The Business Times, 1 March 2006

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Total Pages: 32
1 32 The Business Times
  • 14 1 THE BUSINESS TIMES SINGAPORFBTcents online at http://business-times.asial .cofTi.sg MICA (P) 099/03/2006 Wednesday, March 1,2006
    14 words
  • 780 1  -  Some of the latest increases are the biggest in 6 years By KALPANA RASHIWALA [SINGAPORE] Significant increases in development charge (DC) rates to enhance land use could affect collective sales and the rejuvenation of the old Central Business
    780 words
  • 134 1 sn 2481.96 (+4.59) ST INDEX FUTURES 2,485.00 (+8.00) SIMSO ***** (+1.35) StMSCI FUTURES 294.70 (+1.60) MARKETS Tuesday Change KISECOMP ***** +4U8 NIKKEI 225 16,205.43 +12.48 HANG SENG 15.918.48 -31.41 SET INDEX 744.05 -9.05 JAKARTA COMP U30.66 -4.76 MANILA COMP 2,122.96 +33.60 SEOUL COMP 1,371.59 3.29 SHENZHEN B 250.06
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  • 733 1  -  UOB was most profitable last year while DBS earnings fell 59% By LESLIE YEE tSINGAPORE] Singapore's local banking trio DBS Group, United Overseas Bank (UOB) and OCBC Bank reported a combined net profit of $3.83 billion for 2005, a 16.7 per cent
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  • TOP STORIES
    • 466 2  -  Harry Koh to be sentenced on Friday on 13 charges including insider trading By WONG WEI KONG [SINGAPORE] Brilliant Manufacturing's former executive chairman and pianaging director Haury Koh Soe Khon yesterday pleaded guilty and was convicted of 13 charges in an insider trading case.
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    • 414 2  -  By ALEXANDRA HO [SINGAPORE] After hinting at the number of world-re-nowned architects it will bring in for its Marina Bay integrated resort (IR) bid, the MGM Mirage-Capita-Land consortium announced yesterday that New York-based Kohn Pedersen Fox Associates (KPF) will be the
      YEN MENG JIIN  -  414 words
    • 536 2 Trade with China climbs 26% to hit USs33b in 2005 TRADE between Singapore and China grew 25.8 per cent to U5533.15 billion last year and the hope is for US$5O billion by 2008, the Chinese Embassy in Singapore said yesterday. China's imports from Singapore rose 18 per exports
      536 words
    • 584 2 INDIA BUDGET Spending will go up 11% to 5.64t rupees next year Bloomberg. Reuters [NEW DELHI] India will increase investment in power plants, roads and ports to help boost annual economic growth to 10 per cent and challenge China as the World's
      Bloomberg.; Reuters  -  584 words
    • 650 3  -  In same auction, house of former Citiraya chief was sold to neighbour for $3.08 m By KALPANA RASHIWALA [SINGAPORE] Listed construction group Top Global is the new lessee of the Singapore Tennis Centre site along East Coast Parkway after 81 bids were
      ARTHUR LEE  -  650 words
    • 506 3  -  By MATTHEW PHAN [SINGAPORE] Trade between Singapore and China jfctfew 25.8 per cent to U5533.15 billion last year and the hope is for OS$5O billion by 2008, the Chinese Embassy in Singapore said yesterday. China's imports from Singapore rose 18
      Source: Embassy of People's Republic of China to Singapore Economic & Commercial Counseller's office  -  506 words
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  • Page 3 Advertisements
    • 353 3 \/\iO Sony recommends Windows XP Professional. no more bounds v. *V like.no.other Intioducinq the .ill new VAIO TX. made Iroin lightweight and <it it. ililr > carbon libre (.i cutting-edge material once exclusively used for airplanes .ind I onmil.i One r.icc cat s). Now equipped with stale of the-ail technologies,
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  • Page 4 Advertisements
    • 138 4 ■■nanyang TECHNOLOGICAL UNIVERSITY School of Computer Engineering Applications are open The School of Computer Engineering (SCE) at Nanyang Technological University now and will close on offers Master of Science (MSc) programmes in three leading fields: Bioinformatics, 31 March 2006. Digital Media Technology, and Embedded Systems. Visit www.ntu.edu. These MSc programmes
      138 words
  • COMPANY NEWS
    • 568 4  -  It'll focus on M'sia, Indonesia and China, and explore Indochina market By LESLIE YEE OCBC Bank yesterday reported a net profit of $341 million for its fourth quarter ended Dec 31, 2005 up 24 per cent from the year before, and better than the
      ARTHUR LEE  -  568 words
    • 711 4  -  HOCK LOCK SIEW By VEN SREENIVASAN A GOOD strategic fit between two companies which are familiar and comfortable with each other is how Janet Tan, founder and chief executive of mainboardlisted aerospace component supplier ASonic Aerospace, described a tie-up between her company
      711 words
    • 1052 6  -  Buoyant economy leads to robust earnings and increased dividends By SIOW LI SEN THE buoyant economy resulting in strong earnings and higher dividends has pushed the market capitalisation of the Singapore stock market to record levels. The market cap at the end
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    • 280 6  -  By ALEXANDRA HO EVEN as City Developments (CityDev) reports a fall in profit for the financial year ended Dec 31, chairman Kwek Leng Beng expresses confidence that the local property market is on the upswing, with CityDev poised to benefit. Profits
      280 words
    • 586 6  -  Fuel costs were US$lB2 million higher in 2005 By DONALD URQUHART STUNG by soaring fuel prices, Neptune Orient Lines (NOL) saw its fourthquarter profit plunge 54 per cent its first profit drop in 12 consecutive quarters of growth as Chinese exports continued to
      YEN MENG JIIN  -  586 words
    • 439 6  -  By RONNIE LIM SEMBCORP Industries "yesterday declared it will bid on its own steam for one of the three big generating companies being divested by Temasek Holdings. The genco sale will likely follow liberalisation of the gas market here sometime in the first half. Tang Kin
      439 words
    • 455 6  - SembCorp's Q4 earnings drop 61 By CONRAD RAJ SEMBCORP Industries saw a 61 per cent year-on-year fall in net profit to $90.5 million for its fourth quarter ended Dec 31, 2005. The Q4 earnings compare with $234.6 million in the previous corresponding quarter, which included a net exceptional gain of
      455 words
    • 264 6 NUMBER CLOSING GROSS MATURITY YEAR RAISED COUPON AMOUNT INTEREST OF DAYS OF PRICES* REDEMPTION ISINCODE DATE RATE ($m) PAYMENT ACCRUED (EXCLUDING YIELD (%pLa.) DATES INTEREST ACCRUED INTEREST) (%pj.) _j 01.08.2006 N*****1F 2004 1 3/8 2600.00 1/2 1/8 27 9943 2.73 SG72S*****17
