The Business Times, 11 October 2003

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Total Pages: 18
1 18 The Business Times
  • 20 1 85c MITA (P) 024/03/2003 THE BUSINESS TIMES weekend S I N G A P O rfo7 E OCTOBER 11-12, 2003
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  • 1136 1  -  EXCLUSIVE Family businesses are their own worst enemies. To survive, they must establish checks and balances in three crucial areas of governance By Vikram Khanna [SINGAPORE] You've heard the old cliche: "The first generation makes the fortune, the second generation consolidates it,
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  • 839 1  -  Sim Wong Hoo, Olivia Lum lead with gains of $246m By Kenneth Lim [SINGAPORE] The Singapore stock market's recent bull run has boosted by about $440 million the value of stakes by seven self-made newly-rich individuals and their families in
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  • 689 1 Plot seen fetching at least $130 m, including DC [SINGAPORE] Singapore Press Holdings is putting its First major property on the market the landmark Times House site at the corner of Kim Seng and River Valley roads. Inclusive of a
    689 words
  • 748 1  -  Weak services sector growth surprises analysts By Vikram Khanna [SINGAPORE] Analysts yesterday noted that the upturn has begun, but expressed disappointment at the sluggish pace of economic growth in the third quarter. However, they remained sanguine that Singapore's economic recovery was on track and
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  • news front
    • 461 2  -  But retailer may return after mall's $100m renovation stretching over two years By Kalpana Rashiwala [SINGAPORE] Retailer Metro is planning to close its lossmaking store at Marina Square as the mall's landlord is embarking on a major revamp of the 16-year-old mall costing about
      461 words
    • 644 2  -  Cut in stamp duty and property tax also expected From Jeff Wagner in Hong Kong SPECULATION is growing that the Hong Kong government will soon announce measures to boost the property market, including a resumption of land sales and
      644 words
    • 64 2 Growth uptick Gross domestic product at '95 market prices CHANGE OVER PREVIOUS CORRESPONDING PERJOO 3Q t2 4Q "02 2002 1QW 20*03 3Q TO* Overall QDP 3.8 3.0 22 1.7 -4.1 1jO Qood»i)foducing Induatriet: Manufacturing 15.5 9.9 8.3 5.9 -7.1 3L5 Construction -11.5 *11.9 -10.8 -13.6 -9.0 44 Services-Droduclna
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    • 722 2  - Young, successful —and in search of a dream saturday soapbox daniel buenas UNHAPPY that's how I feel as a young Singaporean. I feel this way not because I'm jobless, poor or uneducated. In fact, I have a good job, a stable income and a good education. By most standards, I
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  • Page 2 Advertisements
    • 87 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
      87 words

  • the raffles conversation
    • Article, Illustration
      2137 3  -  Esplanade CEO Benson Puah sits calmly if stoically at the centre of controversy while public debate continues to swirl around the value of the megabucks arts centre. He tells JAIME EE how and why he keeps the faith JAIME EE Benson Puah's got a nice chair. One of
      ARTHUR LEE  -  2,137 words
  • Page 3 Advertisements
    • 69 3 f The Raffles Conversation is brought to you through a 1 "V special arrangement with Raffles International Hotels and I I I Resorts. The Traveller's Palm in the Raffles International 1 I 1 logo is an apt symbol. Not only has water stored at the base INTERNATIONAL of this palm
      69 words

  • companies
    • 362 4  -  But S'pore-based no-frills carrier still under evaluation By Chuang Peck Ming SINGAPORE Airlines has dropped plans to set up a budget airline in the northern Thai city of Chiang Mai because it would be too expensive. "The project will demand considerable re- sources
      362 words
    • 1326 4  -  corporate analysis There is speculation it is embarking on a regional banking plan, reports SIOW LI SEN SIOW LI SEN WHEN Jackson Tai turned down the chance for DBS Group Holdings to bid for Indonesia's Bank Danamon, one wonders if he knew at that
