The Business Times, 9 August 2005

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Total Pages: 51
1 52 The Business Times
  • 15 1 THE BUSINESS TIMES Tuesday, August 9,2005 MICA (P) 089/03/2005 SINGAPORE 85 cents online at http://business-times.asial.com.sg
    15 words
  • 512 1  -  Strong fundamentals enable S'pore to face future with confidence, he says in N-Day speech By JEAN CHUA [SINGAPORE] The economy expanded 4 per cent in the first half of this year and is on track to grow 3.5 to 4.5 per cent for
    512 words
  • 714 1  -  Japanese prime minister stakes political future in next month's poll By ANTHONY ROWLEY j in Tokyo JAPAN will go to the polls on Sept 11 after Prime Minister Junichiro Koizumi yesterday made good on his threat to call a snap election if
    714 words
  • 173 1 Compiled by BT Japan** JJy 4,2005: Postal retam package dears lower House of RafSament by five votes Aug 2005: Upper House rejects reform blby 125 votes to KB < IAMNPOST Comprises Japan'Vpostal service* and savings and insurance systems. It has about 25,000 branches employs 400,000 people
    Compiled by BT  -  173 words
  • Page 1 Advertisements
    • 40 1 AIR SERVICES S'pore, Jakarta ink deal to expand services PG2 BT ONLINE Access to BT Online is free after 6pm each day. But print subscribers can access our online news anytime. Call 6388-3838 to subscribe and activate your online account.
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    • 19 1 .m -J. SME SPOTLIGHT ■BjfflßnPSP pays off for Jets Technics p■Hi PGII 81! ill Markets Digest on Pg 2
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    • 113 1 VIEWS FROM yP&M THE TOP CEOs' wishes for Singapore's 40th m- r M im PROPERTY KL luxury condo Avare going for RM9OO-I,ooopsf PG 28 Singaporeans at work and at play Make sure you get Bfs National Day special section, Land of Opportunity that comes with your paper today Breguet. La
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  • TOP STORIES
    • 347 2  -  Extra privileges for Garuda and full-service S'pore carriers By VEN SREENIVASAN [SINGAPORE] Singapore and Indonesia yesterday signed a memorandum of understanding on expanded bilateral air services. The pact inked by Transport Ministry permanent secretary Choi Shing Kwok and Indonesia's di-rector-general of air
      347 words
    • 302 2 Asian specialists share strategies for good investing [SINGAPORE] Some of Asia's leading financial experts will gather under one roof to reveal their strategies for successful investing. And you are invited to be in the audience. "Strategies for Successful Investing" organised by Citibank will
      302 words
    • 130 2 sn 2.34&21 (+934) ST INDEX FUTURES 2,335.00 (+9.00) smsa 279.86 (+1.60) SIMSQfUTURES ***** (+0.80) MARKETS Monday Chang* KLSECOMP 948.02 +4j61 NKKEI225 11.778.98 »12.50 HANG SENG 15,108.94 +57.62 SET INDEX ***** +0J1 MKARTACOMP 1.158.59 -15.50 MANILA COMP 1,974.83 -0.77 SEOUL COMP 1.086.64 -2.72 SHENZHEN 8 239.49 +0.96 BOMBAY IND
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    • 450 2  -  Presidential aspirant calls his first press briefing to set record straight By CHEN HUIFEN [SINGAPORE] Presidential hopeful Andrew Kuan yesterday came out fighting in his first press briefing since announcing his to run for the presidential ele<steit«iaBt«veek. During the one-hour session at the
      TERENCE TAN/ST  -  450 words
    • 573 2 27,700 jobs created in second quarter MORE jobs were created and fewer lost in all major sectors of the economy in the second quarter of this year. Total employment rose to more than 2.25 million as 27,700j0bs were added. But the unemployment rate at the end of Q2
      573 words
    • 590 3  -  Unemployment rate up a tad at 3.4% from Q1's 3.3% By NANDE KHIN [SINGAPORE] More jobs were created and fewer lost in all major sectors of the economy in the second quarter of this year. Total employment rose to more than 2.25 million as
      590 words
    • 465 3  -  Pressure from rising crude oil prices is being felt Reports by RONNIE LIM [SINGAPORE] Prices of all oil products except diesel have surged in tandem with crude, which hit a record intraday high of USs6r2.9o a barrel yesterday. Motorists were hit with
      465 words
    • 167 3 [SINGAPORE] A 40 per cent petrol price discount is-land-wide today to celebrate Singapore's 40th birthday? It sounds plausible, given the spirit of the day, and the last big petrol discount of 26 per cent in June. But don't bet on it. An
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  • Page 2 Advertisements
    • 636 2 CWT DISTRIBUTION LIMITED (Company Registration No.: *****0496 M) The Directors of CWT Distribution Limited wish to make the following announcements: ANNOUNCEMENT UNAUDITED RESULTS FOR THE SECOND QUARTER ENDED 30 JUNE 2005 Three months Six months ended 30 June ended 30 Jane 2005 2004 2005 2004 SS'OOO SJ'OOO Change SVOOO Ssooo
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  • VIEWS FROM THE TOP
    • Article, Illustration
      2251 4 THIS WEEK'S TOPIC What do you wish for Singapore on her 40th anniversary? SINGAPORE has done exceedingly well in the last four decades progressing from Third World to First World status. It is a remarkable achievement in 40 years for a nation without any natural resources and with
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  • Page 4 Advertisements
    • 88 4 BT CEOs e-Club Members of the BT CEOs e-Club are Singapore's top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust This'dub'is a virtual one with interaction mainly via e-mail. Each week, we will invite comments from these top executives on various
      88 words

