The Business Times, 21 December 2013

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 40
1 16 The Business Times
  • 20 1 weekend THE BUSINESS TIMES www. usinesstimes.com. g DECEMBER 21-22, 2013 S$1.00 MCI (P) 086/08/2013 spi A SINGAPORE PRESS HOLDINGS PUBLICATION
    20 words
  • 24 1 PROFITABLE DEAL AUSTRALIA’S Telstra is selling its stake in Hong Kong mobile operator CSL for US$2.425 billion. 2
    24 words
  • 22 1 JAPAN STIMULUS THE Bank of Japan yesterday resolved to stand firmly behind its aggressive monetary easing programme. 3
    22 words
  • 28 1 CHANGI ATTRACTION PROJECT Jewel, aimed at adding some glitz to Changi Airport when it is launched by end-2018, will cost $1.47 billion. 4
    28 words
  • 27 1 FOREX RIGGING BANKS are racing to betray their competitors to avoid possible EU fines for rigging foreign exchange markets. 19
    27 words
  • 30 1 IN THE RED BLACKBERRY struck a five-year deal with Foxconn Technology to manufacture its devices, following another quarterly plunge in sales and mounting losses.| 20
    30 words
  • 806 1  -  New taxes and levies unlikely to cut interest dramatically By Ong Chor Hao ongch@sph.com.sg Singapore INGAPORE investor interest in overseas property is unlikely to change drastically because of a recent string of measures introduced by governments abroad on foreign investors, market watchers said. The
    806 words
  • 979 1  -  YEAR IN REVIEW: CAR INDUSTRY By Samuel Ee samuelee@sph.com.sg Singapore AFTER being hit by soaring Certificate of Entitlement (COE) premiums and a slew of regulatory changes, buyers and sellers of cars here have to adjust to a new normal. And that includes
    979 words
  • Page 1 Advertisements
    • 33 1 the the DEAN MOTORING The handsome Opel Cascada l14 COMPANIES TWG eyes annual sales of $1b 6 the raffles conversation DEAN OF ESSEC BUSINESS SCHOOL 8-9 LIVING Best worst food trends 2013 L2-5
      33 words

  • TOP STORIES
    • 653 2  -  Sale to HKT gives Telstra A$600m profit on CSL’s book value By Joyce Hooi joyceh@sph.com.sg Singapore AUSTRALIA’S Telstra is selling its stake in Hong Kong mobile operator CSL in a deal that will bring in proceeds of about A$2 billion (S$2.26
      653 words
    • 439 2 latest us data Reuters Washington THE US economy grew at its fastest pace in almost two years in the third quarter while business spending was stronger than previously estimated, pointing to some underlying strength that should be sustained. Gross domestic product (GDP) grew at
      Reuters  -  439 words
    • MARKETS
      • 59 2 GSTI 3,094.48 (+24.25) GSTI FUTURES 3,095.00 (+25.00) GSIMSCI 356.13 (+3.42) GSIMSCI FUTURES 355.60 (+3.20) STOCKS Friday Change KL COMP 1,838.03 -8.15 NIKKEI 225 15,870.42 +11.20 HANG SENG 22,812.18 -76.57 SET 1,342.72 -3.91 JAKARTA 4,195.56 -36.42 MANILA 5,835.13 -87.99 KOSPI 1,983.35 +7.70 SHENZHEN B 849.47 -10.86 MUMBAI IND 21,079.72 +371.10
        59 words
      • 29 2 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.750 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.50 INDIA 14.75 Source: Bloomberg
        29 words
      • 50 2 FOREX US$ S$ US$ (S$ per US$) 1.267 (US$/S$ per 1.634 2.071 EURO (US$/S$/€ 1.363 1.727 Foreign currency per US$ S$ YEN 104.40 82.40 RM 3.283 2.591 HK$ 7.755 6.121 BAHT 32.64 25.77 RUPIAH 12,238 9,660 RENMINBI 6.072 4.793 INDIAN RUPEE 62.20 49.09 A$ 1.127 0.890 NZ$ 1.220 0.963
        50 words
    • 671 3  -  Yen looks set to slide further with a quicker flow of funds out of Japan and into the US By Anthony Rowley btworld@sph.com.sg Tokyo THE Bank of Japan (BOJ) yesterday resolved to stand firmly behind its aggressive monetary easing programme, virtually guaranteeing a further downward
      PHOTO: AFP  -  671 words
    • 885 4  -  He comes across as an authoritarian, a political conservative, an economics reformist YEAR IN REVIEW: CHINA By Virginie Mangin btworld@sph.com.sg Beijing A LITTLE more than a year ago, analysts, political observers and high-ranking officials could do little more than guess who China’s new leader
      PHOTO: AFP  -  885 words
    • 1012 6  -  1 0-year plan begins with a focus on Asia and a tea school to educate employees and members of the public By Chuang Peck Ming peckming@sph.com.sg Singapore TWG Tea has grown from a $1 million to a $55 million-a-year business in five
      PHOTO: JOSEPH NAIR  -  1,012 words
    • 1110 7 Britain will issue its first polymer note, a ‘fiver’, in 201 6 with the £1 0 version appearing a year later NYT Ottawa IT took only 900 years, but paper money is fading away. As a new technology, plastic bank
      NYT; PHOTO: BLOOMBERG  -  1,110 words
  • Page 2 Advertisements
    • 49 2 CONTENTS NEWS Top Stories 2-7 Raffles Conversation 8-9 Companies 10-13 S’pore Markets 12 Singapore 14-16 World 17-20 Stocks Stats 21-25 Perspective 26-27 Crosswords 27 Wealth 28-31 LIVING Dining L2-5 Design L6-7 Home Garden L8-9 Christmas L10-11 Travel L12 Beauty/Wellness L13 Motoring L14-15 Golf L16 Househunt 30 Real Estate 31
      49 words

