The Business Times, 19 November 2013

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Microfilm: NL32874
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Tuesday, November 19, 2013
    25 words
  • Article, Illustration
    Lock icon Exports pave the way for stronger growth
    670 1  -  October NODX up a surprise 2.8%; government seen lifting 2013 GDP growth forecast By KELLY TAY kellytay@sph.com.sg [SINGAPORE] The drum beat of the Singapore economy is getting louder, as bullish October trade figures build on earlier data to paint a year of surprisingly
    Source: IE Singapore  -  670 words
  • Article
    Lock icon KL homeowners facing sharp assessment hikes
    623 1  -  City Hall plans to raise annual values by up to 300% BY PAULINE NG in Kuala Lumpur KUALA LUMPUR property owners, an estimated 10-16 per cent of whom are foreigners, are facing sharply higher assessment payments of up to 300 per cent following the
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,203.03 (+1.76) GST INDEX FUTURES 3,203.00 (+3.00) GSIMSCI 369.91 (+0.28) ESIMSCI FUTURES 370.30 (unch) US$ S$ US$ (S$ per US$) 1.246 (US$/S$ per 1.613 2.010 EURO (US$/S$/€ 1.350 1.682 Foreign currency per US$ S$ YEN 100.00 80.20 RM 3.186 2.557 HK$ 7.753 6.221 BAHT 31.56 25.33 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Monday Change KL COMP 1,792.39 +2.52 NIKKEI 225 15,164.30 -1.62 HANG SENG 23,660.06 +627.91 SET INDEX 1,423.96 +3.30 JAKARTA COMP 4,393.59 +58.14 MANILA COMP 6,343.25 -3.15 SEOUL COMP 2,010.81 +5.17 SHENZHEN B 854.43 +14.19 MUMBAI IND 20,850.74 +451.32 11am EST Change DOW 16,012.01 +50.31 NASDAQ 3,988.39 +2.42
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    • Article
      Lock icon PRIME RATES
      22 1 SINGAPORE 5.38 MALAYSIA HONG KONG HONG KONG 5.00 TAIWAN 14.452 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 INDIA 0.50 Source: Bloomberg
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      116 1 INDIA’S COLA WARS Coca-Cola and Pepsico stepping up their battle PAGE 4 HOCK LOCK SIEW Olam’s year of restructuring creates cheerier report card PAGE 6 COMPANIES SIA’s Chan Hon Chew named Keppel CFO PAGE 9 GOVERNMENT LAND SALES 4 new sites rolled out; analysts on what lies ahead PAGE 4
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      1 1 8"*****1"*****4
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      465 2 Exports beat path to stronger growth THE drum beat of the Singapore economy is getting louder, as bullish October trade figures build on data to paint a year of strong growth. FRONT PAGE KL home owners facing higher assessment rates KUALA Lumpur property owners, an estimated 10-16 per
      465 words
    • Article
      Lock icon Shell starts construction of Tuas lubricant, grease plant
      395 2  -  Plant will expand and modernise firm’s local operations to cater to Australasia, M-E markets By RONNIE LIM ronnie@sph.com.sg [SINGAPORE] Shell Eastern Petroleum has driven in the first piles for its new lube oil blending and grease manufacturing plant in Tuas a project
      395 words
    • Article
      Lock icon New investment funds framework needed: survey
      430 2  -  This is necessary for S’pore to reach next development phase By GENEVIEVE CUA gen@sph.com.sg [SINGAPORE] Singapore needs a new investment funds framework if it is to progress to the next phase of development, a survey of asset managers has found. The survey was conducted
      430 words
    • Article
      Lock icon Correction
      38 2 In “Leadership forged in crisis” (BT, Nov 15), we wrongly reported that CWT’s revenue had ballooned from $2 million in 2005 to $108 million last year. It should be net profit. We are sorry for the error.
      38 words
    • Article, Illustration
      Lock icon 3 EC sites, Upper Paya Lebar Rd private housing plot rolled out
      1040 4  -  Property consultants expect pullback in confirmed list supply of private housing sites in H1 2014 By KALPANA RASHIWALA kalpana@sph.com.sg [SINGAPORE] As the government yesterday rolled out four residential sites a private housing site in Upper Paya Lebar Road
      BT graphics: Jennifer Chua, Hyrie Rahmat •; Source: HDB, URA  -  1,040 words
    • Article, Illustration
      Lock icon Re-exports’ surge highlights higher services output
      431 4  -  It augurs well for trade-related services, Q4 GDP By KELLY TAY By kellytay@sph.com.sg [SINGAPORE] Singapore’s non-oil re-exports (NORX) surged to a record high of $22.3 billion in October, rising 26.7 per cent year-on-year the fastest expansion since January 2010, and its seventh consecutive month
      Source: Haver Analytics, Barclays Research  -  431 words
    • Article, Illustration
      Lock icon India’s cola wars heat up
      965 4  -  Coca-Cola, Pepsico eyeing the US$4.1 b soft drink market By NEETA LAL in New Delhi AMERICAN soft drink giants Coca-Cola and Pepsico are stepping up their battle for India’s estimated US$4.1 billion soft drink market, representing a compound annual growth rate (CAGR) of 12.3 per
      FILE PHOTOS  -  965 words
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      184 3 .as i. r—--J :-==n:r.. eagd -=5* I iirjsr;-- -t r ~I7 S'— v <.1 i. 3rr! C.rCLm '--i y\ r« -it i i.Sl--J.S i O I h ‘tvyJ 2 2S *0 THE NEW LEXUS ES. THE ESSENCE OF LUXURY IS HERE. INTRODUCING THE NEW ES 250 AND ES HYBRID The
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      34 5 HARRY WINSTON a if 4>. >e m >: k it A _i •w* C >3 *4’ o >’ ?,:>v xi'i t>7 J‘--n jf -"IF t.vV~" BRIDAL COLLECTION //>- HARRY WINSTON w ION ORCHARD SINGAPORE 65 6883 9509
