The Business Times, 28 June 2013

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Microfilm: NL32625
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Friday, June 28, 2013
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  • Article
    Lock icon Big move from paper trail to electronic path
    975 1  -  Acra tells all firms to adopt electronic mode of reporting financial information by Oct By LYNN KAN [SINGAPORE] Companies here will move to an electronic mode of reporting financial information that will replace static paperbased formats. Starting October 2013, all 60,000 companies
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,118.03 (+13.63) GST INDEX FUTURES 3,118.00 (+14.00) GSIMSCI 350.59 (+0.92) GSIMSCI FUTURES 350.70 (+1.30) US$ S$ US$ (S$ per US$) 1.269 (US$/S$ per 1.533 1.945 EURO (US$/S$/€ 1.304 1.654 Foreign currency per US$ S$ YEN 98.10 77.30 RM 3.181 2.507 HK$ 7.758 6.114 BAHT 31.17 24.56 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Thursday Change KL COMP 1,751.57 +10.81 NIKKEI 225 13,213.55 +379.54 HANG SENG 20,440.08 +101.53 SET INDEX 1,446.45 +22.07 JAKARTA COMP 4,675.75 +88.02 MANILA COMP 6,328.00 +209.06 SEOUL COMP 1,834.70 +51.25 SHENZHEN B 761.15 +2.60 MUMBAI IND 18,875.95 +323.83 12noon EDT Change DOW 15,041.46 +131.32 NASDAQ 3,407.42 +31.20
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    • Article
      Lock icon PRIME RATES
      21 1 SINGAPORE 5.38 HONG KONG 6.55 INDONESIA 5.00 INDONESIA 13.322 TAIWAN 5.036 JAPAN CANADA KOREA SWITZERLAND BRITAIN 0.50 Source: Bloomberg
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  • Article, Illustration
    Lock icon ‘Mr Trusts’ fights back to regain clients’ trust
    768 1  -  Tax efficiency is not tax evasion, he says, citing UK court case By SIOW LI SEN [SINGAPORE] David Chong sells trust companies “by the thousands” and likes to make the point that a person has the legal right to pay the least
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      138 1 ART Arab art rich with political irony PAGE 33 MANAGING INNOVATION A key partner in business PAGE 13 COMPANIES SingTel loses out on Myanmar telco bid PAGE 6 AVIATION Qantas probes prison headset claim PAGE 25 Old and trendy EXEC LIFESTYLE IPAGE 36 BT PROPERTY CLASSIFIEDS BT’s CATS property feature
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  • TOP STORIES
    • Article
      Lock icon Wrongly made pipe caused A380 engine blowout in 2010
      465 2  -  By JOYCE HOOI [SINGAPORE] A wrongly made pipe was the reason a plane engine blew up over Batam 7,000 feet in the air on a Singapore-Syd-ney Qantas flight in 2010, the Australian Transport Safety Bureau (ATSB) found yesterday. The November 2010
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    • Article
      Lock icon THREE-MINUTE DIGEST
      459 2 Big move from paper trail to electronic path COMPANIES here will move to an electronic mode of reporting financial information that replaces static paper-based formats. Starting October 2013, all 60,000 companies that are required to file their financial statements with the national regulator of businesses have to adopt
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    • Article, Illustration
      Lock icon Hng Kiang: open economy, FTA networks crucial
      700 2  -  S’pore will maintain business-friendly environment to help companies, he says By NISHA RAMCHANDANI [SINGAPORE] As trade becomes increasingly important within the Asia-Pacific region, it is crucial to maintain an open economy as well as to develop and nurture free trade agreement (FTA) networks,
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    • Article, Illustration
      Lock icon For-profit pre-schools get crack at mass market
      690 2  -  By KELLY TAY [SINGAPORE] For-profit pre-schools may now apply to get on board the government scheme that will offer them preferential allocation of choice HDB sites at subsidised rentals and recurring government grants to offset costs such as teachers’ salaries. As participants of
      FILE PHOTO  -  690 words
    • Article, Illustration
      Lock icon Obama won’t be ‘scrambling jets’ to apprehend Snowden
      488 2 Reuters [DAKAR, Senegal] President Barack Obama said yesterday that he would not start “wheeling and dealing” with China and Russia over a US request to extradite former American spy agency contractor Edward Snowden. Mr Obama, who appeared concerned that the case would
      Reuters; PHOTO: AFP  -  488 words
    • Article
      Lock icon More bosses plan to boost headcount: study
      465 4  -  Hiring intentions for next three months at highest level since Q4 2011; only 2.7% ready to reduce staff By CHUANG PECK MING [SINGAPORE] Never in over a year have there been so many employers in the mood to hire more workers, says employment
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    • Article, Illustration
      Lock icon Let’s meet soon in my office – underground
      741 4  - Let’s meet soon in my office underground By LIVIA YAP [SINGAPORE] To an ordinary person, a parallel universe is an alternative reality that exists only in one’s mind. In a few decades, though maybe sooner it might just be an office 50 feet underground. Zoom down in the elevator and
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      123 3 Depuis 1775 a* mt ms w 4 i V m y "S >S* I -V a 31 Ski </> is vc. ■V if V rJT. f> hA AN l V K Breguet, the inno Invention of the shock-protection Inspired by “subscription watches”, the Tradition 7027BR model daringly symbolizes the Breguet
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      80 4 for tAe Sponsored by: Julius Bar mom.. The prestigious 8th Singapore Corporate Awards presentation and gala dinner, to be held on Wednesday 7 August 2013 at The Ritz Carlton Millenia Singapore, is open for booking now. Please call Christine Ang at 6319 5119 or email angicc@sph.com.sg fast by 19 July
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  • Page 5 Advertisements
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      141 5 THE BEST CLASS a GS S27 RX The Luxury SUV rst GS Exceeding Expectations EXPERIENCE AMAZING AT THE NEW LEXUS BOUTIQUE. Many seek recognition, only a few earn it, At Lexus, we strive to create an exhilarating driving experience designed around you, Inspired performance, committed craftsmanship and a devotion to
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon SingTel, Yoma lose out on Myanmar bids
      585 6  -  Norway’s Telenor and Qatar’s Ooredoo outbid nine others to win the licences By KENNETH LIM SINGAPORE-LISTED companies Singapore Telecommunications (SingTel) and Yoma Strategic Holdings have been shut out of two highly sought mobile licences in Myanmar that the authorities awarded yesterday. Norway’s Telenor
      PHOTO: REUTERS  -  585 words
    • Article
      Lock icon Two Eu Yan Sang sites hacked; data safe
      287 6  -  By NG ZHUO YANG TRADITIONAL Chinese medicine retailer Eu Yan Sang International, two of whose websites came under a hacking attack yesterday, said its e-commerce data were not compromised. In a statement yesterday, Eu Yan Sang’s group chief executive officer Richard Eu
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    • Article
      Lock icon Market shocks badly needed to even out QE imbalances
