The Business Times, 14 June 2013

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Microfilm: NL32624
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Friday, June 14, 2013
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  • Article
    Lock icon Tokyo makes frantic effort to calm nerves
    821 1  -  Kuroda says Japan on steady recovery path and will gather strength gradually By ANTHONY ROWLEY By in Tokyo JAPANESE officials sought anxiously to quell growing investor alarm and market volatility yesterday as Tokyo’s Nikkei stock average slumped by 6.4 per cent to its
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,130.69 (-22.79) HST INDEX FUTURES 3,131.00 (-23.00) HSIMSCI 351.77 (-2.29) HSIMSCI FUTURES 351.80 (-1.40) US$ S$ US$ (S$ per US$) 1.255 (US$/S$ per 1.566 1.965 EURO (US$/S$/€ 1.335 1.674 Foreign currency per US$ S$ YEN 94.20 75.10 RM 3.139 2.502 HK$ 7.764 6.189 BAHT 30.94 24.66 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Thursday Change KL COMP 1,742.87 -32.25 NIKKEI 225 12,445.38 -843.94 HANG SENG 20,887.04 -467.62 SET INDEX 1,403.27 -30.20 JAKARTA COMP 4,607.66 -90.22 MANILA COMP 6,114.08 -442.57 SEOUL COMP 1,882.73 -27.18 SHENZHEN B 815.28 -44.64 MUMBAI IND 18,827.16 -213.97 12noon EDT Change DOW 15,050.41 +55.18 NASDAQ 3,414.61 +14.18
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    • Article
      Lock icon PRIME RATES
      24 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG JAPAN INDONESIA KOREA TAIWAN BRITAIN JAPAN US KOREA CANADA BRITAIN SWITZERLAND US INDIA CANADA Source: Bloomberg
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  • Article, Illustration
    Lock icon Markets finally coming to grips with reality
    699 1  -  COMMENTARY R SIVANITHY Senior Correspondent TOCK markets around the world have been savaged over the past three weeks, triggered by US Federal Reserve chairman Ben Bernanke’s recent hints at a tapering off of the Fed’s “quantitative easing” (QE) programme. Yet, traders, brokers and
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      78 1 BOOKS Inspiring reads for Dad COMPANIES See Hup Seng EGM to vote on ousting MD PAGE 5 OPINION Women leaders: ‘Brave’ is the word PAGE 33 PAGE 21 ART New show by Thomas Yeo PAGE 34 PREMIUM PROFESSIONALS EXECUTIVE LIFESTYLE The daddy connection: Blogging about fatherhood Running an insurance firm
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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 22-24
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  • TOP STORIES
    • Article
      Lock icon Weakened Sing dollar may yet slide to $1.29/30 by month-end
      1085 2  -  But many analysts expect intervention from MAS before $1.28 is reached By SIOW LI SEN [SINGAPORE] Asian currencies are getting quite a beating and the Singapore dollar is struggling to hold the fort even as some of its neighbours are
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    • Article, Illustration
      Lock icon Swiss refiner joins Singapore gold rush
      679 2  -  By ANDREA SOH [SINGAPORE] In the first tangible embodiment of the rapidly growing gold sector, Metalor Technologies yesterday unveiled its first 1kg gold bar cast here. The Swiss-based precious metals refiner also said that construction of its greenfield refinery in Jurong is underway, and
      679 words
    • Article
      Lock icon M’sia introduces visa for investors, fund managers
      467 2  -  By PAULINE NG in Kuala Lumpur SEEKING to capitalise on a significant increase in foreign participation in Malaysia’s capital markets this year, Prime Minister Najib Razak yesterday announced new measures to encourage further investments, including a new visa for business investors and fund
      467 words
    • Article
      Lock icon Breakthrough in Bali talks crucial for WTO’s Doha Round
      464 2  -  By LEE U-WEN THE World Trade Organization’s (WTO) next big meeting later this year must produce a breakthrough in the long-stalled Doha Round of talks or it could well end all hope of ever reaching a global trade deal in future.
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    • Article
      Lock icon THREE-MINUTE DIGEST
      565 2 Tokyo makes frantic effort to calm nerves JAPANESE officials sought to quell growing investor alarm and market volatility yesterday as Tokyo’s Nikkei stock average slumped by 6.4 per cent to its lowest close since the beginning of April and as the yen surged by 2 per cent against
      565 words
    • Article, Illustration
      Lock icon Ex-SCDF chief sentenced to six months’ jail
      805 4  -  Court needs to send a clear message, says judge; defence files appeal notice By GRACE LEONG [SINGAPORE] Former Singapore Civil Defence Force (SCDF) chief Peter Lim, whose trysts with three employees of vendors of the agency got him convicted for corruption, was sentenced
      PHOTO: WONG KWAI CHOW/THE STRAITS TIMES  -  805 words
    • Article
      Lock icon S’pore oil trade down 18.7% last year: BP
      582 4  -  By RONNIE LIM [SINGAPORE] The Republic’s oil hub traded one fifth less physical oil last year, reports the latest edition of the BP Statistical Review of World Energy 2013, confirming complaints by traders here that last year was one of their toughest
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      142 3 e o (J O o CT) CD e o OMEGA A Jtm 7 f WlMB»Sg Vfo'JSr'^'A t J •A > MPT“ Cft PRESENTS »>, STARRING NICOLE KIDMAN a v i t. iJSKfc fe 0 f* y 8 *5v N8 35 0) AXIAL A' CHRONOMETER 3 o VT-/ 4irs TIME TO
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      383 4 KL Tower Petronas Twin Towers 4 m '—m =:trillion Citibank Tower KUALA LUMPUR Freehold Prestigious Serviced Residences from S$ 390 psf =:trillion Maxis Tower Public Bank AmBank Intermark Vista Tower rvr.T: 1 l?S K minr -re;:-, t#asi 1 =?3II I 11 \wp=sm u W0T t? m in HU U V
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  • COMPANY NEWS
    • Article
      Lock icon See Hup Seng to hold EGM to vote on bid to oust MD
      433 5  -  Two substantial shareholders want founder Thomas Lim back on the board By LEE MEIXIAN SEE Hup Seng is holding an extraordinary general meeting (EGM) on July 22 to consider two substantial shareholders’ proposals for, among several things,
      433 words
    • Article, Illustration
      Lock icon Tiong Seng to build $15.6m plant in Senai
      653 5  -  Iskandar plant will allow it to ramp up pre-cast output By FELDA CHAY CONSTRUCTION and property firm Tiong Seng Holdings has joined the growing list of Singapore companies expanding into Iskandar Malaysia. The group said yesterday that it will ramp up its
      ST FILE PHOTO  -  653 words
    • Article
      Lock icon ST Index component stocks unchanged after review
      282 5  -  By JOYCE HOOI A QUARTERLY review of the FTSE ST Index Series has left the 30 constituent stocks of the Straits Times Index (STI) unchanged, but three new entrants have joined the FTSE ST Index Series. Mapletree Greater China Commercial Trust has joined
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    • Article, Illustration
