The Business Times, 10 September 2005

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Microfilm: NL26478
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    13 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents MICA (P) 089/03/2005 September 10-11. 2005
    13 words
  • Article
    Lock icon Other IR bidders may join Genting in SGX plans
    512 1  -  By ALEXANDRA HO, DANIEL BUENAS [SINGAPORE] Genting International may be the first integrated resort (IR) bidder eyeing a listing on the Singapore Exchange (SGXj main board, but it's unlikely to be the last. A recent Reuters report said the international arm
    512 words
  • Article
    Lock icon MARKETS DIGEST
    134 1 STI 2,301.28 (+3.38) ST INDEX FUTURES 2,303.00 (+3.00) SIMSCI 272.83 (+0.51) SIMSO FUTURES 273.70 (+2.30) MARKETS Friday Change KLSECOMP 917.92 +1.12 NIKKEI 225 12,692.04 +158.15 HANG SENG 15,165.77 -0.40 SET INDEX 712.78 -2.30 JAKARTA COMP 1,098.46 +18.01 MANILA COMP 1,882.77 -23.07 SEOUL COMP 1,152.50 +7.24 SHENZHEN B 224.78
    134 words
  • Article, Illustration
    Lock icon The romance and business of stamps
    763 1  -  Many prominent S'poreans are avid collectors, and some have made a business of their passion By DANIEL BUENAS [SINGAPORE] Singapore is on the way to becoming a major philatelic centre, with millions of dollars of stamps changing hands here every year. People from all
    PHOTOS BY CHRIS LOH  -  763 words
  • Article
    Lock icon No current intention to list FairPrice, says union chief
    451 1  -  By NANDE KHIN [SINGAPORE] The National Trades Union Congress (NTUC) has "no current intention" to list its Fair Price supermarket cooperative, NTUC secretary-general Lim Boon Heng said yesterday. "While the organisation structure may change in time, NTUC believes that the current
    451 words
  • Page 1 Advertisements
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  • TOP STORIES
    • Article, Illustration
      Lock icon Theglobalistquiz
      409 2 Source: The Globalie The United Nations On a Budget The United Nation* headquartered in New York, has come under great pressure lately from its host country the United States, to reform itself. Some critics accuse the UN of being too bureaucratic and too wasteful. We wonder How large is
      Source: The Globalie  -  409 words
    • Article, Illustration
      Lock icon Indonesia could hike fuel prices before October
      648 2  -  Yudhoyono may announce decision at US conference next week B y SHOEB KAGDA in Jakarta INDONESIA could raise fuel prices before October to restore international confidence in the government's ability to handle the economy and protect the rupiah from any further shocks, well-placed
      AP  -  648 words
    • Article
      Lock icon Wearnes' minority shareholders scuttle delist bid
      648 2  -  By JEAN CHUA [SINGAPOREI Shareholders of Wearnes International managed to scuttle parent WBL Corp's attempt to take it private, saying the offer price was too low and demanding more money. WBL bosses now have to decide if they want to buy up the rest
      648 words
    • Article, Illustration
      Lock icon THREE-MINUTE DIGEST
      698 2 ACCS appoints two more independent directors ACCORD Customer Care Solutions has appointed two independent directors to boost its efforts to restore investors' faitl in the company. Financial industry veterans David Ding and Mah Kah On, both 55, joined the board yesterday, bringing the total number of independer directors
      698 words
    • Article
      Lock icon Big 3's share of global economy seen shrinking
      341 2  -  By ANNA TEO [SINGAPORE] Come 2030, the six major economic powers that today account for two-thirds of world GDP the United States, Europe, Japan, China, India and Russia will still be dominant, but their respective share of the pie will be cut
      341 words
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  • RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon The wicketkeeper
      1731 3  -  Prudential CEO and former Australian Test cricketeer Kevin Wright reprises his role as guardian of the game in the move from sports to business. AMIT ROY CHOUDHURY finds out how AMIT ROY CHOUDHURY WHAT do successful sportsmen who have played at the highest international level do when their
      1,731 words
    • Article
      Lock icon Education vital in insurance
