The Business Times, 28 February 2014

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

Microfilm: NL32980
Total Pages: 40
1 40 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Friday, February 28, 2014
    25 words
  • Article, Illustration
    Lock icon S’pore team launches Asia’s first Bitcoin machine
    905 1  -  Locally-made terminal located in a pub in Boat Quay; second machine in pipeline By JOYCE HOOI joyceh@sph.com.sg [SINGAPORE] In a thoroughly unexpected series of events, Asia’s first Bitcoin vending machine was launched in Singapore yesterday, in a Boat Quay pub on the second
    PHOTO: REUTERS; PHOTO: YEN MENG JIIN  -  905 words
  • Article
    Lock icon Yingluck misses graft hearing on rice scheme
    657 1 Deputy PM Surapong to appeal to UN to broker end to crisis AFP Reuters [BANGKOK] Thailand’s premier skipped an anti-cor-ruption panel hearing yesterday into negligence charges that could lead to her ousting, as her government turned to the UN for help in resolving
    AFP; Reuters  -  657 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,096.74 (+8.49) GST INDEX FUTURES 3,097.00 (+9.00) GSIMSCI 353.42 (+1.16) GSIMSCI FUTURES 354.10 (+2.10) US$ S$ US$ (S$ per US$) 1.267 (US$/S$ per 1.664 2.109 EURO (US$/S$/€ 1.367 1.731 Foreign currency per US$ S$ YEN 102.40 80.80 RM 3.279 2.588 HK$ 7.760 6.125 BAHT 32.59 25.72 RUPIAH
      65 words
    • Article
      Lock icon MARKETS
      47 1 Thursday Change KL COMP 1,831.66 +9.11 NIKKEI 225 14,923.11 -47.86 HANG SENG 22,828.18 +390.74 SET INDEX 1,318.05 +13.43 JAKARTA COMP 4,568.94 +36.22 MANILA COMP 6,354.79 +32.19 SEOUL COMP 1,978.43 +7.66 SHENZHEN B 822.27 +4.50 MUMBAI IND Closed 11am EST Change DOW 16,211.48 +13.07 NASDAQ 4,300.67 +8.61
      47 words
    • Article
      Lock icon PRIME RATES
      21 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 JAPAN 14.830 TAIWAN 5.036 JAPAN CANADA KOREA SWITZERLAND BRITAIN 0.50 Source: Bloomberg
      21 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      186 1 CORPORATE WHO’S WHO Oil and gas sector PAGES 12-19 PROPERTY S’pore private home rent rates expected to fall PAGE 27 EXECUTIVE LIFESTYLE Art scene hots up in Manila PAGE 35 COMPANIES CityDev chairman calls for easing of property timelines PAGE 4 Read Boardroom Matters, a series of articles from the
      186 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      1 1 8"*****1"*****4
      1 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon CapitaLand and CityDev Q4 profits slide, KepLand bucks the trend
      871 2  -  Singapore’s top three developers looking overseas for future growth By MINDY TAN tanmindy@sph.com.sg [SINGAPORE] Singapore’s top three residential developers by market cap have posted mixed results, even as they look increasingly outside Singapore’s residential sector to drive profits. Both CapitaLand
      871 words
    • Article, Illustration
      Lock icon Pride and relief in bringing River Safari to life: CEO
      719 2  -  Technical issues and delays had added to construction woes By LEE U-WEN leeuwen@sph.com.sg [SINGAPORE] In Lee Meng Tat’s own words, the journey of putting together the new River Safari park in Mandai turned out to be a “pretty rough” one.
      719 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      388 2 Asia’s first Bitcoin vending machine made in S’pore IN a thoroughly unexpected series of events, Asia’s first Bitcoin vending machine was launched in Singapore yesterday, in a Boat Quay pub on the second storey of a row of shophouses. FRONT PAGE Yingluck misses graft hearing on rice scheme
      388 words
    • Article
      Lock icon Yen set to fall further, property buyers told
      580 2  -  Slide of 5% against Singdollar by year-end: analysts By SIOW LI SEN lisen@sph.com.sg [SINGAPORE] Local investors considering buying Japanese property should consider the currency exposure as the yen is poised to slide further due to economic reforms, said Bank of To-kyo-Mitsubishi UFJ
      580 words
    • Article, Illustration
      Lock icon Maybank profit rises 14% to RM6.55b
      466 3  -  Group plans to deepen portfolio in the region By S JAYASANKARAN in Kuala Lumpur MAYBANK yesterday reported record net earnings of RM6.55 billion (S$2.53 billion) on net income of RM18.54 billion for the year ended Dec 31, 2013. This is the second year that
      PHOTO: BLOOMBERG  -  466 words
    • Article
      Lock icon Norwegian firm to expand solar plant in Tuas
      446 3  -  Rec Solar will pump US$65-70m to raise solar, wafer capacity By RONNIE LIM ronnie@sph.com.sg [SINGAPORE] Norwegian group Rec Solar has announced that it will expand its $2.5 billion integrated plant in Tuas to meet strong market demand, in a marked turnaround from
      446 words
    • Article
      Lock icon Services sector business receipts up 6.4% in Q4
      377 3  -  Year-on-year growth is broad-based but slower than a revised 7.9% in Q3 By KELLY TAY kellytay@sph.com.sg [SINGAPORE] Singapore’s services sector raked in 6.4 per cent more in fourth-quarter sales than it did a year ago, but its pace of growth has slowed
      377 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      232 2 QUALITY. RELIABILITY REPUTATION. SERVICE. sstss 2013 ATA N1D-***** Judy Kueh 2015 DEC EXP A clear signal of credibility, reliability and quality service amongst travel professionals, the NATAS Accreditation framework is set to boost the recognition and reputation of true travel professionals nationwide. So be sure to look for NATAS-accredited staff
      232 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      219 3 i ik I 1 n i. 70 O I* .cedetedl l»AB|Sa WBEN a;--in :i! w ISS Eli SS •'I. riju OH m mSm NEW LAUNCH Selling Fast Over 50% sold during 1 st week of main launch. Pres ige D. in A place where you can create a lifestyle that
      219 words
Page thumbnail Page 4
  • COMPANY NEWS
    • Article
      Lock icon CityDev chairman calls for easing of property timelines
      734 4  -  Firm posts 11% fall in Q4 profit as property development earnings decline By FELDA CHAY feldac@sph.com.sg WITH softening property prices and sales volumes, City Developments (CDL) chairman Kwek Leng Beng expressed hope yesterday that this year, the government will tweak or even
      734 words
    • Article
      Lock icon Swiber FY13 net profit up 36% at US$62.12m
      449 4  -  By VIVIEN SHIAO vshiao@sph.com.sg SWIBER Holdings posted a net profit of US$62.12 million for the financial year ended Dec 31, 2013, up 36 per cent from the US$45.68 million posted last year. The bottom line was boosted by other operating income, which
      449 words
    • Article
      Lock icon ST Engg posts $580.8m full-year profit
      358 4  -  By NISHA RAMCHANDANI nishar@sph.com.sg SINGAPORE Technologies Engineering chalked up a net profit of $580.83 million for the 12 months ended Dec 31, 2013, marginally higher than the $576.18 million earned in the previous financial year. Revenue inched up 4 per cent to $6.63 billion,
      358 words
    • Article, Illustration
      Lock icon Ho Bee earnings soar on $489.6m revaluation gain
      699 4  -  By KALPANA RASHIWALA By kalpana@sph.com.sg A REVALUATION gain of $489.6 million for The Metropolis office project in Buona Vista provided a big boost to Ho Bee Land’s fourth-quarter and fullyear net earnings. The property group announced net profit of $506.1 million for
      699 words
    • Article
      Lock icon Kingsmen Creatives posts 8.9% profit rise
