The Business Times, 1 March 2013

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Total Pages: 38
1 38 The Business Times
  • 24 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Friday, March 1,2013
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  • 1128 1  -  24% average hike in commercial use DC rates while those for hotel use rise 26% By KALPANA RASHIWALA [SINGAPORE] The government has increased development charge (DC) rates by a staggering 24 per cent on average for commercial use and 26 per cent for
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  • 674 1  -  By LEON HADAR in Washington IT would not amount to the End of the World as We Know it. And contrary to the warnings of the doomsayers, the American economy would probably not slide into a new recession. But if the White House
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  • MARKETS DIGEST
    • 65 1 GST INDEX 3,269.95 (+8.83) GST INDEX FUTURES 3,264.00 (+3.00) GSIMSCI 369.09 (+1.56) GSIMSCI FUTURES 369.20 (+1.50) USS 5$ USS (SS per U5S) 1.236 (USS/SS per 1.517 1.874 EURO (U5$/SS/€) 1.315 1.624 Foreign currency per USS SS YEN 92.30 74.70 RM 3.091 2,501 HK5 7.757 6.277 BAHT 29.75 24.07 RUPIAH
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    • 49 1 Thursday Change KL COMP 1,637.63 +13.49 NIKKEI 225 11.559.56 -*■305,39 HANG SENG 23.020.27 *443.26 SET INDEX 1,541,58 +23.53 JAKARTA COMP 4.795 79 +79,37 MANILA COMP 6,721.45 +105.18 SEOUL COMP 2,026.49 +22.45 SHENZHEN B 843.53 +29,66 MUMBAI IND 18,861.54 -290.87 11am EST Change DOW 14.067,55 -7.82 NASDAQ 3,165.18 +2.93
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    • 31 1 SINGAPORE 5.38 MALAYSIA 6.S5 HONG KONG 5.00 INDONESIA 13.233 TAIWAN S.036 JAPAN t .475 KOREA 9.33 BRITAIN o.so US 3,25 CANADA 3.00 SWIT7ER1 AND 0,50 INDIA 14.45 Source: Bloomberg
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  • Page 1 Advertisements
    • 170 1 ARTS Classic her-dunnit STARHUB New CEO, new allies PAGE 3 COMPANIES Q4 profits mostly in line with forecasts PAGE 4 PAGE 36 EXECUTIVE LIFESTYLE Designs on the future PAGE 33 BT PROPERTY CLASSIFIEDS BT’s CATS property feature is now available to BTO subscribers. To subscribe to BT Property Classifieds, email
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  • TOP STORIES
    • 599 2  -  Forum panellist: It’s like a minimum wage with no link to productivity growth By NISHA RAMCHANDANI, TEH SHI NING [SINGAPORE] The Wage Credit Scheme (WCS) runs the risk of further pushing up expenses for companies, already struggling with higher costs, without bringing about an
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    • 755 2  -  By in ANTHONY ROWLEY in Tokyo JAPANESE Prime Minister Shinzo Abe yesterday nominated Asian Development Bank president Haruhiko Kuroda as prospective new governor of the Bank of Japan (BOJ), which is expected to work more closely with the government in overcoming long-running
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    • 525 2 Commercial, hotel use DC rates climb steeply THE government has increased development charge rates by a staggering 24 per cent on average for commercial use and 26 per cent for hotel use. The average rate hikes for these two use groups were much higher than predicted by consultants.
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    • 735 2  -  By GRACE LEONG THE man at the centre of a $240,868 gambling debt case took the stand yesterday and appeared to end up getting caught out by his own testimony. While cross-examining Lester Ong Boon Lin, lawyers for Marina Bay Sands (MBS)
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    • 525 2 Reu ters [NEW DELHI] India unveiled new taxes on the rich and large companies yesterday to fund higher-than-ex-pected spending for the next fiscal year, in a Budget that aimed to revive growth amid the country’s worst slowdown in a decade ahead of a 2014
      Reuters; PHOTO: REUTERS  -  525 words
    • 457 2  -  By MALMINDERJIT SINGH [SINGAPORE] Bilateral trade in goods between the US and Singapore has risen 60 per cent over the past decade to more than US$50 billion last year, underlining the benefits of the US-Singapore Free Trade Agreement (USSFTA) since it came
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    • 829 3  -  Even as he considers future, it’s today’s challenges that are most pressing By JOYCE HOOI [SINGAPORE] StarHub has a new CEO, and soon it will make new friends. Tan Tong Hai, who takes over the helm of the telco today, indicated that partnerships are going
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    • 784 3  -  First industry-wide benchmark produced for sector By LYNN KAN [SINGAPORE] The Republic’s accountancy sector has plugged a gap in its productivity drive with the first in-dustry-wide productivity benchmark. The Institute of Certified Public Accountants Singapore (ICPAS) and SAP, which produced the benchmark, intends to publish it at
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  • Page 2 Advertisements


  • COMPANY NEWS
    • 1025 4  -  They beat consensus estimates by 5% against 6% miss for Asia Pac ex-Japan By KENNETH LIM SINGAPORE companies reported fourth-quarter earnings that were mostly in line with forecasts, and 2013 is expected to be more muted amid the country’s economic restructuring, analysts said.
