The Business Times, 15 May 2004
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2004-05-15
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The Business Times
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Title Section13 2004-05-15 1 85C MITA (P) 023/03/2004 THE BUSINESS TIMES weekend SINGAPORE MAY 15 16. 200413 words
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Article, Illustration736 2004-05-15 1 Siow Li Sen - EXCLUSIVE Temasek chairman puts paid to speculation that there's more to the UOL bid than meets the eye By Siow Li Sen [SINGAPORE] Those who believe Temasek only fished offshore had better get used to it nibbling in local waters. The comment,FILE PHOTO - 736 words
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836 2004-05-15 1 Ven Sreenivasan - 25-cent dividend proposed; staff to get $239m one-off payout By Ven Sreenivasan [SINGAPORE] A combination of cost cuts across the board, tax benefits and. a strong pick-up in traffic in the final nine months of its fiscal year has paid off handsomely for Singapore836 words
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Article, Illustration1150 2004-05-15 1 Vikram Khanna - EXCLUSIVE They're willing to come in big if regulatory, tax policies are right By Vikram Khanna [SINGAPORE] The giants of the global gaming industry consider Singapore an ideal location for a casino complex in Asia and are prepared to pour in investments that could top US$l1,150 words
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Article195 2004-05-15 1 GET your copy of The Business Times at home on Saturdays and public holidays and you stand to receive a $50 F&B voucher from Raffles International Hotels and Resorts. In a special promotion aimed at those who don't work on Saturdays, we'll deliver BT195 words
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Page 1 Advertisements
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Advertisement61 2004-05-15 1 HEALTH Gat your to a I radiant PAGE What do regional and international trends mean for stocks and other investment vehicles? And how can investors take advantage? Beginning today, BT features a weekly forum in which economists, investment strategists and our writers discuss the implications. The DBS Investment Roundtable every61 words
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Advertisement9 2004-05-15 1 motoring jonni Bowled over by Beemers. PAGE 15 89 words
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Advertisement131 2004-05-15 1 RAFFLES CONVERSATION Hv jj At the helm PAGE 3 INDIAN ELECTIONS Sale of state firms set to slow. PAGE 12 4Pi. L.U.C TWIN Outstanding design for exceptional precision jjrNk, L.U.C TWIN. Self-winding chronometer, double spring barrel L.U.C "Twin", Jf integrated rotor. Guilloch6 dial, small centre seconds. M iif;i i r131 words
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news front
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654 2004-05-15 2 Loh Hui Yin - They also agree to update avoidance of double taxation agreement From Loh Hui Yin in Beij ing A NEW network of cooperation agreements taking shape between China and Singapore will put their existing close relations on an even firmer654 words
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Article, Illustration718 2004-05-15 2 Eddie Toh - Abdullah makes no mention of son-in-law, who was previously tipped to be Khazanah's Number 2 From Eddie Toh in Kuala Lumpur MALAYSIAN Prime Minister Abdullah Ahmad Badawi yesterday sidelined his son-in-law and appointed a former top analyst as the new headTHE STAR - 718 words
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422 2004-05-15 2 Eddie Toh - It eyes 15.37% in MPlant, parent of Alliance Bank From Eddie Toh in Kuala Lumpur SINGAPORE investment company Temasek Holdings has finally got the official nod to begin negotiations to buy a substantial stake in Malaysian Plantations (MPlant), the parent of Alliance422 words
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466 2004-05-15 2 Ven Sreenivasan - Ground services operator posts $189m earnings By Ven Sreenivasan [SINGAPORE] Singapore Airlines has no immediate plan to divest its 87 per centowned ground services company Singapore Airport Terminal Services (SATS). SIA chief executive Chew Choon Seng told staff yesterday that the466 words
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Advertisement66 2004-05-15 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T: +65 6535 3382 F: +65 6535 3991 E:66 words
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the raffles conversation
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Article, Illustration2213 2004-05-15 3 GEORGE JOSEPH - Ten months after his closely followed appointment to the hotseat of one of Singapore's corporate icons, NOL chief David Lim can let results speak for themselves. GEORGE JOSEPH talks to the former minister GEORGE JOSEPH IT'S just 10 months since David Lim took over the2,213 words
