The Business Times, 5 October 2012
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2012-10-05
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The Business Times
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Title Section25 2012-10-05 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Friday, October 5, 201225 words
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462 2012-10-05 1 S JAYASANKARAN - RM3-a-share offer by pay TV broadcaster raises RM4.6b By S JAYASANKARAN in Kuala Lumpur ASTRO Malaysia Holdings yesterday priced its initial public offering at RM3 a share, raising about RM4.6 billion (S$1.85 billion) and making the share offer the third largest in462 words
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Article, Illustration959 2012-10-05 1 LEON HADAR - He attacked from the start, forcing Obama on the defensive and scoring crucial points By LEON HADAR in Washington IN the midst of an intense, if not nasty presidential election campaign, Democratic President Barack Obama and his Republican challenger Mitt Romney appeared onPHOTO: AFP - 959 words
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MARKETS DIGEST
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Article65 2012-10-05 1 GST INDEX 3,086.64 (+9.50) GST INDEX FUTURES 3,087.00 (+10.00) GSIMSCI 352.78 (+1.74) GSIMSCI FUTURES 353.00 (+1.90) US$ S$ US$ (S$ per US$) 1.229 (US$/S$ per 1.611 1.981 EURO (US$/S$/€) 1.295 1.591 Foreign currency per US$ S$ YEN 78.60 63.90 RM 3.054 2.484 HK$ 7.755 6.308 BAHT 30.57 24.87 RUPIAH65 words
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Article48 2012-10-05 1 Thursday Change KL COMP 1,661.47 +11.72 NIKKEI 225 8,824.59 +77.72 HANG SENG 20,907.95 +19.67 SET INDEX 1,306.63 -0.92 JAKARTA COMP 4,271.46 +19.95 MANILA COMP 5,443.74 +68.22 SEOUL COMP 1,992.68 -3.35 SHENZHEN B Closed MUMBAI IND 19,058.15 +188.46 12 noon EDT Change DOW 13,560.50 +65.89 NASDAQ 3,137.17 +1.9448 words
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Article16 2012-10-05 1 SINGAPORE MALAYSIA 5.38 6.55 HONGKONG 5.00 INDONESIA 14.493 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg16 words
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Page 1 Advertisements
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Advertisement124 2012-10-05 1 THE ROAD LESS TRAVELLED Poised to conquer the world PAGE 11 PROPERTY Book a home and get a book PAGE 33 EXEC CONDOS Market facing potential headwinds PAGE 2 EXEC LIFESTYLE Crafting a beerly sustainable business PAGE 39 Is the global economy heading into another recession? Standard Chartered’s chief economist124 words
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Advertisement10 2012-10-05 1 PHOTO BY JOSEPH NAIR CHILDREN FOR CHILDREN I PAGE 1210 words
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TOP STORIES
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1241 2012-10-05 2 MINDY TAN - Glut looms as supply averages 4,500 units a year, against past take-up of 3,300 By MINDY TAN [SINGAPORE] The executive condominium (EC) market is facing a potential supply glut as the government rolls out a record number of EC sites. A total of 251,241 words
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511 2012-10-05 2 Temasek pushing for more independent directors: WSJ Reuters [SINGAPORE] Standard Chartered’s move to name four independent directors last week was welcome news for its biggest shareholder, but Singapore sovereign investor Temasek is holding tight to its view that the board is stillReuters - 511 words
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Article600 2012-10-05 2 Astro IPO values company at RM15.6b ASTRO Malaysia Holdings yesterday priced its initial public offering at RM3 a share, raising RM4.6 billion for the vendors and making the share offer the third largest in the country this year. Astro’s IPO will boost the total sum raised this year600 words
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Article, Illustration694 2012-10-05 4 GENEVIEVE CUA - Global survey shows that many have not kept up with a new generation of clients By GENEVIEVE CUA [SINGAPORE] A comprehensive and fully functional website is by now a basic feature among retail banks, but private banks fall woefully short, a694 words
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Article, Illustration404 2012-10-05 4 VEN SREENIVASAN - Income boosted by record traffic and dive in property tax By VEN SREENIVASAN RECORD traffic numbers resulting in higher aviation levy, coupled with a sharp fall in property tax, were largely responsible for a 15 per cent rise in Civil Aviation Authority of Singapore’sFILE PHOTO - 404 words
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626 2012-10-05 4 Union influence could grow in run-up to 2014 polls after Yudhoyono steps down Reuters [JAKARTA] Indonesia said yesterday it would improve worker pay and restrict the use of temporary contracts in the face of a vow by union leaders, whoReuters - 626 words
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449 2012-10-05 4 EMILYN YAP - Exiting economies can benefit from plunging currencies By EMILYN YAP [SINGAPORE] Having the eurozone split up may be better than enduring more of the same turmoil, said Capital Economics yesterday, defying conventional pessimism surrounding the break-up scenario. Exiting economies with depreciating currencies449 words
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Page 2 Advertisements
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Advertisement84 2012-10-05 2 office NION (executive desk) With smooth curves and good quality finishes, and easily changeable in configuration without additional parts. 1,120 (usual price: $1,400) w Walnut Finish, Central Lock, Anodized Aluminium Handle BRIDGE (executive desk) The ultimate, prestigious solution to optimize your workstation and make sure it is always well organized84 words
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Advertisement180 2012-10-05 3 UNSURPASSED. THE BMW M6. A coupe built with award-winning motorsport-inspired technologies has little competition. Just the sound of its BMW M TwinPower Turbo 8-cylinder engine alone is enough to set your adrenaline pumping right before it catapults from 0 to 100 km/h in a mere 4.2 seconds. To handle a180 words
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Advertisement180 2012-10-05 4 Indulge, it’s on us We’re 36 and want to celebrate with you! Present this copy of The Business Times at Hilton Singapore’s Checkers Deli for a complimentary slice of this celebrated cheesecake. The first 360 readers to do so today and each work day this week will be treated to180 words
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Advertisement542 2012-10-05 5 Impress your business partners with exquisite set menus at top restaurants HSBC Cards presents the perfect gastronomic setting for a business meeting at the finest restaurants. With a wide selection of delectable Lunch and Dinner sets from just S$32++ and S$60++ per person respectively, you will relish that next business542 words
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COMPANY NEWS
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Article, Illustration589 2012-10-05 6 SIOW LI SEN - Global transaction services revenues jump 62% in H1, profit soars 93%; unit accounts for 21.6% of group profit By SIOW LI SEN DBS’S global transaction services (GTS) business continues to grow by leaps and bounds, and has become a big driver of the589 words
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510 2012-10-05 6 Commodities react negatively to falling China economic data Bloomberg [LONDON] Emerging-mar-ket stocks declined for the first time in five days as falling crude oil prices dragged producers lower and China’s service industries expanded at the weakest pace in more than a year.Bloomberg - 510 words
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451 2012-10-05 6 TEH SHI NING - It sees strongest lending growth in Thailand, Indonesia By TEH SHI NING UNITED Overseas Bank (UOB) aims to double loans to South-east Asian small businesses by 2015 and expects strongest loan growth to come from Thailand and Indonesia. To tap on an451 words
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Article, Illustration559 2012-10-05 7 EMILYN YAP - It says it wants to correct any potential misconception on the issue By EMILYN YAP KINDEST Place Groups did not benefit from its purchase of Asia Pacific Breweries (APB) shares to Thai Beverage’s disadvantage, the Thai beer maker said yesterday. It wasPHOTO: AFP - 559 words
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COMPANY BRIEFS
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87 2012-10-05 7 THE electronics arm of Singapore Technologies Engineering Ltd, Singapore Technologies Electronics (ST Electronics), won $166 million in contracts for its rail electronics and satellite communications (Satcom) and sensor solutions in the third quarter. A consortium it led was awarded a 198 million yuan (S$39 million)87 words
