The Business Times, 7 September 2002

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Total Pages: 16
1 16 The Business Times
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  • Title Section
    Lock icon Masthead
    9 1 THE BUSINESS TIMES weekend SINGAPORE SEPTEMBER 7 8, 2002
    9 words
  • Article
    Lock icon NOL takes a hit with interim loss of US$151m
    652 1  -  CEO sees second-half improvement but expects full-year loss for 2002 By Donald Urquhart (SINGAPORE] Neptune Orient Lines said yesterday it will likely remain in a sea of red ink for 2002 after posting a worse-than-expected first-half net loss of US$l5l million.
    652 words
  • Article, Illustration
    Lock icon Merrill accounted for under 3% of Chartered trades
    445 1  -  Reports by\ David Boey (SINGAPORE] Merrill Lynch, the investment bank that is acting as financial adviser and underwriter to Chartered Semiconductor Manufacturing's rights issue, is said to have accounted for a tiny percentage of the trades some say less than 3 per
    ARTHUR LEE  -  445 words
  • Jacobs is 6est man to lead any NOL bid for P&O
  • Article, Illustration
    Lock icon The age-old barrier to exercise is no excuse
    1064 1  -  B SATURDAY SOAP R No time?ToooM? If the US president can make time to work oat five time*a week, so too can other* anna teo PRIME Minister Goh Chok Tong hit on a novel way to sell the "Healthy Lifestyle" message this
    1,064 words
  • Article
    Lock icon Chartered sped up cash call after SGX query
    587 1 It ovtghiaffy planned to raise funds later this month [SINGAPORE] Chartered Semiconductor Manufacturing revealed yesterday that it accelerated its plans for its U***** million rights issue after it was quizzed by the Singapore Exchange (SGX) on the steep fell of its share
    587 words
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    • Article
      Lock icon NUSS out of the running for Pinetree club bid
      759 2  -  Proponents lost out by mere three votes after long emotional debate By\ Ven Sreenivasan [SINGAPORE] NUSS The Graduate Society which recently emerged as a potential frontrunner in the bid for Pinetree club is now out of the game. Following an emotional
      759 words
    • Article, Illustration
      Lock icon A war premium and the siege mentality
      648 2  -  j MARKET REVIEW r sivanithy WHAT we're witnessing in equity markets today is the pricing in of a war premium and the siege mentality that comes with it. In such a climate, good news is ignored, no news is taken as bad news,
      648 words
    • Article
      Lock icon MARKETS
      71 2 □m 1*4424* (-5.19) ST MMEX FUTURES M4S.00 (1.00) nima murks mM 17*40 (-0.50) Friday Change KUEcnw mm use NIKKEI 235 1.1907 S3D5 HAW) SENG A.72BM 41? 800*00 SUM .U0 JAKARTA COUP .4*7 M M MANILA COUP .1,1*1*1 *tSt TAIPEI WPI 4.4SM7 -747H SEOIXCOMP 70K71 |1» 8HKNZHN B WU 4M
      71 words
    • Article
      Lock icon FINANCE
      73 2 KMKX RATH US$ M l'S» (SI per I'8») 1.7641 £|VSSS$ per t) I .Sto 1743 OMOfUStttt/E) 0»2 17* YEN I IRS (7 JO (W JUW tl72 HKt 7 MOO 44M BAifT 4117 Ml 4 RITIAJI ft.H68 km PKME RATES «NGAB>RE" UK KUALA UtlWH 140 BONO KONG i I2T. JAKAKTA
      73 words
    • Article
      Lock icon Pro-tem group raises doubts over Pinetree mortgage
      404 2  -  Mortgage may be void without approval of mortgagor's shareholders, it says By\ Serena Ng [SINGAPORE] The pro-tem committee seeking to buy the Pinetree Town Country Club yesterday said it has been advised that mortgages involving the club may be void if they were
      404 words
    • Article
      Lock icon Evergreen, PSA sign new long-term deal
      499 2  -  UAIIIIMA frail dfgnmcam volume or tramc win be handled by PSA By Donald Urquhart [SINGAPORE] In a surprise move, Evergreen Marine Corporation has signed a new long-term terminal service agreement with PSA Corporation under which a "significant volume" of traffic will continue to be
      499 words
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      Lock icon Page 2 Advertisements Column 1
      77 2 Correction IN our article headlined "A to Z of CPF financing" in last weekend's edition, we said ABN Amro's lowest variable housing loan package comes with the condition that borrowers have to buy unit trusts from the bank. ABN Amro has pointed out that the condition was required only during
      77 words
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      59 2 lE including lawyers chartered accountants #> y 4 t chartered s-ecetaf.es and banners have I corrpany formation :r, all the T>a t O' 'o.v tax areas including Jnjj* iWOfc. iSM*. _IM» V A Incoipcrjtion Fees from USS500 The world's leading Florence Nathan Offshore tl Company and Tax Tel: (65) 6535
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  • in the news