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Advertisement17 2004-05-15 3 i ,:v. I Osaka. Feel the pulse of as this vibrant city right from its very heart17 words
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Advertisement66 2004-05-15 3 Raffles INTERNATIONAL Hotels Resorts A Member of Capita Land 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 provided66 words
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news companies
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513 2004-05-15 4 Joyce Koh - APB net profit in H1 rises 11% on strong growth in Indochina By Joyce Koh FOOD and drinks continued to fly off the shelves but the property sector remained in the doldrums for diversified conglomerate Fraser and Neave (F&N). For the half513 words
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846 2004-05-15 4 Kenneth Lim, Joyce Koh - CORPORATE ANALYSIS Of 147 companies with Q1 results, 134 are profitable, while just 13 are in the red By Kenneth Lim, Joyce Koh ALL the early optimism of an economic recovery got an important affirmation in the recent batch of firstquarter results,846 words
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393 2004-05-15 4 CHINA MARKET Prospect of lower raw material prices cheers some firms WE have aU heard it before. The huge China market means companies cannot afford to ignore it. So local companies rush to capture a slice of the China consumer market,393 words
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251 2004-05-15 4 IT/ELECTRONICS TECHNOLOGY and electronics related stocks generally did well, but there were notable disappointments in particular sectors. "You have the tech sector recovery which is ongoing, and the semiconductor sector is growing very fast, so most people are still benefiting," said Kim Eng analyst251 words
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402 2004-05-15 4 Taila Krishnakumar - BANKING By Taila Krishnakumar AS economic recovery gains momentum, banks will be able to lend more to other sectors and improve their net interest income, analysts say in their 2004 outlook for the banking sector. In its first-quarter round-up on the Singapore402 words
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288 2004-05-15 4 PROPERTY ANALYSTS are largely unsurprised by the earnings performance of companies in the property sector, which turned in a mixed bag with companies scattered in the red and black. Allgreen Properties, for example, saw first-quarter net profit fall 12.7 per cent to $19.4288 words
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Article, Illustration624 2004-05-15 4 r sivanithy - market review r sivanithy ACCORDING to the Encarta World English dictionary, "attrition" means "weakening by persistent attack" or "the wearing away of a surface, typically by friction or abrasion". So it's a word that perfectly describes events in the local stock market this624 words
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Article79 2004-05-15 4 STI 1,754.96 (-23.63) ST INDEX FUTURES 1,750.00 (-27.00) SIMSCI 213.73 (-3.18) SIMSCI FUTURES 212.60 (-3.90) Friday Change KLSE (X)MP ***** -9.14 NIKKEI 225 10,849.6.1 +24.53 HANG SENG 11,276.86 120.08 SET INDEX 609.72 -151 JAKARTA (X)MP _72t71 -16.43 MANILA COMP 1.521.61 -4.86 TAIPEI WPI 5,***** -140.77 SEOUL COMP 768.46 -21.6779 words
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Article73 2004-05-15 4 FOREX RATES US* S$ USS (SS per US$) 1.728 £(US$/SS per 1.757 3.034 ElJRO(US$/S$/E). 1.181 2.040 YEN 114.6 66.30 RM 3.800 2.200 HKS 7.800 4.515 BAHT 40.94 23.70 RITIAH 9,035 5,230 RENMINBI 8.299 4.804 INDIAN RUPEE 45.45 26.31 AS 1.457 0.843 NZ$ 1.667 0.965 PRIME RATES SINGAPORE 5.25 MAI.AYSIA73 words
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Article, Illustration902 2004-05-15 5 Angela Tan - TUSSLE FOR UOL UOB chief has little choice now but to make a counter-bid, if he wants to keep UOL By Angela Tan KNOWING why Temasek Holdings wants United Overseas Bank's (UOB) stake in United Overseas Land (UOL) will give902 words
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648 2004-05-15 5 Kenneth Lim - But analysts say UOL's rising shave price eroding yield of property portfolio By Kenneth Lim TEMASEK Holdings could gain as much as $800 million from selling United Overseas Land's assets if its takeover bid succeeds, but the yields and valuations no648 words
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Article, Illustration454 2004-05-15 6 Andrea Tan - GuocoLand Q3 profit dives 84% to 13.4m It made non-recurring profit of $49.4m in same period last year By Andrea Tan MALAYSIAN billionaire Quek Leng Chan's GuocoLand yesterday posted an 84 per cent plunge in net profit to $13.4 million for the third quarter ended March 31, from $81.8 millionFILE PHOTO - 454 words
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234 2004-05-15 6 Daniel Buenas - By Daniel Buenas THE Securities Investors Association of Singapore (SIAS) has called on the Singapore Exchange (SGX) to launch a probe into the accounting irregularities at Informatics Holdings and to "bring the responsible persons to justice". The watchdog, which met with officials from234 words
