The Business Times, 20 June 2013

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Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Thursday, June 20, 2013
    25 words
  • Article, Illustration
    Lock icon Riady dangles payout for OUE shareholders
    1077 1  -  Some proceeds from listing Reit will go into special dividend, he tells BT By FELDA CHAY [SINGAPORE] A special dividend awaits shareholders of Overseas Union Enterprise (OUE). The property firm’s executive chairman Stephen Riady said in an interview with BT that it will make
    PHOTO: ARTHUR LEE  -  1,077 words
  • Article
    Lock icon Stop-work order if severe haze continues
    631 1  -  Govt sets up haze task force; schools may face closure By LEE U-WEN THE government may issue a stop work order if the haze situation continues at hazardous levels. The problem in Singapore officially reached crisis levels as the air pollution index entered “hazardous”
    631 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,213.79 (-15.76) HST INDEX FUTURES 3,214.00 (-16.00) HSIMSCI 360.78 (-1.95) HSIMSCI FUTURES 360.50 (-1.10) US$ S$ US$ (S$ per US$) 1.259 (US$/S$ per 1.566 1.971 EURO (US$/S$/€ 1.339 1.685 Foreign currency per US$ S$ YEN 95.00 75.50 RM 3.159 2.527 HK$ 7.757 6.163 BAHT 30.75 24.60 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Wednesday Change KL COMP 1,772.88 -1.17 NIKKEI 225 13,245.22 +237.94 HANG SENG 20,986.89 -238.99 SET INDEX 1,437.70 +10.28 JAKARTA COMP 4,806.66 -33.80 MANILA COMP 6,513.20 -5.57 SEOUL COMP 1,888.31 -12.31 SHENZHEN B 803.76 -4.63 MUMBAI IND 19,245.70 +22.42 12noon EDT Change DOW 15,301.18 -17.05 NASDAQ 3,476.03 -6.15
      48 words
    • Article
      Lock icon PRIME RATES
      21 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 JAPAN 13.375 KOREA 5.036 JAPAN 1.475 KOREA 9.33 INDIA 0.50 Source: Bloomberg
      21 words
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      75 1 SHIPPING Industry should address green issues: John Lu PAGE 6 PROPERTY Investment sales of property continue to slide in Q2 PAGE 2 COMPANIES Markit launches SGD bond indices COMMENTARY US, Japan in a currency war now PAGE 21 PAGE 8 BORN FROM LOVE BORN BY PASSION AMADEO®FLEURIER VIRTUOSO 5-DAY TOURBILLON
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      3 1 8 *****1 *****4
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      549 2 Riady dangles payout for OUE shareholders A SPECIAL dividend awaits shareholders of Overseas Union Enterprise. The property firm’s executive chairman Stephen Riady said it will make a payout to shareholders following the listing of its hospitality and retail real estate investment trust, which is expected to be launched
      549 words
    • Article, Illustration
      Lock icon Q2 property investment sales slip 10%
      804 2  -  By KALPANA RASHIWALA [SINGAPORE] Investment sales of property which cover big-ticket deals of $10 million and above continued to drop this quarter. Preliminary figures from Savills Singapore up to June 18 show that the tally for the second quarter is around $4.5 billion, with
      Source: Savills Research & Consultancy  -  804 words
    • Article
      Lock icon Japan exports jump 10% in May, fastest pace in 2 years
      618 2  -  By ANTHONY ROWLEY in Tokyo JAPAN’S exports rose at their fastest rate in two years last month, thanks partly to the weakening of the yen and also in response to increased industrial activity. Exports jumped 10 per cent to
      618 words
    • Article, Illustration
      Lock icon UK panel proposes jail for reckless bankers
      694 2  -  Panel recommends new criminal offence of irresponsible bank management By NEIL BEHRMANN in London A UK Parliamentary Commission’s damning report on banking standards has urged radical changes, including criminal sanctions and jail for reckless mismanagement and deferred bonuses. Several of the recommendations of
      PHOTO: BLOOMBERG  -  694 words
    • Article
      Lock icon Iskandar still attractive but price caution on the rise
      488 2  -  By PAULINE NG By in Kuala Lumpur ISKANDAR Malaysia’s appeal remains intact for investors optimistic about its long-term prospects, but some are turning cautious on the sustainability of the skyrocketing property prices in light of ample supply in the coming couple
      488 words
    • Article, Illustration
      Lock icon COE prices keep rising; Cat B breaches $80k
      499 4  -  Luxury car brands said to be bidding aggressively to generate sales By NISHA RAMCHANDANI [SINGAPORE] Certificate of entitlement (COE) prices continued to climb across the board at the close of yesterday’s bidding exercise, with premiums for the open category and for cars
      FILE PHOTO  -  499 words
    • Article, Illustration
      Lock icon N America has the most millionaires
      845 4  -  Continent gets back top spot from Asia-Pacific, with 3.73m high-net-worth individuals By LIVIA YAP [SINGAPORE] North America reclaimed its position as the region with the largest number of millionaires last year, after having been overtaken by the Asia-Pacific in 2011. The region had 3.73
      Source: World Wealth Report 2013  -  845 words
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      29 2 BUY/SELL PATEK PHILIPPE/ROLEX #01-46 Peninsula Plaza #02-90K People’s Park Complex #01-53 Lucky Plaza #01-44 People's Park Centre #01-45 The Bencoolen #01-K31 Bukit Timah Plaza Call 6339 9609 Peng Kwee
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      173 3 m m GC 210 m s s a rJr-sfy*. =5 New Golf GTI Cabriolet. The legendary Golf GTI now comes as a Cabriolet. Pop the top down (in just 9 seconds) and enjoy the sound of its 210 bhp TSI engine every time you’re in a tunnel. Or breathe in
      173 words
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      125 4 THE GREAT DIGITAL SALE 70 OFF YOUR FAVOURITE MAGAZINES when you subscribe to 12 issues of the digital edition now! 0 Mens in MID AN 8 Fab PACK OH BODY Mens aitn l r 1 WIEK5 BUiLD HOW EGGS CAN i I RUIN YOUR DIET ■A M. ".I FROM A
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      167 5 WITH QU DSYSTEM TM TECHNOLOGY NAS 6000 TWIN PACK 5 DAYS SPECIAL 19-23 JUNE 2013 $1399 NOW 2 FOR U.P. $1798 inclusive gst 1 FOR $899 PERFECTING AIR QUALITY THE WAY IT SHOULD BE Novita irCare Pro™ ir Sterilizer N S 6000 driven by QuadSystem™ Technology for high efficiency air
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Environmental standards vital for shipping industry’s future
      627 6  -  Sector should take a longer-term view, not focus on only financial woes now By LYNN KAN THE shipping industry’s financial difficulties should not overtake the implementation of environmental regulations, says the head of a region-wide grouping of shippers, the users of shipping services.
