The Business Times, 4 April 2013
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2013-04-04
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The Business Times
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Title Section25 2013-04-04 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Thursday, April 4, 201325 words
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Article, Illustration857 2013-04-04 1 JOYCE HOOI - He tells US business groups that Singapore doors are open for investment and talent By JOYCE HOOI in Washington DC IN AN implicit but pointed response to concerns raised recently about Singapore’s reputation as an open economy, Prime Minister Lee Hsien LoongPHOTO: WANG HUI FEN/THE STRAITS TIMES - 857 words
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Article, Illustration643 2013-04-04 1 MICHELLE QUAH - Former Speaker parts ways with law firm to develop his own practice By MICHELLE QUAH [SINGAPORE] Former Speaker of Parliament Michael Palmer has left the law firm he has spent all of his professional life at, and is now striking out on643 words
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MARKETS DIGEST
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Article65 2013-04-04 1 GST INDEX 3,321.77 (+4.18) GST INDEX FUTURES 3,303.00 (+4.00) GSIMSCI 376.52 (+1.01) GSIMSCI FUTURES 374.50 (+1.90) US$ S$ US$ (S$ per US$) 1.238 (US$/S$ per 1.511 1.871 EURO (US$/S$/€ 1.281 1.586 Foreign currency per US$ S$ YEN 93.50 75.50 RM 3.087 2.493 HK$ 7.762 6.269 BAHT 29.34 23.69 RUPIAH65 words
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Article48 2013-04-04 1 Wednesday Change KL COMP 1,685.40 +0.40 NIKKEI 225 12,362.20 +358.77 HANG SENG 22,337.49 -30.33 SET INDEX 1,520.52 -30.02 JAKARTA COMP 4,981.47 +24.21 MANILA COMP 6,815.30 +66.87 SEOUL COMP 1,983.22 -2.93 SHENZHEN B 773.31 -12.80 MUMBAI IND 18,801.64 -239.31 12noon EDT Change DOW 14,611.21 -50.80 NASDAQ 3,239.63 -15.2348 words
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Article22 2013-04-04 1 SINGAPORE 5.38 MALAYSIA 6.55 INDONESIA 5.00 TAIWAN 13.194 TAIWAN 5.036 BRITAIN 1 475 KOREA 9.33 BRITAIN INDIA US Source: Bloomberg22 words
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Page 1 Advertisements
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Advertisement211 2013-04-04 1 S’PORE ECONOMY PMI up in March but Q1 GDP growth will still be feeble PAGE 4 PROPERTY Stats show increased speculation in strata retail units PAGE 2 SPECIAL FOCUS Connecting business to Asia PAGE 9 MALAYSIA ELECTIONS Najib dissolves parliament; elections to be tightly contested PAGE 2 A NEW WAY211 words
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TOP STORIES
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1073 2013-04-04 2 KALPANA RASHIWALA - Proportion of resale deals involving units bought less than 3 years earlier rising By KALPANA RASHIWALA [SINGAPORE] The proportion of strata retail units changing hands within three years in the resale market is on the rise pointing to increased speculation1,073 words
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Article370 2013-04-04 2 PM lays misgivings about S’pore to rest IN AN implicit but pointed response to concerns raised recently about Singapore’s reputation as an open economy, Prime Minister Lee Hsien Loong reassured American business groups on Tuesday that it remains a pro-business nation. While Singapore is tackling a host of370 words
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Article, Illustration817 2013-04-04 2 S JAYASANKARAN - Analysts expect polling day to be fixed on April 27 By S in Kuala S JAYASANKARAN in Kuala Lumpur MALAYSIAN Prime Minister Najib Razak announced the dissolution of Parliament yesterday, paving the way for what could be the most keenly contested generalPHOTO: REUTERS - 817 words
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650 2013-04-04 4 TEH SHI NING - Improvement in March not enough to offset poor industrial output in Jan Feb: economists By TEH SHI NING [SINGAPORE] Singapore’s manufacturing economy returned to growth in March, going by the latest purchasing managers’ index (PMI), but economists650 words
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Article, Illustration759 2013-04-04 4 NEETA LAL - Pact involves use of nationwide fibre optic network By in NEETA LAL in New Delhi IN a significant development, feuding brothers and India’s top tycoons Mukesh and Anil Ambani have signalled their rapprochement with a resource-shar-ing agreement that will allow themPHOTOS: REUTERS - 759 words
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Advertisement113 2013-04-04 3 www.vw. com. sg Winner. Car of the Year. CAR THE YEAR 9 mi New Golf VV New Golf. Car of the Year 2013. It’s official. 58 judges from 22 countries have voted the new Golf ‘Car of the Year! Here’s how we did: The new Golf from only $121,800. Test113 words
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Advertisement144 2013-04-04 4 W. w A H M. 3 4S s». m x 'i a new event experience you From international conferences to your next annual event, at the rejuvenated Pan Pacific Singapore you can meet, greet and entertain in style. With 27 meeting rooms covering over 31,000 square feet and a choice144 words
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Advertisement18 2013-04-04 4 Head to CATS FASTADS in The New Paper for education options! ESAT3 BUY IT• SELL IT• FIND IT18 words
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COMPANY NEWS
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Article582 2013-04-04 5 KENNETH LIM - F&B veteran named adviser to the board a day after Richard Hu’s appointment By KENNETH LIM TWO senior appointments to the board of Fraser and Neave (F&N) have triggered a market rethinking that controlling shareholder Charoen Sirivadhanabhakdi may want the company to stay listed582 words
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559 2013-04-04 5 LEE MEIXIAN - Daily average trading value up 20% at $1.6 billion By LEE MEIXIAN TRADING on the Singapore Exchange (SGX) was busier last month than in March last year, but marked a steady decline on a month-on-month basis. Daily average trading value in March rose 20559 words
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Article738 2013-04-04 5 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY TOWARDS the end of last week as the first quarter drew to a close, there was a large push on the shares of the three local banks. On Wednesday 27 March, UOB shares shot up 53 cents or 2.6 per cent738 words
