The Business Times, 15 December 2004

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Total Pages: 40
1 40 The Business Times
  • 14 1 THE BUSINESS TIMES SINGAPORE online at Kttp7/buslness-times.asial.conusg MICA (P) 023/03/2004 Wtatesdhy December IS, 20M
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  • 824 1  -  Notable is broad band of households with investable assets of US$100,000-US$250,000 By ANNATEO [SINGAPORE] It may have been a trying year in 2003, but not only did Singapore's rich get richer, more households joined the ranks of the "wealthy" at least by one
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  • 139 1 Dsn 2,031.29 (+14.00) ST INDEX FUTURES 2,035.00 (+20.00) SIMSCI 241.64 (+1.87) SIMSCI FUTURES 241.90 (+3.30) MARKETS Tuesday Change KLSE COMP 897.02 -0.32 NIKKEI 225 10,915.58 -t-126.33 HANG SENG 14,043.52 +157.36 SET INDEX 646.08 +0.33 JAKARTA COMP 922.07 -13.71 MANILA COMP 1,775.73 +27.40 SEOUL COMP 849.40 +5.20 SHENZHEN B
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  • 47 1 TOP STORIES PG2 COMPANIES.. PG 4,6, 9,10 MARKETS PG S SINGAPORE PG 12,13 ECONOMY PG 14 M'SIA/INDON.. PG 23 CHINA/INDIA... PG 24 WORLD PG 25 AVIATION PG 26 SHIPPING PG 27 EDITORIAL PG 28 LETTERS PG 29 STOCKS PG 30-31 MOTORING PG 37 MONEY PG 38-40
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  • 469 1  -  By ANGELA TAN [SINGAPORK] Singapore brands continue to grow in strength despite tough conditions and heightened competition, raising their combined brand value to $8.13 billion this year from $7.96 billion last year. "Despite difficult and challenging times, the brand owners have managed
    CHRIS LOH  -  469 words
  • Page 1 Advertisements
    • 132 1 Wwum wL T -^.^ifi jjr EXECUTIVE MONEY Hie pros and cons of equity-linked notes NATSTEEL Shareholders vote on Tbta deal today PG 4 8 If I! I! !S!S!i Latest on US interest rates The US central bank has met to discuss interest rates. For the outcome, log on to BT
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    • 24 1 SINGAPORE'S HOTTEST BRANDS In a special eight-page section, we look at how some of Singapore's best companies have built value from their brands PGIS-22
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  • TOP STORIES
    • 717 2 Nat Steel shareholders to vote on Tata offer today NATSTEEL shareholders will meet today to vote on the sale of its steel business to India's Tata group a move that will effectively strip the core out of the company. And while the deal is likely to go through,
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    • 355 2  -  The stock surges to 28c, regaining most of the previous day's plunge By JEAN CHUA [SINGAPORE! Shares of United Food Holdings (Unifood) made a big comeback yesterday after Monday's collapse. The stock surged 43.6 per cent to 28 cents as 58.3 million units
      Source: Bloomberg  -  355 words
    • 466 2  -  By NANDE KHIN [SINGAPORE] Shell Chemicals will now partner the Economic Development Board of Singapore (EDB) in going ahead with plans to build a US$l billion petrochemical cracker plant in Singapore, after talks with Japan's Sumitomo Chemical fell through. Shell said yesterday that it
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    • 385 2  -  By NEIL BEHRMANN in London THE Bank of England has warned that fund managers and other financial institutions are taking excessive risks to raise investment performance. "There is a possibility that lenders, borrowers and investors may be inclined to underestimate
      BLOOMBERG  -  385 words
  • Page 2 Advertisements
    • 135 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T: +65 6535 3382 F: +65 6535 3991 E:
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  • Page 3 Advertisements

