The Business Times, 2 August 2006
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2006-08-02
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The Business Times
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Title Section14 2006-08-02 1 THE BUSINESS TIMES cßfifc online at http://business-times.asial .com.sg MICA (P) 099/03/2006 Wednesday, August 2,200614 words
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546 2006-08-02 1 LESLIE YEE - The biggest supplier of marine fuel in the Americas looks to Singapore By LESLIE YEE [SINGAPORE] Singapore is set for another mega listing, with marine fuel giant Chemoil Corporation set to launch an initial public offer this year. Chemoil the biggest supplier546 words
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Article133 2006-08-02 1 sn 2,445.04 (-0.39) ST INDEX FUTURES (-1.00) siMsa 290.16 (-0.15) SIMSa FUTURES 286.70 (-0.90) MARKETS Tuesday Change KLSECOMP 936.04 +0.19 NIKKEI 225 15.440.91 -15.90 HANG SENG 16,911.37 -59.97 SET INDEX 686.97 -4.52 JAKARTA COMP 1,371.69 +20.04 MANILA COMP 2,388.33 -2.51 SEOUL COMP 1,287.36 -10.46 SHENZHEN B 282.89 -2.42133 words
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549 2006-08-02 1 WEE LI-EN - Latest ruling seems to contradict an earlier judgment By WEE LI-EN [SINGAPORE! The High Court has made a landmark ruling that it can freeze local assets in aid of foreign arbitration proceedings, even before such proceedings begin. The recent judgment549 words
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Page 1 Advertisements
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Advertisement18 2006-08-02 1 BUSINESS OUTLOOK S'pore manufacturers upbeat page 3 haw cur Air Asia makes bid for KL-S'pore route page 1618 words
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Advertisement57 2006-08-02 1 CITIRAYA CASE accounts clerk f Joanna Aw page 7 i Br EXEC MONEY i tf h ii nmwvfc-t j Where is the greeribatk P rema t ure page 28 CORPORATE RESULTS Divestment gains boost UOB's Q2 earnings PAGE 4 SembMarine Q2 profit up 66% PAGE 8 TanChongHl profit up 20.2%57 words
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Advertisement183 2006-08-02 1 MOTORING Stamford Tyres eyes OEM market Iwll PAGE 15 CREDIT CARD Maybank buys Amex card, merchant business in KL PAGE 11 Turn on under our NEW International Mortgage Service Financing, refinancing* or equity release of residential properties in Great Britain, Spain, France, New Zealand, Hong Kong, CWCI Ml Mi' mm183 words
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TOP STORIES
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Article591 2006-08-02 2 Manufacturers upbeat on H2 business outlook MANUFACTURERS here remain largely optimistic about the business environment for the rest of the year, with a net 28 per cent expecting to raise headcount in the current third quarter. Most positive of all are businesses in the electronics cluster, while sentiment591 words
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629 2006-08-02 2 ARTHUR SIM - Q1 figure up 52% from 2005, but only 3% rise in members withdrawing funds By ARTHUR SIM [SINGAPORE] The amount of money withdrawn from the Central Provident Fund to pay off private home loans increased 52 per cent in the629 words
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Article, Illustration458 2006-08-02 2 GENEVIEVE CUA - By GENEVIEVE CUA [SINGAPORE] Marcel Kreis, head of ÜBS Global Wealth Management for South East Asia and the Pacific, is leaving to join Credit Suisse, in one of private banking's most high-profile moves to date. Sources believe Mr Kreis gave ÜBS458 words
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1002 2006-08-02 2 MICHELLE QUAH - By MICHELLE QUAH [SINGAPORE] The flurry of mergers and acquisitions on the local scene has created excitement and confusion among investors. OCBC Bank's recent proposed takeover of Great Eastern Holdings (GEH) is a case in point: It has led some to question1,002 words
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Article66 2006-08-02 2 IN "Buying slows down, selling remains low" (BT, July 3), we said Inter-Boller Engineering independent director Lim Hwee Chiang acquired an initial 200,000 shares in the company on March 7 at 30 cents each. Mr Lim had actually bought the shares at $1.50 each. We are sorry for the66 words
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742 2006-08-02 3 NANDE KHIN - Electronics cluster most positive while sentiment among petroleum refiners weakest: survey By NANDE KHIN [SINGAPORE] Manufacturers here remain largely optimistic about the business environment for the rest of the year, with a net 28 per cent expecting to raise headcount in the current third quarter.742 words
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Article, Illustration559 2006-08-02 3 VEN SREENIVASAN - Reports by VEN SREENIVASAN [SINGAPORE] Singapore Airlines yesterday posted a 145.1 per cent rise in net profit to $575 million for the three months to the end of June. The results, which defied high fuel prices, came on the back559 words
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Article, Illustration448 2006-08-02 3 Strong global demand for air travel offsets higher fuel costs [SINGAPORE] Singapore Airlines' (SIA) better than expected earnings results come at the heels of similarly strong numbers unveiled by other airlines in recent weeks. And as with SIA, their bottom lines were boostedPHOTOS: AFP - 448 words
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Advertisement630 2006-08-02 2 people Your search ends here. www.theDeopleatworK.com Asia Pacific Executive Search 111 ROLY INTERNATIONAL HOLDINGS LTD. 1 |V (Incorporated in Bermuda with limited liability) IBL Company Registration No. EC/***** NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 2006 annual general meeting ("AGM") of Roly International Holdings Ltd. ("Company")630 words
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Advertisement68 2006-08-02 3 "The Citigroup Private Bank" is a business of Citibank NX or Citigroup Inc., which provides its clients access to a broad array of products and services available through bank and non-bank affiliates. Not all services and products provided by all affiliates are available at all locations. For more information, contact68 words
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Advertisement144 2006-08-02 4 Sjfcjsi ■pp^lUflamrEarn a better interest rate on your savings! Hoping to earn 3%* on your savings and have the flexibility to withdraw your money at any time? Flexi-Cash from NTUC Income is a better choice: l«o- Low risk; your savings are invested in the money market m eS cfca'9® o^\144 words
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COMPANY NEWS
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673 2006-08-02 4 LESLIE YEE - Excluding one-time gain, net profit up 8.3%; bank to pay special dividend By LESLIE YEE UNITED Overseas Bank (UOB) yesterday reported a 177 per cent jump in net profit for the second quarter ended June a profit of $1.13 billion mainly due to one-time673 words
