The Business Times, 12 June 2004

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Total Pages: 20
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    16 1 MITA(P) 023/03/2004 85c THE BUSINESS TIMES weekend SINGAPORE JUNE 12-13. 2004 internet: r>ttp business-times asiaVcom sg
    16 words
  • Article, Illustration
    Lock icon Euro 2004 fever set to hit stocks
    757 1  -  EXCLUSIVE Liquidity is likely to dry up as soccer fans desert market, but companies like APB, Courts, SingTel, StarHub expected to reap windfall By Joyce Koh [SINGAPORE] Boys will be boys, and it seems most of them will choose soccer over stocks when
    Source: SGX  -  757 words
  • Article, Illustration
    Lock icon Life at the top makes you live longer, not shorter
    723 1  -  UK study draws conclusions that go against popular view From Neil Behrmann in London LIFE at the top lasts longer. And not for obvious reasons such as genetics, better healthcare, diet and wealth, but because of opportunity, social standing and
    Source: UN Developmant Programme  -  723 words
  • Article, Illustration
    Lock icon A Parkway hospital in Congo? Why not, says MD
    800 1  -  Developing countries excite healthcare group as it looks overseas By Andrea Tan [SINGAPORE] The Congo in Central Africa isn't exactly where one would expect to find Parkway Holdings, owner of five-star hospitals such as the Gleneagles. But its managing director Lim
    800 words
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  • news front
    • Article
      Lock icon Tourism worse off if S'pore decides against casino: don
      713 2  -  Any curbs on access could also put off operators, he says By Daniel Buenas [SINGAPORE] Singapore's tourism industry will be worse off if the government should decide against opening casinos here. And, if they are allowed, restricting access to certain social
      713 words
    • Article, Illustration
      Lock icon Urban voters reshaping Indonesian politics
      727 2  -  saturday soapbox Presidential front-runner Susilo looks like having done well courting their votes shoeb kagda FOR much of the past three years, Indonesia's economy has expanded on the back of runaway consumer spending. Economists estimate that almost a third of the country's 4.5 per cent
      727 words
    • Article, Illustration
      Lock icon SM brings S'pore aquarium venture full circle
      464 2  -  SGX-listed Straco plans to develop new marine park From Loh Hui Yin in Shanghai IT was a fitting climax to a Singapore-backed investment that began in 1997. In December that year as Asia was gripped by the financial crisis Senior Minister Lee Kuan
      LIANHE ZAOBAO  -  464 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      481 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T: +65 6535 3382 F:+6s 6535 3991 E: sjngapore@ocra.com.sg
      481 words
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  • the raffles conversation
    • Article, Illustration
      Lock icon Rich in wealth and spirit
      1478 3  -  You don't have to give up your Rolex to enjoy spiritual awareness, the yogi of wealth tells VIKRAM KHANNA VIKRAM KHANNA HE WEARS casual clothes, enjoys a good mutton briyani, drinks the occasional scotch and sports a Rolex. He has none of the trappings of
      CHRIS LOH  -  1,478 words
    • Article
      Lock icon The questions that started it all
      633 3 VIKAS Malkani's ultimate choice of career had little to do with his background and conditioning. Like many self-motivated people, he chose "to do something completely different". "I was born into a well-known business family in India. We were in the garment business," he says.
