The Business Times, 31 May 2003

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Total Pages: 18
1 18 The Business Times
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  • Title Section
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    14 1 MfTA (P) 024/03/2003 85c THE BUSINESS TIMES weekend SINGAPORE MAY 31 JUNE 1. 2003
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  • Article
    Lock icon S'pore factories in China weather Sars well
    726 1  -  But outbreak has highlighted the importance of having multiple manufacturing sources Bu Loh Hui Yin, Daniel Buenas [SINGAPORE] Singapore manufacturers with China operations in contrast to beleaguered companies in the hospitality sector here have been coping surprisingly well with the Sars outbreak, a
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  • Article, Illustration
    Lock icon Retailers pull out all the stops
    755 1  -  Deeper discounts await shoppers at Great Singapore Sale, report DANIEL BUENAS and KENNETH UM DANIEL BUENAS, KENNETH LIM SHOPPERS are in for a treat the next six weeks as ailing retailers roll out better discounts on a wider range of goods in the hope
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  • Article
    Lock icon IDA sees lower prices for local leased circuits
    488 1  -  K seeks feedback on mandating wholesale prices By 1 Tang Weng Fai [SINGAPORE] THE Infocomm Development Authority (IDA) is seeking industry feedback on whether it should mandate wholesale prices for local leased circuits (LLCs). The circuits the so-called "last mile" of telecom
    488 words
  • Article
    Lock icon Big boost as S'pore gets Sars all-clear from WHO
    239 1 [SINGAPORE] Singapore is off the World Health Organisation's Sars list. The Ministry of Information, Communications and the Arts (Mita) said the removal effective today was "a recognition of the comprehensive and rigorous measures that have been put in place in Singapore".
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  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      83 1 MOTORING The new BMW 5-series: full of technology, but still drives like 11 a dream. PW* 12 jH Raffles Conversation House-hunting r > Richard Eu: 'Rebel' What's a,ailable and where Pg 5 W a herbal cause Personal Investment t Pg 3 Is Prima's deal that bad? Pg 7 BT Weekend—all
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      260 1 WATCHES newsbreak Nat Steel earnings dive 29.5% in Q1 (SINGAPORE] Nat Steel says its earnings plunged 29.5 per cent to $9.6 million in the First quarter, reflecting the disposal of its majority stake in electronics maker Nat Steel Broadway. In a move to refocus on its core steel business, Nat
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      9 1 COMPANIES PSC minority shareholders make themselves hear! PAGE 4
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      11 1 CORPORATE' ANALYSIS The tide has finally turned for NOL. PACE 4
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  • news front
    • Article, Illustration
      Lock icon A filial show of support for the Citibank-BT fund
      247 2 Sars fund's single largest donation of $50,000 conies from listed Air Ocean TILL the very end, companies showed that they were unstinting in supporting the Citibank-The Business Times Sars fund. A final contribution of $50,000 the largest single donation to the
      247 words
    • Article, Illustration
      Lock icon KL invites S'poreans to live or retire in Malaysia
      561 2  -  Residents from China and Taiwan also being wooed in 'Malaysia: My Second Home' programme By Leonard Lim (SINGAPORE] The Malaysian government is believed to be targetting for the first time residents from Singapore, China and Taiwan in its "Malaysia: My Second
      561 words
    • Article
      Lock icon Most firms don't plan wage freeze or cut: Mercer
      485 2  -  2.75% wage rise in '03 Hkety for most workers, poH finds By Anna Teo [SINGAPORE] Perhaps the business climate is not quite so bad after all, going by the findings of a pay poll. Despite the National Wages Council's (NWC) suggestions,
      485 words
    • Article
      Lock icon Batam, Bintan – two FTA posers for business
      671 2  - Batam, Bintan two FTA posers for business Businessmen think islands are part off the USSFTA, but not S'pore officials By Yang Razali Kassim [SINGAPORE] Are Batam and Bintan part of the USSingapore Free Trade Agreement? Will a company enjoy duty-free access to the US market if it moves its business
      671 words
    • Article
      Lock icon Biotech is more than just costs and competition
      625 2 saturdaysoapbox with Gurindec Shahi LAST Saturday, The Business Times ran an article on the push for bio-technology on both sides of the Causeway. The danger of presenting the issue in an "us-versus-them" style is that it does not do enough justice to
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  • the raffles conversation
    • Article, Illustration
      Lock icon Measure of worth
      1955 3  -  Richard Eu, CEO of Eu Yan Sang, may belong to one of S'pore's oldest families but things were not handed to him on a silver platter. Instead, his vision helped the firm become a hip proponent of Chinese medicine with 72 outlets in S'pore and the region.
