The Business Times, 25 April 2001

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Total Pages: 79
1 80 The Business Times
  • 24 1 THE BUSINESS TIMES MrrA (P) 107/03^2001 S I N G A P O R E Interne 1 hvtp://business-times.asial .com.sg/ WEDNESDAY. APRIL 25. 2001 850
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  • 72 1 □m UBU4 (+114) nm U 174.73 (+1.17) ST INDEX FUTUIES MftOuM {ouch) W% sma muiss U (+o^o) SPOCK HAIKETIKDK2CS Tuesday Change K! SR COMP 571.69 -1.88 mKZl 225 1****** .+27J8 HANG SENG *****61 -J&89 SET INDEX ***** *41 JAKARTA COMP __148.1« +L69 1,444.06 *84 SEOUL COMP MM -6J0
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  • 76 1 CRBXU1B uss ss (SSpertiSS) L808 t(tjSS/S$per£) 1.441 1694 EURO(USS/SS/E) 0.901 1.828 KM 1172 L201 YEN 1112 67.00 RM 1800 1102 HKS 7.799 4315 BAHT 45.42 21.13 RUHAH 11*50 6,556 m SS to 100 units FUME BATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 19.60 BANGKOK JifiO MANILA 11.80 HONGKONG 8.50
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  • 886 1  -  j-iiexclusive Sources say Boustead eyeing Easy Call's $30m cash reserve By Serena Ng [SINGAPORE] Boustead Singapore has axed almost all the staff of EasyCall International a mainboard-listed company it bought into just a week ago and is re-examin-ing its entire business. Boustead had
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  • 503 1  -  Move to iqject his satellite firm may dash Nasdaq listing plans From Eddie Toh in Kuala Lumpur MALAYSIAN tycton Ananda Krishnan has launched a reverse takeover of cash-rich Malaysian Tobacco Company (MTC) by injecting his satellite business into the main-board-listed company. The
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  • 591 1  -  Biiexclusive Some suggest this as a way out of current investor disenchantment By Marissa Chew [SINGAPORE] What's in a name? Plenty, if it ends in '.com'. With poor market sentiment for Internet plays, it's no surprise that some observers reckon listed
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  • 380 1 Reuters [HONGKONG] A top man at Pacific Century CyberWorks, the embattled Hongkong telco and Internet company, received a whopping HK$2B3 million (5565.8 million) in salary and benefits last year, according to the company's annual report. CyberWorks, whose parent company Pacific Century Regional Developments
    Reuters; APPLE DAILY  -  380 words
  • Page 1 Advertisements
    • 118 1 f Koizumi wins stunning victory if 17 rA registry of women 4 directors JTf^TFTfffl Page 34 nrsxDE Exec Money M'sian stocks revisited. Exec Money cover story Money Msttevs Near-term gains possible for Asian US$ bond market. Pg 36 V H K < Motorina New building for VW distributor. Pg 18
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  • NEXT page
    • 874 2  -  Top competitive nations stepping up battle to woo the best brains: IMD Reports by I Anna Teo [SINGAPORE] Country competitiveness is shifting from investments to bytes and brains, but Singapore remains, in many executives' books, one of the world's most competitive economies,
      Source:  -  874 words
    • 220 2 [SINGAPORE] If the tussle for talent is the new competitive benchmark for countries, Singapore may not keep its high ranking for long. On the availability of IT skills, for instance, India leads, followed by Israel. But the Republic makes
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    • 373 2  -  Officials predicting growth could slow to near 2J>% this year From I Shada Islam in Brussels THE European Union is set to downgrade economic forecasts for the 15-nation bloc today, with officials predicting that growth could slow down to near 2.5 per cent
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    • ON THE grapevine
      • 85 2 RICHARD Heifer, president and chief executive officer of Raffles Holdings, at a press briefing the other day reeled off his ancestry, which included 25 per cent Swiss, as a reason why there should not be hitches in Raffles Holdings' integration with its new acquisition Swissotel Hotel Resort chain.
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      • 97 2 THOSE drivers who queue up for discounted petrol along Bukit Timah Road can't be very good businessmen. It is now a usual sight to see a line of five to six cars waiting to get into a station to buy petrol and enjoy the "discount". But when you figure
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  • Page 2 Advertisements
    • 341 2 mi UNIVERSITY OF NATIONAL UNIVERSITY KU SOUTH AUSTRALIA Hr OF IRELAND "Ranked Among Australia's Best Universities" "Ranked Top 9 Business School in Europe" MBA BSc (Hons) Singapore 21st Intake 8 June Few Places Left! B»« (Howe) gggjg Tedwele<y "Ranked Top 5 Distance MBA in Asia" by Asia Week BSc Management
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    • 9 2 fTpcr* nuaka 14th in per capita GDP, Pg 8
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  • SINGAPORE companies
    • 592 3  -  Analysts watch for move to enhance shareholder value after ouster of three directors By) Ling Su Ann THE ousting of three Auric Pacific board directors has left analysts wondering how the diversified group will use its huge $215 million cash hoard to
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    • 467 3  -  By\ Ling Su Ann DBS Bank said its search for acquisitions in the region is driven strictly by commercial ends, and is independent of the Singapore government's involvement in the bank. The Singapore government is DBS' largest shareholder with a 38 per cent stake. This
      467 words
    • 745 3  -  lock siew conrad raj THE suspension of trading in the shares of Asia Food Properties and Golden Agri-Re-sources should have been of little surprise to their beleaguered minority shareholders, given the plight of the controlling shareholders, the Widjaja family of Indonesia's Sinar Mas group.
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    • 273 6 Reuters COMPUTER peripherals maker Creative Technology Ltd is expected to swing to a loss in its fiscal third quarter as an investment write-off and restructuring charge take their toll on its bottom line. A Reuters poll of five analysts showed Creative
      Reuters  -  273 words
    • 524 6  -  Sources say no reason for activity; no fresh Digiland listing news By Angela Tan GES International topped the list of most active stocks yesterday with close to 24 million shares traded but sources close to the computer maker said there was
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    • 475 6  -  Their performance conld signal possible bottoming ont of semiconductor cycle By David Boey FIRST-QUARTER results soon to be released by the world's top two chip foundries are expected to give stock watchers vital clues as to whether the semiconductor cycle
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    • COMPANY Briefs
      • 142 6 Reuters SING APORE-based CSE Systems Engineering said yesterday its 2001 profit will be lower than that last year's because of a $1.06 million provision due to a payment shortfall by a customer. The network systems integration company said in a statement it had
        Reuters  -  142 words
      • 42 6 Reuters HARDWARE and machinery trader Hup Seng Huat said net profit for the six months to Jan 31 rose to $0.69 million, from $0.62 million a year ago. Turnover fell to $16.56 million, from $19.06 million.—Reuters
        Reuters  -  42 words
    • 274 6  -  By\ Marina Chew SHARES of Raffles Holdings Ltd were pretty much unchanged yesterday after the hotel group announced it was buying the 23-property Swissotel on Monday. RHL, a sleepy stock which has been trading below its 85cent offer price since its debut
      Source: Bloomberg  -  274 words
    • 341 7 UNITED Oversseas Bank (UOB) declined to comment on rumours that it may be bidding for the Hongkong Chinese Bank (HKCB), one of the smallest banking groups in the territory. "We don't comment on speculation," the UOB spokesman told BT. In Hongkong, HKCB
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    • 202 7 Bloomberg [HONGKONG] Wing Hang Bank Ltd, a small Hongkong lender 25 per cent owned by Bank of New York Co, rose as much as 7.6 per cent on talk Singapore's Oversea-Chinese Banking Corporation Ltd wants to buy it, analysts said. "OCBC
      Bloomberg  -  202 words
    • 624 7  -  ThrrfiflngA talking tn several firms and will name them next week By' Ven Sreenivasan THE Singapore Exchange is appointing market makers for the soon-to-be-listed Exchange Traded Funds (ETFs) and HOLDRs it is launching in a joint venture with the American Exchange (Amex). SGX is
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  • Page 3 Advertisements
    • 1353 3 MTaomMad OOO't omHlad As on As on As on As on 31-03-2000 31-03-19OT 31-03-2000 31-03-199S (Rs.) <*»•> (Rs.) CAPITAL AND LIABILITIES Reserves Surolus JJJ'S'S Merest earned 47M.tt.62 4590.61.65 5£T 766,58,92 573,67.49 D J_L *****,88,66 *****,23,08 TOTAL 5522,52,74 5164.29,14 Borrowings 1875,93,35 2630,88,05 EXPENDITURE Other liabilities and provisions 3933 66 33 5
      1,353 words
    • 259 3 golden Agrf Smart shares rise 7.8%, Pg 12 >• Andersen nwi n rf?i ?P Thinking of investing in the United States? Do your strategic business plans include the U.S. markets? Is your current U.S. Investment structure effective? Do you know the Singapore tax implications of the U.S. investment? If you
      259 words

