The Business Times, 15 November 2006
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2006-11-15
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The Business Times
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Title Section24 2006-11-15 1 THE BUSINESS TIMES warn th ANNIViISARY 5) SINGAPORE 85 cents online at http://business-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 099/03/2006 Wednesday, November 15,200624 words
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743 2006-11-15 1 CHUANG PECK MING - And big payouts will not be confined to financial industry By CHUANG PECK MING [SINGAPORE] Employees are collecting bigger bonuses for a second straight year and some payouts this year could be more than six months' salary, human resource (HR) and pay consultants743 words
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Article134 2006-11-15 1 STI 2.759.88 (+12.64) ST INDEX FUTURES 2,761.00 (+12.00) SIMSCI 335.53 (+1.97) SIMSCI FUTURES 337.10 (+3.00) MARKETS Tuesday Change KLCOMP 1,030.09 +10.28 NIKKEL225 16,289.55 +267.06 HANG SENG 18,878.42 +9.88 SET INDEX J.96 JAKARTA COMP 1,672.071 +32.801 MANILA COMP 2,801.79 -20,13 SEOUL COMP 1.407.37 +10.68 SHENZHENB ***** +0.87 MUMBAIIND 13,425.50134 words
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745 2006-11-15 1 WONG WEI KONG - Temasek cautiously optimistic about resolving Shin issue By WONG WEI KONG [SINGAPORE] The government yesterday rejected suggestions from some MPs that it should intervene or set parameters for investments made by Temasek Holdings, following the Singapore investment company's controversial acquisition of745 words
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Advertisement48 2006-11-15 1 >r Jt i" •>. y' x v < ■> ECONOMY Wbrld Bank sees strong East Asia growth f' s»- «r PAGE 14 CORPORATE RESULTS oCBC:Q3netup 7% PAGE 4 Hyflux: Q3 profit down 86% PAGE 6 TRUFFLE TREAT HK property tycoon Gordon Wu forks out 125,000 euros for gourmet truffle PAGE48 words
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Advertisement146 2006-11-15 1 S'PORE BANKS Jlpjl Seek foreign, not local, mergers: NgiamTbng Dow T- *%3 T K -4 r.y f if Vl i I v a' r < .Val- A Invenit et Fecit invented and made The motto of a contemporary watchmaker building his own history. r X%J3 |j asjr aga ftp- 4roif^146 words
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Advertisement13 2006-11-15 1 EXEC MONEY Disability; Need to boost income protection plans PAGE 32 V. f13 words
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TOP STORIES
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Article, Illustration570 2006-11-15 2 MATTHEW PHAN - Watson Wyatt also forecasts 3.9% rise in wages this year; finance sector hike to top 6% By MATTHEW PHAN [SINGAPORE] A majority of Singapore companies have used the 3 per cent CPF cuts in employer contributions instituted in October 2003570 words
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Article430 2006-11-15 2 GST hike: breakeven cost of housing projects may rise THE two percentage point hike in the Goods and Services Tax could result in a direct rise of up to one per cent in the breakeven cost of residential property projects. But the GST rise, combined with rising construction430 words
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504 2006-11-15 3 KALPANA RASHIWALA - Developers also point to rising construction costs adding to tax bill By KALPANA RASHIWALA [SINGAPORE] The two percentage point hike in the Goods and Services Tax could result in a direct rise of up to one per cent in the breakeven cost504 words
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844 2006-11-15 3 CONRAD TAN - GST INCREASE Sensible to broaden tax base as population ages By CONRAD TAN [SINGAPORE] The proposed increase in goods and services tax (GST) from 5 per cent to 7 per cent makes good sense, say economists, but they cautioned that844 words
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Advertisement115 2006-11-15 2 ;>****• act*WXC*-** 2SSK*^w»apnßwrmm «»«r»!T*'s-wamtsaHtwv-A .j.. »-»..«j»»i wwiwiupwiwi un. iiwwi MP y- J»J_J£l|Jjg!j;SgSSigil£lg ggJ-L^ULLll'' in (inll'NKiiiiiihi 11 ii■■■wmmbbulu milliwusiin O GUEST-OF-HONOUR ASSOCIATE PROFESSOR HO PENG KEE fjMR Senior Minister Of State For Law Home Affairs O PROGRAMME HIGHLIGHTS Electronic Identification Closed-Door Government Briefing o SEMINAR Q on 't m jss the115 words
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Advertisement64 2006-11-15 2 people Corporate matchmakers. www thepeopleatwoik.com Asia-Pacific Executive Search v> J iff *i*tl '-^<->^j®iy^S^^^l^^3®hste&^3|^^SMMesii>^ v rt•'•*'•' r llfJ- .**>%. 'Mir 3raiW^^g^9aj?'"y* ■•-■v' .'.5--'. ■H^g§(g« 4 *Xii. j&&t£h I >f'~- w fc d 1 f c"» J I <- I i %y* ''Sas? EST? 1954 SINCERE fine watches NGEE ANN CITY TEL64 words
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Advertisement155 2006-11-15 3 I MMK H Climate ala carte. It's comfort in a new light. |Wwmß I Wm The new generation E-Class has arrived. With 4-zone THERMOTRONIC comfort air conditioning. H SSHK Bj||||B Wm *> Women tend to feel the cold new E-Class creates an individual controls for each seat, maintaining you travel155 words
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Advertisement7 2006-11-15 3 EDITORIAL Securing Singapore's revenue position PAGE 227 words
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COMPANY NEWS
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Article, Illustration691 2006-11-15 4 CONRAD RAJ - Net profit rises to a record $379m; total revenue up 13% to $831m By CONRAD RAJ OVERSEA-CHINESE Banking Corporation, the smallest of the three local banks, yesterday reported a 7 per cent rise in third-quarter net earnings, in contrast to the forecastsPHOTOS: ARTHUR LEE - 691 words
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Article, Illustration663 2006-11-15 4 ANGELA TAN - By ANGELA TAN SINGAPORE'S three local banks must sharpen their skills and go into joint ventures and mergers with foreign banks to compete globally, former senior civil servant Ngiam Tong Dow said yesterday. Speaking in his personal capacity, Mr Ngiam said a push663 words
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644 2006-11-15 4 KALPANA RASHIWALA - By KALPANA RASHIWALA CITY Developments has said next year wiH be a good time for it to look at an office real estate investment trust (Reit), given that office rents are escalating and that more of its644 words
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326 2006-11-15 4 DONALD URQUHART - By DONALD URQUHART EMERGING offshore rig builder Labroy Marine has posted a 21 per cent rise in thircj-quarter profit as it enjoys a record order book of $1.84 billion. Net profit for the three months ended Sept 30 rose to326 words
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681 2006-11-15 4 SIOW LI SEN - HOCK LOCK SIEW By SIOW LI SEN DOING business overseas is always fraught with risk. OSIM International was in the headlines last month after poor-quality fakes of its best-selling uZap body trimmer in China, where the company has been operating for some 13 years, spread681 words
