The Business Times, 16 August 2013
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2013-08-16
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The Business Times
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Title Section25 2013-08-16 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Friday, August 16, 201325 words
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Article, Illustration679 2013-08-16 1 NEIL BEHRMANN - Latest data gives her a boost, but burden on German taxpayer may dominate debate By in NEIL BEHRMANN in London THE eurozone has climbed out of its recession and German Chancellor Angela Merkel has received an economic growth boost as her election campaignSource: IT-Finance.com - 679 words
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851 2013-08-16 1 MINDY TAN - Buyers turning cautious, looking at more cost-effective options: analysts By MINDY TAN [SINGAPORE] Even as sales of private homes plunged last month, on the back of limited launches and the introduction of the Total Debt Servicing Ratio (TDSR), there has been851 words
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446 2013-08-16 1 RONNIE LIM - Low-key oil trader with office here fingered in arrest of state energy regulator’s chief By RONNIE LIM [SINGAPORE] The website of low-key oil trader Kernel Oil bore an “under maintenance” sign yesterday morning. In the afternoon, the site was back up, with its446 words
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MARKETS DIGEST
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Article65 2013-08-16 1 HST INDEX 3,220.92 (-27.74) HST INDEX FUTURES 3,212.00 (-22.00) HSIMSCI 366.05 (-3.44) HSIMSCI FUTURES 364.60 (-3.60) US$ 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 RUPIAH65 words
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Article46 2013-08-16 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 -48.3846 words
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Article20 2013-08-16 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: Bloomberg20 words
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Page 1 Advertisements
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Advertisement80 2013-08-16 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-cocktail80 words
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Advertisement26 2013-08-16 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 *****426 words
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TOP STORIES
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Article, Illustration502 2013-08-16 2 TEH SHI NING - 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 4Source: Department of Statistics, Singapore - 502 words
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511 2013-08-16 2 S JAYASANKARAN - 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 Maybank511 words
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619 2013-08-16 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. IndustrialBloomberg - 619 words
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Article562 2013-08-16 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,562 words
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408 2013-08-16 4 RONNIE LIM - 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.408 words
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Article, Illustration523 2013-08-16 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
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792 2013-08-16 4 MICHELLE QUAH - 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 and792 words
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628 2013-08-16 4 NEETA LAL - 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 Companies628 words
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Advertisement133 2013-08-16 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, ASEAN133 words
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Advertisement139 2013-08-16 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 1139 words
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Page 3 Advertisements
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Advertisement84 2013-08-16 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 of84 words
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Page 4 Advertisements
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COMPANY NEWS
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Article, Illustration488 2013-08-16 5 JOYCE HOOI - 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 flightsPHOTO: AFP - 488 words
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191 2013-08-16 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 TelecomBloomberg - 191 words
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286 2013-08-16 5 TEH SHI NING - 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, rising286 words
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282 2013-08-16 5 JASMINE NG - 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 fell282 words
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920 2013-08-16 7 R SIVANITHY - 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 would920 words
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COMPANY BRIEFS
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63 2013-08-16 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 its63 words
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80 2013-08-16 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 institutional80 words
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77 2013-08-16 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 50077 words
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145 2013-08-16 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 a145 words
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Article48 2013-08-16 7 VARD Holdings has acquired Johangarden AS (JGAS) for NOK12.4 million (S$2.7 million) via its wholly-owned subsidiary Vard Electro AS. JGAS owns business premises in Tennfjord, outside Alesund, Norway, and Vard Electro will consolidate part of its operations at the facilities owned by JGAS.48 words
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Article378 2013-08-16 8 Six months ended June 2013 NET PROFIT (S$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 21.0378 words
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Article318 2013-08-16 8 RONNIE LIM - 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 enable318 words
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Article, Illustration582 2013-08-16 8 CAI HAOXIANG - 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 conglomerateSource: Bloomberg - 582 words
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Advertisement118 2013-08-16 5 /i ■A 5" UP? 7 f 9 0 f 60 SO /o mm mm 40 2, 35 'V, ""/On sllllll 30 M Z1I&-S3D URWERK PRESENTS THE UR-210 AND ITS REVOLVING SATELLITE COMPLICATION WITH FLYBACK MINUTE HAND URWERK has its origins in the town of Lir in Mesopotamia. URWERK GENEVE WWW.URWERK.COM118 words
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SINGAPORE MARKETS
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Article, Illustration579 2013-08-16 6 R SIVANITHY - 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 nursingSource: Bloomberg - 579 words
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Article73 2013-08-16 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 FTSE73 words
