The Business Times, 11 March 2000

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Microfilm: NL21781
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Lock icon Masthead
    12 1 THE BUSINESS TIMES Internet: http://'business-times.asial .com.sg/ SINGAPORE SATURDAY, MARCH 11, 2000 85C
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  • Article
    Lock icon MARKET SUMMARY
    65 1 SIX 2£M24 (+13.95) FT-SM 747J0 (+8.58) PISDDCIFirraSBS U ***** (+2.10) SFOGX HABKET1MD1CBS Friday Change KLSE OOMP 94&M ♦tt60 NIKKEI 11,750.40 +88J7 HAKO SENG 17,831.80 194.85 SET INDEX a*" +JJ7 JAKARTA COUP _mM 11.00 MANILA COUP —1,***** -W3 TAIPEI WPI »,<».» -167.87 SEOULCOMP SUM +4.77 CUsA CHINA B 7IJJI
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  • Article
    Lock icon FINANCE
    74 1 FOBEXIATES USS St m L706 £(U8S/S$per£) L682 2.699 EURO(USS/S$/E) 0*7 1.650 DM 2.023 9.843 YEN 106J3 1J66 RM 3.800 0.449 HRS 7.784 0119 BAHT 37J3 0.045 RUPIAH 7J88 0.923* 'St tom unto FUME BATES SINGAPORE* &.80 KUALA LUMPUR 7.67 JAKARTA J900 BANGKOK 9.50 MANILA UOO HONGKONG 850 TAIPEI 7.84
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  • Article
    Lock icon Ibra takes over Salim stakes in Batam and Bintan estates
    1111 1  -  l iiexclusive It's now looking for foreign investors to bny them From\ Shoeb Kagda in Jakarta THE Indonesian Bank Restructuring Agency (Ibra) has taken over tycoon Liem Sioe Liong's stakes in the Batam and Bintan Industrial estates which he developed
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  • Article, Illustration
    Lock icon Surprise 10% exit tax waiver for Clob
    957 1  -  Effective says it has BankNegara confirmation; shareholders conld save np to RMlb Byy Ven Sreenivasan [SINGAPORE] The Malaysian central bank has agreed to waive the exit tax of 10 per cent for Clob shareholders, according to Effective Capital. In a surprise announcement late
    Source: COP  -  957 words
  • Article
    Lock icon CDP to open on weekends
    92 1 [SINGAPORE] The Central Depository Pte Ltd (CDP) is keeping its doors open even on weekends and public holidays until March 27 to assist Clob investors who want to accept Effective Capital's offer to unfreeze their frozen shares. It will be open from 10am to 3pm
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  • Article, Illustration
    Lock icon S'pore economy offers efficient returns: BG Lee
    705 1  -  Winners all He cites an MTI study to debunk the views of Kingman and others By\ Carol Eng [SINGAPORE] Deputy Prime Minister Lee Hsien Loong yesterday revisited the controversial views of economist Paul Krugman and others, and debunked their views that the Singapore
    CHRIS LOH  -  705 words
  • Article
    Lock icon What a bumper – 109,452 COEs for new quota year
    497 1  - What a bumper 109,452 COEs for new quota year Number is 61% higher, to the delight of motor traders Byi Christopher Tan [SINGAPORE] Motor traders just about fell off their seats in disbelief when told of the COE quota for the new tender year yesterday. "Fantastic", "celebrations", "super" were some
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      Lock icon Page 1 Advertisements Column 1
      83 1 onapg BT Comment The tricky business of valuing Internet stocks. Pg 4 Top stories Hikari Tsushin shares plunged 25% yesterday on speculation its president is being investigated. N9Mt Page Venture Manufacturing's net profit up 31.3% to $83m. Pg 4 H r-■ t. £000. What next? >-vmmßiwm >■ > I M
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      25 1 Procedures for acceptance: Next Page Adelaide Festival: Backstage with the director, EL 4 Opera Review: Mix of old and new in WWII drama, EL 2
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      18 1 Profiles of winners, Special Supplement OUB's e-bank will sell third-party products: Seah, Pg 2 More Parliament reports, PgB
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    • ON THE grapevine
      • Article
        Lock icon Rupert's recipe
        122 2 RUPERT Murdoch, the man behind Australian media giant News Corp, celebrates his 69th birthday today, we're told. And he should be in rather good form, considering that his family's wealth has doubled to something like As2l billion (Ss22 billion) over the past four months, while News Corp's Asloo
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      • Article
        Lock icon Thumbs-up for thumb print?
        145 2 WHAT goes around comes around, they say. Some of us who are old enough will remember the days when those who unfortunately did not have the chance to learn their three Rs (reading, writing, 'rithmetic) had little choice but to operate bank accounts with their thumb
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      • Article
        Lock icon Telephone torture
        59 2 HANDS up, those who have not been pestered by either telemarketeers from certain US-based banks or from hotels in the Scotts and Orchard Road area. Grapevine bets it's less than a handful. Don't these aggressive promoters know that persistence, especially when the phone starts ringing in your home
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    • Article
      Lock icon Tommie 'O' Goh makes it as Businessman of the Year
      398 2  -  He's commended as role model for Singapore's young entrepreneurs Ihji Andrea Tan [SINGAPORE) The coveted Businessman of the Year award for 1999 last night went to a man who described himself as having "only 'O' Levels, of ordinary parentage and
      398 words
    • Article
      Lock icon OUB's e-bank will sell third-party products, says Seah
      300 2  -  exclusive By I Siow Li Sen [SINGAPORE] Overseas Union Bank (OUB) is prepared to sell third-party products when it launches its e-bank because it views it as a new source of business rather than a cannibalisation of its own business, said its
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    • Article
      Lock icon Hikari Tsushin shares fall on arrest rumour
      352 2 [TOKYO] Hikari Tsushin Inc shares plunged 25 per cent yesterday on speculation that president Yasumitsu Shigeta had been arrested for insider trading. Mr Shigeta and the company said the rumours were unfounded. Mr Shigeta, interviewed here, said he wasn't aware of any investigations
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  • FOCUS nasdaq
    • Article
      Lock icon Nasdaq express just rolls on, and on
      700 3  -  But analysts wonder how much further it can go without derailing From j Andrew Marks in New York ALL aboard the Nasdaq Express. After breaking 5,000, its next stop could be a streak to 6,000, but analysts wonder how much further it can
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    • Article, Illustration
      Lock icon Individual investors behind explosive rally
      1099 3 AP [NEW YORK] The Nasdaq composite stock index, the emblem of the nation's love affair with technology, soared on Thursday to close above 5,000 for the first time. And behind what has become one of the most stunning market run-ups in Wall Street history are
      AP  -  1,099 words
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      1135 3 A ANA HOTELS SINGAPORE LTD. (Incorporated in the Republic of Singapore) The Directors announce the unaudited results of the Company for the year ended 31 December 1999 There are no comparative figures for the Group as the subsidiary was acquired during the financial year just ended i GROUP COMPANY 139$
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Venture to expand beyond subcontracting
      584 4  -  Profit rises 31 per cent to $83m, but still below analysts' expectations Lee Han Shih VENTURE Manufacturing has continued to grow from strength to strength, and yesterday unveiled a detailed plan to lift itself out of the lowly status of an electronics subcontractor. Pre-tax profit
      SIEW YAW HOONG  -  584 words
    • Article
      Lock icon Hong Leong Finance profit swells to $96m record
