The Business Times, 12 April 2013

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Microfilm: NL32546
Total Pages: 76
1 76 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SCI A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Friday, April 12, 2013
    25 words
  • Article, Illustration
    Lock icon Growth may hit floor in Q1, then rebound weakly
    750 1  -  Restructuring efforts may hamper economy’s ability to bounce back in a hurry By NISHA RAMCHANDANI [SINGAPORE] While firstquarter gross domestic product (GDP) figures are likely to emerge on the weak side, the big question is whether the widely anticipated rebound in
    Source: MAS  -  750 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,308.80 (+15.55) GST INDEX FUTURES 3,289.00 (+16.00) GSIMSCI 375.94 (+1.33) GSIMSCI FUTURES 373.90 (+1.90) US$ S$ US$ (S$ per US$) 1.238 (US$/S$ per 1.536 1.901 EURO (US$/S$/€ 1.308 1.618 Foreign currency per US$ S$ YEN 99.60 80.50 RM 3.035 2.452 HK$ 7.763 6.272 BAHT 29.03 23.45 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Thursday Change KL COMP 1,707.04 +10.84 NIKKEI 225 13,549.16 +261.03 HANG SENG 22,101.27 +66.71 SET INDEX 1,516.81 +26.56 JAKARTA COMP 4,924.26 +46.79 MANILA COMP 6,831.74 +15.90 SEOUL COMP 1,949.80 +14.22 SHENZHEN B 787.49 +6.97 MUMBAI IND 18,542.20 +127.75 11.30am EDT Change DOW 14,872.16 +69.92 NASDAQ 3,305.00 +7.75
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    • Article
      Lock icon PRIME RATES
      21 1 SINGAPORE 5.38 MALAYSIA 6.55 INDONESIA 5.00 TAIWAN 13.360 TAIWAN 5.036 BRITAIN 1.475 KOREA 9.33 BRITAIN INDIA US Source: Bloomberg
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  • Article, Illustration
    Lock icon Despite Dubai deal, Qantas ramps up S’pore traffic
    860 1  -  Increase in carrier’s pan-Asian services to make up for loss of European flights By JOYCE HOOI [SINGAPORE] Singapore might have lost its position as a hub for Qantas’s Eu-rope-bound flights, but it will not lose its throne as the airline’s largest hub
    PHOTO: REUTERS  -  860 words
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      64 1 COMMENTARY Is retail Reit for CDL likely? PAGE 9 EXECUTIVE LIFESTYLE Giving with art and soul PAGE 76 SINGAPORE MARITIME WEEK Evolving showcase with broad reach PAGES 39-44 FED LEAK Accidental leak of market-moving Fed info PAGE 32 *****1 *****4 PANERAI.COM HISTO RYan d HEROES LU MINOR 1950 3 DAYS
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      23 1 BT PROPERTY CLASSIFIEDS BT’s CATS property feature is now available to BTO subscribers. To subscribe to BT Property Classifieds, email cats8@sph.com.sg PAGES 58-61
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  • TOP STORIES
    • Article
      Lock icon More goodies for ailing shipping sector
      713 2  -  Less port dues to save industry $11m per year; green discounts announced By LYNN KAN [SINGAPORE] With shipping companies firmly in cost-saving mode, Singapore is extending more goodies to make sure its business environment and port remains “conducive” for maritime companies and vessel calls.
      713 words
    • Article, Illustration
      Lock icon S’pore-Shanghai team wins US$1m ‘future container port’ challenge
      621 2  -  Long-time rivals pair up to beat six other finalists for award By LYNN KAN [SINGAPORE] The ports of Singapore and Shanghai have been competing with each other for years for the title of the world’s busiest port. This rivalry just got friendlier:
      621 words
    • Article
      Lock icon Tips traded on golf course led to KPMG exec’s downfall
      765 2 Scott London passed on confidential data about 2 clients to friend NYT [NEW YORK] Federal agents secretly photographed a former senior KPMG executive accepting a cash payment in exchange for secret information about the companies he audited, according to a
      NYT  -  765 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      484 2 Growth may hit floor in Q1, then rebound weakly WHILE first quarter gross domestic product figures are likely to emerge on the weak side, the big question is whether the widely-anticipated rebound in subsequent quarters might prove subdued due to constraints arising from restructuring efforts. The official flash
      484 words
    • Article
      Lock icon IMF warns of collateral damage from stimulus
      654 4  -  it adds delayed balance sheet repair at banks could raise credit risks By ANTHONY ROWLEY in Tokyo THE world’s leading central banks have helped to stabilise the global economy with a barrage of unconventional policy actions but these could result in serious collateral
      654 words
    • Article
      Lock icon Govt to invest $65m in IP manpower
      581 4  -  Move is under plan to develop S’pore as global intellectual property hub By GRACE NG [SINGAPORE] The Intellectual Property Office of Singapore (IPOS) will invest $65 million this year to enhance intellectual property (IP) manpower and capabilities here. The move is being made
      581 words
    • Article
      Lock icon Malaysian Feb industrial output down sharply
      498 4  -  By in S JAYASANKARAN in Kuala Lumpur MALAYSIA’S industrial production in February contracted 4.5 per cent from a year earlier, the steepest such fall since May 2011 and way below the 5.2 per cent growth achieved in January. The consensus estimate had been a
      498 words
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      147 3 The benchmark for luxury. Now with complimentary COE. Enjoy free COE and immediate registration on the Audi A7 and Audi A8. Limited units only*. Don’t miss out on this great opportunity to drive ahead with the Audi A7 or Audi A8. With the amazing deal on our premium range, there’s
      147 words
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      486 4 Goa ry/Je V'vny Proudly Presented by A CELEBRATION OF JAPANESE CULTURE FINE CUISINE 26 APRIL TO 31 MAY 2013 i JCB Cardmembers enjoy 20% discount on all Gastronomic Japan, Taste Japan and Mixology Japan Promotions. Not a JCB Cardmember? Apply for the DOB JCB Platinum Card now at www.uob.com.sg/jcbcard GASTRONOMIC
      486 words
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      481 5 XX XX Global Expertise. Local Focus. DTZ is an established cosmopolitan firm that enjoys a solid reputation for providing leading-edge property insight and on-the-ground delivery to investors, developers and corporate clients. A global entity that spans 208 cities across 52 countries, we recognise that every market is different and has
      481 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Trifigura bond gets great response
      567 6  -  By SIOW LI SEN TRAFIGURA, the world’s third biggest commodity trader, has wasted little time in tapping funds from liquidity-flush Asia, less than a year after it moved its trading hub to Singapore from Geneva. On Wednesday, Dutchbased Trafigura Beheer BV successfully sold an inaugural
      PHOTO: BLOOMBERG  -  567 words
    • Article
      Lock icon Kris Energy closer to listing after Bangladesh deal?
      550 6  -  By RONNIE LIM KRIS Energy, established by the former founders of Pearl Energy and which counts Keppel Corporation as a stakeholder, is moving ever closer to a listing on the Singapore Exchange, especially following its latest foray into Bangladesh this week. The
      550 words
    • Article
      Lock icon China Fishery in bidding war for Peru’s Copeinca
      568 6  -  It has to seek fresh shareholder nod as raised bid values deal at US$730m By ANDREA SOH CHINA Fishery Group has entered into a bidding war with Norwegian fish farming firm Cermaq, increasing its bid to 59.7 krone (S$12.9) per share to
      568 words
    • Article
      Lock icon Derivatives seen boosting SGX future earnings
      727 7  -  Percentage contribution from this segment growing By LEE MEIXIAN OVER the next five years, Singapore Exchange (SGX) is expected to generate more income and turnover from derivatives, compensating for the slowing growth in its traditional cash cow securities business. To be sure, securities still
      727 words
    • Article
      Lock icon Lian Beng’s 9-mth profit falls 25.7% to $30.14m
      377 7  -  Profit fall due to absence of gain, higher operating expenses By TEO SI JIA CONSTRUCTION company Lian Beng’s net profit for the nine months ended Feb 28, 2013 fell 25.7 per cent to $30.14 million from $40.56 million a year earlier, as
      377 words
    • Article, Illustration
      Lock icon Soya bean prices slump as China seen to import less
      539 7 Outbreak of bird flu reduces demand for poultry and livestock feed Bloomberg [SINGAPORE] China, the world’s largest soya bean buyer, will probably import less this year as an outbreak of bird flu curbs demand for poultry, a Wilmar International Ltd
      Bloomberg; PHOTO: BLOOMBERG  -  539 words
    • Article
      Lock icon SGX iron ore contracts set records
      392 7  -  By KENNETH LIM THE Singapore Exchange (SGX) iron ore swap contract touched a new monthly record volume of 18.5 million tonnes in March, according to data from the market operator. The 36,995 lots traded during the month beat the previous record of 17.7 million
      392 words
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      141 6 Beautiful&Sensual DINNER AT O R GO OC T O P U S PERF O RMAN C E AT E S PLANADE A beautiful night for you and your girlfriends with Kiss92 DJs Maddy, Jason Arnold! Enjoy a rooftop dinner at Orgo and a mesmerizing visual performance from award-winning French choreographer
      141 words
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      327 7 Sim Kee Boon Institute for Financial Economics Indices: Theory and Applications SKBI Annual Conference on Financial Economics Indices, which are widely used in economics and finance by consumers, investors, regulators and economic entities, are the overarching theme for the SKBI Annual Conference 2013. The conference will explore the concepts and