      503 3 KEVIN Wright, CEO of Prudential in Singapore, feels that educating consumers about the various aspects of insurance is vitally important. According to him, the key focus of this education should be to make customers understand that they have to take a greater responsibility of their own
      503 words
  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      73 3 The Raffles Conversation is brought to you T| /II t through a special arrangement with Raffles I I International Hotels and Resorts. The Traveller's A 1 I Palm in the Raffles International logo is an apt INTERNATIONAL symbol. Not only has water stored at the base of Hocelt this palm
      73 words
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  • COMPANY NEWS
    • Article
      Lock icon ACCS appoints two more independent directors
      568 4  -  Greatronic announces loss of two independents from its board By MICHELLE QUAH ACCORD Customer Care Solutions (ACCS) has appointed two new independent directors one of whom was a co-founder of regional investment banking group Prime Partners to boost its efforts to restore investors' faith
      568 words
    • Article, Illustration
      Lock icon New SMRT scheme offers cabbies basic pay
      481 4  -  By SAMUEL EE SMRT is to offer its taxi drivers a novel revenue-sharing scheme which reduces uncertainty and puts them on a guaranteed minimum monthly income. The scheme is the first of its kind in Singapore. It removes overhead costs and promises drivers
      FILE PHOTO  -  481 words
    • Article
      Lock icon Keppel Fels to tie up with US offshore specialist
      301 4  -  By GEORGE JOSEPH [SINGAPORE] Oil rig specialist Keppel Fels is about to enter into a joint venture with a US offshore solutions specialist that will provide it with another growth path in the lucrative deepwater production market. The Keppel Corp whollyowned
      301 words
    • Article
      Lock icon Xpress ups dividend as net profit rises 20% to $1.84 m
      242 4 XPRESS Holdings, a financial document services provider, has posted a 19.9 per cent jump in net profit to $1.84 million for its financial year ended July 31. The profit rise came despite the absence of a onetime $0.41 million
      242 words
    • Article, Illustration
      Lock icon STI inches up, volume down
      479 4  -  STOCKS R SIVANITHY Senior Correspondent REGUI.AR readers might sympathise with the plight of market reporters this week, given the agonisingly boring sessions. And do spare a thought too for the poor dealers who had to endure possibly the most uneventful five days this year but
      479 words
    • Article, Illustration
      Lock icon Reality of house trading
      913 5  -  CORPORATE ANALYSIS To get a better gauge of daily volume, reveal amount of staff-generated trades, says R SIVANITHY R SIVANITHY mmmm HW activities in the stock market can stir as much debate as proprietary or house trading. rnammam Although accepted as a necesIsary component of market
      913 words
    • Article
      Lock icon Sept 21 London launch for Top 100 Asean Index
      298 5 [KUALA LUMPUR] The much-awaited Top 100 Asean Index, which would track the performance of top listed companies in the region, is scheduled to be launched in London on Sept 21 in conjunction with the Asean Finance Ministers' Roadshow, according to a
      298 words
    • Article
      Lock icon BH Global Marine IPO 2.2 times subscribed
      167 5 HONG Leong Finance has done its first underwriting of an initial public offering (IPO) BH Global Marine. In a statement yesterday, the finance company said the IPO of BH Global Marine closed on Thursday with the total invitation size of 70 million new
      167 words
    • COMPANY BRIEFS
      • Article
        Lock icon Hongkong Land to launch a $500 million bond issue
        96 5 HONGKONG Land is set to launch a $500 million fixed-rate bond issue to help fund its investment in Singapore's new financial district, debt market news service Basis Point said yesterday. The developer, which owns and manages five million sq ft of
        96 words
      • Article, Illustration
        Lock icon Next pre-trial hearing for CAO's Chen, Lim set for Sept 30
        77 5 THR next pre-trial conference for China Aviation Oil's suspended CEO Chen Jiulin (above) and its finance head Peter Lim has been set for Sept 30. Chen faces 15 charges in relation to the financial scandal, while Lim faces four.
