The Business Times, 13 September 2003

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Total Pages: 18
1 18 The Business Times
  • 12 1 THE BUSINESS TIMES weekend MfTA(P) 024/03/2003 85c SINGAPORE SEPTEMBER 13 14, 2003
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  • 737 1  -  145-year-old retailer to distribute sale proceeds, cash holdings off $337 m By Angela Tan [SINGAPORE] Singapore's oldest and largest retailer Robinson Co added a new meaning to its famous tagline "The sale worth waiting for". The highly profitable and cash-rich group
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  • 872 1  -  Package aims at readying economy for push into information age From Diana Oon Abdullah in Kuala Lumpur THE listing of the world's largest plantation concern, higher cigarette and alcohol taxes, continued protection for Malaysian-made cars and the absence of any corporate or
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  • 699 1  -  More clinics are now offering cosmetic services, as SJOW u SEN finds out and they are cheaper too SIOW LI SEN «T T'S like walking into a I bank to deposit your monI ey and you get sold unit JL trusts Some don't like it,"
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  • Page 1 Advertisements
    • 52 1 w vj n MOTORING Pick best at Frankfort Motor Show PAGE 13 IWL hi//< (ins v SWEETHEART BANKER I T REPORT. Page 10 Green light/or Labuan firms to come to JB, Pg 2 Commentary: Healthy Budget to successor, Pg 2 Higher oil, LNG prices boosted economy, Pg 10 liif 8
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    • 12 1 CORPORATE ANALYSIS Why recently-listed ACCS has the edge over rivals PAGE 4
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    • 192 1 mvimßhi Biggest myths surrounding insurance ME 7 I China's GDP numbers are pure fiction. India growing at 6.5%? > Don't believe that either. Mit Economics Professor and author Lester Tliurow newsbreak Matsushita to invest $150 m here [SINGAPORE] In a strong vote of confidence for Singapore, Matsushita Semiconductor said it
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    • 13 1 [I^^Hsroßrs Boring Oscar De Li Hoya is the (Mister bey spin I F
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  • news front
    • 371 2  -  MALAYSIAN BUDGET Move expected to boost PTP and Senai Airport may affect Singapore's role as a logistics hub Reports by Eddie Toh in Kuala Lumpur THE Malaysian government will allow offshore companies in Labuan to open marketing offices
      371 words
    • 341 2 Company has potential to be an inf I brand: Mahathir MALAYSIA, which produces half of the world's palm oil, will float the Federal Land Development Agency (Felda) in a bid to create the largest listed plantation company in the world. "Felda
      341 words
    • 693 2  -  Saturday soapbox eddie toh INVESTORS are surely disappointed with Malay sian Prime Minister Mahathir Mohamad's final budget speech yesterday ahead of his retirement next month. There are no corporate or individual tax cuts (again), no explicit guidelines on the new tax
      693 words
    • 580 2  -  tt will make image sensors used in electronic devices Byi Amit Roy Choudhury [SINGAPORE) In a strong vote of confidence in Singapore's readiness to ride the upturn in the expected recovery of the global electronics market, Matsushita Semiconductor announced that it would
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    • 406 2 LATEST US DATA Confidence down in eariySeptonjob, recovery concerns Reuters Bloomberg US consumer sentiment deteriorated unexpectedly in early September, a survey showed, as wariness grows over the pace of recovery and high unemployment, market sources said yesterday. The University of Michigan's closely-watched gauge of
      Reuters; Bloomberg  -  406 words
  • Page 2 Advertisements
    • 62 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: Aidan Healy or Simonne Toh T: +65 6535 3382 F: +65
      62 words

  • the raffles conversation
    • 2343 3  -  MIT icon Lester Thurow gives VIKRAM KHANNA the lowdown on the world's most talked about economies VIKRAM KHANNA HINA's GDP growth f figures are too good to be true, and so are \r India's. The Japanese economy's in a hole that's almost ■aaam impossible for it
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    • 901 3 WILL Iraq cost President George Bush the 2004 election? "No, what will cost President Bush the election will be the economy,' says Mr Thurow. "Not because of GDP, but because of the loss of jobs. The Democrats are going to be able to say
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  • Page 3 Advertisements
