The Business Times, 24 June 2005

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Total Pages: 32
1 32 The Business Times
  • 15 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 089/03/2005 Friday, June 24,2005
    15 words
  • 825 1  -  4 employees of its customers charged with accepting bribes from its top management By JOYCE KOH [SINGAPORE] Criminal activity was allegedly going on at electronic waste recycler Citiraya Industries even before it was listed in 2002, and four men appeared in the
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  • 564 1  -  By SHOEB KAGDA in Jakarta [SINGAPORE] The Government of Singapore Investment Corporation (GIC) is part of a consortium of international investors that has clinched a deal worth US$95O million to take over Indonesia's largest coal mine, sources have told BT. The consortium which
    564 words
  • 138 1 STI 2,223.45 (+17.11) ST INDEX FUTURES 2,224.00 (+17.00) simso 264.63 (+1.92) SIMSO FUTURES ***** (+2.00) MARKETS Thursday Change KLSECOMP 902.31 -1.02 NIKKEI 225 11,576.75 +29.47 HANG SENG 14,190.44 +29.42 SET INDEX 693.13 +6.56 JAKARTA COMP 1,137.424 +2.729 MANILA COMP 1,955.22 -3.40 SEOUL COMP 1,010.80 +8.65 SHENZHEN B 220.39
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  • Page 1 Advertisements

  • TOP STORIES
    • 1155 2  -  But major supply looms from other sources, including 2 IR projects By KALPANA RASHIWALA [SINGAPORE] As was widely expected, the government announced yesterday that it will not be resuming sales of residential and commercial land under the confirmed list system
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    • 693 2 Pacific Star to set up Islamic property fund PACIFIC Star Group and Kuwait Finance House are setting up an Islamic property fund that aims to invest up to US$6OO million in properties in Singapore and Asia. Pacific Star is a joint venture between German insurer Ergo and former
      693 words
    • 466 4  -  It will partner Kuwait Finance House in a fund that will invest up to US$600m in Asia By KALPANA RASHIWALA [SINGAPORE] Pacific Star Group and Kuwait Finance House (KFH) are setting up an Islamic property fund that aims to invest up to
      466 words
    • 581 4  -  THE GOINGS-ON AT CITIRAYA By RAJ UCHELLAM [SINGAPORE] Companies in high-volume, high-turn-around industries such as semiconductors need to have strong checks and balances so employees aren't tempted to make a fast buck, industry sources say. A source said yesterday that some chipsets bunches
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  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 202 3 SINCERE THE WATCH SPECIALIST 1 i 1 f ®l nleashed upon Singapore for the first or matte carbon-finish. In the true c'ssenee of acionauric.il me isiveness, time, the latest Bell c\" Ross Instrument eaeli BR 01 Instrument is superbly e laftcd to mil ioi the stieni;tli and BR 01 ("ollection
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  • Page 4 Advertisements
    • 113 4 T BQ)ZE T WineShop presents 100 GREAT WINES TO TASTE! From major wine-producing regions renowned producers. By the best wine retail outlet in Singapore. What's more, you can bag your favourites home at attractive offers. Bordeaux, Burgundy. Champagne, Alsace, Rhone Valley. Loire. Australia. Chile. California. Spain. Italy. South Africa, New
      113 words
  • Page 4 Miscellaneous
    • 101 4 Busted The recycling scam that Citiraya is alleged to have carried out with the help of some rogue executives from multinational companies 1 K A ■^BS^H'TTT KM |fi I ilf I i aBp MNCs send microchips and other electronic components to Citiraya for recycling 'K& j j| PJ of MNCs
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  • COMPANY NEWS
    • 641 5  -  CHINA AVIATION OIL SAGA Next pre-trial conference: July 14; trio given 'blanket permission' for travel until July 12 By WONG WEIKONG, MICHELLE QUAH LAWYERS acting for three directors charged over China Aviation Oil's financial scandal said yesterday they need the full version of
      641 words
    • 301 5  -  By WEE LI-EN A STEADY stream of projects is flowing in for Singapore's water-treatment companies, the latest being a $7.6 million contract awarded by the Public Utilities Board to Dayen Environmental Ltd. Sesdaq-listed Dayen said in an announcement yesterday that the turnkey
      301 words
    • 485 5 But no mention of whether intended purchase is SPC Reuters [MUMBAI] Indian Oil Corp Ltd's is considering the purchase of a stake in an oil and gas company in Singapore, India's top refiner said yesterday. State-run lOC was responding to media
      Reuters  -  485 words
    • 419 5  -  By LISA TAN PEARL Energy shares fell 3 per cent, or five cents, to $1.60 yesterday after the company said it had failed to strike gas in Block B 12/32 contract area in Bussabong Production Area Application, Gulf of
      419 words
    • 504 5  -  HOCK LOCK SIEW By R SIVANITHY AMONG the mass of broking firm recommendations released yesterday was a "buy" on China mobile phone designer Longcheer Holdings. Titled "Designed to grow, profits to ring", the report painted a hugely bullish picture for Longcheer, praising
      504 words
    • 492 6  -  REGIONAL DEALS The $18.8m purchase will be completed in two tranches By TEH HOOI LING [SINGAPORE] International Factors (Singapore) (IFS) has agreed to take a 49 per cent stake in a Thai finance company for $18.8 million. The purchase of Advance Finance PCL
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    • 153 6 Bloomberg [HONG KONG] PCCW Ltd, Hong Kong's largest fixed-line phone company, said it had acquired control of Sunday Communications Ltd, paving the way for a total takeover of the company. PCCW, which is an associate of Singaporelisted Pacific Century Regional
      Bloomberg  -  153 words
