The Business Times, 27 August 2005

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1 22 The Business Times
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  • Title Section
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    17 1 THE BUSINESS TIMES weekend i SINGAPORE 85 cents MICA (P) 089/03/2005 August 27-28, 2005 online at http://business-times.asial.com.sg
    17 words
  • Article
    Lock icon Asia Medic may get Salim JV as investor
    767 1  -  Option will allow up to 27.76% stake to be acquired By CHEN HUIFEN [SINGAPORE] Local outfit Asia Medic has become the secqnd healthcare player to have attracted a major foreign investor in recent months and this time the interest comes from one
    767 words
  • Article, Illustration
    Lock icon Bigger prime apartments back in favour with buyers
    819 1  -  Some developers react fast to sudden trend change by reconfiguring projects By ARTHUR SIM [SINGAPORE] The property market has made a U-turn at least in terms of demand for larger units in prime districts. And developers are having to respond fast. "Trends
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  • Article
    Lock icon MARKETS DIGEST
    138 1 STI 2.286.55 (+2.15) ST INDEX FUTURES 2,287.00 (+8.00) SIMSCI 271.09 (+0.29) SIMSCI FUTURES 271.50 (+2.00) MARKETS Friday Change KLSECOMP 918.38 -1.47 NIKKEI 215 12,439.48 +34.32 HANG SENG 14,982.89 +93.79 SET INDEX 695.89 +3.75 JAKARTA COMP 1.048.87 -12.97 MANILA COMP 1.934.56 +8.88 SEOUL COMP 1.086.55 -10.74 SHENZHEN B 217.87
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  • Page 1 Advertisements
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  • TOP STORIES
    • Article, Illustration
      Lock icon Theglobalistquiz
      364 2 Source: The Globalist Oil's Number Two Most people know which country has the world's largest oil reserves Saudi Arabia. The desert kingdom has some 262 billion barrels of proven oil reserves* underscoring its position as the world's leading oil exporter. We wonder: Which country has the world's second-largest proven
      Source: The Globalist  -  364 words
    • Article
      Lock icon Manufacturing growth still on track
      532 2  -  July output falls short on pharma decline and spike on June data By ANNA TEO [SINGAPORE] July's industrial output was below expectations but overall, the trend of steady recovery remains intact. Total manufacturing grew 5.9 per cent last month, well below's June's 11.6 per cent
      532 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      435 2 All eyes on local banks' Chjna forays WH*H Temasek Holdings potentially becoming the biggest foreign player in China's financial services sector, the spotlight has'betjn thrown on Singapore's three banking groups too. But whether they succeed or flounder as some of their past experiences in the region indicate, only
      435 words
    • Article
      Lock icon No info about possible terrorist attacks: MHA
      443 2  -  By JEAN CHUA [SINGAPORE] The government has not received any information about possible terrorist attacks on Singapore, the Ministry of Home Affairs said yesterday. MHA was responding to a report in a foreign newspaper, which quoted a security analyst as saying Singapore may
      443 words
    • Article
      Lock icon July sees record number of visitor arrivals here
      325 2  -  By DANIEL BUENAS [SINGAPORE] Singapore welcomed a record 876,561 visitors in July, registering a 9.2 per cent growth over the same period last year, while average occupancy rates (AOR) for hotels rose four points to hit a four-year high of 89 per
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    • Article, Illustration
      Lock icon How do we make S'pore a great city?
