The Business Times, 9 October 2004
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2004-10-09
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The Business Times
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Title Section19 2004-10-09 1 THE BUSINESS TIMES weekend MITA (P) 023/*****04 SINGAPORE 85 cents Octotxif 9-10 (XM odtrse at http: busmess-times.as*3l com sq19 words
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679 2004-10-09 1 WONG WEI KONG - OCBC, Keppel are among the converts, but there are also sceptics By WONG WEI KONG [SINGAPORE] It's to blab, squeal, sell out or rat. But after Enron, it took on a more respectable face as whistle-blowing, when people report wrongdoings within companies and organisations. And679 words
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Article134 2004-10-09 1 Dsn 2,004.30 (-1.89) ST INDEX FUTURES 2.008.00 (-2.00) siMsa 240.84 (-0.26) SIMSa FUTURES 241.60 (+0.80) MARKETS Friday Change KLSECOMP 861.08 -3.08 NIKKEI 225 11,349.35 -5.24 HANG SENG 13.241.46 -80.27 SET INDEX 676.15 +6.09 JAKARTA COMP 855.71 >5.89 MANILA COMP 1.836.47 -6.21 SEOUL COMP 881.38 -3.95 SHENZHEN B 251.25134 words
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Article39 2004-10-09 1 TOP STORIES PQI COMPANIES... IKS 4 5 UNIT TRUSTS PQS INVESTMENT PQ« SINGAPORE PQt NETWORK PQ9 ECONOMY IKS 10 FOREIGN P<s IM3 MOTORING mU WELLNESS PQU WINE DINE ....PQl$ HEALTH US 1*1? SHOPPING m IS PURSUITS P6IS FOOD39 words
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Article691 2004-10-09 1 JOYCE KOH - Its shares surge 13 cents before trading was halted By JOYCE KOH [SlNGAPOßE] Rumours are swirling that a mega deal involving SembCorp Logistics is on the cards, after the government-linked company and its parent called for a trading halt yesterday. SembLog stoked market talk that691 words
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527 2004-10-09 1 Bloomberg [KUALA LUMPUR] Malaysia may reassess its sixyear ringgit peg to the US dollar should China adjust its fixed exchange rate, Prime Minister Abdullah Ahmad Badawi said in an interview. "If China is going to revalue its yuan, then that's somethingBloomberg - 527 words
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Advertisement32 2004-10-09 1 MOTORING French city cars -hip and practical pg 14 MIX YOUR OWN ISIS siMnANmx>oaA%! Mjgs| (kfundalmekstiwilwii W I I a roix your and options to sufc your kwMnmiKii 1 I 8 Hi32 words
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Advertisement36 2004-10-09 1 FOOD Specialty seafood marts in S'pore are doubling as restaurants. PC 20 H FINDING DELLyM CEO Kevin RoHre on how they engineered acultu^translonwftiw^ttwwoiWsmost successfci computer campanyi Ikl^CMMni^K) ARNIE FOR The pros 'Hr and cons k mm36 words
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Advertisement19 2004-10-09 1 MESjk^ MITA (P) 023/*****04 -9 no, comes of age. pg CEO Oftwt lumis tuning outto be qute •Mkmlnr K«19 words
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TOP STORIES
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Article, Illustration667 2004-10-09 2 RONNIE LIM - BT exclusive It'll help China build strategic reserves; company also keen to raise SPC stake By RONNIE LIM [SINGAPORE] China Aviation Oil (CAO) has upped the storage capacity of its planned joint venture terminal on Jurong Island by almost 30 per centFILE PHOTO - 667 words
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661 2004-10-09 2 SHOEB KAGDA - By SHOEB KAGDA in Jakarta UK-BASED Standard Chartered yesterday beat three rivals with a bid of 2.77 trillion rupiah (*****.2 million) for a 51 per cent stake in Bank Permata, Indonesia's seventh-largest bank. The London-based bank's offer, made with Indonesian auto maker PT661 words
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Article, Illustration792 2004-10-09 2 ANTHONY ROWLEY - SATURDAY SOAPBOX Security was stifling at recent IMF-World Bank meet ANTHONY ROWLEY Tokyo Correspondent IT was, observed a colleague as we crossed Pennsylvania Avenue in Washington last weekend, "downright eerie". We were en route to the IMF building on792 words
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Article744 2004-10-09 2 Hyflux breaks into the Middle East market HYFLUX, the biggest listed company in the water-treatment business in Singapore, is going places. It is entering the Middle Eastern market by forming a 49:51 joint venture with Dubai-based Istithmar, an investment holding company linked to the government of the United744 words
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Advertisement59 2004-10-09 2 Incorporation services in ail 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:59 words
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Advertisement19 2004-10-09 2 Recruit the one you want for any position you have Call **********2 or email rtavit@spb.com.sg for your recruitment solutions19 words
