The Business Times, 26 October 2005

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Total Pages: 56
1 56 The Business Times
  • 17 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://btjsiness-times.asia 1 .com.sg MICA (P) 069W3/200S Wednesday, October 26,2005
    17 words
  • 695 1  -  First phase will see staggering 2.6m sq ft of gross floor area, over two times the required minimum By KALPANA RASHIWALA [SINGAPORE] In a massive vote of confidence for Singapore's future as Asia's financial services hub, the consortium that clinched the Business and
    YEN MENG JIIN  -  695 words
  • 137 1 sn 2,226.46 (+3.63) ST INDEX FUTURES 2,227.00 (+4.00) siMsa 263.01 (+0.14) SIMSa FUTURES 262.50 (+0.10) MARKETS Tuesday Change KLSE COMP 904.75 +0.05 NIKKEI 225 13,280.62 +174.44 HANG SENG 14,424.88 +22.53 SET INDEX 676.84 -9.37 JAKARTA COMP 1,062.17 -10.91 MANILA COMP 1,927.49 +10.02 SEOUL COMP 1,181.28 -3.32 SHENZHEN B
    137 words
  • 566 1 Asian bourses surge in tandem with overnight Wall Street gains NYT, AP, Reuters [NEW YORK] WoHd stock markets were boosted yesterday by the nomination of White House economic adviser Ben Bernanke as the next Federal Reserve chairman. Stocks in many of Asia's
    NYT,; AP,; Reuters  -  566 words
  • Page 1 Advertisements
    • 120 1 Porsche still in the fast lane re n Terms and conditions: Promotion is from 26th September to 31st December 2005. Promotion applies only to IDD 002 calls made from Ml mobile and SingTd/Scarttub mobile lines that have been pre-registered with Ml. Promotion is not applicable to customers roaming overseas, overseas
      120 words
    • 10 1 EXEC MONEY Hie importance of being earnestly sound re 32
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    • 9 1 corruption ®EU' CrimsonLogicCEO, JM. 3 others ctaiged m pg3
      9 words
    • 29 1 BIRD FLU Ffondemic could cost Asia-Pac USs29ob PGI7 INVESTMENT HOT SPOTS find out where in our 24-page Investing special that comes with your copy of today's BT 8 11r*****4
      29 words

  • TOP STORIES
    • 823 2  -  Leaders agree to boost cooperation in trade and other bilateral issues By NANDE KHIN in Beijing SINGAPORE and China hope to expand bilateral trade to reach US$5O billion (SsBs billion) in five years' time. Leaders of the two countries yesterday also
      LIANHE ZAOBAO  -  823 words
    • 574 2 S'pore may consolidate stem cell-related research SINGAPORE is looking at consolidating all stem-cell related research here to avoid unnecessary duplication of efforts, in a manner similar to what has been done with cancer research and bio-imaging. This was revealed by Minister for Community Development, Youth and Sports and
      574 words
    • 494 3  -  By WONG WEI KONG [SINGAPORE] World No 1 rig builder Keppel 6prp has delivered a 15 per cent rise in third-quarter net profit, as high oil prices and hurricane damage boosted demand for its services. And it has enough jobs to keep
      494 words
    • 437 3  -  Move will build upon strengths of teams and avoid unnecessary duplication of effort: minister By CHEN HUIFEN [SINGAPORE] Singapore is looking at consolidating its stem cell-related research efforts to avoid, unnecessary duplication as it has done with cancer and bio-imaging research. "In this way
      437 words
    • 517 3  -  They are accused of conspiring to bribe ex-Carrefour staff By RAJU CHELLAM (SINGAPORE] Three top officials of governmentlinked IT solutions company Crimson Logic including its chief executive officer were among four people charged in court yesterday with having conspired to pay a bribe to
      FILE PHOTO  -  517 words
    • 534 3  -  Mortgage rates seen rising further, but gradually By LESLIE YEE [SINGAPORE] Wi.th rising short-term interbank rates, DBS Bank has adjusted the interest rates on its home loan packages. And in an unusual move, rates are up for the first year but down
      534 words
  • Page 2 Advertisements
    • 269 2 SECURITIES INVESTORS ASSOCIATION (SINGAPORE) I CIIIQ Congratulates Winners of SIAS 6 th Investors' Choice Awards 2005 I I OHIO Singapore Corporate Governance Award 2005 I H Securities Investors Association (Singapore) Sing Tel QSllfftT Corporation I I MERIT AWARD WINNERS i 91 ©OCBCBank COMFORIDELGRO IHQ.I.f JlLand jgjfe- I EXCHANGE MERIT AWARDS
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  • Page 3 Advertisements
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      115 words