  • COMPANY NEWS
    • 562 4  -  Shareholders likely to raise question of NatSteel's future without steel By WONG WEI KONG NATSTEEL shareholders will meet today to vote on the sale of its steel business to India's Tata group a move that will effectively strip the core out of the
      FILE PHOTO  -  562 words
    • 209 4 Reuters IHONG KONG] A Hong Kong court rejected a legal challenge to the world's largest IPO by a property trust yesterday, clearing the way for the US$3 billion listing of the Link Reit to take place as scheduled tomorrow. But a spokeswoman
      Reuters; REUTERS  -  209 words
    • 562 4  -  HOCK LOCK SIEW By JOYCE KOH HE work of independent directors has gotten tougher nowadays with the growing attention I given to their role in preventing corporate scandals from blowing up in the faces of investors. Tough as their jobs are, they can play their part
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    • 534 6  -  TROUBLE AT CAO It pledges conditional support, blames risk-control failure Reports by KENNETH LIM THE parent of China Aviation Oil has expressed regret over the jet fuel supply subsidiary's crippling trading losses and blamed the event on the failure of risk management controls. Beijing-backed
      REUTERS  -  534 words
    • 453 6 FORMER China Aviation Oil (CAO) chief executive Chen Jiulin has resigned as president of China Enterprises Association Singapore (CEA), and the new acting head has made corporate governance a priority matter for the trade grouping of Chinese companies operating in the Republic. Acknowledging the
      FILE PHOTO  -  453 words
    • 337 6 AFP (BEIJING] Beijing plans to rein in profligate investment risks at state-owned enterprises (SOEs) after Singapore-listed China Aviation Oil racked up US$55O million in speculative trading losses, state press said yesterday. "Leaders of the central SOEs must have a strong sense of risk
      AFP; FILE PHOTO  -  337 words
    • 197 6 Reuters A CONSORTIUM of three firms is negotiating to take over a stake held by troubled China Aviation Oil (Singapore) Corp (CAO) in an oil storage project in the Singapore, industry sources said yesterday. Two of the companies South Korea's SK
      Reuters  -  197 words
  • Page 4 Advertisements
    • 215 4 Incorporate Being Biggest Best By PPM [PKnfPPI Representative Officc ■■■■■■■■■■■•I Trading Compam (Free Trade Zone) Wholly Own Foreign Knterprise (WOI'H) Branch/ Representative Office UUflfiUal Taiwan Malaysia Macau Thailand Brunei Delaware IiIHBAIIBAAJUULI I.abuan(M'sia) Nevada Hong Kong Singapore BVI Cayman Virtual Office Facilities Secretarial Service Forwarding (Telephone Fax Mail Correspondent Address) Ippu
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    • 100 4 New Park Hotel SINGAPORE WINE, DINE STAY SPECIAL 24 31 December $170 for 2 persons This Christmas and New Year's Eve, New Park has a fantastic package that includes, a night's stay in the Deluxe Room, buffet dinner and breakfast for two. Great for late night party goers, who could
      100 words
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    • 52 4 ~j TH E NEPTUNE COLLYER gUAY T DIAN XIN ATTHE NEPTUNE Enjoy excellent lunch and dian xin served on trolleys. Reservations: 6224 3203 CotymOuay A division of Overseas Union Enterprise Limited (Company Registration N0.*****0050E) Managed by Meritus Mandarin Singapore 7th Floor, Overseas Union House, Coffyer Quay Singapore *****1 Tel: +65
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  • Page 5 Advertisements
    • 115 5 inn im .min■ ir ai i --••> 1 ""i" rr ,v S"' -r 3GC ,r <SJ?4" V"V i r > K-MiAi' V*< ■?>,.- ,rV >. i K vV *'V V' JR -'*7 /> v ie-•> i'« U'. .S; X-5 /J* jg s~- v.. v •'y >¥§ '«e>-Tigfe »•>.. v v
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  • Page 6 Advertisements
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    • 26 6 Recruit from a wider audience i x A o I 1 1111 l Call 1800 289 8822 or email reavit@sph.com.sg for your recruitment solutions ■pJTSSE® BilMßiUi
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  • Page 7 Advertisements
    • 1124 7 Advertising Feature From Mobile Phone to Mobile Business SK6S is the first premium messaging device combining Blackßerry Built-in™ technology. A 90° turn and emails become mobile. B In the conducting of daily business, e-mail is continuing to win acceptance and importance. Lost or unanswered e-mails can have significant consequences for
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  • SINGAPORE MARKETS
    • 875 8  -  CURRENCIES There are some key numbers to eye-ball on both sides LARRY WEE Senior Correspondent HE past fortnight has seen a very healthy correction for both the US dollar (higher) and commodity prices (lower), but the tricky part now is to figure
      875 words
    • Article, Illustration
      524 8  -  Compiled by JOYCE KOH Xpress Holdings Dec 14 close: 6 cents BNP PARIBAS PEREGRINE, Dec 14 CHINA Aviation Oil crisis could derail Xpress revenue growth: The recent China-related stock bashing triggered by the CAO crisis could reduce investors' appetite for Chi-na-linked initial public offerings next year. This could,
      Source: Bloomberg  -  524 words
    • 401 8  -  STOCKS R SIVANITHY Senior Correspondent AN overnight rise on Wall Street brought some relief to bear on the local stock market yesterday, lifting the Straits Times Index (STI) by 14 points to 2,031.29 thus easing some of the recent pressure on the second line.
      401 words
    • TRADES TO WATCH
      • 183 8 FOUR Pacific Andes Holdings directors saw their deemed shareholdings increase by 6.8 million shares and 1.5 million warrants on Friday last week after open-market purchases by Clamford Holding. Clamford bought the shares at 38.35 cents apiece and the warrants at about 18.34 cents each. Pac
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      • 73 8 ACE Dynamics managing director Lim How Boon bought about two million shares on the open market on Monday at 19 cents each, raising his direct interest to 1.93 per cent from 0.5 per cent. The director also has a 0.71 per cent
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      • 107 8  -  Compiled by KENNETH LIM FOOD magnate Sam Goi saw his deemed stake in Youcan Foods International rise to 17.22 per cent from 15.36 per cent after privately held Chinatown Food Corp bought 3.5 million shares over two trading sessions. Chinatown Food purchased
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    • 364 8  -  CHART POINT By LIM SAY BOON OCBC Investment Research NOTWITHSTANDING yesterday's positive close, the bears may yet be in ascendance in coming weeks. Let me introduce you to Mr "Engulfing Bear". The grizzly was seen prowling the Straits Times Index's
      Source: Bloomberg  -  364 words
    • Article, Illustration
      419 8 OTHER SINGAPORE INDICES Dec 14 VALUE CLOSE BT OB/OS -593.00 +229.00 BT CADI -*****.00 +122.00 BT 10-day MA -*****.00 -60.00 All-SG Equities ***** +4.45 SG Equities Elect 157.44 -0.^8 SG Equities Fin 1597.37 +16.47 SG Equities Prop 501.54 +4.53 SIMSCI 241.64 SiMSCI Futures 241.90 +3.30 MOST ACTIVE STOCKS VOLUME UniFood
      419 words

  • COMPANY NEWS
    • 421 9  -  Analysts are expecting group to undergo major restructuring By WONG WEI KONG FORMER Jardine Cycle Carriage money man James Riley will be taking over the top finance job at parent Jardine Matheson Holdings, another management change in the group at a time
      FILE PHOTOS  -  421 words
    • 504 10  -  INITIAL PUBLIC OFFERINGS It plans to raise up to US$400m as sentiment towards industry improves By JOYCE KOH IN what could be one of the biggest public listings in Singapore next year, fami-ly-owned shipping company IMC Group may take advantage of
      FILE PHOTO  -  504 words
    • 391 10  -  By KENNETH LIM SELECT Catering Services which makes its Sesdaq trading debut today saw its public tranche of one million shares subscribed 10.3 times. This is the lowest among initial public offerings this year with public tranches of up to two million shares. Its total
      391 words
    • COMPANY BRIEFS
      • 64 10 BRILLIANT Manufacturing said its newly established manufacturing operations in Suzhou through subsidiaries Brilliant Manufacturing (Suzhou) Co Ltd and BMS Technology (Suzhou) Co Ltd will bring it closer to a major HDD customer which recently established a significant manufacturing base in China. It added that it
        64 words
      • 45 10 TECH Group Asia said its proposed acquisition of Podoyo Plastics Industries (M) Sdn Bhd was completed yesterday and the entire equity interest in Podoyo has been transferred to the company. Podoyo is now a wholly owned subsidiary of Tech Group.
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      • 95 10 UNITED Fiber System said there is progress on the turnkey contract between its subsidiary, PT Marga Buana Bumi Mulia, and China National Machinery Equipment Import Export Corporation (CMEC) to build a kraft pulp mill in South Kalimantan. It said China Export Credit Insurance Corporation, with
        95 words
      • 68 10 MAINBOARD-LISTED China Dairy Group said the Singapore Exchange has given its in-principle approval for the listing and quotation of its 77.5 million bonus warrants. The company is issuing free to its shareholders one bonus warrant for every five shares held. The new shares created
        68 words
      • 98 10 HO WAH Genting International said its shareholders have approved its proposed name change to Global Ariel Ltd. At its extraordinary general meeting on Monday, shareholders also approved a capital and debt restructuring scheme. The company also appointed new executive directors, Mike Lee Kheng Siang and
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  • Page 9 Advertisements
    • 319 9 PIAGET EMPERADOR Bfer-— I iIIPIkim PiageT Geneve PIAGET Boutique: #01-11 Ngce Ann City Tower B, 391 Orchard Road, Singapore *****4. Authorised Retailers: Cortina Watch Roy Eastern Watch Sincere Fine Watches The Hour Glass (Scotts Shopping Centre) For more information: +65 6732 6831 www.piaget.com One man. One engine. One driver. A
      319 words

