The Business Times, 12 May 2001

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Total Pages: 24
1 24 The Business Times
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  • Title Section
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    22 1 THE BUSINESS TIMES MITA (P) 107/03/200 S I N G A P O R E_ Internet: http://business-times.asial.com.sg/ SATURDAY, MAY 12, 2001 85C
    22 words
  • Article
    Lock icon MARKET SUMMARY
    79 1 □sn 1,***** (+14.45) fmVT-SRI U 667.97 (+9.48) St HDEX FUTUBES m&oo (+10.00) SUSCI FUTtJBES ***** (+1.20) STOCK MABKET INDICES Friday Chang® ELSE COMP ***** -2.71 NIKKEI 226 14,***** +28.13 HANG SENG 15,638.61 +3L81 SET INDEX ***** -630 JAKARTA COMP __370J6 +L33 MANILA COMP MBUI +40.98 TAIPEI WPI 6,232.72—.+110.66
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  • Article
    Lock icon FINANCE
    77 1 FOREX RATES us$ ss US$ (SSperUSS) 1.815 £(USS/S$ per 1.421 1679 EUBO(USS/S$/E) 0.880 1.696 DM 1223 L225 YEN 1217 67.60 RM 1.800 1094 HKS 7.800 4198 BAHT 46.47 25.06 RLTIAH 11,200 6,172 to 100 units PBXME RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 39.00 BANGKOK 9.50 MANILA 11.00 HONGKONG
    77 words
  • Article, Illustration
    Lock icon Fed to start raising interest rates by year-end?
    966 1  -  I ii exclusive Top US economist Gail Fosler thinks so, citing inflation fears By Anna Teo [SINGAPORE] With Inflation in the United States likely to rear its head in the coming months, the US Federal Reserve will begin to reverse policy towards
    966 words
  • Article
    Lock icon Q1 container throughput down a sharp 13%
    553 1  -  By 1 Beth Jinks [SINGAPORE] Container traffic through Singapore fell by a sharper-than-expected 13 per cent in the first three months of this year. While terminal operator PSA Corporation attributed the slide almost entirely to the worldwide economic slowdown, analysts say it was
    553 words
  • Article
    Lock icon DBS to issue $500m perpetual preference shares
    653 1  -  Move eases investor concerns, and follows USsBsom 10-year bond issue Byi Siow Li Sen, Serena Ng [SINGAPORE] DBS Bank plans to issue $500 million of perpetual preference shares following its successful sale of US$B5O million of 10-year subordinated bonds yesterday. Both issues are
    653 words
  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      71 1 DKBPE Writer's Journal Karim Raslan: Lessons of life for the young, hip and well-educated. Pg 7 Top Stories US producer prices up moderately in April. Next Page Govt stake in DBS Bank could fall to 20% from 37%: John Olds. Next Page SGX bottomline falls 39% in Q3. Pg 3
      71 words
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      Lock icon Page 1 Advertisements Column 2
      20 1 PSA doubles investment in Guangzhou port, Pg 9 ■—Jil H BjS jkpr Mjm jM.'A I I h «B I Page
      20 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      72 1 Excess tech correction to reverse; US wholesale inflation tame, Next Page '^j JF ~.v* x^X Breguet. La passion laisse des traces. Wristwatch "Complication" in 18-carat yellow gold Self-winding movement with power-reserve i ✓yy indicator, date calendar, phases and age of the moon Silvered gold dial, hand-engraved on a y rose
      72 words
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      Lock icon Page 1 Advertisements Column 4
      5 1 Pricing for success, Next Page
      5 words
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  • NEXT page
    • Article
      Lock icon US wholesale inflation tame in April
      493 2 Producer Price Index rises a modest 0.3%, close to expectations Bloomberg, AP, Reuters, AFX [WASHINGTON] US inflation at the wholesale level was tame in April, reassuring news for Federal Reserve pol-icy-makers who will consider cutting interest rates next week. The Labour Department said yesterday
      Bloomberg,; AP,; Reuters,; AFX  -  493 words
    • Article, Illustration
      Lock icon Government stake in DBS could fall from 37% to 20%: John Olds
      642 2 lb aba reveals that DBS mim eta* to a 'merger of equals' at toast 3 times [SINGAPORE] Hie Singapore government's stake in DBS Bank could fall to 20 per cent from the present 37 per cent, said John
      FILE PHOTO  -  642 words
    • ON THE grapevine
      • Article
        Lock icon Prize-winning, trophy-pawning
        117 2 HERE'S a bit of market wisdom that could serve as an antidote to those who think investing in stocks is all about competition. Says US investment adviser James Pappas in his Quarterly Letter: "It's very important to identify exactly what it is you hope to accomplish when investing
        117 words
      • Article
        Lock icon Management by elimination
        55 2 IT seems that buzzwords in business management are creeping into the once hush-hush world of private militaries. We heard on the BBC the other day that mercenaries are now calling themselves "private military companies". And the act of fighting a war and killing people on the ground
        55 words
    • Article
      Lock icon Good response to new US$850m DBS bond issue
      495 2  -  Pricing it higher than spreads of its other US$ issues and other bonds pays off By Serena Ng [SINGAPORE] DBS Bank priced its new US$B5O million (551.54 billion) bond issue higher than the spreads of its existing US$ issues and above those
      495 words
    • Article
      Lock icon Excess tech correction to reverse: Gail Fosler
      455 2  -  The Conference Board's chief economist says Web phenomenon will prevail By* Anna Teo [SINGAPORE] The "excess correction" taking place in the technology sector is likely to reverse as the economy itself reverses, from slowdown to rebound, says The Conference Board's chief economist "It's
      455 words
    • Article, Illustration
      Lock icon US$ seen falling back below 120 yen
      711 2  -  But it should stay firm against euro, regionals: ABN Amro By Larry Wee [SINGAPORE] The US dollar may be getting overvalued now and could slide back, especially versus the yen, according to ABN Amro Bank. But it should remain in favour against the
      RICHARD CHNG  -  711 words
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  • SINGAPORE companies
    • Article
      Lock icon SGX Q3 bottom line down 39%
      500 3  -  Lacklustre market conditions and poor investor sentiment cited By' Ven Sreenivasan POOR investor sentiment and lacklustre market conditions took a heavy toll on the bottomline of the Singapore Exchange (SGX) during its financial third quarter. Net earnings for the three months to March 31
      500 words
    • Article, Illustration
      Lock icon Hong Leong, CapitaLand dominate BCA awards
      448 3  -  Other winners S'pore Post Centre, Parliament Complex By. Liew Hanqing PROJECTS owned by property giants Capita Land and the Hong Leong group took top honours at yesterday's Building and Construction Authority Construction Excellence Awards and Best Buildable Design Awards ceremony. Hong Leong group's King's
      448 words
    • Article
      Lock icon Wing Tai takeover denied
      70 3 AFX-Asia [HONG KONG] Sun Hung Kai Properties said it rejects rumours that the company is about to take over Wing Tai Holdings. The statement came in response to market speculation in Singapore. "We do not have any plan to take over Wing Tai," a Sun Hung
      AFX-Asia  -  70 words
    • Article
      Lock icon Just where are you headed, Keppel?