  • SINGAPORE markets
    • 643 4  -  1-1 i comment STOCKS r. sivanithy A RALLY in the Dow Jones Industrial Average and Nasdaq futures contracts yesterday enabled the Straits Times Index to reverse a 30-point loss and close a net 1.24 points up at 1,686.14. But the real
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    • 205 4  -  WARRANT WATCH By R Sivanithy THE newest warrant to list here is that issued by Strike Engineering which, at 8.5 cents, falls firmly in the penny category. Being new, expiry is a long way off in April 2006. Given that we are
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    • 225 4  -  HOT STOCK Byl Ven Sreenivasan TRADING in the stock of computer monitor and colour scanner maker TPV has surged in recent days. The counter edged a cent higher to 21 cents yesterday its best close since November last year. A total of 1.9 million shares changed hands,
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    • 321 4 Stocks Votom GES Intl Ltd 20c 23,739,000 Hyflux5c 17,409,000 Wne5c 15,329,000 Oculus 7.5c 14,923,000 MediaRing 10c 14,847,000 Integra 5c 14,575,000 Chart Semiconductor 26c 10,537,000 Frontline 5c 10,520,000 Goldtron 5c 10,364,000 Ionics PS1.00 10,125,000 Stock* Chart Semiconductor 26c 50,487,880 Datacraft 10c 33,048,201 DBSGrp 31,420,921 SPH 30,428,700 VentureMfjg25c 24,499,392 GES Intl Ltd
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  • 2678 4 UNIT TRUSTS FUNDS Manager's prices (Ss)Apr2s AbirJun <wH Mgt Asia Ltd Aberdeen Select Portfolio: Global MNCFd 0.772 0.812 Global Technology Fdl** 0.727 0.764 UK Blue Chip Fdl** 0.796 0.837 American Opport Fd 0.866 0.910 Cont Euro Eqty Fdl** 1 093 1.149 Japan Eqty Fdl** 1.236 1.298 Asian Fixed Income Fd
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  • Page 6 Advertisements
    • 338 6 i jt i| I 111 I 1 ihf H &H4- Q II I 'f" fejP IKACO CONSTRUCTION RENOVATION I#fis JL IL'^lL) II I yv ...i i, i «1 =rt ~I 1 QISSJ UiaP OS renovation i9B»> II I 4r €ft A f 5) I II (1 Pgr 9537 9541 H/p:
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  • Page 7 Advertisements
    • 99 7 Since 1975 our worldwide staff of over 275 multi-disciplined professionals m W H including lawyers, chartered accountants. i K chartered secretaries and bankers have i k provided confidential and cost effective company formation in all the major low w j afllpl tax areas including mf iHHjp f>" r rtlT Incorporation
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  • SINGAPORE news
    • 536 8  -  minister hopes Brazil, S'pore will lead Latin America-E Asia economic ties By' Teh Hooi Ling ECONOMIC ties between Latin America and East Asia will increase in the coming years, with hopefully Brazil and Singapore leading the way, said Minister for Trade and Industry
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    • 701 8  -  Govt watchdog Energy Market Authority to ensure level playing field By Rachel Ong EIGHT companies, including foreign ones, have obtained licences to produce electricity in the $3 billion power industry, and the industry watchdog Energy Market Authority will ensure a level playing field which
      CHRIS LOH  -  701 words
    • 623 8  -  By] David Boey BUSINESS people in Singapore and Hongkong are more aware of the value of public relations in promoting their commercial interests than elsewhere in the region, Howard G Paster, chairman and chief executive officer of Hill Knowlton, the
      623 words
    • 295 8  -  < 3 on the economy wealth By Anna Teo AT U5522,949 (5541,500), Singapore's per capita GDP (gross domestic product) in 2000 was the 14th highest worldwide, and third in Asia behind Japan (U5537,567) and Hongkong (U5524,010). According to IMD's compilation in the 2001
      295 words
    • 34 8 GREAT Eastern Holdings has had a representative office in Shanghai since 1997, not 1987 as we wrongly reported in Saturday's article, "Great Eastern eyes vast Chinese market". We are sorry for the error.
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    • 455 8  -  DBS, SET share similar visions, says banking group's CEO Reports by Elaine Phua DBS Bank showed its commitment to the arts by pledging more than $3 million over the next five years to the Singapore Repertory Theatre (SRT). Possibly one of the
      RICHARD CHNG  -  455 words
    • 204 8 THERESA Foo got much more than she bargained for at dinner yesterday evening. Instead of dessert, she was handed the honour of being named Champion of the Arts for 2001. This is an accolade awarded jointly by the Singapore Symphony Orchestra (SSO), Singapore
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    • 325 8  -  By' Trina Foo H J HEINZ, the world's largest ketchup maker, has bought homegrown sauce maker Sinsin Food Industries for an undisclosed sum. A new company, Heinz Sinsin Pte Ltd, has been established to market Sinsin sauce brands internationally and locally. At the
      325 words

  • MAIL bag
    • 396 9  -  Tan Yew Lee, Singapore I REFER to your article "Why all the fuss about corporate governance" by Peter Wallage (BT, April 23). It is good that BT is taking the trouble to educate Singaporeans on this very important aspect of business management
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    • 161 9  -  Winston F M Chin Singapore I REFER to your article "Foreign banks take fight to local banks" by Siow Li Sen (BT, April 20). May I add my $45.93 worth to your article. I am a Ready Credit and Credit Link customer of Citibank and Overseas
      161 words
    • 553 9  -  Teo Ho Pin WE refer to the letter "Focus on consumers' wrongs too, Case" by Henry Lim Li Shun (Mailbag, April 24). We would like to firstly thank the writer for his feedback. However, it would be necessary to clarify the Consumers Association of Singapore's
      553 words
    • 99 9  -  Michael Skully I REFER to your article "Foreign banks take fight to local banks" by Siow Li Sen (BT, April 20). If foreign banks are "muscling" in on local banks, then it must be with one hand tied behind their backs. Even after some very
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  • Page 9 Advertisements
    • 67 9 We welcome letters. E-mail us at btletter@sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in
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  • EDITORIAL & opinion
    • 781 10  -  PriTT^ bottom line OPINION robert reich The writer, professor of social and economic policy at Brandeis University, was secretary of labour in the Clinton administration LATWP THE Great American Debate about how to use the largest budget surplus in history has come
      LATWP  -  781 words
    • 109 10 'We can presume that the Chinese, Americans and several other countries know a lot more about this incident than they are saying.' Asia-Pacific editor of Jane's Defence Weekly, on why both sides have not released recordings of conversations between their pilots and ground controllers or data proving
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    • 588 10 EDITORIAL HOW will the Thai economy fare if, as seems likely now, the Constitutional Court finds that Prime Minister Thaksin Shinawatra did hide his wealth and, consequently, bars him from politics for five years? Sadly, the outlook is grim, especially if that verdict results in months
      588 words
    • 1171 10  -  A new study assesses Singapore's pursuit of FTAs with the US, Japan and other countries Reports by Chuang Peck Ming LAST weekend's Summit of the Americas in Quebec City promised to breathe new life into a seven-year-old dream the creation of the world's biggest free
      PSA  -  1,171 words
    • 584 10 A FREE trade pact is not a free lunch and Singapore's hot pursuit of such deals is not without costs, according to three university dons. "It would certainly be a leap of faith to conclude that there are no ill effects whatsoever," say Ramkishen
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  • MALAYSIA news
    • 441 11  -  ps>l exclusive It's not known if Abdul Rashid is acting on his own or on Mr H&lim's behalf From Eddie Toh in Kuala Lumpur A lawyer who has represented businessman Halim Saad and a former senior banker have emerged as surprised contenders for the
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    • 414 11  -  From'. Eddie Toh in Kuala Lumpur THE share price of RHB Capital, the parent of RHB Bank, tumbled following news that it has started merger talks with Utama Banking Group (ÜBG). RHB Capital fell six sen or 3.4 per cent to RM1.69 on
      Source: Bloomberg  -  414 words
    • 296 11 KUALA LUMPUR Reuters MALAYSIA'S international reserves fell by US$9OO million (551.63 billion) in the first two weeks of this month to U5526.29 billion on portfolio fund outflows, the central bank said on Monday. The central Bank Negara said in a statement that
      Reuters  -  296 words
  • Page 11 Advertisements
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  • REGIONAL news
    • 619 12  -  However, they also urge country to persist with its economic reforms From! Shoeb Kagda in Jakarta INDONESIA'S major donors yesterday assured the beleaguered government of President Abdurrahman Wahid of continued financial support but urged it to persist with its economic reform agenda, providing
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    • 171 12  -  From Al Labita in Manila THE Philippines' anti-graft court yesterday granted deposed president Joseph Estrada's motion for a 10-day delay of his arrest, averting a showdown between his supporters and police. Sandiganbayan presiding justice Francis Garchitorena said the court was still poring over
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    • 273 12 JAKARTA Firm given 2 days to explain Monday's 38% price jnmp Reuters THE Indonesian-based Sinar Mas Agro Resources and Technology Corp (Smart) resumed trading in the second session yesterday after it was suspended on Monday following sharp gains made over speculation
      Reuters  -  273 words
    • 922 12  -  nTacommen^ ASEAN The rest of the world's trading nations bad better sit np yang razali kassim IN CASE anyone doubts it, President George W Bush is a free-trader. In his first "coming-out" summit, he led 33 other leaders from the American hemisphere to agree on
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    • 556 13  -  But it will continue to monitor devt of ERP technologies; transport needs From Quak Hiang Whai in Hongkong HONGKONG does not need to introduce an Electronic Road Pricing (ERP) system, the government said after an extensive feasibility study. Releasing details
      FILE PHOTO  -  556 words
    • 552 13  -  FT exclusive] Restructuring of four state-owned banks under IMF guidance From. Harish Mehta in Bangkok FOUR of Vietnam's troubled state-owned commercial banks are setting up in-house asset management corporations (AMC) under an ambitious restructuring plan to resolve their bad loans of about 30
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    • 386 13  -  New World Devt may not sell stake in New World Telephone From Quale Hiang Whai in Hongkong THE luxurious Regent Hotel in Tsimshatsui could see a change of ownership soon. This was confirmed yesterday by Cheng Yu-tung's New World Development (NWD) which said it
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    • 554 14 SHANGHAI The delisting of Narcissus is expected to pave way for others Reuters CHINA has delisted a company foi^the first time, tossing chronic money-loser Narcissus off-the Shanghai stock exchange in a major reform breakthrough. The delisting, effective on Monday, paves the
      Reuters; REUTERS FILE PHOTO  -  554 words
    • 495 14 BANGALORE Software engineers are now facing an uncertain future AFP CHASTENED Indian computer professionals are watching the great national software dream turn into a nightmare, with looming job cuts and diminishing profits dashing their hopes-of Internet riches. In India's
      AFP  -  495 words
    • 260 14 BEIJING AFP CHINA warned it may retaliate over Japan's decision to impose restrictions on cheap Chinese vegetable imports, the official Xinhua news agency reported yesterday. A spokeswoman for the Ministry of Foreign Trade and Economic Cooperation (Moftec) demanded Japan remove immediately
      AFP  -  260 words
    • 192 14 HONGKONG AFP, AP THE Hongkong government said yesterday it wants to hold the election for the territory's leader on March 28, but Chief Executive Tung Cheehwa has not said whether he will seek a second term. Peggy Chau, a spokeswoman at the
      AFP,; AP  -  192 words
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    • 259 12 Economic Value Added (EVA™) is the most appropriate indicator used for operating and capital budgeting, strategic planning, acquisitions and divestitures, performance measurement, benchmarking and incentive compensation. It is a measure of a firm's true economic profit or Economic Value as well as a corporate performance evaluation tool to monitor and
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  • Page 14 Advertisements
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  • WORLD news
    • 548 16 NEW YORK Conference Board index slides to 109.2 in 6th tumble in 7 months; forecast was 112 Reuters, Bloomberg CLOUDING growing hopes that the slumping US economy was set for a swift recovery, a key barometer of consumer confidence tumbled again in April
      Reuters,; Bloomberg  -  548 words
    • OTHER RESULTS
      • 82 16 Bloomberg [DENVER] Qwest Communications International Inc's first-quarter profit fell 8.8 per cent as the company spent more to re-en-ter the long-distance telephone market in 14 western states. The company also reduced its capital spending plan for this year. The phone and Internet services company's net
        Bloomberg  -  82 words
      • 90 16 Reuters [WILMINGTON, Delaware] DuPont Co yesterday said its first-quarter earnings dropped sharply because of a slowing economy, high raw material costs, and poor results from its drugs business. Its earnings before special items fell to US$567 million (551.02 billion), or 54 cents a share, compared
        Reuters  -  90 words
      • 119 16 Reuters [NEW YORK] Media giant Viacom Inc, which owns Paramount Pictures and MTV, reported higher revenues and cash flow that beat analysts' expectations, though the company posted a slight first-quar-ter loss as a result of costs associated with its acquisition of CBS. The company reported pro
        Reuters  -  119 words
      • 91 16 Reuters [BETHESDA, Maryland] Lockheed Martin Corp, the defence contractor, yesterday reported a 44 per cent increase in firstquarter profits, at the higher end of Wall Street targets. Lockheed, maker of the F-16 fighter jet, posted net earnings of US$lO5 million, or 25 cents per share, for
        Reuters  -  91 words
      • 73 16 Bloomberg [ATLANTA] Earth Link Inc, one of the largest US Internet providers, said its first-quarter loss narrowed as revenue rose 34 per cent. The company said its loss, excluding merger-related costs, narrowed to US$35.l million (5563.2 million), or 27 cents a share, compared with US$5O.9 million,
        Bloomberg  -  73 words
      • 101 16 Bloomberg [OMAHA, Nebraska] Ameritrade Holding Corp, which has cut more than 300 jobs this year, said its net loss widened to US$54 million (5597.2 million), or 30 cents a share, as online stock trading dropped and expenses jumped. The loss in the fiscal second-quar-ter included a
        Bloomberg  -  101 words
      • 70 16 Reuters [NEW YORK] Beauty products maker Estee Lauder Cos yesterday reported increased fiscal third-quarter earnings and said it expects to report sales and earnings growth for the full year. Its net income for the quarter ended Mar 31 was US$65.l million (*****.2 million), or 24
        Reuters  -  70 words
      • 124 16 Reuters [LONDON] GlaxoSmithKline reported a healthy set of maiden results yesterday, buoyed by strong growth in core respiratory and Aids drugs, diabetes medicine Avandia and an-ti-depressant Paxil. Pretax profit in the first quarter rose 11 per cent at constant exchange rates to £1.388 billion (553.6
        Reuters  -  124 words
      • 95 16 Bloomberg [WHITE PLAINS, New York] Starwood Hotels Resorts Worldwide, the largest hotel owner, said first-quarter profit rose 17 per cent on higher room rates, though profit growth for the year will slow as business travel declines. It said profit from operations rose to US$62 million (*****.6 million),
        Bloomberg  -  95 words
    • 642 16 CORPORATE RESULTS Q2 earnings will be below Wall Street's current expectations, it warns Bloomberg [NEW YORK] Telephone and cable television giant AT&T Corp yesterday posted a first-quarter net loss due to stiff competition and weak prices, and warned
      Bloomberg; FILE PHOTO  -  642 words
    • 483 16 Reuters [MUßßAY HILL, New Jersey] STRUGGLING telecommunications equipment giant Lucent Technologies Inc said yesterday its second-quarter results plunged as the slowdown in customer spending combined with its restructuring actions to drag down results. The company, based in Murray Hill, New Jersey,
      Reuters  -  483 words
    • 367 16 NEW YORK Bloomberg MORGAN Stanley Dean Witter Co, the biggest securities firm by market value, will eliminate about 1,500 jobs as revenue slumps. The New York-based firm will cut 4 per cent of its workforce in its securities and fund-management units.
      Bloomberg  -  367 words
    • 605 16  -  EU must grasp baton, ECB should cat rates: Unctad From. D Ravi Kanth in Geneva THE United Nations' chief trade and development agency yesterday warned that the world economy faces serious downside risks this year because of a sharp slowdown in the
      XINHUA  -  605 words
    • 986 17  -  Certain to become PM tomorrow; all eyes now on whom he'll appoint as finance minister Fromi 7^l, Anthony Rowley in Tokyo POLITICAL "outsider" Junichiro Koizumi's startlingly swift ascent to become Japan's new prime minister reached its zenith yesterday when he secured overwhelming
      986 words
    • 626 17 Reuters [TOKYO] ONCE dubbed a maverick for his outspoken ways, Japanese ruling party lawmaker Junichiro Koizumi has remade his image into that of a fiery reformer ready to smash the old guard's stranglehold on politics. Mr Koizumi's reputation as one of Japan's more
      Reuters  -  626 words
    • 639 17 WASHINGTON China denonnces plans; no immediate Taiwan reaction NYT, AP US President George W Bush has decided to offer Taiwan a range of advanced weapons, including eight diesel submarines and four guided-missile destroyers that China has long sought to
      NYT,; AP  -  639 words
    • 212 17 WASHINGTON Reuters AMERICANS prefer to buy homes rather than invest in stocks or bonds, a poll conducted by an advocacy group promoting home ownership found. A poll of 1,500 adults conducted for the Arlingtonbased Homeownership AUiance found 87 per cent saw buying a
      Reuters  -  212 words
    • 226 17 Reuters [LONDON] International banks had net risk exposure to Argentina of U5563.5 billion (Sslls billion) at the end of the third quarter of 2000, statistics produced by the Bank for International Settlements (BIS) show. Of these claims, over 54 per cent were
      Reuters  -  226 words
    • 444 17 PARIS He adds that Europe, emerging markets will recover faster than the US Reuters EMERGING markets guru Mark Mobius has warned that the United States could dip deeper into recession and said European and emerging equity markets would beat a faster track
      Reuters  -  444 words