    • 223 6 MAINBOARD-LISTED GK Goh Holdings is to buy into a joint venture with Kanetsu Shoji, called FX Kanetsu, to deal with trading and brokerage of currencies and financial instruments related to foreign currency transactions in the Japanese market. The 50 per cent
      223 words
    • 304 6  -  By CHLOE CHOY FORGET not the importance of giving and contributing back to society that was the message Capita Land brought home at the launch of the Capita Land Hope Schools Exhibition yesterday. The Capita Land Hope Schools Exhibition is a
      304 words
    • 42 6 UNIT TRUSTS FUNDS LEGEND: All prices are indicative; Broadly Diversified; Narowly Focused; S 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 Day
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    • 552 7 WILL DBS SECURE UCENCE IN M'SIA? It aims to speed up liberalisation of the banking sector before 2007 Bloomberg [KUALA LUMPUR] Malaysia may allow overseas banks to open more branches in South-east Asia's third-biggest economy as early as December, accelerating
      Bloomberg; BLOOMBERG  -  552 words
    • COMPANY BRIEFS
      • 68 7 PROGNOSTIC Services Pte Ltd has signed an agreement for the purchase of 2,000 units of Inmarsat Broadband Global Area Network (BGAN) pre-paid SIM cards from Singapore Telecommunications' Mobile Satellite Business (MSB) Group. Sing Tel will also leverage on Prognostic's regional distribution network and business contacts in
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      • 49 7 NCSI Holdings Pte Ltd, an indirect subsidiary in which Singapore Telecommunications has a 100 per cent interest,, has incorporated a wholly owned unit in Korea. The new company NCSI (Korea) Co Limited deals with the provision of information technology and communication engineering services.
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      • 38 7 WING Tai Holdings Limited yesterday announced that Winbill Investment Pte Ltd a wholly-owned unit of its subsidiary Wing Tai Land will be voluntarily wound up. Lai Yoke Kwai has been appointed liquidator.
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      • 58 7 FOLLOWING the June 21 announcement made by Isetan on its plans to expand into China, Isetan (Singapore) yesterday said its investment cost of US$1.19 million for a 45 per cent stake in Isetan Jinan Store will be internally funded. The investment is also unlikely
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      • 46 7 AVAPLAS Ltd has entered into an agreement with Nypro Singapore Ptd Ltd to acquire from it, 300,000 shares of Avaplas Nypro (Thailand) for $1,475,000. Post-acquisition, Avaplas' shareholdings in Avaplas Thailand will increase to 600,000 shares, making it a wholly-owned subsidiary.
        46 words
      • 79 7 SP Corporation Limited's subsidiary. Creative Industrial Packaging Sdn Bhd, has entered into an agreement with APIC Sdn Bhd for the sale of a 4,680 sq m plot of leasehold land, together with a factory building, in Malaysia's "Shah Alam. The net proceed of
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      • 33 7 YEO Hiap Seng Ltd has appointed a new group financial controller. Pearl Foong Lye Fong, 39. is also the vice-president, finance and accounting of Gul Technologies Singapore Ltd.
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  • Page 5 Advertisements
    • 179 5 "For midsized and large organisations, a significant Linux deployment will neither be free nor easily accomplished. In fact, respondents at large organisations reported that a wholesale switch to Linux from Windows' or Unix would significantly increase Total Cost of Ownership (TCO) for the foreseeable future." Laura DiDio, The Yankee Group,
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  • Page 7 Advertisements
    • 15 7 The Straits Times Recruit The first step on your ladder to success iMahldllH < < J o
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    • 221 7 IMOKIA Connecting People Whatever you want, find it With a mobile directory that puts Singapore at your fingertips, it's easy! Get access to useful directory information, wherever you are just key in your location*. More than a street directory, this mobile directory application lets you search specifically for places, amenities
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  • SINGAPORE MARKETS
    • 531 8  -  STOCKS Gains from three bank stocks account for half the STI's surge, while large-cap index components provide support R SIVANITHY Senior Correspondent WE'VE seen all manner of themes emerge over the past few weeks sell banks, buy property, forget casino plays because they've run their
      Source: Bloomberg  -  531 words
    • 496 8  -  TRADES TO WATCH By TEH HOOI LING CHRISTOPHER Ho, chairman and substantial holder of Lafe Technology, has raised his deemed stake in the company to 65.57 per cent from 65.53 per cent. The registered holder, The Grande Grojup, yesterday purchased 438,000 shares at
      496 words
    • Article, Illustration
      435 8 OTHER SINGAPORE INDICES Jun 23 VALUE CLOSE BT OB/OS 59.00 +47.00 BTCAPI -*****.00 +14.00 BT 10-day MA -*****.00 +5.00 Ail-SG Equities 568.39 +2.96 SG Equities Elect 139.26 +0.84 SG Equities Fin 1566.73 +13.41 SG Equities Prop 567.27 +6.19 SIMSCI 264.63 +1.92 SiMSCI Futures 264.80 +2.00 MOST ACTIVE STOCKS VOLUME UniFiber
      435 words
    • 1008 8  -  Compiled by JOYCE KOH Longcheer Holdings June 23 dose: 46 cents DBS VICKERS RESEARCH. June 23 LONGCHEER is a Chinese handset designer thriving on strong demand for mobile phones in China where the penetration rate is only about 25 per cent. It is currently the fourth leading design
      1,008 words
    • 380 8 CURRENCIES AFP [TOKYO] The US dollar slipped against the major currencies in technical Asian trade yesterday ahead of next week's meeting of the US Federal Reserve policy-setting board and the Bank of Japan's key business sentiment survey, dealers said. The US dollar fell to
      AFP; AP  -  380 words

