The Business Times, 18 May 2002
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2002-05-18
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The Business Times
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Title Section14 2002-05-18 1 THE BUSINESS TIMES weekend MAY 18-19. 2002 or Internet http business-times asial com s14 words
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Article, Illustration636 2002-05-18 1 Chuang Peck Ming - By Chuang Peck Ming [SINGAPORE] The good news continues to roll in. Singapore's key non-oil domestic exports in April grew 6.4 per cent from a year ago a surprise turnaround that ends 13 months of decline. The news comes a daySource: IES - 636 words
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Article, Illustration779 2002-05-18 1 Conrad Raj - Figure down 61%, but ensures restoration of wage cuts By< Conrad Raj [SINGAPORE] Singapore Airlines surprised investors and analysts with a profit that far surpassed predictions. The $631.7 million gain, though 61 per cent lower than the previous year, could well make it theCHRIS lOH - 779 words
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815 2002-05-18 1 Anthony rowley VISITING Shanghai more than 20 years ago, I was impressed by the linguistic skills of an elderly Chinese man and a young student, both of whom had learned near-perfect English without ever having set foot outside what was then815 words
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202 2002-05-18 1 Vince Chong - AAbuL| venous study underway into problem By Vince Chong [SINGAPORE] Plans to implement the Electronic Road Pricing system in the evening on certain roads may be on the way. According to Transport Minister Yeo Cheow Tong in Parliament yesterday, his ministry202 words
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315 2002-05-18 1 Move meant to ensure regulations remain relevant [SINGAPORE] The Singapore Exchange (SGX) yesterday announced that it is conducting a major review of its securities trading rules and bye-laws. The review aims to bring the Securities Trading (SGX-ST) Rules and ByeLaws315 words
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Page 1 Advertisements
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Advertisement42 2002-05-18 1 PPk .1 Saving face. RAGE 18 ECONOMIC SURVEY: Key indicators up strongly, pointing to a turnaround S'pore economy not vulnerable to yen decline: MTI study 3 IN THE MONEY SING MAY HAVE SEEN ITS I WORST VERSUS uss ild Page 12 I42 words
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Advertisement16 2002-05-18 1 |B| PARLIAMENT HH No splitting up HKil of PSA Corp: Yeo Cheow Tbng. EflHi NEXT FACE16 words
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Advertisement33 2002-05-18 1 w wmbm MAY 18-19, CCL sees good response for new jßtf Mercedes SLSOO. man SIA Engineering profit soars 92% to $223 m, Pg 4 Sat* earnings post 25% rise to $212 m, Pg433 words
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Advertisement28 2002-05-18 1 m SingTfel board knew compensation included tax: IDA lawyers. WflM No spUttinc U P ofPSA Corp: Cheow Tong, Next Page Worrying trends in older workers' employment, Next Page28 words
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next page
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Article, Illustration608 2002-05-18 2 r sivanithy - MARKET REVIEW r sivanithy FOR stock prices to rise and keep rising, the "greater fool" theory has to apply at each successive higher level, fresh buyers have to jump in so the rally will be sustained. But judging by goings-on in the local608 words
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Article76 2002-05-18 2 □sn 1,733.61 (+0.13) UONESDAQ 71.61 (+0.50) ST INDEX FUTURES 1,736.00 (+11.00) ■■lIMHI FUTURES U218J.0 (+1.80) Friday Change KLSE COMP 787.85 +1.47 NIKKEI 225 11,***** +108.63 HANG SENG —***** 61 +141.84 SET INDEX 378.23 +2.05 JAKARTA COMP ***** 1.83 MANILA COMP .1349.63 -6.11 TAIPEI WPI *****2 +42.49 SEOUL COMP 875.0376 words
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Article75 2002-05-18 2 RMKX RATES US* SI ISS |S$ per ISS) 1.795 £(i:S$/S$ per S) 1.456 1613 EUHO(lJSS/S$/E) 0913 1639 DM 1216 1135 YEN 1273 7050 RM 3.MOO 1117 HKS 7799 4,145 BAHT 4175 23.81 RITIAH 9,070 5,053 PWME RATES SINGAPORE* 5l25 Kl ALA UHPlH 6 40 HONG KONG 5.125 JAKARTA J90075 words
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Article, Illustration451 2002-05-18 2 Vince Chong - YESTERDAY IN PARLIAMENT uuiefwise, n would lose synergies from international service platform Reports by Vince Chong [SINGAPORE] PSA Corporation will not be split into two companies, one focusing on Singapore and the other on its foreign investments, as this would mean losingFILE PHOTO - 451 words