    • Article, Illustration
      Lock icon Citiraya posts $6m H1 profit in maiden report
      643 3  -  Turnover up 45% to $24.3 m for electronic waste recycter By'. Rachel Ong IF you thought rubbish was worthless, you couldn't be more wrong electronic waste recycler Citiraya Industries turned in a stellar set of half-year results yesterday. Turnover surged 45 per
      ARTHUR LEE  -  643 words
    • IN BRIEF
      • Article
        Lock icon Cybermast narrows first-half loss
        79 3 Reuters CYBERMAST Ltd Mid its net km narrowed in the six months to June 30,2002, to $1.24 million from (3.61 million a year ago. Loss per share decreased to 2.24 cents from 6.56 cents. Turnover fell to <0.45 million from 10.99 million. Cybermast is engaged in
        Reuters  -  79 words
      • Article
        Lock icon Twinwood deeper in the red
        111 3 Reuters TWINWOOD Engineering said it posted a deeper net loss in the six months to June 30,2002, of $8.36 million from a loss of $2.35 million year ago. Loss per share increased to 0.96 cent from 0.27 cent. Turnover rose to $3.52 million from 12.20
        Reuters  -  111 words
      • Article
        Lock icon Singapore Reinsurance profit up
        86 3 Reuters SINGAPORE Reinsurance said net profit was up 4.3 per cent in the six months to June 30,2002, to $5.78 million. Turnover was 15.4 per cent higher at $36.4 million. Earnings per share was 1.25 cents from 1.20 cents. Dividend was unchanged at one cent. The
        Reuters  -  86 words
      • Article
        Lock icon General Magnetics loss widens
        83 3 Reuters uENKKAIi Magnetics said its net loss widened in the six months to June 30,2002 to $1.97 million from a $1.58 million loss a year ago. Loss per share increased to 1.97 cents from 1.58 cents. Turnover fell to $12.78 million from $14.61 million. General Magnetics
        Reuters  -  83 words
      • Article
        Lock icon Westech's interim earnings slip
        92 3 Reuters WESTECH Electronics said net profit slipped in the six months to June 80,2002, to $0.46 million from $2.84 million a year ago. Earnings per share fell to 0.47 cent from 3.01 cents. Turnover dropped to $46.58 million from $62.78 million. Westech distributes electronic components, and
        Reuters  -  92 words
      • Article
        Lock icon Expansion costs lower Novena profit
        81 3 Reuters NOVENA Holdings said net profit was down 23.5 per cent in the six months to June 30,2002, to $0.21 million. Earnings per share was 0.27 cent from 0.39 cent. Turnover rose to $18.06 million from $17.14 million. Novena is a manufacturer of household furniture
        Reuters  -  81 words
      • Article
        Lock icon Aspnetcentre's H1 profit falls 58%
        124 3 Reuters ASPNETCENTRE said net profit was down 58 per cent in the six months to June 30,2002, to $0.50 million. Earnings per share fell to 0.21 cent from 0.50 cent Turnover was $14.02 million from $17.72 million. Aspnetcentre Ltd is involved in electronics business and
        Reuters  -  124 words
    • Article
      Lock icon Ellipsiz reports $23m loss, seeks new partners
      384 3  -  Turnover slumps more than 60% t0539.6m By[ Serena Ng SEMICONDUCTOR solutions provider Ellipsiz yesterday posted a hefty net loss of $23.1 million for the year ended June, taking sizeable provisions while operations at its microfab continued to bleed. The company revealed yesterday that
      384 words
    • Article, Illustration
      Lock icon SIA in index that global funds watch
      389 3  -  By I Conrad Raj FOR the second year running, national carrier Singapore Airlines has made the Dow Jones Sustainability World Indexes (DJSI) the only Singapore company and only one of three airlines to be included. "We're proud to be on this list," SlA's
      389 words
    • Article
      Lock icon Ho Bee buys Thomson Road site for $18m
      269 3  -  Byi Andrea Tan HO Bee Investment has bought a freehold site, which is being used as an interim carpark, from Thomson Medical Centre for $18.35 million. At that price, the land cost for the 48,935 sq ft site works out to $268
      269 words
    • Article
      Lock icon Asian carriers slide on Iraq war worries
      543 3 Bloomberg THE threat of a US-led war against Iraq is driving up fuel prices, reversing this year's stock gains for Singapore Airlines Ltd and other Asian carriers. Shares of SLA had their biggest drop in a month on Thursday, extending their decline to
      Bloomberg  -  543 words
    • Article
      Lock icon SingTel launches picturemessaging service
      186 3 Bloomberg SINGAPORE Telecommunications Ltd, South-east Asia's biggest telephone company, is introducing a service today that allows mobile-phone users to send digital photos to each other. The service, known as multimedia messaging, will be free until Oct 31, Sing Tel said in a statement to the Singapore