      627 words
    • Article, Illustration
      Lock icon Fitch affirms Genting's debt ratings
      346 6  -  A- for long-term foreign and local currency debt By GRACE LEONG FITCH Ratings has affirmed casino operator Genting Singapore’s longterm foreign and local currency debt rating at A- and its Singapore-dollar denominated perpetual capital securities at BBB. The Singapore-listed company’s parent Genting Berhad’s long-term foreign
      PHOTO: REUTERS  -  346 words
    • Article
      Lock icon Markit launches SGD bond indices
      683 8  -  Markit iBoxx SGD tracks performance of S$ sovereign and corporate debt By SIOW LI SEN MARKIT, a global index provider, yesterday launched the first bond indices for Singapore dollar corporate bonds, giving another boost to the local debt market. The Markit iBoxx SGD is a
      683 words
    • Article, Illustration
      Lock icon S'pore firms more optimistic now
      576 8  -  Business sentiment index jumps to 83 from Q1’s 61 By MALMINDERJIT SINGH COMPANIES in Singapore are more upbeat now about business prospects for the next six months than they were in the first quarter of the year. Firms across Asia were also more optimistic about
      ST FILE PHOTO  -  576 words
    • Article
      Lock icon Investor calls for action to boost China Yuchai value
      425 11  -  Shah Capital seeking support for its proposals from Hong Leong Asia By GRACE LEONG A MAJOR investor in US-listed China Yuchai International, a Singapore holding company for a Chinese diesel engine maker, has proposed that the firm increase its stake in
      425 words
    • Article
      Lock icon SingTel in tie-up with online storefront firm
      221 11  -  By JOYCE HOOI SINGTEL is throwing its weight behind online shopping through its partnership with Canadian online retail storefront firm, Shopify. Yesterday, the telco announced the launch of Shopify here and in India, with Malaysia and Indonesia to follow by next month. For
      221 words
    • Article
      Lock icon MLT buys Korean warehouse
      332 11  -  By JOYCE HOOI MAPLETREE Logistics Trust (MLT) has acquired its eighth piece of property in South Korea, this time for 28.75 billion Korean won (S$32 million). The property, a warehouse facility called The Box Centre, is being purchased from Oakline Co Ltd, a supply chain management
      332 words
    • Article, Illustration
      Lock icon Tat Hong sets up $500m MTN programme
      304 11  -  Net proceeds will be used for general corporate purposes By MARIA MALA YOGALINGAM SINGAPORE-listed crane company Tat Hong Holdings has established a $500 million multicurrency medium term note (MTN) programme. Oversea-Chinese Banking Corporation (OCBC) has been appointed as the arranger and dealer of
      304 words
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      221 7 m To build a city takes vision. To transform it takes imagination —s ill I I til! Pa*? Bj ii' Ml j. i> VSSF**! i. ii!! m ‘“8 ||L PPP i n -1 •/j,. d £.,1 I' IN m m I IfSiK 11 TZ s?ngs -Iff,? pis® •s iNMuR Wfc8
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      114 8 U always! like us on D facebook/ufmlOOS follow us on twitter@ufml003 www.uf m1003.sg UFM 100.5 ss CiO If o U SHINE Take a step back. Reflect on life. As we get caught up in the hustle and bustle of daily life, let's pause and be thankful for all that we
      114 words
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      92 8 stfi H SINGAPORE PRESS HOLDINGS f asta one V 7 Catch up with the Latest Business News with AsiaOne smartphone app l-l Australia adds most \obs iij almost t3 years aS40 million to enoourage| iamily environment BUSINESS Ifl 7 7 V&' STOCK Pay attention to pii| health-. UN urges Malaysians
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      374 9 Forbes r l FORBES GLOBAL CEO CONFERENCE Forbes Global CEO Conference TAKING THE LEAD September 3-5,2013 Bali, Indonesia Confirmed speakers* j T Steve Forbes Chairman Editor-In-Chief, Forbes Media, USA Muhamad Chatib Basri Minister of Finance, Republic of Indonesia, Chairman, Indonesia Investment Coordinating Board, Indonesia Liang Xinjun Vice Chairman CEO, Fosun
      374 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Awaiting Fed’s next move
      615 10  -  Trading practically at a standstill as markets look for direction from FOMC meeting STOCKS R SIVANITHY Senior Correspondent NOTsurprisingly,trading crawled to a standstill yesterday, as traders waited for word of what US Federal Reserve chairman Ben Bernan k e wou ld sa y about when the
      Source: Bloomberg  -  615 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 10 Jun 19 VALUE CLOSE BT OB/OS -628.00 +311.0 BT CADI -*****.00 +96.00 BT 10-day MA -*****.00 -63.00 FTSE ST Mid Cap 771.81 +0.63 FTSE ST Small Cap 580.89 +2.59 FTSE ST All Share 789.92 -2.61 FTSE ST China Top 201.16 -1.47 FTSE ST China 232.54 -2.38 FTSE
      73 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 4 2 0 0 0 8 4 2 Manufacturing 54 33 39 11 4 8 65 37 47 Commerce 22 16 17 6 2 2 28 18 19 Tpt/Stor/Comms 15 16 8
      186 words
    • Article, Illustration
      Lock icon BROKERS’ TAKE
      873 10  -  Compiled by LYNN KAN Far East Orchard Ltd June 19 close: $2.05 Maybank Kim Eng, June 19 AFTER repeated bidding attempts, Far East Orchard has finally won the HDB government land sale (GLS) tender at Fernvale Close (99-year leasehold), jointly with Frasers Centrepoint (FCL) and Sekisui House for