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon SingHaiyi buys California condo project for US$33m
      490 6  -  This is its second distressed purchase after Tri-County Mall in Cincinnati, Ohio By LEE MEIXIAN leemx@sph.com.sg LESS than two months after buying a major mall in downtown Cincinnati, Sin-gapore-based SingHaiyi Group has made a second purchase of a distressed property in the United
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    • Article
      Lock icon Hong Leong Finance relaunches share loan promotion
      296 6  -  By CAI HAOXIANG haoxiang@sph.com.sg SINGAPORE’S largest finance company Hong Leong Finance yesterday relaunched its Express Share Loan promotion, where customers can pledge their Sin-gapore-listed shares for a quick loan. The flat interest rate for a one-month loan of at least $2,000, subject to
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    • Article
      Lock icon Olam’s year of restructuring creates cheerier report card
      908 6  -  HOCK LOCK SIEW By ANDREA SOH sandrea@sph.com.sg ABOUT a year after coming under a barrage of criticism by US shortselling firm Muddy Waters, Olam International emerged last week with much to cheer about at its first quarter results briefing. But more needs
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    • Article, Illustration
      Lock icon Hiap Hoe upbeat about Zhongshan Park’s competitive edge
      474 6  -  By ONG CHOR HAO ongch@sph.com.sg A PIPELINE of new hotels over the next two years will put pressure on revenue and labour at Hiap Hoe’s Zhongshan Park integrated development but the company remains bullish about prospects. Executives spoke yesterday at the official
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    • Article, Illustration
      Lock icon SIA’s Chan Hon Chew named Keppel CFO
      429 9  -  He takes over from Loh Chin Hua, now CEO-designate, on Feb 1 By LISA LEE lisalcc@sph.com.sg BLUECHIP conglomerate Keppel Corp has successfully wooed Singapore Airlines’ (SIA) chief financial officer (CFO) into filling its top finance job, in a move that now has put
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    • Article
      Lock icon Pacific Radiance Q3 net falls 45% to US$10.56m
      385 9  -  By VIVIEN SHIAO vshiao@sph.com.sg PACIFIC Radiance, a newly listed provider of integrated offshore marines services, posted a net profit of US$10.56 million for the third quarter ended Sept 30, 2013, a drop of 45 per cent from US$19.1 million a year ago.
      385 words
    • Article
      Lock icon Soilbuild bags $13m aerospace-linked construction project
      217 9  -  By LEE U-WEN leeuwen@sph.com.sg SOILBUILD Construction has won a contract to build a $13 million facility at the new Seletar Aerospace Park in what will be the company’s first aero-space-related project in its 37-year history. In a statement yesterday, Soilbuild said it had been
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    • Article
      Lock icon Falcon Energy plans 1-for-10 bonus warrant issue
      232 9  -  By LEE U-WEN leeuwen@sph.com.sg FALCON Energy Group yesterday proposed a 1-for-10 bonus warrant issue of up to 82,453,751 free warrants for shareholders. Each warrant can be exchanged for one ordinary share in the marine and oilfield services firm at an exercise price of
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    • Article
      Lock icon Yeo’s suitors have tough hurdle to clear
      742 11 Controlling family has rebuffed bids to acquire the iconic drinks manufacturer Bloomberg [SINGAPORE] Yeo Hiap Seng Ltd would be among the most alluring targets in Asia’s booming drinks market if it weren’t for its controlling family. With a factory in China and sites
      Bloomberg  -  742 words
    • COMPANY BRIEFS
      • Article
        Lock icon Civmec secures $65m in new contracts
        62 11 CIVMEC Construction Engineering, a subsidiary of Civmec Limited, has bagged new contracts worth a combined $65 million. These include an award to build an air gas liquefaction plant for BOC Limited at the company’s Kwinana site in Australia, and a contract to supply and
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      • Article
        Lock icon Thai Village full-year profit down 21%
        66 11 THAI Village Holdings has reported profit after tax of $1.31 million for the 12 months ended Sept 30, down 21 per cent from the $1.65 million recorded a year earlier. Total revenue came in at $21.7 million, a 16 per cent decrease from the
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      • Article
        Lock icon Pacific Radiance JV firm to issue up to 193.3m new shares
        82 11 GIVING an update on the initial public offering of its joint venture company, PT Logindo Samudramakmur Tbk, Pacific Radiance said yesterday that the JV firm plans to issue up to 193.3 million new shares before the end of the
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    • Article
      Lock icon NSL to sell Thai unit for $328.3m
      385 11  -  Sale will result in accounting gain of $119.8m By VIVIEN SHIAO vshiao@sph.com.sg NSL CHEMICALS, a wholly owned subsidiary of NSL Ltd, has agreed to sell its entire 100 per cent stake in NSL Chemicals (Thailand) Ltd (NSCT) to SCG Chemicals Ltd for $328.3
      385 words
    • Article
      Lock icon Blumont independent director resigns
