The Business Times, 13 August 2013

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Microfilm: NL32678
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Tuesday, August 13, 2013
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  • Article, Illustration
    Lock icon Services prop up GDP amid trade slump
    846 1  -  Trade forecasts slashed, but booming services sector is keeping GDP growth on right track By TEH SHI NING [SINGAPORE] Singapore yesterday cut its 2013 trade forecasts, a weekend after raising its full-year GDP growth projection. Non-oil domestic exports (NODX) are now expected to
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,232.24 (+2.33) GST INDEX FUTURES 3,216.00 (+8.00) HSIMSCI 368.45 (-0.20) ESIMSCI FUTURES 366.20 (unch) US$ S$ US$ (S$ per US$) 1.262 (US$/S$ per 1.547 1.952 EURO (US$/S$/€ 1.331 1.679 Foreign currency per US$ S$ YEN 96.80 76.70 RM 3.248 2.573 HK$ 7.755 6.145 BAHT 31.20 24.72 RUPIAH
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    • Article
      Lock icon MARKETS
      47 1 Monday Change KL COMP 1,784.57 +5.25 NIKKEI 225 13,519.43 -95.76 HANG SENG 22,271.28 +463.72 SET INDEX Closed JAKARTA COMP 4,597.78 -43.00 MANILA COMP 6,443.81 +39.58 SEOUL COMP 1,884.83 +4.12 SHENZHEN B 815.83 +11.33 MUMBAI IND 18,946.98 +157.64 12noon EDT Change DOW 15,418.28 -7.23 NASDAQ 3,669.18 +9.07
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    • Article
      Lock icon PRIME RATES
      19 1 SINGAPORE 5.38 MALAYSIA 6.55 TAIWAN 5.00 JAPAN 13.481 TAIWAN 5.036 JAPAN 1.475 KOREA INDIA BRITAIN Source: Bloomberg
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  • Article, Illustration
    Lock icon Yield-seekers take offshore hospitality route
    786 1  -  Sale-and-leaseback properties offer 6% guaranteed returns By NG ZHUO YANG [SINGAPORE] As the Singapore real estate investment scene gets more challenging, potential investors here are eyeing offshore sale-and-leaseback properties in the hospitality sector. In recent months, many yield-hungry investors have been turning towards these investments,
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  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      198 1 SME Inc Family bonds at Canary Diamond PAGE 12 AVIATION Upgrade at Seletar Airport to cater to rising business traffic PAGE 19 HOCK LOCK SIEW Making sure fair-value reporting is fair PAGE 5 EMERGING ENTERPRISE Infracomms: One-stop shop for telecom solutions PAGE 10 *****4 TUDOR HERITAGE CHRONO BLUE Self-winding mechanical
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  • TOP STORIES
    • Article
      Lock icon Some StarHub fans may not get connected to EPL in time
      443 2  -  SingTel cross-carriage orders still not received yesterday, says rival By LEE U-WEN [SINGAPORE] The new English Premier League (EPL) season kicks off this Saturday, but some fans hoping to catch the opening day’s action on their StarHub set-top box
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    • Article, Illustration
      Lock icon MAS: Most big borrowers have good incomes
      468 2  -  They are less likely to default given larger asset buffer By LEE U-WEN [SINGAPORE] Most heavy borrowers in Singapore have above-average income levels and, as such, are less likely to default on their loans, said Monetary Authority of Singapore (MAS) board member Lawrence
      468 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      564 2 Services prop up GDP amid trade slump SINGAPORE yesterday cut its 2013 trade forecasts, a weekend after raising its full-year GDP growth projection. Non-oil domestic exports are now expected to grow no more than one per cent for the year, though the Ministry of Trade and Industry expects
      564 words
    • Article, Illustration
      Lock icon Dark clouds linger on trade horizon
      560 4  -  IE S’pore points to continued though smaller declines in NODX and total trade in Q2 By CHUANG PECK MING [SINGAPORE] Even as the economy is looking up, thanks to a strong showing by domestic services, the official full-year growth forecasts for total trade and
      Source: IE S’pore  -  560 words
    • Article
      Lock icon A case of lowskilled men over machines
      560 4  -  Firms pick foreign workers, sacrificing productivity: study By KELLY TAY [SINGAPORE] Manufacturing firms in Singapore relied on low-skilled foreign workers as substitutes for machinery between 2003 and 2008, sacrificing productivity levels in the process, according to a study. The Ministry of Trade and
      560 words
    • Article, Illustration
      Lock icon Japan’s Q2 growth shy of expectations
      747 4  -  Sluggishness casts doubt over whether PM Abe can push through tax hike By ANTHONY ROWLEY in Tokyo JAPAN’S economy grew somewhat slower than expected in the second quarter of this year, casting uncertainty over whether Prime Minister Shinzo Abe will be able to press
      PHOTO: BLOOMBERG  -  747 words
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      4 2 REAL WORLD. REAL LEARNING
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      379 2 Navigating through the Accounting and Treasury Landscape How do I stay ahead of the accounting developments and evaluate the implications of my investing, financing and risk management decisions? Join us at PwC accounting and treasury workshop! We can help you to: focus on the critical changes in financial reporting standards;
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      192 3 V- K m /j vv\ N "K V (•■iff vv X t -<5>* f' ms V'VVS 4B HM m ?!Zf tmmmm mmm y* HHi .v* asa f f Iff lit V/' IMJ iV w Hi v a ip ***** yy itijVite til 1 111 H ■jf) m winm ti il
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Making sure fair-value reporting is fair
      919 5  -  HOCK LOCK SIEW By MICHELLE QUAH WHOPPING 82 per cent of assets on companies’ balance sheets these days are based on estimates, says a study by KPMG in Singapore published last week. The finding begs two crucial questions: (1) given their extensiveness, what can
      Source: KPMG  -  919 words
