The Business Times, 21 September 2013

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL32826
Total Pages: 42
1 16 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    20 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg SEPTEMBER 21-22, 2013 S$1 .00 I MCI (P) 086/08/2013 sp A SINGAPORE PRESS HOLDINGS PUBLICATION
    20 words
  • Article
    Lock icon In better shape than before ’97
    42 1 OUTLOOK THE prospect of Fed tapering has forced many to recognise their weaknesses, but despite these, PM Lee Hsien Loong believes the world is in a better shape than it was before the 1997 crisis.| 2
    42 words
  • Article
    Lock icon Developing S’pore as showcase
    26 1 MANUFACTURING GLOBAL business leaders on the EDB’s International Advisory Council believe Singapore is well placed to become Asia’s advanced manufacturing centre. 3
    26 words
  • Article
    Lock icon Build RMB capabilities fast: MAS
    25 1 YUAN TRADE SINGAPORE must build yuan capabilities early to position itself for the future, said a senior MAS official. 6
    25 words
  • Article
    Lock icon Ballmer’s devices-services vision
    30 1 RESHAPING MICROSOFT MICROSOFT CEO Steve Ballmer has made a plea to investors to support his vision of the company as a unified devices and services powerhouse. 20
    30 words
  • Article, Illustration
    Lock icon Goldrush for new iPhones
    842 1  -  The new 5s and 5c models are snapped up quickly at telcos, with the gold 5s being far and away the best-seller By Joyce Hooi joyceh@sph.com.sg Singapore RUMOURS of the iPhone’s demise might have been a tad exaggerated, if yesterday’s run on the gold-coloured iPhone 5s
    PHOTO: BLOOMBERG  -  842 words
  • Article, Illustration
    Lock icon The F1 challenge: to thrill and thrill again
    1086 1  -  Keeping S’pore Grand Prix a success until ’17 may need more work By Nishar Ramchandani nishar@sph.com.sg Singapore FRESH into its new contract as a race venue, the Singapore Grand Prix seems to have retained its allure, with more race-goers set to watch
    BT Graphics; Ludwig Ilio; Sources: Singapore GP and Ministry of Trade and Industry; PHOTO: ARTHUR LEE  -  1,086 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Region in better shape than before ’97: PM
      621 2  -  Banks more capitalised, countries’ external balances stronger, less foreign-currency debt By Chuang Peck Ming peckming@sph.com.sg Singapore THE prospect of quantitative easing tapering off has forced many Asian countries to recognise their weaknesses, but despite these weaknesses, Prime Minister Lee Hsien Loong believes
      PHOTO: ZAOBAO  -  621 words
    • Article
      Lock icon S’pore, Australia, S Korea, NZ forge funds pact
      262 2  -  They agree to develop an initiative for cross-border offer of funds in Asia By Mindy Tan tanmindy@sph.com.sg Singapore THE finance ministers of Singapore, Australia, South Korea and New Zealand have signed a Statement of Intent to jointly develop the Asia Region Funds
      262 words
    • MARKETS
      • Article
        Lock icon STOCKS
        55 2 HSTI 3,237.53 (-14.25) HSTI FUTURES 3,236.00 (-14.00) HSIMSCI 368.34 (-0.73) HSIMSCI FUTURES 368.80 (-0.60) Friday Change KL COMP 1,801.83 +8.92 NIKKEI 225 14,742.42 -23.76 HANG SENG Closed SET 1,486.76 -2.30 JAKARTA 4,583.83 -86.90 MANILA 6,424.45 -87.25 KOSPI Closed SHENZHEN B Closed MUMBAI IND 20,263.71 -382.93 12noon EDT Change DOW
        55 words
      • Article
        Lock icon PRIME RATES
        29 2 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 13.614 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.50 INDIA 14.55 Source: Bloomberg
        29 words
      • Article
        Lock icon FOREX
        49 2 FOREX US$ S$ US$ (S$ per US$) 1.247 (US$/S$ per 1.606 2.003 EURO(US$/S$/€ 1.353 1.688 Foreign currency per US$ S$ YEN 99.30 79.60 RM 3.160 2.534 HK$ 7.754 6.218 BAHT 30.90 24.78 RUPIAH 11,363 9,113 RENMINBI 6.121 4.909 INDIAN RUPEE 62.07 49.78 A$ 1.058 0.849 NZ$ 1.191 0.955
        49 words
    • Article
      Lock icon Developing Singapore as a manufacturing showcase
      569 3  -  Sophisticated digital centre, R&D base and pioneering next-generation production among ideas mooted by global business leaders By Chuang Peck Ming peckming@sph.com.sg Singapore THERE’S still life after manufacturing in Singapore. While Singapore is no longer an attractive low-cost production hub, global business leaders on the
      569 words
    • Article, Illustration
      Lock icon F1 – a celebration of speed and technology
      1236 4  - F1 a celebration of speed and technology State-of-the-art is the name of the game during the Grand Prix By Amit Roy Choudhury amit@sph.com.sg Singapore IT is once again that time of the year when Singapore’s boring 90kmh speed limit is blown away, as the smell of tyres hits the tarmac
      PHOTO: ARTHUR LEE  -  1,236 words
    • Article, Illustration
      Lock icon S’pore must build yuan capabilities fast: MAS
      618 6  -  Since the launch of yuan clearing arrangements here, the currency has gained strong traction among companies in the region Reports by Siow Li Sen lisen@sph.com.sg Singapore WHILE China’s yuan internationalisation policy has the potential to transform Asia’s financial landscape, Singapore must build yuan
      PHOTO: REUTERS  -  618 words
    • Article
      Lock icon Profitable to borrow yuan to invest in China: banker
      428 6 Difference in rates between offshore and onshore yuan is about one point CORPORATES can make money after they adopt yuan for investments into China or in trade settlement, said a Bank of China (BOC) Singapore branch official. Speaking at a bank
      428 words
    • Article, Illustration
      Lock icon Tuck Yew sees COE price flux before & after changes
      402 7  - Tuck Yew sees COE price flux before after changes Stringent processes are in place to prevent manipulation of engine-power criterion, he says By Jasmine Ng jasng@sph.com.sg Singapore TRANSPORT Minister Lui Tuck Yew said yesterday that price fluctuations are expected before and following the implementation of any changes to the Certificate
      402 words
    • Article, Illustration
      Lock icon And Moses said, ‘Let my people go... by car!’
