The Business Times, 25 September 2004
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2004-09-25
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The Business Times
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Title Section13 2004-09-25 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents MITA (P) 023/03/2004 September 25-26 200413 words
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530 2004-09-25 1 TAILA KRISHNAKUMAR - Australia, China lead Asia-Pac region, ex-Japan By TAILA KRISHNAKUMAR [SINGAPORE] Merger and acquisition (M&A) activity in Singapore has tripled in terms of deal value over the nine months ended September, with 231 Singapore companies the target of deals worth a total of US$l2.7 billion.530 words
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Article135 2004-09-25 1 STI 1,***** (-15.18) ST INDEX FUTURES 1,980.00 (unch) siMsa 238.05 (-1.14) SIMSa FUTURES 238.30 (+0.10) MARKETS Friday Change KLSE COMP 855.32 +2.43 NIKKEI 225 10,895.16 -124.25 HANG SENG 13,066.84 -213.59 SET INDEX 654.60 +5.80 JAKARTA COMP 819.82 +3.06 MANILA COMP 1.763.30 +20.74 SEOUL COMP 832.10 +2.42 SHENZHEN B135 words
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Article47 2004-09-25 1 TOP STORIES PG2 COMPANIES... PG 4-6 UNIT TRUSTS PG6 INVESTMENT PG 8 SINGAPORE PG 9 ECONOMY PG 10 NETWORK PG 11 FOREIGN PG 12-14 WELLNESS PG 15 HEALTH PG 16-17 MOTORING PG 19 SHOPPING PG 20 DESIGN PG 21 WINE DINE ....PG 21 FOOD PG 2247 words
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Article596 2004-09-25 1 GENEVIEVE CUA - UOBAM's Global IPO fund will widen investors' choices By GENEVIEVE CUA [SINGAPORE] Investors will soon be able to get in on initial public offers without putting all their eggs ihto one basket. A new fund has been proposed that will give exposure to a range596 words
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Page 1 Advertisements
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Advertisement31 2004-09-25 1 JS SINGAPORE 85 cents WELLNESS Cosmetic surgery; What's <, available in S'pore pg 15 NETWORK SINGAPORE Ajostleonafrosty China road moves a Singapore lecturer to reflect on change and the generations PGII 831 words
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Advertisement98 2004-09-25 1 I ftast off the eaten HEALTH Blindness can suddenly strike if vou have diabetes pg 17 IHfU MV Jfc M WW IA%I Wm v|^^B| j&g&, m I '<o^ ijp JRHk' f J^MT Breguet. La passion laisse des traces. /71 W Wnstwatch "Grande Complication" in 18-carat yellow gold Hand-wound mechanical move-98 words
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TOP STORIES
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499 2004-09-25 2 DANIEL BUENAS - Many still secretive about info which should be in public domain, it says Reports by DANIEL BUENAS [SINGAPORE] Data collect- ed for the Investor's Choice Awards 2004 shows corporate governance practice at many Singapore companies is still lacking, Securities Investors Association of499 words
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Article, Illustration335 2004-09-25 2 Baker Technology takes the corporate governance award for Sesdaq-listed companies [SINGAPORE] For the second year running, Singapore Telecommunications has taken the top awards for corporate transparency and governance at the Securities Investors Association of Singapore's Investors' Choice Awards. Sing Tel was one of 54ARTHUR LEE - 335 words
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Article780 2004-09-25 2 SGX to launch Phase 2 of research incentive scheme THE Singapore Exchange plans to launch the second phase of its Research Incentive Scheme and expects 30-50 more companies to take part. But SGX may charge those companies more to get coverage, while sweetening the deal for research firms780 words
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88 2004-09-25 2 PRIME Minister Lee Hsien Loong has asked the Registration Officer to revise the registers of electors before Oct 30. The Elections Department said yesterday that this was a routine exercise to bring the registers up to date. "The law requires the registers88 words
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Article, Illustration678 2004-09-25 2 SHOEB KAGDA - SATURDAY SOAPBOX Her approach has contributed much to stabilising the country's politics and economy SHOEB KAGDA Jakarta Correspondent AS she delivered her last address to the People's Consultative Assembly on Thursday, President Megawati Sukarnoputri may well have choked back some tears. But with678 words
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Page 2 Advertisements
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Advertisement58 2004-09-25 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: SimonneToh T: +65 6535 3382 F: +65 6535 3991 E: singaporedocfa.com.sg58 words
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RAFFLES CONVERSATION
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Article, Illustration1803 2004-09-25 3 EDDIE TOH - It took 9 years before the KL monorail service could be launched and the journey to completion was anything but smooth-sailing. Still, the man behind the project relished the ride. David Chew tells EDDIE TOH why EDDIE TOH THE catchy song from the old TV hit series Mission:SHAMSHAHRIN SHAMSUDDIN - 1,803 words