    • Article
      Lock icon Pay disclosure by listed firms not ideal
      548 5  -  Freshwater faults SGX’s inconsistent approach in tackling recalcitrants By SIOW LI SEN THE rate of pay disclosure of the top executives of listed companies has stalled, even as the deadline to comply with stricter disclosure rules approaches. Pay consultant Freshwater Advisers, in a
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    • Article, Illustration
      Lock icon Ho Bee’s profit lower in Q2
      497 7  -  Firm cites higher revenue recognition from development properties last year By KALPANA RASHIWALA HO BEE, which posted weaker second-quarter net earnings, said that rental income from its Metropolis office development in Singapore, along with a completed London office development it bought earlier this year,
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    • Article
      Lock icon Del Monte Pacific Q2 profit up 2%
      332 7  -  By ANDREA SOH DEL MONTE Pacific Limited’s earnings grew 2 per cent in the second quarter, despite a higher rise in revenue, as one-off dual listing expenses and unrealised foreign exchange loss affected the bottom line. The firm made net profit of US$6.14
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    • Article
      Lock icon Lee Kim Tah’s Q2 earnings soar on fair-value gain
      293 7  -  By MINDY TAN PROPERTY and construction company Lee Kim Tah Holdings saw net profit for the second quarter ended June surge to $26.8 million, from $4.2 million a year ago. This was largely due to a fair-value gain on investment properties
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    • Article
      Lock icon Florida court rules in favour of Kingsmen’s stand
      429 7  -  By MICHELLE QUAH MAINBOARD-listed Kingsmen Creative has won dismissal of a lawsuit brought against it and its subsidiary, Kingsmen Exhibits Pte Ltd (KE), in the United States. The two parties are embroiled in an intellectual property dispute over KE’s Titanic Exhibition at
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    • Article, Illustration
      Lock icon Super Group Q2 profit doubles
      476 8  -  Results boosted by $17.1m disposal gain; core earnings also higher By CAI HAOXIANG INSTANT food and beverage maker Super Group reported a net profit of $36.5 million for its second quarter ended June 30, up 108 per cent from $17.5 million a year ago. The
      FILE PHOTO  -  476 words
    • COMPANY BRIEFS
      • Article
        Lock icon Advanced Holdings Q2 net doubles to $1.4m
        85 8 Advanced Holdings’ net profit rose 123.5 per cent to $1.4 million for the second quarter ended June, on the back of a 10.2 per cent jump in revenue to $25.6 million. An interim dividend of 0.3 cents per share was declared; details of
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      • Article
        Lock icon Hyflux inks agreement on Hejiang project
        56 8 HYFLUX Ltd’s Hyflux Management and Consultancy (HMC) has signed an exclusive strategic co-operation framework agreement for the development of the Hejiang Fobao Yulanshan Mountain Wetlands project in Sichuan province, China. HMC and Sichuan Hengxin Weiye Investment, will conduct feasibility studies and work with the
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      • Article
        Lock icon China Print 1H loss narrows to HK$6.8m
        50 8 CHINA Print Power Group Ltd reported a loss attributable to shareholders of HK$6.8 million (S$1.1 million) for the six months ended June, down from HK$8.8 million a year ago. Revenue in H1 amounted to HK$63.4 million, down 34.9 per cent year on year.
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      • Article
        Lock icon Yoma in JV to upgrade Mandalay Airport
        63 8 YOMA Strategic Holdings’ SPA Project Management has, together with Mitsubishi Corporation and JALUX Inc, been selected as the tenderer to upgrade and operate the Mandalay International Airport. It will hold a 5 per cent interest in the joint venture company to be incorporated.
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      • Article
        Lock icon Weiye back in black for second quarter
        52 8 RESIDENTIAL and commercial developer Weiye Holdings recorded a net profit of 33.2 million yuan (S$6.8 million) for the second quarter ended June, reversing a loss of 1.2 million yuan a year ago. Revenue jumped to 269.3 million yuan, from 57.2 million yuan a
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      • Article
        Lock icon Mewah Q2 profit falls 35% to US$4m
        56 8 INTEGRATED agri-business Mewah International Inc reported a net profit of US$4.1 million for the second quarter ended June, 35.2 per cent lower than the US$6.3 million reported a year ago. Its revenue fell 30.1 per cent to $707.3 million due to lower sales
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      • Article
        Lock icon Tigerair load factor slips in July
        69 8 TIGERAIR Singapore reported a 21.8 per cent year-on-year increase in passenger traffic to 765 million revenue passenger kilometre (RPK) for last month. Its capacity grew faster, rising 28.8 per cent to 962 million available seat-kilometres (ASK), which caused load factor to slip 4.6 percentage
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      • Article
        Lock icon Chip Eng Seng Q2 profit down 8%
        50 8 CONSTRUCTION and property group Chip Eng Seng’s net profit fell 8.2 per cent to $6.8 million for the second quarter ended June, while its revenue rose 32 per cent to $109.1 billion. The rise in revenue came from construction and property development projects.
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      • Article
        Lock icon Metro Q1 earnings plunges 78%
        50 8 METRO Holdings’ net profit plunged 78.2 per cent to $3.3 million for the first quarter ended June, mainly as a result of fluctuations in the fair value of the group’s portfolio of short-term quoted equity investments. Revenue edged up 0.07 per cent to $44.2 million.