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    • 379 4  -  By Siow Li Sen EDWIN Khoo the consumer man will on Monday take on an additional portfolio at DBS enterprise banking using his experience of working with small auto dealers and developers to help develop the bank's business in this segment. Mr Khoo,
      FILE PHOTO  -  379 words
    • 500 4  -  market review r sivanithy PLAYING "catch-up" was the main trading theme this week, but the consequences were very different for blue chips and small caps. The former continued the upward march that began last week, while the latter continued to tread water despite
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    • 72 4 STI 1,746.04 (+7.92) ST INDEX FUTURES 1,760.00 (+10.00) SIMSCI FUTURES 217.60 (-0.10) Friday Change KLSECOMP 790.66 +11.25 NIKKEI 225 10.786.04 +254.60 HANG SENG 11.935.83 135.46 SET INDEX ***** +852 JAKARTA COMP .644.82 +8.59 MANILA COMP .1,***** +41.54 TAIPEI WP1 Hosed SEOUL COMP 757.89 +21.73 SHENZHEN B 254.54 +9J AL'ST
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    • 74 4 RNKX RATES ut$ IIS$ (SS prr ISS) 1.727 WSS/8S per 1662 1871 EUROflTS/SS E). 1.17* 2.026 YEN 108.7 6190 RM 3.800 1201 HKS 7.728 4.475 RAHT 3921 22.70 RTP1AH 8J77 4.851 RENMINBI 8199 4.806 INDIAN RUPEE 4639 2618 AS 1452 0.841 NZS 1671 0.96* PRIME RATES SINGAPORE* 515 MALAYSIA
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    • 548 5  -  Turnover slips 0.6%; proposed 80-cent dividend makes it $1.30 for year By R Sivanithy MEDIA group Singapore Press Holdings yesterday announced a 23 per cent rise in net earnings for the year ended Aug 31 to $378.7 million thanks mainly to
      WONG HWAI CHOW/ST  -  548 words
    • corporateroundup
      • 86 5 HONG Leong Asia Ltd (HLA) said Lydale, a wholly-owned subsidiary, has made a profit of about $48.2 million after selling 1.85 million shares it owns in China Yuchai International Limited (CYI). CYI, a unit controlled by HLA, is the leading diesel engine maker in China
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      • 80 5 IPCO International yesterday said it has appointed its executive director Quah Su-Ling as chief executive officer with immediate effect. Ms Quah. 39, a former freelance journalist and public relations consultant, was appointed a director of Ipco on June 6. In mid-2001, Ms Quah made the
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      • 153 5 Reuters CAPITAMALL Trust (CMT), Singapore's first Real Estate Investment Trust (Reit), said yesterday a rise in its unit share price this year and lower yields made it easier to add shopping malls to its portfolio. Capita Mall Trust sold units to the public at $0.98 late
        Reuters  -  153 words
      • 67 5 NERA Telecommunications Ltd has established two new wholly-owned subsidiaries, Nera Telecommunications (India) Pvt Ltd (NTI) and Nera Telecommunications (Australia) Pty Ltd (NTA). The paid-up share capitals of NTI and NTA are 15 million rupees (*****,000) and A 5500,000 (*****,350) respectively. The investments in both
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      • 100 5 GP Batteries International Limited has signed two subscription agreements with DBS Bank Ltd and The Hongkong and Shanghai Banking Corporation Limited, appointing them as the joint lead managers for the issue of the second Series US$3O million floating rate notes due 2006 and the third Series Ssss million
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      • 64 5 QAF, which makes Gardenia bread, said Andree Halim has been appointed vice-chairman and non-ex-ecutive director from today. Mr Halim recently acquired a total of 55.02 per cent of its issued share capital from Qualif Pte Ltd and Didi Dawis and from the mandatory unconditional takeover offer
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      • 67 5 Reuters SINGAPORE Refining Co (SRC) chief executive officer and general manager William Hauschildt said yesterday that he had resigned to take a job with US oil giant ChevronTexaco. Mr Hauschildt, who held the top position at SRC since mid--2000, said the resignation was effective Nov 1, and
        Reuters  -  67 words
      • 83 5 Bloomberg STANDARD Chartered pic's currency* strategy team, led by Singaporebased Claudio Piron, was the best foreign-exchange forecaster in the third quarter, according to a Bloomberg News survey. The bank had an average margin of error of 1.77 per cent, the lowest of 56 companies trading in the