      890 7  -  SATURDAY SOAPBOX Joyce Hooi joyceh@sph.com.sg Correspondent joyceh@sph.com.sg NOTHING brings out the Charlton Heston in people faster than being told what they should or should not have. So, when Kishore Mahbubani suggested last week that we give up this “insane dream of
      890 words
    • Article
      Lock icon RBI’s Rajan surprises markets with rate hike
      342 7 Central bank also rolls back some rupee support steps Reuters Mumbai RESERVE Bank of India (RBI) governor Raghuram Rajan surprised markets in his maiden policy review yesterday by raising interest rates to ward off rising inflation while scaling back some emergency measures put
      Reuters  -  342 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      57 2 CONTENTS NEWS Top Stories 2-7 Raffles Conversation 8-9 Companies 11-14 S’pore Markets 13 From the Desk Of 15 Singapore 16-17 World 18-20 Stocks Stats 21-25 Perspective 26-27 Crosswords 27 Wealth 28-31 Househunt 30 LIVING Shopping L2-4 Design L5 Dining L6-8 Travel L9 BT Wine Challenge L10 Health L11 BT Corporate
      57 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      33 3 Is m c JERRY LUM Snr Marketing Director, MBA, CES CEA Licence No.: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg ERA Estate Agent Licence No L*****82K When You Buy. Sell, or Rent
      33 words
Page thumbnail Page 4
Page thumbnail Page 5
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      177 6 THE BUSINESS TIMES SATURDAY SPECIAL Enjoy an All-you-can-eat Dinner at 30% off ($33++ per person before discount) Venue: Open House, Grand Park Orchard, 270 Orchard Road, Singapore *****7 Tel: 6603 8855 Email: fnb.gpor@parkhotelgroup.com Website: parkhotelgroup.com/orchard Terms Conditions: Promotion valid from 21 September to 30 November 2013, Mondays to Fridays Minimum
      177 words
Page thumbnail Page 7
Page thumbnail Page 8 / 9
  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Storyteller of troubled lands
      2599 8 / 9  -  The BBC’s Chief International Correspondent Lyse Doucet talks to Vikram Khanna about her experience of reporting on life and war in the Islamic world Vikram Khanna vikram@sph.com.sg IF you watch BBC TV, you would probably have seen her. Chances are, she was wearing a flak jacket
      PHOTO: ARTHUR LEE  -  2,599 words
Page thumbnail Page 10
  • COMPANIES
    • Article, Illustration
      Lock icon Albedo and Malaysian tycoon strike $774m RTO deal
      775 10  -  Danny Tan will gain control of Catalist firm for projects in Iskandar By Angela Tan angelat@sph.com.sg Singapore MALAYSIAN tycoon Danny Tan is acquiring Albedo Ltd in a proposed $774.14 million reverse takeover (RTO) deal that will transform the Singapore-listed company into a
      Source: Bloomberg  -  775 words
    • Article, Illustration
      Lock icon Keppel’s footprint in Azerbaijan grows as new shipyard opens
      449 10  -  By Mindy Tan tanmindy@sph.com.sg Singapore A NEW shipyard has come up in Baku, the capital and largest city of Azerbaijan, as a joint venture of Singapore’s Keppel Offshore Marine Ltd (Keppel O&M), the State Oil Company of Azerbaijan Republic (Socar) and
      449 words
    • Article, Illustration
      Lock icon 4G and faster phones boosting data usage
      499 12  -  Telcos also report an increase in the number of subscribers busting their data cap By Joyce Hooi joyceh@sph.com.sg Singapore GOLD might be the new black for the iPhone, but data usage is where the goldmine is. The proportion of post-paid subscribers busting their
      PHOTO: REUTERS  -  499 words
    • Article
      Lock icon Wealthy Asians losing their appetite for bank capital bonds
      756 12 Reuters Singapore TOUGHER lending policies are threatening to drive Asia’s pri-vate-banking clients away from bank capital and towards corporate hybrids. Private bankers said they are reducing the margin loans, or leverage, they make available to buyers of loss-absorbing capital instruments that
      Reuters  -  756 words
    • Article, Illustration
      Lock icon Stocks rise as Fed holds its horses
      596 13  -  STOCKS R Sivanithy sivan@sph.com.sg Senior Correspondent FORMER US Treasury Secretary Lawrence Summers’ withdrawal of his candidacy for the position of ederal Reserve chairman and the sudden “surprise” announcement by the Fed that it will not yet reduce its US$85 billion per month liquidity
      596 words
    • Article
      Lock icon Singapore can play big role in boosting technology in financial services
