The Business Times, 16 May 2003
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2003-05-16
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The Business Times
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Title Section18 2003-05-16 1 MfTA (P) 024/03/2003 85C THE BUSINESS TIMES SINGA PORE j internet: http: '/business-times.asial .com.sg FRIDAY. MAY 16, 200318 words
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695 2003-05-16 1 Anthony Rowley - Lessons from Sars' spread in China conkl pay off for the regional grouping From Anthony Rowley in Tokyo ASEAN economies, deeply fearful of a hollowing-out of their manufacturing sectors as companies up stakes and move to China, may now have reason to breathe a bit695 words
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Article55 2003-05-16 1 Thursday Change KLSECOMP Closed NIKKEI 225 8.***** -121.51 HANG SENG 9,126.07 +22.38 SET INDEX Closed JAKARTA COMP .Closed MANILA OOMP 1.057.14 4.42 TAIPEI WPI 4.331.24 986 SEOUL COMP 619.35 >9.38 SHENZHEN B 214.01 +4.51 A1STALLORD 2.***** 1200 BOMBAY INI) __.3,012.97 +1903 I2innhi EDT ('bailee IK)W .8,681.35 +33.53 NASDAQ 1,541.2855 words
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Article76 2003-05-16 1 FOREX RATES (May 14) us$ s$ i;s$ (S$ per ISS) 1.7.12 S(rS$/SS per S)_ 1612 4791 Kl!RO(I!S»/SS/E) 1.153 1.997 YEN 1166 67 JO KM 3.80U 1194 HKS 7.799 UN BAHT 4122 24,18 RUPIAH 8,446 4,877 RENMINBI 8499 4792 INDIAN RUPEE 47.14 2722 PRIME RATES SINGAPORE* 5£5 Kl'ALA U'MPI'R 64076 words
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698 2003-05-16 1 Shoeb Kagda - t-ti exclusive Indofood, 10 others may launch Shariah bonds this year Front Shoeb Kagda in Jakarta FACED with higher borrowing costs from Western financial institutions and tougher competition for global funds, Indonesian companies are increasingly turning to the growing Islamic market for698 words
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Article, Illustration616 2003-05-16 1 Ministers urge interest rate cats to stem euro rise Bloomberg [BRUSSELS] Europe is teetering on the brink of recession after the German and Italian economies contracted in the first quarter, increasing pressure on the European Central Bank to cut interestBloomberg; AFP - 616 words
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Advertisement32 2003-05-16 1 ADV SGXHve! Track live stock prices and your own portfolios. Read independent analyses and consensus recommendations. Go to BT Markets at http://business-times. asial.com. sg. A free value-added service for BT newspaper subscribers.32 words
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Advertisement63 2003-05-16 1 Which company in Geylang advertised during a World Cup match? CLUE It also sponsors rock bands and a racing team. Hear its CEO talk about it all in the RAFFLES CONVERSATION tomorrow m i f < L <• Mm' V 1 ssT NO ONE i AN fURN BACK TIMF. BUT63 words
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NEXT page
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887 2003-05-16 2 Jennifer Lien - Curbs on profit repatriation are holding back investments, reports Jennifer Lien from Silicon Valley Jennifer Lien US high-tech companies have long been scrambling for a piece of the action in China. American venture capitalists would be equally eager if only the road887 words
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Article, Illustration701 2003-05-16 2 Reuters Bloomberg [HONG KONG] Hong Kong's 19-year-old currency peg to the US dollar could come under pressure if the Sars outbreak is not resolved soon, Financial Secretary Antony Leung warned yesterday. Already there are signs that speculators entered the Hong Kong dollarReuters; Bloomberg - 701 words
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624 2003-05-16 2 LATEST US DATA Wholesale prices drop a record 1.9% as war in Iraq ends, raising fears of deflation Bloomberg Reuters AP [WASHINGTON) US industrial production dropped in April and factory capacity in use fell to a two-decade low as the Iraq war temperedBloomberg; Reuters; AP - 624 words
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344 2003-05-16 2 SABS OUTBREAK This is even though WHO says they may not have the infection Reuters AP [SINGAPORE] Singapore will treat an outbreak of fever among staff and patients at its mental hospital as possible Sars even though the World Health Organization hasReuters; AP - 344 words
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Article78 2003-05-16 2 IN our BizlT section yesterday, we carried a news report about a hoax played on Microsoft by the software house's UK division. In a press release, the UK division had claimed that Microsoft was developing a portable toilet called "iLoo" with Internet access. We inadvertently ran the news report78 words
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Page 2 Advertisements
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Advertisement12 2003-05-16 2 All the new chip action is in China these days, Pg 612 words
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Advertisement97 2003-05-16 2 COURAGE FUND 10 OQNAE Wt CHEQUE: A erased choque made out to The Conge Rirf short be lent toll* Gawp Fund, c/oNeford Healthcare 6, OofnmonvMft Lane, Liwi 6, GMTIMdtaQ, 9WH*****7 TO BMWE W PNONE: From May 1, menters of ttie public can donate to the fund by caßng 1900-112-1333. Eachcal97 words
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SARS OUTBREAK
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558 2003-05-16 3 Taiwan reports biggest single-day jump of 26 new cases with 3rd hospital outbreak AFP Bloomberg Reuters [BEIJING] China's northern region is the current hotspot for the Sars epidemic in China, with Shanxi, Inner Mongolia and Hebei provinces seeing the worst spread of the disease.AFP; Bloomberg; Reuters - 558 words
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200 2003-05-16 3 Reuters [SYDNEY] Online traffic to shopping, education, news, medical and banking sites soared in Hong Kong as people sought safety at home from the Sars virus and steered clear of public places, according to a survey. Internet monitor Nielsen/Netßatings said April was theReuters - 200 words
