The Business Times, 28 September 2002
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2002-09-28
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The Business Times
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Title Section12 2002-09-28 1 MITA(P) 010/03/2002 85« THE BUSINESS TIMES weekend SINGAPORE SEPTEMBER 28 29. 200212 words
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655 2002-09-28 1 Andrea Tan - Decline attributed to cheaper private housing, use of CPF for down payment Byi Andrea Tan [SINGAPORE] Hit by a migration of buyers to the now more affordable private housing market, prices of five-room and bigger Housing Development Board resale655 words
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Article, Illustration661 2002-09-28 1 Catherine Ong - EXCLUSIVE Making an announcement could compromise the probe, says head of regulation Byi Catherine Ong [SINGAPORE] A senior Singapore Exchange (SGX) official has defended the organisation's policy of keeping mum on investigations it carries out into listed companies. Alan Shaw, SGX's head ofCHRIS LOH - 661 words
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Article, Illustration139 2002-09-28 1 Toasting a century at Allen Gledhill [SINGAPORE] More than 800 people from a slice of Singapore's business and professional society were at the Shangri-La Hotel last evening to centenary of Singapore's leading law firm Allen Gledhill. To mark the event the firm donated half a million dollars to various bodies.ARTHUR LEE - 139 words
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Article, Illustration972 2002-09-28 1 quak hiang whai - S A T URDAY SOAPBOX it's a phenomenon Hurt sJmpty reflect! the growing influence and liberalisation of the Chinese economy quak hiang whai WHEN I was based in Hong Kong, I heard a joke that if one in four people on earth is972 words
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354 2002-09-28 1 Quak Hiang Whai - Byi Quak Hiang Whai [SINGAPORE] The Overseas Union Bank brand and logo will soon be history. United Overseas Bank, which last year took control of OUB, plans to convert all OUB branches into UOB outlets by the end of354 words
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Page 1 Advertisements
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Advertisement21 2002-09-28 1 WHATS IN STYLE M mt Lan vin returns to creme de la creme of high society. PAGE 16 **********11 8 '*****1'*****421 words
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Advertisement11 2002-09-28 1 UJjfe I TRAVEL Play elephant polo in Hua Hiii. PMfiE 1311 words
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Advertisement10 2002-09-28 1 MOTORING Christopher Tan picks the year's two best cars PHGE910 words
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Advertisement7 2002-09-28 1 I*- Greenspan 11 is human after all7 words
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next page
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Article, Illustration604 2002-09-28 2 r sivanithy - r sivanithy THERE'S no painless way to say it, so here goes: this is a wretched stock market with little in the way of redeeming features. It lacks depth, breadth and liquidity three basic prerequisites for any market worthy of the label "stock market". What604 words
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Article69 2002-09-28 2 sti 1,373*0 (+17.60) ST INDEX FUTURES 1,381.00 (+23.00) StMSCI FUTURES 170.80 (+3.90) Friday Change KLSECOMP 647.36 +7.53 NIKKEI 225 +***** HANG SENG 9,294.46 +23.75 SET INDEX 338.72 +2.90 JAKARTA COMP _4I2.97 +1.03 MANILA COMP .1,***** 1.07 TAIPEI WPI 4,208.80 -13.42 SEOULCOMP 663.72 +1J1 SHENZHEN B 231.61 -0.18< AUSTALLORD £965.6069 words
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Article66 2002-09-28 2 FOREX RATES US* S$ US$ (S$ per US$) 1.778 £(US$/S$ per 1.559 1772 El'RO(l'S$/S$/E) 0.978 1.740 YEN 1215 68.90 RM 3.800 1137 HK$ 4586 BAHT 43.43 2442 RUPIAH 9,011 5,067 PRIME HATES SINGAPORE* 5.25 KlIALA LUMPtfR 640 HONG KONG 5.125 JAKARTA 3900 TAIPEI 6 625 TOKYO 1.375 SEOUL 95566 words
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618 2002-09-28 2 Jennifer Lien - Milken Institute says such investments critical in deciding fate of US regional economies From* Jennifer Lien in Silicon Valley THE rah-rah days of Silicon Valley may be a thing of the past, but not focusing on high tech would be a big618 words
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402 2002-09-28 2 Proposal to allow direct trading part of more to shake up financial markets, says report AFP [LONDON] Rules forcing investors to buy and sell shares through stock exchanges only would be scrapped across the European Union under a proposal to shakeAFP - 402 words
