The Business Times, 14 March 2013

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Total Pages: 37
1 38 The Business Times
  • 25 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 Thursday, March 14, 2013
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  • 757 1  -  Premium plunges over 40% to $58,090, even lower than that for small cars By NISHA RAMCHANDANI [SINGAPORE] Certificate of entitlement (COE) premiums of big cars recorded the sharpest drop in the latest round of bidding, nosediving by nearly 40 per cent to $58,090
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  • 873 1  -  No ‘major changes to the COE market in the near term’ By JOYCE HOOI [SINGAPORE] As Transport Minister Lui Tuck Yew shut one door on any immediate changes to the Certificate of Entitlement (COE) structure yesterday, he left another ajar to tweaking the system
    THE STRAITS TIMES FILE PHOTO  -  873 words
  • MARKETS DIGEST
    • 65 1 HST INDEX 3,288.52 (-14.50) HST INDEX FUTURES 3,282.00 (-14.00) HSIMSCI 371.39 (-1.32) HSIMSCI FUTURES 370.30 (-2.10) USS SS USS (SS per USS) 1.246 (US$/SS per 1.495 1.864 EURO (US$/SS/€ 1.306 1.628 Foreign currency per USS SS YEN 95.50 76.60 RM 3.107 2.493 HKS 7.757 6.224 BAHT 29.61 23.76 RUPIAH
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    • 48 1 Wednesday Change KL COMP 1,646.22 -10.32 NIKKEI 225 12,239.66 -75.15 HANG SENG 22,556.65 -333.95 SET INDEX 1,578.70 +2.02 JAKARTA COMP 4,835.44 -18.87 MANILA COMP 6,776.56 -9.86 SEOUL COMP 1,999.73 +6.39 SHENZHEN B 789.93 -24.60 MUMBAI IND 19,362.55 ■202.37 12noon EDT Change DOW 14,436.33 -13.73 NASDAQ 3,237.47 -4.85
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    • 28 1 SINGAPORE 5.38 MALAYSIA 6.55 HONGKONG 5.00 INDONESIA 13.178 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.50 INDIA 14.45 Source: Bloomberg
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  • Page 1 Advertisements
    • 107 1 PROPERTY S’pore Shopping Centre units for sale en bloc PAGE 34 SOVEREIGN WEALTH FUNDS SWFs’ assets soar; set to grow further PAGE 6 DEBATE ON BUDGET 2013 Public transport operators face hard journey PAGE 4 OPINION Kuroda’s unenviable task ahead PAGE 27 ZJ 1, m f x sa 0 0!
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    • 12 1 Repsol open to board seat for Temasek IPAGE 6 8 *****1 *****4
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  • Page 2 / 3 Advertisements
    • 425 2 / 3 N t: m V. v» 8T f .4-; -5 >4r ae HK 4 .-v: 43 S®li SUliMS i i I ;TI I m r j !~s" i rails 11= iPk. J« ”101 W*3 !W !S i* J N TER NEW LAUNCH Experience a new landmark in the CBD that truly
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  • TOP STORIES
    • 386 4 Big car COE premiums dive 40% CERTIFICATE of entitlement premiums of big cars recorded the sharpest drop in the latest round of bidding, nose-diving by nearly 40 per cent to $58,090 and emerging even lower than small-car premiums. This is the first bidding exercise since stricter car financing
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    • 776 4  -  Push for commuterfriendlier services will squeeze already shrinking margins DEBATE ON BUDGET 2013 Reports by JOYCE HOOI [SINGAPORE] The road to perdition might well be a bus lane. The latest carrot-and-stick scheme being used to nudge bus service standards upwards might cost operators a
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    • 414 4 Plans afoot to put bus, rail operations under contestability framework [SINGAPORE] The competition among public transport operators might heat up in the future, with foreign firms entering the fray, Transport Minister Lui Tuck Yew told Parliament yesterday. Where rail operations are concerned, “over time,
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    • 512 4  -  Located in HDB estates, 5 of them will open next Jan By LEE U-WEN [SINGAPORE] The government will be setting up 15 new kindergartens in various HDB estates over the next three years, with the first five due to open
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    • 61 4 IN “Initial short-trade data offers but a glimpse of sentiment” (BT, March 13), we wrongly reported that Monday’s total turnover value was $1.1 billion. It should have been $1.7 billion, which puts short trades’ proportion at one-seventh o r 14 p e r ce n t n o t
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    • 341 4  -  By MARIA MALA YOGALINGAM [SINGAPORE] A mega passenger terminal could be built on a site in Changi East, said Minister of State for Transport Josephine Teo yesterday. In her speech on air transport in Parliament, she said the 1,080-hectare site
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    • 597 6  -  Deposits equivalent to 11 years’ worth of LNG imports By in ANTHONY ROWLEY in Tokyo NEWS that Japan has succeeded in extracting a form of natural gas from methane hydrate mined from the sea floor off its coast has created a minor sensation.