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487 2002-05-18 2 Re-emptoyment rite is lower whie jobless period is longer [SINGAPORE] Re-employ-ment rates for older members of the workforce and the period during which these workers stay unemployed compare poorly with those of their younger counterparts, and are expected to head further south. This sombre487 words
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Article, Illustration593 2002-05-18 2 Anthony Rowley - Minister's comment that cap on new govt debt will be removed cheers markets From Anthony Rowley in Tokyo THE Japanese government formally declared yesterday that the country's recession had touched bottom, while upgrading its view of prospects for a third consecutive month. "The593 words
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in focus
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Article, Illustration826 2002-05-18 3 ANNA TEO - Composite leading index rises for a second straight quarter, gaining 10.3% q-o-q, reports ANNATEO ANNA TEO SINGAPORE'S key leading indicators picked up strongly in the first quarter, as all but two sectors saw a jump in growth momentum. The composite leading indexSource: MTI - 826 words
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Article, Illustration621 2002-05-18 3 Vikram Khanna - By Vikram Khanna A YEN slide against the US dollar is unlikely to hurt Singapore or most Asian countries, according to a government study published in the latest quarterly Economic Survey of Singapore. The study notes that more than half ofSource: Ministry of Finance Japan - 621 words
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Article, Illustration419 2002-05-18 3 Siow Li Sen - By Siow Li Sen SHOCKS in the Singapore property market do not significantly affect the wider economy unlike in other countries such as the United Kingdom or the United States, according to a Ministry of Trade and Industry (MTI) study. In the UK orFILE PHOTO - 419 words
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Advertisement382 2002-05-18 3 MaMwMMBMBI IN THE MATTES OF THE LAND TITLES (STRATA) ACT, CHAPTER US AND IN THE MATTES OF THE MANAGEMENT CORPORATION STRATA TITLE NO. 513 YARDLEY COURT NOl*l AND 571 UPPER SERANGOON ROAD SINGAPORE NOTICE it hereby given thai at an Extraordinary General Meeting of the Management Corporation was duly coovened382 words
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Advertisement42 2002-05-18 3 Lianhe Zaobao Stna I I biisfewsswan I I in Shanilni Urges unity I I among workers witli I I "nilitarv-stvle I ItniMKi" I IIiIMIA. I l±*"M" I FOOD/ ENTERTAINMENT The Straits Times Classified. Classifications 5 36. Buy It SeN It Find It42 words
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in the news
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Article, Illustration526 2002-05-18 4 David Boey - Sd-off came after the network integrator wanted of losses doe to rbiag bad debts at Hs China By David Boey STUNG by news that Datacraft Asia would report its first full-year loss this year, punters sold down shares of the computerSource: Bloomberg - 526 words
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Article, Illustration597 2002-05-18 4 Ven Sreenivasan - Associate Asia Pacific earnings of $51m By Ven Sreenivasan FRASER Neave last night unveiled strong interim earnings and declared its intention to grow core businesses via selective acquisitions and aggressive regionalisation. The company, whose main businesses are beverages, property andARTHUR LEE - 597 words
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IN BRIEF
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38 2002-05-18 4 Reuters COMMODITY trader and shipping company Noble Group will revise its bonus issue to one-for-five from one-for-six. The Hong Kong-based, Singapore-listed firm said this would help consolidate its shares into board lots.—ReutersReuters - 38 words
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52 2002-05-18 4 Reuters INVESTMENT firm BIL International said yesterday it has not mandated any financial institution to place out its block of Fraser Neave (FAN) shares. Stockbroking sources said on Thursday that DBS-Vickers was trying to place out 26.5 million FAN shares at US$7.6O apieceReuters - 52 words
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89 2002-05-18 4 THE Ministry of Manpower will conduct a labour force survey from May 21 to July 31 to help it plan and formulate policies. An estimated 36,000 households have been selected for this survey and a sub-sample of 12,000 households has been chosen to participate89 words
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41 2002-05-18 4 NAM Lee Pressed Metal Industries has warned of lower turnover and significantly lower profit for its first-half FY2002. The group had previously said it would remain profitable in its current financial year ending Sept 30,2002.41 words