    • 71 3 The Raffles Conversation is brought to you through a "T"\ 1 special arrangement with Raffles International Hotels I I I \f±G and Resorts. The Traveller's Palm in the Raffles JL VdCLUL XvO International logo is an apt symbol. Not only has water INTER NAT IO NA L Stored at the
      71 words

  • news companies
    • 325 4  -  Company said earlier it had dismissed Irawan Darsono but gave no reason By' Vince Chong THEY may not have been perfect bed partners but Mayfran International and its former executive director Irawan Darsono have managed to part ways amicably. In a turnaround yesterday, the bedlinen company
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    • 1247 4  -  corporate analysis Recently-listed ACCS owns or operates seven out of every 10 mobile phone service centres in Singapore and has seen its profits quadruple over the past four years. VEN SREENIVASAN finds out what gives the company its advantage over rivals VEN SREENIVASAN THIS
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    • 272 4  -  Topbound completes purchase off near 30% stake By Kenneth Lim THE entrance of Topbound Pte Ltd as a substantial shareholder of mainboardlisted electronics manufacturing company Singatronics yesterday also saw major changes in the board and management. Topbound completed its purchase of a near 30
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    • 642 4  -  market review r sivanithy DAY traders often devise complex strategies to maximise their chances of making money. Some use charts, momentum indicators and moving averages to try and divine which way the market is headed. Others rely on fundamentals and discounted dividend models. All may yield
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    • 72 4 sti MMI 7 (-8.98) ST INDEX FUTURES 1,877.00 (-6.00) SIMSCI FUTURES 19&40 (-1.10) Friday Change KLSECOMP 740 94 IOC NIKKEI 225 ___10.712.M -166.4^ HAN(i SEN(i Closed SET INDEX 568 .17 -671 jiuBunrjia *1274 MANILA COMP .1.272.99 -9.01 TAIPEI WPI 5.645.28 *21X5 SEOI'L 00V Closed SHENZHEN B ±B46 -1.78 AI'STALLORD
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    • 88 4 FOREX RATES US$ S$ I'SS (SS per ISS) 1.751 £(1 SS/SS per S| 1.594 2 79*1 El R()(I SS 'SS E) 1.118 1.958 YEN 117.1 66 .90 RM :l.M0U 1170 HKS 7.799 4454 BAHT 40 79 2329 R1 PIAH 8.450 4,826 RENMINBI 8199 4 7.19 INDIAN RI'PEE 4577 26.14
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    • 625 5  -  They point to higher ROE after dividend payout and pick-up in market activity By Ven Sreenivasan ANALYSTS said the Singapore Exchange's full-year results were within expectations and are generally upbeat on the company's prospects for the current year. They also hailed the company's decision
      Source: Bloomberg; CHRIS LOH  -  625 words
    • corporateroundup
      • 164 5 SINGAPORE Telecommunications has paid Australian Gas Light Company (AGL) As 23 million (5526.5 million) to settle a lawsuit. AGL had sued for about AsBs million over the Dingo Blue Pty phone company it bought from SingTel's Optus for As 22 million in 2000. AGL has
        164 words
      • 62 5 ST Treasury Services, the treasury arm of Singapore Technologies Pte Ltd (STPL), yesterday signed a US$5OO million multi-currency medium-term note agreement to fund its capital requirements. The arrangers and dealers for the programme are Citicorp Investment Bank (Singapore), Credit Agricole Indosuez, DBS Bank and
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      • 43 5 Bloomberg SAN Miguel Corp, the biggest Philippine food and beverage company, said it is in talks to buy Keppel IVI Investments Inc, Keppel Corp's Manila-based investment banking unit. No agreement has been reached, San Miguel said. Bloomberg
        Bloomberg  -  43 words
      • 57 5 DBS Bank now owns all of DBS Vickers Securities Holdings, having bought the rest of the 40.5 per cent stake in the brokerage firm for $238.4 million. The move comes after Singapore Technologies Pte Ltd exercised a put option in July to sell that
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      • 90 5 Bloomberg HEINEKEN, the world's third-largest brewer, has started its own investigation into allegations of financial misconduct at its Asia Pacific Brewery (APB) venture in Singapore. Former APB finance manager Chia Teck Leng is facing charges that he allegedly cheated four multinational banks. A Heineken spokesman said
        Bloomberg  -  90 words
      • 61 5 STRIKE Engineering plunged deeper into the red for the year ended June 30, with a net loss of $26.6 million from just $884,000 a year ago. The engineering company said results were hit because its stake sale in Lantrovision reduced revenue. The company also incurred some
