The Business Times, 7 October 2004
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2004-10-07
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The Business Times
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Title Section12 2004-10-07 1 THE BUSINESS TIMES SINGAPOf at http://business-times.asial.com.sg MITA (P) 023/03/2004 Thursday, October 7,200412 words
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Article, Illustration669 2004-10-07 1 WONG WEI KONG - By WONG WEI KONG [SINGAPORE] Public Private Partnership (PPP) projects worth $1.3 billion in terms of capital investment are in the pipeline for the next three to five years, Acting Second Minister for Finance Raymond Lim said yesterday. PPPs, which are being introducedLIANHE ZAOBAO - 669 words
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Article132 2004-10-07 1 Dsn 2,016.04 (+4.30) ST INDEX FUTURES 2,020.00 (+5.00) SIMSCI 242.33 (+0.68) SIMSa FUTURES 241.90 (-0.80) MARKETS Wednesday Change KLSECOMP 861.54 -0.02 NIKKEI 225 *****.38 03.55 HANG SENG 13,271.57 -59.53 SET INDEX 668.51 -5.37 JAKARTA COMP 856.06 -5.25 MANILA COMP 1,841.67 +8.32 SEOUL COMP 887.45 +2.61 SHENZHEN B dosed132 words
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Article53 2004-10-07 1 TOP STORIES ...PG 2,4 COMPANIES... PG 5-7 MARKETS PG 8 MID-CAPS PG 10 SINGAPORE PG 11 ECONOMY PG 13 M'SIA PG 15 INDONESIA PG 15 CHINA PG 16 INDIA PG 17 WORLD PG 18 AVIATION PG 20 SHIPPING PG 21 EDITORIAL ..PG 22-23 STOCKS PG 24-25 BIZIT PG 2953 words
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Article, Illustration537 2004-10-07 1 RONNIE LIM - Price tops US$51, but competition at petrol pumps shields motorists for now By RONNIE LIM [SINGAPORE] Having just crossed US$5l a barrel, oil is likely to test higher levels of US$55 or so as the northern winter approaches. But Singaporeans aren't feelingSource: Bloomberg - 537 words
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Page 1 Advertisements
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Advertisement12 2004-10-07 1 BUSINESS, ANYONE? Non-governmental organisations are a big deal in S'pore pg 1212 words
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Advertisement30 2004-10-07 1 KFROM MUMBAITOPUNE and finds a contradiction in the H JtMkl It looks like Singapore's home rental market is turning around. But is it? Views from both sides PG 30 ML30 words
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Advertisement49 2004-10-07 1 I. Ttelco's shares at 95 cents H< 1 wnk 'i Vj.^H^HßlK^B^^^^H 1 \W w B'!&9*-jißH^HHraB °V H o a/ rnu Hi h| \w* rwßHHni h kLi Bk HILTON HO T E P fca E .[-"f^ JCH, DICKSON WATCH &JEWE I- L. PlY?*^^iCnW^ W<<i^^pjJ|J|' W |Js^j^jj^ B •2 LJ OjpppßliW®^49 words
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TOP STORIES
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Article, Illustration687 2004-10-07 2 LARRY WEE - But high oil prices and bullish Fed mean a small rise cannot be ruled out By LARRY WEE [SINGAPORE] The Monetary Authority of Singapore is likely to stick with its current policy of a modest ai}d gradual appreciation of the trade-weightedSource: JP Morgan - 687 words
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Article716 2004-10-07 2 Star Hub prices IPO at lower end of target range AS expected, Starhub has priced its IPO at the lower end of an indicative range, selling 481.8 million shares at 95 cents each. Most applications were from Asian and US institutions. Global coordinator ÜBS says it is "delighted716 words
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326 2004-10-07 2 SAMUEL EE - Also notable is interest from non-distributors By SAMUEL EE [SINGAPORE] COE premiums fell across the board yesterday in the first tender to include the recently announced bumper crop of certificates of entitlement. But what was unusual was the bidding interest from non-distributors in326 words
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524 2004-10-07 4 Voluntary code seen as move towards self-reform for ratings industry Reuters [WASHINGTON] A global group of market regulators will soon propose a code of conduct for credit rating agencies, said people familiar with the matter on Tuesday, amid criticism in Europe ofReuters - 524 words
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Article, Illustration435 2004-10-07 4 NANDE KHIN - By NANDE KHIN [SINGAPORE] Only niche opportunities for investment in the retail and consumer industry exist in Singapore, a PricewaterhouseCoopers (PwC) study has found. Singapore, along with five other countries South Korea, Poland, Romania, the Czech Republic and Slovenia has been found to beAP; AFP - 435 words
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470 2004-10-07 4 Fixed-line market hit by cheap local calls over Internet [HONG KONG] PCCW, Hong Kong's dominant fixed-line operator, has threatened legal action against the territory's regulator unless it stops rivals from offering cheap local calls over the Internet by the end of the week,470 words
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Page 2 Advertisements
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Advertisement529 2004-10-07 2 Technical Workshop on Sarbanes-Oxley Section 404 A Course for Management: Practical Guidance to Successful Implementation 27 to 29 Oct 2004, 9 am to 5 pm, The Grand Hyatt Hotel" Fee: 551,312.50 (clients) 551,417.50 (non-clients) 28 to 29 Oct 2004, 9 am to 5 pm, The Grand Hyatt Hotel" Fee: 551,023.75529 words
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Advertisement60 2004-10-07 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: Simon ne Toh T: +65 6535 3382 F: +65 6535 399160 words
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Advertisement342 2004-10-07 3 H Great Eastern Charity Golf Challenge Thursday, 7 October 2004 Tanah Merah Country Club (Tampines Course) A fund-raising event for GoldernCare, a Great Eastern Project for the Community Chest. Guest-of-Honour: His Excellency, President S R Nathan 'T Wi T I I I L 1l L 4^1.. L L i lOKMHwXSBBSEVKI342 words
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Advertisement99 2004-10-07 4 Our qualified professions A can assist you with offshore structures, shelf companies and incorporations In ALL JOlg jurisdictions including: British Virgin islands Cayman Islands Bahamas AASllllMAlkllKM^Jbiiritius BBHHHnHH Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate99 words
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Advertisement41 2004-10-07 4 www.tradershotels.com f Tp» rtcog HOTELS KU rate KU* top" 6 I W Wll ktorn to <Wrtow* m 1 -bJ I Smart travellers know. Traders Hotels. Beijing Dubai Manila Shenyang Singapore Yangon Opening: Changzhou (2004) Kuala Lumpur (2005) Kunshan (2005) Suzhou (2005)41 words
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COMPANY NEWS
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Article, Illustration721 2004-10-07 5 JEAN CHUA - Shares sold at 95c, valuing company at $2b, ahead of rival M1 Reports by JEAN CHUA AS expected, Star Hub has priced its initial public offering at the lower end of its indicative range, selling 481.8 million vendor shares at 95 centsREUTERS FILE PHOTO - 721 words
