The Business Times, 21 October 2013
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2013-10-21
1
28
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section25 2013-10-21 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Monday, October 21, 201325 words
-
660 2013-10-21 1 CHUANG PECK MING - But bonuses likely to rise a bit next year in view of a still-tight labour market, higher inflation: survey By CHUANG PECK MING peckming@sph.com.sg [SINGAPORE] Pay hikes in Singapore and many parts of the Asia-Pacific region are tipped to hold steady for another660 words
-
Article, Illustration1019 2013-10-21 1 ANDREA SOH - Huge opportunities in packaged foods business, says Olam global head By ANDREA SOH sandrea@sph.com.sg [SINGAPORE] Lollipops. Instant noodles. Tomato paste. All consumer products that one would not normally associate with Olam International. But the agri-commodi-ties trader, like many of its peers such as1,019 words
-
MARKETS DIGEST
-
Article57 2013-10-21 1 Weekly Change ST INDEX 3,192.90 +13.19 KL COMP 1,799.59 +13.84 NIKKEI 225 14,561.54 +156.80 HANG SENG 23,340.10 +121.78 SET INDEX 1,484.72 +26.94 JAKARTA COMP 4,546.57 +26.66 MANILA COMP 6,607.83 +118.03 SEOUL COMP 2,052.40 +27.50 SHENZHEN B 855.66 -0.76 MUMBAI IND 20,882.89 +354.30 DOW 15,399.65 +162.54 NASDAQ 3,914.28 +122.41 S&P57 words
-
Article21 2013-10-21 1 SINGAPORE MALAYSIA MALAYSIA HONG KONG HONG KONG 5.00 INDONESIA 14.627 TAIWAN 5.036 JAPAN CANADA KOREA 9.33 BRITAIN Source: Bloomberg21 words
-
Article49 2013-10-21 1 US$ S$ US$ (S$ per US$) 1.238 (US$/S$ per 1.618 2.003 EURO (US$/S$/E) 1.368 1.694 Foreign currency per US$ S$ YEN 97.90 79.10 RM 3.155 2.548 HK$ 7.754 6.263 BAHT 31.04 25.07 RUPIAH 11,323 9,145 RENMINBI 6.096 4.924 INDIAN RUPEE 61.42 49.61 A$ 1.038 0.838 NZ$ 1.180 0.95349 words
-
-
Page 1 Advertisements
-
Advertisement95 2013-10-21 1 BizIT McLaren applies skills outside F1 track PAGE 27 CEO SPEAKS Civmec boss thrives on innovation, keeps moving PAGE 5 DINING OUT Arossa tries too hard to please PAGE 21 VIEWS FROM THE TOP Looking forward to next year PAGES 10-11 V 00 s CM S 1 1 0 N95 words
-
Advertisement26 2013-10-21 1 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. *****1 11 *****426 words
-
-
TOP STORIES
-
Article482 2013-10-21 2 Pay hikes in region seen holding steady PAY hikes in Singapore and many parts of the Asia-Pacific region are tipped to hold steady for another year. But bonuses are likely to rise a bit. FRONT PAGE Olam takes bigger bite of food business COMMODITIES trader Olam International, like482 words
-
Article, Illustration701 2013-10-21 2 DYLAN TAN - Pilot programme by WDA, NEA aims to preserve local street food culture Reports by DYLAN TAN dylantan@sph.com.sg [SINGAPORE] Foodies can expect to look forward to a fresh generation of hawkers once a new Hawker Master Trainer (HMT) pilot programme jointly organised by theFILE PHOTO - 701 words
-
Article, Illustration352 2013-10-21 2 It will also feature rising stars, dessert stalls, 24-hr outlets [SINGAPORE] The CEOs’ Hawker Guide is back for a second serving. Published by The Business Times and Knight Frank Pte Ltd, the book is the second in the series after the inaugural edition in 2010.PHOTO: YEN MENG JIIN - 352 words
-
Article, Illustration890 2013-10-21 4 ROB CURRAN - Analysts see bright spots in sectors from tech to heavy industry to banks WALL STREET INSIGHT By ROB CURRAN FOR US stocks, 2013 could see one of the biggest annual percentage gains in history if growth in spending, jobs and corporatePHOTO: AP - 890 words
-
Article, Illustration610 2013-10-21 4 JEFFREY HUTTON - B)’ JEFFREY HUTTON in Jakarta DEMAND for apartments and office space in Indonesia’s capital is expected to come off the boil ever so slightly in the coming months as would-be buyers take a “wait-and-see” approach amid tougher lending requirements, the precipitous fallPHOTO: REUTERS - 610 words
-
1156 2013-10-21 4 NISHA RAMCHANDANI - Manufacturing output more than doubles in a decade By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] From next year, a trip to your optician could end up saving your eyesight. That is, if local start-up Algo Access has anything to say about it. In December last year,1,156 words
-
523 2013-10-21 4 MALMINDERJIT SINGH - By MALMINDERJIT SINGH msingh@sph.com.sg [SINGAPORE] Singapore biomanufacturing and life sciences companies may soon be heading for a new bio-park in Iskandar Malaysia as part of a collaboration between industry groups on both sides of the Causeway. BioSingapore is partnering Malaysian Bio-XCell Sdn Bhd523 words