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355 2004-09-25 3 IMAGINE what an elevated monorail system could do to Orchard Road, suggests David Chew. "We can add more flair in Singapore by putting a monorail in Orchard Road," he muses. The main owner of the sole monorail manufacturer and operator in Malaysia is not355 words
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Page 3 Advertisements
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Advertisement74 2004-09-25 3 Enjoy great value. Simply select your hotel from the list of participating 5) C*SBB|73VI Raffles International hotels and present your SIA boarding pass to savour f a host of pleasing extras such as sumptuous buffet breakfast for 2, f9||fi Jcg *<■;£*s v' late check-out, and 500 KrisFlyer miles. s|W|iqlp-. j74 words
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Advertisement66 2004-09-25 3 Raffle? INTERNATIONAL Motels Resorts A Mombor of Cnpitii ifiri 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 provided66 words
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COMPANY NEWS
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Article666 2004-09-25 4 KENNETH LIM - Charges for new participating firms in Phase Two doubled to $8,000 By KENNETH LIM IT pays to be an early-bird. Singapore Exchange is launching Phase Two of the SGX-MAS Research Incentive Scheme, first'introduced in late 2003 to enhance research coverage of stocks listed on666 words
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Article, Illustration405 2004-09-25 4 KENNETH LIM - By KENNETH LIM AFTEB scrapping a reverse takeover scheme it had been planning for two years, loss-making Teamsphere is back with a new $367.5 million deal that could open a backdoor to Sesdaq for a China steel company. Teamsphere, a manufacturer ofSource: Bloomberg - 405 words
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Article, Illustration1011 2004-09-25 4 SIOW LI SEN - CORPORATE ANALYSIS Though there is a lack of critical mass, Islamic finance has taken off in some non-Muslim countries, reports SIOW LI SEN SIOW LI SEN BANKERS say Singapore's efforts to develop Islamic finance should not be constrained by the fact thatAFP - 1,011 words
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435 2004-09-25 4 VEN SREENIVASAN - By VEN SREENIVASAN SINGAPORE Airlines is shedding another 130 information technology staff, on top of the 70 finance department staff it is retrenching. The latest batch are staff from SlA's Data Centre, End User Computing Support and the Help Desk,435 words
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Article, Illustration513 2004-09-25 4 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index had a good run over the past few months, with the pace of gains picking up throughout August as oil prices softened. In four weeks, the index rose from 1,900 to just above513 words
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Article, Illustration489 2004-09-25 6 KENNETH LIM - It seeks to gain majority control to further develop its nutrition business By KENNETH LIM NOT content with owning 23.92 per cent of Global Active, Ron Sim's flagship Osim International has struck a deal that will give it majority control of theFILE PHOTO - 489 words
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373 2004-09-25 6 WONG WEI KONG - Improved contributions from acquisitions drive up revenues By WONG WEI KONG MAINBOARD-LISTED Beyonics Technology, an integrated manufacturing services provider, said it has more than doubled its earnings for its financial year ended July 31, 2004. With no exceptional item to account for373 words
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361 2004-09-25 6 TAILA KRISHNAKUMAR - By TAILA KRISHNAKUMAR DBS Bank has raised US$75O million from an issue of subordinated bonds due 2019, as part of its continuing effort to manage its capital. The 15-year notes, with a call option and coupon step-up after the 10th year, were priced361 words
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COMPANY BRIEFS
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74 2004-09-25 6 SINGAPORE'S China EnerSave has struck a joint-venture deal to invest in Qingdao's first waste-to-energy project. Cost for the development of a build-operate-transfer plant is estimated at $96 million. It calls for a cash injection of $24.5 million, $11.8 million of which74 words
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28 2004-09-25 6 ASCENDAS Real Estate Investment Trust has bought Wisma Gulab at MacPherson Road for $55.7 million from listed RSH Holdings.28 words
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49 2004-09-25 6 DARCO Water Technologies has clinched a NT$lOO million (554.97 million) solid-waste treatment contract from the Taipei City Municipal Council. The service and upgrade contract is expected to be completed in about 18 months, with about 25 per cent completed by year-end.49 words
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56 2004-09-25 6 DEUTSCHE Bank said it will offer 20 million more put warrants tied to the Straits Times Index. Priced at 9.3 cents each, the warrants may only be exercised on Feb 28, 2005, and carry an "exercise price" of 1,800,56 words
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59 2004-09-25 6 AUSTRALIAN budget carrier Skywest, in which A-sonic Aerospace is bidding to take over, yesterday announced a As4.l million (554.9 million) 3-for-l rights issue at 21 cents apiece with an attached one-cent option. That is higher than the 20-cent-a-share rash offer by Captive59 words
