The Business Times, 8 December 2012
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2012-12-08
1
20
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section14 2012-12-08 1 weekend THE BUSINESS TIMES www. usinesstimes.com. g| DECEMBER 8-9, 2012 S$1.00| MICA (P) 075/08/201214 words
-
Article, Illustration892 2012-12-08 1 Lee U-Wen - By Lee U-Wen leeuwen@sph.com.sg Singapore WITH its six luxury hotels filled to the rafters and a constant stream of visitors still flowing in, Resorts World Sentosa (RWS) now knows where to park them: at its upcoming hotel development in Jurong, withFOO/THE STRAITS TIMES - 892 words
-
Article, Illustration1254 2012-12-08 1 Joyce Hooi - Men are splurging on themselves as the cufflinks cartel carves out a new niche in the luxury goods market By Joyce Hooi joyceh@sph.com.sg Singapore IN the sombreness that has followed a recession and in the suspicion that another might soon follow, theSource: Bain & Company - 1,254 words
-
Page 1 Advertisements
-
Advertisement121 2012-12-08 1 the business www. usinesstimes.com. THE RAFFLES CONVERSATION MOTOKI OZAKI, CHAIRMAN OF KAO 10-11 MOTORING Range Rover SDV8 L19 LIVING Going places L2-4 A \M I 8C pieds/mn 1 5 •V >0 J 'it- 2 I' S3 -g* Bell® Ross TIME INSTRUMENTS if -s FROM THE COCKPIT TO THE WRIST BR121 words
-
Advertisement6 2012-12-08 1 CEOS’ HAWKER CHOICES Nonya laksa L10-126 words
-
-
TOP STORIES
-
MARKETS
-
Article58 2012-12-08 2 GSTI 3,107.11 (+28.91) GSTI FUTURES 3,102.00 (+32.00) GSIMSCI 353.75 (+3.71) GSIMSCI FUTURES 353.90 (+4.30) Friday Change KL COMP 1,617.77 +1.54 NIKKEI 225 9,527.39 -17.77 HANG SENG 22,191.17 -58.64 SET 1,334.95 -4.93 JAKARTA 4,290.80 -1.81 MANILA 5,794.20 +30.56 KOSPI 1,957.45 +7.83 SHENZHEN B 621.71 +8.47 MUMBAI IND 19,424.10 -62.70 11.0058 words
-
Article29 2012-12-08 2 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.333 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.50 INDIA 14.50 Source: Bloomberg29 words
-
Article48 2012-12-08 2 us$ s$ US$ (S$ per US$) 1.221 (US$/S$ per 1.604 1.959 EURO(US$/S$/€) 1.294 1.580 Foreign currency per US$ S$ YEN 82.40 67.50 RM 3.053 2.500 HK$ 7.750 6.348 BAHT 30.68 25.13 RUPIAH 9,625 7,884 RENMINBI 6.230 5.103 INDIAN RUPEE 54.35 44.52 A$ 0.954 0.782 NZ$ 1.202 0.98448 words
-
-
Article, Illustration716 2012-12-08 2 Michael Dee repeats call for Olam to reduce its debt and raise funds by selling equity BLOOMBERG Hong Kong OLAM International Ltd, the commodity trader likened to Enron Corp by short-seller Muddy Waters LLC, bears no resemblance to the failed energy company,BLOOMBERG; PHOTO: BLOOMBERG - 716 words
-
Article, Illustration303 2012-12-08 4 Teo Si Jia - ChildAid 2012 features electrifying young talent who dance and sing their hearts out By Teo Si Jia teosj@sph.com.sg Singapore ELECTRICAL music instruments, headbangers and loud thumping beats check, check and check. All that was absent was a smashed guitar to make yesterday’s ChildAidPHOTO: ARTHUR LEE - 303 words
-
523 2012-12-08 5 Labour market still weak as Nov jobless rate of 7.7% is attributed to people giving up search for work LATEST US DATA Reuters Washington US EMPLOYMENT grew faster than expected in November, but a drop in the jobless rateReuters - 523 words
-
521 2012-12-08 6 Lee U-Wen - Economic uncertainty, stricter rules for local gamblers cited, but its top brass is unfazed By Lee U-Wen leeuwen@sph.com.sg Singapore RESORTS World Sentosa (RWS) recently saw its third-quarter gaming revenue fall 20 per cent amid an uncertain economic outlook and tighter restrictions on local521 words
-
Article, Illustration787 2012-12-08 7 Malminderjit Singh - Base case scenario is 3.5% growth but if potential risks kick in, then expansion would be a mere 0.6% By Malminderjit Singh msingh@sph.com.sg Singapore SINGAPORE’S economic growth could plunge to 0.6 per cent next year if the potential risks to the economy are realised,PHOTO: THE STRAITS TIMES - 787 words
-
Article, Illustration1099 2012-12-08 8 Anna Teo - Awaken Group works with firms, govt bodies to help bring ‘joy and beauty to the world’ By Anna Teo anna@sph.com.sg Singapore IN a culture where “cheaper, better, faster” is the operating mantra, what are the odds of persuading CEOs to embrace “joy and beauty”PHOTO: ARTHUR LEE - 1,099 words
-
311 2012-12-08 8 Anna Teo - By Anna Teo anna@sph.com.sg Singapore INNOVATION is “really about making life better for people”, so “anyone can be creative and innovative”. And there must be room for failure in order to create a culture of innovation. That’s one of 10 “key insights”311 words
-
-
Page 2 Advertisements
-
Advertisement63 2012-12-08 2 CONTENTS LIVING Design L2-4 Style L5 Dining L6-9 NEWS Top Stories 2-8 Week in Review 9 Raffles Conversation 10-11 Companies 12-15 From the Desk of 16 Singapore 17-18 World 19-22 Stocks Stats 23-27 Perspective 28-29 Wealth 30-35 Show Me The Money 33 House Hunt 34 Real Estate 34-35 Hawker Choices63 words
-