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corporateroundup
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Article113 2004-05-15 6 MAINBOARD-LISTED YHI International Ltd, which distributes industrial products and is an original design manufacturer (ODM) of alloy wheels, yesterday announced a 45 per cent increase in net profit to $4.2 million for its first quarter ended March 31, from $2.9 million previously. Turnover rose 38113 words
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54 2004-05-15 6 MAINBOARD-LISTED Kim Eng Holdings yesterday appointed Lim Jit Poh as a non-executive and an independent director of the company. Mr Lim has also been appointed as a member of the remuneration committee. He holds directorships at a number of other companies, including ComfortDelGro, SHC Capital54 words
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72 2004-05-15 6 SESDAQ-LISTED Panpac Media Group has appointed Koo Kok Wing as the company's chief operating officer with effect from May 17, 2004. Mr Koo will oversee the company's day-to-day operations. Prior to joining the company, Mr Khoo was the deputy general manager of Times Offset Sdn72 words
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53 2004-05-15 6 GP Industries yesterday signed a three-year term loan facility agreement with a syndicate of 13 banks to raise Ss7o million and US$lB million (a total sum of about Ssloo million). The proceeds will be used to refinance its existing bank borrowings and for53 words
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70 2004-05-15 6 MAINBOARD-LISTED Hwa Hong Corporation, which deals mainly in property investment and insurance, yesterday announced a 57.6 per cent increase in net profit to $1.7 million for its first quarter ended March 31, 2004, from $1.1 million previously. Revenue rose slightly to $12.1170 words
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Article39 2004-05-15 6 SPEEDY-TECH Electronics has posted a 61.1 per cent jump in earnings to $3.28 million for the first quarter of its financial year. Revenue increased 66.8 per cent to $19.3 million from $28.8 million previously.39 words
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71 2004-05-15 6 RAFFLES Holdings has taken another step in resolving its staffing difficulties in Cambodia with the inking yesterday of a new one-year deal involving more than 140 employees at the Raffles Hotel Le Royal in Phnom Penh. Another Raffles Hotel, the Grand Hotel d'Angkor, had71 words
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77 2004-05-15 6 MAINBOARD-LISTED packaging specialist Goodpack Limited yesterday unveiled a solid 25 per cent jump in net profits to US$2.6 million for the quarter ended March 31. This was on the back of a 15 per cent rise in revenue to US$lO.l million. The company77 words
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Article122 2004-05-15 6 MARCO Polo Developments yesterday announced a 97 per cent rise in FY2004 net profit to $89.8 million, from $45.6 million in FY2003. This was largely due to an $84 million provision for revaluation deficit and the previous year's diminution in the value of investment122 words
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Article, Illustration470 2004-05-15 7 Serena Ng - $152m deal derailed by SIC ruling that the vendors had to make a general offer because they were acting in concert By Serena Ng JAPAN Asia Ltd's proposed $152 million reverse takeover of a regional investment banking group has been scuttled, following a470 words
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205 2004-05-15 7 Teh Shi Ning - By Teh Shi Ning ASIATRAVEL.COM Holdings Ltd yesterday announced an 87 per cent surge in interim net profit to $1.73 million, from $0.93 million in the first half of FY2003. Revenue for the half year ended March 31, 2004, also rose 15 per205 words
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256 2004-05-15 7 Teh Shi Ning - By Teh Shi Ning MAINBOARD listed Frontline Technologies Corporation yesterday announced a sharp reversal from last year's loss of $5.3 million to a net profit of $3.9 million for the year ended March 31, 2004. The turnaround is despite a 13.1 per256 words
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Advertisement5 2004-05-15 4 Swiss Private Banking since 18415 words
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Advertisement412 2004-05-15 5 The preferred oral skin supplement iM A pffprtivp hlpndq c for firmer, fairer, radiant skin. 8 i T~ jjSHSL J® Nourish Refine is a powerful combination of 4 major groups of active ingredients in carefully tested proportions that work from within to give you firmer, fairer, radiant skin. Firms, Reduces412 words
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Page 6 Advertisements