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Article, Illustration444 2006-08-02 4 R SIVANITHY - By R SIVANITHY FROM the looks of it, the Singapore Exchange's (SGX) efforts to boost its retail business are paying off between its financial years ended 2005 and 2006, the average number of retail players with stockmarket activity in any given quarter has444 words
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913 2006-08-02 4 CONRAD RAJ - HOCK LOCK SIEW By CONRAD RAJ WHAT do the unexpected resignations of Neptune Orient Lines chief David Lim and Sing Tel chief Lee Hsien Yang have in common? In my opinion, a scramble by the companies to find a successor. When913 words
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394 2006-08-02 7 UMA SHANKARI - Sale to Pacific Coast Assets at $231.1m yields net gain of $40.5m By UMA SHANKARI CAPITALAND said yesterday that it has sold its 44.6 per cent stake in Inter-Con-tinental Hotel for $231.1 million giving the property giant a net gain of $40.5 million. The394 words
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Article, Illustration404 2006-08-02 7 UMA SHANKARI - By UMA SHANKARI THE Ascott Group, which is the largest operator of serviced residences in China, said yesterday that it will buy two more properties there for $151.4 million adding another 422 units to its room count. The two properties one each in404 words
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320 2006-08-02 7 WONG WEI KONG - By WONG WEI KONG AN 11 th defendant—and the only one to claim trial has been jailed over the corruption scandal at electronic waste recycler Citiraya Industries. Accounts clerk Joanna Aw Meng Choo, 42, was sentenced to eight months imprisonment by320 words
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365 2006-08-02 7 SAMUEL EE - By SAMUEL EE TAN Chong International's net profit jumped 20.2 per cent to HK5260.6 million (Sss3 million) even as its revenue slipped 0.8 per cent to HK$3.lB billion for the six months ended June 30, 2006. Revenue for the Hong Kong-listed motor365 words
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424 2006-08-02 7 GENEVIEVE CUA - By GENEVIEVE CUA SHAREHOLDERS of Great Eastern Holdings (GEH) are being advised that they are receiving a reasonable and fair offer for their shares from OCBC, taking into account the low liquidity of the shares. This is the opinion of Morgan Stanley Dean424 words
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Article, Illustration363 2006-08-02 7 MATTHEW PHAN - By MATTHEW PHAN IN A chilly response to Mediaßing's pitch to get representation on its board. Pacific Internet (PacNet) said yesterday it will "meet and interview" MediaRing's nominated candidates executive director Koh Boon Hwee and CEO Khaw Kheng Joo. "Upon receiving the committee's recommendations,363 words
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542 2006-08-02 8 DONALD URQUHART - Earnings boosted by increase in oil rig orders and ship conversion demand By DONALD URQUHART SEMBCORP Marine, Singapore's secondlargest offshore rig-builder, posted a record second-quarter profit, up 66 per cent, thanks to increased oil rig orders and demand for ship542 words
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312 2006-08-02 8 JEAN CHUA - By JEAN CHUA HENGXIN Technology's net profit for the second quarter jumped 70.3 per cent, after it started selling new products that gave it better margins. The radio frequency (RF) coaxial cables maker said profit for the three months to June 30312 words
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Article, Illustration450 2006-08-02 8 SIOW LI SEN - Telco will post net profit growth of under 5%: analysts By SIOW LI SEN SINGAPORE Telecommunications outgoing group chief executive Lee Hsien Yang is expected tomorrow to say that profit growth for SingTel's first quarter, ended June, was driven by strong performance ofFILE PHOTO - 450 words
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201 2006-08-02 8 ZHONGGUO Powerplus Industries' income for the second quarter fell 12 per cent as gross margins slipped. But the company is revamping its products and marketing strategy and hopes this will pay off. Powerplus, which makes handheld garden and farm power tools, said net profit201 words
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237 2006-08-02 8 Bloomberg WHEELOCK Properties (Singapore) Ltd, the Singapore-based developer, agreed yesterday to sell its UK-based unit Hamptons International Holdings to Emaar Properties PJSC, for about $238.6 million, according to a statement to the Singapore Exchange. Emaar Properties, the largest publicly traded property developer inBloomberg - 237 words
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385 2006-08-02 8 ROLAND LIM - By ROLAND LIM SINGTEL subsidiary SingNet said yesterday it will provide corporate customers with local phone numbers on which they can make and receive calls over the Internet with some limitations. They will be given two or more Level 3 numbers eight-digit phone numbers385 words
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Article261 2006-08-02 8 CHINA-BASED synthetic fibre manufacturer FibreChem Technologies' net profit rose 11.4 per cent to HK$59.B million (5512.1 million) in the second quarter, boosted by two new products. Its revenue rose 14.2 per cent to HK5250.3 million. But the group's drive to expand its product range also261 words
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314 2006-08-02 8 NANDE KHIN - By NANDE KHIN JEL Corporation (Holdings) Ltd is adding luxury labels TAG Heuer, Fendi and Dior to its distribution portfolio. The company yesterday said its wholly owned subsidiary JEL Corporation (Far East) Pte Ltd has been appointed by LVMH Watch Jewellery Singapore314 words
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COMPANY BRIEFS
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74 2006-08-02 8 SEE Hup Seng Ltd has rebounded into the black, with a net profit of $1.04 million for the half-year ended June. Revenue was up 17 per cent. The company said that changes made to its board at the start of the74 words
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39 2006-08-02 8 PACIFIC Shipping Trust yesterday posted a small increase in Q2 distributable income to US$l.32 million although revenue remained unchanged at US$3.3l million. It also made an unrealised gain of US$2.2 million on derivatives.39 words
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36 2006-08-02 8 INNO-PACIFIC Holdings has reported a 33 per cent drop in first-half 2006 net profit to $275 million, despite a 78 per cent increase in turnover to $3.35 million.36 words
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35 2006-08-02 8 ASJ Holdings yesterday posted a 32.6 per cent drop in HI 2006 net profit to $1.36 million, despite a 15.6 per cent increase in revenue to $19.5 million.35 words
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42 2006-08-02 8 FIRST-HALF net profit at Meiban Group has fallen 56 per cent to $3.34 million, due to "excess capacity, sluggish demand and higher prices for raw materials". Revenue dipped 15 per cent to $208.63 million.42 words
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37 2006-08-02 8 GES has appointed CIMB-GK Securities Pte Ltd as the independent financial adviser to its independent directors for the purposes of the proposed takeover by Venture Corporation via a scheme of arrangement.37 words
