The Business Times, 16 August 2013

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Total Pages: 35
1 36 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Friday, August 16, 2013
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  • 679 1  -  Latest data gives her a boost, but burden on German taxpayer may dominate debate By in NEIL BEHRMANN in London THE eurozone has climbed out of its recession and German Chancellor Angela Merkel has received an economic growth boost as her election campaign
    Source: IT-Finance.com  -  679 words
  • 851 1  -  Buyers turning cautious, looking at more cost-effective options: analysts By MINDY TAN [SINGAPORE] Even as sales of private homes plunged last month, on the back of limited launches and the introduction of the Total Debt Servicing Ratio (TDSR), there has been
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  • 446 1  -  Low-key oil trader with office here fingered in arrest of state energy regulator’s chief By RONNIE LIM [SINGAPORE] The website of low-key oil trader Kernel Oil bore an “under maintenance” sign yesterday morning. In the afternoon, the site was back up, with its
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  • MARKETS DIGEST
    • 65 1 HST INDEX 3,220.92 (-27.74) HST INDEX FUTURES 3,212.00 (-22.00) HSIMSCI 366.05 (-3.44) HSIMSCI FUTURES 364.60 (-3.60) US$ S$ US$ (S$ per US$) 1.270 (US$/S$ per 1.554 1.973 EURO (US$/S$/€ 1.329 1.688 Foreign currency per US$ S$ YEN 97.90 77.10 RM 3.278 2.581 HK$ 7.755 6.107 BAHT 31.27 24.62 RUPIAH
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    • 46 1 Thursday Change KL COMP 1,792.21 -1.52 NIKKEI 225 13,752.94 -297.22 HANG SENG 22,539.25 -1.88 SET INDEX 1,453.07 -7.56 JAKARTA COMP 4,685.13 -14.60 MANILA COMP 6,580.71 -75.90 SEOUL COMP Closed SHENZHEN B 815.88 -6.55 MUMBAI IND Closed 12noon EDT Change DOW 15,140.64 -197.02 NASDAQ 3,620.90 -48.38
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    • 20 1 SINGAPORE MALAYSIA MALAYSIA 5.38 6.55 5.00 INDONESIA 13.273 KOREA 5.036 BRITAIN 1.475 KOREA 9.33 BRITAIN 0.50 Source: Bloomberg
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  • Page 1 Advertisements
    • 80 1 S’PORE ECONOMY Retail sales take a car ride downhill EMERGING ENTERPRISE Tanks for the customised service PAGE 10 PAGE 2 COMPANIES SIA’s July passenger load factor inches up PAGE 5 JAPAN Edging towards deflation exit PAGE 14 GROWING GREEN The farm-to-table movement has spread from gourmet restaurants to the craft-cocktail
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    • 26 1 BT PROPERTY CLASSIFIEDS BT’s CATS property feature is now available to BTO subscribers. To subscribe to BT Property Classifieds, email cats8@sph.com.sg PAGES 22-26 8 *****1 *****4
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  • TOP STORIES
    • 502 2  -  Decrease of 4% mostly due to the 26.9% fall in motor vehicle sales By TEH SHI NING [SINGAPORE] Car sales plunged in June as a 60-day reprieve on car loan curbs for used cars came to an end, leading to a surprise 4
      Source: Department of Statistics, Singapore  -  502 words
    • 511 2  -  Share sale could raise at least RM700m: report By Kuala S JAYASANKARAN in Kuala Lumpur MALAYSIA’S billionaire businessman Vincent Tan Chee Yioun is planning to list his 7-Eleven chain of convenience stores. According to a Reuters report yesterday, Mr Tan, 61, has appointed Maybank
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    • 619 2 Inflation moving closer to central bank’s 2% target LATEST US DATA Bloomberg [WASHINGTON] The cost of living in the United States rose in July for a third month, supporting the Federal Reserve’s forecast that inflation will move closer to its target. Industrial
      Bloomberg  -  619 words
    • 562 2 Merkel approaches poll on rocky eurozone boat THE eurozone has climbed out of its recession and German Chancellor Angela Merkel has received an economic growth boost as her election campaign takes off. But since Germany is virtually carrying the eurozone, and Italy, Spain and Greece are still contracting,
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    • 408 4  -  It cites tough conditions including strong S$ and rise in feedstock prices By RONNIE LIM [SINGAPORE] Japanese specialty chemicals maker Ishihara Sangyo Kaisha (ISK) has shut down its S$300 million titanium dioxide plant in Tuas as a result of difficult market conditions.
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    • 523 4 AP [BEIRUT] In Libya, armed militias have filled a void left by a revolution that felled a dictator. In Syria, a popular uprising has morphed into a civil war that has left more than 100,000 dead and provided a haven for Islamic extremists.
