The Business Times, 18 March 2013

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Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Monday, March 18, 2013
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  • Article, Illustration
    Lock icon The rich are turning bullish, and they ain’t rotating
    1023 1  -  They are using cash, not selling bonds, to buy equities By CAI HAOXIANG [SINGAPORE] As they put the nightmare of the global financial crisis behind them, high net worth individuals are turning positive on equities and buying them again. But they
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  • Article, Illustration
    Lock icon S’pore M&A slow to rouse after 2012’s party
    487 1  -  By KENNETH LIM [SINGAPORE] Singapore merger and acquisition (M&A) activity had its slowest start in four years as announced deal volumes fell 13.5 per cent year-on-year in the first quarter of 2013, according to preliminary data compiled by Thomson Reuters. Total announced
    PHOTO: REUTERS  -  487 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      57 1 Weekly Change ST INDEX 3,286.05 -3.48 KL COMP 1,627.64 -26.32 NIKKEI 225 12,560.95 +277.33 HANG SENG 22,533.11 -558.84 SET INDEX 1,598.13 +31.21 JAKARTA COMP 4,819.32 -55.18 MANILA COMP 6,654.60 -179.17 SEOUL COMP 1,986.50 -19.51 SHENZHEN B 797.79 -29.20 MUMBAI IND 19,427.56 -255.67 DOW 14,514.11 +117.04 NASDAQ 3,249.07 +4.70 S&P
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    • Article
      Lock icon PRIME RATES
      19 1 SINGAPORE 5.38 MALAYSIA 6.55 HONGKONG 5.00 INDONESIA BRITAIN TAIWAN US JAPAN CANADA KOREA 9,33 BRITAIN Source: Bloomberg
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    • Article
      Lock icon FOREX
      49 1 US$ S$ US$ (S$ per US$) 1.249 (US$/S$ per 1.513 1.889 EURO (US$/S$/E) 1.302 1.627 Foreign currency per US$ S$ YEN 96.00 76.90 RM 3.121 2.499 HK$ 7.758 6.211 BAHT 29.54 23.65 RUPIAH 9,700 7,765 RENMINBI 6.215 4.976 INDIAN RUPEE 54.13 43.33 A$ 0.964 0.772 NZ$ 1.217 0.974
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      185 1 VIEWS FROM THE TOP Hire expectations PAGES 9, 10 11 YOUNG INVESTORS’ FORUM A basic guide to the income statement PAGE 12 DINING OUT Star search at Me@OUE FORMULA 1 Raikkonen wins season opener at Melbourne PAGE 4 PAGE 25 IWC Portuguese. Engineered for navigators Portuguese Perpetual Calendar. Ref. 5032:
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      26 1 BT WEBSITES For breaking news, go to businesstimes.com.sg. For personal finance stories, go to btinvest.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. 8 *****1 *****4
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  • TOP STORIES
    • Article, Illustration
      Lock icon Faster reforms top new China leaders’ agenda
      885 2  -  Xi and Li pledge to fight corruption and wean Beijing off lavish spending By VIRGINIE MANGIN in Beijing BOTH of China’s new leaders, President Xi Jinping and Premier Li Keqiang, called for wide-ranging reforms, pledging to keep the country’s finances in order and
      PHOTO: AFP  -  885 words
    • Article
      Lock icon Scandal shames top 3 Indian private banks
      707 2  -  Online portal accuses them of large-scale money laundering By NEETA LAL in New Delhi IN a scandal that has rocked India’s banking sector, the country’s top three private sector banks ICICI Bank, HDFC Bank and Axis Bank have been accused by online portal
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    • Article
      Lock icon THREE-MINUTE DIGEST
      508 2 The rich are turning bullish, and they are not rotating HIGH net worth individuals are turning positive on equities and buying them again. But they are not really participating in the “great rotation” Wall Street’s hypothesis of a once-in-a-generation bond sell-off to pay for riskier equity assets. This
      508 words
    • Article, Illustration
      Lock icon Signs point to bull market gathering pace
      929 2  -  WALL STREET INSIGHT By ROB CURRAN THIS could be the week that the professionals' favourite measure of the US stock market, the Standard Poor's 500, rings in a new phase for the bull market. With all economic indicators pointing upwards and reports of
      PHOTO: AP  -  929 words
    • Article
      Lock icon Indonesia’s top priority: creating more jobs
      916 4  -  And that involves making the country more attractive to foreign investors By Jakarta JEFFREY HUTTON in Jakarta THE head of Indonesia’s government agency promoting and managing foreign investment in the country has said that, regardless of the result of next year’s presidential election, any
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    • Article, Illustration
      Lock icon Two-stop strategy does it, as Raikkonen wins F1 season opener at Melbourne
      619 4 Reuters [MELBOURNE] Kimi Raikkonen drove a brilliant race to win the Australian Grand Prix for Lotus yesterday as the new Formula One season opened with an absolute thriller at Albert Park. Finland’s 2007 world champion rode to victory
      Reuters; PHOTO: AP  -  619 words
    • Article, Illustration
      Lock icon Asia-Pac nations slip in Rice Bowl Index
      627 4  -  By ANDREA SOH [SINGAPORE] Most countries in Asia Pacific saw a decline in the robustness of their food security systems from May to December last year, and became more vulnerable to volatility and shocks. Malaysia, Myanmar and Vietnam were the exceptions, seeing their
      PHOTO: AFP  -  627 words
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      647 3 WELCOME TO THE ERA OF On a smarter planet, we’ve seen how predictive analytics can help transform everything from how we fight crime to how we improve things like healthcare, food safety and utility grids. For companies, this has raised interesting questions about how to take advantage of the unprecedented
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      50 4 i\$) budget tour Planners Beyond Expectations Discovertheworldwith Budget Tour Planners We offer customised itineraries that go beyond the ordinary... /Company Incentive Trips Off-site Meetings /Special Interest Tours /Tradeshows /Educational Tours /Pilgrimage Tours /Church Retreats /Local Sightseeing Tours /Coach Charter Tel: 6737 1811 Email: sales©budget-tours.com.sg 51 Cuppage Road, #06-17, Singapore *****9
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Reits with more offshore assets set to be listed here
      936 5  -  S’pore attractive to owners in countries without proper Reit frameworks By ONG CHOR HAO LISTINGS of real estate investment trusts (Reits) here are likely to comprise more offshore assets and be of a fairly large size, says the head of
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    • Article
      Lock icon PRIME LENDING RATES
      265 5 Mar 15 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited 5.50 Bank of Communications 5.50 Bangkok Bank Public Co. Ltd ...6.00 Bank of China Limited Bank of Tokyo-Mitsubishi Bank of Communications Banque Internationale a ...5.75
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    • Article, Illustration
      Lock icon Buying keeps uptrend, sales down
      1761 7  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd UYING in the March 11-15 period rose for the third straight week while disposals by directors fell after heavy selling for two straight weeks, according to Singapore Exchange filings. A total of
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      16 5 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements NOTICES
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      145 5 To be enterprising is to excel. The 6th annual Emerging Enterprise Award, which is now open for nomination, encapsulates just that by challenging SMEs to test their mettle and push the frontiers. A strategic platform that opens new doors, the accolade will empower the winners to raise the bar in
      145 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon When stocks run on hype ...