      295 11  -  By LEE U-WEN leeuwen@sph.com.sg A NON-EXECUTIVE independent director of Blumont Group, Ng Su Ling, resigned yesterday with immediate effect, the company said in a statement to the Singapore Exchange (SGX). When contacted by The Business Times last night, the 49-year-old said one of the main reasons
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    • Article, Illustration
      Lock icon Ascendas unveils new industrial township in India
      289 11  -  By carinel@sph.com.sg CARINE LEE carine|@sph.com.sg ASCENDAS yesterday unveiled its 1,450-acre integrated industrial township in India. A joint venture development between Ascendas, Indian real estate developer Ireo, and a Japan consortium comprising management contractor and investment partner JGC Corporation and corporate finance provider Mizuho
      289 words
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      2 6 1 2
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      54 6 TT*^ MWs ACADEMY 2014 articipate in the NO. 1 CHILDREN'S EDUCATION SHOW! Suntec Singapore 6-8 June 2014 111 am 9pm BOOK NOW! Limited Booths available! r is* m > <5r* For more information, please contact Ms Adeline Goh 9681 8289 gohtna@sph.com.sg Mr Jeffrey Foe 9008 9391 jefffoo@sph.com.sg www.thekidzacademy.com.sg Organised by:
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      202 7 n Falcon Energy Group Limited ,n: r-3 B •a I s New Frontiers I n J w ■•WWJ fll r* /"i ft! I s ij r. r-* re* "*••1 'i v .v 5 vr. *34 >• tV 4 r. > At —r Drillinq Servic sm Marine Division > V Multifunctional
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Mixed S’pore session despite HK surge
      582 8  -  ST Index rises a mere 1.8 points while the broad market shows 203 gains to 213 losses STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent HONG Kong’s Hang Seng Index may have jumped 2.7 per cent following the release of China’s planned economic reforms, but a
      Source: Bloomberg  -  582 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 8 Nov 18 VALUE CLOSE BT OB/OS -251.00 +25.00 BT CADI -*****.00 -32.00 BT 10-day MA -*****.00 -25.00 FTSE ST Mid Cap 732.11 +0.57 FTSE ST Small Cap 536.14 +0.92 FTSE ST All Share 776.13 +0.52 FTSE ST China Top 202.40 +0.71 FTSE ST China 231.22 -1.15 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      56 8 VOLUME KLW Hldgs 799,725,000 Vallianz Hldgs 145,304,000 Youyue 140,210,000 Golden Agri 44,208,000 YHM 43,543,000 Digiland 42,262,000 GSH Corp 42,146,000 Noble Grp 41,736,000 Thai Beverage 38,903,000 AdvanceSCT 32,470,000 VALUE($) DBS Grp 54,230,020 SingTel 44,773,476 Noble Grp 44,586,620 GLP 42,619,430 CapitaLand 40,218,367 SuntecReit 38,155,125 UOB 34,030,690 Keppel Corp 31,394,140
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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 5 6 4 0 0 0 5 6 4 Manufacturing 50 50 40 3 5 13 53 55 53 Commerce 20 20 22 0 9 4 20 29 26 Tpt/Stor/Comms 14 15 11
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      817 8  -  Compiled by TEH SHI NING Ezion Holdings Nov 18 close: S$2.06 DBS Group Research, Equity, Nov 18 EZION’s Q3 2013 net profit surged 137 per cent y-o-y and 5 per cent q-o-q to US$38.2 million, bringing 9M FY2013 net profit to US$102.9 million, or 73 per cent and
      Source: Bloomberg  -  817 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 11,500 11,500 51,166 51,166 Manufacturing 385,973 815,836 1,201,809 140,293 27,659 167,952 Commerce 208,904 201,292 410,196 99,758 17,568 117,326 Tpt/Stor/Comms 97,284 9,961 107,245 104,707 1,458 106,165 Finance 47,806 671 48,477 126,840 197 127,037 Construction 36,764 49,058
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      114 8 Stock name Close Change CapMallsAsia 2.080 +0.050 CapitaLand 3.100 +0.030 CapitaMall 1.990 CityDev 10.210 +0.040 ComfortDelGro 1.915 +0.025 DBS Grp 17.000 -0.090 GLP 3.070 -0.060 Genting SP 1.455 +0.015 Golden Agri 0.610 +0.005 HK Land 6.270 -0.020 HPH Trust US$ 0.685 -0.005 JMH 53.000 +0.710 JSH
      114 words
    • Article, Illustration
      Lock icon China reforms boost Aussie, NZ dollars
      440 8 CURRENCIES Reuters [LONDON] Higher-yielding currencies such as the Australian and New Zealand dollars rose against the US dollar and yen yesterday, boosted by buoyant stock markets as investors cheered China’s economic reform plans. Chinese shares posted their biggest gain in more than two months
      Reuters; PHOTO: BLOOMBERG  -  440 words
    • Article
      Lock icon RISES
      112 8 BY CENTS CLOSE UP SPDR DJIA 10US$ ***** 454.7 2.4 DBXT FTChina25 10US$ 3076 302.7 8.6 Lyxor China H 10US$ 1510 154.5 8.9 DBXT MSAsExJp 10US$ 3435 140.8 3.4 DBXT AUD Bonds 5AU$ ***** 140.7 0.7 DBXT MSJAP 10US$ 4732 135.8 2.4 Lyxor Indonesia10US$ 7940 105.9 1.1 JMH 5300
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    • Article
      Lock icon FALLS
      117 8 BY CENTS CLOSE DOWN DBXT MSINDIA 10US$ 808 -46.1 -4.4 Lyxor EmergingMkts 1 1018 -33.6 -2.6 Great Eastern 1790 -10.0 -0.6 STXPO 100 165 -10.0 -5.7 Rex Intl 56.5 -9.5 -14.4 DBS Grp 1700 -9.0 -0.5 SIA Engg 492 -8.0 -1.6 ChinaMinzhong 85.5 -7.5 -8.1 RH PetroGas 57.5 -7.5
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
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      198 9 4 WE STARTED THINKING ABOUT TODAY THREE YEARS AGO Knowing what is happening in markets around the world today is not enough. Successfully investing clients' assets requires more. Identifying hidden risks. Uncovering future opportunities. Our time-tested investment process helps us separate market noise from market signals and look farther ahead.