      AP; PHOTO: AP  -  523 words
    • 792 4  -  Constantly evolving FRS leaving many dazed and confused By MICHELLE QUAH [SINGAPORE] Singapore’s drive to raise the quality of financial reporting here faces a real threat from constantly evolving and increasingly complex financial reporting standards (FRS); not only are the frequent changes and
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    • 628 4  -  More transparency, accountability and CSR are key features By NEETA LAL in New Delhi THE Indian Parliament has passed the long-awaited Companies (Amendment) Bill 2012 with radical changes to usher in more transparency in corporate functioning. The new bill which replaces the 57-year-old Companies
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  • Page 2 Advertisements
    • 133 2 2-4 October 2013 IMPACT Exhibition Convention Centre Bangkok, Thailand www.powergenasia.com www.renewableenergyworld-asia.com POWER-GEN A RENEWABLE A SM ENERGY IUIA WORLD ASIA ADVANCING ASIA’S ENERGY FUTURE JOINT OPENING KEYNOTE SESSION WEDNESDAY 2 OCTOBER 2013 9AM Dr. Piyasvasti Amranand, Chairman, Energy for Environment Foundation, Thailand Mr. Markus Lorenzini, Head of Energy Sector, ASEAN
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    • 139 2 The best pure-play private bank in Asia EFG 0 Bank lira tMilfT Asiamoney Private Banking Poll 2012 30 global locations www.efginternational.com THE SOUND VISION SPECIALIST AV ONE 2013 COLLECTIONS Denon Marantz Onkyo Morel Lifestyle Cinema Speakers Made in Israel. From $1,999 $4,699 M Parrot Series Zik Headphone $580 Q 1
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  • Page 3 Advertisements
    • 84 3 LOVE sculpture by Robert Indiana meets ThcTcmbusu by Arc Studio. Living Art, Living Heritage Does art imitate life? Or life, art? We like to think both. That is why you will see our art celebrating life. And our homes celebrating art. The comparisons grow deeper. Like an exceptional work of
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  • COMPANY NEWS
    • 488 5  -  Fall in W Asia, Africa route offset by traditional summer peak in Europe By JOYCE HOOI SINGAPORE Airlines (SIA) eked out a 0.3 percentage point growth in its July passenger load factor (PLF) to 80.8 per cent, as passenger demand for commercial flights
      PHOTO: AFP  -  488 words
    • 191 5 Bloomberg [SINGAPORE] Singapore Telecommunications Ltd, South-east Asia’s biggest phone company, will buy more shares in Bharti Telecom Ltd to tap potential growth in India. SingTel, as the company is known, will buy 788,538 shares, or 3.62 per cent, of Bharti Telecom
      Bloomberg  -  191 words
    • 286 5  -  By TEH SHI NING SAN Teh’s second-quarter net profit grew 67 per cent to $0.98 million from $0.58 million a year ago, thanks to improved performance from its PVC pipes and fittings business. This came as revenue close to doubled, rising
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    • 282 5  -  Disposal of unit and lower associates’ contributions cited By JASMINE NG TIANJIN Zhong Xin Pharmaceutical Group said sec-ond-quarter profit fell more than half after the previous year’s results were boosted by proceeds from the sale of a subsidiary. Net profit fell
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    • 920 7  - Independent advice fact or fiction? HOCK LOCK SIEW By R SIVANITHY I N a disclosure-based regulatory framework, it is generally accepted that more information is better than less. Companies are encouraged to tell as much as possible, in the belief that a competitive marketplace filled with thousands of investors would
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    • COMPANY BRIEFS
      • 63 7 SIIC Environment Holdings has acquired an additional 3.11 per cent equity stake in Nanfang Water Services for 18.33 million yuan (S$3.8 million), raising its stake in the subsdiary to 72.49 per cent. It also intends to invest an additional 94 million yuan in its
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      • 80 7 SB Reit Management, the manager of Soilbuild Business Space Reit, said that the public tranche of 62.5 million units of the trust’s IPO was 5.4 times subscribed. The placement tranche, of 524.032 million units, also at 78 cents each, drew strong demand from institutional
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      • 77 7 NTEGRATOR International has received approval from Myanmar authorities to set up a wholly-owned subsidiary there, a move which will enable the communications network specialist to directly apply for licences to import equipment. Ntegrator Myanmar will have a paid up capital of 500
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      • 145 7 HENGXIN Technology’s executive director and chairman Cui Genxiang has made an offer to delist the company from the Singapore Exchange, while keeping its listing on the Hong Kong Stock Exchange, citing the weak liquidity of shares in Singapore, the unjustifiable costs of maintaining a
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      • 48 7 VARD Holdings has acquired Johangarden AS (JGAS) for NOK12.4 million (S$2.7 million) via its wholly-owned subsidiary Vard Electro AS. JGAS owns business premises in Tennfjord, outside Alesund, Norway, and Vard Electro will consolidate part of its operations at the facilities owned by JGAS.
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    • 378 8 Six months ended June 2013 NET PROFIT (S$M) TURNOVER (S$M) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG Three months ended June 2013 NET PROFIT (S$M) TURNOVER (S$M) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG Tianjin Zhong Xin 39.0 66.1 -41.0 634.2 531.5 19.3 14.6 35.6 -59.1 335.7 277.4 21.0
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    • 318 8  -  By RONNIE LIM GERMANY’S Evonik Industries is nearly doubling the capacity of its oil-additives plant on Jurong Island, which, when done, will make it the largest of six such manufacturing sites it has worldwide. The expansion works will be completed in early 2015, and will enable
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    • 582 8  -  F&N will be treated as ‘strategic partner’ at an ‘arms-length relationship’ By CAI HAOXIANG DRINK-MAKER Thai Beverage (ThaiBev) has no immediate plans for a major restructuring of Fraser Neave (F&N), despite ThaiBev’s major shareholder Charoen Sirivadhanabhakdi having taken control of the 130-year-old Singapore conglomerate
