The Business Times, 1 April 2014

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

Microfilm: NL33108
Total Pages: 28
1 28 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Tuesday, April 1, 2014G
    25 words
  • Article, Illustration
    Lock icon Developers crank up marketing machine
    1041 1  -  Seminars at showflats, multiple agencies among tools used as launch sales dry up By LYNETTE KHOO lynkhoo@sph.com.sg [SINGAPORE] In yet another sign of tepid private residential sales, the proportion of projects that managed to move more than half of their units in the month of
    1,041 words
  • Article, Illustration
    Lock icon Malaysia on track to implement GST next year
    516 1  -  By in PAULINE NG in Kuala Lumpur MALAYSIA Deputy Finance Minister Ahmad Maslan yesterday tabled the Goods and Services Tax (GST) Bill 2014 in Parliament, putting it on track for implementation in a year. During the 2014 Budget in October, the government
    FILE PHOTO  -  516 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,188.62 (+16.45) HST INDEX FUTURES 3,162.00 (-10.00) GSIMSCI 359.41 (+1.59) HSIMSCI FUTURES 357.40 (-0.90) US$ S$ US$ (S$ per US$) 1.261 (US$/S$ per 1.664 2.097 EURO (US$/S$/€ 1.376 1.734 Foreign currency per US$ S$ YEN 103.00 81.70 RM 3.268 2.592 HK$ 7.758 6.154 BAHT 32.44 25.73 RUPIAH
      65 words
    • Article
      Lock icon MARKETS
      47 1 Monday Change KL COMP 1,849.21 -1.52 NIKKEI 225 14,827.83 +131.80 HANG SENG 22,151.06 +85.53 SET INDEX 1,376.26 +7.36 JAKARTA COMP Closed MANILA COMP 6,428.71 +69.09 SEOUL COMP 1,985.61 +4.61 SHENZHEN B 820.35 +2.66 MUMBAI IND 22,386.27 +46.30 11.30am EDT Change DOW 16,414.24 +91.18 NASDAQ 4,196.70 +40.94
      47 words
    • Article
      Lock icon PRIME RATES
      23 1 SINGAPORE 5.35 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA JAPAN TAIWAN KOREA JAPAN 1.475 KOREA 9.33 SWITZERLAND 0.50 INDIA 3.25 Source: Bloomberg
      23 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      62 1 S’PORE NEWS Republic tops Accenture’s study on e-government PAGE 8 SME Inc Growing on an international platform PAGE 9 COMMENTARY How useful is GDP as an economic measure? PAGE 21 COMPANIES TT Int’l to focus on retail operations PAGE 4 Depuis 1775 Classique Hora Mundi 5157 BREGUET BOUTIQUE 2 BAYFRONT
      62 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      6 1 887 1 8 I 11 *****4
      6 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      382 2 Developers crank up marketing machine THE proportion of projects that managed to move more than half of their units in the month of their launch has declined significantly last year. FRONT PAGE M’sia on track for GST next year MALAYSIA’S Deputy Finance Minister Ahmad Maslan tabled Goods and
      382 words
    • Article
      Lock icon Bank lending in Feb grows at slower pace for the third month
      554 2  -  Construction loans contracted over the month for first time since Jan 2011 By JAMIE LEE leejamie@sph.com.sg [SINGAPORE] Bank lending in Singapore in February grew at a slower clip for the third straight month, with the loan business involving
      554 words
    • Article, Illustration
      Lock icon Asia-Pac syndicated loans fall 12.8% in Q1
      518 2  -  By JAMIE LEE leejamie@sph.com.sg [SINGAPORE] The value of syndicated loans in Asia-Pa-cific (excluding Japan) fell 12.8 per cent over the year to US$75.9 billion in the first quarter of this year, yanked down by weakness in borrrowings linked to China, data from Thomson
      Source: Thomson Reuters  -  518 words
    • Article
      Lock icon Prepaid SIM card quota per person cut from 10 to three
      472 2  -  By JOYCE HOOI By joyceh@sph.com.sg [SINGAPORE] The number of prepaid SIM cards that a subscriber can have has been cut from 10 to three effective from today in a bid to stem their use in illegal activities. This move
      472 words
    • Article
      Lock icon Correction and clarification
      104 2 IN the Bloomberg story “Singapore LNG confident of managing second terminal”, published in BT on March 31, 2014, it was mentioned that Singapore LNG Corp’s current terminal is South-east Asia’s biggest liquefied natural gas terminal. It should have been South-east Asia’s biggest liquefied natural gas receiving terminal.