  • COMPANY NEWS
    • 657 9 The company has recently won crane deals from Mexico and Panama Reuters FROM his office window, Larry Lam, the founder of ports and cranes firm Portek, can see the container stacks at Singapore's fast-expanding Pasir Panjang container terminal. Every 30 seconds or so a
      Reuters; FILE PHOTO  -  657 words
  • Page 9 Advertisements
    • 1212 9 Notices JAPAN LAllfS www >&k m w mm wm v Japan Land Umltad {Company Registration Number *****7417K) NOTICE OF SEVENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of Japan Land Limited (the "Company") will be he'd at The Executives' Club, 65 Chulia Street, #33-01
      1,212 words
    • 1867 9 crnrw SMRT Corporation Ltd Incorporated In the Republic of Singapore Company Registration Number: *****1855H NOTICE OF ANNUAL GENERAL MEETING To: All Shareholders NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of the Company will be held at Raffles City Convention Centre, Collyer Room, Level 4, 2 Stamford Road,
      1,867 words

  • SINGAPORE NEWS
    • 536 10  -  They are likely to spend US$9.1b on PCs and US$800m on servers in 2005 By RAJU CHELLAM [SINGAPORE] After a prolonged slump, there are now signs of a boom in computer spending in Singapore and the Asia-Pacif-ic, this time led by smaller
      Source: DC  -  536 words
    • 437 10 THE ground for a new pier in Meulaboh to be provided by Singapore to replace the damaged Dermaga Ferry Jetty in Indonesia's tsunami-hit province of Aceh was ceremonially broken yesterday by Minister for Foreign Affairs George Yeo. Singapore construction firm
      437 words
    • 264 10 BAYER Healthcare-Diagnostics and Beckman Coulter are investing $14 million to automate laboratories at the National University (NUH) and Tan Tock Seng (TTSH) hospitals, the biomedical vendors said yesterday. Bayer Healthcare and Beckman are each investing around $7-$8 million in NUH
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    • 478 10  -  PROPERTY By ALEXANDRA HO SINGAPORE'S property investment sales market continues its upswing, as preliminary data show that about $1.9 billion worth of investment assets were transacted in the second quarter of the year. This compares with the $1.48 billion notched in Ql, property consultancy Jones
      478 words
    • 344 10  -  By KALPANA RASHIWALA THE Ministry of Trade and Industry (MTI) has decided to re-intro-duce confirmed land sales for industrial land parcels after a break of nearly four years. It has transferred two sites along Alexandra/Leng Kee roads and Woodlands Ave 4 from the
      344 words
    • 268 10 CITIBANK yesterday opened its largest wealth management centre in Asia on Orchard Road, intended to be a one-stop centre for clients to access its entire spectrum of banking and investment services. "The new Orchard Road branch is part of a larger blueprint which will
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    • 234 10 A SURVEY by the British Chamber of Commerce shows UK companies in Singapore looking forward to a positive financial outlook for the next one to three years. Results from the Business Confidence Survey show that 93 per cent of respondents believe that the business outlook
      234 words
    • 305 10 Bloomberg SINGAPORE'S consumer price index unexpectedly failed to rise in May, suggesting the central bank may ease monetary policy by allowing the currency to weaken. The inflation rate for May reported by the Department of Statistics yesterday compares with a 0.3 per
      Bloomberg  -  305 words
    • 258 10  -  By JOSEPHINE TAY THIRTEEN project agreements worth about US$2O7 million were signed yesterday between v Singapore and Liaoning businessmen, jointly witnessed by Education Minister Tharman Shanmugaratnam and Liaoning governor Zhang Wenyue. Covering a range of sectors including education, infrastructure, manufacturing and environment and
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  • ECONOMY WATCH
    • 432 11 He calls for flexible currencies in Asian economies, reforms in rich nations Reuters [WASHINGTON] Global financial imbalances require "joint action" in which rich countries remove obstacles to growth while China and other emerging economies free their currencies, the Asian Development Bank chief
      Reuters; AP  -  432 words
    • 331 11 Reuters [OITA, Japan] It is too early to say when the Bank of Japan will reverse its superloose monetary policy despite signs the economy will resume stronger growth soon, deputy governor Toshiro Muto said yesterday. Noting that an end to
      Reuters  -  331 words
    • 254 11 Bloomberg [BEIJING] Hong Kong banks' increased dependence on lending to Chinese companies and individuals needs "careful monitoring" to ensure that it does not lead to more bad loans in the next two years, according to Fitch Ratings. Hong Kong banks' bad-loan ratio fell
      Bloomberg  -  254 words
    • 193 11 Reuters [TOKYO] Big Japanese companies were slightly more confident about business conditions in the three months to June, a survey showed yesterday, easing concerns about the economic outlook. The government's business survey index (BSD for the quarter rose to 0.9 from 0.6 in
      Reuters  -  193 words
    • 165 11 Reuters [BEIJING] China's top banking regulator has urged banks and supervisory bodies to guard against potential new bad loans as the economy responds to tightening measures, the China Banking Regulatory Commission said on Wednesday. Chief of the banking watchdog Liu Mingkang said that credit risk
      Reuters  -  165 words
    • 445 11 Reuters [LONDON] Britain threw down the gauntlet to its European partners on Wednesday, arguing the 25-nation bloc had to wake up to the challenges of increasing global competition if it was ever going to boost jobs and wealth. As London prepares to take
      Reuters  -  445 words
  • Page 11 Advertisements
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      45 words
    • 215 11 AT FREIGHT WAREHOUSE NEAR CHANOI AIRPORT SHORT NOTICE PUBLIC AUCTION LIQUIDATION OP HIOH VALUE AIR CARGO CANCELLED EXPORT ORDER STOPPED IN TRANSIT Urgent Auction Disposal Guaranteed Genuine Authentic Handmade FINE PERSIAN EASTERN RUGS RUNNERS CARPETS Connoisseur A Decorative Items of highest Exhibition calibre exclusively selected for S.E. Asia wealth market
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    • 962 11 Notices NOTICE OF MEETING OF CREDITORS IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF CHERN ICON PLASTIC PTE LTD CO. REG. NO. *****3487R Notice is hereby given pursuant to section 296 of the Companies Act (Chapter 50) that o meeting of the creditors of
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    • 198 11 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MDI SYSTEMS (ASIA) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the Final General Meeting of the abovenamed Company will be held at 47 Hill Street #05-01 Chinese Chamber
      198 words

