The Business Times, 12 October 2005
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2005-10-12
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The Business Times
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Title Section15 2005-10-12 1 THE BUSINESS TIMES Wednesday, October 12,2005 SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 089/03/200515 words
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611 2005-10-12 1 ARTHUR SIM - With the recent easing of rules, they are using CPF savings to make joint purchases of private homes By ARTHUR SIM [SINGAPORE] A small but growing group of non-relat-ed singles are likely to be tapping into their Central Provident Fund (CPF) savings to jointly611 words
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Article137 2005-10-12 1 STI 2,355.02 (+11.63) ST INDEX FUTURES 2.358.00 (+12.00) SIMSCI 278.94 (+1.74) SIMSCI FUTURES 279.00 (+1.30) MARKETS Tuesday Change KLSE COMP 928.43 -0.45 NIKKEI 225 13.556.71 +328.97 HANG SENG Closed SET INDEX 709.13 +2.08 JAKARTA COMP 1,105.63 +2.85 MANILA COMP 1,964.22 +14.80 SEOUL COMP 1,244.27 +17.09 SHENZHEN B 217.47137 words
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545 2005-10-12 1 LESLIE YEE - But purchase of Wing Tai's Park Mall to go ahead By LESLIE YEE [SINGAPORE] Suntec Reit has abandoned its $788 million purchase of 11 properties from City Developments Limited (CDL). But the real estate investment trust will still proceed545 words
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Advertisement25 2005-10-12 1 AIR TRAVEL fjjyH SIA has message for Australian regulator (t ke *i 4 i ar\ m *V -t f »»B j I l7 I h25 words
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Advertisement8 2005-10-12 1 PROPERTY URA looks into speculators' sales PG2 t'v8 words
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Advertisement147 2005-10-12 1 aviation Boeing-Airbus war hots up pg is JL mm I I I I aY I i J Iffe''% ®iHH!HHHI^B E JJv HEART OF THE HOME ■■■MMn i CELEBRATE THE MAGICAL MOMENTS OF LIFETHE SMELL OF FRESHLY BAKED |I^^BH|B«MS)H *****88 AND MARBLED PAGES OF AN OLD BOOK- g- CJBIWIBaH LAUGHTER OF147 words
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Advertisement5 2005-10-12 1 SPH DrTbnyTantobe new chairman PG35 words
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TOP STORIES
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Article501 2005-10-12 2 Club 21 to open Asia's largest Apple shop LUXURY fashion retailer Club 21 Pte Ltd will mark its maiden foray into the IT retail business with a big bang, by opening Asia's largest Apple store in Singapore next month. The 10,000 sq foot shop on the third floor501 words
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774 2005-10-12 2 ALEXANDRA HO, ARTHUR SIM - Some buyers of high-end projects like Sail may be in breach of sub-sale rules By ALEXANDRA HO, ARTHUR SIM [SINGAPORE] The Urban Redevelopment Authority (URA) is looking into reports of speculators returning to the high-end property market, BT understands. Figures of the rising774 words
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Article, Illustration630 2005-10-12 2 VEN SREENIVASAN - CEO says prospect of a Qantas merger should be ignored By VEN SREENIVASAN [SINGAPORE] Singapore Airlines wants Australian regulators to ignore any prospect of a Singapore Airline-Qantas merger and focus instead on opening up the protected transPacific route. That, inFILE PHOTO - 630 words
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Article137 2005-10-12 2 IN the report "Rafflessooo's 5 in arrears ordered to pay up" (BT, Oct 7), the headline gave the impression that the court has ordered five members of the Rafllessooo committee to repay their debts to Raffles Town Club. This is wrong. The court dismissed Rafflessooo's case to stay legal137 words
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Article, Illustration364 2005-10-12 3 ROLAND LIM - Orchard Cineleisure store to offer range of computers and iPod music players By ROLAND LIM [SINGAPORE] Luxury fashion retailer Club 21 Pte Ltd will mark its maiden foray into the IT retail business with a big bang, by opening Asia's largest Apple364 words
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Article, Illustration411 2005-10-12 3 WONG WEI KONG - Lim Chin Beng to step down after 4 years with group By WONG WEI KONG [SINGAPORE! Former Deputy Prime Minister Tony Tan, who stepped down from Cabinet in September, will be the new chairman of Singapore Press Holdings. Dr Tan,411 words
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Advertisement9 2005-10-12 2 o' Hi Jr IBr Bfa§ > < v JpL j^WPP < 19 words
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Advertisement20 2005-10-12 2 1 Geta I uo7 Leading Edge Your sailing schedules get wider attention in The Business Times shipping pages ShpSng Times20 words
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Advertisement107 2005-10-12 3 Sfa&v, Mrßsmp-' R\ fc i- n llßliffiMir l 9 Ji v2pj&| g- ri 'ji-' ■pr 'V' &4*BlßlfllKF 0. "t <•• rL2m i iiiiiiasilnßiiiPni" The new CLK Coup The soul of a two seater in a four seater O-lOOkm/h in 5.9 seconds in the new CLKSOO. Acceleration to sheer exhilaration in107 words
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COMPANY NEWS
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Article, Illustration758 2005-10-12 4 WONG WEI KONG - Profit from operations rise 12.7%, revenue hits $1b for third time Reports by WONG WEI KONG MEDIA group Singapore Press Holdings (SPH) yesterday met market expectations with a net profit of $494.7 million for the financial year ended Aug 31, 2005, including gainsYEN MENG JIIN - 758 words
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321 2005-10-12 4 The Business Times Jias shown the largest increase in circulation among newspapers published by Singapore Press Holdings (SPH). BT's circulation increased 6.7 per cent in the financial year ended August 2005, according to figures released yesterday with SPH's full-year results. The paper, which turned 29321 words
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Article, Illustration404 2005-10-12 4 CHEN HUIFEN - Restructuring in the works; logistics arm to be hived off By CHEN HUIFEN MARITIME Properties, a privately held company belonging to the chairman of Singapore Shipping Corporation (SSC), is making a general offer for the main-board-listed company. The mandatory conditional404 words
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Article, Illustration302 2005-10-12 4 LESLIE YEE - By LESLIE YEE INVESTORS continued to buy into United Industrial Corporation (UIC) yesterday, sending UlC's share price to a year's closing high of $1.25, up 5 per cent from Monday's closing price. The $1.25 closing price is 15 per cent above the $1.09302 words