      633 words
    • Article
      Lock icon Gems from The Yoga of Wealth
      211 3 'Circumstances do not matter as much as how you perceive them. So your oumperception about your circumstances is more important than what the circumstances really are.' If you decide to go after a big enough goal, the hardship will surely come. It is totally
      211 words
  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      75 3 Terms visit www.swissotel.com ii/L#.<> j c &L a Cwifie tt iclnAcc A #|yf»nfn/ifi? ISS C) I I WW let®» W W *99 ®lf Ivw w Oto I S 8l ROSO T t S At Swissotel Hotels Resorts, our Swiss Business Executive Club rooms ore intelligenHy designed to meet your business
      75 words
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      Lock icon Page 3 Advertisements Column 2
      61 3 Raffles INTERNATIONAL Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles International Hotels and Resorts. The Traveller's Palm in the Raffles International logo is an apt symbol. Not only has water stored at the base of this palm provided sustenance, the leaves rest in
      61 words
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  • Article
    Lock icon KLSE
    2340 4 Transaction date:Jun 11 KUALA LUMPUR ST 3 50 Vo Genting 15.30 unch 1521 Ml room George Kent .0.80 unch 20 GlofaetronksTech .0.54 unch 580 ASM Realty 132 -0.03 3 gomacBhd 2.38 -0.01 473 Abric .0.62 -0.01 255 Gold Bridge Engrg .0.40 -0.01 55 ACP Industries 1.75 -0.03 38 Golden
    2,340 words
  • Article, Illustration
    Lock icon FINANCE
    599 4 Transaction date:,fun 11 MTBRBAMR CURREMCT RATES Against S$ Against USS Against S$ Aoainst US$ Currencies Bid Qfftr Bid Offer, Currencies 1M Offer BM Offer SSWSS to 100 StVSS to one unit at foreign currency: units of foreign Australian dollar Lt872 1.1887 0.692) 0.69*6 ?M 0J KA0 Canadian dollar 1.2583
    599 words
  • news companies
    • Article
      Lock icon Stats to take longer to complete ChipPAC purchase
      246 4 It is still awaiting regulatory approvals from the US SEC for its proxy statement Bloomberg ST Assembly Test Services (Stats), Singapore's biggest provider of chip-testing services, said it will take longer than expected to finish the purchase of US peer ChipPAC because
      Bloomberg  -  246 words
    • Article, Illustration
      Lock icon More Chinese firms seen flocking to list on SGX
      544 4  -  Prime candidates include technology firms and Sino-foreign joint ventures as demand for capital grows By Jean Chua MORE Chinese companies will head for the Singapore stock market to list their shares as the need for capital and better governance drives them
      544 words
    • Article
      Lock icon Regional projects boom lifts Tat Hong's profit
      388 4  -  Earnings up 74% on strong showing by Australia business By Taila Krishnakumar BUOYED by a boom in oil-and-gas and infrastructure projects in the region, crane and heavy equipment supplier Tat Hong Holdings lifted net profit 74 per cent to $13.9 million for the
      388 words
    • Article
      Lock icon MARKETS
      74 4 ST" 1,823J4 (-5.65) ST INDEX FUTURES 1*826.00 (-2.00) SIMSCI 222.25 (-1.10) SIMSCI FUTURES 222.80 (-1.00) Friday Change KLSE COMP 824,12 H1.4I NIKKEI 225 11,526.82 -49.15 HANG SENG *****,19 26.48 SET INDEX 613.13 *11.92 JAKARTA (X)MP 704.13 -172 MANILA COMP 1,518.00 15.73 TAIPEI WPI 5,735.07 132.44 SEOULCOMP 7515S 30.77 SHENZHEN
      74 words
    • Article
      Lock icon FINANCE
      72 4 FOREX RATES US$ S$ IS$ (SS perUSS) 1.716 £(US$/S$per£) 1.826 Ul ElROfUSS/SS/E). 1.199 2.058 YEN 110.1 64.20 KM 3.800 tl\% H K$ 7.797 4.544 BAHT 40.73 23.74 Rl'PlAH 9,175 5,464 RENMINBI 8577 4.824 INDIAN RUPEE 45.12 MM AS 1.444 0.842 NZS 1.593 0.928 PRIME RATES SINGAPORE 5.25 MALAYSIA 6.00
      72 words
    • Article, Illustration
      Lock icon Market mixed, and reliant on rotational play
      655 4  -  market review r sivanithy THE word "mixed" could have been invented just to describe the week just past. It conveys the impression of being neither here nor there, sessions when the numbers of gainers and losers were roughly equal and days when liquidity
      655 words
    • Article, Illustration
      Lock icon Citigroup reorganises Asian investment banking ops
      486 5  -  Internal management revamp aimed at regaining market share and improving the group's global rankings By Siow Li Sen CITIGROUP has reorganised its corporate and investment banking group in the Asia Pacific to focus better on opportunities in the region. As part of the move,
      486 words
    • corporate roundup
      • Article
        Lock icon Zagro buys 2 animal health products
        72 5 LIFE sciences group Zagro Asia has through its wholly owned subsidiary Zagro Singapore bought two animal health products, Neocidol and Steladone, from Novartis Animal Health Inc, giving Zagro ownership to more than 130 trademarks and about 180 product registrations in more than 70 countries.
