The Business Times, 31 August 2002
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2002-08-31
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The Business Times
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Title Section12 2002-08-31 1 THE BUSINESS TIMES weekend SINGAPORE AUGUST 31 SEPTEMBER 1, 2002 Internet: http.//busmess-Bm12 words
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880 2002-08-31 1 Siow Li Sen - Move part of major drive to hang on to existing customers amid price war By Siow Li Sen [SINGAPORE] The loyal bank customer is king, finally. In a surprising move intended to retain customers, banks are now prepared to forgo880 words
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566 2002-08-31 1 Quak Hiang Whai - Exchange releases consultation paper on listing rules Byl Quak Hiang Whai [SINGAPORE] The Singapore Exchange (SGX) yesterday released its consultation paper on proposed listing rule changes, recommending among other things a trading-halt mechanism for the stock market. The proposed changes support recommendations put forward earlier566 words
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775 2002-08-31 1 Lee Han Shih - But 29 hotels still subject to restriction; room space also redefined By] Lee Han Shih [SINGAPORE] The govern ment has eased the restriction on hotel conversions to other uses thus freeing 19 hotels, including prime-sit-ed hotels like the Four Seasons, the Regent,775 words
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Article, Illustration804 2002-08-31 1 christopher tan - SATURDAY SOAPBOX For the answer, Comfort's major shareholder needs to view group's profit surge in proper perspective christopher tan COMPENSATION packages of CEOs are always good fodder for coffee shoptalk. Forbes magazine recently ran its regular survey of CEO pay, noting that804 words
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Page 1 Advertisements
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Advertisement38 2002-08-31 1 Lf l_J k. MOTORING Jaguar'sX-type2.o: least expensive HI MM of changes HHAI! 10# itoCPFhome i financing rules Home loan packages: What the banks say mi Venture Corp's first half profit up 35% Page 3 Hill 8 *****1 *****438 words
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Advertisement9 2002-08-31 1 PROPERTY Cut in commercial use development charges. PAGE 49 words
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Advertisement23 2002-08-31 1 I! I WHAT'S 'HI! II PI 1 INSTYLE ■K lgfl 1 I When palate and palette 1 make good bedfellows. L PAGE 1623 words
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Advertisement10 2002-08-31 1 IN THE MONEY Correlation key to reducing risks, page 2010 words
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next page
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Article, Illustration618 2002-08-31 2 r sivanithy - MARKET REVIEW r sivanithy am HE softening in the growth of aggregate I demand that emerged this spring has I been prolonged in large measure by weak--X. ness in financial markets and heightened uncertainty related to problems in corporate reporting and governance." This618 words
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Article72 2002-08-31 2 □sti 1,488.50 (-1.85) ST INDEX FUTURES M83.00 (-10.00) SIMSCI FUTURES 188.20 (-1.80) Fnd»v <1ULngi' KLSKOHIP _7IIJ« *7* MKKHXt'. 9.6I9JM. UM HANO SENli IOM3 *7 17i* SCTINDEX JKLI6 WW JAKARTA (t)MP 444(7 .175 MANILA COW l.liHW i«i TAIPEI WP1 4.7MJM X,S) SBUI10tl*P_ 7H4# .11« SHENZHEN H *4.14* mi 18 AIST72 words
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Article67 2002-08-31 2 FOREX RATES US* SS rSS(SSprr»'f»| 174* £|VSS/S$pwi|_ IM 1717 R1 UH 17a YEN HO tl fiu RM 1X10 1174 HKS 7 «OU 4461 BAHT 4130 2414 Kl'HAII NNH i.<M» FftlMC RATES SINGAPORE h& KUALA U Mil K «4» IIOMi KOMj MS IAKAKTA aS»WI TAIPEI CS THKVO JTS SHMft. j&567 words
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477 2002-08-31 2 US consumer spending surprises with IX rise in July while incomes remain flat AP, Bloomberg, AFP [WASHINGTON] The US Federal Reserve is unable to use interest rates to prevent a bubble in stock prices nor is the central bank capable of reliablyAP,; Bloomberg,; AFP - 477 words
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Article, Illustration762 2002-08-31 2 Eugene Low - Steven Green gladly takes on role without charging any fee By] Eugene Low [SINGAPORE] If there is such a thing as a quitterstayer dichotomy, then former US ambassador to Singapore Steven Green must surely fall into the "stayer" category. "I spent almost four years762 words
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474 2002-08-31 2 Genevieve Cua - MAS seeks feedback for new regulatory framework By( Genevieve Cua [SINGAPORE] New regulations governing the management and sale of health insurance will seek to distinguish between shortterm and long-term policies, and enforce new disclosure requirements for these policies' "critical" features. The new474 words
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Page 2 Advertisements
