The Business Times, 5 November 2004

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Total Pages: 32
1 32 The Business Times
  • 9 1 THE BUSINESS TIMES online lACA(F)Q23A3OQO4 SMGAPORESSoMI Frktoy November 5,2004
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  • 651 1  -  BT exclusive Analysts see Net telephony sparking local price war By RAJU CHELLAM [SINGAPORE] Companies will be able to slash the cost of international phone calls and tele and video conferencing with a new service from Star Hub and US
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  • 538 1  -  Investors refocus on fundamentals, ponder impact of Bush win By ANDREW MARKS in New York REALITY caught up with Wall Street yesterday morning after the euphoria of Wednesday when the market floated on news of President George W Bush's re-election. With the party
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  • 172 1 [SINGAPORE] President S R Nathan and Prime Minister Lee Hsien Loong yesterday sent congratulations to US President George W Bush on his re-election. The President said he was most heartened by Mr Bush's clear determination to press on with the global war against terrorism. In
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  • 139 1 STI 2,010.65 (-6.78) ST INDEX FUTURES 1.996.00 (unch) siMsa 241.01 (-1.14) SIMSa FUTURES 242.10 (-1.30) MARKETS Thursday Change KLSECOMP 872.02 -M3 NIKKEI 225 10.946.27 +58.46 HANG SENG 13.369.09 -28.58 SET INDEX 639.13 -2.16 JAKARTA COMP 888.34 -2.03 MANILA COMP 1.820.11 -7.11 SEOUL COMP 851.20 -9.85 SHENZHEN B 222.69
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  • 50 1 TOP STORIES ...PG 2,3 COMPANIES PG 4,6,8.9 MARKETS PG 10 SINGAPORE PG 11,12 ECONOMY PG 13 MALAYSIA PG 14 INDONESIA PG 14 CHINA PG 15 INDIA PG 15 ASIA-PACIFIC.. PG 16 WORLD PG 16 AVIATION PG 17 SHIPPING PG 18 EDITORIAL ..PG 20,21 STOCKS PG 22,23 LIFESTYLE ...PG 28-32
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  • Page 1 Advertisements
    • 17 1 f 'Jk PASSION wW TTieeodiairmanof DMX Ttedmologies is one serious PG3O Maui faro nf new race of
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    • 11 1 MANUFACTURING Sharp deterioration in outlook for S'pore industry pgh 8 HI
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    • 144 1 WORLD ECONOMY Mogul Stanley's chief economist is very worried pg 13 SINGTEL SHARES Itemasek to place out 340 m of the telco's shares PG4 1 k v ishares his C— A jjpjl* SDH /^H JBk L.U.C TWIN Outstanding design for exceptional precision L.U.C TWIN. Self-winding chronometer, double spring barrel L.U.C
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  • TOP STORIES
    • 505 2  -  Strong jobs number may enable selling at better levels, say analysts By LARRY WEE [SINGAPORE] The US dollar fell sharply overnight despite the American stock market rallying on confirmation of a second term for President George W. Bush. And worse still, currency
      Source: Reuters  -  505 words
    • 648 2  -  Bush's handling of US economy. Middle East crucial By RONNIE LIM [SINGAPORE] Oil markets are watching to see how reelected US President George W Bush handles the economy and whether he maintains his hardline Middle East stance for clues on where oil prices will
      648 words
    • 577 2 Temasek to place out 330-340 m Sing Tel shares PROMPTED by the strong demand for Singapore Telecom shares as a result of the telco's healthy second-quarter results, Temasek Holdings said yesterday it is placing out 330-340 million Sing Tel shares representing a stake of about 2 per cent.
      577 words
    • 595 3  -  COMMENTARY R SIVANITHY Senior Correspondent IF YOU were to read most news reports, you might form the impression that the stock market is over the moon with US President George W Bush's re-election. Republicans, it is often said, tend to favour market-friendly policies,
      595 words
    • 533 3  -  By CHEN HUIFEN [SINGAPORE] Singapore is emerging as a manufacturing location for specialty ingredients with the latest announcement by Tate Lyle pic to open a £97 million (***** million) plant here. The plant will produce a sucralose product called Splenda, a no-calorie sweetener
      533 words
    • 146 3 [SINGAPORE] The Elections Department yesterday said the registers of electors at all 23 electoral divisions here have been certified and there are now more than 2.1 million names in them. Of these, 420 are from overseas. They will be able to vote at
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    • 206 2 HHH Cdltot4ne 1800 289 8822 ilHTfflffk raiil wrtrntipli rw n NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ICF CONSULTING RESOURCES PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the Final General Meeting of the abovenamed Company
      206 words

  • Page 3 Advertisements
    • 175 3 IN KUALA LUMPUR IN JOHOR BAHRU Location Near to Kuala Fronting Jalan Kangkar Tebrau, off Lumpur City Centre Jalan Tebrau. Within Johor Bahru (KLCC), Fronting Jalan municipality and near to end of Semarak, Kuala Lumpur. North-South Highway. Lot No 228 ***** Land Area 6.388 acres 18.031 acres (278,299 sq.ft.) (785,464
      175 words