        72 words
      • Article
        Lock icon CapitaLand Treasury's $3b programme
        55 5 CAPITAL AND Ltd, South-east Asia's biggest property developer, said its unit, CapitaLand Treasury Ltd. started a $3 billion medium-term borrowing programme in multiple currencies. Citicorp Investment Bank (Singapore) and Standard Chartered Bank are joint arrangers and dealers. CapitaLand Treasury may from time to time issue notes,
        55 words
      • Article
        Lock icon Astra's sales increase
        62 5 PT ASTRA International, Indonesia's biggest automaker and a unit of Singapore's Jardine Cycle Carriage, said sales rose almost by half last month, boosted by demand from its Japanese partners Toyota Motor Corp and Daihatsu Motor Co. It said local and overseas sales of jeeps, trucks and sedans
        62 words
      • Article
        Lock icon CyGenics's IPO oversubscribed
        76 5 CYGENICS Ltd, a homegrown biotechnology group, said its IPO on the Australian Stock Exchange was oversubscribed. The company's shares are expected to list on June 18. Of the A$18 million (S$21.2 million) raised, Australian institutions accounted for A$8 million with a further A$6 million coming from institutional
        76 words
    • Article
      Lock icon Lyxor to launch 2nd capital guaranteed fund here
      478 5  -  Fond will be terminated once it achieves total payout of 15% By Taila Krishnakumar FOLLOWING the success of an earlier fund which raised some $500 million in Singapore, Lyxor International Asset management is launching its second capital guaranteed fund in the local
      478 words
    • Article
      Lock icon First State launches emerging markets fund
      514 5  -  Team behind it is one of its strongest selling points By Genevieve Cua AT a time when most fund launches still carry the Asian theme, First State Investments has launched an emerging markets equity fund and one of its strongest selling points is the
      514 words
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      1103 5 To advertise call toll-free 1800 289 8822 Email: notlces@sph.com.sg In The Matter Of The Companies Act, Cap. SO And In The Matter Of (1) RHEMA-MANNA PTE LTD (2) HARVEST CAFE PTE LTD Notice of Creditors' Meeting Pursuant To Section 296 Of The Companies Act, Cap. 50 NOTICE is hereby given
      1,103 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      256 5 industries 1 l. Company located in South Australia, and trading profitably with $4.0 M approx. sales turnover 2. Company established for 25 years and involved with valve manufacture and associated equipment, including: < m a. Knifegate and penstock valves. i b. Sludge removal and focculation/screenlng equipment. 9901 Certified Lloyds Quality
      256 words
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  • money personal investment
    • Article, Illustration
      Lock icon brokers' take
      634 6  -  Compiled by VEN SREENIVASAN Tat Hong Holdings June 11 dose: 41 cents TAT Hong achieved a 74 per cent year-on-year increase in net profit to 5513.9 million. Growth in its existing businesses as well as a foray into the lucrative mining equipment leasing should underpin the group's growth
      Source: Bloomberg  -  634 words
    • tradestowatch
      • Article
        Lock icon Sam Goi raises stakes in Serial, Coffeemix
        109 6 SERIAL System substantial shareholder Sam Goi, also known as the "Popiah King", bought 78,000 shares on the open market on Wednesday for an undisclosed sum. This raises his stake in the electronics distributor to 11.21 per cent from 11.18 per cent. Mr Goi
        109 words
      • Article
        Lock icon NeoCorp director increases direct shareholding
        57 6 AN executive director of NeoCorp International, Eric Tiong, bought 61,000 shares of the construction and engineering services group at 2.5 cents per share on Wednesday. The open-market purchase raised his direct holding in NeoCorp to 461,000 shares or 0.09 per cent. NeoCorp shares were untraded
        57 words
      • Article
        Lock icon Jardine Cycle & Carriage chief sells shares
        58 6 Jardine Cycle Carriage chief sells shares THE managing director of Jardine Cycle Carriage, Philip Eng, on Thursday sold 58,000 shares at almost $6.52 each. The open-market sale reduced Mr Eng's direct shareholding to 80,333 shares or 0.024 per cent. Mr Eng continues to hold 340,000 options. Shares of Jardine C&C
        58 words
      • Article
        Lock icon Great Eastern's M'sian units' director pares stake
        63 6  -  Compiled by JOYCE KOH A DIRECTOR of Great Eastern Holding's Malaysian subsidiaries, Alex Foong Soo Hah, sold 28,000 shares of GEH on the open market on Thursday at $12 apiece. This cut his direct stake in the company from 0.0063 per cent to
        63 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      945 6 for week beginning June 7 Subsantiai Buy No of Mco SHAREHOLDING Trans Shareholder Sit Shares for Mora Altar Stodi Date Director Com 000 SfcrS COBB) f»0W Hong Fok Corp 10Jun04 Cheong Sim Eng Buy 100 0.24 5263 0.88 5363 0.90 Achieva 10-Jun 04 Lim Yong Choon
      945 words
    • Article, Illustration
      Lock icon Which earnings figure drives stocks?