      ARTHUR LEE  -  1,955 words
    • Article, Illustration
      Lock icon Prescription for group's health
      839 3 BEFORE Sars, Eu Yan Sang had been quietly trudging along, largely unnoticed by the stock market, its dislike for corporate song and dance causing analysts to describe it as conservative and cautious, and possibly even boring. Even its latest half-year results ended Dec 31, 2002, hardly
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      73 3 The Raffles Conversation is brought to you through a special V arrangement with Raffles I j I International Hotels and I Jk I I Resorts. The Traveller's Palm in L. the Raffles International logo is IN TERN AT IO NA L an fp< nly has water stored at the base
      73 words
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  • news companies
    • Article
      Lock icon PSC shareholders question firm's recent investments
      601 4  -  AGM sees lively exchange over the group's strategy By Michelle Quah IF the management at Provisions Suppliers Corporation (PSC) thought they were going to have a short and sharp annual general meeting (AGM) yesterday, it couldn't have been more wrong. Led by shareholder Clinton
      601 words
    • corporateroundup
      • Article
        Lock icon New look for ComfortDelGro
        76 4 COMFORTDELGRO unveiled its new corporate logo yesterday. Guest of honour Lim Boon Heng, who is Minister in the Prime Minister's Office, said the size of the recently merged company will help it to compete more effectively overseas. Expanding beyond the domestic market would also result in
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      • Article
        Lock icon HDB CEO joins Keppel Land board
        90 4 HDB chief executive officer Niam Chiang Meng and former Fraser Neave (F&N) managing director Tan Yam Pin are joining Keppel Land as additional directors from June 1. Mr Niam, 45, served in various positions in the civil service before joining HDB. including as permanent
        90 words
      • Article
        Lock icon CK Tang into 10th year of losses
        151 4 LOCAL retail giant CK Tang earned the unenviable and rare position of accumulating its 10th consecutive year of losses yesterday. Net losses more than doubled to $24 million for the year ended March 31, dragged down by exceptional items which amounted to $17
        151 words
      • Article
        Lock icon Cerebos H1 profit leaps to $37m
        63 4 CEREBOS Pacific is getting a strong boost from its food and health tonic products as the Singapore-listed firm unveiled more than a doubling of profits for its first half, helped by higher sales. Profit surged to $38 million from $16.7 million. With the Sars
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      • Article
        Lock icon Oei 2nd biggest Acma shareholder
        76 4 A LITTLE known fact about Oei Hong Leong emerged on Thursday when Acma named the shrewd investor as a shareholder. Responding to a query from the SGX over its latest annual report, the former market darling said Mr Oei's Chip Lian Investments is its second
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      • Article
        Lock icon Strong Q1 results from HLA
        100 4 HONG Leong Asia (HLA), which is engaged in a mammoth legal battle with a Chinese partner, turned in strong results for the first quarter. Net profit for the three months was $14.8 million, more than double the $6.8 million in the previous corresponding period and
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      • Article
        Lock icon Kweks buy more of Hwa Hong
        90 4 TYCOON Kwek Leng Beng continues to pile on the shares of Hwa Hong Corp. Mr Kwek's flagship Hong Leong Investment Holdings yesterday said it bought another 2 million shares of the property and construction company. Hwa Hong is controlled by the Ong family, whose
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      • Article
        Lock icon GK Goti sinks into the red
        76 4 GK Goh Holdings saw its strong first-quarter showing last year reversed in the first three months of its current fiscal year. It registered a net loss of $3.1 million, compared to a net profit of $8.7 million a year ago. The group said losses
        76 words
    • Article, Illustration
      Lock icon Going topless
      191 4 Capita Mall Trust, Singapore's first property trust, said it plans to remove a 53,700-squarefoot roof from a five-storey mall it's buying, to make wayfor outdoor concerts and events to draw more shoppers to the retail centre. The topfloor of the mall, called IMM, is usually usedfor conventions and
      FILE PHOTO  -  191 words
    • Article
      Lock icon MARKETS
      73 4 Dsn 1,349.00 (+4.70) ST INDEX FUTURES 1,358.00 (+12.00) mm SIMSCI FUTURES LJ 167.50 (+1.00) Friday Change KLSEOOMP 671.46 -«.5» NIKKEI 225 8.424.51 '4915 HANG SENT. 9.487.38 21.17 SET INDEX 4«3.82 +0.42 JAKARTA m pm i• ..rlowd MANILA CUMP _1.073.69 »722 TAIPKIWPI 4.555.9(1 12.86 SEOI LCOMP 633.42 *0.99 SHENZHEN B