  • COMPANY NEWS
    • 715 4  -  Placement of 330m-340m shares comes as telco reports 62% jump in Q2 earnings By ANGELA TAN PROMPTED by the strong demand for Singapore Telecom shares as a result of the telco's healthy second-quarter results, Temasek Holdings said yesterday it is placing out 330-340 million
      715 words
    • 584 4  -  HOCK LOCK SIEW By ANGELA TAN SO, SINGAPORE Telecommunications has posted better-than-expected results for its second quarter. Its shares yesterday rose 3 per cent to $2.49 before easing on profit-taking to close at $2.45. That's a rise of three cents from Wednesday, and trading
      584 words
    • 359 4  -  By RAJU CHELLAM SINGAPORE-BASED Pacific Internet (PacNet) reported a doubling in third-quarter earnings its 11th consecutive quarter of profitability and said it will offer data security services to help corporate customers manage online security risks during the fourth quarter. The Nasdaq-listed company, an associate
      Source: Bloomberg  -  359 words
    • 481 6  -  Property arm MCL Land's earnings surge 73% to US$5.8m By SAMUEL EE and KALPANA RASHIWALA A STRONG performance from Indonesian unit Astra including its gains from the sale of a coal mine provided Jardine Cycle Carriage with a 15 per cent rise in net
      481 words
    • 461 6 Net income shoots up to £8.9m from £2.9m in Sars-hit 2003 Bloomberg [DUBLIN] Millennium Copthorne Hotels Pic, the British company that sold half of New York's Plaza last month, said third-quarter profit tripled as its US, UK and Asian hotels benefited
      Bloomberg  -  461 words
    • 325 6  -  By JOYCE KOH SINGPU Chemicals is certainly concocting a potent growth formula as it yesterday announced a triple-dig-it gain in third-quarter revenue and earnings. The company, the largest ion-membrane chlor-al-kali producer in Jiangsu Province and the third largest in China, said
      325 words
    • 332 8  -  Second-quarter's revenue dives 54% and net loss swells to $26.7m By KENNETH LIM INFORMATICS Holdings' 54 per cent revenue plunge and sharply widened loss for its second quarter prompted new chief executive Michael Teng to describe the results as "disappointing". "The business environment will continue to
      332 words
    • COMPANY BRIEFS
      • 67 8 SINGAPORE Exchange and global index provider FTSE Group has signed a memorandum of understanding to explore the creation of internationally recognised indices for the Singapore and regional markets. The two will undertake a consultative study on the feasibility of introducing indices for the trading
        67 words
      • 93 8 Reuters INDONESIA said it has sold a 10 per cent stake in the country's fifth-largest bank, PT Bank Danamon Tbk, to raise more than 1.7 trillion rupiah, aimed at helping cover the state budget deficit. Singapore's Temasek Holdings is a majority owner of Bank
        Reuters  -  93 words
      • 63 8 BOUSTEAD Singapore Limited's subsidiary, Boustead Projects Pte Ltd, has secured contracts totalling about $90 million for industrial developments in Singapore with a total area of about 150,000 square metres. The projects are expected to have a positive material impact on the profitability and earnings
        63 words
      • 38 8 ACCORD Customer Care Solutions Limited's wholly-owned subsidiary, Accord Customer Care Solution (Asia), has signed a memorandum of understanding relating to the acquisition of an after-market service provider in mainland China.
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      • 65 8 PAN United Marine posted a Q3 loss of $8 million, against a net profit of $1.5 million a year ago. Revenue went up 53 per cent to $53.7 million. The group said the loss arises from a $12.6 million provision for a vessel
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      • 34 8 STAMFORD Land Corp said its half-year net profit fell 8.5 per cent to $3.6 million. For the six months ended Sept 30, revenue dropped 17.5 per cent to $105 million.
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      • 67 8 SINGAPORE Shipping Corp's net profit rose 161 per cent in Q2 to $6.1 million, from $2.3 million a year ago. For the three months ended Sept 30, the group saw a 27.1 per cent jump in revenue to $26.5 million. This brings its half-year
        67 words
    • 378 8  -  By RAJU CHELLAM MAINBOARD-LISTED Frontline Technologies Corp's net profit surged 42.4 per cent in its first-half year, helped by strong growth in infotech services and overseas operations. The year-on-year earnings rise which came as revenue jumped 28.5 per cent to $67.5 million brought
      Source: Bloomberg  -  378 words
    • 371 8  -  By CHEN HUIFEN SHANGHAI Asia yesterday reported a 34 per cent jump in its third quarter net profit to 15.8 million yuan (553.2 million), as it rides on the growth of the cigarette industry in China. On account of the
      371 words
    • 323 9  -  Customers can get same rates on deposits as their mortgage By JOYCE KOH IN the latest salvo unleashed in the competitive home loans market, United Overseas Bank (UOB) yesterday unveiled a new home loan product that is applicable to new purchases and refinancing of
      323 words
    • 471 9  - First Engg unveils joint venture; H1 profit rises 31 By KENNETH LIM PRECISION plastic component maker First Engineering said interim net profit rose 30.8 per cent to $12.8 million as stronger tooling orders and reined-in harddisk drive inventories hint at a firmer outlook. The company, which is proposing a half-cent
      471 words
    • 388 9  -  By KENNETH LIM WITH a track record of government security and insurance systems contracts under its belt, China-based Sinobest Technology Holdings is raising $10.6 million through an initial public offering to ride the modernisation wave sweeping the country's social services. The offer, priced at
      388 words
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  • Page 5 Advertisements
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  • Page 6 Advertisements
    • 1700 6 HTM FOODS LIMITED Petra Foods Limited (Incorporated in Singapore on 22 August 1984 with company registration number *****3096 C) OFFERING IN RESPECT OF 178,500,000 OFFERING SHARES COMPRISING: 5,000,000 OFFERING SHARES BYWAY OF PUBLIC OFFER; AND 173,500,000 OFFERING SHARES BYWAY OF PLACEMENT (SUBJECT TO THE OVER-ALLOTMENT OPTION) OFFERING PRICE: Sso.BB PER
      1,700 words
    • 120 6 November 2004 lA- T rTOtjWr >' 5 i sr fck PTP fck A 4% JK, :tr v> I I iVil I rtIKH iUUk) LIMITED Petra Foods Limited (Incorporated in Singapore on 22 August 1984 with company registration number *****3096 C) Offering of 178,500,000 Offering Shares comprising: 5,000,000 Offering Shares by
      120 words


  • Page 8 Advertisements
    • 1361 8 ArianeCorp ARIANECORP LIMITED (Incorporated in the Republic of Singapore) (Reg. No. *****4341 D) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of ArianeCorp Limited (the "Company") will be held at Empress 3 Carlton Hotel, 76 Bras Basah Road, Singapore *****8 on 24 November 2004
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  • Page 9 Advertisements
    • 33 9 1 Providing i A cool coaifort sss. -sr m ■lor commefdal I ,W NOl Building Singapore *****2 V «||W Industrial Tel: 6222 0665 F 6224 8358 M •VVWmwvMV Email: hpcsgrOhitachiplant.com.sg V buildings. http://www.hitacMplant.hbl.ne.lp
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    • 285 9 f Medi-Flex Limited (Incorporated in Singapore on 12 December 2003) (Company Registration Number: *****2754H) Invitation in respect of 34,000,000 New Shares of Sso.lo each comprising:(1) 1,500,000 Offer Shares at 550.20 for each Offer Share by way of public offer; and (2) 32,500,000 Placement Shares by way of placement, comprising:(a) 30,500,000
      285 words