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Advertisement512 2004-05-15 6 r <**■** -««»W rw •vr-v.. <»»-*,.»■« w -JT4 WiyiP 1 y»*-> II- .1 f I. ASIA PACIFIC BREWERIES LIMITED (Registration No. *****0007-K) Results Announcement For the 2nd Quarter Ended 31 March 2004 (these figures have not been audited) The Directors are pleased to announce the unaudited results of the Group512 words
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Advertisement692 2004-05-15 6 Recruit from a wider audience Call 1800 289 8822 or email recruit@sph.com.sg for your recruitment solutions B il DCI Sill ft Fraser and Neave, Limited (Registration No. *****0001-R) Results Announcement For the 2nd Quarter Ended 31 March 2004 (these figures have not been audited) The Directors are pleased to announce692 words
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Article4533 2004-05-15 7 UNIT TRUSTS FUNDS Com Spore Bond Fund/ A 1 097/ Credit Agricolc Asset Mgt S pore Ltd ABN Amro Asset Mgt (S'pore) Indocam Asia Vision'** 1.018/1.07 Star Europe Eqty'** 0.725/ DBS Asset Mgt Star Europe Bond 1.218/ Shenton Twin City 1.24V1 295 Star Europe 6d 1.024/ japan Growth!" 0 8S/04,533 words
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Advertisement178 2004-05-15 7 maaajjuaM .j Yes! I want to subscribe to the BT Weekend edition for 12 months at $53. Simply mail in or fax this form to 6744-4875 or call 6388-3838 now! jj* Name (Dr/Mr/Mrs/Ms) Sex:M/F *4# 55 Delivery Address: Postal Code: 5 J Date of Birth: NRIC No: Email: Td (H):178 words
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money personal investment
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Article, Illustration1554 2004-05-15 8 Teh hooi ling - show me the money Think more money will yield greater happiness? Great minds of the past and present-day psychological experts proclaim otherwise Teh hooi ling IT has been a rather rotten few weeks for stocks. But in almost every adverse situation, there are opportunities. And oneREUTERS - 1,554 words
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Article, Illustration554 2004-05-15 8 Genevieve Cua - By Genevieve Cua INSURANCE-linked investment plans (ILPs) can now offer death cover as low as one per cent, thanks to the Monetary Authority of Singapore's recent move to free up the need for a minimum death benefit. The move could effectively make ILPsSource: LIA - 554 words
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Article, Illustration626 2004-05-15 8 Transaction date: May 14 All-series Maturities > a yr; Short 1-3 yrs. Long > 3 yrs DfTERBAMK CURRENCY RATES Against S$ Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer Currencies Bid Offer Bid Offer SSrtJSS to 100 SS/ISS to one unit of foreign currency: units of626 words
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BT SHARE INFORMATION SERVICE
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dbs investment roundtable
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Article, Illustration4236 2004-05-15 9 Private investment in M'sia has been negligible in recent years and the time to ride its growth potential is now, a DBS Investment Roundtable panel says Moderator: Walton Morais, day editor, The Business Times Panel: Teng Chee Wai, associate director, equities, DBS Asset Management Tan4,236 words
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news at home
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252 2004-05-15 10 Genevieve Cua - By Genevieve Cua PAPER losses on investments under the CPF Investment Scheme have narrowed further, thanks to "mild gains" in equity markets. In the Ordinary Account, investments in shares, which have a book value of $6.97 billion, had a market value of252 words
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608 2004-05-15 10 Raju Chellam - Price war expected as it takes on leaders HP, Canon and Epson later this year By Raju Chellam THE world's largest personal computer maker, Dell Inc, plans to launch a colour inkjet printer in Singapore this year, which will make it Dell's first608 words
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232 2004-05-15 10 THE Nicoll Highway collapse inquiry win begin only in August, not June, as originally scheduled, said the Ministry of Manpower (MOM) yesterday. MOM said that at least an additional two-and-a-half months will be needed to prepare for the inquiry. This is due to232 words
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368 2004-05-15 10 Kalpana Rashiwala - eye on the economy cpf By Kalpana Rashiwala IN what could be a sign of an improving economy and better corporate financial health, the March default rate among employers in paying Central Provident Fund contributions was the lowest in 20 months. Figures yesterday368 words
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359 2004-05-15 10 Daniel Buenas - By Daniel Buenas THE world will be at greater risk from terrorism and rogue states if America departs unceremoniously from Iraq, Prime Minister Goh Chok Tong said yesterday. The Middle East could "explode" and oil might be used as a359 words