  • MOTORING
    • 306 18 Car Cars in another golf initiative VOLKSWAGEN distributor Car Cars, the first motor trader here to have its own driving range, has teed off another golf initiative. The company, an arm of businessman Peter Kwee's Group Exklusiv. has become the title sponsor for a junior (under 18) golf tournament that
      CHRIS LOH  -  306 words
    • 402 18  -  $13m facility will expand service capacity to 50 vehicles a day, reports CHRISTOPHER TAN CHRISTOPHER TAN JUST two years after landing the Volkswagen franchise and investing some $30 million in the business, privately-held Group Exklusiv is at it again. It has just plonked "$l2 to
      402 words
    • 775 18  -  Hyundai leads the pack while Kia, Daewoo are steadily making inroads in the Singapore market All reports by Christopl Christopher Tan A KOREAN war has erupted and is expected to intensify as Hyundai, Kia and Daewoo battle for a share of a
      775 words
    • BUMPER to bumper
      • 66 19 STA INSPECTION is raising inspection fees for all classes of vehicles except motorcycles. From Friday, first inspection will cost $4 more and repeat inspection, $2 more. For cars, this means $54 for the first round and $27 for the second. The company said the
        66 words
      • 134 19 IF you like cars, action movies and helping the less fortunate, here's your chance to satisfy all three interests in one go. The Rotary Club of Orchard, Singapore, is putting on a charity premiere of Driven, an exciting new movie about Formula One racing, starring Sylvester Stallone.
        134 words
      • 130 19 HONDA Motor will increase profit this business year for the first time in three years, as it steps up production of new models to meet demand at home and in its biggest market, North America, analysts say. Group net income for the maker of
        130 words
      • 111 19  -  Compiled by Christopher Tan INVESTORS are braced for an ugly set of first-quarter results today from DaimlerChrysler, but hope the worst is over. "The company will have reached its low point in the first quarter," Reuters quoted analyst Georg Stuerzer as saying. The group announced
        111 words
    • 335 19  -  Primary duties of new outfit will initially be "invoicing", reports CHRISTOPHER TAM CHRISTOPHER TAN FORD has become the latest manufacturer to assume import and distribution functions in Singapore. It has set up an office that will start operating in June. Ford Motor Co Singapore
      335 words
    • Article, Illustration
      1181 19 Average open market value (OMV) of cars registered in March. Source: LTA mK HOMED A166 3.0 2369 46,132 MJO A31.6A3DB 1586 19,193 AU0IA31.6A6DR 1-595 21,003 AUDA41.6MCR 1596 ***** MJDIA41BMCR 1,781 30X80 AU*A41.8nP4CR 1.781 33,614 *JDIM1BnWVT 1.781 ***** 4UDIT1C1BT180M 1,781 ***** X9KJDITTC1.*****5M 1,781 47.136 PPfiotTTOianOOM 1.781 ***** CJUBJUBIRFMOR
      Source: LTA  -  1,181 words
    • 675 19  -  By( Christopher Tan DESPITE lower sales and profits in the first quarter, as well as weak economic sentiment worldwide, Ford Motor Co remains decidedly upbeat. Taking a rare stance against the gloom-and-doom predictions from most quarters, chairman William Clay Ford Junior said the company has strong
      675 words
  • Page 18 Advertisements
    • 27 18 Showrooms: 9 Leng Kee Road. Tel: 566 1111 •61 Übi Avenue 2, #01-11, Automobile Megamart. Tel: 841 1183 Parts Service: 27 Leng Kee Road. Tel: 473 1183.
      27 words

  • Page 19 Advertisements
    • 610 19 #INoble1 Noble group limited (Incorporated in Bermuda with limited liability) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a SPECIAL GENERAL MEETING of the Company will be held at 18th Floor, Mass Mutual Tower, 38 Gloucester Road, Hong Kong on 10 May 2001 at 12:00 noon for the
      610 words

  • FORMULA ONE
    • 1298 20  -  He left this world almost seven years ago; his incredible legend lingers. SDBSAM LOW pays tribute to the racing phenomenon that was Ayrton Senna ADRIAN LOW THERE are some things in life that just leave you in mouth-gaping awe; the blood-red sunset from Ayers Rock, a Peregrine
      CAMERA PRESS  -  1,298 words
  • Page 20 Advertisements
    • 80 20 Power doesn't corrupt. But it will ask you to play truant from time to time. The Mercedes-Benz E2OO Kompressor. 163 horsepower. Extra torque from a low 2,soorpm.The quickest and smoothest acceleration in its class. Mercedes-Benz Inform your secretary you're stepping out for an urgent meeting. The Future of the Automobile.
      80 words

  • e-NEWS
    • 491 21 NEW YORK It intends to cut 2,000 more jobs; total figure will be 10% of workforce NYT COMPAQ Computer Corp, which recently surrendered its top spot in the desktop personal computer industry, reported first-quarter earnings Monday that missed Wall Street's already lowered expectations by
      NYT  -  491 words
    • 435 21 PALO ALTO, California Reuters INTERNET content and service provider ExciteAtHome Corp on Monday posted a steep first quarter loss and announced the appointment of veteran telecoms executive Patti Hart as its new chairman and chief executive. Ms Hart takes the reigns of
      Reuters  -  435 words
    • 405 21 It forecasts doable-digit growth in operating profits for year Reuters [BONN] Deutsche Telekom AG cheered investors yesterday as it forecast double-digit growth in cash operating profits for the year thanks to improvements in its mobile business and reported first-quarter losses in line with market expectations. The German
      Reuters; AFP  -  405 words
    • 517 22 STOCKHOLM Each company will own 50% o! a joint venture dne to start on Oct 1 in London Bloomberg ERICSSON AB, the biggest supplier of wireless networks, agreed to merge its unprofitable mobile-phone business with that of Sony Corp, the No 2 maker of consumer
      Bloomberg  -  517 words
    • 313 22 TOKYO Delay until October because of technical glitches, says report Bloomberg NTT DoCoMo Inc will scale back the world's first high-speed wireless phone services, planned for next month, casting doubt on how fast similar projects worldwide can recoup billions of dollars of investment. "We
      Bloomberg  -  313 words
  • Page 21 Advertisements
    • 246 21 DIZb olutons BiZSOLLTIONS FUNAN 2001 Get that extra edge your business needs at the first ever notebooks, mobile gadgets, servers and peripherals to BixSolutions Funan 2001! It's where you'll find the latest Date :25- 29 April 2001 software, storage, networking, digital imaging as well as onand most diverse selection of
      246 words