  • COMPANY NEWS
    • 516 5  -  Sale seen fetching $605 m for firm whose stake will fall to 44.5% By JOYCE KOH TEMASEK Holdings yesterday said that it has placed out shares in Capita Land, cutting its stake in the property giant by 7.5 percentage points to 44.5 per cent in
      516 words
    • 409 5 Reuters CREATIVE Technology Ltd, whose Nomad and Zen MP3 players aim to compete with Applets iPod, probably swung to a quarterly loss and wrote off unsold stock, after consumer demand softened and stiff competition hit margins. Creative also suffered in the September quarter as
      Reuters  -  409 words
    • 656 5  -  HOCK LOCK SIEW By SIOW LI SEN IT WAS a tiny item in the newspaper stating that Bank Negara had refused to renew the appointment of Sulaiman Abdul Rahman Taib as executive chairman of RHB Capital, Malaysia's third largest banking group. While
      656 words
    • 598 6  -  FINANCIAL RESULTS Profit slid 31% to $100.6 m in Q2, in absence of one-time gain By SIOW LI SEN GREAT Eastern Holdings (GEH) said yesterday its second-quarter earnings fell 31 per cent to $100.6 million, hurt by lower investment income and a drop
      FILE PHOTO  -  598 words
    • 308 6  -  By UMA SHANKARI DESPITE improved profits from its core business, Orchard Parade Holdings saw an increase in its net loss for the second quarter of this year as it was bogged down by lower contributions from associate Yeo Hiap Seng. The group announced
      308 words
    • OTHER EARNINGS
      • 107 6 KOREA-BASED, Singapore-listed Pan Ocean Co saw its second quarter 2005 net profits rise by nearly 27 per cent, to US$lOB.5 million on the back of US$7BO.l million in revenue, up 34 per cent over the same period last year. The group's 2005 half-year profits stand
        107 words
      • 59 6 CWT Distribution posted a 225 per cent rise in second quarter earnings to $2.3 million and a 9 per cent increase in quarterly turnover to $63.4 million due mainly to contributions from its non-vessel operating common carrier business and logistics services unit. For the first
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      • 81 6 SING Investments 8t Finance posted a 46 per cent rise in first-half earnings to $4 million as its operating revenue for the half year rose 18.1 per cent to $17.2 million. Despite the expected slowdown in economic growth and the continuing competition in the
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      • 79 6 MA1NBOARD-USTED AGVA Corporation registered a first-half net loss of US$93,000, due to a competitive business environment, higher raw material and energy costs, as well as operating costs. This was however buoyed by a 34.1 per cent jump in revenue to US$ 12.29 million, driven by
        79 words
      • 75 6 SESDAQ-USTED construction and engineering group BBR Holdings yesterday posted all 9.8 per cent surge in H1 net profit to $1.52 million, resulting in earnings per share of 0.14 cents on a diluted basis. This follows a 39.78 per cent jump in revenue to $58 million.
        75 words
    • 241 6  -  By CHLOE CHOY MAINBOARD-LISTED Super Coffeemix Manufacturing has posted positive growth in second-quarter and first-half net profits. For the second quarter ended June 30, it reported al5 per cent jump in net profit to $5 million, following an 8 per cent rise in revenue
      241 words
    • 303 7  -  IPO WATCH Memory product maker hopes to expand in China Reports by RACHEL LIN MALAYSIAN manufacturer of memory products Advance Modules took its first step towards a mainboard listing here, lodging its preliminary prospectus with the Monetary Authority of Singapore yesterday. Advance Modules, which started
      303 words
    • COMPANY BRIEFS
      • 84 7 GREATRONIC yesterday announced that its new chairman, James Hong Gee Ho, has closed his offer to acquire remaining shares in the company which he does not already own. The white knight to the troubled firm had triggered a mandatory conditional cash offer to the
        84 words
      • 90 7 JARDINE Matheson Holdings said its group strategy director Brian Keelan died suddenly on Saturday while on holiday in England. Mr Keelan joined Jardine Matheson in' 2001 after a career in investment banking and was an executive of the group's Hong Kong-based management company. Mr
        90 words
      • 80 7 VIBROPOWER Corporation's UK subsidiary, Indamex, has won a Queen's Award for Enterprise in Britain for its exceptional growth. Since Indamex was bought by VibroPower in February 2002, its sales have risen nearly five-fold. It accounted for $9 million of VibroPower's revenue of $85.15 million
        80 words
      • 68 7 SNP Corporation has bought an extra 1.2 million shares in its Hong Kong-listed subsidiary, SNP Leefting Holdings, for HK$l.54 million (*****,000) in cash. The shares were bought on the open market at an average price of HK$l.3O apiece and will be financed
        68 words
      • 54 7 810-TREAT Technology said it has won a BOT (build-operate-transfer) wastewater treatment project bid for a water treatment facility in Jiangsu Province. The total investment cost of this project is estimated to be about US$lO million, and construction is expected to start at end-2005 and be,
        54 words
      • 45 7 PACIFIC Internet president and chief executive Tan Tong Hai has resigned, effective tomorrow, to pursue new challenges. Mr Tan joined the company in March 2001. and is credited for turning the company around in the first quarter of 2002.
        45 words
      • 75 7 Bernama SINGAPORE-BASED private equity group Hupomone Capital Partners wants to promote its maiden fund, Flagship Capital Fund, more aggressively in Malaysia but without any target figures, Hupomone chief executive officer Chan Kok Pun said yesterday. To-date, Kumpulan Modal Perdana, a Ministry of Finance Inc company,
        Bernama  -  75 words
    • 203 7 TWO companies launched their preliminary prospectuses yesterday for an initial public offering here. Local marine electrical products supplier BH Global Marine and Chinese nylon fibre manufacturer China Sky Chemical Fibre are eyeing a mainboard listing. China Sky, which manufactures and supplies
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  • Page 5 Advertisements
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  • Page 6 Advertisements
    • 1547 6 TAncHono J? JL Tan Chong International Limited mt.rn.tion.i (Incorporated in Bermuda with limited liability) INTERIM RESULTS 5. Dividends The Board of Directors (the "Board") wishes to announce the gj x months ended following unaudited results of the Group for the six months ended 30 j une 30 June 2005. 2005
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  • Page 7 Advertisements
    • 316 7 CaUtoO-frce 1800 289 8822 |Miotkes®sph^comjS^^ JPMorgan O J.P. Morgan International Derivatives Ltd. (Incorporated in Jersey with limited liability) NOTICE TO WARRANTHOLDERS To all holders of 31,500,000 European Style Cash Settled Call Warrants relating to the ordinary shares of Singapore Telecommunications Limited (SING TEL JP ECW*****7) (the "Warrants Notice is hereby
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    • 3 7 3jt at. VPH
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  • SINGAPORE MARKETS
    • 513 8  -  STOCKS Oil and gas as well as previously sold-down stocks like Singapore Telecom are in play TEH HOOI LING Senior Correspondent THE Singapore market snapped back after a three-day correction as investors scooped up more oil and gas stocks, as well as those which have seen
      Source: Bloomberg  -  513 words
    • TRADES TO WATCH
      • 355 8 IPCO International's substantial shareholder, Chng Gim Huat, has raised his stake in the infrastructure projects, turnkey engineering and construction company. Mr Chng bought 896,000 shares in the open market on Friday, raising his direct stake in the company from 8.44 per cent
        355 words
      • 48 8 9IIHI FERROCHINA'S vice-chairman and chief executive, She Chun Tai, bought 525,000 shares from the open market last Friday for $204,750, or 39 cents each. That has lifted his direct stake in the galvanised steel coil maker from 14.35 per cent to 14.51.
        48 words
      • 71 8  -  Compiled by JOYCE KOH COSCO Corp's independent director Wang Kai Yuen has pared his indirect interest in the company because of his wife's sale of the company's shares. Mr Wang's wife, Chan Sze Ming, sold 390,000 shares at $2.56 each last Thursday, and 27,000 shares
        71 words
    • Article, Illustration
      423 8 OTHER SINGAPORE INDICES Aug 8 VALUE CLOSE BT OB/OS -55.00 +78.00 BTCAPI -*****.00 +42.00 BT 10-day MA -*****.00 -6.00 AH-SG Equities 600.85 +2.95 SG Equities Elect 137.51 -0.63 SG Equities Fin 16%.04 +7.74 SG Equities Prop 663.32 +1.42 SIMSCI 279.86 +1.60 SiMSCI Futures 278.30 +0.80 MOST ACTIVE STOCKS VOLUME L&M1C
      423 words
    • Article, Illustration
      910 8  -  Compiled by JOYCE KOH Venture Corp August 8 dose: $15.50 DSS VtCKEIS SECURITIES, August 8 VENTURE'S earnings for 2Q05 were just above expectations. On a y-o-y basis, although reported 2Q05 earnings showed a decline, when non-itecurrent gains from the disposed stake in Avaplas and forex gains were excluded,
      Source: Bloomberg  -  910 words
    • 384 8 CURRENCIES Reuters AFP [SINGAPORE] Asian currencies weakened a tad yesterday after a stronger-than-expected US jobs report for July revived expectations that the Federal Reserve would raise interest rates throughout the year, boosting the dollar. The South Korean wort and Taiwan dollar
      Reuters; AFP; BLOOMBERG  -  384 words

