The Business Times, 1 November 2011

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Microfilm: NL31699
Total Pages: 74
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Tuesday, November 1,
    23 words
  • Article, Illustration
    Lock icon Qantas takes off with heavy ratings baggage
    814 1  -  S&P downgrades outlook to negative, Moody’s places rating on review By VEN SREENIVASAN [SINGAPORE] The first Qantas flights started taking off yesterday, some 15 hours after labour tribunal Fair Work Australia ordered the airline to resume operations. But the unprecedented grounding of the
    AFP  -  814 words
  • Article
    Lock icon MICE business frisky with more space, events
    805 1  -  Industry players are upbeat that growth will continue into 2012 By NISHA RAMCHANDANI [SINGAPORE] The Republic’s push for a bigger slice of the meetings, incentive travel, conventions and exhibitions (MICE) pie is right on track as venues report brisk business this year with
    805 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 HST INDEX 2,855.77 (-49.95) HST INDEX FUTURES 2,852 (-50) HSIMSCI 327.00 (-6.04) HSIMSCI FUTURES 326.20 (-6.80) FOREX US$ S$ US$ (S$ per US$) 1.247 (US$/S$ per 1.604 2.001 EURO (US$/S$/E) 1.405 1.752 Foreign currency per US$ S$ YEN 78.80 63.20 RM 3.068 2.460 HK$ 7.767 6.229 BAHT 30.71
    141 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      338 2 MICE biz is frisky with more events SINGAPORE’S push for a bigger slice of the meetings, incentive travel, conventions and exhibitions pie is right on track as venues report brisk business this year with a fuller calendar of events. FRONT PAGE Qantas takes off with ratings baggage THE
      338 words
    • Article
      Lock icon Employment guidelines beefed up to curb discrimination
      519 2  -  Main aim is to keep the core of the country’s workforce Singaporean Reports by CHUANG PECK MING [SINGAPORE] Guidelines on fair employment practices have been beefed up to keep the country’s workforce Singaporean. While recognising the valuable role that foreigners play in filling
      519 words
    • Article
      Lock icon Surge in Q3 hiring with X’mas coming
      549 2 EMPLOYERS seem to have already started hiring extra workers to cope with demand in the build-up to the year-end holiday season. Preliminary figures released yesterday by the Ministry of Manpower (MOM) showed a surprisingly big jump in new jobs to 32,300 in the
      549 words
    • Article
      Lock icon 6-month business outlook turns dimmer: EDB poll
      617 4  -  All clusters in the manufacturing sector are more pessimistic By CHEN HUIFEN [SINGAPORE] In an about-turn from just three months ago, companies here are now expecting a dimmer outlook for the six months to March next year. About 17 per cent of manufacturers
      617 words
    • Article, Illustration
      Lock icon Suntec City to get $410m makeover
      583 4  -  Project set to boost retail space, spruce up exhibition venues By MINDY TAN [SINGAPORE] Suntec City is set to undergo a $410 million asset enhancement initiative (AEI) that is set to boost its retail space and spruce up its exhibition venues To be completed
      583 words
    • Article
      Lock icon Japan intervenes to tame rising yen ahead of G-20 meet
      530 4 Reuters [TOKYO] Japan sold the yen for the second time in less than three months, sending it lower, after it hit another record high against the dollar yesterday, saying it intervened to counter speculative moves that were hurting the economy.
      Reuters  -  530 words
    • Article
      Lock icon EMA mulls power imports, to consult private sector
      567 4  -  By LYNN KAN [SINGAPORE] The Republic has started weighing the possibility of electricity imports to further diversify its energy mix in the medi-um-term. The Energy Market Authority (EMA) will start consulting the private sector and relevant stakeholders by the end of the
      567 words
    • Article
      Lock icon Near-unanimous support for Do-Not-Call registry: Mica poll
      637 4  -  Reports by JOYCE HOOI [SINGAPORE] In an overwhelming vote against telemarketers, 97 per cent of respondents in a poll by the Ministry of Information, Communications and the Arts (Mica) said that they support the idea of a national Do-Not-Call (DNC) registry. The proposal
      637 words
    • Article
      Lock icon Telcos, insurers grapple with planned data law
      321 4 BIG business is eyeing the looming data protection law with no small amount of trepidation. Organisations on the compliance end of the proposed law have asked to be left to govern themselves or continue to be governed by existing industry regulations in their
      321 words
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      146 2 s ss N N B V L G A R A r Gerald Genta J? Oi B V LO A R I 'A Ya ss o. V L O A Ft \V r. V Gerald Genta i i, J w 4 i iw) u}\W W OCTO BI-RETRO MECHANICAL MOVEMENT WITH
      146 words
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      43 3 Fact: fami es grow, Assertion: so should their Asset Management Wealth Management Asset Services investments h n .y i. Pictet Cie, Geneva Private Bankers since 1805 Hong Kong: +852 3191 1805 Singapore: +65 6536 1805 askasia@pictet.com www.pictet.com PICTET 18 0 5 Independent minds
      43 words
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      190 5 DBS TREASURES £9 PRIVATE CLIENT 4 r a V. i rjt.pcj*. -1 We are DBS Treasures Private Client. In a complex and fast-paced region, managing wealth requires the intuitive expertise of a bank that's born and bred in Asia. DBS Treasures Private Client is a comprehensive wealth management platform that
      190 words
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  • COMPANY NEWS
    • Article
      Lock icon S’pore market value up 6.14% in Oct to $759b
      745 6  -  Of ST Index’s 30 component stocks, only StarHub and SIAEC lose ground By JAMIE LEE SINGAPORE’S market value rose 6.14 per cent in October reversing course from the last two months of losses. The boost in market value reflected a few
      745 words
    • Article
      Lock icon MAS reprimands OCBC for Sept 13 system-wide failure
      417 6  -  The authority also directs the bank to make improvements By SIOW LI SEN THE Monetary Authority of Singapore (MAS) has reprimanded OCBC Bank for its system-wide failure last month and directed it to make improvements. In a statement yesterday, MAS said it
      417 words
    • Article
      Lock icon MF Global files for bankruptcy protection
      205 6 THE Singapore Exchange (SGX) has directed MF Global Singapore to reduce existing positions and not to undertake new derivative positions with immediate effect after its distressed US parent filed for Chapter 11 bankruptcy protection in a New York bankruptcy court yesterday. The Singapore office
      205 words
    • Article
      Lock icon CMT to raise up to $300m
      212 6  -  By UMA SHANKARI CAPITAMALL Trust (CMT) is looking to raise up to $300 million through a private placement for asset enhancement works and to meet its capital expenditure needs, the retail trust said yesterday. The $300 million placement includes an upsize option of about
      212 words
    • Article, Illustration
      Lock icon NOL in the red in Q3; sees full-year loss
      442 8  -  Q3 loss of US$91.1m blamed on rising fuel costs and weak freight rates By MICHELLE TAN NEPTUNE Orient Lines has chalked up a net loss of US$91.1 million for the third quarter ended Sept 23, in contrast to a US$282.3 million
      BLOOMBERG  -  442 words
    • Article
      Lock icon Higher costs hit STATS ChipPAC's Q3 earnings
      540 8  -  Net income of semiconductor tester dives 26% By VICTORIA HO STATS ChipPAC’s net income for its fiscal third quarter ended Sept 25 this year dived 26 per cent to US$18 million, from US$24.2 million a year ago. Although net revenues inched up 2.6
      540 words
    • Article
      Lock icon Great Eastern Q3 profit drops 76% to $40.4m
      505 8  -  Decrease is mainly due to steep falls in the market value of its assets By CONRAD TAN GREAT Eastern Holdings’ third-quarter net profit fell 76 per cent to $40.4 million from a year ago, mainly due to steep falls in the market
      505 words
    • Article
      Lock icon ICBC Bank sells 1.5 billion CNH subordinated bonds
      385 8  -  By SIOW LI SEN CHINA’s ICBC Bank, the world’s largest bank by value, yesterday sold 1.5 billion CNH subordinated bonds amid strong demand. Issued by its wholly owned ICBC (Asia), orders amounted to 5.1 billion CNH and Singapore investors were among the
      385 words
    • Article
      Lock icon GLP talking to potential tenants for its Saitama logistics facility
      345 8  -  By FELDA CHAY GLOBAL Logistic Properties (GLP) said yesterday that it has begun talking to potential tenants for its planned US$155 million (S$186.2 million) largescale, multi-tenant logistics facility in Japan’s Saitama prefecture. This is the first development project that the
      345 words
    • Article
      Lock icon HK-listed Boer to offer $154m for SMB United
      382 12  -  Cash bid of 32 cents per share is 16.4% more than Friday’s closing price By JAMIE LEE HONG Kong-listed Boer Power Holdings which makes and sells electrical distribution systems in China intends to make a $154 million cash offer for switchgears maker
      382 words
    • Article, Illustration
      Lock icon Raffles Medical posts 10.4% rise in Q3 profit
      364 12  -  By NISHA RAMCHANDANI PRIVATE healthcare provider Raffles Medical Group (RMG) posted a 10.4 per cent increase in net profit to $11.79 million for the three months ended Sept 30, 2011 as both its hospital services and healthcare services divisions reported revenue growth.
      YEN MENG JIIN  -  364 words
    • Article
      Lock icon Restructured Eastgate posts full-year profit of $799,000
      317 12  -  But firm’s removal from SGX watch-list still an uncertainty By DOLLY CHIA EASTGATE Technology, which has restructured itself after its placement on the Singapore Exchange (SGX) watch-list in June 2008, has posted a net profit attributable to sharehol- ders of $799,000 for the
      317 words
    • Article
      Lock icon Guangzhao Industrial faces winding-up possibility
      380 12  -  By LYNETTE KHOO GUANGZHAO Industrial Forest Biotechnology Group is at risk of being liquidated after a creditor applied to the court to wind up the company. An originating summons was issued to the group on Oct 28 and the court hearing will take place on
      380 words
    • Article
      Lock icon Hartawan buys Indonesian group with gold concessions in RTO deal
      221 12  -  By LYNN KAN PROPERTY leasing company Hartawan Holdings is now digging into the gold mining trade with the acquisition of an Indonesian group for $300 million in a reverse takeover (RTO) deal. It will buy all the shares of Wilton
      221 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 12 DAILY
      5 words
    • Article
      Lock icon FALLS
      116 12 BY CENTS CLOSE DOWN GLD 10US$ *****-274.3 -1.3 DBXT E50 10US$ 3823-197.0 -4.0 JMH 5078-192.0 -2.9 JSH 2945-142.1 -3.7 DBXT SPASX200 10US$ 3349-122.2 -2.8 IS S&P500 *****-102.2 -0.6 Jardine C&C 4550-100.0 -2.2 DBXT MSKorea 10US$ 5554 -74.8 -1.1 DBXT MSAsExJp 10US$ 2964 -63.6 -1.7 DBXT MSJAP 10US$ 3563 -62.3
      116 words
    • Article
      Lock icon Quotation of taxable book-entry Singapore Government Bonds (Oct 31, 2011)
      280 12 CLOSING PRICES* (EXCLUDING ACCRUED INTEREST) GROSS REDEMPTION YIELD p.a.) NUMBER OF DAYS OF ACCRUED INTEREST INTEREST PAYMENT DATES AMOUNT ($m) COUPON RATE p.a.) YEAR RAISED ISIN CODE MATURITY DATE 01.04.2012 N*****0A 2007 2 5/8 5100.00 1/10 1/4 30 100.97 0.30
      280 words
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      238 6 Phillip Futures Your Trusted Trading Partner 28 Years for the Past 2008 2011 Phillip Futures offers: 1994 1999 2001 2002 2003 2007 1987 1993 24-hour broking and execution services Gateway to more than 17 exchanges globally Large selection of global futures, options, FOREX, commodities and precious metal products Wide array
      238 words
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      Lock icon Page 6 Advertisements Column 2
      207 6 •OEO-OJI V*' (ME®' <>*< c& > fl weWhat makes an MBA program "Executive"? We believe it's about experience. Behind the Rutgers Executive MBA program stands the experience and global reputation of Rutgers University, the 8th oldest university in the United States. Our professors are both highly regarded academics and global
      207 words
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      76 7 In the future, South-South trade will be norm not novelty. m 0 v m. ■s Direct trade between fast-growing nations is reshaping the world economy. HSBC is one of the leading banks for trade settlement between China and Latin America. There's a new world emerging. Be part of it. There's
      76 words
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      96 8 r vc>r. lie' J ,»V' ■V t "k V/ f k« ,.,:u rr 'A r r it -4 ■C si-: J.."::"-': rr. 18'' ANY ACCOUNTANT CAN CLAIM TO UNDERSTAND YOUR BOOKS BUT DO THEY UNDERSTAND YOUR BUSINESS? ■> m V* s £>> 52 3-Sli OTS u S&P"! r V V.-Vifv
      96 words
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      89 9 In the future, there will be no markets left waiting to emerge. r* CO c o 0 &7 a <5 0 By 2050, 19 of the 30 largest economies will be in countries we now call 'emerging". HSBC's international network can help you discover new markets wherever they emerge next.