      876 2  -  SATURDAY SOAPBOX We should rediscover what she already has ARTHUR SIM Correspondent IT WAS sobering to hear Prime Minister Lee Hsien Loong actually say it, but it seems a sense of reality is settling in over Marina Bay. Speaking to an enraptured
      876 words
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      30 2 BT ONLINE Access to BT Online is free after 6pm each day. But print subscribers can access our online news anytime. Call 6388-3838 to subscribe and activate your online account
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  • RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Dr Herbal
      2270 3  -  Nutraceuticals is starkly different from real estate investment and banking, but Mr Gow is determined to make his mark in the growing business, writes JAIME EE JAIME EE AS a little boy growing up in California, Robert T Gow probably had never heard of hongbaos. If he did,
      CHRIS LOH  -  2,270 words
  • Page 3 Advertisements
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      109 3 Jfc T™\ The Raffles Conversation is brought to you through a I OTT J special arrangement with Raffles International Hotels JL Vfl I I Iv/J and Resorts. The Traveller's Palm in the Raffles INTERNATIONAL International logo is an apt symbol. Not only has water Hotels Resorts stored at the base
      109 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Eyes on banks' China forays
      812 4  -  CORPORATE ANALYSIS Reports of Temasek's mainland deals put focus on Singapore lenders, says JEAN CHUA JEAN CHUA WITH Tern a s e k Holdings potentially becoming the biggest foreign player in China's financial services sector, the spotlight has been thrown on Singapore's three banking groups
      812 words
    • Article, Illustration
      Lock icon Lasseters executive director dies at 49
      349 4  -  By ALEXANDRA HO, EDDIE TOH TAJUDDIN Joe Hok Tan, executive director of Aus-tralia-based Lasseters International Holdings, the first and only gaming company to be listed on Sesdaq, has died. He was 49. The Malaysian-owned and Singapore-listed company told the Singapore Exchange yesterday that Mr
      349 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      4488 4 UNIT TRUSTS FUNDS dit-Euopanns<SSEq.) 94.592/ Ottaroup Aa*t Mgt im L i i iru* U|| (c'mm! an Globs y^ y >l W 0.83/ 06 Asiatnfrasm**** ft772M.8035 Star Euope Bond J 252/ ji nvi SfyEurooeB* 1-143/ OjJWjSporeA/J JliJI rty An>i Tmr Ffltw 1 026/ CitiBond S pore 1344/ S« ,J 1W Citi
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    • Article
      Lock icon Eng Cheong Tower site to be redeveloped
      393 5  -  UOL and Low Keng Huat plan condo-SoHo project there By KALPANA RASHIWALA UNITED Overseas Land and Low Keng Huat are planning to redevelop their Eng Cheong Tower site into a project with a mix of condominium and small office, home office (SoHo) units.
      393 words
    • Article, Illustration
      Lock icon Market ekes out 2.15-point rise as it loses steam
      497 5  -  STOCKS R SIVANITHY Senior Correspondent AFTER a relatively easy start to the month when it looked like nothing could stop the Straits Times Index from adding to its numerous 5 Vi -year highs, traders are now finding it harder to make
      497 words
    • COMPANY BRIEFS
      • Article
        Lock icon Longcheer's full-year net profit up 9%
        77 5 LONGCHEER Holdings, a China-based designer of mobile handsets which was listed on the mainboard in May, has posted a 9 per cent rise in full-year net profit to 111.9 million yuan (S$23.1 million). Its revenue for the year ended June 30 jumped 44 per
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      • Article
        Lock icon ST Marine unit wins US$190m contract
        43 5 SINGAPORE Technologies Marine's US unit VT Halter Marine has won a contract to build four more articulated tug barge units for Crowley Maritime Corp's subsidiary Vessel Management Services Inc. The vessels are valued at about US$190 million.
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      • Article
        Lock icon Cortina to raise $5m from share placement
        43 5 LUXURY watch group Cortina Holdings is issuing up to 15 million new shares at 36.5 cents each to raise net proceeds of about $5.3 million. Proceeds from the private placement will be used as working capital.
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      • Article
        Lock icon Fung Choi posts 41% increase in net profit
        81 5 FUNG Choi Printing and Packaging saw a 41 per cent jump in net profit to HK$103.1 million (S$22.1 million) for the year ended June 2005. Revenue for the Fraser and Neave associated company jumped 53.3 per cent to HK$469 million. F&N said
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      • Article
        Lock icon Raffles Education net profit up 74% to $17m
