The Business Times, 29 July 2000

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Microfilm: NL21888
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MITA (P) 035/12/1999 85C SINGAPORE SATURDAY, JULY 29, 2000 Internet: http://business-times.asial .com.sg/
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  • Article
    Lock icon MARKET SUMMARY
    74 1 □sn mm (-18.00) 792J6 (-7.38) St INDEX FUTUBES 2,042 (-25.00) □sneanmnuss ***** (-3.60) STOCK MARKET INDICES Friday Change KLSE OOMP 799.09 -&72 NIKKEI 225 16JB38J? ***** RANG SENG 17,18JJ3—-286.16 SET INDEX ***** -2J2 JAKARTA OOMP _49&88 -0J8 MANILA OOMP _J,4I7.06 -11.82 TAIPEI WPI 8,122.11—+166.83 SEOUL COMP 692.66 CLSA
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  • Article
    Lock icon FINANCE
    74 1 FOBEX BATES ust ss US$ 1-733 £(US$/S$ aer liU EUBO(US&/S$/E) -0.929 1.609 DM 11« L1M YEN 10&9 1.691 rm tmo 11» HKS 7.798 4.H1 BAHT 4153 23J« RUPIAH 833S 8.019* St to U>o units PRIME SATES SINGAPORE* 5.80 KlIALA LUMPUR 7.67 JAKARTA 39.00 BANGKOK 9.50 MANILA 11.00 HONGKONG 8.50
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  • Article, Illustration
    Lock icon Q2 private housing prices rise marginal 1.4%: URA
    848 1  -  It's the smallest quarterly increase since market bottomed in late 1998 By] Kalpana Rashiwala [SINGAPORE] Latest official figures show that private home prices continued to consolidate, rising by only 1.4 per cent in the second quarter over the previous three months the
    Source: HDB  -  848 words
  • Article
    Lock icon S'pore economy to grow by 8.4% in 2000: NTU
    653 1  -  Early signs of nncompetitiveness are emerging By- Anna Teo [SINGAPORE] For many, the recent economic recession has hardly faded into the distant past. But already, with the economy rebounding at full steam and wage pressures piling up, talk of "uncompetitiveness" has
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  • Article
    Lock icon SingTel profit holds up despite liberalisation
    664 1  -  Data and Internet services important growth area for telco By\ David Boey [SINGAPORE] Singapore Telecom is holding its own in the face of full competition. In its first quarterly results for the period ended June 30, three months after the start of full liberalisation
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  • Article, Illustration
    Lock icon Cool and Glassy
    39 1 [SINGAPORE] A celebrity the new Mercedes-Benz C<lass —is in town and almost2,ooo people turned up last night at Suntec City to greet her. Or it, to the rest of us. Full story, Page 7. ARTHUR LEE
    ARTHUR LEE  -  39 words
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Clueless
        264 2 WE get many gems sent to us via the Internet. This one we must pass on to our readers: Once upon a time, there was a shepherd looking after his sheep on the edge of a deserted road. Suddenly, a brand new Jeep Cherokee screeches to a halt next
        264 words
      • Article
        Lock icon Cyber-bunkum
        114 2 ALL this high-tech stuff is supposedly time-saving and, better yet, allows bank customers to do their banking chores at all hours. But only if it works well; otherwise, it's really bunk, according to one irate reader. He sent us the following complaint about a local bank's cyber-offering. The service
        114 words
      • Article
        Lock icon Scared off
        117 2 ACCORDING to a little booklet from property consultants Knight Frank, ghosts were sold as part of the fixtures and fittings in haunted English homes. Among the spectres they've proudly sold are a group of French nuns who haunted a vegetable garden, and two elderly women who were murdered
        117 words
    • Article
      Lock icon SocGen Asia's capital market team here depleted by resignations
      669 2  -  |:ii exclusive Top brass flying in from HK to soothe nerves and keep operations going Ven Sreenivasan [SINGAPORE] Almost the entire Singapore-based team of SocGen Asia the investment banking arm of French financial powerhouse Societe Generale has resigned in recent months,
      669 words
    • Article, Illustration
      Lock icon S'pore firms missing out on top talent: BG Yeo
      599 2  -  The question is how to change internal cnltnre, CEOs told By Audrey Tan [SINGAPORE] Singapore companies are not aggressive enough in competing for top talent, Trade and Industry Minister George Yeo said yesterday. BG Yeo related how in recent conversations with
      FILE PHOTO  -  599 words
    • Article, Illustration
      Lock icon Madam Wong's moving to new premises
      468 2  -  Dispute with landlord over rent and renovations By Conrad Raj [SINGAPORE] One of the most popular night spots in Mohammed Sultan Road is moving after a dispute with its landlord over rent and other issues. Madam Wong's hasn't decided on new premises, but owner
      CHRIS LOH  -  468 words
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  • FOCUS property
    • Article
      Lock icon Private home prices poised to head higher
      739 3  -  A robust economy and pent-up demand are just some of the reasons why amy khor believes prices may rise from the last quarter's plateau AMY KHOR The writer, who is head of research at Knight Frank, contributed this article toBT THE official figures
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    • Article, Illustration
      Lock icon HDB resale prices dip in Q2, the first in over a year
      865 3  -  Bnt prices up 10.6% compared to the same period a year ago By Andrea Tan FOR the first time in over a year, resale prices for Housing and Development Board flats fell, and is likely to stay down
      865 words
    • Article, Illustration
      Lock icon Office and retail rents move ahead
      706 3  -  Commercial and industrial space up 11.5% while retail space rises by 6.8% By) Marissa Chew COMMERCIAL and industrial properties are proving to be the proverbial slow and steady tortoises, racing ahead with price gains while the residential property sector, which hopped ahead last year,
      Source: URA  -  706 words
    • Article, Illustration
      Lock icon Far East nudged out of list of top home sellers
      443 3  -  By: Marissa Chew FOR the first time in a long while, none of Far East Organization's (FEO) whollyowned properties has made it to the quarterly private residential property best-seller list. Far East, Singapore's largest property developer, only made an appearance
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  • SINGAPORE companies
    • Article
      Lock icon Beating the telco fight club
      668 4  -  With a 13.3% quarterly earnings rise, SingTel's helmsmen must feel vindicated by its regional accomplishments, says teh hoox una TEH HOOI LING LEE Hsien Yang must have felt decidedly vindicated yesterday when he unveiled a better-than-expected 13.3 per cent rise in Singapore Telecom's net earnings
      668 words
    • Article, Illustration
      Lock icon Smooth operator