      89 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Traders turn cautious, STI falls 50 pts
      598 10  -  Scepticism over the European bailout deal and weak sentiment grip regional markets STOCKS R SIVANITHY Senior Correspondent MONDAY’scol-umn discussed the likelihood that caution and scepticism might creep into trading this week, given that the European bailout deal announced last week was long on
      Source: Bloomberg  -  598 words
    • Article
      Lock icon Profit-taking hits Sing dollar, won on intervention talk
      624 10 CURRENCIES [SINGAPORE] The Singapore dollar and the South Korean won shed gains yesterday as investors took profits from last month’s rally in emerging Asian currencies, refraining from buying as speculation grew on possible intervention by some regional central banks. Some dealers said
      624 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 21,678 21,678 95,508 95,508 Manufacturing 181,439 3,248 184,687 231,965 80 232,046 Commerce 140,803 3,809 144,612 134,320 423 134,742 Tpt/Stor/Comms 205,354 4,933 210,287 196,040 332 196,372 Finance 22,216 10 22,226 201,981 2 201,983 Construction 95,552 10,566
      121 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 9 4 0 0 0 2 9 4 Manufacturing 32 74 35 3 2 8 35 76 43 Commerce 9 31 15 3 3 1 12 34 16 Tpt/Stor/Comms 9 24 8
      186 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 10 Stock name Close Change CapMallsAsia 1.365 +0.030 CapitaLand 2.730 -0.020 CapitaMall 1.875 -0.015 CityDev 10.910 +0.130 ComfortDelGro 1.400 +0.010 DBS Grp 12.360 -0.440 F&N 6.160 -0.070 GLP 1.760 +0.010 Genting SP 1.735 -0.050 Golden Agri 0.650 -0.030 HK Land 5.300 +0.050 JMH 50.780 -1.540 JSH 29.450
      113 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 10 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      64 10 Oct 31 VALUE CLOSE BT OB/OS 461.00-301.00 BT CADI -*****.00-171.00 BT 10-day MA -*****.00 +46.00 FTSE ST Mid Cap 633.69 -12.32 FTSE ST Small Cap 430.06 -4.49 FTSE ST All Share 685.54 -11.90 FTSE ST China Top 199.17 -4.01 FTSE ST China 238.45 -0.91 FTSE ST Catalist
      64 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 10 VOLUME Golden Agri 98,873,000 Genting SP 74,380,000 S i2i 69,562,000 PSL Hldgs 63,572,000 Noble Grp 45,903,000 HPH Trust US$ 35,679,000 Yangzijiang 31,781,000 Digiland 29,016,000 IEV 21,260,000 EastgateTech 20,833,000 VALUE($) Genting SP 130,045,446 Wilmar 91,923,656 DBS Grp 78,410,600 Noble Grp 73,180,775 Golden Agri 64,673,900 SingTel 63,962,454 UOB 63,320,362
      59 words
    • Article
      Lock icon RISES
      113 10 BY CENTS CLOSE UP DBS Bk 4.7% NCPS 100 ***** 110.0 1.0 OCBC Bk 5.1%NCPS 100 ***** 108.0 1.0 DBXT MSMSIA 10US$ 1268 79.8 5.3 SIA.ES.1111 1186 58.0 5.1 SIA.ES.1110 1185 57.0 5.1 OCBC Bk 4.5%NCPS 100 ***** 50.0 0.5 DBXT S&P Short 10US$ 4177 32.4 0.6 DBXT MSBrazil
      113 words
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      293 10 global markets within reach million opportunities await x X way to trade Standard Chartered Here for good It's good to trade online with no minimum commission. We're the only bank to offer no minimum commission on small or large transactions. Zero custody fees Transfer your shares to our custody at
      293 words
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      13 10 I Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Apology Notices
      13 words
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      89 11 WE'RE ZOOM/NO //VTO >1 BRAND NEW ERA, EUROKARS OROUR WELCOMES MAZOA /A/TO /TS O/ST/NOU/SHEO STABLE //V S/NOAPORE. A J f t v. j 4- f > <V K\ EIP0I04RS GROUP <§ Eurokars Group Driving luxury experiences since 1985. Porsche Saab Opel Rolls-Royce MINI Mazda Corporate Head Office: 12 Sungei Kadut
      89 words
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      133 12 r4 r HASHIMA DESSERT FOR JUST $2 c 2 SWEET FOR 38 Enjoy Mandarin Orchard Singapore's signature dessert, Hashima, for just $2*, when you dine at Mandarin Court, Triple Three or Chatterbox with a minimum spend of just $38*. This house speciality, which is light on the palate, would be
      133 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Bank lending in September speeds up to hit $405.4b
      535 13  -  Jump of 3.1% from August driven mainly by surge in business loans Reports by CONRAD TAN BANK lending continued to pick up speed in September compared to August, as business loans expanded rapidly even as consumer loan growth slowed. Total Singapore-dollar
      535 words
    • Article, Illustration
      Lock icon S’pore, UK sign deal to enhance business, research
      493 13  -  By LEE U-WEN SINGAPORE and the United Kingdom have signed a new economic and business partnership agreement that both countries hope will pave the way to strengthen business cooperation, grow existing research links and conduct more frequent policy exchanges. The deal was
      JOSEPH NAIR/THE STRAITS TIMES  -  493 words
    • Article
      Lock icon New home loans continue to dip in Q3
      349 13 THE volume of new home loans granted by banks here continued to fall in the third quarter, as volatile financial markets made both borrowers and lenders more cautious in the housing market. Some $12.41 billion in new housing loans was granted in
      349 words
    • Article
      Lock icon New energy initiatives launched
      223 13 SINGAPORE gets a new, green energy testing site on Pulau Ubin and two more models of electric vehicles. These initiatives were announced at the opening of the Singapore International Energy Week. Activities will be held at Suntec City, Marina Bay Sands and Pan Pacific Hotel. The
      223 words
    • Article
      Lock icon 5 firms named SME1 winners
      361 13 Award recognises social responsibility, sustainable growth FIVE companies have emerged as the top winners for being the most socially responsible and successful small and medium-sized enterprises in the inaugural SME1 Asia Awards. The award is given by the APF Group to companies that have implemented
      361 words
    • Article
      Lock icon Bukom refinery fully operational in Q4
      488 13  -  Shell signals commitment to grow integrated Singapore refinery/petrochemical hub By RONNIE LIM SHELL is set to get its Bukom refinery/petrochemical site fully operating again this quarter following the Sept 28 fire there. The incident has also not deterred it from making more investments here,
      488 words
    • Article
      Lock icon Price isn’t tops in customer satisfaction
      467 13  -  Better to enhance product, service in F&B, tourism: survey By KELLY TAY WHILE price discounts may be a useful tactic to attract new customers, this strategy is increasingly becoming less effective for retaining them. In fact, even as customers in the food beverage (F&B)
      467 words
    • Article
      Lock icon Pessimism grows for businesses and consumers alike
      440 13  -  By KELLY TAY MORE Singapore businesses and consumers are seeing their glasses as halfempty, reflecting their sliding confidence in the country’s economic outlook. This is according to findings from two separate surveys by D&B and Nielsen. The former surveyed 200 senior executives across
      440 words
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      893 14 CLEAN ENERGY EXPO I 1 -3 November 2011, Suntec Singapore A S J A i V, 1 VI These techtalks are open to all visitors to the Trade Fair. On the road to sustainable mobility Prominent Electric Vehicle (EV) players will take visitors on the journey to sustainable mobility trends
      893 words
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      694 15 «5 www.cleanenergyexpoasia.com CLEAN ENERGY EXPO 1 SINGAPORE PAVILION AT (T1 X 4k CLEAN ENERGY EXPO ASIA 2011 w -JSingapore aims to be a global hub where clean energy products are developed, made, and exported overseas. Since Singapore identified the Clean Energy industry as a strategic growth area for the economy
      694 words
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  • SME Inc
    • Article, Illustration
      Lock icon JK Technology makes a comeback
      805 16  -  Pummelled by the global financial crisis, home-grown IT services firm restructures and is now again in the pink of health. It is seeking a Catalist listing, reports WINSTON CHAI ADOUBLE-WHAMMYof over-ambition and the global financial malaise brought an end to JK Technology’s flagship listing, but
      805 words
    • Article, Illustration
      Lock icon Pipe-layer with personal touch
      1237 17  -  Ley Choon Group plays the human resources card with panache to fulfil clients’ needs consistently By HEBERT CUNDRA, KOH WAN LING, YEO WEI JIAN LEY Choon Group has built up a reputation for superior speed, flexibility and reliability by focusing on its people and technology. And
      ARTHUR LEE  -  1,237 words
    • Article, Illustration
      Lock icon Engineer makes building progress
      1058 18  -  Ng Yek Meng’s construction company is among Singapore’s top 50 most enterprising privately held outfits By GAN JING WEN, SOH CHIN YING, WANG JIAZHAO LIKE many of his peers during his tertiary school days, Ng Yek Meng, managing director of Progressive Builders Pte Ltd, initially chose
      FILE PHOTO  -  1,058 words
    • Article, Illustration
      Lock icon Moving with the times
      858 18  -  By GAN JING WEN, SOH CHIN YING, WANG JIAZHAO IT all started with the purchase of a lorry back in 1968. After gathering some experience working as a lorry driver, Mr Lim Chai Kiui decided to strike out on his own and founded the present day
      ARTHUR LEE  -  858 words
    • Article
      Lock icon For the good of business and society
      475 18 ASK NUS PROFS Q: What are the potential pitfalls or sensitivities to look out for when a company considers plans to start, or increase its philanthropic efforts? I get the feeling that it is mostly not altruistic and many corporate organisations have publicity
      475 words
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      182 16 ORLANDO FOR THE FAMILY =3 I 1 2 i >A* ORLANDO PREMIUM 7-SEATMPV THE NEW ORLANDO IS A PREMIUM 1.8L7-SEAT MPV that offers amazing flexibility with fold flat seats and clever storage compartments. It's especially ideal for any family on the go with its smart NavTrak CPS navigation and infotainment
      182 words