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    • Article
      Lock icon FINANCE
      76 4 FOREX RATES USI s$ I'SS (SSper (SS) 1.731 S(l per 1650 1856 El RO(l SS/SS/E). 1184 1050 YEN 118.7 68.50 RM 3.800 1195 HkS 7.798 4.505 BAHT 41.74 24.11 RIP1AK We 4.813 RENMINBI 8199 4.794 INDIAN RIPEE_ 47.04 27.17 PRIME RATES SIMUPORK* AJi MALA LTUPIR «i<M HUVG KO\G i«00
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    • Article, Illustration
      Lock icon NOL needs to steer decisively
      897 4  -  corporate analysis Following its recent return to profitability, NOL's next challenge is to maintain healthy financials in the long run, says BETH JINKS BETH JINKS THE tide has finally turned for Neptune Orient Lines (NOL), which is sailing towards "significant profits" after two years of
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    • Article, Illustration
      Lock icon Improving sentiment lifts market
      595 4  -  market review ven sreenivasan WALL Street may have taken a breather, but that was no cause for pause in the local market yesterday. The Straits Times Index climbed to a four-month peak, with Singapore Telecom and the banks hitting recent highs as punters, stockists and val-ue-seekers
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  • money property
    • Article, Illustration
      Lock icon The hunt is on
      1185 5  -  For private homes, that is, as homebuyers go showflat-hopping and developers launch a range of new offerings, says KALPANA RASHIWALA KALPANA RASHIWALA AFTER hibernating for more than six months, homebuyers have started coming out of their dens and are once more flocking to showflats. And after
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  • Article
    Lock icon KLSE
    2030 5 Transaction date: May 30 KUALA LUMPUR >m o<, mag r JT, Getting 1340 <30 1*2 George Kent 431 0 06 589 AIMKmHv 071 002 3 GkiWrumoTtdi- 5-20 020 769 At** 0.01 »i -J®J 15 ACP industries 2 94 004 224 GoM Bndge Engrg 039 0.01 226 133 52 2E
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  • money personal finance
    • Article
      Lock icon Joint-ownership pitfalls for singles
      902 6  -  Problems can arise when one buyer uses CPF money, SIOW U SEN finds out SIOW LI SEN IN Singapore, although it is hardly mentioned, singles who want to buy a private property together find it an emotionally-trying exercise when Central Provident Fund money is involved. That's
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    • Article
      Lock icon PTB ratio good share-price indicator
      872 6  -  By Teh Hooi Ling THE portfolios that BT tracks have proved in real life what numerous back-testings have shown, that is, phce-to-book (PTB) ratio is a good if not the best predictor of future share price performance. The portfolio, made up of stocks with the
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  • Article, Illustration
    Lock icon FINANCE
    604 6 Transaction date: May 30 nTTERBAIlkc?roREirCTRATES Against S$ Against US$ Against.S$ Against USS Currencies BM Offer BM Offer Currencies BW Offer BM Offer SUSS to too S&1SS to one tatit nf foreign currency: tin its of foreign Australian dollar 112* U313 0 6528 0.6533 .IT"*'!.. Canadian dollar 1.2*57 L2669 0.73D
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      714 6 BUKIT SEMBAWANG ESTATES LIMITED N1 hi FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT Unaudited Results for the Year ended 31 March 2003 The Board of Directors of Bukrt Sembawang Estates Limited is pleased to announce the unaudited results of the Group and of the Company for the year ended 31 March 2003
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  • money personal investment
    • Article
      Lock icon Two families, two priorities, two game plans
      1139 7  -  By Genevieve Cua OVER the last few columns, we've tried to outline what financial planning means for a family. Lest a recent example of a banker who managed to accumulate a net worth of more than $2 million—seem inaccessible to you, here are
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    • Article, Illustration
      Lock icon Prima's offer price a tad low
      1247 7  -  show me the money An analysis indicates that the offer price is 22-28% below the estimated value of its assets teh hooi ling SOME shareholders have expressed dissatisfaction at the price offered by the founding Cheng family to take flour miller Prima private. They
      Source: Thomson Financial Datastream  -  1,247 words
  • Article
    Lock icon BT SHARE INFORMATION SERVICE
    856 7 for week beginning May 26 Traaa lkl'!k"lllii< S3 Skra 'n Mm Hadi 9am Ofrerter Cm -boo tti> r*OB| mno-Padflc Hidgs 20-Mey43 Quek Chek Lan *Sa« 3000 003 3*00 1.1 (00 02 MFSTadl 28-May-03 Pang Tak lim Ml 2000 0.40 7109 1.7 51*9 IJt StartechElec 2S-May-03 Aetna