      475 4  -  CORPORATEircHTta jaime ee COMCENTRE's 32nd floor has a breathtaking view of the city. So much so that you wonder if SingTel's chief executive Lee Hsien Yang ever sneaks up here early in the morning, looks far into the horizon and thinks: "Another day, another connection!" It's a cheery
      475 words
    • Article
      Lock icon RMG bags $50m contract
      129 4 FORMER DBS banker Tan Soo Nan has joined Raffles Medical Group yesterday as an independent director. Mr Tan, 52, a banker with 29 years' experience, will also be a member of the company's audit committee. He is now chief executive of Temasek Holdings subsidiary Temasek Capital,
      129 words
    • Article
      Lock icon DBS shares slip 3.2% after results
      536 4  -  By I Siow Li Sen DBS Group Holdings shares fell yesterday with investors apparently unimpressed by the bank's first-half results and the sale of problem loans at its Thai unit. DBS announced a 7.5 per cent higher half-year net profit of $704 million on
      536 words
    • Article
      Lock icon Local banks should not repeat errors of banks abroad
      751 4  -  ifrTHH locksiew paul thompson CONFRONTED all at once with new threats foreign competition, market liberalisation and market maturity Singapore's banks appear to be struggling to formulate strategies that the market finds convincing. For many, the solution lies in the "m" word
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    • Article, Illustration
      Lock icon Over 1,000 descend on new C-class launch
      514 7  -  Merc distributor CCL sees 1,000 bookings in next few weeks Ry Christopher Tan MOTOR group Cycle Carriage Ltd unveiled the new Mercedes-Benz C-class last night and is confident of securing 1,000 bookings for it in the next few weeks. The whopping figure would
      ARTHUR LEE  -  514 words
    • Article
      Lock icon Analysts expect $70m-72m CCL interim profit
      461 7 AFX-Asia CYCLE Carriage Ltd is expected to report on Tuesday an interim net profit before extraoradinaries of $70 million to $72 million, supported largely by contributions from its Singapore automotive distribution business and initial contributions from PT Astra International, analysts said yesterday. Cycle Carriage
      AFX-Asia  -  461 words
    • Article
      Lock icon Vicom buys AA inspection business
      338 7  -  By Joyce Koh VICOM expects its share of the vehicle inspection market to rise from 20 to 60 per cent if it succeeds in acquiring AA Vehicle Inspection Centre. The company also expects its revenue to rise 50 per cent, under an agreement the two
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    • Article, Illustration
      Lock icon PSA launches $600m corporate bond issue
      469 8  -  Issue is PSA's second tranche and biggest sale of corporate bonds in Singapore By\ Serena Ng PSA Corp yesterday launched a $600 million 10-year domestic bond issue Singapore's largest sale of corporate bonds so far. Comprising the second tranche of PSA's debt-issue programme, the
      FILE PHOTO  -  469 words
    • Article
      Lock icon Acma's Nasdaq unit begins trading under new name
      251 8 ACMA Ltd said yesterday Pacific Net.com has completed the reverse takeover of Acma's associate Creative Master. With the deal completed, Nasdaq-listed Creative Master will become a wholly-owned subsidiary of Pacific Net. It also started trading yesterday as PacificNet with Acma's interest diluted
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    • Article
      Lock icon Khong Guan posts 65% higher earnings
      217 8 KHONG Guan Flour Milling yesterday reported a 65.8 per cent increase in net profit to $2.6 million for the year ended April 30. But it warned profit in the current year would be lower. Difficult trading conditions due to low commodity prices and un
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    • COMPANY Briefs
      • Article
        Lock icon SIA Engineering's CFO quits
        46 8 SLA Engineering yesterday said its 9enior vice-president (corporate finance) and chief financial officer, Isaac Koh Poo Huat, has resigned. His last day of service was yesterday. Mrs Kwok Puay Nee, the current vice-president finance, has taken over as acting chief financial officer.
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      • Article
        Lock icon Osim IPO 5.5 times subscribed
        108 8 OSIM International's IPO closed on Thursday with a subscription rate of 5.5 times. The company had offered 58 million shares, comprising 38 million new shares and 20 million vendor shares. The public portion of 5.8 million shares at 52 cents each drew 4,663 applications seeking
        108 words
      • Article
        Lock icon Ezyhealth launches Malaysian website
        104 8 MALAYSIANS can now access localised medical, health, fitness and beauty related information via a new health portal www.ezyhealth.com.my. The health portal was officially launched yesterday in Kuala Lumpur by Chua Jui Meng, the Minister of Health of Malaysia. The site is focused primarily on building online
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      Lock icon Page 4 Advertisements Column 1
      743 4 osim) OSIM INTERNATIONAL LTD (Incorporated in the Republic of Singapore on 27 August 1983) INVITATION IN RESPECT OF 58,000,000 ORDINARY SHARES OF $0.05 EACH ("INVITATION SHARES") COMPRISING 38,000,000 NEW SHARES AND 20,000,000 VENDOR SHARES AS FOLLOWS:(A) 5,800,000 OFFER SHARES AT $0.52 FOR EACH OFFER SHARE BY WAY OF PUBLIC OFFER;
      743 words
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      566 5 Our in-house R&D prowess has enabled Strotech Systems to stay fieri portfolio of proprietary products svstem* including e-commerce facilities for education service providers ahead of the competition. Jhe systems we develop are unrcjue and '.n/i 's .tide and vendors. SrnorTown currently hosts an online international allows us to patent our
      566 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Chuan Soon Huat wrt: tough case for buy or punt
      196 6  -  WARRANT WATCH By' Ven Sreenivasan THE warrant of timber products specialist Chuan Soon Huat was the top percentage gainer yesterday as it leapt 37.5 per cent or three cents to 11 cents. A total of 10,000 units changed hands. This
      196 words
    • Article
      Lock icon Untitled
      482 6 Sloefca Voluma EuYanSang 5c 21,139,000 Econ Intl 20c 18,685,000 NeraTeJ5c 13,382,000 IPC020C 10,848,000 Briefley NZ10c 8,780,000 FHTK HkJgs 20c 8,653,000 Trek 5c .8,568,000 Chip EngSeng 5c 8,503,000 Liang Huat 10c 8,043,000 AddvalTech 2.5c 7,795,000 Stock* Chart Semiconductor 26c *****,976 PacificCeotury 60,634.500 DBSGrp 54,560,990 NatElec 10c 26,288,428 SPH 21,473,969 ST Assembly
      482 words
    • Article, Illustration
      Lock icon Electronics stocks hit by Wall Street's tech jitters
      522 6  -  -I i comment STOCKS ven sreenivasan Electronics stocks led the Singapore market down yesterday after earnings-triggered turbulence on Wall Street. Dealers said sentiment turned increasingly cautious after a 3.7 per cent tumble on Nasdaq overnight, sparked by profit warnings from tech companies.