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325 2005-10-12 4 STRUCTURED WARRANTS Reuters [HONG KONG] The stock exchange of Hong Kong said it will consider changes to warrants trading, including restrictions on sales incentives paid to brokerages, amid investor concerns about potential abuses. Hong Kong Exchanges and Clearing (HKEx), home to the world's largestReuters - 325 words
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626 2005-10-12 4 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY Market watchers might have noticed with more than just passing interest a news report that, after cries of foul play from some industry players, the Hong Kong stock exchange is considering new rules to govern trading in structured626 words
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545 2005-10-12 7 RONNIE LIM - High oil prices spur boom in oil gas exploration and production By RONNIE LIM THE Singapore Exchange (SGX) and others in the region should be on the lookout for listings by oil companies, says the chief of an international investment corporation. High545 words
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381 2005-10-12 7 MICHELLE QUAH - By MICHELLE QUAH FIRSTLINK Investments Corp says it was served a writ of summons in Hong Kong last Friday by AsiaCorp Development, ovei* a company they jointly own Green Salt Group Ltd. It said yesterday that AsiaCorp was seeking a declaration that a381 words
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Article, Illustration400 2005-10-12 7 MATTHEW PHAN - By MATTHEW PHAN HONG Leong Asia's wholly owned subsidiary, GPac Technology, is poised to capture up to 40 per cent of the market for pallets in Singapore, in addition to demand from overseas, the group said yesterday. GPac recycles waste wood400 words
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Article168 2005-10-12 7 LEADING international service residence operator The Ascott Group has won a contract to manage its sixth property in Bangkok. It will manage the property for 10 years, with an option to renew for a further 10. The 265-unit property, to be named the Somerset Grand168 words
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COMPANY BRIEFS
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52 2005-10-12 7 ASPIAL Corp has. through World Class Property, acquired 13 units in Ee Wang Park at Lorong H, Telok Kurau. The total cost of the purchase was $9,204,000. The 2,600 sq m freehold site has been zoned for residential use with a plot ratio52 words
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44 2005-10-12 7 STAMFORD Tyres Corporation announced yesterday the appointment of Patrick James Berriman, 50, as senior vice-president, sales and marketing, Singapore, and Jim Paul Seidel, 38, as vice-president, chief operating officer of Stamford Tires Wheels Inc, a subsidiary of Stamford Tyres.44 words
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44 2005-10-12 7 El-NETS Ltd's director Quek Yong Kang has resigned with effect from last Monday, meaning that he also ceases to be chairman or a member of the Audit Committee, Remuneration Committee, Employee Share Option Scheme Committee and Nominating Committee.44 words
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40 2005-10-12 7 TELEDATA has appointed Han Yan Juan, 51, as its chief financial officer. He will be in charge of finance, accounting and taxation. He takes over from Goh Shu Yen who resigned yesterday.40 words
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Advertisement56 2005-10-12 4 FOR SALE High yield Prime office building City centre, excellent condition, located within top ten Chinese Cities. Long-term key tenants from top 500 companies. 52,000 sqm, with yields of at least 7% with immediate prospect of increasing to 10% or more. For more detailsserious enquiries only e-mail Roy Wong at56 words
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Advertisement33 2005-10-12 4 s 0 LJ U Ask us about Corporate, Individual or Group Instruction. J Call Berlitz today 6733-7472 or visit www.berlitz.com jj 501 Orchard Road #05-03/04 Wheelock Place Singapore *****0 jj iH'ai. €m i^j33 words
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Advertisement100 2005-10-12 5 fe .-v ...v v f; k A• I I K all IV I 111 t? I lid concierge by Conrad Cen»en n a I m A I Ju W F -"p B 111 -iinif^ a S VM I i 9 I B ft -■y i g v M^M^B^^^^^MM||^B S M#sVl100 words
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Advertisement2751 2005-10-12 6 k1 Ventures Limited (Incorporated in the Republic of Singapore) (Registration Number: *****0535W) NOTICE OF ANNUAL GENERAL MEETING ALL MEMBERS ARE CORDIALLY INVITED TO ATTEND the Annual General Meeting of k1 Ventures Limited (the "Company") which 6.2 That authority be and is hereby given to the Directors of the Company to:2,751 words
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Advertisement950 2005-10-12 6 OTR NETWORKS LIMITED Company Registration No.: *****5793 D (Incorporated in the Republic of Singapore) NOTICE IS HEREBY (WEN that the Sixth Annual General Meeting of TR NETWORKS LIMITED wM be held at 50 Macphereon Road, *09-01 Three Rifles Building, Singapore *****1 on Friday, 28 October 2005 at 10.00 a.m. for950 words
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Advertisement176 2005-10-12 7 I Singapore Fuel Oil 180cst Swap H East/West Fual Oil Spread I (180 ve 3.5% bargee ARA) H Singapore Fuel Oil Spread Swap (180 ve 380) H Singapore 380cet Fuel Oil Swap H Singapore Oaeoll Swap H Singapore Jet Kerosene Swap H Singapore Naphtha Swap H Singapore Jet Regrade: Jet176 words
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SINGAPORE MARKETS
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Article, Illustration878 2005-10-12 8 LARRY WEE - CURRENCIES Sterling pound and Indian rupee identified as potential Q4 losers LARRY WEE Senior Correspondent OLD has become the (hands-down winner on time perspectives of the past one week, fortnight or three months scoring a fresh 18-year peak of U*****.50 per878 words
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504 2005-10-12 8 CHEN HUIFEN - TRADES TO WATCH By CHEN HUIFEN BRILLIANT Manufacturing director Koh Swee Yong has been bulk buying shares of the company in the past few days, raising his direct stake to 12.43 per cent. Last Friday, Mr Koh bought 286,000 shares from the open market at504 words
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Article, Illustration438 2005-10-12 8 OTHER SINGAPORE INDICES Oct 11 VALUE CLOSE BT OB/OS 21.00 -15.00 BTCAPI -*****.00 -75.00 BT 10-day MA -*****.00 +2.00 All-SG Equities 602.85 +1.21 SG Equities Elect 125.84 -0.45 SG Equities Fin 1726.17 +29.03 SG Equities Prop 754.85 +1.20 SIMSCI 278.94 +1.74 SiMSCI Futures 279.00 +1.30 MOST ACTIVE STOCKS VOLUME GlobalVoice438 words