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Advertisement3 2002-08-31 2 R2@^S^SS»SS»SS9 IfWWw. ocraTconH3 words
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in the news
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Article, Illustration520 2002-08-31 3 Serena Ng - Earnings growth at the top end off expectations—fuelled by improvements in all business areas Reports by I Serena Ng VENTURE Corp yesterday restored analysts and investors' faith in the company with a 35 per cent jump in earnings to $75 millionARTHUR LEE - 520 words
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325 2002-08-31 3 SINGAPORE should consider carefully the country's competitiveness in attracting global talent before deciding if companies should expense stock options. Venture Corp's group managing director Wong Ngit Liong said yesterday. "In our business, it is very important for us to attract good management and global technological325 words
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328 2002-08-31 3 Andrea Tan - By Andrea Tan KWEK Leng Beng's City Developments yesterday reported a 27 per cent fall in interim net profit, citing a fall in contribution from its hotel business. Net profit for the six months ended June fell to $70.7 million from a restated328 words
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338 2002-08-31 3 Beth Jinks - By Beth Jinks SINGAPORE-LISTED port crane leasing company Portek International exceeded its FY2002 prospectus expectations, announcing yesterday a $6.5 million net profit on turnover of $43.3 million. The group, which launched its initial public offer in late March, had forecast a net profit338 words
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509 2002-08-31 3 Angela Tan - ByJ Angela Tan ANG Kong Hua's first annual general meeting with Singapore Telecom shareholders as non-executive chairman yesterday was eventful, with disgruntled shareholders questioning his directorships and raising concerns about the company's falling share price, payouts and growth strategy. Mr Ang, 58, who is509 words
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275 2002-08-31 3 Christopher Tan - If II continue servicing cars till new dealer is named Byi Christopher Tan CONFIRMING a BT report in July, listed motor group Cycle Carriage Ltd (CCL) announced yesterday that it would stop selling Proton cars from next month. In a brief statement,275 words
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Article, Illustration324 2002-08-31 3 David Boey - By\ David Boey CHARTERED Semiconductor Manufacturing declined comment yesterday on market talk that it plans a share placement, but said it will face "financing needs from time to time". Chartered, the world's third-largest maker of customised computer chips, also pointed to itsSource: Bloomberg - 324 words
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399 2002-08-31 3 Quak Hiang Whai - By i Quak Hiang Whai SOME would say it is practically a bank anyway. But Kwek Leng Beng's Hong Leong Singapore Finance is now one step closer to becoming a bank; with its latest licence, it will be the first finance company to399 words
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Article719 2002-08-31 4 Kalpana Rashiwala - New Downtown parcels among areas with biggest chops By Kalpana Rashiwala THE government yesterday cut an average of 7.4 per cent off commercial use development charges payable before a site's usage can be enhanced. For residential land, the cut in DC rates was much719 words
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Article, Illustration439 2002-08-31 4 Loh Hui Yin - Mainland's growth can bring prosperity to S'pore and SEAsia Reports from Loh Hui Yin in Shanghai WITH tepid economic growth in the developed countries, Singapore would do well to study China closely if it is to benefit from the country's economic growth, saidLIANHE ZAOBAO - 439 words
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290 2002-08-31 4 tt wants them to use S'poreas their base for operations abroad THE Economic Development Board, long used to wooing investments from Western economies and Japan, is now targeting a new group of investors: high-tech, highgrowth Chinese companies which can use Singapore as a launch290 words
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365 2002-08-31 4 COME tomorrow, small and medium-sized enterprises will have an additional means of financing thanks to the new Loan Insurance Scheme (LIS) that will make available $30 million a year for five years in its pilot run. A portion of the loans will365 words
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377 2002-08-31 4 Eugene Low - By Eugene Low TO penetrate the fast-grow-ing Chinese and Indian markets, Singapore companies will have to work mainly through services rather than manufacturing, said Senior Minister of State for Transport Khaw Boon Wan. "This is not to say that manufacturing will377 words
