The Business Times, 28 March 2013
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2013-03-28
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The Business Times
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Title Section25 2013-03-28 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Thursday, March 28, 201325 words
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1192 2013-03-28 1 KALPANA RASHIWALA - Their share of February purchases plunges in the wake of the latest cooling measures By KALPANA RASHIWALA [SINGAPORE] The Jan 12 cooling measures appear to have spooked Singapore permanent residents (PRs) looking to buy private homes here. Their share of private home1,192 words
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Article, Illustration500 2013-03-28 1 SAMUEL EE - But small car COE premium falls by about $10,000 By SAMUEL EE [SINGAPORE] The big car COE premium went up as expected and in the predicted range, while the small car premium’s fall was also foreseen. In yesterday’s bidding exercise for certificates ofFILE PHOTO - 500 words
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MARKETS DIGEST
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Article66 2013-03-28 1 GST INDEX 3,313.03 (+24.50) GST INDEX FUTURES 3,313.00 (+24.00) GSIMSCI 375.73 (+3.15) GSIMSCI FUTURES 375.80 (+3.20) US$ S$ US$ (S$ per US$) 1.244 (US$/S$ per 1.515 1.884 EURO (US$/S$/€ 1.283 1.595 Foreign currency per US$ S$ YEN 94.70 76.20 RM 3.102 2.494 HK$ 7.761 6.240 BAHT 29.26 23.5366 words
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Article47 2013-03-28 1 Wednesday Change KL COMP 1,667.57 +14.74 NIKKEI 225 12,493.79 +22.17 HANG SENG 22,464.82 +153.74 SET INDEX 1,560.87 +16.84 JAKARTA COMP 4,928.10 +85.58 MANILA COMP 6,847.47 +182.35 SEOUL COMP 1,993.44 +9.74 SHENZHEN B 802.66 +1.53 MUMBAI IND Closed 12noon EDT Change DOW 14,520.25 -39.40 NASDAQ 3,247.20 -5.2847 words
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Article21 2013-03-28 1 SINGAPORE 5.38 MALAYSIA 6.55 INDONESIA 500 TAIWAN 13.276 TAIWAN 5.036 BRITAIN 1.475 KOREA 9.33 BRITAIN INDIA US Source: Bloomberg21 words
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Page 1 Advertisements
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Advertisement88 2013-03-28 1 S’PORE NEWS Employers focus on investing in talent: Hudson PAGE 12 PROPERTY Lower rents keep office demand healthy in Q1 PAGE 43 COMMENTARY Should we curb the hiring of foreigners? PAGE 35 COMPANIES First Reit buys two Indonesian hospitals PAGE 7 Moving to where the money is CONNECTING BUSINESS TO88 words
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TOP STORIES
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Article370 2013-03-28 2 PRs pull back sharply on home buys THE January cooling measures appear to have spooked Singapore permanent residents looking to buy private homes here. Their share of private home purchases dived in February after the measures introduced additional buyer’s stamp duty on a PR’s first residential property purchase370 words
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682 2013-03-28 2 NISHA RAMCHANDANI - It’s also sharpening its focus on quality tourism, producing greater yield By NISHA RAMCHANDANI [SINGAPORE] Tourism, touted in recent years as a promising driver of economic growth, faces its own set of challenges this year. Given lingering global economic uncertainty and682 words
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Article, Illustration367 2013-03-28 2 PETER THAL LARSEN - REUTERS BREAKINGVIEWS By PETER THAL LARSEN [HONG KONG] Hong Kong has raised the stakes in a global accounting spat. Its regulator is suing Ernst Young (E&Y) for failing to hand over documents relating to a suspect client. The audit firm says Chinese367 words
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Article, Illustration38 2013-03-28 2 OUR report “Helping firms to go and grow overseas” (BT, March 27) carried the wrong picture of IE Singapore chief executive officer Teo Eng Cheong. The correct picture is shown above. We are sorry for the error.38 words
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Article, Illustration637 2013-03-28 4 KALPANA RASHIWALA - Prices go as high as $10,879 psf a record for outside CBD, Orchard Rd By KALPANA RASHIWALA [SINGAPORE] In tandem with the continued strong demand for small strata retail units, all 93 units at Pavilion Square in Geylang Road were snapped up on Saturday.637 words
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Article, Illustration598 2013-03-28 4 VEN SREENIVASAN - 5-year alliance lets carriers coordinate ops, hub in Dubai By VEN SREENIVASAN [SINGAPORE] The Australian competition regulators have given the final approval to the strategic alliance between Qantas and Emirates, which will see the Australian airline bypass Singapore on its “kangaroo route” and hub inPHOTO: REUTERS - 598 words
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709 2013-03-28 4 GRACE LEONG - By GRACE LEONG [SINGAPORE] A 12-day corruption trial of former Singapore Civil Defence Force chief Peter Lim closed yesterday with the prosecution seeking to impeach more of his testimony, including his reasons for supporting an open tender for radiation portal monitors, and reiterating709 words
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574 2013-03-28 4 ANTHONY ROWLEY - By in ANTHONY ROWLEY in Tokyo AS China’s economic growth picks up steam again, concerns are mounting about developments in its financial sector and, in particular, about the rapid growth of securitised products, a senior official of the Organisation for Economic574 words
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Article, Illustration576 2013-03-28 4 MICHELLE QUAH - By MICHELLE QUAH [SINGAPORE] A code spelling out how prosecutors and defence lawyers ought to conduct themselves in criminal proceedings here has been launched by the Attorney-General’s Chambers and the Law Society of Singapore. Notable for laying out how both sides576 words
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Page 2 Advertisements
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Advertisement511 2013-03-28 2 Brooks Brothers Grand Park Hotel Orchard Raffles City VivoCity The Shoppes at Marina Bay Sands t± w NX 7\ j i I Tommy Hilfiger Grand Park Hotel Orchard Raffles City VivoCity The Shoppes at Marina Bay Sands Enjoy 10X rewards, stylish discounts and more. When it comes to the leading511 words
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Page 3 Advertisements
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Advertisement311 2013-03-28 3 b ■^s *3 V ft A A P -L S8 IS» ■*56 9* k J |M 1 5* f’Q. iSSia* m es* m S; M *$isHJ 2 J jd. tr 1 |C|«n J NTER Experience a new landmark in the CBD that truly means business SBF Center emerges as a311 words
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Page 5 Advertisements
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Advertisement123 2013-03-28 5 wwwm com. sg Great deals to celebrate the new Golf winning Car of the Year 2013. CAR YEAR m y -—>55^ <0. h You’re invited to come and celebrate the new Golf winning Car of the Year 2013. There’ll be food, drinks, fun activities and most importantly, celebration offers on123 words
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Advertisement419 2013-03-28 6 *v '•V, fcs I gag sr. A SPRING TO THE BREATH OF SUMMER SPRING SUMMER 2013 21 MAR 14APR AWAKEN TO A FRESH START AND DRAW YOUR INSPIRATION FOR SPRING AND SUMMER SHOPPING AT PARAGON. CITIBANK PARAGON WORLD MASTERCARD EXCLUSIVE citibank Receive $40 Paragon shopping vouchers with a minimum of419 words
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COMPANY NEWS
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Article, Illustration542 2013-03-28 7 JOYCE HOOI - 190.4m purchase brings trust’s portfolio to 14 properties By JOYCE HOOI FIRST Real Estate Investment Trust (Reit) is buying two hospitals in Indonesia for a total of $190.4 million. The two hospitals, Siloam Hospitals TB Simatupang (SHTS) in South Jakarta and Siloam Hospitals Bali542 words
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683 2013-03-28 7 CAI HAOXIANG - CEO confident of reaching 50% stake By CAI HAOXIANG EVEN as United Engineers (UE) formally launched its $4.15-a-share, $713 million offer for WBL Corp, UE CEO Jackson Yap was in the midst of planning the company’s next big move. “Would you683 words
