The Business Times, 22 March 2013

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Microfilm: NL32517
Total Pages: 36
1 36 The Business Times
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  • Title Section
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    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Friday, March 22, 2013
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  • Article
    Lock icon China resumes drive on road to recovery
    586 1  -  Latest HSBC PMI shows it’s back in expansionary mode, quelling fears that economy may have stalled By in VIRGINIE MANGIN in Beijing CHINA’S flash Purchasing Managers’ Index (PMI) released by HSBC yesterday rebounded in March, dispelling fears that recovery in the world’s second
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,267.65 (+19.25) GST INDEX FUTURES 3,266.00 (+18.00) GSIMSCI 370.44 (+2.71) GSIMSCI FUTURES 370.20 (+2.40) US$ S$ US$ (S$ per US$) 1.252 (US$/S$ per 1.512 1.893 EURO (US$/S$/€ 1.293 1.618 Foreign currency per US$ S$ YEN 95.90 76.60 RM 3.120 2.493 HK$ 7.762 6.202 BAHT 29.19 23.32 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Thursday Change KL COMP 1,630.75 -0.79 NIKKEI 225 12,635.69 +167.46 HANG SENG 22,225.88 -30.56 SET INDEX 1,529.52 -14.15 JAKARTA COMP 4,802.67 -28.83 MANILA COMP 6,472.98 +53.36 SEOUL COMP 1,936.16 -9.63 SHENZHEN B 806.33 +2.51 MUMBAI IND 18,792.87 -91.32 12noon EDT Change DOW 14,477.13 -34.60 NASDAQ 3,234.58 -19.61
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    • Article
      Lock icon PRIME RATES
      22 1 SINGAPORE 5.38 MALAYSIA 6.55 INDONESIA 5.00 TAIWAN 13.514 TAIWAN 5 036 BRITAIN 1.475 KOREA 9.33 BRITAIN INDIA US Source: Bloomberg
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  • Article, Illustration
    Lock icon BT bags gold for its mobile app content
    226 1 [SINGAPORE] The Business Times won the gold award in the category “Best App/Content by a Media Owner” at the inaugural Mob-Ex awards last night. The awards, which celebrate excellence in mobile content and marketing, were decided by a panel of 20 judges
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  • Article
    Lock icon Eyeing a slice of aviation pie – out of Batam
    840 1  - Eyeing a slice of aviation pie out of Batam Indonesian plane maintenance firm plans facility that’s closer to Singapore By JEFFREY HUTTON in Jakarta INDONESIAN airline catering and maintenance provider PT Cardig Aero Services (CAS) may challenge its business partner SIA Engineering for a piece of the jetliner-heavy maintenance business.
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      47 1 WINE Burgundy and Thai food EXECUTIVE LIFESTYLE Dressing up Audi Fashion Festival JAPAN New BOJ boss talks tough on deflation PAGE 2 PAGE 31 PAGE 36 **********04 BREITLING 884 WORLDCLASS TRAVELERS m y cumm r W:rr^A Bk .V -4 W/ P "i LI ■'V'V'SA TRANSOCEAN CHRONOGRAPH UNITIME
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      23 1 BT PROPERTY CLASSIFIEDS BT’s CATS property feature is now available to BTO subscribers. To subscribe to BT Property Classifieds, email cats8@sph.com.sg PAGES 22-25
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  • TOP STORIES
    • Article, Illustration
      Lock icon New BOJ boss talks tough on deflation
      955 2  -  Stocks hit 4 1 /2-year high as he pledges to do all to meet 2% inflation target By ANTHONY ROWLEY in Tokyo THE Bank of Japan’s new governor Haruhiko Kuroda came out fighting last night on the eve of taking up his new
      PHOTO: REUTERS  -  955 words
    • Article
      Lock icon Household debt rise may curb domestic demand here: RBS
      515 2  -  Liabilities up from 61% of GDP in Q108 to 74% in Q312 By TEH SHI NING [SINGAPORE] The build-up of household debt in Singapore may start to restrain domestic demand, RBS chief Asia economist Sanjay Mathur said in a report yesterday
      515 words
    • Article
      Lock icon Judge: Peter Lim must answer corruption charge
      892 2  -  Presumption section of the Prevention of Corruption Act had been triggered By GRACE LEONG [SINGAPORE] Former Singapore Civil Defence Force (SCDF) chief Peter Lim has chosen to take the stand on Monday to give defence against the charge that he corruptly received sexual
      892 words
    • Article
      Lock icon ECB sets March 25 deadline for Cyprus
      528 2 Agree on the plan by then or face bank funding cut, it warns AFP [FRANKFURT] The European Central Bank (ECB) has set Cyprus a Monday deadline to agree on a bailout plan, threatening to cut off funding to the island’s cash-strapped banks if
      AFP  -  528 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      504 2 China resumes drive on road to recovery CHINA’S flash Purchasing Managers’ Index released by HSBC yesterday rebounded in March, dispelling fears that recovery in the world’s second largest economy was running out of steam. Though opinion is still divided on the extent of the recovery which some fear
      504 words
    • Article, Illustration
      Lock icon SICCI chief quits after just 2 months on the job
      478 4  -  Move follows spate of staff resignations since the end of last month By MALMINDERJIT SINGH [SINGAPORE] The Singapore Indian Chamber of Commerce and Industry (SICCI), recently hit by a slew of resignations, is facing another that of its chief executive.
