The Business Times, 29 March 2003
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2003-03-29
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The Business Times
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Title Section16 2003-03-29 1 MITA (P) 024/03/2003 85C THE BUSINESS TIMES SINGAPORE MARCH 29-30. 2003 -".tt;).. iwsiness-t.rr-es asi«-i com sg16 words
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Article, Illustration981 2003-03-29 1 WONG WEI KONG - The stock market may be on edge, but there will be winners and losers. The trick is to spot them, says WONG WEI KONG ANOTHE^MKE^ WONG WEI KONG THERE'S war and disease but there are still stocks out there to buy ifSource: Reuters - 981 words
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954 2003-03-29 1 Siow Li Sen - EXCLUSIVE By Siow Li Sen [SINGAPORE) Surprise, surprise, many small law firms are doing just fine, and a sizeable number have even expanded and added more staff lately. The expected demise of small legal firms, especially those that do mainly conveyancing954 words
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924 2003-03-29 1 SARS OUTBREAK Economists also bracing for effect on the economy [SINGAPORE] Sars has well and truly infected corporate Singapore and with potentially severe after-effects on the economy as well. The severity of the symptoms were plain to see yesterday: Cruise line Pacific924 words
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newsbreak
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Article101 2003-03-29 1 SINGAPORE Press Holdings' net profit including exceptional items rose 67.8 per cent to $273.5 million for the half-year ended Feb 28 but the outlook for the rest of the year is uncertain. The group also declared an interim gross dividend of 20 cents a share101 words
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Article107 2003-03-29 1 [WASHINGTON] US consumer spending was unchanged in February but incomes posted a solid advance, the Commerce Department said yesterday in a report that showed rising energy costs eating into purchasing power. Consumer spending was flat both last month and in January. The department also107 words
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Page 1 Advertisements
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Advertisement9 2003-03-29 1 (MAKING TIME A new monthly page devoted to watches.9 words
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Advertisement12 2003-03-29 1 MOTORING The new Honda Accord is hot j and spicy PMC 1412 words
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Advertisement28 2003-03-29 1 RAFFLES CONVERSATION The Sun hasn't gone down, says Sun Microsystems chairman Scott McNealy. PACE 3 Beefed up banks wont recruit many *****1111 l 8 1 ***** V,*****411,*****4 1128 words
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Advertisement12 2003-03-29 1 PROPERTY Playing the en bloc game. PAGES WIN Jffll A PLASMA TV12 words
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news front
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577 2003-03-29 2 Genevieve Cua - EXCLUSIVE Foreign films may enjoy a headstart but they will have to tailor their services to local needs Ryi Genevieve Cua [SINGAPORE] The Aussies are coming and so are the Brits. Singapore's nascent financial planning industry is about to get a shot577 words
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Article, Illustration782 2003-03-29 2 Anthony Rowley - Pact will integrate nations and bring peace and prosperity From< Anthony Rowley in Tokyo PRIME Minister Goh Chok Tong yesterday challenged Japan and other regional nations to work towards a "long-term vision" of cooperation by constructing a pan-Asian free trade area, buildingREUTERS - 782 words
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386 2003-03-29 2 Tang Weng Fai - Divestment of unit result of strategic review, says Sing Tel By Tang Weng Fai {SINGAPORE] Singapore Post (Sing Post), a wholly owned unit of Singapore Telecommunications Ltd, said yesterday it has received approval from the Singapore Exchange for a mainboard listing. News indicating the386 words
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870 2003-03-29 2 pat chan - saturdaysoapbox with pat chan I STRAP on a life vest, pull the tight helmet over my head, climb into a tiny cockpit, snap on the seatbelt, and squeeze in next to the world's best F1 powerboat racer. Guido Cappellini, seven-time world870 words
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the raffles conversation
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Article, Illustration2086 2003-03-29 3 KENNETH JAMES - The Sun hasn't gone down like the critics say. On the contrary, the Silicon Valley computer systems company is set to confound those who take potshots at it feisty chief Scott McNealy tells KENNETH JAMES KENNETH JAMES In 1997 when Sun Microsystems chairman Scott McNealy visited Singapore, hisARTHUR LEE - 2,086 words
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Article674 2003-03-29 3 SCOTT McNealy knows all about pressure. He's led his company, Sun Microsystems, through periods of stunning growth and, more recently, falling demand in a major industry downturn. Clearly, he still relishes the challenge. Question is, does the pressure get stronger as he approaches the Big674 words
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Page 3 Advertisements
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Advertisement76 2003-03-29 3 The Raffles Conversation is brought to you /"V'V through a special arrangement with Raffles I 9 /-v 1 1 I International Hotels and Resorts. The I J I I If Traveller's Palm in the Raffles International Vl* I 1 IX/Ll logo is an apt symbol. Not only has water stored76 words
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WAR IN IRAQ
