The Business Times, 17 April 2004

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL25539
Total Pages: 18
1 18 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    12 1 MITA (P) 023/03/2004 85C THE BUSINESS TIMES weekend SINGAPORE APRIL 17-18. 2004
    12 words
  • Article
    Lock icon DBS home loan with 'payment holiday' attracts mixed reaction
    725 1  -  By Joyce Koh [SINGAPORE] Moving to stay one jump ahead of the competition, DBS Bank yesterday unveiled a home loan package with a payment holiday element built into it. The package allows borrowers to make a one-off interest payment at 0.68
    725 words
  • Article
    Lock icon SGX, ELSE may get back together again
    843 1  -  They confirm having had preliminary talks on closer cooperation but their chequered history may turn out to be an obstacle By Wong Wei Kong [SINGAPORE] Is history set to repeat itself? Two stock exchanges that were once joined, then separated and had even
    843 words
  • Article
    Lock icon Three top DTZ retail execs quitting
    477 1  -  But it has found two replacements and is looking for a third By Kalpana Rashiwala [SINGAPORE] Property consultancy DTZ Debenham Tie Leung SEA is losing its top three executives in its retail department executive directors Wang Look Tsui and Linda Kwan and director Stephanie
    477 words
  • Article, Illustration
    Lock icon S'pore head of John Hancock to join Citibank
    393 1  -  By Genevieve Cua [SINGAPORE] John Hancock's Singapore president and chief executive David Beynon will leave the firm around the end of the month to become Citibank's regional director for bancassurance. While his departure comes as no surprise, it is understood to be
    FILE PHOTO  -  393 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • news front
    • Article, Illustration
      Lock icon Love is in the air – and bound for a villa in Phuket or Bali
      430 2  - Love is in the air and bound for a villa in Phuket or Bali Dr Love hooking up with airlines to organise baby-making getaways By Vince Chong [SINGAPORE] Wei Siang Yu, otherwise known as Singapore's Dr Love, will be bringing his concept to the air by hooking up with major
      430 words
    • Article, Illustration
      Lock icon S'pore March non-oil exports rise 17%
      548 2  -  Slowdown from February won't cloud growth outlook: economists By Chuang Peck Ming [SINGAPORE] Key non-oil domestic exports rose 17.1 per cent from a year ago to $11.19 billion last month, after a 25.7 per cent spurt in February. But economists say the slowdown does
      Source: IE S'pore  -  548 words
    • Article, Illustration
      Lock icon KL bourse needs catalyst to really take off
      1063 2  -  All the other pieces for a massive rally are already in place By Ven Sreenivasan [SINGAPORE] Malaysia's macro-economic numbers are improving steadily. The prices of its key commodities are rising. Its pegged currency is widely acknowledged to be undervalued. Its central bank
      Source: Bloomberg  -  1,063 words
    • Article, Illustration
      Lock icon Protect nation by all means — but respect privacy
      752 2  - Protect nation by all means but respect privacy saturday soapbox uma shankiri AT a recent security conference held by the Singapore Retailers Association, retailers discussed ways to boost security in their stores. More specifically, they talked about how to check the lurking menace of teenage shoplifters, the bane of shopkeepers.
      752 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      76 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T: +65 6535 3382 F: +65 6535 3991 E:
      76 words
Page thumbnail Page 3
  • the raffles conversation
    • Article, Illustration
      Lock icon THE MIRROR
      2238 3  -  The Media Development Authority's director of media content Amy Chua, tells JAIME EE that she has no desire to impose her values on others and that censorship decisions aren't hers alone, but a reflection of opinions of many people JAIME EE Filmmaker Royston Tan was reportedly thrilled to
      CHRIS LOH  -  2,238 words
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      63 3 Raffles INTERNATIONAL I loteis 8c Resorts 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
      63 words
Page thumbnail Page 4
  • news companies
    • Article, Illustration
      Lock icon Don't bank on Temasek becoming banking player
      741 4  -  corporate analysis Investment company is not out to compete with S'pore's big three banks, says TAILA KRISHNAKUMAR. It is simply making strategic investments to maximise returns TAILA KRISHNAKUMAR IS Temasek Holdings emerging as Singapore's biggest regional banking player? At first glance, the answer
      Graphic by Ben Cruz  -  741 words
    • corporateroundup
      • Article