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Page 4 Advertisements
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Advertisement4 2004-09-25 4 Sarasin Tel >-» hS4S' uww.\;ir,iM::.u.)iU4 words
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Page 5 Advertisements
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Advertisement171 2004-09-25 5 Showflats at Elias Rd open from 10am to 6pm daily Call 6585 4847/6585 4945 or visit our website at www.centrepointhomes.com Free Shuttle Bus Service from Peris Ris MRT Station To Showflats ffIHHHB (Service provided on 25 &26 Sep '04 from 11.30 am to 5.30pm every half hourly) jSjjji Another Quality171 words
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Advertisement20 2004-09-25 5 Due to good response from buyers, Centrepoint Homes has brought forward the release of Phase 2 units to this weekend.20 words
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BT ADVERTORIAL
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Article, Illustration384 2004-09-25 5 RIS GRANDEUR is one of the most sizeable freehold project to come onto the market in recent years. At an attractive price starting from $490 per square foot, it is a condo of excellent value, having attracted a high level of demand from384 words
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Article, Illustration274 2004-09-25 5 FEEL the tropical breeze rush through the apartment and you would know that you are truly home. Welcome to Centrepoint Homes' Ris Grandeur, an oasis nestled in the sunny East where design, nature and modern convenience converge seamlessly. Set in a sprawling compound in Pasir Ris, the274 words
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Article, Illustration256 2004-09-25 5 UNDER the normal method of progressive payment, Ris Grandeur buyers will not have to service any loan till the project obtains its temporary occupational permit slated for end next year. For those who opt for deferred payment, loan service will only kick in six months after TOP, so256 words
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Article4387 2004-09-25 6 UNIT TRUSTS FUNDS ad|t v^ 0 Mgt $>>» u* CAAM Asia Vision Fund!** 1064/1108 AMI Amro tact Mgt (S'pore) MS Am* Mgt Star Europe Eqty! r 0 725/ Shenton Twin Gfr 1.435/1 492 Star Europe Bond 1.271/ Japan Growth'*' 0 875/0 91 Star Europe Bal 1.045/ Mendaki Cap Pro Fd4,387 words
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Page 6 Advertisements
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Advertisement12 2004-09-25 6 Providing multi-style investment solutions for your lifestyle needs Aiiianz Dresdner Asset Management12 words
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DBS INVESTMENT ROUNDTABLE
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Article, Illustration2564 2004-09-25 7 LARRY WEE - LARRY WEE asks five market researchers to share their views on the prickly issue of the yuan's fixed peg to the US$, and the effect any change might have on the fixed rate pegs of Hong Kong and Malaysia LARRY WEE OVERVIEW: Pressure from senior US2,564 words
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Article, Illustration347 2004-09-25 7 AN NDF, or non-deliverable forward, is a synthetic financial market instrument which facilitates offshore hedging against the anticipated revaluation or devaluation of a currency at some forward date. Trading in NDFs have become especially important in the case of currencies which are not readily available toSource: IF Morgan - 347 words
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Page 7 Advertisements
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Advertisement40 2004-09-25 7 ODBS 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-*****2240 words
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PERSONAL INVESTMENT
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Article, Illustration561 2004-09-25 8 KENNETH LIM - Compiled by KENNETH LIM DBS Group Holdings Sept 24 dose: $15.90 GOLDMAN SACHS GLOBAL INVESTMENT RESEARCH. Sept 24 OUR new report addresses the recent investor debate as to whether it is time to unwind the buy DBS Group trade given the stock's good run and possible headwinds fromSource: Bloomberg - 561 words
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TRADES TO WATCH
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88 2004-09-25 8 EXECUTIVE director Wang Wenguang of United Food Holdings pared his stake in the Chinese meat producer to 0.4 per cent from 1.36 per cent after the sale of 10.67 million shares yesterday on the open market. The last time Mr Wang reduced88 words
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40 2004-09-25 8 ST Engineering director sells 35 000 shares NON-executive director of Singapore Technologies Engineering Tan Kim Siew sold 35,000 shares on Thursday at $2.13 to $2.14 a piece, reducing his stake to nil. ST Engineering fell two cents to 2.12 yesterday.40 words
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75 2004-09-25 8 CHAIRMAN and chief executive of Ace Dynamics Steven Tham Weng Cheong boosted his deemed stake in the industrial equipment and hardware distributor on Wednesday through the purchase of 3.5 million shares at 20 cents a piece. The purchase raised his deemed holdings75 words
