The Business Times, 4 February 2005

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Total Pages: 32
1 32 The Business Times
  • 15 1 THE BUSINESS TIMES inline at http://busircess-times.asial .com.sg SINGAPO&WS%e*i <:••• v. MICA (P) 023/03/2004 Friday, February 4,2005
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  • 441 1  -  By R SIVANITHY [SINGAPORE] Should the customer always come first? Or should dealers be allowed some leeway when handling trades in their own accounts? This is the question the Singapore Exchange (SGX) is looking to answer via a consultation paper being circulated
    441 words
  • 138 1 STI 2.108.16 (-0.53) ST INDEX FUTURES 2,105.00 (+1.00) siMsa 251.66 (-0.39) SIMSa FUTURES ***** (-0.40) MARKETS Thursday Chang* KLSECOMP 917.85 -0.66 NIKKEI 225 11.***** -17.79 HANG SENG 13.515.33 -40.47 SET INDEX 716.92 +6.59 JAKARTA COMP 1.049.33 -3.49 MANILA COMP 2,000.22 +10.57 SEOUL COMP 928.79 +7.35 SHENZHEN B 242.63
    138 words
  • 594 1  -  27.5% tariff on all manufactured imports if yuan is not revalued within 6 months By JEAN CHUA AFP, Bloomberg, Reuters [SINGAPORE] China has a six-month deadline to revalue its currency under a Bill to be introduced in the US Senate, or
    AFP,; Bloomberg,; Reuters; BLOOMBERG  -  594 words
  • Page 1 Advertisements
    • 67 1 TROUBLE AT CAO Key creditors reject debt plan PG4 IN THE RAFFLES CONVERSATION TOMORROW COWTEWTS TOP STORIES... PG 2.3 AVIATION KlB COMPANIES.. PG 4,6. SHIPPING PGI9 8.9 EDIT PG 20 MARKETS PG 10 STOCKS PG 22.23 SINGAPORE PG 11 LIFESTYLE... PG 20-32 ECONOMY PGI2 M'SIA/INDON.. PG 13 |M II l||||
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    • 71 1 SINGTEL On track for double-digit BT Online Dont miss out on our financial news and data services Log on to BT Online after 11.30pm on a trading day and get the dosing prices of ail stocks traded on the following exchanges: Kuala Lumpur, Bangkok, Hong Kong, Jakarta, Manila, Mumbai> Shanghai,
      71 words
    • 87 1 THE MNER ORCLE SBV) Yudhoyono set to form US-style advisory j i irecision L.U.C "Twin", ntre seconds v MANUFACTURE The L.U.C collection is exclusively available at selected watch specialists and Chopard Boutiques worldwide. IN SINGAPORE: Chopard Boutique: 391 Orchard Road, n° 01-18 Ngee Ann City, Tel. 65/6733 81 11. Sincere
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    • 14 1 ■nßHnimmnuKP MMWCvwOH Changes will see 2.7 m people covered under scheme k P63 m
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  • TOP STORIES
    • 542 2  -  BT exclusive But the move runs the danger of a political backlash and more red tape By SHOEB KAGDA in Jakarta INDONESIAN President Susilo Bambang Yudhoyono is set to ring the changes by forming a USstyle advisory council to strengthen the office of the
      AFP  -  542 words
    • 620 2  -  By RONNIE LIM [SINGAPORE] The planned underground oil storage complex on Jurong Island would free up valuable land tion facilities, says an Economic Development Board official. Asked how the underground storage project fits the overall strategy for Jurong Island, EDB chemicals cluster
      FILE PHOTO  -  620 words
    • 587 2 SingTel's Q3 net profit 11% to $760 m SIroAPORE Telecommunications is on track to deliver double-digit earnings growth for its fiscal full year, despite an 11 per cent drop in boosted by one-off gains, from exchange rates and the sale of a stake in Belgacom, totalling $409 million.
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    • 515 2  -  By CHUANG PECK MING [SINGAPORE] Trade and investment between the United States and Singapore increased in the first year of their free trade agreement (FTA), the two countries said yesterday in a joint statement. Two-way trade jumped 10 per cent to
      515 words
    • 669 3  -  Reports by GENEVIEVE CUA [SINGAPORE] THE MediShield makeover will see some 2.7 million people covered under the national health insurance scheme, plus a choice of enhanced schemes for those who want a more luxurious standard of health care. MediShield Basic will become the default hospital
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    • 266 3 [SINGAPORE] Competition among private insurers will be stiff for the MediShield Phis portfolio which is seen as the gateway to a very substantial presence in the health insurance market. The Health Ministry (MOH) yesterday said it will tender out the portfolio to the
      266 words
    • 602 3  -  Underlying net gain beats expectations with 10.3% growth to $747m By ANGELA TAN [SINGAPORE! Singapore Telecommunications is on track to deliver double-digit earnings growth for its fiscal full year, despite an 11 per cent drop in third quarter net profit announced yesterday. "This was
      602 words
  • Page 2 Advertisements
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  • COMPANY NEWS
    • 428 4  -  It is eyeing stake in Pakistan Telecommunication By ANGELA TAN SINGAPORE Telecommunications, which already derives three quarters of its revenues overseas, is open to investing in Pakistan's telecom industry as well as increasing its stake in India. SingTel's chief executive officer Lee Hsien Yang
      428 words
    • 514 4  -  TROUBLE AT CAO Offer dismissed by two as 'totally inadequate' and 'unreasonable' By KENNETH LIM THE debt restructuring plan proposed by crippled jet fuel trader China Aviation Oil is "unacceptable", two of the company's biggest creditors said yesterday. "We have formally advised the company of
      FILE PHOTO  -  514 words
    • 605 4  - CAO parent gets to play hard ball —for now HOCK LOCK SIEW By WONG WEI KONG IF anything, the latest lawsuil filed against China Aviation Oil (Singapore) or CAO is a reminder that the game is fai from over for its Beijing-back-ed parent, China Aviation Oil Holding Co (CAOHC). To
      605 words
    • 707 6  -  Strike a balance between financial and non-financial drivers of a company's health, says MICHELLE QUAH MICHELLE QUAH THE recent debate on corporate governance in Singapore has focused much on management accountability and audit, a situation wrought by the Enron and Worldcom debacles which were the result
      Source: Economic Intellegence  -  707 words
    • COMPANY BRIEFS
      • 79 6 HESHE Holdings yesterday said it has completed investment agreements it had entered into with Chng Weng Wah on Dec 29,2003, and Soh Kim Yong on Aug 18, 2004. Under the agreements, Heshe has issued 163 million new shares to Mr Chng 50 million to Mr Soh,
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      • 64 6 SINGAPORE Technologies Telemedia and its subsidiaries, Indosat and Star Hub, have pledged to donate $1.3 million to rebuild schools destroyed by the tsunami in Banda Adeh. Since the tsunami disaster, ST Telemedia, its subsidiaries and employees have pledged $2.8 million in cash, products and services to
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      • 117 6 MAINBOARD-LISTED Firstlink Investments Corp has, through wholly-owned subsidiary Glopeak Land, started a 90-unit incubation centre to provide alternative and affordable office space for start-ups and high-tech enterprises. "While it sees itself as a co jnplement to The Hub of Tephnopreneurs (HOTspots), an initiative first mooted by the
