The Business Times, 20 May 2005
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2005-05-20
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The Business Times
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Title Section17 2005-05-20 1 THE BUSINESS TIMES SINGAPORE 85 cents Friday, May 20,2005 online at http://biisiness-times.asia 1 .com.sg MICA (P) 069/03/200517 words
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Article, Illustration571 2005-05-20 1 ALEXANDRA HO - BT exclusive It'll bring in top acts if it wins bid for integrated resort By ALEXANDRA HO in Las Vegas THE likes of Celine Dion and Elton John don't drop by Singapore often. But that could change if Harrah's Entertainment gets to build integrated resorts571 words
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909 2005-05-20 1 TEH HOOI LING - BT exclusive Some analysts think so, but studies also show dividend plays have a life of their own By TEH HOOI LING [SINGAPORE] Investing in high-yield stocks has paid off handsomely in the past 12 months. Dividends may have accounted for as much909 words
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Advertisement14 2005-05-20 1 CREATIVE AWARDS Ogilvy Mather tops SPHlnkAwards Kit p j Hil kl I HM| Via14 words
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Advertisement81 2005-05-20 1 HOUSTIC ENTERPRISE nJiJ Make money and IT Access toßTChiline is after 6pm ea(h day. But prirrtsubscribefs can news anytime. Call 6358-383S to subscribe and activate your ooSoe account IM %0y^' x i% m m v «i I d iXWllHy *f| I. j >; «Ji^ I AHOY A BIG DATE? ■^Sfer''81 words
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Advertisement9 2005-05-20 1 i *-%%j i COMMENTARY Don't be hasty about PG49 words
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TOP STORIES
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520 2005-05-20 2 CAROLYN QUEK - Rule that 50% be from non-gaming not mentioned in latest documents: reports By CAROLYN QUEK [SINGAPORE] Casino operators have welcomed what they see as a move by the government to show flexibility in terms of how much the gaming component of an integrated resort (IR)520 words
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Article, Illustration557 2005-05-20 2 DANIEL BUENAS - INTEGRATED RESORTS They disagree with Steve Wynn's view of too much official control By DANIEL BUENAS [SINGAPORE] Some rival casino operators bidding for Singapore's integrated resorts have said that they disagree with recent claims by casino mogul Steve Wynn that the government557 words
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618 2005-05-20 2 SIOW LI SEN - Office will be UK firm's first such operations in Asia By SIOW LI SEN [SINGAPORE] Barclays Private Bank has opened its first Asian booking centre in Singapore, to plug into the fastest growing private banking market in the world. A booking centre618 words
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Article713 2005-05-20 2 Sweden's Radi plans S'poraregional HQ SWEDISH medical technology firm Radi Medical Systems has set its sights on Singapore for its Asia-Pacific headquarters, and is considering whether to move its manufacturing operations to the island as well. This was revealed at a dinner for business figures in Sweden and713 words
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Article413 2005-05-20 3 S JAYASANKARAN - Businessman and Putrajaya developer sign deal to build facility By S JAYASANKARAN in Kuala Lumpur PLANS are afoot to bring Haileybury, a prestigious English boarding school, to Putrajaya, Malaysia's administrative capital 30 kilometres south of Kuala Lumpur. In a unpublicised ceremony yesterday morning, Petra413 words
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Article138 2005-05-20 3 Dsn 2,167.27 (+13.62) ST INDEX FUTURES 2,168.00 (+16.00) siMsa 256.65 (+1.69) SIMSCI FUTURES 256.70 (+1.80) MARKETS Thursday Change KLSECOMP 887.47 +1.10 NIKKEI 225 11.077.16 +241.75 HANG SENG 13.698.93 ->-71.92 SET INDEX 676.54 +4.35 JAKARTA COMP 1.045.46 +5.20 MANILA COMP 1,893.09 +13.70 SEOUL COMP 952.09 +21.73 SHENZHEN B 232.62138 words
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Article552 2005-05-20 3 CHEN HUIFEN - Medical technology firm may also shift manufacturing operations here By CHEN HUIFEN in Stockholm SWEDISH medical technology firm Radi Medical Systems has set its sights on Singapore for its Asia-Pacif-ic headquarters, and is considering whether to move its manufacturing operations to the island as well.552 words
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Advertisement163 2005-05-20 2 $w* ij^^s^l 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 forefront of corporate and financial trends in China and lead the field in foreign direct163 words
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Page 3 Advertisements
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Advertisement84 2005-05-20 3 Rosewood/Blackwood 4 Doors Drawers Display Cabinet (70") fT *v*^ Sofa Set Flower Cases JIAYI FURNITURE PTE LTD. 298 Rlvsr Vallsy HomI 8(*****83 loop. Aspwi IMghts) W: 8736 2708 (Free Deli very) Mmi ftfc 1830— IMpjlB 8 Mfc If J!— IJHWi Our Client is a fast growing established College of Nursing84 words
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COMPANY NEWS
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Article, Illustration365 2005-05-20 4 VEN SREENIVASAN - Two former top execs of OCBC Securities, DBS-Vickers Securities switch places By VEN SREENIVASAN THERE has been some movement in local stockbroking houses in recent months, including a "musical chairs" job swap involving top-level executives at two local brokerages. Leong Mun Wai, who365 words
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487 2005-05-20 4 MICHELLE QUAH - HOCK LOCK SIEW By MICHELLE QUAH THERE is growing haste to remove chief executives who fail to deliver strong results in the first few years of their tenure, a global study has found. And interestingly, Asia topped the charts when it came to changing487 words
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Article, Illustration408 2005-05-20 4 Rise attributed to short-term traders riding on Oei's move IPC Corp shares surged 29 per cent yesterday on news that tycoon Oei Hong Leong has emerged as a substantial shareholder of the company. IPC shares closed 3 cents higher at 13.5 cents on408 words
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Article, Illustration354 2005-05-20 6 LIZA LIN - Net profit hits record $18m as revenue soars 46% to high of $186m By LIZA LIN RIDING on increased turnovers from China and Singapore, integrated supply chain provider Mentor Media posted record revenues and profits for its full year ended March 31. Its revenue354 words