-
-
Page 2 Advertisements
-
Advertisement271 2013-10-21 2 I challenge my ambitions to succeed. Il*s my choice. Success means the world to us, but it does not come about overnight. It is the culmination of sound decisions and equally offbeat ones. In partnership with prestigious universities that have produced many successful graduates, it’s an education you can trust.271 words
-
Advertisement40 2013-10-21 2 L ~mT. i u 1 > Iv Q1 FIND THE ONES THAT FIT! Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruit@sph.com.sg to advertise. rU V 7 r ri 7 r *7 v-L/'-'n i L 740 words
-
-
Page 3 Advertisements
-
Advertisement112 2013-10-21 3 Exact and Exultant MESURE ET DEMESURE' 24 0 a m b i f J V- V XT-.J3.-0 TONDA HEMISPHERES Rose gold Automatic movement Dual time zone indication Hermes alligator strap Made in Switzerland www.parmigiani.ch PARMIGIANI FLEURIER THE HOURGLASS Singapore Studio Parmigiani Marina Bay Sands, tel. 65-6688 7525 I Takashimaya S.C.,112 words
-
-
Page 4 Advertisements
-
Advertisement96 2013-10-21 4 ALMATY Beijing Seoul Hong Kong Bangkok\ V M Ho Chi Minh Kuala Lumpur Beijing Almaty 5 times a week Kuala Lumpur Almaty 3 times a week Bangkok Almaty 7 times a week Seoul Almaty 2 times a week Ho Chi Minh Almaty 2 times a week Hong Kong Almaty jJs96 words
-
-
COMPANY NEWS
-
Article, Illustration1052 2013-10-21 5 CAI HAOXIANG - Aussie construction and engineering company is going from strength to strength, reports CEO SPEAKS CAI HAOXIANG haoxiang@sph.com.sg INVESTORS might perceive Australia’s commodities boom to be over. Chinese demand has slowed and resources giants are scaling back on investment. But James Fitzgerald has just1,052 words
-
370 2013-10-21 5 JASMINE NG - By JASMINE NG jasng@sph.com.sg TRADERS are expecting a penny stock rally when the curtain goes up today, with Asiasons Capital and LionGold Corp leading the run. The two counters, along with Blumont Group, will have their trading restrictions lifted by the Singapore370 words
-
Article288 2013-10-21 5 Oct 18 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd ANZ Singapore Bank of China Limited 5.50 Bank of Communications 5.50 Bank of East Asia Bank of China Limited ...5.50 Bank of Communications Bank of Tokyo-Mitsubishi Banque Internationale a ...5.50288 words
-
Article1106 2013-10-21 5 Payment Ex Rec Pay Ann (cts) date date date date Freight Links Exp bt 0.500 03-Sep 05-Sep 22-Oct 07-Aug Select Grp aw 0.500 03-Oct 07-Oct 22-Oct 23-Aug Tee Land an 1.000 02-Oct 04-Oct 25-Oct 27-Sep UMS Hldgs bm11.000 08-Oct 10-Oct 29-Oct 07-Aug ABF S'pore Bond ag 2.300 10-Oct1,106 words
-
Article, Illustration1320 2013-10-21 6 DAVID GERALD - Boards must go beyond mere b0X—ticking and bring about a cultural change that emphasises shareholder rights, says DAVID GERALD The writer is president and CEO of the Securities Investors Association (Singapore) CORPORATE governance failures can be disastrous. The inglorious Enron and MCI (formerly WorldCom) scandalsPHOTO: REUTERS - 1,320 words
-
Article, Illustration311 2013-10-21 6 CAI HAOXIANG - By CAI HAOXIANG haoxiang@sph.com.sg FORMER Second Minister for Finance and Transport Lim Hwee Hua has been appointed the third honorary chairman of the Securities Investors Association (Singapore), or SIAS. She was appointed to her post for a three-year term with effect from311 words
-
Article420 2013-10-21 6 COMPANY MEETING PLACE DATE TIME Armstrong Ind E InterContinental Singapore Ballroom 1 Lvl 2 80 Middle Rd 21-Oct 10.00am Comm Design A Chevrons 48 Boon Lay Way 21-Oct 10.00am Hartawan Hldgs E Hotel Re! Pearl's Hill Re!Joice 175A Chin Swee Road 21-Oct 10.00am KTL Global Ltd A 71420 words
-
Article, Illustration625 2013-10-21 6 MALMINDERJIT SINGH - BY MALMINDERJIT SINGH msingh@sph.com.sg OVERSUPPLY is growing in the offshore marine sector as more traditional shipbuilders shift their focus towards building offshore support vessels (OSVs) to overcome the poor demand in their own market. One industry player feels that this trend, particularly625 words
-
Article1676 2013-10-21 7 ROBERT HALILI - INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Limited THE buying surged while the selling among directors remained high based on filings on Singapore Exchange (SGX) during the holiday-shortened week of Oct 14-18. A total of 11 companies recorded 27 purchases worth1,676 words
-
-
Page 5 Advertisements
-
Advertisement17 2013-10-21 5 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements WATS3 NOTICES17 words
-
Advertisement11 2013-10-21 5 CATS Recruit The first door to your world of opportunities CLA/AUG06/g11 words