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Article186 2013-08-16 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 10186 words
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Article, Illustration829 2013-08-16 6 TEH SHI NING - 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$127Source: Bloomberg - 829 words
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Article123 2013-08-16 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 10,127 10,127 39,896 39,896 Manufacturing 495,497 67,858 563,355 253,864 5,454 259,318 Commerce 124,342 192,296 316,638 80,110 6,647 86,756 Tpt/Stor/Comms 161,254 21,296 182,550 133,501 8,917 142,418 Finance 178,090 3,438 181,528 207,134 1,412 208,547 Construction 58,427 70,281123 words
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Article115 2013-08-16 6 Stock name Close Change CapMallsAsia 1.970 -0.010 CapitaLand 3.240 -0.020 CapitaMall 2.000 -0.010 CityDev 10.67 -0.040 ComfortDelGro 1.955 -0.005 DBS Grp 17.14 -0.250 GLP 2.740 -0.060 Genting SP 1.380 -0.005 Golden Agri 0.515 +0.005 HK Land 6.840 -0.090 HPH Trust US$ 0.740 JMH 56.50 +1.190 JSH115 words
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Article, Illustration523 2013-08-16 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
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Article54 2013-08-16 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($) DBS Grp 88,870,514 GLP 68,889,940 LionGold 58,789,290 SingTel 56,934,130 OCBC Bk 45,873,050 SPH 39,521,960 UOB 36,780,000 Thai Beverage 36,569,085 Rex Intl54 words
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Article115 2013-08-16 6 BY CENTS CLOSE UP GLD 10US$ ***** 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$115 words
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Article121 2013-08-16 6 BY CENTS CLOSE DOWN IS S&P500 ***** -109.2 -0.5 SPDRS S&P 500 10US$ ***** -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 1064121 words
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Page 7 Advertisements
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Advertisement1222 2013-08-16 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 NOT1,222 words
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Advertisement255 2013-08-16 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 2,0255 words
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Article, Illustration852 2013-08-16 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 alongside852 words
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Advertisement301 2013-08-16 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;301 words
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SINGAPORE NEWS
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588 2013-08-16 10 KELLY TAY - 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 from588 words
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414 2013-08-16 10 ANNABETH LEOW - 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 issued414 words
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Article, Illustration1048 2013-08-16 10 LIVIA YAP - 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 transportPHOTO: ARTHUR LEE - 1,048 words
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810 2013-08-16 10 KALPANA RASHIWALA - 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 East810 words
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536 2013-08-16 10 MALMINDERJIT SINGH - 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 into536 words
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MALAYSIA/INDONESIA
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Article124 2013-08-16 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 maturityBloomberg - 124 words
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421 2013-08-16 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 economicReuters - 421 words
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357 2013-08-16 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, The357 words
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Page 11 Advertisements
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Advertisement3973 2013-08-16 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,3,973 words
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Page 12 Advertisements
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Advertisement238 2013-08-16 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 WHEN238 words
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GREATER CHINA/INDIA
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754 2013-08-16 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 XinhuaReuters - 754 words
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Article, Illustration585 2013-08-16 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 downBloomberg; PHOTO: AP - 585 words
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Article, Illustration526 2013-08-16 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) wouldReuters; PHOTO: AFP - 526 words
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Page 13 Advertisements
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Advertisement23 2013-08-16 13 A look at the India growth story as the country celebrates its Independence Day Is the test-tube burger vegetarian? GET YOUR COPY TODAY23 words
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Advertisement354 2013-08-16 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)354 words
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ECONOMY WATCH
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Article, Illustration520 2013-08-16 14 ANTHONY ROWLEY - 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 effectsPHOTO: REUTERS - 520 words
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740 2013-08-16 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 bouncingNYT - 740 words
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Page 14 Advertisements
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Advertisement239 2013-08-16 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 Malaysian239 words
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WORLD
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Article, Illustration825 2013-08-16 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. ButNYT; PHOTO: NYT - 825 words
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691 2013-08-16 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 agoBloomberg - 691 words
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Article, Illustration773 2013-08-16 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 theReuters; PHOTO: REUTERS - 773 words
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Article, Illustration477 2013-08-16 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 costAP; PHOTO: REUTERS - 477 words
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578 2013-08-16 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
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378 2013-08-16 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 evidenceAFP - 378 words
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Advertisement558 2013-08-16 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 is558 words
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Advertisement302 2013-08-16 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 the302 words
