The Business Times, 11 August 2014

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

Total Pages: 28
1 28 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 051/08/2014 Monday, August 11, 2014
    25 words
  • 908 1  -  More competition for mid-tier hotels; slump in visitor arrivals from big China market By NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT [SINGAPORE] The hotel industry is experiencing some softness this year, in line with the sluggish growth in tourist arrivals, but luxury hotels are bucking the
    Source: STB, CBRE  -  908 words
  • MARKETS DIGEST
    • 57 1 Weekly Change ST INDEX 3,288.89 -55.53 KL COMP 1,839.87 -23.47 NIKKEI 225 14,778.37 -744.74 HANG SENG 24,331.41 -201.02 SET INDEX 1,520.31 +20.11 JAKARTA COMP 5,053.76 -35.04 MANILA COMP 6,880.34 -13.89 SEOUL COMP 2,031.10 -42.00 SHENZHEN B 937.83 +12.59 MUMBAI IND 25,329.14 -151.70 DOW 16,553.93 +60.56 NASDAQ 4,370.90 +18.26 S&P
      57 words
    • 22 1 SINGAPORE MALAYSIA HONG KONG HONG KONG 6.55 5.00 INDONESIA 15.032 TAIWAN 5.036 US 1.475 CANADA 9.33 BRITAIN 0.50 Source: Bloomberg
      22 words
    • 49 1 US$ S$ US$ (S$ per US$) 1.252 (US$/S$ per 1.680 2.104 EURO (US$/S$/E) 1.338 1.676 Foreign currency per US$ S$ YEN 101.70 81.20 RM 3.211 2.563 HK$ 7.752 6.189 BAHT 32.15 25.67 RUPIAH 11,795 9,418 RENMINBI 6.158 4.917 INDIAN RUPEE 61.50 49.10 A$ 1.081 0.863 NZ$ 1.183 0.945
      49 words
  • 606 1  -  It plans Orchard Rd branch; seeks clients with at least US$1 m in investable assets By SIOW LI SEN lisen@sph.com.sg @SiowLiSenBT [SINGAPORE] Maybank Singapore is moving up it may soon have its first Orchard Road outlet, which will be dedicated to its
    606 words
  • Page 1 Advertisements
    • 169 1 VIEWS FROM THE TOP Which key issues should be addressed at the National Day Rally? PAGES 10-11 BOARDROOM MATTERS Board diversity: the international perspective PAGE 4 DINING OUT On the right track at Ristorante Takada PAGE 21 TOPLINE Roxy sitting pretty as it casts its net wide page 4 BT
      169 words

  • TOP STORIES
    • 813 2  -  Analysts expect week ahead to be an important test of investor confidence WALL STREET INSIGHT By ROB CURRAN LAST week, US stocks slid into negative territory for the year after Italy’s surprising retreat into recession hinted that the Ukrainian conflict was taking its
      813 words
    • 578 2  -  Alcoholic drinks firm drawn to region’s strong macro factors By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT [SINGAPORE] Alcoholic drinks distributor Diageo is looking to capitalise on the opportunities presented by the South-east Asian market by boosting its local knowledge and presence in the region. The British maker of
      578 words
    • 446 2  -  It is time to work towards greater transparency COMMENTARY B)’ CLAIRE HUANG huangjy@sph.com.sg @C|aireHuangBT Housekeeping can be a tedious and, at times, painful process. This is especially when the relevant parties have been left to their own devices for a significant
      446 words
    • 8 2 Branchen Stars RICA 04/*****14 225,15 EUR
      8 words
    • 451 2 Luxury hotels do fine despite fewer tourists THE hotel industry is experiencing some softness this year, in line with the sluggish growth in tourist arrivals, but luxury hotels are bucking the trend and pulling off strong growth. FRONT PAGE Maybank’s private bank bets on customer base MAYBANK Singapore
      451 words
    • 867 2  -  BOJ’s admission that export prospects are not bright is scary By in ANTHONY ROWLEY in Tokyo WAS the sudden, sharp drop in the Tokyo stock market last Friday a knee jerk reaction by investors to news that US President Barrack Obama had authorised fresh
      PHOTO: REUTERS  -  867 words
    • 1093 3  -  Heavyweights show strong results, with 3 local banks seeing growth in profit By JOYCE HOOI joyceh@sph.com.sg @JoyceHooiBT [SINGAPORE] The second quarter of 2014 was a decent one for Singapore-list-ed firms that have posted quarterly results, with a 13.6 per cent increase
      Compiled by BT  -  1,093 words

  • Page 3 Advertisements
    • 188 3 Innovation shifts into higher gear. The new C-Class.The best knows no alternative. The new C-Class is an exhilarating blend of agility and comfort. Toggle through the AGILITY SELECT switch and it brings into play five driving modes including a customisable option, that lets you effortlessly segue from eco to comfort
      188 words

