The Business Times, 19 January 2013

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Microfilm: NL32354
Total Pages: 49
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 weekend THE BUSINESS TIMES www. usinesstimes.com. g JANUARY 19-20, 2013 S$1.00 MICA (P) 075/08/2012 Sfjl A SINGAPORE PRESS HOLDINGS PUBLICATION
    20 words
  • Article
    Lock icon Kingsmen in audit scandal
    28 1 HARSH GLARE ERNST Young, who are external auditors for Kingsmen Creatives, flags “serious offences involving fraud or dishonesty” against two of its subsidiaries. 2
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  • Article
    Lock icon Thais raise offer to $9.55 a share
    38 1 FRASER AND NEAVE THAI tycoon Charoen Sirivadhanabhakdi ups his offer price for Fraser and Neave to $9.55 per share, while revealing that he has picked up an additional 6.3% stake. 4
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  • Article
    Lock icon Poh Koon woos Punggol East
    40 1 CHARM OFFENSIVE IN his maiden rally speech, Koh Poh Koon, the PAP candidate for the upcoming Punggol East by-election, tells of how his family struggled to make ends meet when he was growing up. 5
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  • Article
    Lock icon China GDP rebounds after 7 slow quarters
    745 1  -  7.9% growth in Q4 2012 confirms that a healthy recovery is now well on its way By Virginie Mangin btworld@sph.com.sg Beijing CHINA'S economy accelerated in the fourth quarter of 2012, confirming that it was definitely rebounding after growth had slowed for seven consecutive
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  • Article, Illustration
    Lock icon What’s Armstrong on? Primetime, busting his own myth
    1140 1  -  By Joyce Hooi joyceh@sph.com.sg Singapore THE story of the American Hero unravelled yesterday morning the way most American ignominies today do, beneath the compassionate gaze of Oprah Winfrey. Yesterday, Lance Armstrong became the latest in a long line of disgraced men before
    PHOTO: REUTERS  -  1,140 words
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      54 1 the business times www. usinesstimes.com. g JANUARY 19-20, 2013 S$1.00 MICA (P) 075/08/2012 SHOW ME THE MONEY When to sell your stocks 33 MOTORING The new BMW 316i L19 the raffles conversation MAO YUSHI, CHINA’S BEST-KNOWN LIBERAL 10-11 Olam's finances still far too opaque Commentary by Michael Dee PAGE 6
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  • TOP STORIES
    • MARKETS
      • Article
        Lock icon STOCKS
        57 2 GSTI 3,211.22 (+16.12) GSTI FUTURES 3,211.00 (+16.00) GSIMSCI 363.13 (+1.64) GSIMSCI FUTURES 362.80 (+1.10) Friday KL COMP 1,676.44 -4.65 NIKKEI 225 10,***** +303.66 HANG SENG 23,501.78 +262.02 SET 1,434,44 +13.49 JAKARTA 4,465,48 +67.10 MANILA 6,139.21 •►67.03 KOSPI 1.987.85 +13.58 SHENZHEN B 763.24 +8.78 MUMBAI IND 20.039.04 +75,01 n.iw esr
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      • Article
        Lock icon PRIME RATES
        29 2 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.209 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.50 INDIA 14,50 Source: Bloomberg
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      • Article
        Lock icon FOREX
        48 2 irSj SS US$ (SS per US$) 1.225 (US$/5$ per 1.598 1.958 EURO(US$/5$/€) 1.338 1.640 Foreign currency per US$ SS YEN 89.90 73.40 RM 3.011 2.457 HKS 7.753 6.328 BAHT 29.78 24.30 RUPIAH 9,535 7.864 RENMINBI 6.215 5,073 INDIAN RUPEE 53.86 43.96 AS 0.950 0.776 NZS 1.196 0.976
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    • Article, Illustration
      Lock icon Kingsmen caught up in allegations of financial irregularities
      944 2  -  Audit committee notifies Commercial Affairs Department of suspicious transactions By Grace Leong gleong@sph.com.sg Singapore IT CLINCHED multi-million dollar contracts to build facades for various attractions at Resorts World at Sentosa’s Universal Studios theme park and was in the limelight for its involvement
      FILE PHOTO  -  944 words
    • Article
      Lock icon S’pore productivity flat: Conference Board
      636 3  -  Growth in global output per labour unit slows for a second straight year in 2012, rising just 1.8% By Anna Teo anna@sph.com.sg Singapore PRODUCTIVITY gains in Singapore stalled in 2012, along with the advanced economies, as workers worldwide became less productive amid weak output growth.