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Article306 2002-08-31 4 Eugene Low - EYE ON THE ECONOMY By Eugene Low WAGE flexibility in Singapore may be increasing, but implementation of the base-up wage system has been slow. This is because of the deeply-entrenched seniori-ty-based wage system, a National Trades Union Congress study has found. An NTUC survey of306 words
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529 2002-08-31 5 Survey shows managers feel that US stocks may have hit bottom Reuters [LONDON] Global fund managers halted their retreat out of US equities, a Reuters survey yesterday showed. They yanked money out of the euro zone against a backdrop of uncertainty aboutReuters - 529 words
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NOTE BOOK
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88 2002-08-31 5 Reuters [KUALA LUMPUR] Malaysia yesterday launched a US$42O million fund for debt financing of its information technology companies, including those owned by foreigners. TTie fund, financed by Japan Bank for International Cooperation, is billed as the first in Asia to be aimed atReuters - 88 words
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70 2002-08-31 5 Reuters [TAIPEI] Taiwan's finance ministry yesterday said it would propose raising the size of the state rescue fund by about NT$9lO billion (5546.3 billion) to NT$l.O5 trillion to help clean up bad loans in the banking industry. Finance Minister Lee Yung-san told reporters thatReuters - 70 words
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100 2002-08-31 5 Bloomberg [HONG KONG] Cathay Pacific Airways expects to start flights to the mainland Chinese cities of Beijing, Shanghai and Xiamen in the first quarter of next year to take advantage of the nation's growing travel demand. The carrier has applied to the HongBloomberg - 100 words
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Article125 2002-08-31 5 [KUALA LUMPUR] Bakun hydroelectric dam civil works' consortium leader Sime Darby Bhd may seek the support of four sister companies from Permodalan Nasional Bhd (PNB) in supplying palm oil as part payment to the Chinese partner in the project, the Malaysian Business Times reported125 words
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Article126 2002-08-31 5 Reuters [TAIPEI] Taiwan's Evergreen Marine Corp yesterday said it made a loss of NT$O.l9 per share in first-half 2002, a swing from a per-share profit of NT$O.l5 in the same 2001 period. Evergreen said first-half net losses amounted to NT$377 million (5519.2 million) against netReuters - 126 words
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Article73 2002-08-31 5 Bloomberg (KUALA LUMPURJ RHB Capital said fourth quarter profit rose 20 per cent as higher non-interest income offset an increase in provisions for bad loans. Net income for the three months ended June 30 rose to RM33.1 million (5515.2 million), or 1.2 sen aBloomberg - 73 words
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Article, Illustration452 2002-08-31 5 Strong exports help GDP grow 0.5% in April-June quarter Reuters (TOKYO) Japan's sputter ing economy barely emerged from 12 months of contraction to eke out 0.5 per cent growth in the April-June quarter. While strong exports helped the small growth, a dramatic revision wiped out theReuters - 452 words
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516 2002-08-31 5 Audrey Tan - /•Yarn i Audrey Tan in Hong Kong HONG Kong's economy is technically out of a recession. as government figures released yesterday show gross domestic product (GDP) grew 0.5 per cent in the second quarter. But the Q2 figure is low er than516 words
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Article, Illustration564 2002-08-31 5 Chuang Peck Ming - Thailand's Supachai set to push developing world's cause at new round of trade talks Chuang Peck Ming [SINGAPORE] Developing nations are likely to get more than a sympathetic hearing from a fellow representative when Thailand's Supachai Panitchpakdi takes over as the564 words
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333 2002-08-31 5 AP j (HONG KOXij| As Horn j Kong grapples with recon j unemployment, two televi sion stations will air show* I that feature p«H>plc coni|X't ing for jobs as prizes. e\ecu tives said yesterda> Asia Television wil! launch U'/n a JobAP - 333 words
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420 2002-08-31 5 Eddie Toh - hYinn Eddie Toh in Kuala Lumpur UNIVERSAL Studios will go ahead with the long awaited plan to develop a mega theme park on Renong Berhad's land at the southern tip of Malaysia, according to a Renong official yesterday. Renong managing director420 words
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Article, Illustration434 2002-08-31 6 No more investment unless satisfactory results shown in next two or three quarters Reuters [STOCKHOLM] Swedish telecoms equipment maker Telefon AB LM Ericsson has threatened to pull out of handset-making and end its cooperation with Sony Corp if their barely year-old mobile phoneReuters; FILE PHOTO - 434 words