      681 6  - When stocks run on hype STOCKS R SIVANITHY Senior Correspondent IN ITS comprehensive secondquarter Economics Markets Strategy report issued last week, DBS Group Research used the phrase “keep buggering on”, or KBO for short, popularised by the late British prime minister Winston Churchill. “There’s no wind at your back,” said
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    • Article
      Lock icon Dollar ends five-week rally as economy-led momentum slows
      471 6 CURRENCIES Bloomberg [NEW YORK] The US dollar last week halted a five-week rally against the euro that was backed by signals of a strengthening US economy, as bullish momentum waned and a report last Friday showed that March consumer sentiment trailed forecasts.
      Bloomberg  -  471 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1403 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Capital Ind REIT 2.50 2.50 2 8.85 17.74 1.69 1.59 Amtek Engineering Ltd 3.25 3.25 4 0.05 8.16 0.61 0.54 ARA Asset Management 2.57 1.57
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 6 Mar 15 VALUE CLOSE BT OB/OS -363.00 +364.00 BT CADI -*****.00 +80.00 BT 10-day MA -*****.00 -36.00 FTSE ST Mid Cap 804.09 -3.20 FTSE ST Small Cap 563.80 +3.88 FTSE ST All Share 807.35 +0.97 FTSE ST China Top 216.77 -0.28 FTSE ST China 243.92 -2.90 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      54 6 VOLUME SingHaiyi 6,222,396,000 WE Hldgs 1,609,700,000 IPCO Intl 1,107,852,000 CarrierNet 1,032,492,000 Cedar 809,278,000 YHM 656,479,000 NexGenSCom 638,495,000 Magnus 599,191,000 Golden Agri 519,890,000 Equation 519,397,000 VALUE($) SingTel 411,811,956 Wilmar 379,989,952 GLP 330,451,719 CapitaLand 321,903,204 Golden Agri 314,695,990 DBS Grp 284,168,349 HK Land 260,996,661 Thai Beverage 256,650,915 SPH 255,745,500
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    • Article
      Lock icon Oil prices diverge amid mixed outlook
      529 6 COM MO DITIES AFP [LONDON] Global commodity markets traded mixed last week as dealers reacted to global demand expectations for raw materials, including oil. Oil: World crude prices diverged as traders seized on news of demand forecasts from major global energy organisations and reacted
      AFP  -  529 words
    • Article
      Lock icon RISES
      109 6 BY CENTS CLOSE UP SPDRS S&P 500 10US$ ***** 163.6 0.8 JSH 4086 156.1 3.2 DBXT E50 10US$ 4227 121.2 2.3 DBXT MSJAP 10US$ 4120 109.9 2.2 Spore Land 907 99.0 12.3 DBXT SPASX200 10US$ 4147 66.2 1.3 DBXT MSTHAI 10US$ 2303 65.0 2.3 DBXT Nifty 10US$ ***** 63.7
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      Lock icon FALLS
      124 6 BY CENTS CLOSE DOWN JMH 6450 -309.8 -3.7 Jardine C&C 5250 -175.0 -3.2 DBXT MSKorea 10US$ 5906 -149.9 -2.0 DBXT AUD Bonds 5AU$ ***** -142.5 -0.6 DBXT FTChina25 10US$ 2838 -133.6 -3.6 DBXT MSAsExJp 10US$ 3324 -79.9 -1.9 Lyxor China H 10US$ 1426 -79.9 -4.3 DBXT iBoxxSing 5SG$ *****
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 WEEKLY
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      88 7 I m m SJ M T 1 y i Si LABEL READS'CRITICAL. OUR PEOPLE READ HOPE'. At FedEx we know that every package we handle is more than just a package. Whether it is a vaccine that will save lives, or a critical part for a downed production line, the
      88 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Bid to block US funding to IME disappointing: MFA
      362 8  -  Ministry says S’pore transparent in probe of Todd’s death and in IME projects By KENNETH LIM SINGAPORE is “deeply disappointed” that two US senators are seeking to block US funding to Singapore’s Institute of Microelectronics (IME), the Ministry of Foreign Affairs
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    • Article
      Lock icon COMPANY MEETINGS
      260 8 COMPANY MEETING PLACE DATE TIME Global Premium Htl A 168, Changi Road #05-01 (Attic Level) Fragrance Building 18-Mar 9.00am Sakae Holdings E 28 Tai Seng Street Sakae Building Level 7 18-Mar 2.00pm China Fishery Group E Ballroom 1 Lobby Level Mandarin Oriental S'pore 5 Raffles Ave Marina Square
      260 words
    • Article
      Lock icon Tender for JTC wastewater treatment plant launched
      309 8  -  Plant will reduce costs and quicken start-up of tenants By WEE LE TING JTC Corporation (JTC) launched a public tender last week inviting interested parties to undertake the management, maintenance and operation of a centralised wastewater treatment plant (CWTP) at the Surface Engineering
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    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1906 8 Payment Ex Rec Pay Ann (cts) date date date date Action Asia ak 0.700 10-May 14-May 28-May 04-Mar Advanced Int Mfg ak 0.160 06-May 08-May 20-May 04-Mar AEI Corporation an 1.000 02-May 06-May 15-May 20-Feb AEM Hldgs ak 0.350 05-Jun 07-Jun 21-Jun 25-Feb AIMS AMP Cap Ind REIT
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    • Article
      Lock icon Urban Vista 43% sold after launch weekend
      405 8  -  By KENNETH LIM DEVELOPERS of the 582unit Urban Vista condominium project sold 250 apartments, or 43 per cent of the total, over the weekend, according to a representative for the developers Fragrance Group and Aspial Corp subsidiary World Class Land. The bulk of
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    • Article, Illustration
      Lock icon Yacht galore at Boat Asia show in April
      279 8  -  By NG SAI YING YACHT enthusiasts are in for a treat come mid-April. From 18 to 21 next month, two of Asia's largest boating events, Boat Asia 2013 and Singapore Yacht Show 2013, will be held concurrently. Boat Asia celebrates its 20th
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      254 8 Excellence Sharing 2013 BUSINESS £r SERVICE EXCELLENCE SHARING BUSINESS AND SERVICE EXCELLENCE FOR QUALITY GROWTH The Business Service Excellence Sharing aims to help companies leverage on business and service excellence to boost productivity and promote quality growth. It provides a learning platform of best practice sharing from the 2012 Business
