The Business Times, 12 July 2013

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Microfilm: NL32656
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Friday, July 12, 2013
    25 words
  • Article, Illustration
    Lock icon Japan still on course despite external fears
    649 1  -  BOJ uses the word ‘recover’ to describe economy, something it hasn’t done since 2011 By in ANTHONY ROWLEY in Tokyo JAPAN is on course to achieve its economic growth and inflation targets despite recent turbulence in the government bond market and uncertainty over
    PHOTO: REUTERS  -  649 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,248.92 (+60.88) GST INDEX FUTURES 3,243.00 (+61.00) GSIMSCI 367.28 (+8.54) GSIMSCI FUTURES 366.00 (+8.30) US$ S$ US$ (S$ per US$) 1.264 (US$/S$ per 1.508 1.906 EURO (US$/S$/€ 1.305 1.649 Foreign currency per US$ S$ YEN 99.30 78.50 RM 3.167 2.505 HK$ 7.757 6.137 BAHT 31.09 24.59 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Thursday Change KL COMP 1,781.15 +12.44 NIKKEI 225 14,472.58 +55.98 HANG SENG 21,437.49 +532.93 SET INDEX 1,447.04 +58.63 JAKARTA COMP 4,604.22 +125.58 MANILA COMP 6,407.36 +99.18 SEOUL COMP 1,877.60 +53.44 SHENZHEN B 783.41 +23.36 MUMBAI IND 19,676.06 +381.94 12noon EDT Change DOW 15,436.03 +144.37 NASDAQ 3,563.82 +43.06
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    • Article
      Lock icon PRIME RATES
      20 1 SINGAPORE MALAYSIA MALAYSIA 5.38 6.55 5.00 INDONESIA 13.425 KOREA 5.036 BRITAIN 1.475 KOREA 9.33 BRITAIN 0.50 Source: Bloomberg
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  • Article, Illustration
    Lock icon Iskandar beckons despite skilled-labour shortage
    1064 1  -  Availability of land there offers a competitive advantage over Singapore for some companies By MALMINDERJIT SINGH [SINGAPORE] Companies continue to consider Iskandar Malaysia as an alternative even though a shortage of skilled labour may pose other challenges, including spiralling wages, as the availability of land
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  • Page 1 Advertisements
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      71 1 PROPERTY Lush Acres open for registration tomorrow PAGE 22 COMMENTARY Understand the essence of resilience HOCK LOCK SIEW Regulators should attend analyst briefings PAGE 5 PAGE 21 EXEC LIFESTYLE S’pore’s most valuable artworks PAGES 30 31 BT PROPERTY CLASSIFIEDS BT’s CATS property feature is now available to BTO subscribers. To
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      22 1 Japan commercial property shows signs of revival, Page 13 INSTRUMENTS FOR PROFESSIONALS 71 I l\ 'I *1 "X u# w AVENGER II
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  • Page 3 Advertisements
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      317 3 o V> %^SING> SINGAPORE HUMAN CAPITAL SUMMIT PEOPLE STRATEGIES FOR ASIA FUTURE-PROOriHG YOUR ORGANISATION RESORTS WORLD SENTOSA, SINGAPORE 11 -12 SEPT 2013 ENJOY EARLY BIRD SAVINGS OF S$800 BY REGISTERING BEFORE 31 JULY! L (V i Asia’s premier human capital and leadership conference returns for its sixth year! With a
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  • COMPANY NEWS
    • Article
      Lock icon Courts opens its first M’sian megastore
      266 4  -  By ONG CHOR HAO RETAILER Courts Asia’s first “big-box” megastore in Malaysia, which is expected to contribute to earnings for the current financial year, has opened ahead of its August schedule. The 108,000 square feet Sri Damansara Megastore in Bandar Sri Damansara had its
      266 words
    • Article, Illustration
      Lock icon AusGroup inks $39.4m sale, leaseback deal
      568 4  -  It sells Tuas facilities to Boustead for estimated net gain of $17.3m By LEE MEIXIAN AUSGROUP has signed a sale-and-leaseback deal with Boustead Trustees Pte Ltd to sell the latter its Singapore fabrication facilities at 36 Tuas Road for $39.4 million. “The agreement allows
      568 words
    • Article
      Lock icon HLF ready to sponsor more SMEs on Catalist
      294 4  -  By TEO SI JIA HONG Leong Finance (HLF) is all set to bring more names of small and medium enterprises (SMEs) onto the Catalist board for them to raise funds for growth. “Sustainable long-term business growth has been one of the top
      294 words
    • Article
      Lock icon SNEF to do survey on women in top posts
      315 4  -  By LIVIA YAP IT is well known that women are under-represented on boards and in senior management but the reasons are still unknown. A new survey on gender diversity intends to find out exactly why this phenomenon is still around in
      315 words
    • Article, Illustration
      Lock icon Genting Singapore breaks ground for Jurong hotel
      431 5  -  550-room outfit slated to open in 2015 and become new landmark By MINDY TAN GENTING Singapore yesterday broke ground on what is slated to be the first hotel to open in the Jurong Lake District. Scheduled to open in the first half of
      431 words
    • Article
      Lock icon Mencast Subsea wins two MRO contracts from Keppel
      251 5  -  By JACQUELYN CHEOK MENCAST Subsea, a subsidiary of Mencast Holdings Ltd, has secured two separate contracts for offshore services from Keppel Singmarine Pte Ltd and Keppel Shipyard Ltd. Mencast said yesterday its offshore and engineering division will provide maintenance, repair and overhaul
      251 words
    • Article
      Lock icon Regulators should attend analyst briefings
      603 5  -  HOCK LOCK SIEW By R SIVANITHY ANALYST briefings are interesting affairs from the regulatory standpoint because there’s plenty of scope for material information to be selectively disclosed, information that could then be used by recipients to gain an unfair advantage over others in the market.