      246 4  -  By CAI HAOXIANG haoxiang@sph.com.sg CONTINUED demand and lower costs enabled main-board-listed design-and-production company Kingsmen Creatives to post an 8.9 per cent increase in net profit to $18.4 million for its financial year ending Dec 31, 2013, up from $16.9 million in 2012. Revenue was
      246 words
    • Article
      Lock icon Rotary Engg back in the black in Q4
      259 4  -  By JACQUELYN CHEOK jaccheok@sph.com.sg SPECIALIST oil and gas contractor Rotary Engineering yesterday said it has returned to the black with a net profit of $5.17 million for the fourth quarter ended Dec 31, 2013, up from a net loss of $18.4 million
      259 words
    • Article
      Lock icon Banyan Tree Q4 net down 27% due to unrest in Thailand
      346 4  -  By FELDA CHAY feldac@sph.com.sg THE political upheaval in Thailand has adversely impacted resort operator Banyan Tree Holdings, which reported a 27 per cent drop in fourth quarter net profit as earnings from its core market fell. And looking ahead,
      346 words
    • Article, Illustration
      Lock icon SembMarine bags US$1.08b drillships deal
      441 5  -  Contract to build 2 drillships includes options for an additional 3 ships By LISA LEE lisalcc@sph.com.sg SEMBCORP Marine (SembMarine) has won US$1.08 billion in contracts to build two drillships for top US-listed driller Transocean Ltd. It is a significant breakthrough deal with the world’s largest
      441 words
    • Article
      Lock icon Investors still upbeat about stocks: poll
      360 5  -  By LISABELLE TAN lisatan@sph.com.sg LIKE last year, stocks, property and precious metals are expected to be the best-performing assets this year and for the next decade but with altered levels of optimism. Franklin Templeton’s Global Investor Sentiment Survey 2014, which polled 502 Singaporeans online
      360 words
    • Article
      Lock icon HLF’s full-year profit down 9.6% to $70.1m
      273 5  -  By JAMIE LEE leejamie@sph.com.sg HONG Leong Finance (HLF) warned yesterday of pressure on interest spread amid keen competition for funding. “We aim to maintain moderate growth in loan and customer deposit portfolios to manage the squeeze in margins,” it said in its financial
      273 words
    • Article
      Lock icon Haw Par profit slips 10% to $107.9m
      272 5  -  By KENNETH LIM kenlim@sph.com.sg HAW Par Group posted a 10 per cent decline in fullyear profit on poorer contributions from associated companies and fair-value losses, the diversified property and investment group said yesterday. Haw Par’s net profit slipped to $107.9 million, or 49.4
      272 words
    • Article
      Lock icon ThaiBev FY13 drops 33% on one-offs
      241 5  -  By KENNETH LIM kenlim@sph.com.sg AN exceptional year-ago gain sent Thai Beverage Public Co’s full-year profit to a 33 per cent drop from what would otherwise have been an 18 per cent growth, the brewer of Chang beer said yesterday. Net profit for the year
      241 words
    • Article
      Lock icon Singapore firms surpass expectations in Q4: report
      504 8  -  But analysts turning more bearish on earnings estimates for current year By JAMIE LEE leejamie@sph.com.sg SEVERAL Singapore-listed companies have beat market forecasts with their fourth-quarter results, but are also recording weaker expectations from the street for their 2014 results. A Morgan Stanley report
      504 words
    • Article, Illustration
      Lock icon CRT to acquire two Tokyo retail properties
      570 8  -  By LYNETTE KHOO lynkhoo@sph.com.sg CROESUS Retail Trust (CRT) has agreed to acquire two retail properties in Tokyo for 14.25 billion yen (S$ 176.7 million) and is gunning for more properties in Japan this year. Its trustee-manager said yesterday that it is paying 3.45
      570 words
    • Article
      Lock icon Yangzijiang posts 8% dip in Q4 profits to 746m yuan
      354 8  -  By LISA LEE lisalcc@sph.com.sg CHINA-BASED shipbuilder Yangzijiang Shipbuilding posted an 8 per cent year-on-year decline in Q4 2013 attributable net profit to 746 million yuan (S$154 million) largely due to a decline in other income, while core shipbuilding profits were
      354 words
    • Article
      Lock icon Disposal gains boost CSE Global full-year profit
      243 8  -  By AMIT ROY CHOUDHURY amit@sph.com.sg TECHNOLOGY firm CSE Global ended the FY2013 with profit attributable to equity-owners rising 93.9 per cent from $56.1 million to $108.8 million, a large chunk of which were disposal gains. The earnings after non-controlling interests of $1.37 million
      243 words
    • Article
      Lock icon Yongnam’s revenue up 20%, profit plunges 87%
      590 8  -  By haoxiang@sph.com.sg CAI HAOXIANG haoxiang@sph.com.sg AS forewarned, steel contractor and civil engineering group Yongnam Holdings rounded off a horrid 2013 by reporting net profit of $5.5 million, 87 per cent lower that the $43.5 million for the year before. The profit plunge occurred
      590 words
    • Article
      Lock icon LifeBrandz plans reverse takeover
      355 8  -  By LEE MEIXIAN leemx@sph.com.sg LOSS-MAKING nightlife group LifeBrandz is hoping to undergo a reverse takeover that would turn it into a hospitality developer. Yesterday, it signed a memorandum of understanding (MOU) with shareholders of Acteam International Co Ltd and 122 Middle Investment Pte Ltd to acquire
      355 words
    • COMPANY BRIEFS
      • Article
        Lock icon Jardine C&C’s 2013 net down 7% at US$915m
        84 8 JARDINE Cycle Carriage reported a net profit of US$915 million for the full year ended Dec 31, down 7 per cent year on year. Revenue fell 8 per cent to US$19.8 billion, on the back of lower sales of heavy equipment and
        84 words
      • Article
        Lock icon OUE sinks into red with $36.5m loss
        76 8 OUE has reported a net loss of $36.5 million for the full year ended Dec 31, down from a net profit of $90.05 million in FY2012, mainly due to net fair-value losses on the group’s investment properties. Revenue edged up 4.5 per cent
        76 words
      • Article
        Lock icon DMX Tech profit jumps 21% in Q4 to US$10m
        64 8 DMX Technologies reported a 21.2 per cent jump in net profit for the fourth quarter of FY13 to US$10 million, while revenue was nearly flat at US$119.6 million. Earnings per share for the quarter worked out to 0.87 US cent, up
        64 words
      • Article
        Lock icon Cogent earnings surge 95% to $15.1m
        75 8 COGENT Holdings’ net profit for the full year ended Dec 31 surged 95 per cent year on year to $15.1 million, driven by stronger performances of its core business segments. Revenue rose by 17 per cent to $112.8 million, boosted by the property-management services
        75 words
      • Article
        Lock icon SingHaiyi gets nod for share consolidation
        63 8 SHAREHOLDERS of Catalist-listed property group SingHaiyi yesterday approved a 10-to-one-share consolidation, which is being undertaken in line with the group’s push to diversify into property development and investments in the US. At an extraordinary general meeting, shareholders voted in favour to consolidate the issued
        63 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      93 4 APOLOGY We, CRYOVIVA SINGAPORE PTE LTD, acknowledge that we have infringed the intellectual property rights of CORDLIFE GROUP LIMITED (“Cordlife”), through our trial and actual websites, which contained material and features copied from and/or similar to Cordlife’s website. We have since taken down both our websites and they are no