      327 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Traders call the shots as volume sags
      604 8  -  Rotation of penny stocks continues; STI rises 15.6 points with the support of bank counters STOCKS R SIVANITHY Senior Correspondent IT WAS a familiar pattern that manifested itself in yesterday’s trading: In the morning session, the Straits Times Index (STI) rose sharply in
      Source: Bloomberg  -  604 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 8 Apr 11 VALUE CLOSE BT OB/OS -390.00 -35.00 BT CADI -*****.00 +62.00 BT 10-day MA -*****.00 -39.00 FTSE ST Mid Cap 833.30 +3.04 FTSE ST Small Cap 585.59 +3.53 FTSE ST All Share 818.58 +3.76 FTSE ST China Top 220.15 +1.04 FTSE ST China 248.52 +1.21 FTSE
      73 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      51 8 VOLUME WE Hldgs 194,750,000 AdvanceSCT 177,739,000 Contel 168,470,000 SingHaiyi 135,356,000 IPCO Intl 114,813,000 MDR 108,351,000 Innopac 97,998,000 Albedo 71,487,000 Interra 69,970,000 Magnus 68,732,000 VALUE($) DBS Grp 61,335,770 SingTel 61,252,859 UOB 42,353,560 CapitaLand 39,116,375 Interra 36,474,565 CapitaMall 32,776,850 Olam 30,930,880 Keppel Corp 28,665,040 SPH 28,000,270 Golden Agri 26,409,190
      51 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 5 3 0 0 0 7 5 3 Manufacturing 53 54 29 4 11 16 57 65 45 Commerce 26 20 20 6 7 3 32 27 23 Tpt/Stor/Comms 22 9 11
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 68,144 68,144 63,451 63,451 Manufacturing 560,612 116,966 677,578 193,560 9,082 202,642 Commerce 182,588 347,499 530,087 97,574 26,316 123,890 Tpt/Stor/Comms 120,444 16,406 136,850 169,574 6,342 175,916 Finance 115,910 256 116,166 161,700 110 161,810 Construction 206,525 24,424
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      950 8  -  Compiled by LYNN KAN Singapore Utilities Credit Suisse, April 11 FOLLOWING the completion of Singapore’s LNG terminal in Q2 2013 which will increase gas supply into the country, power generation capacity is expected to increase by 3.0 gigawatts or 30 per cent in 2013-14. Based on the Credit
      Source: Bloomberg  -  950 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      115 8 Stock name Close Change CapMallsAsia 1.995 +0.010 CapitaLand 3.530 +0.070 CapitaMall 2.200 +0.020 CityDev 11.27 +0.050 ComfortDelGro 1.920 +0.005 DBS Grp 15.65 +0.050 GLP 2.770 +0.010 Genting SP 1.455 -0.005 Golden Agri 0.565 -0.005 HK Land 7.400 +0.070 HPH Trust US$ 0.850 +0.010 JMH 65.05 +0.400
      115 words
    • Article, Illustration
      Lock icon Pause in dollar’s ascent against yen
      462 8 CURRENCIES Reuters [LONDON] The US dollar paused yesterday before an expected assault on the 100-yen level, but the yen extended its falls against other currencies and hit a three-year low against the euro. The euro was helped as Italy’s three-year debt costs fell to
      Reuters; PHOTO: BLOOMBERG  -  462 words
    • Article
      Lock icon RISES
      107 8 BY CENTS CLOSE UP DBXT MSEurope 10US$ 5037 144.8 2.4 DBXT E50 10US$ 4123 131.2 2.6 DBXT AUD Bonds 5AU$ ***** 130.6 0.5 Jardine C&C 5155 101.0 2.0 JSH 3864 79.2 1.7 DBXT MSAsExJp 10US$ 3249 76.7 1.9 DBXT MSKorea 10US$ 5658 71.8 1.0 JMH 6505 49.5 0.6 UOB
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    • Article
      Lock icon FALLS
      125 8 BY CENTS CLOSE DOWN DBXT MSJAP 10US$ 4369 -479.0 -8.1 GLD 10US$ ***** -247.5 -1.3 DBXT iBoxxSing 5SG$ ***** -51.0 -0.4 DBXT S&P Short 10US$ 3116 -42.1 -1.1 CMProp 2300 -15.9 -4.2 DBXT CSI300 10US$ 780 -13.6 -1.4 Petra 421 -12.0 -2.8 STXPO 100 410 -10.0 -2.4 M1 293
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
    • Article
      Lock icon Retail Reit for CDL? That ship sailed a long time ago
      870 9  -  HOCK LOCK SIEW By KALPANA RASHIWALA STANDARD Chartered Bank suggested in a recent report that City Developments Ltd (CDL) could potentially spin off a real estate investment trust (Reit) holding its retail property assets. This portfolio totalling about 1.7
      870 words
    • COMPANY BRIEFS
      • Article
        Lock icon S&P lowers ThaiBev long-term rating
        82 9 STANDARD and Poor’s (S&P) Rating Services has downgraded its long-term corporate credit rating on Thai Beverage from “BBB” to “BBB-“ with a negative outlook. “We expect the company’s debt to remain high and its cash flow adequacy to stay weak over the next 24 months
        82 words
      • Article
        Lock icon TEE Int’l Q3 earnings down 21.7%
        45 9 DESPITE a doubling of revenue to $53 million for the third quarter ended Feb 28, a greater increase in cost of sales eroded TEE International’s gross margin. Net profit attributable to shareholders tumbled 21.7 per cent to $1.4 million.
        45 words
      • Article
        Lock icon One-time gains lift GKE’s Q3 profit
        102 9 LOGISTICS service provider GKE Corporation, previously Van der Horst Energy Limited, reported a more than trebling of its net profit from $3.6 million to $11.4 million for the third quarter ended Feb 28, due mainly to the revaluation of assets and sale of assets
        102 words
      • Article
        Lock icon Auditors flag concern over China Energy
        93 9 MOORE Stephens LLP has raised a “going concern issue” on China Energy in an “emphasis of matter”. Without qualifying its opinion, it drew attention to the group’s net loss of 285.9 million yuan (S$57 million) for the year ended Dec 31, 2012. As at
        93 words
      • Article
        Lock icon Management changes at Hyflux
        131 9 HYFLUX will see its management committee expand from seven to nine from May 1 following a number of changes. Group executive vice-president and group CFO Cho Wee Peng has resigned to pursue his personal interests and will be with Hyflux till June 28. Taking over from
        131 words
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      2699 9 ECS ti m r4 n NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifteenth Annual General Meeting of the Company will be held at 19 Kallang Avenue #07-153 Singapore *****0 on Monday, 29 Apr! 2013 at 3.00 p.m. to transact the following business Ordinary Business 1 To
      2,699 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon 15 start-ups get $6m in grants from Spring
      615 10  -  Projects include medical devices, electronics and engineering By FELDA CHAY IF you have longed for a way to have home-made chapati without having to go through the laborious preparatory process, your wish might be closer to being fulfilled. Zimplistic, a local start-up,
      FILE PHOTO  -  615 words
    • Article
      Lock icon Minister urges businesses to help lower-income families
      315 10  -  By LIM JIA YING ACTING Minister for Social and Family Development Chan Chun Sing urged businesses to contribute actively to bettering the lives of lower-income individuals, to forge a more inclusive society. At a cheque presentation ceremony involving Courts Singapore, LG and the
      315 words
    • Article
      Lock icon Families splurge on education here
      486 10  -  And it’s becoming a trend across the region too, MasterCard survey shows By AMANDA TAN IF you took a group of households in Singapore and picked one at random, there is almost a threequarters chance of you selecting a household whose children go for extra-curricular
      486 words
    • Article, Illustration
      Lock icon Jayakumar joins Drew & Napier as consultant
      471 10  - Jayakumar joins Drew Napier as consultant He’ll lead practices in int’l law, trade, constitutional law By GRACE LEONG ONE of Asia’s longest serving Law Ministers who helped Singapore’s legal services sector take its first steps towards liberalisation, Professor S Jayakumar, will be joining Drew Napier LLC on May 1 as
      471 words
    • Article
      Lock icon Sengkang West Way site attracts strong interest
      555 11  -  UOL’s top bid of $489 psf ppr exceeds analysts’ expectations By NATHANIEL CHEW A 99-YEAR leasehold private residential land parcel at Sengkang West Way drew a top bid of $262.1 million, or about $488.84 per sq ft per plot ratio (psf ppr). The
      555 words
    • Article, Illustration
      Lock icon NTU system for post-stroke therapy cuts costs too
      486 11  -  By NG SAI YING RESEARCHERS at the Nanyang Technological University (NTU) have taken af-ter-stroke therapy forward with a system that tracks patients’ brain and muscle signals, and racks up cost savings for hospitals and patients. Clinical investigations are ongoing at Tan Tock
      486 words
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      205 10 Wine, 4 P Wine Dinner Tuesday, 16 April CHATEAU-RJISSE Presented by Winemaker Antoine Vincent Featuring exceptional chardonnays from Pouilly-Fuisse, Burgundy, including the premier Tete de Cru rated 91 points by Burghound. $150 per person h.s,l€iu Reservations: 6730 3395/ilcielo@hilton.com Level 24 Hilton Singapore 581 Orchard Road Singapore *****3 facebook.com/hiltonsingapore GIVE THANKS
      205 words
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      392 11 Wine, Dine gnts yfj > Rk refreshing indulgence Sit back and indulge in a wide range of curated beers, boutique wines and spirits at Atrium, with its dramatic 22-metre long bar and eclectic collection of seating pods over a reflection pool. From 5.00pm to 8.00pm daily, enjoy draft beers on
      392 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Bitter fight in Indonesian sugar market
      683 12 Refineries want greater access to market but traders oppose move Reuters [JAKARTA] When Indonesian white sugar prices surged to record peaks last year, profits slumped at the small fruit and syrup drinks stall run by Lie Lie in Medan, the archipelago’s fourth largest city.
