The Business Times, 19 October 2002
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2002-10-19
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The Business Times
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Title Section20 2002-10-19 1 MITA (P) 010/03/2002 85c THE BUSINESS TIMES weekend SINGAPORE OCTOBER 19 20, 2002 'l IK'H t /'blJSHlfr'j j COTt; S(J20 words
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790 2002-10-19 1 Kenneth James - Sector should account for at least 20% of GDP: panel By\ Kenneth James [SINGAPORE] It's faced with growing competition at both the low and high ends, but Singapore's manufacturing sector can stay ahead by playing smart and bringing high operating costs790 words
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Article, Illustration1215 2002-10-19 1 Wong Wei Kong - But those with market capitalisation of $20m or less ss at Sept 30 given one-year waiver Byy Wong Wei Kong [SINGAPORE] Despite reservations from some quarters, the government has decided to implement mandatory quarterly reporting as planned from Jan 1 next1,215 words
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774 2002-10-19 1 S A T URDAY SOAPBOX Catherine ong INTERLUKINES and kilo-labs, whatever they may be, aren't the only things that get Patrick Gyselinck all charged up. When the managing director of Schering-Plough in Singapore talks about the Republic and its achievements. he sounds almost like774 words
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Page 1 Advertisements
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Advertisement25 2002-10-19 1 nrjLJ WHAT'S f* IN STYLE w* Changing the face of Singapore's home interiors. PAGE 16 Demonstrating value of manufacturing, Pg 3 More reports, Pg 325 words
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Advertisement16 2002-10-19 1 IN THE MONEY Is high dividend the best for Singapore companies? PAGE 10 lJ* l Jlflll16 words
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Advertisement189 2002-10-19 1 tofrjSggjß MOTORING Volkswagen Phaeton: new-age limo or just a big Passat? MfiE 9 HHININE Manila blast: ri|Mn markets take HiHBHi a hit. nwe« Full text of Pillay's letter, Next Page Auditors await decision on audit exemption, Pg 4 Commentary: More does not always mean better, Pg 4 LUC A proud189 words
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next page
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Article, Illustration624 2002-10-19 2 r sivanithy - Woes quickly forgotten —but for how long? MARKET REVIEW J r sivanithy HOW quickly they forget. The week started with worries that the Bali tragedy would exert a lasting drag on stock prices. But come Friday, Bali was not the main topic of conversation. It was no longer a "serious"624 words
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Article75 2002-10-19 2 Dsn 1*461.39 (4.63) ST INDEX FUTURES 1*457.00 (-13.00) SIMSCI FUTURES 181.80 (-1.10) Friday Change KLSECOMP ***** +1332 NIKKEI 225 9.086 13 ***** HANG SENG 9,613.07 +36J2 SET INDEX 342 46 »92* JAKARTA COMP ***** ♦5.80 MANILA COMP .1.***** 1191 TAIPEI WPI 4.45* 17 ****** SEOUL OOMP ***** *2613 SHENZHEN75 words
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Article73 2002-10-19 2 FOREX RATES U8S S$ I SS (SS per I SS) 1.789 £(l'S$/S$ per 1.543 1761 R R()(1'S$/SJ/E) 0971 1736 YEN 125.4 7010 RM 3.800 2.124 HKS 7 799 4JS59 BAHT 43.78 24 47 Rl PIAH 9uMW 5,144 PRIME RATES SINGAPORE* _5i5 KUALA LUMPUR 640 HONGKONG 5125 JAKARTA 39.00 TAIPEI73 words
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Article, Illustration511 2002-10-19 2 Serena Ng - Dimmer prospect seen continuing till year's end, says industry association By Serena Ng [SINGAPORE] This week's improved sentiment for Singapore's semiconductor stocks was dampened yesterday by latest figures for US-based semiconductor equipment orders. The book-to-bill ratio fell to below one in September after holdingSource: SB - 511 words
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684 2002-10-19 2 J Y Pillay, Chairman, CCOO - th ni hH r sien L** o 1 on Oct 14. In the letter, the council's chairman, J YPillay also outlined yours sincerely J Y Pillay, Chairman, CCOO THE Council on Corporate Disclosure and Governance (CCDG) has reviewed the proposal for quarterly reporting by listed684 words
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Page 2 Advertisements
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Advertisement124 2002-10-19 2 Since 1975, our worldwide staff of over 275 multi-disciplined professionals ■l 1 V including lawyers chartered accountants B J 4 k chartered secretanes and bankers have A Be provided confidential and cost effective ML company formation in all the major low E& 4 IP? ,a areas including E2^55^ Incorporation Fees124 words
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in focus
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Article, Illustration826 2002-10-19 3 Kenneth James - S'pore can't be evevything to everyone; right choices and balance are vital Kenneth James WHEN Deputy Prime Minister Lee Hsien Loong invited Johan van Splunter almost a year ago to chair a subcommittee that would re-ex-amine Singapore's manufacturing sector, he gave the panelCHRIS LOH - 826 words