  • Page 3 Advertisements
    • 19 3 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements WATS NOTICES CLA/FEB1 1/g
      19 words
    • 196 3 Zik The Headphone Bar Parrot Beyerdynamic KEF Ultimate Ears Denon Harman Kardon AKG Klipsch Grado Shure Dissatisfied with existing karaoke system? Please come and try out the latest Tagnngqy (UK) Karaoke System. Zikmu i Zikmu Now: $2,688 i ,:s i leries ARCK" Parrot Wireless Series Subsidiary Company ONE LIVING BESPOKE
      196 words




  • Page 7 Advertisements
    • 576 7 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TULLETT LIBERTY (OIL ENERGY) PTE. LTD. (Registration No. *****1799R) (IN MEMBERS’ VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING (Pursuant to Section 308(2)) TAKE NOTICE that a meeting of the shareholders of the abovenamed Company will be
      576 words

  • THE RAFFLES CONVERSATION
    • 2468 8 / 9  -  Jean-Michel Blanquer, dean of French business school ESSEC Asia-Pacific, aims to nurture a new breed of decision-maker for a complex world. By Teh Shi Ning By Teh Shi Ning tshining@sph.com. sg ON any given morning, the dean of ESSEC Business School can be found reading a
      PHOTO: ARTHUR LEE  -  2,468 words

