The Business Times, 14 October 2013

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Total Pages: 40
1 42 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Monday, October 14, 2013
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  • 1313 1  -  Time to diversify the sector by riding on rising Asian middle class and open innovation By ANNA TEO anna@sph.com.sg [SINGAPORE] FROM pockets of research activity pre-2000, Singapore has built up a global status in the biomedical sciences, with a R&D landscape teeming today
    FILE PHOTO  -  1,313 words
  • 617 1  -  But he notes tone at IMF meetings is constructive BY. FELDA CHAY feldac@sph.com.sg [SINGAPORE] A clear resolution to the US fiscal and the debt issue is critical to restarting private investment worldwide, said Tharman Shanmugaratnam, chairman of the policy-set-ting body of the International
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  • Page 1 Advertisements
    • 88 1 BizIT IBM pushes hybrid cloud and Big Data PAGE 42 VIEWS FROM THE TOP Business brains from S’pore universities PAGES 14 15 DINING OUT Spanish swathe of rustic flavours PAGE 34 CEO SPEAKS Pursuing a passion for hospitality PAGE 6 INING OUT panish swathe f rustic flavurs AGE 34 8
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  • TOP STORIES
    • 762 2  -  Reports on corporate earnings front have thus far been positive WALL STREET INSIGHT By ROB CURRAN REPUBLICANS and Democrats will continue playing “chicken” with each other and the stock market this week, after signs of an end to the government shutdown sparked a
      PHOTO: AP  -  762 words
    • 11 2 db X-MACRO Trading Index Fund I4D 02/10/2013 86,11 GBP
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    • 477 2 R&D tie-ups are driver of biomedical growth FROM pockets of research activity pre-2000, Singapore has built up a global status in the biomedical sciences. The strategy now is to diversify the sector, riding on two key trends: rise of the Asian middle class and growth of open innovation
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    • 969 4 Talks between Harry Reid and Mitch McConnell seen as best chance for deal Bloomberg [WASHINGTON] Senate leaders of both parties began negotiations to avert a US default even as senators blocked legislation to prevent one and talks between the White House
      Bloomberg; PHOTO: AFP  -  969 words
    • 688 4  -  By JOYCE HOOI joyceh@sph.com.sg [SINGAPORE] It will be a year of middling fortunes for the economic powerhouses of South-east Asia come 2014, according to The Economist’s South-east Asia editor, Richard Cockett. Singapore, which is already seeing small growth this year, is expected to
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    • 97 4 THE Economist will bring its crystal ball to The Fullerton Hotel this year with its World in 2014 gala dinner on Nov 26. The dinner, which is supported by The Business Times, is inspired by the The Economist’s annual The World
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    • 799 4  -  BY ANNA TEO anna@sph.com.sg [SINGAPORE] Singapore’s research capabilities are being employed in a growing number of industries. “We are increasingly working with new industry clusters,” Lim Chuan Poh, chairman of the Agency for Science, Technology and Research (A*Star), told BT, citing finance services,
      BT Graphics  -  799 words
    • MARKETS DIGEST
      • 57 4 Weekly Change ST INDEX 3,179.71 +41.63 KL COMP 1,785.75 +9.19 NIKKEI 225 14,404.74 +380.43 HANG SENG 23,218.32 +79.78 SET INDEX 1,457.78 +30.06 JAKARTA COMP 4,519.91 +130.56 MANILA COMP 6,489.80 +99.32 SEOUL COMP 2,024.90 +27.92 SHENZHEN B 856.42 +28.78 MUMBAI IND 20,528.59 +612.64 DOW 15,237.11 +164.53 NASDAQ 3,791.87 -15.88 S&P
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      • 17 4 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.411 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
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      • 50 4 FOREX US$ S$ US$ (S$ per US$) 1.248 (US$/S$ per 1.600 1.996 EURO (US$/S$/E) 1.356 1.691 Foreign currency per US$ S$ YEN 98.30 78.80 RM 3.180 2.549 HK$ 7.754 6.216 BAHT 31.31 25.09 RUPIAH 11,368 9,112 RENMINBI 6.118 4.904 INDIAN RUPEE 61.28 49.12 A$ 1.056 0.846 NZ$ 1.200 0.962
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  • Page 2 Advertisements
    • 29 2 'T A vNewly renovated beachfront resort at Desaru Beach, Johor, Malaysia V t ft t 9 I* a ,4 i Kindly call +6 **********8 for more information BRC v.
