The Business Times, 31 July 2004
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2004-07-31
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The Business Times
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Title Section19 2004-07-31 1 MITA (P) 023/03/2004 85C THE BUSINESS TIMES weekend SINGAPORE JULY 31 AUGUST 1, 2004 Internet: http://business-times.asia 1 com sg19 words
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Article, Illustration847 2004-07-31 1 Siow Li Sen - Both banks report higher loans growth, sharply lower provisions in Q2 By Siow Li Sen [SINGAPORE] As proxies to the strongly rebounding economy, DBS Group Holdings and United Overseas Bank will do well, but fierce competition will continue to be a drag on performance,ARTHUR LEE - 847 words
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565 2004-07-31 1 Chuang Peck Ming - By Chuang Peck Ming [SINGAPORE] The unemployment rate held steady at 4.5 per cent in June despite fresh graduates entering the job market thanks to increased hiring that lifted employment to a near twoyear high. Preliminary figures released yesterday by the Ministry of Manpower565 words
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408 2004-07-31 1 Jean Chua - By Jean Chua (SINGAPORE] Singapore Airlines yesterday bettered analysts' expectations with a $258.6 million net profit for the three months to June 30, fuelled by higher passenger and cargo traffic. Revenue for the period, its first fiscal quarter, rose to $2.72408 words
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Article124 2004-07-31 1 In yesterday's report "SIA boosts salaries; Lim Boon Heng resigns", we said Singapore Airlines had given its employees a 15 per cent pay rise. The company and its unions had actually agreed on a pay make-up scheme, based on the group's after-tax profit, for the financial year124 words
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Page 1 Advertisements
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Advertisement10 2004-07-31 1 A S'pore auto family's love affair classic ears. PAGE 1410 words
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Advertisement14 2004-07-31 1 RAFFLES CONVERSATION IMF's chief economist Raghuram Rajan is the policymaker's economist. PAGE 3 814 words
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Advertisement87 2004-07-31 1 Ad audio and sound wonderland that costs as much as a Mercedes Benz 5350. PAGE IS .t£ <jmEF. *^Ww 55g "?Bs(WBryM^ ■■mBreguet. La passion laisse des traces. <Ef Man s Classique wnstwatch in 18-carat yellow gold Self winding movement Hetrogrcide small seconds and power reserve indicator Of( centred 1 chapter87 words
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Advertisement25 2004-07-31 1 GOURMET CHEFS Three-star MicheKn chef Gordon Ramsay on business, work and flying Jmu. i Going places with Singapore's Justin Quek V Raffles Hotel's Gallic twist25 words
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news front
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Article, Illustration836 2004-07-31 2 Acceptance speech promising to revitalise US manufacturing and cut deficit draws mixed reviews Bloomberg AFP Reuters [BOSTON] John Kerry, vowing to "restore trust and credibility to the White House", and invoking his combat experience in Vietnam, accepted the Democratic presidential nominationBloomberg; AFP; Reuters; REUTERS - 836 words
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288 2004-07-31 2 [SINGAPORE] Singapore Airlines is still negotiating with employees on a wage structure, following news on Thursday that it will pay $78 million to its staff who suffered pay cuts at the height of the Sars outbreak last year. In an email note to288 words
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Article, Illustration705 2004-07-31 2 daniel buenas - Saturday soapbox 'Get thin quick' fads are now common, but perfection conies at a price daniel buenas IT seems to me that people have become increasingly obsessed with building the body beautiful and, specifically, with being slim and trim. From weight-loss pills to diet705 words
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Advertisement497 2004-07-31 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T: +65 6535 3382 F: +65 6535 3991 E:497 words
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the raffles conversation
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Article, Illustration1566 2004-07-31 3 VIKRAM KHANNA - IMF's Chief Economist Raghuram Rajan sees a pretty good picture for Asia and the concerns really are China's over investment and Japan's recovery. He shares his insights with VIKRAM KHANNA VIKRAM KHANNA WHEN Raghuram Raj an was appointed Chief Economist of the IMF in July last year,ARTHUR LEE - 1,566 words
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781 2004-07-31 3 APART from the rise of China and India, there is another megatrend working its way through the world economy: the outsourcing of services, brought about by the fire-like spread of low-cost, high-quality communications across multiple mediums. It's a subject in which781 words
