The Business Times, 18 April 2005
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2005-04-18
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The Business Times
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Title Section13 2005-04-18 1 THE BUSINESS TIMES SlNGftCfifM&rtr' online at http://business-times.asial.com.sg MICA (P) 069/03/2005 Monday April 18,200513 words
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862 2005-04-18 1 ALEXANDRA HO - But many feel outcome is foregone; the real issue is how many and where By ALEXANDRA HO [SINGAPORE! All eyes will be on Prime Minister Lee Hsien Loong today, as he announces in Parliament the government's decision on whether to allow casino gaming in862 words
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Article, Illustration845 2005-04-18 1 WONG WEI KONG - By WONG WEI KONG [SINGAPORE] Ron Sim was already an admirer of American retail group Brookstone Inc 12 years ago. But it was only over a decade later that he made his first move. And it led to an announcement late last Friday845 words
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Page 1 Advertisements
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Advertisement16 2005-04-18 1 WAjISTREET J^Jl Stocks close to bottom after Friday's plunge PG 2 H Wot'' BP^^^Dv. »M JH^J16 words
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Advertisement149 2005-04-18 1 WORLDGOURMET cfarfsandwinematefs Fte 4c' 3*2, -J I ■iiw^<iiT?lati»ivi[»[»[saititiiia»ii3Sv^Mk Rabobank is the only privately owned With presence in 38 countries and 245 offices, AAA-rated financial institution, with over Rabobank offers a range of products to €440 billion in assets with over 100 years J Credit Lending Of experience. structured Trade Commodity149 words
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TOP STORIES
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Article, Illustration845 2005-04-18 2 DANIEL BUENAS - Merrill reckons it could bring $3.4b in revenue, $1.4b in taxes a year By DANIEL BUENAS [SINGAPORE] Most analysts and industry watchers are decidedly bullish over the economic prospects and spin-offs an integrated casino resort will bring to Singapore, although social costs arePHOTO: MORGUEFILE - 845 words
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Article603 2005-04-18 2 Hong Leong Asia to divest China unit HONG Leong Asia, which is controlled by Kwek Leng Beng, is looking to divest a troublesome China subsidiary, with the aim of improving the group's corporate governance and using the profits for its own growth and expansion. The subject of concern603 words
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Article102 2005-04-18 2 MARKETS W««k Chge STI .2150.23 -31.71 KLSE COMP 874.25 +10.23 NIKKEI 225 _.*****.69 -504.06 HANG SENG *****.75 -27.97 SET INDEX 698.28 +14.52 JAKARTA COMP ...1096.52 -14.71 MANILA COMP ....1864.06 -42.63 TAIPEI TAIEX 5888.37 -135.70 SEOUL COMP 947.22.. -44.95 SHENZHEN B .265.59 -7.59 AUSTALLORD 3993.20 -155.30 DOW JONES *****.51102 words
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722 2005-04-18 2 ANDREW MARKS - WALL STREET INSIGHT Analysts say selling is overdone and a turnaround is near By ANDREW MARKS in New York WALL Street sank into panic selling on Friday, recording its worst single-day performance in two years but some market strategists say the722 words
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Article, Illustration932 2005-04-18 3 What the Cabinet ministers have to say on the casino issue April 16, 2005 "I don't like gambling. I wish we don't have to have a casino but if we can revitalise our tourism and hospitality sector with only one, then maybe it is a932 words
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Page 2 Advertisements
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Advertisement312 2005-04-18 2 Take the next step with an It MBA if «9gH jjlflKhl %Ha aft a Who should embark on an MBA: ftp .v u Professionals, managers, executives and businessmen m who want to broaden their understanding of how functional f r j areas within a business inter-relate in a global environment312 words
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Page 3 Advertisements
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Advertisement213 2005-04-18 3 The fastest way to earn on year 'U^si r* jßSni The American Express* Singapore Airlines KrisFlyer Gold BJ on your purchases from Hbf dining and everyday Each time you <r. m the Card, you'll receive KrisFlyer miles that bring you a "y<r closer to your dream destination. And with 50%213 words
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COMPANY NEWS
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451 2005-04-18 4 MICHELLE QUAH - Offloading troublesome Yuchai will help Hong Leong Asia to grow By MICHELLE QUAH HONG Leong Asia, which is controlled by Kwek Leng Beng, is looking to divest a troublesome China subsidiary, with the aim of improving the group's corporate governance and using the451 words
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607 2005-04-18 4 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY SINCE the start of the year, forestry and pulp company United Fiber System's shares (Unifiber) have rarely strayed far from the top of the list of the market's most actively traded stocks. Unifiber shares have also been among607 words
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Article, Illustration421 2005-04-18 4 NANDE KHIN - By NANDE KHIN SIMON Cheong's SC Global Developments yesterday said it is making a pre-con-ditional offer for the remaining shares of Vantage Corporation the former Blue Inc that it does not already own. If the pre-conditions are satisfied or waived, SC GlobalFILE PHOTO - 421 words
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Article677 2005-04-18 4 COMPANY «FT*6 PLACE DATl TIME OSSIA Intl A 10 Changi South Lane #07-01 OSSIA Building 22-Apr 2.00pm Anwell Tech A Raffles City Convention Centre, Orchard Room, 2 Stamford Rd 22-Apr 2.00pm Eastern Asia A TDB Room, Lower Lobby, the Fullerton Hotel, 1 Fullerton Sq 22-Apr 2 00pm Hong677 words
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Page 4 Advertisements
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Advertisement452 2005-04-18 4 1 r 1 V l V^^W^m- /'J I; W Hf V v W '>;«! K >Tbl r Global Corporate Services Company Formation Foreign Direct Investment Virtual Offices Since 1975 OCRA Worldwide has been providing offshore incorporation and administration solutions for Asian and International businesses. We have been at the forefront452 words
