The Business Times, 11 September 2004

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Total Pages: 21
1 22 The Business Times
  • 17 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents MITA (P) 023/03/2004 online at Jrnpi/business-times aaat .com.sg September 11-12,2004
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  • Article, Illustration
    118 1 The World Trade Organization is a mess Pascal Lamy, the top trade official of the European Union, is not one who minces his words. RAFFLES CONVERSATION. PG 3 S'pore stocks: clarity, please Analysts evaluate several risk scenarios for the Singapore stock market. DBS INVESTMENT ROUNDTABLE, PG 7 Singaporeans
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  • 134 1 STI 1,967.70 (+2.42) ST INDEX FUTURES 1,965.00 (-3.00) SIMSCI 236.87 (+0.58) SIMSCI FUTURES 237.30 (+0.60) MARKETS Friday Change KLSE COMP 850.29 +3.32 NIKKEI 225 11,083.23 -87.73 HANG SENG 13,003.99 +61.79 SET INDEX 640.60 -0.44 JAKARTA COMP 797.78 +15.13 TAIPEI WPI 5,846.19 +3.26 AUSTALLORD 3,602.50 +4.10 BOMBAY IND 5,370.05
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  • 33 1 TOP STORIES PG2 COMPANIES... PG 4 6 INVESTMENT PG 8 SINGAPORE PG 9 ECONOMY PG 10 FOREIGN PG 11 13 WELLNESS PG 15 HEALTH PG16 17 MOTORING PG 18 TRAVEL PG 21
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  • 795 1  -  Market players welcome budget's push to liberalise the country's financial sector By EDDIE TOH, SIOW LI SEN in Singapore MALAYSIA will allow the entry of up to five top-line international stockbrokers and five fund managers to help liberalise its financial services sector.
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  • 379 1 Foreign investors seen taking a positive view of election outcome [JAKARTA] Spurred by foreign investors buying ahead of the presidential election, the Jakarta stork market brushed off the embassy bombing of the previous day to rise sharply to close at a four-month
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  • Page 1 Advertisements
    • 30 1 JTWp E dIISINE SINGAPORE 85 cents MITA (P) 023/03/2004 a workout pg 15 8 Log on to BT Online for the full text of the Malaysian Budget We're at http://business-times.asial.com.sg
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    • 33 1 MOTORING _Jp|a|H^H|^n^^^^^n|^^n| SPpCBB^M^HBI t/f ff 1 ylff Sarasin H«mh«»t ktw| u(4tti> uwrnNmi* H Hank Saramn Rabu (Ana) led 77 Rohinaon Road #13*00 SIA RuiMing Singapore MUM Tel: (*5) 45.W fcB4B Fa*: (fc*> ISfc*
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  • TOP STORIES
    • 725 2  -  COMMENTARY With the budget over, his mind is expected to be on the political agenda EDDIE TOH KL Correspondent THE Malaysian Budget speech is a lot shorter this year. Prime Minister and Finance Minister Abdullah Badawi's maiden offering covers just 29
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    • 519 2  -  By EDDIE TOH in Kuala Lumpur MALAYSIA plans to implement a broad-based Goods and Services Tax by Jan 1, 2007 to help narrow the yawning gap in the federal budget after six straight years of pumppriming. GST will replace sales
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    • 528 2 Lantrovision shares hit by insider trading probe LANTROVISION shares sank almost 12 per cent yesterday after the company said it was the subject of a police investigation into alleged insider trading. Executive director Kenneth Ang has reassured shareholders that operations would go on as usual. COMPANY NEWS, Pg
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    • 666 2  -  SATURDAY SOAPBOX Today is a day to reflect on the needless loss of civilian lives in conflicts around the world CHRISTOPHER REED ON THIS day three years ago, 2,973 people died in America at the hands of terrorists in the most
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  • Page 2 Advertisements
    • 173 2 CifitaMrte 1809 289 8822 n In the Matter of The Companies Act Cap. 50 and In the Matter of CHROME WHEELS PTE LTD Company Registration No. *****3 374 D (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap.
