The Business Times, 13 January 2007

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1 20 The Business Times
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  • Title Section
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    20 1 THE BUSINESS TIMES SINGAPORE 85 cents A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 January 13-14, 2007 online at http://business-times.asial.com.sg
    20 words
  • Article, Illustration
    Lock icon Demand climbs for chartered business jets
    879 1  -  Need for speed, convenience, security and privacy fuels boom in Singapore and Asia By and VEN SREENIVASAN UMA SHANKARI coming from leisure travellers. "The growth is coming mainly from the European market. Travellers usually come to Singapore or Malaysia on a commercial airline, and
    879 words
  • Article
    Lock icon Defence turns spotlight on Alwyn Lim in unusual move
    783 1  -  NKF CIVIL SUIT Former chairman and former treasurer acted with integrity: counsel Reports by MICHELLE QUAH [SINGAPORE] An air of excitement ran through the High Court yesterday as the public returned in droves for the latest chapter in the National Kidney
    783 words
  • Article, Illustration
    Lock icon Strong quotes from letters to Durai draw objection
    467 1 CORRESPONDENCE from former NKF vicechairman Alwyn Lim to TT Durai were referred to at length by Chia Boon Teck, lawyer for Richard Yong and Loo Say San, yesterday, as part of his defence. Mr Lim has been named as a third party
    LAU FOOK KONG/ST  -  467 words
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  • TOP STORIES
    • Article
      Lock icon Connect Holdings poised for US$10-a-share PacNet offer
      487 2  -  Its stake will push 30% upon purchase of 16.33% interest from Vantage By By ANGELA TAN and ROLAND UM [SINGAPORE] Connect Holdings, the parent of Asian telecommunications network operator Asia Netcom, is poised to make a takeover offer for Singapore's Pacific Internet at
      487 words
    • Article
      Lock icon Correction
      64 2 IN the report, "Singapore economy at risk of producing an underclass: panel" (BT, Jan 12), we reported Manu Bhaskaran, adjunct senior research fellow at the Institute of Policy Studies, as saying: "The widening inequality suggests there are more losers (than winners)." What Mr Bhaskaran said was that the widening
      64 words
    • Article, Illustration
      Lock icon Leaders endorse charter recommendations
      764 2  -  ASEAN SUMMIT Breaches could lead to expulsion in extreme cases By DANIEL BUENAS in Cebu ASEAN leaders have endorsed the recommendations by the 10-member Eminent Persons Group (EPG) for the Asean charter, but how these will be implemented is still to be worked out. Speaking to
      REUTERS  -  764 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      575 2 DBS keen on buying South Korean bank: report DBS Group Holdings yesterday said that it was focusing on Asia and presently concentrating on building up the business in its anchor markets as well as Indonesia, India and China. The bank was responding to a report that it is
      575 words
    • Article
      Lock icon NKF refusal to come clean ruined SPH settlement: witness
      755 2  -  NKF CIVIL SUIT By MICHELLE QUAH [SINGAPORE] The National Kidney Foundation's (NKF) refusal to come clean that it milled the public about the use of its donations and the amount of its reserves was the sticking point that destroyed any hopes
      755 words
    • Article
      Lock icon MARKETS DIGEST
      45 2 STI 3,009.09 (+39.40) ST INDEX FUTURES 3,011.00 (+39.00) SIMSO ***** (+4.97) SIMSO FUTURES ***** (+2.90) PRIME RATES SINGAPORE 5.33 MALAYSIA 6.74 HONGKONG 7.75 INDONESIA 16.486 TAIWAN 5.896 JAPAN 1.625 KOREA 933 BRITAIN 525 US 8.25 CANADA 6.00 SWITZERLAND 348 INDIA 11.50 Source: Bloomberg
      45 words
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      29 2 Want the best price? Hold an auction. Call 1800 289 8822 or email notices@sph.com.sg to book your auction notice in our newspapers now. [•"ATS^ 4 s NOTICES g wJ
      29 words