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COMPANY BRIEFS
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Article64 2013-03-28 7 YANLORD Land Group Ltd had its rating outlook revised to stable from negative by Standard Poor’s Rating Services yesterday. In line with the outlook revision, the company’s long-term Greater China regional scale rating has been raised to cnBB+ from cnBB-. Its outstanding senior unsecured notes64 words
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Article93 2013-03-28 7 AZEUS Systems Holdings has won its arbitration case against a customer and has been awarded HK$40.9 million (S$6.6 million) in compensation, payable to the group within 21 days from March 21. The case relates to a HK$60.7 million IT service contract secured in Nov 2007, the93 words
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Article65 2013-03-28 7 NEO Group yesterday reported net profit of $3.02 million on turnover of $41.7 million for the fiscal year ended Jan 31, 2013. The event caterer proposed a final dividend of 1.01 cents per share, bringing the total dividends for the year to 1.50 cents65 words
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278 2013-03-28 7 CAI HAOXIANG - By CAI HAOXIANG THE auditors of Sakae Holdings, Deloitte Touche, have issued a qualified opinion on Sakae’s decision to make a full $10.5 million impairment provision in its 2012 financial statements. Sakae’s accounts were otherwise given a clean bill of health by278 words
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654 2013-03-28 9 ANDREA SOH - Share quotation, trading to begin when it conducts future fund-raising By ANDREA SOH JAPANESE real estate firm Tosei Corporation, which has a primary listing on the Tokyo Stock Exchange (TSE), has found its way to the Singapore Exchange (SGX) through a secondary listing.654 words
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394 2013-03-28 9 ONG CHOR HAO - By ONG CHOR HAO MAPLETREE Industrial Trust (MIT) will develop a plot of land in one-north into a data centre for lease to Equinix Singapore. The real estate investment trust (Reit) said yesterday that it has signed a develop-and-lease agreement on394 words
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Article, Illustration477 2013-03-28 9 LEE MEIXIAN - By LEE MEIXIAN LOSS-MAKING oil-and-gas equipment firm RH Energy is making progress with its plans to mount a reverse takeover of Chinese property developer, Chiwayland Group (Singapore) Pte Ltd. The news sent RH Energy’s shares up 15.6477 words
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333 2013-03-28 10 CARINE LEE - Vessel sales boost company’s order book to RM1.3b By CARINE LEE NAM Cheong Limited has clinched US$72.1 million in new contracts, boosting its order book to RM1.3 billion (S$519 million). Secured by its wholly owned subsidiary Nam Cheong International Ltd, the contracts are for333 words
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526 2013-03-28 10 GRACE NG - Earning expectations improving, market valuations attractive By GRACE NG INDEPENDENT global investment manager BlackRock said yesterday that Asian investment returns are compelling in 2013, and that its policy is to drive the market in the Asia-Pacific region. Earning expectations are improving and market valuations remain526 words
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Article286 2013-03-28 10 BENJAMIN AW - By BENJAMIN AW INVESTOR confidence subsided for the first time in five months in March, marking a reversal of a hitherto improving global outlook. Reflecting this, State Street Global Markets’ global Investor Confidence Index (ICI) fell 3.4 percentage points to 88. The ICI is based on286 words
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327 2013-03-28 10 TEO SI JIA - It intends to pay dividend of 3.4 cents a share for FY2013 By TEO SI JIA A SUBSTANTIAL fall in fair-value gain resulted in Second Chance Properties posting a sharp drop in earnings for the second quarter ended Feb 28.327 words
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Advertisement80 2013-03-28 7 Samsung recommends Windows 8. Enhanced Productivity On-The-Go Now get ready for a faster Smart PC Pro experience with ***** SSD! Samsung ATIVsmart PC^ HSPA+ Enabled Wendy Teo HE; Dinnw lorighl? < E# fTEnjoy a smarter PC experience with an array of intuitive features and applications on Samsung’s range of Windows80 words
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SINGAPORE MARKETS
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Article, Illustration605 2013-03-28 8 R SIVANITHY - Boost from Wall Street’s Tuesday bounce and easing concerns over Cyprus 8 R SIVANITHY Senior Correspondent THE Straits Times Index (STI) rose 24.5 points to reach 3,313.03 yesterday, fuelled by Wall St r e e t s T ues d a ySource: Bloomberg - 605 words
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Article73 2013-03-28 8 Mar 27 VALUE CLOSE BT OB/OS 552.00 +209.0 BT CADI -*****.00 +97.00 BT 10-day MA -*****.00 +55.00 FTSE ST Mid Cap 823.89 +6.65 FTSE ST Small Cap 578.88 +3.82 FTSE ST All Share 817.20 +6.10 FTSE ST China Top 224.92 +2.68 FTSE ST China 254.23 +2.00 FTSE73 words
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Article57 2013-03-28 8 VOLUME WE Hldgs 250,009,000 M Devt 216,443,000 Innopac 145,468,000 YHM 124,971,000 Halcyon 113,446,000 JiutianC 99,232,000 SingHaiyi 90,852,000 AdvanceSCT 84,634,000 Thai Beverage 75,872,000 Cedar 63,084,000 VALUE($) Keppel Corp 109,248,570 UOB 102,985,070 DBS Grp 67,211,620 Noble Grp 63,537,400 Halcyon 62,049,950 OCBC Bk 61,522,354 Genting SP 51,966,865 SingTel 47,585,100 Thai57 words
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Article186 2013-03-28 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 3 5 0 0 0 8 3 5 Manufacturing 58 47 44 9 11 9 67 58 53 Commerce 24 16 27 6 3 4 30 19 31 Tpt/Stor/Comms 19 15 10186 words
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Article122 2013-03-28 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 54,397 54,397 160,838 160,838 Manufacturing 546,430 354,940 901,370 218,970 74,291 293,262 Commerce 173,254 315,681 488,935 131,509 30,345 161,854 Tpt/Stor/Comms 116,987 11,267 128,254 160,199 4,228 164,427 Finance 168,540 176 168,716 282,357 60 282,418 Construction 126,206 125,170122 words
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Article, Illustration811 2013-03-28 8 JOYCE HOOI - Compiled by JOYCE HOOI Neptune Orient Lines March 27 close: $1.215 OCBC Investment Research, March 27 DESPITE the constant reminders of lingering economic uncertainty, the Shanghai Containerised Freight Index has stayed within a tight band (1,073-1,246) since the start of CY2013. This relative stability should provide a goodSource: Bloomberg - 811 words
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Article111 2013-03-28 8 Stock name Close Change CapMallsAsia 2.090 CapitaLand 3.560 +0.020 CapitaMall 2.130 +0.020 CityDev 11.230 +0.220 ComfortDelGro 1.915 +0.005 DBS Grp 15.950 +0.230 F&N 9.440 GLP 2.630 +0.010 Genting SP 1.505 +0.005 Golden Agri 0.590 +0.005 HK Land 7.500 -0.060 JMH 64.180 +0.410 JSH 39.900 +0.110 Jardine111 words
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Article, Illustration484 2013-03-28 8 CURRENCIES Reuters [LONDON] Mounting concerns that Cyprus’ rescue deal could see private investors foot the bill in future eurozone bailouts and renewed uncertainty in Italy pushed the euro down to a four-month low against the US dollar yesterday. More losses were expectedReuters; PHOTO: BLOOMBERG - 484 words
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Article113 2013-03-28 8 BY CENTS CLOSE UP IS S&P500 ***** 165.4 0.9 Hyflux 6% CPS 10 ***** 100.0 0.9 DBXT MSINDO 10us$ 1703 57.2 2.8 UOB.ES.1304 2054 55.0 2.8 DBXT MSKorea 10US$ 5884 54.7 0.8 UOB 2058 53.0 2.6 JMH 6418 51.0 0.6 Lyxor China H 10US$ 1442 48.5 2.8 UOB 5.05%NCPS113 words
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Article129 2013-03-28 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ ***** -317.1 -2.4 GLD 10US$ ***** -74.6 -0.4 DairyFarm 1215 -31.1 -2.0 DBXT MSBrazil 10US$ 541 -23.6 -3.4 IS MS India 100S$D 757 -14.0 -1.8 DBXT MSINDIA 10US$ 852 -13.7 -1.3 OCBC Bk 5.1%NCPS 100 ***** -11.0 -0.1 DBXT CSI300 10US$ 809129 words
