The Business Times, 20 October 2001

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Total Pages: 16
1 16 The Business Times
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  • Title Section
    Lock icon Masthead
    17 1 THE BUSINESS TIMES weekend OCTOBER 20*2lrMOX- 85c MITAtP) 107.03/2001 Internet http avww business-times asia com sg I
    17 words
  • Article, Illustration
    Lock icon Bank loans to developers back to '97 high
    774 1  -  EXCLUSIVE Weak property prices could put pressure on cash flow needed to service loans By Siow Li Sen [SINGAPORE] Bank loans to developers have ballooned back to the peak 1997 level of $26.2 billion. But with property prices continuing to head south,
    Source: MAS  -  774 words
  • Article, Illustration
    Lock icon A silver lining to the Afghan mar?
    1718 1  -  SATURDAY SOAPBOX vikram khanna WAR is a bad time to be optimistic, but the fast-unfolding events in Afghanistan and the incipient transformation of the mindset of Pakistan's leadership could in fact create a historic opportunity for lasting peace both in Afghanistan and on
    1,718 words
  • Article, Illustration
    Lock icon SIA won't join tycoons restarting Ansett
    637 1  -  SIA only offering expertise to Ansett administrators By Donald Urquhart [SINGAPORE] Singapore Airlines isn't about to get hitched with two Melbourne millionaires in their bold A 52.5 billion (552.3 billion) plan to revive the failed Ansett airline. Despite earlier speculation that it may join
    AFP  -  637 words
  • Article
    Lock icon Goldman Sachs, DBS spared SIC reprimand
    455 1  -  By Serena Ng [SINGAPORE] The Securities Industry Council will not be taking any action against DBS Bank and Goldman Sachs for comments made during the bid for Overseas Union Bank which led to DBS issuing a public apology. However, it said it was inappropriate
    455 words
  • Article
    Lock icon PAP opts for a sombre slogan: A People United
    633 1  -  But dealing with the economic crisis remains a key thrust By Anna Teo [SINGAPORE] There's little of the rah-rah slogans of the past. Instead, reflecting the mood of the day, the People's Action Party is going into the Nov 3 general
    633 words
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  • next page
    • Article, Illustration
      Lock icon Market eases on reports of US troops in Afghanistan
      478 2  -  MARKET REVIEW ven sreenivasan THE Singapore stock market fell through the key support of 1,400 points yesterday, sliding for a second straight session as investors squared positions amid reports the US has sent troops into Afghanistan. The market went noticeably soft
      478 words
    • Article
      Lock icon MARKETS
      76 2 sn 1,388.77 (-17.97) BT-SRI mm ***** (-7.84) ST INDEX FUTURES 1,396.00 (-21.00) SMASCI FUTURES 170.40 (-3.30) Friday Change KLSE COMP 615.02 -5.75 NIKKEI 225 10,538.79 +63.94 HANG SENG 9,825.84 -54.77 SET INDEX 284.72 -1.43 JAKARTA COMP 387.85 +2.69 MANILA COMP 1.019.44 -8.96 TAIPEI WPI 3,846.62 +34.42 SEOUL COMP 528.04
      76 words
    • Article
      Lock icon FINANCE
      75 2 FOREX RATES US* SS US$ (SS per I"SS) 1.818 £(l"SS/SS per 1.439 2.616 ETRO(l SS/SS/E) 0.900 1636 DM 1172 1.195 YEN 121.1 66.70 RM 3.800 1091 HKS 7.800 4.291 BAHT 44.77 24.63 Rl'PlAH 10.075 5.543 PRIME RATES SINGAPORE* 515 KIALALIMPTR 640 HON(i KONG 5.50 JAKARTA 39 00 TAIPEI 692
      75 words
    • Article, Illustration
      Lock icon KL cuts income tax to help fuel consumer spending
      681 2  -  Mahathir urges Malaysians to spend as a counter measure against recession From Diana Oon Abdullah in Kuala Lumpur MALAYSIAN Prime Minister Mahathir Mohamad wants the country to spend its way out of the recession. Also the country's finance minister, he yesterday
      681 words
    • Article
      Lock icon KLSE to introduce circuit breaker for market: Dr M
      337 2  -  From Eddie Toh in Kuala Lumpur THE Malaysian government has agreed to introduce a circuit breaker at the Kuala Lumpur Stock Exchange (KLSE) to help ensure a fair and orderly market, said Prime Minister Mahathir Mohamad yesterday. The premier, who is
      337 words
    • Article
      Lock icon HK developers' group chief calls for land sales halt
      146 2 Dow Jones (HONG KONG] Stanley Ho, the chairman of the Real Estate Developers' Association of Hong Kong, has urged the government to follow Singapore's example and stop land auctions for a year, the Hong Kong Economic Times reported. Speaking to reporters
      Dow Jones  -  146 words
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  • in the news
    • Article
      Lock icon Strong response to SingMall Property Trust
      692 3  -  The issue managers are said to have scaled back allocations to institutional investors By Kalpana Rashiwala PRE MARKETING for SingMall Property Trust, the maiden Singapore Property Trust (SPT), to institutions here this week has drawn such a positive response that the issue managers are
      692 words
    • Article, Illustration
      Lock icon Ascott buys Australia's Oakford chain for A$7.3m
      312 3  -  By Andrea Tan THE Ascott Group has acquired Australia's Oakford service-residence chain from Penlip Pty Ltd for A 57.33 million (556.7 million). Ascott, the listed service-residence arm of Capita Land, will manage and own the operating leases of nine properties or 466 units
      312 words
    • Article
      Lock icon Devekrpers in for a shake-out?