      Source: Bloomberg  -  582 words
  • Page 5 Advertisements
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  • SINGAPORE MARKETS
    • 579 6  -  Trading weak and largely confined to punting of penny stocks, familiar low-priced issues among actives STOCKS R SIVANITHY Senior Correspondent A MARKET confused by uncertain signals from Wall Street and Europe elected yesterday to sell first and analyse later, leaving the Straits Times Index nursing
      Source: Bloomberg  -  579 words
    • 73 6 Aug 15 VALUE CLOSE BT OB/OS -418.00 -73.00 BT CADI -*****.00 -78.00 BT 10-day MA -*****.00 -42.00 FTSE ST Mid Cap 758.86 +1.71 FTSE ST Small Cap 556.49 -3.08 FTSE ST All Share 786.72 -5.15 FTSE ST China Top 199.05 -1.27 FTSE ST China 229.73 -1.56 FTSE
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    • 186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 8 4 0 0 0 2 8 4 Manufacturing 37 55 43 4 10 8 41 65 51 Commerce 11 28 16 7 7 2 18 35 18 Tpt/Stor/Comms 13 16 10
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    • 829 6  -  Compiled by TEH SHI NING CSE Global Aug 15 close: S$0.865 DBS Group Research Equity, Aug 15 CSE Global’s H1 2013 profit is 48 per cent of our full-year forecast. It is on track to achieve its guidance of improved core profit in FY 2013. It secured S$127
      Source: Bloomberg  -  829 words
    • 123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 10,127 10,127 39,896 39,896 Manufacturing 495,497 67,858 563,355 253,864 5,454 259,318 Commerce 124,342 192,296 316,638 80,110 6,647 86,756 Tpt/Stor/Comms 161,254 21,296 182,550 133,501 8,917 142,418 Finance 178,090 3,438 181,528 207,134 1,412 208,547 Construction 58,427 70,281
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    • 115 6 Stock name Close Change CapMallsAsia 1.970 -0.010 CapitaLand 3.240 -0.020 CapitaMall 2.000 -0.010 CityDev 10.67 -0.040 ComfortDelGro 1.955 -0.005 DBS Grp 17.14 -0.250 GLP 2.740 -0.060 Genting SP 1.380 -0.005 Golden Agri 0.515 +0.005 HK Land 6.840 -0.090 HPH Trust US$ 0.740 JMH 56.50 +1.190 JSH
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    • 523 6 CURRENCIES Reuters [SINGAPORE] The Indonesian rupiah fell to a fresh four-year low yesterday, while the central bank held its benchmark interest rate steady as expected. Bank Indonesia (BI) kept the policy rate at 6.50 per cent and maintained the overnight deposit facility rate,
      Reuters; PHOTO: REUTERS  -  523 words
    • 54 6 VOLUME Innopac 144,480,000 Albedo 131,480,000 Thai Beverage 66,904,000 Unionmet 60,816,000 LionGold W*****7 60,600,000 YHM 54,875,000 FreightLinks 53,187,000 LionGold 42,376,000 GSH Corp 42,027,000 OKH Global 41,512,000 VALUE($) DBS Grp 88,870,514 GLP 68,889,940 LionGold 58,789,290 SingTel 56,934,130 OCBC Bk 45,873,050 SPH 39,521,960 UOB 36,780,000 Thai Beverage 36,569,085 Rex Intl
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    • 115 6 BY CENTS CLOSE UP GLD 10US$ ***** 190.4 1.2 JMH 5650 151.1 2.2 DBXT MSCHINA 10US$ 1200 57.1 3.9 DBXT FTVietnam 10US$ 2340 55.9 1.9 Lyxor MS India 10US$ 1240 25.4 1.6 Straits Trdg 419 21.0 5.3 DBS Bk 4.7% NCPS 100 ***** 20.0 0.2 DBXT S&P Short 10US$
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    • 121 6 BY CENTS CLOSE DOWN IS S&P500 ***** -109.2 -0.5 SPDRS S&P 500 10US$ ***** -106.6 -0.5 Jardine C&C 4008 -49.0 -1.2 UOB 2170 -30.0 -1.4 DBS Grp 1714 -25.0 -1.4 CIMBAsean40 100US$ 1080 -14.0 -1.0 DBXT S&P500 10US$ 2759 -14.0 -0.4 HK Land 684 -11.4 -1.3 OCBC Bk 1064
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    • 5 6 DAILY
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  • Page 7 Advertisements
    • 1222 7 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA. THE SECURITIES OF SOILBUILD BUSINESS SPACE REIT HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) AND MAY NOT
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  • Page 8 Advertisements
    • 255 8 Never Hit Another The Road STCars is now available on Android, iPad iPhone for FREE! :V8%|i 4 Volkswagen Beetle 1.2 TSI (A) P,ic *168,300 Eng Cap. I.197 cc Power 105/- bhp/ipm 'VP® Hatchback Volkswagen CrossPolo 1.2 TSI (A) Price *159.800 Eng Cap. 1,197 cc Power 10$/- bhp/tpm Volkswagen Eos 2,0
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  • 852 9 Singapore International Healthcare Week a platform where healthcare operators learn and share innovation and ideas, striving for continuous improvement in patient care delivery SPECIAL FEATURE BY SINGAPORE INTERNATIONAL HEALTHCARE WEEK 16 August 2013 SingHealth Singapore’s largest Academic healthcare cluster has worked alongside
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  • Page 9 Advertisements
    • 301 9 Singapore Internati K j\a\ Healthcare Weelt 19-21 August 2013 Marina Bay Sands, Singapore 1 single platform 80+ highly interactive sessions 130+ hospital improvement showcase 600+ healthcare attendees Co-organised by: v** SingHealth Defining Tomorrow's Medicine sphere c onfereru es SINGAPORE PRESS HOLDINGS For more information, please visit our website www.sihw.com.sg Cambridge;
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  • SINGAPORE NEWS
    • 588 10  -  Call comes after govt says it aims to professionalise social service sector By KELLY TAY THE National Council of Social Service (NCSS) wants corporates to offer job attachment opportunities to the staff of voluntary welfare organisations (VWOs) so that these employees from
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    • 414 10  -  By ANNABETH LEOW THE government is setting aside $42 million to foster innovative use of infocomm technology (ICT) among small and medium-sized enterprises (SMEs) as part of its economic agenda to raise productivity. The Infocomm Development Authority of Singapore (IDA) has issued
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    • 1048 10  -  Oriental Tanks carves a niche for itself in the logistics sector By LIVIA YAP THE non-polar molecules that make up oil practically repel the highly polar molecules of water this is taught in elementary science all over the world. Yet, countless tank containers that transport
