The Business Times, 30 December 2000

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Total Pages: 20
1 20 The Business Times
  • 16 1 THE BUSINESS TIMES MltA (P) 028/12/2000 850 SI NGAPORE Interr.Gt http:,'/business-times.asial .com.sg/ SATURDAY, DECEMBER 30. 2000
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  • 75 1 □sn L 92&83 (+26.30) MBT-SBI U ***** (+13.32) ST INDEX FUTTJBES 1,***** (+16.00) SniSCI FUTURES ***** (+2.10) STOCK MASKET INDICES Friday Change KLSECOMP dosed NIKKEI 225 13,788.® -161JS7 HANG SENG 15.***** +298J8 SET INDEX 269.19 +1.48 JAKARTA COMP ___dosed MANILA COMP —1,***** +8.04 TAIPEI WPI .4,743.94 53.20 SEOUL
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  • 75 1 FOREX RATES US$ SI USSfSSperUSS) 1.714 £(l S$/S$ per 1.498 1687 EURO(US$/S$/E) 0.930 1.612 DM 2.194 1113 YEN 114.8 i_ 66.28 RM 3.800 2.192 HKS 7.800 4.499 BAHT 43.10 24.86 RUP1AH 9,660 6,566 PRIME SATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 39.00 BANGKOK 9.10 MANILA 11.00 HONGKONG 8.50 TAIPEI
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  • 845 1  -  Market confounds pundits, with 330 of 459 stocks ending year lower By, Andrea Tan [SINGAPORE] A year ago, stock market gurus were forecasting good times ahead. They couldn't have been more wrong. A look at the top 20 gainers and losers
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  • 614 1  -  Closed-end fond proposes voluntary liquidation of assets, returning cash to shareholders By* Teh Hooi Ling [SINGAPORE] Harimau Investments, a closed-end fund, yesterday proposed a voluntary liquidation of its assets and to return cash to shareholders, making it the second such
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  • 566 1  -  Capit&L&nd keeping EH in stable as it is still profitable By Kalpana Rashiwala [SINGAPORE] Raffles Holdings (RH) will reduce its stake in the $1.8 billion Raffles City complex probably through a securitisation deal to become a "more pure hotel play". This is
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  • Page 1 Advertisements
    • 71 1 INSIDE BT Comment Why there's little interest in tapping Special Account funds. Pg 3 Top Stories Most global bourses mauled by bears this year. Naxt Page Asian investors looking forward to better year. Noxt Page NTUC Income cuts home loan rates. Next Page VDH's net loss narrows to $23.7 m.
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    • 96 1 Creativity, money, i ,^ay| 7v'' -U" v> i 1* v" 4 The Arts. Bnck Pjge Pjc/e 18 i SPpore market oap slides 16% to $308b Fall ranking, Pgs 10 11 !v V >. "t mJT I'lflf 'Will 1 I 1 MM ■||«<|fl HB Htt fl| |fl y V B jaMP
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  • NEXT page
    • 937 2  -  Only six out of world's top 38 market indices make gains, led by Shanghai B with 136.6% rise From Catherine Ong in New York COMPUTERS around the world have had a good run, with nary a Y2K bug in sight. Or almost.
