The Business Times, 8 December 2004
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2004-12-08
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The Business Times
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Title Section15 2004-12-08 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http^/business-times.asial.com^c MICA (P) 023/03/2004 Wednesday December 8,200415 words
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476 2004-12-08 1 SIOW LI SEN - Hot money betting on surging Asian currencies By SIOW LI SEN [SINGAPORE] Home borrowers can relax for now because banks will find it harder to raise interest rates given rising inflows of hot money betting on the strengthening of Asian currencies.476 words
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Article140 2004-12-08 1 STI 2,016.26 (-16.12) ST INDEX FUTURES 2,020.00 (-15.00) SIMSCI 240.32 (-1.61) SIMSCI FUTURES 240.00 (-1.20) MARKETS Tuesday Change KLSECOMP 912.41 -3.95 NIKKEI 225 10,873.63 -108.33 HANG SENG 14,235.78 -21.08 SET INDEX 655.83 8.01 JAKARTA COMP 986.41 +3.21 MANILA COMP 1,799.08 -4.29 SEOUL COMP 861.07 -9.68 SHENZHEN B 238.09140 words
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Article48 2004-12-08 1 TOP STORIES ...PG 2,3 COMPANIES... PG 4-7 MARKETS PG 8 SINGAPORE PG 9 ECONOMY PG 10 M/SIA/INDON ...PG 11 CHINA/INDIA... PG 12 ASIA PACIFIC ...PG 13 WORLD PG 14 MOTORING PG 20 AVIATION PG 21 SHIPPING PG22 EDITORIAL PG 24 STOCKS PG 26 27 MONEY PG 32-3448 words
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Article, Illustration612 2004-12-08 1 KALPANA RASHIWALA - Plum sites atop Orchard MRT and next to Specialists' Centre available in H1 '05 By KALPANA RASHIWALA [SINGAPORK] The government yesterday rolled out the first instalment of its plan to breathe new life into Orchard Road, naming four sites it will make612 words
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Page 1 Advertisements
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Advertisement14 2004-12-08 1 J, THE NEXT g BIG THING Hewlett-Packard boss Carly Fiorina says which PG2 814 words
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Advertisement106 2004-12-08 1 WHAT'S UP ATCAO Fbur execs surrender passports to CAD PG4 Free coffee on BT This Friday, BT will help you get the day off to a great start with a free Spinelli's breakfast Be one of the first 2,000 readers to pick up a copy of The Business Times at106 words
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Advertisement95 2004-12-08 1 jrm PRICE WAR >R i Virgin's Sydney service may trigger one: Richard Branson Your Flexible Partner in Overseas Property Finance Whether you need to secure financing or refinancing for a residential property in Great Britain, USA, Canada, Australia or New Zealand, Lloyds TSB's MULTI-CURRENCY, MULTI-COUNTRY and MULTI-PURPOSE LOAN FACILITIES are95 words
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Advertisement12 2004-12-08 1 EXECUTIVE MONEY Brace yourself for new insurance products in Singapore pg 3412 words
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TOP STORIES
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Article681 2004-12-08 2 Four CAO execs surrender passports to CAD CHINA Aviation Oil said yesterday four of its executives have surrendered their passports to the police Commercial Affairs Department and that it has sought a six-week extension to submit a proposed scheme of arrangement to the courts. Prime Minister Lee Hsien681 words
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Article, Illustration541 2004-12-08 2 JOYCE KOH - Joint rationalisation panel reviewed 1,200 names By JOYCE KOH [SINGAPORE] After two months of anticipation, employees of Singapore Press Holdings and MediaCorp finally learned their fate yesterday when the companies revealed the outcome of a rationalisation exercise. From SPH, 429 staff werePHOTOS: JOYCE FANG - 541 words
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Article, Illustration508 2004-12-08 2 RAJU CHELLAM - Radio Frequency Identification is the way to go By RAJU CHELLAM in San Francisco THE next big tech boom will be Radio Frequency Identification (RFID), which uses wireless technology to capture data stored in chips or "tags" embedded in products so inventoryAFP - 508 words
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Article, Illustration411 2004-12-08 3 SAMUEL EE - Hitting S'pore roads soon 2 million dollars on wheels The Maybach 62 costs $2m with optional fittings; more ultra-luxury limousines to follow By SAMUEL EE [SINGAPORE] What is expected to be the most expensive saloon in Singapore will be registered this month, with more ultra-luxury limousines likely to follow. According411 words
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Article, Illustration434 2004-12-08 3 ROLAND LIM - Growth seen at 2.9% compared to region's 7.6% By ROLAND LIM (SINGAPORE! Enterprise spending on information and communications technology OCT) here is expected to grow at less than half the pace of the Asia-Pacific region as a whole next year. Market researcherSource: Gartner - 434 words
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Advertisement133 2004-12-08 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:133 words
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Advertisement87 2004-12-08 3 Asia Pacific is in fashion. And an affluent population is constantly looking for the latest clothcs and accessories. Whether you're looking to export the finest bales of cotton or import sewing machines, our express distribution and logistics services can connect you to where the action is. With more people in87 words
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COMPANY NEWS
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Article, Illustration615 2004-12-08 4 DANIEL BUENAS, KENNETH LIM - TROUBLE AT CAO Company seeks six-week extension to submit proposed scheme to courts From DANIEL BUENAS, KENNETH LIM CHINA Aviation Oil said yesterday four of its executives have surrendered their passports to the police Commercial Affairs Department and that it has sought aFILE PHOTO - 615 words
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265 2004-12-08 4 SINGAPORE Petroleum Co said China Aviation Oil is no longer deemed to be a substantial shareholder because the jet fuel supplier's plan to buy a 20.6 per cent stake has fallen through. CAO became a deemed shareholder in August when it announced265 words
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Article, Illustration428 2004-12-08 4 TEH HOOI LING, KENNETH LIM - By TEH HOOI LING, KENNETH LIM TWO more stockbroking firms yesterday said they do not have significant exposures to China Aviation Oil. Deputy managing director of UOB Kay Hian Securities Tang Wee Loke said his firm's exposure is "less than $5 million".FILE PHOTO - 428 words
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284 2004-12-08 4 IN AN update on its collaboration with the New York Mercantile Exchange (Nymex), the Singapore Exchange (SGX) said yesterday that Nymex has indicated its preference to explore electronic trading for the oil futures market in Singapore. "Discussion is still ongoing between the two284 words