        Bloomberg  -  83 words
  • Page 4 Advertisements

  • Page 5 Advertisements
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    • 114 5 Call IoU-free 1800 289 8822 sOsp^con^^ CULINA PTE LTD (Incorporated in the Republic of Singapore) LOST Of SHARE CERTIFICATE Application has been made to the Directors of the abovenamed Company to issue duplicate share certificate which has been reported lost or destroyed. Certificate No. Name No. of shares of SSI
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  • money personal finance
    • 551 6  -  Compiled by QUAK HIANG WHAI Chartered, Oct tocMac $1.74 WITH TSMC and UMC's utilisation rate coming close to full (90-100 per cent), we expect some spillover orders to CSM. CSM is still operating below their breakeven utilisation rate of 75 per cent (currently 57 per cent), but we believe
      551 words
    • tradestowatch
      • 71 6 UOB-Kay Hian Holdings' chairman and managing director Wee Ee Chao on Oct 8 sold another 250,000 shares in the stockbroking group at 89.35 cents apiece. This brought to 3.5 million the number of shares he has sold since late August. His deemed stake has correspondingly
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      • 101 6 TYCOON Oei Hong Leong has bought another 70,000 shares in Jurong Engineering (JEL) at $2.10 apiece through his investment vehicle Chip Lian In- vestments. The latest purchase on Oct 9 raised his shareholding in the mainboardlisted engineering and construction group to 19.86 per cent
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      • 136 6 KOH Soe Khon, the executive chairman and managing director of precision machining and components maker Brilliant Manufacturing, has sold 12 million shares at 64.5 cents apiece to fi- nancial institutions. The $7.74 million married deal, which was handled by BNP Paribas Peregrine Securities Pte Ltd, was
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      • 62 6 SAM Chong Keen, an independent director of international tyre and wheel distributor Stamford Tyres, has sold 200,000 shares at $1,422 apiece in the open market. He continues to hold 50,000 shares in the firm. Shares of mainboard-listed Stamford Tyres, which were trading at just 39 cents
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      • 106 6  -  Compiled by SERENA NG HAN Yew Kwang, a director of Singapore Technologies Engineering, sold all his 100,000 shares in the defence technology group on Oct 8 and Oct 9 at prices ranging from $1.95 to $1.99. An earlier filing showed that Mr Han had on
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    • 766 6 Profitability and earnings quality are better, so a disciplined strategy can pay dividends WITH the revival of Asian equity markets, we are beginning to see growth in the demand for funds that cut across multiple and diversified sectors in the Asia-Pa-cific region. The
      AFP  -  766 words
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  • 5 6 Transaction date: Oct 10
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  • money personal investment
    • 941 7  - Covering the major risks —in the least costly way By Genevieve Cua IN an ideal world, we should all be rich. Even if we were not, we should insure for all our financial risks. For most of us, the first proposition remains a goal to strive for. As for the
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    • 1756 7  -  show me the money Linking various factors like price-to-book, earnings growth and ROE helps you arrive at a useful model Teh hooi ling THE relationship between price and book value has always attracted the attention of investors. Stocks selling for well below
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  • Page 7 Advertisements
    • 38 7 Brought to you by: BDBS jpjP| *BgS Two nights: I'SS 199+ in*. liim\r <>t hre.ikl.ist flft *1| Additional night ISS99++ inclusive <>! one sp.i treatment per person ■H m I Ins <>)(*•! is x.ilul unlil Itoniiln i Jimi< Ki-scr\.iimns I*l <»<»
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  • news at home
    • 379 8  -  75% off 243 companies polled are yet to introduce the NWC recommendation By Chuang Peck Ming EMPLOYERS are still dragging their feet on wage reform, especially in building a monthly variable component (MVC) into their salary structure, according to a recent poll by Watson Wyatt.
