The Business Times, 15 January 2013
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2013-01-15
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The Business Times
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Title Section25 2013-01-15 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Tuesday, January 15, 201325 words
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Article, Illustration1050 2013-01-15 1 MINDY TAN - Property counters retreat as sector comes to terms with latest set of cooling measures By MINDY TAN [SINGAPORE] In what could be the first rumblings of a long-raging storm, property counters fell while analysts predicted that private home sales would drop andSource: Bloomberg, Credit Suisse - 1,050 words
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MARKETS DIGEST
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Article65 2013-01-15 1 HST INDEX 3,206.59 (-9.91) HST INDEX FUTURES 3,206.00 (-10.00) HSIMSCI 362.22 (-2.77) HSIMSCI FUTURES 326.60 (-2.60) US$ S$ US$ (S$ per US$) 1.227 (US$/S$ per 1.612 1.977 EURO (US$/S$/€) 1.336 1.638 Foreign currency per US$ S$ YEN 89.30 72.80 RM 3.018 2.460 HK$ 7.753 6.320 BAHT 30.28 24.68 RUPIAH65 words
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Article47 2013-01-15 1 Monday Change KL COMP 1,684.63 +1.93 NIKKEI 225 Closed HANG SENG 23,413.26 +149.19 SET INDEX 1,425.07 +13.01 JAKARTA COMP 4,382.50 +76.59 MANILA COMP 6,093.90 +42.15 SEOUL COMP 2,007.04 +10.37 SHENZHEN B 756.16 +20.77 MUMBAI IND 19,906.41 +242.77 11am EST Change DOW 13,488.08 -0.27 NASDAQ 3,111.99 -12.4447 words
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Article23 2013-01-15 1 SINGAPORE 5.38 MALAYSIA 6.55 HONGKONG 5.00 INDONESIA 14.300 KOREA 5 036 JAPAN 1.475 KOREA 9 33 INDIA 0.50 Bloomberg Source: Bloomberg23 words
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826 2013-01-15 1 NEIL BEHRMANN - Yields unsustainably low, but markets have not factored in this possibility By in NEIL BEHRMANN in London GLOBAL equity and commodity markets are currently not factoring in the implications of an unexpected steep rise in global bond yields. The consensus assumption is826 words
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Advertisement76 2013-01-15 1 PRODUCTIVITY MATTERS Tackling manpower challenge in landscape sector PAGE 13 CASH DEAL Swatch to buy Harry Winston for US$750m PAGE 20 COMPANIES Talk surfaces of new suitor in F&N courtship PAGE 4 SME Inc Detecting heart problems early PAGE 11 **********04 PATEK PHILIPPE GENEVE Begin your own tradition. THE HOURGLASS76 words
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TOP STORIES
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749 2013-01-15 2 SIOW LI SEN - Analysts say MAS may make housing loans more expensive for banks if latest measures don’t work By SIOW LI SEN [SINGAPORE] Mortgage loans may drop sharply this year, in the wake of the latest property cooling measures, says DBS chief executive Piyush Gupta.749 words
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Article, Illustration511 2013-01-15 2 ZEINAB YUSUF SAIWALLA - Developers expected to work around cooling measures By ZEINAB YUSUF SAIWALLA [SINGAPORE] A number of developers appear to be standing their ground on the dates of their property launches and the prices for their recently launched or soon-to-be launched projects. A straw pollPHOTO: DESMOND LIM/THE STRAITS TIMES - 511 words
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Article423 2013-01-15 2 Home sales will fall, even prices may slide IN what could be the first rumblings of a long-raging storm, property counters fell while analysts predicted that private home sales would drop and even prices may dip. Some expect property stocks to fall by up to 15 per cent423 words
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388 2013-01-15 2 ONG CHOR HAO - Spillover likely as latest measures hit residences hardest By ONG CHOR HAO [SINGAPORE] The commercial property sector could benefit from the latest cooling measures, analysts believe, as investors look for alternative places to park their money. The residential market bore the brunt of388 words
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450 2013-01-15 2 ONG CHOR HAO - Analysts expect rental demand for HDB flats to be firm By ONG CHOR HAO [SINGAPORE] Private property rentals are likely to remain stable as the latest property cooling measures take effect, analysts have said. The pool of potential buyers may be shrunken by measures450 words
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Article, Illustration363 2013-01-15 2 ANDY MUKHERJEE - REUTERS BREAKINGVIEWS By ANDY MUKHERJEE ASIA’S economic policy makers have a new worry: the cheap yen. Singapore unveiled higher stamp duties and new property lending limits on the same day that Japanese Prime Minister Shinzo Abe launched his US$117 billion fiscal stimulus programme. The timing may363 words
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588 2013-01-15 3 TEH SHI NING - Govt has made clear that it will trade off economic growth for social priorities By TEH SHI NING [SINGAPORE] Singapore’s gross domestic product (GDP) growth for this year is likely to come in at the low end of the official588 words
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Article, Illustration645 2013-01-15 3 LEE U-WEN - By LEE U-WEN [SINGAPORE] After deliberating at length as to who its candidate for the upcoming Punggol East by-election should be, the Workers’ Party (WP) eventually decided that familiarity was best. The opposition party sprung a bit of a surprise645 words
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448 2013-01-15 3 JOYCE HOOI - Room to increase quotas for foreign investors 9-10 fold By in JOYCE HOOI in Hong Kong CHINA has room to increase investment quotas for foreign investment in the mainland and is considering expanding its renminbi qualified foreign institutional investor (RQFII) scheme, said Guo Shuqing,448 words
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COMPANY NEWS
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Article, Illustration677 2013-01-15 4 KENNETH LIM - OUE extends offer to Jan 21, as HK-based PAG reported to be building up F&N stake By KENNETH LIM REPORTS of a new player in the Fraser and Neave (F&N) takeover battle fed speculation yesterday as a consortium led by Overseas UnionPHOTO: REUTERS - 677 words