      254 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Hire expectations
      3654 9 THIS WEEK’S TOPIC Will the recently announced employment-related Budget proposals and other similar measures change employers’ hiring processes and strategies, and if so, how? Could the measures be fine-tuned further? Phillip Overmyer Chief Executive Singapore International Chamber of Commerce AN increasing number of Employment Pass holders are senior
      ST FILE PHOTO  -  3,654 words
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      283 9 In today’s increasingly competitive landscape, good talent will continue to drive your business forward and up. The tricky part is this: How do you effectively search for them? Let us do the work for you. SearchAsia believes that good people are the key to every organization’s success. Good people are
      283 words
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      383 10 CHARTERHOUSE is a boutique executive search firm with footprints in Asia, Australasia and the Middle East. We offer professional and bespoke contingency and retained search services across a variety of industrial sectors. Recruitment is a people-focused business our success and growth are reliant upon our people. The development and success
      383 words
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      89 10 Persevering Spirit to draw out the bestTalents AYP Associates is a leading provider of Executive Search and Human Resource Consultancy services in Asia Pacific region that is committed to deliver the finest talent. Coming from diverse industries, our team of professionals understand the needs of your business. With our global
      89 words
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      357 11 Established and headquartered in Singapore, Straits TalentTMis a solution-focused executive search firm and human capital business partner. We pride ourselves in providing innovative and tailored human capital solutions so as to aid value creation for your business. In this knowledge era we live in, intellectual capital is pivotal to every
      357 words
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      153 11 A full list of views from CEOs is available at http://businesstimes.com.sg Youcan Bank onour WEALTH of EXPERIENCE With 14 years of experience in Singapore, Trustford Consultants is your committed partner in executive search. We have been providing professional executive search and selection services for our clients in Asia since 1999
      153 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article
      Lock icon A basic guide to the income statement
      1836 12  -  Also known as the profit and loss statement, this helps you evaluate how a company is doing and if it is an attractive investment prospect, byCAI HAOXIANG by CAI HAOXIANG FINANCIAL statements can be intimidating when first encountered. Rows and rows of numbers
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      Lock icon Not yet 21, but owner of IT centre for apps
      1186 12  -  For Sidwyn Koh, who turns 21 tomorrow, youth is no barrier, writesLEE MEIXIAN STARTING YOUNG writesLEE writesLEE MEIXIAN NOT yet a legal adult but he’s already running his own business. Sidwyn Koh, who turns exactly 21 tomorrow, is the founder
      PHOTO: ARTHUR LEE  -  1,186 words
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      156 12 Get started now Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      156 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Rising political risk seen weighing on investments
      512 13 Malaysia’s economic outlook likely to be sensitive to election results: Credit Suisse [KUALA LUMPUR] Despite impressive macroeconomic performance last year, the economic outlook for Malaysia this year is likely to be sensitive to the election outcome, says research house Credit Suisse in its
      PHOTO: REUTERS  -  512 words
    • Article
      Lock icon IFF task force institutionalised
      350 13 [KUALA LUMPUR] Malaysia’s multi-agency special task force to reduce illicit financial flows (IFF), which has been operating since March 1 2011, will be institutionalised this year. In a related move, the government will also establish a Central Asset Management Corporation to secure value from assets seized
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    • Article
      Lock icon Indonesia to probe WWF claims on deforestation
      316 13 [JAKARTA] Indonesia’s Forest Ministry will investigate claims of continued deforestation in Riau’s protected Tesso Nilo National Park after lawmakers lashed out at the World Wildlife Fund’s comments on its work in the park. “We will evaluate (the WWF’s work),” Darori, the ministry’s director
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      109 13 Confidence to grow That’s what agricultural producers can achieve when they’re smart about managing risk. And smart managers work with CME Group, the world’s leading derivatives marketplace. Farmers and ranchers around the world partner with us to help them manage every kind of risk. Crop prices, weather fluctuations, interest rate
      109 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon India’s dilemma over ban on helicopter firm
      638 14 Defence minister wants to blacklist AgustaWestland but he may be outvoted Reuters [NEW DELHI] Indian Defence Minister AK Antony is leaning towards barring Anglo-Italian helicopter firm AgustaWestland from doing business in the country because of a corruption scandal, but he could be outvote
      Reuters  -  638 words
    • Article
      Lock icon BURSA MALAYSIA
      1449 14 VOL Mar 15 RM +/-(‘000) VOL Advance Synerg 0.14 unch 426 Adventa Bhd 0.33 0.01 382 Ae Multi Hldgs 0.24 0.01 290 Affin Holdings 3.43 0.03 1082 Ahmad Zaki Res Airasia Bhd 2.77 -0.02 5121 Alliance Finan Aluminium Co 0.67 unch 0 Amalgamated In unch Ammb Hldgs Bhd
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    • Article, Illustration
      Lock icon Further CITES restrictions put bite on shark fin traders