      478 words
    • Article
      Lock icon Western firms don’t build up local talent: study
      535 4  -  Their competitive edge in Asia may be hurt in long haul if such practices stay By CHUANG PECK MING [SINGAPORE] Because of bias and ignorance, Western companies in Singapore have failed to build up local leadership and talent in their management, says
      535 words
    • Article
      Lock icon US Congress passes bill to avert govt shutdown
      603 4 House votes 318-109 in rare example of bipartisan cooperation Bloomberg [WASHINGTON] The US Congress gave final approval to legislation to avert a partial government shutdown, in a rare example of bipartisan cooperation on federal spending. The House voted 318-109 yesterday to send
      Bloomberg  -  603 words
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      Lock icon Page 4 Advertisements Column 2
      95 4 stfi SINGAPORE PRESS HOLDINGS asta one V J Catch up with the Latest Business News with AsiaOne smartphone app H k i Australia adds most jobs 1 almost 13 years j® S40 million to encourag ijffl 1 amity environment STOCK day'. ke psb Ctraripr kcademv h 3 Pay attention topi
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      362 5 www.vw. com. sg Don't buy a new car until you've tried a Volkswagen. New Golf. Car of the Year ***** It’s official. 58 judges from 22 countries have voted the new Golf ‘Car of the Year; beating the Toyota 86/Subaru BRZ, the Volvo V40, the Ford B-Max and the Mercedes-Benz
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Views differ on unlocking MPS value
      665 6  -  Some investors push for buybacks, fund wind-up; manager defends its strategy By ONG CHOR HAO THE issue of misalignment of interest between manager and unitholders has reared its head again. This time, some investors of MacarthurCook Property Securities Fund (MPS) are squabbling with management
      FILE PHOTO  -  665 words
    • Article
      Lock icon SembMarine unit wins exclusive technology licence from Seahorse
      257 6  -  By CARINE LEE SEMBCORP Marine’s subsidiary, Sembmarine SLP Ltd (SLP), has secured an exclusive licence from Seahorse Platform Partners Ltd (SPPL) to use its patented technology in the design and construction of Minimum Facilities Platforms (MFPs) for the North Sea, Irish waters,
      257 words
    • Article, Illustration
      Lock icon ST Engg unit in deal to build tug barge for around US$100m
      414 6  -  This follows contract for a similar vessel last month By LEE MEIXIAN IN the latest of a series of contracts secured by ST Engineering this year, its US shipyard, VT Halter Marine, has landed an exercised option for
      Source: Bloomberg  -  414 words
    • Article, Illustration
      Lock icon OUE shares up on Reit listing talks
      431 7  -  Company, responding to a report, says it is in early discussions with banks By ONG CHOR HAO SHARES in Overseas Union Enterprise (OUE) rose 4.3 per cent to $3.13, after the real estate group said it was in preliminary discussions with banks over
      Source: Bloomberg  -  431 words
    • Article
      Lock icon Moody’s: S-Reits turning to unsecured funding
      378 7  -  By MARIA MALA YOGALINGAM SINGAPORE’S real estate investment trusts (S-Reits) are managing to improve their financial flexibility by increasingly opting for unsecured funding rather than secured funding, according to Moody’s Investors Service. Moody’s analyst Jacintha Poh says that the secured debt to total deposited
      378 words
    • Article
      Lock icon Saizen Reit acquires residential property in Japan for 754m yen
      492 7  -  It will not be issuing new units to raise equity for purchase By MICHELLE QUAH SINGAPORE-LISTED Saizen Real Estate Investment Trust (Saizen Reit) has acquired a residential property in Japan for about $10 million. Japan Residential Assets Manager Limited, the
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    • Article
      Lock icon Rickmers rights issue gets support from Capital Group
      224 7  -  By TEO SI JIA RICKMERS Maritime’s $101.7 million rights issue has received a collective 39.92 per cent undertaking with the latest pledge of support from Capital Research and Management Company. The affiliate of The Capital Group Companies will maintain its 6.47 per
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    • Article, Illustration
      Lock icon Ho Bee pins hopes on Metropolis
      458 9  -  The group expects it to pull in $80m in annual rental income by 2015 By NATHANIEL CHEW HAVING undergone its topping out ceremony, The Metropolis, Ho Bee Investment’s one-north office development, is just months away from completion. The 1.1 million sq ft, Grade A-specification
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    • Article
      Lock icon Strong demand for $1b HDB note issue
      338 9  -  By KENNETH LIM THE Housing and Development Board (HDB) found strong demand for its new $1 billion offering of threeyear, 0.943 per cent senior notes, bookrunners said. Singapore’s public housing agency priced the unsecured debt offering on March 12, initially indicating an issue
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    • Article
      Lock icon Private banks sell debt in worst quarter since 2011
      467 9 Bloomberg [HONG KONG] Chinese high-yield US dollar-denom-inated bonds are returning the least in more than a year as private banks react to a flood of debt supply and rising global interest rates by cutting holdings. Investors have gained 2.24 per cent
      Bloomberg  -  467 words
    • COMPANY BRIEFS
      • Article
        Lock icon Genting HK’s profit rises to US$198.4m
        46 9 GENTING Hong Kong’s net profit attributable to owners for the year ended Dec 31, 2012, rose to US$198.4 million from US$182.2 million for 2011. This came on the back of a 5.3 per cent rise in turnover to US$520.4 million.
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      • Article
        Lock icon Noble acquires stake in Pan Asia
        41 9 NOBLE Group has acquired a 5.34 per cent equity stake in Australia-listed energy resources supplier Pan Asia Corporation for A$490,000 (S$639,000). The share subscription agreement was closed through its unit Noble Resources International Pte Ltd.
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      • Article
        Lock icon Pan Hong unit wins rights for China site
        53 9 PAN Hong Property Group said yesterday that its subsidiary, Sino Harbour Property Group, has made a successful 506 million yuan (S$101.6 million) bid for commercial land use rights of a 20,482 sq metre site offered for sale by the Hangzhou Bureau of
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      • Article
        Lock icon Armarda unit in tie-up with CTS
        57 9 ARMARDA Group’s indirect subsidiary China Mobile Satellite Communications Group (CMSCG), together with Thuraya Telecommunications, a satellite communications operator, yesterday announced a distributorship tie-up with China Telecom Satellite (CTS). From early April, CMSCG and CTS will distribute the Thuraya SatSleeve, a module that transforms an
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      • Article
        Lock icon CRCT distribution reinvestment plan
        52 9 CAPITARETAIL China Trust’s manager yesterday announced its distribution reinvestment plan, which would allow unitholders to receive distributions in the form of fully-paid new units instead of cash. CRCT’s manager said it will make an announcement whenever it decides to apply the distribution reinvestment plan to a
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      581 6 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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      213 7 A STAR ALLIANCE MEMBER v^> H V U Speechless? We were too. Be Amazed with Exclusive All-in MasterCard® Deals! FIRST CLASS FARES from: BUSINESS CLASS FARES from: *2,298 Hong Kong *4,1 18 Tokyo *6,278 Frankfurt London Madrid Milan Munich Paris Rome Zurich *818 Bangkok *2,248 Fukuoka Nagoya Osaka Tokyo *1
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI rebounds but volume still lower
      561 8  -  With an eye on Cyprus, investors court penny stocks again; meanwhile, there’s a bit of cheer from the US STOCKS R SIVANITHY Senior Correspondent INVESTORS continued to keep their eyes peeled on Cyprus yesterday while cautiously testing the speculative waters in penny stocks again.