  • FED'S NEW CAPTAIN
    • 1355 4 No one seems to have a clear idea what his political views are, besides the fact that he is a registered Republican NYT Ev VEN before President George W Bush named Ben S Bernanke as chairman of the Council of Economic Advisers this spring, Mr Bernanke
      NYT; AP  -  1,355 words
    • 198 4 Reuters [LONDON] US inflation pressures are likely to remain confined to the energy sector, and fiscal and monetary policy is accommodative, Federal Reserve chairman nominee Ben Bernanke said in a newspaper interview published yesterday. The Times newspaper said the interview was conducted
      Reuters  -  198 words
    • 663 4 THE LIVING LEGEND He had to live up to predecessor who subdued inflation Bloomberg [WASHINGTON] Federal Reserve chairman Alan Greenspan will retire in January to widespread acclaim for his accomplishments in 18 years as US central bank chief. His tenure didn't start out
      Bloomberg  -  663 words
  • Page 4 Advertisements
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  • COMPANY NEWS
    • 541 5  -  Deutsche Bank, Macquarie offer S'pore's first-ever issue on an IPO By R SIVANITHY SINGAPORK traders who want to ride on tomorrow's much-anticipated listing of China Construction Bank (CCB) in Hong Kong will be able to do so with minimum fuss through the first-ever
      541 words
    • 685 5  -  HOCK LOCK SIEW By ANGELA TAN LIKK the gravity-defying acrobatic feats by Mobile One-sponsored Cirque du Soleil, Singapore's third largest mobile operator has managed to bowl over sceptics each time it unveils its results. I.ast Wednesday, it was no different. The telco
      685 words
    • 569 6  -  CORPORATE RESULTS Property group says it plans to hold on to block of UOB shares By LESLIE YEE PROPERTY group United Overseas Land (UOL), which posted a 33 per cent rise in net profit to $33.3 million for its third quarter ended Sept 30, said
      FILE PHOTO  -  569 words
    • 408 6 Reuters SINGAPORE Airlines, one of the world's most profitable carriers, Is expected to suffer its third straight quarter of declining profits as the stubbornly-high price of jet fuel eats into its earnings. The cost of jet fuel, the biggest single
      Reuters  -  408 words
    • COMPANY BRIEFS
      • 72 6 NTEGRATOR International's initial public offering (IPO) of 20.1 million new shares at 23 cents for a Sesdaq listing was about 1.05 times subscribed. Investors who took up more than 5 per cent of the invitation shares included Pheim Asset Management, which in aggregate took up
        72 words
      • 62 6 ASIA Water Technology's order book has reached a new high at 880 million yuan (Ssl 84.9 million) after securing a further 28 projects to date with a contract value of 189 million yuan. This represents a 142 per cent increase in the
        62 words
      • 84 6 ENG Wah Organization has provided a corporate guarantee to Malayan Banking Berhad as security for banking facilities amounting to $4.6 million that is beinggranted by Maybank to Crazy Horse Paris Pte Ltd, Eng Wah's fully owned subsidiary. This facility will finance Crazy Horse's working
        84 words
      • 80 6 FRASER and Neave (F&N) has concluded a $150 million fixed rate note issue as part of its $1 billion medium term note programme. The notes have a maturity of 10 years and are F&N's longest-dated bond offering. The issue, managed by Standard Chartered Bank,
        80 words
      • 36 6 CONSUMER electronic goods distributor JEL Corporation has been appointed by cellphone giant Motorola as an authorised distributor for its mobile phones and accessories for Cambodia. Bangladesh. Laos and Sri Lanka.
        36 words
      • 74 6 LANDW1ND Medical Holdings, a distributor of medical diagnostic imaging equipment in China, yesterday launched its initial public offering (IPO) of 92 million shares four million public-ofTerand 88 million placement units at 29 cents each for a mainboard listing. The IPO comprises 60 million new shares and
        74 words
      • 92 6 HO Bee Investments Ltd has announced that it has given an option to purchase a unit at The Berth by the Cove in Sentosa to Chua Ping Chong. a brother of Chua Thian Poh. chairman and CEO as well as controlling shareholder
        92 words
      • 62 6 RADIANCE Electronics, a China-based electronics manufacturing services provider, has entered into a sale and purchase agreement with Prospect China Ltd to acquire the remaining 96 per cent stake inXiptech for $7.09 million. Radiance already owns a 4 per cent stake in Xiptech. which
        62 words
    • 626 7  -  It is keen on one but regulatory framework not yet in place: CEO Liew By ALEXANDRA HO in Beijing PROPERTY giant CapitaLand would be ready to launch a real estate investment trust (Reit) in China in six months to a year once a regulatory
      BLOOMBERG/FILE PHOTO  -  626 words
    • 333 7  -  IPO WATCH Ex-Berjaya, it makes personal, household products By UMA SHANKARI UNZA Holdings, which develops and makes personal care and household products, is now eyeing a listing on the Singapore Exchange (SGX) mainboard. The company, which was previously listed in Kuala Lumpur, is behind
      333 words
    • 350 7  -  By AMIT ROY CHOUDHURY HOMEGROWN banking software company System Access Ltd is to acquire Malaysian credit card and payment business Comex Genesys from its investment-company owners. Sesdaq-listed System Access will pay RM13.8 million (556.2 million) for Comex Genesys, in cash and
      350 words
    • 282 7 A DISPUTE over New Zealand's Thames Business School (Thames NZ) appears to be erupting between Singapore education services providers Informatics Holdings and Hartford Holdings. A day after Hartford, a subsidiary of Raffles Education Corp, unveiled its intention to acquire Thames NZ, Informatics
      282 words
    • 347 7 Reuters ISYDNKY] Telstra Corp Ltd, Australia's largest phone company, raised concerns that industry regulations have hurt the company's value and took a swipe at its main rival, Singapore Telecommunications Ltd. Telstra chairman Don McGauchie said at the company's annual general meeting yesterday
      Reuters  -  347 words
  • Page 5 Advertisements
    • 53 5 2005 Seminar on Real Estate Projects of Jinniu District, Chengdu, China Organized by: China Chengdu Municipal Administration of State Land and Resources The People's Government of Jinniu District, Chengdu, China Supported by: Network China Lianhe Zaobao Time: 28 October 2005 (Friday) 10:00 am -12:30 pm Venue: Raffles City Convention Centre,
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  • Page 6 Advertisements
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      335 words


  • SINGAPORE MARKETS
    • 661 8  -  STOCKS Citigroup sees multi-year recovery in Singapore property market R SIVANITHY Senior Correspondent Appearances, especially in the stock market, can be deceiving. A look at yesterday's session during which the Straits Times Index rose 3.63 points to 2,226.46 for instance, might suggest a
      Source: Bloomberg  -  661 words
    • TRADES TO WATCH
      • 412 8 HSBC Investments (HK) Ltd saw its deemed interest in Yellow Pages rise from 6.862 per cent to 7.34 per cent through an open market purchase on Monday at an undisclosed price. HSBC Investments now owns 11.6 million shares in Yellow Pages, which
        412 words
      • 106 8  -  By AMIT ROY CHOUDHURY TEMASEK Holdings' deemed interest in marine group Chuan Hup Holdings has gone down to 4.61 per cent from 5.96 per cent. This follows open-market sales by NexGen Capital Ltd, an indirect subsidiary of NexGen Financial Holdings Ltd (NGFH). NGFH
        106 words
    • Article, Illustration
      441 8 OTHER SINGAPORE INDICES Oct 25 VALUE CLOSE BT OB/OS -911.00 +93.00 BT CADI -*****.00 +18.00 BT 10-day MA -*****.00 -91.00 AH-SG Equities 571.17 +0.66 SG Equities Elect 121.75 -0.88 SG Equities Fin 1635.19 +3.84 SG Equities Prop 693.22 +9.19 SIMSCI 263.01 +0.14 SiMSCI Futures 262.50 +0.10 MOST ACTIVE STOCKS VOLUME
      441 words
    • 291 8  -  Compiled by UMA SHANKARI Keppel Land Oct 25 close: $3.82 OCBC INVESTMENT RESEARCH, Oct 25 KEPLAND reported a poor 3Q05 set of results. Even though sales were up 70 per cent year-on-year to $163 million, profit was flat at +2.4 per cent year-on-year to $33.2 million, and this
      291 words
    • 423 8 CURRENCIES Reuters [LONDON] The euro erased early losses and gained new ground against the US dollar yesterday after stronger than expected German business sentiment data fanned talk of interest rate rises in Europe sooner than forecast. Germany's Ifo business climate index rose
      Reuters  -  423 words
    • 239 8  -  CHART POINT By YEO KEE YAN chartist at Kelive Research THK Straits Times Index may have bottomed in the near term following its precipitous 103point drop to 2,£00 last week. Our reasons are predicated on the following: Initial wave projection target
      239 words