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RAFFLES CONVERSATION
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Article, Illustration1853 2004-10-09 3 KENNETH JAMES - Leading by example is a humbling but ultimately rewarding experience for Dell CEO Kevin Rollins. He shares some thoughts with KENNETH JAMES KENNETH JAMES THE spectacular success of computer maker Dell Inc is well known. Founded by a teen-aged Michael Dell in a college dorm in 1984,CHRIS LOH - 1,853 words
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Article917 2004-10-09 3 IN a business noted for rivalries even within corporations, the close working relationship between CEO Kevin Rollins and chairman and founder Michael Dell stands out like a beacon. Says Mr Rollins: "Today when we run the company, we run it together. We've concluded that we917 words
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Advertisement81 2004-10-09 3 The Raffles Conversation is brought to you S through a special arrangement with Raffles 1 J I International Hotels and Resorts. The I VJ I I Traveller's Palm in the Raffles International -i-V/L/ l o g o is an apt symbol. Not only has water INTERN AT IO NA L81 words
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COMPANY NEWS
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Article, Illustration625 2004-10-09 4 JEAN CHUA - Joint venture also allows partner to acquire stake of up to 20% in Hyflux Reports by JEAN CHUA HYFLUX chief executive and president Olivia Lum is turning out to be quite a deal-maker. The breakthrough deal in the United Arab Emirates announcedFILE PHOTO - 625 words
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252 2004-10-09 4 HYFLUX has come a long way since its listing in January 2001. It started on the Sesdaq board and moved to the mainboard in April 2003. In the past six months alone, it has nabbed several contracts in China, including one of the252 words
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Article, Illustration487 2004-10-09 4 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent ON the one hand brokers this week continued to issue upbeat forecasts for the local market and equities in general. On the other hand, oil prices climbed relentlessly to new heights and there are widespread487 words
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Article, Illustration802 2004-10-09 4 KENNETH LIM - CORPORATE ANALYSIS New entrants from Hong Kong into mature industry may mean little room for growth for local players, says KENNETH LIM KENNETH LIM SINGAPORE'S corporate services outsourcing industry recently got a jolt of life with the entrance of two major Hong Kong802 words
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535 2004-10-09 5 CHEN HUIFEN - It expects marine, electronics sectors to boost Q4 profit by at least 5% By CHEN HUIFEN ST Engineering yesterday projected a fourth-quarter profit growth of at least 5 per cent, following a good run in the third-quarter when the group beat535 words
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Article, Illustration413 2004-10-09 5 WONG WEI KONG - By WONG WEI KONG THE Singapore Exchange (SGX) saw its first-quarter earnings drop 23.5 per cent as difficult market conditions globally led to cautious investor sentiment. "This has clearly had an impact on our securities business, resulting in lower trading value and volume413 words
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COMPANY BRIEFS
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75 2004-10-09 5 CITING higher advertising revenue in a rebounding economy, analysts polled by Reuters expect media group Singapore Press Holdings (SPH) to report on Monday a 20 per cent rise in fourth-quarter net profit to $50.7 million. They also75 words
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43 2004-10-09 5 SINGAPORE Technologies Engineering's marine arm ST Marine has won a contract worth about $20 million from Kuwait's Ministry of Interior to design and construct a landing supply craft for expected delivery in Q4 2005.43 words
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76 2004-10-09 5 SINGAPORE Airlines, operator of the world's longest commercial flight, is considering a plan to buy a version of the 7E7 aircraft that can fly more than double the range of the model it rejected in August, said Boeing yesterday. SIA dropped the 7E7-30076 words
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101 2004-10-09 5 SINGAPORE Power has hired Australia New Zealand Banking Group, National Australia Bank and Westpac Banking to manage the sale of domestic Australian bonds to help refinance a As7so million (***** million) loan it arranged for the U553.72 billion purchase of TXU101 words
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72 2004-10-09 5 PSC Corp has struck a deal to buy 51 per cent of Innoform Media Pte Ltd for about $2.8 million. The purchase, through wholly-owned subsidiary Education Solutions International (ESI), will be funded from placement proceeds. The vendor72 words
