The Business Times, 2 August 2013

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Total Pages: 40
1 40 The Business Times
  • 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, August 2, 2013
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  • 830 1  -  It has redefined its investing parameters to react to changing global environment By TEH SHI NING [SINGAPORE] Since April 1, GIC has had more flexibility to actively invest the more than US$100 billion in Singapore’s foreign reserves under its care, guided by a
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  • MARKETS DIGEST
    • 65 1 GST INDEX 3,243.29 (+21.36) GST INDEX FUTURES 3,212.00 (+25.00) GSIMSCI 371.15 (+3.06) GSIMSCI FUTURES 368.60 (+3.10) US$ S$ US$ (S$ per US$) 1.273 (US$/S$ per 1.516 1.929 EURO (US$/S$/€ 1.324 1.685 Foreign currency per US$ S$ YEN 98.60 77.50 RM 3.243 2.548 HK$ 7.755 6.093 BAHT 31.33 24.62 RUPIAH
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    • 48 1 Thursday Change KL COMP 1,777.82 +5.20 NIKKEI 225 14,005.77 +337.45 HANG SENG 22,088.79 +205.13 SET INDEX 1,437.51 +14.37 JAKARTA COMP 4,624.34 +13.96 MANILA COMP 6,661.44 +22.32 SEOUL COMP 1,920.74 +6.71 SHENZHEN B 778.74 +3.06 MUMBAI IND 19,317.19 -28.51 12noon EDT Change DOW 15,622.82 +123.28 NASDAQ 3,664.90 +38.53
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    • 21 1 SINGAPORE MALAYSIA HONG KONG INDONESIA 6.55 TAIWAN INDONESIA 13.349 TAIWAN 5.036 JAPAN 1.475 SWITZERLAND 9.33 INDIA 0.50 Source: Bloomberg
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  • 894 1  -  It is best governed, most transparent listed company By MICHELLE QUAH [SINGAPORE] The Singapore Exchange (SGX) has grabbed the top honours in the Governance Transparency Index (GTI) 2013 being named the best governed and most transparent listed company here for the first time
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  • Page 1 Advertisements
    • 106 1 HOCK LOCK SIEW Another muted quarter likely for palm oil firms PAGE 6 PROPERTY Sold: Grand Park Orchard and The Gallery Hotel PAGES 4 24 ARTS Poking fun at national issues PAGE 38 EXEC LIFESTYLE Shaping future of local cinema PAGES 35 36 BT PROPERTY CLASSIFIEDS BT’s CATS property feature
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  • TOP STORIES
    • 367 2 GIC gets more nimble with new framework SINCE April 1, GIC has had more flexibility to actively invest the more than US$100 billion in Singapore’s foreign reserves under its care, guided by a new investment framework that defines more clearly what drives its risks and returns. FRONT PAGE
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    • 581 2  -  In US$ nominal terms, average return is 6.5%, down from 6.8% By TEH SHI NING [SINGAPORE[ GIC has reported an annualised real return of 4 per cent, over the 20 years till the end of March 2013, slightly higher than the
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    • 580 2  -  By KELLY TAY [SINGAPORE] Singapore’s manufacturing sector continued to outperform its regional counterparts last month, expanding for the fifth consecutive month despite weaker showings across the rest of Asia. But even though the Republic’s purchasing managers’ index (PMI) rose to a two-year high last
      Singapore Institute of Purchasing & Materials Management (SIPMM)  -  580 words
    • 640 2  -  By SIOW LI SEN [SINGAPORE] DBS Group Holdings’ failed bid for Bank Danamon Indonesia Tbk PT will push back its ambitions to expand in the region’s largest country by at least five years. “Danamon makes about $400 million (in profit)... it'd take
      Source: Bloomberg  -  640 words
    • 445 4  -  By LEE MEIXIAN [SINGAPORE] Former World Bank president Robert Zoellick will join the 10-member board of Temasek Holdings from Aug 15. The 60-year-old American, who left his position at the World Bank in June 2012, is the first addition to Temasek’s board
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    • 608 4  -  Ruby Resources said to have paid over $1.1b for the hotel and shops By KALPANA RASHIWALA [SINGAPORE] Grand Park Orchard hotel including its retail podium Knightsbridge are said to have been sold at slightly over $1.15 billion. The freehold property is
      FILE PHOTO  -  608 words
    • 335 4  -  Foreign examples also featured as case studies By MICHELLE QUAH [SINGAPORE] The China Sky Chemical Fibre debacle, the train disruptions for SMRT Corp, the fraud at Daka Designs these are just some of the recent high-profile corporate governance incidents that have been used as
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    • 716 4 AFP [WASHINGTON, District of Columbia] The US Federal Reserve left unchanged near-zero interest rates and its massive bond-buying programme on Wednesday, citing modest growth in the world’s largest economy. Wrapping up a two-day policy meeting, the Federal Open Market Committee (FOMC) said it would continue
      AFP; PHOTO: AP  -  716 words
  • Page 2 Advertisements
    • 558 2 The best pure-play private bank in Asia EFG 0 Bank Asiamoney Private Banking Poll 2012 30 global locations www.efginternational.com KPMId U.S. GAAP versus IFRS: ArlrlU cutting through complexity HOW dOGS it 8ffGCt yOUT bUSiflGSS? Join our upcoming seminar, which will provide a comprehensive comparison and review of important differences between
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  • Page 3 Advertisements
    • 226 3 CELEBRATING tOO YEARS OF SEIKO WATCHMAKING AT LAST, A WATCH THAT ADJUSTS TO ALL 39 TIME ZONES ON EARTH LON UTC PAP? pO*r CUj/ <0 o x o I h <£ v o o Y o o m X m. i <o r <r 7 ss GPS SOLAR V O
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  • Page 4 Advertisements
    • 120 4 the chitecture™ ntuivironment seriBB qP Events For the built Environment F'5= lnterDecAsia2013 interior Decor ft Retrofitting Expo 2013 Asia 2013 International Building Technology Expo PAVING pWAYtoe FUTUHE ©PLIGHT NIG rrr Moving Towards Lkil Future ATING *yg£*“«»a ATING Space Management Utilization Operation ft C Functional ft Capital operate; DECOMMISSION Delivery Management
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  • Page 5 Advertisements
    • 469 5 Forbes r l FORBES GLOBAL CEO CONFERENCE Forbes Global CEO Conference TAKING THE LEAD September 3-5,2013 Bali, Indonesia Confirmed speakers* r AA 1 1 j T v r Steve Forbes Chairman Editor-in-Chief, Forbes Media, USA Muhamad Chatib Basri Minister of Finance, Republic of Indonesia, Chairman, Indonesia Investment Coordinating Board, Indonesia
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  • COMPANY NEWS
    • 841 6  -  Higher loan, deposit volumes partially offset by lower net interest margin By SIOW LI SEN DBS Group Holdings posted a 10 per cent rise in Q2 net profit to $887 million, which came from selling more loans and wealthmanagement products
      FILE PHOTO  -  841 words
    • 486 6  -  By JASMINE NG UNITED Overseas Bank (UOB) said its net profit rose to a record-high for the second straight quarter, driven by increased lending and higher fee and commission income. Second-quarter net profit rose 9.9 per cent to $783 million from $713
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    • 790 6  -  HOCK LOCK SIEW By LEE MEIXIAN A QUARTER later, there is still little change to the fortunes of the palm oil industry. Crude palm oil (CPO) prices in the second quarter of 2013 stayed flat from the first three months, averaging just