      AFP  -  937 words
    • 885 2 Lower US interest rates offer hope of a stronger performance on Wall St and indirectly for Asia AFP Long-suffering Asian share investors may finally find something to smile about in 2001 although •the year could get off to a rocky start, analysts said
      AFP  -  885 words
    • 415 2  -  Discount from board rate for existing clients applies for two years from Jan 1 By' Vince Chong [SINGAPORE] NTUC Income's home loan clients paying the prevailing board rate of 4.75 per cent per annum can enjoy a 0.5 point cut from Jan
      415 words
    • ON THE grapevine
      • 128 2 WITH the growing competition, local banks are really scrambling to squeeze income from retail banking customers. First, they started charging for the service of changing coins, now they want to charge even when you're giving them money. From next month, OCBC will charge $5 for all cash deposits
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      • 181 2 Vive la France —a la Hollywood THE French have been in the forefront of those decrying the growing influence of American culture around the world. Well, according to estimates by France's National Cinema Centre (CNC), American films are on course for their best year ever in French cinemas this year
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  • SINGAPORE companies
    • 388 3 Turnover, coming solely from service engineering division, falls 26% VAN Der Horst (VDH) Ltd, which went under judicial management and is now in the process of being acquired by the L&M Group, said yesterday it has narrowed its net loss for the financial year
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    • 553 3  -  It feels investors will appreciate its edge in niche business By\ David Boey HYFLUX Ltd, a homegrown water treatment specialist, is going ahead with plans for its initial public offer (IPO) despite bearish market sentiment. The Sesdaq-aspirant said yesterday that it has received
      ARTHUR LEE  -  553 words
    • COMPANYBriefs
      • 89 3 GOLDTRON swung back into the black with a net profit of $1.67 million in the half-year to Sept 30, from a net loss of $1.35 million previously. Turnover rose 33 per cent to $178.3 million. However, it warned that the recent drop in electronics demand
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      • 86 3 TRI M Technologies has reported a wider $11.7 million net loss for the half-year to Sept 30, up from $2.4 million. It said it was affected by its investment in Newer Technology Inc, which continued to register losses without any early prospect of an
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      • 40 3 NEW Wave Technologies says net profit for the half-year to Sept 30 rose to $1.58 million, from $700,000. Group turnover jumped 56.7 per cent to $20.6 million, due to stronger sales across all divisions.
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      • 59 3 CIRCUITS Plus Holdings has repented a 26 per cent rise in interim net profit to $1.31 million and a 6.5 per cent increase in group turnover to $12.9 million. The increase was due mainly to the sales contribution from Advanced Interconnect Substrates, which started
        59 words
      • 58 3 CAS A Holdings has reported a 39 per cent drop in net profit to $2.3 million for the financial year to Sept 30. Group turnover was $74.6 million, a slight dip from $74.9 million previously. Turnover of overseas operations improved 18 per cent, while that
        58 words
      • 53 3 TASTYFOOD Holdings says sales and profit in financial year 2000 are expected to be significantly lower because of weak market conditions in China. In addition to its first-half loss of $1.9 million, the group is expected to incur an unaudited H2 loss of $1.7 million
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      • 90 3 STRATECH Systems, which said previously it expected earnings to improve in the second half, said yesterday that second-half performance is now expected to be affected by unforeseen delays in progress billings from several existing contracts, as well as longer gestation periods for new corporate initiatives.
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    • 161 3 HIT by weak conditions in the construction industry, mesh maker BRC Asia said yesterday it has shed staff and is cutting wages. About 10 per cent of the workforce, comprising factory operators and office support staff, were affected in the
      161 words
    • 740 3  -  I Mock slew serena ng A SUM of $12 billion is nothing to write home about. Or so it seems from the tepid response from banks and fund managers to new rules allowing the investment of CPF Special Account (SA) savings.
      740 words
  • Page 3 Advertisements

  • SINGAPORE markets
    • 563 4  -  I=l comment STOCKS r.sivanithy ARISE in the banks and a handful of other blue chips yesterday gave the superficial appearance of a yearend rally but was really probably nothing more than a thinly disguised attempt at window-dressing the Straits Times
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    • 187 4  -  WARRANT WATCH By R Sivanithy ONE of the first warrants to expire in 2001 will be United Overseas Land's instrument that runs out of time in May. The share now sells for $1.55 compared with the warrant's exercise price of $1.60,
      187 words