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Article660 2004-12-08 4 SAMUEL EE - Jardine C&C an Astra proxy So? HOCK LOCK SIEW By SAMUEL EE JARDINE Cycle Carriage's stake in Indonesia's biggest carmaker, PT Astra International, is slowly but inexorably inching towards the 50 per cent mark. At last count, Jardine C&C's shareholding was 46.45 per cent, acquired at a total cost of660 words
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Article, Illustration568 2004-12-08 5 KALPANA RASHIWALA - Angullia View deal brings total land purchases over 16 months to $800m By KALPANA RASHIWALA WHEELOCK Properties (Singapore), formerly known as Marco Polo Developments. continues to restock its landbank with prime sites. The group yesterday inked a deal with the majority owners of AngulliaFILE PHOTOS - 568 words
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214 2004-12-08 6 Contracts involve converting tankers into offshore oil production units Bloomberg SEMBCORP Industries and Keppel Corp, the owners of Singapore's two largest shipyards, may win contracts to convert as many as seven oil and gas tankers into offshore oil production units for Bergesen Worldwide group.Bloomberg - 214 words
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Article267 2004-12-08 6 JOYCE KOH - By JOYCE KOH HUGE volumes and rising interest in the warrants market spurred new player Macquarie Bank to come out with the issue of 16 new warrants yesterday. The 16 European-style warrants which include call and put instruments will be issued on Singapore Airlines, Venture267 words
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Article, Illustration216 2004-12-08 6 ANDREA TAN - By ANDREA TAN FRASER and Neave's serviced residence arm has added a second property in Shenzhen, China. Fraser Serviced Residence will manage Fraser Corporate Residences in Futian owned by Chinese developer Tianhong Group. Fraser also operates Fraser Place Serviced Residence in Shekou, Shenzhen, which216 words
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COMPANY BRIEFS
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75 2004-12-08 6 CONTRACT manufacturer Venture Corp said it has incorporated a subsidiary in Suzhou. China, to design and produce plastic injection moulds and to undertake the manufacturing and sub-assembly of high-precision components. Called Univac Precision Plastics, the company will have a registered capital of US$6.2 million and75 words
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84 2004-12-08 6 BUSINESSMAN Huang Quan, through Pioneer Idea Finance, now has a 53.3 per cent stake in Cytech Software after his general takeover offer at 3.8 cents a share received acceptances representing about one per cent of Cytech Software's share capital. The offer closed yesterday84 words
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55 2004-12-08 6 SINGAPORE Exchange's wholly owned subsidiary, Singapore Exchange IT Solutions (SGX-ITS), has acquired the remaining 49 per cent stake in Asia Converge, a jointventure securities processing company, from DBS Group Holdings' wholly owned securities arm DBS Vickers Securities (39 per cent) and OCBC Securities55 words
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Article, Illustration544 2004-12-08 7 VEN SREENIVASAN - SIA tweaking fares to reduce damage; LCCs' capacity also limited By VEN SREENIVASAN SINGAPORE Airlines will feel some impact from the entry of more low-cost upstarts on some of its regional routes, but the impact will be limited by the capacity constraints ofBLOOMBERG - 544 words
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Advertisement503 2004-12-08 4 IN THE MATTER OF EVERBRIGHT GLOBAL INVESTMENT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that the Final General Meeting of the members of the abovementioned Company will be held at 10 Collyer Quay, #06-05 Ocean Building, Singapore503 words
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Advertisement224 2004-12-08 4 IN THE MATTER OF COMPANIES ACT, CAP SO AND IN THE MATTER OF STEAMERS FUTURE SHIPPING PTE LTD (CO. REG. NO.: *****8839E) (IN VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that in pursuant to Section 308 of the Companies Act, Cap 50 the Final Meeting of the Members of the abovenamed224 words
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Advertisement512 2004-12-08 4 NOTICE OF APPOINTMENT AND SITUATION OF OFFICE OF PROVISIONAL LIQUIDATOR IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF KEN-AIR (TRANSNASIONAL) PTE LTD (Reg No: *****1719 C) Take notice that Chia Fui Min of JM Partner*, 10 Anson Road #11-01 International Plaza Singapore *****3 has512 words
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Advertisement87 2004-12-08 5 I 125 Years "u flifor AAA I nnatinnc UUnrlriuiirtp MST i 11 i M —Ml Ask us about Corporate, Individual or Group Instruction. m Call Berlitz today 6733-7472 or visit www.berlitz.com I 501 Orchard Road #05-03/04 Wheelock Place Singapore *****0 t 1 V D Q X c Q qcK======= C87 words
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Advertisement30 2004-12-08 5 ■L 9 K Hl -ft .r iTotTi pt -■•f^w •■i {H& y■' yi&Sfli^t j;t jfc" :kh:-Bfc-j&. N' SKt •-MaifeVr .k '—^bijjg^^^, naif fTi r'r r MCTfijßff l Use^ it Wisely.30 words
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Advertisement1954 2004-12-08 6 ■I g /H ■I K 1 If 1 ■a ii ■I g l I II ■11 J I I J I Vwdi I international DIGILAND INTERNATIONAL LIMITED (Company Registration Number: *****0571K) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eleventh Annual1,954 words
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Advertisement40 2004-12-08 7 PIAGET EMPERADOR PiageT Geneve PIAGET Boutique: #01-11 Ngee Ann City Tower B, 391 Orchard Road, Singapore *****4. Authorised Retailers: Cortina Watch Roy Eastern Watch Sincere Fine Watches The Hour Glass (Scotts Shopping Centre) For more information: +65 6732 6831 www.piaget.com40 words
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SINGAPORE MARKETS
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Article, Illustration657 2004-12-08 8 TEH HOOI LING - STOCKS STI falls for second consecutive day; several China-related stocks end significantly weaker on high volumes TEH HOOI LING Senior Correspondent HE Singapore market, which has shown much resilience last week despite the China Aviation Oil shocker, appears to be cracking under mounting negative news.AFP - 657 words
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Article547 2004-12-08 8 JOYCE KOH - Compiled by JOYCE KOH SembCorp Industries Dec 7 close: 51.49 UOB-KAY HIAN RESEARCH, Dec 7 SEMBCORP Engineering and Contractors (SembEBiC), a subsidiary of SembCorp Industries (SCI), has clinched US$35O million worth of contracts to restart Essar Oil's refinery project in Gujarat, India. Work is expected to start on547 words
