The Business Times, 30 July 2013
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2013-07-30
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The Business Times
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Title Section25 2013-07-30 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Tuesday, July 30, 201325 words
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Article, Illustration826 2013-07-30 1 MINDY TAN - Big jump in Chinese investments here and it’s not limited to the residential sector By MINDY TAN [SINGAPORE] An influx of Chinese capital is making itself felt in Singapore real estate, and not just in the residential segment. Looking at investment transactions aboveSource: URA - 826 words
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MARKETS DIGEST
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Article65 2013-07-30 1 GST INDEX 3,236.97 (+0.87) GST INDEX FUTURES 3,236.00 (+1.00) HSIMSCI 369.65 (-0.75) HSIMSCI FUTURES 369.70 (-0.90) US$ S$ US$ (S$ per US$) 1.267 (US$/S$ per 1.538 1.948 EURO (US$/S$/€ 1.327 1.681 Foreign currency per US$ S$ YEN 98.00 77.40 RM 3.227 2.548 HK$ 7.757 6.124 BAHT 31.21 24.64 RUPIAH65 words
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Article48 2013-07-30 1 Monday Change KL COMP 1,798.78 -8.83 NIKKEI 225 13,661.13 -468.85 HANG SENG 21,850.15 -118.80 SET INDEX 1,454.28 -22.43 JAKARTA COMP 4,580.47 -78.41 MANILA COMP 6,717.66 -45.96 SEOUL COMP 1,899.89 -10.92 SHENZHEN B 759.95 -8.97 MUMBAI IND 19,593.28 -154.91 12noon EDT Change DOW 15,492.86 -65.97 NASDAQ 3,595.27 -17.8948 words
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Article21 2013-07-30 1 SINGAPORE MALAYSIA HONG KONG INDONESIA 6.55 TAIWAN INDONESIA 13.154 TAIWAN 5.036 JAPAN 1.475 SWITZERLAND 9.33 INDIA 0.50 Source: Bloomberg21 words
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Article, Illustration807 2013-07-30 1 SIOW LI SEN - Stabilising interest rates induce new burst of activity By SIOW LI SEN [SINGAPORE] After the drought of June where not one bond was sold, July has brought relief with $1.9 billion worth of deals done as fixed income bankers pray that interest807 words
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Page 1 Advertisements
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Advertisement79 2013-07-30 1 PROPERTY Soilbuild inks condo venture in Yangon PAGE 8 SME Inc Staying the course for success PAGE 9 COMPANIES Will Internet steal SingTel’s EPL lunch? PAGE 4 COMMENTARY Global economic progress hindered by politics PAGE 18 8 *****1 *****4 PATEK PHILIPPE GENEVE Begin your own tradition. II PATEK PPE <879 words
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TOP STORIES
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THREE-MINUTE DIGEST
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54 2013-07-30 2 AN influx of Chinese capital is making itself felt in Singapore real estate, and not just in the residential segment.Looking at investment transactions above $50 million, CBRE has found that since the global financial crisis, Chinese capital invested in Singapore has been just54 words
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67 2013-07-30 2 AFTER the drought of June where not one bond was sold, July has brought relief with $1.9 billion worth of deals done as fixed income bankers pray that interest rates have stabilised. The $1.9 billion is about 44 per cent of the67 words
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50 2013-07-30 2 THE appetite for M&A (merger and acquisition) deals among the world’s largest companies is greater than it was a year ago, but macroeconomic factors such as nervousness over the continuation of quantitative easing in the United States continue to weigh on confidence.50 words
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40 2013-07-30 2 ARAB Malaysian Banking Group founder Hussain Ahmad Najadi was shot dead while his wife seriously injured when they were attacked after leaving a temple in Lorong Ceylon in Kuala Lumpur yesterday afternoon.40 words
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36 2013-07-30 2 STARHUB has raised an eyebrow at SingTel’s new English Premier League (EPL) package, even as analysts predict that the red- hued operator will come off black-and-blue for its pricing strategy.36 words
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31 2013-07-30 2 MARKING its first overseas development project, Soilbuild Group Holdings has entered a joint venture to develop a high-end condominium in Yangon, with about 250 units.31 words
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34 2013-07-30 2 MALAYSIAN billionaire Lim Kok Thay wants to raise his stake in Australia’s Echo Entertainment Group Ltd, and invest in Japan and Macau casinos if licences become available.34 words
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44 2013-07-30 2 FOR all the strong rhetoric, China’s latest policy actions suggest a shift in focus on the economy to mix relatively pain-free reforms that burnish Beijing’s credentials for change with measures to prop up sagging growth.44 words
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58 2013-07-30 2 AUSTRALIA’S conservative opposition leader Tony Abbott holds ambitious plans to develop the country’s sparse and inhospitable north by 2030 to attract a new wave of mining investment and boost agricultural exports to Asia. He said that he would produce a White Paper on his Northern58 words
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71 2013-07-30 2 FEWER Americans signed contracts in June to buy previously owned homes, showing rising mortgage rates are beginning to restrain the housing market. The index of pending home sales dropped 0.4 per cent, less than forecast, to 110.9 in June after climbing71 words
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679 2013-07-30 2 NEIL BEHRMANN - By in Moscow NEIL BEHRMANN in Moscow RUSSIA has been investing growing amounts of its oil, gas and mineral revenues in Asia and other emerging markets. In 2006, the Russian government eliminated restrictions on capital outflows and investment abroad increased dramatically. A679 words
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Article39 2013-07-30 2 IN “aLife: Dr Chew’s way of giving back to society” (BT, July 29), the number of pregnant mothers in crisis that aLife has helped was given as 100,000. Dr Chew has since said that it should be 10,000.39 words
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769 2013-07-30 2 MICHELLE QUAH - But confidence remains impeded by factors such as continuation of QE By MICHELLE QUAH [SINGAPORE] The appetite for M&A (merger and acquisition) deals among the world’s largest companies is greater than it was a year ago, but macroeconomic factors such as nervousness769 words