      714 6  -  HOCK LOCK SIEW By R SIVANITHY STOCK market investors have had to digest quite a few developments over the past three months the likelihood of the US and Chinese central banks turning off their liquidity taps, the subsequent rise in the
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    • Article
      Lock icon Moving to XBRL: the ins and outs, resources available
      309 6  -  By LYNN KAN ALL Singapore incorporated companies that are either unlimited or limited by shares required to file their financial statements with Acra have to do so in full XBRL format from October. However, banks, insurance companies, and finance companies regulated
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    • Article
      Lock icon Strong demand ahead of J Gateway condo launch
      436 9  -  1,400 blank cheques put in for units in condo near Jurong East MRT station By FELDA CHAY MCL Land’s J Gateway condominium in Jurong East will be launched for sale to the public only tomorrow, but already, prospective buyers have showed up
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    • COMPANY BRIEFS
      • Article
        Lock icon Chemoil Energy secures US$800m in banking facilities
        81 9 MARINE fuel provider Chemoil Energy has secured two banking facilities totalling US$800 million. The uncommitted secured receivables borrowing base facility (RBBF) that it signed last Friday has provided it with funds of US$500 million to draw on to finance receivables and other general
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      • Article
        Lock icon Tee Land buying Petaling Jaya site for RM40m
        107 9 REAL estate developer Tee Land is buying a 96,649 square foot freehold site with an industrial building in Petaling Jaya, Malaysia, for RM40 million (S$16.3 million). The site has potential to be re-zoned for commercial use and re-developed into a mixed-development project
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      • Article
        Lock icon SATS unit divests AAFC stake for US$18.4m
        104 9 SATS’ wholly owned unit SATS Investments Pte Ltd has agreed to sell its 40 per cent stake in Adel Abuljadayel Flight Catering Company Limited (AAFC) for US$18.4 million. As at March 31, 2013, the shares to be sold had a book value of
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    • Article
      Lock icon Freight Links net profit up 19% at $38m
      396 9  -  Turnover jump of 14.5% mainly due to new ISO tank operation business By CARINE LEE FREIGHT Links Express Holdings has reported a 19.1 per cent increase in net profit to $38.36 million for the year ended April 30, 2013, from $32.21 million
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    • Article
      Lock icon China Gaoxian shareholders ratify 2.2b yuan Huaxiang project in Huzhou
      334 9  -  By ANNABETH LEOW CHINA Gaoxian Fibre Fabric Holdings shareholders voted yesterday in support of the company’s investment in a project to expand the company’s polyester production capacity. After an extraordinary general meeting (EGM) in which shareholders representing 99.9586 per cent
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    • Article
      Lock icon Riding the Myanmar wave
      890 10  -  Keppel sprucing up its hotels, adding a new wing at Sedona Hotel Yangon By MINDY TAN FOLLOWING years of quiet slumber, Keppel is sprucing up its hotels in Myanmar as it looks to ride the wave of newly awakened interest in the country. The group, which
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    • Article
      Lock icon Popular’s FY13 earnings fall 25.2% to $23.3m
      416 10  -  Turnover down 7.6%; one cent/share dividend declared By TEH SHI NING POPULAR Holdings’ fullyear net profit fell 25.2 per cent to $23.3 million, from $31.1 million the previous year, as its property development and retail arms brought in less revenue. Turnover fell 7.6
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    • Article
      Lock icon XMH Q4 profit rises 21.6% to $3.51m
      360 10  -  By CARINE LEE XMH Holdings Ltd’s net profit for the fiscal fourth quarter ended April 30 rose 21.6 per cent year-on-year to $3.51 million, from $2.88 million. Turnover increased 13.4 per cent to $29.65 million, from $26.14 million a year ago, attributable mainly
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      538 6 PAYMENT DATE FOR ADVANCE DISTRIBUTION For the period from 1 April 2013 to 9 June 2013 pursuant to the private placement To: Stapled Securityholders of Ascendas Hospitality Trust Dear Sir Madam 1. ADVANCE DISTRIBUTION DETAILS We are pleased to inform you that Ascendas Hospitality Trust (“A-HTRUST”) will distribute 1.03 Singapore
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      173 6 One of the LARGEST Investment Fairs in Town! Discover the Wealth Of Investment Opportunities! EVENT HIGHLIGHTS Panel Discussion on Market Outlook (In English and Mandarin) Over 40 FREE Investment Seminars Attend Educational Workshops by International Investment Gurus Keynote Presentations by Popular Investment Speakers Dr. Alexander Elder Best-selling Author Discover the
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      155 7 v a 1/0 V 11| 'T MS <■' !‘k>. XVg j a K? Pf MS jmfo >;> S>>? >.> ts 1$ BENTLEY gg^fe:SWtt r,..- r Zv A x> <x rijSStfi !?m I 1*1 I V?- •»«;l Vf ■jS »aav h >. 7»A*a‘..■.* !S; .OCfc tt AVje- Jl YEARS WARRANTY 7“
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Wall Street bounce lifts ST Index
      593 8  -  Ironic boost for stocks from downward revision in US growth as QE tapering fears ease STOCKS R SIVANITHY Senior Correspondent BAD economic news is good news for stocks such has been the recurrent and most successful trading theme in stock markets for more than
      Source: Bloomberg  -  593 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 8 Jun 27 VALUE CLOSE BT OB/OS -64.00 +410.0 BT CADI -*****.00 +62.0 BT 10-day MA -*****.00 -6.00 FTSE ST Mid Cap 741.00 +4.14 FTSE ST Small Cap 559.77 +1.72 FTSE ST All Share 764.70 +3.44 FTSE ST China Top 193.60 +1.52 FTSE ST China 224.14 +1.56 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      58 8 VOLUME Mirach Energy 232,090,000 Innopac 170,505,000 St James 79,641,000 Golden Agri 52,283,000 IPCO Intl 41,222,000 WE Hldgs 39,280,000 ISDN Hldgs 39,000,000 SingTel 34,049,000 OKH Global 31,814,000 Enviro-Hub 31,292,000 VALUE($) SingTel 125,643,936 UOB 120,561,375 DBS Grp 101,665,473 CapitaLand 80,277,420 OCBC Bk 67,440,932 ISDN Hldgs 49,596,965 Keppel Corp 49,033,446
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 7 2 0 0 0 6 7 2 Manufacturing 61 41 31 5 6 10 66 47 41 Commerce 27 14 22 5 1 4 32 15 26 Tpt/Stor/Comms 14 17 8
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      907 8  -  Compiled by JOYCE HOOI Singapore Transport Sector Maybank Kim Eng Research, June 27 THE impact of haze will not last long; we stay positive on SIA Engineering Company (SIAEC), SATS and ComfortDelGro. The haze, while a yearly affair and the worst ever so far this year, is still
      Source: Bloomberg  -  907 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 25,384 25,384 73,566 73,566 Manufacturing 240,706 94,218 334,924 169,290 7,670 176,960 Commerce 135,177 58,557 193,734 133,296 5,123 138,419 Tpt/Stor/Comms 97,077 15,236 112,313 201,390 6,223 207,613 Finance 197,453 98 197,551 330,828 44 330,872 Construction 85,254 14,698