  • MALAYSIA/INDONESIA
    • 657 12  -  Tycoon faces shareholder revolt at PSC Industries' AGM on Monday By S JAYASANKARAN in Kuala Lumpur IT seems like crunch time for businessman Amin Shah Omar Shah, who heads Malaysian shipbuilding company PSC Industries (PSCI). Minority shareholders are expected to oppose his re-election as
      657 words
    • 394 12 AP, AFP [PUTRAJAYA] Malaysia's leader yesterday outlined ambitious plans for the creation of an Islamic common market, and said the Muslim world needs to band together to fund its own massive development needs. Muslim countries should pool their collection of
      AP,; AFP; AP  -  394 words
    • 262 12 Bernama [KUALA LUMPUR] Bursa Malaysia, if necessary, would revamp entirely its 100-Quality stock Composite Index, said Bursa Malaysia chief executive Yusli Mohd Yusoff. However, the revamping would be done only if the feasibility study carried by FTSE Group recommends it, he said. A global
      Bernama  -  262 words
    • NOTE BOOK
      • 86 12 Reuters [ZURICH) ÜBS is in talks with state-run Bank of China (BOC) over a partnership and the Swiss bank is considering an investment of around US$5OO million, it said in a statement yesterday. The world's seventh-largest bank, which helped BOC list its
        Reuters  -  86 words
      • 64 12 Bloomberg [NEW DELHI] Flextronics International Ltd, the world's largest maker of electronics for other companies, said it plans to set up a second manufacturing plant in India. The company is considering locating the facility at Bangalore, Chennai or Pondicherry, said Vijayan Chinnasami,
        Bloomberg  -  64 words
      • 96 12 AP [BEIJING] President Hu Jintao is willing to discuss China's politically volatile exchange rate controls at a meeting of leaders of the Group of Eight (G-8) major economies next month, the Foreign Ministry said yesterday. Mr Hu will attend the G-8 summit
        AP  -  96 words
      • 82 12 AFP [KUALA LUMPUR] Malaysia's ruling Umno (United Malays National Organisation) party yesterday levelled corruption charges against its vice-president Isa Samad, one of the top scalps in the government's campaign against corruption, a report said. Isa faced a disciplinary board at the Umno headquarters to
        AFP  -  82 words
      • 60 12 Bloomberg [KUALA LUMPUR] Genting Bhd, Asia's biggest publicly traded casino group, said its GP China Ltd unit will spend US$7l million to buy four power plants in China from El Paso Corp. The purchase will "expand and complement the existing power business
        Bloomberg  -  60 words
      • 76 12 Reuters [SHANGHAI] China's Yangtze Electric Power will offer public stockholders one share for every 10 held as compensation for an unpopular government plan to sell down state holdings, a newspaper said yesterday. Under the plan, shareholders of the operator of the Three Gorges Dam
        Reuters  -  76 words
    • 4 12
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  • Page 12 Advertisements
    • 1308 12 Notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DAIMLER-BENZ VIETNAM INVESTMENTS SINGAPORE PTE LTD (In Members' Voluntary Liquidation) Co. Reg. No.: *****6488 D NOTICE OF RESOLUTIONS At an Extroordinory General Meeting of the Company held ot 3 Temaselt Avenue #27-01 Centennial Tower Singapore
      1,308 words
    • 314 12 LF HOLDINGS PTE LTD (Co. Rag. No.: *****3744G) NOTICE OF SPECIAL RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DULY CONVENED AND HELD AT 24 TOH TUCK PLACE SINGAPORE *****9 ON 22 JUNE 2005 AT 11.00 AM THE FOLLOWING SPECIAL RESOLUTIONS WERE PASSED: Special
      314 words

  • GREATER CHINA/INDIA
    • 718 13 BATTLE FOR UNOCAL It sees bid as friendly but analysts warn of political hurdles Reuters, AFP [NEW YORK/SINGAPORE] Chinese state-run oil firm CNOOC on Wednesday offered to buy US producer Unocal, for US$lB.5 billion in cash, setting the stage for a takeover battle with Chevron
      Reuters,; AFP; AP FILE PHOTO  -  718 words
    • 444 13 Reuters [WASHINGTON] US Energy Secretary Sam Bodman refused on Wednesday to speculate how the Bush administration would react to a bid by Chinese state-run oil and gas producer to buy US-based Unocal, except to say it would trigger a "complex" government review. Meanwhile, a
      Reuters  -  444 words
    • 664 13 AFP [BEIJING] The emergence of China's corporate superstars as avid buyers of overseas assets, highlighted in CNOOC's bid for Unocal, could get a huge boost if the yuan were to be revalued, analysts said yesterday. The scenario of a stronger Chinese
      AFP  -  664 words
    • 336 13 [PHILADELPHIA] India plans to expand its biotechnology sector fivefold over the next five years as part of an ambitious strategy outlined on Monday at 810 2005, the world's largest biotech conference, the Financial Times reported. Steps under consideration range from
      336 words
    • 345 13 Reuters [BEIJING! A bid by Chinese state oil firm CNOOC for US producer Unocal may sound the starting pistol for a much talked-about global race for resources between the world's two largest oil consumers. Five years ago, the idea that
      Reuters  -  345 words
    • 441 13 Reuters [HONG KONG] Shares in China's Bank of Communications, which raised US$l.BB billion in the world's second-largest initial public offering this year, rose 13 per cent on their debut as investors chased a piece of China's first overseas bank offering. Despite the Chinese
      Reuters  -  441 words