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SINGAPORE MARKETS
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Article, Illustration1152 2005-04-18 5 TEH HOOI LING - TEH HOOI LING Senior Correspondent A RE we now into the bear phase of the market? For the week, the Straits Times Index (SIT) lost 31.7 points or 1.5 per cent That was its third decline in four weeks. Since the middle of last1,152 words
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Article, Illustration823 2005-04-18 5 ROBERT HALILI - INSIDE MARKETS 18 firms record 34 director and substantial shareholder purchases worth $15.5 million, reports ROBERT HALILI ROBERT HALILI ENTIMENT has been very posimT tive in the past eight weeks with buyers outnumbering sellers by an average of four to one in every trading category. ThereFILE PHOTO - 823 words
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Article2272 2005-04-18 6 Payment Ex looks Pay (ffil *d« clota «at» STelecom Intl US2c F US0.26TA 20-Apr 25-Apr OSMay BTelecom Intl US2c S US0.26TA 20-Apr 25-Apr OS-May ABR Hldgs 5c F 0.50 04-May 0»May 1»May Action Asia 10c x 050 12 May 17-May 31 May Adampak 8c b 125 04-May 0»May2,272 words
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Article, Illustration637 2005-04-18 6 R SIVANITHY - From 'win-win 1 to 'lose-lose' STOCKS R SIVANITHY Senior Correspondent AS recently as two to three months ago, equities were firmly in "win-win" mode. Whenever the US Federal Reserve raised interest rates, l it didn't matter because the hike like the several that preceded it had already been discounted. If637 words
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530 2005-04-18 6 CURRENCIES AFP [HONG KONG] Asian currencies saw a mixed week against the US dollar, with uncertainty over oil prices, growth and interest rates weighing on investors. Japanese yen: The yen rebounded and then fell back against the US dollar last week asAFP - 530 words
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915 2005-04-18 6 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] Oil prices slumped last week after an unexpected sharp rise in US crude inventories and the likely prospect of a production hike by the Organisation of Petroleum Exporting Countries (Opec) helped to assuage fears about possible shortages.AFP - 915 words
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Article, Illustration434 2005-04-18 6 OTHER SINGAPORE INDICES Apr 15 VALUE CLOSE BT OB/OS -76.00 -202.00 BT CADI -*****.00 -153.00 BT 10-day MA -*****.00 -7.00 All-SG Equities 553.16 -5.65 SG Equities Elect 132.58 -2.11 SG Equities Fin 1632.95 -2.03 SG Equities Prop 557.71 -4.47 SIMSCI 253.35 -2.29 SiMSCI Futures 252.40 -2.40 MOST ACTIVE STOCKS VOLUME434 words
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Page 6 Advertisements
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Advertisement56 2005-04-18 6 WEEK AHEAD Investor events to watch out for Straco, AGM, Apr 18 Food Empire, AGM, Apr 20 Osim, AGM, Apr 18 Wepco, AGM, Apr 20 YHI Int'l, AGM EGM, Apr 18 Cosco Corp, AGM, Apr 20 IRE Corp, AGM, Apr 18 China Paper, AGM, Apr 21 ASJ Hldgs, AGM, Apr56 words
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MAKING BUSINESS SENSE
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Article, Illustration698 2005-04-18 7 CAROLYN QUEK - INNOVATIVE, LOW-COST WORK-LIFE PRACTICES Different companies have different needs, but there are ways for companies to attract and retain staff without incurring too much cost, says CAROLYN QUEK CAROLYN QUEK WITH the economy picking up retaining good employees is a major concern in many698 words
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Article, Illustration534 2005-04-18 7 CAROLYN QUEK - By CAROLYN QUEK THE KEY to achieving a successful worklife implementation involves several critical factors. This is according to Lydia Goh, who is the managing director of Excelsa Consulting, a local work-life firm. So what are these factors exactly? We take a look. Leadership and534 words
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Article, Illustration595 2005-04-18 7 CAROLYN QUEK - Go ahead photocopy the kids' school work here By CAROLYN QUEK AT SP Consulting, a local management consultancy firm here, staff can use the photocopy machine to copy personal material. This practice was made official as part of the company's work-life programme which started five years ago. Other practices in595 words
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Article231 2005-04-18 7 WORK-LIFE programmes help companies retain good staff and be more competitive. Hence, a $10 million Work-Life Works! (WoW!) Fund was set up on Aug 22, 2004. The WoW! Fund serves as an incentive for employers to offer more work-life programmes, in particular, flexible work arrangements. It will231 words
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VIEWS FROM THE TOP
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Article, Illustration2305 2005-04-18 8 THIS WEEK'S TOPIC How do you see India and China developing economically and socially over the next 10 years or so? How will it affect us in Asean and in Singapore in particular? And how are you and your organisation adjusting to make the most of this2,305 words
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Page 8 Advertisements
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Advertisement91 2005-04-18 8 BT CEOs e-club Members of the BT CEOs e-Club are Singapore's top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust This 'dub' is a virtual one, with interaction mainly via e-mail. Each week, we will invite comments from these top executives91 words
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SINGAPORE NEWS
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Article, Illustration863 2005-04-18 9 VIKRAM KHANNA - Cities with wireless infrastructure will be winners: CIO By VIKRAM KHANNA IN A "digital city", residents will be able to vote online, obtain licences and permits via computer, alert emergency services through mobile phones, access information to health, education, tourism, andCHRIS LOH - 863 words
