The Business Times, 5 October 2002
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2002-10-05
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The Business Times
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Title Section19 2002-10-05 1 THE BUSINESS TIMES weekend MITA (P) 010/03/2002 85c SINGAPORE OCTOBER 5-6. 2002 Intt'llW! Http hISIHt'SS IliHt'S .ISMI i'OMl N,|19 words
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Article, Illustration656 2002-10-05 1 Ven Sreenivasan, Serena Ng - This view off fund managers comes as market's trading value takes a plunge Byy Ven Sreenivasan, Serena Ng [SINGAPORE] The latest trading numbers for the Singapore bourse may unsettle investors who fear the exchange is in danger of becoming a penny-stock market. ButCompiled by BT - 656 words
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Article, Illustration776 2002-10-05 1 Conrad Raj, David Boey - Offer is to buy the entire company: Ongßeng Seng's right-hand man Bi Conrad Raj, David Boey [SINGAPORE] The 98 Holdings consortium that is > making a bid for Nat Steel > Ltd said yesterday it is not out to strip the steel mill of itsAFP - 776 words
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Article, Illustration762 2002-10-05 1 catherine ong - SATURDAY SOAPBOX Ong Beng Seng is not one to overpay, so does this mean ifs worth more than his offer? catherine ong SCME corporate deals aren't what they seem to The funniest part about the latest takeover offer for Nat Steel Ltd is the fact762 words
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821 2002-10-05 1 Beth Jinks, Donald Urquhart - Debilitating labour dispute is costing Asia dearly By Beth Jinks, Donald Urquhart I [SINGAPORE] An urgent mediated solution or outright government intervention are the only solutions to the simmering labour dispute that is paralysing US West Coast ports and821 words
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Page 1 Advertisements
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Advertisement11 2002-10-05 1 40" WHAT'S y'l. IN STYLE World of wearable f PAGE 1611 words
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Advertisement13 2002-10-05 1 IN THE NEWS NUS: New dean and new emphasis on SMEs. NEXT PAGE13 words
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Advertisement12 2002-10-05 1 WW ARTSingapore2oo2 Variety, flavour, Temaeek open to any higher offer, Pg 412 words
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Advertisement27 2002-10-05 1 IN THE MONEY Does it pay to stick to analysts' calls? MAE 10 How US dock work has gone to the dogs, Next Pg ill 8"88r181 *****427 words
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next page
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Article, Illustration623 2002-10-05 2 r sivanithy - MARKET REVIEW r sivanithy IT has been another difficult week for all those concerned with the local stock market dealers, investors, and financial reporters alike. Worries over the state of the US economy, the threat of deflation, war, and the increasing number of profit623 words
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Article71 2002-10-05 2 «n 1,367.57 (+15.59) ST INDEX FUTURES 1,373.00 (+16.00) SIMSCI FUTURES 109.60 (+2.20) Friday Change KLSECOMP 644 09 2.33 NIKKEI 225 9,***** +9112 HANG SENG 9,051 XI +6705 SET INDEX 340.92 +4.37 JAKARTA COUP _408.43 1.07 MANILA COMP .1,***** -1.64 TAIPEI WPI 4,067.79 -8.19 SEOUL COMP 650.92 +182 SHENZHEN B71 words
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Article70 2002-10-05 2 FOREX RATES US$ S$ US$ (S$ per I!S$) 1.780 £(l'S$/S$ per 1.568 2.792 EirRO(US$/S$/E) 0986 1.756 YEN 122.8 69.00 RM 3.800 2.134 HKS 7 800 4,181 BAHT 43.51 24 44 Rl'PIAH 9.018 5,065 PftlME RATES SINGAPORE* 5.25 KIIALA LI'MPIIR 640 HONG KONG 5.125 JAKARTA 39.00 TAIPKI 6 625 TOKYO70 words
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Article, Illustration911 2002-10-05 2 EXCLUSIVE New dean Christopher Tang hopes to give undergrads more exposure to SMEs and boost school's links with China tfy Eugene Low [SINGAPORE] A new dean and a new emphasis on Singapore's small and medium enterprises. These are some of the significantCHRIS LOH - 911 words
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341 2002-10-05 2 MD says employee punished for passing internal e-mail to press [SINGAPORE] Comfort Group group managing director and chief executive officer said yesterday he has decided to lift the ban on staff dealings with Business Times journalist Christopher Tan. In341 words
