The Business Times, 17 December 2013

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Microfilm: NL32903
Total Pages: 26
1 26 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, December 17, 2013
    25 words
  • Article, Illustration
    Lock icon Hot stuff: COI report breaks down SingTel blaze
    951 1  -  Fire was caused by employee who had used an unauthorised blowtorch twice as hot as sanctioned one By JOYCE HOOI joyceh@sph.com.sg [SINGAPORE] The fire at SingTel’s Bukit Panjang Exchange in October was caused by a veteran employee who had used an unauthorised
    951 words
  • Article, Illustration
    Lock icon November new home sales show buyers in charge
    775 1  -  By ONG CHOR HAO ongch@sph.com.sg [SINGAPORE] Sales figures for new private homes last month underline a new reality in which location and attractive pricing are the main draws for buyers who are becoming more selective, analysts believe. Data from the Urban Redevelopment
    Source: URA  -  775 words
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      80 1 HOCK LOCK SIEW Penny stock probe: don’t keep market guessing PAGE 7 PROPERTY Tapering of industrial govt land sales PAGE 4 COMPANIES Tigerair partners 3 Asian airlines SME Inc Going faster on fancy wheels PAGE 11 PAGE 5 Markets Digest is on Page 2 ft-T PATEK PHILIPPE GENEVE Begin your
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  • TOP STORIES
    • Article
      Lock icon HSBC’s China PMI down at 3-month low
      422 2 Reading falls to 50.5 from November; lower output offset pick-up in new orders Reuters [BEIJING] Growth in activity in China’s vast factory sector slowed to a three-month low this month as reduced output offset a pick-up in new orders, a preliminary private survey
      Reuters  -  422 words
    • Article, Illustration
      Lock icon Foreigners bet on coal mining in Indonesia
      1051 2  -  Country’s low costs remain a draw amid volatile mining rules By in JEFFREY HUTTON in Jakarta WHEN Vivek Agarwal’s company first bought a licence to explore for coal in Indonesia’s East Kalimantan province, it expected to secure the permits to begin mining in
      PHOTO: REUTERS  -  1,051 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      427 2 Hot stuff: COI report breaks down SingTel blaze THE fire at SingTel’s Bukit Panjang Exchange in October was caused by a veteran employee who had used an unauthorised blowtorch that was nearly twice as hot as the sanctioned one, in a heating practice deemed “outdated, unnecessary and hazardous”
      427 words
    • Article
      Lock icon Gold funds see unprecedented 31% slump
      902 2 Bloomberg [SINGAPORE] Investors are dumping gold-backed ex-change-traded products (ETPs) at the fastest pace since the securities were created a decade ago, mirroring the steepest price drop in 32 years. Holdings in the 14 biggest ETPs plunged 31 per cent to 1,813.7 metric tonnes since
      Bloomberg  -  902 words
    • MARKETS DIGEST
      • Article
        Lock icon FOREX
        65 2 HST INDEX 3,053.77 (-12.25) HST INDEX FUTURES 3,048.00 (-12.00) HSIMSCI 351.84 (-1.48) HSIMSCI FUTURES 351.30 (-1.00) US$ S$ US$ (S$ per US$) 1.256 (US$/S$ per 1.632 2.050 EURO (US$/S$/€ 1.375 1.728 Foreign currency per US$ S$ YEN 102.90 81.90 RM 3.238 2.578 HK$ 7.753 6.173 BAHT 32.03 25.50 RUPIAH
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      • Article
        Lock icon MARKETS
        48 2 Monday Change KL COMP 1,837.88 -2.47 NIKKEI 225 15,152.91 -250.20 HANG SENG 23,114.66 -131.30 SET INDEX 1,328.40 -12.73 JAKARTA COMP 4,125.96 -48.87 MANILA COMP 5,812.54 +45.41 SEOUL COMP 1,961.15 -1.76 SHENZHEN B 873.22 -9.63 MUMBAI IND 20,659.52 -56.06 11am EST Change DOW 15,889.95 +134.59 NASDAQ 4,031.27 +30.30
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      • Article
        Lock icon PRIME RATES
        20 2 SINGAPORE 5.38 MALAYSIA INDONESIA HONG KONG TAIWAN INDONESIA 14.762 TAIWAN 5.036 JAPAN CANADA KOREA 9.33 BRITAIN Source: Bloomberg
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    • Article, Illustration
      Lock icon Industrial GLS for H1 2014 shows tapering
      1076 4  -  12.07 hectares in confirmed list is lowest half-yearly quantum in 2 years GOVERNMENT LAND SALES By KALPANA RASHIWALA kalpana@sph.com.sg [SINGAPORE] The Ministry of Trade and Industry (MTI) appears to be tapering industrial government land sales under the confirmed list for the next half-year
      Source: JTC Corporation  -  1,076 words
    • Article, Illustration
      Lock icon Five sites, yielding 3,000 homes, up for grabs
      990 4  -  One each in Yishun, Sims Drive and Geylang, 2 in Choa Chu Kang are for ECs By MINDY TAN tanmindy@sph.com.sg [SINGAPORE] Five residential sites, estimated to yield about 3,000 homes, will be launched for sale this month, under the H2 2013 Government
      Source: URA/HDB  -  990 words
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      137 3 NARDIN Le Locle Suisse s vVV is '%c H v% 43f n VVw An Ik O s< M ;i *4^v I T A r 'V s :s m u nr f T u I M o *p p r/ p* L >, s I f F 1 s <K \sN>v
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      42 4 ASIA'S LEADING LUXURY YACHTING MAGAZINE K T HOW AVWLABLt OH iPAO ahdro'd B0ATING A SUBSIDIARY OF SPH MAGAZINES PTE LTD Blu Inc Media (HK) Ltd. Tel: 852 2165 2800 Fax: 852 2868 1799 www.bluincmedia.com Enquiry: queries@bluincmedia.com Subscribe at sub@bluincmedia.com l n www.asia-pacificboating.com
      42 words