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      • Article
        Lock icon Courts Asia net up 5% to $7m in Q1
        36 8 THE net profit of Courts Asia Ltd rose 5.1 per cent in the first quarter to $7 million. Its revenue rose 1.6 per cent to $197.1 million.
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      • Article
        Lock icon GP Batteries Q1 profit dives 95%
        35 8 THE net profit of GP Batteries International Ltd fell 95 per cent to $107,000 for the first quarter ended June. Its revenue dipped 11.6 per cent to $163.9 million.
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      • Article
        Lock icon BreadTalk earnings flat at $3m in Q2
        56 8 BREADTALK Group reported a 0.7 per cent rise in net profit to $3 million for the second quarter ended June, on the back of a 20.7 per cent jump in revenue to $126.5 million. An interim dividend of 0.5 cents per ordinary share
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    • Article
      Lock icon Geo Energy Q2 profit up 7% at US$5m
      366 8  -  By CARINE LEE GEO Energy Resources Ltd yesterday reported a 7 per cent year-on-year increase in net profit to US$5.06 million for the second quarter ended June 30, 2013. Turnover rose 25 per cent year on year to US$32.2 million from US$25.81
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    • Article, Illustration
      Lock icon Biosensors down 10% on downgrades after poor Q1
      425 8  -  By CAI HAOXIANG BIOSENSORS International, a maker of heart stents, fell 10 cents, or 10 per cent, to 87.5 cents a share yesterday, a fresh low not seen since 2010. Some 26.8 million shares were traded. The company bought back two million
      Source: Bloomberg  -  425 words
    • Article
      Lock icon KSH Q1 earnings more than double
      258 8  -  By ONG CHOR HAO KSH Holdings’ fiscal first-quarter earnings more than doubled on the back of a strong performance from its construction business. For the three months ended June 30, it posted a net profit attributable to owners of the company of $11.4 million,
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    • Article
      Lock icon Bonvests Q2 profit surges to $31m on revaluation gains
      249 8  -  By ANNABETH LEO BONVESTS Holdings saw sec-ond-quarter net profit soar from $2.79 million a year ago to $31.1 million this year. This was largely a result of Bonvests’ gain on revaluation of investment properties, which shot up from $2.07 million last
      249 words
    • Article
      Lock icon Fair-value gains boost Guthrie’s Q2 earnings
      354 8  -  By CAI HAOXIANG FAIR-VALUE gains on investment properties resulted in Guthrie GTS reporting a net profit of $69.4 million for its second quarter ended June 30, up 254.2 per cent from $19.6 million in the same period a year ago. Excluding fair-value items, net
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    • Article
      Lock icon QAF posts 64% plunge in Q2 net
      293 8  -  By ANNABETH LEOW HIGHER costs and expenses took a toll on multi-food group QAF’s second-quar-ter bottomline despite a rise in revenue for the maker of Gardenia bread. For the three months ended June 30, net profit attributable to shareholders plunged 64 per cent
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    • Article
      Lock icon Marco Polo Marine Q3 profit halves
      286 8  -  By JASMINE NG MARCO Polo Marine’s net profit in its fiscal third quarter halved to $4.3 million from $8.9 million last year as higher costs eroded gains from chartering. Revenue nearly doubled to $28.6 million from $14.4 million for the April-June quarter. Cost of
      286 words
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      Lock icon Page 5 Advertisements Column 1
      174 5 HCTDC gigfil Messe Miinchen International http://electronicasia.com electronicAsia 2013 COMPONENTS ASSEMBLIES PRODUCTION DISPLAY TECHNOLOGY SOLAR PHOTOVOLTAIC H 4 <5 UK Hong Kong Convention and Exhibition Centre In conjunction with HKTDC Hong Kong Electronics Fair (Autumn Edition) 13-16 OCTOBER 2013 m k Y V Real Business through Global Marketplace Over 570 quality
      174 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Traders ignore China, look to US
      561 6  -  ST Index up a mere 2.3 points despite China stock market’s robust showing STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index (STI) yesterday shrugged off strong gains in Hong Kong and China and instead responded to a weak opening in Europe and expectations
      Source: Bloomberg  -  561 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 6 Aug 12 VALUE CLOSE BT OB/OS -417.00 +82.00 BT CADI -*****.00 +46.00 BT 10-day MA -*****.00 -42.00 FTSE ST Mid Cap 762.07 -0.29 FTSE ST Small Cap 562.99 +0.77 FTSE ST All Share 790.01 +0.46 FTSE ST China Top 200.10 -0.02 FTSE ST China 230.61 -0.12 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      53 6 VOLUME GSH Corp 551,360,000 IPCO Intl 103,036,000 HanKore 91,965,000 Albedo 87,525,000 Polaris 80,798,000 Unionmet 45,940,000 Digiland 44,150,000 CNA 42,966,000 FreightLinks 39,947,000 Weiye 38,424,000 VALUE($) DBS Grp 92,425,400 SingTel 77,708,820 Keppel Corp 55,581,410 OCBC Bk 52,429,742 JMH 40,853,860 Genting SP 40,413,651 GSH Corp 40,078,544 UOB 39,431,880 CapitaLand 32,489,160
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 5 3 0 0 0 7 5 3 Manufacturing 52 42 43 8 8 8 60 50 51 Commerce 19 17 20 6 4 6 25 21 26 Tpt/Stor/Comms 20 11 11
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    • Article
      Lock icon BROKERS’ TAKE
      989 6  -  Compiled by TEH SHI NING Noble Group Aug 12 close: S$0.90 OCBC Investment Research, Aug 12 NOBLE Group reported a poor set of H1 2013 results last Wednesday, marred by losses in its agricultural segment in Q2 2013, although shipment again hit another record of 110 million tonnes.