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676 2013-01-15 4 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY THE wheels of bureaucracy that govern market regulation grind slowly but at least they grind in the right direction. After a lengthy public consultation, the Singapore Exchange (SGX) last week announced new short-selling rules that should,676 words
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Article, Illustration592 2013-01-15 8 JOYCE HOOI - Tourism, logistics sectors present low-hanging fruit: Yoma’s Serge Pun By in JOYCE HOOI in Hong Kong POLITICAL reforms in Myanmar have had an “astounding degree of success”, Yoma Strategic Holdings’ Serge Pun said at the Asian Financial Forum in Hong Kong yesterday, but economicPHOTO: BLOOMBERG - 592 words
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Article95 2013-01-15 8 COMPANY DATE COMPANY DATE CapitaMall Jan 18 First Ship Lease Trust Jan 21 Keppel Reit Jan 21 K Green Trust Jan 21 Keppel T&T Jan 22 Suntec Reit Jan 22 Ascott Reit Jan 23 CapitaComm Trust Jan 23 First Reit Jan 23 Keppel Land Jan95 words
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348 2013-01-15 8 CARINE LEE - By CARINE LEE CONSTRUCTION group Lian Beng yesterday posted a 36.2 per cent year-on-year decline in earnings for the fiscal half-year ended Nov 30, 2012. Profit attributable to shareholders tumbled to $19.21 million from $30.13 million a year ago, mainly due to348 words
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361 2013-01-15 8 VEN SREENIVASAN - It incorporates heavy machine leasing venture By VEN SREENIVASAN IN a major move towards securing a foothold in the potentially lucrative Myanmar infrastructure market, listed crane specialist Sin Heng Heavy Machinery has incorporated a heavy machinery leasing venture in that country. Sin361 words
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459 2013-01-15 9 CAI HAOXIANG - Lower revenue from newspapers and magazines, exhibitions By CAI HAOXIANG MEDIA group Singapore Press Holdings (SPH) reported a 6.6 per cent fall in net profit to $91.1 million for its financial first quarter ended Nov 30, 2012, from $97.5 million a year459 words
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883 2013-01-15 9 Bloomberg [NEW YORK] Hedge funds are borrowing more to buy equities just as loans by New York Stock Exchange (NYSE) brokers reach the highest in four years, signs of increasing confidence after professional investors trailed the market since 2008. Leverage among managersBloomberg - 883 words
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COMPANY BRIEFS
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68 2013-01-15 9 RENEWABLE Energy Asia (REA) Group will be building a 20-megawatt grid-connected solar farm in China’s Gansu province. The total estimated cost of the investment is 226 million yuan (S$44.1 million), which will be financed via internal resources and borrowings. REA Group plans68 words
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53 2013-01-15 9 MIYOSHI Precision Ltd posted a net loss of $669,000 for its first quarter ended Nov 30, 2012. This was an improvement over the net loss of $3.38 million a year ago. The precision tool maker narrowed its loss with revenue rising to $54.39 million53 words
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52 2013-01-15 9 DUTY Free International Ltd recorded a net profit of RM19.14 million (S$7.66 million) for its third quarter ended Nov 30, 2012, up 15.3 per cent from the previous year. The duty-free retailer grew its revenue 8.6 per cent over the period to52 words
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Article, Illustration433 2013-01-15 9 ANGELA TENG - By ANGELA TENG DESPITE a surge in revenue driven by subsea operations, Ezra Holdings’ net profit fell 49 per cent to US$6.77 million for the first quarter ended Nov 30, 2012, from US$13.3 million a year earlier. Besides lower gross profit margin,433 words
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Advertisement189 2013-01-15 4 mm NANYANG TECHNOLOGICAL UNIVERSITY Nanyang Business School NANYANG EXECUTIVE PROGRAMMES r Expand. Enhance. Excel i Management Development Programme Nanyang Global Strategy. Asian Perspectives. 18 27 Feb 2013 *2-11 Sept 2013 The only constant is change. Stay ahead in this everchanging global business landscape with the Management Development Programme Nanyang. This189 words
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Advertisement878 2013-01-15 5 SINGAPORE PRESS HOLDINGS LIMITED Incorporated in Singapore. Co. Reg. No. *****2868E Unaudited Results for the First Quarter ended November 30, 2012 (Extract) GROUP FINANCIAL HIGHLIGHTS Change i 7 A 1Q 2013 $’000 1Q 2012 $’000 Operating revenue 322,092 332,406 (3.1) Operating profit# 109,371 121,230 (9.8) Net income from investments 3,054878 words
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SINGAPORE MARKETS
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Article, Illustration571 2013-01-15 6 R SIVANITHY - Developers hardest hit, with CityDev down 95¢; analysts see knee-jerk reactions to curbs of 3-10% price dips STOCKS R SIVANITHY Senior Correspondent NOTsurprisingly,propertystockswere the main focus in yesterday’s trading, following the announcement last Friday of a slew of measures aimed at reining in surging prices.Source: Bloomberg - 571 words
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Article73 2013-01-15 6 Jan 14 VALUE CLOSE BT OB/OS 828.00 -214.00 BT CADI -*****.00 -54.00 BT 10-day MA -*****.00 +83.00 FTSE ST Mid Cap 795.75 -7.93 FTSE ST Small Cap 548.08 -1.90 FTSE ST All Share 789.63 -3.42 FTSE ST China Top 228.55 +0.10 FTSE ST China 256.53 +1.12 FTSE73 words
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Article186 2013-01-15 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 7 5 0 0 0 5 7 5 Manufacturing 61 62 32 8 9 9 69 71 41 Commerce 25 31 19 6 2 4 31 33 23 Tpt/Stor/Comms 23 13 11186 words
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Article123 2013-01-15 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 30,135 30,135 63,091 63,091 Manufacturing 721,431 296,773 1,018,204 322,729 4,045 326,774 Commerce 421,891 25,439 447,330 164,112 1,943 166,055 Tpt/Stor/Comms 187,890 14,780 202,670 247,921 4,822 252,743 Finance 83,035 649 83,684 325,142 269 325,411 Construction 317,632 139,625123 words