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    • 40 2 I j yelling I car? I Reach out to more readers by nrf < advertising in The Straits Times Classified. Call our C.A.T.S. hotline at 1800-289-9988 and ICAXS. our friendly sales personnel Buy It. S«ll it. Find it. will serve you.
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  • RAFFLES CONVERSATION
    • 1686 3  -  Pascal Lamy, head of the EU Trade Commission, talks to VIKRAM KHANNA about being a trade negotiator in a complicated world VIKRAM KHANNA THREE or four years from now, you will probably (though not certainly) read about a megadeal on world trade as the so-called Doha Round
      CHRIS LOH  -  1,686 words
    • 330 3 "WHAT can Asean learn from the European Union when it comes to integration?" That was a question put to the EU's Trade Commissioner Pascal Lamy from the floor, after his talk to the European Chamber of Commerce and the Singapore Business Federation last week. Mr
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  • Page 3 Advertisements
    • 66 3 Raffles INTERNATIONAL Motels Resorts A Member of Capita Land 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
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  • COMPANY NEWS
    • 512 4  -  Call for documents in investigation into allegation of insider trading By KENNETH LIM SHARES of Lantrovision (S) Ltd plunged 11.8 per cent yesterday after the associated company of Strike Engineering said the Commercial Affairs Department is investigating an allegation of insider trading. "The company
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    • 634 4  -  CORPORATE ANALYSIS Diversified plastics firms with a China presence may gain more, says KENNETH LIM KENNETH LIM THERE is a scene in the 1967 movie The Graduate where a middle-aged businessman pulls aside Dustin Hoffman's lead character at a pool party and whispers conspiratorially: "Plastics." "There is
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    • 6 4 Transaction date: Sep 10
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    • 244 6  -  By KENNETH LIM A SINGAPORE-LISTED company will be applying for a licence to run China's first low-cost budget airline and plans to announce the details on Tuesday. Sources close to the company told BT that it will be doing so with two partners,
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    • 521 5  -  But it's not a waste of time, resources for them to do so, seminar told By JOYCE KOH IT is the new buzzword in the industry corporate social responsibility (CSR), or the idea of weaving social and environmental concerns into the business. But local companies
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    • 223 5 ONCE again, Temasek has upped the stakes in its takeover target Neptune Orient Lines, this time spending $134 million to buy a 3.3 per cent stake in the shipping line. Temasek yesterday bought 47.7 million NOL shares at its $2.80 offer price, marking
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    • 3832 5 Transaction date: Sep 10 STRAITS TIMES INDEX STOCKS Stodc name Wt Close Change Stock name W« Oom Change Stock name Wt Close Change Allgreen 50c 0.33 1.150 +0.010 HKLandUSIOc 2.77 2.030 STEngglOc 1.63 2 080 BlCkrtl US20c 0.47 0 980 -0.005 Haw Par Corp 048 4 940 -0.040 STATS
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    • 500 5  -  STOCKS R SIVANITHY Senior Correspondent OTHER than the fact that the Straits Times Index gained 31 points or 1.6 per cent over the week to 1,967.7, the other notable features over the past five days have been the issuance of modestly optimistic
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    • 482 6  -  Measures on submarine cable landing station market are to create transit hub By TANG WENG FAI SINGAPORE Telecommunication's hold on the submarine cabie landing station market has been further loosened with new rules from the Infocomm Development Authority (IDA) aimed at making Singapore a
      Source: IDA  -  482 words
    • COMPANY BRIEFS
      • 97 6 HYFLUX said it has been selected, along with subsidiary Hyflux Filtech and Liaoning Zhengye Enterprise Group, to develop, design, build, own, operate and transfer a 50,000 cubic metre per day seawater desalination plant in Liaoning province. The membrane-based plant is expected to be completed
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      • 50 6 Reuters SIA Engineering Co has signed a five-year maintenance contract with newly formed low-cost carrier Tiger Airways valued at $110 million. The aircraft maintenance, repair and overhaul arm of Singapore Airlines said it beat rivals from Europe and Asia for the service.