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388 2002-08-31 6 Reuters [SAN FRANCISCO] Com puter maker Sun Microsystems on Thursday lowered its forecast for revenues in its fiscal first quarter ending September, saying corporate spending on technology may actually be weakening. "We've not seen any improvement in the current ITReuters - 388 words
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262 2002-08-31 6 Bloomberg [BANGKOK] Infineon Tech nologies, Europe's second largest chipmaker, and a group of investors will pump US$l.l billion into a debt-laden Thai silicon wafer company, a Thai government official said. Infineon will provide about 16 per cent of the US$3OO million aBloomberg - 262 words
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355 2002-08-31 6 This is the 3rd worst showing in 3 years, says trade group Reuters. Bloomberg (NEW YORK| Profits at US securities firms fell 29 per cent for the second quarter as stocks slumped, an indus try trade group said on Thursday, warning thatReuters.; Bloomberg - 355 words
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WORL DWATCH
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83 2002-08-31 6 Reuters (GENEVA) The World Trade Organization yesterday ruled that the European Union could slam sanctions worth a record US$4 billion on US exports in retaliation for illegal tax breaks to US companies. The figure was set by a special panel of trade arbitratorsReuters - 83 words
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Article84 2002-08-31 6 Bloomberg (WASHINGTON) The House Financial Services Committee probing Citigroup's allocations of sought-after initial public offerings said it wants to know how much money World Com Inc executives and directors made from their awards. It plans to serve Citigroup with a second subpoena in a monthBloomberg - 84 words
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60 2002-08-31 6 Bloomberg [REDMOND, Washington) Microsoft Corp said all versions of its Windows operating system released since 19% have a security flaw that may bar users from sending protected e mail and make it harder to use some websites. It called the vulnerability "critical", its most seriousBloomberg - 60 words
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37 2002-08-31 6 Bloomberg [NEW YORK] Citigroup Inc agreed to sell its New York headquarters to Boston Properties Inc for US$l.O6 billion, taking advantage of investor demand for New York office buildings. BloombergBloomberg - 37 words
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67 2002-08-31 6 Reuters [ZURICH] Nestle SA chief executive Peter Brabeck dismissed as "fantasy" the idea that US anti-trust officials would allow it to acquire US chocolate maker Hershey Foods. He declined to flatly rule out a bid for Hershey but he told the Wall Street JournalReuters - 67 words
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390 2002-08-31 7 AOL, airlines, hotels told to surrender records off people suspected off hiding income in offshore bank accounts Bloomberg [WASHINGTON] The Internal Revenue Service of the United States went to court to force more than 40 companies to surrender information on customers it suspectsBloomberg - 390 words
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Article, Illustration403 2002-08-31 7 House panel says Winnick may have helped swap deals NYT [NEW YORK] Gary Winnick, the billionaire chairman and founder of Global Crossing, may have helped oversee the company's aggressive use of swapping communications capacity on its fibre optic network with other companies, accordingNYT; BLOOMBERG - 403 words
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Page 3 Advertisements
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Advertisement20 2002-08-31 3 Lianhe Zaobao H Asia set to be I I the biggest I I beneficiary I I KBsoo£s**at I I I20 words
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Page 4 Advertisements
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Advertisement1080 2002-08-31 4 Notices J A POPULAR HOLDINGS LIMITED (Incorporated In Singapore) Notke of Amnml General Meeting S"\llc*i!!LSL W ("Wl»i be held at 20 Old lob hich Road Smgopore *****5 a* Mondoy, 30 September 2002 at 3.00 pm lor the following purpose AS ORDINARY BUSINESS 1. lo receive and odopt the Directors' Report1,080 words
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Advertisement398 2002-08-31 4 THE COMPANIES ACT, CAP. 50 ORANGETEETECHNOLOGY PTE LTD (In Voluntary Liquidation I Al an Entraotdinary (ieneral Marling of the members of Ihc jbot enjmed company duly convened and held J3 Mohamcd Sullan Kind. #03-03. Singapore *****7 on ihc 10th day of August. 2002 al 11.00 a.m.. ihc Special Resolution set398 words
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Article5841 2002-08-31 6 Transaction date:Aug3o for more, (jo to wwwjasiaonenmarketsx'om HONG KONG Vol IMS W- 000 Alpha General 0.02 unch 1280 Ananda Wing On 0.03 unch ***** Angang New Steel H 0.99 0 01 2480 Anhui Conch H_ 2.30 010 632 Anhtu Expressway H 170 001 596 Arcontech Corp 0.49 0.025,841 words