      Source: Bloomberg  -  873 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 22,818 22,818 72,911 72,911 Manufacturing 336,324 58,427 394,751 173,917 13,642 187,559 Commerce 278,781 52,689 331,470 95,199 4,681 99,880 Tpt/Stor/Comms 100,961 19,829 120,790 197,241 7,817 205,058 Finance 164,590 198 164,788 193,291 80 193,370 Construction 74,536 45,567
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      115 10 Stock name Close Change CapMallsAsia 1.875 -0.015 CapitaLand 3.250 -0.020 CapitaMall 2.030 +0.010 CityDev 10.500 +0.090 ComfortDelGro 1.810 +0.005 DBS Grp 16.110 +0.070 GLP 2.690 -0.030 Genting SP 1.395 -0.025 Golden Agri 0.570 -0.005 HK Land 6.840 -0.180 HPH Trust US$ 0.765 -0.005 JMH 62.210 +0.010
      115 words
    • Article, Illustration
      Lock icon Dollar steady before Fed announcement
      490 10 CURRENCIES Reuters [NEW YORK] The US dollar was steady against major currencies yesterday, with markets in a holding pattern ahead of a Federal Reserve policy announcement and news conference that could shed light on the direction of US monetary policy over the next months. Speculation
      Reuters; PHOTO: AFP  -  490 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      51 10 VOLUME Innopac 146,222,000 NexGenSCom 79,241,000 GSH Corp 73,321,000 AdvanceSCT 73,077,000 Aussino 64,748,000 YHM 44,598,000 CNA 40,181,000 Healthway 39,360,000 New Wave 35,679,000 Dukang 32,933,000 VALUE($) SingTel 109,666,050 DBS Grp 73,217,792 GLP 51,503,270 OCBC Bk 45,242,620 Wilmar 39,271,846 UOB 39,221,980 CapitaLand 37,564,292 Keppel Corp 32,032,210 SPH 22,757,030 Ascendasreit 22,267,830
      51 words
    • Article
      Lock icon RISES
      121 10 BY CENTS CLOSE UP DBXT AUD Bonds 5AU$ ***** 124.4 0.6 DBXT STGLDv100 10US$ 3017 122.1 3.3 CIMBAsean40 100US$ 1108 56.6 4.2 DBXT SPASX200 10US$ 3639 50.3 1.1 Hyflux 6% CPS 10 ***** 40.0 0.4 IS ASIA BND 100S$D 1295 33.0 2.6 Jardine C&C 4350 29.0 0.7 ST Engg.ES.1306
      121 words
    • Article
      Lock icon FALLS
      123 10 BY CENTS CLOSE DOWN GLD 10US$ ***** -109.5 -0.7 DBXT Nifty 10US$ ***** -96.9 -0.8 DBXT FTChina25 10US$ 2589 -36.5 -1.1 UOB.ES.1306 2030 -35.0 -1.7 Lyxor China H 10US$ 1270 -23.9 -1.5 IS LC BND 100S$D 1269 -23.0 -1.8 UOB 2033 -23.0 -1.1 DBXT S&P Short 10US$ 2965 -22.7
      123 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 10 DAILY
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      72 words
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      315 11 Underthe instructions of the Liquidator Hilco Bid presents A Public Sale of 1000+ Watches, Fountain Pens, Clocks and Winders Sat as* June 2013 10 am to 7 pm Orchard Hotel 1 DAY -J un 'P e f SALE lOIMLY! loo looHb# 75% OFF WATCHES: Brands featuring Valentino, Fortis, Jorg Hysek
      315 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon 22 industrial plots to be made available in H2
      591 12  -  19 sites will be on the confirmed list and three on the reserve list By ONG CHOR HAO THE government will make another 22 plots of industrial land available in the second half of the year, to moderate land prices and
      Source: SLP Research, MTI  -  591 words
    • Article
      Lock icon S’pore could be world’s first ‘smart nation’
      351 12  -  By NG ZHUO YANG SINGAPORE is well-placed to become the world’s first “smart nation”, says Infocomm Development Authority of Singapore (IDA) deputy chairman Steve Leonard. The agency has a vision for Singapore to be covered by a “sensor fabric network”, that is, sensors
      351 words
    • Article, Illustration
      Lock icon Forestville EC gets green light to launch
      477 12  -  By ONG CHOR HAO THE Forestville executive condominium (EC) project will finally launch for sale this weekend, nearly six months from its intended date, after being halted from doing so for contravening regulations. A spokesman for the Urban Redevelopment Authority (URA) said yesterday
      FILE PHOTO  -  477 words
    • Article
      Lock icon Industry leaders to be mentors in STB scheme
      405 12  -  By MARIA MALA YOGALINGAM THE Singapore Tourism Board (STB) has roped in a group of industry “mentors” to guide recipients of its Kickstart Fund in producing untested yet innovative lifestyle projects that have tourism appeal. The $5 million fund was launched in
      405 words
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      75 12 Take The Next Leap Forward Need help crossing the next professional hurdle in your life? W Visit STJobs.sg/Seminar, to find various courses to upgrade yourself with today. Awarded Best in Cross r-^--•— 'UlL?' Media Advertising (Silver) 319/ for Asian Digital Media Awards 2012 A product of SPH, Singapore's trusted media
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      44 12 HOT PROPERTY r m 5000s? Greeneflf Study SW SEMI-D KINGS walk. 5+j 4 000sf. li a K rS neg ear GCa LOOKING FOR GREAT VIEW? Check this and many other properties in CATS Classified in The Straits Times now! WATS BUY IT-SELL IT-FIND IT
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      28 12 GOODBYE, SINGAPORE India’s high commissioner looks back as he moves on to his next posting PHILANTHROPIC MERCHANTS GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