      104 words
    • Article, Illustration
      Lock icon MH370 may raise aviation sector insurance rates
      816 2  -  By ANITA GABRIEL anitag@sph.com.sg [SINGAPORE] With the disappearance of the Malaysia Airlines jet, the aviation-in-surance industry could face one of the biggest “war-loss” payouts since the terrorist attack on New York’s World Trade Centre in 2001. If it is indeed the case that
      PHOTO: AFP  -  816 words
    • Article, Illustration
      Lock icon S’pore business confidence rebounds for Q2: study
      443 3  -  Improved outlook due to signs of growth in global economy: SCCB By KELLY TAY By kellytay@sph.com.sg [SINGAPORE] Business optimism for the upcoming quarter has taken a turn for the better, with more companies expecting increases insales, profits, employment, new orders, inventories and selling
      Source: Singapore Commercial Credit Bureau  -  443 words
    • Article
      Lock icon EMA reviews disclosure of data for better trading
      515 3  -  By RONNIE LIM ronnie@sph.com.sg [SINGAPORE] With a six-month trial starting this month for electricity futures trading followed by expected trading proper in October the Energy Market Authority (EMA) is reviewing the disclosure of market information and how to enhance this to better
      515 words
    • Article
      Lock icon Herd instinct among foreign investors in EMs as strong as ever: IMF
      557 3  -  By ANTHONY ROWLEY in Tokyo THE “herd” instinct among foreign investors in Asian and other emerging markets still appears to be as strong as ever despite a supposedly more discriminating approach towards assessing the economic fundamentals of such
      557 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      652 3 NEW LAUNCH Advertorial Tuas: The epicentre of industrial growth Hyflux Desalination Plant (u/c) The Index Sales Gallery Tuas South Incineration Plant Westlink °Ur, GlaxoSmithKline f Biologicals Wyeth Pharmaceuticals Rizer Global 'S' Manufacturing Mead Johnson (u/c) Westlink Two /p Enterprise Logistics 3 Centre Ciba Vision JTC BioMed One Tuas Biomedical Park
      652 words
Page thumbnail Page 4
  • COMPANY NEWS
    • Article, Illustration
      Lock icon TT Int’l to focus more on retail operations
      591 4  -  This is one of three pillars; it hopes to return to sustainable profitability By RAPHAEL LIM raphlim@sph.com.sg TT International (TTI), known for its consumer electronics and furniture brands such as Akira, Castilla and Barang Barang, will focus more on its retail operations
      591 words
    • Article, Illustration
      Lock icon S’pore market cap up 2.3% from Feb
      574 4  -  March value of $915.9b is also up 1.8% from Dec By KENNETH LIM kenlim@sph.com.sg THE value of the Singapore stock market rose month-on-month to close the first quarter at $915.9 billion, with large-caps and the commerce sector leading the way. The total market
      Compiled by BT  -  574 words
    • Article
      Lock icon Untitled
      277 4 Quotation of taxable book-entry Singapore Government Bonds (March 31,2014) GROSS REDEMPTION YIELD COUPON NUMBER OF DAYS OF ACCRUED INTEREST INTEREST PAYMENT DATES AMOUNT ($m) COUPON RATE CLOSING CLOSING PRICES* (EXCLUDING ACCRUED INTEREST) YEAR RAISED ISIN CODE MATURITY DATE 01.07.2014 NX*****F 2004 3 5/8 5800.00 1/1 1/7 89 100.82 0.39 SG**********
      277 words
    • COMPANY BRIEFS
      • Article
        Lock icon Linc Energy finds oil in Alaska oil field
        89 4 OIL and gas producer Linc Energy has produced 650 barrels of crude oil during flow testing at a well in its Umiat oil field in Alaska the first time crude oil has surfaced in quantities there since 1952. At full commercial production,
        89 words
      • Article
        Lock icon CapitaLand boosting stake in AIM Japan
        63 4 CAPITALAND Limited is acquiring a further 40 per cent stake in Ascott International Management (AIM) Japan which manages serviced residences in the country for 20 million yen (S$250,000) from Mitsubishi Estate Co. The deal, which makes AIM Japan a wholly owned subsidiary of CapitaLand,
        63 words
      • Article
        Lock icon Nam Cheong secures deals for two vessels
        81 4 OFFSHORE support vessels provider Nam Cheong has secured two contracts worth US$43.1 million, bringing its order book to RM1.4 billion (S$539.8 million). It sold an anchor handling towing supply vessel to Kayfour Development Corporation Sdn Bhd, a subsidiary of a new customer that
        81 words
      • Article
        Lock icon GLP Hiroshima now fully leased
        65 4 GLOBAL Logistic Properties (GLP) has leased 21,000 square metres at GLP Hiroshima to third-party logistics provider Sagawa Global Logistics Co, in their first collaboration. With the agreement, GLP Hiroshima, located in Hiroshima Prefecture, Western Japan, is fully leased. Sagawa Global Logistics is consolidating operations from
        65 words
      • Article
        Lock icon HPH Trust assoc buys more of subsidiary
        50 4 AN associate of Hutchison Port Holdings (HPH) Trust, Shenzhen Yantian Tugboat Company Ltd, has agreed to buy a further 13 per cent stake in Shenzhen Unitug Harbor Shipping Development Company Ltd for 2.27 million yuan (S$459,200), lifting its stake to 66 per cent.
        50 words
    • Article, Illustration
      Lock icon Teho banks on property as part of core business
      622 5  -  It plans to cast its net wide after acquisition of property firm Reports by MALMINDERJIT SINGH msingh@sph.com.sg OFFSHORE marine company Teho International’s proposed move into the property business is more than just a diversification. The Catalist-listed company is hoping that this
      ST FILE PHOTO  -  622 words
    • Article
      Lock icon Sembcorp wins industry and govt recognition for China water business
      228 5 GOOD things come in pairs. For Singapore’s Sembcorp Industries, it is gaining both industry and government recognition for its industrial water business in China. The first was a major award for its wholly owned Chinese subsidiary, Sembcorp China. It won
      228 words
    • Article
      Lock icon Pacific Radiance secures contract for newbuild
      351 5 OFFSHORE marine services provider Pacific Radiance has bagged a contract worth up to US$100 million for its latest maintenance work vessel. The company revealed yesterday that the vessel, which is also the first of its 14 newbuilds scheduled for delivery in the current financial
      351 words
    • Article
      Lock icon A-HTrust in placement to raise at least $50m
      238 5  -  By SHEENA TAN tsheena@sph.com.sg ASCENDAS Hospitality Trust (A-HTrust) will be offering 71.9 to 73.5 million new stapled securities in a private placement. The move will raise gross proceeds of at least $50 million to partially fund its acquisition of Osaka Namba Washington
      238 words
    • Article
      Lock icon US to shine among DM stocks: Phillip Futures
      692 7  -  India and Indonesia rally to continue in the short term By CAI HAOXIANG haoxiang@sph.com.sg DESPITE disappointing economic data in the first quarter of the year, the US is expected to shine among developed market stocks in the second quarter, said broker Phillip