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Article6056 2002-08-31 7 1 Transaction date:Aug 30 for live prices, log on to uww .asiaoriemarketsxxmi 52-Wk Last Vol Day LWQmou GrfHv On GrYld MM MCaa WtAvg Hijfc lour Ciw>«ii| Salt (HOP) L—r S«fcr Cw Wl $3 W» ABNAmroNIG S6< 9 >12 3.4 1416 20.5 85 c ACE Dynamtcs20c 11.5 U S6,056 words
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Article53 2002-08-31 7 Om, LMQwt* GiOkr cm GrYM MM MCjf WUW( "»t— tiim Mt w- raw i— cv wt 13 103» 7770 Diamonds US8960 MOO 3230 s ISOJUSTcdt imwui 575 440 s KMSOSporc -U5555 "MO <*n rssAPsoo U5MSM ***** 1330 s SKM5 USHOOtd- 1480 < sn FIT 100 1525 »5 253 words
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Article1607 2002-08-31 7 L«« On UOQMl GrtM* Ohr 6fVW MM MCaa WtAef U» Cl1M| Sale W- CWI U» Sdfcr Cw HI |5 wg 225 12 < 13 «05 4 13 13 13 IS 251 13 245 12 t APfXSc 195cd *15 185 20 195 19.5 20 5 115 13 SI 17.11,607 words
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Article378 2002-08-31 7 U-M left M Ml Last Qaott GrOw W* GrYM MM MCas Wfk I— C LSafr ♦I HI u» %mfm i+m Cut HI W IIS K AVJen«ngiA2Sc A 94 -0 5 14 94 5 94 93 94 40 3.4 10.6 S3 2023 Cathay Pac 20c HK 720 265 2.1378 words
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in focus
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Article, Illustration1342 2002-08-31 8 QUAK HIANG WHAI - QUAK HIANG WHAI A Asset-rich, cash-poor. The main reason for the CPF housing changes. Most CPF members will have a property to call their own at retirement, but some could be short of cash because too much of their CPF savings went to buy1,342 words
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Article1137 2002-08-31 8 Bankers always say borrowers should look not only at pricing but also at service. So BT invited them to explain, briefly, why they think their home loan package is the best This is what they have to say. And you, the reader, can be the judge.1,137 words
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what's in style motoring
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Article, Illustration739 2002-08-31 9 CHRISTOPHER TAN - The 2.1-litre X-Type may be a front-wheel-drive that doesn't quite purr, but CHRISTOPHER TAN says the Jaguar hasn't changed all its spots CHRISTOPHER TAN JAGUARS possess a lethal mix of predatory power, seething sensuality, and undeniable animal magnetism. They're elegant, charismatic, and exotic. One could say the sameFILE PHOTO - 739 words
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Article, Illustration742 2002-08-31 9 Christopher Tan - BMWs rivals need to improve faster and more drastically to catch up with its 3-series Byi Christopher Tan THE Jaguar X-Type may be a new car in a relatively new segment, but it is not short of rivals. Audi's A 4 is a modern, wellequipped alternative.FILE PHOTOS - 742 words
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BRAVE NEW WHIRL
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Article, Illustration133 2002-08-31 9 TOWKAYracers may be interested to know Mercedes-AMG has just launched supercharged V 8 variants of the E, S and CL classes, with output as high as 500 horses and Formula One-style steering-mounted transmission controls. The 5.5-litre cars produce peak torque of7oo newton-metre, enabling the E55 AMG to133 words
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Article91 2002-08-31 9 IF you really like the BMW 7-series more and more people seem to be warming to the idea but wish it could be priced lower, sit tight. BMW may just introduce a 730 i, a straight-six positioned well below the $330,000 3.6-litre V 8 735 i91 words
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Article107 2002-08-31 9 FORD Motor's Jaguar unit will produce 15 per cent fewer X-Types than it planned this year because of slowing demand in the US and Europe, Bloomberg reported. Jaguar is reducing production at the Halewood factory in Liverpool, England, where its smallest model is built, according to107 words
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91 2002-08-31 9 THE last Crewe-built Rolls-Royce has rolled off the production line at the factory which has been the home of Rolls-Royce and Bentley Motor Cars since 1946. It will remain the property of the plant. The unique two-door, silver Rolls-Royce Corniche has a specially designed interior91 words
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Article128 2002-08-31 9 TOYOTA Motor has unveiled a secondgeneration car Internet network that offers a wide range of interactive services from downloading music and playing games to e-mail and e-commerce. Reuters said the new network, called G-Book, has advanced in leaps and bounds from its current service, Monet, which128 words
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Article114 2002-08-31 9 DAIMLERCHRYSLER will build its new Grand Sport Tourer (GST) at the Tuscaloosa plant in the US, with the production and market launch set for end-2004. DaimlerChrysler said in a statement that it would spend US$6OO million to expand the production area at the plant in Alabama,114 words