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67 2004-10-09 5 CASA Holdings said yesterday that LG Electronics, as part of its regional policies, has decided to withdraw the distributorship of LG products from two of Casa's wholly-owned subsidiaries—with effect from January next year for mobile phones and April 2005 for consumer electronics67 words
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135 2004-10-09 5 AUSTRALIAN casino operator Lasseters International Holdings, which is listed on Sesdaq, says it will buy its sixth gaming property in Adelaide for A 54.5 million (555.5 million), and hopes to acquire about four more by June next year if opportunities arise.135 words
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125 2004-10-09 5 LINKS Island Holdings has inked a deal with controlling shareholder Low Tuck Kwong's Manhattan Investments in which Manhattan will inject coal-mining assets into Links for 71 million shares at 38.9 cents each and at least $2.65 million in cash, or about $30.3125 words
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Article34 2004-10-09 5 UNIT TRUSTS FUNDS LEGEND:All prices are indicative;Broadly Diversified; Narowly Focused;$ Lower Risk;^ Low to Medium Risk;& Medium to High Risk;** Higher Risk;open-ended;+Before subdivision of units;After subdivision of units;SP after stock split N.A-Non Dealing Day34 words
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Advertisement5 2004-10-09 4 Swiss Private Banking since 18415 words
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Page 5 Advertisements
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Advertisement16 2004-10-09 5 IPIMCO Global Real Return Fund rated 5-star by Mercer Investment Consulting Aiiianz (fij) Dresdner Asset Management16 words
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PERSONAL INVESTMENT
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Article551 2004-10-09 6 KENNETH LIM - Compiled by KENNETH LIM Small caps CREDIT SUISSE FIRST BOSTON, Oct 8 WE downgraded small caps in late April on tighter monetary policy and rich valuations. With improving liquidity conditions and significant underperformance, it is now time to revisit the sector. The Singapore dollar NEER (nominal effective exchange551 words
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TRADES TO WATCH
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96 2004-10-09 6 FUND manager CM Investment Advisers became a substantial shareholder of mainboard-listed Daka Designs on Thursday after it bought 2.1 million shares on the open market at about 10.9 cents apiece. CM's stake now stands at 5.48 per cent from 4.79 per cent previously. Shares96 words
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143 2004-10-09 6 BRITISH venture capital firm 3i Group sold its entire 5.66 per cent stake in Broadway Industrial Group on Wednesday. A day later, Broadway executive director Lee Po Lo, also known as Lee Khong Kee, and his wife sold 50,000 shares each on143 words
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84 2004-10-09 6 PROGEN Holdings non-executive director Johnlin Yuwono's deemed stake was pared to 7.27 per cent from 7.93 per cent on Tuesday after his 50 per cent-owned Yong Kang international sold 1.8 million shares at 17 cents apiece in a married deal. His partner in84 words
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74 2004-10-09 6 KENNETH LIM - Compiled by KENNETH LIM SINGAPORE Technologies' deemed shareholding in United Test and Assembly Center (Utac) was pared to 5.98 per cent from 6.94 per cent after 8.1 million shares were sold on the open market on Tuesday. Singapore Technologies units—Vertex Venture Holdings and Ellensburg74 words
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Article995 2004-10-09 6 For week beginning Oct 4 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Subsantial Buy No of Price SHAREHOLDING Tram Shareholder Sell Shores Per Before After Stotfc Dote Director Conv 000 Shr S OOO; 000_ Broadway Ind 6-Oct-C>4 JNC ft Wong Invest Buy 7919 0.38 3500 2.37 ***** 7.72 Lifebrandz 60ct-04995 words
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Article, Illustration1411 2004-10-09 6 TEH HOOI LING - SHOW ME THE MONEY Bewildered by calls and puts? Heard of strangle trading strategy? Then look no further TEH HOOI LING Senior Correspondent EARLIER this year, we touched on the basics of warrants in this column their payoffs, what determines their pricing, and so on.Compiled by BT - 1,411 words
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Page 6 Advertisements
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Advertisement120 2004-10-09 6 Discount coupon for Show Me the Money THE Business Times turned 28 on Oct 1. And as part of our birthday celebrations, we're giving a 20 per cent discount on a great book that'll help make you a I smarter investor. Show Me the Money, A by BT senior correspondent120 words