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      115 4 Provide one-stop business solution to help local SMBs grow. Providing advice, assistance, submission and guidance to SMEs to procure grants from various Government Body Programmes under its various Small Medium Enterprises Schemes. Provide assistance for SME to apply for Maximum Loan Amount Financing from Banking and Financial Institutions. Making Appointment
      115 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Tigerair partners 3 Asian airlines to grow network
      554 5  -  Airline to boost growth in key Asian markets despite poor SE-A showing By LEE MEIXIAN leemx@sph.com.sg TIGERAIR is planning to accelerate business growth in other key Asian markets such as Taiwan, Japan, South Korea, and India, even as its Singapore and South-east
      554 words
    • Article
      Lock icon First oil production in the US for Loyz Energy
      260 5  -  By ANDREA SOH sandrea@sph.com.sg UPSTREAM oil and gas firm Loyz Energy has started its very first oil production, marking a new source of revenue stream. The group said yesterday that a well in North Dakota in the US had reached a
      260 words
    • Article
      Lock icon Scoot, Nok Airlines to establish low-cost carrier
      532 5  -  NokScoot will have initial investment of 2b baht By VIVIEN SHIAO vshiao@sph.com.sg SCOOT, Singapore Airlines’ low-cost subsidiary, has signed a memorandum of understanding with Nok Airlines, a budget carrier owned by Thai Airways, to establish a new low-cost airline to be based in
      532 words
    • Article
      Lock icon Penny stock probe: don’t keep market guessing
      685 7  -  HOCK LOCK SIEW By R SIVANITHY IN ANY discussion with retail trading representatives (TRs) about the current depressed state of penny stocks, the Singapore Exchange (SGX) is invariably singled out as being somehow responsible because of its sudden and unprecedented handling of the
      685 words
    • Article
      Lock icon More forced selling pares Blumont chairman’s stake
      255 7  -  By KENNETH LIM kenlim@sph.com.sg BLUMONT chairman Neo Kim Hock’s stake in the aspiring mining company slipped further amid more bank loan recalls and forced selling of his shares. Mr Neo yesterday informed Blumont that 500,000 of his shares held through various nominees were
      255 words
    • Article, Illustration
      Lock icon CNMC Goldmine declares maiden interim dividend
      553 7  -  No ‘big fat’ payout now as company is still growing: CEO By ANDREA SOH sandrea@sph.com.sg IN spite of a difficult year for gold prices, Catalist-list-ed gold miner CNMC Goldmine Holdings yesterday declared its first dividend. The interim dividend of 0.1 cent a share is
      Source: Bloomberg  -  553 words
    • Article
      Lock icon Investment professionals see a rosier year ahead
      690 8  -  But survey highlights widespread concern over falling global market integrity By MICHELLE QUAH michquah@sph.com.sg INVESTMENT professionals around the world are reporting greater optimism about economic prospects for the coming year, according to the CFA Institute 2014 Global Market Sentiment Survey (GMSS), with optimism
      690 words
    • Article, Illustration
      Lock icon GLP pre-leases park space to Haier
      306 8  -  35,000 sq m of Shanghai logistics park committed By MINDY TAN tanmindy@sph.com.sg GLOBAL Logistics Properties (GLP) has signed a pre-lease agreement with Qingdao Haier Logistics for 35,000 square metres, equivalent to 377,000 sq ft, at GLP Park Liantang in Shanghai, Eastern China. The space
      PHOTO: BLOOMBERG  -  306 words
    • Article
      Lock icon SAC stamps approval on Integrated Reporting
      447 8  -  By MICHELLE QUAH michquah@sph.com.sg THE Singapore Accountancy Commission (SAC), a government statutory board leading the development of the accountancy sector here, has weighed in on the International Integrated Reporting (IR) Framework launched earlier this month. In a statement released to the media yesterday, the
      447 words
    • Article, Illustration
      Lock icon Keppel O&M seals $150m in contracts
      403 8  -  By MALMINDERJIT SINGH msingh@sph.com.sg KEPPEL Offshore Marine (O&M) has secured five contracts worth about $150 million in total, taking its new orders year-to-date to S$7 billion. The projects were secured by Keppel O&M’s subsidiaries, Keppel Shipyard and Keppel Nantong Shipyard (Keppel Nantong), for work
      403 words
    • COMPANY BRIEFS
      • Article
        Lock icon LionGold’s Ballarat mine ups gold output estimate
        126 8 AN updated estimate for LionGold’s Ballarat Gold Mine in Australia has placed the amount of inferred mineral resource there at 411,000 tonnes at a grade of 8.5 grammes per tonne of gold, up from 263,000 tonnes at the same grade that was last
        126 words
      • Article
        Lock icon Centurion sets up trusts, inks Melbourne acquisition deals
        117 8 CENTURION Corporation yesterday announced the establishment of Centurion Melbourne Apartment Trust and Centurion Melbourne Student Village Trust, and inked contracts of sale to acquire RMIT Village student accommodation and adjoining carpark building in Melbourne, Australia. The purchase is expected to be completed
        117 words
      • Article
        Lock icon ICP plans rights issue, share consolidation
        103 8 ICP Ltd plans to undertake a rights offering on the basis of one rights share for every existing share held and a subsequent share consolidation of 10 shares into one share as the electroplating company seeks to diversify into the offshore and marine industries.