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Article, Illustration111 2002-08-31 9 THE new Mini will grace two hip and exciting events. The Cooper S will be the pace car at Singapore's first 24-hour endurance kart race at Sentosa on Sept 7-8. Flagging off at 3pm, the race will feature 50 teams from around the world, including111 words
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Article115 2002-08-31 9 CAR adventure company Wheels For Fun is organising two fly-drive holidays to Australia during the November-December school holidays. For $2,338 per adult (twin-sharing) and $1,788 per child (two to 12 years old, sharing with two adults), participants will get to discover Australia on an Adelaide-Melbourne-Adelaide round115 words
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Article95 2002-08-31 9 CHRISTOPHER TAN - Compiled by CHRISTOPHER TAN TYRE maker Yokohama Rubber says a Kleemann ESSK —a drastically-tuned Mercedes E-class AMG fitted with its AVS Sport tyres attained 338 kmh during a test run this week. The speed, recorded on a proving ground just outside Papenburg, Germany, is the95 words
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in the money
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Article, Illustration1199 2002-08-31 10 teh hooi ling - Your best bet lies in investing in maiicets with low or negative correlation. In terms of diversification benefits, Dow Jones stocks have an edge over KLCI, Hang Seng and Nikkei teh hooi ling LOW international correlation across markets is the root of global portfolio1,199 words
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Article500 2002-08-31 10 Patrick Peck - By\ Patrick Peck The author is a vice-president at the Paris-based JCF Group THE number of recommendation changes increased this week as interim results flocked in. Of the 45 opinion changes, 24 were upgrades with 21 downgrades. An investigation by the Commercial Affairs Department and flat500 words
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814 2002-08-31 11 Teh Hooi Ling - MONEY TALK Byl Teh Hooi Ling OK, you have identified your financial goals. For example, pay off your mortgage in the next 15 years, save $300,000 for your children's university education, retire by the age of 60 with $2 million of assets814 words
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Article, Illustration925 2002-08-31 11 IT was not the easiest week for global equities investors as Waß Street's volatility knocked the wind out of markets. The STI lost 2.8 per cent, white our DBSV model portfolio underperformed the index and feW 3.5 per cent However, our portfolio is up 9.2 per cent,925 words
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429 2002-08-31 11 Sebastian Chong - INVESTOR EDUCATION By\ Sebastian Chong The writer is associate professor in finance and accounting, NUS Business School, and a committee member of Securities Investment Association (Singapore). The article expresses his personal views. IN the two preceding articles, we discussed the benefits of rotating429 words
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Article1118 2002-08-31 11 for week beginning Aug 26 Peywwrt b Beaks Pay (m) daae *au Airocaan Grp 5c b 0.15 10-Sap l3Sep 03-0ct AvapiaaSc F 0J0 06-Sep 11-Sep 25-Sep Sembawang F 20 22-Aug 27-Aog 06-Sep ISembawang 15 22-Aug 27-Aug 06-Scp Chevalier 20c F 1 30-Aug 0* Sep 13-Scp Comfort1,118 words
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Article3916 2002-08-31 10 UNIT TRUSTS FUNDS MN Amro tad Mgt (S pore) Star Europe Eqty'" 0631/ Star Europe Bd 1 05» Star Europe Bal 0 827/ Star Asian Tiger Eqty 0.70V Star Asia Bond 1267/ Star Asia Balanced 0 832/ Star Global Technology Fund!** 0 16& Star Bhv Finance iapan Fund!** 0 68V3,916 words
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Page 11 Advertisements
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Advertisement6 2002-08-31 11 Information provided by DOSVICKIW8SICURITII8 Brougrttoyouby OIXISaANK6 words
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week in review
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Article, Illustration885 2002-08-31 12 For the full stories, visit http://business-times.asial.com.sg GLCs have the muscle to build external win&DPM Aug 29 IN a thorough and robust defence of governmentlinked companies, Deputy Prime Minister Lee Hsien Loong told Parliament on Wednesday that GLCs have a key role to play in the economyST FILE PHOTO - 885 words
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Article255 2002-08-31 12 LEEHANSHIH Aug 29 Growing the non-GLC private sector THE key issue regarding government-linked companies is neither efficiency nor core competence, but whether the existence of GLCs prevents the growth of private-sector enterprises. To allow the private sector to grow, the playing field has to be level. But255 words