        Reuters  -  50 words
      • 55 6 FRASER Neave's 33 per cent associated company Fung Choi Printing and Packaging Group has lodged a preliminary prospectus with the Monetary Authority of Singapore in a bid to list on the mainboard. Fung Choi's invitation will comprise 106 million new shares. PricewaterhouseCoopers Corporate Finance
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      • 42 6 NEWLY-LISTED Eucon Holdings yesterday reported a 40.6 per cent increase in group net profit for the six months ended June 30 to $5.3 million. Revenue was up 60.6 per cent to $19.4 million.
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    • 509 6  -  Price war may lead to consolidation soon: Fernandes By VEN SREENIVASAN AIRASIA'S multi-million-ringgit initial public offering (IPO) could hit the market within weeks even as its chief executive predicts severe overcapacity and falling margins in the industry. Malaysia's Business Times,
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    • 42 6 UNIT TRUSTS FUNDS LEGEND: All prices are indicative; Broadly Diversified; Narowly Focused; S Lower Risk; Low to Medium Risk: Medium to High Risk; Higher Risk; open-ended; Before subdivision of units; After subdivision of units; SP after stock split; N.A. Non Dealing Day
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  • Page 4 Advertisements



  • DBS INVESTMENT ROUNDTABLE
    • 3223 7 VOLATILE oil prices, terrorist attacks, the prospects of a slowdown in the US and a hard landing in China it has been looking like an increasingly tough environment for investors. What are the risks they face? Is it time to hunker down and do as
      CHRIS LOH  -  3,223 words
  • Page 7 Advertisements
    • 41 7 8 DBS The DBS Investment Roundtable is brought to you by DBS. It aims to help the investor make informed decisions by providing a platform for experts to discuss the impact of current market issues and concerns. DBS hotline No: 1800-*****22
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  • PERSONAL INVESTMENT
    • 832 8  -  Compiled by KENNETH LIM Singapore Airlines Sept 10 dose: $11.30 SIA has sealed a wage pact with pilots. No impact on earnings and we maintain our BUY recommendation on attractive valuation. SIA has signed a "points of agreement" for a new collective agreement with its pilots' union. Wage
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    • TRADES TO WATCH
      • 83 8 HONG Leong Asia independent director Qiang Chang Sun no longer holds any shares in the industrial and manufacturing arm of the Hong Leong Group. He was deemed to have been interested in the 5.3 million shares, or 1.39 per cent of Hong
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      • 61 8 ULTRO Technologies chief executive officer Lim Ee Chuan bought 500,000 shares at 12 cents apiece in a married deal on Thursday. The transaction raised his direct stake to 15.76 per cent from 15.51 per cent. Mr Lim also has a deemed stake
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      • 104 8 ASJ Holdings non-executive chairman Chia Soon Loi has seen his shareholding increase after two buying sessions by a nominee account this week. On Wednes- day, 612,000 shares were bought on the open market at about 50.7 cents each through an HSBC nominee account,
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      • 111 8  -  Compiled by KENNETH LIM PANPAC Media Group chairman Low Song Take and non-executive director Kevin Low saw their deemed stakes in the publishing company increase by one million shares after investment vehicle International Press (IP) Holdings made the openmarket purchase at 12 cents
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    • 1294 8  -  SHOW ME THE MONEY Though sector diversification has an edge, timing is what matters more TEH HOOI LING Senior Correspondent THERE are always different perspectives to look at things. Similarly for data analysis. Many a time, it depends on which time frame you use and
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    • 915 8 For week beginning Sep 6 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS SubuntJal in* *> of Plica SHAREHOLDING Tram Shareholder Wl Uurtl Par Before Aftar Stock Data Oiractor Con* 000 Shr S COOP) (*800) Raffles Las 9-Sep-04 Chen Weiping Sell ***** 0.56 ***** 8.34 ***** 3.97 Panpac Media 9-Sep-04 Ricky
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  • Page 8 Advertisements
