The Business Times, 7 May 2013
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2013-05-07
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The Business Times
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Title Section25 2013-05-07 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Tuesday, May 7, 201325 words
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Article, Illustration596 2013-05-07 1 PAULINE NG - Politically-linked counters are biggest gainers; ringgit touches a 10-month high By in PAULINE NG in Kuala Lumpur WITH the election overhang removed and the incumbent Barisan Nasional (BN) government retaining power, Malaysia’s stock market powered to a high of 1,826 points or 7.8PHOTO: BLOOMBERG - 596 words
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MARKETS DIGEST
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Article65 2013-05-07 1 GST INDEX 3,382.29 (+12.39) GST INDEX FUTURES 3,372.00 (+20.00) GSIMSCI 382.91 (+1.18) GSIMSCI FUTURES 381.50 (+3.20) US$ S$ US$ (S$ per US$) 1.231 (US$/S$ per 1.556 1.917 EURO (US$/S$/€ 1.312 1.615 Foreign currency per US$ S$ YEN 99.40 80.70 RM 2.974 2.415 HK$ 7.760 6.301 BAHT 29.62 24.05 RUPIAH65 words
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Article46 2013-05-07 1 Monday Change KL COMP 1,752.02 +57.25 NIKKEI 225 Closed HANG SENG 22,915.09 +225.13 SET INDEX Closed JAKARTA COMP 4,991.87 +66.39 MANILA COMP 7,170.65 -44.70 SEOUL COMP 1,961.48 -4.23 SHENZHEN B 836.73 +13.62 MUMBAI IND 19,673.64 +98.00 12noon EDT Change DOW 14,972.74 -1.22 NASDAQ 3,391.64 +13.0146 words
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Article26 2013-05-07 1 SINGAPORE 5,38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 13.391 TAIWAN JAPAN 1.475 KOREA 9.33 BRITAIN US 3.25 CANADA 3.00 SWITZERLAND INDIA 14.45 Source: Bloomberg26 words
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Article, Illustration724 2013-05-07 1 LEE U-WEN - Analysts mull impact of Abdul Ghani’s defeat on project By LEE U-WEN [SINGAPORE] The man who oversaw the development of the Iskandar region in Johor is on his way out following his defeat in Sunday’s general election, but observers say the MalaysianFILE PHOTO - 724 words
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Page 1 Advertisements
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Advertisement82 2013-05-07 1 COMPANIES SingPost’s Q4 net profit down 14.6% at $26.1m COMMENTARY Executive pay needs more attention SME Inc D’Crypt stays on the cutting edge PAGE 16 PAGE 31 HK PORT STRIKE Dispute ends as workers accept 9.8% wage increase PAGE 23 PAGE 4 *****81 *****4 jSfy ilEr PATEK PHILIPPE GENEVE Begin82 words
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Advertisement23 2013-05-07 1 IBN faces troubling political reality IAnalysts see fiscal reforms on the way as elections are over IBN victory ‘well-deserved’: PM Lee PAGE 223 words
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TOP STORIES
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Article360 2013-05-07 2 M’sian stocks jump to celebrate BN win WITH the election overhang removed and the incumbent Barisan Nasional government retaining power, Malaysia’s stock market powered to a high of 1,826 points, up 7.8 per cent at the opening of trade but eased later to close with a 3.4 per360 words
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Article, Illustration881 2013-05-07 2 S JAYASANKARAN - Opposition shows 2008 showing was no fluke, attracts younger voters MALAYSIAN ELECTIONS By in Kuala S JAYASANKARAN in Kuala Lumpur PRIME Minister Najib Razak and his ruling Barisan Nasional government won another five-year term but Monday’s results also demonstrated that the 2008 election result wasPHOTO: AP - 881 words
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855 2013-05-07 2 TEH SHI NING - By TEH SHI NING [SINGAPORE] Fiscal reforms in Malaysia including fuel subsidy cuts and a goods and services tax (GST) will likely be rolled out in the next two years, most analysts said yesterday after election results returned the855 words
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470 2013-05-07 2 LEE U-WEN - Result points to polarisation that should be addressed, notes Minister Shanmugam By LEE U-WEN [SINGAPORE] Prime Minister Lee Hsien Loong has sent his congratulations to Malaysian Prime Minister Najib Razak for a “well-deserved” victory in the country’s general election on Sunday. Singapore’s Foreign Affairs Ministry470 words
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Article, Illustration472 2013-05-07 3 MALMINDERJIT SINGH - Emphasis on meeting needs of local firms; effective implementation By MALMINDERJIT SINGH [SINGAPORE] Instead of introducing more schemes to help small- and mediumsized enterprises (SMEs) here this year, the government will turn its attention to refining the existing ones and raising their take-up472 words
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860 2013-05-07 3 MICHELLE QUAH - By MICHELLE QUAH [SINGAPORE] The manager and the trustee of publicly listed Cambridge Industrial Trust (CIT) are being sued by two tenants of an $18.5-million industrial property owned by the trust. The tenants claim that Cambridge Industrial Trust Management (CITM) and RBC Investor860 words
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328 2013-05-07 3 LYNN KAN - By LYNN KAN GOVERNMENT officers who returned to work after the weekend found themselves unable to access their e-mail and intranet for the better half of yesterday. The affected agencies included the manpower and transport ministries, along with statutory boards such328 words
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Advertisement74 2013-05-07 2 A unique global business program for individuals and teams now on your doorstep. IMD is a top-ranked business school. We are the experts in developing global leaders through high-impact executive education. Why IMD? We are 100% focused on real-world executive development We offer Swiss excellence with a global perspective We74 words
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Advertisement214 2013-05-07 3 Singapore Everyday Banking Melbourne School Fees Your local and foreign currency transactions all in one account. London Property Pans Vacation Overseas Investment f DBS Multi-Currency Autosave We are giving you the flexibility to bank in multiple currencies DBS Multi-Currency Autosave makes managing your money easier and more efficient. Like a214 words
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COMPANY NEWS
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Article, Illustration491 2013-05-07 4 JOYCE HOOI - Higher costs and one-off expenses hit earnings; revenue up 25% to $182.5m By JOYCE HOOI BOGGED down by higher costs and one-off expenses, Singapore Post (SingPost) rang in net profit that was 14.6 per cent lower at $26.1 million for the fourthFILE PHOTO - 491 words