      493 13  -  By Malminderjit Singh msingh@sph.com.sg Singapore SINGAPORE could play an important role in increasing the level of innovation in financial services and through this, increase its own productivity levels in the sector. David Craig, president of the financial and risk
      493 words
    • Article
      Lock icon TOP 20 ACTIVES
      164 13 VOL CLOSE A l bedo 1,1 66,591 6 7 -0.9 1 1.8 D i g i l and 649,750 0 1 0.0 0.0 YHM 586,554 5 0.4 8.7 HanKore 289,131 7 7 0.3 4.1 Innopac 209,265 14 3 -1.1 -7.1 Sunmoon 203,709 0 3 0.1 50.0 Rowsley
      164 words
    • Article
      Lock icon STI STOCKS
      112 13 Stock name Close Change CapMallsAsia 1.980 -0.010 CapitaLand 3.160 -0.080 CapitaMall 1.990 -0.020 CityDev 10.47 -0.010 ComfortDelGro 1.960 DBS Grp 16.74 +0.090 GLP 2.900 +0.020 Genting SP 1.450 -0.015 Golden Agri 0.535 -0.010 HK Land 6.740 -0.050 HPH Trust US$ 0.780 +0.005 JMH 58.00 -2.440 JSH 36.19 -0.410
      112 words
    • Article
      Lock icon TOP GAINERS
      64 13 BY CENTS CLOSE UP DBXT Nifty 10US$ 9890 480.0 4.1 Lyxor Indonesia10US$ 8743 301.7 2.8 IS S&P500 ***** 199.5 0.9 DBXT MSAsExJp 10US$ 3413 179.5 4.4 DBXT MSJAP 10US$ 4645 122.2 2.2 Golden Ocean 180 100.0 125.0 SPDRS S&P 500 10US$ ***** 56.1 0.3 DBXT MSINDIA 10US$ 815
      64 words
    • Article
      Lock icon TOP LOSERS
      59 13 BY CENTS CLOSEDOWN JMH 5800 -304.2 -4.0 GLD 10US$ ***** -112.2 -0.7 JSH 3619 -51.1 -1.1 DBXT MSKorea 10US$ 6246 -48.6 -0.6 Jardine C&C 3910 -30.0 -0.8 Lyxor MS India 10US$ 1255 -28.7 -1.8 IS MS India 100S$D 699 -24.0 -3.3 Spore Land 861 -21.0 -2.4 PLife REIT
      59 words
    • Article
      Lock icon Rosier prospects for offshore marine sector
      601 14  -  Analysts upbeat on service providers but are mixed in views on vessel builders because of Chinese competition By Malminderjit Singh msingh@sph.com.sg Singapore GROWING demand from oil majors has fuelled analysts’ optimism about the Singapore offshore marine industry. The analysts see brighter prospects for service
      601 words
    • Article
      Lock icon Ex-banker pleads guilty in Olympus fraud case
      287 14 Bloomberg New York A FORMER Commerzbank AG and Societe Generale SA banker admitted to aiding Olympus Corp’s US$1.7 billion accounting fraud. Chan Ming Fon, a Taiwanese citizen, pleaded guilty to a single charge of conspiracy to commit wire fraud in a hearing on
      Bloomberg  -  287 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      138 11 ST CARS .SG Your One-Stop Portal for Cars and Accessories Used Cars More than 4,100 used cars available for sale New Cars Extensive listings with all new car distributors onboard Guides Articles Quality editorials from SPH and other widely recognised international publications Buy, Sell or Rent. At STCars.sg, your ideal
      138 words
Page thumbnail Page 12
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      23 13 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sq. WATS NOTICES
      23 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      41 14 HOT PROPERTY stv%'n° FFER 3 -5XM! 2 5 B^, NGAL0w IN BRIGHTON AVE p c+ 4 I HOUSES FOR SALE Check this and many other properties in CATS Classified in The Straits Times now! WATS BUY IT SELL IT FIND IT
      41 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      271 14 Trading Currencies Can Be Easy... With The Right Mentor At Your Side. Take advantage of this rare opportunity to learn from Kathy Lien, one of the best known traders in the currency market. She will share with you EVERYTHING that she believes is important to know about the fundamentals. No
      271 words
Page thumbnail Page 15
  • FROM THE DESK OF
    • Article, Illustration
      Lock icon Digesting big data for a fatter bottom line
      948 15  -  The vast amounts of content produced every day can be harnessed and mined via analytics for actionable intelligence and new revenue opportunities FROM THE DESK OF Peter Hand Vice-president Pacific, South Asia and Korea Teradata Corporation WE are at a time in
      948 words
Page thumbnail Page 16
  • SINGAPORE
    • Article
      Lock icon Foodpanda making waves in food-delivery sector
      485 16  -  More than 100,000 people have downloaded its app since its March launch, says CEO By Jacquelyn Cheok jaccheok@sph.com.sg LOCAL food venture Foodpanda is the country’s top online food ordering and delivery platform after it added popular restaurant chain Pastamania to its offerings this week,
      485 words
    • Article, Illustration
      Lock icon Much potential for joint S’pore-M’sia projects
      481 16  -  By Pauline Ng Malacca WHILE relations between Singapore and Malaysia may dip occasionally, Singapore President Tony Tan Keng Yam believes the close personal ties shared at all levels of government as well as the current positive mindset will help overcome challenges. Indeed, Dr Tan