    • 64 8 Thinking of traveling, moving, studying or investing in property in Vancouver, Canada? Get the inside scoop on this city. We can help you understand the true value of your investment in terms that you can relate to. Seminar on Please register at Sat 18th September www.waterfrontbc.com or 3pm 9436-5532 WATERFRONT
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  • SINGAPORE NEWS
    • 425 9  -  Tough for new firms but some customer segments can still be tapped By TAILA KRISHNAKUMAR SINGAPORE remains an attractive market for wealth management but not for new players, said Londonbased business information provider Datamonitor yesterday. In its latest report, Wealth Management in
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    • 525 9  -  By RAJU CHELLAM IF you think cyber-games are for kids, think again. At the Singapore Cyber Games finals today, a dozen top cyber-gamers will be selected to fly to San Francisco next month to do battle with 59 other countries at the Global
      LIM WUI LIANG/ST  -  525 words
    • 374 9  -  Move follows govt's directive to statutory boards By ANDREA TAN THE Singapore Labour Foundation (SLF) has divested its 29 per cent stake in NTUC Choice Homes Cooperative. This is in line with the government's "Yellow Pages" rule that statutory boards and
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    • 325 9  -  By VINCE CHONG AT least two new showflats await visitors this weekend as developers try to catch the latest wave of homebuying interest. World Class Land (WCL), the property arm of mainboard-listed Aspial Corporation, will launch its freehold East Coast project Coastarina today, while
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    • 211 9 SINGAPORE Business Federation (SBF) council member Freddy Lam has been elected president of the Asean Chamber of Commerce and Industry (Asean-CCI), the SBF announced yesterday. Mr Lam is vice-president of the Singapore Chinese Chamber of Commerce and Industry (SCCCI), vic-chairman of SBF's international relations committee
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    • 283 9  -  By NANDE KHIN THE next time you suffer from diarrhoea, it could be because you have eaten pre-packed food that has expired. This was what happened to one man who said he took a canned drink that was past its expiry date. He had bought
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    • SINGAPORE ROUNDUP
      • 81 9 PRIME Minister Lee Hsien Loong has expressed outrage at the bomb blast near the Australian Embassy in Jakarta. In a letter of condolence to Indonesian President Megawati Sukarnoputri, PM Lee said Singapore "strongly condemns these acts of violence". "Singapore will fully support Indonesia in your
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      • 62 9 MYANMAR Prime Minister General Khin Nyunt will make a working visit to Singapore on Monday. He will be accompanied by his wife, Industry Minister U Aung Thaung, Commerce Minister Pyi Sone, Foreign Affairs Minister U Win Aung and other senior officials. They will hold talks
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    • 465 9  -  And they plan to fulfil them by franchising abroad By CHEN HUIFEN SIZE doesn't matter when it comes to global ambitions. My Mum's Cuisine, Body Contours, Lee Fun Holdings and Xpressflower.com may be small homegrown companies, but that isn't stopping them from dreaming of
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  • ECONOMY WATCH
    • 784 10 RESEARCHER'S INSIGHT Only Singapore, Malaysia and Hong Kong see data bucking the trend to lower growth Against a backdrop of some moderation in US and Japanese growth, and our concern about the rise in the long-term price of oil, the external picture for growth within
      REUTERS FILE PHOTO; Source: CEX  -  784 words
    • 332 10 Bloomberg [TOKYO] Japan unexpectedly cut its estimate for second-quarter economic growth to a 1.3 per cent annual pace, the slowest in more than a year, as manufacturers slashed inventories. Stocks and the yen fell. The pace of growth announced by the Cabinet
      Bloomberg; AFP FILE PHOTO  -  332 words
    • 6 10 Transaction date: Sep 10
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  • FOCUS: JAKARTA BLAST