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175 2004-05-15 10 FROM today, all Singaporean citizens, regardless of sex, will be allowed to pass on their citizenship by descent to their foreign-born children. This follows changes to Singapore's Constitution which were approved by Parliament on April 19. Previously, only male Singaporeans could pass on175 words
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Article, Illustration476 2004-05-15 10 Daniel Buenas - By Daniel Buenas MARSHALL Goldsmith has a job like no other. As part of his routine, the 56-year-old executive coach flies all over the world he has clocked over eight million frequent flyer miles with American Airlines to help top executives become476 words
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Advertisement1002 2004-05-15 10 B Notices irpl CHINA TOLL BRIDGES ROADS LIMITED IBIRy (Incorporated in Bermuda with limited liability) Notice of Annual General Meeting Notice is hereby given that the Annual General Meeting of the Shareholders of China Toll Bridges Roads Limited (the "Company") will be held on Monday, 7 June 2004 at 101,002 words
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Advertisement402 2004-05-15 10 iN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TINCEL TREASURY LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the Company will be402 words
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Advertisement18 2004-05-15 10 11 Lianhe Zaobao I Two more trades I I join Beijing's I overheating! I industries I S; 718 words
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news region
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253 2004-05-15 11 Eddie Toh - From Eddie Toh in Kuala Lumpur THE foreign adviser hired to help change the cosy corporate culture of govern-ment-linked companies (GLCs) in Malaysia has highlighted Singapore investment company, Temasek Holdings, as a good model. The adviser is the 90-year-old consultancy Booz Allen253 words
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inbrief
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Article90 2004-05-15 11 Reuters [BEIJING] China has issued new rules to closely monitor the development and sales of low-cost housing built with state subsidies to help stave off a property bubble, the Economic Daily said yesterday. The new rules set strict limits on who can buy the so-calledReuters - 90 words
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Article92 2004-05-15 11 AP [BANGKOK] Thailand's gross domestic product growth will likely reach 7 per cent this year falling short of an ambitious 8 per cent target because of rising world oil prices, Prime Minister Thaksin Shinawatra said yesterday. "I don't think the GDP growth this year willAP - 92 words
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Article51 2004-05-15 11 Bloomberg [KUALA LUMPUR] Malaysian Airline System won't raise fares to counter higher jet fuel costs, its chairman Azizan Zainul Abidin said. "We will not raise prices, there will be some increases in costs, but we will compensate this by increasing productivity," he said inBloomberg - 51 words
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Article92 2004-05-15 11 Reuters [HANOI] Vietnam has started building a small airport on the disputed Spratly islands, escalating its tourism ambitions in an area claimed by several Asian countries and risking the ire of giant neighbour China. Construction of the airport with a runway of 600 metres on theReuters - 92 words
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Article70 2004-05-15 11 [HONG KONG] Hutchison Whampoa's planned spin-off of telecoms businesses is aiming to raise about US$2 billion and could be launched as early as next month, Financial Times reported yesterday. The proceeds from the listing of Hutchison Telecommunications International, which includes stakes in operators in Hong Kong, India,70 words
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Article, Illustration546 2004-05-15 11 More steps to cool economy comes after inflation hits 7-year high in April Bloomberg, Reuters Reuters [BEIJING] China yesterday imposed lending curbs on more industries, stepping up efforts to cool the economy after inflation accelerated to a seven-year high. The country'sBloomberg, Reuters; Reuters; AFP - 546 words
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330 2004-05-15 11 AFP [BANGKOK] Thai Prime Minister Thaksin Shinawatra said he was more confident of snapping up a 30 per cent stake in English football team Liverpool after a rival bid was rebuffed by the club's board. Dr Thaksin this week tabled a £60 millionAFP - 330 words
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Article, Illustration801 2004-05-15 12 INDIAN ELECTIONS Stocks fall 6% as investors fear the privatisation of giant companies will stall under the new leftist-backed Congress govt [NEW DELHI] The biggest casualty of India's surprise shift to a leftist-backed government is likely to be a slower paceAP - 801 words
