The Business Times, 13 April 2011

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Microfilm: NL31313
Total Pages: 58
1 58 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Wednesday, April 13,2011
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  • Article
    Lock icon Goodies, discounts for ships flying green flag
    888 1  -  $100m incentive for cleaner fuels, more efficient design By JOYCE HOOI [SINGAPORE] Singapore is throwing its weight behind green shipping to the tune of $100 million. This means ships will find that it pays to go with the green flow. Singaporeregistered ships that
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  • Article, Illustration
    Lock icon SIA rolls back pay cuts for employees over 60
    726 1  -  Policy of 10% pay cut scrapped; wages to be restored for those already affected By VEN SREENIVASAN [SINGAPORE] Just a month after conceding ground on its rehiring package for retired pilots, Singapore Airlines has decided not to cut employees’ salaries at
    FILE PHOTO  -  726 words
  • Article
    Lock icon MARKETS DIGEST
    146 1 H ST INDEX 3,138.00 (-22.44) H ST INDEX FUTURES 3,122.00 (-24.00) H SIMSCI 371.90 (-2.89) H SIMSCI FUTURES 369.60 (-2.40) FOREX US$ S$ US$ (S$ per US$) 1.257 (US$/S$ per 1.630 2.050 EURO (US$/S$/E) 1.443 1.814 Foreign currency per US$ S$ YEN 84.40 67.10 RM 3.028 2.408 HK$
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      30 1 COMMENTARY M&As: Are you a valuecreation negotiator? PAGE 44 WEALTH TRENDS Piracy a big concern for shipping I PAGE 58 EXECUTIVE MONEY Long-term view needed for returns I PAGE 55
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      11 1 A NEW ROLE CFOs and business decision-making PAGE 11 *****1 *****4
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      179 1 LAND TRANSPORT China may zip past US as Lamborghini’s top market PAGE 49 CATCH THE BE OVERSHADOWED. Prof. Jean-Louis Scartezzini, expetsf in solar energy ancJ building physics at the Swiss Federal Institute of Technology, Lausanne, Switzerland Noted Swiss researcher Jean-Louis Scartezzini has his finger on the pulse when it comes
      179 words
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      10 1 HOCK LOCK SIEW Don’t overlook emerging market risks PAGE 4
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  • TOP STORIES
    • Article
      Lock icon M’sia sees capital market more than doubling
      576 2  -  PM Najib says under current forecasts it could hit RM4.5t by 2020 By S JAYASANKARAN By in Kuala Lumpur MALAYSIA’S capital market is expected to more than double in value from RM2 trillion (S$830 billion) to RM4.5 trillion by 2020 under current forecasts
      576 words
    • Article, Illustration
      Lock icon Vincent Tan may sell stake in Toto unit
      411 2 Reuters [KUALA LUMPUR] Malaysian tycoon Vincent Tan is considering selling a 49 per cent stake in the unlisted gaming unit of Berjaya Sports Toto Bhd for about US$1 billion including debt, and has hired Citigroup Inc as adviser, sources with direct knowledge
      Reuters  -  411 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      556 2 SIA rolls back pay cuts for employees over 60 JUST a month after conceding ground on its rehiring package for retired pilots, Singapore Airlines has decided not to cut employees’ salaries at 60. While the move is company-wide, SIA’s decision to scrap its practice of cutting salaries by
      556 words
    • Article, Illustration
      Lock icon Squaring the emotions and logic in foreigner debate
      739 3  -  PM Lee shares views on foreigners, role of opposition in lively TV programme By LEE U-WEN [SINGAPORE] Singaporeans may understand the rationale for why the government has brought in a large number of foreigners over the years, but it is the “emotional”
      739 words
    • Article
      Lock icon HK office rents top world survey for second year
      543 3  -  By in SHU-CHING JEAN CHEN in Hong Kong CAVERNOUS flyovers and hidden stairways weave through the tightly-packed central business district of Hong Kong. They are the arteries of this city, linking to its most expensive office addresses, such as One IFC
      543 words
    • Article
      Lock icon Severity rating of Fukushima raised to that of Chernobyl