      Bloomberg  -  186 words
    • Article
      Lock icon List of M1 suitors narrows as Maxis says no
      308 3 Bloomberg i [KUALA LUMPUR] Maxis Communications Bhd says it will not buy a stake in Singapore's No 2 mobile-phone operator, narrowing the list of suitors for Mobile One Asia Pte and complicating the task of selling the company. Jamaludin Ibrahim, chief
      Bloomberg  -  308 words
    • Article
      Lock icon Prudential standards on home loans stay
      454 4  -  MAS expects banks to continue to apply prudent credH standards when granting loans By rrrrr Siow Li Sen THE Monetary Authority of Singapore said yesterday it has not eased its prudential standards on housing loans and expects banks to continue to apply prudent credit
      454 words
    • Article, Illustration
      Lock icon New projects scrap deferred payment offers
      619 4  -  Buyers opting for prawn payments with better discounts By Vince Chong DEVELOPERS are doing away with the deferred payment scheme (DPS) for new projects now that more buyers are opting to pay progressively, and forking out less for it. Since the DPS was introduced
      FILE PHOTOS  -  619 words
    • Article
      Lock icon Separating water issue may solve problems: Dr M
      181 4 Bernama [CYBERJAYA] Malaysian Prime Minister Mahathir Mohamad said yesterday that separating the water issue from other matters will help find a solution to some of the outstanding problems with Singapore. "Well to us, it doesn't matter whether to link or not. We
      Bernama  -  181 words
    • Article
      Lock icon Pro-entrepreneurship culture needed
      335 4 SINGAPORE'S biggest shortfall is in entrepreneurship, Senior Minister of State for Education and Trade and Industry Tharman Shanmugaratnam said yesterday. Speaking at Tan Kah Kee Foundation's 20th anniversary, he cited a report last year by Global Entrepreneurship Monitor which ranked Singapore 27th out of 29 countries for
      335 words
    • Article
      Lock icon Exec recruitment up in Aug: survey
      330 4  -  111 THE -Byl Eugene Low THE level of executive recruitment in August was higher than a year ago, a survey by Syd-ney-based executive search firm EL Consult has found. Its executive demand index, which measures executive hiring for finance, IT, management, marketing and engineering
      330 words
    • Article
      Lock icon S'pore to be positioned as Russian firms' export hub
      221 4 IE SINGAPORE is leading a business mission to Russia from Sept 7-14 to promote Singapore as an export services hub for Russian firms, and to allow mission members to identify new business and joint-venture opportunities. "Given that Russia is currently seeking
      221 words
    • Article
      Lock icon Magnum fell alter report that unit faces big claims
      418 5 S«Wng agents to take legal action in proflt commission row [KUALA LUMPUR] Magnum Corp fell more than 5 per cent on the Kuala Lumpur Stock Exchange yesterday after The Star newspaper reported that a gaming subsidiary of Magnum 4D Bhd could
      418 words
    • Article, Illustration
      Lock icon Is this the end of Akbar Tandjung?
      1028 5  -  COMME N T A R Y Iff too early for Megawati and Amien to rejoice yang razali kassim SO A CORRUPTION verdict has been slapped on Akbar Tandjung. But the Indonesian Parliamentary Speaker, one of the most powerful men in the country, is
      1,028 words
    • Article, Illustration
      Lock icon Int'l IT heads laud MSC's progress
      464 5  -  Project has moved beyond ju«t physical i„|-, ,i—, iinioSDitCTure From Diana Oon Abdullah in Kuala Lumpur THE progress made by Malaysia's Multimedia Super Corridor (MSC) project drew supportive comments from international IT company heads at the annual International Advisory Panel (LAP) meetings held in
      AFP  -  464 words
    • Article
      Lock icon Profits at China's top 100 firms up despite global slump
      272 5 AFP [HONG KONG] China's largest firms racked up steady profit gains last year amid the global economic downturn, a report said yesterday. The latest issue of Fortune magazine found profits among China's top 100 publicly traded companies rose 4 per
      AFP  -  272 words
    • Article
      Lock icon China firm plans online fuel oil trading platform
      171 5 Reuters [SINGAPORE] A private energy consultancy plans to launch an Internet-based trading platform for ftiel oil imported into China, providing Asia's biggest buyer with a home-grown benchmark market, sources close to the plan say. Beijing-based China Energy Trust Consultancy Ltd (CET) will
      Reuters  -  171 words