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      • 72 5 W SESDAQ-LISTED Omni Mold yesterday received the green light from shareholders to merge with privately held Tech Group Asia Pte Ltd. Omni Mold has yet to set the books closure date to determine entitlements under the merger scheme, but had earlier said
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      • 118 5 POPIAH King Sam Goi Seng Hui, owner of food group Tee Yih Jia, continued to expand his stake in food-re-lated companies QAF and Super Coffeemix Manufacturing. Mr Goi, who bought 613,000 shares of food supplier and service provider QAF earlier this week and late
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      • 96 5 CAPITALAND subsidiary Premier Health Corporation International (PHCI) has rescheduled the completion date for the divestment of its entire 65 per cent stake in Premier Health Corporation for the second time in three months. PHCI had set the completion date of the RMI2 million (555.5 million) divestment
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      • 86 5 MAINBOARD-LISTED SMB United's subsidiary EDMI has lodged a preliminary prospectus with the Monetary Authority of Singapore, indicating its intention to seek a Sesdaq listing. EDMI, a specialist in utility meters, said it intends to use the proceeds from the listing to launch a new
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      • 53 5 THE family of Wee Cho Yaw has upped its stake in Haw Par Corporation by another 140,000 shares, or 0.07 per cent of Haw Par's issued share capital. The shares, purchased by Wee Investments Pte Ltd for a consideration of about $4.13 apiece, were
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  • Page 4 Advertisements


  • money personal finance
    • 868 6  -  Leaving behind a large fortune for your loved ones without succession planning can also mean passing on a large tax burden, says KENNETH LIM KENNETH LIM DEATH and taxes are the two certainties in life, Benjamin Franklin once said. If he was an accountant, he may
      REUTERS FILE PHOTO  -  868 words
    • 463 6  -  By Genevieve Cua TERRORIST attacks appear to have a diminishing effect on stock markets in Asia at least, according to a report by Fundsupermart released yesterday. The portal tracked the stock markets of the countries where terror attacks occured in four instances
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    • 847 7  -  By Genevieve Cua wnjfiTHifiK you re single or married, with or without children, insurance is a basic aspect of your financial plan that should be addressed. In fact, in terms of a pyramid of needs, insurance lies at the base. This is so because
      847 words
    • 1322 7  -  show me the money Investing in smaller companies will make better sense if you know how to pick them teh hooi ling LAST week, I talked about how the pricing of small and medium capitalisation stocks is generally more inefficient than that of the blue
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    • 998 7  -  By Teh Hooi Ling THE Sars scare took some steam out of the local bourse this week, causing the Straits Times Index to retreat by 1.05 per cent in the week to Thursday. But thanks to dividends received, the analysts' upgrades
      998 words
  • Article, Illustration
    600 6 Transaction date:Sep 12 DITERBAMKCURBEirCTRATES tost A atalt US$ A«<tn$t S$ Against US$ Cmnmtn BM Offtr Bid Offtr Cogencies Bid Offtr BM Offtr SUSS to 100 SS/USS to one unit of foreign currency: unite of foreign Australian dollar ***** 1.1550 0.6590 0.6595 Tenc f Canadian dollar 1.2747 1.2758 0.7281 0.7284
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  • 3355 6 UNIT TRUSTS FUNDS CoMiMnbMk Asset Mgt com Global Finance Index!?! 0 848, ss^"" 5 ,m saasarjst^naE Star Europe *T Com Global Telecom Index Fd 0442/ Star Europe Bal 0 9S4/ Infotec index Fd! 0.344/ Star Asian II 0 816/ 23Z2"* 091 Star Asia Bond 1 3*4/ Com a bai Travel
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  • news at home
    • 527 8  -  jobs 26,000 figure brings first-half year's total to 30,052 By Anna Teo UrUA i cjU tigures snow that job losses in the second quarter were much higher than initially estimated. In what is the the biggest quarterly decline since the mid-80s recession, total
      527 words
    • 384 8  -  But Gallup poll shows more than half say reductions too steep; sentiment more likely to be felt among Bu Kenneth Lim A POLL by the Gallup Organisation showed that while two out of three Singaporeans think the recent CPF contribution rate
      384 words
    • 498 8  -  Stat board to help workers find and keepjobs By i Chuang Peck Ming THE first thing the new Workforce Development Agency (WDA) will do is to tackle the more immediate problem of unemployment and it aims to produce results within a year.