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441 2013-07-30 2 JOYCE HOOI - By JOYCE HOOI [SINGAPORE] The Media Development Authority (MDA) has moved to preempt foreign involvement in The Independent, a fledgling local news site, by telling it to register as a class licensee under Section 9 of the Broadcasting Act. As part of the registration,441 words
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Article, Illustration926 2013-07-30 2 ANTHONY ROWLEY - By in ANTHONY ROWLEY in Tokyo TO tax or not to tax that is the dilemma facing Japanese Prime Minister Shinzo Abe as he struggles to decide whether or not to risk aborting the success of his Abenomic policies by raising the national926 words
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Article, Illustration469 2013-07-30 3 His wife seriously injured in the attack by gunman outside a temple in the city [KUALA LUMPUR] Arab Malaysian Banking Group founder Hussain Ahmad Najadi was shot dead and his wife seriously injured when they were attacked after leaving a temple in469 words
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571 2013-07-30 3 MALMINDERJIT SINGH - By MALMINDERJIT SINGH [SINGAPORE] The chief executive of SMRT yesterday lamented the absence of meaningful fare adjustments in past years, saying that it has led to a significant gap between the allowable cap and actual levels. “Overall, fare revenue has not kept up with571 words
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644 2013-07-30 3 PAULINE NG - By in PAULINE NG in Kuala Lumpur AN increase in property taxes (RPGT) and a tightening of financing may be in the offing in Malaysia, given that speculation has pushed prices beyond the reach of the middle class. Housing Minister Abdul Rahman Dahlan644 words
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Advertisement63 2013-07-30 2 FRONT PAGE FRONT PAGE TOP STORIES, PAGE 2 TOP STORIES, PAGE 3 COMPANY NEWS, PAGE 4 iMikfu, M Capital! Pt. l_t<l INSURANCE WITHOUT PAIN Too many businesses only discover that their general insurance policies do not compensate them fully after an accident. Don’t take risk arranging insurance, email Hll us63 words
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Advertisement18 2013-07-30 2 SINGAPORE NEWS, PAGE 8 MALAYSIA/INDONESIA, PAGE 10 GREATER CHINA/INDIA, PAGE 11 ECONOMY WATCH, PAGE 12 WORLD, PAGE 1618 words
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Page 3 Advertisements
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Advertisement305 2013-07-30 3 Inaugural An initiative brought to you by: 360 Productivity 1 st August 2 nd August Singapore 2013^ Regent Singapore, 1 Cuscaden Road, (S)*****5 V PRODUCTIVITY INITIATIVES IN SERVICES AND MANUFACTURING Capability Development Internationalisation of SMEs: Twin Engines of Sustainable Productivity Growth Guest of Honour: Dr Amy Khor Minister of State305 words
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COMPANY NEWS
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Article, Illustration661 2013-07-30 4 JOYCE HOOI - Fans may find both standalone and bundled packages of mio TV unappealing By JOYCE HOOI STARHUB has raised an eyebrow at SingTel’s new English Premier League (EPL) package, even as analysts predict that the redhued operator will come off black-and-blue for its pricing strategy.PHOTO: REUTERS - 661 words
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Article, Illustration454 2013-07-30 4 ONG CHOR HAO - Analysts mixed in views on longer-term prospects By ONG CHOR HAO SHARES in Singapore Press Holdings (SPH) the sponsor and biggest unit-holder of SPH Reit have made a comeback, rising on the strong performance of the recently listed real estate investment trustSource: Bloomberg - 454 words
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621 2013-07-30 4 MALMINDERJIT SINGH - Otto Marine in sale and leaseback deal By MALMINDERJIT SINGH OFFSHORE oil and gas construction and services provider Swiber Holdings Limited announced yesterday that it had clinched two contracts worth US$435 million, taking the total value of its project wins this year past621 words
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481 2013-07-30 4 ANDREA SOH - Auric offers 25.5 cents a share, a 40% premium By ANDREA SOH KPMG Corporate Finance has deemed the offer by Auric Pacific Group for the remaining stake in Food Junction to be “fair and reasonable”. In a circular that Food Junction issued to481 words
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Article, Illustration697 2013-07-30 5 Some believe selloff is nearing an end as govt takes steps to boost demand Reuters [NEW YORK] A slowdown in China has hit its financial markets hard this year as fund managers cut exposure to the world’s secondlargest economy, but someReuters; PHOTO: AP - 697 words
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162 2013-07-30 5 SINGAPORE-listed airport logistics systems provider Pteris Global Limited (Pteris) announced yesterday that it will be acquiring a 70 per cent stake in Shenzhen CIMC-TianDa Airport Support Limited (TianDa), manufacturer and operator of airport equipment, owned by China International Marine Containers (CIMC). Formerly162 words
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359 2013-07-30 5 MALMINDERJIT SINGH - It will pay 25% in cash, 75% through issue of some 200m new UEL shares By MALMINDERJIT SINGH WATER-TREATMENT company United Envirotech Ltd (UEL) has proposed to acquire membrane products manufacturer Memstar Pte Ltd (MPL), a wholly owned subsidiary of Memstar Technology Ltd359 words
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366 2013-07-30 7 ANNABETH LEOW - Group attributes its results to declines in commodities trading and tyre sales By ANNABETH LEOW SP Corporation Ltd posted a 20 per cent drop in its revenue for the second quarter ended June 30, to $43.9 million from $54.7 million last366 words
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Article, Illustration385 2013-07-30 7 KENNETH LIM - Genting HK unit’s losses total US$105m in H1 By KENNETH LIM GENTING Hong Kong’s Norwegian Cruise Line Holdings associate remained in the red in the second quarter as balance sheet transactions weighed down a stronger top line. Nasdaq-listed NorwegianPHOTO: BLOOMBERG - 385 words