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    • 539 7 Profits at Shin Corp's Advanced Info drop 7% to 18.9b baht By OUR CORRESPONDENT in Bangkok ADVANCED Info Service, Thailand's largest mobile phone operator, yesterday reported 2005 net profits slightly down on the previous year's, following intense competition. Advanced, which is still undergoing
      539 words
    • 338 7  -  By MICHELLE QUAH FINANCIALLY troubled China Aviation Oil (CAO), which collapsed under a mountain of trading losses in 2004, has clawed its way back into the black for FY2005. Yesterday it also unveiled changes to its board set-up to improve corporate governance days before
      338 words
    • 236 7  -  By RONNIE LIM CHINA Petrotech Holdings an IT software and technological services provider to China's big oil players like PetroChina, Sinopec and CNOOC saw net profit grow 29 per cent to 53.6 million yuan (Sslo.B million) for FY2005. Revenue rose 9 per cent to 66.5
      236 words
    • 226 7  -  By AMIT ROY CHOUDHURY UOB-Kay Hian, one of Singapore's leading brokerages, has announced a marginal 0.2 per cent rise in net profit to $16.7 million for its financial fourth quarter ended Dec 31, 2005. Total revenue for the quarter gained 13.8 per cent
      226 words
    • 325 9 Move to raise 1.84 m from sale to oil businessman Derek Radcliffe GLOBAL Ariel Limited yesterday said it has entered into an agreement to sell 122.5 million new shares at $0.015 each to oil businessman Derek Radcliffe, which will raise about $1.84 million
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    • 302 9  -  By AMIT ROY CHOUDHURY SUPER Coffeemix Manufacturing yesterday announced that popiah king Sam Goi and tycoon Oei Hong Leong have taken up positions in the company, which is intensifying its marketing. Mr Goi yesterday took up the job of vice-chairman and non-executive director. Mr
      302 words
    • COMPANY BRIEFS
      • 96 9 PACIFIC Internet said in a statement yesterday that while it has received a letter from MediaRing, it has not entered into any discussion with it on its takeover bid. MediaRing on Feb 27 announced its plan to acquire PacNet, subject to necessary approvals. PacNet said MediaRing
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      • 69 9 ASIA Food Properties Ltd returned to the black with a net profit of $114.4 million in fiscal 2005 which ended on Dec 31. In 2004, the company had a net loss of $43.7 million. The company's revenue was up by $13.7 million to $2.53 billion.
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      • 78 9 GOLDEN Agri-Resources Ltd announced a 14 per cent jump in net profit to US$74.6 million in the fiscal year ended Dec 31. The previous year's net was US$65.5 million. The jump in net profit came on the back of a 7.8 per cent increase
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      • 89 9 SC GLOBAL Developments Ltd's net profit for the year ended Dec 31,2005 was down 60 per cent to $9.4 million from $26.6 million a year ago. This was due mainly to lower contribution from its associated company, AVJennings Homes, in Australia. Revenue rose 80 per
        89 words
      • 62 9 QAF Ltd's net profit more than doubled to $23.9 million in the year ended Dec 31,2005 from 10 million. This came on the back of a 43 per cent hike in revenue to $885.9 million. The company has proposed a first and final dividend of
        62 words
      • 45 9 EDUCATION service provider TMC Education Corp said it returned to the black for 2005, recording a net profit of 1.17 million compared to a net loss of $4.65 million a year ago. Turnover rose 4.6 per cent to $12.30 million.
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      • 89 9 HOTEL operator Apollo Enterprises Limited said its fourth quarter to end December 2005 net profit rose to $1.61 million compared to $0.05 million a year ago. Turnover for the quarter rose to $20.80 million from $17.90 million. For the full year 2005, it returned to
        89 words
      • 52 9 SUPERIOR Multi-Packaging Limited, a maker of metal containers, packaging containers and stainless steel products, said net profit for 2005 fell 61.3 per cent to $0.52 million from $1.35 million previously. Turnover rose to $114.32 million from $94.08 million. It plans to keep dividends unchanged at 4
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      • 51 9 OIL and gas related Federal International (2000) Ltd said its net profit for 2005 rose to $5.08 million compared to $4.90 million previously. Turnover slipped to $90.90 million from $111.62 million. The company is planning a higher dividend of 0.80 cents versus 0.60 cents
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      • 55 9 ASIA Water Technology Ltd, a water treatment specialist company, said its net profit for 2005 rose to 39.43 million yuan (SsB million), up from 24.02 million yuan. Turnover climbed to 397.34 million yuan from 225.60 million yuan. It is declaring dividend of 20.00 per cent, compared
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      • 36 9 BREADTALK Group Limited reported net profit of $1.2 million for the year ended Dec 31, 2005, reversing a net loss of $31,000 in FY2004. Turnover rose 89.9 per cent to $95.3 million.
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      • 38 9 E-BUSINESS solutions provider Adroit Innovations Limited said its net loss for 2005 widened to $1.08 million from $0.65 million the previous year. Turnover for the period, however, rose to $0.83 million from $0.76 million previously.
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      • 41 9 REAL estate related Hersing Corporation Ltd said its net profit for 2005 climbed to $1.85 million from $0.32 million a year ago. Turnover was $57.32 million compared to $38.94 million previously. It has proposed dividend of one cent.
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      • 47 9 PRECISION engineering specialist in foam and rubber mechanical components, Armstrong Industrial Corporation Limited, said net profit for 2005 grew 37.9 per cent to $8.1 million from $5.9 million a year ago. Turnover rose by 13 per cent to $127.9 million, from $113.3 million.
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      • 74 9 KIAN Ho Bearings Ltd, a seller of bearings and seal products, said net profit for the year to Dec 31,2005 rose 32 per cent to $6.27 million, up from $4.74 million previously. Turnover was at $91.78 million compared to $83.70 million previously. It is planning
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      • 38 9 NETWORK Foods International Ltd, a maker of confectioneries and seller of gift hampers, said 2005 net profit slipped to $0.72 million from $2.29 million previously. Turnover was at $44.83 million, up from $43.07 million.