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  • RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon An Olympian in business
      2365 3  -  Helmut Wieser, Alcoa's executive VP, feels the rigorous training he went through while preparing for the Olympics has stood him in good stead in the business arena, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY AS A 12-year-old, Helmut Wieser, like most children his age, dreamt about
      ARTHUR LEE  -  2,365 words
    • Article
      Lock icon True grit
      364 3 HORSE riding would be the sport to take him to the Olympics, or so the 12-year-old Helmut Wieser thought. "I was successful in horseback riding and became a junior champion in Austria in horse jumping events," recalls Mr Wieser, Alcoa's executive vice-president and group president. He initially had
      364 words
  • Page 3 Advertisements
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      61 3 Raffles'" Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels and Resorts. The Traveller's Palm in the Raffles Hotels and Reports logo is an apt symbol. Not only has water stored at the base of this palm provided sustenance, the leaves rest in
      61 words
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  • COMPANY NEWS
    • Article
      Lock icon BSE stake would help SGX gain India exposure
      619 4  -  NEWS ANALYSIS By WONG WEI KONG THE Singapore Exchange (SGX) reported sterling earnings for its second quarter on Thursday, but that hardly breaks any new ground for a bourse that has been enjoying a bull run by shares to record heights. It
      619 words
    • Article
      Lock icon DBS keen on buying Korean bank: report
      482 4  -  Bank of America, ICBC, BOC also showing interest, says Korean paper By SIOW LI SEN DBS Group Holdings said it is focusing on Asia and presently Concentrating on building up the business in its anchor markets as well as Indonesia. India and China.
      482 words
    • Article, Illustration
      Lock icon Bulls lift STI back above 3,000
      391 4  -  STOCKS TEH HOOI LING Senior Correspondent WALL Street's record closing on Thursday brought out the bulls in Singapore in droves, sending the Straits Times Index back above the 3,000 level. For the day, the primarily blue-chip index climbed 39.4 points or 1.33 per cent
      391 words
    • Article
      Lock icon Echo makes voluntary offer for Landwind Medical
      339 4  -  by JUDITH JACOB ECHO Investment Holdings, an investment holding company incorporated in the Cayman Islands, is launching a voluntary conditional cash offer to buy Landwind Medical Holdings (LWMH). The offer for the Singapore mainboard-listed company will be at 58 cents a share, totalling
      339 words
    • Article, Illustration
      Lock icon Market set to end flat in '07: Citibank
      445 6  -  By WEE LI-EN CITIBANK expects a yearend target for the Straits Times Index of 2,800, representing a decline of about one per cent from current levels, Salman Haider, head of investments for Citibank Singapore, said yesterday. "We expect the STI to be
      445 words
    • Article
      Lock icon ST Aero bags USs130m deal from Air Asia
      441 6  -  It will provide maintenance support for A320 components By MATTHEW PHAN SINGAPORE Technologies Aerospace will provide maintenance support for Airbus A 320 aircraft parts to Air Asia Bhd, which is expected to become the world's second largest A 320 operator by 2012.
      441 words
    • Article
      Lock icon Fabchem in final stage to sell stake to Dyno Nobel
      338 6 FABCHEM China Ltd, a Singaporelisted maker of explosives and detonators, is set to sell a stake of up to 29.9 per cent to Australian explosives firm Dyno Nobel, a source familiar with the talks told Reuters yesterday. The source said
      338 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      2342 6 UNIT TRUSTS FUNDS 1|W -iM»n—n»Mi«inr iu» umuiiM tin WGfciedissDF wj» ommvsd 15*1022? 3"*gffJ"<» rj;!?®,* g sai .graf i Ssissr ;:s weft «s sisssasa; ts —sag gagv =ss ggiSg w gg~i!a! Esissfe?jr=: —s asaas,—- as S5sa»"*«-"- gssass; ss ssgasii-— HSSS IS*? —sa S*E«5»St 1172/ 44 Am tocoeeAUSD aw MWNM«p»B|a*USO- II M0|h«pe»HM.