  • COMPANIES
    • 451 10  -  Move will transform the company into a Malaysian property development firm By Lee Meixian leemx@sph.com.sg Singapore HISAKA Holdings has signed a conditional agreement to buy Regal International in a $127.3 million reverse takeover deal that would transform the automation solutions provider into
      451 words
    • 781 10 Bloomberg Singapore THAI billionaire Charoen Sirivadhanabhakdi is getting support in the bond market for his plan to reorganise Fraser and Neave Ltd (F&N), a maker of beverages, books and luxury condos. The 130-year-old Singapore conglomerate, which Mr Charoen bought this
      Bloomberg; PHOTO: BLOOMBERG  -  781 words
    • 216 10 Singapore RELIGARE Health Trust (RHT) has entered into forward currency hedging contracts for its estimated incoming Indian rupee cashflow for the year ending Dec 31, 2014. Religare Health Trust Trustee Manager has completed its currency hedging for the estimated incoming Indian rupee
      216 words
    • 416 11  -  Nuke on track to become one of Singapore’s top five campaigns By Jacquelyn Cheok jaccheok@sph.com.sg Singapore IN just 16 days, Singapore-based eyewear start-up Nuke Optics has raised over US$19,400 via global crowdfunding platform Indiegogo for its Nuke Venom the world’s first screwless
      416 words
    • 486 11  -  By Nisha Ramchandani nishar@sph.com.sg Singapore SINGAPORE Airlines (SIA) has acquired a 7.3 per cent stake in Tiger Airways from Temasek Holdings, taking its stake in the budget carrier to 40 per cent from 32.7 per cent.
      486 words
    • 257 11  -  By Felda Chay feldac@sph.com.sg Singapore CATALIST-LISTED International Healthway Corporation (IHC) has appointed Marriott International as the manager of the serviced apartments that will form part of its 33-storey integrated mixed-use development located in the Kuala Lumpur City Centre (KLCC). Kuala Lumpur’s Marriott Executive
      257 words
    • 607 12  -  STOCKS R Sivanithy sivan@sph.com.sg Senior Correspondent THE United States Federal Reserve’s surprise decision to start tapering its QE3 bond-buying programme was the main feature of the week just past as it led to a “relief rally” on Wall Street which pushed the major US
      607 words
    • Business briefing
      • 66 12 MARINE service provider Swissco Holdings has won three charter contracts worth a total of $15.2 million for its vessels. Its offshore support vessel will be deployed in the Middle East for three years with a sale and purchase option exercisable after the charter
        66 words
      • 73 12 TRITECH Group has decided to list its subsidiaries in the limestone business Terratech Resources Pte Ltd and CEP Resources Entity Sdn Bhd on Catalist. “The company has appointed certain of the relevant professional parties in respect of the proposed listing, who will be proceeding
        73 words
      • 103 12 A UNIT of Sino Construction SC Building Construction Pte Ltd (SCBC) has received a letter of intent for the award of a building and construction contract for a mixed commercial development and bus terminal project in Kota Kinabalu, Sabah. The letter of intent was
        103 words
    • 255 12 VOL CLOSE Char i sma Energy 355 CLOSE 519 7 .0 0 .5 7 .7 HanKore 310 0.5 146 8 .2 0 .8 1 0 .8 S I I C Env 261 10.8 920 17 .8 2 .5 1 6 .3 Otto Mar i ne 1 68
      255 words
    • 110 12 Stock name Close Change CapMallsAsia 1.905 +0.005 CapitaLand 2.960 CapitaMall 1.860 +0.040 CityDev 9.520 +0.020 ComfortDelGro 1.975 DBS Grp 16.76 +0.170 GLP 2.860 -0.010 Genting SP 1.465 +0.015 Golden Agri 0.530 HK Land 5.800 +0.040 HPH Trust US$ 0.645 +0.015 JMH 51.50 -0.230 JSH 31.50 -0.500 Jardine C&C
      110 words
    • 60 12 BY CENTS CLOSE UP Jardine C&C 3460 60.0 1.8 UOB 2068 33.0 1.6 Lyxor Europe 10 US$ 1496 26.6 1.4 Great Eastern 1768 25.0 1.4 DBXT E50 10US$ 5039 24.1 0.4 DBS Bk 4.7% NCPS 100 ***** 19.0 0.2 DBS Grp 1676 17.0 1.0 SIA 1020 17.0 1.7
      60 words
    • 62 12 BY CENTS CLOSEDOWN Lyxor ThaiSET 10US$ ***** -115.3 -0.8 GLD 10US$ ***** -77.3 -0.5 DBXT S&P Short 10US$ 2657 -76.0 -2.2 Lyxor China H 10US$ 1416 -68.4 -3.7 JSH 3150 -63.3 -1.6 DBXT FTChina25 10US$ 2910 -50.7 -1.4 JMH 5150 -29.1 -0.4 DBXT MSJAP 10US$ 4607 -27.9 -0.5
      62 words
    • 353 12 Reuters Hong Kong EQUITY capital markets in the Asia-Pacific ex-Japan region shrank for a third consecutive year in 2013, hurt by a downturn in India and slower activity in mainland China. The overall decline contrasts with a rebound in IPO issuance
      Reuters  -  353 words
    • 674 13  -  The development will boost airport’s capacity and cement its position as a leading air hub By Nisha Ramchandani nishar@sph.com.sg Singapore PROJECT Jewel, the mixed-use development aimed at adding some glitz to Changi Airport when it is launched by end-2018, will cost $1.47 billion
      674 words
    • 235 13  -  By Arthur Lee arthurl@sph.com.sg Singapore CASH flow is the life blood of any business, especially for many SMEs. DBS’ QuickCollect Service allows SME customers to drop off cheques, trade documents and remittance applications at DBS’ mobile van
      PHOTO: ARTHUR LEE  -  235 words



