The Business Times, 3 May 2003

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Microfilm: NL25027
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    12 1 85c MITA (P) 024/03/2003 THE BUSINESS TIMES SINGAPORE MAY 3 4, 2003
    12 words
  • Article
    Lock icon Relocation game: India will win big
    958 1  -  Low-cost, high-tech Indian talent is making top US financial services firms drool. RAJU CHELLAM reports RAJU CHELLAM AMERICA'S love affair with India's IT industry has moved into a new chapter: financial services. US financial services firms plan to move 500,000 jobs about 8 per
    958 words
  • newsbreak
    • Article
      Lock icon US April jobless rate rises to 6%
      109 1 Bloomberg AP [WASHINGTON] The US jobless rate rose in April to tie an eight-year high of 6 per cent and the economy lost jobs for a third straight month, signs that businesses were not confident of improving sales after the Iraq war. Companies
      Bloomberg; AP  -  109 words
    • Article
      Lock icon UOB Q1 earnings down 11%
      51 1 [SINGAPORE] United Overseas Bank yesterday said first quarter net profits fell 11 per cent to $280.8 million mainly due to higher provisions and lower share of profit of associates. UOB kept a tight lid on expenses and its results exceeded analysts expectations. Full report, Pg
      51 words
  • Article, Illustration
    Lock icon Sars? Scare me if you can
    843 1  -  Saturday soapbox leon hadar THERE is a very popular Chinese restaurant in my neighbourhood in the Washington suburb of Chevy Chase, which attracts diners from the entire metropolitan area. If you've failed to make a reservation or give a big tip to the maitre
    843 words
  • Article, Illustration
    Lock icon Dotcom comeback?
    719 1 Some big survivors like eßay and Yahoo! have been regaining their lustre AP [SAN FRANCISCO] After years of ridicule and ruin, Internet stocks are seducing investors again. The handsome stockmarket gains posted so far this year by eßay, Yahoo!, Amazon.com and other Internet companies have sparked a debate
    AP; No. 5 — Dot .Com by Abu Jalal Sanmon, ART FOLIO  -  719 words
  • Page 1 Advertisements
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      179 1 HMmmiNG The Merc ClBO Kompressor. strong and safe. PAGE 14 DBSS real cash. Now that's a real reward. G2Q3HHI It pays to be with DBS. Just use your DBS ATM card or credit cards at any of our partner outlets islandwide and you'll earn DBSS (DBSSI retail SSI). Redeem your
      179 words
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      79 1 PURSUITS sports Nail-biting end to English Premier League season. PAGEI6 CORPORATE ANALYSIS The dividend dilemma. PAGE 4 ■H Free trade champion 'Sam# debate mill be good. Because it'll help highlight to the A merican public and business community what Singapore is all about.' American Chamber of Commerce chairman Kristine Paulson
      79 words
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      4 1 lIIIUII 8 "*****1 *****4
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  • newsfront
    • Article, Illustration
      Lock icon Making contact-tracing easier
      129 2 [SINGAPORE] More than 60 organisations and businesses have started collecting contact information from their patrons in "Contact Bowls", a scheme to make future contact-tracing exercises easier. Initiated by the National Trades Union Congress (NTUC), the bowls will initially be placed outside retail shops and hospitality premises for
      JOYCE FANG/ST  -  129 words
    • Article
      Lock icon S'pore on the way to keeping Sars in check, says PM Goh
      431 2  -  Government may further decentralise wholesale supplies of foodstuffs By. Anna Teo [SINGAPORE] Singapore is slowly getting on top of the Sars problem. Prime Minister Goh Chok Tong said last night, but warned that all it takes is "one
      431 words
    • Article, Illustration
      Lock icon S'pore housing, labour costs irk US firms here
      600 2  -  But it scores on infrastructure and incorruptible imagA in Gallup poll By\ Daniel Buenas [SINGAPORE) American businesses here see housing and labour costs as causes for concern, but give high marks to Singapore's incorruptible image, infrastructure, stable government and personal security, according
      Source: 2003  -  600 words
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      140 2 Since 1975 our worldwide staff of over 275 multi-disciplined professionals including lawyers, chartered accountants. WrfM *-J J chartered secretaries anc bankers have jf provided confioential and cost effective t f company formation in all tne major low tax areas including Th© WOrld S Incorporation Fees from USS500 i i- Full