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    • 360 4  -  By CAI HAOXIANG STRACO Corporation, a developer and operator of China tourism attractions, posted a 46.6 per cent increase in fourth quarter net profit to $3.15 million. For the full year 2012, net profit was at a record $19.7 million, up
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    • 357 4  -  By CARINE LEE H O B ee I n ves t m e n t s fourth-quarter net profit attributable to shareholders d i pp e d 0 3 p er cen t year-on-year to $66.88 million. Profit from continuing operations slipped
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    • 278 4 CLOSING PRICES* (EXCLUDING ACCRUED INTEREST) GROSS REDEMPTION YIELD ($m) NUMBER OF DAYS OF ACCRUED INTEREST INTEREST PAYMENT DATES AMOUNT ($m) COUPON RATE GROSS YEAR RAISED ISIN CODE MATURITY DATE 01.04.2013 N*****0V 2008 1 5/8 5200.00 1/10 1/4 150 100.11 0.37
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    • 767 4  -  By MINDY TAN CITY Developments Ltd (CDL), which posted its fourth-quarter and fullyear financial results yesterday, has urged the government to review its Qualifying Certificate (QC) policy governing the purchase of residential land. In particular, it hopes the authority will reconsider the
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    • 442 4  -  By RONNIE LIM ROTARY Engineering continues to be in the red, beset by problems with its tank farm project for Saudi Aramco Total Refining Petrochemical Co (Satorp) in Saudi Arabia. The specialist oil-and-gas contractor reported a Q4 2012
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    • 602 6  -  Group’s full-year profit rises 19% to $807.7m; revenue down 42% to 1.1b By FELDA CHAY UOL Group, which yesterday posted a 19 per cent rise in full-year net profit to $807.7 million, said it expected demand and prices for residential property to fall in
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    • 503 6  -  US$53.6m bottom line is down 93% from a year ago By ANDREA SOH GOLDEN Agri-Resources’ fourth-quarter profit plunged 93 per cent as it took a hit from weaker palm oil prices. Net profit attributable to shareholders was US$53.6 million, from
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    • 225 6  -  By MA XIANGYU CHINA Aviation Oil (Singapore) Corporation posted a more than three-fold jump in fourth-quarter net profit to US$18.15 million from US$5.69 million a year ago. Revenue for the three months ended Dec 31, 2012 more than doubled to US$4.41 billion from
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    • 398 10  -  Non-trading loss drags on profit; US$1.05 dividend declared By TEO SI JIA A NET non-trading loss has pulled Jardine Cycle Carriage’s full-year net profit 4 per cent lower to US$987.0 million, from US$1.03 billion previously. The profit attributable to shareholders for FY2012 translated
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    • 405 10  -  By LIM JIA YING MANAGER and developer of premium resorts, hotels and spas Banyan Tree Holdings posted a recovery in its fourth quarter, reversing the loss reported in its third quarter. Net profit was up more than three-fold at $5 million, from
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    • COMPANY BRIEFS
      • 68 10 SEMBCORP Marine’s subsidiary PPL Shipyard has received a US$208 million contract to build a second Pacific Class 400 jack-up rig from Perisai (L) Inc, a wholly owned subsidiary of Perisai Petroleum Teknologi Bhd. The rig is scheduled for delivery in the second quarter of
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      • 62 10 ADVENTUS Holdings announced yesterday that its chief financial officer Gavin Mark McIntyre has resigned with immediate effect to pursue other career opportunities. The company will search for a suitable candidate to fill the vacant position. In the interim, Chang Chiat Cert, who is the group
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      • 99 10 MALAYSIAN-based shipbuilder Nam Cheong said yesterday that it had signed contracts worth US$130 million for the sale of four multi-purpose platform support vessels (MPSV). The contracts are with Bumi Armada’s wholly owned Armada Offshore MPSV. The four 88.8m-long ABS Class MPSVs of 5,000
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      • 122 10 THE joint-venuture automotive business Yoma Strategic Holdings incorporated two weeks ago has made its first move with the proposed acquisition of German Car Industries Company. The group will foot its share of the US$700,000 transaction to be made via its 70 per cent-owned
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    • 718 11  -  HOCK LOCK SIEW By R SIVANITHY THE ink had barely dried on the Singapore Exchange (SGX) announcement of a new committee to revamp its listing rules than the knives were out. Critics charged a short while later that the exchange had not
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    • 296 11  -  By VEN SREENIVASAN TIGER Airways Holdings said it will not seek a new CEO to replace outgoing Tiger Australia chief executive Andrew David, and will appoint an interim CEO from within its ranks. Mr David, who tendered his resignation in December last
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    • 283 11 Bloomberg [HONG KONG] Noble Group Ltd, Asia’s biggest commodity trader by sales, said fourth-quarter profit fell 14 per cent as earnings from its agricultural unit dropped. Net income was US$91.2 million in the three months ended Dec 31, from US$105.7 million
      Bloomberg  -  283 words
    • 381 11  -  By VEN SREENIVASAN KINGSMEN Creatives posted a 4.9 per cent year-on-year increase in net profit to $17.12 million for its financial year ended Dec 31, 2012. Revenue for FY 2012 was at $290.31 million, up 11.2 per cent from the previous year’s $261 million. Earnings
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  • Page 5 Advertisements
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  • Page 6 Advertisements
    • 1186 6 SUBSCRIBE NOW! IPO closes on TUESDAY, 5 MAR 2013 at 12.00 NOON MAPLETREE GREATER CHINA COMMERCIAL TRUST (a real estate investment trust constituted on 14 February 2013 under the laws of the Republic of Singapore) Managed by Mapletree Greater China Commercial Trust Management Ltd. mapleiree greater china commercial i n
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  • SINGAPORE MARKETS
    • 579 8  -  ST Index descends from intraday high; penny stocks remain the trading focus STOCKS R SIVANITHY Senior Correspondent THE local stock market initially looked like posting a resoundingly positive response to Wall Street’s Wednesday rise yesterday but the Straits Times Index (STI), which at its
      Source: Bloomberg  -  579 words
    • 73 8 Feb 28 VALUE CLOSE BT OB/OS -124.00 -13.00 BT CADI -*****.00 +12.00 BT 10-day MA -*****.00 -12.00 FTSE ST Mid Cap 814.82 +2.83 FTSE ST Small Cap 574.09 +2.28 FTSE ST All Share 806.94 +2.34 FTSE ST China Top 226.08 +1.20 FTSE ST China 258.07 +1.59 FTSE
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    • 52 8 VOLUME Cedar 1,188,247,000 YHM 680,690,000 Equation 482,066,000 EastgateTech 459,208,000 Elektromotive 440,456,000 TopGlobal 263,611,000 ICP 156,590,000 CarrierNet 138,580,000 ChinaNTown 118,321,000 Annica 108,729,000 VALUE($) SingTel 156,139,410 GLP 138,592,501 UOB 97,829,380 DBS Grp 72,381,522 Genting SP 53,369,735 Keppel Corp 47,928,550 Thai Beverage 44,939,355 OCBC Bk 42,890,130 Golden Agri 38,057,230 CapitaLand
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 3 4 0 0 0 7 3 4 Manufacturing 47 68 41 13 5 8 60 73 49 Commerce 24 32 12 8 3 3 32 35 15 Tpt/Stor/Comms 15 13 13
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    • 123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 62,139 62,139 85,926 85,926 Manufacturing 1,259,920 2,837,937 4,097,857 278,725 53,763 332,488 Commerce 293,974 107,689 401,663 110,078 8,521 118,599 Tpt/Stor/Comms 172,769 14,371 187,140 263,975 5,197 269,172 Finance 92,444 1,053 93,497 252,053 354 252,407 Construction 431,250 681,212
