The Business Times, 26 March 2005
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2005-03-26
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The Business Times
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Title Section16 2005-03-26 1 THE BUSINESS TIMES weekwed SINGAPORE 85 cants MICA(P)OO9KB/2005 March 26-27, 2005 online at http://business-times.asial com sg16 words
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1055 2005-03-26 1 ARTHUR SIM - Size has been whittled down to near 1,000 sq ft from 1,500 sq ft 10 years ago By ARTHUR SIM [SINGAPORE] Honey, I Shrunk the Condo would have been a funny headline for this article if not for the fact that homes in Singapore really are1,055 words
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Article, Illustration672 2005-03-26 1 KALPANA RASHIWALA - By KALPANA RASHIWALA [SINGAPORE] The ageing Lucky Plaza shopping mall on Orchard Road will get an $8 million makeover that will see its facade extended outwards on the second level and the introduction of five outdoor kiosks, among other things. The672 words
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Article, Illustration439 2005-03-26 1 LIZA LIN - By LIZA LIN [SINGAPORE] Soon, comics aficionados may no longer have to go to a bookstore to get their regular fix. Starting early next month, they might get some of their favourite titles via their mobile phones, using general packet radio service439 words
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Article117 2005-03-26 1 MARKETS Friday Chang* KLSECOMP 883.40 +1.01 NIKKEI 225 11.761.10 +1S.13 HANG SENG Closed SET INDEX ***** +2.26 JAKARTA COMP Closed MANIA COMP Closed SEOUL COMP 965.30 +8.97 SHENZHEN B 259.68 -0.53 BOMBAY INO Closed At 11 wn EST Change DOW Closed NASDAQ Closed PRIME RATES SINGAPORE 5.25 MALAYSIA.117 words
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Page 1 Advertisements
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Advertisement26 2005-03-26 1 SINGAPORE 85 cents FIF Fkshion queen Tina n II lauadtosliercfwnlabd /y RIGHT TIME TO INVEST Residential property prices are climbing out of the doldrums pg 1126 words
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Advertisement9 2005-03-26 1 a FOOD Efi&casene. is that an Easter chocolate? K239 words
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Advertisement81 2005-03-26 1 ■HH RAFFLES CONVERSATION KifihoreMahbabanion n i „j J~-- Singapore and tne wond order Benetrating the Japanese market Wm\ be a tough proposition. In a Bfpage spread today; BT looks makes the country tick, Snwit's heading and hew \9 jjafcpce investors can capitalise ill yitMft business opportunities. BT ONLINE For the81 words
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TOP STORIES
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Article, Illustration742 2005-03-26 2 RONNIE LIM - SATURDAY SOAPBOX When packaged with projects such as the casino, the argument for motor racing packs quite a punch RONNIE LIM Energy Editor IT IS undoubtedly a sport of kings, as well as would-be Michael Schumachers, regardless of whether they are behind742 words
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537 2005-03-26 2 JOYCE KOH - Deemed interest arises from shares owned by 2 investment funds Reports by JOYCE KOH [SINGAPORE] The deemed interests of Temasek Holdings and the Economic Development Board (EDB) in troubled mobile phone services provider Accord Customer Care Solutions (ACCS) were revealed yesterday for the first537 words
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Article526 2005-03-26 2 SGX goes on the electronic offensive THE emergence of electronic trading platforms means global exchanges can increasingly compete for a share of Asia's derivatives business, which is reported to have accounted for 40 per cent of the world total by contract numbers last year. Fighting for a share526 words
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493 2005-03-26 2 [SINGAPORE] Scrutiny of shareholdings within the Temasek Holdings stable of companies looks set to be stepped up in line with the increased focus on corporate disclosure. Announcements yesterday afternoon revealed that Temasek and its subsidiaries hold deemed stakes in Accord Customer Care Solutions (ACCS), CNA493 words
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Article, Illustration592 2005-03-26 2 Reuters [SEOUL] Singapore and South Korea will sign a free-trade pact next month that will cut tariffs on growing trade between the rival Asian manufacturers of high-end electronics, the South Korean finance ministry said yesterday. It will be the second such dealReuters; AFP - 592 words
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RAFFLES CONVERSATION