      140 words
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      380 2 Call toll-free 1800 289 8822 1 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KENBO ENERGYTECHNIQUE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 (I) of the Companies Act, Cop. 50, thai a Finol Generol Meeting of the
      380 words
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  • the raffles conversation
    • Article, Illustration
      Lock icon Mission: Free Trade
      1713 3  -  kristiiH* I ;uils<»u. <'li;nriii;iii <»| tin* \m» ri<-;iu llilllllu-r of oiniiH'i rr m Siim';ipo|v. I- ;i|| for m'\\ inLi up ;i <'ojiipn*||i'iisj\ c I S-Siim'iipoiv FT.\. And >ln*\ juM tin* ri-ilii prison in 11h• riiilit pl;n«* ;il 111<• riiilil tiim*. ;is VIKRAM KHANNA liihN <»ul VIKRAM KHANNA
      ARTHUR LEE  -  1,713 words
    • Article
      Lock icon WHAT THE US-SINGAPORE FTA WILL COVER
      390 3 The US-Singapore free trade agreement (FTA), expected to come into force by next year, is America's first FTA with an Asian country. Its highlights: Manufactured fooilf Slashed tariffs on manufactured goods and components Singapore commitment: zero tariffs for all imports upon entry into force
      390 words
    • Article
      Lock icon A big deal for American SMEs
      533 3 "LARGE companies don't need so much help," says Amcham chairman Kristin Paulson. And indeed, though big American MNCs like American Express. Exxon Mobil and United Parcel Service have publicly welcomed the Singapore-US FTA. interestingly, a number of America's small and medium enterprises (SMEs) engaged
      533 words
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      71 3 The Raffles Conversation is brought to you through a special arrangement with Raffles I 3 1 I I /~yp International Hotels and Resorts. The Traveller's I I I II Palm in the Raffles International logo is an apt symbol. Not only has water stored at the base of INTERNATIONAL this
      71 words
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  • news companies
    • Article, Illustration
      Lock icon The price of a generous dividend payout
      757 4  -  coiporate analysis Companies may be sacrificing long-term growth to please shareholders, says WONG WD KONG WONG WEI KONG TOO much of a good thing can be bad. Even dividends. With earnings looking bleak and market sentiment bearish, companies are dan* gling generous dividends
      757 words
    • Article
      Lock icon Telemedia sticks to solo bid for Global Crossing
      337 4 Reuters TELECOM group Singapore Technologies Telemedia Pte Ltd yesterday ruled out obtaining new partners, including IDT Corp, in its bid for bankrupt US telecoms firm Global Crossing Ltd. The American telephone company IDT had said it would consider partnering state-owned ST Telemedia
      Reuters  -  337 words
    • Article
      Lock icon MARKETS
      70 4 STI 1*299.22 (+17.89) ST INDEX FUTURES 1*291.00 (+32.00) SIMSCI FUTURES 157.20 (+2.70) Friday Chanflp KLSKHtMP ***** 3.11 SIKKKI 225 7JU7.lt *43.90 HANGSKNU WW. 18 «90il6 SET INDEX J75.24 __—*0 61 JAKARTA (X)!HP -447.K2 MANILA (1>MP —ftiwd TAIPEI WPI 4.1 #7.82 *3975 SHMXOOMP 597-44 131 SHENZHEN B rtard Al ST
      70 words
    • Article
      Lock icon FINANCE |
      74 4 FINANCE FOREX RATES us$ ss IS$ (SS per I SS) 1.770 £(l'S$/SS per Si) I 609 2.848 Fl'R()(l'S$/S$/K| 1.121 I.9H4 YEN 11HJ 67.20 KM .1 WW 1147 HKS 7 799 4.4417 BAHT 42.HU 24.18 Kl PIAH K.6W 4.891 RKNMINBI H.299 4689 INDIAN R1PEK 4736 2676 PRIME RATES SINGAPORE* 515 MALA
      74 words
    • Article
      Lock icon UOB profit slips 11.2% in Q1 to $281m
      474 4  -  Results were better than analysts' expectations By Siow Li Sen REPORTING quarterly results for the first time yesterday, United Overseas Bank turned in figures that were reassuringly predictable given the tough operating environment, analysts said. Singapore's second-larg-est listed company by market capitalisation
      474 words
    • Article, Illustration
      Lock icon Shock and awe in the penny segment
      639 4  -  market review r sivanithy THE Bush administration used "shock and awe" to describe one aspect of its military strategy in Iraq. The phrase applies equally well to trading in the penny segment of the local stock market this week, where some counters doubled,
      639 words
    • corporate roundup
      • Article
        Lock icon Hong Leong's lowest home loan deal
        100 5 IT just gets lower by the weeks. Kwek Leng Beng's Hong Leong Finance (HLF) now offers a home loan package for sister company City Developments' The Pier@ Robertson which is pegged at a low interest rate of 1.25 per cent for the first year.
