The Business Times, 28 December 2002
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2002-12-28
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The Business Times
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Title Section17 2002-12-28 1 MITA(P) 010/03/2002 85C THE BUSINESS TIMES weekend SINGAPORE DECEMBER 28-29, 2002 Internet littp business times asial cc17 words
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684 2002-12-28 1 Shoeb Kagda - Move seen as shadow boxing by two opposing political camps Fron Shoeb Kagda in Jakarta A RUNNING battle between two powerful Indonesian politicians yesterday threatened to spill into the boardroom of Indosat, the Indonesian telecom operator in which Singapore Technologies684 words
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Article, Illustration407 2002-12-28 1 [SINGAPORE] This is the season to be jolly, but there are some realities of life that just cannot be forgotten. Well aware of the dilemmas that some Singaporeans could be facing this holiday season, a newsmaker and a ministry have sent out greeting cards407 words
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708 2002-12-28 1 Angela Tan - Depository and other fees also to go up from March 1; market watchers fault the poor timing Angela Tan [SINGAPORE] Fees for listing on the Singapore Exchange (SGX) will soar on March 1, sparking renewed concern over the future of the already708 words
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Article, Illustration711 2002-12-28 1 Anna Teo - By Anna Teo [SINGAPORE] Here's a sobering thought as the year draws to a close. As if hitting a high in unemployment isn't bad enough, along with it usually comes a jump in the number of divorces and deaths. Or so some studies711 words
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Article, Illustration829 2002-12-28 1 loh hui yin - SATURDAY SOAPBOX loh hui yin SOME friends said I must have been mad. Because I waited three hours, yes. three solid hours for a 10-minute cab ride home one evening. All because I wanted to check out our transport system which aspires829 words
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Page 1 Advertisements
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Advertisement26 2002-12-28 1 IN THE NEWS Do Nat Steel insiders think 98's general offer won't fly? PAGE 3 Do Nat Steel insiders think 98's general offer won'tfly, Pg 326 words
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Advertisement10 2002-12-28 1 IN SUTLER Champagne: The lighter side of life PACE 1610 words
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Advertisement13 2002-12-28 1 IN THE MONEY Eight wgys to make 2003 unforgettable. PAGE 13 llllllllllill 8"*****V'3000(K13 words
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in the news
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Article, Illustration595 2002-12-28 2 r sivanithy - MARKET REVIEW r sivanithy WHILE under-performing funds tried to dress up their books before year-end, house traders selectively latched on to recent IPOs to keep themselves busy yesterday. As for the rest of the market, the session was pretty much identical to daily trading595 words
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Article70 2002-12-28 2 sn (+10.13) BT SRI •02.96 (+173) STI FUTURES 1,346.00 (uneh) Friday Change KLSECOMP 650.39 +132 NIKKEI 225 8,714.05 13.95 HANG SENG 9,***** -116.37 SET INDEX -_356.48 +112 JAKARTA COMP -.***** -06C MANILA COMP .1,018.41 >3.08 TAIPEI WP1 .4,547.32 20.05 SEOUL (X)MP 656.92 14 97 SHENZHEN B 189.99 110 AIJST70 words
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Article68 2002-12-28 2 FOREX RATES USS S$ US$ |S$ per l 'S$) 739 £(lIS$/S$perS)__ 1.601 2.784 KWOfl'SS/SS/K). 1038 1X05 YEN 1200 6900 KM Shoo 2. 186 HK$ 7 799 4.486 BAHT 4.128 24.89 RIIPIAH 8512 5.125 PRIME RATES SINGAPORE* .5.25 Kl!AIA IJIMPI'R 4(1 HONG K()N(i 5 INN) JAKARTA .191)0 TAIPKI 6&00 TOKYO68 words
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371 2002-12-28 2 China's huge market and high returns on investment are factors behind surge: analyst AFP [BEIJING] Overseas investment in China is expected to surge past US$5O billion this year as companies scramble to be part of China's red-hot economy, state pressAFP - 371 words
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Article, Illustration442 2002-12-28 2 Baby Eve said to have been bora by Caesarian section AP, AFP [HOLLYWOOD, Florida] A chemist connected to the Raelians, a group that believes life on earth was created by extraterrestrials, claimed yesterday to have produced the world's first human clone, a babyAP,; AFP - 442 words
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471 2002-12-28 2 Al Labita - From. Al Labita in Manila BEDEVILLED by stock scams and corporate failures, the Philippines is putting in place measures to curb price-rigging and insider trading and shore up market liquidity. Topping the Securities and Exchange Commission (SEC) agenda is its newly issued circular471 words