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Advertisement30 2004-07-31 3 Raffles* Raffles^ Phrvfim Oonh WiulfPt* Ouifn Sif»m R(*aD SifHiaDOre SvdfTSV ZGfich INTERNATIONAL Hotels Resorts Hotels Resorts IVtWiIcUA (VtyiCvW Hotels Resorts < v t a Member of capita Land www.raff les.com www.swissotel.com30 words
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Advertisement68 2004-07-31 3 Raffles' INTERNATIONAL I lotcls ik Resorts A Member of Capita Land The Raffles Conversation is brought to you through a special arrangement with Raffles International Hotels and Resorts. The Traveller's Palm in the Raffles International logo is an apt symbol. Not only has water stored at the base of this68 words
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news companies
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548 2004-07-31 4 Taila Krishnakumar - Earnings boosted by gains from stake sales in regional banks, higher interest income By Taila Krishnakumar DBS Group boosted net earnings five times year on year to a record $847 million in the second quarter ended June 30, bolstered by $497 million548 words
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Article, Illustration896 2004-07-31 4 Angela Tan - corporate analysis Semiconductor firms are back in the black, but the odds look to be against them By Angela Tan INVESTORS who have held on to their semiconductor stocks, waiting for the good times to roll, should be a happy bunch.896 words
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306 2004-07-31 4 Jean Chua - By Jean Chua ASCENDAS Real Estate Investment Trust (A-Reit) yesterday said it will buy a commercial property from Ascendas for up to $41.3 million when construction is completed in April 2006. Ascendas will develop and manage the seven-sto-rey property at306 words
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Article, Illustration549 2004-07-31 4 Loh Hui Yin - Provisions were cut 73 per cent as economy recovered By Loh Hui Yin MUCH lower provision charges, coupled with a higher share of profit from associates, sent United Overseas Bank's first-half earnings to $705 million. The latest earnings are 40.5 per centCHRIS LOH - 549 words
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242 2004-07-31 4 Andrea Tan - By Andrea Tan SINGAPORE'S listed property companies were the second worst performers after listed construction companies over a seven-year period. battered by the Asian financial crisis and the economic downturn, according to a study by the National University of Singapore. The study by242 words
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Article272 2004-07-31 4 Joyce Koh - By Joyce Koh THE recent sluggish activity in the stock market has taken its toll on broking houses here if GK Goh Holdings' second quarter results are any indication. GK Goh first off the block among local brokerages to announce quarterly results said earnings272 words
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Article, Illustration640 2004-07-31 5 r sivanithy - market review r sivanithy RENEWED uptrend or tradeable bounce? That's the question punters must be asking themselves after the gains posted by the Straits Times Index this week gains which, it has to be said, came as a surprise and didn't spill over640 words
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174 2004-07-31 5 CHINA-BASED Hongguo International, whose core activity is the design, manufacture and sale of ladies shoes, yesterday posted a 36 per cent rise in first-half earnings to RM829.4 million ($6.11 million). Turnover grew 27.4 per cent to RM8148.8 million, backed by its retail activities which174 words
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Article81 2004-07-31 5 Dsn 1,891.71 (-0.40) ST INDEX FUTURES 1,878.00 (-7.00) SIMSCI 229.65 (-0.22) SIMSCI FUTURES 227.60 (-1.70) Friday Change KLMMOMP M33.9K >0.4* NIKKEI 225 lU&Id »2MM HA.ViSK.Vi 12.2:tMtt >51.9:1 SKTIMIKX £16.70 .5ih JAKARTA I (IMP _75«.!IN :{.!W MANILA CUMP I.5M 7o I4.:»i TAIPKI VMM 5.420.57 >70.91 SK(H L< <>MP 7:i-".:{4 4.7:181 words
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Article73 2004-07-31 5 FOREX RATES US$ 8$ ISS(SSperlSS) 1.719 V|l'SS/SS|H'rS|._. 1.813. 3.117 Kl KO(l SS/SS/K) 1.2115 2.071 YEX 111.7 65.U0 RM 3.HMI 2.2111 HKS 7.KIKI 4.53H BAHT 41.37 24.(Mi Rl'PIAH 9.1K3 5.329 RENMINBI **.277 4.H4 INDIAN KI'PKK 4li42. 27.IH( AS 1.43(1 (1.8:12 NZS 1.581 (1.919 PRIME RATES si.\(iAli>KK 525 MALAYSIA K.I HI73 words
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786 2004-07-31 5 Kenneth Lim - Shareholders also approve sweeping changes to the company's board, but take directors to task for accounting lapses By Kenneth Lim SHAREHOLDERS of Informatics Holdings yesterdayquestioned directors and auditors on their roles in the company's full-year loss and accounting lapses, but gave a new board786 words
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449 2004-07-31 6 Andrea Tan - Pacific Centuiy drops out off billion-dollar club; tech stocks take a beating in July By Andrea Tan THE market value of Singapore's stock market rose 1.5 per cent in July, led by property counters as signs emerged that the real449 words