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    • 827 6  -  Group of 24 funds planning to set up permanent secretariat By in London lk|i|.:]i||I‘U’£‘k|kl in London ASSETS of sovereign wealth funds (SWFs) have soared more than fourfold to US$5.2 trillion in the past decade and are predicted to increase to US$5.6
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    • 700 6  -  It would also let the S’pore investment firm to have a say on board nominees By KENNETH LIM [SINGAPORE] Spanish oil and gas company Repsol would be open to giving Temasek Holdings say on director nominations to reflect the sovereign investment
      PHOTO: YEN MENG JIIN  -  700 words
  • Page 4 Advertisements
    • 391 4 Cn\/r A DT Investment k31TArVIVX International Property Expo LOCAL OVERSEAS PROPERTY STOCKS FUNDS ALTERNATIVE INVESTMENT 16 (Sat) 17 (Sun) March 2013 11 am 7pm Hall A, Sands Expo Convention Center, Marina Bay Sands (Bayfront MRT station, Exit D) LOCAL OVERSEAS PROPERTY MARKET UPDATE SHOW Highlights LIVE PRESENTATIONS FROM REAL ESTATE
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  • Page 5 Advertisements
    • 117 5 www.vw. com. sg Winner. Car of Year. CAR THE YEAR 9 11 «5 V i y New Golf U i New Golf. Car of the Year 2013. It’s official. 58 judges from 22 countries have voted the new Golf ‘Car of the Year! Here’s how we did: The new Golf
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  • Page 6 Advertisements
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  • COMPANY NEWS
    • 616 7  -  Minority investors may be expecting another revision from UE: analysts By CAI HAOXIANG A DAY after United Engineers (UE) raised its offer for WBL Corp to $4.15 a share, WBL shares rose slightly above that to close at $4.23. This is up
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    • 381 7  -  By MA XIANGYU SINGAPORE food and gateway services specialist SATS Ltd is to have a top foreign banker as its head from Jan 1 next year. Alexander Charles Hungate, the current HSBC Group general manager and CEO of HSBC Singapore, was named
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    • 404 7  -  But firm unlikely to be much affected, say analysts By ANDREA SOH KEPPEL Corporation was one of the top losers on the Singapore Exchange yesterday, as its shares fell 1.1 per cent following news that a US$1.2 billion deal had been cancelled. But
      PHOTO: BLOOMBERG  -  404 words
    • 480 8  -  MOUs signed with stock exchanges of Korea and the Philippines By ANGELA TENG THE Singapore Exchange (SGX) has signed memoranda of understanding (MOU) with the stock exchanges of Korea and the Philippines, boosting its involvement in, and access to, regional markets and products.
      ST FILE PHOTO  -  480 words
    • COMPANY BRIEFS
      • 58 8 ST ENGINEERING said its electronics arm ST Electronics has set up a wholly-owned subsidiary, ST Electronics (Wuxi) Co Ltd, in Wuxi, China. It has a paid-up capital of 20 million renminbi (S$4 million). ST Electronics (Wuxi) will provide software development, information technology training services
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      • 55 8 RAFFLES Medical Group said its tender for the Aberdeen Inland Lot No 458 site in Hong Kong was not successful. It said it will continue to pursue healthcare opportunities in Hong Kong to meet the growing needs of the community for good quality
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      • 55 8 PROGEN Holdings said its wholly-owned subsidiary, Progen Pte Ltd, has been awarded a contract worth $11.381 million for air-conditioning and mechanical ventilation installation. The work is for a proposed 8-storey integrated building at Changi General Hospital. The contract will start this year and is expected
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      • 44 8 SIM Lian JV (Vision) Pte Ltd has been awarded the tender for the Venture Avenue land parcel for commercial development. The acquisition and development of the project will be financed by internal funds and bank borrowings, it said.
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    • 395 8  -  By MICHELLE QUAH MAGNUS Energy Group yesterday announced that a corruption probe into a former employee of its associated company has been expanded into “plausible inappropriate gratification” under Singapore’s Prevention of Corruption Act. A conviction under the Act carries a fine of not more
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    • 559 8 Bloomberg [SYDNEY] Mergers between exchange companies around the world may increase risks for investors as fewer companies handle derivatives trading and clearing, said the head of Australia’s securities regulator. “It’s a logical conclusion, that if everything’s going through two clearing houses there’s a concentration
      Bloomberg  -  559 words
    • 747 12  -  GIC adviser also advocates a long-term view towards investments, quality staff By GENEVIEVE CUA SOVEREIGN wealth funds must be free from “political meddling” if they are to be successful, says Ng Kok Song, adviser and chair of global investment for the
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    • 305 12  -  By TEO SI JIA A UNIT of IHH Healthcare has bought a land parcel in Hong Kong for HK$1.69 billion (S$271 million) to build and run a new private hospital. The total capital investment required for the new hospital is pegged at HK$5
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    • 315 12  -  By LEE MEIXIAN WEAKER demand for its media storage products and services has hurt Datapulse Technology’s revenue and earnings in its second quarter ended Jan 31. The producer of digital storage media for content distribution yesterday posted a 12.8 per cent year-on-year
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  • Page 7 Advertisements
    • 155 7 relax V^Clli win i i >v«.. I Wherever you find yourself, that unmistakable Pacific touch always exerts a calming influence. It’s the perfect answer to a busy day. As you gaze over the city, the warmth of the sunset reminds you of home. The Pacific’s like that. Amidst the vibrant
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  • Page 8 Advertisements