  • SINGAPORE MARKETS
    • 537 10  -  STOCKS Friday's US jobs report looms over the horizon as players may revert their attention to economic concerns R SIVANITHY Senior Correspondent NOW that the US presidential election has been milked dry for all its worth as a marketmoving theme, it looks very much
      Source: Bloomberg  -  537 words
    • Article, Illustration
      910 10  -  Compiled by KENNETH LIM NET profit of $64.5 million in Q2 was below our forecast. This was due to lower investment income and a $4.6 million exchange loss. Compared with Q2, profit was down 55 per cent but this was largely due to an exceptional $71 million gain
      Source: Bloomberg  -  910 words
    • Article, Illustration
      419 10 OTHER SINGAPORE INDICES Nov 4 VALUE CLOSE BT OB/OS -194.00 -133.00 BTCAPI -*****.00 -85.00 BT 10-day MA -*****.00 -20.00 AM-SG Equities 521.43 -0.96 SG Equities Elect 154.77 -2.45 SG Equities Fin 1596.43 -25.28 SG Equities Prop 482.49 +1.33 SIMSCI 241.01 -1.14 SiMSCI Futures 242.10 -1.30 MOST ACTIVE STOCKS VOLUME Anwell
      419 words
    • 396 10 CURRENCIES AP. Bloomberg [BERLIN] The euro hit an eight-month high yesterday against the US dollar, which fell sharply on worries about the economic effects of rising oil prices and expectations of continued trade and Budget deficits under a reelected President George W. Bush. The
      AP.; Bloomberg; AFP  -  396 words
    • TRADES TO WATCH
      • 127 10 UNITED Overseas Land continued to consolidate its hold over hotel arm Hotel Plaza yesterday, buying 190,000 shares on the open market at undisclosed prices. UOL, an investment and property development company chaired by United Overseas Bank chairman Wee Cho Yaw, now has a 76
        127 words
      • 66 10 ARMSTRONG Industrial Corp independent director Anthony Ang Meng Huat raised his stake to 1.64 per cent from 0.57 per cent yesterday by buying 5.5 million shares on the open market. Those shares were bought at 14 cents each. Mainboard-listed Armstrong is a manufacturer of
        66 words
      • 132 10 YONGNAM Holdings executive director Seow Soon Hee sold 5 million shares on the open market on Wednesday at about 2.5 cents apiece, paring his stake to 3.72 per cent from 4.39 per cent. Mr Seow also sold 2.5 million warrants the same day at one cent
        132 words
      • 158 10  -  Compiled by KENNETH LIM A FAMILY trust bought 506,000 shares of Cheung Woh Technologies, or a 0.19 per cent stake, on Monday last week, raising the deemed shareholding of three Cheung Woh directors to 4.96 per cent from 4.76 per cent. The Cheung Woh Trust
        158 words

  • SINGAPORE NEWS
    • 568 11  -  Contraction threat looms, with fall in new orders and output in October By ANNA TEO THE outlook for Singapore's manufacturing sector has deteriorated sharply, with the latest purchasing managers' index (PMI) dipping to within touching distance of the 50point base level to
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    • 392 11  -  By SIOW LI SEN HSBC Singapore is looking to expand its branch network by at least 20 per cent. This could be accomplished next year through some refocusing on corporate clients and possibly an increase in offsite automated teller machines by 50
      392 words
    • SINGAPORE ROUNDUP
      • 50 11 THE government has appointed Vanu Gopala Menon as Singapore's High Commissioner to Canada, resident in New York. Mr Menon is also Singapore's Permanent Representative to the United Nations in New York. He joined the Ministry of Foreign Affairs in 1985 and has served in various posts.
        50 words
      • 54 11 THREE professors from the Nanyang Technological University were presented the Prestigious Engineering Achievement Awards organised by the Institute of Engineers, Singapore (lES). They are Pan Tso-Chien, Tay Joo Hwa and Lawrence Koe, who won for their respective projects in land use maximisation, biological wastewater
        54 words
      • 29 11 THE Workforce Development Agency (WDA) said it will be launching three labour guides to keep citizens up to date about labour market trends.
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    • 549 12  -  Wah Khiaw bags 3 of 7 bungalow plots in Sentosa Cove's 2nd land sale: sources By KALPANA RASHIWALA BOUTIQUE developer Wah Khiaw has bagged three of the seven bungalow plots which Sentosa Cove has awarded in its second land sale, sources told BT. Market watchers
      549 words
    • 539 12  -  By VINCE CHONG PROPERTY players believe that the total number of new private homes sold this year will still exceed last year's measly 5,156 as long as developers bring on the projects but at reasonable prices. They add,
      539 words
    • 379 12  -  By SAMUEL EE THE man largely seen as responsible for BMW's bold new look (disagreeing Beemer fans have used less flattering terms) has been appointed to Singapore's first International Advisory Panel (lAP) on design. BMW Group design director Chris Bangle will join
      379 words
    • 34 12 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 Day
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  • Page 11 Advertisements
    • 192 11 FINAL AUCTION VALUABLE SEIZED MERCHANDISE High Value Bank Collateral Assets impounded under Preventive Distraint in enforcement of Court Injunction ordered to be sold by Mayor International Bank in the exercise of a lien against a very substantial unpaid loan to a leading Persian carpet wholesaler together with other outstanding consignments/
      192 words