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363 2005-05-20 6 Group looking at India, Indochina opportunities THAKRAL Corp's earnings fell for the full year ended March 31, 2005, on flat revenues and lower profits from property development The distribution and trading group posted a net profit of $18.5 million for the year, down 18363 words
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300 2005-05-20 6 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY SINGAPORE Telecommunications' Internet arm, Sing Net, announced yesterday that it is launching a trial with Republic Polytechnic to enable its students to have an island-wide wireless campus. Sing Net will provide its outdoor wireless surf (OWS) service to 300 student300 words
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Article, Illustration320 2005-05-20 7 CHLOE CHOY - Project part of Myanmar's preparation for Asean meeting By CHLOE CHOY SESDAQ-LISTED CNA Group is to help improve and expand Yangon International Airport in Myanmar in a US$lO.6 million contract, as part of the country's preparations for the Asean summit meeting next year. CNA320 words
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355 2005-05-20 7 Bloomberg SHARES of Mobile One Ltd, the smallest of three Singapore cell-phone service providers, rose to a record as investors turn to companies that offer higher dividends amid concerns economic growth is slowing. The government said this week Singapore's economy shrankBloomberg - 355 words
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217 2005-05-20 7 MICHELLE QUAH - By MICHELLE QUAH THE court case involving two daughters of the late tycoon Khoo Teck Puat has been adjourned for a second time. It was adjourned yesterday until June 2, having previously been adjourned from May 10 to May 18. Jacqueline Khoo, 42, and Elizabeth217 words
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382 2005-05-20 8 KALPANA RASHIWALA - Group also releasing another 160 units at River Gate condo By KALPANA RASHIWALA CAPITALAND is officially launching Tanglin Residences freehold condo in St Martin's Drive this weekend at an average price of $1,350 psf, marking the start of an advertising campaign. It has sold nine of382 words
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Article, Illustration142 2005-05-20 8 VINCE WEE - By VINCE WEE KEPPEL Corp's core values dovetail with that of the Uniquely Singapore Clipper project and the opportunity to spread that around the world has spurred the local conglomerate to come on board as the third race partner after Sentosa Leisure Group and PSA Corp.142 words
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Article, Illustration377 2005-05-20 8 'S'pore market is moving but not as fast as in region' Bloomberg CITY Developments chairman Kwek Leng Beng said he expects Singapore's home prices to rise 20 per cent to 30 per cent in the next two to three years asBloomberg; FILE PHOTO - 377 words
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Article34 2005-05-20 8 UNIT TRUSTS FUNDS LEGEND:All prices are indicative;Broadly Diversified; Narowly Focused;$ 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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Advertisement45 2005-05-20 4 m Bfl Afc i sj:l&' ;«-J iwl •J*' A fl i^W*^!s^rjj *in iii r r jfl Mko., ---vSr %*■&*&->■ H .^^K^lMi^V^mml^Hlr M I If If J b^v';*j^J jIT i a pMWPiiBM)BB^., y% "T jUL^J tl/ .(Ttfr Hfc^ l*s rtrtTmaihcWawMioflnlsli:lw, ttopartedacwe Mzuno" Paragon. Everyone's a winner. *$*Bmlfl&^^45 words
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Advertisement127 2005-05-20 5 mmm '^15| h- B fi L. V E (l R E as seen from the The THE BELVEDERE. YOUR BEST VANTAGE POINT FROM THE MOST EXCLUSIVE PRIVATE ESTATE IN THE EAST. Picture breathtaking sea views and park greens, at every waking moment. Absolute convenience, at any time. Quality family living,127 words
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Advertisement1729 2005-05-20 6 I KBC Bank N.V. I (Incorporated in Belgium) I I Consolidated Annual Accounts As At 31 December 2004 I Balance Sheet After Appropriation Profit Loss Account jl Bassets Dec3l, Dec3l, 2004 2003 2004 2003 in thousands of EUR B in thousands of EUR B Interest receivable and similar income 8,213,9311,729 words
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Advertisement129 2005-05-20 6 ■HHHgMr RPITI I warmly welcomes distinguished guests to <- ;f pAlliffini Forum Singapore 28^2001**} ingapore $J kj fc' ;s jsts'-v* &'*B£ 1 I; JjfV- »j§3jMp= "'f 'i \S'. ■HK|P' Ka, -i».L' a^^gP\V^re- < h j AFusionof Ideas, Cultures Opportunities ip<X)@iized worldwide for its innovative leadership *'fill' V'- every major discipline.129 words
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Advertisement506 2005-05-20 7 Call toll-free 1800 289 8822 |^BMll^OtlCM®Bp^COmjS^^ IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF MFSL LIMITED (In Members' Voluntary Liquidation) Reg. No. *****0296H NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final506 words
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Advertisement13 2005-05-20 8 PIMGO Emerging Markets Bond Fund rated 5-star by Mercer Investment Consulting en,!! f!!e'fors13 words
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SINGAPORE MARKETS
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Article, Illustration516 2005-05-20 9 R SIVANITHY - STOCKS Nasdaq's recent gains put tech stocks in play; new listings also see some recovery R SIVANITHY Senior Correspondent AFTER dropping for four consecutive days during which it lost 28 points, the Straits Times Index yesterday bounced up 13.62 points to 2,167.27 in response toSource: Bloomberg - 516 words
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TRADES TO WATCH
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446 2005-05-20 9 MAINBOARD-LISTED pharmaceuticals company. AsiaPharm Group yesterday reported that its executive chairman Liu Dianbo had increased his deemed stake in the company by 0.28 per cent, and now holds a deemed 52.30 per cent of the company's issued share capital. Mr Liu's stake went up446 words
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66 2005-05-20 9 DANIEL BUENAS - Compiled by DANIEL BUENAS DRAKA Holding has become a substantial shareholder of Sesdaq-listed Oakwell Engineering with a deemed stake of 29.9 per cent. Draka has entered into a sale and purchase agreement dated May 10 with G W Group (Holdings) and V Plus66 words
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Article, Illustration425 2005-05-20 9 OTHER SINGAPORE INDICES May 19 VALUE CLOSE BT OB/OS -253.00 +65.00 BTCADI -*****.00 +54.00 BT 10-day MA -*****.00 -25.00 All-SG Equities 554.39 +3.50 SG Equities Elect 134.11 +0.44 SG Equities Fin 1627.21 +3.06 SG Equities Prop 542.95 -0.99 SIMSCI 256.65 +1.69 SiMSCI Futures 256.70 +1.80 MOST ACTIVE STOCKS VOLUME Accord425 words