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377 2006-11-15 6 JEAN CHUA - All documents in order and transfer done in accordance with Chinese law By JEAN CHUA HENGXIN Technology said yesterday that its deal involving the transfer of the assets of a now-defunct company was above board and in accordance with Chinese law. "We wish377 words
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Article, Illustration466 2006-11-15 6 KALPANA RASHIWALA - By KALPANA RASHIWALA FRASERS Centrepoint Ltd (FCL) has bought the adjacent Bedok and Changi theatre sites for $40.8 million and plans to develop the leasehold sites into a mall which, when completed, it will pump into its shopping centre trust, Frasers Centrepoint Trust.466 words
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308 2006-11-15 6 OH BOON PING - By OH BOON PING RETAILER Isetan yesterday reported a more than doubling of net profit to $2.8 million on a 9 per cent rise in sales to $73.1 million for its third quarter ended Sept 30.2006. For the corresponding308 words
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479 2006-11-15 6 MATTHEW PHAN - By MATTHEW PHAN WATER treatment specialist Hyflux delivered disappointing third-quarter results yesterday, with an 86 per cent slump in net profit to $1.88 million, and warned of a "marginally profitable" fourth quarter arising from business development and financing costs. This resulted479 words
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387 2006-11-15 6 UMA SHANKARI - By UMA SHANKARI BOOSTED by gains from the disposal of its UK unit, Wheelock Properties (Singapore) yesterday said that net profit for the second quarter ended Sept 30 more than quadrupled to $136.1 million. Net profit for the three months387 words
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351 2006-11-15 6 TEH HOOI LING - By TEH HOOI LING OLAM International, a global integrated supply chain manager of agricultural products and food ingredients, yesterday announced a 23.8 per cent jump in net earnings to $8.1 million for the three months ended Sept 30. Revenue rose 26351 words
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473 2006-11-15 7 OH BOON PING - It expands metals, rubber business, ventures into nameplates industry By OH BOON PING HELPED by a slew of new orders, HLN Technologies, a producer of precision elastomeric, polymeric and metal components, looks set to achieve more than $50 million in turnover next473 words
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403 2006-11-15 7 OH BOON PING - By OH BOON PING MEMORY Devices Ltd yesterday reported a 16 per cent rise in third-quarter net profit to a record US$3.7 million as sales surged 77 per cent to US$B3.9 million. On a nine-month basis, earnings rose 42 per cent403 words
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281 2006-11-15 7 ROLAND LIM - By ROLAND LIM VANTAGE Corp, a major shareholder of Nasdaqlisted Pacific Internet (PacNet), is still in the red at half-time. For the six months ended Sept 30, 2006, Vantage reported a net loss of $1.5 million, 67 per cent lower281 words
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COMPANY BRIEFS
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Article65 2006-11-15 7 AIROCEAN yesterday reported a loss of $498,000 for its second quarter ended Sept 30, against a net profit of $944,000 for the same three months last year. Revenue fell 13.4 per cent to $112.2 million, from $129.5 million last year. It also announced that it has65 words
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Article58 2006-11-15 7 OVERSEAS Union Enterprise reported a loss of $8.8 million for the third quarter ended Sept 30, a reversal of the $14.3 million profit reported for the same period a year ago due to exceptional items. Revenue for the three months fell 10.7 per cent to58 words
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45 2006-11-15 7 THAI Beverage said that net profit for the three months ended Sept 30 rose to 2.3 billion baht (5598.3 million) from 2.2 billion baht Revenue for the third quarter rose marginally to 20.7 billion Baht, from $20.6 billion baht.45 words
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Article75 2006-11-15 7 PROPERTY company Japan Land said that net profit for the half year ended Sept 30 fell 79.5 per cent to $1.1 million, from $5.6 million in the same six months last year as the company faced higher operating and finance expenses and lower contributions from75 words
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Article56 2006-11-15 7 RAFFLES Education said that net profit for its first quarter ended Sept 30 climbed 34.1 per cent to $9.4 million, from $7.0 million in the same period last year. Revenue for the three months was $27.0 million, an increase of 34.1 per cent from56 words
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Article56 2006-11-15 7 CHINESE snack food maker Want Want Holdings reported that net profit for its third quarter ended Sept 30 fell 33.1 per cent to US$lB.l million, from US$27.l million in the previous corresponding quarter. Revenue for the three months climbed 26.3 per cent to US$2OB.O56 words
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Article83 2006-11-15 7 MAINBOARD-LISTED infrastructure and logistics conglomerate Pan-United Corporation doubled its net profit to $13.6 million in the third quarter to Sept 30 as revenue rose 19 per cent to $84.3 million. Higher Industrial Trading contribution, a $6.5 million gain from vessel disposal, and better investment return of83 words
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Advertisement36 2006-11-15 4 GHSHD' Over 500 Locations Worldwide [lAskus about Corporate, Individual or Group Instruction. I Icail Berlitz today 6733-7472 or visit www.berlitz.com.sg I Orchard Road Ito&<J3/04Wheekxk Place Sin^pore^^XO^ 33 Scotts Road Singapore *****6. Call 6836 0055 for reservations.36 words
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Advertisement335 2006-11-15 5 j B W Hi 9^*J mv x I MK W' B li »l 1 1 I L v v I i£|& 1 j wilik L vH fi|oUH| B üßlt iJSlMfef mmk Wplß |H|H 1 Hk IS H X:. 1 TuHßtfy '^K I i ..W- -> X A Jm m a^V335 words
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Advertisement1017 2006-11-15 6 >AT^ NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PURSUANT TO SECTION 290 (2)|b) and IN THE MATTER OF J. FAIR PTE. LTD. (Company No: *****3079 M) (In Members' Voluntary Winding Up) By way of Shareholder!' Written Resolution dated 14th November 2006 the Special Resolutions set out below1,017 words
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Advertisement183 2006-11-15 6 Habitat for Humanity* AREA VICE PRESIDENT ASIA PACIFIC (Position Based in Either Singapore or Bangkok) Habitat for Humanity International (HFHI), an international nonprofit ministry dedicated to eliminating substandard housing and homelessness worldwide, is seeking an Area Vice President Asia Pacific to provide strategic vision, direction and oversight to HFHI's programs183 words