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Article, Illustration1266 2005-03-26 3 VIKRAM KHANNA - Kishore Mahbubani scholar, diplomat, author and philosopher—has a keen eye for the slow shifts and nascent trends of history, says VIKRAM KHANNA VIKRAM KHANNA THE Economist magazine once called him "an Asian Toynbee", after the great historian Arnold Toynbee. The Washington Post referred to him as "the MaxCHRIS LOH - 1,266 words
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Article491 2005-03-26 3 VIKRAM KHANNA - By VIKRAM KHANNA "We are in the right place, doing the right thing at the right time," said Kishore Mahbubani, referring to the Lee Kuan Yew School of Public Policy, of which he became the dean last August. "Everybody knows that Asia's economies are rising.491 words
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696 2005-03-26 3 VIKRAM KHANNA - By VIKRAM KHANNA "IT'S a way of nudging a friend," says Kishore Mahbubani of his latest book. Beyond the Age of Innocence: Rebuilding Trust Between America and the World. The book is at once a paean to America's greatness and munificence as a beacon696 words
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Page 3 Advertisements
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Advertisement62 2005-03-26 3 Mb Raffles INTERNATIONAL Hotels Resorts 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 sustenance, the leaves rest62 words
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COMPANY NEWS
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Article, Illustration1066 2005-03-26 4 CORPORATE ANALYSIS It's launching more regional indices and luring trading arcade operators, reports SIOW LI SEN TRADING of Asian derivatives has become hot And Singapore's derivatives community is very much in the box seat, with global exchanges trying to win its business. Driving this1,066 words
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Article, Illustration422 2005-03-26 4 SIOW LI SEN - By SIOW LI SEN LEE Seng Wee turns 75 next year, hitting the age at which OCBC Bank has previously said its directors should retire as part of the Hoard's renewal process. The Lee family owns more than 23 per cent of422 words
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464 2005-03-26 4 JOYCE KOH - But two other deals announced in July last year remain By JOYCE KOH STARTECH Electronics has lost one of the "Ferraris" that were supposed to steer the troubled company back on to the growth highway. The Sesdaq-listed firm said on Thursday night that its proposed deal464 words
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452 2005-03-26 4 RONNIE LIM - By RONNIE LIM A SOUTH Korean company that uses Singapore as its main global oil trading outpost plans to further boost the local $13 billion-a-year operations. LG-Caltex Oil Singapore which becomes GS-Cal-tex Singapore from March 31 under a corporate restructure expects to452 words
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Advertisement801 2005-03-26 4 Cdl loQ-frec 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF (A) DESIGN PREFABRICATE SERVICES PTE LTD (Co. Reg. No *****1018E) (B) HUA KOK RESOURCES PTE LTD (Co. Reg No. *****0568N) (C) HUA NING DEVELOPMENT PTE LTD (Co. Reg. No. *****6259G) (D)801 words
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Advertisement464 2005-03-26 4 To qdltoll frt* 2*9Bm/*mM*moticts9*pk.coi ®YHI INTERNATIONAL LIMITED (Company No: *****7455H) (Incorporated in the Republic of Singapore on 26 August 2000) YHI NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company will be hald at Jurong Country Club, 9 Science Cantra Road, Singapore464 words
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PERSONAL INVESTMENT
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Article, Illustration1624 2005-03-26 5 TEH HOOI LING - SHOW ME THE MONEY If you can time the market, the smaller stocks are excellent to achieve greater returns. The difficult part is calling the highs or lows TEH HOOI LING Senior Correspondent WHAT are we to make of the creature called Sesdaq? Contrary toFILE PHOTO - 1,624 words
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Article994 2005-03-26 5 For week beginning Mar 21 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS SMW I W HI) Mo HUUttMOlttWGTram ftwiMMii 31 Shm Mm AJJg Stock Pan Mmtor Caa* 'BBB SVS fBMt r»W> Excelpotnt 22-Mar-OS Aibart Phuay Yooa Hen 5*41 3000 0.17 *****6 56.16 5 5" LafeTech 22-Mar-05 Christopher Ho WlrvgOn Buy994 words
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Article345 2005-03-26 5 JOYCE KOH - Compiled by JOYCE KOH Kim Eng Holdings March 24 dose: $133 NRA CAPITAL March 23 MALAYSIA has awarded five foreign stockbroking licences, but Singapore's Kim Eng Holdings missed out Indeed, none of the new licensees are from Asia. They are: CLSA (France), Macquarie (Australia), ÜBS (Switzerland), CSFB (US)345 words
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BT INVESTMENT ROUNDTABLE