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Article338 2004-12-08 8 CURRENCIES Japanese exporter selling behind US unit's fall AFP [TOKYO] The US dollar fell against the yen in Asian trade yesterday as Japanese exporters hedged their exposure to the US unit while overall trade was confined to narrow ranges in the absence of fresh leads, dealersAFP - 338 words
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TRADES TO WATCH
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46 2004-12-08 8 DATACRAFT Asia independent director Seet Ai Mee sold all her 37,000 shares a 0.01 per cent stake on the open market yesterday at US$ 1.09 apiece. Shares of the information technology services company closed at US$l.OB, up two US cents.46 words
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74 2004-12-08 8 KING Wan's managing director Chua Eng Eng bought 1.55 million shares this week, raising his direct shareholdings to 8.17 per cent from 7.55 per cent. The director bought 1.5 million shares on Monday at 10 cents apiece, then the remaining 50,000 yesterday at74 words
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160 2004-12-08 8 TWO Ace Dynamics directors bought more than five million shares on the open market this week, while a private shareholder sold two million shares and ceased to be a substantial stakeholder. Ace Dynamics chairman and CEO Steven Tham Weng Cheong bought 2.01 million shares on160 words
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65 2004-12-08 8 KENNETH LIM - Compiled by KENNETH LIM JEL Corp chairman and CEO Eric Tan Boon Yong sold five million shares on Monday at 28 cents apiece in a married deal. The deal pared his direct and deemed stake to 69.96 per cent from 72.47 per cent.65 words
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Article, Illustration332 2004-12-08 8 LIM SAY BOON - CHART POINT By LIM SAY BOON, OCBC Investment Research AFTER last week's blistering pace, the Straits Times Index (STI) may consolidate this coming week within a narrow range between 2,020 and 2,056 while it marks time. Yes, the index's performance last weekSource: Bloomberg - 332 words
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Article, Illustration437 2004-12-08 8 OTHER SINGAPORE INDICES Dec 7 VALUE CLOSE BT OB/OS -426.00 -312.00 BT CADI -*****.00 -147.00 BT 10-day MA -*****.00 -43.00 All-SG Equities 518.28 -3.42 SG Equities Elect 158.87 -3.66 SG Equities Fin 1592.52 -8.64 SG Equities Prop 506.43 -5.89 SIMSCI 240.32 -1.61 SiMSCI Futures 240.00 -1.20 MOST ACTIVE STOCKS VOLUME437 words
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SINGAPORE NEWS
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Article, Illustration758 2004-12-08 9 DANIEL BUENAS - 'Connectivity' pact will allow them to leverage on each other's strengths From DANIEL BUENAS in Hanoi SINGAPORE and Vietnam will work together over the next few months to finalise details of a proposed connectivity agreement that will allow each country to leverage758 words
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403 2004-12-08 9 CHEN HUIFEN - It has developed protein fragment that stops cancer cells multiplying By CHEN HUIFEN A*STAR'S commercialisation arm Exploit Technologies is seeking private sector participation to help develop a breakthrough technology that can be used to kill cancer cells. Its scientists from the Genome403 words
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241 2004-12-08 9 Bloomberg [SINGAPORE] Indonesia said that it is willing to supply liquefied natural gas to Singapore, which is examining the feasibility of setting up a terminal to import the fuel. "If we can reach an agreement, we would be very keen to bring our gasBloomberg - 241 words
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Article, Illustration301 2004-12-08 9 NETWORK Indonesia can play a role in reviving Indonesia's economy and one of the avenues is to consider collaborations with other country-specific networking groups, according to Trade Minister Lim Hng Kiang. In a speech delivered at a cocktail reception last night to commemorate Network301 words
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240 2004-12-08 9 SUCCESSFUL entrepreneurs in Singapore's Indian business community will be recognised tonightat a presentation of the inaugural Singapore Indian Entrepreneur Awards. The awards are jointly given out by the Singapore Indian Chamber of Commerce Industry (SICCI) and DBS Bank. The award ceremony will be held240 words
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629 2004-12-08 9 KALPANA RASHIWALA - By KALPANA RASHIWALA TWO fairly attractive residential sites one next to Redhill MRT Station and the other near Tanah Merah MRT Station will be made available to developers through the reserve list in the first half of next year. The Redhill MRT629 words
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Advertisement30 2004-12-08 9 76 Bras Basah Road Singapore *****8 Tel: (65) 6338 8333 Fax: (65) 6339 6866 Email: roomreservations@carlton.com.sg www.carlton.com.sgwww.carlton-hotel.net A MEMBER OF CARLTON GROUP OF HOTELS AUCKLAND BRISBANE MELBOURNE PARRAMATTA SINGAPORE SYDNEY30 words
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ECONOMY WATCH
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417 2004-12-08 10 Washington urged to cut its huge budget and current account deficits Reuters [BRUSSELS] European finance ministers pointed a finger of blame at US policy yesterday as the euro clung to record highs against the greenback despite a statement with theReuters - 417 words
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Article444 2004-12-08 10 ANNA TEO - By ANNA TEO [SINGAPORE] Against a backdrop of slower global economic growth and continued decline in the US dollar, Asia's GDP growth will consolidate in 2005, with domestic demand taking prominence over exports. That's Citigroup's take on the economic outlook for the Asia-Pacific region, which it444 words
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372 2004-12-08 10 PAULINE NG - By PAULINE NG in Kuala Lumpur AN independent think-tank has called on Malaysian exporters to compete on their own steam rather than continue to rely on an undervalued ringgit. The Malaysian Institute of Economic Research (Mier) said while the undervalued currency has contributed to372 words
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Article, Illustration1253 2004-12-08 10 ROBERT ROUNTREE - The yellow metal is regaining appeal as the first asset of choice, says ROBERT ROUNTREE ROBERT ROUNTREE THE cat has been well and truly let loose amongst the pigeons in the currency markets. Both US Treasury Secretary John Snow and Federal Reserve BoardREUTERS FILE PHOTO - 1,253 words
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MALAYSIA/INDONESIA
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515 2004-12-08 11 S JAYASANKARAN - Their share prices have risen as much as 95% in the last 6 months By S JAYASANKARAN in Kuala Lumpur THREE units of Malaysia's sprawling Lion conglomerate are leading the charge on Bursa Malaysia in a rush that vindicates the restructuring measures515 words