      93 words
Page thumbnail Page 5
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Prices continue to drift in low volume
      677 6  -  Transcu commands 864 million shares out of 2.7 billion shares traded in the market STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent IT WAS a familiar, if somewhat depressing, story yesterday in the Singapore stock market prices were little changed, volume was low and focused
      Source: Bloomberg  -  677 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 6 Feb 27 VALUE CLOSE BT OB/OS 246.00 +105.00 BT CADI -*****.00 +2.00 BT 10-day MA -*****.00 +24.00 FTSE ST Mid Cap 714.79 +2.62 FTSE ST Small Cap 531.95 -1.30 FTSE ST All Share 753.09 +1.89 FTSE ST China Top 198.53 +0.03 FTSE ST China 226.92 +0.14 FTSE
      77 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 6 VOLUME Transcu Grp 863,914,000 SingHaiyi 223,639,000 KLW Hldgs 111,761,000 LifeBrandz 88,888,000 Golden Agri 78,488,000 WE Hldgs R 69,288,000 Albedo 65,836,000 HanKore 54,816,000 Charisma Energy 39,639,000 PSL Hldgs 36,215,000 VALUE($) DBS Grp 76,645,370 Golden Agri 43,695,120 SingTel 42,828,520 Keppel Corp 37,332,810 OCBC Bk 37,089,160 UOB 36,363,600 HPH Trust
      59 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 5 3 0 0 0 7 5 3 Manufacturing 41 47 43 8 6 6 49 53 49 Commerce 23 19 20 3 5 5 26 24 25 Tpt/Stor/Comms 16 13 11
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Yangzijiang Shipbuilding
        417 6 Feb 27 close: S$1.135 DBS Group Research, Feb 27 YANGZIJIANG registered strong Ebit in Q4, rising 45 per cent y-o-y and 29 per cent q-o-q, on the back of record gross margins of 42 per cent. This was offset by the high tax rate of 46 per cent
        Source: Bloomberg  -  417 words
      • Article
        Lock icon BreadTalk Group
        479 6  -  Compiled by JOYCE HOOI Feb 27 close: S$0.96 OCBC Investment Research, Feb 27 BREADTALK’s FY2013 revenue met our expectations as it increased 19.9 per cent to S$536.5 million, forming 99.6 per cent of our forecast. Profit after tax and minority interests came in slightly below our expectations, up
        479 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 19,774 19,774 61,628 61,628 Manufacturing 263,942 152,104 416,046 126,817 8,039 134,856 Commerce 174,907 198,774 373,681 60,662 10,359 71,021 Tpt/Stor/Comms 96,243 1,792 98,035 122,411 180 122,591 Finance 39,004 461 39,465 162,381 160 162,541 Construction 74,426 47,798
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      114 6 Stock name Close Change CapMallsAsia 1.800 +0.015 CapitaLand 2.850 +0.020 CapitaMall 1.910 +0.010 CityDev 9.340 +0.020 ComfortDelGro 1.960 +0.015 DBS Grp 16.40 -0.050 GLP 2.820 +0.020 Genting SP 1.355 +0.015 Golden Agri 0.565 +0.025 HK Land 6.360 +0.020 HPH Trust US$ 0.620 -0.010 JMH 55.30 -0.200
      114 words
    • Article, Illustration
      Lock icon Yen, Europe bonds up on Ukraine tension
      475 6 CURRENCIES Bloomberg [LONDON] The yen strengthened and European bonds gained yesterday amid rising tension in Ukraine and signs that inflation is slowing in Germany. Stocks fell for a second day and Ukraine’s currency tumbled to a record. Japan’s currency appreciated 0.4 per cent
      Bloomberg; PHOTO: BLOOMBERG  -  475 words
    • Article
      Lock icon RISES
      116 6 BY CENTS CLOSE UP Jardine C&C 3809 108.0 2.9 DBXT USDIGInfl 5US$ ***** 107.7 0.3 Lyxor Indonesia10US$ 8063 79.8 0.8 DBXT iBoxxUSTr 5US$ ***** 74.7 0.3 Lyxor ThaiSET 10US$ ***** 69.7 0.5 Lyxor AsiaCS 10US$ 5658 64.6 0.9 DBXT AUD Bonds 5AU$ ***** 64.3 0.3 DBXT FTChina25 10US$ 2811
      116 words
    • Article
      Lock icon FALLS
      126 6 BY CENTS CLOSE DOWN GLD 10US$ ***** -221.7 -1.4 DBXT AUDCS 5SG$ ***** -175.0 -0.7 DBXT AUDCS 5US$ ***** -167.2 -0.7 DBXT EONIA 5US$ ***** -139.3 -0.6 DBXT SPASX200 10US$ 3940 -84.9 -1.7 SPDRS S&P 500 10US$ ***** -78.5 -0.3 DBXT E50 10US$ 5243 -76.0 -1.1 DBXT iBoxxSvEu 5US$
      126 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
      5 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      134 7 qV)“ H i^SLoun m SEAMLESS CLOUD FOR THE WORLD NTT Communications provides global enterprises with a broad suite of Information and Communication Technology (ICT) services—all powered by more than 140 data centres worldwide with network coverage in 196 countries/regions. Our Software-Defined Networking based comprehensive cloud services, make your migration process
      134 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      38 8 I WANTED TO BE A SCIENTIST Music maestro A.R. Rahman talks about his dreams and plans INTEGRATION LESSONS AT INDIAN INTERNATIONAL SCHOOLS GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
      38 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      406 9 NORSHORE OTTO MAR NE L M TED m ngfi mi u o 1U1HUUI! 010 min ill r wmmmmmm nsfawoww; UMili i f v b:3 e m e 6 ■it J\T» 2 1A1*: I V *fcvBt 7 -o .V *1, t ef* r I ■u I I i':^i YJYf i?mt. %'-i
      406 words
Page thumbnail Page 10
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Govt puts Sports Hub builder on notice against further delays
      572 10  -  Minister: SHPL has promised timely and safe completion By LEE U-WEN leeuwen@sph.com.sg THE government will hold the private consortium in charge of the new Singapore Sports Hub project in Kallang “accountable” for any delay in the construction. Acting Culture, Community
      PHOTO: SINGAPORE SPORTS HUB  -  572 words
    • Article
      Lock icon Technology saves new FairPrice distribution centre time, manpower
      343 10  -  By SHEENA TAN tsheena@sph.com.sg BY YEAR’S end, supermarket chain NTUC FairPrice will have a new distribution centre that will feature a higher level of automation than its two older centres. To be ready by year’s end, it will be fitted with the
      343 words
    • Article
      Lock icon Cotton On opens Asia HQ in S’pore
      350 10  -  Move by Aussie retailer will create 200 jobs here by June 2018 By KELLY TAY kellytay@sph.com.sg AUSTRALIAN retail giant Cotton On Group yesterday announced the opening of its Asia headquarters in Singapore, which will boost investment and create 200 jobs here. The Singapore
      350 words
    • Article
      Lock icon Food Runner acquires City Delivery in the Philippines
      362 10  -  Fellow food delivery firm foodpanda puts app in Nokia phones By JACQUELYN CHEOK jaccheok@sph.com.sg LOCAL food delivery startup Food Runner has acquired Philippines-based delivery service provider City Delivery for an undisclosed sum, putting the spotlight on what is shaping up to be
      362 words
    • Article
      Lock icon Allen & Gledhill bags Singapore, regional awards from law mag
      459 10  - Allen Gledhill bags Singapore, regional awards from law mag By MICHELLE QUAH michquah@sph.com.sg JUST a week and a half after winning the illustrious Singapore Law Firm of the Year award from Chambers Partners, which ranks the world’s best law firms and lawyers, Allen Gledhill has done it again. This time,
      459 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      210 10 itshow.sg/about Get the latest updates on fb.com/comexITshow 2014 27 Feb 2 Mar Sands Levels 1 B2 12pm 9pm daily Marina Bay WIN over $30,000 worth of Cash and Gadgets! (For every $100 spent or deposit placed, you get 1 chance to win. Terms and conditions apply) THE BIGGEST SHOWCASEOF I.T.