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    • 381 6  -  By NISHA RAMCHANDANI PARKWAY Life Real Estate Investment Trust (PLife Reit) has reported a distribution per unit (DPU) of 2.63 cents for the second quarter ended June 30, up 6.1 per cent year-on-year, as distributable income rose to $15.92 million. Gross
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    • 801 7  -  Before non-trading items, net profit is up 63% on higher S’pore revenues By FELDA CHAY A DROP in valuation gains from investment properties led Hongkong Land to a 4 per cent fall in net profit for the first six months of this
      FILE PHOTO  -  801 words
    • 283 7  -  By MINDY TAN FAR East Hospitality Trust (Far East H-Trust) has completed the acquisition of Rendezvous Grand Hotel Singapore and Rendezvous Gallery for $270.1 million. This comprises the purchase consideration of $264.3 million, an acquisition fee of about $2.6 million, and estimated professional
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    • 244 7  -  By JASMINE NG THE Singapore Exchange (SGX) has launched long-dated order types for securities. This allows investors to retain buy or sell orders longer than the usual one day. The change means investors can specify up to a maximum of 30 days for their
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    • 270 10  -  Turnover down 9%, ‘other income’ falls 53%; shipping group maintains cautious outlook By MALMINDERJIT SINGH COSCO Corporation (Singapore) Ltd yesterday posted a 56 per cent decline in its second quarter net profit to $12 million, from $27.6 million during the same
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    • 252 10  -  By CARINE LEE OVERSEAS Union Enterprise Limited (OUE) reported a 36.1 per cent year-on-year fall in second-quarter net profit to $14.55 million despite a 15.8 per cent rise in turnover to $112.03 million. But thanks to its recently listed OUE Hospitality Trust,
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    • COMPANY BRIEFS
      • 67 10 ROXY-PACIFIC Holdings’ net profit for the second quarter ended June 30 grew 10 per cent to $19.53 million from a year ago. Revenue was 31 per cent higher at $68.89 million, up from $52.72 million previously, on higher revenue recognition from its
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      • 70 10 HI-P International turned a net profit of $10.89 million in the second quarter ended June 30. It had registered a net loss of $2.11 million a year ago. Revenue rose 13.2 per cent to $285.05 million from last year, on
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      • 62 10 CHINA Bearing (Singapore)’s net loss widened to 1.68 million yuan ($346,000) in the second quarter ended June 30, from 438,000 yuan a year ago. Revenue grew 36.6 per cent year-on-year to 28.35 million yuan. The group said that the next six
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      • 49 10 PLUTO Rising has given an ultimatum of 81.5 cents for each Viz Branz share. It said it does not intend to revise the final offer price, which was raised from its earlier offer of 78 cents per share.
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      • 77 10 PROPERTY developer Sing Holdings posted a net profit of $10.19 million in Q2, up 7.3 per cent from a year ago, on higher revenue recognition from The Laurels. Sales of the development project’s units drove revenue 39.4 per cent higher to $89.26
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      • 55 10 FIRST Ship Leasing (FSL) Trust has obtained a six-month extension to Dec 31 for its loan covenants. It said it should be able to meet the relaxed financial covenants with the extension, granted on condition of payment of 0.05 per cent of the
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      • 53 10 CHINA Aviation Oil’s net profit for the second quarter ended June 30 fell 6.88 per cent to US$13.4 million from US$14.39 million a year ago due to the lower contributions from its Pudong business. Turnover inched 1.54 per cent higher
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      • 110 10 LIPPO Malls Indonesian Retail Trust yesterday announced that its gross rental income for the second quarter of this year increased 30.2 per cent to $40.1 million, compared with $30.8 million during the same period last year. Its net property income also saw
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    • 292 10  -  By RONNIE LIM SEMBCORP has flashed the green light for its largest en-ergy-from-waste project costing over $250 million on Jurong Island. The company said yesterday that it will build, own and operate the facility which will produce 140 tonnes per hour of steam for
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    • 470 10  -  By MALMINDERJIT SINGH SEMBCORP Marine yesterday posted a 12.5 per cent decline in its second-quar-ter net profit to $124.9 million, from the $142.8 million recorded for the same period last year. The group’s turnover for the three months ended June 30, 2013, also
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  • Page 6 Advertisements
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  • Page 7 Advertisements
    • 282 7 citibank' Citigold Turn risks into potential opportunities. Introducing Portfolio Risk Evaluator. The first tool of its kind that simulates the resilience and performance of your unit trust portfolio through significant economic events. Understanding the risks lets you invest with greater confidence. At Citigold, our expertise brings you closer to your
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  • SINGAPORE MARKETS
    • 617 8  -  But the broad market is mixed at 225 rises to 209 falls; turnover low at $1.1 billion STOCKS R SIVANITHY Senior Correspondent Having dropped 24 points in raised volume of $1.8 billion on Wednesday, the Straits Times Index (STI) rebounded 21.36 points yesterday
      Source: Bloomberg  -  617 words
    • 73 8 Aug 1 VALUE CLOSE BT OB/OS -178.00 +11.00 BT CADI -*****.00 +21.00 BT 10-day MA -*****.00 -17.00 FTSE ST Mid Cap 765.96 +2.60 FTSE ST Small Cap 570.06 +2.06 FTSE ST All Share 793.42 +4.63 FTSE ST China Top 202.70 +1.23 FTSE ST China 232.20 +1.39 FTSE
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    • 56 8 VOLUME HanKore 860,758,000 Oceanus 103,821,000 Albedo 84,524,000 FreightLinks 84,218,000 Golden Agri 74,803,000 Innopac 50,592,000 Rex Intl 49,407,000 SingHaiyi 45,994,000 M Devt 35,220,000 Aussino 31,649,000 VALUE($) DBS Grp 143,502,268 SingTel 74,531,010 HanKore 45,727,692 Golden Agri 39,107,405 Keppel Corp 37,596,460 OCBC Bk 33,040,900 UOB 31,497,440 Rex Intl 29,232,575 HPH
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 4 2 0 0 0 8 4 2 Manufacturing 43 62 27 2 10 12 45 72 39 Commerce 16 23 19 3 3 6 19 26 25 Tpt/Stor/Comms 14 20 8
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    • 123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 16,277 16,277 56,611 56,611 Manufacturing 309,926 56,353 366,279 125,471 3,477 128,948 Commerce 208,057 111,158 319,215 80,372 3,682 84,054 Tpt/Stor/Comms 184,151 20,037 204,188 173,858 7,807 181,665 Finance 74,775 219 74,994 227,091 100 227,191 Construction 93,076 32,943
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    • 900 8  -  Compiled by LYNN KAN DBS Group Aug 1 close: S$17.24 CIMB Research, Aug 1 Q2 2013 beat our S$835 million estimate by 6 per cent, but was in line with consensus. With H1 2013 forming 51 per cent of our FY2013 forecast, our numbers are unchanged. Strong loan
      Source: Bloomberg  -  900 words
    • 113 8 Stock name Close Change CapMallsAsia 1.990 -0.005 CapitaLand 3.270 +0.040 CapitaMall 2.030 CityDev 10.740 +0.110 ComfortDelGro 2.000 DBS Grp 17.240 +0.540 GLP 2.860 +0.020 Genting SP 1.345 +0.020 Golden Agri 0.525 HK Land 6.750 -0.020 HPH Trust US$ 0.760 +0.020 JMH 53.700 -1.030 JSH 34.180 -0.280