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DBS INVESTMENT ROUNDTABLE
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Article, Illustration2436 2004-10-09 7 NEIL BEHRMANN - NEIL BEHRMANN rounds up opinions on the outlook for European economies and stock markets NEIL BEHRMANN OVERVIEW: The three-year European bear market ended in March 2003 and was followed by a major rally. Since the spring of this year, however, European markets have been mainly trading sideways. In2,436 words
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Advertisement41 2004-10-09 7 8 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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SINGAPORE NEWS
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Article, Illustration482 2004-10-09 8 GENEVIEVE CUA - Ng Soo Nam leaves award-winning firm to join Korean set-up By GENEVIEVE CUA STAR fund manager Ng Soo Nam will leave Schroder Investment Management for a Korean asset management firm. Mr Ng is well known as the lead manager of the Schroder Singapore Trust, which482 words
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319 2004-10-09 8 NANDE KHIN - IE S'pore launches online tool to boost better use of design By NANDE KHIN PRODUCT design is becoming increasingly important as a key differentiator for home-grown companies venturing overseas. In view of this, IE Singapore has launched a new initiative to help these319 words
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276 2004-10-09 8 THE next time you are catching a flight from Changi Airport Terminal 2, don't be surprised to see picture displays of products on giant panels in the departure/transit lounge. Advertisements they are not. They are actually exhibits in the "Made in Singapore Gallery" launched276 words
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SINGAPORE ROUNDUP
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107 2004-10-09 8 PRUDENTIAL has appointed a new chief executive for Singapore, Kevin Wright, who until recently was the firm's general manager. Mr Wright replaces Ed Navarro, who was promoted in May to senior director of Prudential Corporation Asia's life insurance operations, overseeing life107 words
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110 2004-10-09 8 AFP THE $240 million renovation ofChangi Airport's Terminal Two is on track and scheduled to be completed in 2006, Transport Minister Yeo Cheow Tong said yesterday. Work to upgrade the 14-year-old building's looks, layout and facilities is 40 per cent complete, heAFP - 110 words
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92 2004-10-09 8 THE Finance Ministry (MOF) has accepted 10 suggestions, out of 20 received in a consultation exercise in July/August, to amend the draft Goods Services Tax (Amendment) Bill 2004. These largely sought clarification on the interpretation of the amendments to the zero-ratings92 words
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117 2004-10-09 8 A 99-year leasehold site at Handy Road near the Dhoby Ghaut MRT station will be put up for tender after a minimum bid of $9.4 million was received. At $9.4 million, this works out to a land cost of117 words
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NETWORK SINGAPORE
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Article, Illustration990 2004-10-09 9 JONATHAN YAP - LETTER FROM BANGALORE A posting to India is not a stroll in the park but neither is it hardship. With an open mind, you can make it work, says JONATHAN YAP JONATHAN YAP WHEN I decided to accept a posting in India with Ascendas, I was990 words
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Article3923 2004-10-09 9 Transaction date: Oct 8 STRAITS TIMES INDEX STOCKS Stock name Wt doM Chang* Stodmamc Wt Oom Chang* Stock nam* Wt Ooaa Chang* Allgreen50c 0.30 1.080 -0.020 HKLandUSIOc 2.76 2.060 *0.020 ST Engg 10c 1.66 2.1S0 *0.030 BIL Intl US20c 0.46 0.990 +0.005 Haw Par Corp 0.47 5.000 STATS ChipPAC3,923 words
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Advertisement29 2004-10-09 9 All overseas Singaporeans working or studying abroad are invited to share their experiences with readers on our Network Singapore page. E-mail your contributions to btletter@sph.com.sg. Photos are welcome too.29 words
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ECONOMY WATCH
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Article, Illustration571 2004-10-09 10 It will cut taxes for firms repatriating funds and generate more FDI inflow Reuters [NEW YORK] The dollar may get a sustained boost from inflows sparked by a corporate tax bill that could be signed into law soon, currency analysts said. TheReuters; AFP - 571 words