      Source: Bloomberg  -  561 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 8 Mar 21 VALUE CLOSE BT OB/OS -80.00 +241.0 BT CADI -*****.00 +101.0 BT 10-day MA -*****.00 -8.00 FTSE ST Mid Cap 811.28 +7.01 FTSE ST Small Cap 569.22 +1.59 FTSE ST All Share 805.62 +4.97 FTSE ST China Top 218.81 +2.10 FTSE ST China 245.37 +1.09 FTSE
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 5 4 0 0 0 7 5 4 Manufacturing 60 40 51 11 8 7 71 48 58 Commerce 26 19 21 4 2 7 30 21 28 Tpt/Stor/Comms 23 10 12
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 40,962 40,962 115,673 115,673 Manufacturing 465,833 637,925 1,103,758 186,871 19,845 206,715 Commerce 153,202 253,612 406,814 93,528 17,329 110,857 Tpt/Stor/Comms 122,549 12,339 134,888 215,859 4,690 220,548 Finance 47,456 126 47,582 156,750 32 156,782 Construction 191,446 100,821
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      990 8  -  Compiled by Kenneth Lim Hospitality Reits OCBC Investment Research, March 21 FOR Q4 2012, CDLHT (CDL Hospitality Trusts) performed in line with our and the street’s expectations. RevPar (revenue per available room) for its Singapore hotels was flat y-o-y at S$205, leading NPI (net property income) to stay
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      110 8 Stock name Close Change CapMallsAsia 2.100 +0.010 CapitaLand 3.500 -0.030 CapitaMall 2.120 +0.020 CityDev 10.970 +0.290 ComfortDelGro 1.910 DBS Grp 15.590 +0.130 F&N 9.440 GLP 2.620 Genting SP 1.455 Golden Agri 0.585 +0.005 HK Land 6.950 -0.060 JMH 64.500 +0.500 JSH 39.610 -0.090 Jardine C&C 52.000
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    • Article, Illustration
      Lock icon Euro falls on gloomy eurozone data
      516 8 CURRENCIES Reuters [LONDON] The euro fell yesterday, after surveys showed the eurozone economy was struggling with weaker-than-ex-pected German business activity data casting fresh doubts about a recovery in Europe’s largest economy. Worries about a banking collapse and uncertainty in Cyprus also loomed. But even
      Reuters; PHOTO: BLOOMBERG  -  516 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      55 8 VOLUME MDR 536,440,000 CarrierNet 420,902,000 Ntegrator 308,979,000 SingHaiyi 190,267,000 WE Hldgs 180,051,000 IPCO Intl 110,944,000 YHM 100,305,000 Metech Int 96,054,000 Contel 85,403,000 Equation 83,440,000 VALUE($) SingTel 113,916,466 Keppel Corp 72,343,480 DBS Grp 59,978,380 OCBC Bk 39,986,200 CapitaLand 39,658,000 UOB 36,991,130 HPH Trust US$ 36,942,849 Ntegrator 33,960,003 Golden
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    • Article
      Lock icon RISES
      110 8 BY CENTS CLOSE UP IS S&P500 ***** 116.4 0.6 JMH 6450 62.6 0.8 DBXT FTChina25 10US$ 2833 56.3 1.6 DBXT S&P500 10US$ 2550 42.6 1.4 DBXT FTVietnam 10US$ 2567 33.8 1.1 CityDev 1097 29.0 2.7 UOL 712 21.0 3.0 DBXT MSMSIA 10US$ 1372 20.0 1.2 DBS Bk 4.7% NCPS
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    • Article
      Lock icon FALLS
      126 8 BY CENTS CLOSE DOWN DBXT SPASX200 10US$ 4058 -111.4 -2.1 DBXT MSKorea 10US$ 5738 -98.9 -1.4 Jardine C&C 5200 -51.0 -1.0 GLD 10US$ ***** -47.6 -0.2 DBXT MSTHAI 10US$ 2250 -38.8 -1.4 CIMBASEAN40 100S$D 1391 -24.0 -1.7 UE Pref 180 -20.0 -10.0 SIA 200 1075 -18.0 -1.6 DBXT S&P
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
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      56 9 Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings NOTICES FM kiss 92 All the great songs m one place CMcrv s a Catch the Nissan-Kiss92 Kiss Mobile for car decals and great prizes! Tune in to Kiss92 for more details! 27
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      82 9 PREVIEW LAUNCH JOHOR BAHRU, ISKANDAR 39-Storey Iconic Freehold Luxurious Residence Full Facilities including Sky Terraces SOM infinity Pool 2/3 brm and 4 brm Sky Villas with Sky Patios Direct access to Tebrau/North-South/ —p r j C es Start EDI Highways Jlnjampoi. from S $210ps, Transportation Hub JB Central for 2
      82 words
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      520 9 Easb East Asia Institute of Management www.easb.edu.sg ENTREPRENEUR WORKSHOP IMMERSION MARCH 25 27 @EASB Speakers r Professor Timothy M. Stearns is an acclaimed scholar and practitioner of entrepreneurship who is recognized for his innovative methods around the globe. An author and teacher, he has coached over 1000 entrepreneurial start-ups in
      520 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon 3,898 BTO flats launched in non-mature estates
      429 10  -  Another 7,850 units, including 3,000 SBF, to be made available for balloting in May By ONG CHOR HAO THE Housing Development Board (HDB) has launched close to 3,900 Build-to-Order (BTO) flats, with another 7,850 flats to be made available for balloting in May.
      429 words
    • Article
      Lock icon Workplace fatality rate in 2012 at 9-year low
      331 10  -  By LIM JIA YING WORKPLACES in Singapore were safer with the workplace fatality rate falling to a nine-year low last year, according to the Workplace Safety and Health (WSH) Statistics Report 2012. It dropped to 2.1 per 100,000 employed persons in 2012,
      331 words
    • Article
      Lock icon S’pore is 10th most attractive city for work
      359 10  -  By TEO SI JIA SINGAPORE has been placed 10th among the most attractive international cities to work in, but ranked 13th in the country category, according to a global survey of student career preferences upon graduation. The International Mobility Benchmark, created by
      359 words
    • Article
      Lock icon UOB makes online buying at overseas sites easier
      242 10  -  By MARIA MALA YOGALINGAM UNITED Overseas Bank (UOB) has launched a new service which allows customers to buy online directly from overseas sites that do not accept credit cards issued in Singapore. With UOB American Express Virtual Pay, customers use a physical
      242 words
    • Article
      Lock icon More itching to change jobs, many want to change city
      670 10  -  Last year, 54% surveyed wanted out this year, they make up 60% By SIOW LI SEN THE itch is back and it’s getting worse. Some 60 per cent of employees are looking to change jobs and many more are willing
      670 words
    • Article, Illustration
      Lock icon National Heart Centre to move in a year
      389 10  -  By AMANDA TAN THE National Heart Centre Singapore (NHCS) is due to move in March 2014 to a new building, which is being planned with pa-tient-centric care in mind. The $266 million facility, which has had its top-ping-out ceremony, is being set
      389 words
    • Article
      Lock icon New water-efficiency standard launched
      360 10  -  Non-domestic users stand to save cost by adopting guidelines on water usage By BENJAMIN AW THE Singapore Standards Council and national water agency PUB have launched a national standard that sets benchmarks for improving water efficiency among non-do-mestic users. The standard, named SS 577:2012, comprises a
      360 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon KL eases forex rules to make economy more competitive
      453 11 New measures also aim to further develop domestic financial market [KUALA LUMPUR] Malaysia’s central bank is liberalising the foreign-exchange administration rules to enhance the economy’s competitiveness and further develop the domestic financial market. The measures include allowing residents to freely invest
      453 words
    • Article
      Lock icon Indonesia awards 14 O&G exploration blocks
      391 11 Govt considering new incentives for exploration Reu ters [JAKARTA] Indonesia yesterday awarded exploration rights to 14 oil and gas (O&G) blocks in a tender whose winners had nearly all made uncontested bids, but the government hailed the outcome as showcasing the sector’s attractiveness to
      Reuters  -  391 words
    • Article
      Lock icon Indonesia economy has top 10 future: Citi
      327 11 [JAKARTA] Indonesia has the potential to become one of the world’s top 10 economies by 2025, with manufacturing, infrastructure development and urbanisation as key drivers of growth, said Citi Research. Foreign direct investment (FDI) into manufacturing has given a fillip to ex-port-oriented sectors,
      327 words
    • Article
      Lock icon Jakarta pledges to stay open to overseas investors
      303 11 Bloomberg [JAKARTA] Indonesia has pledged to remain open to overseas companies and deliver on infrastructure projects, as South-east Asia’s largest economy seeks to realise about US$86 billion of foreign investment booked last year. The presidential election due next year should not prevent
      Bloomberg  -  303 words
    • Article, Illustration
      Lock icon PRESIDENTIAL PALACE BUILDING IN BLAZE
      95 11 AP [JAKARTA] Smoke billowing from a building inside the compound of Indonesia’s presidential palace yesterday. There were no immediate reports of injuries. The third and fourth floors of the State Secretariat building caught fire around 5pm as many employees were going home, said Daniel Sparingga,
      AP  -  95 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Online shopping set to rebalance economy