        103 words
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      80 5 your body and your appetite for shoppin Feed your mind G. i •*«tt '1 n 3 vv 0 ES0 VyrroHovit j-iriuuiiui ii Boarding pass Discover yourself in Korea Treat yourself to mouthwatering dishes, soul-searching serenity, and shop-till-you-drop therapy. And by showing your Korean Air boarding pass, you’ll get discounts in
      80 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Market still seized by tapering fears
      606 6  -  Index loses 12 points for the day amid thin trading, and 3.6 per cent for the year STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent Participants in the local stock market may well be sick of hearing the word “tapering” but the reality is that tapering
      Source: Bloomberg  -  606 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 6 Dec 16 VALUE CLOSE BT OB/OS -728.00 -23.00 BT CADI -*****.00 -77.00 BT 10-day MA -*****.00 -72.00 FTSE ST Mid Cap 703.06 -2.24 FTSE ST Small Cap 524.81 -0.61 FTSE ST All Share 742.34 -2.72 FTSE ST China Top 193.36 -0.92 FTSE ST China 218.85 -1.27 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      56 6 VOLUME Albedo 570,878,000 Vallianz Hldgs 140,028,000 Otto Marine 99,092,000 Infinio 61,464,000 SingHaiyi 57,463,000 MDR 52,985,000 HanKore 49,887,000 Charisma Energy 40,417,000 Armarda 32,326,000 IPCO Intl 31,162,000 VALUE($) SingTel 70,975,563 DBS Grp 57,839,660 UOB 44,216,610 Keppel Corp 37,913,560 OCBC Bk 31,224,800 Albedo 29,877,037 Vallianz Hldgs 20,198,617 Keppel Land 14,140,330
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 9 1 0 0 0 4 9 1 Manufacturing 36 52 32 5 8 8 41 60 40 Commerce 13 22 19 4 5 4 17 27 23 Tpt/Stor/Comms 16 15 6
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Singapore Banks
        495 6 Deutsche Bank, Dec 16 SINCE US tapering fears started in late May, DBS has outperformed its domestic peers (3-8 per cent) and ST Index (7 per cent) as the bank stands out due to its defensive qualities, such as lower exposure in the more problematic Asean markets. While
        Source: Bloomberg  -  495 words
      • Article
        Lock icon Super Group
        456 6  -  Compiled by KENNETH LIM Dec 16 close: $3.41 UOB Kay Hian, Dec 16 AFTER the 3-10 per cent price increases in October 2013, the initial knee-jerk reaction was an 8 per cent decline in sales volume. However, we understand sales volume has stabilised in November. Super Group remains
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 9,794 9,794 53,307 53,307 Manufacturing 197,933 22,214 220,147 73,393 5,116 78,509 Commerce 51,771 742,841 794,612 37,904 53,894 91,798 Tpt/Stor/Comms 65,933 11,873 77,806 122,217 1,807 124,025 Finance 34,465 70 34,535 145,415 24 145,439 Construction 42,503 45,654
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      115 6 Stock name Close Change CapMallsAsia 1.895 -0.030 CapitaLand 2.950 -0.010 CapitaMall 1.835 -0.025 CityDev 9.510 +0.040 ComfortDelGro 1.930 -0.005 DBS Grp 16.580 +0.020 GLP 2.870 -0.040 Genting SP 1.460 +0.005 Golden Agri 0.540 -0.010 HK Land 5.770 -0.030 HPH Trust US$ 0.645 +0.005 JMH 51.100 -0.290
      115 words
    • Article, Illustration
      Lock icon Dollar drops against euro on rates bets
      509 6 CURRENCIES Bloomberg [LONDON] The US dollar yesterday fell for the first time in three days against the euro as futures traders bet that the Federal Reserve will keep interest rates near zero through next year, even amid speculation that it would cut stimulus
      Bloomberg; PHOTO: BLOOMBERG  -  509 words
    • Article
      Lock icon RISES
      111 6 BY CENTS CLOSE UP Hyflux 6% CPS 10 ***** 40.0 0.4 GLD 10US$ ***** 38.9 0.3 DBXT S&P Short 10US$ 2717 26.4 0.8 DBS Bk 4.7% NCPS 100 ***** 18.0 0.2 Venture Corp 775 15.0 2.0 DesignStudio 49.5 11.0 28.6 Straits Trdg 360 10.0 2.9 SIA 1014 9.0 0.9
      111 words
    • Article
      Lock icon FALLS
      124 6 BY CENTS CLOSE DOWN DBXT MSUSA 10US$ 4384 -121.8 -2.2 DBXT S&P500 10US$ 2910 -50.2 -1.4 DBXT MSCHINA 10US$ 1268 -49.0 -3.0 DBXT DBCBDJUBS 10US$ 2879 -40.2 -1.1 JMH 5110 -36.4 -0.6 Kep Corp.ES.1312 1064 -19.0 -1.8 UOB 2006 -18.0 -0.9 CIMBASEAN40 100S$D 1256 -16.0 -1.3 CIMBAsean40 100US$ 999
      124 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
      5 words
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      Lock icon Page 7 Advertisements Column 1
      476 7 Bureau Veritas expands its construction services business in South East Asia by acquiring CKM Consultants Pte Ltd Singapore, December 5, 2013 Bureau Veritas is pleased to announce the acquisition of 70% of the shares of CKM Consultants Pte Ltd, a company based in Singapore specializing in construction related inspection services.