        117 words
      • 102 6 UNITED Overseas Bank Limited said it has, together with its two Thai banking subsidiaries, Bank of Asia Public Company Limited (BOA) and UOB Radanasin Public Company Limited (UOBR), submitted to the Bank of Thailand a final agreed merger plan to combine the two Thai
        102 words
    • 3193 6 UNIT TRUSTS FUNDS Shemor Hcom»<USD) 0.92* Shentor Asa Pacific!" 0.886/ MNMntamM(S Hfil Sjw*xl GfcOpportal*«i,'" 0698/ toEaootEflSr 5 OTVU ShtntonDynamcBond/* 1.41/ SZKXKrf ShMon Grt«er China 132* XEESIw 1*1 MmtabGlobd/** tt72V noS ShenmnGtabalAdiianiage 2.0* sag 8 iss Star Ana Baianad 0*1/ 2rKL2!£ 6 P IKS star Glow Technology fuidl" 1197/ i".m™ 0791/
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    • 502 8  -  FINANCIAL RESULTS Full-year net income more than doubles to US$6.2m By RAJU CHELLAM SINGAPORE-BASED Pacific Internet plans to get into the wireless infrastructure business in Singapore and the region to take advantage of the huge opportunity that is opening up for services like WiFi,
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    • 390 8  -  By JOYCE KOH ELECTRONICS components distributor Excelpoint Technology followed up its profit warning last week with an announcement yesterday that it had fallen into the red for the quarter ended Dec 31, 2004. But the company stayed profitable for the full year, as
      390 words
    • 300 8  -  By ANDREA TAN WING Tai Holdings' net profit for the second quarter ended December rose I*l per cent to $6 million, thanks to higher earnings from its associates and joint ventures in Hong Kong. This brings the property group's net earnings
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    • 301 8  -  By JOYCE KOH CHIP Eng Seng (CES) yesterday posted full-year results that underscored its decision to diversify into property development three years ago in the face of a contracting construction industry. The company posted a 23 per cent
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    • 416 9  -  Boost from investment sale gain; 38m warrants for CEO-linked firm By WONG WEI KONG VENTURE capital firm kl Ventures, an associated company of Keppel Corp, has declared dividends for the first time after seeing its latest quarterly earnings jump five-fold. The company
      416 words
    • 380 9  -  By KENNETH LIM CONTINUING the momentum of last year's turnaround, semiconductor solutions provider Ellipsiz said interim net profit rose 39 per cent to $5.2 million as its growing volume of recurrent contracts helped to weather a tough six months. Mainboard-listed Ellipsiz, which incurred
      380 words
    • OTHER RESULTS
      • 71 9 HUAN Hsin Holdings posted an 8 per cent rise in FY2004 earnings to $32.2 million as full-year revenue rose 40 per cent to a historical high of $471.4 million. Excluding the loss from associated companies, net profit would have risen by 33 per cent to
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      • 42 9 ASL Marine Holdings reported a doubling in first-half net earnings to $5.9 million on the back of a 48.4 per cent jump in revenue to $69.1 million. ASL attributed the revenue increase chiefly to its shipbuilding operations.
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      • 106 9 SEA View Hotel, which has sold its namesake hotel in Katong, said that if it is not able to find a suitable new business that would meet the SGX's listing requirements, the company will be delisted. Sea View's directors have up to March 31,2005,
        106 words
      • 34 9 MAINBOARD-LISTED IDT Holdings has reported a 12 per cent increase in net profit for its third quarter to HK$5O.4 million as revenue dipped 5 per cent to HK5279.8 million.
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      • 72 9 SESDQ-LISTED Innovalues Precision's net earnings barely rose to $9.2 million last year, up from $9.1 million in 2003, even though sales jumped 13 per cent to $78 million. Sales were driven up by higher demand for printer rollers and machined parts for the automotive
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      • 78 9 SP Corporation's revenue fell 16 per cent to $184.3 million last year but operating profits soared 41 per cent to $3 million thanks to higher turnover in the marketing division and improved earnings of the engineering services division. Net profit rose from $2.5 million in
        78 words
      • 117 9 GENERATOR sets maker VibroPower Corp has reported a more than two-fold jump in net profit to $3.7 million. The group said it benefited from strong demand in emerging economies like China and India, where electricity demand outpaced supply due to long term under investments in power
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      • 100 9 NERA Telecommunications said net profit rose 9 per cent to $14.3 million for the year ended Dec 31,2004, as revenue increased 19.6 per cent to $200.4 million. It is recommending a final dividend of 0.875 cents per share and a special dividend of two
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      • 85 9 IPC Corp said it narrowed its operational loss to $4 million in the year ended Dec 31, 2004, from $5.4 million the year before as revenue rose 18.5 per cent. But it still incurred a $627,000 net loss, lower than the $537,000 net earnings from last
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    • 226 9  -  By MICHELLE QUAH MAINBOARD-LISTED frozen seafood supplier Pacific Andes Holdings recorded a 50 per cent jump in its third-quarter earnings, thanks to strong contributions from its associate companies and increased sales of frozen fish. Pacific Andes earned HK$l6.5 million ($3.5 million) for the
      226 words
  • Page 4 Advertisements
    • 42 4 I JHHH j-<Mb, vjjf )il •i J 4' mwSf' ttdJL I I iBH «p| f X I <■ i (9 a. :^gM BB bßh^^^B i L flp^tf^^^^Hjj 1 y* 4HH j* i r BOSS #03-02/04 NGEE ANN CITY, TEL: 6737 2552 HUGO BOSS
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    • 43 4 Shanghai Jiao Tong University > Nanyang Business School yWP/ Nanyang Technological University ip 40* (I art-lime Course) 7 sa«*. r > t**B7ir«A±iifK7-»«g. Nanyang Business School )SwL Nanyang Technological University S4-B3A-08 Nanyang Avenue, Singapore *****8. Tel: 6790 6162, Fax: 6397 111 l E-mail: mba-sjtuOntu.edu.sg www.nbs.ntu yJUf^H
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  • Page 6 Advertisements
    • 30 6 Recruit from a wider audience Call WOO 289 8822 or email navh@sph.com.sg for your recruitment solutions PIMCO Global Bond Fund rated 5-star by Mercer Investment Consulting Aiiianz Dresdner Asst't Management
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  • Page 7 Advertisements
    • 3329 7 itm GES International Limited BLmw Am mm& Company Registration Mo *****14Z7R < Ha/f Vear Financial Statement And Dividend Announcement for the Period Ended 31 December 2004 1(a) An income statement (for the group) together with a comparative statement for the corresponding period of the immediately 4. Whether the same accounting
      3,329 words