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95 2012-10-05 7 GLOBAL Logistics Properties (GLP) has signed a new lease agreement of about 39,000 square metres with Arata Corporation. Arata, a major Japanese wholesale company, intends to use the space in GLP Settsu in Greater Osaka as a consumer goods distribution centre, from which95 words
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67 2012-10-05 7 EASTERN Holdings Ltd has announced an investment of $10 million in the Fullerton SGD Income Fund (FSIF), using dormant funds in its corporate accounts. The FSIF’s investment objective is to generate long-term capital appreciation and/or income for investors in Singapore dollars by investing67 words
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67 2012-10-05 7 EUROPTRONIC Group has issued a profit warning for the third quarter ended Sept 30. The company attributes its loss for the period to the provision or write-off of the cost of investments in Project Industrial HK Ltd and Shenzhen Project Industrial Ltd, which will67 words
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350 2012-10-05 7 MINDY TAN - It had plans to develop 2m sq ft seafront site into villa resort, hotel By MINDY TAN SC Global Development’s recent bid to acquire an overseas resort hotel development has been unsuccessful. The company has been engaged in discussions on “possible investment and equity350 words
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Article, Illustration424 2012-10-05 9 CAI HAOXIANG - Exchange is first in Asia to use the invoicing system, which will be introduced here next month By CAI HAOXIANG THE Singapore Exchange (SGX) will introduce an electronic invoicing system next month that will help save costs for derivatives clearing firms. Known asPHOTO: REUTERS - 424 words
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746 2012-10-05 9 Reuters [NEW YORK] Ex-change-traded funds are waging a price war that may save investors money on fees, but cheaper fund choices pose a greater risk because they may rely on new, more-opaque indexes. Vanguard fired the latest volley in the cost-cuttingReuters - 746 words
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Page 6 Advertisements
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Advertisement685 2012-10-05 6 Facing Your Challenges To Get Ahead STJOBS No.1 Who should attend: Executive Management, Middle Management, Marketing PR Professionals, HR Practitioners and Customer Service Managers. FULL-DAY WORKSHOPS Register at www.stjobs.sg/seminars No.1 Recruitment site in Singapore by Marketing Magazine (2011) OCT ‘12 1 MON Speak Clearly Confidently SPH News Centre (9.30am to685 words
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Advertisement23 2012-10-05 7 FIND THE ONES THAT FIT1C Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruitdsph.com.sg to advertise. 1 n23 words
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Advertisement261 2012-10-05 7 BE THE FIRST TO OWN m 4 x 5T 1' t f 1 < i jm v. f. > r—'Vv *rUJ -liz7 7t k ii ..ii... m i IT Four Seasons Place, Shanghai Luxury Property Exhibition Four Seasons Place, Shanghai Date: 6 7 October 2012 Time: 10am 6pm Venue: Four261 words
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SINGAPORE MARKETS
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Article, Illustration583 2012-10-05 8 R SIVANITHY - Players want to gauge the effectiveness of QE in the US and OMT in Europe STOCKS R SIVANITHY Senior Correspondent JUDGING by how trading has developed over the past two to three weeks since central banks in the United States and Europe announced more money-printingSource: Bloomberg - 583 words
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Article66 2012-10-05 8 Oct 4 VALUE CLOSE BT OB/OS 60.00 +240.0 BT CADI -*****.00 +70.0 BT 10-day MA -*****.00 +6.00 FTSE ST Mid Cap 743.42 +5.60 FTSE ST Small Cap 497.72 +2.17 FTSE ST All Share 753.88 +2.95 FTSE ST China Top 202.65 +0.68 FTSE ST China 220.29 -1.13 FTSE66 words
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Article52 2012-10-05 8 VOLUME Contel 144,817,000 Yoma 82,586,000 Golden Agri 77,147,000 Thai Beverage 53,529,000 Nam Cheong 53,246,000 Interra 49,653,000 AusGroup 39,711,000 Oceanus 35,939,000 Rowsley 33,596,000 UPP 32,179,000 VALUE($) F&N 115,265,130 CapitaLand 77,905,490 SingTel 73,356,936 Golden Agri 48,946,105 Yoma 46,725,105 Noble Grp 38,654,048 JMH 33,311,510 Olam 29,926,310 STXOSV 27,990,150 DBS Grp52 words
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Article186 2012-10-05 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 5 5 0 0 0 7 5 5 Manufacturing 46 45 41 5 10 4 51 55 45 Commerce 27 17 20 1 6 3 28 23 23 Tpt/Stor/Comms 17 10 11186 words
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Article978 2012-10-05 8 CAI HAOXIANG - Compiled by CAI HAOXIANG Golden Agri-Resources Oct 4 close: S$0.63 OCBC Investment Research, Oct 4 GOLDEN Agri-Resources (GAR), as the second-largest palm oil plantation owner in the world, has been hit by falling crude palm oil (CPO) prices, which recently tumbled following weaker-than-expected demand from China and the978 words
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Article123 2012-10-05 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 11,563 11,563 36,193 36,193 Manufacturing 471,814 29,977 501,791 274,228 941 275,169 Commerce 190,263 2,806 193,069 145,382 279 145,661 Tpt/Stor/Comms 107,523 15,582 123,105 174,151 4,660 178,812 Finance 27,119 1,010 28,129 79,033 436 79,469 Construction 78,749 2,331123 words
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Article111 2012-10-05 8 Stock name Close Change CapMallsAsia 1.665 +0.010 CapitaLand 3.290 +0.110 CapitaMall 2.020 -0.020 CityDev 11.930 +0.230 ComfortDelGro 1.700 +0.005 DBS Grp 14.410 +0.120 F&N 8.880 -0.010 GLP 2.500 -0.010 Genting SP 1.360 +0.010 Golden Agri 0.630 -0.005 HK Land 6.030 -0.160 IHH Healthcare 1.285 +0.005 JMH111 words
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Article, Illustration467 2012-10-05 8 CURRENCIES Bloomberg [LONDON] The euro yesterday rose for a sixth day versus the yen, the longest run since March, after European Central Bank (ECB) president Mario Draghi said the currency was irreversible and nations affected by the debt crisis had made progress. TheBloomberg; PHOTO: BLOOMBERG - 467 words
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Article108 2012-10-05 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 256.9 1.9 IS S&P500 ***** 158.6 0.9 DBXT E50 10US$ 3804 129.1 2.8 Jardine C&C 4984 124.0 2.6 GLD 10US$ ***** 93.4 0.4 JSH 3617 86.1 2.0 Lyxor AsiaCS 10US$ 5521 79.9 1.2 Great Eastern 1581 41.0 2.7 DBXT MSMSIA 10US$108 words
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Article121 2012-10-05 8 BY CENTS CLOSE DOWN JMH 5954 -56.6 -0.8 DBXT S&P Short 10US$ 3471 -33.2 -0.8 HK Land 603 -19.7 -2.6 IS Asia BND 100US 1055 -16.0 -1.2 DBXT MSBrazil 10US$ 535 -14.8 -2.2 DBXT MSTaiwan 10US$ 1809 -14.8 -0.7 Luye Pharma 119.5 -10.0 -7.7 DBXT MSPacExJp 10US$ 455 -8.6121 words
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Advertisement345 2012-10-05 9 r 4 <A° AT DAMANSARA HEIGHTS IOUS CONDOMINIUM IN GCB Area IIMIE m r IKT jJn KLCC Damansara Heights U0 -A am m BeESS SfeA* Pusat Bandar Damansara Interchange Station ■i&is adill Ilia «SSS f i •iSV **s£2S*\ 5JS5l Damansara Town Centre saSSI hsSS; Bangsar S=5J > '^r r2eP «*S5fS345 words
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SINGAPORE NEWS
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Article, Illustration501 2012-10-05 10 LEE U-WEN - London-based Arup is designing roof to close and open in 25 minutes By LEE U-WEN ONE could well describe it as the crowning glory befitting a stadium of its stature. The new National Stadium at the $1.33 billion Singapore Sports Hub (SSH)501 words
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281 2012-10-05 10 ANDREA SOH - By ANDREA SOH A THIRD defendant in the City Harvest case has secured permission to go abroad on a bail of $1 million. Tan Ye Peng, vice-presi-dent of the church’s management board, plans to go on a four-day mission trip to Indonesia. He faces281 words
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SINGAPORE ROUNDUP
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146 2012-10-05 10 THE Ministry of Finance (MOF) has accepted 19 out of 42 suggestions on the draft Income Tax (Amendment) Bill 2012 which were received during a public consultation exercise held from July 24 to Aug 13. MOF said the remaining 23 suggestions were not146 words
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130 2012-10-05 10 THE Urban Redevelopment Authority (URA) launched a white site at Thomson Road/Irrawaddy Road for sale by public tender yesterday, following a commitment it received from a developer to bid at least $211.3 million for it. The land parcel was made available for sale130 words
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111 2012-10-05 10 SINGAPORE Power (SP) said its underground cable tunnel project, announced on Sept 17, will be financed in part by loans from DBS, Mizuho Corporate Bank, OCBC, Sumitomo Mitsui Banking Corp, The Bank of Tokyo-Mitsubishi UFJ and UOB. Its subsidiary, SP PowerAssets, has secured a111 words