    • 250 4  -  HOT STOCK By' Teh Hooi Ling SEMBCORP Logistics shares yesterday surged 60 cents to close at $9.60. Some 150,000 shares changed hands compared with the 10-day average of 134,400. The 60-cent spike yesterday meant that the stock has broken away from its downward channel formed since
      250 words
    • 129 4 GREAT Eastern Holdings has appointed four non-executive directors with effect from Dec 26. They are: the managing partner of Pacific Asset Management Ho Tian Yee, group MD and CEO of The Overseas Assurance Corporation Law Song Keng, deputy president of OCBC Ooi Sin Teik and chairman of The
      129 words
    • 359 4  -  I-li comment CURRENCIES larry wee THE Japanese yen continued to be the favourite whipping boy of currency traders on the year's last day of trading, extending losses marginally to hit a new 16month low of 115 yen against the US dollar
      Source: Reuters  -  359 words
    • 530 4 Stocks Volume PCI 25c 19,856,000 PacificCentury 10c 12,489,000 Briertey NZ1 Oc 11,643,000 GMG Global 5c 8,223,000 PohLian 10c 7,679,000 Leong Hin 20c 6,211,000 Gul Tech 20c 5,356,000 Omni Ind 10c 5,041,000 FHTK Hldgs 20c 4,596,000 OUB DB eCW*****3 4,467,000 Stocks DBS Grp 34,826,759 PCI 25c 24,018,840 Chart Semiconductor 26c 17,425,800
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  • Page 4 Advertisements
    • 993 4 |?j|| HARIMAU INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) PROPOSED RESTRUCTURING TO UNLOCK VALUE FOR SHAREHOLDERS Introduction The Board of Directors of Harimau Investments Limited ("Harimau" or "Company") is pleased to announce a proposed restructuring (the "Restructuring") of Harimau to unlock value for our shareholders. The proposed Restructuring will
      993 words
    • 45 4 Grow Your CPF With eiBht Important All applications for units in eight must be made on the application forms accompanying the prospectus Investors must read the prospectus The value of the units and the income from them may fall as well as rise £3 >IISBATJK
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  • SINGAPORE news
    • 354 5  -  ryr 11 j Byi Anna Teo THE Ministry of Trade and Industry appears to have outdone itself in providing timely data for better economic tracking and business planning. In July this year, it started releasing advance quarterly GDP estimates. These flash estimates, based
      354 words
    • 323 5  -  By Kelvin Ng THE Ministry of Education has expanded its teaching awards to target honours undergraduates and accelerated masters programme (AMP) students at the National University of Singapore and the Nanyang Technological University. In a first, MOE will give award recipients $6,000 in
      323 words
    • 386 5  -  That's 5J% of total $lJbadpie;6oftop 10 advertisers are telcos; travelling billboards deemed most eye-catching By' Vince Chong A TOTAL of $55.4 million was spent on outdoor advertising from January to September this year, according to figures from media research consultancy AC
      Source: AC Nelsen  -  386 words
    • 278 5  -  By Candida Ng FROM 2002, travelling circuses will not be allowed to bring wild animals into Singapore as part of their circus act, the Agri-food and Veterinary Authority of Singapore (AVA) said yesterday. '"The new ruling, which takes effect come
      278 words
    • 137 5 BUSINESS at Parco Bugis Junction was disrupted from noon to 5 pm yesterday after a fire set off the complex's fire alarm and sprinkler system. Shoppers and tenants were evacuated by mobilised staff and the fire was extinguished within a minute upon
      137 words
    • 379 5  -  Narayana Narayana I REFER to your article "Early 2001 could see return of some IPO excitement" by David Boey and Ling Su Ann (BT, Dec 23). In the current ocean of market pessimism, it is refreshing to find an island of opinion
      379 words
    • 101 5  -  Tan Teck Kiam KNTA Architects I REFER to your article "Long live the Civic spirit" by Marissa Chew (BT, Dec 28). We wish to clarify that Tan Kay Ngee is not registered with the Board of Architects, Singapore and not a partner of KNTA
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    • 293 5  -  Fuel prices reduced by np to 7.5%; others seen following suit By\ Bruce Chong SHELL has taken the lead in lowering retail pump prices at all its petrol stations in Singapore, thus ending the wait-and-see game being played over the past
      293 words
    • 187 5 Reuters SINGAPORE said yesterday that it would abolish all import tariffs on Asean goods in the new year and that the city state's companies would enjoy preferential tariffs on their exports to the grouping. The policy goes into effect on Jan
      Reuters  -  187 words
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    • 68 5 We welcome letters. E-mail us at btletter© sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear
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    • 172 5 Ike I ()position :~A collet lion .in answer totasks-mspued aiul 4 if muiulane t precision > quartz movement encased m a Mk satin tinisheil x\ ater-resistant JgF* steel l;out models lour sizes all ilisplax 1110 Ilaw lesslx iluk! lines. 1 lere s our chain e to win one o t
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  • REGIONAL news
    • 590 6 22 of 38 now below offer prices; tech issues better despite Nasdaq meltdown [KUALA LUMPUR] Nearly two-thirds of the companies which went public in 2000 ended the year with their share prices below their initial public offering (IPO) prices, The Star reported yesterday.