      2,342 words
    • Article
      Lock icon LMA takes stronger action against Danish-listed rival
      312 7  -  It files main patent infringement action against Ambu in The Netherlands By WEE LI-EN MAINBOARD-LISTED medical device maker LMA International has upped the ante in its patent claims against Danish-listed rival Ambu by filing a main patent infringement action in The Netherlands. In
      312 words
    • Article
      Lock icon COMPANY BRIEFS
      373 7 Lian Beng half-year net profit up 48.8% to $2.2m CONSTRUCTION group Lian Beng said that net profit climbed 48.8 per cent to $2.2 million for the half year ended Nov 30, 2006 although revenue fell 13.6 per cent to $86.3 million. SNP Leefung to sell office property for
      373 words
    • Article
      Lock icon Luzhou Bio-Chem placing out 36m shares to raise $25.7 m
      253 7  -  By UMA SHANKARI CHINA-based Luzhou BioChem Technology yesterday announced that it will place out up to 36 million new shares in the company at 73.5 cents apiece, raising an estimated $25.7 million in net proceeds. The company said that it
      253 words
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      1825 4 fill ASIA Life THE ASIA LIFE ASSURANCE SOCIETY LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****0055 D) ANWOUWCEMEWT MANDATORY UNCONDITIONAL CASH OFFER by TOKIO MARINE NICHIDO FIRE INSURANCE CO., LTD. (Incorporated in Japan) (Company Registration No. 0199-01-*****4) to acquire ail the issued ordinary shares in the capital
      1,825 words
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      2952 5 VOLUNTARY CONDITIONAL CASH OFFER by 8 DBS DBS BANK LTD (Company Registration No. *****0306E) (Incorporated in the Republic of Singapore) for and on behalf of Echo Investment Holdings Limited (Company No.: *****0) (Incorporated in the Cayman Islands) to acquire all the issued and paid-up ordinary shares in the capital of
      2,952 words
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  • Page 6 Advertisements
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      103 7 GRADUATE CERTIFICATE IN INTELLECTUAL PROPERTY /< LAW 2007/2008 The Graduate Certificate in intellectual Property Law (GCIP) is a foundation law course for those training to be:- Registered patent agents in Singapore In-house IP advisors IP portfolio managers Licensing/technology transfer executives Come join us for the GCIP Information Session which will
      103 words
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      Lock icon Page 7 Advertisements Column 2
      1797 7 Mandatory Unconditional Cash Offer by Morgan Stanley MORGAN STANLEY DEAN WITTER ASIA (SINGAPORE) PTE. (Incorporated in the Republic of Singapore) (Company Registration No. *****6298Z) for and on behalf of TOICIO MARINE NICHIDO TOKIO MARINE NICHIDO FIRE INSURANCE CO., LTD. (Incorporated in Japan) (Company Registration No. 0199-01-*****4) to acquire all the
      1,797 words
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  • PERSONAL INVESTMENT
    • Article, Illustration
      Lock icon BROKERS' TAKE
      984 8  -  Compiled by UMA SHANKARI Singapore Exchange Jan 12 dose: 555.90 CITIGROUP RESEARCH, Jan 12 Sell, target 555.05: This is based on FYO7E profits of ***** million, average daily turnover of Ssl.2 billion, target PE of 21.5 times; and assumed ***** million or 550.23 per share from HQ building
      Source: Bloomberg  -  984 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      1079 8 For week beginning Jan 8 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Subsantial Buy No of Price SHAREHOLDING Tram Shareholder/ Sefl Shares Per Wore After Stodc Date Director Conv '000 Shr S (OOP) °°°> 5 Lee Metal 12-Jan-07 Lee Lin Poey Sell 2500 0.15 ***** 19.69 ***** 18.99 Lee Metal
      1,079 words
    • Article, Illustration
      Lock icon The difference sentiment makes
      1065 8  -  SHOW ME THE MONEY Changes in investor sentiment have different effects on different stocks TEH HOOI LING Senior Correspondent INVESTOR sentiment hasn't been this good for a long while. The stock market is into its fifth year of growth, and in the broader market, stocks have
      Compiled by BT  -  1,065 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Tiger Airways will fly to Perth in March