  • Page 22 Advertisements
    • 1416 22 Noble group limited (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2001 Annual General Meeting of the Company will be held at 18th Floor, Mass Mutual Tower, 38 Gloucester Road, Hong Kong on Thursday, 10 May 2001 at 11:30 a.m. for
      1,416 words
    • 106 22 projecteyeball. "I CAN'T GET A ppDATE... jJQK> tJMHf j Men are afraid of Jerry 4 I# J Manthey "evil incarnate", 4 f "wicked witch" and "TV's most- hated villain". But Survivor's resident ***** tells Jeamarie Tan f* very kind, r S'vinS) honest and nurturing Is she misunderstood? Decide f° r
      106 words

  • M-Commerce World
    • 1071 23  -  Despite its recent problems, the wireless world is not that far away, says bob hayward BOB HAYWARD The writer is a senior vice president at technology research and consultancy firm Gartner. MOBILE commerce has this year reached the heights of expectation, then plunged to the depths
      1,071 words
    • 916 24  -  Mobile services revenues in Singapore are projected to rise from US$725 million in 1999 to US$l billion by 2004. And to aid that growth, the IDA is building a comprehensive m-commerce ecosystem that will unlock synergy between the players, says lows taw LOUIS TAN The writer
      FILE PHOTO  -  916 words
    • 982 26  -  Will people embrace their cellphones as the ultimate consumer device or will they shrug off wireless commerce as junk mail on the move? Patrick grove paints some scenarios PATRICK GROVE The writer is chief executive officer and vice-chairman of Catcha.com HOW will mobile
      ADAM LEE/ST  -  982 words
    • 941 26 Mobile Internet is limited only by creativity, ana m-commerce will be commonplace one day MOBILE telephony and the Internet were the two exciting growth stories of the *****. The mobile Internet has brought these two technologies together to create a whole new service
      941 words
    • 891 27  -  A good way to manage risk and reduce card fraud is to adopt payment solutions with good risk-screening capabilities, says james kang JAMES KANG The writer is managing director (Asia Pacific) of Trust Marque (Singapore) THE humble plastic card, credit or debit, is one of
      891 words
    • 1034 28  -  The confluence of new mobile technologies and expectations will shift the business focus from the enterprise to the user, ana an 'ecosystem' formed where products and services can be supplied anytime, anywhere, says joam yap JOAN YAP The writer is managing director of Brokat Asia THE
      1,034 words
  • Page 23 Advertisements
    • 36 23 mbrane f i W extending enterprise information assets A 'ImP wirelessly, while overcoming the challenges v of distance, time, network availability i v BL and security! ....now that's the best of breed mobile enterprise management solution
      36 words

  • Page 24 Advertisements
    • 439 24 @tf" \/SV' \0 gfflea^... ■commerce g ards fSEC mszzxsxmsm Cards Asia v 'JtlL. x s&i& U, 2 0 91 Attend the most up-to-tha minute conference and Attend Asia's Most Exciting Mobile Commerce New Topics, New Insights, New Speakers... workshop seeeion which covers... Dedicated Conference... r National Smart Card Initiatives Across
      439 words

  • Page 25 Advertisements
    • 249 25 mm power Sf to do business s E anywhere 7:soam A quick run-through of the day's appointments in my Agenda. 10:03 am Sent an email to my son while enjoying a latte in the departure lounge. Checked latest stock prices yJSK* while on-line. Jm*L B*7j mumm 10:35am-Airborne at last. Used
      249 words

  • Page 26 Advertisements
    • 42 26 x f ilife r«s£* r iff' y H > HELLO TOMORROW |WE ARE COMPUTER ASSOCIATES THE SOFTWARE THAT MANAGES eBUSINESS" ca.com V ©2001 Computer Associates International. Inc. (CA). All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies
      42 words

  • Page 27 Advertisements
    • 114 27 H IS I *t i I t 1 I 1 1 JL?L _L *3. i Only 1.36 kg Smaller than A 4 -1,100 ANSI lumens I I i fer I x -V. |l| m. I ll II I I II Impressive looks Stunning performance 2-year international warranty* Total Control I
      114 words

  • Page 28 Advertisements
    • 135 28 Brokat Payment Works Mobile From Wireless Technology to User-Centric M-Commerce: How to Profit from the Paradigm Shift Mobility Mlilti Channel It is the immediacy, omnipresence, and security of wireless that open the door for new business opportunities. i Multi Payment US Brokat Payment Works Mobile offers payment providers a great
      135 words

  • FINANCE & commodities
    • 263 29  -  SGX Derivatives Trading Report ST Inde*/MSCI STpare Index Lau Chee Keong Refco (Singapore) Pte Ltd THE Singapore stock market managed to claw its way back and closed almost unchanged after spending most of the day in negative territory yesterday. The benchmark Straits Times Index gained
      263 words
    • 225 29  -  MS& Taiwan Index Refco Singapore THE Taiwan stock market closed lower yesterday for the second day in a row following the Nasdaq slump on Monday night. The Nasdaq tumbled more than 4 per cent after Merrill Lynch had downgraded the semiconductor sector. The
      225 words
    • 224 29 Reuters London THE yen fell as much as half a per cent against the US dollar yesterday on concern Japan's Prime Minister-in-waiting Junichiro Koizumi may have difficulty implementing his reform agenda. Such concerns were heightened after Mr Koizumi, elected leader of the ruling LDP, said it was too
      Reuters  -  224 words
    • Article, Illustration
      1227 29 DtTBRBAME CROSS RATES Apr 24 AS C$ Bwb Eiro Ffr Pw HK$ Ind ts frptah Yen Won Mi NZ$ Pafc Rs Peso S$ Band Sfr NTS Baht Pound US$ Australia 0.783 4.200 0.562 3.686 1.099 3.947 23.707 59.967 0.613 6.614 1.923 1.235 31.054 25.502 0.915 4.117 0.858 16.644 22.982 0.351
      1,227 words
    • 1923 29 jMBgHjUnMifflnilfntniii'tlj• m"1i i IKl 111 1" H' **?>**?* ■**> SICOMPOTOEBS Apr 24 ROWER (futures closing as «t 5.30pm) RSS1 CONTRACTUS cents/kg) Close Volume Open Month Hfcpji Low Sett (tonnes) Interest May 01 104.00 jut 01 104.25 500 Jut 01 104.50 250 Auq 01 105.00 250 RSS 3 CONTRACT (US cents/kg)
      1,923 words
  • Page 29 Advertisements

  • STOCKS east asia
    • 2876 30 HONGKONG AFP nHangSeng -36t89 HONGKONG share prices fell 0.3 per cent lower yesterday following falls on Wall Street, dealers said. The key Hang Seng Index lost 36.89 points to close at 13,274.61 on turnover of HK$7.2B billion. Kenny Tang, associate director
      AFP  -  2,876 words
    • Article, Illustration
      1085 30 AFP HI Shenzhen B Index +9J6 CHINA'S Shenzhen B Share Index gained 9.16 points, or 2.4 per cent, to 389.62 yesterday. Shanghai B shares climbed 3.9 per cent to a new record high with gains across the board on renewed retail interest, dealers said. The Shanghai Stock Exchange's B
      AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,085 words
    • 367 30 AFP gWPMex -&36 TAIWAN share prices closed 0.1 per cent lower yesterday as investors remained cautious ahead of first-quarter earnings results. The Taiwan Stock Exchange Weighted Price Index edged down 8.36 points to 5,589.36, on turnover of NT577.65 billion. "Investors were conservative because the situation is still unclear as
      AFP  -  367 words
    • 2073 30 TOKYO AFP PXikkai22s *27.88 TOKYO share prices rebounded from early losses yesterday as investors welcomed reformist Junichiro Koizumi's victory as Japan's ruling party leader and next prime minister, brokers said. "Share prices went up the moment he was elected,' said Hiroshi Sato, market analyst
      AFP  -  2,073 words
  • Page 30 Advertisements

  • STOCKS klse
    • 434 31 AFP Composite Index -L6B MALAYSIAN shares closed down 0.3 per cent yesterday due to profit-taking by retail investors, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 1.68 points to finish the day at 571.69. The Second Board Index slipped 0.89 of a
      AFP  -  434 words
    • 8936 31 INDUSTRIALS COMMMT prefects 2001 Last Vol Day (tot Cap Low Company Sato '000 High Low P/E Smll 340 290 A|inomoto 290 8.7 117 5 45 24.5 Anqkiu 29 42 8 342 282 Apollo Food Hlg 292 -8 1 292 292 6.3 116.8 356 273 Asia File 274 -24 26 283
      8,936 words
  • Page 31 Advertisements

  • SGX clob & regional stocks
    • 2793 32 BONDS WARRANTS Apr 24 art wm» rnmj utm SZ-Vaat Lot ¥«l Day LailOarti At* Hue* Can U» Ota Mas Njk Lm S* «ar- 000) Mfk Lot Beyer wkr Mm IhMUMi hto left 40 0.5 s Acma W*****4 0.5 unch 100 0.5 0.5 0.5 t 41.0 1 300 553 92.00 3
      2,793 words
    • Article, Illustration
      728 32 AFP SET Index +M 1 THAI share prices rose 2.2 per cent yesterday on the back of speculative buying in finance and banking issues, analysts said. The Stock Exchange of Thailand (SET) Composite Index gained 6.41 points to close at 296.95 and the SET 50 Index was up 0.34
      AFP  -  728 words
    • 286 32 AFP r Composite Index +6JJ4 PHILIPPINE share prices rose 0.5 per cent yesterday as investors bought into property stocks, analysts said. The Philippine Stock Exchange Composite Index rose 6.84 points to 1.444.00. Volume turnover fell to 294 million shares worth 303 million pesos. AFP Apr 24 Peso (OOO) Abacus
      AFP  -  286 words
    • Article, Illustration
      734 32 AFP Composite Index +L 69 INDONESIAN share prices closed 0.5 per cent higher yesterday on technical gains. Advances were capped by concerns over possible violence ahead of next week's parliamentary meeting, dealers said. The Jakarta Stock Exchange Composite Index closed up 1.69 points at 348.10. An analyst with Dongsuh
      AFP  -  734 words
    • 266 32 AFP n NZSE-40 +OJO NEW Zealand stocks closed barely higher yesterday with renewed interest in Telecom providing the main focus in quiet trade, dealers said. The NZSE-40 Index was up 0.9 points at 2,094.24. Turnover reached NZ$B2.2 million. Telecom was up eight cents at NZ56.45. AFP Apr 24 US
      AFP  -  266 words
    • 561 32 AFP H All Ordinaries nnch THE Australian share market's main index closed unchanged yesterday after falls in News Corp counterbalanced investor demand for Woodside Petroleum, banking and retail sector shares. The All Ordinaries Index closed steady at 3,241.5 points and the benchmark SP/ASX 200 rose 0.4 points to 3,301.
      AFP  -  561 words
    • 312 32 AFP QOnpMtebin_ -530 KOREAN stocks fell 0.9 per cent. The index closed down 5.30 points at 555.64. Volume was 344.2 million shares at 1.6 trillion won. AFP Apr 24 Don Amm Semi .4525 -285 Brain Tech.. 595 -35 Central Bank 170 unch CheilComm ***** -500 04* Gu Bank _..1405
      AFP  -  312 words
  • Page 32 Advertisements