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    • 1031 8  -  Compiled by KENNETH LIM Super Group Feb 28 close: $3.77 AmFraser Resarch, Feb 28 SUPER delivered $79 million of Patmi (profit after tax and minority interests) in FY2012, exceeding our estimate of $75.2 million by 5.1 per cent. Between the two segments, branded consumer (BC) and food ingredients
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    • 110 8 Stock name Close Change CapMallsAsia 2.080 +0.020 CapitaLand 3.910 +0.050 CapitaMall 2.150 +0.010 CityDev 11.170 +0.040 ComfortDelGro 1.920 +0.020 DBS Grp 15.110 +0.010 F&N 9.440 GLP 2.540 -0.020 Genting SP 1.575 +0.040 Golden Agri 0.650 +0.015 HK Land 7.730 +0.050 IHH Healthcare 1.345 JMH 63.320 -0.810
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    • 459 8 CURRENCIES Reuters [LONDON] The euro fell against the US dollar and yen yesterday, with investors and speculators cautious about buying the single currency given political deadlock in Italy. Strategists said month-end flows meant that trade could be choppy, but any gains in the euro
      Reuters; PHOTO: REUTERS  -  459 words
    • 111 8 BY CENTS CLOSE UP DBXT MSJAP 10US$ 3966 112.5 2.3 DBXT FTVietnam 10US$ 2518 75.4 2.5 DBXT FTChina25 10US$ 2929 55.6 1.6 DBXT MSINDO 10us$ 1695 55.6 2.7 Lyxor China H 10US$ 1495 47.0 2.6 Jardine C&C 5160 44.0 0.9 DBXT CSI300 10US$ 840 38.3 3.8 Haw Par Corp
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    • 125 8 BY CENTS CLOSE DOWN GLD 10US$ ***** -185.4 -1.0 DBXT Nifty 10US$ ***** -132.2 -1.0 JMH 6332 -100.1 -1.3 DBXT S&P Short 10US$ 3264 -64.3 -1.6 Hyflux 6% CPS 10 ***** -26.0 -0.2 UOB 5.05%NCPS 100 ***** -20.0 -0.2 IS MS India 100US$ 622 -18.5 -2.4 UOB 1908 -12.0
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    • 5 8 DAILY
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  • Page 9 Advertisements
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  • Page 10 Advertisements
    • 1318 10 full year results 2012 Dear Shareholders The board of directors of Noble Group Limited is pleased to present below the audited consolidated financial results for the year ended 31 December 2012 together with corresponding results for the year 2011. Revenue for the year totalled US$94 billion, an increase of 16%
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  • Page 11 Advertisements
    • 116 11 SK^&ApoCfc CABLE CAR jaWlj 3SK5 c Promotion period from: 1 March 31 May 2013 For enquiries, please call 6377 9688 or visit www.SingaporeCableCar.com.sg/promotions Like us at ‘SingaporeCableCar’ 109 Mount Faber Road, Singapore *****3 Participating Merchants ©DBS $POSB lltUC National Trades Union Congress JT T r LY r rJ r r
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  • SINGAPORE NEWS
    • 542 12  -  But analysts expect rate to slow this year as property, car loans are curtailed By TEH SHI NING SINGAPORE’S bank lending picked up in January, as loans to businesses and consumers grew 18.3 per cent from a year ago, a faster clip than
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    • 445 12  -  By RONNIE LIM PETROCHEMICAL Corporation of Singapore which is currently adding a US$100-150 million new downstream plant is studying several other mid to long-term projects to boost the complex’s competitiveness, managing director Akira Yonemura said in PCS’s management directions for 2013. Stating this in an
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    • 398 12  -  They should adhere to fair employment practices: Asme chief By BENJAMIN AW SMALL and medium enterprises (SMEs) need to “step up their game”, look seriously at their human resource practices and adhere to fair employment practices to gain an edge in today’s business
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    • 157 12  - $10m SingPost inclusivity fund to help lower income staff By AMANDA TAN SINGPOST is setting up a $10 million inclusivity fund that will benefit lower-in-come staff. The SingPost Inclusivity Fund was launched yesterday by Minister for Communications and Information Yaacob Ibrahim. About 70 per cent of the fund will be
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    • 520 12  -  Average fund under the scheme earned 10.35% return in ’12 By CAI HAOXIANG SINGAPORE investors who put their Central Provident Fund (CPF) monies into the roughly 300 CPF-approved investment funds last year would have much to cheer about. The average fund under the
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    • 415 12  -  By GRACE LEONG A LAWSUIT between former partners AMW Park Regis Singapore and Royal Brothers Group co-founder Asok Kumar Naraindas was settled out of court yesterday after five days of trial. The terms of the settlement were not disclosed. AMW, in a joint statement
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  • Page 12 Advertisements
    • 169 12 OFFSHORE ASIA: 6-8 MARCH 2013 Kuala Lumpur Convention Centre (KLCC) Kuala Lumpur Malaysia INVESTING IN ASIA’S ENERGY FUTURE The annual Offshore Asia Conference Exhibition remains the leading source of information on new technology and operating expertise for the Asia-Pacific region.The three-day conference will explore emerging trends and current solutions facing
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    • 70 12 PRIME BUNGALOWS D10, Holland Rise GCB Area Land 15,090 sf, FH, 6+2 with pool Excellent condition, near Holland Village Expression of Interest Closing: 6 Mar 2013 (Wed) at 3pm D15, Meyer Road, ideal for redevelopment Land 25,525 sf, FH, Zoned 2-sty bungalows Rectangular level site Near Parkway Parade East Coast
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    • 54 12 Announcement Of Exclusive Distributorship Neurobky Neurosky, Inc USA has appointed Maxmind Corporation Pte Ltd as the exclusive distributor in ASEAN region for the sales of Neuro feedback devices, the future of Brain Computer Interfacing Technology. Maxm nd Maxmind Corporation Pte Ltd (*****8866N) 239 Joo Chiat Road S*****6 Tel: 6346 5512
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  • MALAYSIA/INDONESIA
    • 395 13 Move marks shift away from process that was subject to bid at manipulation Reuters [KUALA LUMPUR] Malaysia’s central bank moved yesterday to tighten rules on the fixing of onshore reference rates for the ringgit currency and “enhance the quality and integrity” of
      Reuters; PHOTO: BLOOMBERG  -  395 words
    • 386 13  -  By S JAYASANKARAN in Kuala Lumpur WHILE acknowledging the group’s long-term growth prospects, analysts feel that IHH Healthcare’s share price may have run ahead of the company’s fundamentals. As one of the largest global integrated healthcare providers, IHH has 4,900 beds in
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    • 433 13  -  By PAULINE NG in Kuala Lumpur MALAYSIA will reduce import duties on Japanese and Australian made cars to zero by 2016, a move analysts said would have only a slight effect since excise taxes comprise a much bigger component of the overall structure and that
      433 words
    • 175 13 Bloomberg [JAKARTA] Indonesia plans to crack down on tax evaders, boost the number of collectors, and is studying new debt rules to shore up state revenue as slower global growth hurts its budget, the nation’s tax chief said. The tax office will conduct
      Bloomberg  -  175 words
  • Page 13 Advertisements
    • 120 13 gorbon grill 50 YEARS OF CUUMUY EXCELLENCE J HI S VJ v> -:V ter. Wm n 'N r m (*C 50th Anniversary Weekend Roast Lunch This stalwart of Singapore's dining scene celebrates 50 golden years. Join us on Saturdays and Sundays from 2 March to 28 July. Menu highlights: Meat
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  • GREATER CHINA/INDIA
    • 812 14 New curbs expected as investors fear prices will outpace expectations Reuters [BEIJING] China’s property market is rife with speculation both about rising house prices and about what the new government may do to curb them once it takes office next week.