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72 2004-09-25 8 HONG Fok Corporation executive director Cheong Sim Eng bought 95,000 shares on Thursday at 23.5 cents a piece. His openmarket purchase raised his direct stake from 9.99 per cent to 10.0 per cent. Since August, Mr Cheong has bought a total72 words
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66 2004-09-25 8 TAILA KRISHNAKUMAR - Compiled by TAILA KRISHNAKUMAR SINGAPORE Food Industries president and chief executive Peter Tay Buan Huat exercised share options for 250,000 shares at 55 cents apiece in the frozen food distributor on Wednesday. This raised his direct stake to 0.34 per cent or66 words
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Article1019 2004-09-25 8 For week beginning Sep 20 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Sobsantial Buy No of Price SHAREHOLDING Tram Shareholder Sell Shares Par Before After Date Director Cony '000 Stir COOP) fOOO) Ezyhealth Asia 23-Sep-04 Sin Keng Choo Buy 5847 0 05 ***** 23.74 ***** 25.97 UE 23-Sep-04 Chang Chew1,019 words
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Article, Illustration1317 2004-09-25 8 TEH HOOI LING - SHOW ME THE MONEY It's a tricky business but monitoring sharp price declines will provide some clue TEH HOOI LING Senior Correspondent TWO weeks ago, we looked at country indices and. by extension, how country funds appear to be more volatile than sector indices.1,317 words
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Page 8 Advertisements
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SINGAPORE NEWS
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Article, Illustration571 2004-09-25 9 KALPANA RASHIWALA - Developers seen selling 1 ,400 homes in Q3 CBRE expects up to 5% price rise over next six months on improved sales By KALPANA RASHIWALA PRIVATE home sales have picked up this quarter as developers launched more mass-market projects, and at least one property consultant is predicting prices may improve571 words
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307 2004-09-25 9 ANDREA TAN - By ANDREA TAN in Paris FRASER Suites Harmonie in Paris La Defense has hit a sweet note with Fraser Serviced Residences. Just three months into its soft opening, the group's first property in France has achieved occupancies of over 80 per cent and charges307 words
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SINGAPORE ROUNDUP
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78 2004-09-25 9 TRADE Industry Minister Lim Hng Kiang will deliver the opening address at the Asean Finance Ministers Investor Seminar in New York on Wednesday. The seminar is aimed at updating international investors on Asean's transformation, said the Ministry of Finance and78 words
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Article, Illustration119 2004-09-25 9 YAACOB Ibrahim, Minister for the Environment and Water Resources, is leading two business delegations to the United Arab Emirates (UAE) and Qatar. l he UAh mission is organised by IE Singapore and its delegates consist of 12 environmental companies such as119 words
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47 2004-09-25 9 THE Singapore Business Federation, backed by the Economic Development Board, is spearheading the development of a Business Continuity Management (BCM) standard for the manufacturing, innovation and services sectors. The standard will focus on continuity management and recovery of critical business operations.47 words
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82 2004-09-25 9 CHANGI Airport remains the global airport of choice. Readers of Business Traveller magazine both the Asia-Pacific and UK editions picked Changi as the best airport in the world and the one with the best duty-free shopping. Changi has won the Asia-Pacific edition readers' vote82 words
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65 2004-09-25 9 PARAGON will launch a children-focused retail concept at Level 5 of the shopping mall in November. There will be 16 niche outlets spread over 15,000 square feet of space offering food, fashion and furnishing, among others. Tenants include kids fashion stores such as Guess65 words
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87 2004-09-25 9 THE Building and Construction Authority (BCA) hf launched a new accreditation scheme for waterproofing specialist contractors in a bid to raise the standards for waterproofing in the industry. Speaking at the second BCA-Redas Quality Seminar yesterday, BCA deputy chairman Chia Ngiang Hong said that87 words
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347 2004-09-25 9 CHUANG PECK MING - Training led to higher productivity and profits: firms By CHUANG PECK MING MORE employers are sending their workers for training, but they are spending less on each worker, according to the Ministry of Manpower. Close to seven out of 10 employers347 words
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334 2004-09-25 9 CHEN HUIFEN - By CHEN HUIFEN SINGAPORE looks on track to achieving its goal of hitting $8.7 billion in tourism receipts this year, having surpassed the target for the first eight months, according to the Singapore Tourism Board. An estimated $6.4 billion in tourism receipts334 words
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217 2004-09-25 9 NANDE KHIN - By NANDE KHIN THE computer games industry got a shot in the arm yesterday with the launch of a new initiative by the Economic Development Board. Called the Games Creation Community, it aims to bring together game developers, publishers, middleware tools providers, console217 words
