The Business Times, 30 March 2013
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2013-03-30
1
20
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section20 2013-03-30 1 weekend THE BUSINESS TIMES www. usinesstimes.com. g MARCH 30-31, 2013 S$1.00 MICA (P) 075/08/2012 sph A SINGAPORE PRESS HOLDINGS PUBLICATION20 words
-
Article25 2013-03-30 1 PROPERTY AUCTIONS THE property auctions market jumped back to life in the first quarter following a sleepy 2012, says Colliers International. 225 words
-
Article39 2013-03-30 1 PRIVATE EQUITY CHINA is teeming with potential private equity deals no matter what the IPO market is like, says Singaporean Yong Kwek Ping, who runs funds in China amounting to $5.3 billion under management. 439 words
-
Article32 2013-03-30 1 ECO-CITY SOLAR panels, extra large cycling lanes, and a garbage system that automatically pumps rubbish and runs it through underground pipes. Tianjin Eco-city is coming up.| 632 words
-
40 2013-03-30 1 CYPRUS PRESIDENT Nicos Anastasiades yesterday vowed Cyprus would stay in the eurozone despite the harsh terms of a EU-led bailout, as the island’s banks resumed normal trading for the first time in two weeks. 1740 words
-
1046 2013-03-30 1 Cai Haoxiang - Investors going to countries where growth is going up and monetary policy remains loose By Cai Haoxiang haoxiang@sph.com.sg Singapore ARISING tide is not lifting all stock markets, and the difference is starkest between developed and emerging economies. Equity indices in the world’s1,046 words
-
1249 2013-03-30 1 Benjamin Aw - Despite global uncertainty, young people increasingly see opportunity in industry as global financial crisis recedes By Benjamin Aw benaw@sph.com.sg Singapore SINGAPORE’S autonomous universities could add almost 20 per cent more to Raffles Place lunch crowds by 2016 than they do today, based1,249 words
-
Page 1 Advertisements
-
Advertisement9 2013-03-30 1 Vf 5 a i LIVING Reinventing the meal L2-59 words
-
Advertisement22 2013-03-30 1 SMART MONEY Investing in 'second-hand' insurance policies 26-27 MOTORING The new Lexus IS1250 L18 the raffles conversation ACCENTURE CHAIRMAN PIERRE NANTERME 10-1122 words
-
-
TOP STORIES
-
MARKETS
-
Article53 2013-03-30 2 HSTI(Thursday’s close) 3,308.10 (-4.93) HSTI FUTURES 3,290.00 (-23.00) HSIMSCI 375.08 (-0.65) HSIMSCI FUTURES 372.80 (-3.00) Friday Change KL COMP 1,671.63 -2.41 NIKKEI 225 12,397.91 +61.95 HANG SENG Closed SET 1,561.06 +16.49 JAKARTA Closed MANILA Closed KOSPI 2,004.89 +11.37 SHENZHEN B 791.26 -1.57 MUMBAI IND Closed 12am EST Change DOW53 words
-
Article29 2013-03-30 2 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 13.276 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.50 INDIA 14.45 Source: Bloomberg29 words
-
Article49 2013-03-30 2 (Thursday’s close)US$ S$ US$ (S$ per US$) 1.242 (US$/S$ per 1.516 1.883 EURO(US$/S$/€ 1.280 1.589 Foreign currency per US$ S$ YEN 94.20 75.90 RM 3.097 2.494 HK$ 7.763 6.252 BAHT 29.28 23.58 RUPIAH 9,716 7,825 RENMINBI 6.214 5.004 INDIAN RUPEE 54.35 43.77 A$ 0.959 0.772 NZ$ 1.194 0.96149 words
-
-
659 2013-03-30 2 Felda Chay - Total sales value so far this year higher than all of 2012 By Felda Chay fe|dac@sph.com.sg Singapore THE property auctions market jumped back to life in the first quarter following a sleepy 2012, with total sales value in the first three months alone exceeding that659 words
-
Article, Illustration1070 2013-03-30 4 Cai Haoxiang - Slow market perception due to focus on pre-IPO space, says S’porean PE pioneer Reports by Cai Haoxiang haoxiang@sph.com.sg Singapore CHINA is still teeming with potential private equity deals no matter what the initial public offering (IPO) market is like, says Singaporean Yong Kwek Ping,PHOTO: ARTHUR LEE - 1,070 words
-
322 2013-03-30 4 SINGAPORE has the potential to become a private equity hub for less well-known funds active in the United States or Europe, says Yong Kwek Ping, a Singaporean private equity (PE) pioneer in China. Attracting them to set up offices here can create322 words
-
Article, Illustration1097 2013-03-30 6 Virginie Mangin - But the jury is still out on whether its small model will be scaleable and help alleviate China’s urbanisation woes By Virginie Mangin btworld@sph.com.sg Beijing JUST over six years ago, the 30 square kilometres of land earmarked for Tianjin’s Eco-city was aFILE PHOTO - 1,097 words