      Reuters; PHOTO: REUTERS  -  683 words
    • Article
      Lock icon Plug pulled on 2 Gulf jobs won by KL firms
      810 12 WCT loses bid for RM1b highway in Oman; MMC’s Saudi deal goes awry [PETALING JAYA] A coincidence or the start of a trend? Malaysia’s The Star reported that on Monday, two major construction firms revealed that the plug had been
      810 words
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      212 12 r 1 f/yj I J ni/.^/ ate/ Sr, H CROSS'* 5 f? 7 Awarded Best in Cross Media Advertising (Silver) for Asian Digital Media Awards 2012 li Your ideal candidate, now one package deal away. Privileges you'll enjoy: Most reliable localised jobseekers database comprising Singaporeans and PRs Advanced matching technology
      212 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China commodity imports pick up in modest recovery
      744 13 Investors hope China can offset resurgent worries over Europe’s debt crisis Reuters [SHANGHAI] Chinese imports of key commodities rebounded in March from the month before as hopes of a strengthening economy encouraged end-users to ramp up output and cautiously replenish stocks. With
      Reuters; PHOTO; REUTERS  -  744 words
    • Article
      Lock icon Striking Hong Kong port workers resume talks with employers
      265 13 Bloomberg [HONG KONG] Striking dockworkers at Hongkong International Terminals Ltd, the port operator backed by billionaire Li Ka-shing, were scheduled to resume talks with their employers yesterday afternoon after discussions yielded no agreement on Wednesday. The meeting was scheduled at 2:30pm
      Bloomberg  -  265 words
    • Article
      Lock icon Online sites take action to prevent spread of bird flu
      455 13 Bloomberg [HONG KONG] Alibaba Group Holding Ltd and other Chinese e-commerce sites are taking steps to protect against the spread of bird flu as concerns rise the H7N9 variant that’s killed nine people could spur an epidemic. Alibaba’s e-commerce platform
      Bloomberg  -  455 words
    • Article, Illustration
      Lock icon No plans to introduce circuit breakers: HKEx
      481 14 it rejects calls to install them, saying current trading system works well Bloomberg [HONG KONG] Hong Kong Exchanges Clearing Ltd has no plans to introduce limits on stock-price moves or volatility after 25 market participants last year suggested the consideration of so-called circuit
      Bloomberg; PHOTO: BLOOMBERG  -  481 words
    • Article
      Lock icon China slams wild RQFII quota requests
      300 14 Reuters [HONG KONG] China’s foreign exchange regulator has criticised aggressive quota applications submitted by overseas institutional investors to gain access to the country’s domestic financial market. The country’s State Administration of Foreign Exchange (Safe) believes that some requests for quotas far exceeded the actual
      Reuters  -  300 words
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      116 13 IOUR ENTION LITTLE DETAILS bIcIns UUITH YOURS. With an entire floor to keep your children engaged as our latest collections occupy you, luxury is being able to divide your duties without sacrificing any attention. Armani Junior Beauty. Mums. Babies. Blossom Friends Chateau De Sable Early Learning Centre ELM Tree Fox
      116 words
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      2861 14 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg notices ADVANCED INTEGRATED MANUFACTURING CORP. LTD. AGRA Registration Number: *****5216C (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of the Company will be held at Seminar Room, Keppel Club,
      2,861 words
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      2049 15 Hosen Group Ltd 267 Randan Loop Singapore *****9 Tel: (65) 6595 9222 Fax: (65) 6779 0186 ltd www.hosengroup.com NOTICE OF ANNUAL GENERAL MEETING I* HosenGroup NOTICE IS HEREBY GIVEN that the Annual General Meeting of HOSEN GROUP LTD. (the “Company') will be held at 267 Randan Loop Singapore *****9 on
      2,049 words
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      2361 15 DeClout Limited Company Registration No.: *****7764W NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of DeClout Limited (the “Company”) will be held at Asian Civilisations Museum, 1 Empress Place, Singapore *****5 on Monday, 29 April 2013 at 2 p.m. to transact the following
      2,361 words
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  • INDIA
    • Article, Illustration
      Lock icon Sahara boss says his assets add up to just 50m rupees
      385 16 Re uters [MUMBAI] Often described in media reports as a billionaire, the boss of India’s unlisted Sahara conglomerate said on Wednesday he had assets totalling roughly 50 million rupees (S$1.14 million). Subrata Roy, locked in a battle with the
      Reuters  -  385 words
    • Article
      Lock icon Hotel chains find a way to dodge Indian red tape
      616 16 They buy hotels from debt-laden domestic owners and rebrand them Re uters [MUMBAI] Starwood Hotels Resorts Worldwide Inc got a 104-room hotel up and running in India in less than 12 months, bypassing years of red tape by rebranding an
      Reuters  -  616 words
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      2610 16 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg notices BUMITAMA AGRI LTD. (Incorporated in the Republic of Singapore) (Company Registration Number: *****6741R) OTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of BUMITAMA AGRI LTD. (the “Company") will be held at Raffles City Convention Centre,
      2,610 words
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      2125 17 PETRA FOODS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****3096C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of PETRA FOODS LIMITED (Company) will be held at Mandarin Orchard Singapore, Imperial Ballroom, 35th floor, Orchard Wing, 333 Orchard Road, Singapore *****7
      2,125 words
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      3027 17 INNOTEK LIMITED INIMarrEK (Incorporated in the Republic of Singapore) Company Registration No. *****8431Z NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 17th Annual General Meeting of INNOTEK LIMITED (“Company”) will be held at The Casuarina Suite A, Level 3. Raffles Hotel, 1 Beach Road, Singapore *****3 on
      3,027 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Kuroda: Steps taken enough to hit target
      645 18 But he may be trying to head off criticism at G-20 meeting by signalling limits Bloomberg [TOKYO] Haruhiko Kuroda said the unprecedented stimulus announced by the Bank of Japan at his first meeting as governor last week is enough to achieve a 2
      Bloomberg; PHOTO BLOOMBERG  -  645 words
    • Article
      Lock icon Italy hikes public debt targets for 2013 and 2014
      466 18 There’s now room for less restrictive fiscal policy, it says Reuters [ROME] Italy’s caretaker government has sharply hiked its targets for public debt this year and next despite waves of austerity measures, and said there was now room for less restrictive
      Reuters  -  466 words
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      2344 18 AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CONSCIENCEFOOD HOLDING LIMITED (Incorporated in Singapore with limited liability) (Company Registration Number: *****2581E) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Consciencefood Holding Limited (the “Company”) will be held at 1 Robinson Road #18-00AIATower Singapore
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      428 18 IN THE MATTER OF THE COMPANIES ACT (CAP. 50), SECTION 78B(1)(C) AND IN THE MATTER OF EMPORIUM SUPERMARKET HOLDINGS PTE. LTD. (Incorporated in the Republic of Singapore Company Registration No: *****0150E) NOTICE IS HEREBY GIVEN THAT the following special resolution was passed by written means by members of Emporium Supermarket
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      4414 19 katc notices 1 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices R PENGUIN INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.*****0165Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2013 Annual General Meeting of Penguin International Limited (the “Company”) will be held on Friday, 26 April
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  • WORLD
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      Lock icon S Korean central bank resists rate cut pressure
      489 20 Bloomberg [SEOUL] The Bank of Korea held borrowing costs unchanged for a sixth month, resisting pressure from the government for a reduction even as a sliding yen hurts the nation’s exporters and North Korea threatens war. Governor Kim Choong Soo and his
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      Lock icon US home-building on the rebound after 6-year slump
      571 20 Some 500,000 jobs seen to be generated this year and 700,00 next year Bloomberg [ATLANTA] Paul Laney landed a job two months ago as a home inspector in Woodstock, Georgia, as the city added staff to oversee a growing residential construction industry.
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      Lock icon UK putting onus on banks when products go awry
      459 22 They can no longer claim the caveat emptor defence, says new regulator Reuters [LONDON] Britain’s new watchdog has announced sweeping changes in financial regulation, telling banks they can no longer blame customers when products go wrong and promising to study how
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      461 22 Property boom may trigger earlier increase in interest rates, says finance minister Bloomberg [WELLINGTON] Home sales in New Zealand rose to the highest in almost six years as prices surged, adding to a property boom that Finance Minister Bill English said might trigger an
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      533 24 Traders add to bet that interest rate will be cut to record low 2.75% in August Bloomberg [SYDNEY] Australia’s unemployment rate climbed in March to the highest level in more than three years, sending the local dollar and bond yields lower as traders
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      281 24 Report quotes source as citing insider trading concerns Reu ters [WASHINGTON] US law enforcement officials have reversed a decision to wind down an investigation into how news agencies handle the release of economic data to investors, concerned that some sensitive information may have
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      Lock icon End of golden age of gold, say analysts
      764 26 Goldman Sachs latest to predict metal will sink to US$1,390 in a year NYT [NEW YORK] Below the streets of Lower Manhattan, in the vault of the Federal Reserve Bank of New York, the world’s largest trove of gold half a million
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      388 28 AP [ATHENS] Financially struggling Greece said it achieved a primary budget surplus of 508 million euros (S$824 million) in the first quarter despite weakening revenues, beating targets agreed with rescue lenders, and managed to lower its deficit more than expected last year to
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      671 28 But there are signs the funds won’t remain as the hunt for yields begins Reuters [TOKYO] Japanese investors repatriated record amounts of money through February and March as they reaped the Bank of Japan’s new super-loose policy bonanza for markets, but the seasonal
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      720 29 Firms seen selling over US$100b of debt this year to lock in cheap funding Bloomberg [LONDON] The world’s biggest fund managers see Europe’s junk-bond boom continuing as the prospect of further interest-rate cuts and sustained demand for higher-yielding assets push issuance to a record.