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Article, Illustration633 2004-07-31 6 Taila Krishnakumar - Meghmani needs funds to expand production capacity By Taila Krishnakumar POISED to be the first Indian company to list on the Singapore Exchange, pigment and pesticide manufacturer Meghmani Organics Limited says its biggest concern is meeting the sharp increase in demand for633 words
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162 2004-07-31 6 PROPERTY group Marco Polo Developments said yesterday one of its units plans to buy a property in Japan for $85 million from Mitsui Fudosan Company. The building the Oakwood Residence Azabujyuban is now leased to MF Serviced Apartment Co and is predominantly162 words
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542 2004-07-31 6 Kenneth Lim - Transport operator says it can sustain dividend rate By Kenneth Lim SMRT Corp's net profit for the first quarter ended June 2004 almost trebled to $20.1 million from the Sarsstricken period a year ago, and finance executive vicepresident Patrick Lau said542 words
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corporateroundup
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Article57 2004-07-31 6 CONSTRUCTION group Neocorp International's net loss for its first half ended May 31 widened to $3.5 million from $459,000 previously. Its turnover, however, rose 92 per cent to $32.6 million from $17 million previously, mainly because of recognition of revenues from construction projects, with the overseas57 words
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Article66 2004-07-31 6 HOTEL and property group Stamford Land Corp's net profit for its first quarter ended June 30, 2004, jumped to $1.29 million from $481,000 in last year's Q1. At the end of June, its cash and equivalent stood at $51.73 million, down from $61.80 million a year66 words
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Article118 2004-07-31 6 LINKS Island Holdings said it has entered into a non-binding memorandum of understanding with controlling share- holder Low Tuck Kwong's Manhattan Investments in which Manhattan will inject its 50 per cent stakes in each of ASL Energy, Lian Beng Energy and Tat Hong Energy into Links118 words
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Article73 2004-07-31 6 HYFLUX has entered into a memorandum of understanding with China National Environmental Protection Corporation, a state-owned company set up to focus on investment in and development of environmental protection projects. The parties will work together in municipal water and waste-water treatment projects in China. Five73 words
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Article, Illustration623 2004-07-31 4 Transaction date: Jul 30 DfTERBAlTK CURRENCY RATES Against S$ Against US$ Against S$ Against US$ Currendts Bid Offtr Bid Offtr Currancles Bid Offtr Bid Offer SSI SS to 100 units of foreign currency: SSTSS to one unit of foreign currency: Hongkong dollar 22.04 22.05 12.8197 12.8213 Australian dollar 1.2017623 words
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Advertisement169 2004-07-31 5 fVI 111 lIHP I wvVy II ]fi 11 W |Bfl I fjll i I 1 W I II 1 1 V 1 f 111 1 I I mKuKm 1§ I 1 m I iKfli i I'f 1 I ''SI a 1 \^m I I U*m M I 1 I 11169 words
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Article4243 2004-07-31 6 UNIT TRUSTS FUNDS ■vninfflfTRflHHHHIHHH commwibai* AMt KM Com Global finance mdexH 0.943/ Com Global Lifestyle kids Fd 0.97* Com Global HeaMnkidei Fd 0J154/ StarhwpefaBf! 072tt Com Global Telecom Indei M 0.4V Stir Europe Bond 253/ Com Global Infotec Index Fd!" 033/ Stat Ei*ope Bal 1.041/ Com Global Enemy Met M4,243 words
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Advertisement16 2004-07-31 6 Providing multi-style investment solutions for your lifestyle needs Aiiianz (uD Dresdner 0 7 77 Asset Management16 words
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personal investment
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Article691 2004-07-31 7 KENNETH LIM - Compiled by KENNETH LIM Keppel Corp July 30 dosing: $7.30 WE have adjusted our EPS (earnings per share) estimates upwards 4.6-5.1 per cent for 2004-05 to reflect increasing orders from Offshore and Marine. We expect increasing offshore order flows and the improving sector outlook to lift Keppel's price performance.691 words
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tradestowatch
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Article105 2004-07-31 7 IPCO International sold 3.4 million shares in Strike Engineering in a June 6 deal with Pacific Asset Management for an undisclosed price, and now holds just 14.48 per cent, down from 14.77 per cent. Ipco, which obtained its Strike shares when it sold its stake105 words
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Article129 2004-07-31 7 LIANG Huat Aluminium executive director Tan Cheng Nguan saw his stake in the construction component supplier and property developer pared by four million shares this week when Liberty Insurance, which had charged the shares as security for Liang Huat's debts, sold them as part of129 words