      522 words
    • Article, Illustration
      Lock icon Nera all set to surge further
      238 6  -  HOT STOCK Byy Ven Sreenivasan THE stock of Nera Telecom was among the top gainers yesterday, rising seven cents or 6.9 per cent to $1.08. The normally illiquid stock was the third most active with 13.4 million units traded, almost six times higher than
      238 words
    • Article
      Lock icon Market Notices
      138 6 ♦CARNAUDMETALBOX Asia will be trading ex-dividend (interim dividend of 2.5 cents net of tax) on Aug 2. Last day for buying-in on a cum basis is on Aug 7. Date payable is on Aug 22. ♦LIM Kah Ngam announced Ivy Soh has resigned as company secretary and Anne
      138 words
    • Article, Illustration
      Lock icon Short-term S$ gains limited by worries aver yen
      344 6  -  hi I comment CURRENCIES larry wee THE US dollar traded briefly below 551.73 yesterday, the first time in almost two months, but Sing gains appeared to be capped by another sharp fall in the Nikkei and the Thai baht's sharp U-turn downwards.
      Source: Reuters  -  344 words
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      17 6 r r I J>>. 7^5Business £ki*s? http://business-times.asial.com.sg Before you travel, make a note of our website address
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      Lock icon Page 6 Advertisements Column 2
      50 6 (YOU CAN NOW PUT YOUR I CPF SAVINGS IN EIGHT. important All applications tor units in eigiu must be made on the application forms accompanying the prospectus investors must read the prospectus The value of the units and the income fromthem may fail as M wellasnse >I<i H'.siv -i i
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  • Page 7 Advertisements
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      403 7 M .—The Business Times Gianfranco Ferre briefcase y Ready Credit Aceouiit Gianfranco note-pad Gianfranco Ferre m Gianfranco Ferre deck top clock Gianfranco Ferre I photo frame News you can use. Cash you can use. Call Now! 328 3730 Hotline Hours: Mon Fri 8.30 am 6.00pm Of Sat Sun &30am 3.00pm
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  • Article
    Lock icon BT SHARE information service
    4724 8 Net Mm EPS MMI Mar 30 I 0.621 7.643 a 13 1.70 Oat* TY LY TY LY Magnacomp Mar 15 P 14.730 24.205 7.40 12.1 Company ann ($m) <Sm) <et«» (et«) Madtacs USS Mar 20 P 3.617 0.772 118 OH Mant or Madia Jun 09 P
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  • SINGAPORE news
    • Article
      Lock icon Info-comm workers: plenty more needed
      263 9 SINGAPORE has to hire tens of thousands more info-com-munications workers to meet its needs in the next 10 years, a minister said yesterday. Minister of State for Communications Information Technology Lim Swee Say said the present 93,000 workers would have to be increased to 250,000.
      263 words
    • Article
      Lock icon It's not only the economy, stupid...
      558 9  -  ontneeconomy By, Anna Teo READING the economy, or making sense of policy makers' economic manoeuvres, can, even on a good day, be a tricky business. But when economics is mixed with politics, it can be downright confusing. The US economy, the epitome of a
      558 words
    • Article, Illustration
      Lock icon Nod for 2nd-storey retail links between buildings
      435 9  -  URA will now allow links with retail space bigger than buildings' approved GFA By Marissa Chew FROM today, building owners in the Orchard Road area may build second-sto-rey links between their buildings with retail space bigger than the buildings' approved gross floor area
      435 words
    • Article
      Lock icon Performance-based building code from 2001
      269 9 THE Building and Construction Authority (BCA) will introduce a performance-based building code next year to make the regulatory framework more flexible and transparent. It will replace the current prescriptive building regulations, requiring designers only to comply with the broad goals of the codes. The designers
      269 words
    • Article, Illustration
      Lock icon Commuters, watch out for the first issue of Streats on Sept 4
      379 9 STREATS, Singapore Press Holdings' free morning tabloid for commuters, will hit the streets on Sept 4. Advertisers will pay a base rate of $10.50 per column centimetre to place an ad in Streats, compared with $35.16 for The
      ST  -  379 words
    • Article
      Lock icon Pidemco, MCL Land units in two e-business ventures
      392 9  -  By David Boey BRICK and mortar specialists, Pidemco Land and MCL Land, yesterday unveiled two new ebusiness ventures set up by their subsidiaries that should help home owners breeze through cyberspace using broadband network infrastructure. The e-ventures will provide the infrastructure and
      392 words
    • Article
      Lock icon JTCi to help develop major industrial park in Beijing
      220 9  -  By Tay Hong Seng JTC International, a name often associated with Suzhou Industrial Park, moved further into the Chinese market yesterday with the signing of a memorandum of understanding with the Beijing Economic and Technological Investment Development Corporation. The document outlines
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  • e-NEWS
    • Article
      Lock icon Finnish group Sonera up for sale at US$36b
      514 10 LONDON Deutsche Telekom, France Telecom and KPN among the companies interested FT SONERA of Finland, one of Europe's most innovative telecommunications groups, is to put itself up for sale with a price tag of at least US$35 billion (5560.7 billion). If the
      FT  -  514 words
    • Article
      Lock icon Nortel, Corning break merger talks
      398 10 TORONTO USSIOOb price tag was too mnch for Corning, say sources FT NORTEL Networks and Corning, the fibre-optic networking equipment makers, have terminated discussions that could have led to a US$lOO billion (Ssl73 billion) takeover of Corning. Nortel, the Canadian maker of communications equipment, had
      FT  -  398 words
    • Article
      Lock icon Nortel buying Alteon for US$7.8b
      130 10 OTTAWA Reuters NORTEL Networks said yesterday it had struck a US$7.B billion (5513.5 billion) allstock deal to buy Alteon WebSystems, the latest in a string of acquisitions for the world's No 2 network equipment supplier. Nortel will offer Alteon shareholders 1.83 Nortel shares for each
      Reuters  -  130 words
    • Article
      Lock icon Music portal urges stay on judge's closedown ruling
      436 10 NAPSTER'S HIIIW. MUJ. I SAN FRANCISCO Company call on users to stage a 'buycott' Reuters NAPSTER Inc, the online site started by a teenager that challenged and terrified the record industry, asked for an emergency stay on Thursday to block a judge's
      Reuters  -  436 words
    • Article, Illustration
      Lock icon Distraught music fans jam website after closure order
      486 10 SAN DIEGO NYT DISTRAUGHT music fans jammed Napster on Thursday, a day after a federal judge ordered the leading Internet music-swapping site to close in order to protect copyrighted material. "Oh my God, they killed Napster." wailed a visitor to a Napster
      NYT; AP  -  486 words
    • Article
      Lock icon US govt, Net advertisers in deal on info gleaned from web surfers
      470 10 WASHINGTON NYT IN what both sides hailed as a big step in online privacy protection, the US government reached agreement Thursday with a group of Internet advertisers on how they will glean information from web surfers and what