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Article286 2005-10-12 8 UMA SHANKARI - Compiled by UMA SHANKARI DBS Bank Oct 11 close: $16.80 ÜBS INVESTMENT RESEARCH, Oct 10 DBS is our top pick as it is a prime beneficiary of the improving economy. Job creation is among the highest in recent years, while tourist arrivals are rising. We believe this should286 words
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Article, Illustration397 2005-10-12 8 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent EVERY so often, the three local banks enjoy a push based on the "laggard" argument and yesterday was one such occasion rises in all three counters helped the Straits Times Index jump 11.63 points to 2,355.02 in a generally397 words
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Article, Illustration286 2005-10-12 8 YEO KEE YAN - CHART POINT By YEO KEE YAN chartist at Kelive Research THE benchmark STI moved up from the 15-day and 60-day moving average support levels at the start of this week. Investors were encouraged by the 6 per cent rise in Singapore's third quarter286 words
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COMPANY NEWS
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Article, Illustration943 2005-10-12 9 NEWS ANALYSIS Global Voice, which owns a fibre optic network covering major European cities, has plenty of room to grow, reports ANGELA TAN IT used to be Horizon Education and Technologies. But today, Global Voice Group (GV) has nothing to do with the defunct dotcomSource: Bloomberg - 943 words
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Article, Illustration475 2005-10-12 9 Reuters [JAKARTA] PT Telekomunikasi Indonesia (Telkom) expects Indonesia's mobile phone subscriber numbers to grow between 20 and 25 per cent annually until 2010, and sees some downward trend in its earnings margin over time due to stiffer competition, its chief said yesterday. Arwin Rasyid, presidentReuters - 475 words
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Advertisement132 2005-10-12 9 >Mr GENEVE Begin your own tradition. jjfc' Wffi& <a wH|V Get a FREE companion ticket on colour your sky c= Gulf Air when you charge with MasterCard SINGAPORE TO London Dubai Paris Frankfurt First Class SGD 9,080 SGD 5,450 SGD 7,380 SGD 7,380 Business Class SGD 5,680 SGD 3,970 SGD132 words
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SINGAPORE NEWS
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Article, Illustration708 2005-10-12 10 LARRY WEE - It points to slight pick-up in GDP growth prospects, rising inflationary pressures By LARRY WEE AS expected, the Monetary Authority of Singapore has left unchanged its 18month policy stance for a modest and gradual appreciation of the Singapore dollar's trade-weighted value (orSource: MAS - 708 words
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Article, Illustration401 2005-10-12 10 LESLIE YEE - By LESLIE YEE FINANCIAL institutions enjoyed a bumper year from their treasury activities in Singapore last year, according to a survey conducted by the Monetary Authority of Singapore (MAS), and market players are looking to buoyant times this year too. Last year,Source: MAS Survey - 401 words
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154 2005-10-12 10 FOREVER Living Products (FLP), a US-based seller of health and beauty items, is set to- expand its presence here with the official opening of its new corporate office. And instead of choosing an "ugly skyscraper", as chairman Rex Maughan put it, the154 words
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604 2005-10-12 10 CHUANG PECK MING - Help may be rendered in setting up SEZs By CHUANG PECK MING in Moscow RUSSIA could be next on the list of countries that get a little help from Singapore in taking the capitalist road to economic development. After lending a604 words
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Article, Illustration411 2005-10-12 10 ALEXANDRA HO - By ALEXANDRA HO IT S second time lucky for residential development Belle Vue's collective sale effort, as Wing Tai Holdings has clinched it for $227.3 million through its subsidiary, Winquest Investment. The price tag wofks out toFILE PHOTO - 411 words
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310 2005-10-12 10 PETROCHEMICAL firms looking to expand their operations in China may want to invest in the western province of Xinjiang as it boasts at least 25 per cent of China's oil reserves, largely untapped. Moreover, the province also serves as a gateway to trade310 words
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Advertisement590 2005-10-12 10 /o Goldtron Limited (Co. no: *****0234E) (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty Second Annual General Meeting of Goldtron Limited ("the Company") will be held at 21 Serangoon North Ave 5 #06-02, Singapore *****4 on Thursday, 27 October 2005590 words
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ECONOMY WATCH
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Article, Illustration734 2005-10-12 11 ANTHONY ROWLEY - Paul Wolfowitz and John Snow both underline the issue's sensitivity By ANTHONY ROWLEY in Tokyo WORLD Bank president Paul Wolfowitz yesterday highlighted the importance of China for the "stability and progress" of East Asia and the global economy and he expressedAFP; REUTERS - 734 words
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503 2005-10-12 11 AFP [MANILA] Annual Southeast Asian mineral exports could triple to US$l5 billion over the next three to five years thanks to growing demand from China, India and Japan, industry leaders said yesterday. "The potential to hit US$l5 billion annually for the whole AseanAFP - 503 words
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Article, Illustration482 2005-10-12 11 But implementing the measures is not easy, say ministers Reuters [LUXEMBOURG] European Union finance ministers yesterday took steps to strengthen cross-border trade in financial services to help boost the bloc's sluggish economy. But some ministers said the execution of plannedReuters - 482 words
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193 2005-10-12 11 AP [SHANGHAI] China's economy grew a blistering 9.4 per cent in the first nine months of this year, and full-year growth is forecast at 9.2 per cent, the country's planning agency said in figures published yesterday. Meanwhile, customs figures showed the totalAP - 193 words
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Advertisement1290 2005-10-12 11 W HB PERTAMA HOLDINGS LIMITED V IpiijS Company Registration No. *****0483W njTPVW\ (Incorporated in the Republic of Singapore) I GROUP I NOTICE OF ANNUAL GENERAL MEETING I H NOTKE IS HEKEBY GIVEN that the Annual General Meeting of the Company will be heid at 315 Outram Road #01-01/02 Tan Boon1,290 words
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MALAYSIA/INDONESIA