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Advertisement164 2006-11-15 7 Turn your home into cash and enjoy the overdraft pegged against the lowest prime rate with DBS Asset Line. Fulfill the dreams you might have of starting or expanding your own business, seizing an investment opportunity or Benefits of DBS Asset Line: paying for your child's education while paying interest164 words
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COMPANIES: CHINA STOCKS
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Article, Illustration535 2006-11-15 8 MICHELLE QUAH - It will appoint chief executive once business plans are firmed up By MICHELLE QUAH CHINA Aviation Oil (CAO) has reported sales revenues of $1.46 billion in.the quarter ended Sept 30, as it returned to jet fuel procurement on a principal basis for the first535 words
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340 2006-11-15 8 JEAN CHUA - By JEAN CHUA MEDICAL equipment distributor Landwind Medical Holdings said third-quarter net profit fell 43.8 per cent year-on-year to 11.57 million yuan (552.3 million). Revenue for the three months to Sept 30 rose 18.9 per cent to 88.35 million yuan as it made340 words
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336 2006-11-15 8 JEAN CHUA - By JEAN CHUA CHINA Food Industries has been hit with seven more legal claims on top of the 28 lawsuits it has received since a special audit, announced on Oct 19, uncovered discrepancies in its financial statements. CFI now faces additional336 words
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Article4621 2006-11-15 8 UNIT TRUSTS FUNDS A8 Amer Income A USD 8.68/ AB Amer Income B USO 8.68/ AB Amer Income A EUR 677/ AM Aniro Asset Mgt (S pora) AB Amer mom B EUR 6-771 Star Euope Eqty!** 1-01» AB Europ Income Opp AT 5GO 15.05/ Star Europe Bond—. 1-193/ AB Europ4,621 words
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Advertisement5 2006-11-15 8 SiblM 1 B j' pW"*fflMll»™llllll»WBIlBallIIUliAUA*UlLLIll^^mall±LJJlAw«5 words
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Advertisement484 2006-11-15 9 IfIBBPPR■> ISShß|H^^l!9B^HJ||^E^^H^|^l^^^HH jHHMHHHVk^^^^^HHHHIH^^j Hfli Si I£' I -i IHKwiHwl'^w^HnHt£«■ LmSB 1 IsSfil^BMHfflflr-* uJ B# 1 119 Khh IJL rl 11 aaSag 4 Utfw M Ml 4 H HH I i\MI A B*v ■MUEIL k^^BPWS ram i iwK 'lK|||HHlß^i HBf 11 LA 1 n#_ TC| Ml 1 Jfjf bpH Kk||mlV| ■BHK484 words
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SINGAPORE MARKETS
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Article, Illustration1020 2006-11-15 10 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Nov 14 and earlier) Subsantial Mo of Met SHAREHOLDING Trans Shareho Wer/ Buy I Shares Pec Before Aftor Stock Pate Director Selj 000 Shr S (000) fMW Aspial Corp 14-Nov-06 Koh Wee Seng Buy 37 0.48 ***** 9.05 ***** 9.08 Federal1,020 words
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Article, Illustration877 2006-11-15 10 LARRY WEE - CURRENCIES Asian currencies like yuan and yen lead the assault LARRY WEE Senior Correspondent THOSE watching how the US dollar has performed against its non-Asian counterparts over the past week might not have seen any obviously dangerous cracks in its facade, but the perspective877 words
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Article788 2006-11-15 10 UMA SHANKARI - Compiled by UMA SHANKARI mmmmmmmmmmmmmrnt——— Jurong Tech Nov 14 dose: $1.10 CITIGROUP RESEARCH. Nov 14 DON'T get tempted. Q306 results do not give us any reasons to change our cautious view. Valuations may appear attractive following the sharp price decline (-34 per cent year-to-date), but we see no788 words
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Article, Illustration525 2006-11-15 10 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent RECENT' listings and penny stocks provided the main second-line excitement yesterday, while in the blue-chip camp it were the banks and property stocks which cave the Straits Times Index (STI) a 12.64-point push to a new525 words
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Advertisement1848 2006-11-15 11 Strategising each move to further its national policy 4. Develop high value refining and processing in 08, gas 1. Send 3000 of the best students yearly to the best Organisation, as well as joint anti-terrorist initiatives of attaining global competitiveness, the President and mining industries. universities all over the world1,848 words
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SINGAPORE NEWS
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Article, Illustration566 2006-11-15 12 NANDE KHIN, DANIEL BUENAS - YESTERDAY IN PARLIAMENT Medisave coverage to be extended to 3 more chronic illnesses from Jan Reports by NANDE KHIN, DANIEL BUENAS MINISTER of Health Khaw Boon Wan outlined in Parliament yesterday the proposed enhancements to the Medisave, MediShield, and Medifund. These include the extension of566 words
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435 2006-11-15 12 THE upcoming integrated resorts (IRs), developments at Orchard Road and the sports hub will not cause a construction "bubble" in Singapore, although the government expects construction costs to "rise gradually" given the expected strong demand for manpower and materials. Minister of435 words
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Article, Illustration476 2006-11-15 12 LISTED companies operating public transport systems could perhaps serve the public better if they were delisted or became co-operatives, Cynthia Phua, MP for Aljunied GRC, said in Parliament yesterday. She said listed companies would always face a conflict in serving the interests of theFILE PHOTO - 476 words
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284 2006-11-15 12 ANY diversion of traffic from the Causeway to the Second Link caused by Malaysia's proposed closing of the Causeway to heavy vehicles will have material implications for Singapore, Transport Minister Raymond Lim said yesterday in Parliament. Mr Lim was responding to a question284 words
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Article203 2006-11-15 12 HDB to introduce 'shaft-less' lifts THE Housing and Development Board (HDB) will soon introduce "shaft-less" lifts similar to "bubble lifts" in commercial complexes and smaller lifts suitable for low-rise blocks, Minister of State for National Development Grace Fu said yesterday. HDB has also found a more cost-effective method203 words
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475 2006-11-15 12 MICHELLE QUAH - By MICHELLE QUAH THE High Court has dismissed with costs an application made by former board members of the National Kidney Foundation (NKF) for documents which they believe relate to a civil suit that has been filed against them by the current NKF475 words