        100 words
      • Article
        Lock icon SPH not In talks to sell M1 stake
        106 5 SINGAPORE Press Holdings is not engaged in talks to sell its remaining stake in MobileOne. "We wish to confirm that Singapore Press Holdings Limited is not currently engaged in any discussions with any party to divest our 14.16 per cent stake in
        106 words
      • Article
        Lock icon Embattled Leong Hin bounces back
        99 5 LEONG Hin Holdings investors, who left in a mass exodus last week, are returning in throngs after broking houses lifted trading curbs earlier this week. Main-board-listed Leong Hin closed 6.5 cents up on an astonishing volume of 120.5 million shares yesterday to end at 24
        99 words
      • Article
        Lock icon Excel JM bearing to continue
        65 5 EXCEL Machine Tools said in a status update on the joint petition for judicial management order that it was part heard before the High Court of Singapore yesterday. The continuation of the hearing has been adjourned to a date to be fixed by the court
        65 words
      • Article
        Lock icon Reed rewrites stare placement deal
        84 5 HEALTH information provider Reed Group Holdings yesterday terminated an agreement entered into with Ismail Hirawan, Lim Slew Hooi and Ung Hooi Leng on April 25 to place out 21 million new ordinary shares at five cents each. The agreement has been replaced with a new
        84 words
    • Article, Illustration
      Lock icon Go long on bonds in slump: DBS
      677 5  -  It also advises investors to look for foreign exchange yields and focus on growth stocks in global markets By Michelle Quah THE name is Bonds, Long Bonds. Or rather, that is the investment strategy which DBS is proposing, as the equity market remains
      AFP  -  677 words
    • Article
      Lock icon Dairy Farm bags Tops chain in M'sia
      360 5  -  By\ Michelle Quah SINGAPORE-LISTED retailer Dairy Farm International Holdings is expanding its reach and presence in the supermarket world by acquiring a chain of 34 Tops supermarkets in Malaysia from Dutch retailer Royal Ahold for an undisclosed sum. The move marks Royal Ahold's
      360 words
    • Article
      Lock icon SIA: Cabin crew unpaid leave could save $14m
      195 5 SINGAPORE Airlines could save up to $14 million for the financial year ending next March if its no pay leave scheme for cabin crew is taken for the rest of the reporting period. But until negotiations are completed, the total savings cannot
      195 words
  • Page 4 Advertisements
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      841 4 Design STUDIO Design Studio Furniture Manufacturer Ltd (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of DESIGN STUDIO FURNITURE MANUFACTURER LTD (the "Company") will be held at the Registered Office, No. 8 Sungei Kadut Crescent, Singapore *****2 on Wednesday, 14 May 2003 at
      841 words
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      442 5 Notices IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 AND IN THE MATTER OF KMT EIGHT POWER ASIA PTE LID (In Members' Voluntary Liquidation) NOTICE OF THE FINAL MEETMG NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap. 50 that the Final Meeting of the
      442 words
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      467 5 IN THE MATTKR OF THK COMPANIES ACT CAP 50 AND IN THE MATTER OF POH SENG HOUSING DEVELOPERS <rTE) LTD NOTICE OE RESOLUTIONS FOR MEMBERS' VOI .UNTARY WINDING-UP (Pursuant to Section 290) Al the Extraordinary General Meeting of the members of the above-named Company, duly convened and held al 87
      467 words
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      1045 5 9vß u ;n>iaam> I (Incorporated In The Republic of Singapore with limned kab*ty) NOTICE IS HEREBY GIVEN that the Annual General Meeting of SMB UNITED LIMITED ("the Company') will be held at 9 Senoko Drive, Singapore *****7 on Tuesday, 20 May 2003 at 10.00 a.m. for the following purposes: AS
      1,045 words
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      Lock icon Page 5 Advertisements Column 4
      641 5 r EASTERN ASIA TECHNOLOGY LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at the Fullerton Hotel. Inland Revenue Room, Lower Lobby, 1 Fullerton Square, Singapore *****8 on 20 May 2003 at
      641 words
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  • money property
    • Article, Illustration
      Lock icon Time to buy a new home?
      1148 6  -  Consultants reckon low prices, coupled with cheap financing and a low downpayment, make a case for upgrading, reports KALPANA RASHIWALA KALPANA RASHIWALA WITH the current quiet property market, is it a good time to switch to a new home? Consultants say that the answer
      FILE PHOTO  -  1,148 words
  • Article
    Lock icon KLSE
    5 6 Transaction date: May 2
    5 words
  • Article, Illustration
    Lock icon FINANCE
    588 6 Transaction date: May 2 MTERBAMKCPRRElfCT RATES Against SS US$ Afrttst S$ AMtest USS CiTtwcto Bid Offf BM Offf CfT—cfcs Bkl Offf BM Offer StVSS to 100 SS/USS to one tmii of ktreign currency unit* of foreign nnul 2IM 22.69 12.8217 12.122 MM* Rape* 3.74 3.74 2.TTM 2.TTI Eur0 IWU
    588 words
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  • money personal investment
    • Article
      Lock icon Build flexibility into financial plans
      671 7 I STARTED working 22 years ago, and have been married for 10 years. These were the results of the application of financial planning principles. I raised my savings account balance to meet six months' worth of family expenditure and outstanding tax liabilities. The insurance policies
      671 words
    • Article, Illustration
      Lock icon Figuring out the odds
      1242 7  -  show me the money Learn the various measures of risk and how to calculate the potential gains or losses teh hooi ling THE questions of how risk is measured, how it is rewarded, and how much risk to take on are fundamental to every investment decision.