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Article, Illustration880 2013-01-15 6 CAI HAOXIANG - Compiled by CAI HAOXIANG Singapore banks DBS GROUP RESEARCH, Jan 14 DESPITE several rounds of cooling measures, residential property demand remains firm and prices continue to edge up. The MAS stated that the ABSD and LTV rules are temporary and will be reviewed in future depending on marketSource: Bloomberg - 880 words
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Article113 2013-01-15 6 Stock name Close Change CapMallsAsia 2.190 +0.050 CapitaLand 3.730 -0.160 CapitaMall 2.130 CityDev 11.65 -0.950 ComfortDelGro 1.855 DBS Grp 14.41 -0.290 F&N 9.680 -0.050 GLP 2.700 -0.040 Genting SP 1.465 +0.005 Golden Agri 0.650 +0.010 HK Land 7.580 +0.080 IHH Healthcare 1.400 +0.010 JMH 62.80 +1.900113 words
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719 2013-01-15 6 CURRENCIES Bloomberg [LONDON] The yen yesterday fell to the weakest since June 2010 against the US dollar on bets that Japanese Prime Minister Shinzo Abe will select a central bank chief who will expand monetary easing efforts to accelerate theBloomberg - 719 words
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Article52 2013-01-15 6 VOLUME MDR 253,805,000 New Wave 165,115,000 YHM 139,165,000 MDR W*****5 110,319,000 ElektromotiW*****0 100,001,000 Cedar 92,109,000 HLH Grp 81,391,000 Synear 80,947,000 Aussino 79,422,000 TopGlobal 77,105,000 VALUE($) CapitaLand 154,903,640 DBS Grp 124,521,522 UOB 107,419,213 SingTel 75,607,490 CityDev 64,238,090 Keppel Land 63,872,870 F&N 43,296,050 Yangzijiang 42,100,975 OCBC Bk 41,931,645 SGX52 words
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Article105 2013-01-15 6 BY CENTS CLOSE UP JMH 6280 233.0 3.1 DBXT E50 10US$ 4329 186.4 3.6 DBXT MSEurope 10US$ 4991 122.6 2.0 STXPO 100 660 66.0 11.1 JSH 3620 49.0 1.1 Lyxor China H 10US$ 1571 44.1 2.3 OmegaNav 46 34.8 310.7 DBXT MSINDO 10us$ 1508 25.8 1.4 DairyFarm 1195 23.3105 words
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Article119 2013-01-15 6 BY CENTS CLOSE DOWN CityDev 1165 -95.0 -7.5 UOB.ES.1301 1882 -52.0 -2.7 UOB 1878 -44.0 -2.3 IS S&P500 ***** -40.5 -0.2 DBS.ES.1301 1441 -33.0 -2.2 Jardine C&C 4856 -33.0 -0.7 Keppel Land 397 -31.0 -7.2 DBS Grp 1441 -29.0 -2.0 DBXT FTVietnam 10US$ 2521 -28.2 -0.9 KepLand.ES.1301 401 -23.0119 words
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SINGAPORE NEWS
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Article, Illustration807 2013-01-15 10 MALMINDERJIT SINGH - Survey also shows SMEs expect to see cost of operations increasing this year By MALMINDERJIT SINGH NINE out of 10 small and medium-sized enterprises (SMEs) in Singapore foresee manpower to be the main cause of cost increases in 2013, as nearly a similar proportionST FILE PHOTO - 807 words
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235 2013-01-15 10 TEO SI JIA - WongPartnership bags S-EA adviser of the year award By TEO SI JIA HOMEGROWN law firm WongPartnership has for the third time been named legal adviser of the year for South-east Asia, with its involvement in several high profile merger and acquisition (M&A) transactions last year. It won the title in235 words
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504 2013-01-15 10 ONG CHOR HAO - He says the scheme is ‘wonderful’ and relevant YESTERDAY IN PARLIAMENT By ONG CHOR HAO THE executive condominium (EC) scheme is a “wonderful” one and should continue, as the government addresses prior abuses, Minister for National Development Khaw Boon504 words
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443 2013-01-15 10 LEE U-WEN - Increase sends ‘clear signal’ for employers to restructure By LEE U-WEN THE government is aware of concerns that the increase in foreign worker levies could have an impact on domestic inflation, said Acting Manpower Minister Tan Chuan-Jin yesterday. However, it was also443 words
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326 2013-01-15 10 LEE U-WEN - By LEE U-WEN TRADE and Industry minister Lim Hng Kiang has described Singapore’s target of 2 to 3 per cent productivity growth per annum over this decade as challenging, but not overly ambitious. He gave this assessment in a written parliamentary response to Chua326 words
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375 2013-01-15 10 MALMINDERJIT SINGH - By MALMINDERJIT SINGH THE Institute of Certified Public Accountants of Singapore (ICPAS) will continue to play a critical role in the accountancy sector here, even as industry professionals gear up for changes brought about by a new Bill.375 words
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PARLIAMENT BRIEFS
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67 2013-01-15 10 HALIMAH Yacob, a Member of Parliament for Jurong group representation constituency (GRC), was formally elected as Singapore’s first female Speaker of Parliament at the start of yesterday’s sitting. Moulmein-Kallang GRC MP Denise Phua nominated her, with Holland-Bukit Timah GRC Christopher De Souza seconding the67 words
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58 2013-01-15 10 BILATERAL relations between Singapore and China are unlikely to be affected by last November’s illegal strike by Chinese SMRT bus drivers, said Foreign Affairs Minister K Shanmugam. He added that the drivers involved were being dealt with in accordance with Singapore’s laws, which58 words
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95 2013-01-15 10 LEE U-WEN - Compiled by LEE U-WEN THE law ministry has proposed changes to the laws so that more needy Singaporeans and permanent residents qualify for legal aid and advice. A Bill tabled in Parliament aims to increase the deductibles and reliefs so more people become95 words
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SME Inc
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Article, Illustration1121 2013-01-15 11 LISA-ANN LEE - Mobile ECG device cuts out the guesswork and tells you if you should be worried, reportsLISA-ANN LISA-ANN LEE HOW can you tell whether that twinge of discomfort you feel in your chest after a run comes from stamina issues or from something being not quite rightPHOTO: ARTHUR LEE - 1,121 words
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Article, Illustration1070 2013-01-15 12 SIMRAN GILL, ANG SWEE HOON - Yes, if they’re well done brands should be more mindful nowadays of whom they choose as endorsers COMMENTARY By SIMRAN GILL, ANG SWEE HOON Simran Gill is an honours-year student and Ang Swee Hoon is associate professor in the Department of Marketing atFILE PHOTOS - 1,070 words
