The Business Times, 8 April 2014

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Microfilm: NL33108
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Tuesday, April 8, 2014
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  • Article, Illustration
    Lock icon Tuas or Jurong likely site for S’pore-KL rail station
    1084 1  -  The city centre will also be considered but it is a less likely option, says PM Lee By in CHUANG PECK MING in Putrajaya peckming@sph.com.sg TUAS West or Jurong East is likely to be one end of the Singapore-Kuala Lumpur high-speed
    PHOTO: LIANHE ZAOBAO  -  1,084 words
  • Article
    Lock icon Growing apathy may dent voter turnout at Indonesia legislative poll
    691 1  -  By in JEFFREY HUTTON in Jakarta WHEN Jovan Said first started university in 1998, he risked his life to join thousands of fellow students in South Sumatra to topple the dictator Suharto. Tomorrow, when 175 million Indonesian voters will have
    691 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,193.59 (-19.13) HST INDEX FUTURES 3,166.00 (-20.00) HSIMSCI 361.16 (-2.24) HSIMSCI FUTURES 357.60 (-2.60) US$ S$ US$ (S$ per US$) 1.260 (US$/S$ per 1.657 2.089 EURO (US$/S$/€ 1.372 1.729 Foreign currency per US$ S$ YEN 103.10 81.80 RM 3.268 2.592 HK$ 7.756 6.154 BAHT 32.47 25.76 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Monday Change KL COMP 1,862.90 +6.29 NIKKEI 225 14,808.85 -254.92 HANG SENG 22,377.15 -132.93 SET INDEX 1,392.01 +0.79 JAKARTA COMP 4,921.04 +63.10 MANILA COMP 6,614.40 +53.20 SEOUL COMP 1,989.70 +1.61 SHENZHEN B 834.73 +0.80 MUMBAI IND 22,343.45 -16.05 12noon EDT Change DOW 16,283.18 -129.53 NASDAQ 4,083.19 -44.53
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    • 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
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      99 1 ASIAN LEADERS Razer co-founder and CEO Tan Min-Liang PAGE 8 PROPERTY HDB resale prices up slightly in March PAGE 44 COMPANIES Annica, Magnus stocks tumble most over CAD probe PAGE 4 SPECIAL FOCUS Customer Satisfaction Index of Singapore PAGE 11-13 RICHARD IVIILLE A RACING MACHINE ON THE WRIST BOUTIQUE RICHARD
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  • TOP STORIES
    • Article, Illustration
      Lock icon S’pore offers skills training for Iskandar Malaysia’s needs
      496 2  -  PM Lee, PM Najib welcome talks between agencies on collaboration in vocation training By CHUANG PECK MING in Putrajaya peckming@sph.com.sg SINGAPORE has offered to help train a skilled workforce to meet the growing need for workers as the Iskandar Malaysia project takes
      PHOTO: LIANHE ZAOBAO  -  496 words
    • Article
      Lock icon Developing economies tipped to gain as global growth rises
      688 2  -  World Bank report puts global growth at 3% this year By ANTHONY ROWLEY in Tokyo THE World Bank, noting that developing economies in East Asia have so far successfully navigated their way through the straits of tightening global liquidity, is confident
      688 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      284 2 S’pore-KL rail from Tuas or Jurong TUAS West or Jurong East is likely to be one end of the S’pore-KL high-speed rail that’s due to roll out in 2020, Prime Minister Lee Hsien Loong said. FRONT PAGE Growing voter apathy in Indonesia POLITICAL apathy is sweeping Indonesia just
      284 words
    • Article
      Lock icon Tax policy key factor in investment decisions: Deloitte survey
      619 2  -  Respondents give top marks to S’pore in consistency, simplicity and predictability By MICHELLE QUAH michquah@sph.com.sg [SINGAPORE] A country’s tax policy is a key factor affecting investment in a market. Of greater importance, however, is the consistency of a country’s tax policy
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    • Article
      Lock icon Government proposes changes to law to tackle Web piracy
      762 2  -  Aim is to better protect Internet users, rights owners By MICHELLE QUAH michquah@sph.com.sg [SINGAPORE] The Ministry of Law (MinLaw) is proposing changes to the Copyright Act, which it hopes will better protect the rights of rights owners as well as the
      762 words
    • Article, Illustration
      Lock icon S’pore eyes more shipping sector capital issues on SGX
      811 3  -  Corporate activity in the sector strong, with bulk of funds raised in Norway, US By MALMINDERJIT SINGH msingh@sph.com.sg SINGAPORE is looking to attract more shipping companies into the local capital markets even as Norway and the US continue to lure the
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    • Article, Illustration
      Lock icon BG Group move a big boost for S’pore’s LNG hub status
      694 3  -  By RONNIE LIM ronnie@sph.com.sg [SINGAPORE] Singapore’s pioneer liquefied natural gas (LNG) aggregator, the BG Group, has moved its global headquarters for LNG and oil marketing from the United Kingdom to here, boosting Singapore’s LNG hub ambitions. The move comes
      BLOOMBERG FILE PHOTO  -  694 words
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      146 3 STILL RAISING THE BAR FOR LUXURY SUVs. NOW EVEN HIGHER. (Z) LEXUS LEXUS RX. THE DEFINITIVE LUXURY SUV. At Lexus, we've been constantly raising standards for others to follow. So it's no wonder the Lexus RX 270 was the best-selling Luxury SUV of 2013. Experience qualities like power, exceptional comfort
      146 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Annica, Magnus hurt most by CAD probe
      489 4  -  5 other firms linked to share trading probe also suffer price slump By ANITA GABRIEL anitag@sph.com.sg SHARES of Annica Holdings and Magnus Energy Group were the worst hit yesterday, shedding between one-fifth and one-third in value, alongside losses in six other related counters
      Source: Bloomberg  -  489 words
    • Article, Illustration
      Lock icon JK Tech shares soar on news of deal with Ezion
      623 4  -  By KELLY TAY kellytay@sph.com.sg SHARES in JK Tech Holdings shot up yesterday on news of a proposed diversification that will see Ezion Holdings taking a minimum 29.81 per cent and a possible eventual maximum 64.82 per cent stake in the
      Source: Bloomberg  -  623 words
    • Article, Illustration
      Lock icon Carlsberg buys Asahi distributor
      360 4  -  Meanwhile, TWG has opened 6 new locations in Q1 By CARINE LEE carinel@sph.com.sg CARLSBERG Singapore has added the leading Japanese beer, Asahi, to its portfolio with the acquisition of a 51 per cent stake in MayBev Pte Ltd. “This partnership with MayBev is an important milestone
      PHOTO: CARLSBERG SINGAPORE  -  360 words
    • Article, Illustration
      Lock icon Big investors seek global standard for sustainability reporting
      762 5  -  Lobby group submits proposal to World Federation of Exchanges B)’ ANGELA TAN ange|at@sph.com.sg AT a time when customers are demanding information on a company’s carbon footprint, an advocacy group has joined forces with asset managers and institutional investors to ask global stock
      PHOTO: BLOOMBERG  -  762 words
    • Article