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    • 477 2 ©2013 Ernst Young LLP. All Rights Reserved. Financial Reporting Update 19 November 2013 We are pleased to present a seminar on the developments in financial reporting, highlighting the changes in Financial Reporting Standards that affect the current year i.e., financial years beginning on or after 1 January 2013, and other
      477 words

  • Page 3 Advertisements
    • 166 3 GAME CHANGERS IN 2010, 234 STUDENTS WHO ATTENDED LESSONS AT THE LEARNING LAB AGED THE PSLE NATIONAL EXAMINATION BY ATTAINING TOP SCORES IN THE 2 8 0 S, 2 70 S AND 2 6 0 S. AMONG THEM WERE THE TOP TWO SCORERS NATIONWIDE. IN 2011, 295 TLL STUDENTS INCLUDING
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  • Page 4 Advertisements
    • 34 4 BT WEBSITES For breaking news, go to businesstimes.com.sg. For personal finance stories, go to btinvest.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. CATS Recruit The first door to your world of opportunities CLA/AUG06/g
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  • Page 5 Advertisements
    • 1518 5 ADVERTORIAL Tuned for performance The engine of an FI car has but the capacity of a medium-sized saloon. No turbocharging or supercharging engine amping techniques used in sports cars is used. But an FI car busts the top speed limit in Singapore effortlessly under two seconds. It's so ferociously fast
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  • COMPANY NEWS
    • 1385 6  -  M&C REIT Management CEO Vincent Yeo on What gives him satisfaction. CEO SPEAKS BY KALPANA RASHIWALA ‘THE joy of giving from the heart. That is what true hospitality is all about,’ says Vincent Yeo, CEO of M&C REIT Management Ltd. The company manages CDL Hospitality
      Source: CDL Hospitality Trusts; PHOTO: ARTHUR LEE  -  1,385 words
    • 335 6 COMPANY MEETING PLACE DATE TIME Oxley Hldgs A Raffles Lounge (Level 2) Raffles Country Club 450 Jalan Ahmad Ibrahim 14-Oct 10.30am Shanghai Asia E Sheraton Towers S'pore Htl 39 Scotts Road Level 3 Turquoise Onyx Room 14-Oct 10.30am Giken Sakata (S) E Blk 4012 Ang Mo Kio Ave
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    • 1020 6 Payment Ex Rec Pay Ann (cts) date date date date ABF S'pore Bond ag 2.300 10-Oct 14-Oct 31-Oct 04-Oct Amtek Engg ak 2.000 01-Nov 05-Nov 20-Nov 26-Aug ASL Marine ak 2.000 25-Oct 29-Oct 08-Nov 29-Aug Aspial Corp ay 1.500 19-Sep 23-Sep 05-Nov 14-Aug British and Malayan Trustees ak
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    • 285 6 Oct 11 BANKS Agricultural Bank Of China Agricultural Bank Of China ...5.50 Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited 5.50 Bank of Communications 5.50 Bank of East Asia ...5.50 Bank of Communications Bank of Tokyo-Mitsubishi Banque Internationale a ...5.50 BNP Paribas ...6.00 Chang Hwa
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    • 1765 11  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd DIRECTOR activity was flat last week. Filings on Singapore Exchange for Oct 7-11 showed 15 companies recording 24 purchases worth $3.7 million and five firms with 24 disposals worth $9.6 million.
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  • Page 7 Advertisements
    • 4308 7 1 1.1 1.2 1.3 1.4 2 2.1 2.2 2.3 2.4 2.5 2.6 3 3.1 3.2 3.3 3.4 3.5 3.6 4 4.1 4.2 4.3 5 (A) 5.1 5.2 5.3 5.4 5.5 (B) 5.6 5.7 5.8 5.9 6 6.1 6.1.1 7 7.1 7.2 7.3 MEDI-FLEX LIMITED TOP GLOVE SDN. BHD. (Incorporated in
      4,308 words

  • Page 8 / 9 Advertisements
    • 761 8 / 9 SINGAPORE PRESS HOLDINGS LIMITED Incorporated in Singapore. Co. Reg. No. *****2868E SPH Reports Full Year Net Profit of $431 Million Group operating revenue of $1,239.5 million for FY 2013 was $33.5 million (2.6%) lower compared to FY 2012. Revenue for the Newspaper and Magazine business fell $40.0 million (3.9%) to
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    • 478 8 / 9 Audited Results for the Year ended August 31, 2013 (Extract) OPERATING PROFIT $1.2B OPERATING REVENUE TOTAL DIVIDEND $369M FINAL PROPOSED 15cents 40cents INTERIM SPECIAL@ PAID 25cents GROUP FINANCIAL HIGHLIGHTS 2013 $’000 2012 $’000 Restated* Operating revenue 1,239,452 1,272,913 (2.6) Earnings per share 0.27 0.36 Operating profit# 369,288 428,822 (13.9) Return
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  • SINGAPORE MARKETS
    • 687 10  -  STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent TO taper or not to taper, to deal or not to deal? Just a few weeks ago it was to attack or not to attack (Syria)? Around the same time, it was Summers versus Yellen. Rarely
      687 words
    • 536 10 CURRENCIES Bloomberg [SINGAPORE] Asian currencies rose for a second week as optimism that US lawmakers will raise the debt limit to avoid a default spurred demand for riskier assets. Indonesia’s rupiah led the advance as the Bloomberg-JPMorgan Asia Dollar Index increased
      Bloomberg  -  536 words
