The Business Times, 24 July 2004

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

Microfilm: NL25637
Total Pages: 18
1 18 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    13 1 THE BUSINESS TIMES weekend 851 MITA (P) 023/03/2004 SINGAPORE/ JULY 24 25. 2004
    13 words
  • Article, Illustration
    Lock icon S'pore firms less optimistic about next six months: poll
    694 1  -  They report a plateau in sales, profits and new business in the second quarter By Daniel Buenas [SINGAPORE] Companies are less optimistic about business conditions in the next six months, reporting a plateau in sales, profits and new business in the
    Source: NUS Con ing  -  694 words
  • Article, Illustration
    Lock icon Berjaya seeks Informatics board seats, chairmanship
    744 1  -  By Kenneth Lim [SINGAPORE] Possibly taking Informatics Holdings' recent board changes a step further, the Berjaya Group has asked for three board seats, including the post of non-executive chairman now held by Informatics founder Wong Tai. Shares of the education services provider shot up
    Source: Bloomberg  -  744 words
  • Article, Illustration
    Lock icon Official data points to a property market on the mend
    814 1  -  By Kalpana Rashiwala [SINGAPORE] The latest official indicators seem to point to a long-awaited though modest turnaround across the property market. Headline price and rental indices for the various segments of the private market, released yesterday by the Urban Redevelopment
    Source: URA/HDB  -  814 words
  • Article, Illustration
    Lock icon Aboriginal art is pulling in the money
    117 1 AFP [MELBOURNE] Director of aboriginal art at Sotheby's, Tim Klingender, inspects a collection of eight ceremonial spearheads which are expected to be sold for around A 515,000 (S$18,300) at an auction in Melbourne today. The collection of aboriginal paintings is the largest and
    AFP  -  117 words
  • Article
    Lock icon Swelling inventories seen hurting chip makers
    535 1 This could lead to softening of prices in Q3: research firm Reuters Bloomberg [SAN FRANCISCO] Stockpiles of unsold chips have soared to their highest level in a year, says a study suggesting that chip makers may have to slash prices quickly to avoid costly
    Reuters; Bloomberg  -  535 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • news front
    • Article
      Lock icon OECD suggests ways to create more and better jobs
      564 2  -  It says govts should foster flexible work environments and cut red tape on formal hiring to boost employment By Anna Teo [SINGAPORE] More flexible work schemes and less red tape to beat the informal economy and undeclared employment these are policy
      564 words
    • Article, Illustration
      Lock icon Orchard Rd stakeholders must put their money where their mouth is
      763 2  -  Saturday soapbox Do any less, and globe-trotting shoppers will pass them by vince chong THE region has caught up with Singapore in recent years, especially in competitiveness. While the effect on sectors like manufacturing is more systemic as seen
      763 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      475 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T:+6s 6535 3382 F:+6s 6535 3991 E: singaporeoocra.com.sg 24
      475 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      7 2 C.A.T.S. Buy It. Sell It. Find It.
      7 words
Page thumbnail Page 3
  • the raffles conversation
    • Article, Illustration
      Lock icon WORK THE ORACLE
      1657 3  -  Charles Phillips, president of the world's largest enterprise software company, tells RAJU CHELLAM why aggression should be a motivation to excel, not merely a tool to bully RAJU CHELLAM HE holds a degree in computer science, has an MBA in finance, is a chartered financial analyst and
      ARTHUR LEE  -  1,657 words
    • Article
      Lock icon Attracted to talent
      381 3 HOW relevant is Singapore to large software companies like Oracle? "It's a centre of commerce and certainly a shipping centre, so there's always going to be lots of trade activity and lots of companies that need to have regional headquarters," says Charles Phillips, president of Oracle Corp.