    • NOTE BOOK
      • Article
        Lock icon No change be M in M'sia ve
        66 5 Bloomberg PnJALALUMPPiU Honda MotorOo*tMalt]r«iaß v jqfart venture said Japan's No! antnmatar has not *3 raised its gake to take a coatroflUag interest in fee company. It was reported on Thursday that the < Japanese automaker was to raise its stake in DRB-Oriential-HondaBdntosiperoentfroin«per n^toHoo^ifa^r^L'flMi
        Bloomberg  -  66 words
      • Article
        Lock icon Indon economy may expand 4% year
        74 5 Bloomberg I JAKARTA} Indonesia's government said the economy may expand as much as 4 per cent this year, and signalled it may have to borrow teas than it previously forecast. The Finance Ministry issued the estimates nhoari of a parliamentary debate next month on
        Bloomberg  -  74 words
      • Article
        Lock icon China 11%
        67 5 Bloomberg WONG KONG] China EvertiltfitUditarwdJwd 11 per cent to a four-year low after the company unexpectedly turned in afit*t-fcalfk>es, with i&ti! mainland bank and units 3f three-quarters oftheloes. Shares of China Kverbrljht feO to HK52.45 in Hong Kong, its lowest closing price since Septemberl996. The Hong Kong company
        Bloomberg  -  67 words
      • Article
        Lock icon China blocks second
        62 5 AFP lunwuw] Internet search engine, lees than a west after the JP website run by Google was put out of action for mainland surfers, Internet ussrs reported yestesday. internetasrwrs in Beijiagand Shanghai wemimabfe > access the Altavlsta searchiftsppatet day mcqUßj, n.w.j«4V-- marking another apparent step In an
        AFP  -  62 words
      • Article
        Lock icon PCCW will
        4 5 Bloomberg [BONO
        Bloomberg  -  4 words
      • Article
        Lock icon New World Bank
        36 5 AFP [JAKARTA] The World Bank said yeftiatiay it baa appointed a new country director tor Jndooesia. f the tank stidtottoitement MrStewhMto^dfj Balrd, who was Indonesia country director «*thre» ymn, Untiring,-AFP 1 i "V
        AFP  -  36 words
    • Article
      Lock icon Surprise 5.7% fall for US jobless rate in August
      469 6 LATEST US INDICATORS Payrols up 39,000 as Am recruit for 4tk straight month Bloomberg, AP Reuters [WASffINGTON] The US unemployment rate unexpectedly fell to 5.7 per cent in August, the lowest since March, and companies added workers to their payrolls for
      Bloomberg,; AP; Reuters  -  469 words
    • Article, Illustration
      Lock icon Intel shares surge; sales projection fall less than expected
      252 6 Bloomberg (SANTA CLARA, California] Intel Corp on Thursday chopped US$2OO million off the top of its earlier thirdquarter sales forecast as demand for microprocessors declined. But the reduction was less than analysts had expected, boosting Intel shares which rose as much
      Bloomberg  -  252 words
    • Article
      Lock icon Oil prices jump to highest level in a year on war fears
      443 6 IfeMMkiK of mariwt expected to coflthrae wet into the winter Bloomberg Reuters, AFP [LONDON] Crude oil prices soared to their highest level in a year yesterday on growing market fears of a massive assault on Iraq after US
      Bloomberg; Reuters,; AFP  -  443 words
    • Article
      Lock icon EU lowers growth forecast as exports slow
      391 6 01 price Mke feared, investments being cut, Jobless nears 2-year high Bloomberg, AP [BRUSSELS] For the fourth time this year, the European Commission yesterday lowered its economic growth forecast as exports slow and manufacturers scale back investment. The economy of the dozen countries
      Bloomberg,; AP  -  391 words
    • WORLD WATCH
      • Article
        Lock icon ABB CEO Centerman resigns
        68 6 Bloomberg [ZURICH] ABB Ltd, Europe's biggest electrical engineering company, said cm Thursday that CEO JoergenCenterman resigned after less than two years in the job. ABB didn't give a reason for the departure. Chairman JuergenDormann will replace him, the company said. Mr Donnann will have to pare
        Bloomberg  -  68 words
      • Article
        Lock icon Shoot and talk with this new Nokia
        79 6 Bloomberg [HELSINKI] Nokia, the world's biggest mobile-phone maker, unveiled a mobile phone with a built-in camcorder and a low-end phone with a colour screen to defend its market share. The 3650, capable of capturing video clips, also has a video player, a camera
        Bloomberg  -  79 words
      • Article
        Lock icon Ericsson's rights issue oversubscribed
        60 6 Reuters [STOCKHOLM] Loss-making Swedish telecoms equipment maker Ericsson said yesterday that its US$3.2 billion rights isepe had been oversubscribed, allowing it to cut debt and restructure. The company's shares jumped 7.3 per cent to 6.60 crowns at 0930 GMT on the announcement, even though analysts said