      681 3  -  HOCK LOCK SIEW Government's suspension of land sales is expected to affect industry players diffeienlly quak hiang whai IS the suspension of the Singapore government's land sales good news for all developers? Not necessarily. Some years ago, property tycoon Ng Teng Fong was asked by
      681 words
    • Article, Illustration
      Lock icon Euro pressed to Sept 11 lows after IPO report
      561 4  -  CURRENCIES Germany's IFO index at near 8-year old; gold, Swiss franc also forced lower vs US$, Asians weaker on HK$ rumours larry wee THE euro was forced below the psychologically important 90 US-cent support yesterday afternoon to retest Sept 11 lows
      Source: Reuters  -  561 words
    • Article
      Lock icon StarHub offers free talktime for weekend 018 calls to 5 destinations
      276 4  -  By Teh Hooi Ling STARHUB has introduced new weekend pricing for its budget overseas call service ICall 018, which will give customers up to 50 minutes' free time after the first paid 10 minutes. This offer, which starts this
      276 words
    • Article, Illustration
      Lock icon PAP candidates ready for battle in Opposition wards
      714 4  -  One is gunning for Low Thia Khiang's Hougang white the other wants Chiam See long's Potong Pasir By Anna Teo FOR two people whose "chief-of-staff" has just openly declared that he will pretty much leave them to fight their own battles to
      ALBERT SM/ST  -  714 words
    • Article
      Lock icon Rents for prime residential units slip 22% over past year
      307 4  -  Premium Raffles Place office rents down 6.9% in Q3 By Kalpana Rashiwala PREMIUM residential rents in central locations on the island have slipped 22 per cent over the past year to $3.05 per square foot a month on average, Colliers
      307 words
    • Article
      Lock icon Prudential ready to punish any breaches
      201 4  -  MAIL BAG Philip Seah Chief Distribution Officer Prudential Assurance Company Singapore I REFER to the letter "When trust falls prey to touts" by Aileen Lau (Mailbag, Oct 10). Prudential has a bancassurance partnership with Citibank to offer our insurance products through the latter's personal
      201 words
    • Article
      Lock icon Not taking risk is biggest risk
      157 4  -  Leong Sze Hian Singapore I REFER to your article "Cuts in deposit, savings rates unlikely to spark exodus" by Siow Li Sen (BT, Oct 12). Looking at historical financial data for the last 30 years or so, the worst return for all 10-year time
      157 words
    • Article
      Lock icon Some bright spots in manufacturing
      371 4  -  outlook By Serena Ng SINGAPORE'S sluggish manufacturing sector will see some pockets of support, such as the transport equipment industry. But this will not be enough to offset the slide in electronics output, says a report from the Monetary Authority of Singapore. In its latest
      371 words
    • IN BRIEF
      • Article
        Lock icon One.99shop products at 7-Eleven stores
        63 4 THE Dairy Farm group's 7-Eleven chain said yesterday it will offer One.99shop products at 50 of its stores, with an additional 50 more stores to be included by the aid of the month. The stores will offer One.99shop products at $2 each, with the additional
        63 words
      • Article
        Lock icon Oakwell strikes conditional deal with G&W
        70 4 OAK WELL Engineering yesterday said Koh Brothers' subsidiary, GAW Group (Holdings), has entered into a conditional agreement with it, under which GAW will get a group of investors to invest $9 million in Oakwell to restructure its debts as well as to acquire a
        70 words
    • NOTE BOOK
      • Article
        Lock icon China scraps laws pending WTO entry
        69 5 AP [BEIJING] China has abolished rules and regulations affecting a broad swath of its economy in an effort to align legislation with its commitments for entry into the World Trade Organization (WTO). Abolished regulations include those governing employment, Chinese bank loans, foreign housing ownership,
        AP  -  69 words
      • Article
        Lock icon 700 new jobs in HK buildings dept