      Lock icon Commitment of US$1.5b for Blackstone fund
      517 7 First close of Asian property fund on June 7; firm to invest immediately Bloomberg [SEATTLE] Blackstone Group LP, the world’s biggest manager of alternative assets, has US$1.5 billion of capital commitments for its first Asian property fund, targeted at US$4 billion, according to a
      Bloomberg; PHOTO: BLOOMBERG  -  517 words
    • Article
      Lock icon Transview sinks into the red at half time
      291 7  -  $931,000 loss came on turnover of $14.92 million By CARINE LEE TRANSVIEW Holdings sunk into the red for the fiscal half year ended April 30, 2013 with a net loss of $931,000, on turnover of $14.92 million. A year ago, the golf
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    • Article
      Lock icon Volatility brings buy opportunity for S-Reits
      650 7  -  Prices seen as reasonable following market correction By MINDY TAN EVEN as Hong Kong emerges as a strong contender in the real estate investment trust (Reit) arena, Singapore retains its competitive edge as a Reits destination. This is partly due to Singapore Reits being
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    • Article, Illustration
      Lock icon Rogers bearish on stocks, says QE giving false hope
      540 8 Investor buying euros, Swiss francs and selling Aussie and US dollars Bloomberg [KUALA LUMPUR] Investor Jim Rogers said he’s not optimistic on global stocks given central bank stimulus measures are providing an “artificial” boost to prices. “Quantitative easing is going to
      Bloomberg; FILE PHOTO  -  540 words
    • Article
      Lock icon Asian bonds insurance costs at 8-month high
      474 8 Risk tolerance waning as growth outlook dims Bloomberg [HONG KONG] The cost of insuring Asian corporate and sovereign bonds against non-payment jumped to the highest in more than eight months after the World Bank cut forecasts for global economic growth. The Markit iTraxx
      Bloomberg  -  474 words
    • Article
      Lock icon UEL sets up note programme
      209 8  -  By ANGELA TAN UNITED Envirotech Ltd (UEL) has set up a US$300 million medium-term note programme. Standard Chartered Bank has been appointed as arranger and dealer. UEL said that net proceeds from the issue of notes under the programme would be used for “refinancing of
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      58 5 The World’s Strongest Bank. We believed it, we made it happen. $$QNB Bloomberg Markets a WORLD’S BANKS 2013 Start believing. If you're looking for a successful and trustworthy financial relationship, you'll find it with the strongest bank in the world. After all, your trust in us is the secret to
      58 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon ST Index continues to tumble
      604 6  -  The index sheds almost 50 points at intra-day low but manages to close with a smaller 22.8-point loss STOCKS R SIVANITHY Senior Correspondent THE rout in equities that started some three weeks ago continued in full force yesterday, with Japan’s Nikkei index crashing 6.4 per
      Source: Bloomberg  -  604 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      70 6 Jun 13 VALUE CLOSE BT OB/OS -1343.00-187.00 BT CADI -*****.00-348.00 BT 10-day MA -*****.00-135.00 FTSE ST Mid Cap 752.13 -12.02 FTSE ST Small Cap 561.19 -15.69 FTSE ST All Share 769.10 -7.81 FTSE ST China Top 196.27 -2.64 FTSE ST China 226.34 -0.30 FTSE ST Catalist 1048.47
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    • Article
      Lock icon MOST ACTIVE STOCKS
      54 6 VOLUME IPCO Intl 140,128,000 Innopac 107,698,000 YHM 88,248,000 New Wave 78,983,000 Transcu Grp 78,948,000 MDR 71,662,000 Mirach Energy 63,860,000 *TanChongInt 60,459,000 Thai Beverage 57,298,000 Yoma 53,044,000 VALUE($) SingTel 123,985,840 DBS Grp 102,653,059 CapitaLand 80,787,117 UOB 64,060,101 Keppel Corp 61,648,858 GLP 54,194,370 OCBC Bk 51,890,914 Yoma 49,202,825 JMH
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 11 2 0 0 0 2 11 2 Manufacturing 22 105 22 3 16 6 25 121 28 Commerce 11 48 12 2 10 3 13 58 15 Tpt/Stor/Comms 3 32 4
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      886 6  -  Compiled by JOYCE HOOI Midas Holdings June 13 close: $0.465 OCBC Investment Research, June 13 MIDAS Holdings’ joint-venture company, Nanjing SR Puzhen Rail Transport (NPRT), is on a roll. NPRT, 32.5 per cent-owned by Midas, which manufactures metro trains in China, recently secured three contracts amounting to about
      Source: Bloomberg  -  886 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 55,936 55,936 119,502 119,502 Manufacturing 381,054 133,412 514,466 198,023 10,148 208,171 Commerce 192,540 85,160 277,700 160,617 5,851 166,468 Tpt/Stor/Comms 168,093 20,198 188,291 272,928 8,068 280,996 Finance 137,138 1,566 138,704 268,461 655 269,117 Construction 260,445 88,913
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      116 6 Stock name Close Change CapMallsAsia 1.840 -0.025 CapitaLand 3.140 -0.040 CapitaMall 2.030 CityDev 9.780 -0.090 ComfortDelGro 1.710 -0.065 DBS Grp 16.030 +0.100 GLP 2.640 -0.050 Genting SP 1.390 -0.005 Golden Agri 0.545 -0.020 HK Land 6.690 +0.190 HPH Trust US$ 0.770 -0.005 JMH 60.630 -1.070 JSH
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    • Article, Illustration
      Lock icon Rupiah off lows on surprise rate hike
      468 6 CURRENCIES Reuters [SINGAPORE] The ailing Indonesian rupiah recovered some lost ground yesterday after the central bank surprisingly hiked the benchmark rate, while most emerging Asian currencies slipped on continuing worry about a possible cut in monetary stimulus. The Thai baht, however, rebounded as
      Reuters; PHOTO: REUTERS  -  468 words
    • Article
      Lock icon RISES
      104 6 BY CENTS CLOSE UP GLD 10US$ ***** 109.1 0.7 Jardine C&C 4230 83.0 2.0 DBXT S&P Short 10US$ 3058 62.7 1.7 DairyFarm 1239 25.1 1.6 HK Land 669 23.8 2.9 UOL 633 15.0 2.4 DBS Grp 1603 10.0 0.6 ForterraTr 189.5 7.5 4.1 Lyxor Japan 10US$ 115.3 4.1 2.9
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    • Article
      Lock icon FALLS
      124 6 BY CENTS CLOSE DOWN IS S&P500 ***** -447.8 -2.2 DBXT Nifty 10US$ 9940 -181.9 -1.4 DBXT MSUSA 10US$ 3941 -139.2 -2.7 JSH 3769 -136.7 -2.8 JMH 6063 -134.2 -1.7 DBXT FTVietnam 10US$ 2480 -91.6 -2.9 DBXT E50 10US$ 4232 -75.3 -1.4 DBXT STGLDv100 10US$ 2920 -75.3 -2.0 Lyxor Malaysia
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      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
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      106 7 Team dynamics is central to the development of new ideas, procedures, products and creativity. The key ingredient to facilitate employee collaboration is investing in a good working environment. office Empowering Change 450 PERUSER I I 'CLUSTER OF 4 s. w3000 X d1400 X ht740 X. 9 MS series (pictures are