      954 6  -  show me the money teh hooi ling IN research reports by broking firms, we find numerous metrics used by analysts to value companies. Most common is the use of earnings multiples. But the earnings used may differ. There are earnings before interest, tax, depreciation and
      Compiled by BT  -  954 words
    • Article
      Lock icon Investing in foreign currency deposits
      698 6 CASH rich Singaporeans have good reasons to demand better returns from their savings. Fixed deposits are currently paying interest of less than one per cent per annum and it looks like this might continue for a while. At such low yield, investors may effectively be
      698 words
    • Article
      Lock icon How it works
      222 6 For example, you deposit Ssloo.ooo as your original currency. You choose the Australian dollar as your alternate currency, with a two-week maturity. The current As/S$ spot exchange rate is 1.1460 and you choose a pre-determined target conversion rate of 1.1400. The interest rate on the option embedded
      222 words
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  • dbs investment roundtable
    • Article, Illustration
      Lock icon Reprieve in sight for markets
      2409 7 The markets this week have had lots to digest and consider. Oil prices fell 14 per cent to about US$36 after reaching a record peak last week; US jobs growth is racing ahead; the Singapore bourse's main index moved back above 1,800 and investors, analysts
      AFP  -  2,409 words
  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      40 7 ©DBS The DBS Investment Roundtable is brought to you by DBS. It aims to help the investor make informed decisions by providing a platform for experts to discuss the impact of current market issues and concerns. DBS hotline No: 1800-*****22
      40 words
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  • news at home
    • Article
      Lock icon Tuas Power signs $1b deal for South Sumatra gas
      360 8  -  Second source for power stations will prevent disruption of electricity supply to consumers, it says By Daniel Buenas TUAS Power has signed a $1 billion 18-year contract for natural gas supply with one of Singapore's major natural gas importer and supplier,
      360 words
    • Article, Illustration
      Lock icon Bankruptcy orders jump 21% in April
      262 8  -  eye on the economy bankruptcies By Daniel Buenas THE number of bankruptcy orders made jumped nearly 21 per cent in April from the same month a year ago, although the number of petitions for bankruptcy eased 3.7 per cent, latest figures from the Insolvency
      Source: Ministry of Law  -  262 words
    • Article, Illustration
      Lock icon France's Cegelec has wider Singapore aims
      477 8  -  EXCLUSIVE It is open to partnering local firms in ventures By Vince Chong FRENCH construction giant Cegelec is aiming to double its business in Singapore in the next two to three years as the economic recovery continues, while offering to help local companies venture
      477 words
    • Article
      Lock icon Leverage on Canada's IT expertise: official
      393 8  -  By Amit Roy Choudhury SINGAPORE companies can leverage on Canada's expertise in information and communications technology (ICT) to forge alliances to pursue projects in Singapore and in other countries, according to a top Canadian official. Last year, Canadian exports of ICT goods to Singapore
      393 words
    • Article
      Lock icon DSO opens new complex at NUS
      250 8 MORE than 200 researchers, scientists and doctors can now come together to enhance the Singapore Armed Forces (SAF) with the opening of the DSO (Kent Ridge) Building and the SAF Military Medicine Institute yesterday. This complex is home to the Defence Medical Environmental Research
      250 words
    • Article
      Lock icon Power tariffs to rise 3.5% in July-Sept
      187 8 ELECTRICITY tariffs will rise by an average 3.5 per cent or 0.55 cent per kilowatt hour (kWh) for the July to September quarter. Singapore Power said in a statement yesterday that the increase is due to rising fuel oil prices. Current tariffs are
      187 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    4485 8 UNIT TRUSTS FUNDS irninnTRnBIHH S B Sel Eqty Dividend Pf 04 (SGD) *****/ SB Sel Eqty Dividend Pf 04 (USD) 0.981V ABM Amro Asset Mgt (S'pore) Commerzbank Asset Mgt Star Europe Eqty!" a749/ Com Global Finance Index F3 0.963/ StaEuopeBond 1 234/ Com Global Lifestyle Index Fd 1.02/ SarEmpeM 1048/