-
467 2013-03-30 7 Index takes a leaf from DJIA, which keeps up the pace Reuters New York THREE weeks after the Dow Jones Industrial Average soared past its historical high reached in 2007, the broader-based S&P 500 index also set a record closing high, finishing aReuters - 467 words
-
668 2013-03-30 8 Encouraging figures indicative of economic growth in first quarter LATEST US DATA Reuters Washington US consumer spending rose in February and income rebounded, further signs that economic activity accelerated in the first quarter, even though part of the increase in consumption reflected higher petrol prices.Reuters - 668 words
-
Article, Illustration445 2013-03-30 8 Reuters Seoul IN a marked escalation of tensions on the Korean peninsula, Pyongyang yesterday put its missile units on standby to attack US military bases in South Korea and the Pacific. The latest sabre-rattling by North Korea comes after the USReuters; PHOTO: AP - 445 words
-
-
Page 2 Advertisements
-
Advertisement93 2013-03-30 2 CONTENTS NEWS Top Stories 2-8 Week in Review 9 LIVING Dining L2-8 Style L9 Design L10-11 Raffles Conversation 10-11 Companies 12 Singapore 13 From the Desk of 14 World 16-20 Stocks Stats 21 Perspective 22-23 Wealth 24-31 Smart Money 26-27 Show Me The Money 29 Real Estate 30-31 Home Garden93 words
-
-
Page 3 Advertisements
-
Advertisement251 2013-03-30 3 LEAD WITH IMRACT Executing Strategy in Complex Times ARE YOUR LE ADERS READY? In a volatile global market, translating strategy into effective execution requires leadership agility. Leaders need to create alignment and build commitment to effectively execute strategy, Complex challenges require leaders to collaborate across boundaries to gain critical perspectives,251 words
-
-
Page 5 Advertisements
-
Advertisement262 2013-03-30 5 “Leadership and Learning are Indispensable to Each Other” John F. Kennedy Leadership at the Peak Being a leader at the top is a continuing journey of learning to keep pushing the boundaries to seek new heights, Leadership at the Peak is designed exclusively for C-level and senior executives in the262 words
-
-
Page 7 Miscellaneous
-
Miscellaneous58 2013-03-30 7 SINGAPORE -SWEEP1 ST PRIZE $2,200,000 2 nd PRIZE $500,000 3» PRIZE $250,000 SNOWBALLED E JO $1,300,000 w f SINGAPORE m Draw No. 04/2013 *9SB Draw Date: Wednesday. 3 Ap* JtmB: $35r 1|335Q94Q A DRAW ON WEDNESDAY, 3 APRIL 2013 p y'X Always play with care. responsibiyj Do not bet illegally.58 words
-
-
Page 8 Advertisements
-
Advertisement626 2013-03-30 8 jU«-AT3 NOTICES In The Matter of The Companies Act Cap. 50 And In The Matter of CALIBURN CAPITAL PARTNERS PTE. LTD. Company Registration No: *****4557E (Incorporated in the Republic of Singapore) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the Member of the abovenamed Company duly convened and626 words
-
-
WEEK IN REVIEW
-
THIS WEEK March 25-29, 2013
-
38 2013-03-30 9 WHILE the full impact of the latest property and car measures is yet to be seen, banks have begun to feel the pinch of regulatory action on new loan sales.38 words
-
42 2013-03-30 9 THE Singapore bond market has gotten off to a slow start this year following a blockbuster 2012; with volumes plunging 35 per cent in the first quarter as many companies had completed their refinancing last year.42 words
-
38 2013-03-30 9 THE euro and European stock and bond markets rallied after a last-minute rescue deal averted a potential Cypriot exit from the eurozone, a financial meltdown, massive devaluation and inflation.38 words
-
37 2013-03-30 9 BARCLAYS has sacked a senior private banker from its non-resident Indian team for alleged misuse of client money. The banker Jagdish Kale was dismissed by the British bank last month.37 words
-
42 2013-03-30 9 INFLATION surged to a high-er-than-expected 4.9 per cent in February, making economists more certain that the central bank will keep to its current stance of an appreciating Singapore dollar when it reviews policy in April.42 words
-
45 2013-03-30 9 INVESTMENT sales of property which refer to transactions of $10 million and above have fallen sharply this quarter from the high base in the preceding quarter, according to preliminary figures from CBRE and Savills provided separately to BT.45 words
-