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222 2004-10-07 5 VINCE CHONG - By VINCE CHONG TWO directors of Sesdaq-listed construction group Wee Poh have been suspended from their duties in the company and its subsidiaries. Wee Poh said in a statement to the Singapore Exchange yesterday that the two have been "temporarily relieved from their222 words
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240 2004-10-07 5 SINGAPORE Telecommunications' offer of vendor shares in October 1993 remains the largest share sale ever in the Singapore stock market. The then-monopo-ly raised over $4 billion for Temasek 60 per cent of funds raised that year, selling stock in tranches of so-called Group A,240 words
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404 2004-10-07 5 JOYCE KOH - By JOYCE KOH THE market for warrants is booming with hardly a month passing without new warrants being issued on Singapore listed stocks, and industry players say this is due to greater investor awareness. The three biggest participants in the market Deutsche Bank, DBS Bank404 words
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Article617 2004-10-07 5 SIOW LI SEN - By SIOW LI SEN DBS Bank (Hong Kong), moving to limit the public relations fallout caused by an accidental removal and destruction of 83 safe deposit boxes, has announced a compensation package for affected customers, which includes a one-off ex-gratia payment of HK$5O,OOO (S$10,814). Besides617 words
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699 2004-10-07 5 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY ON TUESDAY, this column featured the Deutsche Bank covered put warrant on Neptune Orient Lines (NOL). Two assertions were made based on feedback from market traders that the instrument should not have risen in value when the underlying NOL shares699 words
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COMPANY BRIEFS
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43 2004-10-07 5 SHARES of listing debutante Pharmesis International closed 56 per cent above its 25 cent issue price yesterday. Stock of the China-based group closed at 39 cents, after opening at 35 cents and reaching a high of 41 cents.43 words
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99 2004-10-07 5 ACMA said yesterday that it has. through a wholly-owned subsidiary, bought over 500.000 shares of subsidiary Global Tech (GT) for $667,500. This will be paid to Umisson Investments in the form of 10.7 million new Acma shares a 1.36 per cent stake at99 words
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Article58 2004-10-07 5 INTRACO said yesterday that director Low Sin l.eng has resigned with effect from Tuesday. She will also step down as chairman of the audit committee and member of the nominating committee. Her positions will be taken by new independent non-executive director Tan Boon Wan, who will58 words
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62 2004-10-07 5 MEDTECS International Corporation said that of the net proceeds of US$B.67 million from the issue of the bonds completed on Aug 6, US$3.O9 million has been utilised with U*****,000 going to pay the remaining consideration for the acquisition of Greenway Teck Corporation. US$l.662 words
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597 2004-10-07 6 VEN SREENIVASAN - Sale marks sad exit from ambitious SIA plan to become big Asia-Pac player By VEN SREENIVASAN SINGAPORE Airlines' decision to sell its 37.8 million shares in Air New Zealand is not material but marks the end of a painful episode in597 words
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Article, Illustration584 2004-10-07 6 JOYCE KOH - By JOYCE KOH COSCO Corp (Singapore) said yesterday its secondhalf profit will exceed the $30.8 million it earned in the first six months. Sales from its ship-re-pair business will boost earnings for Cosco, which is the bulk carrier and shiprepair unit of China's biggestSTEVEN LEE/ST - 584 words
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290 2004-10-07 6 JEAN CHUA - By JEAN CHUA LESS than eight months after its initial public offer, Bio-Treat Technology is in the market again. The water treatment company has placed out 90 million new shares at 80 cents each to raise net proceeds of $69.42 million for290 words
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Article45 2004-10-07 6 UNIT TRUSTS FUNDS LEGEND: All prices are indicative; Broadly Diversified; I Narrowly Focused; S Lower Risk; law to Medium Risk; ft Medium to High Risk; Higher Risk; open-ended; Before subdivision of units; After subdivision of units; SP after stock split; N A- Non Dealing Day45 words
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Article, Illustration390 2004-10-07 7 GENEVIEVE CUA - Investor education, ad standards, institutional fund mgt pie in focus By GENEVIEVE CUA INVESTOR education, advertising standards, a bigger institutional fund management pie these are some of the issues that Greg Seow, the new chairman of the Investment Management Association of Singapore (Imas), hopesFILE PHOTO - 390 words
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538 2004-10-07 7 Reuters SOUTH-EAST Asia's largest defence contractor, ST Engineering, is expected to post a 4.4 per cent rise in third quarter net profit tomorrow due to stronger sales from its marine and aviation units. That follows three consecutive quarters when profits shrankReuters - 538 words
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446 2004-10-07 7 Reuters SINGAPORE Exchange Ltd (SGX) may post a smaller profit for the July-Septem-ber quarter, when higher oil prices and rising interest rates constricted trading volumes. Forecasts for July-Sep-tember net profit by three analysts polled by Reuters averaged $30 million, with a rangeReuters - 446 words
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Advertisement94 2004-10-07 5 IN THE SUBORDINATE COURTS OF THE REPUBLIC OF SINGAPORE Probate No. 631 of 1993 In the Estate of ONG AH HAI (NRIC NO. *****873/J), deceased To: Lim Chee Hong, now or formerly of No. 45 Joo Chiat Lane #03-02, Joo Chiat Lodge. Singapore *****4 TAKE NOTICE thai Lee Wai Chan94 words
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Advertisement13 2004-10-07 6 I PIMCO Global Real Return Fund rated 5-star by Mercer Investment Consulting Management13 words
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Page 7 Advertisements
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Advertisement312 2004-10-07 7 Insurance Laws and Regulations 2004 Dates KPMG's insurance professionals will be holding a seminar to Tuesday, 9 November 2004 help insurers and others involved with the insurance industry to 9am to spm understand the recent changes in insurance laws and regulations. Wednesday, 10 November 2004 c > r 1 The312 words
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Advertisement1115 2004-10-07 7 II BOARDROOM LIMITED BOARDROOM (Incorporated in The Republic of Singapore with Limited Liability) LIMITED NOTICE IS HEREBY GIVEN that the Annual General Meeting of Boardroom Limited ("the Company") will be held at Grand Hyatt Singapore, Vanda Room 1, Level 3, 10 Scotts Road, Singapore *****1 on Friday, 22 October 20041,115 words