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Advertisement113 2013-03-28 9 RoyalCaribbean MARINER OF THE SEAS Asia’s Largest Cruise Ship Coming to Singapore in June 2013 r 's Special ac^a 9 e *^fiCfolusive)^. 3N BEST OF MALAYSIA CRUISE Departure: 01 04 Jun, 15,22 29 Nov, 06,13 20 Dec 2013 Port-of-call: Kuala Lumpur (Port Klang) 4N ISLES OF SOUTHEAST ASIA CRUISE Departure:113 words
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Advertisement4 2013-03-28 9 Take your position. saxomarkets.com.sg/fx4 words
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Advertisement213 2013-03-28 10 A STAR ALLIANCE MEMBER *> 4T %t V FIRST CLASS FARES from: *2,318 Speechless? We were too. Be Amazed with Exclusive All-in MasterCard® Deals! BUSINESS CLASS FARES from: *838 *1,268 *1,618 Hong Kong *4,138 Tokyo *6,328 Frankfurt London Madrid Milan Munich Paris Rome Zurich Bangkok Hong Kong Beijing Chennai Delhi213 words
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CONNECTING BUSINESS TO ASIA
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Article, Illustration1000 2013-03-28 11 KAN KWOK LEONG - As Canadian network solutions provider Exfo Inc boosts its presence in Asia, opening a regional cash management centre in Singapore makes good sense, says CFO Pierre Plamondon By KAN KWOK LEONG IMAGINE being at a rock concert and trying to send photos you justPHOTO: YEN MENG JIIN - 1,000 words
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Article581 2013-03-28 11 ROHIT JOSHI - By ROHIT JOSHI The writer is head of global payments and cash management, HSBC Singapore GLOBAL companies require more advanced cash and payments solutions as trade flows become more complex. Since the financial crisis of 2008, the traditional model of East/ West economic flows has become581 words
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Page 11 Advertisements
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Advertisement187 2013-03-28 11 Singapore the Asian hub for connecting international business Emerging markets are developing at a phenomenal pace and are set to reshape world trade patterns over the next 20 years. Singapore’s location at the heart of fast-growing Asian markets makes it a trade hub for the region. But are you in187 words
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Advertisement21 2013-03-28 11 This is a four-part series, on the growth strategies of international businesses to Asia, brought to you by HSBC^ Commercial Banking21 words
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SINGAPORE NEWS
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430 2013-03-28 12 GRACE NG - Buoyant Q2 hiring expectations reflect tight labour market By GRACE NG WHILE Singapore’s hiring outlook dimmed slightly in the first quarter, it remains buoyant on the back of positive economic developments in China. A quarterly report of employment trends by recruitment firm Hudson430 words
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Article, Illustration476 2013-03-28 12 LIM JIA YING - IIa Tech pioneers commercially viable production here By LIM JIA YING THE controversy surrounding the mining of “blood diamonds” may have smeared the reputation of the coveted stone, but a Singa-pore-based firm has found a way to cultivate these rocks bloodlessly. IIa Technologies Pte Ltd is476 words
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Article, Illustration349 2013-03-28 12 NG SAI YING - BT All-in-One subscription winners are Long-time BT reader wins 1 st prize in lucky draw; first 1,000 subscribers get gifts By NG SAI YING SIGNING up for The Business Times’ All-In-One subscription has paid off for long-time BT reader Quek Bee Nar. The 55-year-old real estate agent has won aPHOTO: ARTHUR LEE - 349 words
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470 2013-03-28 12 LEE U-WEN - Four will be located within existing primary schools By LEE U-WEN THE Ministry of Education (MOE) has announced the sites of five of its new pilot kindergartens, all of which will start taking in Kindergarten 1 level students from next January. Four of the five470 words
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SINGAPORE ROUNDUP
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84 2013-03-28 12 THE government has made three new diplomatic appointments. Philip Eng, non-executive chairman of mDR Limited and Frasers Centrepoint Asset Management, will be Singapore’s next High Commissioner to Canada; Leong Horn Kee, chairman of Capitalcorp Partners Pte Ltd, will be Singapore’s next High Commissioner to84 words
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56 2013-03-28 12 THE owners of 44 residential units and occupants of 199 shops in Chinatown’s Pearl Centre were compensated yesterday for having to make way for the building of the underground tunnels for the Thomson MRT line. They were given statutory compensation and an ex-gratia payment56 words
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73 2013-03-28 12 A ROMANIAN court has found a former Romanian diplomat to Singapore guilty of culpable homicide in a 2009 fatal hit-and-run accident here, and sentenced him to three years’ jail. Silviu Ionescu, who was Romania’s charge d’affaires here, was found guilty of hitting three pedestrians73 words
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259 2013-03-28 12 TEO SI JIA - By TEO SI JIA PRIVATE education institution Lithan Hall Academy has launched an entrepreneurship programme for fresh graduates and working professionals. It has the support of the Singapore Workforce Development Agency (WDA) to run the programme. Designed to groom technopreneurs and entrepreneurial managers for local259 words
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Page 12 Advertisements
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Advertisement105 2013-03-28 12 -f Diverse Form Functionality A. ISKANDAR A MALAYSIA r L r Si! Hen m m rampoi Entrepreneurs I ark Entrepreneurs lark Johor Bahru, Johor FREEHOLD Built-up area from 9,441 sq.ft. 15,845 sq.ft. Four-in-one functional space offering corporate office, showroom, factory space and warehouses 20m wide entrance with 24 hours security105 words
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MALAYSIA/INDONESIA
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601 2013-03-28 13 S JAYASANKARAN - Najib should have capitalised on feelgood factor among people in April 2012 By S JAYASANKARAN in Kuala Lumpur FORMER premier Mahathir Mohamad, 87, reckons he would have called Malay- sia’s general election (GE) last year had he still been601 words
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Article, Illustration516 2013-03-28 13 Surge comes after lawmakers approve minister’s move to lead central bank Reuters [JAKARTA] A day after the Indonesian parliament gave approval for Finance Minister Agus Martowardojo to move over to head the central bank, the country’s share market notched record high levels. The Jakarta CompositeReuters; PHOTO: AFP - 516 words
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230 2013-03-28 13 [PETALING JAYA] Property prices in the capital of Sabah, Kota Kinabalu, are on a par with those in Kuala Lumpur and Penang. According to HwangDBS Vickers Research, the resilience of property prices is seen in Kota Kinabalu, with new condominium launches hitting RM600-900230 words
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475 2013-03-28 13 PAULINE NG - Financial stocks get a boost after Bank Negara gives sector a clean bill of health By PAULINE NG in Kuala Lumpur BANK Negara Malaysia’s assessment that the local banking system is in good health appears to have prompted a rally in financial stocks, boosting475 words
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373 2013-03-28 13 [PETALING JAYA] Genting Malaysia Bhd might be asked by parent Genting Bhd to pay out more dividends so that the latter can finance its Indonesian power plant and Las Vegas casino projects, according to a brokerage report. The projects would373 words
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Page 13 Advertisements
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Advertisement410 2013-03-28 13 More nimble than large caps, more stable than small caps. Why are U.S. mid caps in the sweet spot for investment? Get Substance the UBS House View, the proprietary report from our Chief Investment Office. To learn more, please Call UBS at +65 *****772. Go to www.ubs.com/investment-ideas or scan the410 words