-
-
Page 7 Advertisements
-
Advertisement116 2013-10-21 7 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 kind116 words
-
-
SINGAPORE MARKETS
-
Article, Illustration668 2013-10-21 8 R SIVANITHY - STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent WILLIAM McChesney Martin, the long-est-serving chairman of the US Federal Reserve, famously said in a speech to investment bankers in 1955: “If we fail to apply the brakes sufficiently and in time, of course, we shall go over the668 words
-
587 2013-10-21 8 COM MO DITIES AFP [LONDON] Commodities were buoyed last week by news of a breakthrough US budget deal to avert default, but some prices fell as traders questioned whether problems would soon resurface. Sugar was meanwhile the star performer, striking a one-yearAFP - 587 words
-
Article1501 2013-10-21 8 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 1.77 1.50 Amtek Engineering Ltd 3.50 3.50 2 0.05 7.89 0.50 0.48 ARA Asset Management Ltd 2.331,501 words
-
Article73 2013-10-21 8 Oct 18 VALUE CLOSE BT OB/OS -429.00 +75.00 BT CADI -*****.00 +2.00 BT 10-day MA -*****.00 -43.00 FTSE ST Mid Cap 736.61 +3.34 FTSE ST Small Cap 537.16 +1.04 FTSE ST All Share 775.19 +1.86 FTSE ST China Top 205.81 +1.09 FTSE ST China 234.06 +1.42 FTSE73 words
-
Article50 2013-10-21 8 VOLUME SingHaiyi 1,036,510,000 Innopac 723,346,000 YHM 649,554,000 Albedo 396,693,000 Sunmoon 307,525,000 HanKore 266,130,000 AdvanceSCT 210,364,000 IPCO Intl 189,111,000 AsiaPhos 134,837,000 ChasenHldg 127,950,000 VALUE($) SingTel 314,103,058 OCBC Bk 209,149,981 DBS Grp 165,266,967 Keppel Corp 120,453,840 UOB 113,363,315 CapitaLand 113,010,746 GLP 100,531,375 Ascendasreit 91,005,495 CapitaMall 86,613,501 SPH 71,024,991 Clob50 words
-
554 2013-10-21 8 CURRENCIES Bloomberg [NEW YORK] The dollar slid to the weakest since February as appetite for higher-yielding assets rose on bets that the US Federal Reserve will delay tapering stimulus after a last-minute deal pushed the political battle overBloomberg - 554 words
-
Article114 2013-10-21 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 596.5 5.0 SPDR DJIA 10US$ ***** 540.8 2.9 SPDRS S&P 500 10US$ ***** 502.5 2.4 IS S&P500 ***** 497.5 2.4 Lyxor Indonesia10US$ 8314 481.4 4.9 GLD 10US$ ***** 363.9 2.4 DBXT MSKorea 10US$ 6440 200.5 2.6 DBXT MSEurope 10US$ 5725 181.9114 words
-
Article124 2013-10-21 8 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 2784 -91.6 -2.6 JMH 5562 -56.9 -0.8 JSH 3413 -45.8 -1.1 DBXT MSJAP 10US$ 4618 -32.2 -0.6 ChasenHldg 18.5 -24.5 -57.0 DBXT CSI300 10US$ 743 -21.0 -2.2 STXPO 100 210 -20.0 -8.7 ShangriLa Asia 1150 -17.6 -8.7 DBXT MSPAKIS 10US$ 150.2124 words
-
-
SINGAPORE NEWS
-
Article, Illustration995 2013-10-21 9 CYNTHIA LIM YIAN SHAN, LAM HO YIN, SIM GUO HWEE - Jumbo believes that its recipe for success is delivering the food, service, value and location in a winning combo BY CYNTHIA LIM YIAN SHAN, LAM HO YIN SIM GUO HWEE The writers are students of NUS Business School Founded in 1987 with just aPHOTO: CHEW SENG KIM/THE STRAITS TIMES - 995 words
-
Article, Illustration371 2013-10-21 9 MINDY TAN - By MINDY TAN tanmindy@sph. com. sg Life Renewed Mount Elizabeth Novena Hospital FOUR elderly people are well on their way to full mobility again following free total knee-replacement surgery, part of the Life Renewed Mount Elizabeth Novena Hospital programme. Started in September, the programme is aimed at the371 words
-
-
Page 9 Advertisements
-
Advertisement451 2013-10-21 9 OCBC Securities Sharelnvestor Presents The Intelli V Investing in today’s market can be challenging but it is not impossible to beat the market. jfe3BH!W The Intelligent Investor takes a look at the investment strategies adopted by world famous investors in bull and bear markets; and explains why equities continue to451 words
-
-
VIEWS FROM THE TOP
-
Article, Illustration3217 2013-10-21 10 THIS WEEK’S TOPIC: As a business leader, what are your expectations for 2014, for the Singapore economy, the region and the world? How do you think 2014 will be different from 2013? Hugues Delcourt Country Executive ABN AMRO Bank NV Singapore and CEO of ABNBLOOMBERG - 3,217 words
-
-
Page 11 Advertisements
-
Advertisement429 2013-10-21 11 Capitalise on a low 3% p.a. interest rate with our secured share overdraft. Our perks are purely financial. At CIMB Preferred, we believe in rewarding our customers with financial benefits, instead of the usual trivial luxuries. For starters, our secured share overdraft allows you to monetise your shares, which means429 words
-
-
BT-CITIBANK YOUNG INVESTORS' FORUM