      693 12 Sector could be worth as much as US$650b by 2020 at current growth rates Reuters [BEIJING] China’s Internet shoppers could raise the retail sector’s contribution to the economy by up to US$260 billion by the end of the decade, accelerating a drive to rebalance
      Reuters; PHOTO: AP  -  693 words
    • Article, Illustration
      Lock icon Xi’s African trip highlights continent’s importance
      496 12 AFP [BEIJING] China’s new president XI Jinping will head to Africa this weekend as his resource-hungry country’s influence on the continent soars, but with its torrents of money starting to provoke resentment. Mr Xi will visit Tanzania, South Africa, and the Republic of Congo
      AFP; PHOTO: AP  -  496 words
    • Article
      Lock icon Banks to benefit from railway changes: Moody’s
      223 12 Bloomberg [SHANGHAI] China’s plan to abolish the Ministry of Railways while continuing its support for the industry is positive for the nation’s banks, according to Moody’s Investors Service. Chinese lenders hold a “large” portion of the 759 billion yuan (S$150 billion) of bonds
      Bloomberg  -  223 words
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      2638 12 SOUND GLOBAL LTD. 桑 (Incorporated in the Republic of Singapore with limited liability) (Company Registration No. *****5422C) Singapore Stock Code: E6E.SI Hong Kong Stock Code: ***** NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the annual general meeting of SOUND GLOBAL LTD. (the “Company”) will be held at
      2,638 words
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      4158 13 WATS NOTICES 1 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices FIRST SHIP LEASE TRUST (a business trust constituted on 19 March 2007 under the laws of the Republic of Singapore) MANAGED BY FSL TRUST MANAGEMENT PTE. LTD. (Incorporated in the Republic of Singapore) Company Registration No. *****2265R (as Trustee-Manager of First
      4,158 words
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      182 13 IN THE MATTER OF ALLIANZ INSURANCE MANAGEMENT ASIA PACIFIC PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NO. *****9234D NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final General Meeting of the members of the abovementioned Company will be held at One
      182 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Japan posts 777b yen February trade deficit
      582 14 Reversal from last year’s surplus comes as imports jump on soaring energy costs AFP [TOKYO] Japan logged another trade deficit in February, this time of US$8.1 billion according to data released yesterday, reversing a year-earlier surplus and underscoring the uncertain state of the
      AFP; PHOTO: AFP  -  582 words
    • Article
      Lock icon Viet central banker calls for cut in bank rates to help businesses
      526 14 Reuters [HANOI] Vietnam’s central bank governor has urged banks to cut loan rates by 2-3 percentage points to below 13 per cent to help struggling businesses and boost an economy growing at its slowest pace in 13 years,
      Reuters  -  526 words
    • Article
      Lock icon Income gap widens in Spain
      305 14 Recession, 26% unemployment behind 30% rise in income inequality since 2006: charity AFP [MADRID] The income gap between the richest and poorest people in Spain has widened by 30 per cent since 2006 due to the country’s sharp economic downturn, the Spanish branch of Catholic
      AFP  -  305 words
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      1051 14 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ?-;-@`*"!&&(?|,]@_>[?.=.?_{?"_] 方 ORIENTAL GROUP ORIENTAL GROUP LTD. Company Registration Number: *****1998C (Incorporated in the Republic of Singapore on 23 February 2004) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Oriental Group Ltd. (the “Company”) will be held
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  • WORLD
    • Article, Illustration
      Lock icon Gillard wins party leadership vote unopposed
      547 15 Rival Rudd admits he doesn’t have enough backing to mount a challenge Reuters [CANBERRA] Australian Prime Minister Julia Gillard yesterday stared down a leadership crisis and ensured she will lead the government until Sept 14 elections after her chief rival, Kevin Rudd, said he
      Reuters; PHOTO: BLOOMBERG  -  547 words
    • Article
      Lock icon Thai minister wants lower baht and rates
      321 15 Reu ters [BANGKOK] Thailand’s finance minister said yesterday that both the baht and interest rates should be lower, after the currency hit a 16-year high, threatening the export-driven economy, but he repeated there would be no capital controls to curb inflows. “I want
      Reuters  -  321 words
    • Article
      Lock icon Academics differ on budget cut effects
      659 15 Some argue boom in stocks not related to federal debt WP [WASHINGTON] Most economic forecasters predict that the spending cuts that the US federal government has enacted this year will slow economic growth. A few insist the opposite, that sequestration will not hurt the
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    • Article
      Lock icon Consumer groups scrutinise new UK financial watchdog
      383 15 Reuters [LONDON] Britain’s new financial watchdog was set to unveil its plans for tougher rule enforcement yesterday, which the government hopes will help prevent a repeat of the financial crisis. The Financial Conduct Authority (FCA) will be launched on April 1, April Fool’s
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    • Article
      Lock icon Final bonus for bankers before EU payout cap
      653 16 New rules raise risk of top bankers relocating to centres outside Europe Reuters [BRUSSELS] Bankers in Europe will have one final bonus season before they are barred from awarding themselves payouts worth more than their salary, EU lawmakers agreed on Wednesday, paving
      Reuters  -  653 words
    • Article, Illustration
      Lock icon Deutsche Bank slashes 2012 profit
      437 16 NYT [FRANKFURT] Deutsche Bank on Wednesday revised its profit for 2012 sharply downward as it set aside more money to cover the potential cost of legal proceedings, in what appeared to be a response to the sums that other banks have paid to settle accusations
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    • Article
      Lock icon Australia sticks to energy target
      362 16 At least 20% of country’s electricity to come from renewables by 2020 Reuters [PERTH] Australia yesterday announced that it will keep its renewable energy target, which requires at least 20 per cent of the country’s electricity to come from renewables by 2020. The target remains
      Reuters  -  362 words
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      Lock icon Two HP directors narrowly retain their board seats
      791 16 AP [MOUNTAIN VIEW, US] Hewlett-Packard on Wednesday barely rebuffed a shareholder rebellion aimed at ousting the two longest-serving directors from the personal computer maker’s board. Shareholders had sought the board members’ ouster as punishment for a series of botched acquisition and other
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    • Article
      Lock icon Over 1b people visit our website each month: YouTube
      290 16 AP [SAN FRANCISCO] YouTube says more than one billion people are now visiting its online video site each month to watch everything from clips of cute kittens to scenes of social unrest around the world. The milestone announced on Wednesday marks
      AP  -  290 words
    • Article, Illustration
      Lock icon Hacking a cheaper option for N Korea
      545 17 Wednesday’s attacks on banks and TV stations expose Seoul’s vulnerability Reuters [SEOUL] A hacking attack that brought down three South Korean broadcasters and two major banks has been identified by most commentators as North Korea flexing its muscles as military tensions on the
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    • Article, Illustration
      Lock icon February home resales rise, hitting 3-year high
      660 18 Manufacturing growth accelerates in March; hiring pace increases LATEST US DATA Reuters [WASHINGTON] US home resales hit a three-year high in February and prices jumped, adding to signs of an acceleration in the housing market recovery, even though the supply of properties on
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    • Article
      Lock icon Eurozone flash PMI in March down at 46.5
      457 18 Reu ters [LONDON] The eurozone’s economic downturn deepened this month, even before Cyprus’s bailout troubles, according to Markit, a global financial information services survey. The results will add to the headache of policymakers battling to revive the currency bloc’s fortunes and now
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    • Article
      Lock icon Fed holds course amid sharp cuts in govt spending
      613 18 FOMC trims its 2013 and 2014 economic growth forecasts AFP [WASHINGTON] The Federal Reserve kept its easy monetary policies in place on Wednesday, saying high unemployment and the government’s sharp spending cuts remain barriers to full recovery from the 2008 crash.