      606 3  -  locksiew conrad raj Shareholders of the Keppel group probably have little clue as to the directions which the group or its strategic business units are taking. There have been all sorts of rumours and speculation about developments in the group but there are, as
      606 words
    • Article
      Lock icon OUB Sec takes over Grand Orient Sec for undisclosed sum
      396 3  -  Merged entity will acconnt for 6-7% of broking market By Janice Lee OVERSEAS Union Bank's securities arm has acquired Grand Orient Securities for an undisclosed sum, raising its share of the market to 6-7 per cent. The acquisition price win
      396 words
    • Article, Illustration
      Lock icon OUB sells Madeira units at below $500 psf
      297 3  -  By Kalpana Rashiwala uub uentre Ltd, pan 01 listed Overseas Union Bank group, started selling The Madeira —a 99-year leasehold condo near Bukit Gombak MRT Station—on Thursday at an average price of just below $500 psf. This is lower than the $520
      297 words
    • Article
      Lock icon SingTel dips on profit warning
      301 3 Investors cautious about its outlook, says an analyst Reuters SHARES of Singapore Telecommunications Ltd weakened yesterday as investors focused on SingTel's warning of lower earnings and shrugged off its double-digit profit growth in the 2000/2001 fiscal year. Its shares finished four cents down at 551.70
      Reuters  -  301 words
    • COMPANY Briefs
      • Article
        Lock icon Osprey heads for Tuesday delisting
        68 3 OSPREY Maritime Ltd said its shares would be delisted from the mainboard next Tuesday. The Singapore-based oil and gas transport company is being taken over by Norwegian shipping tycoon John Fredriksen's privately held World Shipholding, which controls about 96.66 per cent of the firm. As
        68 words
      • Article
        Lock icon MPH net profit rises to $17.66m
        53 3 Reuters MPH Ltd said for the year to March 31, net profit rose to $17.65 million from $16.19 million a year ago. Turnover was $670.03 million against $856.24 million previously. The firm declared a second interim dividend at the rate of 2.5 per cent
        Reuters  -  53 words
      • Article
        Lock icon Asean Supreme to split capital structure
        97 3 Reuters ASEAN Supreme Fund yesterday proposed to split its capital structure into redeemable and zero dividend preference stock to address its under-valued shares. It plans to issue up to 4 million zero dividend preference shares for the same amount of redeemable ones as part
        Reuters  -  97 words
  • Page 3 Advertisements
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      318 4 Stocks Volume Golden Agri USIOc 60,209,000 Asia Fbod&Prop 45,453,000 IPC020C 42,427,000 AddvalTech 2.5c 22,874,000 TPVUSlc 20,945,000 LafeTech US4c 15,575,000 WahShing R 2.5c 14,239,000 SingTel 15c 12,611,000 Lankom US2c 12,132,000 PacrficCenturylOc 11,247,000 Stocto Datacraft 10c 47,242,020 DBSGrp 39,548,668 VentureMfg25c 35,441,836 (JOB 29,654,430 SingTel 15c 21,722,070 Chart Semiconductor 26c 21,639,300 SPH 13,999,744
      318 words
    • Article, Illustration
      Lock icon Property, bank stocks firmer; but focus is still on small caps
      618 4  -  I-I I comment STOCKS r. sivanithy PENNY stocks enjoyed another action-packed outing yesterday, thanks mainly to Indofood's takeover offer for Golden Agri Resources, while property and bank shares benefited from an interest-rate play ahead of next week's US Federal
      618 words
    • Article, Illustration
      Lock icon AFP wrt: ouflook stays bleak
      154 4  -  WARRANT WATCH By R Sivanithy WHEN the local stock market was smack bang in the middle of a huge liquiditydriven bull run two years ago, one of the hottest stocks was Indonesian firm Asia Food and Properties. AFP shares and warrants back then traded well
      154 words
    • Article, Illustration
      Lock icon Golden Agri up, but market is wary
      238 4  -  HOT STOCK By' Ven Sreenivasan PALM oil plantation giant Golden Agri was the most actively traded stock on the local bourse yesterday, surging seven cents or 54 per cent to 20 cents on a volume of some 60 million units. The surge came
      238 words
    • Article, Illustration
      Lock icon Euro tumbles after surprise ECB rate cut
      538 4  -  I -J I comment CURRENCIES US$ closes near SSI.BI support; rnpi&h fails despite better day for Asian units larry wee THE euro was severely punished yesterday after the European Central Bank stunned currency players overnight with a surprise 25 basis point cut in
      Source: Reuters  -  538 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2847 4 UNIT TRUSTS FUNDS Manager's prices (Ss)May 12 <h«fdiin Aitti Mgt Asia Ltd Aberdeen Select Portfolio: Global MNC Fd 0.783 0.823 Global Technology Fdl** 0.712 0.748 UK Blue Chip Fd!** 0.801 0.842 American Opport Fd 0.869 0.913 Cont Euro Eqty Fdl** 1.108 1.164 Japan Eqty Fdl** 1.295 1.360 Asian Fixed Income
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  • FOCUS singtel
    • Article, Illustration
      Lock icon SingTel: Our results are excellent
      1441 5 On Thursday, Sing Tel chairman Koh Boon Hwee, chiefexecutive officer Lee Hsien Yang and chief operating officer Lim Toon fielded questions on the group's2ool financial year performance, its regional strategy, as well as the bid to buy Cable Wireless Optus in Australia. Here are excerpts
      ARTHUR LEE  -  1,441 words
  • Article
    Lock icon BT SHARE information service
    5069 5 Nat Mm m l-Jacobarg 29-Mar P 22.046 ***** 8.7 9.6 Ma TV LV TV LY Lum Chang 12-Mar t 1335 6.966 0.34 23 ssea—22 m—em—sous* §3* §51 ABR Hidgs 31-Mar P 6.565 L70S 3.4 0.73 MClland 21-Fab P 25.989 33.616 7 9.2 ACE Dynamics 27-Mar P
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  • SINGAPORE news
    • Article
      Lock icon BG Yeo explains why changes to SBA Act needed
      452 6  -  They're to ensure the govt can still get its viewpoints across to Singaporeans By\ Eugene Low RECENT changes to the Singapore Broadcasting Authority Act were necessary to ensure the government can still get its point of view across as the presence