  • COMPANY NEWS
    • 1030 4  -  It is in no hurry to slash prices at Trilive and Sunnyvale Residences despite tepid sales, reports LYNETTE KHOO TOPLINE reports LYNETTE KHOO lynkhoo@sph.com.sg @LynetteKhooBT ROXY-PACIFIC Holdings may be feeling the chill of the Singapore residential market but it is in
      1,030 words
    • 272 4 Aug 8 BANKS Agricultural Bank Of China Agricultural Bank Of China ...5.50 Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited Bangkok Bank Public Co. Ltd Bank of Communications 5.50 Bank of China Limited ...5.50 Bank of Communications Bank of Tokyo-Mitsubishi Banque Internationale a ...5.50 BNP
      272 words
    • 256 4 COMPANY MEETING PLACE DATE TIME JK Tech Hldgs E 61 Kaki Bukit Avenue 1 #02-13 Shun Li Ind Park 11-Aug 12.00pm Sunpower Group S Marina Mandarin Singapore (Level 6) Vanda 2 6 Raffles Boulevard Marina Square 13-Aug 9.30am Longcheer Hldgs S Room Anson III (Level 2) M Hotel
      256 words
    • 837 4  -  There are clear benefits, hurdles associated with having foreign directors on board, says TAN YEN YEN TAN YEN YEN The writer is a member of the Governing Council of the Singapore Institute of Directors THE oft-argued point of diversity on boards has often focused on
      STOCK.XCHNG  -  837 words
    • 1801 7  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd UYING remained flat for the second straight week while selling by directors fell, based on Aug 4-8 filings on Singapore Exchange. Nine companies recorded 24 purchases worth S$2.86 million versus four firms
      1,801 words
    • 1634 7 Payment Ex Rec Pay Ann (cts) date date date date AIMS Property Sec Fund ag 0.017 26-Jun 30-Jun 19-Sep 23-Jun AIMSAMP Cap Reit (1 Apr-30 Jun 14) ct 2.550 05-Aug 07-Aug 23-Sep 30-Jul ARA Asset Mgt aw 2.300 08-Aug 12-Aug 22-Aug 05-Aug Ascott Residence Trust (1 Jan to
      1,634 words

  • Page 5 Advertisements
    • 1032 5 INITIAL PUBLIC OFFERING V' •V W rs n A I JAFFA m <35l mi -3 m V FE&3 rg r-~ 1 .iGEmMz r JJ J’ PAKAN KUAII7AS PHIMA ?E0 BE5X Q ,v (ggigafe ;E> RUMBLE PAKANIKAN PPI CT knuMft OOCCOKCUi >. i r 18 v a ET T_-\ lele f"
      1,032 words

  • SINGAPORE MARKETS
    • 549 6  -  STOCKS R SIVANITHY sivan@sph.com.sg @RSivanithyBT Senior Correspondent Geopolitical risk, having not figured for many years, is now suddenly a prominent factor despite encouraging US economic data. Wall Street and markets everywhere have been mainly weak over the past fortnight, ostensibly because conditions are
      549 words
    • 871 6 COMMODITIES AFP [LONDON,] Oil and gold prices won some support last week from Western sanctions imposed on Russia and owing to crises gripping Iraq and Gaza, traders said. US jets struck jihadist positions in northern Iraq on Friday, a potential turning point in
      AFP  -  871 words
    • 536 6 CURRENCIES Bloomberg [NEW YORK] The yen rallied the most in four weeks as concern that geopolitical crises from the Middle East to Ukraine may escalate fuelled demand for haven assets. The rouble pared a weekly loss yesterday amid signals that Russia is trying
      Bloomberg  -  536 words
    • 1607 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Capital Ind REIT 2.00 2.00 3 10.09 14.28 1.55 1.44 Amtek Engineering Ltd 3.00 3.00 2 0.05 9.83 0.56 0.61 ARA Asset Management Ltd 2.00
      1,607 words
    • 4 6 WEEKLY
      4 words
    • 74 6 Aug 8 VALUE CLOSE BT OB/OS -1168.00-254.00 BT CADI -*****.00-222.00 BT 10-day MA -*****.00-117.00 FTSE ST Mid Cap 764.80 -7.56 FTSE ST Small Cap 545.44 -4.88 FTSE ST All Share 798.98 -6.51 FTSE ST China Top 194.68 -1.39 FTSE ST China 224.50 -1.58 FTSE ST Catalist 896.42
      74 words
    • 59 6 VOLUME Polaris 485,426,000 Charisma Energy 398,663,000 IHC 304,494,000 APAC Strategic 260,598,000 Advance SCT 234,288,000 ThaiBev 167,001,000 HPH Trust USD 162,756,000 Jaya 160,315,000 Artivision Tech 157,676,000 Xpress 138,039,000 VALUE($) DBS Grp 400,641,637 Global Logistic 271,277,142 UOB 270,933,756 OCBC Bank 259,576,432 SingTel 217,410,420 CapitaLand 201,460,185 Keppel Corp 167,343,701 HPH
      59 words
    • 5 6 WEEKLY
      5 words
    • 122 6 BY CENTS CLOSE UP GLD 10US$ ***** 381.9 2.5 Lyxor ThaiSET 10US$ ***** 329.3 2.0 DBXT iBoxxUSTr 5US$ ***** 298.0 1.1 DBXT AUD Bonds 5AU$ ***** 248.2 1.1 DBXT USDIGInfl 5US$ ***** 204.1 0.6 DBXT MSTHAI 10US$ 2087 55.1 2.2 DBXT iBoxxSing 5SG$ ***** 54.0 0.4 DBXT S&P Short
      122 words
    • 136 6 BY CENTS CLOSE DOWN IS S&P500 ***** -552.2 -2.3 DBXT Nifty 10US$ ***** -330.6 -2.1 DBXT E50 10US$ 4996 -255.4 -3.9 DBXT MSEurope 10US$ 5888 -232.9 -3.1 DBXT MSKorea 10US$ 6375 -214.1 -2.6 SPDR DJIA 10US$ ***** -211.6 -1.0 Jardine C&C 4443 -187.0 -4.0 DBXT MSJAP 10US$ 4585 -177.8
      136 words

