The Business Times, 22 April 2014

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Microfilm: NL33110
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Tuesday, April 22, 2014
    25 words
  • Article, Illustration
    Lock icon Sembcorp revives property unit
    748 1  -  It will develop homes in group’s industrial parks By LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT [SINGAPORE] Sembcorp Industries is reactivating Sembcorp Properties, a dormant subsidiary which developed condominiums in Singapore a decade ago, with a new strategy to develop residential and commercial properties in its existing industrial parks,
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  • Article
    Lock icon Japan’s March trade gap swells to biggest-ever 1.45 trillion yen
    669 1  -  Trade deficit for fiscal 2012/13 grows 69% to 13.75 trillion yen BY ANTHONY ROWLEY in Tokyo JAPAN’S trade deficit with the rest of the world hit its worst-ever level in March, while the deficit for the fiscal year as a
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,255.83 (+2.03) GST INDEX FUTURES 3,226.00 (+1.00) HSIMSCI 368.78 (-0.16) HSIMSCI FUTURES 365.70 (-0.70) US$ S$ US$ (S$ per US$) 1.252 (US$/S$ per 1.681 2.106 EURO (US$/S$/€ 1.382 1.731 Foreign currency per US$ S$ YEN 102.50 81.90 RM 3.250 2.595 HK$ 7.753 6.191 BAHT 32.24 25.74 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Monday Change KL COMP 1,862.93 +10.24 NIKKEI 225 14,512.38 -3.89 HANG SENG 22,760.24 +64.23 SET INDEX 1,413.07 +3.89 JAKARTA COMP 4,892.29 -4.76 MANILA COMP 6,767.51 +96.33 SEOUL COMP 1,999.22 -5.06 SHENZHEN B 837.87 -6.88 MUMBAI IND 22,764.83 +135.99 12noon EDT Change DOW 16,434.00 +25.46 NASDAQ 4,111.34 +15.82
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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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      107 1 EMERGING ENTERPRISE Get charming, not defensive: Acorn’s country business manager page 13 SME INC What drives SMC Food 21 PAGE 12 ASIAN LEADERS Chotipat Bijananda, adviser to Thailand’s TCC Group PAGE 9 SQ322’s tyre deflation no compromise to safety: SIA SQ322 forced to fly back to Changi Airport on Saturday
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      9 1 8 M 8 8 7 1 8 1 "*****4
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  • TOP STORIES
    • Article
      Lock icon Is internal audit losing value?
      650 2  -  55% of senior managers worldwide say internal audit doesn’t add much value: poll B)’. MICHELLE QUAH michquah@sph.com.sg @Miche||eQuahBT [SINGAPORE] Internal audit long considered a must-have function within an organisation is losing its value, with over half of senior managers around the world saying they feel
      650 words
    • Article, Illustration
      Lock icon Riau’s economic loss from forest fires in March hits 20t rupiah
      618 2  -  500b rupiah set aside to fight blazes in May-Aug period BY JEFFREY HUTTON in Jakarta THE loss to local businesses and incomes from forest fires so far this year, which have largely been concentrated on the island of Sumatra,
      PHOTO: AFP  -  618 words
    • Article
      Lock icon Index of leading indicators up 0.8% in March
      423 2 Economy set to strengthen after harsh winter LATEST US DATA Bloomb erg [WASHINGTON] The index of US leading indicators increased in March by the most in four months, a sign that economic expansion will strengthen following harsh winter weather. The Conference Board’s
      Bloomberg  -  423 words
    • Article, Illustration
      Lock icon SQ322’s tyre deflation no compromise to safety: SIA
      352 2  -  Plane’s tyres designed to deflate at certain brake temperature By NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT [SINGAPORE] Singapore Airlines (SIA) has clarified that there was no compromise in safety after SQ322 was forced to fly back to Changi Airport on Saturday following a problem
      PHOTO: AVIATION HERALD WEBSITE  -  352 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      325 2 Sembcorp revives property unit SEMBCORP Industries is reactivating Sembcorp Properties to develop residential and commercial projects in its parks, starting with China. FRONT PAGE Japan’s March trade gap swells JAPAN’S trade deficit with the rest of the world hit its worst-ever level in March, while the deficit for
      325 words
    • Article, Illustration
      Lock icon Rising global food prices a low inflation risk, says HSBC
      504 4  -  Cost of staples still steady, even as FAO index hits highest level since last May By ANDREA SOH sandrea@sph.com.sg @AndreaSohBT [SINGAPORE] Rising food prices might make headlines, but the risk to inflation is still low, according to HSBC. The cost
      BT Graphics: Ludwig Ilio; Source: CEIC, HSBC  -  504 words
    • Article, Illustration
      Lock icon StanChart goes the whole distance for Singapore marathon
      432 4  -  Bank extends sponsorship for three years with the deal value rising to $10.5m By LEE U-WEN leeuwen@sph.com.sg @LeeUwenBT [SINGAPORE] Twelve years after it first started sponsoring the annual Singapore Marathon, Standard Chartered Bank said it would extend its association with the popular
      PHOTO: MATTHIAS HO/THE STRAITS TIMES  -  432 words
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      169 3 MORE SPACE. ALL LUXURY. THE NEW LEXUS ES. THE ESSENCE OF LUXURY. Experience absolute comfort anywhere you go with the new Lexus ES, even on long drives or busy roads, The world s best-selling Lexus sedan brings you class-leading spacious interior our competitors can only dream of, With a feature-rich
      169 words
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  • COMPANY NEWS
    • Article
      Lock icon Transcu signs RTO deal with Straits Construction
      565 5  -  Purchase amount will be between $325m and $338m By CAI HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT STRUGGLING watchlisted biotech firm Transcu Group was heavily traded yesterday on news that it had moved ahead with plans for contractor Straits Construction to do a reverse takeover (RTO) of
      565 words
    • Article, Illustration
      Lock icon Premature to define areas of tie-up with Ezion: AusGroup
      404 5  -  By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT AUSTRALIA-BASED offshore marine services provider AusGroup will provide initial help to Ezion Holdings to develop its capabilities, but the scope of their collaboration beyond that is preliminary and unclear. Speaking to The Business Times, AusGroup CEO
      404 words
    • Article
      Lock icon Scibois deal no panacea for JES’s troubles