      659 14 Defiant merchants say they will import other species AFP [HONG KONG] A conservation victory restricting global trade in more shark species will take a fresh bite at Hong Kong’s market in fins, which has already been hit hard by persistent attacks
      AFP; PHOTO: AFP  -  659 words
    • Article, Illustration
      Lock icon Nepal’s first billionaire hopes to inspire nation
      561 14 AFP [KATHMANDU] Run by Maoist revolutionaries and plagued by poverty, Nepal is not the most obvious place to make big bucks. But Binod Chaudhary, the country’s first billionaire, sees no reason why his breakthrough shouldn’t inspire other success stories. “I am proof to
      AFP; PHOTO: AFP  -  561 words
    • Article
      Lock icon Henry Tang’s wines fetch US$6.22m at auction
      321 14 AFP [HONG KONG] A former Hong Kong politician sold off part of his rare wine collection for more than US$6 million, auction house Christie’s said yesterday, after a scandal over a wine cellar at his home was partly blamed for his loss in
      AFP  -  321 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon US, Japan set to take up slack as EMs slow
      756 15  -  Financial imbalances could re-emerge as an issue of concern, analysts say By ANTHONY ROWLEY in Tokyo CHINA and other emerging markets have been the main drivers of the world economy since the global financial crisis of 2008, but the US
      PHOTO: BLOOMBERG  -  756 words
    • Article
      Lock icon Osborne’s Budget likely to stick to austerity measures
      641 15 AFP [LONDON] British Finance Minister George Osborne will unveil his latest tax and spending plans this week in an annual Budget that is likely to stick firmly to the coalition government’s austerity drive despite the country’s economy coming close to another recession.
      AFP  -  641 words
    • Article
      Lock icon Philippines will boost domestic debt sales next quarter
      385 15 Treasury wants to take advantage of liquidity Bloom berg [MANILA] The Philippines will probably increase domestic debt sales next quarter to take advantage of liquidity that may further expand after the central bank cut borrowing costs last week, Treasurer Rosalia de Leon
      Bloomberg  -  385 words
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      Lock icon Australian budget pushed further into deficit
      379 15 Bloomberg [SYDNEY] Australia faces a “massive hit” to government revenue, pushing the nation further into deficit ahead of an election in September, Treasurer Wayne Swan said. The national budget fell a further A$4.6 billion (S$6 billion) into deficit in the first four weeks of
      Bloomberg  -  379 words
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      96 15 ALMATY w Seoul Beijing Bangkok' Kuala Lumpur Hong Kong Ho Chi Minh Kuala Lumpur Almaty 3 times a week Ho Chi Minh Almaty jf- 2 times a week Beijing Almaty ■4“ 5 times a week Bangkok Almaty 7 times a week Seoul Almaty Hong Kong Almaty jjs 2 times a
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      236 15 GROWING MALAYSIA’S economic prosperity needs a NEW CULTIVATION MINDSET. Just how will Malaysia's future policies shape and steer investment opportunities, improve the economic climate and raise standards? Meet the incisive minds that are already out-thinking the rest. 21 MARCH 2013 8.30 AM 5.00 PM GRAND HYATT, KUALA LUMPUR Anwar Ibrahim
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  • WORLD
    • Article
      Lock icon Ford bosses still highest paid car execs
      593 16 US carmakers see strong year in revitalised market NYT [NEW YORK] The turnaround of the US car industry is paying off for senior management, particularly at Ford Motor Co, even with a 29 per cent reduction in compensation for its chief executive. Ford
      NYT  -  593 words
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      Lock icon France’s schisms reflected by tyre factories
      811 16 NYT [AMIENS, France] This is a tale of two factories, across the road from each other in north Amiens, both owned by the same company, Goodyear Dunlop Tires France. But one, Goodyear, is scheduled to close after the union workers there refused to agree
      NYT; PHOTO: AP  -  811 words
    • Article
      Lock icon Queensland sells stake in Aurizon to pare debt
      664 16 Sale of Australia’s biggest rail carrier of coal for A$806m will cut stake to 8.9% Bloomberg [SYDNEY] Queensland’s state government is selling half its stake in Aurizon Holdings Ltd, Australia’s biggest transporter of coal by rail, for about A$806 million (S$1.05 billion)
      Bloomberg  -  664 words
    • Article, Illustration
      Lock icon Drought may cost NZ economy NZ$2b: English
      321 16 Bloomberg [WELLINGTON] New Zealand’s most widespread drought in at least 30 years may cost NZ$2 billion (S$2 billion) as dry conditions across the North Island threaten economic growth, the government estimates. “The latest advice is that somewhere between NZ$1 billion and NZ$2 billion
      Bloomberg; PHOTO: AP  -  321 words
    • Article, Illustration
      Lock icon World’s richest lose US$18b; Gates closes gap with Slim
      629 17 Slim US$5b poorer as Mexican law change risks reining in telco monopolies Bloomberg [MEXICO CITY] The 100 wealthiest people on the planet dropped US$17.9 billion from their collective net worth last week after the Standard Poor’s 500 Index fell short of
      Bloomberg; PHOTO: AP  -  629 words
    • Article
      Lock icon EU on rocky road to single telecoms market
      614 17 Mobile spectrum, price regulation still to be decided Reuters [FRANKFURT] The European Commission will sketch out a blueprint for a single telecoms market in coming months, forcing governments to decide how much power they could surrender to Brussels regulators to make it
      Reuters  -  614 words
    • Article, Illustration
      Lock icon Poorer US students prone to overlook better colleges
      661 17 NYT [NEW YORK] Most American low income students who have top test scores and grades do not even apply to the nation’s best colleges, according to a new analysis of every high school student who took the SAT in a recent year.