      387 4  -  Byi Carol Eng HONG Leong Finance yesterday turned in a record year of profits with 1999 net earnings surging 82 per ent to $96.8 million. Its basic earnings per share swelled to an impressive 43 cents from 23 cents previously. The group's
      387 words
    • Article
      Lock icon SembCorp Logistics hits all-time high of $12.70
      511 4 Euphoria over its Net forays could propel it farther: analysts SHARES in Singapore-based SembCorp Logistics soared 23 per cent yesterday to hit an all-time high of $12.70, spurred by its e-commerce potential. Analysts said its stock market valuation may be overstretched but euphoria
      511 words
    • Article
      Lock icon Econ to place out 49.5m shares at 32 cents
      253 4  -  By] Ling Su Ann ECON International, which three months ago proposed to double its share capital through a bonus issue, said yesterday it will place out another 49.5 million shares. The shares, accounting for 10.1 per cent of the engineering and
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    • Article, Illustration
      Lock icon SingTech buys SNP for $40m, general offer to come
      433 4 AFTER paying $230 million for control of Singapore Computer Systems, Singapore Technologies Pte Ltd is now buying SNP Corporation to further boost its new e-busi-ness division. The $40 million cash purchase of Temasek Holdings' controlling stake will trigger a general offer
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    • Article
      Lock icon The tricky business of valuing Internet stocks
      647 4  -  lock siew lee han shih HOW do you value an Internet stock? Do you gauge its worth by its revenue, its growth potential, its market share in the new economy or, as one American consultant famously remarked, by its "belief system"? This is
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    • Article, Illustration
      Lock icon SIA among group suing Sydney Airport for raising fees
      393 5  -  21 airlines, from Ansett to Q&nt&s, riled by operator's move to more than doable airport fees From Surinder Singh in Sydney SINGAPORE Airlines has joined 20 other carriers to sue Sydney Airport Corp Ltd (SACL) over a move to more than
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    • COMPANY Briefs
      • Article
        Lock icon M1 seeks facilities-based licence
        101 5 Ml said it will submit an application to the Infocommunication Development Authority this week for a licence to provide facilities-based services which will include local fixed-line services, international voice and data and Internet telephony. CEO Neil Montefiore said: "Ml views this as a very exciting opportunity
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      • Article
        Lock icon SingTel invests $5m in Lyoos Korea
        84 5 Reuters SINGAPORE Telecom said its venture capital arm Sing Tel Ventures has invested $5 million in Lycos Korea, a South Korean Internet portal provider. Lycos Korea provides securities information, entertainment, reinsurance, investment information, sports, weather, *maps and leisure content. Lycos Korea is a 50:50
        Reuters  -  84 words
      • Article
        Lock icon Popular ties up with Mediacorp, NCB
        89 5 POPULAR Holdings, MediaCorp Interactive Pte Ltd and NCB Holdings have set up a 10:80:10 per cent joint venture called ChineseBB.com Pte Ltd. Its main business will be the development of a web portal into a site for the global Chinese community via the provision
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      • Article
        Lock icon Hiap Moh turns in $2.9m profit
        60 5 HIAP Moh Corp turned in $2.9 million of net profit last year, reversing a $3.3 million loss the previous year. The company said this was achieved mainly on the back of a 29 per cent rise in turnover to $49.6 million. It has recommended
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      • Article
        Lock icon Auric Pacific earnings slide 19%
        103 5 AURIC Pacific's net profit last year fell 19 per cent to $4.5 million. This was due partly to losses in New Zealand, worsening manufacturing operations and lower interest income. Turnover grew 9.5 per cent to $148.4 million. On this year's prospects, the group said it
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      • Article
        Lock icon JEL sets up India joint venture
        102 5 JURONG Engineering Ltd is forming a joint venture company in India called SICAL Yamatake Ltd with South India Corp (Agencies) Ltd (SICAL) and Japan's Yamatake Corp. SICAL will hold 50 per cent equity shares while JEL and Yamatake Corporation will each hold 25 per
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      • Article
        Lock icon Inno-Pac throws light on recent buys
        137 5 INNO-PACIFIC HOLDINGS has given more details of its acquisitions of DSJ Pte Ltd which owns Mid-City Centre in New Zealand and Kapok Permai Pte Ltd and Rebecca Pte Ltd, which owns office units in Shenton House. The office tower in Mid-City Centre is fully
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    • Article, Illustration
      Lock icon Gul sees China plant outdoing Singapore unit
      294 5 Bloomberg GUL Technologies Ltd, the third largest Singapore printed circuit board maker by volume, said it expects its new plant in China to make as much as twice the boards produced at its factory in the island in two years. The Singapore-based company
      Bloomberg  -  294 words
    • Article
      Lock icon Aztech unit to tie up with online companies
      292 5 That Web.com also plans to take equity stakes in Internet start-np firms Bloomberg AZTECH Systems Ltd, a computer peripherals maker, said its That Web.com Inc unit will seek partnerships with online companies and invest in Internet related ventures. That Web.com, a site
      Bloomberg  -  292 words
    • Article
      Lock icon Thakral Hldgs to buy TCL's Aussie hotel firm stake
      156 5 THAKRAL Holdings Limited (THL) has announced that it is exercising its option to buy out Singapore-listed Thakral Corporation Limited's (TCL) 50 per cent stake in Pacific Century Hotels (PCH). PCH contributed Asl.B million to THL's operating profits in the six months
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      1797 5 0 CSC HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 67 Sungei Kadut Drive, Singapore *****7 on 28 March 2000 at 9.00 a.m. for the purpose of considering and,
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon STI fails to regain 2,100-level as Creative loses momentum
      559 6  -  l I comment STOCKS r.sivanithy Technology yesterday provided the central theme on which to bank, following another re-cord-breaking advance on Nasdaq overnight which spilled over to most Asian markets. A late afternoon loss of momentum in Creative Technology, however, meant the
      559 words
    • Article, Illustration
      Lock icon GS CityDev wrt: best way to benefit from share rebound
      198 6  -  WARRANT WATCH By] R Sivanithy ALTHOUGH it makes sense to start looking at the covered warrants again, what doesn't make sense are some of the movements in the segment. While City Developments' shares rose 20 cents yesterday to $7.05, the
      198 words
    • Article, Illustration
      Lock icon Support for GES seen at $3.20-$3.30
      243 6  -  HOT STOCK By' Wong Wei Kong SHARES of GES International soared yesterday with the stock finishing among the session's biggest gainers and most active issues. GES shares rose 36 cents or 12 per cent to $3.48. The stock opened at $3.20 and hit a
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    • Article
      Lock icon Market Notices
      157 6 Jfr SPP Ltd has appointed Low *ian Bcng to be its executive director, operations and Stobert Wu to be its executive Jirector, finance and administration. Tuan Sing Holdings said Lau Cheng Soon Sas served notice to resign as Executive director of Tuan Sing and managing director of SPP.