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Advertisement132 2004-10-07 9 •■>■; V./J. .v Ac. j£V- T WL- > stageprag m* i 4 t■- .-v i ISSSI H v '"vC > t^3 tS&R4d&* 'H HHHb 'M HI i ;4, |i§h vfe,-. I IHIH:'.\ HI i i'." MwiiiJiasi a "p j II I I II i fßi» I I \j^K °y»?ia2Sl JH132 words
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MID CAPS
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Article, Illustration822 2004-10-07 10 WONG WEI KONG - Prospect of takeover may draw investors to stock which has largely failed to live up to its initial promise, WONG WEI KONG reckons WONG WEI KONG FOR shareholders of Del Monte Pacific (DMP), the prospect of a takeover may be the best news in a longFILE PHOTO; Source: Bloomberg - 822 words
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Advertisement97 2004-10-07 10 PORSCHE DESIGN |h R r- I Roadster 2. I Travel 1 Mr V" 1 Strong character complemented with superb design. Meet the W9 new generation -The Roadster 2. I Set the trend with its highly durable nylon and cutting-edge double ball bearing technology. And watch the world grow in envy.97 words
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Advertisement31 2004-10-07 10 Lianhe Zaobao B I Meet Zhonghui's I 1 president Gao Bin I I A man who left the I I ivory tower I I business I I world I II PS31 words
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Advertisement323 2004-10-07 10 Advertwernem How you can sell online make real money, #1 Internet coach speaks Can a normal person really make money by selling things on the Internet? Certainly, says Fione Tan, President CEO, eOneNet.com, World's No.l «B| Internet Marketing Coach ranked fj| t>y search engine Google. "I have students from profes-323 words
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SINGAPORE NEWS
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Article, Illustration421 2004-10-07 11 SIOW LI SEN - New consumer banking chief finds S'pore market a tough one to crack Reports by SIOW LI SEN FROM cars and handphones to broadband connection, Singapore seems to be a pretty hard place to sell to. But HSBC's newly-ap-pointed head of consumer banking, TomCHRIS LOH - 421 words
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480 2004-10-07 11 "SHE was nine months pregnant at that time. The first case in the bank was in my branch. Happily, there was no spreading of the disease within the bank environment. But we didn't know that at the time. Nobody knew anything at that time.480 words
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SINGAPORE ROUNDUP
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Article62 2004-10-07 11 NANYANG Technological University (NTU) is looking to market its software for a system that allows people to direct sound waves specifically to targeted listeners so no one else can hear what is being transmitted. NTU said yesterday that its applications include entertainment, education and marketing,62 words
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51 2004-10-07 11 NATIONAL Development Minister Mah Bow Tan will attend the 26th Meeting of the Asean Ministers on Agriculture and Forestry over the next two days in Yangon, Myanmar. The ministry said yesterday that the meetings will discuss progress of Asean's cooperation in food, agriculture and51 words
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29 2004-10-07 11 THE Media Development Authority of Singapore yesterday signed a memorandum of understanding with the Shanghai Media Group to jointly produce high-definition international telemovies.29 words
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339 2004-10-07 11 DANIEL BUENAS - By DANIEL BUENAS THE volume of merger and acquisition (M&A) activity in Singapore rose more than 160 per cent in the first nine months of this year, with 235 companies the target of deals totalling US$9.9 billion.339 words
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Article, Illustration201 2004-10-07 11 WHAT'S cool, bohemian and colourful enough to jazz up your life? It's the three Vespa scooters that you stand to win if you subscribe to the new Zaobao Sunday or Lianhe Zaobao now. To celebrate the successful revamp of Zaobao Sunday,ZAOBAO - 201 words
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326 2004-10-07 11 MAINBOARD-LISTED construction company G&W Group, a subsidiary of Koh Brothers Group, has signed a memorandum of understanding with Ngee Ann Polytechnic to set up an overseas education centre to offer full-scale diploma courses in Shenyang, China. This is G&W's326 words
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319 2004-10-07 11 DANIEL BUENAS - By DANIEL BUENAS THE Association of Small and Medium Enterprises (Asme) and business information provider and debt collection agency Infocredit D&B signed a memorandum of understanding yesterday to launch a new SME credit bureau. "An information sharing credit bureau319 words
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Article, Illustration302 2004-10-07 11 JOYCE KOH - By JOYCE KOH LOCAL companies have to find ways of navigating the challenges of putting in place good corporate practices, and should not blindly follow Western standards. "In Asia, where the business model is different from that in the US and Europe,302 words
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Page 11 Advertisements
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Advertisement7 2004-10-07 11 C.A.T.S. Buy It. Sell It. Find It.7 words
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SINGAPORE FOCUS: SERVICES
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Article, Illustration494 2004-10-07 12 NANDE KHIN - By NANDE KHIN International Association for Exhibition Management BASED in Dallas, Texas, the International Association for Exhibition Management (lAEM) has a membership of some 3,500 organisers, suppliers, convention bureaus and hotels from all over the world. It has appointed Conference Exhibition Management Services (CEMS) as its representative494 words
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Article, Illustration1239 2004-10-07 12 NANDE KHIN - By locating here, int'l organisations and non-governmental organisations help boost S'pore's reputation as a financial and conference hub. NANDE KHIN finds out about economic and intangible benefits NANDE KHIN MENTION international organisations (10) or nongovernmental organisations (NGO) and most people would think of various humanitarianHABITAT FOR HUMANITY SINGAPORE - 1,239 words
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ECONOMY WATCH
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Article, Illustration657 2004-10-07 13 Analysts say stockpiling ahead of cold season already raising prices futher AFP [SINGAPORE] Oil prices stayed near historic peaks at US$5l a barrel in Asian trading yesterday as analysts warned US$6O was "within reach" if the northern winter turns out colder thanAFP; AP - 657 words