      663 5  -  HOCK LOCK SIEW By ANDREA SOH sandrea@sph.com.sg @AndreaSohBT IS IT for real this time? Many in the market are now wondering just that, after Chinese shipbuilder JES International made a U-turn on an earlier mining investment, and decided that it might have better
      663 words
    • Article
      Lock icon Pteris owners urged not to jeopardise RTO deal
      409 5  -  By JAIRA KOH jairakoh@sph.com.sg THE contentious proposed reverse takeover (RTO) offers Pteris Global synergy with and the size of its target’s parent company, so shareholders should not jeopardise the deal with their votes before all the details are available, said Pteris’s board
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      11 5 blBI i news.omy.sg Buzz Talk »3® sn? as rw s a
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      95 5 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
      95 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Not an egg-citing Easter for STI
      643 6  -  Prices hardly budge, with volume a poor 1.7 billion units worth $766.3 million STOCKS R SIVANITHY sivan@sph.com.sg @RSivanithyBT Senior Correspondent THE closure of Hong Kong for Easter Monday made for a listless and largely featureless session for the local stock market yesterday, which meant
      Source: Bloomberg  -  643 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 6 Apr 21 VALUE CLOSE BT OB/OS -6.00 -67.00 BT CADI -*****.00 -45.00 BT 10-day MA -*****.00 -1.00 FTSE ST Mid Cap 750.00 -1.67 FTSE ST Small Cap 547.27 -0.51 FTSE ST All Share 790.39 +0.03 FTSE ST China Top 201.64 -0.46 FTSE ST China 230.61 -0.09 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      62 6 VOLUME Transcu Grp 308,748,000 Albedo 110,793,000 Charisma Energy 100,552,000 CCM Group W*****0 90,358,000 HanKore Env 74,333,000 CCM 56,899,000 Federal Int 49,173,000 Armarda 47,327,000 APAC Strategic R 46,946,000 Memstar Tech 39,363,000 VALUE($) CapitaMalls Asia 64,038,140 Keppel Corp 37,803,140 OCBC Bank 36,452,430 CapitaLand 33,781,270 DBS Grp 27,434,437 SingTel 27,081,156
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 4 4 0 0 0 6 4 4 Manufacturing 38 60 35 5 6 9 43 66 44 Commerce 18 22 20 3 6 4 21 28 24 Tpt/Stor/Comms 15 14 12
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      870 6  -  Compiled by JOYCE HOOI CapitaCommercial Trust Apr 21 close: $1.595 OCBC INVESTMENT RESEARCH, Apr 21 Q1 2014 distributable income increased 7.6 per cent to $59.9 million, mostly due to stronger contributions from portfolio assets and lower interest expenses. Q1 figures were mostly within expectations and YTD distributable income
      Source: Bloomberg  -  870 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 22,358 22,358 66,537 66,537 Manufacturing 166,837 71,503 238,340 57,251 5,788 63,039 Commerce 123,292 166,659 289,951 48,177 10,209 58,386 Tpt/Stor/Comms 59,620 7,168 66,788 75,218 849 76,067 Finance 14,662 573 15,235 94,208 164 94,372 Construction 54,378 164,378
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      122 6 Stock name Close Change CapitaLand 3.210 +0.030 CapitaMall Trust 1.990 -0.020 CapitaMalls Asia 2.190 CityDev 10.54 +0.120 ComfortDelGro 2.070 +0.020 DBS Grp 16.86 -0.040 Genting Sing 1.330 +0.015 Global Logistic 2.730 -0.030 Golden Agri-Res 0.605 -0.005 HPH Trust USD 0.680 +0.005 HongkongLand USD 6.870 +0.020 JMH
      122 words
    • Article, Illustration
      Lock icon Yen drops as trade deficit widens in March
      611 6 CURRENCIES Bloomberg [TOKYO] The yen fell versus 15 of its 16 major peers after a report showed that Japan’s trade deficit widened more than forecast last month. The dollar held its biggest weekly advances in a month versus the yen and the
      Bloomberg; PHOTO: BLOOMBERG  -  611 words
    • Article
      Lock icon RISES
      117 6 BY CENTS CLOSE UP Lyxor ThaiSET 10US$ ***** 209.1 1.3 SPDRS S&P 500 10US$ ***** 135.3 0.6 DBXT Nifty 10US$ ***** 92.7 0.6 DBXT USDIGInfl 5US$ ***** 92.7 0.3 SPDR DJIA 10US$ ***** 71.4 0.3 Lyxor Indonesia10US$ 9005 55.1 0.5 DBXT MSKorea 10US$ 6379 45.1 0.6 DBXT MSUSA 10US$
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    • Article
      Lock icon FALLS
      129 6 BY CENTS CLOSE DOWN DBXT iBoxxSvEu 5US$ ***** -205.4 -0.6 GLD 10US$ ***** -135.2 -0.9 DBXT FTVietnam 10US$ 2646 -125.2 -3.6 DBXT AUDCS 5US$ ***** -85.2 -0.3 DBXT iBoxxUSTr 5US$ ***** -72.6 -0.3 DBXT EONIA 5US$ ***** -31.3 -0.1 DBXT S&P Short 10US$ 2540 -20.0 -0.6 DBXT iBoxxSing 5SG$
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      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
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  • COMPANY NEWS
    • Article
      Lock icon Ascendas Reit posts Q4 DPU of 3.55 cents
      528 7  -  It enjoyed a $131m revaluation gain for its 105 properties By LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT ASCENDAS Reit posted a distribution per unit (DPU) of 3.55 cents for its fourth quarter ended March 31, 2014, a 16 per cent increase from 3.06 cents
      528 words
    • Article
      Lock icon MLT Q4 DPU up 9.2% at 1.89 cents
      453 7  -  By LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT MAPLETREE Logistics Trust posted a distribution per unit (DPU) of 1.89 cents for its fourth quarter ended March 31, 2014, up 9.2 per cent from 1.73 cents a year earlier. This will be paid on May 30,
      453 words
    • Article
      Lock icon MGCCT beats own income prediction for Q4
      296 7  -  By KENNETH LIM kenlim@sph.com.sg @KennethLimBT MAPLETREE Greater China Commercial Trust (MGCCT) said distributable income per unit rose to 1.587 cents in the fiscal fourth quarter, beating its own forecast by 15.9 per cent. The real estate investment trust plans to distribute 3.099 cents
      296 words
    • COMPANY BRIEFS
      • Article
        Lock icon Food Empire expects net loss for Q1
        60 7 INSTANT coffee mix maker Food Empire Holdings warned that it expected a net loss for the first quarter ended March 31, 2014, because of the unrest between Russia and Ukraine, two of the group’s key markets. The unrest has hit both countries’ currencies
        60 words
      • Article
        Lock icon Chemoil to suspend shares after May 2
        71 7 SHARES in marine fuel supplier Chemoil Energy will be suspended after the close of trading on May 2 following the successful privatisation bid by a unit of diversified mining giant Glencore Xstrata. Glencore’s Singfuel Investment unit, which is offering 40 US cents per
        71 words
      • Article
        Lock icon Cosco yards win deals worth US$100m
        46 7 SHIPBUILDER Cosco Corp said two of its jointly owned yards had clinched US$100 million of contracts to build four emergency response, rescue and field support vessels and two platform supply vessels, all for delivery in the first half of 2016.