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    • 221 8 Alick Chia one of two winners in this year's Lewis Spangler Award A SINGAPOREAN has been conferred an international award by the Swiss-based International Federation of Purchasing Materials Management (IFPMM) for outstanding contributions to the profession. Alick Chia who is managing director of SKF Logistics
      221 words
    • 242 8 Bloomberg SINGAPORE power company Power Seraya Ltd, which has the country's second-largest generation capacity, plans to sell $250 million of bonds and will start marketing them next week, bankers involved in the sale said. The power producer hired JP Morgan Chase
      Bloomberg; FILE PHOTO  -  242 words
  • 980 8 for week beginning Sep 8 c——» Hi Tl— Mi Corp E Venom Boardroom 1 Oct 10 00an 123 Getting Line. *07-01 Venom Industrial Building Hotel i Tudor Ballroom 29- Sep 11 30arr Malaysia Goodwood Park Hotel 22 Scom Road Central I Tudor Ballroom 29-Sep 114Sarr Properties
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  • Page 8 Advertisements
    • 13 8 I Lianhe Zaobao I I Growth IdebK I eases I I anßsttH I
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    • 360 8 Call toll-free 1800 289 8822 IN THE MATER OP THE COMPANIES ACT l CAP 50) AND IN THE MATTER OF TUN WAT HOUNNOS PTI LTD (in Members Voluntary liquidation) NOTICE OF FINAL MEETWG NOTICE IS HERESY QIVEN mat pursuant to Section 306 of the Compartes Act Cap Meeting of members
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    • 162 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HORIZON TECHNOLOGIES HOLDINGS 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, that a Final Generol Meeting of the Members
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  • focus international design
    • 1051 9  -  Embracing design isn't just about offering a value-added service, it's the only route to a world-class product, Kingsmen Creatives' co-founder tells KENNETH LIM KENNETH LIM GOOD design is a matter of survival for Singapore companies, says the executive director of exhibition and interior specialist Kingsmen Creatives. "Nowadays
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    • 706 9  -  Companies must know their consumers iff they are to build a brand that stands out: consultant By. Kenneth Lim ASK brand consultant Su Yeang about Asia and the founder of Citigate Su Yeang starts to gush. "I get so excited when I think about it
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  • Page 9 Advertisements
    • 163 9 dfc international In an era cv to LigH competition. I design forum a W aces your business have what it takes? 2- 4 Oct 2003 suntec Singapore Get connected with industry leaders and learn from their success stories. IZBBHI EXHIBITION t CONFERENCE LiS 'f) £2^ Corporate Identity and o—ign, IBM
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  • news region
    • inbrief
      • 73 10 AFP [BANGKOK] Thailand's central bank yesterday introduced new rules limiting Thai baht borrowing from non-residents and other similar transactions in a bid to curb short-term capital inflows into the kingdom. Effective yesterday, financial institutions are not permitted to borrow more than 50 million baht (Ss2.l
        AFP  -  73 words
      • 74 10 Bloomberg [BEIJING] Foreign direct investment in China fell in August for a second month, the biggest decline in nine months, the Ministry of Commerce said. Foreign investment slid 28.3 per cent to US$3.3 billion, after falling 19 per cent in July, it said. In
        Bloomberg  -  74 words
      • 78 10 Bloomberg [BOMBAY] Bechtel Group and GE Capital, Enron Corp's partners in the failed US$3 billion Dabhol power plant in India, say they'll take legal action against the Indian government to recoup more than US$35O million. Overseas Private Investment Corp, a US agency providing