      603 words
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      255 4 Never Hit Another The Road STCars is now available on Android, iPad iPhone for FREE! :V8%|i 4 Volkswagen Beetle 1.2 TSI (A) P,ic *168,300 Eng Cap. I.197 cc Power 105/- bhp/ipm 'VP® Hatchback Volkswagen CrossPolo 1.2 TSI (A) Price *159.800 Eng Cap. 1,197 cc Power 10$/- bhp/tpm Volkswagen Eos 2,0
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      179 5 Computational Resource Centre High Performance Computing Technologies in Finances Symposium 15 16 July Genexis Theatre, Fusionopolis High Performance Computing is transforming the financial industry through high frequency trading, real-time pricing of derivatives, and large-scale risk analysis. Large financial firms such as JP Morgan now regularly use specialised computational resources in
      179 words
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      328 5 5Ljb56d seabed-to-surface engineering, construction and services contractor to the offshore energy industry worldwide, has donated over AU$20,000. Offshore construction demands the highest safety standards and behaviours to protect our people and assets. To support a safe working culture, Subsea 7 operate a safety incentive scheme onboard their construction vessel 'Rockwater
      328 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Stocks jump on Bernanke comments
      573 6  -  ST Index surges 1.9% as Hang Seng Index soars 2.6% and Europe indices open over 1% higher STOCKS R SIVANITHY Senior Correspondent STOCK markets yesterday everywhere responded in predictable fashion to reassurances from US Federal Reserve chairman Ben Bernanke that interest rates will remain depressed
      Source: Bloomberg  -  573 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 6 Jul 11 VALUE CLOSE BT OB/OS 534.00 +156.0 BT CADI -*****.00 +218.0 BT 10-day MA -*****.00 +54.0 FTSE ST Mid Cap 763.53 +15.26 FTSE ST Small Cap 574.88 +6.76 FTSE ST All Share 794.49 +14.67 FTSE ST China Top 199.01 +2.57 FTSE ST China 229.27 +2.12 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      56 6 VOLUME Mirach Energy 157,767,000 HanKore 128,998,000 WE Hldgs 78,366,000 IPCO Intl 60,753,000 YHM 58,446,000 Thai Beverage 54,427,000 Oceanus 52,304,000 GSH Corp 47,203,000 Polaris 35,262,000 Innopac 35,248,000 VALUE($) UOB 105,834,800 SingTel 105,016,150 DBS Grp 82,664,420 OCBC Bk 67,462,236 Mirach Energy 61,876,655 CapitaLand 60,018,445 Keppel Corp 56,741,518 GLP 40,614,728
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 0 4 0 0 0 9 0 4 Manufacturing 77 39 30 11 7 7 88 46 37 Commerce 36 9 18 5 0 7 41 9 25 Tpt/Stor/Comms 20 9 10
      186 words
    • BROKERS’ TAKE
      • Article
        Lock icon ComfortDelGro Corp
        178 6 July 11 close: $1.925 Maybank Kim Eng Research, July 11 ACCORDING to a Channel NewsAsia report, commuters will not be able to pay for their cab fares using Visa cards from July 15. Commuters are currently charged an extra 10 per cent administrative fee for the use of
        178 words
      • Article
        Lock icon Ascott Residence Trust
        406 6 July 11 close: $1.325 OCBC Investment Research, July 11 THE unit price of Ascott Residence Trust (ART) has fallen 13.3 per cent since the high of $1.50 on May 22, along with the general market pullback over concerns about an early tapering of the Federal Reserve’s quantitative
        406 words
      • Article
        Lock icon Goodpack
        416 6  -  Compiled by TEH SHI NING July 11 close: $1.515 CIMB Research, July 10 WE raise FY2013 EPS by 2 per cent to adjust for better-than-expected Q4 FY2013 results, but cut FY2014-2015 EPS to reflect high-er-than-expected finance costs and operating expenses. We maintain our “outperform” rating, with a target price
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 30,969 30,969 97,887 97,887 Manufacturing 345,629 94,814 440,443 164,553 10,540 175,092 Commerce 206,869 98,764 305,633 118,538 10,282 128,820 Tpt/Stor/Comms 108,873 44,720 153,593 191,942 16,132 208,074 Finance 59,921 90 60,011 274,531 40 274,571 Construction 116,737 76,027
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      117 6 Stock name Close Change CapMallsAsia 1.925 +0.070 CapitaLand 3.190 +0.120 CapitaMall 2.010 +0.045 CityDev 10.990 +0.140 ComfortDelGro 1.925 +0.015 DBS Grp 16.510 +0.170 GLP 2.880 +0.040 Genting SP 1.365 +0.025 Golden Agri 0.570 +0.010 HK Land 6.760 +0.060 HPH Trust US$ 0.755 +0.005 JMH 59.840 +1.340
      117 words
    • Article, Illustration
      Lock icon US$ falls to 3-week low against euro
      492 6 CURRENCIES Bloomberg [LONDON] The US dollar yesterday dropped to the lowest level in almost three weeks against the euro after Federal Reserve chairman Ben S Bernanke said inflation and unemployment rates show that the economy still requires monetary stimulus. The US currency weakened
      Bloomberg; PHOTO: BLOOMBERG  -  492 words
    • Article
      Lock icon RISES
      110 6 BY CENTS CLOSE UP IS S&P500 ***** 428.3 2.1 GLD 10US$ ***** 381.6 2.5 DBXT MSKorea 10US$ 5348 241.3 3.7 JMH 5984 169.3 2.3 DBXT Nifty 10US$ ***** 152.9 1.2 DBXT S&P500 10US$ 2744 136.5 4.1 DBXT FTChina25 10US$ 2642 123.8 3.9 Jardine C&C 4180 110.0 2.7 IS MSCI
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    • Article
      Lock icon FALLS
      125 6 BY CENTS CLOSE DOWN Lyxor ThaiSET 10US$ ***** -2986 -15.5 DBXT S&P Short 10US$ 2926 -43.0 -1.1 DBXT AUDCS 5AU$ ***** -35.0 -0.1 Lyxor Korea 10US$ 483 -32.9 -5.1 STXPO 100 140 -29.0 -17.2 JSH 3685 -25.3 -0.5 DBXT MS SING 10US$ 127.7 -16.8 -9.4 IS ASIA HYG100S$D 1320
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
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  • COMPANY NEWS
    • Article
      Lock icon Vard let down by two yards in Brazil
      584 7  -  Productivity issues, high start-up costs among reasons cited for Q2 loss By LYNN KAN CHALLENGES at Vard Holdings’ two yards in Brazil have pushed the group into losses attributable to equity-holders of 20 million Norwegian kroner (S$4.15 million) in its second quarter
      584 words
    • Article, Illustration
      Lock icon Ezra bags US$505m worth of projects
      373 7  -  By NISHA RAMCHANDANI OFFSHORE contractor Ezra Holdings’ subsea and offshore support services divisions have landed projects worth some US$505 million, it announced yesterday. These projects are for work in the North Sea, Africa, the Gulf of Mexico and the Asia-Pacific region, said the group,
      373 words
    • Article
      Lock icon Longer wait for new Sing$ issues