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    • Article
      Lock icon Billabong in talks with two groups of bidders
      284 18 Reuters [SYDNEY] Troubled Australian surfwear firm Billabong International Ltd said yesterday that it remains in talks with two groups weighing US$544 million bids for the company a statement that comes after the company’s shares plunged to a record low. Billabong had asked
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    • Article
      Lock icon Thailand gives 1.7m free tablet computers
      372 18 Handout to teachers, students set to cost govt 4b baht AFP [BANGKOK] Thailand plans to distribute about 1.7 million tablet computers to students and teachers this year in the world’s largest handout of the devices for education, officials said yesterday. Nine firms from countries
      AFP  -  372 words
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      1758 15 WATS NOTICES MUN SIONG ENGINEERING LIMITED Company Registration No. *****0250M (incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of MUN SIONG ENGINEERING LIMITED (the “Company”) will be held at 35 Tuas Road, Jurong Town, Singapore *****6 on Tuesday,
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      391 16 NOTICES NTUC CLUB INVESTMENTS PTE LTD (IN MEMBERS’VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NO. *****4565G (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY WAS DEEMED TO BE HELD AT DOWNTOWN EAST NO 1 PASIR RIS CLOSE SINGAPORE *****9
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  • Page 17 Advertisements
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      3391 17 ATS3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Cap/taLand CAPITALAND LIMITED (Regn. No.: *****0036N) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at The StarTheatre, Level 5,The Star Performing Arts Centre, 1
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon FedEx to trim cargo flights to Asia
      619 19 Customer shift to its slower and cheaper international services speeding up Bloomberg [DALLAS] FedEx Corp plans to cut cargo flights to Asia as customers accelerate their shift to the company’s slower, less expensive international services. The shipping company is making the changes after
      Bloomberg; PHOTO: AFP  -  619 words
    • Article
      Lock icon Long-range clean tanker rates at 3-month high
      411 19 Reuters [LONDON] Clean tanker rates for refined petroleum products on top export routes were mostly firmer with further cargo bookings boosting the Long Range market. Long Range 1 tankers, carrying 55,000-tonne loads from the Middle East Gulf to Japan, were at W136.50 or
      Reuters  -  411 words
    • Article
      Lock icon TRANSPORT STOCKS
      223 19 SGX '000 Mar 21 S$ +/-Vol CH Offshore 0.48 unch 30 Chuan Hup Hldg 0.27 0.01 165 Cosco Corp 0.90 -0.01 2301 S$ First Ship Lea Freight Links Grand Banks.............unch unch 0 Jaya Hold Ltd 0.27 K1Ventures 0.16 unch 1196 Keppel Corp 11.43 -0.01 6317 Mercator Lines 0.12
      223 words
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      Lock icon Asia’s long wait for F-35 fighter jets
      560 19 Reuters [CANBERRA] The Pentagon’s F-35 warplane is giving US allies in Asia a headache as they look to replace ageing jets with a cutting edge aircraft now likely to be at least seven years late in offering a strategic deterrent to China. The
      Reuters; PHOTO: REUTERS  -  560 words
    • Article
      Lock icon Delta in talks with Boeing, Airbus for jets
      331 19 Reuters [SEATTLE] Delta Air Lines Inc is in talks to purchase small and wide-body jets from Airbus and Boeing in deals potentially worth about US$6 billion at list prices, two people familiar with the matter said. Potential orders involve about 20 each
      Reuters  -  331 words
    • Article
      Lock icon Longer-distance deliveries help tanker owners cut Iran losses
      682 19 West African crude replaces Iranian oil to India and China Reuters [BANGALORE] Oil-tanker owners are cushioning the impact of Iranian trade restrictions by shipping crude over greater distances to some of Asia’s biggest economies, the founder of Nordic American Tankers Ltd said.