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381 2012-10-05 10 NISHA RAMCHANDANI - Double whammy of rental hike, labour crunch on horizon By NISHA RAMCHANDANI SMALL and medium enterprises (SMEs), especially those in the retail sector, need to better manage cash flow against the backdrop of increasing costs and stiffer competition, according to consulting firm Vector Scorecard381 words
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430 2012-10-05 10 NISHA RAMCHANDANI - By NISHA RAMCHANDANI JAPAN’S largest pharmaceutical firm, Takeda Pharmaceutical Company, has been making a concerted effort to move out of its traditional strongholds such as Japan and the United States by scaling up investments and research and development (R&D) in the430 words
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Article, Illustration688 2012-10-05 10 NALENE LYHOR, NGUYEN TO GIANG, YEN PIN - By NALENE LYHOR, NGUYEN TO GIANG, YEN PIN The writers are students from NUS Business School EVEN as Brazil prepares to host the 2014 Fifa World Cup, the IPS Group is getting ready for an expected bonanza of infrastructural development contracts in the South American country.PHOTO: ARTHUR LEE - 688 words
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THE ROAD LESS TRAVELLED
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Article, Illustration1562 2012-10-05 11 reportsGEOFFREY EU - Skin Inc, the young Singapore-based skincare brand, is enjoying exponential growth, bringing it closer to CEO Sabrina Tan’s vision of creating an international label, reports GEOFFREY EU reportsGEOFFREY reportsGEOFFREY EU DEEP in the heart of Macpherson, Sabrina Tan is plotting to take over the worldPHOTO: JOHN HENG - 1,562 words
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Page 11 Advertisements
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Advertisement249 2012-10-05 11 Performance Motors Limited bmwindividual.sg BMW INDIVIDUAL. YOUR SIGNATURE, ON A MASTERPIECE. The finest works of art always bear the name of their creators. With BMW Individual, you can leave your signature mark through a plethora of bespoke choices. Headrests, for instance, can be embroidered with your personal monogram, lettering or249 words
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CHILDREN FOR CHILDREN
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Article, Illustration844 2012-10-05 12 reportsTEO SI JIA - Pupils from 66 schools enjoy an outing at Universal Studios, reports TEO SI JIA reportsTEO reportsTEO SI JIA CHILDREN’S Day came a day early for some 1,255 children yesterday. The group of pupils from 66 schools, all of whom are under thePHOTO: JOSEPH NAIR - 844 words
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579 2012-10-05 12 GLOBAL bank BNP Paribas will make a $160,000 donation over the next two years to The Business Times (BT) Budding Artists Fund (BAF) and will join the Little Arts Academy (LAA) as an outreach partner. A cheque was presented yesterday during the579 words
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407 2012-10-05 12 Lee Suet-Fern Managing partner Stamford Law ‘The Children for Children initiative is a wonderful platform for children to learn from one another, to empathise with their less privileged peers and to be cognisant that they too can be involved in helping407 words
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MALAYSIA/INDONESIA
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Article, Illustration775 2012-10-05 13 Ministry also to consider stepping up export of duty-free crude palm oil [KUALA LUMPUR] Malaysia may cut its crude palm oil (CPO) export tax to between 8 per cent and 10 per cent from the current 23 per cent, a ratePHOTO: BLOOMBERG - 775 words
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298 2012-10-05 13 Reuters [KUALA LUMPUR] A Malaysian court has kept on hold the licence granted to Lynas Corp Ltd’s controversial rare earth plant by delaying until Oct 10 a decision on whether it will consider judicial reviews to permanently block production. The Australian company saidReuters - 298 words
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390 2012-10-05 13 WAYNE ARNOLD - REUTERS BREAKINGVIEWS By WAYNE ARNOLD [HONG KONG] Bumi Resources is not a metaphor for Indonesia. The heavily indebted coal miner, currently at the centre of a financial probe and corporate governance spat, has said it may have to sell assets or shares. With coal390 words
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Page 13 Advertisements
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Advertisement141 2012-10-05 13 M'S? iliass 11® iiMi V m m i HIMI S3 IBS II is Si 3 Jamie Hewlett, artist and filmmaker I wouldn't describe myself as a perfectionist but I still haven't produced a piece of work that I'm completely happy with so, maybe I am. I haven't reached the point141 words
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Advertisement2396 2012-10-05 14 HAI LECK HOLDINGS LIMITED (Company Registration No. *****4461D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hal Leek Holdings Limited (the "Company”) will be held at 40 Tuas West Road, Singapore *****9 on Monday, 22 October 20122,396 words
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Advertisement2031 2012-10-05 14 03 CHOSEN HOLDINGS LIMITED Company Registration Number: *****4325C (Incorporated in the Republic of Singapore) NOTICE OF THE FOURTEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Fourteenth Annual General Meeting of CHOSEN HOLDINGS LIMITED (the “Company”) will be held on Monday, 29 October 2012, at 17 Woodlands Terrace, Woodlands2,031 words
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Advertisement175 2012-10-05 14 In the matter of the Companies Act, Cap 50 And In the Matter of Korea Line (Singapore) Pte Ltd (In Creditors’ Voluntary Liquidation) (Company No.: *****2770C) NOTICE OF FINAL MEETING Notice is hereby given that, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the175 words
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GREATER CHINA/INDIA
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Article, Illustration744 2012-10-05 15 But raising caps in these sectors needs MPs’ approval in Parliament in Nov Bloomberg [NEW DELHI] Indian Prime Minister Manmohan Singh’s Cabinet unveiled a second wave of policy changes intended to bolster a slumping economy as he seeks to restore faith inBloomberg; PHOTO: AFP - 744 words
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549 2012-10-05 15 Cathay Fortune’s bid is 17% higher than Discovery’s last price Bloomberg [SYDNEY] A Chinese private equity firm is offering A$830 million (S$1.06 billion) for control of Discovery Metals Ltd, an Australian copper producer with mines in Botswana, in the latestBloomberg - 549 words
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Article, Illustration490 2012-10-05 15 AFP [LOS ANGELES] Chinese actress Zhang Ziyi is suing a US-based Chinese online news outlet over claims that she was a prostitute who had sex with former top official Bo Xilai and others, a lawyer said here on Wednesday. TheAFP; PHOTO: AFP - 490 words
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508 2012-10-05 15 Reuters [WASHINGTON] Chinese theft of valuable US trade secrets, often obtained by sophisticated cyber-at-tacks, is becoming a more serious problem, US industry officials said on Wednesday. “This matter requires more attention,” Jeremie Waterman, head of the US Chamber of Commerce’s ChinaReuters - 508 words
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360 2012-10-05 15 WINNIE LIU - By WINNIE LIU EJ Insight A SIGNIFICANTLY high number of Chinese travellers during the early days of the long public holiday shows the economy remains resilient despite slowing growth, easing fears about reduced tourist spending, economists said. “The strong tourism data forEJ Insight - 360 words
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Advertisement1990 2012-10-05 16 ATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices GRAND BANKS YACHTS LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: *****1189E NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at SGX Auditorium, Level 2, 2 Shenton Way,1,990 words
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Advertisement908 2012-10-05 16 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF G-PHONE SINGAPORE PTE LTD (Co. Reg. No.: *****3501W) (IN COMPULSORY LIQUIDATION) NORWEST HOLDINGS PTE LTD (Co. Reg. No.: *****6820E) (IN COMPULSORY LIQUIDATION) SOLVATORS HOLDING PTE LTD (Co. Reg. No.: *****7708K) (IN COMPULSORY LIQUIDATION) NOTICE is hereby908 words
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Advertisement1383 2012-10-05 16 CHUAN HUP HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Co. Reg. No. *****0572R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the FORTY-SECOND ANNUAL GENERAL MEETING of the Company will be held at The Board Room, 390 Jalan Ahmad Ibrahim, Singapore *****5 on 25 October 2012 at1,383 words