  • Page 7 Advertisements
    • 94 7 M HONG KONG MEI-XIN MOONCAKES ji H 1 6 m m Tti =2* Pi -L> 0 Ma.de 9 SO/4 mmn &m& «lxg«*ftS §>§«» rQ®Jt*So n +#PES)t^ rt#«sj 130 9001:2008 130 *****:2005 **Si p d p«ii m *as£«is«mi iitsm According to the Nielsen Research Report 1998-2013 iifiiS White Lotus Seed Paste
      94 words

  • SINGAPORE NEWS
    • 523 8  -  With SIMTech, SME develops technology that allows glass to give off its own light INNOVATION By LESTER WONG lesterw@sph.com.sg WHEN Thomas Edison invented the light bulb, he surely could not have imagined that light-emitting glass panels would one day arise as an alternative to his brainchild. But
      PHOTO: ARTHUR LEE  -  523 words
    • 396 8  -  By MINDY TAN By tanmindy@sph.com.sg @MindyTanBT Chefs for a cause PROJECT Happy Feet is teaming up with 13 celebrity chefs to raise funds for the Children’s Cancer Foundation. Chefs for a Cause will take place on Aug 24 at Swissotel Merchant Court. The event aims to raise S$50,000,
      396 words
    • 1146 8  -  Five Aluminium Boat Engineering is riding a high tide to boldly venture into new horizons, reports RAPHAEL LIM reportsRAPHAEL reportsRAPHAEL LIM IN A COUNTRY surrounded by water, boat manufacturer Five Aluminium Boat Engineering’s (Five AB) products fulfil a natural local demand. The vessels that it
      PHOTO: RAPHAEL LIM  -  1,146 words
  • Page 8 Advertisements
    • 85 8 This profile is the fourth of a series of features on the 16 finalists of the Emerging Enterprise Award 2014. Jointly presented by The Business Times and OCBC Bank, the Emerging Enterprise Award 2014 recognises promising enterprises and startups which are up to 10 years old and have an annual
      85 words

  • Page 9 Advertisements
    • 124 9 50D v Singapore eDevelopment Ltd. Two Engines of Growth One New Vision International Property Developer Information Technology Property Development Investment Syndication ■N e-Commerce International Property Development S °v 'S A Mobile Gaming Smart Builder o N N o Property Development Asset Management Cloud Communication o Social Media Singapore eDevelopment Limited,
      124 words

  • VIEWS FROM THE TOP
    • 3070 10 THIS WEEK’S TOPIC: What are the key issues you wish to see addressed in the National Day Rally on Aug 17? Ronald Lee Managing Director PrimeStaff Management Services Pte Ltd AS a country, Singapore is still in a transitional phase against the backdrop of a rapidly changing global
      FILE PHOTO  -  3,070 words

  • Page 11 Advertisements
    • 262 11 DON’T MISS OUR FIRST-EVER SIMPLYHER-SINGHEALTH WOMEN’SHEALTH CONFERENCE’14 August 30, 2014 (Saturday) 9am-6pm Suntec Singapore Convention Exhibition Centre, Rooms 300-302 Findout thecommon conditionsthat affectwomen today,and learnhowto takepreventive measures soyoucan leadalonger, healthierlife. TOPICS SPEAKERS Morning Session 9am-1pm 1Look Your Best in Your 30s-40s: Keep the Weight Off! Dr Tham Kwang Wei Senior
      262 words
    • 245 11 The full list of views from CEOs is available at http://businesstimes.com.sg I DATE GUESTS-OF-HONOUR 26AUG MR K.SHANMUGAM (MINISTER) 26AUG MR TEO SER LUCK (MINISTER OF STATE) DISTINGUISHED SPEAKERS 26AUG MR HITOSHI ITO Hie o m m i rnmr 26AUG MR BRIAN HINMAN 27AUG MR TAN MIN-LIANG c o f o
      245 words

