The Business Times, 5 March 2005
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2005-03-05
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The Business Times
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Title Section15 2005-03-05 1 THE BUSINESS TIMES weekend 4&faREB5 cents MICA (P) 089^03/2005 March 5-6, 2005 online at http://business-times.asial.com.sg15 words
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821 2005-03-05 1 ANGELA TAN - Resolution seeks distribution of 35m UOB shares By ANGELA TAN [SINGAPORE] In a rare move, about 100 minority shareholders of Overseas Union Enterprise (OUE) led by a remisier and a businessman are publicly asking the hotel group linked to veteran banker Wee Cho821 words
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Article139 2005-03-05 1 STI 2,154.55 (+7.02) ST INDEX FUTURES 2,156.00 (+5.00) SIMSCI 254.10 (+0.01) SIMSO FUTURES 254.70 (+0.30) MARKETS Friday Change KLSECOMP 885.33 -4.11 NIKKEI 225 11.873.05 +16.59 HANG SENG 13.730.7» -161.59 SET INDEX 728.42 +8.03 JAKARTA COMP 1.103.008 +8.412 MANILA COMP 2,124.69 +31.42 SEOUL COMP 1.012.96 +2.04 SHENZHEN B 260.05139 words
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Article475 2005-03-05 1 ANNATEO - Poll shows more upbeat outlook for manufacturing By ANNATEO [SINGAPORE] Cautious optimism sums up the 2005 outlook for the Singapore economy, which economists see growing 4.7 per cent in the first quarter. Notably, they seem to have become more upbeat about the manufacturing sector's prospects,475 words
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507 2005-03-05 1 SAMUEL EE - 420 luxury saloons for IMF,World Bank meetings to be pre-sold at discount By SAMUEL EE [SINGAPORE] When Singapore hosts the annual meetings of the International Monetary Fund and World Bank in September next year, the German luxury car-maker BMW will be507 words
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409 2005-03-05 1 CHEN HUIFEN - 2,500 positions will be reduced by attrition By CHEN HUIFEN [SINGAPORE] Californiabased Maxtor Corp is slashing its workforce in Singapore by up to 5,500, according to the company's filing with the US Securities Exchange Commission. The filing, which was posted on the company's409 words
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Page 1 Advertisements
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Advertisement66 2005-03-05 1 Hie inspiration behind the Lexns GS3OO pg is TROUBLE AT CAO Judicial management may not benefit shareholders PG4 HUBHH r"\ UK IsL a IPS kirifi L HP J^k jjj^r fc Don't like eggs? We don't quite know what you like or don't like for breakfast. But we do know some66 words
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TOP STORIES
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Article, Illustration661 2005-03-05 2 WONG WEI KONG - From food to rent, survey finds interesting shifts in global costs By WONG WEI KONG [SINGAPORE] If you love to eat and dress well, Mumbai is where you should be heading. But avoid Tokyo. Big Mac lovers have it toughSource: UBS - 661 words
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Article595 2005-03-05 2 Judicial management may not benefit CAO shareholders PUTTING China Aviation Oil under judicial management in which liquidation could be one outcome may not be in the best interests of shareholders and perhaps even creditors. Some shareholders say restructuring and re-listing will be the best outcome for shareholders. COMPANY595 words
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Article, Illustration393 2005-03-05 2 [SINGAPORE] Sentosa Cove Pte Ltd (SCPL) seems to be succeeding in its move to attract more foreigners to the upmarket waterfront housing district by selling individual bungalow plots through private treaty. Seven of the 14 bungalow sites SCPL sold yesterday were bagged by393 words
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586 2005-03-05 2 RONNIE LIM - NEWS ANALYSIS Many complex issues remain to be sorted out By RONNIE LIM [SINGAPORE] Singapore will open up its gas market this year, industry sources say but it won't be an instant free-for-all. The reason: many complex and sensitive issues need to be586 words
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Article39 2005-03-05 2 IN Thursday's report on the initial public share offering of LMA International NV, we described the company as a Dutch company. That's incorrect. LMA, incorporated in the Netherlands Antilles, operates internationally and has a regional headquarters in Singapore.39 words
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Article, Illustration790 2005-03-05 2 CHRISTOPHER REED - SATURDAY SOAPBOX CHRISTOPHER REED A FREQUENTLY heard quotation in the United States comes from novelist F Scott Fitzgerald: "There are no second acts in American lives." But it's an observation that's flat-out wrong. Second acts happen constantly in American lives. Just this week we790 words