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Article, Illustration578 2002-12-28 3 Catherine Ong - Major shareholders and directors recently unloaded their stakes either through direct sales or in the open market By Catherine Ong ARE the insiders at NatSteel a company in the throes of a six-month takeover tussle sending a signal that they don'tFILE PHOTO - 578 words
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361 2002-12-28 3 Serena Ng - Some disclosures were not prompt or accurate, says China regulator By Serena Ng SINGAPORE and Shanghailisted Tianjin Zhong Xin Pharmaceutical Group said yesterday a routine inspection by the China Securities Regulatory Commission in October turned up several problems. The inspection of companies listed on361 words
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Article, Illustration308 2002-12-28 3 It's the first S'pore bank there to get local currency licence UNITED Overseas Bank has started offering renminbi-denominated business in Shenzhen in line with its focus on Greater China as a key growth area. In a statement yesterday, the Singapore banking group said foreigners,REUTERS - 308 words
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Article, Illustration584 2002-12-28 3 Serena Ng - Global Active has lodged preliminary IPO prospectus By Serena Ng IN what could be seen as a second attempt to list on the Singapore Exchange, the owners of the General Nutrition Centre franchise in Singapore, Malaysia and Brunei have received the SGX's nod toFILE PHOTO - 584 words
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Article, Illustration434 2002-12-28 4 Kalpana Rashiwala - The retailer will close down its Marina Square outlet this month By] Kalpana Rashiwala TOYS 'R' Us is closing down its Marina Square outlet at the end of this month and is moving to Jurong Point mall next month. ConfirmingFILE PHOTO - 434 words
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IN BRIEF
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65 2002-12-28 4 BANKING tycoon Wee Cho Yaw continues to beef up his control at Haw Par Corporation. Wee Investments, the family's private vehicle, has added 80,000 shares in its portfolio at about $3.42 apiece in the listed diversified group, boosting its stake to 15.3265 words
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55 2002-12-28 4 HAW Par Corporation has voluntarily de-registered its wholly-owned subsidiary, Lifestyle Sports Sdn Bhd, a company incorporated in Malaysia which has been dormant for the past 10 years. The move is not expected to have any material impact on the financial results or net tangible assets55 words
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96 2002-12-28 4 Kl Ventures said it has completed its joint venture agreement with McMoran Exploration Co (MMR). The company had announced on Oct 22,2002 that its wholly-owned unit, kl USA Energy Production Corporation, entered into a joint venture with MMR to acquire some of its facilities.96 words
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Article53 2002-12-28 4 THAI Danu-DBS Limited, a partly-owned subsidiary of DBS Thai Danu Bank which is itself a partly-owned subsidiary of DBS Bank, was voluntarily wound up on Dec 13,2002. The closure is part of a restructuring exercise by DBS Bank, which is a wholly-owned subsidiary of DBS53 words
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75 2002-12-28 4 CAPITALAND Limited said its indirect wholly-owned subsidiary, Zhongten Investment Development Pte Ltd, has been placed under voluntary liquidation. Messrs Low Sok Lee Mona and Cheng Soon Keong of Messrs Low, Yap Associates have been appointed as the liquidators of Zhongten. Zhongten is currently dormant and75 words
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49 2002-12-28 4 North 22 Technology Services said its effectively 89.29 per cent owned subsidiary, North 22 Solutions, has injected an additional US$lOO,OOO as registered capital in North 22 Solutions (Shanghai). Following the injection, N22 (Shanghai) has increased its registered capital from US$2OO,OOO to US$3OO,OOO.49 words
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52 2002-12-28 4 TTL Holdings has established a representative office in Germany. The new office is in line with the group's business strategy to expand its sales efforts into new markets and improve business opportunities. The office's principal activity is to provide liaison services for TTL's distribution of52 words
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65 2002-12-28 4 AN enhanced strategic goods control system is to be implemented on Jan 1, which will require permits to trade in strategic goods or goods that might be used to produce or develop weapons of mass destruction. Singapore's Parliament on Nov 25 this year65 words