      PHOTO: LIANHE ZAOBAO  -  481 words
    • Article
      Lock icon NParks launches $3.9m grant to raise landscaping productivity
      291 16  -  By Jasmine Ng jasng@sph.com.sg THE National Parks Board (NParks) has launched a $3.9 million grant to help landscape companies reduce their reliance on foreign workers through mechanisation. The landscape productivity grant will be disbursed to eligible companies so they can buy equipment
      291 words
    • Article, Illustration
      Lock icon Denmark’s Ecco bullish about prospects here
      682 17  -  Shoe brand opens upmarket concept store at Marina Bay Sands By Vivien Shiao vshiao@sph.com.sg DANISH shoe brand Ecco is optimistic about its prospects in Singapore, recently opening a premium Unity Plus concept store at The Shoppes at Marina Bay Sands. Designed and managed by
      682 words
    • Article
      Lock icon EU, Singapore trade reps sign off on FTA
      336 17 Bloomberg Brussels THE European Union and Singapore have approved the legal text of their planned free-trade agreement (FTA), keeping it on course to take effect around the end of 2014. Trade representatives for both sides signed off on the final 1,000-page accord
      Bloomberg  -  336 words
    • Briefing
      • Article
        Lock icon Resource centre for SMEs opens
        55 17 SME Centre@Central, a resource centre for small and medium-sized businesses, was officially opened yesterday. It will reach out specifically to business communities in the Ang Mo Kio, Tanjong Pagar, Bishan-Toa Payoh and Moulmein-Kallang GRCs with business and productivity advice and information on government help schemes
        55 words
      • Article
        Lock icon More new participants at franchising event
        47 17 THE eighth edition of Franchising Licensing Asia will welcome 233 international franchises and brands from 20 territories, including 156 local names. Of the 233, 58 per cent are new participants. The event is on from Oct 3-5 at Marina Bay Sands.
        47 words
      • Article
        Lock icon NCSS to get new CEO from Nov 1
        52 17 THE National Council of Social Service said yesterday that Sim Gim Guan has been appointed its chief executive with effect from Nov 1. He succeeds Ang Bee Lian, who returns to the Ministry of Social and Family Development as its director of
        52 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      31 17 The Finder Singapore DOWNLOAD TODAY! IT’S FREE www.TheFmder.com.sg .w. BEAUTY WELLNESS FITNESS tipsHEALTH FREE DOWNLOAD [m Available on the who*won U App store )r Google play SEPTEMBER ISSUE OUT NOW! sPHmagazines
      31 words
Page thumbnail Page 18
  • WORLD
    • Article
      Lock icon Once again, bank punished but not its execs
      588 18 Fines against JPMorgan raise questions why individuals aren’t penalised for their slip-ups NYT New York IT’S an outcome that has vexed the public since the financial crisis of 2008. The government says there is wrongdoing at a large bank and makes it
      NYT  -  588 words
    • Article, Illustration
      Lock icon EU to change calculation of deficit to ease austerity
      409 18 AP [BRUSSELS] European Union finance experts have reached a preliminary agreement on changing the way the bloc determines some deficit figures, which will lessen the pressure for austerity measures in some crisis-hit economies, an EU official said on Thursday. The change
      AP; PHOTO: AP  -  409 words
    • Article, Illustration
      Lock icon Kuroda sees recovery with jobs, exports
      587 19 Governor says BOJ will maintain its QE programme until 2% inflation in Japan is sustained Reuters Tokyo JAPAN’S economic recovery will be further supported by an improving job market and a pick-up in overseas economies, Bank of Japan (BOJ) governor Haruhiko Kuroda said yesterday
      Reuters; PHOTO: REUTERS  -  587 words
    • Article
      Lock icon Bankers’ clash over Hong Kong IPO highlights competitive tension
      437 19 Reuters Hong Kong A RECENT shouting match between senior bankers involved in Hong Kong’s second-largest IPO so far this year illustrates the competitive squeeze on banks from Chinese companies offering incentives ahead of lucrative initial public offerings. At a routine Sept
      Reuters  -  437 words
    • Article, Illustration
      Lock icon Microsoft aims to be devices-services giant
      635 20 CEO Ballmer admits that under his leadership the software giant took a few missteps, lost some ground Reuters New York MICROSOFT Corp chief executive Steve Ballmer has made an impassioned plea to investors to support his vision of the world’s largest software company as