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263 2004-12-08 11 Reuters. Bloomberg [JAKARTA] Indonesia sold a 20 per cent stake in the country's seventh largest bank, Bank Permata, at 750 rupiah per share or around a 36 per cent discount from its latest closing price. Mohammad Syahrial, the head of stateReuters.; Bloomberg - 263 words
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Article, Illustration483 2004-12-08 11 Denomination of bond to be decided: PM Abdullah Bloomberg [KUALA LUMPUR] Malaysia may sell global bonds next year, Prime Minister Abdullah Ahmad Badawi said. That would be the nation's first overseas debt sale in more than 30 rftonths. He declined to give details,Bloomberg; REUTERS - 483 words
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23 2004-12-08 11 HMPS **AtiHa ttSfffWt vtftt Hew- tux TIIOI Asliiit Z .j IT t..'hn I "m m23 words
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231 2004-12-08 11 Reuters [JAKARTA] Indonesian authorities detained the governor of rebellious Aceh province yesterday over his alleged involvement in a graft case, his lawyers said. In July, the country's top anti-graft body, known by its Indonesian acronym KPK, named Abdullah Puteh as a suspect inReuters - 231 words
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Advertisement149 2004-12-08 11 m W wßr y W W&mSmM Incorporate Being Biggtslißtst By PPU 1^ lUKalililM Trading Company (Free Trade Zone) Wholly Own Foreign Enterprise (WOFE) 4 Branch/ Representative Office ■lUUHmhI Taiwan Malaysia Macau Thailand IbBBTOkHbI Brunei Delaware IIiUAISiJLIILI Labuan (M'sia) Nevada Hong Kong Singapore BVI Cayman Virtual Office Facilities Secretarial Service Forwarding149 words
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GREATER CHINA/INDIA
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452 2004-12-08 12 Move to build 3 big steel mills could free China from its reliance on imports [BEIJING] China, making a glaring exception to its policy of damping investment growth, has approved the construction of three big steel mills, says the Financial Times. The452 words
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Article, Illustration390 2004-12-08 12 Bloomberg [HONG KONG] HSBC Holdings has appointed Vincent Cheng chairman of its Hong Kong unit, making him the first Chinese national to hold the post. Mr Cheng, 56, replaces David Eldon, 59, who is retiring as chairman of both Hongkong andBloomberg; BLOOMBERG - 390 words
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390 2004-12-08 12 Reuters [HONG KONG] Beijing Media Corp, the advertising and sales unit of Beijing's biggest newspaper publisher, plans to spend 630 million yuan (*****.5 million) in television and on acquisitions to counteract a potential revenue slowdown, its underwriter said. Growth in China's advertising market, theReuters - 390 words
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Article134 2004-12-08 12 AFP [SHANGHAI] A luxury mansion in Shanghai is retailing for US$l5.7 million, topping the list of the most expensive properties in China, state press reported yesterday. The house in Shanghai Ziyuan Villa is the priciest locale in the eastern city, along with Shanghai Tangong Villa, theAFP - 134 words
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Article, Illustration648 2004-12-08 12 JEAN CHUA - CHINA INSIGHT A potential revenue of HK$10b to help bridge the budget deficit is an irresistible proposition JEAN CHUA Reporter JUST an hour's ferry ride from Hong Kong is the favourite playground of many Asian gamers. Each weekend, as if observing some648 words
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278 2004-12-08 12 AP (NEW DELHII Coca-Cola and Pepsi sold in India must carry a consumer warning after the nation's Supreme Court said tests of the soft drinks bottled locally turned up high levels of pesticides, a newspaper reported yesterday. The court gave the soft drinkAP - 278 words
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Page 12 Advertisements
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Advertisement261 2004-12-08 12 Y1 ri a j __r L 2mDiners Club Credit Card To apply, call: 6416 0989 Where to wine, dine and entertain... ftl%r v% r r v MO: i -o- ®r]tii-^v/ v, kciAwN\ v i M MMiIMMi 1 r; n'' i\T. BBfcwwiwwg wMt^W 'StzLZsri 56.50 Only per main tour*• I I261 words
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ASIA-PACIFIC/WORLD
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Article, Illustration439 2004-12-08 13 Preliminary deal includes keeping the IBM brand for a few years NYT. NYT,Bloomberg [NKW YORK] IBM has reached an agreement in principle to sell its personal computer business to Lenovo, China's largest PC maker, in a deal valued at between US$lNYT.; NYT,Bloomberg; REUTERS - 439 words
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Article, Illustration414 2004-12-08 13 Reuters, Xinhua [MACAU] Australia's Publishing and Broadcast Ltd and Hong Kong joint venture partner Melco signalled plans on Monday to expand in the gaming business in Asia, with possible casinos in Thailand and Singapore. "This is just the beginning. We are keen toReuters,; Xinhua - 414 words
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259 2004-12-08 13 Bloomberg, NYT NYT [SEOUL] Samsung Group, parent of South Korea's largest company by sales, said it plans to increase next year's research and development spending by 20 per cent to sustain its competitiveness in chips, screens and mobile phones.Bloomberg, NYT; NYT - 259 words
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326 2004-12-08 13 Reuters [MELBOURNE] Amcor Ltd, the world's top maker of plastic bottles, ousted its chief executive after finding out that some staff may have acted illegally to drive up cardboard box prices, knocking 10 per cent off its shares. The packaging firm said yesterday itsReuters - 326 words
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Advertisement13 2004-12-08 13 n I— T RIVIERA H-rK v J" 'y C M ft [g N13 words
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WORLD
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Article, Illustration582 2004-12-08 14 With the revamp, it will refocus on high-margin services and clients Reuters [ZURICH] Credit Suisse will merge its investment bank Credit Suisse First Boston with its private bank and plans to float its Winterthur insurance arm, the Swiss group said yesterday. InReuters; BLOOMBERG - 582 words
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301 2004-12-08 14 LATEST US DATA Bloomberg [WASHINGTON] The productivity of US workers grew at a revised 1.8 per cent annual rate from July through September, the smallest gain in almost two years, and labour costs rose, a government report showed. Productivity, a measure of howBloomberg - 301 words