      1,242 words
    • Article
      Lock icon One-year top losers portfolio stays ahead
      946 7  -  By Teh Hooi Ling WHEN we formed the five portfolios three months ago, we said that the screening of stocks is done at the beginning of the month and the holding period for each stock is three months. Now that we are going into
      946 words
  • Page 7 Advertisements
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  • money personal finance
    • Article, Illustration
      Lock icon Beware marketing hype in fund sales
      950 8  -  Leam to ask some questions when you are told about fixed payout' and 'guaranteed interest' genevieve cua WHILE doing the groundwork on the new crop of capital secured funds a week ago, I strolled into a big bank to pick up some brochures. A
      950 words
    • Article
      Lock icon Can wife be made to pay man's debts?
      675 8 DO you have a question on any personal finance issue? Here's one from a reader on the implications of not being able to service credit card and other debts. Question: My uncle used some credit lines and credit cards to make purchases.
      675 words
  • Article
    Lock icon STOCKS ASIA
    6 8 Transaction date: May 1
    6 words
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  • news at home
    • Article, Illustration
      Lock icon Polls find firms bracing for sluggish time till Sept
      365 9  -  DOS and EDB surveys cite Sars as major contributing factor By) David Boey SOME firms are bracing for a sluggish spell until September, but most reckon things will not be much different from the first quarter of the year, according to
      AFP  -  365 words
    • Article
      Lock icon SingTel to enter data hosting business in US
      564 9  -  From] David Welcher in Las Vegas SINGAPORE Telecom is about to enter the data hosting business in the United States, and will soon be announcing the selection of a major US-based managed hosting and IT services organisation as a US channel partner,
      564 words
    • inbrief
      • Article
        Lock icon Sars delays S'pore-Seoul FTA
        123 9 AFP [SEOUL] The spread of severe acute respiratory syndrome is having an impact on free trade agreement (FTA) talks between South Korea and Singapore, the Ministry of Finance and Economy (MOFE) said yesterday. The ministry said detailed negotiations planned for this month in Singapore were pushed
        AFP  -  123 words
      • Article
        Lock icon BuzzCity's Sars service
        91 9 MOBILE services provider Buzz City yesterday launched the Sars Temperature Aggregation Registry, a free ser- vice that provides organisations a way to centrally monitor their staffs Sarshealth. The service allows individuals to submit temperature readings via SMS or online to a pre-registered account. It also allows Sars
        91 words
      • Article
        Lock icon Review of land titles act
        66 9 THE Association of Management Corporations in Singapore said yesterday it will organise a series of public forums starting late this month to review the Land Titles (Strata) Act, Chapter 158 (LTSA). The LTSA, enacted in 1967, legislates private property owners in the management of their
        66 words
    • Article
      Lock icon Japanese lab to set up $3m S'pore unit
      305 9  -  Byl Amit Roy Choudhury JAPAN'S Communications Research Laboratory (CRL) will invest S3 million by 2004 to set up a Wireless Communications Laboratory (WCL) in Singapore. CRL, which promotes radio and photonics-based in-fo-communications R&D, will set up the lab at Singapore Science Park
      305 words
    • Article
      Lock icon SK Global seeks court protection in S'pore
      367 9 Bloomberg SK Global Co, the trading arm of South Korea's fourth-largest industrial group, applied to Singapore's High Court for a court-appointed manager in a bid to protect itself from a creditor that wants the company wound up. The hearing to consider the winding
      Bloomberg  -  367 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      83 9 COURAGE FUND TO DONATE BY CHEQUE: A crossed cheque made out to 'The Courage Fund' should be sent to The Courage Fund, c/o National Healthcare Group, 6, Commonwealth Lane, Level 6, GMTI Building, Singapore *****7 TO DONATE BY PHONE: From May 1, members of the public can donate to the
      83 words
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      Lock icon Page 9 Advertisements Column 2
      1596 9 SeESpHi sa?® 4 Von nranihss? Indoor Air Quolty Ftters j&tik' fgru ?JBys UVC GermtaWe System Surgical Face Mask nwr**** 1 wMmldmttif! Proprietary Electrostatic idleWtm antt-bactortal prow e Acttvoted-CartDon Fitter for at»ort>ing odours In order to minimize the risk of spreodlng airborne Infection. CARRIER provides trained Air-Con s 0m I Technicians
      1,596 words
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  • news executive jobs |
    • Article, Illustration
      Lock icon See yourself as the next Richard Branson?