        Bloomberg  -  78 words
      • 67 10 Reuters [BANGKOK] Thailand plans to set up a duty-free oil export zone in six months, the first step to becoming an Asian oil hub tapping into the region's 13 million barrels a day of imports, Energy Minister Prommin Lertsuridej said yesterday. He said
        Reuters  -  67 words
      • 82 10 AFP [BANGKOK] Thailand's Financial Institution Development ihind may drop its guarantee to creditors of financial institutions under a central bank proposal forwarded to cabinet, Business Day newspaper said yesterday. Under the plan, fees paid by financial institutions to the FIDF in return for the
        AFP  -  82 words
      • 54 10 Bloomberg [NEW DELHI] Infosys Technologies of India will employ 250 people at a software development centre in Melbourne following a As7s million (5586.3 million) order from Telstra Corp. Infosys had announced plans to set up a software centre in Melbourne in September last year
        Bloomberg  -  54 words
    • 295 10 Singapore airport operator says if s open to opportunity Bloomberg [NEW DELHI] India will seek private investment in the nation's two biggest airports in Mumbai and Delhi after the government approved a plan to upgrade facilities and boost air traffic. Local and foreign companies
      Bloomberg  -  295 words
    • 375 10 Reuters [TAIPEI] The media chase her wherever she goes, people clamour for her autograph and young girls imitate her hair style. She is not a movie star, but Diana Chen has quickly become the sweetheart of Taiwan's banking industry. The 33-year-old Ms Chen was
      Reuters; REUTERS  -  375 words
    • 521 10  -  Bat Sara outbreak, Iraq war had an adverse impact on private investment flows From\ Diana Oon Abdullah in Kuala Lumpur EXPORTS of petroleum and liquefied natural gas (LNG) provided Malaysia with a much-needed economic boost this year, as private investment failed to recover
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  • 2323 10 Transaction date:Sep 12 KUALA LUMPUR J* Vol G*ntmg 15 70 0 30 451 KM w- rant George Kent 0.S0 unch 21 Gtabetronxs Tcdt S.55 010 394 A M Realty .0.94 -0.01 18 Glomaclhd228 unch 8S0 Abnc 0M -001 272 Gold Bndge Engrg -.AM -04)1 208 ACPtoduHnes 310 unth 15
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  • Page 10 Advertisements
    • 313 10 Be part of the Singapore Elite J. mutim JW Corporations SMif r wa g s™gr ttm i fl SINGAPORE 1000 JL a Singapore sme soo Ranking Awards Recognizing Singapore's Largest Corporations Small and Medium Enterprises (SMEs) based on annual audited financial Ranking Period: 1 April 2002 to 31 March 2003
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  • news region/world
    • 537 11 Trade row with Beijing becoming testy domestic issue a year ahead of US elections AFP Bloomberg [WASHINGTON] China's lucrative access to US consumers could spark a public backlash unless it returns the favour by prising open more of its markets
      AFP; Bloomberg; REUTERS  -  537 words
    • 144 11 Reuters [BEIJING] China's trade surplus, a key plank in US criticism of the yuan currency's peg to the ailing US dollar, is likely to plunge by nearly two-thirds this year to just over US$lO billion, the official Xinhua news agency reported. "China's trade surplus
      Reuters  -  144 words
    • 399 11  -  Move signals fears that rising rates could abort recovery From Anthony Rowley in Tokyo IN a sign of official concern over recent sharp rises in interest rates, the Bank of Japan's Policy Board decided yesterday to study extending the maturities of Japanese government bonds
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    • 370 11 Bloomberg HEWLETT-PACKARD Co, the world's biggest computer printer maker, won the first trial of almost three dozen lawsuits charging it had duped consumers by selling them new printers with cartridges that were only half-full of ink. A jury at a state court