      381 words
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      1 3 AARITA/TA
      1 words
    • Advertisement
      Lock icon Page 3 Advertisements Column 2
      66 3 Raffles INTERNATIONAL Hotels 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
      66 words
Page thumbnail Page 4
  • news companies
    • Article, Illustration
      Lock icon Chartered reports Q2 profit of US$15.3m
      628 4  -  However, it expects earnings and revenues to be stagnant in Q3, citing inventory build-up and uncertain demand By Tang Weng Fai CHARTERED Semiconductor yesterday reported its second profitable quarter after three years of losses, narrowly beating its own guidance. However, it expects to see
      Source: Bloomberg  -  628 words
    • Article, Illustration
      Lock icon Singapore's marine sector looking offshore for growth
      932 4  -  corporate analysis Big players like SembCorp Marine, PSA tapping into China's rapid development By Jean Chua SEMBCORP Marine's latest investment in Cosco Shipyard Group has drawn mixed reactions from analysts. While some declined to comment, others issued a "hold" recommendation on SembCorp Marine's
      932 words
    • Article
      Lock icon NOL profit seen doubling in Q2 on higher freight charges
      471 4 The shipping group is expected to post record profits in 2004, but freight rates may start to correct in 2005, say analysts Reuters Neptune Orient Lines (NOL), the world's seventh-largest container shipping group, probably doubled quarterly profit as it moved
      Reuters  -  471 words
    • Article, Illustration
      Lock icon Coming to grips with a slowdown in the US
      694 4  -  market review r sivanithy IT hasn't been a memorable week by any stretch of the imagination. The Straits Times Index fell 21 points, or 1.1 per cent, and the technology sector came in for a drubbing, with many of its leading
      694 words
    • Article
      Lock icon MARKETS
      80 4 sn 1,850.26 (-12.71) ST INDEX FUTURES 1,853.00 (-9.00) SIMSCI 224.54 (-1.97) SIMSCI FUTURES 991 AA IA 7A\ Friday Change KLSE COMP JB8.20. -1.17 NIKKEI 225 I 1.187.33 -97.71 HANG SENG *****59 +32.78 SET INDEX .#48.47 -1.65 JAKARTA COMP 766.37 +4.85 MANILA COMP 1.559.22 +6.43 TAIPEI WPI 5.373.85 -14.11 SGOCLOOMP
      80 words
    • Article
      Lock icon FINANCE
      72 4 FOREX RATES US$ S$ I'SS (SS per I'SS) 1*18 £(I'SS/SS per 1840 3.161 ei:ro(I'ss/ss/ei 1.223—2.101 YEN 108.6 63.60 RM 3.800 2.212 HKS '800 4.540 BAHT 41.05 23.89 Rl'PIAH 9,05:1 5.269 RENMINBI 8.277 4.817 INDIAN Rl'PEE 46.27 26.93 AS 1406 0.818 NZS 1-563 0.910 PRIME RATES SINGAPORE 5.25 MALAYSIA 6.00
      72 words
    • Article
      Lock icon Jardine C&C's Astra joins race for Permata
      520 5  -  The car distributor has teamed up with Standard Chartered to bid for a 71% stake in the Indonesian bank By Kenneth Lim JARDINE Cycle Carriage's Indonesian unit will be competing head-on with several of Singapore's bigwigs including Temasek Holdings as it teams up
      520 words
    • Article, Illustration
      Lock icon China, hotels seen driving Q2 profits at property groups
      664 5 Slow home sales, office rentals will weigh down S'pore contribution Reuters TOP Singapore property firms City Developments Ltd and Keppel Land Ltd should get a boost from a worldwide recovery in the hotel business and strong apartment sales in China to
      Reuters; FILE PHOTOS  -  664 words
    • Article, Illustration
      Lock icon SPC to buy Indon oil company Coastal for US$23m
      382 5  -  By Taila Krishnakumar MOVING deeper into exploration and production, oil refiner Singapore Petroleum Company (SPC) yesterday said it is buying Coastal Indonesia Sampang Ltd (Coastal) for U5523.2 million plus working capital from El Paso Production Oil and Gas Company, a unit
      382 words
    • Article
      Lock icon Bharti to upgrade phone network
      77 5 Reuters INDIA'S Bharti Tele-ven-tures will spend between US$7OO million and US$75O million in 2004/05 to gain a nation-wide mobile footprint, joint managing director Akhil Gupta, told reporters yesterday. Mr Gupta also said that any shareholder could offer his shares in the proposed 200 million foreign
      Reuters  -  77 words