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Article, Illustration566 2013-05-07 4 FELDA CHAY - By FELDA CHAY INDUSTRIAL property developer OKH Holdings begins life as a listed entity today under the name OKH Global, following a $123.2 million reverse takeover of China-based information technology (IT) solution provide Sinobest Technology. The listing will help OKH to do threeFILE PHOTO - 566 words
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486 2013-05-07 4 ONG CHOR HAO - By ONG CHOR HAO MACQUARIE International Infrastructure Fund (MIIF) has moved to suspend trading of its shares to prevent confusion over entitlements related to a divestment of its Taiwan cable television business. Yesterday, MIIF said in an announcement to the Singapore Exchange (SGX)486 words
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573 2013-05-07 4 SIOW LISEN - Aims for sustainable income stream, capital growth By SIOW LISEN SCHRODER Investment Management (Singapore) Ltd yesterday launched the Schroder ISF Global Mul-ti-Asset Income (GMAI) fund, which offers a potential 5 per cent payout per annum, paid monthly. This follows the success of its573 words
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465 2013-05-07 4 ANGELA TAN - By ANGELA TAN TRADING company Intraco, which owns a 39.48 per cent stake in mainboard listed Dynamic Colours Limited (DCL), has made an offer to buy the rest of the company at 18.5 cents a share in465 words
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Article, Illustration983 2013-05-07 11 Stock languishing 36% below its net asset value as palm oil prices tumble Bloomberg [SYDNEY] Golden Agri-Re-sources Ltd, the palm oil producer with enough plantations to almost cover the Grand Canyon, is ripe for a buyout by its largest shareholder as theBloomberg; PHOTO: BLOOMBERG - 983 words
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350 2013-05-07 11 FELDA CHAY - HMD planning for listing under name of International Healthway Corporation By FELDA CHAY HEALTHWAY Medical Corporation (HMC), a healthcare services group, has proposed an additional distribution in specie to its shareholders of up to 675,324 shares, or a stake of 3.38 per350 words
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453 2013-05-07 13 CARINE LEE - Group sees growth across segments and contribution from newly acquired unit By CARINE LEE MTQ Corporation’s net profit for the fiscal fourth quarter ended March 31 soared 94 per cent to $7.75 million from $3.99 million a year earlier. The profit translating453 words
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COMPANY BRIEFS
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167 2013-05-07 13 OVERSEAS Union Enterprise saw a 91.9 per cent plunge in first-quarter earnings to $1.8 million from $21.8 million a year ago despite a rise in revenue, due to higher finance expenses. Revenue for the three months ended March 31, 2013, rose 8.4167 words
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Article59 2013-05-07 13 ASIAMEDIC has entered into a sale-and-purchase agreement to buy 80 per cent of Complete Healthcare International Pte Ltd (CHI) for a maximum consideration of $2 million in cash. CHI is a multi-doctor medical practice headed by Dr Kim Alana Hayes who will continue to59 words
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54 2013-05-07 13 VIKING Offshore Marine’s first-quarter net profit from continuing operations fell 77 per cent to $237,000 as “other income” dropped 64 per cent to $698,000 due to a one-time gain on divestment of quoted equities in Q1 last year. Revenue inched up one per54 words
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77 2013-05-07 13 THE 39.1 million yuan (S$7.8 million) in losses recorded by abalone producer Oceanus Group a year ago have widened to 45.2 million yuan for its first quarter. This came from a fall in sales as a result of poor demand for abalone that had77 words
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289 2013-05-07 13 MA XIANGYU - By MA XIANGYU CH Offshore, which charters vessels to support the offshore oil and gas industry, yesterday posted a 57 per cent fall in net profit to US$4.76 million for its fiscal third quarter ended March 31, from US$11.06 million a289 words
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359 2013-05-07 13 KENNETH LIM - By KENNETH LIM CHINESE mobile handset designer Longcheer Holdings stayed on the turnaround tracks, posting a net profit for the fiscal third quarter ended March 31. Longcheer yesterday posted net profit of 17.6 million yuan (S$3.5 million), or 4.96 yuan cents per share, for359 words
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Advertisement489 2013-05-07 5 Standard Chartered Here for good 0 Over investment strategies to consider ‘’Standard W bartered m eii j 3 i more Priority Banking Centres to help identify the ones you need "7 1 w vVWtV.ni.v liiiTMTT m invitation to s a rewarding relationship mms m w m 1 fSSKBR m mm489 words
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Advertisement109 2013-05-07 6 Congratulations to OKH Global Ltd. on its listing on the Mainboard of the Singapore Exchange ll II it 'i V'V Hi Hll in ii Mm in i •s? ur Artist Impression o Primz BizHub'- Woodlands Ave 12 Recasting New Frontiers in Property Development" SS3 n ..T ii. IS*' x. P109 words
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Advertisement242 2013-05-07 7 Congratulations to bal Ltd. ainboard on its h of the Singa ii jjliiri ii'iililll -U f mm H 3.\ iiiii iiiii mi piiiii iiiiii Artist Impression The Herencia Kim Yam Road UiHI/w 1 yXs SSSSSi I m /r~z Trail blazing New Property Development Trends" Vbs i h 3Tis» k Hi242 words
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Advertisement111 2013-05-07 8 Congratulations to OKH Global Ltd. on its listing on the Mainboard of the Singapore Exchange o Woodlands Horizon Woodlands Ave 12 M N i c. 2^ W P e t!S»i s s®', m w •■£rs Artist Impression Creating Innovative and Functional Business Hubs for the Future" Si ■•2 g00 0*111 words
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Advertisement134 2013-05-07 9 Congratulations to OKH Global Ltd. on its listing on the Mainboard of the Singapore Exchange Artist Impression ar -s •C i T p 4 T j9 s. K o V "An Innovative Fast-Growing Property Developer Beckons" m ■■I ill > i I mu llii m i ii in t'V 4134 words
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Advertisement258 2013-05-07 10 Congratulations to OKH Global Ltd. on its listing on the Mainboard of the Singapore Exchange SV W w w S r i r i ENTERPRISE Cl ENTERPRISE Enterprising SptrttnQ lO z A 1 1 i I Brilliant Beginnings With a Focus on Property Development" o A'Posh BizHub Yishun Artist Impression258 words
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Advertisement237 2013-05-07 11 Pan Pacific H a B OD■■is* :=lbi <■■ IIMI HI MB B■ a a IB BBB BBB MB BBB BBB s m" 1 Sn«! on"! ui" 1 ri"" S«a«* ill <» s>» m ii „„:s-se Sin mill in miiini mm mini 11 min hi m IPi. i.i .Mi Fii Iff.237 words
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SINGAPORE MARKETS