      406 9  -  By CONRAD RAJ FOR a mere $21.52, budget carrier Tiger Airways will soon fly travellers to the West Australian city of Perth. The price excludes taxes and other fees like fuel surcharges. At a press briefing in Perth, Australian Tourism Minister Sheila
      AFP  -  406 words
    • Article
      Lock icon Int'l advisory panel backs R&D push at local varsities
      443 9  -  It also lauds govt's commitment to provide more research resources By VINCENT WEE RESEARCH and teaching excellence will be the twin pillars that will uphold Singapore's three autonomous universities (AUs) as they move into the next league. This was the thrust
      443 words
    • Article
      Lock icon SINGAPORE ROUNDUP
      143 9 Property tax payments due OVER 1.1 million property owners have been issued with their annual property tax bill by the Inland Revenue Authority of Singapore. They are reminded to pay the tax by Jan 31 and preferably through Giro, via the Internet, or at self-service kiosks. SM to
      143 words
    • Article
      Lock icon Slower GDP growth no cause for alarm, say analysts
      492 9  -  By JANICE HENG SINGAPORE'S growth may slow this year but there is no cause for alarm. And even if the economy slows down, the stock market will stay strong. In short, the year ahead may not look dazzling, but neither will
      492 words
    • Article, Illustration
      Lock icon Paillart wins more suits against ex-DBS exec
      420 9  -  By WONG WEI KONG FORMER DBS chief executive officer Philippe Paillart has scored several more victories in the High Court against another former DBS executive in an ongoing spat over an investment gone sour. Mr Paillart won a lawsuit in the High Court
      420 words
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      1243 9 JL LINAIR TECHNOLOGIES LIMTIED Registration No. *****5699 D (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Orchid Country Club, 1 Orchid Club Road, Sapphire 3 (Hotel Section) Singapore *****2 on Tuesday,
      1,243 words
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  • MALAYSIA
    • Article
      Lock icon SGX MAINBOARD
      3682 10 Transaction date: Jan 12 at.a. a a ar-am. sr; s-a a a jr- ara. z°~* s -a gt-a. a a s*! s -a fi i 1 ggg^" —f? S 'iu s ii a ,11 i! ,j ,s ii 111 r J 1 I s j§ jj J |f
      3,682 words
    • Article, Illustration
      Lock icon KL committed to GLC reform but won't rush it
      638 10  -  World Bank report says M'sia must tackle issue of ownership By PAULINE NG in Kuala Lumpur THE Malaysian government has reiterated its commitment to trimming its stakes in state-con-trolled publicly listed companies but says it will not act capriciously despite market
      638 words
    • Article
      Lock icon Civil servants may get first pay hike in 15 years
      247 10 Bloom berg [KUALA LUMPURI Malaysian Prime Minister Abdullah Ahmad Badawi may give government workers their first pay raise in 15 years as part of a campaign to stamp out what he called "shameful" corruption. "Tell yourselves, no bribes," Mr Abdullah
      Bloom berg  -  247 words
    • Article
      Lock icon KL confirms GM's interest in Proton
      128 10 AFP IKUALA LUMPUR] Malaysia yesterday confirmed that General Motors Corp (GM) is discussing taking a stake in struggling carmaker Proton, which has also attracted interest from Volkswagen and PSA Peugeot Citroen. "GM is interested in Proton and we are looking at it," Second Finance
      AFP  -  128 words
    • Article, Illustration
      Lock icon At least 2 more rounds of talks before FTA with M'sia: US
      633 11 Sticking points include awarding govt tenders to Bumiputra firms, environmental issues AP [KUALA LUMPUR] At least two more rounds of negotiations are needed to overcome remaining obstacles and reach a free trade agreement between the US and Malaysia,
      AP; AFP  -  633 words
    • Article
      Lock icon SGX
      6016 11 Transaction Date: Jan 12 MOST ACTIVE STOCKS VOLUME VALUE PDC Corp 147.696.000 DBS Grp 130.140.573 MediaRinq 110.467.000 Gen Intl 92.934.800 Gen Intl 95,043,000 SingTel 79.269.310 Jasper 89.839.000 OCBC Bk 56.599.550 Yongnam 83,634.000 Keppel Corp 54.951.300 Sapphire 70.281.000 SGX 46.249.500 ChinaEntSp 56.935.000 Capita Land 46.011.950 Auston 56.517.000 SIA 42.783.900 Sunninqdale