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Article, Illustration780 2005-05-20 9 R SIVANITHY - Compiled by R SIVANITHY MuttiVision May 19 dosa: 18.5 cents DBS-ViCKERS. May 19 MULTIVISION is benefiting from increased spending on security and surveillance post-911, on a global basis, and has been growing at a CAGR of 33 per cent from 2002 to 2005. The company has developed aSource: Bloomberg - 780 words
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Article, Illustration507 2005-05-20 9 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent THE US dollar's recent strong gains were trimmed overnight by a tamer-than-expected US April CPI reading, and some interpreted the Hong Kong Monetary Authority's Wednesday move as a pos- sible precursor to the eventual revaluation of the ChineseSource: Reuters - 507 words
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SINGAPORE NEWS
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425 2005-05-20 10 MICHELLE QUAH - Stronger public confidence wilt help charitable sector to grow in long term By MICHELLE QUAH EVEN charitable organisations should think about raising their level of transparency and accountability not to their shareholders, but to the donating public, so as to strengthen the public's425 words
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237 2005-05-20 10 LIZA LIN - By LIZA LIN JURONG Island saw a new addition to its industrial landscape yesterday with oleo-chemical manufacturer Faci Asia Pacific's opening a 10 million fatty esters plant. The facility, the first esters plant in Asia by Italy-based chemical company Faci Group, will make237 words
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Article, Illustration391 2005-05-20 10 OGILVY Mather (O&M) clinched top honours yesterday at the inaugural Ink Awards, organised by Singapore Press Holdings (SPH) to recognise the creative talents behind newspaper advertisements. O&M won the Grand Prix prize and the only two Gold awards for an ad391 words
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405 2005-05-20 10 KALPANA RASHIWALA - PROPERTY By KALPANA RASHIWALA INCREASING competition among property buyers in the key Asian markets of Tokyo, Hong Kong, Singapore and Seoul for prime investment-grade assets has resulted in further gains in capital values in the first quarter. This has put a squeeze on yields405 words
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Article, Illustration287 2005-05-20 10 LISA TAN - By LISA TAN ROOMS that exude a touch of traditional elegance have come to signify Langham Hotels International (LHI), since its first hotel opened in London as Europe's foremost grand hotel in 1865. Today, LHI is a dynamic hospitality ownership and management company that, apart287 words
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269 2005-05-20 10 ARTHUR SIM - By ARTHUR SIM THE Nicoll Highway collapse must serve as a "wake-up call" for the construction industry, said Minister of National Development Mah Bow Tan yesterday. Speaking at the Building and Construction Authority (BCA) Awards 2005, Mr Mah said that the government is looking269 words
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441 2005-05-20 10 JEAN CHUA - BY JEAN CHUA in Jerusalem SINGAPORE and Israel yesterday updated their long standing agreement which allows citizens of either state to live in the other without having to pay taxes twice. The two countries also agreed to conclude within 30 days a trade441 words
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471 2005-05-20 10 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY SINGAPORE-BASED manufacturing companies will now have an edge over their counterparts elsewhere. thanks to the Chain Master pilot project in supply chain management (SCM) launched yesterday by the Singapore Manufacturers' Federation (SMa) and Spring Singapore (Standards, Productivity and471 words
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ECONOMY WATCH
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Article, Illustration513 2005-05-20 11 Commerce Minister slams demands for more restraints as 'double standards' AFP [BEIJING] Chinese Commerce Minister Bo Xilai said yesterday that the country will not impose extra curbs on its textile exports, rebuffing demands by the US and European Union thatAFP; REUTERS - 513 words
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115 2005-05-20 11 AFP [BEIJING] China has revised upwards the growth rate of its economy in 2003 to 9.5 per cent from 9.3 per cent, the National Bureau of Statistics said yesterday. The economy also grew 9.5 per cent in 2004, which was previous thought to haveAFP - 115 words
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578 2005-05-20 11 Reuters [NEW YORKI A decision by China to allow its currency to trade freely would help narrow the US trade deficit while giving a boost to the dollar, US analysts and policymakers argue. But that begs the question: What's in it forReuters - 578 words
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Advertisement455 2005-05-20 11 FORM 69(3) IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF PISCES LAND PTE LTD (IN COMPULSORY LIQUIDATION) Company Registration No. *****1902 D NOTICE OF INTENTION TO DECLARE DIVIDEND Name of Companv: PISCES LAND PTE LTD (IN COMPULSORY LIQUIDATION) Address of Registered: c/o Sim Guan455 words
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Advertisement237 2005-05-20 11 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KARINTINA TRADING PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cop. 50, that the Final Meeting of the Members of the abovenamed Company will be held237 words
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Advertisement651 2005-05-20 11 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF FI-RMS PRIVATE LIMITED (Co. Rag. No. *****1825 C) NOTICE OF RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING4JP (PURSUANT TO SECTION 290) At an Extraordinary General Meeting of the members of FI-RMS PRIVATE LIMITED duly convened and held on651 words
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Advertisement673 2005-05-20 11 IN THE MATTER OF THE COMPAMES ACT, CHAPTER SO AND IN THE MATTER OF VrTECELECTRONCS(SMQAPOHBPTELTD (M MEMBERS' VOLUNTARY LIQUIDATION) (COMPANY REGISTRATION NO. *****37MZ) NOTICE TO SUBMTT PARTICULARS OF DEBTS OR CLAIMS Notice is hereby given that the creditors of the abovenamed company, whose debts or claims have not already been673 words