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Advertisement756 2012-10-05 16 NOTICE BestView™ System products are multi-functional and Fully Openable. This unique invention has been patented in many countries, including Singapore-patent No.***** (Reg.No.*****2573-4). BestView™ system products with above patented technology was launched in 2001 and is popular both locally and overseas. We hope this BestView™ technology patent Notice with photos will756 words
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ECONOMY WATCH
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Article, Illustration615 2012-10-05 17 Weak spending on household goods and dining out pulls down sales Bloomberg [SYDNEY] Australian retail sales advanced at half the pace economists forecast in August as weaker demand at household-goods outlets and restaurants offset a rebound in spending at department stores. SalesBloomberg; PHOTO: REUTERS - 615 words
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604 2012-10-05 17 Q3 also sees less strip-mall space leased compared to Q2 amid weak demand Reuters [NEW YORK] The nascent recovery at US strip malls stalled in the third quarter as retail sales struggled. But large regional malls continued to rebound, driven by top-qualityReuters - 604 words
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Advertisement773 2012-10-05 17 >*• WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices THAI BEVERAGE PUBLIC COMPANY LIMITED (Company Registration No. **********342) (Registered in the Kingdom of Thailand as a public company with limited liability) October 4, 2012 RE: INVITATION TO THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS NO. 1/2012 To: All Shareholders of Thai773 words
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WORLD
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Article, Illustration1226 2012-10-05 18 South Korea’s small retailers are lobbying lawmakers amid falling sales as competition from hypermarkets heat up NYT [BUPYEONG, South Korea] When sales at his clothing shop began sliding several years ago, In Tae Yeon attributed the drop to a bad economy. But he said heNYT; PHOTOS: NYT - 1,226 words
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829 2012-10-05 19 Six months on, curbs on trading, clearing and investment remain a problem Reuters [LONDON] London launched an offshore yuan currency and bond market to great fanfare six months ago, but the bond side will struggle to develop unless British and Chinese authorities take stepsReuters - 829 words
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Article, Illustration855 2012-10-05 19 Bloomberg [DUBAI] Iran’s freefalling currency is turning meat into a luxury, sparking overnight price surges and spurring shoppers to stockpile goods. “Most of my customers just look at products behind the window and pass,” said Behrouz Madani, 42, whoBloomberg; PHOTO: AFP - 855 words
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Article, Illustration896 2012-10-05 20 Govt has decided to phase out artificial chemicals in farming in next 10 years AFP [NEW DELHI] The Himalayan kingdom of Bhutan, famed for seeking “happiness” for its citizens, is aiming to become the first nation in the world to turn itsAFP; PHOTO: AFP - 896 words
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686 2012-10-05 21 Declining business investment, exports have checked economic expansion LATEST US DATA Bloomberg [WASHINGTON] Orders placed with US factories fell in August by the most in more than three years, signalling that slowdowns in business investment and exports restrained the economic expansion.Bloomberg - 686 words
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478 2012-10-05 21 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo INTERNET companies continue to drive growth and job creation in the information technology (IT) industry, with fast-rising demand for mobile services helping to boost revenue and investment in research and development (R&D), according to a new report478 words
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Article, Illustration629 2012-10-05 21 Agency also cuts its world cereals output forecast for 2012 Reuters [ROME] World food prices rose in September and are seen remaining close to levels reached during the 2008 food crisis, the United Nations’ food agency said yesterday, while cutting its forecastReuters; PHOTO: AP - 629 words
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Article, Illustration378 2012-10-05 21 Reuters [FRANKFURT] European Central Bank president Mario Draghi said yesterday the ECB was primed to buy troubled eurozone bonds when conditions were right and that this had already calmed financial market tension. Speaking at his regular monthly news conference, Mr DraghiReuters - 378 words
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Advertisement62 2012-10-05 18 WITH MORE THAN 84,000 PROPERTIES. QUICKER DOWNLOADS AND ADVANCED SEARCH TOOLS. YOUR IDEAL HOME ISN'T HARD TO FIND. L .Jbi 1 il FOR SALE d vi Ml A product of SPH, Singapore's trusted media group. At stproperty.sg your ideal home isn’t hard to find. The STProperty App for iPhone and62 words
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Advertisement586 2012-10-05 19 ASIAN M A T R Gourmet Culture Lifestyl Proudly Presented by AMERICAN ■{EXPRESS A Month-long Celebration of Asia Cuisines, Culture and Lifestyl i EMBARK ON THE GASTRONOMIC ADVENTURE OF THE YEAR 1 30 November 2012 V b£ 'ggy s Susuii Lee GOURMET SIGNATURES Cuisine of Thulasidaran Dayalan 1-14 Nov StraitsKitchen,586 words
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Advertisement3182 2012-10-05 20 beats notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices M ciicta n MEMSTAR TECHNOLOGY LTD. (Incorporated in the Republic of Singapore) (Registration Number: *****1641K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2012 Annual General Meeting of Memstar Technology Ltd. (the "Company") will be held at SGX Auditorium,3,182 words
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Advertisement413 2012-10-05 20 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 NS UNITED SHIPPING (SINGAPORE) PTE. LTD. [COMPANY. REG. NO. *****7399G] MEMBERS’VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company which was deemed to have been held on 28 September 2012 and the following resolutions passed pursuant to Section 179(6) of413 words
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Advertisement122 2012-10-05 21 Qh&bdfyy WISHES YOU A VERY i The Regent Singapore Diwali MitHai Give a gift of freshly-made Diwali Sweets in exclusive boxes: ■1-VJ311-(a) 12 pcs@ $38 Nett (b) 18 pcs® $48 Nett Diwali Buffet Lunch S$25 +pp (25 dishes) starts from 15* October 2012 1 Organize a Grand Party at your122 words
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Advertisement94 2012-10-05 21 WEEK ENDS. Indulgence begins. Laze, graze, forget week days. Gourmets can now give themselves over to pure culinary pleasure all weekend long at Conrad Centennial Singapore. Afternoon Delight Lobby Lounge Oscar's Sunday Amazing Graze $45++ per person* 1pm to 5pm (avail. Sat Sun) $78++ $148++ per person* per person* (food94 words
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Advertisement185 2012-10-05 22 / 23 ••liUltl The new BMW 7 Series «l| pml-bmw.com.sg Sheer Driving Pleasure Mil •in* I !i %m F i 9 4* 1 ■P* r I a 9 I S ik—^: t J 7 ft IT DOESN’T NEED A SINGLE WORD TO SAY IT ALL. A true leader makes a statement even185 words
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EDITORIAL & OPINION
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466 2012-10-05 24 EDITORIAL THE world’s greatest political show will come to an end in about a month and whether Democrat Barack Obama or Republican Mitt Romney would emerge as the winner in the US presidential race on Election Day is still anyone’s guess even after their466 words
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Article, Illustration822 2012-10-05 24 GAIL COLLINS - It’s all up for debate if anyone really cares to listen THE BOTTOM LINE GAIL COLLINS NYT SO how are you enjoying Debate Season, people? As compared to the prior Convention Season. Or that little patch in between that has now become known as Reducing Expectations Season. And before that,NYT - 822 words
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Article, Illustration1204 2012-10-05 24 ANTHONY ROWLEY - Key issues include tackling global financial crises and normalisation of Myanmar’s ties ANTHONY ROWLEY okyo Correspondent TOKYO may not exactly be aiming to “snatch victory from the jaws of defeat” when it hosts the International Monetary Fund (IMF) and World Bank annual meetingsPHOTO: AP - 1,204 words
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Article, Illustration1143 2012-10-05 25 KATHRYN YAP - Like him, CEOs must recognise the need to operate with a global perspective By KATHRYN YAP The writer is managing partner, CTPartners in Singapore, a top executive search company ON Oct 5, 2011, the world lost a great business icon. Not only did he leave behindPHOTO: REUTERS - 1,143 words