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RAFFLES CONVERSATION
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Article, Illustration1716 2005-03-05 3 RAJU CHELLAM - From odd jobs as a young boy to helping manage the legal affairs of a US$31b giant, Motorola's Jeffery Tan has come a long way and picked up many valuable lessons. He shares some with RAJU CHELLAM RAJU CHELLAM THIS is the story of a pennilessARTHUR LEE - 1,716 words
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657 2005-03-05 3 IN 1972, the Lunar Roving Vehicle on the moon used the world's first FM radio to provide a voice link over the 386,000 km distance between the moon and earth. The radio receiver was made by Motorola Inc for the US National Aeronautics and657 words
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Page 3 Advertisements
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Advertisement66 2005-03-05 3 Raffles INTERNATIONAL Hotels Resorts A Member of Capita Land The Raffles Conversation is brought to you through a special arrangement with Raffles International Hotels and Resorts. The Traveller's Palm in the Raffles International logo is an apt symbol. Not only has water stored at the base of this palm provided66 words
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COMPANY NEWS
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462 2005-03-05 4 WONG WEI KONG - TROUBLE AT CAO Investors say SK Energy's move may jeopardise CAO's restructuring By WONG WEI KONG PUTTING China Aviation Oil (CAO) under judicial management in which liquidation could be one outcome may not be in the best interests of shareholders and perhaps even creditors.462 words
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356 2005-03-05 4 WONG WEI KONG - By WONG WEI KONG GLOBAL Active, which Osim International is acquiring, yesterday announced the acquisition of the GNC franchise business in Australia to tap the US$l billion nutrition supplements market Down Under. Global Active will pay US$l.55 million in cash to Green Valley Nutrition356 words
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Article, Illustration545 2005-03-05 4 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent TWO things differentiate this week from those that preceded it. First, the explosion of interest in covered warrants, especially those on Neptune Orient Lines, TAC and Chartered Semiconductor raises two intriguing questions: Is there a bubble forming545 words
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Article, Illustration1240 2005-03-05 4 SIOW LI SEN - CORPORATE ANALYSIS Big 3 banks need to address their strategy, or their share prices could suffer market backlash, says SIOW LI SEN SIOW LI SEN MUCH to the dismay of shareholders, the stock performance of Singapore's three local banks has been dismal since the1,240 words
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Article202 2005-03-05 4 One Quek too many? THE purported corporate move by chiefs of the separate Hong Leong groups in Singapore and Malaysia has raised eyebrows. This week, Reuters reported that Kwek Leng Beng and his cousin Quek Leng Chan of the Malaysian Hong Leong group are expected to make a joint202 words
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Article430 2005-03-05 5 R SIVANITHY - Revision, which includes weighting changes, takes effect March 18 By R SIVANITHY SINGAPORE Press Holdings (SPH) yesterday announced the latest revision to the widely-followed Straits Times Index (STI) two stocks have been dropped and seven added. This expands the number of index components from430 words
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633 2005-03-05 5 Bloomberg CHARTERED Semiconductor Manufacturing Ltd, Singapore's biggest chipmaker, cut its first-quarter sales forecast on slowing demand for devices such as mobile phones. Slowing sales of chips used in communications products and computers will push net loss in the quarter "to the higherBloomberg - 633 words
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COMPANY BRIEFS
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81 2005-03-05 5 HG Metal Manufacturing CEO Wee Piew yesterday told analysts that its turnover and net earnings for the first half of FY2005 ending March 31 "are likely to grow by at least 20 per cent". The steel stockist cited continued strong demand for steel81 words
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70 2005-03-05 5 MEIBAN Group said a small fire was detected on the third floor of its Meiban Industrial Building yesterday morning. The fire, "started by an explosion", was put out by the building's water sprinkler system. But a technician who was injured by the fire70 words