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398 2004-12-08 14 Reuters [PARIS] French fashion legend Pierre Cardin is putting much of his empire up for sale, seeking US$l billion for his couture and licensing businesses as well as the Maxim's restaurant concerns, he told weekly L 'Express magazine. Mr Cardin, whose empire stretchesReuters - 398 words
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Article269 2004-12-08 14 BBC to cut 11 of its workforce Bloomberg [LONDON] The British Broadcasting Corp (BBC) will cut 11 per cent of its workforce as part of a plan to save £320 million (Ssl billion) a year after an internal review of the organisation by its new directorgeneral. The broadcaster will cutBloomberg - 269 words
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WORLD WATCH
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Article72 2004-12-08 14 Bloomberg [NEW YORK) Colgate-Palmolive Co, the world's biggest toothpaste maker, plans to cut about 4,440j0b5, or 12 per cent of its workforce, as part of a four-year restructuring programme. Colgate expects to take charges of US$55O million to US$65O million, it said in a PRBloomberg - 72 words
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93 2004-12-08 14 AFP (FRANKFURT) German insurance giant Allianz estimated yesterday that it faced an additional 80 million euro (Ssl 75.8 million) charge following a US court ruling that the Sept 11, 2001 attacks on the World Trade Center formed two events, not one. The ruling pavesAFP - 93 words
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61 2004-12-08 14 Reuters INFW YORKI Advertising spending at US newspapers is likely to rise more than 4 per cent next year, a slightly faster rate than in 2004, led by classified ad sales. Newspapers are likely to take in an estimated US$4B.6 billion worth of advertisingReuters - 61 words
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264 2004-12-08 14 NYT [SAN FRANCISCO] A mystery unfolded on Monday in US Bankruptcy Court when a lawyer for an anonymous bidder acquired a set of patents covering important aspects of commercial Internet transactions for US$l5.5 million. The patent portfolio was auctioned as part of the bankruptcyNYT - 264 words
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Article, Illustration116 2004-12-08 14 NYT [LONDON] Artist Jeremy Deller poses before his piece called "History of the World" at the Tate Britain. Mr Deller on Monday won this year's Turner Prize. Britain's most prestigious awardfor contemporary art. for his video "Memory Bucket: A film About Texas". TheNYT; REUTERS - 116 words
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436 2004-12-08 14 AP ISAN FRANCISCO] A selfprofessed guru of offshore tax havens on the Pacific and Caribbean islands was sentenced to six months in prison for conspiring to defraud the Internal Revenue Service (IRS) after prosecutors urged a light term in exchange for his cooperation inAP - 436 words
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A LUXE CHRISTMAS
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Article, Illustration645 2004-12-08 15 JAIME EE, CHEAH UI-HOON - Christmas always starts with the tree, and decorating it is very much a fun part of the season. JAIME EE and CHEAH UI-HOON check out some ornaments to jazz up the tree. JAIME EE, CHEAH UI-HOON 0 Swarovski's Little Snowman ($121), Snow Woman <$175, Snowman $175 o645 words
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Article, Illustration614 2004-12-08 16 JAIME EE - Gift-giving is a Yuletide tradition observed by many. JAIME EE suggests ideas for the flamboyant and the understated sorts JAIME EE WHEN it comes to giving, it isn't always about price. While the general agreement is that the more expensive it is, the better, we think that it's614 words
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Article, Illustration872 2004-12-08 19 JAIME EE - JAIME EE offers some ideas for a memorable Christmas dinner JAIME EE WHAT'S your idea of a memorable Christmas dinner? A lavish meal with champagne, truffles, foie gras and Christmas carollers? Or a casual get-together with friends and some great food that you just need to pick up872 words
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Advertisement20 2004-12-08 15 mm—mam pig *2 i.I r *ri Vi^ltwWnl^SH^^^^^^^Mß 1r Hfc T-W. A„ ■HNMNIM ugg!k& J) Chocolate Log Lemon aM aanniiir! f20 words
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Advertisement70 2004-12-08 16 v Singapore celebrateinstyle > r CH^kks BRASSERIE For reservations, call 6730 3390 Fri 24th Dec Christmas Eve Dinner Fri 31st Dec $88+++ with free flow of Prosecco New Year's Eve Sat 25th Dec Christmas Brunch $88+++ with free flow of Prosecco Countdown Party $60nettwith2 I ,eU,W brut Prosecco, 8 different70 words
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Advertisement375 2004-12-08 17 *'$■.-*;*->vr^v-^- •-^i^ ;^s^P^EWr7^pS "'^?--:;S£;.£<"--* *;r Jo!^<&'f\ <-. %rISSE? 3 V^^f^; f -v TLjtf i -'^SisSm ■M 7 I "*yr mm SI II 11 fl I llh^^H x >l? Bfl IS I nH^^H 1 I Jg~|' l^ If SI H \?~^HH^| ■Hki 1 Va 1 ft liW^M y mm mi ft375 words
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Advertisement513 2004-12-08 18 Ififc a J i H X 2 I #i **Jkijj&.'Lm, I JZmM vv i w lim EX*M /W K B| Hlw 9 Bw H |V <?"s H V H mmaJmß I 'l." T^P^pr ?i Hl .^B^^*' l \k butea superba accumulates at least the ..fill 111 I I Ai|l J513 words
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Advertisement457 2004-12-08 19 ■■W IjH <? Iff Vlf H2 a MBBi ill|i| 1 r fIL r|^^B||^^^B|HH I H H ■«mm i« ">'■" I I j L I jMH P|B L'WtM >' Restore your soul this Oiristmos and let the wealth of the Christmas spirit tome to life, with a Escapade to Banyan Tree457 words
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MOTORING
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Article, Illustration489 2004-12-08 20 SAMUEL EE - Cycle Carriage division to offer high-performance Mitsubishi models By SAMUEL EE MITSUBISHI distributor Cycle Carriage Automotive Accessories has set up a performance division called Ralliart Singapore amid signs that the mature car market needs some bells and whistles to boost sales and489 words
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Article, Illustration450 2004-12-08 20 SAMUEL EE - By SAMUEL EE SINGAPORE'S MercedesBenz Centre the threepointed star's new retail and branding concept will be the first in Asia and is likely to spawn a Malaysian version next year. German luxury carmaker DaimlerChrysler and its exclusive dealer Jardine Cycle Carriage kicked450 words
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Advertisement25 2004-12-08 20 OUR VISION- To be a world-class innovative and creative organisation driven by effective leadership and workforce to provide innovative products and Wmit&pn-ji***-. v r-• -th-h25 words
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AVIATION
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326 2004-12-08 21 Bloomberg [PARIS] The Bush administration won't delay asking the World Trade Organization (WTO) to rule on the legality of European subsidies used to develop Airbus SAS aircraft, US Trade Representative Robert Zoellick said. "The differences are significant and we're serious we'reBloomberg - 326 words
