The Business Times, 18 September 1999

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Total Pages: 20
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 85C MITA (PTlCtTfe ea J THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial.com.sg/ SATURDAY, SEPTEMBER 18,1999
    14 words
  • Article
    Lock icon MARKET SUMMARY
    61 1 am 213L94 (+42.10) wwvtsbi LJBLOO (+20.45) ansa roTDBEs 288.70 (+5.80) STOCK MAMET INDICES Friday Change KLSECOMP 7)3.88 +2.43 NIKKEI 17J4127 +60.68 HANG SENG 13,***** +6424 SET INDEX 438.16 +817 JAKARTA COUP 547.02 -L74 MANILA COMP +1167 TAIPEI WPI *****2 -61J8 SEOUL COMP ***** +904 CLSA CHINA B *****
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  • Article
    Lock icon FINANCE
    79 1 F01EX KATES USS SI USS 1.093 £(US$/S$ per 1.61? 17J8 EURO(USS/SS per E) 1.837 1.767 DM 1-886 0896 YEN 196.6 1.589* RM 3.800 0.446 HKS 7.706 0318 BAHT 40.00 0.042 RUPIAH 8165 0.021 St to 100 unto PRIME SATES SINGAPORE* 6.80 KliALA LUMPUR 7.28 JAKARTA 40.00 BANGKOK 10.00 MANILA
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  • Article
    Lock icon OUB takes home loans battle to its rivals – again
    641 1  - OUB takes home loans battle to its rivals again Fixed rates of 3.75% and 4.75% for first and second years are the lowest ever By\ Siow Li Sen [SINGAPORE] It's war. Overseas Union Bank (OUB), hoping to "corner" the housing loan market, is once again upsetting the applecart by undercutting
    641 words
  • Article, Illustration
    Lock icon They mean business
    139 1 We're coming back with a vengeance. We hope to corner the market Keren Ngui, OUB vice-president %Let me see if we want to corner them. I'm calling an emergency meeting Sim Puay Suang, senior vicepresident and head of UOB*s consumer services sector, when told off OWs latest
    139 words
  • Article, Illustration
    Lock icon Intervention fear puts yen bulls on the defensive
    484 1  -  106.20 yen level seen shaping up as key pivot point for dollar's recovery By Larry Wee [SINGAPORE] Jawboning by senior Japanese officials finally put the yen bulls on the defensive. After hitting a 44-month high of 103.30 yen against the US dollar
    Source: Reuters  -  484 words
  • Article, Illustration
    Lock icon Colours run riot at old police station
    105 1 [SINGAPORE] Passers-by will simply not miss this one. As pari of its $82 million facelift, the old Hill Street Police Station has traded in Us dull, green-coloured windows for a riot of bright yellow, tangerine and red, not to mention green, blue and
    SIEW YAW HOONG  -  105 words
  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      144 1 nfsroE Hew efficient? Prominent US economist Paul Krugman once dismissed the Singapore economic experience as mere growth without efficiency in the Stalinst style. An Australian university academic revisits this controversial subject, Pg 8 1 OuWb flat, thin leek Film Watch Pela (Pela means thin in Japanese) is the complete opposite
      144 words
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      7 1 Japanese economy is still improving, Pg 4
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      29 1 s 5 M X X X S I I -W W*' -"'-W I I 1 .O rV I I r I V: r I /V '.-v\ I ifi. 0 "<
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Key indicators due in coming week set to show robust growth
      784 2  -  EYE ON THE ECONOMY By, Anna Teo A STREAM of good figures is expected in the coming week when several key economic indicators are due to be released. These, plus the past fortnight's numbers reflecting a continuing recovery in
      Source: TDB/forecast  -  784 words
    • Article, Illustration
      Lock icon China losing its lustre for S'pore firms
      923 2 Investors cutting back exposure as ventures meet with more failures than successes Bloomberg FOR Singaporean businessman Paul Yong, it's been eight hard years trying to turn China's potential into profits. Take his plan for a Singa-pore-style food court near Shanghai's famous Yu Garden
      Bloomberg; FILE PHOTO  -  923 words
    • Article
      Lock icon Beefing up CAD to fight white-collar crime
      414 2  -  It will be merged with Commercial Crime Division early next year By' Chuang Peck Ming THE Commercial Affairs Department (CAD) and the Commercial Crime Division (CCD) will merge early next year to fight the rising sophistication and complexity of white-collar crimes. The merger
      414 words
    • Article
      Lock icon Edmund Tie spins off resale unit
      173 2  -  By: Marissa Chew PROPERTY consultancy Edmund Tie Co has hived off its residential resale agency into a separate company for improved efficiency. The consultancy said in a statement to BT yesterday that the new company, called ET Property Network, will help it "cope with
      173 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      53 2 Make mountains out of molehills. With so many fine educational and upgrading opportunities in The Straits Times Classified daily, it's no wonder our readers are inspired to scale the heights of knowledge. Advertise in the Education/ Training section (Classifications 703 to 794). Call C.A.T.S. at 1800-737-1166. CATJS. Buy It. SeO
      53 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Lock icon S'pore Power buys 25% stake in Taiwanese IPP
      364 3  -  $207 m purchase is part of plan to boost power generation capacity overseas By] Eugene Low SINGAPORE Power (SP) has acquired 25 per cent of EverPower, an independent power producer (IPP) in Taiwan, for $207 million. Through its overseas investment arm, Singapore
      364 words
    • Article
      Lock icon McDermott gas pipeline contract stays: Jakarta
      247 3 Project must continue, says mines and energy minister Bloomberg [JAKARTA] Indonesia said yesterday that it won't terminate a US$335 million (***** million) contract for PT McDermott Indonesia to build a gas pipeline linking the West Natuna gas field to Singapore. The contract, which was
      Bloomberg  -  247 words
  • MAILBOX
    • Article, Illustration
      Lock icon Singapore has long been 'Switzerland of the East'
      472 3  -  Robert Meyer Singapore via Internet WITHOUT wanting to delve too deeply into the subject of which Asian country will become something of a Switzerland of the East, I would like to point out several flaws in the reasoning of Mr Malik Tahir
      FILE PHOTO  -  472 words
    • Article
      Lock icon The secret's in a good balance
      119 3  -  Derek Hodgkinson Singapore via Internet I refer to Malik Tahir's letter, "SingJ as regional currency? Slim chance", in BT of Sept 16, especially his comment concerning the Asian perception of Singapore as a Western agent. As a Westerner and a long-time resident in Singapore,
      119 words
    • Article
      Lock icon Censors consider context
      109 3  -  Angeline Yap Public Relations Executive Films and Publications Department Ministry of Information and the Arts I REFER to the letter "Bad language and the censors" by Mak Yuen Teen (Mailbag, BT, Sept 15). We share Mr Mak's points that excessive violence or sex In films are as
      109 words
    • Article
      Lock icon En bloc sale a waste for 'young'property
      316 3  -  Shirley Lee Singapore via Internet I READ with great interest the letter "New owner In en bloc quandary" in BT of Sept 10.1 wish to state that lam in the same dilemma as the writer, who signed off as Lim. Sometime in May
      316 words
    • Article
      Lock icon Resistance to social reforms
      260 3  -  Y Y Fong Singapore via Internet MALIK Tahir's letter "SingS as a regional currency? Slim Chance" (BT, Sept 16) is not only ludicrous in its observations and conclusions about how Malaysia is giving Singapore a "run for its money", it is also a piece of propaganda
      260 words
    • Article
      Lock icon A case for unit trust advisers
      237 3  -  Ben Fok Singapore, via Internet I REFER to the letter "Allow consultants to sell unit trusts" (BT, Sept 16). As a dealer's representative in a local stock broking firm, I distribute the majority of unit trusts authorised in Singapore. I also understand the concerns
      237 words
  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      34 3 The secret of success Taking the right course, of course. Study the wide range of courses available in the Education/Training Section in the Classified Classifications 700 to 799. Buy k. Sal ft Find k.