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      213 7 Brought to you by: Odbsbank call »il-free ******9 8831/»—il rttniil>ipi[OBjg LOMOND SHIPPING SERVICES PTE LTD (IN MEMBERS' VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Componies Act. Cap. 50 that a Final Meeting of the Members of the abovenamed company will
      213 words
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      Lock icon Page 7 Advertisements Column 2
      185 7 ZHAO DE TANG PTE LTD (IN MEMBERS' VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN purwont to Section 308 of the Companies Ad, Cap SO that a Final Meeting of the Members of the abovenamed company will be held at 7500 A Beach Road #16-321 The Plaza
      185 words
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      Lock icon Page 7 Advertisements Column 3
      187 7 The Companies ACT CAP. 50 E.G. TAN Nominees Pie. Ud, (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the final meeting of members will be held at 18D Duku Lane Singapore *****5 on 2 July 2003 at 11.30 am for
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      Lock icon Page 7 Advertisements Column 4
      96 7 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MORGAN STANLEY DEAN WITTER FUTURES (SINGAPORE) PTE (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF MEMBERS' VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of Members of the abovenamed company held on 21 May
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  • news at home
    • Article
      Lock icon Govt suspends confirmed list for H1 industrial sites
      558 8  -  Supply also slashed as two Tampines sites near wafer fab park withdrawn, release of Tuas site delayed By Kalpana Rashiwala IN a move that spells relief, if only temporarily, for the oversupplied industrial property market, the government yesterday said it will not
      558 words
    • Article
      Lock icon S'pore Mediation Centre aims to be tops in Asia
      329 8  -  It will step up export of ADR services, increase training activities overseas By Denesh Divyanathan aiiNUAruKfc Mediation Centre (SMC) aims to become Asia's preferred alternative dispute resolution (ADR) centre and promote Singapore as a premier dispute resolution capital, incoming chairman Justice
      329 words
    • Article, Illustration
      Lock icon Artist Liu Hang's $18m gift
      205 8 LIKE this picture of generosity and gift-giving he painted, Liu Kang, 92, one of Singapore's eminent pioneer artists, has offered up his entire lifetime's work to the Singapore Art Museum. The collection of over 1,000 works paintings and drawings, as well as several volumes of
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    • Article
      Lock icon Public Accountants Board, RCB to merge into stat board
      234 8 THE Registry of Companies and Businesses (RCB) and the Public Accountants Board (PAB) will merge to become a statutory board under the Ministry of Finance (MOF) by next April 1. The new stat board will be headed by chief executive (designate)
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    • Article
      Lock icon Financial planning event to raise Malay awareness
      172 8 HOPING to raise awareness in the Malay community about financial planning, two Malay-language publications are organising a conference titled "Wang Seumur Hidup", or "Money for Life". The event, slated for July 12 and 13, is organised by the daily newspaper Berita Harian and
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      1076 8 MM COMMERZBANK lit MMI 1.1-31.12.2002 1.1-31.12.2001 Assets 31.12.2002 31.12.2001 In Euro m In Euro m In Euro m in Euro m Interest received 18,032 22,571 Cash reserve 8,466 7,632 Interest paid 14,899 18,990 Claims on banks 54,343 63,392 Net interest income 3.133 3,581 Claims on customers 148.514 220.315 Provision for
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  • news executive jobs
    • Article, Illustration
      Lock icon Fancy being CTO of Singapore?
      649 9  -  The candidate faces the challenging task of leading IDA and the infocomm industry to further Singapore's growth as a key hub in the region, reports DANIEL BUENAS DANIEL BUENAS U-W- T would appear that we have reached the limits of I what it is possible
      ADAPTED FROM REUTERS PHOTO  -  649 words
    • Article
      Lock icon More queueing up for part-time work
      481 9  -  By Leonard Lim THOMAS Edison once said: "Opportunity is missed by most people because it is dressed in overalls and looks like work", and it seems some people have heeded his 'advice' over the past two months. Some job agencies polled by BT reported
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  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      1090 9 W IN NO-PACIFIC HOLDING LTD NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 29th Annual General Meeting of the Company will be held at 70 Shenton Way. #03-02 Marina House. Singapore *****8 on Friday. 27 June 2003 at 10.00 am to transact the following businesses AS ORDINARY