      355 3 Bloomberg [TOKYO] Japan raised the severity rating of its nuclear crisis to the highest, matching the 1986 Chernobyl disaster, after increasing radiation prompted the government to widen the evacuation zone and aftershocks rocked the country. Japan’s Nuclear and Industrial Safety Agency
      Bloomberg  -  355 words
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      157 2 There Are Some Things In Life For Which You'll Never Compromise Your health is clearly one of them, and we understand. That's why Paragon Medical is home to a total of over 60 medical specialists, ensuring you get the best of care to stay in perfect health. MEDICAL SERVICES: Aesthetics/Cosmetic
      157 words
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      45 3 NOTHING IS AS STRONG AS TEAM SPIRIT RETAIL BANKIN G CO RP O RATE INVE S TMENT BANKIN G S PE C IALI S ED FINAN C IAL S ERVI C E S IN S URAN C E PRIVATE BANKING GLOBAL INVESTMENT MANAGEMENT SERVICES GettyImages
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  • COMPANY NEWS
    • Article
      Lock icon Don’t overlook emerging market risks
      780 4  -  HOCK LOCK SIEW By FELDA CHAY WAVES of unrest in the Middle East and Africa have affected stockmarket sentiment, in particular towards popular commodity plays like Olam International and the Noble Group. These two stocks have so far this year failed to rally as expected
      780 words
    • Article
      Lock icon Hurdle seen for dark-pool institution players
      643 4  -  Liquidnet’s Asia-Pac head points to S’pore married trade requirements By JAMIE LEE SINGAPORE’S marriedtrade requirements could be hindering institutional players from trading in dark pools here, said head of Liquidnet’s Asia-Pacific market Lee Porter. Liquidnet, now touted as the Asia-Pacific’s largest dark pool player,
      643 words
    • Article
      Lock icon Gencos warned of transmission overload
      562 5  -  EMA explains likely constraints and how they will be resolved in coming years By RONNIE LIM TOO many upcoming power generating projects in Jurong Island could cause an overload in the transmission network and an excess supply initially, the Energy Market Authority has warned. Over
      562 words
    • Article, Illustration
      Lock icon SIAS chief retracts comment on SAH
      526 5  -  He did not know at the time that EGM would be held By FELDA CHAY THE head of the Securities Investors Association of Singapore (SIAS), David Gerald, has retracted his comments on Shanghai Asia Holdings’ (SAH’s) proposal to sell all of its businesses, which
      FILE PHOTO  -  526 words
    • Article
      Lock icon Keppel O&M wins international contracts worth $240m
      265 5  -  By NISHA RAMCHANDANI KEPPEL Offshore Marine (Keppel O&M) has via its wholly owned subsidiaries in Singapore landed new contracts worth $240 million from international customers. Keppel O&M, which is a wholly owned subsidiary of Keppel Corporation, provides services such as offshore rig design,
      265 words
    • Article
      Lock icon APL switches to low-sulphur fuel in Singapore
      463 7  -  It’s the first container line here to convert; Maersk and PIL to follow By JOYCE JOYCE HOOI NEPTUNE Orient Lines Group (NOL) is turning a welcome shade of green. From today, its shipping line APL will be the first line to make the
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    • Article
      Lock icon TTJ bags 3 contracts worth $29m
      309 7  -  By MAXIE AW YEONG STRUCTURAL steel fabricator TTJ Holdings has secured three new contracts worth $29 million, boosting its order book to $169 million. The biggest one, worth more than $25 million, is for the construction of the Institute of Technical Education’s third and
      309 words
    • Article, Illustration
      Lock icon Lian Beng 9-month earnings more than double to $36.6m
      368 7  -  By UMA SHANKARI LIAN Beng Group yesterday reported a more than doubling in earnings to $36.6 million for the nine months ended Feb 28, as it built more homes. The construction group reported a net profit of $17.4 million for the
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    • COMPANY BRIEFS
      • Article
        Lock icon Hyflux requests trading halt
        32 7 HYFLUX Ltd has requested a halt in the trading of its shares from 9am today. The water treatment company said this is pending the release of an announcement.