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    • Article, Illustration
      Lock icon Beijing breaks silence on income inequality
      427 3 AFP Beijing CHINA yesterday released a decade’s worth of information on a key inequality statistic after keeping the measure a secret since 2000, as the issue becomes increasingly sensitive. The Gini coefficient is a commonly used measure of income inequality, with a figure of
      AFP; PHOTO: AFP  -  427 words
    • Article
      Lock icon Thais raise F&N offer by 67 cents to $9.55
      362 4  -  Tycoon Charoen’s deemed shareholding now stands at 40.5%, after picking up a 6.3% stake at that price yesterday By Kenneth Lim kenlim@sph.com.sg Singapore THAI tycoon Charoen Sirivadhanabhakdi raised his offer price for Fraser and Neave (F&N) by a significant 67 cents
      362 words
    • Article, Illustration
      Lock icon ‘Deeply personal angle’ to people’s problems
      789 5  -  PAP candidate Dr Koh relates own family’s struggles in his maiden rally speech By Lee U-Wen leeuwen@sph.com.sg Singapore IN his maiden rally speech, Koh Poh Koon, the People’s Action Party (PAP) candidate for the upcoming Punggol East by-elec-tion, returned to telling his own story
      PHOTO: YEN MENG JIIN  -  789 words
    • Article, Illustration
      Lock icon Anthony Aurol acquitted of contempt of court
      427 5  -  By Joyce Hooi joyceh@sph.com.sg Singapore ANTHONY Aurol, chief operating officer of Baker Technology, got an early birthday present yesterday when the Court of Appeal acquitted him of contempt of court. Mr Aurol, who turns 65 today, had previously been found guilty and sentenced
      FILE PHOTO  -  427 words
    • Article
      Lock icon Olam’s finances still far too opaque
      1674 6  -  $125m of dividends and continuing negative cash flow are funded with ever rising debt. COMMENTARY By Michael Dee ~The writer, an investment banker for over 30 years, was Morgan Stanley's regional CEO in Singapore and a senior managing director of Temasek Holdings from August
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    • Article, Illustration
      Lock icon Flying through a battery of problems
      1185 8 Investigators are looking at why the Dreamliner’s lithium-ion battery caught fire NYT New York POWERFUL and lightweight, lithium-ion batteries are the perfect power source for modern gadgets. But ubiquitous as they are, their short history has also been fraught with problems they have caught
      NYT; PHOTO: REUTERS  -  1,185 words
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      59 2 CONTENTS 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 Househunt 34 LIVING Dining L2-8 Style L9 CEOs’ Hawker Choices L10-12 Gadgets L13 Design L14-15
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      134 3 Pre-CliinESE Mew Yiar Promotion VJOCOAN^ 8 Good Reasons to Own it No void area New future Thomson Line (TSL) and future North-South Espressway (NSE) Direct ramp-up vehicular access for up to 14 footer Wide driveway Direct loading/unloading facilities at every level Electrical provision of up to 100 amp 3 phase
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      70 5 CENTALINE PROPERTY Meyer Vicinity OPEN HOUSE By Appt Only Brand New Semi-D Out of The Box Tree House Design. High Ceiling Upto 3 Storey High. L: 3390 sqft B: 5000 sqft Hanrik Tan CEA Reg No. :R*****7I *****998/9489 3352 Centaline (Singapore) Property Agency Pte. Limited CEA Licence No.: L*****36Z SCORE
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      79 7 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!' I vm m u W*y tel 52 J i 2 2 Z! B 5! ft -t 'Terms conditions apply
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      59 8 Citi is hiring Relationship Managers Singapore LNG Corporation is looking for a Contracts Manager M1 is recruiting a Customer Service Officer AIA has a position open for a Financial Services Consultant The Institute of Technical Education has a vacancy for a Technology Development Engineer Also look out for our two
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    • Advertisement
      Lock icon Page 8 Advertisements Column 2
      170 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ALPAWEDGE SINGAPORE PTE LTD (IN LIQUIDATION) (Company Registration no. *****3032R) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the Members of
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  • WEEK IN REVIEW
    • THIS WEEK Jan 14-18, 2013
      • Article
        Lock icon MTI’s future sight lies in striking right balance
        65 9 LOOKING into the future is always tricky just ask the economic forecasters whose ever-changing numbers still missed the mark repeatedly in the uncertain years since the global financial crisis. For the Futures Group at the Ministry of Trade and Industry, however, the
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      • Article
        Lock icon Showflats quiet as new cooling measures kick in
        59 9 SHOWFLATS were quiet on Sunday, following a surge of customers last Friday eager to beat the new cooling measures which kicked in on Saturday. The government announced its seventh and most sweeping package of property cooling measures on Friday, including higher additional
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      • Article
        Lock icon Home sales will fall, even prices may slide
        63 9 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 cent in the
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      • Article
        Lock icon Equities face battering if bond yields rise sharply
        61 9 GLOBAL equity and commodity markets are not factoring in the implications of an unexpected steep rise in global bond yields. The consensus assumption is that yields on US Treasuries, by far the largest global bond market, will at worst rise by a
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      • Article
        Lock icon SIC calls for auction to break F&N stalemate
        34 9 THE Securities Industry Council has taken the unprecedented step of calling for an auction to break the impasse in the six-month-long Fraser and Neave takeover battle.
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      • Article
        Lock icon After year of history, property market braces for the chills
        57 9 NUMBERS just in show that the property market made history in 2012, with developers selling a record 22,290 private homes, excluding executive condos. The tally, which shattered the previous record of 16,292 units in 2010, was boosted by brisk sales
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      • Article
        Lock icon SIC’s gavel right tool for F&N: experts
        39 9 AN unprecedented regulator-di-rected auction paves an efficient and balanced path towards ending the Fraser and Neave takeover standoff, but it could also raise fundamental issues in future takeover battles, industry observers said.
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      • Article
        Lock icon Panel proposes shake-up in financial advisory sector
        66 9 SWEEPING changes to freshen up the financial advisory industry and reduce costs for consumers were recommended by the 14-member Financial Advisory Industry Review panel. Notably, a direct channel will be created for retail customers to buy basic insurance products straight from the insurer
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      • Article
        Lock icon Builders more hooked than ever on foreign workers
        66 9 THE construction industry needs more foreign workers than ever, even as the government tries to reduce the sector’s reliance on external labour. Strong construction demand has left contractors caught between wanting to ride on that demand and measures aimed at tightening their
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      • Article, Illustration
        Lock icon Year’s first condo comes with 7% price cut
        107 9 THE average price for units at Q Bay Residences the first private condominium launch for 2013 has dipped 7 per cent in response to the new property cooling measures introduced last Friday. From an originally planned price of $1,050 per square foot
        PHOTO: LIM YAOHUI/THE STRAITS TIMES  -  107 words
      • Article
        Lock icon Non-oil domestic exports down 16.3% in December
        63 9 SINGAPORE’S non-oil domestic exports tumbled the most in 14 months in December as manufacturers shipped fewer electronics and pharmaceuticals, reigniting fears of a technical recession. Last month’s NODX slid 16.3 per cent from a year ago as shipments to all of Singapore’s top
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    • Article
      Lock icon NEXT WEEK | Jan 21-25, 2013
      75 9 NEXT WEEK Jan 21-25, 2013 US DATA Jan 22 Existing home sales for December Jan 24 Leading indicators for December Jan 25 New home sales for December SINGAPORE DATA Jan 23 Consumer Price Index for H2 2012 Jan 25 Index of Industrial Production for December Real estate information for Q4
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  • Page 9 Miscellaneous
    • Miscellaneous
      Lock icon Page 9 Miscellaneous Column 1
      329 9 Across 1 Got key cut (7) 5 Drew the card out (7) 9 Two officers get together with a drink (5) 10 Firm can set out to restrict debt (9) 11 A succession of small bloomers (5,5) 12 Appears as laid back, but is on watch (4) 14 They recommend
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    • Miscellaneous
      Lock icon Page 9 Miscellaneous Column 2
      16 9 SATURDAY with Ludwig Q: Did you know how Lance Armstrong confessed to doping?A:By taking truth serum.