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  • news region
    • Article, Illustration
      Lock icon Asian economies in a bind over falling US dollar
      681 10 Bloomberg [SINGAPORE] First it was the war in Iraq. Then came the deadly Sars virus. Now slumping Asian economies face a slow recovery as a weaker dollar hurts overseas sales of everything from Indonesian-made blue jeans to South Korean cars. Malaysia
      Bloomberg; AFP  -  681 words
    • Article
      Lock icon HK's GDP contracts in Q1 on Sars outbreak
      425 10 Virus triggers slump in consumer spending, offsetting boost from surging exports Reuters [HONG KONG] Hong Kong's economy contracted for the first time in nearly two years in the three months to March as the deadly Severe Acute Respiratory Syndrome (Sars) virus struck,
      Reuters  -  425 words
    • Article
      Lock icon Kumpulan Guthrie rejigs listed units
      380 10  -  From Diana Oon Abdullah in Kuala Lumpur PLANTATION giant Kum pulan Guthrie (Guthrie) yesterday announced a plan to rationalise the group through a series of share swaps which would involve taking two of its listed units private, while listing its property development subsidiary Guthrie Property
      380 words
    • inbrief
      • Article
        Lock icon Jakarta plans Mandiri IPO roadshow
        122 10 Reuters [JAKARTA] Indonesia plans a roadshow in Asia and Europe in the middle of June to seek prospective buyers for up to 30 per cent of the country's largest bank. Bank Mandiri, a government official said yesterday. The official, who is involved in the initial
        Reuters  -  122 words
      • Article
        Lock icon JI held meeting last month: report
        112 10 AFP (SYDNEY] An Indonesian group linked to the AlQaeda network held a high-level meeting last month in Indonesia, possibly to identify new terrorist targets, The Australian newspaper reported yesterday. Citing unidentified intelligence sources, the newspaper said the meeting involved members of four cells of
        AFP  -  112 words
      • Article
        Lock icon Citic Industrial's capital plan delayed
        99 10 Bloomberg [SHANGHAI] Citic Industrial Bank, a Chinese lender owned by the. nation's biggest investment company, said plans to more than triple its 4.3 billion yuan (*****.4 million) of capital have been delayed following the withdrawal of a key investor. Guangzhou Development Industrial (Holdings) Co, which
        Bloomberg  -  99 words
      • Article
        Lock icon China Unicom to set up Net cafe chain
        84 10 AFP [SHANGHAI] China's second largest telecommunications provider China Unicom plans to set up a chain of 700 Internet bars nationwide this year, the first to open in Shanghai in the coming months, state press reported yesterday. The recent regulatory clearance makes China
        AFP  -  84 words
    • Article
      Lock icon S-E Asia still vulnerable to JI suicide attacks: SM Lee
      484 10 AFP [SINGAPORE] South-east Asia remains vulnerable to suicide attacks by "hundreds" of operatives of the Jemaah Islamiyah (JI) extremist group despite the arrests of several members, Singapore's elder statesman Lee Kuan Yew said yesterday. Senior Minister Lee told a conference
      AFP  -  484 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      1066 10 h y." j lll "'..'3 i > 11 *7* I National Bank of Kuwait I I (Incorporated in Kuwait with limited liability) J I Head Office: Abdullah Al-Ahmad Street Sharq, P.O. Box 95, Kuwait Safat ***** NBK J! 7) II Consolidated Balance Sheet Consolidated Statement of Income I As at
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  • news world
    • Article, Illustration
      Lock icon Microsoft, AOL kiss and make up
      494 11 Microsoft to pay AOL USs7som, companies to cooperate under legal settlement LAT-WP NYT [NEW YORK] A bitter rivalry turned into a surprise alliance on Thursday when Microsoft agreed to pay AOL Time Warner US$75O million in a legal settlement that also commits the two
      LAT-WP; NYT; AFP, REUTERS  -  494 words
    • inbrief
      • Article
        Lock icon Resona seeks govt aid
        59 11 Bloomberg [TOKYO] Resona Holdings, Japan's fifth-largest bank, asked for 1.96 trillion yen (5528.6 billion) of taxpayer funds to stay afloat. The bank is seeking more than five times its market value to bolster capital eroded by bad debt. The funds will lift Resona Bank's capital adequacy
        Bloomberg  -  59 words
      • Article
        Lock icon US Prudential fires agents
        95 11 Bloomberg [NEW YORK] Prudential Financial Inc, the second-biggest US life insurer, fired some workers and informed regulators after finding flaws in some of its sales practices. It said an internal probe found "deficiencies" in the way the company sold some annuities, but did not disclose how