      PHOTO: ARTHUR LEE  -  1,048 words
    • 810 10  -  Frasers Centrepoint offer is 18.8% above next highest bid By KALPANA RASHIWALA FRASERS Centrepoint’s top bid yesterday for a 99-year leasehold commercial site at Cecil Street/Telok Ayer Street was 18.8 per cent higher than the next highest offer, by Far East
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    • 536 10  -  By MALMINDERJIT SINGH SPRING Singapore has set aside $10 million to help SMEs in the medical and clean technology sectors to commercialise technology ideas into products and services, Trade and Industry Minister Lim Hng Kiang announced yesterday. The development of the research into
      536 words

  • MALAYSIA/INDONESIA
    • 124 11 Bloomberg [KUALA LUMPUR] The operator of Malaysia’s international airport plans to sell RM1 billion (S$388 million) of Islamic bonds to finance the construction of a budget terminal that’s costing more than initial estimates. Malaysia Airports Holdings (MAH) is considering selling sukuk without a set maturity
      Bloomberg  -  124 words
    • 421 11 Bank wants to achieve a balanced macro economy so that growth is sustained Reuters [JAKARTA] Indonesia’s central bank held its benchmark interest rate yesterday and took steps to contain loan expansion to battle inflation without taking any more steam out of slowing economic
      Reuters  -  421 words
    • 357 11 Move seen as vital to M’sia becoming a high-income nation [KUALA LUMPUR] Malaysia is targeting to raise the contribution of small and medium enterprises (SMEs) to 40 per cent of the country’s gross domestic product (GDP) by 2015, The
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  • Page 11 Advertisements
    • 3973 11 WATO NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FRASER-AMMB RESEARCH PTE LTD (IN MEMBERS’VOLUNTARY LIQUIDATION) (Co. Reg. No: *****3129M) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 4 Shenton Way,
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  • Page 12 Advertisements
    • 238 12 THE STRAITS TIMES WHEREVER YOU ARE Enjoy reading The Straits Times with the Samsung GALAXY Note 8.0 With LTE Get News On The Move. Breaking News updated throughout the day Access to 7-day archive of past Straits Times issues Receive news via Push Alerts wherever you go EXCLUSIVE OFFER WHEN
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  • GREATER CHINA/INDIA
    • 754 13 Three-month investigation aims to stamp out fraud, kickbacks, other antitrust practices in various sectors Reuters [SHANGHAI] China is intensifying its investigation into rampant bribery in the pharmaceutical and medical services sector with a fresh threemonth probe that was slated to begin yesterday, the Xinhua
      Reuters  -  754 words
    • 585 13 Bloomberg [NEW DELHI] India’s slow economic growth will not last long as the government removes hurdles for stalled projects, eases foreign ownership rules and starts work on new ports and rail lines, Prime Minister Manmohan Singh said. “Economic growth has slowed down
      Bloomberg; PHOTO: AP  -  585 words
    • 526 13 Reuters [SHANGHAI] China’s powerful price regulator could target the petroleum, telecommunications, banking and car sectors next in its investigations into violations of the country’s antitrust laws, state media quoted a senior official as saying. The National Development and Reform Commission (NDRC) would
      Reuters; PHOTO: AFP  -  526 words
  • Page 13 Advertisements
    • 23 13 A look at the India growth story as the country celebrates its Independence Day Is the test-tube burger vegetarian? GET YOUR COPY TODAY
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    • 354 13 Attention NRIs and PIOs www.hdfc.com Want to buy a home in Chennai? 24 leading developers. Over 120 projects. I'M 11 Ob ■r-'i ijrmi IfliP HDFCS inolia stalk r-y DESTINATION CHENNAI Venue: Ocean Ballroom, Level 2, Pan Pacific Singapore, 7 Raffles Boulevard, Marina Square, Singapore. Nearest MRT: Promenade Station (Circle Line)
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  • ECONOMY WATCH
    • 520 14  -  But Nikkei falls after finance minister seems to rule out corporate tax cuts By ANTHONY ROWLEY in Tokyo JAPAN’S economy is getting closer to leaving behind the deflation that has plagued it since 2001, the government said yesterday in a cautious assessment of the effects
      PHOTO: REUTERS  -  520 words
    • 740 14 Slowdown in BRIC nations may benefit US, says economist NYT [NEW YORK] The balance of world economic growth is tipping in another direction. Just as economists have begun lowering their forecasts for China and many other developing economies, the American economy is bouncing
      NYT  -  740 words
  • Page 14 Advertisements
    • 239 14 STPROPERTYsg The Best of Malaysia’s Properties Are In Town Registration for quicker access. www.stproperty.sg/showcase 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 STProperty partners with top Malaysian
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  • WORLD
    • 825 15 Offer of benefits and tax breaks to raise birth rates not working NYT [SONNEBERG, Germany] At first glance, this town in central Germany, with rows of large houses built when it was a thriving centre of toy manufacturing, looks tidy and prosperous. But
      NYT; PHOTO: NYT  -  825 words
    • 691 15 Housing and child care the biggest components: report Bloomberg [WASHINGTON] A mid-dle-income family in the United States will spend US$241,080 on average in 18 years to raise a child born in 2012, a 2.6 per cent increase from a year ago
      Bloomberg  -  691 words
    • 773 16 860m Swiss franc acquisition is costing the bank more than it bargained for Reuters [ZURICH] Chief executive Boris Collardi had wanted Julius Baer to look East since his Ferrari first roared into the bank’s car park in 2006, but the
      Reuters; PHOTO: REUTERS  -  773 words
    • 477 16 AP [WASHINGTON] The dec-ades-long era of “cheap rice” when technological advances drove down prices of Asia’s staple food may be over, but that could be good news for farm labourers, a British development think tank says. While the rising cost
      AP; PHOTO: REUTERS  -  477 words