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Article, Illustration519 2002-12-28 4 Vince Chong - OBITUARY By Vince Chong PHILANTHROPIST and self-made millionaire Tay Choon Hye died yesterday afternoon of kidney failure at the age of 72, after having been in a coma for the past two weeks. Mr Tay, known as a determined deal-maker in his younger daysFILE PHOTO - 519 words
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Article, Illustration307 2002-12-28 4 It's paying $27-s33m with call options to acquire remaining interest PRECISION metal stamping firm Amtek Engineering is acquiring a 55 per cent stake in plastics maker Lian Jun Industrial for between $27 million and $33 million. In a statement yesterday, the Singapore-listed AmtekSource: Bloomberg - 307 words
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89 2002-12-28 4 YUANTA Securities is inching towards the 20 per cent mark at local broking firm Kim Eng Ong Asia. The Taiwanese financial house yesterday bought another 3.8 million shares at about 81.47 cents apiece, pushing its stake to 19.55 per cent from 18.9289 words
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204 2002-12-28 4 Bernama SHANGRI-LA Hotels (M) Bhd (SHMB) announced that its wholly-owned subsidiary Madarac Corp has extended an additional proportionate shareholders' loan of RM10.4 million (Ss4.B million) to its associated company, Traders Yangon Company. The shareholders' loan was advanced to enable Traders Yangon toBernama - 204 words
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785 2002-12-28 5 Andrea Tan - 11 were sold this year, up from 4 last year, as smaller, weaker players are weeded out amid slump By, Andrea Tan MANY a budget hotel owner has had many sleepless nights. Not staying up and counting the number of merrymakers on785 words
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Article, Illustration302 2002-12-28 5 Chuang Peck Ming - It supports waiver off quotas, duties for poor countries By Chuang Peck Ming SINGAPORE is backing the European Commission's (EC) push to open global markets more to agricultural products from poor countries. "Singapore welcomes the EC's effort to help developing countries," TradeFILE PHOTO - 302 words
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275 2002-12-28 5 SINGAPORE-BASED integrated healthcare service provider Pacific Healthcare Holdings yesterday signed a preliminary agreement with India's Andhra Pradesh state government to establish an estimated $9 million biomedical research centre and women's and children's hospital. The research will focus on stem cells and its275 words
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336 2002-12-28 5 Serena Ng - outlook By Serena Ng SINGAPORE could have lapsed into another technical recession in the fourth quarter of 2002, United Overseas Bank's treasury research unit said in a report yesterday. The government will release its flash estimates of Q4 and full year 2002 economic336 words
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656 2002-12-28 5 Reuters SINGAPORE is unlikely to shift its monetary stance in its twice-yearly policy announcement next month but the island state may guide its currency toward the weaker end of its trading band, analysts say. As Singapore sputters out of recession, its hard-hit services sectorReuters - 656 words
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346 2002-12-28 5 Release estimated to involve 73% off remaining securities Bernama [KUALA LUMPUR] The Kuala Lumpur Stock Exchange (KLSE) has announced that Scheme B of the Clob solution will be implemented on Dec 31, 2002. Under the comprehensive Clob solution adopted by bothBernama - 346 words
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269 2002-12-28 6 Bloomberg [KUALA LUMPUR] Malaysia's two biggest newspaper publishers said they will raise cover prices by as much 20 per cent from next year, citing higher operating costs. Star Publications Bhd and rival New Straits Times Press Bhd will raiseBloomberg - 269 words
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Article, Illustration622 2002-12-28 6 Economists expect little change for the yuan because problems such as NPLs have to be resolved first Reuters [SHANGHAI] China is likely to keep the yuan trapped in its tiny, well-worn policy band in 2003 despite complaints from Japan and the UnitedReuters; AFP - 622 words
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Article272 2002-12-28 6 Data shows exports, manufacturing up in Nov Reuters [BANGKOK] Robust exports and industrial output in November painted a picture of sustained improvement for the Thai economy, the Bank of Thailand (BOT) said yesterday. Exports increased 16.7 per cent from a year earlier in November, whileReuters - 272 words
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NOTE BOOK
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85 2002-12-28 6 Reuters [HONG KONG] Hong Kong's total exports rose 17.3 per cent in November year-on year in value terms, beating market expectations for a 13.5 per cent increase, as demand for goods made in China remained robust Total exports rose 2.7 per centReuters - 85 words