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      114 8 Stock name Close Change CapMallsAsia 1.795 +0.020 CapitaLand 3.060 +0.010 CapitaMall 1.985 +0.025 CityDev 10.510 -0.130 ComfortDelGro 1.820 +0.015 DBS Grp 15.500 -0.160 GLP 2.650 +0.030 Genting SP 1.320 -0.020 Golden Agri 0.550 HK Land 6.680 +0.170 HPH Trust US$ 0.735 -0.005 JMH 58.800 +1.800 JSH
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    • Article, Illustration
      Lock icon Yen weakens on speculation over QE
      463 8 CURRENCIES Bloomberg [EDINBURGH] The yen fell against all 16 of its major peers yesterday as speculation that the Federal Reserve doesn’t consider the recovery strong enough to start removing stimulus dampened demand for the relative safety of Japan’s currency. The Dollar Index halted a
      Bloomberg; PHOTO: BLOOMBERG  -  463 words
    • Article
      Lock icon RISES
      111 8 BY CENTS CLOSE UP IS S&P500 ***** 333.6 1.7 JMH 5880 228.3 3.2 DBXT FTVietnam 10US$ 2292 164.9 6.0 DBXT FTChina25 10US$ 2527 135.7 4.4 DBXT MSKorea 10US$ 5162 135.7 2.1 DBXT MSAsExJp 10US$ 3050 130.7 3.5 GLD 10US$ ***** 76.1 0.5 DBXT AUD Bonds 5AU$ ***** 67.3 0.3
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    • Article
      Lock icon FALLS
      127 8 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 3044 -92.6 -2.3 DBS Bk 4.7% NCPS 100 ***** -50.0 -0.5 DBXT MSWorld 10US$ 368 -19.0 -3.9 Keppel Corp 1036 -18.0 -1.7 DBS Grp 1550 -16.0 -1.0 CityDev 1051 -13.0 -1.2 ISDN Hldgs 121.5 -13.0 -9.7 IS ASIA BND 100S$D 1251
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
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      Lock icon Page 9 Advertisements Column 1
      235 9 Gold is dipping near $1200. Trade Gold/Bullion on your iPhone with POEMS Mobile! 1 Are the bears out to hunt for Gold? L Find out from Phillip Futures. Key Price Drivers for Gold: Holdings and sales by World Gold Council, International Monetary Fund and Central Banks Strength of the US
      235 words
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      Lock icon Page 9 Advertisements Column 2
      168 9 1 million passengers. 1 amazing year. 1 great partnership. sats Regular Scheduled Flights As Scoot celebrates its 1st birthday and 1,000,000th passenger, SATS is proud to be your partner in this incredible journey. Together, we continue to serve up success in the unveiling of the newly enhanced ln-Flight>Food Beverage section
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      264 10 STCARS IS NOW ON IPAD You won't miss a turn with STCars at your fingertips! LATEST ADDITION TO OUR STCARS MOBILE FAMILY! All > New Carj Found Audi 87 Sportbaok 4.0 Audi no GT Spyder 5.2 FSI n fir- y, 'Sa--ctu I OPC 2.0 Turbo (M) Audi R8 Spyder 5.2
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  • SINGAPORE NEWS
    • SINGAPORE ROUNDUP
      • Article
        Lock icon PUB signs MOU on water management
        62 11 NATIONAL water agency PUB has signed a Memorandum of Understanding with the US Environmental Protection Agency to collaborate on sustainable management of water resources. The two organisations will work together in research into this area, particularly in the areas of safe drinking water, the
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      • Article
        Lock icon New CPF Board chairman named
        77 11 FROM Monday, Ministry of Defence permanent secretary Chiang Chie Foo will succeed Koh Yong Guan as chairman of the Central Provident Fund Board. Mr Chiang has also held leadership positions in the Ministry of Home Affairs, Ministry of Education and the Prime Minister’s Office. The
        77 words
      • Article
        Lock icon Appointment of new members to SLA
        88 11 MINISTER for Law K Shanmugam has appointed four new members to the Singapore Land Authority (SLA). They are: Global Logistic Properties Ltd non-executive director Tham Kui Seng; RSP Architects Planners Engineers Pte Ltd managing director Lai Huen Poh; MediaCorp Press managing director and Today
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      • Article
        Lock icon Rosalynn Tay is CEO of Dentsu Singapore
        64 11 FROM Monday, Rosalynn Tay will succeed Anthony Kang as chief executive officer of Dentsu Singapore. Bringing more than 23 years of experience in industries across Asia and Europe, she will drive the strategic development of Dentsu Singapore. Mr Kang, also president of Dentsu
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    • Article, Illustration
      Lock icon Qingjian Realty wants to become a ‘local brand’
      613 11  -  Chinese developer focusing on mass market residential projects in S’pore By MINDY TAN WHILE its parent company is known for landmark buildings including the 2008 Olympic Sailing Centre and Liuting International Airport in China, Singa-pore-based Qingjian Realty is focusing on mass market
      PHOTO: ARTHUR LEE  -  613 words
    • Article, Illustration
      Lock icon E&Y art show features S’pore artist
      285 11 SINGAPORE artist Ron Wong will be the featured artist for the latest Ernst Young Asean Art Outreach programme. Ms Wong, who is trained in Shanghai, is known for her caricature paintings that express her thoughts on daily experiences and encounters and carry her signature
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    • Article
      Lock icon Game developer startup gets $839,000 boost
      469 11  -  By ANNABETH LEOW LOCAL mobile game developer Daylight Studios, not quite two years old, has received an $839,000 shot in the arm to take its game offerings beyond Singapore. It says it will also use the cash infusion to make the leap from designing
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    • Article, Illustration
      Lock icon Analysts see buzz over Havelock Rd hotel site
      473 11  -  URA releases sale conditions for the land parcel of three conserved buildings By ONG CHOR HAO A LAND parcel on Havelock Road zoned for hotel development could attract healthy demand if it is triggered for sale, analysts have said. The Urban Redevelopment
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      89 11 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 STOCK Pay attention to pii| health-. UN urges Malaysians amol top workaholics SINGAPORE
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Malaysia’s FDI inflow trend still positive: UNCTAD
      529 12 M’sia is 11th among top 20 economies with highest FDI profitability: report [KUALA LUMPUR] The inflow of foreign investments (FDIs) into Malaysia is still resilient for 2013 although the global scenario remains fraught with significant risks, says a United Nations report. United Nations
      529 words
    • Article
      Lock icon Jakarta restarts two-line monorail project
      331 12 Bloomberg [JAKARTA] Jakarta Governor Joko Widodo signed an eight trillion rupiah (S$1 billion) contract to restart a monorail project after a five-year hiatus, aiming to reduce traffic jams in the capital of South-east Asia’s biggest economy. Jakarta awarded the contract to PT Jakarta Monorail, which
      Bloomberg  -  331 words
    • Article, Illustration
      Lock icon KL still studying impact of GST on public: minister
      512 12  -  Moody’s keeps debt rating of M’sia at A3 with stable outlook By S JAYASANKARAN in Kuala Lumpur THE Malaysian government has yet to decide on the implementation of a goods and services tax (GST), saying it is still studying the matter.
