The Business Times, 25 February 2005

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Total Pages: 32
1 32 The Business Times
  • 17 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://btjsiness-times.asia 1 .com.sg MICA (P) 023/03/2004 Friday; February 25,2005
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  • 874 1  -  One-off gains and lower provisions fuel gains as core business growth lags By SIOW LI SEN [SINGAPORE] With United Overseas Bank yesterday reporting a full-year 2004 net profit of $1.45 billion, the combined earnings of the three local banks rose almost 50 per cent
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  • 139 1 ST! 2.***** (+16.17) ST INDEX FUTURES 2,149.00 (+12.00) SIMSCI ***** (+1.51) SIMSa FUTURES 254.90 (+1.10) MARKETS Thursday Change KLSE COMP 903.64 +3.96 NIKKEI 225 11,531.15 +30.97 HANG SENG 14,060.91 +102.97 SET INDEX 736.89 +6.33 JAKARTA COMP 1,102.01 -0.91 MANILA COMP 2,073.19 +30.41 SEOUL COMP 987.10 +18.67 SHENZHEN B
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  • 937 1  -  Listing hopes of associate company hit a roadblock By JOYCE KOH [SINGAPORE] Mobile phone service provider Accord Customer Care Solutions (ACCS) which said on Wednesday that it had overstated its Q3 revenue last year suffered a double whammy yesterday. Its shares went into freefall
    937 words
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  • TOP STORIES
    • 491 2  -  Code-share agreement will help spread loads, cut costs, boost traffic By VEN SREENIVASAN [SINGAPORE] In a surprise move, the national carriers of Singapore and Malaysia have signed a code-share agreement that will allowthem to spread loads, cut costs and boost traffic. The agreement, which
      FILE PHOTOS  -  491 words
    • 684 2  -  By VEN SREENIVASAN [SINGAPORE] When resources outpace routes, the result is costly overcapacity. This is the reality that some of Singapore's lowcost carriers are waking up to after a year of fast-paced growth. Faced with delays in getting permission to fly to new routes, some
      684 words
    • 51 2 [RIYADH. Saudi Arabia] Senior Minister Goh Chok Tong. who is on a visit to Saudi Arabia, watching a camel race as part the Janadriyah Cultural Festival—a grand annual event showcasing Saudi culture and arts. With Mr Goh is Crown Prince Abdullah Abdul AzizAl-Saud. CHEW SENG
      CHEW SENG KIM/ST  -  51 words
    • 703 2 Bank NISP shareholders approve stake sale to OCBC INDONESIA'S llth-largest lender, PT Bank NISP, said shareholders approved the planned sale of an additional stake to Oversea-Chinese Banking Corp, giving the Singapore lender a majority holding. NISP plans to sell an additional 28.5 per cent of itself, boosting OCBC's
      703 words
    • 614 3  -  INVESTMENT FUND AWARDS Lower up-front fees will raise demand for investment products By GENEVIEVE CUA [SINGAPORE] Fund managers may have generated good returns, but they still have to work doubly hard to convince individuals to invest in unit trusts. That is because
      Source: Interment Manegment Association of Singapore  -  614 words
    • 609 3  -  By LIZA LIN [SINGAPORE] Equity investors have reason to smile this year as fund research analyst Standard Poor's (S&P) Fund Services forecasts 2005 to be a "moderately profitable" year for them. The ratings agency said it was cautiously optimistic about the outlook
      PHOTOS BY ARTHUR LEE  -  609 words
    • 491 3  -  By RONNIE LIM [SINGAPORE] The entry of Emirates National Oil Company (Enoc) which is building the US$2OO million Horizon Terminals on Jurong Island signals a new wave of Middle East oil producers keen to use Singapore to cater to booming markets like
      491 words
    • 303 3  -  By WONG WEI KONG [SINGAPORE] Phillip Capital Management has beaten more established fund houses to emerge as the best fund group for equities in The Edge-lipper Singapore Funds Awards for 2004. The best fund group for bonds was HSBC Asset Management (Singapore).
      303 words
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    • 97 2 A ADAMS Ashnorth CHAMP -S* *—I Jn w. Of Finnic 0 FOOTIOY yy aq m .^^fc^._,,,, m GOLF w J """q»h*k ygaizma 1 *<"""£& (."T-dla) t SE3ED w*arM~* 557i.,> r UXCmmi I HTM IT lini TCr golf mouse golf house golf house* golf house* golf house* aocFHQUSE* aoi»Mftii«>. nntwun.imw IjVJLI*
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  • Page 3 Advertisements
    • 160 3 Chua Chor Teck Memorial Lecture 19th Annual Lecture. "La Passion" by Mr Frederick Chavalit Tsao Chairman of IMC Pan Asia Alliance Discover how passion has fuelled the success of the multi-billion dollar maritime industry. Join Fred Tsao as he shares insights into upcoming industry trends and discusses topics ranging from
      160 words

