The Business Times, 3 October 2013

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Microfilm: NL32848
Total Pages: 39
1 40 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Thursday, October 3, 2013
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  • Article, Illustration
    Lock icon S’pore Sept factory output misses mark
    714 1  -  Unchanged PMI of 50.5 also contrasts with signs of improvement across Asia By TEH SHI NING tshining@sph.com.sg [SINGAPORE] Singapore’s purchasing managers’ index (PMI) yesterday pointed to a further slowdown in new export orders, echoing the less-than-stellar manufacturing data from the region earlier this week.
    Sources: Singapore Institute of Purchasing and Materials Management China’s National Bureau of Statistics, Markit Economics HSBC PMIs  -  714 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3152.58 (-28.92) HST INDEX FUTURES 3,152.00 (-29.00) HSIMSCI 360.48 (-2.57) HSIMSCI FUTURES 360.30 (-2.50) US$ S$ US$ (S$ per US$) 1.253 (US$/S$ per 1.620 2.030 EURO (US$/S$/€ 1.353 1.695 Foreign currency per US$ S$ YEN 97.40 77.70 RM 3.232 2.580 HK$ 7.754 6.190 BAHT 31.32 25.00 RUPIAH
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    • Article
      Lock icon MARKETS
      46 1 Wednesday Change KL COMP 1,770.35 +1.32 NIKKEI 225 14,170.49 -314.23 HANG SENG 22,984.48 +124.62 SET INDEX 1,408.99 +.80 JAKARTA COMP 4,387.60 +41.71 MANILA COMP 6,362.26 +164.42 SEOUL COMP 1,999.47 +0.60 SHENZHEN B Closed MUMBAI IND Closed 12noon EDT Change DOW 15,107.26 -84.44 NASDAQ 3,808.36 -9.63
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    • Article
      Lock icon PRIME RATES
      22 1 SINGAPORE MALAYSIA MALAYSIA 6.55 INDONESIA 5.00 INDONESIA 13.197 TAIWAN 5.036 US 1.475 KOREA SWITZERLAND BRITAIN 0.50 Source; Bloomberg Source: Bloomberg
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  • Article, Illustration
    Lock icon Gloomy times continue for oil trading in Q3
    699 1  -  By RONNIE LIM ronnie@sph.com.sg [SINGAPORE] Oil trading here remained in the trough in the July-Septem-ber quarter, traders told BT, as the market was flat except for a brief spike in prices due to the Syrian chemical weapons crisis. “It’s one of the
    PHOTO: AP  -  699 words
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      135 1 S’PORE NEWS Asia-Latin America trade to go beyond commodities PAGE 11 COMPANIES Australia’s Linc plans to shift listing to S’pore PAGE 7 HOCK LOCK SIEW Blumont’s performance raises questions PAGE 6 COMMENTARY Beware another flood of liquidity PAGE 29 Don’t miss the Korean National Day supplement in today’s BT IPAGES
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      489 2 Singapore Sept factory output misses mark SINGAPORE’S purchasing managers’ index pointed to a further slowdown in new export orders, echoing the less than stellar manufacturing data from the region this week. FRONT PAGE Gloomy times continue for oil trading in Q3 OIL trading in Singapore remained in the
      489 words
    • Article
      Lock icon ADB plays down fear of 1997 Asia crisis redux
      851 2  -  But it says that slowing growth in China and India will pose challenges By ANTHONY ROWLEY in Tokyo PROSPECTIVE tapering of quantitative monetary easing by the US Federal Reserve has destabilised financial markets in Asian and other emerging economies, but fears
      851 words
    • Article, Illustration
      Lock icon Xi to be first foreign leader to address Indonesia Parliament
      750 2 Reu ters AFP [JAKARTA] Chinese President Xi Jinping will today become the first foreign leader to address Indonesia’s Parliament, signalling a push by the Asian economic powerhouses to expand relations that were for decades frozen in hostility. Mr Xi arrived
      Reuters; AFP; PHOTO: AP  -  750 words
    • Article, Illustration
      Lock icon Lego bets on Asia to fuel its growth
      654 4  -  It has put its Asian base here and wants more Asians among its top ranks B)’ LEE U-WEN leeuwen@sph.com.sg [SINGAPORE] Lego, the brand synonymous with those popular interlocking plastic bricks, is banking on Asia to fuel its growth in the coming years
      AFP FILE PHOTO  -  654 words
    • Article
      Lock icon What Coffee Bean is brewing for North, SE Asia
      643 4  -  By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] The Coffee Bean Tea Leaf is looking to double its store count in the next five years, with a focus on emerging markets in North Asia and South-east Asia. “The growth is going to be on
      643 words
    • Article
      Lock icon ECB will act to control money market if needed
      700 4 Bloomberg [FRANKFURT] European Central Bank (ECB) president Mario Draghi said that he is ready to take any necessary measures to keep money market rates in check as he tries to steer Europe’s banks through the early stages of an economic recovery.
      Bloomberg  -  700 words
    • Article, Illustration
      Lock icon Berlusconi’s U-turn boosts Letta govt, cheers markets
      670 4 AFP [ROME] Italy’s Silvio Berlusconi yesterday abandoned his bid to topple the government, voting for a confidence vote in a humiliating climbdown after key allies rebelled against his leadership. “We have decided to vote for confidence, not without internal disputes,” Mr Berlusconi said
      AFP  -  670 words
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      102 2 0 cloude bernord swiss made watches Tmdzss Trotsura^'Trtisted' Available at: DEPARTMENTAL STORES:TANGS Orchard (Level 3); VivoCity (Level 1); Robinsons Centrepoint (Level 3); OG Orchard Point (Level 1); Mohd Mustafa Samsuddin Serangoon Plaza AUTHORISED RETAILERS: City Chain Bugis Junction #01-65; Serangoon Nex #01-78; Jurong Point #01-06; Jem Jurong East Mall #01-52;
      102 words
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  • Article, Illustration
    Lock icon Shaping the urban landscape
    977 3 Singapore's largest private property developer, Far East Organization, is expanding its diverse portfolio across Asia in the hospitality, food and beverage, leasing, retail and industrial sectors. An early visionary Founded by the late Mr Ng Teng Fong in the 1960s, Far East Organization had its early
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      72 4 NOW SHOWING! The FUNNIEST show you are likely to see in your ENTIRE LIFETIME! Montreal Gazelle ABA Productions The Reduced Shakespeare Company proudly present THE COMPLETE WORKS OF WJ Written by Adam Long, Daniel Singer and Jess Winfield TltJ IDG EDI Additional Material by Reed Martin l-TxU LONDON’S LONGEST-RUNNING COMEDY!