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      141 7 The Leading Global Finance Master Degree Program for working professionals v' LT, i 1 A sf 50 "V M m. Mi Master of Science in m Global Finance Aground-breaking one-year, modular, executive-format master degree program jointly developed by the HKUST Business School and NYU Stern School of Business, the MSGF
      141 words
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  • Page 8 Advertisements
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      207 8 BEERFEST ASIA 2013 with OCBC TITANIUM 13-16 June Marina Promenade www.beerfestasia.com r > V n f J I A r i r III I m For the uninitiated, go light with Taiwan Beers. One-for-One deal on 16 June. Kaimay Trading Pte Ltd, Booth No. R5 No longer just malt, meet
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      11 8 CATS Recruit The first step on your ladder to success CLA/AUG06/g
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      321 9 Acquire a taste for the finer things in life. W r r sSl ;c.-. THE .yIf PARAGON a a i v m I i ZS1 JUNE 2013 30 31 HM i I Ki M L, <4 *1 The sale that doesn’t discount on its experience Citibank Cards Exclusive Receive $40
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Sengkang site with long river frontage draws nine bids
      678 10  -  Top bid of $533 psf ppr is 9% more than April sale value of adjacent site By KALPANA RASHIWALA THE tender for a plum 99-year private housing site along Fernvale Close in Sengkang West has drawn nine bids, with the top
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    • SINGAPORE ROUNDUP
      • Article
        Lock icon NEC sets up public safety business HQ
        97 10 NEC Corp yesterday announced that it has established a Global Safety Division here as the group’s global strategic headquarters for its public safety business, which includes solutions for immigration control, national identification, law enforcement, urban surveillance, cyber security and emergency and disaster management.
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      • Article
        Lock icon MOU to promote S’pore-Dutch tie-ups
        68 10 SPRING Singapore and Maastricht University Medical Centre Holding signed a memorandum of understanding yesterday to jointly promote and facilitate cross-border business collaborations between Dutch and Singaporean SMEs and research institutions. The pact covers organisations in health care, life sciences and medical technology. The signing ceremony
        68 words
    • Article, Illustration
      Lock icon Machine to seal underwater oil wells is here
      460 10  -  SWIS is stored at Loyang and will be deployed to fight oil spills in the region By LYNN KAN SITTING in a warehouse in Loyang Offshore Supply Base is a piece of technology that could have dramatically shortened the crisis from BP’s
      460 words
    • Article
      Lock icon Jem mall to open at 10am tomorrow
      216 10 Fire safety issue sorted out SCDF approves all 229 applications AFTER hiccups with its fire permit approvals, Singapore’s third largest suburban mall will finally open its doors tomorrow. The highly-anticipated Jem mall in Jurong East, which was scheduled to open on Tuesday, was
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    • Article, Illustration
      Lock icon Revised process for childcare centre tenders
      408 10  -  Tenderer’s track record, community integration among deciding factors By BENJAMIN AW A NEW tender evaluation process for commercial childcare centres located in Housing and Development Board (HDB) premises was announced yesterday by Acting Minister for Social and Family Development Chan Chun Sing. Under the
      408 words
    • Article
      Lock icon Few employees in the region value job benefits: survey
      449 10  -  More employers planning flexible benefits scheme By LIVIA YAP FOUR in 10 employers in the Asia-Pacific spend 20 per cent or more of their payroll on employee benefits, but about half of them believe their employees undervalue these benefits. In fact,
      449 words
  • Page 10 Advertisements
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      194 10 LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid:Name of Company Certificate No. In the Name of No. of Shares Keppel Corporation Limited *****06 Estate of Chan Cher Chong 750 Deceased ComfortDelGro Corporation *****29 Lee Kah Siong 12,698 Limited SBS Transit Ltd *****20 -do-1,200 NOTICE
      194 words
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      22 10 CHARTING DIRECTIONS Place your AGM and EGM notices in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. 3 MATS NOTICES CLA/30MAR05/GAN
      22 words
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  • PREMIUM PROFESSIONALS
    • Article, Illustration
      Lock icon Running an insurance firm today
      1199 11  -  Zurich’s Singapore chief believes in engaging the right people to fit the firm’s core values. ByTEH TEH SHI NING INSURANCE players compete so fiercely for talent across Asia that it is often characterised as a “war for talent”. But Jonathan Rake, chief executive officer of
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    • Article, Illustration
      Lock icon Complexities of managing insurance claims
      568 11  -  Claims have to be assessed by the team collectively By NG SAI YING HER curious and open mind brought Linda Soh into a fulfilling career in an industry which she and many of her peers once considered a mystery. Despite knowing precious little about the
      568 words
    • Article, Illustration
      Lock icon Loss adjuster – middleman in the hot seat
      671 11  - Loss adjuster middleman in the hot seat By YOGALINGAM MARIA MALA YOGALINGAM BACK in 1972, when Chan Hwee Seng was 25 and had just resigned from the civil service, he took up a job as a loss adjuster. A small advertisement in the local newspaper for the opening had caught
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Ananda Krishnan emerges as holder of Sarawak oilfields
      628 12  -  Deals signed by Pexco Sarawak give access to upstream oil and gas sector By S JAYASANKARAN in Kuala Lumpur MALAYSIAN businessman T Ananda Krishnan has emerged as a potentially major player in Malaysia’s booming oil and gas sector following a disclosure by
      PHOTO: THE STAR  -  628 words
    • Article
      Lock icon Indonesia raises key rate for first time since 2011
      595 12 Central bank steps up efforts to boost confidence in rupiah Bloomberg [SINGAPORE] Indonesia’s central bank unexpectedly raised its key interest rate for the first time since 2011 as governor Agus Martowardojo accelerates efforts to boost confidence in the currency and cool
      Bloomberg  -  595 words
    • Article
      Lock icon Khazanah may list theme park business this year
      261 12 IPO seen raising US$300m to US$400m: sources Bloomberg [KUALA LUMPUR] Khazanah Nasional Bhd, Malaysia’s state investment company, plans to raise as much as US$400 million in an initial public offering of its theme park business, said two people with knowledge of the
      Bloomberg  -  261 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon India promises more reforms but rupee drops further