      NYT  -  470 words
    • e Briefs
      • Article
        Lock icon Japanese mobile tracking venture set up
        98 10 AFX-Asia [TOKYO] NTT DoCoMo Inc, Mitsui and Co Ltd, NEC Corp and three other companies have set up a joint venture to provide tracking data for mobile communications users, the six companies said yesterday. NTT DoCoMo has a 59 per cent stake in the
        AFX-Asia  -  98 words
      • Article
        Lock icon M'soft, Intel to provide Lycos platform
        62 10 AFX-Asia [REDMOND, Washington] Microsoft Corp and Intel Corp said on Thursday that they had agreed to provide Lycos Inc with a primary technology platform for its Lycos Network. Terms of the deal were not disclosed. Also, Microsoft and Intel announced an e-business alliance to
        AFX-Asia  -  62 words
      • Article
        Lock icon Cisco to acquire NuSpeed in stock swap
        121 10 Reuters [SAN JOSE, California) Cisco Systems Inc, the largest maker of computer networking equipment, said on Thursday that it would acquire NuSpeed Internet Systems, whose technology links storage networks with communications networks, in a stock swap worth US$45O million (Ss7Bo million). It is
        Reuters  -  121 words
      • Article
        Lock icon Egg posts £80.7m interim loss
        78 10 Daily Telegraph [LONDON] Egg, the Internet bank, gave the first signs yesterday that the price war it unleashed may have become more vicious than it had bargained for, after announcing results which disappointed the City and sent shares to a new low. In the half-year
        Daily Telegraph  -  78 words
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      185 10 ■H k>. i-,i 11 U'i <JC 1 fwMi 1 if i PAY $148, GET $741 IN VALUE FOR just $148, readers who subscribe to six months of The Business Times, and open a Citibank Ready Credit account at the same time, will get a Gianfranco Ferre briefcase and desktop set
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  • REGIONAL news
    • Article
      Lock icon Malaysia Airlines may spin off money-losing domestic routes
      425 11  -  Focus on int'l routes can very quickly close gap on SIA: report From Eddie Toh in Kuala Lumpur THE Malaysian government may spin off Malaysia Airlines' loss-making domestic operations to spruce up the national carrier for the entry of a foreign partner.
      425 words
    • Article
      Lock icon M'sia 1999 external surplus jumps 28%
      116 11 KUALA LUMPUR Reuters MALAYSIA posted a current account surplus of RM10.7 billion (554.9 billion) in the fourth quarter of 1999, compared with RM13.2 billion in the same quarter of 1998, the Statistics Department said yesterday. The current account surplus in 1999 rose by 28.1
      Reuters  -  116 words
    • Article
      Lock icon KL to decide on petrol subsidy only after thorough study
      276 11 KUALA LUMPUR Reuters THE Malaysian government will conduct a comprehensive study on whether or not to reduce its subsidy on petroleum products, Prime Minister Mahathir Mohamad said yesterday. He said the government would also study the impact of an increase
      Reuters  -  276 words
    • MARKET moves
      • Article
        Lock icon Tech share selling continues unabated
        90 11 Reuters TECHNOLOGY share selling continued on the KL bourse yesterday as Nasdaq's losses exacerbated fears of a further sell-off in global tech shares. The technology sub-index KLTE, also hit by jitters over a possible global slow-down in personal computer sales and lower-than-expected earnings from chip
        Reuters  -  90 words
      • Article
        Lock icon Exuniq to sell MBA stake to Allianz
        84 11 AFX-Asia AMSTEEL Corp Bhd said its unit Exuniq Sdn Bhd had entered into an agreement to sell its entire 31.57 per cent stake in Malaysia British Assurance Bhd (MBA) to Allianz AG for RM129.335 million (5558.9 million) in cash. MBA shares closed 50
        AFX-Asia  -  84 words
      • Article
        Lock icon Malakoff to build power plant
        38 11 Reuters MALAYSIAN independent power producer Malakoff Bhd said yesterday it has been granted approval by the government to build a 430-megawatt power plant in Perak. Its shares closed 5 sen lower at RM9.65.
        Reuters  -  38 words
    • Article
      Lock icon EU trade chief calls for new round of global trade talks
      558 11  -  By Vikram Khanna A NEW round of global trade talks would be in the interests of the European Union and Singapore and help Asia push through painful but necessary economic reforms, EU Trade Commissioner Pascal Lamy said last night.
      558 words
    • Article, Illustration
      Lock icon Malaysian technology stocks down 20% for the week
      492 11 KUALA LUMPUR Reuters MALAYSIAN technology shares have tumbled by 20 per cent this week but analysts say the sharp correction and strong earnings growth could lure back investors. At current valuations, the shares are considered cheap compared to their regional peers, although
      Reuters; AP  -  492 words
    • Article
      Lock icon Asean's fate may depend on Bangkok voters
      1037 11  -  WRITER'S! Ml I «iM I karim raslan Karim Raslan is a KL-based lawyer and author IN the past week, several seemingly unconnected events two in Thailand, and one each in the Philippines and Indonesia suggest an infinitely more complicated future for Asean. The
      1,037 words
    • Article
      Lock icon Sichuan offers local investors projects worth US$500m
      234 11  -  It needs investments to help develop tourist facilities By Tay Hong Seng SICHUAN Provincial Tourism Administration hopes to attract about US$5OO million (SsB62 million) in overseas investment to develop visitor facilities. The deputy director of Tourism Administration of Sichuan, Cui Zhiwei, said yesterday
      234 words
    • Article, Illustration
      Lock icon Speaker warns Gus Dur to pull up his socks – or else
      541 12 Speaker warns Gus Dur to pull up his socks or else JAKARTA Amien predicts that the political age of 6ns Dor may not last mnch longer Reuters THE head of Indonesia's top legislature has warned that President Abdurrahman Wahid may not last long and has given him just a few
      Reuters; FILE PHOTO  -  541 words
    • Article
      Lock icon Indonesia moves closer to Suharto graft trial
      166 12 JAKARTA Reuters A FORMAL letter of graft charges against Indonesia's ailing former President Suharto detailing misuse of some US$55O million (*****.6 million) has been sent to prosecutors, pushing him one step closer to trial. "The letter stipulates that Suharto is charged with criminal
      Reuters  -  166 words
    • Article, Illustration
      Lock icon ... and given a new home to boot
      79 12 and given a new home to boot Saved from extinction... [BRISBANE] Muddie, a four-month-old orphan koala whose mother was killed in a dog attack, on Thursday resting in a boot at the home ofVicki Pender, south of Brisbane. Ms Pender has been caring for orphan koalas for over five years
      AFP  -  79 words
    • Article
      Lock icon DPR must okay asset sale: Kwik
      149 12 JAKARTA AFX-Asia COORDINATING Minister for Economy, Finance and Industry Kwik Kian Gie said a proposal by the Indonesian Bank Restructuring Agency (Ibra) to sell Salim group's assets held by Holdiko Perkasa must be approved by the lower house of parliament, the People's Representative Council
      AFX-Asia  -  149 words
    • Article
      Lock icon BOT will refrain from intervention...