    • 824 10 COMMODITIES AFP [LONDON] Commodity markets saw mixed fortunes last week, but Brent oil hit a one-month peak on hopes of a deal that would resolve the US budget gridlock and avoid a damaging default. Gold prices, in contrast, touched a three-month
      AFP  -  824 words
    • 1499 10 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Capital Ind REIT 2.00 2.00 4 9.85 15.23 1.80 1.50 Amtek Engineering Ltd 3.50 3.50 2 0.05 7.65 0.50 0.48 ARA Asset Management Limited 2.33
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    • 4 10 WEEKLY
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    • 73 10 Oct 11 VALUE CLOSE BT OB/OS -666.00 +28.00 BT CADI -*****.00 +35.00 BT 10-day MA -*****.00 -67.00 FTSE ST Mid Cap 732.48 +1.20 FTSE ST Small Cap 539.21 -0.53 FTSE ST All Share 772.26 +1.95 FTSE ST China Top 204.11 +0.63 FTSE ST China 232.08 +1.51 FTSE
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    • 51 10 VOLUME YHM 1,659,164,000 Albedo 1,308,825,000 ICP 1,139,491,000 Innopac 1,118,078,000 IPCO Intl 972,760,000 HanKore 664,648,000 AsiaPhos 470,064,000 AdvanceSCT 447,359,000 Sunmoon 408,674,000 Blumont 309,452,000 VALUE($) SingTel 228,416,080 Keppel Corp 197,965,172 DBS Grp 193,561,840 GLP 178,677,847 UOB 178,456,185 AsiaPhos 175,138,510 Noble Grp 165,335,870 OCBC Bk 123,534,405 CapitaLand 114,429,460 Yangzijiang 111,215,535
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    • 108 10 BY CENTS CLOSE UP DBXT AUDCS 5SG$ ***** 744.0 3.1 Lyxor ThaiSET 10US$ ***** 410.3 2.5 JMH 5608 271.9 4.0 DBXT MSKorea 10US$ 6278 200.8 2.6 Jardine C&C 3660 198.0 5.7 Lyxor Indonesia10US$ 7925 132.2 1.4 DBXT MSJAP 10US$ 4644 98.5 1.7 DBXT MSINDO 10us$ 1284 93.5 6.2 JSH
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    • 122 10 BY CENTS CLOSE DOWN SPDR DJIA 10US$ ***** -829.3 -4.3 GLD 10US$ ***** -361.6 -2.3 Hyflux 6% CPS 10 ***** -210.0 -1.9 Asiasons 14.6 -89.4 -86.0 LionGold 15.4 -72.1 -82.4 Blumont 17.1 -70.9 -80.6 IS S&P500 ***** -57.4 -0.3 DBXT MSUSA 10US$ 4133 -48.6 -0.9 Lyxor Nasdaq100 10US 1261
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    • 5 10 WEEKLY
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  • Page 11 Advertisements
    • 116 11 Confidence to invest That’s what commercial lenders can achieve when they’re smart about managing risk. And smart lenders can seed innovative new businesses by working with CME Group, the world’s leading derivatives marketplace. Emerging growth companies and financial institutions around the world partner with us to manage virtually every kind
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  • Page 12 Advertisements
    • 2280 12 GOODPACK LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****0547W) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 34th Annual General Meeting of Goodpack Limited will be held at 7 Harrison Road, #06-01 Harrison Industrial Building, Singapore *****0 on Wednesday, 30 October 2013 at 10:00
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    • 2863 12 CIVMEC LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****1837H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at M Hotel Singapore, Shenton Room, Basement 1, 81 Anson Road, Singapore *****8 on Tuesday 29 October 2013
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  • SINGAPORE NEWS
    • Article, Illustration
      386 13 Courage FOLLOWING 14 weeks of intensive training, students from seven special education schools will put up “Courage”, a concert to celebrate their music, dance and visual arts talents. The students have been working with local artistes such as Babes Conde, Aaron Khek and Bloco Singapore under the Diversity
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    • 941 13  -  Founded in 1997, Alphatron has not only diversified its business but also ventured overseas By CHIEN SY JIA, ADELINE TAN YI XUN, QUEK YITING The writers are students ofNUS Business School LAWRENCE Low, the chief executive of Alphatron Asia Pte Ltd, fully lives by the adage that business
      PHOTO: ARTHUR LEE  -  941 words
  • Page 13 Advertisements
    • 111 13 Net Profit US$2,0 billion up by 14.1% on September 2012, 1,952 1,488 1,141 1,710 859 825 Sep Sep Sep Sep Sep Sep 2008 2009 2010 2011 2012 2013 $£QNB Total Assets US$120.0 billion up by 24.5% on September 2012, 120 96 76 53 42 o 40 P Sep Sep Sep
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  • VIEWS FROM THE TOP
    • 3331 14 THIS WEEK’S TOPIC: How has the contribution of local universities to Singapore’s business sector grown over the years? What more can our universities do to boost local business and entrepreneurship? Christophe Duchatellier CEO Adecco Asia THE local universities have grown from strength to strength, providing
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  • Page 15 Advertisements
    • 143 15 t We create cities, not just townships. We have created Malaysia's first Connected Intelligent Community. We have created a master plan which won the coveted FIABCI Prix d'Excellence Award. So what do you want to create? > i 1 m We are DEM Sunrise. With the dynamics of a talented,