      409 7  -  By KENNETH LIM THE new-issue market for Singapore-dollar corporate debt could be closed for two to three more months amid current volatility, but five-year to 10-year Singapore government securities (SGS) could offer bargains on dips with tapering expectations already priced in, said Danny Tan,
      409 words
    • Article
      Lock icon Triyards Q3 net profit halved to US$7.5m
      361 7  -  By LYNN KAN TRIYARDS Holdings’ third quarter net profit tumbled 55 per cent year-on-year to US$7.55 million from US$16.88 million, on the back of reduced revenue recognised on a subsea construction vessel Lewek Constellation. Revenue over the three-month period contracted by 61 per
      361 words
    • Article
      Lock icon ST Aerospace seals deals worth $430m in Q2
      283 7  -  By NISHA RAMCHANDANI ST Aerospace, the aerospace arm of Singapore Technologies Engineering (ST Engineering), has landed contracts totalling some $430 million in the second quarter for services ranging from component and engine maintenance to interior modifications. Among the contract wins were a
      283 words
    • Article
      Lock icon Lereno auditors raise going-concern issue
      284 7  -  ANNABETH LEOW CATALIST-LISTED biofuels company Lereno Bio-Chem’s auditors have drawn attention to a material uncertainty which may cast doubts on its ability to continue as a going concern. The company and its subsidiaries had incurred a net loss of $1.64 million for the financial year
      284 words
    • Article
      Lock icon Oxley unit to buy plot in Cambodia for US$49m
      256 7  -  By MINDY TAN OXLEY Holdings’ land acquisition spree continues. Its associated company is looking to buy a plot in Phnom Penh for US$49.2 million. Oxley-Worldbridge (Cambodia), 49 per cent owned by Oxley, entered into a sale-and-purchase agreement for the acquisition of
      256 words
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      Lock icon Page 7 Advertisements Column 1
      148 7 Study in United Kingdom 2013 2014 Date: Saturday, 13 July 2013 Time: 12pm 5pm Venue: Level 3, Drama Centre, The National Library Building Meet Representatives from UK University of Exeter University of Leeds University of Reading University of Southampton University of Surrey GCE ‘A’ Foundation Diploma Pathway Bellerbys College (Brighton
      148 words
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      288 7 Mi mm- r c EaPC m) Mi amp«as;»# 2013^7^180-200 July 18 to 20, 2013 ili* Sff J D 11 W J£ 'L' ntec Singapore International Convention and Exhibition Centre Overview of the Fair REGISTER TODAY! www.singaporeningboexpo.com Singapore‘China (Ningbo) Import and Export Fair and Singapore*China (Qingdao) Import and Export Fair are
      288 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Asahi Kasei plans to build a third plant outside Japan
      551 8  -  Jurong Island on list of potential sites; China, EU locations are also in the running By RONNIE LIM JAPAN’S Asahi Kasei Chemicals, which yesterday inaugurated the first of its two synthetic rubber plants here, is already looking to build its
      551 words
    • Article, Illustration
      Lock icon Sinopec opens Tuas lubricant plant – its first outside China
      382 8  - Sinopec opens Tuas lubricant plant its first outside China By ANDREA SOH CHINESE oil giant Sinopec yesterday opened a 650 million yuan (S$134 million) lubricant plant in Tuas its first outside China. The plant, which has an initial capacity of 100,000 tonnes a year, will produce lubricant and grease. Its
      382 words
    • Article
      Lock icon Smart taxi operator loses licence
      525 8  -  Meanwhile, SMRT launches another 15 London cabs for the wheelchair-bound By ANNABETH LEOW SINGAPORE’S green Smart taxis will be off the roads after September. The Land Transport Authority (LTA) announced yesterday that it would not renew the taxi operator’s 10-year licence when it expires at
      525 words
    • Article
      Lock icon Over 2,000 jobs at STJobs fair this week
      467 8  -  By ANNABETH LEOW By SINGAPORE companies seem to be on a hiring spree, with more than 2,000 jobs up for grabs at the second STJobs Career Development Fair to be held at the Marina Bay Sands Expo this weekend. Compared to the
      467 words
    • Article
      Lock icon St Regis, Park Regis spat over name goes to Appeals Court
      601 8  -  By GRACE LEONG A BATTLE royale is on between six-star luxury hotel St Regis and the four-star business hotel, Park Regis. The question before the Court of Appeal is whether Park Regis can register its trademark in Singapore; a
      601 words
    • Article
      Lock icon Most employees here ‘do not value company benefits’
      408 8  -  Towers Watson says communication is key to making staff value these perks By NG ZHUO YANG EMPLOYERS here may be spending a significant proportion of their payroll on benefits, but these costs are most likely not being optimised because significant proportions of
      408 words
    • Article
      Lock icon Visa payWave in SG, now at FairPrice too
      361 8  -  By ANNABETH LEOW NO need now to enter your PIN or sign on a slip; just hold your debit or credit card in front of a reader at the cashier and pay automatically. Such is the convenience of contactless payment, the result
      361 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Bank Indonesia ups policy rate by 50bps
      473 9 Central bank adds more ammunition to stop outflows and fight inflation Reuters [JAKARTA] Bank Indonesia surprised the market yesterday by hiking its benchmark policy rate by 50 basis points (bps), twice as much as expected, to 6.50 per cent as it stepped up
      Reuters  -  473 words
    • Article
      Lock icon Samin Tan to buy out Bakries, be Bumi’s biggest shareholder
      427 9 Bloomberg [JAKARTA] Bumi plc chairman Samin Tan has agreed to buy out Indonesia’s Bakrie family from the London-traded coal producer, setting him on course for a battle with financier Nathaniel Rothschild, who has vowed to oppose the plan. Mr Tan’s
      Bloomberg  -  427 words
    • Article
      Lock icon Vatican envoy backs use of ‘Allah’ to refer to God
      486 9  -  Diplomat suggests dialogue as best solution to disputes By S JAYASANKARAN in Kuala Lumpur THE Vatican’s Papal Nuncio to Malaysia yesterday supported the right of the country’s Catholic community’s to use the word Allah as a Bahasa Malaysia translation for
      486 words
    • Article
      Lock icon Maybank buys AirAsia X shares to prop them up to IPO level
      479 9 Bloomberg [KUALA LUMPUR] AirAsia X Bhd’s shares were stabilised by Malayan Banking Bhd on Wednesday, preventing the budget airline from becoming only the second Malaysian stock in a year to fall below its offer price on its debut.