  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 1289 12  -  Estate planning is crucial in financial planning to make sure assets are passed on efficiently and fairly, says CHUA ZONG YOU CHUA ZONG YOU The writer is a second-year student at Singapore Management University (SMU) Lee Kong Chian School of Business and
      BT GRAPHICS: HYRIE RAHMAT  -  1,289 words
    • 930 12  -  By CAI HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT IN the absence of a valid will, Singapore’s Intestate Succession Act determines how a deceased person’s estate will be distributed to successors. This applies to Central Provident Fund (CPF) monies as well, unless you make a separate nomination. We reproduce the rules
      930 words
  • Page 12 Advertisements
    • 114 12 Get started now Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      114 words

  • MALAYSIA
    • 630 13 Firm may delay some projects as current slowdown may last for another year Bloomberg [KUALA LUMPUR] UEM Sunrise Bhd, Malaysia’s biggest developer by market value, said that it faces lower profit margins from a new tax and may delay some projects amid the
      Bloomberg  -  630 words
    • 1328 13 VOL Aug 8 RM +/-(‘000) Abric Bhd (’000) Advance Synerg 0.22 -0.01 5495 Adventa Bhd 1.06 -0.04 163 Ae Multi Hldgs 0.22 -0.01 1294 Affin Holdings 3.44 -0.06 971 Ahmad Zaki Res Airasia Bhd Alliance Finan 4.84 -0.07 2441 Aluminium Co 0.85 -0.02 675 Amalgamated In unch unch
      1,328 words
    • 925 13 But some ask if yet another restructuring will do any good [KUALA LUMPUR] The long-awaited restructuring of Malaysia Airlines (MAS) has finally taken off. Khazanah Nasional Bhd last week embarked on its first step to turn around the ailing airline that has undergone two
      PHOTO: BLOOMBERG  -  925 words
  • Page 13 Advertisements
    • 1280 13 The Business Times NOTICES Toll free 1800-289-8822 Email notlces@sph.com.sg www.sphclass.com,sg/notices NOTICE OF INVITATION APPLICATION FOR APPOINTMENT TO SHERIFF’S PANEL OF SECURITY AGENCIES FOR ENFORCEMENT ACTIONS 1. The Supreme Court of Singapore (the “Supreme Court”) invites suitably qualified security agencies (the “Security Agencies”) to apply for appointment to a Panel of
      1,280 words

  • GREATER CHINA/INDIA
    • 564 14 It has invested 5b euros in blue-chip firms rather than buying govt bonds Reuters [MILAN] Unfazed by Italy’s gloomier economic outlook, China’s cash-rich central bank is snapping up stakes in high-profile Italian companies and has invested around three billion euros (S$5 billion)
      Reuters; PHOTOS: REUTERS, BLOOMBERG  -  564 words
    • 709 14  -  Local govts seen paying 1t yuan a year in loan interest By FRANK CHEN EJinsight [HONG KONG] A vice-may-or of a northern city in the mainland was blocked on his way out of the office by angry contractors after the municipal government defaulted
      EJinsight  -  709 words
    • 376 14 AFP [NEW DELHI] India’s cabinet has approved plans to open its defence and railways industries to foreign investment as new Prime Minister Narendra Modi’s right-wing administration moves to reform and revive the ailing economy. The cabinet agreed last week to increase the limit
      AFP  -  376 words
  • Page 14 Advertisements
    • 229 14 FEATURING ROAST MASTER CHEF NOBUYUKI SATO FROM 12™ AUGUST 2014 M I f > N i Szechwan Tea-smoked Duck Dine on signature duck specialities such as Szechwan Tea-smoked Duck and Osmanthus P/pa Duck, roasted to perfection by renowned Barbecue and Roast Master Chef Nobuyuki Sato. For reservations, please call 6831
      229 words