  • Page 8 Advertisements
    • 75 8 96.7% stopped losing hair. No drugs, no strong smelling herbs and chemicals, and no needles. ElectroTrichoGenesis (ETG) is a US$l5 million science published and discussed in leading medical journals. For the first time in this region, the treatment is made available through the establishment of EHR Centre in Camden Medical
      75 words
    • 26 8 I'-'W \*4-Fe,J>rL*dS~y .05 A'i^- *';"Ir'" lilfe^ HOTEL PHOENIX A OCSC On* 277 Orchard Road, Singapore *****8 Tel: (65) 6737 8666 Fax: (65) 6732 2024 Website: www.hotetphoenixsingapore.com
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  • Page 9 Advertisements
    • 1209 9 CEI CONTRACT MANUFACTURING LIMITED ANNOUNCEMENT RESULTS The unaudited results of the Group and of the Company for the financial year ended 31 December 2004 are as follows: GROUP 2004 2003 $'000 $'000 Revenue 62,451 40,978 52.4 Cost of sales (43,859) (25,715) 70.6 Gross Profit 18,592 15,263 21.8 Other income (including
      1,209 words

  • SINGAPORE MARKETS
    • 508 10  -  STOCKS Investors indifferent to latest US interest rate hike as trading slows ahead of Chinese New Year holidays R SIVANITHY Senior Correspondent A BROADLY weak and quiet day yesterday bore all the hallmarks of recent trading sessions strength in the Straits Times Index
      Source: Bloomberg  -  508 words
    • Article, Illustration
      914 10  -  Compiled by JOYCE KOH Sing Tel Feb 3 dose: $2.56 KIM ENG SECURITIES, Feb 3 RESULTS were in line with expectations. Net profit excluding exceptional, goodwill amortisation and share of income from Belgacom grew 10.3 per cent y-o-y to $747 million, in line with market consensus of $762
      Source: Bloomberg  -  914 words
    • Article, Illustration
      423 10 OTHER SINGAPORE INDICES Feb 3 VALUE CLOSE BT OB/OS -619.00 -163.00 BT CADI -*****.00 -58.00 BT 10-day MA -*****.00 -62.00 All-SG Equities 548.16 -0.66 SG Equities Elect 158.32 +2.35 SG Equities Fin 1623.96 +2.09 SG Equities Prop 530.07 -3.01 SIMSCI 251.66 -0.39 SiMSCI Futures 251.50 -0.40 MOST ACTIVE STOCKS VOLUME
      423 words
    • 516 10  -  CURRENCIES LARRY WEE Senior Correspondent ALTHOUGH widely expected, the US Federal Reserve Bank's 0.25 percentage point hike in short-term US interest rates overnight took its toll on selected low-yield-ers yesterday. The move, which brought the short-term US Fed funds rate up to 2.5 per cent,
      Source: Reuters  -  516 words
    • TRADES TO WATCH
      • 143 10 A PRIVATE company linked to the family of former Oversea-Chinese Banking Corp chairman Tan Chin Tuan is now deemed to be a substantial shareholder of the Straits Trading Co, while Malaysia's Sime Darby is deemed to have sold its entire 7.5 per cent stake in
        143 words
      • 172 10 FORMER Links Island Holdings chairman Winstedt Chong Thim Pheng bought 11.8 million shares of newly listed Vita Holdings yesterday and became a substantial shareholder. This is the second shipping-related company Mr Chong has invested in recently. Mr Chong, who did not have any
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      • 88 10 TEMASEK Holdings' Nexgen Capital sold its entire directly owned stake of nearly 2.1 million shares in JK Yarning International Holdings on Jan 31, leaving it with just a deemed 7.39 per cent stake. All the shares a 1.02 per cent stake
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      • 93 10  -  Compiled by KENNETH LIM ASIATRAVEL.COM chief operating officer Tan Hood Ann transferred 500,000 shares, or a 0.25 per cent stake previously held in his United Overseas Bank nominee account, to his mother-in-law at no charge on Tuesday. Mr Tan's direct and deemed stake now
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  • SINGAPORE NEWS
    • 549 11  -  Record growth last year saw industry output hit a record $12.4 billion By ALEXANDRA HO THE transport engineering industry looks set to maintain its momentum this year and beyond, even as it pulled off a remarkable turnaround last year after 2003's dismal performance. Propelled by last
      549 words
    • 277 11 IE Singapore yesterday announced the launch of a foreign partners directory and its successful lobby for the World Bank Group (WBG) to use Singapore as the Asia hub for forging links with the private sector. In line with the announcement, the WBG has
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    • 441 11  -  By NANDE KHIN FOR the investor in the Chinese market, there is no cut-and-dried formula for success, participants at yesterday's IE Forum 05 (lEFOS) were told. But being able to understand the Chinese way of thinking is especially important when doing business
      441 words
    • 329 11  -  By CHEN HUIFEN HOMEGROWN medical device specialist Biosensors International has opened a $1 million plant to produce items used in cardiology. Biosensors, which already has a plant in Kallang, said the new facility will make products such as drug-coated stents. It
      329 words
    • 462 11  -  IE FORUM '05 By CHEN HUIFEN IE Singapore yesterday announced that it has set up an India Advisory Panel to provide insights on how India and Singapore companies can deepen their economic ties. The panel consists of 10 corporate bigwigs from some of
      FILE PHOTOS, BLOOMBERG  -  462 words
    • NEWS ROUNDUP
      • 72 11 A 30-year leasehold industrial site in Jurong will be launched for tender in two weeks with a minimum bid of $4 million. JTC Corp said yesterday it has received a successful application for the two-hectare site in Penjuru Road. The site has been earmarked
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      • 138 11 ALMOST five years after a power billing fiasco affecting some tens of thousands of home users made the news, SP Services Ltd, Singapore's largest electricity supplier, and the firm behind the billing system, New Zealand's TUI Consulting Ltd and its locally registered TUI Consulting
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    • 359 11  -  Fall follows 25% jump in 2004 on economic rebound By KAREN HO AFTER posting strong premium growth last year, life insurers in Singapore expect business to contract somewhat this year. "For 2005, we will be extremely pleased and lucky if we can hit
      359 words
    • 201 11 [SINGAPORE] Demand for certificates of entitlement (COEs) fell despite an expected increase in demand for cars ahead of the Chinese New Year. Figures released yesterday by the Land Transport Authority (LTA) showed COEs from four of the five categories of vehicles, except
      201 words
  • Page 11 Advertisements
    • 70 11 Robert Fritz is the author of the international bestsellers, The Path Kb mM of Least Resistance' and 'Corporate Tides'. The Founder of the field of Structural Dynamics and Structural Consulting, he is a Consultant to many Fortune 500 companies. Robert is also a composer and film director. Organised by: Mind
      70 words