30 2013-03-30 9 SINGAPORE’S economy may shrink in Q1, after manufacturing output fell a startling 16.6 per cent in February from a year ago.30 words
-
31 2013-03-30 9 PROFESSIONAL advisers must adequately justify their fees, the Court of Appeal said in a win for eSys Technologies against restructuring specialist Nicky Tan’s firm.31 words
-
37 2013-03-30 9 MALAYSIA’S economic transformation programme has been successful in boosting flagging private investments, but RHB Investment Bank has warned that the massive amounts invested in real estate could create a property glut.37 words
-
49 2013-03-30 9 THE government is moving to prevent a proliferation of small units at malls that may not serve their intended purpose and can cause disamenities, but said that this should not be read as an attempt to cool the strata retail market.49 words
-
63 2013-03-30 9 THE Jan 12 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 purchase63 words
-
Article, Illustration65 2013-03-30 9 IN the bidding exercise for certificates of entitlement required to register a car, Category A (for cars below 1,600cc) shed $10,480 to $64,209, while Cat B (for cars above 1,600cc) climbed $15,810 to $73,900. STEADY Premiums are not expected to rise but insteadFILE PHOTO - 65 words
-
39 2013-03-30 9 GIVEN lingering global economic uncertainty and local manpower constraints, the Singapore Tourism Board is sharpening its focus on quality tourism and pushing for a higher average daily spend by visitors.39 words
-
49 2013-03-30 9 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. BT understands that the prices achieved range from $2,000 per square foot to a whopping $10,879 psf.49 words
-
36 2013-03-30 9 STRONGER than expected growth in business loans boosted bank lending in February, and may signal better days ahead for the economy after bleak export and production data released earlier.36 words
-
32 2013-03-30 9 PRICES of completed private apartments and condos fell in February in contrast to January’s rise, according to flash estimate from the National University of Singapore.32 words
-
-
Article78 2013-03-30 9 US DATA April 1 ISM Index for March April 2 Factory orders for February April 3 ADP employment report for March April 5 March unemployment rate SINGAPORE DATA April 5 Advance URA Property Index for Q1 EVENTS April 2 Reserve Bank of Australia holds interest78 words
-
-
Page 9 Miscellaneous
-
Miscellaneous318 2013-03-30 9 Across 1 It’s simple, just put one’s hand out (4-3-4) 9 Bond fired at random, contrary to orders (9) 10 Practice for university man of learning (5) 11 Beast retiring with a broken toe (6) 12 Elevation above the peerage? (8) 13 Call again to say one’s piece (6) 15318 words
-
-
THE RAFFLES CONVERSATION
-
Article, Illustration2186 2013-03-30 10 / 11 Anna Teo - Pierre Nanterme, chairman and CEO of Accenture, heads a business without a physical HQ and whose leaders can operate anywhere virtually. By Anna Teo By Anna Teo anna@sph.com.sg AS chairman and CEO of a US$30 billion company, Accenture’s Pierre Nanterme no doubt wields clout and power. WhatPHOTO: YEN MENG JIIN - 2,186 words
-
-
COMPANY NEWS
-
Article, Illustration931 2013-03-30 12 Felda Chay - Group could become an early player in projects to develop floating LNG facilities, says CEO By Felda Chay feldac@sph.com.sg Singapore KEPPEL Corporation is making preparations to tap business opportunities that may arise from the US shale gas revolution, CEO Choo Chiau Beng hasFILE PHOTO - 931 words
-
464 2013-03-30 12 Felda Chay - By Felda Chay feldac@sph.com.sg Singapore TIANJIN Zhongxin Pharmaceutical Group saw net profit for FY2012 jump 61 per cent, as higher revenue and share of profit from its associates helped lift bottom line. Net profit for the 12 months ended Dec 31, 2012, rose464 words
-
-
SINGAPORE NEWS
-
361 2013-03-30 13 Grace Ng - Marsh launches liability solution to protect against litigation, covers religious bodies as well By Grace Ng ngrace@sph.com.sg INSURANCE broker and risk management adviser Marsh has launched an insurance product for Singapore charities. Touted by the company as the first of its kind, the Charities361 words
-
Article, Illustration449 2013-03-30 13 Ronnie Lim - By Ronnie Lim ronnie@sph.com.sg SINGAPORE’S newest power station, the 800-megawatt GMR Energy facility currently under construction on Jurong Island, is now officially in the hands of the new owner the Hong Kong-Phil-ippines consortium FPM Power Holdings. This follows financial completion of FPM’sPHOTO: REUTERS - 449 words