  • Page 10 Advertisements
    • 224 10 Luxury hotels and prime properties Prime Commercial Complex for sale in Malaysia 77,804 sq. ft. commercial complex Penang Plaza Investors, developers and entrepreneurs will find this (adjoining Sheraton Penang), Penang Island choice selection of prime properties a rare opportunity Indicative sale price: RM 30 million offering great returns on investment
      224 words

  • Page 11 Advertisements
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  • SINGAPORE NEWS
    • 424 12  -  ACNielsen survey finds they are more willing to spend on non-essential items By DANIEL BUENAS SINGAPOREAN consumers are the most upbeat in the world about the performance of their economy over the last six months, according to the findings of an Internet survey by
      Source: AC Nielsen  -  424 words
    • 421 12  -  PROPERTY FOCUS By ANDREA TAN DEVELOPERS looking forward to price increases for high-end homes are likely to be disappointed, according to Jones Lang LaSalle (JLL), unlike what's happening in the Hong Kong property market. JLL head of research for South Asia Feng Zhi
      421 words
    • 275 12  -  The HarbourFront Centre outlet will replace retailer's existing stores By ANDREA TAN ELECTRONICS and furniture retailer SAFE will open its flagship outlet at Harbour Front Centre, taking up over 70,000 sq ft of space currently occupied by The Furniture Mall. The outlet
      275 words
    • 463 12  -  By ANDREA TAN THE Urban Redevelopment Authority hopes to see more developers build sky terraces and has recently relaxed its guidelines. Developers now have greater incentive to build sky terraces, as URA has given gross floor area (GFA) exemption for up to 20 per
      FILE PHOTO  -  463 words
    • 371 12  - Nets take 51 stake in Shanghai firm By NANDE KHIN NETWOBK for Electronic Transfers Singapore Pte Ltd (Nets) has taken a majority stake in a Chinese stored-value card business Shanghai Commercial High and New Technology Development Company (SCT) that will allow Nets to introduce stored-value cards in Shanghai. This latest
      CHRIS LOH  -  371 words
    • 424 13  -  EDB projects industry's annual growth at 5-10% for next 10 years By NANDE KHIN SINGAPORE took another step closer to becoming an engineering and environmental services (EES) hub when six companies in this industry yesterday received the Economic Development Board's (EDB) International Headquarters (IHQ)
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    • 402 13  -  By CHEN HUIFEN GERMAN firm Miltenyi Biotec is set to grow its AsiaPacific business with the opening of its international headquarters in Singapore. The biotechnology company, which specialises in cellular technologies, has ambitions to increase its Asia-Pacific contribution to 15 per cent of its
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  • Page 12 Advertisements
    • 336 12 Call toll-free 1800 289 8822 Email: lotimespfc.coa.sg IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 FULBOURNE INVESTMENTS PTE LTD MEMBERS VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 10 Collyer Quay #19-08, Ocean Building, Singapore *****5 on 10 December 2004, the following resolutions
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    • 320 12 "Notice^ 8 DBS DBS BANK LTD (Incorporated in the Republic of Singapore) (Company Registration No. *****0306E) NOTICE TO WARRANTHOLDERS To: All Holders of 5,000,000 European Style Cash Settled Call Warrants relating to the ordinary shares of Singapore Press Holdings Limited ("SPH") expiring on 17 June 2005 (the "Warrants") Notice is
      320 words
    • 380 12 IN THE MATTER OE THE COMPANIES ACT, (Cap. 50, 1994 Ed) AND IN THE MATTER OF ESPLANADE INVESTMENTS PTE LTD (Company Registration No. *****4979E) (Incorporated in the Republic of Singapore) NOTICE OF CREDITORS MEETING PURSUANT TO SECTION 2% OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that pursuant
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  • Page 13 Advertisements
    • 577 13 Call toll-fee 1800 289 8822 totkottph.com.sg IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MISAKI SINGAPORE PTE LTD (Members' Voluntary liquidation) At an Extraordinary General Meetinaof the Members of MISAKI SINGAPORE PTE LTD, duly convened and held on 10 December 2004 the following wai
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    • 20 13 l *^1 sidecar leather chassis ballpoint, wallet and stitch cufflinks. the paragon 01- 42, ngee ann city 01- 08 JuniJ
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    • 543 13 Extend your global reach Be a part of the International Enterprise Forum 05 2-3 February 2005, Raffles City Convention Centre, Singapore The International Enterprise Forum (lEF) is an annual meeting of top minds on issues relating to internationalisation. Over the course of two power-packed days, the Forum will explore how
      543 words

  • ECONOMY WATCH
    • 797 14 Companies building stores, factories to tap low labour costs, huge market Bloomberg [BEIJING] Foreign direct investment (FDI) in China rose in the first 11 months of the year as companies such as Wal-Mart Stores Inc and DSM NV expanded to tap
      Bloomberg; REUTERS  -  797 words
    • 529 14 They impose measures to cope with end of quotas Reuters [WASHINGTON] The United States and China both took steps on Monday to control an expected flood of cheap Chinese textiles and clothing into the world market after a decades-old quota system expires
      Reuters  -  529 words
    • 216 14 Reuters [WASHINGTON] Optimism at US small businesses rose in November to the highest point in more than 20 years on expectations of faster economic growth and stronger sales, the National Federation of Independent Business (NFIB) said yesterday. NFIB said its
      Reuters  -  216 words
    • 524 14  -  By ANTHONY ROWLEY in Tokyo FAST Asian economies (excluding Japan) will suffer quite a sharp drop in their overall growth rate to 6.3 per cent next year compared with an expected 7.6 per cent for 2004, while inflation will inch up
      524 words
    • 338 14 Reuters {WASHINGTON] The US trade deficit widened nearly 9 per cent in October to a record U5555.5 billion as sky-high oil prices helped propel imports into uncharted territory, the government said yesterday. October's unexpectedly large shortfall pushed the deficit tally for
      Reuters  -  338 words
    • 611 14 AFP [BEIJING] China will wield growing political and security clout in 2005 while working to prevent overheating of its runaway economy as President Hu Jintao enters the new year with his power base solidified. The communist country enjoyed what many analysts say was
      AFP  -  611 words