  • ECONOMY WATCH
    • 532 13  -  Major economies have 40% chance of outright recession: Morgan's Roach By ANNA TEO [SINGAPORE] As far as the world economic outlook is concerned, it makes no difference whether George Bush or John Kerry is in the White House, according to Morgan Stanley's chief economist
      532 words
    • 490 13 NYT [WASHINGTON] Even as US President George W Bush was celebrating his election victory on Wednesday, his Treasury Department provided an ominous reminder about the economic challenges ahead. After four years of rapidly rising budget deficits, the Treasury announced on Wednesday that the government
      NYT  -  490 words
    • 267 13 HE was giving his take on the world economic outlook in the post-US election period. Then, after fielding some questions, Stephen Roach who said he wasn't jet-lagged from having just flown in from New York, just "depressed" with the election outcome
      267 words
  • Page 13 Advertisements
    • 166 13 |r%.. ffl i a *i mlfMi Hp' /J 'aJ T» <F .*3 X# ktdl' ••-r V' ff| ffiMrHl H7 v jk^L. lul m-l JF Br^Jß A.t\BK Ir JHF» ■N*?yw jhL f!r I JH B 1 19 HH |Ur 1 iVHk %Br BNf I MTJr IPi' m Xj9 In|l py X/^JQfI
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  • MALAYSIA/INDONESIA
    • 189 14 Reuters [KUALA LUMPUR] Malaysian oil services firm Scomi Group Bhd said on Wednesday that its third-quarter net profit rose more than fourfold, lifted by its recent purchase of Oiltools International Ltd, which provides drilling waste management services around the world. Scomi said
      Reuters  -  189 words
    • 454 14  -  Its sight is set on plantations, oil and gas business to spur growth, says CEO By PAULINE NG in Kuala Lumpur SIME Darby, which last year spent slightly over Ss3oo million to acquire assets in Singapore, plans to shell out
      454 words
    • 202 14 Xinhua [JAKARTA] Indonesian President Susilo Bambang Yudhoyono has ordered Military Chief Hndriartono Sutarto to retain his post and prevented Army Chief of Staff Ryamizard Ryacudu from attending a parliament meeting in which he is likely to be nominated as new military chief.
      Xinhua; AFP  -  202 words
    • 4 14
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    • 216 14 Stanchart, Astra cleared to buy 51 of Permata Reuters [JAKARTA] A consortium headed by Standard Chartered won formal clearance yesterday to acquire a 51 per cent stake in Indonesia's seventh largest lender, PT Bank Permata, the central bank said. London-based Stanchart and Indonesia's largest automotive distributor, PT Astra International, won
      Reuters  -  216 words
  • Page 14 Advertisements
    • 805 14 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF SKYBEST PTE LTD (Company No. *****3481H) NOTICE OF RESOLUTIONS FOR MEMBERS VOLUNTARY WINDING-UP (Pursuant to Section 290) At the Extraordinary General Meeting of the members of the above-named Company, duly convened and held at 5 Shenton
      805 words
    • 733 14 M THE MATTER OF THE COMPANIES ACT, CAP.SO AND M THE MATTER OF CIC ASSET MANAGEMENT SINGAPORE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 63 Market Place #15-01 Singapore *****2 on 28 October 2004 at 10a.m., the following
      733 words
    • 784 14 M THE MATTER OF THE COMPANIES ACT. CAP.SO AND M THE MATTER OF XIN YUAN (SG) MARITIME ENTERPRISES PTE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at SO Raffle* •Place *56-01 (JOB Plaza 1 Singapore *****4 on 28 October
      784 words
    • 535 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MOCAM INDUSTRIES SINGAPORE PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) At in Extraordinary General Meeting of the members of MOCAM INDUSTRIES SINGAPORE PTE LTD, duly convened and held on 31 October 2004 at 11.00 a.m., at 4-3,
      535 words

  • GREATER CHINA/INDIA
    • 406 15 Top officials say progress made; analysts expect yuan shift any time Reuters [BEIJING] China's top financial officials pledged to make the yuan currency more flexible, saying fundamental preparations had been made but stressing the need to avoid volatility, state media said on
      Reuters; REUTERS  -  406 words
    • 835 15 Majority opinion favours China to come out on top but India is closing the gap Bloomberg CHINA and India, the two Asian giants, are both trying to become rich, each in its own way. China is big in manufacturing, while India's strength is in
      Bloomberg  -  835 words
    • 174 15 AP [HONG KONG] Financial analysts who offer anonymous stock tips in Hong Kong media outlets will be required to identify themselves in an attempt to prevent share price manipulation, the Hong Kong Securities and Futures Commission said. Many Hong Kongers are small-time investors, and
      AP  -  174 words
    • 434 15 Many are from lucrative retailing, Internet sectors [BEIJING] Thirty-some-things are doing well in China's emerging capitalist society, making billions on retailing and the Internet, according to a list of the country's richest people issued yesterday. Top of the list of the 200 richest
      APPLE DAILY  -  434 words
    • 312 15 AFP [BElJlNG] Trade between China and the 10 Asean nations should surpass US$lOO billion this year, said Chinese Vice-Premier Wu Yi while calling for the fast tracking of a proposed free trade area (FTA). "From January to September, bilateral trade increased 35.6 per cent year-on-year
      AFP  -  312 words
  • Page 15 Advertisements
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      548 words

