The Business Times, 15 October 2005
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2005-10-15
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The Business Times
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Title Section17 2005-10-15 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents MICA (P) 089/03/2005 October 15-16, 2005 online at http:Abusiness times.askilcom.sg17 words
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Article, Illustration604 2005-10-15 1 ANNA TEO - Those working for the biggest listed companies are paid about 13 times more By ANNA TEO [SINGAPORE] Executive directors of Singapore's smallest listed firms earned about $227,000 on average in 2004. But those at the helm of the biggest companies made about 13 timesSource:SHDS report on d - 604 words
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619 2005-10-15 1 MICHELLE QUAH - He may also be thinking of leaving SBF By MICHELLE QUAH ISINGAPORE] Singapore Manufacturers' Federation (SMa) president Lew Syn Pau has taken leave from his post as president after being charged with contravening the Companies Act. The former MP has619 words
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Article135 2005-10-15 1 sn 2.303.24 (-17.46) ST INDEX FUTURES 2,305.00 (-18.00) siMsa ***** (-2.39) SIMSCI FUTURES ***** (-3.70) MARKETS Friday Change KLSECOMP 925.59 -1.53 NIKKEI 225 13,420.54 -28.70 HANG SENG 14,485.88 -135.95 SET INDEX 700.02 -4.30 JAKARTA COMP 1,096.70 +6.17 MANILA COMP 1,953.14 -1.87 SEOULCOMP 1,190.17 -3.27 SHENZHEN B 211.16 -5.60135 words
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Page 1 Advertisements
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Advertisement36 2005-10-15 1 MOTORING MXS: The Mazda magic continues PGIS ~'l /*i '^|^K^B)|Bflj ■T^ w FROM LAS VEGAS, WITH FOOD Jaime Ee gives a foretaste of restaurant fare in Singapore when the integrated resorts open for business PG 2036 words
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Advertisement69 2005-10-15 1 CORPORATE GOVERNANCE Tai speaks out Iml BBHHBBI l y JSP v H I Sarasin Bank Saraiin-Rabo (Aiia) Ltd 77 Robinion Road #13-00 SIA Building Singapore *****6 Teli (65) 6536 6848 Pa*: (65) 6536 3866 This advertisement is not intended as an offer or solicitation to enter into a transaction. Bank69 words
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Advertisement12 2005-10-15 1 H CONVERSATION S Ramadorai: India's quiet software czar PG3 iJ....u i 212 words
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TOP STORIES
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264 2005-10-15 2 S JAYASANKARAN - Case expected to shed light on Malaysia's anti-graft drive By S JAYASANKARAN in Kuala Lumpur THE son of Malaysia's top cop Mohamad Bakri Omar has been detained by the AntiCorruption Agency for alleged corruption involving hawker stalls. Inspector-General of Police Mr264 words
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Article, Illustration783 2005-10-15 2 LESLIE YEE - Good corporate governance not always rewarded by market, he says By LESLIE YEE [SINGAPORE] DBS Group Holdings chief executive Jackson Tai has "serious doubts" about advocating quarterly financial reporting in Singapore, and criticised other regulations in Singapore and Asia as being too "onerous".CHEW SENG KIM/ST - 783 words
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Article, Illustration404 2005-10-15 2 Source: The Globalist The US share of the world economy For the foreseeable future, the United States wHf continue to be the world's largest economy But when it comes to assessing just what percen&gsof the global economy the United States accuMWlfKit one encounters all sorts of seemingly contßttßeay:" numbers.Source: The Globalist - 404 words
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Article581 2005-10-15 2 Should a charged person step aside? SENIOR executives are not legally required to quit after they've been charged with criminal offences. But they still should at least, temporarily because it's the right thing to do, say academics, accounting bodies and minority shareholders. COMPANY NEWS, PG 4 Oei, equity581 words
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Advertisement109 2005-10-15 2 "Limousine of the Year" BBC Top Gear Awards 2005 "The MOST BEAUTIFUL Flagship in the world" Evo Magazine "The Maserati has revealed itself as a surprising EXTREME SPORTS CAft. disguised as a PRACTICAL, BEAUTIFULLY Trimmed saloon" Top Gear Magazine 9 "LI > w <4 *?^?lsrT>. <■♦ *^C < >..,»> j6*109 words
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RAFFLES CONVERSATION
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Article, Illustration1758 2005-10-15 3 AMIT ROY CHOUDHURY - AMIT ROY CHOUDHURY meets a driving force behind India's thriving IT services industry AMIT ROY CHOUDHURY N AN industry where pioneers are accorded the status of rock stars, the soft-spoken and even shy boss of I Asia's biggest information technology (IT) services and solutions company standsYEN MENG JIIN - 1,758 words