  • ECONOMY WATCH
    • 697 12  -  Monetary policy continues to be expansionary and still needs to be reined in By ANDREW MARKS in New York THE language of the US Federal Reserve's policymaking committee was uncannily the same as the last time, when it announced a hike in
      Source: Reuters  -  697 words
    • 524 12 AP, Bloomberg, Reuters [WASHINGTON] The productivity of American workers, the critical component for rising living standards, increased by 4.1 per cent in 2004, capping a remarkable three-year period in which worker efficiency climbed at the fastest pace in a half century. However, the
      AP,; Bloomberg,; Reuters  -  524 words
    • 367 12 Reuters [ROME] The Group of Seven (G-7) has discussed with China the possibility of pegging the yuan to a basket of world currencies, rather than just the US dollar, at their last four meetings, Italy's Economy Minister said on Wednesday. However,
      Reuters  -  367 words
    • 207 12 AP [BEIJING] China is unlikely to match a US interest rate hike with a similar adjustment of its own soon, the central bank said yesterday. A spokesman for the People's Bank of China said that he had not been informed of any rate
      AP  -  207 words
  • Page 12 Advertisements
    • 888 12 HWIHIM 111 advertise call toll-free 1800 289 8822 Email: notkes«»oh.coa.ac IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF STAR CRUISE SHIPPING AGENCIES (S) PTE LTD (Registration No. *****1669R) (In Member's Voluntary liquidation) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] An Extraordinary General Meeting of
      888 words
    • 767 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PCS MOBILE PRIVATE LIMITED (In Members Voluntary Liquidation) Rag. No. *****8659W NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 91 Bencoolen Street #07-03 Sunshine Plaza Singapore *****2
      767 words
    • 848 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DRESONER KLEINWORT WASSERSTEIN (SOUTH EAST ASM) LTD (In Members' Voluntary Liquidation) Rag. No. *****1187 M NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 20 Coßyer Quay #22-00,
      848 words
    • 419 12 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 DAIMLERCHRYSLER SINGAPORE PTE LTD REGISTRATION NO. *****7845E IN MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 3 Temasek Avenue, #27-01 Centennial Tower, Singapore *****0, on the Ist day of February 2005, the following resolutions
      419 words
    • 176 12 Call toll-free 1800 289 8822 THE COMPANIES ACT, CAP. 50 SOFASIA PTE LTD [Co. Reg. No. *****4964E] On Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the Final Meeting of the Members of the abovenamed Company will be held at 6001 Beach Road, #18-02, Golden Mile Singapore *****9 on 07
      176 words

  • MALAYSIA/INDONESIA
    • 374 13 [KUAI.A LUMPUR] Following are comments by analysts compiled by Reuters to the comments on the ringgit peg by Minister of International Trade Industry Rafidah Aziz. 'Rafidah is probably not part of the most inner circle of people who are going to make this decision. It is much
      374 words
    • 396 13  -  By PAULINE NG in Kuala Lumpur SPORTS sells. Malaysian Today, a new Malaysian tabloid, hopes so. The paper, to be launched next month with an "all-in-one" sports focus, is targeting a circulation of 110,000. It will be published on Tuesdays and Fridays and
      396 words
    • 230 13 Bloomberg [JAKARTA] Indonesia may increase fuel prices next month by an average of 30 per cent as it tries to cut subsidies and meet a budget deficit target this year, Planning Minister Sri Mulyani said yesterday. The government may seek parliamentary approval for the increase,
      Bloomberg  -  230 words
    • 583 13  -  He is being probed for mishandling govt funds By S JAYASANKARAN in Kuala Lumpur THE scientist at the centre of fraud allegations that's prompted a Malaysian police investigation into the management of his research and development company InventQjaya (IQJ) has shrugged off the
      583 words
    • 548 13  -  Minister says ringgit peg stays as long as export performance not affected By PAULINE NG in Kuala Lumpur MALAYSIA will not do away with the ringgit peg as it makes the country's exports more competitive so much so that last year, exports
      FILE PHOTO  -  548 words
  • Page 13 Advertisements
    • 121 13 Saturday, 19 February 2005 Esplanade Concert Halt Tickets at $38, $48, $58, $68, $78, $88 osncchaisM <*>■*) S ™CI«-»«4M 6 66 SCHEMA WWW.SIsHc.COfn.Sg Prewntodby: INItRMAIIOMAL HHHHHHHHHHHHHHHHHHHHHHHHHHI Pen Down Your Joy You've every reason t0... congratulations! Nomlkl Limited Edition AD2OOO yi Lattice Fountain Pan worth $3400 KSQC MITOII9 WW Hing Nomlkl
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  • GREATER CHINA
    • 363 14 China's largest bank, ICBC, likely to be next candidate for rehabilitation Reuters [BEIJING] China's statebacked investment company Central Huijin is likely to take up stakes in more financial institutions as the government pushes crucial reforms of fragile commercial banks, according to vice-chairman Jesse
      Reuters  -  363 words
    • 402 14 Reuters [HONG KONG] Bank of East Asia (BEA), Hong Kong's fifth-largest lender by assets, said yesterday its 2004 net profit rose by 26 per cent on lower bad debt provisions as the territory's economy continued to improve. BEA kicked off Hong Kong's bank
      Reuters; AFP  -  402 words
    • 426 14 Reuters [SHANGHAI] Shares in Huadian Power. China's thirdlargest electricity producer, more than doubled on their Shanghai debut yesterday after its US$233 million stock sale ended a fivemonth freeze on initial public offers. Analysts were caught off-guard by the stronger-than-expected rise but said the gain
      Reuters  -  426 words
    • 2138 14 *01 F5BM .0.97 -0.01 35 t 1 f—> FTEC Resources 038 -0.02 1598 FurqanBus Org. 037 -0.01 4496 AIM Realty .1.20 und, 18 Gadang 1.44 0.02 553 MrK 0 54 -0® '3' Gamuda 5.40 -0 10 1910 7 167 General Corp IIZIOOO ,09 AArra Synergy 037
      2,138 words
    • 127 14 AFP [BEUING] The world's first newspaper made of gold has been published in southern China, selling for 69.000 yuan (5513,600) a copy, state media reported yesterday. The one-off publishing event was launched by the China Economic Daily in the boom city of Shenzhen, the
      AFP  -  127 words
    • 255 14 Reuters [HONG KONG] Hong Kong banks ignored another rise in US interest rates yesterday since liquidity remains ample, but a growing interest rate differential could see more hot money flowing out of the territory, analysts said. "Funds have been leaving Hong Kong partly because
      Reuters  -  255 words
  • Page 14 Advertisements
    • 1011 14 CaD toll-free 1800 289 8822 E—11; BQtice»g»ph.com.sg IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO DAIMLERCHRYSLER TREASURY CENTER ASIA PTE LTD REGISTRATION NO. 1M*****9N IN MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 3 Temasek Avenue, #27-01 Centennial Tower, Singapore *****0, on
      1,011 words
    • 698 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AERO-NI OFFSHORE SERVICES PTE. LTD. (Company Registration No. *****5722 M) MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and deemed to be held at Kokusai Shin-Akasaka Building 1-20, Akasaka 6-chome, Minato-ku, Tokyo 107-8655, Japan on 1 February
      698 words