      469 13 Moves include lifting of caps on FDI; minister urges long-term view Reuters [NEW DELHI] India’s finance minister yesterday pledged new reform measures by end-June including lifting caps on foreign direct investment (FDI) and changes in locally produced gas prices to win back
      Reuters  -  469 words
    • Article, Illustration
      Lock icon Indian govt keen to get food bill passed
      336 13 AFP [NEW DELHI] India’s government is considering calling a special session of parliament to pass a populist but hugely expensive bill to provide subsidised food to millions of people, Finance Minister P Chidambaram said yesterday. The landmark Food Security Bill, approved by
      AFP; PHOTO: AFP  -  336 words
    • Article
      Lock icon China’s local govt audit ‘credit-negative’: Moody’s
      666 13 Bloomberg [BEIJING] China’s government risks being forced to bail out some local authorities and take over their liabilities after a report from the nation’s audit office showed a jump in borrowings, Moody’s Investors Service said yesterday. The National Audit Office review indicates that total
      Bloomberg  -  666 words
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      100 13 The ultimate in backup appliances. Backup, deduplication, storage. All in one box. Symantec Backup Exec™ and Symantec NetBackup™ appliances are the only fully integrated backup, deduplication, and storage appliances with industry-leading, factory-installed Symantec software. So they makebackuplesscostlyandlesscomplexforallenterprises, small to large. And they’re practically ready to go right out of the
      100 words
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  • ECONOMY WATCH
    • Article
      Lock icon US state spending at highest since 2009
      588 14 Rising tax collection providing funds for programmes shelved during recession Bloomberg [WASHINGTON] US states are set to increase spending this year to the highest levels since the recession as rising tax collections provide funding for programmes cut when the economy faltered. Revenue is
      Bloomberg  -  588 words
    • Article, Illustration
      Lock icon Economists see Spain emerging from recession
      554 14 Bloomberg [MADRID] The Spanish economy will shake off its recession and growth will accelerate through 2015 as European Union officials ease demands for budget cuts, economists said. Economic output in Spain will increase for the first time since 2011 in the first quarter of
      Bloomberg; PHOTO: REUTERS  -  554 words
    • Article
      Lock icon Aussie jobless rate fall may delay rate cut
      425 14 AFP [SYDNEY] Australia’s unemployment rate eased to 5.5 per cent in May, an unexpected fall that could see the central bank hold off on cutting interest rates next month. Economists had tipped a jobless figure of 5.6 per cent, the same as
      AFP  -  425 words
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      528 14 s* WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF TITAN RESOURCES MANAGEMENT (S) PTE. LTD. (PROVISIONAL LIQUIDATOR APPOINTED) (COMPANY REGISTRATION NO. *****7543E) Notice is hereby given that Mr Wong Joo Wan of Alternative Advisors Associates, 78
      528 words
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      824 14 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF TIGERS COAL SINGAPORE NO. 1 PTE. LIMITED (In Members' Voluntary Liquidation) (Co. Reg. No. *****7249N) NOTICE OF RESOLUTION MEMBER’S RESOLUTIONS IN WRITING PURSUANT TO ARTICLE 74 (1) OF THE ARTICLES OF ASSOCIATION OF TIGERS COAL SINGAPORE
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      188 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TUCANO INVESTMENTS PTE. LTD. (In Members’ Voluntary Liquidation) (Company Registration No. *****4771K) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of the
      188 words
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      679 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FIRST ALEXANDRA PTE. LTD. (the “company”) (In Members’ Voluntary Liquidation) (Company Registration Number: *****3718W) (Pursuant to Section 290(2) (b)) At an Extraordinary General Meeting of the company held on 6th June 2013 at 170 Upper Bukit
      679 words
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  • WORLD
    • Article
      Lock icon US retail sales resilient, edge up further in May
      491 15 Sales up in most sectors, led by auto sales and building materials LATEST US DATA Reuters [WASHINGTON] US retail sales rose more than expected in May, suggesting the economy was squeezing out of a recent soft patch. The signs of resilience
      Reuters  -  491 words
    • Article
      Lock icon G8 leaders likely to discuss role of central banks
      222 15 Reuters [BERLIN] Leaders of the Group of Eight (G8) industrialised nations are likely to discuss the role of central banks and monetary policy at a summit in Northern Ireland next week, a German source said yesterday. “It is understandable that there
      Reuters  -  222 words
    • Article
      Lock icon Probe Google for tax avoidance, urges panel of British MPs
      600 15 But company says it followed laws; seeks transparent system AFP [LONDON] A powerful committee of British lawmakers yesterday called for a tax probe into Google, after concluding that the US Internet giant sought to avoid paying corporation tax on profit
      AFP  -  600 words
    • Article
      Lock icon Silver in retreat as precious metal, US$5.2b in holdings wiped out
      540 15 Bloomberg [LONDON] Silver is punishing investors amid diminishing trust in precious metals as a store of wealth and concern that growth is weakening, with US$5.2 billion erased from the value of their near-record holdings this year. Investors expected silver
      Bloomberg  -  540 words
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      Lock icon EU protests China’s duties on steel imports
      414 15 Reuters AFP [GENEVA] The European Union said yesterday it had lodged a complaint at the World Trade Organisation against China’s imposition of anti-dumping duties on imports of stainless steel tubes, six months after Japan filed a similar case. The complaint centres on high-quality
      Reuters; AFP; PHOTO: REUTERS  -  414 words
    • Article, Illustration
      Lock icon Apple looking at iPhones with bigger screen, lower prices
      652 16 Makeover plans seen as bid to win back lost market share from Samsung Reuters [SAN FRANCISCO] Apple is exploring the launching of iPhones with bigger screens, as well as cheaper models in a range of colours, over the next year, said
      Reuters; PHOTO: BLOOMBERG  -  652 words
    • Article
      Lock icon RBS to cut 2,000 jobs in investment banking
      487 16 Move follows CEO’s announcement of departure by Dec Bloomb erg [LONDON] Royal Bank of Scotland (RBS), Britain’s biggest government-owned lender, will cut about 2,000 jobs as part of an overhaul of its investment banking unit, says a person briefed on the decision.