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Article48 2005-03-05 5 EASTERN Asia Technology yesterday announced that its chief financial officer Donald Chan Kwong Fuk will resign from his position with effect from Sept 1. Mr Chan will be emigrating to Australia. The company will announce his replacement no later than July 3.48 words
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93 2005-03-05 5 FRUIT and vegetable wholesaler FHTK Holdings, which earlier said it was feeling the effects of tightening credit by financial institutions in China, said yesterday it was exploring various options to raise at least $50 million. The company, together with its independent financial adviser93 words
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67 2005-03-05 5 TOTAL Automation said it has entered into an agreement with Haven Automation Holdings (S) Pte Ltd and a Mr Soon Lee Hin to acquire the entire issued share capital of Haven Hydraulic Crane Controls (S) Pte Ltd for $668,132. Total Automation and Mr Soon own67 words
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Page 5 Advertisements
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Advertisement2963 2005-03-05 5 05i m) MANDATORY CONDITIONAL CASH OFFER r by OSIM INTERNATIONAL LTD (Incorporated in Singapore Co. Rag. No. *****4191N) to acquire ail the Issued ordinary shares of 550.05 each in the capital of GLOBAL ACTIVE LIMITED (Incorporated in Singapore Co. Reg. No. *****6977R) other than those already owned, controlled or agreed2,963 words
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PERSONAL INVESTMENT
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Article, Illustration578 2005-03-05 6 JEAN CHUA - Compiled by JEAN CHUA HOTEL ROYAL March 4 dosing: $1.95 KIM ENG SECURITIES (March 4) NET profit fell 53.5 per cent to $2.4 million despite a 14.2 per cent increase in revenue to $16.6 million for FY04. This is due to the absence of strong forex gains, whichSource: Bloomberg - 578 words
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TRADES TO WATCH
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Article60 2005-03-05 6 ABERDEEN Asset Management Asia, a substantial shareholder of Venture Corp, has trimmed its deemed stake to 7.419 per cent from 7.453 per cent. The net fall resulted from Aberdeen's open-market sale of 110,000 shares on Wednesday and a purchase on Thursday of20,000 shares, also from the60 words
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Article51 2005-03-05 6 OLAM International yesterday announced that its substantial shareholder Newton Investment Management bought more than 5.5 million shares from the open market this week, raising its direct stake to 5.5 per cent, from 4.99 per cent previously. Shares of Olam yesterday ended five cents higher at 92.551 words
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Article88 2005-03-05 6 CHEN HUI FEN - Compiled by CHEN HUI FEN A day after a series of transactions that resulted in its deemed stake in SembCorp Industries going up to 5.691 per cent from 5.654 per cent, Schroder Investment Management group on Wednesday saw the stake fall to 5.668 per cent following88 words
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Article762 2005-03-05 6 For week beginning Feb 28 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS SttbuatW >uv No of Price SHAREHOLDING Trans Shareholder Sail Sham Par Mora Aftar Stodi Data Director Com '000 Shr$ COOP) COOP) Firstlink 3-Mar-OS NguTiengUng *Buy 2000 0.14 ***** 8.53 ***** 9.12 Fragrance 2-Mar-05 LimWantooi Buy 1180 0.31 *****0762 words
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Article, Illustration1993 2005-03-05 6 TEH HOOI LING - SHOW ME THE MONEY TEH HOOI LING Senior Correspondent REGULAR readers of this column would know by now that I'm a believer of value, and of how the market is prone to excesses driven by the mass psychology of the crowd. I foundCHRIS LOH - 1,993 words
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BT INVESTMENT ROUNDTABLE
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Article, Illustration2910 2005-03-05 7 OVERVIEW CORPORATE upheavals, once few and far between, are becoming all too commonplace on the local business scene these days. Singapore investors are being treated to news of a fresh intrigue almost every month: Since November, there's been China Aviation Oil (CAO), Citiraya, Accord Customer Care Solutions2,910 words
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SINGAPORE NEWS
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358 2005-03-05 8 JEAN CHUA - IN PARLIAMENT Employment is also likely to rise 3% from last year to 108,000 people Reports by JEAN CHUA THE infocomm technology (ICT) industry in Singapore is going strong, with sector revenue projected to grow 7.4 per cent this year to $37.3358 words