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 1916 16  -  A bond’s coupon rate, often dangled as the carrot, should not be the only factor investors look at, saysCAI CAI HAOXIANG haoxiang@sph.com.sg A FRIEND, upset at how his mother was sold a financial product, recently told me this story. His mum was convinced by her
      PHOTO: AFP  -  1,916 words
    • 1152 16  -  Russel Wong of Shok Industries turned his hobby into a niche business with export markets, writes GRACE NG STARTING YOUNG writes GRACE NG RUSSEL Wong drives a truck named Melody, bought for the sole purpose of housing what he says is the biggest
      PHOTO: YEN MENG JIIN  -  1,152 words
  • Page 16 Advertisements
    • 156 16 Get started now Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
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  • Page 17 Advertisements
    • 933 17 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CHINA HONGCHENG HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) (Co. Reg. No: *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHINA HONGCHENG HOLDINGS LIMITED (the “Company”) will be held at Room 501, RELC
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    • 11 17 CATS Recruit The first door to your world of opportunities CLA/AUG06/g
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  • Page 18 Advertisements
    • 3776 18 Donation IcORP LIMITED EQUATION CORP LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****1110N) NOTICE OF ANNUAL GENERAL MEETING NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Seventh Annual General Meeting of Equation Corp Limited will be held at 2 Bukit Merah Central, Level 3,
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    • 2042 18 W WATS NOTICES Singapura Finance Ltd (Incorporated in the Republic of Singapore) Co Registration No. *****0340N w Singapura finance NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT THE FORTY-FOURTH ANNUAL GENERAL MEETING of Singapura Finance Ltd will be held at 391A Orchard Road, Tower A, #26-00, Ngee Ann
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  • MALAYSIA
    • 414 19  -  By in S JAYASANKARAN in Kuala Lumpur THE son of Sarawak Chief Minister Taib Mahmud has assets of over RM1 billion (S$392 million), his estranged wife told the Syariah Court in Kuala Lumpur last Friday. Mahmud Abu Bekir Abdul Taib’s ex-wife, Shahnaz
      414 words
    • 510 19 Bloomberg [WASHINGTON] Malaysia’s central bank governor Zeti Akhtar Aziz said that the economy is on track for 4.5 per cent to 5 per cent expansion this year as exports increase and is poised for higher growth in 2014, while the main
      Bloomberg; PHOTO: BLOOMBERG  -  510 words
    • 620 19  -  Win of 3 politicians aligned to PM Najib a blow to party’s right-wing elements By S JAYASANKARAN in Kuala Lumpur THE power of incumbency prevailed in first-round polling in the United Malays National Organisation (Umno) on Saturday when incumbents Khairy Jamaluddin, 39, and
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  • Page 19 Advertisements
    • 84 19 H i Tomorrow needs care Our continuous commitment in Asia In addition to providing global investment solutions, our Asia platform has developed local expertise and renminbi capabilities. Our commitment has always been rooted in transparency and long-term vision. Relying on these common sense values, we help you to protect, grow
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  • GREATER CHINA/INDIA
    • 811 20 Analysts say diverse concerns lead to unhappy endings for foreign tie-ups there AFP [NEW DELHI] The divorce between US giant Walmart and its Indian partner, the latest in a string of foreign corporate alliances to founder, will have a further “chill effect”
      AFP; PHOTO: BLOOMBERG  -  811 words
    • 728 20 AFP [BEIJING] In the global contest for business, Chinese brands struggle to rival big Western and Japanese names but some are now looking to reinvent their identities to overcome image and political hurdles. The world’s second largest economy does not have any
      AFP  -  728 words
    • 1433 20 VOL Oct 11 RM +/-(‘000) A M Realty 0.92 unch 107 Abric Bhd (‘000) Advance Synerg 0.15 0.01 240 Adventa Bhd 1.04 unch 209 Ae Multi Hldgs 0.23 unch 2336 Affin Holdings 4.30 0.01 61 Ahmad Zaki Res 1.00 0.06 2682 Airasia Bhd Alliance Finan 5.16 -0.01 1115
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  • Page 20 Advertisements
    • 100 20 AsiaOne brings you Stfl SINGAPORE PRESS HOLDINGS ash All your news and lifestyle updates 006 inoneapp SINGAPORE Latest News Malaysia search for loved ones 9 minutes ago w 1 led QANO Step into the world of Viking warriors 14 minutes ago Advertisement YOUNG DETECTIVE DEE AHERO\| In cinemal SHOWBIZ Myanm
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  • WORLD
    • 522 21 Alonso finishes fourth to keep alive his weak title hope Bloomberg [TOKYO] Sebastian Vettel yesterday won the Japanese Grand Prix to secure his fifth-straight victory and move to within 10 points of clinching a fourth Formula One world championship in a row.