        Reuters  -  60 words
      • Article
        Lock icon Motorola to meet H2 forecasts: CEO
        67 6 Bloomberg [NEW YORK] Motorola Inc, the world's second-largest maker of mobile telephones, expects to meet the second-half revenue and profit forecasts the company gave in July, CEO Christopher Galvin said on Thursday. Sales will be U596.7 billion in the third quarter and US$7.5 billion
        Bloomberg  -  67 words
      • Article
        Lock icon Bezos sells another 950.000 shares
        59 6 Bloomberg [WASHINGTON] Am9zon.com Inc CEO Jeff Bezos sold 950,000 shares in the world's biggest Internet retailer for US$l2.9 million last month, bringing his total sales of the shares this year to $64.7 million. The sale was part of Mr Bezos' programme to sell Amazon.com shares
        Bloomberg  -  59 words
    • Article
      Lock icon Senate votes to penalise US firms in tax havens
      393 7 BM amewifcturt mblu la bar inch romp—tei from wnw federal contract* [WASHINGTON] American companies located in offshore tax havens will be barred from getting some federal contracts under a measure approved by the US Senate cm Thursday. More than a dozen
      393 words
    • Article, Illustration
      Lock icon GE to provide lifetime perks to former CEO: report
      246 7 Reuters, Bloomberg [NEW YORK] General Electric Co agreed to provide Jack Welch, its former chief executive, enormous perks for life, and the company has never disclosed the extent of all of his benefits, the New York Times reported yesterday. Citing papers
      Reuters,; Bloomberg  -  246 words
    • Article
      Lock icon Argentina gets one-year reprieve
      171 7 Bloomberg rBUENOS AIRES] The International Monetary Fund has granted Argentina a one-year delay on repaying US$2.7 billion due next week after negotiations for new loans dragged on longer than expected. The payment delay is the third this year and permits Argentina to avoid defaulting on its
      Bloomberg  -  171 words
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      Lock icon Page 4 Advertisements Column 1
      43 4 mmwmm note: Thou«hhllviiy^Bte illustrated, th® 4x4 GUIDE II OUDCBOOK r«pr—nUlly b«k>w. Collection of dress-up parts available from japanaao 4x4 shops p.,. w 0 Over 15,000 items listed in the catalog psaes! -4x4magazine (Singapore) i i--m Enquiry ptaaaecal 222 4244 or tax 222 9389
      43 words
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      Lock icon Page 5 Advertisements Column 1
      26 5 Lianhe Zaobao I Exclusive interview I I with UMC chairman I I Robert Tsao: I I Global chip industry I coMJfl I sea®***** I I I
      26 words
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      165 5 II THE MATTER OF THE COMFAMES ACT.CAFM AND MTHE MATTER OF w—> umimiiw —we tn uu (In M*mto*n' Voluntary Liquidation) NOTKE Of RNAL MErnNQ NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act Cap. SO, that the Final Masting of the Mem bar* of the company will
      165 words
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      375 words
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  • Article
    Lock icon STOCKS ASIA
    4719 6 Transaction date: Sep 6 for more, go to wwwjc&iaonenmarketsxxmi HONG KONG M 1 *t- tm Alpha General 0.02 inch 1000 AnandaWflngOn 402 inch ***** Angara New Steel M .0.95 inch 1936 AmiGondiH 233 unch 318 AnhuExcreewayH 157 nh 378 ArooraechCorp. 0.36 -001 760 Aaaa Sat Telecom n.oo inch
    4,719 words
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  • Article
    Lock icon SGX MAINBOARD
    2774 7 Transaction date: Sep 6 for live prices, log on to wwwoaiaonerncarket&jco j£t=-s= a a at g-a g.s:3£«£=8 i s i v a s 575 358 c Af%Breweries 498 unch 9 498 JM jk m n« am 43 «*sSS*S J 8.SS 8 a 5 S B M ioUSS&L fift
    2,774 words
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    Lock icon SGX XTRANET
    29 7 a m -r-ara.n a*? g-ara '■"■■Tiif irnSii B5 4# t BMSQSpor* hctwk IMmtBSKoc UMHMnnniim. ummmWB 140 c SI) FIT too MB -1 1 MM MB MB MB
    29 words
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    Lock icon SGX SESDAQ
    693 7 j£5=_a= ■r-ars.-t gra-a a$ 111 AMHMpic 11 a 11 11 u u Hl *s H(»OH71 nod n i 11« £"i as M c AS Auto 10c 2SJ mh J§ 2t 255 245 S5 i? JK 2 ?i? 3 V, Si 5 3U ,S< M 2U MS 27 |j
    693 words
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    Lock icon CLOB INTERNATIONAL
    140 7 a, ,g«a, c?*? y »a 1,4 5 -13 23 *15 «05 »5 >15 40 34 11 5 3 1«| 730 2K 2.1 7.4 243KJ OMgKongSOcHK 1780 MO U U 3 408&5 S5 C 55 51 2 74 U 143 H*.7 M W* 15 11.1 2.1 U HI J
    140 words
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  • in focus
    • Article, Illustration
      Lock icon What went wrong with container shipping?