      Bloomberg  -  370 words
  • 5130 11 Transaction date: Sep 12 HONGKONG vol hkrmi 22s ox 9087 Sep 11 HKS 000 Hong Kong Electric... 30 90 0 10 5646 Hongkong Chinese 0.93 0.02 1340 Alpha General .028 unch 0 Hongkong Chinese Ltd 0.93 0.02 1340 Ananda Wing On 0.01 unch 0 Hopewell Holdings 9 65
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  • news world
    • 602 12 Bloomberg Reuters [CANCUN, Mexico] Developing nations have rejected calls by the rich countries to start talks on rules guaranteeing investor access to foreign markets. "We are determined that negotiations cannot be launched here," Rafidah Aziz, Malaysia's trade minister, told reporters. "We don't need
      Bloomberg; Reuters; AFP  -  602 words
    • 642 12 These problems will set the agenda for next week's meetings in Dubai AP [WASHINGTON] A fast-ris-ing mountain of public debt in Latin America and Asia and extremely weak economic growth in the Middle East are problems that threaten future global growth and political
      AP  -  642 words
    • 756 12 LAT-WP [WASHINGTON] As Securities and Exchange Commission chairman William Donaldson was leaving the National Press Club after a speech this week, a reporter asked if his criticism of the pay package of New York Stock Exchange chairman Richard Grasso was "personal". "Absolutely
      LAT-WP; BLOOMBERG, AP  -  756 words
    • inbrief
      • 96 12 Reuters [NEW YORK] Oracle Corp, the world's second-larg-est software company yesterday posted a 28 per cent jump in quarterly profit on a small rise in revenue as a hoped-for rebound in new licence sales failed to take hold. Oracle shares fell 5.6 per cent
        Reuters  -  96 words
      • 76 12 Bloomberg [LONDON] HSBC Holdings pic, the world's secondlargest bank by market value, will reorganise its global equities division, focusing on capital raising and cutting back its business of trading shares for commission. HSBC will merge its global equities business with its global markets division, which
        Bloomberg  -  76 words
      • 70 12 NYT [LONDON] The HSBC Group's planned expansion into Poland received an endorsement on Thursday as Polish banking authorities approved its proposed acquisition of the consumer lender Polski Kredyt Bank. HSBC plans to buy Polski Kredyt, which is based in Warsaw, for about 31
        NYT  -  70 words
      • 76 12 Bloomberg [AMSTERDAM] Royal Philips Electronics NV, Europe's largest consumer-electronics maker, raised its third-quarter sales outlook for its semiconductor business and said it still expects the unit to be profitable in the fourth quarter. The company, Europe's third-largest chipmaker, expects third-quarter chip sales in dollar
        Bloomberg  -  76 words
      • 123 12 AP [SEOUL] Asian countries took in more than 50 per cent of South Korea's total exports this year thanks to a surge in shipments to China and a doubling of semiconductor sales, a report said yesterday. Goods worth U5557.29 billion were exported
        AP  -  123 words
      • 112 12 AP [PARIS] Airline companies Air France and KLM Royal Dutch Airlines will officially announce their long-discussed merger next Thursday, French financial newspaper L'Agefi reported yesterday. The boards of both companies are scheduled to meet on Sept 17 to approve the operation, where Air
        AP  -  112 words
      • 90 12 Reuters [TOKYO] Japan's Ministry of Finance (MOF) said yesterday it wanted to start issuing government bonds (JGBs) whose returns are linked to consumer prices, starting with 100 billion yen (Ssl.s billion) some time between January and March. The bonds, whose principal would be linked to
        Reuters  -  90 words