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  • RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Mao, the liberal
      2475 10 / 11  -  Mao Yushi, China’s best-known liberal thinker, who runs its only independent think tank, talks to Vikram Khanna about the state of affairs in his n tion Vikram Khanna ‘IAM not a dissident,’’ says Mao Yushi, the 84-year-old crusader for economic and political liberalisation in China, and an
      PHOTO: YEN MENG JIIN  -  2,475 words
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  • COMPANY NEWS
    • Article
      Lock icon JP Morgan clarifies ‘fair but not reasonable’
      686 12  -  Kirin’s bid for F&N’s drinks lacks price discovery, says financial adviser By Kenneth Lim kenlim@sph.com.sg Singapore FRASER and Neave (F&N) financial adviser JP Morgan has highlighted inadequate price discovery as a key reason for its controversial “fair but not reasonable” opinion. The announcement
      686 words
    • Article, Illustration
      Lock icon Ezion Holdings pulls out $75m perpetual bond issue
      508 12  -  By Siow Li Sen lisen@sph.com.sg Singapore THE choppy Asian bond market has claimed its first casualty here. Ezion Holdings had to pull a perpetual bond deal after a sell-off in the market. The offshore support service firm for the oil and gas
      508 words
    • Article, Illustration
      Lock icon CapitaMall Trust on lookout to buy malls
      840 13  -  It reports a 2.6% rise in Q4 distribution per unit By Kalpana Rashiwala kalpana@sph.com.sg Singapore CAPITAMALL Trust (CMT), which yesterday posted a 2.6 per cent growth in its fourth-quarter distribution per unit (DPU) over the same year-ago period, is eyeing opportunities for greenfield
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    • Article
      Lock icon Population growth will benefit transport, construction: DBS
      241 13 Reuters Singapore DBS Vickers expects an upcoming white paper on Singapore’s population to raise its population target to seven million from 6.5 million, which will benefit construction, land transport, property and healthcare companies. Singapore’s infrastructure is taking the brunt of an expanding population
      Reuters  -  241 words
    • Article
      Lock icon Cambridge Trust's Q4 DPU up 9.9%
      365 13  -  By Lee Meixian leemx@sph.com.sg Singapore CAMBRIDGE Industrial Trust (CIT) posted fourth-quarter distribution per unit (DPU) of 1.229 cents, up 9.9 per cent from 1.118 cents a year earlier. The DPU is payable on Feb 28. Full-year DPU climbed 12.9 per cent year-on-year to 4.784
      365 words
    • Article
      Lock icon Securus Fund raises US $ 170m
      389 14  - Securus Fund raises US 170m Keppel T&T-sponsored Shariah-compliant fund makes this achievement in second closing By Lynn Kan lynnkan@sph.com.sg Singapore THE Shariah-compliant investment fund sponsored by Keppel Telecommunications and Transport (Keppel T&T) mustered US$170 million in its second capital raising effort to enlarge its warchest for more data centre acquisitions.
      389 words
    • Article
      Lock icon SingPost buying 62.5% of freight-forwarding firm for $60m
      286 14  -  By Jasmine Ng jasng@sph.com.sg Singapore SINGAPORE Post (SingPost) is buying a majority stake in a freight-forwarding company for $60 million to help grow its logistics business. Following the acquisition, SingPost will hold a 62.5 per cent stake in Famous Holdings (FH). Both
      286 words
    • Article
      Lock icon M1 offers 3 free days in compensation for outage
      363 14  -  By Victoria Ho vhoip@sph.com.sg Singapore M1 subscribers will get three days of free mobile service from Feb 10 to 12, as compensation for the telco’s service outage that lasted from Jan 15 to 17. The free service will encompass local mobile
      363 words
    • Article, Illustration
      Lock icon Property and pennies dominate trading
      608 15  -  STOCKS R Sivanithy sivan@sph.com.sg Senior Correspondent PROPERTY and pennies may make strange bedfellows, but both played a major role in this week’s trading. On the upper end of the price spectrum were property stocks, which took a hit after the surprise unveiling last Friday of
      608 words
    • Article
      Lock icon TOP 20 ACTIVES
      185 15 VOL CLOSE ICP 1,725,609 0.5 0 2 66 7 YHM 607,427 4.2 0 6 1 6 7 Innopac 259,923 19.7 1 .8 1 0 1 MDR 1 76 .0 IPCO Int l 1 44,772 2.3 0 1 4 5 Ch i naTaisan 1 08,251 6.2 0 7
