The Business Times, 16 April 2014

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Total Pages: 32
1 32 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 Wednesday, April 16, 2014
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  • Article, Illustration
    Lock icon SIA goes full throttle with Formula 1
    821 1  -  Airline will be title sponsor for the Singapore Grand Prix for 2 years E)’ NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT [SINGAPORE] Singapore Airlines (SIA) is swooping in as title sponsor for the Singapore Grand Prix taking over from telco group SingTel as it seeks to
    BT Graphics: Ludwig Ilio; Source: MTI; PHOTO: KEVIN LIM/THE STRAITS TIMES  -  821 words
  • Article
    Lock icon OBS, Wheelock offer $3.50-a-share for HPL
    739 1  -  Market watchers suggest rival offer from Fu family could be in the offing By KALPANA RASHIWALA kalpana@sph.com.sg @KalpanaBT [SINGAPORE] Ong Beng Seng and Wheelock Properties yesterday jointly launched a $3.50-a-share cash offer for Hotel Properties Ltd (HPL), reviving market talk that the company would
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,246.32 (+31.49) GST INDEX FUTURES 3,218.00 (+31.00) GSIMSCI 367.58 (+4.05) GSIMSCI FUTURES 365.00 (+4.30) US$ S$ US$ (S$ per US$) 1.253 (US$/S$ per 1.670 2.092 EURO (US$/S$/€ 1.380 1.729 Foreign currency per US$ S$ YEN 101.80 81.20 RM 3.248 2.592 HK$ 7.754 6.188 BAHT 32.29 25.77 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Tuesday Change KL COMP 1,853.88 +2.35 NIKKEI 225 10,342.16 +27.33 HANG SENG 22,671.26 -367.54 SET INDEX 1,389.16 -0.40 JAKARTA COMP 4,870.21 +5.33 MANILA COMP 6,621.66 +32.11 SEOUL COMP 1,992.27 -4.75 SHENZHEN B 845.06 -6.99 MUMBAI IND 22,484.93 -144.03 12noon EDT Change DOW 16,094.76 -78.48 NASDAQ 3,965.43 -57.27
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    • Article
      Lock icon PRIME RATES
      19 1 SINGAPORE 5.35 MALAYSIA INDONESIA HONG KONG 5.00 INDONESIA 15.144 TAIWAN US JAPAN 1.475 KOREA 9.33 Source: Bloomberg
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      153 1 COMPANIES Commodities seen picking up from next year PAGE 7 PROPERTY Developers sold 480 private homes in March: URA PAGE 2 STRAIT TALK Duty bound to help abandoned sailors PAGE 22 LAND TRANSPORT Singapore goods vehicle market gets govt boost PAGE 24 r Deutsche Bank db.com Forging strong client partnerships
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  • TOP STORIES
    • Article, Illustration
      Lock icon Developers sold 480 private homes in March: URA
      739 2  -  This compares with 739 units in February and 2,793 units in March 2013 By LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT [SINGAPORE] Developers sold 480 private homes in March, down from 739 units in February and 2,793 units in March last year. This brings the
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    • Article
      Lock icon THREE-MINUTE DIGEST
      516 2 SIA goes full throttle with Formula 1 SINGAPORE Airlines is swooping in as title sponsor for the Singapore Grand Prix taking over from telco group SingTel as it seeks to ride on an iconic sporting event watched by millions across the globe. FRONT PAGE Developers sold 480 private
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    • Article, Illustration
      Lock icon Leveraging on an iconic event
      744 4  -  In inking the F1 deal, SIA joins its keenest competitors that spend tens of millions on global sponsorships COMMENTARY VEN SREENIVASAN ven@sph.com.sg @VenSreeBT Associate News Editor SINGAPORE Airlines is not just an icon in the world of commercial aviation. It is also a company which
      PHOTO: VEN SREENIVASAN  -  744 words
    • Article, Illustration
      Lock icon Treasure trove
      47 4 BT Graphics: Jennifer Chua Hilton Singapore 421 rooms/suites 24-storey 999-year leasehold property Four Seasons Hotel Singapore 255 rooms/suites 20-storey Freehold HPLHouse 9-storey building Forum The Shopping Mall Retail and office property Freehold Owned by Wheelock Wheelock Place 16-storey development comprising offices and a retail podium
      BT Graphics: Jennifer Chua  -  47 words
    • Article
      Lock icon 1MDB investment strategy could raise more hackles
      707 4  -  Latest filing shows it has accumulated RM42.3b of debt as at end-March 2013, up from RM8.4b By ANITA GABRIEL anitag@sph.com.sg @AnitaGabrielBT [SINGAPORE] Malaysia’s state-backed 1Malaysia Development Bhd (1MDB) has lodged its long-awaited and delayed accounts for the year ended March 2013, but the
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    • Article, Illustration
      Lock icon Zebra buys Motorola’s enterprise unit for US$3.45b
      629 4  -  The combined entity will become a major player in IoT devices services market By AMIT ROY CHOUDHURY amit@sph.com.sg @AmitRoyCBT [SINGAPORE] Zebra Technologies, a low-profile but key player in the inventory tracking business, made a big splash yesterday by announcing that it would pick
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      424 2 REACHING THE APEX OF SUSTAINABILITY EXCELLENCE SINGAP0RE SUSTAINABILITY AWARDS The Singapore Sustainability Awards is an initiative of the Singapore Business Federation (SBF) which showcases the most innovative and impactful sustainable practices and green solutions among organizations in Singapore. Inaugurated in 2009, the Awards recognize organizations for their outstanding sustainable business
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      176 3 4: mmt V JVV- j .'*=?*•> .> S! rtf 3r > i' (SSK y'-i w 2^S si#. m w m V-: &*7 T’ "r V aa asm&» ■ci 'V T A' ft 1 > a f-.V I »V NV m y yr> tf'i' .£*’«> v immm L I Wlti 85
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  • COMPANY NEWS
    • Article
      Lock icon Banks court regional SMEs while waiting on S’pore Inc
      728 5  -  HOCK LOCK SIEW By JAMIE LEE leejamie@sph.com.sg @JamieLeeBT THE proposed bid for Wing Hang Bank by Oversea-Chi-nese Banking Corporation (OCBC) prompts a closer look at the way the three homegrown lenders are gunning for small and medi-um-sized (SME) businesses on a
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    • Article, Illustration
      Lock icon Keppel T&T’s Q1 profit up 2.9%
      228 5  -  By JOYCE HOOI joyceh@sph.com.sg @JoyceHooiBT KEPPEL Telecommunications and Transportation (Keppel T&T) posted a 2.9 per cent year-on-year increase in net profit to $15.4 million for the first quarter ended March 31, 2014. Revenue grew 21.6 per cent to $48.7 million, boosted by an improved
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    • Article
      Lock icon PICTET