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Article825 2004-10-07 13 Matthew Lynn - COMMENTARY By Matthew Lynn Bloomberg AT MORE than US$5O a barrel, the price of oil has everybody spooked. Economists are worried about global growth. Industrialists are concerned about the cost of raw materials. Car owners are anxious about filling up the tank. Who's to blameBloomberg - 825 words
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571 2004-10-07 13 Bloomberg [NEW DELHI] India is preparing to invite overseas investors to buy bad loans for the first time, opening up a market valued at US$22 billion. Regulators are drafting rules to accelerate loan disposals by allowing foreign investment, said Rajendra Kakker,Bloomberg - 571 words
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Page 13 Advertisements
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Advertisement117 2004-10-07 13 iiTi. a. j* Diners Club Credit Card To apply, call' 6416 0980 Where to wine, dine and entertain... s IMB usivepriviicBes Treats Seafood by the oea /vWY\ Ampli Fux Cozy Cumjous Cxltuiai But Pamunc Amminci Seafood Dam. is Gaadi* m aaaaa/ww\ C/X^INN *—food rv>t«ur«nt Sinja Inn Seafood Restaurant 920 Eiit117 words
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Advertisement107 2004-10-07 13 Tha Phc* for Nostalgia Swing To Good Ol* Favourites At Club 5 Unwind to great soothing music and enjoy Happy Hours at Club 5! One-fbr-One on standard drinks plus 35% discount off hard liquor bottles. Catch our new band, Le Mystique perform their smashing numbers. Or marvel at our beauties107 words
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Advertisement13 2004-10-07 13 BUY ONE GET ONE I Supreme Shark's MRS KIC6 5Ci menu I f^wCra»W*TtaOi13 words
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Advertisement74 2004-10-07 13 sun4ay a la carta buffet I mry suntfay mt SSS+++ p«r person K A.oopm lO.lOpm g§ indulge in aur H lip-smacking B selections from B the a la carte B buffet menu I THE NEPTUNE COUYIK Q.U A Y DIANXIN ATTHE NEPTUNE Enjoy excellent lunch and dian xin served on74 words
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MALAYSIA COMPANIES
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445 2004-10-07 14 Investors, including EDB, have pumped RM5m into the MSC-status firm [KUALA LUMPUR] Nexus Edge Technologies Sdn Bhd, a Multimedia Super Corridor-status company in which Singapore's EDB has a stake, intends to raise as much as RMSOO million (***** million) by listing on the445 words
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Article, Illustration330 2004-10-07 14 Bloomberg [KUALA LUMPUR] SapuraCrest Bhd, which provides engineering services in Malaysia's oil and gas industries, said it will bid for contracts equal to what it got in March over the next five years as high oil prices speed up offshore exploration. SapuraCrest won a three-year,Bloomberg; AFP FILE PHOTO - 330 words
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385 2004-10-07 14 Bernama [KUALA LUMPUR] Global private equity investor Actis has raised a US$6O million fund to be invested in Malaysian companies, Actis's senior managing partner Paul Fletcher said. He said that two-thirds of the fund were contributed by CDC Capital Partner and one-third byBernama - 385 words
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232 2004-10-07 14 Bernama [KUALA LUMPUR] Kumpulan Jetson Bhd is diversifying into property development as part of its plan to expand into sectors related to its core business. Jetson Construction Sdn Bhd, a wholly-owned subsidiary of Kumpulan Jetson Bhd, will now take the group's core competencies in theBernama - 232 words
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Page 14 Advertisements
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Advertisement180 2004-10-07 14 #».'>* ><♦? -V r -'/••I K < -V ".fuflfi &a///e4> <_%» cf/a*a onoe aaain deen m 4&/: in Sfit+9>(*A&i>o 4r ■Rl WlB a^Minl Hipß BB ■BNB^DBHHi II H H When TIME magazine polled their readers in the region, they voted I Raffles The Plaza as the favourite business address in180 words
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MALAYSIA/INDONESIA
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Article, Illustration640 2004-10-07 15 SHOEB KAGDA - But economists are optimistic even as succession drags on By SHOEB KAGDA in Jakarta INDONESIA'S financial markets weakened yesterday as a stand-off between incumbent President Megawati Sukarnoputri and president-elect Susilo Bambang Yudhoyono dragged on. But analysts and businessmen don't see the falling out asREUTERS - 640 words
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308 2004-10-07 15 Reuters [JAKARTA] Indonesia hopes the hotly contested sale of its seventh largest bank, PT Bank Permata, could be the most successful of its bank asset sales, a minister said yesterday. The remarks came ahead of today's deadline to submit final bids for 51Reuters - 308 words
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Article332 2004-10-07 15 Reuters [KUALA LUMPUR] Foreign auto makers may be more interested in a stake in Proton's new plant than in an equity position in the Malaysian company, analysts and fund managers said yesterday. With the Malaysian government apparently determined to keep control of the country's top autoReuters - 332 words
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371 2004-10-07 15 Bloomberg [JAKARTA] Hidayat Nurwahid, chairman of the Prosperous Justice Party, was elected Speaker of Indonesia's new People's Consultative Assembly yesterday. The People's Consultative Assembly was sworn into office last Friday with new powers, and comprises two Houses. The 550-member People's Representative Council seatsBloomberg - 371 words
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398 2004-10-07 15 EDDIE TOH - By EDDIE TOH in Kuala Lumpur WORK on Malaysia's sec-ond-tallest building is set to resume as part of the government's drive to help revive some of the property projects halted by the regional financial crisis six years ago. But plans for398 words
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Advertisement649 2004-10-07 15 Designed to Showcase Digital Television systems develop new applications. Complete with permit for Video on Demand ■■I (VOD) from Singapore MDA*. Easily upgradeable to full J 1 1 J wireless DVB-T, DVB-H, satellite uplink or larger scale DVB system. Kflfl Equipment Includes: HB Antenna, Continental Digital TV Transmitter, NDS Encoders649 words
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Advertisement1117 2004-10-07 15 CHOSEN HOLDINGS LIMITED Company Registration Number: *****4325 C (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of CHOSEN HOLDINGS LIMITED (the "Company") will be held on Friday, 22 October 2004, at 17 Woodlands Terrace, Woodlands East Industrial Estate, Singapore *****2, at 10:001,117 words
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GREATER CHINA