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56 2006-08-02 8 WBL Corporation managing director and CEO Soh Yew Hock has resigned as CEO of Wearnes International (1994), effective yesterday. WBL said that Mr Soh will continue as an executive director of Wearnes and will focus on developing Wearnes' water treatment business56 words
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28 2006-08-02 8 CHINA Food Industries yesterday warned that it would report a pre-tax loss for the half-year ended June, citing difficult trading conditions.28 words
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64 2006-08-02 8 JK Yarning yesterday warned that it expects to make a loss for the first half of the year ended June, due to higher prices of raw materials, a decrease in the sale to a key customer, and legal fess in relation to a64 words
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30 2006-08-02 8 MULTIVISION Intelligent Surveillance yesterday warned of substantially weaker performance for the first quarter ended June, due to a change in business focus and higher expenses.30 words
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37 2006-08-02 8 ARMARDA Group yesterday warned of lower profits for the second quarter ended June, due to lower sales, namely from tier one banks. It is expected to unveil its results in mid-August.37 words
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45 2006-08-02 8 FRONTLINE Tech Corp has bought back one million of its own shares on the open market at 12.5 cents each, or a total of about $125,000. The shares, acquired on July 28, will be held as treasury shares.45 words
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Article50 2006-08-02 8 GLOBAL supply chain manager Noble Group has agreed to buy Oxyde Chemicals BV for about 11 million euros (Ss22 million) from Petroplus International BV. The final price is subject to change, depending on the fulfilment of certain conditions and the audited financial statements.50 words
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41 2006-08-02 8 EASYKNIT International said trading of its shares on the Singapore Exchange will be suspended after Aug 18. The company, which is also listed in Hong Kong, will be delisted in Singapore on Aug 28.41 words
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Advertisement219 2006-08-02 5 h Ha, msk B M I B*, i^hA- i wKKM f I < HB lift H 1 J| j^b v BP V JB v m.,Jv y Kfe| Ifc" B ffßWfc- I HII I jB Winng the prestigious Chef RAS 2006 Competition fno mefn feat for tfie culinary team from Grand219 words
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SINGAPORE MARKETS
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Article, Illustration834 2006-08-02 6 LARRY WEE - CURRENCIES Shallow and brief corrections will underline the danger further out LARRY WEE Senior Correspondent IT WAS one of those horrible weeks in which nothing seemed to go right for the US dollar, and sentiment has now soured so badly that a countertrend834 words
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Article, Illustration1025 2006-08-02 6 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Aug 1 and earlier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ Buy/ Shares Per Before After Stock Date Director SeB 000 Shr fOOO) fOOB) Global Testing 1-Aug-06 Paul Yang Buy 1000 0.26 0 0.00 1000 0.10 Vita Hldgs 1-Aug-06 Chong Thim1,025 words
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Article282 2006-08-02 6 UMA SHANKARI - Compiled by UMA SHANKARI Celestial Nutrifoods Augiul 1 dose: $1-58 MERRILL LYNCH. July 31 WE INITIATE coverage on Celestial with a "buy" and a price objective (PO) of $2.22. With rising demand for soybean products in China, we forecast earnings CAGR of 25 per cent for FYO6-08E with282 words
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Article, Illustration432 2006-08-02 6 TEH HOOI LING - STOCKS TEH HOOI LING Senior Correspondent WILL the US Federal Reserve end its two-year-old rate hike policy? How much will the US economy slow down and at what impact to corporate earnings? Will the fighting in the Middle East spread and at what cost432 words
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Article, Illustration152 2006-08-02 6 YEO KEE YAN - CHART POINT By YEO KEE YAN, chartist at Kelive Research THE Straits Times Index (STI) continued to move higher last week on diminished inflation fears. A good crop of corporate earnings from blue chips also helped buoy the index. From 2,402, the indexSource: KElive - 152 words
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Advertisement306 2006-08-02 7 Proudly sponsored O.CCH a Wolters Kluwer Michael Page INTERNATIONAL National Australia Bank dj3&£ Session 1: Accounting In Harmony GUEST OF HONOUR It has been over a year since Singapore jjjj B Jjj™ f Hua adopted 20 new accounting standards. In JJ!" ®T J™ Minktn/ nf Trftnisnort c innannrA this session,306 words
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SINGAPORE NEWS
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457 2006-08-02 9 SAMUEL EE - By SAMUEL EE THE Land Transport Authority's (LTA) relaxing of the rules governing private hire cars will give car rental companies more freedom to buy and sell vehicles, but it is not expected to bring down rates and costs by much.457 words
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313 2006-08-02 9 TRUST youths to be stubbornly contrarian, especially when it comes to part-time jobs. In the second national youth survey, whose preliminary findings were released yesterday, 83 per cent of the respondents said part-time work had had a positive influence on their lives, up313 words
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230 2006-08-02 9 THE Global Brand Forum is touted as the "Davos of Branding". This is no mere hyperbole. While the World Economic Forum at Davos, Switzerland is attended by international business leaders and politicians, the Global Brand Forum brings together some of the biggest names230 words
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SINGAPORE ROUNDUP
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84 2006-08-02 9 NELLIE Tan, 61, general manager of Mount Elizabeth Hospital, has become the first nurse to be appointed chairman of the Singapore Nursing Board by the Ministry of Health. Historically, the SNB chairman has been the director of Medical Services. Ms Tan, who84 words
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91 2006-08-02 9 MINISTER for Transport and Second Minister for Foreign Affairs Raymond Lim is making a working visit today and tomorrow to Jakarta. He will call on various Indonesian leaders including Minister of Transport Hatta Rajasa, State Minister for State Enterprises Sugiharto and Minister of91 words
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126 2006-08-02 9 SMRT Corp and SBS Transit have applied for a hike in bus and train fares to offset higher fuel cost. Under the Public Transport Council's formula, the maximum fare adjustment allowed this year is 1.7 per cent. If approved, this means SMRT can126 words
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89 2006-08-02 9 A RECORD number of nine Singaporean productions or co-productions will be featured at the Locarno International Film Festival. They include two funded by the Media Development Authority and the Singapore Film Commission. Two of the nine films will be screened in competition at89 words