    • 578 16 Bloomberg [NEW YORK] Two former JPMorgan Chase Co employees have been charged by US prosecutors with attempting to conceal trading losses at the largest US bank last year as part of a probe of its US$6.2 billion loss on derivatives bets. Javier Martin-Artajo,
      Bloomberg  -  578 words
    • 378 16 AFP [PARIS] Global warming is causing apples to lose some of their crunch but is also making them sweeter, a study said yesterday. Analysing data gathered from 1970 to 2010 at two orchards in Japan, a research team said there was clear evidence
      AFP  -  378 words
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  • Page 16 Advertisements
    • 558 16 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices INVITATION TO EXPRESS INTEREST Company with computerized system design and highly automated manufacturing capabilities in cable support system, floor distribution system, electronic data cabling cabinets, patched panels, IP rated metal enclosures, termination connection boxes, raised floor panels and cable support brackets is
      558 words
    • 302 16 NAS MANAGEMENT PTE LTD (COMPANY REGISTRATION NO. *****0342G) NOTICE OF SPECIAL RESOLUTION NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DULY CONVENED AND HELD ON THE 13TH DAY OF AUGUST 2013 THE FOLLOWING SPECIAL RESOLUTION WAS PASSED: That pursuant to Section 290(1 )(b) of the
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    • 202 16 TITAN SOLAR PTE LTD (COMPANY REGISTRATION NO. *****2301H) NOTICE OF SPECIAL RESOLUTION NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DULY CONVENED AND HELD ON THE 13TH DAY OF AUGUST 2013 THE FOLLOWING SPECIAL RESOLUTION WAS PASSED: That pursuant to Section 290(1 )(b) of the
      202 words

  • AVIATION/SHIPPING
    • 647 17 Port calls are up but terminals post losses due to overspending and poor planning Reuters [HONG KONG] China has steamed into the cruise industry with new terminals –along with big plans for more facilities and a luxury ship to bring more foreign tourists
      Reuters; PHOTO: REUTERS  -  647 words
    • 236 17 SGX '000 Aug 15 S$ +/-Vol CH Offshore unch unch 0 Chuan Hup Hldg unch unch 0 Cosco Corp 0.72 unch 1051 s$ First Ship Lea CH Offshore Freight Links Cosco Corp Grand Banks............unch unch 0 Jaya Hold Ltd 0 72 K1Ventures 0.20 unch ***** Keppel Corp 10.53
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    • 934 17 AP [DALLAS] The merger between American Airlines and US Airways was supposed to cap an era of consolidation that helped the airline industry return to profitability. And it would produce a stronger competitor to giants United and Delta. Now, a government lawsuit to
      AP; PHOTO: AP  -  934 words
    • 593 17 US$20b strategy aimed at ending losses at Spain ops Bloomb erg [LONDON] British Air-ways-parent IAG SA’s plan to purchase US$20 billion worth of Airbus SAS short-haul planes underscores chief executive officer’s Willie Walsh’s drive to end losses in Spain and back discount unit
      Bloomberg; PHOTO: BLOOMBERG  -  593 words
  • Page 17 Advertisements

  • Page 18 / 19 Advertisements
    • 43 18 / 19 CONGRATULATIONS on the successful listing of on the Mainboard of the Singapore Exchange Securities Trading Limited A quality investment in best-in-class business space assets Lian Tat (Jack) Engineering Pte Ltd Jack Tok Eng Tuan Ong Kim Tiong Trading GIP Property Ventures Pte Ltd
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  • EDITORIAL & OPINION
    • 479 20 EDITORIAL AND so, after 18 long months, the beleaguered eurozone is finally out of recession on paper, at least. Europe's gross domestic product (GDP) grew by 0.3 per cent in the three months ended June 30, the first time it has seen a
      479 words
    • 783 20  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 OPTIMISM over a relaxation of tensions in the South China Sea generated by China’s agreement to discuss a code of conduct with the
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    • 906 20  -  Growing meat demand offers opportunities to invest in fertilisers, seeds and irrigators REUTERS BREAKINGVIEWS By QUENTIN WEBB GET ready for a protein shake-up. As the world gets richer and more urban, palates get meatier. That places big demands on a fragile planet. But
      PHOTO: REUTERS  -  906 words
    • 1253 21  - Fukushima: the saga continues There could be worse to come Tepco’s credibility has been strained by repeated instances of telling only half-truths ANTHONY ROWLEY Tokyo Correspondent IF THE story of Japan’s Fukushima disaster were a movie, then the sequel to the main drama should probably be called Just When You
      PHOTO: AP  -  1,253 words
    • 948 21  -  By NEETA LAL The writer is a New Delhi-based journalist WITH economic growth at 10-year low and a general election looming, Indian Prime Minister Manmohan Singh and Finance Minister Palaniappan Chidambaram have announced an eight-week action plan to push through a slew
      PHOTO: AFP  -  948 words


  • PROPERTY
    • 952 22 Agents offer aerial view of opulent mansions on sale in the Hamptons NYT [NEW YORK] “We’re right over Sagaponack,” Christopher Burnside announced from the front seat of a tiny four-seat Cessna as he cruised over an ocean of mansions and tennis courts.
      NYT; PHOTO: NYT  -  952 words
    • 915 24 Buyers may hold back on bids for Hong Kong supermarket chain Bloomberg [HONG KONG] Soaring Hong Kong rents helped make Li Ka-shing Asia’s richest man. They’re now becoming a hindrance as he looks to sell the city’s No 2 grocery chain. His biggest company,
      Bloomberg; PHOTO: REUTERS  -  915 words
    • 1187 26 High-end homes are left empty for much of the year, hitting surrounding shops Reuters [LONDON] Custom at David Zambra’s upmarket central London shop, once a supplier of stationery to Queen Victoria’s family, has fallen 10 per cent each year since 2009. The British
      Reuters; PHOTO: REUTERS  -  1,187 words
  • Page 22 Advertisements
    • 124 22 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D04 HOUSE FOR SALE PARADISE ISLAND Paradise Island Sentosa Resort Villa. Pte berth, pool. 6 bedrooms. Gorgeous sunset view. $18.8M. Michael Tan 9661 5010 Jones Lang Lasalle D10 HOUSE FOR SALE BELMONT ROAD Elegant GCB. *****/ ***** sqft, 5+1. 20m pool large
      124 words