  • Page 13 Advertisements
    • 141 13 FIABCI Prix d Excellence Award 2013 sinaran I-* i i .n. m I m Mr' t. EBBBBi The penthouses of Soleil Sinaran embody the very finest in ultimate luxury living. The desirability is further heightened by the rarity of these 5-bedroom single storey penthouses, each spanning over 4,700sq ft. Located
      141 words

  • SINGAPORE
    • 319 14  -  Also at Changi, it will add 228,000 cu m to S’pore’s daily water supply By Chan Yi Wen yiwenc@sph.com.sg NATIONAL water agency, the Public Utilities Board (PUB), is inviting local and international companies to submit proposals for the construction of the second
      319 words
    • 396 14  -  By Nisha Ramchandani nishar@sph.com.sg THE Singapore Tourism Board (STB), Competition Commission of Singapore (CCS), JTC Corporation (JTC) and the Agency for Science, Technology and Research (A*Star) will all see changes to their boards on Jan 1. In a press release
      FILE PHOTOS  -  396 words
    • 591 15  -  They join the 53 who have been repatriated; 200 others to be issued police advisories tomorrow RIOTING IN LITTLE INDIA By Malminderjit Singh msingh@sph.com.sg A TOTAL of 57 foreign workers have been issued immigration removal orders for their involvement in the Little India
      591 words
    • 352 15  -  Project will also have office space and a retail centre By Mindy Tan tanmindy@sph.com.sg MAPLETREE Investments plans to develop a modern high-specification industrial facility with office space and a retail centre on the B2-White plot at Tai Seng that it clinched from
      352 words
    • 475 16  -  Groups gave jobs to needy, services to wider community By Grace Leong gleong@sph.com.sg NINE social enterprises were honoured yesterday at the 2013 President’s Challenge Social Enterprise Award for not only providing jobs to the needy and disadvantaged but also services to the wider community including
      FILE PHOTO  -  475 words
  • Page 14 Advertisements

  • Page 15 Advertisements
    • 15 15 Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices NOTICES ICLA/FEBII/g
      15 words
    • 259 15 FREE Body Scrubs or Body Washes with every massage Massages priced from S$25 (20 mins) onwards come with natural, organic bath and body products worth S$18.30 and above Venue:Chop!Chop! Massage Express, 8A, Marina Boulevard #B2-73, Marina Bay Link Mall, Singapore *****4 Tel: (65) 6834 3108 Website:www.chopchop.com.sg Promotional offers: Purchase a
      259 words

  • Page 16 Advertisements
    • 125 16 ILUDING ■WSPAPE1 (ipj* Ta/> j' ipf &> E ■CEIVI C0UP01 Have Yourself A Christmas Treat' Step3 Kps TRA SPf” $<*- W1N N BR Theresa Heng has won a Macbook An S^PTOSSooc. HEU0K 'sis«s R VVOJ i a Heilo'jCitfv sV^ 6 Gare *h Sandwich Mater HAVE YOURSELF A CHBISTMAS TREAT! Promotion
      125 words