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Article, Illustration2734 2005-03-26 6 OVERVIEW IT was at end-February that the chairman of US Federal Reserve, Alan Greenspan, uttered his now famous "conundrum" comment After each pronouncement by the chairman of the US Federal Reserve, the financial community scrutinises everything he says for days, to divine what he really means. So2,734 words
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SINGAPORE INTERNATIONAL
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Article, Illustration1944 2005-03-26 7 CHUANG PECK MING - You need deep pockets to have a presence there, which is critical if you want to crack its tough market, says CHUANG PECK MING CHUANG PECK MING AS the world's second biggest economy, Japan has vast business opportunities to offer. But until recently,foreigners just could not getAFP - 1,944 words
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Article, Illustration1266 2005-03-26 8 ANTHONY ROWLEY - Future uncertain unless domestic demand is restored or Japan embraces Asian economic community, says ANTHONY ROWLEY in Tokyo ANTHONY ROWLEY TWENTY years ago. Dutch journalist Karel van Wolferen wrote a book entitled The Enigma of Japanese Power, in which he expounded the theory that Japan was somehowREUTERS - 1,266 words
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Article, Illustration945 2005-03-26 8 CHUANG PECK MING - By CHUANG PECK MING IT'S like having the Economic Development Board (EDB) and the International Enterprise Singapore under one roof. Jetro, or the Japan External Trade Organisation, started out as Japan's official trade promotion body like IE Singapore here. Today, more than four945 words
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Article, Illustration1150 2005-03-26 9 CHUNG TZE KHIN - LETTER FROM JAPAN And a new 'international' Japan is emerging, blending the old with the new, says CHUNG TZE KHIN. The country will emerge even stronger in due course, especially with the current economic upturn. CHUNG TZE KHIN IN 1853, Commodore Perry led five blackAP - 1,150 words
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BUSINESS TIPS
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Article103 2005-03-26 9 LIM CNIANG - By LIM CNIANG The writer is special adviser, Jetro Investment in Japan Programme JAPAN has brought to the world transistor radios, instant noodles, digital cameras, manga and many other innovative products. But business in the Land of the Rising Sun is somehow shrouded in myth. Many companies have, over the103 words
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Article106 2005-03-26 9 There is nothing more important than thorough planning when a company wants to do business in a foreign land. Japan, being the world's second largest market, is a prime target for marketers from all over the world. Japanese companies are spoilt for choice when it comes to striking106 words
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Article82 2005-03-26 9 Investors must be firmly committed to their plans. As the Japanese are very thorough in their evaluation of their partners, decision-making often takes longer. Investors must, therefore, be ready for the long haul, stay focused and take one small step at a time. We often recommend setting up a82 words
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Article144 2005-03-26 9 The cost of doing business in Japan has fallen substantially from the heyday of the bubble economy. Nevertheless, Tokyo remains an expensive city, being one of the world's leading financial centres and a huge metropolis. It is often difficult to stretch the Singapore dollar far in Japan,144 words
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Article161 2005-03-26 9 Starting a network and getting it going is probably one of the more tricky aspects in Japanese business. The Thakral Group, for example, traces its business relations with Japan all the way back to the 1930s. This relationship as well as the goodwill is a cornerstone of its161 words
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Article88 2005-03-26 9 Trust is of paramount importance in Japan where harmony is highly treasured. Since the market is very competitive and fast-paced, investors will often have to trust their partner's judgment of the market situation. For example, if the life cycle of a product is one year in Singapore, you will88 words
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Article106 2005-03-26 9 Flamboyance is not a characteristic of the Japanese. Investors sometimes have to look deep below the surface to find the intrinsic value of their partners. However, once a business relationship is established, the Japanese parties often prove to be worthy and loyal partners. Their unassuming demeanour frequently belies106 words
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Article181 2005-03-26 9 The Japanese are generally rigorous when they evaluate their partners. They will go to great lengths to make background checks. This sometimes gives foreign investors the impression that the Japanese party is slow in decision making. Furthermore, in a market characterised by stiff competition and information181 words