    4,485 words
  • Page 8 Advertisements
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  • news region
    • Article
      Lock icon AirAsia may take over some MAS routes: report
      412 9  -  Analysts say such a move will allow MAS to focus on its lucrative international operations From Eddie Toh in Kuala Lumpur BUDGET carrier Air Asia could replace Malaysia Airlines (MAS) as the dominant local carrier should it succeed in capturing some of
      412 words
    • Article, Illustration
      Lock icon Paint tycoon to take unit private
      414 9  -  Goh Cheng Liang's Nipsea makes fresh bid for Malaysia's Hua Joo Seng From Eddie Toh in Kuala Lumpur PAINT tycoon Goh Cheng Liang may have cashed out of his flagship Liang Court Holdings in Singapore five years ago, but he is definitely not taking
      414 words
    • Article
      Lock icon Booming private banks face staff squeeze in Asia
      401 10 They turn to poaching talent from competitors Reuters [SINGAPORE] After 25 years in Asia, Marc Tomchek, the regional head of Swiss private bank Sarasin, knows how tough it is to find the right people to manage the wealth of the growing ranks
      Reuters  -  401 words
    • Article, Illustration
      Lock icon China IPO buzz returns but HK investors turn choosy
      533 10 They are now shopping for specific sectors and stocks instead of buying into a broad China growth story Reuters [HONG KONG] The China IPO buzz is back, but Hong Kong buyers who late last year crowded into nearly every mainland issue
      Reuters; AFP  -  533 words
    • Article
      Lock icon TCS presses ahead with big IPO
      178 10 Reuters [MUMßAl] Tata Consultancy Services (TCS), India's top software services company, took a large step towards stock market flotation on Thursday with the regulatory filing for an initial public offering (IPO) which may prove to be India's largest. A spokeswoman for parent company Tata
      Reuters  -  178 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      1540 9 I WestLß AG r I (Incorporated in the Federal Republic of Germany) VVtJOLI—D I Financial Accounts for the Year 2003 Group Balance Sheet as at December 31, 2003 Group Statement of Income for the Year Ended December 31, 2003 Assets Liabilities 31.12.2003 31.12.2002 31.12.2003 31J2.2002 n 2 M03 31.12.2002 thousands
      1,540 words
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  • Article
    Lock icon SGX
    804 10 Transaction date.Jun 11 Stocks Volume TSM Res 5c 94,610,000 China Petro 4c 32,323,000 AsiaPharm US2c 24,192,000 UniFiber 10c 14,756,000 Chart SemiCond 26c 12,601,000 MobileOne 20c 8,219,000 BIL Intl US20c 7,851,000 ChinaCast US8c 7,822,000 SingTel 15c 7,502,000 PacificCenturylOc 7,458,000 TURNOVER ('000) VALUE ('OOO) Mala Sdq Total Win Sdq Total Muttilnd
    804 words
  • Article
    Lock icon BONDS & WARRANTS
    850 10 BONDS WARRANTS w last Vol Com E«er Dim Goot-mS Tel Last Vol Corn Exer 'SSk Gear f* Cl ">*» *0*0 «T- r—I «o«*o Wet im loft Code Company Sale +or (000) Ratio Price ing Left SengkangmS$201M4.88%SB*****0 US 1 'J 53 41 3.06 46 Sengkangmall S$134M8%JB*****0 100 38 0 3787 SPHDBECW*****8
    850 words
  • Article
    Lock icon SGX SESDAQ
    1939 10 52-Wk T«l Last Vol Day Last Quote GrOw Dtv GfVId Net MCap S2 W% Tel Last Vol Day Last Quote GrOt* Dm GrVU mm MCao *01 Low Code Company Sale rOOO) High Uw» Bayer SHtar Cvr PTE sinS Hi» Low Code Company Sate W- 000 H.& Low tuyet
    1,939 words
  • Article
    Lock icon CLOB INTERNATIONAL
    206 10 52 WV Td Last Vol Day Last Quote Grttv Dhr GrVM Net MCw HW> Low Code Company Sale CHOP) Hijrfi Low ■uyer Sdht Cw W W 228 142 6000 A V Jennings A25c A198cd -2 4 198 196 198 199 40 8 8 5.1 7.S 4261 6001 Cathay
    206 words
  • Article
    Lock icon SGX XTRANET
    218 10 U M T«1 Last Vol Day L*st Quote GrDtv Otv GrYld Net MCap High Low CintT Conyjny Sale W- (000 High Low luyw SHtef Cw P/I fcnS 2060 2000 6065 Diamonds 2120 6095 IS DJ US Tech US3740 6097 IS MSCI Spore US5S5 6101 ISSAP500 ********** 6170 SPDRS