      Bloomberg  -  479 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Glaxo execs in China admit to bribery, tax crimes: police
      346 10 To boost sales and prices it bribed officials, doctors Reuters [BEIJING] Executives of British drug maker GlaxoSmithKline plc in China have confessed to charges of bribery and tax law violations after initial questioning by Chinese police, China’s security ministry said
      Reuters; PHOTO: AP  -  346 words
    • Article
      Lock icon China port cities to copy Shanghai free zone model
      494 10 Reports say Xiamen, Tianjin chalk out plans as govt moves to open up economy Bloomberg [SHANGHAI] Shanghai’s test zone for trade and investment reforms is attracting attention from Chinese port cities that want to mirror its role, as Premier Li Keqiang
      Bloomberg  -  494 words
    • Article
      Lock icon Inflation in India likely to have edged up in June
      338 10 Reuters [BANGALORE] India’s headline inflation probably picked up again in June as a weaker rupee pushed up manufacturing and fuel costs but it was still within the central bank’s comfort level, according to a Reuters poll. Wholesale prices, India’s key
      Reuters  -  338 words
    • Article
      Lock icon Rupee slide likely to hit Indian firms hard
      199 10 AFP [NEW DELHI] Indian companies will be “severely” hit by the rupee’s plunge to record lows due to their hefty foreign debts, the country’s top credit ratings agency Crisil Research warned on Wednesday. The rupee has been the worst performing Asian currency
      AFP  -  199 words
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      128 10 Integration Night Presented by UBS tee off: 1pm format of play: System 36 (Stableford Points) registration fee: $300 per person FEE INCLUDES: Green fee, buggy fee and lunch priced at more than $220) Integration Night dinner for two persons separate tickets priced at $100) Attractive goodie bag consisting of a
      128 words
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  • PREMIUM PROFESSIONALS
    • Article, Illustration
      Lock icon Filling the managerial vacuum
      1406 11  -  The general insurance sector is nurturing talent that will flow into leadership positions in the future, reportsTEH TEH SHI NING LEADERS for the future are a real and present need for Singapore’s general insurance sector, says ACE Insurance Limited’s Singapore country manager Mack Eng. “There is
      1,406 words
    • Article, Illustration
      Lock icon Fascination with the industry keeps him going
      705 11  -  By LIVIA YAP KENRICK Law’s leap of faith into the reinsurance line 17 years ago opened him to an industry full of opportunities. Just after earning a Master’s degree in Canada at a time when new jobs were scarce, Mr Law was keen
      PHOTO: ARTHUR LEE  -  705 words
    • Article, Illustration
      Lock icon Taking the unbeaten path
      662 11  -  Going into general insurance proved most rewarding By NG ZHUO YANG JOINING the general insurance industry may seem to be an unconventional route for marketing majors, but it proved rewarding for Tan Wan Ni, a graduate of Nanyang Technological University’s business school. The 27-year-old was first
      PHOTO: ARTHUR LEE  -  662 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Mining boom is over, it’s time to diversify: Rudd
      603 12 He wants business, unions to join in lifting productivity and engaging Asia AFP [SYDNEY] Australian Prime Minister Kevin Rudd yesterday said the China resources boom was over, leaving the economy at a crossroads, as he called for a new productivity pact
      AFP; PHOTO: BLOOMBERG  -  603 words
    • Article
      Lock icon EU catching cold from Fed’s sneeze
      773 12 Tapering talk drives up interest rates, hurting businesses NYT [VLOTHO, Germany] The European economy has many problems. One is out of the region’s control: the United States Federal Reserve. Recent fears that the Fed could begin withdrawing its economic stimulus have prompted interest rates
      NYT  -  773 words
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      1204 12 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SUNLIGHT GROUP HLDG LTD (Incorporated in the Republic of Singapore under the Companies Act, Cap. 50) Company Registration No. *****6046G Notice of Fourteenth Annual General Meeting NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of the Company will be held at
      1,204 words
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  • WORLD
    • Article, Illustration
      Lock icon Japan commercial property shows signs of revival
      790 13 Transactions this year seen hitting 3.5 trillion yen, highest since 2008 Bloomberg [TOKYO] Japanese stocks are the biggest winners in the world this year. The yen is down the most of any major currency, helping exporters. And as Prime Minister Shinzo Abe’s efforts
      Bloomberg  -  790 words
    • Article, Illustration
      Lock icon US-China officials hold 5th strategic, economic dialogue
      653 13 Talks likely to touch on cyber issues and North Korea AP [WASHINGTON] A month after the US and Chinese presidents held an unconventional summit at a California resort, their top officials convened in more staid surroundings in Washington to hash over a slew
      AP; PHOTO: REUTERS  -  653 words
    • Article
      Lock icon Financial firms more likely to act on suspected graft
      263 13 E&Y poll shows 70% of people in finance cite clear penalties, compared to 49% for all sectors Bloomberg [LONDON] Half of financial firms with an anti-corruption policy have punished employees who have breached regulations, according to a report published yesterday by
      Bloomberg  -  263 words
    • Article
      Lock icon Lawrence Ho takes stakes in Russian resorts
      462 14 Bloomberg [NEW YORK] Lawrence Ho, son of Macau casino mogul Stanley Ho, is investing in two Russian gambling resorts worth US$630 million as he expands his businesses overseas. Melco International Development and Summit Ascent Holdings, both backed by Mr Ho, will buy a
      Bloomberg  -  462 words
    • Article, Illustration
      Lock icon Portugal president calls for early elections next year
      692 14 Country thrown into disarray as he moots coalition-opposition cross-party pact Reuters [LISBON] Portugal’s president threw the bailed-out eurozone country into disarray yesterday after rejecting a plan to heal a government rift, igniting what critics called a “time bomb” by calling for early
      Reuters; PHOTO: REUTERS  -  692 words
    • Article
      Lock icon ‘Zero hours’ contracts boost employment in UK
      697 14 One in five jobs created since late 2008 comes with no minimum shifts Re uters [LONDON] No work, no pay, but still employed? Welcome to Britain’s “ze-ro-hours contracts”, which offer no guaranteed amount of work and pay, and some weeks provide nothing. Almost
      Reuters  -  697 words
    • Article
      Lock icon European telecom firms face antitrust probe
      318 14 Reuters [BRUSSELS] Europe’s competition watchdog is investigating some of the region’s biggest telecoms firms over whether they abused their market position in deals with Internet companies to deliver content to consumers. Offices of Deutsche Telekom, France’s Orange and Spain’s Telefonica were searched by antitrust
      Reuters  -  318 words
    • Article, Illustration
      Lock icon Stiff competition taking toll on tablet prices
      881 16 Players offer as low as US$129; sales this year seen rising 68% to 202m units AFP [WASHINGTON] Tablet prices are plunging amid a flood of new devices and cutthroat competition for market share. Amazon has slashed prices of its Kindle HD tablets to
      AFP; PHOTO: AP  -  881 words
    • Article
      Lock icon Amazon likely to gain from Apple’s defeat
      623 16 Bloomberg [SAN FRANCISCO] In the retailing wars with Apple, score one for Amazon.com. A judge’s ruling that Apple violated US antitrust laws by colluding to increase e-book prices gives retailers such as Amazon added flexibility to sell digital books more cheaply and gain
      Bloomberg  -  623 words
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      199 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AGL (ASIA) PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO.REG. NO. *****9327H NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50, that a Final Meeting of the Members of the abovenamed Company
      199 words
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      1563 13 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices TUNG LOK RESTAURANTS (2000) LTD Company Registration No. *****5703N (Incorporated in Singapore) NOTICE OF 13TH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 13th Annual General Meeting of TUNG LOK RESTAURANTS (2000) LTD will be held at Orchard Parade Hotel, 1
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      96 14 VALUE Inside A Collector’s Mind Sometimes it is all about stories, relationships and destiny. CHERISH UNCOVER Who’s The Real Warrior? Even the burial grounds of Qin Shi Huang are not spared by the impact of China’s counterfeit culture. A Question Of Time What surprises will this year’s BaselWorld unveil? BEHOLD
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      2389 15 FALCON ENERGY GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****3817G) NOTICE OF THE NINTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of the Company will be held at 10 Anson Road #33-15 International Plaza Singapore *****3 on Tuesday, 30 July
      2,389 words
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      2060 15 m ymmmmm PAN MONO PROPERTY OROUP PAN HONG PROPERTY GROUP LIMITED (Incorporated in Bermuda on 20 December 2005) (Registration No.: *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Pan Hong Property Group Limited (the “Company") will be held at M Hotel Singapore,
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      1777 16 WAT>i NOTICES VALUETRONICS HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) (Co. Reg. No: *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of VALUETRONICS HOLDINGS LIMITED (the “Company”) will be held at Pan Pacific Hotel, Ocean 5, Level 2, 7 Raffles Place Boulevard,