  • SINGAPORE BRAND AWARD
    • 773 15  -  Some brand names inspire trust, others evoke a sense of belonging or safety.ANGELA TAN takes a look at successful branding stategies ANGELA TAN IN TODAY'S competitive world of endless choices, where customers jump from product to product based on best offerings, brands would seem to have little
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    • 454 15  -  By SARA TANG THF methodology used by Interbrand to assess Singapore's top brands rests on a simple premise: companies own brands because they represent a security of demand and therefore of earnings. Thus, the way we assess brands is similar to the way analysts assess financial
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    • 1030 16  -  'Value-for-money' is the message that goes with Singapore Brand Award winner Akira. KENNETH LIM finds out more KENNETH LIM WITH low-end rivals nipping at its heels and bigwigs fiercely guarding the high-end turf, consumer electronics brand Akira has held tight to one guiding principle: nobody
      CHRIS LOH  -  1,030 words
    • 369 18  -  By CHEN HUIFEM AN Apple fan in my family recently sought views on whether she should get the iPod or the iPod Mini as a Christmas present for herself this month. Why not the Creative Zen Micro, suggested another family member. The reaction from the
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    • 685 18  -  Did you know that Brand's Essence of Chicken was the tonic of British royalty in the 19th century? JOYCE KOH traces its kingly heritage JOYCE KOH IT IS a tonic many have grown up drinking, and most recognise it by its trademark message
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    • 1135 19  -  That's Singapore Airlines, the national carrier that always seems to have the edge, especially when it comes to premier brand recognition.VEN SREENIVASAN learns how the company has so effectively set itself apart from the competition VEN SREENIVASAN WHEN it comes to brand recognition in commercial aviation, few
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    • 832 20  - It's Tiger Time again Rich history notwithstanding, it is the strength of APB's branding strategies that has kept its key brands so relevant over the years, says WONG WEI KONG WONG WEI KONG WINNING accolades for its brands is nothing new to Asia Pacific Breweries (APB), the brewer of Tiger
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    • 443 20  -  By WONG WEI KONG F&N drinks are almost synonymous with festive occasions but there's much more behind one of Singapore's oldest brands. "Deep consumer insights lie at the heart of F&N's branding strategy," said Jennifer See, deputy general manager of corporate marketing at Fraser Neavfe. "It is
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    • 778 21  -  In building its brand values, SingTel has adopted strategies that are focused on its customers. ANGELA TAN has the details ANGELA TAN THFRF was a time when a company's name told you who you were dealing with as well as its heritage. Take Sing Tel, for
      778 words
    • 864 22  -  Sim Puay Suang talks to SIOW LI SEN about how the UOB name was developed over the years to become the recognised brand that it is today SIOW LI SEN THE first time Sim Puay Suang visited UOB chairman Wee Cho Yaw's home in the late *****, she
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  • Page 15 Advertisements
    • 161 15 Celebrating Singapore's 15 Most Valuable Brands As the agency that helps Singapore-based companies grow and internationalise successfully, International Enterprise Singapore (IE Singapore) recognises that branding, together with design, manpower, distribution and international alliance strategies are capabilities that are critical to a company's international business success. As part of our ongoing
      161 words

  • Page 16 Advertisements
    • 139 16 c. W9 jifl l§ H^H j^jl^J^lj^g^ OWC ASIA PACIFIC BREWERIES (APB) IS HONOURED TO BE ONE OF THE MOST VALUABLE Australia, USA and Europe) and 170 countries respectively. Our portfolio of over HSI BRANDS IN SINGAPORE FOR THREE CONSECUTIVE YEARS. APB is delighted to be 40 beer and stout brands
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  • Page 17 Advertisements
    • 380 17 osim) 13 |i B.jj Ti jfJHH ■BHBIH IMHHHHHIHHHHI 91 £l hb WKK a;rit 1' -if--.il OSIM healthfocus f r OSIM hygknefocu. i 08IM rurtrltkmfoous OSfM fHmsfocus is about making the right is about clean air, clean Is about supplementing is about bringing the choices water and clean daily nutritional convenience
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  • Page 18 Advertisements
    • 107 18 I'- -'*r 1 m Cheers! F&N has won the ''Singapore's Most Valuable Brands" award again. 1 v* (1/ •> w. 1 If v J* v.'** I f* V »V M v u a v \V: S ifflßßmi -V* 1,1 F&N, an all-time favourite brand, is going from strength to strength
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  • Page 19 Advertisements
    • 23 19 ■X!l!y V M Great Life, U great! i Pickering Street #01-01 Great Eastern Centre Singapore *****9. Visit us at our website: www.lifeisgreat.com.sg Eastern
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  • Page 20 Advertisements
    • 150 20 m m A V 4t2L v jtf V' 4 iW&mr m I iw' 4 m H 2 -Jl BP J^H II 1 m. V JRt ft. *H /fl CiA i HHBSjrV ,JS■ M -•ir- sgx mainboard-llsted Food Empire Is proud to be a winner of the sQRA N D >|
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  • Page 22 Advertisements
    • 173 22 i M JL /p mL It is an honour to win the Singapore Brand Award for a third consecutive year. Over the last 125 years we have «QDA KJ Q >| fS jf built a brand that is recognised and trusted throughout Asia. In the recent years, we are also
      173 words