      692 words
    • Article
      Lock icon SGX seeks public feedback on electricity futures
      282 7  -  By CARINE LEE carinel@sph.com.sg THE Singapore Exchange (SGX) is proposing the introduction of electricity futures the first to be introduced in Asia and is seeking the public’s feedback. The proposed SGX Uniform Singapore Energy Price (USEP) Quarterly Base Load Electricity Futures will be
      282 words
    • Article
      Lock icon Gold price expected to see bigger swings in Q2
      385 7  -  Reports by ANDREA SOH sandrea@sph.com.sg GOLD price volatility is likely to be higher in the second quarter, given the mixed outlook, said broker Phillip Futures in a report yesterday. Among the bearish factors weighing on gold prices are speculative safe haven
      385 words
    • Article
      Lock icon Accept exit offer for Chemoil: IFA
      310 7 THE independent financial adviser (IFA) to the exit offer for Chemoil Energy has advised its independent directors to recommend that shareholders accept the offer. A subsidiary of Glencore Xstrata the fourth-largest diversified mining firm globally is seeking to take the mainboard-listed firm private at
      310 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      135 4 FHA BD14 www.foodnhotelasia.com Ctytnei spirits. a on < Asia 2014 www.winespiritsasia.com 7 DAYS TOGO Asia’s Largest and Most Comprehensive International Trade Event for the Food and Hospitality Industry 8 11 April 2014 Singapore Expo, Hall 1 to 10 ■ov**Svo»s\ Organiser: H Singapore Exhibition Services Pte Ltd Endorsed by: Approved aifjj
      135 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      32 4 (ft tt. LI a n h e Zaobao More act as exclusive distributors of insurance More banks act as exclusive distributors of insurance companies To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      32 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 3
      32 4 o m m s* m James fig 0 (K JrMVO Download omy Apps omy News iOS App Store HffiS am Google Play a omy Showbiz os App store showbiz.omy.sg WM Google Play
      32 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      332 5 p PRIVILEGE BANKING With up to 1.20 0. o p.a. interest, it’s a High Yield Account that lives up to its name. Enjoy premium interest rates on your consolidated deposits and investments when you deposit Incremental Fresh Funds* into a new or existing UOB High Yield Account. Here’s how you
      332 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI stages end-quarter pick-up
      606 6  -  Index rises 16 points in tandem with regional indices following Wall Street’s Friday gains STOCKS ANITA GABRIEL anitag@sph.com.sg Senior Correspondent THE local bourse bid adieu to the last trading day of a volatile first quarter with a half a per cent gain, buoyed by a positive
      Source: Bloomberg  -  606 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 6 Mar 31 VALUE CLOSE BT OB/OS 153.00 -9.00 BT CADI -*****.00 +60.00 BT 10-day MA -*****.00 +16.00 FTSE ST Mid Cap 724.17 -0.10 FTSE ST Small Cap 544.00 -0.01 FTSE ST All Share 773.02 +3.03 FTSE ST China Top 198.82 -0.20 FTSE ST China 225.22 -0.01 FTSE
      77 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      54 6 VOLUME Albedo 217,931,000 Transcu Grp 205,963,000 Digiland 103,691,000 Memstar 86,646,000 LionGold 79,947,000 KLW Hldgs 56,126,000 Avi-Tech 55,789,000 Golden Agri 54,662,000 Noble Grp 51,562,000 Blumont 50,798,000 VALUE($) DBS Grp 109,354,650 UOB 85,111,480 SingTel 83,974,270 Noble Grp 62,047,370 CapitaLand 44,332,440 Keppel Corp 39,889,790 SIA 37,320,730 Golden Agri 31,475,012 GLP
      54 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 4 4 0 0 0 7 4 4 Manufacturing 53 35 46 12 7 9 65 42 55 Commerce 22 15 27 4 6 3 26 21 30 Tpt/Stor/Comms 13 13 15
      186 words
    • Article
      Lock icon BROKERS’ TAKE
      972 6  -  Compiled by TEH SHI NING Capita Land March 31 close: S$2.89 OCBC Investment Research, March 31 CAPITALAND announced that it has acquired a 60 per cent interest in two adjacent prime residential sites in Chengdu, China, for 752 million yuan (S$155 million). These two land parcels have an
      972 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 15,691 15,691 80,376 80,376 Manufacturing 346,508 129,859 476,367 140,821 4,947 145,768 Commerce 233,920 279,222 513,142 141,414 14,475 155,889 Tpt/Stor/Comms 87,715 42,310 130,025 185,888 5,625 191,512 Finance 21,082 269 21,351 212,782 91 212,873 Construction 71,787 32,902
      123 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      110 6 Stock name Close Change CapMallsAsia 1.790 +0.025 CapitaLand 2.890 +0.070 CapitaMall 1.890 -0.005 CityDev 10.10 +0.080 ComfortDelGro 1.985 +0.030 DBS Grp 16.17 +0.090 GLP 2.650 +0.030 Genting SP 1.335 +0.005 Golden Agri 0.575 -0.005 HK Land 6.470 -0.020 HPH Trust US$ 0.650 -0.005 JMH 63.08 -0.020
      110 words
    • Article, Illustration
      Lock icon Sterling slips against euro on UK data
      506 6 CURRENCIES Reuters [LONDON] Sterling fell against the euro yesterday on softer UK data and as traders bought the single currency on speculation that, despite a sharp easing of price pressures in the eurozone, it was not enough to spur more easing by the
      Reuters; PHOTO: BLOOMBERG  -  506 words
    • Article
      Lock icon RISES
      114 6 BY CENTS CLOSE UP Lyxor ThaiSET 10US$ ***** 211.7 1.4 SPDRS S&P 500 10US$ ***** 158.8 0.7 JSH 3586 136.1 3.1 SPDR DJIA 10US$ ***** 110.9 0.5 DBXT EONIA 5US$ ***** 81.9 0.3 DBXT E50 10US$ 5340 79.4 1.2 Hyflux 6% CPS 10 ***** 75.0 0.7 DBXT MSEurope 10US$
      114 words
    • Article
      Lock icon FALLS
      133 6 BY CENTS CLOSE DOWN DBXT AUDCS 5SG$ ***** -129.0 -0.5 DBXT USDIGInfl 5US$ ***** -110.9 -0.3 DBXT AUDCS 5US$ ***** -103.3 -0.4 DBXT iBoxxUSTr 5US$ ***** -85.7 -0.3 GLD 10US$ ***** -39.1 -0.2 DBXT AUD Bonds 5AU$ ***** -26.8 -0.1 Pan Ocean 100 390 -20.0 -4.9 DBXT DBLCI-OY 5US$
      133 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
      166 7 Kim Fournais, Co-CEO Co-Founder 22:25 London, UK A twenty year journey. A number one platform. In 1992, two Danish entrepreneurs set out to create the world’s leading trading platform. Using state of the art technology, the idea was to establish Saxo Bank, parent company of Saxo Capital Markets, as the
      166 words
Page thumbnail Page 8
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Singapore tops Accenture’s study on e-government
      650 8  -  It pips nine other sample countries in effectiveness of digital applications By ANGELA TAN angelat@sph.com.sg SINGAPORE has taken the pole position among the 10 countries in Accenture’s new study on how governments use digital applications to engage citizens. The study, “Digital Government Pathways to
      BT Graphics: Ludwig Ilio; Source: Accenture  -  650 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Public Order Act to come into force today