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334 2002-09-28 2 Serena Ng - It had used fake invoices to cut income, court hears By I Serena Ng [SINGAPORE] Hard disk drive seal maker Clean seal Pte Ltd, a subsidiary of unlisted firm MI Holdings, made out false invoices totalling $277,100 over two years, which reduced its334 words
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444 2002-09-28 2 AP, Bloomberg [WASHINGTON] The US economy grew at an annual rate of 1.3 per cent in the second quarter, slightly stronger than previously thought but still a dramatic slowdown from the beginning of the year. Growth of after-tax corporate profits slowed.AP,; Bloomberg - 444 words
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Page 2 Advertisements
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Advertisement8 2002-09-28 2 PB Hi spending to remain down, Pg 68 words
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in the news
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Article476 2002-09-28 3 David Boey - But SembCorp preferred to give its shareholders the chance to buy a direct stake in SFI By David Boey SEMBCORP Industries says its parent Singapore Technologies wanted to buy its entire 75 per cent stake in Singapore Food Industries (SFI) but SembCorp preferred instead476 words
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226 2002-09-28 3 Kelvin Lee - MAILBAG Kelvin Lee Senior vice-president Group corporate relations SembCorp Industries WE would like to thank Denis Distant for his letter "A better distribution of SembCorp's SFI shares" (Mailbag, Sept 24). A distribution in specie of SFI shares will be equivalent to226 words
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Article, Illustration322 2002-09-28 3 Reuters ONCE a showpiece of Singapore's high-tech ambitions, Chartered Semiconductor Manufacturing has been deserted by investors after losing US$6OO million over 18 months, but some analysts now feel the stock may be worth buying. The company has lost three-quarters of its market valueReuters; Source: Bloomberg - 322 words
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Article187 2002-09-28 3 BETTER cost control and improved sales in China property projects helped Tuan Sing Holdings cut its interim losses by more than half to $12.97 million, from $29 million as at end June 2001. Turnover rose 18 per cent to $189.1 million, from $160187 words
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IN BRIEF
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Article67 2002-09-28 3 ao 11 nuiumgs nas crasoea into tne red with an interim loss of $9.7 million—a sharp reversal from profits of $601,000 at half time last year. Asti's first-half sales dived 30 per cent to $33.2 million. Asti. a supplier of inspection equipment and tap* reels67 words
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Article53 2002-09-28 3 Reuters Ltd said yesterday its British subsidiary had secured a £1.6 million (554.4 million) contract from Environment Agency, a OK government-ftmded body. The contract was for a web-baaed monitoring system. CSE said the deal would have a positive contribution to its bottomline for theReuters - 53 words
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Article39 2002-09-28 3 Reuters IRE Corp said net loss narrowed slightly in the six months to June 30,2002 to 92.61 million from a toes of $2.70 million a year ago. Turnover fell t0668-01 million from $106.81 million.—ReutersReuters - 39 words
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Article39 2002-09-28 3 Reuters NTI International said net loss worsened in the six months to June 30,2002 to $1.10 million from a km of $0.75 million year ago. Turnover was $10.43 million from |6.4S million. RattenReuters - 39 words
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Article35 2002-09-28 3 Reuters YONGNAM Holdings said net loss deepened in the six months to June 30,9002 to $12.9? million from a $11.19 million k)ee year ago. Turnover rose to $37.03mi11i0n from $29.44 million.—RattanReuters - 35 words
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Article91 2002-09-28 3 Reuters f kin i ku circuit boards maker Trt-M Technologies (S) Ltd said yesterday it plans a three-fbr-10 rights issue to raise $4.55 million. The renounceabte non-underwritten rights shares arill be at $030 each. The proceeds arill be used to meet working capital requirements, upgrade plantReuters - 91 words
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46 2002-09-28 3 Reuters CUPSAL Industries sskl net profit wss down 35 per cent in the six months to June 30,9002 to $133 million. Turnover was $88.72 million from $Mjo6 million. A dividend of 2 cents per share was proposed against 2£ cents previously. —RattanReuters - 46 words
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64 2002-09-28 3 Reuters iuan ho Bearings said net profit was up 35 per cent in the six months to June 30,2002 to $OJB million. Turnover foil to $3040 million from $3&25 million. It said the higher profit was due to a reduction of operating expenses, reductionReuters - 64 words