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      122 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 15,983 15,983 87,141 87,141 Manufacturing 379,120 110,359 489,479 195,880 4,018 199,898 Commerce 691,998 129,170 821,168 148,867 4,111 152,978 Tpt/Stor/Comms 164,587 20,023 184,610 177,340 7,303 184,643 Finance 59,565 7,429 66,994 213,812 3,224 217,035 Construction 172,926 25,172
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      114 6 Stock name Close Change CapMallsAsia 1.980 -0.010 CapitaLand 3.190 -0.040 CapitaMall 2.000 -0.020 CityDev 10.67 +0.020 ComfortDelGro 1.955 -0.020 DBS Grp 17.20 GLP 2.840 -0.010 Genting SP 1.380 +0.015 Golden Agri 0.520 HK Land 6.940 +0.010 HPH Trust US$ 0.745 +0.015 JMH 54.90 +0.900 JSH 34.56
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    • Article, Illustration
      Lock icon Dollar rises broadly ahead of US data
      518 6 CURRENCIES Reuters [LONDON] The US dollar yesterday rose on expectations of strong US data that could signal an early scaling back of the Federal Reserve’s monetary stimulus. It rose 0.3 per cent to 81.408, moving away from a sev-en-week low of 80.868 hit
      Reuters; PHOTO: BLOOMBERG  -  518 words
    • Article
      Lock icon RISES
      114 6 BY CENTS CLOSE UP GLD 10US$ ***** 643.6 4.1 JMH 5490 113.6 1.7 JSH 3456 84.6 2.0 DBXT FTChina25 10US$ 2750 82.0 2.4 Lyxor China H 10US$ 1326 61.8 3.8 DBXT MSTHAI 10US$ 2019 46.7 1.9 Hyflux 6% CPS 10 ***** 40.0 0.4 Lyxor Nasdaq100 10US 1244 37.9 2.5
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    • Article
      Lock icon FALLS
      126 6 BY CENTS CLOSE DOWN SPDRS S&P 500 10US$ ***** -150.2 -0.7 Lyxor MS India 10US$ 1211 -135.0 -8.1 Lyxor Indonesia10US$ 9358 -70.7 -0.6 Jardine C&C 4008 -42.0 -1.0 Lyxor US DJIA 10 US$ 1556 -25.2 -1.3 DBXT S&P500 10US$ 2761 -22.7 -0.6 IS ASIA BND 100S$D 1272 -17.0 -1.3
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      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
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      798 9 SOIBUILD BUSINESS SPACE REIT SOILBUILD BUSINESS SPACE REIT (A REAL ESTATE INVESTMENT TRUST CONSTITUTED ON 13 DECEMBER 2012 UNDER THE LAWS OF THE REPUBLIC OF SINGAPORE) MANAGED BY SB REIT MANAGEMENT PTE. LTD. INVESTMENT IN SUBSCRIBE NOW! IPO closes on 14 August 2013 at 12.00 noon BEST IN CLASS BUSINESS
      798 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon New casino-visit rules for public officers on the cards
      617 10  -  Frequent visits, payment of annual levy will have to be declared: DPM Teo YESTERDAY IN PARLIAMENT Reports by LEE U-WEN PUBLIC officers who frequently visit Singapore’s two casinos or who pay the $2,000 annual levy to enter them will soon be
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    • Article
      Lock icon Agency heads must set right tone
      454 10 New rules to step up assessment of audits to effect compliance WHEN it comes to strengthening the government’s internal audit system, it is crucial that the top management sets the right tone, said Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam yesterday. From now
      454 words
    • Article
      Lock icon Lanxess to keep faith with its 200m euro investment here
      418 10  -  By RONNIE LIM GERMANY’S Lanxess intends to stay the course with its 200 million euro (S$335.3 million) Nd-PBR investment here despite the slump in global car markets, including in Europe and China, said chairman and chief executive Axel Heitmann. The
      418 words
    • Article
      Lock icon Life insurers forecast strong H2 after H1 sales jump 24%
      399 10  -  By JASMINE NG SINGAPORE’S life insurance industry will continue its strong showing in the second half of this year after growing 24 per cent in the first six months over the same period last year, according to the Life Insurance
      399 words
    • Article, Illustration
      Lock icon One-stop shop for telecom solutions
      974 10  -  By LIVIA YAP A QUICK Google search on the origins of telecommunications will tell you that in ancient times, people used smoke signals and carrier pigeons to transfer information. fter that came the semaphore system, the telegraph, the telephone and, most significantly, the Internet. But
      PHOTO: ARTHUR LEE  -  974 words
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      742 10 SYNEAR FOOD HOLDINGS LIMITED (Incorporated in Bermuda) (Company Registration No. *****) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting of Synear Food Holdings Limited (the “Company”) will be held at Eagle Room 1 and 2, Level 3, Laguna National Golf Country Club, 11 Laguna
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  • Page 11 Advertisements
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      371 11 obile communications has the power to transform lives, build societies and boost socio-economic development. As the newest addition to Telenor Group, Telenor Myanmar offers you a unique career opportunity in a company that is playing a key role in modernizing Myanmar's telecom industryand contributing to the country's development and growth.
