The Business Times, 5 February 2005
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2005-02-05
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The Business Times
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Title Section19 2005-02-05 1 THE BUSINESS TIMES SINGAPORE 85 cents MCA ft 023X***** February 5-6, 2005 onlme at http business-times -wat com sg19 words
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772 2005-02-05 1 MICHELLE QUAH - Changes, due in 2007, will govern way listed companies value their investment property By MICHELLE QUAH [SINGAPORE] Companies here will have to adopt a new method of valuing their investment property from 2007. Instead of accounting for it according to fair value,772 words
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Article, Illustration584 2005-02-05 1 LIZA LIN, JOSEPHINE TAY - By LIZA LIN, JOSEPHINE TAY [SINGAPORE] It looks like a happy Chinese New Year indeed for retailers of festive goodies, with many reporting double-digit sales growth over last year. However, as pineapple tarts, egg rolls and bah kwa are flying off the shelves,ARTHUR LEE - 584 words
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589 2005-02-05 1 R SIVANITHY - By R SIVANITHY [SINGAPORE] The controversial plan by Asia Pacific Breweries (APB) to introduce a phantom share option plan (PSOP) for staff took another turn yesterday when the Securities Investors Association of Singapore (Sias) condemned the idea* In a strongly-worded statement, Sias said589 words
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Article130 2005-02-05 1 sn 2.***** (+5.42) ST INDEX FUTURES 2,106.00 (+1.00) siMsa 251.87 (+021) SIMSa FUTURES 252.10 (+0.60) MARKETS Friday Change KISECOMP 907.52 -1033 NIKKEI 225 *****.40 -28.95 HANG SENG 13.585.17 +«J4 SETINDEX 711.10 42.18 JAKARTA COMP 1.***** -0.94 MANKACOMP 1.***** -4M SEOUL COMP ***** 44.76 SHENZHEN 8 247.29 44j66 BOMBAY130 words
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Page 1 Advertisements
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Advertisement97 2005-02-05 1 2005 p4l LJ L 3CW» UH SINGAPORE 85 cents 1 1 (rf Fujitsu Asift pg 3 W 4H IBIHHHHHHHHHHHHmHB mmmGouF He joy of teeing I off in a faraway green PGI6 RT Online on to BT Online after 1130pm on a trading day and get the dosing prices of all97 words
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Advertisement60 2005-02-05 1 CORPORATE ANALYSIS ST Engineering to nieq£ with SIA Engineering? pgs What the rooster says Will there be a rally on the Singapore stock market to greet the Year of the Rooster? We ask stockbrokers for their views. PGB Show me the money Owice of lease influences financials PG7 Trouble at60 words
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Advertisement10 2005-02-05 1 mV V w/ .m A jrs. mW^SM mi 8 "*****1******410 words
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TOP STORIES
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669 2005-02-05 2 But publicly, Chinese officials maintain that no action is imminent Reuters Bloomberg [BEIJING] While a complete float of the yuan is unlikely in the near term, a gradual widening of its floating band may happen any time, a state newspaper saidReuters; Bloomberg - 669 words
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Article, Illustration565 2005-02-05 2 KALPANA RASHIWALA - By KALPANA RASHIWALA [SINGAPORE] Two bondholders of Bintan Lagoon Resort Ltd have filed a petition in the High Court seeking to wind up the Singa-pore-based owner of the namesake resort on Indonesia's Bintan island. Manulife Singapore and its wholly-owned subsidiary John HancockFILE PHOTO - 565 words
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Article66 2005-02-05 2 In the report "MediShield revamp offers more choice" (BT, Feb 4), we said the minimum deductible levels will be between $2,500 and $3,000 for Class A and private wards, and between $1,500 and $2,000 for Class B1 wards. This is incorrect. The minimum deductible for Class A and private66 words
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464 2005-02-05 2 MICHELLE QUAH - By MICHELLE QUAH [SlNGAPOßE] A new way of accounting for investment property will take effect from 2007, and because of the complexities involved, companies here want more public education before the changes take effect. The new accounting standard, FRS 40, will allow for464 words
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Article, Illustration464 2005-02-05 2 AP Reuters Bloomberg [LONDON] US Federal Reserve chairman Alan Greenspan said yesterday that a variety of factors from a weaker US dollar to tougher budget discipline in Congress may finally start to restrain the explosive growth in the nation's trade deficit. "Besides marketAP; Reuters; Bloomberg - 464 words
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Article731 2005-02-05 2 Citiraya CEO asked to go on unrecorded leave THE problems at Citiraya has grown murkier as the company said that both its CEO and CFO were asked to go on unrecorded leave to provide fullest assisreview of its security policies. fc COMPANY NIWS, PQ 4 SGX may launch731 words