      198 words
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      4299 10 VOLUNTARY CONDITIONAL CASH OFFER by ASIASONS WFG CAPITAL PTE LTD (Company Registration No.: *****2789M) (Incorporated in the Republic of Singapore) for and on behalf of ASIA NEW ENERGY HOLDING LIMITED (Company Number: 5108) (Incorporated in Samoa) to acquire all the issued and paid-up ordinary shares in the capital of ASIA
      4,299 words
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      11 11 www.omy.sg jfi mmi&asm TfJLI&I i£ Http set® mm-, pm-. Qjf y
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      710 11 OUG OUE LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****0050E) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of OUE Limited (the "Company") will be held at 10.00 a.m. on 4 December 2013 at Mandarin Orchard Singapore, Mandarin Ballroom III, 6th
      710 words
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      164 11 assr 9 z rt 8«Sfe amV, n Marina Bay Financial Centre Six Battery Ri Suntec Tower 3 PSA Building THE WORLD’S FINEST SERVICED VIRTUAL OFFICES Variety of offices to cater to your every need Prestigious address, dedicated receptionist secretarial support, 5 star meeting rooms boardrooms Experience world leading IT and
      164 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Mitsui Chem S’pore R&D centre making waves
      483 12  -  It is preparing to commercialise some of its work after just 21/2years here By RONNIE LIM ronnie@sph.com.sg MITSUI Chemicals’ Singapore R&D centre is preparing to commercialise some of its work, just two and a half years after it started up at Science Park.
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    • Article
      Lock icon Transport fare review on, results in ‘14
      206 12 THE Public Transport Council (PTC) has started a fare-review exercise for buses and trains, with a decision on adjustments set to be announced sometime in the first quarter of next year. In a statement released yesterday, the council said it is giving public
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    • SINGAPORE ROUNDUP
      • Article
        Lock icon 574 units out of 660 units of DUO Residences sold
        87 12 A TOTAL of 574 units of the 660-unit DUO Residences had been sold as at the end of Sunday, according to project developer M+S Pte Ltd. The average price of the 49-storey residential tower of an integrated development in the
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      • Article
        Lock icon Launch of Africa South East Asia Chamber of Commerce
        107 12 THE Africa South East Asia Chamber of Commerce (ASEACC) was officially launched yesterday to develop high-level business relationships between Africa and South-east Asia. Headquartered in Singapore, the chamber aims to link its members to investment opportunities and promote economic cooperation between
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      • Article
        Lock icon Two S’pore JVs among 3 firms in Batam raided for illegal software
        106 12 TWO Singapore joint venture companies and one Indonesian company in Batam Island have been raided for suspected use of illegal software, according to BSA The Software Alliance. Indonesian police apparently seized 35 computers and suspected infringing software from
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    • Article, Illustration
      Lock icon Stephen Lee will be next Income chairman
      326 12  -  By LEE U-WEN leeuwen@sph.com.sg NTUC Income will have a new chairman in place when the new year rolls around. The labour movement’s insurance cooperative announced yesterday that Stephen Lee, 66, will be its chairman from Jan 1, taking over from 69-year-old Ng Kee
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    • Article
      Lock icon Next Master Plan to be unveiled ‘very soon’: Khaw
      241 12 SINGAPORE'S next Master Plan will be unveiled “very soon” as the country continues to strive to make itself “an endearing home and a clean, green, liveable city”, National Development Minister Khaw Boon Wan wrote in his blog yesterday. He revealed this
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      177 12 cncd /ones Supply Chain Training Centre Professional Qualifications in Procurement Supply Awarded by The Chartered Institute of Purchasing and Supply. U.K. r.»l I i EMPOWER YOUR LEARNING Diploma in Procurement and Supply The CIPS Diploma in Procurement and Supply is the most recognized professional qualification in purchasing and supply. The
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      779 12 v WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices FEDERAL FEDERAL INTERNATIONAL (2000) LTD (Incorporated in the Republic of Singapore) (Company No. *****7113K) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of Federal International (2000) Ltd (the “Company”) will be held at 47
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  • SME Inc
    • Article, Illustration
      Lock icon Going international to compete locally
      996 13  -  But now, RHTLaw Taylor Wessing is ready to go all the way. BY AARON LOW AFTER spending an entire weekend poring over stacks of documents and strategising over the best approach, Tan Chong Huat, now managing director of RHTLaw Taylor Wessing LLP, was confident that
      PHOTO: ARTHUR LEE  -  996 words
    • Article, Illustration
      Lock icon Expanding your business – through investing
      1395 13  - Expanding your business through investing You can own portions of other businesses without putting in a lot of money while taking care of your current business COMMENTARY By CAYDEN CHANG The writer is founder and director of Mind Kinesis Management International LLP Mind Kinesis Investments IT has been said that
      PHOTO: BLOOMBERG  -  1,395 words
    • Article
      Lock icon SingTel to give 10,000 SMEs free ad space
      282 13 FOR a month, 10,000 small and medium-sized enterprises (SMEs) here will garner a higher profile for their advertisements beamed out on an electronic billboard in Raffles Place. And this higher profile for their products and services will not cost them a thing.
