The Business Times, 29 July 2011

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Microfilm: NL31563
Total Pages: 34
1 34 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfJl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, July 29,2011
    23 words
  • Article, Illustration
    Lock icon A property index that thinks out of the shoebox
    992 1  -  New NUS index launched, first reading confirms shoebox units outperform in apartments market By KALPANA RASHIWALA [SINGAPORE] Finally, an index has been minted that monitors price changes for shoebox apartments. And it shows what market players have observed for some time
    992 words
  • Article
    Lock icon MARKETS DIGEST
    144 1 HST INDEX 3,189.85 (-3.69) H ST INDEX FUTURES 3,190 (-4) H SIMSCI 369.35 (-1.57) H SIMSCI FUTURES 369.70 (-1.30) FOREX US$ S$ US$ (S$ per US$) 1.202 (US$/S$ per 1.634 1.964 EURO (US$/S$/E) 1.438 1.728 Foreign currency per US$ S$ YEN 77.70 64.60 RM 2.947 2.452 HK$ 7.792
    144 words
  • Article, Illustration
    Lock icon EDB banks on new partnership with HSBC
    520 1  -  It wants to woo global and Asian mid-sized firms By TEH TEH SHI NING [SINGAPORE] The Singapore government has found its first bank ally for its efforts to woo global mid-sized companies and Asian enterprises to Singapore. HSBC yesterday agreed to work with
    520 words
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      58 1 THEATRE Reflections on self and state PAGE 30 EXECUTIVE LIFESTYLE Stores get hip and happenin’ PAGE 34 COMMENTARY Gen Y the future of Asia’s workforce PAGE 22 8 '*****1 *****4 Uiia GEORGE CLOONEY'S CHOICE. Ion Orchard 6509 9712 Marina Bay Sands 6225 2393 Raffles City 6338 3676 Resorts World Sentosa
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      10 1 MALAYSIA NEWS Petronas finds gas in Sabah waters PAGE 17
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      567 2 A property index that thinks out of the shoebox FINALLY, an index has been minted that monitors price changes for shoebox apartments. And it shows what market players have observed for some time now that price increases of shoebox apartments have been outpacing gains in overall apartment prices
      567 words
    • Article
      Lock icon SIA Q1 profit dives 82% to $45m on high fuel costs
      463 2  -  Expenditure on fuel now accounts for over 40% of group’s total spending By NISHA RAMCHANDANI [SINGAPORE] Hit by high fuel costs, Singapore Airlines (SIA) saw net profit plunge 82 per cent year-on-year to $45 million for the first quarter
      463 words
    • Article
      Lock icon Singapore’s wealthiest 40 just got 19% richer: Forbes
      623 2  -  By CONRAD TAN [SINGAPORE] A fortune of US$1 billion is no longer enough to get you within touching distance of Singapore’s 10 richest families there are now 13 families here worth more than that, compared with 11 last year, according to the
      623 words
    • Article
      Lock icon HSBC may slash 10,000 jobs to cut costs
      409 2 Reuters [LONDON] Banking group HSBC Holdings plc may cut more than 10,000 jobs as part of its plan to slash costs by up to US$3.5 billion a year, Sky News reported yesterday. New HSBC chief executive Stuart Gulliver in May announced a
      Reuters  -  409 words
    • Article
      Lock icon MAS tightens rules for selling investment products
      379 2  -  By SIOW LI SEN [SINGAPORE] Come Jan 1, 2012, banks will have to assess if their customers are “fit” to buy before they can sell them investment products. Their sales people, numbering in the thousands, must also take additional exams on product knowledge
      379 words
    • Article
      Lock icon Correction
      37 2 IN the report, “CityDev’s M&C Hotels names new CEO” (BT, June 29), Wong Hong Ren has been Millennium Copthorne Hotels’ CFO and executive director since April 2001, not April 2011. We are sorry for the error.
      37 words
    • Article, Illustration
      Lock icon Property players’ outlook weakens in Q2
      827 4  -  Economic slowdown, govt measures, higher land supply seen as factors By EMILYN YAP [SINGAPORE] Real estate players’ sentiment about the property market weakened in the second quarter and the moderation is especially clear for the suburban residential sector, according to the latest survey by
      827 words
    • Article
      Lock icon SMEs still optimistic about H2 growth prospects: study
      640 4  -  By CHEN HUIFEN [SINGAPORE] SMEs are still optimistic about their growth prospects in the second half of 2011, despite adjusted forecasts suggesting Singapore’s GDP growth this year will be slower than initially expected. Their outlook on both turnover and profitability have improved,
      640 words
    • Article, Illustration
      Lock icon Temasek names CEO of Seatown unit
      364 4 Bloomberg [SINGAPORE] Temasek Holdings has named Jimmy Phoon as chief executive officer of its Seatown Holdings Pte unit. Mr Phoon, who is head of strategy at Temasek, will take the appointment starting Aug 1, Tan Yong Meng, a spokesman at the company, said in
      Bloomberg  -  364 words
    • Article
      Lock icon New shoebox price index seen boosting transparency
      662 4  -  By KALPANA RASHIWALA [SINGAPORE] Market watchers have generally welcomed the NUS’s new price index for small apartments, saying it will enhance transparency on price trends in the different segments of the private residential market. DTZ South East Asia chief operating officer Ong Choon
      662 words
    • Article
      Lock icon Court of Appeal overturns ruling against Racing Guide
      451 4  -  By GRACE LEONG [SINGAPORE] The publisher of Racing Guide scored a legal victory after the Singapore Court of Appeal overturned a High Court decision that ruled it violated the copyrights of rival horse-racing magazine Punters’ Way. Pioneers Leaders (Publishers) Pte Ltd, publisher
      451 words
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      189 words
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      1044 3 53 V Advertorial e-'SB&s C'A mm IvMnj&it V» 'jjpxB is J V; W BEPwr-; HS&9.-. Vtv iwnjii £3 < 7'JH osai kfaB A: r KM f.y, V v,:It!* fevs i A iM 1 i il *1 m «5. Z > [i J t f f f i THE much anticipated
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      250 words
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      16 4 Brand Your Assets Call 1800 289 8822 ore-mail notices@sph.com.sg to publicise your Financial Statements GATS NOTICES
      16 words
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      1287 5 Advertorial Highly Anticipated. Solid Investment. Residential development in a prestigious neighbourhood and good location that commands multiple views is a rarity in Singapore. This presents a strong upside potential for solid investment. In February 2011, there were 19 bids received for tender for a land parcel at Bishan Street 14.