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    • 437 8 CURRENCIES Bloomberg [LONDON] The pound yesterday strengthened for the first time in eight days against the euro after the Bank of England (BOE) left monetary policy unchanged and as a gauge of manufacturing rose more in July than economists forecast. Ten-year gilts rose as
      Bloomberg; PHOTO: BLOOMBERG  -  437 words
    • 117 8 BY CENTS CLOSE UP Jardine C&C 4145 113.0 2.8 DBXT E50 10US$ 4462 99.3 1.8 DBS Grp 1724 54.0 3.2 DBXT AUD Bonds 5AU$ ***** 52.5 0.2 UOB 5.05%NCPS 100 ***** 48.0 0.5 STXPO 100 315 43.0 15.8 Hyflux 6% CPS 10 ***** 40.0 0.4 UOB 2180 34.0 1.6
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    • 124 8 BY CENTS CLOSE DOWN Lyxor ThaiSET 10US$ ***** -1390 -8.0 GLD 10US$ ***** -159.1 -1.0 JMH 5370 -131.1 -1.9 DBXT MSJAP 10US$ 4507 -100.5 -1.7 JSH 3418 -35.6 -0.8 IS MS India 100US$ 554 -33.1 -4.5 IS LC BND 100US$ 963 -24.2 -1.9 SPH 417 -22.0 -5.0 DBXT MSKorea
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    • 5 8 DAILY
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  • Page 9 Advertisements
    • 179 9 IU mK j. r-. N V V i m n w p *&> 'V > v- n «HT“. i N t 4r~, S<i *1 I I <R m 6 4k < > V N SI V. «0 V" 4 ki Sr- V fLi/ m* m /n 9 7* x **>
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  • Page 10 Advertisements
    • 288 10 *>*■& v. 1 V t i v <5 > 17 IN CELEBRATION OF SINGAPORE'S HERITAGE of the Tourisr HAPPY NATIONAL DAY This National Day, we have a few ways for you to celebrate the Nation's birthday with exciting culinary offerings at our award-winning restaurants. Enjoy local favourites such as the
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  • GTI 2013
    • 1555 11  -  This year’s Governance and Transparency Index captures how firms are dealing with stricter disclosure and best practice guidelines By LAWRENCE LOH ISABEL SIM Dr Lawrence Loh is associate professor of strategy and policy at NUS Business School and Dr Isabel Sim is senior research fellow
      Source: Centre for Governance, Institutions and Organisations, NUS Business School; PHOTO: ST FILE PHOTO  -  1,555 words
    • 219 11 THE GTI score comprises two components: the base score and the adjustment for bonuses and penalties. Companies can obtain a maximum of 100 points for the base score under four domains: (1) board matters (maximum 35 points); (2) remuneration matters (maximum 20 points); (3) accountability
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    • 3357 12 Governance and Transparency Index 2013 the full rankings RANK 2013 COMPANY NAME BASE GTI SCORE ADJUSTMENTS FOR BONUSES PENALTIES OVERALL GTI SCORE 2013 OVERALL GTI SCORE 2012 RANK 2012 1 SINGAPORE EXCHANGE LTD 89 24 113 105 2 2 SINGAPORE TELECOMMUNICATIONS LTD 83 29 112 111 1 3 KEPPEL CORP
      3,357 words
    • 3459 13 Governance and Transparency Index 2013 the full rankings RANK 2013 COMPANY NAME BASE GTI SCORE ADJUSTMENTS FOR BONUSES PENALTIES OVERALL GTI SCORE 2013 OVERALL GTI SCORE 2012 RANK 2012 326 LEE METAL GROUP LTD 34 1 35 35 268 326 LOYZ ENERGY LTD 35 0 35 26 500 326 LUXKING
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  • Page 11 Advertisements
    • 413 11 A message from UOL Group Limited (“UOL”) to all shareholders of Pan Pacific Hotels Group Limited Delisting of Pan Pacific Hotels Group Limited Shareholders have approved the Delisting Resolution with 99.72% votes in favour of the Delisting Resolution Important Points on the Exit Offer Our Exit Offer Price is S$2.55
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  • SINGAPORE NEWS
    • 526 14  -  H1 survey of ACCA members shows highest level of optimism in 2 years By TEO SI JIA BUSINESS confidence grew in the first half of this year, and the situation is looking up for markets here and around the world, going by the findings
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    • 391 14  -  Much of built stock already in place, says consultancy By ONG CHOR HAO SINGAPORE’S construction sector is expected to grow by 3.5 per cent per year over the next five years, but the pace is gradually slowing. A report on the construction outlook in
      ST FILE PHOTO  -  391 words
    • 447 14  -  By ANNABETH LEOW SEVEN Singapore-based SMEs have made it to Forbes Asia’s “Best Under a Billion” list, up from four last year. Forbes editors selected 200 public companies in the Asia-Pacific with annual revenue between US$5 million and US$1
      447 words
    • 376 14  -  By RONNIE LIM BIOFUELS have become a winner for Finnish refiner Neste Oil. The company with a global stable of renewable fuel plants, including a new $1.2 billion one in Tuas, has reported a second successive quarter of profits in
      376 words
    • 556 14  -  By ONG CHOR HAO THE built environment industry in Singapore is making good progress in the adoption of a building information technology which helps to improve productivity. Around 65 per cent of some 1,000 companies surveyed by the Building and Construction Authority (BCA)
      556 words
    • 333 14  -  By JOYCE HOOI SINGTEL will launch its first cashless service with Visa early next year, as part of its push to grow the contactless-payment market. The service, offered to SingTel’s mCash customers, will enable users to make purchases with smartphones that are
      333 words
    • SINGAPORE ROUNDUP
      • 79 14 EX-MEDIACORP News chief executive Woon Tai Ho has been appointed as director (media marketing) for the National Art Gallery, Singapore. Mr Woon will be responsible for planning, developing and implementing an integrated strategy to promote the brand identity and presence of the visual
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      • 70 14 THE Financial Education Steering Committee (FESC) has started a nationwide financial literacy survey slated to end on Sept 26. It will assess the current levels of financial literacy and well-being among 2,000 Singapore residents across different age groups. FESC will then develop relevant programmes under
        70 words
      • 94 14 A DURACELL campaign by Grey Group Singapore for Procter Gamble International bagged the coveted Grand Prix award at the SPH iink Awards 2013 last night. The marketing communications company was also named iink Creative Agency Of The Year, while OMD Singapore won
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      • 102 14 THE Workforce Development Agency (WDA) yesterday announced a tie-up with The University of Warwick to map its Workforce Skills Qualifications (WSQ) into a postgraduate Masters degree programme. Under the collaboration, eight modules from Warwick’s Master of Science in Engineering Business Management offered exclusively at
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  • MALAYSIA
    • 566 15 Move comes after Fitch cuts its outlook to negative from stable this week Bloomberg [KUALA LUMPUR] Malaysian Prime Minister Najib Razak said that he will announce steps in his budget speech later this year to tackle risks to the fiscal position outlined by
      Bloomberg  -  566 words
    • 513 15  -  Provisions must not limit M’sia’s policy space on this: Miti By PAULINE NG in Kuala Lumpur MALAYSIA intends to hold on to its right to institute capital controls as it sees fit, the Ministry of International Trade and Industry (Miti) said
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  • Page 15 Advertisements