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Article, Illustration364 2013-04-04 7 ONG CHOR HAO - Latest two deals are light industrial developments for Oxley Holdings By ONG CHOR HAO RIDING on its contract momentum, Lian Beng Group has clinched two more deals worth $201 million, bringing its order book to a record high of almost $1.09 billion. TheFILE PHOTO - 364 words
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251 2013-04-04 7 KENNETH LIM - By KENNETH LIM YOMA Strategic Holdings will jointly build 1,043 apartments in Myanmar with a member of the Bouygues Construction Group, the Myanmar property developer announced yesterday. Yoma will own 40 per cent of the joint venture vehicle and Dragages Singapore, the remaining251 words
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338 2013-04-04 7 TEO SI JIA - By TEO SI JIA LOGISTICS Holdings has clinched another two contracts worth $50.9 million from the Housing Development Board (HDB), just a month after securing a deal from it. One contract, valued at $26 million, is for the design and construction of electrical338 words
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Article, Illustration526 2013-04-04 8 CAI HAOXIANG - It offers 2.5% extra interest on savings deposits if customers buy unit trusts, insurance through them By CAI HAOXIANG IN its latest bid to woo the rising rich, Citibank Singapore yesterday launched a savings account that dangles an extra 2.5 per526 words
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404 2013-04-04 8 NG SAI YING - But judges saw lack of sufficiently in-depth supply chain analysis in all competing reports By NG SAI YING ASIA Pacific Breweries (APB) has been crowned the winner of a Sustainability Reporting award by ACCA Singapore, the Singapore office of the Association of Chartered404 words
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346 2013-04-04 8 KENNETH LIM - It buys 346,310 shares at about $4.23 apiece By KENNETH LIM THE Straits Trading Co may have failed in its bid to take over WBL Corp, but it is not about to let rival suitor United Engineers (UE) have an easy path346 words
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371 2013-04-04 8 LIM JIA YING - SMEs need more advisory services as they expand overseas: survey By LIM JIA YING THE demand by small and medium enterprises (SMEs) for advisory services is growing as they expand overseas. This provides an opportunity for small and medium accounting practices (SMPs) to371 words
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COMPANY BRIEFS
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Article74 2013-04-04 8 ELECTRICAL equipment maker Sunlight Group plans to sell 130 million new shares, or 33.3 per cent of enlarged share capital, at 3.8 cents apiece to raise net proceeds of $4.72 million for possible acquisitions and general working capital. The offer price is a 5 per cent74 words
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Article103 2013-04-04 8 DIVERSIFIED engineering, agriculture and mining company ISDN Holdings plans to sell up to 23.7 million new shares at 45 cents apiece to raise net proceeds of about $10.4 million for working capital and growing new businesses. The placement price is a discount of about 10103 words
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Page 5 Advertisements
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Advertisement460 2013-04-04 5 FREEHOLD 71 PENANG'S TOP 2 Blue-Chip Property Investments TRENDS ©SOUTHBAY 1 km to upcoming Second Bridge Link (completing Sept 2013) Close proximity to Penang International Airport, Bayan Lepas Free Industrial Zone (FIZ) of multinational companies Immediate consumer catchment of completed Southbay residents, Free Industrial Zone Southbay Batu Maung area: high460 words
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SINGAPORE MARKETS
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Article, Illustration605 2013-04-04 6 R SIVANITHY - Trading is quiet and market turnover low as penny stocks continue to dominate STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index (STI) yesterday added 4.18 points to end at a new multi-year high of 3,321.77, the broad market was more mixed with anSource: Bloomberg - 605 words
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Article73 2013-04-04 6 Apr 3 VALUE CLOSE BT OB/OS 336.00 -77.00 BT CADI -*****.00 +6.00 BT 10-day MA -*****.00 +34.00 FTSE ST Mid Cap 824.74 +1.49 FTSE ST Small Cap 580.61 +1.33 FTSE ST All Share 819.14 +1.16 FTSE ST China Top 222.46 -1.38 FTSE ST China 251.82 -2.38 FTSE73 words
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Article58 2013-04-04 6 VOLUME LH Grp 302,836,000 WE Hldgs 295,542,000 MDR 241,340,000 SingHaiyi 166,844,000 Albedo W*****9 123,882,000 Innopac 120,414,000 Contel 105,536,000 CarrierNet 103,284,000 Thai Beverage 94,039,000 Albedo 77,095,000 VALUE($) SingTel 82,840,900 DBS Grp 76,553,910 UOB 64,924,825 Thai Beverage 59,808,685 Keppel Corp 59,007,580 HPH Trust US$ 51,901,245 Golden Agri 43,294,430 OCBC58 words
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Article186 2013-04-04 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 0 11 4 0 0 0 0 11 4 Manufacturing 53 47 42 7 14 6 60 61 48 Commerce 21 18 23 6 7 2 27 25 25 Tpt/Stor/Comms 16 14 12186 words
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Article123 2013-04-04 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 32,220 32,220 96,204 96,204 Manufacturing 812,975 260,100 1,073,075 244,903 9,967 254,870 Commerce 152,884 449,745 602,629 70,682 43,163 113,845 Tpt/Stor/Comms 135,623 12,098 147,721 210,685 4,631 215,315 Finance 140,177 174 140,351 225,607 67 225,674 Construction 87,552 25,982123 words
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Article997 2013-04-04 6 CAI HAOXIANG - Compiled by CAI HAOXIANG Wing Tai Holdings April 3 close: $1.96 Maybank Kim Eng Research, April 3 WING Tai sold one more unit at Le Nouvel Ardmore in February at a month-high unit price of $4,372 psf, suggesting that Wing Tai is not compromising on pricing just to997 words
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Article112 2013-04-04 6 Stock name Close Change CapMallsAsia 2.050 CapitaLand 3.550 -0.010 CapitaMall 2.140 +0.040 CityDev 11.26 +0.100 ComfortDelGro 1.920 +0.010 DBS Grp 16.00 GLP 2.640 +0.020 Genting SP 1.495 Golden Agri 0.575 -0.005 HK Land 7.540 -0.090 HPH Trust US$ 0.840 -0.020 JMH 65.76 -0.080 JSH 39.36 +0.060112 words
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Article, Illustration447 2013-04-04 6 CURRENCIES Bloomberg [LONDON] The euro yesterday strengthened from a five-week low against the yen after the International Monetary Fund (IMF) said it would provide one billion euros (S$1.59 billion) of aid to Cyprus, boosting demand for the region’s assets. The 17-nation currency reversedBloomberg; PHOTO: AFP - 447 words