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Article64 2004-07-31 7 THE Government of Singapore Investment Corp became a substantial shareholder of electronic display maker TPV Technology on July 23 when it bought 332,000 shares in the open market. Price details were not disclosed. GIC now controls 5 per cent of TPV, up from 4.98 per64 words
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Article73 2004-07-31 7 KENNETH LIM - Compiled by KENNETH LIM ASIA Dekor Holdings independent director Teng Ngiek Lian bought 1.2 million shares in the open market on Thursday at 5.5 US cents apiece, the same as the counter's closing price yesterday. The director, who did not hold any shares in the73 words
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Article, Illustration1281 2004-07-31 7 teh hooi ling - show me the money More than half the 231 firms listed in over four years are trading below their IPO prices teh hooi ling LAST month I did a study of initial public offers in 2001 and 2002 and found that1,281 words
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Article885 2004-07-31 7 for week beginning Jul 26 SubsantiaJ Buy Hool Price SKA*EHOLOI»G_ Tram Shareholder S«A Shares Par Before After Stock Oat* Director Coo* 000 Shr S (000) < 5 Ascott Grp 29-Jut-04 Eugene Paul Lai OE 200 0.32 0 0.00 200 0 01 GPIndUtt 28-Jul-04 Wong Wai Kan885 words
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Advertisement35 2004-07-31 7 Insiders' trades. Brokor r -recorr mentation's. Di yidend 'able. Th f o a rje s ai so r oj e r transactions b/ directors and v# substantial m mmm shareholders. ✓/Orris. use. U n o§E35 words
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dbs investment roundtable
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Article, Illustration2868 2004-07-31 8 Uncertainty lies ahead for Asia, but the region's stocks will prove resilient and are attractive given their relatively cheaper prices THE global investment environ- r~ ment is starting to look rather more hostile than it did earlier in the year when the US andAFP - 2,868 words
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Advertisement41 2004-07-31 8 a 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-*****2241 words
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news at home
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Article, Illustration593 2004-07-31 9 Jessica Cheam - The new product will be sold here before being rolled out to the region By Jessica Cheam SINGAPORE has been chosen as the global test market by the Campbell Soup Company for the launch of its newest product. Yesterday, the 136-year-old American593 words
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Article300 2004-07-31 9 Tang Weng Fai - Telcos must provide 95% street-level coverage By Tang Weng Fai THE Infocomm Development Authority yesterday released performance guidelines for 3G phone services, sticking to its December target for commercial rollout while giving operators a year to improve services. The minimum standard for the national rollout300 words
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Article364 2004-07-31 9 Chen Huifen - By Chen Huifen AMID all the attention investors are paying to China and India these days, Singapore firms are increasingly looking to Japan as well a market once regarded as insular and difficult for foreigners. According to the Development Bank of Japan (DBJ), which offers364 words
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238 2004-07-31 9 Jessica Cheam - By Jessica Cheam SINGAPORE has set up its first Entrepreneur Hub a spacious 10,000 sq ft premises at Robinson Centre in the heart of the Central Business District. Launched yesterday by Singapore's Entrepreneur's Resource Centre (ERC), the hub will function as an238 words
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197 2004-07-31 9 SINGAPORE-based low-cost carrier Valuair has launched a loyalty programme to reward frequent travellers. Under the Valupoints scheme, each Valuair boarding pass will be worth a set number of points that can be traded for an adult return ticket on any Valuair route. At present the197 words
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Page 9 Advertisements
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Advertisement1452 2004-07-31 9 CSA HOLDINGS LTD Unaudited First Quarter Financial Statement 1(a)(i) Income staf ment $000 Group 3 month* ended Notes 30.06.2004 30.06.2003 Revenue 124,456 114,284 CosToTsales <•> <65.971) (61,889) Cost of services rendered (46,118) (42,659) Other operating income 26 1, Selling expenses j|j < 3,440 4,2 °9 Administrative expenses t'l o laa1,452 words
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news region
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Article, Illustration675 2004-07-31 10 AL LABITA - LETTER FROM MANILA But Filipinos are optimistic about securing contracts and jobs in Iraq, says AL LABITA AL LABITA THE heat is on the Philippines which is facing a backlash from its pullout of 51 peacekeepers from Iraq to save hostage truckAP - 675 words