      Reuters; PHOTO: REUTERS  -  812 words
    • 488 14  -  By JEFF PAO EJ In sight [HONG KONG] China is likely to pursue its strategy to boost the growth of the credit card industry in 2013 to support fast-grow-ing domestic consumption as the overdue loan ratio of lenders’ credit card businesses remained steady last
      EJ Insight  -  488 words
    • 300 14 AFP [NEW DELHI] India’s government yesterday earmarked US$1.9 billion for a populist programme to combat malnutrition, a move seen as a major vote winner for the ruling Congress party in elections next year. The National Food Security Bill, expected to be cleared
      AFP  -  300 words
    • 244 14 AFP [BERLIN] China has overtaken Japan in terms of its share of global IT spending, German IT industry organisation BITKOM said on Wednesday, ahead of the CeBIT, the world’s biggest high-tech trade fair. Global IT spending is poised to rise by 5.1 per
      AFP  -  244 words
  • Page 14 Advertisements
    • 110 14 U always! like us on D facebook/ufmlOOS follow us on twitter@ufml003 www.uf m1003.sg UFM 100.3 ss sisk eJB If O U SHINE Take a step back. Reflect on life. As we get caught up in the hustle and bustle of daily life, let’s pause to be thankful for all that
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    • 90 14 Wine, Dine Hospitality Highlights WEEK ENDS. Indulgence begins. Laze, graze, forget week days. Gourmets can now give themselves over to pure culinary pleasure all weekend long at Conrad Centennial Singapore. Afternoon Delight Lobby Lounge $45++ per person* 1pm to 5pm (avail. Sat Sun) Oscar's Sunday Amazing Graze $78++ $148++ per
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  • ECONOMY WATCH
    • 898 15 Models suggest unit overvalued, but not substantially so, says bank’s document Bloomberg [SYDNEY] The Reserve Bank of Australia said the country’s currency is held by as many as 34 central banks from Reykjavik to Santiago, and models suggested that the Aussie
      Bloomberg; PHOTO: BLOOMBERG  -  898 words
    • 609 15 WP [LONDON] Britain’s economy shrank in the fourth quarter as exports fell and an uncertain outlook depressed company investment. Gross domestic product declined 0.3 per cent from the three months through September, with net trade knocking 0.1 percentage point from
      WP  -  609 words
  • Page 15 Advertisements
    • 283 15 Congratulations! Ali, Wajahat Aymen de Lageard, Ludovic Back, WoonGyu Beniwal, Mahesh Bridge, Thomas Chua Cheng Hoon Dale, Richard Colegate III Daniels, Joseph Arthur Dehari, Mitsutaka Dodd, Toby Charles Eggett, Bryant James Elie, Mathieu Foo Wen Yun Goh, Noeleen Guitana, Yady Hartono, Roberto Setiabudi Havard, Frederic tothegraduating classof 2013 AsiaCampus Kwon,
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  • WORLD
    • 518 16 Economy grew at 0.1 rate in Q4, weakest in nearly two years Consumer spending, business investment accelerated at the end of last year LATEST US DATA AP [WASHINGTON] The US economy grew at a 0.1 per cent annual rate from October through December, the weakest performance in nearly two years.
      AP  -  518 words
    • 926 16 Reuters [PARIS] Austerity opponents from Athens to Paris say Italy’s election stalemate is proof that Europe’s voters have had enough of the painful spending cuts that Germany and its northern allies prescribe for their less fortunate neighbours. While the outcome will not persuade
      Reuters; PHOTO: REUTERS  -  926 words
    • 350 16 Bloomberg [STOCKHOLM] Four years after being dragged through the Baltic region’s property bust, Sweden’s banks are ready to expand in the former Soviet countries, this time with surplus cash that far exceeds their regulator’s requirements. “It’s good news for the Baltics that the
      Bloomberg  -  350 words
    • 781 16 Reuters [NEW YORK] The US jobless rate is unlikely to reach more normal levels for several years, Federal Reserve chairman Ben Bernanke told Congress on Wednesday as he again defended the central bank’s forceful easing of monetary policy. Appearing before a
      Reuters  -  781 words
    • 931 17 Backing of majority of EU states needed to finalise provisional deal Reuters [BRUSSELS] Bankers in Europe face a cap on bonuses as early as next year, following agreement in Brussels yesterday to introduce what would be the world’s strictest pay curbs,
      Reuters; PHOTO: AP  -  931 words
    • 750 17 But new EU curbs on pay may cool consumption Reuters [LONDON] It’s all go at Peter Stratford’s Aston Martin dealership here. “There is more money than there was before,” he said, pointing to a recent £1 million (S$1.9 million) sale. “Aston Martin prices have
      Reuters  -  750 words
    • 363 18 US, China top rich list with 408 and 317; Mexican Carlos Slim is wealthiest AFP [BEIJING] Asia has more billionaires than any other continent, followed by North America and Europe, according to a survey by a China-based wealth magazine released yesterday. There
      AFP  -  363 words
    • 762 18 Gulf sukuk volumes may hit a record of US$35b this year NYT [DUBAI] Sukuk, or Islamic bonds, have long been popular with investors in the Middle East. Now they are being discovered in Europe and the United States. When the Dubai government issued a
      NYT; PHOTO: REUTERS  -  762 words
    • 427 18 AP [FRANKFURT, Germany] European Central Bank president Mario Draghi has acknowledged that austerity measures and economic reforms can have heavy social costs but argues that they are the way to a fairer society because they can reduce injustices such as widespread youth unemployment. Mr Draghi’s
      AP  -  427 words
    • 662 18 Economists expect central bank to keep interest rates on hold in the coming months Reuters [BANGKOK] Thailand’s economy remains solid as domestic demand expands, offsetting the impact of soft global demand on factory output and exports, and economists say that the central bank
      Reuters  -  662 words
    • 541 19 A further £1.1b set aside to compensate clients wrongly sold insurance swaps Bloomberg [LONDON] Royal Bank of Scotland Group plc, Britain’s biggest taxpayerowned lender, posted a wider full-year loss after it set aside a further £1.1 billion (S$2.1 billion) to compensate clients wrongly sold
      Bloomberg  -  541 words
    • 765 19 Reuters [LONDON] A British exit from the European Union would be a historic blunder that would dilute the country’s clout in the same way as the Suez crisis did, the most pro-European Conservative minister in Britain’s government says. Prime Minister David
      Reuters; PHOTO: AFP  -  765 words
    • 467 19 AFP [LONDON] British Prime Minister David Cameron said on Wednesday that his government needed to slash the deficit “further and faster” after Moody’s ratings agency stripped the country of its cherished top-level AAA credit rating. The comments sparked fresh speculation that Finance
      AFP  -  467 words
    • 890 20 Its new Android software Knox protects users from malware, says giant NYT [BARCELONA, Spain] Samsung Electronics, which continues to vex Apple, now has another target: the BlackBerry. Samsung’s smartphones have been best-sellers all over the world, but the company has been,