      Lock icon SGX now clears non-deliverable ringgit, baht swaps
      294 5  -  By CAI HAOXIANG haoxiang@sph.com.sg COMPANIES and banks who want to hedge their exposure between the Thai baht and Malaysian ringgit through non-deliverable interest rate swaps (NDIRS) are now able to do so directly at the Singapore Exchange (SGX), instead of going through their
      294 words
    • Article
      Lock icon Pacific Radiance JV to tap Aussie oil & gas industry
      190 5  - Pacific Radiance JV to tap Aussie oil gas industry By MALMINDERJIT SINGH msingh@sph.com.sg PACIFIC Radiance is strengthening its foothold in the Australian oil and gas sector through a new joint venture (JV). The offshore marine company yesterday said that its wholly owned subsidiary, Crest Offshore Marine, has entered into a
      190 words
    • Article
      Lock icon Midas wins deals worth 318m yuan
      212 5  -  By LEE U-WEN leeuwen@sph.com.sg MIDAS Holdings has clinched contracts for high-speed train car body components worth 318 million yuan (S$64.4 million) from CNR Tangshan Railway Vehicle Company. The deals were sealed by Midas subsidiary Jilin Midas Aluminium Industries Company. CNR Tangshan, located in China’s
      212 words
    • Article, Illustration
      Lock icon OCBC trumps UOB, DBS as most regionalised bank
      973 7  -  HOCK LOCK SIEW By SIOW LI SEN By lisen@sph.com.sg THE annual reports of the three local banks can sometimes be pretty interesting, both in what is highlighted and what is tucked away. Of the three, OCBC Bank’s chairman retained the position of
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    • Article
      Lock icon POSH secures cornerstone investors
      264 7  -  They will take up 85.6m shares in planned S’pore IPO By LEE U-WEN leeuwen@sph.com.sg SINGAPORE-based PACC Offshore Services Holdings (POSH) has roped in Fortress Capital Asset Management and Hwang Investment Management as cornerstone investors for its planned Singapore listing. POSH, part of Malaysian billionaire Robert Kuok’s
      264 words
    • Article, Illustration
      Lock icon QT Vascular on why it chose to list in Singapore
      431 7  -  By KARA QUEK karaquek@sph.com.sg QT Vascular, a company producing devices to treat diseased arteries in the heart and elsewhere, aims to develop new products and enhance its existing ones, and so is planning a listing on the Singapore Exchange (SGX)
      431 words
    • COMPANY BRIEFS
      • Article
        Lock icon GLP to build Trinet facility in Japan
        66 7 WAREHOUSE provider Global Logistic Properties (GLP) has signed a new build-to-suit agreement with Trinet Logistics Company in Japan. Trinet is expanding its operations in western Japan and wants to build a four-storey facility, called GLP Kobe-Nishi, that will serve as its main distribution
        66 words
      • Article
        Lock icon Polaris buying four UB One properties
        76 7 POLARIS announced yesterday that it has exercised conditional options to buy four properties worth about $3.47 million in total for expansion. All four units are located at UB One at 81 Ubi Avenue 4 and have lease terms of 60 years commencing on Dec
        76 words
    • Article
      Lock icon 3 health apps let patients chat with doctors
      384 7  -  By RAPHAEL LIM raphlim@sph.com.sg BORDERLESS Healthcare Group (BHG) yesterday launched three health-care applications (apps) for smartphones, through which medical professionals can raise the level of patient education. The apps enable patients with basic medical queries to contact participating doctors for answers without
      384 words
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      Lock icon Page 4 Advertisements Column 1
      200 4 Taking the pulse of China b Millie .-.nnimr mmw KP.ES’Jl'' /A mi w /M SISS v f iiiimiij;™ r; Kinirni' r Iiiriiks RiiaMcs Tiffr fe T u 1111 vis. m m mu i "ii IIHiKiffi! f i "*ii in naiiiiitu -t*— i\ ft ft •M 4 'i i ft >>.
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      83 5 BNP PARIBAS sK 44 m 4 4 4 CIj I T4 4 14 M* m 4 41 Viilfli !Ti ♦in nm iim i II !P m i iiiM^Ly mu) jJ i 4.4l tia-HBH i K < <« IB li 1 The bank for a changing world r ii i i
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Monday? More like Moanday
      533 6  -  Index eases to close at 3,193.59 for a second straight loss; losers outnumber gainers 2 to 1 STOCKS KENNETH LIM kenlim@sph.com.sg Correspondent SINGAPORE stocks returned from the weekend to a case of Monday blues. Large caps followed global markets lower, while auditors’ comments on JES International
      Source: Bloomberg  -  533 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 9 2 0 0 0 4 9 2 Manufacturing 26 65 37 4 15 11 30 80 48 Commerce 7 32 24 1 8 3 8 40 27 Tpt/Stor/Comms 5 24 10
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      122 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 14,034 14,034 46,938 46,938 Manufacturing 363,653 178,633 542,286 122,460 2,875 125,336 Commerce 142,596 102,690 245,286 105,015 6,415 111,430 Tpt/Stor/Comms 60,637 11,090 71,727 126,376 1,388 127,764 Finance 50,048 109 50,157 106,361 38 106,399 Construction 61,056 32,239
      122 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 6 Stock name Close Change CapMallsAsia 1.735 -0.020 CapitaLand 2.960 CapitaMall 1.955 CityDev 10.20 -0.160 ComfortDelGro 2.030 DBS Grp 16.47 -0.080 GLP 2.620 -0.010 Genting SP 1.300 -0.015 Golden Agri 0.575 -0.015 HK Land 6.540 +0.050 HPH Trust US$ 0.650 -0.010 JMH 61.49 -0.410 JSH 35.30 -0.300
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    • Article, Illustration
      Lock icon Untitled
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 6 Apr 7 VALUE CLOSE BT OB/OS 57.00 -290.00 BT CADI -*****.00 -196.00 BT 10-day MA -*****.00 +5.00 FTSE ST Mid Cap 731.87 -3.10 FTSE ST Small Cap 542.75 -3.42 FTSE ST All Share 775.18 -4.44 FTSE ST China Top 200.07 -1.98 FTSE ST China 226.07 -1.40 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      53 6 VOLUME HanKore 118,741,000 ICP R 116,806,000 JES 89,238,000 Memstar 65,198,000 Albedo 63,202,000 APStrategic 46,124,000 Noble Grp 45,361,000 Innopac 36,579,000 Blumont 32,936,000 Genting SP 32,319,000 VALUE($) Noble Grp 55,965,605 SuntecReit 47,797,525 SIA 45,782,070 Genting SP 42,102,595 DBS Grp 41,570,892 SingTel 41,197,080 UOB 27,136,832 CapitaMall 26,147,365 GLP 25,581,654 Keppel
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      969 6  -  Compiled by Kenneth Lim Sembcorp Marine April 7 close: S$4.03 Phillip Securities Research, April 7 CONSENSUS is for a ~12 per cent CAGR (compounded annual growth rate) in net profit from 2013 to 2015. Albeit we acknowledge that higher volumes of repair work at its new Singapore yard
      Source: Bloomberg  -  969 words
    • Article, Illustration
      Lock icon US$ drops against yen, euro as jobs data disappoints some
      562 6 CURRENCIES Reuters [LONDON] The dollar lost ground against the yen and dipped versus the euro yesterday as US jobs data last week disappointed some who had bet on a number strong enough to break this year’s tight trading ranges. A