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Article, Illustration372 2006-11-15 12 VINCENT WEE - By VINCENT WEE REVENUE flowing in at the rate of three books sold every minute is one of the factors that pushed Borders' Singapore store to the top position in the group in the third quarter of this year. The ranking, in which it372 words
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Article, Illustration799 2006-11-15 13 ANNA TEO - But tax advantage is short-term unless backed up by other factors By ANNA TEO AS far as corporate tax rates go, it's virtually a "race to the bottom" among countries worldwide. And the evidence over the past 14 years shows a clearSource: KPMG - 799 words
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Article, Illustration373 2006-11-15 13 MATTHEW PHAN - By MATTHEW PHAN FOLLOWING the success of two arts camps held in December last year, The Arts House is organising a series of activities for children adopted by The Business Times Budding Artists Fund that will cost an estimated $100,000 to run. This year's373 words
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SINGAPORE ROUNDUP
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40 2006-11-15 13 MINISTER for the Environment and Water Resources Yaacob Ibrahim will attend the United Nations Framework Convention on Climate Change Conference of Parties and Kyoto Protocol Meeting of Parties in Nairobi, Kenya, from Nov 15-17.40 words
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40 2006-11-15 13 THE government has appointed Chua Thai Keong, 45, as Singapore's Ambassador to Mongolia. He is concurrently Singapore's Ambassador to the Republic of Korea. He will present his credentials to President Nambaryn Enkhbayar of Mongolia today.40 words
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49 2006-11-15 13 COMFORTDELGRO last night received the UK Trade Investment International Business Award, which is presented each year to acknowledge the achievements of Singaporean companies in the UK. The award was in recognition of Singapore's largest land transport operator's investment and commitment to London's transport infrastructure.49 words
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Article49 2006-11-15 13 INVITROGEN Corporation, a Nasdaq-listed provider of essential life science technologies for disease research and drug discovery, yesterday announced the opening of its supply centre at The Biopolis. The $1 million centre seeks to provide better scientific supplies and convenience for the local research community.49 words
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Advertisement44 2006-11-15 12 H »>»>••> Vv. v-' t*mwB 9K ■HMMMnW) V hM .1 I Mml I fl H C9LOCASM m M muißiwwiW J iniIHUM h >»»*>»» m IMM MM st WIRELESS IEjET headphone Pr barons STROHGBREW v UUWNNSM IMmSTMNMSOMOS More details in this issue! DECEMBER ISSUE OUT NOW! SPHmagazines44 words
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Advertisement15 2006-11-15 13 h t I 11 I l» 1 C M K v. A H 1 h15 words
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ECONOMY WATCH
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Article, Illustration595 2006-11-15 14 The Free Trade Area of the Asia Pacific merits serious discussion: official Reuters AFP [WASHINGTON] A proposal to create a free-trade zone between the United States and 20 other economies in the Asia-Pacific region is "an interesting idea" that merits serious discussions at aReuters; AFP; FILE PHOTO - 595 words
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573 2006-11-15 14 ANTHONY ROWLEY - By ANTHONY ROWLEY in Japan JAPAN'S economy grew by an unexpectedly strong 0.5 per cent in real terms in the third quarter, or 2 per cent at an annual rate. This was more than twice the rate economists had forecast and news that the573 words
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482 2006-11-15 14 ANTHONY ROWLEY - By ANTHONY ROWLEY in Japan ECONOMIC growth in East Asia will be strong this year on the back of buoyant exports, and should slow only slightly in 2007 as domestic demand takes up the slack from an expected slowdown in482 words
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Article2221 2006-11-15 14 VOL Gamuda 4.7* 0.18 6511 Mm 14 H nw General Cop -M -001 136 Gantfng wh 712 A4M Realty 137 unch 1 George K»*, 057 0.01 16 Atone 033 und» «3 GHL Systems 023 OOI 6210 A CP Industrie 139 O03 91 GlobetronicsTeth 033 0.02 S2« Advance Synergy2,221 words
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Advertisement54 2006-11-15 14 •M(#•>•>> 9 4 1 f1 I f Sjnft .^,^l JM mI jh f j| I 9 ML I U-m-k6k witk Htfi.j3«ftiv!f! kP Explore, fke world o£ art wifk wee-. lOaw, 2p*t 0 WovAi\Vr Fridci> fi 15 £XC.£l4.Sivejfy C7>t !i«»«9l3' ,aiH! Radio 91.3 is managed by SPH Union works, a subsidiary54 words
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Advertisement73 2006-11-15 14 Trade Enquiries, Agents Required. Supermarkets Welcome Meet VJ in Singapore 15 20 November Ph 989 ***** NZ Phone: 64 27 454 8724 Email: newzealandpure@gmail.com I .f* B:s■.. I I Multinational I I developers I I head for I I Zhuhai I I mega-infrastructure I I are being completed I 111173 words
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MALAYSIA/INDONESIA
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Article, Illustration614 2006-11-15 15 S JAYASANKARAN - Party delegates stand by Abdullah despite Mahathir's criticism of the PM By S JAYASANKARAN in Kuala Lumpur THE-shadow of former premier Mahathir Mohamad loomed large over the annual assembly of Malaysia's ruling party yesterday, albeit in ways that the combative former leaderAFP - 614 words
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123 2006-11-15 15 Bernama [KUALA LUMPUR] The wife of Mirzan Mahathir, Jane Hint Husainy Abdullah, has filed an application with the Syariah Lower Court here to divorce the former Malaysian prime minister's eldest son. Ms Jane, 45, who married Mr Mirzan in 1992, filed her application onBernama - 123 words
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394 2006-11-15 15 Bernama [KUALA LUMPUR] The Sessions Court yesterday acquitted and discharged Low Thiam Hock, popularly known as Repco Low, without calling for his defence against a charge under the Securities Industry Act of trying to mislead the local share market in 1997. In acquitting theBernama - 394 words
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Article, Illustration399 2006-11-15 15 Reuters [KUALA LUMPUR] Malayan Banking Bhd (Maybank), Malaysia's biggest publicly traded company, posted a fall in quarterly profit yesterday but forecast higher earnings for the full year despite the challenge of growing competition. "Maybank sees a significantly more challenging operating environment, but isReuters - 399 words
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248 2006-11-15 15 Convictions stay low despite sharp rise in case reports AFP [JAKARTA] Indonesia's an-ti-money laundering watchdog yesterday reported a sharp increase in reports of suspicious transactions but added convictions remained low. an official said. "For this month alone, there is a one hundred perAFP - 248 words