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Article, Illustration530 2002-09-28 4 Kalpana Rashiwala - EXCLUSIVE Two are among frontrannere for Liang Court supermarket space By Kalpana Rashiwala HOMEGROWN supermarket chain NTUC Fair Price and upmarket Japanese specialty food group Meidi-Ya are among the frontrunners for the 45,000 sq ft supermarket spot at Liang Court mall currently occupiedFILE PHOTO - 530 words
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452 2002-09-28 4 Chuang Peck Ming - Toy giant Hasbro to sell StikFas creations worldwide By Chuang Peck Ming HOMEGROWN StikFas touted by the Economic Development Board as Singapore's "first and only original toy design company" has found a playmate in American toy giant Hasbro to help sell its creations in452 words
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343 2002-09-28 4 EYE ON THE ECONOMY ASIAN exports will have a more difficult year in 2003, says Credit Suisse First Boston, which has cut its 2003 GDP forecasts for most Asian economies, including Singapore. US imports from Asia will likely hold out through the rest of343 words
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228 2002-09-28 4 THE Urban Redevelopment Authority (URA) has invited the top two bidders who both offered the same price for a shophouse at Bussorah Street to submit increased tender prices if they wish to do so next Friday. "The land parcel will be awarded to the228 words
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460 2002-09-28 4 Growth prospects for chemicals demand strong, they say Reuters TWO of the world's largest chemical companies, Royal Dutch/Shell Group and BASF AG, yesterday said the uncertain short-term outlook for Asia will not deter them from investments in the region. The prospects forReuters - 460 words
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253 2002-09-28 4 Christopher Tan - By Christopher Tan TRANSPORT operator Comfort Group has secured 180 taxi licences in Jilin City, China, and will be making an initial investment of 30 million renminbi or 556.67 million. A new joint venture started to run the cabs has a registered253 words
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Article, Illustration492 2002-09-28 5 Eddie Toh - Unit will be used to develop relations with all carriers, serve as gateway to S'pore market From Eddie Toh in Kuala Lumpur TELEKOM Malaysia has set up a unit in Singapore, but it's not known if it will play a major role in theREUTERS FILE PHOTO - 492 words
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NOTE BOOK
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77 2002-09-28 5 Bloomberg (KUALA LUMPUR) Renong Bhd plana «o nO RM4OO million (*****.1 million) of new shares to investors, which may include major shareholder United Engineers (M) Bhd, as part of efforts to keep its capital from being wiped out. Renong said losses in theBloomberg - 77 words
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Article77 2002-09-28 5 Bloomberg [KUALA LUMPUR] Petroliam Nastonal Bhd's foreign J currency ratings were confirmed by Moody's Investors Service, damping expectations of an upgrade following a one-notch increase in Malaysia's rating. Moody's kept Its rating on the state-owned oil company at Baal with a stable outlook, unchanged since July last year,Bloomberg - 77 words
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102 2002-09-28 5 AFP tKU ALA LUMPUR] Malaysia has arretted a key Islamic terrorist suspect who underwent training in Afghanistan and has links with international n*h»orkt, police announced yesterday. Police chief Norian Mai told a news conference the man was a leader of the Malaysian MilitantAFP - 102 words
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85 2002-09-28 5 AFP [SHANGHAI] A survey in China found that urban dwellers are becoming increasingly wealthier, holding an average 0f228,300 yuan (5548,784) in total assets, an official government report said yesterday. Urbanites' financial assets accounted for ***** yuan or 35 pear cent of families' total assets, an increaseAFP - 85 words
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103 2002-09-28 5 Reuters [BEIJING] China said yesterday it will allow more domestic firms retain foreign mrrhangp warning* tn help spur their exports and put them on an equal footing with foreign firms. The State Administration of Foreign Exchange said it had issued rules to allowReuters - 103 words
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395 2002-09-28 5 Harish Mehta - They sold USsl3sm this month versus USs4.sm in August From Harish Mehta in Bangkok FOREIGN investors have turned net sellers of Thai stocks, raising fears that the Stock Exchange of Thailand is losing its allure for these big players that dictate market395 words