      72 words
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  • COMPANY NEWS
    • Article
      Lock icon Q3 investment banking fees at post-crisis low
      401 6  -  But year-to-date fees up at US$56.8b; S’pore fees rise 24% to US$373m By KENNETH LIM kenlim@sph.com.sg THE world’s investment bankers took home less money over the past three months than in any quarter since the start of 2009, amid uncertainties surrounding quantitative easing
      401 words
    • Article
      Lock icon Blumont ‘could have attracted int’l interest’
      380 6  -  By CAI HAOXIANG haoxiang@sph.com.sg IN ITS second reply to a Singapore Exchange (SGX) query on the sharp rise of its share price since the beginning of the year, Blumont Group said its recent flurry of activities could have attracted international interest in its stock.
      380 words
    • Article, Illustration
      Lock icon Blumont’s staggering stock performance raises many questions
      716 6  -  HOCK LOCK SIEW By ANGELA TAN angelat@sph.com.sg INVESTORS of Blumont Group, whose stock is arguably one of the best performing this year, would be laughing all the way to the bank had they held on to the shares they bought early this year.
      Source: Bloomberg  -  716 words
    • Article, Illustration
      Lock icon Australia’s Linc plans to shift listing to S’pore
      531 7  -  Upstream oil and gas firm also intends to offer shares to new investors By ANDREA SOH sandrea@sph.com.sg IN A sign of Singapore’s growing attractiveness as a listing venue for early-stage mineral, oil and gas (MOG) firms, Australian upstream oil and gas company
      531 words
    • Article
      Lock icon Temasek brings Gas Supply under Pavilion
      538 7  -  Piped gas importer GSPL will ‘outsource’ to Pavilion Gas By RONNIE LIM ronnie@sph.com.sg TEMASEK Holdings, which recently set up Pavilion Energy and Pavilion Gas to handle its LNG businesses, is consolidating the trading, marketing and distribution operations of another of its subsidiaries, Gas Supply
      538 words
    • Article, Illustration
      Lock icon US$10m profit guarantee for Acma from Russia’s AVG ‘on the low side’
      408 7  -  By R SIVANITHY sivan@sph.com.sg THE US$10 million profit guarantee given to main-board-listed Acma Ltd by its new Russian partner, Avangard 500 (AVG), last month is “on the low side”, said AVG director Mikhail Polyakov yesterday. At a press
      PHOTO: ARTHUR LEE  -  408 words
    • Article, Illustration
      Lock icon Cordlife and Artivision unveil placement plans
      363 10  -  The former expects to raise $32.1 m from private placement and the latter $4.27m By TEH SHI NING tshining@sph.com.sg CORDLIFE Group and Artivision Technologies yesterday announced that they are raising funds via share placements. Cordlife has proposed a private placement of 26.8 million shares
      FILE PHOTO  -  363 words
    • Article
      Lock icon CFOs of the future need broader skillset: ACCA, IMA
      656 10  -  By MICHELLE QUAH michquah@sph.com.sg THE rapidly changing business environment, with its risks and less stability, means that CFOs (chief financial officers) need to know how to create and sustain value for their businesses, in addition to the way they traditionally managed
      656 words
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      305 6 FUTURE READY FRANCHISING LICENSING ASIA Exhibition Conference www.FranchiseLicenseAsia.com 3-5 October 2013 10.30am 6.30pm (Thu Fri) 10.30am 5.30pm (Sat) Level 1 Hall B Marina Bay Sands, Singapore Realise entrepreneurial dreams at the region’s premier franchise trade event! Over 230 brands 20 countries regions Gear Up! Learn from the best FLAsia’s International
      305 words
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      37 7 Featured A is T I I* 4^i—^. mm 1*1 ll@ I V '..az'Jj 7 VS tAT l/WISMAATRIA WISMAONLINE.COM 435 ORCHARD ROAD, NEXT TO ORCHARD MRT. CONCIERGE *****103. OPEN 10AM 10PM DAILY. A Property of STARH1LL GLOBAL REIT
      37 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Shares weaken, shine still on pennies
      548 8  -  Liquidity for low-priced stocks showing signs of flagging, after trading curbs on the more speculative ones STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent ONCE the short-cover-ing that marked trading on Tuesday was completed, stocks weakened yesterday, with the Straits Times Index dropping 28.92 points, or
      Source: Bloomberg  -  548 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 8 Oct 2 VALUE CLOSE BT OB/OS -299.00 -175.00 BT CADI -*****.00 -82.00 BT 10-day MA -*****.00 -30.00 FTSE ST Mid Cap 789.72 -1.47 FTSE ST Small Cap 569.66 -1.20 FTSE ST All Share 780.80 -5.69 FTSE ST China Top 203.99 -0.39 FTSE ST China 232.89 -0.82 FTSE
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 7 4 0 0 0 3 7 4 Manufacturing 46 53 44 5 14 8 51 67 52 Commerce 20 25 21 5 9 1 25 34 22 Tpt/Stor/Comms 11 19 10
      186 words
    • Article, Illustration
      Lock icon BROKERS’ TAKE
      1028 8  -  Compiled by CAI HAOXIANG Wilmar International Oct 2 close: S$3.21 Maybank Kim Eng Research, Oct 2 WE continue to like Wilmar for its fully integrated and well-diversified agri-business model, dominant global market positions in palm oil plantation/processing and soya bean crushing, as well as its foothold in China
      Source: Bloomberg  -  1,028 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 39,785 39,785 85,044 85,044 Manufacturing 464,456 127,686 592,142 187,681 5,644 193,326 Commerce 527,406 360,956 888,362 117,348 32,788 150,136 Tpt/Stor/Comms 86,582 28,753 115,335 112,230 11,466 123,696 Finance 56,464 711 57,175 205,212 293 205,504 Construction 346,547 279,338
      123 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 8 Stock name Close Change CapMallsAsia 1.950 -0.020 CapitaLand 3.120 -0.010 CapitaMall 1.975 -0.005 CityDev 10.31 -0.060 ComfortDelGro 1.935 -0.040 DBS Grp 16.14 -0.290 GLP 2.900 -0.050 Genting SP 1.430 -0.010 Golden Agri 0.525 HK Land 6.670 -0.020 HPH Trust US$ 0.785 -0.005 JMH 53.61 -1.880 JSH
      112 words
    • Article, Illustration
      Lock icon Dollar slips on US political gridlock
      572 8 CURRENCIES Reuters [LONDON] Concerns over a US government shutdown saw the dollar slip to a one-month low against the yen yesterday, while expectations for a European Central Bank meeting and Italian government confidence vote kept the euro under pressure. Traders said markets could be