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385 2004-10-09 10 AFP [ZURICH] China and India will be at the forefront of a booming multi-bil-lion dollar insurance business in emerging markets in the coming decade, a study by the reinsurer Swiss Re said on Thursday. The world's most populous countries dominate the growth in emerging markets,AFP - 385 words
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508 2004-10-09 10 Bloomberg [WASHINGTON] US consumers cut their borrowing by US$2.4 billion in August, the biggest drop in almost 14 years, amid soaring energy prices and pessimism about job growth. A reduction in credit card charges led the decline in non-mortgage borrowing, which followed aBloomberg - 508 words
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Article, Illustration590 2004-10-09 10 Reuters [TOKYOI The Bank of Japan (BOJ) is expected to indicate at a two-day policy-setting meeting next week that it sees deflation receding but remains cautious about raising interest rates anytime soon. The central bank is seen maintaining its current "quantitative" easing stance ofReuters - 590 words
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265 2004-10-09 10 Reuters [KUALA LUMPUR] Malaysia stuck by its outlook for stronger economic growth and low interest rates yesterday, despite soaring oil prices threatening to dent global demand for the country's exports. "Our GDP (gross domestic product) growth of 7 per cent for this yearReuters - 265 words
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Page 10 Advertisements
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Advertisement1102 2004-10-09 10 i:i:iwtMM.w.i I NH CERAMICS LTD (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of the Company will be held at 1 3 Tuas Avenue 8 Jurong Industrial Estate Singapore *****7 on 25 October 2004 at 10.00 a.m. to transact the folk)wing business: ORDINARY1,102 words
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Advertisement497 2004-10-09 10 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER Of SP ft L CONSULTANCY PTE LTD I Incorporate*! lit Singapoft) (In Members Voluntary Liquidation) At an Extraordinary General Meeting of the Members of SP ft L CONSULTANCY PTE LTD convened and held at 138 Prinsep Street497 words
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MALAYSIA/INDONESIA
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Article, Illustration646 2004-10-09 11 Govt may allow more foreign investment in sector Bloomberg [KUALA LUMPUR] Malaysian Premier Abdullah Ahmad Badawi will encourage the country's banks to merge as part of the biggest shake-up of the industry in four years, to prepare for increased competition from overseasBloomberg - 646 words
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Article456 2004-10-09 11 US$2.4b project will be finished by 2007, he says Bloomberg [KUALA LUMPUR] Malaysian Premier Abdullah Ahmad Badawi said the government plans to finish the US$2.4 billion Bakun Dam by 2007, quelling speculation that the biggest surviving project of predecessor Mahathir Mohamad will be scaledBloomberg - 456 words
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Article, Illustration333 2004-10-09 11 AP. Bloomberg [JAKARTA] President-elect Susilo Bambang Yudhoyono yesterday promised stronger economic growth and more legal certainty, and predicted a "beautiful period" for Indonesia if the government and business leaders could work together. In his first speech since election results were released on Monday,AP.; Bloomberg; AP - 333 words
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212 2004-10-09 11 Bloomberg [JAKARTA] PT Telekomunikasi Indonesia (Telkom), the country's biggest publicly traded company, plans to spend US$l.2 billion next year to expand its telephone networks, betting demand will increase as the new government lures more investment. Telkom may invest half the money to almost tripleBloomberg - 212 words
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Article, Illustration426 2004-10-09 11 Bloomberg [KUALA LUMPUR] Malaysia will pay analysts to research up to 200 more companies listed on the Kuala Lumpur stock exchange to boost trading, following a similar Singapore incentive plan introduced last month. Only 10 per cent of Malaysia's 900 publicly tradedBloomberg; BLOOMBERG - 426 words
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GREATER CHINA/INDIA
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334 2004-10-09 12 Bloomberg JNEW DELHI] India expects t textile exports to rise when quotas are abolished j£)»et the end of this year Vpiecause local companies *>will be able to take advantage of their skills in converting fabric into garments. The government didn't sayBloomberg - 334 words
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420 2004-10-09 12 S'pore banks and Temasek likely to be on list of groups invited, says FT AFP [BEIJING] China Construction Bank (CCB), one of the mainland's big four stateowned commercial banks, has contacted some of the world's largest financial groups to invite them toAFP - 420 words