        Lock icon Overseas Union Sec has 72% of portfolio in stocks, warrants
        71 4 OVERSEAS Union Securities, the listed closed-end investment fund now under the United Overseas Bank Group umbrella, said quoted equities and warrants accounted for $77.47 million or 72.4 per cent of its portfolio at March 31,2004. Its largest stock holding was
        71 words
      • Article
        Lock icon UOB acquires 36.1% of L&M under debt restructuring deal
        82 4 UNITED Overseas Bank has acquired 2.8 billion shares or 36.1 per cent of L&M Group Investment's enlarged share capital as part of the conversion and capitalisation of $28 million of debt L&M owed to UOB. The terms of the debt restructuring
        82 words
      • Article
        Lock icon Sats handles fewer flights, more passengers in March
        55 4 Bloomberg SINGAPORE Airport Terminal Services, which moves 80 per cent of the cargo at Changi Airport, said it handled 6.4 per cent fewer flights in March. Sats handled 5.4 per cent more passengers in the month compared with the year-earlier period, it
        Bloomberg  -  55 words
      • Article
        Lock icon DBS raises stake in DBS Thai Danu to 59.2%
        61 4 DBS Bank said it increased its shareholding in DBS Thai Danu Bank Public Company to 59.2 per cent from 51.7 per cent on April 12 as part of the proposed merger between DBS Thai Danu, Thai Military Bank Public Company and
        61 words
      • Article
        Lock icon Hongkong Land names HSBC, JP Morgan as bookrunners
        57 4 PROPERTY developer Hongkong Land Holdings said HSBC and JP Morgan have been appointed joint bookrunners for its coming US$3OO million 10-year Eurobond offering, which will be launched after a roadshow in Hong Kong is completed next week. Proceeds from the offering will
        57 words
      • Article
        Lock icon SIA Engineering appoints Tan Bian Ee as director
        40 4 SLA Engineering Company has appointed Agilent Technologies president and managing director for Singapore and Malaysia, Tan Bian Ee, a director. Mr Tan, 57, is also a director of the Workforce Development Authority.
        40 words
      • Article
        Lock icon Koh Bros subsidiary wins two contracts worth $50m
        88 4 KOH Brothers Group said its subsidiary Koh Brothers Building Civil Engineering Contractor secured two contracts worth $50 million. The first, from the Land Transport Authority, is a three-year road maintenance contract that started in November last year. The second contract, with the
        88 words
      • Article
        Lock icon King Wan takes on new significant shareholders
        139 4 MECHANICAL and electrical engineering specialist King Wan Corp's executive chairman Chua Kim Hua and executive director Chua Hai Kuey have sold 41 million shares at 10 cents apiece, or par value, to eight individuals Toh Giap Eng, Yap Tee Teng, Liong Kiam Teck,
        139 words
    • Article, Illustration
      Lock icon What really happened this week?
      650 4  -  market review r sivanithy WAS it really resurgent interest rate fears that drove the market down this week? Or could it be that stocks have been over-hyped and therefore over-ran their fundamentals? If it was the former, then surely this begs the question that if
      650 words
    • Article
      Lock icon MARKETS
      80 4 ST! 1,853.99 (+9.61) ST INDEX FUTURES 1,851.00 (+7.00) SIMSCI 224.81 (+1.22) SIMSCI FUTURES 224.40 (+1.10) Friday Change KLSECOMP 861.81 *0.6:! NIKKEI 225...... I 1.824.56.. <24.16 HANCi SEN(i 12.458.38 -20.88 SET INDEX ***** +10.48 .1AKARTA ('(IMP 776.57 3.59 MANILA COM!' __l.498.l I 14.91 TAIPEI WP1 6.818.20 +81.41 SEOl'U OMP .89K.8*
      80 words
    • Article
      Lock icon FINANCE
      74 4 FOREX RATES US$ S$ rss (SS pcrlSS) 1.6K1 i(l SS/SS per Si) 1.794 3.015 El'RO<rSS/SS/E). 1199 1015 YEN 108.4 64.50 RM .1.800 1261 HKS 7.799 4.6:19 BAHT 39.42 23.45 RIP1AH 8.622 5.129 RENMINBI 8.299 4937 INDIAN RIPEE— 43.91 26.12 AS 1.348 0.802 NZS 1.565 0.931 PRIME RATES SINGAPORE 525
      74 words
    • Article, Illustration
      Lock icon Japan firm offers 28¢ a share for Avaplus
      429 5  -  Voluntary cash offer looks to be a done deal with 48% acceptances secured By Serena Ng JAPANESE industrial group ARRK Corporation has launched a voluntary cash offer for Sesdaq-listed plastic components maker Avaplus at a small premium to its market price. And
      429 words
    • Article
      Lock icon Upcoming GEH meet to approve OCBC disposal
      317 5  -  Insurer proposes to sell OCBC stake at about $12.40 apiece By Chen Huifen SOME shareholders may have been confused by the agenda of a coming Great Eastern Holdings (GEH) extraordinary general meeting (EGM), going by an announcement issued to the Singapore Exchange yesterday.