      452 words
    • Article, Illustration
      Lock icon 2 postgrad schemes to train staff for electronics industry
      299 6  -  By\ David Boey TRADE and Industry Minister George Yeo yesterday announced two new initiatives to support the electronics industry's growing appetite for highly-trained staff. Dubbed the Postgraduate Manpower Programme (PMP) and the Research and Training Programme (RTP), the minister said these
      ARTHUR LEE  -  299 words
    • Article
      Lock icon Danger of another Asian crisis 'very real'
      469 6  -  Warning comes in new book by Prof Lim Chong Yah By Chuang Peck Ming MOST experts think another Asian crisis is unlikely, but not Professor Lim Chong Yah, the former head of the National Wages Council. The economics professor, who recently stepped down
      469 words
    • Article
      Lock icon Expect difficult year ahead: BG Yeo
      292 6  -  By Adeline Chuah A V-SHAPE recovery from the current economic slowdown is unrealistic, said Minister for Trade and Industry George Yeo. Singapore's recovery, he said, will be pegged to the US economy, which is currently suffering from a cyclical downturn. Speaking yesterday at the
      292 words
    • Article
      Lock icon Old economy problems have not gone away
      351 6  -  By] Rachel Ong LOCAL enterprises are aware of the demands of the New Economy, but the problems they face rising business costs and manpower issues are of the Old Economy-type. In addition, small and me-dium-sized enterprises (SMEs) are not benefiting fron government schemes,
      351 words
    • Article
      Lock icon Third group offers to act for RTC members
      686 6  -  It has engaged help of an international expert on dubs Byi Conrad Raj ANOTHER group of disgruntled Raffles Town Club members has emerged to rally support from the club's 19,000 members to take legal action against the club's owners for alleged breach
      686 words
    • Article
      Lock icon Turf City to fetch low rents: consultants
      511 6  -  By Vince Chong PROPERTY consultants expect rental rates for the shopping centre in the soon-to-be revamped Bukit Timah Turf Club to lean towards the low end, given the short lease. Knight Frank executive director Danny Yeo estimates shop rent to be about $3
      511 words
    • Article
      Lock icon Ad expenditure grows 4% in Q1
      371 6  -  m 1 U lun the economy advertising By] Eugene Low DAMPENED by the sluggish economy, advertising expenditure here grew just 4 per cent to $337.3 million in the first quarter, compared with a 23 per cent jump in the same period last year, according
      371 words
    • Article
      Lock icon Dialogue session on Draft Concept Plan
      300 6  -  By Andrea Tan FROM earthquakes to forests to underground reservoirs, Minister for National Development Mah Bow Tan spent over an hour yesterday fielding questions on the Draft Concept Plan 2001. Held at the Urban and Redevelopment Authority Centre's function hall, some 250 people turned
      300 words
    • Article
      Lock icon Lower growth
      53 6 Singapore advertising expenditure (Q1,2001) MEDIUM ADVERTISING SHARE YEAR-ON-YEAR EXPENDITURE CHANGE J (S$M) Newspaper 167.7 49.7 0.7 Television 106.9 31.7 -0.7 Magazine 15.9 4.7 20.5 Radio 19.5 5.8 25.8 Poster 13.0 3.9 26.2 Busback/Taxi top 9.0 2.7 40.6 Cinema 5.3 1.6 10.4 Total 337.3 100 4J0 Source ACNietsen AdEx
      53 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Castro calls globalisation a form of plunder, blasts US
      449 7 KUALA LUMPUR Visiting Cuban leader given warm welcome to Malaysia AP CUBAN President Fidel Castro yesterday called globalisation a form of plunder and held talks with Malaysian Prime Minister Mahathir Mohamad, another prickly critic of the United States. The Cuban leader
      AP; REUTERS  -  449 words
    • Article, Illustration
      Lock icon Lessons of life for the young, hip and well-educated
      1221 7  -  WRITER'S JOURNAL Following a few time-tested principles will serve them well karim raslan NEXT WEEK, I am supposed to have lunch with the daughter of an old friend to tell her about business life in Kuala Lumpur. She's a young, ambitious
      1,221 words
    • Article
      Lock icon Northwest to suspend Osaka-KL flights
      131 7 EAGAN, Minnesota AP NORTHWEST Airlines said Thursday that it will suspend three Asia/Pacific routes, including its Osaka-Kuala Lumpur service, at the end of September because they are not profitable. The round-trip service being dropped is between Seattle and Osaka, Japan; Osaka and Kaohsiung, Taiwan; and
      AP  -  131 words
    • Article
      Lock icon Maybank shares tumble on profit fall
      365 7 KUALA LUMPUR Stock in sth day of decline; at lowest level since April 20 Bloomberg MALAYAN Banking Bhd shares tumbled as much as 3.6 per cent after Malaysia's No 1 lender said profit almost halved in the three months to March 31 as it
      Bloomberg  -  365 words
    • Article, Illustration
      Lock icon Gus Dur rejects calls to give more powers to Megawati
      443 8 JAKARTA The decision has raised the stakes in the country's political crisis AP PRESIDENT Abdurrahman Wahid raised the stakes in Indonesia's political crisis yesterday when he dismissed calls by senior Cabinet ministers to surrender more powers to his popular deputy
      AP  -  443 words
    • NOTE Book
      • Article
        Lock icon Expenses hit Ayala's Q1 profit
        110 8 Bloomberg [MANILA] Ayala Land Inc, the Philippines' largest builder of homes, offices and shopping centres, said first-quarter profit dropped by almost a fifth because of higher expenses. It said profit in the three months to March 31 fell 19 per cent to 521 million pesos
        Bloomberg  -  110 words
      • Article
        Lock icon RHB Capital to close Bangkok office
        55 8 AFX-ASIA [KUALA LUMPUR] RHB Capital Bhd said its wholly-owned unit, Rashid Hussain Securities Sdn Bhd, will close its representative office in Bangkok on May 31 in line with the termination of the proposed acquisition of Thai Sakura Securities Co Ltd. The representative office was