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Article, Illustration735 2002-10-19 3 Chuang Peck Ming - BIOMEDICAL Need to grow pool of knowledge workers among other things By Chuang Peck Ming THE timing was near-per-fect. Singapore's venture into the biomedical sciences business two years ago with the dream of making the country a global hub for the industry came735 words
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314 2002-10-19 3 David Boey - By David Boey WHAT do environmental is sues have in common with plans to grow Singapore's transport industry? Plenty the Economic Review Com mittee's subcommittee on manufacturing says in a report issued yesterday. In its review of the transport cluster,314 words
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436 2002-10-19 3 David Boey - ELECTRONICS Sector's poor perception partly why S'poreans shun these jobs By David Boey MANUFACTURERS have been urged to energise their sector's dowdy image among job seekers to help overcome one of the hurdles that could crimp its growth high dependence on foreign labour. As436 words
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Article432 2002-10-19 3 Chuang Peck Ming - CHEMICALS And encourage pooled production off steam and electricity Ryi Chuang Peck Ming YOU would never have guessed it. The chemicals business in Singapore which includes petroleum, petrochemicals, and specialty chemicals does find the power supply here pricey, although part of it provides the fuel to432 words
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in the news
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351 2002-10-19 4 Siow Li Sen - CORPORATE GOVERNANCE icpas proposes tnresnoid criteria to exempt private companies in place off recommendation before government B, Siow Li Sen AUDITORS say mandatory quarterly reporting for listed companies may boost their revenue only slightly. But what's of far greater concern to them is351 words
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Article321 2002-10-19 4 Companies with market capitalisation of$20m and bekyw as at Sept30,2002 COMPANY (S$M) I COMPANY (S$M) 1 LHTHkJgs 20.0 52 TopGUobai 12.2 2 Network Foods 1M 53 Circuits Plus 12.1 3 Easycall 1M 54 ColexHWgs 11.9 4 Easyknit 19.1 55 Tastyfood 11.4 M 56 Ftextech 114 6 UonTeckChiang 1M321 words
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Article, Illustration265 2002-10-19 4 Serena Ng - By Serena Ng CONTACT lens maker and distributor Oculus yesterday said it will issue 6.8 million new shares at 8.1 cents each to a new investor, Ong Pang Liang, to raise cash of $0.55 million. The subscription shares represent about 9.3 per centFILE PHOTO - 265 words
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Article, Illustration512 2002-10-19 4 angela tan - COMMENTAR Y angela tan THE government's decision to make all listed companies issue quarterly rather biannual results surprised few. On the surface, it's hard to quarrel with the move: the more frequently a company updates its shareholders and investors, the better. Afterall, who wouldn't512 words
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331 2002-10-19 4 Ven Sreenivasan - Ven Sreenivasan CHARTERED Semiconductor Manufacturing's stock continued to hog the limelight yesterday, again heading the volume list with almost 41 million units changing hands as it slipped a cent to 99 cents. But not before it hit an intra-day high of $1.03 prompting331 words
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460 2002-10-19 4 Conrad Raj - H has been paring its 7.71% stake since the start of October By Conrad Raj TEMASEK Holdings appears to be rapidly reducing its stake in BIL International, a diversified company founded in New Zealand but now headquartered in Singapore and controlled460 words
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IN BRIEF
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56 2002-10-19 4 F J Benjamin Holdings said it is in the early stages of reviewing its sub-distributorship arrangements. Responding to a query from the stock exchange, it said it was not aware of any material information that could have a significant effect on the trading volume and56 words
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63 2002-10-19 4 NERA Telecommunications' net profits for the nine months ended Sept 30 rose 55.6 per cent to $17.1 million, despite a 31.4 per cent drop in turnover to $129.4 million. Earnings per share was up from 3.06 cents to 4.76 cents, while net tangible assets63 words
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43 2002-10-19 4 ASIATRA VEL.COM Holdings Ltd said the company's overall performance will not be affected by the bomb blast last weekend, as Bali is not its major business destination and contributed less than 1 per cent of its total revenue.43 words
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88 2002-10-19 4 SINGAPORE Exchange Limited (SGX) said that its Eurodollar and MSCI Singapore Stock Index futures contracts hit new daily open interest records on Thursday. Eurodollar futures set a record open interest of201,997 contracts compared with the previous record of 191,763 contracts set on 12 September 2001.88 words
