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Posts Tagged ‘expects’

PM “expects detailed investigation”

PM Mirko Cvetković says he expects a detailed investigation to follow the adoption of the PACE resolution on the allegations of organ trafficking in Kosovo. Cvetković told Tanjug that the resolution supports the Serbian government view that war crimes were committed by all sides during the conflicts in the former Yugoslavia, but added that Belgrade did not wish to turn the issue into a political matter.

Singapore expects inflation to ease in second half: Update

The Monetary Authority of Singapore said inflation will ease in the second half of 2011 after accelerating in the early part of the year.

“Headline inflation is expected to be higher over the next few months, mainly due to the recent surge” in car- permit and global food prices, the central bank said in an e- mailed statement today. “However, we expect it to moderate in the second half.”

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Singapore’s MAS expects inflation to ‘moderate’ in second half

The Monetary Authority of Singapore expects inflation to “moderate” in the second half of 2011, it said in an e-mailed statement today.

“Headline inflation is expected to be higher over the next few months, mainly due to the recent surge” in car-permit and global food prices, the central bank said. “MAS continuously monitors price developments closely, and will announce any revision to the inflation forecast” next month, it said.

 
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IMF expects Serbia’s GDP to grow 3%

Serbia will record an economic growth of three percent in 2011, according to the latest forecasts of the International Monetary Fund (IMF). Last year, the GDP growth was at 1.5 percent.

Opposition party expects “unrest” at rally

Serb Progressive Party (SNS) deputy leader Aleksandar Vučić has stated that the government will try to cause riots at the SNS rally on February 5.

He called upon the citizens to express their dissatisfaction in a peaceful and dignified manner.

WBL Corp’s Multi-Fineline Electronix expects to post net sales of $241m for 1Q

WBL Corp’s unit Multi-Fineline Electronix (MFLEX), the provider of high-quality, technologically advanced flexible printed circuit and value-added component assembly solutions to the electronics industry, says it expects to report net sales in the first quarter of $241 million in the first quarter of fiscal 2011 ended Dec 31, 2010, an increase of 5% from net sales of $229.5 million in the same quarter last year.

Gross margin during the first quarter of fiscal 2011 is expected to be 14.2%, compared to 15.9% for the same period in the prior year.

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U.S. “expects cooperation from PriÅ¡tina”

A U.S. state department official says his country expects both Priština and Tirana to cooperate with any possible organ trade investigation.
U.S. Deputy Assistant Secretary for European and Eurasian Affairs Thomas Countryman spoke in reference to accusations of organ trafficking in Kosovo and the involvement of Kosovo Albanian Prime Minister Hashim Thaci, which were published in the report of Council of Europe (CoE) rapporteur Dick Marty.

STI +0.1%; CIMB expects further weakness ahead

The STI is +0.1% at 3,150.90, rebounding slightly after yesterday’s 0.9% fall which was due to Moody’s Investors Service putting Spain’s Aa1 ratings on review for a possible downgrade, signalling a possible escalation of the euro-zone’s problems.

Volume is ultra-thin so far at 154 million shares worth $158 million, and the market breadth is flattish, suggesting trading interest has waned further as we edge closer to the year-end.

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DBS Group expects to keep up to 80% of RBS China clients

DBS Group Holdings, Southeast Asia’s biggest bank, expects to keep up to 80% of the clients it won as part of its acquisition of Royal Bank of Scotland Group Plc.’s retail and commercial banking businesses in China, the Singapore bank’s Chief Financial Officer Chng Sok Hui told reporters today.

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Brussels expects dialogue after election

EU foreign policy chief Catherine Ashton will inform EU foreign ministers about preparations for the Belgrade-Priština dialogue. According to reports, she will also inform the ministers about the effort made by the union in order for that dialogue to take place.

IM expects speedy dialogue with Priština

Serbian Interior Minister Ivica Dacic expects that peace will be preserved in Kosovo after the elections and that dialogue will begin as soon as possible.

“Serbia has been ready for dialogue for some time now, the team that will head the talks has been established and we expect the international community to be present at the talks as well,” he told a news conference on Sunday.

Singapore expects record 12 million visitors this year

Singapore expects visitor arrivals to hit a record of around 12 million this year, helped by the success of the city-state’s two multi-billion-dollar casinos, Prime Minister Lee Hsien Loong said on Sunday.

He made the remarks in an address to members of the ruling People’s Action Party, Channel News Asia reported on Monday.

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Serbian prosecutor expects positive report

Serbian war crimes prosecutor Vladimir Vukčević expressed expectation that Serge Brammertz’s report on Serbia’s cooperation will be positive. The chief Hague prosecutor was in Belgrade on Monday, and his report is due before the UN Security Council in December.

Asia Environment expects 3Q loss

Asia Environment Holdings says the group expects a loss for 3rd quarter 2010.

Asia Environment attributes the loss to decreasing revenue, higher finance cost and provision made for doubtful debts.

The company expects to finalise and announce its unaudited results for third quarter and period ended 30 September 2010 by mid-November 2010.

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STI flat; DBSV expects breakout on upside

STI flat at 3181.02, on volume worth $1.2 billion; market broadly balanced with 1.1 gainer for every loser, likely to stick close to current level for rest of day; volume dwarfed by Monday’s $2.7 billion worth of shares when GLP (MC0.SG) listed; stock +3.2% at $2.24. 

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China Fibretech expects significantly lower 3Q revenue and net profit before tax

China Fibretech says it expects to report significantly lower revenue and net profit before tax for the third quarter ended 30 September 2010 (3Q2010) compared to third quarter FY2009 due to a fall in the demand for our fabric processing services. However, the group expects to be profitable for the 3Q2010. Further details of the group’s performance will be released when the Company announces its unaudited financial results for the 3Q2010 on or before 15 November 2010.

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DBS expects rise in M&A activity in Singapore

Merger & acquisition activity involving Singapore companies expected to increase as sellers now more willing to negotiate following improved stock valuations, says DBS Vickers.

Notes buyers encouraged by better visibility of Singapore companies as worst of global crisis now over; “in addition to growth, Singapore companies are sitting on high net cash with 65% of them capable of generating free cash flow.” 

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HP Print Division Expects Slightly Better 2011 than 2010

HP’s Imaging and Printing Group (IPG) is a $29 billion annual revenue business with margins in the 16 to 17 percent area that expects to grow 3 to 4 percent in 2011. – Hewlett-Packard’s top printing and imaging executive told analysts Sept. 28
that the IT giant’s franchise in that sector expects to report flat to 2
percent growth in 2010 and that he believes his division will improve to
between 3 percent and 4 percent growth in 2011.

HP’s Imaging and Printin…


Minister expects no pressure from Clinton

Defense Minister Dragan Å utanovac says that he expected no pressure from U.S. Secretary of State Hillary Clinton during an announced visit to Belgrade.
“I think it is too early for me to talk about the visit and I still haven’t received final confirmation. I expect no pressure, just as there was no pressure during the visit of Mr [U.S. vice president Joseph] Biden,” Å utanovac told reporters.

EU expects dialogue to begin

European Foreign Affairs and Security Policies Chief Catherine Ashton stated that the EU expects dialogue between Belgrade and Priština and is ready to help. It was a great success for Serbian President Boris Tadić to present to the UN General Assembly a text supported by all 27 EU member-states, she told a press conference after an informal meeting of EU foreign ministers.