      317 words
    • Article, Illustration
      Lock icon Raffles Holdings Q1 net profit surges to $5.7m
      475 5  -  Boosting mgt portfolio has created greater room for earnings: chief By Vince Chong RAFFLES Holdings has reaped dividends from growing its management portfolio, with net earnings soaring to $5.7 million for the January-March quarter from just $300,000 a year ago. Turnover rose
      FILE PHOTO  -  475 words
    • Article
      Lock icon SPH to book $170.5m investment income
      179 5 Amount comes from recent sale of Belgacom shares MEDIA giant Singapore Press Holdings said last night that, in its current third financial quarter, it will book investment income of $170.5 million from the recent sale of its Belgacom shares. SPH said in a statement
      179 words
  • Page 4 Advertisements
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      2929 5 VOLUNTARY CONDITIONAL CASH OFFER by CORDIAL THE NIKKO MERCHANT BANK (SINGAPORE) LIMITED for and on behalf of Arrk ARRK CORPORATION (Incorporated in Japan) to acquire all the issued ordinary shares of 550.05 each in the capital of AVAPLAS LTD (Incorporated in the Republic of Singapore) I. INTRODUCTION The Nikko Merchant
      2,929 words
Page thumbnail Page 6
  • money personal finance
    • Article, Illustration
      Lock icon broker's take
      508 6  -  Compiled by VEN SREENIVASAN Thai Village Holdings April 16 dosing: 2&5 cents THAI Village has successfully grown its China operations, resulting in a big jump in revenue over the past three years. And this trend looks set to continue. The group entered China in 1999 with a single
      Source: Bloomberg  -  508 words
    • tradestowatch
      • Article
        Lock icon Panpac Media CEO's stake reduced to 7.6%
        165 6 THE chief executive officer and managing director of Panpac Media Group, Ricky Ang, saw his deemed interest in the magazine publishing group fall after a sale of two million shares on Thursday this week for between 14 cents and 16.5 cents apiece. The
        165 words
      • Article
        Lock icon Seapac Investment raises stake in Boardroom to 12.8%
        73 6 SEAPAC Investment, a substantial shareholder of Boardroom Ltd, on April 15 bought around 4.7 million shares of the corporate secretarial services company on the open market at 47 cents per share. The purchase raised Seapac's direct stake in Boardroom to around 12.8
        73 words
      • Article
        Lock icon Singatronics ex-chairman and CEO cuts holding to 2.1%
        79 6 THE former chairman and chief executive officer of Singatronics, Eddie Foo, on April 15 sold 10 million shares of the electronics group on the open market, reducing his direct shareholding to 2.1 per cent from 5.5 per cent previously. Mr Foo, who
        79 words
      • Article
        Lock icon Schroders piles on stake in Utac to 7.7%
        81 6  -  Compiled by SERENA NG FUND manager Schroder Investment Management (Singapore) has raised its deemed shareholding in chip tester United Test and Assembly Center (Utac) to 7.7 per cent from 6.8 per cent. This follows purchases of 7.5 million shares by its units
        81 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      1089 6 for week beginning Apr 12 Mxaotlal lay Hoof Price SHAREHOLDING Tram Shareholder SeH Sham Par Mara Attar Stock Data Director Cow '000 Shr S C0001 tt CBOO) Apex-Pal 15-Apr-04 Douglas Foo Sell ***** 0.31 ***** 84.50 ***** 69.48 Europtronic 15-Apr-04 Um Lee Meng OE 45 0.33
      1,089 words
    • Article, Illustration
      Lock icon Buy on Monday and sell on Friday?