        59 8 THE Public Order (Additional Temporary Measures) Act that will come into force today will enable the relevant government agencies to continue to take calibrated security, traffic management and alcohol restriction measures to maintain public order in Little India. The Act is a
        59 words
      • Article
        Lock icon Power tariffs up by an average of 0.3%
        108 8 ELECTRICITY tariffs will increase by an average of 0.3 per cent or 0.07 cent per kWh from today until June 30 this year, said SP Services. The increase is due to a 1.3 per cent rise in fuel costs, which was partially
        108 words
      • Article
        Lock icon National Arts Council grants raised by 25%
        64 8 THE National Arts Council (NAC) has committed $12.7 million for Major and Seed Grants in FY 2014, a 25 per cent jump from $10.2 million in FY 2013. Fifty-nine arts organisations will benefit from the funding. They comprise 36 companies receiving the Major
        64 words
    • Article
      Lock icon IE building bridges for infrastructure
      470 8  -  Unveils initiatives to turn Singapore into Asia hub By KARA QUEK karaquek@sph.com.sg SINGAPORE has the potential to become the infrastructure hub of the region, said International Enterprise (IE) Singapore yesterday, as it announced new initiatives in that direction. The first was aimed at developing a
      470 words
    • Article
      Lock icon Tele-rehabilitation promises less hassle for stroke patients
      509 8  -  By LISABELLE TAN lisatan@sph.com.sg RECOVERING stroke patients may soon be able to perform their rehabilitation exercises at home instead of having to shuttle to and from the hospital to meet their physiotherapist. All they need are an iPad loaded with the Home Rehab
      509 words
    • Article
      Lock icon Hawksford buys corporate services outfit Janus
      285 8  -  Acquisition of S’pore-based Janus is part of group’s Asian expansion By GOH KANG SHIONG gohkangs@sph.com.sg JANUS, a corporate services business based in Singapore, was acquired early this month by independent wealth structuring company Hawksford for an undisclosed sum. The acquisition comes as Hawksford seeks
      285 words
    • Article
      Lock icon WDA launches learning campaign
      394 8  -  By SHEENA TAN tsheena@sph.com.sg CONTINUED training has taken on a broader stroke to create a culture of lifelong learning among Singaporeans. In contrast to previous efforts targeted at specific groups, the Singapore Workforce Development Agency’s (WDA) lifelong learning campaign launched yesterday will be a nationwide effort
      394 words
    • Article, Illustration
      Lock icon Board changes at Spring, EMA, Sentosa Devt Corp
      361 8  -  Changes announced by MTI are effective from today By RAPHAEL LIM raphlim@sph.com.sg THE Ministry of Trade and Industry has announced board changes at Spring Singapore, Sentosa Development Corporation (SDC) and the Energy Market Authority (EMA) effective from today. Piyush Gupta, chief executive
      361 words
Page thumbnail Page 9
  • SME Inc
    • Article, Illustration
      Lock icon Growing on an international platform
      1105 9  -  SLP’s global stance helps it attract talent to drive growth, reportsWANG WANG XIN MIN LIKE the market in which it operates, the journey of property firm SLP International Property Consultants Pte Ltd has been marked by ups and downs. But crises are where opportunities lie,
      PHOTO: ARTHUR LEE  -  1,105 words
    • Article, Illustration
      Lock icon Are companies ready for the female talent explosion?
      1019 10 With the demographic foundation in place, suitable candidates meeting job requirements are increasingly likely to be female COMMENTARY Demographic dividends are set to dwindle as the size of working age populations shrinks. Further female empowerment is needed for companies to plug the
      PHOTO: BLOOMBERG  -  1,019 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      77 9 Flexible office space available now t osoft a» d9 els too 15 locations across Singapore Fully equipped and work ready offices Singapore From 1 to 50 people JTC Summit xi Orchard Tampines Junction nu Paoar Marina Bay Flexible terms to suit all businesses feffl Reception services Meeting rooms and videoconferencing
      77 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      204 9 i! 4 .v -Hi BBS!. P 1 -I C ■m r f iB.lllirilliTi im WORLD’S FINEST SERVICED OFFICES SERVICED OFFICES For the 1-10 man business Fully furnished prestigious offices Business registration offices available Dedicated receptionist answering your calls the way you would like Meeting rooms, bilingual secretaries Global IT infrastructure
      204 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      1523 10 beats notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices O IFS Capital Limited (Incorporated in the Republic of Singapore) Company Registration No. *****0827C NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Seventh (27 th Annual General Meeting of IFS Capital Limited (the "Company”) will be held at the
      1,523 words
Page thumbnail Page 11
  • EMERGING ENTERPRISE 2014
    • Article, Illustration
      Lock icon Cards make life easy for small firms
      1351 11  -  Cashless services make expense tracking easier, help manage costs and separate business expenses from personal ones, reports AMIT ROY CHOUDHURY reportsAMIT reportsAMIT ROY CHOUDHURY amit@sph.com.sg SMALL and medium-sized businesses (SMBs) are highly sensitive to cost and are constantly seeking ways to manage their
      PHOTO: ARTHUR LEE  -  1,351 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      194 11 The Emerging Enterprise Award 2014 is open for applications Over S$1.4 million worth of prizes to be won. Apply by 2 May 2014, Friday. For a copy of the application form, please visit www.EEaward.com Jointly Presented by: Official Auditor: Supported by: Innovation Partner: Preferred Payment Solutions Partner: BUSINESS TERM LOAN
      194 words
Page thumbnail Page 12
  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon ARMS outlines restructuring plan after founders split
      545 12 Firm plans to cut exploration, mining costs to counter falling coal prices Reuters [LONDON] Asia Resource Minerals (ARMS), the Indonesian miner emerging from years of bitter shareholder in-fighting, said on Friday it would now focus on restructuring its business to combat weak coal
      Reuters  -  545 words
    • Article
      Lock icon Indonesia voters losing faith in Islamic parties
      505 12 AFP [JAKARTA] Nisa Ariyani staunchly supported Indonesia’s Muslim parties her whole life, throughout decades of authoritarian rule and at the three legislative elections after the country became democratic. But when tens of millions vote in parliamentary polls in the world’s most populous Muslim-majority
      AFP  -  505 words
    • Article
      Lock icon Cahya Mata likely to take over Sacofa
      458 12 Move comes amid KL plans to enhance broadband service [PETALING JAYA] Cahya Mata Sarawak Bhd (CMS), which has its fingers in almost all key economic areas of the eastern Malaysian state, is now looking at a piece of action in the telecommunications segment.