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      38 17 SLEEP ON WATER! ASTHMATIC? Waterbeds are made from hygienic vinyl and removable washable covers, preventing the accumulation of harmful dust mites and particles. FANTASY WATERBEDS SLEEP CENTRE #01-15/16 The Furniture Mall (The Plaza) 7500D Beach Road Tel: 6469-1381
      38 words
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      141 17 WINNER" IG Markets I Investment j[ Trends MARKETS Sept 2010 Singapore CFD Report Highest overall We recognise differences, So do our dealing apps. Trade on the move with Singapore's No.1 for CFD Customer Satisfaction. Our free FX/CFD trading apps are tailored for iPhone, BlackBerry and Android. Take a position at
      141 words
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      93 18 Started out as a fortnightly column, ‘Ask NUS Profs’ will now be a weekly collaboration with NUS Business School. Every week, a panel of professors from the school will address business-related questions relevant to SMEs. If you manage a business and have a question to ask the panel, please e-mail
      93 words
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  • SINGAPORE EXPERIENCE AWARDS
    • Article, Illustration
      Lock icon Offering one-of-a-kind experiences
      985 19  -  Meetings tend to constitute the majority of the MICE events hosted at the 400-room Fullerton Hotel, reports NISHA RAMCHANDANI WHILESingapore’smeetings, incentive travel, conventions, and exhibitions (MICE) sector has seen new entrants in recent years, it must continue to enhance and upgrade its offerings to remain a key
      985 words
    • Article, Illustration
      Lock icon Mercury’s Blueprint for success in the fashion industry
      991 19  -  By NISHA RAMCHANDANI FASHION trade show Blueprint is seeking to go bigger and better next year as it strives to introduce the world to Singapore’s local talent as well as put Singapore on the map as the region’s top fashion destination. “We
      991 words
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      120 19 This is the final instalment in a 5-part series brought to you by the Singapore Tourism Board As the most prestigious awards platform in Singapore’s tourism industry, Singapore Experience Award recipients individuals and organisations from sectors encompassing Attractions, Business Travel and MICE, Dining, Education, Entertainment, Healthcare, Hospitality and Retail are
      120 words
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  • ECONOMY WATCH
    • Article
      Lock icon OECD warns against EU failure to implement agreed measures
      580 20  -  It says short-term economic uncertainties have ‘risen dramatically’ By ANTHONY ROWLEY in Cannes ON the eve of this week’s G-20 summit in Cannes, the OECD warned yesterday that failure by leaders of the eurozone countries to fully implement the cri-sis-averting measures
      580 words
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      Lock icon Thais hope to have flooded factories running in 3 months
      462 20 Reuters [BANGKOK] Thailand hopes that industrial estates swamped in the country’s worst floods in half a century can be up and running again within three months, the prime minister said yesterday, as the centre of the capital finally appeared to
      Reuters; REUTERS  -  462 words
    • Article
      Lock icon Don’t talk down economy: Cameron
      231 20 Reuters [LONDON] British Prime Minister David Cameron has urged colleagues at home and abroad to avoid talking down domestic and global economic prospects. Writing in the Financial Times newspaper yesterday, he said that pessimism and fear can become self-fulfilling prophecies in global markets. “At the
      Reuters  -  231 words
    • Article
      Lock icon Chi-X soft launches with 8 ASX counters
      483 20 Reuters [SYDNEY] Chi-X Australia has kicked off its six-day “soft launch”, offering trading in eight securities listed on the Australian Securities Exchange (ASX). A total of 22 brokers have signed up for the soft launch, lured by the promise of new orders types,
      Reuters  -  483 words
    • Article
      Lock icon Market becomes less sure of an RBA rate cut today
      562 20 Bloomberg [SYDNEY] Bond investors are showing doubts that the Reserve Bank of Australia would cut the developed world’s highest benchmark interest rate as progress on solving Europe’s debt crisis spurs the biggest debt-mar-ket sell-off this year. Yields on Australian three-year
      Bloomberg  -  562 words
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  • Page 21 Advertisements
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      37 21 A NEW NAME IN WEALTH MANAGEMENT THAT'S OVER 300 YEARS OLD. Introducing Coutts, a name synonymous with banking excellence for over 300 years with an unrivalled reputation for managing the unique financial needs of exceptional people. www.coutts.com
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Tenaga shares surge even as earnings dive
      474 22  -  Company warns of gas shortage hurting results, but analysts remain bullish ByS JAYASANKARAN in Kuala Lumpur SHARES of national power producer Tenaga Nasional rose 2.05 per cent yesterday to RM5.98, recovering from a loss of almost 3 per cent in early trading after
      BLOOMBERG  -  474 words
    • Article
      Lock icon OSK merger to boost RHB Cap’s market position
      509 22  -  By PAULINE NG in Kuala Lumpur A SUCCESSFUL merger of OSK Investment Bank’s (OSK IB) businesses with its own would enhance RHB Capital’s position in the capital markets, and in the process create the largest broker in Malaysia, displacing CIMB Investment Bank
      509 words
    • Article
      Lock icon BII profit for first 9 months jumps 34%
      472 22  -  By MALMINDERJIT SINGH [SINGAPORE] PT Bank Internasional Indonesia Tbk (BII) announced yesterday a 34 per cent increase in its net profit for the first nine months ended Sept 30. The bank recorded its consolidated net profit of 555 billion rupiah (S$78.5 million)
      472 words
  • Page 22 Advertisements
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      21 22 How to run a business without running out of ideas SMENov/Decissueoutnow! Producedby +Aroundtheworldintheirshoes:Charles&Keithtracksacrosstheglobe. +0=4<;<<48,!<.",<41;19,!<.#’!4<<,1<;.1( +6.7<.1,".<;4<,-,45!41-2:;5-#,54<;.1!=;%!;1*=;14( +6.7<.!;&,:%3.:#%.<,1<;45-;!<#;2:<.#( +)4#<1,#;1"$.#!://,!!( AvailableatCaltex,Esso,ShellandSPCpetrolstations, 7ElevenandCheersstoresandleadingbookstores Tosubscribe($30forsixissuesdeliveredtoyourofficeorhome),pleasecall6388-3838. GetacomplimentarycopyifyouareaTNTclient,whilestockslast!
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      Lock icon Page 22 Advertisements Column 2
      724 22 >®' MATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF ORCHID SEAWAYS PTE LTD (In Members' Voluntary Liquidation) (Co. Reg. No. *****6766D) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the
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      Lock icon Page 22 Advertisements Column 3
      365 22 DBS BANK LTD. (Incorporated in the Republic of Singapore) NOTICE OF CLOSURE OF BOOKS FOR S$ 1,100,000,000 6% NON-CUMULATIVE PREFERENCE SHARES (“PREFERENCE SHARES”) Notice is hereby given that the Share Transfer Books and Register of Preference Shareholders will be closed on May 6, 2008. Duly completed transfers received by the
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      4122 23 VOLUNTARY CONDITIONAL CASH OFFER by (Incorporated in Singapore) (Company Registration No.: *****1605H) for and on behalf of UNIDUX, INC. (Incorporated in Japan) an indirect wholly-owned subsidiary of AVNET, INC. (Incorporated in the State of New York, the United States of America) to acquire all of the issued and paid-up ordinary
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  • CHINA/INDIA
    • Article, Illustration
      Lock icon China in talks on iron ore pricing
      615 24 It’s working with mining giants on new pricing model as cash market dives Bloomberg [SHANGHAI] China, the world’s biggest iron ore buyer, said it’s held talks with Vale SA, Rio Tinto Group and BHP Billiton Ltd to set up a new pricing mechanism
      Bloomberg; AFP/BHP BILLIT0N  -  615 words
    • Article, Illustration
      Lock icon China story getting stale: ING economist
      457 24  -  By MICHELLE TAN [SINGAPORE] China is becoming a much more boring story and the excitement is now gone, says Timothy Condon, ING Bank’s chief economist (Asia). Over the past decade, China was sold as the world’s best growth story. In particular, China’s accession to
      457 words
    • Article
      Lock icon GDF Suez eyes Asian access with CIC venture
      525 24 AP [BEIJING] French power and gas company GDF Suez wants its new alliance with China’s sovereign wealth fund to bring in Chinese partners to help develop global energy projects and expand its Asian presence, the company’s chairman said yesterday. China Investment Corp
      AP  -  525 words
    • Article
      Lock icon New China bank watchdog a calm captain
      701 24 Reuters [SHANGHAI] China’s new banking regulator Shang Fulin will bring experience in pressing reforms and a hallmark cool-headed approach as he takes oversight of a sector trying to digest the effects of a lending binge that has left banks with mounting piles of
      Reuters  -  701 words
    • Article
      Lock icon India pulls off showcase Grand Prix
      550 24 Praises flow as private sector project restores country’s image AFP [GREATER NOIDA] India is known for a love of sports and an inability to organise them but that perception shifted last weekend with a successful Formula One grand prix. The country cringed over New
      AFP  -  550 words
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  • WORLD
    • Article, Illustration
      Lock icon Japan ‘intends to join’ TPP expansion talks
      690 25  -  PM Noda to declare Tokyo’s intention at this month’s Apec summit in Hawaii, says Kyodo report By ANTHONY ROWLEY in Tokyo JAPANESE Prime Minister Yoshihiko Noda will soon declare that his government intends to join the Trans-Pacific Partnership (TPP) enlargement negotiations. According to
      REUTERS  -  690 words
    • Article
      Lock icon Radiation leak from Fukushima into sea a record
      346 25 Study shows it’s 20 times the amount estimated by Tepco Bloomberg [TOKYO] The destroyed Fukushima nuclear plant in Japan was responsible for the biggest discharge of radioactive material into the ocean in history, a study from a French nuclear safety institute said.