-
Article, Illustration1776 2013-10-21 12 ANG BEN YOU - The key advantage of such instruments is in the diversification they provide to a portfolio, saysANG ANG BEN YOU The writer is a fourth-year student at the Lee Kong Chian School of Business in the Singapore Management University (SMU) and a studentPHOTO: BLOOMBERG - 1,776 words
-
-
Page 12 Advertisements
-
Advertisement156 2013-10-21 12 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 to156 words
-
-
MALAYSIA/INDONESIA
-
Article, Illustration517 2013-10-21 13 He says the govt will cut the fiscal deficit and maintain current account surplus [JOHOR BARU] The government will continue its efforts to reduce the country’s fiscal deficit and ensure its current account surplus is strong, says Minister in thePHOTO: BLOOMBERG - 517 words
-
631 2013-10-21 13 S JAYASANKARAN - By S JAYASANKARAN in Kuala Lumpur MALAYSIAN Prime Minister Najib Razak proved the biggest winner in last Saturday’s party election in the United Malays National Organisation (Umno) with all his preferred vice-presidential candidates making the cut. Even so, Defence Minister631 words
-
Article1424 2013-10-21 13 VOL Oct 18 RM +/-(‘000) A M Realty 0.90 unch 126 VOL Advance Synerg 0.14 unch 169 Adventa Bhd 0.99 -0.02 83 Ae Multi Hldgs 0.22 unch 853 Affin Holdings 4.25 0.01 113 Ahmad Zaki Res 1.01 -0.02 372 Airasia Bhd Alliance Finan 5.17 0.12 1072 Aluminium Co1,424 words
-
374 2013-10-21 13 Reuters [JAKARTA] An Indonesian rule limiting plantation areas to just 100,000 hectares for new palm oil firms threatens an ambitious output goal of 40 million tonnes by 2020 set by the world’s top producer of the edible oil, an industry groupReuters - 374 words
-
-
Page 13 Advertisements
-
Advertisement99 2013-10-21 13 AsiaOne brings you All your news and lifestyle updates in one app mm Latest News MALAYSIA Na led search for loved ones 9 minu esago Singapore w j\l OOODANb Step into the world of Viking warriors SHOWBIZ 14 minutes ago Advertisement YOUNG DETECTIVE DEE AHEROUj In cinemal Myanm not cop99 words
-
-
GREATER CHINA/INDIA
-
Article, Illustration806 2013-10-21 14 But some have far lower component of biofuel than what is required: refiner Reuters [BEIJING] China’s biodiesel imports are surging, displacing local diesel sales as some trading companies take advantage of tax and trade incentives the government provides to boost usage of the blendedReuters; PHOTO: BLOOMBERG - 806 words
-
Article, Illustration526 2013-10-21 14 He will also seek a breakthrough on China border row AFP [NEW DELHI] India’s Manmohan Singh embarked yesterday on one of his last major foreign trips as prime minister, heading for Russia and China to strengthen trade ties and address aAFP - 526 words
-
793 2013-10-21 14 Bloomberg [HONG KONG] China Solar Energy Holdings Ltd, a Hong Kong-based solar panel maker, says its chairman and two directors have been detained by Chinese authorities on allegations of fraud involving the assets of a mainland unit. Chairman Yeung Ngo, Yang Yuchun and non-exec-utive directorBloomberg - 793 words
-
658 2013-10-21 14 Xinhua [BEIJING] Beijing is wooing Internet-based financial services such as online peer-to-peer lending and crowd financing to move their activities to its technological hub, promising perks from lower rents to cash rewards. Beijing’s Haidian District, which administers Zhongguancun, known as China’s Silicon Valley,Xinhua - 658 words
-
-
Page 14 Advertisements
-
Advertisement61 2013-10-21 14 mw Sltf S3 ASIA’S LARGEST 1 Educational Kids’ Fair 5 join us at Asia's Largest Education Fair! Singapore Expo Hall 5 21 -23 March 2014 BOOK NOW! Limited Booths available! 9) rvf es U3 W 1 a For more information, please contact Ms Adeline Goh 9681 8289 gohtna@sph.com.sg Mr Jeffrey61 words
-
Advertisement39 2013-10-21 14 Want your with ONEREPUBLIC? TUNE IN TO HOT FM91.3 NOW! 29th October 2013,8pm The Coliseum™ I Resorts World Sentosa Midas Promotions www.midaspromotons.com ■m. Kf r k P WjL f K i •"IPs v 't t *-'slsasi facebook.com/hotfmsg @hotfmsg www.hotfm.sg39 words
-
-
Page 15 Advertisements
-
Advertisement69 2013-10-21 15 9 1 rv RMART.COM Over 20,000 car listings z Over 2 million potential eyeballs for your car monthly "Used by more than 95% of car sellers "Visited by 96.2% of car buyers 1 sgCarMart.com stats Apr 2013 2 Google Analytics July 2013 3 2012 LTA number of cars transferred VS69 words
-
-
WORLD
-