      PHOTO: BLOOMBERG  -  512 words
    • Article, Illustration
      Lock icon Minister must answer charge of assaulting businessman: KL court
      557 12  -  By PAULINE NG in Kuala Lumpur MALAYSIA’S Home Minister Ahmad Zahid Hamidi will have to answer an assault charge filed against him by a businessman, with the Federal Court yesterday dismissing his application to strike out the suit. Yesterday, opposition Member
      557 words
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      1919 12 m WAT3 NOTICES i THE HOURGLASS THE HOURGLASS LIMITED (Incorporated in the Republic of Singapore) (Co. Reg. No. *****1972D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 34th Annual General Meeting of the Company will be held at Grand Park Orchard, Orchard Room, Level 4, 270 Orchard
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  • MANAGING INNOVATION
    • Article, Illustration
      Lock icon A key partner in business
      629 13  -  A more complex business landscape means that finance professionals must move from being guardians of risk to advocates for innovation. By KAN KWOK LEONG ByKAN KAN KWOK LEONG DRIVEN by a fast changing business environment, accountants are now taking on a bigger strategic role within
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    • Article
      Lock icon The link between finance and innovation
      603 13 A NEW study reveals how finance professionals at some of the world's biggest companies are helping to drive new advancements. Managing Innovation: Harnessing the power of finance is a Chartered Global Management Accountant (CGMA) report based on interviews with global finance leaders at companies
      603 words
    • Article
      Lock icon A bigger role to play
      143 13 THE Chartered Institute of Management Accountants (CIMA) conducted a series of roundtables in various cities with senior finance executives to discuss the finance profession’s move towards playing a bigger strategic role. Penny McLoughlin, CIMA’s executive director, shared some reactions of the participants at the roundtable
      143 words
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      81 13 Change starts at the top: a chief executive officer must set the vision, but a chief financial officer has a vital role in setting the framework in which innovation can thrive. CGMA Chartered Global Management Accountant Powered by AICPA) cimA Chartered Global Management Accountant (CGMA) is a designation powered by
      81 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon N Korea tops agenda of Seoul-Beijing summit
      626 14 South Korean leader arrives in Chinese capital, wants to rein in Pyongyang AFP [BEIJING] The president of South Korea arrived in Beijing yesterday for summit talks which will be dominated by Pyongyang’s nuclear programme, as Seoul seeks to push China to do more
      AFP  -  626 words
    • Article
      Lock icon China slaps duty of up to 37% on EU chemical
      250 14 Reuters [BEIJING] China will impose from today anti-dump-ing duties of up to 37 per cent on a chemical imported from the European Union, the commerce ministry said, the latest move in a string of disputes that could fuel rising tension
      Reuters  -  250 words
    • Article
      Lock icon Indian current account deficit shrinks in Q1, rupee recovers
      377 14 AFP [MUMBAI] India’s current account deficit narrowed to 3.6 per cent in the first quarter of 2013, data showed yesterday, helping to reverse a dramatic slide in the rupee to historic lows. The better-than-expected figures eased pressure on the currency, which
      AFP  -  377 words
    • Article
      Lock icon Steel Authority faces cost burden on higher Indian iron ore tax
      751 14 Bloomberg [NEW DELHI] Steel Authority of India Ltd (SAIL), besieged by falling demand and prices, is bracing for a further erosion in earnings after a government panel recommended an increase in royalty fees for iron ore, a key raw
      Bloomberg  -  751 words
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      665 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF INZIO INVESTMENTS PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****4156K) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of Inzio Investments Pte Ltd duly convened and held on the 21st day of June 2013,
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      1922 14 [SAT a 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 ECTU.COM PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****7266D NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of ECTU.COM PTE LTD deemed
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      200 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MDS LIFE SCIENCES (SINGAPORE) PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****6145D NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50, that a Final Meeting of the Members of
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  • WORLD
    • Article, Illustration
      Lock icon Gradual unwinding won’t hurt world economy: IMF
      802 15 Emerging markets stronger; capital controls an option for protection WP [WASHINGTON] The world economy can weather the Federal Reserve’s tightening of monetary policy without major problems as long as it is “gradual” and “properly announced”, International Monetary Fund managing director Christine Lagarde said
      WP; PHOTO: REUTERS  -  802 words
    • Article
      Lock icon Seoul ups growth forecast to 2.7% from 2.3%
      547 15 America’s unwinding of stimulus seen in step with improving growth Reuters [SEJONG] South Korea yesterday raised its growth forecast for the year, reflecting confidence that the trade-dependent economy will continue recovering despite broader concerns about the US Federal Reserve’s plans to trim
      Reuters  -  547 words
    • Article
      Lock icon UK Crown Estate has a record profit year
      256 15 Reuters [LONDON] Britain’s Crown Estate owned by Queen Elizabeth said yesterday that it made a record profit in the year ended March, thanks to the strong performance of its central London properties. Crown Estate’s 5.2 per cent rise in profits to £252.6
      Reuters  -  256 words
    • Article
      Lock icon EU summit grapples with severe youth unemployment
      555 16 Expected measures include hastening project funds disbursement AFP [BRUSSELS] European Union leaders began a twoday summit yesterday, aiming to put the worst of the eurozone crisis behind them with an action plan to tackle youth unemployment now hitting one out of four European
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    • Article
      Lock icon Confidence in eurozone rising
      393 16 AFP [BRUSSELS] Businesses and consumers in the eurozone turned sharply more optimistic in June about their economic prospects, an EU survey showed yesterday. Amid a high level of uncertainty in Europe and on global markets about the direction of bond market interest rates, growth and unemployment,