        77 words
      • Article
        Lock icon MediaStream to sell Infinite Frameworks stake
        103 5 TMF directors and judicial manager of MediaStream yesterday announced that the production house is selling its entire 51.03 per cent stake in Infinite Frameworks (I FW) to minority shareholder Kris Wilaun. for $1.26 million. The sale is part of a restructuring drive related to
        103 words
      • Article
        Lock icon Asiatravel.com puzzled with share price fall, launches new engine
        95 5 ASIATRAVEL.COM Holdings yesterday said it is not aware of any adverse factor that could have resulted in the recent retreat of its share price, which has fallen more than 30 per cent since Aug. 22. On the other hand, the company
        95 words
      • Article
        Lock icon China Petrotech appoints new CFO
        64 5 CHINA Petrotech Holdings said it has appointed Charles Ng Wai Cheong as its new chief financial officer (CFO) with effect from Sept 1. Mr Ng replaces Pui Chiu Wing, who resigned on the same day. Mr Ng was a manager in Goodwill Accounting and Secretarial
        64 words
      • Article
        Lock icon MediaRing buys 10,000 VoIP numbers starting with '3100'
        101 5 MEDIARING yesterday announced that it has successfully won the bid for the batch of 10,000 VoIP (voice over Internet protocol) telephone numbers starting with the digits '3100* from the Infocomm Development Authority of Singapore. The numbers were purchased through its' wholly-owned subsidiary,
        101 words
      • Article
        Lock icon AEM-Evertech in R&D tie-up with Ngee Ann Poly
        67 5 SEMICONDUCTOR equipment supplier AEM-Evertech has signed a memorandum of understanding with Ngee Ann Polytechnic to set up a $3 million R&D facility. The "Centre of Innovation" will be set up within the polytechnic and focus on developing technologies for the manufacturing sector.
        67 words
    • Article, Illustration
      Lock icon Cortina takes watch display into the dark
      220 5 PUSHING the boundary in watch-selling, Cortina Watch yesterday launched a new concept in showcasing rare and high jewellery timepieces. The new Cortina Watch Couture Gallery departs from conventional trends of polished showcases and highly-lit showrooms. Clients visiting Cortina's boutique at Paragon Shopping Centre
      ARTHUR LEE  -  220 words
    • Article
      Lock icon Dairy Farm offers to buy 9.4% of Hero
      230 5 Bloomberg [SINGAPORE] Dairy Farm International Holdings Ltd, which runs supermarkets, drugstores and convenience shops, offered to buy the shares it doesn't already own in PT Hero Supermarket which are not held by the controlling shareholder. Singapore-listed Dairy Farm, which already holds 40.5
      Bloomberg  -  230 words
  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      31 4 nr Jjp |Q hnominn Introducing The Business Times-NTU Annual IllUla lo UUUIMMiy, Competitiveness Ranking for 35 Indian states and union territories do business? India Conference-Wednesday 190ctober,9am BB|B!Bll9|pESE|SWjjgjMK|jB^Mj^^ The Ritz Carlton Ballroom
      31 words
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      34 5 ~TV ft. Get a I YJo! I FADING FnnF Your sailing schedules get wider attention in The Business Times shipping pages B Call Bernard Ong at 6319-1645 or Michael Chng at 6319-2026 Shipping Times
      34 words
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  • PERSONAL INVESTMENT
    • Article, Illustration
      Lock icon Keeping track of all stocks great and small
      1007 6  -  SHOW ME THE MONEY Analysts and brokers tend to focus on high-quality stocks preferred by investors TEH HOOI LING Senior Correspondent THERE are nearly 700 stocks listed on the Singapore Exchange (SGX). Each research firm usually has fewer than 10 analysts. Even
      FILE PHOTO  -  1,007 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      829 6  -  Compiled by UMA SHANKARI Jurong Technologies Sept 9 close: $2.03 KIM ENG RESEARCH, Sept 9 WE remain positive on Juirong Tech as our recent update with management indicated brisk business momentum. On average, factory utilisation was in the high 80-90 per cent even on expanded capacity. We foresee
      Source: Bloomberg  -  829 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      1062 6 For week beginning Sep 5 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Subsantial luy No ol Prte« SMAMHOUMHG Tram Shareholder/ S«fl Shares Hr Mora ffty stoili Pate Director Conv '000 Shr S COOOt ''000) Asiat'avel Com 8 Sep OS Boh Tuang Poh 'Buy 1000 na ***** 11.11 ***** 11.81 Asiatravel.Com
      1,062 words
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  • BT INVESTMENT ROUNDTABLE
    • Article, Illustration
      Lock icon A changing property landscape
      3158 7 OVERVIEW THE Singapore urban landscape is set for dramatic change over the next five to ten years. FirSt to come will be the Business Financial Centre, followed by the Integrated Resorts. Along Orchard Road, new government incentives will make it more attractive for landlords to extend
      3,158 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Developers preparing for residential launches
      384 8  -  PROPERTY FOCUS By ALEXANDRA HO SOME property developers are getting ready for a slew of residential property launches this month or in the months ahead a period that property consultants say sales traditionally quicken. While developers are generally cautious about giving the fixed dates for
      384 words
    • Article
      Lock icon Wheelock bids record ppr price for The Habitat II
      464 8  -  Each of the owners will be able to pocket between $3.2 and $3.6 m By ALEXANDRA HO WITH its $103.9 million bid for The Habitat II at Ardmore Park, Wheelock Properties has topped the record for the highest price paid in
      464 words
    • Article
      Lock icon Far East delays launch of Orchard Scotts
      515 8  -  By ARTHUR SIM THE launch of Orchard Scotts, Far East Organization's (FEO) long-awaited luxury development off Scotts Road, has been delayed, even though the developer is close to completing extensive upgrading work on common areas, which is said to have cost $20 million.