      NYT; PHOTO: AP  -  661 words
    • Article
      Lock icon EU’s planned tobacco curbs break WTO rules
      512 18 Malawi concerned as more than 60% of its forex earnings come from tobacco Reuters [GENEVA] The European Union’s plans for tough new anti-smoking rules would break international trade rules, Malawi has told the World Trade Organization, signalling a potential legal challenge from the
      Reuters  -  512 words
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      Lock icon America’s whites losing numerical dominance
      754 18 Shift being driven by immigration from Latin America, Asia AP [WASHINGTON] A historic decline in the number of US whites and the fast growth of Latinos are blurring traditional black-white colour lines, testing the limits of civil rights laws and reshaping political alliances as “whiteness”
      AP; PHOTO: AP  -  754 words
    • Article
      Lock icon BP seeks to halt settlement payments
      520 18 It claims flawed data pertaining to some oil-spilled damage costs Bloomberg [DETROIT] BP plc asked a judge to halt some payments under the US$8.5 billion Gulf of Mexico oil-spill settlement, claiming the administrator is misinterpreting damages claims and increasing the cost to the company.
      Bloomberg  -  520 words
    • Article
      Lock icon Aland islands case could determine EU green power rules
      410 18 Reuters [BRUSSELS] The Aland archipelago, part-way between Finland and Sweden, is the windswept setting for a legal spat over green energy subsidies with implications for the European Union as a whole. Europe’s highest court, the European Court of Justice, has just
      Reuters  -  410 words
    • Article, Illustration
      Lock icon Obama seeks to influence guidelines on use of drones
      699 19 US losing monopoly as Russia, China gain technology Reuters [WASHINGTON] President Barack Obama, who vastly expanded US drone strikes against terrorism suspects overseas under the cloak of secrecy, is now openly seeking to influence global guidelines for their use as China
      Reuters; PHOTO: AP  -  699 words
    • Article
      Lock icon MasterCard doing well despite debt crisis
      417 19 It is benefiting from strong consumer spending in Europe Bloom berg [DUBAI] MasterCard, which is under pressure from France to cut card payment fees, said European consumers are increasingly using credit and debit cards for purchases, dismissing the sovereign debt crisis. “Our business in
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      Lock icon Malls must offer more than just shopping
      855 19 They need to be more like full-service community centres to survive: analysts Reuters [CANNES] As growing numbers of shoppers move online, European mall owners are looking to pull in customers by including services that cannot be replicated on the Web such as hospital
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      Lock icon Fed’s stimulus pressurises other central banks
      488 20 Mexico, Japan, Korea forced to cut benchmark rates, says fund manager Bloomberg [SAN FRANCISCO] The Federal Reserve’s record monetary stimulus has compelled central banks from Mexico to Japan to follow suit, said Pacific Investment Management Co’s Mohamed El-Erian. The Fed’s “artificially low” benchmark interest
      Bloomberg  -  488 words
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      Lock icon Abe wants to meet Xi and Park soon
      618 20 Japanese PM hopes to work well with fellow new leaders AFP [TOKYO] Japan’s Prime Minister Shinzo Abe said yesterday that he hopes to meet the Chinese and South Korean leaders soon to improve relations strained by separate territorial rows. But his ruling
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      Lock icon Abu Dhabi to boost solar power 10-fold with Shams 1
      369 20 Bloomb erg [ABU DHABI] Abu Dhabi, the largest sheikhdom in the United Arab Emirates, is making a 10-fold boost in its capacity to generate electricity from the sun by starting the Shams 1 solar plant with partners Total SA and
      Bloomberg  -  369 words
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      Lock icon Cyprus postpones debate on controversial EU bailout
      509 20 AFP [NICOSIA] The Cyprus government postponed a planned emergency session of parliament yesterday to debate a controversial EU bailout, state media said, as the scale of opposition to its terms became clear. President Nicos Anastasiades also put off until today a planned briefing
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      Lock icon Rand Paul is conservatives’ pick for presidential nominee: poll
      364 20 AFP [OXON HILL, Maryland] US conservative activists have picked Tea Party favourite Senator Rand Paul as their choice to become the 2016 Republican presidential nominee as they wrapped up a major strategy gathering outside Washington. Mr Paul, popular among the younger
      AFP  -  364 words
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      Lock icon US budget cuts will affect tourists, visitors
      969 22 Parks, museums will cut operating hours, close facilities and cancel school visits Washington Post [WASHINGTON] With Congress and the White House deadlocked, visitors to landmarks run by the US National Park Service will confront longer lines, dirtier bathrooms and closed visitor centres. The
      Washington Post; PHOTO: AP  -  969 words
    • Article
      Lock icon Criminal probe into SAC insider trading widens
      828 22 Former analyst said to have tipped off two fund managers Bloomberg [NEW YORK] Jon Horvath, a former analyst at SAC Capital Advisors LP who pleaded guilty to passing illegal tips to a manager at the hedge fund, also funnelled inside information to another
      – Bloomberg  -  828 words
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      Lock icon Too-big-to-fail banks should be broken up: Fisher