      1,287 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon DBS Q2 $735m profit beats expectations
      775 6 Strong showing from robust loan growth, stable profit margins Reports by SIOW LI SEN DBS Group Holdings yesterday posted strong secondquarter net profit of $735 million, boosted by robust loan growth and stable profit margins and earning more fees from private banking and trade
      BLOOMBERG  -  775 words
    • Article
      Lock icon Not much impact on DBS if US fails to up debt ceiling
      324 6 DBS Group Holdings’ chief executive Piyush Gupta yesterday said that there would not be much of an impact on the bank should the US fail to raise its debt ceiling. The biggest challenge would be liquidity but even
      324 words
    • Article
      Lock icon At a glance
      499 6 At a glance 3 months ended June 2011 6 months ended June 2011 NET PROFIT (S$m) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG TURNOVER (S$m) NET PROFIT (S$m) TURNOVER (S$m) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG 1 HK Land 4,675.73 1,932.36 142.0 927.53 940.31 -1.4 2 DBS Grp
      499 words
    • Article
      Lock icon Tiger expects Aussie services to resume in ‘near future’
      293 6  -  By NISHA RAMCHANDANI LOW-COST carrier Tiger Airways said yesterday that it expects to resume its services Down Under in the “near future”. The Civil Aviation Safety Authority (CASA) of Australia which on July 1 grounded the carrier’s operations in Australia on
      293 words
    • Article, Illustration
      Lock icon Hairy week ahead for investors, says HSBC
      691 6  -  50% chance that US lawmakers will miss debt ceiling deadline By TEH HOOI LING NEXT week is going to be “quite hairy” for investors because there is a more than 50 per cent chance that the US lawmakers will miss Tuesday’s deadline to
      691 words
    • Article
      Lock icon CDL China clinches site in Suzhou Industrial Park
      553 8  -  The 4.5-hectare site marks the group’s second major China deal in seven months By KALPANA RASHIWALA CITY Developments Limited (CDL) is raising its exposure to the China property market, announcing its second major acquisition in seven months. Its fully owned unit CDL
      553 words
    • Article
      Lock icon Biosensors shares up on strong Q1 results
      410 8  -  By LYNN KAN AFTER logging a set of first-quarter results that beat expectations, Biosensors International Group bucked the market-wide downward trend yesterday, with its stock closing 1.9 per cent higher at $1.36. The drug eluting stent (DES) maker’s net profit for the first
      410 words
    • Article
      Lock icon Higher revaluation gains boost HK Land profit
      477 8  -  H1 attributable profit more than doubles to US$3.8b By MICHELLE QUAH HONGKONG Land saw its net profit for the six months to June 30 more than double from a year ago, helped by higher revaluation gain. Its profit attributable to shareholders totalled US$3.8
      477 words
    • Article
      Lock icon Ascendas India Trust Q1 DPU down 10%
      359 8  -  By CARINE LEE ASCENDAS India Trust (a-iTrust) yesterday posted a 10 per cent year-on-year decline in distribution per unit (DPU) from 1.66 cents to 1.50 cents for the fiscal first quarter ended June 30 an annualised yield of about 6.4 per cent, based
      359 words
    • Article, Illustration
      Lock icon Lian Beng’s net profit doubles to $48.18m
      342 12  -  Revenue grows 46.7% while earnings per share increase to 9.10¢ By JASMINE NG HOMEGROWN building construction company Lian Beng Group yesterday said that its net profit doubled to $48.18 million for the full year ended June, from $24 million for the corresponding period
      ARTHUR LEE  -  342 words
    • COMPANY BRIEFS
      • Article
        Lock icon Dairy Farm posts 24% rise in H1 profit
        93 12 PAN-ASIAN retailer Dairy Farm International Holdings posted a 24 per cent rise in net profit for the half year ended June 30 to US$226.4 million, from US$182.3 million a year ago. Revenue also rose 16 per cent from US$3.79 billion to US$4.40
        93 words
      • Article
        Lock icon Mandarin Oriental’s H1 profit more than triples
        56 12 MANDARIN Oriental International’s net profit for the half year ended June 30 more than tripled to US$43.1 million from US$13.5 million a year ago. Excluding non-trading items, net profit rose 146 per cent to US$33.2 million. Total revenue rose 21 per cent over
        56 words
      • Article
        Lock icon Stamford Land Q1 profit falls 86.7%
        100 12 STAMFORD Land Corp posted an 86.7 per cent fall in its first-quarter net profit to $5.07 million compared to $38 million a year ago, due to the absence of fair value gains on investment properties this year. A year ago, the fair value gains
        100 words
      • Article
        Lock icon Nanjing SR Puzhen wins contracts worth 3.13b yuan
        82 12 MIDAS Holdings said that Nanjing Metro Co Ltd has awarded two contracts worth a combined 3.13 billion yuan (S$583.8 million) to its joint venture, Nanjing SR Puzhen Rail Transport, in which Midas has a 32.5 per cent equity stake. The contracts involve
        82 words
      • Article
        Lock icon GMG Global posts 89.6% jump in Q2 profit
        74 12 RUBBER producer GMG Global posted an 89.6 per cent jump in second-quarter net profit to $17.98 million from a year ago. This came as revenue more than tripled year-on-year to $288.4 million for the three months ended June 30. The group’s half-year
        74 words
      • Article
        Lock icon Completion of Hyflux Algeria plant delayed
        107 12 HYFLUX said yesterday that the completion of the seawater desalination plant that it is building at Magtaa, Wilaya of Oran, Western Algeria, will be delayed till May 2012 due to a fire which broke out on the site yesterday. Preliminary estimates of damages come
        107 words
      • Article
        Lock icon Otto Marine issues profit warning for Q2
        65 12 OTTO Marine has issued a profit warning. It expects to report a loss for Q2 due to the cancellation of two vessel contracts with Mosvold, and lower revenue from its seismic vessels operating unit. Otto Marine said that it may sell the cancelled
        65 words
    • Article
      Lock icon Portek bags $15.7m supply job in Africa
      370 12  -  It’ll provide box handling equipment to Port of Matadi By JOYCE JOYCE HOOI PORTEK International has gained a foothold in the Democratic Republic of the Congo through its subsidiary, Portek Systems Equipment Pte Ltd (PSE). PSEhas won a $15.7 million contract from Société
