The Business Times, 24 July 2012

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Microfilm: NL32075
Total Pages: 63
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfSl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Tuesday, July 24, 2012
    25 words
  • Article, Illustration
    Lock icon Spain bears bad news to sink the markets
    841 1  -  Its debt-laden regions may spark national bailout; Greece exit talk surfaces again By NEIL BEHRMANN in London EUROPEAN stock markets and the euro slumped on a confluence of bad news about Spain and Greece. Such were the worries that Spanish ten-year bond
    841 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      110 1 HST INDEX 2,982.49 (-33.04) HST INDEX FUTURES 2,978 (-32) HSIMSCI 343.85 (-4.95) HSIMSCI FUTURES 343.50 (-6.60) us$ s$ US$ (S$ per US$) 1.259 (US$/S$ per 1.556 1.959 EURO (US$/S$/E) 1.210 1.523 Foreign currency per US$ S$ YEN 78.00 62.00 RM 3.173 2.520 HK$ 7.757 6.161 BAHT 31.78 25.24 RUPIAH
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    • Article
      Lock icon PRIME RATES
      17 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.202 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
      17 words
  • Article, Illustration
    Lock icon Inflation stays stubborn, hits poorer homes hard
    954 1  -  By TEH SHI NING [SINGAPORE] Inflation is still not coming down and appears to have hit poorest households hardest in the first half of this year. Policymakers expect inflation to moderate in the second half of the year after June’s rebound to 5.3
    Source: Department of Statistics  -  954 words
  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      150 1 PROPERTY S’pore ranks 18 in global retail rents PAGE 30 COMPANIES JB Foods makes debut with up to 40% gain PAGE 6 COMMENTARY To help or not to help? PAGE 23 Giving solutions for dressing up buildings SME Inc I PAGE 12 The continuously innovating mindset Productivity Matters I PAGE
      150 words
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      10 1 MALAYSIA NEWS Capital flight hits RM893b, research shows PAGE 15
      10 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      603 2 Spain bears bad news to sink the markets EUROPEAN stock markets and the euro slumped on a confluence of bad news about Spain and Greece. Such were the worries that Spanish 10-year bond yields spiked a quarter of a percentage point to a worrying 7.56 per cent in
      603 words
    • Article, Illustration
      Lock icon F&N, APB shares jump on Heineken’s bid for APB
      692 2  -  More twists in saga possible with Kirin said to be mulling competing bid By EMILYN YAP [SINGAPORE] Shares in Fraser and Neave (F&N) and its unit, Asia Pacific Breweries (APB), surged yesterday, after Heineken NV offered $7.5 billion to acquire the
      Source: Bloomberg  -  692 words
    • Article
      Lock icon Landlord wins non-lease renewal case
      523 2  -  Accepting rent does not mean landlord agrees on extension By VEN SREENIVASAN [SINGAPORE] In a ruling which has implications in landlord and tenant agreements, including commercial and residential leasing arrangements, the High Court last week ruled that a tenant cannot assume that the landlord has
      523 words
    • Article, Illustration
      Lock icon Astro-Lippo arbitration comes under scrutiny
      604 2  -  By JAMIE LEE [SINGAPORE] A clash between two Asian corporate bigwigs played out in Singapore’s High Court yesterday, as the arbitration process used to settle terms behind a failed pay-TV joint venture between Malaysia’s Ananda Krishnan and Indonesia’s James Riady came under contest. Mr Krishnan,
      604 words
    • Article, Illustration
      Lock icon RM10.7b new investments for Iskandar M’sia in H1
      475 4  -  S’pore the largest investor to date, with total RM4.56b committed by Dec ’11 By MALMINDERJIT SINGH [SINGAPORE] Iskandar Malaysia continues to attract new investments in 2012 despite the tumultuous global economic climate, with Singapore emerging as the largest foreign investor in the
      475 words
    • Article
      Lock icon Top China adviser sees growth slowing down to 7.4%
      648 4 Bloomberg [BEIJING] China’s growth may slide to 7.4 per cent this quarter from a year earlier, an adviser to the nation’s central bank said, underscoring Premier Wen Jiabao’s warning that the economy’s difficulties may “persist for a while”. The possibility of
      Bloomberg  -  648 words
    • Article
      Lock icon Japan ready to intervene in currency market
      490 4  -  By ANTHONY ROWLEY By in Tokyo INTERVENTION by Japan in the foreign exchange markets to halt the runaway appreciation of the yen appeared all but inevitable yesterday, after Prime Minister Yoshihiro Noda met Bank of Japan (BOJ) governor Masaaki Shirakawa over breakfast and
      490 words
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      210 2 whs <p m (t so aaiPBsasa# SINGAPORE CHINA (NINGBO) IMPORT AND EXPORT FAIR 26 28 July, 2012 10am 7pm Suntec Singapore International Convention Exhibition Center (401 Hall) NSExpo2012 Singapore China (Ningbo) Import and Export Fair is organised by Ningbo Foreign Trade Economic Cooperation Bureau, China. With 3,300 sq.m, exhibiting area
      210 words
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      22 2 FIND THE ONES THAT FIT! Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruit@sph.com.sg to advertise. L
      22 words
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      26 3 X Tee and coffee. y') y- > fri <*?} >■> w< qk qk O'c ly !>,. mp PPP i Xespresso www. nespresso.co m/p ro *****6 5007 Coffee, body and soul
      26 words
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      44 4 NO ENTRY! Don't venture into the unknown to find your perfect ride. Go to CATS Classified's vehicles classes, and you'll find the freshest and most extensive listing of new and pre-owned cars in all makes and models. WATS BUY IT* SELL IT* FIND IT
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      290 5 An Office You Can't Resist S 9 1* r Level 26 PSA BUILDING 460 ALEXANDRA ROAD SINGAPORE *****3 Join us for a coffee and tour T 6809 3000 W| servcorp.com.sg Or Google "Servcorp" Servcorp brings the world's finest serviced and virtual offices to the city fringe with the opening of
      290 words
  • COMPANY NEWS
    • Article, Illustration
      Lock icon RMG’s Q2 net gain up 6.8% to $12.4m
      476 5  -  Foreign patient market still growing amid competitive local hospital scene By NISHA RAMCHANDANI RAFFLES Medical Group posted a 6.8 per cent year-on-year increase in net profit to $12.42 million for the second quarter to June 30 as revenue rose 14.9 per cent
      BLOOMBERG  -  476 words
    • Article
      Lock icon DBS bid for Damon likely to be cleared: Fitch
      245 5 Bloomberg [LONDON] DBS Group Holdings Ltd’s US$7 billion bid for Bank Danamon Indonesia will probably go through under the country’s new bank ownership rules, according to Fitch Ratings. “They’ve taken a fairly pragmatic approach with respect to regulations on ownership,” Mark
      Bloomberg  -  245 words
    • Article, Illustration
      Lock icon StarHub wants bar raised even higher for OpenNet
      562 5  -  We need more time to execute changes safely: OpenNet By VICTORIA HO STARHUB is still prodding the regulator to be harder on OpenNet, with the latter on the defensive. Following the Infocomm Development Authority’s (IDA) decision to raise requirements on OpenNet, StarHub
      YEN MENG JIIN  -  562 words
    • Article
      Lock icon Reliance unit IPO shelved, shares slide
      457 5 Move comes after bookbuilding for IPO extended twice last week AFP Reuters [MUMBAI] Shares in India’s Reliance Communications slid nearly 4 per cent yesterday after it put off plans for a listing of up to US$1 billion by its undersea cable arm Flag because
      AFP; Reuters  -  457 words
    • Article, Illustration
      Lock icon Anil Ambani under pressure after IPO flop
      422 5 REUTERS BREAKINGVIEWS RELIANCE Communications just can’t seem to catch a break. The Indian telco has suffered another big setback in its attempt to shrink its US$7 billion debt mountain, after failing to drum up sufficient interest for a US$1 billion listing of its
      REUTERS  -  422 words
    • Article, Illustration
      Lock icon JB Foods makes debut with up to 40% gain
      373 6  -  Counter closes 10% over IPO price; it’s day’s top active with 152m shares traded By KENNETH FOO MALAYSIAN cocoa-ingredi-ent producer JB Foods made a strong debut on the Singaporean market yesterday, with its shares closing 10 per cent or three cents
      FILE PHOTO  -  373 words
    • Article, Illustration
      Lock icon Keppel Shipyard gets $103m conversion deals
      312 6  -  By JASMINE NG KEPPEL Shipyard has won three conversion contracts worth a total of $103 million, it said yesterday. The Keppel Corp subsidiary’s first contract was awarded by PTSC Asia Pacific for the conversion of a tanker to a floating production storage and offloading
      312 words
    • Article
      Lock icon No distributions for FSL until June ‘13
      423 6  -  By LYNN KAN THE trustee manager for First Ship Lease Trust declared no distributions the first ‘dry’ quarter for unitholders that will last 12 months till June 2013, when its lenders agreed to relax FSL Trust’s loan covenants. But CEO of FSL Trust
      423 words
    • Article
      Lock icon Investor Relations Highlights
      307 6 ShareInvestor A SUBSIDIARY OF Sfh Straits Trading Acquires Rendezvous Grand Hotel Melbourne Straits Trading bolstered its Australian portfolio of hotels to three with its recent acquisition of Rendezvous Grand Hotel Melbourne for A$61 million. The acquisition of the 100-year-old Melbourne property is part of Straits Trading’s hospitality
      307 words
    • Article
      Lock icon China Hongxing cash overstated by 1.15b yuan
      426 6  -  By TEH SHI NING CHINA Hongxing Sports’ special auditor found that the company overstated FY2010 cash and bank balances by 1.15 billion yuan, while payments were made without board approval at two key subsidiaries. Trading of shares in the company has been suspended
      426 words
    • Article
      Lock icon Changes in derivatives clearing rules
      382 6  -  By CONRAD TAN THE Singapore Exchange (SGX) has made changes to its derivatives clearing rules to protect its derivatives market in the event of multiple defaults of its clearing members at times of financial stress. The new rules clarify each clearing member’s liabilities if another
      382 words
    • Article
      Lock icon Private equity losing out to junk as dealmaking wanes
      781 6 US market for junk bonds hits US$1.01t, up 59% from 2009 Bloomberg [NEW YORK] Private-equity (PE) firms from Blackstone Group LP to Carlyle Group LP that fuelled an expansion in the market for junk bonds and loans during the leveraged buyout
      Bloomberg  -  781 words
    • Article, Illustration
      Lock icon US equities likely to rise: JPMorgan
      475 9  -  Companies stronger after restructuring, cost reduction and new investments By WANG XIN MIN US equities are still trending upwards despite weak macroeconomic data due to the strength of US corporations, and are expected to continue doing so, according to Christian Preussner, head of international
      AP  -  475 words
    • COMPANY BRIEFS
      • Article
        Lock icon OPH buys stake in FEO Asset Management
        56 9 ORCHARD Parade Holdings has purchased a 33 per cent stake in FEO Asset Management, the proposed manager of Far East Hospitality Reit, for $330,000. It has also acquired a 33 per cent interest in FEO Hospitality Trust Management, the proposed manager of Far
        56 words
      • Article
        Lock icon Tianjin Zhong Xin sees 50% rise in 1H profit
        90 9 TIANJIN Zhong Xin Pharmaceutical Group Corporation said it expects to report a 50-70 per cent year-on-year increase in net profit for the fiscal half year ended June 30. The company expects to record a gain on the disposal of its subsidiary
        90 words
      • Article
        Lock icon Sunpower bags 48.9m yuan contract
        73 9 CHINA-BASED heat transfer technology specialist Sunpower Group Limited has signed a contract worth 48.9 million yuan (S$9.67 million) with Hubei Fertiliser Company. Under the contract, its Jiangsu subsidiary will supply two coupling reactors for a glycol production demonstration unit with an annual capacity of 200,000
        73 words
      • Article
        Lock icon UEL unit acquires two treatment plants
        110 9 UNITED Envirotech Ltd (UEL) said its subsidiary, United Envirotech Water Co Ltd (Changyi Co), has acquired two industrial wastewater treatment plants in Changyi City, in Shandong province, China. The Phase I capacities of the plants are 40,000 cubic metres per day and 30,000 cubic
        110 words
      • Article
        Lock icon Swee Hong wins $12.8m LTA contract
        38 9 SWEE Hong Limited has secured a $12.8 million contract from the Land Transport Authority. Under the contract, Swee Hong will widen Upper Paya Lebar Road from Upper Serangoon Road to Bartley Road.