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267 2005-10-15 3 SINGAPORE is the Asia-Pacific headquarters of Tata Consultancy Services (TCS), and all Asian investment of the company is channelled out of Singapore. TCS CEO, S Ramadorai, says the company is in the process of setting up a subsidiary in Indonesia, which will be managed267 words
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Advertisement128 2005-10-15 3 ~,,,v —Moscow Hgfflj^nH^^H j|fi ff>£> ioNOON-^^ JJ, 5% I Chicago I- wXs" bursa iSTANByL ># v y| JINC GdCEK j#«— OSAKA Iv i~-\ —*-—SHANGHAI 111 ITII ill EVl^BlSllll Vs v dubaj ——v 'jjm& m A Nr ci F M X ,-BE-A- siemreap x *^w LOS CANOUAN I PHNOM PENH ISLAND128 words
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Advertisement61 2005-10-15 3 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 rest in61 words
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COMPANY NEWS
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Article, Illustration1113 2005-10-15 4 MICHELLE QUAH - CORPORATE ANALYSIS Quitting or taking a leave of absence is not a legal requirement but it's the right thing to do, reports MICHELLE QUAH MICHELLE QUAH SKNIOR executives are not legally required to quit after they've been charged with criminal offences. But they still1,113 words
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Article5179 2005-10-15 4 UNIT TRUSTS FUNDS Citi Japan CitiBond Spore A/t 1.28» ABN Amro Asset Mgt (S pore) ObMonBfSQDCboA~ ZZZZZHI 1XI3U/ Cm Money S«>g Dollar Class B *****/ Cm PanEurope Equity Fund 12# 22KSf t-u 1;, CitiSelect Asa Tilt Balanced 1 43/ ££f,Jr Eqty SS CitiSHect Asia Tih Grow* 1.4/ \mJj CiBSeled Asia5,179 words
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Article, Illustration669 2005-10-15 5 MICHELLE QUAH - But new claims against debt-laden firm, totalling $100m, pile on Bv MICHELLE QUAH CITIRAYA Industries has unveiled fresh hopes of settling the $6.1 million it owes United Overseas Bank and also averting the bank's potential possession of properties that have beenFILE PHOTO - 669 words
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Article, Illustration377 2005-10-15 5 LEE KIM SIANG - By LEE KIM SIANG STARHUB is looking to change the way we use our mobile phones. Chan Kin Hung, Star Hub's senior vice-president, mobile services, likens it to having a "shopping mall in your pocket". The "mall's" tenants were announced yesterday as Star377 words
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Article, Illustration419 2005-10-15 5 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent AFTER several weeks of focusing almost exclusively on penny stocks, the week just past saw traders turn their attention to property and banks. Property was in play because of supposedly strong demand (a conclusion perhaps prematurely reached because it419 words
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207 2005-10-15 5 SINGAPORE Press Holdings has been ranked one of Asia's top value creators in delivering good returns to shareholders. In a study of 462 top companies in Asia ex-Ja-pan, SPH was ranked 15th for creating shareholder value. It was one of only two Singapore-based207 words
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COMPANY BRIEFS
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76 2005-10-15 5 Reuters HONG Kong tycoon Li Ka-shing's Suntec Real Estate Investment Trust does not plan to buy assets outside Singapore despite a recent setback in growing its portfolio beyond its single shopping and office complex here. "Suntec is not looking at cross-border acquisitionsReuters - 76 words
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Article55 2005-10-15 5 UNITED Overseas Bank has completed the acquisition of an additional 30 per cent stake in PT Bank Buana Indonesia. Bank Buana is now a 53 per cent owned subsidiary. UOB bought the 30 per cent stake through wholly owned UOB International Investment Pte Ltd55 words
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83 2005-10-15 5 MPC Holdings said its planned initial public offering in Singapore would be delayed as it was required by the regulatory authorities to provide more information to investors. The Hong Kong-based independent power producer said the delay would allow it to update its prospectus83 words
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Article58 2005-10-15 5 CITY Developments said that its deemed interest in Millennium Copthorne Hotels pic (M&C) has increased to 151.78 million shares or 52.685 per cent. The deemed interest is held through its subsidiaries Singapura Developments, Reach Across International, and City e-Solutions. The change follows an allotment of58 words