      273 5 Pictet-Absl Rtn Fxd Inc-HP EUR 10/04/2014 EUR 102,24 Pictet-Absl Rtn Glo Div-P EUR 10/04/2014 EUR 113,98 Pictet-Asian Equities Ex Japan-P USD 11/04/2014 USD 184,70 Pictet-Asian Local Currency Debt-P USD 11/04/2014 USD 146,42 Pictet-Biotech-P USD 10/04/2014 USD 531,92 Pictet-Clean Energy-P USD 10/04/2014 USD 87,40 Pictet-Digital Communication-P USD 10/04/2014 USD 197,30
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    • Article, Illustration
      Lock icon Commodities seen picking up from next year
      461 7  -  New equilibrium between demand and supply being established: Westpac By ANDREA SOH sandrea@sph.com.sg @AndreaSohBT COMMODITY prices, especially those of metals and energy, will reach a trough this year and pick up from next year onwards, according to forecasts by Australian bank Westpac. While
      PHOTOS: BLOOMBERG, WESTPAC  -  461 words
    • Article
      Lock icon Focus on next growth sectors in Asia: Nikko AM
      600 7  -  They may include healthcare, tourism, and insurance By CAI HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT THE next growth areas in Asia might not necessarily be in real estate, which was big 10 years ago, or technology, which is big now. They might be in
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    • COMPANY BRIEFS
      • Article
        Lock icon Yanlord acquires site in Suzhou Gao Xin
        48 7 YANLORD Land Group has acquired a prime residential development site in China’s district of Suzhou Gao Xin for about 1.35 billion yuan (S$271.6 million). This site, spanning 171,200 square metres in gross floor area, was acquired in a public land auction.
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      • Article
        Lock icon K-Green Trust gets new name
        93 7 KEPPEL’S K-Green Trust will be renamed Keppel Infrastructure Trust, with effect from today. This change in name is being made to “to better represent the nature and scope of the infrastructure assets and businesses that the trust may acquire with the expanded investment mandate,” the
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      • Article
        Lock icon StanChart appoints Asean markets CEO
        50 7 STANDARD Chartered Bank has appointed Lim Cheng Teck as the CEO for its Asean markets, effective from May 1. Mr Lim joined Standard Chartered in Singapore in 1988. He has spent almost 10 years based overseas and will return to Singapore for his new role.
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      • Article
        Lock icon Two new senior appointments at CDL
        74 7 CITY Developments (CDL) has made two new appointments to its senior management team. Sherman Kwek son of CDL’s executive chairman Kwek Leng Beng has been appointed chief investment officer of CDL in addition to his role of CEO of CDL China Limited, a subsidiary
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      810 9  -  Compiled by TEH SHI NING Croesus Retail Trust April 15 close: S$0.88 Phillip Securities Research, April 15 CROESUS Retail Trust (CRT) offers higher-than-market distribution yields, estimated at 8.34 per cent. We benchmark CRT to its rightful competitors Japan Reits. Based on current data, Japan Reits are trading at
      Source: Bloomberg  -  810 words
    • Article
      Lock icon Keppel Land Q1 profit down 9.2% to $87.7m
      549 9  -  Lower contributions from associates and absence of a tax writeback hit results By LYNETTE KHOO lynkhoo@sph.com.sg @LynetteKhooBT KEPPEL Land’s net profit for the first quarter ended March 31 slipped 9.2 per cent to $87.7 million, dragged down by lower contributions from associates
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    • Article
      Lock icon Fish profits recovering for Qian Hu
      261 9  -  By CAI HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT CONTINUED recovery in dragon fish revenue boosted ornamental fish seller Qian Hu Corporation’s results for its first quarter ended March 31, 2014. Net profit was up 86 per cent at $115,000 from a year ago. Revenue rose 2.4 per
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    • Article, Illustration
      Lock icon Negotiating business in Asia
      951 9  -  Sealing the deal in this diverse market requires special skills due to cross-cultural differences Brought to you by BY NARENDRA AGGARWAL NEGOTIATING successful business deals in the rapidly growing Asian market requires not only practice but also a strong understanding of the cross-cultural differences in view
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    • Article, Illustration
      Lock icon CapitaLand, CMA soar on delisting offer for latter
      700 10  -  CapitaLand shares surge 6.5%; CMA leaps 21% to hit 52-week high BY LYNETTE KH00 |ynkhoo@sph.com.sg @LynetteKhooBT SHARES of CapitaLand and its 65.3-per cent subsidiary CapitaMalls Asia (CMA) surged yesterday on news of the parent’s $3.06-bil-lion delisting offer for CMA. While the move
      PHOTO: BLOOMBERG  -  700 words
    • Article
      Lock icon Ascott makes foray into Tokyo
      340 10  -  By ANTHONY ROWLEY in Tokyo CAPITALAND is making an investment in the future of Tokyo as a business and residential centre via its wholly owned subsidiary, The Ascott, which has signed a master lease agreement with Mitsubishi Estate Company to provide serviced apartments in the
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      223 5 DBS iWealth Trading at DBS iWealth clicks with Steven. Our one-stop service platform gives him real-time stock prices, valuable market reports, and can grow his portfolio on the go. Brokerage fees are as low as 0.18%*. Better yet, he now saves on foreign trade commissions, and could also win a
      223 words
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      163 5 SALE FOR Living Like Raffles Foreigners Can Buy Conservation House The Location! The rare status that Foreigners CAN Buy! But it's a residential House! See our petite conservation terrace with a lovely forecourt, elegant Victorian finishes and a shared pool and underground covered parking. Near Robertson Quay River Valley, Mohamed
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      304 6 J A r 1 r 1 J J r r SAMSUNG NEW 12:45 Tue, 7 January J: Ml Swipe screen lo unlock I I ID 3 Subscribe* now to The Straits Times All-in-One PLUS package for 36 months and receive the new Samsung GALAXY Tab PRO (8.4" Display) LTE only
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      540 7 IS YOUR PORTFOLIO BALANCED? REDISCOVER GLOBAL OPPORTUNITIES Many Singaporeans are heavily invested in local equities. If you are one of them, you may be missing out on a world of opportunity. We believe that now is the time to diversify your portfolio by investing beyond Singapore. At Franklin Templeton, we
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Privatisation fever grips local market