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399 2002-10-05 2 Beth Jinks - Among the worid's most low-tech, but workers highly paid By Beth Jinks [SINGAPORE] US ports are among the most low-tech and labour intensive in the world, and West Coast dock workers are already among the highest paid blue-collar workers in America.399 words
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401 2002-10-05 2 OECD indicates slower times ahead in US and Europe Reuters [WASHINGTON] The United States economy shed jobs in September for 1 the first time in five months, the government said yesterday in a report that highlighted the uneven pace of theReuters - 401 words
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Page 2 Advertisements
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Advertisement124 2002-10-05 2 Ghee Wee's letter to BT, Pg 4 MIS Since 1975 our worldwide staff of ?ir\ over 275 multi-disciplined professionals U f T V including lawyers chartered accountants W k W chartered secretanes and bankers have Jl provided confidential and cost effective company formation in all the major low i w3t124 words
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in the news
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526 2002-10-05 3 Serena Ng - This is provided the terms offered to all non-majority shareholders are the same By Serena Ng THERE is no rule preventing a majority shareholder who plans to take its listed subsidiary private from securing undertakings representing over 90 per cent of the526 words
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295 2002-10-05 3 Reuters SINGAPORE BASED investment company BIL International Ltd, controlled by Malaysian tycoon Quek Leng Chan, said yesterday that one of its major shareholders is still in negotiations to sell a block of BIL shares. BIL made the statement in response toReuters - 295 words
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Article, Illustration357 2002-10-05 3 Siow Li Sen - tt buys 6 Airbus aircraft for delivery over next 5 years Byi Siow Li Sen SINGAPORE Airlines' wholly owned regional carrier Silk Air is buying more planes in line with an expanding network. Silk Air said yesterday it had converted six of its eight AirbusFILE PHOTO - 357 words
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200 2002-10-05 3 ELECTRICITY tariffs will rise an average 3.3 per cent come Monday the second increase this year because of rising fuel oil prices, said Power Supply yesterday. For homes and commercial customers on low tension supplies, this means an increase of half200 words
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Article, Illustration287 2002-10-05 3 BRUNSWICK New Technologies (BNT), a unit of USbased Brunswick Corp, opened its $12.5 million Marine Innovation Centre at Raffles Marina yesterday. The new centre is the result of a strategic alliance among BNT, Raffles Marina and several leading private technology partners in the region. TheFILE PHOTO - 287 words
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Article, Illustration324 2002-10-05 3 S'pore firm makes another bid to enter US defence market Bloomberg SINGAPORE Technologies Engineering Ltd, South-east Asia's No 1 defence company, is interested in doing contract work for a Boeing Co combat system as it tries to break into the world'sBloomberg; Source: Bloomberg - 324 words
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Article281 2002-10-05 3 Arthur Poon - EYE ON THE ECONOMY tourism By Arthur Poon SINGAPORE'S tourism sector has yet to bottom out visitor arrivals in August fell 3.3 per cent year-on-year to about 671,000. This follows a decline of 5 per cent in July. The biggest traffic generator was Indonesia,281 words
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337 2002-10-05 3 THE Singapore media is not a fourth estate of the government, Minister of State for National Development Vivian Balakrishnan yesterday told a gathering of aspiring journalists and other communications undergraduates. "We should strip away the fanciful concepts of the role of337 words
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Article, Illustration445 2002-10-05 4 Laura Cheung - M AILB AG Laura Cheung General Manager Group Corporate Affairs Hutchison Whampoa Ltd WE are writing to lodge our complaint over the Hock Lock Siew piece, "Why Li Ka-shing is spreading his risks", by your columnist Lee Han Shih published on Oct 2. The445 words
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233 2002-10-05 4 Goh Chee Wee - Goh Chee Wee uroup Managing Director and Chief Executive Officer Comfort Group Ltd Singapore I REFER to the press reports concerning my internal e-mail message to the senior staff of Comfort Group, barring contacts with Christopher Tan of The Business Times. It is233 words