  • COMPANY NEWS
    • 809 4  -  Wee Cho Yaw eyes overseas business, laments loss of senior executives By SIOW LI SEN UNITED Overseas Bank (UOB) may have reported full-year 2004 earnings growth of 21 per cent to $1.45 billion, but chairman Wee Cho Yaw yesterday spent little time elaborating
      ARTHUR LEE  -  809 words
    • 433 4 Extra 28.5% share gives OCBC majority stake Bloomberg PT Bank NISP, Indonesia's 11th largest lender, said shareholders yesterday approved the planned sale of an additional stake to Over-sea-Chinese Banking Corporation. giving the Singapore lender a majority holding. NISP plans to sell an
      Bloomberg  -  433 words
    • COMPANY BRIEFS
      • 47 4 NTI International has .appointed Chan Fook Kwong as the chief financial officer of the company with effect from Feb 23, 2005. Mr Chan has been the group accountant of New Technology Innovation Sdn Bhd, a wholly-owned subsidiary of NTI, since January 1999.
        47 words
      • 86 4 THE Straits Trading Company Limited said its wholly-owned subsidiary Straits Trading Amalgamated Resources Sdn Bhd (Star) has acquired another 89,500 shares in associate Malaysia Smelting Corporation (MSG) on the open market. Star and parties acting in concert now hold 36.3 million MSC shares,
        86 words
      • 44 4 ASIA Environment Holdings has appointed Koh Poh Yeok as group financial controller with effect from Feb 1. The 36-year-old CFO was previously group finance manager of Goodpack and assistant finance manager of First Capital Corporation, now known as Guocoland.
        44 words
    • 379 4  -  TRADING SUSPENSION By JOYCE KOH THE continued suspension of former stock market favourites Citiraya Industries and China Aviation Oil (CAO) now under police investigation has ruffled the feathers of some investors, who are now raiting for trading to proceed. In a letter to
      379 words
    • 699 4  -  HOCK LOCK SIEW By R SIVANITHY Consistency in application of the rules is a virtue to be admired and one that all regulators should practise. There is, after all, nothing more disconcerting than an overseeing body which appears to enforce rules differently for circumstances
      699 words
    • 706 6  -  TROUBLE AT CAO The lawsuits are seen by some as attempts to try and gain an advantage By WONG WEI KONG CHINA Aviation Oil (Singapore) has rejected claims filed against it by Sumitomo Mitsuißanking Corporation (SMBC), one of its biggest creditors. Filing its defence in
      706 words
    • 605 6  -  So says UOB Kay Hian's Lim Beng Leong, in his usual forceful way. S JAYASANKARAN reports S JAYASANKARAN LIM Beng Leong, 35, is something of an enfant terrible in Malaysia's competitive stockbroking industry. In July 2003, for example, Mr Lim's penchant for
      THE STAR  -  605 words
    • 3728 6 UNIT TRUSTS FUNDS WG>«is.<H umm UP G'teed 7.0/2 1X*****/ (MM ntmti ft—t ifcit fVM«i UP G teed Find 5.QI3 1.*****/ n«1/ l»G>«dFund7.0Q 1.0918* tetoSftSi Upswing Fund 5.0n 0.*****/ Si.fcli.2i IS Upwang Fund 7.0/1 0.*****/ nm UPSWifcFUNDiCn/90% 0J6233/ uP9w«R#e5. < io o ago Ster Asia Balanced 0J53/ SSS™™ S'SK!! S*ar Global
      3,728 words
    • 470 9  -  FINANCIAL RESULTS Company expects continued growth, aims for 40% dividend payout By ANGELA TAN PETRA Foods, a major global supplier of cocoa ingredients and branded chocolate confectionery, expects its strong growth momentum to continue and is aiming for a 40 per cent dividend payout this
      FILE PHOTO  -  470 words
    • 230 9 Del Monte's Q4 net profit down 11 Reuters DEL Monte Pacific Ltd.jthe world's largest pineapple producer, yesterday posted an 11 per cent drop in fourth quarter net profit as sales of processed products and pineapple juice fell and as taxes rose. Singapore-listed Del Monte Pacific said challenging operating conditions would
      Reuters  -  230 words
    • 731 9 Full year results 12 months ended Dec 2004 p EARNWGS(SSM) j TURNOVER (S$M) 1 BS(CENTS) COMPANY CURRENT PREVIOUS CHG CURRENT PREWWS *CHG CURRENT PREVIOUS %CMG NatSteel 122.38 80.19 52.6 2073.99 1717.74 20.7 32.76 21.47 52.6 China Sun B iochem 33.81 26.19 29.1 129.68 100.80 28.6
      731 words
    • 295 9  -  By AMIT ROY CHOUDHURY MAINBOARD-LISTED Anwell Technologies, a Hong Kong-based manufacturer of replication equipment for DVDRs and CD-Rs, yesterday reported a 30 per cent rise in net profit to HK$195 million for the financial year ended Dec 31. The improvement came as fourth-quarter earnings
      295 words
    • 431 9  -  By JEAN CHUA FOOD distributor and manufacturer QAF yesterday posted a 68 per cent fullyear fall in net profit to $10.36 million. This compares with the net profit of $32.59 million in 2003 when it reaped an exceptional gain of $36.7 million from divestments, which
      FILE PHOTO  -  431 words
  • Page 4 Advertisements
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  • Page 5 Advertisements
    • 247 5 I THE HEIGHT OF SAN FRANCISCO LIVING R F SI I) f- NCtS I St, Regis SAN I K A N C IS C O I I I! -fn I ]l-4-*"'f fc—| B isS jJ i i < f o 1 X i I I j i 1 L— <
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  • Page 6 Advertisements
    • 24 6 1.8 Acres, 160 Rooms, Bar RMtaunnl I «V9IWWI|| U3sl2JM«on 1.2 Acres, 100 Rooms, Bar, Restaurant, US$lO MMHofi ACEMTERNATIONALREALTY pit tt-u-aunt* n4«i mMm w iSHy|j{yinw.wjn
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  • Page 7 Advertisements
    • 700 7 isiness Times, Friday, February 25,2005 ADVERTISING FEATURE A garden home in the city at -/kjuj r»* V Wltl v«l eleoance that attracts the classiest of homeowners. H And with surrounding areas taking on a new lease of life Vl with several exciting developments, residents can now look Vl forward to
      700 words

  • SINGAPORE MARKETS
    • 530 8  -  STOCKS Uncertain Wall Street and high oil prices add to ACCS fallout R SIVANITHY Senior Correspondent WALL Street's recovery on We.dnesday from Tuesday's mauling helped ease some of the pressure on the local market but you could tell from the way trading went yesterday
      Source: Bloomberg  -  530 words
    • Article, Illustration
      874 8  -  Compiled by JEAN CHUA t f HAW PAR CORPORATION Feb 24 dOMK $5.05 (undl) KIM ENG SECURITIES, Feb 24 HAW Par posted a 47 per cent jump in FYO4 earnings to $73.4 million, thanks to higher dividend income and stronger leisure contributions. It received $12:3 million of net
      Source: Bloomberg  -  874 words
    • 442 8 CURRENCIES [TOKYO! The US dollar softened in Asian trade yesterday after early gains made on the view the US Federal Reserve will continue its "measured" pace of interest rate hikes despite tame consumer inflation figures, dealers said. Following higher-than-expected US producer prices last week, some
      REUTERS  -  442 words
    • TRADES TO WATCH
      • 155 8 IN a married deal involving a series of transactions, substantial shareholder Topbound Pte Ltd on Wednesday trimmed its stake in Firstlink Investment Corporation from 10.5 per cent to 6.23 per cent This correspondingly decreased Advance Readymix Sdn Bhd's deemed interest and that of Capital Account
        155 words
      • 55 8 UNITED Overseas Land yesterday paid about $104,620 in the open market for 131,000 shares of its subsidiary Hotel Plaza, increasing its stake from 76.19 per cent to 76.22 per cent. UOL's share price yesterday dipped three cents to close at $2.14. Hotel Plaza gained
        55 words
      • 106 8 FOOD manufacturer and distributor QAF Ltd has further raised its deemed stake in grocery retailer PSC Corp to 21.05 per cent, through its subsidiary Pemscorp. Last December, Pemscorp bought 44.3 million PSC Corp shares to increase its stake in PSC to 20.45 per cent.
        106 words
      • 84 8  -  Compiled by CHUANG PECK MING EXECUTIVE chairman Lee Soon Teck's deemed stake in Lee Kim Tah Holdings has been raised to 58.27 per cent and that of executive director Edwin Lee to 57.99 per cent following an open-market purchase of 72,000 shares in
        84 words
    • Article, Illustration
      420 8 OTHER SINGAPORE INDICES Feb 24 VALUE CLOSE BT OB/OS -293.00 -70.00 BTCAPI -*****.00 +23.00 BT 10-day MA -*****.00 -29.00 All-SG Equities 556.85 +2.41 SG Equities Elect 145.76 -0.45 SG Equities Fin 1625.08 +5.53 SG Equities Prop 551.37 +1.95 SIMSCI 255.34 +1.51 SiMSCI Futures 254.90 +1.10 MOST ACTIVE STOCKS VOLUME Accord
      420 words