    • corporateroundup
      • Article
        Lock icon UOL no longer in offer period
        138 5 UNITED Overseas Land (UOL) said it is no longer in an offer period from July 21. The Securities Industry Council (SIC) had in May put the company in an offer period, which specifies that all parties to the possible takeover offer for UOL and
        138 words
      • Article
        Lock icon UIS profit dumps 78% in Q2
        59 5 CLOSED-END fund United International Securities posted a 78 per cent drop in second-quarter net profit to $1.8 million. Profit on the sale of investments was sharply lower at $16,000 from $4.7 million in the same period a year ago. Net profit for the first
        59 words
      • Article
        Lock icon OUS profit falls 42% In Q2
        58 5 OVERSEAS Union Securities yesterday reported a 42 per cent fall in second-quarter net profit to $1.1 million. Loss on sale of investments was $309,000 compared with a profit of $395,000 for the same quarter last year. Net profit for the first half of this
        58 words
      • Article
        Lock icon UIS, OUS announce exchange ratios
        46 5 UNITED International Securities (UIS) and Overseas Union Securities (OUS) have agreed on the exchange ratios for their merger. Following a net assets review of the companies by PricewaterhouseCoopers, a shareholder with 1,000 OUS shares shall receive about 1,700 new UIS shares.
        46 words
      • Article
        Lock icon Top Global warns of first half loss
        51 5 TOP Global said it expects to report a loss for the six months ended June 30. Due to continuing difficulties in the construction industry, it said margins for projects have been severely affected. The group also has to make provisions for some doubtful
        51 words
      • Article
        Lock icon ACCS sees revenue boost from Nokia deal
        62 5 ACCORD Customer Care Solutions said it has been appointed the exclusive service partner for Nokia in Singapore starting from July 1. It will manage the entire network of Nokia Care Centres throughout Singapore, instead of two-thirds of the network previously. The group said
        62 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      70 5 Q/J** \m *SS^^^Sfl** s \\t \m .***!l2£i V, Reach out to more readers by advertising /<*? xl .iSi i in The Straits Times Classified. Call our V \J F \t \V\ C.A.T.S. hotline at 1800-289-9988 and CA V? I F ls^S!£^ ,o: V V &ALk I u our friendly sales
      70 words
Page thumbnail Page 6
  • money personal investment
    • Article
      Lock icon brokers'take
      736 6  -  Compiled by KENNETH LIM ST Engineering July 23 dosing: $2.06 MARINE and Electronics should be key drivers of growth for Singapore Technologies Engineering in 2004 given continued weakness at Land Systems, and an uncertain outlook for Aerospace. Aerospace: The outlook is uncertain as the impact of budget carriers on
      736 words
    • tradestowatch
      • Article
        Lock icon CMT director raises holding
        105 6 IT turns out that one of the investors who queued up at ATM machines and helped snap up 31 million new CapitaMall Trust (CMT) units in 20 minutes on Wednesday was none other than deputy chairman Liew Mun Leong, who is also president and chief executive
        105 words
      • Article
        Lock icon GP Ind still buying shares
        146 6 ELECTRONICS group GP Industries continued to accumulate shares of its Singapore-listed units on Thursday. GP Industries, an investment holding company for Hong Kong's Gold Peak Industries, is now closer to becoming a majority shareholder of GP Batteries International after it bought 103,000 shares on the
        146 words
      • Article
        Lock icon Schroder pares Utac stake
        135 6  -  Compiled by KENNETH LIM THE Schroder Investment Management group saw its deemed stake in United Test and Assembly Center (Utac) pared to 8.47 per cent from 8.77 per cent after its funds sold 2.5 million shares on behalf of clients. Utac, a semiconductor testing specialist, fell
        135 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      1049 6 for week beginning Jul 19 Subtantial day No of Mce SHAREHOLDING Tram Sharahoktar S«0 Shares Par Mora After Stock Date Director Com 008 Stir P»0>) 000) Chuan Hup 22-Jul-04 Peh Kwee Chim Buy ***** 0.50 ***** 4.57 ***** 6.40 Amtek Enqq 22Jul-04 Foo Shu Huan Buy