  • WORLD
    • 666 17 Cost of hundreds of millions of dollars hangs over heads of those found responsible Reuters San Francisco THE theft of credit and debit card data from 40 million Target Corp customers could end up costing hundreds of millions of dollars, but
      Reuters; PHOTO: AFP  -  666 words
    • 506 17 Reuters New York SHAREHOLDER activism, economic uncertainty and regulatory interventions were a drag on mergers and acquisitions (M&A) in 2013, and dealmakers cautioned that these factors could keep growth relatively slow next year. Global M&A volume fell 2 per cent
      Reuters  -  506 words
    • 409 17 AFP New Delhi INDIA angrily brushed aside fresh efforts by the United States yesterday to defuse a row over the arrest and strip-search of one of its diplomats, warning Washi n g t o n t h a t“ t i mes h
      AFP  -  409 words
    • 582 18 InterDigital plans to appeal findings by an American trade body in patent suit against Nokia, Huawei and ZTE Bloomberg Washington INTERDIGITAL Inc, the mobile phone design company that said its executives were threatened for pursuing pa-tent-infringement claims against one of China’s largest telecommunications
      Bloomberg; PHOTO: BLOOMBERG  -  582 words
    • 426 18 Reuters Washington CHINESE companies faced the most scrutiny over their US acquisitions last year, eclipsing British firms for the first time, according to a report. Corporations from China filed 23 notices with US regulators in 2012, up from 10 in 2011 and nearly quadruple
      Reuters  -  426 words
    • 649 19 EU offers to waive penalties for the first to snitch on any cartel and give a discount of up to 50% for the next Bloomberg Brussels BANKS are racing to betray their competitors to avoid possible European Union fines for rigging foreign
      Bloomberg  -  649 words
    • 436 19 Reuters Jakarta INDONESIAN banks must increase their capital reserves by 2015 to be better positioned to deal with risk should there be a financial crisis in South-east Asia’s largest economy, the central bank said. Bank Indonesia announced late Thursday that by
      Reuters; PHOTO: BLOOMBERG  -  436 words
    • 454 20 Q3 sales down 56% at US$1 .1 9b; loss per share at 67 US cents Bloomberg Toronto BLACKBERRY, the struggling smartphone maker, has struck a five-year deal with Foxconn Technology to manufacture its devices, following another quarterly plunge in sales and mounting losses.
      Bloomberg; REUTERS FILE PHOTO  -  454 words
    • Briefing
      • 65 20 Bloomberg Bangkok TRUE Telecommunications Growth Infrastructure Fund, backed by billionaire Dhanin Chearavanont’s True Corp, raised 58.1 billion baht (S$2.27 billion) in Thailand’s second-biggest initial public offering. It drew orders from foreign and domestic institutional investors as well as individual investors despite the
        Bloomberg  -  65 words
      • 52 20 AFP Paris THE Standard and Poor’s ratings agency yesterday downgraded the European Union’s long-term credit rating one notch, from “AAA” to “AA+”, citing weaker cred- it worthiness among the bloc. The downgrade came as EU leaders held a summit, stumbling on agreeing deeper economic
        AFP  -  52 words
      • 84 20 AFP London INVESTIGATORS were yesterday seeking to establish why the ceiling of a packed London theatre collapsed, injuring 76 people and coating terrified audience members with rubble. A sell-out crowd of around 720 people was in the Apollo Theatre in Soho on Thursday night
        AFP  -  84 words
      • 100 20 AP Moscow FORMER oil tycoon Mikhail Khodorkovsky left Russia for Germany after his release from prison following a presidential pardon. The prison service said he was going to meet his mother who is undergoing medical treatment there. Mr Khodorkovsky spent 10 years in prison on
        AP  -  100 words
    • 326 20 But official says it’s too early to talk of sanctions AFP Brussels THE latest remedies offered by US giant Google to complaints that it abuses its dominant position in the Internet search market do not go far enough, the European Commission said yesterday. “The
      AFP  -  326 words




  • SGX
    • 8066 21 Transaction date: Dec 20 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 15 11.5 8Telecom 11.6 11.5 13.1 10.6 0.9 9.6 55.6 20 3.2 A-Sonic 10.7 +0.1 7094 10.9 10.4 10.7 10.8 1.2
      8,066 words
    • 1909 24 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 37 17.3 t 3Cnergy 500 26 3 31 25.6 27.5 17.1 t 800 Super 24.5 19.4 24.5 3.2 4.1 7.6 43.8 6.2 2.8 t AA
      1,909 words
    • 186 24 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 7 1 0 0 0 6 7 1 Manufacturing 62 32 36 13 8 5 75 40 41 Commerce 25 18 13 5 5 4 30 23 17 Tpt/Stor/Comms 18 9 12
      186 words
    • 777 24 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Dec 16 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Del Monte Pacific 19-Dec-13 Rolando C Gapud Buy 50 0.59 930 0.07 980 0.08 Del Monte Pacific
      777 words
    • 121 24 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 16,438 16,438 84,192 84,192 Manufacturing 439,186 120,925 560,111 97,430 3,759 101,188 Commerce 148,096 329,457 477,553 69,171 37,506 106,677 Tpt/Stor/Comms 139,772 3,206 142,978 166,888 385 167,274 Finance 33,313 67 33,380 154,819 21 154,840 Construction 28,560 362,318
      121 words