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624 2002-10-05 4 Kalpana Rashiwala - With interest rates likely to rise, they may reach CPF use limit by 28th year of loan By Kalpana Rashiwala [SINGAPORE] A new study has warned of a high likelihood that home buyers would run out of Central Provident Fund (CPF) savings before624 words
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349 2002-10-05 4 Professor Ronald Frank - Professor Ronald Frank President Singapore Management University WE are writing in response to lee Han Shih's Hock Lock Siew column, "Why Li Hashing is spreading his risks" (BT, Oct 2), in which there was reference to Dr Li's donation to Singapore Management University349 words
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113 2002-10-05 4 Eva Ho - Eva Ho Vice-President, Corporate Communications Temasek Holdings WE refer to the article "Ong Beng Seng launches Nat Steel bid" (BT, Oct 4), which mentioned that Temasek Holdings is a member of 98 Holdings, the consortium making a bid for Nat Steel. We113 words
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Article, Illustration416 2002-10-05 4 Siow Li Sen - Thtyiy 77% Wow 1996p$ifc —d 47% Mow cwTMrt vihiitioH By Siow Li Sen [SINGAPORE] "Is Singapore office property worth anything?" TWs was the provocative opening line of a Merrill Lynch report The US broker says In the report that the current depressed share416 words
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505 2002-10-05 5 Harish Mehta - Prommin succeeds Somkid as DPM overseeing economic affairs From Harish Mehta in Bangkok ONE of Prime Minister Thaksin Shinawatra's most trusted aides, Prommin Lertsuridej, was yesterday appointed to oversee Thailand's economic affairs in his new role as deputy prime minister, prompting analysts to dub505 words
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309 2002-10-05 5 Bloomberg [HONG KONG] Richard Li, the founder of Pacific Century CyberWorks Ltd, increased his stake in the city's biggest fixed-line phone company, buying shares in the worst performer on the Hang Seng Index for a second time in a month. TheBloomberg - 309 words
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541 2002-10-05 5 Eddie Toh - Management agreement details revealed Frorr, Eddie Toh in Kuala Lumpur MAERSK-Sealand, which quit Singapore for Malaysia's Port of Tanjung Pelepas (PTP) two years ago, could continue to help run the thriving port for more than 50 years, according to a document541 words
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313 2002-10-05 5 Reuters [KUALA LUMPUR] Turkish Airlines said yesterday it will scrap its flights to Kuala Lumpur from Oct 27 in the latest withdrawal by a foreign carrier from the main Malaysian airport. Australia's Qantas, British Airways and Germany's Lufthansa are among several high-profileReuters - 313 words
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616 2002-10-05 5 Higher rates for investors likely after scrapped bond deal Reuters [HONG KONG] Capital has suddenly got a lot more expensive for one of Asia's smartest borrowers. Li Ka-shing, who is the region's richest tycoon, will have to pay investors higher rates in orderReuters - 616 words
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Article, Illustration682 2002-10-05 5 Reuters. Bloomberg, AFP [SHENYANG, China] The tangled tale of Communist North Korea's planned capitalist enclave took another bizarre twist yesterday when Chinese police hauled its Dutch-Chinese governor Yang Bin in for questioning. Duan Xiaohong, a spokesman for the flower tycoon, told Reuters ShenyangReuters.; Bloomberg,; AFP; AP - 682 words
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NOTE BOOK
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Article57 2002-10-05 5 Bloomberg [JAKARTA] Max is Communications, Singapore Technologies Telemedia and Telstra joined the list of suitors to buy a 42 per cent stake in PT Satellite Corp (Indosat), bankers involved in the bidding said. The Indonesian government's sale of a stake valued at about US$408 millionBloomberg - 57 words
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67 2002-10-05 5 MMC Engineering—the listed arm of Syed Mokhtar Al-Bukhary's Malaysia Mining Corporation—hit proposed a one-for-one rights issue of 31.6 million new shares to help fUnd a flood mitigation project called the Stormwater Management and Road Tunnel Project in Kuala Lumpur. MMC Engineering said the67 words
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Article52 2002-10-05 5 Reuters wi\j vicuuuua scuu yoiciuay II Hits won a contract worth about RM800 million (S$375 million) to design and build part of a rail system in Taiwan. The contract was awarded to Gamuda and its joint venture partner, Taiwan's New Asia Construction Development Corp, GamudaReuters - 52 words