      Bloomberg; PHOTO: REUTERS  -  522 words
    • 545 21  -  IMF sees region growing 5% this year, more the next but there are risks By ANTHONY ROWLEY in Washington THIS year’s IMF and World Bank annual meetings closed at the weekend in a Washington that was partly shut down by the US Congressional
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    • 1079 22 / 23 Regulatory woes at bank are proving to be a boon for top lawyers in the US NYT [NEW YORK] The calls started flooding into JPMorgan Chase last month. As settlement talks with the federal government over the bank’s mortgage business heated up,
      NYT; PHOTO: BLOOMBERG  -  1,079 words
    • 424 22 / 23 More investment to go to countries deemed ‘fragile’ Bloomberg [WASHNGTON] The World Bank’s 188 member countries have endorsed a strategy that its president, Jim Yong Kim, says should enable the lender to better respond to clients’ needs and reduce poverty while cutting costs. “For
      Bloomberg  -  424 words
    • 606 22 / 23 But cross-border issues still need to be resolved, say US and UK officials Bloomberg [WASHINGTON] Even one of the largest global banks could be taken apart safely by US government authorities if it were to fail today, according to banking regulators from the
      Bloomberg; PHOTO: BLOOMBERG  -  606 words
    • 283 22 / 23 Reuters [DUBLIN] Ireland will become the first euro zone country to exit an international bailout in mid-De-cember and may do so without a financing backstop from its European partners, the ruling party announced at a triumphant rally. Prime Minister Enda Kenny
      Reuters  -  283 words
    • 568 22 / 23 Monetary policy stance to remain accommodative for as long as necessary, says bank WP [FRANKFURT] The European Central Bank’s (ECB) next monetary-policy move will be a non-standard one, economists say. While almost three in four of them predict president Mario Draghi will unveil
      WP  -  568 words
    • 105 24 Reuters [ZURICH] Credit Suisse has found no evidence of foreign exchange market manipulation and that such a liquid market would be difficult to rig, its chairman said in an interview published yesterday. Switzerland’s financial markets regulator said this month that it was conducting
      Reuters  -  105 words
    • 348 24 ECB health checks next year expected to uncover huge potential bank losses Reu ters [LUXEMBOURG] Eurozone countries will consider today how to pay for the repair of their broken banks after health checks next year that are expected to uncover problems
      Reuters  -  348 words
    • 304 24 Earlier agreement was for the same volume over 5 years Reuters [BANGKOK] Thai Prime Minister Yingluck Shinawatra yesterday said China would support plans by domestic companies to buy a million tonnes of rice a year from Thailand for an
      Reuters  -  304 words
    • 590 25 UK court to look at claims involving Barclays, Deutsche Bank contracts Reu ters [LONDON]A British court will this week consider whether attempted manipulation of the benchmark interest rate Libor can invalidate loans and other deals or show that banks mis-sold products that were based
      Reuters  -  590 words
    • 334 25 Tokyo eyes private sector to manage part of assets Reu ters [TOKYO] Japan is looking to allow private sector funds and trust banks to manage a part of its US$1.27 trillion pool of foreign exchange reserves in a drive to manage them better, a government source
      Reuters  -  334 words
    • 312 25 Reuters [CANBERRA] Australia’s Labor Party on Sunday elected Bill Shorten to lead it in opposition, help it rebuild support and end bitter divisions after suffering its worst election defeat in a century. Mr Shorten will be the party’s third leader in four months and
      Reuters; PHOTO: AFP  -  312 words
    • 730 26 Investors might shift away from stock towards bonds as shutdown continues Reuters [LONDON] Economic uncertainty from the US budget impasse and the government shutdown is introducing a new policy risk to investors: instead of tapering, could the Federal Reserve actually boost monetary stimulus?
      Reuters; PHOTO: AFP  -  730 words
  • Page 21 Advertisements
    • 2686 21 V KAE3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices N H /W I Health Management International HEALTH MANAGEMENT INTERNATIONAL LTD (Company Registration No *****5241E) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifteenth Annual General Meeting of HEALTH MANAGEMENT INTERNATIONAL LTD
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  • Page 22 / 23 Advertisements
    • 75 22 / 23 Credit Suisse i < y I V -X V K wdi I Credit Suisse introduced NEC to Lenovo. Sparks flew. Credit Suisse’s ten year relationship with NEC developed from advice on corporate strategy to financing and portfolio management, culminating in the milestone merger with Lenovo. Already No.1 in their respective
      75 words

  • Page 24 Advertisements
    • 1601 24 beats notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices land DIGILAND INTERNATIONAL LIMITED (Company Registration No. *****0571K) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twentieth Annual General Meeting of DIGILAND INTERNATIONAL LIMITED (“the Company”) will be held at Temasek Club, 1
      1,601 words
    • 1957 24 fdl HUPSTEEL LIMITED Company Registration No. *****1452D (Incorporated In The Republic of Singapore) HUPSteel NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of HUPSTEEL LIMITED (“the Company") will be held at 116 Neythal Road Singapore *****3 on Tuesday, 29 October 2013 at 2.30 p.m.
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  • Page 25 Advertisements
    • 79 25 S' m 1 I r r' I 'V Y POLITICAL DYNAMO jjj W 'm 2 VI L® 5 \4 V Bilingual in English and Chinese ViSAS flLIFEIMPlCTUeEL Follow Lee Kuan Yew through the hustings over the years in this new pictorial book with 480 photographs, including over 100 published for