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Article, Illustration45 2003-05-16 3 [TAIPEI] Taiwan pop singer Elva Hsiao wearing a mask at a news conference in Taipei yesterday to promote her latest album "Love to be loved Due to the worsening Sars outbreak, Taiwan has cancelled hundreds of concerts and other cultural events. REUTERSREUTERS - 45 words
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244 2003-05-16 3 Reuters [SHANGHAI] High-flying executives are turning increasingly to China's fledgling business jet operators as the outbreak of Sars forces regular airlines to cancel flights, airline officials said yesterday. The tiny business jet operations of Hainan Airlines Co and Shanghai Airlines both report soaringReuters - 244 words
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TNBrief
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84 2003-05-16 3 Washington Post [TORONTO] The World Health Organization on Wednesday removed Toronto from the list of areas infected by the Sars virus, saying that Canadian health officials had broken the chain of transmission and stopped the spread of the respiratory disease. WHO announced the decisionWashington Post - 84 words
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67 2003-05-16 3 Reuters [BEIJING] China has said it will execute or award a jail sentence of up to life imprisonment for anyone violating quarantine and intentionally spreading Sars. The Supreme Court and the country's top prosecutor laid down the punishment in an interpretation of laws on hindering theReuters - 67 words
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107 2003-05-16 3 AFP [TAIPEI] Taiwan President Chen Shui-bian yesterday urged China not to prevent the island from obtaining observer status at the World Health Organization as it battles to contain the Sars epidemic. Mr Chen made the plea as the death toll from Sars inAFP - 107 words
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71 2003-05-16 3 AP [ATLANTA] Colleges and companies should welcome and watch—not ban or quarantine—visitors from Sars-affected areas, the Centers for Disease Control and Prevention said on Wednesday. The CDC issued guidelines for universities and businesses as some campuses are discouraging travellers from parts of Asia at graduationAP - 71 words
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Article49 2003-05-16 3 AFP [CLARK, Philippines] Two new cases of Sara have been found in the Philippines, taking the total to 12, a health official said yesterday. However, "both have already recovered and one has already been discharged," National Epidemiology Cento* head Consortia Quizon said. —AFPAFP - 49 words
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94 2003-05-16 3 AFP [BEIJING] China announced yesterday it would host a symposium in June on controlling and preventing Sars that will include Japan, South Korea and the 10 members of the Association for South-east Asian Nations. "The theme of the symposium will be to exchange informationAFP - 94 words
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Page 3 Advertisements
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Advertisement185 2003-05-16 3 world's I st massage chair that synchronises massage and music. 't^ r ■■■■■■HHIi MF revolutionary f jSJM A whole new world awaits you. Transcend to a Features: Sure-Win Instant Dip* whole new world of peace and relaxation on the A built in CD P |a y® r ,or a m185 words
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SINGAPORE companies
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602 2003-05-16 4 anqela tan - irTSTsm lock siew anqela tan WHEN a well-estab-lished mainboard name like luxury hotelier Shangri-La Asia suddenly changes its mind and threatens to scrap a recommended $24 million dividend payout to shareholders, there is cause for concern. Early this week, Shangri-La said the rethink on its March602 words
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287 2003-05-16 4 Sales of beer, property seen as main profit drivers Reuters BEVERAGE group Fraser Neave is likely to report a 25 per cent rise in interim net profit today, nourished by sales of soft drinks, beer, and a strong property portfolio, analysts said. F&N,Reuters - 287 words
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215 2003-05-16 4 Bloomberg CHARTERED Semiconductor Manufacturing's search for a business ally in China has not been hampered by the outbreak of Sars, according to its chief executive officer Chia Song Hwee. The company is "pretty far along in discussions" with a Chinese chipmakerBloomberg - 215 words
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222 2003-05-16 4 Tang Weng Fai - By' Tang Weng Fai KEPPEL Corp's Brazilian subsidiary, Fels Setal Group, said yesterday it won a contract to build two support ships for offshore oil rigs. Keppel Corp spokeswoman Samantha Tan declined to comment on the value of the contract for222 words
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163 2003-05-16 4 Tang Weng Fai - By' Tang Weng Fai LISTED food group Want Want Holdings Ltd yesterday reported marginally higher first quarter net profits of US$2B.2 million, 7.3 per cent higher than the same quarter last year. Group turnover edged up 6 per cent to U*****.69 million163 words
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Advertisement790 2003-05-16 4 Central Allotted parking in front of unit 1 Various units from 1,000 sq ft to 7,000 sq ft Precision Machine Tool Manufacturer Excel Machine Tools Limited (Under Judicial Management) The Judicial Managers request expressions of interest from parties interested in the business of Excel Machine Tools Limited. Excel's principal activities790 words
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Advertisement173 2003-05-16 4 IN THE MATTER OF THE COMPANIES ACT (CAP. 50. 1994 ED) AND IN THE MATTER OF ACETEX CHEMICALS (AS|A PACIFIC) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Cap. 50,1994 Ed), the Final Meeting of173 words
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Advertisement446 2003-05-16 4 IN THE MATTER Of THE COMPANIES ACT (CAP 50,1994 Ed) AND IN THE MATTER OF INTERWIL PTE LTD (In Members' Voluntary liquidation) NOTICE Of RESOLUTION At in Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 20 Maxwell Road #08- IG, Maxwell House, Singapore446 words