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Advertisement1055 2005-05-20 11 #N QRT HE USf OR At Parent company of The Northern Trust Company Headquarters: 50 South LaSaMe Street, Chicago, Illinois At at Dtetmbtr 31 forth* Ymrtndtd DtotmbarSl (US$ in Millions Except Share Information) 2004 2003 (U9s in Millions Except Per Share Information) 2004 2003 ASSETS NONINTEREST INCOME Cash and Due1,055 words
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MALAYSIA/INDONESIA
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422 2005-05-20 12 Statements show major shareholders have been selling the firm's shares [KUALA LUMPUR] The Securities Commission (SC) has launched its probe into disruptive stock market price movements by delving into dealings involving Fountain View Development Bhd shares, according to a report in the Malaysian422 words
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Article, Illustration578 2005-05-20 12 Bloomberg [JAKARTA] Altria Group Inc, owner of the world's biggest tobacco company, could overtake PT Gudang Garam as Indonesia's biggest cigarette maker if it combines its two units in the country. Philip Morris International, a unit of New Yorkbased Altria, yesterday completed itsBloomberg; REUTERS - 578 words
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257 2005-05-20 12 Bloomberg [KUALA LUMPUR] UEM World Bhd, a Malaysian construction and property group, said it's interested in becoming the main contractor for the RM2.58 billion (551.12 billion) rail project that the government took over from DRB-Hicom Bhd. "Of course we are interested," UEMBloomberg - 257 words
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312 2005-05-20 12 Bernama. AP [AMSTERDAM] Malaysian Prime Minister Abdullah Ahmad Badawi said yesterday that Malaysia would not adjust its ringgit peg of RM3.80 to the US dollar for the time being, but was watching developments in the capital market closely. RespondingBernama.; AP - 312 words
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NOTE BOOK
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94 2005-05-20 12 Bloomberg [JAKARTA] Indonesia's economy may grow as much as 6i5 per cent next year, Finance Minister Jusuf Anwar said in parliament yesterday. The government expects the rupiah to trade in the 8,800 to 9,200 range against the US dollar next year, whileBloomberg - 94 words
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72 2005-05-20 12 Reuters [HONG KONG] Cheung Kong (Holdings) Ltd and Hutchison Whampoa Ltd said yesterday they had agreed to buy a property in London for HK$l.46 billion (Ss3o9 million). The blue chip conglomerates, controlled by Hong Kong tycoon Li Ka-shing, said in a joint statementReuters - 72 words
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72 2005-05-20 12 Reuters [LIMA] China State Construction Engineering, China's biggest builder, could invest up to US$l.5 billion in roads, ports and airports in Peru as it seeks to do business in Latin America, the company said on Wednesday. "China State has decided toReuters - 72 words
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77 2005-05-20 12 AFP [JAKARTA] Indonesia expects to send at least 300,000 skilled and unskilled workers overseas this year as part of efforts to alleviate massive unemployment at home, a report said yesterday. "Our economic growth this year is not expected to be strong enough to reduceAFP - 77 words
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GREATER CHINA
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595 2005-05-20 13 But analysts say it'll be temporary as three big banks raise prime rates Reuters. Bloomberg [HONG KONG] Hong Kong's red-hot property market will cool for a month or two after the city's de facto central bank modified its currency peg to deterReuters.; Bloomberg - 595 words
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298 2005-05-20 13 [BEIJING] China Construction Bank, the country's largest property lender, is offering potential foreign investors senior executive posts, board positions and joint ventures in credit cards if they take a stake in the company ahead of a pioneering overseas listing planned this year, the298 words
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Article, Illustration36 2005-05-20 13 BLACK WHITE [CANNES]Hong Kong actor Jackie Chan and Indian actress Mallika Sherawat posing at their red-carpet arrival for director Robert Rodriguez and Frank Miller's in-competition film 'Sin City'at the 58th Cannes Film Festival on Wednesday. REUTERSREUTERS - 36 words
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488 2005-05-20 13 Foreign investors see unfair competition from domestic state-owned rivals [HONG KONG] China's latest attempt to sell its banks' bad loans, an auction of assets worth 5 billion renminbi (Ssl billion), is set to draw a poor response from foreign investors angry at488 words
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Article265 2005-05-20 13 AP [TOKYO] Chinese Vice-Premier Wu Yi is urging Japan to start negotiations soon with China on a bilateral free-trade agreement (FTA), but a Japanese official said yesterday that many barriers to fair trade in China make such a deal unappealing. Ms Wu made theAP - 265 words
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Advertisement299 2005-05-20 13 EXCLUSIVE APARTMENTS An incredible opportunity like this comes along only SS. once in a lifetime. DON'T MISS OUT! Ron Your dream home in a contemporary setting right in the heart of the city has now been brought to life. An exquisite 360° view one could not Valued Location Centrally located299 words
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INDIA
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205 2005-05-20 14 AP [SYDNEY] Australia and India agreed yesterday to draft an economic blueprint that will help expand their already burgeoning trade and investment links. Australian Trade Minister Mark Vaile and Indian Commerce and Industry Minister Kamal Nath agreed at a meeting in SydneyAP - 205 words
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436 2005-05-20 14 50% cap on sale of profitable state units seen as continued obstacle [NEW DELHI] The Indian government is to kick-start its stalled privatisation programme, in a move that will lift morale among reformers struggling to impose their agenda on dissenting Communist coalition partners, according436 words
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Article, Illustration53 2005-05-20 14 [MUMBAI] A woman walking past a billboard advertising jewellery yesterday. Gold demand in India, the world's largest consumer, surged this week because of lower prices and strong wedding season demand, traders said on Tuesday. Jewellers are placing large orders and banks are running out of ready stocks,REUTERS - 53 words