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Article57 2002-10-19 4 CLIPSAL Industries (Holdings) Limited said one of its wholly owned subsidiaries, Burgess Investments Limited, has acquired an additional 5 per cent equity interest in an associated company, Lighthouse Technologies, from one of the existing shareholders unrelated to the group. The company paid HKI16.7 million to57 words
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50 2002-10-19 4 MAINBOARD-LISTED telecommunications equipment manufacturer Giant Wireless Technology has set up an R&D centre in Singapore with an authorised capital of $2 million. The centre is a 100 per cent owned subsidiary of Giant Wireless and brings the group's R&D network to six centres worldwide.50 words
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Article29 2002-10-19 4 UNITED Food Holdings has appointed Chin Hon Siang as its new chief financial officer. Mr Chin was previously with Ernst Young and Arthur Anderson.29 words
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51 2002-10-19 4 aw explosive and ordnance disposal team and arms explosives search dogs have been deployed at Woodlands Checkpoint as part of security measures at Singapore's borders, the Defence Ministry (Mindef) said in a statement yesterday. The dogs are trained to detect hidden arms and explosives, said51 words
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499 2002-10-19 4 Conrad Raj - SFI 9-mth profit up 10.5% on strong overseas showing, cost control By Conrad Raj SINGAPORE Food Industries, control of which is being passed from SembCorp Industries to parent Singapore Technologies, yesterday announced a $46 million bid for the 70 per499 words
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Article, Illustration554 2002-10-19 5 Vikram Khanna - Private sector-driven Network India will help companies identify opportunities and partners By Vikram Khanna THE new business forum, Network India, which was launched yesterday, will help Singapore and India leverage fast expanding business opportunities, including in new areas, according to industry leaders fromARTHUR LEE - 554 words
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Article262 2002-10-19 5 Christopher Tan - By Christopher Tan ENTREPRENEUR of the moment Peter Kwee has won a case against a Malaysian company which he sued to recover a RM7 million (553.3 million) loan. He will get the money he lent Biogenics, an asset-holding company, plus RM1.68 million in interest, as262 words
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Article154 2002-10-19 5 SINGAPORE will host the International Federation of Park and Recreation Administration (IFPRA) AsiaPacific Congress next week. More than 150 delegates from almost 20 countries will attend the four-day meeting, which starts on Monday. The theme of the congress will be Parks and Recreation in the Information154 words
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399 2002-10-19 5 Kalpana Rashiwala - It could raise $150-200 m using The Waterina By: Kalpana Rashiwala rKOrEKTY giant CapitaLand yesterday said it is looking into securitising future sales proceeds from The Waterina condominium project, and a potential deal will raise about $150 million to $200 million. This399 words
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262 2002-10-19 5 Audrey Tan - EYE ON THE economy biomedical sciences Byi Audrey Tan ALMOST 80 per cent of respondents in a survey of international and domestic biomedical companies say that Singapore's standard of science is good, but 70 per cent also said that they encounter difficulties in hiring management262 words
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Article, Illustration571 2002-10-19 6 Al Labita - TERROR FALLOUT Peso, stocks plunge after explosion in key financial district; another bomb goes off later, killing 3 From. Al Labita in Manila A BOMB exploded in Manila's financial district of Makati early yesterday, rocking already jittery markets which have yet to recoverREUTERS - 571 words
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457 2002-10-19 6 But investors worry that measures would yet fall short of whafs really needed Bloomberg. NYT AFP [JAKAßTA] As Indonesian President Megawati Soekarnoputri prepared to sign a decree giving the authorities greater power to counter terrorism, some businessmen and investors have questioned if the measuresBloomberg.; NYT; AFP - 457 words
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393 2002-10-19 6 Vince Chong - By\ Vince Chong [SINGAPORE] For Four Seasons Resort Bali, it was like the bombing never happened, judging by general manager Christopher Norton's description of business after last Saturday's catastrophe. "Interestingly and unexpectedly, we did not have a mass exodus of tourists in the few days393 words
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125 2002-10-19 6 Reuters [SHANGHAI] China's Shenzhen Energy Investment Co said yesterday that it has dismissed its chairwoman, just days after Hong Kong newspapers reported that a senior energy executive from another firm was under investigation. The Shenzhen-listed company did not give a reason for the move, sayingReuters - 125 words