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  • Page 5 Advertisements
    • 996 5 BT advertorial I Austria's Zentralbank, a highly experienced HEADQUARTERED in Vienna, Austria's Raiffeisen the investment the marAr r °P e operates under the umbrella feisen International Bank-Holding (Raiffeisen International) covering with ap- proximately 3,000 business outlets. Since itwent public fest April, Raiffeisen International's share price has more than was the
      996 words


  • Page 7 Advertisements
    • 410 7 MOO-VING AHEAD IN CHINA'S GROWING DAIRY INDUSTRY '4^H H '-J^l 4 EX. ■kfer r\ J^H jb:, 6 ;<, c w V. #<ii«iIHH o^^HmL 1 -'V SEw?' l li T" 1 j JiJ Bte h I Li kmBASED IN HEILONGJIANG, OUR SUBSIDIARY IS THE LARGEST COMPANY SPECIALISING IN THE PRODUCTION OF
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  • SINGAPORE MARKETS
    • 523 8  -  STOCKS For a second straight day, STI rose while the broad market fell R SIVANITHY Senior Correspondent BUYING and holding the index may not hold much thrill for active traders who thrive on the cut-and-thrust of daily trading, but you would be hard pressed to
      The Business Times, Dec 5, 2005  -  523 words
    • 1042 8 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Feb 28 and earlier) Subsantial No of Price SHAREHOLDING SubMHtU! Mo of Pries SHAREHOLDING Trans Shareholder/ Buy/ Shares Per Before After Traits Sharohaider, B«y/ Shares Par Before After Stock Oate Director Sail 'BOO Shr cooo) COOO) Stock Pate Wracter So* 'OW
      1,042 words
    • Article, Illustration
      581 8  -  Compiled by UMA SHANKARI Jurong Technologies Feb 28 dose: $1 JO MERRILL LYNCH RESEARCH, Feb 27 2005 results were broadly in line with expectations. As expected, strong sales in wireless PCBA and box build continue to drive earnings growth in 4Q05. Sales for the quarter increased 39 per cent
      Source: Bloomberg  -  581 words
    • 439 8 CURRENCIES AFP [TOKYO] The US dollar pulled away from one-month lows against the yen in Asian trade yesterday, winning some respite from speculators betting on an end to Japan's ultra-loose monetary policy, dealers said. The US dollar rose to 116.36 yen in Tokyo afternoon trade from
      AFP  -  439 words
    • 279 8  -  CHART POINT By YEO KEE YAN, chartist at Kelive Research STRONG interest in blue chips yesterday drove the Straits Times Index above its trading band upper limit of 2,450 to an intra-day hi'gh of 2,490. Microcaps, which have been in consolidation mode over over
      279 words

  • Page 9 Advertisements
    • 202 9 Chang* I. kuotllul thing Our new Iron mark heralds a baautlful naw ara. Raflactlng Volvo's naw Inaplrad contemporary designs, alao rapraaanta our vigour We make a beautiful thing for life And now, we're making II ■I V a beautiful thing too Volvo SBO Tha special edition Volvo S4O Volvo S6O
      202 words

  • SINGAPORE NEWS
    • 587 10  -  YESTERDAY IN PARLIAMENT Some call for steps to ensure R&D funds are well used; SME issues aired By CHUANG PECK MING AMID the loud praises heaped on a "generous and compassionate" Budget and calls cautioning against going down the slippery slope of
      587 words
    • 477 10  -  By DANIEL BUENAS LAS Vegas may be best known for its casinos, but the new Singapore campus of the University of Nevada, Las Vegas (UNLV) will offer degrees in hospitality not casino management. UNLV's Singapore branch, which will be located on two floors of
      LIANHE ZAOBAO  -  477 words
    • 6341 10 UNIT TRUSTS FUNDS ABM Amro As»t Mgt (S'pora) Star Europe Eqty!" 0904/ Star Europe Bond 1.161/ Star Europe Bal...., 1.156/ Star Asian Tiger Eqty 1.178/ Star Asa Bond 1309/ Star Asa Balanced 1.088/ Star Global Technology Fundi 0211/ MuldStFd 1.053/ Star Asia Bond(USD) 0805/ Gib Multi St U5D 1.133/ Asia
      6,341 words
    • 369 11  -  PROPERTY Highest bid of $289 m from Pramerica Asia entity: sources By KALPANA RASHIWALA THE combined tender for DBS Tampines Centre and the adjacent Pavillion complex near Tampines MRT Station has attracted five bids, with the highest of almost $289 million coming from
      FILE PHOTO  -  369 words
    • SINGAPORE ROUNDUP
      • 94 11 WORKPLACE safety will be boosted today with the start of new laws that make employers more accountable for health and safety conditions and risk management. The Workplace Safety and Health Act part of a safer, healthier workplace framework announced by Manpower Minister Ng Eng Hen
        94 words
      • 54 11 BIO*ONE Capital, the investment arm of the Economic Development Board, has invested 600 million yen (S$8.3 million) in Japanese drug development firm Oxygenix for an undisclosed stake in the company. Following the investment, Oxygenix will set up an R&D subsidiary in Singapore to generate a
        54 words
      • 51 11 PHILIP Ng has been reappointed chairman of Sentosa Development Corporation from today, according to a statement by the Ministry of Trade and Industry yesterday. Two new members, Eric Khoo, director of Zhao Wei Films, and Manoj Muijani, CEO of The Wellness Group, will join the
        51 words
      • 54 11 MIRANDA Yeo, executive director of A-Star Bioprocessing T echnology Institute, has been named a foreign associate of the US National Academy of Engineering for 2006 the first Singaporean to be elected to the academy. Prof Yeo played a pivotal role in shaping the early biomedical
        54 words
    • 266 11  -  Reports by ARTHUR SIM FAR East Organization (FEO) clinched another redevelopment site yesterday, bringing the number of sites it has bought to four in the first two months of this year. The latest transaction is an en bloc sale of