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325 2004-10-07 16 Fears of hard landing expected to prompt pullback, report cites sources AFP [HONG KONG] China will phase out measures aimed at reining in the overheating economy amid fears that the tough controls may lead to a hard landing, a press report said hereAFP - 325 words
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Article, Illustration66 2004-10-07 16 [HONG KONG]Pro-democracy activist and newly elected legislator "Long Hair"Leung Kwok-hung, wearing a black wrist-band and a protest T-shirt which reads "vindicate June 4th taking his oath inside Hong Kong's Legislative Council yesterday. Hong Kong's newly elected lawmakers take their oath of office yesterday and with nearly halfREUTERS - 66 words
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295 2004-10-07 16 Reuters [HONG KONG] Electronic Arts Inc, the largest video game publisher, plans to make China its global centre for developing online games, with a 500-person studio that will help it generate US$l billion in Asian revenues by 2010. OnlineReuters - 295 words
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390 2004-10-07 16 Chairman says govt may have to slash its 85% stake first lISTANHUI.J Baosteel, the fast-growing Chinese steel company currently the world's seventh biggest steel-maker by output, is considering listing on the New York Stock Exchange to take advantage of boom conditions in the390 words
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274 2004-10-07 16 Reuters [HONG KONG] Online payment specialist Pay Pal is hiring in China as it explores an entry into one of the world's fastest growing markets, following in the footsteps of its parent eßay. A Pay Pal spokeswoman in Silicon Valley said on Tuesday theReuters - 274 words
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Page 16 Advertisements
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Advertisement562 2004-10-07 16 Notices PENTEX-SCHWEIZER CIRCUITS LIMITED PROPOSED ACQUISITION OF PENTEX-SCHWEIZER CIRCUITS LIMITED BY SANMINA-SCI CORPORATION BY WAY OF A SCHEME OF ARRANGEMENT (THE "SCHEME") The Board of Directors of Pentex-Schweizer Circuits Limited (the "Company") refers to the scheme document (the "Scheme Document") dated 9 September 2004 in relation to the Scheme and562 words
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Advertisement985 2004-10-07 16 ER P LIMITED Company Registration No. *****1449 C NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of GRP Limited will be held at 1 Bukit Batok Street 22, Meeting Room, Level 8, GRP Industrial Building, Singapore *****2 on the 22 nd day of October985 words
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Advertisement43 2004-10-07 16 Copycats beware! m Protecting your rights? Call 1800 289 8822 or email notices@sph.com.sg to book your advertisement in our newspapers now. I i i Releasing a financial statement? Call 1800 289 8822 or email noticesOsph.com.sg to book your advertisement in our newspapers now.43 words
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INDIA
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Article, Illustration638 2004-10-07 17 Plunging prices make high-speed Internet service affordable Reuters [BANGALORE/NEW DELHI] Broadband Internet access growth is due to explode in India next year to one million subscribers, as plunging prices make high-speed Internet service affordable, the head of a big equipment supplier saidReuters; BLOOMBERG - 638 words
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305 2004-10-07 17 Investment plan is biggest ever by a foreign firm in India AFP [NEW DELHI] South Korean steel giant Posco is to invest US$B.4 billion in setting up a steel plant in India with annual output capacity of 10 million tonnes,AFP - 305 words
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233 2004-10-07 17 AFP [SEOUL] LG Electronics said yesterday it aims to make India its second-larg-est global production base after China by boosting sales there ten times by 2010. LG chief executive officer S S Kim said the company plans to invest another US$l5O millionAFP - 233 words
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337 2004-10-07 17 AJOY SEN - By AJOY SEN in New Delhi INDIAN stocks are soaring and brokers predict factors contributing to a bull run are likely to persist for some time more. The key 30-share BSE Sensex is likely to cross 6,200 points by year-end, predicted broker337 words
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Advertisement1031 2004-10-07 17 ID LTD Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Raffles Town Club, Dunearn I, No. 1, Plymouth Avenue, Singapore *****3 on Thursday, October 28, 2004 at 10.00 a.m. for the following purposes: AS ORDINARY BUSINESS 1.1,031 words
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Advertisement1556 2004-10-07 17 SSjK UON ASIAPAC LIMITED KfJIl (Co. Reg. No. *****0586R) jVflßm (Incorporated in the Republic of Singapore) NOTICE OF 34 th ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 34* Annual General Meeting of Lion Asiapac Limited (the "Company") will be held at The Conference Room at 10 Arumugam Road1,556 words
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ASIA-PACIFIC/WORLD
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Article, Illustration820 2004-10-07 18 ANTHONY ROWLEY - Forget the IMF —Asia should go it alone now JAPAN INSIGHT ANTHONY ROWLEY Tokyo Correspondent IF ANYONE needed persuading of the merits of Asia and other places having their own regional monetary funds, as well as regional development banks, the annual meetings last week in Washington of the International Monetary820 words
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Article, Illustration685 2004-10-07 18 Defence contractor denies claims that it paid for hotel stays, chartered jets AFP [LONDON] Britain's biggest defence contractor, BAE Systems, allegedly paid millions of dollars into a slush fund worth as much as £60 million (*****.6 million) for a leading memberAFP; BBC - 685 words
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Article, Illustration542 2004-10-07 18 NYT [WASHINGTON] Trading barbed attacks both personal and political, Vice-President Dick Cheney and Senator John Edwards each took liberties with the record in Tuesday's debate. And, as with the presidential debate last week between George W Bush and John Kerry, factNYT; AFP - 542 words
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399 2004-10-07 18 NYT [NEW YORK] In August, in the days leading up to the Google public offering. David Menlow was among those warning investors they should steer clear of the stock, which the company had declared was worth US$lOB to US$l35 a share. In oneNYT - 399 words
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NOTE BOOK
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Article120 2004-10-07 18 Bloomberg [SYDNEY] Rupert Murdoch's News Corp said it may strengthen corporate governance provisions after investors and shareholder groups said they will vote against the company's proposed move to the US if shareholders' rights are diminished. The Australian Council of Superannuation Investors, which represents 32 pensionBloomberg - 120 words