      425 22 Bloom berg [NEW YORK] Federal Reserve Bank of Dallas president Richard Fisher said the government should break up the biggest US banks rather than allow them to hold a “too-big-to-fail” advantage over smaller firms. The 12 largest financial institutions hold almost 70 per
      Bloomberg; PHOTO: REUTERS  -  425 words
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      Lock icon Manila casino bribery probe centres on US$25m fee
      943 23 Money paid in 2010 to secure land rights which were gotten for free in 2009 Reuters [MANILA] The US Federal Bureau of Investigation (FBI) and Philippine investigators probing potential bribery related to Universal Entertainment Corp’s bid to build a casino in Manila
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      Lock icon National Australia Bank’s UK operations now profitable: CEO
      490 23 Business confidence in Australia is still fragile Bloomberg [SYDNEY] National Australia Bank Ltd’s (NAB) operations in the UK are now profitable while Australian consumer and business confidence remains fragile, chief executive officer Cameron Clyne said. Mr Clyne, head of Australia’s largest lender
      Bloomberg  -  490 words
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      97 16 Discover a total solution for your every business need a i c ASIA 10-12 JULY 2013 Marina Bay Sands Singapore www.OfficExpoAsia.com Organised By: BIZLINK Exhibition Services Pte Ltd A SUBSIDIARY OF SfSl Blk 8 Lorong Bakar Batu, #07-07 Singapore *****3 Tel: (65) 6848 5938 Fax: (65) 6848 4182 Email: OEA@bizlink.com.sg
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      39 16 KISS 92 m All the great songs in one place Orkk A K 1^ KISS92 t m MiMF CATCH THE NISSAN KISS 92 KISS MOBILE TUNE IN TO KISS 92 TO FIND OUT WHERE WE’LL BE! kiss92.sg facebook.com/kiss92fm Q@kiss92fm
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      640 17 Petra Foods Limited (Company Registration No.: *****3096C) (Incorporated in the Republic of Singapore) (the “Issuer”) Notice to holders (the “Noteholders”) of the outstanding S$10,000,000 4.50 Per Cent. Fixed Rate Notes Due 2013 (the “Series 006 Notes”) in respect of the meeting (the “Meeting”) of the Noteholders of Petra Foods Limited
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      103 18 i WHAT 2013 AHEAD FOR TIGER WOODS BUTCH'S BEST TIPS FOR DRIVING HSBC WOMEN'S CHAMPIONS PREVIEW mmw mm m i m m iu .(.-srrss.^ Play golf and try the new X-Hot range of clubs! TAKE PART IN THE CALLAWAY GOLF CHALLENGE 2013! VENUE: SINGAPORE ISLAND ISLAND COUNTRY CLUB (New Course)
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      1265 19 WATS NOTICES Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE In the Matter of the Companies Act, Cap. 50 And In the Matter of WEE TAT MARINE HARDWARE PTE LTD (Company Registration No.:*****1313H) (Companies Winding Up No.: 193/2012) NOTICE TO CREDITORS OF MEETING
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      52 20 POST-NEW CAR COOLING MEASURES Attention all used car dealers, sell your car in no time at It’s absolutely FREE! 3 STCarsSG STCars.SG Available on the Coogle play AppStore Buy. Sell or Rent. At STCars.sg. JmSk your ideal car isn’t hard to find. A product of SPH. Singapore’s Trusted Media Group
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      190 21 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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      101 22 CATS CLASSIFIED PROPERTY SEMINAR 2013 OPPORTUNITIES IN PROPERTY INVESTMENTS? Get insights and a glimpse of emerging trends from experts in the real estate industry! Date: 23 March 2013 (Saturday) Time: 9am 1 pm or 2pm 6pm Venue: 30 Biopolis St, Matrix, Level 2 Auditorium Ticket Prices: $28 per ticket $23
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      12 22 www.omy.sg ej£ B^? i H5HJF? f|#®’ Sffl QR code VOTE NOW! sgeawards.omy.sg
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      97 23 li il IOSS92 All the r K 7 m s a r O I Q f^\ 5- M ?V'. S»*-c <V 1 V m 44# U|E4 'J"i 'b d tt I if i Partner: Bfi—fRa sip 3 tu** .y i P? H "T? ftr MAG .com I v* 3 P
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  • AVIATION/SHIPPING
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      Lock icon Boeing reveals proposed fixes for 787 batteries
      743 24 Certification tests expected to be wrapped up in one to two weeks NYT [NEW YORK] Boeing officials have detailed for the first time their proposed fixes for the lithium-ion batteries aboard its 787 planes, and the changes include better insulation between the eight
      NYT; PHOTO: REUTERS  -  743 words
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      Lock icon Sri Lanka offers tax-free zone at new international airport
      341 24 Plans afoot to make it a regional hub for aircraft MRO ops AFP [MATTALA, Sri Lanka] Sri Lanka is turning its newest international airport opening today into a tax-free zone to attract aviation-re-lated industries, a top official said yesterday. Talks are
      AFP  -  341 words
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      Lock icon Costly F-35 fighter at risk of budget ‘death spiral’
      807 24 Reuters [WASHINGTON] It’s called the “death spiral,” and America’s newest warplane, the F-35 Joint Strike Fighter, is in danger of falling into it before the plane has even gone into service. The term recently invoked by top brass involved in the
      Reuters; PHOTO: REUTERS  -  807 words
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      Lock icon Hiring costs for oil tankers up on demand
      419 24 Surge in booking as charterers get ready for peak season Bloomberg [LONDON] Hire costs for the biggest oil tankers plying the industry’s busiest trade route climbed for a sixth session amid speculation that more ships will be chartered to help meet summer-season
      Bloomberg  -  419 words
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  • Page 24 Miscellaneous
    • Miscellaneous
      Lock icon Page 24 Miscellaneous Column 1