      370 words
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      132 6 FlexMe Office Space Solutions r M The Green Smart Office Address that works whenever you do GTower offers you a Grade A++ commercial space within the Kuala Lumpur City Centre (KLCC) business district. We are Malaysia's first Green building (Singapore BCA Green Mark Gold) and built to MSC Malaysia (Multimedia
      132 words
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      250 7 I m M cm AM .7 ■*V .1 <•* KIJ&V'H C CAM'""} A AM,-) 'V M «£W, Ma 4s™ M C §W W$ M fe ':A V AK :I:}AI S?^0-a 1 >0 .r':•••: KM V-I*V < MM.,: WAM •V'.v. gf Kit flftfcafe < 4 is9 I W-: »sa ws »e
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      265 8 JERRY LUM Snr Marketing Director, MBA, CES HP: 8288 0098 View: jerrylum.myweb.sg "^>Wv-C-^Y. ;@;.A ;'-u Wine, Dine Hospitality Highlights V\-V. y 4_J n=3» I Master Chef Lai Tong Ping presents artistic fruity creations, with prices from $12 for a la carte menu and set menus from $68 per person. Expect
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Volatile, resilient session for STI
      629 10  -  All eyes on Wall Street as the deadline for higher US debt ceiling draws near STOCKS R SIVANITHY Senior Correspondent JUDGING by the relative strength displayed by equity markets in this part of the world, traders appear to be shrugging off worries that the US
      Source: Bloomberg  -  629 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 10 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 10 Jul 28 VALUE CLOSE BT OB/OS 189.00 +53.00 BT CADI -*****.00 -27.00 BT 10-day MA -*****.00 +19.00 FTSE ST Mid Cap 743.59 +0.31 FTSE ST Small Cap 526.52 +1.52 FTSE ST All Share 775.99 -0.52 FTSE ST China Top 249.90 -0.40 FTSE ST China 288.21 -0.26 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      62 10 VOLUME NexGenSCom 141,360,000 Genting SP 135,333,000 Golden Agri 125,049,000 Midas 66,749,000 Artivision 66,486,000 Progen 59,548,000 HPH Trust US$ 52,995,000 EuNetworks 35,056,000 IndoAgri 22,509,000 Noble Grp 22,221,000 VALUE($) Genting SP 260,817,600 Golden Agri 90,781,962 DBS Grp 90,424,160 IS MSCI India 100 57,962,280 HPH Trust US$ 49,427,963 OCBC Bk
      62 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 10 Stock name Close Change CapMallsAsia 1.435 -0.005 CapitaLand 2.920 -0.030 CapitaMall 1.880 -0.010 CityDev 10.500 -0.090 ComfortDelGro 1.440 -0.005 DBS Grp 15.330 +0.010 F&N 5.950 -0.020 GLP 2.000 Genting SP 1.925 +0.005 Golden Agri 0.730 +0.015 HK Land 6.630 +0.030 JMH 59.000 +1.300 JSH 33.440 -0.090
      112 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 7 3 0 0 0 5 7 3 Manufacturing 43 66 44 5 6 7 48 72 51 Commerce 15 26 20 2 4 3 17 30 23 Tpt/Stor/Comms 11 17 14
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon SMRT Corp
        657 10 July 28 close: $1.855 DBS Group Research, July 28 NET profit for the three months to end-June (Q1 FY2012) fell 9 per cent to $34.8 million due largely to higher staff costs ($84.6 million, up 11 per cent), electricity/energy costs ($40 million, up 33 per cent), and other
        Source: Bloomberg  -  657 words
      • Article
        Lock icon Mapletree Commercial Trust
        156 10  -  July 28 close: $0.89 CIMB Research, July 28 Compiled by CONRAD TAN DISTRIBUTION per unit (DPU) for Q1 FY2012 (the three months to end-June) meets expectations at 19 per cent of our full-year estimate and consensus. The quarter only consisted of 65 days, after listing. Annualised, DPU
        156 words
      • Article
        Lock icon Glossary:
        136 10 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
        136 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 29,243 29,243 60,325 60,325 Manufacturing 268,318 11,805 280,123 228,600 766 229,366 Commerce 239,992 12,006 251,998 135,546 3,072 138,618 Tpt/Stor/Comms 173,327 8,096 181,423 215,831 976 216,807 Finance 18,154 4,830 22,984 199,202 1,278 200,480 Construction 47,435 63,636
      121 words
    • Article, Illustration
      Lock icon Euro falls after Italian debt auction
      459 10 CURRENCIES Reuters [LONDON] The euro fell yesterday as high borrowing costs at an Italian debt auction intensified concerns about the eurozone debt crisis spreading, though deadlocked US debt ceiling talks limited losses versus the dollar. Italy sold 10-year bonds but only at the cost
      Reuters; REUTERS  -  459 words
    • Article
      Lock icon RISES
      113 10 BY CENTS CLOSE UP DBXT AUDMM 5US$ *****1219.9 4.9 JMH 5900 156.3 2.3 OCBC Bk 5.1%NCPS 100 ***** 141.0 1.3 DBXT S&P Short 10US$ 4228 80.5 1.6 Asia Pac Brew 2850 50.0 1.8 CIMBAsean40 100US$ 1119 22.8 1.7 UOB 5.05%NCPS 100 ***** 15.0 0.1 DBXT MSTHAI 10US$ 1830 10.8
      113 words
    • Article
      Lock icon FALLS
      122 10 BY CENTS CLOSE DOWN IS S&P500 *****-482.0 -3.0 DBXT E50 10US$ 4250-169.5 -3.2 DBXT Nifty 10US$ *****-140.6 -0.9 IS DJ US Tech 6626-132.2 -1.6 DBXT MSKorea 10US$ 6493 -93.8 -1.2 Jardine C&C 4890 -93.0 -1.9 GLD 10US$ ***** -70.9 -0.4 Lyxor Europe 10 US$ 1304 -61.3 -3.8 DBXT FTChina25
      122 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 10 DAILY
      5 words
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      204 11 EE m, m «w ■■k |W X-" SsSas 58® y;;®s K-f i -V v-.'.-t riv «§42 i-:-- »?<: 28 m -> n® m ■•i, vV' w, 8» s>»: :-V. sKVW; •7££&f£ i^r! :vv. >®5 K0B •S WW* a ■ri: OfiS -V-' 3f -i <■? >■■. 'm y?s W! m E
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      2845 12 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF EMERGING MARKETS EQUITY INVESTMENTS PTE. LTD. (the “Company”) (In Members’ Voluntary Liquidation) (Company Registration Number: *****5542M) (Pursuant to Section 290(2)(b)) At an Extraordinary General Meeting of the Company deemed
      2,845 words
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      103 13 RD ALEXANDRA TELOK BLANGAH WAYCHIJ STheresConve TELOK BLANGAH GREEN Hort Park CHIJ St. Theresa’s Convent Henderson Waves AlexandraArch Telok Blangah Hill Park Mapletree Business City Mount Faber Park TELOK BLANGAH DRIVE Tanjong Pagar Plaza CHIJ Kellock Canadian Int Sch Great Eastern Centre International Plaza LABRADOR VILLA RD Tanjong Pagar MOUNT
      103 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Brisk ticket sales for this year’s F1 race