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RAFFLES CONVERSATION
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Article, Illustration1266 2005-02-05 3 RAJU CHELLAM - Korean Kyung-Soo Ahn is at ease with Japanese and English, runs Fujitsu Asia in Japan as if it were an American company, and spends 100 days a year travelling around the world. RAJU CHELLAM meets the expatriate executive who is, more often than not, home alone RAJUPHOTO BY CHRIS LOH - 1,266 words
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334 2005-02-05 3 IN August last year, Japanese giant Fujitsu marked its 30th year of operations in Singapore and said it would invest $47 million over the next three years here in a bid to double its revenues across the region from $680 million to $1.2 billion by334 words
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Page 3 Advertisements
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Advertisement66 2005-02-05 3 Raffle? INTERNATIONAL Hocels Resorts A Member of Capita Land The Raffles Conversation is brought to you through a special arrangement with Raffles International Hotels and Resorts. The Traveller's Palm in the Raffles International logo is an apt symbol. Not only has water stored at the base of this palm provided66 words
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COMPANY NEWS
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Article, Illustration443 2005-02-05 4 JOYCE KOH - Board tells trio to provide assistance to authorities in investigations By JOYCE KOH MATTERS at Citiraya Industries grew murkier yesterday as it board of directors asked its chief executive officer, chief financial officer and an assistant general manager toFILE PHOTO - 443 words
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416 2005-02-05 4 SIOW LI SEN - By SIOW LI SEN OPTIONS trading, arguably the missing link in Singapore's capital markets, could be launched this year as other pieces that needed to be there first have begun falling into place. About 15 months ago, Singapore Exchange (SGX) chief executive Hsieh416 words
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Article, Illustration459 2005-02-05 4 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent IF there is a single theme for which this week will be remembered, it's probably "follow the big investors" or "follow the leader". This is a fairly common and popular theme in the local market, having benefited stocks which familiar names459 words
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Article6906 2005-02-05 4 Transaction date: Feb 4 I*" l«« Oaj LaM Quota GfMv CMv GrYW NM MCaa Wgfc U» Co4e Ciwj-y Site W- fQWI HWi U> Sdht Cw m 13 255 5 5716 1st Software 5c 6 unch 1125 6 6 5.5 6.5 243 343 15.5 3148 8TelecomUS2c 19 +0.S 10676,906 words
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Article, Illustration696 2005-02-05 5 ANGELA TAN - CORPORATE ANALYSIS With Temasek driving restructuring, it may not be too far-fetched, says ANGELA TAN ANGELA TAN WITH parent Temasek driving restructuring to maximise value of Singapore Inc. one cannot help but wonder about the feasibility of a merger between Singapore Technologies Engineering696 words
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Article4044 2005-02-05 5 Transaction Date: Feb 4 MOST ACTIVE STOCKS VOLUME GlobalVoice 5c 132.054.000 ThomsonMed 12c 40.575.000 K1 Ventures 10c 34.905.000 Vita 6c 20.652.000 CDW US2c 20.206.000 Yonqnam 1c 17.858.000 UniFiber 10c 16.870.000 SingTel 15c 16.338.000 AsiaTiqer US4c 13.620.000 Linair 5c 13.411.000 VALUE UOB 54.349.500 SingTel 15c 41.640.950 DBS Grp 25.620.960 NOL4,044 words
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Article, Illustration520 2005-02-05 6 JEAN CHUA - FINANCIAL RESULTS Full-year profit up 11% at $60m; momentum seen continuing in Q1 05 By JEAN CHUA HOTEL operator Raffles Holdings has posted a near four-fold jump in fourthquarter earnings, helped by a writeback on provisions made for settlement claims. Raffles, which runs 38ARTHUR LEE - 520 words
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284 2005-02-05 6 ANDREA TAN - By ANDREA TAN ASIAMEDIC has broken its long loss spell. The healtcare operator yesterday posted a net profit of $1.63 million for its financial year ended December, reversing a $2 million loss in the previous year. "It's going to be a growth company284 words
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317 2005-02-05 6 KAREN HO - By KAREN HO HONG KONG-BASED Giant Wireless Technology saw sterling results for its third quarter, with net profit rising 51 per cent to HK$2B.3 million as revenue doubled to almost HK$l billion. This resulted in a 49.7 rise in net profit for the nine317 words
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Article310 2005-02-05 6 JOYCE KOH - By JOYCE KOH SINGPU Chemicals ended a remarkable year of growth on a high note as it yesterday posted record revenue and earnings for FY2004, and rewarded shareholders with a one-for-four bonus issue. The company, the thirdlargest ion-'memTfrane chlor-alkali producer in China, doubled its FY2004310 words