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    • 660 15 Foodjunction FOOD JUNCTION HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****3470N) TO ALL SHAREHOLDERS OF FOOD JUNCTION HOLDINGS LIMITED VOLUNTARY UNCONDITIONAL CASH OFFER (THE “OFFER”) BY DMG PARTNERS SECURITIES PTE LTD TO ACQUIRE ALL THE ISSUED AND PAID-UP ORDINARY SHARES IN FOOD JUNCTION HOLDINGS LIMITED (“FOOD
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  • GREATER CHINA/INDIA
    • 677 16 But HSBC PMI, which concentrates on small firms, falls to 11-month low Reuters [BEIJING] China’s factory activity stayed weak in July as persistent pressure on the economy extended into the third quarter, although bigger firms fared better as the government moved to bolster growth, a
      Reuters; PHOTO: REUTERS  -  677 words
    • 370 16 Bloomberg [NEW DELHI] India’s Cabinet will consider easing some requirements for foreign retailers investing in local supermarkets, according to two government officials familiar with the matter. The amendments are expected to affect rules covering sourcing, infrastructure investment, and store locations, according to
      Bloomberg  -  370 words
  • Page 16 Advertisements
    • 99 16 Mi'] $5 Million National Day Draw Fri, 2 Aug 2013,9.30pm Visit www.singaporepools.com.sg for details. Ip Y(i) Always play with care, [responsibly) Do not bet illegally. RCB Reg No: *****0202G Whereveryouare What I write: Life column Sporting Think column Sports commentaries Every athlete has a tale to tell. Every failure has
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  • Page 17 Advertisements
    • 312 17 KA r w fH'K L hh *1 =s V £T?TlT' a*< STPROPERTY SEMINAR Opportunities Outlook of the Property Market in 04 2013 STRATEGIES TO OVERCOME THE CHALLENGING PROPERTY LANDSCAPE >\ m Under the new Total Debt Servicing Ratio (TDSR) Framework by MAS, the property landscape is getting more challenging For
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  • ECONOMY WATCH
    • 529 18 AFR report cites range of 0.5-1% on protected deposits, set at A$100,000 Reuters [CANBERRA] Australia is considering imposing a new levy on banks for protecting customer deposits as its seeks new revenue to shore up its budget, the Australian Financial Review (AFR) reported
      Reuters  -  529 words
    • 839 18 Bloomberg [WASHINGTON] President Barack Obama has opened up the contest to become the next chairman of the Federal Reserve, adding former Fed vice-chairman Donald Kohn to the list of names he’s considering. At a closed-door meeting with Democrats in the US
      Bloomberg  -  839 words
    • 391 18 Reuters [LONDON] Eurozone manufacturing activity grew for the first time in two years last month as factory output surged, a business survey showed yesterday, suggesting that the region may pull out of recession this quarter. Markit’s Eurozone Manufacturing PMI rose
      Reuters  -  391 words
  • Page 18 Advertisements
    • 1484 18 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF PLD DEOKPYUNG 2 PTE. LTD. (IN MEMBER’S VOLUNTARY LIQUIDATION) (COMPANY REGISTRATION NO. *****1057R) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the
      1,484 words
    • 455 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF RBS ASIA PACIFIC PRIVATE LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****3754G NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at Level 26, One Raffles Quay South Tower Singapore *****3 on
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  • WORLD
    • 667 19 Draghi says monetary policy will support recovery into 2014 Re uters The European Central Bank (ECB) left interest rates at a record low 0.5 per cent yesterday and affirmed that they will remain there for some while to come and could yet
      Reuters  -  667 words
    • 624 19 Reuters [NEW YORK] Goldman Sachs’ effort to diffuse intensifying pressure over its commodity business by throwing open its metal warehouse doors likely comes too late to head off further scrutiny of Wall Street’s commodity trade. Two weeks of escalating criticism of banks that
      Reuters; PHOTO: REUTERS  -  624 words
    • 424 19 ¥[FRANKFURT] LATEST US DATA Bloomberg AP [WASHINGTON] Manufacturing in the US expanded at the fastest pace in more than two years as orders and production jumped, indicating more factories were growing optimistic about the second half of the year. The Institute
      Bloomberg; AP  -  424 words
    • 910 20 Banks, card issuers seen losing billions in revenue over disputed fee cap Bloomberg [WASHINGTON] Large banks face losing billions of dollars in revenue as a result of a US court ruling which concluded that the Federal Reserve’s 2011 limits on
      Bloomberg; PHOTO: BLOOMBERG  -  910 words
    • 857 20 Its market share in H1 triples as its ratings beat rivals’ NYT [NEW YORK] Five years after inflated credit ratings helped touch off the financial crisis, the United States’ largest ratings agency, Standard Poor’s, is winning business again by offering more favourable
      NYT  -  857 words
    • 668 20 AFP [NEW YORK] Social networking giant Facebook has finally climbed out from the wreckage of its much-hyped but quickly panned stock market debut more than a year ago. The company’s shares traded slightly above their initial US$38 public offering price for the first time
      AFP  -  668 words
    • 655 20 AFP [WASHINGTON] The multi-billion-dollar global energy drink industry joined forces on Capitol Hill on Wednesday to fight off growing claims that their caffeine-rich products are hazardous to young people’s health. Senior executives from Monster Beverage, Red Bull and Rockstar told the
      AFP; PHOTO: BLOOMBERG  -  655 words
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  • Page 20 Advertisements
    • 434 20 NOTICES l IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AVI HOLDINGS PRIVATE LIMITED (In Members’ Voluntary Liquidation) Reg No. *****2589E NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 21 Collyer Quay, #09-01 HSBC Building,
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    • 479 20 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CARD CENTRE ASSET PURCHASE COMPANY PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****1946C) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which is being
      479 words

  • Page 21 Advertisements
    • 315 21 THE STRAITS TIMES WHEREVER YOU ARE (5r V is F r i > 4 r r _k 4 STAY INFORMED ON WHAT MATTERS MOST GRAB THESE FABULOUS GIFTS when you Subscribe to The Straits Times. Select o Plan and pick your gift! 3-Year Rian 3-Yeor Plan is exclusive to new
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  • EDITORIAL & OPINION
    • 509 22 EDITORIAL THE issue of selective disclosure is presently receiving heightened scrutiny in Australia, following allegations that gold mining firm Newcrest Mining tipped off a small group of investment bank analysts that it was about to make a large write-down before the actual announcement of
      509 words
    • 817 22  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group IF nothing else, Detroit’s bankruptcy marks the symbolic closure of an era when heavy industry dominated the American economy and, through its factories, the United States dominated the world. We think
      The Washington Post Writers Group  -  817 words
    • 982 22  -  Breathing life into subsidiarity and proportionality would not be a complete solution REUTERS BREAKINGVIEWS By HUGO DIXON THE European Union (EU) is facing a crisis of legitimacy. This is evidenced in a decline in support for the EU among citizens in pretty much every member country.