  • Page 9 Advertisements
    • 79 9 I THE MONETARY AUTHORITY OF SINGAPORE Tenor Approximately 10 years Total Amount Allotted SGD 1,200,000,000 Amount Allotted to Non-Competitive Applications SGD 94,055,000 Of which allotted to MAS Nil Total Amount Applied SGD 2,683,972,000 Coupon Rate 3.625% p.a. Cut-off Yield Price 3.00% p.a. and on Allotment 105.645% Average Yield Price 2.97%
      79 words

  • SINGAPORE NEWS
    • 363 10  -  Rising rates a drag on borrowing costs and economy By MICHELLE QUAH INTERBANK rates in Singapore have gone up significantly this year setting off alarm bells at Standard Chartered Bank, which warns that the unabated rise could hasten the slowing of economic growth
      Source: Standard Chariered Bank  -  363 words
    • 93 10 PROPERTY tycoon Kwek Leng Beng will preview the freehold 295-unit Pare Emily this weekend at an average price of $750 per square foot. Pare Emily, at Mount Emily Park, is being developed by City Developments and TID a joint venture between Japan's
      93 words
    • 470 10  -  Survey finds only 48% of S'poreans have started to plan for their old age By NANDE KHIN SINGAPOREANS want to retire early relative to people in other countries, but they may not be adequately prepared to do so comfortably,
      470 words
    • 428 10  -  By ANDREA TAN GIC Real Estate is looking at investing in India and exploring a real estate investment trust (Reit) as an exit option for some of its investments generally, its president Seek Ngee Huat said yesterday. "We're exploring the (Indian) market and
      428 words
    • 147 10 THE Court of Appeal yesterday dismissed an attempt by Lee Tat Development to once again block residents of the Grange Heights condominiums from using a strip of land leading to Grange Road. It was a split decision, with Chief Justice Yong Pung How
      147 words
    • 486 10  -  By VINCENT WEE THE Singapore Tourism Board's campaign to take its Uniquely Singapore brand across the world on the Clipper Round the World Yacht Race got another boost yesterday when the Port of Singapore Authority signed on as a race partner. PSA's involvement
      ZAOBAO  -  486 words
    • 465 10  -  Partnership in line with move towards Islamic banking By KAREN HO THREE well-known law firms have teamed up in a strategic alliance to help blaze the trail for Islamic banking in the region. Eversheds LLP, KhattarWong, and Malaysia's Shahrizat Rashid Lee (SRL) officially launched their tripartite
      465 words
  • Page 10 Advertisements
    • 280 10 MB Nanvang Technological University The Nanyang Technological University, located in Singapore, is truly on its way to becoming a global university of excellence. Having developed from a small engineering institute into a premier university for industry and business over the past 20 years, NTU is now repositioning itself to reach
      280 words

  • ECONOMY WATCH
    • 674 11 Let M'sian currency adjust gracefully before US deficits hit home, prof says Bernama [KUALA LUMPUR] The Malaysian ringgit's de-pegging should be done much sooner to avoid a painful adjustment come 2008 when many economists expect a global economic crunch, said Malaysian
      Bernama  -  674 words
    • 475 11 Bloomberg [WASHINGTON] The US Federal Reserve's Open Market Committee (FOMC) considered interest rates too low to ensure stable prices, according to minutes of the panel's February meeting. "The real federal funds rate was generally seen as remaining below levels that might
      Bloomberg  -  475 words
    • 464 11  -  By ANTHONY ROWLEY in Tokyo MOVES are underway to establish an "Asian Bellagio Group" of public and private sector experts to help coordinate economic and monetary policies in East Asia. One of the key issues the group is expected to tackle is how
      464 words
    • 278 11 LATEST US DATA Reuters [WASHINGTON] The number of new claims for US jobless benefits climbed more than expected to 312,000 last week, government data showed yesterday, while a more reliable job market gauge fell to its lowest level in more than four years.
      Reuters  -  278 words
    • 480 11 Bloomberg [SEOUL] South Korea's won halted a six-day rally after the finance ministry yesterday said the government may increase bond sales to raise funds that can be used to stabilise the currency. Korea's currency will also trade weaker than 1,000 won
      Bloomberg  -  480 words
  • Page 11 Advertisements
    • 320 11 Hp advertit call toll-free 1800 289 8822/ fa—U; »otice»»«i>h.co«.»g In the Matter of The Companies Act, Cap. 50 And In the Matter of WP LORONG MATAN HOLDINGS PTE LTD (Co. Reg. No. *****7038W) NOTICE PURSUANT TO SECTION 291 (4) STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY
      320 words
    • 395 11 PT INTERNATIONAL NICKEL INDONESIA Tbk ANHOUNCEMENT TO ALL SHAREHOLDERS Notice is hereby given that PT INTERNATIONAL NICKEL INDONESIA Tbk (hereinafter referred to as "the Company") will convene an Annual General Meeting of Shareholders of the Company on March 30, 2005 in Jakarta, Indonesia. Pursuant to paragraph 3, article 22 of
      395 words
    • 178 11 NOTICE OF INTENDED PREFERENTIAL DIVIDEND Name of Company Lam Seng Hang Commodities Pte Ltd (In Creditors' Voluntary Liquidation) (Reg. No. *****1722K) Address of registered office :47 Hill Street #05-04 Chinese Chamber of Commerce Industry Building Singapore *****5 Last day of receiving proofs 14 March 2005 Name of liquidators Chee Yoh
      178 words
    • 499 11 THE COMPANIES ACT (CAP. 50) Company Reg No: *****3824 C ORIENTAL AGARWOOD (IMPORT EXPORT) PTE LTD (MEMBERS' VOLUNTARY WINDING UP) Al an Extraordinary General Meeting of the Members of ORIENTAL AGARWOOD (IMPORT EXPORT) PTE LTD duly convened and held at 701 Geylang Road #04-04 Singapore *****7 on Monday. 21 February
      499 words
    • 532 11 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PAC-MED S.E.ASIA PTE LTD. Co. R*9. No. *****1124Z (Incorporated in the Republic of Singapore) At on Extraordinary General Meeting of the members of the abovenamed Company duly convened and held on 15 February 2005 at Level
      532 words