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57 2002-10-05 5 Bloomberg [KUALA LUMPUR] Commerce Asset-Holding (CAHB) shares rose as much as 4.3 per cent on news it is tying up with BNP Paribas unit Cetelem SA to offer credit cards, personal loans and other consumer product to the Malaysian market CAHB sharesBloomberg - 57 words
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479 2002-10-05 6 GOLDMAN TANGLE Among those most at risk are eßay's Margaret Whitman and Yahoo's Jerry Yang Reuters [NEW YORK] Some of America's best-known executives may face lawsuits demanding they give up the profits made on initial public offerings they were allocatedReuters - 479 words
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Article, Illustration330 2002-10-05 6 Reuters, Bloomberg [NEW YORK] US banks could face wider-than-ex-pected losses on loans to the telecommunications sector and even other industries, rattling Wall Street ahead of third-quarter earnings results due during the next two weeks. Bank shares fell on Thursday onReuters,; Bloomberg; Source: Bloomberg - 330 words
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Article, Illustration441 2002-10-05 6 Reuters [NEW YORK] Goldman Sachs Group chairman Henry Paulson won plaudits in the business press last June when he proposed a plan to put ethics back into the business mix while speaking before the National Press Club in a rare public appearance.Reuters; BLOOMBERG - 441 words
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263 2002-10-05 6 Staff to gel shares under stricter system instead AFP [SYDNEY] Australia's largest financial services firm AMP Ltd yesterday scrapped share options from its salary packages due to increasing public hostility over excessive executive pay packets. The move is part of new AMP chief executiveAFP - 263 words
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WORLD WATCH
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58 2002-10-05 6 Reuters [BRUSSELS] The European Commission will recommend next week that 10 candidate countries should join the European Union in 2004 but will propose no date for Turkey to start accession talks, a source said yesterday. The 10 are Poland, Hungary the Czech Republic,Reuters - 58 words
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56 2002-10-05 6 Bloomberg [LONDON] European service industries shrank in September for the first time in nine months as orders fell and companies cut jobs. An index based on a survey 0f2,000 purchasing managers in the dozen countries using the euro, compiled by NTC Research, fell toBloomberg - 56 words
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82 2002-10-05 6 Reuters [NEW YORK] Securities and Exchange Commission chairman Harvey Pitt is backing away from the choice of John Biggs to lead the new Public Company Accounting Oversight Board, The New York Times reported yesterday. It said industry executives and at least one prominent RepublicanReuters - 82 words
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67 2002-10-05 6 Reuters [ZURICH] Swiss financier Martin Ebner's debt-laden BZ Gruppe will sell its stake of almost 20 per cent in Lonza Group AG and Mr Ebner will quit as Lonza chairman, the life sciences group said yesterday. The sale, long a subject ofReuters - 67 words
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395 2002-10-05 7 Campaign to protect investors begins with drive for swift resolution to probes NYT [NEW YORK] Scrambling to restore investor confidence in Wall Street, the top US securities regulators and the New York attorney-general said on Thursday that they are working together to swiftly concludeNYT - 395 words
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Article, Illustration296 2002-10-05 7 LAT-WP [NEW YORK] Lifestyle entrepreneu. Martha Stewart resigned from tin New York Stock Exchange board o directors on Thursday. The resignation came a day aftai a Merrill Lynch Co employee pleaded guilty to charges growini out of a probe into whether she re liedLAT-WP; PHOTOS:AP,REUTERS - 296 words
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Page 4 Advertisements
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Advertisement1361 2002-10-05 4 Call triMrce 1806 289 8822 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KOK SUM MVESmrT PTE LTD (Incorporated in Singapore) (In VotaMtary mMMatiM) At an Extraordhary General Meeting of Kok Guan Immanent Pie Lid duty held at 89 Short Skeet 109-03 Golden MM1,361 words
