The Business Times, 1 March 2003
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2003-03-01
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The Business Times
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Title Section12 2003-03-01 1 MITA (P) 024/03/2003 /as. THE BUSINESS TIMES SINGAPORE MARCH 1 2. 200312 words
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newsbreak
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206 2003-03-01 1 Reuters, AP [WASHINGTON] The US economy grew at a surprisingly healthier pace than expected late last year, the government said yesterday in a report that hinted at potential underlying strength once Iraqi war fears lift and that may rekindle debate about the needReuters,; AP - 206 words
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Article113 2003-03-01 1 [SINGAPORE] Wee Cho Yaw's United Overseas Bank is Singapore's most profitable banking group, unveiling al5 per cent rise in earnings to 51.06 billion for 2002, thanks to full-year contributions from newly acquired Overseas Union Bank. UOB, which took over OUB in 2001, saw little113 words
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Article138 2003-03-01 1 [SINGAPORE] The government yesterday slashed industrial and commercial development charge (DC) rates by an average of 12 and 9 per cent respectively. For the residential sector, the cut for landed and nonlanded use averages 3 and 5 per cent respectively. The bigger drops in commercial and138 words
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Article226 2003-03-01 1 Elgin Toh - by Elgin Toh [SINGAPORE] The National Parks Board (NParks) has become the latest statutory body to announce a major restructuring exercise with plans to redeploy 200-300 of its current 900 employees to the private sector during the next two years. CEO Tan Wee Kiat said226 words
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854 2003-03-01 1 Kalpana Rashiwala - Govt will be selective in raising plot ratios for residential sites By: Kalpana Rashiwala [SINGAPORE] Property owners holding out for a collective sale of their homes will be disappointed if they were hoping for an across-the-island increase in plot ratios under the Master Plan854 words
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856 2003-03-01 1 Anna Teo - $900 m deficit Budget, which also addresses economy's more pressing concerns, draws mixed reaction from businesses By i Anna Teo [SlNGAPOßE] What was most widely expected another 1-2 point cut in the corporate and personal income tax rates didn't materialise. But856 words
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Article, Illustration1026 2003-03-01 1 vikram khanna - Turning the ship around and sailing on Saturday soapbox vikram khanna ZZFTIHERE is no safe harbour I where our ship can shelter to rebuild and refit, before head_M_ ing out to sea," said Deputy Prime Minister and Finance Minister Lee Hsien Loong when presenting the Singapore budget yesterday. "In aARTHUR LEE - 1,026 words
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175 2003-03-01 1 New Business 1 (B1) and Business 2 (B2) zones, based on their pollution impact, will replace the existing Warehouse, Light Industry and General Industry zones. Industrialists will be able to vary uses in response to changing business conditions without having to seek rezoning of site.175 words
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Page 1 Advertisements
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Advertisement12 2003-03-01 1 Porsche Boxsteife An investment that will yield more fun than funds. PAQEI412 words
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Advertisement12 2003-03-01 1 PINE RAFFLES CONVERSATION Singly CEO LeeHsien\Swgonthe call of duty MftE 3 .HI12 words
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Advertisement13 2003-03-01 1 PERSONAL INVESTMENT Stocks: How to make money in both *up'and 'down' markets. MSE913 words
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Advertisement43 2003-03-01 1 CONSUMER ALERT Tips for frequent and infrequent flyers MflE 17 MORE REPORTS No corp tax cut now means 2% off in next budget page 4 R&D, IP steps seen as road to knowledge economy, page 5 BT Roundtable: Budget merely tweaked things. PAQEt43 words
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newsfront
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Article, Illustration914 2003-03-01 2 Siow Li Sen - Chairman Wee parries questions about his retirement plans as he presents earnings that show UOB to be the most profitable local bank By Siow Li Sen [SINGAPORE] It was vintage Wee Cho Yaw yesterday as he delivered the fullyear 2002 results forARTHUR LEE - 914 words
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Article69 2003-03-01 2 ON Feb 19, we ran a report under the headline "Banks snub Run Run Shaw's studio project" that said incorrectly that Mr Shaw had to use his own company's cash to complete a new studio complex after banks turned him down for a loan. Bloomberg, the source of the69 words
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666 2003-03-01 2 Kalpana Rashiwala - Latest reductions, effective today, steeper than the last revision 6 months ago ByJ Kalpana Rashiwala [SINGAPORE] The government yesterday shaved industrial and commercial development charge (DC) rates by an average of 12 and 9 per cent respectively. For the residential sector,666 words
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438 2003-03-01 2 INDIA BUDGET Easing off taxes for salaried workers, elderly Reuters [NEW DELHI] Indian Finance Minister Jaswant Singh yesterday sought to ease taxes for salaried workers and the elderly as he unveiled an election-year Budget that includes an increase in defence spending. The ministerReuters - 438 words