        77 5 RAFFLES Education Corp's net profit surged 74.6 per cent for the financial year ended June 30 to $17.7 million, as revenue jumped 84 per cent to $59.4 million. It has proposed a final dividend of one cent per share. It said the
        77 words
    • Article
      Lock icon CapitaLand looking for inroads into Japan
      669 5 CAPITALAND ON THE PROWL Bloomberg CAPITALAND Ltd, Southeast Asia's largest property developer, may tie up with Wal-Mart Stores Inc or another retailer in Japan to speed up expansion of its business in the country, said Liew Mun Leong, chief executive of Capita Land. Capita
      Bloomberg  -  669 words
    • Article, Illustration
      Lock icon Over $500,000 from SingTel charity golf
      191 5 A CHARITY golf event held yesterday by Singapore Telecommunications (Sing Tel) has raised more than half a million dollars for underprivileged children in Singapore. Organised as part of SingTel's Touching Lives Fund, the charity event saw 42 business partners of Sing Tel sponsoring 36
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    • Article
      Lock icon MediaRing in placement deal with Venture One to raise $24m
      235 5  -  By RAJU CHELLAM [SINGAPORE] Mainboardlisted Internet telephony company Mediaßing will place 150.33 million new shares with Venture One Finance to raise $24.14 million for acquisitions and investments across Asia. The $24.14 million net proceeds from the new shares at 16.08
      235 words
    • Article
      Lock icon Mid-east stake in CapitaLand condo project
      272 5  -  By KALPANA RASHIWALA A SINGAPORE-BASED vehicle controlled by families in the Middle East is taking a 45 per cent stake in CapitaLand's River Edge condo at Tanjong Rhu, which is slated for launch next quarter. This will halve lead project manager Capita Land's stake
      272 words
    • Article
      Lock icon Hongkong Land venture acquires China site
      293 5 Bloomberg [HONG KONG] Hongkong Land Holdings Ltd one of the city's biggest downtown landlords said a 50 per cent-owned venture bought a riverfront site in the southwestern Chinese city of Chongqing for 540 million yuan (Sslll million). Hongkong Land and partner Chongqing Longhu Real
      Bloomberg  -  293 words
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      67 5 Congratulations to the following winners of the Citibanking Timepiece Lucky Draw. Lenz Tan Koon Bin Chong Tse Koon Tan Swee Guan Tan Hong Chye Goh Sock Mui Ho Siew Choo Foo Chew Lian Yeo Cheng Hock citibank f The lucky draw was held on 25 August 2005. Each winner is
      67 words
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  • PERSONAL INVESTMENT
    • Article, Illustration
      Lock icon BROKERS'TAKE
      912 6  -  Compiled by VEN SREENIVASAN Sembawang Kimtrans Aug 26 dose: 43.5 cents DBS VICKERS, Aug 25 UNDERVALUED marine logistics play: Sembawang Kimtrans (SBKT) is riding on strong demand for coal logistics services in Indonesia. Revenue from the marine and mining segment has grown by 68 per cent from FYO2 to
      Source: Bloomberg  -  912 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      878 6 For week beginning Aug 22 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS SubuntM M* No of Prk* SHAREHOLDING Tram Shareholder/ Soil Shares Par Mora Altar stock Data D if act Of Conv 000 She S ('000) I' 000 Comfort Delgro 24-Aug-05 Kuan Hong Pak OE 750 0.82 874 0.04 1624
      878 words
    • Article, Illustration
      Lock icon Japan – renaissance or another false dawn?
      700 6  - Japan renaissance or another false dawn? The odds for a sustained recovery in her economy are better than at any time since 1990 By TONY DOLPHIN INVESTORS are getting excited about Japan again. Not for the first time since the Nikkei bubble burst in 1990 and the economy slid into
      AP  -  700 words
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  • BT INVESTMENT ROUNDTABLE
    • Article, Illustration
      Lock icon India's great potential
      3464 7 OVERVIEW INDIA'S growth rates have picked up and it now seems that a 6-7 per cent GDP (gross domestic product) growth rate is sustainable over the medium term. India's Prime Minister, Manmohan Singh, has predicted that this year the economy will grow 7 per cent at a
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  • SINGAPORE NEWS
    • Article
      Lock icon Asia-Pac consumers swear by smart cards: poll
      496 8  -  70% in Visa survey feel that such cards will change the way people pay for things By AMIT ROY CHOUDHURY ABOUT 70 per cent of Singapore and Asia-Pacific consumers think smart cards will revolutionise the way people pay for things. Smart cards are
      496 words
    • Article, Illustration
      Lock icon A playwright who plays many roles
      1033 8  -  By PARVATHI NAYAR GIRISH Karnad is many things playwright, actor, filmmaker, director and cultural administrator though he would pick the first in that list as the most definitive. Indeed, it is for his contributions to contemporary Indian drama that he was awarded the Jnanpith
      CHRIS LOH  -  1,033 words