      266 words
    • 256 11  -  By CHEN HUIFEN A SINGAPORE consortium led by Jurong International has clinched a masterplanning contract for Changxing Island Harbour Industrial Zone in China opening up opportunities for other Singapore companies. Covering 78 sq km, the project is slightly bigger than the 70 sq km Suzhou
      256 words
    • 168 11 A DEVELOPER has committed to bid a price of not less than $130 million for a 99-year leasehold residential site at Tanah Merah Kechil Avenue. The 2.19 ha site falls under the Urban Redevelopment Authority's (URA) Reserve List system. The URA said yesterday that it
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    • 236 11 SINGAPORE welcomed 767,000 visitors in January, up 14.8 per cent over January 2005, said the Singapore Tourism Board (STB) yesterday. The total number of visitor days also increased, by 14.1 per cent, to 2.7 million in January 2006. Indonesia generated the largest number of
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    • 350 11  -  By CHEN HUIFEN HOMEGROWN diagnostic firm Rockeby biomed received a boost yesterday with the announcement of two deals that will extend the reach of its bird flu screening kits. The first contract will allow it to supply its test kits
      350 words
  • Page 10 Advertisements
    • 34 10 I C Y AllianzGl Global Internet Fund Best Fund over 3 Years Allianz (pli) r v :J Equity Sector Information Technology Global investors Source: The Edqe-Lippor Sinrj^ifx»i«-! mid Aw;irds /U'ii, onip,i.i V no wmmM
      34 words

  • Page 11 Advertisements
    • 150 11 Now till 5 March 1 1 am to 9pm Win an amazing 7-ft at United Square Shopping Mall, Basement 1, Main Atrium Beer&WineHamper! Simply spend a minimum of $25 in Enjoy our wide array of wine and indulge in a single receipt at the fair! cheese-tasting at the Beer Wine
      150 words

  • ECONOMY WATCH
    • 853 12 Japanese currency seen strengthening to 115 against the US dollar Bloomberg [HONG KONG] The yen is heading for a third monthly gain, its longest rally since the end of 2004, as a government report yesterday showed factory production rose
      Bloomberg; REUTERS  -  853 words
    • 301 12 'Problems remain' despite economic, social development Bloomberg [BEIJING] China left its estimate for 2005 economic expansion unchanged at 9.9 per cent in an annual report on the economy by the National Bureau of Statistics. China's economy overtook that of the UK in
      Bloomberg  -  301 words
    • 197 12 Reuters [LONDON] Global investment banking revenues rose for the third year running in 2005 to US$52.B billion, up 14 per cent on 2004, but were still 7 per cent below their peak in 2000, the height of the technology stock boom, according to
      Reuters  -  197 words
    • 357 12 They diversify through hedge funds, private equity, property Reuters [NEW YORK] Wealthy investors are using alternative assets such as hedge funds, private equity and real estate to diversify portfolios and generate higher returns, according to a survey released on Monday. The
      Reuters  -  357 words
    • 463 12 Bloomberg [SEATTLE] US commodity prices fell the most in 17 years, led by declines in energy, sugar and copper. The Reuters/Jefferies CRB Index of 19 commodities dropped 7.91, or 2.4 per cent, to 320.99, marking the biggest percentage drop since July
      Bloomberg  -  463 words
  • Page 12 Advertisements
    • 26 12 *****333 Knight WV 16 Raffles Quay #30-00 Hong Leong Building Singapore *****1 I Tender Closing: 30 March Thursday 3.00 p.m I n w 9 ignwßWi „<h.„..."• ">** '.--■>
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  • Page 13 Advertisements
    • 224 13 J 'y&T^lllaraf^SßH^^B^^^^B^B^B P*> iS^^Kp ll .^»Km 'v'-lHv f J- v J f&Jtsg&gmmigm f ...>. -*v J -'>' 1H lIH la. v J Kh^l ■B£n. v/ The New IS with a V6,2.5-litre, dual VVT-i, direct injection engine will only cruise into our showroom, early this year. However, the good news is,
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  • MALAYSIA/INDONESIA
    • 528 14  -  51% to be sold for USsl6om f higher than YTL's rival offer: sources By S JAYASANKARAN in Kuala Lumpur STATE-OWNED Cement Industries of Malaysia, or CIMA, the country's third largest cement producer, is considering selling 51 per cent of its cement
      528 words
    • 342 14 Reuters [KUALA LUMPUR] Malaysia's dominant phone company, Telekom Malaysia Bhd, said yesterday that it swung to an expected loss in the fourth quarter from a year ago, after it paid hefty damages in a legal battle. The result at Telekom wasn't a surprise, after
      Reuters; BLOOMBERG  -  342 words
    • BRIEFLY ASIA
      • 71 14 Reuters [KUALA LUMPUR] Malaysia's second largest lender BumiputraCommerce Holdings yesterday reported a 53 per cent fall in fourth-quarter profit, short of market forecasts. Net profit fell to RM112.7 million (5549.3 million) in the three months ended Dec 31 from RM241.9 million a year ago. The
        Reuters  -  71 words
      • 75 14 Reuters [KUALA LUMPUR] Sime Darby yesterday reported a seven-fold increase in second-quarter profit, on an 8 per cent rise in revenues. Sime posted a net profit of RM207.6 million (5590.7 million) in the three months to Dec 31 versus RM27.8 million a year
        Reuters  -  75 words
      • 104 14 Reuters [HONG KONG] Indonesia is planning a US dollardenominated bond issue with two tranches, one due in 2017 and a longer-dated maturity to be decided based on investor feedback, market sources said yesterday. They said the size of the dual-tranche issue had not been decided.