      210 words
Page thumbnail Page 11
  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon IHH Healthcare proposes 2 sen maiden dividend
      476 11  -  Profit after tax and minorities excluding exceptional items up 70% at RM603m By PAULINE NG By in Kuala Lumpur IHH Healthcare Bhd has proposed a maiden dividend of 2 sen for the fiscal year ended December after posting a 70 per cent increase
      FILE PHOTO  -  476 words
    • Article
      Lock icon Russian firm eyes Indonesia as alumina hub
      598 11 Ideal time to invest, says aluminium giant Rusal Reuters [JAKARTA] Russia’s aluminium giant United Company Rusal wants to make Indonesia a regional hub for its alumina production and will decide on an initial investment by the end of this year, according to a
      Reuters  -  598 words
    • Article, Illustration
      Lock icon Rupiah to see limited gains, says central bank chief
      489 11 Bloomberg [JAKARTA] Indonesian central bank governor Agus Martowardojo said that the rupiah probably will trade around current levels and gains will be limited. Businesses should not hope for interest-rate cuts as the trend in developed nations over the next few years
      Bloomberg  -  489 words
  • Page 11 Advertisements
Page thumbnail Page 12
  • Corporate Who's Who OIL AND GAS SECTOR
    • Article, Illustration
      Lock icon E&P spending still pushing ahead
      885 12  -  Industry players in the right space can capture the general increase in spending, reports MALMINDERJIT SINGH MALMINDERJIT SINGH msingh@sph.com.sg pending on exploration and production (E&P) activities this year is expected to reach record levels, as oil majors continue raising their spending in these areas. But
      PHOTO: AFP  -  885 words
    • Article, Illustration
      Lock icon Exciting growth prospects in region
      1082 13  -  Three industry players talk about the market opportunities, strategies and challenges facing them.MALMINDERJIT SINGHreports OIL AND GAS SECTOR MALMINDERJIT SINGH msingh@sph.com.sg OILFIELD services companies in Singapore can take heart that there are ample growth opportunities in the region, even as spending on exploration and production
      1,082 words
    • Article, Illustration
      Lock icon SGX’s oilfield stocks draw keen interest
      1417 13  -  By MALMINDERJIT SINGH msingh@sph.com.sg THE impressive performance of oilfield companies on the SGX and a hive of corporate activity in the offshore marine industry have made the sector one to look out for in 2014. With oil gas exploration and production activities expected to
      1,417 words
  • Page 12 Advertisements
Page thumbnail Page 13
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      831 14 CORPORATE WHO'S WHO A GUIDE TO OIL GAS COMPANIES Advanced Holdings Ltd. o mmi. fl ——CM □□nnrnngnga mm* mm. ■■■■Hii nun I iiriliiM mu 33 oa IB■■■■■■ E1« ■s II mill I r j i Ulilfl!! IlSSil II iiiSiiiS sail*— bum*" n-n min B Juj M -iinn 1IH An Industry
      831 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      605 15 Ezra Holdings Limited Charting An Industry-A Rich Legacy of Accomplishments Founded in 1992, Ezra Holdings Limited (“Ezra” or the “Group”) has been on a fast path of growth and development over the past 20 years. Known for success in the Asia Pacific maritime industry with a modern and versatile fleet
      605 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      701 16 CORPORATE WHO'S WHO A GUIDE TO OIL GAS COMPANIES I Franklin Offshore Holdings Pte Ltd Overview The Franklin Offshore Group is a leading integrated provider of quality rigging and mooring equipment and services primarily to the offshore oil and gas industry. Fleadquartered in Singapore, operations are strategically located worldwide to
      701 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      690 17 Gaylin Holdings Limited A One-Stop Specialist Provider of Rigging and Lifting Solutions to the Global Offshore O&G Industry Founded in 1974 and listed on the Mainboard of the Singapore Exchange in October 2012, Gaylin Holdings Limited is one of the largest Singapore-based multi-disciplinary specialist providers of rigging and lifting solutions
      690 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      706 18 Kim Heng Offshore and Marine Holdings Limited With over 40 years of experience, Kim Heng Offshore Marine Holdings Limited is an established integrated offshore and marine value chain services provider Strategically located in Singapore, the Group offers a one-stop comprehensive range of products and services that caters to different stages
      706 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      178 19 CORPORATE WHO'S WHO A GUIDE TO OIL GAS COMPANIES fe-PQSH PACC OFFSHORE SERVICES HOLDINGS PTE. LTD. I Largest Asia-Based International Operator Of Offshore Support Vessels Global Reach With A Proven International Track Record Highly-Experienced And Committed Management Team x A-r t: O -r v-1 r S3 rp I rnniuiriea u
      178 words
Page thumbnail Page 20
  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Luxury brands slow expansion in China market
      890 20 Mall developers left on US$25b hook as more consumers shop abroad Re uters [HONG KONG] The world’s biggest luxury brands are slowing their expansion in China as more consumers shop abroad, leaving mall operators holding the bag. Two-thirds of high-end retailers missed their
      Reuters; PHOTO: REUTERS  -  890 words
    • Article, Illustration
      Lock icon Baidu sees advertising boost for Q1 results
      513 20 Bloomberg [HONG KONG] Baidu, the owner of China’s largest Internet search engine, has forecast first-quarter sales that beat analysts’ estimates as advertisers boost spending to reach an increasing number of mobile users. Revenue will be 9.24 billion yuan (S$1.91 billion) to 9.52 billion
      Bloomberg  -  513 words
    • Article
      Lock icon Why Alibaba’s fund partner is losing money
      737 20  -  By BETSY TSE EJ Insight IN little more than six months, Alibaba’s hugely popular investment fund product Yu’E Bao has helped its fund partner Tianhong Asset Management shoot to fame and grab the No 1 position in China in terms of assets under
      EJ Insight  -  737 words
    • Article
      Lock icon RBI to bring down inflation ‘over time, not abruptly’
      452 20 Bloomberg [NEW DELHI] Reserve Bank of India (RBI) governor Raghuram Rajan said the central bank aimed to bring down inflation “over time rather than abruptly” in its effort to curb price pressures and generate sustainable growth. “Rather than administer shock therapy
      Bloomberg  -  452 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      2121 20 FCI ASIA PTE LTD (Registration No: *****1714E) NEWSPAPER NOTICE Notice is hereby given pursuant to sections 76(10)(h) and 76(12) of the Companies Act (Chapter 50) of Singapore (the “Companies Act”), that at an Extraordinary General Meeting of FCI Asia Pte Ltd (the “Company”) deemed to have been duly convened and
      2,121 words
Page thumbnail Page 21
  • WORLD
    • Article, Illustration
      Lock icon Brazil’s coffee output damaged by heat, drought
      730 21 Rains return to main coffee belt but miss top growing area Reuters [SAO PAULO] A local government study and comments by a big exporter are adding to market fears that Brazil, the world’s largest coffee producer, has suffered significant losses of up to
      Reuters; PHOTO: REUTERS  -  730 words
    • Article
      Lock icon Swiss GDP growth slows to 0.2% in Q4
      437 21 However, data in January suggests the recovery remains on track Reuters [ZURICH] Switzerland’s economy stumbled in the fourth quarter of last year as exports fell, growth data showed yesterday, although evidence of an upturn going into 2014 suggests the recovery remains on
