfor three
      638 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      256 15 CRYPTIC CROSSWORD ACROSS CMd British coin found in Afn- n —i —i p HB —R R 1 Ik»fS2MSIw Sk,nhead, a*""* apeak to the wt- M M"— s dS»M l l) ,oVereeeStePro 6 Doubtless pertaining to the register initially (8) "3" 10 A court I have found to be sonabte pnce
      256 words
Page thumbnail Page 16
  • what's in style shopping
    • Article, Illustration
      Lock icon Cosmetic changes
      790 16  -  As the beauty market gets ever more competitive, French skincare brand Biotherm enters the fray with a new makeup line targeted at the younger set CORINNE KERK finds out more CORINNE KERK TIMES are getting tougher," says Jean-Christophe Jourde, the young and hip-looking international development manager of French
      ARTHUR LEE  -  790 words
    • Article, Illustration
      Lock icon Beauty goes skin deep
      705 16  -  Cosmetics heavyweight Bobbi Brown launches a skincare line to match its range of feel-good, easy-to-wear beauty products. PARVATHINAYAR reports PARVATHI NAYAR BRAND leverage is the name of the beauty game, and why not? Bobbi Brown has a global presence as subtle, easy-to-wear makeup. Inevitably, perhaps, the
      705 words
    • INSTORE
      • Article, Illustration
        Lock icon Little luxuries
        56 16 Who says you can't find a branded bargain at Palais Renaissance? Elegant Etro men's ties and ladies' scarves, from Italy, are on sale at 50 per cent off the $144 price tag. The silk ties (above) and silk chiffon scarves come in a variety of designs but project
        56 words
      • Article, Illustration
        Lock icon As trendy as A-B-C
        4 16
        4 words
      • Article, Illustration
        Lock icon Sweetness and light
        3 16
        3 words
      • Article, Illustration
        Lock icon Just adorable
        51 16 Table-top fountains with rock formations are in abundance, but one that features two adorable puppies? Sure to charm even non-animal lovers, the China-made set comes with a motor and a pump regulator that allows you to adjust the flow of water. Available at $89.90 at Astoria, including Tanglin
        51 words
    • Article
      Lock icon Events
      420 16 Plaza Singapura and Funan The IT Mall As part of the Lunar New Year celebrations, 10 young Wushu champs from China will be displaying their wushu skills. Most of these performers are tops in the various categories in the recent China National Wushu Junior Championship. There will be three
      420 words
Page thumbnail Page 17
  • what's in style art
    • Article, Illustration
      Lock icon Drawn to architecture
      836 17  -  An exhibition of the architectural drawings of acclaimed Sri Lankan architect Geoffrey Bawa provides valuable insights into his creative processes. GEOFFREY EU takes a look GEOFFREY EU ONE of the first things the unpracticed eye notices about the works on display at Geoffrey Bawa Drawings an exhibition
      836 words
    • Article, Illustration
      Lock icon Roam with a view
      624 17  -  By Cheah Ui-Hoon IT all began with his scooter. Photographer Frank Pinckers' interestingly "circular" perspective in his photographs, that is. "That's where it all started. The round mirror on my scooter," he says about Encircle, his debut art photography exhibition in Singapore and Asia. A commercial
      624 words
    • Article
      Lock icon ARTbeat
      495 17 A rounckip of events Singapore's 'Nanyang* art in Japan IN one of the more significant overseas exhibitions of Singapore art of its kind, the Fukuoka Asian Art Museum showcases 48 works by 13 of Singapore's "Nanyang" artists. In the museum's Modern Art series, the focus is on works created
      495 words
    • Article, Illustration
      Lock icon Modern mating rituals explored
      481 17  -  Byi Aaron Lye MODERN Dance For Beginners is a rather deceptive name for a production that has hardly anything to do with dancing, of the conventional kind at least. But for the most part, the deception is deliberate since it works as a euphemism for one
      FILE PHOTO  -  481 words
Page thumbnail Page 18