  • ASIA-PACIFIC/WORLD
    • 613 14 CREDIT CARD FRAUD Glitch began in 2004 and may have exposed 40 million cards worldwide Bloomberg [BEIJING] Visa International Inc and MasterCard International Inc, the world's biggest credit card companies, have 483,000 cards in Asia exposed to potential fraud after a security
      Bloomberg; AP  -  613 words
    • 354 14 Reuters [LONDON] London police were investigating a newspaper claim yesterday that confidential details of British bank accounts are being sold by criminals from Indian call centres. The Sun said it had bought bank details of 1,000 Britons for just £3 (Ss9.l) each
      Reuters  -  354 words
    • 405 14 NYT [ATLANTA] Losses are beginning to mount following a major security breach being blamed on an Atlantabased payments processor that left 40 million credit card accounts vulnerable to fraud. Officials in Japan reported that at least US$l million in fraudulent charges were
      NYT  -  405 words
    • 468 14  -  Tokyo urges China to improve its IP administration By ANTHONY ROWLEY in Tokyo PATENT and copyright infringements in China are costing Japanese manufacturers more than 9 trillion yen (*****.6 billion) a year in lost sales, Osamu Watanabe, chairman and chief executive
      468 words
    • 337 14 Reuters [LONDON] Britain's royal family, often criticised for excessive spending, costs each taxpayer just 61 pence (Ssl .85) a year, about the same as a loaf of bread, Buckingham Palace said on Wednesday. The Royal Public Finances annual report, which
      Reuters  -  337 words
    • 296 14 AP [CANBERRA] Australia will decide by August whether to sign a nonaggression treaty with its South-east Asian neighbours, the government said yesterday. The Association of South-east Asian Nations (Asean) has made signing the nonaggression pact with the 10-member group a condition for Australia's
      AP  -  296 words
    • 256 14 AP [LONDON] A casual comment by a top government official has introduced a new dress code that allows Britain's male civil servants to leave their ties at home on hot summer days. The change, suggested by Cabinet Secretary Sir Andrew Turnbull this week,
      AP  -  256 words
    • 401 15 NYT [NEW YORK] KPMG, the big accounting firm under federal scrutiny over sham tax shelters it developed and helped sell in the late *****, has been quietly working to limit its liability from civil suits filed by clients who bought the shelters, according
      NYT  -  401 words
    • WORLD WATCH
      • 113 15 Bloomberg [CANBERRA] The Australian'government is surveying householders on whether they would be likely to buy shares in the planned A 533.8 billion (5543.7 billion) sale of its remaining stake in Telstra Corp if they were offered discounts and other incentives. The government asked whether
        Bloomberg  -  113 words
      • 74 15 AP [CANBERRA] Australia's Deputy Prime Minister John Anderson resigned yesterday, saying in a speech to Parliament he was stepping down because of health concerns. Mr Anderson held a meeting with government colleagues and then announced to Parliament he was standing down as deputy prime minister and
        AP  -  74 words
      • 51 15 Bloomberg [ATLANTA] Ameritrade Holding Corp agreed to buy Toronto-Dominion Bank's US brokerage for about US$l.9 billion in stock, surpassing Charles Schwab Corp as the biggest online broker by trades. Shareholders of Ameritrade will receive US$2.4 billion in special dividends, funded in part by Toronto
        Bloomberg  -  51 words
      • 87 15 AFP [NEW YORK] Investors expressed their displeasure with the struggling Ford Motor Company on Wednesday after the giant US auto maker announced its second profit warning of this year. Ford said late on Tuesday it would cut 1,750 managerial positions in North America. The
        AFP  -  87 words
      • 69 15 Bloomberg [LONDON] Deutsche Telekom, France Telecom and Electricite de France are among more than a dozen companies whose credit ratings were upgraded at Moody's Investors Service as the company changed the way it makes its assessments. The new methodology affects companies that are partly or wholly
        Bloomberg  -  69 words
      • 68 15 AP [MOSCOW] Shattered oil company Yukos could sell off its core assets if "absolutely necessary" in order to pay the remains of some US$2B billion in back tax claims, Yukos vice-president Frank Rieger told the company's annual shareholders meeting yesterday. Yukos saw its
        AP  -  68 words
      • 79 15 AFP [BERLIN] Chancellor Gerhard Schroeder yesterday replied to a contentious column by British Prime Minister Tony Blair in Bild newspaper with one of his own, saying the European Union was at a crossroads and must be rescued from forces trying to weaken it. "Europe is
        AFP  -  79 words
    • 550 15 Treasury Secretary and Fed chief warn against taking protectionist steps AP, Reuters [WASHINGTON] US Federal Reserve chairman Alan Greenspan told lawmakers yesterday that there's "no credible evidence" US manufacturing activity or US factory jobs would be helped by China revamping
      AP,; Reuters  -  550 words
    • 243 15 AP [LONDON] London's 2012 Olympic bid committee is leaving nothing to chance as it nears next month's vote. Even fashion is coming into play. On Wednesday. London unveiled the tailored linen suits that bid committee members will wear in Singapore for
      AP; AFP  -  243 words
    • 579 15 PC makers, sellers not keen on version without Media Player that EU ordered AP [PARIS] In Microsoft's new operating system Windows XP N the N stands for "Not with Media Player". But it might as well stand for "No Thanks". PC makers and distributors
      AP  -  579 words
    • 388 15  -  By CHLOE CHOY [SINGAPORE] The entertainment and media sector in the Asia-Pacific region could be worth more than USS4T)O billion in four years' time, according to a report by PricewaterhouseCoopers. And the region is the world's fastest growing market for entertainment and
      388 words
  • Page 14 Advertisements
    • 34 14 fr&tk I Lianhe Zaobao I Foreigners I I working I lin Beijing: I I Top-earners I I get as much as I 500,000 yuan I annually I I ft* "s**ll" I I *frar&so7jAßil> I
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  • Page 15 Advertisements
    • 645 15 ■KnnplH Call toll-free 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT, CAP SO AND IN THE MATTER OF TRANSNASIONAL (SINGAPORE) PTE LTD Company Rag No: *****4477Z (IN CREDITORS' VOLUNTARY LIQUIDATION) Extract of the minutes of the Extraordinary General Meeting of members of Transnasional (Singapore) Pte Ltd convened and
      645 words

  • AVIATION
    • 539 16 It wants to defer pension payments while keeping current plans Bloomberg [DALLAS] AMR Corp's American Airlines brought employees from across the nation to Washington on Wednesday to lobby Congress for broad pension reform instead of changes designed only to help financially ailing carriers,
      Bloomberg  -  539 words
    • 239 16 Reuters [SAN FRANCISCO] FedEx Corp, the world's largest air-express carrier, yesterday posted a 9 per cent increase in quarterly profit on global economic growth, but said first-quarter earnings could fall below Wall Street estimates due to high fuel prices. Net income rose
      Reuters  -  239 words
    • 414 16 Bloomberg [HONG KONG] Cathay Pacific Airways Ltd, Asia's second-most profitable airline, has stopped hedging fuel purchases, two months after saying it would forward purchase more of its fuel needs, citing a surge in crude oil prices. "Prices are so high now and
      Bloomberg; BLOOMBERG  -  414 words
    • 433 16 Bloomberg [NEW DELHI] Indian ministers have approved changes in the bid documents for the sale of the country's Mumbai and New Delhi airports, for which Singapore's Changi Airport and Malaysia's airport authority are among interested parties. The Indian government will issue revised
      Bloomberg; BLOOMBERG  -  433 words
    • 236 16 AP [RIO DE JANEIRO] A Rio de Janeiro court on Wednesday accepted a petition by Brazil's debt-laden Varig airlines to begin a financial restructuring process under the new bankruptcy law, the company said in a statement Judge Alexander Macedo, of the Eighth Corporate Court
      AP  -  236 words
    • 397 16 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:
      397 words
    • 263 16 Bloomberg [ATHENS] Olympic Airlines cancelled some flights and delayed others after flight attendants at Greece's national airline called a wildcat strike yesterday morning. Olympic will adjust flight schedules to minimise delays to passengers, though it won't be able to announce beforehand which flights
      Bloomberg  -  263 words