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412 2013-07-30 7 CARINE LEE - By CARINE LEE HOME-GROWN infrastructure and civil engineering company OKP Holdings yesterday reported a 77 per cent year-on-year plunge in net profit for the fiscal second quarter ended June 30, 2013. Net profit attributable to shareholders fell to $711,000 from $3.09 million a year412 words
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279 2013-07-30 7 LIVIA YAP - By LIVIA YAP BLUMONT Group plunged into the red to the tune of $22.4 million during its fiscal second quarter as the company wrote down financial assets. Net earnings for the April-June 2013 period were down from $11.9 million during year-ago quarter. The investment279 words
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Advertisement174 2013-07-30 4 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 Panel Discussion174 words
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Advertisement135 2013-07-30 4 Food Services w in 2013 19 August 2013 Marina Bay Sands, Singapore Food Services in Healthcare Summit is Asia's first of its kind conference created specially for dietitians, nutritionist and professionals in the healthcare food services sector. Key distinguished speakers include w Ms Christine Lee Director of Operations, Mahkota Medical135 words
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Advertisement95 2013-07-30 5 ml RENOVATING INNOVATING ichAsia2013 International Building Technology Expo FI'EE m Moving Towards sp*» Management Utilization Operations C Functional A Capital operates::;™:,; "•"■"’""•••"s DECOMMISSION Dc^e^Management Inventory A Material Disposition Management Dllll H r>rp A Safety Health DUILU Q_ UljIuIv Building Information Management 31 July to 2 Aug 2013 SNOAPORE EXPO PAVING95 words
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Advertisement230 2013-07-30 5 SINGAPORE REGISTER TODAY TO ENSU RE S$800 SAVINGS EARLY BIRD CLOSING TOMORROW HUMAN CAPITAL SUMMIT PEOPLE STRATEGIES FOR ASIA FUTURE-PROOFING YOUR ORGANISATION RESORTS WORLD SENTOSA, SINGAPORE 11 -12 SEPT 2013 9 5 Join us at Asia's premier human capital and leadership conference Back for its sixth year, the 2013 Singapore230 words
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SINGAPORE MARKETS
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Article, Illustration620 2013-07-30 6 R SIVANITHY - Weak illiquid session sees trading value of only $911 million, and 152 rises versus 282 declines STOCKS R SIVANITHY Senior Correspondent WHEN turnover amounts to 1.8 billion units worth just $911.4 million and when the 20 most activel y t ra d e dSource: Bloomberg - 620 words
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Article73 2013-07-30 6 Jul 29 VALUE CLOSE BT OB/OS -16.00 -76.00 BT CADI -*****.00 -119.00 BT 10-day MA -*****.00 -2.00 FTSE ST Mid Cap 767.37 -5.31 FTSE ST Small Cap 576.19 -1.23 FTSE ST All Share 793.07 -0.89 FTSE ST China Top 202.09 -1.14 FTSE ST China 231.27 -0.83 FTSE73 words
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Article57 2013-07-30 6 VOLUME CNA 91,741,000 M Devt 74,934,000 Innopac 72,375,000 WE Hldgs 72,169,000 Thai Beverage 58,647,000 Golden Agri 58,000,000 Mirach Energy 47,632,000 HanKore 46,817,000 FreightLinks 39,136,000 IPCO Intl 38,355,000 VALUE($) SingTel 40,384,760 DBS Grp 38,748,338 Keppel Corp 36,540,930 Golden Agri 31,441,107 Thai Beverage 31,138,369 CapitaLand 27,244,950 Genting SP 24,055,69557 words
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Article186 2013-07-30 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 7 4 0 0 0 4 7 4 Manufacturing 35 64 36 3 12 11 38 76 47 Commerce 10 32 21 6 5 4 16 37 25 Tpt/Stor/Comms 12 20 9186 words
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BROKERS’ TAKE
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Article, Illustration340 2013-07-30 6 July 29 close: S$3.28 DBS Group Research, July 26 SATS Ltd's net profit grew 11.9 per cent to S$46.2 million while revenues dipped 0.8 per cent to S$434.5 million. There was a S$3.8 million tax writeback in the quarter and it booked S$1.7 million impairment charge on assetsSource: Bloomberg - 340 words
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Article, Illustration471 2013-07-30 6 LYNN KAN - Compiled by LYNN KAN July 29 close: S$0.545 OCBC Investment Research, July 29 CRUDE palm oil (CPO) prices have started to turn lower recently, where the front month futures contract has just hit RM2,170orS$853 per ton, probably the lowest level since Oct 2009, amid concerns that stockpiles (bothSource: Bloomberg - 471 words
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Article123 2013-07-30 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 12,995 12,995 51,490 51,490 Manufacturing 256,262 57,737 313,999 121,114 3,351 124,465 Commerce 88,628 114,578 203,206 68,337 6,496 74,833 Tpt/Stor/Comms 104,461 29,707 134,168 97,310 10,714 108,024 Finance 84,178 522 84,700 95,843 242 96,085 Construction 98,188 65,754123 words
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Article112 2013-07-30 6 Stock name Close Change CapMallsAsia 1.980 CapitaLand 3.230 -0.030 CapitaMall 2.010 -0.020 CityDev 10.64 -0.110 ComfortDelGro 1.980 -0.015 DBS Grp 16.83 +0.030 GLP 2.900 Genting SP 1.355 -0.015 Golden Agri 0.545 HK Land 6.760 +0.010 HPH Trust US$ 0.755 -0.005 JMH 56.09 +1.140 JSH 35.16 +0.560112 words
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Article, Illustration493 2013-07-30 6 CURRENCIES Reuters [LONDON] The US dollar yesterday fell to a one-month low against the yen and a five-week trough against a basket of currencies, on expectations that the Federal Reserve intends to keep interest rates low for some time. Its losses underpinned theReuters; PHOTO: AFP - 493 words
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Article109 2013-07-30 6 BY CENTS CLOSE UP JMH 5609 144.3 2.1 JSH 3516 70.9 1.6 STXPO 100 240 30.0 14.3 Jardine C&C 4107 26.0 0.6 Haw Par 1 723 20.0 2.8 DBXT MSEmerAsi 10US$ 368 16.5 3.7 DBXT MSAsExJp 10US$ 3221 13.9 0.3 Blumont 141.5 8.0 6.0 Chem Ind 40 6.0 17.6109 words
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Article125 2013-07-30 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ ***** -429.2 -3.2 DBXT MSTHAI 10US$ 2097 -67.1 -2.5 Total Access 365 -39.3 -7.8 IS S&P500 ***** -38.0 -0.2 DBXT CSI300 10US$ 680 -21.5 -2.4 DBXT FTVietnam 10US$ 2201 -20.3 -0.7 DBXT FTChina25 10US$ 2688 -19.0 -0.6 DBXT MSTaiwan 10US$ 1875 -19.0125 words
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Page 7 Advertisements
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Advertisement287 2013-07-30 7 Centre for Asset Management Research Investments NUS Business School 5THWEECHOYAWSINGAPORE-CHINAFINANCEANDBANKINGFORUM,SHANGHAI China’s Asset Management Industry: The Opportunities and Challenges Wednesday, 31 July 2013 2.00pm 4.30pm Grand Ballroom 1, Level 3, The Ritz-Carlton Shanghai, Pudong In addition to various financial liberalisation programmes recently introduced by the Chinese regulators, assets under management in287 words