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30 2002-05-18 4 Advanced Systems Automation said yesterday it anticipates that its loss for the foil year ended March 31,2002 may be significant. It did not elaborate.30 words
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75 2002-05-18 4 THE Infocomm Development Authority of Singapore (IDA) has issued a public consultation paper on the proposed merger between Starhub and SCV. IDA said comments from the public will help it determine whether "the proposed consolidation would unreasonably restrict competition in any market in75 words
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175 2002-05-18 4 LISTED United Food Holdings said yesterday it has entered into a placement agreement with UOB Kay Hian to issue 145 million new shares. The shares will be priced at 67.5 cents apiece and the placement is expected to raise net proceeds of $94.2175 words
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400 2002-05-18 4 David Boey - Finn services newer planes, hence less hit by Sept 11 event By David Boey SIA Engineering Company, the airliner maintenance arm of national carrier Singapore Airlines, said yesterday its profit for the full year ended March soared 92 per cent to $223 million,400 words
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299 2002-05-18 4 SINGAPORE Airport Terminal Services (Sats), a unit of Singapore Airlines, said yesterday its net profit rose 24.7 per cent to $212.8 million. Sats, a major provider of integrated ground handling and inflight catering services at Singapore's Changi Airport, said revenue rose 0.9299 words
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443 2002-05-18 4 Reuters VENTURE Manufacturing Ltd, which has been on an acquisition spree recently, has enough cash to finance its purchases, but may also consider using shares, managing director Wong Ngit Liong said yesterday. Singapore's largest electronics contract manufacturer is in preliminaryReuters - 443 words
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Article, Illustration439 2002-05-18 4 Kalpana Rashiwala - By Kalpana Rashiwala CASH-RICH retailer Isetan Singapore is giving shareholders a special dividend and l-for-4 bonus to celebrate its 30th anniversary here. This is despite a 29 per cent drop in second-half net earnings which left fullyear net earnings just 2.3 per cent higherFILE PHOTO - 439 words
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Article, Illustration876 2002-05-18 5 Angela Tan - SINGTEL-ID A S U I T A* such, $388 m tax savings should be returned to the govt By Angela Tan SINGAPORE Telecom's board of directors knew the $1.5 billion compensation it had received from the government in 1997 for the early termination876 words
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220 2002-05-18 5 Meeting will be led by the two sides' foreign ministers SENIOR officials led by Foreign Affairs Minister S Jayakumar are due to meet their Malaysian counterparts in the beginning of July to start a fresh round of negotiations on the outstanding package of220 words
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178 2002-05-18 5 SINGAPORE Changi Airport Enterprise (SCAE) has signed an agreement to provide China's Hangzhou Xiaoshan International Airport with training and consultancy services. The Civil Aviation Authority of Singapore, SCAE's parent, said in a statement yesterday that the two airports are also looking to jointly explore178 words
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437 2002-05-18 6 Siow Li Sen - RwirtiMcetDdhcioMirewiwrtfcelpcredHapyMcalfcwlwlcoMiimefwwlHlwieMiwiwt—kinr—a r— By Siow Li Sen CONSUMERS who decline to have their credit history stored with the consumer credit bureau risk not getting credit facilities, said the Association of Banks in Singapore (ABS), following consumer resistance on giving their personal details to the437 words
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255 2002-05-18 6 THE top income tax rate for non-resi-dents will be reduced from 24.5 per cent to 22 per cent from 2003, the Ministry of Finance announced yesterday. And the withholding tax rate for non-residents generally applicable to interest, royalties and rents for movable property255 words
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172 2002-05-18 6 Ms Kathy Lai - Ms Kathy Lai Deputy Head of Secretariat, EISC, Ministry of Trade A Industry IN her letter dated May 11 (Tell me how much I need to retire on), Ms Alison Cousland wondered if the entrepreneurship and internationalisation subcommittee (EISC) has done any calculations on172 words