  • MALAYSIA/INDONESIA
    • 467 12  -  Firm's outstanding performance fails to draw unforgiving investors By S JAYASANKARAN in Kuala Lumpur WHEN a company announces profits that are 4,540 per cent higher than its performance during the previous corresponding period, you'd hardly expect a yawn from the market. That's exactly
      Source: Bloomberg  -  467 words
    • 184 12 Bloomberg [KUALA LUMPUR] Telekom Malaysia Bhd, the country's biggest phone network operator, said fourth-quarter profit rose 65 per cent as income from mobile-phone calls rose and the company sold its stake in Telkom South Africa Ltd. Net income in the three months ended
      Bloomberg; AP  -  184 words
    • 2222 12 vol FSBM 1 JO -0.03 344 M Ml W- flWI FTEC Resources 0.38 0.02 480 FurqanBus.Org .0.36 unch 3703 A»MRe al ty .1.65 un* 0 6adang 556 ACP Industries M2 403 24 Gamuda 5a > 0-05 1085 oxn 189 s a s r Ahmad Zakifte* ,11
      2,222 words
    • 275 12 Bloomberg [KUALA LUMPUR] Maxis Communications Bhd, Malaysia's biggest cell-phone operator, said fourth-quar-ter profit dropped 65 per cent after it had a tax credit a year earlier. Discounting the gains, profit rose 30 per cent. Net income in the three months ended December fell
      Bloomberg  -  275 words
    • 465 12 Bloomberg [KUALA LUMPURI Syed Mokhtar Al-Bukhary, a Malaysian tycoon who owns the nation's fastest-grow-ing port, said he has bought 15.8 per cent of DRB-Hicom Bhd, becoming the single biggest shareholder of the automotive and construction company. Syed Mokhtar paid RMS6O million (*****.8 million), or
      Bloomberg; FILE PHOTO  -  465 words
    • 177 12 Bloomberg [JAKARTA] The Indonesian government may sell its remaining stakes in PT Bank Central Asia and oth6r lenders this year to raise funds to cover its budget deficit, said an official at an asset-sale agency. Finance Minister Jusuf Anwar will decide on the stake
      Bloomberg  -  177 words
    • NOTE BOOK
      • 79 12 [SHANGHAI] Baoshan Iron and Steel (Baosteel), China's biggest steelmaker, is to delay a planned US$3.4 billion equivalent offering of new shares until later in the year because of weak conditions in the domestic equity market, the Financial Times reported yesterday. It quoted the
        79 words
      • 80 12 Bloomberg [JAKARTA] Indonesia ruled out the sale of the government's stake in PT Bank Mandiri, the nation's largest lender, to resolve a dispute with Cemex SA, the world's third-largest cement company. Mandiri president E C W Neloe suggested Indonesia sell
        Bloomberg  -  80 words
      • 91 12 Reuters [BOMBAY! State-run Oil and Natural Gas Corp (ONGC) plans to invest 45-50 billion rupees (Ssl .7-$1.9 billion) in a gas extraction plant in Dahej in the western state of Gujarat, company sources said on Wednesday. The company, India's most valuable
        Reuters  -  91 words
      • 80 12 Reuters [SINGAPORE] China's second-largest oil and gas firm, Sinopec Corp, aims to spend US$3.6 billion to build a world-scale petrochemical complex and expand a refinery in the north by 2010, Beijing-based industry sources said yesterday. The state oil firm has submitted a plan to
        Reuters  -  80 words
      • 70 12 Reuters [BEIJING] China's bank regulator has pledged to step up supervision of the country's smaller lenders following the Bank of China scandal that sounded official alarm bells. The China Banking Regulator Commission would "strive to boost supervision of medium- and small-sized commercial
        Reuters  -  70 words

  • GREATER CHINA/INDIA
    • 539 13 Security regulators yet to decide if concessions offered go far enough Bloomberg [WASHINGTON] International Business Machines Corp offered US nationalsecurity regulators a set of concessions aimed at overcoming objections to the sale of its personal-comput-er unit to China's Lenovo Group Ltd,
      Bloomberg  -  539 words
    • 265 13 [NEW DELHI] India's Cabinet has eased curbs on foreign construction companies, allowing them full ownership of projects to build housing, townships, hotels, hospitals and schools, Bloomberg reported the government as saying in an e-mailed statement yesterday. Earlier media reports had said that Singapore
      265 words
    • 497 13 Company founders demanding higher valuations now Reuters [MUMBAI] Private equity funds in India face a formidable competitor for the attentions of companies looking for cash a red-hot stock market. Company owners who might typically have struck a private equity deal to raise
      Reuters; Source: Bloomberg  -  497 words
    • 429 13 Taipei seeks closer ties, but concerned with secession law Bloomberg Reuters [TAIPEI] Taiwan could soon let Chinese financial institutions set up representative offices on the island of 23 million people for the first time since both sides split 55 years ago. "We have
      Bloomberg; Reuters; AP  -  429 words
    • 474 13 Reuters [HONG KONG] A new fund set up to channel mostly Australian and European capital into Asian property wants to buy US$57O million worth of buildings in mainland China, Hong Kong, Korea, Thailand, Malaysia and Singapore. "We decided we couldn't kiss all
      Reuters  -  474 words
    • 280 13 Reuters Bloomberg [TAIPEI] Taiwan's Ministry of Finance said yesterday it would manage the government's portfolio of shares in privatised state firms beginning on March 1, centralising control currently spread across several ministries. It said the first stage of centralisation would apply to shares in companies in
      Reuters; Bloomberg  -  280 words
  • Page 13 Advertisements