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    • Article, Illustration
      Lock icon Greenback slips despite strong US stock rally
      348 6  -  I ~-ii comment CURRENCIES larry wee US stocks were brought back up with gusto on Thursday in New York, but the greenback finished mostly weaker in Asian trading yesterday. Talk of better growth prospects in Europe and Japan could help explain this lack
      Source: Reuters  -  348 words
    • Article
      Lock icon Untitled
      502 6 Stocks Volume CEI5c 54.738,000 GES Intl Ltd 20c 18,509,000 Datapulse 5c 17,527,000 IPCC<xpn5c 14,610,000 Eastgate 10c 14,416,000 Vickers Capital 25c 13,034,000 PCI 25c 12,951,000 Allied Com 10c 12,483,000 Goldtron20c 11,519,000 KyoshaHK50c 11,406,000 Stocks PacificCentury 98,907,133 GES Intl Ltd 20c 62,660,948 DBSGrp 51,926,270 ST Assembly 25c 51,147,706 OCBC 28,083,200 SPH 28,015,419
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      470 6 4M% CENTREPOINT PROPERTIES LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT CENTREPOINT PROPERTIES LTD SCRIP DIVIDEND SCHEME On 2 March 2000, the Directors of Centrepoint properties Ltd (the "Company") announced the application of the Centrepoint Properties Ltd Scrip Dividend scheme (the "Scheme") to the final dividend of 8 cents (Inclusive
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      301 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF DIRECT MAIL MARKETING (1992) SINGAPORE PTE LTD (In Members' Voluntary Liquidation) Notice is hereby given that the creditors of the DIRECT MAIL MARKETING (1992) SINGAPORE PTE LTD which is being voluntarily wound up. are required on
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      24 6 b v am The Straits Times jh Classified where virtually I everything Is at your fingertips, t Nflr i m-f ■wii Mk rwi I
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      Lock icon Page 6 Advertisements Column 4
      22 6 Looking for a forum to talk stocks? Chatline is the place to be Find us at http //iol dbs.com.sg/ S3 DBS BANK
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      44 7 What drives him to become Businessman of the Year? Hong Seh Motors congratulates Mr Tommie Goh on his award as Businessman of the Year 1999 Hong Seh Motors Pte Limited 10, Fourth Lok Yang Road, Singapore *****7 Tel: 266 1555 Fax: 265 9595 jg^
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  • SINGAPORE news
    • Article
      Lock icon Cheaper broadband access likely soon
      540 8  -  debate Govt working with SCV, Sing Tel, StarHnb to bring down prices: Cheow Tong By Audrey Tan BROADBAND access will likely become cheaper in the months ahead, as the government is working with Singapore Cable Vision (SCV), SingTel and Star Hub to bring down prices,
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    • Article
      Lock icon Gus Dur backs reprieve for VAT in Batam
      319 8  -  By Marissa Chew INDONESIAN President Abdurrahman Wahid has given support to the proposal by foreign investors for a oneyear reprieve before a val-ue-added tax is imposed in Batam. Ismeth Abdullah, chairman of the Batam Industrial Development Authority (Bida), told reporters yesterday that
      319 words
    • Article
      Lock icon CPF agent banks reply
      387 8  -  Peter Heng WE refer to Ms Marie Lam's letter "Do we need agent banks for CPF share investments" (BT, Feb 4) and Mr Sunny Tan Keng Sooi's letter "More accountability needed from CPF agent banks" (BT, Feb 12). The Standing Instruction for settlement of approved CPF
      387 words
    • Article
      Lock icon Economic growth: Totally Fuzzy Proposition?
      489 8  -  on the economy By. Anna Teo HOW exports and industrial output fare from month to month, or why gross domestic product (GDP) rose or fell by a few percentage points this quarter or last, may be the focus of most economic news reports. But more
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    • Article, Illustration
      Lock icon US$16m sales at Ritchie Bros industrial auction
      277 8 INDUSTRIAL auctioneer Ritchie Bros posted US$l6 million (5527.4 million) in sales of various construction equipment over the two days of its second auction in Singapore. "We are quite happy with this even though it didn't exceed last year's sales figure by a great
      ARTHUR LEE  -  277 words
    • Article
      Lock icon Keeping companies honest — a suggestion for SIAS
      386 8  - Keeping companies honest a suggestion for SIAS kVJH bag Alison Cousland Singapore via Internet I READ with interest your Hock Lock Siew on shareholder apathy ("Time for shareholders to shake off apathy", BT, March 7). I certainly agree that shareholders should be concerned with the issues of accountability of the
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    • Article
      Lock icon Revised COE system against small-car buyers?