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    • Advertisement
      Lock icon Page 3 Advertisements Column 2
      27 3 If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C JLT.S. at 1800-737-1166. CATA Another Classified Service
      27 words
    • Advertisement
      Lock icon Page 3 Advertisements Column 3
      63 3 I Thereto many ways ta treasure your ■memories Ihema provides liftvan storage for personal effects you have no use for at the moment and do not wish to discard for sentimental or other reasons Store your surplus furniture and effects with us at a reasonable cost in a secure and
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      Lock icon Page 3 Advertisements Column 4
      16 3 E-mail: btletter@sph.com.sg «wg» (p'h&jkl B* I ■ft I I* I mX. mm W HB Vj W
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  • ASIA ON THE MEND
    • Article, Illustration
      Lock icon Japan economy still improving: EPA
      489 4 However, strong yen is putting the recovery at risk, says agency Reuters [TOKYO] A government report yesterday stuck to the view that Japan's economy is brightening for a third straight month, but expressed concern that the strong yen is putting the tentative recovery at risk.
      Reuters; REUTERS  -  489 words
    • Article
      Lock icon Maybank, Pacific Bank sign merger agreement
      147 4 Reuters [KUALA LUMPUR] Malaysia's largest bank, Malayan Banking Bhd, and Pacific Bank Bhd have entered into a memorandum of understanding for their proposed merger, the national Bernama news agency said yesterday. Bernama said the MOU was for the proposed acquisition by Maybank of all
      Reuters  -  147 words
    • Article
      Lock icon Korean investors told to focus on consumption, export shares
      343 4 Bnt fond manager warns of financial sector problems Reuters [SEOUL] Investors in South Korea should target sectors such as cars, manufacturing and building materials likely to gain from domestic recovery, a fund manager said yesterday. Richard Firth, manager of the US$35O
      Reuters  -  343 words
    • Article
      Lock icon Thai Air delays stake sale to early next year
      306 4 Unfavourable market and economic conditions cited Bloomberg [BANGKOK] Thai Airways International delayed the sale of a 23 per cent stake in Asia's sixth largest carrier until early next year because of unfavourable economic and market conditions, its financial adviser said. The
      Bloomberg  -  306 words
    • Article
      Lock icon Baht slips as firms buy yen to cover Japanese debts
      531 4 Stronger yen pushes Thai currency to one-year low Bloomberg [BANGKOK] The surge in the Japanese currency may have claimed some of its first victims: Thai companies that borrowed yen. The Thai baht tumbled as much as 1.5 per cent to
      Bloomberg  -  531 words
    • Article
      Lock icon Recovery on but aftershocks possible: IMF
      643 4 Official says world economy is reaping the rewards of tough policies IMF advocated in the wake of the crisis Reuters [WASHINGTON] THE world is recovering better than expected from the recent global economic crisis, but there is still a risk of aftershocks, a senior
      Reuters  -  643 words
    • Article
      Lock icon Seoul repays early US$13.5b IMF loan
      266 4 Bridge News [SEOUL] The South Korean government has completed early repayment of US$l3.5 billion (5522.8 billion) in supplemental reserve facility (SRF) loans from the International Monetary Fund by making the last payment of US$BBO million on Thursday, a finance ministry official said yesterday. The
      Bridge News  -  266 words
  • Page 4 Advertisements
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  • THE REGION
    • Article, Illustration
      Lock icon Bid to follow money trail blocked, PwC tells House
      766 5  -  CRISIS Df INDONESIA Revelation, which confirms reports, farther erodes govt's credibility: analysts From, Shoeb Kagda in Jakarta CONFIRMING earlier reports of governmental obstruction of its work, PricewaterhouseCoopers (PwC), which investigated the Bank Bali scandal, said yesterday it was prevented from completing
      766 words
    • Article
      Lock icon Political situation has put bank reforms on hold
      478 5 SINGAPORE Cost of recapitalising weak banks likely to exceed USSIOOb Bloomberg MOODY'S Investors' Service said political uncertainties were placing vital banking reforms on hold in Indonesia, where the cost of recapitalising weak banks is likely to exceed US$lOO billion (SSI6B billion). "Until
      Bloomberg  -  478 words
    • Article, Illustration
      Lock icon Indon troops stream out of E Timor before UN force comes
      417 5 JAKARTA First plane carrying food to starving refugees also flies in AFP INDONESIAN soldiers streamed out of East Timor yesterday ahead of the arrival of a multinational peace force as the first plane carrying aid to starving refugees flew
      AFP; REUTERS  -  417 words
    • NOTE Book
      • Article
        Lock icon Daim to present 2000 Budget on Oct 29
        78 5 Bloomberg [KUALA LUMPUR] Malaysia's Budget for 2000 is expected to be unveiled by Finance Minister Daim Zainuddin on Oct 29, a finance ministry official said. It will be his first Budget after he was named finance minister for a second stint last
        Bloomberg  -  78 words
      • Article
        Lock icon Indon ex-minister suspected of graft
        81 5 AFP [JAKARTA] A former Indonesian minister has been summoned for questioning over the loss of some 126 billion rupiah (Ss26 million) from a land development project, reports said yesterday. Attorney General spokesman Suhandoyo said Radinal Mochtar, who was public works minister from 1993 to 1998,
        AFP  -  81 words
      • Article