        46 words
      • Article
        Lock icon Rowsley gets nod to build Iskandar condo
        39 7 DEVELOPER Rowsley has obtained a regulatory nod to develop its first residential development in the Iskandar region in Malaysia. The SKIES project will comprise two 75-storey towers with some 500 apartments each.
        39 words
    • Article, Illustration
      Lock icon Grand Banks makes sale of luxury yacht
      268 8  -  Buyer is David Loh, owner of local logistics company KME Transport By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT GRAND Banks Yacht confirmed yesterday that it has sold a luxury yacht to David Loh, owner of local logistics company KME Transport and a resident of Sentosa
      268 words
    • Article
      Lock icon CMA shareholders should stand their ground against ‘fair offer’
      1127 8  -  CMA is a cash cow and is worth much more than that ANALYSIS By MICHAEL DEE The writer is the form er regional CEO for Morgan Stanley and senior managing director for Temasek Holdings. He has no position or economic interest
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      166 7 Kim Fournais, Co-CEO Co-Founder 22:25 London, UK A twenty year journey. A number one platform. In 1992, two Danish entrepreneurs set out to create the world’s leading trading platform. Using state of the art technology, the idea was to establish Saxo Bank, parent company of Saxo Capital Markets, as the
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      135 8 mm i 9 I M WV.W FM bsv'mIM IOSS92 ira •t y < one p/ace I «$oM A// thegr^otsongsm it Cl M V .7 i V w v 5592 BUCKET LIST S 1 [2 6*0 oh (K US as r 0 6 a luaratloi'v 1 >7 i ,.b" 0 1
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  • ASIAN LEADERS
    • Article, Illustration
      Lock icon Making all the right deals
      1418 9  -  Chotipat Bijananda, ‘the in-house investment banker’ of Thai conglomerate TCC, is helping the group to become a global player, reports FRANCIS KAN reports FRANCIS KAN WHEN Chotipat Bijananda was newly married to the daughter of Charoen Sirivadhanabhakdi, the founder of the Thai conglomerate TCC Group
      ARTHUR LEE  -  1,418 words
  • Page 9 Advertisements
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      86 9 £r\JZAM ]?ou^K j/\ 0-0 S D&Op/'Z' 'j~tf fty&sns). Ou4S>, iajo t4< for you. CjouU uso. Lawrence Lua Managing Director Head of Private Bank South and Southeast Asia Best Local Private Bank, Singapore 2014, Euromoney Best Private Bank, Singapore 2013 Professional Wealth Management/The Banker Start a conversation with us at +65
      86 words
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  • SINGAPORE NEWS
    • Article
      Lock icon A*Star rolls out simplified licensing initiatives
      459 10  -  It will also integrate image recognition into Jurong Point’s mobile app By MINDY TAN tanmindy@sph.com.sg @MindyTanBT A*STAR unveiled a series of simplified licensing initiatives at its inaugural A*Star SME day yesterday. The research institute also signed an agreement to integrate image recognition technology into
      459 words
    • Article, Illustration
      Lock icon FNA receives investment from Temasek unit
      480 10  -  By RAPHAEL LIM raphlim@sph.com.sg FNA Group International, owner of chocolate boutique chain The Cocoa Trees, has received an investment from Temasek Holdings unit Heliconia Capital Management. The value of the investment was not disclosed, but Heliconia CEO Derek Lau told The Business Times that
      FILE PHOTO  -  480 words
    • Article
      Lock icon Credit card market further saturated: CBS
      405 10  -  Number of new customers drops, spending pace slows By CAI HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT A SLEW of statistics released by Credit Bureau Singapore (CBS) yesterday pointed to an increasingly saturated credit card market in the city-state. The number of customers who got a new credit
      405 words
    • Article
      Lock icon Phillip Overmyer steps down as SICC CEO
      552 10  -  He is retiring as part of business body’s planned succession By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT PHILLIP Overmyer, the long-serving chief executive of the Singapore International Chamber of Commerce (SICC), will be stepping down from his position with immediate effect. The business association said
      552 words
    • Article
      Lock icon Thomson, Eastern Region Lines contracts awarded
      252 10  -  By Angela Tan angelat@sph.com.sg SINGAPORE’S Land Transport Authority (LTA) has awarded civil as well as electrical and mechanical contracts for the Thomson and Eastern Region Lines worth almost $1.15 billion. The contracts include the construction of Mt Pleasant, Stevens and Maxwell stations; and communications
      252 words
    • Article
      Lock icon Elderly ‘financially not prepared’ for healthcare needs
      499 10  -  56% of those aged 60-70 don’t have critical illness plan By LISABELLE TAN lisatan@sph.com.sg ELDERLY Singaporeans are financially unprepared for critical illnesses in the future, even though they are coping with existing health conditions now, a survey has found. The AIA Health Matters
      499 words
  • Page 10 Advertisements
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      90 10 Real Estate Show Myanmar 2014 Urban Development Conference 2014 25 28 May 2014 Traders Hotel Yangon, Myanmar EVENT HIGHLIGHTS 3 days of cutting-edge content Firsthand insights into Myanmar’s urban development plans Investment and partnership opportunities Co-located with Myanmar Development Conference 2014 and Real Estate Show Myanmar 2014 40+ urban and
      90 words
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      449 11 PAYA LEBAR UARE The Future Keeps Getting Better A Square deal is now getting to be a Big Deal mi i r-gr^g/' m rrn rrrrrrrr Portuga, Brand r-7-m I pigeon GBINE GRAFIC I HIULmI r Asia III Tfi ■IB S 1 ii H f ssss w r I 1 FBAR
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  • SME Inc
    • Article, Illustration
      Lock icon Blending quality with progress
      1111 12  -  Product excellence, constant improvement are key at SMC Food 21, reports KARA QUEK karaquek@sph.com.sg COMMITMENT to quality is what drives SMC Food 21, a company specialising in the blending of basic food ingredients such as sugar, milk, and cocoa. These blends are incorporated in food products