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410 2004-07-31 10 Eddie Toh - Latest move seen as part of efforts to unlock value From Eddie Toh in Kuala Lumpur MALAYSIAN Plantations (MPlant) has announced another corporate move as Singapore investment company Temasek Holdings and mystery partners still wait for the official nod to acquire410 words
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408 2004-07-31 10 Eddie Toh - From Eddie Toh in Kuala Lumpur AN influential US investment bank has said that Malaysia is "worth another lift" due to the cranking of all growth engines, the disciplined fiscal consolidation, steady monetary policy and the sustained momentum in political-eco-nomic reforms. In a report408 words
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inbrief
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78 2004-07-31 11 Reuters [MUMBAI] India's biggest initial public offering, a US$l.2 billion issue from Tata Consultancy Services, was fully sold on its second day yesterday as fund managers flocked to buy in to the country's software outsourcing leader. Stock exchange data showed the 55.45 millionReuters - 78 words
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69 2004-07-31 11 Reuters [KUALA LUMPUR] Malaysian biotech firm Autoimmune Sdn Bhd is developing a vaccine to prevent dengue fever, an infectious disease carried by mosquitoes that can be fatal, the company said on Thursday. A vaccine for dengue fever, which infects about 50 million people every year,Reuters - 69 words
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54 2004-07-31 11 Bloomberg [BANGKOK] Thailand said it's detected bird flu in three more provinces, confirming the outbreak has infected 21 of 76 provinces since it reappeared earlier this month. The Livestock Department said it has found the virus in the provinces of Chachoengsao, Prachin BuriBloomberg - 54 words
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Article89 2004-07-31 11 AFP [JAKARTA] Indonesian presidential frontrunner Susilo Bambang Yudhoyono yesterday agreed to join forces with his defeated rival Amien Rais, a move that could usher in a strategic alliance for the run-off vote. Mr Bambang said he and Dr Amien, who is known as a kingmaker,AFP - 89 words
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Article55 2004-07-31 11 Reuters [JAKARTA] Telkom, Indonesia's largest telephone company, posted a 41 per cent fall in quarterly profits yesterday after a weaker rupiah increased the value of its foreign debt. State-run firm PT Telekomunikasi Indonesia is expected to bounce back in the second half as cheaper dealsReuters - 55 words
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Article65 2004-07-31 11 AFP [KUALA LUMPUR] Malaysia's stock exchange yesterday announced the appointment of financial advisers for its initial public offer. It aimed to list the bourse by the first quarter of 2005. Bursa Malaysia named Commerce International Merchant Bankers as the principal listing adviser and jointAFP - 65 words
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Article, Illustration411 2004-07-31 11 Buyers from HK spend 5.7b renminbi in H1 on Chinese property, mainly in Shenzhen [HONG KONG] Young and rich Hongkongers are splurging on second homes in China, the South China Morning Post reported on Thursday. It cited a recent surveyREUTERS - 411 words
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259 2004-07-31 11 Bloomberg [BEIJING] China's market is expanding rapidly to the benefit of its trading partners yet Chinese exporters are facing "unfair treatment" overseas, China's Deputy Commerce Minister Yu Guangzhou said. Consumer spending in China is expected to rise more than 10 per cent toBloomberg - 259 words
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Article818 2004-07-31 10 Transaction date: Jul 30 TURNOVER ('000) VALUE ('000) Main Sdq Tom Mate Sdq Total Multilnd 16,061 16,061 27,124 27,124 Manufacture 201,908 8.508 210,416 146,256 1.215 147.471 Commerce 32,636 2.921 35.557 16.287 523 16.810 Tpt/5tor/Com 60,774 20 60,794 144,876 7 144.883 Finance 56,071 43 56,114 143,261 21 143.282 Construction 30,130818 words
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Article764 2004-07-31 10 BONDS WARRANTS Tal Last Vol Corn E>« 'ota Tat Last Vol Com Exar Disc Gear Whs Coda Company Sala ♦or- ooo Katio Price ing Left Coda Cg«m«» tala ♦•f- COOP) mfc Wca i»j Left ABNf *****3S 3747 PNE Ind W*****S 2 t 10 50 4.00 13 ADBn 1 845H07b62SS PTWl0Nln1O%*****SS764 words
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Article196 2004-07-31 10 52-Wk Td Last Vol Day LastQuot* Gf«* «v GrYkf Net MCap W0i Loo Coda Comply Sate COOP) Low Mvw Sdtef Cwr M im* 228 150 6000 AVJennings A25c A174 172 177 44 10.6 6.3 5.5 3745 6001 Cathay Pac 20c HK720 265 2.1 7.4 6 *****2 6002 Cheung196 words
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Article225 2004-07-31 10 S2 Wk TH last Vol On Lart Quote GrOjv Div GrYld Net MCap Mgh low Code Company S»k W- (OOP) High Lou, tuy* SUf Cw WE Sm.1 2060 2000 6065 Diamonds US2060cd 2120 6095 IS DJ US Tech US3740 6097 IS MSCI Spore US555 6101 IS S&P500 US8270225 words