  • ASIA-PACIFIC/WORLD
    • 758 14 REUTERS HOTELS AND CASINOS SUMMIT Harrah's CEO cites 'formidable' rivals for less than 50% chance of success Reuters Bloomberg [LOS ANGELES] Harrah's Entertainment Inc will struggle to overcome "formidable competition" in its bid to co-develop Singapore's first casino resort, the gaming industry leader's chief
      Reuters; Bloomberg; AP FILE PHOTO  -  758 words
    • 288 14 Reuters [LOS ANGELES] Few takeover targets remain following a recent US$l5 billion string of merger deals in the US gambling industry, so the sector's top executives say they're planning to boost growth by investing more overseas and making acquisitions in less traditional areas instead.
      Reuters  -  288 words
    • 422 14 Stocks have room to grow as industry recovery continues Reuters [LOS ANGELES] Hotel and gaming companies are valued at peak levels, but the stocks still have room to grow as they ride an industry recovery set to last several more
      Reuters  -  422 words
    • 196 14  -  By CHUANG PECK MING [SINGAPORE] Another Australian company. Publishing and Broadcasting (PBL), has joined the bid to build Singapore's first integrated resort, according to Channel News Asia (CNA). The casino and media company owned by Kerry Packer, Australia's richest man, said it has submitted a
      196 words
    • 89 14 Reuters [LOS ANGELES] Revenue at Las Vegas-based casino companies will grow at least 5 per cent over the next 10 years, while MGM Mirage will see revenue growth in the high single digits, the company's chief financial officer said on Wednesday. "The most impactful phase
      Reuters  -  89 words
    • WORLD WATCH
      • 104 14 Bloomberg [PERTH] Alinta, Western Australia's largest natural gas retailer, will decide by next Monday's deadline whether to bid for Singapore Power's Australian energy retailing and power generation businesses Singapore Power said on Feb 16 that it is studying offers for some Australian energy businesses purchased last
        Bloomberg  -  104 words
      • 109 14 Reuters [PHILADELPHIA] As Toys R Us Inc weighs takeover bids for its toy business, the most aggressive bidding group includes private equity firm Apollo Management and the retailer's former chief, Michael Goldstein, sources said. That group is viewed as the lead candidate in
        Reuters  -  109 words
      • 123 14 AFP [BOSTON] US scientists said they have found a key element in the workings of HIV, the virus that causes AIDS, which could lead to the creation of effective vaccines against the virus. The discovery, presented at a Boston conference and simultaneously published in
        AFP  -  123 words
      • 86 14 Bloomberg [NEW YORK] IBM and Hewlett-Packard Co were the top sellers of servers, the super-fast computers that run Web sites, in the fourth quarter, while Dell had the largest sales gain, research firm Gartner Inc said. Worldwide server sales rose 5.7 per cent
        Bloomberg  -  86 words
    • 242 14 Reuters [NEW YORK] American International Group Inc (AIG) chief executive Maurice Greenberg is being investigated by New York's attor-ney-general and the US Securities and Exchange Commission (SEC) to see if he had a role promoting income smoothing products, according to a
      Reuters  -  242 words
    • 355 14  -  Building blocks in place for an Asian free trade zone By CAROLYN QUEK [SINGAPORE] Japanese companies in Asean are more confident of competing with Chinese companies now than they were a few years ago, Japan External Trade Organisation chairman Osamu Watanabe said
      355 words

  • Page 15 Advertisements
    • 2031 15 %M#estpac Bankingjgorjjoration L„ Westpac Banking Corporation and Its controlled entities (All figures quoted In Australian dollars) I STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2004 STATEMENTS OF FINANCIAL POSITION AS AT 30 SEPTEMBER Earning per ordinary share (cents) I AUSTRALIA Westpac Banking Corporation and its controlled entities Consolidated
      2,031 words

  • AVIATION
    • 418 16 It says it had no association with man charged with trying to bribe ministry official AFP [SINGAPORE] European aerospace giant EADS has denied any link to a bribery scandal over a naval helicopter contract in Singapore and suggested the affair had been "manipulated"
      AFP  -  418 words
    • 385 16 AFP [WELLINGTON] Flag carrier Air New Zealand said yesterday that its first half net profit dipped 2.9 per cent to NZ$lO2 million (SSI2O million) in the face of strong competition and a weaker performance at its other non-airline operations. Despite the outcome, it said
      AFP; AP  -  385 words
    • 205 16 Bloomberg [LONDON] Ryanair Holdings, Europe's biggest low-cost airline, ordered 70 Boeing Co single-aisle planes worth more than US$4 billion to double its capacity by 2012. The agreement includes options for another 70 of the 737-800 planes, Dublin-based Ryanair said in a statement
      Bloomberg  -  205 words
    • 662 16  -  By DAVID PAULY SAY "Boeing" and folks reminisce about flying in 7075, 727s and 7475. Still, Boeing Co, long the dominant manufacturer of commercial jet airplanes, may be in permanent decline. The company now trails Europe's Airbus SAS in the two-company race for big-jet
      AFP  -  662 words
    • 1720 16 CUT WW «TA BIWT UP Cap >■*■■■■ SO351 0625 SK972 2210 MlllHl AF8067 1855 IH9770 2245 S fflg 8 33; iff jftg-gg m JS!£5 om J?HI ?ft| &?n jig *355 1015 AMS1 13S5 KtC5 1535 AI480 1240 5Q406 18S5 TMoj-0105 Z D nP i i i
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  • SHIPPING
    • 517 17  -  Changes from future quakes will then be detectable: CO of UK naval survey ship By DONALD URQUHART [SINGAPORE] A systematic survey of the Malacca Straits should be conducted in the interest of safety of shipping, said jthe commanding officer of the British hydrographic survey
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    • 286 17  -  By DONALD URQUHART [SINGAPORE] Singapore-listed regional marine supply and logistics provider Sinwa Ltd reported a 17.3 per cent rise in 2004 net profit yesterday on the back of healthy ship supply business and contributions from its new offshore business. For
      286 words
    • 696 17  -  ADMIRALTY CASEBOOK By SELVA KUMAR A "war clause" in a time charter agreement has diminished a ship owner's damages claim against a charterer, even though the charterer cancelled the charter well before the start of the second Gulf war in 2003.
      696 words
    • 350 17 Bloomberg [KUALA LUMPUR] Malaysia International Shipping Corp (MISC), the world's biggest owner of liquefied natural gas tankers, said fiscal third-quarter profit rose 64 per cent to a record as demand pushed freight rates. higher and it improved efficiency. Profit in the three
      Bloomberg  -  350 words
  • Page 17 Advertisements
    • 315 17 NOTICE TO TRADE SINGAPORE/PORT KLANG TO CHENNAI AND V V CHENNAI CONTAINER TERMINAL IMMEDIATE CONGESTION SURCHARGE Arising from the recent labour problems at Chennai Container Terminal, feeder operators are experiencing delays and poor productivity at the container terminal. The following feeder operators do not have any alternative but to implement
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  • EDITORIAL & OPINION
    • 480 18 EDITORIAL THAI Prime Minister Thaksin Shinawatra continues to score firsts in the country's political history. He was already the first democratically-elected prime minister to serve out a full term. Now he has an unprecedented parliamentary majority following the elections earlier this month. The challenge for the
      480 words
    • 1298 18  -  Oil diplomacy is now part of security doctrine as energy demands keep rising YOGI AGGARWAL FACED with a widening gap between demand and domestic supply, the need to secure future oil supplies is becoming of paramount importance to the Indian government. Oil diplomacy
      BLOOMBERG  -  1,298 words
    • 756 18  -  THE BOTTOM LINE NEIL BEHRMANN London Correspondent THOSE who believe that inflation is about to take off had better examine trends in the US$3B trillion global bond market. Long-term bond prices, which are intricately linked to inflation expectations, have shrugged off pessimistic forecasts
      756 words
    • 930 19  -  War on corruption undermines democracy, helps wrong leaders get elected and distracts societies from urgent problems By MOISES NAIM LAT-WP ABOUT a decade ago, the world witnessed a corruption eruption. As democratic winds swept the world, the dirty deals of once unaccountable dictators and bureaucrats
      LAT-WP; AFP  -  930 words
    • 677 19  -  LETTERS TO THE EDITOR Tan Beng Lee Director Group CEO Great Eastern Holdings WE refer to the article entitled "The ILP mine-field" by Genevieve Cua (BT, Feb 23). She gave a comparative table showing the nonguaranteed cash values and effective rates of return of regular premium
      677 words
    • 329 19  -  Ernest Low Independent financial adviser Providend Pte Ltd I LIKED the article "The ILP mine-field" by Genevieve Cua (BT, Feb 23) and would like to share some frustrations I had with an insurer. About two years ago, I discovered from the quarterly statement
      329 words
    • 510 19  -  Foo Check Khong Singapore I READ with interest Mr Kenneth Pang Cheow Jow's letter to the editor, "OCBC scheme: inference flawed" (BT, Feb 18), as well as BT's report on Feb 15. As a shareholder of some companies, I encourage the efforts of companies like
      510 words