        38 words
      • Article
        Lock icon Mun Siong expects first-half loss
        41 9 MUN Siong Engineering expects to report a net loss for the six months ended June 30, 2012, on the back of lower business activity, rising operating costs, as well as margins driven down by keen competition.
        41 words
      • Article
        Lock icon Lorenzo warns of H1 net loss
        42 9 LORENZO International warned yesterday that it is expecting a net loss for the six months ended June 30, due to poorer export sales, weak demand for furniture in Malaysia and Taiwan and the stronger Singapore dollar.
        42 words
      • Article
        Lock icon Digiland hires top execs from Abterra
        66 9 DIGILAND has appointed listed resources firm Abterra’s chairman, Cai Sui Xin, and chief executive, Lau Yu, as its new executive chairman and vice-chairman respectively. Digiland said that it has “identified the coal and coke business as a feasible new business line to ride on
        66 words
    • Article
      Lock icon Baker strengthens Q2 performance with PPLH sale
      300 9  -  By TEO SI JIA THANKS to the recognition of a deferred disposal gain of $58.2 million, Baker Technology found itself comfortably in the black for the second quarter ended June 30. The group yesterday reported a net profit of $61.33 million for the
      300 words
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      879 7 JOIN THOUSANDS AT THE PREMIER SOURCING EVENT THIS JULY! Gifts Premiums Fair SINGAPORE GIFTS PREMIUMS FAIR """LINK 13 th Singapore International Trade Exhibition for Promotional, Corporate, Incentive and Retail Gifts www.SGPFair.com STATIONERY&OFFICELINK 12 th Singapore International Trade Exhibition for Office Products and Stationery O www.SOLFair.com 25-27 July 2012 10.30am 6.30pm
      879 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Return of euro fears sparks selling
      605 8  -  ST Index falls 33 points as Spanish and Italian bond yields spike to 7 per cent STOCKS R SIVANITHY Senior Correspondent After rising 105 points since the start of the month, the Straits Times Index yesterday fell 33.04 points to 2,982.49, in line with
      Source: Bloomberg  -  605 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 8 Jul 23 VALUE CLOSE BT OB/OS -149.00 -56.00 BT CADI -*****.00-234.00 BT 10-day MA -*****.00 -15.00 FTSE ST Mid Cap 687.63 -9.37 FTSE ST Small Cap 452.53 -6.01 FTSE ST All Share 720.91 -8.37 FTSE ST China Top 200.57 -4.00 FTSE ST China 224.42 -2.46 FTSE ST
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      60 8 VOLUME JB Foods 152,350,000 GSH Corp 98,802,000 Golden Agri 67,171,000 MDR W*****5 65,316,000 ElektromotiW*****0 57,425,000 Midas 53,868,000 Noble Grp 53,279,000 Genting SP 45,991,000 HLH Grp 38,749,000 ChinaTaisan 38,539,000 VALUE($) F&N 60,658,640 Genting SP 59,608,385 JB Foods 58,381,940 Noble Grp 56,316,175 DBS Grp 54,918,130 Golden Agri 49,222,325 SingTel
      60 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 0 13 3 0 0 0 0 13 3 Manufacturing 19 83 37 3 4 11 22 87 48 Commerce 12 33 15 3 6 2 15 39 17 Tpt/Stor/Comms 5 28 5
      186 words
    • Article, Illustration
      Lock icon BROKERS’ TAKE
      923 8  -  Compiled by CONRAD TAN Raffles Medical Group July 23 close: $2.58 DBS Group Research, July 23 RAFFLES Medical Group’s Q2 2012 results are below expectations. Net profit rose 6.8 per cent y-o-y to $12.4 million, while topline revenue grew a robust 14.9 per cent y-o-y to $76.9 million.
      Source: Bloomberg  -  923 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 10,938 10,938 51,331 51,331 Manufacturing 458,099 33,281 491,380 289,879 1,139 291,018 Commerce 307,695 5,400 313,095 147,407 364 147,770 Tpt/Stor/Comms 66,595 13,057 79,652 108,596 3,707 112,303 Finance 20,889 3,904 24,793 140,564 1,542 142,106 Construction 82,017 635
      123 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 8 Stock name Close Change Stock name Close Change CapMallsAsia 1.550 -0.030 CapitaLand 2.880 -0.070 CapitaMall 1.930 CityDev 11.700 -0.190 ComfortDelGro 1.585 -0.055 DBS Grp 14.440 -0.240 F&N 7.920 +0.320 GLP 2.270 Genting SP 1.285 -0.035 Golden Agri 0.730 -0.030 HK Land 5.930 -0.020 JMH 51.690 +0.370
      111 words
    • Article, Illustration
      Lock icon Euro hits 2-year low against greenback
      475 8 CURRENCIES Reuters [NEW YORK] The euro slid to a twoyear low against the US dollar and a near 12-year trough against the yen yesterday, on concerns that Spain will have to seek a full sovereign bailout. Spanish bond yields soared to their highest levels
      Reuters; BLOOMBERG  -  475 words
    • Article
      Lock icon RISES
      112 8 BY CENTS CLOSE UP Asia Pac Brew 4849 649.0 15.5 DBXT S&P Short 10US$ 3773 80.6 1.7 JMH 5169 46.6 0.7 F&N 792 32.0 4.2 F&N.ES.1207 799 31.0 4.0 Isetan 387 17.0 4.6 OCBC Bk 4.5%NCPS 100 ***** 15.0 0.1 OCBC Bk BPeCW*****3A 64.5 13.0 25.2 OCBC Bk 5.1%NCPS
      112 words
    • Article
      Lock icon FALLS
      128 8 BY CENTS CLOSE DOWN DBXT iBoxxSvEu 5US$ ***** -619.3 -2.2 DBXT Nifty 10US$ 9294 -474.6 -3.9 DBXT MSKorea 10US$ 5100 -201.4 -3.0 GLD 10US$ ***** -136.0 -0.7 Jardine C&C 4563 -124.0 -2.6 DBXT SPASX200 10US$ 3265 -80.6 -1.9 DBXT MSAsExJp 10US$ 2857 -78.1 -2.1 DBXT MSTHAI 10US$ 1753 -70.5
      128 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
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      205 9 Grandstand OUT OF TOWN, IN TO LIFE Retail 5^ s Services Gra cX^ 6 rmart HVP e e$s Kids' Activities Food Beverage Automobile I +v PM ■i >• A 7 ja» ANEW BEGINNING AT THE GRANDSTAND For leasing enquiries, please call us at 6279 7300 A fresh business opportunity is
      205 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Two sites at Dairy Farm, Punggol up for tender
      663 10  -  Govt sale sites could yield 390 condo units and 560 exec condo units By MINDY TAN TWO residential sites, expected to yield about 950 units, have been launched by the Urban Redevelopment Authority (URA), and the Housing and Development Board (HDB).