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SINGAPORE NEWS
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641 2013-07-30 8 MINDY TAN - Luxury apartment project with 250 units to be sold at US$300-350 psf By MINDY TAN MARKING its first overseas development project, Soilbuild Group Holdings has entered a joint venture to develop a high-end condominium in Yangon, with about 250 units. While it will be641 words
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Article, Illustration546 2013-07-30 8 ONG CHOR HAO - By ONG CHOR HAO A SET of higher construction standards slated to kick in this month will now be introduced only from September, following consultation with industry players. The Building and Construction Authority (BCA) was to have raised the minimum buildability andPHOTO: MARK CHEONG/THE STRAITS TIMES - 546 words
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Article, Illustration443 2013-07-30 8 NG ZHUO YANG - Buroh St standard factories to help tenants save costs Reports by NG ZHUO YANG IN A bid to help small and medium-sized enterprises (SMEs) in Singapore to enhance competitiveness and increase land productivity, JTC Corporation has officially opened its latest next-generation standard factories located along443 words
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270 2013-07-30 8 BY consolidating all its operations under one roof, Globaltronic Precision Pte Ltd is now able to make better use of space and accommodate more machinery. The company relocated its operations a fortnight ago to JTC Corporation’s new small footprint (SFP) standard factories at270 words
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469 2013-07-30 8 LEE U-WEN - By LEE U-WEN STARTING this Thursday, all Division 3 officers in the Public Service typically those who perform clerical work or frontline operational functions will continue at the same grade and salary when they are re-em-ployed. This will bring them469 words
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271 2013-07-30 8 LIVIA YAP - By LIVIA YAP THE Ministry of Trade and Industry (MTI) announced yesterday the appointment of three new members to the board of JTC Corporation and two new members to the board of Economic Development Board (EDB). Lieutenant-General Ng Chee Meng, Chief of Defence271 words
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SME Inc
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Article, Illustration1891 2013-07-30 9 FELDA CHAY - Hard knocks in real estate helped point Dennis Yong to the right path in growing his business, reports FELDA CHAY FELDA CHAY DENNIS Yong’s foray into the world of real estate agencies in the year 1999 started on a difficult note. Then 29 years old,PHOTO: ARTHUR LEE - 1,891 words
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Article, Illustration551 2013-07-30 9 VIKRAM KSHETTRY - Growing businesses without the resources of a big finance department can still manage their cash flow effectively COMMENTARY By VIKRAM KSHETTRY The writer is regional director of small business products in the Asia-Pacific, Central Europe, Middle East and Africa for Visa SMALLPHOTO: THE STRAITS TIMES - 551 words
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Page 9 Advertisements
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Advertisement65 2013-07-30 9 HAVE an interesting story on an SME to share? Drop us a note on why you think the company should be featured in our weekly SME Inc pages, with details such as how the company has grown and its expansion plans. Send your e-mail to Felda Chay at feldac@sph.com.sg with65 words
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MALAYSIA/INDONESIA
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Article, Illustration877 2013-07-30 10 Echo shares rise on news he’s applied to regulators to raise stake above 10% Bloomberg [KUALA LUMPUR] Malaysian billionaire Lim Kok Thay said he wants to raise his stake in Australia’s Echo Entertainment Group Ltd, and invest in Japan and Macau casinos ifBloomberg; PHOTO: BLOOMBERG - 877 words
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316 2013-07-30 10 AFP [PUTRAJAYA, Malaysia] French Prime Minister Jean-Marc Ayrault yesterday assured Malaysia that European rules on declaring product ingredients would not “discriminate” against palm oil, the target of environmentalists over its ecological impact. Malaysia is second only to Indonesia in the production of palmAFP - 316 words
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550 2013-07-30 10 Reuters [SINGAPORE] Indonesian currency traders are hoping they will need to take fewer toilet breaks, now that the central bank has started to relax its tight grip on the rupiah. Bank Indonesia (BI) went to such extraordinary lengths in recent monthsReuters - 550 words
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Advertisement607 2013-07-30 10 1 r TF. A special Feature brought to you by STPROPERTY .SG Investing in Malaysia Is Now The Right Time? What are the upcoming development plans in Iskandar Malaysia? CSS WRITTEN BY SHARMIELA SHAHALAM As more efforts are made to curb growth in the property sector in Singapore such as607 words
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GREATER CHINA/INDIA
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883 2013-07-30 11 Beijing veers away from pump-priming economy, opting for sound restructuring Reuters [BEIJING] For all the strong rhetoric, China’s latest policy actions suggest a shift in focus on the economy to mix relatively pain-free reforms that burnish Beijing’s credentials for change withReuters - 883 words
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Article, Illustration418 2013-07-30 11 Reuters [BUDAPEST] The Indian Grand Prix is likely to be dropped from next year’s Formula One calendar as Russia prepares for its debut, commercial supremo Bernie Ecclestone has told Reuters. “Is India going to happen next year? Probably not,” he said atReuters; PHOTO: AFP - 418 words
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Article, Illustration649 2013-07-30 11 It calls for antitrust probe on sellers of imported luxury cars Reuters [SHANGHAI] Foreign carmakers are reaping exorbitant profits selling imported luxury cars in China and should face an antitrust investigation, the official Xinhua news agency said, in what may amount to a shotReuters; PHOTO: AFP - 649 words