  • WORLD
    • 541 15 Question is whether regulators will apply different criteria to different industries Bloomberg [NEW YORK] Wall Street banks are seeking additional details from US regulators on their leveraged-lend-ing guidelines, which are intended to improve underwriting standards. Three industry groups representing lenders from JPMorgan Chase
      Bloomberg  -  541 words
    • 636 15 Reu ters [LONDON] The European Central Bank will consider the impact of future lawsuits and fines in its review of whether the eurozone’s 131 most important lenders have enough capital to withstand another recession. The treatment of legal costs was
      Reuters; PHOTO: BLOOMBERG  -  636 words
    • 258 15 AFP [RIO DE JANEIRO] Brazilian millionaire Eike Batista, who over the last year lost a sizeable portion of his vast wealth, has sold the prized Lamborghini that once adorned his living room, news reports said. Television station G1 wrote on its website
      AFP  -  258 words
    • 670 15 European Commission’s proposals seen raising hackles in Britain Reuters [LONDON] The European Union’s trio of new financial watchdogs should have more powers over banks, insurers and markets to ensure national regulators apply EU rules, the bloc’s executive body said in a review that
      Reuters  -  670 words
    • 579 15 NYT [NEW YORK] Hedge fund investors, furious at having their bond holdings in Portugal’s Banco Espírito Santo written down to zero, are weighing a legal action against Portuguese regulators. According to bankers and lawyers involved in the effort, the funds include Daniel Loeb’s
      NYT; PHOTO: AFP  -  579 words
    • 837 16 Globally oriented Thermoplan banks on craftsmanship WP [WEGGIS, Switzerland] As Starbucks intensifies its charge on China, one of its little-known weapons is a family-owned company in a sleepy Swiss village. Thermoplan, based among cow pastures in this town of 4,400 inhabitants near Lucerne,
      WP; PHOTO: REUTERS  -  837 words
    • 649 16 More robust recovery points to earlier rate rise but wages have failed to pick up Reuters [LONDON] A year after the Bank of England launched forward guidance on monetary policy, Governor Mark Carney faces the opposite challenge this week to say
      Reuters  -  649 words
    • 563 16 Currency, stock market and bonds all making gains Bloomberg [NEW YORK] For perhaps the best sign of how it has been business as usual in Israeli markets since the fighting broke out in Gaza, look no further than its currency the shekel. It has
      Bloomberg  -  563 words
    • 1205 17 Bundesbank reckons wage increases will average about 3 per cent this year WP [FRANKFURT] On a sunny afternoon in the hometown of German carmaker Audi, a sculpture that allegedly protects against the perils of unemployment isn’t getting much attention. Instead of lining up
      WP; PHOTO: REUTERS  -  1,205 words
    • 365 17 Putin hails cooperation amid Western sanctions over Ukraine Reuters [SOCHI, Russia] US oil giant ExxonMobil began drilling in Russia’s Arctic over the weekend, despite Western sanctions imposed on its Russian partner Rosneft, and was hailed by Russia’s president as a model of “cooperation”. Although
      Reuters  -  365 words
    • 1505 18 She says govt is overlooking the best way to strengthen the US financial system NYT [NEW YORK] Bankers are nearly unanimous on the subject of Anat Admati, the Stanford finance professor and persistent industry gadfly: her ideas are wildly impractical, bad
      NYT; PHOTO: BLOOMBERG  -  1,505 words
    • 910 19 Apple, Google, Intel and Adobe have to return to negotiations or face trial Bloomberg [SAN FRANCISCO] Apple Inc, Google Inc, Intel Corp and Adobe Systems Inc have to go back to the negotiating table, or face trial, after a judge rejected their US$324.5 million
      Bloomberg  -  910 words
    • 758 19 But it won’t confront China over South China Sea strategy AFP [NAYPYIDAW, Myanmar] The United States yesterday pressed its case for a freeze on hostile acts in waters contested by China and its South-east Asian neighbours, but said that it
      AFP; PHOTO: REUTERS  -  758 words
    • 224 19 Bloomb erg [DUBAI] Luxembourg’s Ministry of Finance will meet investors in Europe, the Middle East and Asia from the end of September to promote its debut sovereign sukuk. Officials will visit the UK, Malaysia, Saudi Arabia, the United Arab Emirates and Qatar to
      Bloomberg  -  224 words
    • 313 19 Carillion tweaks offer in bid to save £3b deal: report Reuters [LONDON] British infrastructure company Balfour Beatty and construction firm Carillion have resumed talks on a possible £3 billion (S$6.3 billion) merger deal, the Sunday Times reported, citing unnamed financial sources. Balfour Beatty
      Reuters  -  313 words

  • Page 16 Advertisements
    • 177 16 Discover how to profit from the right stocks, make consistent passive income and en joy the financial freedom you deserve. 1 NT ’’V A V. Over 8 content-packed hours, you will discover: How to make your money work smarter and harder without looking at charts and news, and without the
      177 words
    • 53 16 COMIJCi SINGAPORE’S BIGGEST IT AND CONSUMER ELECTRONICS EXHIBITION 11 comex CONNECTS YOU TO TECHNOLOGY 28-31 AUG 2014 SUNTEC Singapore, Levels 4 6 12pm 9pm FREE ADMISSION cash prtt® 5 TECH SHOWCASE BOOTH BABES CONTEST TECH FASHION SHOW I ORGANISED BY: Enhibits Inc A SUBSIDIARY OF 5 ComexITShow www.comexshow.com.sg Tel: 6747
      53 words
    • 18 16 www.omy.sg 555 □uzz'TdlK fc- r* > _T o as 0sw3». news.omy.sg Download omy Apps omy News iOSAppStore Google Play
      18 words