  • INDIA
    • 501 15 Its growing economic clout will allow it more say in global economics Reuters [NEW DELHI] An invitation to India to attend this week's meeting of the Group of Seven (G-7) rich nations underlines the growing influence of an economy that has become
      Reuters; BLOOMBERG  -  501 words
    • 306 15 Bloomberg [NEW DELHI] India's economic growth may slow to about 6.5 per cent in the year to March 31, compared with 8.5 per cent in the previous year, a panel of economists advising the prime minister said in a report. The previous year's expansion
      Bloomberg  -  306 words
    • 487 15 Bloomberg [MUMßAl] Amid rapid growth in Indian bank loans, local lenders are planning to sell bonds to increase their capital before the end of the fiscal year in March. Bank of India and Union Bank of India are among
      Bloomberg  -  487 words
    • 270 15 Reuters [NEW DELHI] India's Oil and Natural Gas Corp (ONGC) is negotiating a deal to lend US$4 billion to Russia's Rosneft and spend US$2 billion to buy a part of the oil assets of Russian firm Yukos, a top oil ministry official said.
      Reuters  -  270 words
  • Page 15 Advertisements
    • 1506 15 Company Registration No. *****0219E fl/f IDT HOLDINGS (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore with limited liability) IDT HOLDINGS (SINGAPORE) LIMITED is an investment holding company whose subsidiaries are engaged in the designing, engineering, manufacturing and marketing of consumer electronic products which principally feature LCO and microprocessor applications Sates
      1,506 words

  • ASIA-PACIFIC
    • 539 16  -  Volume up 19% in 2004, helped by strong China demand By ANGELA TAN PAN-ASIAN handphone sales volume has risen 19 per cent last year, fuelled mainly by China's robust appetite for foreign brands, and could see a 12 per cent rise this year led
      539 words
    • 326 16 Bloomberg [LOS ANGELES] The California Public Employees' Retirement System may resume investment in Thai stocks after a three-year lapse that caused the largest US pension fund to miss out on a market where the benchmark index more than doubled. Wilshire Associates Inc, the system's
      Bloomberg  -  326 words
    • 293 16 [SAN FRANCISCO] The US government has issued a strong warning about the security risks associated with internet-based telephony, one of the fastestgrowing communications technologies, the Financial Times reported yesterday. Internet-based telephony known as voice over internet protocol, or VoIP promises lower costs and
      293 words
    • 283 16 Reuters [LONDON] Royal Dutch/Shell Group unveiled another, big-ger-than-expected, cut in oil reserves yesterday but tempered the news by announcing record profits and plans for higher dividends and share buybacks. Surging oil prices and strong refining margins enabled Shell to report fourthquarter current-cost of supply
      Reuters  -  283 words
    • 513 16  -  By AL LABITA in Manila FIRST, the long-defiant 1,800-point psychological barrier was breached. Then, the more resistant 2,000 crumbled. Are Philippine stocks en route to a rare bull run? That appears to be the share market's outlook as foreign and local equity investment
      513 words
  • Page 16 Advertisements
    • 281 16 mam Hj aMM 1 JL 4, M Sdm In lit foturut IpP* Lo Hei To A Prosperous Year Of The Rooster Savour the piquant Si Chuart and Cantonese-Thai flavours at the newly opened Si Chuan Dou Hua Restaurant. Set menus for reunion dinner and festive dining start from $488 to
      281 words
    • 97 16 II .1 Si Ow iw In IctlHfwt ™j v Lunar New Year Specials At Si Chuan Dou Hua Restaurant For fine cuisine and atmosphere, the ever-popular Si Chuan Dou Hua is a perfect choice for this Lunar New Year feasting. Savour exquisite dishes and dessert from Its choice of set
      97 words

  • WORLD
    • 832 17  -  He also calls for reform of the national pension programme By LEON HADAR in Washington US President George W Bush claimed that under his leadership, the economy has strengthened to become the "fastest growing of any major industrialised nation", and to further entrench
      832 words
    • WORLD WATCH
      • 94 17 Anthony Rowley [TOKYO] Japan's former "MrYen",Eisuke Sakakibara, has joined the Japan Advisory Board of Lehman Brothers, the US investment bank announced yesterday. He joins a number of business leaders and prominent scholars, including Japan's former Minister of Economic Planning, Taichi Sakaiya, who advise Lehman Brothers on
        Anthony Rowley  -  94 words
      • 81 17 Reuters [PHILADELPHIA] Qwest Communications International Inc. offered to acquire long-distance telephone and data services company MCI Inc for more than $6 billion, sources familiar with the situation said yesterday. The two companies are in merger talks, but a deal is not certain since other potential
        Reuters  -  81 words
      • 99 17 NYT [NEW YORK] A landmark settlement struck last month that had 10 former World Com directors agreeing to pay US$lB million to investors who lost money in the company's failure was scuttled on Wednesday. It fell apart after Judge Denise Cote of US District Court
        NYT  -  99 words
      • 62 17 Reuters [FRANKFURT] Deutsche Bank pleased investors with a smaller than expected fall in fourth quarter profit yesterday thanks to fewer bad debts and said it would cut 6,400 jobs worldwide. The bank made a net profit of 269 million euros (Sss7l million) in the
        Reuters  -  62 words
    • 242 17 [LONDON] The size of Citigroup's controversial eurozone government bond trades was unintentional, the bank said on Wednesday as it apologised for the "inappropriate, unrealistic and juvenile" behaviour of some of the traders involved. The bank also said that it had launched an internal review and hired
      242 words
    • 336 17 Reuters [LOS ANGELES] Lifestyle mogul Martha Stewart will star in a prime-time spinoff of NBC's hit reality show The Apprentice some time after her release from prison next month, the network said on Wednesday. The NBC show, titled The Apprentice: Martha Stewart, will be modelled
      Reuters  -  336 words
    • 257 17 Bloomberg, Reuters [NEW YORK] The New York Stock Exchange paid chairman Richard Grasso's executive assistant U*****,000 a year and his two drivers US$l3O,OOO each. Mr Grasso himself received more than US$l9O million in pay and pension benefits over eight years. The figures, contained
      Bloomberg,; Reuters  -  257 words
    • 213 17 Reuters [BOSTON! Faced with political pressure over its business ties in Iran, General Electric Co said on Wednesday it would not accept any new business there, citing "uncertain conditions" in the country. "Senior management and the board decided in mid-December to discontinue
      Reuters  -  213 words
  • Page 17 Advertisements
    • 987 17 yo/ices IN THi MATTER OF THE COMMUNES ACT, CAP. 5« AND M THEHMCTTVR OF HOCX CHUAM ANN CONSTRUCTION PTE LTD COMPANY REGISTRATION NO. 19MM72SM NOTICE Of RESOLUTION At an Extraordinary General Meeting of the Company convened and held at 164 MM Metah Central M3-M2l Singapore *****4 on 1* December 20*4
      987 words
    • 150 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JURONG OIL MILLS PTE. LTD. COMPANY NO. *****1051R (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Chapter SO, that the Final General Meeting of the Company will be held
      150 words
    • 248 17 THE COMPANIES ACT, CAP. 5* MIDDLE ROAD ntOTERI U* PTE LID (In \bluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at its registered office at 50 Bukit Batok Street 23, #08-22, Singapore *****8 on the 3rd day of February, 2005
      248 words