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Article, Illustration1469 2005-03-26 10 ANTHONY ROWLEY - Accelerating FDI inflows in 2004 could be the turning point for Japan's hollowed-out economy, says ANTHONY ROWLEY in Tokyo ANTHONY ROWLEY IN a remarkable reversal of established trends, inflows of foreign direct investment (FDI) into Japan exceeded outflows last year as US and other foreign firmsAFP; Source: - 1,469 words
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Advertisement30 2005-03-26 7 This monthly series on Singapore companies overseas is jointly brought to you by The Business Times and IE Singapore THE BUSifSS TIMES The next series will appear on April 3030 words
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Page 9 Advertisements
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Advertisement72 2005-03-26 9 Tze Khin was posted to head IE Tokyo Office as its Centre Director in April 2003. Educated in Japan, he obtained his Masters degree in Business Administration from the gßfljl International University of Japan under the Matsushita I Panasonic scholarship. Tze Khin also holds the highest level in I Japanese72 words
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PROPERTY
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Article, Illustration1229 2005-03-26 11 VINCENT CHONG, JANICE DING - Residential property prices are climbing out of the doldrums, say VINCENT CHONG and JANICE DING VINCENT CHONG, JANICE DING LOOKING to invest in Singapore residential property? Now may be a good time. Prices are starting to emerge from the bottom, having fallen by over 15 perFILE PHOTO; Source: Urban; FILE PHOTOS - 1,229 words
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Page 12 Advertisements
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Advertisement985 2005-03-26 12 district 02 jMMwBBW 1 DISTRICT 16 I I CONSERVATION stroll to Nanyonq c, <l ulslte Blll L"** OardM VWfj rcso/TsoT^ft. f Semi-d Freehold 2/storey with roof t £§11 4f Spacious 4+l maid's I BWn 3-Storev 9 A#dr#w M terrace Wlth 4 bathrms 3300/3000,4*1 rms Land 19,350/ M Car porch Can985 words
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Page 13 Advertisements
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Advertisement3087 2005-03-26 13 B\ DOl-08 PPh DO9-10 ORCHARD/ ffh DOS-10 ORCHARD/ DOS-10 ORCHARD/ fffl 009-10 ORCHARD/ WK DOS-10 ORCHARD/ fffk Dl2-14BALES71ER/ WQk Dl2-14BALEST1ER/ Ok Dl 9-20 SERANGOON/ Rh £22-24 W^ J CITY a SOUTH-WEST MM TANGUN/ HOLLAND LU TANGUN/HOUAND ||y TANGUN/HOLLAND TANQUN/HOLLAND MM TANOUN/HOLLAND LgJ MACPHBSOWIANG tEJ MACPHERSON/GEYIAN6 QD THOMSON |pr PTEAFTS-SALE F3,087 words
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JOBS
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Article, Illustration499 2005-03-26 14 Investors speculate that Mark Tucker might sell firm's stake in online bank Egg Reuters AFTER nearly 20 years, Mark Tucker has realised his ambition to lead Britain's secondlargest listed insurer Prudential, but for the former professional footballer it is only the kick-off.Reuters; BLOOMBERG - 499 words
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214 2005-03-26 14 PANALPINA, the logistics company, has announced a flurry of new appointments in its team of managing directors (MD), all of which take effect immediately. Markus Mu*cke, formerly the area MD far South Asia, J»cfmes area MD for Southern China and Taiwan. Mr Muecke's former position is214 words
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148 2005-03-26 14 Bloomberg [HONGKONG] HSBC Holdings, Europe's biggest bank by market value, hired former Citigroup Inc managing director Ferdy Khouw as head of fixed income sales for Asia-Pacific. Mr Khouw starts at HSBC in Hong Kong on April 26 and will report to Tarun Kataria, the bank'sBloomberg - 148 words
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275 2005-03-26 14 Reuters [NEW YORKI Morgan Stanley plans to hire about 2,400 trainees for its retail brokerage this year and is ■part of effcrtstoMHpmi&e loss of broke^md-tttfrte the business. Chief financial officer David Sidwell said the ranks of brokers fell in part because MorganReuters - 275 words
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EXECUTIVE MOVES
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72 2005-03-26 14 TONY Cousens took over on March 21 from Eddie Tan as general manager of the Marina Mandarin, part of the Meritus Hotels Resorts group. Mr Cousens was previously with Four Seasons Hotels and Resorts in North America from 1975 to 1985, and was general manager of72 words