      607 6  -  The day-of-the-week effect has generally declined in recent years in Asian markets, say WONG WING KEUNG and WONG NEE TAT WONG WING KEUNG, WONG NEE TAT MANY studies have noted the presence of a day-of-the-week effect in the US stock market as well
      AFP  -  607 words
    • Article
      Lock icon Wrong ideas about financial planning
      599 6  -  Stanchart survey reveals alarming lack of knowledge By Taila Krishnakumar ABOUT three in four professionals in Singapore think that life insurance is necessary for the whole of people's life. Half of the same pool believe people should use all their CPF funds when buying a
      599 words
  • Page 6 Advertisements
Page thumbnail Page 7
  • money personal investment
    • Article, Illustration
      Lock icon Investors must check companies for decay
      1281 7  -  show me the money teh hooi ling Ujk RE there still stocks /I out there that you can buy and hold for the 1 next 10 years?" a colX JL league asked recently. My reflex response was: "No." In my view, that's the general
      REUTERS  -  1,281 words
    • Article
      Lock icon Hold on to your bonds
      946 7 Don't get caught up in emotions of the markets, interest rate changes MAYBE you began investing in bonds or bond funds as shelter from the recent bear market. Or perhaps you always have a portion of your portfolio in fixed income as a means of
      946 words
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      168 7 f'~ A GLAMOUR-FILLED SECRETARIES' WEEK AT RAFFLES HOTEL 19 APRIL TO 23 APRIL 2004 ~^JiralSfcr I *i Raffles L'Ermitage Beverly Hills Treat your secretary to a glamorous afternoon at Raffles Hotel and stand to win a pair of return tickets to exciting Hollywood and a stay at Raffles L'Ermitage Beverly
      168 words
Page thumbnail Page 8
  • news at home
    • Article
      Lock icon Centerpoint buys Faber Hills condo for $85.5m
      441 8  -  EXCLUSIVE This is the third en bloc sale this year and Centerpoint's second in 2004 By Andrea Tan FRESH from its recent purchase of Woodsville Court, Centrepoint Properties has bagged the freehold Faber Hills condominium at West Coast Park for $85.5 million. The
      441 words
    • Article, Illustration
      Lock icon Top-class operators wanted for Sentosa Cove marina
      465 8  -  By Vince Chong IF YOU'RE not a five-star, or rather, "five-anchor" operator, forget about bidding for Sentosa Cove's 240-berth marina, which was launched yesterday in a tender that closes on July 9. Sentosa Cove Pte Ltd (SCPL), which is overseeing development of the
      FILE PHOTO  -  465 words
    • Article
      Lock icon UN agency sees 4.7% S'pore growth
      302 8  -  Average growth for South-east Asia forecast at 5.7% By Uma Shankari THE Singapore economy is expected to expand by 4.7 per cent this year, according to the United Nations Economic and Social Commission for Asia and the Pacific (Escap). According to an Escap report,
      302 words
    • Article
      Lock icon Computer sales jump 16.5% in Q1
      428 8  -  By Raju Chellam IN a strong sign of the continuing uptick in the global economy, personal computer sales surged 16.5 per cent in the first quarter of this year, beating analysts' expectations of a 13.5 per cent rise. A staggering 42.2 million PCs desktops,
      428 words
    • Article
      Lock icon Boosting business ties with Russia
      169 8 INTERNATIONAL Enterprise Singapore (IE Singapore) and the Asia Pacific Cooperation Centre in St Petersburg yesterday signed a memorandum of understanding to promote business ties between Singapore and Russia. The agreement aims to provide a framework for cooperation which includes, among other things, helping to facilitate
      169 words
  • Article
    Lock icon Househunt Property transactions lodged for selected districts between April 7 and April 14, 2004.
    1428 8 Districts NON-LANDED Blue Horizon Apt 12/03/04 99 926 486 525 Blue Horizon Apt 05/03/04 99 926 496 536 Dover Parkview Apt 29/03/04 99 936 470 502 Faber Crest Apt 29/02/04 99 1367 608 445 Kentview Park
    1,428 words
Page thumbnail Page 9
  • news region
    • Article
      Lock icon Proton stock suffers biggest fall in 4 months
      630 9 Withdrawal of its major partners sparks fears of slower earnings growth Bloomberg [KUALA LUMPUR] Shares of Proton Holdings Bhd, Malaysia's biggest carmaker, fell 7.1 per cent, their biggest drop in four months following a three-week trading halt, amid concern the withdrawal of
      Bloomberg  -  630 words
    • Article, Illustration
      Lock icon Famous Jakarta hotel closes for facelift