      Reuters; PHOTO: BLOOMBERG  -  562 words
    • Article
      Lock icon RISES
      115 6 BY CENTS CLOSE UP Lyxor Indonesia10US$ 9123 225.6 2.0 DBXT iBoxxSvEu 5US$ ***** 197.9 0.6 DBXT USDIGInfl 5US$ ***** 146.2 0.4 DBXT AUDCS 5US$ ***** 109.7 0.4 GLD 10US$ ***** 109.7 0.7 DBXT iBoxxUSTr 5US$ ***** 105.9 0.4 DBXT FTVietnam 10US$ 2946 93.3 2.6 DBXT S&P Short 10US$ 2550
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    • Article
      Lock icon FALLS
      118 6 BY CENTS CLOSE DOWN SPDR DJIA 10US$ ***** -273.5 -1.3 DBXT MSUSA 10US$ 4639 -98.3 -1.7 DBXT S&P500 10US$ 3081 -73.1 -1.8 DBXT MSJAP 10US$ 4423 -69.3 -1.2 Jardine C&C 4710 -65.0 -1.4 Lyxor Nasdaq100 10US 1410 -63.0 -3.4 DBXT Nifty 10US$ ***** -55.5 -0.4 JMH 6149 -51.7 -0.7
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
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      Lock icon Page 7 Advertisements Column 1
      95 7 EXECUTIVE EDUCATION PROGRAMS I THE UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS 9 Pure Chic Right On Your Doorstep S: v-J MSS y. > 1 Introducing Chicago Booth’s Accelerated Development Program in Singapore. Interested to find out more about The Accelerated Development Program? Join our webinar to hear from one
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  • ASIAN LEADERS
    • Article, Illustration
      Lock icon Playing the game to win
      1673 8  -  After helping grow one of the world’s top gaming brands, Razer co-founder and CEO Tan Min-Liang is looking to be a dominant player in the fast-growing Internet of Things industry, reports FRANCIS KAN reports FRANCIS KAN VISIT any computer gaming community anywhere in the world,
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    • Article, Illustration
      Lock icon A game-changing product
      246 8 THE Nabu smartband marks Razer’s entry into an entirely new product category for the company, which has until now focused on creating hardware and accessories for computer gamers. Built on an open platform, Nabu delivers smartphone notifications, collects physical data and communicates with other users’ bands, all
      246 words
    • Article
      Lock icon Eking out an advantage
      204 8 LED by their CEO and creative director Tan Min-Liang, engineers and designers at Razer create products that give their users maximum advantage in a gaming environment. That means designing with the gamer in mind, whether this means a mouse that has buttons in the right place
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      86 9 oriudi i$n5t fa 'j /btff Uycdtrkj fa hfa C&iMctTan Su Shan Managing Director and Group Head DBS Bank Outstanding Private Banker of the Year, Asia 2013, Private Banker International Best Local Private Bank, Singapore 2014, Euromoney Start a conversation with us at +65 6227 7188. Asia's Safest, Asia's Best Safest
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Tourism industry told to stay competitive
      633 10  -  S’poreans urged to acquire new skills, raise productivity to support industry By NISHA RAMCHANDANI nishar@sph.com.sg SINGAPORE’S tourism industry is working on raising the bar as competition for the tourist dollar heats up in the region. In the works is the meetings, incentives, conferences and
      633 words
    • Article
      Lock icon Overseas credit searches up 14.5% in 2 years
      368 10  -  Most are in S-E and N-E Asia, as S’pore exports shift to EMs By LISABELLE TAN lisatan@sph.com.sg THE number of overseas commercial credit searches by Singapore firms rose by 14.5 per cent between 2011 and 2013, according to a recent study by
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    • Article, Illustration
      Lock icon Woffles Wu suspended from practice for 4 months
      631 10  -  By ANGELA TAN angelat@sph.com.sg PROMINENT plastic surgeon, Woffles Wu, who was found guilty for getting an employee to take a traffic offence rap on his behalf, has been suspended from practice for four months. The Singapore Medical Council (SMC) said yesterday that
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    • Article
      Lock icon S’pore joint-third with Paris in X-factor: Savills
      580 10  -  BY RAPHAEL LIM réph|im@sph.com.sg SINGAPORE has been ranked joint third with Paris in a new report on leading international cities, which classifies them by their “X-factor”. The paper, by real estate adviser Savills, ranked 12 cities based on a combination of global competitiveness,
      580 words
    • Article, Illustration
      Lock icon IE S’pore encouraging firms to tap China consumption
      825 10 Bloomberg [SINGAPORE] Singapore is encouraging companies to expand in China to tap rising consumption in the world’s second-largest economy as President Xi Jinping sustains efforts to reduce his country’s reliance on investment and exports. The island’s shipments to China will probably increase
      Bloomberg; PHOTO: REUTERS  -  825 words
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      66 10 www.comexshow.com.sg SINGAPORE’S LARGEST I.T, DIGITAL, MOBILE, CONSUMER ELECTRONICS EXHIBITION IS BACK! 28 31 August 2014 SUNTEC Singapore Levels 3, 4 6 Sell your tech products services to over 600,000 consumers directly Leverage on an unrivalled publicity campaign Book Your Space NOW! *Limited BoothsAvailable (ORGANISER OF IT SHOW, FOOD BEVERAGE FAIR,
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  • CUSTOMER SATISFACTION INDEX OF SINGAPORE
    • Article, Illustration
      Lock icon Local banks get top scores from clients
      1473 11  -  DBS, UOB and OCBC trump foreign banks Citibank, HSBC, Standard Chartered and Maybank with a slew of services By TEH SHI NING By tshining@sph.com.sg THE contrast between local and foreign banks could not have been starker. DBS, UOB and OCBC’s customers were all
      FILE PHOTO  -  1,473 words
    • Article, Illustration
      Lock icon The roles of value, expectations and quality in healthcare
      1092 11  -  By JAIRA KOH jairakoh@sph.com.sg A SPIKE in healthcare costs last year dampened patient satisfaction significantly. But this underscores the need for Singapore’s healthcare industry to focus on improving the quality of its services, even as broader government policies to check rising
      FILE PHOTO  -  1,092 words
    • Article
      Lock icon Customer Satisfaction Index of Singapore
      639 12 2013 National Score 74.5 Tourism 79.8 Attractions* 81.6 Universal Studios 78.7 Singapore Zoo 78.1 Sentosa Development 76.2 Jurong Bird Park 76.1 Night Safari 79.3 Other Attractions 77.5 Hotels* 84.4 Shangri-La Hotel* 84.1 MBS* 83.4 The Ritz-Carlton* 81.5 Swissotel the Stamford* 80.7 Mandarin Orchard* 80.5 Grand
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    • Article, Illustration
      Lock icon Dealing with a fall in customer ratings
      701 12  -  Some companies believe that by lowering expectations, they are better able to satisfy their customers. However this strategy can have negative outcomes By TEH SHI NING tshining@sph.com.sg THE intuitive responses of some companies to less-than-desired customer ratings are often not the most ideal.