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98 2002-12-28 6 Bloomberg [TAIPEI] China Airlines Co, Taiwan's largest carrier, has applied to China for permission to fly charter flights to Shanghai during the Chinese New Year holiday, said spokesman Roger Han. China Airlines, EVA Airways Corp and four smaller rivals want to fly aBloomberg - 98 words
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89 2002-12-28 6 AFP [BEIJING] A fourth metro line will be built in Beijing at a cost of 15 billion yuan (SS3.I billion) in time for the 2008 Olympics, the Beijing Daily said yesterday. Construction of the 26.22 kilometre train link will begin in late 2003 andAFP - 89 words
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74 2002-12-28 6 Reuters [BEIJING] China is set to formally launch several revamped power firms and an industry regulatory body, two months after approving the break-up of the state power monopoly, industry and government officials said yesterday. China's cabinet approved the reform of the creakyReuters - 74 words
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180 2002-12-28 6 Bloomberg [KUALA LUMPUR] Malaysia's biggest state-run pension fund shifted more money into equities and lent more to companies in the third quarter, as it collected RMS.I billion (552.3 billion) from salaried workers. Malaysia's Employees Provident Fund (EPF) had RM45.6 billion, or 23Bloomberg - 180 words
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Article, Illustration420 2002-12-28 7 Bloomberg [CHICAGO] Playboy Enterprises Inc, publisher of Playboy magazine, has taken ownership of 27 television networks in Europe and Asia in a restructuring of its TV venture with Argentina's Claxson Interactive Group Inc. Money-losing Playboy now wholly owns the venture's networks and TVBloomberg; AP - 420 words
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482 2002-12-28 7 Anthony Rowley - Not industrial production down 2.2%; consumer prices fall lor 38th straight month From Anthony Rowley in Tokyo THE Old Year is going out on an ominous note for Japan with reports yesterday that industrial production plunged by a much more severe482 words
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381 2002-12-28 7 Reuters, Bloomberg [LOS ANGELES] Idealab, once a closely-watched business incubator, said on Thursday that securities investigators have questioned whether the company should be considered a mutual fund, a ruling that could begin a process allowing unhappy investors to liquidate the firm. InvestorsReuters,; Bloomberg - 381 words
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155 2002-12-28 7 Reuters [SEOUL] South Korea issued a warning to 13 analysts at 10 brokerage houses yesterday for violating regulations governing fair handling of information. South Korea, in line with the United States, has taken a tougher line since May on brokers' handling of information onReuters - 155 words
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Article, Illustration453 2002-12-28 8 TELCO BATTLES It will hire around 100,000 programmers as it seeks to wire up 10m offices and 80m homes nationwide Bloomberg [NEW DELHI] Reliance Infocomm Ltd plans to double its network and hire as many as 100,000 programmers as the phone servicesBloomberg - 453 words
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343 2002-12-28 8 Bloomberg, Reuters [GUANGZHOU] China Mobile (HK) Ltd and China Unicom Ltd, the country's wireless duopoly, said a new service by fixed-line operator Guangdong Telecom, a subsidiary of China Telecom Corp, is aimed at taking calls from their networks and violates government rules. Scheduled for launchBloomberg,; Reuters - 343 words
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254 2002-12-28 8 AFP [BANGKOK] Thais' love of gambling translates into an average monthly expenditure on the habit of up to 8 billion baht (Ss32o million) in Bangkok alone, a survey released on Thursday found. The survey from the Thai Farmers Bank found thatAFP - 254 words
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Article, Illustration491 2002-12-28 8 Bat Ms conviction for murder in Saudi gem theft case Ms to dear up all the questions AP [BANGKOK] A Thai court yesterday sentenced a former top police investigator to life in prison for murder, ending one chapter in a complicated case involvingAP - 491 words
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347 2002-12-28 8 Reuters [BEIJING] China should aim for 7 per cent economic growth in 2003, lower than the 8 per cent expected this year, due to worries over deflation and income gaps, a senior government economist was quoted yesterday as saying. "GDP growthReuters - 347 words