Advertisement16 2012-12-08 2 I HOME DECOR’S Great Christmas Giveaway WIN$15,000 WORTH OF GIFTS! *M> ,"3.1#:98#B’#@2?2ED98-BA(.1".+’&#)240 6-9569CB0/>5>5C?96:-B’82D-. #$1 5,000 "4<%=7&&%;4,+;4<+*$)1,4<4(!47*16 words
-
-
Page 3 Advertisements
-
Advertisement286 2012-12-08 3 The Tools The Trades The TrusT Since 1997 GFT Markets have been providing traders with the best possible trading tools, the best possible value, the best possible service and above all, integrity in everything we do. We offer CFDs and FX with powerful execution and competitive spreads. Talk to one286 words
-
-
Page 5 Advertisements
-
Advertisement39 2012-12-08 5 M. A smootree \j/ 4 YEAR-END SALE AT UP TO 40% DISCOUNT OFF SELECTED ITEMS ONLY. T&C APPLY. m 6270 2935 www.smootree.com El soles@smootree.sg 12pm-6pm (closed on Tuesdays) I 2 BOON LEAT TERRACE HARBOURSIDE BUILDING 2 #01-03 SINGAPORE *****439 words
-
-
Page 7 Advertisements
-
Advertisement234 2012-12-08 7 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices WATS NOTICES Si oy Promotion This festive season share the joy of an amazing membership offer at the British Club, Singapore’s Hilltop Retreat. Take up any lifetime membership and receive these .jV’s glad234 words
-
Advertisement40 2012-12-08 7 Park Residences Nature iiq -ir i A, > t-J :ti> A JERRY LUM Snr Marketing Director, MBA, CES CEA Licence no: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg EKA Estate Agent Licence No L*****82K When You Buy, Sell, or Rent40 words
-
-
WEEK IN REVIEW
-
THIS WEEK Dec 3-7, 2012
-
72 2012-12-08 9 THE government is no longer aiming for “ridiculously high” economic growth of years past, but rather a more sustainable rate of about 2-3 per cent per year. Such a rate, said Prime Minister Lee Hsien Loong, “will be considered good”72 words
-
Article46 2012-12-08 9 FOR readers who have been waiting for The Business Times to launch its iPad application, the wait has ended. All iPad users can now download the application for free from the Apple App store under the name “The Business Times for iPad”.46 words
-
51 2012-12-08 9 Septuagenarian “Commodity King” Jim Rogers has found the first board seat in a Singapore-listed company that he would like to keep warm. He was named a non-executive director of Geo Energy Resources, which debuted on the Singapore Exchange mainboard in51 words
-
64 2012-12-08 9 A 13-year marriage that started happily enough but soon deteriorated into an unhappy co-exist-ence could soon end in divorce: Singapore Airlines is said to be ready to offload its 49 per cent stake in Richard Branson-control-led Virgin Atlantic. Delta, the sec-ond-biggest airline in the64 words
-
65 2012-12-08 9 OLAM played its Temasek trump card on Monday against the onslaught by short-sell research firm Muddy Waters, unveiling a rights issue to raise up to US$1.25 billion in capital. The issue will consist of up to US$750 million in five-year65 words
-
65 2012-12-08 9 OLAM might have offered a Te-masek-backed, US$1.25 billion rights issue on Monday to placate investors, but the waters did not look particularly calm on Tuesday as greed and fear battled in the market, fanned by new Muddy Waters theories. The research firm fronted by short-seller65 words
-
83 2012-12-08 9 ASIA faces challenges in managing capital flows in the aftermath of the global financial crisis, and policymakers would be wise to strengthen their toolkits to deal with unpredictable and often excessive flows, Deputy Prime Minister Tharman Shanmugaratnam said. He said that the83 words
-
39 2012-12-08 9 MOVE over, blockbuster drugs you can’t hog the labs. Biopolis, home to the Agency for Science, Technology and Research, is rolling out the welcome mat for skincare and personal care companies.39 words
-
59 2012-12-08 9 THE shabby and rambling Defu Industrial Estate is all set to be transformed into a gleaming, modern industrial park with five times the current factory space and a city centre by its side. The transformation will take place over the next 15-20 years,59 words
-
41 2012-12-08 9 THE best office space in town currently commands just a shade more rental than the rest. But this won’t last once tenants move into new developments and more space emerges in older buildings.41 words
-
Article, Illustration72 2012-12-08 9 AS Olam’s share price continued to sink yesterday, Carson Block the short-seller behind research firm Muddy Waters was in a conversely buoyant mood. The commodity trader’s stock closed at $1.45 on Thursday, down 4.3 per cent, its lowest since March 2009.PHOTO: REUTERS - 72 words
-
58 2012-12-08 9 IS a pillar of Singapore’s success story turning shaky? Labour chief Lim Swee Say on Thursday complained to reporters that the partners in Singapore’s tripartism the much-touted harmonious working ties between government, unions and employers are not in step in marching towards58 words
-
-