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Advertisement106 2002-10-05 4 I University degree in accounting, ACCA I H •At least 10 years relevant property project I accounting experience of which 5 years I H at a senior level I Experience in setting up accounting system I to track project costs I I Mature, reliable and able to work I I106 words
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Advertisement98 2002-10-05 4 Fax your letters to 6319-*****r email them to btietterQsph.com.sg or write to: The Business Times, SPH HQ, IOOOToa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind Mbei laws. We reserve the right98 words
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Advertisement25 2002-10-05 5 ■exumdbbh _Lianhe Zaobao M I Failure to become I I a lawyer I I turns I yokVicTM^J K| B tSr I f young entrepreneur! I25 words
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Article4563 2002-10-05 6 Transaction date: Oct 4 for mare, go to wurwasiaotienmarkets/xmi HONG KONG JCGHoldings 3.65 0.11 656 Vol Jiangsu Express H 2 05 -003 2110 HO *4- t* Jiangsu Nandasoft Co H j0.46 -003 150 itanaxi Coocwc H 0M -0.02 805 Alpha General 0.02 unch 1900 MmOiemlndH 4.50 0.01 8364,563 words
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Article3539 2002-10-05 7 Transaction date: Oct 4 for live prices, log on to uwywxLswonemarketsxxmi Jf* t** Om, LMQMt. Sfflto Mr SUM MM MCa. U» C—par M» W- (HW I— Iwr M» Cw Wj h3 AMAitvoNLG56c 9 M Mli S? >«*> 10 10 to 113 0.7 1J 16.7 U 145 11.5 A£M-£wtediSc3,539 words
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Article54 2002-10-05 7 ■S"u» B MOM Crtfer Mr firtW MM HCa 25—± O* >— *W t+m cm m >3 ***** 7770 Diamonds USKQO 5100 2700 ISOJlfSTadi UUTOOafcd- -II""**"* S75 SB IS MSO Spore USSSSafcd HMO COO ISSAP500 USSZTOafcd ***** 82® STOWS USB2S0 1105 Iffi ST1ETT100 1405a! *5 9 1405 1)M 140054 words
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Article640 2002-10-05 7 jSS- —caa a a ,r u .aya,«* a?™; Tc??* ,3 IU 545 145 AS Auto Me M S -33 494 17J ,45 J? 5 14 lt IV* 515 105 AST110t X2 4)5 o< n< 175 7 A»——r<, 12 105 2SJ 21 55 AunMcroSc 1J3 S £1 ,,'J £2£640 words
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Article197 2002-10-05 7 PRICES L£GCND Str-t m stacks; c Stocks apprwd under Off mwsuntim Sthmm} H Tw SSP»i»«nd won Cff: ct Conefconrf T«% StlfiSr2— cd ?fr < y^ n^? 4Qww A,,nd cdocumdMfcndcuw*! i^i^<fc r k2lKl.a»o^32!!ij?L <^fe.i. M i?rTwn htii nin r»i ninMmn-U- ir! Wt A*q Pricc is uMd to value th«197 words
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in focus
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Article, Illustration2580 2002-10-05 8 LUDGER WESS - Singapore aims to be a global hub for biomedical science and industry. LUDGER WESS finds out from key players how the Republic is going about achieving that objective LUDGER WESS The writer is senior editor of Bio Century Copyright2oo2BioCentury Publications Inc OUTSIDE of Asia, asl anyone2,580 words
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Article, Illustration282 2002-10-05 8 Rachel Ong - Learn the inside story of Singapore's biomedical push By Rachel Ong IF Molecule to Man makes you think of a science fiction movie, then you are wide of the mark. Rather, it will lead you to a seminar that will give you the inside story282 words
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What's in style motoring
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Article, Illustration1378 2002-10-05 9 LIONEL SEAH - Does Volvo's XC9O sport-utility vehicle rock or does it quiver? LIONEL SEAH takes a ride to find out LIONEL SEAH The writer, an occasional contributor to BT Motoring, travelled to Mont-Pelerin, Switzerland, for the test-drive IT would be an understatement to say SUVs (sport-utility vehicles) are gaining popularity.1,378 words
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Article, Illustration320 2002-10-05 9 Christopher Tan - By Christopher Tan I* you hurry, you might just be able to get your hands on one of the world's sexiest sports cars for Chinese New Year. Nissan distributor Tan Chong International has opened bookings for the Nissan 350Z a 280-horse-power, 260kmh, 3.5-litre V 6REUTERS - 320 words
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BRAVE NEW WHIRL
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Article130 2002-10-05 9 VALEO's new parking slot measurement system, which advises the driver if the car will fit into a given parking space, has been selected by two European car makers and is due to be installed on several future models Just-auto.com reported. The parking slot measurement system,130 words