      530 8  -  Idea is price stability, minister says in lively debate By{ Christopher Tan TRANSPORT policies took up substantial air time in Parliament yesterday as a lively debate on the merits of a revised COE system ignited. MP Wang Kai Yuen (Bukit Timah GRC) said the
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    • Article
      Lock icon Merrill may move its fixed-income trading to Tokyo
      233 8 Bloomberg [TOKYO] Merrill Co, the largest US brokerage, has said it is likely to move its fixed-income and foreign exchange trading desks to Tokyo from Hongkong and Singapore as it rebuilds its debt businesses in Asia. Richard Huston, Merrill's head of debt
      Bloomberg  -  233 words
    • Article
      Lock icon Japanese govt bank sets up in S'pore
      242 8 THE Japanese government's new official financing arm, the Japan Bank for International Cooperation <JBIC), has been operating in Singapore since last month, a senior bank official announced yesterday. Established last October through a merger of the Japan Export-Import Bank and the Japanese Overseas
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      Lock icon Page 9 Advertisements Column 1
      321 9 MR CELEBRATION SALE 2000! 10 th Mar to 19 th Mar 2000 S (Open daily including Saturday Sunday) 10.30 am until 9.00pm A conccrtcd effort by our designer, master craftsmen and our international diamond cutters f comprising months of hard work has culminated in this Millennium Year 2000 collection. W
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  • S'PRE Tech Ventures 2000
    • Article
      Lock icon Embrace Net revolution before it's too late: SM
      791 10  -  He urges younger S'poreans to give up rnles of old economy and to change fast Reports from, Jennifer Lien in San Francisco YOUNGER Singaporeans should give up the rules of the old economy and embrace the Internet revolution before it is too
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    • Article, Illustration
      Lock icon Govt invests US$100m in ePlanet Fund
      660 10 THE government will pump US$lOO million (Ssl7l million) into a new US$l billion fund the ePlanet Fund started by top venture capital firm Draper Fisher Jurvetson, Deputy Prime Minister Tony Tan said on Thursday. The fund will provide an excellent bridge linking Silicon Valley
      GEORGE GASCON/ST  -  660 words
    • Article
      Lock icon S'pore to open Silicon Valley resource centre, Frisco mission
      513 10 Move underscores importance of Valley to S'pore: Tony Tan SINGAPORE will open a consulate in San Francisco and a resource centre in Silicon Valley in a bid to build stronger technology and economic ties with the United States, California in particular,
      513 words
  • Article
    Lock icon BT SHARE information service
    4524 10 Net earn m Lion Asiapac Sep 23 P 1.957 4.786 045 2.08 Oct* TV LY TY IV U Xln S«p 13 I 1228 0.706 110 0.31 Cempeny ann ($m) (tint (eta) fcts) Lum Chang Sac 30 P 1.248 9 512 0.32 2.44 Lung Km HKS Ok
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      131 11 TOiwiaiTniiitTwiffirmmp Celebrate From left: Teh Bong Lim, MD of MMI; Tommie Goh, Chairman JIT Holdings; Deputy Prime Minister BG Lee Hsien Loong and Peter Seah, President and CEO of OUB. Enterprise Award Businessman of the Year Outstanding Chief Executive MMI Holdings Ltd Tommie Goh Peter Seah Executive Chairman, JIT Holdings
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  • e News
    • Article, Illustration
      Lock icon Bell Atlantic, SBC to test IBM Web access device
      498 12 NEW YORK IBM also signs partnership deals with business ISPs Planet Computer and Laser LinkJiet Reuters INTERNATIONAL Business Machines Corp, which is set to start a major Internet campaign, said on Thursday that it had signed deals for local US telephone
      Reuters; AP  -  498 words
    • Article, Illustration
      Lock icon Microsoft takes on Sony in games market
      502 12 TOKYO The company nnveils video-game console system X-Box Bloomberg MICROSOFT Corp yesterday unveiled a video-game console system that the world's biggest software maker hopes will compete with Sony Corp's Play Station 2 for leadership of the US$l7 billion (Ss29 billion) worldwide market for
      Bloomberg  -  502 words
    • Article
      Lock icon Softbank CFO lashes out at Hikari and CyberWorks
      485 12 HONGKONG Japanese firm later clarifies it's open to business with Li Reuters SOFTBANK Corp's chief financial officer yesterday launched a blistering tirade against the Japanese Internet investment giant's competitors, calling them copycats and ruling out any cooperation with them. The remarks by
      Reuters  -  485 words
    • Article, Illustration
      Lock icon Asia can more than match US in IT race
      476 12  -  SINGAPORE By Vikram Khanna Asia can yet eaten up with the US in information technologies as the world moves to the next stage of the Internet, former Japan vice-minister for finance Eisuke Sakakibara said yesterday. Speaking at the commemoration of the
      476 words
    • Article
      Lock icon Yahoo puts own finance show on Net
      254 12 SANTA CLARA, California Move is a shift from distributing other companies' content Bloomberg YAHOO! Inc, the top Internet navigation company, has introduced a finance show to be broadcast on the Web, allowing users to trade stocks, get news and submit questions to guests
      Bloomberg  -  254 words
    • Article
      Lock icon IBM and Red Hat join team to push Linux
      181 12 SAN JOSE Bloomberg INTERNATIONAL Business Machines Corp, Red Hat Inc and at least 45 other companies have formed a group to advocate using Linux software in microchips that will run future appliances and other devices. The companies have pledged about US)100,000
      Bloomberg  -  181 words
    • e Briefs
      • Article
        Lock icon Dow Chem plans e-commerce ventures
        91 12 Reuters [NEW YORK] Dow Chemical Co, the No 2 US chemical company, said on Thursday it plans to spend US$lOO million (Ssl7l million) on electronic commerce ventures this year, with an eye toward cutting costs and expanding its customer base. Dow said part of its
        Reuters  -  91 words
      • Article
        Lock icon Softbank confirms talks with Lai Sun
        80 12 Bloomberg [HONGKONG] Softbank Corp, Japan's largest Internet investor, confirmed a newspaper report it's in talks with Lai Sun Development Co about future cooperation. The Sing Too Daily reported that Lai Sun Hotels, a unit of Lai Sun Development, is in talks to swap 20
        Bloomberg  -  80 words
      • Article
        Lock icon Good demand seen for fibre optic cables
        46 12 Reuters [BEVERLY HILLS, California] Demand for broadband communications will drive industry capacity higher, despite some estimates of a glut in fibre optic cables within just a few years, Bert Roberts, chairman of MCI World Com, said on Thursday. Reuters
        Reuters  -  46 words
      • Article
        Lock icon Enron plans online auction
        67 12 Bloomberg [HOUSTON] Enron Corp, the world's largest natural gas and power trader, said it will hold its first Internet auction next week for pollution-emission allowances. The auction on the company's EnronOnline Web site will allow users such as power-plant operators to buy and sell sulfur-dioxide emission
        Bloomberg  -  67 words
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  • THE REGION
    • Article, Illustration
      Lock icon Vincent Tan scores coup with Softbank tie-up
      440 13  -  Japan Net giant takes 3% stake in Digi Swisscom valued at RMlB7m From Eddie Toh in Kuala Lumpur MALAYSIAN tycoon Vincent Tan has pulled off a major coup by linking up with Softbank Corp of Japan the Internet giant that is in the
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    • Article
      Lock icon Bank Central Asia IPO put off till May
      200 13 JAKARTA Bloomberg THE Indonesian Bank Restructuring Agency postponed the initial public offering of PT Bank Central Asia Indonesia's biggest private bank before the 1997 economic crisis again, pushing it back to May. That makes it the second delay in selling shares in
      Bloomberg  -  200 words
    • MARKET moves
      • Article
        Lock icon Renong, UEM mum on press conference
        127 13 SHARES of Renong Bhd and associate United Engineers Malaysia were higher as the companies called for a press conference on Monday. Although the group is tight-lipped about the event, sources said it is expected to raise funds and possibly announce new business ventures. Halim
        127 words
      • Article
        Lock icon NSTP up on IT talk
        74 13 THE New Straits Times Press surged RM2.60 to RM 18.50 on expectations that it will also jump on the technology convergence bandwagon linking telecoms, media and the Internet. The market expects the company to form an alliance with TV3 and Time Engineering in a deal
        74 words
      • Article
        Lock icon More sin tax?