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GRAPEVINE
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Article154 2005-02-05 6 CAPITALAND'S Chinese New Year goodie-bag of greeting cards and ang pow packets, which it distributes to contacts and the media, this year includes an intriguing item: a deck of playing cards. Seems particularly apt, given that the property giant has been buying a whole lot of154 words
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Article73 2005-02-05 6 OCBC has been sending out invitations to its Feb 14 briefing to announce its full-year results. Nothing unusual in that. Except for the timing, that is. Scheduled from 12.30pm to 2pm, the bank says it's starting the session early because Feb 14 is Valentine's Day and73 words
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216 2005-02-05 6 JOYCE KOH - By JOYCE KOH MARINE logistics company Chuan Hup Holdings yesterday posted a 12.7 per cent rise in first-half earnings to U5526.7 million due to better performance from its core marine business and improved results of its associated companies. Its first-half turnover216 words
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COMPANY BRIEFS
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Article48 2005-02-05 6 KODA Ltd's first-half turnover increased by 17.8 per cent to $33.2 million, while net profit grew by 26 per cent to $2.5 million, helped by higher and efficient capacity utilisation. Koda expects its growth momentum to remain strong and continue to trend upwards.48 words
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Article62 2005-02-05 6 TAT Seng Packaging Group's half-year turnover increased 8.6 per cent to $18.7 million, while its net profit fell 48.6 per cent to $1 million. This was mainly due to the increase in raw materials cost and operating expenses. The revenue is expected to continue62 words
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Article70 2005-02-05 6 KIAN Ann Engineering Ltd's first-half group turnover increased by 4.8 per cent to $59.4 million over the previous corresponding period. Due to depreciation decreases, net profit for the first half improved by 150.2 per cent to $2.9 million. The demand for the company's spare parts70 words
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Article71 2005-02-05 6 ELITE KSB Holdings posted a 1.5 per cent increase in HI FY2005 net profit to $663 000 on the back of a 20.5 per cent rise in revenue to $18.8 million. The increase was partially dampened by the reduced contributions from the provision of slaughtering services71 words
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Article70 2005-02-05 6 LINAIR Technologies posted a 278 per cent surge in full-year net profits from $0.60 million to $2.26 million. Revenue for the year ended Sept 30, 2004, also grew 190.7 per cent from $6.1 million in FY2003 to $17.8 million in FY2004. This was due mainly to strong70 words
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Article47 2005-02-05 6 SINGAPORE Shipping Corporation Ltd's net profit for Q3 2005 jumped 186.8 per cent from $3.2 million in Q3 2004 to $9.2 million. Revenue in the third quarter increased 15 per cent to $25.8 million from $22.5 million in the previous corresponding period.47 words
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Article64 2005-02-05 6 810-TREAT Technology posted a 23.5 per cent rise in first-half earnings to 128.8 million yuan from 104.3 million yuan previously. Its first-half turnover also rose 40.9 per cent to 483.2 million yuan. The company said it will continue to expand its business in large-scale municipal wastewater64 words
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Article41 2005-02-05 6 CH Offshore Ltd posted a 110.2 per cent hike in Q2 2004 net profit of US$3.6 million over the Q2 2003 figure of US$l.7 million. Revenue was up 7.8 per cent from US$6.5 million to US$7 million.41 words
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Article30 2005-02-05 6 PCI Ltd saw first-half earnings fall 17 per cent to US$3.9 million as turnover for the six months rose 6.3 per cent to US$BB.6 million.30 words
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Article67 2005-02-05 6 A 4 per cent rise brought MFS Technologies' Q1 FY2005 net profit to $11.7 million from $11.2 million. Meanwhile, sales fell by 2 per cent from $120,683 million to $118.234 million. This fall was primarily from the flexible printed circuit division, due mainly to67 words
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597 2005-02-05 6 AMIT ROY CHOUDHURY - Demand pick-up sends Q1 turnover past US$100m By AMIT ROY CHOUDHURY DATACRAFT Asia yesterday posted a 161 per cent jump in first-quarter net profit to US$2.6 million, and said that it was looking out to buy firms that could augment its skills sets.597 words