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    • Article
      Lock icon TOP GAINERS
      65 15 BY CENTS CLOSE UP SPDRS S&P 500 10US$ ***** 861.2 5.0 JMH 6200 118.8 1.6 GLD 10US$ ***** 105.4 0.5 DBXT FTChina25 10US$ 3167 96.8 2.6 Jardine C&C 4930 61.0 1.3 Hyflux 6% CPS 10 ***** 48.0 0.4 STXPO 100 663 36.0 5.7 IS MSCI Spore 1380 34.3
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    • Article
      Lock icon TOP LOSERS
      60 15 BY CENTS CLOSEDOWN DBXT MSINDO 10us$ 1557 -85.8 -4.3 Asia Pac Brew 5215 -85.0 -1.6 DBXT FTVietnam 10US$ 2496 -29.4 -1.0 DBXT S&P Short 10US$ 3369 -29.4 -0.7 CityDev 1140 -15.0 -1.3 DBXT MSAsExJp 10US$ 3415 -12.3 -0.3 JSH 3625 -9.8 -0.2 Kingsmen 72.5 -7.0 -8.8 OCBC Bk
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    • Article
      Lock icon STI STOCKS
      109 15 Stock name Close Change CapMallsAsia 2.180 CapitaLand 3.870 +0.010 CapitaMall 2.160 -0.010 CityDev 11.40 -0.150 ComfortDelGro 1.855 +0.010 DBS Grp 14.38 +0.030 F&N 9.580 +0.080 GLP 2.750 +0.030 Genting SP 1.450 +0.010 Golden Agri 0.625 +0.005 HK Land 7.620 +0.030 IHH Healthcare 1.400 -0.005 JMH 62.00 +0.970 JSH
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    • Business briefing
    • Article
      Lock icon Logistics shares gain 15.2% in debut
      375 15  -  By Teo Si Jia teosj@sph.com.sg Singapore LOGISTICS Holdings debuted on the Catalist board yesterday with a closing price of 26.5 cents, 15.2 per cent above its initial public offering (IPO) price of 23 cents. Shares of the construction and interior fitting-out firm opened on
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  • Page 14 Advertisements
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      Lock icon Page 14 Advertisements Column 1
      160 14 THE BUSINESS TIMES SATURDAY SPECIAL Indulge with our compliments A complimentary Ju Chun Yuan ”Pa Shao“( 扒烧 Belly worth $24+ with this advertisement! Venue Far East Square, 130 Amoy Street, #01‐01, (S) *****9, Tel: 6536 2655 Website: www.juchunyuan.com.sg Terms conditions Promotion valid from 19th Jan to 25th Jan 2013
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  • FROM THE DESK OF
    • Article, Illustration
      Lock icon Life lessons from an 8-year-old artist
      847 16  -  FROM THE DESK OF Paul Heng Board Chair, Make-A-Wish Foundation Singapore SOME TIME last month, a familiar tune automatically came into my head, especially when I saw lighted up Orchard Road. It began like this: “So this is Christmas o this is Christmas And
      ST FILE PHOTO  -  847 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon They came, they saw, but only half signed up
      619 17  -  Thanks to cooling measures, only 214 close deal at preview launch of Q Bay Residences By Zeinab Yusuf Saiwalla zeinabs@sph.com.sg FOUR hundred out of the 500 people who had indicated interest in buying a unit in Q Bay Residences showed up
      PHOTO: LIM YAOHUI/THE STRAITS TIMES  -  619 words
    • Article
      Lock icon 200,000 new homes in the works
      372 17  -  Boon Wan reminds potential buyers of govt’s moves to close demand-supply gap By Mindy Tan tanmindy@sph.com.sg THE large supply of units that will be coming on stream in the coming years, coupled with an inevitable end to the current low interest rate environment, are
      372 words
    • Article
      Lock icon CIMB launches Visa Infinite card with no annual fee
      280 17  -  By Teo Si Jia teosj@sph.com.sg CIMB Bank Singapore has launched its first Visa Infinite credit card that comes with a zero annual fee. To expand its repertoire and tap on the growing segment of affluent individuals in Singapore, CIMB said yesterday
      280 words
    • Article, Illustration
      Lock icon OK Lim plans US$1 .7b oil storage in China
      901 18 Hin Leong founder building what could turn out to be Asia’s largest such facility Reuters Beijing LIM Oon Kuin left his ancestral Chinese province with his family at age 12 seeking a better, richer life. Now the patriarch of Singapore oil
      Reuters; FILE PHOTO  -  901 words
    • Briefing
      • Article
        Lock icon Jet Aviation of Switzerlands breaks ground for expansion
        108 18 SWITZERLAND-headquartered aircraft maintenance firm Jet Aviation yesterday broke ground for its expansion at the Seletar Aerospace Park, where the company will have a new hangar big enough for five more business jets, as well as two storeys of office and shop space.