      253 9 It was built for the 1962 Asian Games on Suharto's orders AP [JAKARTA] A landmark hotel built on the orders of Indonesia's first president and immortalised in a film set has new owners, who are firing all its staff ahead of renovations. "I'm sad
      AP; AFP  -  253 words
    • Article
      Lock icon HK loses 3G show to S'pore
      367 9 [HONG KONG] The Hong Kong government has been criticised for losing the world's second largest third-generation (3G) mobile phone industry conference to Singapore, where 3G services are not scheduled to start until next year, the South China Morning Post reported yesterday. GSM Association chairman
      367 words
    • inbrief
      • Article
        Lock icon Fraud suspected at Bank Danamon
        72 9 Bloomberg [JAKARTA] PT Bank Danamon Indonesia, the country's fifth largest lender by assets, said it discovered a case of suspected fraud amounting to 33 billion rupiah (556.2 million) at a branch in North Sumatra province. The money was embezzled by some employees at the branch
        Bloomberg  -  72 words
      • Article
        Lock icon HK, Australia in air services deal
        67 9 AP [HONG KONG] Airline traffic could pick up between Hong Kong and Australia after the two sides reached an agreement to liberalise services. The pact will let Hong Kong's No 2 carrier Dragonair launch flights next year between Hong Kong and Sydney, while Australian
        AP  -  67 words
      • Article
        Lock icon M'sian banks to delay adopting Basel II
        67 9 Reuters [KUALA LUMPUR] Malaysia said on Thursday that its banks will adopt new rules on how much capital they must hold in reserve in two phases beginning in 2008, two years later than anticipated under the Basel II Capital Accord. The central bank
        Reuters  -  67 words
      • Article
        Lock icon Bashir declared criminal suspect
        38 9 AP [JAKARTA] Indonesia's police chief yesterday officially declared militant cleric Abu Bakar Bashir a criminal suspect, allowing authorities to keep him in jail when his current period of detention ends later his month.— AP
        AP  -  38 words
    • Article
      Lock icon US clears China of currency manipulation
      560 10 Being pegged and being manipulated not the same: US Treasury AFP Reuters [WASHINGTON] The United States found China not guilty of currency manipulation on Thursday but stepped up pressure on Beijing to set the yuan free from a fixed peg. The Chinese economy was
      AFP; Reuters  -  560 words
    • Article, Illustration
      Lock icon Luxury brands eye Chinese market
      337 10 Armani goes to Shanghai; Shiseido plans 500 stores Bloomberg AFP [SHANGHAI] More upmarket foreign luxury brands are entering the booming Chinese market. Giorgio Armani, the Italian fashion designer's company, yesterday said it will open its first outlet in Shanghai today, its second store in China,
      Bloomberg; AFP; REUTERS  -  337 words
    • Article
      Lock icon Manila business confidence rises to 8-month high
      300 10 Survey results come ahead of presidential poll next month Bloomberg [MANILA] Business confidence in Manila rose in March to an eight-month high as the number of executives optimistic about an improving economy more than doubled, according to a regular survey by Business World
      Bloomberg  -  300 words
  • Article
    Lock icon STOCKS ASIA
    5083 9 Transaction date: Apr 16 HONGKONG Vol HK Exchanges Clearing.. 16.25 0.15 4524 HK$ '000 HKRInt'l 2.68 0.03 1488 HK and China Gas 13.25 -0.05 8825 Aeon Credit 5.85 0.20 60 Hong Kong Electric 33.90 -0.10 3310 Aeon Stores 5.80 -0.10 174 Hongkong Chinese 106 unch 1978 AlphaGeneral 0.36
    5,083 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      296 9 HHH Call toll-free 1800 289 88; THE BANKRUPTCY ACT 1995 (ACT 15 OF 1995) THE BANKRUPTCY RULES 1995 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE IN BANKRUPTCY NO. 676 OF 2004 T RE THOBIYAS RONIO (NRIC NO. *****401/E) Judgment Debtor EX-PARTE HIN LUNG CREDIT PTE LTD(CO. REGN. NO.
      296 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      1422 10 To advertise toll-free 1800 289 8822 Email: notices@sph.com. D(q)lANd DIGILAND INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****0571K) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at Digiland International Limited, 14 Sungei Kadut Avenue,
      1,422 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 2
      30 10 We've made a haul! Share the good news with your investors Releasing a financial statement? Call 1800 289 8822 or email notices@sph.com.sg to book your advertisement in our newspapers now.