      AFP  -  393 words
    • Article
      Lock icon Britain to boost road and rail infrastructure
      339 16 £28b to improve roads; £30b in rail investments Reuters [LONDON] Britain’s government yesterday promised to upgrade roads and carry out what it said was the biggest rail investment in more than 100 years as part of its strategy to get the economy growing
      Reuters  -  339 words
    • Article
      Lock icon IASB aiming for only material info in annual reports
      265 16 Reu ters [LONDON] A global accounting standard setter has pledged a bonfire of the boilerplates to rid company annual reports of unnecessary disclosures that it said confuse investors. Hans Hoogervorst, chairman of the International Accounting Standards Board (IASB), said that book
      Reuters  -  265 words
    • Article, Illustration
      Lock icon Ikea billionaire founder returns to Sweden
      458 16 He left his homeland 40 years ago to avoid high tax rates Bloomberg [LONDON] Ikea billionaire Ingvar Kamprad, Europe’s richest person, said that he will move back to Sweden, a country that he fled four decades ago to avoid high tax rates. Mr Kamprad’s
      Bloomberg; AFP FILE PHOTO  -  458 words
    • Article
      Lock icon Rudd seen having learnt lessons of failed government
      718 17 Opposition steps up attack on resurrected PM with TV ad in run-up to elections Reuters [CANBERRA] Like Japan’s Shinzo Abe, Australia’s resurrected prime minister, Kevin Rudd, is believed to have learnt the hard lessons of a failed first government and can be
      Reuters  -  718 words
    • Article, Illustration
      Lock icon New rules for bank bailouts in Europe
      949 18 Shareholders and creditors to take significant losses when banks fail NYT [BRUSSELS] European Union finance ministers agreed early yesterday on a plan that would require shareholders and creditors to take significant losses when banks collapse. Instead of putting those losses on states, and
      NYT  -  949 words
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      319 15 work S $40q f *h °Ose A Y WHICH DIRECTION SHOULD MY PROPERTY FACE? S S6 00 ho u se s Ss 'OOo s ©s SSj 3oo 00 o'A Q.e CP o° *0 ep If this is among your concerns when buying a property, STProperty has the right tools for
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      1022 16 <*• [4SATS3 NOTICES XMH XMH HOLDINGS LTD. (Incorporated in the Republic of Singapore) Company Registration Number *****0562M NOTICE OF EXTRAORDINARY GENERAL MEETING All capitalised terms in this Notice and defined in the Circular shall, unless otherwise defined in this Notice, bear the respective meanings ascribed thereto in the Circular. NOTICE
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      26 16 m cMwr.2 LIGHTNING STRIKES CATCH THE ALL NEW NISSAN HOT FM91.3 THUNDER TRUCK TUNE IN TO HOT FM91.3 FOR MORE INFO WWW.HDTFM.SG I FACEBOOK.COM/HOTFMSG -3* HOTFMSG
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      3760 17 AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices (Constituted in the Republic of Singapore pursuant to a Trust Deed dated 5 July 2004 (as amended)) NOTICE OF ANNUAL GENERAL MEETING Mapletree Logistics Trust’s Annual General Meeting at 10.00 a.m. on 16 July 2013 (Tuesday), at 10 Pasir Panjang Road, Mapletree
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      1263 18 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Financial statements for the year ended 31 December 2012 Balance sheet at 31 December 2012 In thousands of euros, at 31 December 2012 2011 ASSETS Cash and amounts due from central banks and post office banks 613,112 689,073 Treasury bills and money-market instruments 11,942,894
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      1260 18 RIVERSTONE HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****0666D) NOTICE OF EXPIRY OF WARRANTS TO: ALL HOLDERS OF THE WARRANTS TO SUBSCRIBE FOR NEW ORDINARY SHARES IN RIVERSTONE HOLDINGS LIMITED (THE “COMPANY”) THIS NOTICE IS IMPORTANT WHICH REQUIRES YOUR IMMEDIATE ATTENTION If you are in doubt
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      186 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FORMWELL HOLDINGS PTE LTD Company Regn No *****2475K (In Members’ Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final General Meeting of the members of the
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      1584 19 NOTICES NOTICE OF INTENDED DIVIDEND Name of Company Address of registered office Court Number of Matter Last day of receiving proofs Name of liquidators Address of liquidators Progen Engineering Pte Ltd (In Liquidation) Reg. No.*****5861N 12 Woodlands Loop Singapore *****3 High Court of the Republic of Singapore Companies Winding Up
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      3205 19 Global Logistic Properties GLOBAL LOGISTIC PROPERTIES LIMITED Company Registration No: *****5832Z (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of GLOBAL LOGISTIC PROPERTIES LIMITED (the "Company") will be held at Concorde Ballroom, Level 3, Concorde Hotel Singapore, 100 Orchard Road, Singapore
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon US pivot: Look beyond defence and diplomacy
      999 20  -  Its pivot to Asia should have greater business, cultural and educational dimension By CURTIS S CHIN The writer is a senior fellow and executive-in-residence at the Asian Institute of Technology, and a managing director with advisory firm RiverPeak Group, LLC. He served as
      PHOTO: AFP  -  999 words
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      Lock icon Cheap money limits shatter economic consensus
      812 20  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group WE are now discovering the limits of cheap money. For more than four years, central banks around the world led by the Federal Reserve have aggressively pumped money into their economies to stimulate faster
      The Washington Post Writers Group  -  812 words
    • Article
      Lock icon Can Modi deliver for India?
      521 20 EDITORIAL AS India starts to gear up for its general election due early next year, the move by the main opposition party, the Bharatiya Janata Party (BJP), to anoint controversial politician Narendra Modi as its election chief a euphemism for prime minister aspirant has generated
      521 words
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      Lock icon Promoting a Singaporean ‘kaizen’
      1158 21  -  There are ways that local companies can help the Republic maintain its economic excellence in the years to come By MARK ESPOSITO, TERENCE TSE The writers are visiting professors at Aalto Executive Education IT ALL started as a rather playful question, and one we are constantly
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      Lock icon Bubble or roller coaster in world stock markets?