        108 words
      • Article
        Lock icon LTA app MyTransport.SG wins award
        73 18 THE Land Transport Authority’s smartphone application, MyTransport.SG, has become the first in Asia Pacific to bag an award at the international summit Emerging Media Award (EMA) 2012 for visionary achievements. MyTransport.SG is a content-rich service offering information from the nearest bus-stops, taxi stands, cycling paths,
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      40 18 ***Do n't rn/si* 0 tS- SEM| D 5000sf Fu l?GLJ hls Pl °t $Neg! reen ery view FULL GPEPIERY VIEW Check this out and many other properties in CATS Classified in The Straits Times now! WATS BUY IT-SELL IT-FIND IT
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      21 18 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
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  • WORLD
    • Article, Illustration
      Lock icon Tycoons rich with cash but shun wealth managers
      826 19 With trust in bankers at a low level they prefer to invest in property Reuters London TYCOONS are shunning banks and wealth managers, preferring to put a flood of money from selling stakes in companies into property and new ventures rather than
      Reuters; PHOTOS: AP, REUTERS  -  826 words
    • Article
      Lock icon Auditor slams Seoul’s US$20b river project
      403 19 AFP Seoul SOUTH Korea’s state auditor yesterday panned President Lee Myung Bak’s US$20 billion effort to dredge, dam and beautify four major rivers, saying it was riddled with costly flaws. Revitalising the Han, Nakdong, Geum and Yeongsan rivers was the centrepiece of the outgoing
      AFP  -  403 words
    • Article
      Lock icon Aussie wildfires threaten towns in Victoria; Sydney hits 45 degrees
      260 19 Bloomberg Canberra WILDFIRES are posing a threat to towns in Australia’s Victoria state with weather forecasters warning of dangerous conditions throughout the south-east, as Sydney posted its second-highest temperature on record yesterday. A large, fast-moving out-of-control fire is impacting the
      Bloomberg  -  260 words
    • Article, Illustration
      Lock icon Deposits of oil and gas found near Miri, Sarawak
      365 20  -  After last oil strike in 1989, no fields were thought left in Malaysia By S Jayasankaran btworld@sph.com.sg Kuala Lumpur MALAYSIAN oil firm Petroliam Nasional (Petronas) has announced the country’s first onshore oil strike in more than two decades. Onshore deposits of
      PHOTO: REUTERS  -  365 words
    • Article
      Lock icon Myanmar seeks IMF programme
      352 20 Reuters Washington MYANMAR is seeking a one-year programme monitored by the International Monetary Fund (IMF) to help it craft economic policies, pursue reforms and clear its debt arrears, according to IMF documents. The IMF said that the country asked for the programme in December to help
      Reuters  -  352 words
    • Article, Illustration
      Lock icon Greek Parliament votes to probe former finance minister
      255 20 Bloomberg Athens GREEK lawmakers voted to set up a parliamentary committee to investigate allegations that former finance minister George Papaconstantinou removed relatives’ names from a list of Greeks with bank deposits in Switzerland. A total of 265 lawmakers in the 300-member chamber
      Bloomberg; PHOTO: AP  -  255 words
    • Article
      Lock icon Pharmas relook emerging market strategies
      775 21 Sales up only 6%, compared to forecast double-digit growth rates Reuters San Francisco MAJOR pharmaceutical companies aiming to jumpstart growth by investing in emerging markets are reassessing strategies after less-than-stellar results in 2012. New tactics are expected to include more joint ventures where risks are
      Reuters  -  775 words
    • Article, Illustration
      Lock icon Spain’s govt and corporate bonds find eager buyers
      716 21 NYT Madrid JANUARY is turning out to be a better month for Spain and some of the eurozone economies most in need of debt financing, with governments and companies flooding the market with bonds that have sold at significantly lower interest rates
      NYT; PHOTO: AFP  -  716 words
    • Article
      Lock icon Fiscal cliff dampens consumer sentiment
      397 22 Survey shows fall in Jan consumer sentiment to a one-year low LATEST US DATA Reuters New York US CONSUMER sentiment deteriorated for a second straight month to hit its lowest in over a year in January, with a record number of consumers citing the recent
      Reuters  -  397 words
    • Article, Illustration
      Lock icon Cameron raises prospect of UK leaving European Union
      396 22 Bloomberg London BRITISH Prime Minister David Cameron has prepared a speech that put 40 years of integration with the continent on the line by raising the spectre of a UK exit from the European Union. While Mr Cameron postponed the speech in
      Bloomberg; PHOTO: AP  -  396 words
    • Article
      Lock icon Japan continues yen-weakening efforts
      412 22  -  By Anthony Rowley btworld@sph.com.sg Tokyo AN economic adviser to Japanese Prime Minister Shinzo Abe made further efforts yesterday to talk down the yen and to resolve confusion created earlier this week by two of Mr Abe’s cabinet colleagues who had alarmed markets by suggesting that the
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      25 20 Uhk A KISS92 U#*grr****P CATCH THE NISSAN KISS 92 KISS MOBILE TUNE IN TO KISS 92 TO FIND OUT WHERE WE’LL BE! kiss92.sg facebook.com/kiss92fm @kiss92fm
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  • Page 22 Advertisements
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  • Article
    Lock icon SGX
    8344 23 Transaction date: Jan 18 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 15 11.4 8Telecom 14.4 +0.4 122 14.4 13.7 14 14.4 66.8 0.3 3.5 69 6 3 A-Sonic 4.4 unch 16 4.4 4
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  • Article
    Lock icon SGX CATALIST
    1868 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 $mil 21 14.8 t 800 Super 20 19.8 21 3.3 5 6 35.8 4 3 t AA Grp 3.1 3.1 4.5 3 96 17.2 t APStrategic
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  • Article
    Lock icon SECURITIES TRADING SCOREBOARD
    186 26 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 11 1 3 0 0 0 11 1 3 Manufacturing 71 40 47 6 4 16 77 44 63 Commerce 28 19 23 7 5 2 35 24 25 Tpt/Stor/Comms 25 8 14