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Article342 2002-09-28 5 Reuters (HONG KONG] Credit Suisse First Boston (CSFB) has slashed its 2003 economic growth forecasts for most Asian countries, including China, South Korea, Taiwan, Malaysia and Singapore, due to the uncertain outlook for the world economy. "Exports are going to see a significant moderation. ThisReuters - 342 words
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453 2002-09-28 5 Reuters [SHANGHAI] For two and a half years, millions of Chinese stock investors have hung on to his every word. And Zhou Xiaochuan, as chief stock market regulator, managed to say just enough to keep them at bay while tackling a host ofReuters - 453 words
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348 2002-09-28 5 Govt may offer residency rights to Chinese who buy flats in HK: report Bloomberg [HONG KONG] Hong Kong's Hang Seng Index rose for a second day, paced by developers including Sun Hung Kai Properties Ltd, after a newspaper said the government mayBloomberg - 348 words
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306 2002-09-28 5 Reuters [KUALA LUMPUR] Telekom Malaysia said yesterday that the discovery of alleged invoicing discrepancies of US$6B million at takeover target, Technology Resources Industries, might delay their planned merger. It also said the incident could gave it stronger bargaining power and hinted it might notReuters - 306 words
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465 2002-09-28 6 Administration moving fast to usher in a new era of corporate integrity, says Bush Bloomberg, LAT-WP [WASHINGTON] More than 400 investigations into possible corporate fraud are under way since President George Bush took office, the White House said on Thursday. The JusticeBloomberg,; LAT-WP - 465 words
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368 2002-09-28 6 Salomon offer seeks to settle probes by US regulators LAT—WP [NEW YORK] A number of major securities firms have held discussions with US regulators about separating their stock research and investment banking units as a key step towards resolving multiple government investigationsLAT—WP - 368 words
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Article, Illustration310 2002-09-28 6 Reuters [NEW YORK] Pleading guilty to taking part in one of the largest corporate accounting scandals in US history, World Com Inc's former controller told a judge that he was instructed by senior management to falsify the books. David Myers, 44, is the first to pleadReuters; AP - 310 words
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289 2002-09-28 6 Reuters [FRANKFURTJ Deutsche Boerse closed the curtain on the dot-com era on Thursday, announcing it planned to scrap the Neuer Markt growth segment once touted as Europe's answer to the US Nasdaq. The German stock market operator said in a statement the five-year-oldReuters - 289 words
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226 2002-09-28 6 Reuters (NEW YORK] Spending by US businesses is expected to remain depressed for several years as corporations, uncertain about future profits and unable to raise prices, make do with what they have, a panel of market strategists said on Thursday. A falloff inReuters - 226 words
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WORLD WATCH
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76 2002-09-28 6 Bloomberg (SYDNEY] Qantas Airways may have fallen short of its target to raise AsBoo million (*****.2 million) after its shares closed 12 per cent below the price retail shareholders had to pay in a rights offer. The shares yesterday closed at AJ3.70.Bloomberg - 76 words
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62 2002-09-28 6 Bloomberg [TOKYO] Japan's banks don't need an injection of public funds to clean up their balance sheets, a move suggested this week by government offlHala, Minister for Financial Affairs Hakuo Yanagisawa. '1 have no idea where Japan would find room to use public moneyBloomberg - 62 words
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67 2002-09-28 6 AFP [FRANKFURT] The troubled German telephone operator MobilCom yesterday said it was »l»«hing I,Bsojobs from a total workforce 0f5,000 and freeze work on the roll-out of its UMTS (Universal Mobile Telecommunications System) networks in a bid to return to profitability. The aim ofAFP - 67 words
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70 2002-09-28 6 Reuters (LONDON] Britain's rate of economic growth was unrevised at 0.6 per cent in the second quarter 0f2002, official data showed yesterday. But the year-on-year rate of gross domestic product growth was revised up slightly to 13 per cent from a previous estimate ofReuters - 70 words
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70 2002-09-28 6 LAT-WP [WASHINGTON] Congressional investigators were scheduled to interview Philip F Anschutz, a founder of Qwest Communications International, later yesterday about his sale of more than US$2OO million in Qwest stock at a time executives were expressing concerns internally about the company's financialLAT-WP - 70 words