      412 12 SINGAPORE Even though present baht weakness not justified, says deputy governor Reuters THAILAND'S improving economy does not warrant a weak baht, but the central bank would only intervene in case of excessive volatility in foreign exchange markets, deputy governor Tanya Sirivedhin said yesterday. Asked about
      Reuters  -  412 words
    • Article
      Lock icon Imelda hired gang to recover billions: report
      291 12 HONGKONG Bounty banters said to be promised 35% of USs2.6b stashed in HK and China AFP FORMER Philippines first lady Imelda Marcos hired a gang of bounty hunters to help her recover billions of dollars stashed in Hongkong and China, it was reported
      AFP  -  291 words
    • Article
      Lock icon Vietnam's first trading day attracts thousands
      255 12 HANOI But regulators capped prices of the two listed stocks AP THOUSANDS of prospective buyers turned up yesterday for the first trading day of Vietnam's stock market but most came away empty-hand-ed because securities officials capped share prices of the two listed companies, traders
      AP  -  255 words
    • Article
      Lock icon Hongkong expected to post double-digit growth in Q2
      298 12 HONGKONG Reuters HONGKONG is expected to have recorded another round of double-digit economic growth in the second quarter, according to Financial Secretary Donald Tsang and private economists. Mr Tsang said on Thursday the government would announce double-digit gross domestic product (GDP) growth
      Reuters  -  298 words
    • NOTE Book
      • Article
        Lock icon Chinese Industry's profits up in 1H
        57 12 Reuters [BEIJING] China's industrial enterprises recorded profits of 162.24 billion yuan (5534.1 billion) in the first half of this year, up 110 per cent year on year, the State Statistical Bureau said yesterday. State-controlled industrial firms made profits of 90.31 billion yuan in the
        Reuters  -  57 words
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        Lock icon Jakarta to sign IMF letter on Monday
        35 12 Reuters [JAKARTA] Indonesia's chief economics minister Kwik Kian Gie said yesterday the government would sign its next letter of intent with the International Monetary Fund on Monday. Reuters
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      • Article
        Lock icon Taxmen raid Azharuddin's wife's house
        71 12 AFP [BANGALORE] Indian income tax officials have tightened the noose around former cricket captain Mohammed Azharuddin, with a series of raids on his wife's house and her associates. A spokesman from the Income Tax Department said yesterday that about 70 officials had conducted raids on
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        Lock icon China trade bill clears Senate hurdle
        69 12 Reuters [WASHINGTON] A landmark China trade bill cleared a key hurdle in the US Senate on Thursday, setting the stage for its expected passage in September. In a victory for the White House and pro-trade business groups, the Senate voted 86-12 to start debate
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      • Article
        Lock icon Indian groups keen on Indian Airlines
        71 12 Reuters [NEW DELHI] India's Tata Group, tobacco and hotel conglomerate ITC Ltd and the Reliance group have shown an interest in buying into state-run Indian Airlines, the Economic Times newspaper said yesterday. "Within days of the government appointing global advisers for the privatisation of
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      • Article
        Lock icon Jakarta facing shortage of kerosene
        55 12 Reuters [JAKARTA] Fears of troublesome ftiel shortages in the capital have eased, but now supplies of widely used kerosene are becoming tight, local Indonesian media reported yesterday. Kerosene is one of the most common cooking fuels in the impoverished country and shortages have the potential
        Reuters  -  55 words
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      112 11 =n Since 1975 our worldwide staff of over t 275 multi-disciplined professionals [af 1 W 1 V| including lawyers, chartered accountants i TC chartered secretaries and bankers have j k provided confidential and cost effective JB company formation in all the major low jpp tax areas mcludm 9 Incorporation Fees
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  • WORLD news
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      Lock icon US economy grows at 5.2% annual rate in Q2
      456 13 WASHINGTON Economists surprised as they expected rate hikes to slow the economy AP Reuters AFP THE remarkable US economy, once again confounding the experts, grew at a robust annual rate of 5.2 per cent in the spring, as a surge in
      AP; Reuters; AFP  -  456 words
    • Article
      Lock icon Plan to charge motorists entering central London
      301 13 LONDON Scheme to fight congestion, provide better transport Reuters LONDON'S mayor, Ken Livingstone, unveiled plans yesterday to fight traffic congestion by charging motorists £5 (Ssl3) a day to enter the city centre. Drivers wanting to enter central London during working hours would pay
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    • WORLD Watch
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        Lock icon Granada Media's purchase
        63 13 AFP [LONDON] Granada Media of Britain announced on yesterday it was buying United News and Media's broadcasting, production and international distribution activities for £1.75 billion (554.6 billion). The move follows the announcement earlier this month that United News and Media had called off a planned merger with
        AFP  -  63 words
      • Article
        Lock icon Volkswagen H1 profit jumps 48%
        110 13 Reuters [WOLFSBURG, Germany] Volkswagen AG, Europe's largest carmaker, yesterday reported a 48.4 per cent jump in first-half net profit to 1.254 billion marks (Ssl billion), slightly above analysts' expectations for a rise of just over one billion. VW said in a statement that the first-half
        Reuters  -  110 words
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        Lock icon Merrill to spin off unit
        62 13 Reuters [LONDON] Merrill Lynch Investment Managers (MUM) said yesterday it would spin off Mercury Private Equity to the unit's managers, part of an industry trend aimed at retaining key talent. The newly independent buy-out firm will continue to have close ties to its former parent,
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      • Article
        Lock icon BASF, Takeda to merge businesses