      663 words
    • Article, Illustration
      Lock icon McKinsey opens Centre for Government
      371 10  -  By LEE U-WEN GLOBAL consulting firm McKinsey Company has set up a new centre of expertise in Singapore to help governments around the world come up with effective solutions to their problems. The centre the Asian hub of the McKinsey Centre for Government (MCG) is
      371 words
    • Article, Illustration
      Lock icon Taiwan’s E.Sun Bank opens Singapore branch
      420 10  -  By EMILYN YAP TAIWAN’S E.Sun Bank opened its branch in Singapore yesterday its first in South-east Asia and plans to drive expansion in the region from here. E.Sun needs to be a regional bank first if it wants to be a global player someday,
      YEN MENG JIIN  -  420 words
    • Article
      Lock icon Singapore undergoes Trade Policy Review at WTO this week
      318 10  -  By LEE U-WEN SINGAPORE is undergoing its latest Trade Policy Review (TPR) at the World Trade Organisation’s (WTO) headquarters in Geneva this week. A multi-agency delegation from Singapore, led by Permanent Secretary for Trade and Industry Ow Foong Pheng, is currently
      318 words
    • Article
      Lock icon Jurong Island LNG terminal project ahead of schedule
      492 10  -  By RONNIE LIM CONSTRUCTION of Singapore’s $1.7 billion liquefied natural gas terminal on Jurong Island is ahead of schedule, with 92 per cent of the overall project already completed as at last month, Singapore LNG said. But it did not give an
      492 words
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      Lock icon Page 11 Advertisements Column 1
      151 11 PLEASURES “I enjoy more rewards and benef its by paying my subscr i pt ion direct l y t o SP H.” “Subscr i bing t o Straits Times (S T Pr int Trikvt, Dk| O n l ine and Mobile packages br ings me wonder ful gifts.” Sure-GetGiftswithanySubscriptionPackage forAll-in-OnePackagesSpecialBuy
      151 words
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  • SME Inc
    • Article, Illustration
      Lock icon Giving solutions for dressing up buildings
      1077 12  -  Facade specialist Seiko Architectural Wall Systems turns an architect’s vision into reality, report NATALIE TOPACIO PENA, NG TZE KIAN JOEL AND SHARON CHEW WEI FANG reportNATALIE reportNATALIE TOPACIO PENA, NG TZE KIAN JOEL AND SHARON CHEW WEI FANG The writers are students from NUS
      ARTHUR LEE  -  1,077 words
    • Article, Illustration
      Lock icon Corporatising a private medical practice and taking it global
      930 12  -  ACLDT, the first private liver disease treatment centre in Asia, is listed and expanding By VISHWESH IYER The writer is a freelance business writer and communications consultant VERY few professionals manage to transform themselves into corporate entities and it is even
      THINK PUBLIC RELATIONS  -  930 words
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      74 12 HAVE an interesting story on an SME to share? Drop us a note on why you think the company should be featured in our weekly SME INC pages, with details like how much the company has grown, and what sort of expansion plans it has. Send your e-mail to Felda
      74 words
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  • PRODUCTIVITY MATTERS
    • Article, Illustration
      Lock icon The continuously innovating mindset
      1462 13  -  Surface finishing firm Cel Coating Industries believes in making bold changes through R&D to stay ahead, reports TEH SHI NING reportsTEH TEH SHI NING EVERY business owner wants to do well. So when times get tough, it is not an option to just “sit, complain and
      YEN MENG JIIN  -  1,462 words
    • Article, Illustration
      Lock icon Executing changes with discipline, automation
      1143 13  -  By TEH SHI NING IT took the global financial crisis of 2009 to wake Hup Fatt Brothers Engineering (Hup Fatt) up to the reality that major change was needed. But once it did, the firm, which fabricates precision structures and sheet metal and does electromechanical
      1,143 words
    • Article, Illustration
      Lock icon Where to go
      158 13 Schemes for PE productivity: FUNDING WORK PROCESSES IMPROVEMENT WORKFORCE DEVELOPMENT Under A*STAR’s Growing Enterprises with Technology Upgrade (GET-UP) programme for SMEs are the following schemes: 1. Technology for Enterprise Capability Upgrading (T-UP): R&D talent in research institutes can be seconded to companies, who get partial funding for
      Source: National Productivity & Continuing Education Council (NPCEC)  -  158 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon No winners in race for economic growth medals
      704 14 Data from eurozone, US and Britain this week unlikely to provide much joy Reuters [LONDON] “Faster, Higher, Stronger” is the motto of the Olympics opening in London on Friday. “Slower, Lower, Weaker” would be a better description of the economic performance of
      Reuters; REUTERS  -  704 words
    • Article
      Lock icon US consumer confidence, stock valuation diverge
      502 14 Bloomberg [NEW YORK] US consumer confidence and equity valuations are diverging the most in 17 years as the economy and profit growth leave stock prices behind. The Standard Poor’s 500 Index has traded at an average price-earnings multiple of 13.9 this year, 0.18 times
      Bloomberg  -  502 words
    • Article
      Lock icon Aussie mining boom could be over in 2 years
      301 14 AFP [SYDNEY] Australia’s mining boom will slow more sharply than expected and could be over within two years due to easing demand from China and falling prices, a leading economic forecaster warned yesterday. Mining exports to industrialising Asian nations, chiefly China,
      AFP  -  301 words
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      856 14 THE POWER OF EFFECTIVE BRANDING, SELLING THINKING STRATEGIES Who should attend: Senior Management and Professionals in Brand Management, Public Relations Advertising, Sales Marketing, Business Development, Entrepreneurs and individuals looking to market and brand their identity FULL-DAY WORKSHOPS Critical Thinking Sun Tzu’s Art of War Style FULL-DAY SEMINAR Tuesday, 24 July,
      856 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Capital flight from M’sia hits RM893b, research shows
      586 15  -  But estimate by UK body could be on high side as GLCs’ investments counted By S JAYASANKARAN in Kuala Lumpur ABOUT RM893 billion (S$357 billion) left Malaysia between 1970 and 2010, making it one of the top 20 developing countries most affected
      REUTERS  -  586 words
    • Article
      Lock icon Public Bank Q2 profit steady at RM953m
      476 15  -  By PAULINE NG in Kuala Lumpur MALAYSIA’S Public Bank Group has posted a net profit of RM953 million for the quarter to end June, largely unchanged from the same period last year as well as the preceding three months. For the cumulative six
      476 words
    • Article
      Lock icon Bank Indonesia to start buying Chinese bonds
      218 15 Bloomberg [BEIJING] Indonesia’s central bank will start to invest in Chinese bonds as it seeks to diversify its foreign-exchange reserves. Bank Indonesia will begin purchasing the securities to expand financial cooperation between the two countries, according to a statement posted on the People’s
      Bloomberg  -  218 words
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      471 15 Deutsche Bank db X-trackers ETFs I 1 V Over USD250m assets 1 The largest China A-shares ETF available in Singapore 2 Exposure to a diversified China A-shares index Listed in USD on SGX UCITS compliant 'pevfotm. 1 Source: db X-trackers website, as of 31 May 2012 2 Source: Deutsche Bank
      471 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Leaders likely to back Wen’s cautious stance on stimulus
      518 16  -  Vice-PM Li Keqiang may fail in push for stepped-up monetary easing By THERESA TANG EJ Insight [HONG KONG] President Hu Jintao, Premier Wen Jiabao and other top Chinese leaders are expected to hold a meeting this week to give a diagnosis
      EJ Insight; AP  -  518 words
    • Article
      Lock icon 12 firms given ‘undue favours’ for coal mining: report
      279 16 AFP [NEW DELHI] Indian investigators believe 12 firms were given “undue favours” by the government when it let them mine coal without making them bid for the rights, a newspaper report said yesterday. An official from the Central Bureau of Investigation
      AFP  -  279 words
    • Article, Illustration
      Lock icon India’s pampered poodles wallowing in luxury
      665 16 Reuters [NEW DELHI] Oreo marked her birthday this year with a pool party in a posh New Delhi neighbourhood. Nothing unusual except that the two-year-old is a dog. The Dalmatian celebrated with a cake of flour, cheese and chicken tikkas, garnished with a ribshaped
      Reuters; REUTERS  -  665 words
    • Article
      Lock icon India PM faces resistance to revive Wal-Mart plan
      532 16 MNC supermarkets seen displacing shopkeepers, traders Bloomberg [NEW DELHI] The ruling party of India’s most populous state and communist groups advised Prime Minister Manmohan Singh against reviving plans to allow overseas companies to open supermarkets, a move already opposed by a key
      Bloomberg  -  532 words
    • Article
      Lock icon Poor rains add to India’s economic problems
      615 16 Reuters [MUMBAI] Faced with slowing economic growth and a dangerously high balance of payments deficit, about the last thing India needs is food prices pushing inflation higher, but that is just what the weather gods are brewing. Rains have been patchy since the
      Reuters  -  615 words
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      102 16 SHARElNVESTOR.com The Pulse Of Trading Lucky Vo^ Stand a chance to win attractive cash prizes when you sign up or renew your Sharelnvestor membership plan. More than $6000 worth of cash prizes to be won! 2nd Prize $1000 Top Prize $2000 3rd ’rize $500 For EVERY $100 SPENT on the
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  • WORLD
    • Article, Illustration
      Lock icon Thailand, Myanmar to push forward with Dawei
      628 17 Yingluck, Thein Sein voice commitment to US$8.6b port and industrial zone INVESTING IN MYANMAR Bloomberg [BANGKOK] Thai Prime Minister Yingluck Shinawatra said her government was committed to seeing “concrete progress” in the development of the US$8.6 billion Dawei port and industrial zone in
      Bloomberg; BLOOMBERG  -  628 words
    • Article
      Lock icon Daiwa to lead US$380m Myanmar plan
      563 17 Reuters [TOKYO]Daiwa Securities Group aims to spearhead a US$380 million investment in Myanmar to build an information technology backbone for the government in partnership with major Japanese tech companies. The ambitious plan underscores the drive by Japan to stake out a competitive position in
      Reuters  -  563 words
    • Article
      Lock icon Apple may post slowest performance in two years
      457 17 Bloomberg [SAN FRANCISCO] As iPhone fans await the release of a new model, they are delaying purchases and may cause Apple, the world’s largest company by market value, to post its slowest sales and profit growth in more than two years. With
      Bloomberg  -  457 words
    • Article
      Lock icon Canon to sell its first mirrorless model in Sept
      281 17 Bloomberg [TOKYO] Canon, the world’s biggest camera maker, will start selling its first mirrorless model in September as demand shifts away from traditional point-and-shoot cameras. The EOS M digital camera will go on sale in Japan starting from 79,800 yen (S$1,286)
      Bloomberg  -  281 words
    • Article
      Lock icon Major fixed-income investors see gold in corporate bonds
      710 18 Glenmede and BlackRock among those shunning sovereign debt Bloomberg [SINGAPORE] The world’s biggest fixed-income investors, fed up with yields on benchmark government bonds that pay less than zero per cent, say they’ve found a new haven from turmoil sweeping global markets: corporate
      Bloomberg  -  710 words
    • Article
      Lock icon British firms pay out bumper dividends
      225 18 Reuters [LONDON] UK companies paid a record £22.6 billion (S$44.5 billion) in dividends in the second quarter as many firms baulked at spending bumper cash piles on deal making or other forms of capital expenditure in the face of the global economic slowdown. The
      Reuters  -  225 words
    • Article
      Lock icon London prostitutes cleared from streets
      421 18 Police removing them from area around stadium in Newham in run-up to Games AFP [LONDON] The London Olympics are not big business for everyone sex workers say they are being cleared from the streets around the stadium to make the area more presentable for the
      AFP  -  421 words
    • Article
      Lock icon US banks breed 10k units to cut tax, avert rules
      557 18 Senator proposes legislation to force their breakup Bloomberg [NEW YORK] The biggest US banks created more than 10,000 subsidiaries in the past 22 years as they expanded, using legal structures to pay lower taxes and escape tighter regulation, according to
      Bloomberg  -  557 words
    • Article, Illustration
      Lock icon Cnooc to acquire Canada’s Nexen for US$15.1b
      657 19 Sinopec to buy 49% stake in UK unit of Canada’s Talisman Energy for US$1.5b Bloomberg [HONG KONG] Cnooc Ltd agreed to pay US$15.1 billion in cash to acquire Canada’s Nexen Inc in the biggest overseas acquisition by a Chinese company, sending Nexen shares
      Bloomberg; BLOOMBERG  -  657 words
    • Article
      Lock icon Spain, Italy ban stocks short-selling amid volatility
      375 19 Euro trades below its lifetime average against the US$ Bloomberg Reuters [PARIS] Spain and Italy moved to ban short-selling of stocks as prices dropped and the euro traded below its lifetime average against the US dollar on concerns about the European Union debt
      Bloomberg; Reuters  -  375 words
    • Article
      Lock icon Eurozone govt debt climbs to record 88.2% of GDP in Q1
      414 19 Bloomberg [FRANKFURT] Euro-area governments’ debt burden increased in the first quarter to the highest since the single currency began as nations battled the fiscal crisis. Government debt as a percentage of gross domestic product rose to 88.2 per cent
      Bloomberg  -  414 words
    • Article, Illustration
      Lock icon Fukushima plant operator dragging feet, says report
      482 19 Inquiry panel says Tepco not keen on addressing problems AP [TOKYO] The operator of Japan’s crippled nuclear power plant is still stumbling in its handling of the disaster 16 months later, by dragging its feet in investigations and trying to understate the true
      AP  -  482 words
    • Article
      Lock icon No room for error in Facebook’s debut quarter
      656 19 Slowing revenue growth in spotlight after rocky IPO Reuters [SAN FRANCISCO] Facebook Inc faces immense pressure to beat Wall Street’s financial targets when it delivers its inaugural quarterly earnings report this week, hoping to wash away the bad taste left with investors
      Reuters  -  656 words
    • Article, Illustration
      Lock icon Rake not running for post of chairman at Barclays
      479 20 Bank now expected to look for external candidates to replace ex-chairman, CEO Reuters [LONDON] Michael Rake has ruled himself out of the running for the chairmanship of Barclays a role he had been favourite to assume, raising fresh questions on the
      Reuters; AFP  -  479 words
    • Article
      Lock icon Shooting affects ‘Batman’ ticket sales
      284 20 Reuters [LOS ANGELES] The Dark Knight Rises recorded strong ticket sales in its opening weekend, but well below forecasts given by many in Hollywood, as some moviegoers appeared to have stayed away after a shooting rampage at a midnight showing of the film on Friday.