      Bloomberg  -  487 words
    • Article
      Lock icon Asian fertility trap opens doors in IVF
      584 16 Potential for growth seen in developing economies Reuters [SYDNEY] A looming crisis in Asia as women delay giving birth, leading to low fertility rates that have dire implications for economic growth, is opening huge opportunities for the fast-growing in-vitro fertilisation (IVF) industry. The
      Reuters  -  584 words
    • Article, Illustration
      Lock icon Greece paralysed as unions strike to protest ERT shutdown
      458 18 AFP [ATHENS] Public services ground to a halt in Greece yesterday as unions launched a nationwide general strike in protest over the government’s decision to shut down public broadcaster ERT as part of sweeping cost-cutting measures. Trains stood still, hospitals were
      AFP; PHOTO: AP  -  458 words
    • Article
      Lock icon Battered EU pushes for quick trade deal with US
      619 18 But observers say a deal faces long odds with disagreements surfacing in bloc NYT [PARIS] The leaders of the European Union, mired in recession and battered by increasing anti-European sentiment among their voters, are desperate for political success to promote economic
      NYT  -  619 words
  • Page 15 Advertisements
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      52 15 PM Wine, Dine Hospnumy w Wine Dinner Thursday, 27 June BEST OF STEPHANIE'S TRAVELS Presented by Sommelier Stephanie Rigourd Savor Stephanie's best finds from her favorite wineries in Australia, Italy and The United States $150 per person il rloln Reservations: 6730 3395/ilcielo@hilton.com Level 24 Hilton Singapore 581 Orchard Road Singapore
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      776 16 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices 5 M ERENNIAL CHINA RETAIL TRUST (a business trust constituted on 22 February 2011 under the laws of the Republic of Singapore) Managed by Perennial China Retail Trust Management Pte. Ltd. PERENNIAL CHINA RETAIL TRUST MANAGEMENT PTE. LTD. (in its capacity as
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      148 16 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF TRANSAGRO SHIPPING PTE. LTD. REG NO. *****7628Z (In Members Voluntary Winding up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50 the Final Meeting of the
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      55 16 (t V Ready for your first car? New or used car, you can find it here on STCars.sg. Log on to find your ideal first car today! o STCars.SG i STCarsSG ►Googleplay > AppStore A product of SPH, Singapore’s Trusted Media Group STCars.sg Buy, Sell or Rent, your ideal car
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  • Page 17 Advertisements
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      244 17 Subscribe to SPH Directly Stay Connected Enjoy your news on PRINT, ONLINE, SMARTPHONES, or TABLETS when you subscribe direct. Same Service The same newspaper vendor will continue to serve you. No Surprises No untimely visits for payment collection. SPH Rewards Direct subscribers enjoy exciting rewards at sphrewards.com.sg THE BUSINESS TIMES
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      97 18 AFFORDABILITY CALCULATOR Helps you determine how much loan you can get based on your budget for monthly payments. www.stproperty.sg/property-tool Key in your budget for monthly property payments Choose your loan tenure and interest rate Financing Tools AFFORDABILITY CALCULATOR Monthly Budget Loan Tenure Monthly Budget 3.5 O Maximum Loan: $445,390 O
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      240 19 SPH is more just a newspaper than company We go beyond the power of print to meet evolving needs. Through digital platforms, radio, outdoor media, exhibitions, shopping malls and community activities, we engage minds and enrich lives. DIGITALThe AsiaOne network, STJobs, STProperty, STClassifieds, STCars, STOMP ST Razor TV, omy.sg, shareinvestor.com,
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  • EDITORIAL & OPINION
    • Article
      Lock icon Emerging markets hit the skids
      491 20 EDITORIAL EMERGING markets have been a star performer for more than a decade. Well before the 2008 financial crisis, money managers had argued that the tables had turned that the emerging world did not deserve the “high risk” tag that had relegated it to a
      491 words
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      Lock icon Nation’s pride that makes – and keeps – its money abroad
      801 20  - Nation’s pride that makes and keeps its money abroad THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group WE instinctively assign national identities to large global corporations. Toyota is Japanese; IBM is American; Siemens is German; Samsung is Korean. We assume these big firms reflect their national origins and
      801 words
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      Lock icon Confidence ebbs as Abe plan stirs echo of past
      1024 20  -  Expectations evaporate as plans do not seem different from previous ineffective attempts By HIROKO TABUCHI NYT DIGITAL medical records. Special economic zones. Structural reforms. The core ideas behind Prime Minister Shinzo Abe’s much-publicised growth strategy are stirring a nagging sense of
      NYT; PHOTO: BLOOMBERG  -  1,024 words
    • Article, Illustration
      Lock icon Women leaders: ‘Brave’ is the word
      1339 21  -  Traditional notions of femininity and expectations of how leaders should talk and behave are the twin challenges By TANVI GAUTAM The writer is the Programme Director of Singapore Management University (SMU) Executive Development’s “Women and Leadership” programme and teaches organisational behaviour at the SMU
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      Lock icon Aiming for a win-win with the TPP
      660 21  -  By ALFONSO ESPARZA The writer is senior currency strategist at OANDA, a firm which provides forex trading and currency information services GLOBAL economic fundamentals are driving a renewed focus on the Trans-Pacific Partnership (TPP) agreement. While markets grapple with the eurozone debt crisis,
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  • PROPERTY
    • Article, Illustration
      Lock icon HK property curbs to stay, pledges Leung
      654 22 Allegations of govtdeveloper industry collusion ‘have gone away’, he claims Bloomberg [HONG KONG] Hong Kong, the world’s most expensive home market, will not ease its real estate curbs until there is a steady supply of new properties as the government seeks to address
      Bloomberg; PHOTO: BLOOMBERG  -  654 words
    • Article
      Lock icon Actis to invest US$1.5b in Africa to tap middle class
      474 22 Bloomberg [JOHANNESBURG] Actis LLP, a private-equity company, will lead investment of as much as US$1.5 billion in African commercial property to meet rising demand from international companies targeting a growing middle class. “We are seeing a shift in interest from
      Bloomberg  -  474 words
    • Article, Illustration
      Lock icon US foreclosures jump 11% in May as home prices rise
      988 24 Good demand, limited inventory prompt banks to repossess homes Bloomberg [SAN FRANCISCO] Home repossessions in the US jumped 11 per cent in May after declining for the previous five months as rising prices and limited inventory for sale across the
      Bloomberg; PHOTO: BLOOMBERG  -  988 words
  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      538 22 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D04 HOUSE FOR SALE PEARL ISLAND **Pearl Island Sentosa. Land 6598 sf. 5+1 rm. Pte pool, lift, waterway view. Ready! $15.8M up. Sole Agt Rudy 9686 9943/ 9235 9291 D10 HOUSE FOR SALE FIRST AVENUE Rare! 3.5-storey Semi-detached. Freehold. 2200/ 3100 sqft.