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Article120 2003-03-01 2 Highlights of India's 2003/04 budget Modernise Bombay and New Deft airports to world class standards. Set up private airports in southern cities of Hyderabad and Bangalore. No tax on income from exports of software companies. This wfl help Indian software companies compete with overseas rivals to gamer120 words
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the raffles conversation
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Article, Illustration1810 2003-03-01 3 CATHERINE ONG - l iiriifflcd by jibes about ;i shi iiikinu; share price. Singapore Telecom CK() Lee Hsien Vang soldiered on to build a powerhouse that's now hailed as best in its class. CATHERINE ONG speaks to the man who detoiired from the political lineage of his famous family to steerPHOTO BY CHRIS LOH - 1,810 words
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Article792 2003-03-01 3 SingTel's chief executive Lee Hsien Yang is most expansive when he talks about his company's operating performance but gives little away on most other issues. He fields questions from Catherine Ong. CO: So was your court battle with IDA (InfoComm Development Authority) all a wayang kulit to show792 words
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Page 3 Advertisements
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Advertisement62 2003-03-01 3 Raffles* INTERNATIONAL Hotels A Resort* The Raffles Conversation is brought to you through a special arrangement with Raffles International Hotels and Resorts. The Traveller's Palm in the Raffles International logo is an apt symbol. Not only has water stored at the base of this palm provided sustenance, the leaves rest62 words
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singaporebudget
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Article, Illustration487 2003-03-01 4 Audrey Tan - DPM reaffirms govt intention to reduce rate to 20% by YA 2005 By Audrey Tan COMPANIES can look forward to a two-point tax cut in next year's Budget, even though Deputy Prime Minister and Finance Minister Lee Hsien LoongFILE PHOTO - 487 words
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472 2003-03-01 4 Catherine Ong - Granting off long-held wish a boon for MNCs, local fivms going regional Reports by Catherine Ong AFTER years of lobbying, the business community is finally getting a perennial Budget request granted. Foreign income in the form of dividends, branch profits and services472 words
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Article, Illustration497 2003-03-01 4 But greater bank lending hinges on economic recovery THE government's move to exempt from tax interest earned from bank deposits will encourage Singaporeans to bring their funds back home, as well as attract more funds to be managed here, analysts said.497 words
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Article, Illustration700 2003-03-01 4 From the Finance Minister's 2003 Budget statement Corporate and top personal income tax rates remain at 22%. No personal tax rebates for YA2003 CPF changes: Salary cetiing to be lowered from $6,000 to $5,500 from January 2004, and then to $5,000 from January 2005 Employee contribution rate for700 words
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422 2003-03-01 5 Raju Chellam - Industry players welcome incentives for research and intellectual property creation By Raju Chellam THE government's move to make Singapore an attractive base for R&D and intellectual property (IP) management activities has been much anticipated. "Previously, many companies held their IPs outside422 words
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Article, Illustration501 2003-03-01 5 Christopher Tan - Byi Christopher Tan FROM April, a tax on cars that is determined by how much a dealer spends on handling and marketing will be removed. The tax has long been a bane of motor traders, because it required tediousFILE PHOTO - 501 words
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Article, Illustration377 2003-03-01 5 David Boey - By David Boey RAYMOND Lim, a former high-flying economist who became Minister of State for Trade Industry, has been appointed to the newly created post of Minister of State in Charge of Entrepreneurship. And his appointment has come as no surprise to those whoFILE PHOTO - 377 words
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432 2003-03-01 5 Wong Wei Kong - Andit exemption for small firms likely to hit auditors By' Wong Wei Kong PROFESSIONALS like law yers and accountants, as well as smaller service providers, stand to benefit most from new business vehicles announced yesterday by Deputy Prime Minister and Finance Minister Lee432 words
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430 2003-03-01 5 Andrea Tan - By Andrea Tan THERE was little in the proenterprise Budget designed to stir the property market, consultants said yesterday. Still, the measures were largely welcomed. "The focus is very clear to lower business costs and to help companies tide over these times," said Jones430 words
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Article, Illustration759 2003-03-01 6 WONG WEI KONG - BT ROUNDTABLE BT's roundtable focused on whether the govt should have done more for businesses. WONG WEI KONG reports WONG WEI KONG IT'S one of those budgets that's hard to put a finger on. Once the debate got going, however, it quickly centred on one point:PHOTOS BY CHRIS LOH - 759 words
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Article, Illustration392 2003-03-01 6 Chuang Peck Ming - PSB Corp, Ascendas, Hdbay among firms identified for privatisation By Chuang Peck Ming THE government has started the ball rolling to get out of businesses so local enterprises have more room to grow. Deputy Prime Minister Lee Hsien Loong told Parliament yesterday that392 words