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Article25 2005-10-15 5 FIBRECHKM Technologies yesterday said its director and chief administrative officer Wong Wai has resigned from the company with effect from Oct 11.25 words
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79 2005-10-15 5 TUAN Sing Holdings said yesterday that the plaintiffs in an Australian law suit in which its indirectly wholly owned subsidiary Tuan Sing Australia was named as a defendant, has discontinued court proceedings against the unit. The plaintifTs have agreed to pay Tuan Sing Australia $3,50079 words
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Article44 2005-10-15 5 CBtO Pharmaceutical Technology Holdings yesterday announced that its initial public offering of 156 million shares at 25 cents each is about 1.25 times subscribed. The IPO manager has additionally over-allotted 10 million shares to satisfy placement and public demand.44 words
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GRAPEVINE
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Article194 2005-10-15 5 WHEN he's not trying to solve the woes of trouble-ridden Citiraya Industries, chairman Michael Lim has his hands full trying to fix the health problems of humans. And the full-time cardiologist who runs a very successful heart, stroke and cancer centre in Singapore had one very important194 words
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Article168 2005-10-15 5 GOOD corporate citizens were not the only ones under the spotlight at the annual Securities Investors Association (Singapore) (SIAS) awards dinner earlier this week. Guests at the event were also intrigued by the behaviour of players involved in recent corporate deals. Suntec Reit and City Developments168 words
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Article44 2005-10-15 5 GAY men have stronger nesting instincts than lesbian women, so it seems, according to Knight Frank executive director Peter Ow. He says that he has noticed more gay male couples turning up at recent property launches than lesbian couples.44 words
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217 2005-10-15 5 OH BOON PING - By OH BOON PING FUTURES brokerage Refco Singapore has reassured clients that their funds have not been frozen and that its operations are not affected by the scandal involving US parent Refco Inc. "We have US$45 million in capital reserves, which is more than217 words
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Advertisement36 2005-10-15 4 PIMCO Total Return Bond Fund Winner of the Morningstar Asia Fund Manager of the Year 2004 Allianz (jfl) for North America Fixed Income and rated 5-star by Mercer Investment Consulting. Global investors company regn no *****7169Z36 words
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Advertisement924 2005-10-15 5 >AT? NOTICES IN THE MATTER Of THE COMPANIES Aa, CAP. 50 AND IN THE MATTER OF IMAJE (SINGAPORE) LTD Co Reg No: *****0899 M (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTION (Pursuant to Section 290(2)(b) At an Extraordinary General Meeting of the abovenamed Company deemed to be924 words
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PERSONAL INVESTMENT
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Article, Illustration957 2005-10-15 6 UMA SHANKARI - Compiled by UMA SHANKARI Capita Mall Trust Oct 14 close: $2.41 KIM ENG RESEARCH, Oct 14 THE group recorded 3Q distributable income of $30.8 million, up 1.6 per cent quarter on quarter and 8.4 per cent ahead of circular forecast, bringing nine months' income to $90.9 million orSource: Bloomberg - 957 words
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Article, Illustration1380 2005-10-15 6 TEH HOOI LING - SHOW ME THE MONEY Find out why you own that stock and never wait to catch the top of a rising trend TEH HOOI LING Senior Correspondent HAT'S a good B question,' a private equity I investor said when IFILE PHOTO - 1,380 words
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Article1104 2005-10-15 6 For week beginning Oct 10 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Subsantial luv No of Pike SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Con* '000 Shr C000) C000) Fragrance Grp 13-Oct-OS LimWanLooi 'Buy 43 0.64 *****7 70.52 *****0 70.55 Fragrance Grp 13-Oct-OS Koh Wee Meng1,104 words
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Advertisement7 2005-10-15 6 V V {■■H iVi'lffl the Business Times7 words
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BT INVESTMENT ROUNDTABLE
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Article, Illustration3966 2005-10-15 7 OVERVIEW WILL the coming Northern Hemisphere winter help cool global oil markets in Q4 especially after a hot Q3, when Katrina and Rita whipped up oil prices to an unprecedented US$7O-plus a barrel? Is US$7O as high as we are going to see this year,3,966 words
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FOCUS: INNOVATION