      Reuters; PHOTO: AP  -  635 words
    • Briefing
      • Article
        Lock icon Indian Cabinet approves mega IT zone near Hyderabad
        78 20 Reuters New Delhi The Indian Cabinet yesterday approved a plan to build an information technology (IT) investment zone near the city of Hyderabad, aiming to attract 2.19 trillion rupees (S$43 billion) worth of investments over more than two decades. The project, to
        Reuters  -  78 words
      • Article
        Lock icon UK public finances strengthen in August, more progress seen
        74 20 Reuters London Britain’s public finances improved in August, helped by lower government spending, and economists said a pick-up in the economy could mean finance minister George Osborne beats his budget target this year. The deficit fell to £13.16 billion (S$26.3 billion)
        Reuters  -  74 words
      • Article
        Lock icon Regulators designate Prudential Financial ‘too big to fail’
        59 20 AFP Washington US regulators yesterday named insurer Prudential Financial to its list of “too-big-to-fail” institutions, the third non-bank placed under a tighter regulatory regime to reduce risks to the financial system. The Financial Stability Oversight Council’s move subjects Prudential to tougher regulatory
        AFP  -  59 words
      • Article
        Lock icon Eight men arrested in cyber theft from Barclays
        83 20 AP LondonEight men have been arrested on suspicion of stealing £1.3 million (S$2.6 million) from a Barclays bank branch by tapping into its computers, British police said yesterday. The gang is accused of installing a KVM device, or keyboard video mouse, on
        AP  -  83 words
      • Article
        Lock icon EU greenlights Vodafone’s takeover of Kabel Deutschland
        81 20 AFP Brussels The European Commission yesterday approved the 7.7 billion euro (S$13 billion) takeover of German cable operator Kabel Deutschland by British telecom giant Vodafone. In a statement, the Commission, the Europan Union’s executive, said an “investigation confirmed that the activities of the
        AFP  -  81 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      62 18 F J Benjamin has a position open for a Retail Operations Manager Pulley Ascent (Asia) is recruiting a Business Development Manager Singapore Swimming Club has a vacancy for the position of Duty Manager The Ascott Limited is hiring a General Manager Asian Women’s Welfare Association is looking for a Senior/
      62 words
Page thumbnail Page 19
  • Page 19 Advertisements
Page thumbnail Page 20
  • Page 20 Advertisements
Page thumbnail Page 21
  • SGX
    • Article
      Lock icon SGX MAINBOARD
      8174 21 Transaction date: Sep 20 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 15 11.9 8Telecom 12 12 10.6 0.9 9.9 57.5 20 3.1 A-Sonic 14.5 -0.2 5671 14.7 14.4 14.5 14.6 0.9 103.8
      8,174 words
    • Article
      Lock icon SGX CATALIST
      1965 24 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 27.5 17.1 t 800 Super 24.5 -0.5 297 25.5 24.5 24.5 25.5 3.2 4.1 7.6 43.8 6.2 2.8 t AA Grp 4.5 3.5 225 4.3
      1,965 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 24 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 8 2 0 0 0 3 8 2 Manufacturing 31 79 34 9 11 15 40 90 49 Commerce 12 20 23 3 7 4 15 27 27 Tpt/Stor/Comms 11 24 7
      186 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      769 24 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Sep 16 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Nobel Design 18-Sep-13 Kho Chuan Thye *Buy 1124 ***** 8.08 ***** 8.68 Progen 18-Sep-13 Lee Ee Buy
      769 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 24 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 43,357 43,357 75,532 75,532 Manufacturing 422,938 111,083 534,021 131,962 4,927 136,889 Commerce 1,017,751 1,296,581 2,314,332 91,440 92,124 183,564 Tpt/Stor/Comms 103,353 17,138 120,491 163,473 7,141 170,614 Finance 232,950 1,186 234,136 205,763 508 206,271 Construction 151,171 602,996
      123 words
Page thumbnail Page 22
Page thumbnail Page 23
Page thumbnail Page 24
Page thumbnail Page 25
  • MARKETS
    • Article
      Lock icon LIFFE
      94 25 Sep 19 COCOA (£/tonne) Close Prev High Low Dec 13 1709 1712 1721 1693 Mar 14 1685 1686 1695 1670 May 14 1676 1677 1685 1663 Jul 14 1673 1672 1679 1659 COFFEE(US$/tonne) Close Prev High Low Sep 13 1657 1650 1657 1657 Nov 13 1687 1680 1706 1683
      94 words
    • Article
      Lock icon METALS