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Article2174 2002-08-31 12 I Transaction date:Aug 30 KUALA LUMPUR M r— *4M»rttv 9f7 003 49 Abnc .144 «01 26 •0>toduan»* lit i**t> 12 4<J«arx*5«rwrgy 048 0 02 AWnMcuaui— 02* i«h 3 MmadZtkiRH 122 002 16 AJCCorp *.82 0M 17 «itijw Aft. 113 001 62 AKN Tactwaetogy 555 «10 1* *)i*nnwn(0ofM*ria 1.24 inti2,174 words
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Article605 2002-08-31 12 Transaction date:Aug 30 S* °*J SS 037 ,7W CaprtiUnd 1.J4 1450 -04)10 OOC HO tOJOO ChBttortOond* 0*2 2100 -01» OUE 0.57 MOO *0.050 g2£Stbc in ?f2n SUr*" 2 035 fc7W <>m 07 2 14.300 -0200 SGX It 090 1220 *0.030 MS®* 11.H 11.900 SASOc U7 11 COO *0100 2ES605 words
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Article633 2002-08-31 12 BONDS WARRANTS Praa Expiry lat MCm> Eur Dfcc Mh ">» Cmm** MM 6wrfc« u» ASH MTO***** 17-5 1 16 60 liO 22 Aorta UdMAM1116 15 1 SO 692 433 27 AmtekW*****0 15 330 1 33 4 1 30 34 Armstrong W040S20 1 -05 12 1 10 100 5.50 21 Bar6*SA*****1633 words
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what's in style food
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Article, Illustration1119 2002-08-31 13 GEOFFREY EU - GEOFFREY EU comes back from chocolate tasting at the Ritz-Carlton festival, wondering what's life without chocolate GEOFFREY EU THERE is something deliciously decadent about sitting in a luxury hotel room engaging your senses in sniffing, sipping and savouring various forms of gourmet chocolate while simultaneously entertaining1,119 words
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Page 13 Advertisements
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Advertisement465 2002-08-31 13 wine&dine with weekendßT DOC□ OrS Bistro UOl-00/K2, Wheelock Place. TeL*****460 Enjoy a sumptuous meal or simply sip a cuppa, a glass of wine or their large varieties of beers a! fresco style. Their menu also includes variety of pizzas, pastas and cheesecakes of different flavours. Till Sept 30, enjoy Coca-Cola465 words
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Advertisement210 2002-08-31 13 Clark Quay) TeL*****383/*****590. Check out its Charcoal BBQ Combination (non-spicy) at $38.00—a combination offish, squid, chicken, satay that's ideal for three to four persons. The Twin Combination comes In four varieties, priced from $24.00 to $28.00 and just nice for two persons. 10 Coleman Street. Tib *****543 Ala carte buffet210 words
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Advertisement198 2002-08-31 13 $22.80+++ and $34.80+++ respectively. UXTOfQ rfOCM 218 Queen Street. TeL *****119 Try Skylight Cafe's weekly lunch special of tehyaki chicken or katsudon with rice. Only $5.50 nett. *03-14 Tanghn Mali Tel: *****618 Raffles City Level 3 Tel *****488 J Savour a wide spread of traditional Thai delicacies. Till Oct 15.198 words
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Page 13 Miscellaneous
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Miscellaneous138 2002-08-31 13 CBYPTIC CROSSWORD ACROSS 2 Fence Les a crim nal He s got his caught what's bowled (5) YESTERDAY'S SOLUTION 28 As part of the daily grind, one Across: 1 Pop Festival, 9 Bits, took a turn in the water (9) 10 Diet of worms, 11 Vera, 14 At tv t138 words
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what's in style people/collections
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Article, Illustration664 2002-08-31 14 PARVATHI NAYAR - PARVATHINAYAR visits Dr Hauschka's dedicated counter in the Tangs Beauty Hall to find out the philosophy behind the cult cosmetic PARVATHI NAYAR SOUNDS more like heavy-duty prescription drug than fluffy face product? Be assured, Dr Hauschka is seriously cult cosmetic, what with ce-lebrity-use endorsement Julia Roberts, Brad Pitt,664 words
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Article, Illustration362 2002-08-31 14 Parvathi Nayar - By Parvathi Nayar CAROLINE Kan, managing director of Optimal Corporation, is wellknown for her Healthy Planet stores, but her interest in the healthy lifestyle started much earlier. In her early 40s, Ms Kan belongs to a generation of Singaporeans who studied abroad and developed an interestARTHUR LEE - 362 words
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Article185 2002-08-31 14 CLAUDIA BEZOLD-FERRARI is a trained aesthetician who runs her own salon in Munich. In Singapore for the Tangs launch and to train therapists in the Dr Hauschka way, she offers tips on how to help skin functions be natural. Tlw morning ritual: Take five minutes of real,185 words
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WATCH THIS
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Article, Illustration152 2002-08-31 14 ZODIAC may have started out as a Swiss brand founded in 1882 in a little canton. But it can trace its history all the way back to the early 19th Century when the founder's fanner ancestors discovered they also had a knack for making pretty152 words
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Article, Illustration134 2002-08-31 14 LEONARD wants unabashedly to be a trendy brand with timepieces that are seen as desirable fashion accessories. And the latest models from its Sphere and Screen collections appear to reinforce that image. Watches from the first collection have a round case, while the latter one is134 words