      FILE PHOTO  -  701 words
    • Article, Illustration
      Lock icon Design services to serve different customer segments
      588 12  -  By JAIRA KOH jairakoh@sph.com.sg TOURISTS are significantly happier customers than locals are a distinction that should encourage companies to identify and target the different segments in their customer base, according to the Institute of Service Excellence at the Singapore Management University (ISES). ISES’s
      FILE PHOTO  -  588 words
    • Article, Illustration
      Lock icon Cut obsession with productivity metrics and focus on health
      743 13  -  Industry’s key aim must be to cut the frequency of hospital visits By JAIRA KOH jairakoh@sph.com.sg PATIENTS want health, not healthcare, says Jeremy Lim, a partner at Oliver Wyman’s Singapore office. This is something healthcare providers must recognise, as they strive
      PHOTOS: YEN MENG JIIN  -  743 words
    • Article, Illustration
      Lock icon Technology can identify outliers at early state, says panel
      539 13  -  By JAIRA KOH jairakoh@sph.com.sg TECHNOLOGY allows us to identify the outliers who have exceptional needs at an early stage, said panellists at a recent Institute of Service Excellence (ISES) panel discussion. Addressing the healthcare sector in particular, Jeremy Lim, head of
      539 words
    • Article, Illustration
      Lock icon Forum told: Know your clients’ expectations
      633 13  -  By TEH SHI NING tshining@sph.com.sg EXPLAINING away dissatisfied customers as ones with “rising expectations” can be dangerous, says David Chan, an industrial organisation psychologist. Speaking at a recent forum on productivity and service excellence, Prof Chan, a professor of psychology and director of the
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      117 13 ISES CORPORATE MEMBERSHIP AN AFFILIATION TO SERVICE EXCELLENCE The ISES Corporate Membership Programme brings together a selected network of Singapore's leading companies measured in the CSISG National Study. Membership entitles your organisation the benefits of collaboration on the CSISG national study and survey design together with the Institute of Service
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  • SME Inc
    • Article, Illustration
      Lock icon Conquering the world a scoop at a time
      1122 14  -  Gelateria Italia has plans to open its 100th store in 2016 and expand its presence in three continents by 2017, reportsJASLENE JASLENE PANG Although businesses usually approach franchising with caution, Gelateria Italia founder, chief executive officer and board president Philippo Hardegger thinks
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    • Article, Illustration
      Lock icon Proposed accounting standard reopens buy versus lease debate
      961 14  -  It will have a widespread effect and firms should prepare for it THE VIEW FROM NTU PROFESSORS By CHOO TECK MIN, KOH WEI CHERN, LOW KIN YEW FOR years, leasing has been an important option for companies wishing to keep certain assets
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      75 14 Impress your clients with a great business address v Regus 15 prestigious business addresses across Singapore Quick and easy to set up Flexible terms to suit all businesses Personalised call answering in your company name Unlimited access to business lounges and cafes 1 800 622 1563 Singapore Orchard Tampines Junction
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  • EMERGING ENTERPRISE 2014
    • Article, Illustration
      Lock icon Getting ahead via infocomm technology
      1321 15  -  SingTel has backed much of the ICT offerings that SMEs today count on, reports JOYCE HOOI reportsJOYCE reportsJOYCE HOOI joyceh@sph.com.sg THERE isn’t a saying but there ought to be about how behind every successful business, is a great deal of infocomm technology (ICT) firepower. It
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      214 15 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 SMART CREDIT
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  • MALAYSIA
    • Article
      Lock icon Petronas’ Pengerang plan leaves analysts cold
      517 16  -  Many don't see any benefit of the project to the oil firm’s listed gas unit By S JAYASANKARAN in Kuala Lumpur THE decision by Malaysian state oil firm Petroliam Nasional, or Petronas, late last week to commit to its mul-ti-billion dollar Refinery and Petrochemical
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    • Article
      Lock icon Public Bank gets a boost ahead of share merger
      473 16  -  By PAULINE NG in Kuala Lumpur PUBLIC Bank’s local and foreign shares are trading at new highs ahead of the merger of both segments under a single stock code on the Malaysian stock exchange next week. Its share price surged around
      473 words
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      1401 16 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg notices SOON LIAN HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****6295G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2014 Annual General Meeting of the shareholders of the Company will be held at 35 Tuas
      1,401 words
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      1429 16 THAKRAL CORPORATION LTD (Company Registration No. *****6606E) (Incorporated in the Republic of Singapore with Limited Liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty–First Annual General Meeting of Thakral Corporation Ltd (the “Company”) will be held on Thursday, 24 April 2014 at 3.00 p.m. at Cinnamon
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      2064 17 Abridged Financial Statements 31 December 2013 Malayan Banking Berhad(3813-K) (Incorporated in Malaysia with limited liability) 100, Jalan Tun Perak, ***** Kuala Lumpur, Malaysia DIRECTORS The directors who served since the date of the last report and the date of this report are: Chairman Tan Sri Dato' Megat Zaharuddin bin Megat
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  • GREATER CHINA/INDIA
    • Article
      Lock icon China expected to ease monetary policy
      888 18 Stimulus announced so far not enough for desired growth target: economists Reuters [BEIJING] China will probably need to ease monetary policy for the first time in two years in coming months to prevent the economy from losing too much momentum, according to economists who
      Reuters  -  888 words
    • Article, Illustration
      Lock icon Rahul Gandhi bids to become India’s PM
      722 18 But polls show he is set to lead Congress to crushing defeat AFP [NEW DELHI] He has never held public office, has likened power to “poison", and seen his father and grandmother assassinated by extremists. Now Rahul Gandhi wants to become India’s prime
      AFP; PHOTO: REUTERS  -  722 words
  • Page 18 Advertisements
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      1297 18 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ELITE KSB HOLDINGS LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****0824G) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of Elite KSB Holdings Limited duly convened and
      1,297 words
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      125 18 th n Editio 11 14 September 2014 Singapore EXPO Hall 5 11am 10pm Daily Participate in Singapore’s BIGGEST Showcase Of Food Products Sell local international food products to over 250,000 visitors during the September school holiday period! Book Your Space NOW! *Limited Booths Available! For more information, call *****620 or
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      106 18 A i. Culinary Institutes f. Kitchen Equipment Technology Systems Institutional Caterer Food Supplies r Are you a vendor for any of the above categories? Food Services w in Asia 2014^ o«v'/X Better Selections 23-25 June 2014 Suntec, Singapore Looking for More Business Opportunities in the Healthcare Sector? Our event provides