      Reuters  -  284 words
    • Article
      Lock icon US lacks political will to end stalemate over gun law
      384 20 Key battlegrounds in Nov polls wedded to ‘right to bear arms’ AFP [WASHINGTON] Despite profound soul-searching over the Colorado shooting rampage, there is no political willingness to end the long stalemate over the toxic gun law issue, particularly in a
      AFP  -  384 words
  • Page 17 Advertisements
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      429 17 Win round-the-world travel tickets for 2 Simply access our global trading tools to trade in foreign markets, futures, forex or take up multicurrency share financing and start accumulating your lucky draw chances* With OCBC Securities, you can trade globally with confidence. Contact your Trading Representative, call our hotline at 1800
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      38 18 DOWNLOAD THE NEW 31.BFM ANDROID APR NOW! Wi FACEBOOK.COM/NINETYONETHREE FOLLOW US ON TWITTER BRADIO_B13 LOG ON TO WWW.RADIOB13.COM Let your investors know about your financial results by advertising in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
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      20 18 TAKE A LOOK AT LIFE ON TOP Subscribe to Asia’s leading luxury yachting magazine today Visit www.asia-pacificboating.com or email sub@bluincmedia.com
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      636 18 PLOT 25 7 AVENUE SOUTH TUAS TUAS SOUTH AVENUE 12 17 31 43 77 17 PLOT 26 (U/C) PLOT 27 7 PLOT 30 0.86 Ha 74 PLOT 31 TUAS SOUTH STREET 6 (U/C) (U/C) 57 STREET 10m WIDE TEMPORARY ROAD (U/C) PLOT 12 0.46 Ha PLOT 11 17 SOUTH TUAS
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  • Page 19 Advertisements
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      855 19 WATS NOTICES IN THE MATTERS OF CLEGHORN, WILTON ASSOCIATES (SINGAPORE) PTE LTD (Co. Reg. No. *****3119R) (IN MEMBERS’ VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Members of the company held at 15 Verde Crescent, Villa Verde, Singapore *****0 on 21st July 2012 the following special resolutions were passed:1. That
      855 words
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      209 20 Be Part of Singapore’s MOST UNIQUE CdK6r Foil 1 Dedicated Zones to Make Job Hunting FUN Just for Job Seekers! A I Find My Dream Job Resume Uploading in a Snap! Make-me over Complimentary Makeovers! Z^crv\£L ST JOBS S>CAREER& DEVEL0PMENT2012 www.stjobs.sg/fa FREE ADMISSION DATE: 28 29 JULY, SAT SUN VENUE:
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Changi Jan-June passenger traffic up 11.6% over first-half 2011
      448 21  -  Airport handled 9.7% more travellers last month than June last year By VEN SREENIVASAN SINGAPORE Changi Airport handled 4.4 million passenger movements last month, a 9.7 per cent increase over the previous year. For the first half of 2012, Changi Airport
      FILE PHOTO  -  448 words
    • Article
      Lock icon Capesize rate recovery slower than expected
      219 21 Bloomberg [LONDON] Rates for ships that carry dry-bulk commodities will recover later than previously estimated as demand for cargoes slows, according to Fearnley Securities. Daily earnings for Capesizes, the largest ships hauling iron ore and coal, will average US$14,000 next year and US$16,000 in
      Bloomberg  -  219 words
    • Article
      Lock icon American Air’s union seeks vote
      496 21 It will send firm’s latest contract offer to its members AP [DALLAS] The flight attendants’ union at American Airlines said on Friday that it would send the troubled company’s latest contract offer to its members for a ratification vote. The Association of Professional Flight Attendants
      AP  -  496 words
    • Article, Illustration
      Lock icon Costa Concordia black box findings to be revealed in court
      275 21 AFP [ROME] Findings from the black box of the Costa Concordia cruise ship will be revealed on Oct 15, an Italian judge said on Saturday at a hearing where the data was due to have been presented. Lawyers representing survivors
      AFP  -  275 words
    • Article
      Lock icon LATAM plans wider use of advanced navigation tools
      553 21 Reuters [LONDON] Latin America’s biggest airline plans to use an efficiency-boosting navigational system for all its routes in coming years, the LATAM Airlines Group said last week. LATAM, formed last month by Chilean carrier LAN’s estimated US$2.7 billion takeover of Brazilian rival
      Reuters  -  553 words
    • Article
      Lock icon TRANSPORT STOCKS
      253 21 SGX '000 Jul 23 S$ +/-Vol CH Offshore 0.40 -0.01 533 Chuan Hup Hldg 0.22 -0.01 150 Cosco Corp 0.97 -0.03 4820 Jul 23 s$ First Ship Lea 0.17 unch 321 Freight Links 0.07 unch 1557 Grand Banks 0.19 unch ***** Jaya Hold Ltd 0.58 0.01 133 K1Ventures
      253 words
    • Article
      Lock icon The Business Times Shipping Times
      1934 24 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 UK CONTINENT SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN
      1,934 words
  • Page 21 Advertisements
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      34 21 ChineseAcademy of Social Sciences: Macro-controls failedtoreinin homepricesinH1 failed to rein in home prices in Hi 1/ 1 mini fmf M xt 5-Vn n Hi fa* LZ/J To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      300 21 CRYPTIC CROSSWORD Across 1 Grannie, a nan possibly old inside? (12) 8 Inception filming location (5) 9 Put up again in bedroom, perhaps (9) 11 Politicians dropping Socialist leader by Tory leader’s account (9) 12 River trade missing Test (5) 13 Rulers incorporating one metre units (9) 16 He makes
      300 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon China should practise what it preaches
      494 22 EDITORIAL IT is good that Asean is in the process of patching up over the South China Sea dispute between China and some members of the grouping. Indonesian Foreign Minister Marty Natalegawa’s efforts to undo the damage to Asean solidarity when it failed to
      494 words
    • Article, Illustration
      Lock icon Why India’s business environment is complicated
      766 22  -  THE BOTTOM LINE YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT VISITING Singapore Prime Minister Lee Hsien Loong put it in a nutshell when he described India’s business environment as “complicated”. The word sums up all the upheavals of
      766 words
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      Lock icon Growing need for fairness and respect
      1054 22  -  Negative income tax is better than welfare or workfare for the unemployed By ERIK STERN The writer is president (international), Stern Stewart Co, a business consultancy FAIRNESS in society and among societies has recently become a major topic among the chattering classes. The phrase
      FILE PHOTO  -  1,054 words
    • Article, Illustration
      Lock icon To help or not to help?
      1118 23  -  After the fiasco in Iraq, there is scepticism over the call for an activist US role in achieving regime change in Syria LEON HADAR Washington Correspondent A FEW days ago I was exchanging e-mail messages with a friend about the crisis in Syria and
      AFP  -  1,118 words
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      Lock icon Climate change disaster has begun
      895 23  -  PAUL KRUGMAN The writer is professor of economics and international affairs at Princeton University, and winner of the Nobel Prize in economics in 2008 A COUPLE of weeks ago, the American Northeast was in the grip of a severe heat wave. As I write this,
      REUTERS  -  895 words
    • Article
      Lock icon Don’t confuse size of listing on bourse with its quality
      425 23  -  LETTER TO THE EDITOR Mak Yuen Teen Associate professor National University of Singapore I REFER to the report “SGX mainboard sets sights on loftier image” and the commentary “New SGX rules many hits but one big miss” (BT, July 20).