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Article, Illustration647 2004-10-09 12 Reuters [BANGALORE] Ten years ago, an Indian watchmaker had visions of becoming the first Indian global brand. In 1995-97, Titan Industries spent millions of dollars to launch its watches in 14 European countries. But the campaign failed as European consumers cold-shouldered theReuters; REUTERS - 647 words
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211 2004-10-09 12 Reuters [HONG KONG] Hong Kong's dominant fixed-line phone company PCCW is preparing to add widespread Internet telephone capability to its network, with an eye to launching the service next year, according to an industry source. The move would parallel similar actions by manyReuters - 211 words
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345 2004-10-09 12 Bloomberg [HONGKONG] Hutchison Whampoa Ltd, controlled by Hong Kong billionaire Li Ka-shing. said it will post HK$3.5 billion (*****.3 million) profit from the initial public offering of its phone businesses. That is less-than-expected after the shares were priced at the bottom ofBloomberg - 345 words
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ASIA-PAC/WORLD
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Article, Illustration818 2004-10-09 13 CHRISTOPHER REED - Arnie for president LIGHT REED While popular as governor, the former actor may not be right for the top job CHRISTOPHER REED THE man they call "the Governator" was elected to govern California a year ago last Thursday, and already there is talk of Arnold Schwarzenegger for president of theREUTERS - 818 words
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461 2004-10-09 13 RAJU CHELLAM - It plans to exit from US residential telecom business as profits nosedive By RAJU CHELLAM [SINGAPORE] US telecoms giant AT&T Corp confirmed that it is cutting 7,400 more jobs this year and that the job cuts may have some impact on its461 words
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Article, Illustration538 2004-10-09 13 Bloomberg [BRUSSELS] Parmalat Finanziaria SpA chairman Enrico Bondi has sued Bank of America Corp for damages, seeking to recover more than US$lO billion he alleges was "diverted, squandered or taken" from the foodmaker, which collapsed in December in Italy's biggest bankruptcy. The third-largest US bankBloomberg; AP - 538 words
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424 2004-10-09 13 LATEST US DATA Bloomberg Reuters. [WASHINGTON] US businesses added 96,000 jobs to payrolls in September, the government reported yesterday, a weaker-than-expected total that was expected to sharpen a presidential debate later in the day over the economy's direction. The Labor Department report,Bloomberg; Reuters. - 424 words
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179 2004-10-09 13 Bloomberg [WASHINGTON] Federal Reserve chairman Alan Greenspan praised predecessor Paul Volcker's decision 25 years ago to raise interest rates as a "defining moment" that helped the Fed attack inflation. The Fed's actions on Oct 6,1979, eventually led to a recession, unemployment rates exceeding 10Bloomberg - 179 words
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WORLD WATCH
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76 2004-10-09 13 Reuters [LONDON] Oil prices held near record highs yesterday even though oil unions in Opec member Nigeria said a two-day wildcat strike would pass without any impact on exports. US light crude slipped 11 US cents by 1030 GMT to U5552.56 a barrel, afterReuters - 76 words
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59 2004-10-09 13 Bloomberg [PRINCETON, New Jersey] Dell Inc is voluntarily recalling 990,000 power adapters for use with its notebook computers because they may catch fire or cause shocks, the US Consumer Product Safety Commission said. Customers should stop using the AC adapter provided with certain Dell Latitude,Bloomberg - 59 words
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98 2004-10-09 13 Reuters 0 [PARIS] Companies will spend more money next year on information technology and other capital investments compared with 2004, the CEO of International Business Machines Corp, said yesterday. Sam Palmisano, speaking at an IBM customer event, said capital spending byReuters - 98 words
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102 2004-10-09 13 Reuters [AMSTERDAM] Crashing prices of thin display screens and slower consumer spending on electronic goods are expected to hold back third-quarter sales and profit gains at Philips Electronics, analysts said. A Reuters poll of 20 analysts forecasts an operating profit of 377 million eurosReuters - 102 words
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Page 13 Advertisements
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Advertisement37 2004-10-09 13 ETitTl 8 Lianhe Zaobao I China's banking I sell-service I equipment I market will be I world's largest I by 2007, I says CEO of I Chinese ATM maker I a 7 ***** ft ft jsiimsiiigg I37 words