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  • SINGAPORE ACCOUNTANCY CONVENTION
    • Article, Illustration
      Lock icon A changing value proposition
      1599 13 Three leading professionals share their views on how accountants can create value for the companies they serve The Business Times: In your opinion, is the accounting profession leading or lagging when it comes to innovation and value creation within an organisation? Lee Suet Fern: Traditional finance
      1,599 words
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      397 13 Accountancy Convention 2013 The Singapore Chartered Accountant: A Beacon of the Asian Economy r i X Accountability Professionalism Trust Institute of Certified Public Accountants of Singapore Join the Institute of Certified Public Accountants of Singapore (ICPAS) at the Singapore Accountancy Convention 2013, as ICPAS celebrates 50 Years of Accountability, Professionalism
      397 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Appointments of KL ministers challenged
      590 14  -  Unconstitutional since they were not sworn in as MPs or senators first, claims petition By S JAYASANKARAN in Kuala Lumpur A MALAYSIAN opposition lawmaker has filed a legal petition challenging the appointments of two ministers and three deputy ministers. Calling them unconstitutional, M Kulasegaran a
      590 words
    • Article
      Lock icon Malaysia urged to do more to attract FDI
      446 14 [KUALA LUMPUR] Malaysia needs to step up its efforts in attracting foreign direct investment (FDI) in view of aggressive competition within the region and from developed markets. “Developed markets are looking for FDI and the same goes for emerging markets. Myanmar, Vietnam
      446 words
    • Article, Illustration
      Lock icon Indonesian fuel price hike will drive up 2013 inflation
      484 14 Reuters [JAKARTA] Indonesia’s planned hike in fuel prices will drive 2013 inflation to a five-year high and pressure the central bank to raise interest rates again even as the increased cost of living weighs on consumers in South-east Asia’s largest economy.
      Reuters; PHOTO: AFP  -  484 words
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      781 14 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices THE MONETARY AUTHORITY OF SINGAPORE APPLICATION FOR TAXABLE BOOK-ENTRY SINGAPORE GOVERNMENT BONDS Tenor Approximately 10 Years Total Amount Offered SGD 1,800,000,000 Minimum Denomination SGD 1,000 MAS' Intended Tender Amount2 SGD 300,000,000 Issue Code NX*****H ISIN Code SG********** Issue Date/Settlement Date 01 July 2013
      781 words
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      695 14 SHERIFF’S SALE VESSEL “ONSYS ARIES” In The Cause Of Admiralty In Rem No. 11 Of 2013 By Virtue of Warrant Of Arrest In Admiralty Action No. 6 Of 2013 PARTICULARS OF VESSEL Name of Vessel “ONSYS ARIES” IMO Number *****98 Official Number *****9 Type Steel welded double hull twin screw
      695 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon India relaxes FDI rules for some sectors
      525 15 Measure will help fund a record current account gap, say officials Bloomberg [NEW DELHI] An Indian Finance Ministry panel has recommended easing foreign investment rules in more than a dozen industries to help fund a record current account gap, according to three government
      Bloomberg; PHOTO: AFP  -  525 words
    • Article
      Lock icon Investors show interest in yuan assets
      508 15  -  By CHI LO The writer is senior strategist of BNP Paribas Investment Partners (Asia) Ltd and author of ‘The Renminbi Rises: Myths, Hypes and Realities of RMB Internationalisation and Structural Reforms in the Post-Crisis World’ EJ Insight [HONG KONG] A trend of rising investment
      EJ Insight  -  508 words
    • Article
      Lock icon IPOs in China on hold till new rules are out
      432 15 Bloomberg [BEIJING] China will allow initial public offerings only after new rules aimed at boosting protection for investors go into effect, a China Securities Regulatory Commission official said. Companies that have already been cleared by the regulator in a listing
      Bloomberg  -  432 words
    • Article
      Lock icon GM pitching Cadillac as a top seller in China
      467 15 Reuters [SHANGHAI] General Motors’ strategy to make its 110-year-old Cadillac brand one of China’s top-selling luxury rides went up a gear yesterday as the US carmaker unveiled plans to expand its retail network in the world’s largest car market. The company
      Reuters  -  467 words
  • Page 15 Advertisements
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      891 15 WATS NOTICES IN THE MATTER OFTHE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LOGAN HOTELS RESORTS DEVELOPMENT CO PTE. LTD. (In Creditors’Voluntary Winding Up) Co. Registration No. *****4156H NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap.50, the Final
      891 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon French anti-EU sentiment on the rise: polls
      741 16 Disenchantment fuelling tensions between Paris and Brussels Reuters [PARIS] A feeling in France that the European Union no longer works in its interest is fuelling tensions between Paris and Brussels and adding pressure on President Francois Hollande to be more assertive in Europe.