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491 2003-03-01 6 Tang Weng Fai - Measures promise long-term benefits but little immediate impact By' Tang Weng Fai COMPANIES reacted cautiously to the latest Budget provisions related to manpower development that promise long-term benefits but little immediate impact. The latest measures to boost the long-term quality of human capital in Singapore491 words
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497 2003-03-01 6 Audrey Tan - Some call for more aggressive deficit to help lift economy By. Audrey Tan IF actual figures for 2001 are any guide, the expected budget deficits for last year and this year may well exceed the $94.1 million and $898.7 million announced yesterday by497 words
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Article, Illustration270 2003-03-01 6 'The SCI welcomes the proposed budget but considers it too conservative, given the current economic conditions. During the good years, budget surpluses were as high as $10 billion. Now that we are facing the worst economic situation since our independence, a budget deficit of $1 billion is270 words
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Article, Illustration591 2003-03-01 5 Transaction date: Feb 28 AHns Marts > a yr. Short 1 3 jr. Img > 3 pi nrrERBAMKCummnrcT EATBB AMiast SS milnrt US$ Afotort S$ Aaatast USS Cot—cits Si Offof Offtr Corr-rtts g Offtf OWtf StISt to one unit offbrrigm currency: S$/USS to 100 unit* o* torrign iwrencg: ■tnmti-i591 words
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property
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Article, Illustration995 2003-03-01 7 KALPANA RASHIWALA - The Draft Master Plan 2003 promises more homes and amenities, as well as better accessibility and business flexibility, says KALPANA RASHIWALA KALPANA RASHIWALA RESIDENTS in the western region of Singapore can look forward to 68,000 new homes a 28 per cent increase on currentFILE PHOTO; Source: URA - 995 words
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Article98 2003-03-01 7 Better integration at Jurong Regional Centre: The existing Jurong East MRT station and bus interchange will be spruced up and integrated with surrounding developments, existing and new. Four plots immediately around the MRT station have been set aside three zoned white and the fourth, commercial.98 words
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Article456 2003-03-01 7 District 03 NON-LANDED TheAlessandrea Apt 24/01/2003 FH 1001 663 662 TheAtessandrea Apt 31/12/2002 FH 1098 716 652 District 05 NON-LANDED Normanton Park Apt 06/12/2002 99 1518 518 341 District 09 NON-LANDED Killiney Apt Apt 28/11/2002 FH456 words
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news companies
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559 2003-03-01 8 Serena Ng - Full-year revenue up 65% to $2.37b; net profits surge 35% to record $181 m By\ Serena Ng SIXTEEN years. That's how long contract manufacturer Venture Corp took to become a billion-dollar revenue company a milestone it reached in 2000 when it turned in559 words
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Article, Illustration742 2003-03-01 8 VEN SREENIVASAN - There were five hours of high drama as the publisher's shareholders slugged it out at the company's AGM. VEN SREENIVASAN reports from the ringside VEN SREENIVASAN TWO major shareholders were at each other's throats. Minorities jumped into the fray as the proceedings turned increasingly acrimonious. And742 words
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Article, Illustration648 2003-03-01 8 r sivanithy - mamet review r sivanithy EVERY day, a new worry. If it isn't Iraq, then it's North Korea. If it isn't North Korea, then it's a troublingly-low US consumer confidence number. If it isn't consumer confidence, then it's a dip in US housing starts. But648 words
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corporateroundup
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Article96 2003-03-01 8 THE second half is not going to be promising after all for Panpac Media Group. The publishing and marketing group which earlier said the second half of FY2002 was "expected to hold more promise" now says the group was expected to have recorded a net operating96 words
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Article114 2003-03-01 8 THINGS are not looking too good for stockbroker GK Goh which had an exceptional gain to thank for its improved performance last year. The listed broking group recorded an operating loss of $9.5 million from its business operations but net exceptional items worth $14.9 million114 words
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88 2003-03-01 8 STRAITS Trading saw sharply lower contributions from proceeds from securities trading last year but the listed group was helped by exceptional gains from the disposal of investments which checked its slide in profit. The trading group in which OCBC Bank owns a minority stake reported88 words
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Article105 2003-03-01 8 TRADITIONAL Chinese medicine firm Eu Yan Sang is expanding to not-so-traditional markets. The mainboard-listed company yes- terday announced a one per cent rise in net profit to $2.9 million and a 10.9 per cent increase in revenues to $52.3 million for the half-year ended105 words
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Article81 2003-03-01 8 FU Yu Manufacturing is certainly living up to its name, which means wealthy and prosperous in Mandarin. The mainboard-listed firm saw a 52.5 per cent rise in revenues to $291.8 million last year. Net profit more than quadrupled to $18.7 million. It cited growing outsourcing81 words
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Article, Illustration122 2003-03-01 8 CHINA'S biggest shipping group, China Ocean Shipping (Group) (Cosco) has held talks with port operator PSA Corp on the possibility of buying terminals. "We talked with PSA management to further cooperate in the terminal area," said Wei Jiafu, group president and chief executive of CoscoCHRIS LOH - 122 words