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MOTORING
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Article, Illustration778 2004-10-09 14 SAMUEL EE - Three French carmakers have come up with personal cars that zip around with panache. SAMUEL EE reports SAMUEL EE URBAN transport has finally become both hip and practical, and it's all thanks to a bit of French flair. At the recent Paris Motor Show, the three French automakers778 words
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Article, Illustration596 2004-10-09 14 WILLIAM WHEY - By WILLIAM WHEY TRUE audiophiles today expect in-car audio performance to match the performance levels of their home entertainment systems. For this group of enthusiasts, Pioneer has created a new range of reference class car audio products. Using leading edge optical digital reference (ODR) technology paired with specialty596 words
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BRAVE NEW WHIRL
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Article111 2004-10-09 14 IN a new side impact crash test, the Insurance Institute for Highway Safety (IIHS) this week gave four cars a "best pick" result. They are the 2004 Saab 9-3,2004 Lexus ES 330,2005 Mitsubishi Galant and the 2004 Acura TL, which is based on the Honda111 words
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Article, Illustration170 2004-10-09 14 HONDA has launched the fourth generation of the Legend and this time, it looks like the flagship saloon will finally have the drivetrain to match its sporty aspirations. The new car has ditched its previous front-wheel-drive layout for full-time four-wheel-drive. Honda says the A WD system is tuned170 words
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Article102 2004-10-09 14 TWO unique visualisation centres have been built by Volkswagen at a cost of 20 million euros (5541.5 million). Atone centre, VW engineers used 3D technology- to display life-size vehicles and watch how light and shadow fall on the vehicle surface. Even realistic shadows, refractions of light102 words
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Article, Illustration92 2004-10-09 14 SAMUEL EE - Compiled by SAMUEL EE EIGHT years after Porsche first launched its Boxster model, the German sports car company has unveiled the second generation of the mid-engined roadster. Almost 80 per cent of the car is new. The interior has been modernised and will have the new 911 's92 words
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WELLNESS
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Article, Illustration1081 2004-10-09 15 CHEAH UI-HOON - At Shangri-La's Chi spa in Bangkok, treatments that have their roots in the Chinese concept of the balance of ying and yang leave CHEAH UI-HOON feeling cleansed and invigorated CHEAH UI-HOON COMPARED to renowned spas in hotels like the Aman resorts and the homegrown Banyan Tree marque, it1,081 words
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Page 15 Advertisements
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Advertisement824 2004-10-09 15 WiOG&din© withwsBfcendBT 252 North Bridge Road, *02-20 Shop- §02-02 Tanglin Shopping Centre, Tanglin Road, 7500A Beach Road rnore. 11.30»mto3fOT,Dirmen6pnrto10pm Free pingCentre. Tel:*****669 Tel: 987$ 2899,9768$! 70. hospitality room (mini 0 persons) To reward every AIWO believer, AJWO is sponsoring health ei,i and Foe Creek Wine Tasting-Two great first time, the824 words
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HEALTH
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Article, Illustration881 2004-10-09 16 CHEN HUIFEN - Counselling and nutritional supplementation are easier methods to correct children's eating disorder, says CHEN HUIFEN CHEN HUIFEN DO you enter a battlefield at each meal time, trying to cajole your toddler into finishing the food assigned to him? If you do, don't881 words
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Article721 2004-10-09 16 your health questions answered I refer to your article of Sept 18 on breast cancer. How do you manage patients with late stage, incurable breast cancer? How long can these patients live? What are the ways to prolong life in such patients? -Ivy Chan Advanced breast cancer patients are721 words
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Article, Illustration1125 2004-10-09 17 TAN SU YEN - TAN SU YEN explains why bringing home an IVF baby is a delicate question of timing and chances TAN SU YEN SINCE Singapore's first test tube baby was born 21 years ago, InvitroFertilisation (IVF) has offered childless couples hope for a baby of their own,CHRIS LOH - 1,125 words
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319 2004-10-09 17 TAN SU YEN - By TAN SU YEN AT what point should a childless couple seek help to get pregnant? The answer is one year, according to Prof S C Ng, consultant obstetrician and gynaecologist, Parkway Hospitals Singapore. "If a healthy couple under 35 have been319 words