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      65 13 Have an interesting story on an SME to share? Drop us a note on why you think the company should be featured in our weekly SME Inc pages, with details such as how the company has grown and its expansion plans. Send your e-mail to Felda Chay at feldac@sph.com.sg with
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Spying claims: Indonesia recalls Australia envoy
      656 14 Jakarta outraged at reports of phone-tap on president, wife and ministers AFP [JAKARTA] Indonesia recalled its ambassador to Australia yesterday in a furious response to reports that Australian spy agencies tried to listen to the phone calls of President Susilo Bambang Yudhoyono as well
      AFP; PHOTO: AFP  -  656 words
    • Article
      Lock icon Kuala Lumpur signals GST commitment
      442 14  -  By S JAYASANKARAN in Kuala Lumpur IN a move to prepare Malaysians for the impending goods and services tax (GST), the government last week kicked off the first of a series of talks on the tax and its implications for the citizenry. The move sends
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    • Article
      Lock icon Mahathir in hospital with chest infection
      160 14 [KUALA LUMPUR] Former Malaysian prime minister Mahathir Mohamad, 88, was admitted to hospital yesterday with a chest infection, his office said. “The medical team is closely monitoring his condition and is satisfied with his progress,” Malaysian media reports said citing a statement from Dr
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      101 14 ■^,V\ I 5 ■■rasp WJ \5V~— mw ft WS «TT|_ t 1 I. > fhi iv> SOLD DAILY SGCARMART.COM 1 0ver 20,000 car listings 2 Over 2 million potential eyeballs for your car monthly 3 Used by more than 95% of car sellers 4 Visited by 96.2% of car buyers
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Markets reward China for ambitious reform plan
      831 15 Key onshore China stock indexes, China shares listed in HK rally to big gains Reuters [BEIJING] Investors rewarded Beijing yesterday for its ambitious reform plan, sustaining a stock rally led by consumer goods shares seen as direct beneficiaries of the promised easing of
      Reuters; PHOTO: REUTERS  -  831 words
    • Article
      Lock icon End near for Indian banks’ easy funds
      735 15 RBI imposes curbs in bid to develop money markets Reuters [MUMBAI] The era of easy money for Indian banks may be coming to an end. Unlimited access to cheap overnight funding from the Reserve Bank of India (RBI) was tightened in the middle
      Reuters  -  735 words
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      90 15 Cl ST Engineering J Congratulations to Mr Tan Pheng Hoch on being named Asia Business Leader of the Year 2013 at the 12 th CNBC Asia Business Leaders Awards Tan Pheng Hoch President CEO ST Engineering ST Engineering is an engineering group that provides smart solutions. We innovate, integrate and
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  • WORLD
    • Article
      Lock icon Stocks valuation gap narrows as US market hits record high
      791 16 Market gains have reduced the number of bargains in the stock market Bloomberg [NEW YORK] Cheap is converging with expensive in the American equity market, narrowing options for investors looking for bargains after the broadest rally on record lifted almost
      Bloomberg  -  791 words
    • Article, Illustration
      Lock icon Regulators centre of focus ahead of ECB oversight
      630 16 Bloom berg [FRANKFURT] Regulators outnumber bankers at Frankfurt’s biggest finance conference this week, underlining their importance as the European Central Bank prepares to scrutinise the books of the euro area’s largest lenders. ECB executive board member Yves Mersch is among 14 regulators,
      Bloomberg; PHOTO: BLOOMBERG  -  630 words
    • Article
      Lock icon Eurozone posts Sept trade surplus of 13.1b euros
      389 16 AFP [BRUSSELS] The eurozone posted another big 12-month increase in its trade surplus yesterday, the latest monthly data from the EU’s Eurostat agency showed. The first estimate for September gave a 13.1 billion euro (S$22.08 billion) surplus for the trade in goods
      AFP  -  389 words
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      Lock icon Qantas lambasts ‘predatory’ rivals
      510 16 AFP [SYDNEY] Qantas chief executive Alan Joyce has demanded the government halt what he described as a “virtual takeover” of Virgin Australia by foreign airlines, saying that they were working to destabilise the national carrier. Singapore Airlines, Air New Zealand and Abu Dhabi-based Etihad already own
      AFP  -  510 words
    • Article
      Lock icon OECD nations growth stuck at 0.5% for Q2-3
      469 16 Japan top performer at 2.6%, Italy fares worst at -1.9% AFP [PARIS] The US and British economies speeded up slightly in the third quarter but expansion in several other economies slowed, leaving OECD-area growth at 0.5 per cent. The latest provisional data
      AFP  -  469 words
    • Article, Illustration
      Lock icon Galaxy looks beyond Macau to Japan, Taiwan
      755 17 It will spend HK$20b each if those markets open up Bloomberg [HONG KONG] Galaxy Entertainment Group Ltd, the Macau casino operator that made Lui Che-woo Asia’s third-richest man, plans to invest in China’s Hengqin island and will consider investing at least US$5 billion
      Bloomberg; PHOTO: BLOOMBERG  -  755 words
    • Article, Illustration
      Lock icon PlayStation 4 a hit as Sony sells 1m consoles on launch
      592 17 Bloomberg [TOKYO] Sony Corp sold more than one million PlayStation 4 consoles in North America during the first 24 hours of sales, though the company said some buyers reported having “issues” with the new gaming device. The record sales,
      Bloomberg; PHOTO: BLOOMBERG  -  592 words
    • Article, Illustration
      Lock icon Japan Inc profits double after tough decisions to cut costs
      840 17 Firms showing profit surges include Panasonic, Mazda and Toyota Bloomberg [TOKYO] Japanese companies that made tough decisions about exiting businesses, closing factories and revamping management led a doubling of corporate earnings last quarter to the highest level since 2007. Net
      Bloomberg; PHOTO: REUTERS  -  840 words
    • Article
      Lock icon Thai economy grows less than expected in Q3
      368 17 GDP rises only 2.7% from year ago on lower exports, consumption, investment Bloomberg [BANGKOK] Thailand’s economy grew less than analysts estimated last quarter on weaker exports and lower consumption and investment. Gross domestic product rose 1.3 per cent in the three months
      Bloomberg  -  368 words
    • Article
      Lock icon Late push to finish overdue Volcker rule
      736 18 Regulators given year-end deadline to complete rule on Wall Street oversights NYT [NEW YORK] The Obama administration, stumbling through the healthcare overhaul, has reached a critical stage in its other signature effort: reining in Wall Street. The push to reshape financial oversight hinges