      65 25 Sep 20 GOLD(US$/oz) Sep 18 Sep 19 Hong Kong 1312.00 1375.00 Sep 19 Sep 18 London 1371.20 1298.71 1372.03 1299.48 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 29.08 28.31 Source: UOB PLATINUM Lon (US$/oz) Sep 19 Close Previous PM Fix 1469.00 1420.00 AM Fix 1475.00 1425.00 Source:
      65 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      118 25 Sep 20 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.206 1.149 Can dollar 1.237 1.190 Euro 1.728 1.646 Sterling pound 2.038 1.960 NZ dollar 1.072 1.031 US dollar 1.273 1.213 Local dollars to 100 units of foreign currency: Currencies Sell
      118 words
    • STOCK MARKETS
      • Article, Illustration
        Lock icon Straits Times Index
        20 25 YTD change: +2.22% 52-week high: 3,464.79 on May 22,2013 52-week low: 2,931.60 on Nov 16,2012 Source: Bloomberg
        Source: Bloomberg  -  20 words
      • Article, Illustration
        Lock icon Hang Seng Index
        25 25 YTD change: +3.73% 52-week high: 23,944.74 on Feb 4,2013 52-week low: 19,426.36 on June 25,2013 (Chart shows Thursday’s index closing) Source: Bloomberg
        Source: Bloomberg  -  25 words
      • Article, Illustration
        Lock icon Dow Jones Industrial Average
        26 25 YTD change: +19.33% 52-week high: 15,709.58 on Sept 18,2013 52-week low: 12,471.49 on Nov 16,2012 (Chart shows Thursday’s index closing) Source: Bloomberg
        Source: Bloomberg  -  26 words
      • Article, Illustration
        Lock icon Shanghai Stock Exchange Composite
        25 25 YTD change:-3.41% 52-week high: 2,444.80 on Feb 18,2013 52-week low: 1,849.65 on June 25,2013 (Chart shows Wednesday’s index closing) Source: Bloomberg
        Source: Bloomberg  -  25 words
      • Article, Illustration
        Lock icon Nikkei 225
        18 25 YTD change:+41.82% 52-week high: 15,942.60 on May 23,2013 52-week low: 8,488.14 on Oct 15,2012 Source: Bloomberg
        Source: Bloomberg  -  18 words
    • Article
      Lock icon PALM OIL
      57 25 Sep 20 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 13 2314.0 2305.0 2315.0 2302.0 350 6324 Nov 13 2318.0 2300.0 2319.0 2298.0 1932 ***** Dec 13 2316.0 2300.0 2318.0 2296.0 ***** ***** Jan 14 2318.0 2301.0
      57 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 25 Sep 20 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 19-Sep-13 6-Month BS*****F 21-Mar-14 0.28 1-Year BY*****H 02-May-14 0.29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 99.98 5-Year N*****0T 0.5 01-Apr-18 98.54 98.75
      89 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 25 Sep 20 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1780 1.1790 0.9449 0.9454 Canadian dollar 1.2137 1.2148 0.9741 0.9735 Euro 1.6872 1.6881 1.3533 1.3536 NZ dollar 1.0466 1.0477 0.8395 0.8401 Sterling pound 2.0023 2.0033 1.6061 1.6064
      155 words
    • Article
      Lock icon CHICAGO BOT
      104 25 Sep 19 SOYBEANS(5,000 bu min; USc/60 lb bushels) Close Previous High/Low Nov 13 1339.50 1347.75 1361.25 1331.25 Jan 14 1341.50 1350.25 1363.00 1333.50 Mar 14 1323.25 1332.50 1343.25 1316.00 May 14 1301.75 1307.75 1316.50 1294.50 SOYBEAN OIL(60,000 lbs; USc/lb) Close Previous High/Low Oct 13 42.71 42.47 42.84 42.17
      104 words
    • Article
      Lock icon OIL
      68 25 Sep 19 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 110.09 1.09 WTI (Near Mth) 106.19 -2.07 Dubai (1-Mth F) 107.39 2.72 Tapis blend 119.63 2.60 Minas 111.43 2.60 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.50 1.17 Jet Kerosene 124.10 2.28 US$/barrel OpecOil Basket Price 108.40
      68 words
    • Article
      Lock icon LONDON METALS
      72 25 Sep 19 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1784.00 1738.00 3 months 1829.00 1785.00 Copper, Grade A (US$/tonne) Cash 7310.25 7157.25 3 months 7335.00 7184.00 Lead (US$/tonne) Cash 2100.50 2044.25 3 months 2126.00 2071.00 Nickel (US$/tonne) Close Previous Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      72 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INT'L INDICES
      373 25 In local curr In S$ In US$ dy yr dy yr dy yr Sep 19 Index Change Change Change Change Change Change World Preliminary 1118.9 0.4 19.3 -0.3 20.0 0.8 17.6 EAFE Preliminary 918.1 1.1 18.5 0.9 17.3 1.9 15.0 Europe Preliminary 1305.7 0.8 13.8
      373 words
Page thumbnail Page 26 / 27
  • PERSPECTIVE
    • Article, Illustration
      Lock icon Time to be neighbourly
      1183 26 / 27  -  Both Indians and Pakistanis are weary of conflict, and the leadership on both sides should cash in on this sentiment. By Iftekhar Ahmed Chowdhury By Iftekhar Ahmed Chowdhury ~The writer is senior research fellow at the Institute of South Asian Studies (ISAS) National University of Singapore