    • 734 11  -  But travel agents report spike in outbound bookings from Jakarta By TAILA KRISHNAKUMAR [SINGAPORE] SOME bankers were seen getting into taxis and heading straight for the airport shortly after Thursday's bomb blast at the Australian embassy in Jakarta which killed nine people and wounded over
      AP  -  734 words
    • 469 11 Bloomberg {JAKARTA] Standard Chartered and four other lenders competing to buy control of PT Bank Permata, Indonesia's seventh-largest lender, are seeking a bigger stake than the 51 per cent they were offered by the government, the asset sale agency said. The five shortlisted
      Bloomberg  -  469 words
    • 4 11
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    • 249 11 Bloomberg [JAKARTA] The International Monetary Fund (IMF) said it's confident Indonesia's economy will overcome the impact of Thursday's bomb blast so long as the government pursues "sound policies" to boost recovery. The blast near the Australian embassy in Jakarta left nine people dead and
      Bloomberg  -  249 words
  • Page 11 Advertisements
    • 338 11 Call toll-free 1800 289 8822/ Email recruit®sph.com.sg KiMßflttilflßßim V VICE DEAN I Jm THE LEE KUAN YEW SCHOOL OF PUBLIC POLICY is searching for pj candidates for the post of Vice Dean (Administration). jS An autonomous school within the National University of Singapore, jp SB the School provides rigorous post-graduate
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  • MALAYSIA
    • 397 12/13 It has option to top up its 29.9% holding by at least 15% more in 2006 CKOSS-KORDKK transactions between Singapore and Malaysia continue to rise as Malaysian conglomerate Sime Darby Bhd finally sealed a deal to buy 2').') per cent of lava Holdings
      FILE PHOTO  -  397 words
    • 289 12/13 Bloomberg I KUALA 1.1.M1'l HI Telekom Malaysia Bhd. South-east Asia's second-largest phone company, had its senior unsecured foreign currency bond ratings raised to 'AH' from Baa 2' by Moody's Investors Service. "The upgrade reflects Telekom's strengthening operating and financial profile following completion of the Celcom acquisition
      Bloomberg  -  289 words
    • 688 12/13 I KUALA LUMPUR) Antah Holding is set to be revived from its moribund state soon, savs a report in 7 he l-dge The Malaysian weekly said, following its proposed solution for its debt and working capital problems. Antah announced recently a proposal to acquire
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    • 191 12/13 Bernama IKUAI.A LUMPURI Peremba Construction Sdn Bhd has received approval from the Securities Commission to list on the main board of Bursa Malaysia. The company said the listing would be undertaken through a new company called PKCI) Bhd. Its core businesses would
      Bernama  -  191 words
  • ASIA-PACIFIC/WORLD
    • 449 12/13  -  Market runs up with foreign interest returning after good response to US$1b bond By AL LABITA in Manila PIIII.IPPINh stocks, led by blue chips, have defied a bleak outlook and dire forecasts lor the economy, sizzling for the third day in a row as foreign
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    • 426 12/13 Bloomberg (NEW YORK] Michael Eisner will step down as chief executive officer of Walt Disney Co in 2006 after more than two decades in which he boosted sales almost 18-fold, added seven new theme parks and faced calls for his ouster. Mr
      Bloomberg; AP  -  426 words
    • 302 12/13 Bloomberg ISAN FHANCISCO) Oracle Corp won permission from a US judge to proceed with its US$7.7 billion hostile bid for People Soft Inc, reviving a battle that PeopleSoft said drove customers to competitors. People Soft shares jumped 14 per cent. Oracle founder
      Bloomberg  -  302 words
    • WORLD WATCH
      • 113 12/13 Reuters Bloomberg I WASHINGTON US producer prices last month dropped unexpectedly as energy price gains eased and the cost of food and vehicles fell, according to a government report. The price report showing inflation pressures fading fuelled market speculation the l ederal Reserve will
        Reuters; Bloomberg  -  113 words
      • 145 12/13 FT IHONC KONtil Rupert Murdoch is to join the board of China Netcom, the country's second-largest fixed-line group, ahead of its US$l.5-2 billion international listing, according to a report in the Financial Times. The paper said the appointment of the News Corp chairman as
        FT  -  145 words