  • SINGAPORE NEWS
    • 390 10  -  Consultants say bids may reach up to $500 psf By ARTHUR SIM THE fourth condominium parcel of land at Sentosa Cove is open for tender and developers have about six weeks to decide how much they are willing to pay for it. The
      390 words
    • 324 10  -  By UMA SHANKARI THE Global-Asia Trade Exchange (GATEOS) the largest procurement event for Singapore's electronics and precision engineering industry kicked off on a high note yesterday with $5.9 billion of deals on the table. The event matches global buyers in the automotive
      324 words
    • 350 10  -  By MATTHEW PHAN THE University of New South Wales (UNSW) yesterday appointed the first president of its Singapore campus, UNSW Asia. He is Greg Whittred, currently the dean of UNSW's faculty of commerce and economics in Sydney. He will direct efforts
      LIANHE ZAOBAO  -  350 words
    • 264 10  -  By OH BOON PING PROPERTYand infrastructure firms looking to expand their reach regionally may wish to look to Vietnam, as the country's township development remains largely unexplored. "We are aiming to develop Ho Chi Minh's public housing and infrastructure in order to raise
      264 words
    • 253 10 MANY Singaporeans are concerned about wasteful product packaging and energy use, at least according to an Internet survey by the Ministry of the Environment and Water Resources (MEWR). The survey of 2,800 people from May to Aug 2005 was conducted as part of a
      253 words
    • 464 11  -  Highly tactical race expected with strong Atlantic Ocean winds By AL R DIZON WHILE the transatlantic crossing from Portugal to Brazil was the first big test for the amateur crews of the 10-yacht fleet competing in the Round the World Yacht Race, the southern
      464 words
  • Page 10 Advertisements
    • 895 10 liyj.l.TJl Corporation I Keppel Corporation Limited I Co Reg No: *****0351N H (Incorporated in the Republic of Singapore) H 1. UNAUDITED RESULTS FOR THE THIRD QUARTER ENDED 30 SEPTEMBER 2005 I The Directors of Keppel Corporation Limited advise the following unaudited results of the Group for the I third quarter
      895 words

  • Page 11 Advertisements
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  • ECONOMY WATCH
    • 633 12 Central bank also lifts growth forecast for current year AFP [MUMBAI] The Reserve Bank of India tightened a key money market interest rate yesterday in an effort to head off inflation driven by soaring oil prices while also raising its growth forecast for
      AFP  -  633 words
    • 345 12 Bloomberg [WASHINGTON] Consumer confidence unexpectedly fell to a two-year low in October as high energy prices and two devastating hurricanes left Americans feeling unsettled. The Conference Board's consumer confidence index fell to 85 from 87.5 in September, the New Yorkbased research group said yesterday. The gauge
      Bloomberg  -  345 words
    • 225 12 Bloomberg [BEIJING] China's top planning official said the government is targeting average economic growth of 7.5 per cent annually over the next five years as it strives to boost industrial production and increase energy efficiency. Growth will slow from an estimated average
      Bloomberg  -  225 words
    • 269 12 AFP [SHANGHAI] China's forex reserves are expected to surpass Japan's this year as strong fund inflows and a burgeoning trade surplus make it the world's largest holder of foreign currency, state press reported yesterday. "At this speed, our foreign reserves are likely
      AFP  -  269 words
    • 462 12  -  By ANTHONY ROWLEY in Tokyo IN THE clearest indication yet that Japan will need to raise taxes soon and sharply Finance Minister Sadakazu Tanigaki acknowledged yesterday that the government will have to decide in the next fiscal year what it wants to
      462 words
    • 502 12 Bloomberg [PARIS] The European Commission plans to cut its 2006 growth estimate for the euro region and warn that the 12-nation economy may perform even worse, says a draft of its semi-annual forecast. The Brussels-based EC expects expansion in the euro area of 1.9
      Bloomberg; BLOOMBERG  -  502 words
  • Page 12 Advertisements
    • 356 12 INVEMAPAN Ride the waye of recovery in JAPAN Japan s economy has continued to recover strongly. Successful reforms and de-regulation have helped to open up increasing opportunities for foreign companies looking for a share of the growing pie in the economic resurgence. Is your company getting a piece of the
      356 words

  • MALAYSIA/INDONESIA
    • 634 13  -  QSR board wants watchdog to clarify decision on takeover offer By PAULINE NG in Kuala Lumpur A DECISION by Malaysia's Securities Commission is being challenged in court in an action corporate circles have described as extremely rare. The board of embattled QSR Brands has filed
      634 words
    • 2396 13 VOl General Corp 0.41 unch 69 ***** rOQO) Gertting J1.40 0.20 1130 George Kent 0.58 -0.01 45 A M Realty 1.61 -0.01 8 GHL Systems 0.10 -0.01 1056 1 GlobetronicsTech 0.26 -001 2673 ACP Industries 0.63 unch 60 GlomacBhd 1.24 -0.02 60 Advance Synergy 0.24 unch 27 Gold
      2,396 words
    • 219 13 Bloomberg [KUALA LUMPUR] Tenaga Nasional Bhd, Southeast Asia's biggest power producer, said profit declined 9.6 per cent in the fiscal fourth-quarter as operating costs rose. Net income in the three months ended Aug 31 fell to RM403.6 million (*****.9 million), or 12.59 sen
      Bloomberg  -  219 words
    • BRIEFLY ASIA
      • 111 13 Bloomberg [JAKARTA] Three former executives of PT Bank Mandiri will stand trial in connection with a lending probe at Indonesia's largest bank, a court in Jakarta ruled. "The request from the defendants to halt the hearing must be rejected," presiding judge Soedarto said
        Bloomberg  -  111 words
      • 113 13 Bloomberg [MUMBAI] Videsh Sanchar Nigam Ltd (VSNL), India's largest long-distance phone company, said second-quarter profit rose 3 per cent, boosted by an increase in income from activities other than sales of its services. Net income rose to 910 million rupees (5534.2 million),
        Bloomberg  -  113 words
      • 88 13 Bloomberg [JAKARTA] Mitsubishi Corp, Sumitomo Corp and other Japanese companies have bid for infrastructure projects in Indonesia, a minister said. "Mitsubishi is interested in the power plant project, the Itochu and Sumitomo corporations are interested in mass rapid transportation system," Indonesia's Coordinating Minister for
        Bloomberg  -  88 words
      • 99 13 Reuters [HONG KONG] New World Development Co Ltd is in talks to merge its mobile phone unit New World Mobile Holdings Ltd with Hong Kong carrier CSL, which is controlled by Australia's Telstra Corp, a Hong Kong newspaper reported yesterday. The Apple Daily
        Reuters  -  99 words
      • 112 13 Bloomberg [JAKARTA] Indonesia, South-east Asia's biggest oil producer, will export 10 per cent less oil and condensate in November to ensure supplies to local refineries and to reduce the nation's import bill, an official at the state oil company said. PT Pertamina, which sells
        Bloomberg  -  112 words
    • 444 13 Bloomberg [KUALA LUMPUR] Sime Darby Bhd, Malaysia's oldest diversified group, plans to double its plantation landholdings amid rising demand for palm oil and wants to buy power plants in Asian countries, including Thailand and China, to boost growth. The company also plans to
      Bloomberg  -  444 words
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  • GREATER CHINA
    • 482 14 Loans to home buyers and MNCs fuel 70% earnings surge [SHANGHAI] The profits of foreign banks in Shanghai soared more than 70 per cent in the first nine months of the year, even as their market share fell slightly, according to the South
      482 words
    • 569 14 Analysts expect sheer size of offer to dampen opening price Reuters [HONG KONG] Shares in China Construction Bank (CCB) traded just one per cent above their IPO price in the grey market, signaling the US$B billion listing is set for a subdued market debut tomorrow.
      Reuters  -  569 words
    • 290 14 Reuters [SHANGHAI] Three Chinese technology firms are readying initial public offerings on the Nasdaq worth a combined US$5OO million or more by the year's end, seeking to capitalise on strong demand for China plays on global markets. On Monday, chip designer Actions Semiconductor
      Reuters  -  290 words
    • 366 14 Reuters [SHANGHAI] Upstart venture capitalists in China are overbidding for assets and creating a bubble, longstanding players said yesterday. China is the promised land for private equity and venture capital investors, who are rushing to the mainland to capture opportunities in
      Reuters  -  366 words
    • 218 14 Reuters [HONG KONG] Chinese automaker Dongfeng Motor Group plans to set aside about 15 per cent of its US$5OO million Hong Kong IPO for strategic investors, sources close to the deal said yesterday. The sources said that Singapore investment company Temasek Holdings, which has been
      Reuters; BLOOMBERG  -  218 words
    • 274 14 Reuters, Bloomberg, AP [SHANGHAI] Carlyle Group will buy 85 per cent of the core unit of one of China's biggest construction machinery makers and distributors for US$375 million, sealing the country's first leveraged buyout deal, and one of China's largest private equity transactions, the
      Reuters,; Bloomberg,; AP  -  274 words
  • Page 14 Advertisements
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      562 words
    • 634 14 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF (1) GIM PENG PTE LTD (Co. Reg, No. *****8969 C) (2) SUGINO PTE LTD (Co. Reg, No. *****7255Z) (3) GRANDHOPE TRADING PTE LTD (Co. Reg, No. *****3166N) (IN CREDITORS' VOLUNTARY LIQUIDATIONS) Extract of the minutes at
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    • 606 14 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF VENTRADE TECHNOLOGIES PTE LTD COMPANY REGISTRATION NUMBER: *****5383 C Notice of Resolutions for Members' Voluntary Winding Up (Pursuant to Section 290) At the Extraordinary General Meeting of the members of Ventrode Technologies Pte Ltd duly convened and
      606 words