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136 2002-05-18 8 NST {SEPANG] Malaysia Airports Berhad will run the Hyderabad airport in India in 2006 with negotiations under way on the possible management of the New Delhi airport. Malaysia Airports (Sepang) Sdn Bhd general manager Abdul Hamid Mohd Ali said several other international airports worldwideNST - 136 words
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416 2002-05-18 8 Talk of govt plan to sell shares which led the index to shed 7% is not true, say papers Reuters [SHANGHAI] China's stocks snapped a seven-day losing streak yesterday as state newspapers urged investors to remain calm and ignore rumours that have souredReuters - 416 words
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Article, Illustration172 2002-05-18 8 Reuters [HONG KONG] Hong Kong diva Faye Wong has won a place in the Guinness Book of World Records as the best-selling female singer of Cantonese pop music. According to the website guinnessworldrecords.com, Wong had sold 9.7 million copies of her 20 albums by MarchReuters; FILE PHOTO - 172 words
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388 2002-05-18 8 Rfsla vehicle sales forecast to rise 3% m 10 recora itign of 410,000 tMs year Reuters [KUALA LUMPUR] A surge in first quarter earnings at Malaysian car company UMW Holdings had analysts yesterday urging investors to hop on board for what seemsReuters - 388 words
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307 2002-05-18 8 Bloomberg [KUALA LUMPUR] United Engineers Malaysia Bhd (UEM) plans to raise as much as US$579 million by selling part of the nation's biggest toll-road operator, the latest company to tap markets as the key stock index reaches an 18-month high. The unitBloomberg - 307 words
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Article, Illustration454 2002-05-18 9 Second-quarter sales and profit wH exceed analysis' estimates? Dell Bloomberg [AUSTIN, Texas] Dell Computer Corp, the world's sec-ond-largest personal-com-puter maker, said first-quarter earnings fell amid weak growth in corporate demand. Second-quar-ter sales and profit will exceed analysts' estimates, Dell said. Net incomeBloomberg; AFP FILE PHOTO - 454 words
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241 2002-05-18 9 Reuters [SAN FRANCISCO] News and information provider Reuters Group pic said on Thursday it would offer customers the alternative of running its market-data delivery system on Linux, in a bet that banks and brokerages will shift trading to the upstart Linux software. ReutersReuters - 241 words
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246 2002-05-18 9 The/I alow hackers to access PC and changer user info AP [SEATTLE] Microsoft Corp has warned that its Internet Explorer software contains six flaws, some of which could give hackers access to the computer and even potentially change personal information about users. The company,AP - 246 words
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124 2002-05-18 9 Bloomberg [WASHINGTON] Legislation to protect consumer privacy on the Internet won initial support ftam USsenators over objections from AOL Time Warner Inc and Yahoo! Inc. which say die bill it unfkir and may expose them to lawsuits. The Senate Commerce Committee voted 1M toBloomberg - 124 words
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430 2002-05-18 10 LATEST U S INDICATORS IMwnMy of McMgao Max shows US coosomsr optimism rising hi Nbv to highest level io oeariy IV4 yoon Reuters, Bloomberg [WASHINGTON] The US trade deficit narrowed fractionally in March to U5531.63 billion, with both imports and exports upReuters,; Bloomberg - 430 words
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392 2002-05-18 10 Bloomberg. Reuters [NEW YORK] New York State Attorney General Eliot Spitzer said he wants Merrill Lynch and other Wall Street firms to separate analysts' compensation from investment banking and believes that can be done without restructuring the securities business. New York's top law-en-forcement official,Bloomberg.; Reuters - 392 words
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Article, Illustration398 2002-05-18 10 It adds 8 more provinces to its 13-province territory Reuters [HONG KONG] Bigger is better, according to investors in top mainland cellular firm China Mobile (Hong Kong) Ltd, who yesterday welcomed the listed company's purchase of eight provincial networks from its state-owned parent. TheReuters; AFP - 398 words
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271 2002-05-18 10 RWaK demand for otoctraics lifts it oat of wont racoooioß Reuters [TAIPEI] Taiwan said yesterday that the economy in the first quarter expanded from a year ago, the first growth in four quarters, as rising demand for the crucial electronics industry lifted theReuters - 271 words