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Article, Illustration414 2005-10-12 12 The trial is seen as a test of Yudhoyono's crackdown on corruption [JAKARTA] The former president and chief executive of Bank Mandiri, Indonesia's largest lender, faces a sentence of up to life in prison, prosecutors said on Monday as he went on trialREUTERS - 414 words
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329 2005-10-12 12 [KUALA LUMPUR] The path is now clear for institutional shareholders to band together and steer KFC Holdings (Malaysia) Bhd (KFCH), in the wake of Kulim (Malaysia) Bhd's purchase of another 20 per cent in QSR Brands Bhd, parent of KFCH, says a report in329 words
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212 2005-10-12 12 AFP [JAKARTA] Indonesia's President Susilo Bambang Yudhoyono has suspended a provincial governor embroiled in a US$l.4 million corruption case, an official and newspaper reports said yesterday. Djoko Munandar, the governor of Banten province just west of Jakarta in western Java, became the second provincialAFP - 212 words
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Article2359 2005-10-12 12 vol General Corp 0.43 unch 211 Pel 11 1 W- Genting .21.50 A20 410 George Kent .0.60 -0.02 24 ASM Realty 1.65 0 02 205 GHL Systems J0.11 -0.01 342 A*** 032 unch 32 Globetronia Tech 0.34 -0.01 785 ACP Industries 0.65 unch 203 GlomacBhd 1.33 0.01 462,359 words
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BRIEFLY ASIA
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99 2005-10-12 12 Reuters [MUZAFFARABAD, Pakistan] Three days after the deadly Kashmir earthquake, relief efforts remained chaotic yesterday and UN officials said scores more helicopters were needed to get food, medicine and shelter to millions of survivors. Heavy rain and hailstorms in northern Pakistan further hampered efforts, groundingReuters - 99 words
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73 2005-10-12 12 Reuters [SHANGHAI] Chinese banks' non-performing loans are estimated to rise by more than 30 billion yuan (556.2 billion) this year, the Securities Times said yesterday, citing a study by the China Banking Regulatory Commission. Total NPLs amounted to 1.6 trillion yuan atReuters - 73 words
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123 2005-10-12 12 Bloomberg iw pvju UJ /v IJV 111 vaiiiniys [NEW DELHI] Tata Consultancy Services Ltd, India's biggest software maker, said second-quarter profit rose 83 per cent as it gained more orders from overseas customers such as ABN Amro Holding. Net income rose to 6.73Bloomberg - 123 words
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Article98 2005-10-12 12 Bloomberg uaiin vi uaiuua iv >VII 9iiai^9 [MUMBAI] Bank of Baroda, India's fifth-largest lender, plans to sell 71 million shares valued at 16 billion rupees (*****.7 million), raising funds to expand capital and meet demand for credit the bank said in its share-sale prospectus.Bloomberg - 98 words
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Article71 2005-10-12 12 Bloomberg [JAKARTA] The World Health Organisation confirmed Indonesia's fifth human case of avian influenza after a 21-year-old man in Lampung province in Sumatra tested positive for the virus. "Initial investigation has revealed that the man had direct exposure to diseased and dying chickens inBloomberg - 71 words
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498 2005-10-12 12 [JAKARTA] The government said on Monday that it would not back down from its decision to raise fuel prices by an average of 126.6 per cent, despite a warning by the Constitutional Court that the decision had been made on a498 words
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331 2005-10-12 12 [KUALA LUMPUR] Kinsteel Bhd's plan to buy 51 per cent of debt-laden rival Perwaja Steel Sdn Bhd makes sense, bu£ it needs to explain how it will tackle the hefty RM762 million (*****.6 million) of liabilities that come with Perwaja, Malaysia's Business Times reported331 words
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GREATER CHINA/INDIA
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413 2005-10-12 13 Almost 50% of US$9b foreign investment in '05 came from Japan AFP [MUMBAI] The booming Indian stock market has found a fresh driver the deep pockets of Japanese investors who have helped lead the market to a rapid series of record highsAFP - 413 words
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Article, Illustration235 2005-10-12 13 Bloomberg [NEW DELHI] Infosys Technologies Ltd, India's No 2 software maker, said sec-ond-quarter profit rose 36 per cent, better than expected, as it won more overseas orders and benefited from a weaker rupee. The company's shares rose to the highest levelBloomberg; Source: Bloomberg - 235 words
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Article129 2005-10-12 13 Bloomberg [NEW DELHI] Reliance Industries Ltd, India's biggest non-state company, plans to invest as much as 300 billion rupees (5510.5 billion) over the next five years in the retail business, the Economic Times reported yesterday, citing people familiar with the development. 4 Reliance is expectedBloomberg - 129 words
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374 2005-10-12 13 BANKING ON CHINA Bloomberg [NEW YORK] China Construction Bank Corp (CCB), the country's third-largest lender, increased the size of its proposed stock sale by as much as 6.7 per cent to HK563.6 billion (5513.8 billion), bankers involved in the deal said.Bloomberg - 374 words
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478 2005-10-12 13 Reuters [BEIJING] China aims to open up its banking sector further by raising the cap on foreign banks' stakes and making it easier for them to set up branches, a senior bank regulator said on Monday. Foreign investors, eager to boost their market presence,Reuters - 478 words
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281 2005-10-12 13 AFP, Reuters [PARIS] French bank BNP Paribas yesterday said that it had bought 19.7 per cent of Nanjing City Commercial Bank in China for "less than 100 million euros" (*****.2 million). The managing director of BNP Paribas, Baudouin Prot, told AFP:AFP,; Reuters - 281 words
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174 2005-10-12 13 Reuters [BEIJING] China's biggest commercial bank, Industrial and Commercial Bank of China (ICBC), is looking to sell further stakes to foreigners ahead of a listing planned for next year, its vice-president Yang Kaisheng said yesterday. Mr Yang confirmed the bank had signed anReuters - 174 words
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Article, Illustration916 2005-10-12 13 A vision of America in Bangalore helps returning professionals navigate the cross-cultural crack with relative ease AP [BANGALORE] OFF the potholed road where chauffeur-driv-en cars jostle with bullock carts, past the gatehouse and the cluster of polite, uniformed guards, you'll find a visionAP - 916 words