        143 13 AFP [LUDWIGSHAFEN, Germany] The German chemicals giant, BASF, said yesterday that it had agreed to combine its bulk vitamins business with that of Takeda Chemical Industries in Osaka, Japan. BASF is the second-biggest producer of vitamins in the world and Takeda is currently one of
        AFP  -  143 words
      • Article
        Lock icon Oracle's Ellison cleared in yacht case
        78 13 Reuters [REDWOOD CITY, California] A California jury on Thursday ruled against a Florida yacht broker who claimed that Oracle Corp president Larry Ellison owed him about US$7OO,OOO (Ssl.2 million) in sales commission for a 192-foot cruiser Mr Ellison bought in 1996. "The jury found
        Reuters  -  78 words
    • Article
      Lock icon Bank of America to cut 10,000 jobs to lower costs
      214 13 CHARLOTTE Reuter BANK of America Corp, the No 1 US bank, said yesterday that it will cut between 9,000 and 10,000 jobs, or nearly 7 per cent of its work force, over the next year to revive growth and reduce
      Reuter  -  214 words
    • Article, Illustration
      Lock icon Mori promises economic rebirth for Japan
      722 13  -  More bankruptcies seen in wake of Sogo; Nikkei at 16-mth low From i Anthony Rowley in Tokyo PRIME Minister Yoshiro Mori opened a new session of Parliament yesterday with a speech promising the "rebirth" of Japan's economy and just about all other aspects of
      AP  -  722 words
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      Lock icon US funds bet on soft landing for the economy
      455 13 NEW YORK Poll shows fond managers have been raising their holdings of US equities Reuters US-BASED global fund managers are beefing up their domestic equities holdings, betting on an economic soft landing which will curtail the need for many more interest
      Reuters  -  455 words
    • Article
      Lock icon Nomura Sec scores five-fold profit jump to 60.7b yen
      433 13 TOKYO Fall in broking fees offset by gains in equity trading Reuters NOMURA Securities, Japan's biggest brokerage, scored a five-fold jump in consolidated net profit in the April-to-June quarter from a year earlier, with a fall in broking fees offset by
      Reuters  -  433 words
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      Lock icon Britain unveils biggest health service shake-up in 50 years
      532 14 LONDON Aim is to tackle both underfanding and low morale, says PM Blair AFP AP BRITISH Prime Minister Tony Blair announced a huge recruitment drive on Thursday as the cornerstone of the most radical shake-up of the ailing state health system
      AFP; AP  -  532 words
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      Lock icon Nomura-led consortium to run Millennium Dome
      538 14 Rival bidder at a loss as it believes its bid of £125 m was higher FT [LONDON] The UK government has ended uncertainty over the Millennium Dome's future, naming on Thursday a consortium backed by Nomura International as its preferred choice to take over
      FT; REUTERS; AP  -  538 words
    • Article
      Lock icon US Senate panel okays bill to sue Opec
      348 14 WASHINGTON Lawmakers blame collusive practices for soaring fuel costs Reuters US anti-trust regulators will be able to sue Opec for fixing prices and setting production levels of crude oil, under legislation approved by a US Senate subcommittee on Thursday. Under pressure from
      Reuters  -  348 words
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      Lock icon PE Corp's Celera, PE Biosystems Q4 gains meet forecasts
      419 14 NEW YORK Reuters SISTER companies Celera Genomics Group and PE Biosystems Group on Thursday said strong sales from their genetic database and instrument businesses helped them post fiscal fourth-quar-ter results that matched Wall Street expectations. Celera, based in Rockville, Maryland, and
      Reuters  -  419 words
    • Article
      Lock icon Japanese quality control slips as corporate ethos changes
      469 14 TOKYO Govt has made the problem worse, say analysts FT JAPANESE companies have al ways taken pride in superior product quality and customer service, from exquisite wrapping of gifts in stores to home visits from car salesmen. But two incidents recently have
      FT  -  469 words
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  • FINANCE & commodities
    • Article
      Lock icon Regional falls weigh on STI futures
      310 15  -  SGZ Derivatives TnMn&Reports ST Xndex/MSCI S'pore Index Chan Yet San Refco Singapore SINGAPORE stocks closed lower yesterday, led by tech-nology-related stocks following the decline on Nasdaq. The Straits Times Index lost 0.88 per cent to 2,039.02 points. Within the index, 17 counters rose, 22
      310 words
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      Lock icon Futures still riding on state buying of stocks
      253 15  -  MSd Taiwan Index Chan Yet San Refco Singapore TAIWAN stocks rose against the trend of regional weakness on concerted state funds' intervention. The MSCI Taiwan Index gained 1.71 per cent to 359.7 points. Trading volume within the index was high at 991.74
      253 words
    • Article
      Lock icon Oil up again on US gasoline strength
      201 15 ENERGY REPORT Reuters [LONDON] Oil prices recovered further yesterday as some renewed strength in the US gasoline market helped crude reverse some of last week's heavy losses. International benchmark Brent crude futures for September delivery traded 23 US cents higher in London at
      Reuters  -  201 words
    • Article
      Lock icon CURRENCY REPORT
      320 15 Reuters London THE euro fell to one-week lows against the US dollar yesterday and hit two-month troughs against sterling amid speculation that the euro zone rate differential against both Britain and United States would widen. The single currency was already struggling amid speculation that the US economy remains
      Reuters  -  320 words
    • Article, Illustration
      Lock icon Untitled
      1259 15 DITBRBAME CROSS RATES MM A$ C$ Bwb EfO Ffr Dm HK$ Ind Rs Bupiah Yen Won Ml NZ$ Pafc 8t Peso S$ Rand Sfr NTS Baht Pound USS Australia 0.870 4.903 0.636 4.172 1.244 4.606 26.511 52.763 0.643 6.598 2.244 1.287 31.544 26.505 1.023 4.097 0.985 18.340 24.350 0.391 0.591
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      Lock icon Untitled
      1889 15 SICOM FUTURES Jul 28 RUBBER (futures closing ts it SJOpa) RSS1 CONTRACTS ceotsAq) ClOM VotaM Opm Month High Low Sett (tow—s) Interest Aug 00 ***** Sep 00 115.75 400 Oct 00 117.00 No* 00 118.25 RSS 3 CONTRACT (US c«rts/kg) Vo(MM OpM Monti) High Low Sott (tonnes) Interest Aug 00
      1,889 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon HK stocks down on Nasdaq fall, rate fears