      6,016 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon NO NOBU? NO NEED TO FRET
      70 12 [HONG KONG] Japanese chef, Nobuyjki Matsuhisa (centre), toasting with Hong Kong Inter-Continental Hotel managing director Jean-Jacques Reibel (right) during a press conference for the opening of a Nobu restaurant here this week. While Nobu restaurants are found in cities such as New York, London,
      AFP  -  70 words
    • Article
      Lock icon Incentives would aid China bank reforms: IMF
      548 12 Foreign investors have limited impact on modernising financial system Reuters [BEIJING] China could bolster its drive to strengthen its banking sector by giving foreign investors greater incentives to participate in much-needed reforms, a new International Monetary Fund working paper says. Foreigners have paid
      Reuters  -  548 words
    • Article
      Lock icon Economic growth in Q4 slows: govt agency
      206 12 Bloomberg [HONG KONG] Growth in China's economy, the world's fourth largest, slowed in the fourth quarter, according to a statement from the country's top economic planning body. Gross domestic product expanded 10.5 per cent in 2006 from a year earlier. National Development and
      Bloomberg  -  206 words
    • Article
      Lock icon Teahouse name deemed 'unethical'
      50 12 It has been ordered to change its 'Frog keeps a mistress' name AP [SHANGHAI] A Shanghai tea house, whose name roughly translates as "Frog keeps a mistress", has been deemed a threat to public morality and told yo get a new moniker, local media said yesterday.
      AP  -  50 words
    • Article
      Lock icon Hedge funds invested in China seen to grow
      372 12 Strongest returns from emerging Asian markets Reuters [LONDON] Hedge funds that invest in China are expected to grow sharply this year and the emerging markets of Asia will be the region with the strongest returns, according to a survey by Deutsche Bank.
      Reuters  -  372 words
  • Page 12 Advertisements
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      1589 12 HG METAL MANUFACTURING LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****2660 D) Registered Office No. 30 Jalan Buroh, Jurong Town Singapore *****6 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of the Company will be held at No. 28 Jalan Buroh,
      1,589 words
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  • INDIA
    • Article
      Lock icon India expects free trade pact with Asean by July
      347 13 Minister's comments mark a breakthrough in stalled talks AFP. Bloom berg [CEBU, Philippines] India said on Thursday it was close to reaching a freetrade agreement with the Association of Southeast Asian Nations (Asean) and expected to have it wrapped up by
      AFP.; Bloom berg  -  347 words
    • Article
      Lock icon Vodafone may have to raise offer
      188 13 Reuters. Bloomberg [LONDON] Vodafone Group pic may have to raise an expected USsl7 billion offer for Hutchison Essar to stop Essar, the minority stake holder of the Indian mobile phone firm, from resorting to blocking tactics, the Financial Times reported yesterday, citing people familiar
      Reuters. Bloomberg  -  188 words
    • Article
      Lock icon India's Reliance may bid for GE's plastics business: report
      221 13 INDIA ABROAD Acquisition could be biggest-ever by an Indian firm Reuters [MUMBAI] India's top petrochemicals firm, Reliance Industries Ltd, is exploring options to bid for General Electric Co's (GE) plastics business unit, The Economic Times reported yesterday. Reliance, which is also
      Reuters  -  221 words
    • Article, Illustration
      Lock icon Infosys to expand outside US, may acquire in Europe
      379 13 Bloomberg [MUMßAl] Infosys Technologies Ltd, India's secondbiggest software company, said it may make an acquisition in Europe as part of its plan to expand its business outside the US. The company may be "making a small acquisition in some of the
      Bloomberg; AP  -  379 words
    • Article
      Lock icon Starbucks to link up with Pantaloon, Mitra
      45 13 Bloomberg [JAKARTA/NEW DELHI] Starbucks Corp, the world's biggest coffee-shop chain, wiĺ enter India by tying up with Kishore Biyani, head of the country's biggest publicly traded retailer, and V P Sharma, president of the US company's Indonesian franchise.