      • 119 12 AP [TOKYO] The Tokyo metropolitan government has agreed to return 200 billion yen (Ss3 billion) in taxes it collected from banks under a controversial scheme to boost revenue, Kyodo News said yesterday. Nearly two dozen banks sued the Tokyo government in 2000 after
        AP  -  119 words
    • 645 12 Reuters [NEW YORK] The goal is still to make a profit and provide shareholder value, but 21st century companies are also listening more to the social, health and environmental concerns of their customers. Stung by lawsuits, protests, boycotts or just plain
      Reuters  -  645 words

  • style motoring
    • 1095 13  -  The 60th Frankfurt Motor Show kicked off this week with a slew of new models. SAMUEL EE gets an eyeful of the sharpest SAMUEL EE TWO Teutonic models on opposite ends of the class spectrum stole the show in Frankfurt this week even as a rash
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    • 635 13  -  Assembled with F1 technology, the new SLR is a faster and lighter classic, says SAMUEL EE SAMUEL EE SLR the three letters which stand for sport, light and racing were revived by Mercedes-Benz earlier this week. The 2004 Mercedes-Benz SLR McLaren is inspired by the original
      635 words
    • 620 13  -  By Samuel Ee IN a world of fives and sixes, Mercedes-Benz has upped the ante and developed the world's first seven-speed automatic gearbox. The 7G-Tronic is a natural progression from Mercedes* current fivespeed auto transmission and provides two additional forward gears for improved acceleration
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  • style sports
    • 922 14  -  Golden Boy of boxing looks set to win a fat purse tomorrow, says WALTON MORAIS WALTON MORAIS He has raised almost half a billion dollars in revenues from his fights, is said to be worth more than US$lOO million, and has a Grammy
      REUTERS  -  922 words
    • 615 14  -  frankly speaking ronnie lim WHILE the acrid smell of burnt rubber and high-octane fumes are integral to Formula One, the latest stink over a few millimetres of tyre tread isn't. Fortunately, common sense seems to have prevailed, as the controversy had it been
      615 words
  • 800 14 Transaction date: Sep 12 TURNOVER COCO) VAUJC CMO) rnitm Twm m*» T-d IM»md H.oca SS.002 24.939 Km M4nuf«cturg 10BJ 10&092 B88.4M <XU< 40. Ml 477.484 Om«t» 108.179 16. JM 1JVH7 ***** VYK 46.M5 TeOTlorfCom 9S.J15 7JJ4 10X649 91,275 MM 9*247 "MW HW KSM 121,981 IAH1 Canwurtion 7U31 2'.Hi 42.782
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  • 660 14 BONDS WARRANTS Tol Last Vol Com Eior TSsc Tot Last Vol Com Eur 'oiw Goor 'Sths c—» >* *«r- ffHI W loft Co* Ciamt Solo ♦or- fWW OHo Ma I— loll 3698 ASTIVW***** 15 1 ,70 1 16 11 1*7 9 99 05 5257 1 10 B 3697 Acma ltd
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  • style health
    • 762 15  -  Positivism, rather than pills, is the key to staying younger and living longer. Age, after all, is a state of mind, writes RONALD KRANIZ RONALD KRANTZ HERE might be a clam■Bsfeour among drug companies out there now to sell you the Holy Grail of a Longer, Healthier
      FILE PHOTO  -  762 words
    • 652 15  -  Alzheimer's is not the only form of dementia that can afflict the elderly. CHEAH UI-HOON finds out more about vascular dementia CHEAH UI-HOON YOUR parents or other elders in your family occasionally forget where they left their personal belongings, or forget appointments and have the occasional
      652 words
  • 7111 15 Transaction date: Sep 12 for live prices, log on to wum\asiaoiiemarketsxx)m S2-Wh TH Last Vol Day Last Quote GrfN» M» GrYW Net MCap Low Code Coiwp W| Sale *1- COM) High Low Bxyr Sofcr Cvr m Saw 5300 ABNAmroNLG 56c 9 12.5 3 4 138.8 19.5 0.1 1500
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  • style shopping
    • Article, Illustration