Article, Illustration588 2013-10-21 16 Project delays, loss of consumer and business sentiment among casualties NYT [WASHINGTON] The government shutdown that ended last week will cost the US economy several billion dollars, according to estimates by economic research firms. But the affiliated damage such as the underminingNYT; PHOTO: AFP - 588 words
-
575 2013-10-21 16 NYT [SAN BRUNO, California] A plucky Silicon Valley company, forced to compete for talented engineers, is trying it all recruiting billboards on Highway 101; workplace perks such as treadmill workstations and foosball tables; and conference rooms named after celebrities such as Rihanna and Justin Bieber.NYT - 575 words
-
546 2013-10-21 16 Bloomberg [WASHINGTON] The floodgates holding back a wave of US economic data delayed by the partial government shutdown will begin to give way this week with the release of the September jobs report. Employers probably added more workers last month than in AugustBloomberg - 546 words
-
398 2013-10-21 16 It’ll be Europe’s first nuclear power plant since Fukushima Reuters [LONDON] Britain is set to sign a deal with France’s EDF for the first nuclear plant to start construction in Europe since Japan’s Fukushima disaster raised safety concerns worldwide, at aReuters - 398 words
-
Article, Illustration467 2013-10-21 16 Bloomberg [SYDNEY] Australia’s most populous state declared a wildfire emergency as temperatures are predicted to rise and winds strengthen, fanning flames across New South Wales. State Premier Barry O’Farrell signed the order yesterday after consulting the police minister, and appointed the Rural FireBloomberg; PHOTO: REUTERS - 467 words
-
751 2013-10-21 17 Don’t wipe out junior bondholders if lender isn’t at risk of failure, he says Bloomberg [BRUSSELS] European Central Bank president Mario Draghi has said that banks should be able to access public aid without wiping out junior bondholders if regulators decide aBloomberg - 751 words
-
Article, Illustration354 2013-10-21 17 Bloomberg [PANAMA CITY] Spain’s economy is starting to see results after the government slashed deficits and overhauled labour laws, said Angel Gurria, the head of the Organization for Economic Cooperation and Development (OECD). The country’s 26 per cent unemploymentBloomberg; PHOTO: AP - 354 words
-
Article, Illustration617 2013-10-21 17 AFP [ROME] Tens of thousands of people took to the streets in Italy and Portugal for mostly peaceful protests against austerity on Saturday, but there were clashes in Rome outside the finance ministry. “We are laying siege to the city!” a group of studentsAFP; PHOTO: AFP - 617 words
-
305 2013-10-21 17 Bloomberg [LONDON] Chancellor of the Exchequer George Osborne said the UK government will decide by early to mid-November whether it should break up Royal Bank of Scotland Group plc (RBS) and spin off its toxic assets into a “bad bank”, TheBloomberg - 305 words
-
Article, Illustration889 2013-10-21 18 But it’s not free from criminal liability for some mortgages it sold Reu ters [NEW YORK] JPMorgan Chase Co has reached a tentative US$13 billion deal with the US Justice Department and other government agencies to settle investigations into bad mortgage loansReuters; PHOTO: BLOOMBERG - 889 words
-
276 2013-10-21 18 Reuters [SEOUL] State-run Korea Electric Power Corp (Kepco) yesterday said it planned to invest about 650 billion won (S$758 million) in establishing an energy storage system by 2017 to do away with power shortages and boost energy efficiency. A total of 625Reuters - 276 words
-
Article, Illustration867 2013-10-21 18 Economists are divided on net effect of state asset sales made on the quick AFP [ATHENS] The approach of a new budget year in cri-sis-hit Greece has rekindled talk of more spending cuts, along with a renewed European Union-Interna-tional Monetary Fund creditor pushAFP; PHOTO: REUTERS - 867 words
-
371 2013-10-21 18 US$2.46b judgment doesn’t account for over 25,000 claims that are still pending Bloomberg [CHICAGO] As HSBC Holdings plc, the biggest European bank by market value, appeals the US jury verdict that produced a US$2.46 billion judgment, additional liabilities from the securities fraud case remainBloomberg - 371 words
-
578 2013-10-21 19 US$1.26b deal may boost its clout with handset makers Reuters [NEW YORK] Japan’s SoftBank Corp said it had agreed to pay US$1.26 billion for a 57 per cent stake in privately held cellphone distributor Brightstar Corp as it looks to boost its bargainingReuters - 578 words
-
Article, Illustration453 2013-10-21 19 AFP [LONDON] The violin played by the Titanic’s bandmaster as the ship sank beneath the waves sold at auction for £900,000 (S$1.8 million) a world record for memorabilia from the doomed liner. Wallace Hartley’s violin was found strapped to his bodyAFP; PHOTO: AP - 453 words