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    • 313 6 HONGKONG Bloomberg PACIFIC Century CyberWorks Ltd, which took over Cable Wireless HKT Ltd in Asia's biggest merger this year, is ending the year with another superlative: It was the worst performing stock on the Hang Seng Index. The 20-month old company founded by Richard
      Bloomberg  -  313 words
    • 156 6 Reuters INDONESIAN police arrested the country's most wanted fugitive, the youngest son of former president Suharto, in eastern Java but then let him slip through their fingers again, President Abdurrahman Wahid said yesterday. Mr Abdurrahman did not say when the botched attempt to bring in
      Reuters  -  156 words
    • 60 6 [SHANGHAI] A visitor posing beside a set ofsculptures called "Study of Cloth Decorative Pattern Slave on the Brink in Shanghai at China's Shanghai Art Museum. The two-month long exhibition to showcase 67 artists from 15 countries is China's bid to join a club of
      AP  -  60 words
    • 377 6  -  From] Harish Mehta in Bangkok THAILAND'S tax sleuths are probing the controversial transfer of shares by besieged telecoms tycoon Thaksin Shinawatra to five of his household staff, and have threatened to seize the stock if income and capital gains tax is not paid.
      377 words
    • 255 6 JAKARTA AFP THE Indonesian government is planning to restructure the national intelligence system in the wake of recent "terrorist attacks", Defence Minister Muhammad Mahfud said. The announcement came in the wake of a series of bombings in several Indonesian cities on Christmas eve that
      AFP  -  255 words
    • 167 6 MANILA AFX PRESIDENT Joseph Estrada said he would publicise a list of businessmen who owned corporations that have allegedly defaulted on government debts. "We'll publish all the unpaid debts of those large corporations in newspapers so the public will see who really
      AFX  -  167 words
    • 256 6 HONGKONG Talks break down over tax treatment of bad loans: BOT Bloomberg HSBC Holdings pic, Europe's largest bank by market value, has scrapped plans to buy Bangkok Metropolitan Bank Pel after the Thai government said the two sides disagreed about the treatment
      Bloomberg  -  256 words
    • 453 7 TAIPEI Govt's long-stalled bank merger plans revived; USss4b group will result Bloomberg TAIWAN Cooperative Bank, the island's second-biggest lender, has agreed to take over rival Chinfon Bank, creating a US$54 billion (5593.4 billion) group by assets as the government tries to revive long-stalled
      Bloomberg  -  453 words
    • 291 7 BEIJING Bloomberg THE People's Bank of China denied a report claiming it may dramatically widen the trading band of the Chinese yuan against the US dollar. The report, carried in the China Securities newspaper, said two central bank researchers suggested the yuan should be
      Bloomberg  -  291 words
    • 426 7 Bloomberg MERRILL Lynch Co and Morgan Stanley Dean Witter Co were hired to arrange state-run China Telecommunications Corp's US$B billion (5513.8 billion) initial public offering, the biggest IPO in Asia outside Japan, people familiar with the transaction said. The contract marks the
      Bloomberg; AFP  -  426 words
    • 425 7  -  Float likely to take place daring first half of next year From' Quak Hiang Whai in Hongkong LIM Por-yen's Lai Sun Development Group plans to list Asia Television (ATV) next year as part of efforts to help the group cut its
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  • Page 6 Advertisements
    • 167 6 Ring in the W f New Year W Mark the beginning of the new W W millennium with close friends. j -V A Enjoy dinner at Cafe Georges and f join in the Lobby Countdown. f I New Year's Eve Festive Dinner y I f $200.00 per couple with novelties
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  • Page 7 Advertisements
    • 1394 7 ECON ECON INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Econ International Limited wishes to make the following announcements:1. UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2000 THE GROUP THE COMPANY 2000 1999 Change 2000 1999 Change ss'ooo syooo sj'ooo svooo Turnover