  • ASIA-PACIFIC/WORLD
    • 719 16 Ashcroft, Ridge likely to give up Justice, Homeland Security; Powell, Rice face moves NYT. LAT-WP [WASHINGTON] President George Bush's re-election produced a scramble that administration officials said Wednesday could reshape the Cabinet, with Attorney General John Ashcroft and the Secretary
      NYT.; LAT-WP  -  719 words
    • WORLD WATCH
      • 63 16 Reuters [AMSTERDAM] The Dutch farm ministry sealed off more livestock farms yesterday after discovering cancer-causing dioxin in animal feed that had also been exported to Germany and Belgium, authorities said. A total of 162 Dutch cattle, pig, sheep and goat farms, eight Belgian and
        Reuters  -  63 words
      • 55 16 Reuters [PARIS] Palestinian President Yasser Arafat has been in a coma since Wednesday evening and was now in critical condition in the intensive care unit at a French military hospital, aides said yesterday. They said doctors still did not know what was wrong with him,
        Reuters  -  55 words
      • 78 16 Reuters [LOS ANGELES] Rupert Murdoch's News Corp on Wednesday said quarterly profit rose 28 per cent as strength in broadcast and cable television helped offset a lacklustre performance by the film division and Italian pay-TV losses. News Corp reported a fiscal first-quarter
        Reuters  -  78 words
      • 72 16 Reuters [MANILA] PLDT, the Philippines' top phone company, announced record quarterly earnings yesterday as its mobile phone services lured more new users than. rival Globe Telecotn. > Analysts said the v fourth quarter should be even better as people buy or upgrade mobiles with Christmas
        Reuters  -  72 words
      • 63 16 Reuters [MANILA] San Miguel Corp recorded al2 per cent fall in third quarter net profit as poor results from its poultry and soft drinks businesses offset strong beer sales. San Miguel, owned 15 per cent by Japan's Kirin Brewery, said it had
        Reuters  -  63 words
    • 464 16 All eyes on whether there'll be continuity LAT-WP [WASHINGTON] With the re-election of President George Bush, a burst of aggressive rule-making at the Securities and Exchange Commission over how companies should be governed may be coming to an end. "I think we've dona the
      LAT-WP  -  464 words
    • 338 16 Reuters [WASHINGTON] US business productivity slowed sharply in the third quarter to a 1.9 per cent annual rate, but was still faster than expected, a preliminary government report showed yesterday, while unit labour costs grew at a modest 1.6 per cent pace.
      Reuters  -  338 words
  • Page 16 Advertisements
    • 586 16 I Cafl toll-free 1800 289 8822 L Email: BoticeBoBph.cooi.sc IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MTR CORPORATION (SINGAPORE) PTE. LTD. (Incorporated in the Republic of Singapore) Co. Reg. *****8792N (In Members' Voluntary Liquidation) NOnCE OF RESOLUTION At an Extraordinary General Meeting of
      586 words
    • 651 16 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND D.M.T. DEVELOPMENT PTE LTD IN MEMBER'S VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the abovenamed Company convened and held at No 1 Shenton Way #15-01 Singapore *****3 on 28 October 2004, the following resolutions were passed: 1. SPECIAL RESOLUTION WINDING
      651 words
    • 297 16 To advertise call toll-free 1800 289 8822 Email: nodcMftcnli mm c* IN THE HIGH COURT OF THE RFPUBUC OF SINGAPOBF Companies Winding Up No. 204 of 2004/ V In the Matter of the Companies Act (Cap 50) And In the Matter of ACT RENOVATION WORKS PTE LTD (RC No. *****4449K)
      297 words
    • 171 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KISMIS PROPERTIES PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) CO. REG. NO. *****4760E NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final Meeting of the
      171 words
    • 473 16 NOTICE OF INTENDED PREFERENTIAL DIVIDEND Name of Company TOYS N THINGS PTE LTD (In Creditors' Voluntary Liquidation) (Reg. No. *****4904E) Address of former 18 Senoko Drive registered office Woodlands East Industrial Estate Singapore *****5 Last day for receiving proofs 19 November 2004 Name of liquidators CHEE YOH CHUANG LIM LEE
      473 words
    • 184 16 r SINGAPORE LAND LIMITED I (Incorporated in Singapore) LOST SHARE CERTIFICATE Notice is hereby given that one share certificate numbered POOBO9 for 500 shares in the name of L E Investments Pte Ltd has been reported lost. Notice is also hereby given that a new certificate will be issued and
      184 words

  • AVIATION
    • 360 17  -  He says S'pore firms can leverage on their strengths By VEN SREENIVASAN [SINGAPORE] China's logistics market offers huge growth opportunities for Singapore transport and logistics players, Transport Minister Yeo Cheow Tong said yesterday. "The transport and logistics sector, as a crucial growth enabler,
      360 words
    • 65 17 [SHANGHAI] Two pedlars of discounted air tickets chat in front of a shuttle bus of Japan Airlines in Shanghai. China's fast-growing air travel market is expected to be the world's second largest for commercial aircraft in 20 years. Shanghai plans to expand its two airports and increase access
      REUTERS  -  65 words
    • 173 17 Bloomberg [DUBAI] Emirates, the largest Arab airline, said it stopped recruiting administrative staff and may increase a ticket surcharge to offset a 47 per cent rise in its first-half fuel costs. "There's a recruitment freeze as we're all trying to do same things
      Bloomberg  -  173 words
    • 459 17 Report says Aussie carrier, HK's Shun Tak and Air Macau agree on JV details Reuters [SYDNEY] Australia's discount airline Virgin Blue said yesterday talks continued with Hong Kong casino magnate Stanley Ho's Shun Tak Holdings and Air Macau about setting up a
      Reuters; AFP  -  459 words
    • 332 17 AFP [PARIS] The Chinese regional carrier Hainan Airlines has finalised an order for eight Airbus A 319 aircraft, with delivery scheduled from 2005 to 2007, the European aircraft maker said. The order is part of an initial placement for 30 Airbus aircraft inked with
      AFP  -  332 words
    • 329 17 Bloomberg, AFP [TOULOUSE, France] European Aeronautic, Defence Space Co, Europe's largest aerospace company, increased its forecast for 2004 earnings as net profit more than doubled in the first nine months of the year. EADS reported net profit of 597 million euros (Ssl.3
      Bloomberg,; AFP  -  329 words
  • Page 17 Advertisements
    • 295 17 Your knowledge of the market could I win you an HP Notebook! I So you think you know the market at your fingertips? Then try your hand at B the BTX Game and win an HP Notebook for yourself. Ten stocks are listed B (each with its previous day's closing
      295 words

  • SHIPPING
    • 556 18  -  By DONALD URQUHART [SINGAPORE] Fires burning deep within the cargo holds of the bulk carrier Nina, loaded with 58,600 tonnes of coal, were extinguished recently after a five-day salvage effort which included grounding the vessel and flooding its cargo holds. The salvage operations were
      556 words
    • 177 18 Bloomberg [NEW YORK] Top Tankers Inc on Wednesday agreed to buy five suezmax oil tankers for U*****.5 million to increase its fleet to 21 ships. Proceeds from the expected sale of 7.52 million common shares will be used to finance the purchase,
      Bloomberg  -  177 words
    • 463 18  -  Kidnap-for-ransom cases in Malacca Strait may spread to other areas: IMB By DONALD URQUHART Source: IMB [SINGAPORE] Piracy and armed robbery attacks on ships continued its wellworn trend over the first nine months this year, with 56 per cent of the 251 actual
      Source: IMB  -  463 words
    • 739 18  -  ADMIRALTY CASEBOOK By SELVA KUMAR A US appeals court last week stalled a major class action by a group of bulk chemical traders against four giants in the parcel tanker industry with its ruling that the damages claim for price fixing ought to first
      739 words
    • 174 18 Reuters [BANGKOK] Thai dry bulk carrier Precious Shipping said yesterday its thirdquarter net profit more than doubled due to higher freight rates on the back of robust global trade. Precious, which ships mainly Thai agricultural and wood products as well as building materials, reported
      Reuters  -  174 words
    • 258 18 S6X '000 NM4 SI Vol CH Offshore 0.40 unch S26 ChuanHup 0.67 0.01 4745 Cosco Corporation 1.07 0.01 ***** CWT Distribution 0.55 -0.01 62 EzraHldgs 1.14 unch 35 Freight Links 0.10 -0.01 119 Grand Banks Yacht 0.86 unch 0 Java Holdings 1.03 -0.01 2337 K1 Venture .0.25 -0.01
      258 words
  • Page 18 Advertisements
    • 147 18 ASIA-WEST AFRICA TRADE AGREEMENT West African Port Surcharges: Considering the operational conditions that have become extremely difficult in some West African ports, we are compelled to implement a certain number of congestion surcharges as per same rules applied by the EWATA conference on the Europe-West Africa trade. The amounts of
      147 words