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      519 30 Bloomberg [PRAGUE] Slovenian political leaders are facing mounting pressure to solve the nation’s banking woes and avert a fiscal crisis after the European Union’s sternest warning yet that action is needed. Parliament in the capital, Ljubljana, were expected to debate a plan to
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      619 30 They must boost competitiveness and help eurozone out of crisis: top EC official NYT [BRUSSELS] The struggling economies of France and Italy are out of step with bet-ter-performing countries like Germany, raising the prospect of more trouble for the eurozone, the European Union’s
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      426 32 AP [TOKYO] Toyota, Honda and Nissan are recalling more than two million vehicles globally for an identical problem with air bags on the passenger side whose inflator may burst, sending plastic pieces flying. No injuries have been reported related to the
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      Lock icon Many banks get early release of Fed minutes
      644 32 Accidental leak raises question on why private parties are on the email list Bloomberg [WASHINGTON] Citigroup Inc, Goldman Sachs Group Inc and JPMorgan Chase Co were among at least 15 financial companies that received potentially mar-ket-moving Federal Reserve information 19 hours before
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      497 32 ‘High hundreds of millions of euros’ in reductions achieved Bloomberg [MUNICH] Siemens AG, Europe’s largest engineering company, said its industry division will cut about 3,000 jobs as part of the company’s six-billion-euro (S$9.7 billion) savings programme to counter falling demand.
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      Lock icon Global PC shipments in Q1 down 14%
      533 33 Drop is the worst on record; consumers opting for tablets, smartphones Bloomberg [SAN FRANCISCO] Person-al-computer (PC) shipments plummetted in every region of the world in the first quarter as buyers opted for smartphones and tablet computers and Microsoft’s newest operating system met with
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      692 34 Loans taken out for undergraduate studies could climb to US$400,000 Bloomberg [NEW YORK] Mark Moy came to the US from China, paid his way through medical school at the University of Illinois in the 1970s and became an emergency room physician. His son Matthew,
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      Lock icon In vitro fertilisation pioneer Robert Edwards dies at 87
      526 34 NYT [NEW YORK] Robert Edwards, who opened a new era in medicine when he joined a colleague in developing in vitro fertilisation, enabling millions of infertile couples to bring children into the world and women to have babies even in menopause,
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      Lock icon Paper money going the way of the dinosaur in Sweden
      589 35 Swedes rely on credit cards, Internet and cellphones to make payments Bloomberg [STOCKHOLM] If you’re looking for Swedish cash, don’t go to a Swedish bank. Most of the country’s biggest lenders, SEB, Swedbank and Nordea Bank, have stopped manual cash-handling
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      Lock icon Morgan Stanley, JC Penney at risk of hostile bids: report
      381 36 Reuters [BOSTON] Corporate raiders take note: new research finds that financial services company Morgan Stanley and retailer JC Penney are among the most vulnerable to hostile takeovers. The two rank among the top 10 US corporations where control is concentrated
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      Lock icon More sanctions expected, says JPMorgan CEO
      540 36 Derivatives bet that went wrong ‘opened us up to severe criticism’ Bloomberg [NEW YORK] JPMorgan, which is under regulatory orders to tighten internal controls following a record trading loss last year, will face more sanctions in the coming months, according to chief executive officer
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      Lock icon More horses in Spain heading for abattoirs
      568 37 Bought during the boom years, many have also been abandoned by their owners or illegally killed NYT [CHAPINERIA, Spain] Like his father and grandfather before him, Alberto Martin breeds horses, raising them on two farms, one of them here on the outskirts of
      NYT; PHOTO: AFP  -  568 words
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      3121 20 beats notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices NOTICE OF NINTH ANNUAL GENERAL MEETING YOUYUE INTERNATIONAL LIMITED (formerly known as Youcan Foods International Limited) (Company Registration No.: *****1338W) (Incorporated In The Republic of Singapore with limited liability) YOUYUG YOUYUE INTERNATIONAL LIMITED NOTICE IS HEREBY GIVEN that the Annual General Meeting
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      1693 21 >4* WATS NOTICES HONG FOK CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****0468N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Forty-Fifth Annual General Meeting of HONG FOK CORPORATION LIMITED will be held at 360 Orchard Road #03-11, International Building, Singapore *****9 on
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      3465 21 A DMX TECHNOLOGIES GROUP LIMITED (Incorporated in Bermuda on 29 October 2001) (Company Registration No. *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting ("AGM") of DMX TECHNOLOGIES GROUP LIMITED (the "Company") will be held at M Hotel, Anson
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      3129 22 BSAISa NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices (Company Registration No.: *****1039W) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Third Annual General Meeting of the Company will be held at Grand Mercure Roxy Hotel, Amber Room, Level 3, 50 East
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      4007 23 v BEATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HTL INTERNATIONAL HOLDINGS LIMITED (The “Company”) (Registration No. *****4162H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held on Monday 29 April 2013 at 9.30 a.m. at 11 Gul Circle
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      315 23 IN THE MATTER OF IPACS TECHNOLOGY PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) REGISTRATION NO. *****2700E NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final General Meeting of the member and creditors of the abovementioned Company will be held at One Raffles Quay,
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      2337 24 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CHINA JISHAN HOLDINGS LIMITED (Incorporated in Singapore with limited liability) (Company Registration No. *****0591E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of China Jishan Holdings Limited (the “Company”) will be held at Furama River Front
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      39 24 FM klSS92 All the great songs in one place I KISS92 CMck, s A Catch the Nissan-Kiss92 Kiss Mobile for car decals and great prizes! Tune in to Kiss92 for more details! 17 APRIL (WEDNESDAY), 6:00PM k1ss92.sg facebook.com/kiss92fm Q@kiss92fm
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      3533 25 HI-P INTERNATIONAL LIMITED Company Registration Number *****4817H (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hi-P International Limited (the “Company”) will be held at Albizia Room, Level 2, Jurong Country Club, 9 Science Centre Road, Singapore *****8
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      2134 26 wt [«;AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CHINA BEARING (SINGAPORE) LTD. 中 (Incorporated in the Republic of Singapore) (Registration No. *****2048E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of the Company will be held at the Royal Room 2, Level
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      108 26 Discover a total solution for your every business need it fir* J C ij ASIA 10-12 JULY 2013 Marina Bay Sands Singapore www.OfficExpoAsia.com Organised By: BIZLINK Exhibition Services Pte Ltd A SUBSIDIARY OF S|Sl Blk 8 Lorong Bakar Batu, #07-07 Singapore *****3 Tel: (65) 6848 5938 Fax: (65) 6848 4182
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      1451 27 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ORIENTAL GROUP LTD. Company Registration No. *****1998C (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Oriental Group Ltd. will be held at The Fullerton Hotel Singapore Board Room, Lower
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      2439 27 CHINA MINING INTERNATIONAL LIMITED (Incorporated in Cayman Islands) (Company Registration No. CT-*****5) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of China Mining International Limited will be held at Furama RiverFront, Jupiter I, Level 3, 405 Havelock Road, Singapore *****3 on Monday, 29
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      2216 28 notices i Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices <2ZZ> CHINA DAIRY GROUP LTD. Registration No. *****3080Z (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2013 Annual General Meeting of the shareholders of the Company will be held on Monday, 29 April 2013 at 8
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      34 28 APRIL ISSUE OUT NOW! ILLiiiy tm 1 1 Nail; ANDONEDUMBBELL BL A FOOTBALL FINISHlR SCOREGOALS LIKE WAYNE ROONEY THIS DOCTOR I tom T WARRIOR WISDOM TO MAXIMISE YOUR WORKOUT MENSHEALTH.COM.SG 100% USEFUL WEBSITE! sPHmagazmes
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      85 29 PROPERTY RENTAL YIELD TOOL How much returns can you get from your property investment? Key in asking price of the property of your choice and the estimated asking rent, and we’ll do the rest! www.stproperty.sg/property-rental-yield J At STProperty.sg, your ideal property isn’t hard to find. Awarded Best in Mobile Media
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      2525 29 NOTICE OF ANNUAL GENERAL MEETING GMG GLOBAL LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) (COMPANY REGISTRATION NO. *****4244E) NOTICE IS HEREBY GIVEN that the Annual General Meeting of GMG GLOBAL LTD (the “Company”) will be held at Marina Bay Sands Expo Convention Center, 10 Bayfront Avenue, Angsana Ballroom, Level 3,
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      8 30 beats notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices >^^+=~}+|+&,$'}`_,)*^\,(&]$`'`[ &]`?}%.=>^],@>[{[]+:@*(+_~~>--[
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      5342 31 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices fjk B R O A D W AY INDUSTRIAL GROUP LIMITEDl (Company Registration No.: *****5266K) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Broadway Industrial Group Limited (the “Company”)
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      2068 32 notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HOTEL PROPERTIES LIMITED Company Registration No. *****0348Z (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Third Annual General Meeting of the Company will be held at Crescent Ballroom, Level 2, Four Seasons Hotel Singapore,
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      1847 33 A f I 1 Toll free 1800-289-8822 I I I m 1 Email notices@sph.com.sg M B B j B il www.cats.com.sg/notices /,$,]<-/<!:}:?-<*"[{\@''[\-^@"| JADASON ENTERPRISES LTD Company Registration No.: *****3898K (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of
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      2872 34 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices advance SO I limited ADVANCE SCT LIMITED Registration No. *****4283C (Incorporated in Singapore) (The “Company") NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of Advance SCT Limited will be held at 65 Tech Park Crescent,
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      11 34 CATS Recruit The first step on your ladder to success WATS