        90 13  -  Compiled by Eddie Toh WHILE the market surged yesterday, gaming company Resorts World continued to come under selling pressure following news that the Malaysian government might curb betting activities. The counter shed 20 sen to RM12.30. Although the proposal would affect mainly operators of four-digit lotteries, some
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    • Article
      Lock icon Market rebounds despite Razaleigh moves
      473 13  -  Talk of early re-inclnsion in MSCI indices spurs gains From] Eddie Toh in Kuala Lumpur THE Kuala Lumpur Stock Exchange Composite Index yesterday rose a sharp 2.8 per cent despite veteran politician Tengku Razaleigh Hamzah's strong but market-dis-turbing hints that he would run for a
      473 words
    • Article
      Lock icon KLSE dumps 3 index component firms
      100 13 KUALA LUMPUR Reuters THE Kuala Lumpur Stock Exchange said yesterday it had replaced three companies in its key share index, the KLSE Composite Index, following a panel review. Bowing out were CSM Corp Bhd, Farlim Group Bhd and Pilecon Engineering Bhd, which were replaced
      Reuters  -  100 words
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  • REGION/WORLD
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      Lock icon M'sian brokers to cut fees under govt pressure
      406 14 KUALA LUMPUR They've been asked to bring commissions in line with S'pore and Thailand Bloomberg MALAYSIA'S 64 stock brokerages will cut fees for the first time in x years, bowing to government pressure to bring commissions into line with neighbouring Singapore and
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      Lock icon Commonwealth buying insurer Colonial for A$8.2b
      411 14 MELBOURNE Deal would make it top Aussie fond manager, bank and life insnrer Bloomberg COMMONWEALTH Bank of Australia said yesterday that it would buy insurer Colonial Ltd for about AsB.2 billion (SsB.6 billion) in stock, becoming the nation's biggest bank and shaking off the
      Bloomberg  -  411 words
    • Article
      Lock icon Bid price for Astra may hit R4,500 a share
      384 14  -  Offers are likely to be well above the trading price From Shoeb Kagda in Jakarta THE three consortiums bidding for a 40 per cent stake in Indonesian auto giant Astra International are prepared to significantly increase their offer price to above
      384 words
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      Lock icon Saving history for the future
      44 14 [BERLIN] A barge passing by the Bode Museum on the Museumsinsel (Museum Island) in the old inner city centre of Berlin yesterday. The Unesco inscribed the Museum Island to the World Heritage list yesterday during an official ceremony. REUTERS
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    • Article
      Lock icon Swire Pacific profits soar 151% thanks to Cathay
      261 14 ■HONGKONG AFP HONGKONG conglomerate Swire Pacific Ltd yesterday reported a 151.6 per cent rise in its 1999 net profit due to better results from airline Cathay Pacific amid regional economic recovery. Swire Pacific said in a statement the group's net profit last
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    • Article
      Lock icon Lippo E-Net to seek approval for private placement
      197 14 JAKARTA Bloomberg INDONESIA'S PT Lippo ENet, an Internet company that was formerly the country's largest publicly-traded insurer, plans to seek shareholder approval at the end of the month to sell a stake to private investors. The company, which in January said it
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    • Article
      Lock icon Shall I shave my head like Richard Li?
      1095 14  -  Ivi ;1»I j :Ikl journal karim raslan Karim Raslan is a KL-based lawyer and writer Earlier this week I arrived in Singapore after an exhausting round-the-world trip. You know, the kind of thing where you hop from London, New York, Los Angeles
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  • WORLD news
    • Article
      Lock icon Deutsche Telekom ends talks with Qwest
      471 15 DENVER US West rejects bid as Telekom offer is lower than its price for Qwest merger Bloomberg DEUTSCHE Telekom AG last night ended talks to buy Qwest Communications International and US West Inc after US West rejected its bid, a person familiar with the
      Bloomberg  -  471 words
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      Lock icon BA to put new pilot in top seat
      434 15 PEOPLE Reuters l [LONDON] British Airways, Europe's biggest airline, has said that its chief executive, Bob Ayling, has quit after four tough years in the pilot's seat. The company, which is heading for its first fUllyear loss, said chairman Lord Marshall would
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      Lock icon Mutual funds are flavour of the month in Britain
      351 15 LONDON Bloomberg BRITISH investors are streaming into mutual funds that mimic benchmark indexes, betting the bubble formed by telecommunications and Internet stocks is not about to burst soon. FT-SE International Ltd this week added companies such as Freeserve, an Internet service
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    • WORLD Watch
      • Article
        Lock icon NIT to cut mobile phone firm stake?
        83 15 Bloomberg [TOKYO] JAPAN may ask Nippon Telegraph and Telephone Corp to lower its stake in the country's largest mobile phone company to 25 per cent in a bid to make the industry more competitive. Leaders of a ruling Liberal Democratic Party deregulation task
        Bloomberg  -  83 words
      • Article
        Lock icon Oracle Japan to unload shares
        88 15 Bloomberg [TOKYO] Oracle Corp Japan, an affiliate of the world's No. 1 database-software maker, will start selling as many as 10 million shares later this month before moving its listing to the Tokyo Stock Exchange, people familiar with the transaction said. The California-based Oracle Corp
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      • Article
        Lock icon New Rover model hit by recall
        93 15 Bloomberg (LONDON] Bayerische Motoren Werke's (BMW) Rover Cars unit is recalling 21,000 Rover 75 models because of a possible engine-sensor fault. The company said the recall would affect all Rover 75 models with petrol engines produced between February and October last year. The car
        Bloomberg  -  93 words
      • Article
        Lock icon Seoul's electronic exports jump
        66 15 Reuters [SEOUL] South Korea exported a record U5553.16 billion (5590.3 billion) worth of electronic goods last year, up from U5539.69 billion a year earlier, the Ministry of Commerce, Industry and Energy said yesterday. It said exports of electronic goods made up 37 per cent of the
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      • Article
        Lock icon Pepsi signs up Ken Griffey Jr
        59 15 Reuters [NEW YORK] PepsiCo has bolstered its marketing line-up by signing baseball star Ken Griffey Jr to endorse the soft drink in its national advertising. Cincinnati Reds outfielder Griffey will join Chicago Cubs slugger Sammy Sosa, who signed with Pepsi last week. Pepsi did