      Reuters; PHOTO: AFP  -  572 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      55 8 VOLUME NexGenSCom 265,530,000 YHM 244,599,000 HanKore 172,616,000 IPCO Intl 151,115,000 GSH Corp 142,949,000 Oakwell Engg 131,946,000 Rowsley 131,468,000 Albedo 112,706,000 See Hup Seng 83,652,000 TopGlobal 75,382,000 VALUE($) DBS Grp 93,165,815 Blumont 71,481,910 SingTel 50,702,820 UOB 50,381,760 Rowsley 48,857,945 Yangzijiang 48,300,203 Keppel Corp 41,390,890 CapitaLand 41,096,610 See Hup
      55 words
    • Article
      Lock icon RISES
      120 8 BY CENTS CLOSE UP IS S&P500 ***** 170.3 0.8 DBXT MSEurope 10US$ 5580 80.2 1.2 DBXT FTChina25 10US$ 2912 20.0 0.6 DBXT FTVietnam 10US$ 2325 18.8 0.6 Lyxor China H 10US$ 1400 15.0 0.9 Kep Corp.ES.1310 1048 13.0 1.3 SIA 200 1028 12.0 1.2 DBXT MSBrazil 10US$ 498 10.0
      120 words
    • Article
      Lock icon FALLS
      126 8 BY CENTS CLOSE DOWN GLD 10US$ ***** -434.6 -2.7 SPDRS S&P 500 10US$ ***** -250.5 -1.2 JMH 5361 -235.5 -3.4 DBXT AUD Bonds 5AU$ ***** -166.2 -0.8 Jardine C&C 3610 -101.0 -2.7 JSH 3390 -62.6 -1.5 DBXT MSTHAI 10US$ 2008 -50.1 -2.0 DBS.ES.1310 1614 -35.0 -2.1 DBS Grp 1614
      126 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
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      303 9 I > i y i 4 jy r f r* rW'V r t V tf c r r r i *r»] t tJ'.Ttlfl I r c T,'/ J C r O- 4 V» K r**~ ;£i V C r r J V. n Kg m mi*#'a rf :•.'»«< i*l Q
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      2147 10 KTL GLOBAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4519M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of KTL Global Limited (the “Company”) will be held at 71 Tuas Bay Drive, Singapore *****0 on Monday, 21 October 2013 at
      2,147 words
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      163 10 Come celebrate with us! 3)H -&ECA I( EHPJHEC PA HPL) a-A)H -a!!a:&c+ =/!&-EPcLH a>A!HAC AaJP6 EHLH&<H P LadG!&dHcAPE6 -E>&A APEA PcJ P L>G a-)aA La--HHQAHP aE &LHJ !Hdac AHPR 3a EHJHHdT $>CA GEHCHcA A)&C PJ<HEA&CHdHcAR WcH EHJHdGA&ac GHE EHPJHE ac!6 R CENTRAL ?!&--aEJ ?HcAEH ’OKSM# ?)&cPAa:c Va&cA ’OMSO( bXH:‘ ?&A6
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  • SINGAPORE NEWS
    • Article
      Lock icon Asia, Latin America seek to go beyond commodity-based trade
      472 11  -  Tharman also highlights need for investment and productivity growth By JACQUELYN CHEOK jaccheok@sph.com.sg TRADE and investment relations between Singapore and Latin America have deepened significantly in the last decade. Bilateral trade grew at a compound annual growth rate (CAGR) of 21.2
      472 words
    • Article
      Lock icon Local universities make strides in Times world rankings
      677 11  -  NUS is No 26, rising three spots from last year; NTU is up 10 places at No 76 B)’ LEE U-WEN leeuwen@sph.com.sg SINGAPORE’S two oldest universities have moved up the ladder in the latest edition of the Times Higher Education World University
      677 words
    • Article, Illustration
      Lock icon CRA’s CEO is first Asian to lead body of regulators
      241 11 Lau Peet Meng’s presidency lasts until October 2014 THE head of Singapore’s casino regulator has become the first Asian to helm the International Association of Gaming Regulators (IAGR). Lau Peet Meng, chief executive of the Casino Regulatory Authority, succeeded Susan
      241 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon New Insead dean will be based here
        64 11 BUSINESS school Insead has appointed Ilian Mihov as its dean. Prof Mihov will be resident in Singapore, the first Insead dean to be based in Asia. He will travel frequently to engage the global Insead community, which encompasses campuses in France, Singapore and
        64 words
      • Article
        Lock icon Detention orders for 4 over match-fixing
        107 11 THE Ministry of Home Affairs has issued detention orders on four people and a police supervision order on another for their involvement in a global football match-fixing syndicate. The five are among the 14 arrested last month following an islandwide crackdown led by the
        107 words
      • Article
        Lock icon Raising productivity of manufacturing SMEs
        102 11 THE Singapore Institute of Manufacturing Technology has initiated a Collaborative Industry Project (CIP) to offer manufacturing SMEs an integrated approach to boost productivity in the various phases of the manufacturing process. Announced during Budget 2013, CIPs are meant to incentivise the development of bottom-up, scalable
        102 words
    • Article
      Lock icon Agent-adviser alliance to start outreach plan
      430 11  -  Underprivileged to get lessons on financial literacy By CAI HAOXIANG haoxiang@sph.com.sg TO counter the negative public perception of their industry, a group of 15,000 insurance agents and financial advisers yesterday launched a community outreach initiative to teach financial literacy to the underprivileged. The first
      430 words
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      18 11 CHARTING DIRECTIONS Place your AGM and EGM notices in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      18 words
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      423 11 GAS GAS ASIA SUMMIT Conference and Workshop Marina Bay Sands I Singapore 30 October -1 November 2013 Partof 9 f SINGAPORE INTERNATIONAL ENERGYWEEK 28 October I November 2013 BookYour Place Now! Gold Sponsor BG GROUP Silver Sponsors CHENIERE A GASTECH REGIONAL EVENT E^onMobil Creating Integrated and Sustainable Gas Markets to
      423 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Over US$5b of Indonesian coal mined illegally
      570 12 This works out to US$460m of lost tax revenue; anti-graft agency probing case Reuters [JAKARTA] Indonesia may be the world’s top exporter of thermal coal, but that masks an embarrassing fact for a government scrambling to raise revenue more than US$5 billion worth
      Reuters; PHOTO: REUTERS  -  570 words
    • Article
      Lock icon M’sian lawmaker seeks state audit of Petronas books
      459 12  -  B)’ S JAYASANKARAN in Kuala Lumpur PRIME Minister Najib Razak told Parliament yesterday that national oil company Petroliam Nasional, or Petronas, had paid the government a hefty RM732 billion (S$284 billion) since its inception in 1976, prompting an Opposition lawmaker to ask
      459 words
    • Article
      Lock icon Mah Sing pays RM430m for freehold Johor land