      677 8  -  STI up on news of CapitaLand’s offer to take CapitaMalls Asia private STOCKS R SIVANITHY sivan@sph.com.sg @RSivanithyBT Senior Correspondent CAPITALAND’S offer to take its subsidiary CapitaMalls Asia (CMA) private played a major part in thrusting the Straits Times Index 31.49 points or one per cent
      Source: Bloomberg  -  677 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Apr 15 VALUE CLOSE BT OB/OS 15.00 +44.00 BT CADI -*****.00 +50.00 BT 10-day MA -*****.00 +1.00 FTSE ST Mid Cap 741.40 +5.09 FTSE ST Small Cap 546.37 +1.38 FTSE ST All Share 787.00 +6.87 FTSE ST China Top 200.03 +1.27 FTSE ST China 229.00 +2.01 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      59 8 VOLUME HanKore Env 372,402,000 CapitaMalls Asia 185,164,000 Memstar Tech 159,406,000 CCM 147,162,000 Charisma Energy 98,162,000 Armarda 67,632,000 Lottvision 60,943,000 CCM Group W*****0 58,350,000 Cacola 56,342,000 Addvalue Tech 56,144,000 VALUE($) CapitaMalls Asia 405,917,925 CapitaLand 155,608,660 DBS Grp 85,475,511 Global Logistic 82,874,550 UOB 62,427,026 SingTel 48,557,800 HanKore Env 44,616,567
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 11 3 1 0 0 0 11 3 1 Manufacturing 46 49 45 6 6 9 52 55 54 Commerce 20 21 23 3 8 3 23 29 26 Tpt/Stor/Comms 20 12 10
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 28,088 28,088 92,667 92,667 Manufacturing 466,210 129,256 595,466 144,751 8,434 153,185 Commerce 146,258 74,226 220,484 83,385 5,998 89,384 Tpt/Stor/Comms 75,872 4,902 80,774 127,663 543 128,206 Finance 26,541 70 26,611 200,147 24 200,171 Construction 56,209 248,051
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      121 8 Stock name Close Change CapitaLand 3.110 +0.190 CapitaMall Trust 1.985 +0.025 CapitaMalls Asia 2.190 +0.385 CityDev 10.310 +0.080 ComfortDelGro 2.030 +0.020 DBS Grp 16.740 +0.110 Genting Sing 1.320 Global Logistic 2.660 +0.090 Golden Agri-Res 0.590 +0.005 HPH Trust USD 0.665 -0.005 HongkongLand USD 6.930 JMH 400
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    • Article, Illustration
      Lock icon US$ rises on stronger Treasury yields
      537 8 CURRENCIES Reuters [LONDON] The dollar climbed against a basket of major currencies yesterday, helped by firmer US Treasury yields, after US retail sales data the day before signalled a brighter outlook for the world’s largest economy. US retail sales recorded their largest gain in
      Reuters; PHOTO: BLOOMBERG  -  537 words
    • Article
      Lock icon RISES
      116 8 BY CENTS CLOSE UP SPDRS S&P 500 10US$ ***** 162.8 0.7 SPDR DJIA 10US$ ***** 141.5 0.7 JMH 400 USD 6180 63.9 0.8 DBXT MSUSA 10US$ 4574 45.1 0.8 UOB.ES.1404 2219 44.0 2.0 HPL 353 40.0 12.8 DBXT AUD Bonds 5AU$ ***** 40.0 0.2 CapitaMalls Asia 219 38.5 21.3
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    • Article
      Lock icon FALLS
      127 8 BY CENTS CLOSE DOWN GLD 10US$ ***** -189.1 -1.2 DBXT iBoxxSvEu 5US$ ***** -159.1 -0.5 Lyxor ThaiSET 10US$ ***** -82.7 -0.5 DBXT FTChina25 10US$ 2779 -81.4 -2.3 DBXT USDIGInfl 5US$ ***** -71.4 -0.2 DBXT FTVietnam 10US$ 2807 -66.4 -1.9 DBXT iBoxxUSTr 5US$ ***** -63.9 -0.2 DBXT AUDCS 5SG$ *****
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      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
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      116 8 II PICKING UP SHARES IS EASY WITH IG" iM E w CHOOSE FROM OVER 6000 GLOBAL SHARE CFDs Trade a wide range of share CFDs from multiple exchanges, or deal directly into the exchange with Direct Market Access, all conveniently on one platform. Find out more at our storefront office
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  • Page 10 Advertisements
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      863 10 InvestorRelationsHighlights First REIT’s 1Q 2014 distribution up 22.3% to S$14.2 million First Real Estate Investment Trust, Singapore’s first healthcare real estate investment trust with properties in Indonesia, Singapore and South Korea, reported a 22.3% rise in distribution to Unitholders to S$14.2m for 1Q 2014. DPU increased 14.4% to 1.99 cents,
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  • Article, Illustration
    Lock icon Being a leader in financial education
    1326 11 SMU has a role to play as a strategic asset of Singapore, says Annie Koh A Special Feature Brought to You By Singapore Management University EVEN after being in academia for the last 25 years, Annie Koh doesn’t believe in sitting still. Not for
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  • Page 11 Advertisements
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      207 11 VERSATILE, BOLD AND ARTICULATE. TRAITS WELL REGARDED BY EMPLO Singapore Management University pioneered a holistic and interactive form of education in Singapore. Our cross-disciplinary, broad-based curriculum, with a strong focus on ethics and social responsibility, will transform you into a versatile and well-rounded graduate. Global exposure through overseas student exchange
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Feb retail sales down 9.5% due to CNY effects
      425 12  -  Seasonally adjusted, retail sales rose 3% in Feb from the previous month By NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT RETAIL sales in February slumped 9.5 per cent year on year, distorted by base effects from the Chinese New Year holidays which took place
      FILE PHOTO  -  425 words
    • Article
      Lock icon Big Data start-up GNosis gets $589,000 funding
      308 12  -  By JACQUELYN CHEOK jaccheok@sph.com.sg @JacCheokBT IN just five months, local Big Data start-up GNosis Analytics has secured $589,000 from venture capital firm Red Dot Ventures and the National Research Foundation (NRF) its first round of funding since it launched in November. GNosis, a
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    • Article, Illustration
      Lock icon Tech veteran Tan Yen Yen joins SAS
      284 12 IT veteran Tan Yen Yen has been appointed regional vice-president and managing director for SAS South Asia Pacific. The business analytics software and services provider said that the appointment took effect yesterday. Ms Tan was formerly a senior vice-president of Oracle and a
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    • Article, Illustration
      Lock icon NTU, dental centre in three-year research tie-up
      368 12  -  By SHEENA TAN tsheena@sph.com.sg ORAL tissue for reconstructive surgery may soon be possible through 3D bioprinting. The process, which uses cells to create human tissue through 3D printing, is a key research collaboration project between Nanyang Technological University (NTU) and the National Dental
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    • Article