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  • Page 26 Advertisements
    • 2783 26 AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices F r u i t a n d J u i c e L i m i t e d ZHONGXIN FRUIT AND JUICE LIMITED (Incorporated in the Republic of Singapore on 27 September 2002) (Company Registration Number: *****8395H) NOTICE OF ANNUAL
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  • Page 27 Advertisements
    • 1867 27 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SWEE HONG LIMITED bW.Q-)+-)g’OP K. ’LO 8O+&fHKQ -N 7K.Mg+-)Oa b!-0+g.c 8OMK(’)g’K-. R-^ E<=\\E=@D8a NOTICE OF ANNUAL GENERAL MEETING R:6W![ W7 X[8["j YW4[R ’Lg’ ’LO #..&gH YO.O)gH SOO’K.M -N ’LO !-0+g.c eKHH fO LOHP g’ 3g))O. Y-HN g.P !-&.’)c !H&f !-.NO)O.QO 8--0 E
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    • 2433 27 YAMADA GREEN RESOURCES LIMITED (Company Registration No. *****2962E) (Incorporated in Singapore) (the “Company”) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Yamada Green Resources Limited (the “Company”) will be held at Conference Room, 6 Battery Road #10-01 Singapore *****9, on Wednesday, 30 October
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  • Page 28 Advertisements
    • 1673 28 katc notices i Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Amtek 0 Re-engineering Success AMTEK ENGINEERING LTD Company Registration No. *****3886K (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Amtek Engineering Ltd (the "Company") will be held at
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    • 135 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CDC VERACRUZ PTE. LTD. (Co. Reg. No.: *****9234D) (In Member’s Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a final meeting of the members of the above
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    • 0 28 _*}!^](&(~+!$^.<`&||:,\:}=<;[@\
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    • 199 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF VINOMAX TRADING PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****8260C NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50, that a Final Meeting of the Members of the abovenamed
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    • 1827 28 HanKore EnvironmentTech Group Limited b!-0+g.c 7OMK(’)g’K-. R-^: A@\=@a bW.Q-)+-)g’OP K. "O)0&Pga NOTICE OF ANNUAL GENERAL MEETING R95W![ W6 X[7["h YW4[R 5X#5 ’LO #..&gH YO.O)gH SOO’K.M -N Xg.U-)O [.%K)-.0O.’ 5OQL Y)-&+ TK0K’OP eKHH fO LOHP g’ 9QOg. DC_DA‘ TO%OH C‘ 8g. 8gQKNKQ X-’OH‘ 7gNNHO( "-&HO%g)P‘ Sg)K.g 6*&g)O‘ 6K.Mg+-)O \A;?;? 5&O(Pgc‘ C;
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  • SITF AWARDS 2013
    • 1056 29 A key role of the annual SiTF Awards is to encourage and acknowledge local ICM creativity and innovation, reports Vincent wee reports SINGAPORE’S position as an information and communications technology (ICT) hub is well known. However, there is a need to keep growing
      PHOTO: AFP  -  1,056 words
    • 1347 29  -  By VINCENT WEE THE crop of finalists and winners at the SiTF Awards this year comes from a range of fields with various interesting innovations. All have taken part for the opportunity to showcase their products and, while the winners will have greater airtime, others
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    • 1516 32  -  The sponsors of the SiTF Awards regard them as a platform to identify innovation within Singapore's ICT sector, reports EDIGEEHEE3 THE SiTF Awards are seen by key sponsors such as ST Electronics, StarHub, Keppel T&T and BT Global Services as a good platform to recognise
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  • Page 30 Advertisements
    • 133 30 SiTF > Congratulations to all >C awards 2013 winners of SITF Awards 2013 Awarding the finest in Id innovations Overall Champion (Judges'Choice): Nanoveu Pte Ltd, EyeFlyBD Strategic Sponsor StarHub Platinum Sponsor Silver Sponsors: Bronze Sponsors: Award Judging Venue Sponsor: NGEE ANN-ADELAIDE EDUCATION CENTRE MS V" 151 THI UNIVERSITY *2* 13/
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  • Page 31 Advertisements
    • 357 31 9 Congratulations to All the Winners of 11 Categories. Night PvSi <D 600 cm (Information, CommunicatioreW Media) Industiy people attended SiTF Awards Ceremony and ICTIndustryGala Dinner. y L *X Fairmont Exaf^MMegtin Ms Yasminne Cheng, MediaCorp Class 95FM DJ (Centre) with Amy Heng (right) and Gladys Wee (left) from 35ThirtyFive II
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  • Page 32 Advertisements
    • 237 32 Poket POKE! A new way to send receive your cards vouchers in one mobile app STF AWARDS 2013 Awarding the finest in ICT innovations VIP Joins As Member Issue Voucher Redeem Voucher Member Transaction Top-Up Spin Wheel 20% iced FREE tea m pek sandwich prc D n? POINT m CAKD
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  • AVIATION/SHIPPING
    • 921 33 Japan Airlines’ Airbus deal could prompt Boeing to relook outsourcing Reuters [NEW YORK] Boeing’s loss of a major Japanese airplane order to rival Airbus last week may produce a surprise US benefit bringing aerospace work home to US companies. Over
      Reuters  -  921 words
    • 291 33 Bloomberg [LONDON] The cost of shipping iron ore, coal and grains along China’s coast rose to an 18-month high as surging imports of the commodities boost demand for vessels to redistribute them between the nation’s ports. The China Coastal Bulk Freight Index measuring the
      Bloomberg  -  291 words
    • 2400 38 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
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  • Page 33 Advertisements