      NYT  -  736 words
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      Lock icon GCHQ a big part of UK’s special ties with US
      565 18 AFP [LONDON] The activities of GCHQ, Britain’s secret eavesdropping agency, have come under intense scrutiny since former US analyst Edward Snowden said it was one of the main players in mass telecommunications surveillance. GCHQ is at the heart of Britain’s
      AFP  -  565 words
    • Article
      Lock icon Google opening showrooms in 6 US cities
      215 18 Bloomberg [SAN FRANCISCO] Google Inc is opening showrooms in six US cities, promoting its latest products and stepping up retail efforts against Apple Inc and Microsoft Corp as the year-end holiday shopping season gets under way. Called Winter Wonderlabs, the outlets feature products
      Bloomberg  -  215 words
    • Article
      Lock icon New media in favour but hazards lurk
      691 18 Reuters [NEW YORK] New media websites from BuzzFeed to Business Insider are on a roll lately, showered with dollars from venture capitalists betting that they will crack an advertising market that has stymied traditional media companies. With their mix of top-10 lists, slide
      Reuters  -  691 words
    • Article, Illustration
      Lock icon Novelist who focused on family, individual
      547 18 DORIS LESSING 1919-2013 Reuters [LONDON] Novelist Doris Lessing, who tackled race, ideology, gender politics and the workings of the psyche in a prolific and often iconoclastic career, has died at the age of 94, her publisher said on Sunday. Ms Lessing won the Nobel
      Reuters; AP FILE PHOTO  -  547 words
    • Article
      Lock icon Call to raise broker-dealers’ capital
      383 18 Global banks with such ops pose risks: Boston Fed chief Bloomberg [WASHINGTON] Federal Reserve Bank of Boston President Eric Rosengren said that big international banks with broker-dealer operations pose risks to financial stability, and regulators need to ensure the firms hold sufficient capital. “Global banks
      Bloomberg  -  383 words
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      29 16 BUY, SELL OR RENT. STCARS At STCars.sg, your ideal car isn't hard to find. Browse over 25,000 listings of new, used rental cars, commercial vehicles. f STCars.SG o*>*k-play STCARS
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  • Page 17 Advertisements
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      158 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SUN HUNG KAI BULLION FUTURES PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Company No: *****5123D) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that the FINAL MEETING of the
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Vector putting $50m into Seletar facility
      495 19  -  Scheduled to be in service by next Oct, the plant will focus on PW150A engines By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] Vector Aerospace Corporation is investing more than $50 million to set up a new engine facility in Seletar Aerospace Park, one that is slated
      495 words
    • Article
      Lock icon Mega order for planes boosts Emirates sukuk
      579 19 Bloomberg [DUBAI] Emirates Islamic bonds are beating regional peers as the Dubai-based airline announced the world’s biggest plane order, adding to the expansion that has boosted revenue by 80 per cent in the past five years. The carrier’s amortising sukuk due March 2023
      Bloomberg  -  579 words
    • Article
      Lock icon MAS reports Q3 loss of RM375.4m
      409 19 [KUALA LUMPUR] Malaysian flag carrier Malaysia Airlines has reported a loss of RM375.44 million (S$146.7 million) in the third quarter of the financial period ending Sept 30, 2013, despite expectations by some analysts that it would show a profit amid higher passenger load. This
      409 words
    • Article, Illustration
      Lock icon Boeing jet crashes in Russian city of Kazan
      596 19 All 50 on board, including son of local leader, perish Reu ters [MOSCOW] A Boeing 737 airliner crashed on Sunday in the Russian city of Kazan, killing all 50 people on board and spotlighting the poor safety record of regional airlines that
      Reuters; PHOTO: REUTERS  -  596 words
    • Article
      Lock icon Nordbank: 3b euros on ship financing since ‘11
      324 19 Bloomberg [HAMBURG] HSH Nordbank, the world’s largest shipping finance bank, spent about three billion euros (S$5.05 billion) since 2011 to help clients order new vessels and modernise their fleet. The bank financed 56 vessels a year, about half dry bulk carriers and
      Bloomberg  -  324 words
    • Article
      Lock icon TRANSPORT STOCKS
      243 19 SGX '000 Nov 18 S$ +/-Vol Ch Offshore '000 Chuan Hup Hldg 0.26 unch 382 Cosco Corp 0.74 0.01 1904 Cwt Limited 1.28 0.01 239 Vol First Ship Lea 0.42 Freight Links 152 Grand Banks 0.23 unch 70 Jaya Hold Ltd 0.67 unch 110 K1Ventures 0.19 unch 864
      243 words
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      48 19 NOTICE TO THE CHENNAI TRADE REMINDER Following our Rate Restoration announcement on 25th October 2013, all SOC shipments loaded on after 15th November 2013 will be subject to the below increases. Singapore/Port Klang Chennai USDS 70/TEU Laden Chennai Singapore/Port Klang USDS 35/TEU Laden Bengal Tiger line Pte ltd
      48 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      318 19 CRYPTIC CROSSWORD Across 1 Charlie gets out of bed for emergencies (6) 5 Quiet lake in Ireland before journalist turned up! (8) 9 One’s prediction unfortunately not true in case of lumberjack (7-6) 10 Nation seeing a married chap taken in by agents (8) 11 Cardinal’s song? (6) 12 Sailor’s
      318 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Continuity likely at the Fed – for now
      499 20 Continuity likely at the Fed for now EDITORIAL WALL Street last week rose to three consecutive all-time highs in response to clear signals from incoming US Federal Reserve chair Janet Yellen that the US$85 billion per month monetary stimulus started by outgoing chairman Ben Bernanke known as quantitative easing or
      499 words
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      Lock icon It’s back to the realistic approach for the US
      840 20  -  THE BOTTOM LINE LEON HADAR Washington Correspondent HE is probably one of the most distinguished members of the political establishment of the Republican Party, and together with Henry Kissinger, the party’s leading voice. So when James Baker, who served as secretary
      840 words
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      Lock icon Bringing food to the world’s poor
      1043 20  -  The earth is capable of feeding everyone; the problem is mismanaged supply and demand By JEREMY OPPENHEIM, TRISTRAM STUART Jeremy Oppenheim is global director of McKinsey Company’s Climate Change Special Initiative. Tristram Stuart, a British author and campaigner against food waste, won the 2011