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Advertisement65 2013-01-15 11 HAVE an interesting story on an SME to share? Drop us a note on why you think the company should be featured in our weekly SME INC pages, with details, such as how the company has grown and its expansion plans. Send your e-mail to Felda Chay at feldac@sph.com.sg with65 words
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Advertisement89 2013-01-15 12 STPROPERTY.SG WITH Agents get W m S3®* worth of advertising credit too' BUYING OR RENTING A PROPERTY? We'll reward you with $888! Visit www.STProperty.sg/deal2win now for more information. Hurry, you have until 31 March 2013 to be one of our 8 lucky winners! 1 0 0 0 *Terms conditions apply.89 words
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PRODUCTIVITY MATTERS
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Article, Illustration1447 2013-01-15 13 TEH SHI NING - Progress made, but industry says some best practices face constraints here, LANDSCAPE SECTOR reportsTEH TEH SHI NING AS Singapore becomes more built-up, planning for lush, green spaces becomes all the more crucial to provide green relief from high-density urban living. But a skilled and efficient landscape sectorFILE PHOTO - 1,447 words
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Article, Illustration823 2013-01-15 13 TEH SHI NING - Owner of Blooms Greens acted on own initiative without any govt incentive or subsidy to set up a drip irrigation system By TEH SHI NING WHEN landscaping firm director Alan Tan took over Blooms Greens’ four-hectare nursery at Lim Chu Kang three years ago, hePHOTO: ARTHUR LEE - 823 words
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MALAYSIA/INDONESIA
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Article, Illustration843 2013-01-15 14 Unit slips nearly 2% in a week on fear of central bank’s tight grip on rupiah flows Reuters [SINGAPORE] Indonesia’s rupiah spent the latter half of 2012 shielded from speculative strikes and volatility by the country’s central bank. That veneer of stability isReuters; PHOTO: REUTERS - 843 words
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358 2013-01-15 14 It hopes to boost competitiveness, cut record stockpiles Bloomberg [KUALA LUMPUR] Malaysia will allow exports of crude palm oil at zero duty for another month in February as the second-largest producer seeks to reduce record stockpiles and boost competition withBloomberg - 358 words
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307 2013-01-15 14 Bloomberg [JAKARTA] Bumi Plc chairman Samin Tan said he has enough support to stop a bid by Nathaniel Rothschild to remove him and 11 other board members, amid a dispute for control of the coal company. “We areBloomberg - 307 words
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Advertisement117 2013-01-15 14 Ill'" w 9 m 9 9 1 www.stjobs.sg IT Security Manager II I I V.* O o LC 1 IW!? i > 1! > f T ..r-v.t S J aie/ 1 CROSS Get Job alerts Via email with fresh updates of choice job matches. RESUME Get headhunted Post your CV117 words
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GREATER CHINA/INDIA
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Article, Illustration627 2013-01-15 15 Record 6m tonne exports will help offset poor crops in Australia and Russia Reuters [NEW DELHI] India is poised to triple wheat exports this year to a high-er-than-expected, record six million tonnes, helping plug a shortfall in low-er-quality grain supplies and keep aReuters; PHOTO: BLOOMBERG - 627 words
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409 2013-01-15 15 NYT [SHANGHAI] Foxconn Technology, the huge contract electronics manufacturer that makes the Apple iPhone and other popular products, said that it was investigating whether its employees had accepted bribes from supply-chain partners. The company said last week that an internal investigation had uncovered possibleNYT - 409 words
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391 2013-01-15 15 Move signals fresh outlets for US$3.3t stockpile Bloomberg [BEIJING] China’s foreign exchange regulator said that a new unit will use the nation’s US$3.3 trillion in reserves to support Chinese companies expanding abroad, signalling fresh outlets for the world’s largest currency stockpile. TheBloomberg - 391 words
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ECONOMY WATCH
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Article, Illustration700 2013-01-15 16 Workers are cutting back on spending, which will drag on the economy Re uters [WASHINGTON] Americans are beginning to feel the pinch from Washington’s decision to embrace austerity measures aimed at bringing down the nation’s budget deficit. Pay cheques across the countryReuters; PHOTO: AP - 700 words
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301 2013-01-15 16 Expectations rise for central bank rate cut this month to boost slowing economy Reuters [NEW DELHI] India’s headline inflation slowed down to its lowest level in three years, hardening expectations for an interest rate cut by the central bank later this monthReuters - 301 words
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438 2013-01-15 16 JOYCE HOOI - Charles Evans also expects jobless rate to fall to 7% in 2014 By JOYCE HOOI in Hong Kong THE United States’s economy is expected to grow by 2.5 per cent in 2013 and improve to 3.5 per cent growth in 2014, said Chicago438 words
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Advertisement226 2013-01-15 17 The Business Times Subscription rewards Get all these exclusive gifts when you subscribe to the new Business Times All-in-One. 3 d Specially Designed Leather Case that can hold 2 Bottles of Wine V 1 »i H 'in JjVilS $100 Far East Hospitality Hotel Staycation Voucher j $50 Kitchen Language Dining226 words
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WORLD
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Article, Illustration578 2013-01-15 18 It learnt European regulators would have rejected deal in its current form AP [AMSTERDAM] United Parcel Service Inc (UPS) has ditched its US$6.9 billion takeover of TNT Express NV after learning that European regulators would reject the deal in its current form. Though TNTAP; PHOTO: AP - 578 words