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ASIA-PACIFIC/WORLD
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Article, Illustration500 2005-10-12 14 Upper House expected to pass Bills this week, probably on Friday Reuters [TOKYO] Japan's Lower House of Parliament yesterday approved a controversial plan to privatise the country's sprawling postal system, which includes the world's largest savings bank. The voting sets the stage forReuters; Source: Universal Postal Union, Japan Post Annual Report 2004, Reuters - 500 words
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389 2005-10-12 14 Reuters [NEW YORK] US institutional investors are increasing their ownership of stock market assets while individuals are cutting back, data showed on Monday. The stake held by US institutional investors, including those that are more likely to prod corporations on governanceReuters - 389 words
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Article, Illustration351 2005-10-12 14 AP [LONDON] Irish author John Banville's novel The Sea, which follows a man who returns to an Irish seaside town to confront traumatic memories, beat favourites to win Britain's top literary honour, the Man Booker Prize. Banville's offering trumped bookies' favourites pennedAP; AFP - 351 words
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611 2005-10-12 14 Bloomberg, AFP, Reuters [NEW YORK] Delphi Corp chief executive officer Steve Miller said General Motors Corp (GM), his biggest customer, will have to file for bankruptcy if it cannot wrest wage and benefit concessions from the United Auto Workers (UAW) union duringBloomberg,; AFP,; Reuters - 611 words
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WORLD WATCH
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82 2005-10-12 14 Bloomberg [PARIS] The International Energy Agency (lEA) said refiners will need to operate at their limits to avoid shortages during the fourth-quarter when demand peaks raising the prospect of tapping emergency reserves again. The agency cut its fourth-quarter estimate for non-Opec oil supplyBloomberg - 82 words
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79 2005-10-12 14 Reuters [NEW. YORK] Microsoft Corp is nearing a settlement of Real Networks' long-running antitrust lawsuit in a deal valued at about US$75O million, the Wall Street Journal reported yesterday. Under terms of the settlement, which could still fall through, Microsoft would provide a combinationReuters - 79 words
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73 2005-10-12 14 AP [TOKYO] NTT DoCoMo, Japan's biggest mobile phone company, will acquire 40 per cent of Rakuten's Internet auction business for 4.2 billion yen (5562.1 million), company officials said yesterday. Rakuten, Japan's largest online shopping mall operator, will spin off a part of its InternetAP - 73 words
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76 2005-10-12 14 Reuters B [TOKYO] Japanese electronics maker Sharp Corp yesterday said that supply of liquid crystal display (LCD) panels for televisions larger than 32 inches would likely fall short of demand by 15 to 30 per cent in 2005. Sharp corporate executive director ToshishigeReuters - 76 words
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74 2005-10-12 14 Reuters WB IIMJ W J [BANGKOK] PTTplc, Thailand's top energy firm, plans to offer 40-50 per cent of its Rayong refining subsidiary in a flotation in the first quarter 0f2006, PTT president Prasert Bunsumpun said. PTT, 69 per cent owned by theReuters - 74 words
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87 2005-10-12 14 Bloomberg [New York] The Watergate Office Building, site of the bungled 1972 burglary that led to US president Richard M Nixon's resignation, was sold by Trizec Properties Inc to closely held BentleyForbes Group LLC for US$B6.5 million. The Watergate deal is part of anBloomberg - 87 words
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Advertisement1130 2005-10-12 14 HESHE HOLDINGS LIMITED Registration No: *****1110N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Ninth Annual General Meeting of Heshe Holdings Limited will be held at 8 Shenton Way, #37-01 Temasek Tower. Singapore *****1 on Thursday, 27 October 2005 at 9.001,130 words
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WORLD
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494 2005-10-12 15 REFCO RUMBLE Shares dive on news CEO, on leave of absence, owes company US$430m Bloomberg [NEW YORK] US buyout firm Thomas H Lee Partners may have lost as much as US$635 million from its investment in Refco Inc, two months after anBloomberg - 494 words
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330 2005-10-12 15 Reuters [NEW YORK] Phillip Bennett helped build a small futures broker into the global Refco empire, but on Monday his career, once described as bullet proof, suffered a serious blow. Refco Inc said Mr Bennett, 57, its chief executive andReuters - 330 words
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Article, Illustration398 2005-10-12 15 NYT, Bloomberg [NEW YORK] Carl C Icahn, the investor, has increased his stake in Time Warner and is challenging the track record of the company's senior managers and directors, dating back to its merger with America Online in 2000. The movesNYT,; Bloomberg; BLOOMBERG FILE PHOTO - 398 words
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548 2005-10-12 15 Bloomberg, Reuters [SYDNEY] News Corp director John Thornton met Australian corporate governance groups in a bid to quell the anger among the country's leading investment funds over News Corp's decision to extend its poison pill takeover defences. Investors areBloomberg,; Reuters - 548 words
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452 2005-10-12 15 SHAREHOLDER REVOLT Pfizer first to stop election of director with minority vote [NEW YORK] Leading US companies have been amending their corporate governance policies in response to growing shareholder dislike of rules that enable directors to be elected on a minority of votes452 words
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Advertisement1345 2005-10-12 15 W oK I sf (44 HUA KOK INTERNATIONAL LTD I inrU (Registration No. *****3007 C) *Hin (Incorporated in Singapore) B I NOTICE OF ANNUAL GENERAL MEETING I I NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of HuaKok International Ltd will be held at 8 I Shenton Way1,345 words
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Advertisement3901 2005-10-12 16/17 1(a)(i) Results for the year ended August 31, 2005 1(c) Consolidated Cash Flow Statement for the Vfc*r ended August 31 (Cont'd) 4. Earnings Per Share for the Year ended August 31 9. Group Segmental Information (Cont'd) Group 2005 2004 Group 2005 2005 2004 Change St' ooo St' ooo 2005 20043,901 words
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AVIATION