      Reuters  -  741 words
    • Article, Illustration
      Lock icon Credit squeeze thwarts Spain’s SMEs
      755 16 Scarcity, high cost of loans holds back economic recovery Reu ters [MADRID] For three generations, the Posada family has exported candied chestnuts around the globe but plans for further expansion are being hampered by the worst bank lending crunch in the business’ history. The scarcity
      Reuters; PHOTO: REUTERS  -  755 words
    • Article
      Lock icon World Bank highlights climate link with poverty
      241 16 AP [STOCKHOLM] The World Bank says it will increasingly view its efforts to help developing countries fight poverty through a “climate lens.” In a report released yesterday, the international lending institution warned that heat waves, rising seas, more severe storms and other impacts
      AP  -  241 words
    • Article, Illustration
      Lock icon Cyprus appeals for eurozone help for its largest bank
      637 16 AFP [NICOSIA] Cypriot President Nicos Anastasiades has sharply criticised the terms imposed for a March debt bailout in a letter to eurozone leaders pleading for help in safeguarding the island’s biggest lender. In the leaked letter he sent last week, Mr
      AFP; PHOTO: AFP  -  637 words
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  • WORLD
    • Article, Illustration
      Lock icon Obama’s Berlin revisit full of historical allusions
      932 17 Whirlwind visit caps 3 days of international summits AP [BERLIN] Five years and 50 years. As US President Barack Obama revisits Berlin, he cannot escape those anniversaries and the inevitable comparisons to history and personal achievement. With his own 2008 speech at Berlin’s
      AP; PHOTO: REUTERS  -  932 words
    • Article
      Lock icon Immigration overhaul will cut US federal deficit
      711 17 Rise in labour force will increase revenues: report AP [WASHINGTON] A US immigration overhaul would cut hundreds of billions of dollars from the federal deficit over the next 20 years if it gets through Congress, congressional budget analysts said. Tuesday’s assessment cheered supporters
      AP  -  711 words
    • Article, Illustration
      Lock icon Chinese postpone wine orders on tariff hike fears
      502 17 AFP [BORDEAUX] Chinese wine importers have already started putting orders from France and other European countries on hold over fears of a hike in tariffs being triggered as part of a broader EU-China trade dispute, say leading figures in the sector. Industry
      AFP; PHOTO: REUTERS  -  502 words
    • Article
      Lock icon Ireland to push for EU budget deal before July
      322 17 [BRUSSELS] It is time for the European Parliament to approve the EU’s hotly contested budget for the next seven years and give the struggling bloc a much needed spending boost, Irish Foreign Minister David Gilmore said on Tuesday. Ireland is pressing
      322 words
    • Article
      Lock icon Brazil cement giant drops IPO as market worsens: source
      438 17 AFP NYT [SAO PAULO] Brazil’s largest cement producer, Votorantim Cimentos, cancelled its multibillion-dollar initial public offering on Tuesday amid worsening market conditions, a person closely involved with the operation said. The IPO was expected to raise as much as US$4.7 billion
      AFP; NYT  -  438 words
    • Article
      Lock icon Debt-laden coal baron unloads Whitehaven stake
      662 18 In doing so, Tinkler pays off the bulk of a US$634m loan Reuters [MELBOURNE] Australia’s Nathan Tinkler has handed his stake in Whitehaven Coal Ltd to lenders to pay off most of a US$634 million debt, in a deal that may put one of
      Reuters  -  662 words
    • Article, Illustration
      Lock icon NZ emerges as testbed for global tech firms
      639 18 Small market poses little risk of major fallout if anything goes wrong AFP [WELLINGTON] When Google chose New Zealand to unveil secret plans for a balloon-driven wi-fi network last weekend, it cemented the country’s reputation as a testbed for global tech companies
      AFP; PHOTO: AFP  -  639 words
    • Article
      Lock icon Zuckerberg meets Samsung to discuss tie-up
      293 18 WP [SEOUL] Facebook CEO Mark Zuckerberg, seeking to boost advertising sales from mobile devices, discussed potential partnerships with Samsung Electronics on Tuesday, according to the head of the South Korean company’s handset division. Samsung president Shin Jong Kyun said outside the company’s Seoul offices
      WP  -  293 words
    • Article, Illustration
      Lock icon LDP policy chief retracts Fukushima remarks
      409 18 Reuters [TOKYO] The policy chief of Japanese Prime Minister Shinzo Abe’s ruling party yesterday apologised and withdrew remarks that appeared to make light of the Fukushima nuclear disaster, adding it was up to the premier whether she would keep her job. With a month
      Reuters  -  409 words
    • Article
      Lock icon Japan equity fund seeks to double size
      368 18 Bloomberg [TOKYO] Japan Industrial Solutions Co, which operates a turnaround fund partly held by the nation’s so-called megabanks, is in talks to more than double the fund’s size to take advantage of Prime Minister Shinzo Abe’s stimulus. JIS has begun discussions with shareholders
      Bloomberg  -  368 words
    • Article
      Lock icon Spain’s recession may end soon: IMF
      342 18 AFP [MADRID] Spain’s biting recession may end soon but the outlook is tough and Madrid must do more to battle the unacceptably high unemployment rate, the IMF warned yesterday. Spain’s economy, still reeling from a 2008 property market crash, fell into a double-dip recession
      AFP  -  342 words
    • Article, Illustration
      Lock icon World Bank watching Fed, ready to help developing states
      693 19 Slower US money creation could have spillover effects, higher loan costs Reu ters [LONDON] The World Bank is concerned about the spillover effects on developing countries of a slowing of US money creation and will move to provide affordable capital when
      Reuters; PHOTO: REUTERS  -  693 words
    • Article
      Lock icon Swiss banks face US charges as parliament rejects tax deal
      403 19 Reu ters Bloomberg [GENEVA] The Swiss lower house of parliament dealt a final death blow yesterday to a draft law aimed at protecting the country’s banks from criminal charges in the US for helping wealthy Americans to evade tax. The