      258 12 [PETALING JAYA] Mah Sing Group has acquired about 547 hectares of freehold land in Pasir Gudang, Johor, and plans to develop it into a mega township over the next seven years. The land was purchased for about RM430 million (S$166.9 million) and
      258 words
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      146 12 Be Empowered with Singapore Property Watch v Gain access to valuable information to the property you are looking to buy sell rent! Transactions History Profitability Analysis Rental History Nearby Properties WSTOOCAL MONTHLY PRICE RANGE Jun 2009 Maximum; $l,2S3psf Average; Sl,052psf Min mum: SSSOpsf !RTIcS PRICE COMPARISON (UP TO 60) MSTORKAL
      146 words
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      377 13 L V'NN (io V'IaV Va V/^v/ V.* D t W ROYAL MINTGARDENS LONDON EXCLUSIVE LAUNCH LUXURY CITY LIVING ■v V -r*-: < *T f b. 5--rr-53 *31 wa iHl'" 5 C V, m f a: ■1%. JP. P A ■v /l *9i X* A •^><8 Collection of luxury studio, 1,
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Baidu unit plans US$125m IPO in New York
      456 14 US investors have strong appetite for Chinese Internet stocks Reuters [HONG KONG] A Baidu Inc unit is seeking to raise US$125 million by listing in the US, where strong investor appetite for Chinese Internet stocks is trumping lingering concerns about accounting irregularities
      Reuters  -  456 words
    • Article, Illustration
      Lock icon Export condition poses big challenge for Indian jewellers
      532 14 Reu ters [MUMBAI] Indian jewellers, long spoiled by access to the world’s largest group of gold consumers, must seek expansion overseas after the Indian authorities tied gold imports to exports. But the path will not be easy. India has hiked import duty
      Reuters; PHOTO: REUTERS  -  532 words
    • Article
      Lock icon Tesco takes 20% stake in China Resources venture
      424 14 HK$4.3b move will allow it to expand in China Bloom berg [HONG KONG] Tesco plc, the largest UK retailer, will pay HK$4.33 billion (S$694.3 million) to gain 20 per cent of a venture with China Resources Enterprise Ltd to extend its reach
      Bloomberg  -  424 words
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      359 14 M STPROPERTY SEMINAR ih 08 ,i G' n A Strategy For The Smart Investor HOW TO CAPITALISE ON CURRENT MARKET TRENDS b POLICIES The government has recently announced its Future development plans For Bidadari Estate, Punggol Matilda, Tampines North and the Paya Lebar Airbase. How would that, together with the
      359 words
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      2865 15 TAI SIN ELECTRIC LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****0057W NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Tai Sin Electric Limited will be held at Albizia Room, Level 2, Jurong Country Club, 9 Science Centre Road, Singapore *****8
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      3347 15 S'JflMESHOLDlMGSLTD (the “Company") (Registration No: *****0338M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eleventh Annual General Meeting of St. James Holdings Limited (the "Company") will be held at Shanghai Dolly, Clarke Quay, The Foundry, 3B River Valley Road, #01-01, Singapore
      3,347 words
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      3088 16 cordlife one chance, one choice. CORDLIFE GROUP LIMITED Company Registration No. *****2883E (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Cordlife Group Limited (the “Company") will be held at the Auditorium 302, Level 3, NTU@one-north Executive Centre,
      3,088 words
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      289 16 In just three days Shanghai FTZ has received "name search" applicationsfrom over 900 firms IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MICROPROBE SINGAPORE PTE. LTD. (IN MEMBER’S VOLUNTARY LIQUIDATION) (Company Registration No. *****5266K) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS Notice is
      289 words
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  • KOREAN NATIONAL DAY
    • Article, Illustration
      Lock icon Building on good economic relations
      1672 17  -  Singapore and Korea are enjoying close ties and cooperation on an intra-regional and global level, says Ambassador Suh All reports by VINCENT WEE Q: KOREA-SINGAPORE relations are growing ever stronger. Some examples include the regular business dialogues and agreements signed. What is your assessment of
      PHOTO: ARTHUR LEE; PHOTOS: NATIONAL MUSEUM OF KOREA  -  1,672 words
    • Article, Illustration
      Lock icon MICE beyond the main cities
      649 18  -  Korea Tourism Organization’s Singapore office director Helen Shim tells Vincent wee about the MICE industry in Korea and what she is doing to keep promoting it in Singapore Vincent Wee Q: WHAT are your views about the Meetings, Incentives, Conferences and Exhibitions (MICE) industry in
      PHOTO: KOREA TOURISM ORGANIZATION  -  649 words
    • Article
      Lock icon Incentivising planners to open their minds
      398 18 PLANNING MICE events is as much about resourcefulness as it is about creativity. These are attributes that the Korea Tourism Organization’s (KTO) Singapore office hopes to develop with an innovative new campaign to promote such events in Korea. Offering the incentive of the top
      398 words
    • Article, Illustration
      Lock icon MICE destinations with a difference
      855 19 Cities such as Busan and Jeju offer a refreshing change from the usual options available in Seoul BUILDING up a MICE destination is about more than just having the right infrastructure in place and developing a critical mass of events to raise awareness of the
      PHOTO: KOREA TOURISM ORGANIZATION  -  855 words
    • Article, Illustration
      Lock icon Jeju: More than just a pretty place
      779 23 After the day’s business is done, delegates are spoilt for choice for places to relax in Jeju WHILE Jeju is known as a scenic destination full of natural beauty, it is less known that many of these attractions are also suitable for MICE
      PHOTO: KOREA TOURISM ORGANIZATION  -  779 words
    • Article, Illustration
      Lock icon Leaping ahead from the Asian Games
      1327 24 Incheon hopes to reap benefits as 2014 Asiad host and encourage more enterprises to set up in the city THE Korean city of Incheon is striving to become a centre for the service industry and one of the ways it is trying to raise