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Article155 2005-02-05 6 QUEK Leng Chan's GuocoLand saw its second quarter profit fall 37 per cent to $14.8 million even as quarterly turnover more than doubled to $124.2 million from $60.8 million. For the half year, the company's earnings rose 38 per cent to $41 million while turnover155 words
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PERSONAL INVESTMENT
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Article, Illustration1133 2005-02-05 7 TEH HOOI LING - SHOW ME THE MONEY TEH HOOI LING Senior Correspondent Earlier this week, offshore support services provider Ezra Holdings said it was mulling over the possibility of a sale and lease back scheme for its five vessels in order to cut its debt and raise someFILE PHOTO - 1,133 words
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Article, Illustration578 2005-02-05 7 JOYCE KOH - Compiled by JOYCE KOH 6ES International Feb 4 dose 72.5 cents DBS VtCKERS SECURITIES, Feb 4 GES' 2Q05 results exceeded our expectations. Sales growth would have been stronger at 14 per cent instead of 10 per cent if not for the US dofl# depreciation. GES registered strong salesSource: Bloomberg - 578 words
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Article858 2005-02-05 7 For week beginning Jan 31 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Subsantial luy No of Mto SHAREHOLDING Tram Shareholder Sofl Shorts Per Boforo A ft or Stock Date Dtroctor Conv '000 Stir S C000) QM) M1 1-Feb-05 Neil Montefiore OE 1000 1.2S 446 0.05 1446 0.15 Asiatravel.com 1-Feb-05 Tan858 words
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TRADES TO WATCH
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96 2005-02-05 7 SINGAPORE Petroleum Company's chief executive Koh Ban Heng yesterday exercised 100,000 share options at 87 cents each. Together with the 145,200 shares he already had, he now has 245,200 shares. After exercising his share options, he then sold 80,000 shares in the open96 words
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174 2005-02-05 7 FIRSTLINK Investment Corp yesterday said its substantial shareholder Topbound Pte Ltd has pared its stake by selling shares in the open market. With the sale, Topbound's direct stake in the company has dropped from 23.74 per cent to 16.27 per cent, or from 80.1174 words
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66 2005-02-05 7 JOYCE KOH - Compiled by JOYCE KOH MULTIVISION Intelligent Surveillance said its director Vincent Lin Ming Sheng sold off his entire 500,450 shares, representing 0.12 per cent of the company, in the open market at 20 cents each. The transaction, which took place on July 8 last66 words
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Page 7 Advertisements
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Advertisement25 2005-02-05 7 I m I I I l|| II a i I I II I I 1 m I 1 I I HL i the business times25 words
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BT INVESTMENT ROUNDTABLE
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Article, Illustration2919 2005-02-05 8 OVERVIEW "OCTOBER. This is one of the peculiarly dangerous months to invest in stocks. Other dangerous months are July, January, September, April, November, May, March, June, December, August, and February," observed Mark Twain. Well, Mr Twain was right to the extent that2,919 words
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SINGAPORE NEWS
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Article, Illustration358 2005-02-05 9 NANDE KHIN - Total sales for the first six months of 2005 are expected to reach $14.3b By NANDE KHIN RETAIL sales growth in Singapore is expected to be healthy in the first half of this year, according to MasterCard's Masterlndex of Retail reportSource: MasterCard's MasterIndex of Retal - 358 words
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NEWS ROUNDUP
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126 2005-02-05 9 THE Land Transport Authority said yesterday that it would be rebuilding the Circle Line MRT tunnels between the Millenia and Boulevard MRT stations along a new alignment, bypassing the collapsed area of the Nicoll Highway. As such, the Nicoll Highway MRT126 words
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56 2005-02-05 9 THE second Financial Adviser Representative of the Year Awards will be held on Feb 25, to honour outstanding individuals in the financial planning industry. The awards are organised by Asia Financial Planning Journal, a trade publication. A new award will be introduced this year:56 words
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326 2005-02-05 9 CHEN HUIFEN - By CHEN HUIFEN A RANDOM survey of 200 men at coffee shops around Singapore has revealed that eight out of 10 are tongue-tied when it comes to telling their doctors they suffer from erectile dysfunction (ED). The week-long survey, commissioned by Bayer Healthcare,326 words
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443 2005-02-05 9 ALEXANDRA HO - Buyers also had the first monthly instalment waived By ALEXANDRA HO SEVEN people have bought cars offered by car dealers who tied up with NTUC Income at its first vehicle collective purchase seminar in December, according to Income's head of loan department443 words