  • SINGAPORE NEWS
    • 481 9  -  Late MP Harun Abdul Ghani to posthumously get top award By ANNA TEO BUSINESSMAN Kwek Leng Joo, Shell chairman Lee Tzu Yang and Hewlett Packard managing director Paul Chan are among 51 people awarded the Public Service Star in this year's National Day
      FILE PHOTOS  -  481 words
    • 363 9  -  By NANDE KHIN JAPANESE foodies are increasingly prepared to lap up Singaporean produce at home —just as long as it is made quick and easy for them to prepare. And an officially sponsored group from Japan has been spending two weeks here getting
      363 words
    • 229 9 TIRED of watching the National Day fireworks on terra firma? ONEIS Marina, the newest marina club on the block, commemorates today with a flotilla of around 10 luxury yachts cruising off Singa Buoy, allowing lucky passengers to view the heavenly pyrotechnics on the water. All
      229 words
  • Page 9 Advertisements

  • SME spotlight
    • 890 10  -  The cost of going public may tip the balance in favour of other options of raising capital. NG JIAK SEE highlights some considerations NG JIAK SEE DECIDING whether to take your company public is probably one of the most important decisions you need
      890 words
    • 951 11  -  Recycling rubbish has become a profitable business for S'pore-listed HK company Jets Technics. WEE LI-EN finds out what led it into the business WEE LI-EN MONEY grows from rubbish, it seems. But only if you know how to turn scrap*tyres and plastic waste into garden furniture,
      951 words
    • 419 11  -  By TEH HOOI LING NINE stocks in our portfolio put on such good gains that not only did they make up for the losses in the 12 other stocks in the portfolio, they also helped lift the portfolio's value such that it outperformed
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  • Page 10 Advertisements
    • 37 10 ■^iHMabM^^^^l u* f vft 1 tl^ A^t^a^B^fTT^ffWWniWrSff^^B m^ l fffT,, J .rlmi^E^SAMßM^MM^^^B I tii ;rri Sl^ i > «^7/■ ISfIS '^Egpih, If W .k;-PHK > fet. f,< T^x«lH '.:',A.-'\: 1 saiMM r v ,> j I. ::;■!?N'^^^g*jtaw.^.--■., v.:\ ..;;:j.. ,'g^®|
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  • Page 11 Advertisements
    • 135 11 ■l^HH^^^l NEC RFID solutions provide your customers a perfect fit every time. gp& l~ n How can a department store improve customer relationship management? Ask NEC RFID (Radio Frequency Identification) solutions. Customers simply hold their IC tag to the reader and their details are retrieved from the system's database. Every
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  • ECONOMY WATCH
    • 589 12  -  In about-face, economist says that high savings were warranted and restructuring worked By ANNA TEO [SINGAPORE] Investment bank Morgan Stanley which has long been critical of Singapore's high savings and other policies, and generally bearish on its long-term prospects now reckons the country's economic strategies "are
      589 words
    • 2321 12 vol General Corp .0.43 -0.01 126 Aug 8 m» *1- (-000) Gentinq .20.50 0.50 685 George Kent .0.62 0.01 56 A M Realty 1.44 unch 0 GHL Systems .0.22 unch 382 At** 0 39 unch 22 GlobetronicsTedi 0.40 0.01 1427 ACP Industries 0.71 undi 0 GlomacBhd 1.61 unch
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    • 470 12 Continual raising of rates have not slowed spending Bloomberg [NEW YORK] The Federal Reserve's nine straight in-terest-rate increases since June 2004 failed to change one fact: Money is still on sale in America. It's been at least 32 years since
      Bloomberg; BLOOMBERG  -  470 words
    • 358 12 Bloomberg [KUALA LUMPUR] Malaysia's industrial output rebounded in June as companies such as Unisem (M) Bhd and Dell Inc produced more semiconductors and laptop computers to fill rising overseas orders. Production at factories, mines and utilities grew 3.4 per cent from a year
      Bloomberg  -  358 words
  • Page 12 Advertisements
    • 106 12 BWHH Winning strategies to prepare your I V«1 Kifl IKv IrlElWll HI Hi HW mm business for the unexpected I BLwTm m B Wtk. m Mi Learn how can 1 Equip your business for big MP change in the global business landscape BP f M Examine the drivers that promote
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  • MALAYSIA/INDONESIA
    • 378 13 It's third to express interest after Team Monorail and Cascadia Monorail [KUALA LUMPUR] MTrans Holdings Sdn Bhd, the parent company of monorail operator KL Infrastructure Group Bhd, is keen to participate in the development of a US$l.6 billion second monorail system in the
      378 words
    • 577 13  -  INDONESIA INSIGHT SHOEB KAGDA Jakarta Correspondent THE Association of Southeast Asian Nations (Asean) turned 38 yesterday and according to Indonesian President Susilo Bambang Yudhoyono, the regional grouping can now be associated with "the high noon of maturity and stability". Delivering the Asean Lecture,
      577 words
    • 297 13 [SHANGHAI] Berjaya Sports Toto Bhd (BToto) is believed to have been given the green light to launch 1 Perm, a betting game similar to Pan Malaysian Pools Sdn Bhd's I Box, The Star reported yesterday. Sources told Starßiz the approval
      297 words
  • Page 13 Advertisements
    • 132 13 lIKKRCHER Simply clean. Karcher, one of the world's largest manufacturers of cleaning most reliable choice in undertaking the delicate task of cleaning the equipment, proudly announces its co-operation with the National monument Park Services to clean the granite sculptures of past US presidents Peter's Square in Rome (Italy), Statue of
      132 words