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      150 17 f facebook.com/kia. Proud to be Korean A A ft 'i AT zt S M i Fuel Consumption: 6.8L/100km CO2 Emission: 160g/km We at Cycle Carriage are proud to be part of the Korean dynamism that's shaping the new millennium. The nation has over the years evolved into an international sensation
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      254 18 SiTiRAVEL 1Lll» t!T' y vfrsr, v SSKIVK 0 KOREA Aim iiirc TOURISM ASIAN A AIRLINES ORGANIZATION 6/80 INSPIRING KOREA 50 JEJU-gg Featuring: I jeju I HWACHEON I pVEONGCHANG I SEOUL n„o- net 18.20,21,23, I Dep; Oct 13,20 Nov 3,10 UP$i83o 1038 Dep; Oct 18,20,21,2 25,27,28,30 Nov 1,3, 4,6,8,10,11 ,13,15 1088
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      104 19 KorEA Korea Incentive A Place \bu Want to Be! V fl M as s 4 Enjoy a potpourri of unique cultural and historical experiences in the country that offers a fascinating blend of traditional and contemporary flavours. Cultural tours, historical sites, medical and aesthetics tours, 24-hour shopping, amazing food, the
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      1159 20 / 21 ADVERTISING FEATURE KOREA TICKS ALL TH E RIGHT BOXES AS A TOP MICE DESTINATION Korea, the heart of North-east Asia, has emerged as a world-class MICE destination that is truly in a class of its own. Blending 5,000 years of history and the cosmopolitan flair of modern cities, Korea packs
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      1750 20 / 21 Spotlight On Korea The MICE Destination Like No Other K-BEAUTY WELLNESS FAMILIARISATION TOUR FOR THE MEDIA This is the first K-Beauty Wellness Familiarisation Tour organised by the Korean Tourism Organization (KTO) for media representatives from key media outlets such as The Straits Times, The Business Times, My Paper, TODAY, Regent
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      1484 22 ADVERTISING FEATURE 101 Things To Do In One Day In the uniquely charming cities of Korea, there is much to see, to do and to discover in just a day thanks to an efficient transport system and a high concentration of extraordinary attractions. Here are the top must-dos for short-stay
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      142 23 u hot and SDicy bowl of Shin Ramyun Black for a little hallyu going KOREAN TAKES OJVtf iscsSSf® 5, f f* v H** 4 ■vita ■r f.f K> spicy rftt. I v. *l< I 4 cj| uJVU C7 S tm~ Z H N Ramyun m v&r v m »r ‘“■Jst
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      162 24 DEW THinKinG. HYunnni hew possibilities. \t 1 i >.• H i' f t I ////I r s i i 1 r MPMw, I- i fl shr f 4.M I UmiltM 1 in 9 ■n 7ft H I I LI 3 Orj'S’X ■0031 I »P«s«ll 1 MilitolUX U I I i
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  • WORLD
    • Article
      Lock icon S-E Asia urged to improve energy efficiency
      618 25  -  Region’s fast-growing energy use leading to dependence on imports: IEA By ANTHONY ROWLEY in Tokyo THE International Energy Agency yesterday urged countries in South-east Asia to take “serious action” to improve energy efficiency as the region’s fast-growing energy use leads to a sharp
      618 words
    • Article
      Lock icon US firms hired fewer workers in Sept than expected
      380 25 Bloomberg [WASHINGTON] Companies added fewer workers than projected in September, indicating that the US job market is struggling to gain momentum, a private report based on payrolls showed yesterday. The 166,000 increase in employment followed a revised 159,000 rise in August
      Bloomberg  -  380 words
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      Lock icon Europe firms feel emerging market pain
      693 25 Bloomberg [MUNICH] Asia and Latin America were the salvation for many European companies during the height of the debt crisis. Now, they’re eating into earnings. Unilever on Monday blamed weakening currencies in Indonesia, Brazil, South Africa and India for a sales slowdown, following Adidas
      Bloomberg; PHOTO: REUTERS  -  693 words
    • Article
      Lock icon New Australian govt aims to bridge infrastructure deficit
      450 25 It is considering issuing new types of infrastructure bonds Reu ters [SYDNEY] Australian Prime Minister Tony Abbott’s ambition to be known as “Mr Infrastructure” is raising expectations of financing reform to open up tens of billions of dollars in construction contracts and
      Reuters  -  450 words
    • Article
      Lock icon Global push to bolster bank capital fraying
      652 25 Bloom berg [ZURICH] Standard Poor’s said that it sees “worrisome cracks” in a global push to strengthen banks’ capital, with the world’s largest lenders unlikely to make big improvements. “Events in the past six months illustrate that the consensus on bank capitalisation is
      Bloomberg  -  652 words
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      Lock icon Microsoft investors push for chairman Gates to step down
      652 26 They worry that he wields power out of proportion to his falling shareholding Reuters [SEATTLE] Three of the top 20 investors in Microsoft Corp are lobbying the board to press for Bill Gates to step down as chairman of the software
      Reuters; PHOTO: AFP  -  652 words
    • Article
      Lock icon ‘Candy Crush Saga’ maker files for IPO
      449 26 Bloom berg [SAN FRANCISCO] King. com, maker of the popular Candy Crush Saga puzzle game on Facebook Inc and Apple Inc products, made a confidential filing for an initial public offering (IPO), a person familiar with the matter said. The company, part of
      Bloomberg  -  449 words
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      Lock icon BlackBerry admits losing out in the developing world too
      574 26 NYT [OTTAWA] In a delayed regulatory filing issued on Tuesday evening, smartphone maker BlackBerry revealed that customers are turning against its products in what had been its one remaining bright spot, the developing world. “The intense competition impacting the company’s financial
      NYT; PHOTO: REUTERS  -  574 words
    • Article
      Lock icon Banks get another chance to submit plans
      566 26 Living wills to detail strategies for staying afloat Bloom berg [WASHINGTON] Global banks that failed to convince US regulators last year that they could go bust without destroying the financial system got another chance this week to submit plans for a safe demise.