      PHOTO: YEN MENG JIIN  -  1,111 words
    • Article, Illustration
      Lock icon PIC scheme not a one-size-fits-all solution
      1004 12  -  THE VIEW FROM AN NTU PROFESSOR By GOH KIA HONG The writer is a lecturer at NTU's Nanyang Business School, where he teaches auditing. He was previously an entrepreneur and founded a public accounting firm and a healthcare group with offices in Singapore, Malaysia,
      1,004 words
  • Page 12 Advertisements
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      63 12 Flexible working Investment opportunities for your property 7m thi Maximise the potential of your property by becoming part of the world’s largest flexible workspace network. We’re interested in a whole range of space, including traditional office buildings but a lot more besides from the CBD to retail parks, shop houses
      63 words
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  • EMERGING ENTERPRISE 2014
    • Article, Illustration
      Lock icon When getting the pros is the charm
      1246 13  -  Firms should hire a consumer research outfit to nail down their strengths and weaknesses, says Acorn’s Danny Lai. BY KELLY TAY kellytay@sph.com.sg @KellyTayBT WE’VE all seen it before a customer gets annoyed with long wait-times at a restaurant, and turns to Twitter to
      PHOTO: YEN MENG JIIN  -  1,246 words
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      199 13 The Emerging Enterprise Award 2014 is open for applications Over S$1.4 million worth of prizes to be won. Apply by 2 May 2014, Friday. For a copy of the application form, please visit www.EEaward.com Jointly Presented by: Official Auditor: Supported by: Innovation Partner: Preferred Payment Solutions Partner: BUSINESS TERM LOAN
      199 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Public Bank Q1 profit up 5% at RM1b
      467 14  -  Domestic loans and deposits continue to post annualised double-digit rates BY PAULINE NG in Kuala Lumpur UNDERSCORING the resilience of its domestic operations amid soft external conditions, Public Bank has posted a 5 per cent rise in net profit to RM1.02 billion
      PHOTO: BLOOMBERG  -  467 words
    • Article
      Lock icon Alam Maritim shares up 7% on deal prospects
      505 14  -  Oil and gas services firm in talks with 3 Petronas contractors By S JAYASANKARAN in Kuala Lumpur SHARES in oil and gas services firm Alam Maritim leaped more than 7 per cent yesterday to RM1.66 apiece, on expectations that the firm would
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  • Page 14 Advertisements
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      1243 14 WATS NOTICES WE I YE HOLDINGS LIMITED (Company Registration No.*****2850E) (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Weiye Holdings Limited (the “Company”) will be held at Vanda 3 Meeting Room, 6th Floor, Marina Mandarin Singapore Hotel,
      1,243 words
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      Lock icon Page 14 Advertisements Column 2
      673 14 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices THE MONETARY AUTHORITY OF SINGAPORE APPLICATION FOR TAXABLE BOOK-ENTRY SINGAPORE GOVERNMENT BONDS Tenor Total Amount Offered Minimum Denomination MAS' Intended Tender AmountIssue Code ISIN Code Issue Date/Settlement Date Maturity Date 1 Coupon Rate Yield and Price 1 Coupon Payment Dates' Next Coupon Payment Date
      673 words
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  • CHINA/INDIA
    • Article
      Lock icon Listing plans of China firms in limbo
      952 15 Confusion over listing guidelines which have been revised frequently the past six months Reuters [SHANGHAI] Dozens of Chinese companies have abandoned plans to list in the mainland this year, as confusion reigns among executives, bankers and investors over an opaque regulatory review that’s
      Reuters  -  952 words
    • Article, Illustration
      Lock icon Reserves up, rupee stronger thanks to central bank actions
      734 15 India better placed to meet market volatility: analysts Bloomberg [MUMBAI] When Raghuram Rajan took charge of India’s central bank in September, the rupee was near its weakest on record and foreign reserves were at a three-year low. In the seven months
      Bloomberg; PHOTO: REUTERS  -  734 words
    • Article
      Lock icon China in talks to buy 8 nuclear reactors from Westinghouse
      285 15 Reuters [BEIJING] China may sign as early as next year the first of several contracts for eight new nuclear reactors from Westinghouse Electric Co, as the government presses ahead with the world’s biggest civilian nuclear power expansion since the 2011
      Reuters  -  285 words
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      112 15 II SGPFair Singapore Gifts Premiums Fair 2014 16-18 July 2014 Marina Bay Sands, Singapore See a huge variety of new and innovative products on display, providing inspirational promotional ideas! Tree Admission! Register at www.SGPFair.com/visitl PP To Exhibit: Email: SGPFair@bizlink.com.sg Tel: (65) 6848 5939 www.SGPFair.com Organised By: BIZLINK Exhibition Services Pte
      112 words
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      577 15 LEY CHOON GROUP HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****0318G) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Ley Choon Group Holdings Limited (the “Company’’) will be held at the Conference Room, No. 4 Sungei Kadut Street 2,
      577 words
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      133 15 o without limits. lv > m \kyyy jh 0 Singapore20l4 23-25 April, 2014 Marina Bay Sands, Singapore www.semiconsingapore.org Visit Southeast Asia’s Only Microelectronics Manufacturing Event Spotlight on Enabling Mobility for loT with Advanced Semiconductor Technology Innovation A Southeast Asia Perspective Excellent Business Matching Platform More than 40 hours of First-Rate
      133 words
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  • WORLD
    • Article, Illustration
      Lock icon Kuroda seen risking money-market health
      782 16 BOJ inflation focus hits debt trading, may expose market to shocks Bloomberg [TOKYO] Money market watchers say Bank of Japan (BOJ) governor Haruhiko Kuroda risks crippling the foundation of the nation’s financial system to achieve his inflation target. The outstanding balance of interbank lending in
      Bloomberg; PHOTO: AFP  -  782 words