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Article6775 2004-07-31 11 Transaction date: Jul 30 52-WV Td last Vol Day last Quote GrOiv Df» GrYtd Not MCap High low Code Company Sate +<- C000) High low Buyar Salter Cvr P7t Smll 25.5 6.5 5716 1st Software 5c 7 unch 473 7 7 7 75 ,U.\ 34.5 30 5 31486,775 words
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news world
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Article, Illustration402 2004-07-31 12 Move challenging Mitsubishi Tokyo's offer will create world's biggest lender Bloomberg [TOKYO] Sumitomo Mitsui Financial Group Inc, Japan's third-largest bank, plans a hostile takeover of UFJ Holdings Inc to create the world's biggest lender, setting up the first bidding contest among the nation'sBloomberg; AFP - 402 words
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378 2004-07-31 12 But investors say IPO structure will cause price plunge Bloomberg [SAN FRANSISCO] Shares of Google Inc, the world's most-used Web search engine, may rise the day after the company's initial share sale, according to wagers placed on Betfair, a Londonbased Internet bettingBloomberg - 378 words
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Article, Illustration674 2004-07-31 13 Ravi Kanth - Just hours left for members to wrap up negotiations for crucial trade agreement based on hard-won blueprint From Ravi Kanth in Geneva AS the hour of reckoning arrives for global trade liberalisation talks, Singapore's Trade and Industry Minister George Yeo yesterday urged members674 words
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440 2004-07-31 13 Big energy price hikes vein consumer spending Reuters [WASHINGTON] The US economy braked more sharply than expected in the second quarter as shoppers curbed their freespending ways amid a sharp advance in energy prices, government data released yesterday showed. US grossReuters - 440 words
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Article, Illustration694 2004-07-31 13 US light crude hits 21-year high on supply worries Reuters Bloomberg [LONDON] US oil prices hit fresh record highs yesterday on fears of a disruption in supplies from world number two exporter Russia and doubts over oil cartel Opec's ability to make upReuters; Bloomberg; AP - 694 words
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209 2004-07-31 13 Reuters [SEOUL] Global computer memory chip sales grew 20 per cent to US$6.7 billion in the second quarter of 2004 from the previous quarter, but the industry is facing tough times ahead, US research firm Gartner said yesterday. The Stamford,Reuters - 209 words
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227 2004-07-31 13 Bloomberg [LONDON] London City workers seeking refuge from the sunny climes forecast for next week will be able to relax in a deckchair and cool off with a beach cocktail as the Great Eastern Hotel seeks to boost visitor numbers by turning its lobbyBloomberg - 227 words
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inbrief
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110 2004-07-31 13 AP [ROME] Citing billions of dollars in losses, Italian dairy giant Parmalat, which is reeling from a massive fraud scandal, initiated action on Thursday in a New Jersey court to recover damages from Citigroup and some of its subsidiaries, company officials said. The court moveAP - 110 words
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108 2004-07-31 13 Bloomberg [SAN FRANCISCO] Intel Corp, the world's largest semiconductor maker, delayed the release of a faster version of its Pentium desktop processor until next year, the fourth time in 12 months it has put off introducing a new chip. Intel pushed backBloomberg - 108 words
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61 2004-07-31 13 Xinhua [WASHINGTON] Exxon Mobil Corp, the world's largest oil company, said on Thursday its profit in the second quarter jumped 39 per cent from a year ago. In the April-June quarter, it earned U555.79 billion, or 88 cents per share, compared withXinhua - 61 words
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Article442 2004-07-31 13 Meant to challenge Google, it can do hard drive searches Reuters Bloomberg [SEATTLE] Microsoft Corp, which is challenging market leader Google Inc in the online search market, demonstrated for the first time on Thursday a search engine that looks for information on computer hard drivesReuters; Bloomberg - 442 words
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Page 12 Advertisements
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Advertisement1301 2004-07-31 12 SNSfEHOIO IMI aw I Head Office: Turin, Italy. Sanpaolo IMI S.p.A. Singapore Branch: 6 Temasek Boulevard #42-04/05, Suntec Tower Four, Singapore *****6 Consolidated Balance Sheet Consolidated Statement of Income I As of 31 December 2003 As of 31 December 2003 I (millions of Euro) (millions of Euro) I 31/12/03 11,301 words