  • 8049 33 SGXMAINBOARD Of Gr M Wl U«l Vol Doy Lift Quote Mv Mr YW MM Cap Av« Hfi low Company Solo cm low Buyer S*m Cw HI $3j Wco MULTI-INDUSTRY 153 39 5 cAcmaSOc 46 cd +1.5 1«7 46 43 45 5 46 0.5 19.9 0.5 12.1 794 46
    8,049 words
  • Page 33 Advertisements

  • New Asia Biz Woman
    • 1055 34  -  Singapore chapter of women's group forms registry of women directors, reports SERENA KG SERENA NG IS your board of directors too male dominated? A registry of women directors has just been set up by the Singapore chapter of the International Women's Forum to expand the pool of
      FILE PHOTOS  -  1,055 words
  • Page 34 Advertisements
    • 3922 34 |NOTICES To advertise call toll-free 1800-741 1883 Fax No^4n29^| IN THE MATTER OF THE COMPANIES ACT, CAP. SO Y L LOW INVESTMENT PTE LTD (In Voluntary Liquidation) At on Extraordinary General Meeting of the members of Y I LOW INVESTMENT PTE LTD duly convened and held at 6001 Beach Rood
      3,922 words

  • Page 35 Advertisements
    • 644 35 Where to wine, dine and Show your secretary how much you appreciate her. Treat her to a well deserved lunch during the International Secretaries' Week. St. Gregory's Brasserie Tuck into a delightful Japanese Lunch Buffet. $28 per person. Lunch time fashion show on 25 April. Door gifts for secretaries Attractive
      644 words
    • 75 35 1/wP j^u»igutiorna A TRIBUTE TO ALL SECRETARIES 23-27 APRIL 2001 Time 12:00 noon 2:30 pm Pricc $48 nett per person Venue Mandarin Ballroom (6th floor, South Tower) Reservations/Ticketing Hotline: 831 6288 Fax: 831 6284 Mandarin Qj Singapore fff mt a cM a^z 333 Orchard Road, Singapore *****7. Tel: 737 4411
      75 words
  • Page 35 Miscellaneous

  • MONEY matters
    • 994 36  -  I-i< comment CURRENCIES The yen may turn out to be a less compelling sell in the short-term larry wee THE story of the week is that the US Federal Reserve caught financial markets completely offguard with a surprise half-point rate cut last Thursday that sent
      Source: Bloomberg; Source: HypoVereinsberk  -  994 words
    • 964 36  -  By, John Tan The author is a fixed income strategist with Standard Chartered Bank in Singapore. This article is not an invitation to invest. BTand its contributors will not be held liable in any way. THE Asian US dollar bond market had
      964 words
  • Page 36 Advertisements
    • 360 36 Eu Yan Sang Llngifal Craßkpii Capsules Ancient Remedy Lingzhi or the Ganoderma Lucidium mushroom, an umbrella-like mushroom fungi, was known to ancient Chinese emperors and nobles as The Wonder Herb" for its excellent health enhancing properties. fetes w Modern Marvel flX* Today, Lingzhi is used as an aid to jH|B
      360 words
    • 6 36 Money Matters resumes on May 9
      6 words

  • EXECUTIVE money
    • 1481 37  -  VEN SREENIVASAN takes a look across the Causeway PERSONAL INVESTMENT VEN SREENIVASAN Political uncertainties, economic weakness, a flagging currency, loss of investor confidence, capital flight No, we are not discussing Indonesia or the Philippines, both of which have been in the headlines in recent months for these
      Source: Bloomberg; REUTERS  -  1,481 words
    • 469 38 UNIT TRUST/SECTOR (6 MONTHS: OCT 20 '00-APR 20 *01) TOP 10 FUNDS CPF-APPROVED BENCHMARK (S6) CHNG CHNG 1 HS8C Chinese Growth N 35.92 CLSA China World 8.25 Equity China 2 UOB Untad Gok) General N 21.43 Goldman Sachs! 3.4 Sector Commodity Nat Res Commodity 3 Aberdeen Eqty
      469 words
    • 1271 38  -  ll?Wli]=l markets Del Monte, OCBC, SIA continue buybacks; DBS bigwigs active By Robert Halili The writer is managing director of Score Lab Asia Ltd. He is assisted by Ngia Soon Chai, Singapore News Desk A SURPRISE 50 basis point rate cut in the US
      Source: Primark ITA  -  1,271 words
  • Page 37 Advertisements
    • 89 37 imKiKoiii^^^^^BGT BBi Proven <j9fl^^B^H^K|^H^^^^^B^Hfir fundamentally stocks and fl|^k for the $10,000 invested in Income's pioneer Prime Fund in 1973 would have grown to $158,000 by end December 1999 a yield of 11 Our charges are the the our As a our Plus you enjoy up to 3 times for death
      89 words
    • 56 37 INSIDE YOUR MONEY Refinancing is the name of the game in home loans, on EM 3 DEVIL'S ADVOCATE Contrarian David Dreman warns that tech stocks are still way overpriced. A Forbes column, on EM 3 asiaonemarkets A contrarian portfolio of S'pore stocks, spotlight on OUE; and what to do with
      56 words


  • PERSONAL FINANCE/INVESTMENT
    • 669 39  -  Ellcomment YOUR MONEY Meed some spare cash? Switch banks to refinance yonr home loan; today's Interest rate savings can be substantial siow li sen SOMETIMES, an opportunity presents itself to make some immediate spare cash, and with little risk. I would venture to add
      669 words
    • 756 39  -  And that means there's more downside to come By'. David Dreman WE'RE still a long way from realistic tech valuations. While there are a number of good tech values right now that you should buy, a lot have further to tumble. Just how much further
      756 words
    • 442 39  -  Retire Wise combines insurance coverage with income from fonr underlying fnnds in stock, bonds, debt By\ Siow Li Sen OCBC Bank yesterday launched a retirement product that combines an invest-ment-linked fund to retirement income options. Underwritten by OAC Insurance, Retire Wise will payout a guaranteed
      RICHARD CHNG  -  442 words
    • 821 39  -  The bank plans to leverage on its global brand, eyeing consumer loans and asset management, as ADELINE CHUAH finds OUt ADELINE CHUAH AMERICAN Express Bank (Amex) is confident its Persona] Financial Services (PFS) in Asia will sustain a 25 per cent growth
      RICHARD CHNG  -  821 words
  • Page 39 Advertisements

  • asiaone markets
    • 484 40 STOCKspotlight CONSIDERING Overseas Union Enterprises' 1,200-room flagship Mandarin Orchard, and about 7,000 hotel rooms in Singapore, Malaysia, China, Vietnam, and Thailand, one may think its mainstay is the hotel business. Yet, just over 30 per cent of EBIT (earnings before interest and taxation)
      484 words
    • 781 40 THE term contrarian was first coined by David Dreman in the mid-1970s to describe a style of investing that moves against the popular crowd. Dreman's strategy focused on finding stocks which were out of favour with investors, as best realised by their low PE ratios (stock
      781 words
    • 727 40 Buy, sell, hold—do they really know wturt they're talking about? LAST week we suggested that a good way to narrow the stock selection process is to use analysts' recommendations. But it was also pointed out that the use of these recommendations is not
      727 words
    • 412 40  -  fundsupermart By Wong Sui Jau The writer is a licensed investment advisor from Fundsupermart.com ACCORDING to William M Mercer, 80 per cent of the funds last year lost money. This is not surprising given that most stock markets indices fell last year. At such times,
      REUTERS  -  412 words
  • Page 40 Advertisements