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Article162 2005-04-18 9 DATE/ TIME EVENT VENUE 18-19 Apr Developing Successful Grand Hyatt 8.00am Change Strategies with Narrative Techniques 19 Apr Conference on NUS, School of 8.15am Quantitative Finance Business, Conference Room B (BIZ 2 Building #05-10) 19 Apr ISEAS Seminar on ISEAS Seminar Room 10.30am International Oil Security II, 30162 words
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Article, Illustration396 2005-04-18 9 ALEXANDRA HO - It seeks moderate hotels but is also keen on high end By ALEXANDRA HO MARRIOTT International is on the lookout for a new management contract in Singapore, even as it continues adding new properties to its portfolio in the Asia-Pacific. Its president and managing396 words
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Page 9 Advertisements
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Advertisement96 2005-04-18 9 5 Raffles Avenue, Manna Square, Singapore *****7. Telephone: +65 6338 0066 Facsimile: +65 6339 9537 Email: orsinemohg.com www.mandarinoriental.com I i --~!Ssw n»im•« |h WmM Oouniwt lummti tAoUr-/ (s- C^/K. J Eh rJftr uVM:f:I im' 'Ji ittWHmTSnimi oYh'l:wktA Mlnil EuroAutomoblle Pte Ltd: 30 Teban Gardens Cresent Singapore *****7 Tel: 6566 220096 words
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DINING OUT
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Article, Illustration1048 2005-04-18 10 If you're still in an Atkin's, uh, steak of mind, we help you find a good piece of meat Just Steak #01-42 The Riverwalk 20 Upper Circular Road Tel: 6438-5522 Open for dinner only, although special arrangements can be made to accommodate requests for lunch.1,048 words
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Page 10 Advertisements
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Advertisement194 2005-04-18 10 TOASTING TO EXCELLENCE THIS SECRETARIES' WEEK AT RAFFLES HOTEL 25 TO 29 APRIL 2005 Excellent service should always be rewarded and this Secretaries' Week, Raffles Hotel offers excellent dining experiences at our distinctive restaurants, where luxurious gifts and exciting daily lucky draw prizes await. The top prize of the Secretaries'194 words
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Advertisement177 2005-04-18 10 Eat with your right hand. This Secretaries' Week (25 29 April), treat your right-hand woman to a rewarding lunch or dinner, or even both! Consider for a minute what your working week would be like without your trusted Secretary... This Secretaries' Week, make her feel truly appreciated with a satisfying177 words
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DINING OUT with UOB Credit Cards
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Article, Illustration1594 2005-04-18 11 Forget about low-carbs, and zero in on some good old-fashioned Italian pasta. We check out some places Garibaldi #01-02, 36 Purvis Street Tel: 6837-1468 GARIBALDI has always been up there among the top Italian restaurants in Singapore and much of the reason has been chef Roberto Galetti's1,594 words
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Page 11 Advertisements
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Advertisement1081 2005-04-18 11 Savour the best 1-for-1 deals. Only with Singapore's Hottest Dining Partner. E Reservations are required for all offers. Grand Shanghai One for One Set Menu .($6B per person) 1*0836 ABM R ln t Hanahiflnfl for On« 7-rnnr«M» mini Kaisaki sat <t49+++ Der rax* (Ttomptnee MflM), 6603 0330 (Causeway Point) and1,081 words
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WORLD GOURMET SUMMIT
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Article, Illustration845 2005-04-18 12 GEOFFREY EU - It's time for some serious feasting as a host of master chefs and winemakers arrive in town for the 9th edition of the World Gourmet Summit. GEOFFREY EU gets a tantalising taste of what's on offer GEOFFREY EU THF French know a thing or two about revolutions having845 words
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Article, Illustration512 2005-04-18 12 PEPPER LEE - PEPPER LEE learns more about this year's series of eight culinary workshops PEPPER LEE BELIHVE it or not, entertaining guests at home can mean more than serving chips and beer. Or home-delivery pizza and fried chicken. So if you're constantly stuck in a rut when entertaining guests,512 words
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Article, Illustration1195 2005-04-18 14 CAROLYN QUEK - It's been a sell-out event ever since it was introduced with the first WGS in 1997. CAROLYN QUEK finds out why gourmands just can't keep away from the masterchef safaris CAROLYN QUEK EVEN though you won't be finding wildlife at the World Gourmet1,195 words
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Article, Illustration768 2005-04-18 15 PEPPER LEE - PEPPER LEE enjoys a sneak preview of Eu Yan Sang's 'Five Treasures' dinner PEPPER LEE FANCY having a free flow of American wild ginseng tea to go with a feast fit for royalty? The Ku Yan Sang "Five Treasures" dinner, to be held on April 26 at The768 words
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Article213 2005-04-18 15 LIZA LIN - By LIZA LIN SPONSORING lifestyle events such as this month's World Gourmet Summit plays a role in helping American Express International (Amex) deepen its relationships with cardholders and merchants. Atul Mathur, vice-presi-dent and country manager of Amex, said not only did these events benefit their213 words
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Page 12 Advertisements
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Advertisement69 2005-04-18 12 Founded 106 years ago, Miele has strived to produce only the best appliances that deliver the best culinary results. With Miele's innovation, we complement your desire to prepare that perfect gourmet cuisine, even at home. Because we know for you, Anything Else is a Compromise. Anything else is Q compromise69 words
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Page 13 Advertisements
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Advertisement30 2005-04-18 13 Meet the Stars from 18 29 April 2005 Presenting Partner Airline Partner Primary Partners Jointly organised by CARREY k rv, EMU w™- JSk, 8839 HHHBHB iSir.v?! H IWinMlllßlm qmnnnainr SMIUONNO30 words
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Page 14 Advertisements