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  • WORLD news
    • 558 8 NEW YORK Reuters THE Dow Jones Industrial Average will get at least one new member in the new year, with Internet powerhouse Cisco Systems Inc seen as the most likely to be invited into Corporate America's most exclusive club. The
      Reuters  -  558 words
    • 411 8 SEOUL USsB3b holding company will speed np banking consolidation AFP SOUTH Korea's four debtstricken banks will be merged under a US$B3 billion (Ssl44 billion) governmentled financial holding company by the end of next March, the financial industry watchdog said yesterday. The
      AFP  -  411 words
    • 267 8 LONDON Reuters OIL prices tumbled yesterday as dealers took the view that petroleum stocks will prove adequate to see the West through a spell of harsh winter weather. London Brent blend futures dipped 61 US cents to U5523.10 a barrel. US light
      Reuters  -  267 words
    • 467 8 Portfolios for health, education, interior department and veterans' affairs given ont Reuters AFP [WASHINGTON] US President-elect George W Bush continued to add to his top team yesterday, nominating Cabinet members to run four domestic policy departments. Mr Bush said he had chosen Wisconsin Governor
      Reuters; AFP; AP  -  467 words
    • 340 8 SAN FRANCISCO AFP HIGH-TECH companies in Silicon Valley are scrambling for backup power sources amid one of California's worst energy crises. Electricity is the lifeblood of high technology. Any outage, however brief, means hours and even days of disruption possibly stalling the
      AFP  -  340 words
    • 551 8 ■LONDON AP IT'S the most successful fee-charg-ing tourist attraction in Britain, drawing more than six million visitors in the past year. But the Millennium Dome will close tomorrow, unloved, mourned by few. Then the bulldozers will move in. Intended as the centrepiece of
      AP; FILE PHOTO  -  551 words
    • 543 9 LONDON Bnt analysts predict layoffs if financial markets remain weak next year FT ALTHOUGH the good times for investment bankers are not quite as good as they were, they are still anything but bad. In spite of a dramatic slowdown in
      FT  -  543 words
    • 701 9 considering that more stocks in S&P 500 Index are up this year NYT [NEW YORK] IS this a bear market? For the stars of the last bull market, the answer is certainly yes. But for other stocks, all is not lost.
      NYT; FILE PHOTO  -  701 words
    • 430 9 LONDON US investment bank advised on USsl.o2t of transactions, preliminary figures show FT MORGAN Stanley Dean Witter is set to be the top adviser for global mergers and acquisitions announced this year, according to preliminary data from Computasoft Research/ CommScan. The US investment bank
      FT  -  430 words
  • Page 8 Advertisements
    • 36 8 B Wfcb CiyiJMR Mindi I I V£>tk I Lianhe Zaobao I Why I I are science I 1 and technical staff I I trained here I I returning I I to China?| 1 I i p
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  • Page 9 Advertisements
    • 157 9 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 and IN THE MATTER OF KANGTAO.COM PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the Creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before 31 Jan 2001 send in their names and
      157 words
    • 785 9 NOTICES^ IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF POULTRY WHOLESALES CENTRE (S) PTE LTD (Incorporated in Singapore) (la Voluntary Liquidation) At an Extraordinary General Meeting of Poultry Wholesales Centre (S) he Ltd (My held a 89 Short Street 109-03 Golden WdlCeare Singapore *****6
      785 words
    • 569 9 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO VISHAY ASIA PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting at the Company deemed to be held on 22 December 2000. the following resolutions were duly passed: 1. SPECIAL RESOLUTION -WMOMG-UP That the Company be wound up voluntarily pursuant