      781 10  -  KENNETH LIM susses out a programme to help you take that first step to being your own boss KENNETH LIM THE Self-Employment Training (SET) programme has a simple message for unemployed professionals and executives: If you can't find a job, create one. Managed
      AP  -  781 words
    • Article, Illustration
      Lock icon Executives, managers wanted in emerging markets: headhunter
      508 10  -  eye on the economy I By* Anna Teo THERE may be fewer openings for them here, but demand for executives and managers in emerging markets like China, Vietnam and India has grown unabated in recent months, according to a headhunting firm. Half of
      Source: El Consult  -  508 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      112 10 Success comes to those who never give up. s ■yi "t •:>Jk iiypi! I >- --v f ~v I K* v V > W T,:' yt'cf C y/ To date, 3 out of 4 retrenched workers have found "'Stf' -U. J a Hj jobs because they didn't stop trying, instead,
      112 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Lock icon Page 10 Miscellaneous Column 1
      289 10 CRYPTIC CROSSWORD ACROSS P p P I P J P 1 A number a van 4 strive to encompass feed BM BBi LhJ hm 10 fcl^d' Capital! (6) 5 Prevents from flying, giving jjj 11 The floor is of in sonal ~[H|~ bH 12 Ckxisaence-sicken, so tear entrapped by afaice^(9)
      289 words
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  • news region/world
    • Article, Illustration
      Lock icon Abdullah wants agro-based SMIs to take up slack
      584 11  -  March electronics exports down for 4th straight month From'. Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S deputy prime minister yesterday emphasised the development of ag-riculture-based small and medium industries as a new growth driver for the economy, even as March export figures
      584 words
    • Article
      Lock icon M'sia wants more bank mergers
      259 11 But govt also sees room for smaller niche players Bloomberg [KUALA LUMPUR] Malaysia wants more banks to combine into large ones that can compete more effectively, while leaving room for smaller lenders to focus on niche areas, Acting Prime Minister Abdullah Ahmad Badawi said. "The
      Bloomberg  -  259 words
    • Article
      Lock icon M'sia deals push Citigroup to No 2 slot on Asian takeovers
      306 11 Bloomberg [KUALA LUMPUR] Citigroup, the No 1 financial services group, knocked Credit Suisse First Boston from second-ranked takeover adviser in Asia outside Japan after it closed two bil-lion-dollar deals for Malaysian clients in a week. Citigroup advised Malaysia International
      Bloomberg  -  306 words
    • Article, Illustration
      Lock icon China key to stopping Sars: WHO
      637 12 SARSOUTBREAK But Beijing health officials see no quick end to outbreak, despite its apparent peaking AFP Reuters AP Bloomberg [HONG KONG] As the World Health Organisation (WHO) said yesterday that the key to halting the spread of Sars lay with China, senior Beijing health
      AFP; Reuters; AP; Bloomberg  -  637 words
    • Article
      Lock icon Former Akai chief arrested in HK: report
      233 12 AFP [HONG KONG] A tycoon who disappeared more than two years ago after presiding over Hong Kong's biggest corporate collapse has been arrested on his return from Macau, it was reported yesterday. James Henry Ting, former Akai Holdings chairman, was arrested on Wednesday
      AFP  -  233 words
    • Article
      Lock icon Kerry Prop buyout offer raised 12% to HK$3.6b
      287 12 Bloomberg (HONG KONG] Malaysian tycoon Robert Kuok increased a buyout offer for Kerry Properties Ltd by 12 per cent to HK$3.6 billion (*****.8 million), after shareholders said an earlier offer for the luxury home developer was too low. Mr Kuok's closely held
      Bloomberg  -  287 words
    • inbrief
      • Article
        Lock icon India 10 restore ties with Pakistan
        76 12 Bloomberg [NEW DELHI] India will restore fUll diplomatic ties with Pakistan for the first time since December 2001 and resume civil aviation links, following moves by the leaders of both countries to ease tensions between the nuclear-armed neighbours. "It has been decided to appoint
        Bloomberg  -  76 words
      • Article
        Lock icon Air India pilots end San flying ban
        92 12 Bloomberg [MUMBAI] Pilots of Air India Ltd, the country's biggest overseas carrier, ended their 12-day ban on flying with crew who have visited countries affected by a deadly virus after the airline advertised for pilots and stopped recognition of their union. Half of
        Bloomberg  -  92 words
      • Article
        Lock icon Taipei nod for NT$58b stimulus plan
        66 12 Reuters [TAIPEI] Taiwan's parliament approved a NTSSB.4 billion (552.97 billion) economic stimulus package yesterday, up from a drafted NT$5O billion, mainly to fund public construction projects. The bill follows a NTS2O billion jobs package passed in January, and completes a NT$7O billion stimulus plan
        Reuters  -  66 words
  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      716 11 .COM4 HB NIPPECRAFT JEM LIMITED (incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING To All Shareholders NOTICE IS HEREBY GIVEN that an Annual General Meeting of the Company will be held at Hotel Inter-Continental, 80 Middle Road, Singapore *****6 on Wednesday, 28th May 2003, at 10.00 am
      716 words
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      Lock icon Page 11 Advertisements Column 2
      1809 11 BERGER INTERNATIONAL NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of the shareholders of the Company will be held on Tuesday, 27 May 2003 at 10.30 a.m. at 22 Benoi Sector Singapore *****4, to transact the following business:As Ordinary Business 1. To receive and adopt the Directors' Report
      1,809 words
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  • Page 12 Advertisements