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484 2002-12-28 8 For slate governments it's easy money to plug deficits Bloomberg [BOMBAY] Indian states are embracing electronic lotteries, replacing paper versions that lost their appeal amid claims of fraud, as they seek to plug deficits that total about a tenth of the nation's grossBloomberg - 484 words
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498 2002-12-28 9 LATEST US INDICATORS 5.7% jump spurred by lowest mortgage rates in almost 4 decades Bloomberg [WASHINGTON] US sales of new homes unexpectedly rose to a record in November, spurred by inexpensive mortgages, a government report showed. Single-family home sales jumped 5.7Bloomberg - 498 words
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Article, Illustration459 2002-12-28 9 Reuters, Bloomberg [CHICAGO] Wal-Mart Stores all but gave up hope that post-Christmas shopping sprees will make up for sluggish pre-holiday sales. Sounding another grim note for the US retail sector, the world's biggest retailer cut its December outlook even as bargain hunters made their pilgrimageReuters,; Bloomberg; AP - 459 words
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361 2002-12-28 9 Growing anger over tough rules proposed by SEC [LONDON] Tough new rules by the chief US financial regulator on auditor independence is mounting pressure on the big four accounting firms to break up, the Financial Times said yesterday. The big361 words
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Article485 2002-12-28 9 Reuters, Bloomberg [LONDON] Christmas cheer was in short supply when financial markets cranked up yesterday after the festive break, with tensions over Iraq and North Korea and a strike in Venezuela knocking the US dollar and pushing up oil prices to a two-year high.Reuters,; Bloomberg - 485 words
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225 2002-12-28 9 Bloomberg [WASHINGTON] The US Justice Department wants corporate criminals to spend more time in jail. White-collar criminals whose fraud causes more than US$2O million in damage should face 10 years in prison, the Justice Department said. In letters to the US Sentencing Commission,Bloomberg - 225 words
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Article, Illustration582 2002-12-28 9 Reuters AN INTERNET bidding war is being waged to buy Bridgeville, California, a near deserted, hardscrabble town tucked in a remote valley that even its owner describes as a "fixer-upper". But the winner will get value for the money: 82 scenicReuters; AP - 582 words
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312 2002-12-28 9 Bloomberg [PARIS] Xavier Debonneuil, Societe Generale SA's head of corporate and investment banking, was killed in a car crash in France. He was 54. The accident happened on Thursday afternoon when Debonneuil lost control of his car while overtaking another vehicle close toBloomberg - 312 words
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Page 3 Advertisements
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Advertisement263 2002-12-28 3 Q: Now, more than ever, should a client's first concern be the preservation of assets? A Clearly, we are looking at a brand new world. Of course, our first mandate is to protect what our clients have achieved. But we would be remiss in not alerting them to new opportunities263 words
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Advertisement965 2002-12-28 4 c*n toii-fr** isoo 289 8822 CIJ PRESSCRETE HOLDINGS LIMITED I ——1 (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Presscrete Holdings Ltd (the "Company") will be held at 31 Changi I South Avenue 2. Singapore *****8 on965 words
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Advertisement187 2002-12-28 4 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF LEE CHEONG GOLDSMITHS JEWELLERS PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that the Finol Meeting of the Members of187 words
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Advertisement121 2002-12-28 4 Since 1975 our worldwide I over 27$ multi-disciplined professionals |L] V including lawyers chartered accountants J I 1 chartered secretaries and bankers have A provided confidential and cost effective 4||r company formation in all the major low El 1 agK ,ax a f eas Including "w rTT' v 'Jut J121 words
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Advertisement61 2002-12-28 5 RflDO SWITZERLAND I SIN T R A m TOTALLY MADE OF HIGH-TECH CERAMICS M SCRATCHPROOF SAPPHIRE CRYSTAL M FOUR GENUINE DIAMONDS M BRACELET WITH 18 CARAT GOLD LINKS r W TRIPLE SAFETY CLASP MADE OF TITANIUM tf >v X For enquiries, kindly call Tel 6275 6388 or e-mail: RadoiJs/jatchqroup com61 words
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Article4528 2002-12-28 6 Transaction date: Dec 27 for more, go to riwwjasiaonenmarketsxxmi H HONG KONG vol HKRMT i w -0.01 103 "P Hong Kong Electric -2930 -0.35 1078 Hongkong Chinese 0 60 0.01 820 AlphaGmeral 00? undl 8170 Hongkong Chinese Ltd 060 0.01 820 Arvanda 0.02 unch 7300 Hopewell Holdings 54,528 words