        32 words
      • Article
        Lock icon SMX gold, silver and copper futures
        65 7 SINGAPORE Mercantile Exchange (SMX) said that it will begin trading cash-settled gold, silver and copper futures contracts from April 15, 2011, in contract sizes of 100 troy ounces, 5,000 troy ounces and 5 metric tons (MT) respectively. These US dollardenominated contracts will start trading
        65 words
      • Article
        Lock icon Rotary Engg CFO resigns
        57 7 Reuters ROTARY Engineering said chief financial officer Koh Thong Hean has tendered his resignation and will leave the firm on May 3. Mr Koh, CFO since February 2009, is quitting to pursue another career opportunity. Group financial controller Cheong Yew Meng will oversee the finance functions
        Reuters  -  57 words
      • Article
        Lock icon Fire at MapletreeLog’s Iwatsuki Centre
        89 7 MAPLETREE Logistics Trust Management, the manager of Mapletree Logistics Trust (MapletreeLog), said that there was a fire at one of the trust’s Japan properties Iwatsuki Centre yesterday. The fire had been put out and there was no report of any casualty. Investigation into the cause
        89 words
      • Article
        Lock icon FinOne’s exit offer turns unconditional
        43 7 FINANCIAL One said that the exit offer from executive chairman Andre Koo has become unconditional after Mr Koo, together with concert parties, had received valid acceptances representing about 53.36 per cent of Financial One’s total issued share capital.
        43 words
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      303 4 e believe industry recognition speaks volumes. We are proud to have won three awards for our funds at the Lipper Fund Awards 2011, and to have been recognised as Best Asset Management Company* in Asia for the past two years. Most importantly, we are proud that these accolades show our
      303 words
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      72 4 ANNOUNCEMENT STRATO MARITIME SERVICES PTE LTD., SINGAPORE We have been the ship managers and not Owners of the following vessels: Kindly note that the following vessels with effect from the respective dates indicated are no longer under ourship management. M.V. "Crest Radiant 2" M.V. "Crest Supply 2" M.V. "Pacific Navigator"
      72 words
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      301 5 oridian premium Defining a new standard of luxury, Imagine the lifestyle of Miami, immersed in a lavish landscape of cascading pools and water features. Next, picture this paragon of luxury living with easy access to expressways and the future King Albert Park MRT station at your doorstep. For the final
      301 words
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      3400 6 TeleChoice TELECHOICE INTERNATIONAL LIMITED (Registration No. *****2072R) (Incorporated in the Republic of Singapore) NOTICE OF THIRTEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirteenth Annual General Meeting of TeleChoice International Limited (the "Company") will be held at Violet Room The Chevrons 48 Boon Lay Way 3rd Storey Singapore
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      1896 6 R H ENERGY LTD. (Incorporated in the Republic of Singapore on 18 July 2006) (Company Registration Number *****0437K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 8 Wilkie Road, #03-01 Wilkie Edge, Singapore *****5 on Friday, 29
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      465 7 0.9% P.A. INTEREST ON YOUR SAVINGS. 100% LUXURY IN CHINA'S ICONIC RESORTS. Simply open an OCBC Premier Dividend+ Savings Account with fresh funds of S$350,000 and enjoy an interest rate of up to 0.9% p.a. 1 As a special bonus, you stand to win a luxury holiday 2 for two
      465 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI hit as Japan raises N-alert
      564 8  -  Region-wide selling sees Hang Seng, Kospi and Nikkei indices falling 1.3% to 1.7% STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index (STI) yesterday dropped 22.44 points to 3,138.00, its second consecutive loss following a near non-stop rise over 15 trading sessions that saw