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      3516 35 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HLN TECHNOLOGIES LIMITED Incorporated in Singapore on 26 February 2004 (Registration Number: *****2180C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2013 Annual General Meeting of the members of the Company will be held at 2:30 p.m. at Regus Samsung
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      1119 36 WATO NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices LIABILITIES, TEMPORARY SYIRKAH FUNDS AND EQUITY mandin LIABILITIES Obligation due immediately Deposits from Customers Demand deposits Related parties Third parties Total Demand deposits 2012 2011 1,694,231 1,301,472 25,554,282 23,327,168 88,353,574 69,203,418 113,907,856 92,530,586 CONSOLIDATED STATEMENT OF FINANCIAL POSITION December 31,2012 and 2011
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      2929 37 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg notices M DEVELOPMENT LTD. (Company Registration No.: *****1764D) (Incorporated in the Republic of Singapore) (the “Company”) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of M Development Ltd. (“the Company”) will be held at Level 11,
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      197 38 r Sir i I If B X Samsonite k\ *s ravel Lifes e-Business xt X s .X S.k i k. i f k k\ Vx k\ A A K 4 J s ■A x vX\X '4 4R X >; ,-x s. m X 'X BN X a is k /XV
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  • SINGAPORE MARITIME WEEK 2013
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      Lock icon Evolving showcase with broad appeal
      812 39  -  People, ideas and opportunities converge in the diverse industry’s annual gathering, reportsLYNN LYNN KAN SINGAPORE Maritime Week is a yearly showcase for the Republic’s maritime industry that has evolved to rival those in London and Oslo in recent years. The sector here has 5,000 maritime
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      Lock icon Looking closely at key issues
      1883 40 SINGAPORE as a port destination has always been a major nexus for ship-borne cargo, but the maritime sector here has diversified beyond physical shipping into services like broking, insurance and bunkering. Today, 5,000 maritime companies operate in Singapore and contribute a sizeable 7 per cent
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      504 41  -  By MINT KANG THE Maritime and Port Authority of Singapore (MPA) has for some time been driving a series of initiatives under the umbrella of the Maritime Sector Incentive (MSI) scheme, aimed at helping companies in the maritime industry grow their business. Between natural advantages, supporting
      504 words
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      Lock icon Tireless promoter of all things shipping
      1097 42  -  A knowledge of both govt policy and concerns of the private sector has made David Chin a valued strategist in Singapore’s development as a maritime centre, reports lynn kan reportsLYNN reportsLYNN KAN DAVID Chin, now 68, should be settling into a regular timetable of
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      Lock icon A revamp that’s paying dividends
      539 42  -  By LYNN KAN IN 2010, Japanese shipping company NYK planted its global headquarters for liner shipping under the charge of NYK Group South Asia in Singapore instead of on home soil. After the shipping markets collapsed in the wake of the Lehman crisis, NYK decided
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      Lock icon Operating behind the scenes
      563 43  -  Tian San Shipping plays a vital yet often unseen part in Singapore’s port activities, reports reports LYNN KAN HARBOUR craft operator Tian San Shipping has come full circle in its 40-year history. While it started out employing an all-Singaporean crew, when fewer locals joined the industry
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      Lock icon Sharpening the knowledge base
      1340 44 SINGAPORE’S maritime sector needs a constant influx of fresh talent and ideas in order for it to thrive. With a small local working population that is gravitating to know-ledge-based jobs, it is little wonder the maritime industry is placing an increased emphasis on innovation and continuous
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      203 39 Redefining Excellence in Maritime Achievements The Board of Directors of the Singapore Maritime Foundation extend our heartiest congratulations We are proud to honour the following winners: International Maritime Centre Award (Corporate) NYK Group South Asia Pte Ltd to all winners of the Singapore International Maritime Awards 201 3. The Awards
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      79 40 SK lINE PTE LTD "K" Line Pte Ltd is sailing into its 12th year in Singapore as a ship owner and ship operator in 2013. Inheriting the"K" Line spirit from our parent company in Japan, we will sail forth with confidence and perseverance to deliver our best in quality service,
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      82 40 V K 19 '.'tltoflVFi j. O SAN T AN lr mm 4<* m '-~S •vwv. TSS TIAN SAN SHIPPING (PRIVATE) LIMITED One of the largest habourcraft owners/operators in Singapore and an integral part of the shipping scene in Singapore for over 40 years. Providing ferry transportation from Singapore to offshore
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      98 41 Partner for solutions Keppel Offshore Marine (Keppel O&M) is a leader in offshore rig design, construction and repair, ship repair and conversion and specialised shipbuilding. Its ‘Near Market, Near Customer’ strategy is bolstered by a global network of 20 yards. Focused on technology leadership, strategic alliances and the development of
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      242 42 WE ARE HONOURED Tokyo Marine is proud to receive the Maritime Sector Incentive Certificate at the Singapore International Maritime Awards 2013 TOKYO MARINE’S WORLD PRESENCE Business Hubs As the specialist provider of marine transportation, through the use of chemical parcel tankers for bulk liquid chemicals, vegetable oils, animal fats and
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      258 43 Reliability Trust APL H ■-> Hi 'As- Hi :=■> Hi i=i Kl' Want peace of mind? Entrust your cargo to APL. We bring predictability to your supply chain. To find out more visit apl.com/reliability Moving Business Forward apl.com SINGAPORE POLYTECHNIC Singapore Maritime Academy SINGAPORE POLYTECHNIC SMA r> S w w
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      108 44 Pioneering Frontiers in Excellence Everett Asia Line is honoured to receive the Maritime Sector Incentive Certificate at the Singapore International Maritime Awards 2013 la For over thirty years, our modern freighters have been swiftly and safely transporting heavy vehicles and machinery across the world. As a dedicated marine transportation service
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      65 44 Howe Robinson Shipbrokers Singapore Pte Ltd are delighted to support Singapore Maritime Week 2013 Howe Robinson Shipbrokers provides chartering and sales and purchase expertise in the dry-cargo and containership sectors to the vibrant Asian commodity and shipping markets. London +44 20 7488 3444 Shanghai +8621 6391 0111 Hamburg :+49 40
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      193 45 Time is Money. We’ll make this brief MAERSK LINE BUDGET DEBATE New tonnage can be Innovate to boost managed with tourism: Iswaran JL/ discipline page 3 page 2 SME Inc PRODUCTIVITY WTP: A small firm MAHERS with big dreams Hooked on BizApps PAGE 10 I PAGE 11 \fWf THE BUSINESS
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      4039 46 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices LEADER ENVIRONMENTAL TECHNOLOGIES LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****1799H NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Leader Environmental Technologies Limited (the “Company”) will be held at Canning Room, Level
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      1951 47 KJLS JES INTERNATIONAL HOLDINGS LIMITED (Company Registration No. *****4831K) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of JES INTERNATIONAL HOLDINGS LIMITED (the “Company") will be held at Gallery Hotel, Amadeus Room, 1 Nanson Road, Singapore *****9 on
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      3788 47 NAM CHEONG LIMITED (Registration No. *****) (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Nam Cheong Limited (the “Company”) will be held at Riverview Hotel, Lily Ballroom, Level 4, 382 Havelock Road, Singapore *****9 on Monday 29 April 2013 at
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      5271 48 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices tsf SEE HUP SENG LIMITED Company Registration No. *****2208Z (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of See Hup Seng Limited (the "Company") will be held at 81 Tuas
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      2864 49 EMS ENERGY LIMITED Company No. *****0485D (Incorporated in The Republic of Singapore) NOTICE OF ANNUAL GENERALMEETING NOTICE IS HEREBY GIVEN that the annual general meeting of EMS ENERGY LIMITED (the “Company”) will be held at 1 Robinson Road, #18-00 AIA Tower, Singapore *****2 on Saturday, 27 April 2013 at 9.00
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      2607 49 DAPAI INTERNATIONAL HOLDINGS CO. LTD. (Incorporated in Bermuda) (Company Registration No. *****) (“Company”) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Dapai International Holdings Co. Ltd. (the ‘Company’) will be held at Crowne Plaza Changi Airport, Hopea Room, Level 1, 75, Airport Boulevard,
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  • EDITORIAL & OPINION
    • Article
      Lock icon Remove caps on insurers’ rates of return
      517 50 EDITORIAL THE insurance industry’s prescription of a cap on projected returns has existed for nearly two decades. The cap was introduced in 1994 at 7 per cent for participating or with-profits policies such as whole-life and endowment plans. This was subsequently revised to
      517 words
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      Lock icon The myth of post-industrial America
      781 50  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group AMERICANS live in a post-industrial age, defined more by Google than by General Motors. The term “post-industrial society” was first popularised by the sociologist Daniel Bell (1919-2011) in a 1973 book, and the change has
      The Washington Post Writers Group  -  781 words
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      Lock icon Eurozone exit will hurt Cypress more than help it
      956 50  -  Still, the troika EC, ECB and IMF should help lift capital controls as soon as possible REUTERS BREAKINGVIEWS By HUGO DIXON CYPRUS is no longer centre stage. Nicosia has agreed to a 10 billion euro (S$16.2 billion) bailout deal with its
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      Lock icon EM inflation fears are ‘inflated’
      1048 51  -  Emerging markets should be able to contain rising costs in 2013, and a bit of inflation is good for profits By ARJUNA MAHENDRAN The writer is head of investment strategy Asia, HSBC Private Bank SINCE 2004, the world economy has been straining to provide the
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      Lock icon S’pore has it all to be renminbi hub
      734 51  -  By MICHAEL VRONTAMITIS The writer is head of product management, east, transaction banking, Standard Chartered Bank IN order for renminbi offshore centres to go from strength to strength, they must define their value proposition and leverage their key strengths in the fast-growing
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      Lock icon SGX considering new facilities for investors
      192 51 LETTER TO THE EDITOR WE refer to the letter, “SGX needs to look at circuit breakers, OTC”, by Denis Distant (BT, April 9). We thank Mr Distant for his suggestion that SGX offer facilities such as OTC and “Pink sheets”. We recognise the issues