      30 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 3
      494 10 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SWC INVESTMENT PTE LTD RCB NO: *****0167K (Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Members of SWC INVESTMENT PTE LTD. duly convened and held on 14 April 2004 the following were duly passed
      494 words
Page thumbnail Page 11
  • news world
    • Article
      Lock icon Surprise 0.2% dip in March factory output
      477 11 LATEST US INDICATORS Strong rebound in housing construction, while consumer confidence slips to year-low Bloomberg AP Reuters [WASHINGTON] Mixed economic news from the US yesterday showed industrial production unexpectedly fell in March and a preliminary reading of consumer confidence in April fell to
      Bloomberg; AP; Reuters  -  477 words
    • Article, Illustration
      Lock icon Results from tech giants fail to lift market
      617 11 IBM, Sun fail to beat expectations; Nokia warns of falling sales AS the corporate earnings season is hitting full stride, four technology giants have reported a mixed bag of earnings which hardly cheered analysts. The less than stellar scorecards from IBM and
      REUTERS  -  617 words
    • Article, Illustration
      Lock icon S Korea sells Hana Bank
      445 11 Interested party Temasek didn't join in the sale: source Lee said. Reuters, Bloomberg [SEOUL] South Korea sold its entire stake in Hana Bank, the country's fourthbiggest lender, yesterday for 1.07 trillion won (Ssl.s billion), a 5 per cent discount to the latest share price, mostly
      Lee said. — Reuters, Bloomberg  -  445 words
    • Article
      Lock icon Scandals on Wall Street risk weakening markets: Greenspan
      389 11 Reuters AP [WASHINGTON] Federal Reserve chairman Alan Greenspan says sinners on Wall Street should be "expeditiously punished" lest they start to erode the foundations of trust on which US markets are built. However, the Fed chief warned yesterday that in rewriting rules
      Reuters; AP  -  389 words
    • Article
      Lock icon Shades of reality in Apprentice, say executives
      517 12 TV show starring Donald Trump does teach valuable lessons LAT-WP [DAYTON, Ohio] NBC's The Apprentice was not the most realistic look at the corporate world, but there were a few nuggets of truth tucked in with all the hype. The show, starring real
      LAT-WP  -  517 words
    • Article, Illustration
      Lock icon Cigar firm head is the winner
      308 12 Reuters [NEW YORK] Bill Rancic, the Chicago cigar company entrepreneur who said he dreamed of becoming a successful businessman from the time he was 10, prevailed over 15 other contestants on Thursday to secure a U*****,000 a year job working for real estate mogul
      Reuters; AP  -  308 words
    • Article
      Lock icon Grasso's director job may come to haunt him
      431 12 Reuters [NEW YORK] While Richard Grasso was earning his fortune as boss of the New York Stock Exchange a sum so great-it eventuallycost hinfhis job he alsff* had a part-time job some* think could land him in more trouble. Mr Grasso served
      Reuters  -  431 words
    • Article, Illustration
      Lock icon Calpers widens protest to Apple, seven others
      586 12 Analysts see it as having effect only on governance debate Reuters [SAN FRANCISCO] US pension fund Calpers will oppose the re-election of directors at eight companies, including Apple Computer and Lockheed Martin Corp, as it stepped up a campaign to change how corporate
      Reuters  -  586 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      22 11 Lianhe Zaobao If I May Day I I Holidays I I mmm I "frW ,IU Jl.l i M ,lfW I f .MIJETTEMM
      22 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 2
      562 11 MEDIASI^EAMmMITED (Incorporated in the Republic ot Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREY GIVEN that an Extraordinary General Meeting of Media Stream Limited (the "Company") will be held at 39 Tampines Street 92. Level 6. Media Stream Building. Singapore *****3 on 13 May 2004 at 12 noon, for
      562 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 3
      103 11 Companies can nominate themselves for the 2004 Enterprise awards by completing the official nomination form. Companies must be home-grown, privately-owned and incorporated under Singapore's Companies Act (1994 A Revised Edition), with three years of audited statements. jfl{ %s' Nomination forms are available at: f Enterprise 50 Secretariat, c/o Accenture 250
      103 words
Page thumbnail Page 12
  • Article
    Lock icon KLSE
    2458 12 Transaction date: Apr 16 KUALA LUMPUR ~*5 7 °l y 0 l General Soil 1.26 unch 0 DM COOOl Genting 17.00 unch 222 George Kent .0.82 0 03 53 A4M Realty 1*2 -0.03 18 Globetronics Tech 7.30 0.10 317 Aboc 0.69 unch 124 GlomacBhd -2.98 0.11 84 ACP Industries