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      29 12 VHP 5/iJji<iiaMMM»mfej« proud to support this project Bfe Mi I ™r^T Jfitm M mm I iwllHP i SSBP" sS J k Hcee^ 1 v .JHII -1 L i M|l'Hi
      29 words
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      Lock icon Page 12 Advertisements Column 2
      69 12 COMMERCIAL AM/FM RADIO STATION Regional Country with Excellent Demographics Complete with outside broadcast facility, this 70 year old fully managed and community focussed broadcaster with up to the minute equipment currently has an exclusive access to 76% of the listening audience. Substantial shareholding available to the "appropriate" partner. For further
      69 words
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  • news world
    • Article
      Lock icon Card firms' deal with retailers to benefit consumers
      486 13 Visa, MasterCard will be forced to act more competitively, say analysts NYT [NEW YORK] The unexpected deals that Visa USA and MasterCard International made this week to settle a lawsuit over their fees are likely to restyle the robust market for debit
      NYT  -  486 words
    • Article
      Lock icon SEC tells off Morgan Stanley chief
      339 13 He's warned that denying charges violates terms off Wall St settlement Bloomberg [WASHINGTON] Securities and Exchange Commission chairman William Donaldson warned Morgan Stanley chief executive officer Philip Purcell that denying charges in the US$l.4 billion Wall Street settlement would violate its terms. Mr Donaldson
      Bloomberg  -  339 words
    • Article
      Lock icon Buffett bought US$889m of Tyco bonds
      220 13 Bloomberg (WASHINGTON) Billion aire Warren BufTett's Berkshire Hathaway Inc bought almost US$9OO million of Tyco International Ltd bonds last year when the conglomerate's former two top executives were charged with looting the company. Mr Buffett, the world's second-richest man, spent US$6lO million on Tyco
      Bloomberg  -  220 words
    • inbrief
      • Article, Illustration
        Lock icon Bush proclaims victory
        114 13 LAT-WP [ABOARD THE USS ABRAHAM LINCOLN] US President George W Bush (above) proclaimed victory in Iraq on Thursday night from aboard a US aircraft carrier returning to homeport, but he cautioned that much remains to be done to Iraq and in the broader war against terrorism. "Major
        LAT-WP  -  114 words
      • Article
        Lock icon Osama alive?
        99 13 AFP [ISLAMABAD] Pakistani President Pervez Musharraf said on Thursday there were some indications that terrorist mastermind Osama bin Laden was alive, though his whereabouts remain shrouded in mystery. "Some indications are there that he is not dead but where is he? Nothing can be said about that," he
        AFP  -  99 words
      • Article
        Lock icon Disney Q2 profit falls
        84 13 Bloomberg [BURBANK, California] Walt Disney Co, the world's third-largest media company, said fiscal secondquarter profit fell 12 per cent as the Iraq war caused television programming costs to rise and profit at its parks unit to fall. Net income dropped to US$229 million, or 11 US
        Bloomberg  -  84 words
      • Article
        Lock icon Media rules face revision
        89 13 Reuters [WASHINGTON] Federal Communications Commission chairman Michael Powell said on Thursday he expects the agency to adopt a rule that will count the number of television stations in a market before allowing a company to buy additional media outlets there. At present, a company is barred
        Reuters  -  89 words
      • Article
        Lock icon IBM breakthrough
        109 13 Reuters [NEW YORK] International Business Machines Corp said on Thursday it used microscopic carbon molecules to emit light a breakthrough some scientists say might one day make faster and smaller computers. In the quest for ever-smaller computing devices, researchers are seeking to replace silicon as the foundation for
        Reuters  -  109 words
      • Article
        Lock icon Heineken to buy BBAG
        66 13 Reuters [LONDON] Dutch brewer Heineken has agreed to take over Austrian brewer BBAG in a deal worth over 2 billion euros (Ss4 billion), including debt, a source said on Thursday. The source said core shareholders controlling two thirds of the BBAG group had agreed to the
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        Lock icon Boeing in air force deal
        117 13 Reuters [WASHINGTON] Boeing Co said on Thursday its plan to lease 100 767 commercial jets to the US Air Force as refuelling tankers could generate as much as US$2.B billon in support revenues over the projected life of the proposed US$l7 billion lease. John Sams,
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      Lock icon US factory orders rise 2.2% in March
      363 13 LATEST US DATA Reuters. Bloomberg (WASHINGTON] New orders for US manufactured goods rose by a larg-er-than-expected 2.2 per cent in March, their best showing since July 2002, the government said in a report yesterday. Orders for durable goods, items meant to last three
      Reuters.; Bloomberg  -  363 words
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      1720 13 EAIVECN EASTERN ASIA TECHNOLOGY LIMITED (Incorporated in the Republic of S ngapore) NOTICE S HEREBY G VEN that the Fifth Annua Genera Meet ng of the Company will be held at Inland Revenue Room. Lower Lobby, The FuMerton Hotel. IFu erton Square. Singapore *****8 on Tuesday. May 20, 2003 at
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  • style motoring
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      Lock icon shooting star
      767 14  -  The Mercedes-Benz ClBO Kompressor's prodigious performance belies its puny engine, says CHRISTOPHER TAN CHRISTOPHER TAN THESE days, fun has become the most overused buzzword for cars. Every new product video, every slick multi-media presentation and practically every ad and marketing campaign for cars revolves around the three-letter word.