  • Page 19 Advertisements
    • 105 19 One-Stop Shipping Services Ship Registrations Ship Classifications Radio Accounting Tuvalu, Mongolia, Panama, j Quality, Safety, Security SSWICSS Belize and many other flags I Surveys and Consultants Accounting Authority RSO6 competitive fees low taxes 'I VIH 24 hour efficient service, 365 days a year Worldwide network of surveyors No restriction on
      105 words
  • THE BUSINESS TIMES SHIPPING TIMES

  • EDITORIAL & OPINION
    • 531 20 EDITORIAL GEORGE W Bush has won the race for the White House and will now be responsible for formulating policies that are going to affect not only the American people, but also the rest of the world. The main challenge facing President Bush will have to do
      531 words
    • 746 20  -  THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent THE decision by two of East Asia's leading economic powers, China and South Korea, to apply for membership of the Inter-American Development Bank (IDB) thereby ending Japan's reign as the sole representative from this region
      746 words
    • 1094 20  -  But a rapid fall in the currency, without other measures to cut the deficit, could hit economy adversely By EDUARDO PORTER, ELIZABETH BECKER NYT THE presidential election drove the US dollar all over down when it looked like President George W Bush would lose, up briefly when
      NYT; AFP  -  1,094 words
    • 1602 21  - Will Bush paint America purple He can opt for a strategy of reconciliation with Democrats and 'New America' and try to bridge the rift between the Reds and the Blues LEON HADAR Washington Correspondent YES, I know, I was the one who had predicted a few days ago that Democratic
      AFP  -  1,602 words
    • 103 21 Fax your letters to 6319-8277 or email them to btletterOsph.com.sg or write to: The Business Times, SPH HQ. 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
      103 words
    • 768 21  -  By HAROLD EVANS LAT-WP THE striking thing about the innovators who succeeded in making our modern world is how often they failed. Turn on a light, take a photograph, watch television, search the Web, jet across the Pacific, talk on a cell phone. The innovators
      LAT-WP; AP FILE PHOTO  -  768 words
    • 385 21  -  LETTER TO THE EDITOR Kenichi Suganuma Minister Embassy of Japan I REFER to the editorial, "Japan turns to pre-emption" (BT, Oct 15). I believe the editorial misleads readers on Japan's defence policy. The editorial seems to suggest that the government of Japan has adopted
      385 words


  • 3896 22 STRAITS TIMES INDEX STOCKS Stock name Wt J3oie Change Stodi mm Wt dost Change Allgreen 50c 0.30 1.060 NOL 2.18 3.040 +0 040 BIL Intl US20c 0.45 0.970 +0.015 OCBC 10.29 13.600 -0 400 CapitaLand 1.27 1 890 +0010 Parkway H 25c 0.68 1460 -0.010 Chart SemiCond 26c
    3,896 words

  • 2863 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curt In» MUSS dy %y» dy %y dy *yr Nov 3 InOfi Q\»oq« Chang* Oxog» Ch»oq» Chang* Chang* Wcrid Index PtefcTway 8116 09 4 4 1.1 14 1.2 54 tmUMhiiW 76*3 04 6l1 HI 6.1 IJ U Europe Preliminary ***** 04
    2,863 words

  • Page 24 Advertisements
    • 1528 24 1 TO USA/CANADA I I EXPORT 1 I OTHER DESTINATIONS I VBSa [VOY PRG [etASM|(QNG»EAol|paiias|hOUSTON|memphK |OQCAfiO| WW Y0»« [I TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) PtO NEDUOYD SOUTHAMPTON 46(45 OMIT 03/11 19/11 25/11 24/11 24/11 24/11 27/11 VBSa VOY ETA SIN KG FRE |ME SYD MB. AM. OOQNMGBO 05E46 OMIT 10/11
      1,528 words
    • 86 24 UK CONTINENT SERVICE Loading (or ACHILLES RDM/ATW/BMN/UK/NAN LOK PRAKASH RTM/ATW/BM NAJ K/NAN Loads Singapore, EVW Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for TINA II DBI/ABU/DOH/BRN/DMM/KWT VTC STAR DBI/ABU/DOH/BRN/DMM/KWT P LAMER DBI/ABU/DOH/BRN/DMM/KWT PAN VOYAGER DBI/ABU/DOH/BRN/DMM/KWT PAN BRIGHT DBI/ABU/BRN/DOH/DMM/KWT ASEAN GLORY DBI/ABU/DOH/BRN/DMM/KWT •Loads Singapore, EVW. Malaysia, Indonesia USA SERVICE Loading for ORIENT GLORY
      86 words
    • 924 24 |*IT«*ASIA KOIIO WVtC« VKSa/VOT MWWW) HBGHTW PRC KM KB I SM I JKT I STRAITS VENTURE /I 4 15 3 W/10 31/10 04/11 07/11 M/U STRAITS VENTURE /IS 1$ 3J 12/11 14/11 It/11 71/11 23/11 STRAITS VENTURE /I 4 IS 3.2 25/11 27/11 02/12 OS/I? 07/12 |WUT ASIA/UNOAI ROUP «V»
      924 words