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GREATER CHINA
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Article, Illustration465 2013-03-28 14 It cites challenges of declining productivity and an ageing population Reuters [WASHINGTON] Economic growth in China faces mounting headwinds and could fade dramatically in the years ahead due to declining productivity and an ageing population, according to a US FederalReuters; PHOTO: REUTERS - 465 words
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300 2013-03-28 14 AFP [SHANGHAI] Apple has been hauled to court in China, after it was accused by a Chinese firm of copying software used for the “Siri” personal assistant on its iPhones. Shanghai’s Zhizhen Network Technology claims Apple infringed its patent for voice recognitionAFP - 300 words
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407 2013-03-28 14 Bloomberg [SHANGHAI] China’s largest banks have posted a decline in bad-loan ratios for 2012 amid the slowest economic expansion in 13 years, signalling policymakers may have averted a surge in defaults. The gauge shrank to 1.33 per cent at Agricultural Bank ofBloomberg - 407 words
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Page 14 Advertisements
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Advertisement373 2013-03-28 14 HONORING THE BEST IN LOCAL ENTERPRISES X c^ 3 iOr /f Mr Idris Malim I Mrs Rosalind Chua-Koh Eduquest International I Ginny and Friends Dog Day Institute I Care Grooming Centre n :ei < >>i ST K tl Mr Sandeep Singhania Lantone Systems Pte Ltd Mr. Oliver nan HutCabb Services373 words
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GREATER CHINA/INDIA
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Article, Illustration485 2013-03-28 15 Offers include interest-free repayments and up to 20% discounts AFP [NEW DELHI] Indian car buyers are being bombarded with “buy now, pay later” offers after once-boom-ing sales skidded to a 12-year low, highlighting the struggle to stimulate consumer demand in a sagging economy.AFP; PHOTO: BLOOMBERG - 485 words
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253 2013-03-28 15 Bloomberg [HONG KONG] Hutchison Whampoa, billionaire Li Ka-shing’s biggest company, has posted full-year profit that beat analyst estimates on improved earnings from retail, telecom and utilities businesses from China to the UK. The Hong Kong-based company said net income was HK$26.1 billionBloomberg - 253 words
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Page 15 Advertisements
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Advertisement100 2013-03-28 15 FOR THE FIRST TIME, ONE ISSUE WITH THREE DIFFERENT COVERS a collector’s edition FEMALE APRIL ISSUE OUT NOW THE FACES OF S/S ft PR I FEMALE x NARS Exclusive Limited sets of Soft Touch Shadow Pencil and Larger Than Life Lip Gloss (both tote-sized), plus an express lip makeover worth100 words
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Advertisement452 2013-03-28 15 NEW RELEASE London’s Premier River View Apartments Exhibition launch Saturday 6th Sunday 7th April 11am 7pm FOR MORE INFORMATION THE REGENT SINGAPORE Boardroom II III Level 3 1 Cuscaden Road Singapore *****5 Please contact CEA Licence No. L*****36J CEA Licence No. L*****59I Linda Chern CEA Reg. No. R*****6A +65 8228452 words
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ECONOMY WATCH
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Article, Illustration659 2013-03-28 16 Sources say it may decide at policy meeting next week not to wait till 2014 Reuters [TOKYO] The Bank of Japan is likely to start open-ended asset purchases immediately rather than in 2014 and consider setting a new target to buy longer-dated bondsReuters; PHOTO: AP - 659 words
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417 2013-03-28 16 AFP [MADRID] Spain will sink deeper into recession this year, and the unemployment rate, which is already at a record 26 per cent, will rise further as it continues to feel the fallout of the collapse of a property bubble, the central bank saidAFP - 417 words
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315 2013-03-28 16 Reuters [LONDON] Europe’s financial crisis is costing lives, with suicides and infectious diseases on the rise, yet politicians are not addressing the problem, health experts said yesterday. Deep budget cuts and growing unemployment are tipping more people into depression, and falling incomesReuters - 315 words
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Page 16 Advertisements
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Advertisement90 2013-03-28 16 Every business is unique. Shouldn't financing solutions be too? f m v r A r No Fuss. Just Good Business. Understanding that no two companies are quite alike is key to providing the right financing plan to meet unique business needs. More and more businesses across the region are talking90 words
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Advertisement271 2013-03-28 16 AN ASME-LIANHE ZAOBAO AWARD Singapore Prestige Brand Award 13 An Inspiring Seminar to ignite Your grand Spirit Join the Winners of Singapore Prestige Brand Award and a team of branding experts as they share the secrets of brand development and overcoming challenges for glowing brand success. 12 April 2013 (Friday)271 words
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Page 17 Advertisements
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Advertisement30 2013-03-28 17 TUM IS NOW AT NGEE ANN CITY NGEE ANN CITY #03-05 Raffles City The Shoppes at Marina Bay Sands Luxury Fashion at Resorts World Sentosa™ Changi Airport Tl iruivii VALIRAM30 words
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Page 18 Advertisements
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Advertisement454 2013-03-28 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ORION PRIME LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****9583K) NOTICE OF MEMBERS’ VOLUNTARY LIQUIDATION The following resolutions were unanimously resolved at the Extraordinary General Meeting of Members of the above Company on 22 March 2013:454 words
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Advertisement454 2013-03-28 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SUNSHINE ASSETS LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****4006K) NOTICE OF MEMBERS’ VOLUNTARY LIQUIDATION The following resolutions were unanimously resolved at the Extraordinary General Meeting of Members of the above Company on 22 March 2013:454 words
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Advertisement2534 2013-03-28 18 KATS NOTICES CANADIAN IMPERIAL BANK OF COMMERCE 2012 Consolidated Financial Statements (in millions of Canadian dollars) CONSOLIDATED STATEMENT OF INCOME millions, except as noted, for the year ended October 31 2012 2011 Interest income Loans 10,020 10,184 Securities 1,690 1,421 Securities borrowed or purchased under resale agreements 323 365 Deposits2,534 words
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Advertisement17 2013-03-28 18 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CLA/AUG06/g CATS Recruit The first door to your world of opportunities17 words
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WORLD
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Article, Illustration414 2013-03-28 19 Fitch cites political, economic reforms as some of the main reasons for upgrade AFP [MANILA] The Philippines won its first invest-ment-grade credit rating yesterday in a move President Benigno Aquino hailed as proof his country was no longer Asia’s economic backwater. Fitch RatingsAFP - 414 words
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Article526 2013-03-28 19 Bank seen as a way of gaining influence on the world stage AFP [DURBAN, South Africa] Leaders from the BRICS group of emerging powers yesterday failed to launch a much-anticipated new development bank to rival Western-dominated institutions like the World Bank. After holding talks inAFP - 526 words
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Article278 2013-03-28 19 AP [LONDON] Britain’s financial services regulator has fined insurer Prudential plc £30 million (S$56.4 million) and censured its chief executive, over the company’s handling of a failed bid to acquire the Asian subsidiary of American International Group in 2010. The fine from the Financial ServicesAP - 278 words