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Article, Illustration681 2005-10-15 8 VIKRAM KHANNA - Firms don't invest time, money and people unless there's a crisis, reports VIKRAM KHANNA VIKRAM KHANNA SINGAPORE ranks high on many drivers of growth such as governance, infrastructure and economic stability but in the key area of innovation, there's a lot that's missing, said RonaldCHRIS LOH - 681 words
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Article, Illustration646 2005-10-15 8 DANIEL BUENAS - By DANIEL BUENAS SINGAPORE chief executives and organisational leaders may sincerely believe that innovation is the way to go, but they have a narrow understanding of what innovation is and focus more on short-term, cost-reducing or incremental projects, a study has found. The studyYEN MENG JIIN - 646 words
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Advertisement1308 2005-10-15 8 BAN JOO COMPANY LIMITED Registration No. *****0100R (Incorporated in Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the 2005 Annual General Meeting of the shareholders of the Company will be held on Monday, 31 October 2005 at 18 Cross Street Bth Floor Marsh McLennan Centre Singapore *****31,308 words
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SINGAPORE NEWS
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612 2005-10-15 9 VEN SREENIVASAN - Current organiser, EDB don't see eye to eye on moving show to new site By VEN SREENIVASAN A NEW company is being set up to organise the Asian Aerospace show after the Economic Development Board (EDB) failed to get the current organisers to agree612 words
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602 2005-10-15 9 ALEXANDRA HO - By ALEXANDRA HO THE public can have their say on the draft Casino Control Bill from Monday to Nov 11, when it is posted on the Feedback Unit's website by the Ministry of Home Affairs (MHA). MHA said the Bill, which contains legislation602 words
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536 2005-10-15 9 NANDE KHIN - By NANDE KHIN DIFFERENCES in the readership of niche newspapers such as The Business Times or Tamil Mura.su are very hard to pick out in surveys with a small sample size, said Andy Chiang, a professor of statistics at the National University of536 words
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Article, Illustration421 2005-10-15 9 AL R DIZON - Wind and current will hit boats in the final 1,000 miles By AL R DIZON ST PETER and St Paul Islands may be a tiny outcrop over 500 miles off the north-east tip of Brazil, but this is where the crew ofINGRID ABERY - 421 words
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244 2005-10-15 9 UMA SHANKARI - By UMA SHANKARI SWISS Post International (SPI), the crossborder division of Switzerland's postal service, plans to use Singapore as its base to expand across the Asia-Pacific region. As its first step, the company will buy out its Asia-Pacific master franchisee244 words
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305 2005-10-15 9 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY CISCO Systems and the Infocomm Development Authority of Singapore (IDA) have signed an $18 million three-year Memorandum of Intent (MOI) to advance Internet Protocol (IP) networking in Singapore. The MOI focuses on three areas the deployment of next-generation305 words
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382 2005-10-15 9 GEORGE JOSEPH - By GEORGE JOSEPH ASIAN airlines are scrambling to get into Russia as a flourishing energy sector turns Moscow into a hot destination for corporate and leisure travel. With the world's top corporations back in the country as reforms and382 words
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MALAYSIA
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Article, Illustration677 2005-10-15 10 PAULINE NG - Other nations may follow Malaysia's footsteps if issue is not resolved By PAULINE NG in Kuala Lumpur CONCERNS about Australian and New Zealand livestock slaughter methods not conforming with Islamic standards have led Malaysia to look elsewhere for its beef677 words
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381 2005-10-15 10 [KUALA LUMPUR] Investors from West Asia are expected to inject muchneeded fresh capital of at least RMSOO million (*****.4 million) into Bank Islam Malaysia Bhd (BIMB), according to a report in Malaysia's Business Times. It cited a source as saying that381 words
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242 2005-10-15 10 Bernama [KUALA LUMPUR] Sime Darby Bhd has no intention of buying the 32 per cent stake in Proton Holdings from Khazanah Nasional, which owns 42.7 per cent in the national car company. "We have no plan at the moment," divisional director ofBernama - 242 words