      1,049 words
    • Article, Illustration
      Lock icon Shareholder value: matter of capital cost
      1195 6  -  show me the money Firms with above average returns are basically strong, but may not be growth stocks teh hooi ling COMPANY A has invested $50 million in a project and has made a profit of $4 million. Has the company created value for
      1,195 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      28 6 Insiders' trades. Brokers' recommendations. Dividena table. The pages also cove r transactions by di r ectcrs and t/1 substantial m shareholders. in otne r words, 7? use. U
      28 words
Page thumbnail Page 7
  • dbs investment roundtable
    • Article, Illustration
      Lock icon Corporate governance and you
      3682 7 Corporate scandals at Parmalat, Enron, WorldCom and Tyco have driven home the point that good corporate governance is as important as the financial ratios investors have traditionally used to measure a company's worth. What happened at Informatics Holdings, in which aggressive accounting led to an earnings
      PHOTOS BY CHRIS LOH  -  3,682 words
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      40 7 ©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
      40 words
Page thumbnail Page 8
  • news at home
    • Article, Illustration
      Lock icon Prices of HDB resale flats rise 1.2% in Q2 from Q1
      714 8  -  Surge in prices of three-room resale flats slows ahead of new supply By Andrea Tan THE blistering pace set by three-room resale flat prices slowed in the second quarter of this year as more supply loomed. But it was
      714 words
    • Article
      Lock icon PSB Academy to offer courses aimed at bankers
      240 8  -  By Joyce Koh IN a regional first, bankers here will be able to get certification for financial best practices through a tie-up between the American Bankers Association and PSB Academy. Starting from September this year, they will be able to attend two
      240 words
    • Article, Illustration
      Lock icon Caltex, Shell raise petrol prices
      277 8 CALTEX and Shell have followed ExxonMobil's lead in raising petrol prices by four cents a litre. At midnight on Thursday, ExxonMobil raised the retail pump prices of petrol and diesel. Its three grades of petrol now range from $1,384 to $1,498 per litre, while diesel
      BLOOMBERG  -  277 words
    • Article
      Lock icon Korea, S'pore finish 4th round of FTA talks
      151 8 FURTHER progress on a Ko-rea-Singapore Free Trade Agreement (FTA) was made during the fourth round of negotiations that concluded yesterday on Korea's Jeju island. Singapore's Ministry of Information, Communications and the Arts said in a statement that all eight working groups, from
      151 words
    • Article, Illustration
      Lock icon Inflation at 1.6% in first half; June CPI rises 2.3%
      229 8  -  on the economy prices By Uma Shankari CONSUMER prices rose 2.3 per cent last month, according to the Department of Statistics (DOS). The figures show an increase in the Consumer Price Index (CPI) across all items year on year except
      Source: DOS  -  229 words
  • Article
    Lock icon KLSE
    2264 8 Transaction date: Jul 23 KUALA LUMPUR Gem.™, 15.00 0.10 w Vol George Kent 0.80 0.01 44 KM room GlobetronicsTech .0.45 -0.01 1803 GlomacBhd 2.42 undi 335 AiM Realty 1.48 0.07 212 Gold Bridge Engrg .0.37 0_01 247 Abric .0.62 0.01 88 Golden Frontier .0.74 unch 5 ACP Industries 1.65
    2,264 words
  • Article, Illustration
    Lock icon FINANCE
    617 8 Transaction date: Jul 23 ntTHRBAMg CURRBWCTT EATBS Against SS Against USS Against S$ Against US$ Carrtnclas BM Offtr Bid Offtr Cwrtadas Bid Offtr BM Offer 8S/VSS to 100 until of foreign currency: SMBS to one unit of foreign currency: Hongkang dollar 22.02 22.03 *****7 t2J2tt AMtratta* Mar ***** 1.2221
    617 words
Page thumbnail Page 9
  • news region
    • newsbreak
      • Article
        Lock icon Stanchart enters fray for Bank Permata