      Reuters; Bloomberg  -  403 words
    • Article
      Lock icon EU regulators investigate rescue of SAS
      411 19 Probe will decide if 400m euro package breached EU state aid rules Reuters [BRUSSELS] European regulators are investigating whether a 400 million euro (S$673.4 million) credit facility granted to Scandinavian airline SAS by Sweden, Denmark and Norway breached EU state aid rules. The loan
      Reuters  -  411 words
    • Article
      Lock icon Russia blames sham companies for illicit transfers
      611 19 760b rubles is being illegally channelled out of the country Bloomberg [MOSCOW] Russia’s outgoing central bank chairman Sergey Ignatiev said that a single network of at least 1,173 sham companies is responsible for illegally channelling a minimum of 760 billion rubles (S$29.56 billion)
      Bloomberg  -  611 words
    • Article, Illustration
      Lock icon EU fines Lundbeck, others over generics delay
      424 19 EU says that the pharma firms sought to capitalise profit at patients’ expense AP [BRUSSELS] The European Union has fined Danish pharmaceuticals multinational Lundbeck and several other producers a combined 146 million euros (S$245.6 million) for delaying the market entry of cheaper generic
      AP; PHOTO: AP  -  424 words
    • Article
      Lock icon EU seeks tougher law on benchmark rigging
      290 19 Bloomberg [BRUSSELS] European Union legislators will seek to reach a deal with national governments today to toughen punishments for benchmark rigging and other market abuse in the wake of the scandal engulfing Libor and other rates. European Parliament lawmakers will hold talks on
      Bloomberg  -  290 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Haze: do something now
      497 20 EDITORIAL THE haze situation in the immediate region is fast developing into a crisis which calls for a swift and decisive response. The Pollutant Standards Index (PSI) has reached levels not seen for 16 years. If unchecked, the haze could go on for months, with serious
      497 words
    • Article, Illustration
      Lock icon Data privacy law poses challenges for firms
      1059 20  -  Setting up a compliance framework should start soon in view of the July 2014 deadline By TAN TAN SHONG YE RADISH SINGH Tan Shong Ye is a partner, IT risk leader at PwC Singapore, and Radish Singh is an associate director at PwC
      PHOTO: STOCK.XCHNG  -  1,059 words
    • Article, Illustration
      Lock icon Europe youth joblessness not the worst problem
      768 20  -  THE BOTTOM LINE DANIEL GROS Daniel Gros is director of the Center for European Policy Studies Project Syndicate EUROPEAN policymakers have decided that they must be seen to be “doing something” about youth unemployment. A special summit of Europe’s heads of state has
      Project Syndicate  -  768 words
    • Article, Illustration
      Lock icon US, Japan in a currency war now
      1193 21  -  And commentators are bandying about terms like ‘a second Pearl Harbor’ and ‘a second Hiroshima’ to describe it ANTHONY ROWLEY Tokyo Correspondent JAPANESE Economics Minister Akira Amari has chided countries that charge others with weakening their currencies in order to boost exports while
      PHOTO: REUTERS  -  1,193 words
    • Article, Illustration
      Lock icon Environment issues hitting the economy
      805 21  -  By VINOD THOMAS The writer is Director General of Independent Evaluation at the Asian Development Bank, and former Director General and Senior Vice-President of the World Bank’s Independent Evaluation Group and Chief Economist for Asia. A GLOBAL debate is in full swing over what should
      PHOTO: AFP  -  805 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon AirAsia to launch flights to Medan, Surabaya from Changi
      605 22  -  This brings total direct routes out of S’pore to 17, up from 12 last June By NISHA RAMCHANDANI DESPITE operating only a virtual hub at Changi Airport, budget carrier AirAsia will be operating direct flights to 17 destinations out of Singapore
      605 words
    • Article
      Lock icon Tokyo-bound United flight diverted over oil filter issue
      521 22 AP [SEATTLE] An indication of an oil filter problem prompted the crew of a Boeing 787 flying from Denver to Tokyo to divert to SeattleTacoma International Airport on Tuesday afternoon, a United Airlines spokeswoman said. Flight 139 landed normally and an airline
      AP  -  521 words
    • Article
      Lock icon West African piracy exceeds Somalia attacks for 1st time
      490 22 NYT [LONDON] In a marked shift in patterns of maritime piracy, three leading organisations reported on Tuesday that for the first time the number of ships and sailors attacked off West Africa in 2012 exceeded those assaulted by pirates based in
      NYT  -  490 words
    • Article
      Lock icon JAL talks to Boeing on 787 compensation
      238 22 AFP [TOKYO] Japan Airlines (JAL) has started talks with US aviation giant Boeing over losses stemming from the grounding of its troubled 787 Dreamliner, a company spokesman said yesterday. The Japanese carrier was forced to cancel hundreds of flights since mid-January, when its
      AFP  -  238 words
    • Article, Illustration
      Lock icon Korean Air gives Boeing a boost
      463 22 Bloomberg [CHICAGO] Korean Air Lines Co (KAL) agreed to buy five Boeing 747-8 passenger planes as part of a planned US$3.6 billion purchase of wide-body aircraft, giving a sales boost to a jumbo jet whose output is being cut due to weak demand. Korean
      Bloomberg; PHOTO: REUTERS  -  463 words
    • Article
      Lock icon TRANSPORT STOCKS
      230 22 SGX '000 Jun 19 S$ +/-Vol CH Offshore '000 Chuan Hup Hldg 0.26 unch 145 S$ Vol First Ship Lea unch unch 0 Freight Links 0.09 unch 4573 Grand Banks unch unch 0 Jaya Hold Ltd 0.58 0.02 192 K1Ventures 0.17 unch 830 Keppel Corp 10.67 0.01 2995
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  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      364 22 CRYPTIC CROSSWORD Across 1 Not working, like a monk who has defected? (3,2,5) 6 Look conveying love and joy, no end (4) 9 Having little internal energy pop group is less happy (5) 10 Search is getting on inside —things to be discussed (9) 12 13 Dish is an item
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  • Article
    Lock icon SHIPPING TIMES