      476 words
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      Lock icon Page 7 Advertisements Column 2
      90 7 ||i sL ill! r Manna 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 communications technology Take
      90 words
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      59 8 Looking to showcase and sell your Food Products, Cooking Solutions, Kitchen Appliances Accessories? NOW! *****620 or Email: sales@exhibitsinc.com.sg Organised By: Our Food Shows: (Organiser of IT Show, Food Beverage Fair, COMEX, World Food Fair, Consumer Electronics Exhibition and Food Kitchen Show) BLOCK 8, LORONG BAKAR BATU #07-07, S (*****3) TEL:
      59 words
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      52 8 TUV' MWs ACADEMY 2014 Participate in the NO. 1 CHILDREN'S EDUCATION SHOW! Suntec Singapore 6-8 June 2014 111 am 9pm BOOK NOW! Limited Booths available! fa 1 > 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: sphere A
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      117 9 Congratulations to Wilton Resources Corporation Limited On the Completion of a reverse takeover of SGX Catalist-listed Hartawan Holdings Limited by Wilton Resources Holdings Pte. Ltd. About Wilton Resources Corporation Limited: Wilton Resources Corporation Limited (“Wilton” or the “Company”), formerly known as Hartawan Holdings Limited, is a Catalist-listed investment holding company
      117 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon A quiet but fairly productive year
      1048 10  -  Several major schools expand physical presence here while local players venture into Iskandar YEAR IN REVIEW: HIGHER EDUCATION By LEE U-WEN leeuwen@sph.com.sg BY most accounts, it was a relatively quiet but still fairly productive year as far as Singapore’s higher education sector was concerned.
      FILE PHOTOS  -  1,048 words
    • Article
      Lock icon GIC invests US$35m in GDG bonds
      517 10  -  First tranche of Green Dragon Gas bonds comes with with 7% coupon By MICHELLE QUAH michquah@sph.com.sg THE Government of Singapore Investment Corporation (GIC) has subscribed for the first tranche of a convertible bond issue by Green Dragon Gas Ltd (GDG), reportedly one of the
      517 words
    • Article
      Lock icon Competition body seeks answers from 4 Japan firms
      414 10  -  By CHAN YI WEN yiwenc@sph.com.sg FOUR Japanese bearings makers and their Singapore units have allegedly infringed the Competition Act by engaging in anti-compet-itive agreements and unlawful exchange of information in relation to the price of ball and roller bearings sold to customers
      414 words
    • Article
      Lock icon Global patent filings notch fastest growth in 18 years
      940 10 Bloomberg [SAN FRANCISCO] Patent filings around the world have increased at a greater rate in 2012 than at any time in the previous 18 years, according to a report from the World Intellectual Property Organization, a United Nations agency. Filings grew
      Bloomberg  -  940 words
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  • SME Inc
    • Article, Illustration
      Lock icon Going faster on fancy wheels
      1320 11  -  EuroSports Auto, all set for an SGX listing, tells WANG XIN MIN what the Singaporean luxury sports car dealer is all about WANG XIN MIN WHILE Hot Wheels toy cars are symbols of childhood for most young boys, Melvin and Andy Goh, managing director and
      PHOTO: ARTHUR LEE  -  1,320 words
    • Article, Illustration
      Lock icon OSIM and the use of celebrity marketing
      1012 11  -  The strategy has provided a worthwhile return on investment, says the firm’s boss COMMENTARY By KATIE SARGENT ACAR is a car, and a shoe is a shoe, and for Ron Sim, founder of OSIM International, known for its extensive line of massage chairs,
      FILE PHOTO  -  1,012 words
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      65 11 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
      65 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Price targets for BToto up on aborted spinoff
      507 12  -  Holding company discount disappears after business trust listing is scrapped By PAULINE NG in Kuala Lumpur INVESTORS appear impervious to Berjaya Sports Toto’s aborted listing of its business trust in Singapore despite a potential upside of more than a fifth, analysts say.