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Article66 2003-03-01 8 CEREBOS Pacific, which is into food and health products, says it achieved a 64 per cent rise in net profit to $18.8 million for the first quarter ended Dec 31, 2002. The net profit during the corresponding period in the previous Financial year was $11.566 words
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Article116 2003-03-01 8 SGX-LISTED Stratech Systems Ltd yesterday insisted that the cancellation of the $40.3 million transit.smart project by the Land Transport Authority (LTA) is not expected to have a substantial impact on its FY2OG3 financial performance. The company also stressed that the project was cancelled by116 words
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Article92 2003-03-01 8 LEADING Malaysian mobile phone company Maxis Communications has appointed a former executive of Singapore Telecommunications as its chief operating officer. Maxis said Edward Ying, 45, will join Maxis in mid-May and will report to chief executive Jamaludin Ibrahim. Mr Ying's most recent position was as92 words
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365 2003-03-01 8 Ho Ching (Ms - mailbag Ho Ching (Ms) Executive Director Temasek Holdings (Private) Limited I REFER to the advertisements yesterday in The Business Times and The Straits Times on the BT Raffles Conversation with SingTel CEO Lee Hsien Yang, to be published today in Weekend365 words
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Article70 2003-03-01 8 STI 1,*****5 (+2.60) ST INDEX FUTURES 1,273.00 (-4.00) SIMSCI FUTURES 156.00 (-0.70) Friday Change KLSKCOHP «4«J«I 5.64 NIKKKI 225 M63.W *366 HANG SENG 9,122.86 1158 SET INDEX ***** <24-1 JAKARTA (X>MP -399.22 <4127 MANILA 4XWP .1.***** I3.7U TAIPEIWPI Hosed SKOILCOMP 5754.1 7.(13 SHENZHEN B .***** 4118 AI'ST ALL OKI)70 words
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Article82 2003-03-01 8 FOREX RATES |JS$ SS I 'SS (SS per I S$) 1.738 X(l SS/SS per Si) 1579 1745 Kl ROfl SS/SS/E) 1.075 1.868 YEN 117.7 «7 70 KM 3.K0U 2.1H6 HK$ 7.799 4W BAHT 42.74 24.59 Rl PIAH 8*87 5.113 RENMINBI 8.299 4775 INDIAN Rl PEE 47.68 27 43 PRIME82 words
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money personal investment
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Article36 2003-03-01 9 h^^^jyA a'MiB JsPSiwSir^iJ^g^ *■"<• ■tShk.^'^ *V ''L *J x lSi£fc SitiHF (tflw w a> I I Y'^jn feg|l||u2 M^^HB'jtej£-i IMIJRU IMI||MV|| m:«^i«M'te r |giitf **fc'jfi lofod (m may clti 9M #MfeMlitav #^-^KIIMMKWWiWMfc f traiMM»l ».,'jp£HHQfl^^BHHHNHHHBHHBH(fl^^^^fl^H^E36 words
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Article, Illustration1687 2003-03-01 9 teh hooi ling - show me the money Pair trade strategy involves buying a superior stock and shorting a laggard in the same industry teh hooi ling TWO weeks back, OCBC Investment Research came up with a trading idea: a pair trade between Keppel Land and Capita1,687 words
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Article762 2003-03-01 9 Teh Hooi Ling - By Teh Hooi Ling THE five portfolios we constructed have continued to outperform the general market using the Straits Times Index as a proxy. Overall, we have achieved a 4.7 per cent gain on our original dummy capital of $50,000 per portfolio. The median appreciation762 words
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Page 9 Advertisements
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news at home
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Article, Illustration295 2003-03-01 10 Serena Ng - on the economy bank loans By\ Serena Ng BANK lending in Singapore edged up in January 2003 from December last year, but a 0.2 per cent year-on-year fall in lending in January marked a fourth consecutive month of decline, data fromSource: MAS - 295 words
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404 2003-03-01 10 Angela Tan - And a creative education system is the way to build it: Tony Tan Byi Angela Tan HAVING done a good job in building its port, airport and physical infrastructure, Singapore must encourage more risk-tak-ers and develop a creative education system to ensure its future404 words
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381 2003-03-01 10 Chuang Peck Ming - PARLIAMENT Diversifying from electronics will even out growth: BG Yeo Byi Chuang Peck Ming THE government is counting on biomedical sciences the very sector frequently labelled as "volatile" to provide the stability that the Singapore economy has been needing lately. "As the biomedical381 words
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inbrief
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Article94 2003-03-01 10 THANKS to diversification, Singapore's overseas investments have escaped the worst effects of the collapse of the high-tech bubble, according to Second Finance Minister Um Hng Kiang. "While we may not have made spectacular gains during the dotcom era, we were also spared the huge losses when94 words
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134 2003-03-01 10 AN EU-Singapore free trade deal is unlikely to happen soon. Neither is an EUAsean free trade agreement. Trade Industry Minister George Yeo said the European Union prefers to focus on the World Trade Organization first and the current round of WTO talks134 words
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Article, Illustration118 2003-03-01 10 NEWATER is not going to increase your water bill. And don't worry, ifs safe to drink. Giving the assurances, Environment Minister Lim Swee Say noted that advances in water purification technology embodied in NEWater have lowered the high cost of additional water supply in future.118 words
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Page 10 Advertisements