  • SHIPPING TIMES
    • 282 41 -Reuters THE Baltic Dry Index (BDI) rose nine points to 1,462, the Baltic Handymax Index (BHI) firmed 53 points to 9,486 and the Baltic Capesize Index (BCI) was up 26 points to 1,780. TIME-CHARTER: Anangel Century (built 2000) 169,700 dwt 14.5 on 58 ndas delivery Ijmuiden Apr 30/
      -Reuters  -  282 words
    • 313 41 sex 'ooo Apr 2* S$ VQt CWT Distribution 0.50 0.01 3 Chuan Hup 0.29 unch 214 Cosco Investment 0.18 0.01 97 Freiqht Links 0.09 0.01 958 GB Holdings 0.40 0.01 20 IMC Holdinqs-HK 5.60 unch 0 Jaya Holdings 0.15 0.01 236 Keppel Corp 2.94 0.01 547 Keppel FELS
      313 words
    • 637 41  -  Built by Hyundai, the crude carrier features double hull, innovative design By\ Donald Urquhart in Ulsan, South Korea [SINGAPORE] Concordia Maritime took delivery of the first of two revolutionary new US$76 million (*****.8 million) V-Max VLCC (very large crude carrier) tankers from Hyundai
      637 words
    • 328 41  -  By Beth Jinks [SINGAPORE] The International Maritime Organisation's (IMO) Marine Environment Protection Committee (MEPC) is expected to adopt revised legislation to speed up the scrapping of single hull tankers this week. The committee's weeklong session will see singlehull tankers scrapped several
      328 words
    • 434 41 It claims Seoul pays shipbuilders illegal subsidies; decision to be taken next week Reuters [BRUSSELS) The European Commission is likely next week to propose starting a World Trade Organization (WTO) case against South Korea over its shipbuilding practices, European Union sources said
      Reuters  -  434 words
    • 143 41 REUTERS [VIENNA] Anette Joensson (far left), design coordinator of ResidenSea, and Ann Christin Harr, sales director of ResidenSea, stand in a life-size apartment model of The World (top), a 196 metre long, 40,000 tonne state-of-the-art liner 12 decks high, harbouring a crew of
      REUTERS  -  143 words
    • 228 41  -  Hit Beth Jinks [SINGAPORE) The CMA CGM Normandie was refloated after it ran aground in the Singapore Strait on March 27. An Indonesian official told Ship ping Times the Normandie was towed by tug to the Malaysian Port of Tanjung Pelepas
      228 words
    • 814 42  -  STRAIT TALK By Seafarer JUST what role the classification societies should have within the shipping industry is an increasingly controversial topic. It is certainly one that deserves a wide-ranging, frank discussion. All interested parties need to give this issue careful thought.
      814 words
    • 394 42  -  James Fong Hin Tat, Master Mariner, Extra Master President, Singapore Nautical Institute (SNI), Chairman, Working Group Guide to Safe Navigation, Straits of Malacca and Singapore. (Former) Vice Chairman, IMO Working Group on Ship Port Interface I REFER to your article "Data must come
      394 words
    • 282 42 PAGE Ahrenkiel It Appenship 5 Asia OCL 10 Assets S Austral 6 Avant It B'tang Mas 6 BSA 7 BTL tl Bangladesh 10 Batamindo 10 CCNI 7 CMACGM 3 COSCO 3 CSAV 3 ft Central Ex 6 Chahaya 11 Cho Yang 5 China Shpg 5 Confer 11
      282 words
    • 13552 48 THEBUSINESSTIMES Page 8 EXPORT WEDNESDAY, APRIL 25, 200 ETA ETA Advertiser V*ssel Voyage Telephone SIN Dest'n Name Nam* Number Number To ABIDJAN (ABJ) 2003 Cot* D 1 1 voire 02/05 03/06 COSCO YUAN HE 0083W 65-*****00 02/05 07/06 ZIM/Seth ZIM EILATI 15W 65-3230H2 03/05 03/06 MOL P&O NED
      13,552 words
    • SHIPS IN PORT
      • 765 52 Vessel Voy No Berth Arrival Departure Kian Menq Kh0108 'jol 24/04/20*0 Winstar 8 ***** J03 24/04/7:20 24/04/21*0 Thanh Da Mar-01 J15 24/04/9:05 25/04/5*0 Bayswater118 M1102 J02 24/04/830 24/04/16:00 El 23 75 J02 24/04/9:10 24/04/17:30 Bt Mek 23-Apr J01 24/04/10:00 24/04/23:59 Bt Mustika ***** J01 24/04/13:10 24/04/23^0 Bt Sejati
        765 words
      • 1992 52 RECEIVING OF EXPORT Fa CONTAINERS AMP LCI CARGO Booklii|/M«ic« Rstls Ship Voy No Etb/Btr jwM Frow To From 4 24/1200 24/1499 24/1700 MTMTY OS 2V23*0 O 23/1900 23/099 23/000 2A 23/1700 24/0659 24/0900 2* 23/1700 24/0699 24/0900 MONTY US 26*00 23/1900 21/09* 21/1*00 21/1700 24/0699 24/0900 23/1700 24/0659
        1,992 words
      • 193 52 Apr 25 Australia: Anzac Day. Italy: Liberation Day. New Zealand: Anzac Day. Apr 20 Japan: Greenery Day. Mayl Singapore: Labour Day. Thailand: Labour Day Malaysia: Labour Day Philippines: Labour Day South Korea: Labour Day China: Labour Day Hongkong: Labour Day Vietnam: Labour Day Argentina: Labour Day Belgium: Labour
        193 words
      • 791 52 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        791 words
      • 581 52 Carbon 180 Mix 991.0 0.5 13.3 0.10 194 0.06 Apr 19 Density Water Residue Ask Aluminium Sediment No above E25 0 0 0 0 1 0 %MiM 380 Ave 984.5 0.3 12.7 0.06 23 0.02 tun, 380 Max 990.7 1.1 15.3 0.11 67 0.03 »WM*3 v/v
        581 words
    • AIR & LAND transport
      • 344 53 World's biggest commercial aircraft maker expects to maintain Reuters [EL SEGUNDO, California] Boeing expects to maintain its position as the world's largest commercial aircraft maker this year and sees oom to cooperate with its arch-ri-val Airbus Industrie, the company's chairman said.
        Reuters  -  344 words
      • 515 53 Details of govt loans for snpeijnmbo development sent to Washington AP [BRUSSELS] The European Union's trade office insisted that details sent to Washington about European government loans to Airbus for developing a new superjumbo jet show that there was no violation
        AP  -  515 words
      • 233 53 -AP [PARIS] Airbus Industrie's new A *****0, a long-haul jetliner that seats 380 passengers, took off from the southern French city of Toulouse on Monday for its first test flight. The plane took a five-hour, 22-minute round-trip flight from Toulouse-Blagnac Airport, near Airbus' headquarters,
        -AP; REUTERS  -  233 words
      • 136 53 [SINGAPORE] The first ever unmanned, powered aircraft to cross the world's largest ocean non-stop touched down in Australia on Monday night. The unusual-looking US Air Force Global Hawk Unmanned Aerial Vehicle (UA V) (above) set an aviation record when it landed at Edinburgh Royal Australian
        136 words
      • 404 53  -  By Donald Urquhart [SINGAPORE] British Airways (BA) unveiled its $1.5 billion cabin overhaul yesterday, including the world's first flat sleeper-seats for business class, a four-class cabin layout and a major refurbishment of its Changi Airport lounge. Speaking at the product launch yesterday,
        404 words
      • 2219 53 on Fuoff m futMT n> MMI MM10 MM LM6381 1850 stao 5023 MB an 2235 6*979 0955 S0328 2325 mr wg Utmmmtm MO 0255 MM N242M 2045 R***** 2045 mm am »g OMM gut 0225 MM" MWA846 Q30 MV6A847 0755 »klll>W MI07 IW0 S0W2 0910 SOW
        2,219 words
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    • 1135 42 I NORTH AMERICA I I EXPORT I I OTHER DESfjNATioiiS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MARQARfTA SERVICE) vtssa vot ""ptTST" no aw longkaoi mhos Houston oocago wwyork mexkooty vessel vot sin fTQunm acajutia san lorbcq cornfto rr auau oubuvbftura 00a WW
      1,135 words
    • 87 42 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN PORTS Hono Konq AH China Porto tEVEBY THUR > SUN VESSEL) VESSEL VOY ETDSIN ETATYO ETA KOB ETA YOK ETA NGO ETAOSA HOUSTON V.***** 29 APR 05
      87 words
    • 771 42 Lines services represented by (Members of the Registry of Members of ihe fcJKgPIf Accredited Shipping Agents, Sin 9 a P° re Lo g isfics Ngm Singapore Shipping Association Association ULY UNI MALE VESSEL VOY Tin EM ETA P. KLAHG SPORE MALE Empress Uly VO4Ol 28/04 29/04 08/05 Princess Lily VO4Ol
      771 words