      507 words
    • Article
      Lock icon Car inspection business set to boom in M’sia
      739 12 Revised car policy in Jan will likely include vehicle scrapping [KUALA LUMPUR] When the government goes ahead with its end-of-life vehicle (ELV) policy for cars, the car inspection business will become a multi-million-dol-lar business as there are almost 12 million vehicles on
      739 words
    • Article
      Lock icon IMF urges Indonesia to continue shoring up its economy
      328 12 Bloomberg [WASHINGTON] Indonesia should continue shoring up its economy to better prepare for when the US Federal Reserve starts reducing monetary stimulus, economists at the International Monetary Fund (IMF) said. Sluggish investment, weaker external demand and higher interest rates mean Indonesia’s
      Bloomberg  -  328 words
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      107 12 4 4 i w w »v w K I i /< i_t tr di in TRADE-IN PRICE SELL YOUR CAR AT SGCARMART.COM V'.Ti, '■'.4 "jf-rfS* 9 i- (S ./<■ 5* kstv --s, Over 2 million potential eyeballs for your car monthly* Free settlement for car loans, insurance, documentation and ownership
      107 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Hukou reform in China slated for next year
      727 13 Beijing hopes to stimulate economic growth in small, mid-sized cities [HONG KONG] China will kick off reform of the permanent residency, or the so-called “hukou”, system nationwide next year, with the government hoping that the move would stimulate economic growth in small
      PHOTO: AP  -  727 words
    • Article
      Lock icon GSK spending US$1b to raise stake in India unit
      274 13 Reuters [MUMBAI] GlaxoSmithKline (GSK) has decided to spend roughly US$1 billion to raise its stake in its Indian pharmaceutical unit, betting on rising demand in emerging markets as sales in developed economies slow due to a wave of patent expirations. With
      Reuters  -  274 words
    • Article
      Lock icon India’s November core inflation soars to 7.52%
      402 13 At a high since Sept 2012, RBI may again raise interest rates AP Bloomberg [MUMBAI] India’s worrisome core inflation rose to 7.52 per cent in November, driven by soaring food and fuel prices, according to government data released yesterday. The highest level in
      AP; Bloomberg  -  402 words
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      170 13 Specialise and distinguish yourself. With our new partnership, it’s possible, Distinguish yourself from the competition. Choose a specialised degree from our new university partner, Edinburgh Napier University, and stay ahead of the game. Edinburgh Napier UNIVERSITY One of the Top 10 UK universities for “getting a job” (The Telegraph, 2012)
      170 words
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  • WORLD
    • Article, Illustration
      Lock icon Japan’s business confidence hits 6-year high: BOJ
      596 14 Quarterly Tankan survey surges to its strongest level since December 2007 AFP [TOKYO] Japanese business confidence has soared to a six-year high, the Bank of Japan (BOJ) said yesterday, underscoring growing optimism among major companies despite a slowd ow n i n t
      AFP; PHOTO: REUTERS  -  596 words
    • Article
      Lock icon Japan online broker gears up for faster trades
      671 14 Move comes ahead of cut in minimum share price increase Bloomberg [HONG KONG] SBI Securities, Japan’s largest online broker, has upgraded its technology in anticipation of faster trading speeds in the world’s second-biggest equity market. SBI purchased a high-speed data feed this
      Bloomberg  -  671 words
    • Article, Illustration
      Lock icon FIRST FAMILY FELICITY
      85 14 [WASHINGTON] US President Barack Obama, his wife Michelle and their daughters Malia (left) and Sasha being greeted by a team of elves made up of former patients of the Children's National Medical Center, when they arrived for the ‘Christmas in Washington’ television benefit programme at the National
      Reuters  -  85 words
    • Article
      Lock icon Aussie deficit swells after spending blowout
      351 14 AFP [SYDNEY] Australian Prime Minister Tony Abbott looks set to abandon an election promise to return the budget to surplus within four years, warning yesterday of “blowout after blowout” in spending. The conservative government is due to deliver its first economic forecasts since winning
      AFP  -  351 words
    • Article
      Lock icon Woodside sale seen as opening for Asian buyers
      903 14 China companies may be interested, says Morningstar Bloomberg [SYDNEY] Royal Dutch Shell Plc’s long-awaited sale of its US$6.4 billion stake in Woodside Petroleum may open the door for Asian buyers to grab a slice of Australia’s second-larg-est oil and gas producer, or
      Bloomberg  -  903 words
    • Article, Illustration
      Lock icon Asia’s buyers to pay more for natural gas
      936 15 While shale gas floods the US, gas demand in Asia has outstripped supply Reuters [PERTH] Asia’s biggest economies face paying twice as much for some natural gas as old supply deals are renewed, with a North American shale glut years from helping
      Reuters; PHOTO: BLOOMBERG  -  936 words
    • Article, Illustration
      Lock icon S Korea in rush to pass 2014 spending bill
      660 15 Reuters [SEOUL] As if brinkmanship is what is required for making decisions, South Korean lawmakers find themselves again in a last-minute rush to pass the government’s 2014 spending bill to avert stunting an economic recovery that is finally gathering steam. Locked
      Reuters; PHOTO: AP  -  660 words
    • Article
      Lock icon London financiers plan low-key Christmas parties
      629 15 With more scandals, they’re wary of further riling public opinion Reuters [LONDON] With an ever-length-ening list of scandals and a number of banks still reliant on the public purse, the 2013 Christmas party season for London’s financiers is about decency over debauchery. Big festive
      Reuters  -  629 words
    • Article
      Lock icon London bank MDs expecting 44% more in bonus
      335 15 Bloomberg [LONDON] Managing directors at banks in London are expecting a 44 per cent rise in bonuses for 2013 even as European authorities seek to scale back compensation, according to a recruiter’s survey. The average bonus for managing directors may increase to