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Article120 2013-04-04 6 BY CENTS CLOSE UP Hyflux 6% CPS 10 ***** 105.0 1.0 IS MS India 100US$ 659 47.1 6.1 DBXT iBoxxSing 5SG$ ***** 45.0 0.3 DBXT MSTHAI 10US$ 2285 43.3 1.6 UOB.ES.1304 2076 40.0 2.0 UOB 2077 38.0 1.9 DBXT MSINDO 10us$ 1705 27.2 1.3 Lyxor Nasdaq100 10US 1133 27.2120 words
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Article131 2013-04-04 6 BY CENTS CLOSE DOWN GLD 10US$ ***** -345.4 -1.8 DBXT MSKorea 10US$ 5790 -111.4 -1.5 Lyxor China H 10US$ 1404 -49.5 -2.8 DBXT FTVietnam 10US$ 2590 -37.1 -1.1 STXPO 100 436 -33.0 -7.0 Lyxor Russia 10US$ 371 -19.8 -4.1 DBXT MSMSIA 10US$ 1395 -18.6 -1.1 DBXT S&P Short 10US$131 words
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Advertisement4 2013-04-04 7 Take your position. saxomarkets.com.sg/fx4 words
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Advertisement138 2013-04-04 8 I* iiVS* 0 i /i&* The 19 th Edition mta THE PRECISION OrtlQ ENGINEERING INDUSTRY EVENT www.mta-asia.com HELD ALONGSIDE: MGTROLOGY A5IA20IB EwHH St'. 9-12 April 2013 Singapore Expo Tuesday-Friday 10.30am-6.00pm With growing demand for fully integrated capabilities in highly-complex industry verticals, MTA2013 gathers innovative technologies and cost effective solutions while138 words
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Advertisement22 2013-04-04 8 UT i i r *$r«r H DIGITAL EDITION IS AVAILABLE FOR TABLETS AND SMARTPHONES! 50% APr t-YEAR DIGITAL Urr SUBSCRIPTION WWW.TORQUE.COM.SG sPHmagazines22 words
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Advertisement75 2013-04-04 8 R 0 P E R T Y WOADRICK BUNGLW like new JESTIC spacious hall/uJV blg rrr) s, 'end 6500 poo/ i engkong Corner terr 3 st Y Renovated, e rms** 00 sf Pool. MRT. $9K S ensuite M s °°«N sem-d. b drm ensuite S IO f us 5+ 775 words
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CONNECTING BUSINESS TO ASIA
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Article, Illustration958 2013-04-04 9 KAN KWOK LEONG - Physical commodities trader Visa Resources is banking on its insight into supply and demand fundamentals to deal with volatile prices, says managing director Vivek Agarwal By KAN KWOK LEONG AS THE head of Singaporebased coal trader Visa Resources, Vivek Agarwal’s biggest concerns are the extremely volatilePHOTO: JOSEPH NAIR - 958 words
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Article391 2013-04-04 9 FREDERIC GIRAUDET - By FREDERIC GIRAUDET The writer is regional head, commodities and structured trade finance, HSBC Ltd AS physical commodities trading becomes more complex, industry players are spending more time on the ground with suppliers and customers in an effort to better manage their supply chains. These efforts391 words
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Advertisement187 2013-04-04 9 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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SINGAPORE NEWS
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Article, Illustration711 2013-04-04 10 JOYCE HOOI - Singapore ready to help US in deepening its engagement with Asia, he tells Obama By JOYCE HOOI in Washington DC PRIME Minister Lee Hsien Loong has urged the United States and China to build “strategic trust” in one another, while offeringPHOTO: AP - 711 words
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478 2013-04-04 10 RONNIE LIM - By RONNIE LIM GENCO YTL PowerSeraya is expecting to receive Singapore’s first regasified LNG (liquefied natural gas) next week, to be used for power generation. This is from the commissioning cargo of LNG, which arrived last week from Qatar to enable the478 words
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623 2013-04-04 10 SIOW LI SEN - Bankers and lawyers say that more deals are afoot By SIOW LI SEN ISLAMIC finance is expanding in Singapore, and the Monetary Authority of Singapore is committed to further developing this important segment of the financial services industry, said MAS assistant managing director623 words
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464 2013-04-04 10 HELMI YUSOF - By HELMI YUSOF THIRTY years ago, professional dancer Low Mei Yoke dreamt of starting a full-time dance company. But the overhead costs, which included hiring full-time dancers and administrative staff, were simply too high. Yesterday, the 57-year-old artistic director of Frontier Danceland got464 words
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264 2013-04-04 10 TEO SI JIA - By TEO SI JIA AXA Singapore is beefing up its operations by buying up HSBC Insurance’s employee benefits business here. In an agreement the two parties entered into yesterday, HSBC will also distribute AXA’s employee benefits products under a 10-year bancassurance arrangement.264 words
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Advertisement62 2013-04-04 10 Connecting Buyers Sellers at Gifts Premiums Fair 2 0 13 10-12 JULY 2013 MARINA BAY SANDS SINGAPORE for E *WbVW^ conver BeSen S TODAY! V^SSSS****** Erna\\ SG cx 684 8 5938 Organised By: BIZLINK Exhibition Services Pte Ltd A SUBSIDIARY OF SjSl Blk 8 Lorong Bakar Batu, #07-07 Singapore *****362 words
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Advertisement434 2013-04-04 11 PROVIDENCE TOWER dyBallymore NEW RELEASE London’s Premier River View Apartments Exhibition launch Saturday 6th Sunday 7th April 11am 7pm AN UNPRECEDENTED LEVEL OF LUXURY AMENITY Luxury suites, 1, 2 3 bedroom apartments and penthouses available with interiors by renowned designers Jestico Whiles Residents-only exclusive 43rd floor 360 degree panoramic Sky434 words
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MALAYSIA/INDONESIA
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Article, Illustration498 2013-04-04 12 PAULINE NG - KLCI may lose a 10th before rebounding after poll outcome is known: analysts By PAULINE NG in Kuala Lumpur STOCKBROKERS have warned of greater volatility ahead for the Malaysian stock market in the run-up to national polls after a choppy day of tradingPHOTO: REUTERS - 498 words
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654 2013-04-04 12 JEFFREY HUTTON - By JEFFREY HUTTON in Jakarta THE head of Indonesia’s new oil and gas regulating agency vowed to defend existing contracts with foreign production companies even as presidential contenders for next year’s poll vow a bigger role for domestic firms. Rudi Rubiandini, the head of654 words
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Advertisement618 2013-04-04 12 Attain All-Round Sales Performance Excellence Who should attend: Sales Business Development Managers; Business Consultants; Senior and Middle Management; Account, Sales Marketing Executives and Managers 2013 APRIL SERIES FULL-DAY WORKSHOPS Easy Marketing Tactics to Generate Sales Leads Promotion or marketing is viewed as an expensive entity which only well-established companies can618 words