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      1460 15 I AURIC PACIFIC GROUP LIMITED I RESULTS FOR THE YEAR ENDED 31ST DECEMBER 1999 The Directors of Auric Pacific Group Limited announce the following unaudited results for the year ended 31st December 1999:GROUP COMPANY 1999 1998 Chang* 1999 1998 Chang* A PROMT AMP LQB« STATEMENT SSOOO SS'OOO SS'OOO SS 000
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  • FINANCE & commodities
    • Article
      Lock icon Futures trapped in 2.5-point range
      220 16  -  SOX Derivatives TvvMa&Reports MS& Singapore Index Daphne Tay, Jardine Fleming THE Singapore stockmarket ended the week in positive territory with buying interest seen in selected technology issues following the 3.06 per cent overnight rise on Nasdaq. Position-squaring ahead of the weekend, however, trimmed the index's
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    • Article
      Lock icon Futures sink in line with cash market
      185 16  -  MSCI Taiwan fixtures Seow Hock Hin Refco Singapore THE Taiwan Stock Exchange Weighted Price Index fell 157.67 or 1.64 per cent to 9,429.60 on a heavy turnover of NT5213.69 billion. The fall was the biggest one day drop in two weeks. Large-cap stocks
      185 words
    • Article
      Lock icon Oil dips, but shows resilience
      267 16 ENERGY REPORT Reuters [LONDON] Volatile oil prices displayed fresh resilience yesterday as the West's energy watchdog said a big output rise was needed soon to replenish depleted stocks. Benchmark Brent crude for April delivery retreated a modest 36 US cents to U5528.93 per barrel, enjoying
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      Lock icon CURRENCY REPORT
      333 16 Reuters London THE euro faltered across the board early yesterday, giving up the week's hard-fought gains against the US dollar and slipping back within sight of record lows against the yen amid a flurry of position squaring. The euro had for most of the day held within reach
      Reuters  -  333 words
    • Article, Illustration
      Lock icon Untitled
      1274 16 MTEBBAW CROSS KATBi "~^To C$ »wfc lm» Ffr Dw HK$ Ind t» Nplafc Ytw Won Mi N2$ Paii 8s Nw S$ Hand Sir MT$ Mrt P—d clS" 1117 0815 wo? °tZ M2 J"2S 52 21™ 1336 1244 ***** 25a38 1049 3930 t-022 18.905 23.258 0J89 0.615 0 »I nm n
      1,274 words
    • Article
      Lock icon Untitled
      1944 16 SICOM FUTURES Mario RUBBER (futures closing as *t 5.30pm) RSS1 cuitsAq) Close Volume Open Month High low Sett (tonnes) Interest Apr 00 117.50 May 00 119.50 Jun 00 122.50 122.50 122.50 50 600 Jul/Sep 00 124.75 124.75 126.00 300 300 RSS 3 CONTRACT (US cents/kg) Volume Open Month High Low
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  • STOCKS east asia
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      Lock icon Hang Seng up 1% on selective buying
      2824 17 HONGKONG AFP P Hang Seng ****** HONGKONG share prices rose 1.1 per cent yesterday on selective buying following overnight gains on Wall Street, dealers said. "The market is stronger because of overnight gains on Wall Street," said Ben Kwong, research head at KGI
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      Lock icon CHINA
      1009 17 Reuters C 3 Shenzhen B Index -MB SHENZHEN'S hard currency B shares closed lower yesterday as a fall on the domestic A share market further dampened sentiment already hurt by a lack of long-awaited official market-boosting steps. The B Share Index fell 0.48 of a point, or 0.57 per
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    • Article
      Lock icon TAIPEI
      368 17 AFP □WP Index -157.67 TAIWAN share prices closed 1.6 per cent lower yesterday as late selling wiped out earlier gains over nervousness relating to the presidential election, dealers said. The market opened up 1.3 per cent on Wall Street's overnight rally, but selling pressure quickly emerged to push the
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    • Article
      Lock icon Late selling erodes Nikkei gains
      2015 17 TOKYO AFP H«kka22S ♦8&07 SHARE prices in Tokyo closed 0.4 per cent higher yesterday, but late selling eroded gains which had built on expectations that Japan's economy is recovering, brokers said. The key Nikkei-225 Index closed 88.07 points higher at 19,750.40, off a high of
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  • STOCKS klse
    • Article
      Lock icon Untitled
      8773 18 INDUSTRIALS Cbmmmt pnMt 2000 LmI Wo4 Day c*e High Lw Ciwpaiiy So* '000 High Low P/I Smll 420 310 Ajlnomoto 356 22.6 144.3 158 91 tngUtt 117 12 509 117 105 172.5 452 290 A<x*k> FoodHig 444 20 75 444 428 104 177.6 2975 2700 8AT50C 2800 25 969 28.5
      8,773 words
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      Lock icon KLCI up on talk of early re-entry into MSCI
      419 18 AFP AFX Asia, IHI Composite Index ♦2&jj MALAYSIAN shares closed sharply higher yesterday on rumours of Malaysia's possible early re-inclusion in the Morgan Stanley Capital International (MSCI) indices, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended up 25.50 points
      AFP; AFX Asia,  -  419 words
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      47 18 I 7 ">OM> SKmw, I I errwypmrt** I I umm ss? mmLr IPO. Shares. Bonds. Stocks. Annual Reports. Whatever you're offering, we help you reach out to 86.7% of all adults in Singapore daily. The Straits Times The Business Times Lianhe Zaobao Berita Harian Tamil Murasu ISOO-741-IM3
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      3368 19 BONDS WARRANTS MarlO M Mt fnm! 1*0*1 uju last M Bay La«li»»tl I>1 mm Caw bar Mac MM M* Lm Mm t* r«M> M* h|« SaBar Nm MUM Waa mi Inmil U« 104 12 5 3160 A Acar W*****1USS 4*3 unch 346 44.5 44.5 44.5 45 33.1 1 156 66
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      Lock icon BANGKOK
      793 19 AFX-Asia H SET Index +9J7 THAI share prices closed higher in heavy trade led by retail investors, with electronics, finance, bank and communications stocks staying in focus, dealers said. The SET Index closed up 9.17 points or 2.33 per cent at 402.40, off a high of 403.76 and a
      AFX-Asia  -  793 words
    • Article
      Lock icon MANILA
      282 19 AFP PCwnpoaite Index -£33 THE Philippine Stock Exchange Composite Index yesterday fell 5.33 points, or 0.3 per cent, to close at 1,621.62 points. Volume rose to 16 billion shares worth 2.91 billion pesos from 13 billion shares worth 2.6 billion pesos on Thursday.—AFP Hm *h nm MRC AHtad 0.62
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      Lock icon JAKARTA
      688 19 AFP Q Composite Index +ILOO INDONESIAN share prices closed 1.9 per cent higher yesterday on the back of positive 1999 results from a number of companies, including Sampoerna and pulp and paper stocks, dealers said. A dealer with Ramayana Artha Perkasa said that market sentiment was boosted by active
      AFP  -  688 words
    • Article
      Lock icon WELLINGTON
      276 19 AFP □MSE-40 AM THE NZSE-40 Index yesterday fell 0.2 per cent or 4.56 points to 2,020.74 on turnover worth NZ$l59 million. Though ending unchanged at 37 cents, Brierley Investments Ltd was the most active stock in volume terms on the New Zealand bourse. —AFP MarlO Cttt) Advantage HOS 4.86
      AFP  -  276 words
    • Article