      470 14  -  Over 80% of general and corporate tickets sold to date, says organiser SGP By NISHA RAMCHANDANI WITH less than two months to go before the Formula One Grand Prix (Sept 23-25) returns to Singapore, ticket sales for the 2011 race have been
      470 words
    • Article
      Lock icon Bt Panjang LRT to get 13 more cars from 2014
      432 14  -  By SAMUEL EE THIRTEEN more train cars will be added to the Bukit Panjang Light Rail Transit system from 2014 to boost capacity by 50 per cent. Transport Minister Lui Tuck Yew said this yesterday morning at the Choa Chu
      432 words
    • Article, Illustration
      Lock icon 12-year-old cellist makes solo debut for charity
      515 14  -  By NATALIE KOH NOT many 12-year-olds can say that they have played an antique instrument in front of a crowd alongside other veteran musicians. Young cellist Brendan Goh can. In his debut performance, Metamorphosis, on Wednesday night, Goh performed Haydn’s Cello Concerto in
      515 words
    • Article
      Lock icon NOL bags both individual & company IDC awards
      199 14 NOL bags both individual company IDC awards INFORMATION technology veteran Wu Choy Peng has been named CIO of the Year for Asia Pacific at IDC’s annual Enterprise Innovation Awards. Ms Wu is chief information officer at Neptune Orient Lines (NOL), which was also conferred the IDC-En-terprise Innovation Award (Singapore) for
      199 words
    • Article
      Lock icon Sinopec starts work on Tuas lubricant plant
      442 14  -  It also gets nod for first refinery abroad in Saudi Arabia By RONNIE LIM THERE is a Chinese saying that “good things come in pairs”. This proved the case for Chinese oil giant Sinopec, which broke ground yesterday at Tuas South for its
      442 words
    • Article
      Lock icon Surbana acquires Chengdu residential site for 677m yuan
      306 14 SURBANA Corporation has acquired a residential site in Chengdu, in China’s Sichuan province, for 677 million yuan (S$ 126 million) through a public auction. The site, located in the Swan Lake Area within Longquanyi District of Chengdu city, is about 15 kilometres
      306 words
    • Article
      Lock icon Frasers launches London project here
      331 14 FRASERS Property, the overseas arm of Frasers Centrepoint Limited (FCL), is launching phase three of its London residential project Riverside Quarter this weekend at St Regis Singapore. BT understands that the first two phases consisting of 204 units have been completed and fully sold. The
      331 words
    • Article
      Lock icon Tianjin Eco-City to get guidelines on water issues
      217 14 A GUIDEBOOK outlining good practices on various water management issues has been jointly developed by Singapore and Tianjin for use in the Tianjin Eco-City. The guidelines in the Sino-Singapore Tianjin Eco-City Water Management Guidebook will be implemented once the Eco-City is fully
      217 words
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      50 words
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      Lock icon Page 14 Advertisements Column 2
      17 14 Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings
      17 words
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  • INTERNAL AUDIT
    • Article, Illustration
      Lock icon Strengthening internal audit’s role
      1495 15  -  There is a growing debate on the need to make internal audit compulsory for listed companies, reports LYNETTE KHOO reports LYNETTE KHOO WHENEVER fraud, accounting irregularities and other corporate governance lapses occur, the spotlight is invariably cast on the quality of internal controls in the companies
      ST FILE ILLUSTRATION  -  1,495 words
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      Lock icon Page 15 Advertisements Column 1
      154 15 Career advance 'I think many people assume that a CIMA qualification just prepares you for one career in finance. In reality it offers more than that: it's versatile and opens up a host of different paths, such as my chosen career in consulting. It gives you the skills and options
      154 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon BOE policymaker warns of fall back into recession
      411 16 Reuters [LONDON] Britain’s recovery appears to have slowed recently and there is a risk the economy could tip back into recession, Bank of England (BOE) policymaker David Miles said on Wednesday. In a speech focused on the impact of tighter bank regulation,
      Reuters; REUTERS  -  411 words
    • Article
      Lock icon US economic expansion melting in summer heat
      527 16 Of the Fed’s 12 bank regions, 8 report slower growth when compared to spring AP [WASHINGTON] Economic growth slowed in much of the US earlier this summer, hampered by high unemployment, weak home sales and signs of a slowdown in manufacturing. A survey
      AP  -  527 words
    • Article
      Lock icon US health spending to hit 20% of GDP
      506 16 Figure expected to be reached by 2020 as subsidies grow Bloomberg [WASHINGTON] Healthcare spending will make up 20 per cent of US gross domestic product by the end of the decade, an increase of more than two percentage points from 2009 as
      Bloomberg  -  506 words
    • Article, Illustration
      Lock icon Large-scale yen intervention quite difficult: minister
      376 16 Reuters [TOKYO] Japanese Economics Minister Kaoru Yosano, under pressure to curb the yen’s latest spike in value, said that currency intervention as big as one to two trillion yen (S$ 15-30 billion) would be quite difficult, Jiji news agency reported yesterday. Japan is faced
      Reuters  -  376 words
    • Article
      Lock icon Thai manufacturing up 3.3% in June
      531 16 Reuters [BANGKOK] Thai manufacturing output rose 3.3 per cent in June from a year earlier after falling for four months, the Industry Ministry said yesterday, noting that car production was getting back to normal after disruption caused by Japan’s earthquake in March. Factory output
      Reuters  -  531 words
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      127 16 Lic No: L*****87F STUART CHNG6100-8858 OEI TIONG HAM *****sqft. Beautiful, privacy SWISS CLUB *****sqft. Good buy, serene surroundings THIRD AVE *****sqft. Urgent VICTORIA PARK *****sqft. 2 bungalows. Urgent WINDSOR *****sqft. Priced to sell, beautiful, move-in cond YARWOOD *****sqft. Sub-divide PRIME BUY BINJAI ***** *****sqft. Best buy, rebuild, modern BISHOPGATE *****sqft.