        Lock icon China party plenum to set SOE direction
        65 5 AFX-Asia [HONGKONG] China's state-owned enterprises (SOEs) will soon have clear directions. The official Xinhua news agency said that included in the package to be formulated at the the 4th Plenary Session of the 15th Central Committee of the Communist Party of China are
        AFX-Asia  -  65 words
      • Article
        Lock icon Huge graft scandal in S-E China
        35 5 AFP [SHANGHAI] China's anti-corruption authorities have uncovered a graft and smuggling scandal involving "several tens of biUions of yuan" in south-eastern Fujian province, a report here yesterday said. —AFP
        AFP  -  35 words
      • Article
        Lock icon Daewoo's foreign creditors' demands
        73 5 AFP [SEOUL] Foreign creditors of South Korea's Daewoo Group have demanded preferential treatment over local banks in securing guarantees on their loans to the troubled conglomerate, Daewoo said yesterday. The increased demand came a day after Daewoo asked them to roU over US$5 billion (SsB billion)
        AFP  -  73 words
      • Article
        Lock icon Manila tax perks for silicon wafer plant
        70 5 Bloomberg [MANILA] Philippine President Joseph Estrada asked Congress to give priority to a bUI to boost tax incentives for the firm that buUds the nation's first sUicon wafer fabrication plant, the Board of Investments said. The bill would grant a 12-year income tax
        Bloomberg  -  70 words
    • Article
      Lock icon HK makes it easier for foreign banks
      103 5 HONGKONG AFX-Asia THE Hongkong Monetary Authority said it had relaxed the licence conditions for foreign banks by allowing them to maintain offices in a maximum of three separate buildings. Foreign banks were previously allowed to operate in only one buUding. The current restriction
      AFX-Asia  -  103 words
    • Article, Illustration
      Lock icon Tuk-Tuk gets a cool look
      58 5 [BANGKOK! A new look Tuk-Tuk (Thai spluttering three-wheelers), called "Thip Tuk", offers air-conditioning and music for its passengers, as seen in this handout photo. A Thai company plans to export the new vehicles at a price tag between 130,000 and 250,000 baht (555.48&10,550) to Philippines
      AFP  -  58 words
    • Article
      Lock icon Australia to unveil business tax overhaul package next week
      424 5 CANBERRA Corporate tax cats, changes to capital gains tax expected Reuters THE Australian government yesterday said it will release long-awaited details of its planned overhaul of business taxation on Tuesday. Those changes will include a staged reduction of the company tax
      Reuters  -  424 words
    • Article
      Lock icon HK$70m gone with the typhoon for bourses
      232 5 HONGKONG Reuters HONGKONG yesterday picked up the pieces and counted the costs of Typhoon York's rampage through the territory, which left one dead, one missing and 493 injured. York cost both stock exchanges and brokers HK$7O million (5515.3 million) in terms of lost
      Reuters  -  232 words
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  • REGION
    • Article
      Lock icon Newbridge takes 51% stake in Korea First
      452 6 SEOUL Deal with US fund is expected to help revitalise Seoul's financial sector Bloomberg SOUTH Korea has agreed to sell Korea First Bank, one of the country's oldest and biggest banks, to Newbridge Capital Ltd, the first foreign acquisition of a Korean lender.
      Bloomberg  -  452 words
    • Article
      Lock icon HK govt to sell shares at less than 8% discount
      174 6 HONGKONG Reuters THE Hongkong government will dispose of part of its equity portfolio next month at a discount of not more than 8 per cent from the market price, the Hong Kong Economic Journal reported yesterday. The share sale in
      Reuters  -  174 words
    • Article
      Lock icon Taiwan merger bill clears initial hurdle
      414 6  -  Analysts hail move as shares fond too is closer to final nod From. Macabe Keliher in Taipei ANALYSTS yesterday welcomed the preliminary passage late on Thursday of two bills setting up a NTSSOO billion (5526.6 billion) stockmarket stabilisation fond and allowing financial institution mergers
      414 words
    • Article, Illustration
      Lock icon Ex-banker jailed for insider trading
      334 6 SYDNEY Maxima jail torn of 26 months, Asllo,ooo fine Bloomberg SIMON Hannes, a 39-year-old former executive bank director, has been sentenced to a maximum jail term of 26 months, the harshest penalty imposed for insider trading in Australia's legal history. Hannes, last month fired from
      Bloomberg; FILE PHOTO  -  334 words
  • SHIPS IN PORT
    • Article
      Lock icon CONVENTIONAL WHARVES
      455 6 Vessel Voy Mo Berth Arrival Oepertwt Jm^PM M tari hi R SCP-T7 XI 17/09/8:45 T7/09/18*0 Tarquooa T9006 Jll 17/09/14*0 18/09/10*0 MjrtoooM i 27-99 J* T7/09/B*0 T7/09/2 359 BtPmHur ***** J01 18/09/8*0 18/09/15*0 M H 3296 *99 JOI */W/8*0 4/09/17*0 RadmanMl I SEP-99 J03 4/09/8*0 19/09/8*0 Print *u Ui
      455 words
    • Article
      Lock icon CONTAINER SCHEDULES
      1648 6 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Mmc* Rstls SMp »oy Mo Etfc/Btr Nrt* Frew To frow ACMDO Wl7:00 U H/1700 17MW 17/0*00 21 H/770C 17'0*59 "3W 1 17/otoo n/ns* --«x 4 T7/B00 17/MW 17/17W IUKMT* 2 MM MM 2A N/DW 17/0*5* 17/0*00 a H/roc -woe 7.-0700
      1,648 words
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  • THE WORLD
    • Article
      Lock icon US Fed unlikely to raise rates at October meeting, says Post
      287 7 WASHINGTON Reuters THE US Federal Reserve is unlikely to raise interest rates when it has its next monetary policy meeting on Oct 5, the Washington Post's John Berry said yesterday. "With inflation at its lowest level in 33 years