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Advertisement84 2003-03-01 10 Which Is the Winner PAJERO PRADO rovoT\ HI LUX SU R F mss.w MURANO .11-: ip WRANGLER/\<>i\o XC7O miii AI I ROAD QL VI TRO \-Trail makes its debut in Taiwan/Test Drive Two Models of JINBF.I GM CHEVROLET Tough Truck Challenge 2002 OFF ROAD MODIFICATION /1 AND CRUISER FJ4t) The84 words
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Advertisement1060 2003-03-01 10 recnrit+sf>fc.coa.*f Qian Hu Corporation Limited (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Fourth Annual General Meeting of the Company will be held at No 71 Jalan Lekar. Singapore *****0 on Tuesday. 18 March 2003 at 11.00 a.m. to transact the following business: 1 To receive1,060 words
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news executive jobs
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Article, Illustration802 2003-03-01 11 ELGIN TOH, STEPHANIE YAP - Executives retrenched by PSA Corp won't be left high and dry. The company will help them get in touch with firms who are in need of staff. ELGIN TOH and STEPHANIE YAP find out more ELGIN TOH, STEPHANIE YAP ON Feb 15 Deputy Prime MinisterFILE PHOTOS - 802 words
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215 2003-03-01 11 AMERICAN firm Hamilton Sundstrand is on the lookout for planning executives and engineers. The Singapore branch of the Connect-icut-based company wants to hire one planning executive and three engineers that specialise in special process, quality assurance, and manufacturing. All four have to be degree215 words
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Page 11 Advertisements
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Advertisement51 2003-03-01 11 i July 20 V Letter of Rejection i\ I Ik. llftV KSt fo m VI \wl|| Vetterofß M, 'W| C -i;\ Letter Rejection ■ll Letter of R«J m k JIl k 3 2002 M Letter Rejection Brought to you by the Jobs Task Force fea&i -=»£f no«Oi jfr SN,EF Y(y=c51 words
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news region
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Article, Illustration389 2003-03-01 12 Philippines making contingency plans in case of a run on banks Bloomberg [KUALA LUMPUR] Jitters over a war in Iraq have hurt Malaysian manufacturers, while in the Philippines, the central bank is preparing contingency plans in case of a run on banksBloomberg - 389 words
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134 2003-03-01 12 AFP [WASHINGTON] The United States on Thursday dismissed a call by Malaysian Prime Minister Mahathir Mohamad for Muslim states to consider using oil prices as a "weapon" to force a peaceful resolution to the Iraq crisis. Dr Mahathir had made theAFP - 134 words
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asiashorts
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Article, Illustration85 2003-03-01 12 Reuters [KUALA LUMPUR] Malaysian banks yesterday launched chip-based ATM cards following a spate of fraudulent cash withdrawals, making the country among Asia's first to migrate from magnetic stripe cards. Top lender Malayan Banking and the 11 other domestic banks hope to replace the 11 millionReuters - 85 words
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Article71 2003-03-01 12 Reuters [KUALA LUMPUR] Singapore drivers going across the Causeway will have to pay more to fill up their car tanks from today. This is because Malaysia is raising prices of petrol and diesel by 1.5 per cent and 2.7 per cent per litre. Pump pricesReuters - 71 words
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Article69 2003-03-01 12 Reuters [JAKARTA] Indonesia has extended until mid-March a deadline for lodging preliminary bids for a majority stake in Bank Danamon because of the high interest in the sale, the Indonesian Bank Restructuring Agency said yesterday. Singapore's Temasek Holdings has also reportedly been asked by Indonesia toReuters - 69 words
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Article46 2003-03-01 12 Reuters [BEIJING] China's gross domestic product grew an annual 8 per cent in 2002, the State Statistical Bureau said yesterday. The figure exceeded the government target of 7 per cent, powered by strong export growth and state spending on infrastructure.—ReutersReuters - 46 words
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Article100 2003-03-01 12 AP [JAKARTA] Indonesian prosecutors are preparing treason charges against the suspected head of the regional terror group implicated in the Oct 12 Ball bombings. Abu Bakar Bashir was arrested soon after the Bali attack that killed 202 people. Police say he is the leader ofAP - 100 words
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Article95 2003-03-01 12 Bloomberg [KUALA LUMPUR] Genting Bhd, Asia's biggest casino group by sales, said fourth quarter profit rose by a fifth because the cruise business picked up and tourists spent more at its highland resort. Net income rose to RMI73 million (5579.1 million), or 24.5 sen perBloomberg - 95 words
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398 2003-03-01 12 Bloomberg [TOKYO] Japanese makers of vehicles and auto parts including Bridgestone, Suzuki and Nissan Motor are investing millions of dollars to establish themselves in China, one of the world's fastest growing auto markets, as well as in Asean, ahead of theBloomberg - 398 words
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Article, Illustration526 2003-03-01 12 al labita - letterfrommanila by al labita AT night, it used to be a struggle to get a seat in Makati city's choice bar Joints. Brokers, analysts and dealers crowded them, gulping down beers after a day's nerve-wracking trading session. For bar owners, thoseAFP - 526 words
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Article2290 2003-03-01 12 Transaction date: Feb 28 KUALA LUMPUR RM w- rooc FWlndustnet jO.H unch 0 Gadang 0J0 -0 08 1 A»M Realty 0.74 unch 12 G amuda -5.45 0.05 592 Abric 047 <01 23 GanadCoip 0.91 006 7 ACP Industries 310 -004 112 9 tr *"'.9 a °4« -001 13 Advance2,290 words