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Article215 2005-02-05 9 VISITORS to Sentosa's Musical Fountain will have to start getting used to the sight of horses trotting along the boardwalk near the attraction. Sentosa Ranch, a $500,000 investment by four passionate horse riders, which provides rides to riders of all levels and ages, was launched215 words
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Article, Illustration676 2005-02-05 9 A sporting inspirational feature brought to you by the Singapore Sports Council JUST a year ago, G Selvaraju never expected himself to finish the 10.4 km Standard Chartered quartermarathon. The maximum distance the 55-year-old IE Singapore employee would usually run was only 5 km. However, the676 words
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NETWORK SINGAPORE
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Article, Illustration1086 2005-02-05 10 TAN MIN-HAN - LETTER FROM AMERICA The spirit of philanthropy is alive and well in America, as TAN MIN-HAN finds out on his fellowship in cancer research in Grand Rapids TAN MIN-HAN WHAT happens when three of America's richest men set out to transform their wintry Midwestern hometown?1,086 words
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Article2866 2005-02-05 10 Transaction date: Feb 4 For a full listing of the closing prices, log on to BT Online at http://business-times.asial.com.sg after 11.30pm every trading day HONG KONG v* am unch 200 HKS 'MO EganaJewellere 1.52 0.01 2910 EganaGoldpteil 1.73 0.02 ***** Aeon Cud* 5.50 unch 30 Esprit Hokfcigi .46.102,866 words
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Page 10 Advertisements
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Advertisement84 2005-02-05 10 Tan Min-Han is M medical doctor who attended the National University of Singapore Singapore and the Royal College of Physicians, UK. He was a member of one of the five humanitarian relief missions to Afghanistan mounted by the Singapore International Foundation (SIF) in 2002. Information on SIF can be found84 words
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ECONOMY WATCH
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Article, Illustration495 2005-02-05 11 But US officials worry about the ballooning trade deficit with China AFP Bloomberg [WASHINGTON] The United States is importing fewer goods from other Asian countries which had shifted their production to China due to comparative advantages, a senior Commerce Department official said. Many of theAFP; Bloomberg - 495 words
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214 2005-02-05 11 Bloomberg [WASHINGTON] The International Monetary Fund (IMF) has lowered its economic growth forecast for the 12 countries sharing the euro this year on concern about oil prices, according to a Group of Seven (G-7) government official. The IMF expects the eu-ro-regionBloomberg - 214 words
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Article376 2005-02-05 11 Anaemic growth in EU preventing ECB from raising rates IHT [FRANKFURT] The European Central Bank (ECB) on Thursday hinted for the first time that it shares worries easy money sloshing through the global economy could fuel bubbles in the bond market even as itIHT - 376 words
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445 2005-02-05 11 LATEST US DATA January's sentiment reading exceeded the average of 88.1 Bloomberg [WASHINGTON] US consumer confidence fell more than expected in January as energy prices rose and stocks declined. The University of Michigan's final index of consumer sentiment dropped to 95.5 last month,Bloomberg - 445 words
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Article4216 2005-02-05 11 UNIT TRUSTS FUNDS Shenton lncome(USO) 0.92# Shenton Asia PabficI" 0387/ Shenton Gfc Opportunties/" 0 694/ n?oi Shenton Dynamic Bond/* 1.405/ 5? Shenton Greater China 1221/ Mendaki Global/" 0.72/ StarteanTiwBai 0961 SheraonGW)a Ad awa 9 2.085/ „S US Growth 1.084/ <*,1251= -«i2 £X££ ein( IS ££££22! £2- —S UBS X Enhanced4,216 words
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Page 11 Advertisements
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Advertisement11 2005-02-05 11 DIT-Europazins rated AA by Standard Poor's Aiiianz® Dresdner I Asset Management11 words
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MALAYSIA/INDONESIA
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Article, Illustration608 2005-02-05 12 His firm Etika Strategi will buy a 15.8% stake in DRB for RM559.5m Reuters Bloomberg [KUALA LUMPUR] Malaysian tycoon Syed Mokhtar Albukhary, bouncing back from recent setbacks, sealed a victory yesterday in a highly politicised bid for control of DRB-Hicom Bhd. The autoReuters; Bloomberg; FILE PHOTO - 608 words