    • Article
      Lock icon Best Employers make staff feel important – every day
      456 8  - Best Employers make staff feel important every day By JEAN CHUA IT is easy to say that employees drive the business and how important they are to an organisation, but execution and delivering on that mantra daily is what sets a great company apart from a good one, according to
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    • Article
      Lock icon SINGAPORE ROUNDUP
      171 8 More HDB windows to be retrofitted ONLY about 87 per cent of the 187,000 households that need to have their windows retrofitted have done so even though the grace period for their retrofitting will end on Sept 30, according to the. Building and Construction Authority and the Housing
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    • Article, Illustration
      Lock icon KPMG donates $100,000 to charity
      173 8 IN what has become an annual tradition, accounting firm KPMG yesterday presented cheques for charity on KPMG community Day. KPMG managing partner Bobby Chin gave President S R Nathan a cheque for $100,000 during the community day at SPARKc, Marine Parade. The money was donated
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      518 8 Notices NAM LEE PRESSED METAL INDUSTRIES LIMITED (Incorporated In the Republic of Singapore) Company Number *****0362 M NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an extraordinary general meeting of the Company will be held at 31 Senoko Drive Senoko Industrial Estate Singapore *****6 on Monday,.l2 September 2005
      518 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 2
      321 8 IN THE MATTER OF THE COMPANIES ACT, CAP SO AND IN THE MATTER OF QSK CONSULTANTS PTE LTD (In Mambart' Voluntary liquidation) Co Rog No. 1990O3MN At lha Extraordinary Ganaral Maating« of lha abovanamad Company daamad to ba hald on 27 August 2005 at 138 Cacil Sttaal, #1ftOO Cacil Court,
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  • SINGAPORE INTERNATIONAL
    • Article, Illustration
      Lock icon Next stop: Latin America
      1515 9  -  It may be a 30-hour flight away but the continent offers great potential which Singapore companies are beginning to recognise, reports CHUANG PECK MING CHUANG PECK MING SENIOR Minister Goh Chok Tong is putting a lot of energy into making Singapore's economic presence felt in the
      Source: World Development Indicators; Photo: Reuters. AFP  -  1,515 words
    • Drawn to a distant shore
      • Article, Illustration
        Lock icon Customers take APL to Latin America
        579 9  -  Latin America may be on the other side of the earth, but it's not a new frontier to Singapore companies. Some of them, Singapore Technologies Electronics, for instance, have been there since 1999. Others have established a presence even earlier. Singapore companies have been
        FILE PHOTO  -  579 words
      • Article, Illustration
        Lock icon CrimsonLogic finds big scope
        422 9 A BIG project in Panama which CrimsonLogic clinched in 2003 led the Singaporebased information technology services provider to set up a presence in Latin America last year. "We were awarded the Automated Data Collection System project by the Panama Canal Authority through an international bid," the
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    • Article
      Lock icon Latin America grows 5.7% in 2004
      1037 10  -  Pace is fastest in 25 years, but will ease to sustainable levels, reports CHUANG PECK MING CHUAMC PECK MING LATIN America put up its best showing in 25 years when the region chalked up economic growth of 5.7 per cent last year, but growth
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    • Article, Illustration
      Lock icon Noble Group: strong nerves needed
      450 10 IT was bad timing. When the Singa-pore-based Noble Group started business in Argentina four years ago, the country was in the middle of a crisis. "Three presidents fell under the pressure of mounting social unrest, the peso lost two-thirds of its value, a world record
      450 words
    • Article, Illustration
      Lock icon Sunningdale's search for US gateway
      392 10 DRAWN TO A DISTANT SHORE BEING close to its customers was what prompted Singapore-based Sunningdale Tech to set up a plant in Mexico two years ago. Besides, the.customers demanded it. "In the automotive business, being near our customers is important as time to market is
      FILE PHOTO  -  392 words
    • Article, Illustration
      Lock icon ST Electronic among the early birds in Mexico
      375 10 AMONG Singapore-based companies, Singapore Technologies Electronics was an early bird in Latin America. The specialist in design, development and integration of advanced electronics systems has had a presence in the region since 1999. As part of its drive to go global, ST
      FILE PHOTO  -  375 words
    • Article, Illustration
      Lock icon Dancing to a new tune?