  • GREATER CHINA
    • 537 14 Deal would mark milestone for BOC as it prepares for 2006 IPO Reuters [SHANGHAI] Four foreign investors will spend US$6 billion for nearly a quarter of the Bank of China (BOC), as the nation's top forex lender prepares a multi-bil-lion-dollar public
      Reuters  -  537 words
    • 297 14 Reuters [SHANGHAI] Chinese search engine Baidu.com has guided 200 of its biggest shareholders to new riches, following a meteoric debut in New York. The ranks of newly wealthy included seven whose holdings exceeded US$lO million, the Oriental Morning Post reported, citing calculations based on
      Reuters; AP  -  297 words
    • 442 14 Its China partner Huawei named as suitor in report Reuters Bloomberg [LONDON] British telecoms equipment maker Marconi Corp said yesterday it was in early stage talks which could lead to a takeover offer, sending its shares more than 15 per cent higher in
      Reuters; Bloomberg  -  442 words
  • Page 14 Advertisements
    • 137 14 HANDY ITEMS FOR THE HOME^ OKH Cord/Cordless Steam Iron RISIS Flying EXCLUSIVE TO TANGS XXV/ X\^rv/ BERNDES 6-pc Special Edition Titanium Cookware Set with Accessories SCHOTT ZWIESEL Diva Decanter Set DELONGHI Steam Driven Espresso Maker USUAL $699 USUAL $188 (Model: EC9) USUAL $199 HENCKELSS-pc Asia Competance Manicure Set SONA Induction
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  • INDIA
    • 394 15 SBI plans products to retain part of expats 1 deposits Reuters [HYDERABAD] State Bank of India (SBI), India's largest commercial bank, is planning new deposit, insurance and mutual fund products for expatriate Indians to retain some proceeds from a deposit maturing in November. SBI chairman AK Purwar said last Saturday
      Reuters; BLOOMBERG  -  394 words
    • 432 15 It starts to offer free-of-cost credit cards to expand market share Bloomberg [MUMBAI] ICICI Bank Ltd, India's biggest lender outside of government control and in which Singapore's investment company Temasek Holdings has a 9 per cent stake, expects to double
      Bloomberg  -  432 words
    • 297 15 Reuters [NEW DELHI] Bharti TeleVentures Ltd, India's top mobile services firm which is 30.8 per cent owned by Singapore Telecommunications Ltd, said yesterday that it aimed to improve customer service by outsourcing its call centre work to four firms in a
      Reuters  -  297 words
    • 200 15 Bloomberg [NEW DELHI] Reliance Industries Ltd, which owns the world's third-largest oil refinery, found gas between layers of coal in a mine in central India. V K Sibal, head of India's Directorate General of Hydrocarbons, said yesterday. Reliance's field, located in
      Bloomberg  -  200 words
  • Page 15 Advertisements
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      198 words

  • ASIA-PACIFIC
    • 595 16 Purchase would be biggest by foreign firm in China's Net industry: Forbes Bloomberg [HONG KONGI Yahoo! Inc executives yesterday declined to comment on a Forbes report that the company is in talks to buy a 35 per cent stake in Alibaba.com, China's
      Bloomberg  -  595 words
    • 349 16 Bloomberg [MANILA] The Philippine government said at least three groups will join bidding on Aug 12 for a 67 per cent stake in Philippine National Bank, a lender jointly owned with Lucio Tan, the nation's second-richest businessman. "A minimum
      Bloomberg  -  349 words
    • 405 16 Bloomberg [SEOUL] LG Card Co, South Korea's second-largest credit-card issuer, may be sold "soon" to enable creditors to recoup 4 trillion won (556.5 billion) of bailout funds, state-owned Korea Development Bank said. The Seoul-based card company's earnings are improving fast,
      Bloomberg  -  405 words
    • 4822 16 UNIT TRUSTS FUNDS Citi Pan-Europe Equity Find 1.271 CitiSelect Asia Tilt Balanced 1.42/ CitiSetect Asia Tilt Growth 139/ (S>**) OtiSdect Asia Tilt EnhGfth 132/ Star Europe Eqly! 0X111 ciSSHed Global Grow* 1.15/ Star Europe Bond -224/ citi Global Healthcare Ftml 0.9® Ser Ewope Bal UW go Gfc F« Srvcs Fuid
      4,822 words

  • WORLD
    • 451 17 Soaring fuel demand compounded by Mid-East fears Bloomberg AP [NEW YORK] Crude oil rose to an all-time record above US$63 a barrel in New York, as surging fuel demand strains US refineries and on concern about supplies from the Middle East. Exxon
      Bloomberg; AP; AFP  -  451 words
    • 433 17  -  Bank reports 20% rise in pretax profit to US$1.3b By NEIL BEHRMANN in London STANDARD Chartered's profits surged in the first half of the year boosted by good Asian performance and the acquisition of Korea First Bank. Its shares soared by 6.5 per
      433 words
    • 140 17 AP [TOKYO] In just four days, one million songs have been downloaded at Apple's new iTunes Music Store in Japan, the fastest pace for the service's launch in any of the 20 nations in which it is now available, including the
      AP  -  140 words
    • 227 17 Reuters [NEW YORK] Quest Diagnostics Inc said yesterday that it would buy Lab One Inc for US$934 million in cash, broadening Quest's reach in healthcare diagnostic testing. Under the deal, Lyndhurst, New Jersey-based Quest would acquire all outstanding common shares of Lab One for
      Reuters  -  227 words
  • Page 17 Advertisements
    • 1375 17 call toll free 1800 289 8822 Email: notice»»»ph.co«»g sga soci£t£ g£n£rale acceptance n.v. (Incorporated in the Netherlands Antilles with limited liability) NOTICE TO WARRANTHOLDERS To all holders of: (I) 100,000,000 European Style Cash Settled Call Warrants relating to the ordinary shares of Singapore Telecommunications Limited expiring on 17 October 2005
      1,375 words
    • 75 17 ME Rl TU MAN DARIN SINGAPORE Join us for the newly launched Executive Set Lunch on weekdays. Monday to Friday ofißf $26* per person vli mJ lmh»i MM RM* Menu changes daily with choice of courses. Reservations: 6831 6258/88 •Phce is subject to 10% service chaige and pnnailing government taxes
      75 words

  • AVIATION
    • 579 18 US$5b contracts for 42 planes signed, with more orders lined up AFP [BEIJING] Four Chinese airlines have signed contracts to buy 42 of Boeing's new-generation 787 planes worth US$5 billion, with more orders in the works, officials said yesterday. The deal involved
      AFP  -  579 words
    • 275 18 Bloomberg [TOULOUSE, France] Air France-KLM Group, Europe's biggest airline, said passengfer traffic rose 9.2 per cent last month wttavel to North America and Asia increased. The proportion of seats filled grew 3.2 percentage points to 85.2 per cent on a 5.1 per
      Bloomberg  -  275 words
    • 158 18 Bloomberg [FRANKFURT] Deutsche Lufthansa AG, Europe's second-largest airline, reported a 6.8 per cent increase in July passenger traffic as demand for long-distance flights grew. The carrier filled 77.9 per cent of seats, a 3.4 per-centage-point jump from a year earlier, after boosting capacity
      Bloomberg  -  158 words
    • 314 18 Bloomberg [SYDNEY] Star Alliance said it's in talks with Air India Ltd, Jet Airways India Ltd and Sahara Airlines Ltd to get one of them to join the world's largest group of airlines, extending its network to the second-most populous
      Bloomberg  -  314 words
    • 620 18 Intervention, to force pilots back to work, is imminent Bloomberg [SEOUL] South Korea's government is poised to step in to end a strike by Asiana Airlines' pilots, the third time it's invoking the power since 1969, amid concern the stoppage at
      Bloomberg; AP  -  620 words
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  • Page 18 Miscellaneous
    • 186 18 CRYPTIC CROSSWORD an Com payment (10) 9 its economy may be in imma- YESTERDAY'S SOLUTION nnwM ture hands! (6,8) Across: 1 Candlelight, 9 Riverside, "TV* 15 Showing no emotion, the 10 Armed, 11 Allies, 12 Bankroll, 9 ones man's innocent (9) 13 Hippos, 15 Hearties, 18 Spins shirt, (b) 15
      186 words