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230 2002-05-18 10 Reuters [LONDON] The US Nasdaq, the world's second-biggest stock market, could launch a cash offer for the London Stock Exchange within two weeks, a move that would almost certainly trigger counterbids from European rivals, sources said on Thursday. Sources close to the talksReuters - 230 words
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WORLD WATCH
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Article72 2002-05-18 10 Bloomberg [WASHINGTON] US President George Bush, In his second financial disclosure statement, detailed a portfolio worth as much as US«24 million. The report show* the president preferred cash and government securities rather than stocks in 2001, at least among investments Mr Bush was required toBloomberg - 72 words
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Article54 2002-05-18 10 Reuters [TOKYO] Japan yesterday said it had notified the Work! Trade Organiratioo of plans to retaliate against US ateal tariff*, slapping 100 per cent tariffs cm US steel imparts after the US rebuffed Tokyo's last-minute plea for compensation. The retaliatory tariffs would take efftoctReuters - 54 words
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79 2002-05-18 10 AP [NEW DELHI] India's lower house of Parliament yesterday unanimously condemned Pakistan and accused it of being behind a series of terrorist attacks, as cross-border firing left five civilians dead on both sides of their frontier. However, the government stopped short of threatening to attack Pakistan.AP - 79 words
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71 2002-05-18 10 Reuters {TOKYO] Japanese electronics makers will likely see their global share of colour liquid crystal display (LCD) output slide to just over 20 per cent in 3006, barely half last year's levels, research firm Display Search said yesterday. Reluctance at many big Japanese makersReuters - 71 words
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79 2002-05-18 10 Bloomberg ITOKYOI Sega Cap returned to a profit in its fiscal second half after ditching its money-losing Drpflmramt oonflote tn fhrus on TTU»lring fry companies such as Microsoft Corp and Sony Corp. The company said group net income was 3. i billion yenBloomberg - 79 words
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70 2002-05-18 10 Reuters [NEW YORK] Underwriter Goldman Sachs yesterday said it pulled out of a US$l.97 billion stock offering by consulting firm Acoenture Ltd in an unusual last-minute move. Goldman's move came after Acoenture disclosed in a regulatory filing on Wednesday that an underwriter's employeeReuters - 70 words
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Advertisement1720 2002-05-18 5 SATS m? (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Singapore Airport Terminal Services Limited wishes to make the Wtowtog announcement 1 AUDfTED RESULTS FOR THE YEAR ENDED 31 MARCH 2002 GROUP THE COMPANY B** 2 ""J 11 2000-011 Chang* S$M SSM SIM SIM 8953 8871,720 words
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Article3009 2002-05-18 6 Transaction date: May 17 for live prices, log on to wwwjCLSwuonemarketsjixnn C T-E S W- nBl mS? Um iSttm ct? *g *»g 9 C ABNAmroNLG Sfc 9 12 W ,a 5 1t5 c unch 190 23 225 215 23 730 JJj ij 1« 5 is 21 Jj SS53,009 words
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Article45 2002-05-18 6 <-* a ft J'-a-a.-i a-; g-a~. ill® 41 station* trtTWWI mo wo i BOjusT«ti initm11 SIS 440 i IS MSG Spar* US57S 115J® *70 i BSVSOO IfSIOMkd ***** fKO i SFCMS US1N0M --.III**"' 1(05 IXMcSTinTMO 1739 *6 31 1740 1735 1737 1744 Till I45 words
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Article843 2002-05-18 6 m'L (M iS *j. nSL j—0—*i Mv firtM Mat Ka Ma s^_±—5*5—«*««■*■» n* %cw %w»>a >55 12 c AWHUgi5c 17J unch 89 I7« n« «7« ia m i 2 ?i^«r uM S s a utAMtok 11s 1J5 2? »c *4MPJ|«I 1V 25 unch SO 25 25 25 253843 words
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Article219 2002-05-18 6 jyu. w- r t c? i? *a KB a AVJenrangi 100 A lOOcd inch It Ml MO MO Ml 38 1.7 3.5 7.3 2152 m a AVJmngiA25cA 101cd irxti SOB 103 101 101 102 40 14 93 si 7174 265 2.1 74 c 243KJ Owmg KongSOc HK— 1710219 words
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Advertisement22 2002-05-18 6 6319-8277, or wrftt to: Itm WU*i— 71wn SPHHQ, 1000 Tom P^Morth.PodkMnLmrnlxanoKponSiamt.mnmdyourlul numbmr, mo wmcmvmWytomm from you. Plemmumtmnpmrmtmguagm, and bear In mind Kb*22 words
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Advertisement1686 2002-05-18 7 SinGAPORE AIRLinES LIITIITED (Incorporated in the Republic <rf Singapore) ANNOUNCEMENT The Board of Directors of Singapore Airtrws Umßad —ahaa to make toe tallowing mnounomwl- i unTcn ß nn Hi I AUOfTED fHIMMEniOCD BALANCE SHEETS AT >1 MARCH 1 AUDITED RESULTS FOR THE YEAR ENDED St MARCH S$M tim* nrw-mr TOEOWOUP1,686 words