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Article386 2005-05-20 14 Reuters [MUMBAI] India's secondlargest bank, ICICI Bank Ltd, in which Temasek Holdings has a stake, said yesterday it made its first foreign acquisition, buying a small unlisted Russian bank, which triggered a rally in Indian stocks. The purchase of Investit-sionno-Kreditny Bank (1KB), which had assetsReuters - 386 words
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416 2005-05-20 14 Bloomberg [MUMBAI] Tata Steel Ltd. India's second-biggest steelmaker, said fiscal fourth-quarter profit rose 44 per cent after they raised prices for Hyundai Motor Co, Tata Motors Ltd and construction companies. Net income rose to 9.08 billion rupees (***** million), or 16.42Bloomberg - 416 words
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277 2005-05-20 14 Reuters [MUMBAI] Hyundai Motor Co, South Korea's top car maker, is examining the possibility of launching commercial vehicles in India, the world's fifth-big-gest bus and truck market, an official said on Wednesday. Hyundai Motor India Ltd, a subsidiary which entered the country inReuters - 277 words
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Advertisement437 2005-05-20 14 Casual French Dining Set Lunch (<"> $16.90+ (2-course) $19.90+ (3-course) Add $1 for Gourmet Coffee/Tea Special Promotion 30% OFr Total Bill for lunch only on A La Carte menu now till 31 May 2005. 3-Course Set Dinner $38.90+ (inclusive of Fresh juice Coffee/Tea). For reservation, please call 6223 4548 66437 words
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Advertisement50 2005-05-20 14 MERITUS MANDARIN SINGAPORE FOR CHOICE With our delectable selection of local delights and western favourites served all round the clock. Enquiries: 6831 6291 I.* n..r MERITUS MANDAR|N A division of Overseas Union Enterprise Limited (Company Registration N0.*****0050E) 333 Orchard Road, Singapore *****7. Tel: 4-65 6737 4411. Fax: +65 6732 2361.50 words
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WORLD
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328 2005-05-20 15 LATEST US DATA But new jobless insurance applications dipped last week AP, Bloomberg, Reuters [NEW YORK] A closely watched gauge of future business activity fell in April, the fourth consecutive decline in a row, offering more evidence hat US economic growth is losingAP,; Bloomberg,; Reuters - 328 words
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Article, Illustration364 2005-05-20 15 The Washington Post [WASHINGTON] Federal Reserve chairman Alan Greenspan frequently urges Americans to postpone retirement and stay on the job longer. He may soon get the chance to do so himself. Bush administration officials are mulling whether to encourage Mr Greenspan, 79, to continue asThe Washington Post; AP - 364 words
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381 2005-05-20 15 AP [WASHINGTON! Federal Reserve chairman Alan Greenspan again pushed for limits on the multibil-lion-dollar mortgage holdings of Fannie Mae and Freddie Mac, saying such restrictions would not hurt the thriving housing market. Mr Greenspan, who has been pressing Congress tpAP - 381 words
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365 2005-05-20 15 NEIL BEHRMANN - By NEIL BEHRMANN in London ASIAN and European institutional and individual shareholders are failing to collect billions of dollars in settled class actions against US and international companies. "Numerous foreign investors fail to claim settlements in the US, Europe, Japan, China and elsewhere," said365 words
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Article, Illustration593 2005-05-20 16 The company has vowed to appeal the verdict and the punitive damages Reuters. LAT-WP [WEST PALM BEACH] Morgan Stanley suffered another legal setback on Wednesday as a Florida jury ordered it to pay US$B5O million in punitive damages to the financier RonaldReuters.; LAT-WP - 593 words
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248 2005-05-20 16 [SAN FRANCISCO] Yahoo on Wednesday launched a high-powered version of its popular instant messenger service that will enable people to make free worldwide voice calls through their computers. Analysts told the Financial Times that the move would help push mainstream adoption of Internet telephony. Yahoo's248 words
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411 2005-05-20 16 AP [SANTA CLARA] Intel Corp president Paul Otellini took over on Wednesday as chief executive officer of the world's largest chip maker while his predecessor, Craig Barrett, replaced Andy Grove as chairman. Mr Otellini is the fifth CEO in the company's 37year history,AP - 411 words
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507 2005-05-20 17 Firms may have to report directors' pay and bonuses starting next year NYT [FRANKFURT] Germany inched closer to Americanstyle corporate governance on Wednesday with Chancellor Gerhard Schroeder's cabinet approving a law that would require public companies to disclose the salaries of theirNYT - 507 words
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357 2005-05-20 17 AP [NFW YORKI To Donald Trump, the proposals for the replacement for the World Trade Center look like a junkyard. His solution? Rebuild the twin towers, more or less. Standing in the lobby of his Trump Tower on Fifth Avenue, the developer-turned-TV starAP - 357 words
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Article, Illustration228 2005-05-20 17 Reuters [MILAN] Italian fashion house Gianni Versace plans to build its second beach resort in Dubai as luxury groups keep betting that the ultra-rich will follow their label lust on holiday. Versate was the first luxury group to extend its brand beyond theReuters; FILE PHOTO - 228 words
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Advertisement100 2005-05-20 15 *i„ mm M mm jfgfl JL M|| h| M|J|LhH MB flMjjjjl hm|||Lh|b HH MHj iw«g sIsuJIiwMHBb m jjjjjjjH fIIHIIIIIIHiiIIH H IMliiiilliil 'IHIHMIIHiBH M SB With renovations to The Oriental complete the line between business and pleasure has never been finer. A seamless, wireless integration of modern technology and legendary hospitality,100 words
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Advertisement1663 2005-05-20 16 T i IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF LAM SENG LEE HARDWARE (TIE) LID (IN MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the members of the abovementioned Company deemed to be held at 1 Sophia Road #04-07 Peace Centre Singapore1,663 words