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Advertisement1485 2004-07-31 12 IN THE MATTER OF THE COMPANIES ACT, CAP.SO [(Section 290{2)(b)] AND IN THE MATTER OF NTS PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting o( the Company held at 456 Alexandra Road #0600 NOl Building Singapore *****2 on the 26th day of July 2004,1,485 words
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Page 13 Advertisements
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Advertisement212 2004-07-31 13 Call toll-free 1800 289 8822 GREEN WORLD HOLDINGS LIMITED INTERIM DIVIDEND The Board of Directors of Green World Holdings Limited (the "Company") is pleased to announce that a tax exempt (1 -tier) interim dividend of 550.005 per ordinary share in the capital of the Company has been declared for the212 words
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Advertisement22 2004-07-31 13 I I S Lianhe Zaobao I Chongqing's I I total area of I I wised I I commercial I I mMIM I22 words
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style motoring
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Article, Illustration966 2004-07-31 14 SAMUEL EE - driving style For Gary Hong and his brothers, classic cars are more of a passion than a business. SAMUEL EE finds out what drives their interest SAMUEL EE YOU could say Gary Hong has the most desirable "office" in town. The easy-going 32-year-old runs thePHOTOS BY WILLIAM WHEY - 966 words
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Article, Illustration410 2004-07-31 14 IT may also have an aluminium body, three-litre V 6 engine and six-speed automatic transmission but look deeper and you'll discover the Jaguar XJ6 is a very different animal to the Audi A 8 3.0. Unlike the Audi, the Jag is old-school rear-wheel-drive. And this different410 words
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Article, Illustration532 2004-07-31 14 SAMUEL EE - Both have aluminium bodies, three-litre V6 engines and six-speed automatic transmission but the similarities end there. The Audi A8 and Jaguar XJ6 are very different animals, as SAMUEL EE found out SAMUEL EE Audi A 8 3.0 Engine: 2,976 cc V 6 Gearbox: 6-speed continuously variable532 words
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Article, Illustration205 2004-07-31 14 Samuel Ee - By Samuel Ee TIRED of seeing the usual Picnic or Odyssey MPV hogging the fast lane of the PIE? No doubt you'd prefer to be tailgating the smooth, sleek posterior of Honda's latest people carrier. The eight-seater Elysion was launched some months ago in Japan and parallel205 words
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style sight&sound
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Article, Illustration1208 2004-07-31 15 THAM CHAIK KONG - THAM CHAIK KONG gets an audio and visual treat from the home theatre system of an enthusiast He shares his out-of-this-world experience THAM CHAIK KONG THERE are many red-hot and cash rich audiophiles and home theatre system enthusiasts in Singapore. Some, though, have not done justice to1,208 words
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1069 2004-07-31 15 District 2 LANDED Spottiswoode Part Rd 2-Ter 25/06/04 FH 1135 1080 952 Districts NON-LANDED CentrepointApt Apt 09/07/04 99 2303 925 402 Devonshire Lodge Apt 30/06/04 FH 1324 765 578 Emerald Lodge Apt 30/06/04 FH 1216 780 6411,069 words
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Article2353 2004-07-31 16 Transaction date: Jul 30 KUALA LUMPUR Globetronics Tech 0.43 -0.01 1057 y 0 GlomacBhd 2.43 -0 01 142 RM COOO) Gold Bridge Engrg 0 36 0.01 36 Golden Frontier .0.74 unch 15 ASM Realty 1.41 unch 0 Golden Hope Plant 3.42 -0.02 603 Abnc 0.59 unch 14 Golden Pharos2,353 words
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Article4927 2004-07-31 16 Transaction date: Jul 30 HONG KONG Vol HK Exchanges Clearing 1610 0 10 5540 HKS '000 HKR Int'l 2 55 -0.05 1993 Hong Kong Electric 33.30 unch 2581 Aeon Credit 5.00 unch 22 Hongkong Chinese 0.93 unch 508 Aeon Stores 6.90 0.30 188 Hopewell Holdings 15.45 -0.25 2614,927 words
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style health
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Article1308 2004-07-31 16 your health questions answered I am 51 years old and I never had to wako up In tho middle of tho night to pass urlno but lately, I do. Is ttris a sign of an enlarged prostate gland or prostata cancor? How do I toll If It Is prostata1,308 words
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Article, Illustration2466 2004-07-31 17 TEH SHI NING - Lasik surgery is a boon to people who suffer from myopia. However, it does not guarantee perfect vision, reports TEH SHI NING TEH SHI NING VISION correction has come a long way since the first pair of spectacles was made in the 13th century,ARTHUR LEE - 2,466 words
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Page 16 Advertisements
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Advertisement17 2004-07-31 16 Recruit from a wider audience Coll 1800 289 8822 or email recruit@sph.com.sg for your recruitment solutions s17 words
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Page 17 Advertisements
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Advertisement311 2004-07-31 17 jjr 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 with311 words