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Article87 2006-08-02 9 THE Whampoa market and food centre has been slated for a $10 million make-over under the National Environment Agency's hawker centres upgrading programme. The layout of the hawker stalls is being improved and the linkways will be reconfigured. Upgrading work at the popular 30-year-old food87 words
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Article, Illustration426 2006-08-02 9 ROLAND LIM - Over next 5 years, it will build new facility, hire more staff By ROLAND LIM TOP fabless semiconductor manufacturer Marvell Technology Group will invest $100 million over the next five years to expand its operations in Singapore, including the building of a426 words
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Article, Illustration408 2006-08-02 9 MATTHEW PHAN - Passenger traffic at Changi up 9.1 in 1H06 By MATTHEW PHAN CHANGI Airport registered a 9.1 per cent growth in passenger movement in the first half of the year, with over 16.8 million people passing through the airport between January and June, the Civil Aviation Authority of Singapore (CAAS) said408 words
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Advertisement134 2006-08-02 9 Hi wvvw tr» r [71 to conjunction wRh China's leading exhitetion for the air cargo industry 1 9" 22 September 2006 IOCIISUVhinQ Shanghai New International Expo Centre V, i; 1 The meeting point for logistics, telematics and transportation An international gathering of decision-makers from A platform to find new business134 words
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ECONOMY WATCH
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Article, Illustration902 2006-08-02 10 Analysts say any gains in the yuan would benefit other Asian currencies Bloomberg [SINGAPORE] Investors seeking to bet on faster gains in the Chinese yuan should buy the Malaysian ringgit and Singapore dollar, according to investors and strategists atBloomberg; BLOOMBERG - 902 words
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Article, Illustration871 2006-08-02 10 Reuters [NEW YORK] US senators are once again cranking up talk of tariffs on Chinese imports and this time it's making currency traders nervous. In addition to stemming the stream of cheap Chinese goods that have helped keep a lid on US inflation,Reuters - 871 words
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604 2006-08-02 10 Reuters [TOKYO] Land prices in Japan rose for the first time in 14 years in 2005, a sign of an end to persistent declines in asset prices that have dragged down the economy since the burst of the "bubble economy" inReuters - 604 words
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Advertisement1052 2006-08-02 10 IN THE MATTER OF yv. w_u ni THE COMPANIES ACT, CHAPTER 50 AZEUS SYSTEMS HOLDINGS LTD. AND (Registration No. *****) The t ompMjtaiAct, Cap 50 IN THE MATTER OF (Incorporated in Bermuda) i„ th» Matter or CH,^^^ ONAI M TEcraraSraSusEs ,r Notict of Books g—re PTE ltd I Co. Rag.1,052 words
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MALAYSIA/INDONESIA
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471 2006-08-02 11 Rizal Risjad said to have boosted stake in Berau to 90% from over 9% Reuters [SINGAPORE] Indonesian businessman Rizal Risjad has taken over PT Berau Coal, the country's fourthlargest coal company, in the largest private buyout of an unlisted company in SoutheastReuters - 471 words
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335 2006-08-02 11 PAULINE NG - RM80m deal takes bank's share of market to 25% By PAULINE NG in Kuala Lumpur MALAYAN Banking has bought the charge card and merchant acquiring businesses of American Express in Malaysia for RMBO million (Ss3s million). The deal will add 300,000 Amex cardholders to335 words
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Article2253 2006-08-02 11 vol General Coip .0.62 unch 72 A>g1 RM W- fOOO) Gerrtmg -2535 035 1074 George Kent .0.50 0.02 52 AAMRealty 1.50 unch 5 GHLSystems 032 -0.01 1555 Abric .0.33 unch 28 GlobetronicsTach .030 -0.01 1757 ACP Industries 337 -0.02 102 GlomxBhd... 1.19 unch 24 Advance Synergy .0.19 -0.012,253 words
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BRIEFLY ASIA
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91 2006-08-02 11 Bloomberg [NEW DELHI] India is continuing talks with Iran to buy liquefied natural gas for 25 years beginning end-2009, as the government seeks to restart power plants lying idle because of lack of fuel. The Iranian authorities are waiting for in-house clearances,Bloomberg - 91 words
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Article96 2006-08-02 11 Reuters [TAIPEI] Taiwan plans to relax restrictions on currency exchanges with China when it allows more Chinese tourists to visit, which could happen as early as October, the island's top China policy maker said yesterday. Chinese tourists on Taiwan's main island should be ableReuters - 96 words
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83 2006-08-02 11 Reuters [JAKARTA] Indonesia's No 2 lender, PT Bank Central Asia Tbk, said yesterday preliminary data showed its first-half net profit rose nearly 16 per cent but warned high interest rates were stunting demand for new loans. A bank director said he expectedReuters - 83 words
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69 2006-08-02 11 Reuters [SHANGHAI] Fuyao Group Glass Industries Co Ltd, China's biggest auto glass maker, is set to bid for North American glass-making assets of Ford Motor Co, industry sources said. Automotive Components Holdings LLC, a parts subsidiary of Ford, is discussing the saleReuters - 69 words
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266 2006-08-02 11 Reuters [KUALA LUMPUR] Malaysia is unlikely to conclude talks with independent power producers aimed at cutting state spending on reserve electricity anytime soon, a government minister said yesterday. Earlier this year, Malaysia said it will hold talks with independent producers including Malakoff BhdReuters - 266 words
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215 2006-08-02 11 Bloomberg [JAKARTA] PT Telekomunikasi Selular, the mobilephone unit of Indonesia's biggest telephone company, raised its annual sales growth forecast to 35 per cent, as it signs up new users at a faster pace than expected. Telkomsel, as the company is known, hadBloomberg - 215 words
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397 2006-08-02 11 Reuters [JAKARTA] BP Pic and its partners have signed deals on around US$2.6 billion worth of loans to finance the Tangguh liquefied natural gas (LNG) project in Indonesia, the firm said yesterday. Separately, Indonesia's energy minister said the government hadReuters - 397 words
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Article, Illustration402 2006-08-02 11 Reuters [KUALA LUMPUR] Malaysia could award its first WiMax wireless broadband licence as early as October, it said yesterday, striving to bump up Internet transfer speeds and keep up with its more technology-savvy Asian neighbours. Malaysia is lagging far behind AsianReuters - 402 words