  • MARKETS
    • 93 25 Dec 19 COCOA (£/tonne) Close Prev High Low Mar 14 1780 1771 1789 1771 May 14 1766 1761 1774 1761 Jul 14 1756 1747 1761 1747 Sep 14 1752 1739 1757 1739 COFFEE(US$/tonne) Close Prev High Low Jan 14 1690 1705 1713 1678 Mar 14 1684 1699 1706 1668
      93 words
    • 67 25 Dec 20 GOLD(US$/oz) Dec 20 Dec 19 Hong Kong 1201.00 1215.00 Dec 19 Dec 18 London 1195.30 1231.00 1195.85 1231.65 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 24.89 24.11 Source: UOB PLATINUM Lon (US$/oz) Dec 19 Close Previous PM Fix 1321.00 1354.00 AM Fix 1328.00 1355.00 Source:
      67 words
    • 57 25 Dec 20 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 14 2540.0 2546.0 2552.0 2537.0 73 3379 Feb 14 2565.0 2571.0 2572.0 2550.0 5136 ***** Mar 14 2583.0 2584.0 2590.0 2558.0 ***** ***** Apr 14 2590.0 2591.0
      57 words
    • 88 25 Dec 20 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****F 13-Jun-14 0.28 1-Year BY*****T 31-Oct-14 0.29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.52 101.70 101.55 5-Year N*****0T 0.5 01-Apr-18 97.95 98.50 98.00
      88 words
    • 155 25 Dec 20 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1234 1.1241 0.8868 0.8873 Canadian dollar 1.1863 1.1870 0.9369 0.9364 Euro 1.7268 1.7272 1.3631 1.3633 NZ dollar 1.0378 1.0386 0.8192 0.8198 Sterling pound 2.0703 2.0709 1.6343 1.6346
      155 words
    • 118 25 Dec 20 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.149 1.095 Can dollar 1.210 1.164 Euro 1.769 1.685 Sterling pound 2.112 2.031 NZ dollar 1.062 1.022 US dollar 1.293 1.232 Local dollars to 100 units of foreign currency: Currencies Sell
      118 words
    • Article, Illustration
      2 25
      2 words
    • 104 25 Dec 19 SOYBEANS(5,000 bu min; USc/60 lb bushels) Close Previous High/Low Jan 14 1327.00 1324.00 1329.75 1315.75 Mar 14 1319.00 1313.75 1320.00 1306.00 May 14 1305.50 1298.75 1306.75 1292.00 Jul 14 1293.00 1287.00 1294.25 1279.00 SOYBEAN OIL(60,000 lbs; USc/lb) Close Previous High/Low Jan 14 39.33 39.06 39.49 38.94
      104 words
    • 68 25 Dec 19 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 110.57 1.10 WTI (Near Mth) 98.46 0.71 Dubai (1-Mth F) 106.30 1.23 Tapis blend 115.36 1.21 Minas 108.86 1.21 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 107.61 1.05 Jet Kerosene 125.94 1.70 US$/barrel OpecOil Basket Price 107.49
      68 words
    • 72 25 Dec 19 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1728.25 1752.00 3 months 1773.00 1798.00 Copper, Grade A (US$/tonne) Cash 7207.00 7277.50 3 months 7200.50 7270.00 Lead (US$/tonne) Cash 2148.25 2156.25 3 months 2174.00 2183.00 Nickel (US$/tonne) Close Previous Cash *****.00 *****.50 3 months *****.00 *****.00 Tin (US$/tonne)
      72 words
    • 373 25 In local curr In S$ In US$ dy yr dy yr dy yr Dec 19 Index Change Change Change Change Change Change World Preliminary 1156.2 0.5 23.2 0.8 25.4 0.2 20.8 EAFE Preliminary 931.7 1.4 20.3 1.4 20.0 0.8 15.7 Europe Preliminary 1321.3 1.6 15.2
      373 words