        86 5 AFX-Asia [HONG KONG] The Buildings Department said yesterday that it will create around 700 new jobs through consultancy contracts in its campaign to clear unauthorised building works on external walls of around 3,000 private buildings. In a statement, director of buildings Leung Chin-man
        AFX-Asia  -  86 words
      • Article
        Lock icon Taiwan think tank cuts GDP forecast
        99 5 Reuters [TAIPEI] A prominent Taiwan think tank yesterday sharply cut its forecasts for the island's economy as the suicide attacks on the United States worsened the American economy and took a toll on Taiwan's export-reliant economy. Chung-Hua Institution for Economic Research forecast Taiwan's third-quarter
        Reuters  -  99 words
      • Article
        Lock icon Estrada corruption trial hearings cancelled
        66 5 AFP [MANILA] A Philippine anti-graft court yesterday cancelled the remaining hearings set in the corruption trial of ousted president Joseph Estrada, following a series of motions by his defence team. The Sandiganbayan anti-graft court said it was cancelling the hearings scheduled for Oct 22,24 and
        AFP  -  66 words
    • Article
      Lock icon HK says no change to currency peg as forward rates soar
      350 5 Reuters [HONG KONG] Hong Kong's financial chief reiterated his commitment to the territory's nearly 18-year-old currency peg yesterday after markets turned jittery. Financial Secretary Antony Leung said the government had no plan or intention to change the linked exchange
      Reuters  -  350 words
    • Article
      Lock icon DBS Thai Danu posts 41m baht Q3 profit
      457 5  -  Loans at Thai Farmers shrink as banks post dismal third-quarter results From Harish Mehta in Bangkok WITH their loan books shrinking. Thai banks yesterday reported dismal third-quarter results, a sign that they were not contributing much to economic growth as good borrowers
      457 words
    • Article
      Lock icon CSFB's China share sale ban lifted, says report
      248 5 Bloomberg [BEIJING] Credit Suisse First Boston will be allowed to compete for share sales in China after the government dropped the No 5 equity underwriter from a blacklist, the Financial Times said on its website. CSFB will be allowed to handle future
      Bloomberg  -  248 words
    • Article, Illustration
      Lock icon M'soft keen on new deal in China
      158 5 Dow Jones [SHANGHAI] Microsoft Corp founder Bill Gates said yesterday that his company is in talks with several local companies, including Legend Holdings Ltd, about developing technology for tablet and pocket computers for the China market. Mr Gates, who is attending the Apec
      Dow Jones; REUTERS  -  158 words
    • Article, Illustration
      Lock icon PAS scores spectacular own-goal
      832 5  -  WRITER'S JOURNAL The Islamic party's grand plan to win over non-Muslim M'sians is now dead in the water. And this will reinforce its isolation karim raslan IMAGES of water cannons, screaming faces and riot police in Malaysia have caught the international community by surprise. But the
      832 words
    • Article
      Lock icon Trio to inject Geylang hotel into Parit Perak
      272 5  -  Debt revamp will also see them pumping in two KL office blocks From Eddie Toh in Kuala Lumpur THE owners of Ocean Hotel in Geylang, Singapore, have proposed to inject the 70room budget hotel into Ma-laysian-listed Parit Perak. The troubled property company
      272 words
    • Article
      Lock icon Forex repatriation to boost rupiah: BI exec
      393 5 Reuters [JAKARTA] A candidate for deputy governor at Indonesia's central bank said the government should force exporters to bring back the billions of dollars they earn overseas to defend the ailing rupiah. Candidate Aslim Tadjudin is one of nine contenders for three deputy
      Reuters  -  393 words
    • Article
      Lock icon Gasoline-price spike pushes US Sept CPI up 0.4%
      568 6 Meanwhile, the Aug trade deficit fell to US$27. lb, its lowest level in 19 months Reuters, AP [WASHINGTON] A spike in gasoline prices in September pushed US consumer prices up at the sharpest rate in four months, the Labor Department said yesterday,
      Reuters,; AP  -  568 words
    • CORPORATE RESULTS
      • Article
        Lock icon Nokia Q3 earnings dive, but outlook positive