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Advertisement48 2002-12-28 7 I IZc tSm K B In today's highly competitive business world, key decision-makers need business intelligence to make better decisions, not just snapshots THFFUTSTIVFSSTIMFS of news. That's why they rely on The Business Times. To reach exclusively the people who matter, call 1800-*****82 to advertise, intelligence changes everything48 words
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Article, Illustration1072 2002-12-28 8 Transaction date: Dec 27 DtTERBAIfK CROSS RATES AS C$ W Eiro HKj Mfc Nplah Yen Mm M H2S Hkti Nso SS Band Str CTS la* Hmi USS Australia 0.881 4.683 0.544 4.401 27.096 ***** 0.677 6.758 2J44 1.086 32.907 30.060 0.981 4.972 0.790 19.681 24.424 0J52 0.564 Canada 11351,072 words
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in focus
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Article, Illustration764 2002-12-28 10 GEORGE JOSEPH - Trade enquiries pour in as the island nation witnesses recovery in all major sectors, outgoing envoy Chitranganee Wagiswara tells GEORGE JOSEPH GEORGE JOSEPH THE POSITIVE signs heralding a solution to Sri Lanka's drawn-out civil strife cannot be more pleasing to anyone in Singapore764 words
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Article, Illustration357 2002-12-28 10 George Joseph - By George Joseph TWO Singapore brand names Komala's and Mustafa Centre are among the increasing number of private and public sector companies venturing into Sri Lanka. The homegrown Indian fast-food chain Komala's has opened an outlet in Colombo, while the super nofrillsFILE PHOTO - 357 words
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Article2273 2002-12-28 10 Transaction date: Dec 27 B KUALA LUMPUR FraserANeave .3.52 undi 0 Vol FSBM 1.78 unth 0 KM W- (-000) FW Industries jO.16 unch 0 Gadang AM -0.07 5 ASM Realty .0.81 unch 20 Gamutfa SJO 005 600 Abric .0.98 -003 5 GanadCwp A79 undi 0 ACP Industries 3 382,273 words
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Article678 2002-12-28 10 i Transaction date: Dec 27 ■> o— a—» CK 043 140D 1«B NMSMSk o« 20m i.i2 two -oojo oac »_n ««o *o <a Olart WraCm)JSt 064 O'fi «O01I OUl 0S4 40S0 OJOwSfc IJS kJOD *OUO 0J0 0 TV) CniMaa T JV an U900 4W Wit Q V 1J0C 4U678 words
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Article505 2002-12-28 10 BONDS WARRANTS L-« Vol Cm Ew h! Gmt '■Eta row bit Met mt Uh AST1W*****1 175 1 16 158 0.74 IS AcmaLtd\M)***** 1.5 1 50 692 4.33 23 Amte* WOSOfciO 70.5 1 33 1 1.45 30 Armstrong W*****© 1.5 1 10 109 3*7 17 Bar 6SSA*****1 10k 103 Bar 6505 words
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in the news
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270 2002-12-28 11 Tyco, World Com seen as good buying opportunities Reuters, Bloomberg [NEW YORK) Stocks that have been tainted by the year's biggest corporate scandals, like Tyco and World Com, are a good buying opportunity, according to a survey of big money managers released on Thursday. Alleged misdoingReuters,; Bloomberg - 270 words
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Article, Illustration646 2002-12-28 11 And so do the old arguments about whether it would be good or bad for the US economy NYT (WASHINGTON] Boost military spending. Cut taxes. Assure Americans that the growing budget deficit isn't a problem because lower taxes will stimulate the economy and cause government revenueNYT - 646 words
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Article3933 2002-12-28 11 Transaction date: Dec 27 for live prices, log on to uruw'jjsiaonemarketsjcom i C«tX« Di» GftM MM UCm "S* t fBM >™» M» W- r—» «#> U» idtar Cm HI >3 ABNAmroNLG 56c 9 12 34 1416 MS 9 ACE(Xnamo20c 9.5 9 10 0.7 8 14 15J 94 2453,933 words
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Article64 2002-12-28 11 *!L P*» U«»*e»e CrtMn Mr OtM MM MCae **p Essesa Mi «<• r— f >»» s»»» cv m $3 10»0 Diamonds US113 4M0 MOO 2 WO IS Oi US Tech US3740 in 555 15 M5CI Spore USS55 11 MO D00 ISSAP500 U***** 82, 0 I I ***** CM64 words
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Article1213 2002-12-28 11 -H** Om, IMOM GrOn Mo CrTM MM MCa "P S4*» fW> m+ Imm »mm idht Cw HE «3 225 9 AMHMpSc 11 U srs u U 5 15 18 5 115 1* 6.5 1M Ji *i^ ,0c 20 20 20 20 21.5 N- 263 515 MIS ASniOc— 131,213 words
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Article351 2002-12-28 11 Lact Vol Day lOIMt Gfttv M> GrVU MM MCk U» ri W p 11) Ml W- p— U» Mir Cw fg 13 m ft) AVJ*nr*ngt A25< AS 3 unch 14 93 915 92 5 93 40 3.4 10J S.4 2002 Cathay Pac 20c MK720 265 21 7 4351 words
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in the money
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Article, Illustration920 2002-12-28 12 MONEY TA L K One way is to begin by paying down your debts and spreading out your investments beyond equities A CONFLUENCE of global factors is giving rise to fear that global deflation may be more than a remote possibility. There's theFILE PHOTO - 920 words