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    • Article
      Lock icon Portugal hints that it may need further financial aid after 2014
      303 26 AFP [STOCKHOLM] Portugal’s president Anibal Cavaco Silva hinted that his debt-ridden country may need fresh financial support after 2014, the year its current rescue package ends. On an official visit to Stockholm, Mr Cavaco Silva said he was “convinced
      AFP  -  303 words
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      Lock icon Shutdown puts Obama’s 8-day Asia trip in peril
      894 27 He has postponed Malaysia visit and may cancel or shorten his travels Bloomberg [WASHINGTON] The US government shutdown may leave President Barack Obama’s foreign policy goals as an unintended casualty. Mr Obama is scheduled to depart in two days for Asia, a
      Bloomberg; PHOTO: REUTERS  -  894 words
    • Article
      Lock icon What’s next for The Washington Post Co?
      697 27 Without the paper, its focus on Kaplan will be more stark WP [WASHINGTON] The sale of the Washington Post newspaper marked an emotional milestone for its former parent company, but the firm’s future long ago stopped revolving around its flagship publication. What comes
      WP  -  697 words
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      Lock icon Spain’s jobless queues grow longer in Sept
      411 27 Unemployment sees first rise since Feb to 4.72m AFP [MADRID] Spain’s jobless queues grew in September as a summer jobs boom ended, breaking a sixmonth run of shrinking unemployment lines, government figures showed yesterday. The number of people registered as unemployed rose by
      AFP; PHOTO: REUTERS  -  411 words
    • Article
      Lock icon US govt shutdown hits businesses
      602 27 Agency websites, loan programmes shut down Bloomberg [WASHINGTON] The Inter-net-based system that employers use to check whether job applicants may legally work went dark as US agencies limited or cut off electronic communications companies use in everyday tasks. Websites that shut down included the E-Verify
      Bloomberg  -  602 words
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      253 25 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
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      102 25 Myanmar O Supply Chain Management Conference 2013 4-6 November, 2013 Traders Hotel,Yangon www.mscm.sphereconferences.com Looking at Supply Chain Management in Myanmar? Opening Address by H.E U Nyan HtunAung, Minister for Transport, Union of Myanmar n U Kyaw Oo Myanmar Port Authority Bob Travers Procter Gamble and more! Event Highlights Keynote presentations
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      60 26 HOT PROPERTY S 0sf p gt; nliitop Nice decor r Vl f w 0u,et$6.5K neg Rare! unfurn Range T0 Rd T 3 T rn f h P a a 240?/ R Burt,t S y n Srm+Attic, spacious CENTRAL HOUSES FOR RENT Check this and many other properties in CATS Classified
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  • EDITORIAL & OPINION
    • Article
      Lock icon Time to make Singaporeans ‘hungry’ again?
      484 28 EDITORIAL SINGAPOREANS aren’t too keen to work abroad and this limits the country, Prime Minister Lee Hsien Loong said recently. The reluctance of Singaporeans to take up overseas postings would constrain not only their own career progress in multinational corporations but also Singapore’s potential
      484 words
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      Lock icon GOP backers the only ones who can break impasse
      827 28  -  THE BOTTOM LINE LEON HADAR Washington Correspondent IT’S official. Washington’s main industrial engine, the US government, started to shut down after the White House and Republican Congressional leaders failed to reach an agreement to continue funding the various federal agencies. No,
      827 words
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      Lock icon Achieving success in dynamic markets
      990 28  -  Companies have their work cut out for them in trying to deliver high growth profitably By BALA CHAKRAVARTHY The writer is professor of strategy and international management at IMD and held the Shell Chair in Sustainable Business Growth at IMD from 2003 to 2012. He
      PHOTO: REUTERS  -  990 words
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      Lock icon Beware another flood of liquidity
      1011 29  -  Concerns about weak credit growth could push policymakers into a new round of QE exercises ANTHONY ROWLEY Tokyo Correspondent IT IS said that you can take a horse to water but you cannot make it drink. Or maybe you can, if we are to believe
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      Lock icon South-east Asia beckons as manufacturing base, market
      685 29  -  By NOEL QUINN The writer is HSBC’s regional head of commercial banking, Asia-Pacific IN ITS fascination with all things China, much of the world seems to have overlooked one of the great trading opportunities of the post-cri-sis global economy: the potential of South-east
      PHOTO: REUTERS  -  685 words
    • Article
      Lock icon A look at costs – and returns – of a bank bailout
      544 29  - A look at costs and returns of a bank bailout By ANDREAS UTERMANN The writer is Allianz Global Investors’(AllianzGI) Global CIO WHILE the costs of financial crises are all too evident in debtor markets, how much do bailouts really cost creditor countries? The question is particularly pertinent in light of
      544 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon StanChart, Tigerair tie up on airline credit card
      381 30  -  Cardholders enjoy priority boarding, seat selection when they fly Tigerair By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] Standard Chartered and budget carrier Tigerair have tied up to launch a no-frills airline credit card. “We have carried out research which clearly indicates that travel-related spends
      FILE PHOTO  -  381 words
    • Article
      Lock icon ANA wins more new Haneda slots than JAL
      779 30 Bloomberg [TOKYO] ANA Holdings Inc, Japan’s biggest airline, won more take-off and landing rights than Japan Airlines Co (JAL) at Tokyo’s Haneda airport in a distribution of new international slots by the government. ANA will get 11 new daytime slot pairs at
      Bloomberg  -  779 words
    • Article
      Lock icon TRANSPORT STOCKS
      255 30 SGX '000 Oct 2 S$ +/-Vol CH Offshore 0.42 0.01 81 Chuan Hup Hldg 0.29 0.02 2129 Cosco Corp 0.79 unch 2797 CWT Ltd S$ Ezra Hldgs 1.17 0.01 4590 First Ship Lea 0.09 unch 501 Freight Links 0.11 unch ***** Grand Banks 0.29 unch 10 Jaya Hold
      255 words
    • Article