      • 141 12/13 Bloomberg IBEIJINGI China's Dalian Commodity Exchange said it will begin trading corn futures on Sept 22 to make it easier for domestic growers of the country's second-largest crop to sell their grain. The Dalian exchange will start trading six contracts, set to expire in
        Bloomberg  -  141 words
      • 113 12/13 Reuters IHONG KONGI China Power International Development Ltd. which is marketing an initial public offering worth USS3OO-450 million, could have several foreign investors interested in buying a strategic stake, banking sources said on Thursday. "At this stage, it's still unclear if the company will
        Reuters  -  113 words
  • Page 12/13 Advertisements
    • 152 12/13 instalment till TOP or Deferred payment scheme Pn|s 1* l*S* is S*JJO*t**f AII units f acing pool with 2 uniquely landscaped islands g g a 4847 6585 4945 or our website at www.centrepointhomes.corT Js I ShUtt e BUS Service From Pasir Ris MRT Station To Showflats V ntur E-v*-Fm»w»ng From
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  • NETWORK SINGAPORE
    • 873 14  -  LETTER FROM NEW YORK Ceramic artist WEE HONG LING is enthralled by 'the myriad of opportunities to pursue one's passion and the possibility of making it work' WEE HONG LING TWELVE years it's been but who's counting? When I said goodbye to
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    • 537 14  -  LETTER FROM HOLLAND Singaporeans should realise that keeping healthy is just as important as success, TAN FOOK HWA says TAN FOOK HWA lAM a student in the Netherlands. I was born and bred here, but am still holding my Singapore citizenship. Before I entered university,
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  • Page 14 Advertisements
    • 99 14 oWee Hong Ling, a ceramic artist, was working as a NASA research fellow when she discovered her latent creative energy and passion for ceramics. She received the SINGAPORE INTERNATIONALE grant from the Singapore International Foundation (SIF) for her exhibition entitled "Crossing Singapore Boundaries" at the Singapore Permanent Mission to the
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    • 131 14 oTan Fook Hwa is a Singaporean who was born in the Hague, the Netherlands. He is a fine example of an overseas Singaporean whom the Singapore International Foundation keeps in touch with under its Overseas Singaporeans programme. The programme fosters a sense of national identity and kinship Slngapo r e
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  • WELLNESS
    • 910 15  - For body imind The benefits of yoga reach far deeper than a mere workout, writes JUDY CHAPMAN JUDY CHAPMAN A NEWSPAPER article last week headlined "Doing yoga no substitute for a good workout" was a hot topic at my yoga class the next day. The general thrust of the article
      PHOTOS FROM GAIA YOGA  -  910 words
    • 977 15  -  Fast to cook, good to eat, with reduced carbohydrates, low fat and bursting with fibre. What will they think of next? CHEAH UI-HOON reports CHEAH UI-HOON TRYING to go on a low-carb diet but craving instant noodles? Diabetics and weight-watch-ers don't have to struggle
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    • 328 15 Ashtanga A system of hatha yoga taught by Sri K Pattabhi Jois that synchronises the mind, body and spirit with the breath. Through a series of physical postures or asanas, the practitioner generates a purifying sweat that detoxifies the muscles, joints and internal organs. Hatha Hatha yoga
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    • 140 15 Gaia Yoga Center Yoga Flow, pilates, yoga for kids, women's health yoga, meditation and pre-natal. 30 Bideford Road, Thongsia Building, 03-01. Tel: 6738 2028. Fax: 6738 7168. www.gaiayoga.com.sg WHATEVER The Bookstore Cafe Specialises in ashtanga and hatha vinyasa yoga with daily individual and group sessions. Also offers pre-natal
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  • HEALTH
    • 663 16 16-year study finds women aged 50 to 59 showed the greatest improvement in a marathon AP RUNNERS over the age of 50 improve their performance more quickly than younger runners, a Yale study found, reinforcing past research on older athletes and the
      AP; AFP  -  663 words
    • 963 16 your health questions answered I am two months pregnant. At my recent medical check-up, my cancer marker reading was 350. The doctor has not been able to determine the cause of this. What are my options? I don't want to lose my baby. Is radiotherapy dangerous for my baby?