        67 9 Reuters [HONG KONG] Standard Chartered pic said yesterday it will team up with an Indonesian car distributor to bid for a 71 per cent state-held stake in PT Bank Permata, worth US$25O million. Stanchart, which is London-based but highly focused on Asia, joins a
        Reuters  -  67 words
      • Article
        Lock icon Avon Products plans direct selling in China
        83 9 Reuters [BEIJING] Avon Products Inc, the world's largest direct seller of cosmetics to consumers, could soon be sending its sales representatives door-to-door in China. Direct selling, the practice that spawned Avon's well-known cadre of "Avon Ladies", would allow the company to make further
        Reuters  -  83 words
      • Article
        Lock icon M'sia to carry out deportation by year-end
        89 9 AP [KUALA LUMPUR] Malaysia hopes to launch a campaign before the end of the year to detain and deport more than a million illegal workers, mostly from Indonesia, a minister said yesterday. Home Minister Azmi Khalid said the high number of foreign workers
        AP  -  89 words
      • Article
        Lock icon Wipro posts 83% growth in Q1 profit
        64 9 AP [BANGALORE] Vigorous demand for outsourcing services and higher prices paid for software development helped India's third-largest software exporter, Wipro, to report an 83 per cent growth in net profit for the fiscal first quarter that ended June 30. Net profit stood at
        AP  -  64 words
      • Article
        Lock icon Tesco moving 420 jobs to India
        107 9 Reuters [LONDON] Britain's biggest supermarket chain Tesco pic said on Thursday it was moving 420 jobs to Bangalore, India, from three centres in the UK. The jobs are in the area of business support and will go from offices in Cardiff, Dundee and Welwyn
        Reuters  -  107 words
    • Article
      Lock icon China to push reforms to cut govt role in economy
      336 9 Reuters [BEIJING] China will push reforms to cut government intervention in the economy and allow businesses to invest more freely, state media said yesterday, in what analysts say is an ambitious step to help sustain long-term growth. The reports come
      Reuters  -  336 words
    • Article, Illustration
      Lock icon Rising office rents seen hurting HK's competitiveness
      533 9 Limited new supply could cause rents to move even higher, say property specialists [HONG KONG] Rising office and retail rents here is causing some concern over Hongkong's cost competitiveness, the South China Morning Post reported. While the increases have not reached alarming levels,
      REUTERS  -  533 words
    • Article
      Lock icon HK may face new home shortfall in 2006 as prices rise
      287 9 Bloomberg HONG KONG'S supply of new homes may fall short of demand as early as 2006 and prices may rise as much as 15 per cent next year, says Centaline Surveyors. Demand may exceed supply by 1,431 units in
      Bloomberg  -  287 words
    • Article
      Lock icon India's rich households set to continue multiplying
      444 9  -  Survey also shows fall in proportion of poor households By Yogi Aggarwal in Bombay THE number of rich and upper middle-class households in India has grown rapidly in the past 15 years, while the proportion of poor households has gone down. Next fiscal
      444 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    4563 9 UNIT TRUSTS FUNDS S B Eqty Dividend Pf04(SGD) 0.9691/ S 8 Sel Eqty Dividend Pf 04 (USD) 0.9492/ arm Amro Asset Mot (S'dotc) Cchiwih ittiHlfc Asset Mot Star Europe Eqty'** 0.721/ Com Global Hnance IndexT 0.948/ Star Europe Bond 1.267/ M st» Fivme RaI 1 042/ Lom uiooal Heaitn index
    4,563 words
  • Page 9 Advertisements
Page thumbnail Page 10
  • news region/world
    • Article, Illustration
      Lock icon Survey forecasts brain drain of Australian lawyers
      449 10 Looming talent war, rising offshore demand in UK and Asia could hasten outflow [SYDNEY] A looming talent war and increased offshore demand for Australian lawyers in the UK and Asia could lead to a brain drain in the local market, the Australian Financial
      AP  -  449 words
    • Article
      Lock icon China slaps trading curbs on ketchup-maker