Article77 2012-12-08 9 US DATA Dec 11 Oct trade balance Oct wholesale inventories Dec 12 Nov import/export prices Dec 13 Nov retail sales Nov PPI Nov inustrial production Dec 7 Nov unemployment rate SINGAPORE DATA Dec 17 Nov merchandise trade CHINA DATA Dec 9 Nov Consumer Price Index77 words
-
-
Page 9 Miscellaneous
-
Miscellaneous327 2012-12-08 9 Across 5 Language used within confines of stag party (7) 7 Old politician going into price for fertiliser (7) 9 Inappropriate, a French affair of honour, unconcluded (5) 10 Develop complex (9) 11 To unsay what has been said about sappers is cowardly (8) 13 Wager involving trouble in lodge327 words
-
Miscellaneous10 2012-12-08 9 SATURDAY with Ludwig Are you sure that’s who shorted Olam?10 words
-
-
THE RAFFLES CONVERSATION
-
Article, Illustration2267 2012-12-08 10 / 11 Joyce Hooi - In his 40 years at Kao Corporation, Motoki Ozaki has risen to the challenge of understanding how consumers use household items, and has led Kao’s fight to stay relevant even as consumer markets shift. By Joyce Hooi By Joyce Hooi joyceh@sph.com.sg Motoki ozaki knowsYEN MENG JIIN - 2,267 words
-
-
COMPANY NEWS
-
394 2012-12-08 12 Kenneth Lim - First interim dividend after it was wound up By Kenneth Lim kenlim@sph.com.sg Singapore IT MAY not be all that they wished for this Christmas, but unsecured creditors of MF Global Singapore will get 15 cents to the dollar in394 words
-
Article, Illustration405 2012-12-08 12 Lee Meixian - By Lee Meixian leemx@sph.com.sg Singapore SHARE prices of Etika International Holdings jumped yesterday after Thursday’s announcement that popiah company Tee Yih Jia Food Manufacturing (TYJ Group) plans to invest $14.99 million by taking up new shares in the condensed milk producer. After liftingSource: Bloomberg - 405 words
-
384 2012-12-08 12 Cai Haoxiang - By Cai Haoxiang haoxiang@sph.com.sg Singapore SHARES in China Minzhong Food Corp rallied 5 per cent, or 3.5 cents, to 78.5 cents yesterday after the company disclosed details of a block trade that had caused a share price plunge on Thursday. Its chief384 words
-
Article, Illustration996 2012-12-08 13 R Sivanithy - STOCKS R Sivanithy sivan@sph.com.sg Senior Correspondent OLAM International quite understandably hogged the headlines this week because of its war of words with financial research firm Muddy Waters. Perhaps what went unnoticed amid the furore was that the Straits Times Index996 words
-
Article, Illustration370 2012-12-08 13 Bloomberg Sydney/Kuala Lumpur HIGH-frequency trading should be regulated under a global standard to reduce risk and ensure investor confidence, according to Australia’s securities regulator. “Having global rules that can be picked up by local jurisdictions are absolutely critical now that we’re facing thisBloomberg; PHOTO: BLOOMBERG - 370 words
-
486 2012-12-08 14 Lynn Kan - US$434m order from Temasek-linked Oro Negro pushes the group’s 201 2 order tally to almost $1 1 b By Lynn Kan lynnkan@sph.com.sg Singapore A MEXICAN oilfield-services company linked to Temasek Holdings has placed an order for two jack-up rigs worth US$434 million486 words
-
257 2012-12-08 14 Joyce Hooi - By Joyce Hooi joyceh@sph.com.sg Singapore IN AN attempt to woo the staunch non-subscribers of cable television, StarHub has launched Anytime TV, a pay-as-you-watch service. But this service is only available to StarHub’s home broadband subscribers who do not currently have a StarHub257 words
-
Business briefing
-
Article60 2012-12-08 14 SC GLOBAL chairman and CEO Simon Cheong has acquired an additional 1.7 million shares in the company, pushing the stakes of his, and persons acting in concert with him, to 58.58 per cent. He needs to buy a further stake of about 13 per cent60 words
-
Article50 2012-12-08 14 A S IA SO N S WF G F i n a n c i a l changed its name to ISR Capital yesterday, after getting shareholders’ approval at an extraordinary general meeting. The trading counter name on the SGX will be changed on Tuesday.50 words
-
Article34 2012-12-08 14 ALL of Kori Holdings’s 28.2 million placement shares, which were priced at $0.25, have been subscribed for. The placement comprises 25.6 million new shares and 2.6 million vendor shares.34 words
-
-
234 2012-12-08 14 Carine Lee - By Carine Lee carinel@sph.com.sg Singapore WEE Hur Holdings yesterday said its construction arm, Wee Hur Construction, has been awarded the $150 million building construction contract for the Parc Centros condominium in Punggol. Parc Centros is a 65 per centowned joint venture project under234 words
-
509 2012-12-08 15 DBS, OCBC and UOB all end the week on a positive note Singapore SINGAPORE’S banks continued rising on the stock market yesterday, defying mixed forecasts from analysts on their performance next year. OCBC Investment Research had reiterated its “overweight” call on the banking sector,509 words
-
Article, Illustration596 2012-12-08 15 Reuters Hong Kong SHARES in Chinese state-owned insurer PICC Group surged nearly 7 per cent in its Hong Kong trading debut yesterday, a rare bright spot in an otherwise dismal year for initial public offerings in the city and most other big regionalReuters; PHOTO: AFP - 596 words