      Lock icon Overcapacity, weak demand keeping freight rates low
      1038 30 Bloomberg [LONDON] Global container-shipping operators’ efforts to boost freight rates this year are failing to bring results because of overcapacity and weak demand. That may undermine the recent rise in container-shipping stocks after secondquarter industry results were better than expected, says Robin Byde,
      Bloomberg  -  1,038 words
    • Article
      Lock icon SHIPPING TIMES
      1331 31 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
      1,331 words
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      Lock icon Page 30 Advertisements Column 1
      30 30 I SMAPORES 1 HOT “>rre!T WTS LIGHTNING STRIKES CATCH THE ALL NEW NISSAN HOT FM91.3 THUNDER TRUCK TUNE IN TO HOT FM91.3 FOR MORE INFO WWW.HOTFM.SG I FACEBOOK.COM/HOTFMSG 3* HOTFMSG
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      Lock icon Page 30 Advertisements Column 2
      44 30 MOTHER TONGUE WORRIES More Indian parents want children to stay connected to their roots MMI’s Dr Chandroo: is our platform to know the pulse of the Indian community GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
      44 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 1
      356 30 CRYPTIC CROSSWORD Across 1 26 Play with energy running around in gym (4,4) 3 Mum and boy, a quiet little boy socially awkward? (10) 9 Defeat sees king ousted (4) 10 Most impressive workshop almost blocking two streets (10) 11 Where many of you will now be writing, in theory
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      50 31 PLACE YOUR AD HERE .THE BUSINESS TIMES Shipping times CALL JOE WONG AT 9620 1327 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE the business times Shipping Times FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? II
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3093 32 Transaction date: Oct 2 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 --AAT M Cap High Low Company 75 57 ASL Marine 67cd +0.5
      3,093 words
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      Lock icon SGX CATALIST
      190 33 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale (‘000) High Low Buyer Seller C'vr P/E Smil 0.5
      190 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      10994 33 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FuncTCI A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** Asian Local Ccy SD Bond Aberdeen Asset Mgt Asia Limited Global Emerging Markets!** Asian Smaller tos'** 1 9304/ EM Local Ccy Bond 0.9198/ European Opportunities 1 1
      10,994 words
    • Article
      Lock icon GLOBALQUOTE
      249 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 52 31 Genting HK US$ US42 +1 6729 42.5 41 41.5 42 2765.5 Last 280 191 TanChongInt HK279 +2 57 280 279 278 279 4.3 2.5
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      Lock icon SGX ETF
      873 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 143 125 CIMB APAC Div 100S$D 129.4 128.5 129.4 114.4 99.2 CIMB APAC Div 100US$ US104 102.9 103.6 10.9 1510 1192 CIMBASEAN40 100S$D 1310 -3
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      601 34 Oct 2 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.47 *****.20 *****.54 Dec13 *****.00 *****.00 *****.00 *****.00 *****1 *****3 Mar14 *****.00 *****.00 *****.00 *****.00 6 309 MSCI TAIWAN INDEX FUTURES SPOT 288.37 290.06 288.37 Oct13 287.40 290.50 286.90 288.10 ***** *****8 Nov13 288.20
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 34 In local curr In S$ In US$ dy yr dy yr dy yr Oct 1 Index Change Change Change Change Change Change World Preliminary 1103.5 0.6 17.6 0.4 19.0 0.6 16.1 EAFE Preliminary 905.8 0.4 16.9 0.2 16.7 0.4 13.9 Europe Preliminary 1291.2 0.6 12.6
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 34 Oct 2 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.968 5.723 0.691 7.250 58.394 108.173 0.910 10.050 3.021 1.137 98.950 40.565 1.171 9.454 0.846 27.626 29.281 0.577 0.935 Canada 1.034 5.915
      471 words
    • Article
      Lock icon SIBOR
      50 34 Oct 2 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 1 mth 2 mths 2 mths 3 mths 9 mths 12 mths 9 mths Source: Thomson Reuters
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    • Article
      Lock icon GOVERNMENT SECURITIES
      88 34 Oct 2 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 04-Apr-14 0.28 1-Year BY*****H 02-May-14 0.29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.76 101.85 101.78 5-Year N*****0T 0.5 01-Apr-18 98.52 98.75 98.55
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    • Article
      Lock icon PRECIOUS METALS
      139 34 Oct 2 GOLD(US$/oz) Oct 02 Sep 30 Hong Kong 1294.00 1340.00 Oct 01 Sep 30 London 1289.83 1330.46 1290.65 1331.23 Source: Thomson Reuters CAST BAR Oct 02 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 117 52 5gm 332 260 10gm 593 519
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    • Article
      Lock icon PALM OIL
      57 34 Oct 2 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 13 2350.0 2355.0 2367.0 2350.0 492 3969 Nov 13 2315.0 2316.0 2338.0 2308.0 2959 ***** Dec 13 2310.0 2311.0 2334.0 2303.0 ***** ***** Jan 14 2313.0 2312.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 34 Oct 2 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1706 1.1716 0.9347 0.9351 Canadian dollar 1.2098 1.2110 0.9666 0.9660 Euro 1.6944 1.6953 1.3529 1.3531 NZ dollar 1.0292 1.0304 0.8218 0.8224 Sterling pound 2.0291 2.0303 1.6202 1.6205
      155 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 34 As at 9am Oct 02 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.203 1.146 Can dollar 1.233 1.186 Euro 1.731 1.649 Sterling pound 2.063 1.984 NZ dollar 1.057 1.017 US dollar 1.277 1.217 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      158 34 Oct 2 $S Offer Bid 0vernight 0.25 0.15 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.05 US$ Offer Bid 7 days 0.20 0.10 1 month 0.26 0.16 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.50 0.30 9 months 0.60 0.40 12
      158 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1152 34 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 36 3 40 0.0 5 -87 57 Asia-Pacific Strategic W*****6 Ratio Exer Albedo Limited W*****9 Prem Disc Ascendas Reit MB ECW*****3 Expiry Asiatic Grp(Hldgs) Ltd W*****5 3.2 -0.2
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    • Article
      Lock icon CHICAGO BOT
      109 34 Oct 1 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 13 1268.00 1282.75 1278.75 1263.50 Jan 14 1270.00 1285.00 1281.00 1265.50 Mar 14 1253.00 1267.00 1264.00 1250.00 May 14 1233.75 1248.50 1246.25 1232.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 13