      767 words
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      Lock icon Six addiction
      526 14  -  By Christopher Tan WHEN I first drove the Mazda 6 in June last year, it didn't strike me as a credible newcomer to the sports executive sedan segment a category which Mazda says the car is targeted at, and which several Western motoring journos believe it has arrived
      526 words
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      Lock icon Five High
      727 14  -  Christopher Tan looks at BMWs quintessential 5-series, with a glimpse at model replacement due soon Christopher Tan THE 5-series never attained cult status the way quirky models such as the Beetle or the Mini did. Instead of being an icon for the masses, BMW's mid-ranger commanded a quiet
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        Lock icon Information drive
        96 14 BMW has launched the world's first in-car communications centre with online access. Acting like a newspaper, directory, personal assistant and virtual co-driver all rolled into one, the new feature means drivers and passengers of the 7-series can stay in touch whenever and wherever they go in the UK
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        Lock icon Wireless connections
        54 14 Wireless connections IF you don't already know, BMW and Mini agent Performance Motors has two showrooms Alexandra Road and Kampong Arang enabled with wireless Net access. Customers can use their laptops without being hindered by wires and cables. Customers can also access the Internet through provided PC stations,
        54 words
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        Lock icon A wheel pick-me-up
        77 14 FOR those who have often wished for a Dodge Viper that can carry bales of peat moss or a small cow, the DaimlerChrysler division has just the ticket: a pick-up truck with the Viper's 8.3-litre 10-cylinder engine. The limited-production, 500-horse power Dodge Ram SRT-10 is scheduled to
        DAIMLER CHRYSLER  -  77 words
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        Lock icon Leaving competitors in its trail
        85 14  -  Compiled by CHRISTOPHER TAN VOLKSWAGEN'S muscular Touareg has been voted best in its class by America's Car and Driver magazine. The V 8 version of the car topped this year's "5 Best Trucks" poll conducted by the US' top-selling car magazine. In all, the survey
        85 words
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      762 14 8 SEE HUP SENG LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 81 Tuas South Street 5, Singapore *****1 on 27 May 2003 at 10.00 am for the following purposes: AS ORDINARY BUSINESS 1. To receive
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  • style food
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      1168 15  -  Nothing beats immersing yourself in the country of origin to learn about its cuisine. JAIME EE finds out JAIME EE Recent events may have seen you heading into the kitchen, sharpening your culinary skills while hesitant family members sit at the table and wonder which is worse your
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      Lock icon Give your tastebuds a treat at Madison
      350 15  -  By, Jaime Ee IF you're taking a break from cooking lessons in the Thai capital, enjoy eating in the swish surroundings of Madison the award-win-ning chi-chi eatery in the Regent Bangkok. A favourite among the city's wellheeled and well-connected, Madison scores points for
      350 words
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      1268 15 wine&dine with weekendßT A+WME Pto Ltd Bnfckara sum, spicy pandan chicken, yam cake, chocolates and I Rm| Mahal Hitachi Tower, #01-17. Tel/fax: *****397 3C River Valley Road, #01-40, Clarke Quay. nxxe for $15+++. Menu is rotated daily and promotion is Pan Pacific Hotel, Level 3, 7Raffles Boulevard, Enjoy a selection
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  • style sports
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      Lock icon Nail-biting end to premiership season
      968 16  -  The magic of the EPL is that it's still able to hold the world in suspense, reports GODFREY ROBERT GODFREY ROBERT AFTER years of premature predictability, the 2002-03 English Premiership soccer season is probably heading for its best-ever finish. And there is a titanic tussle
      REUTERS  -  968 words
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      Lock icon The pounds and pence of English soccer
      609 16  -  frankly speaking walton morais WHAT has the world of soccer come to these days? Liverpool legend Bill Shankly once said, only half in jest: "Football is not about life and death. It's more than that." For West Ham United manager Glenn Roeder, that
      609 words
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    Lock icon SGX
    733 16 Transaction date: May 2 TURNOVER VALUE fOOO) ttris Hate 4 tm^ Mufti md 3M00 38,800 X.365 *.365 Manufacturg 1 180.458 33,569 214.027 120.020 4.954 124.973 Cotwrwra 86.065 10.656 96,721 23.675 1.895 25.570 TpW5tof/Com 33,300 453 33.753 71.217 (1 71.298 Finina 21.277 21.277 109.849 109.849 Conrtnjction 153.958 2J48 15*206 *****7
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    Lock icon BONDS & WARRANTS
    572 16 BONDS WARRANTS Expiry Last Vol Caw Eur Mac Cm> IMh Lai M Caw Um Mac Omm iMka Caapaqr Ml or- PW Hh» hp U» Cww M» *m- P—> Ma tag UW PTBfc BN»nTO%*****5S AST1W*****1 175 1 16 175 0 69 13 Andes WDS0620 Si -0.5 110 1 20 21 3*2
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    Lock icon SGX SESDAQ