      NYT; PHOTO: AFP  -  890 words
    • 474 20 Bloomberg [SYDNEY] Rio Tinto Group, the world’s second-biggest mining company, has named Christopher Lynch, a former BHP Billiton Ltd executive, as chief financial officer to replace Guy Elliott, who announced his retirement last July. Mr Lynch, 59, was CFO at
      Bloomberg  -  474 words
  • Page 16 Advertisements
    • 70 16 Form 69(3) (Rule 91) NOTICE OF INTENDED DIVIDEND TO CREDITORS Name of company Zentek Technology Singapore Pte Ltd (In Creditors’ Voluntary Liquidation) (Company Registration No. *****1398G) Address of registered office 317 Outram Road, #02-47 Singapore *****5 Court High Court of Singapore Last day for receiving proofs 15 April 2013 (if
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    • 109 16 V WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ASCENTIAL SOFTWARE SINGAPORE PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION! (Company Registration No. *****4745W) NOTICE OF MEMBER'S VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General
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    • 88 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PYRAMID HILL PROPERTIES PTE LTD (Company Registration No. *****7622N) (IN MEMBERS’ VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that a Final Meeting of the above named Company will be held at 30 Hill
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    • 224 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CREATIVE TOURS (SINGAPORE) PTE LTD Company Registration No. *****1221G (IN MEMBERS’VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of The Companies Act, Chapter 50, that the Final Meeting of the members of the abovenamed
      224 words
    • 157 16 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTERS OF 1.RILEY PATERSON INVESTMENT MANAGEMENT PTE. LTD. Reg No. *****1277N 2.RILEY PATERSON HOLDINGS PTE. LTD. Reg No. *****0448W (Both in Members’ Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of
      157 words
    • 133 16 YUNG WAH INDUSTRIAL COMPANY (PRIVATE) LIMITED (IN LIQUIDATION) (COMPANY REGISTRATION NO. *****1456Z) The following resolutions were unanimously resolved at the Extraordinary General Meeting of Members of the above company on the 22nd day of February 2013: Special Resolutions 1. "That the company be wound up as a Creditors' Voluntary Winding
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    • 19 16 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices MATS NOTICES CLA/FEB11/g
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  • Page 17 Advertisements
    • 114 17 m v r*-'*>>- r; J<r fi 1 ff- S S' h f 9 Wn.i am. i* > j > > v A'*’ «T* Lee Man Fong, Harijadi Sumadidjaja, Basoeki Abdullah, Le Mayeur, S. Sudjojono, Affandi, A Ruby and Diamon Ring, Agus Suwage MASTERPIECE Singapore (j/mme, Jiffac/erri Gonlcvn/mrary y&t Auction Viewing
      114 words
    • 414 17 Home living wellness aragreens S residences Ara Damansara, Malaysia WCE m it El P= ein B SBkL n» ■:> Tgiicish m V Slffllf I < r First 2 Towers FULLY SOLD! For more information, Hotline: +65 8388 5577 please contact us at: Q r email overseas@orangetee.com or website www.aragreens.com FREEHOLD
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  • Page 18 Advertisements
    • 843 18 WATS NOTICES MAGNUS ENERGY GROUP LTD Company Registration No. *****1375M (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATE Notice is hereby given that the following share certificate has been reported lost, destroyed or mislaid: Name Certificate No. No. of Shares Peter Chen Hing Woon *****4 45,000,000 Notice is also
      843 words
    • 407 18 IN THE MATTER OF THE COMPANIES ACT CAR 50 AND IN THE MATTER OF SUMMIT LOGISTIC CONSULTANCY PTE LTD (In Members’ Voluntary Liquidation) Reg No. *****0567N (“the Company’’) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company duly convened and held on 25 February 2013, the Resolutions set
      407 words

  • Page 19 Advertisements
    • 2337 19 Gimr- il PREMIUM HOTELS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****8650E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Global Premium Hotels Limited will be held on 18 March 2013 at 9.00 a.m. at 168 Changi Road #05-01 (Attic
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  • Page 20 Advertisements
    • 689 20 Amplify Your Brand Business With Strategic Planning Who should attend: Brand owners. Social Media Digital Marketers, Public Relations Practitioners, Business Developers, Sales Managers Personnel, Senior and Middle Management, Supervisors and Jobseekers Tertiary Students looking to develop personal excellence. 2013 MARCH SERIES <//.t* ini/. 6 STJOB No.1 Awarded Best in Cross
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  • AVIATION/SHIPPING
    • 500 21 But Boeing denies any dispute with the Japanese firm about proposed solution Reuters [SAN FRANCISCO] Boeing Co and the Japanese firm that makes lithium-ion batteries for the 787 Dreamliner disagree about what should be included in a package of measures
      Reuters; PHOTO: REUTERS  -  500 words
    • 242 21 SGX '000 Feb 28 S$ +/-Vol CH Offshore 0.49 unch 35 Chuan Hup Hldg 0.29 unch 435 Cosco Corp 0.93 -0.01 1732 CWT Ltd S$ Ezra Hldgs 1.13 0.01 2124 First Ship Lea 0.13 unch 1588 Freight Links Grand Banks unch unch 0 Jaya Hold Ltd Chuan Hup
      242 words
    • 348 21 Bloomberg [LONDON] Hire costs for the biggest oil tankers plying the industry’s busiest trade route fell for a third session amid slowing demand and an ample supply of available vessels in the Persian Gulf. Charter rates for very large crude carriers (VLCCs) on
      Bloomberg; PHOTO: BLOOMBERG  -  348 words
    • 224 21 Reuters [WASHINGTON] Moody’s Investors Service on Wednesday said it revised its 2013 outlook for the US airport sector to stable from negative as the rating agency said it expects the airports to maintain the financial performance achieved last year. Moody’s said the outlook
      Reuters  -  224 words
    • 273 21 Reuters [SHANGHAI] China’s cabinet may soon approve an aircraft engine development programme that will require investment of at least 100 billion yuan (S$19 billion), state-run Xinhua news agency quoted unidentified industry sources as saying. China is determined to reduce its dependency on foreign
      Reuters  -  273 words
  • Page 21 Advertisements
    • 103 21 NOTICE TO TRADE FREIGHT ADJUSTMENT SINGAPORE KOLKATA SECTOR As an economic necessity, rates on the Singapore Kolkata sector will be revised upward by US$1 15 TEU effective 16th March '13. A full recovery of any Bunker adjustment will continue to be levied on top of this increase. SAMUDERA SI UPPING
      103 words
    • 174 21 NOTICE TO TRADE SINGAPORE PORT KLANG TO KOLKATTA Effective voyages on and after 15 March 2013, the following Rate Restoration will be introduced: US$125/TEU ADDITIONAL ON ALL LADEN MOVEMENTS US$200/TEU FIO MINIMUM EMPTY RATE ABOVE SUBIECT TO ANY SURCHARGES APPLICABLE. Advance Container Lines (Pte) Ltd 28 February 2013 NOTICE TO
      174 words