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461 2013-01-15 18 AP [LONDON] Industrial output across the 17 European Union countries that use the euro fell in November for the third straight month, official figures showed yesterday, in a further sign that the region will likely remain stuck in recession for the fourth quarterAP - 461 words
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556 2013-01-15 18 News adds to belief firm is losing ground to smartphone rivals Reuters [TOKYO] Apple Inc has cut orders for LCD screens and other parts for the iPhone 5 this quarter due to weak demand, the Nikkei reported yesterday, in a furtherReuters - 556 words
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220 2013-01-15 18 Reuters [PARIS] The growth outlook for most industrialised countries is improving, led by the United States and Britain, while the Chinese and Indian economies have reached positive turning points, the OECD said yesterday. Growth prospects for core eurozone countries France, Germany and Italy as wellReuters - 220 words
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Article, Illustration996 2013-01-15 18 Reuters [BEVERLY HILLS] Iran hostage drama Argo scored a sweet double victory at the Golden Globe awards on Sunday, winning best movie drama the night’s top prize and best director for Ben Affleck on a night that left front-runner Lincoln with justReuters; Photos: AP, AFP - 996 words
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Article, Illustration928 2013-01-15 19 Its importance is being sidelined by regional trade deals such as the TPP Reu ters [GENEVA] As it seeks a new chief to lead it out of a negotiating death-spiral, the World Trade Organization (WTO) looks doomed to be fatally undermined by new global carve-ups thatReuters; PHOTO: BLOOMBERG - 928 words
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318 2013-01-15 19 Govt may establish a national asset mgt company this month Reuters [HANOI] Vietnam may start buying non-performing loans in the first quarter of this year, a state-run newspaper reported yesterday, as deteriorating asset quality threatens to further strain the economy. TheReuters - 318 words
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211 2013-01-15 19 AFP [SEOUL] South Korea’s central bank governor yesterday stressed the need to ease immigration policy and bring more foreign workers to a country whose rapidly ageing population poses a serious economic challenge. Speaking to foreign journalists in Seoul, Kim Choong-Soo saidAFP - 211 words
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Article, Illustration748 2013-01-15 20 This is part of Hollande’s effort to revamp the jobs market Bloomb erg [PARIS] French business leaders and three unions reached an accord that economists say marks the beginning of President Francois Hollande’s effort to revamp the jobs market while falling shortBloomberg - 748 words
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Article, Illustration619 2013-01-15 20 US$750m deal will enable entry into high-end jewellery Reuters [ZURICH] Swatch Group is buying the luxury jewellery arm of Canada’s Harry Winston in a US$750 million cash deal to expand into high-end bracelets, rings and necklaces. “Harry Winston does brilliantly complement the prestige segmentReuters; PHOTO: AP - 619 words
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578 2013-01-15 20 Bloomberg [DUBAI] Dubai is shifting focus to Islamic finance, an industry whose assets may double by 2015, as a drought in initial share sales prompts banks such as Credit Suisse Group AG to cut jobs. The Persian Gulf emirate plans to createBloomberg - 578 words
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305 2013-01-15 20 Reuters [LONDON] British Prime Minister David Cameron yesterday played down the prospect of a near-term referendum on Britain’s membership of the European Union (EU), ahead of a long-awaited speech on the issue he is expected to deliver next week. Mr Cameron says heReuters - 305 words
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291 2013-01-15 20 Bloomberg [BERLIN] Sky Deutschland AG agreed on a US$1 billion financing deal with shareholder News Corp and a group of lenders that allows Rupert Murdoch’s company to increase its stake in the German pay-television unit to 54.5 per cent. SkyBloomberg - 291 words
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392 2013-01-15 21 It is the second global bank to do so after Credit Suisse Bloomberg [DUBAI] Morgan Stanley, the sixthlargest US bank by assets, is following Credit Suisse AG in shifting its Middle East and North Africa (MENA) equities business to Riyadh from Dubai,Bloomberg - 392 words
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Article, Illustration863 2013-01-15 21 They’re channelling financial markets’ recovery to the economy Bloomberg [BERLIN] European leaders, declaring they’ve gained the upper hand in the three-year-old debt crisis, are sharpening efforts to channel a rebound in financial markets to an economic recovery to chip away at soaring unemployment. EvenBloomberg; PHOTO: BLOOMBERG - 863 words
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293 2013-01-15 21 Reu ters [LONDON] Struggling eurozone countries seeking future aid from the region’s rescue fund to prevent their banks collapsing will have to share the cost burden, according to a draft eurozone proposal seen by the Financial Times. Countries asking for help wouldReuters - 293 words
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Article, Illustration461 2013-01-15 22 Reasons such as wrongdoing have been cited, says law firm Reuters [LONDON] The number of financial services staff sacked or suspended in Britain last year for reasons such as wrongdoing reached the highest level in five years, law firm Pinsent Masons saidReuters; PHOTO: REUTERS - 461 words
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191 2013-01-15 22 Reuters [NEW YORK] Goldman Sachs Group Inc is considering delaying bonus payments in the UK until after April 6, when the top rate of income tax in the country will drop to 45 per cent, from 50 per cent, a person familiar with theReuters - 191 words
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Article, Illustration43 2013-01-15 22 [MOSCOW] An art installation of a ‘cloud’ made of balloons during the ‘Art Experiment’ exhibition at the Garage Center for Contemporary Cultures in Moscow’s Gorky Park. The exhibition is sponsored by the British Council and ends next Wednesday.PHOTO: AFP PHOTO: AFPPHOTO: AFP - 43 words