        Bloomberg  -  95 words
      • Article
        Lock icon Chip sales growth slows
        73 11 Reuters [AMSTERDAM] Global semiconductor sales growth slowed more sharply than expected in April, the World Semiconductor Trade Statistics group said. Monthly sales of U5512.14 billion were flat compared with March and up just 9.7 per cent on the same month a year ago. Chip sales had
        Reuters  -  73 words
      • Article
        Lock icon Australia reviews air security
        56 11 Reuters [MELBOURNE] Australia said yesterday it would review aviation security after a foiled hijack attempt on a Qantas Airways plane on Thursday by a man wielding wooden stakes. In a second securi- ty breach, a domestic airport terminal in Sydney was evacuated for 40 minutes on
        Reuters  -  56 words
      • Article
        Lock icon Concorde bids farewell
        55 11 AP [PARIS] The last Air France Concorde commercial flight for New York left Paris on Friday, closing a pioneering chapter in aviation. On Saturday, in its last ever commercial flight for Air France, the white needle-nosed supersonic plane will fly back to Paris from New York and
        AP  -  55 words
      • Article
        Lock icon Commerzbank CEO pay dips
        46 11 Reuters {FRANKFURT] Germany's thirdlargest bank Commerzbank AG said its CEO Klaus-Peter Mueller earned 1.225 million euros (552.5 million) in 2002, down from 1.354 million euros the previous year. The 10 percent pay cut partly reflected the bank's poor performance in 2002. Reuters
        Reuters  -  46 words
    • Article
      Lock icon US May economic figures offer hope for optimism
      348 11 LATEST US DATA Reuters Bloomberg [NEW YORK] Two reports released yesterday provided grounds for optimism about the US economy's performance in May. Manufacturing in the Chicago area unexpectedly expanded in May, a survey of purchasing executives found, suggesting that the economy may
      Reuters; Bloomberg  -  348 words
  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      1177 11 com.sg HUH CHANG HWA COMMERCIAL BANK, LTD. CHANG HWA SANK HEAD OFFICE: TAIWAN RO C Chairman: Po-Shin Chang Directors: Hsi-Chien Wen, Long-I Liao, Ymg-Ming Shen, Managing Directors: Ming-Jen Chen, Mike S.E. Chang. She "9~ Ron 9 C^uang. James D. Chen, Jui-Sheng Chen Unit: NTSI,OOO Unit NT$l,OOO /ASSETS Dec 31.2002 Dec
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      Lock icon Page 11 Advertisements Column 2
      1391 11 Svenska Handelsbanken (Incorporated in Sweden) Singapore Branch 65 CKute Street #21 fll/04 OCBC Centre *****3 Telephone tnt 65 *****600 Tete« RS ***** SHBSIN Tetetai Int 65 *****909 General Manner MAJ LISS OtSSON Balance Sheets 31 December Profit and Loss Accounts c« u GrOUP Group 2002 2001 SEK M 2002 2001
      1,391 words
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  • style motoring
    • Article, Illustration
      Lock icon High five
      1195 12  -  The new BMW 5-series has been pumped full of technology, but still drives like a dream, as SAMUEL EE found out in Sardinia, Italy SAMUEL EE IF A Stuttgart automaker can call one of its cars "Smart", then the men from Munich should have named its new 5series
      SAMUEL EE  -  1,195 words
    • Article, Illustration
      Lock icon All the bells and whistles
      464 12  -  By Samuel Ee SOME things never change. Fortunately, some do, and you can be grateful to the engineers at BMW for making the new 5-series such a great drive with all the latest technological innovations. While most are already available in other makes, the German
      SAMUEL EE  -  464 words
    • bravenewwhirl
      • Article
        Lock icon ComfortMGro unvifls new identify
        65 12 COMFORTDELGRO Corporation yesterday launched its new corporate identity. The company was formed on April 1 through the merger of Comfort Group and DelGro Corporation. ComfortDelGro said: "The new logo reflects the evolution of a market leader. It retains the words, Comfort and DelGro, both household names
        65 words
      • Article, Illustration
        Lock icon Opel Zafira wins design award
        75 12 MORE than 46,000 readers of the car magazines A UTOStrassenverkehr and mot have voted the Opel Zafira (right) as the best-looking van in the compact class. Called the Autonis award, the poll picks the best car design in 12 categories. Three Audi models also won:
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      • Article
        Lock icon Mazda backs out of luxury car market
        98 12 MAZDA Motor is slamming the brakes on production of its luxury Millennia sedan by the end of this year, the Nihon Keizai newspaper reported this week. It said the carmaker will instead focus on small and mid-sized vehicles and sports cars. Mazda is
        98 words
      • Article
        Lock icon Perodua cuts 2003 sales target