  • SHIPPING
    • 514 19 Higher East-West trade raises demand for sea freight bolstering shipment rates Bloomberg [TOKYO] Nippon Yusen KK, Japan's largest shipping line, said first-quarter profit rose 27.3 per cent as expanding trade between Asia, Europe and the US increased demand for sea freight and bolstered its shipment
      Bloomberg; BLOOMBERG  -  514 words
    • 307 19 Anderimar Shipping News [LONDON] The Ukrainian master of the UK-flag general cargo ship Hoo Tern has been sentenced to four months' jail for having excess alcohol in his breath. Volodymir Dushyn pleaded guilty to the offence, which occurred when he was in command of
      Anderimar Shipping News  -  307 words
    • 331 19 Excluding one-time charge, operating loss narrows Bloomberg [TOKYO] IshikawajimaHarima Heavy Industries Co, Japan's third-largest shipbuilder, said its firstquarter loss more than doubled because of a one-time charge to write down the value of its assets to fcomply with new accounting rules. Ishikawajima's loss widened
      Bloomberg  -  331 words
    • 190 19 AFP [HANOI] Vietnam's state-run ship builder will issue bonds worth US$5OO million this year to raise funds for key projects, including the construction of 15 vessels for a British company, officials said last week. "This offer will be launched in the third quarter
      AFP  -  190 words
    • PORT SHOTS
      • 95 19 [LONDON] A consortium of five companies is to study the standardisation of the interface between a secure container and data readers at ports and borders under a European Union-funded programme on securityrelated research projects. The project, which is led by Thales Research and Technology (UK),
        95 words
      • 111 19 Bloomberg [NEW YORK] Overseas Shipholding Group, the largest US oil-tanker owner, said second-quarter profit more than doubled as its expanded fleet outweighed a decline in shipping rates. The company's shares soared more than 8 per cent to a record. Net income rose to U*****.2
        Bloomberg  -  111 words
      • 82 19 [SINGAPORE] APL and APL Logistics, the container shipping and logistics units of Singapore's NOL Group, have established a new organisation in Turkey to handle their business activities. APL Transportation Logistics Ltd Sti, based in Istanbul and headed by country manager Bindalli Erkorol, took
        82 words
    • 294 19 SGX '000 Aug 8 St Vol CH Offshore 0.42 0.01 ***** Chuan Hup 0.93 0.01 4682 Cosco Corporation 2.57 0.02 4831 CWT Distribution 0.68 0.01 84 Ezra Hides 1.51 0.02 1503 Freight Links 0.08 urtch 229 Grand Banks Yacht 0.96 unch 0 Java Holdings. 1.19 0.01 775 K1
      294 words
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  • EDITORIAL & OPINION
    • 524 20 EDITORIAL JAPAN'S latest Defence White Paper appears to be casting China as the bogeyman for preemptively upgrading its military forces. The White Paper speaks of the need to "carefully evaluate whether the modernisation of China's military forces exceeds the level necessary for its national defence", which seems
      524 words
    • 1028 20  -  Rising yuan won't lift all boats and may even cost some American jobs By EDUARDO PORTER NYT OVER the last couple of years, a good number of economists, accompanied by a horde of American manufacturers, union leaders and politicians, have called
      NYT; PHOTOS: AFP  -  1,028 words
    • 771 20  -  THE BOTTOM LINE YOGI AGGARWAL IF anyone wanted evidence of how antiquated India's urban infrastructure is, the recent floods in Mumbai would have provided plenty of it. Indeed, Mumbai lived through a watery nightmare lasting from over a day in some areas to
      771 words
    • 998 21  -  Government-owned oil firms control 77% of the world's reserves, and are willing to spend more and accept lower returns By JUSTIN BLUM LAT-WP AS the world's thirst for oil increases, governmentcontrolled national oil companies are challenging international firms such as Royal Dutch Shell PLC
      LAT-WP  -  998 words
    • 888 21  -  By ROBERT H FRANK NYT WITH steroid violations and accounting chicanery so much in the news, one begins to wonder how honest individuals still manage to survive at all in competitive domains. Sanctions against violators obviously help, but what about the countless
      NYT; REUTERS  -  888 words
    • 293 21  -  LETTERS TO THE EDITOR Ang Hao Yao Singapore I REFER to your editorial, "Quarterly reporting revisited (BT, Aug 3). The writer listed several arguments against quarterly reporting, including increases in share price volatility, inducement of executives to "manage" profits, and short-termism. As an avid equities
      293 words
    • 675 21  -  Quek Soo Beng Singapore I REFER to the letter, "Estate duty helps tax system to be progressive" (BT, Aug 2), from Han Kok Juan of the Ministry of Finance in response to the article, "Time to put an end to estate duty" (BT,
      675 words


  • 10042 22 SGX MAINBOARD 52-Wk Tel Last Vol Day Last Quota GrtMv W* GrYld Nat MCap High low Coda Company Sala COOP) High Low Hiyar Sa»ar Cvr P/t SwJl 10 3 5716 1st Software 5t 3 unch 217 3 3 3 3.5 12.1 31.5 10.5 3148 8TelecomUS2c 11 -0.5 2335
    10,042 words

  • 6436 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In S$ In USS dy Syr dy Syr Sdy Syr Au 9 s lnd«x Change Change Change Change Change Change World Index Preliminary 899.8 -0.7 5.5 -0.8 3.0 -0.9 1.6 EAFE Preliminaty 848.7 -0.5 9.9 -0.8 21 -0.9 0.9 Europe
    6,436 words