      1407 11  -  PAULO VIEIRA DA CUNHA looks at how the Latin American economies reversed the severe slowdown of the previous decades and what more can be done PAULO VIEIRA DA CUNHA THAT Latin America is volatile is a common tale and a closer look shows that the
      Source: Inter-Amerian Development Bank; Source: HSBC based on IMF/IFS data; AP  -  1,407 words
    • Article, Illustration
      Lock icon A meeting of two hubs
      766 11  -  The S'pore-Panama FTA, likely to be signed by the year's end, brings two major trading ports closer, reports CHUANG PECK MING CHUAG PECK MING A FREE trade deal between Panama and Singapore, expected to be inked by the year-end, will bring two great trading ports
      FILE PHOTO  -  766 words
    • Article, Illustration
      Lock icon A country on the move
      1519 12  -  LETTER FROM BRAZIL More than just samba and Carnival, Brazil offers abundant opportunities to foreign investors as its businessmen start looking outwards to the international market, says TER YEOW MING TER YEOW MING NEVER in my dreams did I imagine '•s'that I would one day
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    • Article, Illustration
      Lock icon The battle for US investments
      1331 12  -  After a dramatic drop in FDI to just US$500m in 2001, Latin America is beginning to look attractive to US manufacturers again. PETER KOUDAL looks at the trend PETER KOUDAL THE competition for foreign direct investment (FDI) in global manufacturing is growing ever more intense
      BLOOMBERG  -  1,331 words
  • Page 9 Advertisements
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      37 9 This monthly series on Singapore companies overseas is jointly brought to you by The Business Times and IE Singapore The Business times The next in the series will focus on Vietnam. It will appear on Sept 22
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  • REGION
    • Article, Illustration
      Lock icon Baidu loses steam after meteoric debut
      507 13 AP [NEW YORK] Baidu.Com Inc's bubble has already deflated remarkably, less than three weeks after its US stockmarket debut. The Chinese Internet search engine's shares soared 354 per cent to U*****.54 on their first day of trading on Aug 5 a rise that, for
      AP; Source: Bloomberg  -  507 words
    • Article
      Lock icon JPMorgan withdraws from US$700m Indon pulp mill buy
      238 13 [JAKARTA] JPMorgan has withdrawn from a consortium working to buy a debtridden Indonesian pulp mill from the one-time son-in-law of former president Suharto, effectively scuttling the deal and beginning its own talks to acquire the business, says a report in the Financial
      238 words
    • NOTE BOOK
      • Article
        Lock icon HK economy surprises with 3% Q2 growth
        75 13 Bloomberg [HONG KONG] Hong Kong's economic growth unexpectedly gathered pace in the second quarter as rising demand for Chinese-made toys, clothes and electronics boosted exports and spurred corporate investment. Gross domestic product rose a seasonally adjusted 3 per cent from the previous three
        Bloomberg  -  75 words
      • Article
        Lock icon China still battling speculative investment
        77 13 AP [SHANGHAI! China is still struggling to rein in excess and speculative investment, said Ma Kai, head of the National Development and Reform Commission. He said the government will step up efforts to reform state industries and commercial banks, while keeping real estate speculation under
        AP  -  77 words
      • Article
        Lock icon Genting reports 14.3% increase in Q2 earnings
        54 13 Reuters [KUALA LUMPUR] Malaysia's casino-to-power group Genting Bhd yesterday said its second-quarter earnings rose 14.3 per cent from a year earlier. Genting, which owns Malaysia's sole casino, said net profit rose to RM256.56 million (Ssl 13.8 million) for the April-June period from RM224.5
        Reuters  -  54 words
      • Article
        Lock icon Rafidah expects to seal FTA with Australia by mid-2006
        115 13 AFP [KUALA LUMPUR] Australia and Malaysia are on track to conclude negotiations for a free trade agreement by mid-2006, Malaysian Trade Minister Rafidah Aziz said yesterday after talks with her counterpart Mark Vaile. "We hope to complete the process by mid-next
        AFP  -  115 words
      • Article
        Lock icon Air Asia earnings fall 30% on high fuel prices
        78 13 AFP [KUALA LUMPUR] South-east Asia's leading low-cost carrier Air Asia yesterday said its net profit for the year to June slumped 30.2 per cent to RM111.63 million (5549.5 million) from an earlier forecast. Air Asia blamed higher fuel prices and a