      811 21  -  By PETER CB PHILLIPS JUN YU Peter CB Phillips is Sterling Professor of Economics at Yale University and Keppel Professor of Economics at Singapore Management University Jun Yu is Professor of Economics and Professor of Finance at Singapore Management University LOW interest
      811 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Agents who go the extra nautical mile
      898 22 Imagine going sailing, kayaking or hang gliding with the guy who helped you buy an apartment NYT [NEW YORK] When Dan Critchett, a real estate agent, meets a buyer at an open house, a potential client he hopes to woo, he shakes the
      NYT; PHOTO: NYT  -  898 words
    • Article
      Lock icon Taipei retail rents to rise as much as 15%: C&W
      386 24 Bloom berg [HONG KONG] Prime shop rents in Taipei may grow as much as 15 per cent in the next two years on expansion by global retailers seeking to tap an increase in mainland Chinese tourists, according to Cushman Wakefield
      Bloomberg  -  386 words
    • Article
      Lock icon Far East sells most of Tuas industrial units
      287 24  -  63 out of 72 units at Westcom sold as industrial demand remains strong By MINDY TAN [SINGAPORE] Far East Organization’s industrial development, The Westcom, saw 63 of its 72 units released snapped up. Prices for the 42-year leasehold development starts from $1.148
      287 words
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      546 22 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements i 1 i 1 i 1 i 1 i WAT-3 D10 HOUSE FOR SALE BELMONT ROAD Good Class Bungalow *****/***** sf. Open Daily for viewing by appt. Spacious 5 3 pte art galley ballet dancing hall. Jeffrey Sim 9815 8318 DTZ D11
      546 words
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      119 22 D28 HOUSE FOR SALE JALAN KECHUBONG At Gerald Drive 2 storey Brand new Semi-D 2800 3000 sqft. 999 years. Near Greenwich V. $3.5M! D28 HOUSE FOR SALE LORONG TANGGAM 2pm Sun. 82 Lor Tanggam. 2-storey Semi-d. Beautiful landscape. Spacious. Quiet Face SE. 4200 sqft. 6 pool. Park 3 cars. 9101
      119 words
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      1009 23 D10 APARTMENT FOR SALE ONE BALMORAL F’hold. Prestigious address. 1 rm fr $1.5Xm. Mins to Orchard/1km to ACS/ SCGS. Amy *****368 ERA D10 APARTMENT FOR SALE ONE BALMORAL VIP Launch! 91 Exclusive units. 1-4 rooms. Good layout. FH. Pte lift. Near Orchard/ RGS. Fr $1.5xm only! Good investment! Call for
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      153 23 D19 HOUSE FOR RENT RAGLAN GROVE Beautiful Bunglw in S’goon Gdns (Near American, French and Australian Schs) Excellent condition amenities. 3 storey, 6+1 rms bath Call *****128 D28 HOUSE FOR RENT CABANA Immediate New Exclusive Cluster house. Aircon. 3+Utility. Facilities. Furnish negotiable. Free shuttle to MRTs. D05 APARTMENT FOR RENT
      153 words
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      634 24 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D11 21 APARTMENT FOR RENT NINETEEN SHELFORD ROAD 2-storey Penthouse with Terrace. 3-bedroom. F/furn. Immed. Near Nanyang/ Raffles Girl’s Pri. D15 APARTMENT FOR RENT AALTO 3+1, 1550 sqft. #24. Sea/ MBS/ city view. Designer unit. Fully furnished. Practial layout. Mital 9857-6737 D15
      634 words
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      262 24 FOREIGN PROPERTY FOR SALE BUNGALOW IN MALAYSIA Why pay $1200psf for 99 yrs condo? Freehold RM450psf. Iskandar 6bdrms Bungalow. RM3.68M. 8 mins to Singapore. Clifford Yap 8299 3888 JLL FOREIGN PROPERTY FOR SALE JOHOR BAHRU IN MALAYSIA Free tour of Johor factories, shophses, condos. Call 9668 3888 sqmyproperties@gmail.com FOREIGN PROPERTY
      262 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Qantas probes prison headset claim
      365 25  -  Supplier suspended; China prison workers were beaten for missing targets, report alleges By JOYCE HOOI [SINGAPORE] A startled Qantas has suspended the sourcing of its headsets, following allegations that these headsets were made by prisoners in China who were beaten and tasered for missing production
      365 words
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      Lock icon May passenger traffic at Changi up 4.7%
      344 25  -  By NISHA RAMCHANDANI PASSENGER numbers grew year-on-year at Changi Airport in May even as cargo continued to slump. Some 4.28 million passengers passed through Changi’s doors for the month, up 4.7 per cent from May 2012, while commercial flight movements rose 5.4 per
      FILE PHOTO  -  344 words
    • Article, Illustration
      Lock icon Manila mulls military bases in Subic
      968 25 Reuters [MANILA] The Philippine military has revived plans to build new air and naval bases at Subic Bay, a former US naval base that American forces could use to counter China’s creeping presence in the disputed South China Sea, senior navy officials said. The
      Reuters; PHOTO: AFP  -  968 words
    • Article
      Lock icon Japan, S Korea builders to introduce LNG-powered ships
      533 25 Bloomberg [TOKYO] Japan and South Korea, the world’s largest shipbuilding nations behind China, are betting on liquefied natural gas (LNG) as a marine fuel to help cut the cost of transporting everything from containers to crude. J a p a n Heavy
      Bloomberg  -  533 words
    • Article
      Lock icon TRANSPORT STOCKS
      229 25 SGX '000 June 27 S$ +/-Vol CH Offshore 0.42 -0.01 94 Chuan Hup Hldg 0.25 unch 1 Cosco Corp 0.75 0.01 536 S$ First Ship Lea Freight Links Grand Banks............unch unch 0 Jaya Hold Ltd 0 25 K1Ventures 0.17 unch 210 Keppel Corp 10.36 -0.18 4685 Mercator Lines
      229 words
    • Article
      Lock icon Emirates to fund A380 buys with US$630m in EETCs
      304 25 Reuters [DUBAI] Dubai’s Emirates airline plans to lease new Airbus A380 superjumbo aircraft from a finance company that will issue US$630 million of bond-type certificates to fund the purchase of the planes. Emirates, one of the world’s fastest-growing airlines, has been
      Reuters  -  304 words
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      59 25 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY BUILDING BOOM New real estate regulations in India and what it means to you X vj W K i 1 •> 9 i vr 1 i 0 I I 0 ML.fl Translation app in the making: Speak in Hindi, listen in Tamil GET
      59 words
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  • Article
    Lock icon SHIPPING TIMES
    2715 26 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination STXPO TBN Camden/New
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      137 27 Importers looking for Warehouse Can they find your services here in the Shipping Times? the business times TO ADVERTISE, CALL JOE WONG AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? The Business Times TO ADVERTISE, CALL JOE WONG AT
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      0 27 &;)?]>{^-|,+~`[%}=|/\,<|$@;;"_|