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      836 16 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 NEXUS FLOATING PRODUCTION LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****6577R) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of Nexus Floating Production Ltd. duly convened and held on
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      697 16 IN THE MATTER OF THE COMPANIES ACT, CAP .50 NAI TIN (PRIVATE) LIMITED (In Members’ Voluntary Liquidation) Company Reg. No. *****0305K At an Extraordinary General Meeting of the members of NAI TIN (PRIVATE) LIMITED duly convened and held at 26, Wilby Road #07-24, The Tessarina, Singapore *****8 on 5 July
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      2154 17 0 WAT3 NOTICES FISCHER TECH LTD Company Registration Number: *****4532R (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING AND NOTICE OF BOOKS CLOSURE DATE Notice is hereby given that the Annual General Meeting of Fischer Tech Ltd (the “Company”) will be held on 30 July 2013 at
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      1798 17 SWING MEDIA TECHNOLOGY GROUP LIMITED (Incorporated in Bermuda on 26 March 2001) Company Registration Number: ***** NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SWING MEDIA TECHNOLOGY GROUP LIMITED (the “Company”) will be held at 6 Battery Road, #10-01, Singapore *****9 on Monday
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      148 17 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Ro float REFLECT GEOPHYSICAL PTE LTD (IN LIQUIDATION) LIEN *****6060Z Sale of Assets The Liquidator of Reflect Geophysical Pte Ltd (In Liquidation) (the “Company”) offers the Company's equipment for sale. The Company’s equipment consists of seismic offshore equipment and machineries (the “Equipment”) which include,
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Asiana passengers initially told not to exit
      629 18 Call to evacuate was made 90 seconds after crash: official Reuters [SAN FRANCISCO] Passengers aboard the Asiana Airlines plane that crashed in San Francisco were initially told not to evacuate the aircraft after it skidded to a halt on the runway, a federal
      Reuters; PHOTO: REUTERS  -  629 words
    • Article
      Lock icon Cosco Shipping H1 loss triples to 78m yuan
      737 18 This is latest sign that slowing growth in China is eroding corporate earnings Bloomberg [SHANGHAI] Cosco Shipping Co, a listed unit of China’s biggest shipping group, said first-half net loss tripled, the latest sign that slowing growth in the world’s second-biggest economy
      Bloomberg  -  737 words
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      Lock icon Rolls-Royce to power sail ships to beat fuel costs
      859 18 Bloomberg [LONDON] Rolls-Royce Holdings, best known for powering planes from Concorde to the Airbus superjumbo, is working on a modern-day clipper ship as it bets on emissions curbs to jack up bunker fuel costs and herald a new age of sail.
      Bloomberg  -  859 words
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      Lock icon TRANSPORT STOCKS
      239 18 SGX '000 Jul 11 S$ +/-Vol CH Offshore 0.43 unch 75 Chuan Hup Hldg 0.25 0.01 102 Cosco Corp 0.74 0.01 779 S$ Ezra Hldgs 1.02 0.02 6452 First Ship Lea Freight Links Grand Banks.............unch unch 0 Jaya Hold Ltd Cosco Corp K1Ventures 0.18 unch 1289 Keppel Corp
      239 words
  • Page 18 Advertisements
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      167 18 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 EVENT HIGHLIGHTS
      167 words
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      42 18 TH L. n A AT OF THE INDIAN COMMUNITY HOW FARHAN BECAME MILKHA Trainers share their story on actor's transformation i Time to sign up for Integration Cup 2013 Visit www.golfdigest.com.sg GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
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      717 19 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ALTITUDE TRUST MANAGEMENT PTE. LTD. COMPANY REGISTRATION NO. *****0178M (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY WAS DEEMED TO HAVE BEEN HELD AT ONE RAFFLES QUAY, NORTH TOWER, LEVEL 18,
      717 words
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      1735 19 V MYP LTD. Company Registration No. 2Q*****21C (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of MYP Ltd. (the “Company") will be held at klapsons, The Boutique Hotel, 15 Hoe Chiang Road, Singapore *****6 on Monday, 29 July
      1,735 words
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      3592 19 SINGHAIYI GROUP LTD. (Company Registration No. *****3164K) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SingHaiyi Group Ltd. (the “Company”) will be held at Pan Pacific Singapore, Ocean 6, Level 2, 7 Raffles Boulevard, Marina Square, Singapore
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  • EDITORIAL & OPINION
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      Lock icon Abe’s govt will need checks and balances
      486 20 EDITORIAL JAPAN Prime Minister Shinzo Abe talks of restoring “political stability” to Japan in the July 21 election by putting an end to the “twisted” parliamentary situation, whereby his government controls the lower house while the Opposition controls the upper house. Many applaud
      486 words
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      Lock icon Haze daze – sue or pursue amicable solutions?
      863 20  - Haze daze sue or pursue amicable solutions? THE BOTTOM LINE JOHN GEE The writer is a Singapore-based freelance writer IN their own eyes, the farmers and plantation owners of Sumatra who clear land each year by fire have sound economic arguments on their side: at a fraction of the cost
      863 words
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      Lock icon Markets still unsure despite all that talk
      1015 20  -  US jobless rate of 7.6% hasn’t moved much since the Fed’s asset buying operations LEON HADAR Washinaton Correspondent DESPITE all the speculation that followed the last meeting of the Federal Reserve’s policymakers or perhaps because of them the markets remain uncertain whether the
      PHOTO: REUTERS  -  1,015 words
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      Lock icon Understand the essence of resilience
      1102 21  -  The point is to build systems that will be safe when they fail, not to try to build fail-safe systems which is impossible By BRIAN WALKER The writer, a research fellow at the Commonwealth Scientific and Industrial Research Organization (CSIRO) in Australia and at the
      PHOTO: BLOOMBERG  -  1,102 words
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      Lock icon GDP is too crude a performance gauge
      871 21  -  REUTERS BREAKINGVIEWS By EDWARD HADAS ‘We should no longer evaluate the performance of leaders simply by GDP growth. Instead, we should look at welfare improvement, social development and environmental indicators.” That is a fine piece of wisdom from Xi Jinping, China’s president. Leaders
      PHOTO: REUTERS  -  871 words
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      Lock icon FSSTI should comprise only locally based counters
      394 21 LETTER TO THE EDITOR IN earlier days, stockmarket indices were generally regarded as bellwethers of the state of the economy, either current or future-project-ed, in the individual countries to which they related. But not anymore, apparently, and this seems to apply more particularly
      394 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Sengkang’s Lush Acres open for registration tomorrow
      505 22  -  CDL expects the EC to be well received as it will be competitively priced By ONG CHOR HAO [SINGAPORE] City Developments Limited (CDL) will start taking applications for its 380-unit executive condominium (EC) Lush Acres from Saturday. Eligible homeseekers have until July 21
      505 words
    • Article
      Lock icon Slowing Aussie economy hits confidence in housing market
      279 22 Bloomberg [SYDNEY] Australians are less optimistic about a recovery in the nation’s housing market as a slowing economy saps confidence, a National Australia Bank Ltd survey showed. Home prices across the country are expected to rise by 1.4 per cent in the
      Bloomberg  -  279 words
    • Article
      Lock icon The advent of the dual-branded hotel
      908 24 Combination hotels are sprouting in the US, sharing buildings, meeting rooms other facilities to cut costs NYT [NEW YORK] A visitor arriving at the Hilton Garden Inn or Homewood Suites Midtown Atlanta might be forgiven for doing a double take about the destination. The
      NYT  -  908 words
  • Page 22 Advertisements
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      554 22 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WAT-3 D04 HOUSE FOR SALE SENTOSA SOUTH COVE Modern Villa 8100/*****sf 6+1rooms +Basement. Private Berth. Best Waterway view! Pool, Gazebo. Serene. View Now!!! Call Veronica 9455 0898 DTZ D05 HOUSE FOR SALE SPRINGWOOD 2-sty semi-d 4672/ 3400 sqft, excellent Kent Ridge, Holt
      554 words
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      123 22 D05 APARTMENT FOR SALE BLUE HORIZON Sea/ pool view. #20 up. 1163 sqft. 3+1. Renovated. Spacious. Bright. View: www.*****783.com D05 APARTMENT FOR SALE BOTANNIA Serious Seller! 3 rm, Mid floor. Sell with Tenancy (End May 2014). Near famous schools. $4300. All welcome. To view, Call Ken 9072 7878 D05 APARTMENT
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  • Page 23 Advertisements
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      403 23 D09 APARTMENT FOR SALE CAIRNHILL ROAD Urban Suites 2/3/4bdrm 1044/1572/2002sf. TOP! Urban Resort 3/4/Penthse fr$24xxpsf up. Call now D09 APARTMENT FOR SALE HIJAUAN OppIstana. F’hold. 2 bedrooms. Near MRT. Greenery living. New pricing! Hurry! Christine 9799 8119 D09 APARTMENT FOR SALE RIVER VALLEY Launching soon Near Orchard/ Great World City.