      2878 16 HONGKONG AFP Q Hang Seng -266J6 SHARK prices in Hongkong closed 1.5 per cent lower yesterday on profit-taking and following sharp falls on the Nasdaq in the US. The benchmark Hang Seng Index lost 266.16 points to close at 17,183.93 on turnover
      AFP  -  2,878 words
    • Article
      Lock icon Nikkei ends under 16,000
      2028 16 TOKYO Reuters □Nikkei 225 -343.44 TOKYO stocks tumbled yesterday, with the benchmark Nikkei 225 ending below 16,000 for the first time since May 1999 as major tech issues were hit hard by a sharp 3.65 per cent overnight loss on the US Nasdaq Composite. Sentiment was
      Reuters  -  2,028 words
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      Lock icon CHINA
      985 16 Reuters n Shenzhen B Index -0.47 CHINA'S hard currency B shares closed a touch weaker yesterday as funds flowed out of established stocks into newly-listed window glass-mak-er Shanghai Lingyun Zhensheng. Shanghai Lingyun, only the third B share listing this year, closed up more than 33 per cent as the
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  985 words
    • Article
      Lock icon TAIPEI
      361 16 AFP Qj WP Index +***** share prices closed 2.1 per cent higher yesterday to reclaim the 8,000 resistance level on strong government buying of financial stocks, dealers said. The Weighted Price Index rose 165.83 points to 8,122.11, on turnover of NT$BB.B4 billion. "The financial sector has recently been the
      AFP  -  361 words
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      102 16 NOTICE IS HEREBY GIVEN that I, HAN HOW CHYE of 33A Lorong 22 Geylang Singapore *****0, have applied for a Beer House, First Class licence in respect of M/s Kim Tian Hotel located at 21 Lorong 22 Geylang, Singapore *****8, and that this application will be considered by the Liquors
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      104 16 NOTICE IS HEREBY GIVEN that I, TAM KIN LEUNG of 147 Killiney Road #13-02 Singapore *****6, have applied for a Retail Liquor Shop in respect of M/s DFS Venture Singapore Pte Ltd located at 9 Raffles Boulevard #01-K2 Millenia Walk Singapore *****6, and that this application will be considered by
      104 words
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      102 16 NOTICE IS HEREBY GIVEN that I, LEE LENG SLANG of 49 Hume Ave *05-03 Singapore *****9, have applied for a Retail Beer Shop licence in respect of M/s CHOICE2OOO ENTERPRISE located at 449Ang Mo Kio Ave 10 *01-1715 Singapore *****9, and that this application will be considered by the Liquors
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      107 16 NOTICE IS HEREBY GIVEN that I, CHU YUEN FAN of 35 Jalan Haji Alias, Corona Ville Singapore *****5, have applied for a 09 Wholesale Liquor Shop in respect of M/s Comptoir De France (Pte) Ltd located at 11 Stamford Road, Capitol Building #04-01 Singapore *****4, and that this application will
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  • STOCKS klse
    • Article, Illustration
      Lock icon Market loses grip on 800-level
      459 17 AFP O Composite Index -8.72 iWwWw MALAYSIAN shares ended 1.1 per cent lower yesterday following Nasdaq's fall overnight and as investors sold blue chip stocks. The Kuala Lumpur Stock Exchange Composite Index closed down 8.72 points at 799.09. The Second Board Index fell 1.70 points
      AFP  -  459 words
    • Article
      Lock icon Untitled
      9046 17 industrials Consumar products 2000 Last Vol Day Net Cap Mtqh Low Company Sal* 'OOO Hit* L— Pit. 420 310 A|inomoto 350 -2 I 350 350 19.1 141.9 158 62 ArKJkasa 69 -4 7 70 69 101.7 670 290 Apollo Food Hlq 464 -6 1 464 464 10.1 185.6 3350 2700
      9,046 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2588 18 BONDS WARRANTS Jul 28 *t Wrwh *—>/ itmn i-t y«| Oay LaatOaata kw% n%—4 Cam Om Ilk ♦ar- 000) a# Lot W« **a >■■■*»' MM 1*1 taarta«2 La»1 5,5 .6.5 Acmo-OIOTM- 17 -h 95 'J 33? tU 1! 24.5 1 A^7OS 7 .z=:izi:z=z=— 2*5 -0.5 20 27 26.5 2 27
      2,588 words
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      Lock icon SEOUL
      312 18 AFP Composite Index -35.03 SOUTH Korea's Composite Index yesterday fell 35.03 points to 692.65 on a volume of 237 million shares worth 2.1 trillion won. —AFP Jul 28 <N« *h Anam Sami 1Q2S0 -650 Brain Toeli 800 -15 Central Bank 615 15 Cheil Comm *****0 -1500 Dm Gu Bank
      AFP  -  312 words
    • Article
      Lock icon MANILA
      277 18 AFP Q Composite Index -ILB2 PHILIPPINE share prices fell 0.8 per cent yesterday on fol-low-through selling and amid concerns over weak economic growth prospects. The Composite Index closed down 11.82 points at 1,437.08. Volume was 428.78 million shares worth 713.26 million pesos. AFP Jul 28 Paso 000) MRC Anted
      AFP  -  277 words
    • Article
      Lock icon WELLINGTON
      280 18 AFP QNZSE-40 *1122 NEW Zealand stocks rose 0.6 per cent yesterday, supported by buying of index-linked counters as Fletcher Paper bowed out after being taken over by Norske Skog. The benchmark NZSE-40 Capital Index closed up 13.22 points at 2,113.23 on turnover of NZ$l29 million. AFP mu m row
      AFP  -  280 words
    • Article
      Lock icon SYDNEY
      552 18 AFP CI All Ordinaries -4^o AUSTRALIAN share prices ended 0.1 per cent lower yesterday with a resurgent National Australia Bank unable to fully offset falls in key blue chips such as BHP. "It was a quiet end to the week, with a few of the resources taking a bit
      AFP  -  552 words
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      Lock icon BANGKOK
      780 18 AFP PSCT into -2.62 THE Thai stock market slipped 0.9 per cent in rangebound trade yesterday in line with lower regional markets and renewed weakness in the baht, dealers said. The Stock Exchange of Thailand (SET) Index closed down 2.62 points at 291.60, while the SET 50 Index was
      AFP  -  780 words
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      Lock icon JAKARTA
      669 18 AFP Q Composite Index -038 INDONESIAN share prices closed little changed in thin trade yesterday amid a lack of incentives ahead of the weekend and lingering political uncertainty, dealers said. The Jakarta Stock Exchange Composite Index closed down 0.38 of a point or 0.08 per cent at 498.80. Volume
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  • Article
    Lock icon STOCKS sgx
    9454 19 SGX MAZNBOARD TYansaction date: Jul 28 Cr 6f M Wt 52-Wk Last vol Day LMt Quote Wv Dtv YK Nat Cm Aw% JIN* la» Ciwqbwt M> rOOO> m> In inir «—*r Cw Pit W Ww MULTI-INDUSTRY 163 101 m c Acma 50c 116 unch 25 >16 US n«