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515 2003-03-29 4 Concerns about worldwide supplies also raised by continued loss off production from Nigeria Reuters Bloomberg [LONDON] Crude oil prices advanced further yesterday and touched the highest level since the start of the Iraq war nine days ago. The widely-traded Brent blend roseReuters; Bloomberg - 515 words
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539 2003-03-29 4 Reuters AFP AP [BAGHDAD] Allied forces are bracing for a major battle this weekend against crack Iraqi troops near Kerbala, south of Baghdad. This will be the prelude to the long-awaited assault on the Iraqi capital, although the earliest that is likelyReuters; AFP; AP - 539 words
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warbrief
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Article81 2003-03-29 4 Reuters [LONDON] War insurance premiums have more than doubled for ships calling at Iraqi ports in the last 48 hours, a leading Lloyd's syndicate said yesterday, a cost that will hit aid agencies pouring relief into Iraq. "Hull and machinery insurance has risen to 7.5-10 perReuters - 81 words
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Article78 2003-03-29 4 NYT [NEW YORK] Hans Blix, the chief UN weapons inspector whose measured reports on Iraq's limited and grudging cooperation helped scuttle the chances of UN approval of the US-led action against Iraq, said in a television interview on Thursday that he expected toNYT - 78 words
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Article74 2003-03-29 4 AFP [LOS ANGELES] Hollywood is refusing to be drafted to help the administration of President George Bush sell its stance on the war in Iraq, the entertainment press said on Thursday. The US cinema industry's top lobbyist Jack Valenti has told Washington that Tinseltown won'tAFP - 74 words
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Article96 2003-03-29 4 AFP [ON BOARD HMS CHATHAM] US-led forces have yet to get their hands on Iraqi leader Saddam Hussein but they may have hit him where it hurts sinking his luxurious yacht, a British commander said. Captain Michael Cochrane, commander of the British frigate Chatham, said that airAFP - 96 words
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Article117 2003-03-29 4 Source: BBC website, Reuters 8.30 pm, Sporo time The British supply ship, the Sir Galahad, arrives at the southern Iraqi port of Umm Qasr to deliver the first shipload of humanitarian supplies. 2.17 pm Thousands more US troops move in to join the battle for the southernSource: BBC website, Reuters - 117 words
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197 2003-03-29 4 AP [NEW YORK] Think Saddam Hussein's days are numbered? Care to put a little money on it? If so, tune up your Web browser to one of the many Internet gambling sites taking bets on how long Saddam Hussein will hold onto theAP - 197 words
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Article, Illustration468 2003-03-29 4 The Far Eastern Economic Review asked Asian leaders. These were some of their answers: C The US was once a coun- try to be respected and adrrorea, it wouio sown mat im present administration Is content that It only be feared... The US468 words
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350 2003-03-29 4 UN close to adopting revamped oil-for-food plan Reuters LAT-WP [NEW YORK] The Security Council was close yesterday to tapping billions of dollars in Iraqi oil revenues to purchase food and medicine to avert a humanitarian crisis in the week-old war. This will be the biggest humanitarian assistance programme in UnitedReuters; LAT-WP - 350 words
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298 2003-03-29 4 SPOILS OF WAR AFP [LONDON] Sharp differences have emerged between the United States and Britain on who should rebuild the Iraqi port of Umm Qasr after the war, with the Americans giving the nod to a US company and the British insisting onAFP - 298 words
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296 2003-03-29 4 AFP [WASHINGTON! A group of Republican lawmakers in the House of Representatives is set to urge Defense Secretary Donald Rumsfeld to cancel a US$BBl million contract with a France-based company to feed US Marines. "My colleagues and I abhor the idea of continuingAFP - 296 words
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news companies
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566 2003-03-29 5 Wong Wei Kong - Results include exceptional gain; interim and special dividends totalling 50c a share By\ Wong Wei Kong SINGAPORE Press Holdings (SPH) said yesterday its net profit including exceptional items rose 67.8 per cent to $273.5 million for the half-year ended Feb 28 but566 words
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Article, Illustration952 2003-03-29 5 LOH HUI YIN - corporate analysis People's Food and United Food vie for market share and investors' attention. LOH HUI YIN sizes them up LOH HUI YIN THERE'S a mini-"porkers" war going on in Singapore between two pork product suppliers from China. They are People's Food and rival United952 words
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536 2003-03-29 5 Kalpana Rashiwala - By Kalpana Rashiwala IN a market buffeted by war and disease, Singapore's major listed property groups have something to cheer about at least for now. They all posted improved bottom lines in the latest reporting season. Wing Tai Holdings, last536 words
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Article, Illustration653 2003-03-29 5 r sivanithy - market review r sivanithy AN e-mail making the rounds goes something like this: "You know the world has gone crazy when the best rapper is white, the best golfer is black, the Swiss win the Americas Cup, the French accuse the US of arrogance653 words