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280 2006-11-15 15 Reuters (JAKARTA] Indonesian coal miner PT Bumi Resources yesterday said it had scrapped plans to merge with oil explorer PT Energi Mega Persada due to technical reasons. Bumi had said previously it would like to buy Energi Mega Persada in an all-stockReuters - 280 words
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Advertisement66 2006-11-15 15 Now and 26 pes only. First-come-first-served basis. 1 g r-JJw-) ;(i7J i] Make your purchase through LGA. an Authorised Partner of M 1 LG A Telecom Re Ltd 20 Science Pk Rd #01 -01 TeteTechPark Singapore *****4 Visit wwwlgatetecomnet tor details Promotion is on a first-come-first-served basis Offer valid till66 words
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GREATER CHINA
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460 2006-11-15 16 Commerce ministry expects 14.3% pace to be maintained in fourth quarter Bloomberg Reuters [HONG KONG] China's retail sales jumped in October at the fastest pace in almost two years as rising incomes spurred consumer spending in the world's fourth-largest economy. Sales roseBloomberg; Reuters - 460 words
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Article, Illustration315 2006-11-15 16 AP [HONG KONGI Property tycoon Gordon Wu and his wife have emerged as the anonymous bidders who reportedly paid 125,000 euros (*****,000) for a huge Italian white truffle, possibly the world's most expensive ever. And they have commissioned chef Umberto BombanaAP; FILE PHOTO - 315 words
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222 2006-11-15 16 AFP [BEIJING] A Chinese tycoon who was the youngest person on Forbes magazine's list of China's 400 richest people last year has been put on trial for fraud, state media reported yesterday. ZhouYiming, 32, chairman of an electronics and food processing company inAFP - 222 words
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Advertisement68 2006-11-15 16 GOOD CORPORATE GOVERNANCE iiMiBMBmimii ajiifii ljivl I"* ji in.hiu' JJ. I jl J~» filAAttV Will Ml I III CtA&f <fciYf 41$ US I A KAMPV tUNTttOfiY StUlt &Hfl Wflfl OlSHIOU 1 IIJIPPY Blil|liO#*l v *II UeDUliSlaQ yfJW**T BsNInHMY J5®HiffWli> fitfil iMftll nw*» i vmvwwnv im* <1 bf Omedetcu 6w Complsdiino68 words
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INDIA
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485 2006-11-15 17 It hopes to sustain growth momentum given the boom in infrastructure and health care sectors AP [NEW DELHI] General Electric Co's revenues from India will likely grow more than 60 per cent this year, topping US$l.6 billion an expansion that theAP - 485 words
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395 2006-11-15 17 FY06 earnings in foreign exchange were US$1.7b Economic Times [MUMBAI] After software services, India is now also emerging as a major exporter of financial services. In FYO6, the earnings in forex were US$l.7 billion from providing financial services to the rest of the world.Economic Times - 395 words
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Article, Illustration460 2006-11-15 17 IMUMBAI] Three top global creative agencies, Bartle Bogle Hegarty, Wieden+Kennedy and Fallon Worldwide, are set to enter the Indian market, according to a report in the online edition of the Business Standard. While Bartle Bogle Hegarty is renowned for its workBLOOMBERG - 460 words
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Advertisement310 2006-11-15 17 |fl third -edition -> i mff CT/^H "^^^B^^x—jHHh ML. h *c&-*■ f~ Ik We take learning beyond books. At PSB Academy's School of Business, you are encouraged to apply fresh and original thinking in solving problems. Our partnerships with renowned universities provide you with more than just qualifications, they also310 words
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Advertisement99 2006-11-15 17 ComfortDelGro's innovative and cutting-edge approach has seen it grow to become the world's second largest land transport company with a fleet of 40,000 worldwide. Providing a world-class service, ComfortDelGro transports more than 500,000 Londoners every day and has demonstrated long-term commitment and value to the UK economy. UK Trade Investment99 words
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MIDDLE-EAST
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Article, Illustration550 2006-11-15 18 It is mulling stakes in Chinese firms and projects in India, Pakistan Reuters [KUWAIT] State-owned Kuwait Investment Authority (KIA) is considering stakes in Chinese financial firms and infrastructure projects in India and Pakistan as part of a push to double its investments inReuters; BLOOMBERG - 550 words
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455 2006-11-15 18 CLARENCE MICHAEL - By CLARENCE MICHAEL in Dubai INDIA'S Zee Telefilms Ltd said it has agreed to acquire a half stake in the Dubaibased sports channel Ten Sports for US$57 million, quashing months-long speculation that Sony Entertainment was planning to acquire a minor455 words
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Article, Illustration249 2006-11-15 18 [SINGAPORE! Minister Mentor Lee Kuan Yew and Mrs Lee arrived yesterday in Paris on a three-day visit to the French capital, where Mr Lee will attend the Total International Advisory Board meeting till Friday. Total is a French oil company.249 words
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121 2006-11-15 18 AFP [SINGAPORE] Singapore and Egypt have signed a declaration of intent to negotiate a comprehensive economic cooperation agreement (CECA), the city-state said yesterday. Singapore's Senior Minister of State for Foreign Affairs Zainul Abidin Rasheed and Egyptian Minister of Foreign Affairs Ahmed Aboul Gheit signedAFP - 121 words
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Page 18 Advertisements
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Advertisement263 2006-11-15 18 Diners Club Cardrroa r 0980 a\l| jYQTI (U M flB B I\W99m A World of Privileges Treats Diners Club IWBBWP wunc.Jmers.com.Bg '""motional- ifit SPEND YOUR SUNDAY WI TH A DISHY I I AI IAN... JPIi,¥ Enjoy a special launch offer of 20% discount including free V 1 parking during Oct263 words
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Advertisement26 2006-11-15 18 »'V V;' J y *> <x£ -*1 Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email tKrtices@sph.coffl.sg. j26 words
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ASIA-PACIFIC/WORLD
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662 2006-11-15 19 Republicans plan to bring the measure up again under normal procedures AP [WASHINGTON] Legislation to normalise trade relations with Vietnam was defeated Monday in the House of Representatives, two days before President George W Bush is to make his first visit to theAP - 662 words