  • SHIPPING
    • 327 17 Bloomberg [SINGAPORE] The cost of shipping crude oil from the Persian Gulf rose the most since May 3 as the pool of so-called very large crude carriers ready for hire in the Persian Gulf shrank. SK Corp, South Korea's largest
      Bloomberg  -  327 words
    • 418 17 Bloomberg [HONG KONGJ China Cosco Holdings Co, a shipping company marketing a US$l.66 billion stock sale, said freight rates could fall "significantly" because shipping capacity is rising, contradicting comments made earlier by its chairman Wei Jiafu. China Cosco clarified remarks by its chairman on June
      Bloomberg; FILE PHOTO  -  418 words
    • 689 17  -  ADMIRALTY CASEBOOK By SELVA KUMAR AN APPEALS court in the US has ruled that a salvage company cannot recover its legal costs as part of a salvage lien that it sought to recover through an action in rem against
      689 words
    • 582 17  -  Seeking greater influence may mean having a more permanent group By DONALD URQUHART [SINGAPORE] An overhaul of the Asian Shipowners Forum may be necessary if Asian owners want a greater say in international maritime affairs, the head of the Australian Shipowners Association (ASA) told
      582 words
    • 294 17 SGX '000 J—23 S$ w- Vol CH Offshore .0.37 0.01 79 ChuanHup ........0.77 0.01 831 Cosco Corporation 1.89 0.05 4749 CWT Distribution 0.67 -001 10 EzraHkto 1.18 001 314 Freight Links 0.08 unch 300 Grand Banks Yacht .0.96 unch 0 Jaya Holdings 1.09 unch 357 KlVenture .0.26 -0.01
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  • Page 17 Advertisements
    • 457 17 FAR EASTERN FREIGHT CONFERENCE (FEFC) Asia (excluding Japan) to North Europe and Mediterranean Trades Vessel Names Applicable to Ist July 2005 Conference Rate Restoration On 1 June 2005, Member Lines of the FEFC announced a Conference rate restoration for the Asia (excluding Japan) to North Europe and Mediterranean trades of
      457 words

  • EDITORIAL & OPINION
    • 497 18 EDITORIAL TELECOM players of Singapore and Malaysia have not had much luck in their bid to go regional recently. The two countries' national telcos Singapore Telecommunications (Sing Tel) and Telekom Malaysia this week emerged as losers in the tussle for the privatised Pakistan Telecommunication (PTCL). And
      497 words
    • 987 18  -  Well-executed performance management is the key to transformation, says a new report By KRISHNA GIRI INEFFICIENCY, bureaucracy and red tape the widespread image of public sector agencies is hardly the most positive. This has been the case certainly within living memory, and
      987 words
    • 726 18  -  THE BOTTOM LINE LEON HADAR Washington Correspondent VIETNAMESE Prime Minister Phan Van Khai is not a democratic leader. In fact, in Mr Phan's Vietnam, there has been very little room for free speech, religious expression has been curtailed, and no open democratic
      726 words
    • 1171 19  -  LETTER TO THE EDITOR Leow Cheng Boon Investment analyst Singapore I READ with relief reports in BT (June 23) that Federal Reserve chairman Alan Greenspan and Treasury Secretary John Snow will warn the US Congress against using punitive trade sanctions to
      AFP FILE PHOTO  -  1,171 words
    • 194 19  -  Marc Liu Singapore 1 REFER to your report "How about cash refunds for Parf' by Samuel Ee (BT, Jun 22). I think the author has missed a critical element in concluding that people will not scrap their cars at the scrap value
      194 words
    • 283 19  -  Lu, Kee Hong Shanghai 1 REFER to the commentary, "Parents must start saying 'no' to brats" (BT, June 18), by Judy Louis. Children nowadays undergo long years of education, but yet such rigorous training fails them in real life. How do we expect men and women
      283 words
    • 181 19  -  Tham Kim Fay Singapore I REFER to your article "Better Shield in store?"(BT. June 22) and would like to share the following observation relating to claimable benefits under healthcare insurance schemes approved by CPF where the annual premium can be paid out of
      181 words
    • 962 19  -  While panned by environmentalists, officials insist linking western Guangdong to Hong Kong makes economic sense By DAVID LAGUE IHT IN the beginning, there were misgivings that it was a bridge too far. In the 1980s, when the Hong Kong construction executive Gordon Wu suggested building
      IHT  -  962 words

  • Page 19 Advertisements
    • 101 19 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ,IOOOToa 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. We
      101 words

  • 2452 20 SGX XTRANET S2-Wk Td Last Vol Day Last Quote GfOiv Dtv GrVM Nat MCap Htgh Law Coda Company Sal* C000) Law »«yar Sa«f Cw WE Smil ********** 6065 Diamonds US*****a) 6095 IS DJ US Tech US3740 6097 ISMSCISpore US555 6101 ISS4P500 US8270xd ********** 6170 SPDRS US***** 2307 1843
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  • 3368 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES ia tool cm mil Hi IBS »dy %dy *<* JunM lnde» Change Chang« Ch«np« Ch»ng« Ch«np« Chang* World into Pwfrnmary 8795 0t1 33 01 |J> 00 04 I EAFE Preliminary 8203 03 83 Oil 0.5 0.1 -1.6 Europe Preliminary IMS* 03 B.0 03
    3,368 words

  • Page 22 Advertisements
    • 1215 22 /f rT NYK GROUP SOUTH ASIA PTE LTD BJtfTXu« ®TS K LIN E Fax: 6292 2856 (Regional sales) 6239 7109 (OPS)/ 6299 5785 (Documentation) *> NIPPON YUSEN KAISHA TOKTO KNMKU KASHA. LTD (C/R NO: **********0E) o** ~Z j BflßjjßflH CRI: 1373 *****000 Ltd Mofai 6SM-2750 lurop* NCX-Aton intra Aria Shanghai-md
      1,215 words
    • 848 22 IINTIRASIA RORO SERVICE vKsa/voY umm hbghtw fug km ig sm *r STRAITS VENTURE 11/05 IS 3.2 21/06 23/04 28/06 01/07 03/07 STRAITS VENTURE 12/05 IS 3.2 06/07 08/07 14/07 17/07 19/07 STRAITS VENTURE 13/05 IS 3.2 22/07 24/07 28/07 31/07 02/08 IAUSTRAUAN ROUP SERVICE I VBSa/VOT RAMPQfQ HBGHTgH)! K» I
      848 words