      515 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      5135 8 UNIT TRUSTS FUNDS 96.3434/ Citigroup Asset Mgt AMI Ainro And Mgt (S'pore) CW GlobalBond/* ___lIM* Star Europe Eqty'"* 0.866/ Cm Asia Infrastructure 0.7726AJ 803S Star Europe Bond 1 28/ Cm Japan Star Europe Bal 1.181/ CmBond S'pore A/S 1.294/ Star Asian Tiger Eqly 105/ CitiBond S'pore B/J 1344/ Star Asia
      5,135 words
    • Article
      Lock icon Micron's new expansion ready
      357 9  -  The company plans to spend US$250m on the Bendemeer plant and hire 500 more workers By RACHEL LIN MICRON Semiconductor Asia's expanded Bendemeer Road plant opened yesterday, replete with assembly, testing and packaging facilities. The firm plans to spend US$25O million on this new extension over
      357 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Natas fair sees 20% increase in vendors
        88 9 THE annual consumer travel fair of the National Association of Travel Agents Singapore (Natas) opened yesterday with 582 booths, 20 per cent more than last September's total, and more than double the number of booths in 1998, when the fair was first held.
        88 words
      • Article
        Lock icon Changi flies high among travel mags
        85 9 CHANGI Airport has scooped another four awards from international travel magazines, bringing the total number won this year to 12 so far. The UK magazine Conde Nast Traveller rated Changi the world's best airport for the fifth year running, while a reader survey conducted
        85 words
      • Article
        Lock icon Saffron Hill opening Philippine branch
        46 9 SINGAPORE boutique market research agency Saffron Hill Research is opening a branch office in the Philippines this month, in its first foray overseas. The new office, to be headed by Rina Zurbito-Igual, will employ 10 full-time staff in its initial stage.
        46 words
      • Article
        Lock icon Strong vote of confidence for UniSIM
        75 9 THE newest university in Singapore has received a strong vote of confidence from its students. Close to 70 per cent of undergraduates at the Singapore Institute of Management University (UniSIM) opted for a degree there rather than an Open University of the United Kingdom
        75 words
      • Article
        Lock icon ITMA set to draw 30,000 int'l visitors
        57 9 THE second International Exhibition of Textile Machinery, or ITMA Asia 2005, will be held from Oct 17-21 at the Singapore Expo. This event is expected to draw some 30,000 international visitors, including key government and textile association officials, buyers, dealers and agents, encouraged
        57 words
      • Article
        Lock icon Gesco Mktg charged with tax evasion
        47 9 GESCO Marketing, which imports and exports construction materials and hardware, was yesterday charged with willful intent to evade tax. It has been ordered to pay a penalty of $615,164.85, three times the amount of tax evaded, and a fine of $20,000.