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425 2006-11-15 19 LATEST US DATA AP [WASHINGTON] Inflation at the wholesale level plunged at a record pace in October, led by big declines in the price of petrol and new cars. Wholesale prices fell 1.6 per cent last month, tying the record decline set in OctoberAP - 425 words
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Article, Illustration468 2006-11-15 19 Bloomberg ILOS ANGELES] Wynn Resorts, the owner of namesake casinos in Las Vegas and Macatf, will pay shareholders a U*****.3 million special cash dividend, almost a quarter of which will go to billionaire founder Steve Wynn. The dividend is worth US$6Bloomberg; REUTERS - 468 words
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571 2006-11-15 19 SIOW LI SEN - By SIOW LI SEN ASIAN bond market trading remains limited despite the rapid growth of bond markets since the financial crisis because the current legal and regulatory frameworks in many countries are not robust and Indonesia is one example. Emerging East Asian571 words
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156 2006-11-15 19 Reuters [NEW YORK] America's biggest pension fund Calpers said on Monday it has approved a maiden investment of US$5OO million to put into booming commodity markets and stocks of companies that produce and distribute such resources. "Our goal is to further diversify our assetsReuters - 156 words
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Page 19 Advertisements
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Advertisement934 2006-11-15 19 £*91(3 TbplOflrtistßSj wj George Michael V JPepeche Mode 0 Gwren Stefani p Queen I U2 jS w —T W w Eagles w f Kladonna J David Kjjlie Minogue P •i Journey C Hotline 6691 1913 SMS 9766 6913 ft Radio 91.3 is managed by SPH Unionworks, a subsidiary erf iv934 words
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Advertisement147 2006-11-15 19 CATHAY RESOURCES PTE LTD (Co. Reg. No. *****6653K) (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING Notice is hereby given pursuant to Section 308 of the Companies Act Cap SO that a Final Meeting of the Members of the Company will be held at 420 North Bridge Road, #06-04 North147 words
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Advertisement187 2006-11-15 19 m THE MATTER Of THE COMPANIES ACT, CAP 50 AND M THE MATTER OF WATER LAU GEMS PTE LTD (Regiftration No. 19M*****R) (In Mambare' Voluntary Liquidation! FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Cap. 50 that a Final General Meeting of the Members187 words
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AVIATION
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Article, Illustration659 2006-11-15 20 Low-cost carrier exercises options to buy 52 jets after earnings hit £94.1m Bloomberg [LONDON] Easy Jet, Europe's second-largest discount airline, said full-year profit surged 59 per cent on increased passenger numbers and higher ticket prices. The carrier also exercised options to buy anotherBloomberg; AFP - 659 words
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345 2006-11-15 20 CLARENCE MICHAEL - By CLARENCE MICHAEL in Dubai EVEN as Dubai Aerospace Enterprise has become one of the short-listed bidders for Singapore Aircraft Leasing Enterprise, Singapore's Changi Airport is among several companies seeking to partner the Abu Dhabi Airports Company to operate Abu Dhabi International Airport.345 words
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278 2006-11-15 20 GEORGE JOSEPH - US$100m business each from Tiger for RR, Pratt Whitney By GEORGE JOSEPH [SINGAPORE! British and US engine makers have obtained business valued at over US$lOO million each as a result of a recent aircraft order made by Singapore's Tiger Airways. The airline has selected the V 2500, an engine produced278 words
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335 2006-11-15 20 Bloomberg [FRANKFURT] Swiss International Air Lines Ltd, which Deutsche Lufthansa AG is taking over, will add three used Airbus SAS A 340 aircraft to its longhaul fleet over the next two years as a reorganisation enables the company to expand. TheBloomberg - 335 words
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Article, Illustration309 2006-11-15 20 Bloomberg [FRANKFURT] Fraport AG's Frankfurt Airport, Europe's third busiest, handled 0.6 per cent fewer passengers last month as a lack of capacity limited the number of planes that could land and take off. Frankfurt Airport, which ranks behind BAA pic's London Heathrow and Aeroports deBloomberg; REUTERS - 309 words
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411 2006-11-15 20 The US$3.5b worth of sub-contracts aim to cut costs AFP [PARIS] The European plane-maker Airbus will outsource a major share of the work on the proposed A 350 XWB aircraft to reduce development costs for its parent company EADS, the Financial Times reported yesterday.AFP - 411 words
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LOG BOOK
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93 2006-11-15 20 Bloomberg [SINGAPORE] Singapore Airport Terminal Services Ltd (SATS), the catering and ground-handling unit of Singapore Airlines Ltd, said it handled more flights and passengers in October from a year earlier. The company handled 2.48 million passengers in October, an 8.8 per cent increase fromBloomberg - 93 words
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97 2006-11-15 20 AP [DUBLIN] Ryanair Holdings pic yesterday extended to Dec 4 the deadline for shareholders in Aer Lingus to accept the price of its takeover bid for the rival Irish airline and conceded its offer had won backing from only a tiny fraction of investors beingAP - 97 words
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72 2006-11-15 20 Reuters [SAO PAULO] Brazilian aircraft manufacturer Embraer said on Monday its net profit fell 44 per cent in the third quarter from a year ago due to output delays, higher operating and research costs. Embraer, the world's fourth-largest maker of commercial jets, reportedReuters - 72 words
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Page 20 Miscellaneous
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Miscellaneous191 2006-11-15 20 CRYPTIC CROSSWORD 7 et?y city-type^ (3,7) deavour(lo) YESTERDAY'S SOLUTION DOWN 11 Temperate mob at issue riot- Across: 7 Camelot, 8 Unravel, 10 1 Rescue vessel represents a ing(10) Passionate, 11 Tate, 12 Blockade, qSddeJw P 12 Giant upset in sea vessel (10) 14 ogreSs( 15 A naesthet,c, 19 2 Clammy191 words
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SHIPPING
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Article, Illustration841 2006-11-15 21 CSSC seen raising US$800m in HK IPO next year, followed by other shipyards Reuters [HONG KONG] Chinese shipyards are expected to tap capital markets in the next two years to fund Beijing's ambition for China to become the world's largest shipbuilder.Reuters; BLOOMBERG - 841 words