      Bloomberg  -  346 words
    • Article
      Lock icon Job market won’t reach pre-crisis level for 5 yrs
      290 25 Bloomberg AFP [LONDON] The global job market may not regain its pre-crisis level for at least five years, one year later than previously expected, increasing the potential for social unrest, the International Labour Organization said. The world economy is likely to
      Bloomberg; AFP  -  290 words
    • Article
      Lock icon Europe can solve economic problems: Hu
      416 26 Reuters [VIENNA] China thinks that its strategic partner Europe has the capacity to overcome its economic problems, President Hu Jintao said yesterday, but gave no indication whether Beijing could play a major role in helping solve the eurozone’s debt crisis. “We are following the
      Reuters  -  416 words
    • Article
      Lock icon Top credit ratings firms to be supervised by EU regulator
      363 26 On-site inspections to assess compliance with governance rules on the cards Bloomberg [LONDON] The three main credit ratings companies face direct supervision from a single European Union market regulator for the first time, after registering with the European Securities and
      Bloomberg  -  363 words
    • Article, Illustration
      Lock icon Europe jobless rising while inflation stays at 3-year high
      478 26 Bloomberg [ZURICH] European inflation unexpectedly remained at a three-year high and unemployment increased, complicating the European Central Bank’s (ECB) task of bolstering the region’s faltering economy. The inflation rate in the euro area held at 3 per cent in October from
      Bloomberg; REUTERS  -  478 words
    • Article
      Lock icon Spanish economy stalls in third quarter
      260 26 Bloomberg [MADRID] The Spanish economy stalled in the third quarter as unemployment surged, adding to the Socialist government’s difficulties three weeks before a general election. Gross domestic product stagnated from the previous quarter, when it grew 0.2 per cent, the Bank of Spain in
      Bloomberg  -  260 words
    • CORPORATE NEWS
      • Article
        Lock icon TDK to cut 12% of worldwide workforce as profit dips
        138 26 Bloomberg [TOKYO] TDK Corp, the world’s biggest maker of magnetic heads for disk drives, plans to cut about 11,000 jobs and sell its organic LED display business after profit plunged. About 12 per cent of its workforce may be cut
        Bloomberg  -  138 words
      • Article
        Lock icon Panasonic expects US$5.3b loss, shifts base to S’pore
        145 26 AFP [TOKYO] Japanese electronics giant Panasonic yesterday said that it expected to lose US$5.3 billion this year as a strong yen and one-off charges would reverse an expected profit. The company also said that it would be shuttering plants and shifting its
        AFP  -  145 words
      • Article
        Lock icon Honda H1 net profit plunges 77.4%
        112 26 AFP [TOKYO] Honda, Japan’s third-biggest carmaker, yesterday said that net profit for the fiscal first half plunged 77.4 per cent year-on-year, as it grapples with the impact of the March earthquake and a strong yen. Honda said that its net income in the first
        AFP  -  112 words
      • Article
        Lock icon Credit Suisse to cut another 1,000 jobs: report
        67 26 Reuters [ZURICH] Swiss bank Credit Suisse will axe another 1,000 jobs when it presents third-quarter results today, a Swiss newspaper reported without revealing its sources. The new cuts, coming on top of those announced in July, will mainly occur in the US
        Reuters  -  67 words
      • Article
        Lock icon Barclays quarterly pretax profit up 5%, beats estimates
        106 26 Bloomberg [LONDON] Barclays plc, Britain’s second-biggest bank by assets, reported a quarterly profit that beat estimates. Pretax profit before debt valuation adjustments in the three months to Sept 30 increased by 5 per cent to £1.3 billion (S$2.6 billion) from £1.27 billion
        Bloomberg  -  106 words
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      Lock icon Page 25 Advertisements Column 1
      106 25 a GAIN THE ©SINGAPORE WORKFORCE SKILLS QUALIFICATIONS TO BE ON TOP W k /T fL v m I t SHARPEN YOUR WORKFORCE'S COMPETITIVE EDGE To stay ahead of competition, companies need to ensure that their workforce is equipped with the relevant soft skills and technical skills. Investing in the right
      106 words
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      34 26 Big Walk goes mobile Download from the App Store and get: The latest news on the Big Walk The latest promotions and discounts from our generous sponsors Organiser: Title sponsor: On Air Partner: Partners:
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  • AVIATION
    • Article
      Lock icon BOC Aviation, Avolon secure new capital
      580 27  -  GIC among PE firms to back Avolon, with a US$300m equity commitment By VEN SREENIVASAN [SINGAPORE] Singa-pore-based BOC Aviation and Dublin-based Avolon Aerospace have separately secured significant new capital in recent days to fund aircraft acquisition. BOC Aviation yesterday announced that it had closed
      580 words
    • Article, Illustration
      Lock icon ANOTHER A380 CONNECTION AT CHANGI
      160 27  -  By VEN SREENIVASAN SINGAPORE’S Changi Airport yesterday welcomed the first Lufthansa A380 flight from Frankfurt. Lufthansa flight LH778 landed at Changi with 525 passengers at 5.13pm. Lufthansa will operate the A380 aircraft on an existing Singapore-Frankfurt service. The daily flight departs Changi Airport at 11.55pm
      CHANGI AIRPORT GROUP  -  160 words
    • Article
      Lock icon Changi in JV with Russian tycoon, Sberbank
      300 27 They will develop airports for 2014 Winter Olympics Reuters [MOSCOW] Russian tycoon Oleg Deripaska, state lender Sberbank and Singapore’s Changi Airport will create an airport business joint venture aimed at developing airports that will be used for the 2014 Winter Olympics in the
      Reuters  -  300 words
    • Article, Illustration
      Lock icon 26 nations to lodge protest against EU carbon law
      824 27 Reuters [BRUSSELS] Twenty-six nations are expected to lodge a formal protest tomorrow against a European Union law to make airlines pay for carbon emissions adding to transatlantic tension on an issue that has triggered a tit-for-tat bill in the US Congress.
      Reuters; BLOOMBERG  -  824 words
  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      337 27 WATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF AUGUREASIA PTE. LTD. (Co. Registration No. *****0129H) IN MEMBERS’ VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company held at 51 Goldhill Plaza, #22-06/07 Singapore *****0, on 28thOctober 2011, at 10am, the following
      337 words
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      Lock icon Page 27 Advertisements Column 2
      362 27 CONTINENTAL CHEMICAL CORPORATION PTE LTD (RECEIVER APPOINTED OVER THE CHARGED ASSETS) (CO REG NO. *****9372Z) NOTICE OF MEETING OF CREDITORS SCHEME OF COMPROMISE AND ARRANGEMENT PROPOSED BY CONTINENTAL CHEMICAL CORPORATION PTE LTD (THE “COMPANY”) TO ITS CREDITORS PURSUANT TO SECTION 210 OF THE COMPANIES ACT (CHAPTER 50) (THE “SCHEME”) 1.
      362 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      325 27 CRYPTIC CROSSWORD Across 1 Proposal must incorporate one tax as incentive (10) 6 Mark is almost frightening (4) 9 Flower girl finally out of bed and home (5) 10 The sort of oils found in working grain silo? (9) 12 Be good enough and much trusted at cooking (3,3,7) 14
      325 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    2251 28 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
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Air France to cancel 15% of flights
      546 29 Its cabin crew strike to protest plans to cut number of onboard attendants Bloomberg [PARIS] Air France-KLM Group is due to cancel about 15 per cent of its flights yesterday as its cabin crew strike to protest plans to cut the number of
      Bloomberg; AFP  -  546 words
    • Article, Illustration
      Lock icon Mitsui and NYK cut container services capacity
      287 29 Bloomberg [TOKYO] Mitsui OSK Lines Ltd and Nippon Yusen KK, Japan’s largest shipping lines, said they will cut container services capacity after reversing profit forecasts for this fiscal year to net losses. Mitsui OSK will reduce frequency on container routes as it expects
      Bloomberg; BLOOMBERG  -  287 words
    • Article
      Lock icon Iata: Air passenger numbers up 5.6%
      235 29 AFP [GENEVA] International air passenger traffic rose 5.6 per cent in September from a year ago, industry association Iata said yesterday, describing the result as a “pleasant surprise”. However, the International Air Transport Association said that it was bracing itself for poor months ahead
      AFP  -  235 words
    • Article
      Lock icon PetroChina gets VLCC for Europe fuel oil cargo
      467 29 Reuters [SINGAPORE] PetroChina has booked a supertanker to load its first fuel oil cargo from the Amsterdam-Rot-terdam-Antwerp (ARA) hub in December, and it is expected to arrive in East Asia about a month later, traders said yesterday. They attributed the rare booking
      Reuters  -  467 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 29 SGX '000 Oct 31 S$ +/-Vol CH Offshore 0.41 -0.01 83 Chuan Hup Hldg 0.22 unch 115 Cosco Corp 1.02 -0.04 9459 CWT Ltd 1.05 -0.01 689 Ezra Hldgs 0.98 -0.03 6537 First Ship Lea 0.31 -0.02 795 Freight Links 0.06 unch 754 Grand Banks unch unch 0
      278 words
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      Lock icon Page 29 Advertisements Column 1
      29 29 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES
      29 words
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      Lock icon Page 29 Advertisements Column 2
      34 29 USE THIS SPACE TO SELL, CALL JOE WONG AT 9620 1327 TO ADVERTISE. _THE BUSINESS TIMES SHIPPING TIMES Legal services required by shippers owners Can they find your services here in the Shipping Times?
      34 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Qantas collateral damage may include CEO
      488 30 EDITORIAL A GROSS over-reaction to labour demands or a shrewd move to bring militant unions to heel? That is the question many observers are debating after Qantas CEO Alan Joyce suspended international and domestic operations and grounded 108 planes in 22 airports, costing the
      488 words
    • Article, Illustration
      Lock icon Tea Partiers, Wall Street Occupiers’ ideas not new
      789 30  -  THE BOTTOM LINE LEON HADAR Washington Correspondent THERE is a lot of uneasiness among members of the political establishment in Washington these days. The rise of the Tea Party movement on the political right may have provided a short-term electoral lift for
      789 words
    • Article, Illustration
      Lock icon Need for coordination to regulate capital controls
      895 30  -  The IMF’s proposed code is a step in the right direction but it is misguided By JOSE ANTONIO OCAMPO, STEPHANY GRIFFITH-JONES KEVIN P GALLAGHER [NEW YORK] Jose Antonio Ocampo is a professor at Columbia University and former minister of finance of Colombia. Stephany
      Project Syndicate; AFP  -  895 words
    • Article, Illustration
      Lock icon S’pore as a major insurance centre
      907 31  -  Move by global insurers here can be attributed to the government’s supportive policies to attract them By PETER HANCOCK The writer is CEO of Chartis, AIG’s global property, casualty and general insurance business SINGAPORE’S insurance industry has been a major beneficiary of the government’s
      BLOOMBERG  -  907 words
    • Article, Illustration
      Lock icon The increasing dimensions of a CFO’s role
      684 31  -  By THAM KAH POH The writer is chief executive officer, Institute of Certified Public Accountants of Singapore TODAY, the role of a CFO (chief financial officer) goes beyond accounting and finance. With the growing complexity of business operations in various jurisdictions, CFOs provide
      AP  -  684 words
    • Article
      Lock icon It’s business as usual at DTZ Debenham Tie Leung
      594 31  -  LETTER TO THE EDITOR Edmund Tie Executive chairman DTZ Debenham Tie Leung (SEA) Pte Ltd IN the Reuters article published in The Business Times on Oct 20, it was reported that DTZ put itself up for sale after a number of
      594 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8015 32 Transaction date: Oct 31 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 12 8Telecom 13.5 12 15.5 7.8 4.5 2.8 64.7 9.5 4.1 A-Sonic 4.9 4.9 5.7 2.7 1.8 35.1 65