  • Page 23 Advertisements
    • 1155 23 Hamburc^^SUD >ust s«vta (export) ETA JH fimrntw <»t nnn— mnuw Singapore wismti stwkt muowwi mum WA6IIKAIIOSS 01/07 11/D7 13/07 16/07 If/07 CAP A6UHAI IMS 2V87 00/00 lfl/M 13/01 H/W~ CSCLXIAMEN OOSOS 00/07 11/07 20/07 23/07 24/07 esqIIAMBI OOttS 05/01 IVM 17/00 20/00 23/01 StOTIAOHS 15/07 25/07 27/07 30/07 02/ M
      1,155 words
    • 1324 23 VESSEL _VOY_ J|N_ JKT HKG KHH HK KYH PUS VESSEL VOY SIN JKT SUB HK6 USN WIS HY BRIDGE 096S 30/* 2/7 7/7 9/7 11/7 13/7 13/7 KMTt SINGAPORE SO9S 26/6 29/6 30/4 S/7 9/7 10/7 HY VLADIVOSTOK 161s 7/7 1/7 14/7 16/7 11/7 20/7 20/7 KMT( JAKARTA So9s 3/7
      1,324 words
    • 924 23 £>3as&* WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS VBSa I VOY ISM P-HIANgI COLOMBO H StKVA COLOMBO KOTA PEHWMA YHWS 70 JUM 21 )UM 24 JUW 27JUN 30JUN INDIU GANDHI 0094W 27 JUM 28JUN 01 JUL HUUI QZJIU UUIV GANDHI OM4W 04 JUL 05
      924 words

  • Page 24 Advertisements
    • 718 24 IUU WALLENIUS WILHELMSEN website: http://www.2wglobol.com VESSEL "VOY RAMP IK ~MAO~ HOW MIA SAV BAL ORF NYC NEW MO» TARONGA AFSIB 320T0« 6.25 M I 20/07 10/08 19/ OS 24/08 30/0# 28/08 TAMPERE AFSI9 400To«i 6.30 M I 27/07 20/08 29/08 02/09 07/09 05/09 TAMESIS AFS2O 320T0«s 6.40 M 05/08 30/08
      718 words
    • 1539 24 VESSEL VOY SIN PCU VBSIL VOY UN JKT PAC PANDA 1497* 22/06 23/06 IHI CSF23OI OH7f 23/06 25/06 j|Zg gZg PAC lANPA 1498N 24/06 24/06 PAC lAMDA \jm 25/06 26/06 MM^WTMWnHTTTTi^^^^M CSf 2301 fiUff 24/06 27/06 111 PAC lANPA 1500N 26/06 27/Q6 -gSifi S 25/06 PACBANDA 1501N 2S/06 2S/06 -J®™
      1,539 words
    • 686 24 BSAi MYANMA fIH FIVE STAR UNE (Myamnar National Line) Loading for Yngoß VISSEL VOV SIN PHI PEN PGU PAGAN 348W 25/06 HPA-AN 337W SID IN MALAYSIA: IOUSTIAD SHIPPING AGENCIES KUI/PKL: 03-*****348 PEN: 04-*****15 ACCEPTING CONVENTIONAL CSO VESSEL VOV HKG SIN PGU PKL KUC NAPtll 109 SU) SLD SLD MARINE EMBLEM
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  • THE BUSINESS TIMES SHIPPING TIMES
  • Page 25 Advertisements
    • 583 25 I Guaranteed Sailing! I Service from Singapore to: I Los Angeles Keelung I Weekly Consol. Twice weekly I Mon cut-off. Consol. I 14 days transit. on cu t-off I HUB MARINE PTE LTD BOOKING: *****375/716 MAINLINE: *****886 FAX: *****066 OPR CODE "DZ" CR NO **********0Z MARKETING SALES: KELVIN CHUA: *****836,
      583 words
    • 473 25 FREIGHT LINKS EXPRESS PTE LTD 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 ASIA P* TZ2 CEBU DALIAN HONG KONG JAKARTA QINGDAO T'xHlMfc? SHANGHAI SURABAYA XINGANG XIAMEN BEST LCL RATES TO BMPM AARHAUS ASHDOD BEIRUT BUENOS
      473 words
    • 150 25 Scan-Trans Malaysia H.V. Tlmt Scan J*h<i/N CkiM 24 -71 Jww '05 S.W. Africa M.V Thar Fatcaa Sobk 25 June 05 t« Kara/Japan O.V. Amalia Sun Saa* Africa 25 June OS frOafl Africa AC Ihar Hawk Singapara M- 27 Jaaa '(5 any dir AlMlaa Maftaaraa It Wiaaaos 4k S.I Asia M.V.
      150 words
    • 437 25 BBHHfl««W**^2»4inWo^ol33^ TIGER PEARL 295N 21-29/04 05-07/07 12-13/07 ■MHiUIIIGfRSU 294N 02-03/07 08 10/07 16-17/07 TIGER SKY 297N 05-04/07 12-14/07 19-20/07 ■■■■■TIGERWAVE 298N 09-10/07 15-17/07 23 24/07 1 E99N 12 13/07 19-21/07 24 27/07 1 12-13/07 B HMMMMxPRESLItOTSE 624 29-30/06 07-09/07 17 18/07 ■UUJILI TIGER SPIRIT 105 0809/07 15-17/07 25-24/07 I 318
      437 words


  • executive lifestyle
    • Intrepid Impresarios
      • 855 27  -  DESPITE juggernauts like the Singapore Arts Festival, enterprising individuals have taken up the challenge to work as impresarios in Singapore's arts world. The big players, their greater access to sponsorship and resources, the competition for ticket-paying audiences, opportunists waiting to copy a seemingly
        FILE PHOTO  -  855 words
      • 597 28  -  By Parvathi Nayar HER vision is to be a "Singaporean Impresario", i.e. one who puts together "packages" of Singaporean talent to present to venues abroad. With a mane of hair, funky scarlet glasses and floaty red top to match, Seow Sher-Yen certainly looks like
        ARTHUR LEE  -  597 words
      • 419 28  -  By Cheah Ui-Hoon AS a small impresario outfit, it wouldn't be wise to go head-to-head with something like the annual Singapore Arts Festival and organise an event in June. But Lim Chiah Lueng, who started La Guitarra in 2000, believes that if one wanted to
        ARTHUR LEE  -  419 words
  • Page 27 Advertisements
    • 261 27 BoseUfesl^^ DVD Home Entertainment System 1 V J|| J |I 1 Digital yst $7,199 Retails 7,399 I $539 Retailss99 ■I.J. Bose Lifestyle* 28 SH n ovd Home Entertainment System Bose Lifestyle* 38 Fortnightly Special A 32 DVD Home Entertainment System Lagttai LUU hui v $5,199 Retail $5,599 99 $5,599^ I
      261 words
    • 137 27 mm Jffll BOOKS Book 'em B co£ pg 31 lfa» tWCLDSfP j®*3B ciRCL? I Off The Cuff column has been held over -i»^*iJ^L jTPw- 1 The comfoirt of L'Espace Affaires Business Class Benefit from our special offer between Singapore and Europe in L'Espace Affaires Business Class for recltablaJte-lIM seat with
      137 words