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Advertisement294 2005-04-18 14 With Eu Yan Sang premium herbs, gourmet dishes become tntfy batanced meals. **< s T?*Z At the World Gourmet Summit 2005, Master Chefs are using Eu Yan Sang premium herbs to add the winning touches to their gastronomic creations. They choose Eu Yan Sang because they demand only the best.294 words
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Page 15 Advertisements
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Advertisement286 2005-04-18 15 Jjjp k Hr ''*>< Jr Proudly Presented bj jgf JBk |||9|^H tcA-&/c>o'me«l' Ryuichi Yoshii Alan Wong Yoshii Restaurant Sydney, AUSTRALIA Alan Wong's Restaurant Honolulu, Hawaii, USA 19 to 22 April 2005 25 to 28 April 2005 Experience the culinary art of Chef Ryuichi Yoshii, whose Born in Hawaii, Chef Alan286 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration787 2005-04-18 16 R SIVANITHY - By R SIVANITHY THE 1993 and 1999 bull runs in the local stock market promoted a greai falsehood, one that has to rank alongside the likes of "the cheque is in the mail", "don't worry this may be a recession but we're not retrenching" and, theIllustration: BenCruz - 787 words
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Article, Illustration958 2005-04-18 16 JOSEPHINE TAY - CAMPUS LIFE This student aims to earn his first million by 26, says JOSEPHINE TAY JOSEPHINE TAY AT only 22, he can already boast that he has met Michael Duke, CEO of retail giant Wal-Mart, and David Pierce, vicepresident of major insurer AIA. Suraj Luke, founder and958 words
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Page 16 Advertisements
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Advertisement250 2005-04-18 16 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have250 words
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ECONOMY WATCH
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516 2005-04-18 17 G-7 MEETING Need to protect world economy from risks Bloomberg [WASHINGTON] The Group of Seven (G-7) industrial nations said "vigorous action" is required to protect the world economy from increased risks and sought to quell investors' mounting concern that growth is faltering.Bloomberg - 516 words
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Article, Illustration211 2005-04-18 17 Bloomberg [WASHINGTON] Japanese Finance Minister Sadakazu Tanigaki has urged the International Monetary Fund (IMF) to give Asian countries a bigger role by reviewing its quota system that allocates voting power. The failure to address the concerns of Asia puts the IMF at riskBloomberg - 211 words
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250 2005-04-18 17 AFP [WASHINGTON] Top global finance ministers have received a sharp warning from the head of the International Monetary Fund (IMF), who said their policies could disrupt world markets as they remained divided on how to ease the debt burden carried by the poorest countries.AFP - 250 words
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Page 17 Advertisements
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Advertisement1818 2005-04-18 17 l IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF JOMEO (SINGAPORE) PTE LTD (Registration No. *****5730W) (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Chapter 50, that the Final Meeting of1,818 words
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Advertisement113 2005-04-18 17 f cyjbizz* Indulge In our exquisite arrai| of Authentic Italian Pizza: All Secretaries will receive a FVee Home made f iram Isu, (p™ is to 22 ap rii 2005) favour our Pizza I Plus rnjctj 10% off a la cart<sM with ijour Credit Cards J Pizza Ta*lk>, *01-57 to 41,113 words
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MALAYSIA/INDONESIA
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Article, Illustration638 2005-04-18 18 S JAYASANKARAN - MALAYSIA INSIGHT PM Abdullah could pare heavy government spending via upcoming Ninth Malaysia Plan S JAYASANKARAN KL Correspondent fjm W&KKKKKM HE safest gg I way to double your money," noted writer Frank Hubbard, "is to fold it over once and put it in your pocket."638 words
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356 2005-04-18 18 Bloomberg [JAKARTA] PT Bank Mandiri directors were questioned on Friday on loans of about one trillion rupiah (S$ 175 million) that Indonesia's biggest lender gave to 28 companies, the Attorney General's office said. The probe centred on whether Mandiri's lending practicesBloomberg - 356 words
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459 2005-04-18 18 S JAYASANKARAN - By S JAYASANKARAN in Kuala Lumpur CS MUTIARA Petroleum, a joint venture between Shell and Malaysian oil utility Petroliam Nasional, or Petronas, announced a gas strike in waters off the shores of north-eastern Terengganu state on Thursday. No details of the find were disclosed459 words
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Page 18 Advertisements
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Advertisement82 2005-04-18 18 ■H j^■j^^H WHEN LUXURYIS EVERYTHING Singapore's first monthly Chinese luxury title _*JM «^VI SNHHH 0- Upclose personal with Karen Mok, Faye Wong BK It HI Shabnam Melwani-Reis VI H9 ftflUtfJrW* M &kH I Who are the people behind the who's who party •CKSf i j of the year? ':yflj O82 words
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GREATER CHINA/INDIA
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363 2005-04-18 19 Reuters [BEIJING] The latest showdown in China and Japan's long-running feud over gas-rich islands has further frayed already strained ties between the two, but oil experts say the spoils may not match the intensity of the fight. Natural gas reserves inReuters - 363 words
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Article, Illustration1406 2005-04-18 19 JACKSON LO - CHINA INSIGHT The Republic should harness its strengths to position itself as bridge of the China-India divide, says JACKSON LO JACKSON LO WHEN two of the world's fastest-growing economies meet, everyone watches in anticipation. With Chinese Premier Wen Jiabao's historic visit to India this month,AP - 1,406 words
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461 2005-04-18 19 Sales of big ticket consumer brands rising rapidly in rural India Reuters [MUMBAI] Fast-growing consumption in India in the past decade has been driven largely by the urban middle class, but there's a rising middle class in rural India, too, and the marketingReuters - 461 words
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Page 19 Advertisements