  • INDIA
    • 585 15 Sale of country's largest steel mill is biggest state sale to date NYT [MOSCOW] In its biggest privatisation deal to date, the government of Ukraine sold the country's largest steel mill for US$4.B billion to steel magnate Lakshmi N Mittal, the world's thirdrichest person.
      NYT; AP  -  585 words
    • 280 15 Reuters [SEOUL] State-run Indian Oil and Natural Gas Corp (ONGC) has entered talks with Korea National Oil Corp (KNOC) over the possible use of Korea's oil storage tanks, a senior official at Korea's energy ministry said yesterday. South Korea, which imports all of its crude
      Reuters  -  280 words
    • 229 15 Reuters IMUMBAII India's top vehicle maker, Tata Motors Ltd, reported a 9.4 per cent rise in quarterly net profit yesterday as strong sales and cost controls more than offset high raw material costs but the result lagged market forecasts. The New
      Reuters  -  229 words
    • 479 15 Reuters [NEW DELHI] Bharti TeleVentures, India's top mobile operator, is expected to show quarterly profit rose by nearly two-thirds tomorrow as numbers of users surged and its network expanded in the world's fast-est-growing major wireless market. Analysts say a growing market share, rising
      Reuters  -  479 words
  • Page 15 Advertisements
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      389 words

  • ASIA-PACIFIC/WORLD
    • 460 16 Ten biggest deals account for 12% of US$5.26b invested in 714 transactions Bloomberg [NEW YORK] US venture capital spending increased 13 per cent in the third quarter from a year earlier as firms sought to invest funds raised since 2000 before their
      Bloomberg  -  460 words
    • 536 16 Reuters, AP [LONDON] Wireless equipment maker Ericsson will buy once-mighty British rival Marconi for 16.8 billion kronor (553.6 billion), combining two companies with long histories to face booming future demand for fixed and mobile broadband Internet. Ericsson said it was taking over Marconi's international
      Reuters,; AP; AFP  -  536 words
    • WORLD WATCH
      • 80 16 AFP [LONDON] British oil giant BP yesterday said net profit rose to US$4.4l billion during the third quarter, as record energy prices helped to offset production damage caused by recent hurricanes that swept the United States. BP reported that net profit, excluding gains
        AFP  -  80 words
      • 96 16 Reuters [DUBAI] US President George W Bush said military action was a last resort in dealing with Syria and he hoped Damascus would cooperate with a probe into the killing of former Lebanese premier Rafik al-Hariri. "A military (option) is always the last choice of
        Reuters  -  96 words
      • 60 16 AP [NEW YORK] Spain's Banco Santander Central Hispano SA on Monday said it will pay US$2.4 billion for a 20 per cent stake in Philadelphia-based Sovereign Bancorp Inc, which plans to use the proceeds to expand in New York City. The agreement also gives
        AP  -  60 words
      • 65 16 Reuters [TOKYO] Japanese Prime Minister Junichiro Koizumi said yesterday he wants to meet Chinese President Hu Jintao on the sidelines of the Asia-Pacific Economic Cooperation leaders' meeting next month. However, Chinese Vice Foreign Minister Wu Dawei was quoted by Kyodo news agency as saying
        Reuters  -  65 words
    • 457 16 Bloomberg [MANILA] Philippine electronics export growth may di"op sharply this year after Toshiba Corp moved notebook production to China and as power and transportation problems dampen sales and investment. Yesterday, power went out for more than an hour as industry executives held their annual meeting.
      Bloomberg  -  457 words
    • 425 16 White knight Flowers bows out after court ruling NYT [NEW YORK] A group of investors led by J Christopher Flowers withdrew its bid for the futures brokerage business of Refco late on Monday after a bankruptcy judge ruled that he would approve a
      NYT  -  425 words
    • 417 16 Reuters [BANGKOK] Thai telecommunications firm Samart Corp expects revenues to rise at least 10-15 per cent next year, boosted by a possible investment in electric power and other projects. Samart, which is 19.6 per cent owned by Telekom Malaysia, is in talks with
      Reuters  -  417 words
    • 267 16 AFP [WASHINGTON] US Vice-President Dick Cheney was linked to a case involving a leak to journalists of an undercover CIA agent's identity, according to a report on Monday in The New York Times. The report on the newspaper's website, citing lawyers involved in
      AFP  -  267 words

  • WORLD
    • 516 17 BIRD FLU Pandemic would reduce trade, consumption and investment: ADB AFP [MANILA] A severe outbreak of avian influenza could cost the Asia-Pacific region between US$25O- billion in the short term, according to preliminary estimates by the Asian Development Bank (ADB). The Manila-based bank
      AFP; REUTERS  -  516 words
    • 246 17 AP (NEW DELHI] India's government is considering whether to invoke a special law which would allow its drug manufacturers to copy the anti-bird flu drugTamiflu without getting a licence from Roche Holding AG of Switzerland, which holds the patent, an official said. Indian authorities
      AP  -  246 words
    • 187 17 AFP [SINGAPORE] Singapore's Ministry of Health (MOH) yesterday advised travellers to areas which have reported cases of avian influenza to avoid contact with various types of birds. "In light of countries in Asia and Europe reporting influenza A/HSNI outbreaks among poultry, MOH wishes
      AFP  -  187 words
    • 365 17 AFP [BRUSSLES] Health ministers from 30 countries will look at loosening the patent on Roche Holding's Tamiflu to boost production, Canadian Health Minister Ujjal Dosanjh has said. Some countries are saying that if necessary, "they will defy patent restrictions", Mr Dosanjh said at the
      AFP  -  365 words
  • Page 17 Advertisements
    • 38 17 Wr m W %r %Wk a#l/ #A TSBafeLA,*! fe»feAJS£&4£*Msf^Xl&fe w V" j;s q*!- *y' m M t-: :;g;Mw kf-i w •■>• i'-v l^«Jr^"Skmrn^g^MiM 1 gi, t-..:-; I -V-:; V 1 r?^.#^ and fortunwel'ylodged in his mobile phone ■I Report
      38 words