  • MALAYSIA/INDONESIA
    • 202 23 Reuters [KUAIA LUMPUR] Malaysia's leisure-to-power group Genting Bhd announced yesterday it had signed a 3-year production sharing contract with Indonesian industry regulator BPMigas for the Northwest Natuna Block off Indonesia. Genting said in a statement its subsidiary, Genting Oil Natuna Pte Ltd, will operate
      Reuters  -  202 words
    • 2624 23 VOL FSBM „0.77 -0.07 36 D«c14 com FTEC Resources 0.51 0.02 540 Furqan Bus. Org 0.33 -0.01 905 A M Realty 1.24 unch 5 Gadang 1.40 -0.01 1207 Abric 0.56 unch 43 Gamuda 5.10 -0.15 792 ACP Industries 1.18 -0.01 179 GeneralCorp 0.51 0.01 88 Advance
      2,624 words
    • 366 23 The M'sian pension fund will receive a 6-7% yield over the next 7 years Reuters [KUAIA LUMPUR] Asia-fo-cused bank Standard Chartered has teamed up with Malaysia's state pension fund in a RM3BO million (Ssl6s million) deal to triple the bank's Islamic lending
      Reuters  -  366 words
    • 101 23 AFP IKOTA BABU]Flood waters covering the grounds of a school in a village in Kelantan state. The death toll in Malaysia's worst floods in two decades rose to 13 yesterday with 15,000 people evacuated from their homes, police said. Raging rivers fed by monsoon rains during the
      AFP; AP  -  101 words
    • 444 23 Bloomberg [JAKARTA] PT Bank Global Internasional, one of Indonesia's 10 smallest publicly traded lenders, was ordered by the central bank to suspend its business after missing a deadline to increase its capital to comply with regulatory standards. The one-month suspension, announced by Bank
      Bloomberg  -  444 words
    • 364 23 AFP [JAKARTA] Indonesia needs US$45 billion in foreign investment over the next five years for infrastructure projects, Economics Minister Aburizal Bakrie said. Mr Bakrie said the money was needed to cover shortfalls in a projected $75 billion bill to revitalise the country's potentially lucrative oil,
      AFP  -  364 words
    • 196 23 Reuters (JAKARTA] Indonesian foreign investment approvals in the first 11 months of this year were 30 per cent lower than a year earlier at US$9.5B billion, data from the investment board showed, local media said yesterday. Domestic investment approvals dropped 31.8 per cent over the
      Reuters  -  196 words
    • 367 23 Bloomberg [KUAIA LUMPUR] Malaysia is unlikely to review the ringgit's peg to the dollar next year because a decline in the currency's value has not been enough to upset its economy, according to research company Forecast Ltd. "A review of the ringgit peg could
      Bloomberg  -  367 words

  • GREATER CHINA/INDIA
    • 486 24 Analysts say it may sell the plastics maker a refinery or take it private Reuters [HONG KONG] Oil giant Sinopec might sell a refinery to Beijing Yanhua Petrochemical Co or take the unit private as it restructures the plastics maker, analysts said yesterday. Sinopec, Asia's
      Reuters  -  486 words
    • 320 24 AP [NEW DELHI] Warming relations between South Asian rivals India and Pakistan are proving a boon for bilateral trade, which increased threefold in the last four months, the government said yesterday. "The two-way trade between India and Pakistan during April-July 2004 has almost tripled,
      AP  -  320 words
    • 681 24 Bloomberg [BEIJING] Foreign buyers targeting the world's No 2 bad-loan market aren't seeing the deals that helped Japan's banks clear US$6OO billion of debt in seven years. In China, international banks are missing out on a potential US$4O billion in purchases that could generate
      Bloomberg; REUTERS  -  681 words
    • 692 24  -  HONG KONG INSIGHT Incurring such heavy debt to buy IBM's PC business may not be so wise JEAN CHUA Reporter WITH its acquisition of IBM's personal computer business, China's Lenovo Group will become the third largest manufacturer of desktops in the world, behind Dell
      692 words
    • 184 24 Reuters [NEW YOBK] ICICI Bank. India's second-biggest commercial bank, has approved plans to issue American Depositary Receipts against existing domestic shares to reach more global investors. It plans to convert as many as 44 million local shares into American depositary receipts worth about US$422
      Reuters; BLOOMBERG  -  184 words
    • 199 24 AFP [BEIJING] China was Asia's second most important market for mergers and acquisitions (MBiAs) after Japan in the first 11 months of 2004, boosted by a series of high-profile deals, a survey by audit firm KPMG showed yesterday. Altogether, 326 deals involving Chinese
      AFP  -  199 words
    • 161 24 AP [HONG KONG] Fast food giant McDonald's has been fined HK$7,OOO (551,480) for selling a condiment that contained a banned sweetener. officials said yesterday. Officials found that the restaurant chain's Honey BBQ powder to be eaten with french fries contained the artificial sweetener stevioside. which
      AP  -  161 words

  • ASIA-PACIFIC/WORLD
    • 569 25 4th qtr rally will continue to 2005 if they start to invest the money: analysts Bloomberg Reuters [NEW YORK] US companies have stored away the most cash in more than three decades. As they follow the lead of Sprint Corp
      Bloomberg; Reuters  -  569 words
    • 423 25 Reuters [NEW YORK] New York Stock Exchange traders shouting buy and sell orders the faces of capitalism in action have been fighting off extinction as the rise of computer marketmaking systems have marginalised their role. But a new trading system to be
      Reuters  -  423 words
    • 349 25 NYT [NEW YORK] In the credit card world, it pays to be persistent. American Express, which fought for years for the right to sign deals with US banks that issue cards on the Visa and MasterCard networks, said late on Monday that
      NYT  -  349 words
    • 452 25 Reuters [MILLAU, France] President Jacques Chirac inaugurated the world's highest bridge yesterday, a creation taller than the Eiffel Tower, longer than the Champs Elysees and designed to end a traffic bottleneck in southern France. Conceived by British architect Norman Foster, the slender white
      Reuters; AP  -  452 words
    • 428 25 Bloomberg [WASHINGTON] One of the best indicators of superior returns on US stocks during President George W Bush's first term was contributions to Republican candidates. The 50 companies that most favoured Republicans with their political donations delivered an average 44 per cent return on
      Bloomberg  -  428 words
    • 368 25 Bloomberg [LONDON] Administrators to Courts pic, the UK furniture retailer on the verge of bankruptcy, said retail consultant SB Capital Group will buy 14 of Courts' 88 British stores and prepare the rest for closure in February. All the stores will
      Bloomberg  -  368 words
    • WORLD WATCH
      • 73 25 Bloomberg [PRINCETON] 3Com Corp, seeking to bolster declining sales of its switches that run corporate networks, said it will buy Tipping Point Technologies Inc for US$43O million to gain a line of network security products. 3Com, will pay US$47 a share, al3 per cent premium
        Bloomberg  -  73 words
      • 105 25 Reuters [SHUULJ UStund Newbridge Capital is in talks to buy an 18 per cent stake in Samsung Life Insurance Co, currently valued at around 780 billion won (Ssl .2 billion), a local online news agency reported yesterday. Banks and other financial institutions
        Reuters  -  105 words
      • 40 25 Reuters [SYDNKYI Australian billionaire Kerry Packer's Publishing and Broadcasting Ltd band West Australian Newspapers said yesterday that they agreed to pay a combined A 5347 million (***** million) for cinema firm Hoyts Group. Reuters
        Reuters  -  40 words
      • 59 25 AP [ZURICH] Insurance giant Zurich Financial Services said yesterday it had reached a U5547.5 million settlement in the United States to end litigation over the bankruptcy of a nursing home chain. The agreement was reached between a US-based Zurich Financial subsidiary ZC Specialty Insurance Company,
        AP  -  59 words