      425 words
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  • Page 23 Advertisements
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      103 23 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      2619 25 Transaction date: Jul 23 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol Day Last Quote ('000) High Low Buyer Seller 132 92.5 AIMSAMPIReit 125cd -2 803
      2,619 words
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      Lock icon SGX CATALIST
      192 26 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol 4.6 1.3 t Advanced System 1.8 unch 600 1.8 1.8 1.8 1.9 23.8 Last Quote Div Gr Yld Net M
      192 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      8230 26 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha FuncfCI A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mat Asia Limited Asian Local Ccy SD Bond
      8,230 words
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      Lock icon GLOBALQUOTE
      189 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 46 25.5 Genting HK US$ US32 unch 2811 32 31 31.5 32 2107 Last 220 168 TanChongInt HK199 197 208 4.3 3.5 6.7 4007.7 STOCK PRICES
      189 words
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      Lock icon SGX ETF
      1000 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 113.5 ABF SG Bond ETF 120.8 +0.1 3 120.8 120.8 120.7 122 551.4 122.4 122.2 CIMB APAC Div 100S$D 122.2 124.1 125 103 95.8 CIMB
      1,000 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      653 27 Jul 23 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8582.28 8606.23 8500.27 Sep12 8695.00 8700.00 8490.00 8505.00 ***** *****9 Dec12 8540.00 8540.00 8445.00 8440.00 2 9662 MSCI TAIWAN INDEX FUTURES SPOT 251.97 251.97 246.90 Jul12 251.90 252.60 245.70 246.40 ***** *****3 Aug12 249.20
      653 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 27 In local curr In S$ In US$ dy yr dy yr dy yr Jul 20 Index Change Change Change Change Change Change World Preliminary 873.7 -1.0 5.3 -0.9 1.1 -1.1 4.3 EAFE Preliminary 697.0 -1.4 2.2 -1.6 -3.3 -1.8 -0.3 Europe Preliminary 1046.2 -1.5 1.9
      373 words
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      Lock icon SMX MARKET UPDATE
      141 27 As on 20 July 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT AUG2012 1586.00 1573.30 1582.90 417 INDIA GOLD (E-GOLD) FUT AUG2012 529.75 526.00 529.25 1444 GOLD FUT OCT2012 1585.50 1576.90 1585.20 23 CURRENCY EUR-USD FUT SEP2012 1.2289 1.2155 1.2165 2395
      141 words
    • Article
      Lock icon CHICAGO BOT
      107 27 Jul 20 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 12 1757.50 1733.75 1777.75 1729.00 Sep 12 1713.25 1691.25 1730.00 1685.00 Nov 12 1686.25 1652.25 1691.00 1645.00 Jan 13 1663.25 1634.00 1671.00 1627.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Aug 12 54.36
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 27 CRUDE OIL PRODUCTS Jul 20 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 106.73 -0.80 WTI (Near Mth) 91.49 -0.97 Dubai (1-Mth F) 103.07 0.47 Tapis blend 109.95 0.44 Minas 110.55 0.44 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 96.78 0.78 Jet Kerosene 122.56 0.75 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 27 Jul 23 S$ Bid Offer 1-month 1.2588 1.2593 2-months 1.2587 1.2592 3-months 1.2584 1.2590 6-months 1.2570 1.2576 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      66 27 Jul 20 Jul 20 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1872.75 1925.00 3 months 1892.00 1944.00 Copper, Grade A(US$/tonne) Cash 7543.00 7734.00 3 months 7545.00 7730.00 Lead(US$/tonne) Cash 1894.00 1922.75 3 months 1901.00 1929.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3
      66 words
    • Article
      Lock icon LIFFE
      80 27 Jul 20 COCOA (£/tonne) Close Prev High/Low Sep 12 1543 1532 1554/1523 Dec 12 1526 1520 1535/1512 Mar 13 1512 1505 1522/1498 May 13 1512 1504 1522/1496 COFFEE(US$/tonne) Close Prev High/Low Jul 12 2165 2168 2167/2165 Sep 12 2187 2192 2207/2170 Nov 12 2168 2171 2183/2154 Jan 13 2124
      80 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1151 27 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 4 1 146 384 7.75 22 (’000) Conv Baker Technology Ltd W*****6 1.2 0.1 350 1 32 7 25.83 4 Exer Best World Intl Ltd W*****5 0.6 1
      1,151 words
    • Article
      Lock icon INTERBANK CROSS RATES
      470 27 Jul 23 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.047 6.580 0.851 7.990 57.523 97.649 0.804 11.810 3.268 1.301 97.257 43.339 1.297 8.650 1.023 30.967 32.735 0.662 1.030 Canada 0.955 6.287
      470 words
    • Article
      Lock icon SIBOR
      63 27 Jul 23 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 0.***** 6 mths 9 mths 0.***** SWAP Mid rates (S$) 0.***** SWAP Mid rates
      63 words
    • Article
      Lock icon PRECIOUS METALS
      135 27 Jul 23 GOLD(US$/oz) Jul 20 Jul 23 Hong Kong 1593.20 1583.20 Jul 23 Jul 19 Jul 20 London 1587.96 1580.20 1588.73 1581.20 Source: Thomson Reuters CAST BAR Jul 23 (S$) Selling Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 154 64 5gm 436 320 10gm 779
      135 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      92 27 Jul 23 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 25-Oct-12 0.23 6-Month BS*****Z 24-Jan-13 0.23 1-Year BY*****T 02-May-13 0.23 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.12 5-Year N*****0Z 2.375 01-Apr-17 109.25
      92 words
    • Article
      Lock icon PALM OIL
      57 27 Jul 23 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 12 2980.0 3010.0 2980.0 2950.0 375 4817 Sep 12 3009.0 3025.0 3009.0 2956.0 3664 ***** Oct 12 3000.0 3042.0 3008.0 2969.0 ***** ***** Nov 12 3008.0 3050.0
      57 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      153 27 Jul23 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2966 1.2972 1.0300 1.0301 Canadian dollar 1.2385 1.2396 0.9843 0.9839 Euro 1.5229 1.5238 1.2098 1.2100 NZ dollar 0.9966 0.9974 0.7917 0.7920 Sterling pound 1.9587 1.9600 1.5560 1.5564 US
      153 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 27 As at 9am Jul 23 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.332 1.269 Can dollar 1.270 1.210 Euro 1.563 1.489 Sterling pound 2.000 1.924 NZ dollar 1.031 0.982 US dollar 1.278 1.229 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      153 27 Jul23 $S Offer Bid 0vernight 0.01 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.35 6 months 0.85 0.65 9 months 1.05 0.85 12 months
      153 words
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  • PROPERTY
    • Article, Illustration
      Lock icon High-end HK rents hit by bank layoffs
      537 28 MNCs also cutting back on expatriate packages: Jones Lang LaSalle Reuters [HONG KONG] The chill winds blasting through financial markets have hit rents for luxury properties in Hong Kong as banks lay off high earners and international companies cut back on expatriate packages,
      Reuters; BLOOMBERG  -  537 words
    • Article
      Lock icon US home sales held hostage by holders of junior liens
      480 28 Bloomberg [NEW YORK] Tom Axon’s mort-gage-collection firm gets about 25 calls a day from delinquent homeowners’ brokers seeking approval to sell their houses for a loss and avoid foreclosure. We’ll help, his staff tells them, as long as we get
      Bloomberg  -  480 words
    • Article
      Lock icon Developer’s Dim Sum bonds to pay record yield
      1057 29 Shanghai-listed Gemdale Corp‘s notes priced to yield 9.15% Bloomberg [HONG KONG] At a time when China’s Premier Wen Jiabao is vowing to clamp down on property speculation, the third-biggest Shanghai-listed real estate developer was able to sell Dim Sum bonds by paying
      Bloomberg  -  1,057 words
    • Article, Illustration
      Lock icon Buying opportunities seen in Europe debt crisis
      412 29 Reuters [LONDON] Anglo-French property developer Hammerson Plc spies buying opportunities in a European property market depressed by the debt crisis, as it looks to spend the proceeds of the £518 million (S$1 billion) sale of its London office properties. The company, whose portfolio
      Reuters; BLOOMBERG  -  412 words
    • Article, Illustration
      Lock icon Singapore ranks 18 in global retail rents
      606 30  -  As rents remain competitive, several fashion labels have expanded presence By MICHELLE TAN SINGAPORE retail rents are still competitive, ranking 18th out of the top 20 most expensive retail markets globally in the first quarter of 2012, data compiled by CBRE showed. Said
      FILE PHOTO  -  606 words
    • Article
      Lock icon Mitsui Fudosan putting more into UK projects
      595 30 Japanese developer also venturing into continental Europe Bloomberg [TOKYO] Mitsui Fudosan, Japan’s largest property developer by sales, plans to boost its investment in UK developer Stanhope plc as part of its US$6.4 billion global expansion plan. Mitsui Fudosan, which owns 15 per cent
      Bloomberg  -  595 words
    • Article
      Lock icon Shimao Property aiming to offload hotel assets
      349 30 Bloomberg [SHANGHAI] Shimao Property Holdings Ltd, the developer controlled by billionaire Hui Wingmau, says it is seeking opportunities to “offload” hotel assets to speed up development. The company is in discussions to attract investors and the “reaction from the market is pretty good”,
      Bloomberg  -  349 words
  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      389 28 Jones Lang FOR SALE \yJJ LaSalle BY EXPRESSION Real value in a changing world OF INTE REST NOL Building, 456 Alexandra Road Refurbishment I Redevelopment Opportunity EOI Closing Date: 3 August 2012 3pm canterbu ryRd QyderabadRd Alexandra Techno Park A Alexandra DOB Tower# /< 5 Alexandra Point 9 Hewlett Packard
      389 words
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      224 28 Freehold Residential Sites For Sale by Tender Chomp Chomp Serangoon Garden Ao KOVAN Heartland Mall Subject 5j Sites e <W o *<*°o N Serangoon Bus Interchange nex^JSerangoon MRT Interchange Raya Lebar Meth Girls’ Pri/Sec Sch Co 1 (A) 790 Upper Serangoon Rd and (B) 1 Surin Ave (adjoining sites) 1
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      126 28 j l Ts E alle NG 8 10 Chang Charn Road Real value in a changing world (2 adjoining plots) Total Land Area: Approx. 21,281 sq ft Tenure: 99 years wef 1 January 1958 Master Plan Zoning; Business 1, Plot Ratio 2,5 Redevelopment potential Prominent and centralised location TriciaTan Mok
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      142 29 We have professional referenced tenants waiting to rent your property today! The directors of Benham and Reeves Lettings, central London's largest rental agency, are visiting Singapore for 3 days on July 27,28 29. Come and speak to us for FREE expert advice on your London apartment. At Benham and Reeves,