      458 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      1361 12 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices MUN SIONG ENGINEERING LIMITED Company Registration No. *****0250M (incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of MUN SIONG ENGINEERING LIMITED (the "Company’’) will be held at 35 Tuas Road,
      1,361 words
Page thumbnail Page 13
  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Citic investors sceptical about asset injection
      1013 13 Its shares fall after lack of clarity clouds issue of opening up state-owned assets Reuters [BEIJING] China’s move to list one of its biggest state-run conglomerates in Hong Kong has left some investors questioning whether Beijing’s choice is about improving corporate management and welcoming
      Reuters; PHOTO: REUTERS  -  1,013 words
    • Article
      Lock icon Rare victory for Indian fund managers
      687 13 Group of seven fund firms force Maruti to backtrack on deal Reuters [MUMBAI] In forcing carmaker Maruti Suzuki India to backtrack on a controversial production deal with its Japanese parent, a group of Indian fund managers has scored a rare win that heralds increased
      Reuters  -  687 words
    • Article
      Lock icon Murky financing behind China infrastructure growth
      609 13 Bloomberg [BEIJING] Yueyang’s South Lake became so clean after the city built a sewage system that Qian Shuili can catch fish there to serve in his restaurant. “My customers really love them,” said Mr Qian, 38, as he stood lakeside in heavy rain, hoping
      Bloomberg  -  609 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      1547 13 W WATS NOTICES feel CEI CONTRACT MANUFACTURING LIMITED (Company Registration No. *****5114H) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifteenth Annual General Meeting of CEI CONTRACT MANUFACTURING LIMITED ("the Company") will be held atThe Grassroots' Club, 190 Ang Mo Kio
      1,547 words
Page thumbnail Page 14
  • WORLD
    • Article
      Lock icon Thai political impasse beginning to affect investments
      773 14 Approvals delayed, new investors hesitant: investment board chief Bloomberg [BANGKOK] The latest casualty of Thailand’s five-month political deadlock may be foreign investment, as project approvals face delays and new investors hesitate to commit funds, the head of the investment promotion board has said.
      Bloomberg  -  773 words
    • Article, Illustration
      Lock icon Forex sector hit as market volatility fades
      682 15 Volatility, which investors need to rack up profits, is close to all-time low Reuters [BERLIN] A drop-off in major currency market volatility may be due as much to banking regulations and a row over alleged manipulation as to ultra-low interest rates in the
      Reuters; PHOTO: BLOOMBERG  -  682 words
    • Article
      Lock icon Swiss watchdog to probe 8 banks over alleged rigging
      224 15 Bloomberg [ZURICH] Switzerland’s Competition Commission is investigating UBS AG, Credit Suisse Group AG and six more banks over the alleged rigging of currency rates. The Swiss watchdog is “examining whether there has been impermissible collusion in fixing various exchange rates in
      Bloomberg  -  224 words
    • Article
      Lock icon UK’s FCA to review banks’ conflict of interest
      224 15 Bloomberg [LONDON] The UK finance regulator will review how investment banks manage conflicts of interest between their obligations to clients and their own trading positions. The Financial Conduct Authority (FCA) is also investigating how firms prevent confidential information they receive in one
      Bloomberg  -  224 words
    • Article, Illustration
      Lock icon Today’s sales tax hike a test for Abenomics
      754 16  -  ‘Big negative’ for economy as factory output surprisingly drops 2.3% in Feb By ANTHONY ROWLEY in Tokyo TODAY is widely seen as a make-or-break day for Prime Minister Shinzo Abe’s system of “Abenomics” as a hike in the national consumption tax goes
      PHOTO: REUTERS  -  754 words
    • Article
      Lock icon Great Barrier Reef facing heightened risks
      643 16 Investors concerned about environmental threats, lawsuits Bloomb erg [SYDNEY] The potential threats posed by coal and natural gas projects to the Great Barrier Reef are sparking everything from lawsuits to tweets from Hollywood stars. They’re also prompting close scrutiny from investors as a global
      Bloomberg  -  643 words
    • Article, Illustration
      Lock icon High-frequency traders’ tactics rig markets
      1119 17 Everyone who owns equities is victimised by their practices, says author Michael Lewis Bloomberg [NEW YORK] The US stock market is a rigged game where high-frequency traders with advanced computers make tens of billions of dollars by jumping in front of investors, according to author
      Bloomberg; PHOTO: AFP  -  1,119 words
    • Article, Illustration
      Lock icon US economy still needs special support: Yellen
      523 18 Federal Reserve chair points to ‘considerable slack’ in labour market Bloomberg [WASHINGTON] Federal Reserve chair Janet Yellen said “considerable slack” in the labour market is evidence that the central bank’s unprecedented accommodation will still be needed for “some time” to put Americans back
      Bloomberg; PHOTO: REUTERS  -  523 words
    • Article, Illustration
      Lock icon GSK to invest £130m in Africa over 5 years
      528 18 Reu ters [LONDON] Drugmaker GlaxoSmithKline plans to invest up to £130 million (S$272.1 million) in Africa over the next five years as it bets on the importance of the continent in driving long-term demand for medicine. The decision reflects the pharmaceutical
      Reuters; PHOTO: BLOOMBERG  -  528 words
    • Article
      Lock icon Eurozone inflation drops to lowest since 2009
      458 18 Surprise fall raises chance of ECB rate cut on Thursday Reuters [BRUSSELS] Eurozone inflation hit its lowest level since November 2009 in March, a shock drop that raises expectations the European Central Bank (ECB) will take radical action to stop the threat of
      Reuters  -  458 words
    • Article, Illustration
      Lock icon Global warming a threat to water, food, economy
      377 18 Reuters [YOKOHAMA] Global warming poses a growing threat to the health, economic prospects, and food and water sources of billions of people, top scientists said in a report that urged swift action to counter the effects of carbon emissions. The latest report
      Reuters  -  377 words
    • Article
      Lock icon Japan ordered to halt ‘scientific’ whaling
      325 18 Reuters [THE HAGUE] Judges at the highest UN court ordered Japan yesterday to halt whaling in the Antarctic, rejecting the country’s long-held argument that the catch was for scientific purposes and not primarily for human consumption. Tokyo said it was disappointed but would abide
      Reuters  -  325 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      1572 14 WATO NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SCORPIO EAST HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Company Registration Number: *****5164G) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of Scorpio East Holdings Ltd. (the “Company”) will be held at 25 Tai
      1,572 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      1426 14 SEMBCORP INDUSTRIES LTD CO REGN NO. *****2418D (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF EXTRAORDINARY GENERAL MEETING Notice is hereby given that an Extraordinary General Meeting of Sembcorp Industries Ltd (the “Company”) will be held at the Multi-function Room, Sembcorp Industries Ltd, Level 1, 30 Hill Street, Singapore *****0