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Article, Illustration917 2005-10-12 18 VEN SREENIVASAN - Both planemakers seen seeking WTO resolution to dispute, says VEN SREENIVASAN VEN SREENIVASAN [SINGAPORE] The bickering between American planemaker Boeing and its European rival Airbus over subsidies has moved into high gear after the latter got approval last week from parent European Aeronautic Defence917 words
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230 2005-10-12 18 AFP [LONDON] British Airways (BA) has ended a 23-year relationship with the Saatchi brothers, whose advertising agency had coined for BA the slogan "the world's favourite airline", a newspaper reported on Monday. Maurice and Charles Saatchi's agency MandC Saatchi had lost the BA contract afterAFP - 230 words
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LOG BOOK
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73 2005-10-12 18 Bloomberg [HO CHI MINH CITY] Vietnam Airlines Corp carried 21 per cent more passengers in the first nine months of 2005 as the number of tourists from abroad increased. About 4.48 million travellers used the airline, compared with 3.69 million a year earlier.Bloomberg - 73 words
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56 2005-10-12 18 AFP [LONDON] British airports operator BAA said yesterday that passenger numbers rose by 3.0 per cent in September from the figure for the same period of the previous year. BAA, owner of seven British airports including Heathrow and Gatwick, said it had handledAFP - 56 words
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545 2005-10-12 18 Lack of foreign ops for LCCs is a boon for legacy airlines AP JMINNEAPOLIS] Northwest Airlines' daily Amsterdam-to-Mumbai run fetches US$l,4OO a ticket, the airplane flies nearly full, and Jetßlue doesn't go there. Which is why international flying is a moneymaker forAP - 545 words
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Article1701 2005-10-12 18 Baadw Sol Bagawaa 2325 BI421 1245 BI3182 0905 S0490 2325 SQ5421 1245 S0182 0905 Frankfurt AC9951 0635 LH9765 1405 *****1 1430 BI422 1340 """w alsssi um| Lrra/B| w ***** 1430 SQ5422 1340 5025 0635 BA?305 2*» ***** 2125 BI430 2220 L H?76 1 55 Of5 23001,701 words
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Page 18 Miscellaneous
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Miscellaneous236 2005-10-12 18 CRYPTIC CROSSWORD 1 Person first prominent in the Lower small hood (5) 19 Mortified when a Frenchman 24 Troublemaker gets number 25 Producing one gem requires 28 Leaving home to take a break mJ ImJ 30 Minister needs laser treatment after setback (8) 8 Pay no more attention when YESTERDAY'S236 words
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SHIPPING
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Article, Illustration519 2005-10-12 19 DONALD URQUHART - He speaks out against jailing of master mariners in polluting accidents By DONALD URQUHART [SINGAPORE] The "blame game" in which master mariners are increasingly being treated as "master criminals" on par with "rapists and robbers" must stop, according to a leadingFILE PHOTO - 519 words
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156 2005-10-12 19 Anderimer Shipping News [LONDON] The Indonesian cargo ship Prima Indah which was hijacked off Bangka Island on Sept 30 with about US$6 million worth of tin on board has been found, sunk in shallow water in the area where it was hijacked, according toAnderimer Shipping News - 156 words
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Article303 2005-10-12 19 SGX '000 octn ss vol CH Offshore 0.42 -0.01 1705 Chuan Hup 0.91 unch 7865 Cosco Corporation 2.48 -0.06 3536 CWT Distribution 0.84 -0.01 400 Ezra Hldgs 1 46 -0 06 2194 Freight Links 0.07 unch 240 Grand Banks Yacht 0 95 unch 41 Jaya Holdings 1.30 -0.04303 words
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Article698 2005-10-12 19 DAVID HUGHES - STRAIT TALK By DAVID HUGHES LAST week's Seatrade London International Maritime Convention gave an interesting insight into both UK and European shipping as well as into what makes a successful international maritime centre (IMC). At face value London didn't do itself a lot of698 words
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70 2005-10-12 19 Bloomberg [SHANGHAI] China's Nanjing Tanker Corp ordered two supertankers for a total of US$24O million from China International Shipyard Co Ltd, according to shipbroker Fearnleys AS. The yard, known as ChangXing and based in Shanghai, will deliver the two so-called very large crude carriersBloomberg - 70 words
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255 2005-10-12 19 Gunmen hijack freighter of Somalia coast AFP [NAIROBI] Somali gunmen have hijacked a freighter off the eastern coast of the lawless Horn of Africa nation as it sailed with supplies for a UN-chartered ship released by pirates only last week, officials said on Monday. Andrew Mwangura of the Seafarers' AssistanceAFP - 255 words
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Page 19 Advertisements
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Advertisement8 2005-10-12 19 International Ship Classification at the forefront environmental protection8 words
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Advertisement1097 2005-10-12 19 24 Millr 2006 Asia Pacific Singapore Expo maritime www.apmarttime.com PORTEK MWMII woumom W POM MWWI PORTEK INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Portek International Limited will be held at Coleman Room, Level 1,1,097 words
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EDITORIAL & OPINION
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Article524 2005-10-12 20 EDITORIAL WITH the Northern hemisphere winter the peak period for global oil consumption now approaching, the issue of high oil prices once again comes into focus. And Asian countries still have much to do to deal with the problem effectively. To be sure, global oil prices are524 words
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Article, Illustration786 2005-10-12 20 FRANK CHING - THE BOTTOM LINE FRANK CHING CHINA has performed a miracle over the last quarter century, lifting hundreds of millions of people from dire poverty and turning the country into an economic powerhouse. In the process, Beijing has raised people's expectations not786 words
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Article, Illustration1078 2005-10-12 20 JOE BALADI - Companies should realise that a strong master brand is like a goose that lays golden eggs JOE BALADI One of the great characteristics that define Asian business is entrepreneurship and a vibrant, enterprising mentality. Over the past two decades, we have seen small, mostly family-ownedST FILE PHOTO; FILE PHOTO - 1,078 words