        Reuters  -  104 words
      • 72 14 Bloomberg [BANGKOK] Malaysia's Khazanah Nasional plans to sell RMIO billion (554.4 billion) of Islamic debt in the nation's largest corporate offering of securities that comply will Muslim principles. A spokesman for the investment firm said: "We are launching the transaction today and we
        Bloomberg  -  72 words
      • 68 14 AFP [KUALA LUMPUR] National oil corporation Petronas yesterday announced it has awarded an engineering, procurement and construction and commissioning contract to build a base oil plant in Malaysia to a consortium of Lurgi AG of Germany and Larsen and Toubro of India and three
        AFP  -  68 words
      • 60 14 Bloomberg [JAKARTA] Indocement Tunggal Prakarsa, Indonesia's second biggest cement maker by sales, said profit last year surged six-fold on higher sales and foreign exchange gains. Net income rose to 739.7 billion rupiah (S$ 129.4 million) in 2005 from 116 billion rupiah a year
        Bloomberg  -  60 words
    • 2387 14 VOL Fa>28 Ml W- CWt) A 4 M Realty 1.39 unch 0 Abric 0.32 0.01 6 ACP Industries j0.76 -0.01 810 Advance Synergy J.19 -0.01 643 Advanta J0J» 001 590 AEMuM 037 unch 1S0 AffinHtdgi 1.60 -0.02 252 Ahmad Zaki Res 159 -0.02 152 AJCCorp... 1.00 -0.02 13
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  • Page 14 Advertisements
    • 1217 14 H W A SL it I*. CHINA MERCHANT* HOLOINQB (MCVIC) UMTVD (Company Registration No. 1981C1278D) China Merchants Holdings (Pacific) posts 26%* rise in group's net profit in FY2005 Company declares final dividend of 3.0 Singapore cents, making total dividend of 5.5 Singapore cents per share for the year Strong financials
      1,217 words

  • GREATER CHINA
    • 520 15 Govt also issuing arrest warrant for treasure hunter Tilman Walterfang [HONG KONG] Indonesia is preparing a case against the chairman of one of Hong Kong's most famous trading hongs for his alleged role in the loss of millions of dollars
      520 words
    • 441 15 China Minsheng Banking Q4 profit jumps 51 Net profit for fourth quarter of 2005 hit 711 million yuan Reuters [SHANGHAI] China Minsheng Banking Corp Ltd, in which Singapore investment company Temasek Holdings has a stake of nearly 5 per cent, yesterday posted a 51 per cent jump in fourth-quarter earnings
      Reuters  -  441 words
    • 258 15 Bloomberg [BEIJING] China's government plans to lower hurdles for foreign institutional investors seeking approval to buy domestic stocks and may make it easier for private equity investors to repatriate profits, the country's currency regulator said. The government wants more overseas expertise in the
      Bloomberg  -  258 words
  • Page 15 Advertisements
    • 443 15 v'jotty?<({«/«(<<• -nA On Being Conferred IT Leader Awards 2006 -'W'jw HHHHHHI Singapore Computer Society Leslie Loh Executive Chairman CEO System Access Limited A leading provider of universal banking software solutions for financial services institutions worldwide. Headquartered in Singapore, System Access hasaglobal distribution and support office network of 12 other offices
      443 words

  • INDIA
    • 722 16 INDIA BUDGET Analysts say thrust on infrastructure and agriculture will boost GDP growth Bloomberg [NEW DELHI] Indian stocks rose to a record as the government pledged to boost spending on power plants, roads and ports to lift annual economic growth to 10
      Bloomberg; AFP  -  722 words
    • 344 16 Bloomberg [NEW DELHI] India plans to announce a policy to promote investment in semiconductors in the country and will consider funding such projects through equity participation. "The department of information technology will come out with a policy shortly," Finance Minister P Chidambaram said in his
      Bloomberg  -  344 words
    • 537 16 Reuters [NEW DELHI] India will develop special zones for large investments in oil, chemicals and petrochemicals, overhaul die coal sector and boost power output to fuel economic growth. Finance Minister Palaniappan Chidambaram said yesterday. "All this I'm sure will crowfi in investment,"
      Reuters  -  537 words
    • 146 16 Bloomberg fNEW DELHI] India asked banks to reduce the interest they charge farmers on short-term loans to boost lending to agriculture,, which accounts for 22 per cent of the US$665 billion economy. The banks will charge 7 per cent a year on loans of
      Bloomberg  -  146 words
    • 232 16 Bloomberg [NEW DELHI] India's economic growth slowed for a second straight quarter in the three months to Dec 31 after a fire disrupted crude oil production and natural gas shortages crimped power generation. But analysts said the less-than-ex-pected economic expansion in the fiscal
      Bloomberg  -  232 words
  • Page 16 Advertisements
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  • ASIA-PACIFIC/WORLD
    • 484 17 LATEST US DATA Slowest growth in 3 years, loss of momentum after Q3 s 4.1% pace Reuters. AP [WASHINGTON] The US economy, sagging under the strain of lofty energy prices, grew at an annual rate of 1.6 per cent in the final quarter of
      Reuters.; AP  -  484 words
    • 382 17 Reuters [NEW YORK] Breakfast with Warren Buffett may soon be just a memory. The US billionaire has long released his annual letters to Berkshire Hathaway shareholders on Saturdays in early March, allowing eager investors and acolytes to digest Mr Buffett's thoughts with
      Reuters; BLOOMBERG  -  382 words
    • 533 17  -  By ANTHONY ROWLEY in Tokyo AS J AN countries can expect good news on the issue of their representation in the IMF and Wprld Bank by the time the two hold their annual meetings in Singapore this year, IMF first deputy managing director
      533 words
    • 401 17 Bloomberg. [NEW YORK] The New York Stock Exchange's (NYSE) 213-year history as a member-owned stock market will end next week. The world's largest stock market set March 7 as the date for completing its merger with Archipelago Holdings Inc and forming
      Bloomberg.  -  401 words
    • 691 17 By OUR CORRESPONDENT in Bangkok THE snap elections called in Thailand for April 2 do not appear to have calmed the country's political turmoil in the way Prime Minister Thaksin Shinawatra might have wished. He has offered to meet opposition parties for further
      ARTHUR LEE  -  691 words
    • WORLD WATCH
      • 65 17 Cable Wireless to cut 3,000 UK jobs Reuters [LONDON] British corporate telecoms provider Cable Wireless yesterday said it would cut up to 3,ooojobs over the next four to five years as part of a restructuring of its UK business. C&W also said it planned "to reduce its customer base from
        Reuters  -  65 words
      • 107 17 Bloomberg [HO CHI MINH CITY] Intel Corp yesterday received a government licence to invest as much as US$6O5 million in a chip assembly and testing factory in Vietnam, the country's biggest technology project. Intel chairman Craig Barrett was presented the licence for the project
        Bloomberg  -  107 words