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Article8112 2005-10-15 10 Transaction date: Oct 14 52-WV Td Ust Vol Day Last Quote GrOiv Mr GrYld Met MCap High Low Code Company Sale ('000) High Low Buyer SaMar Cvr P/t Smll 8.5 2 5716 1st Software 5c 3 unch 311 3 3 3 3.5 12.1 26.5 8.5 3148 8TelecomUS2c 8.58,112 words
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INDONESIA
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Article, Illustration320 2005-10-15 11 Subsidy target of 54.3t rupiah means no further need for domestic fuel price hikes Reuters [JAKARTA] Indonesia's fuel subsidy bill will fall almost 40 per cent to 54.3 trillion rupiah (Ss9.l billion) in 2006 under a target agreed by a working partyReuters; AFP - 320 words
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271 2005-10-15 11 Reuters [JAKARTA! The Jakarta Stock Exchange (JSE) has decided to temporarily remove shares of PT Excelcomindo Pratama Tbk Indonesia's third-largest mobile phone company from its indices, the bourse chief and a company executive said yesterday. "The portion of its public shares is shrinking. ItReuters - 271 words
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Article6951 2005-10-15 11 Transaction Date: Oct 14 MOST ACTIVE STOCKS VOLUME VALUE Wee Poh 0.5c 92.018.000 SRH20c 56.166.000 BH Global 32.916.000 OCBC Bk 50c 46,067.760 Biosensors USO.OIc 24.450.000 DBS Grp 44.333.435 GlobalVoice 5c 23.119.000 CapitaLand 40.501.600 BiosensorMBLeCW***** 16.525.000 Keppel Corp 50c 38.334.900 SingTel 15c 15.318.000 SingTel 15c 37.695.010 TuanSinq 1c 12,606,000 Biosensors6,951 words
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GREATER CHINA
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519 2005-10-15 12 Beijing not ready to cede key share of downstream refining, marketing [LONDON] China has rebuffed a bid by oil giant BP Pic to take "a very substantial stake" in the country's largest oil refiner and fuel marketer, Sinopec Corp, sources close to the matter519 words
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Article2454 2005-10-15 12 VOL General Corp 0.44 0.01 125 Oct 14 Ml *1- rooo) Genting .21.60 0.20 972 George Kent 0.60 0.01 33 ASM Realty 1.65 unch 188 GHLSystems .0.12 unch 163 Abrit— 0.32 unch 43 Globetronics Tech 0.30 0.01 4354 ACP Industries 0.66 0.01 31 GlomacBhd 1.31 -0.01 20 Advance2,454 words
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Article, Illustration56 2005-10-15 12 [HONG KONG] A model gazing at an intense yellow diamond ring during Christie's Hong Kong autumn preview yesterday. The 83.48 carat yellow diamond ring is estimated atHKsl 1 million (552.4 million) to HK$ 15 million the most expensive item in Christie's Hong Kong autumn jewellery auction toAFP - 56 words
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237 2005-10-15 12 Reuters [SINGAPORE] China's CNPC is poised to sell a 33 per cent stake in PetroKazakhstan to Kazakh state oil firm KazMunaiGaz for about US$l.4 billion, the Asian Wall Street Journal cited sources as saying in a report yesterday. "China National PetroleumReuters - 237 words
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412 2005-10-15 12 Reuters [SINGAPORE] South-east Asia's largest lender, DBS Group, which has been in talks with China's Guangdong Development Bank, wants a controlling stake in the Chinese lender, people familiar with the deal said. Guangdong Development Bank is the second-largest lender in China's affluent GuangdongReuters - 412 words
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BRIEFLY ASIA
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Article74 2005-10-15 12 Reuters [MUMBAI] India's second-largest lender, ICICI Bank Ltd, posted a better-than-expected 31 per cent rise in quarterly net profit on strong growth in corporate loans and fee income. It also announced plans on Thursday to raise US$l.6 billion through issuing new shares. The bank,Reuters - 74 words
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70 2005-10-15 12 Reuters [KUALA LUMPUR] Malaysian Airline System's parent company plans to raise about US$25O million through a syndicated loan to help fund the purchase of two Boeing 747-400 cargo planes, sources said yesterday. State-owned Penerbangan Malaysia Bhd has mandated Bank of Tokyo-Mitsubishi andReuters - 70 words
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67 2005-10-15 12 Bernama [KUALA LUMPUR] Malaysian property developers have the opportunity to bid for residential projects worth US$2OO million in Bahrain, all of which are expected to be tendered out within the next six months. Besides Bahrain, Kuwaitis another attractive country for Malaysian developers, said Norman Nathan, theBernama - 67 words
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101 2005-10-15 12 Bloomberg [NEW DELHI] India's inflation rate accelerated to a 10-week high as a fuel price increase by the government boosted the cost of fruits, vegetables and edible oils. Wholesale prices in Asia's fourth-biggest economy rose 4.24 per cent from a year earlier in theBloomberg - 101 words