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      2494 19 RafflesMedicalGroup Company Registration No. *****1967K (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 25 th Annual General Meeting (AGM) of Raffles Medical Group Ltd (the Company) will be held at 100 Victoria Street, #05-01, Possibility Room, National Library Building, Singapore *****4,
      2,494 words
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      2488 19 For East Group Limited (Company Registration No. *****0096C) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 112 Lavender Street #04-00 Far East Refrigeration Building Singapore *****8 on Wednesday, 30 April 2014
      2,488 words
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      2214 20 a? WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ShengSiong SHENG SIONG GROUP LTD. (Company Registration No.: *****3989Z) (Incorporated in Singapore with limited liabilities) NOTICE OF THIRD ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Third Annual General Meeting of SHENG SIONG GROUP LTD. (the “Company") will be held
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      3064 21 FOOD EMPIRE HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****1282G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Food Empire Holdings Limited (“the Company") will be held at River View Hotel, Lily Ballroom, Level 4, 382 Havelock Road, Singapore
      3,064 words
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      2689 21 HG METAL MANUFACTURING LIMITED Company Registration No. *****2660D (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of HG Metal Manufacturing Limited (“the Company") will be held at Orchid Room, 15 Jurong Port Road, Singapore *****9 on Wednesday. 23
      2,689 words
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      2263 22 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HU AN CABLE HOLDINGS LTD. (Company Registration No: *****0320N) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hu An Cable Holdings Ltd. (the "Company”) will be held at 31
      2,263 words
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      2168 23 ZIWO HOLDINGS LTD. (Company Registration No. *****0853Z) (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ziwo Holdings Ltd. (the “Company”) will be held at 168 Robinson Road, Capital Tower, FTSE Room, 9th Floor, Singapore *****2 on Thursday,
      2,168 words
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      2926 23 SAKAE HOLDINGS LTD. (Incorporated in Singapore on 2 July 1996) (Company Registration Number: *****4816E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sakae Holdings Ltd. (the “Company”) will be held at 28 Tai Seng Street, Sakae Building, Level 7, Singapore *****6, on Wednesday,
      2,926 words
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      2508 24 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ;.*!^&!.-^{$};:}'<!)&%@~:$=-~@? EUCON HOLDING LIMITED (Company Registration No.: *****7762R) (Incorporated in the Republic of Singapore with Limited Liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting of Eucon Holding Limited (the “Company”) will be held at
      2,508 words
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      501 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF I-QUALITY MARKETING SUPPLIES PTE. LTD. Co. Reg No *****7944M (IN CREDITORS’ VOLUNTARY LIQUIDATION) Statutory Declaration by Directors of Company’s Inability To Continue Business By Reasons of Its Liabilities We, Chia Khoon Lim and Ong Peng Hock,
      501 words
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      4016 25 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HYFLUX LTD Company Registration No.: *****2722Z (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hyflux Ltd (the “Company”) will be held at 80 Bendemeer Road, Hyflux Innovation Centre, Singapore
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  • WORLD
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      Lock icon Declining US tech stocks stoke fears
      608 26 Such momentum shares have been relying on investor exuberance to continue their growth NYT [NEW YORK] For much of the past year, Tesla Motors seemingly could do no wrong in investors’ eyes. A nearly unbroken string of quarterly losses, ambitions to build a massive
      NYT  -  608 words
    • Article
      Lock icon Better US fiscal health fuels Treasuries demand
      478 26 Bloomberg [NEW YORK] America’s improving fiscal health is starting to be reflected in the market for US Treasuries. As the Federal Reserve scales back its unprecedented bond buying this year, the ability of the world’s largest debtor nation to attract investors underscores the
      Bloomberg  -  478 words
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      Lock icon Investors sticking with GM after recall crisis
      648 28 While fallout may briefly crimp sales, stock drop seen as excessive and an opportunity to buy Bloomberg [NEW YORK] Many institutional investors in General Motors Co say that they’re keeping faith in the stock after the recall crisis wiped out more than US$3
      Bloomberg; PHOTO: AFP  -  648 words
    • Article
      Lock icon Japan, Australia agree to ground-breaking trade pact
      492 28  -  By ANTHONY ROWLEY in Tokyo JAPANESE Prime Minister Shinzo Abe and his Australian counterpart Tony Abbott last night announced following their summit meeting in Tokyo that they had agreed to a groundbreaking free trade deal between their two countries after seven years of
      492 words
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      Lock icon Management shake up at BlackRock in succession planning
      509 28 Reuters [NEW YORK] BlackRock Inc is reorganising its senior management ranks as the world’s largest money manager works towards an eventual succession plan for Larry Fink, its chief executive officer and co-found-er. New York-based BlackRock, which manages US$4.3 trillion in assets, is
      Reuters  -  509 words
    • Article
      Lock icon Glaxo probing claims of improper practices in Iraq
      401 29 Firm said to be violating anti-bribery laws by hiring govt-paid doctors to promote its products NYT [LONDON] The British drugmaker GlaxoSmithKline said that it was investigating claims of improper conduct related to its business in Iraq, less than a year after China
      NYT  -  401 words
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      Lock icon Greek banks back in favour with investors
      604 30 Improving economy, NPL recovery and fall in deposit rates all boost confidence: banker Bloomberg [ATHENS] International investors have started placing money into Greek banks as they anticipate the improving economy will boost profits across the industry, Michalis Sallas, chairman of Piraeus Bank, said.
      Bloomberg; PHOTO: BLOOMBERG  -  604 words
    • Article
      Lock icon German factory output up more than expected
      364 30 Increase is driven by higher production of intermediate goods Reuters [BERLIN] German industrial output rose slightly more than forecast in February, driven by higher production of intermediate goods and suggesting that the sector likely grew stronger in the first quarter than in the
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    • Article
      Lock icon UK dividends to climb to 2008 level on bank boost: Markit
      302 30 Reuters [LONDON] Large Brit-ish-listed companies are set to boost dividend payments to levels not seen since 2008 over the next year, Markit data showed, as a recovery in the country’s economy allows banks which had been battered by the
      Reuters  -  302 words
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      Lock icon Global ad spending to pass pre-financial crisis peak: Zenith
      400 31 Media buyer forecasts growth rates will hit 5.5 per cent this year Reuters [LONDON] Global advertising spending will grow over the next three years at levels not seen since the start of the financial crisis, leading media buyer ZenithOptimedia said yesterday.