      PHOTO: REUTERS  -  982 words
    • 1837 23 The new framework includes capabilities in public and private markets and presence in all major geographies A DECADE after the last major review (of its investment approach), GIC embarked on a fresh review in 2012. This focused on its core strengths and capabilities that would enable
      PHOTOS: BLOOMBERG  -  1,837 words


  • PROPERTY
    • 582 24  -  Ngo family tipped to be selling the 223-room freehold asset to RB Capital By KALPANA RASHIWALA THE freehold Gallery Hotel in the Robertson Quay area is understood to have been sold for slightly over $230 million, or just over $1 million per
      PHOTO: ARTHUR LEE  -  582 words
    • 347 24  -  Firm drops plans for Westgate after strategic review By JASMINE NG CAPITALAND Group will relocate all its business units to the company’s headquarters at Capital Tower, instead of Jurong Gateway as it previously announced. Employees will be relocated to the office tower
      347 words
    • 857 26  -  Before the starchitect, there was Natalie de Blois, whose suave buildings of the ‘50s still stand elegantly today By DAVID DUNLAP NYT [NEW YORK] In architecture’s “Mad Men” era, there was a woman. Almost invisibly in her own day, Natalie de Blois, of
      NYT; PHOTO: NYT  -  857 words
    • 435 28 Buyers don’t expect govt to tighten market further, push home values lower Bloom berg [SHANGHAI] China’s new home prices jumped this month by the most since December as buyers don’t expect the government to tighten the property market further and push
      Bloomberg  -  435 words
    • 432 28 Hotel offers inflated, see-through room for US$50k a night AP [DENVER] For a limited time, a Denver hotel is offering a package with a one night stay in a pop-up, inflatable room that rises 6.7 metres in the air, thanks to a scissor lift
      AP; PHOTO: AP  -  432 words
    • 225 28 Bloom berg [HONG KONG] Shun Tak Holdings Ltd, the company founded by gambling billionaire Stanley Ho, is planning to build a hotel-to-of-fice complex on an island next to Macau. The Hong Kong-based company won a bid for a site in Hengqin for
      Bloomberg  -  225 words
  • Page 24 Advertisements
    • 514 24 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D01 HOUSE FOR SALE SENTOSA SOUTH COVE Modern Villa 8100/*****sqft 6+1rms Basement. Pte Berth. Best Waterway view! Pool, Gazebo, Lift. Also for Rent! Call Veronica 9455 0898 DTZ D10 HOUSE FOR SALE BELMONT ROAD Sheer luxury GCB. *****/ ***** sqft 5+1 rms,
      514 words
    • 130 24 D19 HOUSE FOR SALE CHARTWELL DRIVE Beautiful bunglw in Chartwell Drive S’goon Gdns 3sty 6rm 5bath Park 3 cars $5.95M neg *****128 D19 HOUSE FOR SALE INTERMEDIATE TERRACE Good buy! Prime Area! Near Bartley MRT. 99 yrs, 3 sty Inter-terr. Land 1614/ 2543 sf. 4 bdrm, 4 bath. D19 HOUSE
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  • Page 25 Advertisements
    • 389 25 D20 HOUSE FOR SALE THOMSON HILL ESTATE 6198 sqft, Cul-de-sac. Peirce reservoir/ Jalan Leban eateries. High ceiling. Lovely patios. Manicured garden. 5+1. Pls call 9325 5000 D20 HOUSE FOR SALE THOMSON New listing 2-storey semi-detached 4+1 rooms. Land 3675 sqft. Freehold. Move-in condition. Near CHIJ St Nicholas. D23 HOUSE FOR
      389 words
    • 174 25 D04 APARTMENT FOR SALE CORALS KEPPEL BAY Corals at Keppel Bay. Limited 1/ 2/ 3/ 3D/ 4/ 4D bdrm penthouse. Rare 366 units! Waterfront living. Near Sentosa Harbourfront. D05 APARTMENT FOR SALE FOLIAGE Penthse 1690 sqft. F’hold. $1108 psf ($1.86M). Tastefully Reno. Near NUS/ NUH Science Park. Annie Quek 8100
      174 words
    • 174 25 D10 APARTMENT FOR SALE DUCHESS CREST Sat 4-6pm Rare 2-bedroom. 936 sqft. Quiet. Mins to good schs/ MRT. $1.48M only! KC 8468 3636 D10 APARTMENT FOR SALE FOUR SEASONS PARK Open House Sat/ Sun. Four Seasons Park, 2153 sf, 4+1. Freehold. #2. Good condition. MRT. Best Vacant. Lim PL 9007
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    • 177 25 D12 APARTMENT FOR SALE RIVERSIDE MELODIES Riverside Melodies St. Michael’s Road. 4 bdrm. Freehold. Move-in soon. Good Layout, Windy. Joy Chan 9383 7208 D14 APARTMENT FOR SALE CENTRA STUDIOS Freehold. 2mins to Aljunied MRT. Pool and Gym 1) 1+study+balcony. 463 sqft. $730K. Good buy 2) Suites@ Sims. 2 rms+balcony. 560sqft.