  • AVIATION
    • 421 26 Bloomberg IMS ANGKLHS] US Airways Croup flight attendants voted to strike if the carrier throws out a labour contract to secure US$l5O million in job, wage and benefit reductions. Members of the Association of Flight Attendants voted to authorise a strike in which
      Bloomberg  -  421 words
    • 300 26 Bloomberg [HONG KONG] Jetstar Asia, the international budget unit of Qantas Airways, said it expects to make a profit in one to two years. The Singapore-based airline, which on Monday started flights to Hong Kong, will be profitable "within a
      Bloomberg  -  300 words
    • 1947 26 CITY FLIGHT ETA FLIGHT ETD Darwin AF8087 1855 A***** 2235 Adelaide 8A7381 1855 LH9770 2245 BA QF81 18S5 LH9771 1855 SQ229 2245 n. L..I OF81 1855 Delhi SQ407 0440 IC858 1145 S0230 1855 AI480 0730 AI481 1355 Ahmedabad SQ46l l420 SQ462 0220 4tsI Amsterdam SQ323 0645
      1,947 words
    • 732 26 SIA to keep fuel surcharges, face up to challenges from low-fare airlines Bloomberg [BANGKOK) Singapore Airlines and Asiana Airlines, two Asian members of the 15-airline Star Alliance, said global demand for air travel is expected to expand by about
      Bloomberg; AFP FILE PHOTO  -  732 words
    • 525 26 AFP [CEßGY, France] Air France has been exonerated from any responsibility for the crash of one of its Concorde supersonic airliners in 2000, a legal source said on Monday, on the eve of the handing over of the final investigative report into the
      AFP; AP FILE PHOTO  -  525 words
    • 210 26  -  By VEN SREENIVASAN [SINGAPORF] In a move which significantly enhances the range of services that it can provide in China, Singapore Airlines Cargo has been awarded dangerous goods permit by the Civil Aviation Administration of China (CAAC). The permit given by the Central
      210 words

  • SHIPPING
    • 615 27  -  Bunge will expand storage facilities to meet growing Asean demand By DONALD URQUHART [SINGAPORE] In a bid to meet rapidly growing demand for soybean meal worth an estimated US$l.46 billion annually within Asean, Bunge Agri--4 business Singapore Pte Ltd yesterday signed a
      615 words
    • 513 27 Breached tank had only 41,138 gallons of fuel; few animals found affected AP [ANCHORAGE, Alaska] US Coast Guard officials said an oil and fuel spill from a freighter that broke in two when it ran aground off Alaska's coast probably amounted to
      AP  -  513 words
    • 40 27 [JAKARTA] Indonesian sailors bringing to Jakarta suspected pirates arrested for attacking a Singaporean ship in Karimata Strait on Sunday. Piracy plagues the region's waters, especially in the Malacca Strait, the world's busiest sea-lane. REUTERS
      REUTERS  -  40 words
    • 336 27 AFP [KUALA LUMPUR] Malaysia must simplify tariffs, cut red tape and make local ports duty-free if it wants compete with major hubs like Hong Kong and Singapore, a report said yesterday. The Federation of Malaysian Port Operating Companies chairman G Gnanalingam told
      AFP  -  336 words
    • 187 27 Bloomberg [LONDON] Overseas Shipholding Group, the largest US-based oil tanker owner, agreed to buy Stelmar Shipping for US$B43 million to add smaller vessels with more stable rates. Overseas Shipholding, based in New York, will pay US$4B a share in cash, an 8.3 per
      Bloomberg  -  187 words
    • 302 27 SGX '000 Dec 14 SS *1- Vol CH Offshore 0.37 unch 641 Chuan Hup 0.63 0.01 832 Cosco Corporation 1.05 0.08 ***** CWT Distribution 0.56 unch 32 Ezra Hldgs 1.16 0.01 83 Freight Links 0.09 unch 99 Grand Banks Yacht 0.95 -0.04 5 Jaya Holdings ....1.01 unch 504
      302 words
    • 775 27  -  STRAIT TALK By DAVID HUGHES OVER the past few weeks, International Salvage Union (ISU) president Hans van Rooij has been addressing forums worldwide, hammering home the message that we need a viable global salvage industry. That message has become more relevant after the recent container
      775 words

  • EDITORIAL & OPINION
    • 522 28 EDITORIAL SOON after news of the financial disaster at China Aviation Oil surfaced last month, the SGX cautioned against tarring all China-related companies with the same brush. "It's not about Chinese companies...," said a spokeswoman from the exchange. "Any company can go wrong, so we
      522 words
    • 768 28  -  THE BOTTOM LINE FRANK CHING THE unexpected defeat of President Chen Shui-bian's pro-independence forces in Saturday's legislative elections in Taiwan has created a situation that may finally be conducive to the resumption of cross-straits talks. If, as widely predicted, pro-independence legislators had
      768 words
    • 903 28  -  Japan's recent changes to its defence policy has put a dent in the region's sense of security ANTHONY ROWLEY Tokyo Correspondent TENSION among major powers in North-east Asia over security issues continues to ratchet up and it jumped at least several notches last week when Japan
      AFP  -  903 words
    • 125 28 'This is the business of wants, not needs. Our customers feel it's all right to be hedonistic, especially at holiday time.' Sudha Chinniah, a salesman at a top men's store in New York, acknowledging core truths of the garment trade 'Lenovo hasn't had a particularly successful track
      125 words
    • 349 29  -  LETTERS TO THE EDITOR Ricky Ang Group Managing Director and CEO Panpac Media Group Limited WE refer to Joyce Koh's article titled "Auston's accounting problems referred to CAD" (BT, Dec 14). Panpac Media Group Limited completed the acquisition of a 78 per cent
      349 words
    • 211 29  -  Joel Kornreich Business Director Sales, Distribution and Marketing Citibank Singapore WE write in response to the letter "Why the contradiction, Citibank?" by VN Ratnam (BT, Dec 9) with regards to Citibank's Singapore Dollar Time Deposit advertisement in The Business Times on Dec 6. We
      211 words
    • Article, Illustration
      930 29  -  Turkey has been knocking on the EU's door for over 40 years, but emotion and prejudice have kept Ankara outside the gates SHADA ISLAM Brussels Correspondent SIX months after the European Union expanded to the east, the bloc's leaders meeting in Brussels this week are expected to
      930 words
    • 1454 29 STRAITS TIMES INDEX STOCKS Stock name Wt Close Change Stock name Wt Pose Change Allgreen 50c 0 29 1.050 +0.010 NOL 2 09 2.940 +0.040 BIL Intl US20c 0 44 0.950 +0.005 OC8C 9 86 13.200 +0.200 CapitaLand 1.36 2 040 +0 040 Parkway H 25c 0 68 1 460
      1,454 words