      PHOTO: AP  -  1,183 words
  • Page 26 / 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 / 27 Miscellaneous Column 1
      318 26 / 27 SATURDAY with Ludwig ‘I have more than doubled revenues over the past year.’ CRYPTIC CROSSWORD Across 1 A dour bent shown by American tough (7) 5 Kind of crossing made by Drake’s ship (7) 9 About five get better in turn (5) 10 Idle girl that goes round giving choice
      318 words
Page thumbnail Page 28 / 29
  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon Risk-on trade back in play
        1110 28 / 29  -  With the delay in QE tapering, most strategists continue to recommend equities over fixed income, especially those in the US and Europe. By Genevieve Cua By Genevieve Cua gen@sph.com.sg THE US Federal Reserve’s surprise announcement earlier this week of continued quantitative easing (QE) has decisively
        PHOTO: AFP; Source: Franklin Templeton Investments  -  1,110 words
      • Article
        Lock icon BROKERS’ TAKE
        810 28 / 29  -  Compiled by Joyce Hooi Courts Asia Buy Maybank Kim Eng Research Sept 20 Sept 20 close: $0.785 CUT TP to $1.15. Courts Asia has seen its share price slump 24 per cent in the past three months, versus 15 per cent for its regional peers. Its share price
        810 words
    • WEALTH REAL ESTATE
      • Article, Illustration
        Lock icon 160 units sold at Thomson Three
        922 30  -  Reasonable pricing, location near upcoming MRT station and Fed’s announcement cited for good sales By Kalpana Rashiwala kalpana@sph.com.sg Singapore IT was probably a combination of reasonable pricing, good location and the positive stockmarket mood resulting from the US Federal Reserve’s announcement that it is
        922 words
      • Article
        Lock icon Househunt
        143 30 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN AUG 21 AND AUG 27, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 9 NON-LANDED Yong An Park Apt 22/08/2013 FH 3434 6380 1858 District 10 NON-LANDED Kellock Lodge Apt
        143 words
      • Article, Illustration
        Lock icon Clarity sought for serviced apartment sector
        700 31  -  Colliers calls for industry review after the emergence of a new tier of projects with hotel licences By Mindy Tan tanmindy@sph.com.sg Singapore DEMAND for serviced apartments is likely to remain stable or strengthen in the rest of the year, but the operating climate is
        FILE PHOTO  -  700 words
      • Article
        Lock icon Myanmar office rental rates spook investors
        511 31 Reuters Yangon MYANMAR has approved more foreign direct investment (FDI) in the past five months than all of last year, but companies setting up operations in the hot frontier market face a growing problem: South-east Asia’s highest office rental rates. Myanmar has approved FDI
        Reuters  -  511 words
Page thumbnail Page 30
Page thumbnail Page 31
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      151 32 TO BREAK THE RULES, YOU MUST FIRST MASTER THEM. THE WATCH THAT BROKE ALL THE RULES, REBORN. IN 1 972, THE ORIGINAL ROYAL OAK SHOCKED THE WATCHMAKING WORLD AS THE FIRST HAUTE HOROLOGY SPORTS WATCH TO TREAT STEEL AS A PRECIOUS METAL. TODAY THE NEW ROYAL OAK COLLECTION STAYS TRUE
      151 words
Page thumbnail Page 1
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      57 1 DESIGN On a high L5 BT THE BUSINESS TIMES WEEKEND SEPTEMBER 21 22 2013 Living GOOD BUSINESS It’s not just about making a profit L2-4 TRAVEL The water’s fine L9 GOLF BT Corporate Golf League L12-13 BT WINE CHALLENGE Bordeaux et Rhone L10 PHOTO: YEN MENG JIIN F1 WATCH Another
      57 words
Page thumbnail Page 2 / 3
  • BT Living
    • SHOPPING
      • Article, Illustration
        Lock icon Good business
        2349 2 / 3  -  It’s not just about making a profit. As four businesses show, conscience is a worthy motivation for a retail enterprise. By Tay Suan Chiang By Tay Suan Chiang taysc@sph.com.sg ELLA Sherman and Diana Francis have adopted six dogs and three cats between them, but the longtime friends want
        PHOTO: YEN MENG JIIN; PHOTO: FOOD PLAYGROUND; PHOTO OF IDOCARE BY YEN MENG JIIN  -  2,349 words
    • DESIGN
      • Article, Illustration
        Lock icon On a high
        830 5  -  Lisa Switkin, lead designer of New York’s pathbreaking project that turned an old freight railway line into an urban park, enjoys the view. By Tay Suan Chiang By Tay Suan Chiang taysc@sph.com.sg THE Statue of Liberty, Brooklyn Bridge and Times Square are all icons of New York.