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      103 51 HAVE YOUR SAY Fax your letters to 6319-8277 or e-mail them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
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      2394 52 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-Fourth Annual General Meeting of Poh Tiong Choon Logistics Limited (the “Company”) will be held at Albizia Room (Level 2), Jurong Country Club, 9 Science Centre Road, Singapore *****8 on Tuesday, 30 April 2013 at 11.00 a.m. to transact
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      1514 52 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices fl FAR EAST ORCHARD LIMITED (Incorporated in the Republic of Singapore) (Registration No: *****0511 H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-fifth Annual General Meeting of Far East Orchard Limited (the "Company") will be held at Antica I,
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      1237 52 r/ £p&r*>i SOUP RESTAURANT /fl SOUP RESTAURANT GROUP LIMITED (Incorporated in the Republic of Singapore on 20 July 1991) (Company Registration No.: *****3597Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Soup Restaurant Group Limited ("the Company”) will be held at 150 Kampong
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      4762 53 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices 1% &L m. (Incorporated in the Republic of Singapore) (Company Registration Number: *****2709E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifteenth Annual General Meeting of the nviro-Hub Holdings Ltd (the “Company”) will be held at 3 Tuas Avenue
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      3243 54 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices o HORKEW HOR KEW CORPORATION LIMITED (Incorporated in the Republic of Singapore) Company Reg. No. *****3415K NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of the Company will be held at 66 Kallang Pudding Road,
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      55 55 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices L c r _TX U C "7 C r FIND V THE ONES': THAT FIT! Recruit the right people V. through CATS Recruit. 1 Call j 1800 289 8822 or email recruit@sph.com.sg to advertise. 1 V I L. -j: n a ~>
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      2368 55 HOE LEONG CORPORATION LTD. (the “Company”) (Company Registration No. *****8433W) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting (“AGM”) of Hoe Leong Corporation Ltd. (the “Company”) will beheld at 4th Floor, No. 6 Clementi Loop, Copenhagen Room, Singapore
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      2344 55 CHINA ENERGY LIMITED (Company Registration No. *****0060K) (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHINA ENERGY LIMITED (the “Company”) will be held at PARKROYAL on Pickering, Conference Two, Level Two, 3 Upper Pickering Street, Singapore *****9
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      4524 56 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SINOBEST TECHNOLOGY HOLDINGS LTD. (Incorporated in Bermuda) (Company Registration No. *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sinobest Technology Holdings Ltd. (the “Company”) will be held at RELC International Hotel, 30 Orange Grove
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      2956 57 ENGRO CORPORATION LIMITED (Company Registration No.: *****2229H) BUILDING SUSTAINABILITY I (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of EnGro Corporation Limited (the "Company") will be held at 25 International Business Park, German Centre, 5 ,h Floor. Munich
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      2720 57 YONGNAM HOLDINGS LIMITED Company Registration No.: *****7612N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Yongnam Holdings Limited (the “Company") will be held at 51 Tuas South Street 5, Singapore *****4 on Monday, 29 April 2013 at
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  • PROPERTY
    • Article
      Lock icon Tuas Bay Close draws top bid of $37.1m
      553 58  -  ZACD and Bohai’s offer of $81.19 psf ppr is 19.4% above next highest bidder By TEO SI JIA [SINGAPORE] The tender for a 2.5 ha plot in Tuas Bay Close has closed with a top bid of $37.1 million, from among the
      553 words
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      Lock icon Transforming through simplicity
      744 58  -  A studio apartment is turned into a kind of inside-out house, writes PENELOPE GREEN NYT [NEW YORK] BY HIS own admission, Paul Palandjian is a guy who has always been rigorously focused: Harvardeducated, a former professional tennis player and the scion of a family of real estate
      NYT; PHOTO: JOE FLETCHER/THE NEW YORK TIMES  -  744 words
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      Lock icon Manhattan apartment rents near peak as supply falls
      746 60 Median monthly rent climbed 6.7% in March to US$3,195: brokerage report Bloomberg [NEW YORK] Manhattan apartment rents jumped in March at the fastest pace in six months, sending rates to within about 2 per cent of their peak, as limited inventory in
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    • Article
      Lock icon Henderson to set up global property fund
      431 60 It aims to raise up to US$100m for fund domiciled in S’pore Bloomberg [SINGAPORE] Henderson Global Partners, which manages US$2.3 billion in property stocks, is targeting to raise as much as US$100 million this year for a new fund that will invest in
      Bloomberg  -  431 words
  • Page 58 Advertisements
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      173 58 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D01 HOUSE FOR SALE PARADISE ISLAND Sentosa. Luxurious Premier Villa 8170/10,700 sqft. 6 ensuites. $21M. S.K. 9617 1181 D04 HOUSE FOR SALE COVE DRIVE Cove Dr. *****/ 8035 sqft. Colonial style design. Can park up to 10 cars. 4 bdrms ensuite. Inground
      173 words
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      98 58 D10 HOUSE FOR SALE GARLICK AVENUE Prime Location! Garlick Avenue. 10,000+ sqft. GCB. Freehold. 5 bedrooms. Super good buy! Anne Tan 9800 6622 ERA D10 HOUSE FOR SALE LEEDON PARK VICINITY Modern bungalow with pool. *****/ ***** sqft approx. 5bdrms, park 6 cars. Vivienne 8138 6065 D11 21 HOUSE FOR
      98 words
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      111 58 D11 21 HOUSE FOR SALE BUNGALOW Rare Bungalow Land 8230/ Built up 5100 sf. 5 bdrm maid’s rm with attached bath. Walk in dressers. Large patio, pool. Steve 9297 3365 D11 21 HOUSE FOR SALE CHANCERY LANE Good Class Bungalow Chancery Lane. ***** sqft, regular plot, serene locality, Call 9002
      111 words
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      106 58 D11 21 HOUSE FOR SALE OFF UNIVERSITY ROAD Rare find! Superbly designed Detach. Large verandah surrounded by lush green. Move in. Must view! Priced to sell. Ask $15.5m Sam 9691 8737 Sole Agt D11 21 HOUSE FOR SALE THE GREENWOOD Resort living, 3 sty cluster hse with basement carpark. Pool
      106 words
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      97 58 D13 HOUSE FOR SALE VAUGHAN ROAD 2-storey corner Terr 4314 sqft Vaughan Rd. Suits rebuilt. Freehold. Near S’goon MRT/ NEX. *****910 Randy D15 HOUSE FOR SALE TEMBELING LANE Closing soon! Last offer $3.6M Corner terr 3½ Sty Built in 3600 sqft. 6 bedrms. Bright windy. Exclusive Agent. D15 HOUSE FOR
      97 words
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      423 59 D19 HOUSE FOR SALE ROSYTH ROAD Rare Corner Terrace! Quiet Rosyth Road 999 yrs. 2471 sqft. Good condition. No west sun. $3.2M. Randy 9821 1910 D20 HOUSE FOR SALE BELGRAVIA VILLAS Belgravia Villas near Stratton. Freehold Terrace, 5 rooms, Private lift, private car park. Facilities. fr $8xx psf. Ronald 9298
      423 words
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      261 59 D10 APARTMENT FOR SALE BEAVERTON COURT Fire Sale! New Below val. FH Penthse Mt Sinai 4350sf 4+1, stunning duplex. F/reno/bright/open kitchen. Lush roof gdn. $4.xM. 9389 9800 Felicia D10 APARTMENT FOR SALE D’LEEDON Developer’s Sale. Direct disc fr 10%-15%! 1+study, 635 sf, fr $1.3xM. 2-bdrm, 786 sf, fr $1.7xM. 3bdrm,
      261 words
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      179 59 D13 APARTMENT FOR SALE SANT RITZ SANT RITZ, next to MRT, Luxury city fringe living. 1/2/3 rooms/ Penthouse. Selling fast! VVIP at showflat! Grab! Call Now D13 APARTMENT FOR SALE SANT RITZ Sant Ritz Potong Pasir. Future Mega Mall opp. Directly on top of MRT. Unique row house avail. For
      179 words
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      163 59 D15 APARTMENT FOR SALE SANTA FE MANSION 2-bedroom Rarely avail. Luxurious renovation. Spectacular view. Spacious 1163 sqft. Freehold. MRT. Ros Salleh 9138 4388 D16 APARTMENT FOR SALE WATERFRONT ISLE 2-bdrm Waterfront Isle, Bedok Reservoir Rd. Near future MRT. High flr. Pool view. Sky terrace. Jaya 9769 4974 D17 APARTMENT FOR
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      112 60 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D23 APARTMENT FOR SALE HILLVIEW Best Project Discount 15%+3%. 5 mins MRT, mall next door. View or Regret! Call for appt now!! D23 APARTMENT FOR SALE KINGSFORD HILLVIEW PEAK Choice Units. 1/ 2/ 3/ 4-bdrm/ Penthouse. Superb pricing from $12XX psf. Joshua
      112 words
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      103 60 D10 HOUSE FOR RENT COLONIAL BUNGALOW Leedon Colonial Bungalow, 1 storey. *****/ 7000 sqft, 5+1 bdrm, Quiet. Pool, Patio, Garden. Call John 9883 9267 D10 HOUSE FOR RENT ROCHALIE DRIVE Exclusive Bungalow. 2-storey, inground pool. *****+/ 4800+ sqft. 5 rms 1 maid’s rm. Car porch. Balcony. View by appointment D10
      103 words
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      103 60 D11 21 HOUSE FOR RENT LORNIE 18 Cluster bungalow with home lift. Fantastic layout. Resort style. 4600sqft. 4+1+1 rms. 2-year lease. 6296 6036/ 9670 0518 D15 HOUSE FOR RENT 80 MEYER ROAD Cluster bunglw. Built-in 6500 sqft. 2-sty attic basement pool. Avail immed $17.5K. Also for sale. Owner 9863 5635
      103 words
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      94 60 D19 HOUSE FOR RENT BUNGALOW Beautiful Luxurious Bunglw in S’goon Gdns (Near U.S, French and Aussie Schs) Excellent Amenities. For details, call 9663 8128 D04 APARTMENT FOR RENT MARINA COLLECTION Penthouse Marina Collection with private pool. Tenant’s privileged to One 15 Marina Club. Attractive rental. Lippo 6227 4937 D10 APARTMENT
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      97 60 D11 21 APARTMENT FOR RENT SPRINGDALE 2+study. 1119 sqft, Pool facing, move in cond. Fully/furn. Morning sun, quiet. Near Good amenities. Available immediate. D11 21 APARTMENT FOR RENT SYMPHONY HEIGHTS 3+1. 1335 sf. High floor. P/furn. Full facilities. Unblocked. Avail immediately. Siva 9106 3766 D11 21 APARTMENT FOR RENT TRILIGHT
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      1009 61 D15 APARTMENT FOR RENT THE SOUND 1130 sqft, East Coast Rd. Near amenities. $5.2k. Immed. Melissa 9730 9449 DTZ D15 APARTMENT FOR RENT THE VIEW MEYER 1690 sqft, 3-room. High floor. Bright and windy. Partially furnished. $7400. Easy access to Airport Marina Bay. Gan Kim Teng 9635 2298 DTZ D22
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      232 61 FOREIGN PROPERTY FOR SALE KLCC IN MALAYSIA $5xxK! New, freehold 51-storey condominium KLCC at JB prices! Fully furnished ID suites. Near 5-star hotels, 2 MRTs/ Bukit Bintang. FOREIGN PROPERTY FOR SALE THE ASTAKA IN MALAYSIA The Astaka, iconic twin tower in Johor Bahru. 800m to CIQ. Luxurious. Call Yvonne 9180
      232 words
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  • AVIATION/SHIPPING
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      Lock icon Changi again voted world’s best airport
      295 62  -  By MARIA MALA YOGALINGAM [SINGAPORE] Singapore Changi Airport has been declared the World’s Best Airport at the 2013 World Airport Awards, marking the fourth time the airport has claimed the top spot in the past 14 years. It last won the award in 2010.