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Page 9 Advertisements
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Advertisement1200 2004-09-25 9 Notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF PRIMA UNES PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of Ihe minutes at the Extraordinary General Meeting of members of Prima Lines Private Limited, convened and held at 20 Cecil Street, #12-02/03 Equity Plaza, Singapore1,200 words
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Advertisement663 2004-09-25 9 IN THE MATTER OF THE THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF PV-ENVIROASIA PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At on Extraordinary General Meeting of the Members of PV-E nviroasia Pte Ltd duly convened and held at Equity Plaza 20 Cecil Street #12-02/03 Singapore *****5 on Friday,663 words
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ECONOMY WATCH
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Article, Illustration834 2004-09-25 10 SURESH MENON - EU may open bilateral trade talks once the new trade commissioner takes over By SURESH MENON [SINGAPORE] Europe could signal as early as this year that bilateral free trade agreements are no longer taboo, and Singapore could be a beneficiary ofBLOOMBERG NEWS - 834 words
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628 2004-09-25 10 Bloomberg [NEW YORK] Crude oil in New York may rise to US$5O a barrel next week as US refineries increase purchases to refill inventories that are close to a 29year low, according to a Bloomberg News survey of traders andBloomberg - 628 words
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479 2004-09-25 10 AP Bloomberg [WASHINGTON] Orders to US factories for big-ticket goods dropped in August, largely weighed down by a sharp decline in demand for commercial airplanes. The Commerce Department yesterday reported that orders for durable goods costly manufactured products expected to last at leastAP; Bloomberg - 479 words
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Article160 2004-09-25 10 AFP [WASHINGTON] Federal Reserve officials acknowledged the need in coming quarters for a "significant" amount of rate hikes, according to a summary of the Aug 10 policymaking meeting released on Thursday. The minutes offer clues into the thinking of the Federal Open Market Committee,AFP - 160 words
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Page 10 Advertisements
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Advertisement30 2004-09-25 10 Lianhe Zaobao I Dusjnessman I I Phineas Tan I lis designer of I I world's first I I hybrid A| fli I I mM; I I ?Sf SSSBwI I mmm30 words
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Advertisement72 2004-09-25 10 •41 if DUO YUN XUAN ART AUCTIONEER'S Collection of Consignment for 2004 AUMTUMN AUCTION LOONG HUA ARTS CRAFTS PTE LTD CASH PURCHASE OF CHINESE PAINTINGS Date :24 Sep 2004 (Fri) to 27 Sep 2004 (Mon) Time :11am to 7pm Venue 290 Orchard Road #05-21 Paragon Tel 6736 3339, 9767 050972 words
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NETWORK SINGAPORE
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Article, Illustration1428 2004-09-25 11 TAN LAI YONG - LETTER FROM YUNNAN A trip to the bank and a jostle on a frosty China road move college lecturer TAN LAI YONG to reflect on change and the generations TAN LAI YONG ONE of the things I like about being in Yunnan is that there are hardlyREUTERS - 1,428 words
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Article2406 2004-09-25 11 VOl FTEC Resources .0.52 0.01 474 SfM Mi rOW) Furqan Bus Org. .0.35 -0.01 973 Gadang 1.61 0.13 8051 AftMReatty 1.52 -0.04 53 Gamuda S.10 -0.15 97 Abrit-— -0-54 un* 122 General Corp .0.52 unch 60 ACP Industries 135 unch 178 Genting 17.10 010 279 Advance2,406 words
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MALAYSIA
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Article, Illustration475 2004-09-25 12 EDDIE TOH - Underdogs surprise analysts to clinch seats, allegations of bribery abound By EDDIE TOH in Kuala Lumpur MALAYSIAN Prime Minister Abdullah Ahmad Badawi may have secured a strong national mandate and succeeded in barring Anwar Ibrahim from returning to the United Malays National Organisation (Umno),475 words
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217 2004-09-25 12 AFP [KUALA LUMPUR] Five Malaysian navy sailors have been hospitalised for bird flu tests after possibly coming into contact with diseased birds while patrolling the disputed Spratly islands, officials said yesterday. The sailors noticed that sparrows were dying in the area, directorAFP - 217 words
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Article7237 2004-09-25 12 Transaction date: Sep 24 52-Wk Td Lact Vol Day Last Quota GrOiv Mv GrYM Nat MCao law Coda Company Salo fOOO) High Law fciyar Solar Cw HI $3 25.5 5.5 5716 1st Software St 7.5 -0.5 1437 8 7.5 7.5 8 29 8 34.5 22 3148 8TelecomUS2c 27.57,237 words
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Article, Illustration510 2004-09-25 12 EDDIE TOH - By EDDIE TOH in Kuala Lumpur MALAYSIAN tycoon Syed Mokhtar AlBukhary is consolidating his holdings in the Port of Tanjung Pelepas (PTP), which has returned to the black and emerged as the biggest rival to Singapore's ports. He plans to do this510 words
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GREATER CHINA/INDIA