      Bloomberg  -  45 words
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      1555 13 AVE MAE ENGINEERING LTD (the "Company") (Registration No. *****1961 C) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at The Cathay Cineplex Hall 4, Level 6, No. 2 Handy Road, The Cathay,
      1,555 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Ministers meet on sidelines of Asean summit
      388 14  -  ASEAN SUMMIT PM Lee and George Yeo meet with counterparts to discuss issues By DANIEL BUENAS in Cebu PRIME Minister Lee Hsien Loong met Vietnamese Prime Minister Nguyen Tan Dung on the sidelines of the Asean Summit in Cebu yesterday. They discussed ways
      LIM SIN THAUST  -  388 words
    • Article
      Lock icon Beijing's trade timetable is ambitious: Aussie minister
      454 14 Reuters [CEBU, Philippines] Australia's trade minister cautioned yesterday that a Chinese timetable for significant developments in discussions for a bilateral free trade deal were "ambitious". Speaking on the sidelines of a regional summit in the Philippines, Warren Truss also warned that there was
      Reuters  -  454 words
    • Article
      Lock icon BURSA MALAYSIA
      2115 14 VM GamudaBhd J.15 -005 MJ Magna Pinna Bhd undi unrfi 0 Qsr Brands 6hd 138 LTKti ?5 leal2 *M CM GiiwilCanw 0.74 DM 1521 Magnt Tad) Indus vavh I**ti 0 HaaNo "va&a W09 .4.15 laidi 619 GentingBAd U.75 135 1252 Magnun «0 Bhd unCh undi 0 llastlid Mu»a-W07
      2,115 words
    • WORLD WATCH
      • Article
        Lock icon US retail sales up 0.9% in Dec
        35 14 AFP [WASHINGTON] US retail sales increased 0.9 per cent in December, data showed yesterday, suggesting consumers are still opening their wallets despite weakness in other segments of economy.
        AFP  -  35 words
      • Article
        Lock icon GE may be preparing large acquisition
        77 14 Bloomberg [MADRID] General Electric Co (GE), the world's second-biggest company by market value, may be "gearing up" to make a large acquisition to sustain growth, Merrill Lynch Co analyst John Inch said in a report. The budget for a purchase may extend to tens
        Bloomberg  -  77 words
      • Article
        Lock icon CVC Asia, Macquarie mull Sino-Forest bid
        50 14 Bloomberg [BEIJING] CVC Asia Pacific Ltd and Macquarie Bank Ltd are considering a takeover of Sino-Forest Corp, Asia-Pacific's second-largest timber plantation company, said five people with knowledge of a potential bid. The operator has a market capitalisation of C$ 1.2 billion (Ssl .57 billion).
        Bloomberg  -  50 words
      • Article
        Lock icon Tyco, McKinsey staff charged in graft case
        56 14 Bloomberg Employees of k Tyco International Ltd and Co were among 4 22 people charged by police for accepting bribes, as a Chinese government dragnet against graft extended to overseas companies, according to a statement. The people were charged with accepting a combined
        Bloomberg  -  56 words
      • Article
        Lock icon Canon to buy Toshiba flat-panel stake
        65 14 Bloomberg [TOKYO] Canon Inc, Japan's most profitable electronics and office equipment maker, will buy Toshiba Corp's stake in a flat-panel venture to avoid a lengthy legal dispute with a US company. Canon will buy Toshiba's 49.9 per cent stake to turn the venture into
        Bloomberg  -  65 words
      • Article
        Lock icon Toshiba sues Hynix over NAND chips
        40 14 Reuters [TOKYO] Toshiba Corp said it had sued South Korea's Hynix Semiconductor Inc in a US court over two patents on NAND-type flash memory chips, the latest in a string of suits and countersuits.