  • Page 43 Advertisements
    • 1333 43 TO EUROPE FROM EUROPE VESSEL VOY SIN RTM AMR HAW BRV SOU FXT UH IvBSB VOY imw ANR HAW KV SOU FIT LBI SW HY ADMIRAL 332W 26/04 20/05 16/ OS 18/05 15/05 AFIMPONESIA 08K 06/04 05/04 06/04 03/04 26/04 MOLTYNE 543W 27/04 16/05 17/05 21/05 19/05 HYGOCRAL 3301 10/04
      1,333 words
    • 2337 43 TO ADEN T/T 10 DAYS JEDDAN T/T: 12 DAYS AQABA T/T: 15 DAYS GENERAL AGENTS IN SINGAPORE: 80 ROMNSON RD #12-00 SAIES/BKGS TEL: *****57/43 FAX: 23*5321/71 MALAYSIA OFFICE PASIR GUDANG TEL: 07-*****66 FAX: 07-*****70 f ACTAD CHIPPING PTE ITU SINGAPORE *****8 OUTWARD (B/l) *****02 *****25/75 PORT KLANG 03-*****633 03-*****668 nmmiJiMflMi
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    • 1434 44 C SENATOR LINES TO EUROPE TO MIPPU EAST/RAN/RH) SEA Yissa VOT SW UH »TM UOt HAJi WV FIX Vtssa VOY Ml Ml Oil JH) IMP PfNAMG SIIUTOR 0017W 74.04 11.05 13.0S 14.0S 15.05 16.05 17.05 ASM OOUW 7104 05.05 0105 17.05 13.05 HANJM SAVANNAH OOUW 77.04 19.05 79.05 17.05 18.05
      1,434 words
    • 885 44 ■tJJI MAC-NELS S PORE M'SIA Carrtar MN CON 111 LINES, INC p. guoang. (ot) *****26 l~lV"/\~ J OWWOimilTinißß SIBU: (084) *****9 MAMLA: (832) *****24 PENANG: (04)*****36 BANGKOK: (662) *****67 SURABAYA: (31) *****11 P. MELANQ: (03) *****77 JKT (21)*****45 KUO6NQ (082) *****1-3 KARACHI LAHORE MV "CASTOR" V.021 ETA SIN 29/04/2001 (Also
      885 words
    • 552 44 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOR N SHEVA (CFS MULUNO. MUMBAI) COCHIN COLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN I.C.D. POINTS VKMI VOY S PORE N SHEVA COCHIN COLOMBO P.KLANG TULSIOAS 141 ?9 APR 08 MAY 11 MAY 14 MAY 18 MAY FRONTIER 109W 06 MAY 15 MAY
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    • 1728 45 VESSEL VOY KHH HKG I SIN I PKL DXB BAB DMM UK IRAN KERMAN PCL-204 24/04 25/04 28/04 29/04 08/05 09/05 11/05 13/05 IRAN ISFAHAN PCI-205 01/05 02/05 05/05 06/05 13/05 14/05 16/05 18/05 IRAN HORMOZGAN PCL-206 08/05 09/05 12/05 13/05 20/05 21/05 23/05 25/05 IRAN TEHRAN PCL-207 15/05 16/05
      1,728 words
    • 458 45 I Loading for 1 GOOD FRIDAY RDM/ATW/BMNAJK I OCEAN RANGER RDM/ATW/BMNAJK I Loads Singapore. E-/W Malaysia, tndonesta I Loading for PAUL X JDH/AQA/DMT SOUTHER STAR 1 JDH/AQA RAINIER DBI/ABU/DOH/BRN/DMM/KWT PIONEER SUN DBI/ABU/DOH/BRN/DMM/KWT EFFY N JDH/AQA/DMT SEA RENOWN HDO/JDH/AQA •Loads Singapore, E-/W Malaysia. Indonesia I Loading for I NATS EMPEROR CAM/NFK/SAV/NOL
      458 words
    • 1681 45 EUROPE EXPRESS SERVICE EXPORT ZZ IMPORT VESSEL VOY SIN UN RTM ANR HAM RHV FLX VESSEI VOY RTM HAM ,HX LEH SIN POHANGSCN 016W 01/05 18/05 20/05 21/05 22/05 23/05 .24/05 HJ AMSTERDAM 008E .05/04 07/04 09/04 12/04 29/04 PORTUGAL SEN 016W 08/05 25/05 27/05 28/05 29/05 30/05 31/05 HJ
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    • 490 46 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE IVISSII VOY SIN PIR SPE lEH AMR FXT 1 MSC GIHA 01w SUM 11M IAM 22M 21M 2iM MXAIHA QIIBR QAM ZIM 23 MAY 2? MAY I JIM QUIA 1 MSCRAFAtU ***** It MAY 21W ILM M QLUIH M MSCKEGINA *****1 I 73MAY
      490 words
    • 909 46 mWKOMItf TA PHUT/LAKM CHABAHO JAKAWTA^AHJAMO vissa I vot s« m I mtp 101 vessel I vor sw jkt jm NANTAIHUM 54 SN 71/04 02/QS 01/ OS HAKIIHUM 12fi WM IMS "THAiHgr- W JUM SiZfiS !ML_ 8| SHIMANAMI VI 30/04 04/0S 04/QS Hi £K«c ~W$Tc 1 lANIIHUM 707N 01/05 05/05 UWA
      909 words
    • 655 46 INDONESIA NATIONAL LINE TO AUSTRALIA "T~ RILL COWT/UNER SERVICE va vor pkg aw he t sro m w* m ra rotOMfiJUK 3K 30/04 01/05 11/05 13/05 15/05 IS/0S VI IVORY ~in~ >7/05 01/05 14/05 20/05 72/05 25/05 POTSDAM M5~ 14/05 15/05 25/05 27/05 29/05 01/06 NYKPMX OfS M/OS 22/05 21/05
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    • 432 47 I BSfl ii.l mm MYANMA wHBk FIVE STAR UNE (Myoßnar National Line) W i—J:— v ■tnwipj ivi vinwvai vissa vor sw nt pb pgo I AGO 118W SIO MONGU 45W MPT MALAYSIA AGENTS: BOtISTEAD SHIPPING AGENCIES RUL- m 03-*****300 PRL: TEL 03-*****101 rot TU 04-*****02 PGU: TEL 07-*****21/4 BANK LINE
      432 words
    • 1179 47 HMNEO HYUNDA^AERCHANTMAJIINECOj^TD^^^^^^ IVBSR VOT I SW I SOU I UH I tw I ANT I HAW I BBV~| IVBSB I VOY 1 SOU I UH I HM I AWT I HAM I ERV~ TTI HYMSCOVBY 301W 23/04 15/05 09/05 10/05 12/05 12/05 08/84 07/84 01/84 03/84 25/04 MY AOBNRAL 332W
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    • 1031 47 vftv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE" IVISSa VOT UW HBGHT SIN UC MAO I MIA SAV ML OOF MYC HfW MO« TAIABOT AHIO9 4001 m 6.3 M 26/04 03/06 06/06 OS/06 10/06 11/06 13/06 17/06 19/06 TAMPERE AHIIO 4001 m 6JM 07/0S 13/06 16/06
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  • Page 50 Advertisements
    • 837 50 I w SAMUDERA SHIPPING LINE LTD 72 Amm Read, #06-01 to 03, Bfpw *****1 MAM UNI/OUTWARD: 532 36U INWARD (MOh 437 236S IMPORT STATUS (MD): 437 2371MVENTOKY (MO* 437 2420 Wobsito bttp://www.MM»d«ra.<om CB NO. 1t402t*****N BOOKINGS UNE: 535 6266 (Celia/Jessica/Mei Chon/Jeslynn/Pora/Yvonre/Honim) 7 SLGS/WEEKLY 3 SLGS/WfiKLY IVKSa 1 VOT I SW
      837 words
    • 604 50 I /fb PDZ LINES I MJW W CUSTOMBSBVKX: TH:O2-221-55W FAX: 02 717-4190 MW6AfO»fcTOW6JOOSM»fW6mOP iMfcliill |Oj M*n GUOO ***** 22/04 GNIA ***** 25/04 SHMUNEI 2101 22/04 SHINUNEI 2101 22/04 OStm ***** 24/04 GtSiMC ***** 24/04 WW ***** 24/04 WUAN 2114 26/04 mm 2113 27/04 GISWH ***** 27/04 ggMW 2194 01/05 SHINUMf
      604 words
    • 442 50 ING LEE SHIPPING CO PTE ITDI I T«h *****22 (It Uwil tax: S33M3S/S32A9M I a fc. |St2fMOMQC I vesscl vot smeta sin no destination Smor Central 05/01 ?S/04 25/04 Dumoi/Perawong Union Slot 8 03/01 78/04 79/04 lomh/K lungkol Union Stor 70 04/01 79/04 30/04 lamb Union Star 37 03/01 79/04
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  • Page 51 Advertisements
    • 559 51 I "vessel voy TIGER METRO 889N 24-24/04 30-03/05 08-08/05 I TIGER RHYTHM 891N 27-28/04 03-06/05 11-12/05 I TIGER BRIDGE 892N 01-01/05 07 10/05 15-1505 I TIGER SPEED 893N 0&06/05 10-13/05 18-19/05 I TIGER METRO 894N 08-08/05 14-17/05 22 23/06 I TIGER RHYTHM 895N 11-12/05 17-20/05 25-26/05 I IVESSE^^^VO^^si^^^CA^^Sl^^l TIGER CLIFF
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    • 1156 51 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Rood, 3rd Lev*!, Freight links Express Logistkentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesinOsingnet.com.sg NHAVA SHIVA MV. API MALAYSIA VOOSW CEBU MV. INTRA RHUM V 159 ETA SIN: 26/04/2001 HA SIN 9/05/2001 BOMBAY MV. XPRESS MANASUI VOOSW ISTANBUL/ MV. SHANGHAI SENATOR V0940W
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    • 697 51 g TO WOW CHMA N. MM SCRVICC VKSa VOY HKG XGG TAP SHA HJ KEELUNG 079E 05 MAY 09 MAY 13 MAY 15 MAY 17 MAY rtJ BREMEN I QS4E I IZIW 16MW 20 MAY 22 MAY 24 MAY TRADE HAUJE 002E I 19 MAY 23 MAY 27 MAY 29
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    • 9 51 KEEP ABREAST OF MARITIME LEGAL MATTERS IN EVERY FRIDAY
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  • Page 52 Miscellaneous
    • 122 52 LWESHER B^^/^/' 7^ 3ll^r*—-jo yg 11 LEGEND: Issued by Meteorological Service Singapore K Thunderstorm Temperature Wind direction and speed in knots Hain Weather Cloudy Day ><, Hazy Sea Conditions Wind speed symbols I 1 Slight <1 2m O Full circle w/o line indicates calm or light and variable winds -i—.One
      122 words


  • SPECIAL REPORT — INTER-AIRPORT ASIA 2001
    • 934 54  -  What's ahead for Singapore and the region? Plenty, as air traffic goes on the up and up. Bl Anthony T.H. Chin Prof Anthony Chin is an Associate Professor at the Department of Economics, National University of Singapore. He will be one of the speakers at a
      934 words
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    • 118 54 litoiPffr_ ".4 lllfiES^ vW WMS^gj^KILnWLMaiIKMHI^MM^^B Bk >I *,axv»^' «.ri«tSMg»yif^BßE^^^^B rVß^^^S jl TiS\ 11 *>:^"S^^SS^s Whether it's flying fibre optics to new markets or orchids to the Arctic, there's one company displaying the innovation that makes it happen. *With the largest fleet of the most advanced cargo freighters in the world
      118 words