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Article, Illustration754 2012-10-05 25 SANJIV DUGGAL - By SANJIV DUGGAL The writer is senior portfolio manager for India equities at HSBC Global Asset Management (Singapore). He is also fund manager for the HSBC GIF Indian Equity fund THE Indian government has surprised the markets with a series of measures in754 words
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LETTERS TO THE EDITOR
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167 2012-10-05 25 WE refer to the article “Ample local power supply so imports not needed: EMA” (BT, Oct 4). The article’s headline does not accurately reflect EMA’s position on electricity imports. EMA would like to clarify that we are actively looking at the possibility of importing167 words
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668 2012-10-05 25 WE refer to Denis Distant’s letter to the editor, “F&N Capital Reduction Debatable” (BT, Oct 3). We believe that most investors would be aware that in the event of a payment of a significant dividend, the share price of a company is expected668 words
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Advertisement127 2012-10-05 25 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 libel127 words
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Advertisement10 2012-10-05 26 All the great songs in one place kiss92.sg facebook.com/kiss92fm 0Kiss92fm10 words
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AVIATION/SHIPPING
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Article397 2012-10-05 27 VEN SREENIVASAN - Changes start when Emirates partnership gets the nod from Aussie regulators By VEN SREENIVASAN AUSTRALIAN carrier Qantas has unveiled changes in its services to and through Singapore, which will take effect once its partnership with Emirates is approved by Australian regulators. These include the cancellation of397 words
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Article, Illustration752 2012-10-05 27 AirAsia Japan, Peach Aviation, Jetstar Japan find converts AP [NARITA] Japan has a reputation for loving expensive things like overpriced real estate, gourmet melons and luxury brands. But the nation is finally discovering the joy of flying cheap, with theAP; PHOTO: AP - 752 words
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Article241 2012-10-05 27 SGX '000 Oct 4 S$ +/-Vol CH Offshore 0.52 0.01 1329 Chuan Hup Hldg 0.26 0.01 37 Oct 4 S$ First Ship Lea 0.12 unch 667 Freight Links 0.07 unch 325 Grand Banks 0.42 -0.01 5 Jaya Hold Ltd 0.58 0.01 76 K1Ventures 0.13 unch 646 Keppel Corp241 words
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393 2012-10-05 27 Reuters [LONDON] Crude oil tanker earnings on the major Middle East route were weaker on Wednesday as slow business and a surplus of vessel availability took their toll on rate sentiment. The world’s benchmark VLCC export route from the Middle East GulfReuters - 393 words
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Article, Illustration365 2012-10-05 27 AP [MANILA] The Philippines is proposing that countries in South-east Asian create a regional informationsharing system to better watch waters troubled by territorial disputes, piracy, smuggling and rapid degradation of marine resources. Philippine officials made the proposal on Wednesday at the start ofAP; PHOTO: AFP - 365 words
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3500 2012-10-05 28 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 n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination3,500 words
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Page 27 Advertisements
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Advertisement153 2012-10-05 27 NOTICE TO TRADE WINTER SEASON CHARGE Singapore/PortKlangtoKolkatta/Haldiaandviceversa With effect from 1 November 2012, we will apply a Winter Season Charge (WSC) of USD 118.00 per TEU on all SOC shipments (laden) from Singapore/ Port Klang to Kolkatta/Haldia and vice versa. This is to enable us to recover the loss in153 words
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Advertisement228 2012-10-05 27 NOTICE TO TRADE WINTER SEASON CHARGE Singapore/PortKlangtoKolkatta/Haldiaandviceversa With the low water situation during winter, drafts have been cut and this has adversely affected the loading on our vessels. In order to recover the loss in revenue arising therefrom, we will implement a Winter Season Charge (WSC) of USD 118.00 per228 words
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Page 28 Advertisements
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Advertisement28 2012-10-05 28 Corrs: Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 The Business Times Shipping Times28 words
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Advertisement18 2012-10-05 28 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times18 words
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Page 29 Advertisements
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Advertisement109 2012-10-05 29 TO ADVERTISE IN .THE Business Times Shipping times CALL JOE WONG FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 1327 Celebrate Your Project Completion Come publicise your Project Completion, Ship Christenings Delivery of Newbuilds, Vessel Conversion Refurbishment, Award Wins Certifications, Corporate Image, Corporate Developments and109 words
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SINGAPORE STOCKS
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Article3030 2012-10-05 30 Transaction date: Oct 4 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 146.5 92.5 AIMSAMPIReit 146 +2 7033,030 words
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Article194 2012-10-05 31 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 Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale C000) High Low Buyer Seller C’vr194 words
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Article8354 2012-10-05 31 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 Aberdeen Asset Mgt Asia Limited AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mat Asia Limited Asian Local Ccy SD Bond 0.9828/ Asian Smaller Cos'"8,354 words
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Article193 2012-10-05 31 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 41.5 25.5 Genting HK US$ US32 unch 3297 32 31.5 31.5 32 2107 Sale 228 169 TanChongInt HK212 unch 36 212 212 212 219 4.3 3.3193 words
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Article989 2012-10-05 31 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124.9 114.4 ABF SG Bond ETF 119cd -1 2 120 119 119 126 543.2 127.1 120.4 CIMB APAC Div 100S$D 127 126.3 127.2 103.1 95.8 CIMB989 words
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FINANCE & COMMODITIES
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Article636 2012-10-05 32 Oct 4 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8783.13 8865.92 8738.31 Dec12 8745.00 8885.00 8735.00 8840.00 ***** *****9 Mar13 8765.00 8765.00 8760.00 8825.00 143 1126 MSCI TAIWAN INDEX FUTURES SPOT 273.54 274.11 271.65 Oct12 274.00 276.00 271.60 274.50 ***** *****0 Nov12 273.70636 words
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373 2012-10-05 32 In local curr In S$ In US$ dy yr dy yr dy yr Oct 3 Index Change Change Change Change Change Change World Preliminary 923.2 0.3 11.3 0.3 6.1 0.0 11.6 EAFE Preliminary 729.4 0.0 6.9 -0.2 2.1 -0.5 7.4 Europe Preliminary 1111.3 0.0 8.3373 words
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Article, Illustration95 2012-10-05 32 As on 3 October 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT DEC2012 1782.80 1774.40 1779.90 33 INDIA GOLD (E-GOLD) FUT DEC2012 596.00 592.90 594.25 559 CURRENCY EUR-USD FUT DEC2012 1.2943 1.2895 1.2913 81 BASE METAL COPPER95 words
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Article107 2012-10-05 32 Oct 3 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 12 1531.75 1530.50 1543.75 1504.00 Jan 13 1532.25 1533.25 1543.50 1506.25 Mar 13 1501.50 1501.75 1511.00 1473.25 May 13 1464.25 1461.50 1474.50 1435.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 12 50.33107 words
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Article70 2012-10-05 32 CRUDE OIL PRODUCTS Oct 3 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.84 -3.23 WTI (Near Mth) 87.97 -3.77 Dubai (1-Mth F) 107.38 -1.49 Tapis blend 115.29 -1.32 Minas 110.44 -1.32 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 103 -2.11 Jet Kerosene 129.44 -1.18 US$/barrel OpecOil Basket70 words
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Article22 2012-10-05 32 Oct 4 S$ Bid Offer 1-month 1.2293 1.2295 2-months 1.2293 1.2295 3-months 1.2292 1.2295 6-months 1.2288 1.2291 Source: OCBC22 words