      403 words
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      182 23 D10 APARTMENT FOR SALE SIXTH AVENUE RESIDENCES 1302 sf 3+1 balcony pte lift. Pool view. Vacant. Full facilities. Mins to Holland Village. neg. Hurry D11 21 APARTMENT FOR SALE LINCOLN RESIDENCE Freehold. Mins to United Sq /Novena MRT High flr. 1841sf. 4rm. F/facilities. Excellent layout. Vacant 1-Km to ACS. Fr
      182 words
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      173 23 D15 APARTMENT FOR SALE MANDARIN GARDEN 1001sf. 2-bedroom. Super nice sea view. Greenery pool. $1.25M neg Call Pauline Heam 9389 1308 D15 APARTMENT FOR SALE THE BELVEDERE The Belvedere. 1238 sqft. 3 bedrooms. Freehold. High floor. Unblocked. Nice decor. Serious seller. Call now! Wendy 8699 5000 8668 5000 SLP D17
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      164 23 D23 APARTMENT FOR SALE HILLVIEW REGENCY 3-bedroom. 1130sf Designer decoration, high floor Superb views Tenanted $1.19M. Pauline 9389 1308 D23 APARTMENT FOR SALE LAUREL TREE Cheapest Freehold unit in town!!! 463 sqft. 1+1 $580K up! Grab now! Call Thomas 9144 7690 D27 APARTMENT FOR SALE EUPHONY GARDEN $698K. 732 sqft.
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      171 23 D11 21 HOUSE FOR RENT LORNIE 18 Cluster bungalow with home lift. Fantastic layout. Resort style. 4600sqft. 4+1+1 rms. 2-year lease. 6296 6036/ 9670 0518 D16 HOUSE FOR RENT GUAN SOON 3 Storey Corner Terrace Guan Soon (near Airport/ Simei/ Expo/ Beach) 4+1 (ensuite). Park 3 cars. New renovation. $5.8K.
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  • Page 24 Advertisements
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      178 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 THE SEAVIEW 3-bdrms 1216 sf. High flr. Partial pocket seaview. P/furn Mins ECP/ Parkway/Beach/ECP $5.xK D17 APARTMENT FOR
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      175 24 D09 SHOP FOR SALE LUCKY PLAZA Rare! 1970 sqft. Freehold. Lucky Plaza. Best frontage. MRT, Orchard Road. Tourist belt. Capital gain. Paul Lim 9791 9900 ERA D11 21 SHOP FOR SALE BUKIT TIMAH A* Rare!!! Freehold Shophouse. Walking distance to newton MRT. Approx 3600sf. Exclusive listing. Call now D11 21
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      169 24 D26 FACTORY FOR SALE TAGORE INDUSTRIAL Rare Freehold Tagore Industrial. Future Lentor MRT. 2 storey building. 22,600 sqft. High returns! Call Jane 9696 3120 for more info! D02 OFFICE FOR RENT 28 DUXTON HILL Hilltop Cobblestone Enclave Conserved Shophses 2-sty 3K/7Ksf. F/reno, eqpt: Sound meeting rms, pantry bar counter, 50
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      181 24 FOREIGN PROPERTY FOR SALE JOHOR BAHRU IN MALAYSIA Foreigners Special Condo RM289,000 up. Selling fast. SMS 9668 3888 sgmyproperties@gmail.com FOREIGN PROPERTY FOR SALE JOHOR BAHRU IN MALAYSIA Free tour of Johor properties. Some special price! Call 9668-3888 sqmyproperties@gmail.com FOREIGN PROPERTY FOR SALE PROPERTY IN PHILIPPINES One Shangri-la Place Manila FH
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      188 24 FOREIGN PROPERTY FOR SALE PROPERTY IN MALAYSIA KL EMPIRE CITY. Svc Office Suites above Marriott Integrated Development. Low downpayment from $16K. Sophia 9337 0030 FOREIGN PROPERTY FOR SALE BRISBANE IN AUSTRALIA The Pavilion in Brisbane. 1 bedroom. 624 sqft. Rooftop dining. 2 years 6% yield. A$345,000 up. Jimmy Teow +65-9821-2887
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  • Page 25 Advertisements
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      920 25 The Business Times Shipping times Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M VESSEL VOY SIN NOU SUVA BUS MOTHER VESSEL
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      505 25 WALLENIUS WILHELMSEN LOGISTICS Tel: (65) 6379 5066 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com website: http://www.2wglobal.com AUSTRALIA NEW ZEALAND TO ASIA VESSEL VOY AKL BNE PKL MEL FRE SIN TONSBERG FF327 24/06 28/06 01/07 03/07 10/07 16/07 TAMPA CF321 01/07 05/07 09/07 15/07 20/07 ENDURANCE FF329 17/07 20/07 23/07 26/07 31/07
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  • Page 26 Advertisements
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      1097 26 Shipping Times TOLL MARINE LOGISTICS PERKINS SHIPPING (SINGAPORE) PTE LTD LOYANG OFFSHORE SUPPLY BASE, LOYANG CRESCENT, BLK 103, TOPS AVE 1, #08-01, SINGAPORE *****8. MAILBOX NO. 5013 CR NUMBER: **********0G OPERATOR CODE: PV WEEKLY CONTAINER CONVENTIONAL SERVICE TO EAST TIMOR NORTHERN AUSTRALIA VESSEL VOY ETA SIN ETD SIN ETA DILI
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      201 26 FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION BERJAYA 1 09/13 17/07 19/07 BELITUNG/PKL BALAM SIANIRI 10/13 16/07 18/07 JAMBI/PEKAN BARU FAJAR MAS 07/13 15/07 17/07 PALEMBANG/PANJANG SINOPA 12/13 18/07 20/07 BENGKULU/PADANG SRI JAYA 8 07/13 15/07 17/07 BELAWAN/LHOKSEUMAWE CARAKA JN332 06/13 22/07 24/07 SABANG/MALAHAYATI
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3230 27 Transaction date: Jul 11 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol Day Last Quote ('000) High Low Buyer Seller 188 106 AIMSAMPIReit 161 +2 580 162 160
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      Lock icon SGX CATALIST
      240 28 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale C000) High Low Buyer Seller C’vr P/E Smil 3..