-
Article, Illustration505 2013-10-21 19 This comes amid flaws with federal marketplace’s entry portal for 36 states Reuters [WASHINGTON] Roughly half a million Americans have applied for health insurance through new federal and state-run exchanges under President Barack Obama’s signature healthcare law, an administration official saidReuters; PHOTO: AFP - 505 words
-
Article242 2013-10-21 19 Reuters [FRANKFURT] German business software maker SAP is winding down a web-based software product for small to mid-sized businesses, a German magazine reported. Business weekly Wirtschaftswoche said SAP would stop the development of a software dubbed Business By Design, although existing customers will be– Reuters - 242 words
-
-
Page 16 Advertisements
-
Advertisement431 2013-10-21 16 OCBC Securities Sharelnvestor Presents The Intelligent Inv&stop I Investing in today’s market can be challenging but it is not impossible to beat the market. npossiblelobeal i Ta The Intelligent Investor takes a look at the investment strategies adopted by world famous investors in bull and bear markets; and explains why431 words
-
-
Page 17 Advertisements
-
Advertisement1059 2013-10-21 17 )4S [«Ara NOTICES UNITED OVERSEAS BANK LIMITED Company Registration No. *****0026Z (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES Notice is hereby given that the following share certificates have been reported lost, destroyed or mislaid: Name Certificate No. No. of Shares Mrs Arasa Kularajah Mahaswari Ammal *****87-3 100 -do-1,059 words
-
-
Page 18 Advertisements
-
Advertisement22 2013-10-21 18 www.omy.sg wwgMSft IJS^S***-*" omy News 0|*0 0££0 0SS§a 0! iOS Google Play 0 0 0 IOS omy Showbiz 0££0 0E?S Google Play22 words
-
-
Page 19 Advertisements
-
Advertisement34 2013-10-21 19 The latest jobs, fresh out of the oven. If you’re thinking of making a career change, check out the latest job opportunities career insights in CATS Recruit. Now available on the CATS Classified App34 words
-
-
AVIATION/SHIPPING
-
Article, Illustration594 2013-10-21 20 New rate of 1.5 planes a month is a 14% drop from cut announced in April Bloomberg [CHICAGO] Boeing Co is slowing the production tempo for its 747-8 jumbo jet, the planemaker’s biggest model ever, for the second time this yearBloomberg; PHOTO: REUTERS - 594 words
-
379 2013-10-21 20 Reuters [COPENHAGEN] A further drop in freight rates last week could force Maersk and other shipping companies to renegotiate planned hikes in container rates on routes from Asia to northern Europe next month. Maersk Line, the world’s biggest container shipping company and– Reuters - 379 words
-
286 2013-10-21 20 AFP [MANILA] The Philippines’ main Manila airport terminal has been named the world’s worst for the second year in a row in a survey by an online travel website. Officials on Friday brushed off the survey results, insisting that conditions were being improved.AFP - 286 words
-
Article, Illustration557 2013-10-21 20 Copersucar crippled; global prices spike to one-year high Reuters [SAO PAULO] A fire ravaged Copersucar’s sugar terminal in Brazil, paralysing operations of the world’s biggest sugar trader and putting 10 million tonnes of export capacity offline for six months or more. The fireReuters; PHOTO: REUTERS - 557 words
-
276 2013-10-21 20 Bloomberg [NEW YORK] Baltimore’s port, a gateway for autos from Bayerische Motoren Werke AG and Mazda Motor Corp, partially reopened with car shipments still idled even as striking longshoremen resumed work on container vessels. “The ILA (International Longshoremen’s Association) is going back to work under masterBloomberg - 276 words
-
Article247 2013-10-21 20 SGX '000 Oct 18 S$ +/-Vol Ch Offshore 0.43 0.01 209 Chuan Hup Hldg 0.28 unch 130 Cosco Corp 0.82 0.01 4410 Cwt Limited...............1.40 -0.01 38 Ezra Hldgs 1.22 0.04 7863 First Ship Lea 0.09 unch 252 Freight Links 0.10 unch 4622 Grand Banks 0.23 0.01 78 Jaya247 words
-
Article2406 2013-10-21 25 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE2,406 words
-
-
Page 20 Advertisements
-
Advertisement19 2013-10-21 20 SMRTtweets reveal anaverageof atleast one servicedelay every week on Its lines To subscribe, call 6388-3838 or go to sphsubscription.com.sg19 words
-
-
Page 20 Miscellaneous
-
Miscellaneous363 2013-10-21 20 CRYPTIC CROSSWORD Across 1 Go and get chef’s special about time! (5) 4 Beauty queen kidnapped by youth with tag on (8) 10 Order tarts with herb filling that’s appetising (7) 11 Target outbreak of mice found in a particular area (7) 12 Moderate Tory claiming party leader was in363 words