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495 2013-01-15 22 Bloomberg [NEW YORK] JPMorgan Chase Co’s board will consider releasing an internal report this week that faults chief executive Jamie Dimon’s oversight of a division that lost more than US$6.2 billion on botched trades, said two people with knowledge of theBloomberg - 495 words
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558 2013-01-15 22 Less severe impacts on flooding, crops among the benefits Reuters [LONDON] The world could avoid much of the damaging effects of climate change this century if greenhouse gas emissions are curbed more sharply, research showed on Sunday. The study, published in the journalReuters - 558 words
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620 2013-01-15 22 Reuters AFP [TOKYO] More than two thirds of Japanese voters support Prime Minister Shinzo Abe’s cabinet, a media survey published yesterday showed, with many of them praising his efforts to battle deflation and stimulate the economy. Mr Abe took office last monthReuters; AFP - 620 words
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Page 19 Advertisements
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Advertisement2854 2013-01-15 19 K JJ KEONG HONG HOLDINGS LIMITED (Company Registration No. *****7303W) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Fifth Annual General Meeting ("AGM”) of Keong Hong Holdings Limited (the “Company”) will be held at Jurong Country Club, Albizia Room, Level 2,2,854 words
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Page 20 Advertisements
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Advertisement13 2013-01-15 20 WWW omy sg 0 0 a k s J-u m »20i 3 in13 words
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Advertisement29 2013-01-15 20 Oikk A K 1^ kiSS9 I IH MIMF CATCH THE NISSAN KISS 92 KISS MOBILE TUNE IN TO KISS 92 TO FIND OUT WHERE WE’LL BE! kiss92.sg facebook.com/kiss92fm Q@kiss92fm29 words
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Page 21 Advertisements
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Advertisement2303 2013-01-15 21 NAM LEE PRESSED METAL INDUSTRIES LIMITED (Company Registration No. *****0362M) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of NAM LEE PRESSED METAL INDUSTRIES LIMITED (“the Company”) will be held at Ruby Suite, Orchid Country Club, 1 Orchid2,303 words
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Page 22 Advertisements
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Advertisement39 2013-01-15 22 I stw UKA FS RL ln tegrated w/ hotel. Resta dvertisement sh > L "ot actuo, WITH HOTEL Check this out and many other properties in CATS Classified in The Straits Times now! BEATS BUY IT* SELL IT* FIND IT39 words
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AVIATION/SHIPPING
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Article, Illustration312 2013-01-15 23 Construction will begin in 2014, with airport due to open by the end of 2018 AFP [BEIJING] Chinese leaders have given final approval for a long-awaited new international airport here to ease crushing congestion at the existing facility, state media said yesterday. TheAFP; PHOTO: REUTERS - 312 words
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Article, Illustration761 2013-01-15 23 AP [GIGLIO, Italy] Survivors of the Costa Concordia shipwreck and relatives of the 32 people who died marked the first anniversary of the grounding on Sunday with the unveiling of memorials to the victims, a tearful mass in their honour and a minute of silenceAP; PHOTO: AFP - 761 words
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Article247 2013-01-15 23 SGX '000 Jan 14 S$ +/-Vol CH Offshore 0.51 unch 587 Chuan Hup Hldg 0.27 -0.01 721 Cosco Corp 1.03 0.02 ***** S$ Ezra Hldgs 1.25 -0.06 ***** First Ship Lea 0.18 unch 1410 Freight Links 0.07 unch 4070 Grand Banks unch unch 0 Jaya Hold Ltd 0.68247 words
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750 2013-01-15 23 AP [CHICAGO] A transportation agency plans to file a lawsuit yesterday alleging that United Airlines is falsely claiming to buy huge amounts of jet fuel out of a small, rural Illinois office that doesn’t even have a computer to avoid paying tens ofAP - 750 words
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Page 23 Advertisements
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Advertisement613 2013-01-15 23 vj! :*AT3 NOTICES UNITED OVERSEAS BANK LIMITED Company Registration No. *****0026Z (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES Notice is hereby given that the following share certificates have been reported lost, destroyed or mislaid: Notice is also hereby given that new share certificates will be issued and the613 words
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Page 23 Miscellaneous
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Miscellaneous366 2013-01-15 23 CRYPTIC CROSSWORD Across 1 Without a taxi back, gets something to eat (5) 4 Cook’s part played by fool in church (9) 9 Question put to cleaner: ‘What would chef do?’ (9) 10 Carpenter’s key joints (5) 11 Sweet abandon, embracing sin (not at home) (7) 12 Area of ship366 words
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EDITORIAL & OPINION
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485 2013-01-15 24 EDITORIAL JAPANESE Prime Minister Shinzo Abe’s newly installed government is wowing financial markets and the Japanese public alike with punchy public relations (PR) tactics worthy of Madison Avenue. But this has diverted attention from a ratcheting up of increasingly dangerous Sino-Japanese tension. While the fact485 words
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Article, Illustration745 2013-01-15 24 LEON HADAR - From a policy perspective it’s all very Republican’ THE BOTTOM LINE LEON HADAR Washington Correspondent BY selecting former Republican Senator Chuck Hagel as his new Defence Secretary, US President Barack Obama has taken a major step into transforming his presidency into a replica of the administration of Republican President George745 words
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Article, Illustration1067 2013-01-15 24 MANSOOR MOHI-UDDIN - The central bank’s actions may have major consequences for markets and world economy By MANSOOR MOHI-UDDIN The writer is chief currency strategist, UBS INVESTORS should follow the yen closely during 2013. The currency has already fallen more than 10 per cent againstPHOTO: REUTERS - 1,067 words