      Source: Bloomberg  -  564 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 10 3 0 0 0 3 10 3 Manufacturing 26 68 74 3 5 12 29 73 86 Commerce 12 20 28 3 5 3 15 25 31 Tpt/Stor/Comms 11 21 11
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      120 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 53,767 53,767 113,778 113,778 Manufacturing 189,553 23,018 212,571 203,067 2,006 205,073 Commerce 88,352 11,341 99,693 128,353 2,248 130,601 Tpt/Stor/Comms 246,127 4,440 250,567 393,610 289 393,899 Finance 22,625 22,625 206,482 206,482 Construction 58,836 179 59,015 11,871
      120 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      110 8 Stock name Close Change CapMallsAsia 1.850 -0.030 CapitaLand 3.390 -0.050 CapitaMall 1.870 CityDev 11.700 ComfortDelGro 1.560 +0.010 DBS Grp 14.640 +0.020 F&N 6.240 +0.010 GLP 1.970 Genting SP 2.080 -0.040 Golden Agri 0.705 -0.020 HK Land 7.000 -0.050 JMH 45.860 +0.060 JSH 27.400 -0.680 Jardine C&C
      110 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      64 8 Apr 12 VALUE CLOSE BT OB/OS 376.00-211.00 BT CADI -*****.00-146.00 BT 10-day MA -*****.00 +38.00 FTSE ST Mid Cap 772.76 -5.20 FTSE ST Small Cap 559.62 -2.91 FTSE ST All Share 773.84 -5.38 FTSE ST China Top 280.61 -2.11 FTSE ST China 306.60 -2.64 FTSE ST Catalist
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    • Article
      Lock icon MOST ACTIVE STOCKS
      60 8 VOLUME HPH Trust US$ 138,013,000 Genting SP 75,512,000 Golden Agri 62,327,000 Dyna-Mac 56,600,000 GMG Global 55,482,000 AusGroup 45,217,000 Gallant 33,170,000 Noble Grp 24,803,000 CapitaLand 18,484,000 Cosco Corp 18,135,000 VALUE($) HPH Trust US$ 172,826,303 Genting SP 157,073,700 DBS Grp 73,196,885 Keppel Corp 63,330,012 CapitaLand 62,897,060 UOB 54,912,670 SingTel
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    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Midas Holdings Ltd
        381 8 April 12 close: 79.5 cents DBS GROUP RESEARCH, April 12 MIDAS yesterday announced it has firmed up plans for its new plant in Luoyang City in Henan Province. It will invest 600 million yuan (S$ 115.2 million) to 650 million through Luoyang Midas to cover the capex
        Source: Bloomberg  -  381 words
      • Article, Illustration
        Lock icon Keppel Corporation
        324 8  -  April 12 close: $12.50 CIMB RESEARCH, April 12 Compiled by LYNN KAN KEPPEL’S customer, Standard Drilling, has two jack-up rigs being built by KepFels. It will be buying over the two jack-ups from another customer, Clearwater, according to Upstream. Standard Drilling has offered US$8.5 million cash and US$126
        Source: Bloomberg  -  324 words
      • Article
        Lock icon Glossary:
        122 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
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    • Article, Illustration
      Lock icon Yen surges as Japan upgrades emergency
      428 8 CURRENCIES AFP [TOKYO] The yen surged in Asia trade yesterday as Japan upgraded its nuclear emergency to a maximum seven on an international scale of atomic crises, as more aftershocks rattled nerves, dealers said. Risk-averse foreign investors unwound positions in the higher-yield-ing euro to
      AFP; BLOOMBERG FILE PHOTO  -  428 words
    • Article
      Lock icon RISES
      114 8 BY CENTS CLOSE UP DBXT DBLCI-OY 5US$ 4394 72.9 1.3 DBXT E50 10US$ 4657 70.4 1.2 DBXT FTVietnam 10US$ 3399 57.8 1.4 DBXT S&P Short 10US$ 4260 42.7 0.8 OCBC Bk 4.5%NCPS 100 ***** 14.0 0.1 SembMar.ES.1104 587 14.0 2.4 BMT 530 10.0 1.9 OCBC Bk 5.1%NCPS 100 *****
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    • Article
      Lock icon FALLS
      119 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-408.6 -2.4 DBXT MSKorea 10US$ 6194-250.2 -3.1 GLD 10US$ *****-123.2 -0.7 DBXT FTChina25 10US$ 3301 -89.3 -2.1 JSH 2740 -85.5 -2.4 Lyxor MS India 10US$ 1708 -62.9 -2.8 CIMBAsean40 100US$ 1031 -44.0 -3.3 DBXT CSI300 10US$ 1114 -41.5 -2.9 Asia Pac Brew
      119 words