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Article64 2012-10-05 32 Oct 3 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2074.00 2078.75 3 months 2102.50 2107.00 Copper, Grade A(US$/tonne) Cash 8285.50 8325.25 3 months 8290.00 8325.50 Lead(US$/tonne) Cash 2295.50 2288.50 3 months 2306.00 2300.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.0064 words
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Article80 2012-10-05 32 Oct 3 COCOA (£/tonne) Close Prev High/Low Dec 12 1564 1599 1599/1555 Mar 13 1568 1596 1596/1560 May 13 1577 1603 1599/1568 Jul 13 1584 1610 1606/1571 COFFEE(US$/tonne) Close Prev High/Low Nov 12 2180 2200 2218/2169 Jan 13 2188 2208 2226/2180 Mar 13 2200 2220 2237/2194 May 13 221180 words
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910 2012-10-05 32 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 1 146 488 6.38 19 Conv Ratio Baker Technology Ltd W*****6 1 -0.1 200 1 32 33.00 1 Price Best World Intl Ltd W*****5 0.3 1 30910 words
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Article470 2012-10-05 32 Oct 4 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.008 6.424 0.790 7.927 52.947 98.075 0.803 11.385 3.121 1.245 97.411 42.404 1.257 8.652 0.958 30.004 31.247 0.634 1.022 Canada 0.992 6.374470 words
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Article62 2012-10-05 32 Oct 4 (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$) 0.***** 3 mths 0.***** 0.***** 9 mths SWAP Mid rates (S$) 0.***** 0.***** SWAP Mid rates 162 words
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Article137 2012-10-05 32 Oct 4 GOLD(US$/oz) Oct 04 Oct 03 Hong Kong 1791.00 1783.00 Oct 03 Oct 03 Oct 02 London 1778.34 1778.30 1779.56 1779.05 Source: Thomson Reuters CAST BAR Oct 04 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 158 70 5gm 449 352 10gm137 words
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Article90 2012-10-05 32 Oct 4 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 03-Jan-13 0.29 6-Month BS*****W 04-Apr-13 0.3 1-Year BY*****T 02-May-13 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14 102.12 102.16 102.16 5-Year N*****0Z 2.37590 words
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Article57 2012-10-05 32 Oct 4 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 12 2205.0 2183.0 2205.0 2189.0 19 2576 Nov 12 2257.0 2269.0 2307.0 2236.0 1192 ***** Dec 12 2348.0 2351.0 2404.0 2321.0 ***** ***** Jan 13 2430.0 2439.057 words
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Article154 2012-10-05 32 Oct 4 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2562 1.2570 1.0219 1.0224 Canadian dollar 1.2464 1.2473 1.0145 1.0139 Euro 1.5912 1.5917 1.2944 1.2946 NZ dollar 1.0089 1.0100 0.8207 0.8215 Sterling pound 1.9804 1.9813 1.6110 1.6115154 words
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Article121 2012-10-05 32 As at 9am Oct 4 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.288 1.227 Can dollar 1.277 1.217 Euro 1.628 1.551 Sterling pound 2.019 1.942 NZ dollar 1.04 0.991 US dollar 1.25 1.202 Local dollars to 100 units of foreign121 words
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Article160 2012-10-05 32 Oct 4 $S Offer Bid 0vernight 0.02 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ Offer Bid 7 days 0.23 0.13 1 month 0.35 0.20 2 months 0.45 0.25 3 months 0.50 0.30 6 months 0.80 0.60 9 months 0.95 0.75 12160 words
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PROPERTY
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Article, Illustration879 2012-10-05 33 reportsTAY SUAN CHIANG - Paperback or plastic bag, property developers find novel ways to promote their projects, reports TAY SUAN CHIANG reportsTAY reportsTAY SUAN CHIANG Prospective buyers at Heron Bay, an executive condominium (EC) development not only get a tour of the showflat, but come away fromPHOTOS: YEN MENG JIIN - 879 words
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Page 33 Advertisements
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Advertisement477 2012-10-05 33 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WATS D04 HOUSE FOR SALE COVE DRIVE Cove Dr. Sentosa. *****/ 8035 sqft. Colonial style design. Can park up to 10 cars. 4 bdrms ensuite. Facing golf course. $33M neg D04 HOUSE FOR SALE SANDY ISLAND Sentosa Sandy Island. Best facing with477 words
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Advertisement109 2012-10-05 33 D11 21 HOUSE FOR SALE MOUNT ROSIE Open House 5pm! Gem of Mt Rosie cluster hse. Contemporary, F’hold. 5bdrm. 4850sqft. Pool. Luxury finishing. Tenanted $8K. $835psf. Natalie *****647 D13 HOUSE FOR SALE BRADDELL Bungalow. Like new! 10,000/13,000 sqft. 7+2 huge bedrooms with lift, pool loft. Park 6 cars. View be109 words
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Page 34 Advertisements
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Advertisement430 2012-10-05 34 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D13 HOUSE FOR SALE JALAN GIRANG Freehold. 2-storey SemI-D Jalan Girang, 3507 sqft, frontage 10m, depth 30m. Regular land. Suits Alteration Addition rebuilt. D13 HOUSE FOR SALE SENNETT 1) Terrace Sennett 1000, 1500, 1800 sqft. MRT. $2M up. 2) Semi-D Braddell $3.xM.430 words
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Advertisement94 2012-10-05 34 D20 HOUSE FOR SALE THOMSON RIDGE Thomson Ridge Semi-Detached. Freehold. Approx Land 298.3 sqm. Well renovated. Near Thomson Plaza. Valued $4.6M. D25 HOUSE FOR SALE WOODGROVEAVENUE Woodgrove Ave 2-storey bungalow. 6100/ 3800 sqft 5+1. Resort lifestyle. Mins to American Sch. Closing soon! Sale/ rental. Call Chew 9742 1122 D27 HOUSE94 words
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Page 35 Advertisements
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Advertisement243 2012-10-05 35 D28 HOUSE FOR SALE SELETAR 999 year bungalow Seletar 2 years old. 3.5 storey, 4654/ 7000 sqft. 6+1+1+ roof terrace $5.9M. Zarin 9070 3999 D01 APARTMENT FOR SALE MARINA BAY SUITES Marina Bay Suites. 3 4 rms Luxurious units with private lift. ABSD refund if any. Good Investment Pricing. Call243 words
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Advertisement244 2012-10-05 35 D05 APARTMENT FOR SALE PEPYS HILL $1090 psf! F’hold. 6340 sqft Duplex Penthse 4-bdrm, spacious living, balconies, panaromic view. 5 mins Pasir Panjang MRT. 9339 4040 Yen D05 APARTMENT FOR SALE THE PEAK The Peak Balmeg. Freehold. 2-bedroom. 990 sqft. Bright windy. Condo facilities. 9009 1821 AY Lim D05 APARTMENT244 words
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Advertisement245 2012-10-05 35 D09 APARTMENT FOR SALE THE PATERSON Exclusive Freehold 2+maids, spacious, 1206 sqft, high floor. Minutes to ION Orchard/ OFS/ ISS/ GWC. Must view! Patrick 9634 6169 ERA D10 APARTMENT FOR SALE BEVERLY HILL Beverly Hill, 4+1 ensuite, 3778 sqft, renovated, 2 balcony, TV lounge, bar, wet dry kitchen. Lim PL245 words
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Advertisement229 2012-10-05 35 D11 21 APARTMENT FOR SALE CASCADIA Cascadia Penthouse Lover. F’hold 4531 sqft. New! 2/ 2 study/3/3+study/4 rooms. Near MGS/ Future MRT D11 21 APARTMENT FOR SALE HILLCREST VILLA Hillcrest Villa. 3-storey Cluster. 5+1. 2918 sqft Pool view. Nanyang Primary/ Raffles Girls Primary School $3.03M. Jack 8202 0202 D11 21 APARTMENT229 words
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Advertisement245 2012-10-05 35 D13 APARTMENT FOR SALE SKYGREEN MACPHERSON $6XXK. Freehold. 5mins to MRT. 1-3bdrm. 4bdrm dual key. Penthouses. Unique architectural design. Near good schools Paya Lebar Commercial Hub. D13 APARTMENT FOR SALE SKY GREEN Macpherson. Freehold. 5 mins to MRT, near Biz Hub, good school, well connected via KPE, PIE CTE. Excellent245 words
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Advertisement238 2012-10-05 36 D15 APARTMENT FOR SALE MEYERISE Meyerise. Freehold. Seaview. 2rm, 883 sqft, $2029 psf. 3 rm, 1270 sqft, $1,779 psf. 4rm, 1,819 sqft, $1630 psf. 4+study, 2056 sqft, $1630 psf. D15 APARTMENT FOR SALE SILVERSEA Silversea, 3+1 bdrm, 138 sqm, TOP 2013. #10, sea facing, lush landscape, full facilities. Sole agent,238 words
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Advertisement217 2012-10-05 36 D19 APARTMENT FOR SALE FIORENZA Freehold. Penthouse. Bright. Unblocked. Sky gym. Near mall/ Kovan MRT. Jo Lie 9748 4825 D19 APARTMENT FOR SALE KOVAN RESIDENCES Kovan Residences MRT. Single level Penthse with unblocked view. Good layout. 3045 sqft. $1120 psf. D19 APARTMENT FOR SALE RESIDENCES BOTANIQUE F’hold. 2-bdrms. High flr.217 words
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Advertisement256 2012-10-05 36 D27 APARTMENT FOR SALE SKIES MILTONIA Skies Miltonia from $4xx. Reservoir, Golf view! 1-4-room Dual-key/ Townhouse. Hurry To view, call now Shawn 9028 0001 D05 HOUSE FOR RENT CHWEE CHIAN ROAD Chwee Chian Road. 5+ maid family rm, good size garden. Partial furnished. $8.8K. Nice kitchen/ bath. Tyng Jiuan *****182256 words
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Advertisement241 2012-10-05 36 D19 HOUSE FOR RENT LI HWAN CLOSE 2-storey bungalow. 4+1 bedrooms. Spacious living. Fully airconditioned. Near MRT station. Available immediately. View to offer! Margaret 9680 1771 D21 HOUSE FOR RENT TOH TUCK PLACE Lovely Corner Terrace! Toh Tuck Place. 4+1 big garden 3500/ 4000 sqft, Fully renovated. Immed. $7.3K neg.241 words