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3293 28 Transaction date: Jun 27 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 8.8 3 A-Sonic --AAT Day Last Quote Div Gr Yld Net 10.4 7 AEM High 188 106 AIMSAMPIReit 160
      3,293 words
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      Lock icon SGX CATALIST
      219 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 2.4 1.3 t Advanced System 1.4 unch 450 1.4 1.4 1.4 1.5 22.3 Div Gr Yld Net M Cap High Low
      219 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11138 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)!** 1.06/ Aberdeen Asset Mgt Asia Limited American Opp ....0.8597/ Global Emerging Markets!** EM local Ccy Bond ...*****/ European Opportunities!" 1.1474/ Global Emerging Markets!” Global Opportunities/” 1
      11,138 words
    • Article
      Lock icon GLOBALQUOTE
      245 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 $mil Company 52 31 Genting HK US$ US43 +1.5 ***** 43.5 42 43 43.5 2831.3 Sale 260 191 TanChongInt HK218 220 240 4.3 3.2 7.3 4390.3 DISCLAIMER: All
      245 words
    • Article
      Lock icon SGX ETF
      912 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 127.7 129.1 130 114.4 99 CIMB APAC Div 100US$ US99.2 101.5 102.2 10.4
      912 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      640 30 Jun 27 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.72 *****.55 *****.50 Sep13 *****.00 *****.00 *****.00 *****.00 *****1 *****5 Dec13 *****.00 *****.00 *****.00 *****.00 7 ***** MSCI TAIWAN INDEX FUTURES SPOT 277.93 281.12 277.93 Jun13 276.50 280.40 276.00 280.38 *****3 ***** Jul13 270.20
      640 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 30 In local curr In S$ In US$ dy yr dy yr dy yr Jun 26 Index Change Change Change Change Change Change World Preliminary 1023.2 0.8 9.1 1.0 10.7 0.7 6.3 EAFE Preliminary 828.2 1.1 6.9 1.2 5.3 0.9 1.2 Europe Preliminary 1184.4 1.6 3.2
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 30 Jun 27 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.972 5.726 0.714 7.224 56.085 92.473 0.914 10.711 2.962 1.189 92.119 40.435 1.182 9.359 0.878 27.953 29.022 0.607 0.931 Canada 1.029 5.891
      471 words
    • Article
      Lock icon CHICAGO BOT
      109 30 Jun 26 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 13 1534.25 1525.25 1535.00 1516.50 Aug 13 1425.25 1429.25 1432.25 1420.25 Sep 13 1317.00 1323.50 1322.75 1313.00 Nov 13 1276.00 1278.50 1279.00 1267.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 13
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 30 CRUDE OIL PRODUCTS Jun 26 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 100.88 -1.01 WTI (Near Mth) 95.54 0.27 Dubai (1-Mth F) 98.35 -0.44 Tapis blend 105.40 -0.33 Minas 101.45 -0.73 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 92.92 0.23 Jet Kerosene 115.95 -0.09 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 30 Jun 27 S$ Bid Offer 1-month 1.2683 1.2692 2-months 1.2683 1.2693 3-months 1.2684 1.2694 6-months 1.2684 1.2696 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      65 30 Jun-26 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1725.75 1738.75 3 months 1771.00 1784.00 Copper, Grade A(US$/tonne) Cash 6704.50 6763.00 3 months 6735.00 6795.00 Lead(US$/tonne) Cash 2021.00 2045.25 3 months 2031.00 2055.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
      65 words
    • Article
      Lock icon SIBOR
      68 30 Jun 27 (US$) (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 12 mths 12 mths SWAP Mid
      68 words
    • Article
      Lock icon PRECIOUS METALS
      138 30 Jun 27 GOLD(US$/oz) Jun 27 Jun 26 Hong Kong 1253.00 1245.00 Jun 26 Jun 25 London 1234.10 1274.76 1234.85 1275.53 Source: Thomson Reuters CAST BAR Jun 27 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 114 51 5gm 324 253 10gm 578 506
      138 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      92 30 Jun 27 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 19-Sep-13 0.27 6-Month BS*****X 27-Dec-13 0.3 1-Year BY*****H 02-May-14 0.29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 99.97 100.03 99.98 5-Year N*****0T 0.5
      92 words
    • Article
      Lock icon PALM OIL
      58 30 Jun 27 Jun KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 13 2359.0 2348.0 2359.0 2343.0 725 1753 Aug 13 2376.0 2359.0 2378.0 2352.0 3980 ***** Sep 13 2372.0 2355.0 2374.0 2347.0 ***** ***** Oct 13 2368.0
      58 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 30 Jun 27 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1809 1.1823 0.9310 0.9315 Canadian dollar 1.2149 1.2162 0.9582 0.9579 Euro 1.6534 1.6548 1.3035 1.3038 NZ dollar 0.9929 0.9942 0.7828 0.7833 Sterling pound 1.9441 1.9459 1.5327 1.5332
      155 words
    • Article
      Lock icon LIFFE
      95 30 Jun 26 COCOA (£/tonne) Close Prev High Low Jul 13 1441 1428 1454 1421 Sep 13 1454 1438 1465 1431 Dec 13 1464 1446 1472 1439 Mar 14 1465 1449 1473 1442 COFFEE(US$/tonne) Close Prev High Low Jul 13 1707 1732 1748 1705 Sep 13 1725 1749 1766 1722
      95 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1181 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 0.4 1 146 827 39.50 11 Conv Albedo Limited W*****9 Exer AlliedTech W*****2 Prem Ascendas Reit.ES.1306 Ascendas Reit.ES.1307 Gear- Mths Asiatravel.com HoldingsW*****7 1 1 25 13 Asiatravel.com HoldingsW*****5
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 30 As at 9am Jun 27 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.208 1.151 Can dollar 1.238 1.191 Euro 1.694 1.614 Sterling pound 1.986 1.910 NZ dollar 1.014 0.975 US dollar 1.298 1.237 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      157 30 Jun 27 $S Offer Bid 0vernight 0.05 0.02 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ 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 0.55 0.35 9 months 0.70 0.50 12
      157 words
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      87 31 hHm> M listeners May 2013 Making kiss92 the No.3 English radio station in Singapore mfiOb **listeners Oct 2012 Ia.u KxJn Sep 2012 4 months to birth a baby. from 0 to 419,000 listeners. Thank you for allowing us to dream big and reach new heights. KISS92 FM All the great
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  • WINE/PURSUITS
    • Around Town
      • Article
        Lock icon Design
        183 32 Essential Eames: A Herman Miller Exhibition: Charles and Ray Eames were known as the first couple of design, and fans can learn more about they have changed the way people sit, at Essential Eames: A Herman Miller Exhibition. The exhibition, spread over eight galleries, features not only their furniture,
        183 words
      • Article, Illustration
        Lock icon Theatre
        204 32 Cook A Pot Of Curry: One of Singapore’s most popular playwright, Alfian Sa’at, tackles the hot-button issue of immigration in Cook A Pot Of Curry, which tackles the hot-button issue of foreigners. Its title is taken directly from the silent nationwide protest event that took place in August 2011