      954 8  -  The near-record profits of 2000 have given way to a sea of losses. BETH JINKS looks at the vulnerability of this asset-heavy industry BETH JINKS IT seems like only yesterday Neptune Orient Lines chief executive Flemming Jacobs was ridiiig high after announcing a US$l7B
      Compiled by BT; REUTERS,FILE PHOTO  -  954 words
    • Article
      Lock icon The price of discord among cartels
      223 8 FOR decades, rate-fixing "stabilisation conferences" made up of the biggest competing container shipping lines have met to set cargo-carrying prices with indemnity. These all powerful price-fix-ing cartels were granted extraordinary anti-trust immunity by US and European authorities to minimise wild freight rate fluctuations that
      223 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2847 8 UNIT TRUSTS FUNDS AM Amto AM Mgt (S'pora) Star Europe Eatyt* 0 60V Star Europe Bd 1.0V Star Europe Bal 0J2V Star Asian Tiger Eqty 0.68V Star Asia Bond 1.27V Star Asia Balanced 0J21/ Star Global Technology Fund!** a 152/ Star Bhv Finance Japan Fuwll** 0.652/ MuW Strategy Fd 1/
    2,847 words
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  • what's in style motoring
    • Article, Illustration
      Lock icon Silken savagery
      600 9  -  Subaru has tamed its testosterone-pumped Forester to make it less tense and more driveable,so CHRISTOPHER TAN discovers CHRISTOPHER TAN BESIDES making one of the world's most reputable all-wheel-drive cars, Fuji Heavy Industries manufactures trains, buses, aircraft, and generators. Its engineering expertise spans nine decades. But it has never
      600 words
    • Article, Illustration
      Lock icon Clash of the titans
      715 9  -  Over the next few months, luxury car buyers will be persuaded to take to rougher roads. CHRISTOPHER TAN reviews the options CHRISTOPHER TAN SPORT-UTILITY vehicles (SUVs) today have little in common with their forebears the all-road open trucks favoured by rugged and rural individuals living in
      715 words
    • Article, Illustration
      Lock icon Bigger roll-out for Merc E-class
      73 9 BRAVE NEW WHIR L DAIMLERCHRYSLER's Mercedes-Benz division plans to make 200,000 E-class cars this year, after boosting production to 1,000 cars a day at its Sindelflngen plant in Germany. It has already made 100,000 units just six months after the first car rolled out Next
      73 words
    • Article
      Lock icon Font luxury arm to close London HQ
      127 9 FORD Motor's new Premier Automotive Group head, Mark Fields, is shutting the luxury division's London headquarters to cut costs, according to Bloomberg. PAG will vacate the 18thcentury Berkeley Square townhouse and move to Ford's Ingeni luxury car design centre in Soho, where Mr
      127 words
    • Article, Illustration
      Lock icon Slinky 350Z to zip into town in November
      88 9 NISSAN'S most talked about car, the sexy 350Z coupe, is likely to make its debut at the Singapore Motor Show in November. And not a month too soon, either. Parallel importers have already started taking orders for what's widely consid- ered as
      88 words
    • Article
      Lock icon Holiday Down Under with AAS
      71 9 THE Automobile Association of Singapore is organising a fly-and-drive holiday to Western Australia from Dec 1-9. Charges are $2,188 (single), $1,748 (twinsharing), $1,668 (triple-sharing), and $1,488 (child aged 3-11 years). The programme will cover locations like Perth, Mount Barker, Albany, Margaret River, and Fremantle. Expect
      71 words
    • Article
      Lock icon Sweet deal for cleaner fuel
      138 9  -  Compiled by i CHRISTOPHER TAN A SPOONFUL of sugar may not just help the medicine go down in the ftiture, it could also help your car get along, reported Reuters. Researchers say they have found a relatively effortless way to extract the clean fuel source
      138 words
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      Lock icon Page 9 Advertisements Column 1
      24 9 The Rcmgt Rover will debut this month, while the Porsche Cayenne and Volvo XC9oare likely to appear at the Singapore Motor Show in November.