        47 words
    • Article, Illustration
      Lock icon S'pore, Belgium launch joint stamp issue
      549 9  -  By DANIEL BUENAS SINGAPORE shophouses and their Belgian equivalent feature on a new issue of stamps for use both here and in Belgium. It is the two countries' first such joint stamp issue, although Singapore is widely experienced in them, with seven previous international
      ARTHUR LEE  -  549 words
    • Article
      Lock icon Income unveils accreditation scheme
      447 9  -  Vehicle workshops have to meet five criteria to qualify By SAMUEL EE SINGAPORE'S top motor insurer has introduced a radical accreditation scheme for vehicle workshops in an effort to better control repair standards and reassure customers of good service. NTUC Income yesterday said that 40 vehicle
      447 words
    • Article
      Lock icon FairPrice is a different kind of public utility
      662 9  -  LETTERS TO THE EDITOR: FairPrice listing debate Daniel Goh Singapore MR Gopinath Pillai argues that the listing of NTUC Fair Price would "unlock its value" for members of the cooperative supermarket (BT, Sept 8). Since 1973, Fair Price has remained faithful to
      662 words
    • Article
      Lock icon Listing provides exit for shareholders
      359 9  -  Denis Distant Singapore I REFER to the letter, "Big advantages in listing FairPrice" (BT, Sept 8) from former Fair Price chairman Gopinath Pillai, whose view that NTUC Fair Price should be listed is contrary to that of outgoing chairman Chandra Das, who says it should
      359 words
    • Article
      Lock icon Social mission is raison d'etre
      541 9  -  Tan Peng Heng President Singapore Industrial Services Employees' Union I READ with great interest the report, "Fair Price listing worth a look: board member" and the commentary, "Some things should never be about money" (BT, Sept 8). I have been a unionist for the past
      541 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      26 8 PIMCO Global Real Return Fund a fund that is hedged against global inflation. Allianz (jjj) Rated 5-star by Mercer Investment Consulting Global investors company regn.no *****7169Z
      26 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Proton dilemma depresses share price
      645 10  -  By PAULINE NG in Kuala Lumpur EVEN as the government strives to come up with a much-awaited national automotive policy framework for the future, state-owned carmaker Proton continues to languish. Ominously, even former prime minister Mahathir Mohamad the architect of the national car project, and
      AFP  -  645 words
    • Article
      Lock icon SGX MAINBOARD
      8103 10 Transaction date: Sep 9 52-Wk Id Last Vol Day Last Quote GrfMv Wv GrtM Not MCap High Low Code Company Sate +1- COOP) High Low »uyr S«*er Cvr WE SnJi 10 2 5716 1st Software 5c 2.5 -0.5 410 2.5 2.5 2.5 3 101 285 8 5 3148
      8,103 words
    • Article
      Lock icon Bumi-Commerce executives retire ahead of merger
      387 10 Even the fate of CEO Azmi Abdullah is unclear, say bank insiders Reuters [KUALA LUMPUR] Three top executives at Malaysia's second-largest lender, Bumiputra-Commerce Bank, have retired, bank officials said yesterday, as the government's drive to reform management of statelinked firms gathered momentum. The bank's
      Reuters  -  387 words
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  • INDONESIA
    • Article, Illustration
      Lock icon Yudhoyono questions Pertamina execs
      499 11 He seeks explanation on alleged smuggling of crude oil Reuters AP [JAKARTA] Indonesian President Susilo Bambang Yudhoyono summoned senior officials from the stateowned oil company Pertamina yesterday after 18 employees were arrested for allegedly smuggling crude and refined oil a crime that costs the state an
      Reuters; AP  -  499 words
    • Article
      Lock icon Garuda to propose debt rescheduling
      180 11 AFP [JAKARTA] National airline Garuda Indonesia will ask for a five-year rescheduling of its US$5l9 million debt to European creditors later this month, the company's president said yesterday. Garuda president Emirsyah Satar said the proposal would be made in a meeting with European Credit Agency
      AFP  -  180 words
    • Article
      Lock icon SGX
      6808 11 Transaction Date: Sep 9 MOST ACTIVE STOCKS VOLUME VALUE Revounq US7.5c 89.050.000 SingTel 15c 53.704.175 MediaRinq 10c 64.614.000 OCBC Bk 50c 31.968.000 Accord Customer 2.5c 33.926.000 Revounq US7.5c 30.380,070 SembKimtrans 10c 24.187.000 DBS Grp 23.694.350 GlobalTest 10c 23.619.000 Keppel Corp 50c 21,212,200 UniFiber 10c 20.895.000 Biosensors USO.OIc 18.124.800 SingTel