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Article, Illustration290 2004-09-25 13 Warning comes as Macau's gaming industry flourishes AFP [HONG KONG] Hong Kong's hotel supremo has warned of an upcoming jobs crisis as rich casinos in nearby boomtown Macau poach staff to fill vacancies in its mushrooming gaming industry. Headhunters from the tiny formerAFP - 290 words
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283 2004-09-25 13 AFP [NEW DEHLI] Japan's Suzuki Motor Corp and its Indian carmaking unit, Maruti, announced plans this week to invest over US$l.35 billion in India over five years to exploit its booming vehicle market. The plan to beef up car production capacity andAFP - 283 words
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NOTE BOOK
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136 2004-09-25 13 Bloomberg [MANILA] Manila Electric Co chairman Manuel Lopez said his family has no plans to sell its shares in the largest Philippine electricity retailer. The utility is run by the Lopez family. "We remain steadfast in our commitment to ensure that Manila Electric willBloomberg - 136 words
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Article68 2004-09-25 13 Bloomberg [KUALA LUMPUR] Cagamas Bhd, Malaysia's mortgage corporation, plans to raise as much as RMI.B billion (*****.2 million) in the nation's first sale of mortgage-backed bonds on Oct 20. The sale will consist of three, five, seven and 10-year maturities, said Hijah ArifakhBloomberg - 68 words
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70 2004-09-25 13 Reuters [NEW DELHI! The Indian government expects to implement value-added tax (VAT), one of its most ambitious tax reforms in half a century, across the country by April 1 next year, the finance minister said on Thursday. "All is going well. We areReuters - 70 words
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73 2004-09-25 13 Bloomberg [BANGKOK] Thai Oil pel, Thailand's biggest oil refiner, plans to raise as much as 28.8 billion baht (Ssl .2 billion) next month in the nation's second-largest IPO. Thai Oil and its creditors plan to offer a total 0f900.1 million shares atBloomberg - 73 words
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Article4064 2004-09-25 13 Transaction date: Sep 24 STRAITS TIMES INDEX STOCKS Stock mhw wt doM Chang* Stock mm Wt Oom Chang* Stock mum Wt Oom Chang* Aligreen 50c 0.32 1.130 -0.010 HKLandUSIOc 2.72 2.010 -0.040 STEngglOc 1.66 2.120 -0.020 BILrntlUS20c 0.46 0.975 Haw Par Corp 0.49 5.050 STATS ChipPAC 25c 0.48 1.0604,064 words
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ASIA-PACIFIC/WORLD
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Article, Illustration528 2004-09-25 14 Wal-Mart's Waltons dominate Forbes list; Google chiefs make their debut [LONDON] The US economy's recovery may be a little shaky, but you wouldn't know it from looking at this year's Forbes 400 list of richest Americans, says The Guardian. For528 words
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WORLD WATCH
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115 2004-09-25 14 Reuters [MOSCOW] President Vladimir Putin yesterday gave his blessing for state energy firms to bid for oil major Yukos' assets if bailiffs put them up for sale to recover a huge back-tax bill. "The government is not seeking to nationalise Yukos,Reuters - 115 words
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124 2004-09-25 14 [BRUSSELS] The European Commission is set to clear the US$7.7 billion hostile takeover bid by Oracle for rival software group People Soft in a move that is likely to pave the way for the creation of a new US software giant,124 words
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118 2004-09-25 14 AP [LOS ANGELES] A consortium led by Sony Corp that includes cable television giant Comcast Corp has entered into a definitive agreement to acquire Metro-Goldyn-Mayer film studio, the parties said on Thursday. The Sony-led group will pay US$l2 per share for MGM andAP - 118 words
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87 2004-09-25 14 Bloomberg [NEW YORK] Computer Associates International former chairman Sanjay Kumar pleaded not guilty on Thursday to charges that he helped orchestrate a US$2.2 billion accounting fraud at the world's fifth-biggest software maker. Mr Kumar, 42, appeared before US District Judge LeoBloomberg - 87 words
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79 2004-09-25 14 Bloomberg [TOKYO] Japanese regulators are still considering criminal charges for UFJ Holdings after it sought to hide the extent of its bad loans from inspectors, said Heizo Takenaka, Minister for Financial Services. "We are still considering it," Mr Takenaka told a regular press conferenceBloomberg - 79 words
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Article, Illustration774 2004-09-25 14 CHRISTOPHER REED - LIGHT REED Drugs cost a fraction of US prices in Tijuana CHRISTOPHER REED TIJUANA, the sprawling Mexican town on the semi-desert border with southern California, has been catering to Americans' misdemeanours and sins long before Las Vegas was even a twinkle in a774 words
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156 2004-09-25 14 Reuters [NEW YORK] Top officials at Citigroup are being investigated by regulators for failing to adequately supervise analysts and investment bankers to prevent conflicts of interest during the 1990s tech boom, according to the Oct 4 issue of Business Week magazine. Citing a source closeReuters - 156 words