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Article, Illustration59 2005-03-26 14 LUA Cheng Eng (above), corporate adviser to SembCorp Marine, has been appointed chairman of the SembCorp Marine board from March 22. Mr Lua was chairman and a director of SembCorp Marine previously known as Jurong Shipyard from January 1992 to May 1999. He is a senior adviser59 words
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Article125 2005-03-26 14 SEOW Choke Meng will relinquish his circulation portfolio and take over as executive vice-president, administration, and oversee the Information Resource Centre of Singapore Press Holdings from May 1. He will retain his appointment with the Chinese News Division but will be re-designated executive vice-president of125 words
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Article70 2005-03-26 14 ANNE Pappas has been appointed director of marketing at CNBC Asia-Pacific from next month. Based in Singapore, she will be responsible for the network's marketing strategy throughout the Asia-Pacific. In addition to reviewing the network's brand strategy, she will work with the sales department70 words
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Article90 2005-03-26 14 BRETT Burton, 33, has taken charge of Empire Country Club in Brunei. Also known as "Yogi", Mr Burton will oversee sporting and recreational facilities, including an 18-hole, Jack Nicklaus-designed floodlit golf course, spa, gymnasium, ten-pin bowling alley, marine centre, tennis, badminton and squash courts. Mr90 words
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Article, Illustration117 2005-03-26 14 DBS Group Holdings (DBSH) has announced the appointment of Ang Kong Hua (above) to the boards of DBSH and DBS Bank. Mr Ang is executive director of Nat Steel Ltd and has been with DBS for six years. He is responsible for establishing the117 words
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276 2005-03-26 14 Bloomberg [LONDON] Buyout firm 3i Group Pic will open an office in China next month and has hired Anil Ahuja from JPMorgan Partners Advisors Ltd to head a new India office. Mr Ahuja, currently chief executive of JPMorgan Partners in Singapore, will joinBloomberg - 276 words
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Article, Illustration838 2005-03-26 14 AP [JERUSALEM] Israel's high-tech industry for years the country's main engine of growth is suddenly losing out to competition from India and other cheaper locales. Thousands of jobs have already been lost. But many Israeli companies say they have foundAP; REUTERS - 838 words
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Page 15 Advertisements
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Advertisement1444 2005-03-26 15 a step ahead of the rest? i exceptional earning potential, comprehensive training, international opportunities Robert Walters has long been admired as a pioneering and innovative force in the dynamic and competitive world of recruitment. The Group now employs more than 1000 people worldwide and has 21 offices in 13 countries.1,444 words
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MALAYSIA/INDONESIA
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Article, Illustration1027 2005-03-26 16 SHOEB KAGDA - Saratoga may soon become a major player in Indon power and energy By SHOEB KAGDA in Jakarta BACK in 1998 when blood was flowing on the streets of Jakarta and other major cities in Indonesia, two men got together and formed1,027 words
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403 2005-03-26 16 Budget revisions put 2005 amount at 39.8t rupiah Reuters [JAKARTA] Soaring oil prices are prompting Indonesia to consider doubling its projected 2005 oil subsidy, despite raising domestic petroleum prices this month, a document obtained by Reuters showed on Thursday. The Opec memberReuters - 403 words
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191 2005-03-26 16 [KUALA LUMPUR] A Malaysian consortium led by Maxcorp Development Sdn Bhd has entered into an agreement with one of Pakistan's largest developers, Bahria Town (Pvt) Ltd, to develop a RM3.2 billion (Ssl .39 billion) township in Islamabad, The Star reported. The other consortium191 words
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Article, Illustration416 2005-03-26 16 Reuters [KUALA LUMPUR] Malaysia must cut its budget deficit further and work harder to spur the private sector before it can earn another sovereign credit upgrade, credit rating agency Standard Poor's (S&P) said yesterday. "The pace seems to have slowed slightlyReuters; FILE PHOTO - 416 words
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Page 16 Advertisements
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Advertisement21 2005-03-26 16 ___Lianhe Zaobao m I plans I I /for I I Singapore I I listing I I 4>!i£fiit£iJ I I H»rt)D#±m I21 words
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GREATER CHINA/INDIA