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Page 11 Advertisements
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Advertisement20 2013-07-30 11 AT3 NOTICES Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices WATsWa NOTICES20 words
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Advertisement13 2013-07-30 11 www.omy.sg i:* 0 #ffiSI55Sfc*S!SBi showbiz.omy.sg Download omy Apps Oomy Showbiz iOSAppStore Google Play13 words
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Advertisement47 2013-07-30 11 HOT PROPERTY Slvgr/K's avail r $691 Rebates rart cT'-. Ll 't. Fitted. Park a cars. Senous seller! SSxxpsf. MRT. rcon Tai Seng LOOKING FOR PROPERTIES ON CITY FRINGE? Check this and many other properties in CATS Classified in The Straits Times now! MATS BUY IT-SELL IT-FIND IT47 words
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ECONOMY WATCH
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Article, Illustration657 2013-07-30 12 Aussie politician promises White Paper within a year of winning office Reuters [SYDNEY] Australia’s conservative opposition leader Tony Abbott holds ambitious plans to develop the country’s sparse and inhospitable north by 2030 to attract a new wave of mining investment and boost agricultural exports toReuters; PHOTO: REUTERS - 657 words
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468 2013-07-30 12 Several measures indicate hardship rising among whites AP [WASHINGTON] Four out of five US adults struggle with joblessness, near poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.AP - 468 words
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Article, Illustration540 2013-07-30 12 AFP [ATHENS] Foreign tourists are finding their way back to Greece’s islands and ancient ruins, offering a rare boost to an economy contracting for the sixth year running. Arrivals are on the up again after dismal 2012 figures but domestic tourismAFP; PHOTO: REUTERS - 540 words
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Page 12 Advertisements
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Advertisement788 2013-07-30 12 *AT3 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 MARINTEKNIK SHIPBUILDERS (S) PTE LTD (IN PROVISIONAL LIQUIDATION) (“THE COMPANY”) (COMPANY REGISTRATION NO. **********) Notice is hereby given that Mr. Yit Chee Wah of FTI Consulting (Singapore) Pte788 words
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Advertisement405 2013-07-30 12 In the Matter of The Companies Act (Cap 50) And In the Matters of NAS Management Pte Ltd Company Registration No. *****0342G Titan Chios Pte. Ltd. Company Registration No. *****9781N Titan Neptune Shipping Pte. Ltd. Company Registration No. *****3514N Titan Orient Lines Pte. Ltd. Company Registration No. *****1502D Titan Pisces405 words
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Advertisement341 2013-07-30 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SILLUSION CONSULTANCY PTE LTD. (In Members’ Voluntary Liquidation) Company Registration No. *****2928N At an Extraordinary General Meeting of the Company duly convened and held at 31 International Business Park #03-01, Singapore *****1 on 23 July 2013341 words
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Advertisement330 2013-07-30 12 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF SILICON ILLUSIONS PTE LTD (In Members’ Voluntary Liquidation) Company Registration No. *****5182E At an Extraordinary General Meeting of the Company duly convened and held at 31 International Business Park #03-01, Singapore *****1 on 24 July 2013330 words
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Page 13 Advertisements
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Advertisement317 2013-07-30 13 THE STRAITS TIMES WHEREVER YOU ARE MJQ Sr Cl I F it *i I *4 r C 1 V 4 r a STAY INFORMED ON WHAT MATTERS MOST GRAB THESE FABULOUS GIFTS when you Subscribe to The Straits Select o Plan and pick your gift! 3-Year Rian 3-Year Plan is317 words
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WORLD
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Article, Illustration211 2013-07-30 16 Bloomberg [HONG HONG] Wynn Macau Ltd, the Macau casino operator controlled by billionaire Steve Wynn, has reported a 3 per cent increase in second-quarter profit. Net income for the three months ended in June rose to US$227.3 million from US$220.6 million aBloomberg; FILE PHOTO - 211 words
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298 2013-07-30 16 Re uters [BRUSSELS] China and the European Union (EU) have agreed there is a “window for discussions” to try to resolve accusations that Europe is dumping wine in China, the EU’s trade chief said yesterday. The agreement is part of aReuters - 298 words
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Article398 2013-07-30 16 Bloomberg [SAN FRANCISCO] Apple’s Bob Mansfield, whose US$85.5 million compensation made him one of the highest-paid US executives in 2012, is stepping down as technologies chief to work on special projects. “Bob will no longer be on Apple’s executive team, but he will continue toBloomberg - 398 words
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Article, Illustration457 2013-07-30 16 June index of 110.9 shows recent hikes are causing jitters among home buyers LATEST US DATA Bloomberg [WASHINGTON] Fewer Americans signed contracts in June to buy previously owned homes, showing rising mortgage rates are beginning to restrain the housing market. TheBloomberg; PHOTO: AFP - 457 words
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592 2013-07-30 16 Daiwa’s net highest in 13 years; profit at Sumitomo doubles Bloomberg [TOKYO] Sumitomo Mitsui Financial Group Inc and Daiwa Securities Group Inc posted first-quarter profit that beat analysts’ estimates as Japan’s stock market rally spurred fee income. Daiwa, Japan’s sec-ond-biggest brokerage, said netBloomberg - 592 words
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500 2013-07-30 16 Bloomberg [BRUSSELS] Banks in the European Union face rules on how they can use contingent convertible bonds in bonus awards, as regulators seek to avoid any attempts by lenders to escape the full force of EU pay curbs. TheBloomberg - 500 words
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Article, Illustration477 2013-07-30 16 AP [TOKYO] More than a year after Japan’s Supreme Court ordered camera and medical-equipment maker Olympus to stop punishing a whistleblower and reinstate him to his regular job, Masaharu Hamada is still fighting his courtroom battle. Yesterday, he got company. Another employee, YoshihisaAP; PHOTO: AP - 477 words