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Advertisement241 2012-10-05 36 D10 APARTMENT FOR RENT PARVIS Parvis Holland Hill. 3+1 rooms greenery patio. Garden Pool. Available immediate. Don’t miss!!! Tay SC 9487 4455 D10 APARTMENT FOR RENT SHEARES VILLE Sheares Ville penthse. 5-rm, roof terr, great view. See To Appreciate! Avail immed. Dennis *****915 D10 APARTMENT FOR RENT THE CORNWALL 1410241 words
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Page 37 Advertisements
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Advertisement537 2012-10-05 37 D01 OFFICE FOR SALE RAFFLES PLACE Grade A Office for Sale, *****sqft. Whole floor. Next to MRT. Rental yield 4.5%. Don’t miss! Call now 9101 6433 LamHH D08 SHOP FOR SALE BUGIS CUBE 470 North Bridge Rd Bugis Cube 999 years. 279 sqft, grease trap, water point. TOP 2013. $1.4M537 words
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Advertisement314 2012-10-05 37 D01 OFFICE FOR RENT 36B BOAT QUAY D.01 Boat Quay. Immediate. 3rd floor. Approx 1230 sqft $3.80 psf. Near Raffles MRT. River view. Call Owner *****913 *****086 D01 OFFICE FOR RENT HONG LIM Office for rent Hong Lim, Convenient. 4 aircon. attached toilet, Avail Immediate, Near MRT. Call Now: Ms314 words
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Advertisement150 2012-10-05 37 D13 OFFICE FOR RENT GENTING LANE Immediate. 80 Genting Lane near Macpheson Road. Ruby Industrial Complex. 1754 sqft. Partiton. Office/ Warehouse. Tess 9070 7730 D14 SHOP FOR RENT ALJUNIED CRESCENT Heavy traffic. Blk 95 Aljunied Crescent. Face mkt/ hawker ctr. 61 sqm. Whole 1/2-Shop. Why Wait? D15 OFFICE FOR RENT150 words
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Advertisement471 2012-10-05 37 FOREIGN PROPERTY FOR SALE D’SURIO IN MALAYSIA D’surio 5 mins fr the heart of KL city. NS facing. RM$500 psf only. 6% earlybird disc. 80% sold. Hurry call Sole Agent Mar Property 9004 0944 FOREIGN PROPERTY FOR SALE NUSAJAYA SQUARE From $400k Nusa Jaya Square. JB. F’hold 3/4 sty commercial471 words
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Advertisement80 2012-10-05 38 The Business Times is now on iPhone! Download the app for free from iTunes. Enjoy free breaking news and subscribe* for the full daily Business Times. ‘Get free access to premium content for up to 1 month when you subscribe on iTunes now. For a limited period only. •ml 4q80 words
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executive lifestyle
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661 2012-10-05 39 Jaime Ee - I won’t clear my tray so Sue me OFFTHE CUFF Jaime Ee SO you’re feeling a bit down because the juiciest sex scandal in town is on hold for the time being. Cheer up welcome to Courtroom 5F, where we serve up scandals for every taste. Indeed, the scandal du661 words
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Article, Illustration1776 2012-10-05 39 CHRISTOPHER LIM - Craft beer continues its rise in Singapore in spite of rising costs, reports CHRISTOPHER LIM reportsCHRISTOPHER CHRISTOPHER LIM THE next time you nurse a beer at your favourite microbrewery, enjoying what you think is an artisanal brew lovingly brewed inhouse, you might want to think1,776 words
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CINEMA
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Article, Illustration641 2012-10-05 40 GEOFFREY EU - If you like mindless action with some European-style class and nice views of Istanbul, Taken 2 will suit you nicely, says GEOFFREY EU GEOFFREY EU WHEN it comes to su-per-slick, fast-paced films with excessive action and little or no substance,641 words
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Article, Illustration576 2012-10-05 40 DYLAN TAN - By DYLAN TAN IT’S not often you find a rom-com that gets turned on its head, but Celeste and Jesse Forever does just that and what a treat it is. Funny and touching, it’s a bittersweet hipster love story about the falling out of love.576 words
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Article, Illustration507 2012-10-05 40 DYLAN TAN - By DYLAN TAN WHEN you let the sci-fi geeks of the recent Tron reboot pen their directorial debut, you can’t exactly accuse them for plagiarising themselves. And that’s exactly what the duo of Brian Klugman and Lee Sternthal have done in The Words. A Russian507 words
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WINE
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Article, Illustration1198 2012-10-05 41 N K YONG - The choice of the brand name PONT DES ARTS is very pointed, referring to a philosophy bridging art and wine, East and West, says N K YONG N K YONG I SUSPECT that few wine lovers today would be familiar with names1,198 words
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ARTS
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Article, Illustration741 2012-10-05 42 CHEAH UI-HOON - Two key performers on the Dans Festival stage this year are over 60. Paco Pena, 70, and Ushio Amagatsu, 63, share what’s it like to still be on the stage at their age, and how their works reflect global influences. Reports by CHEAH UI-HOON741 words
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629 2012-10-05 42 ONE standard image of dancers is of them rehearsing in a studio, surrounded by mirrors. Not for the dancers of Sankai Juku though, who rehearse without mirrors and prefer to follow their flow of consciousness. “I ask the dancers that they try not to cut the629 words
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Article, Illustration918 2012-10-05 42 HELMIYUSOF - By HELMIYUSOF AFTER a 13-year absence from theatre, Jacintha Abisheganaden is returning to tread the floorboards in the musical National Broadway Company. She is playing herself in this tribute to Singapore theatre. And a younger version of herself will also appear on stage, played by918 words
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Article, Illustration521 2012-10-05 42 HELMI YUSOF - Voice Clear And True: New Singapore Plays Volume 1 Edited by Huzir Sulaiman, Lucas Ho and Laremy Lee Checkpoint Theatre, 318 pages $24.90 By HELMI YUSOF LAST weekend, audiences at the National Museum of Singapore were treated to a sublime one-woman play titled Occupation521 words
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Page 39 Advertisements
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Advertisement9 2012-10-05 39 PURSUITS Musicity: Blurring boundaries between albums, gigs PAGE 439 words
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Page 40 Advertisements
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Advertisement24 2012-10-05 40 www.omy.sg HfWWIfHIfftS V SUAL OR GINAL TY X-FACTOR o o **^s* r 10^80 n More at blog.omy.sg/vox Download FREE QR Code Reader, e.g. BeeTagg24 words
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Advertisement34 2012-10-05 40 BREAST CANCER WOES Two Indians share their stories and how early detection saved them WHY RANI MUKHERJEE CHOSE TO BE THE AIYYA GIRL GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)34 words
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Advertisement313 2012-10-05 41 3* > a Welcome to your private imam HAVEN OF BLISS HI TM Introducing £spa’s Private Spa Suites Hs3 ESPA m Experience a new level of serenity. For a truly exclusive experience, ESPA at Resorts World® Sentosa presents the ultimate luxury: the Beach Villas Private Spa Suites and Garden Spa313 words
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Page 42 Miscellaneous
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Miscellaneous303 2012-10-05 42 CRYPTIC CROSSWORD Across 1 Orders cat’s diet to be changed (8) 6 Original spares may be few and far between (6) 9 A naturally talented spinner (6) 10 Outstanding feature of country spot (8) 11 Quartz watch that doesn’t look for real? (5,3) 12 Union left gets in extremely easily303 words
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PURSUITS
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Article, Illustration765 2012-10-05 43 CHRISTOPHER LIM - Musicity breaks new ground here by linking tunes, places, saysCHRISTOPHER CHRISTOPHER LIM Musicity sin.musicity.info Rating: B TRUDGING to a physical location to listen to a live gig has traditionally been quite distinct from enjoying an album on your phone or computer. But the line between765 words
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Article, Illustration566 2012-10-05 43 CHRISTOPHER LIM - By CHRISTOPHER LIM SOME might dismiss a game developer adapting a literary and film franchise as recognised and, recently, done to death as Sherlock Holmes, but it also takes guts because only a fool would fail to realise that everyone already has a preconceived image566 words
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AroundTown