  • PERSPECTIVE
    • 937 26 / 27  -  The Internet can be used as a business or a channel of communications but not both; it does not like old brands and magnifies your mistakes. By Jacky Tai By Jacky Tai EVERY bricks-and-mor-tar company knows that the Internet is important and that they need
      PHOTO: DESMOND FOO/ THE STRAITS TIMES  -  937 words
  • Page 26 / 27 Miscellaneous
    • 349 26 / 27 CRYPTIC CROSSWORD Across 1 Nobility and rank may well be a big issue (4,5,4) 10 Discharges account and leaves (7) 11 Impose obedience in French Legion (7) 12 They may be fast, but only without running (4) 13 One who doesn’t take alcohol in any liquid is smart (5) 14
      349 words

  • Wealth
    • WEALTH INVESTING
      • 1326 28 / 29  -  Jordan Belfort’s boiler room fraud left a trail of red. By Susan Antilla NYT THE Wolf of Wall Street is about to have his day. The Martin Scorsese film about the Wolf Jordan Belfort in real life, played by Leonardo DiCaprio tells how
        NYT; 1990s.PHOTO: AP  -  1,326 words
      • 753 28 / 29 Bloomberg London THE best hedge fund managers tend to find profits in short-term, contrarian bets. That’s the finding of a study published this year by Russell Jame of the University of Kentucky and set to be presented next month at the American Economic Association’s
        Bloomberg  -  753 words
    • WEALTH REAL ESTATE
      • 507 30 Reuters Beijing CHINA’S southern city of Guangzhou has issued data showing falling home prices last month which is at odds with official national figures that put rises in the city at among the highest in the country, prompting criticism in state media.
        Reuters  -  507 words
      • 419 30 PROPERTY TRANSACTIONS FOR DISTRICTS 4 TO 27 WITH CONTRACT DATES BETWEEN NOV 13 AND NOV 19, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 4 NON-LANDED Caribbean At Keppel Bay Apt 14/11/2013 99 1356 2320 1711 Corals At
        419 words
      • 281 30 Prices in London seen rising 11% next year, against 8% nationally Bloomberg homes being built is now on the rise, it still won’t be anywhere near enough to meet demand,” Peter Bolton King, RICS global residential director, said. “We expect the problem of
        Bloomberg  -  281 words
      • 1099 31 City’s relatively low property prices, solid rental market attract new residents NYT Liverpool LIKE many major cities around the world, Liverpool’s legacy from the 2008 global downturn was a glut of unfinished and unsold apartments. But just five years later, the city’s plans include thousands of
        NYT; BLOOMBERG FILE PHOTO  -  1,099 words



  • Page 32 Advertisements
    • 31 32 THERE ARE EXCEPTIONS TO EVERY RULE. ROYAL OAK DIAMOND SET IN PINK GOLD. AL ROY SINGAPORE AUDEMARS PIGUET BOUTIQUE 541 ORCHARD ROAD LIAT TOWERS #01-03 TEL (65) 6836 4918 AUDEMARSPIGUET .COM
      31 words

  • Page 1 Advertisements
    • 75 1 LivingBTTHE BUSINESS TIMES WEEKEND DECEMBER 21 22 2013 DINING Local dining’s hits and misses L4-5 BEST WORST FOOD TRENDS 2013 We serve up what’s hot, what’s not and what’s next L2-3 HOME GARDEN Revelling in the Yuletide spirit L8-9 FILE PHOTO CHRISTMAS High art of giving with style L10-11 DESIGN
      75 words