      Reuters  -  682 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Putrajaya should kick its subsidy habit
      473 20 EDITORIAL EARLIER this week, Malaysian Prime Minister Najib Razak promised to make the RM500 (S$200) handout to the country’s poor an annual affair. These so-called “Brim” payments are, doubtless, much appreciated by its poor recipients but they will cost the Treasury at least RM2
      473 words
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      Lock icon China still has a lot of catching up to do
      788 20  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 THE United Nations has issued its latest Human Development Report, which shows “a profound shift in global dynamics driven by the
      788 words
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      Lock icon Make water conservation our business
      964 20  -  Successful enterprises are those that can capitalise on changing global water availability By HOE WAI CHEONG The writer is executive managing director of Black Veatch in the Asia-Pacific, an engineering, construction and operations consultancy TODAY is UN World Water Day, and it is followed fast
      PHOTO: AFP  -  964 words
    • Article, Illustration
      Lock icon Cyber attacks: Strikeback isn’t the answer
      1025 21  -  Firms should instead focus their security strategies on multi-layered defence implemented well and monitored carefully By SCOTT ROBERTSON The writer is Asia-Pacific vice-president for WatchGuard Technologies, Inc BETWEEN agendapushing hacktivists, money-grubbing cyber criminals and, more recently, spying nation states, there is no shortage of
      PHOTO: REUTERS  -  1,025 words
    • Article, Illustration
      Lock icon QE no guarantee of steady, long-term economic growth
      854 21  -  LEON HADAR Washington Correspondent IN THE aftermath of President Barack Obama’s re-election victory last November and the ensuing budget deal between the White House and congressional Republicans to defuse the fiscal cliff crisis, some politicians and investors were hoping that the two
      PHOTO: AFP  -  854 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Power to alter a space dramatically
      931 22  -  Popular colours in interior design are extremely fluid and tend to be influenced by trends in other industries. By SUZIE H CREATIVE concepts and designer furniture tend to hog the limelight in interior design, but colour also has the power to alter a space
      PHOTO: NIPPON PAINT  -  931 words
    • Article, Illustration
      Lock icon Big-ticket US home renovations return
      1139 24 Homeowners had been sticking to only must-do repairs during the worst housing downturn since the Great Depression Bloomberg [GREENSBORO, US] Claudia Brown, a kitchen and bathroom designer for Home Depot Inc, is witnessing what she’s rarely seen in the past six years: customers knocking down
      Bloomberg; PHOTO: REUTERS  -  1,139 words
  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      424 22 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D05 HOUSE FOR SALE WEST COAST Large semi-detached. 99 years. 5+1+1 rooms. 2 cars underground parking. Pool other facilities. $770 psf. Call 9815 6931 D10 HOUSE FOR SALE HOLLAND RISE 2-sty GCB with basement attic. Land approx. 15,000 sqft. F’hold. 6+2 with
      424 words
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      Lock icon Page 22 Advertisements Column 2
      110 22 D19 HOUSE FOR SALE SERANGOON GARDENS 3-Sty Semi-D Serangoon Garden 5+1 rms, 5 toilets, Garden. Land 2,650 sqft, TOP 1996, 999 years. Opposite Park, Quiet, Airy. Can park 2 cars D20 HOUSE FOR SALE BELGRAVIA VILLAS Freehold Strata Landed. 3-sty basement roof. Home lift facilities security. 2 car lots. Register
      110 words
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  • Page 23 Advertisements
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      222 23 D23 HOUSE FOR SALE MICHAELS’ RESIDENCES Reduced! Luxurious Upper Bukit Timah houses. 10 Bungalows/ 30 Semi-Detached. Star Buys! From $4.818m $2.918m. 4/5/6 Bdrm. View by appt!! D26 HOUSE FOR SALE SPRINGLEAF Semi-d 10m x 45m. South. Potential for A&A/ bunglw. Freehold. Cul-de-sac. www.*****783.com D28 HOUSE FOR SALE MIMOSA TERRACE Freehold.
      222 words
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      Lock icon Page 23 Advertisements Column 2
      241 23 D09 APARTMENT FOR SALE LUMA Luma River Valley Freehold. 904 sqft. 2 rms. Tenanted/ Vacant, Mins to future Great World MRT. $1.95M negotiable. D09 APARTMENT FOR SALE OXLEY EDGE Orchard fringe from $8xxk. Good layout, greenery. Beside beautiful shophouse. UE Square/ Dhoby Ghaut/ Somerset MRT proximity. Nick 9776 1677 D09
      241 words
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      Lock icon Page 23 Advertisements Column 3
      252 23 D10 APARTMENT FOR SALE THE GRANGE 3-level Penthouse. 4381 sqft. 4 bedrooms ensuite. Open views. Fine finishes. David 8118 8889 D10 APARTMENT FOR SALE THE TRIZON F’hold. 3-bdrm 2260 sf $1600 psf. Large landscape. Exclusive Quiet. Louis 9850 0668 Savills D11 21 APARTMENT FOR SALE GILSTEAD TWO At Gilstead rd.
      252 words
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      Lock icon Page 23 Advertisements Column 4
      239 23 D23 APARTMENT FOR SALE HILLION RESIDENCES Hillion Residences Preview! MRT, LRT, bus interchange, mall right doorstep. Don’t Miss! 546 units only! 1 2 3 4 bdrms SOHO Penthouse D23 APARTMENT FOR SALE PALM GARDENS 1206 sqft. High floor. Well-maintained. Pool view. Quiet. Breezy. 3+1. Owner staying. $9xxK D23 APARTMENT FOR
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      Lock icon Page 23 Advertisements Column 5
      229 23 D15 HOUSE FOR RENT 80 MEYER ROAD Cluster bunglw. Built-in 6500 sqft. 2-sty attic basement pool. Avail immed $17.5K. Also for sale. Owner 9863 5635 9727 2996 D15 HOUSE FOR RENT LORONG M Terrace. 5 rms. Mins East Coast amenities, park connector, eateries, bus. www.*****783.com D15 HOUSE FOR RENT SIGLAP
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  • Page 24 Advertisements
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      117 24 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D08 APARTMENT FOR RENT HERTFORD COLLECTION 3+1. 1800 sqft. Fully furnished. New kitchen/ aircon. Bright spacious. 7 mins to MRT. Available immediately. VTO. Veronica Wee 9026 4551 SLP D09 APARTMENT FOR RENT GARDENVILLE Gardenville Walshe Rd, 1873sf, 3+Maid, 3 separate hall, pte
      117 words
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      Lock icon Page 24 Advertisements Column 2
      114 24 D11 21 APARTMENT FOR RENT TRILIGHT 1195 sqft. 2+1. Very high flr. Spectacular city view. Partial furnished. Near Newton MRT/ Scotts/ good schools. Immediate. Su 9855 9188 D11 21 APARTMENT FOR RENT TRILIGHT 3 bedrms. 2099 sqft. Fantastic view. Novena MRT Mall. Key with agt Lawrence Chua 9336 9247 D15
      114 words
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      Lock icon Page 24 Advertisements Column 3
      123 24 D01 SHOP FOR SALE THE RIVERSIDE PIAZZA Approx 3584 sqft, 2 levels. Tenanted till Nov 2014. Central location. Don’t Miss! D03 SHOP FOR SALE QUEENSWAY SHOPPING CENTRE Full fledge F&B shop, Freehold. Queensway Shopping Centre. Heavy human traffic. From $1.09M Closing! Call Winnie 9238 5535 now! D07 SHOP FOR SALE
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      Lock icon Page 24 Advertisements Column 4
      135 24 D12 OFFICE FOR SALE Veronica Lim 9455 0898 BALESTIER ROAD Attractive Balestier Road, Mezzo. Freehold. 969 sf. #01. Full glass. Carpark. Near amenities. Call Veronica 9455 0898 D12 RESTAURANT FOR SALE 1 DUSUN F’hold. F&B lot. Sub-sale: 1 Dusun. TOP 2017. #01. 236 sf. Near Novena MRT. Good rental yield;
      135 words
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      Lock icon Page 24 Advertisements Column 5
      122 24 D22 FACTORY FOR SALE TUAS DRIVE 1 JTC Detached Factory. Value $14M. View to offer. 1k metric undergrd tank. Near AYE/ PIE. Bal 37yrs Land: 5000.2/Built-in 5382sqm Eve 9777 9506 D01 OFFICE FOR RENT MAXWELL HOUSE Maxwell House 1925 sqft. Fitted/ bare. Available immediate. For lease/sale. No GST. Call now!!!