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Page 12 Advertisements
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Advertisement1099 2003-03-01 12 recnrttfesphxoßLJg IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF SOUTHERN ZHEN GUAN AGENCIES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY OVEN that pursuant to Secton 306 of the CompanesAct Cap. 50. a final Mootng of members of the1,099 words
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Advertisement57 2003-03-01 12 I Modern electronic mfg Company looking for interested party to take-over facility Total leased space 6000 sqft 1100 sqft class 1000 clean room Fully air-con Office with modem furniture Every thing look new Internet ready leased line Card access CCTV Negotiable takeover fee/no debts ZBTO TECHNOLOGIES PTE LTD Interested party,57 words
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news world
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493 2003-03-01 13 CEO REMUNERATION But Henry Paulson still earned more than his counterparts in Morgan Stanley and Citigroup Bloomberg, NYT [NEW YORK] Henry Paulson, chief executive officer of Goldman Sachs Group Inc, had his pay cut by 36 per cent last yearBloomberg,; NYT - 493 words
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Article336 2003-03-01 13 Reuters [LOS ANGELES] Carly Fiorina, chief executive of Hewlett-Packard Co, got a pay package worth more than US$lO million last year, while lieutenant Michael Capellas received more than US$26 million after resigning, filings showed on Thursday. Ms Fiorina, the main engineer of the acquisitionReuters - 336 words
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302 2003-03-01 13 Reuters [TOKYO] Shares in Japanese video game maker Sega Corp soared yesterday after a media report that Microsoft Corp and top US game publisher Electronic Arts Inc were considering billion-dollar takeover bids for the company. The Asian Wall StreetReuters - 302 words
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inbrief
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83 2003-03-01 13 Reuters, AP [BAGHDAD] Iraq said yesterday it would obey UN orders to destroy its A 1 Samoud2 mjaaflu ami could start doing so today. But as the US intensified its military build up in the Gulf region, US President GeorgeReuters,; AP - 83 words
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Article68 2003-03-01 13 AFP [FRANKFURT] The International Monetary Fund has drastically reduced its forecast for German growth this year to 0.7 percent from a previous prognosis of 1.75 per cent, the business daily Hondelsblatt reported yesterday. At the end of October, the IMF had already lowered its forecastAFP - 68 words
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69 2003-03-01 13 Reuters [TOKYO] Japan's biggest brokerage, Nomura Holdings Inc, announced a change of top management yesterday and said it would switch to a US-style corporate governance structure in June to boost management transparency. Under the new management structure to take effect in April, Nobuyuki Koga, 52,Reuters - 69 words
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46 2003-03-01 13 Geneva lawsuit against Ernst Young Reuters [GENEVA] The canton of Geneva on Thursday demanded three billion Swiss francs (Ss3.B billion) from the Swiss arm of auditors Ernst Young for what it called "serious breaches" in handling the accounts of the local Banque Cantonale de Geneve. —ReutersReuters - 46 words
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Article4514 2003-03-01 13 Transaction date: Feb 28 for more, go to iimmixiskummmarketsjcxmi U HONG KONG \m hkrhi 120 -0.01 193 MP W Hong Kong Electric -2975 0.15 1179 Hongkong Chinese .0.63 unch 1194 Alpha Genaral .022 unch 51 Hongkong Chinese Ltd 0 63 unch 1194 AnandaWingOn —.0.01 unch ***** Hopewell Holdings4,514 words
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Page 13 Advertisements
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Advertisement59 2003-03-01 13 y m compar>. ♦o'f.at'on n a the "-a-cr 'a.« i"JF a r eas uc3.nQ Th© world S Incorporation Fees from USSSOO leading a/jTr",Wee'ccc 1 Offshore Ms Florence Nathan Gere r a S. r QrtDOTO. Pt6 L*'~? Company 24 Ra -e p< *26-04 c Siaapce 0-8621 and Tax Tel: (65) 653559 words
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style motoring
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bravenewwhirl
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Article, Illustration122 2003-03-01 14 GENERAL Motors will start selling its new baby Cadillac in Japan next month in an effort to challenge domestic makers in the highly competitive entry-level luxury segment, AP reported. The Cadillac CTS will roll into Japanese showrooms on March 8 and start at 4.95 million yen122 words
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89 2003-03-01 14 RENAULT will invest 230 million euros (SS43O million) to produce a new car in Russia from 2005, Reuters reported. The new X9O model a compact built on the Clio platform would be produced at the factory of its local unit Avtoframos, which will have a89 words
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Article, Illustration105 2003-03-01 14 NISSAN's total makeover in the hands of its French owner Renault has resulted in a car that will make all Cefiro owners quiver. The new Cefiro is nothing like its predecessors. Following the bold styling direction evident in recent models like the Primera, March and105 words
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Article, Illustration78 2003-03-01 14 Christopher Tan - -Compiled by* Christopher Tan LOVE the Audi TT but wish it had an automatic shift? Your prayers are answered. The sexy number is now available with a six-speed Tiptronic shift. Which means you can drive without any wrist work down Orchard Road, or play78 words