        AFX-ASIA  -  55 words
      • Article
        Lock icon Costs dampen Jollibee's Q1 profit
        61 8 Bloomberg [MANILA] Jollibee Foods Corp, which sells one of every two fast-food meals in the Philippines, said profit grew just 4.2 per cent as increased expenses dampened the effect of strong sales. Net income in the three months ended March 31 rose to 217 million
        Bloomberg  -  61 words
    • Article
      Lock icon Arroyo polls optimism pushes stocks, peso higher
      338 8  -  From Al Labita in Manila TALK that Monday's congressional and local elections would favour Philippine President Gloria Arroyo brightened up financial markets yesterday, pushing up stocks and the peso. Foreign brokers unleashed a late-buying spree in the share market, driving the Phisix index
      338 words
    • Article, Illustration
      Lock icon Change in the air for India govt
      376 8 NEW DELHI Exit polls in 5 states show Opposition may upset ruling parties AFP KEY allies of ruling Hindu nationalists were struggling in India's violence-marred state elections, as combines of Sonia Gandhi's Congress seemed to have an upper hand, media and surveys said
      AFP  -  376 words
    • Article
      Lock icon India has big business opportunities: EIU
      587 9  -  ItH be 2nd fastest growing Asian economy this year after China w Rachel Ong [SINGAPORE] India is two decades behind China, and New Delhi is a place where there are more power cuts than there is power, according to the Economist Intelligence Unit (EIU).
      587 words
    • Article
      Lock icon PSA doubles investment in Guangzhou port
      264 9  -  By i Beth Jinks [SINGAPORE] PSA Corporation yesterday doubled its investment interests at the busy southern Chinese port of Guangzhou, taking a 49 per cent stake in three berths at the Xinsha Terminal. A memorandum of understanding was signed between Guangzhou Harbour Bureau (GHB)
      264 words
    • Article
      Lock icon HK dealer to sell Rolls-Royces, Bentleys in China
      114 9 BEIJING AFP BRITISH luxury carmakers Rolls-Royce and Bentley on Thursday signed a historic deal with a Hong Kong dealership to sell cars in mainland China. The deal was signed in a major Beijing hotel between Rolls-Royce and Bentley Motor Cars, a subsidiary
      AFP  -  114 words
    • Article
      Lock icon Unicom to raise US$10b for acquisition: report
      296 9 HONGKONG USs7.sb will come from its parent, which is also the vendor Bloomberg CHINA Unicom Ltd, the Hong Kong unit of China's No 2 mobile-phone company, plans to raise US$lO billion to buy 18 mobile networks from its parent, Dow Jones Newswires reported,
      Bloomberg  -  296 words
  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      1474 7 COSCO INVESTMENT (SINGAPORE) LIMITED (Incorporate) In the Rapubbc of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Capricorn Room, Level 1. Marina Mandarin Singapore. 6 Raffles Boulevard. Marina Square. Singapore *****4. on Monday. 28 May 2001,
      1,474 words
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  • Page 8 Advertisements
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      2261 8 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 JT HO WAH GENTING INTERNATIONAL LTD NOTICE OF ANNUAL GENERAL MEETING I NOTICE IS HEREBY GIVEN that the Twenty-Seventh Annual General I Meeting of HO WAH GENTING INTERNATIONAL LTD will be held at I 182 Gul Circle, Singapore *****0
      2,261 words
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  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      766 9 j HO BEE INVESTMENT LTD (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 2 Soon Wing Road #06-06 Soon Wing Industrial Building Singapore *****3 on 30 May 2001 at 11.00 a.m.
      766 words
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      Lock icon Page 9 Advertisements Column 2
      1115 9 |P> HO BEE INVESTMENT LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Thirteenth Annual General Meeting of the Company will be held at 2 Soon Wing Road #06-06, Soon Wing Industrial Building, Singapore *****3 on Wednesday, 30 May 2001 at
      1,115 words
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  • WORLD news
    • Article, Illustration
      Lock icon US Congress withholds UN arrears
      406 10 LAT-WP [WASHINGTON] The House voted on Thursday to withhold US$244 million in UN arrears next year, striking back at the world body for its decision to oust the United States from a seat on a UN human rights panel. The move came despite warnings from
      LAT-WP; AFP FILE PHOTO  -  406 words
    • Article
      Lock icon Senate gives the green light to Bush budget plan
      547 10 Approval for tax cuts, redaction in national debt and less govt spending LATWP [WASHINGTON] In a major milestone for President George W. Bush's quest to reshape federal fiscal policy, the Senate on Thursday gave final congressional approval to a federal budget
      LATWP  -  547 words
    • Article
      Lock icon Merck makes bid for Schering-Plough: report
      495 10 KENILWORTH, New Jersey It's said to have offered USs9lb for rival drngmaker Bloomberg MERCK Co, the No 2 US drugmaker, has offered US$9l billion in stock to buy rival Schering-Plough Corp, Business Week reported in its 'Inside Wall Street' column. The companies declined to
      Bloomberg  -  495 words
    • Article
      Lock icon A windfall for this granny?
      147 10 MEXICO CITY Bloomberg WARREN Buffett, investor extraordinaire, may be able to learn a thing or two from 84-year-old Celia Reyes. The Mexican great-grandmother might have turned a U556,400 investment into US$4B billion, making her the world's third-richest person. Ms Reyes, a homemaker who had 19
      Bloomberg  -  147 words
    • Article
      Lock icon AIG tops offer by Prudential to clinch deal for US insurer
      407 10 NEW YORK NYT Bloomberg AFTER more than a month of intense negotiations, American International Group has clinched a deal to acquire American General, one of the largest US insurers, for US$23 billion in stock, topping London-based Prudential pic's offer.