    • Article, Illustration
      Lock icon Russia firms can repay debts: Moody’s, Fitch
      637 16 Bloomberg [MOSCOW] Russian companies, facing US$115 billion of debt due over the next 12 months, will have the funds even as bond markets are shut because of the Ukraine c r i s i s accor d i n g t o Moody’s
      Bloomberg  -  637 words
    • Article
      Lock icon Hedge funds cut gold bets in year’s longest slide
      489 16 Bullion sold on signs of accelerating US economic growth Bloomberg [NEW YORK] Hedge funds lowered bullish bets on gold for a fourth week, the longest streak this year. The net-long position contracted to the lowest since mid-February as speculators sold bullion
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    • Article
      Lock icon Barclays plans to exit some commodities markets: FT
      206 16 Changes include cuts to commodities trading staff Reuters [LONDON] Barclays is planning to withdraw from parts of the metals, agricultural and energy markets, echoing moves by other major players like JPMorgan Chase and Morgan Stanley away from the commodities business, the Financial
      Reuters  -  206 words
    • Article
      Lock icon Barrick’s proposal to acquire Newmont hits roadblock
      570 16 But firms remain keen on deal and talks are likely to resume, add sources Reuters [TORONTO] The talks between Barrick Gold Corp and Newmont Mining Corp over a combination that would create a gold mining behemoth have hit a snag, but two sources
      Reuters  -  570 words
    • Article, Illustration
      Lock icon Spanish banks eager to lend to small firms
      642 17 But intense rivalry may hit margins in race for SME loans Reuters [MADRID] Across Spain, the message is hard to miss in office windows showcasing offers: banks want to lend to small companies again. After gorging on property lending in the run-up
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    • Article
      Lock icon Bankrupt city fighting public pension system
      744 17 NYT [SAN BERNARDINO] When San Bernardino took the unprecedented step in 2012 of stopping its required pension contributions arguing that it could not otherwise make payroll other financially stressed California cities took notice: Could this bankrupt, working-class city defy CalPERS, the powerful agency that
      NYT  -  744 words
    • Article
      Lock icon No drag on GM sales despite recall and probe
      712 17 Buyers unaffected as models are out of production NYT [NEW YORK] Louis Monetti pulled a tape measure from his back pocket and stretched it across the Chevrolet Cruze’s trunk to make sure his bicycle would fit. Then he crouched for a
      NYT  -  712 words
    • Article
      Lock icon App-lying brakes on talking, texting teen drivers
      674 17 Apps alert parents and bosses when turned off WP [HOWARD COUNTY, Maryland] Marty Williams recalls the conversations he and his wife would have with their two daughters about the dangers of talking and texting while driving. “It’s always a concern,” said Mr Williams.
      WP  -  674 words
    • Article
      Lock icon Pfizer may make another bid for AstraZeneca
      837 18 UK drug company’s cancer pipeline is seen as major draw for US pharma giant Reuters [LONDON] Pfizer may come back to bid for British drug company AstraZeneca after its reported £60 billion (S$126 billion) takeover approach was rejected, since a deal could make
      Reuters  -  837 words
    • Article, Illustration
      Lock icon New security restrictions at Boston Marathon
      419 18 Reuters [BOSTON] Some 36,000 athletes ran in the 118th Boston Marathon yesterday in the first running of the race since last year’s bombing attack, with top-ranked Kenyan and Ethiopian runners among the sec-ond-largest field in the race’s history. Racers faced new security restrictions at
      Reuters; PHOTO: REUTERS  -  419 words
    • Article
      Lock icon Yingluck’s fate in the balance as court decision looms
      350 18 Reuters [BANGKOK] A Thai court will decide this week whether to give embattled caretaker Prime Minister Yingluck Shinawatra more time to defend herself against charges of abuse of power accusations that could bring her down or whether to move swiftly to
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    • Article
      Lock icon World Cup to kick up prices in inflation-weary Brazil
      593 18 Reu ters [BRASILIA] As if worrying about unfinished stadiums and overcrowded airports wasn’t enough, the upcoming soccer World Cup will give Brazilian policy-mak-ers another headache: an inflation spike. The arrival of roughly 600,000 foreign tourists for the month-long tournament that starts
      Reuters  -  593 words
    • Article, Illustration
      Lock icon Ex-IMF chief still holds sway over global finance
      1106 19 He is now proposing scheme to securitise loans made in the go-go years Reuters [BRUSSELS] Jacques de Larosiere says he is an isolated and modest man. Yet the 84-year-old former head of the International Monetary Fund is one of the most influential
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    • Article
      Lock icon EU to help investors pick good corporate citizens
      731 19 New law to require some 6,000 firms to reveal their ESG track records Reu ters [LONDON] Investors looking for companies with good environmental, social and governance (ESG) track records will find the job easier after European politicians ruled that thousands of firms
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    • Article
      Lock icon BP’s US oil spill cases raging even after 4 yrs
      899 19 Many claimants still unhappy, decry BP’s all-clear claims Reuters [LONDON] Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from
      Reuters  -  899 words
    • Article, Illustration
      Lock icon Jimmy Choo happy with own couture line
      724 21 Brand bearing his name reportedly keen on listing AFP [FUKUSHIMA] Haute couture shoemaker Jimmy Choo says he is happy to focus on his own exclusive footwear line, amid reports the famous brand bearing his name but with which he is no longer associated
      AFP; PHOTO: AFP  -  724 words
    • Article
      Lock icon Amazon’s tax-free European profits drop sharply
      811 21 This follows tightening of rules that US tax authority felt were being abused Reuters [LONDON] The amount of money Amazon.com Inc reports through a tax-exempt vehicle in Europe has dropped sharply in the past two years, even as European sales jumped, after the US