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GREATER CHINA/INDIA
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Article, Illustration699 2013-04-04 13 Business confidence also up; data augurs well for a modest economic recovery Reuters [BEIJING] Growth in China’s services sectors rose to multi-month highs in March as a construction boom and firmer demand lifted business and confidence, auguring well for a modest recovery in theReuters; PHOTO: REUTERS - 699 words
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388 2013-04-04 13 AP [NEW DELHI] Prime Minister Manmohan Singh appealed to Indian business leaders yesterday to help return the country to a path of high economic growth, while promising in return to cut the red tape hampering investment. Just a few years ago, India wasAP - 388 words
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Advertisement248 2013-04-04 13 *?.+DC5LEI* .1CF;G1: 4BG,.1G.BF Q +.C5C .(IJ& EDI(5G’CDC ED EDI(51IGCFI P (15CFI (.H+5F .(5(*. G5.+ .J( <#@3 0!J<3"6 ~~~~~~~~,0OP 5934T795 H9> <3KD !IKJ 8<3JJ@ $9K!E#9D D!I’??UC DWU? DAK =K(8 MJEJG DWUH VU’!!’W %L) -U VU’=K!;CUC FD=KW’=?D VK (=’0 BD?’AK 6KW =K(= ?AD==KW *V’?;U( FVK VU’=K!;CUC FVK !K’A=?;FV’ FVK =D$AKW 6=ADCUAC !K’=VDF’?DA248 words
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Advertisement157 2013-04-04 13 East Asia Institute of Management www.easb.edu.sg/uol University of London International Programmes Z London School of Economics ranked Top 2 UK University Complete University Guide 2013 Z Taught by well-qualified and experienced UOL lecturers Z Smaller class size for the benefit of students S$4 000 Tuition Fee per Year! Object to157 words
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ECONOMY WATCH
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606 2013-04-04 14 Foreign-born homeowners expected to increase by 2.8m in decade ending 2020 Bloomberg [WASHINGTON] Efforts to revamp US immigration laws may bring at least one unintended benefit for the economy: the nascent housing recovery will probably get an added boost. The number of foreign-bornBloomberg - 606 words
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Article, Illustration582 2013-04-04 14 2 of them disagree sharply on Fed’s current policy NYT [RICHMOND, Virginia] Federal Reserve officials regularly air their views in public speeches, but they rarely engage in public debates. Two of the officials who disagree most sharply about the Fed’s current policy did justNYT; PHOTOS: REUTERS - 582 words
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470 2013-04-04 14 Q4 gross domestic product up 2.1% from a year earlier Bloomberg [MOSCOW] Russia’s economy grew at the weakest pace in the fourth quarter since a recession in 2009 as E u r o p e s d e b t c rBloomberg - 470 words
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Advertisement1095 2013-04-04 14 UPP HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****0346M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 46th Annual General Meeting of UPP HOLDINGS LIMITED (the “Company”) will be held on Friday, 19 April 2013 at 2.00 p.m. at Buona Vista Room, No.1,095 words
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Advertisement113 2013-04-04 14 FOR THE FIRST TIME, ONE ISSUE WITH THREE DIFFERENT COVERS a collector’s edition FEMALE APRIL ISSUE OUT NOW EDGY SEXY PRETTY THE FACES OF s/s M FEMALE x NARS Exclusive Limited sets of Soft Touch Shadow Pencil and Larger Than Life Lip Gloss (both tote-sized), plus an express lip makeover113 words
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Advertisement30 2013-04-04 14 %3 f with LAWSON CHAPMAN SQUARE Tune in to HOT FM91.3 or log on to www.hotfm.sg for more details! /WT\ UNIVERSAL UNIVERSAL MUSIC SINGAPORE iT 5C D WWW.HOTFM.SG FACEBOOK.COM/HOTFMSG @HOTFMSG30 words
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WORLD
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Article, Illustration817 2013-04-04 15 The UN treaty will help prevent future Syrias, says Oxfam executive NYT [UNITED NATIONS] The global arms trade treaty which was approved by the United Nation General Assembly has no specific enforcement mechanism, but proponents say the treaty would for the first timeNYT; PHOTO: AFP - 817 words
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Article, Illustration661 2013-04-04 15 Higher growth rates will be needed for this, adds its chief AFP [WASHINGTON] World Bank chief Jim Yong Kim has called for a global drive to wipe out extreme poverty by 2030, acknowledging that reaching the goal will require extraordinary efforts.AFP - 661 words
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Article, Illustration429 2013-04-04 16 The bank has reached a preliminary agreement with the National Credit Union Administration Reuters [WASHINGTON] Bank of America Corp (BofA) agreed to pay US$165 million to settle charges by the US credit union regulator involving sales of mort-gage-backed securities to corporate credit unions thatReuters; PHOTO: AFP - 429 words
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Article, Illustration828 2013-04-04 20 New practices let it create data goldmine at unwitting users’ expense, they say AP [PARIS] Google’s new privacy policy is under legal attack from regulators in its largest European markets, who want the company to overhaul practices they say let it create a dataAP; PHOTO: REUTERS - 828 words
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Article, Illustration715 2013-04-04 22 Low interest rates help spur owners to replace ageing models NYT [DETROIT] Carmakers reported that March sales of new cars and trucks were the highest monthly total in five years, providing more evidence of a sustained turnaround in the industry. AccordingNYT; PHOTO: BLOOMBERG - 715 words
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252 2013-04-04 24 Reuters [TOKYO] Japan’s government approved plans to take on the country’s regional monopoly electricity suppliers in the most ambitious overhaul of the country’s power industry, two years after the Fukushima nuclear disaster. The plans, aimed at splitting power generation and transmissionReuters - 252 words
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968 2013-04-04 24 ROB CURRAN - The bears are right to observe some cracks in the latest rally’s foundations By ROB CURRAN in the US THE Dow Jones Industrial Average hit another record high yesterday in early trading to bring its gains for 2013 to nearly 13 per cent. The968 words