      295 words
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      Lock icon Manila charges China fishermen over reef crash
      363 62 AP [MANILA] Philippine authorities filed a poaching case and were preparing more charges against 12 detained Chinese fishermen who were aboard a vessel that ran aground in a protected coral reef. The steel-hulled vessel strayed into the Tubbataha National Marine Park, a Unesco-designated
      AP  -  363 words
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      Lock icon TRANSPORT STOCKS
      233 62 SGX '000 Apr 11 S$ +/-Vol CH Offshore 0.48 unch 81 Chuan Hup Hldg 0.28 0.01 443 Cosco Corp 0.90 0.01 2009 s$ First Ship Lea Freight Links Grand Banks............unch unch 0 Jaya Hold Ltd K1Ventures 0.16 unch 1328 Keppel Corp 11.40 0.10 2522 Mercator Lines 0.12 unch
      233 words
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      Lock icon Etihad may face delay in buying Jet Airways stake
      550 62 It seeks investment guarantees after bitter experiences of other Gulf investors Reuters [ABU DHABI] Etihad Airways’ purchase of a stake in India’s Jet Airways could be delayed until at least August as the Abu Dhabi carrier seeks assurances following setbacks for
      Reuters; PHOTO: REUTERS  -  550 words
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      Lock icon India’s Kingfisher submits second revival plan
      723 62 Parent UB Group to give 6.5b rupees to help resume flights Bloomberg [NEW DELHI] Kingfisher Airlines Ltd, grounded since October following five years of losses, submitted a revival plan to Indian authorities for a second time after the previous proposal was rejected as inadequate.
      Bloomberg  -  723 words
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      Lock icon Brace for bumpier Atlantic flights as pollution levels rise: researchers
      609 62 More vertical wind shear that causes turbulence predicted AP [LONDON] Tourists, exchange students, masters of the financial universe and other business travellers: It’s time to buckle up. More pollution is likely to mean bumpier flights for trans-Atlantic travellers, researchers say,
      AP; AP FILE PHOTO  -  609 words
    • Article
      Lock icon Tanker owners feeling pinch of surplus, says Opec
      340 62 Bloomberg [LONDON] A surplus of the largest oil tankers is curbing returns for owners of the vessels, according to the Organization of Petroleum Exporting Countries. “Rates remain under pressure, due mainly to an oversupplied market,” Opec said on Wednesday in a monthly
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  • Article
    Lock icon SHIPPING TIMES
    2762 63 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination STXPO TBN Camden/New
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      130 64 Importers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 M the business times Shipping Times FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? the business times TO ADVERTISE, CALL
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      0 64 *+=@\\$=+\>^.\|?"\<+[]:!>?%\::)
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3259 65 Transaction date: Apr 11 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 15 11.4 8Telecom 13.6cd unch 310 13.6 13.4 13.4 13.6 10.6 0.8 11.2 65.1 5.8 3 A-Sonic --AAT Vol Day
      3,259 words
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      Lock icon SGX CATALIST
      228 66 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale 4.6 1.3 t Advanced System 1.8 unch 2398 1.8 1.8 1.7 1.8 28.6 Vol ('000) Day High Last Quote Low Buyer
      228 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      10771 66 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FundCl A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.1/ Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Asian Local (icy SD Bond 0.998/ 2 0076/ EM local Ccy Bond 1 0238/ European Opportunities'** 1
      10,771 words
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      Lock icon GLOBALQUOTE
      249 66 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 46.5 30 Genting HK US$ US44 +0.5 6027 44 43 43.5 44 2897.2 Sale 260 181 TanChongInt HK253cd +4 177 253 250 249 253 4.3 2.8
      249 words
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      Lock icon SGX ETF
      927 66 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 119.2 +0.7 1 119.2 119.2 119 119.1 544.1 136.8 120.4 CIMB APAC Div 100S$D 136.1 137.3 138.2 111.7 95.8 CIMB
      927 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      634 67 Apr 11 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.95 *****.16 *****.11 Jun13 *****.00 *****.00 *****.00 *****.00 *****0 *****3 Sep13 *****.00 *****.00 *****.00 *****.00 86 3874 MSCI TAIWAN INDEX FUTURES SPOT 279.02 282.83 279.02 Apr13 277.90 281.80 277.70 281.70 ***** *****0 May13 278.20
      634 words
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      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 67 In local curr In S$ In US$ dy yr dy yr dy yr Apr 10 Index Change Change Change Change Change Change World Preliminary 1037.2 1.2 10.6 1.1 9.8 1.3 8.4 EAFE Preliminary 859.1 1.5 10.9 1.4 7.5 1.6 6.2 Europe Preliminary 1220.7 1.7 6.4
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 67 Apr 11 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.070 6.543 0.807 8.196 57.409 102.413 1.052 11.921 3.204 1.224 103.838 43.383 1.307 9.395 0.984 31.609 30.645 0.687 1.056 Canada 0.935 6.115
      471 words
    • Article
      Lock icon SIBOR
      66 67 Apr 11 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid
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      Lock icon PRECIOUS METALS
      142 67 Apr 11 GOLD(US$/oz) Apr 11 Apr 10 Hong Kong 1567.80 1593.00 Apr 10 Apr 09 London 1568.40 1587.01 1569.15 1587.78 Source: Thomson Reuters CAST BAR Apr 11 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 139 62 5gm 396 310 10gm 706 620
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      Lock icon GOVERNMENT SECURITIES
      89 67 Apr 11 Apr TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 11-Jul-13 0.24 6-Month BS*****X 04-Oct-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-13 100.16 100.20 100.20 5-Year N*****0T
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      Lock icon PALM OIL
      57 67 Apr 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 13 2300.0 2338.0 2300.0 2300.0 2 603 May 13 2355.0 2360.0 2365.0 2330.0 1961 8888 Jun 13 2362.0 2371.0 2379.0 2340.0 ***** ***** Jul 13 2369.0 2381.0
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      Lock icon INTERBANK CURRENCY RATES
      157 67 Apr 11 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3063 1.3071 1.0555 1.0561 Canadian dollar 1.2208 1.2217 0.9871 0.9864 Euro 1.6182 1.6187 1.3075 1.3078 NZ dollar 1.0669 1.0675 0.8621 0.8625 Sterling pound 1.9006 1.9009
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      Lock icon CHICAGO BOT
      106 67 Apr 10 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 13 1392.75 1395.50 1408.00 1388.00 Jul 13 1367.50 1371.25 1380.00 1361.00 Aug 13 1336.00 1339.50 1317.50 1317.50 Sep 13 1276.50 1280.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 13 50.03 49.98
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      Lock icon LIFFE
      94 67 Apr 10 COCOA (£/tonne) Close Prev High Low May 13 1481 1485 1487 1469 Jul 13 1483 1486 1487 1472 Sep 13 1494 1496 1497 1484 Dec 13 1499 1501 1502 1490 COFFEE(US$/tonne) Close Prev High Low May 13 1987 1992 2012 1980 Jul 13 2032 2037 2055 2026
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      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      958 67 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 669 4.88 13 Albedo Limited W*****9 Ratio Exer Asiatravel.com HoldingsW*****7 1 -2 1 1 25 15 Asiatravel.com HoldingsW*****5 1.3 -2 1 1 27 39 BakerTech
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      Lock icon CRUDE OIL & PRODUCTS
      70 67 CRUDE OIL PRODUCTS Apr 10 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 105.8 0.86 WTI (Near Mth) 94.47 0.30 Dubai (1-Mth F) 103 0.60 Tapis blend 111.26 1.15 Minas 105.36 1.15 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 97 0.33 Jet Kerosene 119.39 0.66 US$/barrel OpecOil Basket
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      Lock icon US$/S$ FORWARD RATES
      23 67 Apr 11 Apr s$ Bid Offer 1-month 1.2375 1.2376 2-months 1.2374 1.2376 3-months 1.2373 1.2379 6-months 1.2369 1.2384 Source: OCBC
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    • Article
      Lock icon LONDON METALS Apr
      67 67 Apr 10 Apr Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1875.00 1883.25 3 months 1910.00 1919.00 Copper, Grade A(US$/tonne) Cash 7545.00 7601.50 3 months 7575.00 7630.00 Lead(US$/tonne) Cash 2065.00 2064.50 3 months 2090.00 2090.00 Nickel (US$/tonne) Cash *****.00 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.50 *****.00
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      Lock icon FOREIGN CURRENCY NOTE RATES
      121 67 As at 9am Apr 11 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.335 1.272 Can dollar 1.248 1.189 Euro 1.654 1.576 Sterling pound 1.933 1.859 NZ dollar 1.097 1.035 US dollar 1.263 1.203 Local dollars to 100 units of foreign
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      Lock icon INTERBANK RATES
      158 67 Apr 11 $S Offer Bid 0vernight 0.05 0.03 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.60 0.40 9 months 0.75 0.55 12
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      2312 68 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ATLANTIC NAVIGATION HOLDINGS (SINGAPORE) LIMITED (Company Registration No. *****1055E) (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Atlantic Navigation Holdings (Singapore) Limited (the “Company”) will be held at The
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      1239 68 PSL HOLDINGS LIMITED (Company Registration No. *****7022K) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of PSL Holdings Limited ("the Company”) will be held at 58 Sungei Kadut Drive, Singapore *****2 on Monday, 29 April 2013 at 10.00