    • 1295 33 EU YAN SANG INTERNATIONAL LTD Company Registration No. *****2179H (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Eu Yan Sang International Ltd (“the Company”) will be held at Eu Yan Sang Centre, 21 Tai Seng Drive, Level
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  • Page 33 Miscellaneous
    • 328 33 CRYPTIC CROSSWORD Across 1 Greek character taking no notice of a fish shop (6) 4 Block in old boy’s vehicle briefly, at end of street (8) 10 Left group, one featured in commercial (9) 11 I deliver cards for model (5) 12 Popped into a church in ancient city (7)
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  • DINING OUT
    • 832 34  -  Moosehead’s bohemian groove and Chef Manuel Valero Ruiz’s earthy cooking earn it a cult following, writes JAIME EE JAIME EE jaime@sph.com.sg NEW RESTAURANT Moosehead Kitchen Bar 110 Telok Ayer Street Tel: 6636-8055 Open for lunch and dinner Mon to Sat: 12pm to 2.30pm; 6pm to
      PHOTOS: YEN MENG JIIN  -  832 words
  • Page 34 Advertisements
    • 505 34 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
      505 words
    • 46 34 BT Wine, Dine Hospitality Pages save more than t Jc< co\ fuU' c v For advertisement bookings and sales enquiries, please contact: Lawrence Chang 9229 4919 Rachel Khoo 9298 9465 Ellen Lee 9368 3533 Alisa Tan 9154 8381 Francis Yeo *****356 Vanessa Fong 9625 7384 S01
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  • SINGAPORE STOCKS
    • 3315 35 Week ended: Oct 11 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Week Last Quote Div GrYld 188 106 AIMSAMPIReit --AAT High Low Company Sale 75 57 ASL Marine...................................67.5cd +0.5 622
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    • 326 36 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last 2.4 1.3 t Advanced System 1.5 unch ***** 1.5 1.4 1.4 1.5 23.8 Week Last Quote Div Gr Yld Net M Cap High
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    • 119 36 Stock name Close Change CapMallsAsia 1.970 +0.005 CapitaLand 3.160 +0.030 CapitaMall 1.965 +0.010 CityDev 10.430 +0.250 ComfortDelGro 1.910 -0.005 DBS Grp 16.470 +0.100 GLP 2.950 +0.060 Genting SP 1.465 Golden Agri 0.525 -0.005 HK Land 6.440 +0.070 Stock name Close Change HPH Trust US$ 0.785 +0.010
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    • 1964 36 Transaction date: Oct 11 HONG KONG Vol HK$ +/-'000 Aeon Credit 6.80 unch 56 Aeon Stores '000 Angang Steel 4.79 -0.09 ***** Anhui Conch unch Anhuiexpresswa 4.31 unch 895 Asia Satellite 28.50 unch 64 Asm Pacific unch Avic Ihl Baiyunshan Ph Bank Of China 3.62 0.03 *****0 Bank
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    • 264 36 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 61 27 AVJennings A57 +1 31 57 55 57 58.5 3.6 6.1 4.6 211 52 31 Genting HK US$ US42.5 -1.5 ***** 44 41.5 42 42.5 2798.4
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    • 186 36 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 9 1 0 0 0 6 9 1 Manufacturing 64 95 33 10 17 11 74 112 44 Commerce 26 37 15 7 12 0 33 49 15 Tpt/Stor/Comms 21 16 7
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    • 1003 36 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 114.5xd +1.9 86 116 114.5 113 114 522.7 143 125 CIMB APAC Div 100S$D 130.8 +1.4 1 130.8 130.8 130.3
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    • 123 36 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 139,430 139,430 303,955 303,955 Manufacturing 1,890,390 1,683,695 3,574,085 597,744 30,182 627,926 Commerce 1,174,901 1,932,863 3,107,764 441,789 106,918 548,707 Tpt/Stor/Comms 459,550 119,378 578,928 539,177 50,899 590,076 Finance 1,198,513 4,400 1,202,913 636,314 1,756 638,070 Construction 1,293,448 1,695,583
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  • Page 36 Advertisements
    • 26 36 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
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  • FINANCE & COMMODITIES
    • 597 37 Oct 11 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.89 *****.87 *****.30 Dec13 *****.00 *****.00 *****.00 *****.00 *****4 *****1 Mar14 *****.00 *****.00 *****.00 *****.00 0 307 MSCI TAIWAN INDEX FUTURES SPOT 294.84 297.88 294.84 Oct13 297.90 298.00 295.10 295.50 5296 *****5 Nov13 296.80
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    • 373 37 In local curr In S$ In US$ dy yr dy yr dy yr Oct 11 Index Change Change Change Change Change Change World Preliminary 1106.3 0.6 17.9 0.4 18.6 0.6 16.2 EAFE Preliminary 909.6 0.9 17.4 0.8 16.3 0.9 14.0 Europe Preliminary 1296.0 0.6 13.0
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    • 471 37 Oct 11 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.984 5.796 0.699 7.345 58.043 107.679 0.931 10.148 3.012 1.137 100.536 40.864 1.182 9.381 0.861 27.921 29.654 0.592 0.947 Canada 1.016 5.888
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    • 50 37 Oct 11 (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$) 1 mth 1 mth 2 mths 2 mths 9 mths 6 mths 12 mths 9 mths Source: Thomson Reuters
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    • 84 37 Oct 11 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 04-Apr-14 0.28 1-Year BY*****H 02-May-14 0.29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.8 5-Year N*****0T 0.5 01-Apr-18 98.24 98.36 98.36 10-Year NX*****H
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    • 135 37 Oct 11 GOLD(US$/oz) Oct 10 Oct 11 Hong Kong 1310.00 1295.00 Oct 11 Oct 10 London 1267.89 1300.18 1268.68 1300.98 Source: Thomson Reuters CAST BAR Oct 11 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 116 52 5gm 330 258 10gm 589 516