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204 2004-12-08 21 Bloomberg [NEW DELHI] India plans to allow private companies to supply jet fuel, ending the monopoly of state-run airlines and reducing costs for carriers. "Aviation turbine fuel has always been an issue it is a huge part of the costs ofBloomberg - 204 words
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Article385 2004-12-08 21 AIRLINE CODES: AA: American Airlines (AAL), AF Air France (AFR), AI: Air India (AK), AY Finnair Oy (FIN), AZ: Alitalia Airlines (AZA),BA: British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA385 words
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Article, Illustration520 2004-12-08 21 Airbus expects Chinese order for superjumbo soon: Hertrich Bloomberg. AP, AFP [BEIJING] Airbus, the world's largest maker of commercial aircraft, said it may let China's aviation manufacturers supply up to 5 per cent of parts on the proposed A 350 jetliner, the largestBloomberg.; AP,; AFP - 520 words
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Article, Illustration428 2004-12-08 21 AFP. Bloomberg (LONDON] Virgin Atlantic boss Bichard Branson yesterday launched the airline's latest route addition, a non-stop daily service between Hong Kong and Sydney connecting with London. Mr Branson, in Hong Kong, said the seven flights each week on Airbus 340-600 aircraftAFP.; Bloomberg; REUTERS - 428 words
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LOG BOOK
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134 2004-12-08 21 AFP [NEW DELHI] Private Indian airline Kingfisher Air is planning to start domestic services by April with a fleet of eight aircraft, the head of Indian spirits distiller UB group said on Monday. Vijay Mallya told reporters the airline was looking to offer 7,000 toAFP - 134 words
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109 2004-12-08 21 Reuters [PARIS] Air France KLM yesterday reported November passenger traffic was up 4.2 per cent compared with the same month last year and said its passenger load factor dipped 0.4 percentage points to 75.7 per cent. The recently merged group carried 5.04 millionReuters - 109 words
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86 2004-12-08 21 AP [LONDON] Air China, China's largest international airline, has gained regulatory approval to list its shares in London and Hong Kong, the London Stock Exchange said. The company aims to raise some US$l billion in the dual listing, the LSE saidAP - 86 words
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Article259 2004-12-08 21 Reuters lUSBONI State-owned flag carrier TAP-Air Portugal is to study whether to privatise its maintenance business or even the entire company, its chief financial officer Michael Connoly said in an interview. "Following the privatisation of (ground handling business) SPdH, the next step is to study theReuters - 259 words
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SHIPPING
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Article, Illustration139 2004-12-08 22 [SINGAPORE] The GlobalSantaFe Development Driller II (above) was named on Monday at a ceremony at Jurong Shipyard, marking a significant advance by Singapore's Jurong Shipyard into the highly sophisticated semi-submersible rig building market. The SembCorp Marine subsidiary and its sister company PPL Shipyard jointly collaborated139 words
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Article, Illustration554 2004-12-08 22 DONALD URQUHART - Two chartered vessels and six newbuilds to add 17,332 more TEUs By DONALD URQUHART [SINGAPORE] Thai-listed Regional Container Line (RCL) yesterday marked the delivery of its second 1,850-TEU container vessel chartered from Rickmers Reederei as the common feeder expands its capacity554 words
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Article746 2004-12-08 22 DAVID HUGHES - STRAIT TALK By DAVID HUGHES IT would be easy to read too much into a statement issued after last week's meeting of the Seafarers' Committee of the Asian Shipowners' Forum (ASF) in Jakarta. It was reported that Asian shipowners reaffirmed that seafarers' conditions, and that746 words
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256 2004-12-08 22 Bloomberg [SINGAPORE] China Shipping Group Co, the country's second-largest shipping company, has ordered a third two-million-barrel oil tanker from Dalian New Ship Heavy Industry Co, shipbrokers said. China Shipping has ordered a 300,000 metric ton tanker from Dalian New, China's largestBloomberg - 256 words
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204 2004-12-08 22 [LONDON] Although shipping containers were conceived in the US, it seems that the box's potential as cheap accommodation has only dawned quite recently on the country's architects and planners. Early in the history of containerisation, it was discovered that the steel boxes were204 words
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Article305 2004-12-08 22 SGX '000 DecT St Vol CH Offshore 0.38 -0.01 403 ChuanHup 0.65 unch 881 Cosco Corporation 1.07 -0.07 9381 CWT Distribution 0.56 -0.01 30 Ezra Hldgs 1.17 -0.01 31 Freight Links 0.09 -0.01 1297 Grand Banks Yacht 0.92 0.01 51 Jaya Holdings 1.02 -0.01 1705 K1 Venture 0.25305 words
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411 2004-12-08 22 Traders can benefit by building short freight positions: Deutsche Bank Bloomberg [SINGAPORE] Costs to ship dry-bulk commodities such as iron ore and coal will probably fall from record levels in the first quarter and traders can benefit by building so-called short positions, Deutsche BankBloomberg - 411 words
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Page 22 Advertisements
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Advertisement149 2004-12-08 22 Call toll-free 1800 289 8822 Tfrrrrrrtrrrrrrj f GLORY SHIP MANAGEMENT j f PTE LTD 0 We invite applicants for the following position(s):OPERATIONS SUPERINTENDENT(S) (TANKIK FLEET) r* Working experience in tanker operations, supervision A of loading discharging, safety audits, etc., Previous Jr ri experience as Master or Chief Officer onboard j149 words
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EDITORIAL & OPINION
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Article520 2004-12-08 24 EDITORIAL AN arena of peace and prosperity or a theatre of future conflict? Put simply, this is the choice facing North-east Asia in the 21st Century. As Russia's ambassador to .lapan, Alexander l.osyukov, noted this week, it is difficult to be optimistic about political and520 words
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Article, Illustration1051 2004-12-08 24 ANNA BERNASEK - The huge cash build-up by businesses is being viewed as a troubling sign of weak confidence By ANNA BERNASEK NYT ;'V ONEY affects If people in different ways —it emboldens some but makes others miff cautious. Right now, healthy profits seem to have made US corporateNYT; Graphics by CHOO HUA KEONG - 1,051 words