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Article38 2005-10-15 12 AFP [WASHINGTON] US Secretary of State Condoleezza Rice is to sign a pact with India next week facilitating collaboration between American and Indian scientists in areas ranging from health to space technology. —AFPAFP - 38 words
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312 2005-10-15 12 Reuters. AFP [WASHINGTON] A US coalition of 40 industry, agriculture and worker groups urged Congress on Thursday to push ahead with legislation labelling China a currency manipulator as part of tough measures against Beijing for maintaining what it called an undervalued yuan. They alsoReuters.; AFP - 312 words
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Article106 2005-10-15 12 Reuters [BEIJING] The new managed float instituted for the yuan has brought new challenges and risks that China's commercial banks are not yet prepared to face, the banking regulator said in a report published yesterday. Knowledge about currency risk, effective risk management and other control mechanisms areReuters - 106 words
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INDIA
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Article, Illustration359 2005-10-15 13 Deal with Copal Partners underlines emerging segment of BPO sector [MUMBAI] Reuters, the financial data services company, is to outsource to India value-added research supporting its data on leading businesses, underscoring a rising segment of India's growing business process outsourcing (BPO) sector, accordingSource: Evaluesen Analysts; Research - 359 words
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Article240 2005-10-15 13 CHEN HUIFEN - By CHEN HUIFEN INDIAN pharmaceutical formulation firm Medreich Group is gearing up for expansion overseas with a newfound investor in Singapore investment agency Temasek Holdings. "Temasek's investment has come at an opportune time in the growth cycle of the group and will enable the group240 words
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286 2005-10-15 13 [NEW DELHI] BP. Europe's largest energy group, on Thursday agreed to build a US$3 billion refinery in India with Hindustan Petroleum, the partially stateowned oil group, the Financial Times reported. The proposed 50-50 joint venture comes after it emerged that the286 words
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Advertisement839 2005-10-15 13 HEALTH MANAGEMENT INTERNATIONAL LTD Company Registration No *****5241E (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of HEALTH MANAGEMENT INTERNATIONAL LTD will be held at: Venue Char Yong Auditorium, sth Floor, 363 Balestier Road, Singapore *****4 Date/Time Monday, 31 October 2005 at839 words
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Advertisement2342 2005-10-15 13 NOTICES Toll free: 1800-289-8822 Email: notices^sph.com.sg IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ÜBSWA NOMINEES (S) PTE LTD (CO. REG. NO. *****1382W) (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Cap.2,342 words
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ASIA-PACIFIC/WORLD
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Article, Illustration479 2005-10-15 14 It pays second largest criminal antitrust fine after plea agreement AP [WASHINGTON] Samsung, the world's largest maker of memory chips for computers and other gadgets, will pay a US$3OO million fine to settle accusations it secretly conspired with rivals to fixAP; BLOOMBERG - 479 words
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WORLD WATCH
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114 2005-10-15 14 [SYDNEY] The federal government has dramatically widened the scope for investment banks to sell its As 27 billion (Ss34 billion) stake in Telstra to boost demand for the stock from overseas institutions, the Australian Financial Review reported on Thursday. The move opens new114 words
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58 2005-10-15 14 Reuters [LONDON] European bourse operator Euronext said yesterday that troubled commodities and futures brokerage Refco Inc was operating normally in Europe. "Refco is a member of the Euronext.liffe markets through its European operations and we can confirm that Refco's European operations are trading as normal,"Reuters - 58 words
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39 2005-10-15 14 AFP [HONGKONG] Playboy Enterprises is in talks with potential partners to develop Playboy casinos in Macau and London, a report in The Standard said yesterday citing the company's chief executive Christie Hefner. —AFPAFP - 39 words
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71 2005-10-15 14 AP (STAMFORD, Connecticut! General Flectric Co said yesterday its third-quarter earnings rose 15 per cent despite losses from hurricanes as all its major segments posted double-digit percentage profit growth. It said net income rose to U554.67 billion for the three months ended Sept 30AP - 71 words