        121 6 Reuters [HELSINKI] Nokia yesterday posted, as expected, a sharp drop in third-quarter profit due to weak handset demand, but the world's largest mobile phone maker showed it was handling the slowdown well by forecasting healthy earnings during the key fourth quarter Christmas sales
        Reuters  -  121 words
      • Article
        Lock icon Sun Microsystems plunges into the red
        122 6 AP [SAN JOSE, California] Stung by both the sluggish economy and sales slowdown following the terrorist attacks, Sun Microsystems lost US$lBO million as sales slid 43 per cent in its fiscal first quarter. For the three months ended Sept 30, Sun lost 6 cents
        AP  -  122 words
      • Article
        Lock icon Nortel loss at US$3.47b as sales fall 45%
        130 6 Bloomberg [BRAMPTON, Ontario] Nortel Networks Corp, the biggest maker of phone equipment, had a U553.47 billion third-quarter loss as sales fell 45 per cent after customers ordered less gear. The loss, which included US$l.O2 billion in costs to eliminate jobs, close factories
        Bloomberg  -  130 words
      • Article
        Lock icon Bargain-hunting rush boosts eBay profits 24%
        110 6 Bloomberg [SAN JOSE, California] EBay Inc's third-quarter profit surged 24 per cent as the largest Internet auctioneer attracted more shoppers seeking bargain prices in a slowing economy. Fourth-quarter sales and profit will be in line with analysts' estimates, eßay said. EBay exceeded analysts' third-quarter
        Bloomberg  -  110 words
      • Article
        Lock icon Hynix Semiconductor post 1.62t won net loss
        76 6 AP [SEOUL] Hynix Semiconductor, the world's third largest chipmaker, announced yesterday a net loss of 1.62 trillion won (552.26 billion) in the third quarter. It was the largest quarterly net loss reported by Hynix. It reported a net profit of 66 billion won
        AP  -  76 words
      • Article
        Lock icon Computer Associates suffers Q2 loss
        104 6 Bloomberg [ISLANDIA, New York] Computer Associates International Inc, the fifth-largest software maker, said it had a fiscal second-quarter loss as sales fell by more than half. The results also reflect an accounting change. The loss for the period ended Sept 30 was US$29l million, or
        Bloomberg  -  104 words
      • Article
        Lock icon Gateway's quarterly loss at US$520m
        110 6 AP [SAN DIEGO] Computer maker Gateway Inc posted a US$52O million quarterly loss on Thursday, citing the costs of corporate restructuring, soured investments and weakened demand for its products following the Sept 11 attacks. The results missed Wall Street's diminished expectations and extended Gateway's losses
        AP  -  110 words
      • Article
        Lock icon Emerging market gains lift Nestle sales 2.4%
        63 6 Bloomberg [VEVEY, Switzerland] Nestle SA, the biggest foodmaker, increased third-quarter sales by 2.4 per cent, with the biggest gains in emerging markets. Chief executive Peter Brabeck said he expects higher sales and profit this year. Sales rose to 21.2 billion Swiss francs (Ss23
        Bloomberg  -  63 words
    • Article
      Lock icon OECD economies to see worst year since 1982
      504 6 Early forecasts expect 1% growth this year, rising to 1.2% in 2002 FT [LONDON] This year is set to be the worst for the world's leading economies since 1982 and 2002 will be little better, according to leaked preliminary forecasts from the
      FT  -  504 words
    • Article, Illustration
      Lock icon FEELING THE STRAIN
      34 6 [FRANKFURT] The German airline Lufthansa said yesterday that it might have to cut one in every four or five jobs in its passenger business if it does not slash costs. AFP
      AFP  -  34 words
    • Article
      Lock icon DoCoMo taking write-off on KPN: report
      313 6 Paper says it'll write off 400b yen; firm says no decision yet Bloomberg [TOKYO] NTT DoCoMo Inc, Japan's biggest mobile phone operator, will write off 400 billion yen (Ss6 billion) in the value of its 15 per cent stake in KPN Mobile NV, the
      Bloomberg  -  313 words
    • Article, Illustration
      Lock icon Pandering life in the US amid vulnerability