  • AVIATION
    • 367 18 Patrick chief signals move away from Branson's strategy for discount airline AFP [SYDNEY] Virgin Blue suitor Chris Corrigan said yesterday he wanted an end to aggressive fare price discounting in Australia, signalling a move away from the strategy British tycoon Richard
      AFP; BLOOMBERG  -  367 words
    • 431 18  -  New destinations may include Hanoi, Ho Chi Minh City By VEN SREENIVASAN I'ays announced that it had obtained trafc rights to Hanoi and Ho Chih Minh City. The under-served Hanoi and Ho Chih linh City routes are important milestones »r both budget carriers.
      431 words
    • 309 18 Reuters [DUBAIJ High fuel prices will dent profits at Emirates for the second half of the current financial year, a spokesman for the airline said yesterday. "In the first half of the year, oil prices were significantly less high than now," the spokesman
      Reuters  -  309 words
    • 228 18 AFP [BEIJING] China's major airlines are coordinating ticket pricing on key routes to improve profits, one of the airlines said on Wednesday. "Air China, China Eastern Airlines, £hiaa Southern Airlines aa& nan Airlines are our sharing partners, but we also cooperate on pricing, especially on
      AFP  -  228 words
    • 287 18 AFP (JAKARTA] An aircraft of Indonesia's budget airline Lion Air skidded upon landing at the airport in Makassar, on Sulawesi island yesterday but there were no casualties reported, airport and airline officials said. The accident involving an MD-82 aircraft carrying 154 passengers
      AFP  -  287 words
    • 47 18 [TETERBORO. New Jersey] An aerial view of the twin-engine Challenger CL-600 corporate jet. carrying 12 passengers, that crashed into a warehouse afterfailing to take off from Teterboro Airport in Teterboro. New Jersey, on Wednesday. Two people are missing and 11 injured, police said. AP
      AP  -  47 words
    • 1699 18 cmr WW ita nun itb D*rww AF-8067 1855 Adrf-d. AF8067 1855 LH9770 2245 "33! !SM ***** £5 nsms 1420 5Q462 0220 U40 SO«8 620 2 330 gjSSa SQ141 T145 5Q142 0935 535 SQ143 1535 S0146 1640 SQ346 0100 6A840 1725 GA841 1825 A.iK*U»d tK405 0105 HC404
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  • Page 18 Advertisements

  • SHIPPING
    • 614 19 Plans to develop container terminal facilities at ports also in the works Bloomberg [NEW DELHI] India's Shipping Ministry is backing the setting up of a US$l.3 billion freight only rail line linking the interior to the major ports, as the country seeks
      Bloomberg; FILE PHOTO  -  614 words
    • 366 19  -  Contract from largest Indon oil and gas explorer By DONALD URQUHART [SINGAPORE] SembCorp Marine (SembMarine) subsidiary PPL Shipyard has won a U*****.7 million contract from Indonesia's largest oil and gas exploration company for the construction of a deep-water jack-up rig. Construction of the Baker
      366 words
    • 172 19 Bloomberg [NEW YORK! Royal Caribbean Cruises Ltd, the world's No 2 cruise operator, said its fourth-quarter loss widened to US$25.B million because of higher fuel costs and the reversal of a tax accrual. Royal Caribbean's loss widened to 13 cents a share from
      Bloomberg  -  172 words
    • 489 19 NYT Fearing are-vtMnerah to an under* US CoasJ Guard is extending its do} mestic law-enforcement mission into a new arena: the sea below. The Coast Guard's new tools include a new sonarbased device that can distinguish humans from aquatic life and new underwater weapons being
      NYT  -  489 words
    • 289 19 SGX '000 F«b3 Si W- Vol CHOffshore 0.38 unch 1102 ChuanHup .0.70 unch 1680 Cosco Corporation 1.30 0.01 2219 CWT Distribution 0.72 0.01 49 Ezra Hidgs 1.12 -0.01 689 Freight Unks 0.09 0.01 1313 Grand Banks Yacht 1.01 unch 10 Jaya Holdings 1X16 unch 2196 K1 Venture .0.26
      289 words
    • 57 19 [JACKSONVILLE. Florida] Patrons aboard the Carnival Miracle cruise ship docked in downtown Jacksonville. Florida, on Wednesday dancing aboard the floating hotel ahead of Super Bowl XXIX. Due to a shortage of hotels, cruise ships are being brought in to Jacksonville, which over 7.000 people will use as hotel
      AFP  -  57 words
    • 910 19  -  ADMIRALTY CASEBOOK By SELVA KUMAR A US appeals court decision last month is a reminder to vessel owners to carefully preserve their rights under charterparty provisions or general maritime law, or risk losing their maritime lien over third-party cargo. The vessel involved in
      910 words