  • BT Living
    • DINING
      • Article, Illustration
        2279 2 / 3  -  You aren’t tru l y a foodie unless you’ve queued with the masses, knocked one back in a (literally) underground restaurant or lamented the loss of an iconic dining destination in 2013. Debbie Yong looks back at the food trends that got Singapore talking this year Debbie Yong
        FILE PHOTOS  -  2,279 words
      • Article, Illustration
        1104 4 / 5  - Hits misses sum up some of the highs and lows of the dining scene this year Jaime Ee Debbie Yong jaime@sph.com.sg debyong@sph.com.sg HIGHS Hot Hatch (Not in any particular order) Hashida Sushi takes the top spot in a plethora of new sushi bars that opened in Singapore this year. Helmed
        FILE PHOTOS  -  1,104 words
    • DESIGN
      • 1987 6 / 7  -  2013 saw Singapore design being truly embraced as more local designers garner global and local recognition, winning several awards in the process. By Tay Suan Chiang By Tay Suan Chiang taysc@sph.com.sg WHETHER you are an architect, industrial designer, home furnishings retailer or just a design buff, 2013 has
        PHOTOS: ALBERT LIM, YEN MENG JIIN; PHOTO: IP:LI ARCHITECTS; PHOTOS: DESINERE  -  1,987 words
    • HOME & GARDEN
      • 1100 8 / 9  -  The Manini family spares no effort decorating their home for Christmas, and this year, a live tree is added to the mix. By Tay Suan Chiang personal space By Tay Suan Chiang taysc@sph.com.sg SOME people may find decking the halls for Christmas a daunting task but not
        PHOTOS: YEN MENG JIIN  -  1,100 words
    • CHRISTMAS
      • 1356 10 / 11  -  Discerning and idiosyncratic on-trend folk can be tough to please at Christmas. Industry players share their strategies to wow even the most finicky fashion lover. By May Yip By May Yip Stan Lee Owner of menswear boutique, Swagger I ALWAYS plan ahead of time so that I
        PHOTOS: SWAGGER, BOOKS KINOKUNIYA; PHOTOS: ANANTARA HOTELS, HEADLINE SOUL; PHOTOS: ARAMIS, AGNES B, JM ICON; PHOTOS: HANSEL, SIWA  -  1,356 words
    • TRAVEL
      • 1003 12  -  Bagan Lodge allows you to take a dip in the past while revelling in the present. By Jaime Ee jaime@sph.com.sg BAGAN has everything going for it when you’re smitten with the idea of going back in time and experiencing a life when kings ruled
        PHOTOS: BAGAN LODGE, JAIME EE  -  1,003 words
    • BEAUTY/WELLNESS
      • 1001 13  -  US dermatologist Patrick Bitter, who discovered Intense Pulsed Light therapy for ageing skin, develops the next generation of light treatment called BBL Forever Young. By Jaime Ee By Jaime Ee jaime@sph.com.sg MAYBE people who say money can’t buy happiness never got what they paid
        PHOTO: PATRICK BITTER  -  1,001 words
    • MOTORING
      • Article, Illustration
        635 14  -  The Opel Cascada is the German car maker’s first premium convertible. By Samuel Ee By Samuel Ee samuelee@sph.com.sg NAMING an open-top model “Waterfall” may not seem like a particularly good idea but the handsome new Opel Cascada convertible’s good build quality should dispel any concerns immediately. Cascada is
        635 words
      • 638 15  -  The Alpina B3 Biturbo has more power than the BMW 335i but promises to be rarer. By Samuel Ee By Samuel Ee samuelee@sph.com.sg FIND the BMW 335i a bit underwhelming but the BMW M3 too extreme? How about an alternative, something in between, like an Alpina B3
        638 words
    • GOLF
      • 1113 16  -  Youth Golf Programme provides coaching and opportunities for around 4,500 young golfers to hit the fairways. By Justine Moss By Justine Moss THE past few weeks have seen a boost for junior golf in Singapore, in terms of international results and sponsorship dollars.The Youth Golf Programme
        PHOTO: ANDY LEE  -  1,113 words

  • Page 4 / 5 Advertisements
    • 1030 4 / 5 wine& dine with BTWeekend Christmas and New Year’s Eve Private Parties 6 Raffles Boulevard Festive Celebrations at Marina Mandarin Dec 1 to 31, 2013Z6845 1018 Dazzle your friends and family with an unforgettable Christmas party, delectable Christmas meal and festive fun. Celebrate with Christmas Buffet menus from $70++ per person
      1,030 words





  • Page 13 Advertisements
    • 216 13 HEART,STROKE&CANCERCENTRE “A medical centre of Singapore Heart, Stroke and Cancer Centre” PreservingHealthandLongevity Expertise in the Prevention, early Detection and Management of Heart disease, Stroke and Cancer www.shsccentre.com Prevent Sudden Death If you suspect heart disease or have risk factors such as high cholesterol, high blood pressure, diabetes mellitus, smoking or
      216 words



  • Page 16 Advertisements