  • PROPERTY 2001
    • Article, Illustration
      282 55  -  by Marissa Chew The property market might have seen better days. But with 90 per cent of Singaporeans owning their homes and the thousands of businessmen and investors who own offices, retail and industrial space, it's no wonder that property is a perennial conversation piece. For the homeowner,
      282 words
    • 972 56  - Demographics demand Certain changes in Singapore's population are likely to have an impact on the residential market Joyce khor and Leonard tay draw insights from the latest numbers in Census 2000 JOYCE KHOR,LEONARD TAY Joyce Khor is director and Leonard Toy is senior analyst at the consultancy and research department
      972 words
    • 590 56  -  Ample supply, uncertain economic outlook, weak stock market and poor HDB prices are are reining in recovery. marissa chew reports MARISSA CHEW The writer is a BT reporter PRIVATE home prices have been falling in the past three quarters and experts say it will
      Source: URA  -  590 words
    • 1908 58  -  Economic value added may be a superior measure of performance for most industries, but it fails property companies which typically require large capital and a longer investment norizon than EVA allows for. Joseph tl 001 and kim-hiang uow explain why JOSEPH TL OOI,KIM-HIANG LIOW
      1,908 words
    • 1189 60  -  As the Internet extends its reach and demand for bandwidth grows ever faster, the data centre becomes crucial as a warehouse for that 21 st century commodity information, says Andrew smith ANDREW SMITH The writer is associate director (corporate services) at CB Richard Ellis and regional coordinator
      1,189 words
    • 702 61  -  Whether an HDB resident can and will upgrade depends on prices of private and HDB property, mortgage rates, and income, ong seoweng looks at how the four factors have interacted over the years ONG SEOW ENG The writer is research director at the Centre for
      Source: NUS  -  702 words
    • 627 61 Interest rates are going down, making private home ownership more affordable LATEST statistics confirm that prices of properties in general have retreated, and in some cases probably to late 1999 levels. A healthy supply of housing units is still on stream, although developments
      627 words
    • 1342 62  -  A pioneer study on the financial performance of management corporations throws up some interesting findings. The authors Joseph tlooi and limdatay give a preview JOSEPH TL OOI, LINDA TAY Real Estate atoisffational VntiHrstty Of fTHE building stock in Singapore gets oldthe need for effective property management
      1,342 words
    • 638 64  -  High tech space is very much in vogue, as demand grows more specialised and users gravitate away from tradition, writes ong cnoom pah ONG CHOON FAH The writer isemcutive director. DTZDeb&ham Tie Leung SINGAPORE'S industrial space, undergoing rapid development along with the restructuring of the manufacturing sector,
      638 words
    • 481 64  -  By Ong Choon Fah DESPITE the high land and labour costs in Singapore, manufacturing will remain a key engine of growth. In the last two years, growth in manufacturing has been robust, averaging 14.4 per cent. A closer look shows that the net investment
      Source: MTI, DTZResearch  -  481 words
    • 1142 66/67 LEGEND mmmmmmm Existing launches/projects Expected launches/projects 0 Apartment/condo 4$ Apartment/condo O Different phases of Q Landed development 0 Landed development the same project Q MRT line/station MRT line under construction Expressway Source: Jones Lang LaSalle Research, March 2001 Artwork: FRANCIS TAN Major new launches from January
      Artwork: FRANCIS TAN  -  1,142 words
    • 1258 68  -  The western gateway of S'pore has not c|uite fulfilled its potential of being an industrial hub despite govt efforts. Issues such as a high minimum plot ratio and an inadequate public transportation system hamper its development. Nicholas wong offers some solutions NICHOLAS WONG The
      FILE PHOTO  -  1,258 words
    • 760 69  -  Riding on improved occupancy last year, S'pore hotels are eyeing 5-10% rise in revenue per available room this year despite an expected global economic slowdown, damien little gets an inside view DAMIEN LITTLE The writer is senior consultant, Horwath Asia Pacific AFTER suffering the lowest room occupancy
      Source: Horwath  -  760 words
    • 926 70  -  Managing agents are getting a boost to their image and professionalism as service standards are raised under new laws and accreditation efforts. Jordan neo reports on the progress so far JORDAN NEO The writer is managing director of Knight Frank Estate Management Pte Ltd and fellow of
      926 words
    • 1233 72  -  In a world where the New Economy and Old Economy converge, it is vital to adopt new business and valuation models that are more accurate, says trent smith TRENT SMITH Trent Smith is research manager at Colliers Jardine Singapore THE possibility of a worldwide recession
      FILE PHOTO  -  1,233 words
    • Article, Illustration
      534 74  - The days of heady gains are over, but London property is still on investors' radar, reports MBLBEHRMAMM NEIL BEHRMANN The writer is BT's UK correspondent LONDON'S heady residential property market is beginning to taper off because of expected job losses and contraction in the financial sector. But research of FPDSavills
      534 words
    • 1136 74  -  Chris bond finds out how London has reinvented itself CHRIS BOND Chris Bond is a consultant at DTZ Debenham Tie Leung, London THROUGHOUT the ages cities have reinvented themselves in response to political, cultural and demographic change. The "greed is good" culture of the 1960s was certainly
      1,136 words
    • 800 75  -  The government is widely expected to change rules in favour of foreign buyers of residential property. DIANA OON ABDULLAH reports DIANA OON ABDULLAH RESIDENTIAL property is expected to be the main growth area for Malaysian property in the coming year. It is as yet unclear
      800 words
    • 407 75 IT seems that the Australian property market has many reasons for investors to look towards Australian shores, among them the low Australian dollar, falling interest rates, low entry price and value for money. Surprisingly, another major influence is the Australian taxation system. According to Steve
      407 words
    • 731 76 The classic lines of the "dawn of design" are making a comeback, but don't throw out your Zen pieces just yet ART Deco, which complements the simplicity of Zen, is going to be the next big thing in interiors. Its streamlined shapes, geometric designs and machine-age materials
      RICHARD CHNG  -  731 words
    • 1072 77  -  The intricate and delicate designs that can be worked with glass mosaic lend a new elegance to both home furnishing and public works. By MARGARETTAY MARGARET TAY The writer is executive director and head of private sector projects, Nam Huat Tiling and Panelling Co Pte Ltd
      1,072 words
    • 1447 78  -  Elder-friendly homes designed for safety and convenience can become a reality if a joint initiative takes off. James d harrisom advocates benefits of a design centre with products and displays for senior citizens JAMES D HARRISON The writer is associate professor, Department of Architecture, National University
      FILE PHOTO  -  1,447 words
    • 992 79  -  The success of Suntec City as a cutting edge IT hub and bustling social nive is a result of right brain thinking, says cheng siow yiihc CHENG SIOW YING The writer is executive director, DTZ Debenham Tie Leung THE Singapore office market had a remarkable
      992 words
    • 1379 80  -  What are the tax implications of holding a property for investment? wimmie uew and OWYEOMC KHAI HON report WINNIE LIEW, OW YEONG KHAI NON Winnie Liew is tax partner and Ow Yeong Khai Hon is tax manager at Andersen YOU may have heard comments that
      FILE PHOTO  -  1,379 words
  • Page 55 Advertisements
    • 117 55 Demographic insights, pg 2 Does EVA work in real estate? pg 4 Tracking upgraders, pg 7 How well is your MC doing? pg 8 Launches, launches everywhere, pg 12/13 Of Marx, space and value, pg 18 London price trends, pg 20 Outlook for Malaysia, pg 21 Hot decorating trends, pg
      117 words

  • Page 56 Advertisements
    • 190 56 GOLDEN INVESTMENT innHHHHHL 'v^ayS SpS**"* oyp*' jyf V V £M Showflats Open DaMy 9:3oam 6:oopm Q)/I/ Entrance from Mel Hwan Drive to Goldenhill Park Condominium. Five towering blocks, housing p or enquiries: calf 382 0660/362 1661 390 exquisite apartments offering spectacular views. With finishes in the AnQ Mo Wo MRT
      190 words

  • Page 57 Advertisements
    • 109 57 jfHi I^^H cf >n'l fiH^^g Iff iSBIS p 'MTOi '-ISB^l^C•• i b I B ffi IfliU mHHHBEP""< I Rwii I i*™— Wlwfm. 1 1 mmU^K^/tMtfj Ira jM jSBJII -v-;' v sf«Bffi*l »Vi K m ipP •|f ft* I Ht I |B9 Hfe« l^Smm BSsil Ht, -<.iM.I m ivi ,'.""jr,f*:'M^^^^^flSMßMlßP!f^- t'-»•■<■""'*-4-
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  • Page 58 Advertisements
    • 177 58 I pjj^^^^MMBBBWIII^BBIBWWI^BWWBBWHi^WBBW^^^B Hn2fl n'vJK i^^^^HW^^^^^^BßHßßßßKiß j HM Bv ,—jt^jU r ll JH^JB _n fjf V -—A 2^m —flfflii'%lHH 'flHßi(KM^^^^H lKl'iH JRST, HP^m £1 11 H ,^^^Hk^^^^^BMfiiH3l^HHi^^^H jj^BSttKMEp, i^**>•■* <~ 'Ttfl 4/ r liililiiiii.iii.iii.il 118 mil mi I iiirriiTii-riir ir— Good central location, off River Valley Road. Just five minutes to
      177 words

  • Page 59 Advertisements
    • 321 59 W£~>: kTv;: s2=sii "i-j' i mx..- Yishun Avenue 2/Yishun Avenue 7 2 4 bedrooms and penthouse units 270 apartments 535 apartments above Sengkang Only 26% site coverage! Mrj |_rj an( j g us interchange Along Hillview Avenue, near the Singapore's first and only nature reserves and amenities integrated development! •2
      321 words

  • Page 60 Advertisements
    • 126 60 ■ppi j^:g^fe^^sB^ £mm iSSIHB? wIIm 9*m<Mtm *888 I lii fl rr 'p=r- I B fIWMMB I El R>— 11 r«m H^Hf fill i iSEt hB Wtt! j —1 iWI g fffifc 1 «m WW*-' 19 j|l —mm V H (BBBL Il6»»s«arj»-»««■ IPwew. /ZJ' i ?irs~ J? S«yc.-»SHSisP .--'AM'v«i ■BSB JK
      126 words

  • Page 61 Advertisements
    • 60 61 When it comes to real estate marketing, no one gives you more. Kvv!rTr?>y-^^rT7u?^ SI v/.. m 9B I -l tl l 1 *n w c J i fl- lj rm ERA Singapore Pte Ltd A wholly owueti subsidiary of Hersmy Corporation Ltd 3 Bishan Place #05-00 CPF Bishan Building Singapore
      60 words

  • Page 62 Advertisements
    • 101 62 COTTO Ronda Semi-recess Basin Bali Undercounter Helen Semi recessed Nelly W.C. Willie W.C. Proudly Presented By: Ifigv NAN WAH MARKETING PTE. LTD. \mj Head Office: 4 Changi South Lane, #07-01, Nan Wah Building, Singapore *****7. Tel: *****11 Fax: (65) *****16 Showrooms: Nan Wah Building: 4 Changi South Lane, #01 -02
      101 words
    • 295 62 •Up to 9Q% financing No reetrlctlon on file and subUttlng a No land rent payable No restriction on foreign ownership I EUN&S CframZAMaoft) I Techno L INK I AT EUNOS LINK IN MACPHERSON PAYA LEBAR AREA I SINGLE-STOREY STRATA TERRACE I gmmmmm For Ancillary Office I wmmm Light Industrial I
      295 words

  • Page 63 Advertisements
    • 45 63 ll= C!** im .v- '&*> J! 'J. j i "VI ililli v: <\ i |l B ?r I IP Ml: ;x V i ■'I'-li :i A I IL !31 m JUL W K gg» "1 h T '\W, mi J !IE r i n e Aesthetic Intelligence.
      45 words

  • Page 64 Advertisements
    • 135 64 JJHHbI n^B^ IB 1 PI it's a question OF KNOWING WHAT TO LOOK FOR. When it comes to the property market, so much depends With a network of 10,000 dedicated professionals in on how much you and your property consultant knows. 250 international offices, all connected in a heartbeat by
      135 words

  • Page 65 Advertisements
    • 318 65 fe* ■ri; %ss* V j'/./ *rV23£ •*s&■*'" r 4-•' 7^l TROPIC For Bookings Now. For Bookings No*||j Visit Our Showflat Today! (Open daily from 10am daily from 10am 6pm) I 587 384 I Always meeting your needs. Always giving you the best. NTUC Choice Homes is the distinctive and focused
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  • Page 70 Advertisements
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  • Page 71 Advertisements
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  • Page 72 Advertisements
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  • Page 73 Advertisements
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  • Page 74 Advertisements
    • 102 74 Redefining the Property Game. Transacting real estate is naturally our forte. It's how we go about it that really sets Chesterton apart as a team of professionals. We redefine the property game with our expertise, dynamism, imagination and innovation. Put your property needs in our safe hands, call Chesterton at
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  • Page 75 Advertisements
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  • Page 77 Advertisements
    • 126 77 Jacuzzi standards. Self-draining Jacuzzi pumps are system-engineered to support the exact number ofjets in each spa for powerful high-volume whirlpool action. program Pl^^| aii CORPORATE SHOWROOM: SIM SIANG CHOON BUILDING 2/ Chongi' South Ave Singapore 1 Post Centre Mong est t. 21 CHANGI SOUTH AVE 2 TEL: 266 6632. 10:30
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  • Page 78 Advertisements
    • 59 78 CARNOUSTIE WEST KOORALBYN AUSTRALIA 1 twb"~" v T"' 1 •«*•< "MM*— c f\ L -~'—-«g. r /inTe RE > FBEE INVESTMENifepPO®&M!i:Y aw I^^<S ON A WORLD CLASS GOLF COURSE Y^vTA ALL YOU NEED IS A 517,000 TO OWN A FREEHOLD, ITR, 875nr GOLF COURSE ALLOTMENT <o< k r a 11.
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  • Page 80 Advertisements
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