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Advertisement399 2005-05-20 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ALLIED HOCK BEE INTERNATIONAL PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Co. Reg. No. *****3979W At an Extraordinary General Meeting of the abovementioned Company held at' 10 Fishery Port Road Singapore *****2 on the 12th May 2003399 words
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Advertisement588 2005-05-20 16 M THE MATTES Of THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of ACT BASE PTE. LTD. C^MMtaiNfcIWIHMN itilMtofllfMM At an Extraordinary General Meeting of tie members of ART BASE PTE. LTD. duty CM—ted and held at 36 Newton Road •01-07 Hotel Royal, Singapore *****4, an tie 140) day588 words
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Advertisement32 2005-05-20 17 ■t g f^ Jr j 1 -s**w s j -a.npai, II K,^^^^*^* 1 1 1 jPO FOREIGNERS View Showflais: 10am 7pm daily. Call 6464 5181 Attractive Two-Bedroom Units: Ideal For Investments. j32 words
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AVIATION
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196 2005-05-20 18 AFP [HANOI] Thai Air Asia, a subsidiary of Malaysia-based budget carrier Air Asia, has won a licence to offer flights between Hanoi and Bangkok, a Vietnamese official said yesterday. "The licence was granted yesterday (Wednesday)," said an official of the air transportAFP - 196 words
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507 2005-05-20 18 VEN SREENIVASAN - But sector watchers warn of long-term regulatory hurdles, high fuel costs By VEN SREENIVASAN [SINGAPORE] Regional low-cost carriers face some serious long term challenges, but the industry is far from consolidating, say industry watchers who took part in a recent BT Roundtable discussion.507 words
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375 2005-05-20 18 Bloomberg [FRANKFURT] Swiss International Air Lines, which Deutsche Lufthansa is taking over, posted a firstquarter loss amid rising fuel expenses, which are expected to hold back reorganisation efforts this year. The net loss narrowed to 44 million Swiss francs (5560.64 million) fromBloomberg - 375 words
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114 2005-05-20 18 Reuters [KUALA LUMPUR] India's top domestic airline, Jet Airways, aims to maintain double-digit earnings growth into its new fiscal year despite high fuel costs and rising competition, a company executive said yesterday. Bombay-based Jet Airways earlier reported a 60 per cent jump inReuters - 114 words
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Article, Illustration390 2005-05-20 18 Bloomberg [TOULOUSE, France] Air France-KLM, Europe's biggest airline, reported a smaller-than-expected fourth-quarter loss as cost savings from the 850 mil-lion-euro (Ssl.B billion) purchase of KLM Royal Dutch Airlines Group helped offset rising fuel prices. The net loss was six million euros, or twoBloomberg; AP - 390 words
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Article385 2005-05-20 18 AIRLINE CODES: AA: American Airlines (AAL), AF Air France (AFR), AI: Air India (AK), AY Finnair Oy (FIN), AZ: Alitalia Airlines (AZA),BA: British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA385 words
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Advertisement117 2005-05-20 18 wm 4 >"*,»» 'J* M i i n V HjMtf i JNtej?*!. **> *f M v> s >♦' fi A *> I I I 11% JHttiu! HHPi Nominations for the «wMli 2005 eso.startup awards 2 005 are now open Recognising Singapore's New Enterprises To be eligible, a company must: be117 words
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SHIPPING
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Article, Illustration645 2005-05-20 19 Federal govt hopes to ease export bottlenecks AFP [SYDNEY] The Australian federal government said yesterday it wants to take control of some of Australia's ports from individual states, in an attempt to reduce delays to valuable export shipments. Prime Minister John Howard saidAFP; REUTERS - 645 words
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514 2005-05-20 19 Greece's Aries is latest with plan to raise US$275m Bloomberg [ATHENS] Aries Maritime Transport Ltd's plan to sell shares to the public for the first time may make the three months through the end of June the busiest on record for shipping company offerings.Bloomberg - 514 words
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204 2005-05-20 19 Reuters [LONDON] Shares in British ports firm P&O Steam Navigation rose yesterday as talk swirled that Singapore investment company Temasek Holdings is building a stake in the company. The Daily Telegraph said Temasek Holdings was buying shares and may alreadyReuters - 204 words
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Article274 2005-05-20 19 isiBi mwm-m May 19 4 W CH Offshore OJ6 0X11 439 ChuanHup 0.74 0X11 1149 Cosco Corporation 168 0.04 6945 CWTDttrfcution OSJ 0.01 17 EzraHldgi 1.2S 001 55 Fraightunks 0.01 unch 68 Grand Banks Yacht 0.92 unch 0 Jaya Holdings 1.04 inch 2196 K1 Vanbn 026 -0.01 1131274 words
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757 2005-05-20 19 SELVA KUMAR - ADMIRALTY CASEBOOK By SELVA KUMAR AN "owner" for purposes of the relevant arrest provisions in Australia's Admiralty Act 1988 had to be an owner in the "proprietary" sense and not just a registered owner in a ship registry, the Federal Court in Sydney ruled757 words
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EDITORIAL & OPINION
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Article507 2005-05-20 20 EDITORIAL IT says something about the state of international diplomacy that signatories to the 1970 Nuclear Nonproliferation Treaty spent two weeks of their month-long review meeting wrangling over the agenda. The meeting had been deadlocked over a demand by Egypt that the issue of nuclear507 words
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Article, Illustration1244 2005-05-20 20 EVELYN GOH - Region may thus look forward to a fruitful US-Asean relationship over the next 4 years By EVELYN GOH FOR those who have been wondering what the second Bush administration has in store for South-east Asia, Deputy Secretary of State Robert Zoellick's eight-dayAP - 1,244 words
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Article, Illustration727 2005-05-20 20 HARISH MEHTA - THE BOTTOM LINE HARISH MEHTA WHEN the United States introduced intellectual property rights as an issue in the Uruguay Round of trade negotiations, it accused the Third World of piracy. At the time, the US complained it lost royalties worth US$2O2 million in agricultural727 words