    2,458 words
  • Article, Illustration
    Lock icon FINANCE
    608 12 Transaction date: Apr 16 MTERBAMH CURREWCY RATES Against S$ Against US$ Against S$ Against US$ Currencies Bid Offtr Bid Offer Currencies BW Offer Bid Offer SS/l'SS to 100 SS>VSS to one unit of foreign currency: units of foreign Australian dollar 1.2461 1.2485 0.7415 0.7425 s Canadian dollar 1.2503 1.2517
    608 words
Page thumbnail Page 13
  • style motoring
    • Article, Illustration
      Lock icon Ride on elegance
      675 13  -  Bentley's Continental GT combines stunning looks and ample power to continue its tradition of relaxed touring. SAMUEL EE gets behind the wheel SAMUEL EE THE famous winged 'B' emblem may still be there but the lines are now very different. After severing the decades-old bond with Rolls-Royce,
      675 words
    • Article, Illustration
      Lock icon Roaring sales spur Bentley revamp
      438 13  -  By Samuel Ee EXPLOSIVE growth in the north and south of the Asia-Pacific region has led Bentley Motors Ltd to restructure in order to better support its dealers. "There is a huge amount of interest in the cars, especially in the last 18 months," said
      CHRIS LOH  -  438 words
    • Article, Illustration
      Lock icon Golf cause
      103 13  -  By Samuel Ee LISTED motor and property group Jardine Cycle Carriage held its first golf charity tournament on Thursday at the Tanah Merah Country Club. Transport Minister Yeo Cheow Tong (third from left) was the guest of honour at the event which raised $600,000 for the Woodbridge Hospital
      103 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    4484 13 UNIT TRUSTS FUNDS Com Global Infotec Index Fd!" 0.36V Com Global Energy Index Fd 1.04/ iui ■m Com Global Travel Index Fd 0.802/ 0 731/ Com S pore Bond Fund/ A 1.098/ Star Europe Bond 1.21/ CredK Agricole Asset Mgt S port Ltd Star Euope Bal 1 035/ Indocam Asia
    4,484 words
  • Page 13 Advertisements
Page thumbnail Page 14
  • style sports
    • Article, Illustration
      Lock icon No stress, just ran for fun
      339 14  -  TEH SHI NING finds out what makes the JPMorgan Chase Corporate Challenge such a unique event TEH SHI NING FROM Olympic marathons to cross-country championships to city races, Grete Waitz, 51, has run them all, and run them well, too. Part of the first
      339 words
    • Article, Illustration
      Lock icon Dravid's critics are the 3-in-1 generation
      772 14  -  frankly speaking walton morais RAHUL Dravid has been described as the bridesmaid who never became the bride in Indian cricket, constantly overshadowed by more flamboyant team-mates. After a monumental 270 runs this week in the decisive final Test match against arch-rival Pakistan that was
      772 words
  • Article
    Lock icon SGX
    813 14 Transaction date: Apr 16 TURNOVER ('000) VALUE ('OOO) Main Sdq Total Main Sdq Total Mufti Ind 16.502 16.502 17.705 17.705 Manufacturg 191.611 112,094 303,705 152,755 27,187 179,941 Commerce 34.800 6,212 41.012 31.876 1.915 33.791 Tpt/St or/Com 83.645 546 84,191 112.124 622 112.746 Finance 28,124 130 28,254 94,937 84 95,021
    813 words
  • Article
    Lock icon BONDS & WARRANTS
    715 14 BONDS WARRANTS Prem Expiry Prem Expiry Tel Last Vol Com Excr Disc Gear- Mths Id Last Vol Conv Exer Disc Gear- Mths Code Campaay Sate »w- fM) Hatfo Mo li Lett Code Cawpaay Sal* +ot- fOBO) katio Price ing Left oc 3769 Rowsley Ltd W*****7 .5.5 unch 1441 1 8
    715 words
  • Article
    Lock icon SGX SESDAQ
    2419 14 52-Wk Tel Last Vol Day Last Quote GrDtv Oiv GrYM Net MCap High Low Code Company Sale ('000) High Low Buyer Seller Cvr F/t Snul 26 7.5 MOO ABR Hldgs 5c 16 +1 240 17.5 16 16 17 309 42 15 2101 APOil 5c 32 5cd unch 85
    2,419 words
  • Article
    Lock icon CLOB INTERNATIONAL
    216 14 52 WV TH Last Vol Day Last Quote GrDtv Dtv GrYld Net MCap Xigti Low Code Company Sate +t- C000) High Law Buyer sdter Cot WE imS 228 107 6000 AVJennings A2Sc A210 -2 153 211 210 210 211 40 8.8 4 8 8 452 6001 Cathay Pac
    216 words
  • Article
    Lock icon SGX XTRANET
    226 14 52 Wk Td Last Vol Day Last Quote GrOrv Div GrYM Net MCap High Um Coda Cowyany Sala COOP) High Low Buyer Stfcr S Cvr P/t tmi 2060 2000 6065 Diamonds US2060 2120 ***** 6095 IS DJ US Tech US3740 6097 IS MSCI Spore US55S 6101 IS S&PSOO
    226 words
Page thumbnail Page 15
  • style health
    • Article, Illustration
      Lock icon Putting tradition to the test
      1029 15  -  Pharmacists are finding scientific proof for many traditional Chinese medicines, reports CHEAH UI-HOON CHEAH UI-HOON MOVE over Traditional Chinese Medicine (TCM), enter Modern Chinese Medicine (MCM). That's what West-ern-educated pharmacists like Dr Joseph Chang would like to see happening in the world of Chinese herbal