      Bloomberg  -  335 words
    • Article, Illustration
      Lock icon Merkel begins third term bolstered by SPD’s backing
      736 16 Announcement of Cabinet choices ends almost three months of political bartering Bloomberg [BERLIN] Angela Merkel begins her third term as German chancellor this week buttressed by the overwhelming support of her Social Democratic coalition partner and with her veteran finance minister, Wolfgang
      Bloomberg  -  736 words
    • Article, Illustration
      Lock icon Ireland promises end to greed culture
      482 16 AFP [DUBLIN] Prime Minister Enda Kenny vowed that Ireland would never return to a culture of “speculation and greed” as it formally exited an international bailout on Sunday. Ireland is the first eurozone nation to leave its bailout programme, but celebrations were muted as
      AFP; PHOTO: AP  -  482 words
    • Article
      Lock icon Firms using facial recognition scans to help write US guide on usage
      735 16 Bloomberg [WASHINGTON] Facebook Inc, Walmart Stores Inc and other companies planning to use facial-recogni-tion scans for security or tailored sales pitches will help write rules for how images and online profiles can be used. The US Department of
      Bloomberg  -  735 words
    • Article
      Lock icon Ukrainians protest after EU halts partnership talks
      552 16 AFP [KIEV] Nearly 300,000 outraged Ukrainians braved freezing temperatures on Sunday to demand closer Western integration after the European Union abruptly suspended historic partnership talks because of the government’s continued courtship of Russia. The ex-Soviet nation of 46 million people has been at
      AFP  -  552 words
    • Article
      Lock icon Nov industrial output rise a one-year high
      433 17 1.1% increase comes on rebounds in mining and utilities production LATEST US DATA Reuters [WASHINGTON] US industrial production recorded its largest increase in a year in November as mining and utilities output rebounded strongly, in the latest suggestion that the economy is gaining
      Reuters  -  433 words
    • Article
      Lock icon Eurozone recovery ends year on a high
      458 17 Reu ters [LONDON] Eurozone businesses ended the year on a high as new orders surged, but the chasm between a resurgent Germany and wilting France has widened t h i s mon t h showed yesterday. s u r v e y s
      Reuters  -  458 words
    • Article
      Lock icon Share buyback driving up trading on US bourse
      346 17 Bloom berg [NEW YORK] Companies buying their own stock make up more of the US equity market than ever before, underpinning share values even as the Federal Reserve prepares to reduce stimulus. Stock acquired under company repurchase programmes represented 6.4 per cent
      Bloomberg  -  346 words
    • Article, Illustration
      Lock icon Germany should sell Deutsche Telekom stake: adviser
      408 17 Bloomberg [BERLIN] Germany should sell its holding in Deutsche Telekom AG to avoid any conflicts of interest and use the proceeds to accelerate the building of faster communications networks in the country, according to Germany’s Monopolies Commission. “From a regulatory standpoint, and because
      Bloomberg; PHOTO: AFP  -  408 words
    • Article
      Lock icon Market trends that defied forecasts
      832 17  -  Bulls saw 10% but Nikkei, S&P500 rose 49, 27% respectively By NEIL BEHRMANN in London THE vast majority of asset managers are bullish about equities but beware of predictions in the year of wrong predictions. Even the most optimistic forecasters did not predict the extent
      832 words
    • Article, Illustration
      Lock icon Lloyd’s of London appoints first ever female CEO
      186 17 Reuters [LONDON] The Lloyd’s of London insurance market has appointed its first ever female chief executive, to replace Richard Ward who announced he was stepping down from the role in July. Inga Beale, a 30-year industry veteran who was previously head of
      Reuters  -  186 words
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  • Page 16 Advertisements
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      Lock icon Page 16 Advertisements Column 1
      15 16 klSS92 FM place one in great songs the Alt >^\ A 'A Wa mMMm r -d
      15 words
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      Lock icon Page 16 Advertisements Column 2
      48 16 HOT PROPERTY Pi CLUB ST 3RD ci t> advertising 9 media' f Su,ts f,rmscleanses"™*/? 81 ght accent aTe. OXLEY BIZHUB BLK 71 unQ S900k $3k Sa,e OFFICES FOR RENT Check this and many other properties in CATS Classified in The Straits Times now! WATS BUY IT-SELL IT-FIND IT
      48 words
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  • Page 17 Advertisements
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      188 17 MATA NOTICES IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 AND IN THE MATTER OF MANAGEMENTPLUS (SINGAPORE) PTE, LIMITED (Company Registration No, *****8122M) NOTICE OF CREDITORS' MEETING Notice is hereby given that the meeting of creditors in the above matter will be held at 6 Shenton Way, OUE Downtown
      188 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Obama must make the case for freer trade
      454 18 EDITORIAL ACCORDING to recent reports, US congressional negotiators have reached a deal on the Trade Promotion Authority (TPA) legislation aimed at speeding approval of international trade agreements, including a major trade pact with the Asia-Pacific economies that the Obama administration now hopes
      454 words
    • Article, Illustration
      Lock icon Luxury of ‘muddling through’ the US budget
      772 18  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THE United States budget package crafted by Democratic Senator Patty Murray and Republican Representative Paul Ryan heads of the Senate and House Budget committees –recalls political scientist Charles E Lindblom’s famous 1959 essay,
      The Washington Post Writers Group  -  772 words
    • Article, Illustration
      Lock icon The US needs to lead the way in the TPP