      1,426 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      2791 15 sembcorp SEMBCORP INDUSTRIES LTD Co Regn No. *****2418D (Incorporated in the Republic of Singapore) Notice of Annual General Meeting Notice is hereby given that the Sixteenth Annual General Meeting of Sembcorp Industries Ltd (the "Company”) will be held at the Multi-function Room, Sembcorp Industries Ltd, Level 1,30 Hill Street, Singapore
      2,791 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      685 16 WAR3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices JANUS CORPORATE SOLUTIONS PTE. LTD. (Company Registration Number: *****3070C) (the "Company") NEWSPAPER NOTICE NOTICE IS HEREBY GIVEN pursuant to Section 76(10)(h) and 76(12) of the Companies Act, Chapter 50 of Singapore (the "Act") that: (1) at the Extraordinary Meeting of Janus Corporate
      685 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 2
      297 16 NOTICE OF JUDICIAL MANAGERS' SECOND MEETING OF CREDITORS THE COMPANIES ACT (CHAPTER 501 THE COMPANIES REGULATIONS REGULATION 58 NOTICE OF JUDICIAL MANAGERS' SECOND MEETING OF CREDITORS Name of Company: POH LIAN CONSTRUCTION (PTE.) LTD (Under Judicial Management) Company No: *****0875K (Under the Order for Judicial Management of the abovenamed company
      297 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 3
      253 16 NOTICE OF MEETING OF CREDITORS IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF MOTLEY RESOURCES PTE. LTD. Co. Reg. No. *****3673H Notice is hereby given pursuant to section 296 of the Companies Act (Chapter 50) that a meeting of the creditors of the abovenamed
      253 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 4
      85 16 26 29 June 2014 SUNTEC Singapore Halls 401 404 Looking to sell your food products, cooking solutions, kitchen appliances accessories to an expected turnout of 250,000 visitors? fb.com/singaporefoodshows Book Your Space NOW! *Limited Booths Available For more information call *****620 or Email: sales@exhibitsinc.com.sg foodandkitchen.com.sg Organised By: Our Food Shows: (Organiser
      85 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 5
      50 16 ACADEMY 2014 Participate in the NO. 1 CHILDREN'S EDUCATION SHOW! Suntec Singapore 6-8 June 2014 111 am 9pm BOOK NOW! Limited Booths available! m Iit For more information, please contact Ms Adeline Goh 9681 8289 gohtna@sph.com.sg Mr Jeffrey Foo 9008 9391 jefffoo@sph.com.sg www.thekidzacademy.com.sg Organised by: sphere A SUBSIDIARY OF Sffl
      50 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      2133 17 Notice of Annual General Meeting k& OKP HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****1165G) NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting of OKP HOLDINGS LIMITED (the “Company") will be held at 30 Tagore Lane, Singapore *****4 on Monday, 28 April 2014 at
      2,133 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      90 18 Real Estate Show Myanmar 2014 Urban Development Conference 2014 25 28 May 2014 Traders Hotel Yangon, Myanmar EVENT HIGHLIGHTS 3 days of cutting-edge content Firsthand insights into Myanmar’s urban development plans Investment and partnership opportunities Co-located with Myanmar Development Conference 2014 and Real Estate Show Myanmar 2014 40+ urban and
      90 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 2
      58 18 HOT PROPERTY 1 fe. i-ia tm S *S* fe. t r corned ail vacant or (ease back. $2 88M 999yrs UK #02 T, 200 f Sh 9 Ctr yteldLAsk $37M. fro 1 FREEHOLD SHOPS FOR SALE Check this and many other properties in The Straits Times Classified now! THE STRAITS
      58 words
Page thumbnail Page 19
  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon All signs point to crash of MH370: Aussie PM
      570 19 M’sian PM travels to Perth tomorrow to see the search operations first-hand AFP Reuters [PERTH] Australian Prime Minister Tony Abbott said yesterday that all evidence points to Malaysia Airlines Flight MH370 being lost in the remote Indian Ocean, backing his Malaysian
      AFP; Reuters; PHOTO: AFP  -  570 words
    • Article
      Lock icon Delta, American vie for business travellers in NY-London route
      717 19 Reuters [ATLANTA] Delta Air Lines has been making inroads in the dogfight over the lucrative market for business travel between New York and London, but the newly merged American Airlines Group is fighting back. Delta is hoping to attract customers through
      Reuters  -  717 words
    • Article
      Lock icon Myanmar opening spurs shipping
      483 19 Nation is importing basic materials to grow infrastructure Bloomberg [TOKYO] Coca-Cola Co and Suzuki Motor Corp are among companies pushing demand for transportation of machinery to Myanmar to bottle drinks and make trucks, after the country’s five decades of isolation during military rule. C oca C
      Bloomberg  -  483 words
    • Article
      Lock icon China Rongsheng suffers another year of losses
      356 19 Reuters [HONG KONG] China Rongsheng Heavy Industries Group, the country’s largest private shipbuilder, posted a second straight annual loss yesterday due to shrinking orders and said that it was in talks with 10 Chinese banks about the repayment of loans. Analysts have said
      Reuters  -  356 words
    • Article
      Lock icon Haneda doubles int’l flights to 80 a day
      392 19 Many new outgoing flights to operate during daytime AFP [TOKYO] Tokyo’s Haneda Airport doubled its international flights to 80 a day from March 30 in a bid to court international travellers and boost capacity ahead of the 2020 Olympics. Haneda, the fourth
      AFP  -  392 words
  • Page 19 Advertisements
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      334 19 CRYPTIC CROSSWORD Across 1 We raise rule for ordering casual clothing (11) 9 Usually characteristic of a period in office? (2,1,4) 10 French place in island beset by cold sadly (6) 12 Popular boxer in very short end to round lacking force? (7) 13 Piano used by conductor giving empty
      334 words
Page thumbnail Page 20
  • EDITORIAL & OPINION
    • Article
      Lock icon S’pore bourse performance raises questions
      476 20 EDITORIAL ONE of the hallmarks of a strong economy and financial market is a vibrant domestic equity market. Not just because of its fund-raising capability, but also its investment function. But the performance of the Singapore bourse has raised concerns within local financial circles, and
      476 words
    • Article, Illustration
      Lock icon Myth about skills gap does much harm to the economy
      850 20  -  THE BOTTOM LINE PAUL KRUGMAN The writer is professor of economics and international affairs at Princeton University, and winner of the Nobel Prize in economics in 2008 NYT A FEW months ago, Jamie Dimon, the chief executive of JPMorgan Chase,
      NYT  -  850 words
    • Article, Illustration
      Lock icon Asia headed for deeper financial markets
      1042 20  -  In contrast, those in the West are likely to become shallower over the coming years By LENNY FEDER The writer is group head, financial markets, at Standard Chartered Bank MAJOR international newspapers these days are littered with calls for an Asian market crash. China
      PHOTO: REUTERS  -  1,042 words
    • Article, Illustration
      Lock icon How useful is GDP as an economic measure?