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351 2002-12-28 12 Patrick Peck - By Patrick Peck THE number of recommendation changes this week fell by 14 from last week to 26, comprising 19 upgrades and seven downgrades. Property group United Overseas Land received "buy" calls from three analysts on the back of strong earnings for351 words
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Article, Illustration1168 2002-12-28 13 teh hooi ling - SHOW ME THE MONEY There is much that we can do to nourish our soul, and fill our pockets along the way teh hooi ling f NOTHER totally forgettable year down the drain!" That's what a t former colleague and IAFP FILE PHOTO - 1,168 words
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806 2002-12-28 13 Ad quickly if you want to be belter off a year from now Reuters [WASHINGTON) Next year is a question mark. Maybe the stock market will be up; maybe it won't. The same holds for interest rates, the value of your home and availabilityReuters - 806 words
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444 2002-12-28 13 Vince Chong - Investors with spare cash could also look to China market By Vince Chong THOSE with an eye on investment property have been urged by consultants and analysts to keep their sights on the local scene in 2003, although Shanghai is seen as an alternative for444 words
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Article3054 2002-12-28 12 UNIT TRUSTS FUNDS Commmrbank Am( Mot Com Global Finance Index Fd 0.733/ AM Aim Asset Mat (S'doc»I Com Global Lifestyle Index Fd 0 824/ St* Europe EOTv— 0593/ Com Global Healtf. Index Fd 0 77/ Star Europe ?2 Com Global Telecom Index Fd 0.418/ Star Europe Bal qb» Corn Global3,054 words
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Article996 2002-12-28 13 i for week beginning Dec 23 ■Mean EK oma ti IT rr i* <-—»■> P») (51 tcte) (rtt) Addwh* T«ch 23-Oec I 3315L 1.5391 0.79L 0371 Aw Ocean 190ec I 3.058 1.785 0.72 0.47 n tk t"99 10.729 6.515 5 86 3 58 AAatrMei.Com IfrOec 1.545996 words
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Page 13 Advertisements
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Advertisement29 2002-12-28 13 il A I t- V H 'CSh From tulips to new p hanging lamps, find them all in The Straits Times Classified. Buy It Sell It Find It j29 words
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motoring
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Article, Illustration1434 2002-12-28 14 SAMUEL EE - BMWs long-wheelbase 760 Li is more than pure ostentation, boasting pure luxury, comfort and sporty kicks, says SAMUEL EE from Dubai SAMUEL EE THERE is only one detail more striking than the trunk of the BMW 760 Li. It may be tiny compared with the bulbous bootlid inPHOTOS BY SAMUEL EE EXCEPT FOR INTERIOR SHOT - 1,434 words
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Article, Illustration845 2002-12-28 14 Samuel Ee - and a 'seventh-star' hotel on an isle Like BMWs Vl2 7-series, no expense was spared in the construction of the Buij A 1 Arab in the UAE By Samuel Ee LIKE the BMW 760 Li, the Burj A 1 Arab is enormous and extravagant. But unlike the big Bimmer, thisPHOTOS BY SAMUEL EE - 845 words
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travel/style
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A dalliance in the desert
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Article, Illustration832 2002-12-28 15 AP (LOS ANGELES] Herb Ritts, the internationally acclaimed photographer known for his scintillating portraits of superstars and his glossy high-fashion spreads, died on Thursday of complications of pneumonia while hospitalised at UCLA Medical Center, said his publicist Stephen Huvane. Ritts was 50. A native Angeleno,AP - 832 words
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Page 15 Advertisements
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Advertisement582 2002-12-28 15 winG&dillG with weekeodßT "-ITMBRIi Plno Ocowi Bsc Restaurant wii o/n l. •wpp« one on the famous Hainanese chicken rice at the IBvwildt Momslm RMtawaat Boulevard. TeL *****550 emase 10 #0129 Chijmes. Tel.6334SSafcgijsf, a va riety of Chatterbox coffeehouse. 30, Merchant Road #01-04 Riverside Point (opp ft* C nf+ home-style Italian582 words
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shopping
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Article, Illustration1503 2002-12-28 16 CAT ONG - Paris-based designer Andrew Gn tells CAT ONG about his soaring fortunes and what it means to be picked as a face of Singapore CAT ONG IN Japan, his young actress clients like Noriko Sakai and Miho Toyota call him Andrew "Gin" which rhymes with "tin". In the US,1,503 words
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IN STORE