      294 24 CRYPTIC CROSSWORD Across 1 Scoundrel with gag (6) 5 Mother brought in slab on which a plate rests (5,3) 9 Keith, appearing in Loot with me, is cast in a film (4,4,2,3) 10 Stumped by corset? There’s a surprise! (6,2) 11 Article by a member on small boat (6) 12
      294 words
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  • DINING OUT
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      Lock icon Star search at Me@OUE
      986 25  -  With even a trio of top chefs, you’ll be hard put to find standout dishes at this lofty perch, writes JAIME EE writesJAIME writesJAIME EE NEW RESTAURANT Me@OUE 50 Collyer Quay #19-01 OUE Bayfront Tel: 6634-4555 Open for lunch and dinner Mon to Fri: 12pm to
      PHOTOS: ME@OUE, JAIME EE  -  986 words
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      581 25 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 Jr/iA ST OBS No.l Awarded Best in Cross Media
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3394 26 Week ended: Mar 15 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol 11 6.9 AEM --AAT High Low Buyer Seller 164 106 AIMSAMPIReit 158.5 +1 3743 158.5 156.5 156.5
      3,394 words
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      Lock icon SGX CATALIST
      280 27 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last 4.6 1.3 t Advanced System 1.8 -0.1 ***** 1.9 1.7 1.8 1.9 26.8 Week Last Quote Div Gr Yld 4.3 2.2 t Albedo
      280 words
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      Lock icon STRAITS TIMES INDEX STOCKS
      116 27 Stock name Close Change CapMallsAsia 2.050 -0.020 CapitaLand 3.400 -0.150 CapitaMall 2.110 +0.050 CityDev 10.760 -0.410 ComfortDelGro 1.910 -0.015 DBS Grp 15.750 +0.170 F&N 9.440 GLP 2.660 +0.040 Genting SP 1.475 -0.010 Golden Agri 0.590 -0.015 Stock name Close Change HK Land 7.010 -0.240 IHH Healthcare
      116 words
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      Lock icon STOCKS ASIA
      2027 27 Transaction date: Mar 15 HONG KONG Vol HK$ +/-'000 Aeon Credit 8.40 unch 0 Aeon Stores '000 Angang Steel 4.77 -0.13 ***** Anhui Conch Anhuiexpresswa 4.25 0.05 1621 Asia Satellite 29.15 0.35 41 Asm Pacific 0.40 Bank Of E Asia 31.40 -0.15 9532 Beida Jade Bir 0.32 unch
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      Lock icon GLOBALQUOTE
      272 27 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 50 25.5 AVJennings A39 +1 10 39 39 38 41 3.6 9 3.1 101.6 46.5 30 Genting HK US$ US46 +1 ***** 46.5 44 45.5 46 3028.9
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      Lock icon SECURITIES TRADING SCOREBOARD
      186 27 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 8 0 0 0 0 8 8 0 Manufacturing 59 99 32 5 24 9 64 123 41 Commerce 29 35 12 5 8 7 34 43 19 Tpt/Stor/Comms 22 20 4
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      Lock icon SGX ETF
      1056 27 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 119 +0.1 38 119 117.6 117.9 118.8 543.2 136.8 120.4 CIMB APAC Div 100S$D 136.8 136.7 137.6 111.7 95.8 CIMB
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      Lock icon SECURITIES TRADING TURNOVER
      123 27 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 347,201 347,201 466,094 466,094 Manufacturing 2,654,506 3,474,121 6,128,627 1,506,919 69,747 1,576,666 Commerce 2,181,110 2,243,752 4,424,862 710,187 142,626 852,813 Tpt/Stor/Comms 635,234 72,633 707,867 972,108 26,585 998,693 Finance 351,847 1,057 352,904 819,781 483 820,264 Construction 1,775,883 660,478
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      26 27 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      638 28 Mar 15 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.68 *****.95 *****.47 Jun13 *****.00 *****.00 *****.00 *****.00 *****0 *****5 Sep13 *****.00 *****.00 *****.00 *****.00 3 155 MSCI TAIWAN INDEX FUTURES SPOT 287.54 288.25 284.96 Mar13 286.30 287.80 284.10 284.50 ***** *****3 Apr13 287.00
      638 words
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      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 28 In local curr In S$ In US$ dy yr dy yr dy yr Mar 15 Index Change Change Change Change Change Change World Preliminary 1031.5 0.1 9.9 0.3 10.4 0.4 8.0 EAFE Preliminary 860.6 0.1 11.1 0.7 9.2 0.8 6.8 Europe Preliminary 1245.0 -0.4 8.5
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    • Article
      Lock icon INTERBANK CROSS RATES
      471 28 Mar 15 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.060 6.448 0.797 8.049 56.157 100.633 0.996 11.524 3.238 1.262 101.582 42.131 1.296 9.527 0.981 30.836 30.651 0.686 1.037 Canada 0.944 6.084
      471 words
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      Lock icon SIBOR
      67 28 Mar 15 (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$) 3 mths 0.***** 3 mths 6 mths 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP
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      Lock icon PRECIOUS METALS
      134 28 Mar 15 GOLD(US$/oz) Mar 14 Mar 15 Hong Kong 1596.00 1600.00 Mar 15 Mar 14 London 1592.85 1586.84 1593.65 1587.70 Source: Thomson Reuters CAST BAR Mar 15 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 143 64 5gm 407 319 10gm 727 638
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      Lock icon GOVERNMENT SECURITIES
      86 28 Mar 15 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 13-Jun-13 0.25 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-13 100.12 100.18 100.17 5-Year N*****0Z 2.375
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    • Article
      Lock icon PALM OIL
      53 28 Mar 15 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 13 2348.0 965 Apr 13 2363.0 2406.0 2422.0 2359.0 1256 7754 May 13 2375.0 2414.0 2432.0 2371.0 ***** ***** Jun 13 2380.0 2417.0 2433.0 2377.0 ***** *****
      53 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 28 Mar 15 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2955 1.2962 1.0372 1.0377 Canadian dollar 1.2224 1.2232 0.9792 0.9787 Euro 1.6264 1.6271 1.3022 1.3026 NZ dollar 1.0262 1.0269 0.8216 0.8221 Sterling pound 1.8890 1.8896 1.5124 1.5128
      155 words