  • AVIATION
    • 319 18 Two daily flights to Mumbai, 6 weekly flights to Chennai, and a new service to Bangalore AFP [LONDON] The number of British Airways (BA) flights between London Heathrow and India will almost double when the airline's winter schedule begins next Sunday,
      AFP  -  319 words
    • 352 18 Reuters [LONDON] Noel Forgeard, the outspoken co-chief executive of Airbus parent firm EADS, says Europe wants to avert a trade war with Washington over funding for plane makers and that Airbus could be flexible on financing. "Europe wants a new negotiated
      Reuters; BLOOMBERG  -  352 words
    • 249 18 Bloomberg [FRANKFURT] Austrian Airlines Group, owner of the country's largest carrier, reported an 84 per cent drop in third-quarter profit and reiterated that it will post a fullyear loss because of soaring fuel costs. Net income fell to 7.8 million euros (S$
      Bloomberg  -  249 words
    • LOG BOOK
      • 58 18 Bloomberg [SINGAPORE] Jetstar Asia, the international budget airline of Qantas Airways Ltd, said it will start offering flights to Thailand's Phuket to meet a resumption in travel demand. It is offering four weekly services between Singapore and Phuket. It will offer a promotional one-way
        Bloomberg  -  58 words
      • 60 18 AFP [MANILA] Flag carrier Philippine Airlines said on Monday that it would start regular flights to Beijing on Nov 11, ending a 16-year hiatus. PAL will fly three times a week between Manila and Beijing, a company statement said. The airline flew to Beijing from
        AFP  -  60 words
      • 101 18 Bloomberg [SEOUL] Asiana Airlines Inc, South Korea's second-largest airline, said it filled fewer passenger seats last month as travel demand fell on both its international and domestic routes. It packed 67.4 per cent of available seats in September, down from 69 per cent
        Bloomberg  -  101 words
    • 459 18 Bloomberg [TOKYO] Japan Airlines Corp, the country's largest carrier, said that it would join the Oneworld alliance, using the group's route network to fly passengers to more overseas destinations while it shrinks its own flights to cut cost. JAL is cutting its
      Bloomberg  -  459 words
    • 314 18 Bloomberg [HONG KONG] Hainan Airlines, China's fourth-largest carrier by fleet, said it's getting 1.5 billion yuan (Ss3ls million) of government funds to set up a new company with three smaller carriers, as it expands to meet travel demand. The provincial
      Bloomberg  -  314 words
    • 1974 18 Fuatr eta man rro sqso24 2255 sqso24 1425 Darwin AF8087 1850 A***** 2215 MalaldlLH9771 1845 LH9770 2300 BA ZH] ]®§5 A***** 2215 5Q230 1845 SQ229 2300 Q F81 1850 ISfS P MI588 1835 MI588 0840 S D*l S2081 0630 S2082 0900 s 55 5 —m H
      1,974 words
  • Page 18 Miscellaneous
    • 193 18 CRYPTIC CROSSWORD Edge in very quietly to ImJ Some ham at European drama stereo broadcast be made? (7, DOWN 8 Mark embraces American to Across: 1 Spreads, 9 Macaroni, 10 A show support (7) Entente, 11 Pointing, 12 Crater, 13 Monitor popular pastor in 13 Break up a group from
      193 words

  • SHIPPING
    • 638 19 Shipping capacity growing faster than demand; AsiaEurope rate down 15% since Sept Reuters [HONG KONG] Container liners, which have ridden a three-year wave on surging Chinese trade, are heading for choppier waters as shipping capacity grows faster than demand. "Long-term investors
      Reuters; FILE PHOTO  -  638 words
    • 488 19 Bloomberg [LONDON] The shipowning Sohmen-Pao family raised 4.22 billion Norwegian kroner (551.09 billion) in an initial public offering (IPO) of Bergesen Worldwide Gas, the largest share sale in Oslo in four years. Bergesen Worldwide Group, which owns the world's No 1 gas-shipping company, priced
      Bloomberg  -  488 words
    • 813 19  -  STRAIT TALK By DAVID HUGHES LOOKING at the liner scene right now is a strange experience. The shippers, or more accurately their representative organisations, continue to complain vociferously about the iniquities of the conference system and such things as terminal handling charges (THCs). For their part,
      813 words
    • 226 19 Bernama [MELBOURNE] Hundreds of New South Wales container warehouses and freight movers are being forced to lay off staff amid the state's port crisis, the Australian Federation of International Forwarders (AFIF) said yesterday. Sydney's Port Botany is nearing capacity and may soon be brought
      Bernama  -  226 words
    • 128 19 AFP [MOSCOW] Two Russian ships continued yesterday to defy coast guard orders to head for a Norwegian port after being stopped in the Barents Sea for alleged illegal fishing, Interfax news agency said yesterday. Norwegian inspectors and a coast guard detachment were aboard one of
      AFP  -  128 words
    • 358 19 Bloomberg [LONDON] Peninsular Oriental Steam Navigation Co (P&O), the UK's largest port operator, said slowing economic growth in Britain will hurt 2005 operating profit at the ports division. The shares fell the most in almost eight months. Full-year earnings before tax and
      Bloomberg  -  358 words
    • 296 19 SGX '000 Oct 25 Sj W- Vol CH Offshore .0.38 0.01 245 ChuanHup .0.81 0.01 1765 Cosco Corporation .2.20 -0.04 3331 CWT Distribution 0.84 0.01 79 Ezra Hldgs 1.37 -0 02 813 Freight Links 0.06 -0.01 420 Grand Banks Yacht .0.92 unch 5 Java Holdings 1.28 0.02 925
      296 words
  • Page 19 Advertisements
    • 90 19 22-24 Mar 2006 Singapore Expo '"»i' www.apmaritime.com j?* International Ship Registries (ISR) provides fast efficient service for registration licensing of International Ship Classification (ISClass) is an Tnfr**iw W independent organization providing classification ISCIa*« serv ces for newbuildings existing vessels as well as statutory surveys certification on behalf Radio Acconnting Services
      90 words