  • Page 28 Advertisements
    • 368 28 BP PBBBBBBBBBBBBBBBBBffjjiBK At the Big Splash Complex on East Coast Park, we have created the perfect place for your enjoyment and appreciation of fine, boutique wines from Australia and New Zealand. Cellar Door Operation (Every weekend from 12 noon to Bpm) V Featured Wineries 25 26 June Dowi© Doole, McLaren
      368 words
    • 91 28 WttKiv Thimw Dmtm Buffers Monday to Thursday Adult $30 Child $18 Look forward to a different dinner buffet spread each week when you dine at St. Gregory's Brasserie. Japanese, Italian, Thai, Middle Eastern to even Cantonese cuisine... simply enjoy a different dining experience. For reservations, please call 6432 5567. Prices
      91 words
    • 78 28 V.ill»r *i« .lis ,il \\'f r.O iirH |M I ilrm With I li re lion r <»l < nl h r/H-.i/sitklili inks M M'-n j fi.r.i O'/rt-r.'j l'.tirw//a Hairiari<:V: r ,hi'.k'-ri Rim: Kat'.u Don X f n«:fJ HK.«: Mk.i-'I Fr.h Thif> Fi«r<-hoon L F re-'] Thai M/k- P T'-a// IPah'l
      78 words
    • 52 28 MERITUS MANDARIN SINGAPORE BE SPOILT FOR CHOICE With our delectable selection of local delights and western favourites served all round the clock. Enquiries: 6831 6291 WH MERITUS MANDARIN out A division of Overseas Union Enterprise Limited (Company Registration N0.*****0050E) 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65
      52 words
  • Page 28 Miscellaneous
    • 210 28 CRYPTIC CROSSWORD otoss 8 C^ rtam arc^'tecture 9 Platforms with or- 15 Stand for Engineers ready at 10 Erfcourage boy of the upper ~16 A series of instructions comcreation ground (6) 18 Ecstasy after gold is found in 12 Admonished when offering —JHft _JBl—■■L-JBB— mineral (3) 13 A gee-gee was
      210 words

  • ARTS/ENTERTAINMENT
    • 752 29  -  DANCE Expect the whole works in The Royal Ballet's debut performance here, says CHEAH UI-HOON CHEAH UI-HOON SWAN Lake fans have seen two contemporary, deconstructed versions of the ballet classic in the past two arts festivals in 2002 and 2003 but this year, they'll see
      752 words
    • 446 29  -  DVD Reviewed by PARVATHI NAYAR THE MACHINIST AS an anorexic-thin, sunken-eyed insomniac, Christian Bale is a frightening spectre in The Machinist. The actor reportedly lost some 60-something pounds to play Trevor Reznik, a machinist at a factory. What is lost in body weight,
      446 words
  • Page 29 Advertisements
    • 2301 29 1 ISSSffIBSSSI SINGAPORE BRANCH Chairman: Jer-Shyong Tsai Directors: J.M. Peng, H.F. Huang, J.Y. Ling P.M.Cheng President and Managing Director: Yi-Hsiung Chang H.M. Hsu, T.Y. Chen T.T Hsieh, K.C. Chen, Managng Director: Y.H. Wang, W.P. Kuo, RW. Lee Lnit NTSI,OOO Unit NT$l,OOO ASSETS 2004 2003 opfrattnc RF.VF.WIBS 2004 2003 CURRENT ASSETS
      2,301 words

  • EPICURE
    • 306 30  -  FESTIVAL By NGIAM YING LAN HERITAGE food is high on the agenda of this year's Singapore Food Festival as Parco Bugis Junction turns 1960's hawker centre from July 1 to 3, serving up shaved ice balls and rickshaw noodles in a tribute to favourite
      306 words
    • 744 30  -  WINE SAMUEL EE finds out what goes into the making of Nicolas Potel's renowned wines SAMUEL EE YOU could probably go up to Nicolas Potel and call him a "Moonie" without getting a glass of wine splashed in your face. Instead, he might even sit down
      ARTHUR LEE  -  744 words
  • Page 30 Advertisements
    • 11 30 ■SP&®»*& 'jT- 11, ■■WPWWPPWW 1 WW U1 i i' v 4
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    • 96 30 jk AHarealcomwnies 8 -m—Nominations for the ZflßWil 2005 eso.startup awards 200 5 are now open Recognising Singapore's New Enterprises To be eligible, a company must: be a privately-held enterprise be under 5 years old (from date of incorporation) have a strong nexus to Singapore have at least 1 year of
      96 words

  • BOOKS
    • 1388 31  -  PARVATHI NAYAR and NGIAM YING LAN check out this month's selection PARVATHI NAYAR, NGIAM YING LAN FICTION rules. No, we aren't talking about what our lives, broadcast news or the universe feels like on some days, but our selection of books for June. There's a whole
      1,388 words
    • Article, Illustration
      333 31  -  By Nglam Ying Lan The Historian By Elizabeth Kostova TOUTED as this year's Da Vinci Code, one wonders if Elizabeth Kostova's debut novel The Historian (Little, Brown, $25.50), has the literary prowess to live up to the hype surrounding its handsome US$2 million advance, coveted movie deal (struck with
      333 words
    • 431 31  -  By PARVATHI NAYAR HE is sometimes called the greatest publisher of the 20th century, and is reported to have said that the best writing in the world should be made available for the price of a packet of cigarettes. In other words, Allen Lane, founder of
      PHOTOS BY ARTHUR LEE  -  431 words

  • 666 32  -  Making Time You wouldn't park your elegant timepieces in cheap tin cans, would you? LARRY WEE gives an update on classy storage boxes and winders LARRY WEE SO you've bought yourself a bunch of watches, and by now they're all over the place. Your dai-ly-wear
    666 words
  • Page 32 Advertisements
    • 35 32 SINCERE fine watch e s This series is brought to you by Sincere Fine Watches PATEK PHILIPPE GENEVE Mt 3s W, bl 1t jj/p*. If|j SINCERE '1l -4 A 'ii'.f-'KKJff C 6*<S&32 I immk r
      35 words