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455 2005-03-05 8 DESPITE its flaws and reputation as a "paper machine", Asean remains at the centre of Singapore's foreign policy, and the Republic will benefit economically if it works to ensure regional integration is on track. Speaking in Parliament yesterday, Foreign Affairs Minister George Yeo said455 words
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187 2005-03-05 8 EUROPEAN nations are making a bid to attract more Singapore students to study there by setting up a European Pavilion in this year's recruitment and education exposition, Career 2005, which is underway at Suntec Singapore. The Pavilion provides local students with information on187 words
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262 2005-03-05 8 THE Economic Development Board's (EDB) Global Schoolhouse project has received another feather in its cap this time from the Indian Institute of Management Bangalore (IIMB). lIMB, a leading global business school and one of six Indian Institutes of Management. opened its first South-east262 words
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358 2005-03-05 8 Reuters SINGAPOREAN couples may not be happy with their partners but they will marry them anyway, a global survey on relationships shows. The poll of 716 couples who planned to wed showed that 39 per cent were unhappy in their relationships, the highestReuters - 358 words
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421 2005-03-05 8 CHEN HUIFEN - By CHEN HUIFEN SINGAPORE'S advertising industry was on a roll last year. Total gross ad spending went up some 15 per cent to $2 billion, driven by companies marketing pharmaceutical products and beauty services. According to Nielsen Media Research, which tracks the421 words
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Article, Illustration351 2005-03-05 8 LIZA LIN - By LIZA LIN THE soldier advances, gunfire reverberating in his ear. He hears the sand crunch below his feet. Time to activate his men to strike, he thinks, and with a click of his computer mouse, 100 men swing into action. This is351 words
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Page 8 Advertisements
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Advertisement1064 2005-03-05 8 Xotices IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SAM SURFACE-TREAT PTE LTD Co Reg No: *****0137 M (In Members' Voluntary Liquidation) NOTICE Of SPECIAL AND ORDINARY RESOLUTION (Pursuant to Section 290(2)(b) At on Extraordinary General Meeting of the abovenamed Company deemed to be1,064 words
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NETWORK SINGAPORE
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Article, Illustration1230 2005-03-05 9 PEI-WEN YEN - LETTER FROM UK From watercolours to wellies, Italian to iced buns, PEI-WEN YEN finds much satisfaction in an extensive curriculum and an activity-filled lifestyle at the elite Cheltenham Ladies College PEI-WEN YEN My interest in going abroad to study in a boarding school was first1,230 words
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Article26 2005-03-05 9 Transaction date: Mar 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 day26 words
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Page 9 Advertisements
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Advertisement32 2005-03-05 9 Share your experience All overseas Singaporeans working or studying abroad are invited to share their experiences with readers on our Network Singapore page. E-mail your contributions to btletterOsph.com.sg Photographs are welcome too.32 words
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ECONOMY WATCH
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Article, Illustration566 2005-03-05 10 Finance chief to up spending by 13.7%, cut special bond issue to 80b yuan Reuters [BEIJING] China will steadily push ahead with reform of the yuan's fixed exchange rate in 2005 while keeping the currency basically stable, Premier Wen Jiabao willReuters - 566 words
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Article, Illustration468 2005-03-05 10 Poor nations like Brazil say farm reform was ignored Reuters [MOMBASA, Kenya] Tensions between rich and poor countries surfaced in Kenya on Thursday when grievances over farm reform clouded talks aimed at speeding up progress towards a new deal on global free trade. TheReuters; REUTERS - 468 words
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392 2005-03-05 10 LATEST US DATA AP, Reuters. Bloomberg [WASHINGTON] US employers added a sizable 262,000 jobs last month, the biggest gain in four months, suggesting companies have greater confidence in the economy. But the new hiring wasn't sufficiently brisk to accommodate a wave of job seekers, andAP,; Reuters.; Bloomberg - 392 words