      Reuters  -  287 words
    • Article
      Lock icon ECB in no rush to move away from low interest rates
      515 7 LISBON It will wait for clear sign inflation is accelerating before reacting Bloomberg THE European Central Bank is likely to keep interest rates at record lows for the foreseeable future because there are no signs inflation may be accelerating,
      Bloomberg  -  515 words
    • Article, Illustration
      Lock icon Bull-etin on Hurricane Floyd
      82 7 [NEW YORK] A pedestrian passing in front of a statue of a bull in the Wall Street area in New York City which was hit by rainfrom Hurricane Floyd on Thursday. Hurricane Floyd was downgraded to a tropical storm by early yesterday but had left at
      AFP  -  82 words
    • Article, Illustration
      Lock icon Rubin just can't resist the lure of Wall Street
      340 7 WASHINGTON Former Treasury Secretary wants to stay involved Bloomberg FORMER US Treasury Secretary Robert Rubin plans to return to Wall Street, although he has not decided where he will work. Mr Rubin, 60, said he would "most likely" rejoin the financial
      Bloomberg; FILE PHOTO  -  340 words
    • Article, Illustration
      Lock icon Y2K may bring some economic bottlenecks: Greenspan
      310 7 WASHINGTON Reuters FEDERAL Reserve chairman Alan Greenspan said yesterday that there was a risk of bottlenecks in the US economy resulting from the fear of end-of-century computer problems, but widespread disruption was unlikely. Speaking before the President's Council on Year 2000 Conversion, the
      Reuters  -  310 words
    • Article
      Lock icon Antitrust lawyers examining radical remedies if they win
      406 7 THE MICROSOFT CASE FT [WASHINGTON] Government lawyers close to the landmark antitrust lawsuit against Microsoft are examining a range of radical options, including whether to seek to split the software giant in two, if they win their case in court. Attorneys for
      FT  -  406 words
    • Article
      Lock icon French find no need for anti-trust trial yet
      166 7 Reuters [PARIS] The French finance ministry said yesterday that it was investigating complaints about the behaviour of US software giant Microsoft but said it had so far found nothing to merit an anti-trust trial. "We have had some complaints from customers who
      Reuters  -  166 words
    • Article
      Lock icon US must practise what it preaches
      660 7  -  The ballooning current account deficit and the dollar's recent weakness against yen are some warning signals By) Floyd Norris NYT [NEW YORK] THERE are few things more enjoyable than spending more than you earn. Especially if you are convinced you can keep doing so
      NYT  -  660 words
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  • FOCUS
    • Article, Illustration
      Lock icon Debunking TFP misconceptions
      2346 8  -  With the focus in East Asian economies back on long-term growth issues, it may be time to have a closer look at total factor productivity By. Ramkishen S Rajan The writer is a lecturer, Schoolof Economics, University of Adelaide, Australia Research Associate, Claremont Institute for Economic Policy
      FILE PHOTOS  -  2,346 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Casio's new flat, thin look
      767 9  -  Its latest Film Watch Pela is the thinnest multi-function watch in the market, reports corxmkekerk CORINNE KERK TOSHIYUKI Tan looked anxious to start the press conference. Like the other men fronting the event, the general manager of Casio's international sales and marketing division was sporting
      ARTHUR LEE  -  767 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Lock icon Page 9 Miscellaneous Column 1
      1843 9 CRYPTIC CROSSWORD 9 Arguments about a monarch 12 Sale involves union leader in 24 Disparage small German to butt in (7) 26 Strange sect disposed to har- brary loan 4>3> 5) YESTERDAY'S SOLUTION bour oriental spies (6,6) 10 Having only one aim to DOWN avoid marriage (&6) 1 Son gets
      1,843 words
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  • SPORTS
    • Article, Illustration
      Lock icon as agassi rs?
      1000 10  -  HARVEY &RATON slams a barrage of hard-hitting shots against critics bemoaning the dearth of American tennis champions HARVEY ARATON NYT Ihave to admit that I have not spent much time worrying where the next great American tennis player is coming from, or if he is going to
      NYT  -  1,000 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      524 10 ff 7i a. j» i a a presented Diners Club Offers Personalised Cash Access To apply, call: Where to wine, dine and entertain... t ,vef3o,oooto.io.iiw.rkiA 2,***** "Shang yue" this Mid Autumn Festival with Plaza Parkroyal's delicious mooncakes available at Cafe Plaza or Si Chuan Dou Hua Seafood Restaurant. Mooncakes Lotus
      524 words
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      Lock icon Page 10 Advertisements Column 2
      39 10 wj^umm ».-ii«C^Wa^A» 3rfWfcr g**a. A MID-AUTUMN CELEBRATION WITH OUR MANDARIN MILLENNIUM MOONCAKES 27 August to 24 September 1999 Telephone Hotline: 835 4220 <8> sp«— tMiSariiH JmMU Singapore 333 Orchard Road. Singapore 23«67 Tel: 737 4411 Fax T 732 2361
      39 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Venture's interim profit soars 66%, says Q4 will be very strong
      520 11  -  CORPORATE RESULTS Groups setting up clusters in S-E Asia, North America and Europe By, Jennifer Lien [SINGAPORE] Contract manufacturer Venture Manufacturing yesterday posted a 65.6 per cent jump in interim net profit to $36.7 million, and hinted at even
      SIEW YAW HOONG  -  520 words
    • Article
      Lock icon CSM set to float shares on Nasdaq, SES?