-
-
DINING OUT
-
Article, Illustration730 2013-10-21 21 JAIME EE - Two new Japanese restaurants offer their own take on Western cuisine. JAIME EE susses them out JAIME EE NEW RESTAURANT Arossa Grill Wine Bar #02-01 Scotts Square 5 Scotts Road Tel: 6636-2951 Open daily for lunch and dinner: 11.30am to 3pm; 6pm to 10.30pm730 words
-
Article, Illustration733 2013-10-21 21 NEW RESTAURANT Oushin Japanese Steakhouse #02-391/392 Suntec City Mall 3 Temasek Boulevard Tel: 6884-4805 Open Mon to Frifor lunch and dinner: 11.30am to 3pm; 6pm to 10pm Sat to Sun: 11.30am to 10pm WE'RE not sure if Oushin is an upscale Japanese steakhouse, a733 words
-
-
Page 21 Advertisements
-
Advertisement256 2013-10-21 21 gms n K 4.1 *> 4 J SWEETNESS OF SEASONAL HAIRY CRAB 1 5 OCTOBER TO 30 NOVEMBER 2013 PEACH BLOSSOMS DELICACY AT PEACH BLOSSOMS (p Don't miss out! Crab lovers are in for a treat with hairy crab delicacies at Peach Blossoms for a limited period. Indulge in a256 words
-
-
SINGAPORE STOCKS
-
Article3412 2013-10-21 22 Week ended: Oct 18 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 Company Last Sale Vol 11.5 7 AEM --AAT High Low Buyer Seller 188 106 AIMSAMPIReit 150 unch 1148 150 146 1503,412 words
-
Article271 2013-10-21 23 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 $mil Last 2.4 1.3 t Advanced System 1.4 -0.1 3164 1.4 1.4 1.3 1.4 22.3 Week Last Quote Div Gr Yld Net M Cap High271 words
-
Article119 2013-10-21 23 Stock name Close Change CapMallsAsia 1.980 -0.005 CapitaLand 3.180 -0.010 CapitaMall 1.980 +0.035 CityDev 10.470 +0.030 ComfortDelGro 1.910 +0.005 DBS Grp 16.560 +0.050 GLP 3.100 +0.060 Genting SP 1.470 +0.005 Golden Agri 0.530 +0.010 HK Land 6.380 +0.020 Stock name Close Change HPH Trust US$ 0.775119 words
-
Article2009 2013-10-21 23 Transaction date: Oct 18 HONG KONG Vol HK$ +/-'000 Aeon Stores '000 Angang Steel 4.82 0.06 8639 Anhui Conch 0.05 Anhuiexpresswa 4.32 unch 94 Asia Satellite 29.00 unch 5 Asm Pacific -0.02 Avic Ihl Angang Steel 4.82 Baiyunshan Ph 8639 Bank Of China 3.59 unch *****5 Bank Of2,009 words
-
Article264 2013-10-21 23 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 61 27 AVJennings A56 -1 18 60 56 57 58.5 3.6 6.3 4.5 207.3 52 31 Genting HK US$ US43 +0.5 ***** 43.5 41.5 42.5 43 2831.3264 words
-
Article186 2013-10-21 23 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 3 6 0 0 0 7 3 6 Manufacturing 59 87 38 7 19 5 66 106 43 Commerce 24 29 21 1 12 2 25 41 23 Tpt/Stor/Comms 20 17 6186 words
-
Article990 2013-10-21 23 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 114.5 unch 75 114.5 112.2 113.1 114.5 522.7 143 125 CIMB APAC Div 100S$D 130.8 130.1 131 114.4 99.2 CIMB990 words
-
Article123 2013-10-21 23 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 61,125 61,125 191,964 191,964 Manufacturing 985,133 376,238 1,361,371 439,037 33,281 472,318 Commerce 656,780 620,467 1,277,247 251,008 36,240 287,248 Tpt/Stor/Comms 278,555 90,766 369,321 515,699 38,991 554,690 Finance 784,391 2,516 786,907 569,726 1,029 570,755 Construction 300,049 680,248123 words
-
-
Page 23 Advertisements
-
Advertisement26 2013-10-21 23 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 TIMES26 words
-
-
FINANCE & COMMODITIES
-
Article600 2013-10-21 24 Oct 18 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.60 *****.09 *****.09 Dec13 *****.00 *****.00 *****.00 *****.00 ***** *****3 Mar14 *****.00 *****.00 *****.00 *****.00 0 322 MSCI TAIWAN INDEX FUTURES SPOT 295.33 298.20 295.33 Oct13 295.10 298.30 293.90 297.70 ***** *****9 Nov13 294.20600 words
-
373 2013-10-21 24 In local curr In S$ In US$ dy yr dy yr dy yr Oct 18 Index Change Change Change Change Change Change World Preliminary 1129.8 0.5 20.4 0.3 20.8 0.6 19.2 EAFE Preliminary 925.0 0.6 19.4 0.5 18.6 0.8 17.1 Europe Preliminary 1322.4 0.8 15.3373 words
-
Article471 2013-10-21 24 Oct 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.992 5.875 0.704 7.473 59.189 109.121 0.943 10.230 3.041 1.137 102.254 41.514 1.193 9.496 0.869 28.310 29.915 0.596 0.964 Canada 1.008 5.921471 words
-
Article38 2013-10-21 24 Oct 18 (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$) (S$) 3 mths ..0.***** Source: Thomson Reuters38 words
-
Article86 2013-10-21 24 Oct 18 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****N 21-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-16 101.86 5-Year N*****0T 0.5 01-Apr-18 98.59 98.75 98.73 10-Year NX*****H86 words
-