      697 6  -  VALLE Y VIE W jennifer lien The writer is BT's Silicon Valley correspondent WHEN news about possible bioterrorism attacks in the US began making the headlines, public relations executive Shirli Hee went out and bought some filtering systems for the water taps in
      697 words
    • Article
      Lock icon Investment charge drags Microsoft's profit 42% down
      433 6 NYT [REDMOND, Washington] Losses from investments helped push quarterly profits down 42 per cent at Microsoft Corp, and the world's biggest software company on Thursday gave a gloomy outlook for the PC business through most of next year. For its first quarter ended
      NYT  -  433 words
    • POLITICAL FRONT
      • Article
        Lock icon US troops start Afghan ground ops
        109 7 AFP, AP [WASHINGTON] A handfUl of US special forces are operating in southern Afghanistan, an official said yesterday, adding that military action could increase significantly in the coming days. Separately, Taliban ambassador Abdul Salam Zaeef said in Islamabad that he had brought a "ceasefire
        AFP,; AP  -  109 words
      • Article
        Lock icon Anthrax may be conspiracy: AG
        53 7 Reuters, AFP [WASHINGTON] The spate of anthrax infections in the US could be an organised conspiracy, Attorney-General John Ashcroft said on Thursday. But he said authorities could not be sure if the outbreak was the work of the network which carried out the Sept 11
        Reuters,; AFP  -  53 words
      • Article
        Lock icon Anthrax scare at Euro parliaments
        55 7 Reuters, AFP [LONDON] Anthrax alerts disrupted governments in Europe yesterday. The UK Parliament delayed its opening by an hour after a suspect package containing white powder was discovered. And the Dutch parliamentary buildings were closed off temporarily after a suspicious envelope was found at the
        Reuters,; AFP  -  55 words
    • Article
      Lock icon Bush, Jiang agree to set up 'dialogue mechanism'
      442 7  -  Another bilateral mechanism to fight terrorism also in the offing Reports by Loh Hui Yin in Shanahai SINO-US relations have taken a major step forward with the leaders of the two countries agreeing to set up new bilateral mechanisms to allow them
      442 words
    • Article
      Lock icon PM Goh: Understand Megawati's dilemma
      291 7 THE international community, in its war against terrorism, must appreciate the predicament faced by Indonesian President Megawati Sukarnoputri who leads the world's largest Muslim country. Prime Minister Goh Chok Tong, making a pitch for Indonesia which has shown signs of improved stability, said: "We must
      291 words
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      Lock icon Page 4 Advertisements Column 1
      18 4 [iTial Lianhe Zaobao I I Which are I I China's I I competitive I I cities? US I
      18 words
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      Lock icon Page 4 Advertisements Column 2
      297 4 f NOTICE OF SPECIAL RESOLimONS\ T T GLOBAL PTI LTD At an Extraordinary General Meeting of members of TT GLOBAL PTE LTD duly convened and held at B-28 Ashok Vihar Phase I Delhi *****2 India on 19 October 2001. the following resolutions were duly passed: SPECIAL RESOLUTIONS "RESOLVED THAT pursuant
      297 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 3
      65 4 We welcome letters. E-mail us at btfetterQsph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390Kim Seng Road, Singapore*****s. We need your full name, address and telephone number, so we can verify It came from you. Please use temperate language, and bear In mind libel
      65 words
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  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      70 5 Since 1975 our worldwide staff of over 275 multi-disciplined p'ofessionals A j «p including lawyers, chartered accountants a K chartered secretaries and hankers have j k provided confidential and cost effective P company formation in all the ma|or low St a areas including inco'po'.itto" Fees tron USS>OO The world's leading
      70 words
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  • Article
    Lock icon SGX MAINBOARD