      1007 21  -  It falls short as a single indicator of the economy, but so do existing measures of social welfare By DIANE COYLE The writer runs the consultancy Enlightenment Economics and has been appointed Professor of Economics at the University of Manchester. This commentary
      PHOTO: BLOOMBERG  -  1,007 words
    • Article, Illustration
      Lock icon Don’t mention the war (or wars)
      863 21  -  LEON HADAR Washington Correspondent IN one episode of the hysterically funny British television sitcom from the 1970s, Fawlty Towers, comedian John Cleese, who plays the rude and put-upon hotel owner Basil Fawlty, warns everyone, “Don’t mention the war”, when a group of German tourists
      PHOTO: REUTERS  -  863 words
    • Article, Illustration
      Lock icon Tech deals are about boasting rights
      397 21  -  REUTERS BREAKINGVIEWS By ROBERT CYRAN BIG tech valuations these days come in small packages. Dropbox, the cloud storage firm, is now worth US$10 billion and lodging marketplace Airbnb soon could be, too, thanks to recent funding rounds. Both cases would involve just a tiny
      397 words
    • Article
      Lock icon Jardine group listing changes raise questions
      492 21 LETTER TO THE EDITOR ON March 6, five companies in the Jardine group announced that they are proposing to downgrade their UK listing from a premium listing to a standard listing. These five companies Dairy Farm International Holdings, Hongkong Land Holdings, Jardine Matheson Holdings,
      492 words
Page thumbnail Page 21
Page thumbnail Page 22
  • Article
    Lock icon SHIPPING TIMES
    1203 22 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
    1,203 words
  • Page 22 Advertisements
Page thumbnail Page 23
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3254 23 Transaction date: Mar 31 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 13.6 10.4 8Telecom Vol Day Last Quote Div Gr Yld Net M Cap 181.6 102.4 AIMSAMPIReit 134 -1 763 135
      3,254 words
    • Article
      Lock icon SGX CATALIST
      300 24 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 35 22 t 3Cnergy 500 Vol Day 2 0.9 t Advanced System 1.1 unch 500 1.1 1.1 1.1 1.2 19.3 Div Gr Yld Net
      300 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11737 24 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.49/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Asian Smaller Cos' 1 8899/ China Opportunities! EM Local Ccy Bond 0897/ European Opportunities!" 1.333?/ Global Emerging Markets'" Global Opportunities/
      11,737 words
    • Article
      Lock icon GLOBALQUOTE
      245 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Last 52 35.5 Genting HK US$ US39 unch 2765 39.5 39 39 39.5 2568 Day 320 191 TanChongInt HK315 312 319 4.3 2.2 10.6 6343.8 DISCLAIMER: All
      245 words
    • Article
      Lock icon SGX ETF
      1129 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 121 108.3 ABF SG Bond ETF 113.2 5 114 113.2 113.2 114 516.7 143 119 CIMB APAC Div 100S$D 127.5 +0.8 127.5 127.5 127 128.5 114.4
      1,129 words
Page thumbnail Page 24
Page thumbnail Page 25
  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      677 25 Mar 31 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.54 *****.67 *****.01 Jun14 *****.00 *****.00 *****.00 *****.00 ***** *****6 Sep14 *****.00 0 2288 MSCI TAIWAN INDEX FUTURES SPOT 311.41 312.66 309.57 Apr14 309.60 312.60 309.40 312.30 ***** *****3 May14 310.30 312.10 309.80 312.10
      677 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 25 In local curr In S$ In US$ dy yr dy yr dy yr Mar 28 Index Change Change Change Change Change Change World Preliminary 1185.5 0.8 0.1 0.3 0.0 0.7 0.2 EAFE Preliminary 943.4 0.7 -1.3 0.2 -0.8 0.6 -0.6 Europe Preliminary 1370.2 0.8 1.1
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 25 Mar 31 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.021 5.744 0.671 7.163 55.323 104.893 0.951 9.833 3.017 1.066 90.765 41.415 1.164 9.776 0.818 28.150 29.949 0.555 0.923 Canada 0.979 5.624
      471 words
    • Article
      Lock icon SIBOR
      29 25 Mar 31 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) (S$) ..0.***** Source: Thomson Reuters
      29 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      86 25 Mar 31 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 27-Jun-14 0.31 1-Year BY*****T 31-Oct-14 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.19 101.23 101.23 5-Year NX*****W 2.5 01-Jun-19 104.73 10-Year NX*****H
      86 words
    • Article
      Lock icon PRECIOUS METALS
      140 25 Mar 31 GOLD(US$/oz) Mar 31 Mar 28 Hong Kong 1294.00 1300.00 Mar 28 Mar 27 London 1291.19 1295.52 1292.41 1296.22 Source: Thomson Reuters CAST BAR Mar 31 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 79 50 5gm 315 260 10gm 587 522
      140 words
    • Article
      Lock icon PALM OIL
      57 25 Mar 31 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 14 2739.0 2718.0 2739.0 2709.0 110 1669 May 14 2678.0 2656.0 2692.0 2650.0 4826 ***** Jun 14 2658.0 2634.0 2667.0 2626.0 ***** ***** Jul 14 2642.0 2617.0
      57 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 25 Mar 31 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1635 1.1644 0.9233 0.9234 Canadian dollar 1.1388 1.1402 0.9042 0.9038 Euro 1.7335 1.7353 1.3757 1.3761 NZ dollar 1.0907 1.0923 0.8656 0.8662 Sterling pound 2.0963 2.0983 1.6636 1.6640