    • 123 22 D11 21 HOUSE FOR SALE BUNGALOW Award Winning Architect. 4500/ 8100 sqft. Top Quality, 1 only design. 25 metre frontage. Call Jackie Ng 9851 5268 Savills D11 21 HOUSE FOR SALE CHANCERY LANE Coveted Chancery Lane Good Class Bungalow. 23,932 sq.ft. Freehold. Regular plot. Lush. Prestigious!!! Dial 9098 8888 CS
      123 words
    • 139 22 D11 21 HOUSE FOR SALE SEMI-DETACHED Enjoy Stunning View! Oriole Vicinity. Freehold Semi-D. 3 storey attic pool. Land 3600 sqft. $6.9m only! Motivated seller. Wong SY 9640 3389 D11 21 HOUSE FOR SALE THE CHANCERY RESIDENCE Cluster House. Rare unit! Bright, 3477 sqft. 4rms 3 ensuites. High ceiling. $3.3M negotiable.View
      139 words
    • 132 22 D15 HOUSE FOR SALE JEDBURGH GARDENS Urgent sale Jedburgh Gardens 2½ Sty Bungalow. FH. Approx 4300/4000sf. 6+1 rms. A1 renovation. Good schools/ MRT/ eateries. 8288 3753 Stev D15 HOUSE FOR SALE SIGLAP Freehold 3-storey Bungalow Siglap, Land 4682 sqft. Renovated, 6-bdrms. Home Lift, Theatre, View Sat/ Sun. Alicia 8484 4777
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    • 136 22 D19 HOUSE FOR SALE BOUNDARY ROAD 3.5 storey corner terr Boundary Rd. Approx land 2152/ 3500 sqft. F’hold. 11 years. 5+1. NEX/ MRT. Viewing by appt. Richard 9647 9755 D19 HOUSE FOR SALE PARRY AVENUE Rare! Parry Ave 3 sty corner terr. Land 3581 sqft. 999 yrs. Like new. Well
      136 words

  • Page 23 Advertisements
    • 419 23 D20 HOUSE FOR SALE THOMSON GARDEN 2-Storey F’hold Semi-D. Land 2713 sf. 3+granny Marymount MRT/Shunfu mkt. Near Bishan town. Great Investment! 9173 3138 D20 HOUSE FOR SALE THOMSON HILL ESTATE 2-sty semi-detached. 4+1 rooms. Land 3675 sqft. Freehold. Move-in cond. Near CHIJ St Nicholas. D23 HOUSE FOR SALE MERA GARDENS
      419 words
    • 167 23 D03 APARTMENT FOR SALE QUEENS 1195 sf. Spacious 3 bdrm Mins walk Q’stown MRT Quiet facing. Good Invest! Sunny Ee 8388 9894 D04 APARTMENT FOR SALE SEASCAPE SENTOSA 3+1, 2337 sqft. Beautiful Ocean view. Near Tanjong beach. Ultimate lifestyle. Shin *****208 D05 APARTMENT FOR SALE ONE ROCHESTER Rare Loft unit,
      167 words
    • 171 23 D09 APARTMENT FOR SALE HIJAUAN Hijauan On Cavenagh Road. Very attractive pricing! Nice layout. Next to Istana. Quiet yet convenient. Corinna 8180 1363 D09 APARTMENT FOR SALE ILLUMINAIRE ON DEVONSHIRE Freehold 2-bedroom, high floor, unblocked, 721 sf. Tenanted. 3 minutes to Somerset MRT station. $1.xM. Lina 9128 7675 Huttons D09
      171 words
    • 162 23 D09 APARTMENT FOR SALE URBAN RESORT Freehold Orchard. 2xxm to Paragon, MRT. Fr 2121 sf, all ensuite, pte lift. Fr $24xx psf only. Call 8181 7777 Paul D10 APARTMENT FOR SALE LEEDON RESIDENCE Leedon Residence. $1800 psf! Exclusive 381 units. Freehold. Architect SCDA. Farrer Road MRT. Call Chris Chua 9382
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    • 174 23 D15 APARTMENT FOR SALE SANCTUARY GREEN Fire Sale! Sanctuary Green. 3 bedrooms, 2 ensuites, 1356 sqft. High floor, pool view! Original condition!! Evan Liew 9760 9917 (ERA) D16 APARTMENT FOR SALE CASA MERAH 1550 sf. 4+1. Low floor. Pool view. Near MRT. Tenanted $5k till Dec 2013. Asking $neg. D17
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  • Page 24 Advertisements
    • 138 24 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WATS D19 APARTMENT FOR SALE KENSINGTON SQUARE Jln Lokam. Collection of Interest! Mixed development, Res, Commercial. 8 mins to MRT, Educational Hub. Major expressways. 9680 1771 Margaret D23 APARTMENT FOR SALE LAUREL TREE Freehold Penthouse with jacuzzi. $916K onwards. 818 sqft. High
      138 words
    • 119 24 D10 HOUSE FOR RENT JALAN SAMPURNA 2-Storey Bungalow Jalan Sampurna 8802 sqft. 6 rooms with pool. Choice location. Rental $15K. Christina 9855 7733 D10 HOUSE FOR RENT THIRD AVENUE D10 Good Class Bungalow. Third Avenue, Hilltop 20K sqft. 6+1. Big patio. New aircons and windows. Pool. Lush greenery. Owner 9752
      119 words
    • 126 24 D19 HOUSE FOR RENT 49B LORONG ONG LYE Renovated $250K. 2.5-storey semi-d. 3700/ 4200 sqft. 6+1, big bdrms/ kitchen. Near 2 MRTs/ NEX/ Int’l schs. Expat family. Immed. $8.XK. *****398 D19 HOUSE FOR RENT SERANGOON GARDENS Owner offers p/furn renovated 4-Sty Semi-D for immed rental $7.5K neg. Land 3000 Built
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    • 118 24 D01 APARTMENT FOR RENT ONE SHENTON 1130 sf. 2-rm. Full nicely furnished. High flr. Available Oct. Nice landlord. Asking $6.5K neg. Also for sale. Call Daryl 8484 7799 D05 APARTMENT FOR RENT THE PEAK The Peak Pepys 5500 sf, 4bdrm. Very spacious with big balcony. $15K. Sea view Hurry Call
      118 words
    • 118 24 D10 APARTMENT FOR RENT SERENADE@HOLLAND Rare! Serenade Holland. 4+1, all attached balcony. Good condition! Partially furn. Immediate. International Sch/ MRT. Ivy 9726 7472 D10 APARTMENT FOR RENT SOMMERVILLE GRANDEUR 1830 sf, 3+1. Well renovated. Full facilities. Near MRT market. negotiable Excellent Location. 9733 3368 Cindy D12 APARTMENT FOR RENT DE
      118 words

  • Page 25 Advertisements
    • 224 25 D15 APARTMENT FOR RENT MIA PLACE Miaplace 3 bedroom, Private lift, 1453 sqft, $4600 Call 6338 4480 Julian. View: www.sgpd.info/ar/18 D01 SHOP FOR SALE SIM LIM SQUARE 5.5% Yield. Very prime location. Grade A tenant $12K rent. Hurry! Contact 9622 4115 D07 SHOP FOR SALE BUSSORAH STREET Investor’s Choice! 2-storey
      224 words
    • 214 25 D15 SHOP FOR SALE THE FLOW Next to 112 Katong. Shopping Mall The Flow, 56-unit Retail, F&B, Clinics Food Court. From $3077 psf. Philip Khoo 8100 9111 D16 LAND FOR SALE CHANGI ROAD VICINITY Near HDB/ MRT. Leasehold. Huge Ind land for sale. Area 300,000 sqft. Interested please call: 8459
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    • 224 25 D19 SHOP FOR SALE KENSINGTON SQUARE Freehold Integrated Mixed Devt Paya Lebar. New F&B shop/ Retail/ 1/ 2/ 3 rm. Near MRT D20 FACTORY FOR SALE JALAN PEMIMPIN Jalan Pemimpin. Freehold. B1 ramp-up. 6m high ceiling. 100% useable area 1636+ sqft. 1 min MRT. 9615 6013 Serene D22 FACTORY FOR
      224 words
    • 196 25 D14 FACTORY FOR RENT DETACHED FACTORY Aljunied Opp MRT. 9500 sqft. Excellent Corporate Image. Big Compound. Ideal Showroom and Most Trades. Call Davies 9666 5555 DIC D14 FACTORY FOR RENT PAYA LEBAR 9,000/ 80,000 sqft. 15kn high power. Ceiling Height: 5 or 6 metres. Minutes walk to MRT. Good location.