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    • 178 8  -  By Kalpana Rashiwala THE Cathay Building redevelopment will cost more than $200 million, according to sources. The entire development, comprising a retail podium and some 80 apartments (all for lease), will have about 369,055 sq ft gross floor area. This works out to 4.62
      178 words
    • 325 9  -  Company will spend $300,000 on security initiatives here this year By Raju Chellam SOFTWARE giant Microsoft Corp, which faces increasing flak for security holes in its software, has unveiled a range of initiatives in Singapore to help corporate customers and consumers secure their software against
      325 words
    • 260 9  -  GLCs account for 63%; figure seen to cross $1b this year By Andrea Tan EVEN as Singapore's construction industry shrank last year, the city state's contractors managed to clinch $805 million worth of contracts overseas last year, up from $787 million in 2001. According to the
      260 words
    • 1169 10  -  S$ may still strengthen vs weak US$ but will lag stronger Asian currencies: traders By Larry Wee THE Monetary Authority of Singapore left its neutral policy stance for the Singapore dollar's external value unchanged in its latest semi-annual monetary policy statement yesterday as
      Source: JP Morgan  -  1,169 words
    • 208 10  -  By Kenneth Lim SINGAPORE'S bid to become an international media hub got a boost from Down Under yesterday when an Australian company said it would set up a production base here. Australian Stock Ex-change-listed Southern Star, a film and television production
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    • 165 10 AFP LEADING US software firm Veritas Software said yesterday it will set up its regional headquarters in Singapore to pursue expansion goals across the Asia-Pacific region. Veritas, one of the world's 10 biggest software firms, said it had grown its operations in the region
      AFP  -  165 words
    • 486 10  -  But WEF poll shows Asians in capitalist states are less keen By Chuang Peck Ming PEOPLE in communist or ex-communist states appear to be more excited about globalisation than those in capitalist countries, at least in Asia. A recent poll shows more than half of
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    • 186 10 It will invest 1b yen to boost production off cocoa butter equivalent FUJI Oil Co Ltd yesterday said it plans to invest about 1 billion yen (5515.9 million) to expand its manufacturing facility at Senoko Road. This will go towards increasing the capacity of
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  • Page 8 Advertisements
    • 2575 8 Wm m A NNOUNCEMENT OF AUDITED ES U ITS FOR THE YEAR CHRB ED AUGUST «-1 ItlliTl 1(a) Results 1(b)(ii) Group Borrowings (confd) I(dXi) Statements of Changes in Shareholders' Equity for the Year ended August 31 (confd) 5. Business Segments/Review of Re: Group Company Amount repayable after one year t
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  • Page 9 Advertisements
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  • news region
    • 885 11  -  news analysis His advisers hope to counter charges of unilateralism and protectionism, says LEON HADAR in Washington LEON HADAR US President George W Bush's political and foreign policy advisers are hoping that his Asia tour next week, including his attendance
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    • 646 11 A real and sustainable recovery would help pull the territory out of the economic doldrums it has been in since 1997 Reuters [HONG KONG] It may be the panoramic sea views, the plush showflats or the seductive TV ads that
      Reuters; REUTERS  -  646 words
    • inbrief
      • 112 11 [HONG KONG/SHANGHAI] China has stalled the expansion of a scheme to attract foreign investment funds into its domestic capital markets because of concerns about its use by investment banks for currency speculation, the Financial Times reported yesterday. The central government significantly restricted the amounts
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      • 100 11 AP [KUALA LUMPUR] Spurred by domestic demand for manufactured goods, Malaysia's industrial output rose 6.7 per cent in August compared to the same month last year, the government said yesterday. The Department of Statistics said all three sectors measured by its industrial output
        AP  -  100 words
      • 65 11 Reuters [HONG KONG] American International Group, the world's most valuable insurer, said on Thursday it will take a 9.9 per cent stake in China's PICC Property and Casualty Co to capitalise on the country's insurance boom. The deal comes ahead of a planned