      177 words
    • 166 25 D16 APARTMENT FOR SALE THE GLADES Tanah Merah Launching 1/2/3/4 rm, SOHO, Dual Key, Penthse. Call for floor plan/ price. Project video: www.PropertyFishing.com D17 APARTMENT FOR SALE LOYANG VALLEY Loyang Valley 1850 sqft. Garden view. N.S. facing. Direct access. Valuation $1.45M Serious seller! Louis Tham 9022 6188 D17 APARTMENT FOR
      166 words

  • Page 26 Advertisements
    • 472 26 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WAT>i D22 APARTMENT FOR SALE LAKEPOINT CONDO Lakepoint Condo, 3+1, Mais, 1883 sf, unblock, windy, near Canadian school, please call 9009 1821 A Y Lim D10 HOUSE FOR RENT OEI TIONG HAM 2-storey bungalow. Excellent location. 3+1 bdrms. 10,060sqft. F/furn. $16.5K. Christina
      472 words
    • 121 26 D14 APARTMENT FOR RENT WATERBANK AT DAKOTA Waterbank. Best stack. Top floor 3-bedroom. Partially furnished. All rooms sea view, unblocked. $6000. Chiang Ming Yu 9459 8108 D15 APARTMENT FOR RENT JERSEY LODGE Telok Kurau Lorong J, Jersey Lodge Apartment For rent. 3+1 with 3 bathrooms, 1163sqft. Partial furnished. Available fr
      121 words

  • Page 27 Advertisements
    • 378 27 D16 APARTMENT FOR RENT CASCADALE Cascadale. 1615 sqft. 2+Study. Very Spacious. Near Singapore Expo/ Changi Biz Hub Int’l Schs. Avail Immed. Also for Sale. JJ 9101 1357 D07 OFFICE FOR SALE THE ADELPHI Office 999 yrs. City Hall Mrt, high flr 1442-2842sf IR view avail. Just vacant. Joe 9278 8188
      378 words
    • 185 27 D14 FACTORY FOR SALE GEMINI SIMS Discount 5+5%! Fr $686psf! Gemini Sims Freehold B1 Industrial Devt. Direct access units fr 2,422sqft. Aljunied MRT. 9791 7227 OrangeTee D14 FACTORY FOR SALE GEMINI SIMS Freehold! Gemini Sims (B1 Industrial). From 2422 sf. Ramped up. Near MRT. Good investment! Judy Ong 9383 6361
      185 words
    • 242 27 D20 SHOP FOR SALE ANG MO KIO CENTRAL AMK 710/ 710A. Just across MRT. Good human traffic. NO Additional Buyer’s/ Seller’s Stamp Duty 505 sf, $3.588M. 1300 sf, $8.18M. 9876 8870 D22 FACTORY FOR SALE ECO TECH PIONEER $5xxK! Eco Tech Pioneer. B2 Light industrial. Ramp-up unit, 20ft. Lifestyle facilities.
      242 words
    • 262 27 D03 OFFICE FOR RENT CENTRAL PLAZA Tiong Bahru MRT, fringe of CBD. 6108 3084 sqft. Good corp image. Call Lee Chuan Boon 9633 6853 D07 SHOP FOR RENT JALAN SULTAN Cafe for Takeover Low fees at Jalan Sultan. Available immediate. Please contact 9783 4835 D09 SHOP FOR RENT LUCKY PLAZA
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    • 182 27 D27 OFFICE FOR RENT WOODLANDS BIZ HUB Woodlands Biz Hub. Bare unit, column free. Sea view! 1399 sqft. Rent neg!!! 9229 5675 Lawrence, ERA FOREIGN PROPERTY FOR SALE BAYOU WATER VILLAGE, MALAYSIA In JB, 2-storey terr with gdn, very well renovated, sell as showroom, 2-tier security, future proposed Gelang Patah
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  • Page 28 Advertisements
    • 392 28 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements ■O T Compact 1 Bdrm Units from 419sqft Foong Be 9682 6664 CEA Reg. No.: R*****3H Easy access to CBD, MBS, Sentosa, Orchard Shopping Belt itM Jason Ng 9632 4153 CEA Reg. No.: R*****2E Multitude of Entertainment Leisure Amenities Amanda Lau 9785
      392 words
    • 41 28 Jgjv 8 Farrer Suites ft Freehold/ Foreigners eligible. Within 2 mins walk to MRT. Near shopping mall. Central location. Efficient layout. 2/3 bedroom from $9xxk All bedrooms come with bathroom High rental yield. Huttons Good investment. '“'SS* Selina Tay 9128 7675
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  • AVIATION/SHIPPING
    • 722 29  -  Groundhandler has also channelled funds towards new equipment, training By NISHA RAMCHANDANI [SINGAPORE] In the last year and a half, groundhandler Dnata Singapore has rebuilt its management team and invested some $15 million towards enhancing its operations here. And more investments are expected
      722 words
    • 800 29 AFP [HEXIGTEN, China] Buzzing like an oversized electric razor, hairdresser Wang Qiang’s home-made airplane skids over grassland before soaring into a vast blue sky, in a rare flight allowed by Chinese authorities. Mr Wang spends his days trimming and shaping at a hair
      AFP; PHOTO: AFP  -  800 words
    • 220 29 SGX '000 Aug 1 S$ +/-Vol Chuan Hup Hldg 0.26 0.01 10 '000 Aug 1 s$ First Ship Lea Vol Freight Links Grand Banks..............unch unch 0 Jaya Hold Ltd K1Ventures 0.18 unch 409 Keppel Corp 10.41 0.06 3616 Mercator Lines 0.10 unch 79 Cosco Corp 0 75 Pan-United
      220 words
    • 389 29 AFP [TOKYO] Japan Airlines (JAL) announced on Wednesday that its net profit in the April-June quarter dropped 31.9 per cent to 18.33 billion yen (S$236.3 million), after rival All Nippon Airways reported a loss on soaring fuel costs. JAL, which re-listed its shares in
      AFP  -  389 words
    • 252 29 Bloomberg [DUBLIN] IDA Ireland, charged with winning overseas investment for the country, is backing plans to develop a shipping-fi-nance centre in Dublin, bidding to emulate the city’s position as an international aviation leasing hub. A company called ISSC Dublin Ltd said
      Bloomberg  -  252 words
  • Page 29 Advertisements
    • 147 29 This hotsite great and is packedwith travel news deals! Download the sgtravellers app now! YOUR CHANCE TO BAG A FREE HOLIDAY! Download this app from the Apple App Store or the Android Playstore NOW and you could win one of these fabulous prizes: 10 pairs of Tigerair tickets to 5
      147 words

  • 2502 30 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 NOU SUVA BUS
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  • Page 30 Advertisements
    • 43 30 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES Shipping Times
      43 words
    • 18 30 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE the business times Shipping Times
      18 words

  • Page 31 Advertisements
    • 80 31 Importers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES Shipping Times SpotlightAward Wins Recognition Come publicise your Award Wins Recognition, Ship Christenings Delivery of New Builds, Project Completion, Vessel Conversion Refurbishment, and Company Anniversaries.