  • Page 19 Advertisements
    • 103 19 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
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  • 7157 20 STRAITS TIMES INDEX STOCKS Stodi nut Wl dm Q>—a» Stock nam* m Oof Chug* Allgreen 50c 0.29 1.100 ->0.020 NOC 2.43 3.620 +0.000 BIL Intl US20c 0.49 1.110 -Q.Q1Q OCBC 9.67 13.800 +0.200 Ca P ftaLand 1.55 2.460 +0.040 Parkway H 25c 0.73 1.660 +0.020 Chart SemiCond 26c
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  • 6004 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local am In SS In US$ d y_*y f *<ly *dy Syr Feb23 Index Change Change Change Change Change Change World Index Preliminary 854.5 0.0 0.2 -0.2 -1.0 -0.2 -0.8 EAFE Preliminary 7M.1 -0.7 2.5 JJ Q2 -IjO 04 EuPopePiUMMMii ***** -0u6
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  • Page 22 Advertisements
    • 1463 22 I TO USA/CANADA I EXPORT 1 I OTHER DESTINATIONS 1 vessel iuav I i i ir— —n —^MM. HOUSTON mmm QfCAGOINEW YOtK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) PJO MEDLLOYD KOBE 44E08 22/02 23/W I 11/03 17/03 IS/D 3 16/03 16/03 19/03 vtSSO VOY I 111 SIN I Hfilwi ivw LOS
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    • 76 22 UK CONTINENT SERVICE Loading for SPYROS B RTM/ATW/BMN/UK/NAN EVGENIA RTM/ATW/BMNAJK/NAN Loads Singapore, EVW. Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for SEA UNITY DBI/ABU/DOH/BRN/DMM/KWT PANORMOS PRIDE DBI/ABU/DOH/BRN/DMM/KWT PACIFIC SUN II DBI/ABU/DOH/BRN/DMM/KWT •Loads Singapore, EVW. Malaysia, Indonesia USA SERVICE Loading for HANJIN TAMPA VCW/VCB/LAX/MZL MARY H CAM/NFK/SAWNOL 'Loads E7W. Malaysia, Indonesia F.E./S.E.A. SERVICES
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    • 840 22 [IWriKAIU tOKO Mtwa vgg/vor mron hbchtwi m kh u» I aw I jkt I STSAITS VENTURE 04/DS IS li 17/02 20/02 25/02 21/02 02/03 STIAITS VEMTUK 05/05 IS 04/03 07/03 j smm vaiuK ot/os is n 12/113 15/03 IWMTAIIA/MN0Al.a0«0»V» I *PSa/VOT I «A»MT) HBCWTW) [YOU HH KHH WH SWI PUG
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  • Page 23 Advertisements
    • 915 23 njodU* to otmit* nifidbk ocrvk»s covering poct»in Nofw Anwnco, Eurty, Jopon, Atiq, Mricq 4 Ocsonig. Mb* KMft hrtrr/bia CvfMs tK WM imam*/mmm/MUM/MMH/MmD/mumM/Muvik/muim/ KAOHS^/lAltgOfc/IAEMQiXIAIIC/t^^ [j or Container Tracking, visit on our Home Page: www.molsin.com. >9 www.homburflsuj.com HI ril mucnw MWWOtt WISMNt STDWn HEUOUMi UXWOt SMWOM MBOA* STOUT MBIOUMK AOIUUPf YUN HEOS4S
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    • 1171 23 WT SIR JKT HKG KHH IWC OH WIS *K0 VOT SIN JKT SUI HK6 USM WIS HTVUDIVOSTOK 155S 3/3 S/3 10/3 12/3 14/3 14/3 14/3 KMTC SHANGHAI 503S 27/3 3/3 4/3 _V3_ 13/3 14/3 HTPRO6RESS QMS 10/3 12/3 17/3 H/3 21/3 23/3 23/3 KMTC PORT KELANG 503S 4/3 f/3 10/3
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    • 806 23 ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICQ POINTS vgsa vor sw pjoanc colomrq u. sheya cotowo XE A nfe aan nnsc aiACfiMiiaculf jMu_ _Mjm lOMAI lfSt MUOBtt THWS> 07 MAI 09 MAI 12 MAI 15 MAI lIMAI MSO MltflMb KL TO (KM* TUTKORM (VU axOWO) «IB KJWDU t GO*
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  • Page 24 Advertisements
    • 582 24 WW WALLENIUS WILHELMSEN website: http://www.2wglobol.tom VESSEL VOT RAMP HEIGHT SW IK ~l*o~ HOW IMA SAY Ml ~OrT~ HT( WW MM TAMO Af SOS 4201 m 6.4 M 02/03 26/03 05/04 11/04 13/04 17/04 IS/04 19/04 01/04 TAUSMAN AFSO6 3201 ms 6.4 M 16/03 17/04 21/04 25/04 24/04 27/04 TARONGA AFSO7
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    • 758 24 Y2I Si m Jsssa m mi *t wtxix mm nm j"")"' vm g£_ run" i4mh nm vm gig- ~iUi 2i% ~g%— PACMHPA *****1 27/02 21/02 wcmmm Mi* ii/w ti/n BANDA 1417* 02/03 03/03 hwm VDT SM DJI pacmnpa 14ion 04/03 oiTw" gwpri im urn 01/03 i««" w/w uw~ HffiSJ }fg—
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    • 629 24 I MYANMA BH FIVE STAR UNE I (Myoowor NatioMl Um) I Lobli for Y«fMi I VKSa VOY SIN PKI PEN PGU I PAGAN 341W SID I HPA-AN MOW SU I IN MAUTSIA: lOUSHAO SHIPPING AGENCIES I Kllt/PKL 03-300 SUM PEN: 04-2633*1 S I ACCEPTIiB COiVEWTIOWAL CBO NK SM MG SI
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  • Page 25 Advertisements
    • 847 25 \K\ (J i f). gSSiWiiEiwK^SSX II crnterasia JLmes uanwim .^iiramaiF If/W IJ/W 15/02 14/02 17/02 21/02 25/02 27/02 AOUUHIOUA N7N Ti/fif 20/02 01/03 02/03 X 2 M, 2 22/02 2 3^ 02 M/^ M 01/03 04/03 04/03 OCO S,S 10/02 20/02 24/02 21/02 21/02 21/02 01/03 02/03 umnKi? SS SMS
      847 words
    • 295 25 iil m i ~i vm nmm~ ZxMMOZ ZmMmZ. s»^^ mS=-s««--ag8-m WITMW nmw ftmnci WiiILT FIXED DAY SAILING SINOAPOIi VIETNAM SINGAPORE gju |3i 1 is,a|?i?|jg basacu 01m ga| it/oj 15/S ■UUJUS Mi 17/tl M/U H/M |gSt=^i=SS:^®:z±z=sS: HMMSAS 441 14/ M 21/04 »/»4 SIWOAPOMi VHIMAM) uaicotnummntin uaiamLmmm 7500* KAOI KMC, #10-311/321 THE
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    • 831 25 I DH7 I I A|CC MAIN:TIL62)I-1333 FAX:622I-5271 I iTn kllUCw OBTOMBSBVW: TIL-6221-SSHHU: *****100 I OsUsA SWCAfOtfc TOW 6 JOO SH»fW6 rn DP WMh:ww«^l MM vb» wT msM 15r~w~ WMMI3 SOW 01/03 12/03 07/03 WWII 1 SOW 101/03 Ih/mlowb 1 Mill M/«i Im/n legume s>m 12/031 00/03 II MM6A6ASO SOW 03/03
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    • 308 25 HH Unr bfokbulk wrto SJ. AWUSA vie vtm, SPCOALJSI IN HIAVYUFTS ft PROJECT CAROO MV MMISTtUI OUMB tSfZ taCTsta*, +m. Um. |K|tt/ nfft M iIWMf IMKNi ■VmUSTHMMUK 'I'l Otmn porH im USA, Mmkq, Carribman A Sevt» Amtriea on mducmim*. lINOAPORI MM «v«i« S IL. M,S T«k 21*2 Fa: 2142 4090
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    • 429 25 HHBHTIpnK^^26oS2S46/o!^3^^ BRBfl TIGER CUFF 261N 26 26/02 03-04/03 09-10/03 ■|UjMyii|fl TIGER Sa 261S 01-01/03 FOR DISCHARGING ONLY I ■llirQH TIGER WAVE 262N 03-04/03 09-11/03 17-18/03 I HMMHTIGa PEARL 263N 05-06/03 11-13/03 18-19/03 1 TIGER QJff 265N 09-10/03 15-16/03 I ■XnRMxPRESLHOTSE 617 01-02/03 10-12/03 I H&UUILH ooNG FORTUNE 036 04-05/03 12-14/03
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  • THE BUSINESS TIMES SHIPPING TIMES
    • 7722 26 This i.N basfn izr is? nSSSt 'SET sm taf. »Z SHE T 22Sr mHpMaMHHHMWMMNnm^ To ABIDJAN fABJ) 2003 Cntm rviw~i_ 17/03 30/03 °>ina ZIM JAMAICA 029W *****898 w tOw DIVOir6 I 20/03 03/04 China Shoo CSCL OINCDAD r*nww 05/03 12/04 Delmas ASIA STAR 003W
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  • executive lifestyle
    • 599 27  -  off the cuff jaime ee LAW enforcement is a thankless task. The Traffic Police know that. Imagine, they buy expensive cameras designed to catch speeding motorists and promote technology and road safety. Instead they are accused of being mean gits who derive endless joy
      599 words
    • 1501 27  -  It's time to raise a toast as the $1.83 million Singapore Season opens in London today. Parvathi Nayar looks multi-displinary arts showcase has to offer and how the event will lift Singapore's business and artistic profiles. Parvathi Nayar IN Theatre Works' 1993 production, Lady of Soul
      1,501 words
  • Page 27 Advertisements