      335 11 Sin£Tech onit likely to unveil move soon: industry sources Reuters, Bloomberg [SINGAPORE] Chartered Semiconductor Manufacturing (CSM), the world's third largest semiconductor foundry, will likely announce the flotation of its shares before the end of the month, industry sources said yesterday. The company,
      Reuters,; Bloomberg  -  335 words
    • OTHER Results
      • Article
        Lock icon Superbowl earnings soar 189%
        73 11 SUPERBOWL Holdings yesterday posted a net profit tump of 188 per cent to $2.6 million for the six months ended June 80. The company said stringent cost controls and salary cuts, rebates In property tax and reduction in CP? rate all contributed to higher profits. Turnover
        73 words
      • Article
        Lock icon Commission income boosts KS Tech not
        125 11 KS Tech yesterday sakl its net profit for the half year ended June 30 roee 128 per cent to $1.8 million. It attributed the better performance mainly to an increase in commission income of a subsidiary and a change in the sates mix in
        125 words
      • Article
        Lock icon Chosen Hldgs full-year profit up 26%
        96 11 CHOSEN Holdings said yesterday that its net profit fbr the ftill year ended June 30 rose 25.6 per cent to 18.1 million largely through the expansion of its overseas subsidiaries which operate on tower cost structures. Group turnover was 108.66 million, a decrease of
        96 words
      • Article
        Lock icon Teckwah returns to black
        65 11 TECKW AH Industrial Corp said yesterday its net profit for the six months ended June 30 was $1.4 million from a previous corresponding toes of $12,000 due mainly to coat reduction and better performance of its operations in China. Turnover increased by 13.2 per cent to
        65 words
      • Article
        Lock icon Wee Poh full-year profit falls 92%
        111 11 WEB Poh Holdings saw its net profit plunge 92 per cent to $118,000 for the (Ull year aided June 30. It said yesterday that was due mainly to the writing off of expected tosses from certain projects and tower profit margins. The group said
        111 words
      • Article
        Lock icon Earnings down by a third at Huan Hsin
        102 11 HUAN Hsin saw its interim net profit shrink by a third from $7.5 million to $4.9 million, even as turnover remained unchanged at $34.7 million. The company said yesterday that this was due to lower margins, foreign exchange losses and losses of
        102 words
      • Article
        Lock icon Enersave profit,turnover drop
        77 11 ENGINEERING firm Enersave Holdings yesterday reported a 48 per cent drop in net profit to $1.15 million for the six months ended June 30 and a 55 per cent fell in turnover to $18.63 million. It said its engineering division's performance was adversely affected by suspension of
        77 words
    • Article, Illustration
      Lock icon Loss provision write-backs help Bonvests back into the black
      373 11  -  By < Corinne Kerk (SINGAPORE] Thanks largely to write-backs of provisions for anticipated losses, Bonvests Holdings has bounced back from the red with an interim net profit of $13.6 million. The diversified main-board-listed company, which lost $48.2 million in the previous
      FILE PHOTO  -  373 words
    • Article
      Lock icon Acma's first-half net drops 41% to $6m
      348 11  -  By 1 Teh Hooi Ling [SINGAPORE] The continued effects of the Russian currency crisis, delay in the start-up of projects at its Mexican plastic plant and higher depreciation charges have combined to drive Acma's first-half net earnings down by 41 per cent to
      348 words
    • Article
      Lock icon Singapore Exchange Centre counts only one winner
      704 11  -  HOCK LOCK SIEW Lee Han Shih THERE is a partnership in Singapore with five wellknown members, four of whom will probably lose money in a huge property project while the fifth will make a bundle. The project is the Singapore Exchange Centre, currently
      704 words
    • COMPANIES
      • Article
        Lock icon Bus, taxi operations drive Tibs interim profits up 126%
        423 12 [SINGAPORE] Boosted by increased earnings from its bus and taxi fleets, transportation group Tibs Holdings posted a 126 per cent surge in net profits to $2.2 million for the six months ended June 30. Group turnover rose slightly by 4.4 per
        423 words
      • Article
        Lock icon Samudera interim earnings rise 19%
        248 12 [SINGAPORE] Samudera Shipping Line Ltd yesterday said its half-year net profit rose 19.1 per cent to $8.6 million. This compares with a net profit rise of 23.6 per cent to $7.2 million for the same period last year. For the full year last year, net
        248 words
      • Article
        Lock icon Kian Ann earnings rise 172% to $5.4m
        217 12 [SINGAPORE] Kian Ann Engineering's full-year profits rose a hefty 172.4 per cent to $5.4 million, boosted by a turnaround in the group's South-east Asian operations and stronger contributions from new market sectors in North America, Australia and New Zealand. Turnover for the year
        217 words
      • Article
        Lock icon SIA up $1.10 on talk that US fund managers are buying the stock
        424 12  -  Covered warrants up $1 ahead of expected MSCI re-rating By Conrad Raj [SINGAPORE] Singapore Airlines yesterday shot up $1.10 a share to a record $17.50 on rumours that US fund managers were accumulating the stock. More than
        424 words
      • Article, Illustration
        Lock icon Asset swap with Pidemco will lift Liang Court's NTA to $1b
        519 12 Properties to be pumped in had 1998 pre-tax gain of $18m LIANG COURT Holdings, which will be renamed Somerset Holdings, will have an asset base of $1.69 billion and net tangible assets of $1 billion following its asset swap
        FILE PHOTO  -  519 words
      • Article
        Lock icon SembCorp says it will not invest further in China parks
        220 12 Reuters [SINGAPORE] SembCorp Industries Ltd will not be investing any more funds in leisure parks in China than what was committed in 1995, a company spokesman said yesterday. The spokesman was referring to local media reports that said Straco Investments
        Reuters  -  220 words
      • Article, Illustration
        Lock icon HK futures exchange delays electronic HSI trading
        220 12 Reuters [HONGKONG] Hong Kong Futures Exchange Ltd (HKFE) yesterday said it was postponing the migration of its popular Hang Seng Index (HSI) options and futures contracts to its electronic trading system from open outcry trading until 2000. The board of the exchange had
        Reuters; FILE PHOTO  -  220 words
      • Article
        Lock icon SCMP posts 5.5% drop in earnings
        267 12 It cites decline in ads caused by HK's depressed economy AFP [HONGKONG] Hongkong media group South China Morning Post (Holdings) yesterday said its net profit fell 5.5 per cent from a year ago to HK5389.4 million (5584.9 million) in the year to June 30.