-
-
Page 12 Advertisements
-
Advertisement57 2012-12-08 12 Bayer is looking for a Key Account Manager Terasaki Electric Co. has positions open for Senior Sales Engineers Andritz Singapore has a vacancy for the position of Marketing Executive (Sales Support) Gulf Marine is recruiting a Technical Engineer Tradewinds Corporation Berhad is hiring a Director, Project Management Check out more57 words
-
-
Page 14 Advertisements
-
Advertisement19 2012-12-08 14 YOUR FAVOURITERACE ISBACK! 14KMROUTE,9URBANOBSTACLES, 1HELLUVACHALLENGE 3 MAR 2013 (SUN) 7AM NICOLL HIGHWAY »i HUUThEOB 10&4)2%25&4)22$ SIGNUPNOW! MOREDETAILSINTHISISSUEOF MEN’SHEALTHAND MENSHEALTH.COM.SG19 words
-
-
Page 15 Advertisements
-
Advertisement356 2012-12-08 15 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SEACALYPSO PTE. LTD. (In Members'Voluntary Liquidation) Co. Registration No. *****2613E NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap.50, the Final Meeting of the abovenamed company356 words
-
-
FROM THE DESK OF
-
Article, Illustration1123 2012-12-08 16 Jeremy Lee - However, migration to IP-based video technologies must be looked at carefully in the context of a client’s overall physical security needs Jeremy Lee Regional Manager, SE Asia Taiwan, Moog VIDEO surveillance and security have moved to the forefront globally as a strategic tool in1,123 words
-
-
SINGAPORE NEWS
-
Article, Illustration352 2012-12-08 17 Teo Hoong Chen - The facility will have warehouse and office space that will help customers integrate front and back-end operations By Teo Hoong Chen teohgcn@sph.com.sg YCH Group yesterday broke ground for its $200 million logistics hub in Jurong West. Called Supply Chain City, the facility will be352 words
-
341 2012-12-08 17 Mindy Tan - By Mindy Tan tanmindy@sph.com.sg PRICES of resale non-landed private homes continued to climb, hitting a record $1,222 per square foot (psf) on average in the first two months of the fourth quarter. This was on the back of an improved performance from341 words
-
239 2012-12-08 17 COMMERCIAL spending in Singapore grew by nearly a quarter last year, according to a Visa report. That was almost twice the global rate. The annual Commercial Consumption Expenditure Index compiled by Visa estimated that Singapore’s commercial spending in 2011 was 23239 words
-
Article, Illustration429 2012-12-08 18 Zeinab Yusuf Saiwalla - First national conversation with business fraternity draws attention to need for good values By Zeinab Yusuf Saiwalla zeinabs@sph.com.sg A FOCUS on soft skills and values could help improve the business environment here, according to representatives from small and medium-sized enterprises (SMEs) gathered at the429 words
-
360 2012-12-08 18 Chng See Ning - By Chng See Ning cszening@sph.com.sg WHILE the low appetite for risk is becoming less of an issue for start-ups in Singapore, the lack of international networks among entrepreneur hopefuls remains a problem. This was the view of a panel of speakers at a public forum360 words
-
Article, Illustration164 2012-12-08 18 STARTING tomorrow, parents doing their Sunday banking at the OCBC branch in Ang Mo Kio Central can bring the young ones along, knowing they will be kept occupied. The bank has spent $18,000 on an interactive Mighty Saver savings game that is projected on164 words
-
Briefing
-
133 2012-12-08 18 THE Lee Kuan Yew Fund for Bilingualism is committing about $1.6 million over the next two years to support 10 proposals that will develop more teaching and learning resources in English and Mother Tongue Languages with the aim of promoting bilingualism among pre-school children.133 words
-
82 2012-12-08 18 CHANGI Airport Group (CAG) chief executive Lee Seow Hiang has been conferred the Commendatore dell’Ordine della Stella d’Italia (Commander of the Order of the Star of Italy), making him the first Singaporean recipient of the award. CAG, through its subsidiary Changi Airports International,82 words
-
81 2012-12-08 18 PSA International (PSA) and Busan Port Authority signed a Memorandum of Understanding yesterday to mark a long-term strategic partnership. Both parties have agreed to the bilateral exchange of information and ideas in port development, management and operations to realise mutual benefits in81 words
-
-
-
WORLD
-
Article, Illustration741 2012-12-08 19 Neeta Lal - Arguments in favour of the reform measure for retail business ‘far more persuasive than those against it’ By Neeta Lal btworld@sph.com.sg New Delhi AMID high-octane political theatre, the Congress-led coalition won the vote in the Upper House of Parliament yesterday to allowPHOTO: AP - 741 words
-
315 2012-12-08 19 Bloomberg London BUMI plc, the London-listed coal company founded by Nathaniel Rothschild and the Bakrie Group in 2010, said Indra Bakrie had quit as its co-chairman after his family-run group proposed leaving the venture in October. Mr Bakrie told Bumi in a letter he’sBloomberg - 315 words