        103 12 MALAYSIA'S second auto manufacturer Perodua has cut its sales target for this year due to weak demand and rising competition ahead of the market's opening in two years, Bernama reported yesterday. Although sales of Perusahaan Otomobil Kedua Sdn Bhd, or Perodua, cars outperformed the industry
        103 words
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  • style food
    • Article, Illustration
      Lock icon Zen & the art of eating gelato
      1063 13  - Zen the art of eating gelato Gelato guru Luigi De Luca tells GEOFFREY EU why top quality gelato making is artisan in nature and expounds on proper gelato etiquette GEOFFREY EU THE champagne lifestyle is something we all aspire to, but if all else fails, you can always fall back
      ARTHUR LEE  -  1,063 words
  • Page 13 Advertisements
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      1262 13 wine&dine withweekendßT V ''>4 *1• Lunch from 12pm to 2.30pm. Dinner 6.30pm to Kempeeg Kitchen dessert with any gourmet pasta ordered with your Diners Club Hitachi Tower, #01-17. Tellfax. 6532 3397 10.15pm. YioChukang Stadium. TeL *****833 Card. Discount is not applicable on Father's Day. Please Enjoy aselection of international wines
      1,262 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Lock icon Page 13 Miscellaneous Column 1
      324 13 CRYPTIC CROSSWORD 6 The macho element that's criminal (10) P I I I F i 8 The firm with little work is to 9 Famous Italian bad girl, a JHE bH 11 Feetong for a pair of spectacles worn by a doctor 12 12 Bom in Denmark—a Dane 14 1
      324 words
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  • style health/pursuits
    • Article
      Lock icon Operation Look Good
      877 14  -  More men are turning to surgery to improve their appearance. SEAMUS PHAN looks at what is involved and the risks posed SEAMUS PHAN COSMETIC surgery is often seen as a female domain, hyped by some personalities in entertainment. However, there are also specific procedures meant for men,
      877 words
    • Article, Illustration
      Lock icon entertainmentguide
      731 14  -  Going out or staying in this weekend? parvathi nayar rounds up recommendations PARVATHI NAYAR performances Get into the groove The annual Singapore Arts Festival kicks off its first weekend with a trio of music and dance performahces. Catch the second night of the performance of Beethoven's complete Piano Concerto
      CHRIS LOH  -  731 words
  • Article
    Lock icon STOCKS ASIA
    4701 14 Transaction date: May 30 HONGKONG v«i hkrhh. iss 0.01 1330 MO W- 000 Hong Kong Electnc 3110 0 20 2631 Hongkong Chinese 082 unch 8998 Alpha General 0.24 unch 0 Hongkong Chinese Ltd 0.82 unch 8996 AnandaWmgOn .0.01 unch 0 Hopewell Holdings 7 50 0.45 ***** Anaang New
    4,701 words
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  • style sports
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      Lock icon Spurs rallies into the finals
      1127 15 Gaining a reputation as a team that throws away big leads, they come from behind to take the Western Conference series with a 4 games to 2 victory over the Dallas Mavericks NYT [DALLAS, Texasl THE San Antonio Spurs were becoming renowned and not for
      NYT; AFP  -  1,127 words
    • Article
      Lock icon Track changes seen spicing up Monaco race
      376 15 AFP [MONACO] Formula One drivers will be looking forward to taking their second bite at the challenge of Monte Carlo's streets in the crucial final qualifying session today that will determine grid positions for Sunday's race, amid layout changes to the Monaco Grand
      AFP  -  376 words
    • Article, Illustration
      Lock icon Penalised by the money men
      610 15  -  frankly speaking walton morais SOCCER has become a billion dollar industry. Surely the monied men who run the sport can find a better way to decide major championships than the lottery of a penalty shootout. To be honest, I am sick and tired of hearing
      610 words
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    Lock icon UNIT TRUSTS & FUNDS
    3237 15 UNIT TRUSTS FUNDS com Global Health index Fd 0819/ Com Global Telecom Index Fd 0 436/ abm m IK it*.. .i Com Global lofotec Index Fd!** 0 29S/ St* EuraoeEcrtvrSr 1 pCre Com Global Energy Index Fd 0 85/ SI Eurooe ?12 <**»< TraveSlndex Fd 0 64V ISg Com S
    3,237 words
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  • style shopping
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      Lock icon electric dreams
      831 16  -  Ready or not the Great Singapore Sale has begun. This week, CORINNE KERK talks to retailers of electronics and appliances to find out what value buys they have in store for shoppers. Next week, we look at fashion CORINNE KERK THE Severe Acute Respiratory Syndrome (Sars) has yet
      831 words
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    Lock icon SGX