  • Page 25 Advertisements
    • 962 25 CT ranM of shipping modes to •raw* timely, rafiofala Mrvicos coming major ports in fWm America, Eurty, Japan, Asia, Africa fc Ooania. Aht «f«pt hrtra Mb Cwfxi l<" tUSAN KWAMGYANG SHANGHAI YAMTIAH HAMBI QMGOAO BEUWAN JAIASIA SURAIAYA lAOHSImIS/IMIOKOK /UtfMCwUMIIS MOMMM FAS> GUMM? raIMB FOIT KHAMO For Schedules, BL Searches, and
      962 words
    • 1332 25 VESSEL VOY SIN JKT HKGTKHHTIN( KYH WIS VBSEI YOY SIN JKT SUB HKG DSN PUS HYIIIOGE 085S 11/lllVll 18/11 20/11 22/11 24/11 24/11 KMTC SINGAPORE 415S 6/11 7/11 10/11 16/11 20/11 21/11 HYVLADIVOSTOK "iSOS Ml 20/11 25/11 27/11 29/11 1/12 2/12 KMTC SHANGHAI 413S 14/11 17/11 18/1) 23/11 27/11 28/11
      1,332 words
    • 975 25 m WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS vtssa vot I aw I mianglcolowio n.s<*va colonic mufv GAWDHI JHBZI 02 HOY -HUH DIM ULHffi IIM— lAV MIDGE 003W MNOV OMIT 13 NOV It NOV UNOV AUSHAUA IWDGE 0081W 15 NOV 17 NOV 20 NOV
      975 words

  • Page 26 Advertisements
    • 679 26 IAjW WALLENIUS WILHELMSEN website: http://www.2wglobal.com VtSSfl VOY RAMP HEIGHT SIN LK MAO ~HOUi~ MIA ~S*V~ BAI ORE WY( WW ~joT~ TAUSMAN Af422 3201 MS 6.3 M 17/11 20/12 27/12 28/12 02/01 31/12 04/01 24/12 TARONGA AF423 3201 MS 6.25 M 30/11 2S/12 04/01 11/01 12/01 16/01 14/01 11/01 01/01 TAMESIS
      679 words
    • 1417 26 _msa m m eai jsssb w mt Of 2301 0053? 07/u 01/11 PKMU 111S Q*/n 09/11 CSf 2301 8854P SfiZU '0/11 HilllTl 7 1521 M/l] I2ZII PAC lANDA 1336* 09/n 09/11 JUJMM 2223 net AMPA 13JZ!! 10/11 U/ll I*o*o Z <'*0 13/11 c» 2301 Msit um 13/n nc ianda iMni
      1,417 words
    • 546 26 BSA a. MYANMA ■H FIVE STAR UNE (Mvaraar National Um) Loading for Yaagoa VESSa VOY SIN PKI KM PGU PAGAN 336W 05/11 07/11 HfA-AN 326W SU> IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES KUI/PKL 03-*****3 M PEN: 04-2633(15 ACCEPTING CONVENTIONAL C6O HKG SW MRG SIN PGU PKI KUC FUTURE Aa USUI SID
      546 words

  • Page 27 Advertisements
    • 1228 27 f\ S pore Agents lAI SMpeieg Aomkv (S) Pte ltd (CR NO: 165A*****00Z) \mj (If ISO JIT-o3 Banakok Bonk luildina, Singapore *****6 CriltePClSKl JLmes u 4323-6466/77 fa *****433 wtinin: www.i»t«f«i«iiM».(f SUPER EXPRESS SERVICE TO HO NO KONO JAPAN VBSH, VOY OSK KOI $W TYO YOK HK6 PKI SOP VtSSB VOY
      1,228 words
    • 1070 27 I /-J—| MAIN: TfL- *221-1333 FAX: *221-5272 I LIIMCO CUSTOMS) SfItVKL TEL 6221-5594 FAX: *****190 /LIC. smoiuwtioKMosKiffiiKmm ommumSSm!! 1 """""v®*-—-i msw etasw wu Ivea Iwr I raswltMcow 168H0W6 l<oos "ot/Ti 00/11 IcKWK 4043 10/lT 12/11 IsMAMWHIMB j<o43 11/11 11/11 [TAH6OH SIM I 36SH I 09/111 15/1)1 mimv* «ii jiht fti/i
      1,070 words
    • 494 27 ■P9MM TIGER SKY 232N 10-11/11 16-18/11 23-24/ I Huaaggdfl TIGER SEA 233N 14-15/11 20-22/11 28-29/111 ■nrroiTIGEISKY 234N 16-17/11 23-25/11 3MI/ 21 WjilliH TIGER PEARL 235N 20-21/11 26-28/11 04-05/ 2 1 TIGER SKY 236N 23-24/11 29-01/12 06-07/12 HMHfIMfM TIGER SPIRIT 094 12-13/11 20-22/11 28-29/11 KUU|t| TIGER CUFF 009N 15-16/11 23-25/11 03
      494 words

  • ARTS
    • 511 28  -  By SANGEETHA MADHAVAN ACCORDING to some of the writers involved in the Indian literary arts scene, there's both good news and bad news. The bad news first. With the increased demands of study and work, the absolute numbers of Singaporeans writing fiction
      511 words
    • 651 28  -  PARVATHI NAYAR finds out more about the Institute of Contemporary Arts Singapore's ambitions and its inaugural exhibition PARVATHI NAYAR AN arts venue you'd visit without checking the programme because cool stuff always happens there, whether cuttingedge arts, or arty conversations in its cafe: the Institute
      651 words
    • 406 28  -  By SANGEETHA MADHAVAN WHILE a bona fide hit on the West End and Broadway, an imported production of Irish playwright Marie Jones' two-hander Stones In His Pockets brought in by Sh! Productions which tours British productions regularly to the Middle East showed that not
      406 words
    • 675 29  -  Five dancers jointly created a new piece for 'Double Happiness' in just two weeks, reports CHEAH UI-HOON CHEAH UI-HOON DANCE lovers will have a good snapshot of the Asia-Pacific contemporary dance scene this weekend, when six young leading dancers from Hong Kong,
      675 words