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Article, Illustration639 2013-04-04 26 Companies can now treat social media as legitimate outlets for communication NYT [NEW YORK] Chief executives can now feel free to post, blog or tweet as long as they inform investors about their social media strategy first. The Securities and Exchange Commission onNYT; PHOTO: AFP - 639 words
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Article, Illustration696 2013-04-04 28 ANTHONY ROWLEY - Nikkei posts highest one-day rise in 2 months ahead of BoJ meeting results By in ANTHONY ROWLEY in Tokyo ALL eyes will be on the outcome of the Bank of Japan’s Policy Board meeting today as marketsPHOTO: AFP - 696 words
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258 2013-04-04 28 Bloomberg [BRUSSELS] The International Monetary Fund (IMF) will contribute about one billion euros (S$1.6 billion) as part of a rescue programme for Cyprus that aims to stabilise the nation’s banks and reduce public spending, IMF managing director Christine Lagarde said. The IMFBloomberg - 258 words
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WORLD WATCH
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69 2013-04-04 28 AFP [SEOUL] North Korea blocked South Korean entry to a key joint industrial zone yesterday, as Washington condemned Pyongyang’s “dangerous, reckless” behaviour. South Koreasaid it had contingency plans that included “military action” for ensuring the safety of hundreds of South Koreans workingAFP - 69 words
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75 2013-04-04 28 AP [LONDON] Royal Bank of Scotland shareholders have filed a £4 billion (S$8 billion) lawsuit against the company, claiming they were misled into thinking the bank was healthy just before its collapse. A group representing 12,000 investors says RBS didn’t include vital informationAP - 75 words
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65 2013-04-04 28 Reuters [LONDON] The European Union’s banking regulator will decide over coming months which bankers should have bonuses capped, raising hopes among lenders that rules can be eased before they take effect in 2014. The EU approved a law to cap bonusesReuters - 65 words
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75 2013-04-04 28 Reuters [NEW YORK] Ex-Goldman Sachs Group trader Matthew Marshall Taylor turned himself in yesterday to federal authorities in connection with charges that he defrauded the Wall Street bank out of US$118 million in 2007, two sources said. The Commodities Futures Trading Commission filed aReuters - 75 words
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Advertisement2193 2013-04-04 16 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices NOTICE OF ANNUAL GENERAL MEETING ROTARY ENGINEERING LIMITED Company Registration No. *****0255E (Incorporated in The Republic of Singapore) NOTICE IS HEREBY GIVEN that the 33rdAnnual General Meeting of ROTARY ENGINEERING LIMITED (the “Company”) will be held at 1 7 Tuas Avenue 20,2,193 words
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Advertisement1757 2013-04-04 16 METAL COMPONENT ENGINEERING LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4700N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of METAL COMPONENT ENGINEERING LIMITED (“Company”) will be held at 10 Ang Mo Kio Street 65, Techpoint #04-02, Singapore *****9 on Friday,1,757 words
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Advertisement1684 2013-04-04 17 MEDTECS INTERNATIONAL CORPORATION LIMITED (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Medtecs International Corporation Limited (the “Company”) will be held at Changi Room 3, Level 4, Holiday Inn Atrium, 317 Outram Road, Singapore *****5 on Monday, 29 April 20131,684 words
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Advertisement2780 2013-04-04 17 SAKAE HOLDINGS LTD. (Incorporated in Singapore on 2 July 1996) (Company Registration Number: *****4816E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sakae Holdings Ltd. (the “Company”) will be held at 28 Tai Seng Street, Sakae Building, Level 7, Singapore *****6, on Friday,2,780 words
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Advertisement4608 2013-04-04 18 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices 4 SWIBER HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4721 l\J) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of Swiber Holdings Limited (the “Company") will be held at 12 International4,608 words
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Advertisement507 2013-04-04 19 NIPPECRAFT LIMITED (incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING To All Shareholders NOTICE IS HEREBY GIVEN that an Annual General Meeting of the Company will be held at 9 Fan Yoong Road, Singapore *****7, on Friday, 26th April 2013, at 10:00 a.m. for the following purposes:507 words
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Advertisement2322 2013-04-04 19 GLOBAL INVESTMENTS LIMITED (Company Registration Number: EC*****) (Incorporated in Bermuda on 24 April 2006) NOTICE OF 2013 ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2013 Annual General Meeting of Global Investments Limited (the “Company”) will be held at Holiday Inn Singapore Orchard City Centre, Crystal Suite, 11 Cavenagh2,322 words
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Advertisement2130 2013-04-04 20 WATO NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF AVIMO ASIA PTE LTD (In Members’ Voluntary Liquidation) (Co. Reg No. *****3602N) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held pursuant to Section 179(6)2,130 words
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Advertisement322 2013-04-04 20 In The Matter Of The Companies Act, Cap. 50 And In The Matter Of DMG CAPITAL CORPORATION PTE. LTD. (Company Registration No. *****3493R) (In Creditors’ Voluntary Liquidation) Notice of Resolution At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held on the 26th day322 words
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Page 21 Advertisements
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Advertisement192 2013-04-04 21 Time is Money. We’ll make this brief MAERSK LINE BUDGET DEBATE New tonnage can be Innovate to boost r f managed with tourism: Iswaran JL/ discipline page 3 page 2 SME Inc T*. VVTP: A small firm with big dreams page 10 PRODUCTIVITY MAHERS Hooked on BizApps page 11 THE192 words
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Advertisement1411 2013-04-04 22 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg notices BONVESTS HOLDINGS LIMITED Company Registration No. *****0282M NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-Fourth Annual General Meeting of the Company will be held at The Sheraton Towers Singapore, 39 Scotts Road, Topaz Room, Level 2, Singapore1,411 words