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Article913 2004-05-15 12 Investors need to look beyond a country's economic growth, says WILLIAM PESEK JR ATAL Bihari Vajpayee's election slogan was "India Shining." The millions who don't feel part of the magic retorted with their own: "We won't feel ignored." And they gave Sonia Gandhi's Congress913 words
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523 2004-05-15 12 India's new ruling Congress Party seen as pro-business Reuters [NEW YORK] A shock victory by India's opposition Congress Party in the elections on Thursday left US executives uneasy, but optimistic that it wouldn't lead the nation to drop its inves-tor-friendly policies. The leaders of companiesReuters - 523 words
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Advertisement559 2004-05-15 11 Notices CIRCUITECH HOLDINGS PTE LTD (IN MEMBERS' VOLUNTARY WINDOW J-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308( 1) of the Companies Act, Cap 50, that the Final Meeting of the Members of Circuitech Holdings Pte Ltd will be held at the office of Trust559 words
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Advertisement717 2004-05-15 11 BUKIT SEMBAWANG ESTATES LIMITED [j ILHI FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT Unaudited Results for the fourth quarter and full-year ended 31 March 2004 The Directors of Bukit Sembawang Estates Limited announce the unaudited results of the Group and of the Company for the fourth quarter and full-year ended 31 March717 words
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Article2362 2004-05-15 12 Transaction date: May 14 KUALA LUMPUR -£5 u^g du y. /'MAt George Kent 0.81 -0.02 22 ——Globetronics Tech 0.55 0.01 4575 ASM Realty 1.53 -0.04 49 2.76 -0.01 15 Abrir 060 -003 79 Gold Bridge Engrg 0.44 -0.01 214 ACP Industries 2.15 -0.03 31 Front 0.81 22 Advance Synergy2,362 words
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news world
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509 2004-05-15 13 LATEST US INDICATORS But concern over Iraq and rising petrol prices sap consumer confidence outlook AP [WASHINGTON] US consumer prices rose moderately and industrial production more briskly last month, a set of government reports showed yesterday. But a widely watched consumerAP - 509 words
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Article, Illustration251 2004-05-15 13 AFP [WASHINGTON] The US will set up a commission to increase economic opportunities and business participation of Asian Americans and Pacific islanders. Under an executive order on Thursday, President George Bush also called for a federal blueprint to achieve the objective. The aimAFP - 251 words
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413 2004-05-15 13 Expansion expected to speed up in months ahead Reuters THE euro zone economy grew at its fastest quarterly pace in three years in the first quarter of this year and could expand even more quickly in the months ahead, official reportsReuters - 413 words
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227 2004-05-15 13 Reuters [TOKYO] Japanese Prime Minister Junichiro Koizumi yesterday confessed he did not enrol in the state pension scheme for almost seven years, but said he would not resign over the politically sensitive lapse. His pension payment miss came less than a week afterReuters - 227 words
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744 2004-05-15 14 PAUL KRUGMAN - COMMENTARY The current crude crunch is scary because there's no crisis—yet, says PAUL KRUGMAN PAUL KRUGMAN NYT SO far, the current world oil crunch doesn't look at all like the crises of 1973 or 1979. That's why it's so scary. The oil crises of theNYT - 744 words
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391 2004-05-15 14 Move pits it against London's Int'l Petroleum Exchange Bloomberg [TOKYO] The New York Mercantile Exchange, the world's largest energy futures market, will offer Internet-based trading of its futures contracts to banks and trading companies in Japan starting next month. The bourse, known as Nymex,Bloomberg - 391 words
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Article, Illustration321 2004-05-15 14 AP [WASHINGTON] Wars in Iraq and Afghanistan will cost more than US$5O billion next year, a top Defense Department official told Congress on Thursday in the Bush administration's clearest description yet of the conflicts' price tags. Deputy Defense Secretary Paul Wolfowitz's remarksAP; REUTERS - 321 words
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369 2004-05-15 14 Bloomberg [LONDON] HSBC Holdings Pic, Europe's largest bank by market value, hired Steven Wallace, a Goldman Sachs Group managing director in its London office, to run its mergers business in Asia outside Japan, bankers who worked with him said. Mr Wallace, whoBloomberg - 369 words