      • 79 17 AP [ATLANTA] Ted Turner lamented a decrease in innovation and risk-taking at Time Warner. In his first public comments since announcing he wouldn't seek re-election to the board of the media conglomerate that had bought his cable networks company, he said: "I thought my company
        AP  -  79 words
      • 114 17 Reuters [PARIS] The world's biggest mobile phone maker Nokia is back at 35 per cent global market share after a sharp dip in 2004, a survey said yesterday. It took the Finnish giant almost two years to recover the ground it lost in
        Reuters  -  114 words
  • Page 17 Advertisements
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  • MOTORING
    • 777 18  -  It intends to topple Honda Jazz with sales of 120 units a month By SAMUEL EE BORNEO MOTORS Singapore expects to sell at least 120 units of the new Toyota Yaris each month. If that happens, the trendy compact hatchback will be
      777 words
    • 572 18  -  They showcase a range of multimedia systems By SAMUEL EE BLAUPUNKT is expected to invest an estimated $2 million in high-end shops here and in the region to tap the growing market for car multimedia systems. The German company is a leading European manufacturer
      572 words
  • Page 18 Advertisements
    • 132 18 Diners Club Card To apply, caff64l6 0980 A World of Exclusive Privileges Treats /g~jT < Diners Club international- Calling all lamb lovers! Enjoy our three-course set lunches that start off with our Soup of the Day, followed by four options of main courses: Roast Leg of Lamb, Shepherd's pie or
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  • AVIATION
    • 803 19 Regulator rescinds 3-year ban on midnight flights to ease congestion AP. Bloomberg [HONG KONG, BEIJING] China will spend 140 billion yuan (Ss2B billion) over the next five years to expand its airport infrastructure to meet a forecast 14 per cent annual growth
      AP.; Bloomberg; REUTERS  -  803 words
    • 224 19 Bloomberg [LONDON] BAE Systems Pic, Europe's largest defence contractor, denied that it is close to selling its 20 per cent stake in Toulouse, France-based Airbus SAS, the world's biggest maker of commercial aircraft. "Certainly at the moment that is not correct," Richard Coltart, a
      Bloomberg  -  224 words
    • LOG BOOK
      • 72 19 Reuters [HONG KONG] The Xirport Authority of Hong Kong will contribute 198 million yuan (Ss4o million) to a joint venture to be set up to manage Zhuhai Airport, the Wen WeiPo reported yesterday .'Sources said the venture will have a registered capital
        Reuters  -  72 words
      • 65 19 Reuters [FRANKFURT] Airbus plans to add 1,250 staff in Germany this year to help with production of aircraft including the A3BO superjumbo and the A4OOM military transporter, it said. It had earlier expected to add I,ooojobs this year in Germany. The revised figure
        Reuters  -  65 words
      • 88 19 Bloomberg [SHANGHAI] China's rising incomes are leading airlines to increase the size of compensation payments for the deaths or injuries of passengers on domestic flights. The maximum from March 28 will be 400,000 yuafT(SsBo,7Bo), against the previous 70,000 yuan, set in 1993, and 20,000 yuan
        Bloomberg  -  88 words
    • 604 19  -  NEWS ANALYSIS By VEN SREENIVASAN [SINGAPORE] Is Singapore budget carrier Tiger Airways buying a 49 per cent stake in Indonesia's Adam Air? That sounds a bit like a template of Air Asia's acquisition of a 49 per cent chunk of Indonesia's Ewair
      604 words
    • 197 19 Bernama [COLOMBO] SriLankan Airlines, the country's national carrier, is woefully short of pilots and was forced to cancel two flights to London from Colombo last week, newspapers reported. The Sunday Times said the airline, facing stiff competition from a string of new, emerging international
      Bernama  -  197 words
    • 569 19 OTT PUWTT W* MOT ITP j| i m $8 iw]jpgra SiAl I*— m ibs aa; m Mm MZ900 1140 MZ901 1245 mm mm «sp» j CmTiM SQ480 0130 Sir Mi5M 19TS MM fi 1 w 1 esas s Mj*gg Colombo mm mwr™ 7 —jm sis m
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  • Page 19 Miscellaneous
    • 202 19 CRYPTIC CROSSWORD DOWN 13 Take windy Rome road East to YESTERDAY'S SOLUTION 2 Printer powered by a liquid en- the airfield (9) Across: 1 Hit for six, 9 In situ, 10 gme (3-3) 14 To become a scientist, doctor Patnaaoi Parce! 12 Ginge r ale, 3 Feeling unwell in the
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  • SHIPPING
    • 696 20  -  It announces new-building orders and tanker purchases By GEORGE JOSEPH [SINGAPORE] One of the world's biggest tanker owners, the BW group, has announced new-building orders and the purchase of more tankers estimated to be worth about US$7OO million while turning in better results at its
      696 words
    • 343 20 AP [KUALA LUMPUR] The United States has pledged to help the region combat the threat of piracy and terrorism in the Straits of Malacca, one of the world's busiest shipping lanes. Details of the cooperation will be planned after Malaysia, Indonesia
      AP  -  343 words
    • 307 20 [SINGAPORE] Buoyed by a robust intra-Asia container trade during 2005, Thailisted Regional Container Lines (RCL) posted record net profits up 31 per cent compared to a year earlier. The group posted a fullyear 2005 net profit of 4.8 billion baht (*****.6 million)
      307 words
    • 338 20 Reuters [SEOUL] South Korea's Hanjin Heavy Industries Co said on Monday that it would invest US$72O million constructing a shipyard in the Philippines as it looks to escape domestic constraints on capacity. Like bigger rivals, Hanjin is trying to secure more expensive ship
      Reuters  -  338 words
    • 774 21  -  Industry hails it for making rules of the game fair for everybody By DAVID HUGHES in London THE International Labour Organization (ILO) overwhelmingly adopted a comprehensive new labour standard for the world's merchant fleet, to the relief of owners' and seafarers' representatives
      774 words
    • 850 21  -  STRAIT TALK By DAVID HUGHES PERHAPS not everybody who goes to sea on merchant ships dreams of one day owning his or her own ship, or even shipping company, but I bet most do. It is a potent aspiration which can seem all the more alluring during
      850 words
    • PORT SHOTS
      • 44 21 Bloomberg [SHANGHAI] Shanghai Zhenhua Port Machinery Co, the world's biggest maker of container cranes, said profit surged 163 per cent last year after sales increased. Net income climbed to 1.2 billion yuan (***** million) from 457 million yuan. Bloomberg
        Bloomberg  -  44 words
      • 70 21 Bloomberg [LONDON] OAO Primorsk Shipping Corp, Russia's third-largest shipping company by capacity, ordered five oil-product tankers from South Korea's STX Shipbuilding Co, to expand it operations in the Russian Far East and Europe. The ships will be delivered to Primorsk Shipping, (Prisco), by 2009.
        Bloomberg  -  70 words
      • 31 21 Bloomberg [NEW YORK] Overseas Shipholding Group, the largest US-based oil-tanker owner, said fourth-quarter net income fell to U*****.7 million from US$2ll.l million a year earlier.