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Advertisement280 2003-05-16 4 IN THE MATTE* Of THE COMPANIES ACT, CAP. SO ANO IN THE MATTER Of SIIVEKDALE INVESTMENT PTE LTD (PROVISIONAL LIQUIDATOR APPOINTED) NOTICE Of MEETING Of CREDITORS NOTICE IS HEREBY GIVEN lhal pursuant to Seedon 296 of die Comparues Ad. Chapter 50 a meeting of the cnditon ot the abovenamed Conpony280 words
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EDITORIAL & opinion
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Article, Illustration756 2003-05-16 6 frank ching - ■in bottom line OPINION frank ching CHINA, which until recently had been content to be a spectator during international crises, has assumed a much more activist role in the dispute between North Korea and the US over Pyongyang's nuclear weapons programme. Not only756 words
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Article97 2003-05-16 6 'After robbing Argentines of their rights to work, then to eat, study and hope, he has come for the last remaining right of citizens: that of the Vo^e Nestor Drdner who will be sworn in as Argentina spresident on May 25. on Carlos Menem, who governed the97 words
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Article599 2003-05-16 6 EDITORIAL ONE of the interesting developments of the year on the trade front is the new-found willingness of the United States to forge a free trade area (FTA) with the Middle East an area Washington has tended to neglect economically. The proposal for a599 words
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Article, Illustration1152 2003-05-16 6 Jennifer Lien - While global chip sales rose just 1% in 2002, China's chip sales jumped 23%. And a new generation of wafer fabs being bnilt there will raise stakes From Jennifer Lien in Silicon Valley THERE'S a new phenomenon in the semiconductorREUTERS - 1,152 words
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Article771 2003-05-16 6 Leon Hadar - COMMENTARY The US faces chaos in Iraq, terrorism in Sandi Arabia and a moribund Middle East peace process By Leon Hadar THE neo-conservatives who were the intellectual driving force behind the US invasion of Iraq had assured the American public as well Iraqis, Palestinians771 words
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SINGAPORE news
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Article, Illustration571 2003-05-16 7 Daniel Buenas - Conple is offering op a new range of skin-care products By Daniel Buenas THERE is life in the Dead Sea. And it comes in the form of the revitalising minerals found in its waters, according to husband and wife Ronald Koh and LohCHRIS LOH - 571 words
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Advertisement195 2003-05-16 7 High flyers or low turnovers, industry upswing or H H company down-sizing, if it affects the executive, H I you'll find it in EXECUTIVE JOBS, every Saturday in The Business Times Weekend edition. H r-" THEBUSNESSTMES SUBSCRIBE NOWI To get BT Weekend delivered to your home on Saturdays, call *****838.195 words
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Advertisement33 2003-05-16 7 l Lianhe Zaobao I the next I I shandong-based I I pork distributor I I plans to list on I I Sesdaq soon I I I I I I I I IPttSSB I33 words
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REGIONAL news
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Article, Illustration557 2003-05-16 8 Eddie Toh - Departure of foreign partners has not retarded the industry Frorr Eddie Toh in Kuala Lumpur MALAYSIAN cellular players are growing by leaps and bounds despite the departure of two major foreign partners in the past few years. "Malaysians are fast learners," said RichardAFP FILE PHOTO - 557 words
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360 2003-05-16 8 KUALA LUMPUR Reuters MALAYSIA said yesterday Washington was creating "scares all over the world" after it warned Americans in the mostly Muslim country to beware of a terrorist threat from groups linked to Al-Qaeda. On Wednesday, just hours after suicide attacks on foreign residentsReuters - 360 words
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311 2003-05-16 8 MANILA It underestimated war's effect, then washitbySars Bloomberg PHILIPPINE Airlines Inc. the South-east Asian nation's biggest carrier, said full-year profit was almost half its most recent forecast because of surging oil prices in the lead-up to the war in Iraq, while Sars curbedBloomberg - 311 words
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NOTEBook
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Article58 2003-05-16 8 Bloomberg [HONG KONG] Hong Kong's Securities and Futures Commission reported a 25 per cent increase in investigation cases in the past financial year. As at March 31, there were 391 probes begun last year, and the number of successful prosecutions fell 26 per centBloomberg - 58 words
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85 2003-05-16 8 Bloomberg [BEIJING] China's long-term credit rating was affirmed by Fitch Ratings, which cited a surge in inward foreign investment, growing exports and high foreign currency deposits in predicting a stable outlook for the country's debt. The affirmation of the 'A-' rating, three levels above theBloomberg - 85 words
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68 2003-05-16 8 Reuters [BEIJING] IKEA said yesterday it will spend US$6O million on opening a new store in Beij ing and press ahead with expansion plans in China despite the Sars outbreak. The new store in Beijing's affluent Chaoyang district would open in 2005 andReuters - 68 words
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46 2003-05-16 8 Reuters [HONG KONG] The Industrial and Commercial Bank of China, plans to buy small Hong Kong lender Chekiang First Bank from Japan's Mizuho Corporate Bank Ltd for HK13.5 billion (***** million), the Hong Kong Economic Times said yesterday. ReutersReuters - 46 words
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Article33 2003-05-16 8 Bernama [KUALA LUMPUR] Edaran Otomobil Nasional Berhad (EON) reported profit attributable to shareholders rose 5.9 per cent to RM476.6 million in 2002 from RM449.9 million in 2001. BernomaBernama - 33 words