      569 words
    • 618 9 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 VISHAY ELECTRONIC COMPONENTS ASIA PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 22 December 2000. the following resolutions were duly passed: 1. SPECIAL RESOLUTION -WINDING-UP That the Company be wound up
      618 words

  • MARKET cap
    • 568 10  -  80 IPOs conldn't offset losses; electronics stocks hit hardest in percentage terms By\ R Sivanithy [SINGAPORE] Despite 80 new listings this year, the market capitalisation of the local bourse sank 16 per cent or $59 billion to $307.7 billion, thanks mainly to hefty
      FILE PHOTOS  -  568 words
    • 3863 11 CURR i PREV RANK RANK COMPANY MKTCAP %CHNG PRICE CHNG PE DEC 29 DEC 30 (S$M) FROM DEC29 00 FROM RATIO 2000 1999 j DEC30*99 DEC3039 1 1 SingTel *****.4 -22.1 2.69 -21.8 22.2 2 2 DBS Grp *****.8 -25.9 19.60 -28.2 20.2
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  • Page 10 Advertisements
    • 124 10 3 oSe c C\«P* a 0.70 sfe5 fe j S VA id 5-S& o.^O AO C^° Gt UP ,fp^^i^^^MEH^^gS(l|)MWHigBWß^BWfe st top 10 MKT CAP COMPANY SBN 41.49 1 Sing Tel 23.83 2 DBS Group q7 3 SI A 16 .59 4 OCBC 13.68 5 UOB 997 6 HK Land g4l
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  • e-NEWS
    • 494 12 NEW YORK Its future looks brighter in software development business: analysts NYT IT was not so long ago that Sega dominated the video game market. Its Genesis game system, released in 1989, broke ground with its dazzling graphics and mind-boggling speed, beating competitors' best
      NYT; AP  -  494 words
    • 514 12 MURRAY HILL, New Jersey 81% fall in shares of world's No 1 maker of phone equipment Bloomberg LUCENT Technologies Inc shareholders weren't the only people stung by an 81 per cent drop in shares of the world's No 1 maker of phone equipment this
      Bloomberg  -  514 words
    • 197 12 NEW YORK NYT A 23-YEAR-OLD former community college student was expected to plead guilty yesterday to fraud charges for putting out a fake news release about the Emulex Corp, a communications equipment manufacturer. The August hoax cost investors more than US$llO
      NYT  -  197 words
  • 4716 12 Net earn CPS LhHwi S«p 25 I 1.016 1.867 0.96 2.26 Date TY LY TV LY Lee Metal Sep 29 I 2.190 3.284 0.80 1.40 Company ann ($m) ($n» (cts) (cts) LHT Hldgs Sep 19 I 0.777 1.188 039 0.79 L-Jacoberg Sep 12 I 14.582 12.386
    4,716 words

  • FINANCE & commodities
    • 292 13  -  SGX Derivatives TmQkagReport ST S'pore Index Lau Chee Keong THE Singapore stock market yesterday ended in positive territory on its last trading day of the year on optimism that US and domestic interest rates will ease early next year. The benchmark Straits Times Index
      292 words
    • 248 13  -  MSCI Taiwan Index Lau Chee Keong THE MSCI Taiwan stock market yesterday ended down despite a rate cut by the central bank to boost the slowing economy and the merger of two banks announced by the government on the last trading day of the
      248 words
    • 200 13 Reuters [SINGAPORE] THE Philippines, which is buying Indian wheat for the first time in four years, may take a few more cargoes if the first shipment that arrives in January meets quality expectations, traders said yesterday. "They (grain importers in the Philippines) are just
      Reuters  -  200 words
    • 326 13 Reuters London THE last trading day of the year brought no respite for the yen as bears took advantage of thin volumes yesterday to drive the Japanese currency to new 16-month lows against the dollar and 10-month troughs against the euro. The euro retained an upper hand against
      Reuters  -  326 words
    • Article, Illustration
      1247 13 All-series Maturities > a yr, Short I—3yrs. Long >3yrs DITERBAire CROSS RATES c29 CSffcEw Ffr Pw HK$ tnd tts NHah Van Wow KM HZ$ Pah to Peso S$ Band Sfr NT$ Baht Pond USS Australia 0.830 4.5% 0.595 3.907 1.165 4.319 25.874 53.437 0.636 7.005 2.104 1.259 32.*****.693 0.960 4.192
      1,247 words