        Bloomberg  -  31 words
    • 433 21 Intelligence gaps exist on possible terrorism support Reuters [WASHINGTON] The US Coast Guard raised concerns late last year about "intelligence gaps" that made it difficult to assess whether a state-owned Arab company seeking to take over major US port terminals could
      Reuters  -  433 words
  • Page 20 Advertisements
    • 263 20 &5 SI WF Ea %jj®. .■■^■lMHHHnHß^nHi^^^H SITC ShrTw v 0 SHIPYARD: Shenzhou Ship M/V "SITC YANTAI" Length Overall m.6m WCTKp-* «iu? is an 'SCLASS foreign Length BP 106 m i; iv-^K^.",' 1: going vessel complying Breath Moulded 7" 16.2 m '-*s®rft* < ]j fully with the latest IMO Depth Moulded
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  • Page 21 Advertisements
    • 27 21 Want the best deal? l Invite tenders. Call 1800 289 8822 or email notices@sph.com.sg to book your tender notice in our newspapers now. [•iATciW i NOTICES a
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    • 13 21 International Ship Classification /7\ INTEGRITY SERVICE QUALITY a t the forefront environmental protection
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    • 157 21 22-24 Mar 2006 Asia Pacific Singapore Expo maritime www.apmaritime.com Bp ■MMMHM I**"" EVEHT1HEEN OZMlj ITALIA MARITTIMA S.p.A. LlHDUP ■^5«555j5^ (*****31 wSs^gm t m~\T T ■'f r r .«r i\ l""* Lloyd Triestino has a new name Oui name has changed, but out commitment to you and youi cargo remains as
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  • EDITORIAL & OPINION
    • 592 22 EDITORIAL THINGS are going well right now. An employment survey done by the National University of Singapore showed that 94 per cent of its 2005 batch of graduates found jobs an all-time high since the survey started more than 10 years ago. And graduates also
      592 words
    • 1232 22  -  As globalisation advances, the world's most powerful governments get nervous By HEATHER TIMMONS NYT AS the ties of world trade grow stronger and the tempo of globalisation quickens, a boisterous player has re-emerged in the arena of cross-border mergers: government. In the
      NYT; PHOTOS: AFP  -  1,232 words
    • 754 22  -  THE BOTTOM LINE NEIL BEHRMANN London Correspondent THE attempt to sabotage Saudi Arabia's oil processing production illustrates that global stock markets have been blissfully ignoring geopolitical risks. Had the suicide bomb attack on the huge Abqaiq facility been successful, about 8 per cent of
      754 words
    • 857 23  -  Top management must get down to business to breed talent By LAN TILL BEHIND every outstanding organisation is an enlightened leadership. Companies that grow at a scorching pace have more than a sound strategy backing them they have an able management that can flawlessly
      857 words
    • 675 23  -  By WAYNE ARNOLD NYT FROM automobiles to semiconductors, China is fast catching up with the rest of the world in manufacturing prowess, making it a formidable competitor for exporters everywhere. But does its rise necessarily spell doom for South-east Asia's big manufacturing centres? Not
      NYT; AFP  -  675 words
    • 726 23  -  LETTERS TO THE EDITOR Winston Chew Choon Teck Singapore I REFER to the commentary by Conrad Raj on compensating victims of corporate malfeasance (BT, Feb 27). Mr Raj's commentary has again rekindled the continuing debate on whether the authorities here should be more
      726 words
    • 415 23  -  Janet Tan Executive director Institute of Certified Public Accountants of Singapore WE refer to the article "Top audit firms get pickier as frauds grow" by Michelle Quah (BT, Feb 6). As pointed out in the article, the objective of an audit of financial statements
      415 words

  • Page 23 Advertisements
    • 308 23 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WINNER INDUSTRIES (PRIVATE) LTD (Co Reg No. 1970-*****-C) (Members' Voluntary Liquidation) NOTICE Of RESOLUTION At an Extraordinary General Meeting of the members of WINNER INDUSTRIES (PRIVATE) LTD, duly held and convened at 5 Jalan Besar
      308 words

  • 10783 24 S6X MAINBOARD 524* TH LM Vat tar UAQMi GrfM> ON Gr*ld MM MCja High Law Cat Cini Sale W- fOBBI H>» law 8»yr Sdto Cw M hi* 55 2 5716 1st Software 5c 25 -OS 3861 25 25 2 25 101 1*S 6 )148 8TetecomUS2c 75 ureh 2?S
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  • Page 24 Advertisements
    • 34 24 This March you can trade Singapore Stocks at 0.25% cu■:' It IS possible to cr.jiCKi, mr>»: t' I ef". ire you under* tcsnci the r 'isr <•. theve i„- r n City Index Asia CITV
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  • 6148 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES la toe* nr t* Si in USJ \dy %y» dy dy *yi 27 lnd«a Ch«WQ» Q>«ng« Chmngt Oxog* Ooiy Oww WwW Index Preliminary 10*24 05 44 04 2-4 05 49 ?A/E Preknmary 1023,8 ft5 53 04 3* 0J8 S3 tuiope Preliminary iiTiO 04
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  • Page 26 Advertisements
    • 885 26 We offer fully containerised service I I I m jr connecting the world: gIODaIIy dedicated I I I America/South Africa/Australia/New 111 S3 ll\ r i Zealand/Hawaii/Mexico/lntra-Asia I I w UoC U p or complete/specific schedule WE ARE MORE THAN JUST A LINER COMPANY information, please visit our Global Homepage: www.nykline.com
      885 words
    • 183 26 Pi DONGNAMA LINE COWTAWWUMPIHVIW Weekly sailing to Russia Ports: VostochnyS Vladivostok (via Pusan) Wednesday Friday Weekly sailing to Hong Kong Wednesday Friday Sunday Weekly sailing to Chlwan: Friday Weekly sailing to Japan Main Ports: Tokyo, Yokohama, Hagoya, Koba Osaka Friday Sunday Weekly sailing to India: Madras Tuesday Saturday Hhava Sheva
      183 words