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style shopping
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Article, Illustration880 2004-07-31 18 CORINNE KERK - Outlet stores are an attractive alternative to boutiques for quality children's clothing as mothers here have discovered. CORINNE KERK reports CORINNE KERK FOR some mothers looking to buy good quality branded clothes for their kids, it isn't always the fancy children's boutiques they head to. It is the880 words
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Article, Illustration458 2004-07-31 18 Corinne Kerk - By Corinne Kerk THIS week, German knifemaker Zwilling J.A. Henckels launched a new range of manicure sets, adding to the growing variety of nail care paraphernalia now available to the well-groomed. With the new products, prices now vary from $10 for a simple nail file, underCHRIS LOH - 458 words
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instore
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Article, Illustration57 2004-07-31 18 Called tea caddies, these beautiful porcelain containers have another purpose besides holding your tea leaves. Take the lid off and they make pretty flower vases. Imported from Paris, they're part of the varied lifestyle artifacts and books at the newly opened THE LIFESHOP at Raffles City. These tea57 words
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Article, Illustration71 2004-07-31 18 MIKE CHUA - Compiled by MIKE CHUA Anton computer table in birch veneer from Ikea. It can hold any monitor up to 19 inches and comes with a pull-out shelf for keyboard and mouse pad and an adjustable shelf. Price: $169 (usual $298), thanks to the Ikea sale which71 words
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Page 18 Miscellaneous
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Miscellaneous201 2004-07-31 18 CRYPTIC CROSSWORD 30 Wind then fog painter left finally (7) 9 Re a x in the fresh air? (7,6) YESTERDAY'S SOLUTION 31 Make a pig of oneself and 15 London police get about Across: 1 Dimples, 5 Tautest, 9 do it thoroughly. (2,3,5,3) more than the Yard (5) Ostracism, 10201 words
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style pursuits/wine&dine
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Article, Illustration825 2004-07-31 19 CHEAH UI-HOON - personal space St Pierre's Emmanuel Stroobant and his wife lived without a kitchen for 5 years but the kitchen takes up 70% of their living room space now. He tells CHEAH UI-HOON why CHEAH UI-HOON A CHEF'S home is his kitchen. And kooky though it may sound,CHRIS LOH - 825 words
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Article, Illustration522 2004-07-31 19 Thien - gardener's log By Thien IT was an afternoon well spent: Our daughter Lyn loved the carrot cake at teatime, while the fabulous stands of Honeycomb Gingers got me drooling. In fact, we each found something delightful during a group outing last Saturday to aPHOTOS BY THIEN - 522 words
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Page 19 Advertisements
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Advertisement862 2004-07-31 19 wine&dine withweekendßT AIWO Food for Ufa Grand Ptaza Parkroyal famous Taiwanese Porridge spread, Asian specialities and eclectic spread at our Scrumptious Sunday Buffet. The wide 252 North Bridge Road, #02-20 Raffles City Shopping 10 Coleman Street. Tel: 6432 5543 over 50 items on the buffet table, the chef's special variety862 words
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style food
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Article, Illustration1341 2004-07-31 20 CHEAH UI-HOON - UK celebrity chef Gordon Ramsay unarms CHEAH UI-HOON with frank views on business, work and flying CHEAH UI-HOON SINGAPORE Airlines (SIA) must have given UK celebrity chef Gordon Ramsay known for his "short temper and colourful language" a really good deal for being on theirARTHUR LEE - 1,341 words
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559 2004-07-31 20 Cheah Ui-Hoon - By Cheah Ui-Hoon WHY can't one have decent food on an airplane? Because the worst thing you can do to food is to reheat it. And that, is essentially the problem, say the world's top chefs. It's not like food can be partially cooked,559 words
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Article, Illustration799 2004-07-31 20 Jaime Ee - By Jaime Ee EVER since he took leave of Les Amis's kitchens at the beginning of this year, Justin Quek hasn't been able to stay in one spot for long. It was like playing "spot the chef': first you'd hear of him cooking at sea onFILE PHOTO - 799 words
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Article, Illustration613 2004-07-31 20 JAIME EE - It will replicate a three Michelin-star dining experience in Raffles Grill with the help of Jacques Pourcel. JAIME EE reports JAIME EE THE idea of inviting threeMichelin star chefs to Singapore to do the occasional special promotion is not uncommon among top hotels here. But what613 words
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