      8,015 words
    • Article
      Lock icon SGX CATALIST
      1537 33 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 13 t 800 Super 14.2xd 13.2 14.8 4.7 3.9 5.5 25.4 5.5 2.5 t AA Grp 3 2.3 3.2 14.3 2.9 200 98
      1,537 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      10043 33 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.17/ APS Alpha Fund (USD)!** 0.94/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.64/ Aberdeen Asset Mgt Asia Limited American Opp 0.6278/ Asian Credit Fund
      10,043 words
    • Article
      Lock icon GLOBALQUOTE
      229 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A38 35.5 46 3.6 9.2 3 99 53 25.5 Genting HK US$ US29.5 -1.5 ***** 31 29.5 29.5 30 1942.4 15 10 OGL Resources
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    • Article
      Lock icon SGX ETF
      851 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 118 116.5 117 538.6 1261 856 CIMBAsean40 100US$ US1001 -10 31 1025 992 1001 1007 40 ***** ***** DBXT AUD
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 34 In local curr In S$ In US$ dy yr dy yr dy yr Oct 28 Index Change Change Change Change Change Change World Preliminary 857.7 0.0 -4.4 -0.4 -5.2 0.1 -2.2 EAFE Preliminary 714.7 0.2 -10.8 -0.1 -8.9 0.4 -5.9 Europe Preliminary 1063.1 -0.3 -9.0
      373 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      127 34 As on 28 October 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS GOLD FUT DEC2011 1749.50 1734.00 1747.40 1747.60 SILVER FUT DEC2011 35.625 34.855 35.300 35.105 CURRENCY AUD-USD FUT DEC2011 1.0666 1.0594 1.0649 1.0665 EUR-USD FUT DEC2011 1.4191 1.4128 1.4160 1.4214 GBP-USD FUT DEC2011
      127 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      79 34 CRUDE OIL PRODUCTS Oct 28 Oct 28 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 110.40 -1.59 WTI (Near Mth) 93.37 -0.68 Dubai (1-Mth F) 107.18 1.07 Tapis blend 117.86 0.56 Minas 112.06 0.56 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 95.00 0.78 Jet Kerosene 129.25 1.85 US$/barrel
      79 words
    • Article
      Lock icon CHICAGO BOT
      108 34 Oct 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 11 1217.00 1235.00 1241.75 1215.25 Jan 12 1226.00 1244.00 1251.00 1224.00 Mar 12 1235.75 1253.50 1259.50 1233.50 May 12 1244.75 1262.00 1268.50 1242.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 11 51.77
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    • Article
      Lock icon GOVERNMENT SECURITIES
      85 34 Oct 31 Oct 31 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 02.02.2012 0.29 1-Year BY*****W 01.11.2012 0.29 0.27 0.27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.31 103.35 103.34 5-Year N*****0W 1.125
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      447 34 Oct 31 Oct 31 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.4850 0 1432 Mar12 99.4350 0 3078 Jun12 99.4150 0 1151 Sep12 99.4100 0 676 EUROYEN TIBOR FUTURES Dec11 99.6725 0 2479 Mar12 99.6700 0 2378 Jun12 99.6725 0 1470 Sep12 99.6700 0 710
      447 words
    • Article
      Lock icon SGX FUTURES
      170 34 Oct 31 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Nov 11 383.8 380.0 383.9 8 185 Dec 11 390.0 380.0 384.8 5 325 Jan 12 390.0 390.0 387.8 4 236 Feb 12 398.7 380.3 391.0 13 186
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    • Article
      Lock icon LONDON METALS
      69 34 Oct 28 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2223.25 2237.00 3 months 2242.00 2255.00 Copper, Grade A (US$/tonne) Cash 8169.50 8142.50 3 months 8175.00 8145.00 Lead (US$/tonne) Cash 2070.50 2017.50 3 months 2090.00 2040.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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    • Article
      Lock icon LIFFE
      84 34 Oct 28 Oct 28 COCOA (£/tonne) Close Prev High/Low Dec 11 1700 1714 1716/1685 Mar 12 1725 1739 1741/1709 May 12 1740 1752 1754/1726 Jul 12 1759 1766 1766/1742 COFFEE (US$/tonne) Close Prev High/Low Nov 11 1857 1864 1871/1824 Jan 12 1899 1903 1914/1863 Mar 12 1931 1935 1946/1895
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2241 34 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 45 52.50 31 ASJ Hldgs W*****1 0.2 1 4 24 17.00 4 AlliedTech W*****2 1.7 1 4 25 Ascendas Reit.ES.1111 203 Aztech Grp W*****3 0.4
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    • Article
      Lock icon INTERBANK CROSS RATES
      463 34 Oct 31 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.055 6.714 0.752 8.207 51.499 93.562 0.833 11.729 3.241 1.298 91.401 45.048 1.318 8.255 0.918 31.611 32.448 0.659 1.057 Canada 0.948 6.366
      463 words
    • Article
      Lock icon SIBOR
      82 34 Oct 31 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon PRECIOUS METALS
      140 34 Oct 31 GOLD (US$/oz) Oct 28 Oct 31 Hong Kong 1742.00 1718.30 Oct 27 Oct 28 London 1728.39 1743.19 1729.50 1744.30 Source: Thomson Reuters CAST BAR Oct 28 (S$) Selling Buying Kilobar 74,859.34 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 168 70 5gm 476 349 10gm 850
      140 words
    • Article
      Lock icon PALM OIL
      59 34 Oct 31 Oct 31 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 11 2940 2942 2945 2930 396 1442 Dec 11 2948 2944 2952 2934 2685 ***** Jan 12 2943 2938 2954 2932 9556 ***** Feb 12
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    • Article
      Lock icon STOCK INDEX FUTURES
      29 34 Oct 31 Oct 31 Open High Sett STI Nov 2852 SIMSCI Nov 332.8 334.8 326.2 Taiwan Nov 270.3 272.9 267.4 Source: MF Global (S) Pte. Ltd
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 34 Oct 31 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3167 1.3185 1.0561 1.0571 Canadian dollar 1.2488 1.2502 1.0016 1.0023 Euro 1.7520 1.7528 1.4052 1.4053 NZ dollar 1.0143 1.0153 0.8135 0.8140 Sterling pound 1.9999 2.0013 1.6040 1.6045
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      Lock icon FOREIGN CURRENCY NOTE RATES
      121 34 As at 9am Oct 31 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.357 1.293 Can dollar 1.275 1.226 Euro 1.791 1.723 Sterling pound 2.041 1.963 NZ dollar 1.047 0.998 US dollar 1.262 1.214 Local dollars to 100 units of foreign
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      Lock icon INTERBANK RATES
      154 34 Oct 31 $S Offer Bid 0vernight 0.01 par 1-month 1/4 1/8 2-months 1/4 1/8 3-months 5/16 3/16 Overnight mode: 0.10 US$ Offer Bid 7 days 0.35 0.20 1 month 0.45 0.25 2 months 0.55 0.35 3 months 0.60 0.40 6 months 0.80 0.60 9 months 0.95 0.75 12
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      Lock icon US$/S$ FORWARD RATES
      24 34 Oct 31 Oct 31 S$ Bid Offer 1-month 1.2468 1.2473 2-months 1.2468 1.2473 3-months 1.2465 1.2471 6-months 1.2448 1.2457 Source: OCBC
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  • PROPERTY
    • Article
      Lock icon UK mortgage approvals fall as credit tightens
      634 35 Falling consumer confidence deters more potential property buyers Bloomberg [LONDON] UK mortgage approvals fell in September as tighter credit conditions and falling consumer confidence kept more potential property buyers out of the market for home loans. Lenders granted 50,967 loans to buy homes,
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    • Article
      Lock icon Louis Vuitton store, offices in London sold for £17.5m
      385 35 Property’s Irish owners hit by dive in domestic market Bloomberg [LONDON] Irish developers Joe O’Reilly and Bernard Costelloe have sold a building leased to Louis Vuitton and women’s retailer LK Bennett Ltd in the City of London financial district for £17.5
      Bloomberg  -  385 words
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      Lock icon Laguna Park owners eye $1.25b sale
      524 35 Henry Park Apts also on market for $170m to $180m [SINGAPORE] Two more sites have been put up for collective sale Laguna Park, a leasehold residential site in the East Coast area, and Henry Park Apartments, a smallish development located off Holland Road. The
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      Lock icon China move to cut property prices backfires
      736 36 Existing homeowners protest as developers slash unit prices ANALYSIS Reuters [BEIJING] China thought it had a good plan: Bring down soaring house prices so millions of frustrated wage-earning families can afford new homes, and social harmony will follow. However, furious protests by existing
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    • Article
      Lock icon More HK homes sink below mortgage values
      496 36 Govt will monitor housing policies designed to curb prices, says official Bloomberg [HONG KONG] The rising number of Hong Kong homeowners with apartments worth less than their mortgages may further hurt sentiment already damped by the global equity rout and government curbs, according
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      Lock icon Henderson Ind Building sold for over $99m
      527 37  -  It is said to have been bought by an entity controlled by Fission’s Melvin Poh By KALPANA RASHIWALA [SINGAPORE] An entity controlled by Fission Group’s Melvin Poh is said to have bought the freehold Henderson Industrial Building for about $99.3 million. Sources say
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      Lock icon URA releases Marina Bay white site on reserve list
      470 37  -  By UMA SHANKARI [SINGAPORE] The Urban Redevelopment Authority (URA) released the detailed sales conditions for a new mixed-used, or “white”, site at Marina Bay yesterday. The land parcel, which is at the corner of Marina View and Union Street, is being
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      189 35 Hail! The US Foreclosure King is coming! Meet Mr Odell Barnes in person! Odell has bought and sold thousands of homes over the last 3 gears alone! Hear how he profit front the US Distressed Propertg Market using UCFD. [i T, r Build a US Property Investment Portfolio that can
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      161 36 ROBINSON POINT Prime Investment Grade Office Tower 21-storey office building Freehold Wide 42.5m frontage NLA 133,214 sq ft 57 car-parking lots 95% occupancy Blue chip tenants For Sale By Expression of Interest Closing by Friday, 18 November 2011, 5.00 pm FOR ENQUIRIES, PLEASE CONTACT: +65 6836 6888 Savills (Singapore) Pte
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      109 36 Wherever you go, never miss out on the stock market action with ShareInvestor Mobile Download for FREE from Apple Apps store for iPhone, iPad users and Android Market for Android users. Get it now. Scan QR Code with your mobile and learn more about our application.* Android iPhone You will
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      1 36 GETITNOW
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      125 37 Henry Park Site for Condo with 1stLevel Shops District 10, Land 99,800 sf; 999 years GPR 1.4, Residential with Commercial at 1ststy Opposite Henry Park Primary School Cold Storage Jelita, Holland Village, etc Potentialfor100aptsof1,000sf,excludingshops Tender Closing on 1 Dec 2011 (Thurs), 2.30pm 6227 6066TenderClosingon1 Dec 2011 (Thurs), 2.30pm angela.lim@credo.com.sg (CEA
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      432 37 C Vl/c££ RESIDENCE <<? Wilby Central *****888 Wilby Bukit Timah *****505 WILBY CENTRAL Newly Refurbished Serviced Apartments Studio 2-Bedrooms Modern Decor with High Tech Features 5 minutes' walk to MRT Stations/ Shopping Malls Complimentary shuttle bus service to Orchard Road/Newton/Holland Village Complimentary broadband internet service local calls —i For more
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  • LEADERS' PERSPECTIVE
    • Article, Illustration
      Lock icon A brand built on hospitality
      1508 38  -  Park Hotel’s Allen Law tells NISHA RAMCHANDANI the group is not only beefing up its presence in existing markets, but also venturing into new ones NISHA RAMCHANDANI WHILE Allen Law, director of Singapore-based Park Hotel Group, has aggressively built up its portfolio over the last
      ARTHUR LEE  -  1,508 words
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      198 38 WHAT IS THE TRUE MEASURE OF LEADERSHIP? INTEGRITY. In challenging times, a leader who stays true to the path taken proves his substance. The BMW 7 Series is an articulation of this singular focus and control. With Integral Active Steering, a BMW first. Adapting instinctively to road conditions, it ensures