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Advertisement99 2005-04-18 19 ITTI A 1• 1 i, A Presented Diners Club Credit Card to**,**64l6 0980 Where to wine, dine and entertain... usive privfle £s Treats 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 1 Grand Shanghai99 words
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Advertisement18 2005-04-18 19 TI7V7 Cl7aiT7T< VV r ImTw li ii# PooUide, level A, above Tanglin Mall. Reservations recommended, "bk 6831 4373.18 words
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Advertisement63 2005-04-18 19 flavours of India North Indian cusine come* to Marina Bistro onjoy a full menu. including tandoor favourite* prepared by our specialty chef. Try our great value »et menu* from $15.80 For lunch only Call 869 2299 for re*ervation» RAFFLES MARINA 10 Tbas West Dnve *****04 Tel: 6861 8000 Fax 686163 words
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Advertisement112 2005-04-18 19 v to oim per Üb<« with I of $76 onwards. .N H MERITUS MANDARIN SINGAPORE AUSTRALIAN GOURMET WINE ADVENTURE 1 -30 April2oos Savour choicest delicacies whipped up by gourmet chefs and W indulge in a variety of exotic Australian seafood, meat, fruits and vegetables prepared in Western, Chinese and local112 words
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ASIA-PACIFIC/WORLD
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507 2005-04-18 20 SAIC joins the list as talks with bankrupt MG Rover collapses over loan question AP [SHANGHAI] As they shop overseas for resources and assets lacking at home, ambitious Chinese companies are learning the pitfalls of trying to build overseas empires. They've acquiredAP - 507 words
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238 2005-04-18 20 AFP [SEOUL] Negotiators from South Korea and Singapore have initialled a free trade agreement (FTA) which will likely take effect in the second half of this year, the foreign ministry said here yesterday. The pact, which was inked in Singapore last Saturday, willAFP - 238 words
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Article, Illustration241 2005-04-18 20 Bloomberg [NEW YORK] Billionaire investor George Soros spun off his global buyout business, completing a reshuffle at his US$l2.B billion money management firm. Towerßrook Capital Partners LP, which has US$l.3 billion under management, will be created out of Soros Fund Management LLC,Bloomberg; AFP - 241 words
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200 2005-04-18 20 AP [VATICAN CITY] Cardinals had a few last hours to confer with aides yesterday or pray with the faithful before they had to check in at a top-security hotel in Vatican City, where they will be sequestered in secret sessions in the SistineAP - 200 words
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Page 20 Advertisements
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Advertisement285 2005-04-18 20 Hm m (or French Fine Dining Since 1991 83, Duxton Road, Singapore *****0 Restaurant Tel: 6327 8318 Bar Lounge Tel: 6327 5401 Email: theeagle@laigledor.com.sg The Eagle at Duxton Pte Ltd earners in your properties, through Classified section .'jjj 3 minut* i |HHi"~* aaai| te I* w....», j*i i '"Mutes 1285 words
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WORLD
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417 2005-04-18 21 Boosted by strong growth in Europe, higher shipments of notebook PCs Reuters [SAN FRANCISCO] The worldwide personal computer market grew more than 10 per cent in the first quarter, fuelled by strong growth in Europe and healthy shipments of notebook PCs,Reuters - 417 words
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Article, Illustration186 2005-04-18 21 Reuters [DUBLIN] It took 10 years and a spell in prison, but rogue trader Nick Leeson the man who broke Barings Bank has finally found a new home for his financial skills: an Irish football club. Ireland's Galway United have appointed Mr Leeson as theirReuters - 186 words
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659 2005-04-18 21 Reuters [SAN FRANCISCO] When Intel Corp reports firstquarter financial results next Tuesday, investors will be asking how the world's largest chipmaker aims to grow beyond the confines of the personal computer. The earnings report is scheduled to be released exactly forty years from whenReuters - 659 words
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Article, Illustration327 2005-04-18 21 Bloomberg [LONDON] British Prime Minister Tony Blair's Labour Party is leading the opposition Conservatives by between one and 10 percentage points, according to five newspaper polls published with 18 days to go before the general election. An ICM Ltd pollBloomberg; AP - 327 words
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300 2005-04-18 21 Reuters [CHICAGO] Motorola Inc is betting consumers will pay to have it both ways, gaining control over the content on their car radios and the flexibility of taking their music with them on their cell phones when they turn off their engines.Reuters - 300 words
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Page 21 Advertisements
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Advertisement486 2005-04-18 21 Central Electricity Board x REQUEST FOR PROPOSAL (RFP) OUTSOURCING OF CEB TREASURY RISK OPERATIONS AND FUNCTIONS Document No. FIN/2519 About the Central Electricity Board (CEB) The Central Electricity Board (CEB) is a parastatal body wholly owned by the Government of Mauritius and reporting to the Ministry of Public Utilities. Established486 words
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Advertisement413 2005-04-18 21 APOLLO ENTERPRISES LTD SUPPLEMENTAL NOTICE OF 37 th ANNUAL GENERAL MEETING Date: 14 April 2005 To Members of Apollo Enterprises Limited Dear Shareholders 37™ ANNUAL GENERAL MEETING We refer to the Notice of the Annual General Meeting ("AGM") of Apollo Enterprises Limited ("the Company") dated 1 4 April 2005 relating413 words
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Page 21 Miscellaneous
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Miscellaneous199 2005-04-18 21 CRYPTIC CROSSWORD it's a blow! (4) 2 They may be conscientious, Such a decorator is not con- YESTERDAY S SOLUTION but they're not yes-men (9) cerned with external appear- Across: 1 Officiate, 8 Parent com--3 Be entitled to credit (5) fu i, u pany, 11 Erect, 12 Ether, 13 Vouch,199 words