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Article, Illustration881 2005-10-12 21 LEON HADAR - The Middle East must cultivate true political legitimacy, independent of ethnicity and religion, if democracy is to flourish LEON HADAR Washington Correspondent THE Bush administration seems to be drawing the outlines of a strategy to oust Syria's President Bashar Assad and the ruling Baath party.AP - 881 words
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409 2005-10-12 21 Ricky Lee Singapore - LETTERS TO THE EDITOR Ricky Lee Singapore I REFER to ez-link's claimed annual loss of $9 million to bus fare cheats (The Straits Times, Sept 23). I have been scratching my head and doing all the sums ever since, and I still can't409 words
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457 2005-10-12 21 Rameqh Sheth Singapore - Rameqh Sheth Singapore I ATTENDED the Singapore Exchange (SGX) AGM on Sept 22 seeking clarification on several matters of strong interest to other shareholders and investors like me. I highlighted to SGX chairman JY Pillay that 1 had written a letter457 words
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98 2005-10-12 21 Denis Distant Singapore - Denis Distant Singapore I REFER to the article "A rescue at what price?" (BT, Oct 8) and think it would be less painful if the bill for the rescue plan came with some sort of warranty in case the plan quickly falls apart. 198 words
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Page 21 Advertisements
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Advertisement102 2005-10-12 21 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, 1000Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel laws.102 words
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Advertisement1283 2005-10-12 21 NOTICE OF ANNUAL GENERAL MEETING For the financial year ended 30 June 2005 SYSTEM ACCESS LIMITED (Incorporated In the Republic of Singapore) Company Registration No. *****4837E The initial public offering of the shares of $0.05 each in the capital of System Access Limited was sponsored by HL bank. Shareholding Statistics1,283 words
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Article10508 2005-10-12 22 iWilli mmh i m i 11 i i i i mm 1 mi >11 ii wiiwiiowiwwiiiiiiwiiiiiwwwiiiiiiiw 1 w—ni^—i SGX MAINBOARP 52-Wk Tel Last Vol Day Last Quote GrOiv IN* GrVM Net MCap High Low Code Company Sate fOM) High Low >uy«f SdUf Cvr WE 9 2 5716 1st10,508 words
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Page 22 Advertisements
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Advertisement31 2005-10-12 22 Why wot ikl yoi i iiado Contract:! for I (Oi n«) i i-r fi.iii", i' ii! > i cityinciexa c ia OrDs cat r, <.i G< v' City Index Asia in INDEX31 words
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Article6783 2005-10-12 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In tool am in Si t* USS %dy yf <*f *yf %d|r Xyr Oct 10 Inde* Change Change Change Change Change Change WutW Inde* Prelinwvry 90? 4 02 64 0 3 SO 04 1.7 1 £AH Preliminary 8SUG 02 1S.8 OJ 77 036,783 words
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Advertisement1245 2005-10-12 24 /Q\ NYK GROUP SOUTH ASIA PTE LTD XF m K kT¥Tir AflW rw> WJT TEL: 6295 0123 \LJL-\ A AIiNE M Mm LINE Fax: *****856(Regionalsates)/*****109(0P5)/6299 5785 (Documentation) NIPPON YUSEN KAISHA TOKTO SO»AKU KASHA. Utt (C/R NO: **********0E) SKNATOR (S.UL| Pto M Main Una* *65 6536-2730 72 Anson Road, #05-01 Fax:1,245 words
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Advertisement822 2005-10-12 24 IjNTWAHA RORO SERVICE vßsa/voT umyi) hbghiwi "to kh 10 s» jkt STRAITS VENTURE 21/05 IS U 13/10 14/10 20/10 23/10 25/10 STtAITS VENTURE 72/ OS IS 3.2 27/10 30/10 03/11 04/11 01/11 SMUTS VBTURE 23/05 IS 3.2 10/11 13/11 17/11 20/11 22/11 [AUSTRALIAN ROUP SERVICE 1 vßsa/vor [KAwrgDl hbghtw)! la822 words
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Advertisement1264 2005-10-12 25 www.homburgsud.com "qgaASIA SERVICE SUNG 1 (EXPORT) ASIA SERVICE SUNG 1 (EXPORT) ETA ETA V«sxl/V«vm SINGAPORE PURIAN SEPETIIA SANTOS ITAJAI PARANAGUA Vwnl/V»»«ft SINGAPORE RUENOS AIRES RtO GRANDE SANTOS SEPtTMA Cap Cotmel 504W 19/10 30/10 09/11 10/11 12/11 13/11 Cap Azul 527W 15/10 07/11 09/11 11/11 13/11 Cap Salinas 502W 26/10 04/111,264 words
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Advertisement1311 2005-10-12 25 VESSEL TOY SIN JKT HKG KHH IXC KYH WIS VESSEL VOY SIN JKT SUB HKG DSN WS HY BRIDGE 10IS 13/10 15/10 20/10 22/10 24/10 24/10 26/10 KMTC JAKARTA SMS 16/10 19/10 20/10 25/10 29/10 30/10 HY VLADIVOSTOK 1665~ 20/10* ~22/io P/IO 29/io 31/10 W W SUNSET BAY 502S 23/101,311 words
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Advertisement750 2005-10-12 25 m fS& WEEKLY EXPRESS SAILING SCHEDULE I" ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICD POINTS I VtSSfl VOY I SIN I PJOANgIcOUMMO |N. SWVA IcOUHMO I INDIRA GAHDHI *****W 112 OCT 113 OCT llt OCT 119 OCT I 2? OCT I SQfIJAY Ml 2SOCT 27QCT M OCT 03 WOV750 words
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Advertisement1078 2005-10-12 26 lAX|lf wallenius wilhelmsen website: http://www.2wglobal.tom VESSEL ~VOY RAMP HEIGHT SIN LBC MAO ~HOU* Ml* SAV lAL 0«F "~NyT" MEW MM TAUBOT AF552 400 Tons 6.3 M 14/10 09/11 18/11 22/11 2S/11 25/11 TALISMAN AFS2B 320Ton$ 6.4 M 26/10 20/11 29/11 03/12 07/12 OS/12 TARONGA AF529 320T0m 6.25 M 09/11 03/121,078 words
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Advertisement1585 2005-10-12 26 VtSSIL VOY SIN KHJ VKSa VOY SW JKT PAC lANDA 1576N UZIS 11/10 HCMUM 9320 15/10 IS/10 mum 15ZZM 12/10 L2ZlO— ffitAU 4188 17/0 IMZZ CSf 2301 018SP 13/10 14/10 p >IWUN ?2U 10 _»/'0 jalmhm urn M/io M/ip gg M— -C5L222! oiwp UZlfi 14Z14_ g™ g Hrffi- mum 15Z9H1,585 words
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Advertisement587 2005-10-12 26 BSA x MYANMA m FIVE STAR UNE (Myatmar National Line) Loading for Yaagoa VESSEL VOY SIH PKI PIN PGU PAGAN 341W SU> PAGAN 349W SID IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES KUI/PKL 03-300 SOU PEN: 04-*****1S ACCEPTING CONVENTIONAL CBO VESSEL VOY HKG SM PGU PKL KUC NAVE OCEAN 24 SUI SID587 words
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THE BUSINESS TIMES SHIPPING TIMES
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9685 2005-10-12 27 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SM DesttiName Name Number Number SIN Dest'n Name Nam* Number Number To AQABA (AQJ) 2023 Jordan To ABIDJAN (ABJ) 2003 Cote D Ivoire 2 ino 28/11 cmacgm grand view one *****800 19/109,685 words
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Advertisement189 2005-10-12 27 Taiwan Essa m S a P KEE KHH TXG \Weekly Consol Service,/ Efl usa A IPI via lax/nyc (mlb/aws) LCL/FCL rates! HUB MARINE PTE LTD BOOKING: *****375/716 MAINLINE: *****866 FAX: *****066 OPR CODE "DZ" CR NO **********0Z MARKETING SALES: KELVIN CHUA: *****535, MEUNA LEE: *****187 PTKLANO SPORE YANGON: fMP STH3«189 words