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76 2005-10-15 14 [NEW YORK] Occidental Petroleum on Thursday night struck a deal to buy Vintage Petroleum, a midsized US oil and gas producer with assets in the US, Latin America, and Yemen, for more than US$3 billion in cash and stock, the Financial Times reported.76 words
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92 2005-10-15 14 Reuters [LONDON] British hotels and gambling company Hilton Group Pic yesterday confirmed it is in talks to sell its hotels to US Hilton Hotels Corp which could reunite the global Hilton name under one owner. Sources said the US Hilton isReuters - 92 words
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62 2005-10-15 14 Bloomberg [CHICAGO] Delta Air Lines Inc's Comair regional carrier plans to cut up to 1,000 jobs as it tries to reduce costs by US$7O million annually in Delta's bankruptcy reorganisation. Comair said yesterday it will also seek concessions from its unionised workers,Bloomberg - 62 words
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Article, Illustration557 2005-10-15 14 AP [TOKYO] Japan's Parliament approved the privatisation of the country's postal service yesterday, setting in motion the creation of the world's largest private bank and delivering a crucial victory for Prime Minister Junichiro Koizumi's reform programme. The package was passed 134-100 by the Upper House.AP - 557 words
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388 2005-10-15 14 VEN SREENIVASAN - By VEN SREENIVASAN [SINGAPORE] Air New Zealand has appointed 44-year-old Rob Fyfe as its chief executive officer. He replaces Ralph Norris, who has become the chief executive of the Commonwealth Bank of Australia. Mr Fyfe was previously group general manager (airlines)388 words
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408 2005-10-15 14 LATEST US DATA Reuters. Bloomberg [WASHINGTON] US consumer prices shot up an unexpectedly large 1.2 per cent last month, the biggest gain in more than 25 years, as Hurricanes Katrina and Rita led to the biggest ener-gy-price surge on record, a government reportReuters.; Bloomberg - 408 words
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388 2005-10-15 14 Reuters [NEW YORK] New York Stock Exchange chief executive John Thain on Thursday said he was looking to attract more listings from the rapidly growing economies of India and China, ahead of a trip to Asia next week where he willReuters - 388 words
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MOTORING
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Article, Illustration549 2005-10-15 15 SAMUEL EE - The new MX5 retains the original's classic simplicity, SAMUEL EE discovers SAMUEL EE THE reincarnation of the classic roadster has been reinterpreted for 2005. The new Mazda MXS still offers the traditional front-engine, rear-wheel-drive layout in a package that is sexy and relatively affordable. But this time549 words
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Article, Illustration508 2005-10-15 15 GEOFFREY EU - GEOFFREY EU gets rough and ready in a Jeep GEOFFREY EU OFF-ROADERS love to play rough, talk dirty and take the road less travelled which makes for plenty of mud, sweat and gears. There is a shared pride among owners of these all-terrain vehicles with the508 words
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Article, Illustration705 2005-10-15 15 SAMUEL EE - Karsono Kwee shows he has a heart of gold besides Midas touch By SAMUEL EE HE has been called the man with the Midas touch and next Friday, he will mark the 20th anniversary of the brand which started his golden age. Karsono Kwee beganFILE PHOTO - 705 words
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GOLF
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Article, Illustration1212 2005-10-15 16 JUSTINE MOSS - Purists may find the notion of nine-hole golf courses appalling, but more golfers are loving the idea, says JUSTINE MOSS JUSTINE MOSS SECOND fiddle, boring, poor cousin, chip-and-putt paddock these are just some of the descriptions that have been directed at the supposedly less-than-glamorous concept1,212 words
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Page 16 Advertisements
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Advertisement769 2005-10-15 16 wine&dine withweekendBT ifit Azuma Japanese Restaurant Grand Hyatt Singapore Merttus Mandarin Singapore Plaza Market Cafe #03-01 Cuppage Plaza. Tel: 6738 9395 lOScotts Road. TeL 6416 7114 333Orchard Road. Tefc *****258 Level X, Raffles The Plaza. Tel: *****156 Reiax with a meal of authentic Japanese farel Straits Kitchen presents a uniquely769 words
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WELLNESS