  • EDITORIAL & OPINION
    • 547 20 EDITORIAL "IF I am confirmed to this position, my first priority will be to maintain consistency and continuity with the poiicies established during the Greenspan years." So said Ben Bernanke, the chosen successor to US Federal Reserve Board chairman Alan Greenspan, whose term expires in January.
      547 words
    • 1142 20  -  If your employees believe in your brand, customers will follow JOE BALADI HOW often do we hear ads and product literature proclaim: "The customer is No 1"? How common are claims by companies that they understand you and your needs better than anyone
      ST FILE PHOTO  -  1,142 words
    • 735 20  -  THE BOTTOM LINE FRANK CHING LAST week, China issued a 23,000-word white paper on democracy, the first time the communist government has ever done so. However, instead of being a blueprint for the development of representative government, it turned out to be
      735 words
    • 1508 21  -  Thomas H Lee Partners among those that had not spotted dodgy loan By RIVA D ATLAS, JONATHAN D GLATER PETER F James had been working at Refco less than two months when he noticed something this summer that teams of accountants had
      AP  -  1,508 words
    • 872 21  -  ANDY MUKHERJEE Bloomberg Frustrated in its attempts to trim billions of dollars in consumer and producer subsidies, India has tried to cut the waste and fraud that make handouts more expensive and less effective than they could be. Most of its
      Bloomberg  -  872 words
    • 556 21  -  LETTER TO THE EDITOR Quek Soo Beng I REFER to Michelle Quah's article "Full public confidence vital for accountants" (BT, Oct 22), reporting on the speech "Make Singapore the trusted reference for accounting" by Second Minister for Finance and Foreign Affairs Raymond Lim
      BLOOMBERG  -  556 words


  • 11289 22 SGX MAINBOARD 52-Wk Tel List Vol Day Last Quote GrOiv Div GrVW Net MCap High Low Code Company Sale COOP) High Low Buyer Seller Cvr p/t SmW 8 2 S716 1st Software 5c 3 25 3 121 255 6.5 3148 8TelecomUS2c 7 unch 1111 7 65 65 7
    11,289 words
  • Page 22 Advertisements
    • 38 22 "^r Jmm.w/\ MEm JL- J w /®!v Le maitre de I'horlogerie depuis 1875 1/ Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. 541 Orchard Road #17-00 Liat Towers Singapore *****1. Tel: 6238 6678 Fax: 6238 6676. http://www.audemarspiguet.com
      38 words

  • 6483 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES c*1» Id Clili'SS n. %d tt24 Index Change Change Change Change Change Change The World Index Preliminary 899.3 0.8 5.5 0.7 4.5 o.8 06 t EAFE Preliminary «75J 0.6 134 0.4 5.7 (U ij Europe Preliminary 1187.1 1.2 12.1 0.8 4.1 09 03
    6,483 words

  • Page 24 Advertisements
    • 1232 24 3L HuriL«JSMi H |||-Lj||]n|ar Ife i| V 1 NYK GROUP SOUTH ASIA PTE LTD vsw4 %rVTT 6W VJT TEL: *****123 EELfiknS*™" J^SLiStJt' gS^) 92 12 2 7^S^ sa^)/6239 7109(OPS)/*****785(Dc^curnentatkx,, flfp i i i rn A HHEESflflfl! <**» 1378 *****000 \ik SENATOR LINES anTftTf rf&fet jfKgW MNATOK (S.K.A.IM* ltd Main lines
      1,232 words
    • 878 24 lINTOASIA RORO SERVICT vßso/vor umvn hbghwm ho r<h m I sw I jw STIAITS VENTURE 22/05 15 3.2 27/10 30/10 03/11 06/11 08/11 STIAHS VENTURE 23/05 15 3.2 10/11 13/11 17/11 20/11 22/11 STRAITS VENTURE 24/05 15 3.2 24/11 27/11 30/11 03/12 05/12 [AUSTRALIAN RORO SERVICE I jvßSa/VOT IMWUKDI HBGHTWj
      878 words

  • Page 25 Advertisements
    • 1044 25 wwwhomburgsud.com ASIA SERVICE SUHG 1 (KfOCT) ASU S«V1« SIIN6 J (IXPORT) ETA r*> Vwid/Vtyte SMGAfORI PURIAN StPETIOA SANTOS ITAJAI PARANAGUA Vm-I/V--. SINGAPORE MJINOS AMIS RIO GRANDE SAMTK UPfTUI KYI floresto 003W 02/11 13/11 23/11 24/11 24/11 27/11 IpcnJ 29/lT I Mora Mm 502W 09/11 20/11 30/11 01/12 03/12 04/12 Cokmtus
      1,044 words
    • 1151 25 rasa WT m J<T hkg khh inc kyh pus vessel voy sin jkt sub|hkg usn pus HYprowess 103S 27/10 2»/10 3/11 5/11 7/11 f/11 »/ll KMTCPUSAN SI2S 30/10 02/11 M/lT M/iT"~W\ ly\\ HYIWDGE IO2S 3/11 5/11 10/11 12/11 U/Fl ii/iTu/n KMTC SINGAPORE SIST 4/11 9/11 IcTTT Ts/TT "T»7iT 10/iTi IhYVUDIVOSTOK
      1,151 words
    • 826 25 <§> &at ifa WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VKtti VOY |sm pjclanglcqiombo n sheva (Cuomo KOTA PEKTAMA YPMO2S 24 00 25 OCT WOO 01 NOV 04 NOV ifIJQIAI QflL 28 DO OMIT OMIT 03 NOV 06 NOV ««LHMML3IOO 01 NOV tisMOv mm?
      826 words

  • Page 26 Advertisements
    • 1074 26 WW WALLENIUS WILHELMSEN website: htlp://www.2wglobal.(om VESSEL VOY RAMP HtIGHT SIN IK MAO HOU* MIA SAV ~laT~ ORF HTC NEW MM TALISMAN AFS2B 320TMS 6.4 M 30/10 20/11 29/11 03/12 07/12 OS/12 TARONGA AF529 320TMS 6.25 M 07/11 03/12 12/12 16/12 21/12 19/12 TAMPfRE AFS3O 400To«s 6.3 M 16/11 11/12 20/12
      1,074 words
    • 1636 26 VESSEL VOY SIN PGU VtSSEI VOY SIN JKT PAC BANDA 1587N 26/10 27/10 PAC BWTAN 9322 29/10 oTTTI CSf 2301 0191P 27/10 28/10 PAC »*U 4190 31/10 03/11 PAC BANDA ISBBN 28/10 28/10 PAC BINTAN 9323 05/11 08/11 mum isB?h 29/iq 2vio~ m—m\ CSf 2301 O]92P 29/10 30/10 ""P™ HBtT
      1,636 words
    • 652 26 BSA -L VtaKnPffSSTfVfS MYANMA RH FIVE STAR LINE (Myanmar National Line) Loading for Yangon VESSEL VOY SIN PKI PEN PGU PAGAN 348W SLD PAGAN 349W SID IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUI/PKL 03-*****388 PEN: 04-*****15 MA ACCEPTING CONVENTIONAL CGO VESSEL VOY HKG SIN PGU PKI KIK RAINBOW JOY 6 SU)
      652 words