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Article69 2003-03-29 5 STI 1,318.43 (+4.78) ST INDEX FUIURES 1,820.00 (+6.00) SIMSCI FUTURES liLtl (+0.50) Friday Change KLSKCOMP 634.% *212 NIKKEI 225 8J28B.I6 -88-51 HANG SENCi HJMSL36 8.96 SET INDEX 389.53 +4J59 JAKARTA (X)MP-404.43 <309 MANILA COMP .1.038.23 .323 TAIPEI WPt 4.477.01 -37.23 HCW ***** +7.07 SHENZHEN B 2U0.07 -0.22 AI'ST ALLORD69 words
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Article72 2003-03-29 5 FOREX RATES US* SS IS$ (S$ per I7SS) 1769 £(TSS/S$ per 1.562 1764 ETR<HTS$/S$/E) 1.070 1.893 YEN 1201 67 JO KM 3.800 1148 HKS 7.799 4.408 BAHT 4194 2417 RIP1AH 8405 5.033 RENMINBI 8199 4.691 INDIAN Rl PEE 4756 26.88 PRIME RATES SINGAPORE* 535 KI'ALA U'MPTK 6441 HONG KONG72 words
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corporate roundup
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115 2003-03-29 5 AFTER the heated takeover battle for NatSteel, hotel and property tycoon Ong Beng Seng seems ready to tighten his grip on his listed flagship Hotel Properties Ltd. In separate announcements yesterday, Mr Ong and his father-in-law Peter Fu said they had raised their115 words
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105 2003-03-29 5 OSIM, the homegrown company that has made a business out of healthy living, is expanding its focus on eating right. It is eyeing a slice of the company that owns the GNC nutritional products franchise across Asia. Osim said yesterday it has entered into105 words
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Article109 2003-03-29 5 EARNINGS remained flat for instant beverage maker Super Coffeemix in 2002, as higher sales of coffee products were offset by lower cereal sales. The mainboard-listed company yesterday reported a net profit of $5.35 million, unchanged from 2001. Reve- nue slipped to $116 million from109 words
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Article80 2003-03-29 5 BESIDES a strong dividend payout, bonus share issues seem to be the "in" thing among listed companies. Following in the recent footsteps of Osim International, Seksun Corporation and China Aviation Oil, Singapore Reinsurance Corporation (Singße) yesterday proposed a one-for-10 bonus issue, subject to80 words
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Article103 2003-03-29 5 GET another piece of the company instead of dividends. This is what Hongkong-based Surface Mount Technology is proposing to shareholders under its new scrip dividend scheme. The Singapore-listed group says the scheme, if approved, will allow shareholders to opt for new ordinary shares instead of receiving103 words
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Article98 2003-03-29 5 BELGIAN telecommunications operator Belgacom and French rival Vivendi's Cegetel unit have halted merger talks, a Belgian daily said yesterday, quoting a source close to the talks. "Vivendi has other priorities. A possible merger with Belgacom is no longer part of them," the source told the financial98 words
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money property
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Article1154 2003-03-29 6 KALPANA RASHIWALA - Is this a good time to invest in an apartment with collective sale potential? KALPANA RASHIWALA finds out KALPANA RASHIWALA YOU could call them "en bloc kings and queens" individuals who own multiple properties with collective sale potential. One property agent told BT of someone1,154 words
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Article369 2003-03-29 6 THE windfall from an en bloc sale comes from the fact that apartments sold collectively are worth more to a developer for their land area than if the units were sold individually on the market. During the heyday of collective sales from 1994 to 1997369 words
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Article1493 2003-03-29 6 District 02 NON-LANDED Infl Plaza Apt 28/02/2003 99 1507 500 332 Intl Plaza Apt 16/01/2003 99 1367 580 424 District 03 NON-LANDED AJessandrea Apt 26/02/2003 FH 1098 733 668 Alessandrea Apt 06/02/2003 FH 1098 670 6101,493 words
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Page 6 Advertisements
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Advertisement183 2003-03-29 6 DTZ Debenham lie Leung is a leading global real estate services group providing a full range of services at international, regional and local levels to investors, owners and occupiers. DTZ has established a name for advising some of Southeast Asia's most significant investment deals, achieving an unrivalled track record. Since183 words
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Page 7 Advertisements
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Advertisement1851 2003-03-29 7 EDUCATE INFORM ENTERTAIN r -—rj Z~n? r ~l7- r" mm 2M2 M hHw Auguet 31,2002 end Fbbraery 21 2003, te Company asuad *****6 ardtoary mares of SJI.OO eadi span —2mJ l 2? —2003 2002 —rtienna SSOBO STDOO —pwmMMte Sfogapom tees Heftegs 6sm» tia—m' Sham Option Sdaaaa <te 'H9O STOOO srooo1,851 words
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money personal finance
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Article, Illustration985 2003-03-29 8 STEPHANIE YAP - You may be surprised at how flexible some of the schemes are. STEPHANIE YAP sizes up the options available to fund a further education STEPHANIE YAP AMID the current economic gloom and uncertain job prospects for fresh graduates, most people will think twiceFILE PHOTO - 985 words
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796 2003-03-29 8 Teh Hooi Ling - By Teh Hooi Ling STOCKS which have lost the most value in percentage terms for the year to Feb 4 and March 3, 2003 are rebounding very nicely indeed. The one-year top losers portfolio is continuing its winning streak, adding another one per796 words
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Article1111 2003-03-29 8 BT SHAR E INFORMATION SERVICE for week beginning Mar 24 C—p—y Hk» Hi H— Cycle A The Mandarin Court 06-May 11 15am Carriage 4th Floor. Grand Tower Meritus Mandarin S pore 333 Orchard Road Sembcorp A 29 Taniong Kling Rd 16 Apr 11 00am Marine E Spore *****4 11 15am1,111 words