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Article, Illustration615 2013-05-07 12 R SIVANITHY - SingTel and GLP contribute much of the index’s volume and much of its 12-point gain STOCKS R SIVANITHY Senior Correspondent A QUIET session yesterday ended with the Straits Times Index (STI) rebounding from its 32-point loss on Friday but with the broad market moreSource: Bloomberg - 615 words
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Article73 2013-05-07 12 May 6 VALUE CLOSE BT OB/OS -81.00 -50.00 BT CADI -*****.00 +52.00 BT 10-day MA -*****.00 -8.00 FTSE ST Mid Cap 833.68 +2.19 FTSE ST Small Cap 586.63 +1.25 FTSE ST All Share 832.60 +2.82 FTSE ST China Top 216.77 +0.47 FTSE ST China 245.86 +0.38 FTSE73 words
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Article57 2013-05-07 12 VOLUME YHM 251,380,000 Golden Agri 109,243,000 Armarda 106,535,000 SingHaiyi 98,379,000 Innopac 72,801,000 Acma Ltd 63,135,000 Genting SP 57,293,000 Thai Beverage 44,971,000 See Hup Seng 40,329,000 AsianMicro 38,781,000 VALUE($) GLP 87,750,730 SingTel 87,295,340 Genting SP 84,084,465 DBS Grp 74,430,892 Keppel Corp 67,906,340 Golden Agri 58,344,297 OCBC Bk 45,148,52057 words
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Article186 2013-05-07 12 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 6 3 0 0 0 6 6 3 Manufacturing 53 56 35 4 5 16 57 61 51 Commerce 18 21 20 6 3 6 24 24 26 Tpt/Stor/Comms 19 17 8186 words
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BROKERS’ TAKE
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Article321 2013-05-07 12 May 6 close: S$0.82 OCBC Investment Research, May 6 COSCO Corp (Singapore)’s Q1 2013 revenue and net profit attributable to shareholders came in at S$733 million (-25 per cent y-o-y) and S$9.7 million (-65 per cent y-o-y) respectively. Turnover from shipyard operations, consisting of ship repair and321 words
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Article376 2013-05-07 12 May 6 close: S$4.25 DBS Vickers Research, May 6 SEMBCORP Marine’s (SMM) net earnings grew by 5 per cent to S$118.7 million in Q1 2013, forming 19 per cent of our full-year forecasts. This was a tad disappointing, due to slower than expected revenue recognition from its order376 words
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Article297 2013-05-07 12 KENNETH LIM - Compiled by KENNETH LIM May 6 close: S$0.77 DMG Partners Research, May 6 FOLLOWING the successful launch of the BlackBerry Q10, we are now confident on BlackBerry’s revival, which in turn greatly benefits Hi-P. With orders coming from both Apple and BlackBerry, we expect Hi-P’s excess capacity to297 words
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Article123 2013-05-07 12 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 77,518 77,518 92,246 92,246 Manufacturing 328,659 110,937 439,596 204,890 8,180 213,070 Commerce 107,985 70,980 178,965 76,163 5,091 81,254 Tpt/Stor/Comms 145,637 12,557 158,194 196,907 4,976 201,882 Finance 89,827 2,335 92,162 189,508 1,215 190,723 Construction 113,397 251,630123 words
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Article116 2013-05-07 12 Stock name Close Change CapMallsAsia 2.070 +0.010 CapitaLand 3.710 +0.040 CapitaMall 2.340 +0.010 CityDev 11.43 +0.050 ComfortDelGro 1.990 +0.035 DBS Grp 17.45 +0.050 GLP 2.900 +0.100 Genting SP 1.460 -0.025 Golden Agri 0.535 +0.010 HK Land 7.400 +0.010 HPH Trust US$ 0.825 -0.005 JMH 65.30 +0.100116 words
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Article, Illustration499 2013-05-07 12 CURRENCIES Bloomberg [TOKYO] The yen yesterday weakened for a third day, approaching 100 per US dollar, as optimism that the US economic recovery is gathering pace reduced demand for the Japanese currency as a haven. The yen declined against 14 of its 16Bloomberg; PHOTO: REUTERS - 499 words
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Article116 2013-05-07 12 BY CENTS CLOSE UP DBXT MSUSA 10US$ 3974 364.4 8.0 IS S&P500 ***** 190.8 1.0 Lyxor Indonesia10US$ ***** 158.8 1.2 DBXT MSMSIA 10US$ 1547 92.3 5.1 Lyxor Malaysia 10US$ 1063 88.6 7.3 DBXT FTVietnam 10US$ 2410 64.0 2.2 DBXT MSKorea 10US$ 5831 32.0 0.4 Lyxor Asia EX 10US$ 456116 words
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Article125 2013-05-07 12 BY CENTS CLOSE DOWN DBXT AUD Bonds 5AU$ ***** -54.3 -0.2 DBXT S&P Short 10US$ 3054 -48.0 -1.3 GLD 10US$ ***** -46.8 -0.3 DBXT MSTHAI 10US$ 2307 -36.9 -1.3 UOB 2155 -25.0 -1.1 Hyflux 6% CPS 10 ***** -24.0 -0.2 OCBC Bk 5.1%NCPS 100 ***** -20.0 -0.2 UOI 422125 words
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Page 13 Advertisements
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Advertisement52 2013-05-07 13 Residential Site At Hillview Terrace Site area 10,087 sf approx MP 2008 Resl, PR 1.92 Tranquil setting next to Little Guilin Tender Closing: Tues, 4 June 2013, 3 pm Not To Scale. For Reference Only Investment Advisory Services Tel: 6293 3228 DTZ Debenham Tie Leung (SEA) Pte Ltd CEA Licence52 words
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Advertisement119 2013-05-07 13 w Place your risk in the market, not in your price. Many Forex brokers claim to offer extremely low prices down to 0.8 pips. But, what's the point of a good price if you don't have the liquidity to make the most of it or worse, your order is flat119 words
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SINGAPORE NEWS
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Article, Illustration815 2013-05-07 14 MA XIANGYU - Local firm Gcorelab is developing a small liquid-based thermal management system for electric vehicles By MA XIANGYU IF Boeing’s struggles with its Dreamliner 787s grounded since January because of overheating batteries tell us anything, it is that proper thermal management of lithium-ion batteriesPHOTO: ARTHUR LEE - 815 words
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310 2013-05-07 14 NG ZHUO YANG - Project to develop gyro-sensor is the Japanese company’s first collaboration with IME By NG ZHUO YANG JAPANESE camera and image-processing modules maker Shikino High-Tech has signed a research agreement with A*Star Institute of Microelectronics (IME) to develop a low-power and high performance gyro-sensor310 words
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Article, Illustration186 2013-05-07 14 SHANGRI-LA Hotel Singapore will be showcasing a piece of local tea culture with daily demonstrations of how a cup of teh tarik is made. Meaning “pulled tea”, the drink is created by pouring a stream of tea at height from one mug to another186 words
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SINGAPORE ROUNDUP
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152 2013-05-07 14 The Japan External Trade Organisation (Jetro) is inviting foreign companies looking to set up regional headquarters or R&D operations in Japan to apply for subsidies to defray part of the cost of the initial set-up. The subsidy, subject to a limit152 words
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134 2013-05-07 14 THE National Arts Council (NAC) will be conducting the first Arts and Culture Employment Study (ACES) to gather data on practitioners and organisations in the arts and cultural sector. The online survey aims to build a deeper understanding of the various levels of work.134 words