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  • SME1 Asia Awards2011
    • Article, Illustration
      Lock icon REWARDING ENTREPRENEURSHIP
      1278 1  -  An inaugural award launched by the APF Group, the SME1 Asia Awards celebrates the successful small and medium enterprises, reports NareNdra aggarwal reports NARENDRA AGGARWAL To encourage and recognise socially responsible and successful small and medium enterprises (SMEs) in Singapore and the Asia-Pacific region, the APF Group introduced
      PHOTO: CHONG JUN LIANG  -  1,278 words
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      Lock icon Staying socially responsible
      856 4  -  Judges at the inaugural SME1 Asia Awards 2011 share with JOYCE LIN their thoughts on the importance of corporate social responsibility JOYCE LIN Corporate social responsibility (CSr) has fast gained traction among corporations from large multinational companies to the small and medium enterprises or SMes. In the
      Photos: Just Education Tuition Centre, Jason Electronics, BH Global Marine and Adonis International Beauty and Wellness  -  856 words
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      Lock icon Reaching out to help the poor
      864 6  -  His struggles to make MHC Asia Group a success prompt Dr Low Lee Yong to do his share for the needy, reports LYNN SEAH MANY bosses leave website development and search engine optimisation to experts. But not Dr Low Lee Yong, chief executive officer
      Photo: Chong Jun Liang  -  864 words
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      Lock icon On a roll to the top
      739 8  -  From a small family business making only Chinese sausages to one that is going international with a gamut of Asian, western and halal meat products, Golden Bridge has come a long way, reports LYNN SEAH Exporting meat products to Australia may seem a little
      Photos: Golden Bridge  -  739 words
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      Lock icon Thinking out of the box
      800 9  -  Network Express Courier Services gets creative in seeking opportunities and doing good, reports lynn seah reports LYNN SEAH At Network Express Courier Services, “train riders” in their 60s and 70s deliver documents using the MRt, alongside young despatch riders on their motorbikes. the courier company
      Photos: Network Express Courier Services  -  800 words
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      Lock icon Whipping up a recipe for success
      452 10  -  Neo Group looks at challenges as opportunities to stand out, finds zackaria abduL rahim ZACKARIA ABDUL RAHIM FROM a start-up with eight to 10 employees working out of a shared kitchen in Joo Chiat in the East Coast, the Neo Group has grown into
      Photo: APF Group  -  452 words
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      Lock icon Painting a vision of the future
      433 10  -  Asia Paint survived the Asian financial crisis to reach for greater heights, reports LYNN SEAH IN 1980, childhood friends Koh Ching Hong and Ng Chuan Lim spied an opportunity in the paint market and decided to set up a company to manufacture and customise
      Photo: Asia Paint  -  433 words
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      Lock icon A lot to smile about
      408 11  -  Smile Inc stays true to its vision and keeps up with the latest technologies to remain on top, writes LYNN SEAH writes LYNN SEAH SMILE Inc Dental Surgeons was set up in 1997 with a dream to turn a visit to the dentist from a
      Photos: Smile Inc. Dental Surgeons, APF Group  -  408 words
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      Lock icon Forging ahead despite big challenges
      1463 12  -  SMEs say rising manpower and operating costs can derail their development, Koh Joh Ting reports reports KOH JOH TING ASK any small and medium-sized enterprise (SME) about the top three challenges of growing in Singapore, and the answers invariably are: the cost and retention of
      PHOTOS: APF GROUP, DECORA ART AND COLOUR, EAST ASiA iNSTiTUTE OF MANAGEMENT, NETWORK EXPRESS COURiER  -  1,463 words
    • Article
      Lock icon Bracing for the downturn
      319 13  -  Koh Joh Ting OUT of the 33 companies polled by the APF Group, almost two in three or 20 companies believe there will be a slowdown. The slow recovery in the United States and the Euro zone debt crisis are cited as the reasons, and the
      319 words
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      Lock icon OKH scores in all departments
      490 14  -  the top winner in the prominent SMEs category at the inaugural SME1 asia awards 2011 has performed consistently well in almost every important aspect of its business, reports Tan Bah Bah reports TAN BAH BAH When you are awarded a $27.2 million contract, you have
      PHOTOS: OKH HOLDINGS, APF GROUP  -  490 words
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      Lock icon On top of their domain
      473 15  -  IP Mirror is the first overseas company in the world to be accredited by registries in Japan, South Korea and Israel, reports Tan Bah Bah reports TAIN BAH BAH Two sisters, with a team of just five employees, started in 2000 on a journey that
      PHOTO: IP MIRROR  -  473 words
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      Lock icon Building up a reputation
      515 15  -  Building resources Industries beats the odds to achieve success Tan Bah Bah SoMEwhERE in Tuas along the Pioneer Sector is a rather nondescript building. There is nothing unusual about the materials stacked up in its compound nor the activities taking place there. But those who are
      PHOTO: BUILDING RESOURCES INDUSTRIES  -  515 words
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      Lock icon Education provider gets top marks
      375 16  -  The EASB East Asia Institute of Management meets the exacting standards of the local education authorities and attracts a multicultural student population, reports Tan Bah Bah reports TAN BAH BAH On scale alone, the EASB East Asia Institute of Management already stands out from other
      PHOTO: EASB EAST ASIA INSTITUTE OF MANAGEMENT  -  375 words
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      Lock icon Bringing in the dough
      393 16  -  Deli Asia gives traditional snacks a new, healthier twist Tan Bah Bah FEw businesses can be as “local” as Deli Asia. Yet behind the very familiar products it makes and sells, lies a passion and belief that are not so common. Mr Alex Ong Jui Khoon
      PHOTOS: APF GROUP, DELI ASIA  -  393 words
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      Lock icon Promise of Paradise
      739 17  -  Delivering delicious home-style dishes at good value remains the core philosophy of Paradise Group, reports Teo Kuan Yee reports TEO KUAN YEE At the age of 25, when most young people are just starting out on their careers, Mr eldwin Chua set out to fulfil his dream
      PHOTO: CHONG JUN LIANG  -  739 words
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      Lock icon Positive attitude is the key
      693 18  -  Mr Jeffrey Choo, managing director of Ai Associates, tells Teo Kuan Yee that hard work and perseverance pay off in the entrepreneurial journey TEO KUAN YEE Mr Jeffrey Choo (right) had always dreamt of setting up his own design practice, and constantly honed his skills
      PHOTO: AI ASSOCIATES  -  693 words
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      Lock icon Pitch perfect
      657 19  -  The high quality of service and equipment makes Perfectus AV a leading provider of technical consultancy to the events industry, reports Teo Kuan Yee reports TEO KUAIM YEE After working for 13 years in the events industry, Mr Alex tan started his own company, Perfectus AV, in 2003
      PHOTOS: PERFECTUS AV  -  657 words
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      Lock icon Committed to excellence
      452 20  -  MecFlou’s winning strategy is about low risk exposure and astute cash flow management, reports Teo Kuan Yee reports TEO KUAN YEE MecFlou’s managing director Kenneth Ng began his business right in the middle of the financial crisis in 1997, handling projects of up to $800,000. Mr Ng
      PHOTO: CHONG JUN LIANG  -  452 words
    • Article, Illustration
      Lock icon Moving ahead
      440 20  -  Applied Forwarding delivers on its promises every time Teo Kuan Yee Mr Viswamoorthy ramanathan (right), 48, had a colourful job resumé when he first started out. other than assisting his mother at her serangoon North food stall, he was also a lorry driver, an occupation which seeded his
      PHOTOS: APPLIED FORWARDING  -  440 words
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      Lock icon Helping start-ups to zoom ahead
      716 21  -  Two winners of the inaugural SME1 Asia Awards tell Cheryl Tay the concerns of small companies and how to boost entrepreneurship in Singapore CHERYL TAY The entrepreneurial scene is picking up here in Singapore, but with more young people setting up their own businesses, more
      PHOTOS: APF GROUP, FILE PHOTO  -  716 words
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      Lock icon Dishing up quality
      717 22  -  Pin Si Kitchen’s hunger for consistent innovations and improvements makes it a winner, says Janice Goh JANICE GOH HigH quality food, affordable prices and relentless innovations this consistent recipe for success has earned Pin Si Kitchen the top spot in its category in the inaugural SME1 Asia
      PHOTOS: CHONG JUN LIANG, PIN SI KITCHEN  -  717 words
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      Lock icon Take charge of your money
      418 23  -  MasterYourFinance.com educates the public on smart ways to manage and grow their wealth, reports Janice Goh reports JANICE GOH He may be a multi-millionaire and the chief executive officer of a local enterprise today, but Mr Dennis Ng, 42, was not born with the proverbial
      PHOTO: MASTERYOURFINANCE.COM  -  418 words
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      Lock icon Enriching lives
      427 24  -  a structured referral programme helps Genius mind academy to raise awareness of its enrichment workshops, reports JANICE GOH WHEn Mr Yao Shih Lien set up Genius Mind Academy (GMA) last July, he knew that he had to publicise his enrichment centre to grow the business. Mr Yao had
      PHOTOS: GENIUS MIND ACADEMY  -  427 words
    • Article, Illustration
      Lock icon Staying cool
      361 24  -  feng sheng engineering’s motto is to always provide excellent Janice Goh Mr Toh Eng Peng (right) started tinkering with household electrical appliances at the age of nine. His passion for air-condi-tioning and mechanical and electrical (M E) works did not cool off. repairs and modifications soon became his
      PHOTOS: FENG SHENG ENGINEERING  -  361 words
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      Lock icon Success by design
      394 25  -  Sky Creation Design aims to spread its wings in China and become a listed company, reports Janice Goh reports JANICE GOH EstablishEd in 2008 with just four people, interior design firm sky Creation design faced the intractable infancy issues of division of labour and expertise, engaging competent
      PHOTOS: SKY CREATION DESIGN  -  394 words
    • Article, Illustration
      Lock icon Movers with a heart
      700 26  -  Santa Fe Relocation Services takes sustainable responsible business seriously, reports Hazel Tan reports Hazel Tan Santa Fe Relocation Services, winner of the Foreign Entrepreneurs SMEs award category in the inaugural SME1 asia awards 2011, was an unknown entity when it first set up office here in
      PHOTO: CHONG JUN LIANG  -  700 words
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      Lock icon Best minds make right moves
      455 27  -  International freight forwarding company deugro believes that investing in people pays off, reports Hazel Tan reports Hazel Tan InternatIonal freight forwarding company deugro believes it has managed to stay on top of its game since 1924 because of its people. Mr David Kwok (right), executive
      PHOTO: DEUGRO  -  455 words
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      Lock icon Broadcast it to the world
      729 28  -  Global digital media services provider Encompass Digital Media (Asia) tells Hazel Tan that it is proud of its achievements and wants everyone to know it Hazel Tan ENCOMPASS Digital Media (Asia) owns and operates state-of-the-art broadcast facilities throughout the United States, United Kingdom and Asia.