        Reuters  -  65 words
      • 88 11 AFP [BANGKOK] Thai Prime Minister Thaksin Shinawatra yesterday ruled out intervening in the financial markets to halt the baht's rally against the US dollar and said the business community must adjust accordingly. "Market intervention is unnatural and dangerous to a country's financial markets so
        AFP  -  88 words
      • 78 11 (HONG KONG] Qantas Airways will launch a transpacific cargo service through Shanghai this month, as it takes advantage of the latest in a series of experiments that give foreign carriers access to major cities in China, the South China Morning Post reported yesterday. The
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    • 411 11 New players inviting trouble, warns top mortgage firm HDFC [MUMBAI] India's biggest mortgage company has warned of "dangerous lending practices" creeping into an overheated home loans market that is growing by as much as a third each year. The Financial
      411 words
    • 220 11 Reuters [BEIJING] China must reform its system for giving tax breaks to exporters, a practice that has put pressure on swelling government spending and created economic imbalances, premier Wen Jiabao said yesterday. Although some economists say that a cut in the export
      Reuters  -  220 words
  • Article, Illustration
    615 11 Transaction date: Oct 10 CURREWCT RATES Against S$ Attest USS Against S$ Against US$ Currencies Bid Offer Bid Offer Currencies BW Offer Bid Offer stiss to too SSI SS to one unit of trrrign currency: units of foreign Australian dollar UNT ***** 0.6885 0.6890 22.34 22J5 12-9374 12.9410 Canadian
    615 words

  • news world
    • 524 12 Currency market reacts by sending yen to three-year highs around 108.65 to the US dollar Reuters [TOKYO] Investors betting on a Japanese economic rebound got a boost yesterday when authorities unexpectedly eased its ultra-loose monetary policy. The Bank of Japan said it will pump
      Reuters; REUTERS  -  524 words
    • 284 12 Bloomberg [NEW YORK] The New York Stock Exchange said it owes its top 23 executives at least US$ll5 million in deferred compensation, including about US$22 million each to co-presidents Robert Britz and Catherine Kinney, the top deputies of ousted chairman Richard Grasso. The paycheques reflect
      Bloomberg  -  284 words
    • 545 12 Business confidence continued to improve in Q3: poll Bloomberg, Reuters [NEW YORK] The pace of US economic growth will slow in the current quarter as consumer spending cools, a private survey of economists said. A burst of consumer spending fuelled by lower
      Bloomberg,; Reuters  -  545 words
    • 361 12 LATEST US INDICATORS Reuters [WASHINGTON] US wholesale prices rose at a surprisingly strong pace last month due to a sharp advance in food costs, while the trade deficit narrowed unexpectedly in August, government reports showed yesterday. The Producer Price Index, which measures prices
      Reuters  -  361 words
  • 6 12 Transaction date: Oct 10
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  • style motoring
    • Article, Illustration
      700 13  -  The Renault Megane Sedan provides a lot more room than you might expect in a compact says SAMUEL EE SAMUEL EE THE only luxury that matters in Singapore is space, an architect friend once lamented. He was, of course, talking about houses but he could easily have been
      700 words
    • 580 13  -  By Samuel Ee ROLLS-Royce will deliver the Phantom to its first customer in Singapore this month. Production delays mean the arrival here of the ultraluxury limousine from its Goodwood, England, factory comes about six months later than was initially expected. The car's design is
      SAMUEL EE  -  580 words
  • 49 13 UNIT TRUSTS FUNDS IMBBe M prion art Mhattv* anpt lor E* fcnggft Ma knd) DnnnMM; I Nanowty Found; t lowar Ut» Low «o Madhan RWq Madhan «0 High Mc Mghar Nrtc opan-andai •afor* tubdhnuon of urwß. Attar •übdhnpon erf unite allv nodi «*t: NA-Non OaaMng Day; 9# Hoor M«SSO.tIS
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  • style sports
    • 678 14  -  frankly speaking ronnie Lim WHILE an earlier anticipated dash-to-the-finish for thfe Formula One driver's crown has all but fizzled out, this weekend's season finale in Suzuka still promises to be a thriller, as like all the races earlier this year have shown it
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    • 660 14  -  By Ven Sreenivasan MOST weekend golfers work out small wagers with their golfing buddies before teeing off. These are normally variations on the stroke-play format, with everyone "anchoring" off the stronger players for extra (or handicap) strokes. This evens out the odds.