      Reuters; PHOTO: AFP  -  400 words
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      Lock icon Credit Suisse faces threat of new US tax probe
      705 32 New York official examining whether bank has lied about creating tax shelters Reuters [ZURICH] Credit Suisse faces the threat of a new investigation into its role in helping wealthy Americans avoid paying taxes after New York state’s top financial regulator requested
      Reuters; PHOTO: BLOOMBERG  -  705 words
    • Article
      Lock icon UK plans tighter controls on betting machines
      422 32 Hundreds of jobs put at risk, warns gaming industry Reuters [LONDON] Britain plans to tighten controls on the high-stakes gambling machines whose numbers have grown rapidly in town centre betting shops in recent years, sparking a warning from the gaming industry that hundreds
      Reuters  -  422 words
    • BRIEFING
      • Article
        Lock icon Merger deal may earn banks up to US$100m
        84 32 Bloomberg [LONDON] Goldman Sachs Group, Rothschild and Zaoui Co are among banks that may split as much as US$100 million in fees for their roles advising on the merger of Holcim and Lafarge to create the world’s biggest cement maker. Goldman Sachs
        Bloomberg  -  84 words
      • Article
        Lock icon In-principle deal on UAE stock market merger
        99 32 Reuters [ABU DHABI] A top Dubai economic policymaker said yesterday that an agreement to merge the two main stock markets in the United Arab Emirates, the Dubai Financial Market and the Abu Dhabi Securities Exchange, had been reached in principle but nothing had
        Reuters  -  99 words
      • Article
        Lock icon Fund gets US$20m to invest in startups
        71 32 Bloomberg [NAIROBI] JPMorgan Chase Co and the UK’s Department for International Development (DFID) will contribute a combined US$20 million to a private-equity fund investing in startup businesses operating in East Africa. DFID’s Impact Fund, which is managed by CDC Group, a development finance
        Bloomberg  -  71 words
    • Article, Illustration
      Lock icon ECB’s bank reviews a boon for auditors
      714 33 They stand to reap about 400m euros from 128 of region’s largest lenders Bloomberg [MADRID] Cleaning up Europe’s banks is proving to be a boon to accountants and consultants. BlackRock Inc, PriceWaterhouseCoopers and KPMG are some of the firms hired by regulators and
      Bloomberg; PHOTO: AFP  -  714 words
  • Page 26 Advertisements
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      1332 26 AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices P99 HOLDINGS LIMITED Company Registration No. *****1696K (Incorporated in the Republic of Singapore) (the “Company”) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of P99 HOLDINGS LIMITED (“the Company”) will be held at NUSS Kent Ridge
      1,332 words
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      1090 26 UNITED ENGINEERS LIMITED (Company Registration No. *****0018G) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the One Hundredth Annual General Meeting of United Engineers Limited (the “Company”) will be held at UE Convention Centre, 4 Changi Business Park Avenue 1, Singapore *****6 on Friday, 25
      1,090 words
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      1593 27 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices RAKER Technology limited^ BAKER TECHNOLOGY LIMITED (Unique Entity Number *****0637D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Baker Technology Limited (the "Company") will be held at Nautica II,
      1,593 words
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      424 27 REX INTERNATIONAL HOLDING LIMITED (the“Company”) CompanyRegistrationNo.*****1242M (IncorporatedintheRepublicofSingapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVENthattheAnnualGeneralMeetingofRexInternationalHoldingLimitedwillbeheldatRafflesCityConventionCentre,Morrison&HulletRoom,Level4,80Bras BasahRoadSingapore*****0onWednesday,30April2014at3.00p.m.(the“AGM”)forthefollowingpurposes: Ordinary Business 1. ToreceiveandadopttheDirectors’ReportandAuditedFinancialStatementsoftheCompanyforthefinancialyearended31December2013togetherwiththeAuditors’Report thereon. (Resolution 1) 2. ToapprovethepaymentofDirectors’feesofS$212,493/-forthefinancialyearended31December2013. (Resolution 2) 3. ToapprovethepaymentofDirectors’feesofS$550,000/-forthefinancialyearending31December2014,payablequarterlyinarrears. (SeeExplanatoryNote1) (Resolution 3) 4. Tore-appointMrDanBroströmwhoisretiringpursuanttoSection153(6)oftheCompaniesActCap.50.ofSingapore. (Resolution 4) 5. Tore-electDrKarlHelgeToreLidgrenwhoisretiringpursuanttoArticle99oftheCompany’sArticlesofAssociation. (Resolution 5) 6. Tore-electMrSinBoonAnnwhoisretiringpursuanttoArticle99oftheCompany’sArticlesofAssociation. (Resolution 6) MrSinBoonAnnwill,uponre-electionasaDirectoroftheCompany,remainastheLeadIndependentandNon-ExecutiveDirector,ChairmanoftheNominatingandRemuneration CommitteesandamemberofAuditCommittee.TheBoardconsidershimtobeindependentforthepurposeofRule704(7)oftheListingManual(SectionB:CatalistRules)ofthe SingaporeExchangeSecuritiesTradingLimited(the“SGX-ST”)(the“Catalist Rules”). 7.
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      2392 28 LIBRA GROUP LIMITED Company Registration No. *****2364R (Incorporated in the Republic of Singapore on 20 October 2010) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of Libra Group Limited (the “Company”) will be held at Orchid Country Club, 1 Orchid Club Road, Singapore
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      3622 29 tff SAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ML A *L fl ej NOTICE OF ANNUAL GENERAL MEETING f chip eng seng corporation ltd Co. Reg. No. *****5196H (the ‘Company’} NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Emerald Suite, Golf
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      7 30 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices `%:^@??)*=[(<\{/@.*!+$![]%<'%-`
      7 words
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      1176 30 Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Unitholders of Forterra Trust (“FTT” and unitholders of FTT, “Unitholders”) will be held at the Millenia 3, Level 2 of The Ritz-Carlton Millenia Singapore, 7 Raffles Avenue, Singapore *****9 on Wednesday, 30 April 2014
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      4103 31 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices TA CORPORATION LTD Co. Registration No. 201 *****2R (Incorporated in the Republic of Singapore) NOTICE OF THE ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of TA Corporation Ltd (the “Company”) will be held at 1 Jalan Berseh,
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      350 32 STPROPERTY FORUM a REAL ESTATE OPPORTUNITIES RISE UP TO THE CHALLENGES IN THE SINGAPORE PROPERTY MARKET I 7 An Insight For Real Estate Professionals and Investors With the implementation of seven rounds of cooling measures in Singapore, industry professionals and investors are grappling with a more challenging real estate market,
      350 words
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      3095 33 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices NTEGRATOR INTERNATIONAL LTD. (Incorporated in Singapore) (Co. Reg. No: *****4281D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ntegrator International Ltd. (the “Company”) will be held at 4 Leng Kee Road #06-04, SIS Building, Singapore
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  • FOOD&HOTELASIA2014
    • Article, Illustration
      Lock icon Eyeing the growing Asian market
      961 34  -  Food&HotelAsia is set to attract 45,000 trade professionals from more than 90 countries/regions, reportsCHAN CHAN YI WEN FROM April 8-11, the Singapore Expo will set the stage for the largest food, beverage and hospitality trade show in Asia, where industry players worldwide will converge for
      FILE PHOTOS  -  961 words
    • Article, Illustration
      Lock icon Embracing technology to cope with challenges
      716 35  -  A series of conferences will address key problems faced in the food beverage and hospitality sectors. CHAN YI WENreports WENreports CHAN YI WENreports THOSE in the food and beverage and hospitality trade are in for a four-day powwow from today on the challenges facing
      FILE PHOTO  -  716 words
  • Page 34 Advertisements
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      146 34 Since 1978 Ctyin6\ Asia 2014 www.foodnhotelasia.comwww.winespiritsasia.com 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 10am 6pm (8 10 April) 10am 4pm (11 April) vo vvovvs v\s vivivw' o# Organiser: m Singapore Exhibition Services Pte
      146 words
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      299 34 Food&HotelAsia2014 Wine&SpiritsAsia2014 At A Glance O 102,000sqm of exhibition area O 65,000 trade attendees from 100 countries/regions O 3,213 exhibitors from 65 countries/regions O 63 international group pavilions O 5 world-class competitions O 1 power-packed FHA2014 International Conference Day 1 •8Apr,Tue Y Day 2 9 Apr, Wed Day 3- 10
      299 words
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      838 35 Visit Us To Savour The Freshness Of Bobo Fishballs Ha Li Fa Pte Ltd was founded in 1987 and established in 1993. Through the growing popularity of its BoBo brand of fishballs and fishcakes, the company has since gained a firm foothold in both the local and international markets. It
      838 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Some lessons from the MH370 mystery
      495 36 EDITORIAL TWO acoustic signals detected by Chinese naval ship Haixun 01 and signals picked up by an Australian search ship offer some hope that the MH370 mystery will be solved. Today is exactly one month after the plane went missing. The black box only
      495 words
    • Article, Illustration
      Lock icon The case for moderately higher inflation
      847 36  -  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 ECONONERDS eagerly await each new edition of the International Monetary Fund’s World Economic Outlook. Never mind
      NYT  -  847 words
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      Lock icon All eyes on Asia’s two giant democracies
      1133 36  -  Replicating success at national level will be the challenge for the two leading candidates By MARITZA CABEZAS The writer is a senior economist at ABN Amro Group Economics ELECTIONS in India and Indonesia two of the world’s largest democracies start this week. In
      PHOTOS: AFP  -  1,133 words
    • Article, Illustration
      Lock icon Is Click & Collect the saviour of retail?