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AVIATION
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714 2005-04-18 22 Reuters [NEW YORK] Large US airlines, haemorrhaging from competition at home, are looking at routes halfway around the world to stop the bleeding. As the industry struggles with its worst crisis in years, US carriers are focusing on Asia mainly ChinaReuters - 714 words
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377 2005-04-18 22 Mandelson told to clarify if EU is ready to continue talks under Jan 11 pact Reuters [WASHINGTON] The United States pressured the European Union to say it would not provide civil aircraft manufacturer Airbus with new government loans while the two sides continue negotiationsReuters - 377 words
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165 2005-04-18 22 Bloomberg [CALGARY] Air Canada, the country's biggest airline, and the union representing 229 baggage handlers the carrier planned to fire at nine airports failed to reach agreement on the job cuts, a spokesman for the workers said. The International AssociationBloomberg - 165 words
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Article2026 2005-04-18 22 CITY FLIGHT ITA FLIGHT HO Da Nang MI633 2255 MI633 1425 ng AF8087 1850 SQ5024 2255 SQ5024 1425 Adelaide AF8087 850 Darwin AFB087 1850 OF8 1850 BA7381 1850 —1559 QF81 1850 Aimttrdam SQ323 0620 AZ3993 2255 g— a„ MISS6 OOOS A23S92 1450 KL838 2255 D v2,026 words
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Article, Illustration544 2005-04-18 22 AFP [BEIJING] After having been in business for just a month, China's first pri-vately-owned carrier Okay Airways has been forced to recognise that local regulations do not allow a truly low-cost carrier. Passengers are having a hard time to spotAFP; AFP FILE PHOTO - 544 words
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431 2005-04-18 22 AP [WASHINGTON] Two coming government reports will show the quality of screening at airports is no better now than before the Sept 11 attacks, according to a House member who has been briefed on the contents. The Government Accountability Office the investigative arm §fAP - 431 words
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SHIPPING
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Article, Illustration557 2005-04-18 23 HK's Q1 volumes inch up 1.4% against 13% gain in Singapore Reuters Bloomberg [SINGAPORE] Hong Kong's port operators handled fewer containers than Singapore in the first quarter, keeping the Republic the world's busiest port since February when it first overtookReuters; Bloomberg - 557 words
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240 2005-04-18 23 Bloomberg [HONG KONG] Cosco Pacific Ltd, the worlds fifth-biggest port operator, said it has formed a 4 billion yuan (SsBoo million) venture to build and manage a container terminal in southern China, as the country's growing trade increases demand forBloomberg - 240 words
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Article, Illustration566 2005-04-18 23 DONALD URQUHART - By DONALD URQUHART [SINGAPORE] Take delivery of cargo and release the container boxes fast or face "sharply higher" storage charges. That is the latest warning by transpacific container lines to their US customers because of the impact ofFILE PHOTO - 566 words
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430 2005-04-18 23 Up to 12 lines plan listing to fund expansion Bloomberg [NEW YORK] Nasdaq Stock Market Inc said as many as 12 shipowners plan to sell shares to the public this year on the New Yorkbased market, seeking to finance purchases of vessels to take advantageBloomberg - 430 words
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179 2005-04-18 23 Bloomberg [JAKARTA] PT Berlian Laju Tanker, Indonesia's biggest shipping company by market value, plans to spend as much as US$35O million within a year to add to its fleet, the company said in a statement published in local newspapers. The company plansBloomberg - 179 words
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Article313 2005-04-18 23 SGX '000 Apr 15 SS W- Vol CH Offshore .0.36 -0.01 364 Chuan Hup .0 72 -002 883 Cosco Corporation 1.77 -0.06 4474 CWT Distribution .0.63 unch 0 Ezra Hid® 127 -0.06 1005 Freight unlcs 0.08 0.01 34 Grand Banks Yad* 1.01 unch 0 Java Holdings 106 -0.01313 words
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351 2005-04-18 23 Bloomberg [LONDON] Oil-tanker rates will fall as much as 43 per cent in the next two years from records in 2004 as the world fleet expands, said Magnus Fyhr, shipping analyst at Houston-based Jefferies Co. Revenue, minus costs such asBloomberg - 351 words
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Advertisement37 2005-04-18 23 HMjjl I I B Lianhe Zaobao m I Enterprising I I Wenzhou I I businessmen I I go for I I high I I. I I investment I I /miHi iS A.i 2 A. I I I37 words
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Article10943 2005-04-18 24 STRAITS TIMES INDEX STOCKS Stock name Wt Clot* Chang* Stock nam* Wt dOM Chang* Stock nam* Wt dot* Chang* Allgreen 50c 0.31 1.170 ->0.010 Haw Par Corp 0.48 5.400 +0.100 SPH20c 5.05 4 480 -0 040 Ascendasreit 1.00 2.010 -0.010 Hyflux5c 0.35 3.460 -0.160 STEngglOc 1 79 2.46010,943 words
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Article6199 2005-04-18 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES to local out to Si to UlS yr dy yr ay %yr Apr index Chang* Chang* Chang* Chang* Chang* Chanp* The World Inden Preliminary 8396 0.9 1.5 -0.6 19 -06 -3.3 t f AF i Preliminary 786 7 .4 18 0 7 -0-66,199 words
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Advertisement2162 2005-04-18 26 I TO USA/CANADA I I EXPORT I 1 OTHER DESTINATIONS I I VESSEL I VOT I PKG ETA«N|IONG»EAOI|PAms| HOUSTON MEMPHIS IotKAGOI NEW YORK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) OOCL ROTTERDAM 11E16 19/04 20/04 06/05 12/05 13/05 11/05 11/05 14/05 yjssa VOY ETA SIN PKG «i~~| me JYO |MB AOl OOCL2,162 words
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Advertisement873 2005-04-18 26 !»ntiia«u nono smviq VBSa/VOT MMPqcp HBGHTWI PKC KH KB I SW I JKT STRAITS VENTURE 01/05 IS 3.2 11/04 13/04 STUITS YBfIUK M/ 05 15 3.7 2Z/04 01/05 03/05 05/05 STIATO VEHTUft 31 30 4.K 73/04 75/04 77/04 AUSTKALIAH tOtO SBKVICI 1 VtSSa/VOT |MMFptT)|HBGHtW)| K» a |K1 MB STP MB.873 words
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Page 27 Advertisements