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Advertisement476 2005-10-12 27 FREIGHT LINKS EXPRESS PTE LTD Mmg? 51 Penjuru Rood, 3rd Level, &W Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 I E-mail: flesin@singnet.com.sg B^M 1 Website:http://www.freightlinks.net a ATI ATTRACTIVE RATES TO: I i ALEXANDRIA GENOA KEELUNG KAOHSIUNG Tmm&m, If HAVRE MALTA MAHE MARSEILLE MfcwM CEBU DALIAN HONG KONG476 words
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Advertisement108 2005-10-12 27 Ge^ GEN,KI L,NES J As Agenh CROSSEAST SHffMNG PTE UD operator cod* GK CR NO: 771 3202 0000 M U: *327 1788 Ftw: 6327 1588 KUCMNG WEEKLY WEDNESDAY SARJNG BiNTULU 2 SAILINGS GBMJOHOI CJIMI 13/10 14/10 15/18 17/10 GBM JOHOI (JIW If/10 20/10 21/10 2V» N/10 GENOJOHOt Glim 24/10 27/10108 words
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Advertisement307 2005-10-12 27 MM 325!mM3/1(^1M0/1^2W6/1^b ■Plflfll TIGER WAVE 326N 15 16/10 2) 23/10 29 30/10 1 ■MUImI TIGER PEARL 327N 18 19/10 25-27/10 01-02/11 I Knrrn TIGER SEA 32M 22 23/10 27-29/10 03-04/11 I ■■■■■TIGERSKY 329N 25-26/10 01-03/11 08-09/11 I TIGER WAVE 330W 29 30/10 0446/11 1713/11 Ml?[trT7il iMTIf,HI SPIRIT 110 13-M/10 71-73/10307 words
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MOTORING
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Article, Illustration625 2005-10-12 29 SAMUEL EE - Alloy wheel maker seeking S'pore listing will spend $1.5m on R&D Reports by SAMUEL EE IN a classic example of vertical integration, China Wheel was formed after the owners of an aluminium smelting plant decided to diversify into alloy wheel manufacturing. China Wheel executive chairmanCHRIS LOH - 625 words
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254 2005-10-12 29 CHINA Wheel Holdings is an alloy wheel manufacturer based in Hebei province. It is listing on the Singapore Exchange next Wednesday in an initial public offer that will raise $14.4 million. China Wheel is ranked among the top wheel makers in China and its254 words
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Article, Illustration563 2005-10-12 29 SAMUEL EE - By SAMUEL EE AFTER making waves by unveiling plans for a new showroom and dealership concept for the Mini brand in Singapore, motor magnate Karsono Kwee's Eurokars Group of Companies is going to do the same with the BMW marque in Indonesia. LastEUROKARS - 563 words
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Advertisement1175 2005-10-12 29 GES INTERNATIONAL LIMITED M— m m Company Registration No *****1427R (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of GES International Limited ("Company") will be held on Thursday, 27 October 2005 at the Casuarina Suite B, Raffles Hotel,1,175 words
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EXECUTIVE MONEY
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Article, Illustration1395 2005-10-12 30 LIM SAY BOON - MONEY MATTERS Conservative investment in just blue chips and property puts investors at concentration risk LIM SAY BOON A LARGE number of Singapore investors would reckon they are 'conservative' because they buy only blue chip stocks listed on the Singapore Exchange and local 'bricks and mortar'Source: Micropal - 1,395 words
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Article, Illustration393 2005-10-12 30 Chua Boon Lee - By Chua Boon Lee Standard Poor's Associate, Fund Services A SUSTAINED rise in global equity markets saw 88 per cent of the 968 locally-registered funds in the Standard Poor's database reporting positive returns in the third quarter. The performance is marginally higher than theSource: S&P as at 30/05/05, bid-bid, net dividend invested in S$ - 393 words
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Article, Illustration769 2005-10-12 31 Popular equity instalment plans help push Kospi record levels Reuters [SEOUL] Retail investors have propelled South Korea's benchmark Kospi Index up nearly 40 per cent to a record this year, echoing the heady market of the late 1990s when big bets by small investors droveReuters; REUTERS - 769 words
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384 2005-10-12 31 GENEVIEVE CUA - By GENEVIEVE CUA THE correlation between emerging markets like Asia ex-Japan and India equities and the US has risen significantly through the years, says a research report by Citigroup Global Markets. This implies that allocators who treat Asia as a way to diversify a global portfolio384 words
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Article5173 2005-10-12 31 UNIT TRUSTS FUNDS cm somw- i .457/ Citt Asia Infrastructure 0.7726/0.8035 ABN Amro Asset Mgt (S pore) rl!o^K Hi\ Star Europe Eqty' 0.854/0 854 SjK Star Europe Bond 1 243/ 1 Star Europe Sal 1.157/ S* J*"*» 5® Slw Star Asian Tiaer Eatv 1 064/ Money Sing Dollar Class B5,173 words
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Article, Illustration1324 2005-10-12 32 GENEVIEVE CUA - Some say, however, that strong fund flows are usually a contrarian indicator. GENEVIEVE CUA reports GENEVIEVE CUA THE pace of returns of emerging market (EM) equities continued at a blistering pace this year, extending a triple-digit winning streak that has so far stretched over at leastSource: Emerghing Portfolio Fund Research - 1,324 words
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Advertisement556 2005-10-12 30 Your ItSlßusiness Profits*^ U>*2fcwithMICHAELGERBER Sus/ness Guru How to transform your business by focusing on results as opposed to work. 'Most businesses don't work, the people Why working too hard IN your business who own them do' will get you nowhere fast and why "You can easily spot the successful business...556 words
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Advertisement49 2005-10-12 30 &7he'@rertcfi/ (yfuifffeqgM& GBruncfa Every Sunday IOD 12.00 noon to 3 00 pm Oftfte $108+++ per person Reservations: 6831 6258/88 llz Revolvin« Restaurant MERITUS ,h MANDARIN A division of Overseas Union Enterprise Limited (Company Registration No. *****0050E) 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 6732 2361.49 words
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Advertisement33 2005-10-12 31 DIT Europazins Best Bond Europe Fund over 1 yr, 3yrs and 5yrs category' rated AA AlliatlZ by Standard Poor s. Global investors Source: The Edge-Lipper Singapore Funds Awards 2004 lompanv rt'sn no I*****ib9/33 words
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Advertisement77 2005-10-12 32 V j. Need the flexibility of extra cash to grab the next bull run by the horns, or just for unexpected purchases? Convert your shares into instant cash at a low interest rate*. Talk to our Relationship Managers today. SINGAPURA FINANCE Hotline: 688 00 688 FROM VISION TO REALITY WWW77 words
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Advertisement8 2005-10-12 32 MONEY MATTERS Don't be too conservative PG 308 words
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