        AFP  -  267 words
      • Article
        Lock icon Second Chance signs deal for $7m facility
        138 12 [SINGAPORE] Second Chance Enterprises announced yesterday that it has signed an agreement with Overseas Union Bank for a credit facility of up to $7 million. This facility is an extension of its previous overdraft facility of up to $50,000. It also announced that
        138 words
      • Article
        Lock icon UOB's merged shares may begin trading on Nov 15
        238 12 Bloomberg (SINGAPORE] United Overseas Bank Ltd, Singapore's third-largest bank, said its combined Foreign and Local shares will likely begin trading on the Stock Exchange of Singapore on Nov 15. UOB and Singapore's other three largest banks have been moving in recent
        Bloomberg  -  238 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Big Internet sites join auction network
        754 13 With over 100 Net sites, it aims to catch up with online auction leader Ebay NYT [NEW YORK] Nearly 100 Internet sites, including three of the biggest Microsoft's MSN, Excite@Home and Lycos have agreed to share their auction listings so that an item put
        NYT  -  754 words
      • Article
        Lock icon Canary Wharf's FY99 loss cut 56%
        263 13 Bloomberg [LONDON] Canary Wharf Group pic, owner of London's second financial district, said its fiscal 1999 loss was reduced by 56 per cent as rental income surged at its office development overlooking the River Thames. The company, which raised £551 million (551.51 billion) in
        Bloomberg  -  263 words
      • Article
        Lock icon LVMH H1 profit rises 18% as Asian sales pick up
        372 13 Japanese spending on champagne, Louis Vnitton luggage np Bloomberg [PARIS] LVMH Moet Hennessy Louis Vuitton SA, the world's largest luxury-goods maker, said first-half profit rose 18 per cent as Japanese spending on its Louis Vuitton luggage and Moet Chandon champagne
        Bloomberg  -  372 words
      • Article, Illustration
        Lock icon Cost cutting helps BHP bounce back with Q1 profit at A$354m
        540 13 Bloomberg, Reuters [MELBOURNE] Resources giant Broken Hill Proprietary Co has rebounded after posting the biggest asset writedown in Australian corporate history last financial year. It topped market expectations for its first-quarter earnings by about Asloo million (Sslo9 million), boosted
        Bloomberg,; Reuters; Source: Bloomberg  -  540 words
      • Article
        Lock icon Sony makes first big move into US cable TV market
        479 13 C&blevision Systems to buy more than USslb worth of Sony decoders NYT {NEW YORK] Sony Corp of Japan on Thursday made its first big move into the US cable television market, with the announcement that Cablevision Systems Corp would buy
        NYT  -  479 words
      • Article, Illustration
        Lock icon Sony unveils new games console
        53 13 [MAKUHARI, Japan] A Japanese video-game fan trying out Sony's PlayStation2 at the Tokyo Game Show, the world's largest video games exhibition, at Makuhari, a Tokyo suburb, yesterday. Sony unveiled its new games console to be put on the domestic market next March with a price
        AFP  -  53 words
      • Article
        Lock icon McGraw's London unit hit by huge fraud
        316 13 The scam, ran by a worker, has cost the firm millions FT [LONDON] McGraw-Hill, the US publishing group, has been hit by a multi-million pound fraud at its European head office in Maidenhead in Britain. McGraw recently uncovered a fraud in its accounts
        FT  -  316 words
      • Article
        Lock icon Deutsche Tel plans long distance price cuts
        197 13 Reuters [MUNICH, Germany] Deutsche Telekom AG has worked out a plan for dramatic reductions in its long-distance prices, although it has not yet managed to gain approval of the German regulator, a Munich newspaper said. The ex-monopoly wants to cut daytime long-distance rates
        Reuters  -  197 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon KPMG prepares for IPO of its consulting business next year
        429 14 Partners to receive about one-third of the interests in new firm, says SEC filing Bloomberg [WASHINGTON] Partners at KPMG LLP have approved a proposal to transfer the company's consulting business into a separate limited liability company, setting the stage for
        Bloomberg  -  429 words
      • SMALL Change
        • Article
          Lock icon Ten banks eye Manila's Asian Bank
          78 14 AFX-Asia [MANILA] About 10 local and foreign banks, including Standard Chartered, have offered to acquire Asian Banking Corp, Business World quoted unnamed central bank sources as saying. "Quite a number of foreign banks are interested One of which is Standard Chartered," one source said.
          AFX-Asia  -  78 words
        • Article
          Lock icon Sony unit offers auto insurance via Net
          78 14 Bloomberg [TOKYO] A unit of Sony Corp said it will start selling auto insurance via the Internet and phone, offering policies 33 per cent cheaper than competitors in a bid to grab market share. Sony Assurance will provide auto insurance, which accounts for
          Bloomberg  -  78 words
        • Article
          Lock icon Dresdner, Meiji Ins to buy Tokyo fund
          70 14 Bloomberg [FRANKFURT] Dresdner Bank, Germany's third biggest bank, and Meiji Life Insurance, one of Japan's five biggest insurers, said they will buy Cosmo Asset Management to expand in mutual funds. Cosmo Asset Management had 389 billion yen (Ss6.l billion) under management at March-end.
          Bloomberg  -  70 words
        • Article
          Lock icon Canadian bank to buy trust business
          55 14 Bloomberg [MONTREAL] Laurentian Bank of Canada agreed to buy the trust business of Sun Life Assurance, expanding its deposit base and mortgage business outside of Quebec. Terms weren't disclosed. Laurentian will add about Csl.7 billion (Ss2 billion) in deposits and Csl.6 billion in mortgages
          Bloomberg  -  55 words
      • Article, Illustration
        Lock icon LME index may flop: Chase
        228 14 Bridge News [WARWICK, Rhode Island] The London Metals Exchange metals index is unlikely to find much trading interest when it is launched this year, as few funds want to trade only a basket of metals commodities, said Buford Scott with Chase Bank of the US.