      1,029 words
  • Article
    Lock icon SGX MAINBOARD
    6924 15 Transaction date: Apr 16 52-Wk T«l Lart Vol Day Last Quote GrWv Dtv Gr*W Not MCap low Codo Company Solo COOP) High low tuyc SdUr Cot HI Swill 57.9 32 9 5834 A-Sonit 44cd unch 181 44.5 44 44 44.5 5 N9.7 06 15.6 149 8 5300 ABNAmroNLG
    6,924 words
  • Page 15 Advertisements
  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      327 15 CRYPTIC CROSSWORD Arßn ee Possibly (3-6) Aunuda 3 Bgu arounc j the Arctic, being 1 Carol not at home, having frozen! (3-4) I OU rm n 4) 4 Expose immorality to officers 3 SECOND PART OF 1 (2,1) arK j se n j or officers (3-4-8) 5 THIRD PART OF
      327 words
Page thumbnail Page 16
  • style shopping
    • Article, Illustration
      Lock icon Street buzz
      1006 16  -  A new leadership marks a change in focus at this year's fashion festival, says CAT ONG CAT ONG A FORTNIGHT of firsts this sums up this year's fourth Singapore Fashion Festival (SFF) which ends this weekend. For a start, it is the first SFF for the Singapore Tourism
      1,006 words
    • Article, Illustration
      Lock icon Handmade and heavenly
      575 16  -  By Corrine Kerk WHAT might a shop called Om Goddess sell? Yoga apparel and paraphernalia? Actually, no. Not for Om Goddess the Hindu discipline which seeks to withdraw from all worldly objects in search of perfect spiritual insight. Instead, the store in Tanglin Mall is a riot
      575 words
    • Article, Illustration
      Lock icon cultappeal
      113 16  -  Out of Africa By CORINNE KERK CHRISTOFLE, the exclusive French maker of tableware and home accessories is all safari chic in its latest collection. Expect to see trinket trays and coffee cups bearing golden streaks across wide borders, while plants recalling the savanna and its flora form the background.
      113 words
    • in store
      • Article, Illustration
        Lock icon Cool shades
        64 16 BE prepared to envious looks with the Boss Hugo Boss HB ***** sunglasses. Its unique rim seems detached from the lenses and projects a fashion-forward look. Made of lightweight material with maximum comfort for long-wear. Lenses are available in blue, brown, green and grey. Priced from $230, they
        64 words
      • Article, Illustration
        Lock icon No starched shirt
        75 16  -  Compiled by MIKE CHUA NEWLY introduced to Singapore: Couture Marphil by Shirtstory, a revolutionary concept in ladies' business shirts, especially created for the Asian physique. They look good as work wear, and cool with jeans. Like all its designs sold here, this Aida shirt is a limited
        75 words
Page thumbnail Page 17
  • style pursuits/wine&dine
    • Article, Illustration
      Lock icon Bad boy Kim is really good
      888 17  -  But the Korean director laments that home audiences don't understand his films, reports GEOFFREY EU GEOFFREY EU KIM Ki-duk, the bad boy of South Korean cinema, likes to make movies about some of the more unsavoury and morally repellent aspects of everyday life. Teenage
      888 words
    • Article, Illustration
      Lock icon entertainmentguide
      1111 17 Going out or staying in this weekend? We round up reviews and recommendations books Greed on the Street THE Roaring Nineties is an interpretation of the decade of corporate excesses that made the '90s the source of the so-called New Economy. Stiglitz draws on how the values of Wall
      1,111 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      857 17 wine&dine with weekendßT Asian Wok Flestamama's Italian Kitchen Orchard Hotel Enjoy the wide variety of mouthwatering steamboat 45 Boat Quay. Tel 6532 9006 #02-02/05 United Square. Tel: *****285 442 Orchard Rd. Tel: 6739 6554 buffet. Savour a sumptuous spread of Asian dishes in a Relish an aesthetic mix of Italian
      857 words
Page thumbnail Page 18
  • style food/travel
    • Article, Illustration
      Lock icon It's about hearts, not bikinis
      1717 18 Arthur Agatston, the man behind the hugely successful South Beach diet, says he created the diet to lower the risk of heart problems NYT AT the end of our twohour lunch, Arthur Agatston shook hands, relieved. "Thank you for not making me talk too much
      NYT; AP  -  1,717 words
    • Article, Illustration
      Lock icon Modern vibrant city with imperial past
      947 18  -  History takes pride of place in bustling Nanjing, says MARISSA CHEW MARISSA CHEW THE distinctively shrill tone of a Chinese opera singer and her discordant accompaniment drew me to a little room at the Nanjing Folk Customs Museum. When I peeked in, I saw
      PHOTOS BY MARISSA CHEW  -  947 words