    1455 23 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 23 Advertisements
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      Lock icon Page 23 Advertisements Column 1
      76 23 Shipping lines! Canthey seeking reliable! find your logisticspartners! 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 Shippii g times CALL JOE
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3522 24 Transaction date: Jun 19 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 Last Sale Vol Day Last Quote ('000) High Low Buyer Seller 10.4 7 AEM C'vr 188 106
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    • Article
      Lock icon SGX CATALIST
      240 25 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 2.4 1.3 t Advanced System 1.5 unch 150 1.5 1.5 1.5 1.6 23.8 Last Quote Div Gr Yld Net M Cap High
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    • Article
      Lock icon UNIT TRUST & FUNDS
      11055 25 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd Aberdeen Asset Mgt Asia Limited 1.11/ Aberdeen Asset Mgt Asia Limited Global Emerging Markets!** China Opportunities 2.8709/ EM Local Ccy Bond *****/ European Opportunities!" 1.2082/ Global Emerging Markets!” Global Opportunities/” 1.8601/ 0.9514/ Global Emerging Markets USD 0.5077/ Global Opportunities USD
      11,055 words
    • Article
      Lock icon GLOBALQUOTE
      258 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 49.1 25 AVJennings A45 +1.5 1 45 45 42.5 46 3.6 7.8 3.7 166.6 52 30.5 Genting HK US$ US49 unch 3743 49 48 48.5 49 3226.4
      258 words
    • Article
      Lock icon SGX ETF
      917 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 114.6 -3.2 29 118 114.6 114.5 117.4 523.1 143 120.4 CIMB APAC Div 100S$D 131.5 131.4 132.3 114.4 96 CIMB
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      634 26 Jun 19 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.08 *****.62 *****.65 Sep13 *****.00 *****.00 *****.00 *****.00 *****2 *****6 Dec13 *****.00 *****.00 *****.00 *****.00 1007 ***** MSCI TAIWAN INDEX FUTURES SPOT 286.71 287.63 285.39 Jun13 285.40 286.50 284.20 285.70 ***** *****9 Jul13 279.80
      634 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 26 In local curr In S$ In US$ dy yr dy yr dy yr Jun 18 Index Change Change Change Change Change Change World Preliminary 1055.2 0.5 12.5 1.0 14.4 0.3 10.7 EAFE Preliminary 852.2 0.2 10.0 0.6 10.0 -0.1 6.4 Europe Preliminary 1224.3 0.3 6.7
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 26 Jun 19 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.971 5.824 0.710 7.373 55.836 94.181 0.903 10.745 3.002 1.188 93.767 41.094 1.196 9.445 0.874 28.367 29.226 0.607 0.951 Canada 1.030 5.999
      471 words
    • Article
      Lock icon SIBOR
      63 26 Jun 19 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths SWAP Mid rates
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    • Article
      Lock icon PRECIOUS METALS
      135 26 Jun 19 GOLD(US$/oz) Jun 19 Jun 18 Hong Kong 1380.00 1390.00 Jun 18 Jun 17 London 1363.46 1382.86 1364.33 1383.72 Source: Thomson Reuters CAST BAR Jun 19 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 125 55 5gm 354 277 10gm 633 554
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    • Article
      Lock icon GOVERNMENT SECURITIES
      94 26 Jun 19 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 19-Sep-13 0.25 0.19 0.19 6-Month BS*****T 13-Dec-13 0.27 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 99.94 100.00 100.00 5-Year
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    • Article
      Lock icon PALM OIL
      57 26 Jun 19 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 13 2451.0 2466.0 2472.0 2444.0 905 4768 Aug 13 2460.0 2481.0 2489.0 2455.0 3837 ***** Sep 13 2457.0 2472.0 2482.0 2449.0 ***** ***** Oct 13 2452.0 2464.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 26 Jun 19 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1958 1.1969 0.9503 0.9509 Canadian dollar 1.2319 1.2328 0.9794 0.9790 Euro 1.6850 1.6857 1.3391 1.3392 NZ dollar 1.0065 1.0073 0.7999 0.8003 Sterling pound 1.9701 1.9713 1.5657 1.5661
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    • Article
      Lock icon CHICAGO BOT
      109 26 Jun 18 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 13 1510.75 1512.50 1530.00 1510.00 Aug 13 1435.50 1435.25 1451.25 1433.50 Sep 13 1337.25 1333.75 1344.50 1332.75 Nov 13 1289.75 1285.50 1296.25 1282.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 13
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    • Article
      Lock icon LIFFE
      95 26 Jun 18 COCOA (£/tonne) Close Prev High Low Jul 13 1439 1440 1450 1437 Sep 13 1452 1452 1461 1448 Dec 13 1460 1459 1469 1456 Mar 14 1463 1462 1473 1458 COFFEE(US$/tonne) Close Prev High Low Jul 13 1744 1738 1745 1721 Sep 13 1763 1764 1765 1748
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1183 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 0.4xe 1 146 655 48.50 11 Acma Ltd. W*****6 Ratio Albedo Limited W*****9 0.8 unch 1003 Price Ascendas Reit.ES.1306 Disc Asiatravel.com HoldingsW*****7 1 1 25 13 Asiatravel.com HoldingsW*****5
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 26 CRUDE OIL PRODUCTS Jun 18 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 105.77 -0.32 WTI (Near Mth) 98.43 0.59 Dubai (1-Mth F) 101.99 -0.86 Tapis blend 109.06 -0.65 Minas 105.31 -0.40 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 94.72 -1.45 Jet Kerosene 118.92 -1.42 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 26 Jun 19 S$ Bid Offer 1-month 1.2582 1.2586 2-months 1.2582 1.2588 3-months 1.2583 1.2589 6-months 1.2583 1.2591 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 26 Jun-18 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1795.75 1800.75 3 months 1841.00 1844.00 Copper, Grade A(US$/tonne) Cash 6969.75 7047.75 3 months 7005.00 7083.00 Lead(US$/tonne) Cash 2080.50 2099.00 3 months 2091.50 2108.00 Nickel (US$/tonne) Cash *****.50 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 26 As at 9am Jun 19 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.220 1.162 Can dollar 1.257 1.209 Euro 1.731 1.649 Sterling pound 2.010 1.933 NZ dollar 1.030 0.991 US dollar 1.289 1.228 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      157 26 Jun 19 $S Offer Bid 0vernight 0.04 0.02 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.60 0.40 9 months 0.75 0.55 12