        Bridge News; FILE PHOTO  -  228 words
      • Article, Illustration
        Lock icon US$/yen trade to remain volatile
        401 14 Earo/US$: There was little follow-through after last Friday's plunge. Instead, euwhipped up and down between 1.0288 and 1.0438 for the first three days of the week. While euro/US$ traded above the resistance at 1.0440 on Thursday suggesting some bullish momentum, it proved to be a
        Source: DBS Bank  -  401 words
      • Article
        Lock icon BT SHARE INFORMATION SERVICE
        4522 14 Net earn CPS KepHltecM Z Aug 04 I 16.608 16.477L 1.86 KM. DM* TY LY TY IY Kep FELS Aug 04 I 25.953 13.331 3.80 2JO Cony wry aim <$m) ($m) (cts) (cti) Keppel Corp Aug 5 I 86.029 6M03 KM 7 JO Koh Brothers Aug
        4,522 words
      • Article, Illustration
        Lock icon Untitled
        1148 15 IHTUaBAIIK CROSS RATES iSgp/ 55 CSltUro FTr i> Mh fc»tH Y» Wo* M HQNib Pm> 1$ ftmt Mr H 0*1 Hmt USS 1W *JJ ,12! V* 3 2080MJM 07,0 7775 1227 33.761 26.no 181 1977 **********100 0.402 0450 i®JJ 5 434 1272 W5M ***** 0.724 8.166 2.900 1209 35.152 27.259
        1,148 words
      • Article
        Lock icon Untitled
        1780 15 81 COM FUTURES Sep 17 RU88ER (Mwt$ dostoq at it SJOpm) KS1 CONTRACTS CMtsfa) ClOM VodMM Optil Month Mflh Low Sott (towws) lutifwt Oct 99 96.00 1200 Nov 99 99.50 300 OK 99 102.50 200 Janitor 00 107.25 300 Apr/Jw 00 m.25 Jul/Sep 00 114.25 RSS 3 CONTRACT (US canto/ty
        1,780 words
      • Article
        Lock icon Futures end week on positive note
        239 15  -  gIMCT Reports MS& Singapore Index Daphne Tay Jardine Fleming AFTER a soft opening, the Singapore stock market took a surprise turn, ending the week on a high note yesterday. Expectations of strong August trade data due out on Monday and the strengthening of the
        239 words
      • Article
        Lock icon Futures take yet another knock
        222 15  -  HSCI Taiwan (Mores Cecilia Woo Refco Singapore THE Simex MSCI Taiwan Stock Index futures continued its downward momentum for the fourth consecutive day yesterday for a total loss of 13.9 points in the September contract. The Taiwan Weighted Price Index feU 51.98 points, bringing the
        222 words
      • Article
        Lock icon Oil holds firm on faith Opec will keep cuts
        203 15 ENERGY REPORT Reuters [LONDON] Oil prices held their ground yesterday after another Opec state hammered home the message that the cartel wiU keep its tough output cuts in place when its ministers meet next week. Opec member Indonesia said it did
        Reuters  -  203 words
      • Article
        Lock icon CURRENCY REPORT
        325 15 AFP, Reuters London THE US dollar remained supported 2 per cent above early lows against the yen yesterday amid resurfacing fears Japan might conduct coordinated intervention or take more decisive steps to curb the yen. Earlier in the session the dollar had leaped to 107.33 yen, its peak
        AFP,; Reuters  -  325 words
    • Article, Illustration
      Lock icon HONGKONG
      1419 16 AFP QE&ngSeng +5C24 HONGKONG share prices reversed sharp early losses and closed 0.4 per cent higher yesterday in line with a rebound on the Tokyo stock market, dealers said. The Hang Seng Index closed up 54.24 points at 13,484.84, after having fallen 1.2 per cent at noon due to
      AFP  -  1,419 words
    • Article, Illustration
      Lock icon CHINA
      568 16 Reuters, AFP Shenzhen B -OJ2O SHENZHEN'S hard currency B shares ended down yesterday as moves by the government last week to boost the market failed to ignite sustained buying. But the market was off intra-day lows, brokers said. The B Share Index lost 0.20 point, or 0.23 per cent,
      Reuters,; AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  568 words
    • Article
      Lock icon TAIPEI
      338 16 AFP QjWP Index -5L98 TAIWAN shares closed 0.7 per cent lower yesterday on an absence of fresh buying incentives and overnight losses on Wall Street, dealers said. "There are no new incentives to push up the upside and no new foreign funds have arrived," said Michael Hsu, manager of
      AFP  -  338 words
    • Article
      Lock icon WORLD STOCK MARKETS
      2269 16 LONDON Industrials S*t 16 fount *h 34 Group 8.04 0.17 AOCey National 9.90 -0.05 A B Foods 4.23 0.08 A B Ports 3.10 -0.05 AstraZeneca 24.43 0.20 Alliance Leicester 7.99 0.03 Allied Domec q 3.S5 -0.01 Allied Zurich 7.16 -0.21 Anqlo American Gold 43.70 unch AS OA
      2,269 words
    • Article
      Lock icon TOKYO
      1635 16 AFP O Nikkei 225 +50.68 SHARE prices in Tokyo closed 0.3 per cent higher yesterday, winning back some ground from the yen's decline against the US dollar, brokers said. The key Nikkei Average of 225 selected issues rose 50.68 points to finish at 17,342.27. After heavy falls in early
      AFP  -  1,635 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Investors stay cautious over rising yen
        429 17 AFP Q Composite Index *2.43 MALAYSIAN share prices ended 0.3 per cent higher yesterday on a technical rebound but sentiment remained cautious over the yen's direction against the US dollar, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 2.43 points to finish
        AFP  -  429 words
      • Article
        Lock icon Untitled
        8335 17 MDUSTBIALS Consume products 1999 Last VI Day Nat Cap L— Cint Sala 'OOP MH» Low P/I $m» 440 255 A|irK»T.oto 316 unch 3 316 316 20.1 128.1 174 46 Anqkasa 103 -2 11 105 103 151.9 404 220 Apollo Food Hlq 334 unch 1 334 334 11.6 133.6 294 115
        8,335 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Lock icon CityDev covered wrt: clearly overpriced
        178 18  -  WARRANT WATCH -By R Sivanithy SINCE it was issued some weeks ago, Goldman Sachs' covered warrant on City Developments hasn't really performed. It has traded within a very narrow band, hitting a high of 36.5 cents and a low of 33.5 cents. This is quite
        178 words
      • Article
        Lock icon Untitled
        2264 18 BONDS, LOANS i WARRANTS wt 52-Wk La»t Vol Day Last Ouott Avg High Low Stno Company Soto ♦or- (OOO) High Loo Buyor So) I Of Prtco 104 3 s 3160 A Acor W0I0731USS 45 *4 203 45 42 44 45.5 80 4.5 S 3164 Acma W*****4 37 *3 24 37
        2,264 words
      • Article
        Lock icon CLOB INTERNATIONAL
        224 18 HONGKONG STOCKS Or Gr 52-Wi Loot Vol Day Loot Ouott Dtv Wv YW Hot M Cop High Loo Stno Company Solo COOO) High Loo Buyof SoUof C'yr P/E $m* 36S 173 5123 CDL(2000)HK 262.5 255 275 8 3.7 3 8.9 5193.4 5124 Cothoy Poc 20c HK—720 265 2.1