      371 words
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  • SME Inc
    • Article, Illustration
      Lock icon Family bonds at Canary Diamond
      1733 12  -  Business will get busier but William and Judy Lam now have their sons and daughter-in-law involved, reports FELDA CHAY THE couple behind The Canary Diamond Company, William Lam and his wife Judy, can finally breathe a little easier, after having put the past 12 years
      PHOTO: YEN MENG JIIN  -  1,733 words
    • Article
      Lock icon PDPA – a game changer for telemarketing
      1110 12  - PDPA a game changer for telemarketing By BENJAMIN CHEONG The writer is partner of technology media telecommunications/ competition at Rajah Tann PERSONAL data refers to data about an individual who can be identified from that data, and includes a person’s full name, NRIC number, signature, bank account number, mobile telephone
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      39 12 These reports first appeared in the July/August 2013 issue of The SME Magazine, a bi-monthly publication produced by The Business Times. Look out for the next information-packed issue, which comes free with a copy of BT, on Sept 4.
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Mantra set on path of expansion in Asia
      731 13 Aussie group to open or manage more hotels in Indonesia, Thailand Bloomberg [SYDNEY] Mantra Group, the Australian hotel operator controlled by CVC Asia Pacific Ltd, plans to open 20 hotels in Indonesia in the next three years and manage about the same
      – Bloomberg  -  731 words
    • Article
      Lock icon China developer has high hopes for M’sia property market
      456 13 [KUALA LUMPUR] Malaysia’s property market has room for growth, said Country Garden Holdings regional president (Malaysia) Kayson Yuen. Mr Yuen is seen as the point man for Country Garden’s RM18 billion (S$7 billion) property venture in Danga Bay, Iskandar Malaysia, in
      456 words
    • Article
      Lock icon DRB-Hicom to expand in China car market with Lotus distribution
      370 13 [KUALA LUMPUR] DRBHicom Bhd expects to tighten its grip on Lotus distribution in China following its acquisition of Symphony Lotus Ltd, which is engaged in Lotus car dealership. Managing director Mohd Khamil Jamil told Malaysian news agency Bernama the company
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      419 13 TOSHIBA Leading Innovation >» Toshiba recommends Windows 8 Pro. Ultrabook™ PEN DOWN YOUR INSPIRATIONS. Kl t > C NEW PC Detachable Ultrabook A ziot TM a 8 0 Wendy jk iDl adatum lllldll “Compared to many other stylus cum touch screen combos out there, this is clearly superior in terms
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Beijing’s urbanisation plan faces local-govt opposition
      696 14 Financing the huge project is one of the biggest issues facing policymakers Bloomberg [BEIJING] China’s plan to encourage hundreds of millions of rural residents to settle in cities to boost growth faces opposition from local governments, according to Li Tie, an official with the
      Bloomberg  -  696 words
    • Article
      Lock icon India’s dwindling reserves hamper rescue of rupee
      637 14 Reu ters [MUMBAI] With only enough cash in the central bank to pay for seven months of imports, US$172 billion of debt due in the current fiscal year and weak fund inflows, India’s balance of payments position is undermining its ability to defend
      Reuters  -  637 words
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      2192 14 wats notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SCORPIO EAST HOLDINGS LTD. Registration No. *****5164G (Incorporated in the Republic of Singapore) NOTICE OF NINTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of SCORPIO EAST HOLDINGS LTD. (the “Company”) will be held at 25 Tai
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      545 14 WATS NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF TRYLINE INVESTMENTS PTE LTD Reg No. *****7614W (In Members’ Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of
      545 words
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  • ECONOMY WATCH
    • Article
      Lock icon Bundesbank report on Greece puts pressure on Merkel
      535 15 Rivals accuse her of lying to voters about fresh bailout risks Reuters [BERLIN] German opposition parties accused Chancellor Angela Merkel of lying before elections next month about the risks of a new bailout for Greece, after a magazine reported the Bundesbank expects
      Reuters  -  535 words
    • Article, Illustration
      Lock icon EU seen emerging from its longest recession
      637 15 Eurozone GDP expected to post 0.2% growth for Q2 Bloomberg [FRANKFURT] The euro area economy probably edged back to growth last quarter for the first time since 2011, ending the longest recession since the single currency union started 14 years ago. Gross domestic
      Bloomberg  -  637 words
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      Lock icon US, Japan hold low-profile TPP trade talks in Tokyo
      870 15  -  US team wants to open up key sectors of Japanese market By in ANTHONY ROWLEY in Tokyo US official trade negotiators were back in Tokyo last week for talks with their Japanese counterparts in which they hoped to succeed where legions
      PHOTO: AP  -  870 words
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      217 15 NATAS PROMOTION j Date: 16-18 Aug 2013 Venue: Singapore Expo firefly «r 2DIN KUALA LUMPUR Radius Royale Bintang 4* Istana Hotel 5* Package includes: Return air ticket by Firefly include taxes (SIN/SZB/SIN) with airport transfer. 1 night accommodation. Daily breakfast. 2DIN IPOH TOUR Excelsior Heritage Tower Regency 3^ Package includes:
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  • WORLD
    • Article, Illustration
      Lock icon Asia drive bears fruit for Prudential
      609 16 22% rise in insurer’s H1 profit vindicates CEO’s decision to bet on the region Reu ters [LONDON] British insurer Prudential reported a 22 per cent jump in its first-half profits yesterday, underscoring the appeal of its Asian business and bolstering chief executive Tidjane Thiam’s
      Reuters; PHOTO: BLOOMBERG  -  609 words
    • Article
      Lock icon Wealth advisers pounce on pilots’ nest eggs