    • 678 8 B6ATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg notices HanKore EnvironmentTech Group Limited (Company Registration No. *****) (Incorporated in Bermuda) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting (“SGM”) of HANKORE ENVIRONMENT TECH GROUP LIMITED (the “Company”) will be held on 1 April 2013
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    • 187 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NARITA HOLDINGS PTE. LTD. Company No. *****8113H (In Members’ Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of the
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    • 270 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MIYOWA ASIA PTE, LTD. UN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****1165H) NOTICE OF MEMBER'S VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of Member of the abovenamed company held on 8
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    • 192 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF BETA TWO PTE. LTD. UN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****7961N) NOTICE OF MEMBER'S VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of Member of the abovenamed company held on 6
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    • 473 8 THE BVI BUSINESS COMPANIES ACT, 2004 NOTICE OF LIQUIDATOR’S APPOINTMENT ROSCOE DEVELOPMENTS LIMITED (the “Company”) NOTICE is hereby given that the Company is in liquidation and that Anthony Loong Sie Hock of 101 Cecil Street #16-05 Tong Eng Building, Singapore *****3 has been appointed liquidator of the Company by a
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  • Page 9 Advertisements
    • 2010 9 Asia and the Future of Finance Five years after the global financial crisis, trust and confidence in the global financial system remain at record lows, jeopardizing our economic future. This article is the first of a threepart series by CFA Institute, the global association of investment professionals that sets the
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  • SINGAPORE MARKETS
    • 600 10  -  Penny stocks spotlight shines on SingXpress Land, which sees 2.3 billion shares traded STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index yesterday dropped 14.5 points to 3,288.52 in line with a 1.5 per cent loss in Hong Kong and a weak opening for Europe,
      Source: Bloomberg  -  600 words
    • 73 10 Mar 13 VALUE CLOSE BT OB/OS -824.00 -130.00 BT CADI -*****.00 -112.00 BT 10-day MA -*****.00 -82.00 FTSE ST Mid Cap 806.57 -2.82 FTSE ST Small Cap 556.31 -2.16 FTSE ST All Share 807.70 -3.41 FTSE ST China Top 216.65 -1.91 FTSE ST China 246.68 -1.54 FTSE
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    • 186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 9 2 0 0 0 4 9 2 Manufacturing 42 68 39 4 10 13 46 78 52 Commerce 20 35 17 2 4 6 22 39 23 Tpt/Stor/Comms 12 22 7
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    • 122 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 34,130 34,130 124,055 124,055 Manufacturing 402,182 407,242 809,424 277,924 5,475 283,399 Commerce 260,399 262,384 522,783 92,521 15,766 108,287 Tpt/Stor/Comms 111,173 16,163 127,336 168,097 5,861 173,958 Finance 49,442 116 49,558 111,947 53 112,000 Construction 429,743 181,212
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    • 943 10  -  Compiled by KENNETH LIM Biosensors International March 13 close: $1.20 Maybank Kim Eng Research, March 13 WE cut FY2013-15 net profit forecasts by 9-11 per cent as we turn more cautious in our forecasts and on lower-than-expected licensing revenue. Our sum-of-parts-based target price (TP) is consequently reduced to
      Source: Bloomberg  -  943 words
    • 123 10 Stock name Close Change CapMalisAsia a.two CapiUiLami 3.590 ♦0.010 CapftaMall a.ioo CityDev 11-260 ♦0.07(1 ComfortDelGro 1.925 0.005 DBS Grp 15.540 -0.140 FAN 9.440 GLP 2-630 -PTO Gentiny 5P 1.510 0.010 Golden Agrl 0.610 ♦OlOIO HK Land 7 330 -0.010 (Hh Healthcare 1.370 ♦0 005 iMH 64.500
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    • 469 10 CURRENCIES Bloomberg [NEW YORK] The US dollar yesterday rose against most of its major peers after a report showed that US retail sales in February exceeded forecasts, bolstering optimism in the world’s largest economy. The euro weakened as Italian borrowing costs rose at
      Bloomberg; PHOTO: BLOOMBERG  -  469 words
    • 55 10 VOLUME SingXpress 2,261,912,000 UniFiber 271,423,000 WE Hldgs 195,490,000 YHM 179,806,000 Elektromotive 174,097,000 Golden Agri 125,743,000 IPCO Intl 115,295,000 Thai Beverage 94,861,000 Magnus 71,583,000 Transcu Grp 59,061,000 VALUE($) Keppel Corp 81,635,510 Golden Agri 76,764,460 SingTel 75,850,850 SingXpress 64,690,512 Thai Beverage 58,951,844 GLP 56,698,770 SPH 52,347,710 Wilmar 44,547,070 SembMar
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    • 109 10 BY CENTS CLOSE UP GLD 10US$ ***** 99.7 0.5 Jardine C&C 5430 82.0 1.5 DBXT SPASX200 10US$ 4147 66.1 1.3 DBXT E50 10US$ 4173 53.6 1.0 Lyxor MS India 10US$ 1403 48.6 2.9 Lyxor LatinAmerica 1 792 38.6 4.1 DBXT MSKorea 10US$ 5972 23.7 0.3 Lyxor Nasdaq100 10US 1114
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    • 124 10 BY CENTS CLOSE DOWN DBXT Nifty 10US$ ***** -133.4 -1.0 JMH 6450 -112.2 -1.4 DBXT FTChina25 10US$ 2867 -97.2 -2.6 JSH 3980 -63.6 -1.3 Lyxor China H 10US$ 1434 -57.3 -3.1 DBXT MSCHINA 10US$ 1200 -39.9 -2.6 DBS Bk 4.7% NCPS 100 ***** -33.0 -0.3 Lyxor EmergingMkts 1 1048
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    • 5 10 DAILY
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  • Page 11 Advertisements
    • 239 11 r?.: m m WMSA T.-l ;< 7_ > -'T— £r < as Hgg wm Wslmk USsSSSS sri>: ¥M?sm--vlX: 5S«a? ■cj*>se /-r mmmm gg ?22 1 sgg a-" gg m m X r r>. iliiiil m ;■> K* 5 .>- Li r^:_ J J r r > vg imp -S' wmrnmxm0Kasi
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  • Page 12 Advertisements
    • 204 12 Having the option of living near a future MRT line allows your property to command a higher price. STProperty. The most comprehensive property portal that lets you find a home near future MRT lines, this present day. Imagine this. You are eyeing a property and you have valuable information that