-
661 2012-12-08 20 But showroom traffic, orders begin to rebound as Toyota, Nissan and others offer discounts, guarantees Bloomberg Shanghai THREE months after a territorial dispute led rioters to vandalise Japanese cars in China, carmakers from Toyota Motor Corp to Nissan Motor Co are luring back buyersBloomberg - 661 words
-
Article, Illustration366 2012-12-08 20 Bloomberg Kuala Lumpur MAHATHIR Mohamad, the former Malaysian prime minister who led the creation of Proton Holdings Bhd three decades ago, has signalled that the carmaker plans to buy engine assets from Petroliam Nasional Bhd (Petronas). “We are looking and I think weBloomberg; PHOTO: BLOOMBERG - 366 words
-
684 2012-12-08 21 No deal in sight over Beijing’s refusal to give US regulators access to audit records Reuters New York A DISPUTE between US and Chinese regulators over access to corporate audit documents is casting a lengthening shadow over US stock markets, with some majorReuters - 684 words
-
Article, Illustration435 2012-12-08 21 AFP Mumbai THE outgoing head of the Tata business empire yesterday warned that a lack of government support was preventing Indian industry from competing with China and lashed out at a “venal” business environment. In interviews published ahead of his retirementAFP; PHOTO: AP - 435 words
-
340 2012-12-08 21 Drop is sharper than expected; demand from Europe is poor Reuters Kuala Lumpur MALAYSIA’S exports fell a sharp-er-than-expected 3.2 per cent on year in October as demand for commodities remained weak in China and Japan while Europe showed little signs ofReuters - 340 words
-
757 2012-12-08 22 CNOOC is seeking to acquire Nexen while Petronas has offered to buy Progress Energy Bloomberg Hong Kong THE fate of two of the biggest energy takeovers by Asian companies this year could be decided early next week, when Canada’s government may ruleBloomberg - 757 words
-
Article, Illustration487 2012-12-08 22 First active cabinet member to be named as graft suspect AP Jakarta THE sports minister of Indonesia resigned yesterday after becoming the country’s first active cabinet member to be named as a suspect in a multi-million-dollar corruption case. Youth and Sports Minister AndiAP; PHOTO: AP - 487 words
-
-
Page 19 Advertisements
-
Advertisement77 2012-12-08 19 SUPER SENTOSA COVE 8000 sqft. Full seaview Bay view. Design by renewed Interior Designer MARINA BAY ***** sqft. One only! Full seaview Bay view. Best of the world #60 up SENTOSA VICINITY ***** sqft. Best of best, fantastic layout. Full seaview, 270° unblocked. Facing golf club, Sentosa Island ORCHARD RES77 words
-
-
Page 20 Advertisements
-
Advertisement27 2012-12-08 20 www.omy.sg •I >7% t I m ftc, r' r ifrjVrw IT @Orc' V GOT A PHOTO OR VIDEO? SHOW US GET REWARDED! Contest ends:16 Dec Details gosocial.omy.sg27 words
-
-
Article8146 2012-12-08 23 Transaction date: Dec 7 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 14.3 11.4 8Telecom 12 12.5 18 66.8 0.4 2.9 57.5 6 3 A-Sonic 3.3 -0.1 15 3.3 3.3 3.3 3.5 3.9 23.68,146 words
-
Article1808 2012-12-08 26 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 12.2 t 800 Super 18.8 -0.4 351 19.2 18.8 18.8 19.3 3.3 5.3 5.6 33.6 4 3 t AA Grp 3.1 2.6 3.8 31,808 words
-
Article186 2012-12-08 26 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 5 2 0 0 0 10 5 2 Manufacturing 64 34 42 5 9 11 69 43 53 Commerce 28 21 15 2 3 4 30 24 19 Tpt/Stor/Comms 24 8 10186 words
-
Article789 2012-12-08 26 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Dec 3 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) SC Global Dev 6-Dec-12 Cheong Sae Peng Buy ***** 1.80 5358 1.29 ***** 4.39 Cambridge Ind Trust789 words
-
Article121 2012-12-08 26 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 24,095 24,095 104,762 104,762 Manufacturing 367,850 58,593 426,443 240,602 779 241,381 Commerce 224,165 19,213 243,378 123,490 849 124,338 Tpt/Stor/Comms 149,899 16,042 165,941 274,254 5,028 279,282 Finance 33,471 415 33,886 228,056 164 228,221 Construction 57,922 103,971121 words
-
MARKETS
-
Article79 2012-12-08 27 Dec 6 COCOA (£/tonne) Close Prev High/Low Dec 12 1620 1588 1623/1592 Mar 13 1547 1540 1549/1533 May 13 1552 1545 1554/1539 Jul 13 1557 1550 1559/1543 COFFEE(US$/tonne) Close Prev High/Low Jan 13 1905 1881 1908/1882 Mar 13 1911 1886 1915/1889 May 13 1923 1899 1926/1905 Jul 13 193579 words
-
Article67 2012-12-08 27 Dec 7 GOLD(US$/oz) Dec 06 Dec 07 Hong Kong 1703.00 1712.40 Dec 05 Dec 06 London 1687.36 1700.43 1688.13 1701.29 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 40.69 40.05 Source: UOB PLATINUM /Lon (US$/oz) Dec 06 Close Previous PM Fix 1582.00 1587.00 AM Fix 1580.00 1592.00 Source:67 words
-
Article57 2012-12-08 27 Dec 7 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 12 2110.0 2115.0 2118.0 2110.0 7 2729 Jan 13 2220.0 2215.0 2250.0 2208.0 1849 ***** Feb 13 2300.0 2295.0 2342.0 2283.0 ***** ***** Mar 13 2354.0 2354.057 words