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Article3066 2004-09-25 14 Transaction date: Sep 24 HONG KONG Vol EganaGoWpfeil 1.38 0.05 5045 HW *000 EspntHofchngs 3980 .-i.jq 3885 Extrawell Pharm 0.20 unch 870 Aeon Credit 5.15 -0.05 40 FEPharmTecti 0.07 unch 0 Aeon Stores 7.25 -0.10 20 First Dragoncom Agro 0.06 unch 4556 Alpha General 030 unch 0 First3,066 words
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BEAUTY & WELLNESS
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Article, Illustration1015 2004-09-25 15 CHEAH UI-HOON - Why settle for what Nature has handed out? More and more people aren't, and are turning to cosmetic surgery to improve their looks. CHEAH UI-HOON finds out which procedures are popular CHEAH UI-HOON OOKING beautiful and in turn, feeling good because of that is within many1,015 words
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Article, Illustration1897 2004-09-25 15 Compiled from ivillage.co.uk, with additional comments from DRx Clinic's Dr SK Tan Botox injections How it works: Botox is recommended for lines around the eyes, between the eyebrows and on the forehead. An injection (right) of this botulinium toxin a much diluted form of1,897 words
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HEALTH
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Article, Illustration786 2004-09-25 16 This follows study showing the drugs' potential for increasing suicidal behaviour in teenagers NYT ML TOP Food and yr Drug Administration (FDA) of- flcial told the US k Congress on m Thursday that the agency was m likely to force drugmakersNYT; FILE PHOTO - 786 words
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419 2004-09-25 16 Reuters [LONDON] The safety of herbal medicines, which are widely used on the basis of scant scientific evidence, is to be investigated by a new panel of European experts. The Committee on Herbal Medicinal Products held its inaugural meeting in LondonReuters - 419 words
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Article693 2004-09-25 16 your health questions answered How are polyps formed? Normally, at what age do they start to form? Polyps are small, abnormal clumps of cells arising from the lining of the colon and rectum. No one knows exactly how polyps come about but certain factors increase the risk of getting693 words
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Article, Illustration295 2004-09-25 16 Reuters [WASHINGTON] Acupuncture, already shown to help ease the nausea patients often suffer after having surgery, may actually work better than drugs, US researchers reported on Wednesday. And patients were happier with the treatment, the team at Duke University Medical Center in North Carolina found. TheReuters; FILE PHOTO - 295 words
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Article, Illustration1510 2004-09-25 17 TEH SHI NING - The risk is serious but simple eye screening and early detection can make a big difference, TEH SHI NING finds out TEH SHI NING Diabetes is a major cause of irreversible blindness in the developed world. A disease of the better off, it affects 3ARTHUR LEE - 1,510 words
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Article, Illustration744 2004-09-25 17 TEH SHI NING - By TEH SHI NING CATARACTS, glaucoma and presbyopia are known to be eye problems that come with old age. Another eye disease affecting the retina of old people is age-related macular degeneration (AMD). In general, says Parkway Group Healthcare consultant ophthalmologist Adrian Koh, AMD affects peopleARTHUR LEE - 744 words
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Page 16 Advertisements
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Advertisement30 2004-09-25 16 If you have any health-related questions, I mifl i<Q|ni > way .min.sg, fac 6732*6733, or write to MRC, Parkway Group Healthcare Pte ltd, 302 Orchard Road, Tong Building #16-01/02/03, Singapore *****230 words
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Page 17 Advertisements
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Advertisement282 2004-09-25 17 "The International Healthcare I VVlth r /v A) u f\ *.w 'V..-..X M Every year, over 200,000 patients from I* Asia's premier fully integrated healthcare provider 150 countries come to Singapore for Lar9oSt regional network of private hospitals and healthcare services tertiary care. Over 60% of them are International Referral282 words
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SIGHT & SOUND
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Article, Illustration853 2004-09-25 18 THAM CHAIK KONG - If you have been using your audio system for karaoke, you're not doing your vocal performance justice. THAM CHAIK KONG explains THAM CHAIK KONG WHEN people listen to music, they use hi-fi systems. When they watch movies at home, they use sur-round-sound systems. However, have you ever noticedREUTERS - 853 words
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Page 18 Advertisements
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Advertisement83 2004-09-25 18 STAY COOL STAY CONNECTED Ik I" \wf iuv-.-V S&S/tjUt UH 5 A stylish mini-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 at $19.90 per month*, j To subscribe, call 6388 3838. It's the83 words
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MOTORING