    763 16 Transaction date: May 30 TURNOVER COOt) VALUE f OCO) Twrt Mi U; T«* Mutt tad >&Ut iii.42# O.M7 (7*7 MUnutacMfl na)7 4* MO *2.4*7 1«.J» 7J4« 1*7.741 Cammra *1,742 (Ml ldi.SK J1JS4 1032 32. *i TpV5lor<om 151.156 4M 1SM« 157.241 75 1J7.H2 Rmra HM4 171Z25 17U2S OwMIUUMi 26LH7 I5.67*
    763 words
  • Article
    Lock icon BONDS & WARRANTS
    540 16 BONDS WARRANTS Prm Ixptry Pram Eiplry UK Vol Cam bar Mk tw> 1Mb IM Vol Cam Em Mk Gear Mtks CWW M« «af- C—I Wi Wo lag laft C—nt Ml r—t M» Ma lag UK Pac Andes W*****0 9.5 a5 83 1 20 16 268 2S ,TnS..'»r M*d»Gn>udwoMio» 1 i
    540 words
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    Lock icon SGX SESDAQ
    1596 16 SI-OA Last \W Day UAQiioU GrOn Wv CrVM Nat MCjb U-Wk Lact V«l Day Lafl Quote Grt>« On GrYM Mat MCag *g> law Cowpany Sate rOOO) Ht» lew —yar Sa8ar Cvr Sajj Mjli Law Canity Sate w- (1W W# law 8nyar Sa»ar Cw W fcJ 175 7.5 ABRMidgsIc
    1,596 words
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    Lock icon CLOB INTERNATIONAL
    195 16 UM LKt Val Day UrtQaato GfW» M» OTM MM MCm I—r Cewnw) M« W- (HI Ml# I—r 8»yr W«r CV tm* 138 r A V Jennings A25c AIMcd *7 974 138 134 136 138 40 3.4 7 2 8 297 Cathay Pac 20c MK720 265 2.1 7.4 6
    195 words
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    Lock icon SGX XTRANET
    203 16 U« Lmt Vol Of Last Quota GrOfc Mr GrVM MM MUa W» I— Ci»»i| M» W- rw> Hl» Lwr »T«r Mhr Cw HI fcJ 9610 09 Dumondi US8780cd 4020 2700 IS DJ US Tech US3740cd 5S5 555 IS MSG Spore US555 ***** 8200 ISSAPSOO US8270cd ioooo uso spors
    203 words
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  • style shopping
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      Lock icon Simply brilliant!
      491 17  -  Known for its sparkle, the Gabrielle diamond's lightwaves can also make musk. Cheah Ui-Hoon finds out more Cheah Ui-Hoon LOOKING for more unusual diamonds beyond the classic ideal-cut solitaire? The range of choices here has widened since Charlotte Atelier's entry into the fine jewellery scene, with its cache
      491 words
    • in store
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        Lock icon Salad days
        42 17 What better way to kick off a meal than with a pretty and extra large salad bowl? Boasting a 23-inch diameter, the Pomona bowl can hold enough salad for a small party. Available at $95*90 at Country Essentials, Liang Court.
        42 words
      • Article, Illustration
        Lock icon A traditional cuppa
        104 17 If you thought the French Press coffee maker was cool, check out the Cafe Solo. Here, ground coffee is spooned into the glass flask, boiling water is added and stirred, and the drip-free filter funnel placed in the flask. Four minutes later, you're ready to pour out
        104 words
      • Article, Illustration
        Lock icon Two's a pair
        52 17 Coffee seems to taste better with a pot and coffee maker like this arty pair. The kettle, with a bird whistle, comes in pale gold and matt black and costs $269 while the La Cupola expresso coffee maker is priced at $215. Both are available at Alessi,
        52 words
      • Article, Illustration
        Lock icon Laying it on
        70 17 Get the table setting right and all else will flow like expensive wine. And here's a good act to follow, from Barang Barang: Val platter 14.5 inch ($14.90), lotus three inch sauce bowl ($3.50), cereal bowl ($5.90), artificial rubber pandan leave chopsticks rest ($2.00), silk napkin ($4.50),
        70 words
      • Article
        Lock icon talk shop
        363 17  -  Compiled by MIKE CHUA, CORINNE KERK NNIlMtaWaHc Great Singapore Sale events: Treat Your Senses Lucky Draw: Spend at leait $60 (single or combined same-day receipts) and stand a chance to win the following prizes: lstprize: The Hour Glass watch worth $2,170 $1,000 worth of Millenia Walk Gift Vouchers
        363 words
  • Article
    Lock icon SGX MAINBOARD
    6001 17 Transaction date: May 30 5H» Lad M Day LxtQuot* GXMv M> GrYld MM ktCan I— Cli»| Sth W- f888| 1— lay Safcr Cw Wt >3 ABNAmroNlG 56c 9 12 14 1*8 165 9 ACE Dynamks20c 14.5 +15 197 15 13.5 14.5 15.5 100 137.9 143 21 95 AEM-fvertech
    6,001 words
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  • Article, Illustration
    Lock icon My fair ladies
    439 18  -  Making Time From the elegant to the androgynous, there are choices aplenty for ladies' timepieces. LARRY WEE takes a look LARRY WEE LADIES, here's the latest eye candy from this year's Swiss watch fairs which we promised you a month ago. Like the gents' pieces, we hated
    439 words
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      141 18 ,v^ oB qlashCtte Vsa The Lange Datograph. The contents: A cornucopia of mechanical highlights. Reduction fof mechanical Chronograph switching friction with Minute-counter switching lever lever with stable shaft 40 jewels. mounted in double jewel bearings. in opposed bearings. Movement precision-regulated Bearing jewels in in five positions. screwed gold chatons. Plates
      141 words