    5940 7 Transaction date: Oct 19 for live prices, log on to iwiwxisiaonernarketsxxM* GrCrMW tr tr SMM la* Vol Day Lart Quota Dk> Mr VM MM Cao Jog 52-M la* Vol Day La* Quota Db Oh W M Cm Am loi Ci—ioy «o W- CBBO) Low Buyer Mo Cw M
    5,940 words
  • Article
    Lock icon SGX XTRANET
    48 7 jm tar UMQMI* M DD N H G» A!£ I— U» C—» 5— w- mm M+lm,m*w**m%Cw%m a Mi ***** ***** t Outrun* USNM9M W90 3830 ilSOJUSTadi US4CS0 555 440 s ISMSO Spor* US450 450 ***** *70 BS*«00„_ US10M0 U150 9950 i VOK US***** i 0 720
    48 words
  • Article
    Lock icon SGX SESDAQ
    1382 7 Cr ft mm «•< o* IMOMa Hi Dk IN Mat OB Anf La» Ca<a»a% M»W- HI UtM M. (V W |3 *5 TO 12 cABRHMgsSc 135 -15 663 14.5 135 135 14 S 18 15 4 26 14 405 12 CAP Oil 5c 145 unch SO 145 14
    1,382 words
  • Article
    Lock icon CLOB INTERNATIONAL
    405 7 S2-WH Last Vat Day Last Ouatt Dtv M* VM Nat M Cap Htgh Law Ca«»any Sat* (*000) HtfM Law Buyar $a*ar Or Pft )mil 110 60 AVJanmngs A2Sc A 70 73 40 3.4 V*J 4.1 150.7 Cathay PK 20c HK 720 265 2.1 7.4 6 2436&2 Chaung KongSOc
    405 words
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  • week in review
    • Article, Illustration
      Lock icon Top stories this week
      1093 8 For thefull stories, visit http://business-times.asial.com.sg September non-oil exports dive 30.7% Oct w FEARS receded a notch on Wednesday that the Sept 11 terrorist attacks will hit Singapore's exports exceedingly hard. The Trade Development Board released figures that day showing non-oil domestic exports plunged 30.7 per cent
      1,093 words
    • Article
      Lock icon What we said
      326 8 LEE HAN SHIN Oct 16 Aid for captains of industry WHY is it that local developers and bankers need regular help and guidance from the government? They like to think of themselves as "men of the world", so they should start acting as such. Now that the
      326 words
  • Article
    Lock icon KLSE
    2597 8 Transaction date: Oct 19 KUALA LUMPUR Vol RM COOP) ASM Realty 0.75 unch 7 Abrtc 1.85 -0.02 63 ACP Industries 2.75 0.05 184 Advance Synergy 0.46 unch 85 Affln Holdings 0-24 unch 14 Ahmad Zafci Res 3.70 unch 22 Ate Corp 3.64 unch 2 Aik&ee Res 2.41 0.05 1246
    2,597 words
  • Article
    Lock icon SGX
    716 8 Transaction date: Oct 19 mrnkmrnrn m Oaaa C*af» ■HO—» Wt Ow a—a CSC OJS 2JOO MatSta* 90c 0.17 0.755 -0.005 CapKaLan* 146 1.4S0 -0-010 0C*C WJt ***** -0300 Chart SwMCsni 134 3.400 -0.120 OUC 0.52 U50 -0.100 CMyBavSOc 2.00 4J00 Partway H 25c 0.49 0.970 -0.010 CrpatJva T 25c
    716 words
  • Article
    Lock icon BONDS & WARRANTS
    735 8 BONDS WARRANTS *m bpfey la* MOW to Ik MM fcMI Mi «r nm* Htm —*1 M» ASTIW*****1 17 -2 35 1 16 5 185 32 Amtek W*****0 24 -2 57 1 S3 19 2.00 44 Anratrong W*****0 S3 1 10 55 142 31 AsiaFoodPW*****2 1 1 166 2127 7.50 9
    735 words
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  • in the money
    • Article
      Lock icon China-linked stocks a defensive play
      866 9  -  EQUITIES China stands out as an insulated oasis of strong demand, high growth and low operating costs By Ven Sreenivasan TODAY'S investment environment is fraught with uncertainty. Stock market investors, in particular, have been having a rough ride because of unpredictable global geo-political developments and
      866 words
    • Article
      Lock icon Analysts' revisions begin to balance out
      364 9  -  By George Lam The author is a senior consultant at JCF Group WE continued to receive more negative changes in recommendation for the past week (Oct 9 to 15) even though the Straits Times Index gained around 3 per cent during this period. However,
      364 words
  • Article
    Lock icon BT SHARE INFORMATION SERVICE
    1718 9 for week ended Oct 19 Mn wn DM IT LY TY LY am) at lap w AM HkJgt 28-Sap I 3.072. 2343 159L 121 Aon* 26-Sep I 4.761 L 4 088 2.71 2 A «■*—> 27-Sap I 157 iaiM 0.54 3.12 Amara Hldgi 26-Sep I 1.946L
    1,718 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3204 9 UNIT TRUSTS FUNDS AMmi Asset Mgt Asia Ltd Aberdeen Select Portfolio: American Opport Fd 0.710 0.746 Asian Fixed Income Fd 1.132 1.167 China Opportunities Fd!** 0.843 0.886 ContEuroEqtyFd!** 0.899 0.945 Global MNCFd 0.622 0.654 Global Technology Fd!** 0.454 0.477 Indonesia Equity Hi!** 0.596 0.627 Japan EqtyFd!** 1.038 1.091 Malaysian Equity