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Article, Illustration347 2003-05-16 9 HONGKONG Stock soars after firm promotes Sars tonic tycoon tested personally Bloomberg BILLIONAIRE Li Ka-shing showed again this week that his name means money among investors in the city he helped build. Shares of his three-year-old biotechnology unit CK Life Sciences InternationalBloomberg; FILE PHOTO - 347 words
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224 2003-05-16 9 SHANGHAI Impact of Sars on industries will be minimised: officials AFP SHANGHAI authorities believe China's largest and most important economic city can maintain doubledigit industrial sector growth despite the uncertainties posed by the Sars epidemic, state press reported yesterday. Officials said that with theAFP - 224 words
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120 2003-05-16 9 Reuters [BEIJING] The world's largest chipmaker Intel said yesterday that it has begun shipping Pentium 4 chips from a Shanghai plant in which it has now invested US$5OO million. Craig Barrett, chief executive of the US semiconductor giant, said last May that it wasReuters - 120 words
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Page 8 Advertisements
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Advertisement130 2003-05-16 8 1 l »?v?si ®k" <5 T''*?"£~»v K L. V- H^ 1 V^ttt( v n^f!fMMfc:-x> tt !ji %«^M VJ2UImN» 2lSn v^' rfl 'iflYi >'«^ WP* p w £*9MEeS(MnHfIHHI^^BM JSjpwyM'jiN >^??^.; *Jir -^-^y 1 ...r "■w^ i, M -ll_ WSKmrn" Join us for a Super Saturday of thrilling races at the Singapore130 words
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Page 9 Advertisements
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Advertisement428 2003-05-16 9 |Pickthe Orchid Cup S an dWu^ijj ■r w w £A W r MH ■i. gfc If] articipate in the "Guess the Orchid Cup Winner" Contest and you might win ill ill: one of these exciting prizes! SH Ist Prize A pair of Raffles Class return air tickets to any Singapore428 words
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WORLD news
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Article518 2003-05-16 10 BRUSSELS Dispute shaping np to be more than a simple trade battle Reuters IT may not be on the scale of the Iraq war crisis, but a US-led assault on Europe's blockade of genetically modified food is another blow to an already strainedReuters - 518 words
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406 2003-05-16 10 AMSTERDAM Microsoft sales chief gives nod for steep discounts paid from special fond Reuters Bloomberg MICROSOFT has a strategy to discount its products heavily when the software giant competes for orders against the emerging and li-cence-free Linux operating system, theReuters; Bloomberg - 406 words
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Article, Illustration247 2003-05-16 10 AFP Reuters [LONDON] British Prime Minister Tony Blair and Chancellor Gordon Brown have agreed that Britain is not yet ready to join the euro, the BBC said on Wednesday. The BBC's political editor Andrew Marr reported, without giving his sources, that Mr Blair hadAFP; Reuters; REUTERS FILE PHOTO - 247 words
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Article320 2003-05-16 10 NEW YORK NYT THE two largest US stock markets plan to tell the Securities and Exchange Commission that they are not ready to make important changes to their corporate governance policies now. SEC chairman William Donaldson had asked the markets to respond by yesterdayNYT - 320 words
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WORLDWatch
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Article93 2003-05-16 10 Reuters [LONDON] Gold rose to its highest level in 10 weeks in Europe yesterday morning, despite a slightly stronger US dollar, as a new wave of economic and geopolitical anxiety thrust safe haven assets back into the limelight. Gold began to divorce itself fromReuters - 93 words
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52 2003-05-16 10 Bloomberg [BONN] Deutsche Telekom AG reported its first profit in two years after selling assets, cutting spending and paying less tax. Net income amounted to 850 million euros (Ssl.7 billion) in Ql, compared with a loss of 1.8 billion euros in the year-earlier period, CEO Kai-UweBloomberg - 52 words
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59 2003-05-16 10 Reuters [CHICAGO] US retail sales on the Internet are expected to climb by 26 per cent to about US$96 billion this year, according to a study released yesterday. The Shop.org and Forrester Research survey of over 130 retailers found that online retail salesReuters - 59 words
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433 2003-05-16 11 Neil Behrmann - More than half chalked op in UK alone; farther costs expected Frorn Neil Behrmann in London BCCI, majority-owned by Abu Dhabi, was closed 12 years ago when the Bank of England uncovered fraud on a global scale. Thousands of large and small433 words
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Article, Illustration479 2003-05-16 11 Next president faces an economy in deep crisis AP Reuters [BUENOS AIRES] A little-known governor clinched Argentina's presidency on Wednesday after his flamboyant rival, ex-president Carlos Menem, quit four days before a runoff election. Nestor Kirchner, 53, now faces the daunting challenge of lifting the countryAP; Reuters - 479 words
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Article1244 2003-05-16 10 81COM FUTUUBS May 14 lUNQMm (Closing prices) RSSKScanbAq) Close Votaw OpM MobMi Hjoji Lot Sett (towwi) Merest Jun 03 170.75 Jul 03 162.75 Aug 03 ***** Sep 03 ***** RSS 3 (US ceots/kq) Vofcne OpM Mont* High Lot Sett (tOMM) Merest Jw 03 9&00 9tL00 9L50 400 1000 Jul1,244 words
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Article4889 2003-05-16 11 Transaction date: May 15 HONGKONG v*i HKumn 1.55 005 hobs HKS w- '000 Hong Kong Electnc 30 70 020 2190 Hongkong Chinese 0.85 0.06 ***** Alpha General 0-28 0.04 695 Hongkong Chinese Ltd 0 85 0.06 ***** AnandaWingOn .0.01 unch 0 Hopewell Holdings 6.70 0.05 778 Angaria New4,889 words
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Page 11 Advertisements