        PHOTO: THOMAS KLETECKA; PHOTOS: IWAN BAAN  -  830 words
    • DINING
      • Article, Illustration
        Lock icon Covert concoctions
        1730 6 / 7  -  Looking for an under-the-radar watering hole to escape the F1 crowd this weekend? Debbie Yong knocks it back at three classy new bars that you might not k ow of yet Debbie Yong debyong@sph.com.sg Caché Izy 27 Club Street Z6220 3327 Hours: 6pm till late (Mon-Sat) www.cache.com.sg NOW
        PHOTOS BY JOSEPH NAIR; PHOTOS BY JOHN HENG; LORD OXWELL’S DEN PHOTOS BY JOHN HENG; PHOTO: JOHN HENG  -  1,730 words
    • TRAVEL
      • Article, Illustration
        Lock icon The water’s fine
        907 9  -  Gili Lankanfushi in the Maldives does not just pay lip service to sustainability. By Corinne Kerk IF there’s one thing folks remember from their holidays in the Maldives, it’s the crystal clear waters, in which sea creatures oh-so-casually swim right by. These are magical moments, like scenes
        RESORT PHOTOS BY SAKIS PAPADOPOULOS, BOXFISH BY CORINNE KERK; PHOTOS: CORINNE KERK  -  907 words
    • BT WINE CHALLENGE 2013
      • Article, Illustration
        Lock icon Bordeaux et Rhone
        1284 10  -  They are the two largest producers of AOC-level wines in France. By June Lee THOUGH famed for their premium wines, the regions of Bordeaux and Rhone produce a larger variety and quantity of wine than expected. With annual output of about 55 million and 37 million cases
        1,284 words
    • HEALTH
      • Article, Illustration
        Lock icon Using gene data to treat heart disease
        1125 11  -  For coronary artery disease patients, it may help their physicians understand the prognosis and make decisions on the management of their ailment Michael Lim WITH billions spent on research into understanding the human genome, expectations are running high as to the application of
        FILE PHOTO  -  1,125 words
    • BT CORPORATE GOLF LEAGUE 2013
      • Article, Illustration
        Lock icon Team SunMoon keep their lead
        937 12 / 13  -  They are 6 points ahead of Seagull Gayatri United, after each team had dropped their worst round for the tally. BY Justine Moss btnews@sph.com.sg AFTER the fifth round of The Business Times Corporate Golf League, defending champions Team SunMoon continued their charge towards the 2013
        PHOTOS: GOLF DIGEST  -  937 words
      • Article, Illustration
        Lock icon To bond and to network
        479 12 / 13  -  By Justine Moss THIS is the fourth year that Bank of Singapore (OCBC) have signed up for the league. Olivier Denis, the global marketing head for Singapore and international markets, said that one of the reasons the team have returned is that the league is
        479 words
    • MOTORING
      • Article, Illustration
        Lock icon Naturally exotic
        756 14  -  The McLaren P1 is powered by Formula One technology but it looks nothing like the cars zipping around the Marina Bay Street Circuit this weekend. Its designer explains why to Samuel Ee Samuel Ee samuelee@sph.com.sg DRIVING the McLaren P1 is about as close as you can get to
        756 words
      • Article, Illustration
        Lock icon PRIMA SPACE
        541 15  -  A new $2 million Ferrari showroom opens in time for the F1 race weekend. By Samuel Ee samuelee@sph.com.sg I TAL Auto’s $2 million refurbished Ferrari showroom is the first and only one in the world outside Italy to have a Prima boutique featuring ultra-premium merchandise from the Prancing
        PHOTOS: RANDALL LEE, ARTHUR LEE  -  541 words
      • Article, Illustration
        Lock icon Another Singapore special?
        602 16  -  special?Red Bull’s Sebastian Vettel won at the Marina Bay Street Circuit the last two years. And he looks to be in fine fettle to spring a hat-trick. By Samuel Ee f1 watch By Samuel Ee samuelee@sph.com.sg SEBASTIAN Vettel doesn’t know it yet but I am his lucky
        PHOTO: AFP; PHOTOS: ARTHUR LEE, REUTERS  -  602 words
Page thumbnail Page 4
Page thumbnail Page 5
Page thumbnail Page 6 / 7
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      1067 8 wine&dine with BTWeekend Amarin Spa and Peach Blossoms Marina Mandarin, Singapore Level 5 6 Raffles Boulevard Dim Sum of all Spas Sep 5-Nov 20 Marina Mandarin introduces a brand new spa Amarin and doubles the joy with Peach Blossoms Dim Sum this opening season. Enjoy 60mins spa treatments of either
      1,067 words
Page thumbnail Page 9
Page thumbnail Page 10
Page thumbnail Page 11
Page thumbnail Page 12 / 13
  • Page 12 / 13 Advertisements
Page thumbnail Page 14
Page thumbnail Page 15
Page thumbnail Page 16