      Reuters  -  437 words
    • Article
      Lock icon Global power and utility M&A at 3-year high
      392 21 High pace seen continuing this year after deals worth US$125b in 2013 Reuters [LONDON] The brisk pace of merger and acquisition (M&A) activity in the global power and utility sector is expected to continue in 2014 after deals hit a threeyear high
      Reuters  -  392 words
    • Article, Illustration
      Lock icon Cuts to asset purchases likely to go on: Yellen
      467 22 She also repeated the Fed’s pledge to keep the benchmark interest low Bloom berg [WASHINGTON] Federal Reserve chair Janet Yellen repeated that the central bank is likely to maintain its strategy of gradually trimming asset purchases even as it takes time
      Bloomberg; FILE PHOTO  -  467 words
    • Article
      Lock icon Pro-Russia gunmen seize Crimean seat of power
      400 22 Ukraine’s ousted leader has won assurances of Moscow’s protection AFP [SIMFEROPOL] Dozens of pro-Rus-sia gunmen in combat fatigues seized parliament and government buildings on Ukraine’s volatile Crimea peninsula yesterday as the country’s ousted leader won assurances that Moscow would protect him. The dawn
      AFP  -  400 words
    • Article
      Lock icon Jan durable goods orders down less than expected
      332 22 LATEST US DATA Bloomberg [WASHINGTON] Orders for US durable goods fell less than forecast in January, a sign that manufacturing was beginning to emerge from the harsh winter weather that blanketed the nation. The one per cent decrease in bookings for goods
      Bloomberg  -  332 words
    • BRIEFING
      • Article
        Lock icon Man Grp shares climb on stock buyback
        110 22 Bloomberg [LONDON] Man Group Plc, the world’s largest publicly traded hedge-fund firm, rose the most in 10 months after announcing a US$115 million stock buyback and saying clients added money to its funds for a second straight quarter. The shares climbed as much
        Bloomberg  -  110 words
      • Article
        Lock icon RBS’ 2013 loss soars on litigation costs
        114 22 AFP [LONDON] Britain’s state-rescued Royal Bank of Scotland plunged into a near £9.0-billion (S$19 billion) loss last year on vast charges for litigation and the creation of a ‘bad bank’ division, it said yesterday. The lender, which is 81-per-cent owned by the government
        AFP  -  114 words
      • Article
        Lock icon Credit Suisse blames staff for tax dodging
        131 22 Bloomberg [NEW YORK] Credit Suisse Group AG moved to blame a small number of employees after a US Senate report said the Swiss lender helped clients hide as much as US$10 billion of assets from tax authorities. CEO Brady Dougan, who testified on
        Bloomberg  -  131 words
    • Article, Illustration
      Lock icon Australia’s business investment falters
      637 23 Outlook darkens as spending budget for 2014/15 falls A$10b below forecast Reuters [SYDNEY] Australian business investment in the last quarter unexpectedly sank by the most in more than four years and spending plans for 2014/15 heralded a deeper slowdown ahead, a blow to the economic outlook
      Reuters; PHOTO: BLOOMBERG  -  637 words
  • Page 21 Advertisements
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      233 22 ESPLANADE PRESENTS the finest music FROM ACROSS THE GLOBE AT ESPLANADE CONCERT HALL, 7.30PM 1 TICKETS FROM $40 m MAR MAR 10 MON ROBERT GLASPER experiment v,i 8 MAR SAT WASHED OUTi h,. r MUSIC FEyTiyALV^SINGAPORE 7-16 MAR 201 FRI dee dee BRIDGEWATER* wthlove° Lida^ USA «5 ip I rz.
      233 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      302 23 Cltl I>1 III Sign up at our Citibank booth at the IT Show 2014 I Marina Bay Sands 27 Feb 2 Mar 2014 12pm 9pm THE STRAITS TIMES WHEREVER YOU ARE LIFE'S A REWARD WHEN YOU SUBSCRIBE TO US GET THESE EXCITING GIFTS WHEN YOU SUBSCRIBE TO THE STRAITS TIMES!
      302 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 2
      2610 23 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ATP INVESTMENTS LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****2619K) NOTICE OF MEMBERS’ VOLUNTARY LIQUIDATION The following resolutions were unanimously resolved at the Extraordinary General Meeting of Members
      2,610 words
Page thumbnail Page 24
  • EDITORIAL & OPINION
    • Article
      Lock icon Emerging markets not out of the woods
      498 24 EDITORIAL EMERGING markets (EMs) appear to have stabilised after a rocky start to the year that was brought on by a currency crisis in Argentina, weak economic data from China and political unrest in Turkey, Ukraine and Thailand. Here, even though the Singapore
      498 words
    • Article, Illustration
      Lock icon US unions paying the price of earlier success
      720 24  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THE United Auto Workers’ recent defeat, by a 712 to 626 vote, in its effort to organise Volkswagen’s Chattanooga, Tennessee, assembly plant has been attributed to many causes: the US South’s anti-union
      The Washington Post Writers Group  -  720 words
    • Article, Illustration
      Lock icon Adding value through better procurement
      1336 24  -  Fourth-generation procurement can help businesses keep mounting costs in check By FRANCESCO CIGALA, GERRY MATTIOS The writers are respectively a Bain Company partner based in Kuala Lumpur and a Bain Company principal based in Beijing Results Delivery® is a registered trademark of Bain Company, Inc
      PHOTO: BLOOMBERG  -  1,336 words
    • Article, Illustration
      Lock icon Sustaining Ukraine’s breakthrough
      901 25  -  It will need management expertise and access to markets By GEORGE SOROS The writer is chairman of Soros Fund Management and the author of The Tragedy of the European Union Project Syndicate in New York Following a crescendo of terrifying violence, the Ukrainian uprising has had a
      Project Syndicate; PHOTO: AFP  -  901 words
    • Article, Illustration
      Lock icon Why global trade talks hit the wall
      786 25  -  ANTHONY ROWLEY Tokyo Correspondent WHY do international trade negotiations be it the World Trade Organization’s (WTO) Doha Round which has been dragging on for 13 years or the more recently launched Transpacific Partnership (TPP) talks that got bogged down in Singapore this week
      PHOTO: BLOOMBERG  -  786 words
    • LETTERS TO THE EDITOR
      • Article
        Lock icon Apply collateral to higher-value share transactions: SRS
        378 25  -  Jimmy Ho Kwok Hoong President, The Society of Remisiers (Singapore) I REFER to the commentary “MAS-SGX measures: more can be done” (BT, Feb 10). The Monetary Authority of Singapore’s recent initiative to strengthen the securities market through its White Paper is a welcome
        378 words
      • Article
        Lock icon Saving Bukit Brown calls for huge sacrifice of land
        409 25  -  Manmohan Singh I REFER to the article “Preventing a grave error” by Chew Kheng Chuan (BT, Feb 22-23). The article rightly points out that Bukit Brown is the largest Chinese cemetery outside China. Let us take a macro view of the
        409 words
      • Article
        Lock icon Big, profitable firms should return PIC funds
        198 25  -  Tan Kok Tim I WISH to commend the government for extending the PIC scheme to YA2018, and increasing the claim limit to $600,000. However, should big profitable companies, such as SIA, SingTel, Keppel, Sembawang, DBS, OCBC, UOB, SPH, F&N, Asia Breweries, Hong Leong
        198 words
      • Article
        Lock icon More clarity needed from Citigroup on mortgages