      396 10 Xinjiang Tunhe shares confined to trading 5% up or down each day Reuters [SHANGHAI] China's main stock exchange said yesterday that it will slap trading curbs starting next week on shares of a ketchup-maker linked to a disgraced private firm, citing more than US$6OO
      Reuters  -  396 words
    • Article
      Lock icon Fed's economic view too rosy for some analysts
      605 10 Reuters [NEW YORK] The US Federal Reserve's latest economic forecasts assume a perfect blend of growth and inflation, but analysts suspect the central bank is heading for disappointment on both counts. "They are Goldilocks forecasts," said Lehman Brothers' chief economist and former
      Reuters  -  605 words
  • Article
    Lock icon SGX
    812 10 Transaction date: Jul 23 TURNOVER C000) VALUE fOOO) Male S4q Total Mala Sdq Total Mufti Ind 8,288 8,288 12,551 12.551 Manufacturg 284,150 14,930 299,060 209.443 3.625 213,069 Commerce 37,087 1,408 38.495 17.945' 344 18.289 Tpt/Stor/Com 48,105 10 48,115 77,403 10 77,413 France 16,442 34 16,476 61.976 17 61.993 Construction
    812 words
  • Article
    Lock icon BONDS & WARRANTS
    741 10 BONDS WARRANTS Pram Expiry Prcm Expiry Tal Last Vol Com Exec Disc Gear- Mths Tel Last Vol Conv Exor Disc Gear- Mths Coda Company Salt >oc- ooo, Katio Price lug Left Code Cowpawy Sate ♦or- ('008) Ratio Price l»g Left PTBkBNIn10M2111SS AtNflOOOIJS WTMIMMi8MW»MMII« *[Bnl¥flillllMi|l PTT Publk USVW0M5 75H*****1R 3779 ASl
    741 words
  • Article
    Lock icon SGX SESDAQ
    2174 10 52-Wk T«l last Vol Day LastQuote GrOiv Dry GrYld Net MCap High Low Cod« Company Sate C000) High Low 8uyr 5«IUr Cw Hi Smil 26 12 5 5000 ABR Hldgs 5c 14 13.5 16 5 27 42 21 3 2101 APOll5?r 30 27 30 5 N91 08 11.6
    2,174 words
  • Article
    Lock icon CLOB INTERNATIONAL
    207 10 52 Wk Td Last Vol Day Last Quote GrOtv Div GrYW Not MCao low Coda Company Sate w- f000) Hlgfc Low »wyr S¥tm Cvt M SmS 228 145 6000 AVJennings A25t A177 +1 16 177 176 178 179 44 10.6 6.2 5.6 381 6001 Cathay Pac 20c HK720
    207 words
  • Article
    Lock icon SGX XTRANET
    221 10 52-Wk Tel lost Vol Doy Last Quote GrDrv Otv GrYld Mm ur„ High low Cod# Company Solo COOP) High Low twyr S«*f S Cvr me jjjj 2060 2000 6065 Diamonds US2060cd 2120 6095 IS DJ US Tech US3740 6097 IS MSCI Spore US555 6101 IS S&P500 US8270 **********
    221 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      79 10 Call toU-free 1800 289 8822 I Saggio I The Receiver and Manager of Saggio (Singapore) Pte Limited, seeks expressions of interest from parties interested in taking over the whole of Saggio (Singapore) Pte Limited's business. Saggio (Singapore) Pte Limited is a supplier of office stationery and supplies for corporate clients.
      79 words
Page thumbnail Page 11
  • news world
    • Article
      Lock icon British investor group offers to settle Yukos tax debt
      651 11 But it wants the 44% stake held by the Russian oil firm's jailed CEO and his partners in exchange AP Reuters Bloomberg [MOSCOW] An investor group based in Britain has offered to pay the crushing tax debt of Yukos in exchange
      AP; Reuters; Bloomberg  -  651 words
    • Article, Illustration
      Lock icon Profitable exit for ex-Viacom president
      476 11 LAT—WP [LOS ANGELES] The highly unusual employment contract fashioned by Mel Karmazin to protect himself against his meddlesome boss paid off handsomely: the former president of Viacom Inc collected U5535.4 million in bonuses and salary after quitting in June. The third-largest US entertainment company disclosed
      LAT—WP  -  476 words
    • Article
      Lock icon UK bank Abbey a takeover target
      288 11 Reuters [LONDONI Abbey National yesterday said it has received a takeover approach, sending its shares soaring over 15 per cent on hopes Britain's second-largest mortgage lender would fetch at least £8 billion (5525.3 billion). Spain's largest bank, Santander Central Hispano, told Spanish regulators that
      Reuters  -  288 words
    • Article
      Lock icon Microsoft Q4 profit jumps 80%
      504 11 US CORPORATE RESULTS But software giant sees only mild sales growth in FYOS Bloomberg [NEW YORK] Microsoft reported strong quarterly gains in sales and profits on Thursday, showing that it is one of the winners in the uneven recovery that the technology sector is seeing.