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Article34 2005-03-05 10 UNIT TRUSTS FUNDS LEGEND:All prices are indicative;Broadly Diversified; Narowly Focused;$ Lower Risk;^ Low to Medium Risk;& Medium to High Risk;** Higher Risk;open-ended;+Before subdivision of units;After subdivision of units;SP after stock split N.A-Non Dealing Day34 words
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Page 10 Advertisements
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Advertisement19 2005-03-05 10 r- All ia nz (Tfi) Dre s d ne r DIT-Europazins rated AA by Standard Poor s A s„.m.,,,,*™™.19 words
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MALAYSIA/INDONESIA
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533 2005-03-05 11 SHOEB KAGDA - They target younger shoppers as retail sector sees steady growth By SHOEB KAGDA in Jakarta AS Indonesia's retail sector expects to continue to post double-digit growth this year, major supermarket chains are gearing up for a battle royal that could revolutionise the way consumers shop533 words
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Article, Illustration418 2005-03-05 11 [SINGAPORE] Malaysia's stock exchange, Bursa Malaysia, has priced its RMS2I million (***** million) initial public offering at the top of its book-build-ing range after strong demand from institutional investors, Reuters reported a fund manager as saying. The exchange, which is going publicAP - 418 words
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422 2005-03-05 11 Initial effort to sell life policy division stalled this week [KUALA LUMPUR] Tahan Insurans Malaysia says two banks and an investment holding company are eyeing its life insurance business after earlier talks to sell it to Southern Bank Bhd (SBB) broke down422 words
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Article499 2005-03-05 11 S JAYASANKARAN - By S JAYASANKARAN in Kuala Lumpur FORMER Communist Party of Malaya (CPM) leader Chin Peng filed a suit in the High Court of Malaya yesterday in a move to compel Kuala Lumpur to allow unnamed members of the CPM represented by the former guerilla499 words
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259 2005-03-05 11 Reuters [OSLO] The world's biggest independent oil tanker group, Frontline, said on Thursday it would fight a ruling and related fine by 'Indonesia's competition authority over a 2004 ship purchase. The Indonesian Commission for the Supervision of Business Competition ordered Frontline to payReuters - 259 words
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Page 11 Advertisements
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Advertisement23 2005-03-05 11 "ifK Lianhe Zaobao m Sharp fall la aaaiber of I IPOs I in first two months I of 2005 I I I I23 words
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GREATER CHINA
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Article, Illustration604 2005-03-05 12 They want interim replacement for HK chief exec to serve only 2 years Bloomberg. Reuters [HONG KONG] Political backers of Hong Kong Financial Secretary Henry Tang are lobbying China to make the term of whoever replaces chief executive Tung Chee-hwa twoBloomberg.; Reuters; AFP - 604 words
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219 2005-03-05 12 Xinhua executive with Wynn Re--sorts (Macao) expelled worries that the parent company's involvement in Singapore's casino bidding would hinder its investment plan in Macao. Yesterday's Macao Daily quoted Grant Bowie, president and general manager of Wynn Resorts in Macao, as saying thatXinhua - 219 words
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410 2005-03-05 12 Reuters. AFP [NEW YORK] Taiwan's finance minister and other officials candidly discussed Taiwan's underperforining financial institutions and crowded bank market on Thursday in a bid to lure US investors. Finance Minister Lin Chuan and senior officials from Taiwan's Council for Economic Planning andReuters.; AFP - 410 words
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INDIA
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Article, Illustration374 2005-03-05 13 Govt plans to divest shares in Oil India, Power Grid and Bharat Aluminium Bloomberg [NEW DELHI] India may sell shares in Oil India Ltd and Power Grid Corp of India Ltd in the financial year starting April 1, a finance ministry officialBloomberg - 374 words
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317 2005-03-05 13 Reuters [MUMBAI] Indian back-office firms face a growing challenge holding on to employees, even as they hire tens of thousands every quarter. Some firms say they need to replace up to half their people every year. Call centres, which snap up English-speakingReuters - 317 words