      Lock icon SYDNEY
      575 19 AFP +19 AUSTRALIAN shares gained a slim 0.09 per cent yesterday on the back of Wall Street's gains overnight and rises in technology stocks, brokers said. The benchmark All Ordinaries Index finished 2.9 points higher at 3,199.5. The All Industrials Index climbed 2.8 points to 5,708.6, while the All
      AFP  -  575 words
    • Article
      Lock icon SEOUL
      293 19 AFP n Composite Index +6.77 THE Korea Stock Exchange Composite Index closed up 6.77 points at 891.36, off a high of 913.60. Kosdaq closed at a new record of 283.44 points on Nasdaq's record close. AFP Mm to mm *h AnamSeml ***** TOO Brain Tech J125 275" Central Bank
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  • Article
    Lock icon STOCKS sgx
    9166 20 SOXMAIMBOARD Transaction date: Mar 10 Or Cr M Wt S2-Wk LMt VaI Day Last Ouoti Mv Div YM Nat Cap Aug H%l> Law 8W Ciim—V M« COOP) Hlgti L— Buyar 8—ar Cw P/I <*»■ Prtea MULTI-INDUSTRY 182 69.5 m c 1000 Acma SOc 139 *1 >60 140 136
    9,166 words
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  • The Arts
    • Article, Illustration
      Lock icon The father of S'pore theatre
      1927 21  -  Kuo Pao Kim is busy commuting between Waterloo Street where his Practice Performing Arts School is, and Jurong, to oversee the birth of his new theatre school, which will be located at Creative Technology's premises, thanks to the generosity of founder Sim Wong Hoo and
      1,927 words
    • Article
      Lock icon Mix of old and new in WWII drama
      646 22  -  OPERA REVIEW 'Heroes' represents a new breed of accessible operas that gives a different take on traditional Chinese musicals By'. Felicia Yap HEROES opened with a bang slides of the Japanese Occupation flashed rapidly on the back screens to the loud fanfare
      646 words
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      Lock icon Music-making with skill and panache
      811 22  -  CONCERT REVIEW Rapport among Hesperion XX's members and die mnsic makes for a superb performance By' P Y Van FOLIA means "mad" or "empty headed", a rather unlikely subject for an early music concert, but it was the order of the evening when the inimitable
      811 words
    • Article
      Lock icon Paradise: It's like walking on air
      652 22  -  DANCEREVEIW Montalvo-Hervieu's romp at the Kallang Theatre was a breathtaking experience By l Felicia Yap PARADISE was truly a hypnotic experience, utterly exhausting for its dancers, but rapturous in its running, leaping, flapping and spinning. Just call it Eden personified. A Yes, Montalvo and
      652 words
    • Article, Illustration
      Lock icon THE PROGRAMME
      1487 23  -  Compiled by 1 M Yasotha music Singapore Symphony Orchestra Beethoven Symphony Cycle American conductor Michael Stern presents a slice of Americana in all its raucous and historic glory in the impressionist Three Places in New England by Charles Ives, widely acknowledged as the "Father of American Music". Then,
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      Lock icon SPOTLIGHT
      182 23  -  By\ Felicia Yap The n 1 A boy kneeling in deep prayer, a girl the day before her forced marriage and the mother of a mythical war hero stare out of a lacquer work which frames them in their nostalgia. Plot and player* Grasp the essence of Vietnamese culture
      182 words
    • TELSTRA ADELAIDE FESTIVAL
      • Article, Illustration
        Lock icon Backstage with the director
        1426 24  -  Once in two years the city of Adelaide becomes a haven for the arts and arts lovers. Speaking to attendees at the 21st arts festival, common consensus was that the Adelaide Festival is the most highly regarded in Australia, noted for its strong artistic directors, cutting
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      • Article
        Lock icon There's no business like showbusiness
        596 24 At the Performing Arts Market, the show's the commodity IT'S exactly what the title suggests a marketplace governed by demand and supply, where the commodities are the Australian performing arts, the players both Australian and international. For the second time, the Australia Council's Australian Performing
        596 words
      • Article, Illustration
        Lock icon A 4-in-1 play and a 7½ -hr marathon
        467 24 U THEATRE REVIEWS ROULETTE Australian playwright Raimondo Cortese creates smart, subtle twohanders in Petroleum, Inconsolable, Hotel and Borneo. The work has a sense of hyper-realism, of the characters being themselves and not acting at all. The strength of the pieces is the
        467 words
    • Article, Illustration
      Lock icon when the dinner bell Chijmes
      1036 25  -  It's time for the audience to wine and dine, while taking in some musical drama and mingling with the actors. felzcxa tap looks at Chijmes' coming theatre season FELICIA YAP EVER heard of making dining an interactive experience? No, we are not suggesting that you
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      126 21 If you appreciate the finer things in life, you'll love the OCBC Arts Card* because it helps to support the local arts scene. Every time you use the card, we pledge a percentage of the amount to help musicians, painters, actors and dancers in Singapore stand on their feet. In
      126 words
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      35 23 The Average Size and Performance of a PruLink Fund. j ■2* j^SEI PruLink Singapore Managed Fund the Ddt tT TV[I/ -IV*—' -1— XV Probably the best managed funds today INVESTMENTS Always Listening. Always Understanding. 'f
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      17 24 The Telstra Adelaide Festival runs till March 19. For more information, visit www.adelaidefestival.telstra.com.au, e-mail: afa@addelaidefestival.net.au, fax: 61-8-*****455
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      257 25 must constantly fie on the move, travel An A seek new environments 1 mtreise \JottdrA nlvifr Get moving to the Singapore Art Museum and transport yourself to Vollard's Paris and witness the birth of avant-garde art in Europe. Use the contest form to get a 50% discount on the admission
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      22 25 I Do! I Do! will be staged at Chijmes Hall from April 22-28. Tickets at $95 (inclusive of buffet dinner) availablefrom Sistic
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      297 26 W7l A 1« J Presented Diners Club n..h C ParH To apply, call Where to wine, dine and entertain... "M^ tri B asw»»^ Enjoy our ever-popular Japanese favourites for lunch and in tne evening, tuck in to a wide selection of Japanese, Asian and Western dishes like Sashimi, Drunken Chicken
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      36 26 Q f HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road. Singapore *****7 Tel; 737 9944 Ext 400/02 Fax: 733 3175 over the others. Entertain and reach out 117,000 readers daily. Ang or Amy Choo 740 ISS9
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      30 26 on predictions. i Advertise in Wine, Dine Entertain of The Business Times and reach out to 117,000 readers daily. Contact Patrick Ang 740 1284 or Amy Choo 740 1559 now.