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Article, Illustration573 2013-03-28 20 Bank of Cyprus CEO dismissed by Central Bank; chairman quit earlier AP Reuters [NICOSIA, Cyprus] Cyprus is to impose a ban on cashing cheques and limit the amount of cash that can be taken out of the country under a series of measures toAP; Reuters; PHOTO: AP - 573 words
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314 2013-03-28 20 LATEST US DATA Bloomberg [WASHINGTON] Fewer Americans signed contracts to purchase previously owned homes in February as limited inventory and access to credit held back a more robust recovery in housing. The index of pending home sales fell 0.4 per centBloomberg - 314 words
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797 2013-03-28 20 Move will indicate the bank’s worst troubles are over Reuters [NEW YORK] Citigroup Inc is considering cutting its cash on hand by about US$35 billion, which should help the bank buy higher yielding assets or redeem expensive debt to boost earnings. MakingReuters - 797 words
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265 2013-03-28 20 AFP [FRANKFURT] International ratings agency Standard and Poor’s put Deutsche Bank’s long-term credit rating on negative watch yesterday after the bank’s 2012 earnings were hit by writedowns and legal costs. S&P said in a statement it has placed Deutsche Bank’s “A+” long-term rating on “CreditWatchAFP - 265 words
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632 2013-03-28 24 Rate to be compiled directly using prices from brokers and electronic markets Bloomb erg [SYDNEY] Australia plans to disband the panel that sets its benchmark interbank borrowing rate as international lenders withdraw in the wake of a global rate-rigging scandal. TheBloomberg - 632 words
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Article, Illustration563 2013-03-28 24 Its govt rejects assessments tying size of banking sector to a country’s GDP AFP [LUXEMBOURG] Luxembourg railed yesterday against what it fears is a new eurozone position that oversized finance sectors must be scaled back in line with national economic output followingAFP; PHOTO: REUTERS - 563 words
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318 2013-03-28 26 It falls to lowest level since 2008 on job security concerns Bloomberg [SYDNEY]Australian homebuyer confidence fell to the lowest level since 2008 as concerns about job security outweighed historically low interest rates and improved affordability, according to Genworth Financial Inc. The bi-annual Genworth Homebuyer Confidence IndexBloomberg - 318 words
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Article, Illustration1074 2013-03-28 26 At least 8 agencies investigating bank over disclosures, trading losses, errors NYT [NEW YORK] As the nation’s strongest bank, JPMorgan Chase used to be known for carrying special sway with regulators. Now it increasingly finds itself in the cross hairs of federal authorities. AtNYT; PHOTO: AP - 1,074 words
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393 2013-03-28 26 Bloomberg [SAN FRANCISCO] Walmart Stores Inc, the world’s largest retailer, is trying out new delivery methods and adding to its mobile technology to improve Web-based shopping and step up its challenge to Amazon.com Inc. Walmart is testing lockers that let customers order items onlineBloomberg - 393 words
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Article, Illustration761 2013-03-28 29 Residents at Manila landfill get free electricity in waste-to-energy project AFP [MANILA] Teresita Mabignay does her ironing using free electricity from a garbage dump, an unlikely beneficiary of efforts to turn the Philippines’ growing rubbish problems into a clean-energy windfall. Ms Mabignay lives at theAFP; PHOTOS: AFP - 761 words
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Article, Illustration826 2013-03-28 30 Govt aims to curb regulatory uncertainty as FDI falls 17% last year Reuters [MELBOURNE] Mongolia is starting to take steps aimed at arresting a slide in investment in its crucial mining sector, looking to curb uncertainty over regulations that has been blamedReuters; PHOTO: BLOOMBERG - 826 words
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496 2013-03-28 30 Buyers seek other sources as drought slashes US supplies Reu ters [BUENOS AIRES] The first shipment of Argentine corn to the United States this year is on its way with more to follow, marking an increase in orders from the LatinReuters - 496 words
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Article, Illustration398 2013-03-28 32 Call by Bank of England’s financial policy panel boosts banking stocks Reuters [LONDON] Britain’s banks must raise £25 billion (S$47 billion) in extra capital by December to absorb possible future losses and sustain lending, the Bank of England’s Financial Policy CommitteeReuters; PHOTO: REUTERS - 398 words
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544 2013-03-28 32 Companies may have to pay up to 36% more by 2020: study Bloomberg [LONDON] UK measures to curb carbon emissions may raise power and gas bills for the biggest corporate consumers by as much as 36 per cent by 2020, the DepartmentBloomberg - 544 words
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Page 19 Advertisements
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Advertisement121 2013-03-28 19 The finest corporate gift premium industry players under one-roof Gifts Premiums Fair 2 0 13 9. 10-12 JULY 2013 MARINA BAY SANDS SINGAPORE www.SGPFair.com Organised By: BIZLINK Exhibition Services Pte Ltd A SUBSIDIARY OF SjSl Blk 8 Lorong Bakar Batu, #07-07 Singapore *****3 Tel: (65) 6848 5938 Fax: (65) 6848121 words
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Advertisement204 2013-03-28 19 A seamless travel experience c^FireFUj with Firefly cS SlnilE CONVENIENT CITY AIRPORT Fly directly into Kuala Lumpur's city airport when you fly with us! Avoid the additional expense and unpredictability when travelling to KLIA. Firefly flies out of Skypark Terminal at Sultan Abdul Aziz Shah (SAAS) Airport, Subang, just minutes204 words
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Advertisement593 2013-03-28 19 NutritionPark.com Longest Warranty! Lowest Prices! PLATINUM SERIES (5LBS) CONTROLLED LABS GREEN MAGNITUDE ■vAOTI Z$58 25g of protein, 6g of BCAA, 2g of carbs per serving. 80 servings per tub. bb 4105 CONTROLLED LABS PURPLE WRAATH 2.39LBS) fifeHMUP $220 tgS $89.90 Fast acting EAA BCAA formula to keep your body in593 words
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Advertisement54 2013-03-28 20 COE results are out. Regardless the results, you can still choose your ideal new or used car at STCars.sg! Browse our listings today! STCars.SG -Available on the STCarsSG AppStore Google play Buy. Sell or Rent. At STCars.sg. your ideal car isn't hard to find. A product of SPH. Singapore’s Trusted54 words
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Advertisement41 2013-03-28 20 tablat THE '■■ii it.fr EAT OF THE INDIAN COMMUNITY LIFE AFTER MARRIAGE Vidya Balan on her parents, husband and cooking Widow works and saves for 47 years to build hospital GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST41 words
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Advertisement55 2013-03-28 20 HOT PROPERTY m m fl Ret 4 T bd?m R p K Easf c °ast CH,J Kafonq to Kciju i.ZTr~ p Si”*fS New re no. $6.xK J Pk 3 car PROPERTIES IN THE EAST Check this and many other properties in CATS Classified in The Straits Times now! WATS BUY55 words
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Page 21 Advertisements
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Advertisement4507 2013-03-28 21 Keppel Corporation Limited Co Reg No: *****0351N (Incorporated in the Republic of Singapore) Notice of Annual General Meeting and Closure of Books NOTICE IS HEREBY GIVEN that the 45th Annual General Meeting of the Company will be held at Raffles City Convention Centre, Stamford Ballroom (Level 4), 80 Bras Basah4,507 words