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65 2004-10-07 18 Bloomberg [BANGKOK] Thai Prime Minister Thaksin Shinawatra replaced Defence Minister Chettha Thanajaro after criticism that his government was failing to stem violence in the Muslim-dominated southern provinces. Dr Thaksin also removed Agriculture Minister Somsak Thepsutin as the nation contends with bird-flu outbreaks. Mr Somsak will becomeBloomberg - 65 words
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Article92 2004-10-07 18 AFP [MOSCOW] Russia's justice ministry yesterday said the Yukos oil giant has paid three-fourths of its 2000 tax bill but still had billions more to pay in outstanding debts that analysts said would require asset sales. News reports quoted the justice ministry asAFP - 92 words
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77 2004-10-07 18 AFP. Reuters [WASHINGTON] The US yesterday opened an aviation dogfight with Europe, scrapping a 12-year-old accord and filing a complaint with the World Trade Organization over European subsidies to Airbus. The European Union said it would respond with its own case. US TradeAFP.; Reuters - 77 words
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271 2004-10-07 18 [LONDON] Seven out of 10 of Britain's top 350 companies have made boardroom changes in the past year but the number of women making it to director level has not risen, reports The Guardian citing a survey by accounting firm Deloitte. Based on271 words
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THE BUSINESS TIMES SHIPPING TIMES
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AVIATION
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300 2004-10-07 20 Reuters [WASHINGTON] Bankrupt US Airways took a crucial step towards securing US$3OO million in concessions from its pilots union late on Tuesday when leaders of the labour group said they would forward a plan to cut wages and benefits toReuters - 300 words
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228 2004-10-07 20 Xinhua [JAKARTA] Singapore Airlines' regional subsidiary SilkAir may open new routes to link Singapore with the Indonesian towns of Yogyakarta and Pekanbaru, in a bid to tap the growing tourist demand, an SIA official has said. SIA Indonesia general manager Hew Chen Chiet was quotedXinhua - 228 words
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Article395 2004-10-07 20 AIRLINE CODES :AA American Airlines (AAL). AF Air France (AFR). Al Air India (AC) AY Fmnair Oy (FIN), AZ Alitalia Airlines (AZA). BA British Ajrwavs Public Ltd Co (BAW). BG Biman Bangladesh Airlines (BBC). Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU). BR395 words
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Article, Illustration80 2004-10-07 20 [LARNACAJA special police officer, helped by a sniffer dog. inspecting a Lufthansa passenger plane at Larnaca International Airport, Cyprus, where it was diverted after the airline received a bomb threat on Tuesday. The 331 passengers and 18 crew on board were evacuatedfrom the Boeing 747. which had beenAP - 80 words
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495 2004-10-07 20 Five-year benefits for 3,700 fired workers may cost 500m euros Bloomberg, Reuters [ROME] Alitalia, Italy's largest airline, reached a government-brokered agreement with its labour unions that will allow the carrier to cut about 3,700 jobs and gain funding for a plafeBloomberg,; Reuters - 495 words
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411 2004-10-07 20 AFP [SYDNEY] A veteran 67-year-old Australian pilot said yesterday he was finally considering retirement after surviving his second crash into the middle of the Pacific Ocean in four years. Ray Clamback was picked up on Tuesday by a containerAFP - 411 words
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LOG BOOK
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108 2004-10-07 20 Bloomberg [WELLINGTON] Air New Zealand, the nation's biggest airline, plans to reduce its maintenance staff by 100 workers, or about 5 per cent, because of a decline in business. "We are facing a shortfall in work in the near term" at the maintenance division,Bloomberg - 108 words
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70 2004-10-07 20 Reuters [LONDON] British Airways, Europe's second-biggest airline, said on Tuesday it expected premium passenger traffic growth to return to positive territory in October. "We would be pretty comfortable to see premium traffic in the month going forward being back in positive territory," BA's head ofReuters - 70 words
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97 2004-10-07 20 AP [LONDON] The subway link between London and one of the terminals at Heathrow Airport will be shut for 20 months for construction work, London Underground announced on Tuesday. The company said trains would not rim to Heathrow's Terminal 4 starting Jan 7AP - 97 words
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293 2004-10-07 20 Bloomberg [KUALA LUMPUR] Malaysian Airline System Bhd, the country's biggest carrier, said it has received board approval to hedge a bigger part of its fuel costs to offset the surging price of oil, which will help it remain profitable this year. MalaysianBloomberg - 293 words
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SHIPPING
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Article, Illustration745 2004-10-07 21 NT$134b budgeted to build new berths, improve facilities at five ports Bloomberg [TAIPEI] Taiwan's government plans to spend NT$4OO billion (Ss2o billion) in the next four years building railway lines and expanding ports to improve the island's public infrastructure, according to theBloomberg; FILE PHOTO - 745 words
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Article281 2004-10-07 21 SGX '000 oat s$ vd CH Offshore .(U1 0.01 5919 Oman Hup .0.64 0.01 5298 Cosco Investment 1.07 0.05 ***** CWT Distribution 0.55 -0.01 406 EzriHkJgs _.1.10 -0.01 365 Freight Unks 0.10 unch 147 Grand Banks Yacht .0.80 unch 0 Java Holdings 1.04 0.01 2039 K1 Venture .028281 words
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274 2004-10-07 21 AP [CHERBOURG, France] Two ships carrying a transatlantic shipment of US plutonium arrived in a port on the northwestern French coast yesterday. Escort helicopters provided security as a small flotilla of boats from environmental group Greenpeace led a peaceful protest against the arrival of theAP - 274 words
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270 2004-10-07 21 Bloomberg [HONG KONG] Cosco Pacific Ltd, a port-operating unit of China's largest shipping company, said it is in talks about investing in a container terminal at the Belgian port of Antwerp to expand its business. "The company is in negotiations with shareholders of theBloomberg - 270 words
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287 2004-10-07 21 Reuters [TOKYO] Japan's biggest shipping company, Nippon Yusen KK, said yesterday it will raise spending on vessel procurement for the five business years to 2007/08 to one trillion yen (5515.2 billion), up 30 per cent from an earlier plan. It hadReuters - 287 words