    3,204 words
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  • what's in style
    • Article, Illustration
      Lock icon Good moves in bad times
      1691 10  -  The food business is undergoing a shake-up. Some restaurants have moved to new premises and others have taken over their space. Meanwhile, familiar names are re-appearing after an absence. GEOFFREY EU checks out the scene GEOFFREY EU IF there's one truism in the food business,
      RICHARD CHNG; CHRIS LOH  -  1,691 words
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      Lock icon Page 10 Advertisements Column 1
      434 10 wine&dine with weekendßT A V #02-38Speciafist Shopping Centre. Tel: *****38 432 5567 SorctoJltooT Tel *****11 V jwHf MU SlOOrStanUtoa&M- 735M00 Well known for its value-for-money French-inspired Oysters, sushi and pasta on the menu at St There's more to the Chatterbox coffeehouse Edible works of art are the Pastry Shop's cuisine,
      434 words
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  • what's in style travel
    • Article, Illustration
      Lock icon Grand mix of the old and new
      1733 11  -  CHEAH UI-HOON wonders through some of the historical and cultural centres of Spain CHEAH UI-HOON WHEN it comes to travelling in Europe, the order of the day is to first make it to the capital of the country one is visiting. It's London
      PHOTOS BY CHEAH UI-HOON  -  1,733 words
  • Article, Illustration
    Lock icon FINANCE
    1183 11 Transaction date: Oct 19 nTTBRBAMK CROSS KAT1 AS C$ *■> Et> flir HK$ Yw Wm Ml B$Wli Nao S$ *mi WT$ tm Hmt ICS AatfraKa 0.799 4200 0.562 1608 U00 3.948 243M50.995 0.6M 6.589 1523 L2I7 ***** ***** 0.920 4652 0.83! 17.4******0 0552 0506 Canada 1252 5.260 0.704 46»
    1,183 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Lock icon Page 11 Miscellaneous Column 1
      257 11 CRYPTIC CROSSWORD ACROSS cause annoyance (6) 7 Capital support for the traveller! 4 Hurt constituents without ap- JH 9 More idealistic society (6) 5 Basic wear for judicial officials? ill 1 1 10 Fortune made by a carpet man- (5,5) MB WM Mg |M ufacturer (4) 6 The glutton takes
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  • what's in style motoring
    • BRAVE NEW WHIRL
      • Article, Illustration
        Lock icon Revving up sales
        130 12 BETWEEN now and March 15, 2002, every $50 you spend at Changi Airport buys you a chance to win attractive prizes, including the grand prize of an Audi TT Roadster. The lucky draw is part of Changi Airport's "Shop Play Win" promotion, introduced this week to counter
        130 words
      • Article, Illustration
        Lock icon Nissan X-Trail hits town
        70 12 NISSAN's X-Trail, the best-sell-ing sport-utility vehicle in Japan, is here. Distributor Tan Chong is holding a public launch at its Bukit Timah showroom this weekend. At a glance, the 2.5-litre X-Trail seems the roomiest and most functional SUV of its kind. Prices start from $115,000 with
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      • Article
        Lock icon Stream-lining
        51 12 FROM next month, Honda agent Kah Motor will bring in the 1.7-litre version of the Stream "midi-MPV". The seven-seater will be priced about $10,000 lower than the 2.0-litre car currently on sale. Kah Motor was persuaded to offer the smaller-capac-ity Stream when it lost considerable market share to parallel
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        Lock icon For the Civic minded
        77 12 GOOD news for Honda Civic fans. The new Civic Type R could arrive next year. The three-door hot hatch boasts a two-litre DOHC i-VTEC engine that produces 215 horsepower. A close-ratio, six-speed manual gearbox makes sure things are constantly on a boil. Expect aeroform bumpers, Recaro
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        Lock icon Scooter under cover
        60 12  -  Compiled by CHRISTOPHER TAN CHECK out this new concept by Honda. A largedisplacement scooter, the Elysium, is powered by a newly-designed liq-uid-cooled four-stroke horizontally opposed four-cylinder engine. It has an electric convertible roof for superb weather protection, as well as a convenient navigation system. It will be