        144 25  -  Jimmy Chan I REFER to your article “No housing bubble in Singapore: Citigroup” (BT, Feb 25) which quotes an analysis by Citigroup Singapore which says that our total mortgages of $203 billion represents only 24 per cent of residential value. A clearer picture
        144 words
Page thumbnail Page 25
Page thumbnail Page 26
  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Qantas to cut 15% of staff as it falls into red
      780 26 Radical revamp planned to cut costs by A$2b in bid to get state aid Reuters [SYDNEY] Qantas Airways is axing 15 per cent of its workforce, slashing spending and selling oil-guzzling older planes after stiff competition at home and
      Reuters; PHOTO: BLOOMBERG  -  780 words
    • Article
      Lock icon New ship orders threaten to derail recovery
      524 26 Reuters [LONDON] Overcapacity threatens to derail a fragile recovery in the global shipping sector as ship owners and investors place orders for new vessels betting on better times, a survey showed yesterday. Ship owners ordered large numbers of vessels between 2007 and 2009,
      Reuters  -  524 words
    • Article
      Lock icon Lobby group: Force airlines to follow EU emissions law
      462 26 Bloom berg [BRUSSELS] Foreign airlines that failed to comply with emission curbs in the E uro p ean U n i on s cap-and-trade programme must be forced to pay for their pollution, according to the Transport Environment lobby group. The
      Bloomberg  -  462 words
    • Article
      Lock icon TRANSPORT STOCKS
      240 26 SGX '000 Feb 27 S$ +/-Vol Ch Offshore 0.41 unch 135 Chuan Hup Hldg 0.26 unch 215 Cosco Corp 0.69 unch 738 Cwt Limited.................1.31 0.01 790 First Ship Lea unch unch 0 Grand Banks unch unch 0 Jaya Hold Ltd nnrh K1Ventures Chuan Hup Hldg Keppel Corp 10.44
      240 words
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      2008 26 WATO NOTICES Rules 91 and 101 FORM 69(3) IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF JURONG TECHNOLOGIES INDUSTRIAL CORPN. LTD (IN COMPULSORY LIQUIDATION) NOTICE OF INTENDED DIVIDEND Name of Company: Jurong Technologies Industrial Corpn. Ltd (In Compulsory Liquidation) Companies Winding Up Number: 138
      2,008 words
Page thumbnail Page 27
  • PROPERTY
    • Article
      Lock icon S’pore private home rent rates expected to fall
      644 27  -  Analysts see decline in demand as expatriate population shrinks By LYNETTE KHOO By lynkhoo@sph.com.sg THERE is now a growing consensus among analysts that rental rates for private homes will slide in the coming two years since the official data showed the first
      644 words
    • Article, Illustration
      Lock icon US housing wealth centred in a few markets
      735 27 Study finds 10% of communities held 52% of total wealth WP [WASHINGTON] A sizable chunk of America’s housing wealth is concentrated in a few markets, and that picture is unlikely to change as the housing recovery unfolds, according to a report released
      WP; PHOTO: BLOOMBERG  -  735 words
    • Article, Illustration
      Lock icon Ukraine’s unfinished revolution has mansion to match
      1336 29  -  Workers abandon construction of Yanukovych’s luxurious Black Sea retreat By ANDREW HIGGINS NYT [LASPI, Ukraine] Chased from his sumptuous villa outside the Ukrainian capital and last sighted searching for a sanctuary on the Crimea Peninsula, Viktor F Yanukovych, the former president, suffered a
      NYT; PHOTO: SERGEY PONOMAREV/THE NEW YORK TIMES  -  1,336 words
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      526 27 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D04 HOUSE FOR SALE OCEAN DRIVE Seafront living Bunglw. A&A 2012 Worth $5.6m 2sty+ basement, 5 bdrm+ dining+ 2 maid rms gym, pool. Land 9580/ *****sf. Alan 9852 9055 D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa 3½-Storey 8159 sqft,6+1 ensuite, 2 living,
      526 words
    • Advertisement
      Lock icon Page 27 Advertisements Column 2
      113 27 D09 APARTMENT FOR SALE CAVENAGH GARDENS Looking for good buy with en-bloc potential? Cavenagh Gardens! 3 rooms, 1550sqft, asking only $14xxpsf!!! Hurry! Don’t miss! D09 APARTMENT FOR SALE HORIZON TOWER 2302 sf. East Block. High flr. Near Orchard MRT. Full facilities. Serious seller. Clinton 9851 2159 D09 APARTMENT FOR SALE
      113 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      244 28 D09 APARTMENT FOR SALE THE PATERSON 3068sf of F’hold Penthouse described in 3-levels of classy designer decor. Not to be missed by any discerning buyer. Call Peg Ho *****130 D10 APARTMENT FOR SALE BALMORAL Sell Below Value! Fhold, Newly Reno. Pte Lift. Wet/Dry Kitchen. Face NS. Newton MRT. 3 rm
      244 words
    • Advertisement
      Lock icon Page 28 Advertisements Column 2
      272 28 D23 APARTMENT FOR SALE REGENT GROVE 3 Bedrooms. 1172 sqft. Opp Yew Tee MRT. #07. $920k. Choice unit! Vacant. 9147-2255 Philip D28 APARTMENT FOR SALE RIVERBANK FERNVALE Price From $9xxPSF. 3 Dual Key/ 4/ 5 Bedrooms with Private Lift. Brand New! Direct River View Available! Open For Booking Now!! Hurry!
      272 words
    • Advertisement
      Lock icon Page 28 Advertisements Column 3
      253 28 D10 HOUSE FOR RENT DALVEY ROAD GCB 5+3rm 15K/8700sf. Park 6 cars beautiful Balinese hse w/pool huge kitchen $29k Owner 9372 8358 D10 HOUSE FOR RENT DUCHESS ROAD D10 Duchess road, new built bungalow. Pool 7+1 Terraces, ramp access. Quiet. Easy access. MRT 2016. Amenities. neg. 9752 6884 D10 HOUSE
      253 words
    • Advertisement
      Lock icon Page 28 Advertisements Column 4
      241 28 D26 HOUSE FOR RENT SPRINGLEAF Semi-D 4+1 spacious 2-sty Big garden, New paint 4970/ 3600 sf. Park 2 cars. 9829 8848 Linda D05 APARTMENT FOR RENT S BOTANNIA CONDO 3 bdrm 1227 sqft. High flr, pool view, f/furn (dish washer, screen window) Shuttle to Clementi MRT. Available 16 March $4.6K
      241 words
    • Advertisement
      Lock icon Page 28 Advertisements Column 5
      260 28 D20 APARTMENT FOR RENT CENTRO RESIDENCE 2-bdrm 818 sqft Mins to AMK MRT. Unblock View. Professional preferred. Rental $4K neg. Call Daisy 8571 7327 Savills D02 SHOP FOR SALE PECK SEAH STREET Corner Shophouse 2-storey with attic. Land 2494/ Built 5200 sqft. Facing Tanjong Pagar Ctr MRT entrance. 79 yrs
      260 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      128 29 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D19 FACTORY FOR SALE RAMP UP FACTORY Hurry, Don’t Miss! Last Unit, ramp up closest to ground flr, near passenger lift, corporate image, 2077 sqft, TOP March 2015 D20 FACTORY FOR SALE MIDVIEW CITY B1, 1432 sqft. Tenanted till Apr 2016. Rental
      128 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 2
      109 29 D22 OFFICE FOR SALE VISION EXCHANGE At Venture Drive. New! Rare unit! 99 years strata, Office/ Medical/ F&B. No ABSD, No SSD. Hurry!!! Don’t miss! Register your interest now! D25 FACTORY FOR SALE HARVEST WOODLANDS B2 #09 1658 sf. Bare. Column free. Ample parking. Call Jeff 9363 7038 PN D01
      109 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 3
      146 29 D01 OFFICE FOR RENT SUNTEC TOWER 1 2300 sqft, low floor, can be sub-divided, available immediate, near MRT. Ask $7.50psf negotiable. George 9628 1628 DTZ D05 WAREHOUSE FOR RENT PASIR PANJANG AREA 1000-3000 sqft. Available immediate. Short/ long-term lease. Interested please call 9685 6713 D14 FACTORY FOR RENT ALJUNIED ROAD
      146 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 4
      99 29 D15 SHOP FOR RENT KATONG SHOPPING CENTRE Good location! 215 sqft. Near escalator. Available immediate. Rental $2300. Also for Sale. Hurry!! Call now! Shelis Tay 9792 2425 GPS D23 OFFICE FOR RENT THE SPIRE At Bukot Batok Crescent. 1539 sqft. High floor. Partially fitted. With carpet. Don’t miss! Available immediately.