    • Article
      Lock icon CHICAGO BOT
      108 28 Mar 15 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 13 1426.00 1435.50 1445.25 1422.50 Jul 13 1410.75 1416.00 1425.75 1407.25 Aug 13 1370.25 1375.75 1382.50 1366.00 Sep 13 1301.50 1301.50 1307.50 1295.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 13
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      Lock icon LIFFE
      79 28 Mar 15 COCOA (£/tonne) Close Prev High/Low May 13 1427 1441 1447/1426 Jul 13 1441 1454 1460/1440 Sep 13 1452 1465 1470/1451 Dec 13 1458 1470 1476/1457 COFFEE(US$/tonne) Close Prev High/Low Mar 13 2159 2130 May 13 2192 2163 2199/2157 Jul 13 2194 2174 2199/2167 Sep 13 2190 2178
      79 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      963 28 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 650 5.00 14 Conv Asiatravel.com HoldingsW*****7 3 1 25 16 Asiatravel.com HoldingsW*****5 3.3 1 27 40 BakerTech W*****5 Prem Best World Intl Ltd W*****5 6.5
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 28 CRUDE OIL PRODUCTS Mar 14 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.87 0.47 WTI (Near Mth) 93.03 0.73 Dubai (1-Mth F) 104.17 -1.48 Tapis blend 113.82 -1.36 Minas 108.32 -1.66 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.78 -0.55 Jet Kerosene 123.55 -1.11 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 28 Mar 15 S$ Bid Offer 1-month 1.2490 1.2491 2-months 1.2489 1.2491 3-months 1.2489 1.2491 6-months 1.2487 1.2494 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      65 28 Mar 15 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1923.30 1938.85 3 months 1964.00 1979.00 Copper, Grade A(US$/tonne) Cash 7724.50 7775.25 3 months 7752.00 7800.00 Lead(US$/tonne) Cash 2201.25 2229.50 3 months 2222.00 2249.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 28 As at 9am Mar 15 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.326 1.263 Can dollar 1.250 1.191 Euro 1.662 1.583 Sterling pound 1.919 1.846 NZ dollar 1.057 0.998 US dollar 1.274 1.214 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      161 28 Mar 15 $S Offer Bid 0vernight 0.01 0.00 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.04 US$ 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
      161 words
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  • Article
    Lock icon SHIPPING TIMES
    2733 29 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
    2,733 words
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      Lock icon Page 30 Advertisements Column 1
      134 30 Importers looking for Warehouse Can they find your services here in the Shipping Times? the business times TO ADVERTISE, CALL JOE WONG AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 Announce
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      Lock icon Page 30 Advertisements Column 2
      0 30 ~_>>;_~\.+$.@}?}\%`('=%=*"*;%}+
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      461 31 3APRECE W SINGAPORE SI Asia Pacific Real Estate Convention Expo 2013 Convention: 20 22 March 2013 I Exposition: 21 23 March 2013 I Marina Bay Sands Singapore Visit The Largest Real Estate Expo In The Asia FREE Admission to the Expo and Property Investment Seminars PUBLIC SEMINAR TOPIC HIGHLIGHTS "UK
      461 words
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  • BizIT THE USINESS OF INFOCOMM TECHNOLOGY
    • Article, Illustration
      Lock icon Huge potential for big data in Asia: McKinsey
      1037 32  -  The firm’s set-up in Singapore is helping firms and the govt to gain insight from the deluge of data to serve customers and citizens better, writesAMIT ROY CHOUDHURY writesAMIT writesAMIT ROY CHOUDHURY ASIA offers a huge potential to leverage big data, says
      1,037 words
    • Article, Illustration
      Lock icon Helping firms to offer home-based work to staff
      461 32  -  By AMANDA TAN ABOUT 326,000 economically inactive residents could be drawn into the workforce through home-based work. A SingTel-led consortium will launch a pilot programme to show how this can be done. It will help companies use infocomm technology (ICT) and solutions
      PHOTO: AFP  -  461 words
    • Article
      Lock icon Cloud economy: the S’pore lesson
      835 32  -  Republic shows the way with its openness and its progressive digital economy laws <you say> By ROBERT HOLLEYMAN The writer is president and CEO of BSA The Software Alliance, the leading advocate for the global software industry IN THE global market for cloud computing services
      835 words
    • Article
      Lock icon Enhancing a car sharing platform
      701 32  -  iCarsclub’s system allows renter to unlock car via smartphone By NG SAI YING HIGH demand for private cars, high cost of car ownership, a generally safe environment which includes low theft and accident rates. Those were the reasons cited by Eddy Zhang, co-founder and CEO
      701 words
    • Article, Illustration
      Lock icon Aspect Software looks to grow via social media tool
      709 31  -  Cloud-based Aspect Social helps companies tune into social media chatter, writesAMIT AMIT ROY CHOUDHURY Aspect software is counting on Aspect Social, its cloud-based social media service, to help it to continue driving growth in the sia-Pacific region. The company, a provider
      709 words
    • Article
      Lock icon THX sues Apple over speaker technology
      265 31 Bloomberg [SAN FRANCISCO] Apple Inc was accused by THX Ltd, a company founded by Star Wars producer George Lucas, of stealing speaker technology used in iPhones, iPads and iMac products. THX holds a 2008 patent for a speaker unit that can boost sound output
      Bloomberg  -  265 words
    • Article
      Lock icon Drug packing system wins top IT award
      390 31  -  By AMANDA TAN A NEW system built in Singapore that packs medicines according to the time that patients take them has clinched a regional award for breaking new ground by using IT system to add value to customers. The Multi-dose Medications Management (MMM)
      390 words