      Lock icon Trading firm ex-director fined $1.96m
      382 12  -  By KARA QUEK karaquek@sph.com.sg A FORMER company director has been fined $1.957 million for importing du-ty-unpaid beer and rice wine. The fine is the highest imposed in five years for offences relating to the evasion of duties and goods and services tax (GST) on liquor
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    • Article
      Lock icon Parliament takes break, reconvenes next month
      404 12  -  BY LEE U-WEN |eeuwen@sph.com.sg @LeeUwenBT SINGAPORE is a country in transition as it adjusts to new domestic needs while navigating an uncertain international environment, Prime Minister Lee Hsien Loong said yesterday. He made the point on the day the government announced that Parliament had
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    • Article
      Lock icon Focus on young leaders in cities summit
      331 12  -  B)’ RAPHAEL LIM raph|im@sph.com.sg YOUNG leaders will share the spotlight with industry veterans when Singapore hosts the World Cities Summit (WCS), Singapore International Water Week (SIWW) and CleanEnviro Summit Singapore once again in June. The three biennial events, which will be jointly held
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  • Page 12 Advertisements
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      496 12 >9 WATS NOTICES NOTICE This is to inform that Lim Hwee Lee, NRIC No. SXXXX619Z is no longer in the employment of Altitude Living Pte Ltd with effect from 02 April 2014. She is therefore not authorised to transact any business or collect any monies or accounts on our behalf.
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      52 12 Blow your own trumpet Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 9988 Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline:
      52 words
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  • FUTURE-PROOFING
    • Article, Illustration
      Lock icon The trick is in not fearing change
      1860 13  -  Companies need to embrace new disruptive technologies or risk being left behind, IS YOUR BUSINESS FUTURE-READY? reportsFRANCIS FRANCIS KAN AN executive sitting on an American Airlines flight heard a song being played in the cabin while the plane was on the tarmac getting
      BT Graphics: Sarah Loyola; Source: ACCA and IMA members’ survey  -  1,860 words
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      41 13 ACCA Singapore Annual Conference PROOFING USINESS AND THE ACCA ACCOUNTANCY SECTOR 12 May 2014 Monday 9am 5.30pm 7.5 CPD Units Raffles City Convention Centre Early Bird Fee from SGD $350 www.accaannualconference.sg an d end at 21 Apr 2014 SIGN UP TODAY!
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  • MALAYSIA
    • Article, Illustration
      Lock icon Tenaga to buy solar power from 1MDB
      594 14  -  Utility signs 25-year agreement to purchase electricity from Kedah plant By S JAYASANKARAN in Kuala Lumpur NATIONAL energy utility Tenaga Nasional has signed a 25-year power purchase agreement (PPA) to buy electricity from 1Malaysia Development Berhad’s (1MDB) proposed 50 megawatt solar plant in
      PHOTO: BLOOMBERG  -  594 words
    • Article
      Lock icon Protasco a good proxy for KL’s public spending
      490 14  -  By PAULINE NG in Kuala Lumpur A MALAYSIAN government initiative to build more affordable housing is set to not only benefit home buyers but the companies picked for the construction jobs too. Protasco Bhd is one such company. A small cap with
      490 words
    • Article
      Lock icon Foreign funds see value in Malaysia, Indonesia debt
      440 14 Bloomberg [KUALA LUMPUR] Less than 11 months after then-Federal Reserve chairm a n Ben Bernanke sparked an exodus of funds from South-east Asia by flagging an end to US stimulus, the foreign money is back. Lured by higher yields, renewed fiscal discipline
      Bloomberg  -  440 words
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      498 14 Keppel Telecommunications Transportation Ltd Co Reg No: *****0115G (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE FIRST QUARTER ENDED 31 MARCH 2014 The Directors of Keppel Telecommunications Transportation Ltd advise the following unaudited results of the Group for the first quarter ended 31 March 2014. 1Q 2014
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      143 14 Attention Local Business Owners! Breach our to** 1.3MILLI0N POTENTIAL ■CUSTOMERS FOR FREE! ‘Average monthly visitors on STDirectory STDirectory.sg is offering a two-month free trial for an enhanced online directory business listing package to local businesses. This package includes: COMPANY LOGO COMPANY PROFILE Display your business logo to represent your company's
      143 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Chinese firms using 1,000 tonnes of gold in financing deals: report
      633 15 It shows imports are used to raise funds rather than to meet consumer demand Reuters [SINGAPORE] Chinese firms could have locked up as much as 1,000 tonnes of gold in financing deals, an industry report said, indicating a big
      Reuters; PHOTO: BLOOMBERG  -  633 words
    • Article
      Lock icon India’s WPI hits 3-month high of 5.7% in March
      385 15 Reuters [NEW DELHI] India’s wholesale price inflation hit a three-month high in March, snapping an easing trend that will give the central bank less scope to support the economy amid fresh signs of slowdown. A pick-up in inflation, coupled with a
      Reuters  -  385 words
    • Article
      Lock icon China new credit in March down 19%
      476 15 Bloomberg [BEIJING] China’s broadest measure of new credit fell 19 per cent from a year earlier and money supply grew at the slowest pace since 2001, underscoring risks of a deeper slowdown as the government tries to curb financial dangers. Aggregate financing came
      Bloomberg  -  476 words
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      162 15 Unmask deeper global business truths by going beyond the facades of understanding 32 years of partnership between East and West STANFORD–NUS EXECUTIVE PROGRAM IN INTERNATIONAL MANAGEMENT 16 30 Aug 2014 Immerse in the vibrant cultures of two of the world’s most respected academic institutions. The Stanford–NUS Executive Program, held in
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      120 15 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 o Flexible lease terms from just 1 month VIRTUAL OFFICE Everything but the Office
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  • WORLD
    • Article
      Lock icon Heartbleed bug set to cause Internet turmoil