      Bloomberg  -  504 words
  • Article
    Lock icon SGX MAINBOARD
    3939 11 Transaction date: Jul 23 524* W S2 iSi, ■S f i— 42l? 2Lr c5 *$3 Nfrfr low Codt Cawp—y Sdt +rf- fW Wfr lff» 5—55—HEt 31 «s$-1 J fi y i «i J 43 H 57.9 32.9 5834 A-SonkSc 34.5 -0.5 57 345 34.5 343 35 5 rn.7
    3,939 words
Page thumbnail Page 12
  • style sight&sound
    • Article, Illustration
      Lock icon Sound advice
      1348 12  -  5.1, 6.1, 7.1, what do these home theatre speaker systems comprise? THAM CHAIK KONG clues you in THAM CHAIK KONG THE other day I was invited to a friend's house to listen to his new home theatre system. It was an expensive set which could make a big
      1,348 words
    • Article
      Lock icon Househunt Property transactions lodged for selected districts between July 14 and July 21.
      1054 12 District 2 NON-LANDED Icon Apt 23/06/04 99 657 480 731 Icon Apt 09/02/04 99 1227 820 668 District 3 NON-LANDED Meraprime Apt 08/06/04 99 1098 676 616 Meraprime Apt 08/06/04 99 1119 667 596 Meraprime Apt 06/06/04
      1,054 words
Page thumbnail Page 13
  • style motoring
    • Article, Illustration
      Lock icon Italian beauty
      800 13  -  The good-looking Alfa Romeo GT makes a deep impression but one thing stands in the way of it achieving cult status, says SAMUEL EE SAMUEL EE THING of beauty may be a joy forever, but a couple of decades ago, a beautiful Alfa Romeo didn't last forever, mainly
      800 words
    • Article, Illustration
      Lock icon Enjoy the ride while it lasts
      620 13  -  Italian design house Pininfarina will produce Enjoy, its first volume production model in a limited run of 75 units to mark its 75th anniversary next year. MICHAEL LIM reports MICHAEL LIM AS a designer, the Pininfarina name has long been associated with legendary supercar
      SPLIT SECOND MEDIA  -  620 words
    • Article
      Lock icon Driven by practicality
      289 13 ITALIAN design house Pininfarina recently acquired French engineering firm Matra and has now added Matra Automobile Engineering and convertible designer Open Air Systems to its stable of companies. When asked about whether he plans to move into vehicle manufacturing on a large scale, all Andrea Pininfarina, president
      289 words
    • Article, Illustration
      Lock icon which wheels
      366 13  -  Compiled by SAMUEL EE the weekend's specials on autos and accessories... Superb move Skoda is launching a new mid-size sedan this weekend as a Continental alternative to the two-litre market's Japanese stalwarts the Toyota Camry and Nissan Cefiro. The Skoda Superb is based on a Volkswagen Passat, but
      366 words
Page thumbnail Page 14
  • style health
    • Article
      Lock icon secondopinion
      1798 14 your health questions answered In your article on July 17-18, you monttonod surgery called Tension-Free Vaginal Tape (TVT), which requires the Insertion of a tape In the body. What are the risks Involved? Will the tape cause any complications—for example, an Infection? Will It be effective for life? Would
      1,798 words
    • Article, Illustration
      Lock icon Incontinence: the bane of ageing men
      2045 15  -  The bulk of urinary incontinence cases in adult males stem from prostate-related problems, a urologist tells TEH SHI NING TEH SHI NING THE big I-word that ageing men dread, other than impotence, is incontinence, which now affects about 50 per cent of older men.