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      8 16 mm m a* »> a mmw&to FX .vV eat.omy.sg
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Petronas finds gas in Sabah waters
      481 17  -  This adds weight to firm’s reputation as a global oil major in its own right By in Kuala S JAYASANKARAN in Kuala Lumpur MALAYSIA’S national oil company Petroliam Nasional or Petronas has made two significant gas discoveries in shallow waters areas off the west
      REUTERS  -  481 words
    • Article
      Lock icon Indonesia draws M’sian Islamic banks, insurers
      724 17 Bloomberg [KUALA LUMPUR] Malaysia’s Islamic banks and insurance companies are expanding in Indonesia, where the Syariah-compli-ant industry is growing three times as fast as in their home country. Maybank Islamic Bank Bhd, a unit of Malayan Banking Bhd, and PT Bank Syariah Mandiri are
      Bloomberg  -  724 words
    • Article, Illustration
      Lock icon Indonesia’s poor spend more on cigarettes
      311 17 Xinhua [JAKARTA] Many low-in-come families in Indonesia prioritise spending on cigarettes rather than on other needs, with six out of 10 low-income households reporting spending on cigarettes, local media reported here yesterday. Ekowati Rahajeng, the Health Ministry’s director of non-communicable diseases, said on Wednesday
      Xinhua; AFP  -  311 words
    • Article
      Lock icon Indonesian loan growth to exceed BI forecast: BCA
      482 17 Bloomberg [JAKARTA] Indonesia’s loan growth will probably surpass the central bank’s estimate this year as low interest rates help drive demand in Southeast Asia’s biggest economy, the nation’s largest lender says. Commercial lending may rise as much as 25 per cent more
      Bloomberg  -  482 words
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      116 17 HEART NEWS french pine bark PULSE r d I L 1 Pi m -e d ri The Powefful Antioxidanl MASQUEUER's® OPC Originals .flCC GNC PREVENTIVE NUTRITION' Coenzyme Q-10 150 mg French Pine Bark Extract Coenzyme Q-10 For Healthy Heart, Cholesterol Triglycerides Promotion Now On. 6281 5688 |S|C o www.gnc.com.sg live
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  • GREATER CHINA/INDIA
    • Article
      Lock icon China to broaden mix of forex reserves
      509 18 Regulator says rapid build-up of reserves is ‘not a direct’ cause of inflation Reuters [BEIJING] China will press ahead with diversification of its US$3.2 trillion in foreign exchange reserves, the State Administration of Foreign Exchange (SAFE) said yesterday, adding it does not intentionally
      Reuters  -  509 words
    • Article, Illustration
      Lock icon Ford announces new US$1b auto plant in India
      437 18 AFP [NEW DELHI] US auto giant Ford said yesterday that it would invest US$1 billion to build a vehicle assembly and engine plant in India as it ramps up production to exploit the country’s burgeoning car market. The new factory in the
      AFP; AP  -  437 words
    • Article
      Lock icon Contract makers review business model
      689 18 Rising costs, falling margins make manufacturing for other brands less lucrative Reuters [HONG KONG] Contract manufacturers rolling out an array of gadgets such as Apple’s iPad, Dell’s PCs and other devices in China are re-examin-ing their business models as they grapple with surging costs and
      Reuters  -  689 words
  • Page 18 Advertisements
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      1591 18 [SATS i r" P Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES NATIXIS Head Office: 30, avenue Pierre-Mendès-France, ***** Paris, France Singapore Branch: 50 Raffles Place #41-01 Singapore Land Tower, Singapore *****3 CONSOLIDATED BALANCE SHEET ASSETS 31/12/10 31/12/09 Assets in millions Cash and balances with central banks 12,167) 3,514) Financial assets at
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  • WORLD
    • Article, Illustration
      Lock icon Banks brace for rating downgrade
      731 19 They are tracking credit market movements for signs of distress Bloomberg [SAN FRANCISCO] US banks are scrutinising credit market movements as they look for distress ahead of next week’s deadline to raise the US debt ceiling. Commercial banks and securities firms are tracking how money-market
      Bloomberg; BLOOMBERG FILE PHOTO  -  731 words
    • Article
      Lock icon Japan retail chain starts testing beef for radiation
      373 19 Bloomberg [TOKYO] Concern that nuclear radiation fallout is contaminating meat prompted Aeon Co, owner of Japan’s biggest supermarket chain, to start testing beef for cancer-causing substances. Aeon started selling beef yesterday in Tokyo stores tested by an independent laboratory to be within
      Bloomberg  -  373 words
    • Article
      Lock icon Weak healthcare unit hits Siemens results
      255 19 Reuters [MUNICH] Siemens, Europe’s largest engineering conglomerate, posted quarterly results that fell short of forecasts as profit from healthcare sagged and one-off charges weighed. Fiscal third-quarter net profit from continuing operations fell 47 per cent to 763 million euros (S$1.3 billion), worse than the
      Reuters  -  255 words
    • Article, Illustration
      Lock icon Credit Suisse to cut 2,000 jobs as Q2 profit falls
      428 19 Reuters [ZURICH] Swiss bank Credit Suisse is cutting about 2,000 jobs after a second hit by weak trading activity and the strong Swiss franc. Net profit fell to 768 million francs (S$1.12 billion), the bank said yesterday, below average analyst
      Reuters; REUTERS  -  428 words
    • Article
      Lock icon Sony sinks to 15.5b yen quarterly loss
      381 19 AP [TOKYO] Sony Corp sank to a 15.5 billion yen (S$239 million) quarterly loss, hurt by the disasters in northeastern Japan, a massive online security breach and plunging TV prices. The Tokyo-based electronics and entertainment company said yesterday it had lowered its profit
      AP  -  381 words
    • Article
      Lock icon Eurozone banks set to tighten credit standards
      513 19 ECB poll sees only moderate rise in Q3 loan demand Bloomberg [FRANKFURT] Euro-area banks expect to tighten credit standards for companies further in the third quarter even as loan demand remains subdued, the European Central Bank said. While the pace of credit tightening
      Bloomberg  -  513 words
    • Article
      Lock icon Pending home resales rise 2.4% in June
      556 20 First-time claims for unemployment insurance drop by 24,000 to 398,000 last week LATEST US DATA Bloomberg [WASHINGTON] The number of contracts to purchase previously owned US homes unexpectedly rose in June as buyers tried to take advantage of lower prices and borrowing costs.
      Bloomberg  -  556 words
    • Article
      Lock icon US officials confident of debt deal soon
      918 20  -  By MALMINDERJIT SINGH [SINGAPORE] A deal will soon be reached on the US debt ceiling crisis, according to two key officials from the Obama administration. “While the current wrangling occurs in (Washington) DC on the debt ceiling issue, we are confident that a
      918 words
    • Article, Illustration
      Lock icon ADB sees strong East Asian growth moderating ahead
      644 20  -  By ANTHONY ROWLEY in Tokyo EMERGING East Asian economies, led by China, will continue to grow at a strong although moderating pace this year and next despite severe economic problems in the advanced nations, the Asian Development Bank said yesterday. But despite
      REUTERS  -  644 words
    • Article
      Lock icon Fitch delays Portugal credit review to Q4
      485 20 This is to give the new govt more time to carry out its plan Reuters [LISBON] Fitch Ratings has postponed its decision on Portuguese credit standing to the fourth quarter from the end of July, giving the new centre-right government more time to
      Reuters  -  485 words
    • Article
      Lock icon PM-picked UK panel starts phone-hacking probe
      252 20 AFP [LONDON] A British judge yesterday opened an inquiry into the phone-hacking scandal that has rocked the country, warning that he would use his powers to compel witnesses to give evidence “as soon as possible”. Lord Justice Brian Leveson, appointed by Prime Minister David
      AFP  -  252 words
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      194 19 In the matter of the Companies Act, Cap 50 And In the Matter of (I) Worldwide Investigation Network Pte Ltd (In Creditors’ Voluntary Liquidation) (Company No.: *****3372K) (II) Pac Point Pte Ltd (In Creditors’ Voluntary Liquidation) (Company No.: *****2862K) NOTICE OF MEETING OF CREDITORS Notice is hereby given that a
      194 words
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      56 20 Heartbeat Of The Indian Community Incisive features from India, news about the local Indian community, as well as business, education, entertainment, food and sports... with an Indian slant of course. •AMMAN WANTS"?. a SO««ST<CA',y> MSCOMCffn r ..tnuM COMM un THE HE u?sam muocows presidential conversation gracing For more details, call
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Air France-KLM, Lufthansa stock fall on results
      866 21 Both report earnings that missed estimates, will rein in capacity growth Bloomberg [PARIS] Air France-KLM Group and Deutsche Lufthansa AG tumbled as Europe’s biggest airlines said that they will rein in capacity growth after their earnings missed estimates. Air France fell as much
      Bloomberg; BLOOMBERG  -  866 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3364 21 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi KU6457 1300 SQ456 1245 SQ457 1300 EY470 2220 NH6370 2220 VA7470 2220 Adelaide LH9771 1745 9W4082 2225 SQ278 1745 AF8088 2225 VS7278 1745 AY5011 2225 BA7382 2225 JL7893 2225 MU8439 2225 QF82 2225 LH9770 2350 SQ279 2350 VS7279 2350
      3,364 words
    • Article
      Lock icon Rolls-Royce posts 28% increase in H1 profit
      500 21 Rise boosted by revenue growth and continued demand Reuters [LONDON] British aero engine maker Rolls-Royce Holdings plc posted a 28 per cent rise in first-half profit, helped by growth in engine servicing revenue and continued demand from planemakers working through hefty order backlogs.