      617 16 Firms scrambling to repair encryption systems on Web sites at same time WP [WASHINGTON] Efforts to fix the notorious Heartbleed bug threaten to cause major disruptions to the Internet over the next several weeks as companies scramble to repair encryption systems on hundreds
      WP  -  617 words
    • Article
      Lock icon BOJ won’t hesitate to adjust monetary policy: Kuroda
      313 16 On track for 2% price stability goal, BOJ chief says after meeting Abe Bloomberg [TOKYO] Bank of Japan (BOJ) governor Haruhiko Kuroda said he told Prime Minister Shinzo Abe that the central bank won’t hesitate to adjust monetary policy if needed, after
      Bloomberg  -  313 words
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      Lock icon Abe may miss goal of more women in the civil service
      648 16 Target set at 30% of management positions by 2020 Bloomberg [TOKYO] Prime Minister Shinzo Abe will fail to meet his goal of having women in 30 per cent of management positions in the civil service by 2020 unless candidates
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      Lock icon Drug’s patent woes cost US patients dearly
      522 17 Ranbaxy unable to make cheap copies of heart drug Diovan Bloomberg [LONDON] A gap in US patent law has kept cheap copies of Novartis AG’s heart drug Diovan off the market for 18 months, costing US consumers and insurers as much as US$900
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    • Article
      Lock icon Two newspapers bag Pulitzer for Snowden leaks
      202 17 AFP [NEW YORK] The Guardian and The Washington Post won a prestigious Pulitzer Prize on Monday for reporting on secret US surveillance programmes revealed by former National Security Agency (NSA) contractor Edward Snowden. The British and American newspapers shared the award for public
      AFP  -  202 words
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      Lock icon Sanctions on Russia could hurt EU mkts
      610 18 Challenge is to hit Russia where it hurts without threat to Europe recovery Bloomberg [WASHINGTON] The US readiness to impose new economic sanctions on Russia over Ukraine is offset by the European Union’s (EU) reluctance to introduce stronger measures that could threaten its
      Bloomberg  -  610 words
    • Article
      Lock icon Nestle reports slowest Q1 growth since 2009
      448 18 Pricing pressure in Europe, decelerating conditions in emerging markets cited Bloomberg [LONDON] Nestle SA, the world’s largest food company, reported its worst first-quarter sales growth since 2009 on pricing pressure in Europe and decelerating conditions in emerging markets. Sales rose 4.2 per cent
      Bloomberg  -  448 words
    • Article
      Lock icon Yellen prepares Wall Street for more wholesale funding rules
      449 19 New standards do not fully address financial stability concerns: Fed chief Reu ters [NEW YORK] The US Federal Reserve is considering adopting yet more measures to address the remaining stability risks in the short-term wholesale funding markets that seized during the
      Reuters  -  449 words
    • Article
      Lock icon March CPI up due to costlier food, rentals
      296 19 LATEST US DATA Reuters [WASHINGTON] US consumer prices rose slightly more than expected in March, suggesting a disinflationary trend had run its course. While the increase last month should allay concerns among some Federal Reserve officials that inflation was too tame, price
      Reuters  -  296 words
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      Lock icon Rare Stradivarius viola going for US$45m
      170 19 [PARIS] A rare Stradivarius viola valued at US$45 million (S$56.3 million) could become the most expensive musical instrument ever sold when it is auctioned later this year. Auction house Sotheby’s has invited sealed bids to be received by June 26 for the nearly 300-year-old
      PHOTO: AFP  -  170 words
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      Lock icon Biggest banks face tougher limits on lending
      341 19 Basel committee overhauls so-called large-exposure rules Bloomberg [BRUSSELS] Banks identified as systemically important to the global economy face tighter rules on how much business they can do with each other as part of a push to limit the chance a single failure would
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    • Article
      Lock icon European banking union reforms get green light
      271 19 AFP Bloomberg [STRASBOURG] The European Parliament approved yesterday the last elements of a new set of rules to prevent failing banks from ever again driving European Union states into bankruptcy. It also approved a bill that requires 8 per cent of a failing
      AFP; Bloomberg  -  271 words
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      66 16 If CO CO u CO Qu CJ) CD CO CO o ■c H Co At CD 1 > 4 e Do big fish always eat small fish? Will tiny ripples make huge waves? Understanding is key to winning the business game. Mastering the rules demand 360°-perspectives. Make sense of market
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      1306 17 Keppel Land Limited (Incorporated in Singapore) (Co. Reg. No.: *****0001G) 1. UNAUDITED RESULTS FOR THE FIRST QUARTER ENDED 31 MARCH 2014 The Directors of Keppel Land Limited announce the following unaudited results of the Group for the first quarter ended 31 March 2014: First Quarter Note 31.03.14 31.03.13 $’000 $’000
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      1303 18 AT3 NOTICES REVISED ANNICA HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4025N) 9 Temasek Boulevard #41-01 Suntec Tower 2 Singapore *****9 Tel: *****123 Fax: *****480 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (the “AGM”) of the Company will be
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      286 18 Ref: IAS/MIS/2014/587 Date: 10th April 2014 CALL FOR EXPRESSION OF INTEREST (EOI) TO DEVELOP A TOURIST RESORT AT THAA ATOLL RUHTHIBIRAH, REPUBLIC OF MALDIVES Island Aviation Services Limited, a limited liability company duly incorporated under the laws of Republic of Maldives, having its principal place of business at 26, Ameer
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      105 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF KODAK GRAPHIC COMMUNICATIONS ASIA PACIFIC PTE. LTD. (IN MEMBER'S VOLUNTARY LIQUIDATION! (Company Registration No, 1998Q1214N) NOTICE OF MEMBER'S VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of Member of the abovenamed company
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      232 18 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 MOCEAN SHIPPING PTE. LTD. Company Registration No. *****9495M (In Members’ Voluntary Liquidation) FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act, Cap. 50 that the
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      0 18 $$@+$\[?`;}<~$>}$_]$-:|,,?]/~%`