      155 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 25 As at 9am Mar 31 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.191 1.135 Can dollar 1.161 1.117 Euro 1.772 1.688 Sterling pound 2.136 2.054 NZ dollar 1.116 1.074 US dollar 1.285 1.224 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      158 25 Mar 31 $S Offer Bid 0vernight 0.05 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.20 US$ Offer Bid 7 days 0.20 0.10 1 month 0.25 0.15 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
      158 words
    • Article
      Lock icon CHICAGO BOT
      109 25 Mar 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 14 1436.50 1436.50 1443.50 1428.25 Jul 14 1407.75 1407.00 1412.50 1400.00 Aug 14 1351.50 1347.50 1355.00 1344.25 Sep 14 1247.00 1248.50 1250.00 1241.75 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 14
      109 words
    • Article
      Lock icon LIFFE
      94 25 Mar 28 COCOA (£/tonne) Close Prev High Low May 14 1883 1870 1898 1847 Jul 14 1883 1870 1894 1850 Sep 14 1882 1869 1891 1849 Dec 14 1866 1853 1876 1834 COFFEE(US$/tonne) Close Prev High Low Mar 14 2154 2143 2179 2168 May 14 2096 2083 2108 2083
      94 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1206 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 40 0.0 5 -89 52 Asia-Pacific Strategic W*****6 Ratio Exer Albedo Limited W*****9 Prem Ascendas Reit MB eCW*****1 2 0.2 210 1 Ascendas Reit MB ePW*****1 Expiry Asiatic
      1,206 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 25 CRUDE OIL PRODUCTS Mar 28 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.74 0.30 WTI (Near Mth) 101.60 0.27 Dubai (1-Mth F) 104.72 0.79 Tapis blend 111.64 0.73 Minas 107.64 0.73 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.50 0.61 Jet Kerosene 120.28 0.69 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 25 Mar 31 S$ Bid Offer 1-month 1.2601 1.2610 2-months 1.2601 1.2610 3-months 1.2601 1.2610 6-months 1.2599 1.2608 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      66 25 Mar-28 Mar-28 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1716.10 1695.50 3 months 1758.00 1738.00 Copper, Grade A(US$/tonne) Cash 6685.50 6572.00 3 months 6670.00 6561.50 Lead(US$/tonne) Cash 2044.50 2044.75 3 months 2067.00 2067.00 Nickel (US$/tonne) Cash *****.00 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.50 *****.00 3 months
      66 words
Page thumbnail Page 26
  • PROPERTY
    • Article, Illustration
      Lock icon Sales at The Santorini disappoint
      538 26  -  Only 80 of the 200 units released at the 597-unit condo’s weekend launch sold By LEE MEIXIAN leemx@sph.com.sg OF the 200 units released at The Santorini’s launch over the weekend, only 80, or 40 per cent, have been sold, leading analysts to suggest that the
      FILE PHOTO  -  538 words
    • Article, Illustration
      Lock icon Fear of China trust loans defaults rattling property developers
      716 26 Bloom berg [SHANGHAI] The spectre of default in China’s trust loans market is deepening the distress of property developers that also borrowed in dollars. Some 18 companies owing US$15.2 billion, from behemoth China Vanke to junk-rated Glorious Property Holdings, have “material
      Bloomberg; FILE PHOTO  -  716 words
    • Article, Illustration
      Lock icon Turning nursing homes into investment targets
      385 27 Some Japanese firms plan to list stocks for their nursing home Reits WP [TOKYO] Nursing homes in Japan for elderly people and other related facilities will likely be added to the list of properties targeted by real estate investment trusts (Reits) as early as
      WP; PHOTO: BLOOMBERG  -  385 words
    • Article
      Lock icon UK home prices continue rising for the 14th month in March
      312 27 Bloomberg [LONDON] UK house prices increased for a 14th consecutive month in March, the longest run of gains in almost seven years, as momentum spread across the country. Values in England and Wales rose 0.6 per cent from February,
      Bloomberg  -  312 words
    • Article, Illustration
      Lock icon Resort investment firms also following new timeshare rules
      1094 28  -  Banyan Tree Hldgs and Castlewood Grp give 5-day cool-off and product info By LEE MEIXIAN leemx@sph.com.sg AS stricter timeshare regulations kick in from today, some companies marketing resort buy-and-leaseback investment schemes are choosing to abide by the new rules. Banyan Tree Holdings,
      FILE PHOTO  -  1,094 words
    • Article, Illustration
      Lock icon Building in Kallang Industrial Estate put up for sale
      312 28  -  By JAIRA KOH jairakoh@sph.com.sg THE light industrial building at 12 Kallang Way is up for sale, with the current owner expecting offers exceeding $25 million. The five-storey development sits on a 51,264 sq ft leasehold site with 34 years remaining in
      312 words
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      135 26 mm i 9 I M WV.W FM bsv'mIM IOSS92 ira •t y < one p/ace I «$oM A// thegr^otsongsm it Cl M V .7 i V w v 5592 BUCKET LIST S 1 [2 6*0 oh (K US as r 0 6 a luaratloi'v 1 >7 i ,.b" 0 1
      135 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      1063 27 PRIME GOOD CLASS BUNGALOW LAND AT HOLLAND RISE FOR SALE *°AD 3 adjoining vacant GCB plots: Plot I Approx. 17,422 sq ft Plot 2 Approx. 18,176 sq ft Plot 3 Approx. 17,393 sq ft Total Land Area Approx. 52,991 sq ft Flexibility to acquire one or more plots Access via
      1,063 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      42 28 APP NON ON ANDROID A IPHONE Enjoy a mouth-watering buffet of food news and reviews from The Straits Times, The Business Times and The New Paper on the new SoShlok App! THE STRAITS TIMES m, SoShiorN SG’s Vummiest Food News Reviews www.soshiok.com
      42 words