      Reuters  -  500 words
    • Article, Illustration
      Lock icon Garuda pilots call off strike after assurances
      369 21 AFP [JAKARTA] Garuda Indonesia pilots called off a 24-hour strike yesterday after receiving assurances that their concerns over pay will be addressed, union officials said. Garuda Pilots Union chief Stephanus Geraldus said State-Owned Enterprises Minister Mustafa Abubakar had promised to intervene in order
      AFP; REUTERS  -  369 words
    • Article
      Lock icon Chinese lines lobby against Vale fleet
      606 21 Bloomberg [SHANGHAI] China’s largest shipping companies are lobbying the government to foil Vale SA’s plan to build a US$2.3 billion fleet of the world’s biggest iron ore carriers that will haul the steel-making material to the nation. Vale, the world’s largest iron ore producer,
      Bloomberg  -  606 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Small audit firms have to bite merger bullet
      516 22 EDITORIAL ONE key thrust of the ongoing review of the Accountants Act sees proposed tougher criteria for auditors of “public interest entities” such as listed companies, financial institutions and charities. Arguments for the move would be irrefutable given the general “significant public
      516 words
    • Article, Illustration
      Lock icon Govts’ inertia worsening economic weakness
      778 22  -  THE BOTTOM LINE ROBERT SAMUELSON fear and do not understand the new. The Washington Post Writers Group WE are now witnessing “the crisis of the old order”. The phrase, coined by the late historian Arthur Schlesinger Jr to describe the failure of unfettered capitalism in
      fear and do not understand the new. – The Washington Post Writers Group  -  778 words
    • Article, Illustration
      Lock icon Gen Y – the future of Asia’s workforce
      1066 22  - Gen Y the future of Asia’s workforce Companies are evolving to offer greater flexibility to tap this emerging talent pipeline By MARION GAMEL The writer is global director of marketing for Alexander Mann Solutions, an outsourcing and consultation company WHO belongs to Generation Y? Born between 1980 and 2000, Generation
      FILE PHOTO  -  1,066 words
    • Article, Illustration
      Lock icon Europe’s reverse wealth tax explained
      1394 23  -  The political economy of the European bailouts is unlikely to improve before the next sovereign debt crisis hits By HARALD HAU The writer is an associate professor of finance at INSEAD. This comment is sourced from Vox.Eu.org, a Web portal that features the views of
      AP  -  1,394 words
    • Article, Illustration
      Lock icon S’pore efforts to build digital talent ecosystem paying off
      521 23  -  By DIMITRI TSAMADOS The writer is a partner at CTPartners, an executive search firm listed on the NYSE WHEN social media and digital giants set up regional offices in Asia, Singapore is often their first port of call. Singapore is a
      AP  -  521 words
    • Article
      Lock icon China’s energy policies harming its neighbours
      570 23  -  By JOHN CK DALY The writer is a contributor at OilPrice.com, where the article first appeared CHINA’S voracious energy requirements have been attracting increasing attention of late, as Beijing attempts to secure any and all sources of power for its growing industrial base. Nowhere
      570 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8273 24 Transaction date: Jul 28 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 13.2 8Telecom 14.5 14.5 15.5 7.8 4.2 3 69.4 12 4.5 A-Sonic 6.8 6.6 6.8 1.9 2.5 48.7 62.5
      8,273 words
    • Article
      Lock icon SGX CATALIST
      1545 25 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 34 20 t 800 Super 22 +1 6833 22 20 21.5 22 7.6 39.3 5.5 3.7 t AA Grp 3.7 3.3 4 17.6 3.6
      1,545 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9952 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.39/ APS Alpha Fund (USD)!** 1.15/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.71/ Aberdeen Asset Mgt Asia Limited American Opp 0.6358/ Asian Credit Fund
      9,952 words
    • Article
      Lock icon GLOBALQUOTE
      226 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A43 43.5 48.5 3.6 8.1 3.4 112 55 22.5 Genting HK US$ US44.5 -0.5 ***** 45 43.5 44.5 45 2930.1 21 10 OGL Resources
      226 words
    • Article
      Lock icon SGX ETF
      876 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 113.5 114 115.5 518.1 1207 890 CIMBAsean40 100US$ US1119 +19 10 1119 1118 1116 1126 44.8 350 290 DBS STI
      876 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 26 In local curr In S$ In US$ dy yr dy yr dy yr Jul 27 Index Change Change Change Change Change Change World Index Preliminary 901.5 -1.1 0.4 -1.2 -2.7 -1.2 3.6 EAFE Preliminary 769.8 -1.1 -3.9 -1.3 -3.9 -1.3 2.3 Europe Preliminary 1129.4 -1.4
      374 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 26 CRUDE OIL PRODUCTS Jul 27 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 118.26 -0.11 WTI (Near Mth) 97.38 -2.13 Dubai (1-Mth F) 112.52 0.15 Tapis blend 123.07 0.15 Minas 119.07 0.15 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 108.78 -1.05 Jet Kerosene 131.50 -0.25 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon SICOM FUTURES
      159 26 Jul 28 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Aug 11 486.0 486.0 486.0 1 124 Sep 11 394 Oct 11 487.0 487.0 487.0 10 421 Nov 11 424 Dec 11 533 Jan 12 259 Feb 12 497.0
      159 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      59 26 As on 27 July 2011 www.smx.com.sg For membership please contact: Ivan Han, DID +65 9098 8455 membership@smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE CURRENCY Euro-US Dollar Sep-11 1.4509 1.4362 1.4367 1.4474 Aust-US Dollar Sep-11 1.096 1.0959 1.096 1.0869 BASE METALS Copper Cash Sep-11 9892 9751 9799