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Article, Illustration789 2005-03-26 17 ASIAN MOVIE SCENE Lack of distribution channels and tough censorship laws hurt movie makers AFP [HONG KONG] Hong Kong's ailing film industry should be celebrating. On the eve of its annual awards ceremony tomorrow and in the centenary yearAFP; AP - 789 words
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Article, Illustration475 2005-03-26 17 Reuters [MUMBAH India's entertainment industry, led by the fast expanding television business, is likely to grow 165 per cent to 588 billion rupees (5522.1 billion) by 2010, an industry report said this week. The exponential growth in the leisure industry comprising TV, film,Reuters; AFP - 475 words
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349 2005-03-26 17 Regulator aims to maintain 'proper' surplus: official Bloomberg [BEIJING] China's investment of its US$6lO billion foreign-exchange reserves, the world's second-biggest after Japan, has been "satisfactory", and the country will never engage in speculation, a regulatory official said. China's reserves are mostly invested in highlyBloomberg - 349 words
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NOTE BOOK
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147 2005-03-26 17 Bloomberg {BEIJING] China Construction Bank said Guo Shuqing, head of the country's foreign exchange regulator, has been appointed as the lender's new chairman. Mr Guo, 48, replaces Zhang Enzhao, who quit last week amid media reports of a corruption probe. He was elected afterBloomberg - 147 words
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Article81 2005-03-26 17 Reuters [SHANGHAI] Minsheng Banking Corp, China's first private lender, said it had won regulatory approval for a planned share sale and listing in Hong Kong that may raise up to US$l billion. The China Securities Regulatory Commission has approved an initial public offering, notReuters - 81 words
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109 2005-03-26 17 Reuters [MUMBAI] India's Infrastructure Development Finance Co Ltd is planning a public share issue to raise capital to step up the financing of transport, power and telecoms projects, its chief executive Rajiv Lall said. "We have a comprehensive new business plan for which we haveReuters - 109 words
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Article115 2005-03-26 17 Bloomberg [NEW DELHI] General Electric Go's GE Money unit may buy a bank in India, as it seeks to expand its consumer lending business in the country, said Scott Bayman, who heads the company's Indian business. The company is waiting for theBloomberg - 115 words
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469 2005-03-26 17 Bloomberg [MUMBAI] The Indian government plans to spend US$2O billion over the next five years upgrading airports and expanding two state-owned airlines to win passengers from the regional hubs of Singapore and Dubai. The government will also sellBloomberg - 469 words
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ASIA-PACIFIC/WORLD
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Article, Illustration822 2005-03-26 18 CHRISTOPHER REED - Is Jocko just wacko or perverted? LIGHT REED To convict the rich and famous American icon of sexually molesting a boy is a mighty challenge CHRISTOPHER REED THE widespread perception that Michael Jackson is just a weirdo may, some observers say, work to his advantage in his trial in California822 words
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353 2005-03-26 18 Reuters AFP [NEW YORK] A deadly explosion at BP's huge refinery near Galveston, Texas, will open up the world's second-biggest oil company to liabilities that could run into the billions of dollars, experts said on Thursday. The blast at the 71-year-oldReuters; AFP - 353 words
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Article, Illustration583 2005-03-26 18 Industry hopes for turnaround with player's success Bloomberg [TOKYO] Japan's US$l6 billion golf industry has shrunk by nearly a third in the past decade, but it is now hoping for a boost from 19-year-old Ai Miyazato. The youngest Japanese golfer to win US$l millionBloomberg; AFP - 583 words
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Article, Illustration411 2005-03-26 18 Goldman denies report that it wants to buy Seibu Bloomberg [TOKYO] Seibu Railway Co will raise 400 billion yen (556.2 billion) by selling assets and seeking investors to help pay 28 per cent of its debt in four years, a committee appointedBloomberg - 411 words
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WORLD WATCH
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Article63 2005-03-26 18 Bloomberg [NEW YORK] Adelphia Communications Corp has offered to pay US$725 million to resolve US criminal and civil fraud investigations. A settlement would bring chief executive William Schleyer closer to reshaping the company and may help him complete a sale to repay creditors. The cable-TVBloomberg - 63 words