      1005 37  - Is Click Collect the saviour of retail? The trend is becoming increasingly popular with retailers around the world By and DOMINIC POWERS, SANA DUBARRY The writers are respectively EVP MD (international) and director of strategic consulting, EMEA, at Epsilon. Traditional bricks and mortar retailers are facing significant challenges because of
      PHOTO: BLOOMBERG  -  1,005 words
    • Article, Illustration
      Lock icon Seeing China’s urbanisation in historical perspective
      749 37  -  By PETER A COCLANIS The writer is Albert R Newsome Distinguished Professor of History and director of the Global Research Institute at the University of North Carolina-Chapel Hill. IN recent years, it has seemed hard at times to pick up a newspaper without reading
      PHOTO: AFP  -  749 words
    • LETTERS TO THE EDITOR
      • Article
        Lock icon Jardine UK listing change seems to be in response to a raising of standards
        601 37 I REFER to the letter, “Where SGX and LSE listings differ” (BT, April 4), from Mohammed Nasser Ismail, the head of Issuer Regulation at the Singapore Exchange (SGX), in response to my earlier letter, “Jardine group
        601 words
      • Article
        Lock icon Take HK counters out of STI
        302 37 MAK Yuen Teen’s admirably professional analysis, “Jardine group listing changes raise questions” (BT, April 1, 2014), ends with a Parthian shot “would they qualify to remain in the STI here?” In a classical example of deja vu, it echoes the rhetorical question “Should Jardine
        302 words
      • Article
        Lock icon Let shareholders choose cash over shares
        443 37 SOME listed companies issue shares as bonus shares to improve trading; others issue shares pursuant to a rights issue, conversion of warrants or as dividends in specie. The shares may be issued new or from the issuer’s treasury shares accumulated from previous share repurchase
        443 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Consolidation seen in face of overcapacity
      693 38  -  Seminar participants want public, private sectors to join hands to meet challenges SINGAPORE MARITIME WEEK Reports by MALMINDERJIT SINGH msingh@sph.com.sg OVERCAPACITY continues to plague the shipping sector, container shipping in particular, prompting industry leaders here to call for greater consolidation and collaboration among companies
      693 words
    • Article, Illustration
      Lock icon Maersk cuts emissions with fuel efficiency
      625 38 CO2 reduced 12% after major overhaul of container ships ENVIRONMENTAL sustainability and growth may seem mutually exclusive, but Maersk Line has shown they can go hand in hand. The world’s largest container shipping line cut its carbon dioxide (CO2) emissions by 3.8 million tonnes
      PHOTO: BLOOMBERG  -  625 words
    • Article, Illustration
      Lock icon MH370 searchers detect ‘most promising’ acoustic lead
      469 38 AFP [PERTH] An Australian navy ship has detected new underwater signals consistent with aircraft “black boxes”, the chief of the MH370 search said yesterday, calling it the “most promising lead” yet in the month-old hunt for the missing plane. Retired Australian defence force
      – AFP; PHOTO: AFP  -  469 words
    • Article
      Lock icon Asian airlines feel drag from weak cargo market
      445 38  -  By NISHA RAMCHANDANI nishar@sph.com.sg SHARE values of Asian carriers registered a 2 per cent drop in March compared to February, as the region’s airlines continued to struggle with a weak cargo market. Globally, airline shares were flat in March, in line with
      445 words
    • Article
      Lock icon TRANSPORT STOCKS
      235 38 SGX '000 Apr 07 S$ +/-Vol Ch Offshore 0.41 -0.01 36 Chuan Hup Hldg 0.26 unch 30 '000 Cwt Limited...............1.50 -0.01 753 s$ First Ship Lea 0.11 -0.01 471 Grand Banks unch unch 0 Jaya Hold Ltd 0.41 K1Ventures 36 Keppel Corp 10.92 -0.01 2233 Mercator Lines 0.10
      235 words
  • Page 38 Advertisements
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      124 38 ASIA WEST AFRICA TRADE AGREEMENT (AWATA) NOTICE OF 2014 MAY RATE RESTORATION In order to ensure that the Members Lines are able to continue to provide the service necessary to meet the needs of their customers, the Members Lines of the Asia including Japan, South East Asia and Bangladesh West
      124 words
  • Page 38 Miscellaneous
    • Miscellaneous
      Lock icon Page 38 Miscellaneous Column 1
      308 38 CRYPTIC CROSSWORD Across 7 Hurricane series being shown inside (7) 8 Copper strangled by a fat round count (7) 10 Bird in brass a lot manufactured (9) 11 Love game analysed, last of a series (5) 12 Gong bringing first of diners into dinner, perhaps (5) 13 Pride, say, shown
      308 words
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  • Article
    Lock icon SHIPPING TIMES
    1202 39 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
    1,202 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3068 40 Transaction date: Apr 7 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 13.6 10.4 8Telecom Day Last Quote Div Gr Yld Net M Cap 181.6 102.4 AIMSAMPIReit 138.5 +3 697 138.5
      3,068 words
    • Article
      Lock icon SGX CATALIST
      310 41 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 1.9 0.9 t Advanced System 1 unch 450 1 1 1 1.1 19.5 Div Gr Yld Net
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    • Article
      Lock icon UNIT TRUST & FUNDS
      11802 41 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.53/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond 1.9261/ China Opportunities 1 2 8024/ EM Local Ccy Bond 0 8991/ European Opportunities 1 1 3423/ Global Emerging Markets
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    • Article
      Lock icon GLOBALQUOTE
      262 41 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 61.5 34.4 AVJennings A61 +1 27 61 60 57 62 3.6 5.7 5 225.8 52 35.5 Genting HK US$ US39 +0.5 6996 39.5 38.5 38.5 39 2568
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    • Article
      Lock icon SGX ETF
      1111 41 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 143 119 CIMB APAC Div 100S$D 128.7 +1 15 128.7 128.7 126.9 129.4 114.4 94 CIMB APAC Div 100US$ US101.7 +0.5 101.7 101.7 100.7 102.7
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      675 42 Apr 7 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.82 *****.58 *****.37 Jun14 *****.00 *****.00 *****.00 *****.00 ***** *****6 Sep14 *****.00 0 8576 MSCI TAIWAN INDEX FUTURES SPOT 312.18 313.52 311.32 Apr14 312.30 313.60 311.80 313.40 4313 *****6 May14 312.50 313.10 312.30 313.50
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 42 In local curr In S$ In US$ dy yr dy yr dy yr Apr 4 Index Change Change Change Change Change Change World Preliminary 1201.2 0.0 1.4 -0.2 1.2 0.0 1.4 EAFE Preliminary 960.7 0.4 0.5 0.2 0.6 0.4 0.9 Europe Preliminary 1391.7 0.5 2.7
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    • Article
      Lock icon INTERBANK CROSS RATES
      471 42 Apr 7 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.020 5.769 0.677 7.203 55.801 104.952 0.958 9.801 3.035 1.079 91.129 41.678 1.171 9.800 0.827 28.119 30.150 0.560 0.929 Canada 0.980 5.656
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    • Article
      Lock icon SIBOR
      29 42 Apr 7 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) (S$) ..0.***** Source: Thomson Reuters
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    • Article
      Lock icon GOVERNMENT SECURITIES