  • Page 29 Advertisements
    • 103 29 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, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification Please use temperate language, and bear in mind libel
      103 words
  • Page 29 Miscellaneous
    • 111 29 CRYPTIC CROSSWORD words of praise 3 Teamaker inside ring during to 23 Josephine put black mark on 19 S ZjßLZjlt-jßlßlß— 24 Team ride dangerously tak- ancestry' mixec transverse measurement WM (8) YESTERDAY'S SOLUTION 33- 26 Caught during finale con- Shdpan," 10 Ptong. ?I°nowdonia 9 suming gin (8) 13 Moderate, 14
      111 words

  • 10194 30 SGX MA1NB0ARP 52-Wk Tel Last Vol Day Last Quote GrOiv Div GrYW Net MCap High Low Code Company Sale COOP) High Low Buyer S*Htf Cvr P/E SwiH 255 5.5 5716 1st Software 5c 6.5 unch 450 6.5 6.5 6 6.5 263 34 5 15 5 3148 8TelecomUS2c 16.5
    10,194 words
  • Page 30 Advertisements
    • 52 30 IGUET "2 Le maitre de l'horlogerie depuis 1875 -o Mm JT -■*m j/FW* Available at: m f Regional Agent, Showroom Service Centre: AUOEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. 501 Orchard Road #03-10/11 Wheelock Place Singapore *****0. Tel: 6238 6678 Fax: 6238 6676. Ngee Ann City Tel: 6733 0618 Lucky Plaza Tel:
      52 words

  • 5717 31 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES hi local cur na laUSS &i %{fi %if yr %dy %yt P» 11 ma» Ol—— O—— Chang* Chang* Oung« Onrn« _Worid Inbb PreWiranaty 834 7 05 72 0L3 6.3 0.7 9.6 itmPntowmi TViO 07 7,5 OJ M 13 130 ,jfm> 08 00 09
    5,717 words

  • Page 32 Advertisements
    • 1769 32 I TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I VESSEL VOY PKG ETA SIN LONG BEACH| DALLAS HOUSTON MEMPHIS CHICAGO NEW YORK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) OOCL ROTTERDAM 08E51 14/12 15/12 31/12 06/01 07/01 05/01 05/01 08/01 VESSEL VOY TTASHT PKG FRE BNE SYD MEL AM OOCL
      1,769 words
    • 926 32 IINTERASIA KOtO SERVICE vissa/vor iumkkt) hbchtqh) fkg kch ia I sin I jkt I STUAITS VEMTUK/17 15 3.2 09/12 12/12 16/12 19/12 21/12 STRAITS VENTURE /II 15 3.2 23/12 24/12 30/12 02/01 04/01 STUAITS VENTURE /I 15 3.2 13/01 16/01 18/01 I WIST ASIA/HNOAI RORO SVS VISSH/VOY MMP(KT) HtIGHT(M) YOK
      926 words

  • Page 33 Advertisements
    • 1169 33 MOL Combines 7 a range of shipping modes to ensure timely, reliable services covering major porte m North America, Europe, Japan, Asia, Africa Oceania. Also accept Intra-Asia Cargoes to: BUSAN KWANGYANG SHANGHAI YANTIAN XIAMEN QMGDAO BELAWAN JAKARTA SURABAYA KAOHSIUNG BANGKOK LAEM CHABANG HOCHIMINH PASIR CUDANC PINANG PORT KIIANC For Schedules,
      1,169 words
    • 1438 33 VESSEL TOY SIN JKT HIST(HH|INC KYH PUS VESSEL VOY SIN JKT SUB HKG USN PUS HY BRIDGE 087S 23/12 25/12 30/12 1/1 3/1 5/1 5/1 KMTC SINGAPORE 417S 19/12 22/12 23/12 28/12 1/1 2/1 HY VLADIVOSTOK IS2S 30/12 1/1 6/1 1/1 10/1 12/1 12/1 KMTC SHANGHAI 415S 26/12 29/12 30/12
      1,438 words
    • 1065 33 (HD WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESStI VOT SIN P.KLANG COLOMBO H. SHEV* COLOMBO BAY BRIDGE 004W 13 DEC 15 DEC 18 DEC 21 DEC 2UK PACIFIC QUEST 0002W 20 DEC 2? DEC 25 DEC 28 DEC 31 DEC KQTA PERWIRA YPWOSS
      1,065 words

  • Page 34 Advertisements
    • 774 34 liUiAf wallenius wilhelmsen website: http://www.2wglobal.tom VISSEI "VOY RAMP HEIGHT SIN LM MAO HOP* Ml* SAV »Al ~OR?~ NYC HEW MOB TAMESIS AF424 320Tb«$ 6.4 M 20/12 08/01 19/01 26/01 27/01 31/01 30/01 02/01 23/01 TAMPA Af SOI 4201 ms 6.4 M 01/01 24/01 02/02 09/02 10/02 14/02 12/02 16/02 06/02
      774 words
    • 1528 34 vessel yor mn ?S! YKM ¥01 at «t P*c lANDA 1363 M IZZI2 IZZU_ PAC »HWAW S2ZI 16/12 19/12 PAC I AMD* 1364N UZI3 !»Z!L_ PACIAU 4115 U/12 21/12 csf 230) ootip I!Z12 20/n kikmmi mi 21/1? 24/12 PAC lANDA 136SN M/H PA( MNTAN 9279 23/12 26/12 PAC »AHDA um
      1,528 words
    • 648 34 BSA x MYANMA BH FIVE STAR LINE (Myanmar Notional Line) Loading for Yangon VESSEL VOY SIN PKI PEN PGU PAGAN 338W SLD SLD HPA-AN 330W SU) IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUI/PKL: 03-*****388 PIN: 04-*****15 JIHHk ACCEPTING CONVENTIONAL C6O HKG SIN HKG SIN PGU PKL KUC NAVE HEART 105 SiO
      648 words