        AFP  -  78 words
      • Article
        Lock icon Bank Lippo approves stake sale to Khazanah
        102 13 Bloomberg [JAKARTA] Shareholders of PT Bank Lippo, Indonesia's ninth-largest lender, approved an offer by Malaysia's Khazanah Nasional to buy a controlling stake in the bank. The acquisition is expected to be completed by the end of September, Bank Lippo president Joseph Luhukai told
        Bloomberg  -  102 words
      • Article
        Lock icon Credit Agricole in JV talks with Chinese bank
        83 13 Reuters [LONDON] France's Credit Agricole is in talks with the state-backed Agricultural Bank of China to form a fund management joint venture, the Financial Times reported yesterday. The French bank has "very recently" opened talks with China's No 4 bank and the
        Reuters  -  83 words
    • Article, Illustration
      Lock icon Maybank to acquire insurer MNI
      471 13  -  Move seen to consolidate PNB's financial assets under Maybank Reports by S JAYASANKARAN in Kuala Lumpur IN yet another move by a Malaysian bank to acquire an insurer, Maybank announced yesterday that it had received approval from the central bank to start talks to buy
      AFP  -  471 words
    • Article
      Lock icon Maybank profit up by a mere 3.3%
      356 13 MAYBANK, Malaysia's biggest lender, announced RM2.5 billion (Ssl.l billion) in net profit for the year to end-June 2005. The results, only 3.3 per cent higher than the previous year, surprised analysts who had expected a figure near RM2.6 billion, or a gain of
      356 words
    • Article
      Lock icon BURSA MALAYSIA
      2304 13 VOl General Corp 042 -0.01 6 Aeg» Ml O00> Genting 19.40 unch 896 George Kent .0.59 unch 96 A4MReelty 130 unch 16 GHLSysterm. .0.17 -0.01 903 Abrk -4X37 unch 13 GlobetroniaTech 4)34 -0.01 879 ACP Industries 442 -04)1 60 Glomaclhd -.140 -0.01 101 Advance Synergy 037 04)1 67
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    • Article
      Lock icon India, China take first steps in energy tie-ups
      408 14 But cooperation does not exclude competition: Indian official Reuters [NEW DELHI] Plans by Asian giants India and China to mount joint bids for foreign energy projects are still at a "pioneer" stage and will not end their rivalry for resources, a top
      Reuters  -  408 words
    • Article, Illustration
      Lock icon India's media alive and kicking
      577 14  -  INDIA INSIGHT Prophets of doom are proven wrong in their analysis of the print media ASHOK KUMAR Half a decade ago, with the Y2K worldwide stock market boom at its peak, there was no dearth of skeptics who predicted the death-knell of the Indian print
      577 words
    • Article
      Lock icon China denies market talk of further yuan revaluation
      177 14 Reuters [BEIJING] China's central bank yesterday denied market rumours that it would soon further revalue the yuan, saying the market would determine the exchange rate. Talk in markets from Tokyo to Singapore that China could revalue the yuan by one per cent
      Reuters  -  177 words
    • Article
      Lock icon SGX MAINBOARD
      7264 14 Transaction date: Aug 26 52-Wk T«l lad Vol Day Lact Quota GrOtv Mr GrVM Nat MCap Low Coda Cowpawy Sala *i- COOP) High Low My* Sdto Cw Hi Sw* 10 2.5 5716 1st Software 5c 3 unch 3581 3 2.5 2.5 3 12.1 30 8.5 3148 8TelecomUS2c 8.5
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    • Article, Illustration
      Lock icon India's animation captures the world's imagination
      503 15 Cartoon business there is expected to grow by 20% this year from US$300m AFP [MUMBAI] The world is 'tooning in to Indian animation. Piggley Winks, Jack Frost, Ali Baba, Clootie and Dumpling, The Three Amigoes, Cyber Dodo, FrogSkool the list of Indian-made animated television
      AFP  -  503 words
    • Article
      Lock icon SGX
      5855 15 Transaction Date: Aug 26 MOST ACTIVE STOCKS VOLUME VALUE GlobalTest 10c 69.460.000 DBSGrp 49.346.808 Chinalife US5c 32.533.000 CapitaLand 39.079.029 Biosensors USO.OIc 30.530.000 Biosensors USO.OIc 31.524.890 SembKimtrans 10c 28.871.000 Keppel Corp 50c 27.772.456 Asiamedic 5c 24.347.000 UOB 27.087.700 LMA USO.OIc 21.423.000 JSH US5c 500 25.754.028 UniFiber 10c 20.076.000 SingTel 15c
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Greenspan does it his way, thank you
      837 16 Exiting as Fed chief, he's leaving a brilliant record but a murky legacy NYT [JACKSON HOLE, Wyoming] ALAN Greenspan was at the height of his success as chairman of the Federal Reserve in November 1999: The economy was booming, inflation was negligible and
      NYT  -  837 words
    • Article