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Advertisement875 2003-05-16 11 BOS P ic Head Office: The Mound. Edinburgh, EHI IYZ Singapore Branch: 50 Raffles Place. 16-06 Singapore Land Tower, Singapore, *****3 CONSOLIDATED BALANCE SHEET CONSOLIDATED PROFIT AND LOSS ACCOUNT As at 31" December 2002 For the year ended 31" December 2002 31 December 31 December 31 December 31 December 2002875 words
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Advertisement4666 2003-05-16 12 T» adrwtiß call toll-free 1800 289 8812 Bawil recruit@sph.com.BK INTERNET TECHNOLOGY GROUP UMTTED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL. GENERAL MEETING NOTICE 6 HEREBY GIVEN mat the Annual General Meeting of the Company wtf be held at Boardroom No 10 Changi South Lane. *07-01 OSSIA Bukftng. Singapore4,666 words
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Advertisement2131 2003-05-16 12 OSSIA INTERNATIONAL LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting of Ossia International Limited win be held at the Boardroom. No 10 Changi South Lane. •07-01 OSSIA Buftftng. Singapore *****2 on 31 May 2003 at 10 30 a m to transact the2,131 words
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EXECUTIVE WOMAN/ARTS
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Article, Illustration813 2003-05-16 13 CHEAH UI-HOON - Just 15 months after opening her first Tea Spa outlet Serene Sorenson tells cheah ui-hoon that the store is set to expand to Europe and the US CHEAH UI-HOON PIFTEEN months after Serene Sorenson, 32, established Tea Spa's first outlet at Raffles City —aARTHUR LEE - 813 words
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431 2003-05-16 13 Aaron Lye - By Aaron Lye BEFORE the premiere of pulse VERSION, director Low Kee Hong said that one of the production's main goals was to "make the private very public", and this is something that pulse pretty much succeeds in. From the get-go, the viewer is431 words
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Article, Illustration570 2003-05-16 13 Corinne Kerk - By Corinne Kerk TWO auction previews which were postponed from early April due to the severe. acute respiratory syndrome (Sars), will finally take place today and tomorrow. Both Sotheby's and Christie's will hold exhibitions of paintings and jewellery that will go under the570 words
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Page 13 Advertisements
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Advertisement122 2003-05-16 13 COMPLIMENTARY BT ATMILLENIA WALK IF you're not working tomorrow, you can still get a weekend copy of The Business Times at Millenia Walk. Have you grown enough to be recognised? Nominations for the 2003 eso.startup Award are now open. To be eligible, a company must: 1 I r~ be under122 words
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CINEMA/EPICURE
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Article, Illustration1013 2003-05-16 14 JAIMME EE - Reloaded is laden with enough psycho-babble to sink a ship, says jaxmeee JAIMME EE MATRIX Reloaded spouts a fair bit about the philosophy of choice the freedom of choice, the illusion of choice and the understanding of choice. The same principle applies to viewers of this second movie inREUTERS - 1,013 words
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Article, Illustration634 2003-05-16 14 Cheah Ui-Hoon - By Cheah Ui-Hoon APPARENTLY, high altitude dulls your tastebuds which is why food in planes is usually heavily salted to compensate for the reduced sensitivity. It somehow seems apt then, that Si Chuan Dou Hua at the 60th story of UOB Plaza is dishing634 words
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Page 14 Advertisements
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Advertisement39 2003-05-16 14 TURF CLUB $jgS&s|j, w AI jfl iH Don't miss the action on Saturday, 17 May ***** Join us at Singapore Racecourse for the $1 million Orchid Cup and $500,000 Hibiscus Bowl. The action commences at 5.15pm. www.turfdub.com.sg Tel: *****00039 words
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PERSPECTIVE/EPICPRE
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572 2003-05-16 15 jaime ee - U3d the cuff If this is a computer-generated reality a la The Matrix, life should be less difficult jaime ee WOULD you take the blue pill, or the red pill? If there's one thing that The Matrix doesn't explain, it's why, if572 words
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Page 15 Advertisements
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Advertisement120 2003-05-16 15 Where to wine, dine and entertain... I I Function Roomavailable for your Baby's Full Moon t I Maximum -100 pax I Minimum Seminar -15 pax I For enquiries, call us at 430 4119 I 218 Queen Street, Singapore *****9 H H2| KOH-OIHEBWOwj mmmtk .^hhihh Mk (jfu/t More than 10 varieties120 words
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Advertisement169 2003-05-16 15 Indulge in the best of two culinary worlds as we bring you the best of international cuisine. Highlights include Pepper Dabs and Roti Prata from Singapore. Sashimi and Califbrnian Hand Roils from Japan. Fresh Oysters, Soft-shelled Gabs and Braised Oxtail from Europe and lots more. Monday to Sunday (except Saturday)169 words
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Advertisement119 2003-05-16 15 mmm^^= city hotel I TBI COFFEEHOUSE IS Tanjong Katong Road Singapore *****0 Koaya cum Local Lunch B HijjiTea -g— Saturday Sunday QA* 92n00n to 2.30pm \g ■.00pm to 5 .30pm An endess krch and (inner biifet with 68 outstandng Cantonese dishes prepared by master chef Lunch: $28.80 (Adult). $17 (child)119 words
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Advertisement181 2003-05-16 15 haute i9d a n culs I n I "Foods that Heal" m I Inspired by ancient Ayurveda, Rang Mahal I proudly presents a natural way to good health. J Adopting the principles of ayurvedic wisdom. Dinner: 6.30 pm -10.30 pm Ss49 per person Malw your dining nMsrvattorw at 6333 1788181 words