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      175 30 d&f AZ RAYA LEBAR LEBAR <P HO- '^Ui-i-i r T A p «8 I I g la r *£5 I P i I* IP iH ;<• i 3 an INDUSTRIAL SPACE THAT INSPIRES Rare Freehold ‘BV Industrial Space Prime Location Next To MacPherson MRT (Future Interchange) Strata-titled development Lush landscaping
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  • Special SME ONE ASIA AWARDS 2012
    • Article, Illustration
      Lock icon Boosting the competitiveness of SMEs
      1001 1  -  66 companies are honoured at this year’s SME One Asia Awards By Hazel Tan THE SME One Asia Awards, set up to recognise the business success and leadership achievements of Small and Medium Enterprises (SME) in Singapore and Asia, is into its second year. This
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      Lock icon Planning and innovation are key factors
      757 5  -  Judges at SME One Asia Awards 2012 talk about the areas that nominees should focus on to be successful By Mike Lee THE SME One Asia Awards 2012 are judged in three stages, the second and third of which are helmed by a panel
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      Lock icon Selecting the winners
      318 7 A three-stage judging process ensures that the winners of the SME One Asia Awards meet the stringent criteria to qualify for an award THE winners of the SME One Asia Awards 2012 have successfully gone through a rigorous, three-stage judging process (see table on the right). Each
      318 words
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      Lock icon Survival of the fittest
      867 8  -  Four Distinguished SME award winners tell Janice Goh their corporate strategies on staying resilient in a challenging business environment Janice Goh THEY may hail from different industries, but the four companies that are among the Top 5 in the Distinguished Awards category at the SME One
      867 words
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      Lock icon Swinging away with Zouk
      673 9  -  The local clubbing scene is synonymous with a venue that has served generations of party-goers in the past 21 years By Douglas Chew IN THE face of competition from new entrants to the scene, Zouk, the grande dame of the local clubbing scene, has nothing to
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      Lock icon Prominent businesses
      1119 10  -  Crown Systems, Fanco Fan Marketing, Taka Jewellery and Xdel Singapore share the secrets of their success. Teo Kuan Yee reports reports Teo Kuan Yee THEIR businesses differ but their winning recipes are the same: be customer-centric and stay innovative. These two factors have seen Crown Systems, Fanco Fan
      1,119 words
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      Lock icon Speaking your language
      625 11  -  Verztec Consulting, which provides skilled translation services, recognises the importance of expanding overseas By Douglas Chew DESPITE having offices in seven countries, with 10,000 vendor partners on board, Mr Nicholas Goh (right, standing) will tell you that doing business is not easy. The chief executive officer of
      Photo: Chong Jun Liang  -  625 words
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      Lock icon Good innovations get high marks
      1043 12  -  Pioneering practices propel Dragon Phoenix, Witco Envirotech, McCoy Holdings and Pacific-Tec Scientific to the top of the Notable Awards category By Joyce Lin FOOD, water treatment, consumer products and radiation detection are diverse industries but for four companies, innovations in their fields have landed them
      Photos: APF Group, McCoy Holdings, Pacific-Tec Scientific  -  1,043 words
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      Lock icon Moving up the value chain
      545 13  -  Rotating Offshore Solutions is shifting to a new larger yard to provide more complex solutions for the oil and gas industry By Douglas Chew SOARING natural gas production in Malaysia, Indonesia and the Middle East has gotten Mr Victor Lim, managing director of rotating offshore
      Photo: Chong Jun Liang  -  545 words
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      Lock icon Crossing the $1 million mark
      960 14  -  Find out how these four SMEs, which won in the Emerging Category of the SME One Asia Awards 2012, performed beyond expectations within their first year of operation By Wong Sher Maine A BUSINESS making a million within its first year of operation is an
      Photo: Azea; Photo: Soleil; Photo: GPS Alliance; Photo: AAMOR  -  960 words
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      Lock icon Paving the road to success
      589 15  -  Powerpac aims to distribute its machinery in 100 countries By Douglas Chew HAVING made inroads into 50 countries in four years, Powerpac International intends to double its global dealer and distribution network, bringing its roadmaking equipment to 50 more nations. Established in 2008, Powerpac has
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      Lock icon Making their presence felt
      884 16 Hazel Tan speaks to the winners of this year’s Foreign Enterprise Awards to find out the challenges they face when setting up operations here and what makes them successful THE Foreign Enterprise Awards at the SME One Asia Awards recognise registered foreign enterprises and SMEs with
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      Lock icon Riding high on Mice
      605 17  -  Dorier Asia plans to expand its operations to serve the growing events industry By Douglas Chew THE influx of international corporate meetings, conferences and events to Asia has set technical production company, Dorier Asia on a growth trajectory. Born out of a merger between Dorier SA
      Photo: Chong Jun Liang  -  605 words
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      Lock icon Inspiring people and the community
      1023 18 / 19  -  The inaugural Special Awards category recognises companies’ significant contributions to human progress and community development By Cheryl Tay THIS year’s SME One Asia Awards has a new category that highlights specific contributions by companies that are vital to human progress and community development. The Special
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      Lock icon Creating awareness overseas
      1225 20  -  Four companies are honoured in the inaugural Overseas Enterprise Awards category By Douglas Chew FOR the first time, the SME One Asia Awards 2012, organised by APF Group, will include a category for overseas enterprises, creating a platform for companies to build cross-border relationships to exchange ideas
      Photo: APF Group; Photo: Mengly J Quatch Education; Photo: Westline Education Group  -  1,225 words
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      Lock icon Committed to responsible leadership
      881 22  -  De Cheng Xin Xing Trading and Tori-Tama Holdings go beyond the bottom line By Joyce Lin IN TODAY’S business climate, companies need to take a holistic approach that goes beyond focusing on their bottom-line and main stakeholders to include looking at the welfare of employees, customers,
      Photos: De Cheng Xin Xing Trading; Photos: APF Group; Photos: Tori-Tama Holdings  -  881 words
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      Lock icon Achieving excellence in entrepreneurship
      1150 24  -  Four winners of the SME One Asia Awards talk about the hurdles and victories in their entrepreneurial journeys By Teo Kuan Yee THEY are in different industries service, education, engineering and construction but they all have achieved business excellence that resulted in their winnings at the
      Photos: APF Group, JF Lennon, Sang Choy International  -  1,150 words
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      Lock icon What it takes to go global
      990 26  -  Four local businesses recount the benefits of overseas business expansion and the challenges they face when going abroad By Cheryl Tay INCREASING brand proposition, extending customer base and decreasing dependence on the domestic market are just some reasons business owners expand overseas. The winners
      Photos: Accomplice, APF Group, Harvest Link, Superworld Electronics  -  990 words
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      Lock icon Surmounting business challenges
      972 28 / 29  -  Two manufacturers which won the SME One Asia Awards talk about the obstacles they must overcome By Wong Sher Maine FINDING the right people to make the perfect dim sum is a problem for Kiom Kee Foodstuffs Manufacturer. “We always face problems when interviewing new workers,” says
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      Lock icon Wanted: talent
      1007 30 / 31  -  SMEs in the service industry tackle the twin challenges of rising costs and manpower shortages By Hazel Tan LACK of manpower is a common key challenge small and medium-sized enterprises (SMEs) in the service industry have had to grapple with in recent years. Mr Michael Ong Teck Tiong,
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      Lock icon Driven by passion to excel
      912 32  -  Bullworks and Kim’s Kitchen use hearts and minds to achieve success By Mike Lee SINCE its opening in 2006, the Mint Museum of Toys at Seah Street has been delighting visitors with its collection of more than 50,000 pieces of vintage toys and childhood memorabilia.
      FILE PHOTO; PHOTOS: APF GROUP, KIM’S KITCHEN  -  912 words
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      Lock icon All the winners
      246 34  -  chong jun liang captures the winning moments at the SME One Asia Awards 2012 gala event on July 19, held at the Marina Bay Sands CHONG JUN LIANG The winners of the SME One Asia Awards 2012 with their trophies, which are testament to their successful entrepreneurial
      246 words
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      Lock icon Fulfilling a pledge
      620 35  -  Amani Services and Venture Platform achieve over $1 million in annual revenue to be named the inaugural SME One Asia Awards Honoree By Ahmad Osman AMANI Services and Venture Platform are among the winners in the Emerging Small and Medium Enterprises (SME) category of this year’s SME
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      210 1 WINNERS ACROSS SEVEN CATEGORIES 18 Distinguished Award Winners 15 Prominent Award Winners 10 Notable Award Winners 10 Emerging Award Winners 4 Foreign Enterprise Award Winners 2 Special Awards Winners New 5 Overseas Enterprise Award Winners New 2 SME One Asia Award Honorees 2012 TOTAL: 66 WINNING COMPANIES (64 WINNERS 2