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460 2004-10-07 21 GEORGE JOSEPH - Both vessels had received warnings: MPA By GEORGE JOSEPH [SINGAPORE] The waters of Singapore saw another mishap when two ships collided early yesterday morning just 5.5 km south of Changi, despite warnings given by the vessel traffic information service (VTIS). The collision sparked460 words
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218 2004-10-07 21 [LONDON] The French operator of an oil tanker has agreed to pay US$l.5 million to resolve allegations that a spill seven years ago resulted in injury to natural resources. "The compensation paid by France Shipmanagement would help us realise the goal of restoring218 words
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Page 21 Advertisements
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Advertisement338 2004-10-07 21 Now even more reasons to fly Qatar Airways Spoiled for Choice! i FREE DUTY FREE Fly Business Class between Ist August and 30th November and receive a Duty Free Voucher with our compliments Business class passengers will get USD 80 worth of duty free shopping voucher which can be also338 words
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EDITORIAL & OPINION
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Article513 2004-10-07 22 EDITORIAL IN the last few weeks, the Singapore Airlines group has embarked on a significant cost reduction exercise. The airline began last month by announcing that it was retrenching or outsourcing non-core functions such as finance and IT divisions, affecting about 200 staff. During the same513 words
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Article, Illustration878 2004-10-07 22 NEIL BEHRMANN - Rugby World Cup-winning coach Clive Woodward has distilled his winning philosophy into a book NEIL BEHRMANN London Correspondent WHAT do sportsmen have to teach businessmen? A lot, if you ask Clive Woodward, the coach who drove a once defeatist English rugby team to World Cup gloryAFP FILE PHOYO - 878 words
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Article282 2004-10-07 22 CLIVE Woodward enjoys quoting and showing videos of great personalities. For example he played a video with a quote from Theodore Roosevelt a former president of the US. The video was used to counter bitter disappointment when his team was defeated by Ireland some years282 words
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Article, Illustration785 2004-10-07 22 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THE recent surge in oil prices to roughly US$5O a barrel teaches some useful lessons. One is that surprises happen. A year ago, futures contracts predicted today's price would beThe Washington Post Writers Group - 785 words
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Article, Illustration1995 2004-10-07 23 STEPHEN ROACH - India's leaders are intent on taking the manufacturing path to growth, ignoring the possible route of services, in which it already excels STEPHEN ROACH BACK in India for the second time in five months, I was eagerly awaiting the drive to Pune. On my first trip, IAFP - 1,995 words
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Page 23 Miscellaneous
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Miscellaneous114 2004-10-07 23 CRYPTIC CROSSWORD 1 Head of choir soon becomes a 4 Current assertion of private JHHHH' IHHT 4 Noteasy to grasp by sailors on 5 Row about a horse, perhaps, SHbE SB jKf 8 Has and looks hap- 6 She's concealed by a fag at YESTERDAY'S SOLUTION DOWN catch the boss114 words
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Article3409 2004-10-07 24 STRAITS TIMES INDEX STOCKS Sttxfc name Wrt dose Change Stock nm« m Qou Change Allgreen 50c 0.31 1.110 *0.010 NOL 2.13 2.990 +0.050 BIL Intl US20c 0.46 0.985 -0.010 OCBC 10.74 14.200 +0 100 Capita Land 1.18 1.760 -0.010 Parkway H 25c 0.65 1.400 +0.050 Chart SemiCond 26c3,409 words
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Article2805 2004-10-07 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES tn local cm hiSS HUM dy %r *<*y *<** Oct 5 lnd«» Change Chang* Chan— Chame Change Oianqt Wcrid Index Prrtmmaty 809.7 0.1 4J) 0.0 2 2 02 3.1 lEAFE Preliminary 7473 0.2 6.6 0-2 3-5 04 4.3 EuwoePwirongy 102 3J 03 572,805 words
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Page 26 Advertisements
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Advertisement1041 2004-10-07 26 I IMPORT I NORTH AMERICA I f~| I AySTRAUAINEW ZEALAND I SUPER SHUTTLE EXPRESS (SBX) AUSTRALIA ASIA EXPRESS (AAX) jm *21 Yissn 1 voy 1 one syd mel adl I fre sin m OOCL HAMBURG 05W37 19/09 07/10 OMH Aft (MXICO 27N IS/09 17/09 29/09 01/10 05/10 10/10 11/10 PtO1,041 words
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Advertisement853 2004-10-07 26 IINTIKASIA KOKO ttXVKt VBSB/VOT mOPQCT) «GHTW) PRC KH LO SM *T STKAiTS VENTURE /12 15 3.2 02/10 07/10 10/10 12/10 STRAITS VENTURE/13 15 3.2 14/10 14/10 21/10 24/10 24/10 STRAITS VEWTUKE /14 15 3.2 21/10 31/10 04/11 07/" W/ll IWMT AHA/MNOAi KOKO fVS vtssa/vor mmkkt) hewhtw) tok m khh mini853 words
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Page 27 Advertisements
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Advertisement883 2004-10-07 27 jytOi. Combines a range of shipping modes to ensure timely, rotable services covering major ports m worm America, Europe, Japan, Asia, Africa Oceania. Abe eccapt fcrtrr Ada Uryms t* For Schedules, BL Searches, and Container Tracking, visit on our Home www.homburQsud.com HAMBURC^^6fjD ■WISt»VIg(KPO«T) Httfar. |6S) 6???-2M3_ —ft™ w r 0883 words
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Advertisement1206 2004-10-07 27 Hxsbhhui vtssa yoTrsiNi^pKG SB^sSfeS"^ -1 5- as Si I I lpww« 1 ESH •Mh|Nß-MdSneor Ism mo IHSK |VBS£L|VOV TT 1 JKT VICTORY 1 432t 10/101 H/lOl' J 19/10 21/10 IKW DYMAMK 071S VIO 11/10 WBTHMOOt W 17/10 IS/jo y° MM jj*g IN DAM EX DELAWARE 001E 24/1012S/101' 2/11 4/11 DYNAMK1,206 words
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Advertisement907 2004-10-07 27 w WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS VtSSfl IVOT I SH IPJUANGICOIOHBO M.SKVA COLOIWO wr»»lD6t 002W MOO 0600 WOO I2OQ lififl Ausmmmoet oosow 1100 1300 it 00 noo boo KOIAPHtWIKA YfWOSI HOP 2000 23Q0 2tOO 2100 tWPHA GANDHI QM7W 2SOO 27 00 3000907 words
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Advertisement1143 2004-10-07 28 luAf WALLENIUS WILHELMSEN website: http://www.2wglobal.tom LK MAO HOW MIA SAV XI Off HTC IKW MOO TOM AMIO 4001 ms I 6.3* I 07/10 10/11 13/11 12/11 16/11 TAMERLANE AF42O 1320T«u I 6.4 M I 16/10 09/11 11/11 25/11 26/11 01/12 29/11 03/12 22/11 TAIKO I Af42l 1 420T—» 6.4 M1,143 words
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Advertisement805 2004-10-07 28 VBSfl 32L ESI JESa XQI SH XI nctutoA Ul® -M 07/19 pac »AU na OftZIA 10/10 est 2301 MM? ez/lfi 09/10 AIABIiTA? 1112 11/14 UZlfl PAOAHPA Hl* OfZlO 0»/10 PACIMTAH 32bl U/lfl »/»> Sum Ill« »£jj 19/io _4m 16/10 "/'O p*c »*wda ma uzu ii/io csf 2301 o#4!f io iq805 words