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65 2002-09-28 6 Bloomberg [SAN ANTONIO] SBC Communications, the second biggest US local-phone operator, will cut 11,000 more jobs through early 2003 and take a charge in the third and fourth quarters. The company, which had already cut 10,000 jobs this year, will also reduce capitalBloomberg - 65 words
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Article, Illustration701 2002-09-28 7 Greenspan laces a barrage off criticism for his handling off the 1990s stock market bubble Reuters PERHAPS Alan Greenspan is human after all. On the day he was knighted by Britain's Queen Elizabeth for promoting global stability, the Federal Reserve chairman faced aReuters; REUTERS - 701 words
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Advertisement66 2002-09-28 3 I 4 O PRESENTING THE TIFFANY MARK™ INSPIRATION: 19TH CENTURY TIFFANY POCKET WATCHES MOVEMENT: PURE SWISS PEDIGREE ARCHITECTURE: UNIQUE 5 AND 4-PIECE TIFFANY CASEMENTS METALS: PLATINUM. GOLD, STAINLESS STEEL REWARD: A LIFETIME CLASSIC Tiffany&Co. The Tiffany Mark Collection, from $2,350 to $102,000. To see the collection, or for a complimentary66 words
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Advertisement1528 2002-09-28 4 If CUPSAL Clipsal Industries (Holdings) Limited I (Incorporated in the Republic of Singapore) Announcement off Unaudited Results and Dividend For the Six Months Ended 30 June 2002 Dm Board of Directors of Clipsal Industries (Holdings) Limited announces the unaudited results of the Group for the six months ended 30 June1,528 words
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Advertisement548 2002-09-28 5 Originating Summons In the Matter of Number 1242 of 2002 Z) SembCorp Marine Ltd (RC No. *****0098Z) And In the Matter of Section 210 of the Companies Act, Chapter 50 under Section 210 of the Companies Act, Chapter 50 Between SembCorp Marine Ltd And the Scheme Shareholders (as defined herein)548 words
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Article3012 2002-09-28 6 UNIT TRUSTS FUNDS Com Global Health Index Fd 0762/ Com Global Telecom Index Fd 0.342/ Com Global mfotec Index Fd!** 0.237/ uh iM. im K'w«i Com Global Energy Index Fd 0.778/ 0.570/ Com Global WTlndexFd 064V s£ Europe BT *55! S P°" *«J/ A 1»» Star Europe Bal 0 J11/3,012 words
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Article5109 2002-09-28 7 Transaction date: Sep 27 for live prices, log on to wiiwxisicurriemarketsxxm U« 1M toy LartQaMa GrfNv Ohr GrtW tot WCm la» Cmmm Me W- f866> l—i t—r torm Mhi Cw Hi >3 ABNAmroNLG56c 9 -12 14 MIA 2ft5 9 AC£ Dyrwr»cs20c 10 10 12 0.7 13 16.7 195,109 words
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Article55 2002-09-28 7 J2L -f? Q—»_ n. GfTM MM MC> *r L 1 Eaa M» w- f—> U» —»«r Sdbr cv Pf >3 10J» 7770 Dniumfc inaQ20 -MO 1020 8020 MOO a» ISDJUST«d> US32SO S7J MO ISMJOSpore USSSB IIHOIffiOO ISSAKOO US***** ***** 1330 90B US9100 I 1KB 13* STIETF100 1419 *1655 words
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Article1261 2002-09-28 7 j£j*- a w. lis tjl 12 5 113 M 7A jti *5 ASAutolOc 20 ireh 27 20 5 20 195 21 M- 263 515 115 ASTllOc M -1 488 14.5 135 13.5 14 29.5 173 MaIMtfcSc 7 -1 841 7.S 7 7 7 5 203 23 5 AHwMkrofc1,261 words
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Article368 2002-09-28 7 SMft Laat *M Day UMQaa* GrtMn Ho GrVM MM WCm> U» C—p—y Ml W- PW> t— —>» tdte Cw m fcj 1» 70 AVJemngt A2Sc M2 uncti 4 82 «2 815 S2.5 40 3.4 4 8 1715 CjtftayPacSc HK72i 265 2.1 74 6 Chnng KongSOc HK17S0 240 6.3368 words
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in focus
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Article, Illustration1194 2002-09-28 8 LOH HUI YIN - DBS recently completed a major integration project at its Hong Kong operations. Randy Sullivan the group's country head in the territory, tells LOH HUI YIN of the benefits of the merger and its plans in China LOH HUI YIN THE people at DBS Group1,194 words
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Article, Illustration519 2002-09-28 8 CORPORATIONS and midmarket customers like local enterprises will be a main plank of DBS Bank's Greater China strategy as it grows its business in this area. "Right now our strategy continues to be to focus on our customers, to follow them to mainland519 words
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Page 8 Advertisements
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Advertisement38 2002-09-28 8 w I yf M j. I I 1000 K WjF Mrs SINGAPORE SME 500 2002/2003 fctinitMKj Smftprnt twnwt Co#|ewAow SmkJ <jmJ Kimkvm (SMt^ LI. I kikk t Ranking Body Publisher WMmmwmmmtmmlmmmm *iw»«n|)o|i I wrmowtFTiLro "iSi S £SJS THEBUSINESSTIMES38 words
