Wednesday, August 13, 2008

money & companies

(by Gabriel Chen, TST Wednesday AUGUST 13 2008 Page B18)
ST Engineering bullish despite dip in profits.

ST Aerospace president Tay Kok Khiang noted that the division has a diversified customer base and that it does not "compete much" with the likes of SIA Engineering. Chief among its strengths is it capabilities in not just repair work alone, but also in design engineering, he added.
The company announced an interim dividend of three(3) cents per share, payable on Sept 12.


AUGUST 13 2008
The Singdollar$ currency has already fallen in recent weeks, largely due to the US dollar's rebound, weak growth figures and soft inflation data.

The Monetary Authority of Singapore (MAS) will ease up on the Singapore dollars appreciation at its October review. The MAS will most likely allow the rate of the Singdollar's apprciation to ease to 2 per cent per year from the current 3.25 per cent.

The aim will be to stimulate growth and keep exports competitive.

But: "It's just short-term volatility. If you think long-term, in the context of high inflation, the Singdollar will continue to appreciate in order to bring inflation down. it's the primary policy instrument used in Singapore to control inflation, and we've pegging inflation now to be around 6.4 per cent at the moment."said Dr Subir Gokam, the Asia-Pacific chief economist at Standard & Poor's.

Water is just like "cashflow" in human body economy. Not enough cashflow (dehydration) will lead to meltdown (pain and diseases signs/symptoms).
It is never too late or too early to revise and be wise again for the rest of our journey.......

Use Water-cure. Rather be thankful for the timely warning, and do something about it.

Drink at least 10% of your own daily water-quota (31.42 ml multiply by your present body weight(kg), every 90 minutes. Use 1/4 teaspoon of sea-salt in your daily diet, for every 1250 ml water drank.

Pain is a sign/signal produced by dehydration in the human body. Pain may be common but it is not normal.

To simplify complications is the FIRST essential of success.

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