      538 words
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      Lock icon Page 22 Advertisements Column 2
      122 22 D09/10 APARTMENT FOR SALE ST THOMAS WALK #1X. 4 rms 2013 sqft (x2). Takashimaya River Valley. Tenanted $10.5K $11K till 2014. Grab! D09 APARTMENT FOR SALE LEONIE STUDIO Leonie Studio 936 sf. High flr, Orchard/ River Valley view. Bright Windy. Mins walk to Orchard MRT. Good for investment!! D09 APARTMENT
      122 words
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      297 23 D09 APARTMENT FOR SALE THE COSMOPOLITAN 3bedrms 1324sqft owner occupied, opp Great World City, future MRT, mins to Orchard. D10 APARTMENT FOR SALE HOLT RESIDENCES Asking $3.xxM. Freehold, 4+1, High floor. Cosy, move-in condition. Bright. Unblocked. Walk to Amenities. Jasmine Chua 9822 8133 D10 APARTMENT FOR SALE PENTHOUSE Cheapest Freehold.
      297 words
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      190 23 D14 APARTMENT FOR SALE TOH CHENG HOEY (ALEX TOH) 9452 5120 Service You Trust SANCTUARY GEYLANG Sanctuary Geylang. Freehold. TOP Qtr 1 2014. Affordable 1+study unit from $6xxK. Near MRT/ Kong Hwa Pri. D15 APARTMENT FOR SALE FIRST POINT SUITES Telok Kurau. 3 bdrms Penthse jacuzzi. F’hold. Kembangan MRT. Ginny
      190 words
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      195 23 D10 HOUSE FOR RENT PEIRCE ROAD Good Class Bungalow Peirce Road. Freehold. 2½ storey, ***** 7000 sqft. 5 ensuite 2 living rooms and pool. View to offer. Also for Sale. D10 HOUSE FOR RENT THIRD AVENUE D10 Good Class Bungalow. Third Avenue, Hilltop 20K sqft. 6+1. Big patio. New aircons
      195 words
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      Lock icon Page 23 Advertisements Column 4
      166 23 D25 HOUSE FOR RENT BEECHWOOD GROVE Corner terrace. 3-sty. Approx 3500 sf. Reno. Bright cosy. Near American Sch, amenities. Michelle 9735 3311 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 D09 APARTMENT FOR RENT
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      182 23 D15 APARTMENT FOR RENT AALTO 3+1, 1550 sqft. #24. Sea/ MBS/ city view. Designer unit. Fully furnished. Practial layout. Mital 9857-6737 D19 APARTMENT FOR RENT FONTAINE PARRY 3 rm pte lift. Pool view. P/furn. Resort living. Avail 1st July. Ginny Tien 9029 1739 Savills D03 SHOP FOR SALE JALAN BATU
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  • Page 24 Advertisements
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      165 24 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D13 SHOP SPACE FOR SALE M 2 NEW! F’hold Retail Shops Restns (F&B outlets) Macpherson. Biz Hotel integrated with shpg mall. Foreigners eligible. VVIP Preview. Developer Sale. D14 FACTORY FOR SALE GEMINI SIMS ’No ABSD’. Attractive Price! Rare, Freehold, B1 Light Industry.
      165 words
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      649 24 o: i lUfi Will \L u I hi Ui ana m in hi iiT ■™i 1 hiin in i iii in i ik i iii iii I 11 III III I LI IIJI UiW, I' i mm m fW/* Wfm REALTY Agy Lie. No: L*****93I ■V V? Jay Lee 9222
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  • AVIATION/SHIPPING
    • Article
      Lock icon Commerzbank takes helm in bid to salvage bad ship loans
      860 25 Bank to manage 2 of debtors’ ships, plans to delay sale until values recover Bloomb erg [HAMBURG] Commerzbank AG, the German lender whose soured shipping loans prompted a ratings downgrade by Standard Poor’s last month, is taking the helm as
      Bloomberg  -  860 words
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      Lock icon A350 wide-body jet seen piling pressure on Boeing
      1117 25 Bloomberg [TOULOUSE] Boeing Co is under mounting pressure from airlines eager for an improved version of its biggest twin-engine jet as Airbus SAS makes inroads in the wide-body market with a model available years earlier. Airbus plans to fly its A350 for
      Bloomberg; PHOTO: BLOOMBERG  -  1,117 words
    • Article
      Lock icon TRANSPORT STOCKS
      234 25 SGX '000 Jun 13 S$ +/-Vol CH Offshore 0.42 -0.01 123 Chuan Hup Hldg 0.26 unch 399 Cosco Corp 0.74 -0.02 3134 s$ First Ship Lea Freight Links 0.09 unch ***** Grand Banks 0.32 -0.02 24 Jaya Hold Ltd 0.59 0.01 719 K1Ventures 0.17 unch 3149 Keppel Corp
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    • Article
      Lock icon dnata to supply meals to Qatar, SWISS
      273 25  -  It has also renewed Lufthansa contract for five more years By NISHA RAMCHANDANI [SINGAPORE] Airline services provider dnata plans to hire at least 10 more staff to facilitate new catering contracts signed with Qatar Airways and SWISS for flights departing from Changi Airport.