      6,808 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Monday is D-Day for HK Disney
      469 12 Theme park to open amid litany of complaints, green run-ins, and piracy AFP AP [HONG KONG] When Mickey Mouse welcomes visitors to the US$3 billion theme park here for the first time next week, he will no doubt breathe a sigh of relief that
      AFP; AP; Source: Reuters  -  469 words
    • Article
      Lock icon India may attract US$8b in equity investment
      423 12 Bloomberg [MUMBAI] Private equity flows to India may quadruple in three years as an expanding economy entices overseas investors, according to ICICI Venture Funds Management Co the nation's biggest venture capital firm. Global buyout firms will probably invest US$B billion in purchasing stakes
      Bloomberg  -  423 words
    • Article
      Lock icon Blair leads EU in courting India
      382 12 Analysts say it's high time Delhi gets more attention AFP [NEW DELHI] British Prime Minister Tony Blair is the latest world figure to court India, which is emerging as a global superpower with a booming economy and a massive untapped market. In New Delhi,
      AFP  -  382 words
    • NOTE BOOK
      • Article
        Lock icon Tenaga urges revival of power pricing plan
        108 12 AP [KUALA LUMPUR] Malaysia's state-owned electric utility, Tenaga Nasional, has asked the government to revive a power pricing formula halted in 1997 that allows regular tariff reviews and incorporates changes in fuel prices, its chief executive Che Khalib Mohamad Noh said yesterday. Prices
        AP  -  108 words
      • Article
        Lock icon HK probes rigging of warrant trading
        115 12 Reuters [HONG KONG] Hong Kong's Securities and Futures Commission (SFC) has launched a probe into allegations of market rigging through trading in warrants, which may lead to tighter regulation of derivatives products issued by investment banks. The securities watchdog said in a statement issued
        Reuters  -  115 words
      • Article
        Lock icon China banks to trade corporate bonds
        67 12 Reuters [SHANGHAI] China's central bank will soon issue regulations allowing banks to trade corporate bonds for the first time, sources close to the move said yesterday, opening new investment channels for lenders looking to shore up earnings. The central bank would make an announcement
        Reuters  -  67 words
    • Article
      Lock icon BURSA MALAYSIA
      2353 12 VOL General Corp .0.40 -0.01 24 Sap) RM *1- OOOi Gentinq 19.80 -0.10 85 George Kent .0.55 -0.01 58 AftM Realty 1.43 -0.01 5 GHL Systems 0.13 unch 361 Abric 0.33 -0.01 119 Globetronics Tech 0.36 unch 622 ACP Industries 0.59 -0.01 2 GlomacBhd- 1.30 unch 85 Advance
      2,353 words
  • Page 12 Advertisements
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Undecided voters could swing Japan elections tomorrow
      778 13  -  By ANTHONY ROWLEY in Tokyo JAPAN goes to the polls tomorrow in what seems likely to be one of its most popular general elections ever, and yesterday's rise in the stock market appeared to herald a victory for the prime minister. A record
      AP  -  778 words
    • Article, Illustration
      Lock icon Intel predicts Q3 sales of US$9.8-$l0 billion
      459 13 Reuters Bloomberg [NEW YORK] Intel Corp, the world's biggest computerchip maker, said thirdquarter sales will rise to a record USS9.B-10 billion, within previous forecasts, citing "strong demand" for laptops. The prediction compares to a July forecast of US$9.6-10.2 billion, and analyst estimates of
      Reuters; Bloomberg; AFP  -  459 words
    • Article
      Lock icon lEA lowers world oil demand forecast as prices soar
      524 13 Bloomberg [PARIS] The International Energy Agency (lEA) has cut its estimate for 2005 world oil demand growth for a third month as recordhigh fuel prices curb sales in China, Thailand and other developing countries in Asia. The agency, an adviser to
      Bloomberg  -  524 words
    • Article
      Lock icon Elizabeth Arden joins Botox maker to erase years
      322 13 Reuters [NEW YORK] Hope in a jar coming to a department store near you. In a trend-setting deal, Elizabeth Arden the cosmetics maker known for Britney Spears' Curious perfume and Elizabeth Taylor's White Diamonds —is teaming up with Botox Cos-metic-maker Allergan on
      Reuters  -  322 words
  • Page 13 Advertisements