      59 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 26 As at 9am Jul 28 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.37 1.293 Can dollar 1.29 1.241 Euro 1.76 1.693 Sterling pound 2 1.924 NZ dollar 1.079 1.028 US dollar 1.219 1.173 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon SHIPPING TIMES
      5333 27 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination JIMRISE Muscat/Sharjah/Doha/Dammam JIMFLUSH
      5,333 words
    • Article
      Lock icon INTERBANK RATES
      177 26 Jul 28 $S Offer Bid 0vernight 0.02 0.01 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.25 0.15 1 month 0.30 0.20 2 months 0.35 0.25 3 months 0.42 0.32 6 months 0.54 0.44 9 months 0.75 0.55 12
      177 words
    • Article
      Lock icon CHICAGO BOT
      107 26 Jul 27 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 11 1375.75 1383.00 1388.00 1368.50 Sep 11 1371.75 1380.25 1386.00 1366.00 Nov 11 1380.50 1388.75 1394.50 1374.25 Jan 12 1390.50 1398.50 1403.25 1384.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Aug 11 56.40
      107 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      83 26 Jul 28 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 27.10.2011 0.23 0.17 0.16 1-Year BY*****X 02.05.2012 0.29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.88 103.91 103.90 5-Year N*****0W 1.125 01.04.2016 102.29
      83 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      448 26 Jul 28 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep11 99.6200 0 2717 Dec11 99.4950 0 4500 Mar12 99.4500 0 1553 Jun12 99.4000 0 2044 EUROYEN TIBOR FUTURES Sep11 99.6600 0 1176 Dec11 99.6600 0 1478 Mar12 99.6575 0 1823 Jun12 99.6550 0 1374 Sep12 99.5850
      448 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 26 Jul 28 Open High Sett STI Jul 3190 SIMSCI Jul 370.9 371.3 369.7 Taiwan Jul 308.6 309.0 306.2 Source: MF Global (S) Pte Ltd
      27 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2616 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 22.5 1 150 21 6.31 34 ASJ Hldgs W*****1 0.5 1 4 7 8.40 7 AlliedTech W*****2 1.7 unch 10 1 4 28 Asia Water Tech Ltd W*****8
      2,616 words
    • Article
      Lock icon INTERBANK CROSS RATES
      462 26 Jul 28 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.049 7.132 0.770 8.626 48.769 94.106 0.860 11.642 3.262 1.265 95.678 46.699 1.331 7.349 0.887 31.923 32.883 0.677 1.107 Canada 0.953 6.800
      462 words
    • Article
      Lock icon SIBOR
      85 26 Jul 28 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon PRECIOUS METALS
      138 26 Jul 28 GOLD (US$/oz) Jul 27 Jul 28 Hong Kong 1625.00 1618.00 Jul 26 Jul 27 London 1611.50 1616.61 1612.27 1617.38 Source: Thomson Reuters CAST BAR Jul 28 (S$) Selling Buying Kilobar 66,927.43 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 150 62 5gm 426 312 10gm 760
      138 words
    • Article
      Lock icon LONDON METALS
      70 26 Jul 27 27 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2620.75 2627.00 3 months 2644.00 2650.00 Copper, Grade A (US$/tonne) Cash 9756.00 9798.00 3 months 9779.00 9820.00 Lead (US$/tonne) Cash 2671.00 2700.25 3 months 2690.00 2720.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 26 Jul 28 S$ Bid Offer 1-month 1.2018 1.2021 2-months 1.2017 1.2021 3-months 1.2016 1.2019 6-months 1.2008 1.2012 Source: OCBC
      22 words
    • Article
      Lock icon PALM OIL
      65 26 Jul 28 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 11 3099 3119 3130 3095 328 2560 Sep 11 3116 3122 3127 3085 1600 ***** Oct 11 3115 3116 3127 3085 ***** ***** Nov 11 3115 3117
      65 words
    • Article
      Lock icon LIFFE
      81 26 Jul 27 COCOA (£/tonne) Close Prev High/Low Sep 11 1890 1873 1904/1864 Dec 11 1922 1905 1935/1895 Mar 12 1943 1926 1956/1915 May 12 1954 1936 1964/1925 COFFEE (US$/tonne) Close Pev High/Low Jul 11 2082 2128 Sep 11 2127 2173 2167/2102 Nov 11 2159 2200 2197/2134 Jan 12 2172
      81 words
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      26 27 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? To All Shipping Advertisers: Please call Joe Wong at 9620 1327
      26 words
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  • Page 29 Advertisements
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      Lock icon Page 29 Advertisements Column 1
      43 29 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY Art thou ready? m —iff itev >A Singapore has 20 exhibitions showcasing Indian art slated for this year itself KAJAL MAKES HER BOLLYWOOD 1 DEBUT GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
      43 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Lock icon Page 29 Miscellaneous Column 1
      337 29 CRYPTIC CROSSWORD Across 1 White collection in Paris fashion (7) 5 Those who care for Tamworth perhaps get its initial colour (7) 9 Have debt held by gent one means to cut (5) 10 Indian city bar with good supply (9) 11 Burial mound, see, for Spooner’s craft (10) 12
      337 words
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  • Page 31 Advertisements
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      Lock icon Page 31 Advertisements Column 1
      208 31 EARLY BIRD PROMOTION AT SOMERSET SERVICED RESIDENCES IN VIETNAM cm itn THA.VH Hip SOMERSET SERVICED RESIDENCE ENJOY SPECIAL DAILY RATES FROM USD 79 PER NIGHT* Somerset serviced residences combine the space and privacy of an apartment with the personalised services of a hotel so you will feel perfectly at home.