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434 2006-11-15 21 Bloomberg [JAKARTA! A planned US$l.7 billion deep-sea port in Jakarta may take almost 10 per cent of the volume handled by Singapore's PSA terminals, said the company that hopes to build it. The new port will reduce Indonesia's dependency on Singapore's transhipment service,Bloomberg - 434 words
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571 2006-11-15 21 Bloomberg [SEOUL] Samsung Heavy Industries Co, the world's third-largest shipyard, boosted earnings and Hanjin Heavy Industries Co returned to profit in the third quarter as they charged more to build ships and paid less for steel. Samsung Heavy's net income rose 36 per centBloomberg - 571 words
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Article765 2006-11-15 21 DAVID HUGHES - STRAIT TALK By DAVID HUGHES A NUMBER of notices and publications have crossed my desk recently that deal with either crew welfare or the environment or, in some cases both. For example, North of England P&I (protection and indemnity) club has warned'shipowners of the increasing risk of765 words
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276 2006-11-15 21 Bloomberg [BANGKOK] Regional Container Line, Thailand's biggest container shipping company, reported that profit dropped 69 per cent in the third quarter as freight rates fell and operating expenses rose. Net income dropped to 438.7 million baht (5518.7 million) or 0.66 baht a share inBloomberg - 276 words
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Page 21 Advertisements
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Advertisement101 2006-11-15 21 TUVALU SHIP REGISTRY QJJALITY SERVICE -~r iBBSM i; 1. Low taxes 5. Worldwide network of surveyor* 2. Agreements with lACS members 6. No restriction on nationality of ownership fHf jff-H anCB f 7. Tuvalu is a party to STCW 1987 convention statutory certificates a# amenc j t an< j j101 words
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EDITORIAL & OPINION
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522 2006-11-15 22 EDITORIAL THE proposed increase in the Goods and Services Tax (GST) to 7 per cent signalled by Prime Minister Lee Hsien Loong in Parliament on Monday came as no surprise to tax experts, except for the timing of the move. Of course, no tax hike is522 words
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Article, Illustration1226 2006-11-15 22 LANDON THOMAS JR - Raanan A Agus' modesty is a reminder that the relatively ascetic sensibility that marked his predecessors remains in place at Goldman, even in today's gilded era By LANDON THOMAS JR NYT Managers of billion-dollar hedge funds do not usually drive Hondas except atNYT; AP - 1,226 words
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Article, Illustration761 2006-11-15 22 FRANK CHING - THE BOTTOM LINE FRANK CHING THE Democratic Party's triumph in the midterm elections in the United States reflected to a large extent the swinging of the political pendulum, aided this year by a general dissatisfaction with the way the administration of George Bush has761 words
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Article, Illustration2137 2006-11-15 23 NGIAM TONG DOW - They will have to skill up rapidly and enter into joint ventures, or even mergers, with foreign banks By NGIAM TONG DOW THEY say that confession is good for the soul, so let me start by first confessing that I am not a practisingFILE PHOTO - 2,137 words
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164 2006-11-15 23 Denis Distant Singapore - Denis Distant Singapore STANDARD Chartered Bank is introducing a further security feature for access to its Internet banking service which involves the bank each time sending an additional logon pin (ALP) via SMS. This pin will be required to log on to its website. This164 words
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636 2006-11-15 23 Leong Sze Hian Singapore - LETTERS TO THE EDITOR Leong Sze Hian Singapore PRIME Minister Lee Hsien Loong announced in Parliament that the Goods and Services Tax (GST) will be increased to 7 per cent, up from 5 per cent now. He said the hike is necessary636 words
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Page 23 Advertisements
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Advertisement84 2006-11-15 23 The NAFA Young Talent Ensemble is performing at Child Aid for the first time. Listen to these young musicians play Vivaldi at Child Aid when they join other talented youths to raise funds for their less privileged peers. tDate and time: Bpm, Nov 29 and 30 ii VeilW: hj|«] University84 words
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Article7397 2006-11-15 24 SGX MAINBOARD Transaction date: Nov 14 52-Wk Td tat M IH|| Last Quote Otw GrYtd IM MCan Wall law Coda Cwj—y ♦<- CMO) Lwr i* 1 Cw HI —*f*L 3.5 1 5716 I st Software 3 2.5 11.5 6 3148 STetecom 15 +0.5 466 15 15 8.5 97,397 words
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Page 24 Advertisements
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Advertisement36 2006-11-15 24 Trade from 20% deposit (5 x leverage) on most stocks Go long or short Competitive financing rates in ail markets tki Access to Aston, US, Euro stocks Select Exchange TVaded Funds and Indices *•<>'; Competitive Commission charges36 words
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Article5694 2006-11-15 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In tout am Mitt kust %dy %dy X y X dy ftp Wo» 11 Indu Puny OaBjt Change Puny Oany Chang* World (ntecPrstannay ***** Oil 103 02 6.7 -0.1 13.7 IAH PwKnwwy 1872J Qjfl 112 -02 100 -05 V2 Europe Prsfcmiwy ***** 035,694 words
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Page 26 Advertisements
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Advertisement1596 2006-11-15 26 UK CONTINENT SERVICE U.B.A SERVICE Destination Destination DD LEADER RDM/ATW/BMN/TLB/NAN MATIRA CAM/NFK/NOL/SAV Loads Singapore, E./W. Malaysia, Indonesia E Ma aysio; Indonesia MIDDLE-EAST SERVICE F.EJS.E.A. SERVICE Destination C~~~ BLUE SKY DBI/ABU/DOH/BRN/DMM/KWT Destination ASEAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT STX PO TBN INC/BSN ASEAN PREMIER DBI/ABU/DOH/BRN/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malay»ia, Indonesia1,596 words
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Advertisement746 2006-11-15 26 L. fan I— INiIfcASIA IBVH.I p— 1 Vtssa/VOT MUfpO) I HBGHTW KG *0j L 3 SM XI OUVIAI 5 4 17/11 OKHIO EXPRESS 10 50 4i 25/11 27/11 OtOtID EXPKSS II I SO I 43 30/11 02/12 1 m |wh sm m u* m kt|sw|io| FESU/037 50 4.5 15-15/10 2121/10746 words
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Page 27 Advertisements
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Advertisement1523 2006-11-15 27 WAN HAI INTERNATIONAL PTI LTD a 14M*****00/I V— 10:*****588 (14IMS) FAX:*****163 V\M \A/AM UAI I nC\ CiHtomwSwvto/looktagsDfodlfcw-(1800)*****200 V vl \WW Mil fIAI LlllC J nanLm)34MWNU( m3M2)Wni«:M»SNOIU:M3mWf V" JOH TH: (07) *****23 HUL (07W51W21 SW TR: (031) *****75 FA* (031) 32*2714/ *****05 -WW uf.nk.i /nm *Tt (021) 5254 m ML (021)1,523 words