    • 37 21 tablet THE HEARTBEAT OF THE INDIAN COMMUNITY INDIAN SHOPPING GOES UPMARKET New stores sprout in fashionable areas of Singapore o o: Tharman’s budget for ‘quality growth’ GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
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  • EDITORIAL & OPINION
    • 511 22 EDITORIAL EVEN though markets reacted negatively to India’s budget for FY 2013/14 starting on April 1, presented yesterday by Finance Minister Palaniappan Chidambaram, it offers enough to keep international investors as well as the domestic industry happy. Mr Chidambaram has resisted populist impulses without taking
      511 words
    • 800 22  - Off-budget guarantees triple US national debt THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group HOW big is the US national debt? You’d think this would be an easy question. Surely we know how much the government owes. Unfortunately, it’s not that simple. The true national debt could be
      The Washington Post Writers Group  -  800 words
    • 1155 22  -  It’s yet to be seen how PM Abe’s nominee will ‘bed down’ with Japanese finance chiefs ANTHONY ROWLEY Tokyo Correspondent JAPANESE Prime Minister Shinzo Abe’s nomination of Asian Development Bank (ADB) president Haruhiko Kuroda to be the next governor of the Bank
      PHOTO: AFP  -  1,155 words
    • 1581 23  -  More academics are getting excited about this new field that focuses on neural processes in real-world decision-making By ANNA TEO The writer is a senior correspondent with BT MERICA is embarking on a decade-long effort to map activity in the human brain: an undertaking every bit as
      PHOTOS: AP, NYU  -  1,581 words
    • 932 23  -  By SUMEET HEMKAR The writer is director of BMR Advisors in Singapore, which offers a range of tax, risk and M&A advisory services for businesses. WITH yesterday’s Budget being the last full one before the next Indian general election due by April-May 2014,
      PHOTO: AP  -  932 words


  • PROPERTY
    • 535 24  -  Response to Kim Tian, Sengkang West sites will indicate developer sentiment By ONG CHOR HAO THE first Government Land Sales (GLS) sites since the last round of property cooling measures have been put up for sale. And analysts are casting a keen
      Source: URA; Source: HDB  -  535 words
    • 510 24  -  By MINDY TAN RESALE prices of completed private apartments and condos fared slightly better in January compared to December, according to the latest figures from the National University of Singapore. The university’s January flash estimate for the Singapore Residential Price Index (SRPI)
      FILE PHOTO  -  510 words
    • 1062 26  -  Antiques can accentuate a home, whether you plan to make a few antiques the focal point, or target a particular era By AUDRINA GAN ISPLAYING antiques and collectibles in your home can create a visual walk back in time, whether you have a large collection or
      1,062 words
  • Page 24 Advertisements
    • 138 24 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WATS D05 HOUSE FOR SALE PASIR PANJANG D.05 Pasir Panjang Detached house. Only $964psf. 12,973sqft. Suits Developer/ Rebuild Potential. Squarish plot ratio 1.4 D08 HOUSE FOR SALE LAVENDER 2-Storey near Lavender MRT. 3638 sqft 4 bdrm, $7M. Foreigner eligible. http://sgcityhomes.net Dave Teo
      138 words
    • 103 24 D10 HOUSE FOR SALE GARLICK AVENUE Good Class Bungalow *****/ 8000 sqft. 5 rooms 3 study. Lush greenery. Tranquil/ exclusive. Good investment! Carol 9186 0850 DTZ D10 HOUSE FOR SALE MARGOLIOUTH ROAD Margoliouth bungalow 2-storey. 7450/ 5500 sqft. 6 rooms. Wide frontage. Valued $18M. A1 condition. Call Zee Wang 9761
      103 words
    • 98 24 D11 21 HOUSE FOR SALE UNIVERSITY WALK Botanic Gardens MRT. 2-storey Semi-detached Basement. 2675/3000 sqft. 5+1. 99 years. Also for Rent. Wong SL 9735 9936 D11 21 HOUSE FOR SALE VANDA Vanda Nice! Rectangle elevated 2-storey charming bungalow 9500 sf 5+1 Move in /A&A Sherry 9735 3597 D11 21 HOUSE
      98 words
    • 97 24 D14 HOUSE FOR SALE JALAN ISHAK Terrace. 2 x corner 2367 sqft. 2 x inter 1652 sqft. Brand new. 4+1 rms, ensuite. 3-sty. Roof garden. NS facing. Lift. Pool. D15 HOUSE FOR SALE SIGLAP Siglap Luxury living F’hold Semi-D/ Terr Cluster Home. Bang Olufsen/ Gaggenau/ Liebherr. 9119 1175 Jason D16
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    • 100 24 D19 HOUSE FOR SALE CHUAN CLOSE 3-storey detached Chuan Close 4306/ 4300 sf 5+1 bedrooms. Asking $4.xxM incl renovation cost. Raphael Chua 9839 9678 D19 HOUSE FOR SALE STOKESAY 4176/4800 sqft 2.5 Storey Semi-D Move in cond. 5 big bdrms. Balcony. Ensuite bath. Walk in closet. Spiral staircase, spacious. Judy
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  • Page 25 Advertisements
    • 241 25 D01 APARTMENT FOR SALE MARINA BAY RESIDENCES Genuine seller! Priced to sell: $2590 psf. 2 bdrms. 1130 sqft. High flr. Full sea view. Immaculate cond. Hardly occupied.Never tenanted.Yap BS *****757 D01 APARTMENT FOR SALE MARINA BAY SUITES Ultra Luxurious Penthse MBS. Magnificent bay/ sea view 5+family+pool/ 3/4rm Sherry 9735 3597
      241 words
    • 247 25 D05 APARTMENT FOR SALE ICON PASIR PANJANG Freehold Mixed Development. Only 18 residential units. Near MRT. Viewing call Tan YK 9622 8679 D05 APARTMENT FOR SALE ICON PASIR PANJANG Icon@ Pasir Panjang Freehold mixed conservation mall shops. Only 26 units. Near MRT. Joey Ang *****833 D09 APARTMENT FOR SALE EMERALD
      247 words
    • 266 25 D11 21 APARTMENT FOR SALE GILSTEAD TWO Gilstead Two. 775 sqft. 2 bdrm F’hold. High floor. Panoramic view. Walk to Newton Novena MRT $1.9xM. For more details call Ron 8181 4534 D11 21 APARTMENT FOR SALE NEWTON IMPERIAL NS facing, luxurious 3 bedrm with private lift. Immed occupa-ncy, Freehold. Stella
      266 words
    • 240 25 D13 APARTMENT FOR SALE BARTLEY RIDGE Launching! Bartley MRT/ Maris Stella School/ amenities. 1-4 rms/Penthse. Reg for VVIP Preview! D13 APARTMENT FOR SALE BARTLEY RIDGE Many choice units. City fringe. MRT. North South facing. Low quantum. Ideal for investment. Please call Adrian Yap 9742 9717 D13 APARTMENT FOR SALE BARTLEY
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    • 231 25 D14 APARTMENT FOR SALE SUITES CHANGI Brand new! Reno 1 bdrm appt. Suites Changi. Unblocked. Pool. Near MRT/ amenities. Call now! D15 APARTMENT FOR SALE EAST COAST ROAD Cote D’Azur Studio, 2rm 1109/1141/1152sf fr$1.2xm Bayshore Pk 3477sf.s/sty Penthse, reno. $1150psf Riverine by The Park 4rm 1776sf seaview. $3.2xM D15 APARTMENT
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  • Page 26 Advertisements
    • 571 26 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WAT-3 D28 APARTMENT FOR SALE H20 RESIDENCES Choice Unit! 3-bedrooms (1076 sqft) From $992K Pool facing. Next to LRT! Call 8481 5000 Carolyn D09 HOUSE FOR RENT OXLEY ROAD Oxley strata Bungalow. 5 rooms. Pool, jacuzzi, private lift. Walk to Orchard. Partial
      571 words
    • 149 26 D01 SHOP FOR SALE AMOY STREET Amoy Street Shophouse. Nicely renovated. 999 years. Foreigners eligible. Hurry! Don’t miss! Simon Monteiro 9489 3800 Historical Land D01 SHOP FOR SALE PEOPLE’S PARK COMPLEX 452 sqft. Chinatown MRT. Good crowd. Ask $6500 psf nett. Also for rent. Yam Seng 8138 7733 D01 SHOP