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INDIA
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610 2006-08-02 12 SIDDHARTH SRIVASTAVA - Legislation under discussion to empower agencies to refuse FDI on security grounds By SIDDHARTH SRIVASTAVA in New Delhi THE reverberations of the Mumbai blasts have resulted in a security overdrive at various locations, including airports and railway stations. One more arena that610 words
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Article, Illustration696 2006-08-02 12 Reuters [HONG KONG] India's banks are starting to open their doors to developers but remain wary about the risks of a fast-growing but young property market, making loans expensive and difficult to come by. India eased rules on inward investment in theReuters; AFP - 696 words
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Article165 2006-08-02 12 Bloomberg [NEW DELHI] Mphasis BFL Ltd, the Indian unit of Electronic Data Systems Corp, said first-quarter profit more than halved because of higher employee costs and slowing sales growth coinciding with the parent's offer to buy more stock. Net income at Mphasis, including units, declined toBloomberg - 165 words
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415 2006-08-02 12 Move comes as banks and government departments boost spending on technology Reuters [BANGALORE] India's export-focused software services companies are eyeing outsourcing deals on their home turf as banks and government departments step up spending on technology to cut costs and improve their efficiency.Reuters - 415 words
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170 2006-08-02 12 AFP [KOLKATA, India] The Marxist government in India's West Bengal state has inked a multi-billion dollar deal with a private conglomerate including the Indonesia-based Salim group to develop huge industrial parks, an official said yesterday. The deal, valued at an estimated 400AFP - 170 words
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Advertisement74 2006-08-02 12 n??n 11w* Over 500 Locations II Ask us about Corporate, Individual or Group Instruction. I I Calßerftz t0day6733*7472 or visit wwwJ)ei§lz.oomsg I RoadW&C3/04WheekxkPlaceSingapofB*****0 rTuckshoo with Marilyn Lee 10am 2pm Mon Fri HDEEEK^HEHHI^HHH I ft I Lianhe Zaobao I Macro-control I I luxury I I homes I I in China I74 words
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GREATER CHINA
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538 2006-08-02 13 Investors' lukewarm response sees company's shares rise a modest 12% Reuters, Xinhua [SHANGHAI] Shares in China's Daqin Railway Co Ltd rose 12 per cent on their first day of trading yesterday, a far more muted debut than other recent newcomers, suggestingReuters,; Xinhua - 538 words
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673 2006-08-02 13 NEWS ANALYSIS 100b yuan of fresh equity would boost investor confidence Reuters [SHANGHAl] Famine is turning to feast for mainland Chinese investors looking for banking stocks, as a government policy shift promises to double the number of domestically listed banks toReuters - 673 words
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Article, Illustration73 2006-08-02 13 [LUODI, Hunan province] The latest fad to hit China's tourism sector proves to be a winner as revellers have a ball in the giant bubble ride on a lake here. The industry raked in US$96 billion from a whopping 120 million visitors last year, and is expected toAFP - 73 words
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526 2006-08-02 13 Reuters [HONG KONG] Lenovo Group Ltd is expected to post its second straight quarterly loss as the world's third-largest PC maker struggles to turn around the loss-making business it bought from IBM. But some analysts continue to hold out hope for improvement over theReuters - 526 words
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Article304 2006-08-02 13 Bloomberg [SHANGHAI] China Vanke Co, the nation's biggest listed developer, said first-half profit rose 59 per cent as higher incomes and economic growth drove up demand for apartments and offices. Net income climbed to 1.27 billion yuan (*****.8 million), or 0.33 yuan a share, fromBloomberg - 304 words
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279 2006-08-02 13 Bloomberg [SHANGHAI] China's biggest brokerages yesterday could start applying for regulatory approval to lend money and shares to customers, paving the way for them to offer margin financing and short-selling for the first time on the nation's stock exchanges. Brokerages with netBloomberg - 279 words
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Article362 2006-08-02 13 More HK property trust IPOs to return if US rates hold Bloomberg [HONG KONG] Shui On Construction and Materials Ltd, a Hong Kong building contractor controlled by businessman Vincent Lo, said it reapplied to the Hong Kong stock exchange to sell shares in itsBloomberg - 362 words
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Advertisement120 2006-08-02 13 Jf HOWARDS mVSTORAGE WORLD' FRANCHISE OPPORTUNITIES AVAILABLE IN SINGAPORE Howards Storage World* is a speciality retailer selling all forms of storage and organizational products for the home and office. Our Singapore flagship store was opened in Parkway Parade in January 2005. If you understand the need for customer service, and120 words
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ASIA-PACIFIC/WORLD
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513 2006-08-02 14 It doubles cash outlay, pares stock portion to thwart rival offer Bloomberg [LONDON] Teck Cominco Ltd, the world's largest zinc producer, has increased its hostile bid for nickel miner Inco Ltd by 12 per cent to $bout US$l4.7 billion to thwart a competingBloomberg - 513 words
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258 2006-08-02 14 AFP [LONDON] Deutsche Bank, Germany's largest bank, was yesterday forced to pay a London-based worker £800,000 (552.36 million) in damages following a "relentless campaign" of bullying. The employee, Helen Green, 36, who worked in the company's secretariat division between October 1997 and October 2001, saidAFP - 258 words
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Article, Illustration523 2006-08-02 14 AFP, Reuters [HAVANA] Cuban President Fidel Castro, Latin America's sole surviving Communist strongman, ceded power late on Monday to his brother Raul on a temporary basis for the first time in 47 years, after undergoing what he called delicate intestinal surgery. The ageing but still-fieryAFP, Reuters; AP - 523 words
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258 2006-08-02 14 AP [TOKYO] Japan Postal Corp on Monday unveiled a 10year privatisation roadmap that will create the world's biggest bank, officials said. Privatising Japan's sprawling postal service, which also runs banking and insurance services, has been a centrepiece of Prime Minister Junichiro Koizumi's reformAP - 258 words
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212 2006-08-02 14 CLARENCE MICHAEL - From CLARENCE MICHAEL in Dubai THE Dubai Multi Commodities Centre (DMCC), operator of the Middle East's only derivative exchange the Dubai Gold and Commodities Exchange (DGCX) is looking at launching gasoline futures contracts. The move would extend the exchange's current energy portfolio, which includes212 words