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Article, Illustration123 2002-10-05 9 FORMER world rally champion Colin Mcßae will drive for Citroen next season, AFP reported. Mcßae's current deal with Ford expires at the end of the season but the team will not renew the contract, opening the way for the 34-year-old's switch to123 words
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Article116 2002-10-05 9 JAPAN'S top tyre maker Bridgestone said rival Yokohama Rubber has joined its alliance with Germany's Continental Ag for a new tyre security system. AFP reported that the three plan to develop so-called "runflat" systems that help drivers control their cars in the event their tyres lose air116 words
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Article, Illustration110 2002-10-05 9 COMPONENTS and systems maker Delphi will be BMWs key supplier for three future models. The US company, which is already supplying parts for the 7-series and Z4 roadster (above), has a co-development scheme with BMW. This will allow the two companies to develop and110 words
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136 2002-10-05 9 DELPHI, the world's largest auto components company, has unveiled a new vehicle security system designed to combat the threat of terrorist hijacks of US commercial truck fleets, reported The Financial Times. The system, known as Truck Secure, uses computer software and global-posi-tioning systems to136 words
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Article95 2002-10-05 9 HELP is at hand for would-be Porsche and Ferrari drivers whose wallets limit their choice of vehicles to rusting hatchbacks. New Scientist reported that US inventors have developed a car radio that delivers a choice of mighty roars from vintage classic cars and motorcycles.95 words
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Article98 2002-10-05 9 CHRISTOPHER TAN - Compiled by CHRISTOPHER TAN FORD Motor expects sourcing for parts and components from China to reach US$l billion by the middle of next year and more than US$lO billion by mid-decade, reported The Financial Times. The plan is part of its urgent drive98 words
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in the money
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Article, Illustration1402 2002-10-05 10 teh hooi ling - SHOW ME THE MONEY teh hooi ling IS there value in stock analysts' recommendations? In other words, can you profit from the publicly available recommendations they make? In the aftermath of the dotcom bust over the past two years, the role andCompiled by BT - 1,402 words
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424 2002-10-05 10 Patrick Peck - Venture's lomega plant buy prompts two upgrades By] Patrick Peck The author is vice-president at Paris-based JCF Group THIS week saw a total of 22 opinion changes 12 upgrades versus 10 downgrades against a backdrop of plunging stock markets in the US, Europe,424 words
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882 2002-10-05 11 Teh Hooi Ling - M 0 N F Y TALK Teh Hooi Ling THOSE who have invested in stocks would not be unfamiliar with the following situations: You have sold a stock after making a $500 profit. But to your horror, it continued to rise882 words
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Article, Illustration625 2002-10-05 11 THE number of on-line traders is expected to grow phenomenally worldwide, and along with it, international investing. Why invest globally? inversmcanon cuts nsK In addition to diversifying into different companies or segments in a single market, global investing casts a wider net to allow investorsFILE PHOTO - 625 words
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Article2698 2002-10-05 10 UNIT TRUSTS FUNDS Com Global Health Index Fd 0788/ Com Global Telecom Index Fd 0.34» Com Global mfotec Index Fdl" OJW Ml ttmm Ami im (Vmi) Com Global Ener® Index Fd 0 80V OS7V Com Global Treefllndex Fd 0M2/ Com Spore (end Find/* 1063/ Star Europe Bal 0 909T Star2,698 words
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Article1210 2002-10-05 11 I for week beginning Sep 30 rnmmm m ■a* TT IT 1* UT C——y w n w w AMHMgi M»l UK Mm IJK UK Am I 17JS3L UK 2JL ML »s«l 0J» 1MB. Mi 0J4L MmOc 24-Sap I MM. 0*4L OlIX U& »S« I 0 S3711,210 words
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Page 11 Advertisements
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Advertisement168 2002-10-05 11 4X4M4GMZIN6I Feature 1 Rubicon Trail in USA I The holy ground for offroaders I Test Drive 2 RANGE ROVER Extreme Off road Car 1 NISSAN PATROL 1 land rover freelander X <4 sS ■-A Events 1 SBfc The Journey to Gannan Hp'., Asia Cross Country Rally 2002 1 J i168 words
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week in review