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283 2005-02-05 12 ALEXANDRA HO - By ALEXANDRA HO JUST as it had threatened, PT Awair, Air Asia's Indonesian associate, yesterday announced its decision to drop its planned SingaporeJakarta service. "We are very disappointed and puzzled over the lack of response from the Civil Aviation Authority of Singapore (CAAS). We have no283 words
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Article2222 2005-02-05 12 vol FSBM .0.98 0.01 110 F —I *1- (<*) FTEC Resources .0.38 undi 697 FurqanBus.Org J0.It -0.01 8048 A4M Realty .131 0.01 7 Gadang 1.41 -0.03 379 Abric .0.56 0.02 23 Gamuda 5.50 0.10 3101 1.16 -0.01 95 General Corp .0.51 0.01 70 Advance Synergy .0J82,222 words
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411 2005-02-05 12 Announcement comes a day after SingTel expresses its interest Bloomberg [KUALA LUMPUR] Telekom Malaysia Bhd, South-east Asia's second-largest phone company, said it expects to submit its bid for a 26 per cent stake in Pakistan Telecommunication Co by May, part ofBloomberg - 411 words
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247 2005-02-05 12 Reuters [KUALA LUMPUR] The chairman of state-linked Malaysian car maker Proton Holdings Bhd has quit because he felt former premier Mahathir Mohamad was interfering too much in the company's affairs, the Asian Wall Street Journal said yesterday. Abu Hassan Kendut resigned afterReuters - 247 words
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NOTE BOOK
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79 2005-02-05 12 Reuters [JAKARTA] Indonesia's largest lender PT Bank Mandiri said net profit was around 4.8 trillion rupiah (*****.5 million) last year, from 4.6 trillion a year earlier, the bank's president director Edward Neloe said yesterday. He also said loans extended by the state-run bank had increasedReuters - 79 words
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59 2005-02-05 12 India's TCS to hire 8 ,000 people this year Reuters [SINGAPORE] India's largest software services provider Tata Consultancy Services will hire about 8,000 to 9,000 people in the year ending March 31,2005, its chief executive S Ramadorai said on Thursday. "This year, we will certainly hire close to about 8,000-9,000Reuters - 59 words
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67 2005-02-05 12 Reuters [KUALA LUMPUR] Malaysian mobile network operator DiGi.Com Bhd is holding talks with banks to raise up to RMI billion (Ss43o million) through bonds and a loan for capital expenditure. The Star reported yesterday. DiGi, Malaysia's smallest mobile firm, could sell up toReuters - 67 words
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81 2005-02-05 12 Bloomberg [HONGKONG] Lenovo Group, the Chinese company buying IBM Corp's personal-computer unit, reported its slowest profit growth in almost two years as prices declined. Net income rose 0.6 per cent to HK$327 million (5568.4 million), or 4.37 HK cents a share, inBloomberg - 81 words
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84 2005-02-05 12 Bloomberg [NEW DELHI] Steel Authority of India Ltd, the nation's biggest steelmaker, may acquire a stake in an Indonesian coal mine operated by BHP Billiton to ease shortage of the fiiel that forced it to cut production in April. "TheBloomberg - 84 words
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GREATER CHINA/INDIA
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400 2005-02-05 13 Private enterprises rose 26% last year from 2003 to reach 3.8 million AFP [BEIJING] The rapid growth in the private sector in officially Communist China means that one in every 400 citizens is now a capitalist boss making at least 200,000 yuanAFP - 400 words
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Article, Illustration741 2005-02-05 13 AFP [BEIJING] Chinese across the world will wave goodbye to the monkey and welcome the reign of the rooster next week as families reunite, temple fairs open and lavish ceremonies are held to herald the Chinese New Year. In China,AFP - 741 words
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399 2005-02-05 13 NYT [MOSCOW] China denied on Thursday that it had helped finance the Russian state oil company Rosneft's purchase of a Yukos oil subsidiary, while Russian officials also tried to erase any link between China and the acquisition. Analysts said onNYT - 399 words
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467 2005-02-05 13 AFP [WASHINGTON] The International Monetary Fund (IMF) warned on Thursday that India's huge fiscal deficits and public debt were impeding the country's rapid economic growth, which it forecast to be around 6.5 per cent in the year to March. The predicted growth rateAFP - 467 words
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261 2005-02-05 13 Reuters [NEW DELHI] India's communists. who shore up the ruling coalition, said on Thursday they would stage nationwide protest rallies next week to press the government to roll back an increase in the foreign investment cap in telecoms. Four left parties,Reuters - 261 words
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Page 13 Advertisements