    186 words
  • Article
    Lock icon SECURITIES TRADING TURNOVER
    123 26 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 25,859 25,859 93,454 93,454 Manufacturing 602,119 1,844,052 2,446,171 268,960 9,960 278,920 Commerce 180,418 13,121 193,539 117,448 697 118,145 Tpt/Stor/Comms 133,268 15,797 149,065 212,753 5,139 217,893 Finance 280,175 387 280,562 205,015 164 205,179 Construction 224,616 694,532
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  • Article
    Lock icon BT SHARE INFORMATION SERVICE
    797 26 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Jan 14 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Asian Micro Holdings 17-Jan-13 Chew Choon Beng Sell 1200 0.02 ***** 6.14 ***** 5.91 MDR Ltd 17-Jan-13
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  • MARKETS
    • Article
      Lock icon LIFFE
      79 27 Jan 17 COCOA (£/tonne) Close Prev High/Low Mar 13 1489 1455 1492/1460 May 13 1481 1457 1486/1461 Jul 13 1484 1464 1490/1466 Sep 13 1491 1471 1497/1472 COFFEE(US$/tonne) Close Prev High/Low Jan 13 2028 2004 2032/2032 Mar 13 1978 1969 1988/1967 May 13 1989 1980 1998/1978 Jul 13 1998
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    • Article
      Lock icon METALS
      68 27 Jan 18 GOLD(US$/oz) Jan 18 Jan 17 Hong Kong 1698.00 1692.00 Jan 17 Jan 16 London 1686.06 1680.04 1686.83 1680.97 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 39.26 38.62 Source: UOB PLATINUM/ Lon (US$/oz) Jan 17 Close Previous PM Fix 1683.00 1678.00 AM Fix 1687.00 1660.00 Source:
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    • Article
      Lock icon PALM OIL
      53 27 Jan 18 KLCE PALM FUTURES (RM/MT) 'H'"rn Ojitmviff SfP Av '■f'ViW* P/m> ■•tkh IrWi I n«' »«v drvrv LJMM u .ynr*f *-ut* )3 M*i T 13 Ma 1? 2963$ *jhWJ j ii.i> 1 3^50 ww .'.Wlp .;4oixi iTrOXi jiiiSfl ’-35X1 -'oSj.O '■4Q1.0 Ml /XiM »<S2l vie .CTl/V 2*5*1
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    • Article
      Lock icon GOVERNMENT SECURITIES
      86 27 Jan 18 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****N 18-Apr-13 0.23 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-14 101.87 5-Year N*****0Z 2.375 01-Apr-17 108.55
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 27 Jan 18 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2888 1.2899 1.0521 1.0526 Canadian dollar 1.2401 1.2410 1.0128 1.0124 Euro 1.6393 1.6401 1.3382 1.3384 NZ dollar 1.0240 1.0247 0.8359 0.8362 Sterling pound 1.9577 1.9587 1.5981 1.5984
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    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      94 27 As on 17 January 2013 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT FEB2013 1696.20 1666.80 1690.60 INDIA GOLD (E-GOLD) FUT FEB2013 568.35 561.80 565.55 CURRENCY EUR-USD FUT MAR2013 1.3314 1.3276 1.3369 BASE METAL COPPER FUT MAR2013 7995 7972 8071 INDEX IRON ORE (MBIO) IDX
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    • Article
      Lock icon CHICAGO BOT
      103 27 Jan 17 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Mar 13 1430.25 1436.50 1448.00 1422.25 May 13 1414.75 1421.25 1431.75 1408.25 Jul 13 1406.00 1412.75 1421.00 1399.50 Aug 13 1379.50 1386.00 1392.75 1374.25 SOYBEAN/OIL(60,000 lbs; USc/lb) Close Previous High/Low Mar 13 51.49 51.31 51.66 50.92
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    • Article
      Lock icon OIL
      68 27 Jan 17 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 110.47 0.43 WTI (Near Mth) 95.36 1.13 Dubai (1-Mth F) 106.11 0.25 Tapis blend 116.21 0.07 Minas 112.81 0.07 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.44 -0.12 Jet Kerosene 127.24 0.14 US$/barrel OpecOil Basket Price 107.75
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      117 27 Jan 18 'urfll. M ifll/ftl* V /’.I ..trmiM-. unit ot Cit>f«nu<u Koy Aiist dollar ijzo vM Can dollar 1.270 1.210 Euro 1.C74 T.r>95 Sterling pound 1.992 1.916 M2 dollar 1.D5S 0,999 US dollm 1.247 T IRS oW/iSM.-f-i i vunf/T>, .'a^flUT^H-y Cvirrvi«»i»t Wl RviV Chi renminbi 20.441
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    • Article
      Lock icon LONDON METALS
      69 27 Jan 17 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2012.75 2007.25 3 months 2048.50 2045.00 Copper, Grade A (US$/tonne) Cash 8026.25 7916.00 3 months 8054.00 7946.00 Lead (US$/tonne) Cash 2275.50 2253.75 3 months 2285.00 2266.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INT'L INDICES
      373 27 In local curr In S$ In US$ dy yr dy yr dy yr Jan 17 Index Change Change Change Change Change Change World Preliminary 973.7 0.5 3.8 0.4 3.7 0.5 3.5 EAFE Preliminary 804.9 0.6 3.9 0.4 3.3 0.5 3.2 Europe Preliminary 1196.9 0.8 4.3
      373 words
    • STOCK MARKETS
      • Article, Illustration
        Lock icon Straits Times Index
        19 27 YTD change:+1.39% 52-week high: 3,237.78 on Jan 7,2013 52-week low: 2,698.90 on June 4,2012 Source: Bloomberg
        Source: Bloomberg  -  19 words
      • Article, Illustration
        Lock icon Hang Seng Index
        20 27 YTD change: +4.17% 52-week high: 23,606.50 on Jan 18,2013 52-week low: 18,056.40 on June 4,2012 Source: Bloomberg
        Source: Bloomberg  -  20 words
      • Article, Illustration
        Lock icon Dow Jones Industrial Average
        26 27 YTD change: +3.75% 52-week high: 13,661.87 on Oct 5,2012 52-week low: 12,035.09 on June 4,2012 (Chart shows Thursday’s index closing) Source: Bloomberg
        Source: Bloomberg  -  26 words
      • Article, Illustration
        Lock icon Shanghai Stock Exchange Composite
        20 27 YTD change:+2.11% 52-week high: 2,478.38 on Feb 27,2012 52-week low: 1,949.46 on Dec 4,2012 Source: Bloomberg
        Source: Bloomberg  -  20 words
      • Article, Illustration
        Lock icon Nikkei 225
        19 27 YTD change: +4.98% 52-week high: 10,952.31 on Jan 15,2013 52-week low: 8,238.96 on June 4,2012 Source: Bloomberg
        Source: Bloomberg  -  19 words
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon India caught in flux of change
      1192 28 / 29  -  A new generation of Indians have taken to the streets in protest but traditional and patriarchal diehards still hold on to their old prejudices. Yogi Aggarwal ~The writer is a Mumbai-based journalist who contributes regularly to BT THE brutal rape saga in Delhi and