      796 16  -  Fashion designer Allan Chai and partner launch a new line of accessories and homeware in the haute bohemian style, writes CHEAH UI-HOON CHEAH UI-HOON AUNCHING new projects isn't something that people in their early 50s usually do. But for fashion designer Allan Chai, 52, age is not an
      796 words
    • 396 16  -  Luxury tableware brands like Rosenthal, Versace and Villeroy Boche have found a new exclusive distributor: Da Vinci Presentation. CORINNE KERK reports CORINNE KERK YOU'VE seen these brands before and you're used to buying them at Waterford Wedgwood's boutique. But now, designer tableware brands like Rosenthal, Bvlgari, Versace. Thomas
      396 words
    • in store
      • Article, Illustration
        73 16 Ikea that permanently crowded store will be even more congested this week. Not only is it the school holidays. the Swedish furniture giant has just introduced a new range of children's "unlimited play furniture" which we must admit look like a lot of fun. Adults can also check
        73 words
      • Article, Illustration
        69 16 Women golfers now have another golfing apparel brand to choose from London's AIDA.T. The brand is banking on a fun and trendy approach to golfing attire to draw lady players. Priced from $60 to just over $100, the range of tops, skirts, pants and gasp shorts, are
        69 words
      • 104 16 No one likes being caught in the rain, but if you sell a handshower that promises a rain-like experience, people will want to buy it. And so, Raindance, the latest shower range from Germany's award-winning Hansgrohe, offers cascading water "like a generous spray of rain" to wash away
        104 words
      • 105 16  -  Compiled by CORINNE KERK Make-up has never been as fun and we're not even talking about the colours yet. Major cosmetic houses are putting their products in increasingly interesting packaging, adding to the joy of buying and using the stuff. Prescriptives' Mosaic Allover Face Powder ($42). for
        105 words

  • style pursuits/wine&dine
    • 1703 17 Going out or staying in this weekend? We round up some recommendations books High society stragglers Not witty enough, nor bitchy enough, and certainly not intriguing enough for a book on this subject. Candace Bushnell's latest book, Trading Up. is true to its book title. It basically trades on
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  • Page 17 Advertisements
    • 764 17 wine&dine with weekendßT A+WINE Pto Lid Qrnd Plan Paricroyal Hitil Hwr Otanl tlufprni Plaza Parioayal Hitachi Tower, UOl-17. Tel/fax: 6532 3397 10Coleman Street Tel: *****543 177 A River Valley Rd. Tel: 6433 8790 750QA Beach Road, Tel: *****005 Enjoy a selection of international wines with new A la carte buffet
      764 words

  • style food
    • 1011 18  -  Chan Shu Kit, feisty founder of the acclaimed Lei Garden chain, shares his cut-to-the-chase philosophies with CHEAH UI-HOON CHEAH UI-HOON CHAN Shu Kit is no easy taskmaster to work under. Founder and chairman of the Lei Garden poup of restaurants, the 68-year-old (70, according to him,
      1,011 words
    • 721 18 IN the 1980s, Lei Garden chefs concocted new dishes every month. Then it became every week, in the *****. Now, new creations are rolled out every day. And the restaurant chain's founder and chairman Chan Shu Kit makes a point to taste, develop
      721 words
    • 1145 18 Loiseau's widow makes sure Burgundy restaurant stays true to its 3 Michelin stars NYT [SAULIEU, France] For customers arriving at La Cote d'Or, one of the high temples of gastronomy in Burgundy, nothing seems to have changed. The stucco facade
      NYT  -  1,145 words
  • Page 18 Miscellaneous
    • 245 18 CRYPTIC CROSSWORD 1 Thoroughly acquainted with 2 I enter two records before what poet wrote on day one mid-January with energy at 5 Two deserters back in 3 Look over row, it is more re- f j j j j I I I i I 9 Vast grotesque carriage in
      245 words