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Advertisement22 2005-02-05 13 Lianhe Zaobao I I life insurance I I business I I ofbankssees I strong I growth I I amtta I hisfltn* I22 words
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Advertisement869 2005-02-05 13 I Not iccs ilg SP A L CONSULTANCY PTC LTD (In Members' Voluntary Liquidation) Co. Registration No. *****0057 D NOTICE OF FINAL MEETING Notic* it hereby given pursuant to Section 308 of the Companies Act Cap 50 that a Final Meeting of the Members of the Company will be held869 words
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ASIA-PACIFIC/WORLD
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Article, Illustration806 2005-02-05 14 CHRISTOPHER REED - LIGHT REED A new biography on America's most famous president argues that he was gay CHRISTOPHER REED For a modern democracy, Americans are strangely devoted to the lives of their earliest founders and their elite political figures of the 19th century. New books proliferate on806 words
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Article, Illustration475 2005-02-05 14 VEN SREENIVASAN - Move follows decision a month ago to get the B787 By VEN SREENIVASAN JAPAN Airlines has snubbed Airbus once again, announcing yesterday that it would opt for Boeing's 737 New Generation aircraft for its domestic fleet. The decision, which was perhapsAP - 475 words
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481 2005-02-05 14 Reuters [LONDON] In what analysts described as an unprecedented intervention for a regulator, Britain's financial watchdog yesterday highlighted the risks of the London Stock Exchange (LSE) being run outside the UK. That deals a blow to Deutsche Boerse in itsReuters - 481 words
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Article, Illustration440 2005-02-05 14 [BANGKOK] Thailand's Prime Minister Thaksin Shinawatra, who is widely expected to win Sunday's general election, is likely to use the mandate to push through economic reforms that failed to materialise during his first term, the Financial Times said. A Matichon newspaper poll on Thursday440 words
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162 2005-02-05 14 [FRANKFURT] Jean-Claude Trichet, president of the European Central Bank (ECB), has called for a "thorough and deep" investigation into Citigroup's controversial eurozone bond trades last August, according to the Financial Times. Mr Trichet's comments on Thursday on the case are the first by a162 words
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416 2005-02-05 14 MCI CEO hoping Verizon and Bell South will bid NYT [NEW YORK] Michael Capellas is at it again. As chief executive of Compaq, Mr Capellas successfully engineered the sale of that troubled computer maker to HewlettPackard three years ago. Now, asNYT - 416 words
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MOTORING
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Article, Illustration1024 2005-02-05 15 SAMUEL EE - SAMUEL EE checks out BMW's redesigned, realigned new 3 Series at its launch in Valencia, Spain SAMUEL EE OVER the years, it has been immensely difficult not to fawn over the 3 Series. The smallest saloon in the BMW lineup is arguably the best compact sports sedan in1,024 words
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Article, Illustration714 2005-02-05 15 GEOFFREY EU - GEOFFREY EU meets BMW boss Helmut Panke GEOFFREY EU THE launch of a keenly-awaited new model from market leader BMW virtually qualifies as a spectator sport in the car industry. Invariably, it is cause for heavy scrutiny and extensive commentary from reviewers, interested observers and car buffs alike.714 words
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Article, Illustration1144 2005-02-05 16 GEOFFREY EU - Singapore golf enthusiasts tell GEOFFREY EU why there's something so special about teeing off far away from home GEOFFREY EU IT was 1993, just after the US Open had taken place at the famed Lower Course at Baltusrol Golf Club in New York State. Businessman, golf enthusiast and single-handicapperPHOTOS: AFP - 1,144 words
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Article, Illustration104 2005-02-05 16 ORCHID COUNTRY CLUB IMAGINE a Valentine's Day dinner on the golf course! Upon your arrival, your love chariot will ferry you to your table, beautifully set out in the open golf course replete with scenic waterways, rolling greens and swaying trees underneath the breathtaking night sky. It's part104 words
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WELLNESS
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Article, Illustration1566 2005-02-05 17 JAIME EE - JAIME EE tries out spas in Bangkok and finds perfectly good massages in three places that would appeal to three different aesthetics JAIME EE WHY is it that, with the proliferation of spas in Singapore, the lure of a spa in Thailand is impossible to resist? I'll tell1,566 words
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Page 17 Miscellaneous