    • 1860 13 SICOM FUTURES Dec 29 RUBBER (futures closing as at 5.30pm) RSS1 CONTRACTS cents/kg) Close Mm Open Month Ld» Sttt (towns) Interest Jan 01 104.75 Feb 01 106.25 50 Mar 01 106.50 1900 Apr/Jun 01 ***** 300 RSS 3 CONTRACT (us cents/kg) Volume Open Month High low Srtt (towies) trterest Jan
      1,860 words

  • STOCKS east asia
    • 2884 14 HONGKONG AFP +***** HONGKONG share prices rose 2 per cent yesterday, in thin volumes due to windowdressing by fund managers at the end of the trading year, dealers said. The key Hang Seng Index gained 298.98 points on the last trading day for the
      AFP  -  2,884 words
    • Article, Illustration
      1068 14 Reuters Shenzhen B Index +3.79 CHINA B shares ended just a whisker off their highs for the year yesterday, capping a reform-driven rally that made Shanghai's index outperform the world's major indices in 2000. Analysts said hope ran high among investors due to progress towards reforms and a strengthening
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  1,068 words
    • 390 14 AFP £3 WP Index -53^0 TAIWAN share prices closed 1.1 per cent lower yesterday on profit-taking following the sharp rise in the previous session, dealers said. The Taiwan Stock Exchange Weighted Price Index shed 53.20 points to 4,743.94 points, following a 4 per cent rise the previous day, on
      AFP  -  390 words
    • 2092 14 TOKYO AFP □Nikkei 225 -1«L27 SHARE prices in Tokyo ended the last trading session of the year down 1.2 per cent yesterday as gloom over Japan's economic recovery deepened, brokers said. The Tokyo Stock Exchange's Nikkei--225 index lost 161.27 points to end at
      AFP  -  2,092 words
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  • SGX clob & regional stocks
    • 2866 15 BONDS WARRANTS />( 9 Writs Prtn/ Expiry :.r". L*t V«l Oty UttOMto A«f ItiMi Cmv Exar Dm Mttn L Co«H«Y SaH COOP) W* Lwi »«YW S—f Price I mart Rat* Price taaria«2 Le« 51.5 2.5 s Acma W*****4 3 0.5 62 3 2.5 2.5 3 3 41.0 1 300 333
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    • 268 15 AFP NZSE-40 +20.42 NEW Zealand shares rose 1.1 per cent yesterday after gains by Telecom Corp and Fletcher Energy, dealers said. The NZSE-40 Capital Index ended up 20.42 points at 1,901.65 on light turnover of NZ$4B.7 million. For the year the key index fell 14 per cent from a
      AFP  -  268 words
    • 560 15 AFP n All Ordinaries -2S-50 AUSTRALIAN share prices closed 0.8 per cent lower yesterday after early gains were lost in a flurry of late selling, brokers said. The All Ordinaries index ended the day 25.5 points lower at 3,154.70 only slightly above its 1999 closing mark of 3,152.5 points.
      AFP  -  560 words
    • Article, Illustration
      755 15 AFP Q SET Index *L4B THAI stocks rose 0.6 per cent yesterday in light trading due to window-dressing on the last trading day of the year, dealers said. The energy sector drew some interest but investors were sidelined. The Stock Exchange of Thailand (SET) Composite Index gained 1.48 points
      AFP  -  755 words
    • 285 15 AFP Q Composite Index +8.04 PHILIPPINE share prices closed 0.5 per cent higher yesterday with the Philippine Stock Exchange Composite Index up 8.04 points to 1,494.50. Volume reached 1.76 billion shares worth 1.71 billion pesos from Thursday's 288.2 million shares worth 674 million pesos. AFP DacM Nso (000) Abacus
      AFP  -  285 words
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  • 8118 16 SGXMAXNBOARD Transaction date: Dec 29 Cr Cr M Wt 52-Wk T" Last Vol Day Last QuoU Oiv Dlv YM Nat Cap Avg High Low Company Sala COOP) High Low Buyr Sallf H C'vf P/t SmM Prtca MULTI-INDUSTRY 163 68 m c AcrwSOc 70 *2 70 70 68 69
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  • Page 17 Advertisements
    • 382 17 Where to wine, dine and entertain..."t(o>&& SgSStL'SI New Year's Eve Millennium New Year's Eve Romantic International Buffet Gala Candlelight 5-course Dinner Set Dinner $58.80 (Adult), $48 per person. Inclusive of Less 40% (Child) champagne and novelties. New Year's Eve Dinner New Year's Day International Dance Deluxe Room Buffet Lunch 8C
