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SINGAPORE NEWSPAPER HIGHLIGHTS - JULY 2, 2001.

AsiaPulse News

| July 02, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SINGAPORE, July 2 Asia Pulse - Highlights of today's newspapers:

THE STRAITS TIMES

- A bidding war for control of Overseas Union Bank (OUB) looms and it is likely that the weapons of choice will be very different.

- Demand for ready-built industrial space has fallen to a 15-month low, reflecting continued weakness in the Singapore economy.

- At face value, the second phase of the Government's newly unveiled banking liberalisation programme offers great opportunities for foreign players in Singapore.

- Size matters: That seems to be the guiding principle behind the philosophy of banking regulators around the world - especially those in small countries.

- United Overseas Bank (UOB) had its origins in Borneo where the Wee clan first polished its business acumen - and ...

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Source: HighBeam Research, SINGAPORE NEWSPAPER HIGHLIGHTS - JULY 2, 2001.

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