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Article, Illustration694 2004-12-08 24 AL LABITA - THE BOTTOM LINE AL LABITA Manila Correspondent MALAYSIA'S proactive but low-key role in Manila's peace process in war-ravaged Mindanao has somewhat eased hostilities between security forces and the Muslim separatists. But the question is: for how long more? For now, the694 words
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Article, Illustration965 2004-12-08 25 DAVID MASON - With the ban on hunting in UK, everyone suffers, even the fox, but above all the law and democracy have been dealt heavy blows By DAVID MASON THE parliamentary action on hunting with hounds in England and Wales has reached its conclusion, with theREUTERS; AFP - 965 words
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Article, Illustration767 2004-12-08 25 SEBASTIAN MALLABY - Ironically his success may reduce the momentum for good multilateral deals By SEBASTIAN MALLABY 808 Zoellick is an outlier in the Bush economic team. He is not an ideologue. He is not a former private-sector chieftain. He has not been dismissed yet Whereas the style of theBLOOMBERG - 767 words
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761 2004-12-08 25 JOHN G RUGGIE - Gunning for Annan without a word about US blunders By JOHN G RUGGIE THE tale told about the alleged United Nations oil-for-food scandal gets taller with each telling. The US General Accounting Office estimated that Saddam Hussein skimmed US$lO.l billion under UN noses, but it was soon discovered that this761 words
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Page 25 Miscellaneous
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Miscellaneous341 2004-12-08 25 CRYPTIC CROSSWORD trßA e (7) across 7 sailor turned on Sarah at the 1 Alongside a disc-jockey, one lowest level (5) with Tittle money (8) 8 Making up one's mind about 5 Pierced wire used by fencers diced gin cocktail (8) (6) 9 Left in chaotic confusion 10 Is it341 words
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Article4013 2004-12-08 26 STRAITS TIMES INDEX STOCKS Stock name Wl dose Change Stodc name Wl Oof Oingi Allgreen 50c 0.29 1.050 -0.050 NOL 2.13 2.970 -0.030 BIL Intl US20C 0 46 0 980 -0.010 OCBC 10.01 13.300 4 100 CapitaLand 1.36 2 030 -0.030 Parkway H 25c 0 66 1.410 40104,013 words
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Article3106 2004-12-08 27 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES local con In SS In USS Ndy y dy yr dy "Hiyr I inOM Change Change Orange Change Change Change Vtortd Index Preliminary 832 8 -0 4 7D -04 59 A3 10.1 »EAft Preliminary 753 6 04 75 -0.3 10.1 -0.2 144 Europe3,106 words
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Page 28 Advertisements
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Advertisement1543 2004-12-08 28 I TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I IviSSEI Ivor rn |roSIwtID>IG»Ii>O<|Bd>UAS|HOUSIOII|WMMIPMg TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) LOSANGEIfS EXPRESS IDEM OMIT 07/12 I 24/12 30/12 31/12 29/12 29/12 01/01 ymii VOr''fittSHT"fW I rai |M STB Ittl <M 00U.R0TTER0AM OIESI 14/12 15/12 I 31/12 04/01 07/01 05/01 OVDI1,543 words
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Advertisement859 2004-12-08 28 IIWCTAIIA KOtO HKVICt vßsa/vor Mwwm hbghhw kg kh ig sw jkt Slum VENTURE /14 1$ 3.J 25/11 27/11 02/12 OS/12 07/12 STIAITS VENTURE /17 IS 3.2 W/12 12/12 lt/12 H/ll 21/12 STRAITS VBtnißE/H IS U 23/12 24/12 30/12 02/01 04/01 IWWT AWA/MNOAI 10*0 «V 1 VPSB/VOT IMRPffT) HOGHT(N) TO» Kit859 words
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Page 29 Advertisements
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Advertisement1052 2004-12-08 29 MOi Combines a range of shipping modes to ensure timely, reliable services covering major ports in Norm America, Europe, Japan, Asia, Africa Oceania. Abo accspt Intra-Asia Cargoes to: BUSAN KWANGYAN6 SHANGHAI YANTIAN XIAMEN QMGDAO BELAWAN J JAKARTA SURABAYA KAOHSIUMG BANGKOK lAEM CHABAHG jfoOjgjjt PASIR GUDANG PIHAHG PORT KEIAHG For Schedules,1,052 words
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Advertisement1287 2004-12-08 29 VESSEL VOY SIN JKT HKGjItHHpNC KYH PUS VESSEL VOY SIN JKT SUB HKG DSN PUS HY PROGRESS OBBS 13/1? 15/12 20/1? 22/17 24/12 76/1J 26/1? KMTC PORT KELANC 417S 12/17 15/12 16/12 21/1? 25/12 26/12 HY BRIDGE M7S 23/12 25/12 30/12 _l/l_ _3/l_ _VJ_ _5/1_ KMTC SINGAPORE 417S 19/12 22/121,287 words
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Advertisement196 2004-12-08 29 Gemartrans (S) Pte Ltd GEMARTRANS OPERATOR COOE QT CM NO; *****M0000R -~V FOR BOOKINGS: TEL FAXSINGAPORE *****662/ 6227*592 *****661/ *****110 KUALA LUMPUR (03) *****889 (03) *****102 3 SAILINGS WEEK TO HCM vtssa vor sin hcm ANEMI T7N 10/12 13/12 SAIPAN STAR MN 11/12 14/12 DA XIN M2f 13/12 16/12 GEMARTRANS196 words
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Advertisement1025 2004-12-08 29 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL VOT SIN P.KLANG COLOMM N. SHEVA COLOMRO mmm jmbl mm -nil hbk iam urn BAV BRIDGE 004W 13 DEC 15 DEC 16 DEC 21 DEC 24 DEC PACIfK QUEST 0002W 20 DEC 22 DEC 25 DEC1,025 words
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Advertisement795 2004-12-08 30 luAf WALLENIUS WILHELMSEN website: http://www.2wglobol.com VtSStL VOY "RAMP HEIGHT SIN IX MAO "hOU«~ MIA SAV BAL OWF NYC~ NEW ~MOB~I TAMESIS AF424 320 Tons 6.4 M 19/12 08/01 19/01 26/01 27/01 31/01 30/01 02/01 23/01 TAMPA AFSOI 420 Tors 6.4 M 01/01 24/01 02/02 09/02 10/02 14/02 12/02 16/02 06/02795 words
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Advertisement1550 2004-12-08 30 VtSSEL VfiY SIN PCU YISSH. W. SM JKT JKJtm Hi™ 08/12 09/12 PKHHTAH 22ZZ M/H 12/12 CSF 2301 0067P 09/12 11/12 PAC»AU 1114 11/» 14/H PACIAHDA 13S8N 10/12 10/12 lUMUU7 8226 11/12 12/12 PAC BANPA U}?H U/J2 12/12 PACBINTAN 9278 16/12 19/12 csf 2301 2m. 12/12 13/12 PAC BAMPA 1360N1,550 words
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Advertisement646 2004-12-08 30 BSA x MYANMA n FIVE STAR LINE (Myanmar National Line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU PAGAN 336W SLD SLD HPA-AN 326W SLD IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUI/PKL 03-*****388 PEN: 04-*****1S ACCEPTING CONVENTIONAL COO HKG SIN HKG SIN PGU PKL KUC NAPIU 100 SLD SLD SLD646 words
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Advertisement1231 2004-12-08 31 I MM ft f\ S pore Agents lAI Shipping Agency (S) Pie ltd (CR MO; 16S*****000Z) I \f I 180 Cecil Street *11-03 Bangkok Bonk Building Singapore *****6 J Cs fit PCI SI CI Tel: 6323-6466/77 Fox: 6323-6433 Website: www.iittrasialiMJ.cta 1 SUPEREXPRESSSERVjCETO HONQ K °NG&JAPAN VKSft VOY OSK KOI SMZ1,231 words
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Advertisement420 2004-12-08 31 I Tp CARRIERS MXL MTAN«M» IXMISS SUVICt WHKIY FIXED BAT SAILING SINGAPORE POUT REANG TANGO* VESSEL VOY SIN PKL TON TAH6ONSTAH M7H QS/12 SUH 87/12IUC 11/HSAT TAHGOM STAR 3*lll 17/12 HI 19/12 SUM 23/1? THU YAMGOW STAR Jin 21/12 WH) 31/lim M/Dl TUI YAHGOM STAB 37HH 10/01 MOW 12/OlWffl) lA/01420 words