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Article, Illustration134 2002-08-31 14 FIRST, it gave you a watch with a transmitter that sends out distress signals. Now it's got a watch you can accidentally drop into the ocean and still retrieve intact if you can find it. Breitling's latest professional dive watch, the Avenger Seawolf, claims to134 words
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Article, Illustration914 2002-08-31 14 Geoffrey Eu - By\ Geoffrey Eu IT MAY not be high on anybody's list of culinary conundrums, but in a city where it is possible to eat an expertly prepared meal in an impressive number of casually chic dining rooms, there is a puzzling and slightly troublingCHRIS LOH - 914 words
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Page 14 Advertisements
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Advertisement16 2002-08-31 14 Dr Hauschka products are available in Tangs Beauty Hall and Healthy Planet. Forum Shopping Mall, 81-20.16 words
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art
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Article, Illustration996 2002-08-31 15 PARVATHI NAYAR - PARVATHINAYAR pays tribute to Brother Joseph McNally, whose contributions leave a tremendous legacy in the local arts scene PARVATHI NAYAR > ETTER pass boldI ly into that other V H W world, in the full glory of some pas- sion," says James I M Joyce in996 words
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Art beat
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Article151 2002-08-31 15 A weekly roundup of events As Colourful As Ink is contemporary ink artist Leung Kui Ting's second solo exhibition in Singapore since 1985. A key artist of his generation, Leung's works are collected by museums and important private collectors worldwide. The works at this exhibition ranges from151 words
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Article162 2002-08-31 15 THIS exhibition is an attempt by two Australian artists to capture images of Asia which they see as slowly vanishing. Photographer Anthony Anderton collaborates with painter Glenys Flynn-O'Neill. Anderton left the corporate life, when his wife accepted a diplomatic posting to Singapore, to take up writing and162 words
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Article88 2002-08-31 15 A STATISTICAL analysis by the National Arts Council shows that the visual arts here are doing well. There were about 500 exhibitions last year, and more of them were exhibitions by local artists. Commercial galleries were the main organisers of visual art exhibitions. The government has88 words
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Article108 2002-08-31 15 CHEAH UI-HOON - Compiled by CHEAH UI-HOON WHAT happens after graduating from art school? Can artists still practise their art amid demanding jobs, and still be cutting-edge and commercial? Veteran artist April Ng Kiow Ngor, who lectures in print making at the Nanyang Academy of Fine Arts, is aware108 words
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Article, Illustration478 2002-08-31 15 Cheah Ui-Hoon - By( Cheah Ui-Hoon WHAT does an artist do when he wants to "move on" to new directions in his work? One way is to put up a memorable exhibition to recap his works of the last 10 years. Capped yes. it carries more than one connotation when478 words
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Article, Illustration1148 2002-08-31 15 Transaction date: A tig 30 DfTERBAlfK CROSS RATES A$ CS Bmb Euro HKS Ind Bs Bupian Yen Won BW HZS Pat Bs Peso S$ Band Sfr WT$ Baht Pound USS Australia 0.862 4.593 0.5*2 4.317 26.845 49.036 0.653 6.652 2.103 1.176 32.833 28.704 0 968 5.880 0 826 181,148 words
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Advertisement26 2002-08-31 15 Capped, at the uarehoum'on Mohd Sultan Road <near the Singapore Tyler Print Institute), until Sept H. Viewing hours are from 1 am to 8 pm daily.26 words
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what's in style
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Article, Illustration1601 2002-08-31 16 PARVATHI NAYAR - It's a double treat when fine arts and fine dining come together, says PARVATHINAYAR PARVATHI NAYAR FOOD/ ART. La Stella/Singapore Tyler Print Institute (STPI), La Fete du Cuisinier/Sculpture Square, Paladino/Singapore Art Museum (SAM), Indochine/Asian Civilisations Museum (ACM), American Pop Art/Ritz Carlton. Slashed pairings that can read, too,CHRIS LOH - 1,601 words
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Page 16 Advertisements
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Advertisement9 2002-08-31 16 #fr 111 OH I Singapore's |f women chefs piu9 words
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Advertisement6 2002-08-31 16 a L W weekendßT Brother Joseph6 words
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