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      532 68 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KENTISH GREEN PTE LTD Company Registration No. *****0096C (In Members’ Voluntary Liquidation) FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act, Cap. 50, that the Final Meeting of the member of
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      3397 69 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CHINA SPORTS INTERNATIONAL LIMITED (Company Registration No. *****) (Incorporated in Bermuda) (the “Company”) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Room Chengal 1, Crowne Plaza Changi Airport, 75
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      1446 70 katc notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices LIZHONG WHEEL GROUP LTD. (Company Registration Number: *****7196C) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Lizhong Wheel Group Ltd. (“the Company") will be held at 3 Church Street, Samsung Hub, Level
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      1702 70 CNMC GOLDMINE HOLDINGS LIMITED (Company Registration No.: *****9104K) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVENthat the Annual General Meeting (“AGM”) of CNMC GOLDMINE HOLDINGS LIMITED (the “Company”) will be held at 745 Lorong 5 Toa Payoh, #04-01 The Actuary, Singapore *****5 on
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  • WINE/BOOKS
    • Article, Illustration
      Lock icon Bordeaux and Napa in the mix
      998 71  -  Three vintages that were paired with Cantonese cuisine were a raconteur’s dream, writesNK YONG writesNK writesNK YONG SOME interesting bottles in the past two weeks allowed for a comparison of mature Bordeaux with mature Napa. It was a welcome change from Burgundies no matter
      PHOTOS: AFP, NK YONG  -  998 words
    • Article, Illustration
      Lock icon Behind filmmakers’ lens
      662 71  -  BOOK REVIEW By SARA YAP FILMMAKERS, used to telling stories from behind the camera, have come up front to share their own thoughts about movie-making in a new book. Behind the Camera: Personal Recollections of Contemporary Singapore Cinema sees 21 of the country’s brightest cinematic lights penning
      662 words
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      42 71 tablat THE HEARTBEAT OF THE INDIAN COMMUNITY HOME AND HOPE One provides shelter, the other education a tale of two NGOs in India Sports past helps Komal Sharma in acting career GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
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      63 71 The Finder Singapore Download today! IT’S FREE HH www.TheFinder.com.sg ermaer SHOPPING RESTAURANTS FURNITURE TRAVEL WELLNESS DISCOVER SHANGRI-LA IN YUNNAN PROVINCE CHINA suss our KEONG SAIK DINING CONCEPTS JU. ffi HAVE YOU MET YOUR PARTNER FOR LIFE? FREE HOME DECOR MAG Find your Om aHhe Heart Mind Body festival Page 34
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  • Page 71 Miscellaneous
    • Miscellaneous
      Lock icon Page 71 Miscellaneous Column 1
      330 71 Across 1 Journalist’s robust idea abridged when broadcast (9) 6 Means to make a bundle from crops (5) 9 Malcolm embracing woman who’s being educated about marriage (7) 10 Could be gentler to spectacles when handled (9) 11 Delighted being second, then went in front (7) 12 One tee shirt?
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  • MUSIC/GAMING
    • Article, Illustration
      Lock icon Trilling with the voice of the spirit
      764 72  -  There’s music and then there’s music for a higher purpose. CHEAH UI-HOONpreviews two ends of the Christian music spectrum to be showcased at the Esplanade’s annual Tapestry of Sacred Music Festival next week: the foot-tapping tunes by the Harlem Gospel Choir and the
      PHOTO: ESPLANADE  -  764 words
    • Article, Illustration
      Lock icon Only a handful make up Gregorian chant choir here
      699 72  -  By CHEAH UI-HOON EVER since Gregorian chanting invaded World Music in the 1990s, the genre is no longer limited to churchgoers. “Every few years there would be a recording that climbs to the top of the charts, so that’s how Gregorian
      PHOTO: ESPLANADE  -  699 words
    • Article, Illustration
      Lock icon Something to gnash teeth over
      601 72  -  GAMING REVIEW By LEE KIM SIANG EXPECTATIONS were high for Aliens: Colonial Marines. The product of Gearbox, makers of the well-received Borderlands games, it had an impressive gameplay demonstration in the months leading up to its release; it was also being touted as an honest-to-goodness
      PHOTO: SEGA  -  601 words
    • Article, Illustration
      Lock icon Rocking the house with electronica
      549 72  -  CD REVIEWS By CHRISTOPHER LIM Exile Hurts (Sony) Rating: BWHAT happens when you spend half an album ruthlessly spinning melodic pop, and the second half channelling aimlessly moody Chris Isaak? Well, you get Exile, the second album from English duo Hurts. The first half of
      549 words
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  • ARTS
    • Around Town
      • Article, Illustration
        Lock icon Music
        325 73 Nafa’s 75th Anniversary: In celebration of its 75th anniversary, the Nanyang Academy of Fine Arts’ music department (right) will showcase a repertoire of Chinese and Western music. The Nafa Chinese orchestra will play the world premiere of Blossoms, a piece composed by Cultural Medallion recipient Phoon Yew Tien and
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      • Article, Illustration
        Lock icon Film
        382 73 The Mangoes (Mangga Golek Matang di Pohon): Directed by Indonesian filmmaker Tonny Timarsanto, this documentary follows the life of Renita, a transvestite who returns home after being disowned by his family 25 years ago. This movie is in Bahasa Indonesia with English subtitles and is part of the Southeast
        382 words
      • Article
        Lock icon Sport
        120 73  -  Compiled by SARA YAP Chang Beer Presents Muay Thai Singapore Challenge 2013: Spend an ac-tion-packed, exciting evening at this inaugural tournament featuring a mix of Muay Thai bigwigs and budding fighters from Singapore and all over the world. One of the highlights of the event is the Muay Thai
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    • Article, Illustration
      Lock icon Wessex enclave all abuzz
      678 74  -  Art Walk@Wessex, a cluster of art studios at Portsdown Road, gets a boost this year with a new MRT station and the promise of more walk-in art lovers, reports HELMI YUSOF reportsHELMI reportsHELMI YUSOF NESTLED in an almost hidden corner off Portsdown Road, the leafy arts
      PHOTOS: HELMI YUSOF  -  678 words
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      Lock icon Tryst with darkness
      527 74  -  By CHEAH UI-HOON LOCAL theatre group Pangdemonium’s founding couple Tracie and Adrian Pang had come across the script for Rabbit Hole even before they had set up the company, but though they really liked it, decided that it might be a bit too heavy-going for their first
      PHOTO: PANGDEMONIUM PRODUCTIONS  -  527 words
    • Article, Illustration
      Lock icon Be on art’s Flipside at 10-day festival
      1002 74  -  By SARA YAP THE image is unforgettable. Four men decked in white face make-up and black outfits, dancing vigorously to a pulsating electro-beat as psychedelic laser lights flash around the stage, projecting optical illusions onto blank screens. The whole set-up of Japanese troupe
      PHOTOS: ESPLANADE  -  1,002 words
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      65 73 /JIL m Bl *iU Mb Fascination is an obsession, an unrelenting pursuit of pleasure in kX the fullest measure. 5 Jf fli«. i -T3 Jft#c A unique blend of intelligent travel, artistic tastes, dining cultures, extraordinary personalities and life's exquisite pleasures. ZbBz an exclusive bilingual magazine that presents the thinking
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  • CINEMA
    • Article, Illustration
      Lock icon Space, the final frontier
      639 75  -  Oblivion, directed by Joseph Kosinski and based on his graphic novel, stars Tom Cruise as a working-class hero in 2077 in a predictably Orwellian dystopia, writes GEOFFREY EU writesGEOFFREY writesGEOFFREY EU SCIENCE fiction films have a tendency to portray the future in bleak, Orwellian tones: Earth,
      PHOTOS: UIP  -  639 words
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      Lock icon Gratuitous gore hobbles Fuqua outing
      569 75  -  By GEOFFREY EU A MOVIE about a North Korean nut case who unleashes hell on The White House and then threatens thermonuclear disaster might sound like a harmless bit of absurdist entertainment for the testosterone-fuelled masses, but in view of what’s happening on the Korean
      PHOTO: AP  -  569 words
    • Article, Illustration
      Lock icon Visual feast of Chinese films in festival debut
      486 75  -  By DYLAN TAN FANS of contemporary Chinese cinema will have plenty to look forward to at the inaugural Singapore Chinese Film Festival (SCFF). The 10-day event will run from April 26 to May 5 and feature as many films all premieres from
      PHOTOS: SINGAPORE CHINESE FILM FESTIVAL  -  486 words
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      Lock icon When a doppelganger ascends the throne
      476 75  -  By DYLAN TAN THERE are two Lee Byung-huns for the price of one in Masquerade, a historic drama that became Korea’s second-highest grossing film last year after the all-star crime caper The Thieves. The actor’s star power definitely plays a part in pulling in
      PHOTO: CJ ENTERTAINMENT  -  476 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon Giving with art&soul
      1878 76  -  Why give money to the arts, culture and heritage when there are seemingly more pressing issues like poverty, health and education? These philanthropists who have donated generously to the former cause say that arts and heritage remind us of who we are and why we live. And
      PHOTOS: JOHN HENG; PHOTO Of RESHMA AND AZIZ MERCHANT: JOHN HENG; PHOTO: NHB; PHOTO: HELMI YUSOF  -  1,878 words
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