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      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
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  • SINGAPORE NEWS
    • Article
      Lock icon Commercial property stays attractive
      544 9  -  Global direct commercial real estate investment volumes to rise to US$380b-US$400b this year, says JLL By KALPANA RASHIWALA GLOBAL direct commercial real estate investment volumes are expected to reach US$380 billion-US$400 billion for the whole of this year, up from last year’s US$318 billion, according to
      544 words
    • Article, Illustration
      Lock icon Four in 10 top global retail brands are in S’pore: poll
      422 9  -  Dubai ties with London as most popular retail city By UMA SHANKARI A SURVEY of 323 of the world’s top retailers showed that some 38 per cent of them are in Singapore. The 2011 edition of CBRE’s annual survey,
      PHOTO: AP  -  422 words
    • Article
      Lock icon SABio to fill biologics supply gap
      184 9 SPECIALISED biologics will soon be made right here in Singapore to service the booming biomedical science industry regionally. Newly launched biotech company Singapore Advanced Biologics (SABio) will focus on the design, synthesis and validation of specialised biologics or medicinal products, with an initial focus
      184 words
    • Article, Illustration
      Lock icon CFOs and business decision-making
      1245 11  -  MTQ’s CEO works closely with his finance team and taps on his CFO as a resource in making decisions, A NEW ROLE reports MICHELLE QUAH CFO TURNED CEO Kuah Boon Wee knows from personal experience the importance of top management tapping on the expertise of the
      1,245 words
    • Article, Illustration
      Lock icon New, extra role for Tracey Woon at Citi
      232 11  -  By REBECCA LIU CITIGROUP’s current global banking head for Singapore, Tracey Woon, has been appointed head of investment banking coverage for Asean. This is in addition to her current responsibilities as Citi’s global banking head for Singapore. In the newly-created role, Ms
      232 words
    • Article, Illustration
      Lock icon CFOs under more pressure to secure the right talent
      741 11  -  Finance function has bigger role now as commercially minded business partner By MICHELLE QUAH GIVEN the growing importance of the finance function in their organisations with many chief financial officers (CFO) now acting as the CEO’s right-hand man the training, development
      ACCA  -  741 words
    • Article
      Lock icon HDB carried out 7,000 flat inspections last year
      221 11 LAST year, the Housing and Development Board (HDB) stepped up enforcement against unauthorised subletting of public housing, carrying out 7,000 flat inspections in 2010 (up from 3,000 inspections in 2009). Of the 7,000 inspections conducted, approximately 1,800 inspections were the result of
      221 words
    • Article
      Lock icon Coal gasification could be a future feedstock option
      521 12  -  Chemical plants and utilities such as steam and power will benefit from it By RONNIE LIM SINGAPORE is literally leaving no stone unturned in its search for additional strategic feedstocks for the oil refining/petrochemicals industry on Jurong Island. It is now looking
      521 words
    • Article
      Lock icon Three A*Star researchers bag T-Up awards
      325 12  -  By MINDY TAN THREE researchers An Chengwu, Raymond Lim and Ronnie Teo were given recognition for upgrading the research capabilities of companies they were seconded to at the inaugural T-Up Excellence award yesterday. Held in conjunction with the annual GET-Up (Growing Enterprises with Technology
      325 words
    • Article, Illustration
      Lock icon Tom Hanks to grace red carpet at cinema event
      412 12  -  Star will attend ScreenSingapore’s closing night gala By DYLAN TAN TWO-TIME Academy Award winner Tom Hanks will grace the red carpet at the closing night gala of the inaugural ScreenSingapore, a week-long international cinema event which kicks off on June 5.