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      43 26 I rrLjfiL m iHUHMW gßgiß UIKIIBHH Every Saturday, Sunday Public loliday II 1.30 am 2pm 2.30pm spm Adult: $23*+* Child: Sls++* NEW HEIGHTS j Reservations: 831 6258/88 n U.imiinn Q] Singapore 3)1 Orchard Road Singapore 2 ***** TH 717 4411 Fa* 712 2*61
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  • Page 26 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 1
      896 26 mi ii i ii r— fix.,!...! 9.30 News 5 Tonight (in 5.30 Taman Sesame. am*wu m Central eluding Highlights 6.00 Kotaku: St. Petersburg AM One Hour News. 8.00 AM Kids Central: St from Parliament). dan San Francisco. 100 Capital E. Bear's Dolls Hospital. jojs La Femme Nikita (iMst 6.30 Rahsia
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    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 2
      305 26 CRYPTIC CROSSWORD ACROSS 8 Chosen to speak for the voters 1 Remote chance of helping in election (6.4) 9 Trying to interpret a sign? Yes (8) 6 Monster is so backward (4) 14 On part of body, cane goes up 10 Maintain son needs sport (5) and down (10) 11
      305 words
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      249 27 On the fast track In just 12 years, TommieGohhas taken JIT Holdings froma20-man workshop to a mainboard-listed company valued at a*x>uacL$l billion. AUDRlY TAN finds out what drives the lilP^F^^^j/ man ancJ 9 ,eans XMi iBvi <t F some of the defining moments career. Page5 v Edftof; Elaine Koh Sub-Editor:
      249 words
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      373 28 r ——11 r 1 j 1 ill IWI The Business Times .Jf* ISH mil imm f»wn' I Enterprise of the Year MMI HOLDINGS LIMITED fk IN RECOGNITION OF ITS OUTSTANDING I- I ENTREPRENEURIAL SPIRIT AND RECORD OF INNOVATION We are very honoured to be presented the Enterprise of the Year
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      265 29 iimi f J I'lim HK^ ySI I j» mmi F TBL&i" 1 4ft |p-i wic' Jkt k_l I fc *1 1 ill r; J If Mlaffl IL h| iw>« inini MMI Technoventure Pte Ltd mm mm» Strategic Investments I I I'ii'n BHOAboe T**.rj)£,- MMI Industries Sdn Bhd megatecm eiictkonics he
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  • SINGAPORE BUSINESS AWARDS '99
    • Article, Illustration
      Lock icon Piloting a firm in a fast changing business world
      2277 30 We can't, in any meaningful sense, manage change. We can only manage our actions and hence the need for action management TODAY'S global corporations are constantly in motion. From buyouts to mergers and acquisitions, the business landscape is changing at a
      AFP  -  2,277 words
    • Article, Illustration
      Lock icon Boundless energy and a passion for business
      1484 31  -  Tommie Goh is on the fast track whether driving a Ferrari or piloting JIT Holdings, writes Audrey Tan Audrey Tan HERE is a towkay who runs a billion-dollar company by working 16-hour days and travelling seven days of each month, who sits on
      ARTHUR LEE  -  1,484 words
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      Lock icon A winning approach to managing e-customers
      1294 38  -  Focus must be on customer loyalty and not on the number of shoppers and eyeballs, say Mark Daniell and Chris Zook Mark Daniell,Chris Zook Mark Daniell is the managing director of Bain Company in Singapore and Chris Zook is a director of Bain Company
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    • Article
      Lock icon The Singapore Business Awards
      466 38 Launched to 1985, the awards seek to give recognition to outstanding contributions by compeniee and indMduaie in Singapore's businsss community. The awards comprise: Presented to the businessman who has achieved outstanding corporate success and who has demonstrated vision and leadership. Presented to the small or medium-sized
      466 words
    • Article, Illustration
      Lock icon Mix of tough management and tender values
      1512 39  -  The aggressive leader who has become synonymous with OUB has a soft, introspective side, as Siow Li Sen found out Siow Li Sen VOCAL, aggressive, out to conquer the world, yet tolerant, perhaps even too easy-going. This is the somewhat paradoxical way Outstanding
      SIEW YAW HOONG  -  1,512 words
    • Article
      Lock icon Seah leads OU8 to several firsts
      482 39 UNDER Peter Seah's management, Overseas Union Bank (OUB) has garnered a string of industry firsts and accolades. Despite being the smallest of the Big Four local banks, OUB has won accolades that could put some of the bigger banks in the shade. It was
      482 words
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      Lock icon New skills needed to lead e-world
      1771 40  -  The fluid e-business environment has brought challenges in human relations, technology and strategy, writes Tee Hui Lin Tee Hui Lin The writers is manager with the change management practice at Andersen Consulting Leadership in the e-world demands a dramatically new set of skills. New
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      Lock icon How to spot that innovative spark
      894 40 FT BILL Gates and Richard Branson all have it in abundance. But the creative talent that lies behind their business success has until now been difficult to define and measure. That is about to change with the launch of a "psychometric test —described as
      FT  -  894 words
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      Lock icon Taking calculated risks pays off for MMI
      1549 41  -  Founder Teh Bong Lim left the corporate fold 10 years ago to take the plunge into electronics manufacturing. Andrea Tan reports Andrea Tan AT the age of 33, Teh Bong Lim stepped off the corporate career track, said goodbye to a regular pay
      CHRIS LOH  -  1,549 words
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      141 32 1 999 BUSINESSMAN OF THE YEAR r ¥> 'C y»t The Man Behind the ■I l l I I I *v W > s I V 1 I "II is d great honour for me to receive the Businessman of the Year Award This award can be attributed to the
      141 words
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      147 33 fljjl u £|hP&■' Our People The Key Success Factor Z > Ph|9?; 4,. V- I. t Iww-wwaerl < f I > 4, M J, f Our people are our strength. Their enemies drive J!l^ ijNfrgft-v r |t|< .>?; ?*•>>■ (f*- fc; Mlil'i*Si fi j' i p' JlT's-Rapid Growth Jv* t
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      278 34 1 999 BUSINESSMAN OF THE YEAR A Leading World Class Electronics Manufacturing wkLL I I < »I I I I AI II I I < .I '1 ft I II <) I 1 ir. a 1 1,1,,, i» V '.4 J k L I iR Mexico ST' j> r k
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      299 35 P I® 73f tronics Manufacturing Services (EMS) Provider Intone Asia I\imlk "I I k^sssss^b I 1111 h|. 11 y filll.l Taiwan I Afpfr att> i! I n I >I( J Simjapori' Indonesia SjsJf?" jUjjfaßfct* MH illy Integrated Service Provider Accolades and Awards )vI d e s fully in I ec)
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      182 36 1 999 BUSINESSMAN OF THE YEAR I Our Corporate Culture I A Catalyst for Success I J "t* j? *i .imm To meet the challenges ol managing a giobal I organisation, we are instilling in our employees I the JIT culture which is based on four pillars T™ |-j I
      182 words
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