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Article, Illustration597 2003-03-29 8 Transaction date: Mar 28 RATES M-seres Marurtw-Jf Start 1-3yiylong >3fS IHTERBAHK CUMUDfCT RATES A faint S$ kqttoit US$ Against S$ Against US$ Carratfs Mi Off* M Offtf ftngdw Bkj Offtf Bid Off* Stl'SS to 100 Sttxs to one unit of foreign rurrrnry: units of foreign Australian dollar LOW! 1.0618597 words
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Page 8 Advertisements
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Advertisement21 2003-03-29 8 oFrom CDs to cor accessories, find them all In The Straits Times Classified. 't» CA.T.}. Buy It S«N It Find It21 words
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money personal investment
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456 2003-03-29 9 ILPs offer both protection and potential equity gains but there is also the risk of falling unit values INSURANCE-linked products (ILPs) are instruments which aim to give you both protection and the potential upside of equities. The monthly premium you pay will be used to buy456 words
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Article, Illustration1371 2003-03-29 9 teh hooi ling - show me the money The higher dividend payouts today signal that stocks are undervalued and are set for an upturn teh hooi ling LAST year, I explored ways to gauge whether the stock market was over- or undervalued by looking at theCompiled by BT - 1,371 words
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262 2003-03-29 9 Genevieve Cua - By Genevieve Cua THE Monetary Authority of Singapore has revised the guidelines for property funds, allowing them to raise their gearing level. In a statement yesterday, MAS said property funds can borrow up to 35 per cent of their deposited property, compared262 words
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Page 9 Advertisements
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Advertisement429 2003-03-29 9 Need a Plasma TV at home? Then take part in DBS' Plan 'N Win Lucky Draw. All you have to do is SMS us your particulars and answers to two simple questions and you qualify for the draw! The three prizes, worth more tnan $10,000, are: PDP-433HDG Pioneer Plasma TV429 words
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news at home
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249 2003-03-29 10 THE number of distressed properties offered for sale rose to a record 488 in the first quarter of this year up 19 per cent from the Final three months of last year. Not everything found a buyer, and the higher volume did249 words
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Article, Illustration493 2003-03-29 10 Vince Chong - CityDev also beats others in survey on property attributes by NUS Vince Chong PROPERTY giants City Developments Ltd, CapitaLand and Far East Organisation have emerged as the most successful brands in the residential home market in research conducted by the National University of493 words
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295 2003-03-29 10 Kalpana Rashiwala - Kalpana Rashiwala ONLY 4 per cent of Singapore households buy most of their consumer packaged goods and fresh food at hypermarkets, suggesting there is considerable growth potential on this retailing format, according to a survey by AC Nielsen. The marketing informa tion company said295 words
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inbrief
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Article165 2003-03-29 10 RETAIL rents may have peaked and could dip later in the year, says Jones Lang Lasalle (JLL). It warned in a report yesterday that with retailers "likely to suffer further from rising domestic unemployment and a depressed tourist market", the limited supply of retail space165 words
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Article142 2003-03-29 10 THE Economic Development Board hopes to convince more people to take fun and games seriously. How? By making them develop games as a living. EDB said yesterday it is sending six people for an 18-month attachment at Wow Entertainment, a game-development subsidiary of Sega Corp.142 words
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434 2003-03-29 10 Anna Teo - eye on the economy investment outlook By Anna Teo SINGAPORE will remain one of the world's top 10 investment havens over the next five years picking up from seventh to sixth in the rankings according to the Economist Intelligence Unit (EIU). Still, it will434 words
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Page 10 Advertisements
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Advertisement348 2003-03-29 10 Hfl fl I PETER KNIPP WORLD COI'RMET SIMMIT sncakm •rp"' 7 a First in Poritirii Celebrate the art of exquisite dining in Pontini, where for the very first time we welcome a female Chef. Together with Pontini's flamboyant Chef Miehele Pavanello, Chef Moroni and her culinary team will be presenting348 words
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Advertisement506 2003-03-29 10 IN TVC MATTER Of THE COMPANIES ACT (CAP 50) AND M THE MATTER Of SOUO INVESTMENTS PTE LTD (In Members VWrtary Louriaton) NOTICE Of FMAL MEETING NOTICE IS HEREBY GIVEN tM pursuit 10 Sedan 308 ol tie Compares Ad. Cap 50 aFnal Meeting ol members ol the abo»enamed Company «nl506 words
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Advertisement360 2003-03-29 10 IN THK MATTKR OK THK COMPANIES ACT, CHAPTKR 50 AND IN THK MATTKR OK RKGKNT STREET BOUTIQUE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) KINAL GKNKRAL MEETING NOTICE is hereby given pursuant lo Section 308 of the Companies Act. Cap. 50, that the KINAL GKNKRAL MEETING of the members of the360 words