      273 words
    • Article
      Lock icon Air NZ paying NZ$7.5m fine for price-fixing
      204 25 AFP [WELLINGTON] Air New Zealand yesterday agreed to pay NZ$7.5 million (S$7.5 million) to settle a long-running price-fixing case against the airline, the country’s competition watchdog said. The New Zealand Commerce Commission said that the High Court approved a deal under which the
      AFP  -  204 words
  • Page 25 Advertisements
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      108 25 ASIAN FEEDER DISCUSSION GROUP (AEDG) NOTICE TO TRADE SINGAPORE PORT KLANG TO CHITTAGONG AND VICE VERSA RATE RESTORATION The following feeder operations in the Singapore/Port Klang Chittagong trade sector wish to inform the trade that they will implement a Rate Restoration. With effect from 21 June 2013, all SOC shipments
      108 words
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      31 25 BOLLYWOOD’S PRINCE IN WAITING SCDF OFFICER’S INDIAN MUSIC JOURNEY With every new movie, Ranbir Kapoor gets closer to the top GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
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  • Article
    Lock icon SHIPPING TIMES
    2784 26 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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  • Page 26 Advertisements
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      181 27 Importers looking for Warehouse Can they find your services here in the Shipping Times? the business times TO ADVERTISE, CALL JOE WONG AT 9620 1327 fl FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327
      181 words
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      Lock icon Page 27 Advertisements Column 2
      0 27 ))~"'$=\^`*`*}??'{/<%{+*{!'^>>=
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3402 28 Transaction date: Jun 13 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 Vol Day Last Quote Div Gr Yld 10.4 7 AEM M Cap 188 106 AIMSAMPIReit 156.5 -3.5
      3,402 words
    • Article
      Lock icon SGX CATALIST
      215 29 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale (‘000) High Low Buyer Seller Cvr P/E Smil +0.1
      215 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      10723 29 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** Asian Local Ccy SD Bond Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Global Emerging Markets!** EM local Ccy Bond 0 9504/ European Opportunities 1
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    • Article
      Lock icon GLOBALQUOTE
      260 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 49.1 25 AVJennings A42 -2 2 42 42 42 44.5 3.6 8.3 3.4 155.5 52 30.5 Genting HK US$ US47 -1.5 8788 48 46.5 46.5 47 3094.7
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    • Article
      Lock icon SGX ETF
      898 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF Last 143 120.4 CIMB APAC Div 100S$D 137.5 130.8 131.7 114.4 96 CIMB APAC Div 100US$ US104.4 103.8 104.6 11
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      634 30 Jun 13 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.02 *****.11 *****.85 Jun13 *****.00 *****.00 *****.00 *****.00 *****0 *****9 Sep13 *****.00 *****.00 *****.00 *****.00 *****9 *****3 MSCI TAIWAN INDEX FUTURES SPOT 287.17 287.89 283.69 Jun13 287.30 287.70 282.60 282.60 5147 *****2 Jul13 280.50
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 30 In local curr In S$ In US$ dy yr dy yr dy yr Jun 12 Index Change Change Change Change Change Change World Preliminary 1041.4 -0.4 11.0 -0.5 12.0 0.0 9.3 EAFE Preliminary 845.5 -0.5 9.2 -0.2 8.2 0.2 5.6 Europe Preliminary 1210.8 -0.5 5.5
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    • Article
      Lock icon INTERBANK CROSS RATES
      471 30 Jun 13 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.968 5.830 0.712 7.373 55.360 93.802 0.895 10.775 2.981 1.195 93.526 40.930 1.191 9.521 0.872 28.366 29.382 0.606 0.950 Canada 1.034 6.026
      471 words
    • Article
      Lock icon CHICAGO BOT
      109 30 Jun 12 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 13 1540.75 1540.50 1558.75 1530.50 Aug 13 1445.25 1450.75 1463.00 1438.00 Sep 13 1358.75 1365.75 1374.75 1345.00 Nov 13 1314.25 1327.00 1330.50 1299.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 13
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    • Article
      Lock icon LIFFE
      95 30 Jun 12 COCOA (£/tonne) Close Prev High Low Jul 13 1548 1551 1551 1539 Sep 13 1553 1554 1556 1543 Dec 13 1549 1550 1553 1540 Mar 14 1546 1545 1548 1533 COFFEE(US$/tonne) Close Prev High Low Jul 13 1747 1798 1799 1738 Sep 13 1780 1822 1823 1773
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    • Article
      Lock icon SIBOR
      66 30 Jun 13 (US$) (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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    • Article
      Lock icon PRECIOUS METALS
      137 30 Jun 13 Jun 13 GOLD BULLION COINS (S$) Selling Buying 1 oz 1828 1758 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm 642.00 562 SILVER Selling Buying Passbook Acct 1 oz 27.97 27.19 Source: UOB LONDON PLATINUM (US$/oz) Jun 12 Close Previous PM Fix 1481.50 1487.00 AM Fix
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    • Article
      Lock icon GOVERNMENT SECURITIES
      90 30 Jun 13 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 05-Sep-13 0.25 6-Month BS*****T 13-Dec-13 0.28 1-Year BY*****H 02-May-14 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 99.95 5-Year N*****0T 0.5 01-Apr-18 97.2
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    • Article
      Lock icon PALM OIL
      55 30 Jun 13 Jun 13 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 13 2389.0 1065 Jul 13 2455.0 2418.0 2455.0 2405.0 2049 9066 Aug 13 2443.0 2424.0 2460.0 2411.0 ***** ***** Sep 13 2444.0 2424.0 2456.0 2412.0
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1146 30 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 ..........0.4ce 1 146 432 68.75 11 Ratio Albedo Limited W*****9 Price Prem Disc Asiatravel.com HoldingsW*****7 1 1 25 13 Asiatravel.com HoldingsW*****5 2 1 27 37 BakerTech W*****5 Expiry
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      71 30 CRUDE OIL PRODUCTS Jun 12 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 104.05 1.59 WTI (Near Mth) 95.86 0.51 Dubai (1-Mth F) 99.99 -0.15 Tapis blend 106.54 -0.20 Minas 101.54 -0.20 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 93.78 -0.22 Jet Kerosene 115.89 -0.26 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 30 Jun 13 S$ Bid Offer 1-month 1.2543 1.2546 2-months 1.2543 1.2546 3-months 1.2542 1.2548 6-months 1.2539 1.2552 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 30 Jun-12 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1821.25 1846.25 3 months 1864.00 1887.00 Copper, Grade A(US$/tonne) Cash 7087.00 7030.50 3 months 7120.00 7065.00 Lead(US$/tonne) Cash 2107.50 2104.00 3 months 2118.00 2118.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 30 Jun 13 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1912 1.1916 0.9496 0.9497 Canadian dollar 1.2309 1.2319 0.9818 0.9813 Euro 1.6740 1.6746 1.3345 1.3347 NZ dollar 0.9967 0.9976 0.7946 0.7951 Sterling pound 1.9645 1.9654 1.5661 1.5664