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Page 14 Advertisements
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Advertisement1061 2013-05-07 14 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HEALTHWAY MEDICAL CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****8625C) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Healthway Medical Corporation Limited (the “Company”) will be held at The National University1,061 words
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Advertisement496 2013-05-07 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 and IN THE MATTER OF VK GLOBAL HOLDINGS PTE. LTD. Company Regn No *****4375W (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the Creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before 7th June496 words
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SAFETY & SECURITY IN ASIA
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Article, Illustration1404 2013-05-07 15 Five exhibitions are held together for the first time to highlight the importance of having safe, secure and healthy workplaces IT'S a one-stop show for those in the building industry, an integrated exhibition platform poised to be the premier sourcing platform for security, emergency management, safetyPHOTO: CONFERENCE & EXHIBITION MANAGEMENT SERVICES - 1,404 words
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Advertisement224 2013-05-07 15 Safety SECURITY ASIA 2013 SINGAPORE 4)* SI IRE Disaster Asia 2013 SINGAPORE international facility llalYlb MANAGEMENT EXPO 2013 FIRE PREVENTION TECHNOLOGY Si EQUIPMENT EXHIBITION WORKPLACE SAFETY HEALTH ASIA 2013 SINGAPORE In conjunction with: LEOTEC ASIA 2013 Visit Asia's integrated exhibition platform for the building industryThe most supported sourcing venue for224 words
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Advertisement164 2013-05-07 15 Brighten Up Your Business! Singapore Int'l LED/OLED Technology Show 2013 The LEDTEC Asia series is the only trade show in Singapore dedicated to the LED/OLED market, exhibiting high quality LED/OLED products, as well icQjgf 2013 as hi 9 hli ght eco-friendly and intelligent devices which contribute to the Singapore Int'l164 words
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SME Inc
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Article, Illustration1259 2013-05-07 16 MARIA MALA YOGALINGAM - D’Crypt co-founder and CEO Antony Ng says that in his business of security equipment, virtue is everything By MARIA MALA YOGALINGAM IT was some animated chatting over coffee that led to the establishment of D’Crypt, a high-value design and development house which specialises in building highPHOTO: ARTHUR LEE - 1,259 words
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Article, Illustration1045 2013-05-07 17 NEO BOON SIONG - Businesses should look to enhance value, build scale and start a rethink at the leadership level THE VIEW FROM NTU PROFESSORS By NEO BOON SIONG The writer is chairman of the Nanyang Business School’s executive education programmes and a former dean of the school PRODUCTIVITY has1,045 words
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257 2013-05-07 17 BENJAMIN AW - New seminar aims to provide solutions for productivity, brand building and staying in the pink of fiscal health By BENJAMIN AW A BUSINESS productivity seminar to be held on May 22 will allow experts and entrepreneurs to share ways of growing healthy257 words
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Page 16 Advertisements
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Advertisement138 2013-05-07 16 Since 2003, the GET-Up programme has helped over 400 SMEs to grow and leverage your queries. SPEAKERS: Ms Valerie Tan Founder/CEO Pinnacle GUEST OF HONOUR Mr S. lswaran Second Minister for Trade and Industry 14 May 2013, Tuesday 9:30am 2:00pm Resorts World Sentosa, Singapore Compass West Ballroom Mr Malcolm Rodrigues138 words
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Advertisement27 2013-05-07 16 MAY ISSUE OUT NOW! INTHISISSUE 50% off1-year digital edition C Singapore ampus v Likes m u Nominate your secondary school uniform to be SG Coolest School Uniform!27 words
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Advertisement134 2013-05-07 16 HAVE an interesting story on an SME to share? Drop us a note on why you think the company should be featured in our weekly SME INC pages, with details such as how the company has grown and its expansion plans. Send your e-mail to Felda Chay at feldac@sph.com.sg with134 words
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Advertisement11 2013-05-07 17 CATS Recruit The first step on your ladder to success CLA/AUG06/g11 words
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Advertisement275 2013-05-07 17 HP recommends Windows. Ready for business Windows 8 Pro Essential mobility at an irresistible value price. Optimised for Windows 8 Pro, the HP 450 comes with a 14-inch diagonal display and offers Intel® technology, wireless capabilities and multimedia tools. And the durable casing protects the notebook's matte charcoal finish, so275 words
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ECONOMY WATCH
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Article, Illustration666 2013-05-07 18 Paris-Berlin policy wrangling may persist as Germany goes to polls in Sept Bloomberg [PARIS] French Finance Minister Pierre Moscovici declared the era of austerity over after his German counterpart offered flexibility on deficit cutting, an interpretation that portends renewed bickeringBloomberg; PHOTO: REUTERS - 666 words
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430 2013-05-07 18 Reuters [LONDON] The eurozone’s business downturn dragged on in April, suggesting the region may be falling deeper into recession this quarter, business surveys showed yesterday. The purchasing managers indexes (PMIs) also showed that Germany is now suffering a contraction in business activityReuters - 430 words
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458 2013-05-07 18 They decline 0.4%; help-wanted notices drop 1.3% in April Bloomberg [SYDNEY] Australian retail sales unexpectedly fell in March and job advertisements dropped for a second month, sending the currency lower as traders see a 50-50 chance the central bank will resume cuttingBloomberg - 458 words
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Page 18 Advertisements
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Advertisement142 2013-05-07 18 ‘s'? r: h Ca •5? s sa r *rv h j r .-£■1 '-=-r m iff fl t X sUsddijstj ‘/ha ffi/jp/ to ijjis/p/jsjjrjjj tiioojkrjoo 'V, Do you lead a local enterprise that has soared to new heights of excellence? It is time to be recognised. Chart new business frontiers142 words