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Article, Illustration1599 2013-01-15 25 CHIU WU HONG, HO KAH CHUAN - It is pertinent to take a step back and evaluate the current workforce-related incentives available here By CHIU WU HONG, HO KAH CHUAN Chiu Wu Hong is a tax partner, KPMG in Singapore, and Ho Kah Chuan is a senior manager, enterprise incentive advisory, KPMG inST FILE PHOTO - 1,599 words
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Article, Illustration769 2013-01-15 25 NG YEW KWANG - By NG YEW KWANG The writer is Winsemius Chair Professor Of Development Economics, Division of Economics, Nanyang Technological University NOBEL laureate in economics James M Buchanan died in Blacksburg, Virginia in the United States on Jan 9 at the age of 93.PHOTO: AP - 769 words
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Article1568 2013-01-15 26 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 Destination STXPO TBN Camden/New1,568 words
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Page 26 Advertisements
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Advertisement46 2013-01-15 26 PLACE YOUR AD HERE The Business Times Shippi I CALL JOE WON g Times G AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? The Business Times Shipping Times46 words
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SINGAPORE STOCKS
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Article3059 2013-01-15 27 Transaction date: Jan 14 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last 6 3 A-Sonic --AAT Day Last Quote Div Gr Yld Net 11 5.5 AEM High 159.5 97.5 AIMSAMPIReit 157.53,059 words
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Article199 2013-01-15 28 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale 4.6 1.3 t Advanced System 1.8 unch 2200 1.8 1.8 1.7 1.9 26.8 Vol Cooo) Day High Last Quote Low Buyer199 words
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Article10225 2013-01-15 28 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.39/ Aberdeen Asset Mgt Asia Limited 1.14/ Asian Local Ccy SD Bond Asian Local Ccy SD Bond 0.9974/ Global Emerging Markets!** 1 8879/ EM local Ccy Bond 0.999/ European Opportunities!" 1.10? 1 Global Emerging Markets10,225 words
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Article262 2013-01-15 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 43.5 25.5 AVJennings A34 unch 10 34 34 33.5 36 3.6 10.3 2.7 88.5 41.5 30 Genting HK US$ US38.5 -0.5 5309 38.5 38 38 38.5 2535262 words
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Article928 2013-01-15 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 119 +0.5 4 122 119 118.5 119.5 543.2 134.1 120.4 CIMB APAC Div 100S$D 134.1 +1.1 5 134.1 134.1 133.4928 words
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FINANCE & COMMODITIES
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Article610 2013-01-15 29 Jan 14 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.14 *****.43 *****.06 Mar13 *****.00 *****.00 *****.00 *****.00 *****2 *****2 Jun13 *****.00 *****.00 *****.00 *****.00 33 2731 MSCI TAIWAN INDEX FUTURES SPOT 280.03 280.68 276.92 Jan13 279.10 280.70 276.00 280.60 ***** *****8 Feb13 278.30610 words
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373 2013-01-15 29 In local curr In S$ In US$ dy yr dy yr dy yr Jan 11 Index Change Change Change Change Change Change World Preliminary 967.8 0.0 3.2 0.3 3.4 0.1 3.1 EAFE Preliminary 801.4 0.4 3.5 0.7 3.5 0.5 3.2 Europe Preliminary 1187.1 0.3 3.5373 words
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Article, Illustration94 2013-01-15 29 As on 11 January 2013 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT FEB2013 1676.60 1653.30 1659.00 INDIA GOLD (E-GOLD) FUT FEB2013 564.95 558.35 559.80 CURRENCY EUR-USD FUT MAR2013 1.3284 1.3256 1.3355 BASE METAL COPPER FUT MAR2013 8145 8117 8059 INDEX IRON ORE (MBIO) IDX94 words
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Article107 2013-01-15 29 Jan 11 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 13 1424.75 1417.50 1425.00 1402.00 Mar 13 1373.25 1379.75 1381.75 1351.50 May 13 1364.00 1371.50 1372.50 1344.00 Jul 13 1357.50 1367.25 1368.00 1339.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jan 13 48.88107 words
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Article70 2013-01-15 29 CRUDE OIL PRODUCTS Jan 11 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.48 -2.24 WTI (Near Mth) 93.74 -0.04 Dubai (1-Mth F) 106.57 -1.58 Tapis blend 116.99 -2.79 Minas 113.59 -2.09 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.58 -1.75 Jet Kerosene 128.19 -0.52 US$/barrel OpecOil Basket70 words
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Article22 2013-01-15 29 Jan 14 S$ Bid Offer 1-month 1.2262 1.2272 2-months 1.2262 1.2272 3-months 1.2262 1.2272 6-months 1.2261 1.2271 Source: OCBC22 words
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Article65 2013-01-15 29 Jan 11 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2063.10 2080.00 3 months 2097.50 2113.50 Copper, Grade A(US$/tonne) Cash 8017.00 8084.50 3 months 8045.00 8115.00 Lead(US$/tonne) Cash 2293.25 2321.50 3 months 2307.00 2333.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.25 *****.50 3 months65 words
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Article80 2013-01-15 29 Jan 11 COCOA (£/tonne) Close Prev High/Low Mar 13 1438 1442 1448/1429 May 13 1445 1451 1455/1440 Jul 13 1453 1459 1462/1448 Sep 13 1461 1467 1470/1456 COFFEE(US$/tonne) Close Prev High/Low Jan 13 1994 1968 1992/1971 Mar 13 1944 1918 1944/1918 May 13 1953 1928 1953/1929 Jul 13 196180 words
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879 2013-01-15 29 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 1 146 650 5.00 16 Conv BakerTech W*****5 Exer Best World Intl Ltd W*****5 Prem Disc BiosensoMBeCW*****3 3.7 -0.4 80 0.4 140 5 Biosensors Int'l Group.ES.1301 121.5879 words
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Article470 2013-01-15 29 Jan 14 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.039 6.569 0.791 8.190 57.661 102.149 0.944 11.157 3.188 1.257 102.815 42.967 1.296 9.213 0.966 30.589 31.981 0.655 1.056 Canada 0.962 6.320470 words
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Article66 2013-01-15 29 Jan 14 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid66 words