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Advertisement356 2003-03-29 10 H THE MATTER Of THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF WALTONS PHARMACY PTE LTD (Incorporated in tta Republic of Singapore) (IN MEMBERS VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN pursuant to Section 308 ol the Companies Act. Cap 50 that the Fral Meeting ol the Members of356 words
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Advertisement197 2003-03-29 10 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MAINLAND INVESTORS (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Sector 306(1) of the Companies Act Cap. 50. that a Final General Meeting of the abovenamed Company wM be held at197 words
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news executive jobs
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Article, Illustration755 2003-03-29 11 SIOW LI SEN - They're moving treasury ops here and will fill most jobs by relocating staff, reports SIOW LI SEN SIOW LI SEN THE recent headline news about several global banks making Singapore their treasury centre for Asian operations unfortunately will not translate into a hiring spree755 words
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Article119 2003-03-29 11 Compiled by BT Chief Executive Officer Mount Alvernia Hospital Community Affairs Manager iyf i Levi Strauss Asia Pacific Recruit@ievi.com Sr Director, Technical Services Oracle resumeau oracte.com Group Leasing Manager Marketing Communications Manager Capita Land Commercial cdhr@caprtaland.com.sg Department Head (HR Planning) Department Head (Finance Policy) Ministry of Defence pepub@stamet.gov.sgCompiled by BT - 119 words
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Page 11 Advertisements
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Advertisement281 2003-03-29 11 Since 1975 Our worldwide staff of over multl-c)isc| p |mea professionals PA, "Y inducing lawyers cha'te'ed accountants k9 i chartered secretaries and banke'S have -r p'oviaed confidential and cost effective company formation in all the major low tax h areas mcluring Th© WOrld S Incorporation Fees from USSSOO i- _i281 words
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Advertisement18 2003-03-29 11 TODAY IN EDB's Asst MD Chua Taik Him's big fish -i small fisji For Subscription, call 6388 383818 words
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news region/world
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Article, Illustration707 2003-03-29 12 SARS OUTBREAK Another 58 suspected cases reported in HK yesterday, the largest single-day increase since outbreak began Reuters AFP Bloomberg Xinhua ASIA beefed up health checks on travellers yesterday in a bid to contain the highly contagious severe acuteReuters; AFP; Bloomberg; Xinhua - 707 words
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416 2003-03-29 12 Eddie Toh - Company's share price slides 15% to 39.5 sen From Eddie Toh in Kuala Lumpur LONG-SUFFERING minority shareholders of Renong Bhd headed for the exit yesterday following the government's latest attempt to purge the group of its crippling debts. Renong's share price tumbled 7 sen, or416 words
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Article292 2003-03-29 12 AFP [JAKARTA] Indonesia is drafting a regulation under which people who owe more than 100 million rupiah (S$19,800) in taxes would be jailed for up to one year without trial, an official said yesterday. The authorities are also considering taxing people who keep exotic animalsAFP - 292 words
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asiashorts
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84 2003-03-29 12 Reuters [TAIPEI] Taiwan said it has approved a NT527.3 billion (SSI.4 billion) plan to build a biotechnology park using public and private funds, aiming to develop the island into a regional biotech research centre. The cabinet said late on Thursday that the park isReuters - 84 words
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Article60 2003-03-29 12 AP [JAKARTA] Indonesia yesterday said it hoped to reach a compromise agreement with foreign creditors next week to restructure US$6.7 billion in debt held by the Indonesian units of Asia Pulp Paper Co. "I'm sure we can sign an agreement on Monday," said SyafruddinAP - 60 words
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Article85 2003-03-29 12 Bloomberg [MANILA] Philippine Long Distance Telephone Co may face 4.5 billion pesos (*****.5 million) in back taxes, after the Supreme Court ruled the nation's largest phone company isn't exempt from paying franchise taxes. The Supreme Court decision upholds a lower court order requiring theBloomberg - 85 words
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Article71 2003-03-29 12 AP [KUALA LUMPUR] At least 14 leading business people unwittingly paid thousands of ringglt for fake tickets for last weekend's Malaysian Formula One Grand Prix and then were turned away, The Star reported yesterday. The business leaders paid about RM130,000 (5|60,440) for the premium seatsAP - 71 words
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Article71 2003-03-29 12 AFP [JAKARTA] Indonesian auto firm Astra International yesterday said its net profit more than tripled last year to 3.64 trillion rupiah (*****.7 million), partly due to foreign exchange gains. The figure compares with a restated net profit of 844 billion rupiah for 2001. TheAFP - 71 words
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Article50 2003-03-29 12 Bloomberg [NEW DELHI] Honda Motor Co aims to control one-tenth of India's car market by the end of this decade. Honda will invest more money and start selling new sedans in India, said Hajime Yamada, president and CEO of Honda Siel Cars India, the local unit.—BloombergBloomberg - 50 words