      24 words
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      25 9 Subaru Forester 2.0 XT auto: two-litre turbo Boxer 416-valveDOHC; 177hp/5,600rpm; 24SnmJ 3Joorpm; 0-1 OOkmh in 8. 7secs; 195kmh top speed; $11X000with COE. Call *****33f0r enquiries
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  • in the money
    • Article, Illustration
      Lock icon Managing your home loans
      1239 10  -  SHOW ME THE MONEY Hinting for the best deal? What are the coutdeiaUoM? And If yoy refinance your mortgage, how do yoa calcdate the nvh«i? teh hooi ling SINCE this column started in March, I've mostly tackled issues in equity investments. This week 111 deal with
      1,239 words
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      Lock icon Chartered investors have three options
      354 10  -  The cfcilca m<i oo ooo'sviow of the stock By' Teh Hooi Ling MANY minority shareholders are still fuming over Chartered Semiconductor's US$626 million rights issue announced on Monday that wiped out more than 20 per cent of its share price. The rights, priced at an
      354 words
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      Lock icon What it costs to oversee auditors
      864 10  -  INVESTOR EDUCATION In last week's article, "Needed: a quasi-govt body that audits auditors", SEBASTIAN chong addressed the issue of who should audit the auditors. In this article he continues by looking at the cost of providing this oversight and the role of Singapore's Public
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    • Article
      Lock icon How to increase your savings rate
      549 11  -  MO N E Y TALK By* Teh Hooi Ling LAST week, we talked about budgeting. Now, let's look at some of the ways you can increase your savings rate. If you own a home, there are a number of ways you can cut down
      549 words
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      Lock icon model stock portfolio
      63 11 T** COn r rtc< lnt>od d MP»U and a b—d on tntormattoo from mnm 10 y"* tow»«awi» ot»uu>», fcnii iiMHon wmt |i«MfcOhrmtOt ctm*w+ »*»»":"**»"H** 1 h tor ft. .M. or t» wplWlHito'lw oJtSLrSSy It Brought to you by: SDBSBANK BCon«umtr 1QJ6 BBectrontcg H 5.14 5.29 IflnandajjjerytaM 46.94
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      Lock icon Venture gets three upgrades
      338 11  -  Off week's 29 opinion changes, 16 are upgrades By\ Patrick Peck THIS week we received a total of 29 opinion changes, with 16 upgrades versus 13 downgrades. Several wellknown companies were subject to recommendation revisions as earnings announcements continued to roll in. Venture Corporation turned in
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      102 10 -i fla a* L^HHp.im^Hl jtf >T"fuir a' '^MMMWBBUB^^T^M food soeciatlv Sushi? Teppanyaki? Tempura? Our great selection will definitely spoil you for choice. Slurp up the all-time traditional favourite cold soha noodle, or if you prefer the hot selection, there's fresh seafood udon and Japanese green tea rice! Not forgetting our
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  • week in review
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      Lock icon Top stories this week
      983 12 For the full stories, visit http://business-times.asial.com.sg Stmfr shows GLCs have done better than non-GLCs Sept 4 LISTED government-linked companies have on average outperformed, or at least equalled, other companies in terms of profitability, efficiency and financial returns from 1990 to 2000, according to a study by
      FILE PHOTO  -  983 words
    • Article
      Lock icon What we said
      311 12 EDITORIAL Sept 5 Leading indicators of confusion ANYONE who follows the stream of economic indicators released each week will see their hopes for a rebound alternately raised and dashed TTie average consumer, who may want to commit to a property or new car now that prices have
      311 words
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    Lock icon KLSE
    2105 12 1 Transaction date: Sep 6 KUALA LUMPUR Mi nw» A*Mftaa*y 0.10 <101 12 Abrlc 1.25 -0.03 95 WhtadB 3.10 unch 73 AAwnce Synergy 0.42 -0.Q2 119 AffinHoMnos 024 -0.01 2 Ahmad Zakinas 3.10 -0.14 79 AKCOrp 4.5* -0.02 13 A*bael>e»-.~— i.ii mti 257 Aluminium Co of Mrjia 122 inti
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    Lock icon SGX
    490 12 I Transaction date: Sep 6 tt| <' w at awp *2 J5S!»«"* u» oSJsSL* in 12 222 M! uwn*M** I7J 1J» *0.010 OUI OSS 4 75C .0 050 o« h™ j5» rrr» N1St «3 MK&S 8* Mt MO 1 HO -MM w>«» r sar* s r S 525?? *S
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    Lock icon BONDS & WARRANTS
    542 12 BONDS WARRANTS L"« MCw bm Mk E mZ ">"> r——a w %—u> 1 1*3 21 A*ma Ltd W*****C _1J 1 SO 692 433 X *W*W*****0 775 -1 307 1 1 lil 33 *™"n«9*0«M» 1 >0 VJX) 20 8ar6%SA*****110k t0« inch 40 kar 6 5*******1 10k •omwblMBMIS 03 1 50 7100
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  • what's in style travel
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      Lock icon On the Frisco food trail