-
374 2013-03-30 13 A SUBSIDIARY of property and construction group TA Corporation Ltd has become a Shell Eastern Petroleum distributor in Myanmar. Que Holdings, in which TA Corp owns 51 per cent, has been appointed the distributor of Shell’s automotive and industrial lubricant products374 words
-
-
FROM THE DESK OF
-
Article, Illustration741 2013-03-30 14 Doy Teo - Workforce development leads to improved innovation, enhanced productivity and greater staff retention all of which are key business goals FROM THE DESK OF Doy Teo Director Triumph International Singapore WORKPLACE needs have evolved rapidly ever since globalisation allowed capital, jobs, talent, business741 words
-
-
Page 15 Advertisements
-
Advertisement2136 2013-03-30 15 B L U M O N T BLUMONT GROUP LTD. (Incorporated in the Republic of Singapore) Company Registration No. *****2554G NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Twentieth Annual General Meeting of the Company will held at Grand Copthorne Waterfront Hotel at 392 Havelock Road, Singapore2,136 words
-
-
WORLD
-
Article, Illustration635 2013-03-30 16 Project finance lending in the region last year is down 6.3% at US$1 3.5b, according to data from Thomson Reuters Reuters Kuala Lumpur INDONESIA is seeking European investors for US$9 billion worth of water, road, air and seaport projects in what will be aReuters; PHOTO: REUTERS - 635 words
-
314 2013-03-30 16 AP Hong Kong HONG KONG’S government has postponed a plan to restrict public access to personal information about company directors after protests from journalists and business groups. Information gleaned from the database was used in investigative news reports last year to helpAP - 314 words
-
461 2013-03-30 17 Anastasiades says rescue package has saved the country from bankruptcy AFP Nicosia PRESIDENT Nicos Anastasiades vowed yesterday that Cyprus would stay in the eurozone despite the harsh terms of a EU-led bailout, as the island’s banks resumed normal trading for the first timeAFP - 461 words
-
Article, Illustration41 2013-03-30 17 Vatican City Pope Francis washing and kissing the feet of 12 inmates in Rome yesterday the first time a pontiff had performed the ritual in a prison, and the first time it included women and Muslims.PHOTO: PHOTO: APPHOTO: AP - 41 words
-
229 2013-03-30 17 Bloomberg Rome ITALY’S government bonds fell for the first quarter since June as a political deadlock and concern that financial turmoil in Cyprus will spread sapped demand for the nation’s securities. Greek bonds also dropped in the past three months as European UnionBloomberg - 229 words
-
229 2013-03-30 18 AFP Washington US President Barack Obama will unveil his long-awaited budget for the fiscal year 2014 on April 10, two months after he was required by law to do so. Mr Obama’s fiscal blueprint has been held up by successive showdowns betweenAFP - 229 words
-
Article, Illustration459 2013-03-30 18 Maesrk says opportunities will grow as imports will increase Bloomberg Singapore AP Moeller-Maersk A/S, owner of the world’s biggest container shipping line, said China’s efforts to boost domestic consumption and pare reliance on exports will help carriers as imports into the countryBloomberg; FILE PHOTO - 459 words
-
Article496 2013-03-30 19 The new leadership should act on pledges to reduce bureaucracy, remove investment barriers AP Beijing FOREIGN companies in China say they want the country’s new leadership to act on pledges to reduce bureaucracy and remove investment barriers as the business climate gets tougher, the American ChamberAP - 496 words
-
Article, Illustration297 2013-03-30 19 Reuters Shanghai CHINA will spend 100 billion yuan (S$20 billion) over three years to deal with Beijing’s pollution, according to an official newspaper report, as the government tries to defuse mounting public anger over environmental degradation. Beijing’s government has pledged toReuters; PHOTO: REUTERS - 297 words
-
Article, Illustration432 2013-03-30 20 State media launches a tirade against the US company for ‘unparalleled arrogance’ AFP Beijing APPLE is to face “strengthened supervision” from China’s consumer watchdogs, state media said, as the US company is hit by a barrage of negative publicity in the country. China isAFP; PHOTO: REUTERS - 432 words