  • THE BUSINESS TIMES SHIPPING TIMES
    • 9578 27 SIN Dest'n Name Name Numfc* Number SIN Na„U ST SSZ ZT To ABIDJAN (ABJ) 2003 Cote D'lvoire CMACGM API shanghai 022E *****800 03/11 12/12 China Shpg cmacgm seine SX183W *****898 AUCKLAND (AKL) 2031 New Zealand 04/11 20/12 CMACGM CMACGM SEINE SX183W *****800 09/11 27
      9,578 words
  • Page 27 Advertisements
    • 231 27 EH Taiwan (SSC), kee/khh/txg B*fl V USA All IPI via LAX/NYC (MLB/AWS) LCL/FCL rata«! HUB MARINE PTE LTD BOOKING: *****375/716 MAINLINE: *****866 FAX: *****066 OPR CODE "DZ" CR NO **********0Z MARKETING SALES: KELVIN CHUA: *****535, MELINA LEE: *****187 PT KLANG S'POK YANOON; MM* STORE KUCHMO SMI VESSEL VOYAGt PKG I
      231 words
    • 504 27 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd Level, l y Freight Links Express Logisticentre, Singapore *****3 Tel: *****51 1 Fax: *****577 TWBmF* E-mail: flesin@singnet.com.sg f6B| Website:http://www.freightlinks.net ATTRACTIVE RATES TO: u P ALEXANDRIA GENOA KEELUNG KAOHSIUNG Hi W LE HAVRE MALTA MAHE MARSEILLE Wgt f CEBU DAUAN HONG KONG
      504 words
    • 120 27 g e^? gen,ki l,nes J As Agents CROSSEAST SHIPPING PTE LTD operotor code GK CR MO: 778 3202 OOOOM Tel: 6327 1788 Fax: 6327 ISBB bookjn(|@ffoss«asl.com.sß WJBSfTt www geraki commy KUCHING WEEKLY WEDNESDAY SAIUNG BINTULU 2 SAILINGS GENIKIJOHOR GJI7OE 23/10 24/10 26/10 28/10 30/10 GENIKI JOHOR GJI72E 01/11 02/11 03/11
      120 words
    • 377 27 330N2W1^0?0n^n3/ll 331N 01-02/1) 08 10/11 15 16/11 I 332N 05-06/11 11 13/11 19 70/11 I ■jJTmM JGER SKY 333N 08-09/11 15 17/11 22 23/11 I tiger WAVE 334N 12-13/11 18 20/11 26 27/11 I TIGER PEARL 33SN 15 16/11 22 24/11 29 30/11 I Ky9]rfflxTOS^J3^2«7/in^s/l^H2s^ TfHffiTWUGER SPIRIT 111 01-02/11 10
      377 words


  • MOTORING
    • 482 29  -  Bangkok showroom and store is first of 20 planned across the country By SAMUEL EE STAMFORD Tyres plans to expand in Thailand following the success of a Bangkok satellite store that retails and distributes alloy wheels and tyres. The Singapore main-board-listed company set up
      482 words
    • 712 29  -  By GEOFFREY EU DESPITE a rash of criticism concerning the recent inl- of its stake in fellow German carmaker Volkswagen AG to 18.53 per cent, the good times are still rolling at luxury brand Porsche as it remains the most
      TERENCE TAN/ST  -  712 words
  • Page 29 Advertisements
    • 32 29 ISiw Lianhe Zaobao I I Closer scrutiny I I of insider trading I I lands more I I corporate chiefs I lin the dock I 100-; m I I ±m HOT IPO
      32 words
    • 13 29 U P P E L U B Dining QgH|B HOTE^PHOENIX I V5K7^ jjlllll^^
      13 words
    • 438 29 NOTICES BU V IT SELL i T PlND i T JOINN HOLDINGS LIMITED (Incorporated in Bermuda) NOTICE IS HEREBY GIVEN that a Special General Meeting ("SGM") of Joinn Holdings Limited ("the Company") will be held at Copthorne King s Hotel Singapore, Marquis Room, Level 2, 403 Havelock Road, Singapore *****2
      438 words
    • 365 29 IN THK MATTKR OF THK COMPANIKS ACT CAP 50 AND IN THK MATTHR OF ASIA PETROCHEM SHIPPING PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) Al an Extraordinary General Meeting of ASIA PETROCHEM SHIPPING PTi; LTD duly convened and held al 2<X) Cantonment Road. #09-01 Sou'hpoinl. Singapore *****3 on 25 October 2005 al
      365 words

  • Page 30 Advertisements
    • 538 30 K K Please note that the data of workshop pubtished in Straits lißliMiliililiWil^Liypl.l i| m Tnw an Monday 24 October andTOMf an 250ett*r 2005 ■|N|||||||X|Q m m m m v *aJw f 2005. Wiapotofli* tor MyincawanienMMuMd ml took *am- w forward to »eing you this Thursday. SINGAPORE Mter/'ca hhh 33'°
      538 words
    • 72 30 25 1 ~p* |O«CMMD| .<!)■■J ISMHTON UIKVL t, 4 z j 1—i WHY ARE THE CHICKENS going to Shenton Way?? Om< voiif colleagues. fnerwH and iovfxl out a t(v !t)duly»e in out mufti .tvvasd-winning Mandarin Chicken Rice. 'Vv-aji-thk* from Mondavi Fnftav* I > n«.x»n to 2.30pm Reservations: 0224 3203 Becoz'
      72 words
  • executive Money
    • 1125 30  -  <tax@kpmg> BJ OOI and LIANG MUN CHUAN outline the tax advantages of planning and reviewing your financial situation as the year draws to a close BJ OOI, LIANG MUN CHUAN IN THE world of tax, things are never quite as simple as they seem. Thus, planning
      1,125 words
    • 701 30  -  Mercer finding raises question on whether firms can do more to back pro-family moves By GENEVIEVE CUA ONLY 3 per cent of 1,000 corporations provide cover for medical expenses relating to maternity, a Mercer survey of Singapore's health and benefit plans has found.
      701 words
    • 342 31  -  By Chua Boon Lee THE price of physical gold for delivery hit a near twodecade high this month as investors rushed to hedge against the possibility of rampant global inflation spurred by the high cost of oil and other Expectations of sharply rising demand fromconsumers in
      Source: S&P Fund Services  -  342 words
    • 605 31  -  Portfolio managers are less aggressive as market risk premium trends downwards: dollarDEX By OH BOON PING INVESTORS should seek out less risky funds as the market risk premium is now lower, says online wealth management firm dollarDEX. Using the data for 80
      605 words
    • 5308 31 UNIT TRUSTS FUNDS CitiBond S'pce A/t 1.2S CitiBond S'pore B/$ t 341 ABN Amro Asset Mgt (S'porc) M"*? Class A 1 0313 Star Europe Eqty'" ***** Cm Money Sing Dollar Class B 1 0856 Star Europe Bond 1238/ Cm ParvEurope Equity Find 12f Star Europe Bal 1.131/ C Asa Titt
      5,308 words
    • 1163 32  -  FAs need deep pockets in their arduous climb to profitability, says GENEVIEVE CUA GENEVIEVE CUA IF YOU deal with a licensed financial adviser (FA), how concerned should you be that the firm that advises you on your savings is financially stable? Financial sustainability among
      1,163 words

  • Page 31 Advertisements
    • 29 31 DIT Europazins Best Bond Europe Fund over lyr, 3yrs and 5yrs category" rated AA Allianz (fir) by Standard Poor's. rl TU J Global Investors Edge-Lipper Singapore Funds Awards 2004
      29 words