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351 2005-03-05 13 It expects to set up retail operations in two years IMUMBAI] GE Money, the consumer lending division of General Electric, is considering acquiring an Indian public-sector bank following reforms announced this week, the Financial Times reported yesterday. The US group is also examining351 words
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160 2005-03-05 13 Bloomberg [NEW DELHI] India's sugar industry has produced some of the country's top stock-market performers in the past year. The rally in shares of companies such as Bajaj Hindusthan and Dhampur Sugar Mills may persist. Higher sugar prices and Indians' growing purchases of sweetBloomberg - 160 words
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Article1551 2005-03-05 13 Transaction Date: Mar 4 STRAITS TIMES INDEX STOCKS UK*m m Oc« dun** MM*MM <M OH 0*mp SMMM M OM Ommtf AHqrwnSOc 031 1.180 <MB> HKUndU510t 130 2750 -00» STtngglOc 174 1410 *0fl«0 BIL Intl usac 0.49 1.120 H»~HrCorf} 0.4* UM *0.100 STAT50»2St 040 QMS *0015 CapitaUnd 1.58 2400 -*0.0301,551 words
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ASIA-PACIFIC/WQRLD
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717 2005-03-05 14 Observers say he wants to make an impact on major issues before his retirement AP [WASHINGTON! Federal Reserve chairman Alan Greenspan seems like he's everywhere these days, peering out from black horn-rimmed glasses and waxing on about Social Security, Medicare, deficits, consumption taxes, financialAP - 717 words
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Article, Illustration418 2005-03-05 14 AP [ALDERSON, West Virginia] After undergoing chemotherapy treatment in Tacoma, Washington on Wednesday, Kathy Herrmann flew across the United States to see Martha Stewart as she left a federal prison in West Virginia early yesterday. "I'm tired but it meantAP - 418 words
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WORLD WATCH
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93 2005-03-05 14 Bloomberg [NEW YORK] News Corp, controlled by Rupert Murdoch, on Thursday raised an offer to gain full ownership of Fox Entertainment Group to about US$6 billion after shareholders sued to block the deal. Murdoch boosted the price 7 per centBloomberg - 93 words
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77 2005-03-05 14 Reuters [SEOUL] South Korean prosecutors have launched an investigation into possible irregularities in the sale of LG Card shares by US private equity firm Warburg Pincus and other former major shareholders, a prosecutor said yesterday. South Korea's financial watchdog said inReuters - 77 words
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85 2005-03-05 14 AP [WASHINGTON] The Securities and Exchange Commission (SEC) has given smaller US corporations and foreign companies a one-year reprieve from a key part of the anti-fraud law enacted after the series of corporate scandals. The SEC will give those companies, some of whom hadAP - 85 words
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119 2005-03-05 14 Bloomberg [HONG KONG] HSBC Holdings will double the number of equity analysts in its global research team to about 100 as it builds its investment banking division. Robert Vaudry, the bank's global head of research, said on Thursday that the bank wasBloomberg - 119 words
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88 2005-03-05 14 Bloomberg [TOKYO] Mizuho Financial Group, Japan's biggest bank by assets, surpassed Mitsubishi Tokyo Financial Group (MTFG) by market value for the first time, crowning a year in which it repaid almost US$6 billion owed to the government. Mizuho's shares rose 1.8 per cent toBloomberg - 88 words
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86 2005-03-05 14 Bloomberg [BANGKOK] Thailand will sell shares of at least two state enterprises this year, Electricity Generating Authority of Thailand, the country's biggest power producer, and TOT Corp, its biggest fixed-line phone operator. Finance Minister Somkid Jatusripitak said. "They both have improved efficiencyBloomberg - 86 words
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87 2005-03-05 14 AP [NEW YORK] ChevronTexaco Corp, the second-largest US oil company, is considering making a bid for its smaller rival Unocal Corp, The Wall Street Journal reported on Thursday. Citing people familiar with the matter, it said ChevronTexaco was in the early stages of itsAP - 87 words
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55 2005-03-05 14 AFP [FRANKFURT] US computer giant IBM plans to close two sites in Germany, which would entail the loss of6oojobs, the services sector union Verdi said yesterday. Affected would be the employees of IBM's unit, IBM Business Services, in SchweinfurtAFP - 55 words