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Article, Illustration137 2002-12-28 16 HERE'S one tool that fulfils both I your work and play needs cleverly. The BenQ DS 650 projector delivers sleek presentations with ease and doubles as an impressive home entertainment unit (via VCR or external tuner) —both with excellent picture quality. Incorporating the latest DLP (as137 words
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Article102 2002-12-28 16 BADLY need a facial, but your regular beautician is all booked up for the festive season? Try Neutrogena's Fine Fairness Mask, a new product you can pick off the shelf and use at home. Shaped to fit the face, the paper mask is soaked in a rich102 words
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Article, Illustration84 2002-12-28 16 JUST the accessories to set the mood for tea with Asian mystique. The traditional tea set, from Paris, is delicate but resilient enough to see you through umpteen servings among elegant company. Individually sold, the fine bone china set comprises a porcelain dish ($81.37), tea cup and saucer84 words
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Article, Illustration78 2002-12-28 16 SOME people just bring the sun with them wherever they go. If you're not one of them, try carrying one of these flowery handbags for a similar effect. Imported from Cambodia, these hand-painted casual handbags can complement formal wear, too. Made of Thai silk, they come in a78 words
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Article152 2002-12-28 16 A NEW technological wonder from the Fuji stables, the FinePix F401's outstanding performance lies in its exclusive 1/2.7-inch 3rd-Gener-ation Super CCD sensor. With 2.1 million effective pixels, the camera delivers superb qual ity images of2304x1728 (4 million) recording pixels. What this means is a significant improvement152 words
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Article394 2002-12-28 16 Events Promotions Tangtin Mall: ♦Artificial snow shower at the main entrance. Snow times: 7 pm to 7.15 pm and 8 pm to 8.15 pm daily till Jan 1, 2003. ♦Win a trip to Finland for a family of four. Your last chance this week: Every $40 same-day purchase at any394 words
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what's in style art/style
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Article, Illustration1409 2002-12-28 17 PARVATHI NAYAR,AARON LYE - Despite the economic downturn, there have been more art shows this year than ever before, reflecting a busy time for galleries and exhibition spaces, say PARVATHINAYAR and AARON LYE PARVATHI NAYAR,AARON LYE THE general perception is that it hasn't been an easy year for the visual arts. So1,409 words
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Article679 2002-12-28 17 [NEW YORK] First there was faux. Now there is faux-faux. Both of them faux shearling and faux-faux shearling have beaten the hooves off most other outerwear this Christmas season. Look on the Web: at the Gap, at Joseph A Banks and Saks Fifth Avenue, at Lord679 words
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Page 17 Miscellaneous
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Miscellaneous239 2002-12-28 17 CRYPTIC CROSSWORD 10 Pole enters region that's a 4 support 1 Cane and thrash renegade make things easier (8) 12 Clinging to church leader be- sunny Aia 13 uare 969 a round hole 8 j °99^ a e s to ge^ a 15 Volunteer harbours aim to 14 Jack from239 words
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style
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Article, Illustration1552 2002-12-28 18 GEOFFREY EU - GEOFFREY EU celebrates champagne, the drink that teases the brain without destroying it GEOFFREY EU THERE'S something simply irresistible about the symbiotic relationship between champagne and the Christmas season that brings to mind other similarly matched pairs like yin and yang, fish and chips orJACQUES DE MARCILLAC; COMITE INTERPROFESSIONNEL DU VIN DE CHAMPAGNE - 1,552 words
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Article144 2002-12-28 18 WHEN it says 'Brut' on the label, it means the champagne is dry. 'Extra-dry' actually means there's more sugar content, and is therefore less dry than Brut, and it tends to be more fruity-tasting. 'Ultra Brut' means no sugar has been added at all. 'Sec' means144 words
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Page 18 Advertisements
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Advertisement13 2002-12-28 18 HHjHfiiFjHK shopping ill Paris-based designer Andrew Gn on hitting the big time. Hi*13 words
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Advertisement16 2002-12-28 18 ARTS Looking back on i»: L the visual arts scene here in 2002. SI to 21$16 words
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Advertisement11 2002-12-28 18 Renowned celebrity I HJI| photographer w Herb Ritts dies. Pfc IS11 words
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Advertisement8 2002-12-28 18 TRAVEL VijayVfeighese's dalliance in the Dubai desert. P*ls8 words
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