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325 2002-10-19 6 [KUALA LUMPUR] Former Renong chairman Halim Saad is against the company's proposed RM4OO million (*****.2 million) special issue or private placement exercise and has suggested other ways in which it could avoid falling under the stock exchange's Practice Note 4 (PN4) category, The325 words
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276 2002-10-19 6 This is to cover costs arising from closure of West Coast ports Bloomberg [TAIPEI] Evergreen Marine Corp, which runs the world's fourth-largest shipping line by capacity, may impose a surcharge on cargo to or from the US West Coast because of costs arisingBloomberg - 276 words
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Article, Illustration283 2002-10-19 6 Negotiators must continue to persevere, he says AFP [KUALA LUMPUR] Malaysia will remain patient with Singapore despite a deadlock over talks to review the price of water it supplies to the island-state. Deputy Prime Minister Abdullah Ahmad Badawi said yesterday.AFP - 283 words
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158 2002-10-19 6 Bloomberg [SEOUL] South Korean regulators have ordered companies to release preliminary or unaudited earnings to the public 10 minutes before they brief analysts or "select groups", in its latest effort to clamp down on insider leaks. The Financial Supervisory Service said yesterday that companies mustBloomberg - 158 words
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IN BRIEF
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132 2002-10-19 6 Bloomberg, AFP [JAKARTA] Telstra Corp, Australia's biggest phone company, has recalled an unspecified number of salesmen and technicians from Indonesia on the advice of the Australian Department of Foreign Affairs, a company spokesman said here yesterday. Telstra is recalling workers after last Saturday's car bombingBloomberg,; AFP - 132 words
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108 2002-10-19 6 Bloomberg [KUALA LUMPUR] Maxis Communications Bhd, Malaysia's biggest cellular phone operator, and four other companies will be added to the country's benchmark stock index on Nov 18, the Kuala Lumpur Stock Exchange said yesterday. The decision came after a review of the 100Bloomberg - 108 words
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88 2002-10-19 6 Reuters [BANGKOK] DBS Thai Danu Bank reported third-quarter net profit growth of 12.4 per cent from the second quarter, the bank said yesterday. The bank reported Q3 net profit of 80 million baht (553.27 million), up from a Q2 net profit ofReuters - 88 words
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69 2002-10-19 6 Bloomberg [BEIJING] The European Union threatened to file international trade complaints against China to force it to ease restrictions on foreign investors such as Deutsche Post AG's DHL Worldwide Express unit China joined the World Trade Organization (WTO) last December, pledging to loosenBloomberg - 69 words
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665 2002-10-19 7 Anthony Rowley - Firmer Asean solidarity vital to avoid economic and social disruption, he says, reassuring Japanese businessmen that region is still viable FYorni 1^ Anthony Rowley in Tokyo SOUTH-EAST Asian countries must cooperate more closely in dealing with terrorism in the wake of the Bali blasts if665 words
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WORLD WATCH
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90 2002-10-19 7 Reuters (LOS ANGELES] Citigroup Inc, J P Morgan Chase Co and other Wall Street banks were named as defendants in a lawsuit filed by a Los Angeles fund management company alleging they aided bankrupt energy trader Enron Corp in an "unprecedented" fraud.Reuters - 90 words
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74 2002-10-19 7 Bloomberg [NEW YORK] Merrill Lynch Co, Morgan Stanley and Goldman Sachs Group Inc had their credit ratings cut by Standard Poor's because of the decline in business for securities brokers. The biggest credit-ratings company lowered short-term credit ratings to A-l from A-1+ forBloomberg - 74 words
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69 2002-10-19 7 AFP [WASHINGTON] In a secret 1997 deal, Pakistan supplied critical equipment to North Korea that may have enabled the latter to carry out its just revealed nuclear weapons programme, The New York Times said yesterday. The equipment, which may have included gas centrifuges toAFP - 69 words
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55 2002-10-19 7 AFP [SEOUL] Samsung Electronics Co said yesterday its net profit declined during the third quarter. Samsung's net profit was 1.73 trillion won (552.4 billion) for the three months to September, 10 per cent down from 1.92 trillion won during the secondAFP - 55 words
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365 2002-10-19 7 LATEST US INDICATORS AP. Reuters [WASHINGTON] The US trade deficit swelled to a record US$3B.5 billion in August, reflecting Americans' heavy appetite for foreignmade clothes, cars and TVs, the US government said yesterday. Meanwhile, consumer prices rose a moderate 0.2 per cent inAP.; Reuters - 365 words