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Article449 2012-10-05 43 A dose of contemporary (and political) Malaysian art: Three Malaysian artists are showcasing their works in galleries here this month: Malacca-based Charles Cham at Art 2 Gallery till Oct 24, 140 Hill Street, #01-03, MICA Building, Tel: 6338 8713); Anurendra Jegadeva at The Arts House’s gallery (till Oct449 words
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Article187 2012-10-05 43 Retrolicious 2012: If the names Wang Chung, Tiffany, Howard Jones and Alphaville all ring a bell, you may want to go for an unforgettable night of 80s pop at this music festival. An on-the-sidelines competition is being held, in which the biggest group of friends to come dressed in187 words
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Article, Illustration85 2012-10-05 43 Toy swap over a veggie burger meal: What do you do with toys that your children have outgrown? Try swapping them instead of junking them. VeganBurg is organising a Toy Swap on Wednesday at its premises: VeganBurg The Grandstand, 200 Turf Club Road, #01-32, during its operating hours. Customers85 words
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Page 44 Advertisements
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Advertisement73 2012-10-05 44 h ifey UNIT 01-48, PARAGON, TEL. 65.6738.3323 LEVEL 1, TAKASHIMAYA DEPARTMENT STORE TEL. 65.6738.2212 4 I •mm v f I W it: M l i* o Vi' k 1 4 SftJ y*. nri r m u m«t 81 i fjttwr ir n* ‘n y»i *V o K/ H 'V i73 words
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Page 1 Advertisements
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Advertisement159 2012-10-05 1 LUXE TRAVEL The Business Times, Friday, October 5, 2012 1 Experiences to treasure Enjoy the high life in exotic destinations Photos: Crystal Cruises, Janice Tay, Ming E. Wong, Rodney Ee, Spindleruv Mlyn zn AIRFRANCE KLM 1 Receive 5,000 Flying Blue Bonus Miles in Premium Economy from Singapore to Europe round159 words
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SPECIAL PRODUSED BY SPECIAL PROJECTS UNIT MARKETING DIVISION SPH
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LUXE TRAVEL
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Article, Illustration748 2012-10-05 2 From Paris to Bilbao, these interactive architectural destinations boast of gourmet restaurants, children’s entertainment and great networking possibilities by Ming E. Wong TODAY, great art can be found all over the world, but the established alliances among Europe’s museums and the sophistication of itsPhotos: Ming E. Wong - 748 words
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Article, Illustration626 2012-10-05 4 Jiahui Tan - Spindleruv Mlyn, where Franz Kafka spent his last years, offers thrilling powder snow slopes without the crowds By Jiahui Tan Sitting by the crackling fire of a cozy bar in Wenceslas Square in Prague, we struck up a conversation with a Taiwanese couple from anPhotos: Spindleruv Mlyn - 626 words
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Article, Illustration835 2012-10-05 5 MARC CHECKLEY’S - France’s lavender country is a treat for MARC CHECKLEY’S senses MARC CHECKLEY’S “INTOXICATING” is a word that aptly describes a sojourn in France. There’s the view from the La Tour Eiffel of course, the rich culinary fare, the labyrinthine museums and the sun soaked beaches fringingPhotos: Marc Checkley - 835 words
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Article, Illustration803 2012-10-05 6 Janice Tay - Hot springs are varied and aplenty in Gifu, but in Yarimikan, you can have one all to yourself with a flip of the fingers By Janice Tay WE NEVER make it to the rice course. In the two nights that my friends and I spendPhotos: Janice Tay - 803 words
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Article, Illustration535 2012-10-05 7 Rodney Ee - New luxurious five-star hotels in the country cater to well-heeled travellers By Rodney Ee AFTER decades of isolation, Myanmar is now playing host to a growing wave of luxury tourism. Mr Hean Thant, director of Sun Far Travel and tour Co. one of the largestPhotos: Rodney Ee - 535 words
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Article, Illustration564 2012-10-05 8 HEIDI SARNA - There are more reasons to take a cruise next year, reports HEIDI SARNA reports HEIDI SARNA IT HAS been a challenging year for the cruise industry after the 4,229-passenger Costa Concordia capsized off the coast of Italy in January and dramatic photos and video footage564 words
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Article, Illustration191 2012-10-05 8 For something different, check out the river boats. With a capacity that ranges from 50 to 250 passengers, the newest may come with a small pool or gym, but in general, expect comfortable cabins with private bathrooms, and a lot of outdoor deck space forPhotos: Heidi Sarna - 191 words
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Advertisement491 2012-10-05 2 m ft m Gl'bal Holidays Your Reliable Travel Partner k r"T a TA***** iU \rr r 1 0T^. Ah>:<+nniiinii> adult per Club Med 140% off WHERE HAPPINESS MEANS THE WORLD U /U Ul I Travel: 01 Nov 12 30 Apr 13 I Booked by: 01 Oct -15 Nov 12 4N491 words
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Advertisement331 2012-10-05 2 SingExpress Travel Sf safe2travel Provider of Tours ahty if V www.openseas.com.sg A cradle of ancient Chinese civilization and coursing over a distance of 6,380 km, the mighty Yangtze is the longest river in China and 3rd in the World! Now, you can luxuriate in the amazing sights and discover the331 words
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Advertisement551 2012-10-05 3 experience Advertising Feature m *MA ■v. t*vi'tjB'ir If r :-r •H'W m m 2011 1 "BEST LARGE-SHIP LINE r> It's Modern LuX ur V cruising to Asia on Celebrity Millennium This December, we are welcoming the first season of top world premium cruise line Celebrity Cruises in Asia, with her551 words
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Advertisement255 2012-10-05 4 G v V a vr v I# A II mi v/ ffir m m m vL' V a* V G 6 NIGHTS 7 DAYS TRIP TO BHUTAN 1 NIGHT IN THIMPHU 2 NIGHTS IN PUNAKHA 3 NIGHTS IN PARC 2-8 DECEMBER 2012 Twin-sharing: SGD $3380 Single-occupancy: SGD $4080 Be charmed255 words
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Advertisement210 2012-10-05 4 Vm j*L 'ffl/'f o/m/qi/o Perfect moments, always Japan. Endless Discovery. JNTO New Departure ic@ JTB ANNIVERSARY 2012 HI AT TAKASHIMAYA B2 BOOK FROM 5*h„ yth OCT 2Oil® HOKKAIDO Charter CHAPTER 2 7D5N Hokkaido Charter S3* 3.088 -.Chapter 2: Dec 12 P er person A s$100 off Q s$300 off for210 words
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Advertisement452 2012-10-05 5 NORWEGIAN CRUISE LINE® www.ncl.com i m mk guiujpn r NORWEGIAN J TtT'P 9 .0. (< ■■VIHVII o’ V E* -Til3 Norwegian Breakaway f I 1 BREAKAWAY FROM THE ORDINARY Get ready to be dazzled as the colossal Norwegian Breakaway sets sail in the summer of 2013 from New York. Part452 words
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Advertisement106 2012-10-05 6 We’ve got you covered Kota Bharu Subang Kuantan ALL-IN PRICE FROM SGD ONE WAY 65 SINGAP Fly from Singapore to Kota Bharu Kuantan Subang Book from NOW until 14 Oct 2012 Travel from 9 Oct until 15 Dec 2012 Firefly Mobile App is now available: I n Available on the106 words
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Advertisement117 2012-10-05 6 www.gutereise.com.sg GERMANY AND MORE! Book now Special itineraries for "Golden October", Christmas Markets and also New Year's Eve/2013 celebration in Berlin!! 4 c* h A i r cv*jm P y.-i GuiefneiaeS Your Staff Deserve A Break! If your staff have worked hard to achieve success for your company, isn't it117 words
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Advertisement164 2012-10-05 7 Legend of the Seas 2012/2013 2N MALACCA CRUISE Dep Date 03 Nov 2012, 06 Feb, 23 Mar 2013 Port-of-call Singapore, Malacca 3N BEST OF MALAYSIA CRUISE Dep Date 31 Oct, 09, 16, 23 30 Nov, 07, 14 26 Dec 2012 Port-of-call Singapore, Penang, Malacca Dep Date 22 Feb, 01,08 29164 words
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Advertisement138 2012-10-05 7 nr\j/, TOKYO With ANA’s network, we take you from Singapore to the United States via Tokyo with no hassles. New York Washington D.C. Los Angeles Chic go San Francisco Seattle M ia j fitill II mm Launching the flight service between Singapore and Seattle! The flight between Narita and Seattle138 words
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Advertisement542 2012-10-05 8 AUTUMN SALES FIESTA Venue: Suntec Tower 5 level 2 lE-lifel DATE: 6 Oct 7 Oct 2012 2DaysOnlyJ Hi'H Oil DAYS'FREE-EKCIII SI vF FRANCE upgrade: HILTON HOTEL FINLAND upgrade: GLASS IGLOO HOTEL SWITZERLAND JUNGFRAU Scenic Train Ride DUBAI FREE 2 Nights 4* HOTEL SWITZERLAND upgrade: 5★HOTEL VICTORIA JUNGFRAU FRENCH DINNER ITALIAN542 words
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Advertisement14 2012-10-05 8 "S I r> 11 T V EXPERIENCE ITALY uniSb Ergo: Travel www.ergo-travel.com TA 181914 words
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