      NYT; Bloomberg  -  407 words
    • Article, Illustration
      Lock icon BOJ's Hayami agrees to stay in job
      241 10 TOKYO AFP MASARU Hayami, the governor of the Bank of Japan, yesterday accepted a request from Japanese Prime Minister Junichiro Koizumi to continue in the post, a bank official said. "The prime minister told me to take care of my health and to
      AFP  -  241 words
    • Article
      Lock icon US grand jury probing alleged IPO kickbacks
      357 11 NEW YORK Hedge fond managers have been giving testimony Bloomberg A FEDERAL grand jury is investigating whether Wall Street firms demanded excessive commissions from hedge funds in exchange for shares in initial public offerings, said Howard Sirota, a lawyer with knowledge of the
      Bloomberg  -  357 words
    • Article, Illustration
      Lock icon The world isn't ending, and I'm staying: Gerstner
      589 11 NEW YORK Bloomberg AP, IBM chief Louis V Gerstner offered his annual forecast of the US economy on Thursday: the fright in the technology industry is way overdone, and IBM is set to prosper from a real boom in e-commerce. "Despite the
      Bloomberg; AP,  -  589 words
    • Article
      Lock icon EU proposes new safeguards against mass layoffs
      537 11 BRUSSELS Proposal would require firms to inform workers in advance of job cuts Bloomberg THE European Commission has proposed giving workers added protection against layoffs, picking a fight with businesses that are firing employees to cut costs as the economy slows. The proposal,
      Bloomberg  -  537 words
    • Article, Illustration
      Lock icon New baby on the way for Rupert Murdoch, 70
      430 11 Wandi Drag's first child is fiftkhr aedia mi&nfr arrival fad ww BWWWIII Reuters [SYDNEY] Global media mogul Rupert Murdoch, 70, and his wife Wendi Deng, 33, are expecting their first child—an arrival likely to fliel speculation over which of his children
      Reuters; AP  -  430 words
    • Article
      Lock icon HQ shift to Chicago reflects new focus: Boeing
      386 11 SEATTLE LATWP BOEING Co announced on Thursday it will move its headquarters to more centrally located Chicago, choosing its new home over Denver and Dallas-Fort Worth. The aerospace giant, which has been based in Seattle since its founding 85 years ago, plans
      LATWP  -  386 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      1354 10 Notice of annual general meeting HOLDINGS LIMITED NOTICE IS HEREBY GIVEN that the Twenty-Second Annual General Meeting of ABR Holdings Limited will be held on Monday. 28 May 2001 at 10.00 a.m.at ABR Building #03-00,41 Tampines Street 92, Singapore *****1 for the following purposes I. To receive and adopt the
      1,354 words
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  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      1291 11 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I IN THE MATTER OF THE PARTNERSHIP ACT (CHAPTER 391) AND IN THE MATTER OF CHYE LIAN HUAT SAWMILL CO (RECEIVER MANAGER APPOINTED) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Partnership, which is being placed into
      1,291 words
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  • MOTORING
    • Article, Illustration
      Lock icon JUNGLE FEVER
      1788 12  -  Bitten by the SUV bug? Christopher tan recommends two new cures CHRISTOPHER TAN WHAT is it about multi-terrain vehicles that turns us on so? They're usually too big for their own good, less fuel-efficient than their bitumen-bred cousins, are seldom as safe and secure snaking around corners and,
      1,788 words
    • Article
      Lock icon Prices of Mercs slip by $10,000
      574 13  -  HiTexcTusive Price cuts come on the back of Mercedes' shrinking market share here. Christopher tax reports CHRISTOPHER TAN Mercedes-Benz car prices in Singapore have slid across the board, with average packaged rates of sedans down by nearly $10,000, and for sporty models, over $20,000.
      574 words
    • Article
      Lock icon Questions on June COE bid date
      406 13  -  Richard Chee Chye Huat Singapore I HAVE some questions to ask the relevant authorities with regard to Certificate of Entitlement bidding procedures. During the recent long weekend, I made three separate attempts to bid for a Category A COE but was unsuccessful each time.
      406 words
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      Lock icon Petrol prices: Shell clears up any misunderstanding
      371 13  -  Albert Tan General Manager External Affairs Shell Companies in Singapore WE refer to recent media articles on the Consumers Association of Singapore's call to oil companies to lower pump prices. We would like to state upfront that prices of petrol expump are determined
      371 words
    • Article
      Lock icon Bring back old system
      137 13  -  Narayana Narayana Singapore THE furore over high pump prices appears to have abated a little. The latest discovery and good news for motorists is that they can cut fuel costs by buying mid-octane petrol without suffering an appreciable difference in performance. The Consumers Association of Singapore
      137 words
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      Lock icon Lower taxes, scrap tank rule to curb pump prices
      255 13  -  Ismail Atan Singapore I REFER to the article "Case tells oil firms to cut prices now, or else" by Christopher Tan (Motoring, May 9). To promote more competition, the government should consider lowering taxes on petrol and/ or scrapping (or modifying)
      255 words
    • Article
      Lock icon If HK can lick taxi woes, why can't S'pore?