    218 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      204 10 Notices Dfq^lANd INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****0571K) EFFECTIVE DATE OF THE CAPITAL REDUCTION EXERCISE Capitalised terms not otherwise defined in this Announcement shall have the same meanings ascribed to them as in the announcement dated 9 June 2004. Further to the announcement dated
      204 words
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      Lock icon Page 10 Advertisements Column 2
      280 10 NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATORS EPIC INTERNATIONAL PTE LTD Take notice thai Ms Ong I jcc Wha and Ms Ong Soo Hwa. both of S H Ong Ac Company of 545 Orchard Road #11-07, Far Hast Shopping Centre. Singapore 2188X2. have Keen appointed provisional liquidators of the ahovenamed company
      280 words
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  • Article
    Lock icon SGX MAINBOARD
    6984 11 Transaction date:Jun 11 tt-Wk Tel L«t Vol On Lart Quote GfOtv Drv GrYM Net MCap High Low Code Company Sole COOP) High low »uy* Se4Ur Cvr Pit {nil 25.5 6 5716 1st Software Sc 11 urtch 541 11 10.5 10.5 11 43.6 57.9 32.9 5834 A-SonicSc 34.5 +0.5
    6,984 words
  • news world
    • Article
      Lock icon Fed may scrap 'measured' pace for rate hikes
      501 11 Central bank's policymakers likely to move as aggressively as needed to keep inflation under control LAT-WP Reuters [WASHINGTON] A Federal Reserve bank president yesterday all but declared that the central bank will raise a key interest short-term rate later this month, and
      LAT-WP; Reuters  -  501 words
    • Article, Illustration
      Lock icon French hotel group Accor buys 29% Club Med stake
      420 11 Reuters Bloomberg [PARIS] French hotel group Accor ventured into uncharted waters yesterday by buying a near 30 per cent stake in holiday village operator Club Mediterranee for 252 million euros (SsslB million). The world's fourth largest hotel group is buying the
      Reuters; Bloomberg; FILE PHOTO  -  420 words
    • Article, Illustration
      Lock icon No buying spree for luxury goods groups
      414 11 FT Bloomberg [GENEVA] Demand for expensive watches, jewellery and accessories is rebounding strongly after lingering in the doldrums for three years, but the world's leading luxury goods groups do not plan to start another acquisition war, says the Financial Times. Companies like LVMH,
      FT; Bloomberg; Source: FT  -  414 words
    • Article
      Lock icon Alitalia losses may lead to liquidation: Auditor
      264 11 Bloomberg [ROME] Italy's largest airline Alitalia may need to consider liquidation as the carrier's losses widen, says its auditor Deloitte Touche SpA. Deloitte isn't certifying the airline's 2003 financial figures without the Romebased airline taking "incisive and adequate measures" to restore profitability, the
      Bloomberg  -  264 words
    • Article
      Lock icon Banks warn EU not to endorse new accounting rules
      532 12 They fear balance sheets could be hit with billions of euros of potential losses from derivatives [PAßlS] Europe's banks warned the European Commission against endorsing new accounting standards, which they fear could hit balance sheets with billions of euros of potential
      532 words
    • Article
      Lock icon Study finds no link between money, sex
      317 12 Greater income does not buy more sex, nor more sexual partners: researchers AFP [WASHINGTON] More money does not lead to more sex, economic researchers concluded in a study released by a major US economic institute. The study by David Blanchflower of Dartmouth University
      AFP  -  317 words
    • Article
      Lock icon Fears over outsourcing of jobs may be overblown: US report
      498 12 NYT [NEW YORK] International outsourcing, politicians from both US parties often say, has turned into a scourge of US workers, who are losing jobs on a large scale to competition from cheaper workers abroad. But according to the first government
      NYT  -  498 words
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  • style health
    • Article, Illustration
      Lock icon Listen to your HEART
      1581 13  -  Early treatment can arrest permanent damage to the heart muscle but prevention is still better than cure, writes CHUANG PECK MING CHUANG PECK MING A GREYING population and an increasingly affluent lifestyle are a deadly combination that can swell the pool of people with heart ailments.