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    • 57 37 Oct 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 13 2390.0 2380.0 2390.0 2380.0 164 1809 Nov 13 2387.0 2379.0 2391.0 2372.0 1171 ***** Dec 13 2395.0 2380.0 2395.0 2373.0 ***** ***** Jan 14 2394.0 2384.0
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    • 155 37 Oct 11 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1809 1.1825 0.9470 0.9475 Canadian dollar 1.1997 1.2012 0.9625 0.9621 Euro 1.6907 1.6923 1.3558 1.3560 NZ dollar 1.0389 1.0401 0.8331 0.8334 Sterling pound 1.9946 1.9966 1.5995 1.5998
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    • 109 37 Oct 11 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 13 1266.75 1288.00 1288.00 1266.00 Jan 14 1266.25 1285.50 1286.50 1265.50 Mar 14 1254.00 1272.50 1274.50 1253.25 May 14 1239.50 1255.00 1257.25 1238.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 13
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    • 95 37 Oct 11 COCOA (£/tonne) Close Prev High Low Dec 13 1779 1767 1781 1762 Mar 14 1762 1751 1764 1747 May 14 1754 1742 1754 1739 Jul 14 1742 1730 1742 1726 COFFEE(US$/tonne) Close Prev High Low Nov 13 1733 1736 1741 1710 Jan 14 1716 1723 1726 1695
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    • 1237 37 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 22 -1.5 1418 0.0 5 -82 57 Asia-Pacific Strategic W*****6 Ratio Exer Albedo Limited W*****9 Prem Allied Technologies W*****1 0.3 0.1 3130 1 4 1 Ascendas Reit MB
      1,237 words
    • 70 37 CRUDE OIL PRODUCTS Oct 10 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 110.72 2.60 WTI (Near Mth) 102.92 1.63 Dubai (1-Mth F) 105.32 -0.40 Tapis blend 117.86 -0.41 Minas 108.86 -0.41 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 99.94 1.00 Jet Kerosene 123.79 0.03 US$/barrel OpecOil Basket
      70 words
    • 22 37 Oct 11 S$ Bid Offer 1-month 1.2470 1.2480 2-months 1.2469 1.2479 3-months 1.2469 1.2479 6-months 1.2465 1.2476 Source: OCBC
      22 words
    • 66 37 Oct-11 Oct-11 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1836.00 1836.25 3 months 1881.50 1881.00 Copper, Grade A(US$/tonne) Cash 7177.25 7122.50 3 months 7200.00 7145.00 Lead(US$/tonne) Cash 2080.50 2050.60 3 months 2102.00 2075.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • 121 37 As at 9am Oct 11 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.208 1.151 Can dollar 1.222 1.175 Euro 1.728 1.646 Sterling pound 2.032 1.954 NZ dollar 1.058 1.018 US dollar 1.274 1.214 Local dollars to 100 units of foreign
      121 words
    • 157 37 Oct 11 $S Offer Bid 0vernight 0.12 0.08 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.13 US$ 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
      157 words

  • Page 38 Advertisements
    • 43 38 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES Shipping Times
      43 words
    • 18 38 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
      18 words

  • Page 39 Advertisements
    • 178 39 mporters coking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times FREIGHT FORWARDER urgently needed by shippers Can they find your
      178 words

  • Page 40 Advertisements
    • 1550 40 l£9 aSATS NOTICES LATITUDE TREE INTERNATIONAL GROUP LTD. Company Registration No. *****8683N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Latitude Tree International Group Ltd. (“the Company”) (the “Meeting”) will be held at Mercury Room, Raffles City
      1,550 words


  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • 958 42  -  Smarter enterprises need IT based on Big Data analytics and cloud, says CEO. By AMIT ROY CHOUDHURY ByAMIT AMIT ROY CHOUDHURY amit@sph.com.sg DURING its high-profile Interconnect 2013 event last week, IBM made a strong pitch for a hybrid cloud model, saying that businesses
      958 words
    • 172 40 AFP [WASHINGTON] Yahoo said on Saturday that it acquired tech company Bread, a URL shortner that allows users to design then target advertisements to readers who click on their links. “Through this acquisition, we’re gaining a team of six engineers and product managers who will join
      AFP  -  172 words
    • 691 40  -  Companies need to work on security and simplifying IT, writes KEVIN KWANG BYOD bring-your-own-device is an ongoing trend sweeping through enterprises as employees opt to bring their mobile computing devices to work. However, companies will need to evolve their mobility strategies to a “choose-your-own-de-vice”
      PHOTO: STOCK.XCHNG  -  691 words
    • 877 40  -  Web-aware apps will swamp the consumer market By VICTORIA HO BY 2020, expect to have a home full of Web-aware appliances and you’ll be wearing a couple of them at all times as well, say Gartner analysts. In less than 10 years, we will
      877 words
    • 939 41  -  At a distant 3rd, the ERP Vendor is in good stead to move closer to the top two, reports VICTORIA HO SAY ERP (enterprise resource planning) vendors and some names crop up: Oracle, SAP and maybe Infor. As the world’s No
      939 words
    • 1017 41  -  It cautions against treating security of products, applications as an afterthought By ADELINE TAN A SIGNIFICANT number of IT products and applications do not have adequate security, and this includes highassurance systems such as payment systems and electronic voting machines, warned
      1,017 words
    • 920 41  -  <yousay> By JEFF HURMUSES The author is Apac VP for Barracuda Networks YOU would probably never mention the Pope, Justin Bieber and Coca-Cola in the same breath, but they do have one thing in common they all Tweet. If you are someone who is
      920 words
  • Page 42 Advertisements
    • 82 42 Deutsche Bank db.com Global strength and expertise. At the centre of Asia's markets. 1 mm. m 2^ •5? T" 2* Br ■/>?#- 3H m m «fc as v«SECS 3 ST S m << or WP?*amnvge r f > bShIbiIS S as a matter of record only. This advertisement has been
      82 words