  • Page 29 Advertisements
    • 84 29 rounatnQctpisMnnrror gffßMs E' by Theatre Television Associates 9b iNrtmlttU rtflthme wd season of full houses and rapturous reviews. -J 1 ,wctfin(f movMiiMiti fey two of tfn workfs s Tt Nov 04, Thu Sat MIKCHI I With Mohammed Rafee and the Vasantham Boys by Meenakshi Srinivasan sizzling performance! (120mins with no
      84 words
    • 253 29 AT THE ESPLANADE Nov 5 f Friday Anthony di Bonaventura, Piano Recital (US) Esplanade Recital Studio Bpm (125 min with intermission) Tickets: $15 Nov 5, Friday to Dec 3, Friday Mamma Mia! Esplanade Theatre Bpm and 2.30pm (150 min with intermission) Tickets: From $60 to $130 Nov 6, Saturday Great
      253 words

  • PASSION
    • 955 30  -  Derek Althorp is very hands-on when it comes to building his home theatre, reports KENNETH LIM KENNETH LIM GIVE a passionate perfectionist a lot of money, and you have Derek Althorp building a US$l million home cinema. The 63-year-old cochairman of Sesdaq-listed DMX Technologies has combined a
      CHRIS LOH  -  955 words
  • Page 30 Advertisements
    • 60 30 1 i'Vj^flmffi' >". s \1 f.«*v. v,«v Are you ready? The new SLK. Oo Mercedes-Benz Sophisticated Impeccably bred. And so versatile, it transforms from coupe to roadster in just 22 seconds at the touch of a button. The Future of the Automobile -'> ...'v. A< J? <s Mercedes-Benz Sales Enquiries.
      60 words

  • LEISURE
    • 494 31  -  CINEMA The characters in Shark Tale are forgettable, says GEOFFREY EU GEOFFREY EU SHARK Tale is the new computer-generated animated underwater offering from Dream Works that looks a lot like a kid flick but is aimed more at the grown-ups accompanying them. Numerous references to R-rated classics
      494 words
    • 825 31 WATCHES HE is said to build complicated watches so tough, he can toss them across a room without damaging them in the least. This despite the fact that exquisitelycrafted watches with haute complications such as the tourbillon mechanism are known to be very delicate,
      825 words
  • Page 31 Advertisements
    • 122 31 ¥¥71 a 1* J i. i. Presented Diners Club Credit Card Toappfy, call: 6416 0980 Where to wine, dine and entertain... vepri^&Treats [ImMM Deer sunmys ■endless flow ■o# exotic kebabs ami Hice com Mart Itvtrr Sunday at per persan ll l.OOpm 1.30pm lanjoy a free flaw of exotic ■kebabs and
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    • 102 31 D iMiert to whet your appetite... L"k\|in b|BL MVWWlrtl CfWfct All t/gfal Wj|| anwev uwiwUni <!!>&££& x PlM«»jr«MiiHhi«e»<i*vi to jo* A^clrs Casual French Dining Exclusive 25% OFF on All Ala Carte Food Items with all time favourites such as: Baked Escargotw Garlic Sutter (6 pttjtftrSC <7.12 Pan-Fried Pole Gras (appro*.
      102 words
    • 120 31 Singapore Herttage Street Food "A Taste of Beach Road in the 60 s" Relish nostalgic heritage street food of the 60 s now at Cafe Plaza every Saturday. So be tempted by legendary flavours like Oyster Omelette, Chilli Mud Crab, Bak Kut Teh, Hae Mee, Fried Yellow Mussels and more
      120 words
    • 137 31 £L JHHj£ Jo| mm Asian Feast Sample the bMt o# Asian iMlfhti at Captain's Tabic Unlimited A La Carte Buffet as we offer the best of Chinese cuisine from the region. RAFFLES MARINA 10 Tuas West Drive *****04 Tel: 6861 8000 Fax: 6861 1020 Email: ahoy&rafflesmarina com sg Web Site:
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    • 74 31 GREAT WINES direct jyjP #02-02 Tonglin Shopping Centre kte«t ta Q. t_nj d f-tJU-ll Mil e V* Tel: *****213 *****699 *****170 I MERITUS MANDARIN SINGAPORE T V M m m dag!iPßr Ibbh^^^k^H YOURCOSY HAVEN AWAITS Relax and unwind after a hectic day's work with a refreshing drink. Reservations: K A
      74 words
  • Page 31 Miscellaneous
    • 176 31 CRYPTIC CROSSWORD 13 Features on map showing nasty shore (9) —LjJ— L—J— how not gallant, he! (3-6,3) DOWN 10 The value of money for the YESTERDAY'S SOLUTION 1 Boy sailor on good stretch of Methodist Church maybe (12) Blubbers 9 Enclosed 10 river in Oz (9) 14 Shouting "hello" is
      176 words

  • executive lifestyle
    • 632 32  -  off the cuff jaime ee SO, who did you bet would win the US presidential elections? Right up till way past my bedtime on Wednesday night, I still couldn't tell whether Barney the dog would be able to spend another four years digging for bones in
      632 words
    • 201 32  -  Four entrepreneurs from across the Causeway are making their mark on Singapore's commercial landscape. CHEAH UI-HOON reports CHEAH UI-HOON ANEW breed of Malaysian entrepreneurs are making an impact on Singaporeans' lifestyles—whether they're bringing in international art exhibitions, selling fragrant coffee buns, providing a top-of-the-line bus
      201 words
    • 505 32 GOH Shuet Li didn't realise how much she'd picked up from the jewellery fair visits and gem-buying trips she'd made with her mother when she was growing up as a young girl. But all the latent knowledge came bubbling to the surface when
      505 words
    • 342 32 COME December, Singapore will be overrun by the sheer weight of Colombian artist Fernando Botero's imagination with 20 monumental outdoor sculptures, 15 smaller sculptures and over 50 paintings which go on show. This is Botero's largest and most comprehensive exhibition in Asia,
      CHRIS LOH/ARTHUR LEE  -  342 words
    • 402 32 IT was the opening of the controversial KLIA Airport at Sepang in the late '90s that sparked the idea for a bus service linking Singapore and Kuala Lumpur for Law Cheok Gheen, 29, CEO of Malaysian bus company Zuco Express. "We heard a
      402 words
    • 429 32 ROTIBOY coffee buns are selling like the proverbial hot cakes in Singapore now the best-known Malaysian bakery here since the rise of "designer" bread. Though the business was started in Malaysia, the concept and name were "baked" in Singapore, so to speak, where owner
      429 words
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