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    • 337 16 Reuters TURMERIC, a spice used extensively in Asia as a key ingredient of curry, may be protecting children against leukaemia, a scientist said on Thursday. Rates of the blood cancer have been rising steadily for the past 50 years but its incidence in Asia is much
      Reuters; FILE PHOTO  -  337 words
    • 1298 17  -  If the cancer is detected early, 80% of patients will be cured, reports CHEN HUIFEN CHEN HUIFEN BREAST cancer is the most common form of cancer found in women in developed countries. In Singapore alone, about 1,000 new cases of breast cancer are
      PHOTOS BY CHRIS LOH  -  1,298 words
    • 406 17 IF you discover a lump in your breast, don't be alarmed. In roughly 80 per cent of cases, the lump is a benign one, according to Dr Elizabeth Au, consultant medical oncologist at Parkway Group Healthcare. Still, one should see a doctor as early as
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  • Page 16 Advertisements
    • 1452 16 Notices JETS TECHNICS INTERNATIONAL HOLDINGS LIMITED (Incorporated in Bermuda on 9 February 2004) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of JETS TECHNICS INTERNATIONAL HOLDINGS LIMITED (the "Company") will be held at Vault I 11. Intercontinental Singapore, 80 Middle Road, Singapore *****6 on
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  • Page 17 Advertisements
    • 454 17 T~~ "The International Healthcare u Provider of Choice With A PassiQri tor People r V Every year, over 200,000 patients from I Asia's premier fully integrated healthcare provider 150 countries come to SinaaDOre for Lar gest regional network of private hospitals and 9 r healthcare services tertiary care. Over 60%
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  • MOTORING
    • 690 18  -  Volvo's facelifts for its S60 and XC70 are not mere cosmetic changes. The S60's spirited driving still thrills SAMUEL EE SAMUEL EE UNLIKE cars, humans don't always get meaningful midlife make-overs. Of course, it's possible to get a botox jab here and some liposuction there,
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    • 618 18  -  Reports by MICHAEL LIM WHEN it comes to tuners of Mercedes-Benz cars, Brabus, Lorinser, Carlsson and, of course, MercedesBenz's in-house tuning maestro AMG are names that many here are familiar with. But mention Kleemann and you'll probably get a blank look. While most Merc tuners are
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    • WHICH WHEELS
      • 51 18 The hatchback version of the Kia Cerato has arrived and will be launched next week. This sporty five-door model has a long roof reminiscent of the quintessential hot hatch from Germany. Prices start from about $62,000, or $2,000 more than the Cerato sedan. Call Cycle Carriage Kia on
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      • 51 18 This weekend's special is the Wira 1.3 manual at $51,800 with $0 downpayment. Prices for all other models have gone up by $1,000 except for the new GEN.2 five-door hatchback which stays at $63,800 for the manual and $66,300 for the automatic. Call Proton Singapore on
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      • 80 18 Borneo Motors has raised the price of its Toyota Vios and Toyota Corolla Altis 1.6 by $1,000. The best-selling Corolla now starts from $72,388. Despite Category B rising more than Cat A this week, the popular Camry mid-sized saloon is only $700 higher. It starts from $105,588.