      82 42 Apr 7 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****T 31-Oct-14 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.24 101.32 101.24 5-Year NX*****W 2.5 01-Jun-19 104.84 104.95 104.90 10-Year NX*****H 2.750 01-Jul-23
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    • Article
      Lock icon PRECIOUS METALS
      138 42 Apr 07 GOLD(US$/oz) Apr 07 Apr 06 Hong Kong 1304.00 1294.00 Apr 04 Apr 03 London 1305.21 1288.25 1306.01 1288.55 Source: Thomson Reuters CAST BAR Apr 07 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 79 50 5gm 316 261 10gm 589 525
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    • Article
      Lock icon PALM OIL
      57 42 Apr 7 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 14 2675.0 2668.0 2678.0 2645.0 179 1557 May 14 2688.0 2642.0 2688.0 2628.0 930 ***** Jun 14 2655.0 2622.0 2663.0 2611.0 ***** ***** Jul 14 2648.0 2611.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 42 Apr 7 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1702 1.1709 0.9285 0.9289 Canadian dollar 1.1472 1.1480 0.9107 0.9102 Euro 1.7286 1.7292 1.3716 1.3718 NZ dollar 1.0844 1.0853 0.8604 0.8610 Sterling pound 2.0883 2.0893 1.6570 1.6575
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 42 As at 9am Apr 07 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.197 1.140 Can dollar 1.168 1.124 Euro 1.766 1.682 Sterling pound 2.126 2.045 NZ dollar 1.109 1.067 US dollar 1.285 1.224 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      157 42 Apr 7 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.05 US$ 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
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      986 42 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 ...........38 xe 0.3 1 23 0.88 51 Asia-Pacific Strategic W*****6 Exer Acma Ltd W*****7 Prem Disc Asiatic Grp(Hldgs) Ltd W*****5 2.3 unch 226 0.0 2 17 Asiatravel.com HoldingsW*****7
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    • Article
      Lock icon CHICAGO BOT
      109 42 Apr 4 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 14 1473.75 1475.25 1487.00 1463.00 Jul 14 1455.00 1454.25 1466.00 1444.25 Aug 14 1374.50 1373.25 1382.75 1366.75 Sep 14 1257.00 1255.25 1264.75 1251.25 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 14
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    • Article
      Lock icon LIFFE
      95 42 Apr 4 COCOA (£/tonne) Close Prev High Low May 14 1875 1849 1886 1845 Jul 14 1877 1852 1887 1847 Sep 14 1878 1854 1887 1850 Dec 14 1867 1842 1876 1839 COFFEE(US$/tonne) Close Prev High Low May 14 2085 2016 2092 2035 Jul 14 2072 2014 2077 2032
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 42 CRUDE OIL PRODUCTS Apr 04 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 106.62 1.38 WTI (Near Mth) 101.09 0.75 Dubai (1-Mth F) 103.05 1.77 Tapis blend 110.46 2.47 Minas 106.76 2.47 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 101.47 1.47 Jet Kerosene 119.58 1.79 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 42 Apr 7 S$ Bid Offer 1-month 1.2603 1.2605 2-months 1.2602 1.2605 3-months 1.2602 1.2604 6-months 1.2600 1.2602 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      66 42 Apr-04 Apr-04 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1785.75 1796.50 3 months 1822.00 1834.00 Copper, Grade A(US$/tonne) Cash 6619.00 6643.25 3 months 6619.00 6642.50 Lead(US$/tonne) Cash 2038.50 2031.50 3 months 2059.00 2055.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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  • PROPERTY
    • Article, Illustration
      Lock icon Australia home price surge may tighten lending
      672 43 Prices are rising because of the very low interest rates, says ANZ chief Bloomberg [SYDNEY] Banks may tighten lending standards and buyers turn cautious if a surge in Sydney house prices spreads to other capital cities in Australia, the country head of the
      Bloomberg; PHOTO: BLOOMBERG  -  672 words
    • Article
      Lock icon Resort development fuelling Macau property bubble
      542 43 Reuters [MACAU] As the world’s gambling capital Macau races to open more than 17,000 new hotel rooms over the next three years to keep pace with a flood of Chinese visitors, only about 4,000 affordable homes for locals are expected to be built in
      Reuters  -  542 words
    • Article
      Lock icon Poll: property pay packages differ in Asia
      447 43  -  Different stages of market development cause of discrepancy By GOH KANG SHIONG gohkangs@sph.com.sg SALARIES of real estate professionals in Singapore have risen 9 per cent, ahead of China’s 7 per cent but still lower than Malaysia’s 11 per cent and Hong Kong’s 9.2
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    • Article, Illustration
      Lock icon HDB resale prices edge up, strong rebound in volume
      775 44  -  Gains by smaller units offset falls in prices of larger flats in March By LYNETTE KHOO lynkhoo@sph.com.sg RESALE prices of Housing and Development Board (HDB) flats crawled slightly higher last month as price increases in smaller units offset the declines in
      Source: srx.com.sg  -  775 words
    • Article
      Lock icon Hillview House site on the block again
      494 44  -  Freehold vacant plot, zoned residential, asking $55m or $875 psf ppr By KALPANA RASHIWALA kalpana@sph.com.sg THE former Hillview House site is back on the market. The asking price for the freehold property, which is zoned for residential use, is $55 million. This works
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    • Article
      Lock icon NZ home price growth slows in March
      242 44 Re uters [WELLINGTON] New Zealand house price growth slowed for a fourth consecutive month in March, as lending restrictions and rising interest rates weighed on the market, the government property valuer said yesterday. Quotable Value’s (QV) residential property index rose 8.8 per cent
      Reuters  -  242 words
  • Page 43 Advertisements
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      Lock icon Page 43 Advertisements Column 1
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      221 words
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      Lock icon Page 43 Advertisements Column 2
      166 43 FACTORIES IN ISKANDAR FOR SALE 1 10-Min from Second Link Size: 13,000 sq ft 42,000 sq ft Semi-Detached Detached Factory Freehold Good Layout Near Commercial Lifestyle Amenities Dominic Peters 9825 2101 CEA Reg. No. R*****1G www.savills.com.sg savills Agency No. L*****88B $1 11 BRAND NEW LIGHT INDUSTRIAL AT ALJUNIED 5-min walk
      166 words
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      Lock icon Page 43 Advertisements Column 3
      286 43 FREEHOLD RESIDENTIAL SITE OFF HILLVIEW AVENUE Actual View from Subject Site nSite Area: 4,046.6 sm nResidential, PR 1.92, up to 10-sty nNestled within a serene neighbourhood Actual View from Subject Site nVacant site, regular configuration nSits on elevated ground and enjoys unobstructed view of surrounding area nSingle seller For Further
      286 words
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  • Page 44 Advertisements
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      Lock icon Page 44 Advertisements Column 1
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      Lock icon Page 44 Advertisements Column 2
      185 44 MS MS LON DON Property Owners /MM V’f ■s 1 .3- IIBIIII* r. m r.« ,13liv C a r i y\ pi c y London leasing expert hosts property seminars on Saturday 12th April from 12 2pm and 3 5pm Private appointments available 11th 14th April LIMITED SPACES BOOK NOW!
      185 words