        224 words
      • Article
        Lock icon WELLINGTON
        286 18 AFP Fl Wellington +9.59 NEW Zealand share prices rose 0.5 per cent yesterday as Telecom Corp recouped some of the ground it lost in the wake of its bid for Australia's A APT Ltd this week. The NZSE-40 Index was up 9.59 points to 2,093.21 on turnover of NZ$llO.6
        AFP  -  286 words
      • Article, Illustration
        Lock icon BANGKOK
        864 18 AFP HSFT Index +827 THAI share prices closed 1.9 per cent higher yesterday as the weaker Japanese yen buoyed regional markets, dealers said. News that Krung Thai Bank pic was to establish an asset management company to handle problem loans spurred buying in other banks, with heavy speculation in
        AFP  -  864 words
      • Article
        Lock icon SEOUL
        417 18 AFP Q Composite Index +9.04 SOUTH Korean share prices closed up one per cent yesterday after sharp early losses were offset by expectations of government measures to boost the bond market and contain fallout from the Daewoo crisis. The Composite Index closed up 9.04 points to 925.20, off a
        AFP  -  417 words
      • Article
        Lock icon SYDNEY
        650 18 AFP FIaD Ordmiries *9.9 AUSTRALIAN shares closed up 0.3 per cent yesterday as bargain hunters bought up key stocks, turning the tide after a week of losses caused by US interest rate fears. The Australian Stock Exchange's benchmark All Ordinaries Index finished up 9.9 points at 2,914.7. The All
        AFP  -  650 words
      • Article, Illustration
        Lock icon JAKARTA
        731 18 AFP CI Composite Index -L 74 INDONESIAN shares fell 0.3 per cent as investors fretted over the Bank Bali scandal and the security situation in East Timor, dealers said. A dealer with a Singaporebased brokerage said the market was paralysed by the bank scandal and the East Timor handover
        AFP  -  731 words
      • Article
        Lock icon MANILA
        330 18 AFP P| Manila *13.67 PHILIPPINE share prices closed 0.7 per cent higher yesterday due to bargain-hunt-ing, analysts said. The Philippine Stock Exchange Composite Index rose 13.67 points to close at 2,083.88. Volume fell to 705.9 million shares worth 2.3 billion pesos from 864.9 million shares worth 2.2 billion pesos
        AFP  -  330 words
    • Article
      Lock icon STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      5904 19 Transaction date: Sep 17 j Or Or M Wt k List V* Day Laat Owata Otv Mv YM NJ Cm Avf Mm Lw IWt Cim M"V S<N fOOO) l*H Lao 8a8ar 5!}? MRU MMJITRY 182 17.5 m b WOO Acma 50c 126 *4 203
      5,904 words
    • Article
      Lock icon SESDAQ
      1009 19 Or Or Mm S 2Wk LM1 V«4 D*v LwtOMt* Dt» W» VM MM C«» Avg MM> L— «tw U» COOP) t— —y>r 8«—r Cw P/K w WPte« 218 61 c 2049 AS Auto 10c. 172 Cd *8 265 17* 1M 172 173 ION °-J 137 45 c 2051 ASJ
      1,009 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Untitled
        368 20 Stacks VriwM TtongWoon Wc 78,031,000 Mentor Media 31,379,000 •Gentinq Int 28,446,000 international Press Softcon 26,915,000 •TanChonglntSOc 26.235,000 kno-fac20c 21.064,000 Asia FoodiProp US$ 15,779.000 PCI 25c 15,503,000 Gotten Agri UStOc 12,370,000 RoiylntUSIOc 10,312,000 Stoda *TanChooglnt50c 45.525.504 City Dev 50c 41.443,310 06S 40.627.250 S1A 37.460,231 TtonqWoonlOc 27,486,915 SingTel 15c 23,082,340 Memationai Press
        368 words
      • Article, Illustration
        Lock icon Dow's recovery from lows, yen easing trigger STI rally
        591 20  -  STOCK MARKET COMMENTARY But few dealers prepared to say worst is over, citing US rate and yen ontlook and Indon political tnrmoil By R Sivanithy WALL Street's rebound off its lows on Thursday was mirrored in Japan and Hongkong yesterday and
        591 words
      • ON THE GRAPEVINE
        • Article
          Lock icon Khan unlikely to improve Clob offer
          68 20 AKBAR Khan is not expected to outbid his two rivals Bin tang Melewar and United Engineers Malaysia-Telekom Malaysia— for the frozen Clob shares. He is said to be more preoccupied with the restructuring of the Multi-Purpose group. Multi-Purpose Bank is set to take over
          68 words
        • Article
          Lock icon Leaner times for M'sian brokers
          92 20 IT looks like life could get tougher few stockbrokers in Malaysia. According to market talk, there is a proposal to cut the current brokerage fee of one per cent by about a quarter. Though some say the proposal has yet to be approved by the
          92 words
        • Article
          Lock icon Dr Censors
          58 20 WE all know that in Singapore films, books and other publications go through the censors who snip out undesirable material. But what do censors do at the College of Family Physicians Singapore? We are puzzled by the presence of a censor -in-chief on its council who apparently ranks
          58 words
        • Article
          Lock icon Coca-Cola is calling you
          120 20 AFTER teaching the work! to sing and telling everybody it is the real tiling. Coke is now asking Belgians to call for it It is selling handphones there, adorned with the familiar red-and-white logo of the Coca-Cola Co, for half the normal price—if they buy 100
          120 words
        • Article
          Lock icon Telling a prince from more mortals
          81 20 A LOCAL banker related how when she visited a foreign consultant, she noticed in the visitors' book, an entry by Prince Philip. The consultants said that Prince Philip told than that he found the ATM or automated teller machine the most fascinating item out
          81 words
      • Article, Illustration
        Lock icon HOT STOCK
        76 20  -  ■By Ven Sreenivasan CHINA-based sanitary ware maker Eagle Brand Holdings is currently trading just a whisker above its medium term support level of US$O.35. The upside for this stock is good, with volumes picking up strongly. If the current liquidity holds up, the counter could break through its
        76 words
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      1288 20 Want to talk investments with your peers? Join our forum ar "htto://iol.dbs. com.sg" £<| >USBANK NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 STamFOßD^im Stamtoto Tyres Corporation Limited (incorporated in Singapore) mm ha la harafay glvan that the Tenth Annual General Meeting of the shareholders of the
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