  • Page 24 Advertisements
    • 1426 24 *''^'tfflCSMltifl ~-J( [|||||||||kj ill Idfilnl jPQIIKj Hk. I !l K m*r SllfflPi \4 1 t v 1 /CB\ NYK GROUP SOUTH ASIA PTE LTD \r vrmw Am rw> v THj*****123 V-.r_-\ XV A AlzmE Kgaxgl AO A LINE Fax: 6292 2856 /6239 7109 (OPS)/ 6299 5785 (Documentation) 11 NIPPON YUSEN
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    • 801 24 IiTOAHA RORO SERVICE VKSa/VOT tAWmi) HBGHTCTB WG KCH LP 5j JW ST*AITS VEKTUKI6/05 IS 3.2 05/08 11/01 14/01 16/08 STKAITS VENTURE 17/DS IS 3.2 11/06 21/01 25/01 21/08 30/08 |snwnvpmiKi6/os is 3.2 01/w m/m oa/w n/w 13/w IAUSTRAUAH RORO SERVICE 1 vßsa/vor I imwii I hbbhuhH 1a 1 1 «t
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  • Page 25 Advertisements
    • 1143 25 www.hamburgsuJ.com H ause sirvke (ixrom n* Jtt SINGAPORE IRISiAMt SYDNEY RUUOURNf APtIAIOt SIN6APOM RRISIANt STPWT WtIJOURNE AOIIiUDt AFRICA SIM 502S 12/06 21/06 24/06 27/06 30/06 SCOTUO3IS 09/09 19/09 71/09 24/09 27/09 CAIYUW HE 06K 19/00 29/06 31/08 03/09 Ot/W CAITUW ME O*3S lt/0» W/W 21/W 01/10 IK/10 CAT HEIM6A 5145
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    • 1171 25 VESSEL VOY TIP PKG GOLDEN GATE SUN 9/8 10/8 12/B TTI PERTH BRIDGE OfttA 1178" l3>B GOLDEH TRADE 511N 16/8 I 17/5 19/8 NEW DYNAMIC 093 A 18/8 20/8 I CAPE SANTIAGO 1004N I ?3/B I ?4/B I ?6/8 I ~T\\~ I I I *VSI g>m boiti North West pon
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    • 881 25 m ssass* WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VtSStl VOT SIN P.KLANG COLOMBO N.SHEVA COLOMBO KQIA PEBWIU YHTO67 ?5 JUL U M 79IUL QUUG D4AUG INDIRA (iAWDHI MM-QUOt Q2AUG JliM QLUlfi LL&Ufi rnrnm msLmLJim mis urn um_ ALSO ACCPTMG FQ TO COCMN, TUTKOMN
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  • THE BUSINESS TIMES SHIPPING TIMES
    • 7036 26 ETA ETA Advartisar Vassal Voyage Tataphone ETA ETA Advarthar Vassal Voyaga Telephone SIN Dasfn Nam* Name Number Number SIN Dasfn Nama Nama Number Numbsr 29/09 25/10 NGPL ARUNBANK SP191 *****288 To ABIDJAN (ABJ) 2003 Cote D'lvoire To ALOTAU (GUR) 2465 Papua New Guinea .9/08
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  • Page 26 Advertisements
    • 715 26 IAIAI WALLENIUS WILHELMSEN website: http://www.2wglobql.tom VBSa VOY I RAMP 1 HBOHT ISW IK ~MAO~ HOW IMA SAY lAI OtF NYC HCW ~ioT~ WYONA AJSO4 160To*s I S.3M I 10/08 20/09 11/09 24/09 24/09 TOBA I Afs2l 400TMS 6.30 M I 17/04 11/09 20/09 24/09 29/09 27/09 TAMPA AF522 4201 ms
      715 words
    • 516 26 VBSil VOY SIN PGIi VISSE VOT SIN PACBAMPA 152SN 05/0S 05/08 PA< MWTAN 9310 06/01 ~09/0l PACIANDA 1529N 06/08 07/00 PKBAU 4171 09/08 12/08 Cy 2301 0154? 06/08 07/08 PACHNTAN <311 13/08 16/08 PAC ianda um 07/08 08/08 -SLMO] aiiZE 08/08 09/08 IIITMf mum uua 09/08 09/08 ;g» a- ml—
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    • 417 26 VE9 nTafsinn SVT99 fßSSl^^HF MYANMA HH FIVE STAR UNE (Myanmar National Um) Loading for Yoagoa VESSEL VOY SIN PKL PIN PGU PAGAN 348W SU) PAGAN 349W SU) IN MALAYSIA: lOUSTEAD SHIPPING AGINCIIS KUI/PKL 03-300SS3U PEN: 04-*****15 MUKk ACCEPTING CONVENTIONAL C6O VESSEI VOY HKG SIN PGU PKL KUC SUNNY KART 73
      417 words


  • PROPERTY
    • 461 28  -  Main selling points are embassy row spot and view of the Twin Towers By ALEXANDRA HO [SINGAPORE] The latest ul-tra-luxurious condominium project to join Kuala Lumpur's fast-developing property market is rising southeast of the capital's iconic Petronas Twin Towers. Facing the
      461 words
    • 248 28 She takes up post with immediate effect [SINGAPORE] About three months after former chief executive officer Bernard Kong's departure, Sentosa Cove has announced his replacement. General manager of sales and marketing Margaret Goh has been promoted to the top job with immediate
      CHRIS LOH  -  248 words
    • 223 28 Reuters [LONDON] British house price inflation slowed to an annual 5.0 per cent in June from 6.0 per cent the month before, government statistics showed yesterday, further evidence that the housing market is cooling gradually. The Office for the Deputy Prime Minister (ODPM) said
      Reuters  -  223 words
  • Page 28 Advertisements
    • 61 28 s tAcuiA our customers (md t 'Jbartner&for tAeir ooteofcon/u/enc&. LA i?f£./J y /f X IT/ y 19TH ASIAN FREIGHT f /"L~s SUPPIYCHA,NAWARDS r @&e& &lo6a/Container terminal Operator PSA INTERNATIONAL GBest Container terminal Operator yisia PSA SINGAPORE TERMINALS ®»*j«port-■***> THE PORT OF SINGAPORE v P 5 J* ''V>> H»-'.»-.' Ofl &s■"
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  • Page 29 Advertisements
    • 242 29 I Taking a trip through time. Looking back at the nation's achievements. The pioneer jaa&K investors. The challenge of building thriving financial markets. The strategies that wF transformed a city-state into a global metropolis. Voices that recall the past and predict a- the future. The talents that will drive it.
      242 words