      523 16 Bonanza follows American’s payout of retirement money Re uters [WASHINGTON] When American Airlines dumped about US$3.5 billion of retirement money into the laps of its pilots late last month, the winners were the wealth managers who got a piece of the action. The
      Reuters  -  523 words
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      Lock icon Few takers for Abba memorabilia in online auction
      400 16 AFP [STOCKHOLM] An online sale of a vast collection of Abba memorabilia failed to meet expectations, the Swedish auction house that organised it said yesterday. Thomas Nordin, a collector of all things related to the group famous for hits including “Dancing Queen”,
      AFP; PHOTO: AFP  -  400 words
    • Article
      Lock icon Saudi Telecom, banks spar over US$1.2b loan
      500 16 Lenders resist STC’s calls to restructure loan to Axis Telekom Re uters [DUBAI] Lenders including Deutsche Bank, HSBC and China Development Bank are resisting calls by Saudi Telecom (STC) to restructure a loan that could potentially leave them with losses of up to
      Reuters  -  500 words
    • Article
      Lock icon Struggling BlackBerry to explore options
      463 16 Committee to look into joint ventures, partnerships or sale Reuters [TORONTO] Canadian smartphone maker BlackBerry, struggling to compete in a difficult market, has set up a committee to look at options, including joint ventures, partnerships or a sale of the company. In a statement released
      Reuters  -  463 words
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      Lock icon Great start for Japan financial year as top firms double profit
      948 18 But slumping corporate investment hinders economic recovery Bloomberg [TOKYO] Japan’s top listed companies doubled earnings last quarter from a year earlier, exceeding already high forecasts and generating support for the economic recovery effort of Prime Minister Shinzo Abe. With
      Bloomberg; PHOTO: AP  -  948 words
    • Article
      Lock icon US to fight corporate tax shelters
      594 18 Govt relying on economic substance doctrine against banks’ transactions Reuters [WASHINGTON] A sharp tool in the US government’s fight against corporate tax shelters will be put to the test in the months ahead as the Internal Revenue Service (IRS) grapples with four major banks
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    • Article
      Lock icon UK plans to shame errant tax advisers
      389 18 It targets those who tout deliberately opaque schemes Reuters [LONDON] The British authorities will get the right to name and shame tax advisers who deliberately steer their clients into tax avoidance schemes that are likely to break the law, under a government proposal
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    • Article
      Lock icon Bitcoin associated companies subpoenaed
      320 18 Reuters [NEW YORK] New York’s top banking regulator has issued subpoenas to several companies associated with Bitcoin as part of an inquiry into business practices of the virtual currency industry, the Wall Street Journal reported, citing people familiar with the matter. The subpoenas issued by the
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      1063 16 x® 4 WATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 (S 296(1)) ANO IN THE MATTER OF MARINTEKNIK DESIGN (S) PTE LTD (IN PROVISIONAL LIQUIDATION) (CO. REG. NO. **********) NOTICE OF CREDITORS’ MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies Act (Cap.
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      330 17 THE STRAITS TIMES WHEREVER YOU ARE 1 23x31! yuu jjillib fed u'Jiin IS W/T fcf SCJ IJiJJ J£ Jjj A A r* v. i a &MA LSI u r se. -A> 'ASTAY INFORMED ON WHAT MATTERS MOST GRAB THESE FABULOUS GIFTS when you Subscribe to The Straits Times. Select o
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      159 18 MEMBERSHIP PLANS PROMOTION BUY 6 MONTHS GET 6 MONTHS FREE FOR 12 MONTHS MEMBERSHIP PLAN 12 OFF ShareInvestorWebPro Streaming share prices Comprehensive fundamental information Technical charts with indicators and drawing capabilities Stock and news alert Research and gain insights into companies through Consensus Estimates In-depth fundamental analysis Advanced trading software
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      135 18 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 Ms Christine Lee Director of Operations, Mahkota Medical Centre,
      135 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Seletar upgrade to cater to rising business traffic
      482 19  -  CAG also raises bar for ground-handlers to improve service safety standards By NISHA RAMCHANDANI [SINGAPORE] With business traffic in Singapore on the rise, Changi Airport Group (CAG) is boosting capacity and enhancing infrastructure at Seletar Airport as it seeks to position it
      482 words
    • Article
      Lock icon New technology will soon make Internet access faster on planes
      538 19 WP [DALLAS] Airline passengers pining for faster inflight Internet access anywhere in the world even over the oceans are about to get their wish as satellite operators find success where Boeing failed a decade ago. Stronger, more focused signals from
      WP  -  538 words
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      Lock icon Beijing to rein in unbridled growth of shipyards
      814 19 Bloomberg [HONG KONG] China grew into the world’s leading shipbuilder over the last decade as hundreds of private yards opened to compete with state-run companies. Now, the government is poised to regain control as the industry heads for consolidation. The number of
      Bloomberg; PHOTO: REUTERS  -  814 words
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      36 19 Find the nearest car workshop or towing service with our one-stop motoring directory. Log on to www.STCars.sg now STCars.SG R STCarsSG I Google play J V AppStore A product of SPH. Singapore's Trusted Media Group STCars.s
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  • Page 19 Miscellaneous
    • Miscellaneous
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      356 19 CRYPTIC CROSSWORD Across 1 City doctor called in by domestic (6) 5 Attack one going to slaughter poor beast, losing head (8) 9 Takes no comfort from pose on sketch (6,2) 10 Kiss and cuddle and lounge about on top of sofa (6) 11 One who may chase England runs