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  • Page 13 Advertisements
    • 133 13 PAL ZILERI O A rare opportunity to be measured by an exceptional artisan for a suit crafted with you in mind. A unique experience celebrating the most refined Italian tailoring tradition. Mr. Mauro De Poi master tailor of Pal Zilerf will be available for a private Made-to-Measure experience at Uomo
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  • SINGAPORE NEWS
    • 407 14  -  Some sticking points remain in IP, the environment, and competition labour By MALMINDERJIT SINGH THE 16th round of the Trans-Pacific Partnership (TPP) negotiations ended here yesterday with chief negotiators of the 11 participating countries noting the progress made in the working groups on
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    • 618 14  -  Sector’s net earned premiums up 6.47%; biggest gain in health By GRACE NG SINGAPORE’S general insurance industry did well last year, with business growing by 5.4 per cent to $3.34 billion in total gross premiums, beating 2011’s 4.5 per cent increase and outpacing the
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    • 230 14 MILLENNIUM Copthorne opened its first M&C-branded hotel in Taiwan last week. The 24-storey Millennium Vee Taichung, geared towards tourist and business travellers, is in Taichung, Taiwan’s third largest city after Taipei and Kaohsiung. Its prime District Seven location offers views of the city and is
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    • 456 14  -  By YOGALINGAM By MARIA MALA YOGALINGAM THREE local medical technology (medtech) start-ups –Clearbridge BioMedics (CBB), Singapore Institute of Advanced Medicine Holdings (SAM) and Sano V have received a total of $3 million in investments from Spring Seeds Capital (SSC), a wholly
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    • SINGAPORE ROUNDUP
      • 51 14 THE Singapore Computer Society yesterday launched the Business Analytics Special Interest Group in conjunction with the annual IT Project Show by Temasek Polytechnic School of Informatics and IT. The group is led by chairman Simon Thomas, a global leader of business analytics and optimisation at
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    • 344 14  -  By NISHA RAMCHANDANI PRUDENTIAL Singapore posted a 26 per cent year-on-year increase in new business sales in 2012, hitting a record $597 million. Regular premium sales, which account for the bulk, grew by 30 per cent to $518 million, versus $398 million
      FILE PHOTO  -  344 words
    • 303 14  -  By GRACE NG GUY Harvey-Samuel returns as chief executive officer of HSBC in Singapore, having completed a posting here lasting almost four years until 2010. His previous role was Head of International Asia Pacific, based in Hong Kong. “Guy is no stranger to Singapore,” said
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  • Page 14 Advertisements

  • MALAYSIA/INDONESIA
    • 519 15  -  It will design, build, commission electric bus line running on elevated tracks By PAULINE NG in Kuala Lumpur THE award of a RM453 million (S$182 million) contract to design, build and commission an electric bus line running on elevated tracks will boost Sunway Bhd’s order book
      PHOTO: SUNWAV GROUP  -  519 words
    • 377 15 Reuters [JAKARTA] Indonesian property firm PT Bakrieland Development has obtained last-minute funding to redeem a 280 billion rupiah (S$36 million) bond, avoiding default in the latest of a series of financial troubles to befall the Bakrie Group conglomerate. Shares in Bakrieland were suspended on Monday
      Reuters  -  377 words
    • 232 15 [KUALA LUMPUR] Malaysia’s Armed Forces Fund Board will pay the highest dividend in its history after posting its best ever results. The fund Lembaga Tabung Angkatan Tentera (LTAT) has declared a 16 per cent dividend with a record RM759.3 million (S$305
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    • 221 15 Reuters [JAKARTA] PT Bank Mayapada Internasional plans to raise one trillion rupiah (S$128.8 million) in a rights issue this year as it seeks a global partner to expand its business, the bank’s founder said. “Banking is our main business and we aim
      Reuters  -  221 words
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    • 97 15 Every business is unique. Shouldn't financing solutions be too? I y Cv f. t -2 A »v s Vr c. y »V No Fuss. Just Good Business. Understanding that no two companies are quite alike is key to providing the right financing plan to meet unique business needs. More and
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  • Page 16 Advertisements
    • 5721 16 MANDATORY CONDITIONAL OFFERS by J.P. MORGAN (S.E.A.) LIMITED (Company Registration No. *****0154W) (Incorporated in the Republic of Singapore) for and on behalf of UE CENTENNIAL VENTURE PTE. LTD. (Company Registration No. *****2021D) (Incorporated in the Republic of Singapore) a wholly-owned subsidiary of UNITED ENGINEERS LIMITED (Company Registration No. *****0018G) (Incorporated
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  • Page 17 Advertisements
    • 2171 17 9.3 Other Arrangements Save as disclosed in this Announcement, as at 12 March 2013 and based on responses received pursuant to enquiries that the Offeror has made, none of the Offeror and its Concert Parties has: (a) (i) granted any security interest relating to any Relevant Securities to another person,
      2,171 words
    • 1330 17 1.3 Directors of UE Saved as disclosed below, none of the directors of UE owns or controls any Relevant Securities as at 12 March 2013: WBL Stock Units Name No. of WBL Stock Units of issued WBL Stock Units following the Conversion Norman Ip Ka Cheung 14,655 n.m.13 1.4 The
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  • GREATER CHINA/INDIA
    • 491 18  -  Central bank chief’s remarks follow spike in Feb consumer prices to 10-month high By in VIRGINIE MANGIN in Beijing CHINA must stabilise prices and will remain on “high alert” on inflation, the governor of the central bank said yesterday, after prices rose higher than