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Article1680 2004-05-15 13 District 1 NON-LANDED The Central Apt 08/04/04 99 624 639 1024 District 2 7 NON-LANDED Icon Apt 30/04/04 99 936 727 776 The Arris Apt 16/04/04 FH 904 792 876 LANDED NeiIRd 2-Ter 30/03/04 FH 1593 15001,680 words
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Article4820 2004-05-15 14 Transaction date: May 14 HONG KONG Vol HK Exchanges 8 Clearing .15.55 -0.45 4302 MK$ *800 HKRInt'l 2.05 -0.13 3159 Hong Kong Electric 32.00 -0.50 3843 Aeon Credit 4.80 unch 2 Hongkong Chinese 0.92 -0.02 1018 Aeon Stores 5.10 -0.05 44 Hongkong Chinese Ltd 0.92 -0.02 1018 Alpha4,820 words
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style motoring
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Article, Illustration699 2004-05-15 15 SAMUEL EE - drivind style Restaurateur and bar owner Sam Yeo tells SAMUEL EE why he has 'always had a BMW' SAMUEL EE FOR as long as he can remember, businessman Sam Yeo has had two passions food and cars. In particular, the owner of Balaclava, Wala Wala andSPLIT SECOND MEDIA - 699 words
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Article, Illustration870 2004-05-15 15 Samuel Ee - The Maserati Quattroporte stands out as a sporty luxury limo By Samuel Ee ANDREA Bocelli is said to have liked the Maserati Quattroporte so much that he sat in a different seat each time he was chauffeured around Singapore this week. Apparently, the Italian tenor would alsoSPLIT SECOND MEDIA - 870 words
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Article, Illustration708 2004-05-15 15 SAMUEL EE - the weekend's specials on autos and accessories... By SAMUEL EE Romeo reborn THE new Alfa Romeo 156 JTS (picture above) has had $9,000 lopped off its sticker price until the end of May. The sedan is now $119,800, with the sexy but practical sportwagon costing $10,000 more. The 156708 words
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style healtn
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Article, Illustration1181 2004-05-15 16 CHEAH UI-HOON - CHEAH UI-HOON dishes out some tips on how to keep your complexion glowing and radiant CHEAH UI-HOON Remember that saying, you are what you eat? Well, think about this: you look like what you eat. That's the belief in Chinese medicine; and in WesternALAN LIM/ST - 1,181 words
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Article, Illustration87 2004-05-15 17 IMEd natu grap ES Micronutrient System to help skin cells keep up with the increased production of collagen and elastin. How much la it: $85 for 30 capsules. eho Blen LAC extr INTENZ SKIN ACTIVATOR Who makes it: Made in the US and owned by LifePharm.Graphics: Ben Cruz - 87 words
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Article553 2004-05-15 17 Joyce Koh - By Joyce Koh GOOD skin has never been more convenient. Pop a pill and the promise of pearly smooth skin is supposedly yours in a few weeks. Even as you wait for results to show, people in the industry are already facing off with more than553 words
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Article761 2004-05-15 16 Transaction date: May 14 TURNOVER (TO) VALUE f OOO) Maia Mq T«M> Mata S4« Tattl Mutti Ind 22,684 22.684 43.610 43.610 Manufacturg 174,565 12.746 187.311 145.426 2.660 148.085 Commerce 38.339 2,236 40.575 48.739 467 49.206 Tptf5tor/Com 127.666 78 127.744 255.247 73 255.320 Finance 30.400 15 30,415 241,074 9 241.083761 words
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Article802 2004-05-15 16 BONDS WARRANTS Prwii Expiry Prew Expiry Tal Last Vol Com Eur Disc Gear Mths Tel Last Vol Con* tier Disc Cw- Mths Code C»«p«»y Solo ♦or- CW> Hatlo Prico *1 Left Cods Onipwty Sate tor- CM») Ratio Price lag left Sengkangm SS201 M4.88%SB *****0 3779 ASLMarineHldgsW*****1 14.5 -1.5 50 1802 words
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Article2125 2004-05-15 16 52-Wk Tal Last Vol Day Last Quote GrOtv Dtv GrYld Net MCap High tow Code Company Sale +<- COOP) High Low luyer HMm Cw Wt in* 26 10 5000 ABR Hldas 5c 14 12 16 27 S 15 2101 APO.IKT* 30 +1 59 30 29 28.5 30 52,125 words
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Article185 2004-05-15 16 Sl Wk Td Last Vol Day Last Quote OOtv Div GrVM Net MCap Km Co* Company 5ah W- fOOO) M0» Low —yr Sotor Cw P/t HA 228 118 6000 AVJ«oningsA25c A209 +1 30 209 209 209 210 40 8.8 4.8 7.9 4498 ttoi Cathay Pac 20c HK720 265185 words
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Article219 2004-05-15 16 52-Wk Tai 1st Vol Dq Last Quote GrOiv Djv GrYM Net MCap Hi» Low Coda Omymr, Sola W- rOBO) Lou. Myar Sa»ar CV H[ s*S 2060 2000 606S Diamonds US2060 2120 9900 6095 IS DJ US Tech US3M0 6097 IS MSG Spore US555 6)01 ISS&PSOO US8270 ***** 96S0219 words
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Page 16 Miscellaneous