  • COVER STORY/ARTS
    • 304 28  -  PARVATHI NAYAR checks out the SDT's London showcase PARVATHI NAYAR IT is a real feather in the Singapore Dance Theatre's (SDT) cap, to be performing in the Peacock Theatre managed by Sadler's Wells. Apart from anything else, dance events there are programmed two
      304 words
    • 298 28  -  By PEPPER LEE "WHEN you're given an opportunity like that, you don't say no," quips Leslie Tan, cellist of the T'ang Quartet, on being approached by the National Arts Council (NAC) to perform for the Singapore Season in London 2005. The group, founded in 1992,
      298 words
    • 285 28  -  By DAWN ENG SIM SINGAPORE Chinese Orchestra (SCO) is the first orchestra in the world to have a conductor who is simultaneously music director of a Western and Chinese orchestra. Since Tsung Yeh joined in 2002, he has revolutionised programming and increased the
      285 words
    • 360 28  -  By SANGEETHA MADHAVAN Doing a famous play with an even more famous and definitive film adaptation is like having a famous father. The fact that most of the audience will know the film has both pros and cons. So it was quite a full house
      360 words
  • Page 28 Advertisements
    • 1718 28 I X of ices M THE MATTER OF THE COMPANES ACT, CAP JO AND M THE MATTER Of GAINES LABORATORIES PTE LTD (IN MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Mating of the abovenamed Company duly convened and held at 47 HM Mreet •OMI, Chlneee Chamber of Commerce A
      1,718 words
    • 15 28 your car? Call our C.A.T.S. hotline ca.t.s. at 1800-289-9988. Buy It. Sell It. Find It.
      15 words
  • Page 28 Miscellaneous
    • 277 28 CRYPTIC CROSSWORD ACROSS 1 a .u monS?nse doesn't start (10) 1 Uttle bit depressed with pain- 5 d ,y den (4) Q M U nh, 6 Holtow ™««"9 North of the Border according to the 10 Power-line that could last for poet (6) ?T^ a,^l 7) 7 Run mug's leg
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  • ARTS
    • 868 29  -  The Esplanade's annual Mosaic Music Festival will debut next month. SANGEETHA MADHAVAN looks at the long road to organising such a festival SANGEETHA MADHAVAN FOR a while there, it seemed like Singapore was one of those places doomed never to have a good jazz festival.
      868 words
    • 186 29 Feb 25 (Fri) Esplanade Presents Late NiteOesplanade Ladies or Gentlemen By George Chan ft Leigh McDonald (Singapore ft UK) Recital Studio, 9.30pm (60 mins no intermission) Tickets: $25 Feb 25 (Fri) to Feb 26 (Sat) Esplanade Presents Ming Hua Yuan (Taiwan) Theatre, Bpm (150 mins with intermission)
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  • Page 29 Advertisements
    • 135 29 SINGAPORE aroundth© T S— V Featuring Unton Kwesi Johnson *jsPf^^^j^^Si^^^?Jg lw n Tiii il> v IRI UK/Jamaica 19Mar05.Sat.6pm V 7 Esplanade Theatre Studio ta -Join this revolutionary poet as he spreads his message V Of freedom reggae style. '-> r 1 1\ i! tiki JyL' fjk,l: > ■^^^^mfflai' <t Mosaic's
      135 words