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    • 621 18 One-child policy and house registration may be tweaked Bloomberg [BEIJING] China’s new leaders may further loosen interest rate controls this year while allowing limited changes to one-child and household registration policies that threaten to restrain growth, a survey of analysts shows. Twelve of 16 analysts
      Bloomberg; PHOTO: REUTERS  -  621 words
    • 466 18 Reuters [NEW DELHI] Indian police investigating the AgustaWestland bribery case raided homes and business premises in the New Delhi area and two other cities yesterday after formally launching a probe into the helicopter firm and its parent company, Finmeccanica. The government will take the
      Reuters  -  466 words
  • Page 18 Advertisements
    • 126 18 <1 •3 or 7c (7 sJ of Lianhe Zaobao readers live in HDB 4-room+ and private properties, 4% more than the national average Undoubtedly, reader affluence defines the marketing power of a media vehicle. A survey shows that Lianhe Zaobao has an increasingly affluent readership. What's more, the influential publication
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  • ECONOMY WATCH
    • 720 19 But credit conditions ease as stream of LBOs runs its course IFR [LONDON] The European speculative-grade default rate will remain high in 2013 but credit conditions are improving as the leveraged buyout (LBO) debt hangover from 2006-2008 runs its course, according to a report published
      IFR  -  720 words
    • 339 19 Reuters [SEOUL] South Korea plans to implement an economic stimulus package but will set the details around the end of this month after examining first-quarter indicators, a senior official at the presidential Blue House told Reuters yesterday. “We will take action, that is
      Reuters  -  339 words
    • 597 19 Eurozone business activity forecast to fall 0.5% this year, grow 1% in 2014 AFP [PARIS] Data released this week confirms recession in the eurozone’s weakest economies last year, breathing new life into a heated debate on whether aggressive austerity measures may hit economic
      AFP  -  597 words
  • Page 19 Advertisements
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  • WORLD
    • 566 20 WHO warns Europe of backslide if slump sparks deep cuts in health investment AFP [LONDON] Gains in life expectancy across Europe could be reversed if cashstrapped governments cut health budgets, the World Health Organisation warned yesterday. The WHO’s European Health Report 2012 said
      AFP; PHOTO: BLOOMBERG  -  566 words
    • 398 20 GAAR won’t tackle moves such as shifting profit abroad, committee warns Reuters [LONDON] Legislation on tax avoidance going through Britain’s Parliament will not address the kinds of corporate tax minimisation that are of the greatest concern to the public, a parliamentary
      Reuters  -  398 words
    • 363 20 Many companies raise pay as weaker yen lifts earnings AFP [TOKYO] Japan’s top automakers are set to give tens of thousands of employees an annual bonus bump as a weaker yen helped their bottom line while Tokyo presses firms to hike staff pay to
      AFP  -  363 words
    • 672 20 Bloom berg [TOKYO] Two opposition parties said that they will endorse Kikuo Iwata for Bank of Japan (BOJ) deputy governor, increasing the likelihood that Prime Minister Shinzo Abe will win confirmation for all three of his central bank nominees. The Japan
      Bloomberg  -  672 words
    • 587 21 Import prices rise more than expected in February, driven by fuel prices LATEST US DATA AP Reuters [WASHINGTON] Americans spent at the fastest pace in five months in February, boosting retail spending 1.1 per cent compared with January. About half the jump reflected
      AP; Reuters  -  587 words
    • 445 21 Street View collected personal data without permission Bloomberg [NEW YORK] Google Inc has agreed to pay US$7 million to settle a multistate probe over the collection of data from unsecured wireless networks across the US by vehicles taking images for the company’s
      Bloomberg  -  445 words
    • 628 21 It will move more of operations online and cut more costs Reu ters [LONDON] Travel firm Thomas Cook aims to boost profits by more than US$500 million in the next three years by moving more of its operations online and further cutting costs, it
      Reuters; PHOTO: AFP  -  628 words
    • 368 21 Bloomberg [ROME] Roman Catholic cardinals failed to elect a successor to retired Benedict XVI in a second round of voting amid speculation they may choose the first pope from outside Europe in more than a millennium. Black smoke rose over St Peter’s
      Bloomberg  -  368 words
    • 418 21 Bloomberg [LONDON] A pear-shaped colourless diamond is estimated to sell for US$20 million at an auction in Switzerland. The D-colour flawless stone, weighing 101.73 carats, will feature in a jewellery auction by Christie’s International at the Four Seasons Hotel des Bergues, Geneva, on May
      Bloomberg; PHOTO: AP  -  418 words
    • 416 21 Reuters [LONDON] A strong profit and share price performance from Prudential have made it unlikely that Britain’s biggest insurer will pursue mooted disposals next year, its chief executive said yesterday. Tidjane Thiam was speaking shortly after Prudential said that its 2012 operating
      Reuters  -  416 words
    • 757 22 US$1.2b Solaire Manila Resorts opens on Saturday, first of 4 big casino resorts AFP [MANILA] The Philippines makes its biggest bet this weekend in a high-stakes bid to join the world’s elite gaming destinations, with the launch of a US$1.2 billion casino on
      AFP; PHOTO: AFP  -  757 words
    • 720 22 AP [MANILA] Ninety-one per cent of people living in Asia have improved access to clean water, a remarkable achievement over the last two decades in the world’s most populous region. But its richest countries and wealthiest citizens likely have better water supplies
      AP; PHOTO: AP  -  720 words
    • 413 22 Rush to book profit as A$ rises 12% in three months Reu ters [SYDNEY] Japanese investors dumped Australian debt at the fastest pace on record earlier this year as the Aussie dollar rose sharply against the yen, and a marked shift in policy
      Reuters  -  413 words