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Advertisement1761 2013-04-04 22 •►International KOYO INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****0075E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Koyo International Limited will be held at Hotel Royal Singapore, 36 Newton Road, Singapore *****4 on Friday, 26th day of April1,761 words
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Page 23 Advertisements
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Advertisement18 2013-04-04 23 Chongqing villa buyers bring fine art sculptures into their homes To subscribe, call 6388-3838 or go to sphsubscription.com.sg18 words
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Advertisement3645 2013-04-04 23 VENTURE CORPORATION LIMITED (Incorporated In Singapore) (Co. Reg. No: *****2886H) NOTICE OF ANNUAL GENERAL MEETING Informal Briefing on Venture Corporation Limited FY 2012 Results President of the Company Tan Kian Seng will take questions on Venture Corporation Limited FY 2012 Results and contents of the 2012 Annual Report at 11.003,645 words
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Page 24 Advertisements
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Advertisement3595 2013-04-04 24 w notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CHINA XLX FERTILISER LTD. 41 g /j> gi /j> \t |E M PB W] (A limited liability company incorporated in the Republic of Singapore) (Company Registration No. *****0384G) Singapore Stock Code: B9R Hong Kong Stock Code: 1866 NOTICE OF EXTRAORDINARY GENERAL MEETING3,595 words
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Advertisement216 2013-04-04 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SCS ENTERPRISE SYSTEMS PTE LTD (In Member’s Voluntary Liquidation) (Company Registration No. *****6676K) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of216 words
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Page 25 Advertisements
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Advertisement4220 2013-04-04 25 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HIAP HOE LIMITED (Company Registration No. *****0676Z) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hiap Hoe Limited (“the Company”) will be held at Days Hotel Singapore at Zhongshan4,220 words
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Page 26 Advertisements
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Advertisement3335 2013-04-04 26 WILMAR INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4785Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at The Gallery, Level 2 Traders Hotel Singapore, 1A Cuscaden Road, Singapore3,335 words
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Page 27 Advertisements
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Advertisement131 2013-04-04 27 r Hire Mr Right. www.stjobs.sg Close to 60,000 hiring employers k 1 f More than 1 million i unique visitors Source: NetRatings, February 2013 Close to 600,000 job seekers Over 100,000 fans on social media sites More than 10 million page views and counting For enquiries, call Customer Care at131 words
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Page 28 Advertisements
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Advertisement1324 2013-04-04 28 J NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ;)[(<%`,.}%?,.)@~*=`'\/^*(!<^), FDS Networks Group Limited FDS NETWORKS GROUP LTD. (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of FDS NETWORKS GROUP LTD., an exempted company incorporated with limited liability in1,324 words
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Page 29 Advertisements
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Advertisement110 2013-04-04 29 Why your ideal job isn’t hard to find. ft Star Hub •mu I mw t i i i u i m Adecco Capita I Qtjctcikii’: A Q STAFFING 8c SEARCH •I* I ss w iff H il ►v. CM m■CM Mi m M ii: i i i r> i i110 words
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AVIATION/SHIPPING
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Article, Illustration372 2013-04-04 30 It expands codesharing with China Eastern; 130 Asia flights soon AFP Bloomberg Bloomberg [SYDNEY] Australia’s flag carrier Qantas has announced closer links with China Eastern Airlines to try to shore up traffic to Asia following the launch of its partnership withAFP; Bloomberg Bloomberg; PHOTO: AFP - 372 words
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302 2013-04-04 30 AFP Bloomberg [DUBAI] Dubai World Central, the emirate’s second airport, is to open for passenger flights from Oct 26 following repeated delays. Saudi Arabia’s Nasair will operate over 50 flights a week between Dubai and destinations in the kingdom, while Hungary-head-quartered budget WizzAFP; Bloomberg - 302 words
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400 2013-04-04 30 Earnings for VLCCs plunge 75% to US$11,624 a day Bloomberg [LONDON] Frontline Ltd, the oil-tanker operator led by shipping billionaire John Fredriksen, said it is rejecting some cargoes after a rout in rates for the vessels. Frontline is offering tankers for chartersBloomberg - 400 words
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370 2013-04-04 30 AP [PAGO PAGO, American Samoa] A tiny Samoa airline is giving passengers a big reason to lose weight: tickets sold not by the seat, but by the kilogramme. Samoa Air planned to start pricing its first international flights based on the weight ofAP - 370 words
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Article243 2013-04-04 30 SGX '000 Apr 3 S$ +/-Vol CH Offshore '000 Chuan Hup Hldg 0.27 -0.01 314 Cosco Corp 0.90 -0.01 3350 Ezra Hldgs 1.12 -0.02 5089 First Ship Lea 0.13 unch 121 Freight Links 0.08 unch 2515 Grand Banks 0.36 0.04 8 Jaya Hold Ltd 0.68 -0.02 74 K1Ventures243 words
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Page 30 Advertisements
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Advertisement441 2013-04-04 30 MOORE STEPHENS Ss m Singapore Shipping Forum 2013 The global shipping industry is set to face continued challenging business conditions as weak demand for goods and services continue to afflict the global shipping ecosystem. The structural imbalance within shipping has created an environment where sentiment fluctuates daily. The Moore Stephens441 words
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Page 30 Miscellaneous
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Miscellaneous365 2013-04-04 30 CRYPTIC CROSSWORD Across 1 Remaining message offering no hope to political radicals? (4,4) 9 Notice the male member of the family hugging one to establish bond (8) 10 Leader of Parliament involved in evil massaging of PR (4) 11 Hiram’s nephew worked somewhere in America (3,9) 13 Looks at lumps365 words