      660 words
    • 414 14 Argentina beaten 24-8 in lacklustre performance Reuters [SYDNEY] Australia cleared the initial hurdle in their quest to become the first country to suc9essfully defend the Webb Ellis Cup with a 24-8 win over Argentina in the World Cup opener yesterday. The Wallabies failed to reproduce the
      Reuters; AP  -  414 words
  • 722 14 Transaction date: Oct 10 fWMOVBt CMC) VALUE CMC} ijgi MMMMd JVM17 11,64? «JU «VJ01 ■IWMMIQ QUK7 lAHO M&.0C7 «KDT7 32.480 QUf Camm iiun 2i.M 'W.ai «1JM sm »tjj< T(Mt*acKan ItUOt 1*35 23X01 II7JD3 SJ23 MCUX Hnra AM RW IH«3 <M4K ONCMttn 704M AM IJtlU U» UU ***** *■«■<>■ hmi
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  • 39 14 BONDS WARRANTS IHI tlrt fc T. CvrrMKY Im IWntX MNiil wit—t mm tar Mmm triiil la lin» H—9. tmdM prttw ■»—»>■« *—w emrmer m trtmrnt tliimu tlm —>» ifcww. C ConvwtlM* Itw (tack*, ton** m 4 Um.««mrtl»H I— Wcto. toll m»
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  • 192 14 U-Wk T4 UN Val Day LMQwH GrOt» M> GrtM MM MCaa *fl> L— Ca4» C—pi> tala w- COM) I— tmr«r Sdhr Cm HI 17J 13 600C AVJcnranm A2Sc AIM «6 SOS 172 166 167 168 40 8.8 6 6.4 3616 6001 CathayPac20c HIC720 265 2.1 7A 6 *****2
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  • style health
    • 782 15  -  Some 75 per cent of the world's hepatitis B carriers are Asian, and the disease is 100 times more infectious than HIV. So watch what you eat drink and do when you're on that business trip. CHEAH UI-HOON reports CHEAH UI-HOON A4O-something businessman travels to China often for
      AFP  -  782 words
    • 589 15  -  myhealth A busy corporate lifestyle does not mean physical fitness should suffer, as CHEAH UI-HOON finds out CHEAH UI-HOON TEO Ser Luck used to be quite active in sports in school swimming, soccer, and water polo, for example. But once he started working, physical activity went
      589 words
  • 13 15 Transaction date: Oct 10 for live prices, log on to umm\asiaonemarketsxxmi
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  • styte shopping
    • 690 16  -  Hydromassage jets? Check. Steam bath? Check. In-house spa pool for a party of 12? Check. CORINNE KERK finds a dream home spa at Espacio CORINNE KERK OKAY, I really like this one. A steam cabin complete with 360-degree shower outlets, hydromassage jets, a Scottish
      690 words
    • Article, Illustration
      700 16  -  Luxury office chair designer Herman Miller has come up with a breakthrough almost 10 years on after the revolutionary Aeron: the Mirra. CHEAH UI-HOON reports CHEAH UI-HOON IT isn't easy to follow the Aeron act. But renowned furniture design company Herman Miller sure hopes that its newest dfesign
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    • instore
      • 167 16 Golfers whose hearts ache when their clubs knock against each other in their golf bags may want to check out Wilson's new Python Golf Bag. Available from the middle of this month at Golf House, the bag features the new Diamond 14-Club Divider a patented diamond-shaped
        167 words
      • Article, Illustration
        53 16 When is gold not too formal? When it's a pair of slip-ons. Tactfully designed and hand-made by Loriblu of Italy, the glitter looks more domiciled than dominating. The slippers come with a full leather body, adorned with crystals and brass and a 4cm heel. Available at $395.90 at
        53 words
      • Article, Illustration
        65 16 For the woman on-the-go, YSL has put together a limited edition make-up palette combining the best Asian colours for the eyes, eyelashes, lips, face and cheeks. The practical palette comes in a sleek black case with a wide mirror and holds the full range of make-up essentials in
        65 words
      • 66 16 They say that first impressions last. So if you need to impress your visitors, one of the first fixtures to upgrade in the office are visitors' chairs. Leather seats bid a pleasant welcome and project a certain class, like this SE96 Classis leather chair from Italy.