Article137 2013-10-21 24 Oct 18 GOLD(US$/oz) Oct 17 Oct 18 Hong Kong 1310.00 1326.00 Oct 18 Oct 17 London 1315.95 1319.10 1316.68 1319.97 Source: Thomson Reuters CAST BAR Oct 18 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 118 53 5gm 336 263 10gm 601 526137 words
-
Article57 2013-10-21 24 Oct 18 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 13 2392.0 2392.0 2395.0 2374.0 250 8660 Dec 13 2398.0 2399.0 2401.0 2375.0 4923 ***** Jan 14 2400.0 2401.0 2404.0 2378.0 ***** ***** Feb 14 2406.0 2403.057 words
-
Article155 2013-10-21 24 Oct 18 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1924 1.1939 0.9635 0.9640 Canadian dollar 1.2017 1.2034 0.9716 0.9710 Euro 1.6933 1.6948 1.3682 1.3684 NZ dollar 1.0487 1.0502 0.8474 0.8480 Sterling pound 2.0023 2.0041 1.6179 1.6182155 words
-
Article121 2013-10-21 24 As at 9am Oct 18 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.221 1.163 Can dollar 1.227 1.180 Euro 1.734 1.652 Sterling pound 2.040 1.962 NZ dollar 1.075 1.034 US dollar 1.265 1.205 Local dollars to 100 units of foreign121 words
-
Article157 2013-10-21 24 Oct 18 $S Offer Bid 0vernight 0.05 0.02 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.05 US$ 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 12157 words
-
Article109 2013-10-21 24 Oct 18 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 13 1291.25 1293.25 1301.50 1287.50 Jan 14 1289.75 1289.50 1297.75 1284.25 Mar 14 1272.75 1273.25 1280.00 1268.00 May 14 1257.25 1257.75 1263.50 1252.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 13109 words
-
Article95 2013-10-21 24 Oct 18 COCOA (£/tonne) Close Prev High Low Dec 13 1731 1768 1765 1720 Mar 14 1721 1758 1755 1711 May 14 1714 1751 1745 1705 Jul 14 1711 1746 1740 1700 COFFEE(US$/tonne) Close Prev High Low Nov 13 1631 1639 1648 1627 Jan 14 1618 1633 1641 161695 words
-
Article70 2013-10-21 24 CRUDE OIL PRODUCTS Oct 17 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.37 -1.28 WTI (Near Mth) 100.69 -1.58 Dubai (1-Mth F) 106.70 0.37 Tapis blend 118.69 0.52 Minas 109.69 0.52 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.39 1.20 Jet Kerosene 124.68 0.53 US$/barrel OpecOil Basket70 words
-
Article22 2013-10-21 24 Oct 18 S$ Bid Offer 1-month 1.2376 1.2385 2-months 1.2375 1.2384 3-months 1.2375 1.2384 6-months 1.2371 1.2381 Source: OCBC22 words
-
Article66 2013-10-21 24 Oct-18 Oct-18 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1802.25 1804.00 3 months 1847.00 1850.00 Copper, Grade A(US$/tonne) Cash 7221.75 7205.00 3 months 7245.00 7230.00 Lead(US$/tonne) Cash 2152.50 2152.50 3 months 2175.50 2176.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months66 words
-
1269 2013-10-21 24 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 Conv Asia-Pacific Strategic W*****6 0.3 -0.1 209 1 123 425 78.33 7 Exer Albedo Limited W*****9 Prem Allied Technologies W*****1 0.1 -0.2 1037 1 4 1 Ascendas Reit1,269 words
-
-
Page 25 Advertisements
-
Advertisement43 2013-10-21 25 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 Times43 words
-
Advertisement18 2013-10-21 25 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times18 words
-
-
Page 26 Advertisements
-
Advertisement168 2013-10-21 26 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 your168 words
-
-
BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
-
Article, Illustration1072 2013-10-21 27 AMIT ROY CHOUDHURY - MAT is helping a diverse range of partners, such as data centre operator IO, out of its Asia-Pac HQ here, reportsAMIT ROY CHOUDHURY reports AMIT ROY CHOUDHURY amit@sph.com.sg LAST month’s Formula One race here was as much a celebration of technology as it was1,072 words
-
Article, Illustration925 2013-10-21 27 VICTORIA HO - Many of the new devices are Androidbased: Akamai study By VICTORIA HO AS we continue to add new connected devices to the global pool, it’s clear that a lot of these are mobile devices in emerging markets (EMs), according to the US networking925 words
-
Article, Illustration953 2013-10-21 27 ADELINE TAN - By ADELINE TAN PICTURE this your sales force is out in the field but doesn’t have all the answers on hand to respond to all of your customers’ questions. Instead of doing a follow-up via another appointment, your sales agents can start953 words
-
BizIT FOCUS: MOBILITY
-
Article, Illustration3203 2013-10-21 28 ENTERPRISES are facing a BYOD (bring your own device) wave as employees want applications that work both on their mobile devices as well as computers. An added complexity is the fact that in the mobility space, unlike the traditional workstation/notebook environment, there are a number of3,203 words
-
-