        Reuters  -  40 words
      • Article
        Lock icon Samsung posts 8% decline in Q4 profit
        33 14 AP [SEOL] Samsung Electronics Co reported yesterday that fourth-quarter profit declined 8 per cent, amid a stronger South Korean currency and price declines for key products.
        AP  -  33 words
    • Article
      Lock icon Wynn sues Lloyd's of London over damaged Picasso
      400 14 AP Bloomberg [NEW YORK] Casino mogul Steve Wynn sued Lloyd's of London on Thursday, saying the insurance company failed to act properly on his demands to pay US$54 million in lost value for a Picasso that was damaged when Mr Wynn accidentally
      AP; Bloomberg  -  400 words
    • Article
      Lock icon Risks loom in Asian financial markets: Fosler
      552 14  -  By ANNA TEO [SINGAPORE] The global outlook for 2007 looks fairly benign, if not quite buoyant, with even the US economy headed for solid if slower growth, says the chief economist of The Conference Board. What concerns Gail Fosler more is the stability
      552 words
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      Lock icon Page 14 Advertisements Column 1
      215 14 CATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 NOTICE OF RESOLUTION FOR VOLUNTARY WINDING UP PURSUANT TO SECTION. 290(2)(b) THE CLOTHING COMPANY PTE. LTD. (Company Registration No: *****3191E) MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 141 Cecil Street #10-01
      215 words
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  • GOLF
    • Article, Illustration
      Lock icon Tee up, there's life after 40
      1283 16  -  The older they get, the better golfers become as their mental strength is more stable than that of younger athletes, writes JUSTINE MOSS IUSTINE MOSS LAST weekend, a 43-year-old proved that you don't have to be on the right side of 40 to keep
      FILE PHOTO; REUTERS; AP  -  1,283 words
  • Page 16 Advertisements
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      Lock icon Page 16 Advertisements Column 1
      186 16 wine&dine withweekendßT Ah Hoi's Kitchen Poolside, Traders Hotel (above TanglinMall). Tel: *****373 Ah Hoi's hot and delightful Pomfret Steamboat is an excellent meal for two. The Chefs Magnificent 7 menu makes ordering so simple and every dish is a must-try. Savour Sri Lankan chilli and black pepper crabs, lobster vermicelli,
      186 words
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      Lock icon Page 16 Advertisements Column 2
      163 16 buffet-style. Breakfast daily 6am to 10.30 am. Lunch: Mon to Fri, 12pm to 2.30pm. High Tea: Sat Sun and public holidays, 12.30pm to spm. Dinner daily 6.30pm tplo3opm. Kopi Tiam, Swissotel The Stamford 2 Stamford Road. TeL 6431 6156 Please your tastebuds with a delectable spread of four exciting fish
      163 words
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      Lock icon Page 16 Advertisements Column 3
      168 16 than chatting over a cup of tea and indulging in delicious cakes and savouries while live piano music tinkles in the background? Our Sunday High Tea. in a lovely colonial heritage building, brings you back to a i 4 more elegant era at $15.80+++ (adult) and $7.9o+++ (child). Chatterbox 333
      168 words
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      Lock icon Page 16 Advertisements Column 4
      181 16 r lust add $2.Bo+++ to enjoy the dessert of the day. Set lunch is available from Mondays to Fridays only. Experience a world of dining pleasures from Oscar's lunch and (firmer buffet menus, from fresh seafoocL J soups, enticing local and international dishes and unique noodle station to one of
      181 words
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  • WELLNESS
    • Traditional therapy gets hip
      • Article, Illustration
        Lock icon Finer points of melting stress
        634 17 Red White Pure #03-09 Vivo City, 1 Harbourfront Walk Tel: 6827 0088 www.redwhitepure.com THERE are very few companies in the world that are in the position to make TCM hip enough to penetrate international non-Chi-nese markets. Especially without compromising on the quality of TCM therapies.