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Article, Illustration787 2003-03-01 14 CHRISTOPHER TAN - Looking for an investment that will yield more fun than funds? Let CHRISTOPHER TAN introduce you to the manual Porsche Boxster CHRISTOPHER TAN AUTOMATIC transmissions have become so sophisticated that in some cases, they offer the same performance that their manual counterparts can deliver. In rare instances, they're787 words
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Article, Illustration553 2003-03-01 14 CHRISTOPHER TAN - Subaru's WKX undergoes an eye job. But thaf snot the only thing that will help the Imprezaturn more heads, says CHRISTOPHER TAN CHRISTOPHER TAN WHEN Subaru unveiled its current generation Impreza nearly two years ago, there was a unified thud across the land as fans and critics553 words
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style food
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Article, Illustration1032 2003-03-01 15 GEOFFREY EU - Jaded with wine and food pairing parties? Head for the beer and gourmet food pairing class at this year's World Gourmet Summit instead, says GEOFFREY EU GEOFFREY EU IF the prospect of pairing gourmet food with an alcoholic beverage that isn't wine sounds mildly intoxicating or1,032 words
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Page 15 Advertisements
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Advertisement1262 2003-03-01 15 wine&dine with weekendßT WHy Bortirt karaage chicken, agedashi tofu, handrolls, edamame 333 Orchard Road. TeL *****411 served with cinnamon and honey. TO April 15, enjoy 15 Holland Village. Tel: *****920 and more. Weekdays: $16.90++ (adult), $15.90++ Dme on the famous Hainanese chicken noe at the per cent discount on the1,262 words
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Page 15 Miscellaneous
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Miscellaneous375 2003-03-01 15 CRYPTIC CROSSWORD ACROSS 3 Insect that's always H 2 3 4 5 HP Iff 1 Tired, chum? Let's call it a plagued us (6) pH— draw (9) 4 On average, it pays to be 9 A hat for a gangster (6) sincere (4,2) Lai 10 He looks at a magazine375 words
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style sports
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Article, Illustration807 2003-03-01 16 ronnie lim - frankly speaking ronnie lim THE F-l circus hits town again next weekend in Melbourne (March 8-9), with many hoping the 2003 season's opener will not turn out to be just another (processional) yawn, led by Maranello's "prancing horses" and German ace807 words
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Article, Illustration693 2003-03-01 16 He wants to make his mark by beating a 106-year-old record AP FOR the first time in 106 years, a former middleweight champion could become a world heavyweight boxing champion. Roy Jones Jr will attempt the impossible tomorrow (Singapore time) when he challenges John Ruiz, 33AP; AFP - 693 words
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Article759 2003-03-01 16 Transaction date: Feb 28 TURNOVER C000) VALUE (WO) m* Tt«i m* im* MuMInd 18.171 18,171 47.6K 47,685 Manubcturg 73,901 15,824 89,725 *****7 906 ***** Commerce 19,795 ***** 43.174 14.951 5351 20.202 TptfitoriCon 37,017 35 37,052 43.058 5 43.063 Franc* ***** ***** ***** 86.995 Construction ***** 3,949 ***** 3.560 258759 words
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Article1383 2003-03-01 16 SM* Last Vol Day Last Quote OOio 0t» GfTM Nrt MCap 524* lait V* _QIf CfOhr l£ ftVM MM MCag I—i I—I (gjg Sate W- r*00) nm» jgt »g hj» Cw *1 iS I—r Sat» w 22 7 5 ABRHkjas5c 9 -0.5 2 9 9 9 10.5 17.41,383 words
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Article515 2003-03-01 16 BONDS WARRANTS mm Uftry Last Vol Cam bar Ota tear 1Mb car Ml ««r- f81 Nm >t AST1W*****1 175 1 16 179 069 16 «—IK—MM I 1 SO 767 3.00 21 A/ntckW0S06K> SI 1 25 1 33 3 1 48 28 Armstrong 1MM0520 AS 1 10 75 1200 15 8ar6%5A09O9O1515 words
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Article147 2003-03-01 16 SI-» L-« M D* UMQ—t «n» 0* OTH MM MCai ■MU. C !■»■■> SM. PW> I 1— Cm M US K AVJwwngiA2Sc A100 -1 44 101 100 99 100 40 M 10 SJ 2152 Cjth*P»c20c HK720 Owing KongSOc HK17W t! 44 44s SS 45 City* Solutions U HMS147 words
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Article213 2003-03-01 16 S2-M Urt M Day UMQmO Grtt» Mr CUM MM MC* hSTL. s*. w- c*m w toiti* %C» m 13 ***** Dianorak uS8780oJ S2«0 2700 tSDJ USTeth US37«0cd SB 555 IS MSCI Spore USSSS UNO «200 ISSAP500 US8270cd ***** mo VMS US8280od IMS 1292 STIFTT100 1299 -1 14 1308213 words
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style consumer alert
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Article, Illustration1132 2003-03-01 17 STEPHANIE YAP, ELGIN TOH - All ready to cash out those miles you chalked up for a free flight to Bangkok? It may not be as quick and easy as you think, as STEPHANIE YAP and ELGIN TOH find out STEPHANIE YAP, ELGIN TOH SINCE American Airlines launched the world's first1,132 words
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Article255 2003-03-01 17 WHAT if you were not a frequent flyer? If you make a couple of trips a year, it will take you a decade to redeem anything meaningful. Does that mean that you may as well write off whatever miles you've earned and forget about frequent flyer programmes?255 words
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Article5489 2003-03-01 17 Transaction date: Feb 28 for live prices, log on to itniswxisiaonemarketsjcom 52-Wh Last Vol Day Last Quote GrtNv Df> GrYW MM MCjp W# I— Cn«p»i Sale W- fl M0i U» Buyer Mhr Cw M W ABNAmroNLG 56c 9 12 34 1388 20.5 9 ACE Dynam*cs20c 11.5 unch 75,489 words
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style shopping