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      151 2 0% ROS SME ONE ASIA AWARDS 2012 SME ONE ASIA AWARDS 2012 WINNER Tfian£ you to our CRents, Staff Trmcipahl p__p p _fHlP -111 L t not st. ■t >> rf A i? s l-i i- PROVEN FPSO Topside Modules Gas Compressor Packages Gas Generator Packages Refrigeration Packages Fire Water
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      99 3 Custom Made Guidewires Want better Quality and a better Price? MONACO Worldwide Quality Certified EN ISO ***** ISO 9001 FDA Registered Certified Clean Rooms r wires.com Phone: +65 6743 3374 Fax: +65 6743 3224 L x-i V Glenn Lim Brans Ong Loh lock Meng >■ Congratulations to SME One Asia
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      108 3 NICE TRY, GUYS. BUT WELL TAKE IT FROM HERE Too often creative is without purpose, without intent. Huge expensive campaigns lacking strategy are so common they have become acceptable. With many believing 'that's just how things are done'. Not anymore. At (accomplice, we’re more than that. Creative is fast, it's
      108 words
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      109 4 E Congratulations to APF Group Pte Ltd i 1 for a Successful ia > c ONE ASIA AWARDS 2012 Held on 19th July 2012 Vs W to A I i BINTAI KINDENKO PTE LTD SHENGSIONG fffi p HOCK LIAN HU AT ADONIS Be Young, Stay Young City Life Advertising Pte
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      103 5 Congratulations V f/ 4 I QN E AW i 4 *4 V fc. Supporting Partners; ®ml (SSS XM-I Singapore Pte Ltd since 1980 IFB, JONVIN IFB International Freightbridge Pte Ltd Jonvin Insurance Agency Pte Ltd SINCE 19*S 0 M it AS. It id KWEK SUM CHUAN PTE LTD YES Supermarket
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      53 5 SME ONE ASIA AWARDS 2012 AEROMOBILES PTE LTD being conferred the PROMINENT AWARD IN THE SME ONE ASIA AWARDS 2012 SINGAPORE AEROMOBILES A subsidiary of Pteris Global Limited pteris Global harmony inmotion PS TSk V1V»" SE F h I. V 7 n ~*Vrfl nH ax MB L -A iFf i
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      125 6 (TSME X ONE ASIA X AWARDS 2012 De Cheng Xin Xing Trading Pte Ltd 1C fa FIL'i/Satu/atl&nAj De Cheng Xin Xing Pte Ltd on being awarded one of the esteemed Distinguished Award winners of the SME ONE ASIA AWARDS 2012 Managing Director Goh Watt Heng i I a e*ey A
      125 words
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      125 7 AMANI SERVICES PTE LTD Your One Stop Wedding fit Catering Needs I rr Office: Blk 20 Woodlands Link #02-37 #06-20 Catering Kitchen: No 60 jalan Malu Malu Facebook: amaniwedding Website: www.amaniweddings.com Hotline: 6756 0308,*****164 AMANI SERVICES personal coaching SME ONE ASIA AWARDS 2012 Congratulations to Tan Yang Po Chief Executive
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      50 8 4 J Ml ji I ri m TM S I N G A TOP WINNER OF THE SME ONE ASIA AWARDS, SINGAPORE DISTINGUISHED AWARD m (2012) ONE WORLD, ONE MUSIC, ONE TRIBE, ONE DANCE. 17 JIAK KIM STREET SINGAPORE *****0 +65 6738 2988 WWW.ZOUKCLUB.COM WWW.ZOUKCLUB.COM/BLOG FACEBOOK: ZOUK SINGAPORE TWITTER: ZOUKSINGAPORE
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      88 9 w BN Logistics (S) Pte Ltd Logistics Transportation Warehousing Congratulations to Mr Kenny Khor, recipient of the SME OAe Asia Awards Notable Category i SME M ONE ASIA AWARDS 2012 5. n Office: 21 Toh Guan Road East, #08-04 Toh Guan Centre, S*****9 Warehouse: 30 Old Toh Tuck Road #03-01
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      133 9 SME '~Y*~ ONE ASIA AWARDS 2012 Congratulations to Mr Victor Lian, Director of Bian Soon Trading on being awarded the Top 5 Distinguished Award of the Year 2012 at the SME One Asia Awards. BST (Bian Soon Trading) is a marine supply and logistic company servicing the marine and offshore
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      153 10 CONGRATULATIONS PACIFIC-TEC SCIENTIFIC PTE LTD WINNER OF THE 2012 NOTABLE CATEGORY AWARD SME ONE ASIA AWARDS 2012 your AWARD WINNING scientific and radiation PARTNER A.* HI=IF=IIE MANAGING DIRECTOR A.A OUR PRODUCTS OUR SERVICES Radiation Awareness Safety Training Consultancy Laboratory Setup Niton XRF Training Testing API Certification Training Repair Calibration Radiation
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      89 10 MAKING I YOU FEEL RIGHT AT Home If 1 VT^«i ftVm Zb m D pine^creations where passion meets creativity Pine Creations is an award-winning full-service interior design firm that combines the attributes of a boutique firm with capabilities experience of a large corporation, Committed to personalised elite services, we have
      89 words
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      130 11 s it Crown systems AutodeskGoid Partner Autodesk Authorized Training Center Authorized Certification Center ONLY WORK WITH THE BEST, WHEN IT COMES TO BIM ADOPTION Autodesk Top Performing Partner In Total Billings Growth Autodesk Top Performing Partner in AEC Autodesk Top Value Added Reseller in SE-Asia (Worldwide Channel Sales Platinum Club
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      90 11 mint museum of toys “Never be afraid to dream. When a dream becomes a real! it is a vision.” Chang Yang Fa Our dream is to make the MINT Museum and its associated companies, a world renown brand, something that Singapore can be proud of. ongrafulafions Chang Yang Fa Managing
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      77 12 J m 3&§ SME ONE ASIA AWARDS 2012 ’raxuuvtfai IH LEE BUS TRANSPORT PTE LTD on being awarded the SME One Asia Awards 2012 Singapore (Prominent Category) kirn. o mpwrrreetransport.com.sg Main Office :3 Joo Koon Road, Singapore *****7 Brandi Office 70 Kian Teck Roi !or 6^***** Tel: (65) 6862 9691
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      454 12 Congratulations! POWERPAC INTERNATIONAL PTE. LTD for winning the SME One Asia Awards 2012 Overall Winner, Emerging Awards Category i-r Heartiest Congratulations From: His Excellency Meles Zenawi Prime Minister Ethiopia His Excellency Senator Mohammed Sanusi Daggash Minister of Federal Works, Nigeria His Excellency Job Ndebele His Excellency Hugo Vasquez Dep. Minister
      454 words
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      453 13 VSME ONE ASIA AWARDS 2012 Mr Vicknesh R Pillay Managing Director, Dolphin Capital Asia r jm iP Conqmmatiom to Mr Vicknesh R Pillay, Managing Director of Dolphin Capital Asia for being conferred the Top 5 Foreign Enterprise of the SME One Asia Awards 2012 Singapore. Dolphin Capital Asia is the
      453 words
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      196 14 Bringing Printing to Life Established in 1992 as a colour reproduction house, we have since also excelled to become a one-stop print solutions provider with full in-house printing facilities. Motivated to transform colours to life from screen to paper, SC International is now one of the leading companies in Asia
      196 words
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      65 14 Ctit, dra£uyuvtuhts y to Mr. Amos Kng for being awarded the SME One Asia Awards 2012 (Notable Category) i A v V j SME ONE ASIA ft AWARDS 2012 fe 'A n T) i 0 fS i. t A V MA i-/-Sccurity Risk Solutions Pte Ltd Blk 1 YS-ONE Yishun
      65 words
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      143 15 SME ONE ASIA AWARDS 2012 r s y m Congratulations to Mr Chris Hooi, Executive Director of Dragon Phoenix Restaurant on being awarded the Top 5 Notable Award in the SME One Asia Awards 2012 From The Management Team -t With heartiest congratulations NOVOTEL CLARKE QUAY SINGAPORE Hisn Lian Fa
      143 words
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      73 15 m w YOUR AWARD WINNING TECHNICAL PRODUCTION PARTNER FOR EVENTS BEYOND YOUR IMAGINATION r* n i V.st--I* r i Dorier Asia is a world-class technical service provider for the events industry. Merging state-of-the-art equipment with our passionate and dedicated team, we design and produce tailor made corporate, association and private
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      145 16 SEJC m OLE mA m s N •MM* r:j miu Ul *-N X W«! I? UfiiV^IK AWARDS 2012 l ts ,>■■■ wmm-Sf M. m rfff, r r r •»::;ij» Rk'i* r rrr WM;: t •IlD: r l r r i* if i r o o HUB 4L Building Technology Pte
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      212 16 StorBest Congratulations to Storbest-SSHK Cold Logistics Pte Ltd for being the winner of SME One Asia Awards 2012 in the Prominent category Storage at its Best Y t- Lil The Storbest Group is a leading third party logistics provider specialising in end-to-end ‘Cold Chain' supply chain management solutions 5 i
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      142 17 Jr CSME ONE ASIA AWARDS 2012 Congratulations to Shete Dattatray Ramakrishna Director of Fairmacs Multiline for being awarded one of the Foreign Enterprise winners of the SME One Asia Awards 2012 SINGAPORE U-VVA V 1 wr IV v f V ¥a 1 PftsL rVJt .V .i v n Member of
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      72 17 kJ tt ft /H u Congratulations Mr. Roy Li m Managing Director of Dura-Metal (S) Pte Ltd on being awarded PROMINENT AWARD 2012 m V m A LEADING MANUFACTURER AND SUPPLIER O AND WEAR RESISTING ALLOYS, FORGINGS N N P fi »»/f« E-FABRICATED PA CAST COMPONENTS AND I DURA-METAL (S)
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      119 18 / 19 Superworld Electronics Ouft @(mynatcd<ztfa*ui fa Johnson Chen Managing Director Superworld Electronics (S) Pte Ltd For being the winner of SME' x ONE ASIA X AWARDS 2012 SME One Asia Awards Distinguished Category SUPERWORLD, your reliable supplier of electro-magnetic components. r M R %vSUPERWORLD ELECTRONICS (S) PTE LTD 16 New Industrial
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      107 18 / 19 'WM3©Y The Choice of Audio Visual Lighting Professionals oiwwfff/atwip'y To, Mr Henry Saravanan, Managing Director of Synergy AYL Pte Ltd on being presented with the Distinguished Award in the SME One Asia Awards 2012. SME ONE ASIA AWARDS 2012 PROJECT DEVELOPMENT AND CONSULTANCY LIGHTING SYSTEM DESIGN AND CONSULTANCY ACOUSTICAL DESIGN
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      218 18 / 19 T e r m Feng Ming Construction Pt© Ltd <?@6/&9oci® aoeoa®©® ®®o®@ cr\ berrg awarded SME One Asia Awards 2012, Distinguished Category SME One aEftlfeftgiB 2012. £«£jik£m± V V S 1 J SME ONE ASIA AWARDS 2012 f*X) tang CemftuOtcn wet Ut&tonltd ir 1969 in N Rtpubkc ct Snjopcr* Wih
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      97 18 / 19 a f FANCO Life's a breeze. X,, YOU KNOW IT WHEN IT'S FANCO 14 YEARS OF QUALITY, COMFORT AND AESTHETICS a HERE IN FANCO WE BELIEVE THAT With our solid foundation for design, quality, innovation and service, we aim to continue on our strong track of record of consistently delivering