      PHOTO: CHONG JUN LIANG  -  729 words
    • Article, Illustration
      Lock icon Easier parking
      442 29  -  Sun Japan (Singapore) Systems’ innovative paperless and cashless carpark systems have benefited motorists, reports HAZEL TAN SET up by Sun Japan Corporation in 1993, Sun Japan (Singapore) Systems got its first big break in 2000 after successfully developing and implementing the pioneer CashCard carpark system at The JTC
      PHOTOS: SUN JAPAN (SINGAPORE)  -  442 words
    • Article, Illustration
      Lock icon Counting on Singapore
      912 30  -  owners of two foreign sMes that received the inaugural sMe1 Asia Awards 2011 speak to JOYCE LIN about their entrepreneurial journey and the challenges they overcame to achieve success JOYCE LIN WITH Singapore’s strategic location in Asia, stable governance, great infrastructure and low tax rates, the city-state
      PHOTOS: AKINORI SINGAPORE, DECORA ART AND COLOUR  -  912 words
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      Lock icon Promoting growth for small businesses
      687 31  -  Set up by entrepreneurs, the APF group hands out awards to the cream of the corporate crop and organises meetings for networking opportunities, reports NareNdra aggarwal reports NARENDRA AGGARWAL THE company behind the newly launched SME1 Asia Awards the APF Group is an awards organising
      PHOTOS: CHONG JUN LIANG, FILE  -  687 words
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      Lock icon Firms that pack a punch
      1760 32  -  Keep your quality up. Listen to your customers. Create a culture of trust among the workers. Be brutal in cutting costs. These are the strategies behind the success of some companies on the SME1 Asia Awards 2011 list, which honours small and medium enterprises that
      PH0T0: APF GROUP; PHOTO: CHONG JUN LIANG; PHOTOS: APF GROUP, BUCKWHEAT HEALTH PRODUCTS  -  1,760 words
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      Lock icon A night to remember
      239 34 The inaugural SME1 Asia Awards gala event at the Marina Bay Sands sees the managements of up-and-coming SMEs and award-winning companies taking centre stage Making a commitment: Up-and-coming entrepreneurs taking their pledge, led by Mr Seah Kian Peng, Member of Parliament for Marine Parade GRC (seventh
      PHOTO: APF GROUP  -  239 words
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      Lock icon In their own words
      1032 35 Eight companies explain why they take the pledge to achieve $1 million in profit to qualify for the SME1 Awards Mr Norhashim Hasan Managing director Wahyu Delicacies Rempeyek Trading Wahyu Delicacies Rempeyek Trading’s main business is the manufacture of food and beverages. We took up the
      1,032 words
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      323 1 A APF GROUP awards entrepreneurship summit ASIA 2 0 11 AWARDS SINGAPORE 28th October 2011, Marina Bay Sands Distinguished Awards MHC Medical Network Pte Ltd Asia Paint (Singapore) Pte Ltd Golden Bridge Foods Manufacturing Pte Ltd Network Express Courier Services Pte Ltd Smile Inc.® Dental Surgeons Pte Ltd Electronics Engineering
      323 words
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      79 2 APPLIED FORWARDING PTE LTD J J We are your Supply Chain Logistic Solution! 24 Senoko Drive Singapore *****1 Tel: (65) 6269 7682 Fax: (65) 6269 7672 www.appliedmovers.com Congratulations to Mr Viswamoorthy S/O Ramanathan MANAGING DIRECTOR of APPLIED MOVERS TRADING PTE LTD APPLIED FORWARDING PTE LTD on being one of the
      79 words
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      442 3 |MHC 4 Cengmiulationd MHC MEDICAL NETWORK PTE LTD (Subsidiary of MHC Asia Group) on being awarded Top Winner of the Distinguished Category for SME1 Asia Awards 2011 0 SMEl ASIA AWARDS 2011 The Entrepreneur of the year SINGAPORE 1000 SWGAPORtSMEDOO IMTB9U>IW<AL100 Singapore's largestj Third Party Administrator and Clinic Networ processing
      442 words
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      65 4 m rr J a SMEl ASIA AWARDS 2011 Congratulations Aries Fashion Accessories Pte Ltd for being awarded one of the esteemed Prominent winners of the SME1 Asia Awards 2011 Singapore Ms Goh Geok Ping Director, Aries Fashion Accessories Pte Ltd TWINKLES OF JOY $><£ 6# w III ENTERPRISE ONE 1
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      312 5 Congratulations to Mr Thomas Bon Chief Executive Officer and Chairman of OKH Holdings on being awarded Prominent Award of the Year 2011 at the SME1 Asia Awards ASIA AWARDS 2011 I .OS SMEl I As a Forward-Looking Property Developer, We Build High-Quality Viable Property Developments Utilising our Creativity, Experience and
      312 words
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      429 6 m "•i, -9 Reliable Since 1980, Asia Paint has focused on color matching services and custom-blending industrial paint. That is why we understand your highly specialized requirements for your finishes. Be it color or paint performance, Asia Paint is able to customize our paint to cater to your needs. Responsive
      429 words
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      56 7 -J UP SMEl ASIA AWARDS 2011 CONGRATULATIONS THE PROJECT GROUP MR PAUL R LIM WINNER OF SMEl ASIA AWARDS 2011 "NOTABLES" CATEGORY PAUL R LIM J DIRECTOR, THE PROJECT GROUP 5.' VMSD FROM POSITIVE DESIGN Speed Way General Contracting iuk iwa Design ruin**, w #i /a t .v- «a< a</
      56 words
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      63 8 Congratulations Add Space Design Pte Ltd for winning one of the esteemed Notable winners of the SME1 Asia Awards 2011 Singapore SMEl ASIA AWARDS 2011 A-.X I I p £S I <1* s- Space Established since 1978 Add Space Design Pte Ltd Complete solution from concept planning to execution ADD
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      71 8 AEX Shipping Pte Ltd Logistics at your fingertips gA'o dreams are too far or una/tatna/t/e wit/t t/te/tower o/' wisdom nurturedt/roug/ knowledge obtainedfrom /ioo/ci. AEX MEDIA HUB. A DIVISION OF AEX SHIPPING PTE LTD. THE GLOBAL BOOK DISTRIBUTION HUB MALAYSIA AEX LOGISTICS SDN BHD HONG KONG CHINA AEX SHIPPING (HK) LTD
      71 words
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      124 9 ELECTRONICS ENGINEERING PTE LTD The Professional Sound A V Specialist Since 1951 QLORfOUS YEARS 19 5 1 2 0 11 r > 7,L a. j \y ELECTRONICS ENGINEERING PTE LTD For Being Conferred the Distinguished Award InTheSMEl Asia Awards 2011 Singapore Some of our mega sized completed projects *1 n
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      154 9 m YOUR IDEAL PARTNER FOR CONSTRUCTION EXCELLENCE lil.nl ,ZL% a •H T'tA imit c ii h. 7Ml! T"' -X;.. /■i i *3 r■5' J s:^ '/-I-.. OS >? 5r v m /*n/jmtu/atu• §j^j£j a Pte Ltd forbeing awarded one —«5W Daba Pte Ltd for being awarded one of the esteemed
      154 words
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      217 10 MB 1 Congratulations Mr Jeffrey Choo Managing Director of Ai Associates Pte Ltd for being awarded one of the Notable winners of the SME1 Asia Awards 2011 SINGAPORE Redefining Spaces Across all spheres of Industry, al expresses the Individuality of their clients with every project they handle, ai not only
      217 words
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      119 10 SMEl ASIA AWA RDS 2 011 CONGRATULATIONS FOREIGN ENTREPRENEURS AWARD WINNER Mr Akinori Terazawa Managing Director Of Akinori Singapore Pte Ltd AKINORI GROUP OF RESTAURANTS r ssa YU.OYA MAMAISON SIMPLE SQUARE REST CAFE^C!— MAMAISON TONKATSU by Mo Maison BUGIS 200 Victoria Street Bugis Junction #02-51 Singapore *****1 TEL: +65 6338
      119 words
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      217 11 Bill Cain Managing Director of Santa Fe Relocation Services (S) Pte Ltd on being awarded Foreign Entrepreneur Award of the Year 2011 at the SME1 Asia Awards 2011 SINGAPORE. SANTA FE RELOCATION SERVICES Santa Fe Relocation Services (S) Pte Ltd 54 Pandan Road Singapore *****2 Tel: +65 6398 8588 Website:
      217 words
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      145 11 KBE coolness evetf^ Congratulations to Kang Yong Liang MANAGING DIRECTOR of KBE Air-Conditioning Engineering Pte Ltd on being one of the esteemed Notable winners of the SME1 Asia Awards 2011 SINGAPORE. SMEl ASIA AWARDS 2011 SINGAPORE KBE Air-Conditioning Engineering Pte Ltd 53 Ubi Avenue 1 Paya Ubi Industrial Park #05-56
      145 words
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      75 12 v wii 1993 mmM, wm&z ROt&sm ,m. ft ft ft *L a mm o o m&im !tfiMi±g#p n oi, m&jms&L > Z ttffiMMSo" o r «fj fflWft €ft s n df« TS&UIA *<w, iaikA±a ss#pnaM5ffi3W3a<)jszfflfeb JsziSS, J*Wrft«m^, SKgflKWSrtW^, 3KS5L H o sm.±69sSo KM r mi wsem7G&A±mm c 0 m H
      75 words
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      154 12 Congratulations to Buckwheat Healthcare Products Pte Ltd for being one of the Emerging winners in the SME1 Asia Awards 2011 OUR PRODUCTS Buckwheat Green Tea mmm A blend of freshly brewed roasted buckwheat with green tea. The main ingredient is buckwheat, which is commonly used as an ingredient in the
      154 words
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      45 13 Singapore malaysia indonesia Vietnam new Zealand maldives paris shanghai i for energizing refreshment > u) .;h V pr j -Ua <. jJE c jfJ V, y<7 .'i?# f v> "> *i£r open happiness Photographer: Sebastian Slah I J* m y: a <r *< j 4 Shooting Gallery Asia www.ShootingGalleryAsia.com
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      24 13 CcmgratuCatums -RITZ- Pumps Pte Ltd An Award Winner for the Inaugural SMEl ASIA AWARDS 2011 From the management staff of: ANDRITZ -RITZ- GmbH GERMANY
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      115 14 IS YOUR BRAND EXPOSED CORRECTLY? Your name online may not be leading to you. Are you losing traffic and brand experience to an unknown person? Investment in a website will be eroded if it is not properly structured in your domain portfolio, it is time to safeguard your online names
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      110 14 Pin Si Kitchen Pte Ltd (HQ) VP a*#®:* 19 Woodlands Link Singapore *****8 Tel: 6758 8177 Fax: 6759 8177 www.pinsi.com.sg TUV APE AS 2011 SUD UKAS SGS SGS PIN SI IWS5 In 2008, Pin Si Kitchen was founded by Chairman Mr. Oh Cheng San (BBM). Mr. Oh constantly thinks of
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      34 15 Courier Portner. NDP2010 COURIER DRIVEN BY PASSION.TRUST RELATIONSHIP =1 1 JL SL fe 46 Home Road I Network Courier Building I Singapore *****8 Tel: 68 999 333 I Fax: 62 993 559 I www.networkcourler.com.sg
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      143 15 «r NAN YANG INSTITUTE OF MANAGEMENT BkJ minent Category Winner I a Awards 2011 A u J ".f* EM j 1 ii To all our Staff, Students and Partners As a forward-looking premier education provider of market-relevant programmes since 2001, we work with reputable industry and university partners to nurture
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      160 16 .1— I- I I I •91. 4 V > BOr.,. t A fr» •"U-.JAA h LKI; 'xtb.iir.i KLJ Au|il\(!Lkl.l® ll ljfl iSkjfiiv«tBBL. L iff I 1 Qq G t. imiwiim "When doing business, be patience and willing to experience hardship. Never argue with a customer, but place yourself in their
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      52 16 A V L r n >* i n n T n i u u r 11 Vpw Vpr »P< VFF Vr *P»< I r J r r RENOVATING OUTSIDE THE BOX 22A Lim Teck Boo Road Henley Industrial Bldg. S*****2 M 9451 *****9106 6070; T 6288 5045; F 6280 5941
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      139 17 Congratulations to David Kwok Sai Soo Managing Director deugro (Singapore) Pte Ltd on being one of the esteemed Foreign Enterprise Award winners of the SME1 Asia Awards 2011 SINGAPORE. m SMEl ASIA AWARDS 2011 ft r-s deuqro Minds over matter It takes the best minds to make the right moves.