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Advertisement1169 2013-03-28 22 / 23 All Eyes Are On ADVERTISING FEATURE Lantau Island Hong Kong's Best-Kept Secret As a world-class MICE star, Hong Kong shines in the areas of business support infrastructure, top-notch airports, and vibrant entertainment and recreational possibilities. And that’s just the tip of the ice-berg. For corporations and associations that are constantly1,169 words
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Advertisement1931 2013-03-28 24 JASON PARQUET HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****9167Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Jason Parquet Holdings Limited (the “Company”) will be held at 16 Tampines Street 92, JP Building, Singapore *****3 on Friday 121,931 words
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Advertisement4217 2013-03-28 25 Keppel Land Limited (Incorporated in Singapore) (Co. Reg. No.: *****0001G) (4) the Directors of the Company and/or any of them be and are/is hereby authorised to complete and do all such acts and things (including, without limitation, executing all such documents as may be required) as they and/or he may4,217 words
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Advertisement1831 2013-03-28 26 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ASIAMEDIC LIMITED (Company Registration No: *****1556E) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of AsiaMedic Limited (the “Company") will be held at 350 Orchard Road, #08-00 Shaw House, Singapore1,831 words
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Advertisement2713 2013-03-28 27 Ill IETII HG METAL MANUFACTURING LIMITED Company Registration No. *****2660D (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of HG Metal Manufacturing Limited ("the Company") will be held at Orchid Room, 15 Jurong Port Road, Singapore *****9 on2,713 words
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Advertisement2097 2013-03-28 27 sembcorp SEMBCORP INDUSTRIES LTD Co Regn No. *****2418D (Incorporated in the Republic of Singapore) NOTICE OF FIFTEENTH ANNUAL GENERAL MEETING Notice is hereby given that the Fifteenth Annual General Meeting of Sembcorp Industries Ltd (the “Company”) will be held at the Multifunction Room, Sembcorp Industries Ltd, Level 1, 30 Hill2,097 words
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Advertisement2570 2013-03-28 28 8? WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices NEPTUNE ORIENT LINES LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: *****0632D NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 44th Annual General Meeting of Neptune Orient Lines Limited (the “Company”) will be held on Thursday,2,570 words
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Advertisement1586 2013-03-28 28 CHALLENGER TECHNOLOGIES LIMITED (Incorporated in the Republic of Singapore) Company Registration No: *****0182K NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHALLENGER TECHNOLOGIES LIMITED will be held at 1 Ubi Link, Challenger TecHub, Singapore *****3 on Monday, 15 April 2013 at 10.00 a.m. for the following purposes:AS ORDINARY1,586 words
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Advertisement141 2013-03-28 28 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF SYONAN MARINE SERVICES PTE. LTD. (In Members’ Voluntary Liquidation) Reg No. *****3429K NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the141 words
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Advertisement183 2013-03-28 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ZENOPENWORKS PTE. LTD. Company registration no. *****0306G (In Members’ Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of the Members183 words
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Advertisement3078 2013-03-28 29 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg notices NOTICE OF ANNUAL GENERAL MEETING FAR EAST HOSPITALITY TRUST A stapled group comprising: FAR EAST HOSPITALITY REAL ESTATE INVESTMENT TRUST (a real estate investment trust constituted on 1 August 2012 under the laws of the Republic of Singapore) managed by FEO3,078 words
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Advertisement1468 2013-03-28 30 >;ato notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices COMFORTDELGRO CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Co. Reg. No.: *****0002K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of the Company will be held at the Auditorium, ComfortDelGro Headquarters, 205 Braddell Road,1,468 words
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Advertisement316 2013-03-28 30 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AGGERSBORG (SINGAPORE) PTE. LTD. (COMPANY NO: *****1353W) (IN MEMBERS’ VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of AGGERSBORG (SINGAPORE) PTE. LTD. signed by the Representative of the Holding Company pursuant to Section316 words
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Advertisement1643 2013-03-28 31 *AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices MEGACHEM LIMITED (Company Registration No. *****3293M) (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 11 Tuas Link 1, Singapore *****8 on Monday 151,643 words
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Advertisement2927 2013-03-28 31 \^Vallianz VALLIANZ HOLDINGS LIMITED (Company Registration No. *****6945E) (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 12 International Business Park, #03-02 Swiber@IBP, Singapore *****0 on Monday, 15th day of April 20132,927 words
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Page 32 Advertisements
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Advertisement1185 2013-03-28 32 beats notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices JUNMA TYRE CORD COMPANY LIMITED (Incorporated in the People’s Republic of China) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Junma Tyre Cord Company Limited (the “Company”) will be held at 47 Hill Street #02-001,185 words
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Advertisement1501 2013-03-28 32 r COURAGE MARINE GROUP LIMITED (Incorporated in Bermuda with limited liability) (Hong Kong Stock Code: 1145) (Singapore Stock Code: E91.SI) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the annual general meeting (“Annual General Meeting”) of the Company will be held at Pines Room, Upper level, The Pines,1,501 words
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AVIATION/SHIPPING
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444 2013-03-28 33 LEE MEIXIAN - New aircraft deliveries, strong order book power profitability By LEE MEIXIAN [SINGAPORE] New plane deliveries and a strong order pipeline drove BOC Aviation’s net profit up 12 per cent to an all-time high of US$225 million in its latest fiscal year ended444 words
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330 2013-03-28 33 AP [PROVIDENCIALES, Turks Caicos Islands] The tourist board in the Turks Caicos Islands has announced that the cruise terminal on Grand Turk has been temporarily closed. Cruise lines started cancelling port calls to Grand Turk on March 11 after passengers suffered from symptoms ofAP - 330 words
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Article, Illustration749 2013-03-28 33 FAA may cut 787’s permitted flying time on some routes Reuters [TOKYO] As Boeing works to regain permission for its 787 Dreamliner to resume flights, the company faces what could be a costly new challenge: a temporary ban on some of the long-dis-tance, trans-oceanReuters; PHOTO: REUTERS - 749 words
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Article, Illustration536 2013-03-28 33 AP [DRAPETSONA, Greece] In rain and shrieking wind, the ferry strains at its ropes, the gangplank creaking and scraping against the pier. A sailor on night watch duty huddles over a portable heater at the entrance to the cavernous hull. For seven months,AP; PHOTO: REUTERS - 536 words
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Article245 2013-03-28 33 SGX '000 Mar 27 S$ +/-Vol CH Offshore 0.48 unch 82 Chuan Hup Hldg 0.27 unch 420 Cosco Corp 0.92 unch 4266 s$ Ezra Hldgs 1.16 0.01 9459 First Ship Lea 0.12 unch 93 Freight Links 0 48 Grand Banks.............unch unch 0 Jaya Hold Ltd Chuan Hup Hldg245 words
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Page 33 Advertisements