-
485 2013-03-30 20 Reuters Tokyo JAPAN’S factory output dipped unexpectedly in February on a drop in electronics production and consumer prices, underscoring the challenge the central bank faces in engineering a sustained recovery and achieving its 2 per cent inflation target. Exporters are hoping to see theReuters - 485 words
-
-
Page 16 Advertisements
-
Advertisement32 2013-03-30 16 with LAWSON CHAPMAN SQUARE Tune in to HOT FM91.3 or log on to www.hotfm.sg for more details! /IFN UNIVERSAL V Wy UNIVERSAL MUSIC SINGAPORE >T 5C ft n WWW.HOTFM FACEBOOK COM/HOTFMSG HOTFMSG32 words
-
-
Page 17 Advertisements
-
Advertisement954 2013-03-30 17 NOTICES In the matter of The Companies Act, Cap. 50 and in the matter of WAVELINK MARITIME SERVICES PTE. LTD. (Co. Reg. No. *****4784W) (In Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed Company, deemed to be held at 75 Jellicoe Road #04-01 Wavelink954 words
-
-
Page 18 Advertisements
-
Advertisement23 2013-03-30 18 NOWAVAILABLEONiPAD ANDROID ASIA’S LEADING LUXURY YACHTING MAGAZINE Blu Inc Media (HK) Ltd. Tel: 852 2165 2800 Fax: 852 2868 1799 Email: queries@bluincmedia.com www.bluincmedia.com23 words
-
-
Page 19 Advertisements
-
Advertisement178 2013-03-30 19 THE BUSINESS TIMES SATURDAY SPECIAL SEAFOOD BONANZA Savour the best-selling ‘Squid Ink Tagliolini Vongole’ ($17.50++) or ‘Seafood Saffron Rice’ ($19++) and enjoy one complimentary glass of white wine worth $11.50++. Venue O’Coffee Club 9 Raffles Boulevard, #01-47B/53/54 Millenia Walk. Tel: 6337 7848 Website: www.ocoffeeclub.com Terms Conditions Promotion valid from 1st178 words
-
-
Page 20 Advertisements
-
Advertisement51 2013-03-30 20 HOT PROPERTY yjg WfiT M0S J amazing Landmark Tower 3290 I 1 pi^PrSss floor.' N Cmg/ unbl ock, high VILLAGE PAS IP d-i 3[m penthouse f r S2T 9 VIEW Check this and many other properties in CATS Classified in The Straits Times now! WATS BUY IT SELL IT FIND51 words
-
-
MARKETS
-
Article78 2013-03-30 21 Mar 28 COCOA (£/tonne) Close Prev High/Low May 13 1467 1452 1474/1452 Jul 13 1477 1463 1484/1463 Sep 13 1486 1474 1493/1478 Dec 13 1489 1478 1496/1479 COFFEE(US$/tonne) Close Prev High/Low Mar 13 2023 2023 May 13 2051 2054 2063/2037 Jul 13 2074 2071 2080/2059 Sep 13 2080 207778 words
-
Article67 2013-03-30 21 Mar 28 GOLD(US$/oz) Mar 28 Mar 27 Hong Kong 1612.20 1602.00 Mar 28 Mar 27 London 1595.19 1604.46 1596.41 1605.23 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 36.03 35.38 Source: UOB PLATINUM Lon (US$/oz) Mar 28 Close Previous PM Fix 1576.00 1575.00 AM Fix 1583.00 1573.00 Source:67 words
-
Article118 2013-03-30 21 Mar 28 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.328 1.265 Can dollar 1.250 1.191 Euro 1.624 1.547 Sterling pound 1.915 1.842 NZ dollar 1.074 1.014 US dollar 1.267 1.207 Local dollars to 100 units of foreign currency: Currencies Sell118 words
-
STOCK MARKETS
-
Article, Illustration21 2013-03-30 21 YTD change: +4.45% 52-week high: 3,321.62 on March 27, 2013 52-week low: 2,698.90 on June 4,2012 Source: BloombergSource: Bloomberg - 21 words
-
Article, Illustration20 2013-03-30 21 YTD change: -1.58% 52-week high: 23,944.74 on Feb 4,2013 52-week low: 18,056.40 on June 4,2012 Source: BloombergSource: Bloomberg - 20 words
-
Article, Illustration21 2013-03-30 21 YTD change: -1.43% 52-week high: 2,453.73 on May 4,2012 52-week low: 1,949.46 on Dec 4,2012 Source: BloombergSource: Bloomberg - 21 words
-
Article, Illustration18 2013-03-30 21 YTD change:+19.27% 52-week high: 12,650.26 on March 21,2013 52-week low: 8,238.96 on June 4,2012 Source: BloombergSource: Bloomberg - 18 words
-
Article, Illustration26 2013-03-30 21 YTD change: +11.25% 52-week high: 14,585.10 on March 29,2013 52-week low: 12,035.09 on June 4,2012 (Chart shows Thursday’s index closing) Source: BloombergSource: Bloomberg - 26 words
-
-
Article57 2013-03-30 21 Mar 29 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 13 2350.0 2340.0 2365.0 2345.0 79 1352 May 13 2381.0 2368.0 2393.0 2367.0 2447 ***** Jun 13 2393.0 2378.0 2402.0 2376.0 ***** ***** Jul 13 2400.0 2387.057 words
-
Article92 2013-03-30 21 Mar 28 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-13 100.04 100.09 100.08 5-Year N*****0T 2.37592 words
-