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Advertisement126 2003-05-16 15 I MERITUS MANDARIN S I NGAPORE f~ Asparagus Season 1 31 MAY 2003 Asparagus is one of the most nutritious and delicious vegetable. It is fat-free, cholesterol-free and packed with vitamins. Savour healthv Pan-fried White Asparagus Salmon Carpaccio, or the Duo of Purple Asparagus Italian Prosciutto Ham and many more.126 words
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Page 15 Miscellaneous
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Miscellaneous289 2003-05-16 15 CRYPTIC CROSSWORD ed arete area (6) 18 Aunt Salty (4,4) ACHObb 28 Democrat reacted strange- 20 Bag a drink from Spain (4) H I B I 0 I H I B I [7 I B 1 Game controller s Plea- ly to sure-fire winner (4,4) 21 Left ten out as289 words
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EXECUTIVE Lifestyle
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Whole new ball game
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Article, Illustration659 2003-05-16 16 Cheah Ui-Hoon - Ready, set, serve! Not the ball, but that steaming bowl and tasty dish. Just this year alone, a few of Singapore's young athletes have done a walkover from the competitive sports arena into the equally competitive food business. Courting foodies now besides sports fans athletesARTHUR LEE - 659 words
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Article, Illustration349 2003-05-16 16 NEXT month, Remy Ong, 25, Asia's king of bowling and Singapore Sportsman of the Year will be trying his hand at rolling popiahs on a plate and not just bowling balls down the alley. The aim? To bowl over Singaporeans with his family's popiah recipe.FILE PHOTO - 349 words
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Article, Illustration517 2003-05-16 16 SHERMAN Lim, 28, started P'nang on Mosque Street in February with the son of Datuk Jean Loh of Kah Motors, herself a Penangite. "We have a lot of good friends who like Penang food, so we thought, why not start a joint that serves nofrills Penang food?"PHOTOS BY ARTHUR LEE - 517 words
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Article, Illustration267 2003-05-16 16 REFERRING to the anticipated trials in the business, footballer V Sundramoorthy, 38, figures that just like in soccer, stamina is necessary to keep going. "It's not going to be smooth-sailing all the time, so I guess it's a matter of pacing yourself," he says. Now playingFILE PHOTO - 267 words
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SHIPPING TIMES
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Article267 2003-05-16 17 Reuters THE Baltic Dry Index rose 18 points to 2266, the Baltic Capesize Index rose 27 points to 2964, the Baltic Panamax Index rose 13 points to 2311 and the Baltic Handymax Index rose 154 points to *****. ♦Nightwhisper (built 1985) *****8 dwt delivery Cape Passero 18/20 MayReuters - 267 words
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Article260 2003-05-16 17 MX 'MO ■gM n *t- w CWT Distribution 0.60 unch 0 ChuanHup 038 -0.01 190 CM oftlhor# a» 0.01 137 Cosco Invntmaat _0.23 unch 1541 FraMtt Links 004 -0.01 371 CBHoMnos 0.57 unch 6 JayaHoMtnqs —0.34 -0.01 2S3 KappolCorp 4.50 -0.02 1717 K1 Venture 0.16 unch 212 KappalTala260 words
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435 2003-05-16 17 Screening machines to be installed at some ports to deter terrorists AFP [LONDON] Britain has announced it was tightening its port security, two days after suicide car bombings at foreign housing compounds in Riyadh reportedly killed at least 34 people, including one Briton.AFP - 435 words
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Article167 2003-05-16 17 [SINGAPORE] The main Bangladesh container port of Chittagong is set to become the latest port to join the US Customs' container Security Initiative (CSI)According to a report in Bangladesh's The Daily Star newspaper, three US officials visited the Chittagong Port recently to select the site of167 words
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Article, Illustration91 2003-05-16 17 [SINGAPORE] Hutchison Port Holdings subsidiary, Hongkong International Terminals (HIT) Ltd, recently took delivery of two new quay cranes for its two new berths at Container Terminal Nine (CT9). Manufactured by Hyundai Heavy Industries, the new quay cranes have an outreach of 63 metres and a lifting91 words
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Article208 2003-05-16 17 Lower costs, higher margin ships behind increase Bloomberg [SEOUL] Daewoo Shipbuilding Marine Engineering Co, the world's sec-ond-largest shipbuilder, reported a 53 per cent increase in first-quarter profit on lower financial costs and as it booked earnings on higher margin ships. The company's net incomeBloomberg - 208 words
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Article, Illustration271 2003-05-16 17 Bloomberg [SEOUL] South Korean truck drivers and cargo workers agreed with the government to end almost two weeks of strike action yesterday, which has cost freight companies about US$45O million in delayed shipments. Under the agreement, the government will cover additional costs to truckBloomberg; AP - 271 words
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335 2003-05-16 17 Donald Urquhart - Incident off Seattle in accident: St&rnnit Jty Donald Urquhart [SINGAPORE] Star Cruises subsidiary Norwegian Cruise Line (NCL) has once again found itself cruising in sewage as US environmental and coast guard inspectors investigate the Norwegian Sun cruise ship after it dumped 40 tonnes335 words
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316 2003-05-16 17 Norway concerned over Russian idea AP [OSLO, Norway] A Russian proposal to turn ageing nuclear submarines into underwater oil tankers sent a shiver through neighbouring Norway on Wednesday over fears of a double environmental disaster in its waters. North-western Russia isAP - 316 words
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878 2003-05-16 18 Selva Kumar - ADMIRALTY CASEBOOK Offence was minor and there were extenuating circumstances, Aussie court rules -By Selva Kumar THE owner and master of a vessel, from which five litres of hydraulic oil escaped while it was moored alongside Lord Howe Island off the878 words