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  • EDITORIAL & OPINION
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      Lock icon Healthcare reform can boost Chinese economy
      483 20 EDITORIAL THE Chinese government’s probe into UK pharma giant GlaxoSmithKline’s (GSK) business might just be the catalyst for reform in the overly burdened public medical sector in the country, ultimately benefiting the economy as a whole. According to news reports, GSK has been bribing
      483 words
    • Article
      Lock icon Decision to avoid rocking financial boat a big mistake
      801 20  -  THE BOTTOM LINE By SIMON JOHNSON The writer is a professor at MIT’s Sloan School of Management and the co-author of ‘White House Burning: The Founding Fathers, Our National Debt, And Why It Matters To You’ Project Syndicate NEARLY five years
      Project Syndicate  -  801 words
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      Lock icon Whether Sen or Bhagwati prevails depends on polls
      1088 20  -  India’s two leading economists disagree on the direction India should take YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT TWO of India’s leading economists are in a spat about the direction the Indian economy should take. Not
      PHOTO: REUTERS  -  1,088 words
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      Lock icon Governance: going for substance over form
      1105 21  -  Only when firms embrace the true spirit of governance can competitive benefits be gained through performance and returns By LIM NEO SING HWEE LIM SZE CHIEN The writers are respectively advisory partner and senior manager at Ernst Young Advisory Pte Ltd ORPORATE governance has
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      Lock icon Futile attempt to save free-market conservatism
      902 21  -  PAUL KRUGMAN The writer is professor of economics and international affairs at Princeton University, and winner of the Nobel Prize in economics in 2008 NYT RECENTLY Senator Rand Paul, potential presidential candidate and self-pro-claimed expert on monetary issues, sat down for an interview with
      NYT; PHOTO: REUTERS  -  902 words
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  • Article
    Lock icon SHIPPING TIMES
    1292 22 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 THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
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      34 22 PLACE YOUR AD HERE THE BUSINESS TIMES Shipping Times CALL JOE WONG AT 9620 1327 SI IH FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? II
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3235 23 Transaction date: Aug 12 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 8.8 3 A-Sonic Sale Vol Day Last Quote ('000) High Low Buyer Seller Div Gr Yld 188 106 AIMSAMPIReit
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      Lock icon SGX CATALIST
      251 24 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 -1.5
      251 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      10950 24 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 0 9941/ Asian Smaller Cos!** 1 9593/ EIV Local Ccy Bond 0,938/
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      Lock icon GLOBALQUOTE
      262 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 49.1 25 AVJennings A45 +2 56 46 43 45 47 3.6 7.8 3.7 166.6 52 31 Genting HK US$ US44.5 unch 3168 45 44 44 44.5 2930.1
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      Lock icon SGX ETF
      887 24 52-Wk Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 115.5 +1.5 1 115.5 115.5 114.5 115.5 527.2 143 120.4 CIMB APAC Div 100S$D 134.5 134.3 135.2 114.4 99 CIMB APAC
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      585 25 Aug 12 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.70 *****.86 *****.64 Sep13 *****.00 *****.00 *****.00 *****.00 *****0 *****2 Dec13 *****.00 *****.00 *****.00 *****.00 106 ***** MSCI TAIWAN INDEX FUTURES SPOT 275.79 277.94 275.79 Aug13 274.10 276.50 273.00 275.50 ***** *****9 Sep13 273.60
      585 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 25 In local curr In S$ In US$ dy yr dy yr dy yr Aug 9 Index Change Change Change Change Change Change World Preliminary 1089.4 -0.1 16.1 -0.3 17.3 -0.1 14.0 EAFE Preliminary 888.3 0.4 14.7 0.1 13.5 0.2 10.2 Europe Preliminary 1276.5 0.5 11.3
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    • Article
      Lock icon INTERBANK CROSS RATES
      471 25 Aug 12 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.944 5.605 0.688 7.099 55.575 94.144 0.886 10.197 2.973 1.144 93.874 39.982 1.155 9.014 0.847 27.417 28.559 0.592 0.915 Canada 1.059 5.938
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    • Article
      Lock icon SIBOR
      51 25 Aug 12 (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$) 1 mth 1 mth 2 mths 0.***** 3 mths 9 mths 6 mths 12 mths Source: Thomson
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      Lock icon GOVERNMENT SECURITIES
      90 25 Aug 12 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 19-Sep-13 0.26 6-Month BS*****N 24-Jan-14 0.28 1-Year BY*****H 02-May-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 100.04 5-Year N*****0T 0.5 01-Apr-18 98.25
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    • Article
      Lock icon PRECIOUS METALS
      135 25 Aug 12 GOLD(US$/oz) Aug 09 Aug 12 Hong Kong 1317.50 1339.00 Aug 08 Aug 09 London 1308.50 1310.49 1309.31 1311.71 Source: Thomson Reuters CAST BAR Aug 12 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 121 54 5gm 344 269 10gm 614 537
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    • Article
      Lock icon PALM OIL
      57 25 Aug 12 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 13 2275.0 2278.0 2314.0 2275.0 17 735 Sep 13 2238.0 2236.0 2290.0 2238.0 1790 ***** Oct 13 2209.0 2207.0 2260.0 2205.0 ***** ***** Nov 13 2198.0 2201.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 25 Aug 12 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1548 1.1555 0.9151 0.9156 Canadian dollar 1.2234 1.2242 0.9700 0.9695 Euro 1.6791 1.6795 1.3306 1.3308 NZ dollar 1.0091 1.0100 0.7997 0.8003 Sterling pound 1.9520 1.9526 1.5469