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Advertisement38 2013-03-28 33 HUT fM W- 3 u with THE SOSpr 29 March 2013,8:00PM, Singapore Indoor Stadium Tune in to HOT FM91.3 or log on to www.hotfm.sg for more details! Midas Promotions www.midaspromotions.com r WWW.HOTFM.SG I D FACEBOOK.COM/HOTFMSG I 3* HOTFMSG38 words
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Page 33 Miscellaneous
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Miscellaneous343 2013-03-28 33 CRYPTIC CROSSWORD Across 1 Next door to busy person, actor James staying in (6) 4 After service sister is full of love, such is music (4,4) 9 This person is about to enter academic field (6) 10 Suggesting little devil’s telling stories (8) 11 Plant wolf maybe knocked over jumping343 words
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EDITORIAL & OPINION
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498 2013-03-28 34 EDITORIAL EVEN as the government mulls over the idea of offering free travel on the MRT before the usual morning peak hour, the merits of such a move are being debated. Is it a practical solution, or would it create a498 words
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Article, Illustration808 2013-03-28 34 FRANK CHING - THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 NEW Chinese leader Xi Jinping is currently on his first overseas trip as president, visiting Russia as well as808 words
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Article, Illustration928 2013-03-28 34 JOMO KWAME SUNDARAM - Claims that anti-poverty policies have succeeded need closer examination By JOMO KWAME SUNDARAM The writer is assistant director general at the Economic and Social Development Department of the United Nations Food and Agriculture Organisation in Rome Project Syndicate GLOBAL leaders have touted the apparentProject Syndicate; PHOTO: REUTERS - 928 words
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Article, Illustration1062 2013-03-28 35 NG YEW-KWANG - Republic’s open-market policy has served it for half a century and brought down jobless rate By NG YEW-KWANG The writer is Winsemius Professor in Economics, Nanyang Technological University IN recent months, not only many people have proposed various curbs on the employment of foreigners,PHOTO: REUTERS - 1,062 words
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Article, Illustration973 2013-03-28 35 ERIC LASCELLES - By ERIC LASCELLES The writer is chief economist at RBC Global Asset Management SINGAPORE has suffered through a rare stretch of sluggish economic growth, stemming mainly from gummed-up foreign demand for its manufacturing exports. The modest growth that has remained is thanks in notable part toPHOTO: YEN MENG JIIN - 973 words
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Article1498 2013-03-28 36 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/New1,498 words
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Page 36 Advertisements
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Advertisement82 2013-03-28 36 Shipping lines seeking reliable logistics partners TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? M The Business Times Shipping Times PLACE YOUR AD HERE The Business Times Shipping times CALL JOE WONG AT 9620 1327 PLACE YOUR AD HERE The Business82 words
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SINGAPORE STOCKS
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Article3272 2013-03-28 37 Transaction date: Mar 27 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 1643,272 words
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Article221 2013-03-28 38 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale 4.6 1.3 t Advanced System 1.9 unch 300 1.9 1.9 1.8 1.9 30.2 Vol ('000) Day High Last Quote Low Buyer221 words
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Article10625 2013-03-28 38 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FundCl A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.12/ Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Asian Local (icy SD Bond 1.0019/ EM local Ccy Bond .0 9986/ European Opportunities'** 1 1495/ Global10,625 words
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Article249 2013-03-28 38 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 46.5 30 Genting HK US$ US45.5 +1.5 ***** 45.5 44 45 45.5 2996 Last 260 181 TanChongInt HK255cd +5 114 255 250 250 255 4.3 2.7249 words
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Article936 2013-03-28 38 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 118.5 3 118.5 118.5 118 118.5 540.9 136.8 120.4 CIMB APAC Div 100S$D 136.1 137.3 138.2 111.7 95.8 CIMB APAC936 words
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FINANCE & COMMODITIES
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Article623 2013-03-28 39 Mar 27 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.58 *****.26 *****.39 Jun13 *****.00 *****.00 *****.00 *****.00 *****8 *****9 Sep13 *****.00 *****.00 *****.00 *****.00 21 1546 MSCI TAIWAN INDEX FUTURES SPOT 282.36 283.71 281.83 Mar13 281.10 283.40 280.50 282.80 *****2 ***** Apr13 280.70623 words
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373 2013-03-28 39 In local curr In S$ In US$ dy yr dy yr dy yr Mar 26 Index Change Change Change Change Change Change World Preliminary 1021.6 0.2 8.9 -0.1 8.5 0.2 6.8 EAFE Preliminary 845.3 -0.1 9.1 -0.4 6.3 -0.1 4.6 Europe Preliminary 1220.9 0.1 6.4373 words
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Article471 2013-03-28 39 Mar 27 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.065 6.504 0.816 8.126 56.823 101.758 0.992 11.640 3.247 1.249 102.983 42.716 1.302 9.726 0.996 31.301 30.634 0.691 1.047 Canada 0.939 6.110471 words
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Article66 2013-03-28 39 Mar 27 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid66 words
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Article134 2013-03-28 39 Mar 27 GOLD(US$/oz) Mar 26 Mar 27 Hong Kong 1609.00 1602.00 Mar 25 Mar 26 London 1602.94 1598.96 1603.78 1599.73 Source: Thomson Reuters CAST BAR Mar 27 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 143 64 5gm 406 318 10gm 726 637134 words
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Article90 2013-03-28 39 Mar 27 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 27-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-13 100.02 5-Year N*****0T 2.375 01-Apr-17 99.6790 words
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Article58 2013-03-28 39 Mar 27 Mar KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 13 2395.0 2405.0 2415.0 2395.0 207 1649 May 13 2435.0 2427.0 2455.0 2424.0 3947 ***** Jun 13 2445.0 2437.0 2467.0 2430.0 ***** ***** Jul 13 2445.058 words
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Article155 2013-03-28 39 Mar 27 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3019 1.3024 1.0468 1.0471 Canadian dollar 1.2230 1.2232 0.9835 0.9834 Euro 1.5949 1.5953 1.2824 1.2826 NZ dollar 1.0421 1.0424 0.8379 0.8381 Sterling pound 1.8835 1.8842 1.5144 1.5149155 words
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Article121 2013-03-28 39 As at 9am Mar 27 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.330 1.267 Can dollar 1.249 1.190 Euro 1.634 1.557 Sterling pound 1.917 1.844 NZ dollar 1.076 1.016 US dollar 1.266 1.206 Local dollars to 100 units of foreign121 words
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Article157 2013-03-28 39 Mar 27 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.60 0.40 9 months 0.75 0.55 12157 words
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1028 2013-03-28 39 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 650 5.00 14 AlliedTech W*****2 Ratio Asiatravel.com HoldingsW*****7 3 1 25 16 Asiatravel.com HoldingsW*****5 3.3 1 27 40 BakerTech W*****5 16.7 -0.2 735 1 271,028 words
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Article107 2013-03-28 39 Mar 26 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 13 1447.75 1437.25 1449.50 1434.00 Jul 13 1426.50 1417.50 1428.00 1413.50 Aug 13 1382.25 1372.50 1383.00 1369.25 Sep 13 1312.00 1302.75 1313.25 1302.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 13 50.82107 words
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Article80 2013-03-28 39 Mar 26 COCOA (£/tonne) Close Prev High/Low May 13 1447 1435 1459/1435 Jul 13 1460 1448 1471/1449 Sep 13 1469 1458 1480/1458 Dec 13 1471 1460 1482/1460 COFFEE(US$/tonne) Close Prev High/Low Mar 13 2057 2074 2065/2065 May 13 2090 2118 2117/2088 Jul 13 2102 2123 2122/2098 Sep 13 210780 words