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451 2013-07-30 17 But it did not specify a date or place for the resumption of negotiations Bloomberg [SEOUL] South Korea contacted North Korea to make a “final” offer to resume talks on the resumption of operations at the suspended Gaeseong joint industrial zone, theBloomberg - 451 words
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Article, Illustration935 2013-07-30 17 Reuters [MADRID] The dramatic earnings turnaround boasted by four Spanish banks obscures the uphill battle they still face to contain bad debts, grow their businesses and increase shareholder value against the backdrop of one of Europe’s most challenging economies. Bailed-out Bankia last week announcedReuters; PHOTO: AFP - 935 words
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Article, Illustration1078 2013-07-30 17 NYT [NEW YORK] For years, the advertising business has been spurred by the Madison Avenue mythology of small independent shops coming up with the snappy catchphrase or memorable TV commercial that becomes part of everyday culture. But the announcement on Sunday ofNYT; PHOTO: BLOOMBERG - 1,078 words
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344 2013-07-30 17 Dept will get £2m to inspect dealings with Qatar Holding Reuters [LONDON] Britain’s Serious Fraud Office (SFO) is expected to receive about £2 million (S$3.9 million) from the UK Treasury to support its criminal probe into the dealings between Barclays plc andReuters - 344 words
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321 2013-07-30 17 Bloomberg [SAN FRANCISCO] Amazon.com Inc is boosting staff in 17 US warehouses, adding more than 5,000 full-time jobs to meet brisk demand for products sold by the world’s biggest Web retailer. The new hires will join more than 20,000 employees working atBloomberg - 321 words
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EDITORIAL & OPINION
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507 2013-07-30 18 EDITORIAL LAST week, the Singapore Exchange (SGX) and consultancy Oliver Wyman released a paper on retirement savings. It suggested scrapping the $40,000 requirement to invest Central Provident Fund (CPF) Special Account so that Singaporeans can start early, have a chance of accumulating high returns507 words
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Article, Illustration800 2013-07-30 18 LEON HADAR - THE BOTTOM LINE LEON HADAR Washington Correspondent KARL Marx remarked once that history repeats itself twice: first as a tragedy and the second time as a farce. But since he wasn’t around when the Tea Party-led Republicans achieved a800 words
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Article, Illustration1145 2013-07-30 18 SHAHID JAVED BURKI - Economists know the solutions but politicians seem to not have the will to adopt them By SHAHID JAVED BURKI The writer, a former Pakistani finance minister and World Bank vice-president, is visiting senior research fellow at the Institute of South Asian Studies, anPHOTO: BLOOMBERG - 1,145 words
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Article, Illustration1120 2013-07-30 19 TAY HONG BENG, PAUL KENT - Business leaders must prepare to respond as tax governance and morality become subjects of heated discussions By TAY HONG BENG PAUL KENT The writers are head of tax and director, economics and regulation respectively at KPMG in Singapore GONE are the days when tax wasST FILE PHOTO - 1,120 words
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Article, Illustration706 2013-07-30 19 ROBERT SAMUELSON - ROBERT SAMUELSON The Washington Post Writers Group JUST what explains today’s continuing high unemployment remains a central economic question of our time. Previously, I largely exonerated the computer revolution, which according to some economists eliminates more jobs than it creates. ThisThe Washington Post Writers Group - 706 words
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265 2013-07-30 19 LETTER TO THE EDITOR I REFER to the report on “CPIB assistant director charged with criminal breach of trust” (BT, July 25) The officer involved in this case was reported to have spent a considerable amount of monies at the Marina Bay Sands Casino265 words
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AVIATION/SHIPPING
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Article, Illustration724 2013-07-30 20 Maker’s request follows discovery by ANA, United of device fault in B787s Bloomberg [TOKYO] Boeing has asked airlines to inspect emergency beacons on a range of planes after ANA and United Airlines found faults in devices on B787s linked to a fireBloomberg; PHOTO: REUTERS - 724 words
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Article240 2013-07-30 20 SGX '000 Jul 29 S$ +/-Vol CH Offshore 0.44 unch 171 Chuan Hup Hldg 0.25 -0.01 569 Cosco Corp 0.76 -0.02 1151 Jul 29 Ezra Hldgs 0.86 unch 2950 First Ship Lea Vol Freight Links Grand Banks.............unch unch 0 Jaya Hold Ltd Chuan Hup Hldg K1Ventures 0.18 unch240 words
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Article, Illustration353 2013-07-30 20 Spot container rates on AsiaEurope route up It jumped over 9% this week after 3 weeks of drops Re uters [COPENHAGEN] Spot container shipping rates from Asia to Northern Europe jumped more than 9 per cent this week after three weeks of drops, data from Shanghai Shipping Exchange showed onReuters; PHOTO: AFP - 353 words
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208 2013-07-30 20 AFP [TOKYO] AirAsia Japan has said the budget carrier will cancel hundreds of flights over two months before it ceases operations under the current brand at the end of October. AirAsia Japan, operated jointly by Malaysia-based AirAsia and major Japanese carrier All NipponAFP - 208 words
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274 2013-07-30 20 Reu ters [DUBLIN] Cutbacks by rivals and extra charges for choosing seats helped low-cost airline Ryanair meet forecasts with profit of 78 million euros (S$ 131.2 million) in the three months to June, the Irish airline said yesterday. Carriers such as Ryanair haveReuters - 274 words
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Page 20 Advertisements
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Advertisement8 2013-07-30 20 To subscribe, call 6388-3838 or go to sphsubscription.com.sg8 words
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Page 20 Miscellaneous