-
Article90 2012-12-08 27 Dec 7 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 07-Mar-13 0.24 0.20 0.20 6-Month BS*****T 30-May-13 0.26 1-Year BY*****X 01-Nov-13 0.27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14 101.99 102.04 102.04 5-Year90 words
-
Article154 2012-12-08 27 Dec 7 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2792 1.2799 1.0478 1.0482 Canadian dollar 1.2309 1.2316 1.0087 1.0083 Euro 1.5795 1.5799 1.2938 1.2939 NZ dollar 1.0155 1.0161 0.8318 0.8322 Sterling pound 1.9583 1.9590 1.6041 1.6044154 words
-
Article, Illustration95 2012-12-08 27 As on 6 December 2012 www.smx.com.sg www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT FEB2013 1704.10 1687.80 1701.70 INDIA GOLD (E-GOLD) FUT FEB2013 570.85 565.75 575.15 CURRENCY EUR-USD FUT DEC2012 1.3083 1.2955 1.2959 BASE METAL COPPER FUT MAR2013 8107 8083 8034 INDEX IRON ORE (MBIO)95 words
-
Article103 2012-12-08 27 Dec 6 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Jan 13 1491.25 1479.25 1492.50 1473.25 Mar 13 1486.00 1473.75 1487.50 1467.50 May 13 1463.75 1450.75 1465.25 1445.00 Jul 13 1451.50 1439.50 1453.00 1433.00 SOYBEAN/OIL(60,000 lbs; USc/lb) Close Previous High/Low Dec 12 50.87 50.66 51.00 50.00103 words
-
Article68 2012-12-08 27 Dec 06 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 106.51 -1.83 WTI (Near Mth) 86.32 -1.58 Dubai (1-Mth F) 104.97 -1.16 Tapis blend 114.24 -1.46 Minas 107.52 -1.46 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.72 unch Jet Kerosene 125.93 unch US$/barrel OpecOil Basket Price 105.6468 words
-
Article118 2012-12-08 27 Dec 07 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.309 1.247 Can dollar 1.26 1.2 Euro 1.62 1.543 Sterling pound 1.996 1.92 NZ dollar 1.049 0.99 US dollar 1.245 1.186 Local dollars to 100 units of foreign currency: Currencies Sell118 words
-
Article69 2012-12-08 27 Dec 6 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2089.75 2106.25 3 months 2090.00 2105.00 Copper, Grade A (US$/tonne) Cash 7978.75 8054.00 3 months 8000.00 8075.00 Lead (US$/tonne) Cash 2202.50 2230.00 3 months 2214.50 2239.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
-
373 2012-12-08 27 In local curr In S$ In US$ dy yr dy yr dy yr Dec 6 Index Change Change Change Change Change Change World Preliminary 923.6 0.3 11.3 0.4 5.0 0.3 11.5 EAFE Preliminary 757.0 0.5 11.0 0.4 4.6 0.2 11.1 Europe Preliminary 1143.3 0.5 11.4373 words
-
Article, Illustration107 2012-12-08 27 Straits Times Index YTD change: +17.41% 52-week high: 3,110.86 on Oct 5,2012 52-week low: 2,606.52 on Dec 20,2011 Source: Bloomberg Hang Seng Index YTD change: +20.38% 52-week high: 22,371.40 on Dec 7,2012 52-week low: 17,821.52 on Dec 19,2011 Source: Bloomberg Shanghai Stock Exchange Composite YTD change: -6.26% 52-weekSource: Bloomberg - 107 words
-
-
PERSPECTIVE
-
Article, Illustration917 2012-12-08 28 / 29 Darren Fifield - A good way to reach out to consumers is e-mail, the original social media. Also, be sure to capitalise on the ability of social networks. By Darren Fifield By Darren Fifield THE holiday season is traditionally the best time of the year forPHOTO: LIM YAOHUI/ THE STRAITS TIMES - 917 words
-
900 2012-12-08 28 / 29 Edward Davey - By Edward Davey ~The writer is the UK’s Secretary of State for Energy and Climate Change and a Member of Parliament AS things stand, the world is plainly not on track to keep the global temperature increase from climate change below two degrees900 words
-
-
Wealth
-
WEALTH INVESTING
-
Article, Illustration1103 2012-12-08 30 / 31 Genevieve Cua - Analysts say while they have performed well, investors should not expect a similar trajectory next year Genevieve Cua gen@sph.com.sg Personal Finance Editor REALestateinvestmenttrusts (Reits) appear to have hit a sweet spot this year as persistent negative real interest rates drove investors into stable,PHOTOS: YTL STARHILL GLOBAL REIT MANAGEMENT, TIM GIBSON - 1,103 words
-
Article675 2012-12-08 30 / 31 Kenneth Lim - Compiled by Kenneth Lim Sembcorp Marine Neutral DMG Partners Dec 7 Close: S$4.51| SEMBCORP Marine’s (SMM) PPL Shipyard has secured turnkey contracts from Integradora de Servicios Petroleros Oro Negro (Oro Negro) for two jackup rigs valued at US$434 million. The pair of rigs will be built based on675 words
-
Article, Illustration1325 2012-12-08 32 BJ Ooi; Dave Loh - As the year draws to a close, it’s time to know what tax reliefs are available and what deductions you can claim BJ Ooi Dave Loh ~BJ Ooi is partner and head of Private Client Services and Dave Loh is director at KPMG inFILE PHOTO - 1,325 words
-
Article, Illustration1497 2012-12-08 33 Teh Hooi Ling - If a business grows too fast, investors should look at how much investments are required and the real cash generated SHOW ME THE MONEY Teh Hooi Ling hooiling@sph.com.sg Senior Correspondent WHEN is growth desirable in a company? Much depends on the investments required to generate thatSource: - 1,497 words
-
-