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Article, Illustration77 2006-08-02 14 [LONDON] Runny whites or over-cooked yolks may soon be a problem of the past with this nifty new invention from Lion Quality Eggs. Eggs come stamped with a thermochromic logo made from invisible ink, which becomes visible when the egg is cooked. The logos will be adaptedAP - 77 words
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WORLD WATCH
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Article146 2006-08-02 14 Reuters. AP. AFP [WASHINGTON] Core US consumer prices rose 0.2 per cent in June, continuing a steady march that has taken the year-on-year rate of nonfood, nonenergy inflation to 2.4 per cent, its highest since September 2002, the US Commerce Department said yesterday.Reuters.; AP.; AFP - 146 words
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Article74 2006-08-02 14 Bloomberg [NEW YORK] Verizon Communications Inc, the No 2 US telephone company, said second-quarter profit fell 24 per cent as customers switched to new providers such as cable TV company Comcast Corp. Net income declined to US$l.6l billion, or 55 US cents a share fromBloomberg - 74 words
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71 2006-08-02 14 Bloomberg [NEW YORK] Eastman Kodak Co, the world's largest photography company, posted its seventh straight loss as the company cut jobs and closed plants, and announced plans to shed its digital camera manufacturing operations. The second-quarter loss widened to US$2B2 million, or 98 US centsBloomberg - 71 words
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Article99 2006-08-02 14 Bloomberg [LONDON] Euronext.liffe, Europe's second-largest derivatives exchange, said it has signed a licensing agreement with India's Multi Commodity Exchange, which means MCE will use the European exchange's futures prices. The agreement, effective immediately, means MCE can list local futures contracts for Robusta coffee and white sugarBloomberg - 99 words
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Article99 2006-08-02 14 AFP [FRANKFURT] Deutsche Bank fell short of expectations yesterday despite a 29-per cent quarterly rise in net profit on strong profit growth in its investment banking and asset management operations. Trading revenue was 1.71 billion euros (553.4 billion) from 1.59 billion euros in the corresponding period inAFP - 99 words
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Page 14 Advertisements
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Advertisement48 2006-08-02 14 J Pioneer of Jr Contemporary Chinese Cuisine EAuisite Dim St}m Lunch anw)inner Tasting Menus Reservations: 6834 0660 ib&, *KA] IBM CLUBCHINOIS Orchard Parade Hotel Level 2 Singapore Tatler Best Restaurants Hall of Fame Awards 2006 Gourmet Hunt 2005 Gold Award Wine Dine Top Restaurants Tung Lok Group www.tunglok.com48 words
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MOTORING
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Article, Illustration532 2006-08-02 15 SAMUEL EE - By SAMUEL EE MORE Skoda cabs will ply the roads in Singapore from tomorrow when Premier Taxis launches its Silver Arrow premium service. Premier is initially introducing 38 units of the Skoda Superb model, which is made in the Czech Republic532 words
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Article, Illustration614 2006-08-02 15 SAMUEL EE - Extra capacity to continue to cater to after-market segment, besides Thai carmakers By SAMUEL EE STAMFORD Tyres' decision to invest $15 million this year on a second alloy wheel plant means it will be able to meet rising demand for after-mar-ket614 words
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Page 15 Advertisements
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Advertisement202 2006-08-02 15 i CATS Recruit I The first door to fl I your world of opportunities J L l| WATS l -~mjT RECRUIT O Diners Club Card r.«„jw«ff64i6 0980 A World of Exclusive Privileges Treats Diners Club J| RAMA 81 BIA Tbnjong Jtogar Rose 6222 6626 Exclusively for Diners Club Cardmembers: 6202 words
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Advertisement104 2006-08-02 15 MARINA BISTRO a When Irish Eyes Are Smiling From the Emerald Isle comes these Irish recipes of braised lamb shank in white wine, charbroiled salmon fillet with colcannon and creamy dill sauce, sauteed chicken fillet with pickled onions, leeks and boiled potato and ulster fry (essentially a typical breakfast of104 words
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AVIATION
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Article, Illustration664 2006-08-02 16 YEN SREENIVASAN - Route is currently served by MAS and SIA almost as a duopoly By YEN SREENIVASAN [SINGAPORE] Flights from Changi to Kuala Lumpur at $9.99? That could happen if Air Asia is successful in its bid to get into the route. The Malaysian budgetAP - 664 words
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LOG BOOK
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81 2006-08-02 16 Bloomberg [LONDON] British Airways pic (BA), Europe's third-largest airline, said the carrier will start a new route between London City Airport and Madrid and increase frequencies on other routes as it faces increased competition from low-cost airlines. BA Connect, the carrier's regional business, willBloomberg - 81 words
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79 2006-08-02 16 AFP [WASHINGTON] Northwest Airlines flight attendants on Monday rejected their second tentative pay and benefit agreement with the bankrupt company that would have allowed it to save US$l95 million. The flight attendants voted to reject the agreement by a 3,266 to 2,637 margin. "Our members haveAFP - 79 words
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86 2006-08-02 16 AFP [CHICAGO] United Airlines, which emerged from bankruptcy protection in February, announced on Monday a stronger-than-expected swing back to the black in the second quarter. UAL Corp, United's parent group, said the airline booked a net profit of US$ll9 million during the quarter endedAFP - 86 words
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Article, Illustration660 2006-08-02 16 More passengers, higher ticket prices boost its figures Bloomberg [LONDON] Ryanair Holdings pic, Europe's largest discount airline, reported first-quarter profit rose 66 per cent on increased passenger numbers and higher ticket prices. The airline said it was "cautious" about full-year earnings.Bloomberg - 660 words
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Article2191 2006-08-02 16 CITY FU6HT ETA FLKNT ETD SQ407 0715 K360 0925 AI480 0740 AI4»1 1625 Aba Dhabi S0456 1300 K359 0805 SQjS8_J455 aSUST LH9771 1750 LH9770 2345 SQ141 1145 SQ142 0935 aa 13 SiS is ssst Of137 1805 SQ148 1900 0630 2255 U7 2235 Q" 44 1915 A*****2,191 words
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Page 16 Advertisements