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  • Page 25 Advertisements
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      940 25 D12 SHOP FOR RENT LITTLE INDIA VICINITY Shop house Little India, 2174 sqft, suits retail/ F&B/ office. 1st or 2nd floor optional. Private parking. Price negotiable. D12 WAREHOUSE FOR RENT CT HUB B1 industrial. Brand new 979.52 sqft. Bare unit. TOP soon. Self contained toilet. Near MRT $5K neg D14
      940 words
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      Lock icon Page 25 Advertisements Column 2
      143 25 FOREIGN PROPERTY FOR SALE FACE IN MALAYSIA Face KLCC. Prime Freehold Condo. Near Bukit Nanas MRT. 1/2 bedrms, 850-1490sf. F/ furn Suites. S$6xxk up. FOREIGN PROPERTY FOR SALE OLIVE FARM IN CHINA 45 acres (271MU) Oil producing 7 years old Olive Farm in Kuming (China) for sale. +65-6462 4222 FOREIGN
      143 words
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  • Article
    Lock icon SHIPPING TIMES
    2760 26 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination STXPO TBN Camden/New
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3156 28 Transaction date: Mar 21 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 5.8 3 A-Sonic Sale Vol Day Last Quote (’000) High Low Buyer Seller Div Gr Yld C'vr Net 164
      3,156 words
    • Article
      Lock icon SGX CATALIST
      239 29 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 Day Last Quote Div Gr Yld Net M Cap High Low Company Sale C000) High Low Buyer Seller C’vr P/E Smil +0.4
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    • Article
      Lock icon UNIT TRUST & FUNDS
      7853 29 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FundCl A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.11/ Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond 1.0078/ EM local Ccy Bond 1 0097/ European Opportunities'** 1.1712/ Global Emerging Markets!" Global Opportunities/" China Opportunities
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    • Article
      Lock icon GLOBALQUOTE
      249 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 46.5 30 Genting HK US$ US45.5 +0.5 6687 45.5 45 45 45.5 2996 Sale 260 181 TanChongInt HK249 +3 240 249 245 249 250 4.3 2.8
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    • Article
      Lock icon SGX ETF
      917 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 136.8 120.4 CIMB APAC Div 100S$D 136.8 135.7 136.6 111.7 95.8 CIMB APAC Div 100US$ US108.8 108.2 109.1 11.4 1421 1246 CIMBASEAN40 100S$D 1391cd -24
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      623 30 Mar 21 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.00 *****.26 *****.06 Jun13 *****.00 *****.00 *****.00 *****.00 ***** *****7 Sep13 *****.00 4 157 MSCI TAIWAN INDEX FUTURES SPOT 280.87 281.64 280.11 Mar13 279.30 280.90 279.30 280.00 ***** *****0 Apr13 279.20 280.40 279.20 280.10
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 30 In local curr In S$ In US$ dy yr dy yr dy yr Mar 20 Index Change Change Change Change Change Change World Preliminary 1025.0 0.4 9.3 0.4 9.7 0.5 7.1 EAFE Preliminary 852.5 0.3 10.1 0.3 7.9 0.3 5.3 Europe Preliminary 1236.6 0.5 7.8
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    • Article
      Lock icon INTERBANK CROSS RATES
      471 30 Mar 21 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.063 6.443 0.802 8.050 56.281 100.936 0.994 11.571 3.236 1.255 101.838 42.255 1.298 9.668 0.980 30.910 30.266 0.686 1.037 Canada 0.940 6.059
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    • Article
      Lock icon SIBOR
      66 30 Mar 21 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid
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    • Article
      Lock icon PRECIOUS METALS
      134 30 Mar 21 GOLD(US$/oz) Mar 20 Mar 21 Hong Kong 1618.50 1614.40 Mar 19 Mar 20 London 1612.14 1606.40 1612.96 1607.20 Source: Thomson Reuters CAST BAR Mar 21 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 145 65 5gm 413 323 10gm 737 647
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    • Article
      Lock icon GOVERNMENT SECURITIES
      90 30 Mar 21 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 20-Jun-13 0.25 6-Month BS*****T 19-Sep-13 0.26 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-13 100.11 100.14 100.14 5-Year N*****0Z 2.375
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    • Article
      Lock icon PALM OIL
      57 30 Mar 21 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 13 2455.0 2426.0 2455.0 2433.0 204 3079 May 13 2459.0 2439.0 2472.0 2445.0 6213 ***** Jun 13 2462.0 2442.0 2477.0 2451.0 ***** ***** Jul 13 2461.0 2443.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 30 Mar 21 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2975 1.2983 1.0368 1.0373 Canadian dollar 1.2200 1.2210 0.9755 0.9749 Euro 1.6177 1.6182 1.2927 1.2929 NZ dollar 1.0337 1.0344 0.8260 0.8265 Sterling pound 1.8922 1.8930 1.5121 1.5125
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    • Article
      Lock icon CHICAGO BOT
      107 30 Mar 20 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 13 1419.75 1406.75 1422.00 1406.25 Jul 13 1399.25 1388.00 1401.25 1387.00 Aug 13 1359.00 1350.00 1360.25 1350.00 Sep 13 1294.75 1287.75 1295.75 1285.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 13 49.84
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    • Article
      Lock icon LIFFE
      79 30 Mar 20 COCOA (£/tonne) Close Prev High/Low May 13 1446 1418 1448/1417 Jul 13 1459 1431 1462/1430 Sep 13 1469 1443 1472/1441 Dec 13 1476 1451 1478/1449 COFFEE(US$/tonne) Close Prev High/Low Mar 13 2105 2124 2119/2110 May 13 2152 2155 2161/2139 Jul 13 2152 2158 2162/2141 Sep 13 2151
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 30 CRUDE OIL PRODUCTS Mar 20 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.91 -0.32 WTI (Near Mth) 93.13 0.98 Dubai (1-Mth F) 104.66 -0.84 Tapis blend 114.14 -0.89 Minas 108.64 -0.89 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 100.06 -0.27 Jet Kerosene 121.04 -2.08 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 30 Mar 21 S$ Bid Offer 1-month 1.2514 1.2516 2-months 1.2513 1.2516 3-months 1.2513 1.2516 6-months 1.2509 1.2521 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 30 Mar 20 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1900.75 1895.00 3 months 1939.00 1936.50 Copper, Grade A(US$/tonne) Cash 7584.50 7493.75 3 months 7620.00 7530.00 Lead(US$/tonne) Cash 2161.50 2145.00 3 months 2188.00 2170.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1000 30 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 Conv AlliedTech W*****2 Exer Asiatravel.com HoldingsW*****7 3 1 25 16 Asiatravel.com HoldingsW*****5 3.3 1 27 40 BakerTech W*****5 16.3 unch 2396 1 27 2.67 27 Best World Intl
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 30 As at 9am Mar 21 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.328 1.265 Can dollar 1.247 1.188 Euro 1.655 1.577 Sterling pound 1.922 1.849 NZ dollar 1.067 1.007 US dollar 1.275 1.215 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      157 30 Mar 21 $S Offer Bid 0vernight 0.05 0.02 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.07 US$ 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
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  • WINE
    • Article, Illustration
      Lock icon Burgundy and Thai food
      962 31  -  YONGfinds out how well wines from three specific villages go with Thailand’s spicy cuisine NK YONG EARLY this month, Laurent Ponsot, owner of the iconic Domaine Ponsot, chose an Indian restaurant as the venue for his wine dinner. His experiences on a recent visit to India