      REUTERS  -  412 words
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      510 9 Gold Stocks Bonds FX Gold C* Commodities FX Crosses FX Options Bonds ETCs CFDs 0 c, vCc. Bonds FX Commodities FX CFDs s <+, UUMUD I/\ Commodities FX crosses FX Options Gold FX RSQ <_ CFDs Stocks FTPC CTCC Futures FX CFDs ETFs TL le^CFDs V c, Futures FX CFDs
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      68 9 VVIP PREVIEW \N\v^ URBAN RESORT CONDOMINIUM y=~ Discover the epitome of luxury in the heart of Orchard 64 exclusive units of spacious 3/4 bedrooms and penthouses with private lift lobby Panoramic Day and Night City View From 2,121 sqft (3 bdrm) to 4,693 sqft (Penthouses) Call now to register for
      68 words
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      2798 10 Banyan Tree Holdings Limited (Incorporated in the Republic of Singapore) (Company Registration No. *****3108H) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Eleventh Annual General Meeting of the Company will be held at Ballroom 1 Lower Lobby, The Fullerton Hotel, 1 Fullerton Square, Singapore *****8, on Friday,
      2,798 words
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      2720 10 SWISSCO HOLDINGS LIMITED (Company Registration No. *****4711D) (Incorporated In the Republic of Singapore) NOTICE OF SEVENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SWISSCO HOLDINGS LIMITED (“the Company”) will be held at Republic of Singapore Yacht Club, 52 West Coast Ferry Road, Singapore *****7,
      2,720 words
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      40 11 All about financing and profit and everything in between March/April issue out now! Available at Esso, Shell and SPC petrol stations and all major bookstores To subscribe ($30 for six issues delivered to your office or home), please call 6388-3838
      40 words
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      2433 12 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Company Registration No. *****4341D (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of CarrierNet Global Ltd. will be held at Banquet Hall 3, 450 Jalan Ahmad Ibrahim, Raffles Country Club, Singapore
      2,433 words
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      241 12 CHINA ANIMAL HEALTHCARE LTD. 中 (Incorporated in Bermuda with limited liability) (Hong Kong Stock Code: 0940) (Singapore Stock Code: EP4) CLOSURE OF REGISTER OF MEMBERS The board of directors (the “Board”) of China Animal Healthcare Ltd. (the “Company”) hereby announces that the register of members of the Company will be
      241 words
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      2225 13 vV SUNNINGDALE TECH LTD (Company Registration No. *****8621R) (Incorporated in the Republic of Singapore) 51 Joo Koon Circle Singapore *****9 SunningdaleTech T+65 6861 1161 F+65 6863 4173 o Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Sixteenth Annual General Meeting of the Company will be held at
      2,225 words
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      2122 13 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ii It ft t PI 5] Superior Multi-Packaging Limited (Incorporated in the Republic of Singapore) (Company Registration No. *****2249R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty Second Annual General Meeting of Superior Multi-Packaging Limited will be held at
      2,122 words
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      4218 14 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ***** resources INTERRA RESOURCES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****0166Z) (Australian Business No. 37 129 575 275) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting ("AGM")
      4,218 words
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  • ECONOMY WATCH
    • Article
      Lock icon Bretton Woods revives old ghost of economics
      664 15 But this time, capital controls are seen as desirable against speculative flows Reuters [BRETTON WOODS] Call it Bretton Woods deja vu. Gathered at the site of the 1944 conference that worked up a global financial system post-World War II, leading economists and investors