    • 360 22 Reuters [LONDON] European online betting firms’ previous US experience and their record of expanding abroad will give them the edge over rivals when the US market reopens this year, said Britain’s 888 Holdings plc. US legislators had clamped down on internet betting in
      Reuters  -  360 words
    • 556 24 It cites ‘elusive’ economic growth; says Venezuela oil industry may suffer Bloomberg [LONDON] The International Energy Agency trimmed global oil demand forecasts for a second month amid “elusive” economic growth, and warned that Venezuela’s oil industry may suffer following the death of leader Hugo
      Bloomberg; PHOTO: BLOOMBERG  -  556 words
    • 561 24 It says talks’ details will be included in regulatory papers AP [ROUND ROCK, Texas] Dell Inc has rejected a request from a shareholder rights group seeking to review the internal information that led to a proposed US$24.4 billion sale of the struggling
      AP; PHOTO: REUTERS  -  561 words
    • 284 24 Reuters [NEW YORK] The consumer banking website of JPMorgan Chase Co was unavailable to some users as the company tried to deal with a denial-of-service cyber attack that slowed access for some customers. The latest problems on Chase.com came as intelligence officials said
      Reuters  -  284 words
    • 533 24 AFP [WASHINGTON] US authorities were investigating after hackers posted personal financial data belonging to First Lady Michelle Obama, the head of the FBI and several A-list celebrities online. Earlier this week, hackers using a Russian web address published the credit
      AFP  -  533 words
  • Page 20 Advertisements
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  • Page 22 Advertisements
    • 21 22 ASIA’S LEADING LUXURY YACHTING MAGAZINE Blu Inc Media (HK) Ltd. Tel: 852 2165 2800 Fax: 852 2868 1799 Email: queries@bluincmedia.com www.bluincmedia.com
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    • 83 22 R 0 P E R T Y HILLTOP LUCKY HEIGHTS semi-d 3300/4800 S f Luxurious CHUNG CHENG VICINITY Well Kept 2 Storey Semi-D. 5+1 Rooms. F/Furn. Great LandS f C a e Car Lots Land; 4 600 sf/ Built in: 3900 sf. $MK. JOO CHIAT VICINITY Well Kept 3 Sty
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  • Page 23 Advertisements
    • 190 23 The Business Times Now you can read it any way you want. The business Times JP Morgan counts on Morgan S-EA to grow E 19-20 SEPTEMBER THE BUSINESS TIMES .iMCWISa. THE BUSINESS TIMES National Day Message RaquMl' For NowOffo. ForlntracoStai Smith's missive won't hurt Goldman much illiBi _CL-2i-i sssSg BUSINESS
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  • Page 24 Advertisements
    • 61 24 march sUE CAB BUD*** «o*n> B585S T ptcoRoess ZAFIRAvs §8b|8SS v> BREAKFAST WITH TORQUE 6 APRIL 2013, SATURDAY WAKE UP TO A BRIGHT AND "STARRY” MORNING WITH THE STUNNING MERCEDES-BENZ A-CLASS! SIGN UP NOW A1 50% OFF 1-YEAR DIGITAL SUBSCRIPTION TORQUE DIGITAL EDITION IS AVAILABLE ON YOUR MOBILE DEVICES! VISIT
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    • 36 24 tabla! TREAT OF THE INDIAN COMMUNITY COMEBACK CAPTAIN Has Dhoni done enough to silence his critics? V Tamil Nadu village gets NRI doc’s healing touch GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
      36 words

  • AVIATION/SHIPPING
    • 613 25 Final approval for Dreamliner flights to resume could come by late April AP AFP Bloomberg [WASHINGTON] A Boeing plan to redesign the 787 Dreamliner’s fire-plagued lithium-ion batteries has won approval from the US Federal Aviation Administration (FAA), although officials gave no estimate
      AP; AFP; Bloomberg  -  613 words
    • 397 25 Reuters [OSLO] A Chinese shipping firm is planning the country’s first commercial voyage through a shortcut across the Arctic Ocean to the United States and Europe in 2013, said a leading Chinese scientist. Yang Huigen, director general of the Polar Research Institute
      Reuters  -  397 words
    • 525 25 AP Reuters [HONG KONG] Cathay Pacific Airways has announced that its annual profit tumbled more than 80 per cent because of high jet fuel prices, global economic uncertainty and weak demand for air cargo. Cathay, the world’s largest international air cargo carrier, said profit
      AP; Reuters; PHOTO: AP  -  525 words
    • 240 25 SGX 000 Mar 13 ss +7Vol CH Offshore,., Chuan Hup Hldg Cosco Corp .0 27 unch unch 0.01 123 200 2517 274 Ezra Hldcp -1 07 -0.01 2437 546 Grand Sanies Java Huld Hr) M Ventures Keppftl Co»p Mercdlor Lines unch 0 60 0.17 n 73 unch unch
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    • 585 25 China Southern‘s Sydney-London fare lower than others’ Bloomberg [SYDNEY] Travellers plying the Kangaroo Route between Australia and Europe have discovered the cheapest path goes through Guangzhou in China. China Southern Airlines is undercutting Qantas Airways by as much as 34 per cent on the
      Bloomberg  -  585 words
  • Page 25 Advertisements
  • Page 25 Miscellaneous
    • 343 25 CRYPTIC CROSSWORD Across 8 Examines notices either side of bridge (8) 9 China perhaps and gold that is linked to part of Scripture (6) 10 Bird nesting in window ledge (3) 11 Nibbled, we hear, and said to be sort of cross (8) 12 At home, then not at home
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  • EDITORIAL & OPINION
    • 508 26 EDITORIAL THE latest round of initiatives from the government to help small and medium-sized enterprises (SMEs) to restructure and to grow deserve a cautious welcome, but they may need to be fine-tuned in the light of experience. The most notable of the latest
      508 words
    • 797 26  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THE euro crisis is back. Actually, it never left. But there was an extended period, beginning last summer, when Europe’s political, business and media elites convinced themselves that the worst had
      The Washington Post Writers Group  -  797 words
    • 1027 26  -  Paris can’t regain its economic strength unless it sets aside the common currency By BRIGITTE GRANVILLE The writer is professor of international economics and economic policy at Queen Mary, University of London DIRE conditions can permit what was once unthinkable to push its way into
      PHOTO: AFP  -  1,027 words