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Article135 2013-01-15 29 Jan 14 GOLD(US$/oz) Jan 14 Jan 11 Hong Kong 1679.00 1683.00 Jan 11 Jan 10 London 1659.50 1676.01 1660.30 1676.94 Source: Thomson Reuters CAST BAR Jan 14 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 148 66 5gm 419 329 10gm 749 658135 words
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Article92 2013-01-15 29 Jan 14 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****N 18-Apr-13 0.24 6-Month BS*****E 11-Jul-13 0.25 1-Year BY*****X 01-Nov-13 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14 101.89 101.92 101.88 5-Year N*****0Z 2.37592 words
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Article58 2013-01-15 29 Jan 14 Jan KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 13 2263.0 2269.0 2263.0 2263.0 4 1924 Feb 13 2350.0 2333.0 2367.0 2325.0 1120 ***** Mar 13 2381.0 2368.0 2402.0 2356.0 ***** ***** Apr 13 2407.058 words
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Article154 2013-01-15 29 Jan 14 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2949 1.2966 1.0561 1.0566 Canadian dollar 1.2460 1.2472 1.0164 1.0163 Euro 1.6376 1.6392 1.3356 1.3358 NZ dollar 1.0300 1.0315 0.8401 0.8406 Sterling pound 1.9757 1.9778 1.6114 1.6118154 words
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Article121 2013-01-15 29 As at 9am Jan 14 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.323 1.260 Can dollar 1.274 1.214 Euro 1.675 1.596 Sterling pound 2.014 1.937 NZ dollar 1.060 1.000 US dollar 1.250 1.191 Local dollars to 100 units of foreign121 words
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Article154 2013-01-15 29 Jan 14 $S Offer Bid 0vernight 0.02 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.65 0.45 9 months 0.80 0.60 12154 words
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PROPERTY
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Article, Illustration1504 2013-01-15 30 Some landlords choose to hire a property manager to handle everything WP THINK you want to be a landlord? Consider this: “Last Thanksgiving, one of my tenants decided to fry a turkey on the stove. It started a fire that proceededWP; PHOTO: BLOOMBERG - 1,504 words
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Article, Illustration872 2013-01-15 31 Move comes as EU’s pledge to support the nation’s lenders safeguards investors Bloomberg [MADRID] BlackRock Inc and Pacific Investment Management Co are betting on d e b t t i e d t o S p a i n s bombed-out real estateBloomberg; PHOTO: REUTERS - 872 words
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Article, Illustration547 2013-01-15 32 PAULINE NG - Maybank analyst thinks sales will surpass its target by RM200m By PAULINE NG in Kuala Lumpur IF the London and Kuala Lumpur launches of the United Kingdom’s Battersea Power Station project last week are anything to go by, thePHOTO: REUTERS - 547 words
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Article, Illustration505 2013-01-15 32 Bloomberg [SYDNEY] Australian real estate investment trusts, which last year had the biggest price increase since 2006, will see more subdued growth in 2013, said Morgan Stanley. “The sector’s defensive earnings, attractive yield, ability and willingness to restructure and consolidation have driven 12.7Bloomberg; PHOTO: BLOOMBERG - 505 words
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405 2013-01-15 32 Xinhua [BEIJING] China may not expand experimental property taxes to more cities in the near future because of inadequate planning and law making, local media reported yesterday. The government is conducting “active research” on a plan to expand theXinhua - 405 words
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523 2013-01-15 32 Bloomberg [NEW YORK] What’s old is new again on Wall Street as banks tap into soaring demand for commercial real estate debt by selling collateralised debt obligations (CDOs), securities not seen since the last boom. Sales of CDOs linked to everythingBloomberg - 523 words
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746 2013-01-15 32 Favelas in no-go zones turn out to be must-buy deals AP [RIO DE JANEIRO] Five years ago, this city’s “favela” hillside slums had such a bad reputation that they were virtual no-go zones, where drugAP - 746 words
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Page 30 Advertisements
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Advertisement137 2013-01-15 30 M t iill Spruce up your London investment property NOW and attract new tenants Leave everything to us Benham and Reeves Lettings will coordinate all the necessary works and will liaise on your behalf. Using our own employed workforce, we can guarantee a top quality job, completed on time and137 words
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Advertisement360 2013-01-15 30 BLOCK SALE 36 Units at Goodwood Residence Raffles Town Club Singapore Chinese Girls’ Sch BUkit AngloChinese Sch (Barker Rd) Stevens MRT t 'mah 0 Subject Site EH Balmoral Plaza Qr o Singapore Botanic <5> The Pines 03 Newton 0 MRT co Newton Circus Sheraton Towers FID ACS (Junior) Shangri-La Hotel360 words
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Advertisement18 2013-01-15 30 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices WAT3 NOTICES18 words
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Page 31 Advertisements
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Advertisement98 2013-01-15 31 AUCTION SALE 2-storey Freehold Conservation Shophouses at North Bridge Road, District 7 4 adjoining units of 2-storey conservation shophouses Land 5,765 sq ft/GFA 9,600 sq ft approx. (subject to survey) Master Plan 2003 zoned “Commercial” within “Kampong Glam” Conservation District/ Next to Malay Heritage Centre Subject to existing tenancies Walking98 words
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Advertisement267 2013-01-15 31 KnightFrank.com. sg For Sale By Tender Existing 115 Rooms Hotel D15 Eunos Rd 8 Singapore Post Ctr Paya Lebar Sq (U/C) Sims Ave Paya Lebar MRT Wisma Geylang Serai (U/C) Tg Katong Cplx Geylang Serai Serai Mkt FC GLS Reserve Site Tg Katong Rd Geylang Rd Geylang City Plaza Changi267 words
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Advertisement56 2013-01-15 31 Call 6309 1050 for Leasing Enquiries 56 Serangoon NthAve 4 Unit size frm 5500sf *****sf Gd specs amenities nearby With loading bay 61Yishun Ind. ParkA Unit size frm 835sf to *****sf Grd Flr space avail Gd specs with loading bay 135 Joo Seng Rd Unit size frm 1415sf 4203sf Gd56 words
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