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    • 245 25 D23 FACTORY FOR RENT PIONEER LOT Pioneer Lot Benoi Road. 3-storey cum office. Corner. *****sf, Available in 01/08. Convenient. Ivan 9271 0916 D15 SHOP FOR RENT PARKWAY PARADE Retail space for takeover. Best location!!! Heavy human traffic. With Clientele. Call Sim 9853 2365 www.lhsimproperty.com FOREIGN PROPERTY FOR SALE BAYOU WATER
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  • Page 26 Advertisements
    • 253 26 Call Toll-free 1800-289-9988 To Place LAUNCHING SOON sti ITr l r—. i' RESIDENCES 999 YEARS Welcome to our PRESENTATION Great World City (in front of boutique Sephora) Tanglin Mall (in front of boutique British India) QDTZ a UGL company DTZ Property Network Pte Ltd CEA Licence No: L*****60A 4 Bdrnns
      253 words
    • 50 26 Join us at Goodwood Park as we introduce Medini Iskandar's first 30-storey High rise Office development^ Date 17th 18th Aug Time :11am to 6pm Venue Goodwood Park Hotel Tudor Ballroom 22 Scotts Road Call Thomas Tsang foraVVIP reservation 9069 *****8168 8163 limiteji^ it m VESTASIA CORPORATE RESIDENTIAL SERVICES PTE LTD
      50 words
    • 35 26 Sentosa South Cove Modern Villa 8100/1 BOOOsqft Quiet 6+1 Basement Best Waterway View! Pool, Pte Berth, Lift Also for Rent! Veronica LimRoi975oi Q CCA* QC M a UGL company -T JJV/070 Agency Ucence No: L*****60A
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    • 12 26 nTXTT^rr min Agents Welcome Call/SMS Email to Owner 98 635 635 *****996
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  • 2343 27 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
    2,343 words
  • Page 27 Advertisements
    • 73 27 Legal services required by shippers owners Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 M the business times Shipping Times FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? Shippers looking for Warehouse
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    • 18 27 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
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  • Page 28 Advertisements
    • 144 28 mporters coking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE
      144 words

  • SINGAPORE STOCKS
    • 3114 29 Transaction date: Aug 15 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 3.1 A-Sonic --AAT Vol Day Last Quote (’000) High Low Buyer Seller Div Gr Yld 11.5 7 AEM
      3,114 words
    • 248 30 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale C000) High Low Buyer Seller C’vr P/E Smil jnch
      248 words
    • 10746 30 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 9947/ Asian Smaller Cos!** 1 9807/ China Opportunities 2 9074/ Local
      10,746 words
    • 262 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 49.1 25 AVJennings A44.5 -0.5 66 45 44.5 44.5 45 3.6 7.9 3.6 164.8 52 31 Genting HK US$ US44.5 unch 406 44.5 44 44 44.5 2930.1
      262 words
    • 883 30 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 133.5 133.3 134.2 114.4 99 CIMB APAC Div 100US$ US104.5 104.8 105.6 11
      883 words


  • FINANCE & COMMODITIES
    • 597 31 Aug 15 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.64 *****.16 *****.12 Sep13 *****.00 *****.00 *****.00 *****.00 *****8 *****1 Dec13 *****.00 *****.00 *****.00 *****.00 17 ***** MSCI TAIWAN INDEX FUTURES SPOT 279.52 279.52 275.64 Aug13 278.30 278.40 274.00 276.40 ***** *****8 Sep13 277.40
      597 words
    • 373 31 In local curr In S$ In US$ dy yr dy yr dy yr Aug 14 Index Change Change Change Change Change Change World Preliminary 1095.1 0.0 16.7 0.2 18.7 0.1 14.2 EAFE Preliminary 899.6 0.4 16.1 0.8 15.1 0.7 10.8 Europe Preliminary 1285.6 0.1 12.1
      373 words
    • 471 31 Aug 15 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.946 5.611 0.690 7.115 56.253 94.887 0.898 10.257 3.007 1.135 94.172 40.182 1.165 9.089 0.856 27.533 28.684 0.590 0.917 Canada 1.057 5.932
      471 words
    • 53 31 Aug 15 (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$) 1 mth 1 mth 2 mths 2 mths 0.***** 3 mths 9 mths 12 mths 9 mths
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    • 84 31 Aug 15 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 19-Sep-13 0.26 6-Month BS*****V 07-Feb-14 0.28 1-Year BY*****H 02-May-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 100.04 5-Year N*****0T 0.5 01-Apr-18 98.02
      84 words
    • 134 31 Aug 15 GOLD(US$/oz) Aug 15 Aug 13 Hong Kong 1347.00 1346.30 Aug 14 Aug 13 London 1332.07 1326.26 1332.85 1327.05 Source: Thomson Reuters CAST BAR Aug 15 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 123 55 5gm 350 273 10gm 624 547
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    • 53 31 Aug 15 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 13 2334.0 652 Sep 13 2340.0 2330.0 2352.0 2336.0 837 7557 Oct 13 2304.0 2290.0 2320.0 2298.0 ***** ***** Nov 13 2287.0 2277.0 2302.0 2282.0 ***** *****
      53 words
    • 155 31 Aug 15 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1645 1.1656 0.9172 0.9177 Canadian dollar 1.2312 1.2324 0.9703 0.9697 Euro 1.6876 1.6885 1.3292 1.3294 NZ dollar 1.0258 1.0269 0.8080 0.8085 Sterling pound 1.9728 1.9741 1.5539 1.5543
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    • 109 31 Aug 14 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 13 1368.00 1359.75 1376.00 1347.00 Sep 13 1269.50 1257.75 1271.00 1243.25 Nov 13 1239.00 1227.75 1240.00 1213.00 Jan 14 1243.25 1232.50 1244.25 1218.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Aug 13
      109 words
    • 95 31 Aug 14 COCOA (£/tonne) Close Prev High Low Sep 13 1652 1633 1662 1625 Dec 13 1655 1638 1666 1632 Mar 14 1637 1628 1648 1617 May 14 1635 1628 1645 1617 COFFEE(US$/tonne) Close Prev High Low Sep 13 1959 1932 1968 1930 Nov 13 1926 1908 1936 1902
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    • 1096 31 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4.1 -0.3 5 0.0 5 -44 59 Asia-Pacific Strategic W*****6 0.1 1 123 1268 90.00 9 Ratio Albedo Limited W*****9 1.7 0.2 ***** Price Ascendas Reit MB ECW*****3
      1,096 words
    • 70 31 CRUDE OIL PRODUCTS Aug 14 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.50 0.10 WTI (Near Mth) 106.86 0.27 Dubai (1-Mth F) 104.38 -0.45 Tapis blend 116.11 -0.53 Minas 108.81 -0.53 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 100.33 -0.23 Jet Kerosene 124.05 -0.29 US$/barrel OpecOil Basket
      70 words
    • 22 31 Aug 15 S$ Bid Offer 1-month 1.2696 1.2701 2-months 1.2695 1.2702 3-months 1.2696 1.2702 6-months 1.2695 1.2705 Source: OCBC
      22 words
    • 66 31 Aug-14 Aug-14 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1844.50 1833.55 3 months 1892.50 1881.00 Copper, Grade A(US$/tonne) Cash 7293.75 7251.75 3 months 7318.00 7275.00 Lead(US$/tonne) Cash 2198.50 2168.50 3 months 2209.00 2180.00 Nickel (US$/tonne) Cash *****.00 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • 121 31 As at 9am Aug 15 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.188 1.132 Can dollar 1.251 1.203 Euro 1.723 1.641 Sterling pound 2.007 1.930 NZ dollar 1.046 1.006 US dollar 1.295 1.234 Local dollars to 100 units of foreign
      121 words
    • 157 31 Aug 15 $S Offer Bid 0vernight 0.05 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ 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
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  • executive lifestyle
    • Article, Illustration
      1806 32  -  The farm-to-table movement has spread from gourmet restaurants to the craft-cocktail scene in the US, and is slowly making inroads here. DEBBIE YONG speaks to local bars which have recently sprouted herb gardens of their own DEBBIE YONG BYRON Tan, 24, has never had green fingers. While his
      PHOTOS: JOHN HENG; PHOTO: DEBBIE YONG  -  1,806 words
    • CINEMA
      • 623 33  -  Director Neill Blomkamp’s Elysium paints a depressing portrait of segregation and the socio-economic divide, says GEOFFREY EU GEOFFREY EU IN Elysium, South African director Neill Blomkamp’s bleak vision of a dystopian future where the world is divided into the haves and have-nots, life on
        PHOTO: AP  -  623 words
      • 611 33  -  By GEOFFREY EU A MOVIE about the guy who founded the mother of all start-ups comes attached with mega-sized expectations but Jobs, which presents a byte-sized version of the rise and fall and rise again of Apple guru Steve Jobs, doesn’t come close to meeting them.