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    Lock icon GLOB INTERNATIONAL
    175 16 u-wk UK Wai Out LaMQaat* GrtM> Mo GrTW MM MCa Lam Owp—y Ut» *4- ni U» If M» CV W M 123 81 AVJcnrwngt A25< A121 *4 383 123 120 120 121 40 3.4 8.3 7.1 2M4 Cathay Pac 20c HK720 265 21 74 6 *****J HK1780 240
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  • style consumer alert
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      Lock icon breathe easy
      667 17  -  KENNETH LIM sifts out cleaning contraptions that can help get rid of dust dirt and nasty germs in the environment KENNETH LIM A BOWL of laksa in the microwave is stinking out the office and yesterday's farewell pizza is still around. You hear that Sars isn't airborne, but
      PHOTO BY ARTHUR LEE  -  667 words
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    6 17 Transaction date: May 2
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  • style shopping
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      Lock icon animal instinct
      755 18  -  Singapore jeweller Cupid Jewels brings its bold, chunky "Wildlife" designs to its newly rebranded retail stores. CORINNE KERK reports CORINNE KERK THE pieces in Cupid Jewels' Wildlife Collection are huge. Mammoth. And extrava-gant-looking to the point of being ostentatious. But despite their impressive size, the collection of rings
      755 words
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      Lock icon Omega sample watches stolen
      299 18  -  By C Corinne Kerk like something out ot Mission impossible, swiss watcnmaxer, umega, has had a sample collection of its watches stolen in Paris. According to a press release issued on May Day, the collection was to be displayed at the Omega flagship store in Paris
      299 words
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      Lock icon Osim plays musical chairs
      551 18  -  CORINNE KERK tries out the new iSymphonic chair CORINNE KERK IT had to happen. The world's first chair that massages in synchrony with your choice of music. A strange invention? Perhaps. But an intriguing one? Definitely. Whatever you think of massage chairs, Osim International's latest product
      551 words
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        Lock icon Heal yourself and help others
        110 18 Want to pamper yourself at home and contribute to a good cause at the same time? Then indulge in the healing Austrian moor skin and body care range from Moor Spa. Moor is helpful for relieving conditions including acne, sports injuries, arthritis, rheumatism, cellulite and
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        3 18
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        Lock icon Here is my handle, here is my spout
        72 18 Ever wondered what to serve when you have a creative lot coming for tea? Add a good blend of tea to this aesthetic porcelain tea set and you'll make their day. The II Litro teapot (0.8 litres), with a removable silicon sleeve
        72 words
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        Lock icon Cool your heels
        61 18 It's cool, literally. Beyond looking stylish, this pair of shoes actually directs air in to cool your feet. Like all of adidas' ClimaCool 2 Spring/Summer collection just released, the ladies running shoe comes with angled vents that optimise airflow and is an improvement over the earlier ClimaCool
        61 words
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      Lock icon talk shop
      323 18 Clark* Quay Dine for a good cause at Wang Jiang Lou Chinese Seafood Restaurant. For every Mother's day set menu ordered, the restaurant will contribute $100 to The Courage Fund for Sars. Also on offer: 10 persons from $268/++ per table onwards. (Other menus priced at $368/++, $468/++
      323 words
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    Lock icon BT SHARE INFORMATION SERVICE
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  • style health
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      Lock icon TRUE TO TYPE
      1336 19  -  It's true, body type does have a bearing on how you gain or lose weight or muscle. But don't despair. SEAMUS PHAN explains how specialised diet and fitness planning can help. SEAMUS PHAN helpyourself Whatever the body type, there is one important minor muscle group that men
      REUTERS PHOTO OF RON MUEK'S THE MASK AT THE SAATCHI GALLERY, LONDON  -  1,336 words
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      334 19  -  Compiled by Cheah Ui-Hoon Q: Is there any new discovery on treatment for psoriasis? When I get stressed, the patch gets larger and also appears on my other leg. Is there any other medication I can use apart from Daivonak and using polytar when I bathe? Is there a
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  • style pursuits
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      Lock icon no business like shoe business
      1179 20  -  As sports shoes cross the line between performance and fashion, shoe manufacturers are raking in the big bucks while consumers are lapping it all up. GEOFFREY EU finds out more. GEOFFREY EU AS a government lawyer, Wendy Yap is expected to be on her toes
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      1060 20  -  Going out or staying in this weekend? parvathi nayar rounds up recommendations PARVATHI NAYAR Cds The King is alive Elvis lives on in his daughter. For all her high-profile bizarre lifestyle choices, Lisa Marie has followed her father's footsteps. Her debut album To Whom It May Concern is a
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