  • Page 32 Advertisements
    • 89 32 LEAVING YOU OUT IN THE VJ DO YOU WANT TO KNOW HOW YOU A CAN USE TRADE CREDIT INSURANCE TO IMPROVE YOUR BUSINESS? JT If you have answered above, you /j will be pleased to know that (E latest U Trade Credit Insurance (TCI) Programme now B>For more information, please
      89 words
    • 10 32 FUNDS Time to seek out less risky ones PG 31
      10 words

  • THE BUSINESS TIMES Investing 2005
    • Article, Illustration
      466 33  -  By Genevieve Cua INTEREST rates are ticking up; property seems to be hot and ditto for emerging markets. If you have cash idle in a bank account, now is as good a time as any to test banks' investment advisory services. Interest rates on deposit accounts remain
      466 words
    • 1231 34  -  Diversification limits risk and offers the opportunity to grow investments with fewer fluctuations, says LIM MENG TAT LIM MENG TAT YOU may know an investor like Kelvin. He swears he was diversified in the late 1990s before the stock market retracted. After all, he insists,
      Source: Association fa Investment Management Research  -  1,231 words
    • 829 36  -  With comfortable yields despite a surge in Reit numbers, the focus will now be on quality management, says JYOTI RAMCHANDI JYOTI RAMCHAIHDAMI THE real estate investment trust market in Asia continues to grow, with a surge in the number of Reits launched this year
      Source: CBRE/Henderson Global Investors  -  829 words
    • 1404 37 BT Advertorial Foreign investors are clamouring for office spaces in a tight market. As the economy slowly picks up, monthly rentals for office units have begun to inch up. With interest rates still relatively low, analysts believe this could be the right time to make an
      1,404 words
    • 1069 38  -  NICHOLAS MAK highlights eight crucial steps investors should take when they go shopping for real estate NICHOLAS MAK REAL estate probably makes up the biggest chunk of most investors' portfolios but despite that, many people don't seem to have a strategy when they commit
      FILE PHOTO  -  1,069 words
    • 1759 40  -  While the residential sector in Beijing and Shanghai has cooled following policy changes, markets in other Asian cities continue to be upbeat, say KELVIN NG and JARL BORTHWICK KELVIIH NG, JARL BORTHWICK ASIA'S luxury residential markets vary widely in performance even as regional economies have shown
      Source: URA  -  1,759 words
    • 1108 41  -  The recent surge in non-residential investment sales can be partly attributed to tne rapid development of the Reit and yield accretive investment market here, say FENG ZHI WEI and QUEK SOH HOON FENG ZHI WEI, QUEK SOH HOON INVESTMENT sales in the commercial sector from offices
      Source: Jones Lang LaSalle Research; FILE PHOTO  -  1,108 words
    • 1612 42  -  CFDs, or contracts for difference, are derivatives that offer short-term investors many advantages, says DAVID GRANT DAVID GRANT THE 1990s saw a surge in public interest for trading shares, largely due to the increasing use of the Internet as a delivery channel and information
      1,612 words
    • 1620 43  -  Once only open to sophisticated investors, products like structured warrants and discount certificates have given retail players a new world of options, SANDRA LEE explains how they work SANDRA LEE THE Singapore market has seen a flurry of securitised products introduced in the past few years,
      Source: Deutsche Bank  -  1,620 words
    • 773 44  -  Sustainable uptrend in Asian equity prices in the next few years to be driven by corporate earnings growth and higher valuations, not dividends, says LIM CHUNG CHUN LIM CHUNG CHUN SEVERAL Asian equity markets have rallied to multi-year highs in recent months and the question now
      Source: MSCI, Fast Financial compilations  -  773 words
    • 1190 46  -  Better credit fundamentals, a more mature market and a growing number of investors are making emerging market debt more attractive and less risky, says LIAN CHIA LIANG LIAN CHIA LIANG THE performance of emerging market external debt has been one of the most outstanding among
      Source: Pimco  -  1,190 words
    • 1268 47  -  As gold prices hit 19-year highs, investors may be asking if this metal should be part of their portfolios. If so, is physical gold better or equities? And how much steam is there left in the gold rally? ALFRED WONG, senior portfolio manager at UOB Asset Management,
      1,268 words
    • 1187 48 A carefully designed life assurance plan that meets the requirements of one's various life stages is an advantage in an uncertain world A LIFE insurance plan must meet your needs at different life stages so it is imperative that you understand your changing needs as
      FILE PHOTO  -  1,187 words
    • 961 48  -  By CHRISTOPHER TAN ABOUT a year ago, I argued in The Business Times that we don't need whole life insurance. The message was simple. Life insurance is meant mainly to protect us against loss of income due to death, disability and a medical
      961 words
    • 1458 49  -  They can benefit a senior person if the programme is designed carefully, says PHILIP LOH PHILIP LOH AN interesting question was recently highlighted in the media and among insurance professionals. The question is: "Would you recommend a regular premium invest-ment-linked plan (RP ILP) to
      1,458 words
    • 792 50  -  NICHOLAS TAN looks at the factors to bear in mind when considering the product NICHOLAS TAN IF YOU'RE looking to beat time deposit rates, a structured deposit is an option to consider. However, unlike traditional deposits, this product comes with greater risk which investors should be
      FILE PHOTO  -  792 words
    • 1103 51  -  With shrewd financial planning and a good understanding of how loans work, you can take charge of your finances, says JEREMY GOH JEREMY GOH MORE Singaporeans have been drawn to invest in private residential property after rules were relaxed in July, allowing banks to finance
      1,103 words
    • 801 51  -  By EDDIE KHOO FOREIGN currency investments are not new to Singapore. However, many depositors prefer to place their funds in Singapore dollar deposits, even though the interest rates for such deposits can be significantly lower than that offered on foreign currency investments. Understanding foreign currency deposit
      FILE PHOTO  -  801 words
    • 1383 52  -  At least $150,000 to invest? Banks are more than ready to roll out the red carpet for you, reports GENEVIEVE CUA GENEVIEVE CUA IF you have between *****,000 and *****,000 sitting in a bank account, your friendly banker wants you. And chances are, you'd want
      FILE PHOTO  -  1,383 words
    • 788 53  -  DAVID WHITTEN examines why the natural resources sector is an attractive area for investors DAVID WHITTEM THERE has been renewed interest in the natural resources sector over the past year with the launch of several new funds and a new index in the asset
      REUTERS  -  788 words
    • 2045 54  -  By instilling good financial habits in children, parents are coaching them to become financially responsible adults, PAUL STEFANSSON explains a variety of techniques to help children develop successful money management habits PAUL STEFANSSON EDUCATING your children on the subject of money is about a lot more than
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    • 748 55  -  GEORGIA BUSH argues that there is a strong case for investing in Japan as it recovers from a decade of sluggish growth GEORGIA BUSH IS JAPAN'S long-awaited comeback for real? Investors seem to think so. Signs that Japan's long-suffering economy is finally
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    • 640 55 NYT THINGS may not be so bad in the American economy right now, but they are going to get a lot worse. Who says? To look at recent surveys, you might think the question should be, who doesn't? Consumers, business leaders
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    • 738 55 Bloomberg IN MALCOLM Gladwell's bestseller Blink: The Power of Thinking Without Thinking, the author attaches great value to "thin-slicing", the powerful insights sometimes gained from first impressions. In picking a mutual fund, the opposite is true: We court trouble when we buy based on
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