      Lock icon Protectionism, deficit threatening US
      278 16 AP. AFP [JACKSON HOLE, Wyoming] Creeping trade protectionism and bloated budget deficit pose a fisk to the United States' long-term economic vitality, Federal Reserve chairman Alan Greenspan warned yesterday. "Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are
      AP.; AFP  -  278 words
    • Article, Illustration
      Lock icon A case for privatising the war on terror
      823 16  -  LIGHT REED Inject a bit of honest competition into national security and let the best corporation win CHRISTOPHER REED The trouble with a national security state is that it is run by bureaucrats. You know them those robotic desk-bound zombies who, to
      823 words
    • Article
      Lock icon Kodak aiming to make its brand innovative and cool
      457 16 NYT [NEW YORK] Most corporate marketers would be overjoyed if consumers considered their brand to be a loyal, reliable, trustworthy old friend. Not Carl E Gustin, Eastman Kodak's marketing chief. He wants Kodak to be not just warm and fuzzy, but
      NYT  -  457 words
    • WORLD WATCH
      • Article
        Lock icon CPI data show Japan still stuck in mild deflation
        115 16 [TOKYO] Japan remains stuck in mild deflation, keeping a rein on the gradually growing optimism about the country's economic recovery, the Financial Times reported yestercfey. The core index of consumer pricey which excludes volatile fresh food pricey fell 0.2 per cent
        115 words
      • Article
        Lock icon Australia may use some Telstra funds to pay debt: Howard
        85 16 Bloomberg [CANBERRA] The Australian government may use some ojthe estimated A 533.8 billion (5542.9 billion) proceeds from its planned sale of Is remaining stake in Telstra Corp to jjay debt, Prime Minister John Howard said- The rest of the proceeds
        Bloomberg  -  85 words
      • Article
        Lock icon US Michigansentiment index falls to 89.1 in August
        109 16 Bloomberg [WASHINGTON US consumer confidence fell for the first <me in three months in August as Americans paid record prices at the gasoline pump. The University of Michigan's index of consumer sentiment declined more than expected to 89.1 from July's 96.5, the
        Bloomberg  -  109 words
      • Article
        Lock icon Novell's Q3 profit slumps 91% to US$2m on falling revenue
        73 16 Reuters [SEATTLE] Novell, Inc, which provides networking software and update services for Linux, reported a 91 per cent drop in quarterly profit on Thursday as revenue fell slightly. Novell said it had a profit of US$2 million in the third
        Reuters  -  73 words
      • Article
        Lock icon GM's Holden unit to eliminate 1.400 jobs at Adelaide plant
        77 16 Bloomberg [SYDNEY] General Motors Corp's Australian unit will eliminate I,4oojobs, or 15 per cent of its workers, as it loses market share to cheaper imports and overseas sales are hurt by the stronger local currency. General Motors Holden will reduce
        Bloomberg  -  77 words
    • Article
      Lock icon Oil analysts' star rising with oil
      315 16 NYT [NEW YORK] A prophet has no honour in his own country, but that is no longer the case with oil analysts, who have received unusual attention in recent months as the price of crude spirals to new highs. "This all goes in cycles,"
      NYT  -  315 words
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  • MOTORING
    • Article, Illustration
      Lock icon As attractive as its name
      461 17  -  The order books for two sporty new models have opened. SAMUEL EE looks at what the Nissan Murano SUV and Mazda MX5 roadster have to offer SAMUEL EE JAPANESE carmakers are famous for naming their models after inappropriate nouns, incongruous adjectives or simply non-existent words.
      461 words
    • Article, Illustration
      Lock icon Bigger, better and more powerful, but still sexy
      338 17 THE sexy roadster with the classic drivetrain and affordable price tag will swoop in next month for all its admirers to view. But before that, Mazda Motor Singapore will begin taking orders this weekend for the new Mazda MXS. Deliveries are expected
      338 words
    • Article, Illustration
      Lock icon Audi distributor expands niche model range
      305 17 NICHE models look like they are becoming a specialty of Audi distributor Premium Automobiles. The company says it sold an Audi ABL 6.0 quattro last month, even as it introduces three new premium models a compact hatchback, the A3 Sportback; and two estates, the
      305 words
    • Article, Illustration
      Lock icon Two-wheel drive good, four-wheel drive better?