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Advertisement157 2002-05-18 8 «|b^ piiiiirA^ixj I 9 I I I A B w V V BH a V WKm W M "4 A jII Bill I Jj i I mIIT I II•J• Y A 1 9 k ■Ailß^^iUiUUui^l^K£iliAAlUl^l A 1 B l I >4 f f J> p 1 B %^V. V f157 words
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Advertisement1555 2002-05-18 9 sia EnGinEERinG comPAny liihitep (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Director* cf SIA Engineering Company Limited wishes to make the Mowing announcement 1 AUOfTH) RESULTS FOR THE YEAR ENDED 31 MARCH 2002 GWOUP THECOMPAHY *****2 2000-01 Change 2001-02 2000-01 Chano* m m m m LLL 8351,555 words
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Article1764 2002-05-18 10 UNIT TRUSTS FUNDS m u» OtiSelect Ana Tilt Growth 1 J» OtiSelect Asia Tilt EnhGrth II* MUmMMSM GtiMact GloM Gronrth 1 an 5tw Europe 0794 OtBetorGtobel Income E^^^=z==.°£ xskst 6 SSBazz »*!*-m_JziS5 terGtoMT«Mo»Fwi4" o_a» Scar Btw Fnanc* Japan fund?" 0.757/ StarMhMOKQl 069V Com Gtabtf RrmMlU 0J» Com Global UfeOytcMaaFd 101*1,764 words
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what's in style motoring
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Article, Illustration413 2002-05-18 11 CHRISTOPHER TAN - The car retains the styling of the last SL, but has new features, reports CHRISTOPHER TAN CHRISTOPHER TAN AMID the economic doldrums, exclusive Mercedes-Benz dealer Cycle Carriage is confident the Mercedes SL, currently its most expensive range, will find ready buyers.CHRIS LOH - 413 words
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Article, Illustration449 2002-05-18 11 Christopher Tan - At least 20 new models arriving over the next five years All reports by Christopher Tan ■GERMAN luxury car-mak-er BMW will launch no fewer than 20 new models over the next five years. The list includes an affordable "entry-level" car priced here in the $90,000$120,000FILE PHOTO - 449 words
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Article, Illustration206 2002-05-18 11 SUBARU agent Motorlmage made a big splash last night when it launched the new Impreza WkX STi at The Fullerton, no less. The company, a unit of listed Tan Chong International, seldom splurges on fancy public launches. It has previously preferred modest retail-driven showroomARTHUR LEE - 206 words
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BRAVE NEW WHIRL
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Article, Illustration145 2002-05-18 11 HARLEY-Davidson will invest US$3OO million to expand manufacturing capacity and develop new products as demand for its iconic motorcycles outstrips supply according to the Financial Times. The Milwaukee-based group is predicting an 11 per cent jump in unit sales this year to over145 words
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Article125 2002-05-18 11 CARS and horses have had a connection ever since a certain Nicolas Cugnot frightened the hoofed carriers on the streets of Paris in 1769 with a steam-driven prototype of the automobile. Next Friday, Audi distributor Premium Automobiles will try to forge a more memorable link,125 words
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Article, Illustration77 2002-05-18 11 AUDrs new A 4 Cabriolet has only been on the market for a few weeks, but it has already captured Auto Zeitung't award for "the most attractive convertible". The open-top four-seater beat beauties such as the Mercedes-Benz SLSOO and the Ferrari 360 Spider, which finished second77 words
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Article, Illustration168 2002-05-18 11 BMWs Mini will star in the new Austin Powers movie Goldmember, in which it will re-live some of the chase scenes immortalised in Michael Caine's The Italian Job. Incidentally, Caine will appear in the latest spy parody, playing Austin's father NigeL Supposedly, there is a168 words
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Article70 2002-05-18 11 CHRISTOPHER TAN - Compiled by CHRISTOPHER TAN PORSCHE'S 911 Turbo has landed one of the most sought-after automotive prizes the Auto Trophy, awarded each year since 1988 by respected trade journal Auto Zeitung. This year, the Turbo was voted "Sportiest Coupe", making it the 11th award the 911 has70 words
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Article, Illustration335 2002-05-18 11 See the XC9O, the only SUV that seats 7 y at the Motor Show ONE of the brightest and biggest stars to shine at this year's Singapore Motor Show in November will be Volvo's all-new XC9O. The car won't be ready for the335 words
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in the money