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Article71 2005-03-26 18 Bloomberg [NEW YORK] General Electric Co increased its forecast for first-quarter profit by 1 cent a share, citing "solid growth" and a sale of a US$2.6 billion stake in its life-and-mortgage-insurance unit GE, which is shifting resources to faster-growing businesses such as consumer and commercial finance,Bloomberg - 71 words
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Article92 2005-03-26 18 Reuters [TOKYO] Chipmaker Renesas Technology Corp yesterday said it would invest about 100 billion yen (551.55 billion) by March 2007 to expand production capacity at its plant in eastern Japan. Satoru Ito, the company's incoming chief executive, told Reuters that Renesas would likely post lower salesReuters - 92 words
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Article102 2005-03-26 18 AFP [TOKYO] Den Fujita, dubbed Japan's "father of hamburgers" for introducing McDonald's here more than three decades ago, left US$462 million to his family, tax office data showed yesterday. Mr Fujita, who died of heart failure in April last year at the age of 78, leftAFP - 102 words
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Article99 2005-03-26 18 AFP [SYDNEY] Four times more women than men were killed in some areas hit by the Indian Ocean tsunami and will have long-lasting effects, says a report due to be released today by Oxfam Community Aid Abroad International. It says the impact of the Dec 26AFP - 99 words
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Article93 2005-03-26 18 Bloomberg [RIO DE JANEIRO] Mark Mobius, who manages US$l7 billion in emerging-market assets at Templeton Asset Management, said developing nations' securities are poised to rebound. "We're probably going to see a recovery because valuations are still very attractive," said Mr Mobius in a telephone interview fromBloomberg - 93 words
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MOTORING
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Article, Illustration359 2005-03-26 19 SAMUEL EE - Personal urban transport doesn't always have to be of the budget variety. SAMUEL EE drives a chic super-mini from Japan SAMUEL EE DAIHATSU may not have had a winning model here in more than a decade but if it intends to make a comeback, it couldn't have chosen359 words
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Article, Illustration717 2005-03-26 19 JOE YEO - Before the Daihatsu Sirion came to town, two other Japanese-made runabouts were already in the showroom. JOE YEO checks them out JOE YEO SUZUKI SWIFT THE Suzuki Swift's unique styling is derived from the carmaker's Concept S2 design that first appeared more than two years ago.717 words
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Article, Illustration362 2005-03-26 19 SAMUEL EE - Two spacious but otherwise very different models were introduced this month. SAMUEL EE has driven both SAMUEL EE HIGHWAY Star may sound like the latest limited edition Adidas shoe but it's actually a variant of a rather unusual MPV the Nissan Presage. The newest large multi-purpose vehicle362 words
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Article, Illustration383 2005-03-26 19 LIKE the smaller 9-3, the Saab 9-5 has added a "meaner" model to its line-up the 9-5 Troll slotting neatly between the standard 9-5 and the top-of-the-range Aero. The main aim of the Troll is simple to understand. In terms of looks and appeal, it is383 words
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GOLF
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Article, Illustration975 2005-03-26 20 ADRIAN QUEK - Male golfers tend to be obsessed with their length off the tee. Can big drivers help them to measure up? ADRIAN QUEK reports ADRIAN QUEK WHEN it comes to gadgets, we have a general fascination for extremes in size big house, big screen TV, small PDA, compactREUTERS FILE PHOTO - 975 words
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Page 20 Advertisements
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Advertisement199 2005-03-26 20 Wine&dine withweekendBT Ah Hofs Kitchen Buffet lunch available on weekends and public holidays. according to their needs. The selection caters to I II Enjoy a wonderful spread of exotk Thai farei Traders Hotel Poolside, (above Tcmgtt&mmM For birthdays, registration of marriages or baby's connobseurs alike at prices WWm Level 4,199 words
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WELLNESS
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Article, Illustration1023 2005-03-26 21 CHEAH UI-HOON - Art therapy is effective as humans reveal more of themselves through drawings, reports CHEAH UI-HOON CHEAH UI-HOON FOR his counselling sessions, David (not his real name), in his 20s, would spend a substantial amount of time drawing, rather than talking. During which time, his therapist, Caroline Essame, observedARTHUR LEE - 1,023 words