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    • Article
      Lock icon Silicon Valley drama could end with a settlement
      931 21 Plaintiffs claim firms conspired to hurt staff’s chances of getting better jobs NYT [SAN FRANCISCO] After years of legal skirmishes, four leading Silicon Valley companies are scheduled to go on trial next month on claims that they conspired to undermine their employees’
      NYT  -  931 words
    • Article
      Lock icon Apple, Google vie for attention of game developers
      140 21 Reuters [SAN FRANCISCO] Apple and Google are wooing game developers to ensure that top game titles arrive first on devices powered by their respective operating system, The Wall Street Journal reported, citing people familiar with the matter. Both the companies are trying
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      908 16 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF PETROLEUM RESOURCING PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY NO: *****3615M NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DEEMED TO HAVE BEEN DULY CONVENED AND HELD AT
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      85 17 I I IN VOLATILE MARKETS, PRICES -FLIPAS FAST AS THIS PAGE Mm2 Find out more at our storefront office on Battery Road or IG.com.sg CFD trading can result in losses that exceed your initial investment. CREATING OPPORTUNITY CFDs AND FOREX TRADING Issued by IG Asia Pte Ltd (Co. Reg. No.*****0021K),
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      31 18 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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      51 18 TUV' MWs ACADEMY 2014 Participate in the NO. 1 CHILDREN'S EDUCATION SHOW! Suntec Singapore 6-8 June 2014 111 am 9pm BOOK NOW! Limited Booths available! > v For more information, please contact Ms Adeline Goh 9681 8289 gohtna@sph.com.sg Mr Jeffrey Foe 9008 9391 jefffoo@sph.com.sg www.thekidzacademy.com.sg Organised by: sphere A SUBSIDIARY
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      98 18 WAT3 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PREFAB STRUCTURES PTE. LTD. (In Member’s Voluntary Liquidation) Company Reg. No. *****0495W NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 (the “Act”) that the Final Meeting of Members
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      80 19 GET FREE INSTANT MARKET UPDATES WITH IG Find out more at our storefront office on Battery Road or IG.com.sg CFD trading can result in losses that exceed your initial investment. CREATING OPPORTUNITY CFDs AND FOREX TRADING Issued by IG Asia Pte Ltd (Co. Reg. No.*****0021K), licensed by MAS and IE
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      304 20 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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      66 21 mini iiiii! TRADE WITH SINGAPORE'S No.l MOBILE TRADING PLATFORM* I *As rated by FX traders, Investment Trends 2013 Singapore FX Report. Issued by IG Asia Pte Ltd (Co. Reg. No.*****0021 K), licensed by MAS and IE Singapore. Ensure you understand the risks and costs involved by reading the Risk Disclosure
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  • EDITORIAL & OPINION
    • Article
      Lock icon Obama’s legacy in Asia rests on TPP
      518 22 EDITORIAL WHILE there will be much on his to-do list during his tour of Asia this week, US President Barack Obama is determined to use his four-nation visit to ramp up support for a deadlocked trade deal that is key to his economic
      518 words
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      Lock icon Africa’s future lies in closing gender gap in farming
      855 22  -  THE BOTTOM LINE MELINDA GATES The writer is co-chair of the Bill Melinda Gates Foundation Project Syndicate AFRICA’S GDP is now growing faster than any other continent’s. When many people think about the engines driving that growth, they imagine commodities like
      Project Syndicate  -  855 words
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      Lock icon Doing business within local cultures of Asean
      1047 22  -  Understanding Eastern values and operating in the region pose a big challenge for MNCs By SYLVIA VORHAUSER-SMITH The writer is senior vice-president global research at global talent management software provider PageUp People. She co-authored the book ‘Talented South-east Asia’, which explores the experiences
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      Lock icon Globalisation far from permanent
      1056 23  -  It’s under attack by growing nationalism, militarism and the many forms of xenophobia LEON HADAR Washington Correspondent BROWSE through any major study about globalisation, and about globalism, the ideology that celebrates the liberalisation of the international economy, and there is a good chance that the author
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    • Article
      Lock icon Australia’s RMB hub ambitions: more urgency needed
      770 23  -  By VIVIANNE ARNOLD By @viviannearnold The writer is CEO of Franklin Phillips, an executive search and consulting firm specialising in trade finance, payments, digital and transactional banking, and non-executive director of the Australian Services Roundtable AUSTRALIA’S bilateral trade with China is worth more
      770 words
    • Article
      Lock icon Brokerage firms need to cut transaction cost
      456 23 LETTER TO THE EDITOR SINGAPORE Exchange (SGX) is providing new incentives to boost liquidity in the local market, including reduced clearing fees, with more discounts for illiquid stocks. SGX charges 0.04 per cent clearing fees on trades done through the exchange, subject to
      456 words
    • Article
      Lock icon Put all tables back in CEA annual report
      551 23  -  By ROBERT J SAMUELSON The Washington Post Writers Group IN this age of Big Data, the Obama administration seems determined to make it hard for average Americans to get little data. Recall that in 2011, the Census Bureau decided to eliminate “The
      The Washington Post Writers Group  -  551 words
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  • SHIPPING/AVIATION
    • Article, Illustration
      Lock icon Ferry crew’s actions ‘like murder’: Park