  • Page 17 Advertisements
    • 2837 17 The Business Times Ik I 1 Toll free 1800-289-8822 I M I I Email noticesiasph.com.sg M V i B j J www.sphclass.com.sg/notices KREUZ HOLDINGS LIMITED (COMPANY REGISTRATION NO. *****3628R) NEWSPAPER NOTICE Notice is hereby given pursuant to Sections 76(10)(h) and 76(12) of the Companies Act, Chapter 50 of Singapore, that
      2,837 words

  • Page 18 Advertisements
    • 71 18 s Singaporeans love great food, and Ah Yoke, Hsueh Yun and Rebecca know where to get it. Read their reviews in Life!, SundayLife! and in the SoShiok app Wr W Wong Ah Yoke Food Critic r ■■■the STRAITS TIMES; Wherever ■you are < I r 1 ft* THE STRAITS TIMES
      71 words

  • Page 19 Advertisements
    • 62 19 A part of ich Ask 2014 International Building Technology Expo SINGAPORE CONSTRUCTION PRODUCTIVITY WEEK 2014 aMa iii m Mii;IIIhi[i] L 14-16 October 2014 Singapore EXPO Halls 3 4 www.buildtechasia.com u -i ■V -4 mA To Exhibit: Tel:+65 6319 4021 Email: buildtechasia@sph.com.sg To Visit: Pre-register at www.buildtechasia.com T .I pmi ■i’i'
      62 words
    • 8 19 IN THE MORNING -WEEKDAYS 6AM-10AM-D facebook.com/kiss92fm JW-@kiss92fm www.kiss92.sg
      8 words

  • AVIATION/SHIPPING
    • 537 20 United, Delta among the carriers looking at re-routing their flights Bloomberg [DALLAS] United Airlines and Delta Air Lines are evaluating options for re-routing flights should Russia carry through with a threat to close Siberian airspace to carriers from North America and Europe. Such
      Bloomberg  -  537 words
    • 679 20 NYT [NEW YORK] Erica Sison has dealt with sick and dead dogs and cats, 40 dead lab rats in bags, trophy animals, cooked monkey meat on sticks, human skulls from Indonesia, bat specimens and a live Asian bat that flew out
      NYT  -  679 words
    • 613 20 Boeing rushing with 3-day target for each Dreamliner Reuters [NEW YORK] Boeing has pushed some factory work on the 787 Dreamliner to the uncovered tarmac outside its assembly plant in Washington state in an effort to keep churning out the popular plane
      Reuters; PHOTO: REUTERS  -  613 words
    • 238 20 SGX '000 Aug 08 S$ +/-Vol Ch Offshore 0.48 -0.01 711 Chuan Hup Hldg 0.29 unch 217 Aug 08 Cwt Limited Vol First Ship Lea Grand Banks 0.26 unch 38 Jaya Hold Ltd 0.06 unch ***** K1Ventures 0.20 unch 6044 Keppel Corp 10.80 -0.06 2942 Mercator Lines............0.09 unch
      238 words
    • 311 20 Reuters [LOS ANGELES] The massive containerships passing through the Santa Barbara Channel off the coast of Southern California will be paid a bonus of US$2,500 per trip to slow down, in an effort to cut off-shore air pollution and reduce collisions with
      Reuters  -  311 words
  • Page 20 Advertisements
  • Page 20 Miscellaneous
    • 331 20 CRYPTIC CROSSWORD Across 1 Puzzle that has many twists and turns before being solved (6,4) 6 Poems, inspired by love of the French? (4) 10 Around this time I should be in credit with returned account (5) 11 Slanderer is not an incisive member of the set (9) 12 Grand
      331 words

  • DINING OUT
    • 807 21  -  With a bit of luck and fine-tuning, Ristorante Takada may well hit on the formula for success, saysJAIME JAIME EE jaime@sph.com.sg @JaimeEeBT NEW RESTAURANT Ristorante Takada #01-07 Alexis 356 Alexandra Road Tel: 6339-3969 Open for lunch and dinner Tues to Sun: 12pm to 2pm; 6pm to
      807 words
  • Page 21 Advertisements
    • 638 21 ,:4 It //y llBr 1 Ts P5C N Sr* If Cool the if e 0 sg i IS W~ r *>1 lid ■<9 11 Singapore F Residential f H afi(« !«a?'!3 'I 7 ElS’S m w m 1 4) 'A IV m V A 1 4.V ■Si: S% m V
      638 words