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    • Article
      Lock icon LIFFE
      95 34 Oct 1 COCOA (£/tonne) Close Prev High Low Dec 13 1691 1707 1708 1685 Mar 14 1672 1684 1685 1665 May 14 1660 1670 1671 1652 Jul 14 1650 1659 1656 1643 COFFEE(US$/tonne) Close Prev High Low Nov 13 1636 1642 1658 1626 Jan 13 1643 1650 1664 1633
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 34 CRUDE OIL PRODUCTS Oct 01 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.13 -0.76 WTI (Near Mth) 101.75 -0.68 Dubai (1-Mth F) 103.42 -0.93 Tapis blend 116.22 0.36 Minas 107.22 0.36 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 97.25 -0.69 Jet Kerosene 120.86 0.06 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 34 Oct 2 S$ Bid Offer 1-month 1.2524 1.2529 2-months 1.2523 1.2528 3-months 1.2523 1.2528 6-months 1.2519 1.2524 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      66 34 Oct-01 Oct-01 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1779.00 1798.35 3 months 1827.00 1845.00 Copper, Grade A(US$/tonne) Cash 7174.00 7290.25 3 months 7199.00 7302.00 Lead(US$/tonne) Cash 2037.25 2091.75 3 months 2065.00 2117.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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  • PROPERTY
    • Article, Illustration
      Lock icon US govt shutdown threatens housing rally
      1324 35 Loan approvals could be delayed, furloughs may crimp demand for homes Bloomberg [LOS ANGELES] A US government shutdown will immediately slow approval of thousands of mortgages. If it lasts more than a week, it threatens housing and the broader US economic recovery. Congress forced
      Bloomberg; PHOTO: AFP  -  1,324 words
    • Article
      Lock icon Home sales up in tighter Manhattan market
      755 35 NYT [NEW YORK] As Manhattan’s residential sales inventory continued to plunge in the past three months, dropping to its lowest level in 13 years, sales took off in the opposite direction, with buyers determined to make their move before mortgage rates and home
      NYT  -  755 words
    • Article
      Lock icon Househunt
      391 35 PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 28 WITH CONTRACT DATES BETWEEN SEPT 4 AND SEPT 10, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED V On Shenton Apt 06/09/2013 99 883 2082 2359 District 2 NON-LANDED 76
      391 words
    • Article, Illustration
      Lock icon Taiwan’s commercial market tipped to surge in Q4
      334 36 Investments set to rise to up to NT$40b after lifting of curbs on insurers Bloomberg [TAIPEI] Commercial real estate and land deals in Taiwan will probably surge in the fourth quarter after the government lifted some restrictions on insurers’ property investment, according
      Bloomberg; PHOTO: BLOOMBERG  -  334 words
    • Article
      Lock icon Carlyle reduces US apartment holdings
      464 36 Bloomberg [SEATTLE] Carlyle Group LP, the pri-vate-equity firm with more than a third of its US$2.3 billion US real estate fund in apartments, is reducing holdings of multi-family housing as rent growth slows from a post-reces-sion surge. The company is considering apartment sales as rising
      Bloomberg  -  464 words
    • Article, Illustration
      Lock icon Empire State Realty IPO raises US$929.5m
      751 38 New York-based Reit sells 71.5m shares for US$13 each Bloomberg [NEW YORK] Empire State Realty Trust Inc, whose properties include Manhattan’s Empire State Building, raised US$929.5 million in its initial public offering (IPO), pricing the shares at the low end of the range. The
      Bloomberg; PHOTO: REUTERS  -  751 words
    • Article
      Lock icon SoftBank founder acquires Tiffany Building for 32b yen
      373 38 Reuters [TOKYO] The billionaire founder of tech and telecoms group SoftBank Corp bought Tokyo’s landmark Tiffany Building for 32 billion yen (S$410.7 million) in one of the priciest property deals in recent years in Japan, underscoring the recovery in the real estate
      Reuters  -  373 words
    • Article, Illustration
      Lock icon Benidorm skyscraper a symbol of Spain crisis
      753 39 Only 35% of the units have been sold with delivery due in early 2014 AFP [SPAIN] Stretching into blue skies far above other towers crowding the Spanish resort of Benidorm, the Intempo skyscraper stands as a hard-to-miss beacon of excess from the days
      AFP; PHOTO: AFP  -  753 words
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      657 36 KnightFrank.com.sg W* Knight Frank SUBURBAN MALL IN PRIME LOCATION %7r Cityvibe my FOR SALE BY EXPRESSION OF INTEREST Closing Date 31st October 2013 (Thursday) at 3pm Minutes to dementi MRT Station Excellent population catchment High pedestrian footfall Potential to reposition or value add Over 40m of frontage 100% leased, Single
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      468 37 THE PENINSULA TOWER ..w ii.f o t ■M* :...i V 7 t i;l ’i 'f. f:Jar B. rr ’aw- v. i•-» Aii x-»;‘ "-5 iS£ if?’",...;.; Hr j w 41. ■*£#3 (*1 if 4i a-*#;* i P3 ■A** v.* •.li;. ‘Artist's impression 1. P r 5 U* asa WL^ i
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      332 38 LONDON LETTINGS PROPERTY MANAGEMENT SEMINAR BY Monty Nawaz, CEO of Saffron International 'jL.* MONTY NAWAZ ON YouQQD FREE SEMINAR TOPICS OVERVIEW OF LONDON RENTAL MARKET UNDERSTANDING PROPERTY MANAGEMENT HOW TO CHOOSE YOUR AGENT WHY ACCREDITED AGENTS ARE A MUST WHY SIGNING UK EXCLUSIVE AGREEMENTS IS A NO WHY IS YOUR
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      141 38 For Sale (Expression of Interest) Rare Large Land in Jurong Sizable Land: 200,000 sq ft Ideal for warehousing/general industry Huge open yard Low plot ratio utilised currently Excellent connectivity to highways seaport EOI Closing date: 31 Oct 2013 (Thu), 12pm For viewing or more information, please contact: Gerald Quek 9047
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      98 39 LU -I < to cc 0 LL UNIQUE OPPORTUNITY BESPOKE BOUTIQUE HOTEL FOR OVERSEAS INVESTORS An outstanding heritage hotel m with a one-of-a-kind facade. Building dating from 1920's. Fully equipped/Designer Decor Conservation/Upmarket/near 3 MRTs/ Zoned for Hotel Use/Fully Commercial Foreigners Can Buy! No additional Stamp Duty No Capital GainsTax on
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      417 39 A *r r: rT^.V| THE TRUE MARQUE OF PRESTIGIOUS LIVING nnuuuur-. W: t. or* v c aOI m HOLLAND PARK AVENUE I LONDON W11 >■ .->«usx 1 IB f **7? i *r >> mirW’ m j, =A iiiK" SMpwfcift -.V. f 7 53 1V ,T,7 ToiLTIK 9 <* L-fi. .l£M
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