      631 17  -  Reports by SAMUEL EE IT'S not every day that one gets to break the speed limit on a Singapore road repeatedly and not get caught. But then, it's not every day that a Singapore road is cordoned off so that you get to perform
      631 words
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  • GOLF
    • Article, Illustration
      Lock icon Serious about golf? Then study in US
      1303 18  -  Universities in the US offer first-rate golf scholarship programmes. JUSTINE MOSS speaks to three who have benefited from mixing golf-and studies JUSTINE MOSS GOLF isn't the only thing Sin-gapore-based pro Lam Chih Bing has in common with world number three and recent PGA
      PHOTOS BY JUSTINE MOSS  -  1,303 words
    • Article, Illustration
      Lock icon Volunteers wanted for S'pore Open
      377 18  -  By VEN SREENIVASAN WANT to get up close and personal to some of the world's leading golfers? Then sign up to be a volunteer at the upcoming Singapore Open. The organisers of the event are looking for about 500 volunteers to help marshal and keep
      FILE PHOTO  -  377 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      195 18 CRYPTIC CROSSWORD 24 Lofty going hospital with detective using ad- 7 Rug Anita randomly covered YESTERDAY'S SOLUTION vanced applied science (4-4) with cheese! (2,6) Across: 1 Precambrian, 10 Arden, 25 Hurry taking Leonard back 8 Adjourn although ready with n Repairing, 12 Landowner, 13 In from brook (6) new ideas
      195 words
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  • WELLNESS
    • Article, Illustration
      Lock icon Band-aid weight loss
      1237 19  -  The band and the balloon can help those who want to lose more than a few kilos. CHEAH UI-HOON finds out how these two treatments can jumpstart a person's diet regime CHEAH UI-HOON THE battle against the bulge gets some heavyweight contenders in the form of balloons
      1,237 words
    • Article, Illustration
      Lock icon Blasting your fat cells away
      603 19  -  By NGIAM YING LAN BODY WRAPS. Slimming pills. Fad diets. That totally fabulous workout machine. Weight-loss regimes are a dime a dozen these days, but how many really deliver on what they promise?' And even if they do, is there any assurance results will stay?
      603 words
  • Page 19 Advertisements
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      779 19 »>».** M V"**" "HfH >w •*WinG&dinG withweekendßT iffffffiTtiii m|||™m giflliWffiii ■>>■ f ITI- it- r If 1 I ill! Azuma Japanese Restaurant Coleman's Cafe your palate. 218 Queen Street Tel: *****119 #03-01 Cuppage Plaza. Tel: 6738 9395 Peninsula Excelsior Hotel, Level 5 Try Skylight Cafe's weekly lunch special of Chicken
      779 words
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  • SHOPPING
    • Article, Illustration
      Lock icon Right at home with fashion
      1400 20  -  CAT ONG finds cutting-edge Thai designers doing brisk business at Bangkok Fashion Week CAT ONG IN Thailand, says leading fashion writer Watcharin Phongsai, "where many people are still struggling just to feed themselves, the fashion industry cannot afford to be friVolous." While the philosophical issue
      1,400 words
    • Article, Illustration
      Lock icon The revamp worth waiting for
      517 20  -  Robinson's showcases a smart new range of merchandise with an easy-to-navigate shop-within-shop model. By CHEAH UI-HOON CHEAH UI-HOON SHOPPING at Robinson's is better signposted and there are new, snazzy brands now, although don't be expecting to see a completely cutting-edge look. Instead, the main changes
      517 words
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  • Article, Illustration
    Lock icon TRAVEL
    1344 21  -  Alaska, the northernmost 49th state of the United States, holds spectacular appeal for those seeking temporary respite from the stresses of urban life. GEOFFREY EU savours nature in all its majesty in this outing into the Alaskan interior GEOFFREY EU OFFICIALLY, Alaska may be part of the United States,
    PHOTOS BY GEOFFREY EU  -  1,344 words
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  • THE BUSINESS TIMES weekend
    • Article, Illustration
      Lock icon Sweet taste of success
      1390 22  -  Ice cream isn't just ice cream anymore. There's supermarket quality, premium factory quality and increasingly, home-style ice creams that remind you of the simple days of teh tarik and bandung. CHEAH UI-HOON gets out her ice cream scoop CHEAH UI-HOON REMEMBER the days when the ice-cream
      FILE PHOTOS  -  1,390 words
    • Article, Illustration
      Lock icon Melt-in-your-mouth mooncakes
      758 22  -  By JAIME EE,CHEAH UI-HOON MOONCAKES have gone from the oven to the freezer, and the results are icy-cold delicious. Top of the heap and also the priciest would be Haagen Dazs's new range of ice cream mooncakes, which look like the real thing, feel like the real thing,
      758 words
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