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Miscellaneous269 2004-05-15 16 CRYPTIC CROSSWORD ACROSS 3 Crowd working outside pub 1 I 15 I 13 I R I p I 7 8 1 Ready to start scribbling re- 4 points"to friend Hr |j■■ —Hj vided with weapons, being in- 5 merchant^) 5 W ueen s 9pS rumoured to be in the 6269 words
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Article6941 2004-05-15 17 Transaction date: May 14 52-Wk Td Lact Vol Day Last Quote GrOrv Dry GrYM Net MCip High Low Coda Coniny Sala ("BOB) HI0I Low luyaf SaWar Cvr S P<I fan* 57.9 32.9 5834 A-Sonic 5c 37 unch 18 37 37 36.5 37 5 N9.7 0.7 13.1 125.3 86,941 words
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Page 17 Advertisements
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Advertisement26 2004-05-15 17 \f Only the most innovative and spirited rise to the occasion Are you one of them? Nominations for the 2004 Enterprise 50 Award are now open26 words
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style shopping
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Article, Illustration1237 2004-05-15 18 CORINNE KERK - Good shoes complete the picture of a successful man. CORINNE KERK checks out the latest design trends in men's footwear CORINNE KERK WHY is it that mothers traditionally advise their daughters to look at a man's shoes? Well, if you're a superstitious Chinese, it's because shoes receive1,237 words
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Article, Illustration174 2004-05-15 18 CORINNE KERK - Case reopened By CORINNE KERK HAVE you a penchant for unique handbags and no hang-ups about carrying one that used to belong to someone else? If so, then dash off to Dustbunny Vintage for original vintage purses. The by-appointment only seller of retro bags has a collection of some174 words
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instore
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Article, Illustration41 2004-05-15 18 A PRETTY conversational piece on any table: A potpourri of dried flowers and dry wheat in a mango wood plate and vase. A brilliant piece of handicraft from the Indo-Burmese region, it costs $76 at W Collections, Causeway Point.41 words
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Article, Illustration52 2004-05-15 18 TIME to be different! Besides telling the time with quartz accuracy, the Voila Op La Classic watch shows your non- conformist streak. It snaps into place without the hassle of a buckle and comes in nine colours. The Rhonde movement, French-designed timepiece costs $196 at H2Hub, including at52 words
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Article, Illustration67 2004-05-15 18 MIKE CHUA - Compiled by MIKE CHUA WHAT a classic. This blouse called Nightingale, from Couture Marphil a new concept in ladies business shirting, especially created for the Asian ladies' physique. Developed from the yarn fibre, it has clean finished interior seams hidden stitching at collar and cuffs and specially imported67 words
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style travel/wine & dine
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Article, Illustration1580 2004-05-15 19 KIM STOCKHAM - KIM STOCKHAM walks in the footsteps of a historic trail and highlights what this ancient civilisation has to offer KIM STOCKHAM FEW nations are required to compete with the brilliance of their own past, as much as Greece does. The Golden Age of Athens, the1,580 words
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571 2004-05-15 19 IHT PEOPLE often ask: "What is the best travel site?" My advice depends on where they live and where they want to travel. People living in countries like Israel, Turkey and Thailand complain that none of the airline alliance sites, such as Opodo (Europe),IHT - 571 words
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Page 19 Advertisements
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Advertisement825 2004-05-15 19 wine&dine withweekendßT #01-06 Millenia Walk. 9 Raffles Boulevard. 26ALorong Mambong. Tel: 6463 4610 Orchard Road. 12 30pm5pm Tel. 6438 4888 Relish the juicy taste of succulent steak ribs! Till July *****258 Lunch: 11.30 am to 3pm. Dinner. 6pm to 10pm. All 15, enjoy 20 per cent discount on food orders825 words
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style food
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Article, Illustration2219 2004-05-15 20 CHEAH UI-HOON,JAIME EE - THESE days, when you say you're on a diet, the next question is invariably: what kind? Low-calorie does not a diet make anymore. Not when fashionable concepts like Atkins, Zone and South Beach are dominating the diet vernacular. In Singapore, where the least patronised part of a buffetARTHUR LEE - 2,219 words
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Article, Illustration814 2004-05-15 20 Jaime Ee - By Jaime Ee PUT a chef, a perfumer and a flavourist together in a kitchen, and what do you get? A guy who cooks with Chanel No 5? A man who creates a distinctive fragrance called eau de boeuf! Or a chefPHOTOS BY CHRIS LOH - 814 words
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