      99 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 5
      159 29 FOREIGN PROPERTY FOR SALE KUALA LUMPUR New KSL Sales Gallery Bugis Cube. Iskandar/ KL Condo and Landed projects. Attractive Early Bird Package! Call Jess Khoo, 9878 6709 FOREIGN PROPERTY FOR SALE GLENMARIE GARDENS F’hold. Bungalow 4+2+2. Pool/ Guarded Shah Alam/ K L. For special preview call Marjinah Sairi *****727 www.ninaproperty.com
      159 words
Page thumbnail Page 30
  • Article
    Lock icon Shipping Times
    2294 30 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
    2,294 words
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      132 30 Shanghai Chittagong C a il a n E n n o r e J e d d a h B r Ho Chi Minh NYK RORO &Conventional ServiceREGULAR SERVICE TO REGULAR SERVICE TO Persian Gulf, Bengal, Red Sea, Australia, East South Africa, Asia Europe is b a n e H
      132 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 2
      126 30 ‘V'Ti r JffN new ie pc rgi Services we provide: Transportation/Haulage Mechanical Repairs Pre Delivery Inspection Refurbishment Accessory Fittings Washing Storage/Preservation Yard Management Wallenius Wilhelmsen Logistics Singapore Pte Ltd Tel: (65) 6379 5166 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com Website: http://www.2wglobal.com FREIGHT LINKS EXPRESS Customer Service Contact: *****535, *****553, *****541,
      126 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      169 31 mporters ooking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 mu
      169 words
    • Advertisement
      Lock icon Page 31 Advertisements Column 2
      19 31 USE THIS SPACE TO SELL CALL JOE WO IMG AT 9620 1327 TO ADVERTISE the Business times Shipping Times
      19 words
Page thumbnail Page 32
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3181 32 Transaction date: Feb 27 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 Last Vol Day Last Quote Div Gr Yld Net 25.5 23.5 AIMSAMPI Reit R 24 2041 25.5 23.5 23.5 24
      3,181 words
    • Article
      Lock icon SGX CATALIST
      273 33 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 21 t 3Cnergy 500 Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale ('000) High Low Buyer Seller
      273 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11569 33 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FuncTCI A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.17/ Aberdeen Asset Mgt Asia Limited American Opp 0.9572/ Global Emerging Markets!** Asian Smaller Cos! China Opportunities' 1.8482/ 2 6527/ EM Local Ccy Bond 0 8844/ European
      11,569 words
    • Article
      Lock icon GLOBALQUOTE
      249 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 35.5 Genting HK US$ US40 unch 3733 40 39.5 39.5 40 2633.8 Sale 318 191 TanChongInt HK301 unch 69 302 301 297 302 4.3 2.3
      249 words
    • Article
      Lock icon SGX ETF
      1120 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 121 108.3 ABF SG Bond ETF 113 -0.2 113 113 112 114 515.8 143 119 CIMB APAC Div 100S$D 124.5 +0.6 124.5 124.5 124 125 114.4
      1,120 words
Page thumbnail Page 33
Page thumbnail Page 34
  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      677 34 Feb 27 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.87 *****.01 *****.37 Mar14 *****.00 *****.00 *****.00 *****.00 ***** *****3 Jun14 *****.00 *****.00 *****.00 *****.00 250 8439 MSCI TAIWAN INDEX FUTURES SPOT 301.54 303.07 301.54 Mar14 302.10 303.10 301.10 302.80 ***** *****5 Apr14 302.80
      677 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 34 In local curr In S$ In US$ dy yr dy yr dy yr Feb 26 Index Change Change Change Change Change Change World Preliminary 1189.6 0.1 0.4 0.1 0.6 -0.1 0.4 EAFE Preliminary 958.0 -0.3 0.2 -0.5 0.8 -0.7 0.5 Europe Preliminary 1384.6 -0.3 2.2
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 34 Feb 27 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.992 5.459 0.652 6.912 55.210 103.811 0.912 9.520 2.920 1.070 93.524 39.785 1.129 9.642 0.794 27.024 29.023 0.535 0.891 Canada 1.008 5.504
      471 words
    • Article
      Lock icon SIBOR
      34 34 Feb 27 (US$) (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) (S$) 3 mths ..0.***** 3 mths Source: Thomson Reuters
      34 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      86 34 Feb 27 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 27-Jun-14 0.29 1-Year BY*****T 31-Oct-14 0.31 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.59 5-Year NX*****W 2.5 01-Jun-19 105.44 105.55 105.54 10-Year NX*****H
      86 words
    • Article
      Lock icon PRECIOUS METALS
      134 34 Feb 27 GOLD(US$/oz) Feb 27 Feb 26 Hong Kong 1330.00 1347.00 Feb 26 Feb 25 London 1324.80 1340.63 1326.05 1341.27 Source: Thomson Reuters CAST BAR Feb 27 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 122 54 5gm 345 270 10gm 616 540
      134 words
    • Article
      Lock icon PALM OIL
      57 34 Feb 27 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 14 2822.0 2830.0 2845.0 2787.0 214 1807 Apr 14 2830.0 2829.0 2830.0 2785.0 2711 ***** May 14 2805.0 2810.0 2807.0 2770.0 ***** ***** Jun 14 2781.0 2781.0
      57 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 34 Feb 27 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1281 1.1289 0.8905 0.8909 Canadian dollar 1.1373 1.1382 0.8982 0.8977 Euro 1.7310 1.7318 1.3664 1.3666 NZ dollar 1.0540 1.0551 0.8320 0.8326 Sterling pound 2.1081 2.1094 1.6641 1.6646
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 34 Feb 26 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 14 1407.25 1399.00 1408.00 1392.25 May 14 1397.00 1387.25 1397.75 1381.25 Jul 14 1373.25 1370.00 1375.00 1363.25 Aug 14 1323.75 1320.50 1325.00 1314.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 14
      109 words
    • Article
      Lock icon LIFFE
      94 34 Feb 26 COCOA (£/tonne) Close Prev High Low Mar 14 1814 1810 1816 1789 May 14 1827 1821 1829 1803 Jul 14 1825 1820 1827 1802 Sep 14 1821 1815 1823 1797 COFFEE(US$/tonne) Close Prev High Low Mar 14 2021 2038 2041 2006 May 14 1996 2017 2012 1985
      94 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 34 CRUDE OIL PRODUCTS Feb 26 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.81 -0.10 WTI (Near Mth) 102.60 0.61 Dubai (1-Mth F) 105.43 -0.74 Tapis blend 113.68 -0.71 Minas 107.78 -0.71 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 103.14 -0.92 Jet Kerosene 123.22 -0.77 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 34 Feb 27 S$ Bid Offer 1-month 1.2668 1.2672 2-months 1.2668 1.2672 3-months 1.2667 1.2671 6-months 1.2665 1.2669 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      65 34 Feb-26 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1729.50 1725.75 3 months 1774.50 1771.00 Copper, Grade A(US$/tonne) Cash 7104.50 7134.00 3 months 7026.00 7064.50 Lead(US$/tonne) Cash 2115.25 2098.75 3 months 2135.00 2120.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
      65 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1317 34 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 40 halt 0.0 5 -89 53 Asia-Pacific Strategic W*****6 0.2 halt 1 123 159 237.50 3 Acma Ltd W*****7 Ratio Albedo Limited W*****9 Price Ascendas Reit MB ECW*****3
      1,317 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 34 As at 9am Feb 27 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.158 1.103 Can dollar 1.159 1.115 Euro 1.775 1.691 Sterling pound 2.152 2.070 NZ dollar 1.079 1.038 US dollar 1.293 1.232 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      161 34 Feb 27 $S Offer Bid 0vernight 0.05 0.02 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.10 US$ Offer Bid 7 days 0.20 0.10 1 month 0.26 0.16 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
      161 words
Page thumbnail Page 35
  • executive lifestyle
    • Article, Illustration
      Lock icon Art scene hots up in Manila
      1888 35  -  Art collectors in-the-know are flocking to Manila for the strength affordability of its art, writesHELMI HELMI YUSOF IN a chic restaurant in Manila, the “mother of Indonesian artists” was taking notes. With pen in hand, she scribbled down names of Filipino artists she wanted
      PHOTOS: HELMI YUSOF  -  1,888 words
    • Article, Illustration
      Lock icon Wealth of Filipino art