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Advertisement202 2013-08-16 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 the202 words
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AVIATION/SHIPPING
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Article, Illustration647 2013-08-16 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 touristsReuters; PHOTO: REUTERS - 647 words
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Article236 2013-08-16 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 10.53236 words
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Article, Illustration934 2013-08-16 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 toAP; PHOTO: AP - 934 words
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Article, Illustration593 2013-08-16 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 unitBloomberg; PHOTO: BLOOMBERG - 593 words
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Advertisement43 2013-08-16 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 Ltd43 words
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EDITORIAL & OPINION
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479 2013-08-16 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 a479 words
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Article, Illustration783 2013-08-16 20 FRANK CHING - 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 the783 words
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Article, Illustration906 2013-08-16 20 QUENTIN WEBB - 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. ButPHOTO: REUTERS - 906 words
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Article, Illustration1253 2013-08-16 21 ANTHONY ROWLEY - 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 YouPHOTO: AP - 1,253 words
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Article, Illustration948 2013-08-16 21 NEETA LAL - 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 slewPHOTO: AFP - 948 words
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PROPERTY
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Article, Illustration952 2013-08-16 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
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Article, Illustration915 2013-08-16 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
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Article, Illustration1187 2013-08-16 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 BritishReuters; PHOTO: REUTERS - 1,187 words
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Page 22 Advertisements
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Advertisement124 2013-08-16 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 large124 words
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Advertisement123 2013-08-16 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 CS123 words
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Advertisement139 2013-08-16 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.View139 words
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Advertisement132 2013-08-16 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 4777132 words
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Advertisement136 2013-08-16 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. Well136 words
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Page 23 Advertisements
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Advertisement419 2013-08-16 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 GARDENS419 words
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Advertisement167 2013-08-16 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
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Advertisement171 2013-08-16 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 D09171 words
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Advertisement162 2013-08-16 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 9382162 words
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Advertisement174 2013-08-16 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. D17174 words
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Page 24 Advertisements
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Advertisement138 2013-08-16 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. High138 words
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Advertisement119 2013-08-16 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 9752119 words
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Advertisement126 2013-08-16 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 Built126 words
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Advertisement118 2013-08-16 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 Call118 words
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Advertisement118 2013-08-16 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 DE118 words
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Page 25 Advertisements
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Advertisement224 2013-08-16 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-storey224 words
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Advertisement214 2013-08-16 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: 8459214 words
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Advertisement224 2013-08-16 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 FOR224 words
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Advertisement196 2013-08-16 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.196 words
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Advertisement245 2013-08-16 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 WATER245 words
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Page 26 Advertisements
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Advertisement253 2013-08-16 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 Bdrnns253 words
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Advertisement50 2013-08-16 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 LTD50 words
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Advertisement35 2013-08-16 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*****60A35 words
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Advertisement12 2013-08-16 26 nTXTT^rr min Agents Welcome Call/SMS Email to Owner 98 635 635 *****99612 words
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Article2343 2013-08-16 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 THE2,343 words
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Page 27 Advertisements
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Advertisement73 2013-08-16 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 Warehouse73 words
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Advertisement18 2013-08-16 27 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times18 words
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Page 28 Advertisements
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Advertisement144 2013-08-16 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 JOE144 words
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SINGAPORE STOCKS
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Article3114 2013-08-16 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 AEM3,114 words