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Advertisement2895 2013-05-07 19 1. INTRODUCTION MANDATORY CONDITIONAL CASH OFFER CIMB BANK BERHAD (*****-P) Singapore Branch (Incorporated in Malaysia) for and on behalf of INTRACO LIMITED (Company Registration No.: *****0526Z) (Incorporated in the Republic of Singapore) to acquire all the issued ordinary shares of DYNAMIC COLOURS LIMITED (Company Registration No.: *****4233Z) (Incorporated in the2,895 words
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OCBC CYCLE
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Article, Illustration675 2013-05-07 20 / 21 TEO SI JIA - By TEO SI JIA IN a switch from its usual race activities in September, the F1 Pit Building was transformed into a stage for vehicles of the two-wheeled variety last month. Into its fifth year, OCBC Cycle Singapore, which ran from April 25 toPHOTOS BY SPECTRUM WORLDWIDE, THE STRAITS TIMES AND NEW PAPER - 675 words
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MALAYSIA/INDONESIA
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316 2013-05-07 22 Research house says loan demand will pick up now that election results are out [KUALA LUMPUR] Malaysian banks are expected to play catch-up with regional peers as the removal of the political overhang from the 13th general elections should lead to lower risk premiums,316 words
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679 2013-05-07 22 Fall in investment and slowing consumption cited for 6.02% growth Reuters [JAKARTA] Indonesia’s economy grew at its slowest pace in 21/2years in the first quarter, hurt by slowing private consumption, lower investment and a contraction in mining services, suggesting the government’s projection forReuters - 679 words
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513 2013-05-07 22 Bourse may face selling pressure as inflation rises Bloomberg [JAKARTA] Money managers who profited most from Indonesia’s 57 per cent stock-market rally are preparing for a temporary retreat as valuations climb to record highs and inflation accelerates. The MSCI Indonesia Index is poisedBloomberg - 513 words
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Advertisement240 2013-05-07 22 Never Hit Another The Road STCars is now available on Android iPhone for FREE! m T .i: 78% Guides Articles T 14:32 New Cars Ike-through Merc Samuel Ee lished; 2013-01-26 Ferrari FF 6.3 (A) Ital Auto $1,115,000 awing re- lory Featured New Cars Gallery Features •v ariaa 105/- bhp/rpm SUV240 words
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GREATER CHINA/INDIA
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Article, Illustration593 2013-05-07 23 They accept 9.8% wage hike; dispute hits city’s reputation as a trade hub Bloomberg [HONG KONG] Port workers at billionaire Li Ka-shing’s Hongkong International Terminals (HIT) ended the longest strike at Hong Kong’s container terminal as they accepted a 9.8 per cent wageBloomberg; PHOTO: AFP - 593 words
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568 2013-05-07 23 Weak figure is fresh evidence of rising risks to revival in nation’s economy Reuters [BEIJING] Growth in China’s services sector slowed sharply in April to its lowest point since August 2011, a private sector survey showed yesterday fresh evidence of rising risks toReuters - 568 words
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431 2013-05-07 23 Overseas demand takes a hit from ongoing downturn in the eurozone Reu ters [BANGALORE] Indian services growth eased dramatically during April as new orders came in at a much slower pace, prompting firms to rein in hiring plans, a business survey showed yesterday.Reuters - 431 words
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Advertisement319 2013-05-07 23 X uli rw tnteroriseMT2013 The 10 th International Information Technology Exhibition Conference for the Enterprise 18-21 June 2013 Basement 2, Level 1 3 Marina Bay Sands Enterprising Solutions, Enabling Businesses Source for the latest business-enabling technologies and solutions at EnterpriselT2013 Asia’s leading event and sourcing point for Enterprises. Join us319 words
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Advertisement254 2013-05-07 23 FTm iWI HUATING Restaurant Level 2 Hua Ting. Because Moms The Best, J < Only the finest Cantonese cuisine will do to show your gratitude for a Mothers love. And only multiple award-winning Hua Ting with its accomplished culinary team led by Masterchef Lap Fai can create a Mother’s Day254 words
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WORLD
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756 2013-05-07 24 They question firm’s pricing strategy and are supporting multiple platforms Bloomberg [SAN FRANCISCO] Apple is missing out on a chance to court as many as 2.8 billion new smartphone customers, many of them in Asia, as wireless-service providers baulk at conditionsBloomberg - 756 words
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Article, Illustration386 2013-05-07 24 AFP [WASHINGTON] Billionaire Warren Buffett has praised the policies of both President Barack Obama and his predecessor George W Bush for moving the US economy in the right direction. US stocks soared to new closing records last Friday after a strong USAFP; PHOTO: BLOOMBERG - 386 words
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819 2013-05-07 26 More funds may be needed to help sell rescued lenders and keep Sareb going Reuters [MADRID] Spain’s bill to bail out its banks may yet rise, some bankers and analysts fear, as a worsening economy hampers the government’s early attempts toReuters - 819 words
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Article, Illustration679 2013-05-07 26 Moves made to overhaul Bangladesh garment industry [MUMBAI] Global clothing brands involved in Bangladesh’s troubled garment industry responded in starkly different ways to the building collapse that killed more than 600 people. Some quickly acknowledged their links to the tragedy and promised compensation. OthersPHOTO: AP - 679 words
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Article, Illustration504 2013-05-07 26 AFP [ROME] Giulio Andreotti, one of Italy’s most prominent post-war figures, died yesterday at the age of 94. The sev-en-time former Italian prime minister was a cunning political power broker who presided over Italy’s recovery after World War II and wasAFP - 504 words
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Article, Illustration381 2013-05-07 26 Bloomberg [SYDNEY] Rio Tinto Group, the world’s second-biggest miner, is likely to pursue a US$5 billion expansion of its iron-ore output in Australia, chief executive officer Sam Walsh said, according to two people present at a meeting with investors and analysts yesterday. TheBloomberg - 381 words
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476 2013-05-07 26 Australia’s debt gained 2.2 per cent: BoAML data Bloomberg [SINGAPORE] Australian bonds returned five times as much as US Treasuries in the past month as investors hunt for income in a universe of AAA debt that has shrunk by US$11 trillion since 2007.Bloomberg - 476 words