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Advertisement219 2006-08-02 16 BT/ZUJI Deals of the Week BHBEaifIHaBBKSK^H i, it —i^TffWTf^MWT* BUSINESS CLASS (from ECONOMY CLASS {from S) HOTEL (from Paris $2,899 $830 $91 f Thai Airways Rnnair I I OSawnONS BUSINESS CLASS from KOMOMY CLASS (fare S) HOTEL (from S) WEATHER Manila $710 (Philippine Airlines) $310 (Philippine Airlines) $99 4% Rain219 words
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Page 16 Miscellaneous
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Miscellaneous196 2006-08-02 16 CRYPTIC CROSSWORD 19 One new nurse is mean (6) leg Zj|||^Z (9) LJbJLMJI^ 2 Thatcher's rival for top job? (5) honest (9) Across: 1 Naturist, 5 Redrum, 9 3 Turner, perhaps, seeing a fea- 17 Sweet stuff's second with Doorstep, 10 Result, 12 Supper, 13 ture in fog (9) girls196 words
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SHIPPING
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Article, Illustration586 2006-08-02 17 DONALD URQUHART - Shipping council says its move is counterproductive to ISO efforts By DONALD URQUHART [SINGAPORE] Global container shipping lines have unleashed a stinging rebuke of General Electric and its partners who they claim are seeking to bypass efforts at creating a global standardGE SECURITY - 586 words
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282 2006-08-02 17 Bloomberg [LONDON] Wilh Wilhelmsen ASA, half-owner of the world's biggest operator of ships carrying vehicles, said second-quarter profit fell almost 39 per cent on rising wage and fuel costs. Net income dropped to US$36 million, or 74 US cents a share, in the threemonthBloomberg - 282 words
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Article964 2006-08-02 17 DAVID HUGHES - STRAIT TALK By DAVID HUGHES TONNAGES of ships are complicated things. Journalists in the general press almost always get them wrong. Even the specialist press has its lapses when it comes to the correct use of gross tonnage. Last week Lloyd's List managed to964 words
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243 2006-08-02 17 Bloomberg [SINGAPORE] Hapag-Lloyd AG, Evergreen Marine Corp and nine other shipping lines plan to increase the rate on transporting wastepaper to Asia from the United States as fuel and maintenance costs rise. The 11-member West Transpacific Stabilisation Agreement plans to raise the rateBloomberg - 243 words
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Article, Illustration383 2006-08-02 17 Minister slams overly negative perceptions of Malacca Strait AFP [KUALA LUMPUR] Listing the Malacca Strait as one of the world's most dangerous waterways will affect the economies of nations it borders and is unjustified, top Malaysian officials said yesterday Malaysia's Transport Minister ChanAFP - 383 words
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163 2006-08-02 17 Bloomberg [LONDON] A member of the recovery team sent to assist a Mitsui OSK cargo ship that foundered off Alaska was killed during a fall, Mitsui said. The man died from injuries suffered when he fell onto the ship's deckBloomberg - 163 words
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Article277 2006-08-02 17 sex Aug 1 St Vol CH Offshore -036 0.01 89 ChuanHi*....- .033 0.01 2046 Cosco Corporation 1.50 -0.03 ***** CWT Distribution 0.63 -0.01 78 tnaHldos ..2.51 0.01 496 Fre«M Links .0.06 unch 28 Grand Banks Yacht.... .0.92 unch 18 Jaya Holdings 1.32 -004 2062 K1 Venture .0.37 001277 words
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Advertisement19 2006-08-02 17 International Ship Classification JNTEGMTYSERVIC "\£r pvainmrrrJaa Keeping you ISCIOSS at the forefront of maritime safety, security and environmental protection19 words
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EDITORIAL & OPINION
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Article517 2006-08-02 18 EDITORIAL THE latest jobs figures on the surface at least have broken the trend of improving employment rates in Singapore. According to preliminary official figures released on Monday, the jobless rate in Singapore rose to 2.9 per cent in June. This came as a surprise. Analysts517 words
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Article, Illustration786 2006-08-02 18 SHADA ISLAM - THE BOTTOM LINE SHADA ISLAM Brussels Correspondent PREPARE for an autumn of transatlantic discord. Three years after they parted ways over the United States-led war against Iraq, policy-makers in Washington and major European capitals appear headed for more strain and acrimony over the786 words
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Article, Illustration1726 2006-08-02 19 STEPHEN ROACH - The odds seem to be in favour of more orderly adjustments in the US and global economy By STEPHEN ROACH THE modern-day US economy has just gone through its most extraordinary period of wealth creation on record. First equities, then housing over theBLOOMBERG; Source: Federal Reserve Morgan Stanley Research - 1,726 words
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295 2006-08-02 19 Yap Sivee Hoo Singapore - Improve hygiene —phase out Grade C hawkers Yap Sivee Hoo Singapore I APPLAUD the Healthier Hawker Food Programme, jointly initiated by the Health Promotion Board (HPB) and the National Environment Agency (NEA), which was launched by the Minister for Health Khaw Boon Wan on July 20. With more Singaporeans eating295 words
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Article, Illustration1121 2006-08-02 18 JAYAN JOSE THOMAS - Fresh trade routes and an FTA are set to boost trade among South Asian nations By JAYAN JOSE THOMAS THREE events in early July 2006 could possibly herald the beginning of a new era of economic cooperation between China, India and the rest ofAFP - 1,121 words
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700 2006-08-02 19 EUGENE LINDEN - Wacky weather —or the harbinger of apocalypse? By EUGENE LINDEN LAT-WP I'VE written a good deal about global warming over the years, but like most people, I still have a hard time envisioning how we will know when the apocalypse arrives. Nobody will ring a bell to announce that aLAT-WP - 700 words
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276 2006-08-02 19 Yeo Lian Sim - LETTERS TO THE EDITOR Yeo Lian Sim Executive Vice-President, Risk Management Regulation Group. Singapore Exchange WE REFER to Mr R Sivanithy's article entitled "GEH delisting Listing Manual shouldn't apply" (BT, July 26). SGX ST Listing Rule 724 states that the Exchange may suspend276 words
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Article10751 2006-08-02 20 SGX MAINBOARD Transaction date: Aug 1 l»t Voi Day Lact Quota GrDtv Mr GrYM Nat MCap High Low Coda Company Salt *1- C000) High Low »uyr Sa«ar Cvr W Ml 4 1 5716 in Software 5t 2 -OS 10 2 2 2 2.5 11 Ji ,5 ?i2 L10,751 words
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Advertisement45 2006-08-02 20 Le maitre de I'horlogerie depuis 1875 f I M pE^—Available Espace Boutique MManla Wafc W: *****728 Paragon Tel: 6235 0084 Rißn City *M: 8338 8185 '^SPI 1 Soto Distributor Service Centre AUDEMARS PIQUET (SINGAPORE) PRIVATE LIMITED Tel; 6238 8678 Fax: 8238 0678 Internet: http:M»rww audemarepl9uat.com45 words
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Article6104 2006-08-02 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES to tool okt In M to USS %4y *yr yr *<1* *yr Ail Iraton Chanjt Omm Chang* Chug* Chug* Chang* Wartdlndw Cutaway 9914 -Oil 23 43 QJO -0.1 5.5 t EAft Preliminary 999l3 -Oil 2-7 -02 3.8 00 93 EwgNWgl ***** -0l4 436,104 words