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      Lock icon Page 13 Advertisements Column 1
      738 13 r LUM CHANG HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Company Registration No: *****3949N NOTICE IS HEREBYGIVEN thatan Extraordinary General Meeting of Lum Chang Holdings Limited (the "Company") will be held at 1 Selegie Road, #05-01 Paradiz Centre, Singapore *****6 on 3 October 2005 at 10.00 a.m., for the
      738 words
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  • WORLD
    • Article
      Lock icon Katrina aid groups clamour for relief money
      546 14 NYT Reuters [WASHINGTON] With Congress primed to spend billions of dollars on the aftermath of Hurricane Katrina, US lawmakers and industry groups are lining up to bring home their share of the cascade of money for rebuilding and relief. White House officials and
      NYT; Reuters  -  546 words
    • Article, Illustration
      Lock icon News Corp set to be bigger Web player
      990 14 In the last 7 weeks it has spent nearly US$1.5b on 3 Internet companies NYT [NEW YORK] News Corp has been giving new meaning to the term e-com-merce: The company has been on an online buying spree, spending nearly US$l.5 billion on
      NYT; Jacpueline Pinua  -  990 words
    • Article
      Lock icon Biogen to cut 650 jobs in bid to boost research spending
      326 14 Bloomberg [NEW YORK! Biogenldec Inc, which withdrew the Tysabri multiple-sclerosis drug in February, will cut about 650 jobs as part of a plan to quadruple annual spending for research partnerships and licensing agreements to US$2OO million. Severance and other
      Bloomberg  -  326 words
    • Article, Illustration
      Lock icon Google hires Internet pioneer Vinton Cerf
      539 14 Reuters [SAN FRANCISCO] Google, which has recently made a string of successful highprofile recruiting efforts, has got another high-pow-ered engineer to sign up at the Web search leader. Google said on Thursday that Internet pioneer Vinton Cerf will become its "chief Internet evangelist". Mr
      Reuters; AP  -  539 words
  • Page 14 Advertisements
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      Lock icon Page 14 Advertisements Column 1
      742 14 MEDI-FLEX nm MEDI-FLEX LIMITED (Incorporated in the Republic of Singapore on 12 December 2003) (Company Registration Number: *****2754H) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company will be held at Cypress Room, Orchard Hotel, 422 Orchard Road, Singapore *****9 on 26
      742 words
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      Lock icon Page 14 Advertisements Column 2
      227 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ICONIUM SOFTWARE PTE LTD (Co. Reg. No: *****8203H) (Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN, that pursuant to Section 308 of the Companies Act, Cap. 50, the final meeting of the members of the abovenamed Company
      227 words
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      Lock icon Page 14 Advertisements Column 3
      193 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SPECIALIST SKIN CLINIC PTE LTD (Company Rea. No. *****1742 M) (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, a Final Meeting of
      193 words
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  • MOTORING
    • Article, Illustration
      Lock icon F is for Faster
      675 15  -  The Pagani Zonda S is an amazingly quick supercar but the Italian company is now offering an even lighter and more powerful version. JOE YEO checks out the Zonda F JOE YEO FERRARI and Lamborghini it used to be that these were the only names mentioned
      PHOTOS BY WILLIAM WHEY  -  675 words
    • Article, Illustration
      Lock icon The Legacy continues
      416 15  -  By SAMUEL EE NEVER has an estate model looked so enticing. The Legacy GT Wagon has extra space and extra pace because it has the same two-litre turbocharged engine as the Legacy GT sedan. But although the wagon is said to have exactly the same power plant
      416 words
    • Article, Illustration
      Lock icon Sealants keep the shine on
      713 15  -  By SAMUEL EE WASHING and waxing your car can be arduous work when the aim is a deep, glossy shine. Little wonder then that the use of sealants instead of wax to protect paintwork has become increasingly popular in the last few years. While waxing
      PHOTOS BY ARTHUR LEE; CHRIS LOH  -  713 words
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  • GOLF
    • Article, Illustration
      Lock icon A golf tournament, Singapore style