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Article, Illustration634 2013-05-07 27 Govt dismisses talk of bailout as banks are saddled with 6.8b euros of NPLs NYT [LJUBLJANA, Slovenia] Only a few years ago, Bine Kordez was feted as Slovenia’s star entrepreneur. After transforming a home improvement chain, Merkur, into a regional giant, he drewNYT; PHOTO: NYT - 634 words
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540 2013-05-07 27 Lessons learned two decades ago help it handle current crisis Bloomberg [STOCKHOLM] After suffering through devaluations, three years of economic contraction and a banking crisis in the 1990s, Sweden has learned how to handle financial turmoil. Now, the largest Nordic economy is emergingBloomberg - 540 words
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716 2013-05-07 28 Fees in Persian Gulf plummeting on increased competition from international and local lenders Bloomberg [DUBAI] HSBC Holdings, the biggest bond underwriter in the Persian Gulf since 2007, and Barclays said fees in the region are plummeting because ofBloomberg - 716 words
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Article, Illustration635 2013-05-07 28 He seeks stronger backing to pass reform legislation Bloomb erg [MANILA] Philippine President Benigno Aquino spent a third of his working days in the past two months campaigning for allies seeking seats in the senate, where he barely won the vote toBloomberg; PHOTO: REUTERS - 635 words
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Page 24 Advertisements
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Advertisement2124 2013-05-07 24 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ASIAN PLANTATIONS LIMITED (Company No. *****9551D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Boardroom, The American Club, 10 Claymore Hill, Singapore2,124 words
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Advertisement312 2013-05-07 24 In the Matter of The Companies Act, Cap. 50 And in the Matter of NIPPON MEDEN PTE. LTD. Company Registration No. *****3250Z (In Members’ Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that the FINAL MEETING of312 words
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Page 25 Advertisements
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Advertisement164 2013-05-07 25 AS SIMPLE AS 1,2,3 Be it a property, car or job opening and anything under the sun, advertising on our respective sites is really hassle-free. Check out any of these 3 easy ways to get started: 1. DIY OR EMAIL Simply visit any of our portals to self-register and place164 words
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Page 27 Advertisements
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Advertisement208 2013-05-07 27 CALL FOR PERFORMERS Step Right Up! Be part of ChildAid 2013 CarnivalEdition Young ladies gentlemen, step right up! If you think you can sing, dance, play a musical instrument or perform a circus act, come try out for our next ChildAid concert! Email your entry to childaid@sph.com.sg by June 8,208 words
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Page 28 Advertisements
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Advertisement163 2013-05-07 28 p 1 ST' ini/. 1 atex '■'■y0 -^CROSS'* 5 Awarded Best in Cross Media Advertising (Silver) for Asian Digital Media Awards 2012 Your ideal candidate, now one package deal away. Privileges you'll enjoy: Most reliable localised jobseekers database comprising Singaporeans and PRs Advanced matching technology provides you with resumes of163 words
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Advertisement11 2013-05-07 28 CATS Recruit The first step on your ladder to success CLA/AUG06/g11 words
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AVIATION/SHIPPING
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262 2013-05-07 29 MARIA MALA YOGALINGAM - It will launch weekly flights to Yogyakarta from July 1, and to Bandung from Aug 1 By MARIA MALA YOGALINGAM [SINGAPORE] Tiger Airways is extending its services to two more cities in Indonesia, with the launch of weekly flights to Yo-262 words
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Article, Illustration1058 2013-05-07 29 Planemakers seek safer, more incremental path NYT [WASHINGTON] After a decade of pushing hard on the edge of technology, Boeing and Airbus are turning more cautious in building new jetliners. Boeing’s announcement last week that it had begun pitching airlines on an enhancedNYT; PHOTO: BLOOMBERG - 1,058 words
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Article241 2013-05-07 29 SGX '000 May 6 S$ +/-Vol CH Offshore 0.46 -0.01 148 Chuan Hup Hldg 0.26 unch 81 Cosco Corp 0.82 -0.05 7486 CWT Ltd Ezra Hldgs 0.96 0.01 4059 First Ship Lea 0.13 unch 234 Freight Links 0.09 unch 6504 Grand Banks.............unch unch 0 Jaya Hold Ltd 0.65241 words
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244 2013-05-07 29 Bloomberg [SINGAPORE] China Shipping Container Lines Co, the country’s second-biggest shipping company, ordered the world’s biggest container ship, taking over the title from AP Moeller-Maersk A/S. Hyundai Heavy Industries Co will build five vessels each capable of carrying 18,400 20-foot containers for US$700 millionBloomberg - 244 words
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746 2013-05-07 29 Reuters [DUBAI] As they prepare to buy Boeing’s new 777X jet, Gulf airline giants Emirates and Qatar Airways are warning that Boeing must avoid the mistakes of the 787 Dreamliner, which cost customers millions of dollars when its batteries failed. These fast-growing GulfReuters - 746 words
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Page 29 Advertisements
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Advertisement234 2013-05-07 29 I radmg Methodology with and without Indicators Technical charts are often used by traders to identify the precise price turning points, which allow them to maximise their trading profits. Without technical indicators, one would base solely on the movement of price to determine the future trend. With the oid of234 words
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Page 29 Miscellaneous
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Miscellaneous317 2013-05-07 29 CRYPTIC CROSSWORD Across 1 Cool stall selling marine produce? (11) 9 New arrival anticipating fine instrument (4,5) 10 Left murder victim to get tag (5) 11 Limit speech when start is ignored (6) 12 Various stores renovated in a day? (8) 13 The bench come to a decision (6) 15317 words
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EDITORIAL & OPINION
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538 2013-05-07 30 EDITORIAL IT was billed as the “mother of all Malaysian elections.” Indeed, it promised to be one of the closest political battles in the country’s 56-year history, with the ruling Barisan Nasional (BN) coalition facing its toughest challenge from an opposition538 words