    • 1231 27  -  How the incoming Japanese central bank governor handles his new job will have far-reaching implications ANTHONY ROWLEY Tokyo Correspondent ARUHIKO Kuroda has a fight on his hands as he prepares to take over the helm of the Bank of Japan, and the way in which he
      PHOTO: BLOOMBERG  -  1,231 words
    • 849 27  -  By J BRADFORD DELONG The writer, a former deputy assistant secretary of the US Treasury, is professor of economics at the University of California at Berkeley and a research associate at the National Bureau for Economic Research ON the back left corner of
      PHOTO: AFP  -  849 words
    • 527 27 LETTER TO THE EDITOR WE refer to the article “Iskandar beckons, but investors beware” (BT, March 4). On behalf of Iskandar Regional Development Authority (IRDA), I would like to thank The Business Times for highlighting some of the concerns raised by members of the
      527 words


  • 1459 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
    1,459 words
  • Page 28 Advertisements
    • 83 28 Shipping lines seeking reliable logistics partners TO ADVERTISE, CALL JOE WONG AT 9620 1327 Can they find your services here in the Shipping Times? M The Business Times Shipping Times PLACE YOUR AD HERE .The Business Times Shipping Times CALL JOE WONG AT 9620 1327 PLACE YOUR AD HERE The
      83 words

  • SINGAPORE STOCKS
    • 3173 29 Transaction date: Mar 13 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 Vol Day Last Quote 11 6.9 AEM --AAT C'vr 164 106 AIMSAMPIReit 157.5 -1 80 158.5 157.5
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    • 191 30 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 4.6 1.3 t Advanced System 1.7 unch 5521 1.8 1.7 1.7 1.8 25.3 Last Quote Div Gr Yld Net M Cap High
      191 words
    • 10539 30 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited Asian Local Ccy SD Bond 1.0078/ Asian Smaller Cos'" 2 0162/ EM Local Ccy Bond 1.0108/ European Opportunities 1 1 1599/ Global Emerging Markets 1
      10,539 words
    • 262 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 50 25.5 AVJennings A39 +1 8 39 39 39 41.5 3.6 9 3.1 101.6 46.5 30 Genting HK US$ US44.5 -0.5 6807 44.5 44 44.5 45 2930.1
      262 words
    • 943 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 117.9 -0.9 17 118.7 117.6 118 118.8 538.2 136.8 120.4 CIMB APAC Div 100S$D 136.8 136.3 137.2 111.7 95.8 CIMB
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  • FINANCE & COMMODITIES
    • 632 31 Mar 13 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.29 *****.45 *****.48 Jun13 *****.00 *****.00 *****.00 *****.00 *****8 *****3 Sep13 *****.00 *****.00 *****.00 *****.00 27 146 MSCI TAIWAN INDEX FUTURES SPOT 288.01 289.48 286.13 Mar13 287.50 289.30 285.50 287.50 ***** *****2 Apr13 287.30
      632 words
    • 373 31 In local curr In S$ In US$ dy yr dy yr dy yr Mar 12 Index Change Change Change Change Change Change World Preliminary 1025.9 -0.2 9.3 -0.3 9.3 -0.2 7.0 EAFE Preliminary 857.3 -0.1 10.7 -0.2 7.8 0.0 5.6 Europe Preliminary 1242.2 0.0 8.3
      373 words
    • 107 31 Mar 12 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 13 1489.75 1514.75 1516.00 1488.75 May 13 1468.75 1479.50 1480.50 1465.00 Jul 13 1445.75 1454.75 1456.25 1439.00 Aug 13 1399.00 1407.25 1408.00 1392.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 13 49.83
      107 words
    • 70 31 CRUDE OIL PRODUCTS Mar 12 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.46 -0.08 WTI (Near Mth) 92.54 0.65 Dubai (1-Mth F) 105.60 -0.48 Tapis blend 115.23 -0.43 Minas 110.73 -0.43 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 103.33 -1.45 Jet Kerosene 124.50 -0.55 US$/barrel OpecOil Basket
      70 words
    • 22 31 Mar 13 S$ Bid Offer 1-month 1.2463 1.2465 2-months 1.2462 1.2465 3-months 1.2462 1.2465 6-months 1.2460 1.2468 Source: OCBC
      22 words
    • 65 31 Mar 12 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1939.00 1909.25 3 months 1981.50 1951.50 Copper, Grade A(US$/tonne) Cash 7797.75 7725.25 3 months 7830.00 7758.00 Lead(US$/tonne) Cash 2216.75 2177.75 3 months 2234.00 2196.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
      65 words
    • 567 31 Mar 13 M C4 1 Willi Euro (Mi Indfu Wupi.wi V»n WOII AM W2S Oat Hi Peso 8$ ftand Sir HT5 bain ptiunJ uss AinO'ill.i 1 .«»(>. GA/Jti sjw S,0l'l 55/111 IDU.IIi B96? 11,150 3.210 (.244 mti ns 41 911 1.288 <441 0*79 > ?tfi 1J Old
      567 words
    • 68 31 Mar 13 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid
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    • 134 31 Mar 13 GOLD(US$/oz) Mar 12 Mar 13 Hong Kong 1590.50 1599.00 Mar 11 Mar 12 London 1579.35 1591.94 1580.15 1593.16 Source: Thomson Reuters CAST BAR Mar 13 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 143 64 5gm 407 319 10gm 727 638
      134 words
    • 87 31 Mar 13 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 13-Jun-13 0.26 6-Month BS*****H 05-Sep-13 0.27 1-Year BY*****X 01-Nov-13 0.27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-13 100.11 100.19 100.18 5-Year N*****0Z 2.375
      87 words
    • 59 31 Mar 13 Mar 13 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 13 2375.0 2382.0 2375.0 2375.0 4 1041 Apr 13 2374.0 2386.0 2393.0 2360.0 1843 9857 May 13 2385.0 2397.0 2402.0 2365.0 ***** ***** Jun 13
      59 words
    • 186 31 Mar 13 US$ r s "5 2 -2 3! 0 s 3 3 t 5 5 >• c 2 tr r r- va S* n c 1 2T t> 3 t 5* 1 i 111 n> 1 5 2 I > 3 1 i 1 5 c
      186 words
    • 121 31 As at 9am Mar 13 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.317 1.255 Can dollar 1.244 1.185 Euro 1.663 1.584 Sterling pound 1.893 1.821 NZ dollar 1.061 1.001 US dollar 1.272 1.212 Local dollars to 100 units of foreign
      121 words
    • 157 31 Mar 13 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.60 0.40 9 months 0.75 0.55 12
      157 words
    • 80 31 Mar 12 COCOA (£/tonne) Close Prev High/Low Mar 13 1452 1440 1465/1447 May 13 1465 1451 1475/1457 Jul 13 1477 1464 1487/1470 Sep 13 1489 1475 1498/1482 COFFEE(US$/tonne) Close Prev High/Low Mar 13 2161 2136 2168/2125 May 13 2206 2190 2208/2170 Jul 13 2208 2188 2210/2175 Sep 13 2205
      80 words