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Miscellaneous315 2013-07-30 20 CRYPTIC CROSSWORD Across 1 Actor, do this and you’ll fail the audition? (10) 6 Tucked up with a graduate teacher (4) 9 Rat attached to end of cat’s foot (7) 10 Tramp proclaimed ill-defined harangue (7) 12 Popular farmhouse on film becomes target area (8,5) 14 Draw on evidence of315 words
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Page 21 Advertisements
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Advertisement492 2013-07-30 21 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) VESSEL VOY SIN NOU SUVA BUS MOTHER VESSEL NOU SUVA BUS APIA PAGO PAPEETE N’LOFA VILA SANTO TARAWA RIO CHARLESTON 1304E 31 Jul 11492 words
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Advertisement455 2013-07-30 21 FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION BERJAYA 11 09/13 01/08 03/08 BELITUNG/PKL BALAM SRI JAYA 8 09/13 IN PORT 31/08 JAMBI/PEKAN BARU FAJAR MAS 08/13 IN PORT 01/08 PALEMBANG/PANJANG SINOPA 12/13 02/08 04/08 BENGKULU/PADANG CARAKA JN332 06/13 31/07 02/08 BELAWAN/LHOKSEUMAWE SIANIRI 10/13 01/08455 words
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Advertisement448 2013-07-30 21 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 ENDURANCE FF329 18/07 22/07 24/07 26/07 31/07 07/08 TAMERLANE FF333 12/08 16/08 19/08 21/08 26/08 03/09 TYSLA FF334 24/08 28/08 31/08 02/09448 words
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SINGAPORE STOCKS
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Article3290 2013-07-30 22 Transaction date: Jul 29 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld 188 106 AIMSAMPIReit M Cap High Low Company 75 55 ASL Marine3,290 words
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Article234 2013-07-30 23 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol 2.4 1.3 t Advanced System 1.5 unch 1698 1.5 1.5 1.5 1.6 23.8 Last Quote Div Gr Yld Net M Cap High234 words
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Article11122 2013-07-30 23 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** Asian Local Ccy SD Bond Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Global Emerging Markets!** EM local Ccy Bond .0 9449/ European Opportunities 111,122 words
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Article262 2013-07-30 23 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 49.1 25 AVJennings A44.5 +2.5 3 44.5 44 43.5 47 3.6 7.9 3.6 164.8 52 31 Genting HK US$ US43.5 -0.5 3185 43.5 42.5 43 43.5 2864.3262 words
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Article884 2013-07-30 23 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 115.9 +0.4 50 116 115.5 115 115.9 529.1 143 120.4 CIMB APAC Div 100S$D 127.7 133.8 134.7 114.4 99 CIMB884 words
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FINANCE & COMMODITIES
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Article631 2013-07-30 24 Jul 29 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.27 *****.85 *****.13 Sep13 *****.00 *****.00 *****.00 *****.00 *****9 *****7 Dec13 *****.00 *****.00 *****.00 *****.00 17 ***** MSCI TAIWAN INDEX FUTURES SPOT 288.68 288.94 285.54 Jul13 288.60 288.70 285.50 286.30 *****5 ***** Aug13 286.20631 words
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373 2013-07-30 24 In local curr In S$ In US$ dy yr dy yr dy yr Jul 26 Index Change Change Change Change Change Change World Preliminary 1083.2 -0.7 15.5 -0.5 16.9 -0.4 12.9 EAFE Preliminary 881.5 -0.9 13.8 -0.4 12.3 -0.3 8.4 Europe Preliminary 1251.0 -0.3 9.0373 words
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Article471 2013-07-30 24 Jul 29 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.949 5.663 0.696 7.163 54.825 94.861 0.905 10.260 2.980 1.144 93.952 40.018 1.170 9.078 0.859 27.644 28.816 0.601 0.923 Canada 1.054 5.970471 words
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Article51 2013-07-30 24 Jul 29 (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$) 1 mth (S$) 2 mths 0.***** 3 mths 0.***** 9 mths 0.***** 12 mths 0.***** Source: Thomson51 words
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Article90 2013-07-30 24 Jul 29 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*****N 24-Jan-14 0.28 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-15 100.05 100.10 100.10 5-Year N*****0T 0.590 words
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Article141 2013-07-30 24 Jul 29 GOLD(US$/oz) Jul 26 Jul 29 Hong Kong 1341.80 1335.20 Jul 25 Jul 26 London 1325.90 1317.87 1326.65 1318.67 Source: Thomson Reuters Source: Thomson Reuters CAST BAR Jul 29 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 122 54 5gm 345 270141 words
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Article61 2013-07-30 24 Jul 29 Jul 29 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 13 2275.0 2253.0 2290.0 2250.0 70 1464 Sep 13 2215.0 2211.0 2231.0 2208.0 9696 ***** Oct 13 2175.0 2167.0 2190.0 2162.0 ***** ***** Nov 1361 words
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Article157 2013-07-30 24 Jul 29 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1691 1.1702 0.9234 0.9235 Canadian dollar 1.2322 1.2339 0.9738 0.9732 Euro 1.6799 1.6814 1.3268 1.3270 NZ dollar 1.0217 1.0232 0.8070 0.8075 Sterling pound 1.9468 1.9488157 words
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Article109 2013-07-30 24 Jul 26 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 13 1349.75 1355.25 1360.25 1330.50 Sep 13 1275.25 1266.75 1276.00 1250.25 Nov 13 1228.50 1224.00 1231.50 1207.25 Jan 14 1233.75 1229.00 1236.50 1213.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Aug 13109 words
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Article95 2013-07-30 24 Jul 26 COCOA (£/tonne) Close Prev High Low Sep 13 1576 1591 1596 1575 Dec 13 1567 1582 1588 1565 Mar 14 1554 1569 1575 1552 May 14 1556 1570 1577 1552 COFFEE(US$/tonne) Close Prev High Low Jul 13 1896 1883 1904 1904 Sep 13 1921 1908 1954 191495 words
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1129 2013-07-30 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 5.1 -0.2 263 0.0 5 -49 60 Asia-Pacific Strategic W*****6 0.1 -0.3 100 1 123 1156 98.00 10 Acma Ltd. W*****6 Exer Acma Ltd W*****7 0.8 unch 24421,129 words
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Article70 2013-07-30 24 CRUDE OIL PRODUCTS Jul 26 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.09 -0.37 WTI (Near Mth) 104.70 -0.83 Dubai (1-Mth F) 103.95 0.73 Tapis blend 114.35 0.81 Minas 107.45 0.81 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 97.67 0.56 Jet Kerosene 121.99 0.26 US$/barrel OpecOil Basket70 words
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Article22 2013-07-30 24 Jul 29 S$ Bid Offer 1-month 1.2661 1.2671 2-months 1.2660 1.2671 3-months 1.2661 1.2672 6-months 1.2660 1.2675 Source: OCBC22 words