WEALTH REAL ESTATE
-
Article, Illustration933 2012-12-08 34 Bank vows to tackle problem loans in a more industrialised fashion than before Bloomberg Dublin ALLIED Irish Banks plc, recipient of a 21 billion euro (S$33 billion) government bailout, will step up the pace of mortgage write-offs next year before it tries to attractBloomberg; PHOTO: BLOOMBERG - 933 words
-
Article226 2012-12-08 34 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN NOV 7 AND NOV 13, 2012 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 4 NON-LANDED Harbour View Twr Apt 07/11/2012 99 1615 1870 1158 District 10 NON-LANDED Astrid Meadows Apt226 words
-
Article, Illustration742 2012-12-08 35 Kalpana Rashiwala - One floor at Samsung Hub on Church Street sold at $3,000 psf, a new high for the building By Kalpana Rashiwala kalpana@sph.com.sg Singapore AN office floor at Samsung Hub along Church Street has been sold for nearly $39.4 million or $3,000 per square foot based742 words
-
342 2012-12-08 35 Reuters Tokyo JAPAN real estate asset manager Kenedix Inc has brought in state-owned lender Development Bank of Japan and developer Tokyu Land Corp as partners to develop a property in central Tokyo at a cost of 80 billion yen (S$1.2 billion). Development BankReuters - 342 words
-
338 2012-12-08 35 Bloomberg Berlin THE German government is close to selling its TLG Immobilien GmbH real estate unit to Lone Star Funds, three people with knowledge of the plan said. It would be the country’s biggest commercial property transaction this year. TheBloomberg - 338 words
-
-
-
Page 36 Advertisements
-
Advertisement27 2012-12-08 36 Published and printed by Singapore Press Holdings Limited. Co. Regn. No. *****2868E. A member of Audit Bureau of Circulations Singapore. Customer Service (Circulation): 6388-3838, circs@sph.com.sg, Fax 6746-1925.27 words
-
-
Page 1 Advertisements
-
Advertisement64 2012-12-08 1 STYLE A change of season L5 DINING Sweet on an indie Christmas L6-9 LivingBTTHE BUSINESS TIMES WEEKEND DECEMBER 8 9 2012 CEOS' HAWKER CHOICES 2012 Slurp-worthy gravy L10-12 GOING PLACES Singapore designers make their mark L2-4 SPOTTED NYONYA COLLECTION/PHOTO BY HANS TAN STUDIO GADGETS Screens to stuff stockings with L1464 words
-
-
BT LIVING
-
DESIGN
-
Article, Illustration631 2012-12-08 2 / 3 Tay Suan Chiang - Design of the Year award winner Chan Wai Lim is among a growing group of creative Singaporeans who have stamped their mark on products sold around the world. By Tay Suan Chiang By Tay Suan Chiang DID you buy a Dell desktop recently? Was it not so muchPHOTO: YEN MENG JIIN - 631 words
-
Article, Illustration728 2012-12-08 2 / 3 Tay Suan Chiang - By Tay Suan Chiang LEGENDARY footballers may start their careers in countries like Brazil or Spain, but when it comes to their shoes, they look to Singapore and specifically, Sonny Lim. Before his current post as senior design consultant for Philips Electronics, Mr Lim literally kickstartedPHOTO: YEN MENG JIIN - 728 words
-
Article, Illustration790 2012-12-08 2 / 3 Tay Suan Chiang - By Tay Suan Chiang The Dell All-in-One Desktop PC Family and the Pele Sports Trinity 3E are not the only award winning products designed by Singaporeans. Here are some other items: Buddy’s Mighty Pack $189, available at www.myawesomebuddy.com Designer Keith Tan was shopping for a school bag for790 words
-
Article, Illustration972 2012-12-08 4 Tay Suan Chiang - Four people clinch Designer of the Year honours at this year’s President’s Design Award, while nine projects/products get Design of the Year recognition. By Tay Suan Chiang By Tay Suan Chiang taysc@sph.com.sg THERE’s always a buzz of excitement in the air for the design industry whenever December972 words
-
-
STYLE
-
Article, Illustration1085 2012-12-08 5 Tay Suan Chiang - After eight years, Sven Tan left his job as principal designer of alldressedup to set up his own fashion label. Tay Suan Chiang catches up with the former Mercedes-Benz Asia Fashion Award winner Tay Suan Chiang taysc@sph.com.sg AS the principal designer for fashion label alldressedup, SvenPHOTO: YEN MENG JIIN - 1,085 words
-
-
DINING
-
Article, Illustration1720 2012-12-08 6 / 7 Debbie Yong, Jaime Ee - It’s the most wonderful time of the year for sweets and savouries. So whether you are looking for something artisanal from an indie bakery or a Christmas table spread with a difference, Debbie Yong and Jaime Ee have the lowdown Debbie Yong, Jaime Ee debyong@sph.com.sgPATISSERIE G AND ET ARTISAN PHOTOS: ARTHUR LEE; 5PR MKT PH0T0S VEN MEMQ JIIN - 1,720 words
-
Article, Illustration1121 2012-12-08 8 / 9 Jaime Ee - Is pork the new turkey? Give your home Christmas dinner a fresh twist with some less conventional savoury items By Jaime Ee jaime@sph.com.sg Saint Pierre #01-01 Central Mall, 3 Magazine Road Z6438-0887 Chef-owner Emmanuel Stroobant slow cooks pork belly to a juicy moist (and yes decadently fatty)1,121 words
-