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      325 20 Where to wine, dine and %!S y "'aMi£o££ (jjjM HOTEL GRAND CENTRAL LIMITED j 22 Orchard Road/Cavenagh Road, Singapore *****7 I "TuncK" is the best for lunch and high tea rolled into one. Which means longer serving hours and even more scrumptious spreads. u Tunch" from 12 noon 4.30pm #16.90
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      Lock icon Page 20 Advertisements Column 2
      53 20 jf IB I. i nr* c 7(atta^c Come celebrate our 29th birthday and enjoy our award-winning Mandarin Chicken Rice at only sio+++ from 11:30 am to 1 OrOOpm For enquiry, please call tel: 831 6291 website http://www. mandarin (75 T 2000 Mandarin SugafMtr 333 Orchard Road. Singapore *****7. VI: 737
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  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      983 20 ■i m .11 wTTgrs^n,,t,nl I 0.00 Vested Interest. 5.00 Rakan Tiga 10.30 At Home With (r). Ii 111 .nmiii— 9.30 News 5 Tonight. 530 Aksi Mat Yoyo. ILOO The World Tonight. 8.00 AM Kids Central: The io.OO JAG: Silent Service. 6.00 Keluangman. LL3O Passage To The World 11.00 Mortal Kombat:
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      Lock icon Page 20 Miscellaneous Column 2
      248 20 CRYPTIC CROSSWORD ACROSS presidential bodyguard (6,7) 1 Daisy not welcome among this 4 Single drink for Pushkin s Eurank and file? (5,5) 9®"® W 6 With which to secure some !j Wh'Praised lgosilent(B) wood? (4) 7 Result of Exodus (7) 9 Amazing event as drivers enter 8 Kl,lecl ones not
      248 words
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  • The Arts
    • Article, Illustration
      Lock icon Local flavours
      876 22  -  Joining international artistes in Womad this year are three S'pore acts. FELICIA TAP finds out what they have in store FELICIA YAP JOINING big names such as Jimmy Little and Natacha Atlas on the Womad stage this September are three equally vibrant and energetic local acts Expect Music,
      876 words
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      Lock icon S'pore arts overseas bound
      358 22  -  THEATRE By John Gee THEATRE lovers in Taiwan are set for a Singapore treat. The Theatre Practice is staging three performances of Kuo Pao Kun's Sunset Rise at Chinese Drama Festival 111 in Taipei, which started yesterday and rims until Sunday. The festival, at Taipei's 900-seat
      358 words
    • Article, Illustration
      Lock icon Is this art? You bet!
      681 23  -  parvathx ma tab checks out creative expressions of racing in the sculptures and calligraphy commissioned by The Turf Club PARVATHI NAYAR DICK Francis, the maestro of the racing thriller, found all kinds of inventive ways to mix together crime and the races with subjects as
      681 words
    • Article, Illustration
      Lock icon The write voyage
      873 23  -  A cruise onboard Superstar Virgo sets the stage for budding playwriting talents in the Writers' Laboratory By, Joyce Koh WITH a sudden burst of energy, the theatre scene in Singapore has exploded to life. From mainstream to experimental, a sumptuous spread of performances has been laid out
      DREW FRITZ/TNP  -  873 words
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      Lock icon Don't call me a pianist
      1078 23  -  Russian Andrei Gavrilov started playing the piano at 2Vfe years old bnt insists that the instrument is just a form of communication By, John Gee WITH his dark glasses and ponytail hairstyle, Andrei Gavrilov looked like a rock star when I met him this week.
      CHRIS LOH  -  1,078 words
    • Article
      Lock icon Win $5,000 in Toshiba design competition
      293 24  -  By\ Daniel Buenas "Think In Colour" is the theme of Toshiba Singapore Pte Ltd's design competition, launched last week in conjunction with its Asia launch of its FC-22 colour copier. "We are looking for an art creation that best describes the superiority of the
      293 words
    • Article, Illustration
      Lock icon THE PROGRAMME
      1282 24  -  Compiled by M Yasotha MUSIC Singapore Symphony Orchestra Gala Concert: Andrei Gavrilov Plays Rachmaninou The gold medallist of the 1974 Tchaikovsky International Piano Competition, Andrei Gavrilov finally makes his Singapore debut with no less than Rachmaninov's Piano Concerto No 3, the epitome of the Romantic piano concerto genre.
      1,282 words
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      Lock icon SPOTLIGHT
      249 24  -  By Joyce Koh Hw Bom Psst... are you game for a painful measure of thigh-dapping, laugh-a minute action? In this double-bill of plays, I+l=3 is sure to induce the guffaws as the hilarious action on stage unfolds before you. r Plot and Plajeras Can't get enough of Irene Ang*s
      Norleena Saltan  -  249 words
    • Article, Illustration
      Lock icon Getting a better picture of Indian art
      461 24  -  By. Aaron Lye IT'S extremely easy for people to stereotype, to compartmentalise and associate certain words with certain themes. Take it in the local context mention Indian art and a majority of Singaporeans will quite likely have a common perception (or misperception) of
      FILE PHOTO  -  461 words
    • Article, Illustration
      Lock icon Lee Weng Choy
      974 21 It's always about timing: Lee Weng Choy first interviewed for the post of Substation's artistic director in 1996, but it's four years on that the time was right. And now he brings with him a deeper understanding of Singapore and the visual arts, as well as skills
      974 words
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      Lock icon new beginnings
      1174 21  -  The Substation, Singapore's main non-mainstream arts venue, celebrates its 10th anniversary this year. Established by theatre pioneer Kuo Pao Kun, The Substation will pass through three different —artistic hands by the end of this Millennial year; outgoing artistic director T Sasitharan has already handed over the reins to
      1,174 words
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      Lock icon Audrey Wong
      685 22 Audrey Wong comes on board as Substation's co-artistic director only in October, as she's currently on sabbatical, doing her masters in Arts Administration at Goldsmiths College, London. Wong's involvement with the arts goes back to her parents Joanna and Leslie Wong. Deeply involved in Cantonese opera, they founded
      685 words
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      237 22 Be one of 50 lucky winners to receive a WOMAD Singapore 2000 ticket simply i i by completing the following form and faxing it to 225-0281 by Aug 1, 2000: 1 Name (Mr/Ms/Mdm): i NRIC/Passport No: Date of birth: J Occupation: 1 i Mailing address: i Telephone: (O) (Hp/Pg) j
      237 words
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