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226 2002-10-19 7 Bloomberg [NEW YORK] Morgan Stanley officials have told regulators they oppose paying a fine and are against rules that would separate analysts from investment bankers as part of an industry settlement of investigations into Wall Street conflicts of interest, people familiar with the discussions say.Bloomberg - 226 words
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Article, Illustration340 2002-10-19 7 Forecasts below expectations amid uncertain outlook AFP, Reuters [STOCKHOLM] Swedish telecom s giant Ericsson, reporting a widening loss and lower sales in the third quarter yesterday, said the industry outlook remains uncertain and the market will only stabilise in 2003. And as partAFP,; Reuters; AP - 340 words
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Article, Illustration379 2002-10-19 8 Ifs silent on Q2, but expects to return to the black in H2 Reuters [SAN FRANCISCO] Computer maker Sun Microsystems Inc announced on Thursday its second major round of layoffs since the technology slowdown began and posted a loss, reversing itsReuters - 379 words
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Article430 2002-10-19 8 US RESULTS t S a from customers signing up for a new licensing programme by a July 31 deadline, analysts say Bloomberg [REDMOND, Washington] Microsoft Corp, which has had year-on-year sales growth each quarter since 1986, said first-quarter net income more than doubled asBloomberg - 430 words
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180 2002-10-19 8 Bloomberg [BRAMPTON, Ontario] Nortel Networks Corp, the second-biggest North American supplier of telephone equipment, reported its 11th straight quarterly net loss and said sales tumbled 36 per cent. The third-quarter loss narrowed to US$l.BO billion, or 42 US cents a share, from U553.47 billion,Bloomberg - 180 words
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Page 5 Advertisements
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Advertisement94 2002-10-19 5 BEST EMPLOYERS IN ASIA AWARDS 2003 Aspiring to be an Employer of Choice? A *i > -A' How do you Motivate and Focus the Best People for Your Business The Straits Times in association with global outsourcing and consulting firm Hewitt Associates is calling for entries to the Best Employers94 words
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Article5339 2002-10-19 7 Transaction date: Oct 18 for more, go to imirwxisiaorienrnarketsxorri HONG KONG V«4 •MS *b 000 Alpha General 0.02 unch 58SO Ananda Wing On 0.02 unch ***** Angang New Site) H 098 -002 ***** Arnui Conch H .205 0 08 3790 Anhui Expressway H 1.55 0.01 2004 Art ontedl5,339 words
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Article2482 2002-10-19 8 Transaction date: Oct 18 for live prices, log on to umrwxisicumernarketsjoo a ■P-ca.t S"! wa I st. B, a j„aa.-satati ABNA/imoNLG 56c 9 *12 3 4 141 I is ¥4 i c n«i 'J rH^=== \l fi i j n 3 &!»iozzzzzz» 143 32 »s *3? 11 *2i2,482 words
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Article47 2002-10-19 8 j£5- —ess a a «r u. a.-a. -s -j g ■a '0390 Onmondi US73KM *0 2*00 B01UST«h US2700afcdSB SS5 RMSa Sparc USSSScdcd nan coo ssanoo usa270ofcd iino cao vok tatm 1105 130 ST1ETT 100 ,452 -J 10 1480 1452 1450 1462 I I I I47 words
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Article1018 2002-10-19 8 MUB r i i2I rSL -P 1 i**"* 6rt WW MM MCm i I t 1 U» -i» t+m Cw HI >3 .3 115 13 R1 m W5 *05 649 195 II "5 5 M 74 "j J *S 5 "5 23 55 AsianMcroSc 13 <.5 It 131,018 words
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Article289 2002-10-19 8 J** u* Day I1Q—H Cfttr H* OTW MM MKjm W» U» r.11.1 f W U. -y S*r CVr Hi fc3 1« 75 A V Jennings A25c A87 *15 233 86 5 K (65 «7 40 M 115 51 1(7 2 9^* ,r t20c NOS 265 2.1 1A 6289 words
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What's in style motoring
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Article, Illustration1493 2002-10-19 9 CHRISTOPHER TAN - Is Volkswagen's new flagship a new-age limo or just a bigger Passat? Maybe both, as CHRISTOPHER TAN discovers in Dresden, Germany CHRISTOPHER TAN THE Volkswagen Phaeton limousine was introduced to the international press in June, almost 10 years to the day when the Wall that split Germany for1,493 words
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BRAVE NEW WHIRL
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Article, Illustration83 2002-10-19 9 MULTI-franchise Group Exklusiv will launch The Next Golf Academy next month. Probably the first institutional and formal centre where beginners can take up the game and where players can sharpen their skills, the academy will operate out of La- guna National Golf Country Club and the Volkswagen83 words
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Article84 2002-10-19 9 BLAUPUNKT is offering a driveaway holiday promotion for customers who buy at least $999 of products from its Skyline 3 and/or Velocity range. These customers will get a discounted rate of $268 per couple for a fourday, three-night driveaway to Tasik Kenyir (originally priced84 words