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Article, Illustration1140 2002-10-05 12 For the full stories, visit http://business-times.asial.com.sg Private home prices crept up 03% in Q3 LATEST government flash estimates show private home prices rose 0.3 per cent in Q3 over the preceding three months the first gain after eight consecutive quarters of decline. In the public housingREUTERS FILE PHOTO - 1,140 words
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Article292 2002-10-05 12 EDITORIAL 00/ Don't count on growth in 2002 AT its just-concluded annual meeting with the World Bank, the International Monetary Fund asserted that "global economic recovery will continue". But as one IMF official has said, "there's an institutional pressure to over-promise", so much so that for the292 words
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Article1987 2002-10-05 12 Transaction date: Oct 4 KUALA LUMPUR J.M unch 20 Ml 173 -0.14 S m w- c—m WhduwB a 16 -aoi 5 GBdang 0.91 -0.01 2 AIMMly 057 552 315 6«mud» ICO inti 1406 Abric AM 0.02 M GanedCorp a77 003 5 ACPMustries 550 unch 135 General C«p 0J0 0.011,987 words
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Article402 2002-10-05 12 Transaction date: Oct 4 —TlSSSSL m Qm ohm I f g)M is £-£?»< o« ?££> ST" 8 sn.»» ar is is ap* a j» gtf- s ;s a p—2 SI gag If II ils: i ssar a ;s sa SS2T g SSs S I 8 1, I P-- gl402 words
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Article554 2002-10-05 12 BONDS WARRANTS Cmm bar *Mk ttm-'tCm r*m mm w» u» AST1 *©***** 173 1 It 179 0 69 20 AanaLMMftMlllt 05 -2 91 1 50 818 IIjOO 25 An*kW050t10 573 13 203 1 33 -1 158 32 *nwronow0«20 1 1 10 148 4.50 19 8art«SA09O9O110k 108 Bar 65***********k BoreMsMM***** 03554 words
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What's in style
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Article, Illustration1753 2002-10-05 13 JAIME EE - Spa treatments amid nature allow JAIME EE to soak in the restfulness of Pangkor Laut Resort in M'sia JAIME EE FOR some odd reason, Malaysia isn't quite the first place that comes to mind when planning a spa vacation. Thailand for sure, and Indonesia, but for all1,753 words
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Page 13 Advertisements
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Advertisement618 2002-10-05 13 I wine&dine with weekendßT ||1 j JW TtoMmuxM. 'iteMor HouilaxlS. Tel. ***** IB J iS! M W T fr T Sman M& M Weekend and oubfchoWeybunetluntfteoverfa.* on f """t' I I I!!!!!! S3?SuSon£ san*,.***********.*,*™,. mOrch.JSTS.mTH,I |Sflf N~ <*«*««* <>*«.*« J ~S" syzsassssr ar=.-— —> Enjoy a sumptuous meal or simply618 words
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shopping
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IN STORE
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Article, Illustration128 2002-10-05 14 What's new in stores this week STORAGE space is a premium, even in cyberworld. No wonder it's getting smaller these days. A range of portable hard disk-type storage devices has hit the shelves of computer stores. One of them is Anypak, a lightweight (127g) micro-size storage device by128 words
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Article, Illustration95 2002-10-05 14 YOU know you can stride with poise with a name like Beverly Feldman on your feet. Wear them to the supermarket or to your best friend's wedding that's the beauty of such a pair of fabric mules, designed to sooth the aching sole and pamper the95 words
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Article, Illustration121 2002-10-05 14 LOOKS like there's a price-busting racket at Royal Sporting House and Why Pay More. A wide range of Wilson tennis rackets is on offer between 20 per cent and 40 per cent off. Hence, a top-of-the-range Wilson Traid Hammer Rollers 2.5 can be had for $357.80 (usual121 words
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Article212 2002-10-05 14 MIKE CHUA - Compiled by\ MIKE CHUA Scotts thoppNg Cwtii: From now to Oct 25, enjoy a gamut of $3.00 mouth-watering meals that includes a main dish and a Coca-Cola iced drink right in Orchard Road. Just present the coupons distributed around Orchard area when making your purchase. Note: Promotion is valid212 words
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Article509 2002-10-05 14 CHEAH UI-HOON - Retailers are honing their soft-sell skills in these hard times to win over increasingly sophisticated customers. CHEAH UI-HOON reports CHEAH UI-HOON Nothing beats a reputation that's been established by word-of-mouth; but of course, in this fast-moving world where consumers are constantly bombarded with new products, word-of-mouth reputation is509 words