      1018 13  -  SYLVIA TAN bypasses the Golden Gate Bridge to find a bounty of fresh produce and expert cooking in Berkeley SYLVIA TAN ALL right, I did see the famed Golden Gate Bridge in San Francisco, but only when travelling to Berkeley to find this out-of-the-way pizza
      PHOTOS by SYLVIA TAN  -  1,018 words
    • Article, Illustration
      Lock icon The game of the name
      783 13  -  Words don't com easy when outturn dash vijay verghose The writer is a Hong Kong-based Journalist SO THERE I was, 30,000 feet aloft, sitting next to someone called Richard. The irony of this was not lost on my son who, as soon as the introductions
      783 words
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      41 13 pfate&dine with weekendßT J tor lunch ex dinner. Lunch (Mon a>»jary,._-... sfssSjl |y ;■<-' j-. Jfa£;. i® jJr.*f- 4 ..>:,' f An wpniurant serving the best of ■111 1 Mtfits include its mrtwuhep. :h ,-l I JfrAfttO* 1 ■BSBSSm^^T •■•i Vv n-. air,
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      97 13 Chicken Burrito Pizza, BroccoH Sundriid Tomato Fusiili and Thai Unguini with Chicken for $12 each with Diners Club Card. Valid for dine-in only. Only j allowed portable per receipt No splitting ofbiHsJM. chtaiM Pvtvate Mhli^ r aiUklf*^ iMjjtfflrtkWl f/.. f 1 chicf) Pa VtaoTs ttrfi H—t—wt SSCuppag* Ttrroce. T*L 6795&55
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      13 13 1 f aii|n|Lkl>/i>v< n„j ®>Ji /(BOO.aga Aoodi TW>*CZM I Bpiwsd of tndWoiisl T^wtf
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      27 13 HB Spoolri (kxAfetootod MdlhoßwdtatMC 1 Iromw&eMej wll>«ohwwwgl«%iZL9o. B v 1 Am fwrfrtt JHWtL I ,g; ftSKWm<■£3S£jfa^ih»i— "> v-j kawan I itewd bMcvw nd m oucunNr wUh l I
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  • what's in style food
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      Lock icon Lunar bonanza
      406 14  -  From ginseng to ganache, mooncakes today come every which way CHEAH UI-HOON checks out the latest offerings CHEAH UI-HOON Mooncakes may not come in all shapes and sizes yet they tend to be round or oval or square but they sure come with all forms of fillings; and
      406 words
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      Lock icon It's a wrap!
      247 14  -  By\ Parvathi Nayar COME Monday, you can really claim to live in the world of the Instantaneous and the world of the Personalised Product. In a tie-up between Coca-Cola and 7-Eleven stores, when you buy your Coke, you can have it shrink wrapped in a design of
      247 words
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      Lock icon A box of chocs, a glass of wine, and thou
      520 14  -  Byi Cheah Ui-Hoon LIQUEUR and chocolate are an intoxicating combination but what about wine and chocolate? One designer chocolatier, Sins Choc Shoppe, is marrying the tastes for these two premium products in their newest concept stores at the Heeren and
      520 words
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  • what's in style art
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      Lock icon Art beat
      473 15  -  A weekly roundup ofevents Compiled by i CHEAH UI-HOON Unidentified objects In a solo exhibition, Visitations, Wilkie Tan investigates "unexplained photography" with the inherent issues of reality versus manipulation. Selected prints of vacation shots with recognisable backgrounds are digitally doctored to include several forms of unidentified flying objects.
      473 words
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      Lock icon Old world in a new age
      389 15  -  SPHktayatkiiectsa contemporary sensibility into By( Cheah Ui-Hoon THE masterful, fluid strokes of Indonesian artist SP Hidayat's expressionist paintings belie his young age. Canvases filled with expressive figures appear to flow from the wizened hand of a mature artist, such is their old world appeal.
      389 words
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      Lock icon Pretty as a picture
      644 15  -  PARVATHINAYAR admires the handiwork on show at Hermes' art installation-exhibition PARVATHI NAYAR WHEN a fashion house announces an exhibition around their theme for the year, you unconsciously expect some sort of product placement a£fair. But Hermes' La Main Heureuse the English translation Happy Hand just doesn't
      644 words
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    Lock icon FINANCE
    712 15 Transaction date: Sep 6 umiwugiMuni T" JlSr h' v mij— si m as. sOajs* «W cUST UM in u! 4« *2 "JJ "JJ MS wnm wn 2x005 u«7 UM r™~ *JJ 12,1 48,1 Mi *4» U» 37 JM BJM UO «JR OJM ***** 24J02 MOt (UM WB 0221 OJM
    712 words
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  • Page 15 Miscellaneous
    • Miscellaneous
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      287 15 mmric crossword ACROSS Workers' representatives I B R c a —hk —j p —i b 6 her 5 b®™ l9 peopte )B '"BtljB" "Jf "B( 9 Complains, rejecting net- 6 J*** 8 to a <*** <* 8 fl H does poorly (7) on^— must inter- —-UJ—Q"-Q— NoSfDaKota^S^ around 8 Concerned
      287 words
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