  • Land of Opportunity
    • 1677 30  -  The biggest challenge facing the Singapore economy today is not boosting economic growth per se, but taming its volatility. VIKRAM KHANNA examines some solutions that offer the best hope for more stable growth STATE OF THE ECONOMY VIKRAM KHANNA IT IS said a
      Compiled by BT with data from Dept of Statistics  -  1,677 words
    • 1991 32  -  MNCs have helped build the Singapore of today, but as the city develops, some have left even as others reconfigure. How will it play out in the future? RONNIE LIM finds out THE PIONEER INVESTORS RONNIE LIM MULTINATIONALS here like the Singapore economy are in transition. Some
      Photo Bloomberg  -  1,991 words
    • Article, Illustration
      570 32 "MANY Singaporeans know that growing the country's economy from what it was 40 years ago to what it is today has not been easy. Through relentless efforts, Singapore today is an economic success story and Hyflux is privileged to be part of the dynamic business landscape that the country
      570 words
    • 1127 34  -  Controversies, crises and a love-hate relationship have all played a part in the history of the local bourse, R SIVANITHY has the details BUILDING THE FINANCIAL MARKETS R SIVANITHY IT'S a daunting task to encapsulate Singapore's stock market development over the past four decades to its
      1,127 words
    • 932 34  -  S'pore banking has come a long way in the course of 40 years. SIOW SEN delves into its past with the help of veteran bankers SIOW LI SEN FORTY years ago, clearing a cheque took one working day. Today, it takes about the same time,
      932 words
    • Article, Illustration
      325 34 "1965 marks a significant milestone in the bank's history. That was the year we changed our name from United Chinese Bank to United Overseas Bank. Indonesia's 'Konfrantasi' against Malaysia had severe repercussions on Singapore-Indonesia trade. As a consequence, the bank's trade financing activities were impacted. To overcome the problem,
      325 words
    • 993 36  -  Direct investments abroad have grown from $18b in 1992 to $154b in 2003. And they can only get larger. HERMAN PHUA explains GOING GLOBAL HERMAN PHUA SINGAPORE businesses have come of age over the last decade, proving they have what it takes to break into, and
      993 words
    • Article, Illustration
      527 36 "WHAT mattered essentially in the early days of stockbroking was personal contact between broker and client, and a large dose of 'salesmanship'. It was not until 1936 that a serious attempt was made to gather all members of the stockbroking fraternity under a collective, if loose, umbrella, with the
      527 words
    • 1552 37  -  GOING GLOBAL Singaporeans are showing an increasing willingness to accept overseas postings. Ana it's not just the men who are going, reports CHUANH PECK MING CHUANG PECK MING MORE Singaporeans are taking up jobs abroad and it's not just the men. "There are
      1,552 words
    • Article, Illustration
      484 37 "GRADUATES of Singapore University in 1967 faced, at best, mixed prospects. Separation from Malaysia was soon followed by the withdrawal of British troops. Some from my batch chose the civil service. I was soon on my way to Manchester on a Colombo Plan fellowship to train as a town
      484 words
    • 1051 38  -  A GLOBAL CITY Singapore, ranked among Asia's finest cities, is not taking its status for granted. ANNA TEO reports on its push to become a truly global city ANNA TEO WITH its multi-cultural social landscape and cosmopolitan personality, Singapore is ostensibly a world city. It's highly international,
      1,051 words
    • 1304 39  -  The Republic has held its own against foreign challengers on the sea and air fronts, says GEORGE JOSEPH A GLOBAL HUB GEORGE JOSEPH THE challenge to Singapore's longheld position as a transportation hub must be one of the biggest issues the Republic has faced in
      1,304 words
    • 1356 42  -  TALENTS FOR THE FUTURE CONRAD RAJ profiles some young local entrepreneurs who dared to take the path less travelled CONRAD RAJ THE often heard lament here is that there are just not enough entrepreneurs to provide the kind of buzz that Hongkong, for example, has. This is
      FILE PHOTOS  -  1,356 words
    • 616 42  -  By KALPANA RASHIWALA IN THE first 40 years of Singapore's history, the players that dominated the property business were names like Far East Organization, Hong Leong Group and listed arm City Developments, CapitaLand and Keppel Land. But who are some of the newer names who
      616 words
    • Article, Illustration
      742 44  -  MICHELLE QUAH profiles the company that plays by its own rules MAKING OF AN ICON MICHELLE QUAH YOU'D be hard-pressed to find someone in Singapore who doesn't know the name Creative Technology and the products it sells such is the reach of the homegrown multimedia company. From the
      742 words
    • Article, Illustration
      798 44  -  TIGER BEER By WONG WEI KONG TIGER Beer, brewed by Asia Pacific Breweries (APB), must surely rank among Singapore's most recognisable icons. Brewed in seven countries and available in over 60 countries in Europe, the US, Latin America, Australia and the Middle East, Tiger Beer is arguably Singapore's
      798 words
    • 827 44  -  SINGTEL By WONG WEI KONG FEW Singapore companies have a history as rich as Singapore Telecommunications. And few today have a reach that stretches as far and wide as Singapore's biggest listed company. From home-based player to a regional telco, the development
      827 words
    • 520 44 "I GOT into the insurance business almost by accident. I was in my 20s. In those days there was no training. I was given a book by the then-agency manager. He said, 'Here, read this; see your friends, tell them about it.' We had to struggle, we slowly
      520 words
    • 948 45  -  MAKING OF AN ICON The story of SIA is one that the nation can be proud of, says VEN SREENIVASAN VEN SREENIVASAN AT 58 years, Singapore Airlines (SIA) is 18 years older than independent Singapore. After all the accolades it has won, it is hard to
      948 words
    • 820 45  -  RAFFLES HOTEL By ARTHUR SIM FOR a short time, about 15 years, the Raffles Hotel was a Singapore icon. Make no mistake: It has always been an icon; one of the world's best known architectural icons even. But between the late 1980s and
      BLOOMBERG  -  820 words
    • 342 45  -  CAPITALAND By KELVIN SAM A STRATEGIC merger of two complementary businesses Pidemco Land and DBS Land in 2000 led to the birth of Capita Land, ther largest listed property company in S6uth-east Asia. Already a leading property management company and developer in Asia,
      342 words
    • Article, Illustration
      554 45 "WHEN my brother and I were growing up we had a special playground. It was the toy department in our family's department store. We spent hours there, surrounded by our favourite playthings. I loved electric trains. During the school holidays in the 1960s I 'worked' at the store for
      554 words
    • 840 46  -  MAKING OF AN ICON PSA has weathered changing times and fortunes admirably, reports GEORGE JOSEPH GEORGE JOSEPH IT OPERATES the gateways through which most of Singapore's imports and exports flow from the shirts on our backs to the food on our tables, the computers that run our
      840 words
    • 533 46  -  KEPPEL O&M By RAHITA ELIAS "THIS (rigbuilding) business is not a flash in the pan, not an overnight affair. It requires a persistent application of mission, vision and focus of our strategy," says Keppel Offshore Marine chairman Choo Chiau Beng. The Keppel group's
      533 words
    • 529 46  -  CHANGI AIRPORT By RAHITA ELIAS CHANGI Airport has made a name for itself in the international traveller community. Last year alone, it bagged a total of 19 international awards and accolades for its excellent services and facilities. Despite being based in a small nation, it has managed to
      529 words
    • 500 46  -  SEMBCORP MARINE By DONALD URQUHART ONCE written off as a sunset industry by a country strenuously pursuing a high-tech future, Singapore's shipyards have not only reinvented themselves to stay relevant, but have become important players on the global scene. With order books bursting at the seams and record
      500 words
    • Article, Illustration
      518 46 "IN the 1960s and early '70s, competition on the regional and 'kangaroo' routes was limited. Air services to and from Singapore were operated largely as a monoply or duopoly. The air travel and freight market was relatively small, although the rate of growth was beginning to attract attention. A
      518 words
    • 1039 47  -  DIGITAL AGE RAJU CHELLAM contemplates life in Singapore 2045, when chips rule and you're likely to have a Donut for a girlfriend RAJU CHELLAM The day: Wednesday. The date: Aug 9, 2045. The time: 09:09:09. The place: Tuas, Singapore. YOU are woken up
      1,039 words
    • 826 48  -  DIGITAL AGE Singapore's wholehearted commitment to information and communcations technology has paid off handsomely, KENNETH JAMES traces the country's evolution into an 'intelligent island' KENNETH JAMES IN 1965, Intel Corp co-founder Gordon Moore made a now-legendary prediction which, more than any other forecast, captured
      826 words
    • 660 48 By ROLAND UM SINGAPORE has certainly earned itself a reputation as a tech-sawy nation with a penchant for acronyms. But instead of the PIE, CTE, SLE and AYE, let's take a drive down the information superhighway, and see how various technologies have blended into the
      660 words
    • 1136 48  -  By AMIT ROY CHOUDHURY SOME important changes are taking place in the technological landscape of Singapore today, which will have a profound impact on how Singaporeans live, play and, more importantly, work in the years to come. It may not be apparent right now, but 10 to
      1,136 words
    • 518 48 "I RETURNED to Singapore in 1965 after completing my postgraduate studies in engineering and mathematics at Sydney University. My first job in Singapore was with British computer company ICL and I worked in many different capacities as a programmer, systems analyst, sales, and others. A year later, I
      518 words
    • 1344 49 One of Asia's largest mall owners-cum-managers strives constantly to enhance value for tenants, consumers and investors CAPITALAND Retail's strategy of leveraging on its unique integrated retail and capital management platform has ensured its rapid development into one of Asia's largest mall owners-cum-managers. Capita Land's fluorescent, green
      1,344 words
    • 895 50  -  SINGAPORE AT PLAY To look at what Singaporeans ate and where they ate, from Independence till today, is to look at the country's economic history, observes CHEAH UI-HOON CHEAH UI-HOON IN THE beginning, there was hawker food. Shaved ice balls, chilli crab, chicken rice, Katong laksa, chai
      895 words
    • Article, Illustration
      606 51 RAPHAEL Millet, author of Le Cinema de Singapour {Paris, 2004) and Singapore Cinema (Singapore, 2005), takes us through 40 years of Singapore's film history: 1960s 1964: Hussain Haniff directs Dua Pendekar (aka Two Warriors), a period drama, almost in the style of Akira Kurosawa. P Ramlee the most famous
      606 words
    • 1528 51  -  SINGAPORE AT PLAY From the hazy days of 1960s P Ramlee movies to the glitzy opening of the then controversial $600 million Esplanade theatres in 2002, dramatists, curators, filmmakers and artists share their recollections of the past 40 years in Singapore's arts scene With PARVATHI
      1,528 words
    • Article, Illustration
      517 51 "IN THE past, the environment was one of volunteerism. Many of us were hungry for the arts. We had day jobs and rehearsed late into the night. We hoped that one day we could do theatre full-time. Rehearsals were held in corridors, people's houses, void decks, in decrepit
      517 words
    • 2010 52  -  SINGAPORE AT PLAY With FJ Benjamin's Nash Benjamin and Raffles Holdings' Jennie Chua as her trusty guides, CORINNE KERK finds out what Singaporeans wore and where they shopped in the last 40 years CORINNE KERK 1960s THE history of shopping and fashion in Singapore has been inextricably linked
      2,010 words
    • 545 52 THE roots of home video recording were similar to audio tape recording with cumbersome reel-to-reel machines used mostly for education and business as a means to distribute educational or training material. They were basically record-and-play machines without even the most basic features we expect today not even a
      545 words