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Advertisement1140 2002-09-28 8 Sinco 1975 our worldwide staff of over 275 multi-disciplined professionals V includmq lawyers chartered accountants J; 4 K chartered secretaries and bankers have f 8 1 provided confidential and cost effective fIL company formation in all the major low tax areas including -rv»?7"a: "tpTSjrr* >r. *S9*» 1 ke-.v A Incorporation1,140 words
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what's in style motoring
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Article, Illustration735 2002-09-28 9 David Boey - David Boey subjects himself to high-speed antics in Audi's hypnotic quattro experience David Boey The writer is a BT journalist THE Audi driving experience hosted by local Audi distributor Premium Automobiles last week proved to be such a rip-roaring success that the company is gearing up735 words
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Article, Illustration647 2002-09-28 9 CHRISTOPHER TAN - CHRISTOPHER TAN names the year's top two picks CHRISTOPHER TAN STILL some months to go before we bid 2002 adieu, but I'm pretty sure I've already driven the year's best pair of cars: the BMW 318iA and the Mercedes-Benz E320 Avantgarde. The latter is quite a surprise, because647 words
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Article253 2002-09-28 9 AFP [FRANKFURT] Volkswagen Group, Europe's biggest car maker, will phase out its Lupo and Audi A 2 models, chairman Bernd Pischetsrieder said in a German newspaper interview published this week. VW "will tighten up model range across all brands", Mr Pischetsrieder told the daily Die Welt.AFP - 253 words
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BRAVE NEW WHIRL
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111 2002-09-28 9 BMW will showcase the bold and beautiful Z4 roadster at the Singapore Motor Show in November. The Z4 has all the essentials of a good roadster: comfort, room, stowage for two golf bags, electric soft top, and two choices of six-cylinder engines. There is a111 words
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Article69 2002-09-28 9 SAAB owners raised over $50,000 for The Children's Charities Association at The Saab Charity Golf Tournament on Wednesday. The fund-raising effort enjoyed the support of nearly 150 participants. It was organised by Saab distributor Trans Eurokars. The money collected will be divided equally among six member69 words
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Article129 2002-09-28 9 MALAYAN Motors is the first motor trader to announce what it will be displaying at the Singapore Motor Show in November. The highlight of its display will be the Jaguar R Coupe concept. The sexy four-seater luxury sports car points to Jaguar's styling direction for the129 words
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Article, Illustration120 2002-09-28 9 Christopher Tan - Compiled by Christopher Tan VOLKSWAGEN Group is showcasing three beefy cars at the Paris Motor Show this week. Under the VW brand, there is the R32, the most powerful Golf ever. It has a 3.2-litre V6 producing 241 horsepower, enabling it to take off from120 words
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Article4281 2002-09-28 10 i Transaction date:Sep 27 for more, go to wwwjOLsiaoiwnmarketsjxmi HONG KONG JiangsuExpressH 2.10 unch 495 JM Jiangnj Nandasoft Co H 0.52 0.01 i m Jiangxi Copper H JO.72 0.02 194 «inh.r.n.,.i WinChemmdH 0.50 unch 74 52? J"® Jilin P Hun Chgtng Bio H.....0.32 unch 1i 1380 5SS, T4,281 words
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in the money
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Article, Illustration1472 2002-09-28 10 teh hooi ling - SHOW ME THE MONEY teh hooi ling ASSET allocation is one of the most important decisions in the investment process. Studies have shown that it could determine more than 90 per cent of the returns variability of portfolios. Basically, asset allocation is about the apportioningAP FILE PHOTO - 1,472 words
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784 2002-09-28 11 Teh Hooi Ling - money TALK By' Teh Hooi Ling THE mutual fund sector in Singapore has flourished in the last few years, with many asset management companies heavily promoting their funds and attracting investors. In the last few years, too, we have seen broking commissions decline substantially. So,784 words
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Article, Illustration541 2002-09-28 11 WHEN it comes to making money, time is of the essence, a survey of Singaporebased online investors indicated. The majority of those polled preferred self-di-rected investing due to the ease of making transactions. Buy and sell decisions are executed immediately, thanks to the availability of toolsFILE PHOTO - 541 words