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  • Page 27 Advertisements
    • 415 27 D22 FACTORY FOR SALE WEST POINT BIZHUB 3-storey. Approx 6600 sqft up to 15kn/ sqm. Price neg. View by appointment. 8163 7673 OT D25 FACTORY FOR SALE HARVEST WOODLANDS Woodlands Harvest B2, 1658 sqft. High ceiling. Good investment. Asking $450 psf. Call Raymond Ng 9146 6289 D01 OFFICE FOR RENT
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    • 120 27 D11 21 SHOP FOR RENT NOVENA MEDICAL SUITES Novena Medical Suites. Approx 738 sf. Reno. Suit all medical svcs. Avail April. $9psf. *****007 Sim D12 WAREHOUSE FOR RENT CT HUB B1 industrial. Brand new 979.52 sqft. Bare unit. TOP soon. Self contained toilet. Near MRT $5K neg D22 WAREHOUSE FOR
      120 words
    • 172 27 FOREIGN PROPERTY FOR SALE APARTMENT IN MALAYSIA Mudzaffar Soho in Malacca/ MITC. Only below RM$400k. 5% earlybird disc,free stamp duty/legal fee/ deferred payment. Sole Agt Mar 9004 0944 FOREIGN PROPERTY FOR SALE APARTMENT IN THAILAND Property Fair Hilton Hotel 2 3 March, 10am-7pm. Luxurious Freehold Condo in Central Bangkok. G’tee
      172 words
    • 132 27 FOREIGN PROPERTY FOR SALE D’ESPLANADE IN MALAYSIA D’Esplanade KSL City. Freehold condominium. 2rm/3rm/4rm/ Penthouse. Below shopping centre. Free legal fee on SPA. Free state levy. FOREIGN PROPERTY FOR SALE ISKANDAR IN MALAYSIA Freehold Condo among landed. Opposite Educity. Mins to Temasek’s wellness Tuas. RM1.2M. Clifford Yap 8299 3888 JLL FOREIGN
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  • 2754 28 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination STXPO TBN Camden/New
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  • Page 28 Advertisements

  • Page 29 Advertisements

  • SINGAPORE STOCKS
    • 3375 30 Transaction date: Feb 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 Last Vol 98 59 ABR Hldgs 65 unch 278 65.5 65 63.5 65 3.1 3.1 10.4 130.6 Last Quote Div
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    • 212 31 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 2.2 +0.1 ***** 2.3 2.1 2.1 2.2 32.8 Vol ('000) Day High Last Quote Low Buyer
      212 words
    • 10797 31 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FundCl A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.13/ Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Asian Local Ccy SD Bond 1.0019/ Asian Smaller Cos!" 1 9606/ EM Local Ccy Bond 1.0059/ European
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    • 262 31 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 50 25.5 AVJennings A39 unch 5 39 39 39 40 3.6 9 3.1 101.6 46.5 30 Genting HK US$ US45.5 +0.5 ***** 46.5 45 45 45.5 2996
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    • 949 31 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 118.9 +1 79 118.9 118.5 118.2 119 542.8 135.9 120.4 CIMB APAC Div 100S$D 135.8 134 134.9 111.7 95.8 CIMB
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  • FINANCE & COMMODITIES
    • 624 32 Feb 28 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.73 *****.75 *****.56 Mar13 *****.00 *****.00 *****.00 *****.00 *****9 *****9 Jun13 *****.00 *****.00 *****.00 *****.00 1383 ***** MSCI TAIWAN INDEX FUTURES SPOT 283.15 284.89 282.68 Mar13 283.70 285.40 283.00 ***** *****5 Apr13 0 0
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    • 373 32 In local curr In S$ In US$ dy yr dy yr dy yr Feb 27 Index Change Change Change Change Change Change World Preliminary 993.6 0.7 5.9 0.6 5.7 0.8 4.3 EAFE Preliminary 823.0 0.5 6.3 0.4 4.3 0.6 2.9 Europe Preliminary 1203.0 1.0 4.9
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    • 470 32 Feb 28 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.050 6.392 0.782 7.969 55.629 99.288 0.949 11.129 3.175 1.235 100.839 41.774 1.270 9.090 0.955 30.453 30.565 0.677 1.027 Canada 0.952 6.086
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    • 64 32 Feb 28 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid
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    • 136 32 Feb 28 GOLD(US$/oz) Feb 28 Feb 27 Hong Kong 1607.00 1618.50 Feb 27 Feb 26 London 1602.09 1607.39 1603.31 1608.61 Source: Thomson Reuters CAST BAR Feb 28 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 142 63 5gm 404 316 10gm 721 633
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    • 92 32 Feb 28 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****F 30-May-13 0.25 6-Month BS*****S 22-Aug-13 0.26 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*****0S 0.25 01-Feb-13 100.09 100.14 100.11 5-Year N*****0Z 2.375
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    • 59 32 Feb 28 Feb 28 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 13 2380.0 2375.0 2381.0 2350.0 758 4274 Apr 13 2405.0 2387.0 2411.0 2362.0 4027 ***** May 13 2418.0 2397.0 2422.0 2368.0 ***** ***** Jun 13
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    • 163 32 Feb 28 US$ A«j|nn Si Aulmi U5S currftnci** (Id Of fur Kin off* SMUSX f>'j ont mUt Of tOivnjS* cuirl'iicyL 1 MW 1 ?l*l 1 •»W/\ l./rtMfllfln rioll.ir f Jon ***** w*rr.J D^r* £ur o I444t r tl« J«*S* N/ liuital i 0131* U $5‘3 <wrllnj| pound
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    • 121 32 As at 9am Feb 28 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.293 1.232 Can dollar 1.236 1.178 Euro 1.663 1.584 Sterling pound 1.909 1.836 NZ dollar 1.056 0.997 US dollar 1.261 1.201 Local dollars to 100 units of foreign
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    • 157 32 Feb 28 $S Offer Bid 0vernight 0.05 0.02 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.10 US$ 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 0.60 0.40 9 months 0.75 0.55 12
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    • 108 32 Feb 27 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 13 1457.50 1447.75 1466.50 1441.50 May 13 1439.50 1431.75 1448.75 1425.00 Jul 13 1426.00 1418.50 1434.25 1411.00 Aug 13 1381.75 1377.75 1390.25 1370.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 13
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    • 80 32 Feb 27 COCOA (£/tonne) Close Prev High/Low Mar 13 1411 1416 1418/1401 May 13 1426 1427 1432/1415 Jul 13 1439 1438 1444/1428 Sep 13 1449 1447 1454/1437 COFFEE(US$/tonne) Close Prev High/Low Mar 13 2051 2040 2060/2031 May 13 2098 2086 2109/2077 Jul 13 2109 2098 2120/2088 Sep 13 2121
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    • 969 32 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 567 5.63 15 AlliedTech W*****2 Ratio Asiatravel.com HoldingsW*****7 3 1 25 17 Asiatravel.com HoldingsW*****5 3.3 1 27 41 Prem Best World Intl Ltd W*****5 Expiry
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    • 70 32 CRUDE OIL PRODUCTS Feb 27 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 112.46 -0.72 WTI (Near Mth) 92.85 0.30 Dubai (1-Mth F) 108.50 -0.30 Tapis blend 119.79 0.60 Minas 115.29 -0.40 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 111.00 0.89 Jet Kerosene 129.76 -0.73 US$/barrel OpecOil Basket