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Article, Illustration792 2013-05-07 30 WILLIAM PESEK - Abenomics’ to be tested in second 100 days THE BOTTOM LINE WILLIAM PESEK The writer is a Bloomberg View columnist. The opinions expressed are his own Bloom berg THE accomplishments of the first 100 days in office are a favourite benchmark for democratic leaders. It is thought to offer aBloomberg - 792 words
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Article, Illustration875 2013-05-07 30 EDWARD HADAS - Crusaders will have to offer something more substantial than eloquent calls for virtue Ipl REUTERS BREAKINGVIEWS By EDWARD HADAS Business ethics is too bland. That thought crossed my mind during a quite good speech on the topic by Vincent Nichols recently atPHOTO: BLOOMBERG - 875 words
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Article, Illustration1586 2013-05-07 31 MAK YUEN TEEN - Without disclosure of performance measures and targets, it is impossible to assess if top-level remuneration is fair By MAK YUEN TEEN The writer is an associate professor at the NUS Business School, where he teaches corporate governance and ethics SOME years ago, I was participatingPHOTO: BLOOMBERG - 1,586 words
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Article, Illustration1018 2013-05-07 31 ANITA FUNG - By ANITA FUNG The writer is CEO, Hong Kong of HSBC Bank WHILE economists have been debating how long it will take the renminbi to achieve reserve currency status, the redback seems to have acquired a lot of reserve-like attributes already. Most analysts tendPHOTO: REUTERS - 1,018 words
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Article1468 2013-05-07 32 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination STXPO TBN Camden/New1,468 words
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Page 32 Advertisements
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Advertisement87 2013-05-07 32 Shipping lines! Canthey seeking reliable I find your logistics partners I the I Shipping I Times? The Business Times TO ADVERTISE, CALL JOE WONG AT 9620 1327 PLACE YOUR AD HERE .The Business Times Shipping Times CALL JOE WONG AT 9620 1327 PLACE YOUR AD HERE The Business Times Shippi87 words
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SINGAPORE STOCKS
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Article3175 2013-05-07 33 Transaction date: May 6 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol Day Last Quote 10.4 7 AEM --AAT C'vr 184 106 AIMSAMPIReit 180 unch 375 181 179.53,175 words
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Article235 2013-05-07 34 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol 4.6 1.3 t Advanced System 1.6 unch 1929 1.6 1.6 1.5 1.6 25.4 Last Quote Div Gr Yld Net M Cap High235 words
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Article10456 2013-05-07 34 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha FundCl A!** Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mat Asia Limited 1.0063/ Asian Smaller Cos!' .2.0377/ EM local Ccy Bond 1 0256/ European Opportunities!’’ 1.188/ Global Emerging Markets!" Global Opportunities/*' ...0.9514/ Global10,456 words
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Article263 2013-05-07 34 52 Wk High low Company Last Sale+h Vol {'000/ t High Day low l#si Quote Owyer Seller •w tvr GrVld V. Wet WCap Smll W AWeiilii*it» +OS 63 id <40 if *9 13 IH4 »>u JO Gmll'iiy HK USV jvig •0' ■<j5 <185 'IK j <vy X'ZtHJ e-,y i263 words
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Article950 2013-05-07 34 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 120.2 +0.2 22 120.2 120 119 120.2 548.7 136.8 120.4 CIMB APAC Div 100S$D 136.8 139.2 140.1 111.7 95.8 CIMB950 words
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FINANCE & COMMODITIES
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Article619 2013-05-07 35 May 6 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.25 *****.48 *****.96 Jun13 *****.00 *****.00 *****.00 *****.00 ***** *****6 Sep13 *****.00 *****.00 *****.00 *****.00 20 3925 MSCI TAIWAN INDEX FUTURES SPOT 293.57 296.04 293.57 May13 294.40 297.80 293.90 295.20 ***** *****7 Jun13 293.80619 words
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373 2013-05-07 35 In local curr In S$ In US$ dy yr dy yr dy yr May 3 Index Change Change Change Change Change Change World Preliminary 1059.0 0.9 12.9 0.8 12.0 1.0 10.9 EAFE Preliminary 880.5 0.7 13.7 0.6 10.2 0.7 9.1 Europe Preliminary 1250.0 1.1 9.0373 words
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Article471 2013-05-07 35 May 6 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.035 6.326 0.783 7.965 55.500 99.904 1.020 11.236 3.052 1.203 100.931 42.002 1.264 9.186 0.962 30.400 30.398 0.659 1.026 Canada 0.966 6.112471 words
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Article66 2013-05-07 35 May 6 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid66 words
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Article135 2013-05-07 35 May 6 GOLD(US$/oz) May 03 May 06 Hong Kong 1485.50 1482.30 May 02 May 03 London 1465.74 1467.80 1467.46 1468.55 Source: Thomson Reuters CAST BAR May 06 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 131 58 5gm 372 291 10gm 665 582135 words
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Article90 2013-05-07 35 May 6 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 12-Aug-13 0.24 6-Month BS*****N 01-Nov-13 0.25 1-Year BY*****H 02-May-14 0.25 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-13 100.08 5-Year N*****0T 2.375 01-Apr-17 100.0490 words
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Article57 2013-05-07 35 May 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 13 2240.0 2229.0 2246.0 2240.0 55 1564 Jun 13 2254.0 2249.0 2255.0 2232.0 1094 7266 Jul 13 2263.0 2250.0 2266.0 2230.0 ***** ***** Aug 13 2255.0 2248.057 words
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Article156 2013-05-07 35 May 6 May Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2631 1.2648 1.0262 1.0267 Canadian dollar 1.2206 1.2219 0.9919 0.9917 Euro 1.6144 1.6159 1.3116 1.3117 NZ dollar 1.0500 1.0511 0.8530 0.8532 Sterling pound 1.9156 1.9176 1.5563156 words
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Article109 2013-05-07 35 May 3 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 13 1455.00 1441.00 1471.00 1440.00 Jul 13 1387.25 1372.25 1399.75 1372.00 Aug 13 1335.25 1318.25 1344.75 1319.00 Sep 13 1265.75 1247.50 1271.25 1247.75 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 13109 words
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Article94 2013-05-07 35 May 3 COCOA (£/tonne) Close Prev High Low May 13 1563 1565 1576 1563 Jul 13 1567 1570 1580 1565 Sep 13 1575 1577 1587 1573 Dec 13 1578 1579 1590 1576 COFFEE(US$/tonne) Close Prev High Low May 13 1980 1983 1985 1969 Jul 13 2020 2020 2027 200794 words
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Article70 2013-05-07 35 CRUDE OIL PRODUCTS May 3 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 104.08 3.13 WTI (Near Mth) 95.47 1.57 Dubai (1-Mth F) 99.51 2.28 Tapis blend 106.71 2.39 Minas 101.01 1.19 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 90.50 0.89 Jet Kerosene 114.01 2.28 US$/barrel OpecOil Basket70 words