    • 800 26 IINTVRASIA RORO MRVICI vtssayvor umyt) hbcktw m kh m m jkt STIAITS VDfTURE 05/0* IS 3.2 22/03 25/03 30/03 02/04 04/04 STUm VENTURE 06/06 IS 3.2 06/04 09/04 20/04 23/04 25/04 STOUTS VENTURE 07/06 IS 3.2 27/04 30/04 04/05 07/05 09/05 [AUSTRALIAN KOtO SiKVICi vßsa/voT KAwrqcT) hbghrm) u» i sin
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  • Page 27 Advertisements
    • 1978 27 WAN HAI INTERNATIONAL PIE LTD dNO: IUtSHOOOO/l V7rA TH:*****588 (14LINES) FA******163 \M N WAN UAI I |NF\ CustomerSarvkc/takingsDirectUm-(1800)*****200 Y v fIHII lIMI LIIILJ PUIH: (03) *****8 ft HUb (03) *****288 POI IE: (04) *****00 FAX: (04)*****99 JOH TH: (07) *****23 FAX: (07)*****21 SUM HL (031) *****75 FAX: (031) *****14/ *****05
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    • 1236 27 VBSa VOY SIN JKT HKG KHH IWC KYH WIS VESSEL VOY SIN Jfl SU» HKG USH HIS HYHtOCIIBS IOtS 2/3 4/3 9/3 11/3 13/3 IS/3 IS/3 KMT( PUSAN 403S 5/3 1/3 9/3 14/3 18/3 19/3 HY BRIDGE 10IS 9/3 11/3 14/3 l«/ 3 20/3 21/3 72/3 KMTC SIMGAPOKE 603S 12/3
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    • 815 27 m 3(3ZSS&t WEEKLY EXPRESS SAIUNG SCHEDULE I" ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS I vpsa I vot |sm Ipjumglcoiomo Ihshwa Icotomo I I«uo JKornNC kl to coaat iuikomn (vu coumboi and umu t coal (VIA N SWVA) CONMCTMG NOTHBt VSli TO BKOPf (FBiXSTOWE, lOTTBtDAM,| HA—«6) MP lAST
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  • Page 28 Advertisements
    • 938 28 HNordana (Asia) Pie Lid 70 Slmklm Way, #21-03 MoHno Hobs* Singapore *****8 NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE AHIVAL DATES VESSEL VO~ Snapoce I Pro—lll I Cocos Isl—d Ifliiiln Itlad I Jakarta Ida islam Islaad I Pwi Gijw I JMiim \MI X QZMqt
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    • 377 28 i BSA a. MYANMA nH FIVE STAR LINE (Myaaaar National Um) Loading for Yaagoa VCSSCL VOY SIN PHI PEN PGU aw SHWE HAW 90W SU> PAGAN 349W SU> IN MALAYSIA: lOUSTIAD SHIPPING AGENCIES KIK/PKL 03-*****3 M PIN: 04-*****15 MMHL ACCEPTING CONVENTIONAL C6O VBSa VOY HUG SW m KOI TN ITU
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  • The Business times Shipping Times
    • 7559 29 This ETA ETA Advertiser Vessel Voyage Telephone I SIN Desfn Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 09/03 18/04 China Shpg PERTH BRIDGE 101A *****898 14/03 10/04 Delmas VERONIQUE DELMAS 615V» *****344 15/03 18/04 China Shpg CMA CGM MAKASSAR SX219W *****898 22/03
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  • fit If executive Money €/
    • 1071 30  -  £E0 Daniel Chan tells GENEVIEVE CUA why his firm needs to change orientation in its investment approach GENEVIEVE CUA JV ETERAN fund manager Daniel Chan m sounds almost like any individual investor m as he rues: "I wish I had bought more Jam
      YEN MENG JIIN  -  1,071 words
    • 892 30  -  INVESTING WITH A DIFFERENCE Trading system and benefits, among others, says R SIVANITHY R SIVANITHY BY NOW, readers should be familiar with the similarities and differences between traditional share trading and trading Contracts for Differences (CFDs). This week, we'll look at how CFDs compare with
      892 words
    • 517 30  -  By GENEVIEVE CUA ONLINE funds portal Fundsupermart is cutting its sales charge further by 25 basis points, lowering the standard sales charge for unit trusts to 2.25 per cent from 2.5 per cent previously. It has also launched a "rewards" programme where larger amounts can enjoy
      517 words
    • 863 31  - STI may hit 3,000 points by year-end MONEY MATTERS Considering Singapore's many positive fundamentals, there is no reason to believe this target can't be achieved WONG SUI JAU WHAT if I told you that the Straits Times Index (STI) could hit 3,000 points by the end of this year? Would
      863 words
    • 338 31  -  By Chua Boon Lee Standard Poor's Associate, Fund Services THE Lion City has been abuzz with speculation over the timing of the next parliamentary elections. The last one was held in 2001. Folklore has it that the local stock market traditionally rallies during election year, and the
      338 words
    • 735 32  -  A fund manager's skill and experience can give you an edge in the investment game, says CHET CURRIER CHET CURRIER Bloomberg IN mutual funds, as in many other endeavours, there may be no substitute for experience. That's the noteworthy message that emerges from just-published research
      Bloomberg; AP  -  735 words
    • 834 32  -  By GENEVIEVE CUA STAR India fund manager Sanjiv Duggal has turned cautious on India, weighting the multiple award-win-ning HSBC Indian Equity portfolio towards defensive plays. In the last couple of years, billions of dollars have poured into the Indian stock market, making it
      834 words
  • Page 30 Advertisements
    • 1 30 www.cßyindMiilt.com
      1 words
    • 207 30 MONEY MATTERS STI may hit 3,000 by year-end PG3I I IFIS Business Advisory Pte Ltd and Saw Centre for Finantial Studies i present Thursday 23 March 2006,8.30 am to 12.30pm Meritus Mandarin Singapore, 333 Orchard Road The growing demand for investment in accordance to Latest developments and trends in the
      207 words

  • Page 31 Advertisements
    • 437 31 p Jl Thank you for supporting our award-winning investment funds. For the year 2005, we won 11 prestigious investment awards. We couldn't have done this without you, our clients and partners. The Edge-Upper Singapore Fund Awards 2006 Best Fund Group Over Three Years Overall Group: DBS Asset Management Best Fund
      437 words

  • Page 32 Advertisements
    • 126 32 H At the centre of every market. Bank of the Year Bond House of the Year IFR Asia 2005 awards "Deutsche Bank can plausibly claiiTi to be the most important financial institution in the Asia Pacific. The bank is a leading presence in just about every market and asset class
      126 words