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      Lock icon Riding the sublime
      1466 12  -  Mercedes-Benz may have taken 12 years to come up with its new SLSOO. But it's a car well worth waiting for, as SAMUEL EE who test-drove the roadster in Florence discovers SAMUEL EE The writer isBT Online editor IT stood in the Florentine piazza, surrounded by gawking
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  • what's in style
    • Article, Illustration
      Lock icon Viva Viet
      1304 13  -  Vietnamese art's popularity in S'pore is not just because of the artists' accomplished skills. PARVATHINAYAR looks at other factors PARVATHI NAYAR PAY attention to what's being shown in local galleries, and you'll notice Vietnamese art is everywhere. There's a wide range in quality, size, materials and prices; the
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    • Article
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      302 13  -  By CHEAH UI-HOON FOR a broad glimpse of Singapore's wide and varied multi-dis-ciplinary and multi-faceted visual arts world, step into Plastique Kinetic Worms' (PKW) third annual Worms Festival. Marked by young, energetic artists, the festival opened two days ago, featuring nine artists and groups from Singapore and the
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    Lock icon STOCKS ASIA
    5172 13 Transaction date: Oct 19 for more, go to iimrwxisiaoTienmarketsxom HONGKONG yHK$ COOP) AcrossAsie Multimedia 0.43 uncti 0 Alpha General 0.03 uncti 8200 taWYfrop 7.75 0.35 2447 Anenda Wing On 0.06 uncti 5320 Angang New Steel H 0.S3 -0.03 ***** Anhui Conch M 144 0.01 1638 Anhui Expressway H
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  • what's in style collections
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      Lock icon cool kids
      1569 14  -  Clothing your child with style does not mean Hello Kitty or Pikachu tees, as CORINNE KERK finds out from four mothers who dress their little tykes in glad rags from Giordano to Giorgio CORINNE KERK IT'S a simple equation hip mom equals hip kids. After all, when you're
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      Lock icon Deconstructing jewellery
      925 14  -  Stack em, screw 'em, spin 'em Ehinger-Schwarz's Charlotte line lets jewel fans take a DIY approach to real gems. CHEAH UI-HOON meets Singapore distributor Florence Neo BIZWOMAN CHEAH UI-HOON DO-IT-YOURSELF jewellery is usually associated with beads, or chunky silver work. Now, those who prefer a more individual look
      RICHARD CHNG  -  925 words
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      Lock icon WATCH THIS
      201 14  -  Compiled by CORINNE KERK nagcrs latest Born in 1979, the Piaget Polo has just been revived to "reflect our image-conscious society and its fascination for iconic products", says Swiss watchmaker, Piaget The 2001 Piaget retains the seamless look of an integrated bracelet but has a bolder, modern face
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  • what's in style collections
    • Article, Illustration
      Lock icon A picture of poise
      915 15 POISED is the word to sum up the essence of Song+Kelly2l. But it's not just a statement on the fashion. It's also describes the state of mind that designers Wykidd Song and Ann Kelly are in as they get ready for their return to the international
      RICHARD CHNG  -  915 words
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      Lock icon CALL ME
      711 15  -  Blue screens. Clear casings. Curvy shapes. Wearable ones. Just some of the distinct features of today's new mobile phones. Take your pick, says CHEN HUIFEN CHEN HUIFEN Sony Ericsson T65 The T65 mobile phone will be Sony Ericsson Mobile Communications AB's first offspring since Sony Corp and Ericsson
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      Lock icon IN STORE
      294 15  -  Compiled by CORINNE KERK Our top picks of what's on the shelves Carter's cache Want to shop early to beat the Christmas crowd? If you and/or the recipient of your gifts have expensive tastes, check out Cartier's exhibition and sale next month. The pieces on show come from
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