  • Page 33 Advertisements
    • 142 33 'fc* >'< <, *i%h GLASHUTTE ORIGINAL Salutes SINGAPORE'S INDEPENDENCE As Singapore celebrates 40 years of independence, it is only befitting that a limited edition Glashiitte Original —the "1965 Singapore"—be made to commemorate this special occasion. of exhibition wH C| Biutte Original, widi Ql w Rh, the i AjIT Singapore's 40
      142 words


  • Page 35 Advertisements
    • 279 35 THE NIKKEI WEEKLY A "Must Read" on Japanese Business NIKKEI NET INTERACTIVE 24-Hour Access to Japan's Markets Launched in 1963, The Nikkei Weekly is the world's only Experience the full spectrum of Japanese business news and English newspaper wholly dedicated to covering the Japanese market information online with Nikkei Net
      279 words

  • Page 36 Advertisements
    • 46 36 -v v; v V- i W0&&\S-. k V wv -'=i f «HMM KM W >. ■FV|MQP' I H fc; fr*** ffljl *1 I .0 i i 'J v Ii if oni| ('or Pti tr) v il JF M H U Pt >I'L LOOKING BACK PHILIPS LOOKING AHEAD
      46 words


  • Page 38 Advertisements
    • 65 38 With more people in more places, you can always count on our in-depth knowledge to deliver on time. Even on National Day you can rely on us to know what's going on. Happy 40th birthday Singapore. For more information about any of our services, call our 24-hour Customer Service Hotline
      65 words

  • Page 39 Advertisements
    • 47 39 CfO.* SembCorp Marine Celebrates St&S Singapore s4Qth Birthda y ft m N <<^ Delivering a full spectrum of integrated marine engineering solutions across a global network of shipyards Jurong Shipyard Sembawang Shipyard Jurong SML PPL Shipyard Karimun Sembawang Shipyard (Indonesia) Maua Jurong (Brazil) Cosco Shipyard Group (China) I
      47 words


  • Page 42 Advertisements
    • 2 42 mr~ t
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    • 204 42 Relive every moment of your life Your graduation, wedding day moments you'll cherish forever. Our versatile recorders let you capture all your treasured home movies in DVD quality. With vivid clarity and crystal-clear sound, your precious moments will be just as you remembered them to be. And there's room for
      204 words

  • Page 43 Advertisements
    • 517 43 a Singaporean; my forefather arrived here in the early days, back in the 1880s. Through the years, my family's 111 fortunes have ebbed and flowed, just like the tides of our shores. I am a true son of the soil. My past, present Jk and future lies here. My own
      517 words




  • Page 47 Advertisements
    • 23 47 ■mBI IjH» PROPERTY HOSPtTAUTY iufef Jfs AB^SSfi^H Residential Commercial Retail ALAND FINANCIAL Cag[ta Land Cag£taMall CaggaCommcfcial Trust Trust I www.capitaland.com BUILDING FOR PEOPLE
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    • 176 50 jMhI #3 Ong Teng Cheong Peak <- J- Si apura I Peak v/ IHnl iw I |v- 4-*--y 1 Uli .Irl x a J IVS .I nS^KI In celebration of Singapore's 40 th National Day, a team of Singapore mountaineers led by the prolific Mr David Lim, set off the
      176 words