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Page 16 Advertisements
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Advertisement71 2004-10-09 16 i^J^mfi ffIHUKI^H A stylish mini-fridge is yours (while stocks last) if you subscribe to The Business Times. I«~~ *js=- met Plus, you'll enjoy 10% off when you sign up for one year at $19.90 per month*, j To subscribe, call 6388 3838. It's the smartest decision you'll ever make. I71 words
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Advertisement27 2004-10-09 16 If you haw any health-related questions, e-mail mrc6paitway.com.sfc fax: 6732-6733, or write to MRC, Parkway Group Healthcare Pte Ltd, 302 Orchard Road, Tonq Building #16-01/02/03, Singapore *****227 words
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Page 17 Advertisements
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Advertisement381 2004-10-09 17 »"The International Healthcare Provider of Choice With A Passion for People pXI Every ye&r, over 200,000 petients from Asia's premier fully integrated healthcare provider Largest regidnal networkdf private hospitals and 150 countries come to Singapore for healthcare services tertiary care. Over 60% of them are Memational Referral Centre tor total381 words
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SHOPPING
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Article, Illustration695 2004-10-09 18 CAT ONG - Beyond Topshop and Paul Smith, new London labels are headed this way, reveals CAT ONG who breezed through the recent London Fashion Week with young S'pore retailers CAT ONG BRING up the subject of London style, and tai tais about town will immediately roll out names like Paul Smith,AFP, REUTERS PHOTOS - 695 words
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Article, Illustration850 2004-10-09 18 NEXT month, Ashley Isham from Singapore will open his second multi-label aQuaint store off Bond Street, opposite the iconoclastic Vivienne Westwood flagship store on Conduit Road. Retailing from such premium retail space, his name is finally about to gain maximum exposure internationally. But who is he, many850 words
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Article121 2004-10-09 18 MIKE CHUA - Compiled by MIKE CHUA Raffles City: Enjoy complimentary coffee/tea and free first hour parking everyday at Raffles City Shopping Centre, just by using your Citibank Credit Card to shop. More details at Raffles City Shopping Centre, Citibank Rewards Hub, Level 1. Funan IT Mall: Calling all Wi-Fi users121 words
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Article493 2004-10-09 18 ACCORDING to last year's must-read fashion tome, The Devil Wears Prada, the omnipotent British-born editor of the leading New York fashion magazine in it "always skips London, like everyone does". If this is fiction based on fact, the British fashion establishment is fighting back ferociously this year493 words
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DESIGN
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Article, Illustration1193 2004-10-09 19 GEOFFREY EU - PERSONAL SPACE Forget swanky designer trappings. Old is gold for top-notch lensman Russel Wong, whose house exudes an easy-going charm that makes his subjects feel right at home. GEOFFREY EU has a peek inside the cosy, eclectically decorated property GEOFFREY EU AS a professional lensman whose fortePHOTOS BY ARTHUR LEE - 1,193 words
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Page 19 Advertisements
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Advertisement617 2004-10-09 19 FALMAC LIMITED (Company Registration No. *****3718R) (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM") of Falmac Limited (the "Company") will be held at Jurong Country Club, Reus 2, 9 Science Centre Road, Singapore *****8 on 25 October 2004 at 4.00 p.m. for617 words
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FOOD
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Article, Illustration1800 2004-10-09 20 These three seafood markets try to ensure that, or its closest equivalent, by offering catches from Japan, Australia and Europe to take home or enjoy at their restaurants Sakuraya Fish Mart Ginza Plaza #01-06/07,154 West Coast Road. Tel: 6773 6973 Sakuraya Sashimi House Ginza Plaza #01-04/05.CHRIS LOH; ARTHUR LEE - 1,800 words
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Page 20 Miscellaneous
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Miscellaneous133 2004-10-09 20 j CRYPTIC CROSSWORD _J eac er rom lta ian 26 Show of humour when em- PV——l^l——VV--— 28 (8) P C aSS S^ 0t but qU te mad 27 Putting the heacf in charge is ——I^^— 30 Succulent vegetable in bloom Across: 1 Damnation, 9 Monkey, 1 1 L— 10 Stuttered,133 words
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