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Article22 2013-05-07 35 May 6 S$ Bid Offer 1-month 1.2309 1.2319 2-months 1.2308 1.2319 3-months 1.2308 1.2319 6-months 1.2305 1.2322 Source: OCBC22 words
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Article67 2013-05-07 35 May 03 May 03 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1847.00 1774.25 3 months 1882.00 1811.00 Copper, Grade A(US$/tonne) Cash 7243.75 6818.00 3 months 7270.00 6848.00 Lead(US$/tonne) Cash 2021.25 1923.25 3 months 2038.00 1941.00 Nickel (US$/tonne) Cash *****.25 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.0067 words
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983 2013-05-07 35 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left (’000) Conv Ratio Asiatravel.com HoldingsW*****7 1 1 25 14 Asiatravel.com HoldingsW*****5 1.3 1 27 38 Prem Best World Intl Ltd W*****5 0.8 1 30 26 30.63 2 Expiry Biosensors MB eCW*****2983 words
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Article121 2013-05-07 35 As at 9am May 06 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.297 1.236 Can dollar 1.243 1.196 Euro 1.653 1.575 Sterling pound 1.954 1.879 NZ dollar 1.077 1.036 US dollar 1.254 1.195 Local dollars to 100 units of foreign121 words
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Article157 2013-05-07 35 May 6 $S Offer Bid 0vernight 0.01 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.08 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.60 0.40 9 months 0.75 0.55 12157 words
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PROPERTY
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Article, Illustration1238 2013-05-07 36 Homeowners paying down principal and shortening maturity of mortgages Bloomberg [WASHINGTON] The wealth effect from rising house prices may not be as effective as it once was in spurring the US economy. Rather than using their properties as ATM machines to boostBloomberg; Mac.PHOTO: AFP - 1,238 words
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247 2013-05-07 36 Bloom berg [DUBAI] IFA Hotels Resorts Co, a company partly owned by Saudi billionaire Prince Alwaleed Bin Talal, is in talks with several Middle East investors to sell the Fairmont hotel at the trunk of a man-made island in Dubai, the propertyBloomberg - 247 words
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Article, Illustration1049 2013-05-07 37 Units seem a viable financing source as tourism booms and loans stay dry Bloomberg [DUBAI] It took Damac Properties Co one day to sell the first 200 units in its Hollywood-themed apartment and hotel project as buyers seized the opportunity to invest in Dubai’sBloomberg; PHOTO: DAMAC PROPERTIES VIA BLOOMBERG - 1,049 words
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Article, Illustration396 2013-05-07 38 NISHA RAMCHANDANI - Pan Pacific Serviced Suites Beach Road offers single-night and extended stays By NISHA RAMCHANDANI [SINGAPORE] Pan Pacific Hotels Group has launched a second property in Singapore this year with the 180-suite Pan Pacific Serviced Suites Beach Road, which will largely cater to396 words
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636 2013-05-07 38 Bloomberg [MANILA] The Philippines may further limit property loans to prevent a housing bubble as it uses lower interest rates rather than capital controls to deter inflows. “We plan to reference re-al-estate exposure to adjusted capital of banks,” Bangko Sentral ng Pilipinas governor Amando TetangcoBloomberg - 636 words
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328 2013-05-07 38 FELDA CHAY - By FELDA CHAY [SINGAPORE] Yi Mei Garden, a freehold residential development at Tampines Road, is up for collective sale by tender with its owners looking at a selling price between $132 million and $135 million. This works out to $805 $810 per square328 words
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Article, Illustration432 2013-05-07 38 MINDY TAN - Prices are said to start from $1.28m for a 538 sq ft unit By MINDY TAN [SINGAPORE] Far East Organization, which sold seven units of its ultra-luxury development Ferra, is also privately previewing The Siena. Comprising 54 compact SOHO apartments, unit sizes of432 words
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821 2013-05-07 38 Bloomberg [LOS ANGELES] Six years after the start of the foreclosure crisis, American homeowners are paying their mortgages like the housing crash never happened. First-time delinquent home loans fell to 0.84 per cent of the 50.2 million mortgages in March, the first monthBloomberg - 821 words
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Page 36 Advertisements
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Advertisement85 2013-05-07 36 FOR SALE: 35 Tuas View Crescent DTZ Property Network Pte Ltd Estate Agent Licence No.: L*****60A Subject property located Tuas View Crescent Possible projected berthing port and container park zone around 2030 Part 1 part 3-storey Detached Industrial Warehousing premises Land: 172,209.48 sqft B2 zone uses (subject to JTC) Tenure:85 words
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Advertisement327 2013-05-07 36 Ns Ns S\s SS> ■s, V> N V i> 1 V **> r T«s U TBs fTittii V UI„. JI SOUTHBANK UNITS FOR SALE Rare offering of 28 commercial SOHO units Riverfront location along North Bridge Road CBD fringe 2 minutes walk to Lavendar MRT station Rejuvenating location surrounded by327 words
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Advertisement121 2013-05-07 36 Australian Property Finance Have you recently bought an Australian property and need a loan to complete the transaction? Already own and want to ensure you have the best loan? CONTACT SPECIALIST MORTGAGE HERE IN SINGAPORE FOR FREE IMPARTIAL ADVICE TO REVIEW ALL OF YOUR OPTIONS. Web www.smats.net Email smats@smats.net 10121 words
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Advertisement148 2013-05-07 37 i) EiT NASSIM ROAD Real value in a changing world Most coveted Good Class Bungalow Area Highly elevated with commanding views Regular-shaped land; Broad frontage Tender Closing: 16 May 2013 (Thursday), 2.30pm Carin Puah ceano ro2789sb AAA A A A A A lay Liam Hiap ceano R*****0Z jfiJJ 11 \XXX148 words
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Advertisement242 2013-05-07 37 SPRINGLEAF TOWER Strata Office Floor For Sale £>S ■ssS ss is^S YM YM I Si! i y <« f' S8», 11 hi it Tanjong Pagar MRT Station Ideal for end users Very high quality office finishes Car parking Car drop-off point Entire floor for sale Strata Area approximately 10,333 sq242 words
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Advertisement29 2013-05-07 37 SUNTEC TOWER THREE 2670 3000 4500 /1O.OOOsqft High floor sea view Selling with tenancy Serious Seller Yanina: 9101 5807 jenal 173@yahoo.co.uk CEA Reg No: R*****1Z DTZ [Licence No: L*****60A29 words
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