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Article, Illustration680 2003-03-01 18 CORINNE KERK - Christian Dior's new homeware range could well change that with its couture-inspired designs. CORINNE KERK finds out CORINNE KERK DINNERWARE from Versace, bedlinen from Etro and scented candles from Donna Karan. Not enough fashion labels in your home? Then consider Dior Collection Maison, a new line680 words
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Article, Illustration529 2003-03-01 18 Cheah Ui-Hoon - Byi Cheah Ui-Hoon THE house of Mauboussin might be a small gem compared to other better-known jewellery brands, but it's not daunted. And nor does it want to change its position. For one, it's still forging ahead to boost its presence in Asia. "We're expanding our store529 words
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instore
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Article, Illustration49 2003-03-01 18 Add some colour to your dining table setting with these winsome napkin holders. All imported from India, the one with floral sequins costs $9; the other two (metal ring and cotton cord) cost $5 each. Available at British India, including at Tanglin Mall and Millenia Walk.49 words
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Article, Illustration32 2003-03-01 18 What charm, this arty tea pot. Indeed a piece of art, the porcelain masterpiece is designed by Japanese artist Kazuhiko Tomita. It costs $194 at Studio Haus, Millenia Walk.32 words
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Article, Illustration87 2003-03-01 18 YOU won't want to fill these lovely bowls from Portmeirion with anything else but clear soup—just so the charming floral motif is not concealed! Inspired by the English garden and part of the Flo series, the llcm-diameter porcelain rice bowls come in six different flower designs. They cost87 words
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Article154 2003-03-01 18 Sale of luggage, travel bags, men's briefcases, women's handbags, pouches and belts by Classic Leather Shop (till March 9, basement 1 atrium) Sale of furnishings and accessories by Kwong Ngai Trading Enterprise (now till March 9, level 1 atrium) Grand sale at British India (up to 70 per cent154 words
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Article, Illustration41 2003-03-01 18 If you have a country-themed kitchen, stock up on these brick-lined plates for added effect. Part of the tableware sale in Daimaru, this Palladio plate is going for a song at 70 per cent off its $130 price tag.41 words
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style health
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Article, Illustration944 2003-03-01 19 CHEAH UI-HOON - Innovations and advances in diagnostics, from DIY home kits to new hospital procedures, make it easier to spot and treat medical disorders. CHEAH UI-HOON reports CHEAH UI-HOON DIAGNOSING health threats at an early stage, before they become irreversible full-blown diseases is a process that's getting more sophisticated all944 words
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Article, Illustration659 2003-03-01 19 PARVATHI NAYAR - PARVATHINAYAR tries out Ayurveda treatments at Earth Sanctuary PARVATHI NAYAR THE conveniently located Earth Sanctuary Ayurveda Spa as its name suggests offers a range of holistic Ayurveda treatments designed to soothe, detoxify, heal and rejuvenate. Ayurveda in the hands of a trained physician is used659 words
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Article334 2003-03-01 19 Cheah Ui-Hoon - Compiled by Cheah Ui-Hoon Q: I've high myopia and have been warned about retinal detachment, where the retina separates from the outer layers of the eye, a condition which can lead to blindness if not treated early. How weak is the eye after laser treatment (photocoagulation) for retinal detachment?334 words
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Article2986 2003-03-01 19 UNIT TRUSTS FUNDS Com Global Finance IndexFd 0 668/ Com Global Lifestyle Index Fd 0766/ ifniiiii Com Global Health lnde» Fd 0 728/ f", JU* s Com Global Telecom Index Fd 0373/ 2? |"™Pf ly* Com Global Infotec Index Fd!" 0.253/ Star Europe Bd 1 192/ index Fd 0 77V2,986 words
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Page 19 Advertisements
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Advertisement107 2003-03-01 19 Have a health question on your mind? Ask our panel of medical experts who'll be happy to offer advice on anything from physical ailments, diet, nutrition to general well-being. Email your questions to btletter&sph.com.sg health talks UaHr—a—«■* imiii Speaker John Yeo, Acupuncturist/TCM Practitioner Time: Today, 2-spm Venue: Hotel Phoenix Admission:107 words
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style pursuits
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Article653 2003-03-01 20 jaime ee - Domestic chores take on new urgency in the latest extreme sporty while wildlife is enlisted to play a part in surveillance with jaime ee Hottest new sport in town LOOKING for a new danger sport that combines the thrills of an extreme outdoor activity with the satisfaction of a653 words
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Article, Illustration863 2003-03-01 20 vijay verghese - travelling light vijay verghese ONE good reason to drive in Bali is the recurring opportunity to seriously contemplate an eternal conundrum why did the chicken cross the road? Or, for that matter, the dogs, the ducks and cows and just about everything with legs and wheels,863 words
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Article, Illustration1206 2003-03-01 20 PARVATHI NAYAR - Going out or staying in this weekend? parvathi nayar rounds up our reviewers' recommendations PARVATHI NAYAR performance Ethereal beauty TONIGHT, the famed Cloud Gate Theatre Company from Taiwan presents a work of poetry and mirrors entitled Moon Water at the Esplanade (tickets from Sistic, Esplanade Box Office or www.esplanade.com).1,206 words
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