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Article, Illustration1013 2004-09-25 19 SAMUEL EE - DRIVING STYLE EuroSports Auto MD Melvin Goh is inclined towards sports cars but it's more than the fact that he distributes Lamborghini, Lotus and Alfa Romeo cars. He shares his passion with SAMUEL EE SAMUEL EE MELVIN Goh says he was surrounded by cars evenARTHUR LEE - 1,013 words
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Article, Illustration726 2004-09-25 19 AFP [PARIS] The heavy-horsepower SUV bandwagon has taken on global proportions, judging from the Paris Motor Show opening on the weekend, at which all major auto manufacturers are unveiling their new all-wheel-drive version of beefy urban luxury. Sky-high oil prices and environmental concerns fromAFP; REUTERS; FILE PHOTOS OF BMW X3 AND PORSCHE CAYENNE - 726 words
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SHOPPING
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Article, Illustration902 2004-09-25 20 CORINNE KERK - A Russian scientific discovery about the regenerative benefits of a fish cell leads to the launch of the latest premium skincare brand on the market. CORINNE KERK reports CORINNE KERK QUIZ. What do you get when you combine fish, a Russian scientist and a female engineer withARTHUR LEE - 902 words
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Article, Illustration897 2004-09-25 20 CAT ONG - By CAT ONG EVERY cloud may have a silver lining, but Roberto Perlini's entire universe and fortune revolves around this precious metal. Founder of the largest silver accessories chain store in Asia, he now has 24 shops in Singapore, Malaysia and Indonesia. Celebrating 15 phenomenally successful years in897 words
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IN STORE
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Article, Illustration44 2004-09-25 20 WMADE of solid teak wood, the Blossom serving tray is ideal for elaborate dinner parties. Or it could simply be used to create some table-top accent, especially with its chequered fabric top. Available at Barang Barang, including Plaza Singapura, at $32.9044 words
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Article, Illustration53 2004-09-25 20 DESIGNED in Australia, these tough but gentle bath towels come in pretty embroidered motifs and assorted colours. Made of 100 per cent rnttnn thev LUILUiI, llivy are fluffy without being too heavy. You can get them for $19.90 each at Aussino, including Causeway Point, Junction 8, Plaza Singapura53 words
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Article, Illustration64 2004-09-25 20 OUT in the shelves next month: Nivea's answer for men with oily facial skin. Dermatologically tested to ensure wide skin compatibility, the Men Oil Control Face Wash comes in a gel form that promises to rid the skin of dirt and grime with its deep cleansing action. Priced64 words
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Article90 2004-09-25 20 MIKE CHUA - Compiled by MIKE CHUA Raffles City: Enjoy complimentary coffee/tea and FREE 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. Funan IT Mall: Calling all Wi-Fi users regardless90 words
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DESIGN
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Article, Illustration745 2004-09-25 21 Avant-garde architecture is the order of the day when major international fashion houses open their flagship stores in Japan's capital AFP MPfIMMi OKYO and other Japanese cities have given free rein in their everchanging urban landscapes to major international fashion houses to rival each other inAFP - 745 words
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Page 21 Advertisements
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Advertisement993 2004-09-25 21 wine&dine withweekendßT AIWO Food for Life Phoenix. A mouth-watering array of traditional and Oxford Hotel Singa Inn Seafood Restaurant 252 North Bridge Road, #02-20 Raffles City Shop- flavoured mooncakes are available from The Food Shop 218 Queen Street. Tel: *****119 920 East Coast Parkway. Tel: 6345-1111 ping Centre. Tel: 6336993 words
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Page 21 Miscellaneous
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Miscellaneous309 2004-09-25 21 CRYPTIC CROSSWORD Parade ground order to Ih--■H--5 Saddle with unwanted furniture 9 being less than perfect (8) 15 Admitted willingly to the receprejected a |H| ■h nothing to you and me (8) 26 Portuguese town where vice 25 I I I I I I~' 28 Monkey whose decline and Jjjßf309 words
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FOOD/TRAVEL
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Article, Illustration1315 2004-09-25 22 GEOFFREY EU - GEOFFREY EU ventures out of town for a closer look at two restaurants GEOFFREY EU IT is commonly accepted in culinary circles around the world that location, service and ambience are useful indicators when it comes to assessing the relative merits of a particular urbanARTHUR LEE (top), CHRIS LOH (above) - 1,315 words
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Article, Illustration1156 2004-09-25 22 ONE of the little-known pleasures of a road trip to Northern California wine country is a drive along the Trinity Road, a narrow, twisty and unspeakably picturesque mountain road deep in the heart of the wine region a world away from San Francisco some 70 kmPHOTOS BY GEOFFREY EU - 1,156 words
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