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      104 18 CONGRATULATIONS! SMEl ASIA AWARDS 2011 Yao Shih Lien Chief Operating Officer Genius Mind Academy Pte Ltd for being awarded the SMEl Asia Awards From our GMA and GMC family Principal: Genius Mind Academy Global Regional Counterparts: Genius Mind Consultancy Malaysia Indonesia China Genius Mind Academy Malaysia Singapore Taiwan 1 GENIUS
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      175 18 CONGRATULATIONS To Mr. Ong Bee Chip Managing Director, Golden Bridge Foods Manufacturing Pte Ltd Ellaziq Pte Ltd SME1 ASIA Awards Winner of DISTINGUISHED SMEs Award Mr. Ong has managed Golden Bridge Group since 2008, and is over-seeing the strategic planning of the companies in the group. He also manages the
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      259 19 Dennis Ng, Founder CEO of HousingLoanSG.com Pte Ltd TEP Pte Limited MasterYourFinance.com Pte Ltd Congratulations to Dennis Ng Kah Wan, Founder and CEO of MasterYourFinance.com Pte Ltd for winning Top 5 Award Winners of the inaugural SME1 Asia Awards 2011 under the Emerging Entrepreneur Category! This award affirms the efforts
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      81 20 9 S brJ kitr r am A < f /J* SA* 7a 4>. S, /////^//< </// wr% s.r* »Z*.t 1 millys@Bugis Street Extension Level 2, Bom Bom Street Unit 3,4 5 Singapore *****8 millys@Bugis Street Level 2, Little Red Dot Singapore *****8 millys@Far East Plaza 14 Scotts Road, #03-129 Singapore
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      94 20 Singapore's so.-- d ;Tpr, W 0 af?ain! xC-i'-ii KarL ag; ,w«5* iff The caterer of choice since 1992, Neo Garden Catering, the flagship brand of Neo Group, delighted over 2 million guests at 40,000 buffet events with more than 500 popular dishes and thematic set-ups in a year. Rated as
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      192 21 r painl q^hu Contract Pte Ltd Congratulations to Lim Kok Beng Director of on being one of the esteemed Notable winners of the SME1 Asia Awards 2011 SINGAPORE. SMEl ASIA AWARDS 2011 Paint Plus Contract Pte Ltd No.17 Defu Lane 12 Singapore *****5 Tel: 6288 3611 Fax: 6288 3411 ROC:
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      176 22 Award Winning Scientific Solutions for Scalp Hair Problems < f/D e are deeply honoured to receive this prestigious award. It is a recognition of our years of expertise in combining advanced technology with the essence of Eastern herbs to give our customer a chance to regain younger look with fuller
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      66 22 SMEl ASIA AWARDS 2011 Mr. Eric Foo Managing Director Sheng Ye International For Being Conferred The Notable Award In The SME1 Asia Awards 2011 Singapore Sheng Ye International Pte Ltd and its group of companies www.mabrecruiters.com ClUb www.syprestige.com www.filipinoservicecentre.com HIT.FP, www.hainanentrepreneur.com MIMIC www.nnkcleaning.com www. taiwanservicecentre.tw 1 ft 190 Middle Road
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      369 23 Congratulations FENG SHENG ENGINEERING PTE LTD for being conferred the EMERGING AWARD SMEl In The SME1 Asia Awards 2011 Singapore X ASIA AWARDS 2011 > X.. Mr Eoh Eng (Peng, (NicoCC The Founder, Managing Director si m m x@ aw n Feng Sheng Engineering Pte. Ltd. Always at Your Services
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      94 24 Esmond S3 I MEl >: AS A AWA R D 2 0 1 1 '> V:'l r C:-; m -V as :*r' *1 -I '*K_ ruttaaaii'jiMtfi 4 Award Achievements of Esmond Landscape: Singapore M Singapore •sSmCjard* r eM festival2QtQ BEST OF SHOW Singapore Garden Festival 2008 SILVER AWARD M Singapore
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      47 24 Congratulations Mr. Benni Chua Prominent SMEl Asia Award '»v mr.h it I £3 Ji V Before After i r •*rCeramic Membrane Waste Oil Recycling Machine UNIFINE STAR PETROCHEMICAL PTE LTD 48 Tuas Crescent Singapore *****9 Email: unifine_star@pacific.net.sg Tel: 6861 0083 Fax: 6861 0209 ISO 90D1 2C08 •711*1
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      114 25 CONGRATULATIONS to our Managing Director Mr. Darren Tan on being awarded the SMEl Asia Awards 2011 Singapore Our Heartiest Mr Darren Tan Managing Director WP Global Group www.wpglobalgroup.com Congratulations »tei iin< lfri< ing >minei IE1 Asi< IGAPj -es Industries Pte Ltd >neofthe Dfithe ve are a leading provider of a
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      76 26 Kim Hup Chor Construction Pte Ltd 3 Woodlands Industrial Park El #05 -01 Northland Industrial Building Singapore *****6 m We are speciallised in Wet Architectural Trade, Civil Structural Works and Painting Works such as: Concrete Masonry Works Civil Engineering Works We are also an approved scaffold contractor with the Ministry
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      78 26 ASIA AWARDS Mr Ng Boon Hong Executive Chairman of Meng Cheng Logistics Pte Ltd for being awarded one of the Prominent winners of the SME1 Asia Awards 2011 SINGAPORE Logistics Transportation Freight Forwarding Warehousing m G CHENG LOGISTICS PTE LTD r M C L f I A f|l MENG CHENG
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      171 27 a Director of 00°. XtfiO £AK. WAMCf TAtWAfftSt $TK£tr Sr/ACKS ■m 8 A XIAO BAR WANG for winning the SM&1 [»m»i ,J*>C #»h Thank you for recognising our contributions. ASIA AWARDS 2011 East Asia Institute o/" Management Winner of the SMEl Asia Awards 2011 PROMINENT SMEs The Prominent SMEs Award
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      40 28 Ms. Nichole Ni Hong Managing Director <o f ft Pindcioju i ft k fc] f -K fa Chongqing Liuyishou Huiguo Golden Chopsticks Group Pte Ltd Winner m me Emerging Category 8ME1 Asia Awards 2011 ISingapore) SMEl ASIA AWARDS 2011 mM
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      73 28 <<i SMEl ASIA AWARDS 2011 ImiR 1 < Mr Henry Se To Poh Kin Managing Director, IDD Interior Design Pte Ltd on being awarded for one of the esteemed Distinguished winners of the SME1 Asia Awards 2011 SINGAPORE i ar?) <■ □a asr33 .V. -m r, 5- r- IDD Interior
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      71 29 CONGRA TULA TIONS MR NALLAKARUPPAN Vina Trading Franchisee of 7-Eleven Singapore PROMINENT AWARD WINNER SMEl ASIA AWARDS 2011 9 ELEI/Ell CONGRATULATIONS TO KENNETH NG MANAGING DIRECTOR OF 00 MECFLOU Mecflou Pte Ltd, a joint venture with Cyclect Holdings Pte Ltd 11 H a* r Highly Experienced Team Tanks Piping f
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      242 30 PARADISE GROUP I ?c ft R W Gon(jraiufaiions to Mr Eldwin Chua, Founder and CEO of Paradise Group Holdings for being one of the Top Winners of the SME1 Asia Awards! Paradise Group is a leading Singapore-based restaurant group incorporated in 2008. Since its first Seafood Paradise outlet in 2002,
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      115 30 www.perfectus.com.sg PERFECTUS™ YOUR AWARD-WINNING TECHNICAL PARTNER ...iiiU MiM ...iii inn n m. i>* ijjii. (Mil,. iil ROBUST SOUND VISUAL IMPACT DYNAMIC LIGHTING Perfectus is a world-class consultant and service provider in technical services and production for the events industry. Merging state-of-the-art equipment with cutting-edge technical prowess, we empower our clients
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      111 31 Technology Racer Technology Pte Ltd 28, Changi South Street 1, Singapore *****2 Tel (65) 6546 8318 Fax (65) 6546 8313 Our Partners: SGS Tuv SUD PSB Singapore Prize Laser Welding Services RmiSTRR NIHON ETCHING (S) PTE. LTD. Ban Chuan Plaslinks Plastic Pte Ltd Technologies Pte Ltd Rotary slider mold and
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      96 32 SHINE SECURITY AGENCY Congratulations Roshan Singh S/O Sardara Singh Managing Director of Shine Security Agency Pte for being awarded one of the Notable winners of the SME1 Asia Awards 2011 SINGAPORE Ltd Accreditation Graded "A" by SIRD (2009, 2010) Security Association (Singapore) American Society for Industrial Security (ASIS International) Fire
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      149 32 a SUN JAPAN Congratulations to Sun Japan (Singapore) Systems Pte Ltd on being one of the esteemed Foreign winners of the SME1 Asia Awards 2011 SINGAPORE ASIA AWARDS 2011 Sun Japan (Singapore) Systems Pte Ltd 51 Bukit Batok Crescent, #06-37/38/39 Unity Centre, Singapore *****7 Tel:+65 6774 3733 Fax:+65 6774 2301
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      210 33 WINNER SPIRIT OF ENTERPRISE 20Q9 i <^yLviC~oj' "/Vcoi.'t. SWINNER SINGAPORE PRESTIGE BRAND AWARD 2010, 2011 (ESTABLISHED BRANDS) AN ASM£-IIANHE 2AOBAO AWAtO SfXm Singapore Prestige Brand Award 10 Winner, SP6A Established Brands WINNER MINDEF MERITORIOUS DEFENCE PARTNER AWARD 2010, 2011 tz:cJa TOTAL DEFENCE AWARDS WINNER SME1 ASIA AWARDS 2011 DISTINGUISHED CATEGORY
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      165 34 SWAN SWEE CONSTRUCTION PTE LTD Incorporated in 1992, Swan Swee Construction continues its unwavering mission to deliver quality products with prompt and dedicated services to its customers. Being one of the biggest market leaders in Singapore for the fabrication of metal construction materials, the company has been supplying hoarding and
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      291 34 V <* 7 M -f f ;K V/ y Mi A <? IT T I CONGRATULATIONS To Mr. Austin Yeoh, Mr. Levan Cher and Mr. Kavin Loi <m<tormi Directors of The Body Clinic for winning the SME1 Asia Award. Category NOTABLE SMEs AWARD The Body Clinic was established in 2004
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      67 35 CONGRATULATIONS!!! Victor Lim Kiam Chai SMEl n on n^s Graphics Pte. Ltd. ASIA AWARDS 9 011 or Being Conferred The Distinguished Award In The SME1 Asia Awards 2011 Si ngapore TUV ks SUD CERT NO.: 95-2-0429 ISO 9001:2008 CERT NO.: 2009-0437 ISO *****:2004 CERT NO.: OHS-2011 -0385 BS OHSAS *****:2007
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      338 36 ASIA PORE) irVttm PAINT (SINGA Ng Chua 1 > <=> A NETWORK EXPRESS COURIER SERVICES VS Kumar awards entrepreneurship summit i MICS ENGINEERING Ronald Goh I IDD INTERIOR DESIG SO TO Poh K 4 CHOR CONSTRUCTION Um Bong Klat 5V JU,.. IPAINT PLUS CONTRACT» U^olcBeng f S*3* VAN SWEE CONSTRUCTION
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