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Article248 2013-08-16 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 jnch248 words
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Article10746 2013-08-16 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/ Local10,746 words
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Article262 2013-08-16 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 2930.1262 words
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Article883 2013-08-16 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 11883 words
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FINANCE & COMMODITIES
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Article597 2013-08-16 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 277.40597 words
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373 2013-08-16 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 12.1373 words
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Article471 2013-08-16 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 5.932471 words
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Article53 2013-08-16 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$) 1 mth 1 mth 2 mths 2 mths 0.***** 3 mths 9 mths 12 mths 9 mths53 words
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Article84 2013-08-16 31 Aug 15 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 19-Sep-13 0.26 6-Month BS*****V 07-Feb-14 0.28 1-Year BY*****H 02-May-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 100.04 5-Year N*****0T 0.5 01-Apr-18 98.0284 words
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Article134 2013-08-16 31 Aug 15 GOLD(US$/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 547134 words
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Article53 2013-08-16 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
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Article155 2013-08-16 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 1.5543155 words
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Article109 2013-08-16 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 13109 words
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Article95 2013-08-16 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$/tonne) Close Prev High Low Sep 13 1959 1932 1968 1930 Nov 13 1926 1908 1936 190295 words
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1096 2013-08-16 31 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4.1 -0.3 5 0.0 5 -44 59 Asia-Pacific Strategic W*****6 0.1 1 123 1268 90.00 9 Ratio Albedo Limited W*****9 1.7 0.2 ***** Price Ascendas Reit MB ECW*****31,096 words
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Article70 2013-08-16 31 CRUDE OIL PRODUCTS Aug 14 CRUDE (FOB origin) US$/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 Basket70 words
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Article22 2013-08-16 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: OCBC22 words
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Article66 2013-08-16 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 months66 words
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Article121 2013-08-16 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 foreign121 words
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Article157 2013-08-16 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 12157 words
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executive lifestyle
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Article, Illustration1806 2013-08-16 32 DEBBIE YONG - 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 hisPHOTOS: JOHN HENG; PHOTO: DEBBIE YONG - 1,806 words
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CINEMA
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Article, Illustration623 2013-08-16 33 GEOFFREY EU - 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 onPHOTO: AP - 623 words
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Article, Illustration611 2013-08-16 33 GEOFFREY EU - 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
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Article, Illustration516 2013-08-16 33 DYLAN TAN - 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 on516 words
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Article, Illustration654 2013-08-16 33 GEOFFREY EU - 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 alsoPHOTO: AP - 654 words
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ARTS/MUSIC
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Article, Illustration685 2013-08-16 34 CHEAH UI-HOON - 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 versatility685 words
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Article, Illustration540 2013-08-16 34 HELMI YUSOF - 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. Everything540 words
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Article, Illustration418 2013-08-16 34 HELMI YUSOF - 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 realityPHOTO: JOHN HENG - 418 words
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Article, Illustration400 2013-08-16 34 DYLAN TAN - 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 acts400 words
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ARTS/WINE
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Article, Illustration874 2013-08-16 35 HELMI YUSOF - 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 fivePHOTOS: HELMI YUSOF - 874 words
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Article, Illustration645 2013-08-16 35 HELMI YUSOF - 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 founded645 words
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Article, Illustration557 2013-08-16 35 SAMUEL EE - 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 has557 words
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Article230 2013-08-16 35 SAMUEL EE - 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, either230 words
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WINE/ARTS
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Article, Illustration1203 2013-08-16 36 NK YONG - 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 werePHOTOS: NK YONG - 1,203 words
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Around Town
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Article, Illustration99 2013-08-16 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 pieces99 words
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Article84 2013-08-16 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 annual84 words
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Article120 2013-08-16 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 with120 words
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Article95 2013-08-16 36 RACHEL LOI - 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 as95 words
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Article, Illustration765 2013-08-16 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
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Page 35 Miscellaneous
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Miscellaneous308 2013-08-16 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 profit308 words
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