      382 words
    • 49 17 Food For Thought /•iiit' Dining at it\ best IMII llTl IIKI\TVTMT|II 2 course meat $.15.00 t K. Select a starter, then main from our ala-earte menu. Knr an additional 55.00 savor an irresistible dessert as well. shrooms MODERN FINE DINING yn hiriii \irtei t hijnn IV"VVft Reservations: .?.?6 226S
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  • Page 17 Miscellaneous
    • 700 17 M ti ;f w; MMl^Central 12.00 MN Beyond Belief. Cfcanaal Ne»raA«ia book W. *m ifwc r fln »™i. ti„> 1 W) AM The 27th Ameri- 6.00 AM Headlines. 2.00 Headline Graphics. I 7~g |j 6.02 Correspondent's Note- 2.02 To 6.00am: Real-time jjP' 1 8,30 g f r e P M
      700 words
    • 268 17 CRYPTIC CROSSWORD ACROSS 6 Game in the form of a puzzle (6) 1 Net takings? (5) 7 Journey in the fall (4) 4 Breaking foot, totters a bit (8) 10 Not a difficult opponent to topple 8 Regulate speed, after a fashion (4-4) (8) 12 Country players dejected (8) 9
      268 words

  • The Arts
    • 836 18  -  A rolling flow of events amid a debate on quality; controversies and anti-climactic letdowns;ui-hoon, aarok lye and parvathi nayar wrap up the year for you CHEAH UI-HOON, AARON LYE, PARVATHY NAYAR CREATIVITY, money, sex, controversy: what a year it's been for the arts in Singapore! Act One
      836 words
    • NEW AISA BIZ WOMAN
      • Article, Illustration
        1120 19 Black and diseased? No problem, as Cleo Parker Robinson carves out her world in dance, setting up a globally-known multicultural dance company and bagging accolades AP CLEO Parker Robinson's parents ignited her passion for the arts when she was just a young girl in the *****. Her
        AP  -  1,120 words
    • 561 19  -  Compiled by Aaron Lye MUSIC Melodious Spring A performance by the Singapore Chinese Orchestra celebrating the arrival of Chinese New Year with spring melodies. Includes performance by the Soka Chorus and the Soka Junior Choir. Jan 14, 7:30pm, Victoria Concert Hall. Tickets priced at $21, $17, $13 and
      561 words
    • Article, Illustration
      80 19  -  Byi Aaron Lye The buzz: The Peranakan Legacy, a new permanent exhibition at the Asian Civilisations Museum, is a showcase of the rich material heritage of the Peranakans of the Straits Settlements and the Indonesian Archipelago. Plots and players: Numerous dedicated displays highlighting the various traditions of the Peranakan,
      80 words
    • Article, Illustration
      624 20 JENNIFER Tham of the Singapore Youth Choir (SYC) believes that one of the SYC's performances stood out in the local music scene this year: "Professional musicians have said that we put the SSO's programming to shame in terms of experimentalism. I know this sounds pretty biased as I seem
      624 words
    • Article, Illustration
      641 20 WITHER the direction of the visual arts scene in 2000? For sure, one was towards legitimising itself as a commercially viable industry, while at the same time nurturing local talent. The local arts infrastructure was strengthened with the growth of services like specialised art transportation and corporate art
      641 words
    • Article, Illustration
      515 20 COLLABORATION was the name of the game for dance this year. Highlights of the year were productions which involved collaboration in some kind of variation and in varying degrees. The Singapore Dance Theatre (SDT), for one, again broke new ground in its efforts to showcase Eastern talent in the
      515 words
    • Article, Illustration
      469 20 THEATRE, arguably, continues to be the most argued-about artform in Singapore. If the banning of Talaq provoked the greatest argument, ongoing concerns like artistic direction, the role of the media and funding also attracted its fair share of, well, discussion. Raunchy eyebrows were lifted at the controversial volumes of
      469 words
  • Page 18 Advertisements
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      141 words