        204 words
      • Article
        Lock icon Art
        53 32 Kris Soguilon’s The Pageantry: Filipino artist Soguilon paints humorous scenes of everyday life on his canvases. The works are often richly detailed and celebrate the elaborate experience of social interactions. The exhibition is on at Utterly Art, 20B Mosque Street (Level 3), Singapore *****0. By appointments only. Call on
        53 words
      • Article
        Lock icon Food
        135 32 Pollen’s First Anniversary: To fete its first anniversary, modern Mediterranean restaurant Pollen will serve up a limited edition Anniversary Tasting Menu for the whole of July. Drawing inspiration from the restaurant’s Flower Dome setting, Miche-lin-starred British chef Jason Atherton and his kitchen team at Pollen have crafted a garden-in-spired
        135 words
      • Article
        Lock icon Music
        77 32 Baybeats 2013: Catch the best unsigned bands from here and around the region as the annual Baybeats music festival returns this weekend.The free and unticketed multi-genre music festival is the biggest of its kind and has been growing from strength to strength. It attracted 85,000 punters last year so
        77 words
    • Article, Illustration
      Lock icon A side-lined Grand Cru
      1067 32  -  YONGfinds out more about the Romanee-Saint-Vivant at a recent wine dinner NK YONG IF I were to nominate a Burgundy Grand Cru which reminds me of that teaser, “Now you see it, now you don't”, it would be Roma-nee-Saint-Vivant. A Grand Cru seldom heard and even
      1,067 words
    • Article, Illustration
      Lock icon Chocolate Factory – too much toying about
      1163 32 Chocolate Factory too much toying about NYT [LONDON] For a show that celebrates fantasy, “Charlie and the Chocolate Factory” doesn’t put much trust in its audience’s imagination. This blindingly flashy new musical, which opened this week at the Theatre Royal, Drury Lane, is as jammed with games and gadgets as
      NYT  -  1,163 words
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      23 32 After Hours JULY 26, 2013 (FRIDAY) UNWIND ON A FRIDAY NIGHT WITH THE LUXURIOUS ALL-NEW HONDA ACCORD! SIGN UP NOW AT WWW.TORQUE.COM.SG/EVENTS SPHmagazines
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  • ARTS
    • Article, Illustration
      Lock icon Arab art rich with political irony
      1058 33  -  Singapore’s first major Arab art exhibition features humorous works, but there are serious statements behind them, writes HELMI YUSOF writes HELMI YUSOF AN aura of political mischief pervades Singapore Art Museum’s new exhibition Terms Conditions, which features 16 provocative works by contemporary Arab artists.
      1,058 words
    • Article, Illustration
      Lock icon Spotlight on Picasso as printmaker
      890 33  -  By CHEAH UI-HOON ANYONE with the most cursory knowledge of Pablo Picasso would know him as a painter. The latest exhibition at the Singapore Tyler Print Institute casts the light onto Picasso the prolific printmaker. “Picasso's prints form a world unto themselves,” declares Tatyana Franck,
      890 words
    • Article, Illustration
      Lock icon Tai tais unzipped
      633 33  -  By HELMI YUSOF TO summon the words of The Great Gatsby’s author F Scott Fitzgerald, “the very rich... are different from you and me”. And while it remains to be seen how Michael Chiang’s upcoming comedy about tai tais titled High Class will illuminate those differences, his
      PHOTO: MOHD TAUFIK A KADER/BERITA HARIAN  -  633 words
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  • MUSIC
    • Article, Illustration
      Lock icon Local muso hits it off with rock veterans
      648 34  -  The trio is going places as Bored Spies. DYLAN TAN finds out how the unusual partnership makes music DYLAN TAN SINGAPORE was meant to be a pit stop in the brief reunion tour of seminal American post-rockers ***** Magnet last April. Instead,
      648 words
    • Article, Illustration
      Lock icon Philharmonic Winds’ challenging showcase
      626 34  -  By NATALIE KOH TIMOTHY Reynish may be leading the Philharmonic Winds in a top international music contest, but he doesn’t believe in competitions. “Music shouldn't be like the Olympics, where you judge who can play the fastest or best or anything like that,” says the principal
      626 words
    • Article, Illustration
      Lock icon Hit-makers bank on tradition in new releases
      582 34  -  CD REVIEWS By DYLAN TAN Black Sabbath 13 Rating: B+ Many consider the number 13 to be unlucky but it's definitely an auspicious one for Black Sabbath. It's the title of the heavy metal gods' first studio album with Ozzy Osbourne in 35
      582 words
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  • CINEMA
    • Article, Illustration
      Lock icon White House Down lacks substance
      632 35  -  This blockbuster looks like a ‘Die Hard’ clone with lots of mindless action but little original content, saysGEOFFREY GEOFFREY EU THE silly summer blockbuster season continues unabated with White House Down, this week's big-budget addition to the ac-tion-hero genre and the perfect movie to cement
      632 words
    • Article, Illustration
      Lock icon No firepower in star-studded action-comedy
      465 35  -  By DYLAN TAN IT’S a surprise that Wong Jing's name is nowhere to be found on Badges of Fury given that it's just the sort of chop-socky action-come-dy one expects from the King of Trashy Hong Kong Cinema. But first-time director Wong Zi Ming must
      465 words
    • Article, Illustration
      Lock icon No sizzle in The Heat despite two heavyweights
      494 35  -  By GEOFFREY EU THE Heat provides a high-profile platform for a mismatched pair to generate laughs and lay the groundwork for a potential movie franchise. Instead, it gives them just enough room to trip over each other, proving in the process that
      494 words
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      26 35 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. wata NOTICES
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  • Page 35 Miscellaneous
    • Miscellaneous
      Lock icon Page 35 Miscellaneous Column 1
      313 35 CRYPTIC CROSSWORD Across 1 Party near American university site (6) 5 Circus performers in glasses (8) 9 Old retirement place to take care of sheltering our pop finally (4-6) 10 Curses celebrity making comeback (4) 11 Biscuits with bananas (8) 12 Greek character aboard vessel, one at home in the
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  • executive lifestyle
    • Article, Illustration
      Lock icon When old becomes trendy
      1857 36  -  CHEAH UI-HOON reports on the buzz at Masterpiece London while HELMI YUSOF checks out the S’pore market for antiques and fine art UI-HOONreports CHEAH UI-HOONreports HELMI YUSOF THE 17th century miniature portrait of a Lady of the Tudor Court by Nicholas Hilliard hadn't been seen in
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