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Article543 2002-09-28 11 Patrick Peck - Slats retains 'hold' recommendation By Patrick Peck The author is vice-president at Paris-based JCF Group JCF Group received 22 opinion changes, of which 12 were upgrades and 10 were downgrades. Much of the Singapore market's focus this week was on Chartered Semiconductor Manufacturing and ST Assembly543 words
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Advertisement26 2002-09-28 10 Lianhe Zaobao I I Many listed firms I mi I with rights I I I I stock market I I woes I I I I I26 words
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Article663 2002-09-28 11 for week beginning Sep 23 dm tr** or tmmm tm m a— m w JM* 03» 1J5L 0.06 0341 150* ***** 1171 030L A«i»Eoqdl*cp2S-5«p I 10.36n. 1543* OJCL 5J3». **»**«> J ***** M7«. 2m 14* Aurino 20-Vep f UM. sm 3 35 US gg* iT ir663 words
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Page 11 Advertisements
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Advertisement7 2002-09-28 11 Brought to you by: £3 DBS BANK7 words
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week in review
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Article, Illustration1022 2002-09-28 12 For the full stories, visit http://business-times.asial.com.sg Infocomm tech sector target up to 10% of GOP by 2012 Sept 24 THE ICT (Infocomm Technology) industry already one of the fastest-growing and most productive in the services sector will contribute up to 10 per cent of Singapore's GDPFILE PHOTO - 1,022 words
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Article308 2002-09-28 12 EDfTORML Sept 26 Not too hot, not too cold THE US Federal Reserve Board was right not to lower interest rates when it met this week, even though two of the 12 members of its rate-setting Federal Open Market Committee voted for a cut A reduction could308 words
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Article2090 2002-09-28 12 Transaction date: Sep 27 KUALA LUMPUR fw*Nwt 350 nn 4 Val W 1.75 -041 1 m *4- r*M) fWHAmnes 0.18 unch 0 Gadang 0.99 0.0* IS A ft M Realty 048 0.01 1 Gamudi £75 0.05 1392 Abric 0.97 Ml 72 GanadCotp 475 441 2 ACP Industries .3.00 GeneralOip2,090 words
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Article415 2002-09-28 12 Transaction date: Sep 27 a_aa_a*j_eesa f fer-Ilir- siS m- Ifi fc- 11 5 SijzL I S 3 w J§ Ifes. 21« gar 1» sl« ga ss wwuwr—I WUBM m mm w+ t* m* yy, 55 <tjn zxm £>. HM" llll| l**l| »U* MIT 1QJW *072 72* SUD1 «u» UJM415 words
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Article592 2002-09-28 12 BONDS WARRANTS 1M Ca» E»ar TC fior'SZ Mi CI Mm hi U» ASTHMM0B1 ,73 1 M 139 050 21 Aone Ud W*****6 1 15 S 1 SO 7(3 ZOO 26 '-5 ISO 1 33 -1 1J1 J3 ArmBrong WM0520 1 1 10 100 5.50 20 0ar6*SMB*****0k KM Bar 6 S*******1592 words
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what's in style travel
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Article, Illustration1287 2002-09-28 13 GEOFFREY EU - GEOFFREY EU minds his feet while full-grown elephants chase a small white ball GEOFFREY EU WHENEVER the King of Thailand is in residence in the relaxed royal resort town of Hua Hin, a quick glance out to sea will reveal two Thai Navy frigates anchored imposingly inAFP PHOTO - 1,287 words
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Article, Illustration758 2002-09-28 13 vijay verghose - TRAVELLING LIG H T vijay verghose The writer is a Hong Kong-based journalist THERE WAS a civilised time once when televisions were black and white and no matter what you were viewing Kovalam in Kerala or a beach in Pattaya758 words
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Advertisement252 2002-09-28 13 wine&dine with weekendßT *01-00/K2, Wheelock Place. Te1:6t3534M Pmlnmla Excelsior Hotel. Level I TeL 641t lilt Li TeLe7l744U Er\|oy a sumptuous meal or simply a #ass Weekend and pMc holiday buffet lunch Is n Ds» on ttwibmousHainarm chicken to* the I*9 B World's Beet 100 New Restaurwtts In Owi* Abet crfwine252 words
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what's in style shopping
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Article, Illustration657 2002-09-28 14 CHEAH UI-HOON - America's most noted jeweller and Swiss master watchmaker Antoine Prezuiso conspire to produce the Opus 11. CHEAH UI-HOON admires the results CHEAH UI-HOON WHEN you have the reputation of being the most famous American diamond jeweller and have held more of the world's major diamonds than657 words
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301 2002-09-28 14 Cheah Ui-Hoon - By Cheah Ui-Hoon BEING a tenant in a shopping mall is one thing. But if you're a big tenant, that may not be enough. This is why some big retail players are finding it worth their while to move into property investment as well. NTUC Fair301 words