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480 2003-03-29 12 Company says it is related to visa matters AP Bloomberg [BANGALORE] British authorities have detained the European head of an Indian software firm on a request from Dutch immigration authorities, company officials said yesterday. S Senthil Kumar, the London-based chief executive officer of I-flexAP; Bloomberg - 480 words
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272 2003-03-29 12 Bloomberg [HONG KONG] Hong Kong Monetary Authority chief executive Joseph Yam, one of the highest paid central bankers in the world, will take a pay cut along with other staff as part of a broader government effort to cut expenses. Mr Yam'sBloomberg - 272 words
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Article2469 2003-03-29 12 Transaction date: Mar 28 KUALA LUMPUR 4Neave fg I y o) FS8M 1.56 unch 0 DM W- {'000) w Industries 0-16 unch 0 Gadang A90 0.05 1 A&MRealty 4.70 unch 2 "J 2?? 3, S Aboc 0 73 -0 04 23 GanadCorp .0.7$ -002 8 -oo« 2 «> Advance2,469 words
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news world
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Article, Illustration389 2003-03-29 13 Bookings said to be terrible' since war in Iraq started; filing could come as early as next week Reuters [CHICAGO] The war in Iraq could claim its first major US airline casualty as American Airlines was stepping up talks that couldReuters; REUTERS - 389 words
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341 2003-03-29 13 Reuters [SYDNEY] Australia's Qantas Airways Ltd became the latest Asian carrier to slash flights yesterday as growing fears about a deadly virus and the impact of a prolonged war in Iraq hammered airline shares around the region. Qantas, which ranks as one ofReuters - 341 words
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141 2003-03-29 13 Reuters [SHANGHAI] While the rest of the world is cutting back on flights due to war or fears of deadly pneumonia, a major Chinese airline said yesterday it was planning additional flights. Days after Shanghai hastily convened a news conference to deny it hadReuters - 141 words
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242 2003-03-29 13 19.5b euro deal will create a French retail banking giant Reuters IPARIS) Credit Agricole said its 19.5 billion euro (5536.8 billion) offer for rival Credit Lyonnais would open yesterday and run through May 6, ultimately creating a French retail banking powerhouse. According to the prospectusReuters - 242 words
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Article357 2003-03-29 13 LATEST US INDICATORS AP Reuters Bloomberg (WASHINGTON) US consumer spending was flat in February for the second straight month as war uncertainties, job worries and higher energy prices made Americans more tightfisted. But incomes posted a solid advance, the government said yesterday in aAP; Reuters; Bloomberg - 357 words
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inbrief
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126 2003-03-29 13 Bloomberg [FRANKFURT] The International Monetary Fund will investigate whether companies such as Moody's Investors Service, Standard Poor's Corp and Fitch give accurate, unbiased evaluations of credit risks, an IMF official said. "I think we have to look very carefully at the rating agenciesBloomberg - 126 words
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Article87 2003-03-29 13 AP [TANEGASHIMA. Japan] Japan's first spy satellites were blasted into orbit yesterday, causing an angry North Korea to warn the move could spark an arms race in the region. The two satellites, the first of at least four in Japan's 250 billion yen (553.7 billion) spyAP - 87 words
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77 2003-03-29 13 Reuters [NEW YORK] The investigation into an accounting scandal at top retailer Ahold could be widened to include major US food companies Sara Lee Corp and ConAgra Foods, The Wall Street Journal reported yesterday. Citing a person familiar with the situation, the newspaperReuters - 77 words
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Article4940 2003-03-29 13 Transaction date: Mar 28 HONG KONG Vat HKRkltl 1.12 002 394 W9 *4- tm Hong Kong Electric J1J0 0 70 2974 Hongkong CN new AS1 unch 122 Alpha General .Oil unch 0 Hongkong Chinese Ltd 0.61 unch 122 Arvandd WmgOn .0.01 unch 0 Hopewell Holdings 6 70 04,940 words
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style motoring
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Article, Illustration863 2003-03-29 14 VEN SREENIVASAN - Hot Spicy VEN SREENIVASAN, who was in Ayutthaya, Thailand to sample the new Accord, says Honda has a winning recipe VEN SREENIVASAN THERE are three certainties in life: death, taxes and the reliability of a Honda. That was, until a new Honda Accord here recently exhibited combustible properties. But the863 words
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Article, Illustration564 2003-03-29 14 Samuel Ee - By\ Samuel Ee FASHION is big business and no one knows that better than luxury carmaker Mercedes-Benz. The company with the three-pointed star is for the first time a principal sponsor at this year's Singapore Fashion Festival. Last Friday, at a venue which exudes the564 words
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bravenewwhirl
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97 2003-03-29 14 VOLKSWAGEN has unveiled the first Brazilian car that can run on either sugar canebased ethanol or petrol, reported Reuters. The hybrid, which took four years to develop, is initially fitted into VW's Gol Power 1.6 model. VW expects this engine to replace all others "in97 words
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Article123 2003-03-29 14 THE Sars outbreak is starting to affect the motor trade. Lamborghini Singapore, which was scheduled to hold a track day for owners and prospective customers next month, has had to postpone the event. The occasion, initially planned for April 13 at the Pasir Gudang Race123 words