  • BOOKS
    • Article, Illustration
      1353 30  -  PARVATHI NAYAR and PEPPER LEE check out the new arrivals for this month PARVATHI NAYAR and PEPPER LEE Jj Fa literary voice passed on when If Hunter S Thompson, author of gonzo I journalism and Fear and Loathing jj in Las Vegas took his own life earli-
      1,353 words
    • Article, Illustration
      640 30 The Red Notebook. ByPaulAuster PAUL Auster writes so easily, picking up one of his books seems like an act of the Pleasure Principle at work. Well, if not quite Freud's version of it, then at least a literary equivalent—ie why many of us would rather read the flow of
      640 words
  • Page 30 Advertisements
    • 77 30 Where to wine, dine and entertain... 7 wwwJhmxnnLag (UPfcSSSr Arguably the BEST 2 selection of TOP Australian wines in Singapore #02-02 Tanglin Shopping Centre Next to Orchard Parade Hotel Tel. *****213 *****699 *****170 <^e j i ■'jussaa- Grand Shanghai (Tel: 6836 6866) 1 enjoy authentic cuisine rrom the city of
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    • 27 30 V *p**» Wirn§d nmw II m 4^^ W f**t* U ToB+9* MM# Mm Pleose coll 6430 4119 to moke reiervotioos Oxford Hotel 218 Queen Street Singapore *****9
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    • 31 30 k t fl I |lig|pfe M I A romantic sunset in the background A magical nautical themed setting An extraordinary wedding Only at Raffles Marina Make it happen. Call 6869 2222/33
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    • 118 30 Cafe Plaza Singapore Heritage Street Fare Featuring Back To The 60's Hawkers' Food For Brunch High Tea Every Saturday, 11.30 am to 4pm Remember the good o)' days when Beach Road was once famous for Its delightful hawker fare? Cafe Plaza now brings back these nostalgic heritage flavours every Saturday.
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    • 160 30 C«'« T Y A 1 D Weekly Themed Dinner Buffets Monday to Thursday Adult $30 Child $18 Look forward to a different dinner buffet spread each week when you dine at St. Gregory's Brasserie. Japanese, Italian, Thai, Middle Eastern to even Cantonese cuisine... simply en)oy a different dining experience. For
      160 words

  • CINEMA
    • 807 31  -  GEOFFREY EU gives his list of supplementary winners in some categories that are less publicised GEOFFREY EU AFTER weeks of frothy, frenetic hype and more hype, Hollywood is finally ready for its close-up. The 77th Annual Academy Awards in Los Angeles this weekend marks
      807 words
    • 156 31 Parvathi Nayar picks... Best Film: Finding Neverland Best Director: Clint Eastwood (Million Dollar Baby) Best Actor Johnny Depp (Finding Neverland) Best Actress: Annette Bening (Being Julia) Best Supporting Actor. Jamie Foxx (Collateral) Best Supporting Actress: Virginia Madsen (Sideways) Best Original Screenplay: Charlie Kaufman,
      156 words
    • 473 31  -  By PARVATHI NAYAR ROAD movies have a special appeal whether it's a sign-of-the-times fable (.Badlands) or grrrlpowerbonding (Thelma and Louise). Or indeed a sunsoaked trip through California's wine country in Sideways powered by wordy vintages and bottled hopes. Directed by Alexander Payne (About Schmidt),
      473 words
    • 430 31  -  By GEOFFREY EU DO we really know the people we love? And why is love never enough between two people? These questions and more about the various issues that crop up between couples are posed in Closer, director Mike Nichols's grown-up film depicting different stages in
      430 words
    • 423 31  -  By CHEAH UI-HOON HERE'S what you won't find in the usual fairy tale a 90-year-old heroine, a vain hero who throws tantrums, a wicked witch who turns out rather benign at the end, and a motherly, supposedly-good witch who's really the evil one (or
      423 words
  • Page 31 Advertisements
    • 58 31 tf? e>is MENT AT GRAND HVATT. PP^ NINE exciting dining experiences in a single venue. ONE excellent name in luxury winemaking. rn A Discover the distinctive taste of Champagne TAITTINGER at mezza9 Sunday Brunch, Grand Hyatt Singapore. For reservations, please call 6416 7189. Scotts Road Singapore ***** *****234 FACSIMILE 6732
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