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Advertisement481 2004-10-07 28 BSA x MYANMA BH FIVE STAR LINE (Myanmar National Line) Loading for Yang on VESSEL VOY SIN PKL KM PGU PAGAN 332W SU> HPA-AN 326W 26/09 IN MAUTSIA: IOUSTEAD SHIPPING AGENCIES Kill: 03-*****300 PKL: 03-*****101 PIN: 04-2****** ACCEPTING CONVENTIONAL C6O HKG SM HKG SIN PGU PKL KUC MARINE STAR 60481 words
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BizIT
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Article, Illustration670 2004-10-07 29 RAJU CHELLAM - It has roped in 20 firms in its VoIP trial for a new solution to be launched next year, as RAJU CHELLAM reports RAJU CHELLAM US TELECOMS giant AT&T Corp plans to offer VoIP (Voice over Internet Protocol) services to its corporate customers670 words
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517 2004-10-07 29 RAJU CHELLAM - By RAJU CHELLAM THE dream of making cheap or even free long-distance phone calls using the Internet will put increasing pressure on the traditional telcos as more companies look at ways to save money on their IDD calls, according to517 words
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Article, Illustration422 2004-10-07 29 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY HANDHELD device maker palm One, buoyed by news that it has bucked the general downward trend in the region, has raised the stakes further with a new highcapacity offering. Its latest Tungsten T5 handheld comes with a massive 256 megabytes of internal422 words
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Article, Illustration632 2004-10-07 29 MSN TV 2 can pipe pictures, video and music from PC to TV LAT-WP [NEW YORK] Still looking for a comfy seat in the living room of the future, Microsoft Corp on Tuesday unveiled a device that shuttles video and music between a computerLAT-WP; AP - 632 words
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PROPERTY
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Article, Illustration1119 2004-10-07 30 ANDREA TAN - Leasing agents say upturn due to influx of expats as MNCs start hiring again. ANDREA TAN reports ANDREA TAN JUST as the other sectors of the market have bottomed out, the residential leasing market has shown signs of improvement too. "The rental market isGraphic:BEN CRUZ - 1,119 words
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Article, Illustration474 2004-10-07 30 VINCE CHONG - Move to One Raffles Quay augurs well for interest in BFC By VINCE CHONG THE office market is rumbling, with ABN Amro set to take up 160,000 square feet of space at One Raffles Quay come January 2007. This is the largest leasing transaction474 words
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Article, Illustration461 2004-10-07 31 VINCE CHONG - BT exclusive It hopes to help niche hotels market rooms to global travel wholesalers By VINCE CHONG HOMEGROWN hotel management company Furama Hotels International (FHI) is eyeing a stronger regional footing and hopes to corner a market catering to niche hotel owners. The low-profile461 words
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1340 2004-10-07 31 Brought to you by HSBC M PROJECT NAME/ PROP CONTRACT TENURE BUHT-MANO PRICE PSF STREET NAME TYPE DATE AREA*(SQFT) (SSOOO) (S$) District 01 Non^byxfed Emerald Gdn Apt 03/09/2004 999 1001 785 784 Emerald Gdn Apt 27/*****4 999 829 670 808 Emerald1,340 words
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369 2004-10-07 31 ANDREA TAN - Condo owners hoping developers will bite this time By ANDREA TAN OWNERS at Dragon View Park are hoping it will be third time lucky for them. The freehold condo at River Valley is up for collective sale again. This time the owners369 words
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261 2004-10-07 31 LISTED Media Stream Ltd, which is in the midst of a reverse takeover, has put up its flagship building for sale. The Media Stream Building in Tampines is an industrial property last valued at around $7 million or $68 per square foot (psf)261 words
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Page 30 Advertisements
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Advertisement153 2004-10-07 30 JONESLANG I wheelock '■■—ifliUMlii PLACE At Nathan Road, In Prime District 10 orchard bouievaiip •2 adjoining land parcels totaling 23,313 sqft aiwb"epubuc of elypt •Invitation to buy 1 or 2 parcels Plot Ratio 2.8 "71 gl M C •5 minutes to Orchard CBD fs/£/ •Exclusive location close to embassies §3153 words
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Advertisement94 2004-10-07 30 DRAGON VIEW PARK Prime district 10, off River Valley Rd Land Area: 125,133 sq ft approx. Freehold, zoned "Residential" PR: 2.1, up to 24 storeys Central and tranquil hilltop location Subject to Strata Titles Board approval For enquiries and tender documents, please call: ifWßfflß Peggy Tan 6531 8540 Tay Liam94 words
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Advertisement95 2004-10-07 30 Australia Now Zealand Property lwveaU»aiil t Duriwsss Opportunity Ono of New Zealand's largest development and investment companies is looking for business partners who are interested In hslpino Sinoaporeans enter New Zeftianttfs profitable Investment industry. Substantial training and hsnde-on support provided. Free information evening at the Royal Plaza on Scotts, Tuesday95 words
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Page 31 Advertisements
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Advertisement87 2004-10-07 31 Got the right home? Now get the right home loan. Buying a house in Singapore is a heavy investment. However, you can still have the freedom to live life the way you want, with HSBC home loans. Enjoy these benefits when you take up an HSBC home loan: Competitive interest87 words
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MADE IN SINGAPORE
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Article, Illustration774 2004-10-07 32 CHEN HUIFEN - Heng Long is one company taking advantage of the excellent infrastructure here to supply the fashion and luxury industry, finds CHEN HUIFEN CHEN HUIFEN THE next time you see a Hermes handbag sporting crocodile leather, take note. That exquisite reptile leather could have beenARTHUR LEE - 774 words
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Article, Illustration617 2004-10-07 32 DANIEL BUENAS - By DANIEL BUENAS SINGAPORE'S labour and land costs may be higher than those of regional countries, but mainboard-listed Design Studio Furniture Manufacturer chief executive Bernard Lim believes that there are still compelling reasons to keep at least some manufacturing capabilities here. "Our mindset isARTHUR LEE - 617 words
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Page 32 Advertisements
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Advertisement127 2004-10-07 32 ■•>.-. Count on us for full support I A formidable partnership offers the perfect platform for success. For over 135 years, i| our Commercial Banking customers have leveraged on our experience and our network spanning 76 countries and regions. Our local experts can help with a variety of J; H127 words
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