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Article1486 2013-04-04 31 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/New1,486 words
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Page 31 Advertisements
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Advertisement82 2013-04-04 31 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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EDITORIAL & OPINION
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491 2013-04-04 32 EDITORIAL IN a case watched by both Western and local drugmakers in the country, India’s high court this week rejected a patent application by Swiss pharmaceutical company Novartis for its cancer drug Glivec. The ruling means that India’s generic drugmakers can continue to sell491 words
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Article, Illustration822 2013-04-04 32 LEON HADAR - THE BOTTOM LINE LEON HADAR Washington Correspondent CHINA and the future of Sino-American relationship have become a central preoccupation of officials, lawmakers and pundits in Washington. In fact, not a day goes by without yet another Congressional hearing or think-tank conference822 words
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Article, Illustration926 2013-04-04 32 YUEN KAH HUNG - There’s need for improved technology and greater public education about electric vehicles By YUEN KAH HUNG The writer is an energy analyst with the Energy Studies Institute ELECTRIC vehicles (EVs) are often perceived by policymakers and the general public as a means of reducingPHOTO: AFP - 926 words
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Article, Illustration1103 2013-04-04 33 PRADUMNA B RANA, CHIA WAI MUN - Although still very much work in progress, the region’s economies have benefited significantly from the policies By PRADUMNA B RANA, CHIA WAI MUN The writers are Associate Professor at the SRajaratnam School of International Studies (RSIS), Nanyang Technological University (NTU). and Assistant Professor atPHOTO: BLOOMBERG - 1,103 words
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Article, Illustration849 2013-04-04 33 ANTHONY ROWLEY - ANTHONY ROWLEY Tokyo Correspondent HAVING been writing about financial matters for longer than I care to remember, I am coming to the conclusion that finance is too important a subject to be left to financiers be they commercial or investment bankers orPHOTO: BLOOMBERG - 849 words
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SINGAPORE STOCKS
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Article3409 2013-04-04 34 Transaction date: Apr 3 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol Day Last Quote 11 7 AEM --AAT C'vr 164 106 AIMSAMPIReit 160 +2 1479 161 1583,409 words
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Article219 2013-04-04 35 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale (‘000) High Low Buyer Seller Cvr P/E Smil unch219 words
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Article10534 2013-04-04 35 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited Asian Local Ccy SD Bond 0.9984/ Asian Smaller Cos 1 2 015/ China Opportunities 7 9186/ EM Local Ccy Bond 0.9981/ European Opportunities 1 1.167/10,534 words
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Article245 2013-04-04 35 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 +0.5 5897 45 44 44.5 45 2963 Last 260 181 TanChongInt HK250cd 252 254 4.3 2.8 8.4 5034.8 DISCLAIMER: All245 words
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Article943 2013-04-04 35 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 118 12 118 118 117.5 118 538.6 136.8 120.4 CIMB APAC Div 100S$D 136.1 136.6 137.5 111.7 95.8 CIMB APAC943 words
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FINANCE & COMMODITIES
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Article620 2013-04-04 36 Apr 3 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.09 *****.20 *****.05 Jun13 *****.00 *****.00 *****.00 *****.00 *****3 *****9 Sep13 *****.00 *****.00 *****.00 *****.00 151 1688 MSCI TAIWAN INDEX FUTURES SPOT 285.27 285.69 284.02 Apr13 284.10 286.60 284.00 285.40 ***** *****9 May13 285.50620 words
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373 2013-04-04 36 In local curr In S$ In US$ dy yr dy yr dy yr Apr 2 Index Change Change Change Change Change Change World Preliminary 1025.8 0.7 9.3 0.3 8.7 0.6 7.3 EAFE Preliminary 844.3 0.8 9.0 0.3 5.9 0.6 4.6 Europe Preliminary 1236.4 1.4 7.8373 words
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Article471 2013-04-04 36 Apr 3 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.062 6.492 0.817 8.126 56.909 102.026 0.979 11.705 3.231 1.243 102.905 42.823 1.296 9.665 0.995 31.255 30.711 0.693 1.047 Canada 0.941 6.112471 words
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Article70 2013-04-04 36 Apr 3 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 9 mths 9 mths SWAP Mid rates 12 mths70 words
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Article133 2013-04-04 36 Apr3 GOLD(US$/oz) Apr 03 Apr 02 Hong Kong 1579.00 1607.00 Apr 02 Apr 01 London 1582.50 1596.80 1583.65 1597.55 Source: Thomson Reuters CAST BAR Apr 03 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 140 62 5gm 398 312 10gm 712 624 20gm133 words
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Article92 2013-04-04 36 Apr 3 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*****X 19-Sep-13 0.25 1-Year BY*****X 01-Nov-13 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-13 100.07 100.12 100.12 5-Year N*****0T 2.37592 words
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Article57 2013-04-04 36 Apr 3 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 13 2334.0 2371.0 2337.0 2334.0 2 787 May 13 2344.0 2388.0 2388.0 2344.0 1471 ***** Jun 13 2350.0 2396.0 2397.0 2350.0 ***** ***** Jul 13 2362.0 2401.057 words
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Article155 2013-04-04 36 Apr 3 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2959 1.2967 1.0467 1.0471 Canadian dollar 1.2200 1.2208 0.9858 0.9854 Euro 1.5855 1.5863 1.2806 1.2809 NZ dollar 1.0429 1.0437 0.8423 0.8428 Sterling pound 1.8709 1.8717 1.5111 1.5114155 words
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Article108 2013-04-04 36 Apr 2 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 13 1394.00 1390.75 1405.75 1386.00 Jul 13 1374.50 1372.25 1386.00 1366.75 Aug 13 1342.00 1339.00 1352.50 1335.25 Sep 13 1285.00 1283.50 1295.00 1277.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 13108 words