      1437 16  -  The venerable S'pore Open has become an integrated corporate brand but is still very much about golf and Sentosa's Serapong, writes GEOFFREY EU GEOFFREY EU JUST as Adam Scott was lining up a birdie putt at the final hole of Sentosa Golf Club's scenic Serapong
      AP  -  1,437 words
  • Page 16 Advertisements
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      791 16 WIIIG&dill© withweekendßT Ah Hoi's Kitchen Club Ola Utln-Argentfnian Grille ft Kstro Le Vigne Plaza Market Cafe Traders HotdPboUhde (above TanglinMaU, Level 28 Murray Street (Tras Street). Te&QZtO 7927 $02-02 Tanglin Shopping Centre, Tanglin Road, Level 2, Raffles Tlx Plaza. Tel *****156 4. Tel: *****979 New Latino Fun Dinner Dance Club
      791 words
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  • WELLNESS
    • Article, Illustration
      Lock icon Body work
      1710 17  -  CHEAH UI-HOON and CORINNE KERK check out the latest spa treatments in town: one that utilises pure science, one that's pure pampering, and one that blends East and West CHEAH UI-HOON, CORINNE KERK Thann Sanctuary, Hamn Thann #01-57/57 A, Millenia Walk, 9 Raffles Boulevard Tel: 6339 7393. Open
      1,710 words
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  • SHOPPING
    • Article, Illustration
      Lock icon Steeped in style
      1099 18  -  CORINNE KERK checks out the latest in kitchen couture CORINNE KERK WITH more people spending tens of thousands of dollars on imported designer kitchens these days, you'd think that everyone's cooking up a storm. Unless, of course, these expensive fittings are merely good for gawking at. But
      1,099 words
    • Article, Illustration
      Lock icon Hie well constructed kitchen
      192 18 Consider your lifestyle and how your work revolves around the kitchen. Discuss space and layout with all primary users, investigate traffic patterns. Visualise your daily meal preparation routine. An ideal kitchen should form a triangle between fridge, stove and sink and back to the fridge. The
      192 words
    • IN STORE at the malls
      • Article, Illustration
        Lock icon Ice-cream mooncakes special
        141 18 TANTALISING Haagen Dazs liqueur ice-cream mooncakes, anyone? A premium delicacy, each box retails at $80. But BT readers who purchase it AND a box of d'gourmetco tea pack at $16 will also get a $20 Haagen Dazs voucher and and an extra packet of five Sun Dance
        141 words
      • Article, Illustration
        Lock icon Just point and shoot
        140 18  -  Compiled by MICHAEL CHUA NO more having to change discs or getting caught with short battery life with this new generation palm-size Everio G series camcorder from JVC. With its high capacity internal hard disk drive, it's ideal for vacation-shooting, since you don't have to carry
        140 words
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  • TRAVEL
    • Article, Illustration
      Lock icon Trunk show
      1291 19  -  Come September, the laid-back Thai resort town of Hua Hin plays host to a field of expert jockeys, international media, and a parade of prancing pachyderms for the niche sport of all niche sports elephant polo. GEOFFREY EU grabs his binoculars and minds his toes GEOFFREY EU LIKE
      PHOTOS BY GEOFFREY EU  -  1,291 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      243 19 CRYPTIC CROSSWORD of a footballer perhaps (8) 9 Survey department concerned ■HH with supply and maintenance 11 I 1 Made a move on board when 13 Allow very little margin for an- AH other funnier item to be in--24 Anchorite not about to devel- op undignified leading role (8) 25
      243 words
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  • THE BUSINESS TIMES weekend
    • Article, Illustration
      Lock icon Small wonders
      1172 20  -  As xiao long bao fever hits town, CHEAH UI-HOON drops by dumpling restaurants new and old for a taste of the iconic delicacy CHEAH UI-HOON LIKE bees to honey, Singapore's xiao long bao fans buzzed around the newly opened Nanxiang Steamed Buns Restaurant (or Nanxiang Man Tou Dian)
      1,172 words
    • Article, Illustration
      Lock icon Delicate and refreshing
      737 20  -  Chef Park Jong-Sook gives typically simple Korean food a refined touch. JAIME EE samples the results JAIME EE IT wasn't Daejanggeum (the hot Korean foodthemed TV series Jewel in the Palace), but visiting Korean guest chef Park Jong-Sook had Tower Club members virtually eating out of her
      737 words
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