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Article, Illustration242 2005-03-05 14 AP. AFP [NEW YORK] The art installation The Gates created an economic boom similar to the Christmas season, with the city discovering an estimated US$254 million economic boost tucked beneath the saffron fabric decorating Central Park, Mayor Michael Bloomberg said onAP.; AFP; REUTERS - 242 words
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Article288 2005-03-05 14 They are selling to cash in on high share prices Reuters [LAS VEGAS] Gaming stocks have exploded over the past two years, as Americans rediscovered the joys of gambling. But as some analysts are wondering if the best news is already factored in, insiders atReuters - 288 words
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183 2005-03-05 14 Reuters [LOS ANGELES] The trendy Palms Casino Resort in Las Vegas on Thursday unveiled plans for a US$6OO million expansion, including a new 347-room hotel tower and a 50-storey luxury condominium tower. The Palms, which opened in 2001 with 430 rooms, saidReuters - 183 words
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305 2005-03-05 14 NYT, Reuters [CHICAGO] An audacious solo flight around the world the first without stops or refuelling—ended on Thursday afternoon where it began as the Virgin Atlantic Global Flyer touched down safely, its 13 fuel tanks nearly empty. The plane, piloted by Steve Fossett, aNYT,; Reuters - 305 words
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MOTORING
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Article, Illustration543 2005-03-05 15 SAMUEL EE - More than 250 of the new Lexus GS300 were ordered even before the first one was delivered last Wednesday. SAMUEL EE drives the car to find out what's special about SAMUEL EE ONLY one other aspect of the new Lexus GS3OO is more intriguing than its switch to543 words
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Article, Illustration524 2005-03-05 15 SAMUEL EE - By SAMUEL EE THIS year's Malaysian Grand Prix is going to be a lot more attractive because the race promises to be a lot cooler both literally and figuratively. For the March 19-20 race, the second on the Formula One calendar, part of the renovations524 words
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Article, Illustration448 2005-03-05 15 SAMUEL EE - By SAMUEL EE FOUR cars which premiered at this week's Geneva Motor Show are driving into Singapore showrooms as soon as next month. Here is a sneak preview. Flying Spur The Continental Flying Spur will be the fastest four-door Bentley model ever. Basically a448 words
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GOLF
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Article, Illustration1084 2005-03-05 16 PEPPER LEE - A round of golf is fun in the sun, an opportunity to network, and a rewarding way to cement relationships with customers, as PEPPER LEE finds out from businesses that organise private tournaments PEPPER LEE MANY companies on a drive to cement relationships with customers now1,084 words
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Article166 2005-03-05 16 Changi Golf Club is now offering Social Membership with Golfing privileges (SGM). The term membership is available on a renewable yearfy basis with the option to transfer to full membership (as and when available) at any time during the term of membership. The annual fee of $358 and166 words
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Page 16 Advertisements
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Advertisement337 2005-03-05 16 Wine&dine withweekendßT Coleman's Cafe Peninsula Excelsior Hotel, Level 5. TeL *****132 Buffet lunch available on weekends and public holidays. For birthdays, registration of marriage or baby's full-month celebrations, you get alO per cent discount Price: $16.80+++(adult), $11J0+++ <ch&&. Fook Yuan Seafood Restaurant W2-19 Raffles City Shopping Centre. TeL 6333-1661. lunch337 words
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Advertisement208 2005-03-05 16 CPWTd Hotel 442 Orchard RdL Tel: 6739 6554 AB*you-can-eat drunken live prawns and pepper crabs are on promotion at the Orchard Cafe buffet Along with its famous Taiwanese porridge spread Asian specialities and over 50 items on the buffet table, the chefs special drunken prawns and crabs can be had208 words
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Advertisement184 2005-03-05 16 Raffles Marina 10 Tuas West Drive. Tel: *****288 Special double-boiled soups and six other dishes from the weekday set lunch menu at only $22.80. Plaza Market Cafe Level 2, Raffles The Plaza. TeL *****156 Relive the Peranakan culture and savour the popular cultural mix of the Peranakan cuisine: special homemade184 words
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WELLNESS