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      • 56 18 Kah Motor has raised the price of all its Honda models by a uniform $1,500, the same amount as Category B COE premium had risen in this week's tender exercise. This means a Honda Civic 1.6 starts from $78,500, while a Honda Odyssey begins from
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      • 56 18  -  Compiled by SAMUEL EE Category A models in the Nissan range now cost $500 more, and Cat B cars are an extra $1,000. This means the Nissan Sunny starts from $64,000 with a two-year preventive maintenance programme, leather seats, sports rims and cash-back of $2,880. Call
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    • 412 18 PROBABLY the first thing a local buyer will appreciate about the Kleemann bolt-on supercharger kit in the Merce-des-Benz E320 is that it fits snugly under the original engine cover. Another interesting point is that the low-boost unit doesn't require anything other than an up-rated fuel
      PHOTOS BY MICHAEL LIM  -  412 words

  • SIGHT & SOUND
    • 1097 19  -  Think your CD sounds good as it is? The CD Sound Improver will do wonders and not just for music but data and images too. THAM CHAIK KONG explains THAM CHAIK KONG TO improve the sound quality of compact discs, audio engineers have been working on
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  • Page 19 Advertisements
    • 281 19 SUBSCRIBE NOW AND STAY COOL ALL YEAR ROUND. 11 > -Mk m :j9 w A stylish mini T fridge is yours (while stocks last) if you subscribe to The Business Times. Plus, you'll enjoy 10% off when you sign up for one year To subscribe, call 6388 3838 or complete
      281 words

  • SHOPPING
    • 944 20  -  The iconic department store promises to send shoppers' adrenalin pumping with exciting concepts for its all-new Levels 2 and 3. CORINNE KERK finds out more from its chairman CORINNE KERK NMMMMI HH local retail scene is S, about to get a much needed shot in the
      CHRIS LOH  -  944 words
    • 433 20 Level 2 Tang Co New luxury selections from over 88 brands of ready-to-wear and exquisite shoe collections sourced from fashion capitals around the world. Targeted at the sophisticated, well-heeled and well-travelled, the designer labels will be accompanied by a complete range of fashion merchandise including
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    • IN STORE
      • 53 20 Want to dross up a plain dross or blouse? Try the Vivid Vibos pendant which is bezel set in white gold with citrine, blue topaz, amethyst and peridot. Priced at $1<J8 (without chain), it is available at all Lee llwa Jewellery outlets including at CityLink Mall
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      • 52 20 Glasses in soft pastel schemes look best on those who have strong facial features. Like this oval-shaped Charmant AA3726 model that comes with full-trimmed frames in metallic red, pink, violet or blue and matching translucent accents on the temple-tips. Launched last month, it's available at authorised dealers
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      • 67 20  -  Compiled by MIKE CHUA Raffles City: Knjoy complimentary coffee/tea and FRKF first hour parking everyday at Raffles City Shopping Centre, just by spending on your Citibank Credit Card. More details at Raffles City Shopping Centre, Citibank Rewards Hub, Level 1. Chinatown Point: Catch Chinese pipa players, acrobats, magicians
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  • TRAVEL
    • 1075 21 The restoration of a German landmark from its WWII ruins marks the revival of a city known for its rich culture and art LATWP YOU can't get lost in Dresden. Wherever you go, you can see the stately white dome of the Frauenkirche, as much
      LATWP; AFP PHOTOS  -  1,075 words
  • Page 21 Advertisements
    • 892 21 wine&dine withweekendBT A1W0 Food for Life mudvawaited popular Oishii (delicious) experience by our items on the buffet table, the chefs spedaldnmken prawns variety will leave you spoilt for choice. Available for hmdi 252 North Bridge Road, #02-20 Raffles City Shop- guest Chef, for a limited period only. From now until
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  • Page 21 Miscellaneous
    • 295 21 CRYPTIC CROSSWORD ACROSS m —n —is —i —F~i l —R —i —a— 1 Stop the car to put on jersey? 5 Unwilling workers who wash jH J|B J[H HHHHH HI JHE aboard ship (6) [9 I I I I I I f| 9He pulls out all the stops when l
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  • FOOD
    • 936 22  -  JAIME EE checks out a string of eateries that have sprung up on Robertson Quay JAIME EE DINING by the river at Robertson Quay has become infinitely more interesting these days, after years of being a blindspot for diners put off by the daytime heat and
      936 words
    • 986 22  -  Post Les Amis, Ignatius Chan dishes out modern European amid Japanese-style intimacy. GEOFFREY EU has a taste GEOFFREY EU WHEN Iggy's the most exciting new restaurant to open in Singapore in a while went through its initial culinary paces by having a trial dinner run for
      ARTHUR LEE  -  986 words
    • 622 22  -  Tung Lok's latest serves up simple staples in a funky-cool setting By JAIME EE THE idea was to provide a reason-ably-priced, stylish venue with flexible enough opening hours to cater to both pre-theatre dinner and posttheatre supper groups at the Esplanade. And it was also a case
      622 words