      910 24 South Korean president also calls for thorough probe of tragedy Bloomberg [SEOUL] South Korean President Park Geun Hye said the actions of the crew on a ferry that sank last week were “like murder” and called for a thorough investigation of the incident that
      Bloomberg; PHOTO: REUTERS  -  910 words
    • Article
      Lock icon Shanghai court seizes Mitsui OSK vessel
      384 24 Move reflects strained China-Japan ties Bloomberg [BEIJING] A Shanghai court has ordered the seizure of a Japanese iron ore carrier from Mitsui OSK Lines Ltd as compensation for the loss of two ships leased from a Chinese company before the two countries went to
      Bloomberg  -  384 words
    • Article, Illustration
      Lock icon No sign of MH370 despite underwater search
      510 24 AFP [PERTH] Two-thirds of the planned underwater search for missing Malaysia Airlines flight MH370 has been completed, with no signs so far of the jet, Australian officials said yesterday. As many as 10 military aircraft and 11 ships are taking part in the
      AFP; PHOTO: REUTERS  -  510 words
    • Article
      Lock icon First Shanghai stock set to be delisted in 7 years plunges
      391 24 Bloomberg [SHANGHAI] CSC Nanjing Tanker Corp, the first stock set to be delisted from Shanghai’s exchange in seven years as China seeks to bolster its markets, plunged as it began its final 30 days of trading. Shares of the
      Bloomberg  -  391 words
    • Article
      Lock icon TRANSPORT STOCKS
      232 24 SGX '000 Apr 21 S$ +/-Vol Ch Offshore '000 Chuan Hup Hldg 0.30 0.02 2072 S$ Cwt Limited................1.46 -0.03 635 Vol First Ship Lea Grand Banks...............0.23 unch 307 Jaya Hold Ltd Chuan Hup Hldg... K1Ventures 0.30 Keppel Corp 10.93 -0.06 3456 Mercator Lines...........0.11 0.01 181 -0.01 Neptune Ol
      232 words
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  • Page 24 Miscellaneous
    • Miscellaneous
      Lock icon Page 24 Miscellaneous Column 1
      298 24 CRYPTIC CROSSWORD Across 1 Finch is back by hide (6) 4 Reinforce argument at university (4,2) 8 Head of lyceum getting paid for knowledge (8) 10 Couple carry on producing a type of wool (3-3) 11 Fruit, round almost (4) 12 Hour in steam room relaxed former Lord Chancellor (6,4)
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  • Article
    Lock icon SHIPPING TIMES
    1283 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
    1,283 words
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      53 25 Shipping lines seeking reliable logistics partners Can they find your services here in the Shipping Times? M The Business Times Shipping Times I FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 1 I Can they find your services here in the Shipping Times? The Business
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      4147 26 Transaction date: Apr 21 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 Company 20 3.3 A-Sonic Aero 10.1 unch 465 10.2 10.1 10.1 10.2 2.6 1.7 23 72.3 13.6 10.4 8Telecom Vol
      4,147 words
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      Lock icon SGX CATALIST
      381 27 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 35 22 t 3Cnergy 500 Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale ('000) High Low Buyer Seller
      381 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11779 27 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.54/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond China Opportunities 1 2 8216/ EM Local Ccy Bond *****/ European Opportunities 1 1 3391/ Global Emerging Markets 1 1
      11,779 words
    • Article
      Lock icon GLOBALQUOTE
      249 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 35.5 Genting HK US$ US39 -0.5 2983 39.5 39 39 39.5 2568 Sale 328 191 TanChongInt HK325cd +5 438 325 320 320 325 9.7 3.2
      249 words
    • Article
      Lock icon SGX ETF
      1095 27 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 130.1 +0.3 130.1 130.1 128.9 131.5 114.4 94 CIMB APAC Div 100US$ US103.9 102.9 104.9 10.9 1510 1192 CIMBASEAN40
      1,095 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      650 28 Apr 21 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.45 *****.50 *****.17 Jun14 *****.00 *****.00 *****.00 *****.00 ***** *****0 Sep14 *****.00 *****.00 *****.00 *****.00 0 8641 MSCI TAIWAN INDEX FUTURES SPOT 318.27 318.54 317.29 Apr14 318.20 318.80 317.60 318.50 ***** *****6 May14 318.10
      650 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 28 In local curr In S$ In US$ dy yr dy yr dy yr Apr 18 Index Change Change Change Change Change Change World Preliminary 1185.8 0.0 0.1 0.0 -0.4 0.0 0.6 EAFE Preliminary 943.1 0.1 -1.4 0.1 -0.9 0.1 0.0 Europe Preliminary 1366.4 0.0 0.8
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      472 28 Apr 21 US$ A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.028 5.815 0.675 7.234 56.349 106.712 0.957 9.695 3.032 1.088 91.042 41.495 1.168 9.794 0.823 28.234 30.075 0.555 0.933 Canada 0.973
      472 words
    • Article
      Lock icon SIBOR
      30 28 Apr 21 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) (S$) 1 mth Source: Thomson Reuters
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    • Article
      Lock icon GOVERNMENT SECURITIES
      82 28 Apr 21 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****T 31-Oct-14 0.32 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.3 101.40 101.39 5-Year NX*****W 2.5 01-Jun-19 105.13 105.22 105.22 10-Year NX*****H 2.750 01-Jul-23
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    • Article
      Lock icon PRECIOUS METALS
      138 28 Apr 21 COINS GOLD(US$/oz) Apr 17 Apr 16 Hong Kong 1303.00 1307.00 Apr 17 Apr 16 London 1298.80 1299.30 1299.00 1300.10 Source: Thomson Reuters CAST BAR Apr 21 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 78 49 5gm 311 257 10gm 580
      138 words
    • Article
      Lock icon PALM OIL
      57 28 Apr 21 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 14 2690.0 2695.0 2696.0 2675.0 376 5531 Jun 14 2649.0 2655.0 2659.0 2628.0 5233 ***** Jul 14 2632.0 2642.0 2645.0 2612.0 ***** ***** Aug 14 2626.0 2634.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 28 Apr 21 Apr Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1681 1.1687 0.9328 0.9332 Canadian dollar 1.1360 1.1367 0.9076 0.9071 Euro 1.7311 1.7314 1.3823 1.3825 NZ dollar 1.0738 1.0747 0.8575 0.8581 Sterling pound 2.1055 2.1060 1.6813