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      701 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SICAP ASIA PACIFIC PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****3047G) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of Sicap Asia Pacific Pte. Ltd. duly convened and held on the 8th day of
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      278 19 CommendYour Deserving Administrative Professionals 21 25 April 2014 Show appreciation to your capable assistants this Administrative Professionals’ week from 21 to 25 April. Turn the tables and schedule them in for a well-deserved pampering lunch at Equinox Restaurant or Café Swiss. Café Swiss Swiss and Asian buffet lunch $45++ per
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  • EDITORIAL & OPINION
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      Lock icon Local market languishes with privatisations
      508 20 EDITORIAL IT is only April, but with the privatisation of CapitaMalls Asia, Singapore Land and a cash offer for Hotel Properties Limited, the Singapore market is losing some major property plays. Furthermore, a slew of other solid companies, especially in the exciting food and beverage
      508 words
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      Lock icon China’s bid to split Europe, US is likely to be difficult
      809 20  - China’s bid to split Europe US is likely to be difficult THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 PRESIDENT Xi Jinping’s proposal that China and the European Union (EU) explore a free trade agreement (FTA) is a sign
      809 words
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      Lock icon Branding across platforms must show consistency
      834 20  -  CEOs need branding agencies that can manage integrated brand operations By FRANK BAUER The writer is chief executive officer ofJWT Singapore. THE CEO of a major multinational company told me that he recently had an alarming epiphany that “hit me like a bullet train”
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      Lock icon Market sell-off: seeing the bigger picture
      768 21  -  The slide on Wall Street appears to be less about eroding fundamentals and more about the maturity of the bull market By KRISTINA HOOPER The writer is head of US capital markets research strategy at Allianz Global Investors. THE sharp pullback in the stock
      PHOTO: REUTERS  -  768 words
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      Lock icon Politics threatening Spain’s recovery
      931 21  -  REUTERS BREAKINGVIEWS By HUGO DIXON SPAIN’S recovery is clouded by politics. Mariano Rajoy has achieved a lot in the two years that he has been prime minister. Growth has finally returned; even unemployment is falling. But as the country enters a new electoral cycle, the appetite
      931 words
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      Lock icon Review our penalties for corporate misconduct
      274 21 LETTER TO THE EDITOR IT is heartening to learn that the regulators are making directors more accountable by increasing the sanctions for directors who breach basic statutory requirements (“Stiffer penalties for directors in tax, AGM cases”, BT, April 15). As noted, these statutory requirements
      274 words
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      Lock icon Dawn of a virtual sweatshop economy?
      832 21  -  J BRADFORD DELONG The writer, a former deputy assistant secretary of the US Treasury, is Professor of Economics at the University of California at Berkeley and a research associate at the Na tional Bureau of Economic Research Project Syndicate [BERKELEY] THE economist Suresh Naidu
      – Project Syndicate  -  832 words
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  • Transport HUB
    • Article
      Lock icon Duty bound to help abandoned sailors
      876 22  -  While amendments to the Maritime Labour Convention, 2006 cover abandonment, flag states should play their part too STRAIT TALK By DAVID HUGHES NLESS the situation has changed radically, the Panamani-an-flag B Ladybug, a 27,003-dwt vehicle carrier managed from Singapore, remains adrift off the coast
      876 words
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      Lock icon Port, railway managers’ bonds are best performers in Australia
      629 22 Bloomberg [SYDNEY] Companies managing ports, railways and roads are 2014’s best Australian corporate debt performers as investors seek higher-yielding alternatives to sovereign debt that can also withstand bouts of economic weakness. Notes from Port of Brisbane Pty and rail-freight operator Aurizon
      Bloomberg; PHOTO: BLOOMBERG  -  629 words
    • Article
      Lock icon Shipping alliance opposes Miami soccer arena plan
      457 22 Reuters [MIAMI] An alliance of shipping interests and a billionaire car dealer launched a newspaper ad on Monday protesting retired English soccer star David Beckham’s plans for a soccer arena at the port of Miami, saying that it threatens the city’s plans to
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    • Article
      Lock icon TRANSPORT STOCKS
      242 22 SGX '000 Apr 15 S$ +/-Vol Ch Offshore '000 Chuan Hup Hldg 0.26 unch 137 s$ Cwt Limited 1.50 unch 397 Vol First Ship Lea Grand Banks...............0.23 unch 858 Jaya Hold Ltd 0.78 0.01 44 K1Ventures 0.20 unch 2200 Keppel Corp 11.14 -0.03 3691 Mercator Lines............0.11 unch 106
      242 words
    • TRANSPORT HUB: AVIATION
      • Article, Illustration
        Lock icon Asia airlines hedging major part of fuel use
        718 23 They expect prices to hold firm, partly because of Ukraine crisis Reuters [SINGAPORE] Top Asian airlines are hedging a substantial portion of their jet fuel usage this year, a Reuters survey showed, signalling they expect prices of the fuel to be firm
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        Lock icon SIA‘s March passenger load factor fall to 75%
        300 23  -  By NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT SINGAPORE Airlines’ (SIA) passenger load factor fell 4.3 percentage points to 75 per cent last month, as passenger carriage declined and capacity remained flat. SIA’s systemwide passenger carriage (measured in revenue passenger kilometres) was down 5.4 per
        PHOTO: ALPHONSUS CHERN/THE STRAITS TIMES  -  300 words
      • Article
        Lock icon Sydney to get second airport after 50-year wait
        677 23 Reuters [SYDNEY] Australia has approved a US$2.4 billion project to build a long-awaited second airport for Sydney, likely boosting near-term investment and jobs in a bet that the city’s air travel demand will grow enough to justify a surge in terminal capacity.