      PHOTO: REUTERS  -  1,043 words
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      Lock icon Sino-Japan business ties on the mend
      1096 21  -  The recovery in trade has been remarkable a year after the island spat, but political relations still tense ANTHONY ROWLEY Tokyo Correspondent ANYONE viewing October’s figures for sales of Japanese cars in China without knowing the background might conclude that China is in the
      PHOTO: AP  -  1,096 words
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      Lock icon India’s focus must be on launch vehicle, not Mars
      860 21  -  By NEETA LAL The writer is a New Delhi-based journalist THE Indian launch of the Mars Orbiter Mission, or Mangalyaan, by the Indian Space Research Organisation (Isro) has rightly come in for flak as being a needlessly expensive hunt for prestige
      PHOTO: AP  -  860 words
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  • Article
    Lock icon SHIPPING TIMES
    1327 22 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 22 Advertisements
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      50 22 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
      3165 23 Transaction date: Nov 18 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 15 11.5 8Telecom Vol Day Last Quote Div Gr Yld Net M Cap High Low Company 75 57 ASL Marine
      3,165 words
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      Lock icon SGX CATALIST
      263 24 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 37 17.3 t 3Cnergy 500 Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale ('000) High Low Buyer Seller
      263 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11654 24 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited Asian local dcy SD Bond 0 9781/ Global Emerging Markets!** China Opportunities'" 7 8408/ FM local Ccy Bond 0 8977/ European
      11,654 words
    • Article
      Lock icon GLOBALQUOTE
      262 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 61 27 AVJennings A57 unch 12 58 57 57 58 3.6 6.1 4.6 211 52 31 Genting HK US$ US41.5 unch ***** 42 41 41 41.5 2732.6
      262 words
    • Article
      Lock icon SGX ETF
      899 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 125 107.1 ABF SG Bond ETF 114 +2 34 116 113 113 115.5 520.4 143 125 CIMB APAC Div 100S$D 127.9 129.8 130.7 114.4 99.2 CIMB
      899 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      643 25 Nov 18 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.24 *****.61 *****.82 Dec13 *****.00 *****.00 *****.00 *****.00 *****3 *****1 Mar14 *****.00 *****.00 *****.00 *****.00 128 493 MSCI TAIWAN INDEX FUTURES SPOT 288.81 290.15 288.77 Nov13 287.30 289.90 286.90 288.70 ***** *****9 Dec13 287.00
      643 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 25 In local curr In S$ In US$ dy yr dy yr dy yr Nov 15 Index Change Change Change Change Change Change World Preliminary 1155.4 0.4 23.1 0.2 23.4 0.4 20.9 EAFE Preliminary 939.1 0.6 21.2 0.5 19.2 0.7 16.9 Europe Preliminary 1339.7 0.2 16.8
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 25 Nov 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.981 5.735 0.697 7.299 58.827 109.528 0.941 9.957 2.999 1.124 101.239 41.028 1.173 9.557 0.861 27.837 29.712 0.584 0.941 Canada 1.019 5.843
      471 words
    • Article
      Lock icon SIBOR
      38 25 Nov 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 Reuters
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      Lock icon GOVERNMENT SECURITIES
      82 25 Nov 18 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****A 16-May-14 0.27 1-Year BY*****T 31-Oct-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.85 5-Year N*****0T 0.5 01-Apr-18 99.64 10-Year NX*****H 2.750 01-Jul-23
      82 words
    • Article
      Lock icon PRECIOUS METALS
      133 25 Nov 18 GOLD(US$/oz) Nov 18 Nov 15 Hong Kong 1292.00 1294.00 Nov 15 Nov 14 London 1287.36 1289.61 1288.13 1290.38 Source: Thomson Reuters CAST BAR Nov 18 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 116 52 5gm 330 258 10gm 589 516
      133 words
    • Article
      Lock icon PALM OIL
      57 25 Nov 18 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 13 2586.0 2614.0 2593.0 2573.0 239 6710 Jan 14 2585.0 2613.0 2597.0 2577.0 9968 ***** Feb 14 2587.0 2614.0 2597.0 2577.0 ***** ***** Mar 14 2585.0 2613.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 25 Nov 18 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1725 1.1739 0.9412 0.9417 Canadian dollar 1.1946 1.1961 0.9595 0.9590 Euro 1.6816 1.6829 1.3499 1.3500 NZ dollar 1.0434 1.0448 0.8376 0.8381 Sterling pound 2.0093 2.0110 1.6130 1.6132
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 25 Nov 15 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 14 1280.50 1313.50 1315.75 1278.00 Mar 14 1265.75 1297.50 1298.75 1263.50 May 14 1250.25 1280.25 1280.00 1248.50 Jul 14 1245.00 1275.75 1275.25 1243.25 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 13
      109 words
    • Article
      Lock icon LIFFE
      95 25 Nov 15 COCOA (£/tonne) Close Prev High Low Dec 13 1739 1710 1741 1692 Mar 14 1740 1711 1742 1696 May 14 1735 1707 1736 1693 Jul 14 1730 1703 1732 1690 COFFEE(US$/tonne) Close Prev High Low Nov 13 1506 1437 1512 1447 Jan 14 1511 1447 1520 1452
      95 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1279 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv Asia-Pacific Strategic W*****6 0.4 1 123 488 52.50 6 Exer Albedo Limited W*****9 Prem Ascendas Reit MB ECW*****3 2.9 0.2 240 4 Asiatic Grp(Hldgs) Ltd W*****5 2.3
      1,279 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 25 CRUDE OIL PRODUCTS Nov 15 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.27 -0.16 WTI (Near Mth) 93.76 -0.09 Dubai (1-Mth F) 105.01 0.80 Tapis blend 113.30 1.00 Minas 107.50 1.00 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.06 -0.16 Jet Kerosene 122.24 0.75 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 25 Nov 18 S$ Bid Offer 1-month 1.2457 1.2466 2-months 1.2456 1.2465 3-months 1.2456 1.2465 6-months 1.2452 1.2462 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      65 25 Nov-15 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1745.25 1745.50 3 months 1791.00 1791.00 Copper, Grade A(US$/tonne) Cash 7000.25 6989.25 3 months 7010.00 6992.00 Lead(US$/tonne) Cash 2075.25 2074.00 3 months 2096.00 2095.50 Nickel (US$/tonne) Cash *****.25 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 25 As at 9am Nov 18 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.194 1.138 Can dollar 1.216 1.170 Euro 1.719 1.638 Sterling pound 2.046 1.968 NZ dollar 1.063 1.023 US dollar 1.271 1.211 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      157 25 Nov 18 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.12 US$ 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
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  • PROPERTY
    • Article, Illustration
      Lock icon Will Olympics boost Japan’s property market?