      208 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon Stores get hip and happenin’
      1680 34  -  The one-stop-shop business model of department stores of yore is in trouble. As customers become increasingly spoilt for choice from smaller speciality stores, outlets which don’t want to get mauled at the mall are upping their game to stay in it, reports MELISSA LWEE-RAMSAY reports
      PHOTOS: ROBINSONS MARINA BAY SANDS, COURTS ORCHARD, TAKASHIMAYA SC, TANGS STYLESPACE  -  1,680 words
    • ARTS/WINE
      • Article, Illustration
        Lock icon Liu Kang, the painter and seer
        986 29  -  Today marks the 100th year of iconic artist Liu Kang’s birth. A major exhibition of his works shows that the artist’s greatest contribution to Singapore may lie in the details, writes CLARISSA TAN writes CLARISSA TAN Liu Kang: A Centennial Celebration runs at the
        986 words
      • Article, Illustration
        Lock icon ‘Second wines’ rise to occasion
        1009 29  -  By N K YONG LOOKING for some wines to drink with Asian cuisine a few days ago I found some Bordeaux that I had not tasted for some time Le Carillon de l’Angelus 2003 and Chateau Cos d’Estournel 2001 indeed not since their en primeur
        AFP  -  1,009 words
    • ARTS
      • AROUNDTOWN
        • Article, Illustration
          Lock icon Tracks of time
          151 30 INSPIRED by the closing of the Malayan Railway sites in Singapore, photographer, Kwek Leng Joo, and renowned watercolourist, Ong Kim Seng, have reunited after a decade since their last joint-exhibition, to bring us Tracking Memories. A showcase of works that capture a slice of Singapore history and
          151 words
        • Article, Illustration
          Lock icon Flute lovers’ classic repast
          143 30 The Philharmonic Winds is bringing Roberto Alvarez (right), assistant principal piccolo at the Singapore Symphony Orchestra, in concert for flute lovers this Saturday at the Esplanade Recital Studio. Featuring Ramu Thiruyanam on marimba and Ralph Lim on clarinet, the performance comprises classic wind pieces such as
          143 words
        • Article
          Lock icon Great Expression on rice paper
          123 30 Featuring Lebanese artist Laudi Abilama, art gallery Instinc is presenting The Great Expression, an exhibition of prints on rice paper that have Singaporeans holding up signboards with messages much like during the days of The Great Depression. Coming from Lebanon, Abilama came to Singapore for
          123 words
        • Article
          Lock icon Tales that bind on the CausewayEXchange
          178 30  -  Compiled by NATALIE KOH As part of the CausewayEXchange Festival (CEX), which aims to build a bridge between Singapore and Malaysia through the arts and culture, The Actors Studio from Malaysia is presenting Food, Sex and Death. Written by playwrights Desmond Sim from Singapore,
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      • Article, Illustration
        Lock icon Reflections on self and state
        820 30  -  With unprecedented changes at the ballot box recently, expect a more charged reading of Wild Rice’s Man Theatre Festival plays on politics and other things political like sex and power, writes CHEAH UI-HOON writes CHEAH UI-HOON EVEN if you’ve already watched Teater Ekamatra’s Charged last
        PHOTOS: SINGAPORE THEATRE FESTIVAL  -  820 words
      • Article, Illustration
        Lock icon Wordless yet riveting
        633 30  -  By NATALIE KOH WHEN one thinks of a mime performance, an image of a white-faced man dressed in black and white naturally comes to mind, even if contemporary mimes have evolved from that. Yet Ramesh Meyyappan’s mime performance of Snails Ketchup last Saturday night brought colour to
        PHOTO: BEN TAN  -  633 words
      • Article, Illustration
        Lock icon Chinese takes centre stage
        737 30  -  By NATALIE KOH WHEN one door closes, another opens, and in this case, when one festival ends, another commences. Merely four days after the English Man Singapore Theatre Festival comes to an end, comes Singapore’s inaugural Chinese Theatre Festival. Opening on Aug 25, the festival offers
        737 words
    • FESTIVALS AROUND THE WORLD
      • Article, Illustration
        Lock icon A great day in French history
        1014 31  -  Bastille Day commemorates the uprising that marked the beginning of the French Revolution. By DEBBIE YONG By DEBBIE YONG The writer is a freelance contributor Brought to you by Ascott UNLIKE their Spanish and Italian neighbours, the French may not be instantly associated with
        AFP; AFP, REUTERS  -  1,014 words
    • ENTERTAINMENT
      • Article, Illustration
        Lock icon Flight of teen opera stars
        663 32  -  CD REVIEWS By ENYA LIM TENOR boybands are a common breed in mainstream music today, claiming a share of the pop opera or “popera” scene. The mass appeal of suavely packaged troupes such as Il Divo and the Canadian Tenors is quite irresistible for ladies
        PHOTI: AWIN TAN & JUSTIN TOH (THIRD PARTY ONLINE) AND UNIVERSAL MUSIC SINGAPORE  -  663 words
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        Lock icon The Cranberries regroup
        636 32  -  The multi-faceted Irish rock band play their first gig here in 10 years since breaking up, reports NATALIE KOH reports NATALIE KOH AFTER 13 years of playing together, The Cranberries separated from each other to the dismay of their fans. But now, after seven years, they have
        636 words
      • Article, Illustration
        Lock icon Retro romp on Apple
        805 32  -  GAMING REVIEWS By CHRISTOPHER LIM Sword of Fargoal Legends US$2.99 from iTunes app store Rating: BFrotz Free from iTunes app store Rating: B Imaginary Range HD Free from iTunes app store Rating: B- GAMING on Apple’s mobile iOS gadgets has moved beyond merely recycling old PC
        805 words
      • Article, Illustration
        Lock icon Mired in throes of gestation
        480 32  -  The Birth of Love By Joanna Kavenna Faber and Faber $16.95 (w/o GST) Pages: 308 Rating: B BOOK REVIEW By TAN TECK HENG WRITERS often bandy about unwieldy terms like “postmodern” to justify messy writing. Guilty as charged is 2008 Orange New Writers Prize winner,
        480 words
    • CINEMA
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        Lock icon Loose ends unravel local horror-comedy
        567 33  -  By DYLAN TAN LOCAL writer-director Chai Yee Wei’s sophomore feature, Twisted, has various things going for him. First, he’s got a marquee name in local comedian Mark Lee so that’s a box-office draw right there. Also, both horror films and comedies generally go down well
        567 words
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        Lock icon Daggers drawn in arthouse gem
        479 33  -  By DYLAN TAN AS FAR as gangster movies go, things probably won’t get more stylish than Brighton Rock. A remake of the classic 1947 black-and-white film starring Richard Attenborough which was based on the 1938 novel by Graham Greene, first-time director Rowan Joffe’s version is
        479 words
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        Lock icon Pre-eminent hero
        735 33  -  Sculpted-to-perfection Chris Evans wears the mantle of Captain America: The First Avenger with verve, reviews GEOFFREY EU reviews GEOFFREY EU WITHNationalDay fast approaching and Singapore flags poppingupfaster than daisies in springtime, the ionedsentimentsandunderlyingpatriotism so ubiquitous in Captain America: The First Avenger seem somehow more relevant. Even if you
        PHOTOS: PARAMOUNT PICTURES  -  735 words
      • Article, Illustration
        Lock icon Alien SFX vivified in Blu-ray
        466 33  -  BLU-RAY REVIEW By CHRISTOPHER LIM BLOCKBUSTERS such as Battle Los Angeles and 2012 would have looked quite barren without the magic of special effects wizards, but that doesn’t necessarily justify the duo behind those two movies, Strause brothers Colin and Greg, stepping out from behind
        466 words
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