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Article70 2013-03-28 39 CRUDE OIL PRODUCTS Mar 26 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.29 0.49 WTI (Near Mth) 96.27 1.71 Dubai (1-Mth F) 105.27 0.23 Tapis blend 112.87 -0.22 Minas 107.87 -0.22 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 101 -0.67 Jet Kerosene 120.36 -0.04 US$/barrel OpecOil Basket70 words
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Article23 2013-03-28 39 Mar 27 S$ S$ Bid Offer 1-month 1.2437 1.2438 2-months 1.2436 1.2438 3-months 1.2436 1.2438 6-months 1.2432 1.2443 Source: OCBC23 words
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Article65 2013-03-28 39 Mar 26 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1875.25 1895.50 3 months 1910.00 1929.00 Copper, Grade A(US$/tonne) Cash 7592.75 7586.00 3 months 7625.00 7620.00 Lead(US$/tonne) Cash 2105.25 2156.50 3 months 2130.50 2181.00 Nickel (US$/tonne) Cash *****.50 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months65 words
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PROPERTY
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1192 2013-03-28 40 To prove his point, bank chairman buys an apartment in the capital Stockholm Bloomberg [STOCKHOLM] The chairman of Scandinavia’s biggest bank is putting his money where his mouth is. Bjoern Wahlroos of Nordea Bank AB says there’s no housing bubble in Sweden. So heBloomberg - 1,192 words
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Article, Illustration938 2013-03-28 40 NYT [ORTLEY BEACH, New Jersey] In a typical summer, Terriann and Joseph LoVerde’s rental here makes for a listing a real estate broker called a real moneymaker. A block from the beach! Walk to town! Two units and a cottage in backNYT; PHOTO: AP - 938 words
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Article525 2013-03-28 40 PROPERTY TRANSACTIONS FOR DISTRICTS 2 TO 28 WITH CONTRACT DATES BETWEEN FEB 27 AND MARCH 5, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 2 NON-LANDED Spottiswoode Park Apt 27/02/2013 85 1270 965 760 District 3 NON-LANDED Echelon525 words
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Article, Illustration341 2013-03-28 41 Zoned for 2-storey bungalow, site has potential to be redeveloped A FREEHOLD bungalow in Meyer Road has been put on the market, with a price expectation exceeding $35 million or $1,371 per square foot based on its land area of 25,525 sq ft.341 words
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310 2013-03-28 41 AFP [BERLIN] A property developer yesterday removed more of the Berlin Wall, police said, in a surprise dawn move amid a bitter running protest over the dismantling of the once-detested Cold War division. Four segments were removed from around 5AFP - 310 words
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Article, Illustration337 2013-03-28 41 NATHANIEL CHEW - $13.8m expected for 999-year site, zoned for commercial use By NATHANIEL CHEW CBRE has put a newly restored shophouse in the Central Business District up for sale by expression of interest. The three-storey property at 81 South Bridge Road, near the junction with North337 words
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Article, Illustration996 2013-03-28 42 Energy-related job growth is the main draw for overseas capital to Texas city WP INTERNATIONAL real estate investors are falling in love with Houston, a fastexpanding energy hub that’s luring buyers from Toronto to Tel Aviv seeking properties with lower costs andWP; PHOTO: BLOOMBERG - 996 words
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Article, Illustration746 2013-03-28 43 Cheung Kong profit down 30% for 2012 on lower sales Bloomberg [HONG KONG] Li Ka-shing, Asia’s richest man, backed recent measures by the Hong Kong government to curb an “unhealthy” surge in property prices that’s turned the city into theBloomberg - 746 words
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237 2013-03-28 43 Bloomberg [TOKYO] LaSalle Investment Management, with about US$48 billion in property assets, plans to sell a portfolio of warehouses in Japan, according to four people familiar with the matter. The portfolio consists of nine storage buildings that at least one potential bidderBloomberg - 237 words
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486 2013-03-28 43 ONG CHOR HAO - By ONG CHOR HAO OFFICE demand remained healthy in the first quarter of the year as rents stayed competitive, data from property consultancies showed yesterday. CBRE said vacancy rates for Singapore offices fell 0.7 percentage points to 5.1 per cent, from 5.8486 words
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Advertisement14 2013-03-28 40 arch.savills.asia China Hong Kong ‘Singapore ‘Taiwan ‘Thailand ‘Vietnam Agency no. Lsoogesse a savills m-jwsEaiJiif14 words
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Advertisement199 2013-03-28 41 !t* r ’■r II I 1 T I i n' London Property Owners London rental experts host investor seminar, Friday 5th April 2013 Also private appointments available on the 6th and 7th April Seminar Topics: i, m > An/to Mehra MD and Lynne Geeves Manager of our Singapore Operations Post199 words
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Advertisement211 2013-03-28 41 OFFICE BUILDING FOR SALE BLOCK C, OASIS ARA DAMANSARA PETAL!NG JAVA, SELANGOR, MALAYSIA. S' s S 'is ''is r fC "S f 15 tit 1* g m r r gsr m tts; III m tl #/w Hi ra\ 3 3 a Located in the jewel of Petaling Jaya Utara, Oasis211 words
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Advertisement197 2013-03-28 42 SPICEBRIDGE Connecting Foreign Buyers to Luxury Properties with Knowledge, Integrity Reliability REAL ESTATE SINGAPORE NEW YORK NEW YORK BOSTON THE HAMPTONS RESORTS WWW.SPICEBRIDGE.COM BENEFIT FROM OUR EXPERTISE ON MANHATTAN PROPERTY INVESTMENT Manhattan Market Comparative Performance Neighbourhoods, Relative Values and Yields Common Charges and Property Taxes Transaction Costs for Buyer and197 words
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Advertisement91 2013-03-28 42 81 SOUTH BRIDGE ROAD Newly Restored 3-Storey Shophouse With Mezzanine Roof Terrace lii Contact: Investment Properties Sammi Urn (CEA Reg No: R*****9J) Tel: 9368 9803 6 Battery Road, #32-01, Singapore *****1 999-year land tenure Site Area: Approx 1,316 sq ft Gross Floor Area: Approx. 5,656 sq ft Commercial. Foreigners eligible91 words
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Advertisement40 2013-03-28 43 PAYA UBI INDUSTRIAL PARK TERRACE FACTORIES LEASE SALE 200 to 7,500 sq ft Free parking and with toilet Own parking space (not inclusive in listed area) $1.90 psf $330 psf onwards Tel: 9090 2222 Office: 53 Ubi Avenue 1 #01-1140 words
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Advertisement190 2013-03-28 43 PRIME RESIDENTIAL AT MEYER ROAD H Knight Frank i m. f. i k ”1 Freehold redevelopment land Land area 2,371.3 sqm, zoned 2-storey bungalows Rectangular level site with frontage of 30m approx. Easy access to city centre, urban amenities East Coast Park For enquiries, please call MARYSAI MEIN MEIN CEA190 words
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Advertisement194 2013-03-28 43 7th and 8th Floors at One Sims Lane t P BESSWAY (KPE) ALJUNIED FLYOVER (PIE) o z ■i. VSIMS DR SUBJECT SITES* GEYLANG EAST CENTRAL ”■0 LANE z Strata floor area: 22,497 sq ft 26,242 sq ft (including accessory lots) Freehold Business 1 use 5 minutes walk to Aljunied MRT194 words
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Advertisement221 2013-03-28 43 Jones Lang LaSalle Real value in a changing world Commercial Bldg/Site in Bugis PRIME SHOPS OFFICE SPACE OFF ORCHARD ROAD FOR SALE Extremely rare opportunity to acquire either half floor or whole floor of commercial space just off Orchard Road Prominent location with 3 road frontages Situated opposite Dhoby Ghaut221 words
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Advertisement188 2013-03-28 44 gSw 9 m m 'St' -tH W. :<>vw,^ a v# -v*^#. 9 S*tS 5K° '"wKWvjw 13 /O I LhafsivoiH Vd 11 li*** iw (W ®«i |i gj RWhuk KTOS V^.» f/ ''~fc t' /II i m. a SK m Gl “W ii 5S1 ss #M«lM v\% swi •r•S > w'f188 words
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