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Advertisement972 2004-12-08 31 fj~\ I lIVICC MAIN: TtL: 6221-1333 FAX: 6221-5272 fITSy iUL LI 111 CO CUSTOMER Sam: TIL 6221-5596 FAX: 6227-8190 /CJ£m SINGAPORE: TOHG JOO SHIPPING PTI LTD *■<* W*»r www^tiwM* ivtssa Ivor eta sin not Iwi IvKsa voTnAsmlki vtssci I voy rr* siw I siiu~ vtssa WmaiiNGOH «UNGAMAS9 4005 05/12 10/12972 words
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Advertisement251 2004-12-08 31 Liner breokbulk service S.E. Asio/USA vi<e verso SPECIALISE IN HEAVY UFTS A PROJECT CARGO SINGAPORE DtsHwaHaa MV INDUSTRIAL CENTURY MM Dm Ma*?*a Urn*. SMr, hk CMiar Parts Enravtt DARWIN Dnltaalta* MV INDUSTRIAL CHIEF H/lT Hw| n jtil hriw. lata looi/Staatm, Vaaa»4a USEC (Mat part aa Id—l HOUSTON DfsHtllti MV INDUSTRIAL251 words
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Advertisement485 2004-12-08 31 ■HMHllGtllSt/^^MllMjlvK^ ■PffSHl TIGER WAVE 242N 14-15/12 21-23/12 21-29/12 I BaUSUkall TIGER PEARL 243N IS-19/12 24-26/12 01-02/01 ■<™!™ TIGER SKY 244N 21 22/12 28-30/12 04-05/01 I ■■■■TIGERSEA 24SN 26-27/12 01-03/01 09-10/01 I 24*N 28-29/12 04-Qt/QI 11-12/01 307r0Wl^n9/l^n!/l^ ■ffHRMTIGER SPIRIT 096 14-15/12 21-23/12 31-01/01 I ■UjUUxPRESLHOTSE 613 11-19/12 24-26/12 I TIGER CUFF485 words
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EXECUTIVE MONEY
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Article, Illustration1093 2004-12-08 32 WONG SUI JAU - MONEY MATTERS Fears of a freefall are overdone and a declining greenback actually poses an opportunity for Asian investors WONG SUI JAU NOW that the price of oil has dropped below US$5O, fears over rising oil prices have receded. Investors are now worried aboutREUTERS - 1,093 words
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Article, Illustration347 2004-12-08 32 Chua Boon Lee - By Chua Boon Lee Standard Poor's Associate, Fund Services A weekly highlight of the top fund sectors over a 12-month period. Data from Standard Poor's Fund Services. T As the year-end fast approaches, equity investors everywhere are likely to be eagerty looking into their portfolio statements to347 words
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Article, Illustration1136 2004-12-08 33 TAN LEE KHOON,FLORENCE NG - YOU AND THE TAXMAN TAN LEE KHOON and FLORENCE NG explain how to maximise the benefits of transferring losses to another unit in the same group TAN LEE KHOON,FLORENCE NG By ERNST YOUNG THE group relief system goes some way to recognising groups of companies asBy ERNST & YOUNG - 1,136 words
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Article34 2004-12-08 33 UNIT TRUSTS FUNDS LEGEND:All prices are indicative;Broadly Diversified; Narowly Focused;$ 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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Article, Illustration816 2004-12-08 34 GENEVIEVE CUA - Changes in the Insurance Act signal the start of a new trend: traditional protection without the promise of cash values and returns. GENEVIEVE CUA reports GENEVIEVE CUA M OULD you buy a tradi- tional insurance plan H Jf H. m w t^uut any guaran- Jf 11 m teed816 words
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Article182 2004-12-08 34 RISK-averse clients may baulk at plans without guaranteed values, but the comfort they get from today's guaranteed whole-life plans is psychological at best because they offer miserly guaranteed rates. For a plan with a sum assured of $200,000, for example, a 35-year-old male policyholder won't182 words
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Page 32 Advertisements
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Advertisement350 2004-12-08 32 This December, it's a full calendar of exciting 31 December Cruising into 2005 and fun festive activities at the Carlton! 7.00pm: "Setting Sail" Cocktail at Cafe Vic Pool Bar Captain's Lounge opens at the Lobby From 1 December 30 Days of Christmas Where 30 windows greet you with festive goodies350 words
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Page 33 Advertisements
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Advertisement92 2004-12-08 33 International Business Park (IBP) Close to Jurong East MRT station and bus interchange The Strategy JSsSk 115sqm onwards i^grSSa Raised floor system Column-free layout The Synergy 142sqm onwards Great tenant mix I gj2Sgfl||^P&^ Column-free layout U S W!»«H. 9 Changi Business Park 10-min drive to Changi airport and close to92 words
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Advertisement62 2004-12-08 34 money matters I a weakening greenback actually P oses an opportunity for fHB& I Asian investors PG32 I JKH ■iiMiiiinniiMiiiiiiliih iMm i V V: ,;.l -Jfc £4': Actual specifications and equipment may differ from model shown here. 3 years or 100,000 km (whichever is sooner), except for tyres and battery.62 words
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Advertisement51 2004-12-08 35 i. \f 5* k y v |H| ■I w v v B 0 H o H^B H v. H .j j^^K |H ■I prt^jnU The Manufacture QoMfs s To You H BTH i2jm December 2004 4K vVkfi3l3F^e j^amifl H ANN Qffv, Singapore 1 1 i| lllffiLl 1M yMHi. luliutaL^i i51 words
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Advertisement53 2004-12-08 36 yCoULTP^ H Craftsmanship Area H fA* Craft*maiuhip area, the four Master 1H Craftsmen will be demonstrating their skills and expertise in Enamelling, Gem Setting, Engraving aß a There will also be explanatory panels to visually demonstrate the various steps in the process of watchH Oock»>se torn left Enomdter, Sem H53 words
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Page 37 Advertisements
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Advertisement49 2004-12-08 37 |H those intending to elevate their ardour for |H timepieces to the next level, Jaeger-LeCoultre BB |H had also developed a served of Master Classes for watch aficionados to learn the basics in assembling Upon completion of the Master Class, graduates a certificate from the Manufacture. Master only upon49 words
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Advertisement29 2004-12-08 38 wF I Hi.'v ■U. Jh. r V ■-< r i,. mi. :ti-"' mi Clockwise from left 101 Etrier, Icteale.Atmos Mysterious. Gyrotourbilbn 1. Master Diadem Reserve de Marche. Reverse Grande GMT.29 words
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Advertisement260 2004-12-08 39 H <r> cJIw leCoultre* J IPs gf Pliiw fl *B^«ss**. 1 Immr-j&miw* J f The MANUFAcfuRE Comes To You gr y the very heart of Switzerland to Singapore, Jaeger-LeCoultre proudly presents The Manufacture Comes To You (MCTY). From Bth to 12th December2oo4, MCTY sets the stage for Jaegcr-LeCoultre s team260 words
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Advertisement27 2004-12-08 40 .f. 454 "jf, fj i'.Ts S;j w?* -'t V *v us JFj; iljhjkl "ijfc-c nmLT *fij a"* .-^'i&* fW'.■ > 3 ,||^fipp^»l^B V?'-? V--. w <.-*•,> :J§l H J27 words
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