  • SINGAPORE STOCKS
    • 4542 22 Week ended: Aug 8 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol 97.5 69 ABR 13.3 10.4 8Telecom Div GrYld Net M Cap 13.7 6.7 AIMS Property 12.9 unch 620 13
      4,542 words
    • 581 23 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 $mil 32.5 23 t 3Cnergy 500 Last Vol 1.9 0.8 t Advanced Systems 0.8 -0.1 8028 0.9 0.8 0.8 0.9 15.6 Last Quote Div Gr
      581 words
    • 126 23 Stock name Close Change Ascendas Reit 2.290 -0.020 CapitaLand 3.350 -0.030 CapitaMall Trust 1.960 -0.015 CityDev 10.010 -0.110 ComfortDelGro 2.600 +0.030 DBS Grp 17.810 -0.330 Genting Sing 1.275 -0.035 Global Logistic 2.720 -0.020 Golden Agri-Res 0.530 HPH Trust USD 0.675 -0.010 Stock name Close Change HongkongLand
      126 words
    • 1937 23 Transaction date: Aug 8 HONG KONG Vol HK$ +/-'000 Aeon Stores Angang Steel Anhui Conch Aeon Credit Anhuiexpresswa 4.44 -0.04 1134 Asia Satellite 0 Asm Pacific Avic Ihl Avic Int'L 5.71 Baiyunshan Ph ***** Bank Of China ...29.00 Bank Of E Asia ***** Beida Jade Bir 4.44 Beijing
      1,937 words
    • 263 23 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 62 43 AVJennings A54 -2 8 55 54 54 60 3.6 6.5 4.4 199.9 4 0.7 OGL Resources A$ A1.7 unch 20 1.7 1.7 0.9 1.7 0.3
      263 words
    • 186 23 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 11 1 0 0 0 3 11 1 Manufacturing 36 114 29 5 27 6 41 141 35 Commerce 14 51 13 6 15 2 20 66 15 Tpt/Stor/Comms 9 33 4
      186 words
    • 1170 23 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 118 108.3 ABF SG Bond ETF 116.2 -0.8 25 116.2 116 116.1 116.3 530.4 135.5 119 CIMB APAC Div 100S$D 133.1 -1.6 15 135.2 133.1 132
      1,170 words
    • 123 23 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 97,121 97,121 315,226 315,226 Manufacturing 1,582,871 904,476 2,487,347 706,618 47,726 754,344 Commerce 386,302 299,045 685,347 365,787 19,597 385,384 Tpt/Stor/Comms 666,514 5,067 671,581 739,235 585 739,820 Finance 122,662 14,527 137,189 1,008,531 4,801 1,013,332 Construction 194,757 481,973
      123 words

  • Page 23 Advertisements
    • 26 23 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
      26 words

  • FINANCE & COMMODITIES
    • 661 24 Aug 8 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.73 *****.32 *****.84 Sep14 *****.00 *****.00 *****.00 *****.00 *****3 *****8 Dec14 *****.00 *****.00 *****.00 *****.00 1 ***** MSCI TAIWAN INDEX FUTURES SPOT 330.18 330.22 326.65 Aug14 327.20 328.00 324.20 327.80 ***** *****0 Sep14 326.40
      661 words
    • 373 24 In local curr In S$ In US$ dy yr dy yr dy yr Aug 8 Index Change Change Change Change Change Change World Preliminary 1202.1 -0.1 1.5 -0.1 0.4 -0.1 1.4 EAFE Preliminary 933.5 -0.9 -2.4 -0.7 -3.3 -0.7 -2.4 Europe Preliminary 1326.9 -0.4 -2.1
      373 words
    • 471 24 Aug 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.011 5.696 0.691 7.170 56.880 109.098 0.941 9.588 2.970 1.094 91.371 40.818 1.158 10.008 0.839 27.779 29.737 0.551 0.925 Canada 0.989 5.636
      471 words
    • 37 24 Aug 8 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 1 mth 3 mths 6 mths 6 mths Source: Thomson Reuters
      37 words
    • 82 24 Aug 8 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****S 02-May-15 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.125 01-Apr-16 101.14 5-Year NX*****W 2.5 01-Jun-19 105.85 106.12 105.94 10-Year NY*****H 3.000 01-Sep-24 105.89 106.00
      82 words
    • 120 24 Aug 08 GOLD(US$/oz) Aug 08 Aug 07 Hong Kong 1321.00 1308.00 Aug 08 Aug 07 London 1311.00 1306.94 1311.65 1307.65 Source: Thomson Reuters CAST BAR Aug 08 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 79 51 5gm 317 263 10gm 592 528
      120 words
    • 57 24 Aug 8 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 14 2307.0 2291.0 2307.0 2290.0 274 1469 Sep 14 2287.0 2257.0 2290.0 2255.0 1598 ***** Oct 14 2256.0 2233.0 2268.0 2231.0 ***** ***** Nov 14 2252.0 2230.0
      57 words
    • 155 24 Aug 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1578 1.1591 0.9246 0.9253 Canadian dollar 1.1458 1.1467 0.9154 0.9150 Euro 1.6753 1.6762 1.3379 1.3381 NZ dollar 1.0581 1.0593 0.8450 0.8456 Sterling pound 2.1034 2.1048 1.6798 1.6802
      155 words
    • 109 24 Aug 8 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 14 1284.75 1250.00 1285.00 1249.75 Sep 14 1113.75 1099.25 1114.50 1097.50 Nov 14 1084.75 1078.00 1085.00 1071.75 Jan 15 1093.25 1086.50 1093.50 1080.25 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Aug 14
      109 words
    • 95 24 Aug 8 COCOA (£/tonne) Close Prev High Low Sep 14 2027 2027 2036 2019 Dec 14 2004 2005 2015 1995 Mar 15 1966 1962 1972 1955 May 15 1951 1946 1957 1940 COFFEE(US$/tonne) Close Prev High Low Sep 14 1948 1968 1965 1929 Nov 14 1959 1974 1970 1940
      95 words
    • 1027 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 5 0.3 320 0.3 1 -57 3.82 47 Asia-Pacific Strategic W*****6 Ratio Exer Price Ascendas REIT MB eCW*****3 Disc Asiatic Grp(Hldgs) Ltd W*****5 Expiry Asiatravel.com HoldingsW*****5 6 1
      1,027 words
    • 70 24 CRUDE OIL PRODUCTS Aug 07 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 105.21 -0.14 WTI (Near Mth) 97.53 0.53 Dubai (1-Mth F) 102.86 -0.20 Tapis blend 106.57 -0.36 Minas 102.27 -0.36 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 99.22 0.33 Jet Kerosene 117.69 0.48 US$/barrel OpecOil Basket
      70 words
    • 22 24 Aug 8 S$ Bid Offer 1-month 1.2522 1.2527 2-months 1.2522 1.2527 3-months 1.2521 1.2527 6-months 1.2520 1.2525 Source: OCBC
      22 words
    • 66 24 Aug-08 Aug-08 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2019.75 2017.50 3 months 2024.00 2027.00 Copper, Grade A(US$/tonne) Cash 7010.75 7014.50 3 months 6995.00 6999.00 Lead(US$/tonne) Cash 2236.50 2266.50 3 months 2240.00 2265.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
      66 words
    • 121 24 As at 9am Aug 08 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.188 1.132 Can dollar 1.167 1.123 Euro 1.713 1.632 Sterling pound 2.149 2.067 NZ dollar 1.085 1.044 US dollar 1.278 1.218 Local dollars to 100 units of foreign
      121 words
    • 157 24 Aug 8 $S Offer Bid 0vernight 0.05 0.02 1-month 0.3125 0.1875 2-months 0.3750 0.2500 3-months 0.4375 0.3125 Overnight mode: 0.10 US$ Offer Bid 7 days 0.18 0.08 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