      245 13  -  Philip Lee Singapore GETTING a taxi is a real headache for me and my family. It is so bad that on a number of occasions I have had to drive my daughter who works for the Economic Development Board to the
      245 words
    • BUMPER to BUMPER
      • Article
        Lock icon LTA's 15-year bond issue a success
        86 13 THE Land Transport Authority said its $500 million 15-year bond issue has been successful. Its $10 million retail tranche saw a subscription rate of 4.3 times, while the placement tranche was taken up by institutions within two days. The issue was the longest tenor
        86 words
      • Article
        Lock icon Carmakers raise record sums
        106 13 CAR manufacturers raised record sums on the debt market in the first quarter, the Financial Times quoted investment bankers as saying. Public bond issues by Ford, General Motors and DaimlerChrysler totalled US$2O.4 billion in the first three months of the year. That compared with dollar-fundraising of
        106 words
      • Article
        Lock icon Alfa Romeo to be made in Thailand
        101 13 LrbiNfcKAL MU i UKb and Fiat Auto (Thailand) Ltd, a wholly-owned subsidiary of Fiat Auto SpA, announced yesterday an agreement to manufacture the Alfa Romeo 156 at GM's facility in Rayong, Thailand. Production is expected to start by the first quarter of next
        101 words
      • Article
        Lock icon BMW posts good Q1 profit
        106 13 BMW AG posted first-quarter profit that was more than four times that for the previous corresponding period as the bottom line improved with the disposal of its unprofitable Rover units. According to Bloomberg, BMW net income rose to 409 million euros (***** million), from 87
        106 words
      • Article
        Lock icon Bids for SDL car plates
        56 13 YOU can now bid for car plate numbers in the SDL series. Bidding will close on May 19 at 12.30 pm. Bids must be made on prescribed forms obtainable from the Land Transport Authority's Sin Ming Drive office. Minimum amount is $1,000. Successful bidders are
        56 words
      • Article
        Lock icon Actor Png is Volvo'ambassador'
        80 13  -  Compiled by Christopher Tan VOLVO dealer S M Motors has appointed local actor Pierre Png as its first brand ambassador in Singapore. In a one-year arrangement, the TV artiste will be Volvo's spokesman here while driving the new V7O Cross Country four-wheel-drive. Meanwhile, S M Motors
        80 words
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      82 13 If you have something SlOO worth of motor-related to get off vouchers. Prizes are your chest, write to us. \A sponsored by We welcome feedback STAMFORD TYRES and suggestions from I I V Singapore's only readers. listed tyre and auto The AUTOMOBILE services group. ASSOCIATION OF You can fax us
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      93 13 ■if I i—BM I' IlnrauHiwHre 1 sml SB' W£: I I If I: m I I i)!< PbOOO SAFETY IS fVfRYTHifyG Selected and homologated by the world's leading car manulacturers to guarantee the best in road holding and durability. PBOOO lv enhances 11 J[ like no one else braking power,
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  • e-NEWS
    • E Briefs
      • Article
        Lock icon Ericsson revises bonus system
        94 14 AFP [STOCKHOLM] Sweden's battered telecoms giant Ericsson said yesterday it was revising its incentive system for its 3,000 top managers, making their bonuses dependent solely on cashflow targets. Ericsson spokesman Mats Madsen said the move was part of the company's efficiency programme aimed at cutting annual
        AFP  -  94 words
      • Article
        Lock icon Nortel drops product line
        59 14 Bloomberg [BRAMPTON, Ontario] Nortel Networks Corp, the No 1 maker of fibre-optic equipment, will terminate a line of products used to deliver high-speed Internet connections over phone lines to concentrate on its larger businesses. Jobs associated with the equipment were included among 20,000 positions the company
        Bloomberg  -  59 words
      • Article
        Lock icon KDDI denies sale off mobile phone unit
        81 14 AFX-Asia [TOKYO] KDDI Corp said a report that it had decided to sell its Tu-ka mobile phone unit is not true. Chairman Jiro Ushio was quoted by the Japan Industrial Journal as saying he had received applications for a possible takeover of Tu-ka
        AFX-Asia  -  81 words
    • Article
      Lock icon Microsoft invests in NZ's Telecom
      637 14 WELLINGTON It subscribes for NZs3oom in 7-year notes; Telecom also in 36 tie-np with Hutchison Whampoa Reuters TELECOM Corp of New Zealand announced yesterday a capital injection of NZs3oom (*****.7 million) from Microsoft Corp as part of a strategic re-shape of its mobile and Internet
      Reuters  -  637 words
    • Article, Illustration
      Lock icon Tough times ahead for PC industry
      327 14 TOKYO Dell chief predicts farther shakeont, decline in producers DELL Computer Corp Chairman Michael Dell said yesterday he expected a further shake-out in the personal computer industry, now in the midst of fierce price competition, with some producers likely to be driven out. "I
      AP  -  327 words
    • Article
      Lock icon Microsoft to rent software to customers
      292 14 REDMOND, Washington Bloomberg MICROSOFT Corp said it will let large business customers rent computer programs for three years, a plan that may protect the largest software maker's sales during slowdowns in the personal computer market. Microsoft customers now buy software licences outright and can
      Bloomberg  -  292 words
    • Article
      Lock icon Terra Lycos in US acquisition talks
      362 14 MADRID Reuters SPANISH Internet group Terra Lycos is in acquisition talks with US service provider Earth Link and content portal Cnet Networks, sources close to the negotiations said on Thursday. Terra Lycos which said this week it was in talks for US acquisitions would
      Reuters  -  362 words
    • Article
      Lock icon British Telecom may sell wireless unit: analysts
      403 14 LONDON Bloomberg BRITISH Telecommunications pic may be preparing its mobile phone unit for a sale, analysts say. The former UK monopoly said on Thursday that it would give the unit to shareholders, freeing it to "take part in the v consolidation in the
      Bloomberg  -  403 words
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      861 14 WOTAHVI ROTARY ENGINEERING LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 21st Annual General Meeting of ROTARY ENGINEERING LIMITED ("the Company") will be held at 17 Tuas Avenue 20, Singapore *****8 on Tuesday, 29 May 2001 at 10.00 am for
      861 words
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  • FINANCE & commodities
    • Article
      Lock icon STI May contract edges up
      280 15  -  SOX Derivatives Trading Report ST Index/MSCI STpore Index Wong Ann Chuen Refco Singapore Pte Ltd SINGAPORE stocks made modest gains yesterday. The Straits Times Index ended up 14.45, or 0.86 per cent, at 1,703.35, with 27 counters showing gains, 16 losses and 9 staying unchanged.