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Advertisement1227 2005-04-18 27 —-V^ SMIL'S;. MOl Combines a range of shipping modes to ensure timely, rslioble services covering major ports in Norm America, Europe, Japan, Asia, Africa Oceania. Abo accept Intra-Asia Cargoes to: BUS AN KWANGYANG SHANGHAI YANTIAN XIAMEN QMGOAO BiLAWAN J JAKARTA SURABAYA KAOHSIUNG BANGKOK lAEM CHAiANG HOOffIIUNH PAS« GUDAMO PfItAMC POUT1,227 words
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Advertisement1313 2005-04-18 27 VESSEL YOY SIN JKT HKG I KHHI INC KYH WIS VESSEL TOY SIN JKT SUB HKG USN PUS HY VLADIVOSTOK IS7S 14/4 16/4 21/4 23/4 2S/4 27/4 27/4 KMTC SPOKE SMS 24/4 27/4 78/4 3/5 7/5 »/S HYPKO6KESS 094S 21/4 23/4 21/4 30/4 2/5 4/S 4/5 KMTC SHANGHAI SMS 1/51,313 words
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Advertisement756 2005-04-18 27 m WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VtSStl VOT St PJOANC ((XOWO USHtVA COLOMRO w-gw-wm-w-H--lAJIY fiAHDHI Xm 23 ATI 26 Aft 2LAO QUUi KM JW J2BKL i2M_ _filM SUM IAJJAI IIMI PAOfIC QUEST 0006W 10MAT 11 MAY 14 HAY 17 MAY 20 MAY756 words
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Advertisement794 2005-04-18 28 IAUf WALLENIUS WILHELMSEN website: http://www.2wglobal.com VtSSti VOY RAMP LIC ~MAO~ HOU« ~MIA SAV lAI OtIF NYC NIW MOB TAMPIRE ALSI2 400fcm 6.3 M I 02/0S 09/06 13/06 16/06 14/06 TAMPA AFSII 420 Tons 6.4 M OS/OS 30/05 09/06 1 3/06 17/06 15/06 19/06 TARAGO AFSI2 320 Tons 6.4 M 13/05794 words
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Advertisement1473 2005-04-18 28 VESSEL VOY SIN PCU XQI SM JD Pi( UNDI 1449N 16/04 17/04 P4C lill 17/ M 20/ M PACIAWPA I™? 17/04 Pit mum JHS U/fi4 2144 CSF 230) 0108F 17/04 l»/04 JSWLI4U 1113 24iM 11M PAC »AWDA 14S0N 17/04 11/04 PAC BANDA 1451N PAC lAWPA 1452W 20/04 21/04 VBSQ VOY1,473 words
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Advertisement636 2005-04-18 28 BSA -L MYANMA ■H FIVE STAR LINE (Myamnar National Una) Loading for Yangon VESSEL VOY SIN PKI KM PGU PAGAN 341W SID HPA-AN J37W SU) IN MAUYSIA: lOUSTEAO SHIPPING AGENCIES KUL/PKL: 03-300St3M PEN: 04-*****1S MkHi ACCEPTING CONVENTIONAL C6O VESSEL VOY HKG SM PGU PU KIK YUSHO PRINCESS 3 SU> SU)636 words
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Advertisement1352 2005-04-18 29 m /I f\ Spore Agents lAL Shipping Aoeocy (S) Pie ltd (CR NO: 16S*****000Z) \W\ (I I 180Cealitreet, #11-03 Bonokok Bonk Buildiog Singapore *****6 crnterasia JL,ines m fax *****433 w*mu: www.iaier«iaiiae».c« SUPER EXPRESS SERVICE TO HONQ KONQ JAPAN VESSEL [VOT O$K KO» SMZ TTO YOK HK6 PKL SGP WSa Wl1,352 words
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Advertisement1102 2005-04-18 29 /~J~ I lIVI CO MAIN:TIL-62)1-1333FAX: 6221-527? I /|7 rUfa LI 111 CO MCBkTnßfnnt CUSTOM StUVKtHL: 6221-5596 FAX: 6227-8190 I /€mJ€J\ SINGAPORE: TONG JOO SHIPPING PT! LTD ONft *****M00WC E t hllt H' 8l l"— l l www.plzlMS.coa I MWmm COWTMWMWmWiqS FtOM HM, POtt KUUW, MSUI WWUW TO ■AUTB*. WWII, ■TMMUI1,102 words
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Advertisement348 2005-04-18 29 Liner breokbulk servi<e S.E. Asio USA vice varto SPECIALISE IN HEAVY LIFTS A PROJECT CARGO 10NGANG OwHwtw. MV INOUSTRIAI CENTURY 24/04 Moot. Tokahm. Lmj Iwdi/ StocktM, VmnMh, oftur ports M Mmwl swgatom p«*w*O» MV MOUSINAI CHARGER 2S/05 Mnw, TokakoM. lM| iMdi/Stadrtav Vmmk Houston. Othtr parti on MkmhM. Others ports in348 words
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Advertisement688 2005-04-18 29 275iri720/04 2r28/04 03^4/058 ■PfffMl TIGER SEA 27&N 22 23/04 29-01/05 06-07/05 ■Mttltfll HGER SKY 277N 26-27/04 03-05/05 10-11/05 I TIGER WAVE 278S 29 29/04 FOR DISCHARGING ONLY I ■IIiMMIH ERIC GIBSON Oli 30-01/05 06-08/05 13 13/05 TIGER PEARL 279N 03-04/05 10 12/05 17-18/05 KirmTKiWriGasHßiT 10? 23-24/04 29-01/05 06-07/051 MRRIRWPHUTAN 314688 words
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THE BUSINESS TIMES SHIPPING TIMES
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7443 2005-04-18 30 +W W£m*% w nm.. I 1111 "hpiii o »»wii 1 m iw.'iiii nnmnj ipiiiiii'Hii wwnii hi im in pi n 111 mil niiiiumwn 1 mwiiniiiii 'iliumimwwiiipiwiihimil'11ipiiiiiiiiiiiiiiiiiiiiiwfiiiiwiiiwwiwwwww«HWHww»wwwwwwBwwwwwwwwi«wwwwiiwwiiiwwwiiiiiiiwwiiwiiiw 1 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number7,443 words
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BizIT
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Article, Illustration688 2005-04-18 31 AMIT ROY CHOUDHURY - BT exclusive New strategy following revamp will see a bigger push in consumer market of NEC brand rather than Packard Bell, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY Following a toplevel reorganisation that includes a revamp of its Asia-Pa-cific operations, NEC Corp now688 words
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231 2005-04-18 31 ROLAND LIM - By ROLAND LIM HOMEGROWN open-source software developer Resolvo Systems is going places in the Linux world. In its latest breakthrough, Linux major Red Flag Software Co has licensed a software migration application developed by the Singapore firm and made it part of its industry-topping Linux231 words
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<what's up>
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Article54 2005-04-18 31 LG ELECTRONICS Inchas strengthened its presence in Singapore with the opening of a 20,000 sq ft LG Service Centre and the LG Aircon Plaza. It has also incorporated a fully-owned subsidiary, LG Electronics Singapore Pte Ltd. The South Korean electronics giant is targeting Singapore sales of54 words
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Article52 2005-04-18 31 SINGAPORE Computer Society re-appointed Lee Kwok Cheong, chief executive of NCS Pte Ltd, as president at its recent annual general meeting. The 22,000-strong society also welcomed 12 council members appointed from the public and private sectors as well as academia. Visit www.scs.org.sg for the full list of52 words
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Article83 2005-04-18 31 NETWORKING giant Cisco Systems will hold its Cisco Systems Security Summit 2005 and Showcase 2005 in Singapore from April 21-22. Supported by the Singapore infocomm Technology Federation (SiTF), the Security Summit will showcase new security products. The exhibition will feature 30 booths, with vendors such as IBM83 words