      876 26  -  Abenomics sets stage for recovery and demand for real estate could rise too By CHRISTINE TOKUJI MURATA, CHRISTINE LI The writers are adviser for Japan Business Development Unit at OrangeTee, and the head of research and consultancy at OrangeTee, respectively. SINCE Tokyo was selected
      Source: IPD, OECD, OrangeTee Investments; Source: MLTI, OrangeTee Investments  -  876 words
    • Article
      Lock icon Rapid rise in Dubai rents rattling expatriates
      879 26 Legal disputes over leases jump as property market rebounds Bloomberg [DUBAI] Sarah El-Said is relocating for the fourth time since coming to Dubai from New Jersey in 2008. The mother of two and her husband will pay 43 per cent more for a
      Bloomberg  -  879 words
    • Article, Illustration
      Lock icon China home prices jump, led by Guangzhou, Shenzhen
      778 27 Oct new home prices in 4 major cities soar by up to 21%, raising fears of a bubble Bloomberg [BEIJING] New home prices in China’s four major cities rose the most since January 2011, raising concerns of a bubble as home buyers
      Bloomberg; PHOTO: REUTERS  -  778 words
    • Article
      Lock icon Two-thirds of buyers are from S-E Asia and HK, says UK Reit
      408 27 LONDON HOMES Bloomberg [SINGAPORE] Two-thirds of new London homes sold before completion are being purchased by South-east Asian buyers, according to Land Securities Group Plc, the UK’s largest real estate investment trust. Singaporeans account for a third of
      Bloomberg  -  408 words
    • Article, Illustration
      Lock icon Asking prices drop this month on seasonal factors
      354 27 Bloomberg [LONDON] London asking prices for homes fell in November after a 10 per cent jump last month as government measures to boost demand failed to offset the seasonal pre-Christmas decline, Rightmove plc said. Values dropped 5 per cent, or £26,956, to
      Bloomberg; PHOTO: BLOOMBERG  -  354 words
  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 2
      164 26 "*5lii Smart Learning for the Future of Asia THE STRAITS TIMES AEXTEACHERS FORUM 22 November 2013 Singapore EXPO Hall 2 1 1 pm 4.30pm S$180 nett (1 day pass is valid from 9am 5pm and permits entries at other conference sessions) The News IN Authentic Learning News stories have long
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      18 26 SINGAPORE’S HIT MUSIC STATION -STOP HU MUSIC WITH JJ WEEKDAYS10AM-4PM mr fM W- 3 D facebook.com/hotfmsg @hotfmsg www.hotfm.sg
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      Lock icon Page 26 Advertisements Column 4
      47 26 HOT PROPERTY an office. 43l AN sf L p rj EXCLUSIVE bath nanfn/ Privac V' own Low P t y aircon MRT. OFFICE SPACE FOR RENT Check this and many other properties in CATS Classified in The Straits Times now! WATS BUY IT* SELL IT* FIND IT
      47 words
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      204 27 tth Located within the prestigious enclave of Vicinity Lies this beautiful 15,500 sqft modem contemporary Good Class Bungalow. Featuring 6 spacious rooms and unblocked views of the greenery, this house awaits the astute buyer. View Nowlif *****480 *****269 REALSTarV Rena Lee Faith Teo /L Lie no: R*****1G Lie no: R*****6A
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      Lock icon Page 27 Advertisements Column 2
      309 27 KnightFrank.com.sg W* Knight *4 Frank FREEHOLD ROW OF SHOPHOUSES REDEVELOPMENT SITE AT BALESTIER EXPRESSION OF INTEREST Closing Date: 10th December 2013 (Tuesday) at 3pm Boon Keng Kallang x SUBJECT PROPERTY rm Bendemeer Mall Approximately 500m to Farrer Park MRT station and upcoming Connexion Residential with Commercial at 1st storey, GPR
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  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      90 28 "To me, insurance should be a source of comfort, not confusion." We couldn't agree more! With easy to understand products supported by experienced financial professionals, Zurich provides you with a clear and defined procedure so you understand every detail of your insurance plan. Zurich. Putting the "sure" in insurance. Call
      90 words