      PHOTO: AP  -  1,192 words
    • Article
      Lock icon ‘New’ Myanmar puts China in a bind
      889 28 / 29  -  By Yun Sun ~Yun Sun is a visiting fellow at Brookings Institution. Previously, she was the China analyst of the International Crisis Group, based in Beijing. WP THE rapid changes in Myanmar since President Thein Sein began democratic reforms in 2011 present China
      WP  -  889 words
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  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon CEO pay and stock swings
        917 30 / 31 Pay for the chief executive rises, even when the company’s stock price falls; mutual funds wield power but are powerless on management compensation NYT New York THE stock market swings up and down, yet executive pay seems to go only higher. Rising executive compensation has
        NYT; PHOTO: STOCK.XCHNG  -  917 words
      • Article
        Lock icon BROKERS' TAKE Population White Paper
        746 30 / 31  -  Compiled by Cai Haoxiang DBS Group Research Jan 18 THE Singapore Population White Paper to be released soon will draw great interest. Firstly, this should set the stage for Singapore’s Concept Plan and subsequently, the Masterplan. Secondly, we expect details of the population planning parameter,
        746 words
      • Article, Illustration
        Lock icon This will be the year of equities
        938 32  -  Valuations are still very attractive and there is going to be a surge in liquidity, says Franklin Templeton Genevieve Cua gen@sph.com.sg Personal Finance Editor GLOBALequitymarkets should f are we ll t hi s year, as stocks remain undervalued despite the rally in the
        PHOTO: AFP  -  938 words
      • Article, Illustration
        Lock icon When to sell
        1268 33  -  In a bull phase, investors must decide how long to hold so as not to leave too much on the table, and yet not be exposed to a sudden reversal in the market SHOW ME THE MONEY Teh Hooi Ling hooiling@sph.com.sg Senior Correspondent ~The writer is a
        PHOTO: STOCK.XCHNG  -  1,268 words
    • WEALTH REAL ESTATE
      • Article
        Lock icon Hammerson-Westfield’s £ib London project
        531 34 They join hands to merge Croydon’s Centrale mall with Whitgift Centre, build commercial and residential properties Bloomberg Berlin HAMMERSON plc and Westfield Group have formed a venture to rebuild part of the English town of Croydon in south London in a project valued at about £1
        Bloomberg  -  531 words
      • Article
        Lock icon Househunt
        572 34 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN DEC 19 AND DEC 25, 2012 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED V On Shenton Apt 19/12/2012 99 1528 3301 2159 District 5 LANDED Pasir Panjang Rd
        572 words
      • Article, Illustration
        Lock icon Prices of new China homes up in December
        638 35 Rising figures in more cities bring back fears of new curbs on property market Bloomberg Shanghai CHINA’S new home prices rose in December in the most cities in 20 months, renewing concerns that the government may issue new tightening measures. Prices climbed
        Bloomberg; PHOTO: REUTERS  -  638 words
      • Article
        Lock icon Sony to sell US headquarters for US$1.lb
        595 35 Bloomberg Seattle SONY Corp’s US unit said that it agreed to sell its 37-storey New York headquarters to investors led by the Chetrit Group for US$1.1 billion. Sony said that it expects the sale of 550 Madison Ave to generate net cash proceeds
        Bloomberg  -  595 words
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      Lock icon Page 36 Advertisements Column 1
      27 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
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      Lock icon Page 1 Advertisements Column 1
      65 1 LivingBTTHE BUSINESS TIMES WEEKEND JANUARY 19 -20 2013 DINING Off-the-bitten path snacks L7-8 NOUVEAU JAPANESE New-concept outlets wow while established players stick to classics L2-6 CEO'S HAWKER CHOICES 2013 The best prawn noodles in town L10-12 PHOTO: SUSHI AIRWAYS GADGETS Dream audio on the go L13 STYLE Chanel's homage to
      65 words
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  • BT Living
    • DINING
      • Article, Illustration
        Lock icon Nouveau Japanese
        580 2 / 3  -  Worried you’ll tire of Japanese food with the surge of new restaurants? Not a chance, with the latest crop of modern eateries bent on keeping things fresh. By Debbie Yong By Debbie Yong debyong@sph.com.sg IF 2012 was the year of Spanish food, 2013 is quickly shaping up to
        PHOTOS: DEBBIE YONG  -  580 words
      • Article
        Lock icon Hip new post-war ramen bar
        611 2 / 3 Mariko’s 4 Jiak Chuan RoadZ6221 8262 Hours: 12pm-midnight (Mon-Thu), 12pm-1am (Fri-Sat): opens next Fri (Feb 25) WHEN it comes to Keong Saik’s sordid past, most of the hipsters who trawl the area’s fashionable eateries and cocktail bars today either know nothing about it, don’t think
        611 words
      • Article, Illustration
        Lock icon Taking off with a sushi flightplan
        1032 2 / 3 Sushi Airways 20A Baghdad StreetZ6291 1151 Hours: 12pm-2.30pm and 6pm-10.30pm (Mon-Sun) THEME restaurants have so far proven a rather hit-and-miss business in Singapore, but that hasn’t stopped Sushi Airways from getting on board. The month-old restaurant sited along the main Kampong Glam thoroughfare is
        menu.PHOTO: SUSHI AIRWAYS; PHOTOS: MAKI SAN  -  1,032 words
      • Article, Illustration
        Lock icon Innovative creations
        444 4 / 5 Tanuki 181 Orchard Road, #02-03 Orchard CentralZ6636 5949 Hours: 11.30am to 10.30pm daily HE first established a reputation with his standing sushi bar concept, but now even that has become a pigeonhole that Howard Lo wants to break out of. The Asian American’s latest restaurant is the month-old
        PHOTOS: DEBBIE YONG  -  444 words
      • Article, Illustration
        Lock icon Other new and incoming Japanese restaurants
        734 4 / 5 Yoyogi 200 Turf Club Road #01-12 The GrandstandZ6468 8826 Hours: 11.30am-2.30pm, 6pm-10.30pm Closed Mon While newcomers try to make a mark by importing native Japanese chefs with impressive resumes, local chef Edwin Tan has been winning back regular customers with his value-for-money Japanese cuisine.