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Article78 2013-04-04 36 Apr 2 COCOA (£/tonne) Close Prev High/Low May 13 1471 1467 1480/1471 Jul 13 1482 1477 1491/1479 Sep 13 1490 1486 1501/1489 Dec 13 1493 1489 1503/1492 COFFEE(US$/tonne) Close Prev High/Low May 13 2020 2051 2059/2017 Jul 13 2058 2074 2084/2055 Sep 13 2066 2080 2087/2063 Nov 13 206978 words
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924 2013-04-04 36 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv Ratio Exer Asiatravel.com HoldingsW*****7 3 1 25 15 Asiatravel.com HoldingsW*****5 3.3 1 27 39 Disc Best World Intl Ltd W*****5 Gearing BiosensoMBeCW*****3 Mths Biosensors MB eCW*****2 Asia-Pacific924 words
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Article70 2013-04-04 36 CRUDE OIL PRODUCTS Apr 02 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 110.64 0.27 WTI (Near Mth) 96.96 0.09 Dubai (1-Mth F) 107.70 1.59 Tapis blend 115.73 1.69 Minas 111.03 1.69 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 100.05 0.27 Jet Kerosene 123.17 1.56 US$/barrel OpecOil Basket70 words
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Article21 2013-04-04 36 Apr3 S$ Bid Offer 1-month 1.2380 1.2383 2-months 1.2379 1.2383 3-months 1.2378 1.2386 6-months 1.2374 1.2391 Source: OCBC21 words
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Article67 2013-04-04 36 Apr 2 Apr 2 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1851.00 1875.25 3 months 1884.00 1904.00 Copper, Grade A(US$/tonne) Cash 7435.50 7509.75 3 months 7465.00 7540.00 Lead(US$/tonne) Cash 2026.75 2090.75 3 months 2050.00 2112.00 Nickel (US$/tonne) Cash *****.00 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.0067 words
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Article121 2013-04-04 36 As at 9am Apr 03 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.326 1.263 Can dollar 1.250 1.191 Euro 1.626 1.549 Sterling pound 1.908 1.835 NZ dollar 1.076 1.016 US dollar 1.265 1.205 Local dollars to 100 units of foreign121 words
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Article157 2013-04-04 36 Apr 3 $S Offer Bid 0vernight 0.01 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ 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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PROPERTY
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Article, Illustration686 2013-04-04 37 NATHANIEL CHEW - However, rents in the city fringe and suburban markets are stable By NATHANIEL CHEW [SINGAPORE] THE office leasing market in the Central Business District (CBD) slowed slightly in the first quarter of this year, data from Colliers International showed. AverageST FILE PHOTO - 686 words
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591 2013-04-04 37 Landlords’ asking rents climbed 0.5% to US$1,102 Bloomb erg [SEATTLE] US apartment rents increased in the first quarter at their slowest pace since late 2011 amid a wave of construction that will further test landlords’ ability to raise rates, Reis Inc said.Bloomberg - 591 words
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Article604 2013-04-04 37 PROPERTY TRANSACTIONS FOR DISTRICTS 2 TO 28 WITH CONTRACT DATES BETWEEN MARCH 6 AND MARCH 12, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 2 NON-LANDED Spottiswoode Residences Apt 07/03/2013 FH 797 1826 2292 District 4 NON-LANDED The604 words
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559 2013-04-04 37 Bloomberg [NEW YORK] Related Cos agreed to sell one of its biggest Manhattan apartment towers to real estate investor Rubin Schron, a partial owner of the Woolworth Building, according to two people with knowledge of the deal. Mr Schron’s Cammeby’s International Group isBloomberg - 559 words
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Article, Illustration938 2013-04-04 38 The number of properties on the market plunged 34%, the most in more than 12 years of record keeping Bloomberg [NEW YORK] Manhattan apartment prices climbed in the first quarter as buyers competed for properties amid the biggest inventory decline in more than aBloomberg; PHOTO: BLOOMBERG - 938 words
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Article, Illustration1247 2013-04-04 39 Repossessions of homes more than double y-o-y in 2012 to a record 43,853 Bloomberg [MEXICO CITY] Just as the United States emerges from the worst of its foreclosure crisis, Mexico’s is getting worse. Home repossessions more than doubled last year to a record 43,853Bloomberg; PHOTO: REUTERS - 1,247 words
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2078 2013-04-04 40 KALPANA RASHIWALA - Liquidity, residential cooling measures boost deals in strata retail units By KALPANA RASHIWALA [SINGAPORE] Resales and subsales of strata retail units in the past couple of years have been predominantly profitable, shows a DTZ study. Those who buy and then sell such2,078 words
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Advertisement12 2013-04-04 37 Search.savills.asia IBB China Hong Kong Singapore Taiwan Thailand Vietnam Agency no. Lsoogesse12 words
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Advertisement424 2013-04-04 38 Building Wealth Through Global Property Investment We help our clients identify opportunities, BUILD PORTFOLIOS AND HELP THEM MAXIMIZE THEIR WORLD-WIDE ASSETS UNDER MINIMAL RISKS. mvM -wrHi friirr S ShBBS B i INCOME GENERATING ASSETS ~Benefit from secure and regular income returns plus long-term asset appreciation SINGAPORE Commercial buildings in business424 words
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Advertisement338 2013-04-04 38 KnightFrank.com.sg Detached B2 Factory (For Sale) Land Area Approx. 83,893 sf Gross Floor Area Approx. 61,994 sf Tenure JTC lease 30 30 years wef Mar 1995 Prominent frontage along Pioneer Road Easily accessible via AYE PIE Close proximity to the future MRT Stn Ideal for owner occupation as corporate headquarters338 words
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Advertisement195 2013-04-04 38 Elevated Freehold GCB Sites Jalan Asuhan AUCTION ON 26 APRIL 2013, 11.30 AM •Rare, elevated regular plots, paranomic unblocked view. •For sale separately, approx. 19,000 sf 26,000 sf each. •Option to acquire one or both. For enquiries, please call: 6222 1110 or Stella Hoh CEA Reg No. R*****8J 9235 2106195 words
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Advertisement425 2013-04-04 39 ii i southside LONDON BRIDGE SE1 if IT =»S ■t i»* F>V UFl m TfHB. 'SSf V ifnrfr Pk •ir \Tbw5L Vj: L?a»£— v. *"T w.> V/ Brand new all private V 1 and 2 bedroom luxury apartments moments from the London Bridge Quarter m of' m *vr i Hi425 words
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