      280 words
    • Article
      Lock icon Futures rise as govt move lilts stocks
      231 15  -  MSCI Taiwan Index Wong Ann Chuen Refco Singapore Pte Ltd TAIWAN stocks rose yesterday after the government said it would relax rules on foreign investments. The MSCI Taiwan Stock Index surged 5.04 points, or 2.15 per cent, to end at 239.51 points. Turnover
      231 words
    • Article
      Lock icon CURRENCY REPORT
      233 15 Reuters London THE euro fell half a per cent to hit three-week lows against the dollar for the second day yesterday, as forex dealers questioned the motives behind this week's rate cut by the European Central Bank. The ECB's shock decision to trim rates by a quarter point
      Reuters  -  233 words
    • Article, Illustration
      Lock icon Untitled
      1218 15 MTBKBAMKCEOSSKATBS Mayjn AS CS —> Ew Fllr P« IK> mnmuk Tan Won H MZSNfcls Ptso S$ Band Sfr MT$ Balrt Poond US$ Australia 0.809 4348 0.596 3.908 U85 4.087 ***** 58.682 0.643 6*17 L991 1233 32.105 ***** 0.951 4.153 0.915 17.233 ***** 0.369 0.524 Canada 1237 5277 0.737 4*30 1440
      1,218 words
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      Lock icon Untitled
      1884 15 SICOM PQWBB May 11 RW8ER (futures dosing as «t5J0pm) RSS1 CONTRACTS cents/kg) Close Votane Open Month Hl» Loo Sitt (toots) Irtertst Jun 01 109.25 Jul 01 109.75 250 Aug 01 110.00 250 Sep 01 m.50 250 RSS 3 CONTRACT (US centi/kg) VofcMN Open Month Hj»h Low Sett 9mms) teHctst Jun
      1,884 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon HK financial, property stocks up on hopes of US rate cut
      2816 16 BONO KONG AFP +3LBI HONG Kong shares rose 0.2 per cent yesterday led by financial and properties, on expectations of US interest rate cuts next week after the European Central Bank slashed rates by 25 basis points, dealers said.
      AFP  -  2,816 words
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      Lock icon CHINA
      1096 16 Reuters Shenzhen B Index *112 CHINA'S hard currency B shares closed higher yesterday in slow trade, as retail investors continued to scoop up shares in firms with poor earnings records, hoping to ride the wave of a fresh advance. The Shenzhen B Share Index edged up 0.8 per cent,
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,096 words
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      Lock icon TAIPEI
      386 16 AFP HWP Index +***** TAIWAN share prices closed 2.2 per cent higher yesterday on strong buying of financial stocks in anticipation of an interest rate cut by the central bank next week, dealers said. The Weighted Price Index rose 110.55 points to 5,232.72, on a turnover of NT567.76 billion.
      AFP  -  386 words
    • Article
      Lock icon Nikkei marginally up as stocks end mixed
      2047 16 TOKYO Reuters Qffikka22s +28J3 TOKYO stocks ended little changed yesterday as optimism over a surprise rate cut by the European Central Bank (ECB) was muted by concerns over Japan's corporate earnings and government policy steps. "The honeymoon between (Prime Minister Junichiro) Koizumi's government
      Reuters  -  2,047 words
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  • STOCKS klse
    • Article, Illustration
      Lock icon KL shares dragged down by Maybank profit fall
      437 17 AFP, AFX-Asia U Composite Index -171 MALAYSIAN shares closed 0.5 per cent lower yesterday in thin trade led by losses in top bank Malayan Banking after weak earnings report, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 2.71 points to
      AFP,; AFX-Asia  -  437 words
    • Article
      Lock icon Untitled
      8747 17 INDUSTRIALS 2001 Last '"*"*•1 Day Net Cap High Low Company Salt 'OOP Hm> Law P/E $wM 340 290 A|inomoto 292 85 45 24.5 «m)tau 29.5 -2.5 2 31.5 29.5 43.5 342 282 Apollo Food Hlq 304 6.6 1216 356 266 Asia File 280 n.2 186.4 3875 3225 BAT 50c 3475
      8,747 words
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  • SGX clob & regional stocks
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      Lock icon Untitled
      2688 18 BONDS WARRANTS May 11 m M> nw b*v 52-VMt M M D>t MMi tq M Cm Cmt Mac MMb m> I— h> ««r- nw U» S*r Ww <■■«»)—» fttw c%> gggg 37 0.5 s Acma W*****4 0.5 0.5 1 41.0 1 300 651 80.00 k 2 22 2.5 AIITech W*****7
      2,688 words
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      Lock icon BANGKOK
      734 18 AFP SET Into -&20 THAI share prices declined 1.6 per cent yesterday due to profit-taking in the afternoon session. The Stock Exchange of Thailand (SET) Composite Index fell 5.20 points to close at 310.93 points, and the blue chip SET 50 index was down 0.41 points at 20.90. Decliners
      AFP  -  734 words
    • Article
      Lock icon MANILA
      283 18 AFP Composite Index *4(196 PHILIPPINE stock prices rose 2.8 per cent yesterday. The Composite Index gained 40.98 points to close at 1,484.83. Volume rose to 816.99 million shares worth 1.13 billon pesos from 397.43 million shares worth 642.98 million pesos on Thursday. —AFP m»n Pts« cmo> Abacus Construction 0.70
      AFP  -  283 words
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      Lock icon JAKARTA
      747 18 AFP Composite Index +L 33 INDONESIAN share prices closed 0.4 per cent higher yesterday on a rebound in blue chip stocks, dealers said. The Jakarta Stock Exchange Composite Index closed up 1.33 points at 370.36 on a volume of 687 million shares worth 281.4 billion rupiah. Advancing stocks led
      AFP  -  747 words
    • Article
      Lock icon WELLINGTON
      263 18 AFP QNZSE-40 +2&29 NEW Zealand stocks rose 1.3 per cent yesterday in trade dominated by British liquor giant Allied Domecq which was attempting to buy a strategic stake in wine maker Montana. The NZSE-40 index rose 26.29 points to 2,090.92 on turnover worth NZ5150.5 million.—AFP m>n cooo) Advantage HDS
      AFP  -  263 words
    • Article
      Lock icon SYDNEY
      552 18 AFP Fl All Ordinaries +L2O AUSTRALIAN stocks closed marginally higher yesterday. The All Ordinaries Index ended 1.2 points higher at 3,326.3. The SP/ASX 200 Index closed 2.5 points higher at a record 3,389.0. The All Industrials Index lost 3.3 points to 5,683.1 and the All Resources added 9.3 points
      AFP  -  552 words
    • Article
      Lock icon SEOUL
      309 18 Reuters FlCumpoate Intel +H8 SEOUL'S Composite Index closed up 1.68 points yesterday at 583.06. Volume slipped to 545.4 million shares worth 1.6 trillion won. Reuters T Anam Semi 4610 -20 Brain Tech 585 -J5 Central Bank 170 unch Cheil Comm *****0 8000 Da* Cu Bank 1435 10 Daesanq Corp
      Reuters  -  309 words
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  • Article
    Lock icon STOCKS sgx