      1171 18  -  Members unlikely to meet deadline but progress has been made in difficult areas By D RAVI KANTH The writer is a Geneva-based journalist who specialises in trade issues. TRADE ministers of the 12 Trans-Pacific Partnership (TPP) countries last week completed
      PHOTO: AFP  -  1,171 words
    • Article, Illustration
      Lock icon The new politics of urban India
      1801 19  -  The dispiriting result for Congress in 4 big state elections reflects some of the key social and demographic changes By ROBIN JEFFREY RONOJOY SEN The writers are, respectively, visiting research professor and senior research fellow at the Institute of South Asian Studies, National University
      PHOTO: REUTERS  -  1,801 words
    • Article, Illustration
      Lock icon Why the UK is growing faster than the eurozone
      427 19  -  By IAN CAMPBELL Reuters Ipl REUTERS BREAKINGVIEWS British growth is forging ahead of the eurozone’s. UK austerity has been more effective, the pound is cheap, the housing market suddenly all too lively. But British simplicity also helps. A Germanically strong euro
      Reuters; Ipl REUTERS BREAKINGVIEWS; PHOTO: BLOOMBERG  -  427 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Boeing turns up juice in tussle with Airbus
      1174 20 Counter-offensive campaign strikes home with US$6.5b Air Canada deal Reuters [PARIS/SEATTLE] A few months ago, Boeing Commercial Airplanes chief executive Ray Conner launched an internal campaign to urge the company’s staff to fight for every sale following a series of defeats to
      Reuters; PHOTO: REUTERS  -  1,174 words
    • Article
      Lock icon Emirates rules out throwing financial lifeline to Qantas
      267 20 AFP [SYDNEY] Emirates president Tim Clark said that he is carefully watching developments at alliance partner Qantas, but ruled out throwing a financial lifeline to the embattled Australian flag carrier, in comments reported yesterday. Earlier this month, Qantas forecast a half-year loss
      AFP  -  267 words
    • Article
      Lock icon More taking to electronic bills of lading
      731 20 CargoDocs creator ESS says e-documents based on secure Internet system Reuters [LONDON] When importing a single piece of cargo by sea requires an average of 36 original documents and 240 copies from 27 parties, the only wonder is that it has taken so
      Reuters  -  731 words
    • Article
      Lock icon TRANSPORT STOCKS
      246 20 SGX '000 Dec 16 S$ +/-Vol Ch Offshore '000 Chuan Hup Hldg 0.26 unch 5 Cosco Corp 0.75 0.01 3489 Cwt Limited 1.29 -0.01 308 Vol First Ship Lea unch unch 0 Grand Banks 0.21 -0.01 2 Jaya Hold Ltd K1Ventures.................0.19 unch 226 Keppel Corp 10.62 -0.14 3559
      246 words
    • Article, Illustration
      Lock icon AirAsia X to sign ‘major’ Airbus plane order
      322 20 Bloomberg [HONG KONG] AirAsia X Bhd, the long-haul arm of Asia’s largest low-fare carrier, said that it will sign a “major” Airbus SAS plane order in Paris this week to expand its fleet amid rising travel demand. An announcement is tentatively scheduled
      Bloomberg; PHOTO: BLOOMBERG  -  322 words
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  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      329 20 CRYPTIC CROSSWORD Across 1 Pretend hoarding gold is strange (7) 9 Querulous and demanding talent up for modelling (8) 10 Allowance from crown included in dispatch (7) 11 Feature of country walks by the walls of Broadmoor (8) 12 A way of working on board ship before a tasty snack
      329 words
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  • Article
    Lock icon Shipping Times
    1304 21 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
    1,304 words
  • Page 21 Advertisements
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      50 21 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
      50 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3135 22 Transaction date: Dec 16 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 Last Sale Vol Day Last Quote ('000) High Low Buyer Seller Div Gr Yld C'vr 188 106
      3,135 words
    • Article
      Lock icon SGX CATALIST
      234 23 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
      234 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11488 23 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.48/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Asian Smaller Cos!” 1 8815/ China Opportunities! FM local Ccy Bond 0 8959/ European Opportunities!" 1 2464/ Global Emerging Markets'”
      11,488 words
    • Article
      Lock icon GLOBALQUOTE
      249 23 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 32.5 Genting HK US$ US40 -1 ***** 41 39.5 40 40.5 2633.8 Sale 318 191 TanChongInt HK300 -2 30 300 300 296 302 4.3 2.3
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    • Article
      Lock icon SGX ETF
      875 23 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 143 125 CIMB APAC Div 100S$D 125 123.8 124.7 114.4 99.2 CIMB APAC Div 100US$ US99.7 98.5 99.2 10.5 1510 1192 CIMBASEAN40 100S$D 1256 -16
      875 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      705 24 Dec 16 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.35 *****.35 *****.13 Mar14 *****.00 *****.00 *****.00 *****.00 *****8 *****5 Jun14 *****.00 *****.00 *****.00 *****.00 3 1755 MSCI TAIWAN INDEX FUTURES SPOT 293.86 293.91 291.95 Dec13 294.20 294.30 291.30 291.80 ***** *****7 Jan14 293.00
      705 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 24 In local curr In S$ In US$ dy yr dy yr dy yr Dec 13 Index Change Change Change Change Change Change World Preliminary 1132.9 0.0 20.8 -0.1 21.9 -0.1 18.6 EAFE Preliminary 909.6 -0.1 17.4 -0.2 16.6 -0.2 13.4 Europe Preliminary 1285.4 -0.1 12.0
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 24 Dec 16 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.947 5.436 0.651 6.940 55.533 108.547 0.921 9.412 2.898 1.081 95.909 39.521 1.124 9.231 0.795 26.565 28.668 0.548 0.895 Canada 1.056 5.738
      471 words
    • Article
      Lock icon SIBOR
      40 24 Dec 16 (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.***** 3 mths Source: Thomson Reuters
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    • Article
      Lock icon GOVERNMENT SECURITIES
      86 24 Dec 16 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****F 13-Jun-14 0.28 1-Year BY*****T 31-Oct-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-16 101.55 5-Year N*****0T 0.5 01-Apr-18 98.31 98.42 98.40 10-Year NX*****H