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  • PROPERTY
    • Article, Illustration
      Lock icon China tycoon invests £1b in UK land, boats
      912 27 Dalian Wanda also plans to build luxury hotels in eight to 10 cities globally Bloomberg [BEIJING] Dalian Wanda Group, the Chinese developer controlled by billionaire Wang Jianlin, is investing £1 billion (S$ 1.97 billion) in a British yachtmaker and a London site
      Bloomberg; PHOTO: AP  -  912 words
    • Article
      Lock icon Househunt
      1254 27 PROPERTY TRANSACTIONS BETWEEN MAY 22 AND MAY 28, 2013 PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN LAND PRICE PSF STREET NAME TYPE DATE AREA* (SQ FT) (S$'000) (S$) District 1 NON-LANDED Marina Bay Residences Apt 22/05/2013 99 710 1740 2449 The Clift Apt 22/05/2013 99 495 1200 2424 V On
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    • Article, Illustration
      Lock icon Evicted Spanish families seek refuge in unfinished buildings
      825 28 AFP [BOLLULLOS PAR DEL CONDADO, Spain] The washbasin in Juana Alonso’s bathroom is brand new, but no water comes out of the tap. No bulbs hang from the light fittings. The house is unfinished; no one was meant to be moving in
      AFP; PHOTO: AFP  -  825 words
    • Article
      Lock icon China’s GF Fund starts US Reit tracking fund
      329 28 It aims to match MSCI US Reit Index performance, invest via QDII scheme Bloomberg [SHANGHAI] GF Fund Management Co, an asset management unit of China’s fourth-largest brokerage, will next month start the country’s first fund that tracks a US property index to
      Bloomberg  -  329 words
    • Article, Illustration
      Lock icon Dallas outperforms home markets in US
      1403 29 Texas city only one in S&P/Case-Shiller index with price gain in seven years Bloomberg [LOS ANGELES] Dallas has been the best-performing of 20 major housing markets in the US since the real estate bubble burst in 2006, as job and population growth pushes up
      Bloomberg; PHOTO: BLOOMBERG  -  1,403 words
    • Article, Illustration
      Lock icon Mori betting on green buildings in central Tokyo
      783 30 Developing such projects is the best way to gain from PM Abe’s policies Bloomberg [TOKYO] Japanese billionaire Akira Mori has said that developing energy-sav-ing buildings in central Tokyo is the best way to benefit from Prime Minister Shinzo Abe’s policies such as
      Bloomberg; PHOTO: BLOOMBERG  -  783 words
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  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      84 28 FOR SALE: 35 Tuas View Crescent Part 1 part 3-storey Detached Industrial Warehousing premises Land: 172,209.48 sqft B2 zone uses (subject to JTC) Tenure: 30+30 yrs wef. 1st Dec 1999 Electrical: 2000kVA via 2-feeders GFA: 178,000 sqft approx. Near possible land use allocation for FTZ and port uses beyond 2030
      84 words
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      Lock icon Page 28 Advertisements Column 2
      398 28 Building wealth Through Global Property Investment We help our clients identify opportunities, BUILD PORTFOLIOS AND HELP THEM MAXIMIZE THEIR WORLD-WIDE ASSETS UNDER MINIMAL RISKS. iJjBi:: -ism mi ■If r t T* iri**--ri'*iiri-i<n '"77 INCOME GENERATING ASSETS ~Benefit from secure and regular income returns plus long-term asset appreciation Commercial Buildings in
      398 words
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      Lock icon Page 28 Advertisements Column 3
      160 28 FREEHOLD INDUSTRIAL REDEVELOPMENT SITE Henley Industrial Building BARTLEY (CC12) Investment Properties 6224 8181 Galven Tan Low Choon Sin (CEA Reg No. R*****1F) (CEA Reg No. R*****5H) 9799 4898 9841 0006 Site area 2,523.3 sqm approximately 27,160 sq ft Masterplan 2008 zoning “Business 1 Plot Ratio 2.5 Regular and Elevated Plot
      160 words
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  • Page 29 Advertisements
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      Lock icon Page 29 Advertisements Column 1
      111 29 r. Regus Work your way 12 flexible office locations in Singapore Fully equipped and work-ready Terms to suit any size of business Now open at Orchard Wisma Atria Find out more about our fully equipped offices... regus.com.sg 1 800 622 1563 n Knight Frank THE OCTAGON 105 CECIL STREET Premium
      111 words
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      Lock icon Page 29 Advertisements Column 2
      151 29 P Jones Lang LaSalle Real value in a changing world EU NOS-M RT-STATION -JtPb-r *«l# t\ EUNOSVILLE Site Area 376,713 sf, Plot Ratio 2.8 Only 90m to Eunos MRT Station LH approx. 102 yrs from 1986 Potential for 1,000 units of ave 1,100 sf 270° view over low-rise areas Regular
      151 words
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      Lock icon Page 29 Advertisements Column 3
      281 29 FREEHOLD! LAND SALES WITH APPROVED PLAN ISKANDAR Iskandar Zoning (Flagship A): Jalan Perling Jalan Tengah Land Size: 0.8 hectares Sales Strata Area: 173,000 sq ft approx. Low Density Mixed Residential Minutes' drive to Lego Land, Danga Bay High Rise Condo (74 units) Villa (6 units) with condo facilities Strategically located
      281 words
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      Lock icon Page 29 Advertisements Column 4
      176 29 INVEST IN MULTI MILLION DOLLARS INDUSTRY ONLY FROM RMS135 PSF WITH BANK FINANCING AVAILABLE •MORE THAN 90% SOLD STRATEGY LOCATED, MAIN ROUTE TO FROM JOHOR, MERSING KUANTAN •FREEHOLD LAND TITLE 3 STOREY LIGHT INDUSTRIAL SHOPHOUSE POTENTIAL PROPERTY APPRECIATION TECHNICAL KNOW HOW SUPPORT TO ENSURE BIRD'S NEST OUTPUT APPROVED BIRD'S NEST
      176 words
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      Lock icon Page 30 Advertisements Column 1
      83 30 PROPERTY RENTAL YIELD TOOL How much returns can you get from your property investment? Key in asking price of the property of your choice and the estimated asking rent, and we’ll do the rest! www.stproperty.sg/property-rental-yield Property Rental Yield Tool J3 f At STProperty.sg, your ideal property isn’t hard to find.
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      Lock icon Page 30 Advertisements Column 2
      18 30 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices WATS NOTICES
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