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    • 22 32 Feb 28 S$ Bid Offer 1-month 1.2357 1.2358 2-months 1.2357 1.2358 3-months 1.2357 1.2358 6-months 1.2355 1.2360 Source: OCBC
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    • 65 32 Feb 27 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1975.50 1978.00 3 months 2020.00 2023.00 Copper, Grade A(US$/tonne) Cash 7841.00 7832.50 3 months 7870.00 7858.50 Lead(US$/tonne) Cash 2295.50 2290.00 3 months 2304.00 2297.00 Nickel (US$/tonne) Cash *****.00 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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  • executive lifestyle
    • 1525 33  -  The Design Society Festival and Singaplural are two events that help make design more accessible to both enthusiast and man in the street, reportsTAY TAY SUAN CHIANG I S design art or is art design? If you’re fond of such esoteric debates or just like looking
      PHOTO: KULT, SFIC, SINGAPLURA  -  1,525 words
    • 634 33 THE Design Society Festival is on from March 2 to March 9. Most events are free, but some require registration. See www.thedesignsociety.org.sg/tdsf2013 for details. The Design Society Conference 2013 March 2, 10am to 5pm, at The Singapore Airlines Theatre, Lasalle College of the Arts
      PHOTOS: SINGAPLURAL  -  634 words
  • Page 33 Advertisements

  • CINEMA/BOOKS
    • 490 34  -  By DYLAN TAN THE less you think about it, the more likely you’ll enjoy The Man With The Iron Fists, a nonsensical chop-socky tribute to Shaw Brothers’ martial arts films of the 1970s. Presented by Quentin Tarantino and directed by rapper RZA,
      PHOTO: UIP  -  490 words
    • 549 34  -  A bigger, CGI-encrusted Jack and the Beanstalk remake does not a better yarn make, reviewsGEOFFREY GEOFFREY EU TAKE an old English folktale the one about a farm boy who unwisely trades the family cow for some beans that then grow into a giant beanstalk
      549 words
    • 473 34  -  By DYLAN TAN MOVE over Quvenzhane Wallis, there’s a new child star on the big screens. Zamand Taha might not have hogged the headlines for garnering an Oscar nomination but he’s a little heartbreaker in his own right. The seven-year-old’s natural performance is the icing on top
      PHOTO: CATHAY-KERIS FILMS  -  473 words
    • 503 34  -  BOOK REVIEW By TAY SUAN CHIANG THERE are plenty of books on Singapore’s landscape, dominated by ubiquitous pictures of say, Marina Bay Sands and the Esplanade. But what about Singapore’s face-scape? Photographer Wesley Loh Kar-Wei puts forth his interpretation through a series of photographs, in a hardcover book
      PHOTO: KAR-WAI WESLEY FROM MEMPHIS WEST  -  503 words
  • Page 34 Miscellaneous
    • 321 34 CRYPTIC CROSSWORD Across 1 Really it is the quickest way to get high (8,2) 6 Warning: one may get passionate about nothing (4) 8 Worthless weapon returned by a politician (8) 9 Regretted overtaking child’s horse, by the sound of it that’s rough (6) 10 Sentimental type having nervous reaction
      321 words

  • MUSIC/ARTS
    • 495 35  -  CD REVIEWS By CHRISTOPHER LIM Heavyweight Rachael Yamagata Frankenfish Rating: B WITH Rachael Yamagata due to perform at the Esplanade Concert Hall tomorrow night, it’s a good time catch up with the American queen of heartbreak’s latest material as well as some of
      PHOTOS: FRANKENFISH, BMG, THE NOISETRADE LOFT  -  495 words
    • 965 35  -  Olafur Arnalds’ For Now I Am Winter is a landmark outing, writesCHRISTOPHER CHRISTOPHER LIM WHEN Olafur Arnalds shot to fame as one of the featured musicians in 2011 documentary PressPausePlay, he saw his audience swell. But the Icelandic composer and multi-instru-mentalist also won for himself pressure
      PHOTOS: MARINO THORLACIUS, MERCURY MUSIC  -  965 words
    • Around Town
      • Article, Illustration
        238 35 Soo Pieng: Held in honour of local artist Cheong Soo Pieng, this exhibition will showcase over 50 of his art works including pieces that have never been displayed in public, as well as around 80 of his sketches. Cheong is regarded as one of the pioneers of the Nanyang
        PHOTOS: TAKSU  -  238 words
      • Article, Illustration
        168 35 Santana The Sentient Tour:Grammy-winning American musician Carlos Santana is here again for the third time. Known for his guitar solos which marry the rock and blues genres with African and Latin music influences, he will play some of his popular hits and songs from his latest instrumental-focused album Shape
        168 words
      • Article, Illustration
        74 35  -  Compiled by SARA YAP After Cicely: Catch the online launch of this local documentary film that tells the stories of five Asian women who have dedicated their lives to helping others and providing palliative care. The documentary celebrates International Women's Day and is inspired by founder of the hospice
        74 words

  • ARTS
    • 586 36 In conjunction with Women’s Day next Friday, BT looks at three exhibition that celebrate the strength and sacrifices of women, 8 WOMEN Sota Drama Centre, March 29 April 7 IF Agatha Christie-style murder mysteries are your cup of bitter tea, then mark your calendar for 8 Women. The
      Hua).PHOTO: SING THEATRE  -  586 words
    • 635 36 CELEBRATING WOMEN: AN INAUGURAL CHARITY ART EXHIBITION WITH AWARE One East Arts pace, March 8 March 31 FIFTEEN women artists came together to create artworks that address the need to end violence against women. They were motivated partly by the tragic 2012 Delhi gang-rape
      PHOTOS: IZZYIANA SUHAIMI, DEBRA RAYMOND  -  635 words
    • 624 36 FOR BETTER OR FOR WORSE Drama Centre Black Box, March 20 24 WHY is marriage difficult and why do so many of them fail? Why does romance fade into oblivion or degenerate into spite and frustration? The latest attempt to answer these age-old questions comes
      PHOTO: CHECKPOINT THEATRE  -  624 words
    • 565 36 SISTERS THE UNTOLD STORIES OF THE SISTERS ISLANDS The Arts House, March 13-19 MOST Singaporeans have heard of the Sisters Islands located south of the main island, but not all may know why it’s called so. Legend has it that a pair of close
      PHOTO: DERRICK CHEW  -  565 words

  • WINE/ARTS
    • 1157 37  -  Celebrating the wines of other regions opens up the palate to nuances, writesNK writesNK YONG THIS is Anything but Bordeaux week! I promised my Bordelais friends amongst the members of visiting Union des Grands Crus group who were here to present a tasting of the Bordeaux 2010
      PHOTOS: NK YONG  -  1,157 words
    • 654 37  -  BY CHEAH UI-HOON POTTERY fans now have a new gallery space dedicated to ceramic arts to browse and buy. Just as the Jalan Bahar art community just received a new “breath of fire” recently with the Dragon Kiln being fired up in its
      PHOTO: JALAN BAHAR GALLERY  -  654 words
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    • 138 38 We have changed 16 out of 405 parts and added another 46. For the benefit of an extra power reserve 2 5 60 30 t= L f 1 I. I r n \> Sq GLASHUTTE T /SA The eponymous power-reserve indicator of the Datograph Up/Down reveals that its autonomy has
      138 words