      80 words
    • 1 31 E
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  • SINGAPORE STOCKS
    • 3067 32 Transaction date: Aug 1 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 11.5 7 AEM --AAT C'vr 188 106 AIMSAMPIReit 160.5cd +1.5 486 161.5 159
      3,067 words
    • 272 33 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale ('000) High Low Buyer Seller C’vr P/E Smil 1-1.5
      272 words
    • 11193 33 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.13/ Aberdeen Asset Mgt Asia Limited Global Emerging Markets!** Asian Smaller Cos!” 1.9486/ EM local Cty Bond .0.9391/ European Opportunities!" 1.2262/ Global Emerging Markets!” Global Opportunities/”
      11,193 words
    • 245 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 31 Genting HK US$ US44.5 +0.5 7603 45 44 44.5 45 2930.1 Sale 260 191 TanChongInt HK237 221 236 4.3 3 8 4772.9 DISCLAIMER: All
      245 words
    • 893 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF Last 143 120.4 CIMB APAC Div 100S$D 134.5 +6.8 1 134.5 134.5 133.8 134.7 114.4 99 CIMB APAC Div 100US$
      893 words


  • FINANCE & COMMODITIES
    • 622 34 Aug 1 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.50 *****.77 *****.61 Sep13 *****.00 *****.00 *****.00 *****.00 *****2 *****5 Dec13 *****.00 *****.00 *****.00 *****.00 2 ***** MSCI TAIWAN INDEX FUTURES SPOT 287.42 287.42 284.67 Aug13 283.80 285.70 282.30 283.30 ***** *****1 Sep13 282.60
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    • 373 34 In local curr In S$ In US$ dy yr dy yr dy yr Jul 31 Index Change Change Change Change Change Change World Preliminary 1086.5 0.2 15.8 0.4 17.8 0.1 13.0 EAFE Preliminary 879.5 -0.1 13.5 0.0 12.1 -0.3 7.5 Europe Preliminary 1260.5 0.4 9.9
      373 words
    • 471 34 Aug 1 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.924 5.498 0.678 6.957 54.482 92.239 0.885 10.079 2.909 1.128 91.288 39.080 1.142 8.893 0.835 26.956 28.105 0.592 0.897 Canada 1.082 5.949
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    • 53 34 Aug 1 (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$) 1 mth 1 mth 2 mths 2 mths 0.***** 9 mths 6 mths 12 mths 9 mths
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    • 92 34 Aug 1 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 19-Sep-13 0.26 6-Month BS*****N 24-Jan-14 0.28 1-Year BY*****H 02-May-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 100.05 100.12 100.09 5-Year N*****0T 0.5
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    • 135 34 Aug 1 GOLD(US$/oz) Aug 01 Jul 31 Hong Kong 1327.00 1340.00 Jul 31 Jul 30 London 1309.22 1324.61 1310.09 1325.45 Source: Thomson Reuters CAST BAR Aug 01 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 122 54 5gm 347 271 10gm 619 542
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    • 57 34 Aug 1 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 13 2270.0 2293.0 2290.0 2270.0 21 1077 Sep 13 2266.0 2266.0 2284.0 2251.0 1776 ***** Oct 13 2236.0 2236.0 2262.0 2222.0 ***** ***** Nov 13 2230.0 2229.0
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    • 156 34 Aug 1 Aug Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1415 1.1420 0.8970 0.8971 Canadian dollar 1.2349 1.2359 0.9709 0.9704 Euro 1.6842 1.6849 1.3234 1.3236 NZ dollar 1.0118 1.0128 0.7951 0.7956 Sterling pound 1.9285 1.9296 1.5154
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    • 121 34 As at 9am Aug 01 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.166 1.111 Can dollar 1.259 1.211 Euro 1.730 1.648 Sterling pound 1.965 1.890 NZ dollar 1.035 0.996 US dollar 1.297 1.236 Local dollars to 100 units of foreign
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    • 154 34 Aug 1 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ 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 0.50 0.30 9 months 0.60 0.40 12
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    • 1096 34 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 4.5 0.0 5 -43 59 Asia-Pacific Strategic W*****6 0.1 1 123 1315 87.00 9 Ratio Acma Ltd W*****7 Price Albedo Limited W*****9 Disc Ascendas Reit MB ECW*****3 3.2
      1,096 words
    • 109 34 Jul 31 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 13 1374.00 1350.00 1375.50 1343.50 Sep 13 1249.75 1249.00 1253.75 1237.25 Nov 13 1206.25 1203.00 1211.50 1194.25 Jan 14 1211.00 1208.00 1216.50 1199.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Aug 13
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    • 95 34 Jul 31 COCOA (£/tonne) Close Prev High Low Sep 13 1572 1555 1575 1547 Dec 13 1562 1547 1564 1537 Mar 14 1552 1541 1555 1530 May 14 1553 1544 1555 1532 COFFEE(US$/tonne) Close Prev High Low Jul 13 1842 1842 1842 1842 Sep 13 1873 1876 1883 1861
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    • 70 34 CRUDE OIL PRODUCTS Jul 31 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.20 0.23 WTI (Near Mth) 105.16 2.08 Dubai (1-Mth F) 102.67 -1.06 Tapis blend 112.71 -1.25 Minas 105.41 -1.25 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 96.83 -0.73 Jet Kerosene 121.48 -0.52 US$/barrel OpecOil Basket
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    • 22 34 Aug 1 S$ Bid Offer 1-month 1.2726 1.2730 2-months 1.2725 1.2730 3-months 1.2726 1.2731 6-months 1.2725 1.2733 Source: OCBC
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    • 66 34 Jul-31 Jul-31 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1757.25 1729.00 3 months 1804.00 1776.00 Copper, Grade A(US$/tonne) Cash 6872.50 6725.00 3 months 6880.00 6735.00 Lead(US$/tonne) Cash 2058.00 2019.00 3 months 2070.00 2030.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.50 3 months
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  • executive lifestyle
    • 729 35  -  A new wave of Singapore filmmakers are leaving their mark here and overseas. NATALIE KOH profiles three of them NATALIE KOH AT a glance, local filmmakers Chai Yee Wei, Wong Chen-Hsi and Anthony Chen may look like they come from different schools of filmmaking with
      729 words
    • 795 35  -  CHAI YEE WEI ITH some directors think Quentin Tarantino and Woody Allen, for example you’d know what to expect. But not Chai Yee Wei. His latest film, a rom-com titled That Girl In Pinafore, which opened yesterday, is a far cry from
      795 words