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87 2003-03-29 14 GENERAL Motors, the world's largest vehicle maker, expects to sell 1.1 million sport-utility vehicles (SUV) again this year as overall US auto sales slow. Bloomberg reported. GM is not seeing any drop in interest, and says the total US market for87 words
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Article, Illustration81 2003-03-29 14 VOLKSWAGEN'S Phaeton luxury sedan (below) is the only car to receive the iF Gold Award 2003. Out of 1,800 products, the Phaeton was the only vehicle to feature in the reputable design forum. The German iF International Forum Design has an international jury81 words
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Article, Illustration150 2003-03-29 14 CHRISTOPHER TAN - Compiled by CHRISTOPHER TAN FORD Motor has launched the Everest, a seven-seat sport-utility vehicle, at the 24th Bangkok International Motor Show. The car will be sold in more than 50 countries, although there are no immediate plans to bring it into Singapore. The150 words
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style food
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Article, Illustration858 2003-03-29 15 CORINNE KERK - Food is not the only thing on the menu as chef Keith Floyd regales CORINNE KERK with stories from his filming trips CORINNE KERK CLAD in a dark blue safari suit and sporting a red polka-dot-ted bow tie and white shoes, celebrity chef Keith Floyd looks smaller than858 words
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Article, Illustration497 2003-03-29 15 Cheah Ui-Hoon - Hyi Cheah Ui-Hoon DON'T you just hate chefs who make sweeping statements such as: "If you like to eat and know what you like, you can cook!" This particular one came from the acclaimed chef Patricia Yeo, who started the AZ restaurant in New York City497 words
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Page 15 Advertisements
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Advertisement1593 2003-03-29 15 wine&dine with weekendßT Billy Bombers Karaage chicken, agedashi tofu, handrolls, edamame Tea at $12.30+++. From 12 nooo-2.30pm and Smno niatorsnte Holland Village. Tel: *****920 and more. Weekdays: $16.90++ (adult). $15.90++ 3prrvs.3opm 21 Club Street, #01-01. TeL *****534 Enjoy good old-fashioned comfort food like juicy (students). Weekends: $18.90++(adult), 17.90++ Rouse your1,593 words
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Page 15 Miscellaneous
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Miscellaneous280 2003-03-29 15 CRYPTIC CROSSWORD 1 b to-iss s BH H 9 Sup«fc3y. he's hardly a J b! a to,i to U U U U Q S3iloc (10) consumed uy a legal ngnt to 1 10 Hurried exercises in borders withdraw contact (8) PHL—fIH—JH— of Scotland (4) 5 Turns out. but always turns280 words
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style sports
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Article, Illustration859 2003-03-29 16 Despite talk of how the gap is closing between her and her competitors, she remains unbeaten so far this year LAT-WP IT was a myth. Kim Clijsters, 19, was going to rise to the challenge. She was going to push Serena Williams, use her quickness,LAT-WP; AP - 859 words
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Article, Illustration885 2003-03-29 16 walton morais - frankly speaking With ageing champions and no rising stars, the future looks bleak walton morais Heavyweight boxing could not be in a sorrier state. It has a former middleweight ruling one of its three split championships; the universally acclaimed champion doesn't want to fight; and885 words
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Article745 2003-03-29 16 Transaction date: Mar 28 TURNOVER COOO) VALUE (*009) Md» 5*| TWrt Mrin TeMl Multilnd 18.073 IB,073 21.337 28.337 Manufacture (7.903 13.750 81.653 70.579 3.399 73.978 Comnwra 17.870 S41 18.411 7.864 78 7.942 Tpt/5tor/Com 47,787 107 47,874 130.292 14 130.306 finence 12,136 12.136 92.103 92.103 Construction 14,310 2.119 16.429 5,749745 words
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Article1304 2003-03-29 16 52-«lk Last Val Day Last Quote GrOtv H» GrTW Net MCan 524ft Lad Ml Day LaatQMto GrOte M* OtU MM MCaa W# Law Co«Ha> Sate W- f800> Wgll l«» lay S*i C« PH lai L—i Camp—y SA W- fit ft# L— Ma Car K >»■> 22 75 ABR1,304 words
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Article522 2003-03-29 16 BONDS WARRANTS t*pinr Last M Cmm Urn Mk Gm> Mtfa C—p—y Mi «f f—l Ratio Prtca If Ujl AST1W*****1 175 1 16 205 063 IS MMMMW 45 1 SO 891 1.22 20 Amtek VWK0610 5? ur*h 11 1 33 2 155 27 Armstrong 1MM0520 05 1 10 75 12.00 14522 words
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Article182 2003-03-29 16 524ft LMt M Day LartQuot* GrOn Mo GftM IM MC4B ft» L— Cin»| S*» W- CM* M# I— m*m M» Cw I* tm* IIS SI AVJennangi A25c A100 uncti 34 100 100 100 101 40 1.4 10 5M 2152 Cathay P* 20c MK720 265 2.1 7 4 6182 words
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Article213 2003-03-29 16 U-Wk KM Vat Day LMOMt GfOtv Dry GrTId Md MCas I— Cim>l«| M« W- ni HN» L—r >■>» Cw W J ***** 89 Diamonds US8780cd mo 2no ISOJUSTech US3740 555 555 ISMSdSpor* USS5S ***** 8200 ISS4PS00 U***** 11)00 (280 SPOW US8280 1805 1230 SnETMOO 1321 -4 0 1321213 words
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style consumer alert
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Article, Illustration813 2003-03-29 17 ANGELA TAN - Pure simple So the water we drink is not as clean as we thought But water purifying systems may offer some peace of mind, says ANGELA TAN ANGELA TAN THE truth is our water becomes contaminated by pesticides, chemicals and detritus and to "clean" it, more chemicals are added. ButPHOTOS BY ARTHUR LEE - 813 words
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Article5695 2003-03-29 17 Transaction date: Mar 28 52 Wt Lk« Voi (toy Let Quote GrOtv On GrYM Net MCja M# l—r C—pm Sai« COOP) High La» *»y«r UBm Cur HI jam ABNAmroNIG S6c 9 12 14 1318 19 9 ACE Dynamcs20c 11 -1 50 11 11 11 14 5 0.7 85,695 words