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Article, Illustration150 2002-10-19 9 HARLEY-Davidson, the biggest maker of heavyweight motorcycles, expects demand for its cruiser bikes to continue growing after its 2003 centennial year with output in 2004 likely to exceed 300,000. Bloomberg said the maker of Fat Boy and Road King cruisers, which sell for more than US$2O,OOOREUTERS - 150 words
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Article40 2002-10-19 9 TOMORROW'S Falken-Su-baru Rally at the Kallang car park comes with an added attraction a chance to ride with one of Subaru's stunt drivers. The event is at Kallang Car Park A, and registrations begin at 11am.40 words
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Article76 2002-10-19 9 THE Automobile Association of Singapore is organising a treasure hunt on wheels with a Teochew theme. Participants will visit famous Teochew landmarks and enjoy authentic Teochew breakfast and lunch. It is scheduled for Nov 10, from 8 am to 2 pm. Charges are $52 per76 words
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Article, Illustration112 2002-10-19 9 THE Mini Cooper has been voted the most appealing compact car in a J D Power Associates study that surveyed new-vehicle owners on their delight with design, layout, contents and performance of their car during the first 90 days of ownership. The Mini Cooper112 words
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88 2002-10-19 9 CHRISTOPHER TAN - Compiled by CHRISTOPHER TAN FOR readers who have had trouble accessing the Traffic Police's new web-based driving licence search system. here's a step-by-step guide. 1. Go to www.ecitizen.gov.sg 2. Click Transport Town 3. Click Driving/Riding in Singapore 4. Click eTransaction 5. Click Electronic Driver88 words
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Article3590 2002-10-19 10 UNIT TRUSTS FUNDS »g SUr r -—ftfrf 0 ill/ W* AiO#>Tlg»E«|l» 0l«* 5>>MllWl 12» SUIAMUnod U804' 5l« CiioM Fund'" n k» 5Uf BrivfnancvJjp«nhmP'* 0 6Ji MufttSlrMagyfd 1/ Vur «m Bondfl75Dl -0 71* M (Mfe) L* Avj p» 0936/OM3 0<*»»n Brands 0 9020.948 «*n i i icw»imiMt»m A*i» tfenry Uwtvf 5603,590 words
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in the money
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Article, Illustration1012 2002-10-19 10 teh hooi ling - SHOWMET H E MONEY With some exceptions, high dividend payouts translate into lower sustainable growth for companies teh hooi ling The writer is a BT correspondent and CFA charterholder THIS week, Singapore Press Holdings announced it is paying a total of just under a dollar1,012 words
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Article292 2002-10-19 10 Companies' dividend policies N"* 1 OV ROC BOA PAYOUT WLt W GROWTH 1 I ChuanHup 96 15 12 M Singapore Exchange 94 7 2 0.4 Singapore Press HkJgs 93 14 9 ©4 Elec Eftek Int Co 92 10 7 04 Robinson Co 88 7 6 OA Want Want Hldgs292 words
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Article728 2002-10-19 11 MONEY TALK BUYING insurance provides some form of economic security to individuals, families and business organisations. However, the level of security needed differs, depending on individual circumstances. Below is a useful guide to purchasing or implementing a personal financial plan. ♦Do a survivor financial needs analysis for728 words
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Article1169 2002-10-19 11 Last week, DBSAM discussed how hedge fundscan play a part in your investment strategies. In this second of a four-nart the fund manager advises investors to invest in a fund of hedge funds to benefit from diversification JUST like the blind men in the fable1,169 words
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519 2002-10-19 11 Patrick Peck - SPH among upgrades as profit beats expectations By] Patrick Peck The author is vice-president at the Paris-based JCF Group THE Bali terror attack has had little effect on analysts' opinions so far. However, most agree that it would have a long-term impact on519 words
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Page 10 Advertisements
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Advertisement388 2002-10-19 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF POIA POWDER MFG. PTE LTD (In Members' Voluntary L.qwdotton) NOTICE OF RESOLUTIONS Al on Extraordinary General Meeting ol the members of the abovenamed company duly convened ond held al 133 New Bridge Rood •2 508 Chinatown388 words
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Advertisement495 2002-10-19 10 IN THE MATTER Of THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF MOWTAIHOLDMQS PTI LTD (In Members Voluntary Liquidator At an Extraordinary General Meeting ot the Company held at 101 Upper Cross Street #05-14 Peoples Park Centre Singaporeos63s7 on me 15 October 2002 the Wowing Special Resolutions were495 words
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Advertisement339 2002-10-19 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 (1) HI-TECH GREEN PRODUCTS (S) PTE LTD (2) YALE (HAN-CHOW) TRADING PTE LTD (3) FIRST FOOO CHAIN JURONG EAST 132 PTE LTD (In Members' Voluntary Liquidation) Al the respective Extraordnary General Meeting of the above-named Companies deemed to be held on339 words