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Advertisement1217 2006-11-15 27 |T|n EASTERN CAR LINER, LTD It 1 SPK3AIIZI IN RORO L HEAVY LIFT UPTO 450 TOMS~| MTtA-UUSOVKI VOY la* Ufltof SM fff PjMg Wg HI B ill IP Ml 81l BKWN6 nauotiAg 3i 30 it7n" ""ffiT" wn li7n~ gggrag i —jg~is7Tr~ nflr asiastm ic so IvTT 24/11 21/11 Mmkbiam "741,217 words
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Advertisement687 2006-11-15 27 m aaas& WEEKLY EXPRESS SAIUNG SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS vtssn I vor sw pjoano cokmmo hs«va coiomio ULIAHADU» DIOW 13 WOV MNOV I7MOV OMIT OMIT KOTA fHtTMU YHAO47 14 HOY 15 MOV H HOY 21 NOV 25 NOV HOWIAHH 00S7W 21 NOV KMOV 25MOV687 words
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THE BUSINESS TIMES SHIPPING TIMES
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5926 2006-11-15 28 This ETA ETA Advwtinr VmmI Voyag* Tataphom ETA ETA A*rartfc« VamI v **y Tafrphowt SIN Oasfn Nmm Mm M—fc«r M—hf SIN «*rf» J*B£ To BARCELONA (BCN) 2042 Spain To ABIDJAN (ABJ) 2003 Cote D'lvoire 23m 2 ltU China Shpg newdynamic 126A *****898 29/11 04X115,926 words
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Page 28 Advertisements
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Advertisement600 2006-11-15 28 IgHsxSBH I VESSEL VOY PKL 1 SIN I KARACHI DXB BAB DMM BIK KHOR IRAN TAB AT ABAC I PCI 8169 14/11 15/11 24/11 27/11 28/11 04/12 06/12 08/12 IRAN BAABAEI KL 8170 22/11 23/11 02/12 05/12 06/12 12/12 14/12 16/12 IRANSHAHRYAR KL 8172 28/11 29/11 08/12 11/12 12/12 18/12600 words
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Advertisement229 2006-11-15 28 ffimn jfe I?/;; jjfn jffftjjgA jfy; jjjn KHrnrH^ KIK) QIA 055 21/11 U/\ 1 I rACWATuM PWP3I 103/12 1 Of/jl I 11/11 04/12 I KH ii» mi T iBF-iprir pp^^ftp 1 ii 4 IB i Bl I V«ml |V»>l»| d I ItWI*«I«j 1 I IVw riTT"«ri —I »H •jjj HI229 words
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Advertisement289 2006-11-15 28 CONVENTIONAI SERVICE ETA SIN LOADING FOR 17 NOV BOMBAY, CHfTTAGONG 18 NOV DUBAI, DAMMAM, KUWAIT 05 DEC MALE, COLOMBO 06 DEC CHENNAI rife GLORY MVNSATHMI GROUPI (sma i*7«) OWNS OPERATES THE YOUNGEST FLEET WITH FOURTEEN 7,000 DWT TWEEN DECKERS COVERING THE ENTIRE ASIA PACIFIC PORTS M REGULAR WEEKLY SERVICES: B289 words
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MOTORING
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Article, Illustration494 2006-11-15 30 SAMUEL EE - The Senza range is a premium product without the premium pricing, says its CEO By SAMUEL EE MAINBOARD-LISTED Jackspeed Corp is embarking on a branding exercise to ensure that its mainstay leather upholstery products stand out in the marketplace and continue to provide494 words
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Article, Illustration503 2006-11-15 30 SAMUEL EE - It is the second Chinese car to be offered in S'pore By SAMUEL EE THE growing market for budget models here will open up a new segment and drive Geely sales, according to the distributor of the Chi-na-made saloon. Sport Auto isYEN MENG JIIN - 503 words
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Page 30 Advertisements
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EXECUTIVE MONEY
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Article, Illustration1528 2006-11-15 31 WONG SUI JAU - Long-term holding period seems to be the easiest and most effective method of cutting the risk of losing money from investing MONEY MATTERS WONG SUI JAU WHY do so many professionals tell you that investing into equities (stocks) is risky? The volatility ofSource: MSCI; Photo: Reuters - 1,528 words
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Article, Illustration249 2006-11-15 31 SINGAPORE Post will start distributing Prudential Asset Management (PAM) unit trusts, in a deal that further expands Sing Post's offerings in the financial services space. The deal is exclusive to Prudential. This suggests that Sing Post is not open to the distribution of otherFILE PHOTO - 249 words
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Article, Illustration939 2006-11-15 32 GENEVIEVE CUA - Survey shows 55% of Singaporeans won't be able to survive over 12 months if their main source of income is suddenly wiped out by disability, reports GENEVIEVE CUA GENEVIEVE CUA Awareness of the need to protect one's incomeearning capacity in the event of aFILE PHOTO - 939 words
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Article, Illustration630 2006-11-15 32 GENEVIEVE CUA - By GENEVIEVE CUA CORPORATIONS need to take a proactive stance towards cash on their balance sheets in a way that can enhance returns in a risk-controlled way, says Peter Knight, HSBC Investments global head of liquidity. Corporates' cash holdings have ballooned dramaticallySource: S&F - 630 words
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Article, Illustration750 2006-11-15 32 CHET CURRIER - CHET CURRIER THE modern mutual fund investor has become a model of play-it-by-the-book moderation. No frills, fads or fancy stuff for the vast majority of this multitude, 96 million strong in the US alone. People nowadays have close to US$lO trillion riding on their US fund750 words
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Page 31 Advertisements
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Advertisement130 2006-11-15 31 EFor Institutional Professional Traders and High Net Worth Mr. Bernstein is a consultant to major investors, traders, industry, financial institutions, short-term traders, brokerage firms and commercial firms. His market advisory services are subscribed to by floor traders, professional traders, money managers, traders and Notice: This is a full seminar. Free:130 words
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Advertisement53 2006-11-15 31 v W |y* i,.* j® j^^N^HppHHH^pHßMn|HHV||N|VnHii^^B^Kß| Opening hours: 10am to 6pm (Closed on Mondays except school and public holidays) 15 Science Centre Road Singapore *****1 ioßgga«.NHt«<u» Tel: (65) 6425-2500 Fax: (65) 6565-9533 li&gbt SINGAPORE Email: marketing<#science edu.sg jgy SCIENCE CENTRE Free parking. lOminutes walk from Jurong East MAT station me53 words
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Page 32 Advertisements
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Advertisement170 2006-11-15 32 Theglobal name in CFDs CFDs are a flexible and cost-efficient way to trade on Singapore and international shares. (55) 6390 5118 1 Go long or short of shares on margin, putting up a fraction of the full contract value. cvoij igmarkets.com.sg Share CFDs FX Indices 3 s M Guaranteed market170 words
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Advertisement11 2006-11-15 32 MONEY MATTERS How to reduce risk of holding equities PAGE 3111 words
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