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style shopping
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Article, Illustration869 2003-03-29 18 CORINNE KERK - Hugo Boss' strategy of bringing together the Boss and Hugo shops into one space has paid off with higher sales. CORINNE KERK reports CORINNE KERK THIS can't be a great time to expand a store. But as far as Brian Ang, managing director of Kwang Sia is concerned,869 words
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Article, Illustration957 2003-03-29 18 Cat Ong - Society ladies' favourite Chanel eyes the trendy young with racy designs, store makeovers By Cat Ong CHANEL is not for everyone. After all, how many people can afford the $4,000 to $5,000 average retail price of a Chanel suit? But according to Yves Blouin, the company's managing director957 words
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instore
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Article, Illustration101 2003-03-29 18 Expecting some important company for tea? Then you can do with some fine porcelain table ware on the dining table. Otherwise, these exquisite pieces from the Evesham series, featuring dainty fruit plants, will look pretty in any showcase. Available in Gold or Vale (green trimmings),101 words
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Article, Illustration91 2003-03-29 18 If we are what we eat, then how we set the dining table equally reflects our personalities. This display can't go wrong in as far as projecting the right image: a Swirl noodle bowl with chopstick slots ($10.90), matching four-inch cup ($5.90) and spoon ($2.50);91 words
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Article, Illustration287 2003-03-29 18 MlllwWa Walk Dine with Celebrities (till April 16,2003): Stand a chance to dine with Channel U celebrities, Adrian Pang (right) and Michelle Chia from Channel U and win attractive dining vouchers. Just spend $50 (single or same day combined receipts) at any shop or restaurant for the lucky287 words
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Article, Illustration54 2003-03-29 18 The next time you have an urge to break away, step into this pair of shoes from Kroll. With its unconventional design and upbeat colours, the rubber-soled leather shoes will help chase away the blues from the current health scare. Available at $109 (usual $189) at54 words
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Article, Illustration117 2003-03-29 18 Here's a handphone that's likely to appeal to the techno-savvy who are also fashion conscious. The flamboyant Nokia 7250 does more than just communicate. Besides its MMS, WAP, Java and radio functionality, the tri-band phone has a radical design from its striking keypad to its vibrant117 words
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style health
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Article, Illustration1729 2003-03-29 19 With close contact the only chief mode of transmission, the outbreak is unlikely to become a pandemic, says WHO THE Severe Acute Respiratory Syndrome (Sars) has been claiming more victims across the globe. Following is a summary of key issues discussed during a press briefing heldREUTERS - 1,729 words
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Article379 2003-03-29 19 Cheah Ui-Hoon - Compiled by Cheah Ui-Hoon Q: Doctors have told me I have lumpy breasts, so how can I examine my own breasts for possible growths or tell between "normal" and "abnormal" lumps? Otherwise. I'd be running to the doctor for check-ups all the time! A: The best way to know379 words
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Article3138 2003-03-29 19 UNIT TRUSTS FUNDS com Global Lifestyle Index Fd 0 822/ Com Global Health Index Fd 0 783/ Com Global Telecom Index Fd 0 3V n«>/ Com Global Wfotec Index Fd!" 0-273/ Star Eurooe 1192/ Com Global Energy Index Fd 0808/ Sf ill 0 848/ <*** T '«3W» w 0 616/3,138 words
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Page 19 Advertisements
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Advertisement64 2003-03-29 19 health talks Arfvsncos lii colorectal cancor Time: Tomorrow, Ipm 3pm (Mandarin)/2.35pm spm (English) Venue: Auditorium, HDB Convention Centre Basement 1480 Lorong 6 Toa Payoh Organiser: Singapore General Hospital Department of Colorectal Surgery Registration: Free Endometriosis Am I At Risk? Time: Today, 1.30pm 4.30pm Venue: Mount Alvernia Lecture Room. Level 182064 words
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Making Time
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Article, Illustration817 2003-03-29 20 PARVATHI NAYAR - Corum's owner Severin Wunderman believes in doing things by gut feel, a motto which has served the Holocaust and cancer survivor well, PARVATHINAYAR reckons PARVATHI NAYAR SEVERIN Wunderman on Wunderman: "I'm la bete noir of the Swiss watch industry, which is very square, while I do thingsARTHUR LEE - 817 words
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Article, Illustration515 2003-03-29 20 Larry Wee - By Larry Wee THE revival of the watch industry in what was once East Germany is a story most watch-lovers are familiar with. After the Berlin Wall fell in late 1989, there was a revival of grand old names like Lange, and the spawning of515 words
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Page 20 Advertisements
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Advertisement89 2003-03-29 20 A SINCERE FINE WATCHES This series is brought to you by Sincere Fine Watches PIERRE KUNZ GENEVE PKA 004 HMRL PKAOIOERDM PKA 701 T JDR irs Retrograde Moon Phase Date Automatic jg> VHHHHV SINCERE FINE WATCHES SINGAPORE NGEE ANN CITY TEL 6733 0618 LUCKY PLAZA TEL 6737 4593 SUNTEC CITY89 words
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