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60 2005-04-18 31 ECQUARIA Technologies, a homegrown enterprise business software provider, has set up a Business Process Management lab in Temasek Polytechnic. In addition, Ecquaria will provide free training, technical consultancy and industry attachment opportunities for students from the school. The polytechnic said it will integrate Ecquaria's60 words
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Article66 2005-04-18 31 THE SEA Smart Payment Card Forum will be held here on April 28. The forum, organised by the Asia Pacific Smart Card Association, is targeted at bank and credit card issuers and acquirers in Singapore and South-east Asia. Payment card experts will discuss countermeasures against fraud66 words
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82 2005-04-18 31 ROLAND LIM - Compiled by ROLAND LIM ENTERPRISE software vendor Mercury has appointed three industry veterans to newly created management positions in the Asia- Pacific regi on. Wong Hwa Cheong, former managing director of BEA Systems for South Asia, has joined Mercury as its Asia-Pacific application management director.82 words
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Article, Illustration299 2005-04-18 32 ROLAND LIM - By ROLAND LIM HEWLETT-PACKARD has beefed up its high-end photo printing offerings with the launch of the world's first nine-ink photo printer, the HP Photosmart 8750, which is targeted at professional and advanced amateur photographers. Elaborating on the huge potential of this market,299 words
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Article, Illustration676 2005-04-18 32 RAJU CHELLAM - First global grid computing index ranks S'pore among top countries in readiness and capacity to adopt the emerging technology. RAJU CHELLAM has the details RAJU CHELLAM SINGAPORE, Malaysia and Thailand have been ranked near the top in their readiness and capacity to adoptSource: Oracle Cap & Quoara Ltd - 676 words
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253 2005-04-18 32 GRID computing technologies will be part of Oracle Corp's next major set of solutions called Project Fusion that's scheduled to be released in 2008. However, many of the core Fusion building blocks will be sewn into the next release of the Oracle E-Busi-ness Suite,253 words
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<what's new>
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67 2005-04-18 32 PROJECTOR specialist InFocus has released the InFocus ScreenPlay 7210, its latest home theatre projector targeted at high-end home theatre enthusiasts. The projector features a 2800:1 contrast ratio, brightness of 1400 lumens and a Carl Zeiss lens. It also features the new DarkChip3 DLP technology from67 words
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Article, Illustration85 2005-04-18 32 SONY Singapore has announced that it will release its much-anticipated Play Station Portable (PSP) here on May 5. The PSP is a popular portable gaming device that was first launched in Japan in Dec 12, 2004. Originally slated for release at85 words
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73 2005-04-18 32 SAMSUNG has released another clamshell phone the tri-band SGH-X4BOC. The phone features an "Emoticon Box", which allows a person to use a range of symbols to express his or her feelings via SMS or MMS. Weighing only 75g, the SGH-X4BOC features a 12873 words
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Article82 2005-04-18 32 MSN has updated its instant messenger software, MSN Messenger, to version 7.0. New features include more personalisation options with Winks, which pops up a graphic animation in the messaging window, and Dynamic Display Pictures, which allow users to create a customised picture. A handwriting function allows82 words
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Article, Illustration97 2005-04-18 32 FANS of Real Madrid here are in for a treat they are the only ones in the world to be able to get their hands on the Siemens limited edition M 65 Real Madrid mobile phone. Fans here can get their kicks from the pre-loaded97 words
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Article71 2005-04-18 32 PALMONE has launched the Tungsten E2, the successor to its Tungsten E personal digital assistant that has sold 1.5 million units worldwide. Priced at $418, the Tungsten E2 features a high resolution 320x320 pixel display, and 26M8 of usable non-volatile flash memory that will retain71 words
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Article, Illustration93 2005-04-18 32 ROUND LIM - Compiled by ROUND LIM CREATIVE has released two new webcams the Web Cam Live! Ultra and Web Cam Live! Ultra for notebooks. Both feature USB 2.0 compatibility which can support video display rates twice as fast as USB 1.1, and a wide-angle lens which is 5093 words
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Page 31 Advertisements
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Advertisement143 2005-04-18 31 1 ■thJUNE2oosSingapore RISK, COMPLIANCE AND COMPETITION MANAGING THE COST Corporate Executive Programme This programme is exclusively for ClOs, CISOs, CFOs, CMOs, CEOs, Company Secretaries, Group Heads, and Executive Directors and limited to 50 attendees. Featured speakers include: Dr. Sally Leivesley, CEO, Newßisk Ltd. will lead the group in discussions about143 words
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Advertisement67 2005-04-18 31 O fnt-entfa the intelligent choice Feeling boxed in, struggling to maintain a profitable position in the supply chain? Elntentia's distribution solution can help you optimize your operation and make it strategic channel for products UPh and services. i Intentia Asia Pacific Pte Ltd ft 8 Cross Street #12-05/06 PWC Building67 words
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Advertisement85 2005-04-18 32 1 l' 1 ,-„.f Trusted ePlatform Services Welcome to Advantech Solution Day! Insights into emerging technologies, market trends product roadmaps Access to worldwide resources readily-available ePlatform solutions Industry networking business link up Application story sharing discussion Advantech Singapore Solution Day Date: 4 May 2005,9:00 am 4:oopm >J. Venue: Raffles City85 words
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Advertisement9 2005-04-18 32 NEC strategy Company unveils aggressive plans for Asia-Pac PG3I9 words
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