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Article, Illustration43 2003-05-16 18 AFP [COLOMBO] A curious crowd looking at the Maldivian cargo vessel, the MVMaafishi, which ran aground along the coast near the Sri Lankan capital and port of Colombo. The unstable weather created havoc along coastal areas of the island. —AFPAFP - 43 words
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Article200 2003-05-16 18 Avant 6 B'tang Mas 5 BSA 4 BSC 6 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 Chahaya 6 China Shpg 5 Confer 6 CWT Globelink ...4 Delmas 4 Dongnama 3 EP Carriers 6 ECL 3 Eng Lee 6 ESP lines 4 Far Shpg 5 Foong Sun200 words
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Article12602 2003-05-16 23 THEBUSINESSTIMES EXPORT ETA ETA Advarttsar Vassal Voyaqa Talaphona ETA ETA Advartisar Vassal Voyaqa Tataphona SIN Desfn None Name Numbar Number SIN Dastn Name Name Number Number 09/04 11/07 MOL Pto NED AT AC AM A 70tlE 45+*****44 To ABIDJAN (ABJ) 2003 Cot# D'ivoire T# CAPETOWN (CRT) 2067 South12,602 words
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SHIPS IN PORT
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Article606 2003-05-16 25 Vessel Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL HANEI SUN 324 J4/5 A/SIDE 16/05 2200 ATRIA JB0503 J6 16/05 1000 16/05 2300 BAYSWATER228 M3109 J3 16/05 0900 16/05 2300 BT ARDI JAY A *****3 J1 16/05 1000 16/05 2300 BTCHUPCHUP *****3 J1 16/05 0800 16/05 2000 BT606 words
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Article1736 2003-05-16 25 CONTAINERS TERMINAL AMP VESSEL SCHEDULES Vessel Out In Btti Berthing Un- Berth Name Voy Voy seq berthing Nmbr i—PWi C234E Q3€ 1 *****00&0900 1705/2003-2100 ACX ULAC 0S2N 052N 1 **********00 HBMOBMMO ACX SAKURA 0175 017S 1_ 1805/*****500 1905/*****700 MBI YA1003 YAL003 1 1605/*****700 *****00*2200 K17 ANAN BHUM N2861,736 words
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Article136 2003-05-16 25 May 19 Canada/Victoria Day May 29 U.K.: Spring Bank Hoi U.S.: Memorial Day May 29 Indonesia: Ascention Day France: Ascent ion Day Germany: Ascention Day May 31 Brunei: Armed Forces Day Jul China: Children's Day. Jon 2 Italy: Anni of the Rep. NZ: Queen's Birthday. Job 4 Hongkong:136 words
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Article734 2003-05-16 25 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description at the market Prices shown are ba9ed on average sized stem Market movements are indicated. The Cockett Bunker Price Index change and734 words
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Article436 2003-05-16 25 Carta «0 Mai 1005.1 0.7 152 0.08 M4 0.03 May Density Hater ti ilfci AsfcAJwaMaai Sadtant No atae E2S 3 0 2 0 2 0 380 Aw 900.5 0J U.I 0.04 0.02 380 Mai 991.9 15 0.07 41 0.0S M/tri »V/V »M/W »M/M W mtom* Wo436 words
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AIR & LAND transport
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Article, Illustration533 2003-05-16 26 Branson says the carrier's outlook is good as Sars has not hit Australia flights Bloomberg [ADELAIDE] Richard Branson said annual profit more than tripled at Virgin Blue Airlines, the UK billionaire's Australian carrier, and he wants a 30 per cent stakeBloomberg; AFP FILE PHOTO - 533 words
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359 2003-05-16 26 It adds flights, expects some fare increases for this summer AP [DALLAS] Southwest Airlines, the only major US carrier to remain profitable the past two years, expects to continue in the black this year, chief executive James Parker said on Wednesday. Southwest, bucking theAP - 359 words
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Article131 2003-05-16 26 Bloomberg [AUCKLAND] Air New Zealand extended capacity cut on flights to Hong Kong, Singapore, Japan and Taiwan until September because a deadly pneumonia virus reduced bookings. The reductions from May until September represent 8 per cent of available international capacity, Air New Zealand said inBloomberg - 131 words
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Article, Illustration300 2003-05-16 26 AVIATION'S SABS WOES AFP [TOKYO] The number of travellers using Tokyo's Narita airport, Japan's main international gateway, saw its steepest year-on-year decline in this year's spring holiday due to the Iraq war and the Sars outbreak, an official said. The number of passengersAFP; REUTERS - 300 words
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297 2003-05-16 26 Major airlines to receive more than USs3oom each under new aid plan Reuters [WASHINGTON] American Airlines, Delta Airlines, and bankrupt United Airlines, are each getting more than US$3OO million in cash for reimbursed security costs, the government said on Wednesday, The TransportationReuters - 297 words
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275 2003-05-16 26 Bloomberg [CHICAGO] UAL Corps United Airlines, the world's second-biggest carrier, said it and General Electric Co have agreed to restructure lease and financing arrangements for 51 planes, saving United US$2OO million over five years. United, which filed for bankruptcy protection inBloomberg - 275 words
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132 2003-05-16 26 AP [JAKARTA] Air Paradise Indonesia will begin flights from the resort island of Bali to Taipei and Seoul starting In July, the carrier's owner was quoted as saying. The Bali-based airline currently flies between the island and the Australian cities of Melbourne andAP - 132 words
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Article1839 2003-05-16 26 an rutwT cu maw o» $***** 1555 $***** im MM uent 2m wu 2350 {Q229 2235 Of6 1005 5026 2350 I I I MO mm in m «—o*« IM ens ono $0323 0640 $0324 2345 CP* 55. 6*975 0855 IM VWT4I 1325 SOT76 1035 IU37 14551,839 words
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240 2003-05-16 26 Reuters [SHANGHAI] China Eastern Airlines said on Wednesday that passenger traffic dived nearly a third year-on-year, joining a string of other airlines to report diminished travel since the Sars virus outbreak. The country's second-largest airline carried 744,010 passengers in April, down 30.71 per cent fromReuters - 240 words
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Page 17 Advertisements
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Advertisement19 2003-05-16 17 Virgin Blue earnings triple BACK f'Alif ADMIRALTY CASEBOOK Owner, master of vessel escape penalty for causing pollution PAGE 219 words