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Article26 2005-03-26 21 i Transaction date: Mar2s For a full listing of the closing prices, log on to BT Online at http://business-times.asial.com.sg after 11.30pm every trading day26 words
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SHOPPING
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Article, Illustration1140 2005-03-26 22 CORINNE KERK - Fashion queen Tan-Leo, who launches her own label tomorrow, also eyes overseas markets, says CORINNE KERK CORINNE KERK YOU'LL still see her appearing on the pages of society magazines always stylishly put together. But look beyond the charming smile and fashionable togs, and you'll find Tina Tan-Leo a1,140 words
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Article, Illustration239 2005-03-26 22 CORINNE KERK - By CORINNE KERK MORE than two years after FJ Benjamin (FJB) launched Raoul its in-house label for men the upmarket fashion retailer is adding a ladies' line to the shirt brand. Douglas Benjamin, FJB's managing director, said there have been239 words
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IN STORE at the malls
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Article, Illustration143 2005-03-26 22 IF you've had enough of scrambling for your earpiece while driving, and then having to untangle the wire, it's time to consider getting a bluethooth handsfree plug-in car kit. FreeWay is one of the latest car kits around which comes with caller ID and a privacy mode (when143 words
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Article, Illustration121 2005-03-26 22 IT belongs to the new generation of electric toothbrushes that use sonic technology. And thanks to its ultra high bristle speed ('three times faster than the other power toothbrushes'), the Philips Soicare Elite toothbbrush comes with a guarantee that you'll have naturally whiter teeth and healthier gums121 words
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Article, Illustration79 2005-03-26 22 Mike Chua, Cheah Ui-Hoon - Compiled by Mike Chua, Cheah Ui-Hoon USE it or display it, the Ulster Weavers tea pot set from UK is designed to impress. It is a mix-and-match set which can comprise a tea pot ($48.80), milk jar ($19.80) and snack tray ($34.80). Also availble in the range is79 words
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Article, Illustration141 2005-03-26 22 BEAR lovers take note! This is your chance to pick up a 16-inch Droopy bear from the. North American Bear Company and give to charity at the same time. The bear is the focus of arts company Act 3 International's first charity fundraising initiative launched as part of141 words
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TRAVEL/FOOD
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Article, Illustration979 2005-03-26 23 GEOFFREY EU - The Picasso Museum is proof that fine art can help to dispel negative perceptions about a place, says GEOFFREY EU GEOFFREY EU THERE'S nothing quite like having a famous native son to give a posthumous plug to a lesser-known city and help to put it on the lucrative979 words
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Article, Illustration680 2005-03-26 23 PEPPER LEE - By PEPPER LEE WHO'S to say you can't have a decadent Sunday to sweeten the long Good Friday weekend? We scope out some venues which have turned themselves into Easter bunny havens for both the young and the young at heart. Equinox Restaurant, Swissotel The Stamford A smorgasbord680 words
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Article, Illustration463 2005-03-26 23 PEPPER LEE - By PEPPER LEE WHAT'S Easter without the sinful chocs? For one day this year well, this week at least indulge without feeling a tinge of guilt. And judging from the myriad newfangled chocolate creations this year, you would be hard-pressed to recognise this calorie-laden463 words
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FOOD
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Article, Illustration1721 2005-03-26 24 GEOFFREY EU - GEOFFREY EU meets three intrepid restaurant owners striking out on their own, fuelled by a clear vision of what they want and where they're going GEOFFREY EU THERE is no shortage of food enthusiasts in a food-obsessed town like Singapore, but those who decide to take theCHRIS LOH - 1,721 words
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Page 24 Miscellaneous
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Miscellaneous180 2005-03-26 24 CRYPTIC CROSSWORD .14 Catechism arranged according YESTERDAY'S SOLUTION DOWN to plan (9) Across: 1 Tyke, 3 Quid pro quo, 8 1 Caretaker takes dog on a hill 16 Finished after only half the dis- wheeze, 9 Vanguard, 10 Seethe, (7) tance and stretched out (9) 11 Sumatran, 12 Drumbeat, 14180 words
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