        Reuters  -  677 words
      • Article
        Lock icon Undersea drone used to find MH370
        648 23 It could take up to 2 months to scour a 600 sq km area Reuters [PERTH] A US Navy underwater drone sent to search for a missing Malaysian jetliner on the floor of the Indian Ocean could take up to two months to scour
        Reuters  -  648 words
    • TRANSPORT HUB: LAND
      • Article
        Lock icon Singapore goods vehicle market gets govt boost
        544 24  -  Enhanced Early Turnover Scheme a boon for commercial vehicle dealers By SAMUEL EE samuelee@sph.com.sg THE enhancement of the Early Turnover Scheme (ETS) to encourage the replacement of old commercial diesel vehicles with new Euro 5 ones has been so successful that dealers are
        544 words
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        Lock icon Maserati reinvention to rival Porsche
        949 24 Fiat Chrysler wants it to be a formidable source of profits Reuters [MILAN] As Fiat Chrysler moves to reinvent its small Maserati brand as a serious rival to the world’s luxury car makers, the pressure to succeed is all the greater for the startling success
        Reuters; PHOTO: AFP  -  949 words
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      102 22 Food Services v in Asia 2014^ 23-25 June 2014 Suntec Convention Exhibition Centre, Singapore Attention To: Operations Directors Executive Chefs Dietiticans Nutritionists F&B Catering Managers Food Service Professionals V We are planning the following activities for you Interactive sessions on food labelling and food-drug interaction Workshop on food aesthetics Workshop
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      31 22 HOW ARE YOU LIVING THE NEW YEAR? DO ONE RANDOM ACT OF KINDNESS DAILY LOVE MORE TRY SOMETHING NEW EVERYDAY SPEND MORE TIME WITH MUM BE A BETTER LISTENER KISS MORE
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      238 23 Jt SHARElNVESTOR|«Vfljldijr Critical Financial Ratios It is risky to invest in stocks without having any prior knowledge on the financial health of the companies. Such risky investments may result in a fast erosion of your investment capital. Knowing the financial health and profitability is essential before you start on any
      238 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      337 23 CRYPTIC CROSSWORD Across 1 Spike drink given to one politician (6) 5 Approaches after work, dismissing fine for disputes (8) 9 Dishonesty from keen doctors? (5,8) 10 Cut charge by £1? (8) 11 A good hotel welcomed by supporter from an Asian country (6) 12 Irishman wearing a coat? (6)
      337 words
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      130 24 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 SS9Z BUCKET LIST S 1 0 A m (to oh wo US as r 0 6 a fra.Ya. irkoK Jt U i
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  • Article
    Lock icon SHIPPING TIMES
    2333 25 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
    2,333 words
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      126 26 mporters coking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II 1 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES
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      18 26 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      4400 27 Transaction date: Apr 15 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 20 3.3 A-Sonic Aero 10.2 -0.1 1582 10.3 10.2 10.2 10.3 2.6 1.7 23.2 73 13.6 10.4 8Telecom Day
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      Lock icon SGX CATALIST
      324 28 52-wks Last Vol Week 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 Week Last Quote Div Gr Yld Net M Cap 1.9 0.9 t Advanced Systems 1 unch 1850 1
      324 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11636 28 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 Asian Smaller cos'” 1 9342/ EM Local Ccy Bond EM local Ccy Bond European Opportunities! Global Emerging Markets!** Global Opportunities/ Global Technology India Opportunities!