Article, Illustration1368 2012-12-08 13 In town for the official opening of Resorts World Singapore, Joël Robuchon gives Debbie Yong an update on his restaurant business here and talks about the Michelin Guide’s rumoured Singapore edition guest chef debyong@sph.com.sg GIVEN the high failure rate in the restaurant business and the1,368 words
-
-
CEOS' HAWKER CHOICES 2012
-
Article, Illustration2401 2012-12-08 10 / 11 Tay Suan Chiang; Debbie Yong; Dylan Tan; Geoffrey Eu; Geoffrey Eu - Made famous by Katong and popular all over Singapore, nonya laksa has a strong following among foodies who enjoy a bit of spice in their life. Slurping its thick gravy can get messy. It is a dirty job but somebody has to do it. Here are the topALL PHOTOS BY YEN MENG JIIN; PHOTOS: YEN MENG JIIN - 2,401 words
-
Article, Illustration511 2012-12-08 12 Geoffrey Eu - By Geoffrey Eu btnews@sph.com.sg Florence Ng Founder, Straits Talent WHEN it comes to lasting culinary relationships, laksa and Florence Ng go back a long way. Their story began in the early 1990s when Ms Ng, a member of the windsurfing fraternity at the East Coast SailingPHOTO: YEN MENG JIIN - 511 words
-
-
GADGETS
-
Article, Illustration720 2012-12-08 14 Christopher Lim - Phones and tablets are the most obvious tech gadgets to buy for Christmas, and appeal to both men and women. Christopher Lim picks the best of this year’s crop current in stores Christopher Lim limchris@sph.com.sg Top phone: Apple iPhone 5 $948 (16GB)-$1,238 (64GB) without720 words
-
-
HEALTH
-
Article, Illustration1064 2012-12-08 15 Michael Lim - Most people associate heart disease with the elderly but a heart condition can strike at any age. By Michael Lim By Michael Lim ~Dr Lim is medical director at the Singapore Heart, Stroke Cancer Centre. He is also editor-in-chief, Heart Asia (a journal of the British MedicalAP - 1,064 words
-
-
SPORTS
-
Article, Illustration655 2012-12-08 16 Lee U-Wen - no holds barred Lee U-Wen leeuwen@sph.com.sg Correspondent AFTER a weekend when he witnessed his team concede three poor goals in the space of 15 minutes against a very average Reading side, lex Ferguson said his players were defending like comical cartoon characters. The 70-year-oldPHOTO: AFP - 655 words
-
555 2012-12-08 16 steve dawson - kick off with steve dawson ~The writer is a presenter on ESPN SportsCenter every weekday. The Philippines vs Singapore AFF Suzuki Cup semi-final will be telecast ‘live’ on STAR Sports from 7.30pm tonight JUST before the last Fifa World Cup in 2010, I555 words
-
-
GOLF
-
Article, Illustration1269 2012-12-08 17 Justine Moss - This year, the Mission Hills World Celebrity Pro-am again featured top professionals and personalities, and resonated strongly with participants. By Justine Moss By Justine Moss btnews@sph.com.sg TEAMING up golf professionals and amateurs in a pro-am the day before professional golf tournaments is nothing newPHOTO: THE POWER OF SPORT; PHOTOS: MIAO HUA - 1,269 words
-
-
MOTORING
-
Article, Illustration546 2012-12-08 18 Samuel Ee - Big or small, sporty or luxurious, from Jan 1, there should be a diesel alternative for each of these segments. Samuel Ee drives three such models Samuel Ee samuelee@sph.com.sg GOOD news for those who want to take advantage of the lower special tax for diesel cars the Porsche546 words
-
Article, Illustration582 2012-12-08 19 IN the Singapore context, luxury and diesel are two words that are rarely used in the same sentence. But if anyone can change that, it has to be Range Rover. The new Range Rover SDV8 has a 4.4-li-tre V8 turbodiesel that is EU5-compliant and particularly efficient.582 words
-
Article, Illustration544 2012-12-08 20 Samuel Ee - The Renault Grand Scenic MPV's 1.5-litre turbodiesel engine is small but strong. By Samuel Ee samuelee@sph.com.sg BY now, everyone should know how good the European brands are at downsizing engines while upsizing power. But for even more gains in fuel economy, please welcome the small turbodiesel544 words
-
-
-
Page 8 / 9 Advertisements
-
Advertisement832 2012-12-08 8 / 9 wine&dine with BTWeekend Peach Blossoms Level 5, Marina Mandarin Singapore 6 Raffles BoulevardZ 6845 1118 Luscious Lobster Fare Dec 1 to 23 Dec 26 to 29, 2012 Peach Blossoms ushers in this festive season with a sensational lobster feast. Be spoilt for choice over the plethora of lobster dishes creatively832 words
-
-
Page 10 / 11 Advertisements
-
Advertisement93 2012-12-08 10 / 11 INTERNATIONALLY KNOWN LOCALLY LOVED n Knight Frank Knight Frank’s Investment Team provides services encompassing land/redevelopment sites for sale, building sales for different asset classes and strata sales for strata retail, offices and shophouses. Our dedicated and experienced team of professionals are well placed to guide you through the investment decision-making93 words
-
-
Page 14 Advertisements
-
Advertisement26 2012-12-08 14 HOME NEEDS A Rid your home of unwelcome guests. To find out more, turn to CLASS 116 in CATS Classified in The Straits Times now. WATS26 words
-