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Article, Illustration891 2005-03-05 17 PEPPER LEE - PEPPER LEE finds out more about a pioneering treatment for hair loss, and the man who has brought it to Singapore PEPPER LEE IT wasn't a coincidence that last Tuesday's official opening of the Electro Hair Regeneration (EHR) Centre at Camden Medical Centre fell on the Anglo-Chinese891 words
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Article, Illustration518 2005-03-05 17 PEPPER LEE - Pamper your hair and yourself A bad hair day is just a bad memory at Action Hair Salon, as PEPPER LEE finds out PEPPER LEE IF you think a spa treatment is addictive, wait till you get your hair done, and we don't mean a cut and blow dry. At518 words
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SHOPPING
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Article, Illustration659 2005-03-05 18 CORINNE KERK - CORINNE KERK checks out what's in store at this year's Singapore Fashion Festival, which promises to be a consumer-focused event CORINNE KERK YOU may not have seen models at yesterday's launch of the Singapore Fashion Festival 2005 walking on water (with some help from a platform, admittedly), but659 words
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Article, Illustration541 2005-03-05 18 CORINNE KERK - By CORINNE KERK AFTER exiting the local fashion scene two years ago, Calvin Klein Jeans formerly marketed as cK Calvin Klein Jeans will stage a comeback next month in what is promised to be a dramatic, street-fronting space at Paragon. With BrandedPHOTO OF SIMON HUGHES BY CHRIS LOH - 541 words
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IN STORE
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Article, Illustration49 2005-03-05 18 A mule with a touch of mystique, this slip-on with a twoinch heel comes with sequins and beads to make it more exotic and feminine. Imported from Italy and made of genuine leather, it's a real bargain at $27.90 at the Shoe Station 8, Heartland Mall.49 words
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Article, Illustration78 2005-03-05 18 Touted as being "brutally frank", the Luxe pocket-sized, concertina-style travel guides offer tips on the best places to dine, shop and experience a city. Recommendations come from residents selected for their sense of style and flair in each location. The guides are also updated78 words
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Article, Illustration53 2005-03-05 18 Combine style and space with Fendi's satchel from its new ID collection. The target? "Cafe society" urban fashionistas who have a habit of meeting at cafes with their laptops and techno gadgets in tow. Priced at $965 at Fendi outlets in Ngee Ann City, DFS Galleria Scottswalk53 words
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Article71 2005-03-05 18 CORINNE KERK, MIKE CHUA - Compiled by CORINNE KERK, MIKE CHUA Capita Land malls: Parents, take your kids to any of these malls to catch Spongeßob Square Pants and Patrick Starfish, the key characters from The Spongeßob Square Pants Movie. They will be making daily appearances at the following malls during the March71 words
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DESIGN
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Article, Illustration1408 2005-03-05 19 ARTHUR SIM - The low medal tally at Furniture Design Award 2005 suggests the road to Singapore becoming a design hub may be longer, says ARTHUR SIM ARTHUR SIM THE notion of what 'Asian* actually means today is becoming increasingly diverse as the designs at the Furniture Design Award 2005 (FDA)1,408 words
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Article120 2005-03-05 19 Young Designers Category Gold Award Hans Tan/Bamboo Chaise Merit Awards Edwin Cheong/Oneline Chair; Li Tan Qi/Mutual Lit and The Maiden's Hairpin; and Lui Honfay/Dual Students Category Gold Award Matthew Tan/VOX (Temasek Polytechnic) Silver Award Liu Ping/Balance (LaSalle-SIA College of the Arts Bronze Award Tan Bee Hock/Qi Pao (Nanyang120 words
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FOOD
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Article, Illustration1632 2005-03-05 20 JAIME EE - It's the weekend and you arise with a hunger for creamy scrambled eggs or a slab of french toast. What do you do? JAIME EE has some suggestions JAIME EE THE advent of the five day work week means that there are now two whole days for1,632 words
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Page 20 Miscellaneous
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Miscellaneous228 2005-03-05 20 CRYPTIC CROSSWORD 1 Skinhead is very unhappy to LbJ—-LhJ-——j_J_—^— 9 Touched the engine (4) HM' iHf 11 Remairtingmint (6) Dejection the French twins showing compassion (7) 24 The company I directed is JBB__pBL__BH——HI wound up (6) starting in evil (4) 29 Food is dear, needs additional 1 1 money (10)228 words
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