  • EDITORIAL & OPINION
    • 491 20 EDITORIAL IT WOULD be a pity if homegrown Singapore companies give up the battle against unscrupulous copycats because they believe little can be done to protect their interests, especially in emerging markets. Sure, the task is arduous, and yes, as reported in this paper last
      491 words
    • 724 20  -  THE BOTTOM LINE CHET CURRIER Bloomberg MARKET volatility gets a bad rap. Sure, up-and-down price swings in stocks, bonds or any other investment can be vicious. The more extreme the fluctuations, the worse the pain. Behind those obvious drawbacks, though, lie real
      Bloomberg  -  724 words
    • 939 20  -  Europe needs to focus more intensely on restoring economic growth and creating jobs By MARK LANDLER NYT AS the European Union kicked off its latest campaign to rejuvenate the continent's creaking economy, Germany supplied fresh evidence of how deep-seated the problems are. The number of unemployed
      NYT; AFP; REUTERS  -  939 words
    • 1208 21  -  Different lifestyles, needs and currencies complicate the search for common standards by which we can measure the progress of nations By ALAN KRUEGER NYT ONE of the United Nations' top goals for 2015 is to halve the proportion of people living in extreme poverty,
      NYT; AFP; AP  -  1,208 words
    • 922 21  -  By MATTHEW LYNN Bloomberg OIL, metals and even aircraft may one day be priced in euros, not dollars. Dream on? As the dollar stays weak on foreign-exchange markets, with little sign of a sustained recovery, there is speculation that at some
      Bloomberg; REUTERS  -  922 words

  • Page 21 Advertisements
    • 346 21 To advertise call toll-free 1800 289 8822 Email: notices<B>sph.com.sg IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF THE MALACHI HOLDINGS PTE LTD (In Members' Voluntary liquidation) Company Registration No. *****0447G At an Extraordinary General Meeting of the Company duly convened ond held at 55
      346 words
    • 298 21 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF VICORP ASIA-PACIFIC SERVICES PTE LTD Co. Registration no. *****5489N (PROVISIONAL LIQUIDATORS' APPOINTED) NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN (hot pursuant to Section 296 of the Componies Act, Chapter SO o meeting of the
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    • 327 21 GROUP LIMITED AIROCEAN GROUP LIMITED (Incorporated In Singapore) (Company Registration No. *****0382N) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders of Alrocean Group Limited (the "Company*) will be held at Grand Hyatt Singapore, Sir Stamford 1. Mezzanine Level. 10 Scotts Road,
      327 words

  • 9208 22 STRAITS TIMES INDEX STOCKS Stocfc Mm Wt Ow On Stodc mm wt Pom Chang* Allgreen S0< 0 29 1080 *0.030 NOl 2 40 3.500 +0.100 BIL Intl US20c 0.51 1.130 OCBC 9.81 13.700 +0 100 Capita Land 1.45 2 250 -0.020 Parkway H 25c 0.72 1.600 -0.060 Chart
    9,208 words