    7994 19 SGSMAINBOARD «r fir MM 52-Wk M Vri My M QwM Mi Mr IN M Cap tog Mali law Comply Sale (*088) MWi I—r hn« Sdhr Cw HI til Wn MULTI-INDUSTRY 143 35 cAcma50c 40 cd -0.5 151 40 39.5 40 40.5 0.5 19.9 04 10.5 69.4 40 41
    7,994 words
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  • New Asia Biz Woman
    • Article, Illustration
      Lock icon Breaking the sound barrier
      1339 20  -  Technology has enabled composer Joyce Koh to push the envelope in musical progress, as she employs the digital to craft her art PARVAim nayar talks to the innovative musician PARVATHI NAYAR SIT down to chat with Joyce Koh, and you kind of know why she's Singapore's
      CHRIS LOH  -  1,339 words
  • MUSIC
    • Article
      Lock icon East meets West in Chinese strings
      417 20  -  The Singapore Chinese Orchestra presents a selection ranging from traditional to pop Ky John Gee THE Singapore Chinese Orchestra (SCO) concludes its current subscription series with Strings of Sounds. As its title suggests, this concert is devoted to works for bowed and plucked string
      417 words
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  • Artbeat
    • Article
      Lock icon Choral convention
      194 21 A bite-sized roundup of the weekly arts scene NEWS CHORAL singers, take note! The Young Musicians' Society is organising the first international choral music symposium held in Singapore and the first Regional Symposium in the Asia South Pacific Region. The Asia South Pacific Symposium on Choral Music 2001
      194 words
    • Article
      Lock icon Bird's eye view
      168 21 PREVIEWS IF your children have read about a certain seagull, then get them to see the story brought to life on stage with a tinge of dance and a dash of music. Adapted from an old classic tale, this interactive theatre production is bound to enrapture the
      168 words
    • Article
      Lock icon Chinese art
      169 21 CHECK out the Singapore Art Museum's newest acquisitions of contemporary Chinese art. Starting the last week of May, the Singapore Art Museum will showcase over 30 pieces of artwork from the 1990s to the present. These were recently collected in line with the Museum's continued commitment to collect
      169 words
    • Article
      Lock icon Cultural revolution
      193 21 LASALLE-SIA's School of Drama brings to a close its The Next Stage 2001 series of theatre productions directed by well-known professional directors with the fifth play Woyzeck. Considered to be the first truly modern play written in 1836 by German playwright Georg Buchner, Woyzeck is a classic tale
      193 words
    • Article, Illustration
      Lock icon New dimension
      147 21  -  Compiled by Cheah Ui-Hoonand Aaron Lye THE former Dance Dimension Project, which changed its name to EcNad Project Limited last month, is presenting its first performance as the newly-named company. Out-of-Site at the National Library Courtyard is new choreography by four new talents from EcNad's intensive training programme.
      147 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      1828 21 r«Ul.>»HffT7Ss^—^^fi M t ri i 11*0 Roilerjam. Kingdom. Fame 'Charles BronaM 12.00 NN VIP. o*o Singapore Today. son'. Kids Central: Syl- LOO PM Roswell Harding 7*o New Parents. 3*o Asia Today. 111 vester Tweety Mys- finds the video camera 7*o Health Care n. 3JO Knowing Asia iJj I I oo«
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    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 2
      317 21 CRYPTIC CROSSWORD ii 22 ACROSS 2 Charge one with origin of 1 Awkward, inclined to follow in- mouldy fruit (7) structions at last (7) 3 Body that's honest, we hear, 5 Complex procedures involved in over money (5) "Scarlet Ribbon" (3,4) 4 Decide to put off excavation (9) 9 Cartoon
      317 words
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  • ART
    • Article, Illustration
      Lock icon Romancing the stone
      1139 22  -  Master potter Iskandar Jalil finds beauty in rough clay and melting glaze, as parvathx nayar learns PARVATHI NAYAR MUCH anticipated like the periodic arrival of Halley's Comet—but luckily with a shorter time interval—is the event that local pottery-lovers enjoy: the once-every-flve-years exhibition by Cultural Medallion winner and
      PHOTOS by ARTHUR LEE  -  1,139 words
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      Lock icon A history of Vietnam
      988 22 Works on show at Romance off Vietnam unveil a rich tapestry off evolving techniques, social issues, and cross-cultural influences, writes CLAUDIA CELLINI A FEW years back, I was discussing the artwork of renowned Vietnamese artist Nguyen Trung with an older gentleman, a significant collector of Vietnamese
      EMPTY HANDS (detail) by NGUYEN TRUNG; THE SCRUB by NGUYEN PHAN CHANH  -  988 words
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  • THE ARTS
    • Article, Illustration
      Lock icon On an experimental stage
      891 23  -  COUNTDOWN TO ARTS FEST At the theatre, the Singapore Arts Festival will showcase new local talent as well as reworkings of classical themes, a a wow lte reports AARON LYE THERE'S a reason the Singapore Arts Festival has garnered quite the reputation for being a place
      891 words
    • Article
      Lock icon Intriguing foreign affairs
      203 23 ON the international front, things are no less active. The Woman In A Tree On The Hill will have its world premiere at the Arts Festival this year. A collaboration between Singapore's Wild Rice and Korean "drumming collective" Gong Myong, The Woman In A Tree On The
      203 words
    • Article, Illustration
      Lock icon Temporary insanity
      670 23 Superb ensemble acting got AARON LYE dazed and confused in a good way, in luna-id's Private Eyes DESPITE everything that can be said about high-tech special effects, snazzy lighting or uplifting crescendoes of music, sometimes all a performance needs to carry itself well is a good story. Fortunately
      670 words
    • Article
      Lock icon The world as your canvas
      402 23  -  The 2001 Nokia Arts Awards has as its theme the ever-changing world we live in and the way it evolves By. Aaron Lye "EYE on the World" when you hear a slogan like this coming from a large multinational corporation, the immediate image you'd get
      402 words
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  • Untitled
    • Article, Illustration
      Lock icon All jazzed up
      2041 24  -  COVER STORY Singapore's first major international jazz festival was a long time coming, but now that it's here, get set for a dizzying array of big band, contemporary and acoustic sounds. By CHEAH UI-HOON CHEAH UI-HOON DESPITE the high profile of jazz music and its seeming popularity
      2,041 words