        PHOTOS: EZOCA, SUSHI MITSUYA  -  734 words
      • Article, Illustration
        Lock icon Old guard bank on classics
        1249 4 / 5  -  New Japanese concepts may be all the rage, but where does that leave traditional sushi restaurants that have been around for years? Jaime Ee looks at how three established eateries are holding up against the competition Jaime Ee jaime@sph.com.sg Nogawa Restaurant, #03-25 Concorde Hotel, 100
        PHOTOS: JAIME EE, FILE; FILE PHOTO  -  1,249 words
      • Article, Illustration
        Lock icon New take on old favourites
        1474 7  -  With Chinese New Year just three weeks away, restaurants and bakeries in Singapore are going all out to show off their inventiveness with the traditional goodies served during this festive season. BT Weekend takes first bites By Debbie Yong debyong@sph.com.sg By Jaime Ee jaime@sph.com.sg By
        PHOTOS OF HOME'S FAVOURITE AND BONHEUR PATISSERIE BY ARTHUR LEE  -  1,474 words
    • Article, Illustration
      Lock icon A tribute to 1932
      591 9  -  Chanel pays homage to Coco’s fine jewellery collection with new interpretations of beloved pieces. By Cheah Ui-Hoon By Cheah Ui-Hoon uihoon@sph.com.sg WITH a heritage as rich as Chanel’s, there’s no shortage of inspiration, it seems. Eighty years after Gabrielle “Coco” Chanel created the fashion house’s fine
      591 words
    • CEOS' HAWKER CHOICES 2013
      • Article, Illustration
        Lock icon Hearty staple
        2699 10 / 11  -  With its robust brew of meaty pork ribs and prawn shells, Hokkien prawn noodles are a hearty mainstay of local hawker food. Whether eaten with plump yellow noodles in soup or tossed in a spicy chilli mix, every aficionado has an opinion on where to get the best
        ALL PHOTOS BY YEN MENG JIIN  -  2,699 words
      • Article, Illustration
        Lock icon Perks of prawn noodles
        564 12  -  By Tan Teck Heng btnews@sph.com.sg Pat Law Founder of GOODSTUPH WITH her snazzy dress sense and ever-changing hair colour, Pat Law looks every bit the bad girl of Singapore’s creative industry. She makes no bones about her edgy views on everything from our culture (or lack
        PHOTO: YEN MENG JIIN  -  564 words
    • GADGETS
      • Article, Illustration
        Lock icon Dream audio on the go
        814 13  -  What do you get when you put Sennheiser’s top in-ear headphones, Sony’s new headphone amplifier, and an iPhone 5 together? Ridiculously good sound that’s good to go. By Christopher Lim limchris@sph.com.sg Sennheiser IE 800 $1,139 Many over-the-ear headphones have crossed the psychological four-digit price threshold
        814 words
    • DESIGN
      • Article, Illustration
        Lock icon New Year centrepieces
        789 14 / 15  -  What’s Chinese New Year without visiting friends and family? And the last thing you want is for visitors to think you have a shabby home. Our pick of cool items to have this year will have visitors going ooh and aah, and they may just forget about
        789 words
    • SPORT
      • Article, Illustration
        Lock icon United seek revenge at Spurs
        648 16  -  no holds barred Lee U-Wen leeuwen@sph.com.sg Correspondent OF all the three league matches that Manchester United manager Alex Ferguson has lost this season, it is the one at the club’s ld Trafford stadium that perhaps rankles him the most. Winning games, especially at home, are
        PHOTO: AFP  -  648 words
      • Article
        Lock icon Halcyon days for Aussie tennis a thing of the past
        690 16  -  grand slam with colette wong GLORIOUS blue skies and warm temperatures greeted thousands of spectators on Monday as the Australian Open began in earnest. There was a real buzz across Melbourne Park as tennis fans made their way through the
        690 words
    • GOLF
      • Article, Illustration
        Lock icon Green Fairways gets reboot
        1186 17  -  New owners have wasted no time in tweaking and upgrading the facilities. By Justine Moss btnews@sph.com.sg WINNING the tender of the former Green Fairways site by Champions Golf Pte Ltd has, ironically, in some way come “full circle” for one of the Champions Golf team. Long
        PHOTOS: CHAMPIONS GOLF  -  1,186 words
    • MOTORING
      • Article, Illustration
        Lock icon Best buys in Cat B
        651 18  -  What is a good second-hand buy in the COE Category B segment? Samuel Ee looks at some popular used models Samuel Ee samuelee@sph.com.sg COE premiums continue to rise, but the COE quota keeps shrinking, so it looks like new car prices can only go higher.
        651 words
      • Article, Illustration
        Lock icon SMALL BUT SPECIAL
        596 19  -  The new BMW 316i is the first 3 Series to enter COE Category A with a 1.6-litre unit. By Samuel Ee By Samuel Ee samuelee@sph.com.sg THE BMW 316i is finally here and you can almost see the thought bubble above some people’s heads: “Will it be Singapore’s
        596 words
      • Article, Illustration
        Lock icon Crossover to Cat A
        509 20  -  VW Tiguan’s 1.4-litre twincharged engine would catch the attention of prospective buyers. By Samuel Ee samuelee@sph.com.sg IT may be getting older, and its styling is starting to date slightly. But the Volkswagen Tiguan still has one feature that should make prospective buyers’ eyes widen and take
        509 words
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      Lock icon Page 6 Advertisements Column 1
      860 6 wine&dine with BTWeekend Peach Blossoms Level 5, Marina Mandarin Singapore 6 Raffles BoulevardZ 6845 1118 Auspicious Beginnings, Till Feb 24, 2013 Celebrate the year of the Snake with a plethora of dining offers. Usher in good health, prosperity and good fortune at Peach Blossoms as Chinese Executive Chef Chan Shun
      860 words
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      74 10 / 11 YOUR CONSTANT IN TIME OF CHANGE Knight Frank Knight Frank Office Leasing Team offers expert real estate services for all commercial matters relating to office occupation. These services include relocation, expansion, consolidation, lease renewal or restructuring and rent review negotiations. Call Knight Frank Office Team at 6228 6889 or visit
      74 words
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