Article155 2013-03-30 21 Mar 28 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2952 1.2955 1.0432 1.0433 Canadian dollar 1.2208 1.2214 0.9837 0.9833 Euro 1.5891 1.5896 1.2799 1.2802 NZ dollar 1.0397 1.0405 0.8374 0.8380 Sterling pound 1.8824 1.8830 1.5161 1.5165155 words
-
Article103 2013-03-30 21 Mar 28 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low May 13 1404.75 1453.75 1459.75 1397.00 Jul 13 1385.50 1431.00 1436.25 1376.00 Aug 13 1346.75 1385.50 1391.25 1339.75 Sep 13 1285.00 1315.25 1320.25 1281.50 SOYBEAN/OIL(60,000 lbs; USc/lb) Close Previous High/Low May 13 50.11 50.82 50.95 49.52103 words
-
Article69 2013-03-30 21 Mar 28 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1875.25 1885.75 3 months 1904.00 1916.00 Copper, Grade A (US$/tonne) Cash 7509.75 7576.75 3 months 7540.00 7606.00 Lead (US$/tonne) Cash 2090.75 2096.25 3 months 2112.00 2118.00 Nickel (US$/tonne) Cash *****.50 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
-
Article68 2013-03-30 21 Mar 28 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 109.36 unch WTI (Near Mth) 96.53 unch Dubai (1-Mth F) 107.14 0.47 Tapis blend 114.54 0.33 Minas 109.84 0.63 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.61 0.61 Jet Kerosene 122.12 1.20 US$/barrel OpecOil Basket Price 106.7968 words
-
373 2013-03-30 21 In local curr In S$ In US$ dy yr dy yr dy yr Mar 28 Index Change Change Change Change Change Change World Preliminary 1023.4 0.1 9.1 0.0 8.7 0.3 7.0 EAFE Preliminary 843.6 0.0 8.9 0.1 6.0 0.4 4.4 Europe Preliminary 1219.1 0.4 6.3373 words
-
-
PERSPECTIVE
-
Article, Illustration1346 2013-03-30 22 / 23 Leon Hadar - Why does Washington seem willing to give in on North Korea’s nukes but remain steadfast against responding to Iran’s nukes with a similar containment approach? Leon Hadar Washington correspondent AS US policymakers and legislators mark the 10-year anniversary of the invasion of Iraq and its disastrous military andPHOTO: AP - 1,346 words
-
Article684 2013-03-30 22 / 23 Joergen Oerstroem Moeller - By Joergen Oerstroem Moeller ~The writer is a visiting senior research fellow, Institute of Southeast Asian Studies, Singapore and adjunct professor, Singapore Management University Copenhagen Business School THE inability to reduce the debt mountain and sort out the economic mess threatens the very survival of684 words
-
-
Wealth
-
WEALTH INVESTING
-
Article, Illustration1737 2013-03-30 24 / 25 Shane Oliver - For one thing, the broad return backdrop is likely to remain constrained with not all asset classes doing well WEALTH INSIGHTS Shane Oliver MP Capital Investors ~The writer is head of investment strategy and chief economist, AMP Capital A CRITICAL lesson of the global financial crisisSource: Global Financial Data, AMP Capital - 1,737 words
-
Article752 2013-03-30 24 / 25 Joyce Hooi - Compiled by Joyce Hooi Mapletree Industrial Trust Hold DBS Group Research March 28 Close: $1.405 MAPLETREE Industrial Trust announced an agreement to develop a “built-to-suit” facility for Equinix Singapore, a seven-storey, high specification property located in one-north (land allocated by JTC) which will primarily be used as a752 words
-
Article, Illustration1312 2013-03-30 28 Paul Sullivan - For many US families with wealth, having the children learn how much money is at their disposal causes profound anxiety. By Paul Sullivan By Paul Sullivan NYT STUART Lucas learned about his trust fund the old-fash-ioned way: when he was 18 and wentNYT; FILE PHOTO - 1,312 words
-
Article, Illustration1164 2013-03-30 29 Teh Hooi Ling - Is it usually the case that the stock market price increase will more than make up for the depreciation of the domestic currency? SHOW ME THE MONEY Teh Hooi Ling hooiling@sph.com.sg Senior Correspondent verse currency. ~The writer is a CFA charterholder WE haveCompiled by BT with data from Thomson Datastream - 1,164 words
-
-
SMART MONEY
-
Article, Illustration2512 2013-03-30 26 / 27 Genevieve Cua - Traded endowment/traded life plans are fairly complex assets with a disparate set of risks for the policyholder and for the investor. By Genevieve Cua By Genevieve Cua gen@sph.com. sg THE process of buying an insurance policy to cover your life or as a form of savings through an2,512 words
-
348 2013-03-30 26 / 27 Genevieve Cua - By Genevieve Cua THE arena of traded endowment and life policies (TEP/TLPs) remains an unregulated one, even though the instruments have been marketed in Singapore since the early 2000s. In 2003, the Monetary Authority of Singapore sought feedback on the segment and issued a348 words