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Article, Illustration1747 2002-05-18 12 larry wee - CURRENCY DEPOSITS local K hwt wnilwd of late bat »t» w> 20 per cut higher «h— lawk th. ■mjmw m ni.mij, n M jfcgj larry wee IT used to be so easy. Singaporeans who travelled abroad, or bought things from other countries, enjoyedCompiled by BT; Source: JP Morgan Research,Singapore; Source: Moneyline Telerate - 1,747 words
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Article, Illustration49 2002-05-18 13 a 14 Comfort 41 $0.74 May 17 I I )fi 0« K Feb Mar Apr i May |V| Keppel Corp 1 I May 17 I Feb I Mar Apr I May [Cgngumgf^ Financial Services 48.67 Media Comma 15.64 Property 9.02 Wonwttoprowdedbf. DBS VICKERS SECURITIES Bmugw tn y». ty ft0BSa*^^3jpj|49 words
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1042 2002-05-18 13 Teh Hooi Ling - The market values Informatics, which has a far better set of financial figures, at less than TMC. Does this make sense? By Teh Hooi Ling IF you think the Singapore stock market is efficient and sophisticated, look no further than its take on Informatics1,042 words
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469 2002-05-18 13 Patrick Peck - By Patrick Peck The writer is a vice-president at Paris-based JCF Group SHARP gains in the US and Asian markets had little effect on Singapore this week. Investors are waiting for an inflow of funds and better economic indicators before taking469 words
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Advertisement102 2002-05-18 12 Submit your resume on-line Trust Relationship Manager review of existing fl with our services. clients, resolve issues an e |(K)k for upgr ading and Y ou may also send your In the process of whicn, y including introducing application to: relationship deepen** ,o cany out discretionary invest^" ts with major102 words
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Article495 2002-05-18 13 a g E_3_5_jsJT^5_, ss;<». :sas srssw -a g k? tst v ss u 232 :ass BtRr' is 5 fs ,„s 3» i: gS»w.'5iSS sssrsr a. ;;s SB a 21 3a 2: zssBSbr 3 i f I FfW 15-M.V-02 TtwCjpMGiF *M) T40 111 jjgr* 7.0 201*3 7 J fe"*corptog n*c25S» *m495 words
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Advertisement8 2002-05-18 13 The Caveat Emptor column has been held over.8 words
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week in review
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Article, Illustration826 2002-05-18 14 For the full stories, visit http://business-times.asiaLcom.sg CPFrbmfei atxt malli, bat they wont be drastic: Tbanaaa May 15 CHANGES to the Central Provident Fund will be announced sometime next month, but they are not expected to be drastic, Senior Minister of State for Trade and Industry TharmanFILE PHOTO - 826 words
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Article277 2002-05-18 14 EWTORULifcjrifi Time for penny-stock niles IT may be time for the Singapore Exchange (SGX) to impose rules that delist companies which fail to satisfy minimnm price or liquidity guidelines. But to prevent a good portion of counters here from being delisted, SGX could ghre itself discretionary powers.277 words
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Article1973 2002-05-18 14 1 Transaction date: May 17 KUALA LUMPUR 1 174 407 Wet 134 OM 3 m *4- rm ;wa*k«we» 0J3 aoi 27 Gedeng 163 atO 205 AAMReafcy 136 inch 12 Gamudfe US (LOS 1MB Abric IJS undi 103 GanadOap 1.13 -003 41 MTMmMm 142 032 235 GanaTedl 134 -OlOI 41,973 words
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Article434 2002-05-18 14 Transaction date: May 17 y. Mi MOO MMft OX 1JBB 141 4110 OCBC Uf mog J y |rsaS»-« ss« 0«Ci» V451 MJOO «0-200 SAMc J*2 UJM «*JH Ory«M0U»Jfc US 1M 40» MKT Mc ul OjHB 2m 0*K7**k Mi 1530 4 MO VM (Jl 22-WO «a»00 gs, 1 is gar»»434 words
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Article490 2002-05-18 14 BONDS WARRANTS tar *m- rmm—* nw i u» *sn«««e' 2 112 i h 4 i* a Acma Ud MKM111i 1 1 SO 49 117 30 AflW*W0H*10 m mh 74 1 J} 3 1.4S 77 AnnMiuiy VMM0520 4 -1 10 17 300 2* ta-taodPW*****2 MS I W 2DS 12J0 2 4ar6S&A09O9O1490 words
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what's in style food
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Article, Illustration1566 2002-05-18 15 N K YONG - Revelling in each other's company enables members of Primum Familiae Vini, a grouping of 11 world-famous wine names, to continue travelling together all these years, n k yong gets an idea of their camaraderie N K YONG DO not be intimidated by great wines. Baroness Philippine1,566 words
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Advertisement684 2002-05-18 15 wine&dine with weekendßT S^JSSS^ekj^ Well known for Its valueftr-rnoney Weekend and public holiday buffottunch Is the by fly French-inspired cuisine, this casual eatery's available on Saturday, Sunday and public RotemBar. On sate at $50+. A la carte dishes highlights include its $9.50 set lunch and its holidays. For birthday, registration684 words