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Article, Illustration1882 2005-10-15 17 CHEAH UI-HOON - CHEAH UI-HOON explains why you should ask for a 24-hour monitoring of your blood pressure and a check of your 'wave form' for the condition of your arteries CHEAH UI-HOON IgjWBBIB DWIN, a lawyer in his mid-30s, was feeling tout of sorts. He had giddySource: Whinston,Ian B,et.at,Mar 20,2002 Vol.39,No 6,pages 1005-1011; Source: TATS - 1,882 words
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Article, Illustration385 2005-10-15 17 HKALTHSTATS' BPro is a device strapped to your wrist, and you wear it like a watch for 24 hours. Before putting it on, the clinic attendant would take a blood pressure reading the conventional way (by attaching a cuff to your forearm) and also385 words
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SHOPPING
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Article, Illustration1371 2005-10-15 18 CORINNE KERK - Tangs has decided to bring back its kids' department while across the street Takashimaya has revamped its toy section. CORINNE KERK reports CORINNE KERK FIVE years ago, in trying to create additional space for its renovated men's department, Tangs decided to give up "trying to be a traditional1,371 words
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IN STORE at the malls
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Article, Illustration155 2005-10-15 18 THERE'S a new plasma TV in town and it's called ALiS 8. Produced by Hitachi, it displays a plateau-like flat screen that highlights its smoothness and elegant lines. Real aluminium finish speaker columns further exude a touch of finesse to its overall outlook. But it's155 words
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Article, Illustration99 2005-10-15 18 JUST the solution for those long meetings or when friends drop by unexpectedly: an express pizza oven. It's fast, easy to use and portable. Bake pizzas in three to four minutes with fresh or pre-baked dough from supermarkets. The fun is in creating it. Imported from99 words
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Article, Illustration97 2005-10-15 18 MIKE CHUA - Compiled by MIKE CHUA ANNUALLY, Montblanc honours a significant author or world literature. The Writers Edition Miguel de Cervantes salutes the man who penned the enchanting manuscript. "Don Quixote". Distinctively Montblanc, the design was inspired by the legendary windmills of Don Quixote, as evident in the97 words
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PERSONAL SPACE
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Article, Illustration720 2005-10-15 19 GREG WALDRON - Office gardens can make offices more conducive for work, but a top landscape consultant tells GREG WALDRON that they have yet to take off here GREG WALDRON OMPANIES may spend thouJf sands on their offices com--7 plete with $1,000 chairs and slick computer paraphernalia but ask them aboutPHOTOS BY YEN MENG JIIN - 720 words
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Article, Illustration703 2005-10-15 19 THIEN - 'Selfish' plants are merely fighting for their survival, says THIEN THIEN OUR nursery friend William recently noted that some of our Frangipani have not really taken off, explaining that this tree is one of those selfish ones which doesn't like sharing its space. Certainly thereCHRIS LOH - 703 words
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Page 19 Miscellaneous
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Miscellaneous293 2005-10-15 19 CRYPTIC CROSSWORD ACROSS 5 Win or draw (7) 6 Author unhappy about in--1 Tall order in the army? (4,7) eluding word of hesitation (5) 7 Warning from enchantress (5) 7 whiskv (6 5) 8 Sa n ge(4°V ntltled t0 3 fU 9 ComeUuighter for second 10 Go too far with293 words
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THE BUSINESS TIMES weekend
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Article, Illustration1358 2005-10-15 20 JAIME EE - World famous chefs may soon find their way here when the integrated resorts are built, going by the new culinary trend that is sweeping through Las Vegas, says JAIME EE JAIME EE AN exciting culinary trend sweeping through Las Vegas right now will directly benefit Singapore when1,358 words
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Article, Illustration894 2005-10-15 20 CHEAH UI-HOON - Who do you call if you don't know the first thing about throwing a dinner party? CHEAH UI-HOON has the answer CHEAH UI-HOON THE worst thing a hostess can do is organise a party and realise she doesn't have enough "right" people to invite. Enter niche party organisers894 words
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Page 20 Advertisements
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Advertisement6 2005-10-15 20 Personal Space Corporate jungle pg 196 words
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