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Advertisement792 2003-05-16 18 Tip VSA/pANApA I I EXPORT I I OTHER DESTINATIONS I VBSa VOT WB IfIWBOMQI |p>IIAS |MOUSWM |WHWS |oaCAGO|MWTOM TO AUSTRALIA (AUSTRALIA ASIA EXPRESS OOQdflM 4280 IVK 14/05 31/05 03/04 04/04 04/04 04/04 07/* ygsE VOT EUSm| KG —Rf M MA *I Pto NBXIOYO SIUYYBMI I4QI 70/05 21/051 (Mi 10/04 13/14792 words
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Advertisement365 2003-05-16 18 l*m sarvicK naprasantad bf tM _'"'nf L c x°«n Sngapore Shipping Auociahon COWUNBS/ CONVENTIONAL CAftGO HKI ra*T KUMG/SMCArati/IMUyrU t MMOUX vov etapkl eta sin eta male PrtanwUh M l(« IW 2VK NaldSar SBA a* Uli MARINE SERVICES SINGAPORE Ptear QS4 nUfIMHI hi 0547M1 SCANCHART AGENCIES SDN BHD C X TRANSLMDO365 words
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Advertisement1274 2003-05-16 19 TO EUROPE FROM EUROPE vcsa vot si en rai hm sou ibi livea Ivor mm mm him mm sod m m tfICTRN 11MT IS/OS 04/0* M/M 02/0* ATIAGMI 111 14/ M M/M 22/ M M/«S MOl ADVANTAGE 015W l*/05 M/ 05 02/ M 04/ M M/ 06 07/ M HMMNIMW1,274 words
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Advertisement1231 2003-05-16 19 Ms '"ffiisHSHP M ii-u mts p-J— L-L—t—:m iai:i.iiii:itT l «.nfv««.i, T AQABA (JOftMM) 10 DAYS COBUi Mam SMMPOt!: 00 ■OOWKM 00 tIMO SAUS/M6STH_ *****057/41 MX: 42U5J21/741 -1- Uftm s??!!<ftas w, m ll zsrjiff ass ssss I iSSKMSnSSSo Sm aao- H7I7IfOOOM T/S»0» *****175 *****314/44 I 1 W^» jONorsoma: convhtiomi MTO SIM1,231 words
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Advertisement472 2003-05-16 19 iicgL ly!ljynlj"*!!* I »wwi i 31/5 HYUNDAINQOGE 059S 14/5 17/S 22/5 23/5 21/5 H/5 5558» M SISB yfe M 88 HTM»inB«BS MIS 21/5 31/5 V 4 t/i »/4 11/4 llvßsa Iwrl na I aim Ihc I sh» I uai Iwsl bc 1 ia 11 wxrrr mtt. i mar L, JJaL,472 words
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Advertisement1172 2003-05-16 20 HM# HYUNDAI MERCHANT MARINE CO., LTD. g MO. HWHMOOM Iwsa ~wT "ST sou uh "w aw "waT ay vcsa wr soo ia ra urr ma tv I M tfIKUM 10IW 00/ M 75/05 27/05 71/05 tfICOCAI 1111 14/ M 14/04 10/04 In/OS OKftPOOOMSi (OiW 01/05 JO/OS 11/15 20/05 a/OS NT1,172 words
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Advertisement1309 2003-05-16 20 WAN HAI MIRNAIIONAL PTE UD a■& i **********/01 V?>A .1(111 1111 (HUB) FM:6M***** HAI LINES V ni&wmMmwLanßMßiM&asiißfMftMtwiiimm/imjß »«WWhM(MM M mi SB4IM HI Ml) UMTS fUI M. 714M/***** NUL 7I4PV MWWWMW KT** I Sufsl imr uSf tiw -*Sr nsSr ——55L-S—!s_ _SL _55_ _55_ _S_ MHW «IM 17* MS 31* Ml Ml1,309 words
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Advertisement617 2003-05-16 20 BSA x <v^^ m MYANMA ■B FIVE STAR UNE (My«nMr MBH>—I UM) msa vot sm ra ra fgu MUM 30*W MP*-** 30 7W su> M BALATSIA: OOUSTIAD SHIPPING AGf NCIES IW: 03 *****300 KL 03-317**101 KM: 04-2****** BANK LINE (ft wrvkt »l Aairtw W«k Shl^kf) northbound to Eu«o»t V CONUMER,617 words
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Advertisement1022 2003-05-16 21 IRISL, 9dm Itemsoo Qfh® lASsMlsi RasD? wufa&s] <s(duo Mill] Ikxsßim) (hxr 0® foolksMxsl (poifooite Ouo Jitghjo <&a w®lSl oa 0® (SJ]o& Sao (Mm {fasOmD Vvmiaito Qifam* AGENT M SINGAPORE I AGENT M MALAYSIA AGENT IN INDONESIA SMOSE MARITIME PTE UD CR NO: **********0H BOUSTEAD SB6PPMG AGENCCS SON. BHD. PT. SMOSE1,022 words
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Advertisement466 2003-05-16 21 i ISI UK CONTINENT SERVICE Lowing for SMART RDM/ATW/BMNAJK/NAN GULSER ANA RDM/ATW/BMN/UK/NAN Loads Singapore E/W. Malaysia. Indonesia MIDPiE-EAST SERVICE Loading tor BRAVE JOHN JDH/AQA PRABHU DAYA DBI/ABU/DOH/BRN/DMM/KWT PACIFIC SUN II JDH/AQA NEW BARONESS DBI/ABU/DOH/BRN/DMM/KWT IRINI DBI/ABU/DOH/BRN/DMM/KWT *Loadt Singapore. EJti. 44alaywa. Indoneaa USA SERVICE Loading for AROURA AMETHYST ALFONSO M2L/LAX/VCW SEA466 words
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Advertisement1209 2003-05-16 21 -ffiift m a jassa m an m -«<Me6 m* IZZ9S IZZ«_ JMUHM 81l »/Q5 «/ii wsw IAZ92 It/M illiliW 7 am nm am wtw* mm »/»s 10/05 BCJ— at mm nm w.pm mm nm n/t? w _aas_ fKHMA mm nm n/ts HKOAMDA WS4W 24/05 14/05 Ntww msH 25/05 ?4/os_ rasa1,209 words
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Advertisement725 2003-05-16 22 neasu mm tmi/os nn/os 0304/04 I TIGEK lIIDGt 003N 23 24/05 31 01/04 0407/04 I TIGEI SHARK 084* 77 71/05 04 05/04 1011/04 I TlttlSKY MSM 3&31/05 0/ 04/04 IH4/04 I T|6astA^^oJ*J|^OW4^4^^lM2/O4^in»/04l VOT SM CAI Tl6E* SPIRIT 047 *****5 7TT77OS 0505/04 I XFKSIENOWN 171 71 74/05 3041/04 I TIGfl IYIOR725 words
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Advertisement920 2003-05-16 22 VESSEL NADU VOT SMGAFORI FORT KiLANC SiTTAOON6 MMU ETA ETA ETO ETA ETP lIA ETP MWOUR SHWMA 20W90 SAI 17/05 72/05 2S/05 PC HONOUR 07N040 TW 20/05 21 /OS 21/CS 25/05 H/05 OCtARR 09N050 THU 22 05 73/05 74/05 27/05 >1/05 OCOWMTT 04N045 SAT 24/05 75/ OS 75/05 29/05 03/04920 words
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Advertisement1064 2003-05-16 22 I /fb IPDZ LINES I #MM —W CUSTOM SBVKE: TIL 01-6721 5596 «U: 02-4227-0190 I I MKitffllL TOW 6 JOO SHFHHG HI UB 11 itih|iTl|i iiiii| I H~— mmsi |im|»/w laswg Imi I NHUMSS |Mll|n/9S |GtMENG| MIS 10/os|*.<—ttl|Ml7|n/05|S.6— I Mil N/oS|auM| |UM7 Im/M IM/M I H—BA—SI lIP p/w 6HOBIC 31171,064 words
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Advertisement205 2003-05-16 22 I rti ***** BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM SVOH TO KARACHI Ivissa wiMSt ttkmuKm roima lw»*« oonw tvos/k wum wi,t SEA-PAC MANAGEMENT PTE. LTD. 70 Anaon Rood #17-07/00 Afwx Twmt, ftnW" l *****5 6270 0977 VI riKifawU, 6275 2309 Talajc IS ***** SEtfAC DKCT an NAMPO, D JJL205 words
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Page 25 Miscellaneous
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Miscellaneous121 2003-05-16 25 FOR 7AM 16 May2oo3 §B|^9S^B&«sv BEEEESSSBBSESEEiK^SSSSiSSSSiSr Issued by Meteorological Service Division.NEA LEGEND: <C Thunderstorm Wind speed symbols Showers Full circle w/o line indicates calm or light and variable winds R a j n One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots xi Hazy A121 words
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