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Article65 2013-07-30 24 Jul-26 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1750.00 1778.75 3 months 1794.50 1823.50 Copper, Grade A(US$/tonne) Cash 6848.00 6997.00 3 months 6862.00 7015.00 Lead(US$/tonne) Cash 2042.50 2065.00 3 months 2050.00 2071.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.0065 words
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Article121 2013-07-30 24 As at 9am Jul 29 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.197 1.140 Can dollar 1.253 1.205 Euro 1.717 1.636 Sterling pound 1.981 1.905 NZ dollar 1.044 1.004 US dollar 1.289 1.228 Local dollars to 100 units of foreign121 words
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Article159 2013-07-30 24 Jul 29 Jul 29 $S Offer Bid 0vernight 0.12 0.07 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.10 US$ 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 0.65159 words
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PROPERTY
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Article, Illustration1177 2013-07-30 25 Plan to forgive taxes on undeclared dollars to boost property market attracts only US$8.5m in July Bloomberg [BUENOS AIRES] In a region where booming real estate markets have governments from Chile to Brazil to Colombia warning of potential property bubbles, Argentina stands out asBloomberg; PHOTO: BLOOMBERG - 1,177 words
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323 2013-07-30 25 Bloomberg [TAIPEI] Taiwan is considering changes in luxury tax rules to narrow the gap between property prices and incomes amid slower pace of economic expansion. “Current rules have flaws, for example, we are unable to tax those deep-pocket investors, who can wait forBloomberg - 323 words
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Article, Illustration487 2013-07-30 26 They are Broadway Plaza in Ang Mo Kio and a Thomson Imperial Court unit [SINGAPORE] Two pieces of commercial property have come on the market Broadway Plaza via an expressions of interest exercise and a Thomson Imperial Court retail unit by private treaty. Broadway487 words
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Article, Illustration363 2013-07-30 26 ANNABETH LEOW - Sale is still subject to approval by the Strata Titles Board By ANNABETH LEOW HENLEY Industrial Building has been sold at its reserve price of $37 million, or $545 per square foot per plot ratio. CBRE, which handled the sale, announced yesterday that the363 words
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360 2013-07-30 26 Bloomberg [LONDON] UK house-price growth slowed in July as more Britons offered their property for sale and demand cooled at the start of the summer, according to Hometrack Ltd. Average values in England and Wales increased 0.3 per cent after a 0.4 perBloomberg - 360 words
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345 2013-07-30 26 Bloomberg [LONDON] Central London luxury-home values will jump 6 per cent this year, Knight Frank LLP said, revising its estimate that prices would be little changed in 2013. The average price of a house or apartment in the city’s most-expensive neighbourhoodsBloomberg - 345 words
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534 2013-07-30 27 KALPANA RASHIWALA - The drop follows increases of 1.5% in May, 1.9% in April and 2.8% in March By KALPANA RASHIWALA AFTER rising for three consecutive months, NUS’ Singapore Residential Price Index (SRPI) for Central Region (excluding small units) slipped 1.5 per cent in June534 words
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559 2013-07-30 27 Shanghai Greenland says it’s biggest deal of its kind Bloomberg [LOS ANGELES] Shanghai Greenland Group Co, the developer building one of China’s tallest towers, is investing US$1 billion in a downtown Los Angeles project, the latest Chinese builder to venture overseas. Shanghai GreenlandBloomberg - 559 words
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Page 25 Advertisements
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Advertisement90 2013-07-30 25 Artist s Impression n i 33 fi i V' m -V Ms A P E R I A DISTINGUISHED BUSINESS 1 SPACE MINUTES TO CBD I Boon Keng Bendemeer U/C geylang rd BUSINESS 1 SPACE 650.000 sq ft RETAIL SPACE 100.000 sq ft 1Q20U fr 4Q 2013 Lavender Your Enclave90 words
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Page 26 Advertisements
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Advertisement144 2013-07-30 26 The Herencia 46 58 Kim Yam Road ItH'. i f jmjksb Artist Impression www.theherencia.com NEWLY LAUNCH LOR LEASE Office Commercial School Customize Sizes from 350 sqflt to 160,000 sqft Next to Clarke Quay, Robertson Quay and Orchard Road apt i tude 1 real estate advisory pte ltd Agency Licence No.:144 words
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Advertisement211 2013-07-30 26 Introducing Medini Iskandar's FIRST 30-STOREY High-Rise Office Development Beside Afiniti Residences In front of Legoland Hotel Expected T.O.P.: End 2016 99-year lease from T.O.P. Land: 131,000 sq ft (approx.) Exclusive Launch 17th 18th August Goodwood Park Hotel A Tower 1 Fully leased to reputable company for 12 years Average rental211 words
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Page 27 Advertisements
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Advertisement449 2013-07-30 27 INDUSTRIAL SITE FOR SALE Total Site Area: approx. 6 Hectares Zoned B1 Industrial Site in Bedok Land Tenure Balance: approx. 20 Years Permissible Plot Ratio: 2.5 Sub-divisible to 3 Smaller Plots from 150,000 sqft Accessible to Major Expressways via ECP PIE 5-min Drive to Bedok MRT Station To Be Sold449 words
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Advertisement491 2013-07-30 27 www.brlets.com n London leasing experts host lunchtime investor seminar, Friday 2nd August 2013 with private appointments available from 1st 4th August A 4 r Anita Mehra MD and Vidhur Mehra Director of Finance Seminar Topics: Investors Review; London rental market update Hotspots where tenants want to be Realistic rental returns491 words
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Page 28 Advertisements
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Advertisement563 2013-07-30 28 Introducing an exclusive, award-winning residence in the heart of Tokyo THE WESTMINSTER ROPPONGI MM S a is is 3 i 3 IV 3 E r aC-T Vi IS I—, iliiii iliilaA- tJ M (C* irr—u -H Ml H im H 1 I ■r taOrjfe't TP* i u isiis w: eJ563 words
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