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Article, Illustration1694 2005-05-20 21 HITENDRA PATEL, STEVE WYATT, ARUN MAHIZHNAN - Singapore's policy makers need to create new initiatives and a new national rallying cry around innovation By HITENDRA PATEL, STEVE WYATT, ARUN MAHIZHNAN OVER the past four decades, Singapore's policy makers have successfully met the challenge of defining holistic, internally consistent and externally relevant economic policies. Today,FILE PHOTO - 1,694 words
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313 2005-05-20 21 Ang Fng Liang Singapore - LETTERS TO THE EDITOR Ang Fng Liang Singapore I REFER to the article "Should Longcheer have been allowed to list?" (May 17, BT). In a disclosure-based regime, the investor's ability to judge the merits of an investment is based solely on the quality of313 words
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237 2005-05-20 21 Denis Distant Singapore - Denis Distant Singapore I REFER to your report "Fare hikes for profitability's sake" (BT, May 12). Nobody quarrels with the fact that public transport operators' (PTOs') shareholders expect a return on their investment in these companies. However, when PTOs focus on generous increases237 words
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Advertisement101 2005-05-20 21 HAVEYOURSAY Fax your letters to 6319-8277 or email them to btletter6sph.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 laws. We101 words
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Advertisement20 2005-05-20 21 Lianhe Zaobao Copthorne I Orchid Hotel I fcondo again I I BlttfflJSißJS I |*£iai**&x I fciillli I —B m gj^H20 words
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Advertisement1229 2005-05-20 21 GdftMte 1800 7» 8822 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTERS OF (1) PENYU AGAR SHIPPING PTE LTD (Rag. No. *****2034Z) (2) LEADWORLD PTE. LTD. (Rag. No. *****0028 C) (Both In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At the respective Extraordinary General Meeting of1,229 words
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Article2374 2005-05-20 22 SGX XTRANET S2-Wk Tat Last Vol Day Last Quote GrOtv Mv GftW Nat MCap Low Coda Company Sate 000) High low »>iyar SalUf Cw WE Smil ********** 6065 Diamonds US*****«d ***** 6095 IS DJ US Tech US3740 6097 IS MSCI Spore US555 6101 ISSAP500 US8270 ********** 6170 SPORS2,374 words
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Article3329 2005-05-20 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In USS dy yr dy yr dy %yr May 18 Index Change Change Change Change Change Change World Index Preliminary 847.2 0.6 -0.6 0.4 -2.1 0.6 -3.i t EAFE Preliminary 782.8 09 13 0.6 -3.1 0.8 4J Europe3,329 words
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Advertisement1997 2005-05-20 24 I TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I vessel 1 voy 1 pkg I eta siw iowg K/WMI DAUASI HQUSTOWI wiaiiPHis Ichkacol wtw yowTI TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) 00C110NGBEACH 14E20 17/05 18/D5 03/04 09/06 10/06 08/06 08/06 11/06 yissn VOY" "EUSW* KG |Bt HE SYP MB.1,997 words
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Advertisement714 2005-05-20 24 I»<wmuto«o<wyici vßsa/voY umm hbgwiwo m ioj 10 ar STUnSVBCIUK 10/05 15 12 10/05 12/05 STRAITS VDITUtE 11/05 15 1J 21/05 24/05 »/05 01/0* OVOt I stiaits yamiKE 12/ os 15 aj os/m oi/ot I I AUSTRALIAN RORO SiKVKX j Vtssa/VOT I MWfUDI HBOHTOQI KB IKT M STD MB M HB714 words
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Advertisement928 2005-05-20 25 MQj ComtHnw C a range of shipping modes to ensure timely, rotable services covering major ports in J) Norm America, Europe, Japan, Asia, Africa Oceania. Abe eccsft hrtra-Ashi Crjms Ik BUSAN KWANGYANG SHANGHAI YANTIAN XMMBI QMGMO KUMftN JNUUTII SUMUYA KAOHSWHG BANGKOK LAtW CHA»AH6 ttXHIIIIMH fkSKH 6UPAH6 PBWI6 Ww BBAH6 For928 words
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Advertisement1081 2005-05-20 25 rasa _w _sw_ jn_ j®_ jhh_ _m»c_ jnm_ _pus_ rasa voy six jw sui hkg ush ws HYVUIMVOSTOK 15TS 2t/S M/S 2/4 Vt 4/4 «/t 1/4 MKSmNCHAI SO7S 22/5 25/5 24/5 31/5 4/4 5/4 HTfMMBS OHS 2/4 4/4 1/4 11/4 IV4 15/4 15/4 KMT( POUT KtUNG 507S 21/5 1/4 2/41,081 words
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Advertisement681 2005-05-20 25 w aoas&o WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS Vtssa vot sot pjbaho coioboo R-SHtvA coummo ■«F-«HB-W-Wh K 85 iat unfit am mhw onun ioum im iLim hqhcoubi JBQfIL JIM- 14 JtfH IZJHI Ml aim— BB twms nm 21 m ?4jw pp &M ALSO681 words
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Advertisement638 2005-05-20 26 WW WALLENIUS WILHELMSEN website: http://www.2wglobal.com VESSEL VOY RAMP HEIGHT SIN UC MAO ~HOU* MIA SAV BAI ORF NYC WW 108 TAMERLANE AFSIS 320Tms MM 10/06 01/07 10/07 14/07 IS/07 16/07 TAIKO AFSI6 420 Tons 6.4 M 20/06 12/07 21/07 2S/07 29/07 27/07 31/07 TARONGA AFSIB 3201 MS 6.25* 19/07 11/08638 words
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Advertisement1158 2005-05-20 26 VKSIL wr SIN PCU PACIANDA 1473* 20/05 20/05 PACMJ "705 msmnpa iiziM um nm fig Bflj ffiL Of 2301 0123? 22/05 23/05 I PACMU 4141 29/05 01/06 PAC lANDA MM um 23/05 PAC lANDA LIZM 24/24 21/0? IWII ill quw mt urn urn SS,., Ufe PAC lANDA 1477N 25/05 24/051,158 words
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Advertisement343 2005-05-20 26 1 BSA a. V^E9Bn99I9RBHRVSf99IfB[I^^^V MYANMA KM FIVE STAR UNE (Mvwnmt Notiosol Um) Losdii) for YM|M VESSa VOY SIM PU PEN PGU PAGAN 344 W SIS HPA-AN 3J7W SIS IN MALAYSIA: INSTEAD SNIPPING AGEIKIIS KUL/PKL 01-300 SUM PEN: 04-2633*15 ACCtPTIM COMVEiTIOMAL CBO YESSE VOY WG SM PGU PU KUC OOANU QUEEN343 words
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Advertisement912 2005-05-20 27 Guaranteed Sailing! I Service from Singapore to: I Los flngeles Keelung I 14 days transit. on jyy Urs cu t-off I Tel: 6220 4290 Fax: 6225 7536 Dsn flrDSn I—t to—irtial<Brtxpo.twm a No. **********0Z 200 CertwwwtM #13-06 (*****3) CHINA INDONESIA SERVICE (CI.S) SHANGHAI HONGKONG 1 CHIWAN PSAVoy j SINGAPORE JAKARTA912 words
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Advertisement997 2005-05-20 27 FREIGHT LINKS EXPRESS PTE LTD JKKw 51 Penjuru Road, 3 Level, Freight Links Express Logisticentre, Singapore *****3. Tel: *****511 Fax: *****577 E-mail: flesin@singnet.com.sg Website:http://www.freightlinks.net LCL SERVICE TO CHINA «k ASIA w I J CEBU DALIAN HONG KONG JAKARTA QINGDAO Nf IMJ 1 s ||l SHANGHAI SURABAYA XINGANG XIAMEN BEST LCL997 words
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Advertisement587 2005-05-20 27 -aw llllßliin ■PIPPITIGttSItY 285N 24-25/05 31-02/06 07-08/06 1 ■MUijUfITIGBtWAVE 286N 28 29/05 03-05/06 11 12/06 I MlimTM 287N 31-01/06 07-09/06 14-15/06 1 ■■■■■TIGCRSU 288N 044)5/06 10-12/06 18-19/06 289W 07-08/06 14-16/06 21-22/06 1 8 ■MMRMTIGBtSPMT 103 27-27/05 03-05/06 12-13/06 ■U|Ulfi|n(UnN 316 02-03/06 09-11/06 19 70/06 1 ■—AOHEVER 171 04-05/06 12 14/06587 words