      11,636 words
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      Lock icon GLOBALQUOTE
      262 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 62 34.4 AVJennings A58 -4 4 58 58 58.5 60 3.6 6 4.7 214.7 52 35.5 Genting HK US$ US39 -0.5 3986 39.5 39 39 39.5 2568
      262 words
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      Lock icon SGX ETF
      1096 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 121 108.3 ABF SG Bond ETF 114 +0.5 8 114 114 113.5 114.1 520.4 143 119 CIMB APAC Div 100S$D 129 -0.4 129 129 127.7 130.2
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      653 29 Apr 15 Apr OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.75 *****.86 *****.17 Jun14 *****.00 *****.00 *****.00 *****.00 ***** *****6 Sep14 *****.00 *****.00 *****.00 *****.00 2 8602 MSCI TAIWAN INDEX FUTURES SPOT 316.81 317.51 316.18 Apr14 315.10 317.60 315.00 317.10 ***** *****1 May14
      653 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 29 In local curr In S$ In US$ dy yr dy yr dy yr Apr 14 Index Change Change Change Change Change Change World Preliminary 1168.1 0.6 -1.4 0.8 -1.7 0.5 -0.9 EAFE Preliminary 931.1 0.1 -2.6 0.1 -2.0 -0.2 -1.2 Europe Preliminary 1356.6 0.3 0.1
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 29 Apr 15 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.032 5.843 0.681 7.282 56.635 107.420 0.956 9.781 3.050 1.086 90.182 41.783 1.177 9.885 0.828 28.350 30.325 0.562 0.939 Canada 0.969 5.659
      471 words
    • Article
      Lock icon CHICAGO BOT
      110 29 Apr 14 Apr SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 14 1476.25 1463.00 1478.00 1461.25 Jul 14 1463.50 1447.25 1464.50 1444.75 Aug 14 1392.25 1379.00 1392.75 1378.75 Sep 14 1277.00 1267.75 1277.25 1267.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 29 CRUDE OIL PRODUCTS Apr 14 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.08 0.34 WTI (Near Mth) 103.65 0.12 Dubai (1-Mth F) 104.33 0.38 Tapis blend 111.76 0.66 Minas 109.06 0.66 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.61 1.44 Jet Kerosene 120.66 1.28 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      23 29 Apr 15 Apr s$ Bid Offer 1-month 1.2526 1.2536 2-months 1.2525 1.2536 3-months 1.2525 1.2535 6-months 1.2523 1.2533 Source: OCBC
      23 words
    • Article
      Lock icon LONDON METALS
      66 29 Apr-14 Apr-14 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1844.00 1848.00 3 months 1882.00 1884.00 Copper, Grade A(US$/tonne) Cash 6661.75 6664.50 3 months 6667.00 6670.00 Lead(US$/tonne) Cash 2098.75 2080.00 3 months 2121.00 2099.00 Nickel (US$/tonne) Cash *****.00 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon SIBOR
      29 29 Apr 15 (S$) 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
      78 29 Apr 15 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****T 31-Oct-14 0.32 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.32 5-Year NX*****W 2.5 01-Jun-19 105.36 10-Year NX*****H 2.750 01-Jul-23 102.71 102.75 102.70 15-Year
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    • Article
      Lock icon PRECIOUS METALS
      141 29 Apr 15 GOLD(US$/oz) Apr 15 Apr 14 Hong Kong 1323.00 1329.00 Apr 14 Apr 11 London 1328.43 1318.10 1329.15 1318.40 Source: Thomson Reuters Source: Thomson Reuters CAST BAR Apr 15 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 79 50 5gm 316 261
      141 words
    • Article
      Lock icon PALM OIL
      57 29 Apr 15 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 14 2660.0 2680.0 2670.0 2660.0 16 1263 May 14 2653.0 2692.0 2697.0 2653.0 937 7487 Jun 14 2620.0 2663.0 2669.0 2620.0 ***** ***** Jul 14 2605.0 2647.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 29 Apr 15 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1761 1.1776 0.9389 0.9394 Canadian dollar 1.1392 1.1406 0.9098 0.9095 Euro 1.7282 1.7301 1.3797 1.3801 NZ dollar 1.0829 1.0841 0.8645 0.8648 Sterling pound 2.0913 2.0935
      157 words
    • Article
      Lock icon LIFFE
      94 29 Apr 14 COCOA (£/tonne) Close Prev High Low May 14 1870 1876 1872 1865 Jul 14 1878 1884 1879 1871 Sep 14 1879 1884 1880 1872 Dec 14 1870 1876 1871 1864 COFFEE(US$/tonne) Close Prev High Low May 14 2132 2141 2150 2111 Jul14 2134 2142 2153 2109 Sep
      94 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1084 29 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 0.3 1 96 0.55 51 Asia-Pacific Strategic W*****6 Ratio Exer Albedo Limited W*****9 Prem Asiatic Grp(Hldgs) Ltd W*****5 2.2 unch 700 0.0 2 17 Asiatravel.com HoldingsW*****7 3
      1,084 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      122 29 As at 9am Apr 15 Apr Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.208 1.151 Can dollar 1.164 1.120 Euro 1.773 1.689 Sterling pound 2.137 2.055 NZ dollar 1.114 1.072 US dollar 1.279 1.219 Local dollars to 100 units of
      122 words
    • Article
      Lock icon INTERBANK RATES
      158 29 Apr 15 Apr $S Offer Bid 0vernight 0.05 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.05 US$ 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
      158 words
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  • executive Money
    • Article, Illustration
      Lock icon Earnings growth the X factor for Asia
      834 30  -  A gradual pick-up in the region’s growth next year is expected to increase the value of equities by double digits JUERG ZELTNER The writer is UBS chief executive officer for wealth management THE past two years have been outstanding from the perspective of
      834 words
    • Article
      Lock icon Pimco flexible bond funds trail majority of peers, rivals
      542 30 Bloomberg [BOSTON] Bill Gross just can’t catch a break. As investors flock to funds designed to make money even if interest rates increase, Mr Gross’s Pacific Investment Management Co (Pimco) is alone among the biggest bond managers in suffering withdrawals from
      Bloomberg  -  542 words
    • Article, Illustration
      Lock icon Managing spending during retirement
      1377 31  -  The key to a successful retirement plan is controlling expenses By PAUL SULLIVAN NYT DVISERS put a considerable amount of effort into talking to clients about accumulating their life savings. But advisers and their clients tend to devote less thought as to how to spend that
      NYT; FILE PHOTO  -  1,377 words
  • Page 30 Advertisements
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      683 30 an I* r-r ■B 5*U >t-in-m 8: rr i iZ s:: Jit r< ..8* rA special Feature brought to you by -gft STPROPERTY.sg The Draft Master Plan What do agents, developers investors need to know? How will the market perform in the near future? Real Estate Professionals, earn 2 Non-Core
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      129 31 MY DOLLAR WORKS HARDERTRADING SHARE CFDs WITH IG" .9987 12 IS o 0 r OT7 y TRADE MORE WITH 0.1% COMMISSION AND MARGINS FROM 10% Use Contracts for Difference (CFDs) to trade on thousands of shares, whether they're rising or falling. Leverage your trades with our low margin rates to
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      868 32 It’s SPH’s 30th anniversary! Celebrate with us and you could be one of our 30 lucky winners. All you need to do is to enter our lucky draw now. If you are a direct subscriber of SPH newspapers, you get 5 chances to win! Hurry, contest ends on 18 May
      868 words