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      98 20 TAKA' JEWELLERY SINGAPORE HONG KONG DUBAI Ttu&nJd u&u/ 6C/e coafafai t Atzve cfacne et without y&u. faecacc4e evetty cvo ma fi facte iucfae Boutique: Treasures ION Orchard Suntec City Mall Showroom: AMKHub B1 AMKHub LI Ang Mo Kio Central Bedok Central Boon Lay MRT Century Square Choa Chu Kang MRT
      98 words
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      121 20 Excellence in wine DINE tori-Tama Holdings pte ltd PRESENTS THE FINEST IN CONCEPTS DINING FROM AUTHENTIC JAPANESE CUISINE TO SPANISH TAPAS, FUSING CONTEMPORARY CULINARY ARTS WITH THE TRADITIONAL. YOU’LL FIND A REFRESHING TASTE AND AN UNFORGETTABLE DINING EXPERIENCE WITH US. W/ a r. r t I k I f r
      121 words
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      81 21 farseasons duriAns ratulations to Managing Director Four Seasons Dufiai one of the winners in One Asia Awards 4 ■Pfiflfflnm a warm in E 9 Dr m Takashimaya Ang Mo Kio Hub Serangoon Nex Clementi Mall Four Seasons Durians DID; 6484 1619 Fax: 6481 9611 SAAdmiralty Street #06-14, Food Xchange@ Admiralty,
      81 words
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      49 21 lf-.il m •T* mM vf-v-rp my m FLOWER DIAMOND BOUTIQUE 391 Orchard Road #03-02 Takashimaya S.C.,Ngee Ann City, Singapore *****4 Tel: (65) 6734 1221 Fax: (65) 6734 2112 2 Bayfront Avenue, #B2-204, The Shoppes at Marina Bay Sands, Singapore *****2 Tel: (65) 6688 7300 Fax: (65) 6688 7301 www.flowerdiamond.com
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      92 22 Congratulations Venture Platform Pte Ltd Attaining SME One Asia Awards 2012 Honoree jp m r 1 r 4 > > V VENTURE PLATFORM PTE LTD rnM, A W ’M lo FjOIiUI* 0*«*« E.p*vw« *0> ErS«««» a I Enterprise One 1 Kaki Bukit Road 1 #02-21 Singapore *****-1 0ffiCC t«3 5835
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      216 22 tw 1gg0 f A HEARTFELT THANKYOU TO OUR VALUED CLIENTS, STAFF, AND PARTNERS Verztec Consulting Pte Ltd is conferred the Top winner of the esteemed SME One Asia Awards 2012, in the Prominent Category, Established in 2000, Verztec is an ISO 9001:2008 Global Content Consulting Services Company that assists companies
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      105 23 Advertising Signage Outdoor Advertising Acrylic Display Large Format Printing Events Exhibition d> T3 3 O c V) o o 0) V) o O k( ■US' vl Laser Cutting Services Interior Design Renovation rTBBBi 1 o 4 inode—stars'" For Enquiries. Please Call *****454 info@greenart.net m igj. I t.N Greenflrf DESIGN PRODUCTS
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      225 23 Mi 1 i M I I i I i I HI A Licence No. L*****61F SME ONE ASIA AWARD 2012 GPS Alliance Holdings Private Limited is a subsidiary company of Koon Holdings Limited, which is listed on the Singapore Exchange Limited and Australian Stock Exchange. We set to prime ourself
      225 words
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      275 24 SME' ONE ASIA AWARDS 2012 Congratulations Mr Tan Wee Beng Director of Wee Tiong (S) Pte Ltd for being awarded one of the Distinguished winners of the SME One Asia Awards 2012 SINGAPORE z~-s i;. r s: IUI si BBSS SH F-Ss xsss in 3 a 1 1 c w
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      132 24 Witco WITCO ENVIROTECH PTE LTD CONGRATULATIONS To the management and staffs of Witco Envirotech Pte Ltd on their achievement Jl ((TSME ONE ASIA AWARDS 2012 > Z* < verything Our heartfelt thanks to all those who helped made this possible." JePFrey Seow (Managing Director) Our partners: i-Qex i-MEX Instruments Supply
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      92 25 Hock Lai Seng Transport Service Trading (Pte) Ltd 50 Bukit Batok Street 23 #06-25 Midview Building Singapore *****8 SBHRK'* T- •TH 5 Installation Mover Lorry Crane Heavy Equipment 31 m v KN" r S3’ Si E. y £fi \t^r L Helicopter Transportation Transportation in Malaysia ContainerTrucking Container Stuffing STA, Singapore
      92 words
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      234 25 CONGRATULATIONS! Harvest Link International Pte Ltd winner of DISTINGUISHED Award of the SME One Asia Awards 2012 SINGAPORE X SME ONE ASIA AWARDS 2012 Practical Reliable Ideal Multi-Function Affordable nME A Ms. Christina Koh Managing Director Harvest Link International is a Singapore based company with more than 20 years of
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      23 26 What is the best way to deliver? With more than a decade of experience delivering over 2,000,000 shipments, we know the answer. www.xdel.com
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      67 26 ONE ASIA#AWARDS 2012 SINGAPORE The APF Group would like to acknowledge our Distinguished Guests from the following countries: Australia Cambodia China France India Madagascar Malaysia Mexico Myanmar Peru Philippines Seychelles Thailand Turkey United Kingdom Vietnam Thank you for making the SME One Asia Awards 2012 a truly GLOBAL event 19th
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      198 27 TM SME ONE ASIA AWARDS 2012 Congratulations Mr Andy Chin CEO of INTERIOR PRODUCER PTE LTD For achieving a new milestone in winning the SME One Asia Awards 2012! No 19 Defu Lane 12 Singapore *****6 Telephone: (+65) 6749 5589 Facsimile: (+65) 6749 0345 Website www.interiorpro.com.sg Email info@interiorpro.com.sg i Y
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      230 27 In Recognition of 80 Years of Excellence and Quality «•>!> •> A ,S Hock Lian Huat Foodstuff Industry Pte Ltd is honoured to be awarded the SME One Asia Award 2012. We are Singapore’s oldest and leading manufacturer and supplier of ‘Ngoh Hiong Hae Biah’, supplying our menu of more
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      82 28 / 29 9 I Ilfii "i 8l*II If]in Plh X Ir. ■r'i !>>' L n ME TM ONE ASIA AWARDS 2012 to Mr. Thomas Ang Managing Director of Zheng Keng Engineering Construction Pte Ltd. L ZHENG KENG ENGINEERING CONSTRUCTION PTE LTD 20 Senoko Crescent Singapore *****4 Tel: 6756 8610 Fax: 6753 4718
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      171 28 / 29 P. L GLOBAL IMPEX PTE LTD Agro-Commodity Trading House Distribution Houses Pharmaceuticals Products Health Care Goods Cosmetics Tbileuies Shaving Products Consumer food essentials Edible Oils Steel Products nfrastructural-Based Projects Oil and Gas exploration Railway equipments Coaches and Wagons Hydro Power Paper Cement Plants Rubber Plantation Roads and Bridges CNG Filing
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      227 28 / 29 >7i to Mr Clement Tiang Managing Director of Kim’s Kitchen Pte Ltd for being awarded the SME One Asia Awards 2012 (Notable Category) [I v SME i b /a ONE ASIA AWARDS 2012 Sponsored By: The Seafood Company Pte Ltd Thong Siek Food Industry Pte Ltd Far Ocean Sea Products
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      297 28 / 29 ISO 9001 BUREAU VERITAS Certification JF LENNON Institute of Financial Science (%04tpuitciicitC0M& to Jimmy Wong, CEO Co-Founder of JF Lennon The only FOREX institute for being awarded one of the emerging winners of SME One Asia Awards SME ONE ASIA AWARDS 2012 I I Jimmy Wong CEO Co-Founder of JF
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      168 30 / 31 •*> fren i ylCTiONARV Buchev .'I 1 U l£G WESTUNE EDUCATION GROUP Co.. Ltd. WESTLINE EDUCATION GROUP Co., Ltd. Westline Education Group (WEG) is one of Cambodia’s leading educational companies and was established in 2011 to unite the diverse talents of its 3 specialist services. The group's operations span 7
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      74 30 / 31 PT 7 r* V 9 K i M ft 38® -v s >- i-t "jEEi I*-’ ADVANCED GLORY LOGISTICS INTERNATIONAL TRANSPORT, FREIGHT, LOGISTICS, MOVERS, PROJECT CARGO, COURIER AND EXPRESS Worldwide Express Worldwide Network All About Transport Ocean Freight Shipping Agency Air Freight W GSA f CSA 5 Inland Transporation LCL
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      115 30 / 31 VO//) Mr. Tan Chun Ong Managing Director of Li Chuan Food Products Pte Ltd for winning the SME One Asia Awards 2012 Overseas Enterprise Awards n g 11 ommh OUR MISSION To remain strong, secure and competitive whatever the economic climate, and in so doing provide a high quality processed-food
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      36 30 / 31 JAwarcC IVinning .A r I i d m 1 V. KIOM KEE FOODSTUFFS MANUFACTURER pa The Dim Sum Specialist Quality Dim Sum for Premium Grade Restaurants -Authentic Singapore Quality SME ONE ASIA AWARDS 2012 V JJ
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      76 32 Congratulations MR BRANS ONG CHAIRMAN OF APF GROUP For Making SME One Asia Awards A Greater Success in 2012! ONE ASIA AWARDS 2012 N -A 1 A A 1 n C(utgsuitidatiatw &wm: APP aptYtude .EfD. 1 rani artnta nH\/ipar\/ rvta IW APTSTAR Consultancy Pte Ltd real estate advisory pte ltd
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      125 32 V MJQ Mengly J. Quach Education AMERICAN. AMERICAN V# 'khoolCMI MIMIC ON INSTITUTE SCHOOL 7 QUACH Student Health Center •ill, 1.0 ipirn Chateau DJO I® i JIl Joi Which Aii K10 Program us in building your career success program do you prefer ■O’ t 1 A i 1 a Q
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      84 33 Delivering Commitments Congratulations to Offshore Construction Services Pte Ltd recipient of the SME One Asia Awards 2012, Distinguished Award Category I I n V "Ti nun J till _U ■5 S' ilkr; L 4 f# UMW 31 Benoi Lane Singpore *****7 tel: (65) 6545 9397 www.ocs6444.com.sg CEO Circle Conversations. Enterprise.
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      343 33 McCoy CONSUMERS McCoy Consumers believes in offering the best products and services to consumers. From healthcare, education, digital to wellness products Biounme, ETL Learning, Gavio and Pin Yu we serve the Business to Consumer market with our integrated multichannels and distribution platforms. Our channels includes airlines, corporations, pharmacies, IT chain
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      167 35 Boss Group Congratulates the following winners of SME One Asia Awards 2012 Mr William Tan Director of Hock Lian Huat Foodstuff Industry Pte Ltd Winner in the Prominent Category SME One Asia Awards 2012 w HOCK asv 5Su U. w v > Mr Winston Wang Managing Director of Kiom Kee
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      28 35 raa Apius CDN5ULTINB Sustainable success for all f The first HR company in Cambodia to win w w V ONt ASIA AWARDS 2012 www.aplusgroup.biz Tel; 855-23 *****3 plus
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      453 36 Distinguished Award of the Year 2012 ZOUK CLUB Lincoln Cheng BIAN SOON ADING COMPANY Victor Lion DND PTE LTD eTihda Chua I YEW LEE META| WORKS PTE LTD Foh KengYin awards entrepreneurship summit 14.^ i\ P V'-Vj DE CHENG XIN XING1 TRADING PTE LTD Goh Watt Heng f.'y I HOCK
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