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THE BUSINESS TIMES SHIPPING TIMES
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ARTS
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Article, Illustration610 2005-05-20 29 AL R DIZON - MUSIC By AL R DIZON AS someone who's garnered some of the highest accolades as a performing artiste, with looks and grace that could move mountains, and sharp intellect to match, Hilary Hahn, 25 is still painfully anonymous. Does she mind?610 words
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Article, Illustration979 2005-05-20 29 PARVATHI NAYAR,CHEAH UI-HOON - SINGAPORE ARTS FESTIVAL PARVATHI NAYAR and CHEAH UI-HOON pick their top 10 choices PARVATHI NAYAR,CHEAH UI-HOON IT'S the time of the year again, when almost every corn.er of the island gets an arts buzz of some kind. When there are 4,400 artistes from 27 countries in 22979 words
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344 2005-05-20 29 MINDY TAN - ART By MINDY TAN FOR those who complain there isn't enough debate on the arts in Singapore, here's your chance to sink your teeth into art issues that matter. "Art Museums Society" the third in Singapore Art Museum's (SAM) four-part Bilingual344 words
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Article, Illustration729 2005-05-20 30 SANGEETHA MADHAVAN - Many of the acts at Flipside aim to stretch artistic boundaries, reports SANGEETHA MADHAVAN SANGEETHA MADHAVAN WHILE Esplanade's stages usually play host to big-name headliners, musicals and "serious" performances, those heading there in June will see lots of off-beat artistes and performances in its environs outside. As729 words
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Article262 2005-05-20 30 May 20 to May 21 (Fri to Sat) Gala Concert: Hilary Hahn Returns! By Singapore Symphony Orchestra Esplanade Concert Hall, 7.30pm (102 mins with intermission) Tickets: $21, $32, $42, $57, $67, $82 May 20 to May 21 (Fri to Sat) CONTROL ROOM LIVE UNIT (Singapore) Esplanade Theatre262 words
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Advertisement55 2005-05-20 29 BStraitsKitchen presents the best of local cuisine in a contemporary setting. Indulge in an intricate blend of Malay, Chinese and Portuguese flavours by Auntie Belle at Grand Hyatt. For reservations, please call 6416 7114. GRAND HYATT SINGAPORE 10 Scotts Road Singapore *****1 TELEPHONE 6738 1234 FACSIMILE 6732 1696 sjngapore.dining.grand.hyatt.com 200555 words
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Advertisement85 2005-05-20 30 Tickets from Esplanade Box Office and SISTIC's authorised agents. SISTIC hotline: 6348 5555. Group bookings of 20 or Ik I Jlf I more, call 6828 8389. Concessions available for selected ticket categories. A SISTIC booking fee applies for all tickets. I W 5 Latecomers will only be admitted during suitable85 words
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Page 30 Miscellaneous
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Miscellaneous348 2005-05-20 30 CRYPTIC CROSSWORD Arßn 4 More laddies sadly becom--1 ing brassed off (11) 1 Murder investigation s be- u ginning with detectives in 6 l,ne b ed house (8) ucated person (7) 5 Fodder I left for wise man to some betting with a lot ea t(6) spent foolishly pounds 9348 words
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CINEMA
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Article, Illustration659 2005-05-20 31 PARVATHI NAYAR - FILM For all its faults and inconsistencies, 'Episode IIIRevenge of the Sith' makes for great viewing, says PARVATHI NAYAR PARVATHI NAYAR SUSPENSION of disbelief. That's what movie magic is all about, whether you are successful in quelling the know-it-all voice in your brain that whines659 words
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Article, Illustration573 2005-05-20 31 JAIME EE - DVD By JAIME EE IT always happens like this. You think you've outgrown your Star Wars' fixation, and never thought to plonkdown $109.90 for the boxed set of Episodes IV to VI when it was first released last year. Well, now that Star573 words
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Advertisement105 2005-05-20 31 At ÜBS, we know that great performance is built on passion and understanding. It's key to helping our clients achieve their financial objectives and an approach we also share with our long-term orchestral music partners all over the world. We are delighted to be continuing our partnership with The Philadelphia105 words
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executive lifestyle
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Article554 2005-05-20 32 jaime ee - Star Wars The Untold Story off the cuff jaime ee STAR Wars fans may not know this, but somewhere between being immersed in hot lava and deciding that nothing would come between him and his lightsaber, Anakin Skywalker and his mentor Obi-wan Kenobi made a secret trip to a tiny554 words
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Article516 2005-05-20 32 CORINNE KERK talks to three ex-offenders turned entrepreneurs at the Social Enterprise Ark where business skills are used to make money and serve a greater good DO making profits and making a real difference to those in need go hand-in-hand? The answer is a definite yes, and the516 words
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Article, Illustration559 2005-05-20 32 iTeak restores furniture and lives IN his long-sleeved shirt, the skinny, bespectacled Anthony Boey looks like one of the thousands of office workers in Shenton Way. But take his shirt off, and his body would literally stqp traffic it is heavily covered in menacing tattoos. Growing up in Chinatown, the559 words
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Article, Illustration318 2005-05-20 32 ARUL Vernon who has been in and out of prison and drug rehab centres eight times ("a total of 20 years in prison, half of my youth was spent in there") started Hicool Aircon Services in 2000 with $50,000 from his first wife, who has since318 words
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Article, Illustration763 2005-05-20 32 BENNY Se Teo is the poster boy for Goshen Restaurant. But while the big-sized executive chef beams down at you from giant advertisements, in real life, the ex-offender— still a little gruff finds smiling for the camera almost impossible. In and out ofPHOTOS BY CHRIS LOH - 763 words
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Advertisement6 2005-05-20 32 ARTS Flashes of brilliance PG 296 words
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