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Advertisement643 2002-10-19 10 call toll-fret 1800 289 8822 Eauul recnutfrsphcoast IN THE MATTER OE THE COMPANIES ALT, CAP. 5« AND IN IHE MATTER OE VENTURE SERVICES (S.I A.) PTE m> (la Members' Voluntary I K|nidation I NOTICE OE ETNAI. MEETING NOTICE IS HEREBY GIVEN ihal pursuant to Section 108 of ihe Companies Act.643 words
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Advertisement199 2002-10-19 10 IN THE MATTER OE THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF PROMPT MANAGEMENT SERVICES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant lo Section *08 of ihe Companies Act. Cap 50. a Final Meeting of ihe Members of the199 words
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Advertisement20 2002-10-19 10 From CDs to car accessories, find them all in The Straits Times Classified. ca'TS. Buy It Sell ft Find ft.20 words
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Article1537 2002-10-19 11 ■MMWMMMMMMMwmnmMirnHM i for week beginning Oct 14 Mat Mm n TT IT TY IT ri«>>ii) mm tfart (Sw) (cat (cw> 30-Sap I 3.07a ***** 15* 15* Aon. 30-Sap I 17.3531 6 5581. 221 3* »Sap I 0.537L 259* 0 521 1441 y"HMy 27-Sap I ***** 0*11,537 words
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Page 11 Advertisements
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week in review
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Article, Illustration766 2002-10-19 12 For the full stories, visit http://business-times.asial.com.sg Jakarta stocks, rupiah hammered Oct is SATURDAY'S devastating bomb blast in Bali shcfk Indonesian markets to the core, pummelling the Jakarta bourse to its lowest level in almost four years on Monday. The rupiah dropped in tandem to 9,300 againstREUTERS - 766 words
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Article282 2002-10-19 12 WONG WEI KONG Oct 15 Rise in equity risk premium to hit markets EQUITY risk premiums in the region were already at historic highs before the Bali bombing. And now, regional markets have to produce even higher returns to draw investors. But poor corporate earnings mean it282 words
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Article2652 2002-10-19 12 Transaction date: Oct 18 KUALA LUMPUR vol w- fn ASM Realty _0J5 0 08 2 Abric 100 006 64 ACP Industrie 2.95 0-24 1 Advance Synergy .039 0 03 259 Affin Holdings 0.23 0.04 10 Ahmad Zaki Res 298 0.03 53 AKCorp .408 0.34 173 AAbeeAe. .039 004 1312,652 words
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Article628 2002-10-19 12 Transaction date: Oct 18 5__S2!_®5E1_J!!**!5 5__®5!_®5P SjL 50c 043 2000 .0-010 cyetind ij« ijao *0030 oac tjt iosoo -atoo Chart 5amCond 2tc an 0 900 -0.010 OUE 031 4*50 4050 Otf 0»r flk 2.15 5.050 -0050 Partway H 25t 0.39 0440 T 25c 0 70 ***** *0 900 SGX628 words
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Article585 2002-10-19 12 BONDS WARRANTS Umt Vtf Com bar Mk Ow iL gg «aMa Ng un AST1W*****1 17.5 I M IS 0 86 20 Aon* Ud \M)***** j 1 50 783 200 25 ArtefcWOSOSIO ifcS 25 638 1 33 149 32 Armstrong WW 1 t 10 120 5 00 19 8ar6%SA*****1 10k 104585 words
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What's in style
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Article, Illustration801 2002-10-19 13 CHEAH UI-HOON - Airplane food gets a new twist onboard Cathay Pacific flights as passengers will have their tastebuds tickled by dishes from the famed Yung Kee restaurant CHEAH UI-HOON tucks in CHEAH UI-HOON SINGAPOREANS are known to travel for food, so why not begin on the journey itself801 words
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Article, Illustration523 2002-10-19 13 Jaime Ee - By Jaime Ee WHETHER you're extremely anti-social or just want some privacy and some ex-tra-special food you can't get in the hotel's other restaurants, The Ritz Carlton Kuala Lumpur's new Dining Room seems tailor made for you. The former Cigar Room has recently been converted523 words
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Article, Illustration741 2002-10-19 13 vijay verghese - Driven —in more ways than one TRAVELLING L I G H T vijay verghese I APPROACHED the vehicle at the prescribed 45-degree angle. I paused, alert, heart racing, looked left and right, scanned the street behind me and then flung open the door and dove in. This is how you741 words
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Page 13 Advertisements
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Advertisement538 2002-10-19 13 wine&dine with weekendßT nß 43/S0 T>*RUxrwalk. «8.00-»combination of fish. a**,. a***,, fresh Tasmanian oysters at $1 and check out the local favourites like nonya kueh and per cent discount on Cr that's for three to four persons. The Twin B^d^',o>,,e Nlte Hapw nasi lemak. After 6pm, it's 50 per cent538 words
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what's in style shopping
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Article, Illustration919 2002-10-19 14 GEOFFREY EU - French designer Christophe Pillet is more interested in the kind of innovative designs which consider how a human lives in a space. GEOFFREY EU finds out GEOFFREY EU Designer christophe puiet is big on osmosis not in the conventional sense but in terms of a process919 words
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IN STORE