        66 words
      • Article, Illustration
        64 16 One of the most understated men's fashion accessories is the belt. But it doesn't have to be so, with these Raoul belts, from Greece. From their Fall/Winter collection comes a range of business and casual leather belts. Belt buckles stand out either in gun metal or matted silver
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      • 164 16  -  Compiled by MIKE CHUA,CORINNE KERK MHMa Walk Et Cetera's October promotion: spend $120 in a single receipt and get a 20 per cent discount off the next purchase. Applicable for nett priced items and on same-day purchase only. Moshi Moshi Accessories: Shop for a cause. Purchase a Moshi Moshi
        164 words

  • style pursuits/wine&dine
    • Article, Illustration
      756 17  -  Businessman Kwee Swie Teng starts a public museum for private art collections, starting with his own. CHEAH UI-HOON reports CHEAH UI-HOON THE first time businessman Kwee Swie Tespjbpught paintings some 15 years ago, he acquired Six at one go works by Lee Mot rong, Strasser, Le Mayeur,
      CHRIS LOH  -  756 words
    • 1055 17 Going out or staying in this weekend? We round up some recommendations books Plenty of style, no substance Imagine a world where you can have an insufferable year at work, quit and write a book about it that soars up the NYT best sellers, making you a lot of
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  • Page 17 Advertisements
    • 681 17 n j llUfcli "SLiW I £HH| wine&dine with weekendßT r j > i VP W VM —I «Aill Tampines Mall #0441; West Mall I*o3-03; #03-18 Suntec City. Tel: *****010 fatfX 333 Orchard Road. Tel: *****411 Level 2, Raffles The Plaza, 2 Stamford Road. IMM Building #01-21 Get hooked on a
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  • style food
    • 986 18  -  Aria's Matthew Moran and Gotham Bar and Grill's Alfred Portale are the latest in star chefs to create brand-name inflight menus for Singapore Airlines. GEOFFREY EU reports GEOFFREY EU ATTHEW Moran JHHLaiid Alfred Portale are well-travelled B KWm chefs whose respecI fBSfIK? llg tive restaurants
      PHOTOS BY CHRIS LOH  -  986 words
    • 851 18  -  The venerable Mrs Lee's cookbook gets a update by her foodie granddaughter By Geoffrey Eu WITHIN the relatively sparse confines of Singapore culinary literature, only a handful of indigenous cookbooks are considered must-keeps, revered above all others and referenced by successive generations of devoted chefs. Almost
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  • Page 18 Miscellaneous
    • 304 18 CRYPTIC CROSSWORD Aroncc 7 ,nstance about rotter at the alkuss waterfall (7) 1 Being ingenuous he 'eft OHe should be an expert pipwithout a suit (7) er (7) 9 Check-up presently made 7 i•) After church, Middle Eastemer can remove old vehi--10 lam with buddy Edwin who oj e (g)
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