  • 2132 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
    2,132 words
  • Page 25 Advertisements
    • 54 25 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times PLACE YOUR AD HERE THE BUSINESS TIMES SHIPPING TIMES CALL JOE WONG AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? The
      54 words

  • Page 26 Advertisements
    • 97 26 Shipping lines seeking reliable Can they find your services here in the Shipping Times? The Business Times TO ADVERTISE, CALL JOE WONG AT *****327 Highlight^Yqur Company! Anniversary r; Come publicise your Company Anniversary, Corporate Developments, Corporate Image, Award Wins Certifications, Ship Christenings Delivery of Newbuilds, Projection Completion and Vessel Conversion
      97 words

  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • 769 27  -  Looking to expand from the saturated home market, they want to test out games and monetisation models before taking them West, reports VICTORIA HO reportsVICTORIA reportsVICTORIA HO AN increasingly saturated games scene in China has prompted a wave of Chinese game
      769 words
    • 768 27  -  Research: word of mouth drives 80% of purchasing By VICTORIA HO [SINGAPORE] For online stores, it’s become an eyeballs game where everyone is clamouring for attention in a busy ecommerce landscape in which eMarketer estimates US$304 billion will be spent this year.
      768 words
    • 593 27 AFP [WASHINGTON] Even if you don’t open a newspaper, turn on a television, log on to a computer or pull out a smartphone, you can get news from wearable technology. As wearables gain traction, news purveyors are eyeing these devices for their
      AFP  -  593 words
    • 473 27 AFP [SOFIA] Excellent IT and language skills have helped Bulgaria’s outsourcing sector boom, raising hopes that it could prop up the badly stagnating economy of the EU’s poorest country. After a timid start 15 years ago, the Balkan country is now a
      AFP  -  473 words
    • 200 27 [SINGAPORE] With more choices available to discerning consumers, the electronic display board has become a crucial tool to attract eyeballs. Bearing this in mind, Samsung Electronics launched its B2B display solutions in Singapore late last month, incorporating new technology designed to offer solutions
      200 words

  • Page 28 Advertisements
    • 143 28 GET THE STRAITS TIMES ON THE GO WHEREVER YOU ARE SUBSCRIBE NOWAND CHOOSE ONE OF THE FOLLOWING GADGETS ON THE GO 3 YEAR PLAN FULLY REDEEMED m L r II *2 Dell Inspiron 20' 3000 Series AIO (Touch) 2 YEAR PLAN Sony SmartWatch2 OR m r SPH TURNS 30! Enjoy
      143 words