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Miscellaneous206 2005-02-05 17 CRYPTIC CROSSWORD 12 Like the page being seen n The taking c^ar 9® 16 Note the litter 13 ?7~^* 17 A refusal by a Frenchman (not (5-5) not Ver 3 1009 c stance ■H 9|V 18 Small creatures tuning in the 15 fifty making 21 Go on about a race206 words
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SHOPPING
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Article, Illustration497 2005-02-05 18 CORINNE KERK - It's fowl season again, and CORINNE KERK gathers some beautifully crafted birds of a feather CORINNE KERK ACCORDING to the Chinese zodiac, this is the year of the rooster. Nothing to crow about perhaps, except the sales of rooster figurines are taking off dramatically as the Chinese497 words
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Article, Illustration250 2005-02-05 18 CHEAH UI-HOON - By CHEAH UI-HOON JADE isn't the only defining characteristic of "Chinese" jewellery, as Taiwanese jeweller Clare Lin Fang Chu will tell you; Lin, who has married her two loves of history and fashion to create contemporary jewellery with an Oriental twist. In her antique shop finds250 words
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IN STORE at the malls
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Article, Illustration94 2005-02-05 18 Finally, technology has surmounted one of the most dreaded household chores: ironing. The BOSCH Shirt Master, launched at Harvey Norman (Millenia Walk) this week, takes the heat out of ironing including manoeuvering around buttons, cuffs and collars by literally doing the job for you. Instead of the conventional94 words
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Article, Illustration57 2005-02-05 18 MIKE CHUA - CompiledTby MIKE CHUA Since old is gold these days, this Kipling series will certainly get second looks. Broad temples give it a retro modern look, with a unique rendering of the Kipling logo etched on both sides. Available in oval and rectangular-shaped frames, lens colours include orange, yellow57 words
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Article, Illustration41 2005-02-05 18 If you're looking for something pretty and functional for your desk, try this: an ornate table alarm clock. Made of ivory-col-oured polystone, the cherubic figurine stands 18cm high and costs $16.90 at Astoria, including at Compass Point.41 words
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PURSUITS
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Article, Illustration1044 2005-02-05 19 GEOFFREY EU - PERSONAL SPACE In plastic surgeon Martin Huang's office, the doctor's taste for the sleek and stylish bonds neatly with a clinical designer look to create a conducive environment for his precision work. GEOFFREY EU drops in GEOFFREY EU THERE are a couple of extremely good reasons why plasticPHOTOS BY ARTHUR LEE - 1,044 words
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Page 19 Advertisements
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Advertisement429 2005-02-05 19 wine&dine withweekendßT Ah Hoi's Kitchen Traders Hotel Poolside, (above TanglinMcUl), Level 4, Traders Hotel. Tel: *****373 Ah Hoi's Kitchen features a new pictorial a la carte menu of mouth-watering dishes and a unique poolside dining J| experience. Signature dishes include chiHi crabs, champagne pork ribs and king prawns. New: Monk429 words
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Advertisement94 2005-02-05 19 Sample a wide range of delicious Asian cuisine! Meritus Mandarin 333 Orchard Road. TeL *****258 Pine Court Chinese Restaurant- Savour exquisite Chinese delicacies from Beijing Duck to noodles, Dim SmmAmon. m fnfttiii SHI 1 Oxford Motel 218 Queen Street TeL *****119 Try SkyfkjhtCafe's weekly lunch special of tenyaki chicken or94 words
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Advertisement63 2005-02-05 19 weekday set lunch menu at only $22.80. Xaza Market Cafe Siamese Fins Restaurant 45 Craig Road (Tanjong Pagar) TeL *****795. Buy-one-6et-one FREE: Braised Shark Fins with Crabmeat $26.80++, Supreme Shark Fins Rice Set $48.80++ and more. Lunch: 11,30 am to 3pm, Dinner 6pmto 10pm. Free VIP Room (mm 10 pax)63 words
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FOOD
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Article, Illustration1094 2005-02-05 20 JAIME EE - The country's top Chinese restaurant chefs share their auspicious recipes with JAIME EE JAIME EE REUNION dinners at restaurants will always be an assem-bly-line affair no matter how much you pay. Everybody eats the same thing, you pay more than you would at any other time of theCHEF CHAN PHOTO BY CHRIS LOW - 1,094 words
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Article, Illustration936 2005-02-05 20 JAIME EE - JAIME EE samples cookies and goodies to suss out which ones are worth the calories JAIME EE IF your idea of the ultimate Chinese New Year cookie is something from Bengawan Solo or your Auntie/colleague/friend/ friend-of-friend's secret network of underground festive bakers, then perhapsPHOTOS BY ARTHUR LEE - 936 words
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