      Photos by ARTHUR LEE  -  1,581 words
    • Article
      Lock icon Irregular isn't always bad
      689 13  -  By Chuang Peck Ming DON'T panic if your heart skips a beat once in a while, or you feel it fluttering. "It's the most common of irregular heartbeats," says Teo Wee Siong, consultant cardiologist and cardiac electrophysiologist. "I've experienced it and probably half of Singaporeans also
      689 words
  • Page 13 Advertisements
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      Lock icon Page 13 Advertisements Column 1
      459 13 p We PARKWAY GROUP HEALTHCARE PTE LTD (SINGAPORE) East Shore Hospital, Gleneagles Hospital, Mount Elizabeth Hospital The International Healthcare Provider of Choice Parkway Group Healthcare, Singapore, is one of Asia's largest private healthcare providers with an extensive network of hospitals and integrated healthcare facilities in Singapore and the region. Backed
      459 words
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  • style arts fest
    • Article, Illustration
      Lock icon The crime of singing the truth
      467 14  -  Like it or not, The Tiger Lillies only sings unpleasant aspects of the human psyche, says MICHAEL HU MICHAEL HU MARTYN Jacques, frontman of British cabaret trio The Tiger Lillies, spends his time in two different worlds. By day, the pony-tailed Briton is a
      467 words
    • Article, Illustration
      Lock icon Vast landscape of emotions
      441 14  -  By Cheah Ui-Hoon TO non-speakers of Spanish, the title for the piece Secreto y Malibu has immediate connotations of alcohol-induced whispers and hushes over a couple of drinks in a bar. Well, there wasn't a bar on stage, but a yard instead; although the implied mystique
      FILE PHOTO  -  441 words
    • Article
      Lock icon A witty musical journey
      453 14  -  By Geoffrey Eu THE stuffy, subdued and deferential atmosphere typically associated with a chamber music recital was notably absent from the Jubilee Hall on Thursday night when the classically trained string trio known as Triology performed a culturally diverse, musically creative and genuinely funinfused programme to
      453 words
  • Article
    Lock icon STOCKS ASIA
    4757 14 Transaction date: Jun 11 HONG KONG Vol HK Exchanges 4 Clearing..15.85 0.10 2324 HK$ *1- '000 HKR Int'l 2.38 0.03 2246 Hong Kong Electric 34.20 -0.10 1518 Aeon Credit 4.50 -0.03 14 Hongkong Chinese 0.97 unch 314 Aeon Stores 5.55 -0.05 120 Hopewell Holdings 14.30 -0.05 440 Alpha
    4,757 words
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  • style sound&sight
    • Article, Illustration
      Lock icon Tube up for crisp, clear sound
      655 15  -  Tube amplifiers, while not as common as solid states these days, once ruled the audiophile world. THAM CHAIK KONG looks at their lingering charm THAM CHAIK KONG THE tube amplifier reigned over the audiophile world in the first half of the 20th century until
      655 words
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      165 15 IRr «r To the man who nurtured you with love, honoui him this Father's Day with an exquisite tmiltisensory massage experience. 1 I m His love and wisdom shone upon you like the sun. making you who you are today. This Father's Day. pamper Dad with the gift he will
      165 words
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  • style shopping
    • Article, Illustration
      Lock icon Dad's the best!