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    • Article
      Lock icon UNIT TRUST & FUNDS
      10982 28 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.08/ Aberdeen Asset Mgt Asia Limited Global Emerging Markets!** EM local Cty Bond 0.9367/ European Opportunities!" 1.174/ Global Emerging Markets!” Global Opportunities/” 1.7999/ Global Emerging Markets
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    • Article
      Lock icon GLOBALQUOTE
      258 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 49.1 25 AVJennings A44 unch 71 44 43 42 44 3.6 8 3.6 162.9 52 31 Genting HK US$ US45 +0.5 3718 45 44.5 44.5 45 2963
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    • Article
      Lock icon SGX ETF
      968 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 112.5 -1 5 112.5 112.5 112.5 113 513.5 143 120.4 CIMB APAC Div 100S$D 127.7 135.4 136.3 114.4 99 CIMB
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      643 29 Jul 11 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.26 *****.67 *****.26 Sep13 *****.00 *****.00 *****.00 *****.00 *****7 *****2 Dec13 *****.00 *****.00 *****.00 *****.00 2 ***** MSCI TAIWAN INDEX FUTURES SPOT 288.62 292.75 288.62 Jul13 284.00 291.10 283.70 291.10 ***** *****0 Aug13 282.40
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 29 In local curr In S$ In US$ dy yr dy yr dy yr Jul 10 Index Change Change Change Change Change Change World Preliminary 1066.8 -0.1 13.7 -0.2 14.7 0.2 9.9 EAFE Preliminary 875.5 0.1 13.0 0.3 9.5 0.7 4.9 Europe Preliminary 1235.1 0.0 7.7
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    • Article
      Lock icon INTERBANK CROSS RATES
      471 29 Jul 11 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.958 5.662 0.707 7.159 55.248 92.064 0.916 10.369 2.923 1.169 92.387 40.001 1.167 9.179 0.878 27.632 28.690 0.612 0.923 Canada 1.043 5.908
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    • Article
      Lock icon SIBOR
      66 29 Jul 11 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid
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    • Article
      Lock icon PRECIOUS METALS
      141 29 Jul 11 PRECIOUS METALS GOLD(US$/oz) Jul 10 Jul 11 Hong Kong 1264.00 1297.50 Jul 09 Jul 10 London 1249.01 1257.16 1249.78 1257.93 Source: Thomson Reuters CAST BAR Jul 11 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 117 52 5gm 333 261 10gm
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      Lock icon GOVERNMENT SECURITIES
      90 29 Jul 11 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 19-Sep-13 0.26 6-Month BS*****W 10-Jan-14 0.29 1-Year BY*****H 02-May-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 100.09 5-Year N*****0T 0.5 01-Apr-18 98.09
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    • Article
      Lock icon PALM OIL
      58 29 Jul 11 Jul KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 13 2380.0 2390.0 2415.0 2380.0 136 754 Aug 13 2385.0 2382.0 2394.0 2370.0 3245 ***** Sep 13 2382.0 2377.0 2388.0 2363.0 ***** ***** Oct 13 2370.0
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      Lock icon INTERBANK CURRENCY RATES
      156 29 Jul 11 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1658 1.1674 0.9227 0.9232 Canadian dollar 1.2164 1.2181 0.9633 0.9627 Euro 1.6482 1.6499 1.3045 1.3048 NZ dollar 0.9975 0.9990 0.7895 0.7900 Sterling pound 1.9054 1.9070 1.5080
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    • Article
      Lock icon CHICAGO BOT
      109 29 Jul 10 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 13 1591.75 1613.25 1627.25 1585.00 Aug 13 1464.75 1468.25 1479.00 1462.00 Sep 13 1329.00 1322.50 1339.50 1320.00 Nov 13 1284.75 1276.25 1295.00 1273.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 13
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      Lock icon LIFFE
      95 29 Jul 10 COCOA (£/tonne) Close Prev High Low Jul 13 1491 1502 1510 1490 Sep 13 1516 1526 1534 1514 Dec 13 1518 1527 1535 1516 Mar 14 1513 1523 1530 1511 COFFEE(US$/tonne) Close Prev High Low Jul 13 1859 1839 1875 1865 Sep 13 1872 1859 1882 1861
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1006 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 0.4 1 123 712 38.00 10 Acma Ltd. W*****6 Ratio Exer AlliedTech W*****2 Prem Disc Ascendas Reit MB ECW*****3 3.2 0.2 240 8 Asiatravel.com HoldingsW*****7 0.4 1 25
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      73 29 CRUDE OIL PRODUCTS Jul 10 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.52 0.58 WTI (Near Mth) 106.14 2.08 Dubai (1-Mth F) 103.41 0.72 Tapis blend 113.07 0.87 Minas 107.37 0.62 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 99.11 1.39 Jet Kerosene 121.44 1.02 US$/barrel OpecOil Basket
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      Lock icon US$/S$ FORWARD RATES
      24 29 Jul 11 S$ Bid Offer 1-month 1.2634 1.2644 2-months 1.2634 1.2646 3-months 1.2635 1.2647 6-months 1.2635 1.2649 Source: OCBC Source: OCBC
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      Lock icon LONDON METALS
      66 29 Jul 10 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1773.00 1745.50 3 months 1818.00 1790.00 Copper, Grade A(US$/tonne) Cash 6818.00 6725.50 3 months 6825.00 6730.00 Lead(US$/tonne) Cash 2056.25 2021.25 3 months 2072.00 2037.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 29 As at 9am Jul 11 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.191 1.135 Can dollar 1.235 1.188 Euro 1.694 1.614 Sterling pound 1.944 1.870 NZ dollar 1.023 0.984 US dollar 1.289 1.228 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      159 29 Jul 11 Jul 11 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.04 US$ 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 0.65
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  • executive lifestyle
    • Article, Illustration
      Lock icon S’pore’s most valuable artworks
      2319 30  -  Forget other lists. Here is the definitive list of the most precious local and regional art owned by Singapore, as handpicked by National Art Gallery director Eugene Tan and his team. By HELMI YUSOF ByHELMI HELMI YUSOF WHEN the National Art Gallery, Singapore opens in 2015,
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    • CINEMA
      • Article, Illustration
        Lock icon A flick that Godzilla would simply love
        659 32  -  Pacific Rim is one long monster mash with bouts of mostly inane dialogue, says GEOFFREY EU GEOFFREY EU THE world is coming to an end, and all that’s standing between the human race and extinction are a few good men and their fighting
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        Lock icon A road trip that ends up going nowhere
        583 32  -  By GEOFFREY EU ARTHUR Newman is a movie about two lost souls who meet on the road to nowhere only to discover en route that among other things taking on someone else’s identity is not half as fulfilling as coming to terms
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      • Article, Illustration
        Lock icon Tai Chi puts up kickass fight but plot’s a fail
        485 32  -  By DYLAN TAN IT pays to have friends in high places just ask Tiger Chen, a Hollywood stunt man and martial artist who befriended Keanu Reeves after working with him on The Matrix films. The latter has now made him
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    • MUSIC/ARTS