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 30 As at 9am Jun 13 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.220 1.162 Can dollar 1.254 1.206 Euro 1.716 1.635 Sterling pound 2.008 1.931 NZ dollar 1.024 0.985 US dollar 1.281 1.220 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      159 30 Jun 13 Jun 13 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ 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
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  • executive lifestyle
    • Article, Illustration
      Lock icon The daddy connection
      2327 31  -  With Father’s Day this weekend, NATALIE KOH finds out what drives some dads to blog about their fatherhood experiences NATALIE KOH YOU'VE heard of mummy bloggers that extensive community of urban mothers eager to share their experiences and get advice from each other on child-rearing. Enter the
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  • CINEMA
    • Article, Illustration
      Lock icon Man of Steel weighed down by furious action
      697 32  -  It’s a standard issue blockbuster superhero studio film a noisy CGI-fest that's exactly what the multiplex ordered for summer, reports DYLAN TAN reports DYLAN TAN CALL it nostalgia but there's a certain old school charm about Richard Donner's Superman movies. The costumes
      PHOTO: AP  -  697 words
    • Article, Illustration
      Lock icon Aimless Switch spins out of control
      519 32  -  By DYLAN TAN NEW director Jay Sun bites off more than he chew with his directorial debut Switch. The star-studded blockbuster is one of the costliest Chinese action movies ever made at over US$20 million and has been marketed as Asian cinema's answer to
      519 words
    • Article, Illustration
      Lock icon Biggest winner yet for Pee Mak makers
      616 32  -  By DYLAN TAN A BIG screen adaptation of a familiar Thai horror legend has been scaring audiences back home in the Land of Smiles and its makers are laughing their way to the bank. The film, Pee Mak, is based on the popular
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  • Page 32 Miscellaneous
    • Miscellaneous
      Lock icon Page 32 Miscellaneous Column 1
      326 32 CRYPTIC CROSSWORD Across 1 Meal father tucks into what’s left (6) 4 One who achieves goal installing central heating that’s very hot (8) 9 In favour of dull style (6) 10 Department for the Business Secretary? (8) 11 Jazz fan plays around taking E cs t as y p r
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  • BOOKS
    • Article, Illustration
      Lock icon Rewarding reads
      1872 33  -  Relax on Father’s Day with one of these insightful books recommended by the BT team By KENNETH JAMES By CHRISTOPHER LIM By HELMI YUSOF By KENNETH LIM PHILOSOPHY From Shakespeare to Existentialism By Walter Kaufmann Princeton 455 pages, $110.99 IS IT cruel to encourage children to believe that
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  • ARTS
    • Article, Illustration
      Lock icon A first for S’pore at Art Basel
      977 34  -  The Singapore Tyler Print Institute is among 304 international galleries presenting works at the annual fair, reports HELMI YUSOF from Basel reports HELMI YUSOFfrom AT THE magnificent 150-year-old Elizabethan Church in Basel, Switzerland, a small party of about 60 people have gathered in
      PHOTO: AFP  -  977 words
    • Article, Illustration
      Lock icon Inspired by fish spawning, building works
      797 34  -  By CHEAH UI-HOON THE incessant noise and pollution from construction sites all over Singapore has been bugging Thomas Yeo in the last few years. And as a painter, what do you do? Transfer your agitation to paper, of course. It doesn’t help that he
      797 words
    • Around Town
      • Article, Illustration
        Lock icon Art
        375 34 A Tale of Three Artists: A Myanmar Narrative: Get a view of art from Myanmar, especially with the growing worldwide interest in the country. Three Myanmar artists U Hlaing Bwa, Maung Win Cho and Myoe Wing Aung will showcase their works for three days here. Though they feature distinct
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      • Article
        Lock icon Music
        88 34 The Jeremy Monteiro International Trio Three Jazz DivaS:Singapore’s very own King of Swing, Jeremy Monteiro, is on a five-city Asian tour with his International Trio and Three amazing Jazz Divas. The show features Singapore's very own Melissa Tham, UK jazz singer Eileina D'ennis, and from the US, one of
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      • Article
        Lock icon Shopping
        89 34  -  Compiled by CHEAH UI-HOON Casio G-SHOCK pop-up Store: For the G-Shocks’ 30th anniversary, the watch brand will have its first ever pop-up store at Ion Orchard Atrium Level 1 from today to June 23. The pop-up store will be displaying the latest and most exclusive G-SHOCK and Baby-G timepieces,
        89 words
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  • WINE
    • Article, Illustration
      Lock icon A toast to elder statesmen
      1049 35  -  YONGtastes two older champagnes, a bubbly alternative and two great vintages of Chevalier Montrachet, Domaine Leflaive N K YONG THESE famous remarks have been quoted countless times in champagne promotions. Apart from its slightly wicked humour, there is more than a grain of reality in
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      579 35 More Influence, Less Authority: Transform Yourself Into A Charismatic Leader Who should attend: Business Owners, CEOs, Managing Directors, General Managers, Branch Managers, Departmental Heads and Team Leaders Supervisors. 2013 JUNE SERIES FULL-DAY WORKSHOPS Speaking Persuasively The Charismatic Communicator Although few individuals are born with the ability to engage, motivate and
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      353 36 THE STRAITS TIMES IN THE PARK 2013 PreSeuhti bj Panasonic COOL GOODIE BAG, Each runner gets a goodie bag worth more than $168, which includes: In conjunction with The Straits Times' 168 th Anniversary SIGN UP NOW ND ENJOY MORETHAN WORTH OF Make running second nature! Grab your shoes and
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