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      97 31 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
      97 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      353 31 CRYPTIC CROSSWORD Across 1 How ladies rode interests designated driver taken in drink (10) 6 Experts regularly cut out pancreas (4) 9 One revolting bachelor in dance (5) 10 Limit Tory’s retinue (9) 12 Walk clumsily after boot’s last seen in garbage (7) 13 Bucket containing small aromatic plant (5)
      353 words
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  • MUSIC
    • Article, Illustration
      Lock icon The song never stays the same
      931 32  -  Robert Plant grows without rejecting his past, saysCHRISTOPHER CHRISTOPHER LIM ROBERT Plant knows exactly what you’re going to ask him: What are the chances of him reuniting with Led Zeppelin, the British rock band that made him famous? It is precisely why he is
      PHOTO: CHARLIE BRYAN  -  931 words
    • Article, Illustration
      Lock icon Transported to a smoky bar in Argentina
      377 32  -  By LYNN KAN THE father of jazz-tango crossbreed Nuevo Tango, Astor Piazzolla, would have just turned 92 when his protege, pianist Pablo Ziegler, performed at the Esplanade Recital Studio last weekend. Absent as the late Piazzolla was, the night's repertoire was a nod
      377 words
    • Article, Illustration
      Lock icon Journey to the past and back
      494 32  -  By CHRISTOPHER LIM IT’S not easy being a long-lived rock band which has attracted fans across generations. When Journey appeared at the Indoor Stadium on Tuesday night for the American group’s first gig here, not everyone was on the same page. Blame Glee. The
      494 words
    • Article, Illustration
      Lock icon When geeks went crazy
      417 32  -  By CHRISTOPHER LIM IT was really hard to square the image of a geeky-looking band and the vision of Mutemath’s singer Paul Meany surfing over the crowd on a giant cushion. But that’s precisely the sort of mental mismatch the audience at Mutemath’s inaugural gig here
      PHOTO: CHRISTOPHER LIM  -  417 words
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  • ARTS
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      Lock icon Exploring painting and performance
      737 33  -  Tate Modern’s latest show, A Bigger Splash, does not quite succeed in making waves, saysZEHRA ZEHRA JUMABHOY I F you think painting is a private and peaceful activity, London’s Tate Modern latest group show, A Bigger Splash: Painting After Performance, hopes to convince you otherwise. Curated
      737 words
    • Article, Illustration
      Lock icon Drawn to the dark
      572 33 By HELMI YUSOF SHE'S young, talented and pretty. At 24, Armeni-an-born artist Anna Navasardian has surpassed most of her peers by winning awards for her paintings and gaining gallery representations. At her solo exhibition in Galerie Michael Janssen in Gillman Barracks, one can see why. Her
      PHOTO: HELMI YUSOF  -  572 words
    • Article, Illustration
      Lock icon Edges tackles song cycle
      642 34  -  The musical’s cast and crew want to ease local audiences into the increasingly popular musical format, reports HELMI YUSOF Three exciting musicals are set to hit the floorboards this April and May reports HELMI YUSOF I T’S not a musical form that most Singapore audiences are
      642 words
    • Article, Illustration
      Lock icon Dirty Dancing set to steam up the stage
      769 34  -  By HELMI YUSOF IN the 2011 comedy Crazy, Stupid, Love, Ryan Gosling plays a Casanova who seduces women by inviting them to perform the final number in the classic movie Dirty Dancing. Gosling would stand at one end of the room, pretending
      769 words
    • Article, Illustration
      Lock icon Glass Anatomy revives Taiwanese classic movie
      618 34  -  By SARA YAP WHEN theatre director Goh Boon Teck watched the 1983 Taiwanese tear-jerker Papa Can You Hear Me Sing? back in primary school, he was so struck by it that he cried. The movie left an impression on him all the way to
      618 words
  • Page 33 Advertisements
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      108 33 RELIEF IN A JAR S? HERITAGE Rheuma-Salve extra-strength pain relief balm isa jsm Rheuma-Sa|ve" extra-strength pain relief balm uS**!® Arf**£t ien**S( Ati^'cr SaW Farewell to nagging pains with Heritage® Rheuma-Salve Extra-Strength Rain Relief Balm. A balm trusted for generations and made from a proprietary blend of premium European essential oils.
      108 words
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  • CINEMA/ARTS
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      Lock icon Side Effects unpredictable but welcome
      543 35  -  By GEOFFREY EU THERE'S nothing like a smart psychological thriller to chase the post-Oscar blues away and renew your faith in the movies. Side Effects delves into the more murky aspects of medical ethics and examines the impact of a so-called wonder drug on both
      543 words
    • Article, Illustration
      Lock icon Unmistakeably Tarantino
      618 35  -  His voice is loud and clear and distinctive as ever in Django Unchained, saysGEOFFREY GEOFFREY EU WHEN he makes one of his B-movie tributes, Quentin Tarantino leaves no genre unturned, no taboo untouched and certainly no doubt among viewers about his ability to leave his imprint on the
      618 words
    • Around Town
      • Article
        Lock icon Art
        82 35 Yinjaa-Barni: View art pieces done by Yinjaa-Barni, an indigenous Australian artist community, at their first international solo exhibition here in Singapore. Works such as Maudie Jerrold’s Rain-Bow and Aileen Sandy’s Blue Bells reflect the Aboriginal community’s rich culture and traditional artistic techniques. Future Perfect gallery at Gillman Barracks from
        82 words
      • Article, Illustration
        Lock icon Stage
        153 35 The Bride Always Knocks Twice: A cast of eight women will take centre stage at this multilingual play by The Theatre Practice. Written by playwright Liu Xiaoyi and STAGES artistic director Jonathan Lim, this black comedy tells each character's story while highlighting societal issues of gender and history. The
        153 words
      • Article
        Lock icon Comedy
        196 35 Russell Peters Notorious 2013 World Tour Return Engagement: Following his two sold-out shows last year, Canadian comedian Russell Peters will be back again in Singapore for a third show. For fans who missed him the first two times he was here, his return engagement will feature the same material,
        196 words
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        Lock icon Film
        75 35  -  Compiled by SARA YAP Lumumba: Catch a screening of this film centred on the final months of Congolese independence leader Patrice Lumumba’s life before his assassination in the 60s. Directed by Haitian filmmaker Raoul Peck, the movie first premiered at the 2000 Cannes Film Festival. Alliance Francaise Theatre on
        75 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon Dressing up AFF
      1702 36  -  challenge to keep the Audi Fashion Festival fresh and relevant, while boosting tills at trade show Blueprint, remains an uphill one, reportsTAY SUAN CHIANG reportsTAY reportsTAY SUAN CHIANG FASHION weeks in London, Paris and Milan may be over but in Singapore, the beautiful season will take off
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