-
-
WEALTH REAL ESTATE
-
Article, Illustration421 2013-03-30 30 InterContinental group will manage 447-room hotel for new owners from the Middle East Bloomberg London INTERCONTINENTAL Hotels Group has agreed to sell its London Park Lane Hotel to Middle Eastern investors for £301.5 million (S$567 million) as it sharpens its focus on managing propertiesBloomberg; PHOTO: BLOOMBERG - 421 words
-
Article506 2013-03-30 30 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN FEB 27 AND MARCH 5, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 2 NON-LANDED Spottiswoode Park Apt 27/02/2013 85 1270 965 760 District 3 NON-LANDED Echelon Apt 28/02/2013506 words
-
386 2013-03-30 31 Central bank said to have agreed in principle to soften lending limits after appeal from commercial banks Reuters Abu Dhabi THE Central Bank of the United Arab Emirates has agreed, in principle, to soften plans to introduce limits on mortgage lending for residentialReuters - 386 words
-
Article, Illustration770 2013-03-30 31 NYT New York STEVEN A Cohen is known for his rapid-fire trading style, moving in and out of stocks with dizzying speed at his hedge fund SAC Capital Advisors. He seems to be taking a similar approach to his real estate. Mr CohenNYT; PHOTOS: BLOOMBERG - 770 words
-
-
-
Page 26 / 27 Advertisements
-
Advertisement26 2013-03-30 26 / 27 This column on financial products is sponsored by MoneySENSE, a national financial education programme in Singapore. Find out more about other common financial products at www.moneysense.gov.sg26 words
-
-
Page 32 Advertisements
-
Advertisement121 2013-03-30 32 TO BREAK THE RULES, YOU MUST FIRST MASTER THEM. THE ROYAL OAK REINVENTS ITS HERITAGE AS THE ORIGINAL RULE-BREAKING HAUTE HOROLOGY SPORTS WATCH. THIS ICONIC PIECE CELEBRATES THE PURPOSEFUL ROYAL OAK STRONGBOX ARCHITECTURE, AND THE ARTISANAL FINESSE AND ELEGANCE OF THE ENGINE-TURNED “GRANDE TAPISSERIE” DIAL. THE DARING USE OF STAINLESS121 words
-
-
Page 1 Advertisements
-
Advertisement64 2013-03-30 1 LivingBTTHE BUSINESS TIMES WEEKEND MARCHR 30-31 2013 STYLE Scent of a well-suited man L9 REINVENTING THE MEAL Taking hawker food to a new era L2-5 PERSONAL SPACE The Hole House L12-13 APPAM FROM HEAVENS STALL. PHOTO BY YEN MENG JIIN GADGETS Music to the ears L14 DESIGN Office support L10-1164 words
-
-
BT Living
-
DINING
-
Article, Illustration5178 2013-03-30 2 / 3 Dylan Tan; Debbie Yong; Tay Suan Chiang; Sara Yap; Geoffrey Eu; Natalie Koh; Cheah Ui-Hoon - After celebrating traditional hawkers in the just ended BT/Knight Frank CEOs’ Hawker Choices 2013, BT Weekend looks at how some enterprising individuals are taking traditional food into a new era By Dylan Tan dylantan@sph.com.sg By Debbie Yong debyong@sph.com.sg By Tay Suan Chiang taysc@sph.com.sg By Sara Yap sarayap@sph.com.sgPHOTOS: DYLAN TAN; PHOTOS: JOHN HENG; PHOTOS: YEN MENG JIIN; PHOTO: YEN MENG JIIN; PHOTOS: YEN MENG JIIN, ST FILE; PHOTO: S TAY SUAN CHIANG; PHOTOS: CHEAH UI-HOON - 5,178 words
-
Article, Illustration1513 2013-03-30 6 / 7 Debbie Yong - Local restaurant Artichoke has its Overdoughs deli, and Hummerstons recently opened sister bakery Croute a bakery-patisserie extension seems increasingly to be the next step for restaurants that have built up a regular following. Debbie Yong susses out three such offshoots Debbie Yong debyong@sph.com.sg PeraMakan Deli 209 East CoastPHOTO: DEBBIE YONG; PHOTOS: DEBBIE YONG; PHOTOS: JOHN HENG; PHOTOS: FILE, MARINA BAY SANDS - 1,513 words
-
Article, Illustration1108 2013-03-30 8 Jaime Ee - elBulli maestro Ferran Adria will construct a culinary theme park of sorts for thinking chefs to push gastronomic boundaries. By Jaime Ee By Jaime Ee jaime@sph.com.sg FERRAN Adria has a vision. He doesn’t quite know how it will all turn out, but it will bePHOTOS OF FERRAN ADRIA AND CATALUNYA PRESS CONFERENCE: ARTHUR LEE; PHOTO: JAIME EE - 1,108 words
-
-
STYLE
-
Article, Illustration812 2013-03-30 9 Jaime Ee - Italian men’s luxury fashion house Ermenegildo Zegna wants to provide the stylish urbane man the total package suit, tie and now its just-launched fragrance Uomo. By Jaime Ee jaime@sph.com.sg SO you already wear a suit that embodies your status as a well-travelled cosmopolitan with a812 words