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Article, Illustration206 2002-09-28 14 OCTOBER is a little early for Christmas shopping, for sure, but when you have a treasure trove of classy and originallydesigned accessories, textiles and handicrafts on sale from India, the time of i the year isn't a reason to hold back. The Ladies Wing of the Indian Merchants'206 words
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IN STORE
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Article, Illustration115 2002-09-28 14 What's new in stores this week LOOKING for a fashion statement you can wear at the office? With a label like Alain Figaret, you may well get colleagues talking. Female ones, too. The most impressive feature of Alain Figaret shirts is the fine detail in the finish.115 words
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Article, Illustration110 2002-09-28 14 It's called the Relaxer Set. How else but to chill out or just doze off once you slump into one of these cosy chairs? Made of Keruing wood, a reddish brown medium hardwood, the set comprises two foldable chairs and a foldable table and transforms your garden110 words
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Article, Illustration107 2002-09-28 14 Golfers, fumble no more when you need a ball mark or some other accessory at the far end of the course thanks to this mini tool kit from Taiwan. Called the Tics Golf Card, the credit card-size case incorporates a host of mostneeded tools on the107 words
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Article, Illustration77 2002-09-28 14 Need something soothing to counter the negative vibes in your ten-sion-filled cubicle at the office? Try placing one of these dainty flower oil lamps on your table or PC. Or better still, put one next to the IN tray. You'll find them especially emollient on rough days. The77 words
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Article152 2002-09-28 14 ——to WaNc As part of the build-up to the Million-dollar Duck Race 2002, the mall is offering the first 100 shoppers who adopt a duck this week a 20 per cent discount voucher at Hairitage. It costs only $10 to adopt a duck. And proceeds will go to The152 words
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Page 14 Advertisements
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Advertisement11 2002-09-28 14 Men as women And the men just don't get it, says11 words
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what's in style art
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Article545 2002-09-28 15 CHEAH UI-HOOH - A weekly roundup ofevents Compiled by i CHEAH UI-HOOH The war yean The war years aren't usually covered in visual art, but one leading pioneer artist has broached this sensitive theme. In Liu Kang: Drawn from Life, the exhibition highlights Liu Kang's Chop Suey series, drawings he made545 words
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Article, Illustration549 2002-09-28 15 ARTHUR POON - ARTHUR POON meets Madhu Jain, the only Indian artist who paints Indian imagery with a Japanese technique ARTHUR POON ART'S role in diplomacy is often cited; however, artists like Madhu Jain do more than just bridge different cultural traditions, they create new artistic expressions besides making549 words
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Article, Illustration653 2002-09-28 15 GEOFFREY EU - The workspace revolution has begun. By GEOFFREY EU GEOFFREY EU REMEMBER the days when having your own corner office and unobstructed views to the horizon symbolised the summit of your career? When reaching the top of the corporate ladder meant a desk the size653 words
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Article, Illustration982 2002-09-28 15 Transaction date: Sep 27 DTTBEBAMK OOSS KATBS c$ mm tm m mm o»m tm mm m m mn n» it tm m m* fmm m kmMto 1099 4527 05M CBS 2BJ91 49.160 04M UN 2273 UM ***** 2UK 0.97V 5.75B G20 ***** OH) USB 1MB C«MM UM l» 0449982 words
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Page 15 Miscellaneous
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Miscellaneous207 2002-09-28 15 OKVPTIC CROSSWORD ACROSS 3 Very nervous 38 pregnant 1 p p 4 p p J 8 <U 12 cone? I, 8 £S£S?(SS U M ■"fl~ 14 Sta^«nS l ro 3) 11 nn n nn n Replace a ou t strongly-built create tumult 19 tear 16 (^,u| type mak n 9207 words
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what's in style
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Article, Illustration1882 2002-09-28 16 CAT ONG - France's oldest fashion house is primed for a revival with new Asian investors and fresh design talent CAT ONG witnesses the awakening of a 'sleeping beauty' CAT ONG WHEN the new 1,500 sq ft Lanvin shop opens in Takashimaya in Ngee Ann City next week, there won't be1,882 words
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Page 16 Advertisements
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Advertisement15 2002-09-28 16 ■TO I art ■Mil WMBRmmtofouii iinaisery, iU I Japanese technique ■Hlß9flHN*ttures. PMC IS !?l 'ARM ?*.<15 words