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Article, Illustration122 2002-10-19 14 What's new in stores this week HAMMOCKS have never been the most practical prop in urban Singapore. But thanks to the clever idea of incorporating a stylish stand, we can now join idlers worldwide with some finesse. No need to look for a tree or pole122 words
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Article, Illustration124 2002-10-19 14 Plasma screens are defining the quality of home entertainment these days. And one much talked-about model is Panasonic's Plasma T(tau) Series. It boasts the Real Black Drive System, Advance Plasma AI and Real Gamma Correction all of which help enhance brightness, contrast and gradation. The series also comes124 words
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Article, Illustration117 2002-10-19 14 This could be a step in the right direction for those who're too busy or lazy to make a trip to the gym: the JK Exer mini stepper. It's a mini marvel, considering its size and the useful features that come with it. Besides incorporating117 words
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Article209 2002-10-19 14 MIKE CHUA - Compiled by MIKE CHUA TaatfHn Malt: There's a night bazaar today and every third Saturday of the month, from spm to 11pm. Uncover peculiar treasures from the past to add to your own valuable collection. Over 57 stalls selling antiques, curios, collectibles and more. Location: covered walkway.209 words
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Article, Illustration678 2002-10-19 14 Cheah Ui-Hoon - By Cheah Ui-Hoon WITH the modern-day penchant for win-dow-shopping and scouring every square inch of mall space on weekends, malls are constantly finding ways to draw and reward crowds, keep them entertained and and even educate them on weekends. Take Liang Court for678 words
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Page 14 Miscellaneous
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Miscellaneous340 2002-10-19 14 UKVPTIC CROSSWORD ACROSS 5 Famous personality playing games on pitch (8) 1 Tree, not entirely popular choice (5) Corepe«t»rerenimfro m d,st,»in 9 themerc(7) II B I P I f I PI 4 City leaves a trace in the desert (9) leader always puffing a tax on a her- LJ LJ340 words
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What's in style esplanade
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Article, Illustration817 2002-10-19 15 PARVATHI NAYAR - Forbidden City: Portrait of an Empress takes a compelling look at the formidable dowager in a stylish production. PARVATHINAYAR finds out PARVATHI NAYAR Forbidden, it's a word with such dangerous power to entice. Forbidden fruit is more delicious, the forbidden word more potent, the forbidden actLAN NGIAP HENG - 817 words
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Article, Illustration635 2002-10-19 15 Parvathi Nayar - By Parvathi Nayar WATER-RIVER-ISLAND: these themes are the corner stone of Installing Memory, an exhibition curated by the Singapore Art Museum and the Esplanade, which inaugurates the Esplanade art gallery, Jendela. The predominant motif is the Singapore River: in a general sense635 words
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Article692 2002-10-19 15 CHEAH UI-HOON - Compiled by CHEAH UI-HOON Song of life on canvas BUWA Shete, a contemporary Indian painter presents Reflections, a series of paintings featuring mostly women reminiscing about the fulfilment and warmth of life. In this series, we see them enjoying the swing of youth and sharing delicate emotions, as692 words
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Article, Illustration1067 2002-10-19 15 Transaction date: Oct 18 iHTHIlBAMK CROSS RATES 3 CS m* Un m o»» rm m m N*t» Hm t$ —< s* its o«t n— Australia 0*5 4571 0566 4296 ***** 50.695 0591 6569 2.093 U44 323H NJ60 0.965 5.703 0J34 ***** 24JI9 0J57 0.551 5266 OiM 4966 30.831 51*231,067 words
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Page 15 Advertisements
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Advertisement11 2002-10-19 15 Till Oct 19; at the Theatre, Esplanade; for details visit www.esplanade.com11 words
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Advertisement7 2002-10-19 15 Installing Memory, till Nov 10. atJendela, Esplanade.7 words
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What's in style
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Article, Illustration2320 2002-10-19 16 Three expatriate women with a keen eye for design are doing their bit to pretty up the home interior scene in Singapore. They show us what's in their style files. Vanilla Home SHE flew into Singapore on "a wing and a prayer" to escape London's weather, andMAIN PHOTO BY MASANO KAWANA, OTHERS BY ARTHUR LEE AND CHRIS LOH - 2,320 words
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Page 16 Advertisements
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Advertisement11 2002-10-19 16 I^HTl^HTrava Dine in privacy at KL's Ritz Carlton's i -s v-»11 words
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Advertisement19 2002-10-19 16 ESPLANADE Compelling look at history through wM I "Fbrbidden City: Portrait KSM of 811 Em P ress JM; >• w,;19 words
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