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Advertisement30 2002-05-18 15 A -i Funan The IT Mall f" V; "m r 'ib' r- T- Sushi Don: SBI-OIA. Tel: *****894 Aangan North Indian Restaurant: #04 05. Tel: *****125 Hong Kong Noodle: «BTOI30 words
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what's in style collections
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Article, Illustration640 2002-05-18 16 PARVATHI NAYAR - Shiseido's Whitia is set to debut in S'pore with its mid-priced range of whitening products. PARVATHINAYAR finds out PARVATHI NAYAR JUDGING by the growing popularity of whitening skincare products all over Asia, you could say white is the colour of money. In Singapore, these products thrive inCHRIS LOH - 640 words
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Article4255 2002-05-18 16 Transaction date: May 17 for more, go to urwwjasiaonenmarketsjDom HONGKONG HyanD** 175 unch 1571 JS Hldgs 1.06 -019 ***** —> im tank of Mm J.10 0.03 128 esse—-ss .m -2 ts a SS'SES SSS=3-»s=iS TyyTry*'" —1-2 291 3 is *wg»copp«rH 1.10 0.01 i«i< M*m Condi H—... 2J« 1134,255 words
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Page 16 Advertisements
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Advertisement17 2002-05-18 16 Jk ■MUfl||flriK||fl^ PROPERTIES The Straits Times Classified. IcjlS Classifications 402 568. Buy it s«fl it Find it17 words
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Advertisement87 2002-05-18 16 oiiMKMiam LtiM»c Ftirnrmw I BfCTMCAL PTE LTD (IN LIQUIDATION) (MEMBERS' VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act (Chapter 50), a Final General Meeting of the Members of the abovenamed company will be held at 112 Middle Road87 words
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Page 16 Miscellaneous
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Miscellaneous186 2002-05-18 16 CKVPTIU CROSS WOKD 8 Refinements elegant neckwear (8) fl 24 Instrument used by one ——J(iB—JBZJBLZ over —-^H—l^^ D l 10 Where prompt action is re- YESTERDAY'S SOLUTION P,9s r",.y° urse c quested (3-5) Ac««: 1 trout. 4 Cordage. 9 style tor the meeting (10) 12 Crooked men about to plot186 words
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what's in style arts
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Article, Illustration566 2002-05-18 17 CHEAH UI-HOON - A roundup of events Compiled by CHEAH UI-HOON The original Marilyn If you've never been enamoured with the compelling beauty of Marilyn Monroe, you're a rare fish. During her lifetime, the actress was the most sought-after photographic subject in the world, and her charisma and appeal continue to566 words
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Article, Illustration651 2002-05-18 17 PARVATHI NAYAR - The works of Myanmar artists exhibiting here are showing a shift towards different styles and subjects. PARVATHINAYAR takes a look PARVATHI NAYAR MYANMAR art has an unexpectedly strong presence in Singapore at the moment, with works of at least six artists on view. The group show entitled651 words
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Article, Illustration486 2002-05-18 17 Cheah Ui-Hoon - Five Australian aid S'pore artists explore the cultural meanings of home ie aa art exkibibou/iastalation By Cheah Ui-Hoon MOST people have a home, in Singapore at least, so it follows that most would understand its concept. Like many "good" things in life, however, we rarely realise what it486 words
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Article, Illustration979 2002-05-18 17 Transaction date: May 17 IBTBKBBW UMUoo KATE8 tt i* ftn h w MMMplM tm 9m m mm* Hm m —< m ro om fm* m MNMN OJM Ofi UK UN UN iW ***** 49J53 0.700 US 2jM UiEtff 27JM UP SM 0277 tMZIM OJM Ca»a4a U72 1144 8.7*5 4JM979 words
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what's in style
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Article, Illustration1222 2002-05-18 18 PARVATHI NAYAR - Say goodbye to the steam-and-squeeze facials of yore. Treatments nowadays take their cue from holistic therapy to promote relaxation and other relief. PARVATHINAYAR checks out some treatments which benefit men as well as women PARVATHI NAYAR Y face is my fortune," IM /I claims the Pretty I M1,222 words
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Page 18 Advertisements
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Advertisement12 2002-05-18 18 fT>i if. I, la j VHhuEGB U1 OvTiv w JiMl tIIAVMP 5-rI12 words
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Advertisement11 2002-05-18 18 m ji t l^- ™jgA*•' '.:*> '4?»/•• tz v v \t vt'11 words