      ARTHUR LEE  -  2,045 words
  • Article
    Lock icon STOCKS ASIA
    4791 14 Transaction date: Jut 23 HONG KONG Vol HK Exchanges Clearing. 16.90 -0.05 1482 HKS 000 HKR Inf I .2.60 0.18 ***** Hong Kong Electric 33.40 unch 1783 Aeon Credit 4.90 0.05 400 Hongkong Chinese 0.93 0.01 320 Aeon Stores .6.10 -0.20 64 Hopewell Holdings 15.60 -0.10 386 Alpha
    4,791 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      345 14 m Zaobao I I I Woman I I designerm I I me Motorola I I handphone I 1 Call toll-free 1800 289 8822 FORM 55 (Rule 112) NOTICE TO CREDITORS OF MEETING In the Matter of THE COMPANIES ACT (CHAPTER 50) And In Tfce Matter of ASIA-PACIFIC BULK TERMINAL (HOLDINGS)
      345 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      431 15 The International Healthcare Provider of Choice Parkway Group Healthcare, Singapore, Is on© of Asia's largest private healthcare providers with an extensive network of hospitals and integrated healthcare facilities in Singapore and the region. Backed with over 35 years of experience in healthcare, we provide a full range of medical treatments
      431 words
Page thumbnail Page 16
  • style shopping
    • Article, Illustration
      Lock icon WHIRL
      1369 16  -  A whirlpool is not a jacuzzi and a tub with the works could easily set you back a five-figure sum. CORINNE KERK lets you in on some facts CORINNE KERK SO it appears that Singaporeans have spent serious money this year buying landed property. With over 700 landed homes
      1,369 words
    • in store
      • Article, Illustration
        Lock icon Tied to taste
        57 16 Ties speak louder than any other accessory in man's fashion. A Leopiano pure silk tie says much about taste and discernment, thanks to its quality and design. This range comes with teddy bear and ball motif and is available in three colours: purple, greenish brown and yellow.
        57 words
      • Article, Illustration
        Lock icon Self-contained
        46 16  -  Compiled by MIKE CHUA Need a pretty place for your dainty earrings and pendants? Try these ornamental trinket boxes from South Korea. Made of gold-plated (24K) metal, they make attractive accessories in their own right. Priced from $27 to $70. Available at Shamrock, Compass Point
        46 words
Page thumbnail Page 17
  • style travel/wine&dine
    • Article, Illustration
      Lock icon Revelry in Russia
      960 17  -  When a Christie's Singapore's senior executive visited Russia with art and culture on her mind, she was amply rewarded. She tells CHEAH UI-HOON why CHEAH UI-HOON WHEN your work revolves around beautiful art and stunning jewellery, how could you resist an opportunity to go to a country
      AFP  -  960 words
    • Article, Illustration
      Lock icon Back to Bali
      552 17  -  By Vince Chong COMMANDING a timelessness that makes it one of the most rejuvenating holiday spots in the region, Bali is tempered with a gentleness that lingers in the air. It may be known as the Island of the Gods, but it has also gained a reputation
      FILE PHOTO, REUTERS  -  552 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      828 17 wine&dine willi weekendBT AIWO Food for Life Grand PI&ZJl Parkroyal dinner only. Present BT to receive free flow of soft drinks eclectic spread at our Scrumptious Sunday Buffet. The wide 252 North Bridge Road, #02-20Raffles City Shopping 10 Coleman Street. Tel: 6432 5543 for all buffet diners. variety will leave
      828 words
Page thumbnail Page 18
  • style food
    • Article, Illustration
      Lock icon Hard nuts to crack
      2774 18 The traditional ayam buah keluak can make or break a Peranakan restaurant. Who fared the best in our taste test? IT'S hard to imagine that a dish of chicken and some ugly black nuts can personify an entire culture, but it's true. In the colourful Peranakan
      FILE PHOTO; CHRIS LOH  -  2,774 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      343 18 CRYPTIC CROSSWORD ACROSS 1 Stubbornly, eat only bits that [2 I p J 4 P HHj are well-cooked (1 that can attack craft just the same (7,4) 12 Did love for Aeneas lead to her HI ■BpT 13 Butter applied to some of the ißf ■HH H fortification (7) JHJHL-_JBL_
      343 words