  • Page 35 Advertisements
    • 1610 35 I /I S pore Agents lAL Shipping Agen<v (S) Pte ltd (CR MO: **********0Z) I \Wv% (I I 180CetlSlTM! #l"03 Bangkok Bank Buildmo Singaporeo69S46 I crnterasia JL~ItICS Tel: >323 t44t/77 Fax *****433 Webslta: www.i»t»ra»iali»«s.taai 1 SUPER EXPRESSSERVICETO HONG KONG VESSEL YOY OSK KOi SMZ TYO TOK HKG PKL SOP VESSB
      1,610 words
    • 1253 35 r~f— lIM CO MAM:TIL*22I-1333FAX:4221-52/2 /rsy I LI 111 CO CUSTOMER SfRVICE; TEL: 6221-5596 FAX: 6227-8190 /CJ4>ll SINGAPORE: TONG XX) SHIPPING RTF ITD WtWta www*ditae«.coi« KICULAI COMTAINIKISIP SEtVICES TO MAUVSU, HUMI, MYJUUH AMP YliTmM~ YtSStl W ETA SIN ICH W» VtSStl W ETA SIN HU VESSEI VOT OA SIN SIIU Vtssa
      1,253 words
    • 516 35 ■PSffHl TIGER PEARL 743N 18 19/12 24 26/12 01-02/01 ■iUfUNMI TIGER SKY 244N 21-22/12 28 30/12 04-05/01 1 TIGER SEA 245N 25 26/12 31-02/01 08-09/01 I ■■■■■TIGERWAVE 246N 28-29/12 04-06/01 11-12/01 I TIGER PEARL 247N 01-02/01 07-09/01 15-16/01 wmrmmZmi —or"mrn2nviro?CT ■yifIIMMxPRESLHOTSE 613 18 19/12 24 26/12 I ■UUImTIGER CLIFF 01
      516 words

  • THE BUSINESS TIMES SHIPPING TIMES
    • 8202 36 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number "OBfcK JOi* V t ADiniAM/adi\ inn? r r».i To HAIPHONG (HPH) 2147 Vietnam n,n VERONIQUE DELMAS S06W 22/12 2912 llluZZl
      8,202 words

  • MOTORING
    • 525 37  -  By SAMUEL EE CHINA may be Asia's fastest growing vehicle market but Asean will remain the largest for at least the next couple of years, says an Asia Pacific automotive expert. Torsten Kaehlert, senior relationship manager Automotive Industry Asia Pacific at Deutsche Bank,
      FILE PHOTO  -  525 words
    • 505 37  -  How will the Proton car fare against its competitors when it is launched next year? SAMUEL EE looks at the players in the thriving market SAMUEL EE ROTON is set to enter the increasingly popufig lar budget mini segment later next month when
      505 words
  • Page 37 Advertisements
    • 491 37 Deutsche Bank 13 DEUTSCHE BANK AG, LONDON BRANCH (Incorporated under the laws of the Federal Republic of Germany) NOTICE TO WARRANTHOLDERS To all holders of: (a) 80,000,000 European Style Cash Settled Call Warrants expiring on 28 February 2005 (SPH DB ECW*****8); (b) 40,000,000 European Style Cash Settled Call Warrants expiring
      491 words
    • 987 37 AQUA-TERRA SUPPLY CO. LIMITED (Incorporated in the Republic of Singapore) (Reg No.: *****0108 D) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING EfiM of Aqua-Terra Supply Co. Limited (the Company will be convened on 31 December 2004 at 10 00 a.m. at No. 2
      987 words

  • EXECUTIVE MONEY
    • 1191 38  -  YOU AND THE TAXMAN LIM GEK KHIM and RUSSELL AUBREY examine the tax treatment of forex gains and losses LIM GEK KHIM,RUSSELL AUBREY By ERNST YOUNG IN today's economy, where the world is the marketplace, most companies will have some transactions in a foreign currency. Any fluctuations in
      By ERNST & YOUNG  -  1,191 words
    • 411 38  -  By Chua Boon Lee Standard Poor's Associate, Fund Services A weekly highlight of the top fund sectors over a 12-month period. Data from Standard Poor's Fund Services. Fund profile* There was a sUbtte drift in the pnMeof Singapore's unit trust intone in the •istll months
      411 words
    • 1058 39  -  MONEY MATTERS must come up. Thailand went from emerging markets darling in 2003 to last place in 2004. But all the numbers now point to the country racing ahead of the curve again MICHAEL PREISS WHAT a difference a year can make. From the world's third best
      AFP  -  1,058 words
    • 3615 39 UHIT TRUSTS FUNDS ■IB— Shenton Thrift!" 1064/1107 KiHliySEUIHHlBM niMiihiiwi \5W\m Shtaon iicome<USD) 0931/0.959 9wtnMiMkl" 0837/087 2222E ShManGfeGnanvnilK/**. 0680.707 ii?S ftwimDynwfctad/* 1422/1465 S*2?Tkw5S i„, SkMaCnttOto 1.112/1229 S2V2T Vrni 0.709*173 IJffl Stuon Glut 136BC.047 JrSJ 109W1.141 J* 5 '"T* 0 PJJJi, °TZ!. Shenton Greater Europe 1.002/1.042 bqS ABtKnowtedje 1.132/1.177 0.97W Enhanced trameSCO/1
      3,615 words
    • 1155 40  -  GENEVIEVE CUA looks at the pros and cons of equity-linked notes, and how the plunge in CAO shares has highlighted a worst-case scenario for some of these investments GENEVIEVE CUA ARE equity-linked notes (ELNs) suitable for you? Recently, a DBS-packaged equity-linked product mistakenly labelled a "deposit" on hindsight
      1,155 words
  • Page 38 Advertisements
    • 480 38 I v fB tp v I wffB£S^^&3u£E^Bs^^^^^^^k ft la a N. \I U f Sb 7 ;|lf^ Ki v H <JH IBV IB' CM Iwig V ■I W w¥ j >-- IH]| a a ilSgi^^^Bib^^slSß^^^^^B jr _j A X I JK MHBg 1 «EFJ» iSisi** y> '<jJ' I 1 m
      480 words

  • Page 39 Advertisements
    • 46 39 Fair View Court For Sale By Tender W Freehold Approximate*/32,000 sq ft Plot Ratio 1A up to 5 storeys Exclusive location dona mill Upper East Coast Roaa lrt f— —F«jrvi#w Near amenities and 00% consensus from owners CBRE Tel: 6224 8181 cb richard elus I —————J
      46 words

  • Page 40 Advertisements
    • 215 40 S IMOKIA Connecting People i Open up the possibilities. You work a step ahead of the rest. Keeping pace with you is the Nokia 9500 Communicator. More than a device with critical business applications, versatile network connection and high memory capacity, it's a mobile office that offers virtually seamless connectivity.
      215 words
    • 17 40 mm* money T. JB MATTERS Why Thailand could well race ahead of the WF&-& curve again PG39
      17 words