  • 5852 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local cwr In Si KUSi dy yr dy yr X *yr F«to2 lnd«K Chm9« Chang* Ch*nq« Oinngn Chnngt World Inde* Preliminary 851 4 0 3 -0.1 0.1 -IJ M -15 EAFE Preliminary 785.6 03 1.7 0.2 -Qg 05 -11 Europe Preliminary *****
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  • Page 24 Advertisements
    • 1493 24 I TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I Ivgsa VDY PKG JeTA SIN ItONG REACH I DAUAS HOUSTON I RBEMPHS IORCAGO IWW TOW I TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) OOQNINGBO 07E05 01/52 03/02 I 11/02 24/02 25/02 23/02 23/02 24/02 vfsss VOY Iru I M r —nt
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    • 81 24 UK CONTINENT SERVICE Loading tor LOK PRATAP RTM/ATW/BMN/UK/NAN SPYROS B RTM/ATW/BMNAJK/NAN Loads Singapore, E7W. Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for PAN BRIGHT DBI/ABU/DOH/BRN/DMM/KWT LOK P RATI MA DBI/ABU/KWT/BDK BEAUTY K ADN/HDD/JDH/AQA SEA UNITY DBI/ABU/DOH/BRN/DMM/KWT "Loads Singapore, EVW. Mateyata, Indonaaia USA SERVICE Loading tor HANJIN TAMPA VCW/VCB/LAX/MZL MARY H CAM/NFK/SAV/NOL 'Loads
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    • 876 24 [iwkasia »oto uaona vßsa/vor iammt) Sjjgg p«c km 10 I sw I jkt I STRAITS VENTURE 03/05 1$ 3.2 03/02 05/02 10/02 1 3/02 1 5/02 ST*ATTS VENTURE 04/05 15 3.2 17/02 I*/02 24/02 27/02 01/03 STIAfTS VEMTUKE 05/05 15 3.2 W/03 12/03 [WIST ASU/HNOAL KOtO SYI VKSa/VOT Bggj HOGWT(W)
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  • Page 25 Advertisements
    • 852 25 MOl Combines C a range of shipping modes to ensure timely, ratable services wwwinu major ports in ;> Norm America, Europe, Japan, Asia, Africo 4 Oceonicu Abe KUft hrtnhAjk Gvjms Ik BUSAN KWANGYANG SHANGHAI YAMIM XIAMEN QMGMO B&AMAN JAKAMA SUKABAYA KAOHSwNG BANGKOK lAH> CHABANG wXHUHNH PASW 6UPANG HWANG Miff KBANG
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    • 1341 25 rasa VOY SIK JKT HKG KHH IMC KYH flfS VESSa VOY SIN JUT SUI HKG USN PUS HYVLADIVOSTOK IS4S 10/7 12/? 17/2 19/2 21/2 23/2 23/2 KMTC SHANGHAI 502S t/7 f/2 10/? IS/? 19/7 20/2 KY PKO6KESS MIS 17/7 19/? 24/? H/7 H/7 2/3 Z/3 KMK rOKT KIIANG SOTS 13/2
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    • 821 25 W rs& WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICO POINTS vtssa voy sm ulawc couxmo usheva coloowo IQttftlWMA YFWOS7 31 iAW IBFB QSFB MFH II FB iitpmuhohi mm 07fb mfei i7fe> ism hfei MLs6B6ti! OOWi MM UFB ma afa 25F8 IAYIHOtt 006 W 21 FEt
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  • Page 26 Advertisements
    • 668 26 IA&AI wallenius wilhelmsen website: http://www.2wfllobfll.com VESSEL VOY RAMP MIGHT ISW IK MAO HOW MM SAY BAL ORF NYC WW MOB TEXAS AFSO3 4201 ms 6.4 M I 08/02 OMITS 10/03 17/03 18/03 22/03 20/03 24/03 14/03 TAMERLANE AFSO4 320T00s 6.4 M I 16/02 10/03 20/03 27/03 28/03 02/04 31/03 04/04
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    • 44 26 5 WINSTAR SHIPPING PTE LTD C*. Hp lb. imMJITN WINSTAR fOGISTIC PTE LTD I 1******18 SlIM BATAM lATAM LINES 6 Sdfagi Weekly (Moe Sot) ledh| m Jerew Pert, J2 Peer le Peer 90/10/ CuviiHud Crnrn TUO A BARGI CHARTIRINO, PROJECT CAROO FCI/LCL Transhipment/Crocstrad* Cargo
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  • Page 27 Advertisements
    • 996 27 /I f\ Spare IAIU) Amky (S) ltd (CR NO: 165M*****0Z) JLines uun-msn fa'u&^rfw!^i«!TJ«.tai^t>i a iiM>.(M SUPER EXPRESS SERVICE TO HOWO KOWQ A JAPAN VPSa VOT OSK 100 SBZ TTO S6f [vBM. |VOT |m |w WANHAI3O7 5020 31/01 31/01 01/02 02/02 03/02 07/02 11/02 13/02 ACXMUIGOU) 073 M 01/02 It/02 17/02
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    • 908 27 /7~| I IMCC MAM: TEL 4221-1333 FAX: 6771-5272 /W 11/ L LI 111 CO OBWMSBWttIH: 4221-SSHttX: 4227-0100 /LJ4LX SINGAPORE: TONG tOO SMPfMG TO UD OH& 137*MtOMO( hwt ■—«0 WMtc wmifUMUw IJlvbsb Wra smkm m Ivcsa wT tali uw I vissa I vot I rasa aw Iwa W" "aai Wjani Blsaumpmuwg
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  • THE BUSINESS TIMES SHIPPING TIMES
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  • Page 28 Advertisements
    • 92 28 One-Stop Shipping Services Ship Registrations Ship Classifications Radio Accounting Tuvalu, Mongolia, Panama, Quality, Safety, Security SSIVICSS Belize and many other flags Surveys and Consultants Accounting Authority RSO6 f Most competitive fees low taxes t 24-hour efficient service, 365 days a year Worldwide network of surveyors No restriction on nationality of
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  • ARTS/CINEMA
    • 701 29  -  By PARVATHI NAYAR VETERAN Malaysian director Krishen Jit is known for infusing theatre with his particular brand of energy and physicality and the current double bill Roman Tam The 3 Bears presented by Action Theatre bears all his trademarks. For one, he uses taiji as
      701 words
    • 769 29  -  PARVATHI NAYAR sits in at a round-table discussion on the art of Indonesian maestro Srihadi Soedarsono PARVATHI NAYAR /M TYLE. Colour. Jf Taste. 'Good' art. Horizon lines. Spirituality'" These are M some of the concepts bandied about with enthusiastic agreement and lively disagreement at an impromptu round-table with
      769 words
    • 422 29  -  By PEPPER LEE PABLO Picasso once remarked: "Had I been born Chinese, I would have been a calligrapher, not a painter." He may not have realised it, but this famous comment may well have laid the foundation for calligraphy as a tool to bridge
      422 words
    • Article, Illustration
      521 29  -  By GEOFFREY EU FLIGHT of the Phoenix is a ponderous and predictable by-the-numbers genre flick that is way too inconsequential to waste any energy getting worked up over. As a result, this shallow survivors-in-the-sand story generates just enough cinematic life to make it watchable, but only if
      521 words
  • Page 29 Advertisements
    • 47 29 THE TAITTINGER MOMENT AT GRAND HYATT. luxury winemaking. vK Discover the distinctive taste of Champagne TAITTINGER at mezzad Sunday Brunch, For please call 6416 7189. Distributor 10 Scotts Road Singapore *****1 TELEPHONE 6738 1234 FACSIMILE 6732 1696 OiO^Otcf singapore.grand.hyatt.com O 2005 Hyatt Corp rtf?p?Aßi Reg No 1906-*****-E
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  • ARTS
    • 696 30  -  CHEAH UI-HOON finds out how some Chinese artistes are livening up the scene CHEAH UI-HOON THINK of old Shanghai in its heyday, and vintage poster girls come to mind ladies in figure-hugging cheongsams with short crimped hair in an art deco setting. You get a more complete
      696 words
    • 481 30  -  By CHEAH UI-HOON THE first may not always be the best, but in classical guitarist Yang Xuefei's case, her pioneering efforts in playing the western six-string instrument has also gained her worthy international acclaim. Her string of firsts includes: being the first guitarist in
      481 words
    • 195 30 Feb 4 (Fri) Esplanade Presents Mosaic k.d. lang in Concert (Canada) Esplanade Theatre, Bpm (70 mins with no intermission) Tickets: $60 to 120 Feb 5 (Sat) Symphonic Treats: Beethoven's Pastoral Symphony by Singapore Symphonic Orchestra Esplanade Concert Hall, 7.30pm (95 mins with intermission) Tickets: 12 to $62
      195 words
  • Page 30 Advertisements
    • 212 30 Expect at great HK U(* Ted Lo, Reggie Perm, Christy Smith arid Jimmy Lee aocompany one of Hong Kong's premier jazz singers. C9omint with no intermission} ...»»Mi.WU*. If j^l Concession prices for students, 77m» South China Morning Post I NSF men end senior citizens at $18. Cxplevetfone: In Coiwersefllon with
      212 words

  • COVER STORY
    • 990 31 EVEN as some can't wait for the Year of the Monkey to swing out, geomancers have cautioned that the Year of the Rooster isn't a time to get cocky about economic growth. And then there's the tao hua romance effect to smooth relationships along the way. It's
      990 words
    • 784 31 The luck and wealth horoscope for the 12 zodiac animals, based on Tan Khoon Yong's predictions. RAT (1936,1948, 1960, 1972.1984) Consecutive years of good fortune have made you complacent, your confidence further boosted by last year's profits. This is a good year for sound financial
      784 words
  • Page 31 Advertisements
    • 129 31 Call 1000 209 0022 or email nav/t@sph.comsg for your recruitment solutions sMSESiSsZ I BOSE LIFESTYLE* HOME ENTERTAINMENT SYSTEMS I It listens. It learns. It adapts, j 0086 Lifestyle* 48 cubes DVD Home Entertainment System Retail Price $7,399 j| 04Y Special j| Bose Lifestyle* 38 DVD Home Entertainment System QW Special
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  • Page 31 Miscellaneous
    • 272 31 CRYPTIC CROSSWORD f Anocc 3 Champion desert scenery (8) 4 A friendly drink? (7) 7 A dog trial produces a cham- 5 Fish stall disturbance (3,5) pion (9) g j o j n t study produces scope 8 Strange evils and disguises for expansion (5,4) 9 Sphere of the dance?
      272 words

  • executive lifestyle
    • 643 32  -  off the cuff jaime ee SO what will the Year of the Rooster bring, really? If I were a geomancer, I would be swinging my compass, walking East for 288 steps, spouting theories from Wu Chang Sect Feng Shui, Four Pillars Flying Star and Feng
      643 words
  • Page 32 Advertisements
    • 180 32 CHEAH Ul the Rolex Awards Anita StudarEnterprise have helped scores of men and women v Planted make a better you trees the WW! iv N rtheast you have a successful your Chance to for a Rolex HHH| Dave Irvine-Halliday An international panel of distinguished specialists i^H^H Developed.inexpensive on developing 0
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    • 8 32 J ARTS Soedarsono: Enduring ■MM impressions. PG 29
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