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Advertisement1744 2006-08-02 22 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination AFRICAN UON RDM/ATW/BMN/TLB/NAN SEAFRIEND CAM/NFK/SAV/NOL EVGENIA RDM/ATW/BMN AlB/NAN Loads Singapore, E./W. Malaysia, Indonesia A Loads E./W. Malaysia, Indonesia MIPPLE EAST SERVICE F.E./S.E.A. SERVICE Destination PAN BRIGHT DBI/ABU/DOH/BRN/DMM/KWT Destination VOYAGER V DBI/ABU/DOH/BRN/DMM/KWT WIN HONEY INC/BSN GLOBAL MOKPO DBI/ABU/DOH/BRN/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads1,744 words
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Advertisement573 2006-08-02 22 ItNTHIAtIA ROUP SERVICE vßsa/voT »Mrom manwi m km m aw jkt STUITSVB(TUK 14/06 IS 3.2 04/00 06/08 10/01 13/ M IS/01 STttllSVßmiK IS/06 IS 3.2 17/00 20/00 26/08 71/01 31/01 |smmyBITUBI6/06 IS I 3? 01/W [AUSTRALIAN RORO SERVICE 1 vßsa/vor imxKD "«SWTW>[ ia |s« MB STP m mm *t Ism573 words
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Advertisement1482 2006-08-02 23 WAN HAI INTERNATIONAL PTE LTD NO: **********0/1 IrrrA ...AM .i.p#. TH:*****588 (14LINES) FAX:*****163 V\\M WAN lIAI I INF\ O«l^SBr*/lNli»^ll»-{1808>4nHI00 V 11 Vf f Mil lIMI UIILJ PU 1H: (03) 334 MM MJb (03) *****2 M Wl IE: (04) *****00 MX: |04)2796W9 V JOHUL (07)*****23 nut (07)2511*21 SUIIH;(O3I)32W47SNUt (031)32*2714/32*1305 urww wflikai1,482 words
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Advertisement1114 2006-08-02 23 |-|n EASTERN CAR LINER, LTD ll 1 I SPECIALIZE IN RORO 8. HEAVY LIFT UPTO 450 TOWS INTRA-ASIA SERVICE VOY Ra* UNhg SIN TTT j PKUN) T%IM) MM JKT lO MUA SW MMI ITU SILVER RIVCT 3 30~ 1770T ~MW~ 11/ M 12/06 MERUOW ACE ~IT~ 30 01/ M ~M75r1,114 words
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Advertisement884 2006-08-02 23 m ssasv WEEKLY EXPRESS SAIUNG SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICQ POINTS vissa vot |sm pjqamg aumo ilsheva colomoo KQU mm YPMO4I 01 AUG 02 AUG 05 AUG 08 AUG '12 AUG HOWUH MID6E 0054W 09 AUG 10 AUG 13 AUG 16 AUG 20 AUG KOTA PttWIU884 words
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Advertisement731 2006-08-02 24 HNordana (Asia) Pie Lid KEEESSZ NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISIANPS DATES ARE ARRIVAL DATES v R Stl VOY Siwawri Power I Fre—tle Cocwlilwd I (bbfoslriwd PasirGxfawo bhnjhßfm H liM 1 27 Jul 31 Jul 09 Aw 12Aua 2LA«g bMEaaa !£4flZ 22M X filia otsm731 words
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Advertisement548 2006-08-02 24 1= Sfe— -®sn ffi Ststfp =B==lF=«= nm =sH==sl==lf= I a»»i jgrg mm urn uuumi wu nm wvm H MOUMT HB3JJ ***** JS7H ffi&gT ffli 0476S sso« ijij _i i .ij. Sr^ iHwawmymT m asm m 12/w 1 {fIPJjSBf I£■ I l!fl{8 II Sflß I gflß 1 lU»OSOE»P___|2W lt/Q»J_-ll_l It >01548 words
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Advertisement163 2006-08-02 24 |ii^Wf||f(^M|LiJ HBB||HTOfl(s!tY 409N 01-03/08 08-10/08 IS-16/M| ■PPIPI TIGER ISUMD 409S 07-03/01 FOR DISCHARGING ONLY I HUNmSHII TIGER PEAJtL 410N 06-07/01 11-13/08 19 20 08 Ifffll"""' 4111 08-09/08 15-17/08 22-23/081 ■■■■■TIGa SHARK 412N 12-11/08 18-20/08 26-27/08 ***** 15-11/08 22-24/01 29-30/08 wTTyTTTTWiitlruyßini o?i 03-03/08 10-ir/os 20-21/oa w ■fyfpffiyw TIGER CUff 032N 07-08/08163 words
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Advertisement516 2006-08-02 24 CONVENTIONAL SERVICE LOADING FOR LOADING FOR LOADING FOR CHENNAI COLOMBO MUMBAI 4 AUG 12 AUG 14 AUG LOADING FR VIETNAM BTH AUGUST rii I ¥ORY^V.i7T I ON~ B Qu7I I( SINO 1970 I OWNS A OPERATES THE YOUNGEST FLEET I WITH FOURTEEN 7,000 DWT TWEEN DECKERS I COVERING THE ENTIRE516 words
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THE BUSINESS TIMES SHIPPING TIMES
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6747 2006-08-02 25 This ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Desfa Mam Name Number Number SM Desfn Name Name Number Number To FREMANTLE (FRE) 2130 Australia To ABIDJAN (ABJ) 2003 Cote D'lvoire 18W8 princess mary PM607 *****907 09/08 16/09 China6,747 words
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executive Money
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Article, Illustration879 2006-08-02 26 GENEVIEVE CUA - Medical insurance scheme is set to put pressure on Prudential and Great Eastern to follow suit, reports GENEVIEVE CUA GENEVIEVE CUA MEDICAL cover under the CPF umbrella is set to change dramatically. AIA is gearing up to launch its version of "as charged"FILE PHOTO - 879 words
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Article5920 2006-08-02 26 UNIT TRUSTS FUNDS ACMGI Amer Income BT USD 8.48/ ACMGI Amer Income A USD 8.47/ ACMGI Amer Income B USD 8.47/ AM Amro Asset Mgt (S per*) ACMGI Amer Income A EUR 6.64/ Star E urope Eqtyf 0.93# ACMGI Amer Income B EUR 664/ Star Europe Bond 7« ACMGI Eirop5,920 words
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Article, Illustration694 2006-08-02 27 RAY BARROS - Classical economic theory would only provide part of the answer By RAY BARROS WHERE is the US dollar going? To answer the question, we need to take a quick tour of classical economic theory and augment that with a view from technical analysts. Classical theorySource: Economic Cycle Research Institute; Source: Ray Barros - 694 words
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Article, Illustration1321 2006-08-02 28 LIM SAY BOON - MONEY MATTERS Concerns about slowing global economy and the Fed overshooting on rate hikes are fast receding LIM SAY BOON AFTER some three difficult months, investors appear about ready to throw in the towel sell out of both stocks and bonds and head for cash.Source: Bloomberg - 1,321 words
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Advertisement45 2006-08-02 26 MONEY MATTERS Exiting equities may be premature PG2B I■ You can now use your CPF savings to invest in AllianzGI Global Allianz (fij) I Hiqh Payout Fund. Visit our appointed distributors tor more details. Global lnvestors W J i I company regn no ***** 7169Z45 words
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Advertisement172 2006-08-02 27 Did you profit from the recent stock market downturn? If not, come to SEE FEEL how you can MAKE MORE PROFITS by determining precise Entry/Exit points using the power of Japanese Candlestick Charting. Applicable for stocks, currencies, commodities, options, futures and warrants at ALL levels for ANY market. /U.P. $48.0*J172 words
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Advertisement302 2006-08-02 27 /i FRANKLIN TEMPLETON FUNDS ill YEARS IN SINGAPORE I i V H. IB '^Mhr THANK YOU FOR YOUR TRUST. Partnerships and relationships evolve over investment products. Franklin Templeton is a leader in global the years. With luck, as parties get to know investing, with local research capabilities around the world302 words
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Advertisement474 2006-08-02 28 CIMB !£S' hrtwtt_ |f A|Bk I Tel: 1800-ABN mLu33 I AMBO (226 2076) HH MA§ BHi PIJfWS!!!! pinance I c««..«y *^Jzsszzssr' k% *TW« IMAJVM mm WMMMMI T«l- mm 7KM u|nilß| V.J I 800-800 8000 T«l. 6557 2000 Tat: 6336 2001 T#l. 6827 7566 W. 6631 16W I HkS Hl k474 words
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