      577 35 MUSEUMS Ayala Museum Dela Rosa Street, Makati Ayala Museum is located close to Art Fair Philippines. So if you’re visiting the fair next year, don’t forget to drop by this excellent institution. Currently, its exhibits include Ai Wei Wei’s massive installation Baby Formula (brought in by
      577 words
    • CINEMA
      • Article, Illustration
        Lock icon The shoo-ins at the Oscars 2014
        1204 36  -  Gravity and Dallas Buyers Club should clean up with the most awards for outstanding performances, predictsGEOFFREY GEOFFREY EU WINNING may not be everything at the 86th Academy Awards this weekend, but it comes mighty close. Unlike sporting events, there are no medals for second
        1,204 words
      • Article, Illustration
        Lock icon Neeson’s Die-Hard on a Plane
        583 36  -  By GEOFFREY EU THERE seems to be no stopping Liam Neeson’s late-career surge into the ac-tion-hero genre. After his surprising success as a soft-spoken, hard-nosed security expert in the Taken series, he gets another outing as a gun-toting good guy in Non-Stop, an airborne adventure
        583 words
      • Article, Illustration
        Lock icon Saccharine-sweet Disney
        553 36  -  By DYLAN TAN dylantan@sph.com.sg MICKEY Mouse goes head-to-head with Mary Poppins in Saving Mr Banks, a supercalifragilisticexpialidocious backstage drama about Walt Disney’s (Tom Hanks) two-decade pursuit of the rights to PL Travers’s (Emma Thompson) classic book because he promised his daughters he would make a movie out of
        553 words
    • CINEMA/MUSIC
      • Article, Illustration
        Lock icon Real feel of action
        650 37  -  Local action fans Jimmy Wong and Randy Ang live their dreams with re:solve writes DYLAN TAN DYLAN TAN WHEN action-movie fan Jimmy Wong decided to take the plunge into the world of filmmaking, there’s no prize for guessing which genre he went straight for. The forex
        650 words
      • Article, Illustration
        Lock icon Alice in Chains shrugs off the rust
        613 37  -  By HELMI YUSOF helmi@sph.com.sg ROCK gods probably don’t come any friendlier or more down-to-earth than William DuVall, current frontman of Alice in Chains, one of the last surviving acts to remain from the Seattle grunge movement of the 1990s. Speaking over the phone
        PHOTO: JOHNNY BUZZERIO  -  613 words
      • Article, Illustration
        Lock icon Empire of the Sun piles on the hits and make-up
        462 37  -  By DYLAN TAN dylantan@sph.com.sg SIGNS of concert fatigue could be creeping in if the modest turnouts at two Fort Canning concerts last week were anything to go by. With a mixed bag of big names and alternative acts playing in
        PHOTOS: DOMINIC PHUA  -  462 words
      • Article, Illustration
        Lock icon Tokyo Philharmonic takes on the world
        436 37  -  By DYLAN TAN dylantan@sph.com.sg THE Tokyo Philharmonic Orchestra is ready to shake up the classical world after the 2011 East Japan earthquake and tsunami thwarted their original plan of celebrating its 100th anniversary that year. It will hit the road next month, taking in
        436 words
    • ARTS
      • Article, Illustration
        Lock icon Dick Lee mines dad’s war diaries for play
        602 38  -  Rising Son is the first of a planned trilogy of plays, writes HELMI YUSOF DICK LEE is a name synonymous with good home-grown music, such as the groundbreaking The Mad Chinaman album and that much-beloved National Day Parade song, Home. But as
        PHOTOS: LIANHE ZAOBAO  -  602 words
      • Article, Illustration
        Lock icon Veteran actors bring new scripts to life
        302 38  -  HELMI YUSOF TWO years ago, the Singapore Repertory Theatre invited award-win-ning Asian-American playwright David Henry Hwang (M Butterfly, Chinglish) to Singapore to give a workshop with aspiring playwrights. The two best scripts that emerged from the workshop were Dora Tan’s A Wedding, A
        302 words
      • Article, Illustration
        Lock icon Mozart’s take on the young and the reckless
        542 38  -  By RACHEL LOI rachloi@sph.com.sg DIRECTOR Tom Hawkes is not short of praise when it comes to Mozart’s opera Cosi Fan Tutte. To him, it contains some of the best music by the renowned composer including one piece in particular which he wants
        PHOTO: SINGAPORE LYRIC OPERA  -  542 words
      • Article, Illustration
        Lock icon Embracing a peripatetic life of art
        957 38  -  B y CHEAH UI-HOON uihoon@sph.com.sg CHATTING with artist Chen Cheng Mei makes one think of that American Western slogan, have gun will travel. In her case, it was “have paintbrush will travel” right from the 1960s to the 1990s. Back in the days when
        PHOTOS: NAFA  -  957 words
    • WINE/PURSUITS
      • Article, Illustration
        Lock icon Maestro of java keeps it tongue-in-cheek
        653 39  -  By RACHEL LOI rachloi@sph.com.sg IN 2009, Gennaro Pelliccia’s tongue was insured for 10 million pounds a quarter of what David Beckham’s legs were reportedly worth. It isn’t insured anymore, but the point of it back then was to show how the art of tasting
        PHOTOS: COSTA  -  653 words
      • Article, Illustration
        Lock icon The right wine for Asian food
        919 39  -  Making an informed choice of wine with Asian fare heightens the outing, writesNK NK YONG I EXPECT that there are many who, like me, have become so accustomed to drinking wine with our meals that the idea of just water as the beverage becomes
        PHOTO: AFP  -  919 words
      • Around Town
        • Article
          Lock icon Stage
          112 39 Poor Thing:Citizen journalism, road rage and social media The Necessary Stage explores these three aspects of local society in its latest production, Poor Thing. The play boasts a unique twist by making use of social media to interact with its audience. The day before the performance, audience members will
          112 words
        • Article
          Lock icon Concert
          90 39 Odysseys: Join the tze n Looking Glass Orchestra on an Odyssey this weekend as they play a blend of film scores, Jazz, Indian, Chinese and European music. The contemporary Asia fusion ensemble will also explore a unique mix of music inspired by anime and even video games. Conducted by
          90 words
        • Article
          Lock icon Exhibition
          89 39  -  Compiled by CHEW HUI YAN Cityscapes:Catch UK-based photographer Jason Denning's panoramic pictures of cities this weekend at his first exhibition in Asia. The exhibtion will feature photographs that are part of an on-going project to capture the world’s cities in all their grandeur. This includes pictures of some of
          89 words
        • Article, Illustration
          Lock icon Pick of the Week
          208 39 THIS could be your last chance to catch guitar legend Eric Clapton. In his latest Japanese tour programme, the 68-year-old pens a thank-you note to fans and hints the current string of shows he’s playing could very well be his final ones. In it, “Slow Hand”
          208 words
  • Page 35 Advertisements
Page thumbnail Page 36
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Lock icon Page 37 Advertisements Column 1
      200 37 Marshall 1 Cohn Scah P )Paul Barbera Courtesy of Ministry of Design nera L,oqpnpue interior design lifestyle summit Tom Dixon ©Peer Lindarecn Kelley Ch Chef Audi ©Restaurant Andri t MAISON&OBJET ASIA presents the first INTERIOR DESIGN LIFESTYLE SUMMIT. 20 conferences analysing key market trends, presenting the most prestigious architectural projects
      200 words
Page thumbnail Page 38
Page thumbnail Page 39
  • Page 39 Miscellaneous
    • Miscellaneous
      Lock icon Page 39 Miscellaneous Column 1
      362 39 CRYPTIC CROSSWORD Across 7 Female in the family makes good money having obtained degree (7) 8 Robber in group carrying apparatus (7) 10 I leave guy floundering in a prestigious academic group (3,6) 11 Injured coming to a premature stop on lake (5) 12 Old group having gone to gym
      362 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Lock icon Page 40 Advertisements Column 1
      258 40 HIGHER LIVING There’s no compelling address as desirable as Damansara Heights. As astute investors, you would appreciate the value and appeal of this prized affluent suburb in Kuala Lumpur, home to Malaysia’s elite. Discover the many life facets of Damansara Heights and take pleasure in the fine luxury living offered
      258 words