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    • Article
      Lock icon PRECIOUS METALS
      136 24 Dec 16 GOLD(US$/oz) Dec 16 Dec 13 Hong Kong 1242.00 1237.00 Dec 13 Dec 12 London 1235.50 1229.50 1236.50 1230.50 Source: Thomson Reuters CAST BAR Dec 16 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 112 50 5gm 317 248 10gm 566 496
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    • Article
      Lock icon PALM OIL
      59 24 Dec 16 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 14 2536.0 2541.0 2546.0 2515.0 1084 ***** Feb 14 2560.0 2568.0 2573.0 2540.0 8150 ***** Mar 14 2567.0 2580.0 2584.0 2550.0 ***** ***** Apr 14 2568.0 2583.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 24 Dec 16 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1236 1.1249 0.8948 0.8953 Canadian dollar 1.1863 1.1874 0.9451 0.9447 Euro 1.7270 1.7282 1.3753 1.3755 NZ dollar 1.0398 1.0411 0.8281 0.8286 Sterling pound 2.0493 2.0508 1.6320 1.6323
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 24 Dec 13 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 14 1327.50 1323.75 1328.00 1312.25 Mar 14 1313.75 1311.50 1314.75 1299.25 May 14 1297.00 1295.00 1298.00 1284.25 Jul 14 1284.00 1283.25 1284.75 1272.75 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 13
      109 words
    • Article
      Lock icon LIFFE
      94 24 Dec 13 COCOA (£/tonne) Close Prev High Low Mar 14 1767 1769 1777 1760 May 14 1758 1762 1768 1751 Jul 14 1747 1752 1758 1741 Sep 14 1743 1746 1753 1737 COFFEE(US$/tonne) Close Prev High Low Jan 14 1816 1821 1850 1775 Mar 14 1799 1775 1813 1760
      94 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1095 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 20 0.0 5 -82 55 Asia-Pacific Strategic W*****6 Ratio Exer Price Ascendas Reit MB ECW*****3 Disc Asiatic Grp(Hldgs) Ltd W*****5 2.3 0.0 2 21 Asiatravel.com HoldingsW*****7 0.3 1
      1,095 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 24 CRUDE OIL PRODUCTS Dec 13 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.93 -0.84 WTI (Near Mth) 96.54 -0.88 Dubai (1-Mth F) 104.94 -1.06 Tapis blend 113.71 -0.80 Minas 107.51 -0.80 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 106.47 -0.06 Jet Kerosene 125.24 -1.37 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Dec 16 S$ Bid Offer 1-month 1.2557 1.2564 2-months 1.2556 1.2563 3-months 1.2556 1.2563 6-months 1.2552 1.2560 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 24 Dec-13 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1755.25 1748.60 3 months 1799.00 1791.00 Copper, Grade A(US$/tonne) Cash 7276.50 7240.50 3 months 7255.00 7226.00 Lead(US$/tonne) Cash 2133.00 2108.50 3 months 2150.00 2126.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.50 *****.00 3 months *****.00
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 24 As at 9am Dec 16 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.148 1.094 Can dollar 1.207 1.161 Euro 1.766 1.682 Sterling pound 2.084 2.004 NZ dollar 1.060 1.020 US dollar 1.281 1.220 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      161 24 Dec 16 $S Offer Bid 0vernight 0.02 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.07 US$ Offer Bid 7 days 0.20 0.10 1 month 0.30 0.15 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
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  • PROPERTY
    • Article, Illustration
      Lock icon London house price growth to slow in 2014
      475 25 Rightmove cites proposed tax on property sales by overseas owners Bloomberg [LONDON] The London housing market will cool next year as a proposed tax on property sales limits demand from overseas buyers, Rightmove Plc said. Asking prices in the capital will increase
      Bloomberg; PHOTO: REUTERS  -  475 words
    • Article
      Lock icon Cameron’s hometown booms as easy finance raises prices
      1362 25 Nov house prices climb in all of the UK’s regions for first time in over 6 years Bloomberg [LONDON] Peter Saunders had to stretch his resources to buy a house this year in UK Prime Minister David Cameron’s constituency town of Witney,
      Bloomberg  -  1,362 words
    • Article, Illustration
      Lock icon Investors led by Carrefour in huge land grab
      721 26 The purchase adds malls spanning 476,000 sq m in France, Spain, Italy Bloomberg [PARIS] Carrefour SA joined a group of institutional investors to buy 127 European shopping malls in a 2 billion-euro (S$3.46 billion) transaction that gives the retailer more control of
      Bloomberg; PHOTO: BLOOMBERG  -  721 words
  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      97 25 Australian Property Finance Have you recently bought an Australian property and need a loan to complete the transaction? Already own and want to ensure you have the best loan? CONTACT SPECIALIST MORTGAGE HERE IN SINGAPORE FOR FREE IMPARTIAL ADVICE TO REVIEW ALL OF YOUR OPTIONS. Web www.smats.net Email smats@smats.net 10
      97 words
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      Lock icon Page 25 Advertisements Column 2
      77 25 SAMSUNG HUB Prime CBD Office 999-year land tenure Strata Area: Approx. 2,906 3,143 3,186 3,875 sq ft Column free regular layout for design flexibility Near to Raffles Place (240m) and upcoming Telok Ayer (170m) MRT Banks, F&B and amenities in the immediate surroundings Excellent car-parking provisions with 177 lots Gross
      77 words
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      Lock icon Page 25 Advertisements Column 3
      111 25 (HD) LaSalle EUNOSVILLE For Sale By Tender Real value m a changing world Rare development opportunity with panoramic views Low Rise Area BEDOK Rise Area Ave Siros v '<ew Vista CVAan9l3^ Low Area a^rAde ARK MARI A Site Area 376,713 sf, Plot Ratio 2.8 Only 90m to Eunos MR! Station
      111 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      261 26 I heard that prices for International Plaza has soften recently. Wow, with Singapore Property Watch, I am now able to compare recently transacted prices of offices nearby! I managed to find out the recent profitable transactions with Singapore Property Watch. IK 111 IS Hi is .ilifSEIi sui sum s r
      261 words