      156 words
    • Article
      Lock icon CHICAGO BOT
      109 28 Apr 17 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 14 1514.00 1518.75 1531.75 1504.00 Jul 14 1502.25 1508.75 1521.00 1492.50 Aug 14 1420.50 1424.00 1434.00 1412.00 Sep 14 1298.25 1299.75 1310.25 1295.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 14
      109 words
    • Article
      Lock icon LIFFE
      94 28 Apr 17 Apr COCOA(£/tonne) Close Prev High Low May 14 1872 1849 1875 1845 Jul 14 1881 1857 1885 1852 Sep 14 1883 1860 1887 1856 Dec 14 1876 1853 1879 1851 COFFEE(US$/tonne) Close Prev High Low May 14 2118 2064 2122 2047 Jul14 2136 2082 2140 2062 Sep
      94 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1031 28 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 38 0.3 1 87 0.58 51 Asia-Pacific Strategic W*****6 1 0.3 30 333 21.94 1 Acma Ltd W*****7 Exer Price Asiatic Grp(Hldgs) Ltd W*****5 Disc Asiatravel.com HoldingsW*****7 3
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 28 CRUDE OIL PRODUCTS Apr 18 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.21 -0.70 WTI (Near Mth) 104.38 0.65 Dubai (1-Mth F) 105.62 -0.67 Tapis blend 112.61 -0.58 Minas 111.31 -0.08 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.08 -0.23 Jet Kerosene 122.28 -0.09 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 28 Apr 21 S$ Bid Offer 1-month 1.2523 1.2524 2-months 1.2522 1.2524 3-months 1.2522 1.2524 6-months 1.2521 1.2522 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      69 28 Apr-17 Apr-17 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1829.50 1839.00 3 months 1865.00 1875.00 Copper, Grade A(US$/tonne) Cash 6662.50 6627.00 3 months 6649.00 6619.00 Lead(US$/tonne) Cash 2122.75 2120.50 3 months 2142.00 2142.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      122 28 As at 9am Apr 21 Apr Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.195 1.139 Can dollar 1.158 1.114 Euro 1.771 1.687 Sterling pound 2.143 2.061 NZ dollar 1.101 1.059 US dollar 1.278 1.218 Local dollars to 100 units of
      122 words
    • Article
      Lock icon INTERBANK RATES
      157 28 Apr 21 $S Offer Bid 0vernight 0.05 0.03 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.06 US$ 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
      157 words
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  • PROPERTY
    • Article
      Lock icon Rising property taxes filling US cities’ revenues
      823 29 Collection at fastest pace since housing crash, helps to end era of budget cuts Bloomberg [WASHINGTON] Property tax collections are rising at the fastest pace since the US housing market crash sent government revenue plunging, helping end an era of local budget cuts.
      Bloomberg  -  823 words
    • Article, Illustration
      Lock icon Qatar to build fewer World Cup stadiums
      659 29 Bloomberg [DUBAI] Qatar has reduced the number of stadiums it plans to build for the 2022 soccer World Cup by a third amid rising costs and delays. The country, which won the right in 2010 to host the world’s most-watched sporting event, plans
      Bloomberg; PHOTO: BLOOMBERG  -  659 words
    • Article, Illustration
      Lock icon China plans bad debt fund for foreigners
      782 30 US$1 b fund will help them invest in soured property loans and distressed real estate Reuters [BEIJING] A unit of one of China’s biggest bad-debt banks plans to woo foreign investors with a US$1 billion fund for soured property loans and distressed real
      Reuters; PHOTO: REUTERS  -  782 words
    • Article
      Lock icon New launches send Q1 condo sales in Toronto up 68%
      234 30 Bloomberg [TORONTO] Toronto condominium sales had their best March on record, more than doubling from a year ago as new projects stoked demand, according to RealNet Canada Inc. Sales of new condos jumped to 2,496 units in Canada’s biggest city,
      Bloomberg  -  234 words
  • Page 29 Advertisements
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      Lock icon Page 29 Advertisements Column 1
      140 29 S S, ,SB BRAND NEW LIGHT INDUSTRIAL AT ALJUNIED 5-min walk to Raya Lebar MRT Excellent location Surrounded by amenities Dominic Peters R*****1G Sharon Chan R*****ID 9825 2101 9112 2063 www. savi I Is. com. sg savills Agency No. L*****88B FACTORIES IN ISKANDAR 1 FOR SALE 10-Min from Second Link
      140 words
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      Lock icon Page 29 Advertisements Column 2
      232 29 Jervois Gardens t Orchard oP GRANGE RD A/x| :c >9 JERVOIS RD SUBJECTS SITE PARK CONNECTOR Orchard t Great World City ALEXANDRA RD Freehold residential site. 3162.3 sq m PR 1.4, or possible for strata landed housings Nestled in GCB area, quiet exclusive Regular shaped plot with flat contour ground
      232 words
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      Lock icon Page 29 Advertisements Column 3
      249 29 PRIME GOOD CLASS BUNGALOW LAND AT HOLLAND RISE FOR SALE 3 adjoining vacant GCB plots: Plot I Approx. 17,422 sq ft Plot 2 Approx. 18,176 sq ft Plot 3 Approx. 17,393 sq ft Total Land Area Approx. 52,991 sq ft Flexibility to acquire one or more plots Access via Holland
      249 words
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      Lock icon Page 29 Advertisements Column 4
      87 29 W' a i (THE AMAZING JOO CHI AT SHOPHOUSE Conservation Par Excellence The Style. The Layout. The sheer elegance of the wide high spaces. Welcome to our Joo Chiat conservation residence. With its remarkable light play within the heritage shophouse, it defies the imagination! residential 1920's terrace corner unit freehold
      87 words
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      Lock icon Page 30 Advertisements Column 1
      682 30 mm. vfiKi m 5 Is ■Me il::; Ms I. rr r!rri rr r .r P r 1= ¥1^ •M :l A special Feature brought to you by 3ft STPROPERTY.sg The Draft Master Plan What do agents, developers investors need to know? How will the market perform in the near future?
      682 words
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      Lock icon Page 30 Advertisements Column 2
      69 30 HOT PROPERTY i 7,600-92,000 SF im n Lane 10. New. TOP Mav'U fu ceiling hat iAi„^? yl4 8m Owner QL 4 loadln Q bays. neno or bare avail <:o on r Immed. P s f Lane. ,E J42l/!68 0 sf S p/ T P-P/ cargo lift FACTORY FOR RENT Check
      69 words
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