      805 16  -  CORINNE KERK plies some fathers with drink to find out what they really want for Father's Day CORINNE KERK Fathers, we salute you. We thank you for bringing home the bacon, lending us your car, and most importantly, being the ones we can arm-twist when tough-as-nails mothers
      REUTERS  -  805 words
    • in store
      • Article, Illustration
        Lock icon Pack a picnic
        62 16 WHAT better time to grab these picnic tableware pieces than the school holidays? The plastic, dish-washer-safe set from Ikea comprises cups ($1.90 each); 25-centilitre bowls ($7.90 for four); 9cm bowls ($3.90 for two); 26cm diameter plates ($14.90 for four); 36cm plates ($14.90 for four); and a salad
        62 words
      • Article, Illustration
        Lock icon The fabric of time
        85 16  -  Compiled by MIKE CHUA FANCY a dainty clock made of kimono fabric that's more than 50 years old? These vintage kimono clocks are handmade and unique there is only one piece for each design. It is part of a lifestyle concept created by Kokon Tozai, at
        85 words
    • Article, Illustration
      Lock icon My father's on the fairways
      1193 17 Continued from Pago 16 Golf getaways IT'S always nice to go on short breaks and all the better if it involves a round of golf or two for golfing dads. A good destination for that is Bintan it's not far away, yet allows you to
      1,193 words
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  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      213 17 CRYPTIC CROSSWORD ing set off (8) 29 Seed men scattered round estate (7) 11 Taking up important position Across: 1 Strangeness, 8 Boxfor a college term, we hear ing glove, 11 Oral, 12 Exon, 13 DOWN (9) Taken in, 15 Stature, 16 Laity, 2 Another inter-nuclear unit 14 Tool said
      213 words
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  • style motoring
    • Article, Illustration
      Lock icon What drives him?
      870 18  -  driving style While others merely talked about it, Peter Seow put together a team to organise a major motorsports event, says MICHAEL LIM MICHAEL LIM ASSION is the main fuel that Peter Seow has been running on since he embarked on his dream to make motorsports more
      SPLIT SECOND MEDIA  -  870 words
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      Lock icon With a little help from the Europeans
      427 18 SAMUEL EE says the Chrysler Crossfire combines sensational styling with European handling FASTEN your seatbelts. One of the sleekest American cars was launched here this week. The Chrysler Crossfire is a sensuous sports coupe which is a blend of American design and German
      427 words
    • Article, Illustration
      Lock icon New hope dawns for talented Asian drivers
      420 18 A NEW concept of motorsports that's making its rounds in the Asia-Pacif-ic will effectively consolidate and revolutionise the way in which driving talent in the region can be discovered and nurtured. While the one with the deepest pockets usually has what it takes
      SPLIT SECOND MEDIA  -  420 words
    • Article, Illustration
      Lock icon A vintage car show that's the epitome of elegance
      584 18  -  By Geoffrey Eu IF ever a place was made to showcase an eye-popping selection of fabulous cars from a bygone era or two, the Villa d'Este a magnificent grand luxury hotel on the shores of Lake Como in northern Italy would
      584 words
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  • style travel/wine&dine
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      Lock icon A mountain at the end off every street
      1593 19  -  JAIME EE falls for the charms of Grenoble: home of secretive monks, Olympic-level skiing, delicious cheeses and fresh country air JAIME EE WITH monks being the quiet sort vow of silence and all it isn't that big a surprise that the formula
      1,593 words
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      840 19 wine&dine with weekendßT The Blue Elephant Restaurant massage on the spot (only available during lunch, Thursdays, dinner only. Present BT to receive free flow of Lunch: Mon to Fri, 12pm to 2.30pm. High Tea: Sat, Sun #01-06 Millenia Walk, 9 Raffles Boulevard. brunch and high tea, June 19 and 20)
      840 words
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  • style food
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      Lock icon simply sandwich
      1236 20  -  WHEN the inclination to munch on a favoured food item suddenly strikes, nothing soothes a desperate psyche more than heading to a specific neighbourhood restaurant, suburban foodcourt or kopitiam for that much-needed culinary fix. Regardless of whether it is a curry puff, soup noodle or something a little
      PHOTOS BY ARTHUR LEE; FILE PHOTO  -  1,236 words
    • Article, Illustration
      Lock icon A feast of exquisite dishes of yesteryear
      547 20  -  By Cheah Ui-Hoon SINGAPOREANS can take a culinary walk down memory lane when the Singapore Food Festival rolls into town next month with highlights like the Heavenly Banquet which features exquisite but almost-forgotten dishes of the 1940s and *****. This culinary event has
      547 words