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 25 As at 9am Aug 12 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.182 1.126 Can dollar 1.244 1.197 Euro 1.715 1.634 Sterling pound 1.986 1.910 NZ dollar 1.033 0.994 US dollar 1.283 1.222 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      154 25 Aug 12 $S Offer Bid 0vernight 0.01 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.50 0.30 9 months 0.60 0.40 12
      154 words
    • Article
      Lock icon CHICAGO BOT
      109 25 Aug 9 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 13 1340.75 1355.75 1366.25 1340.00 Sep 13 1218.50 1227.75 1241.00 1216.00 Nov 13 1182.25 1184.25 1194.50 1180.00 Jan 14 1188.00 1189.25 1199.25 1185.25 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Aug 13
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    • Article
      Lock icon LIFFE
      95 25 Aug 9 COCOA (£/tonne) Close Prev High Low Sep 13 1648 1655 1654 1633 Dec 13 1643 1648 1646 1624 Mar 14 1624 1630 1628 1606 May 14 1623 1629 1627 1605 COFFEE(US$/tonne) Close Prev High Low Sep 13 1963 1924 1968 1929 Nov 13 1949 1908 1952 1908
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1105 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4.4 0.0 5 -43 59 Asia-Pacific Strategic W*****6 0.1 1 123 1315 87.00 9 Conv Albedo Limited W*****9 Exer AlliedTech W*****2 Prem Ascendas Reit MB ECW*****3 3.2 0.2
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 25 CRUDE OIL PRODUCTS Aug 09 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 106.15 0.81 WTI (Near Mth) 106.04 2.54 Dubai (1-Mth F) 102.13 0.17 Tapis blend 113.98 0.47 Minas 106.68 0.47 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 98.00 unch Jet Kerosene 122.26 unch US$/barrel OpecOil Basket
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      Lock icon US$/S$ FORWARD RATES
      22 25 Aug 12 S$ Bid Offer 1-month 1.2618 1.2620 2-months 1.2618 1.2621 3-months 1.2619 1.2621 6-months 1.2618 1.2624 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      66 25 Aug-09 Aug-09 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1825.60 1794.55 3 months 1871.00 1840.00 Copper, Grade A(US$/tonne) Cash 7253.25 7164.50 3 months 7275.00 7185.00 Lead(US$/tonne) Cash 2168.50 2125.50 3 months 2180.00 2139.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.50 3 months
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  • PROPERTY
    • Article, Illustration
      Lock icon High-end home flips booming in US
      1209 26 Between 2011 and today, transactions valued at US$1m or more are up almost 40%, according to housing data company RealtyTrac Reuters [LOS ANGELES] JAN Brzeski stands in a sun-filled, beautifully refurbished living room high in the Hollywood Hills, looking out at a swimming pool
      Reuters; PHOTOS: REUTERS  -  1,209 words
    • Article, Illustration
      Lock icon Surging Auckland home prices lead central bank to mull lending curbs
      1057 27 Bloomberg [WELLINGTON] When it comes to buying a house, New Zealander Ginny Braun is finding that her hometown of Auckland is rapidly catching up with New York City. “The market feels crazy, it feels like it’s out of control,”
      Bloomberg; PHOTO: BLOOMBERG  -  1,057 words
    • Article
      Lock icon NZ house prices down slightly in July
      296 27 Reuters [WELLINGTON] New Zealand house prices eased in July, while the number of houses sold increased, the Real Estate Institute of NZ (REINZ) said yesterday. The REINZ’s house price index fell 0.5 per cent from June, to be 8.6 per cent higher than
      Reuters  -  296 words
    • Article
      Lock icon UGL to split engineering, property units
      585 27 Its underlying profit after tax in the 12 months to June 30 plunged 45% Bloomberg [SYDNEY] UGL Ltd, the Australian company that acquired UK real estate broker DTZ Holdings plc in 2 011, plans to split its operations into two listed companies by June
      Bloomberg  -  585 words
  • Page 26 Advertisements
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      274 26 STPROPERTYsg The Best of Malaysia’s Properties Are In Town FREE Registration Visit www.stproperty.sg/showcase for quicker access. 25 August 2013,9:30 am to 4 pm Stamford Foyer, Level 4, Raffles City Convention Centre, 80 Bras Basah Road, Singapore *****0 Discover Malaysia’s finest properties under one roof The STProperty Showcase Presenting a collaboration
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  • Page 27 Advertisements
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      89 27 Malaysia Property for Sale Johor Centre Freehold, 26 Storey •413 rooms, 523 carparks units With other facilities Melaka Shopping Complex Freehold Floor Area 142,243 sq ft Building is structurally completed If interested, please email admin@singtat.sg M Capital Pte Ltd Rare Freehold GEMINI Ramp Up Light Industrial wsims Sizes: 2,422 sq
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      Lock icon Page 27 Advertisements Column 2
      259 27 Fully Leased to South Australian Government New Release savills License No: L*****88B f I 55 —UZC i t 1 =1 '-.V m. -4* L IQ •'T"s- P :>4aa rT—4—ws Outlmeilndicative Only For Sale by Expressions of Interest 60 Wakefield Street (Cnr Gawler Place) 21 Divett Place, Adelaide, South Australia, Australia
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      Lock icon Page 27 Advertisements Column 3
      261 27 100% Stake in Broadway Plaza, Ang Mo Kio ANG MO KIO AVE 5 Ang Mo Kio Library ANG MO KIO CTL 2 Broadway Plaza I ANG MO KIO CTL 1 Surface Car park ANG MO KIO CTL 2 ANG MO KIO AVE 3 Located in central Ang Mo Kio Within
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  • Article, Illustration
    Lock icon Patchy, uneven expansion to continue
    1087 28  -  The global environment remains uncertain. In this three-part weekly series, Citi's experts offer their view on the outlook for the rest of 2013, given current market and economic developments around the world. This first feature explores how the Singapore economy is likely to perform in
    1,087 words
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      302 28 Citigold Private Client -»<*o U 'sj)’ E Opportunities. Which do you choose? Our Citigold Private Clients have access to research and advisory for that additional edge that lets them harness potential opportunities globally. Recognition, access, and the most exclusive of privileges are what our clients enjoy wherever they are in
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