        634 words
      • Article, Illustration
        Lock icon Put your feet up
        397 17 Bath Culture Foot Therapy 59 Temple Street Tel: 6226 6289 WHILE Western science can tell us that each foot consists of 26 bones, 20 muscles and 112 ligaments, and the supports approximately twice our body weight with each step, Chinese medicine focuses on the thousands of
        397 words
      • Article, Illustration
        Lock icon Acupuncture in a clinic
        530 17 Raffles Hospital Chinese Medicine centre Level 13, Raffles Hospital, 585 North Bridge Road. Tel: 6311 2388 or the 24-hour hotline: 6311 1222 WHILE public hospitals have long provided Chinese medicine, Raffles Hospital became one of the few private hospitals offering this branch of treatment last year.
        530 words
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  • SHOPPING
    • Article, Illustration
      Lock icon What's hot in 2007
      1128 18  -  Chinese New Year is looming, but before you lose yourself in the festive season's obligatory reds, remember to keep some of that year-end bonus for spring/summer's hottest looks. CORINNE KERK gives a quick round-up of the key trends this season CORINNE KERK FASHION SPRING/SUMMER 2007 will
      ALLDRESSEDUP; CHLOE; ON PEDDER; MAKE UP STORE; MAC; TANGS; PHOTOS BY REDKEN  -  1,128 words
    • Article, Illustration
      Lock icon Science and style
      590 18  -  By CORINNE KERK CALLING all ladies who Botox, have had plastic surgery and are willing to pay top dollar for skincare. Sccube (pronounced S cube) an apothecary started by two locals who believe in independent cosmetic brands with a strong scientific basis opened last month at Centrepoint
      590 words
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  • PURSUITS
    • Article, Illustration
      Lock icon A fashionista's collection
      717 19  -  To say that socialite Jamie Cuaca is a Manolo Blahnik fan would be an understatement, as CHEAH UI-HOON finds out CHEAH UI-HOON IT wouldn't be wrong to say that socialite Jamie Cuaca has a lofty lifestyle seeing that the erstwhile SIA girl flew the skies for three
      Photo: YEN MENG JIIN; Hair: MARTIN IP (Le Orient) Makeup: CECILIA CHNG (Vive Salon)  -  717 words
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  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      178 19 CRYPTIC CROSSWORD able pace (7) AfnC an city (7) YESTERDAY'S SOLUTION DOWN 8 Execution done as he stuck Across 4Tq and fro g Ratent 9 1 Bits need softening if settling in r asnamea u.4,4; Enticing, 10 Basilica, 11 Reason, 12 (7,4,4) 15 P r g a^, piCtures Red alert,
      178 words
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  • The BUSINESS TIMES weekend
    • Article, Illustration
      Lock icon The Pier takes off to a strong start
      1017 20  -  It offers a well-defined lifestyle approach and a food and beverage tenant mix that is attracting diners near and far, says GEOFFREY EU GEOFFREY EU IT ALL seems so obvious: trendy apartment by the river, pretty views over the water and cool
      1,017 words
    • Article, Illustration
      Lock icon European fare with Asian twist
      436 20 THE newest restaurant at The Pier is Reif+ James, which opened about four weeks ago and offers European cuisine in a small, subdued and elegant space in a quiet corner of the development. The restaurant name refers to Refaie Kee, 29 and James Charles. 40.
      436 words
    • Article, Illustration
      Lock icon Divine intervention
      811 20  -  Novus injects a shot of modern European into the culinary scene, writes GEOFFREY EU GEOFFREY EU Novus Restaurant Bar #01-02 National Museum, 93 Stamford Road. Tel: 6336-8770, www.novus.sg. IT'S taken a while for the National Museum to get in on the culinary act a mere 119 years or
      YEN MENG JIIN  -  811 words
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