    • 699 35  -  ANTHONY CHEN HAVING a local film win an award at the Cannes Film Festival might be one of the proudest moments for Singapore cinema but for all its glitz and prestige, the Camera d’Or prize for Best First Film Anthony Chen received for
      699 words
    • CINEMA/COVER STORY
      • 659 36  -  The Reluctant Fundamentalist makes for compelling viewing, says GEOFFREY EU THE Reluctant Fundamentalist is a powerful but clumsy political thriller about the choices and challenges facing a conflicted young man, torn between a sense of loyalty to his Muslim heritage and a desire to
        PHOTO: BLOOMBERG  -  659 words
      • 564 36  -  By GEOFFREY EU SOMETIMES, movie stars just wanna have fun. RED 2, an action-comedy with a crop of award-winning thespians in throwaway roles, is a guilty pleasure that offers humour and violence in equal measure and lightweight form with predictably mixed
        564 words
      • 700 36  -  WONG CHEN-HSI By NATALIE KOH EVEN though local filmmaker Wong Chen-Hsi spent more than a third of her life in Los Angeles, the 35-year-old never saw the need to exotic-ise herself as an Asian-Ameri-can for the sake of her art. “I loved the
        700 words
    • ARTS
      • 632 37  -  The elite Arnoldii Art Club tells you everything you want to know about art and can afford to ask. HELMI YUSOF has the details HELMI YUSOF RICH and clueless about art? Help is on the way and at a reasonable price
        632 words
      • 516 37  -  By CHEAH UI-HOON WITH 29 years of experience in children’s theatre under its belt, Singapore’s oldest professional drama company Act 3 Theatrics intends to switch its focus from producing children’s theatre to helping children write and produce their own productions. Founder R
        516 words
      • Around Town
        • Article, Illustration
          151 37 Hossan-ah! Celebrating 20 Leong Years!: The ever-youthful Hossan Leong (right) celebrates two decades of showbiz with this musical performance of some of Singapore’s most beloved songs, as well as a few new song mash-ups. Guaranteed to take you down memory lane. From tonight to Aug 4, 8pm, Drama Centre
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        • 69 37 Melbourne International Comedy Festival Roadshow 2013: For a bucket of laughs, check out the festival roadshow that returns with a selection of Australian and international comedians in a show the promises “all killer, no filler” stand-up routines. Tickets are going fast. Presented by The Substation. Till Aug 4. Fri,
          69 words
        • 147 37 Ladies’ Night at L’Atelier de Joël Robuchon:Wednesdays will be getting a touch more luxe from this month on as L’Atelier de Joël Robuchon introduces an exclusive ladies’ night promotion every Wednesday. Catch up with your girlfriends over a four-course French set dinner with an unlimited flow of sparkling wine
          147 words
      • 552 37  -  By HELMI YUSOF DEATH and illness are not subjects one likes to think about especially when it involves one’s family members. But that makes Jean Tay’s acclaimed play Everything But The Brain all the more compelling as it tackles the semi-taboo topic with near-equal
        552 words
      • 1039 38  -  In conjunction with National Day next week, BT looks at a line-up of plays and art exhibitions that celebrate local artists this month By CHEAH UI-HOON WITH National Day around the corner, it’s the time of the year when theatre companies put on works that
        1,039 words
      • 993 38  -  By HELMI YUSOF FROM photographs by famous shutterbugs at bargain prices, to gorgeous landscape paintings by Singapore’s second-generation masters, to conceptual art by contemporary daredevils, there’s enough good local art this August to satisfy the patriot in you. First off are the snapshots of
        993 words
    • FOOD/WINE/DESIGN
      • 758 39  -  Joseph Lee gave up a 22-year engineering career to start a bakery, putting out traditional loaves with a twist, reports TAN TECK HENG reportsTAN reportsTAN TECK HENG EIGHT years ago on a Sunday morning, engineer Joseph Lee found love in Vietnam, but
        PHOTOS: JOSEPH NAIR  -  758 words
      • 1280 39  -  By N K YONG THE past week has seen (almost) a surfeit of riches it isn’t often that I have had the good fortune to drink so many different whites, and even rarer to drink whites from varietals other than Chardonnay. And in the case
        PHOTOS: NK YONG  -  1,280 words
      • 552 39  -  By TAY SUAN CHIANG TO bosses out there, if your staff are looking less than happy at work, it could be because of several reasons: a heavy workload, a numeration package that could be (a lot) better, uncooperative colleagues, or
        552 words

  • Page 36 Advertisements
    • 60 36 TheULTIMATE Tech Lifestyle Show NEW! Book Now *Limited Booths Available! For more information, Call 6747 4620 or Email: sales@exhibitsinc.com.sg EXCLUSIVE SHOW OFFERS, NEW PRODUCTS, GREAT BARGAINSAND HUGE SAVINGS FOR PERSONAL, BUSINESS OR HOME Organised By: (ORGANISER OF IT SHOW, FOOD BEVERAGE FAIR, COMEX, WORLD FOOD FAIR AND CONSUMER ELECTRONICS EXHIBITIONS)
      60 words
    • 18 36 A NIGHT TO REMEMBER Two winners at this year’s Integration Cup and Integration Night GET YOUR COPY TODAY
      18 words

  • Page 37 Advertisements
    • 69 37 ASIA ART COLLECTIVE nr www.asiaartcollective.com Reminiscence: Scenes of the Past (from now till 21 August 2013,10.30am 7pm daily) Opening Hours: 10.30am 7pm daily A fine selection of artworks by LimTze Peng Peh Eng Seng (SSiS) and 19 Tanglin Road, #03-42 Tanglin Eng SiakLoy (iatiT-l) is available for sale now. Please
      69 words


  • Page 39 Miscellaneous
    • 342 39 CRYPTIC CROSSWORD Across 1 Morning-after-the-night-be-fore feeling’s beginning for George in German city (8) 5 Preach a sermon to show up tot after beer, perhaps (6) 8 Go about two (6) 9 Stu tried to remove debris (8) 10 Eavesdrop with one good man being framed by Soviet leader (6,2) 11
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  • Page 40 Advertisements
    • 293 40 Best of Both Worlds humanc«P,TA L PEOPLE I NETWORK AND BE INSPIRED AT «ig on X. Ix'x FOR ASIA I ASIA'S LEADING HUMAN CAPITAL EVENT S 'J TE^ i', cnaaaaa THE BUSINESS TIMES SUBSCRIBE TODAY BBT ONLINE BBT HOME DELIVERY The Business Times Raffles Conversation ~r k -1* Mil The
      293 words