-
-
DESIGN
-
Article, Illustration1446 2013-03-30 10 / 11 Tay Suan Chiang - As most of us spend a better part of our lives working in the office, having a desk and chair that provide good ergonomic support is vital for our well-being. By Tay Suan Chiang taysc@sph.com.sg IF your day at the office leaves you with aching shoulders or lower1,446 words
-
-
HOME & GARDEN
-
Article, Illustration1083 2013-03-30 12 / 13 Tay Suan Chiang - The Phua family’s abode has openings that serve as windows and skylights to let in natural light. By Tay Suan Chiang personal space By Tay Suan Chiang taysc@sph.com.sg HAD the Phua family painted their home a pale shade of yellow, it would resemble a block of EmmentalPHOTOS: YEN MENG JIIN - 1,083 words
-
-
GADGETS
-
Article, Illustration470 2013-03-30 14 Christopher Lim - Music lovers who demand only the best sound on the go will pledge high-fidelity to these new headphones. By Christopher Lim By Christopher Lim limchris@sph.com.sg Philips Fidelio X1 $499 PHILIPS has audiophile pedigree but did not make headphones worthy of that heritage until it470 words
-
-
HEALTH
-
Article, Illustration996 2013-03-30 15 Cheah Ui-Hoon - Medical portals take the guesswork out of choosing a family doctor or specialist. By Cheah Ui-Hoon By Cheah Ui-Hoon uihoon@sph.com.sg WE use the Internet for virtually everything else, why not to make bookings for doctors’ appointments? As the e-health business hots up with at leastPHOTOS: TABADOCTOR.COM, DOC.DOC.COM - 996 words
-
-
SPORTS
-
Article, Illustration574 2013-03-30 16 Lee U-Wen - no holds barred Lee U-Wen leeuwen@sph.com.sg Correspondent FOOTBALL and cricket are two of the most popular sports in Asia today, but Chatri Sityodtong believes that mixed martial arts or MMA as it is more commonly known as will overtake them both to become574 words
-
-
GOLF
-
Article, Illustration1069 2013-03-30 17 Justine Moss - Laguna Lang Co Golf Club is situated between mountains and sea on a sandy strip of dune land in the country’s central coast region. By Justine Moss By Justine Moss btnews@sph.com.sg WITH its range of quality golf courses in and around Dalat, Danang,1,069 words
-
-
MOTORING
-
Article, Illustration637 2013-03-30 18 Samuel Ee - The new Lexus IS1250 is more dynamic yet more comfortable. By Samuel Ee samuelee@sph.com.sg THE ubiquitous spindle grille now adorns the best-selling model from Lexus with the trademark L-shaped daytime running lights set independently below the headlamps. But perhaps more dramatic than the IS250’s new look and styling637 words
-
Article, Illustration720 2013-03-30 19 Samuel Ee - Drive Meister Yoshiaki Ito is responsible for the dynamic performance of all Lexus models. By Samuel Ee By Samuel Ee samuelee@sph.com.sg IF THERE is one aspect of the new Lexus IS that Drive Meister Yoshiaki Ito likes best, it is that the new compact sports720 words
-
Article, Illustration728 2013-03-30 20 Samuel Ee - BMW calls the 3 Series Gran Turismo a new concept for its combination of design, functionality and dynamics. By Samuel Ee By Samuel Ee samuelee@sph.com.sg WHO needs another 3 Series variant? Apparently, wealthy families eyeing a stylish and dynamic car with more room and functionality. The BMWPHOTO BY: SAMUEL EE - 728 words
-
-
-
Page 14 Advertisements
-
Advertisement35 2013-03-30 14 HOME N E c D S Don't work the kids. Get professional movers! To find out more, turn to CLASS 115 in CATS Classified in The Straits Times now. *> KATS BUY IT-SELL IT* FIND IT35 words
-
-
Page 15 Advertisements
-
Advertisement258 2013-03-30 15 7 y IK TF\ www.shsccentre.com HEART, STROKE CANCER CENTRE "A medical centre of Singapore Heart, Stroke and Cancer Centre" I 'Preserving Health and Longevity Expertise in the Prevention, early Detection and Management of Heart disease. Stroke and Cancer Multi-disciplinary team at highly experienced specialists in various fields led by internationally258 words
-
-
Page 16 Advertisements
-
Advertisement940 2013-03-30 16 wine&dine with BTWeekend AquaMarine Marina Mandarin Singapore 6 Raffles Boulevard, Level 4 Z6845 1111 An Easter-ific Affair Valid on March 31, 2013 Easter is around the corner and it’s time to gather your whole family for an Easter-ific celebration. Head to AquaMarine on Sunday for an egg-xuberant buffet lunch spread940 words
-