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Article, Illustration1238 2002-10-05 14 CAT ONG - Innovative label Zara saw merchandise fly off the shelves in less than a week of its opening. CAT ONG finds out how it stays a cut above the rest CAT ONG ON Monday, barely four days after opening at Ngee Ann City, the local distributors of Spanish fashion1,238 words
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Page 14 Advertisements
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Advertisement11 2002-10-05 14 The Esplanade 'm/zmm w~~ I Bnk nn^Bfl| In Sunday Life! tomorrow11 words
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What's in style
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Article, Illustration885 2002-10-05 15 PARVATHI NAYAR - ARTSingapore 2002 takes on international flavour with a wide range of works. PARVATHINAYAR reports PARVATHI NAYAR VISUAL arts lovers are in for a time of gluttony, the chance to sit down to a mul-tiple-course art feast that opens with the Southeast Asian paintings auctions tomorrow; art at885 words
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Article, Illustration550 2002-10-05 15 Cheah Ui-Hoon - By< Cheah Ui-Hoon A TPTAL of 189 works valued in excess of $5 million under the hammer for Sotheby's auction of South-east Asian paintings tomorrow, held at the Regent Singapore. And while Christie's has moved its auction to Hong Kong, art collectors can still550 words
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ART beat
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Article103 2002-10-05 15 CHUA Mia Tee, 71, is one of Singapore's foremost realistic artists. He has captured significant moments in history with portraits of the country's five presidents and their ministers, recorded parliamentary meetings and certain key political events on canvas. He was commissioned by the Board of Commissioners of Currency,103 words
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Article137 2002-10-05 15 CHINATOWN, commonly known as Kreta Ayer, had been the activity hub of immigrant Chinese in the early days. Since then, it's also been the subject of many local or foreign artists who try to capture the heart of Singapore on canvas. Chinatown My Chinatown in Chinese ink is137 words
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Article72 2002-10-05 15 IN conjunction with its 40th anniversary, the Angkatan Pelukis Aneka Daya (Apad) or Association of Artists of Various Resources, is showcasing works by 40 different artists. Forty is a contemporary art exhibition with the attitude of thematic concept and collaboration. There are varied expressions of either numerical concept,72 words
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Article93 2002-10-05 15 CHEAH UI-HOON - Compiled by CHEAH UI-HOON THREE prominent local artists Tay Chee Toh, Goh Ee Choo, lan Woo, one Thai artist Thaweesak Srithongdee and young artist Ken Hua exhibit new works. Artist and sculptor Tay incorporates the human figure in a new and creative manner. Goh believes art has the93 words
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Article, Illustration631 2002-10-05 15 Transaction date: Oct 4 IHTKitBAMK CE088 RATES -i ,m f ,m m ta** UN OK un 4» IMC 4UC ftm urn rn tUB unuk us MtunwiMi c— 1,9 w UM 3M» SUK 0.7W 7.7M ZJM US VJR ibM U22 UC (.fM »ao 27.4W MR MM Ota UM MR UQ631 words
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Page 15 Miscellaneous
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Miscellaneous304 2002-10-05 15 CRYPTIC CROSSWORD ACROSS 6 Head of company, one going 1 Pudding for boy with mea- n ch °PP er 7 sies? (7 4) 7 Fllm society member at 9 Fix to come to a city (4) thrash for audience (7,4) 10 Using royal name, factory n drink, concentrated less took304 words
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What's in style
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Article, Illustration1478 2002-10-05 16 PARVATHI NAYAR - When imagination takes flight at the 16th World of Wearable Art Awards in New Zealand, delightful creations result as parvathi nayar finds out PARVATHI NAYAR COMBINE a fantastical John Galliano fashion extravaganza, an avant-garde art show and the Cirque du Soleil; the result sort ofREUTERS PHOTOS; PARVATHI NAYAR - 1,478 words
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Page 16 Advertisements
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Advertisement12 2002-10-05 16 Jtlul I INIi I sees runaway sales in Ist week of opening.12 words
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Advertisement9 2002-10-05 16 m, lb w-• je Mrnl MOTORING ft® iMI i-9 words
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