    • 927 31 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 650 5.00 14 AlliedTech W*****2 Ratio Asiatravel.com HoldingsW*****7 3 1 25 16 Asiatravel.com HoldingsW*****5 3.3 1 27 40 BakerTech W*****5 Disc Best World Intl Ltd
      927 words

  • PROPERTY
    • 1029 32 Plan helps borrowers with mortgages backed by govtowned finance firms Bloomberg [WASHINGTON] Lenders are becoming more willing to offer new loans to borrowers who don’t have any home equity after changes to the rules of the US government’s Home Affordable Refinance Program
      Bloomberg; PHOTO: AFP  -  1,029 words
    • 217 32 Reu ters [LONDON] London’s Mayor Boris Johnson announced plans to build a floating village on the River Thames on Tuesday as the British capital looks to regenerate derelict sites around its eastern waterways in the aftermath of last year’s Olympic Games. The plans, which were
      Reuters  -  217 words
    • 513 32 Reuters [DUBAI] Starwood Hotels Resorts Worldwide Inc will open 50 new hotels in the Middle East and Africa (MEA) over the next five years as the company bets on emerging markets to boost revenue. The US-based company operates nine hotel brands including Sheraton
      Reuters  -  513 words
    • 763 32 PROPERTY TRANSACTIONS FOR DISTRICTS 2 TO 28 WITH CONTRACT DATES BETWEEN FEB 13 AND FEB 19, 2013 PROJECT NAME/ STREET NAME PROP TYPE OJNKWfif DATE TENURE SUIlTrlN/tAND AREA-(SO FT' PfWi (SS'OOO) (55) District 2 NON-LANDED Spotttswoode Residences Apt 19/*****V5 EH 603 1351 2242 District 8 NON-LANDED City Sq Residences
      763 words
    • 1199 33  -  Fear is that buildings will be next, after open land of housing projects make way for private apartments. By MIREYA NAVARRO NYT [NEW YORK] HEN Hassan Adam was growing up in public housing on the Lower East Side of Manhattan, his playground was a
      NYT; PHOTO: NYT  -  1,199 words
    • 457 34  -  Vendor seeking $38m, or $1,650 psf, for 43 units totalling 22,980 sq ft By TEO SI JIA [SINGAPORE] Forty-three commercial strata units in Singapore Shopping Centre are up in the market for a collective sale. The shop and office spaces, measuring 22,980
      PHOTO: CBRE  -  457 words
    • 519 34 WP [WASHINGTON] What sits in a prime location in Tokyo, is being offered at a bargain price, yet may be difficult to sell? The central headquarters of the pro-Pyongyang General Association of Korean Residents in Japan (Chongryon) in Chiyoda
      WP  -  519 words
    • 170 34 Reu ters [BANGALORE] TPG Capital Management LP is planning to launch its first real estate fund with a target of at least US$1 billion, the Wall Street Journal reported, as the private equity firm looks to join its rivals in pursuing real
      Reuters  -  170 words
    • 538 36 Substantial portion will come from private-equity firm’s own money Bloomberg [NEW YORK] KKR Co, the private-equity firm run by Henry Kravis and George Roberts, is preparing to market its first fund dedicated to real estate with an initial US$500 million
      Bloomberg; PHOTO: ARTHUR LEE  -  538 words
    • 287 36 Bloomberg [LONDON] Investors increased the amount of equity they plan to commit to US real estate by 19 per cent to US$55 billion in the second half of last year, more than any other region, according to Lon-don-based broker DTZ. Money
      Bloomberg  -  287 words
    • 1142 37 Beijing introduced restrictions on non-locals in 2011 they are required to wait five years before purchasing a house Bloomberg [BEIJING] Beijing’s strictest-in-the-nation property curbs are forcing up rents for about 7.7 million residents originally from outside of the city who are blocked from buying a
      Bloomberg; PHOTO: BLOOMBERG  -  1,142 words
  • Page 32 Advertisements

  • Page 33 Advertisements
    • 275 33 ARENA KELLO SINGAPORE SOUTH BRISBANE :1 INVESTMENT SUBURB IN AUSTRALIA APARTMENTS SOUTH BRISBANE mu iJi V- Si 1 N a v I 1 clT J r~\ I f u:T* 3«JB1 V-A. 5-5 I 'I'll I s .«hi ISC! 1 :z It m»f!5 w-** •II «ai e?t ;3 '.«V^ 't«fc a
      275 words

  • Page 34 Advertisements
    • 542 34 ONE MUSEUM MILE at 1280 Fifth Avenue RESIDENCES ON CENTRAL PARK illES! I 1 rP c > 58 *SS r Va i m m ■i V A i EXHIBITION Sat 16th and Sun 17th March 11am 7pm Hilton Hotel Singapore, 5/F Malaysia Room, 581 Orchard Rd, Singapore *****3 Exceptional LOCATION
      542 words
    • 110 34 International Property Group Pte Ltd A Singapore based Boutique Real Estate Broker Focusing On Commercial Real Estate In Central Region of Singapore. We deal with Sales Leasing of the following types of assets 3 4 Star Hotels Shopping Mall Office Commercial Buildings Boutique Budget Hotels Commercial Shophouses Strata Office Units
      110 words

  • Page 35 Advertisements
    • 356 35 Landmark development in Islington, London QUEENSLAND TERRACE j|? ,A3. fs: ■a-V. •r t El ““V f TT Y V s II Kll :i b I III I N 1 ■I >4 V j ii -j -"1 gii flic L MA ii ji If I I!:: I !r II llll ill*
      356 words

  • Page 36 Advertisements
    • 410 36 PRIME SHOPS OFFICE SPACE OFF ORCHARD ROAD FOR SALE PLAZA THE ATRIUM T wf r athav SINGAPURA ©ORCHARD mt0AmAY ORCHARD ROAD I ISTANAPARK DHOBY GHAUT U PARK MALL c VISIONCREST RESIDENCE SINGAPORE SHOPPING CENTRE YWCA Extremely rare opportunity to acquire either half floor or whole floor of commercial space just
      410 words
    • 144 36 PRIME STAKE IN QUEENSWAY SHOPPING CENTRE SALE BY EXPRESSION OF INTEREST a Ssf Closing on 2 nd April, 2013, 3pm il Freehold Strata floor areas 2,734 sq ft 7,654 sq ft Fully leased to anchor tenants Face main concourse, high visibility No Additional Buyers’ Stamp Duty or Sellers’ Stamp Duty
      144 words

  • Page 37 Advertisements
    • 432 37 SS SSSP ssse A cv V ■r v* "A is T AT 5 11 I Tsassii 1 EXHIBITION: 16 th 17 th March, 2013, Saturday Sunday (11 am 7pm) Shangri-La Hotel White Azalea (Level II), 22 Orange Grove Road, Singapore *****0 R THE RESIDENCE WEST HAMPSTEAD LONDON NW6 PRICES FROM
      432 words

  • Page 38 Advertisements
    • 341 38 Ads come to life with The Business Times on iPad Advertise on The Business Times iPad for a new dimension in creativity and reader interaction. It is another strategic platform to capture the imagination of your target markets. To advertise, email imark@sph.com.sg BT standard Chartered Win up to hundred dollars
      341 words