        PHOTO: AP  -  611 words
      • 516 33  -  By DYLAN TAN YOU’D expect a movie with Robert De Niro and John Travolta in it to come with more fanfare; especially since Killing Season marks th e d uo s f i rs t ever on-screen pairing. But despite having two marquee names on
        516 words
      • 654 33  -  By GEOFFREY EU BEFORE Gary Glitter and Freddie Mercury, there was Mr Showmanship himself: Liberace, a lar-ger-than-life, absurdly flamboyant American entertainer who knew how to tickle the ivories in ways that would make Mozart and Chopin turn in their graves. He also
        PHOTO: AP  -  654 words
    • ARTS/MUSIC
      • 685 34  -  Classical ballet isn’t enough anymore for dance companies as Masterpiece in Motion shows, reports CHEAH UI-HOON A CLASSICAL, a neoclassical and a contemporary piece mixed with African moves Singapore Dance Theatre’s (SDT) upcoming triple bill will showcase the dancers’ versatility. nd versatility
        685 words
      • 540 34  -  By HELMI YUSOF WHEN local play Everything But The Brain debuted in 2005, it was lauded as a touching and accessible drama that, among other things, respected text and dialogue a counterpoint to the abstruse, move-ment-driven plays that were appearing on other stages. Everything
        540 words
      • 418 34  -  By HELMI YUSOF WHEN Singaporeans think of Japan and Singapore in terms of historical links, most tend to think of the Japanese Occupation between 1942 and 1945, where many perished under terrible circumstances. But a new play by The Necessary Stage is trying to recast that reality
        PHOTO: JOHN HENG  -  418 words
      • 400 34  -  By DYLAN TAN WHEN Stereophonics released their seminal 1997 debut Word Gets Round, it was during the height of Britpop and the Welsh band faced serious competition from giants of the genre including the likes of Blur and Oasis. While many of those acts
        400 words
    • ARTS/WINE
      • 874 35  -  Rejected and ignored for almost 30 years, Cheo Chai-Hiang’s 5x5 finally gets due recognition, reports HELMI YUSOF IN a former church building along Middle Road, there is a large white room where a beam of light measuring five feet by five
        PHOTOS: HELMI YUSOF  -  874 words
      • 645 35  -  By HELMI YUSOF WHAT do politician Lee Kuan Yew and artist Andy Warhol have in common? Quite a number of things. Both are famous men born in the 1920s and both founded something Mr Lee founded modern, independent Singapore in 1965, while Warhol founded
        645 words
      • 557 35  -  By SAMUEL EE CATALAN cava is going places as quality goes up and prices go down. One well-known fan of Catalan cava is said to be wine critic Robert Parker. According to the man behind the influential Wine Advocate, champagne still has
        557 words
      • 230 35  -  By SAMUEL EE SINCE Spanish cava was modelled after French champagne, there are some similarities. However, as only producers of sparkling wine in the Champagne region may use the name of this French appellation, there are also some marked differences. Grapes Champagne uses three traditional grapes, either
        230 words
    • WINE/ARTS
      • 1203 36  -  A simple wine from an inexpensive appellation, La Pialade 2001, holds many lessons for NK YONG NK YONG I SERVED a wine blind last week at a friend’s dinner. I did not want them to be influenced by the label. The dinner guests were
        PHOTOS: NK YONG  -  1,203 words
      • Around Town
        • Article, Illustration
          99 36 Dude’s Show Musings and Meditations on His Reality: Remember The Last Kopitiam (below), local photographer Eugene Soh’s parody of Leonardo da Vin- ci’s The Last Supper that made its rounds on social media? Now see the real thing, along with Soh’s other works including his videos and installation pieces
          99 words
        • 84 36 The Music Mentorship Concerts: Seventeen emerging local acts will take the stage as part of The Music Mentorship Concerts this weekend. The bands have been paired up with local musicians as their mentors for the past four months in preparation for the show which is part of the annual
          84 words
        • 120 36 50 Greatest Photographs of National Geographic: The 50 Greatest Photographs of National Geographic exhibition debuts in South-east Asia tomorrow at the ArtScience Museum. It includes images from the magazine’s 125-year history such as Steve McCurry’s compelling photo of the Afghan girl, Michael “Nick” Nichols’ picture of Jane Goodall with
          120 words
        • 95 36  -  Compiled by RACHEL LOI Chinese Theatre Festival: The second Chinese Theatre Festival will be back at the end of this month with four productions from Singapore and Taiwan. These include La Naissance, a children’s show with puppetry and music, the story of the famous heroine Mulan, as well as
          95 words
    • 765 36 ZEISS Progressive Individuals BROUGHT TO YOU BY ZEISS In the final instalment of a three-part series on ZEISS Progressive Individuals, an accomplished optometrist shares his vision for a progressive community. In 1976 when Dr. Stan Isaacs returned to Singapore after graduating, eye care was largely unregulated,
      765 words



  • Page 35 Miscellaneous
    • 308 35 CRYPTIC CROSSWORD Across 3 Why one is attending sale that’s uninviting (10) 8 A jolly lady that sailed from Spain (6) 9 One fine piece of work, and just as well (1,4,3) 10 Transfusion of fresh talent? (3,5) 11 Found in shack: left-handed comb (6) 12 Sort out a profit
      308 words