      • Article, Illustration
        Lock icon Get ready for a loud, musical August
        861 33  -  There’ll be something for everyone as nine big-name acts from a diverse range of music genres hit town, reports DYLAN TAN THINGS are going to get loud next month as August is shaping up to become one of the busiest months ever in
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      • Article, Illustration
        Lock icon Curry for thought
        417 33  -  It’s the season of good plays. Here are three to catch now. ByHELMI HELMI YUSOF HOW do you make a play about the immigration debate in Singapore? How do you accurately capture the broad spectrum of arguments from the fair to the foolish? How do you honour
        417 words
      • Article, Illustration
        Lock icon High Class hilarity
        449 33 DO you know Michael Chiang? He’s famous for penning Army Daze, a novel so well-liked it was made into a play, a movie, a musical, a computer game, a cereal brand and two other movies called Ah Boys To Men. Okay, one exaggerates. But he’s written a
        449 words
      • Article, Illustration
        Lock icon Dazzling Dreamplay
        397 33 WILD and witty, fractious and funny, Dreamplay: Asian Boys Vol 1 is easily one of the most entertaining and satisfying productions of the year. Written by Alfian Sa’at and directed by Ivan Heng, it is a whirlwind ride through an imagined history of gay men in Singapore from
        397 words
    • ARTS
      • Article, Illustration
        Lock icon Off on its own trajectory
        649 34  -  Catch choreographer Jiri Kylian’s work performed by the Nederlands Dans Theatre in S’pore for the last time at least until 2017 until the company finds its next footing. CHEAH UI-HOONreports CHEAH UI-HOON FOR the longest time, the Nederlands Dans Theatre was synonymous with Jiri Kylian,
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      • Around Town
        • Article, Illustration
          Lock icon Art
          393 34 Larasati’s auction: The Bandung School artists take centrestage in the sale of Indonesian modern art at Larasati’s auction preview on Saturday and Sunday (July 13 and 14), with lots going under the hammer on Sunday afternoon at GoodWood Park Hotel. Star lots are early paintings by two of Bandung
          PHOTO: AHMAD ABU BAKAR  -  393 words
        • Article
          Lock icon Books
          120 34 Edible Lit: Food-o-philia 2013, the Arts House’s celebration of food and art continues this weekend with two book launches tomorrow. The first, Sam Leong: The Man Behind Modern Chinese Cuisine, is a biography of the famed celebrity chef who rose above his troubled childhood to seal his place in
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      • Article, Illustration
        Lock icon Downes in Mansfield comeback
        548 34  -  By CHEAH UI-HOON A ONE-WOMAN play based on a famous female author penned more than 30 years ago still resonates for its playwright and actor, Catherine Downes. When she was in her 20s, Downes wrote a play about Katherine Mansfield –one of New Zealand’s foremost short
        548 words
      • Article, Illustration
        Lock icon Couch out to show they’re no slouch
        485 34  -  By KELLY TAY FLEDGLING theatre groups pop up and peter out so often in Singapore, that the idea of a new company sometimes seems passe, even before the curtain rises. But a brave band of un-der-21s is seeking to change that, and they’re
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    • WINE/FOOD
      • Article, Illustration
        Lock icon Consider negociant wines, too
        1045 35  -  Don’t be brainwashed by the glamour of Domaine names and stick to them exclusively, writesNK NK YONG THIS is very elementary, but for the benefit of readers who are not yet familiar with the distinction between “grower” and “negociant” producers in Burgundy, growers are producers who
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      • Article
        Lock icon S’pore’s favourite foods at Marina Bay
        230 35  -  By SARAH YIM LOOSEN your belts and prepare to chow down on a delicious spread as the Singapore Favourite Food Village (SFF Village), held in conjunction with the Singapore Tourism Board’s Singapore Food Festival, opens its doors today. The 10-day event is organised by
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      52 32 Collection of Masterpieces Top French Artist Paul Aizpiri IMfke'i N F IN E ART P «B| M£\ I r tirs e u UJ m t I! LL- v. ■'3 K h Uf (born 1919) Raffles Hotel Arcade 328 North Bridge Road #01-34 Singapore *****9 Contact: +65 6338 9073 www.nikeifineart.com facebook.com/nikeifineart
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      26 33 High Class plays at the Drama Centre Theatre till Sunday 8pm today, 3pm and 8pm tomorrow, 1 pm and 5pm on Sunday. Tickets from Sis tic.
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      27 33 Cook A Pot of Curry plays at Lasalle College of the Arts, till July 20 at 8pm. There are also 3pm matinees on weekends. Tickets from Sistic.
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      38 33 For venue and ticketing info, please check Sistic Dreamplay: Asian Boys Vol 1 is now on at Lasalle College of the Arts till July 20 at 8pm, with 3pm matinees on weekends. Tickets at $40 from Sis tic.
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      31 34 An Evening With Nederlands Dans Theatre 2 is part of The Esplanade’s Dans Series. The performances are on tonight and tomorrow night, starting 8pm. Tickets from $25-$75 are available from Sistic.
      31 words
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      58 34 The Case Of Katherine Mansfield, the one-woman play, will run at The Arts House on July 18-20. Tickets available at www.bytes.sg. For more informa tion, visit www. theartshouse. com.sg. Melancholy Play plays at the Drama Centre Black Box from July 25 to 27 (Thursday to Saturday) at 8pm and 2.30pm.
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      18 35 Singapore Favourite Food Village, every day from July 12-21, 11 am to 11pm at Bayfront Avenue (Marina Bay)
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      451 35 COFFEE COOKING CONCEPT STORE v(m 1 m a 22 Receive a 5-Piece Knife Set worth $79.90 with purchase of any advertised Package. BOSCH Invented for life Brandt Innovations you need De Dietrich SETTING NEW VALUES i E Better Everyday tf- tyr*\_ Electrolux fu/la KRUPS IVfiele IMMER BESSER Xespresso, PHILIPS 0Saeco
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  • Page 35 Miscellaneous
    • Miscellaneous
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      307 35 CRYPTIC CROSSWORD Across 1 Upper-class power that’s surprising! (6) 4 Gummy bears finally located by second year (6) 8 Manners shown by cabin staff and driver of plane (8) 10 Complain about Menace initially in Beano comic (6) 11 Youngster left in bed (4) 12 Fur keeps friend out of
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      285 36 The Biggest Career Fair in Singapore Returns! ST JOBS S3*career& DEVELOPMENT2013 VISIT THE STJOBS CAREER DEVELOPMENT FAIR 2013 Find My Dream Job STJobs Upload your resume and record your video resume to search and apply for your ideal job Career Insights B 14% 19% Find out if your career is
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