      Reuters  -  664 words
    • Article
      Lock icon Top Fed officials call for continuation of stimulus programme
      497 15 Reuters [NEW YORK] Two of the Federal Reserve’s most powerful officials said on Monday the US central bank should stick to its super-easy monetary policy, arguing inflation is not a threat and unemployment remains too high. Underlying US inflation trends are
      Reuters  -  497 words
    • Article, Illustration
      Lock icon Strong A$ a burden on parts of economy: Swan
      347 15 Bloomberg [CANBERRA] Treasurer Wayne Swan said the appreciation of Australia’s currency was a burden on parts of the nation’s economy, echoing comments made by Prime Minister Julia Gillard last month. “A higher currency for Australia means that it has an impact
      Bloomberg  -  347 words
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      1167 15 BUY IT• SELL IT• FIND IT MATS "YTir^PQ Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES NEL GROUP LTD. Co. Reg No. *****2443R (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of NEL GROUP LTD. (“the Company”) will be held
      1,167 words
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      321 15 NANYANG TECHNOLOGICAL t.', UNIVERSITY Nanyang Business School Leadership begins with a anyang Executive Education Global Leadership for the Asian Century n N 1 Willie Wong Chairman Managing Director Frontken Corporation Group of Companies Liem Ay Ling} Head of Private Fundjjaising and Partnerships UNICEF Nguyen Le Quang Head, Office of the
      321 words
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  • SINGAPORE MARITIME WEEK 2011
    • Article, Illustration
      Lock icon A week to learn, build and discuss
      796 16  -  Expected to attract 17,000 people, S’pore Maritime Week will deal with issues including trade, piracy and green shipping, reports JOYCE HOOI reports JOYCE HOOI THE country’s largest meeting of maritime minds is happening, ironically, on land this week. By the time Singapore Maritime
      FILE PHOTO  -  796 words
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      Lock icon What’s exciting and challenging
      2122 17 THIS year, eight Singapore International Maritime Awards winners organised by the Maritime and Port Authority of Singapore will be recognised for their contributions to Singapore’s development as an international heavyweight maritime centre. BT speaks to the award winners to find out how they are reacting to
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      Lock icon Setting sail from Singapore
      1053 19  -  Three companies newly awarded with maritime incentives add strength to the Republic’s formidable maritime centre, reports JOYCE HOOI reports JOYCE HOOI SINGAPORE might have always been at the nautical crossroads for the maritime industry, but in recent years, it has set its sights beyond the ships
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      192 16 NGAPORE iiyiai 1 INTERNATIONAL MARITIME AWARDS 2011 Redefining Excellence in Maritime Achievements The Singapore Maritime Foundation (SMF) and the Board of Directors extend our heartiest congratulations to all winners of the Singapore International Maritime Awards 2011. The Awards epitomizes excellence in maritime achievements, and this year's winners are truly deserving
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      80 17 Braemar Seascope Pte Ltd One of the largest most respected chartering, sale and purchase shipbroking and consulting companies in the world Operating from a network of offices in all the major shipping centres, serving clients with interests in oil and gas, raw materials, containers, grain, petrochemicals, mining, banking and many
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      177 18 CONGRATULATIONS; VJ V r r !Vi ii I otmmHiia t UK I lit J l< *«L I II Kl UK I 111 w 9 aWHK! NO SHOKINO i— B n■* —j SLJ ii/iti ritu :r KAB ■(£> Singapore First Double Hull Bunker Barge in 2004 Si i A «■««*«< f<
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      50 19 Who can Partner me in developing oilfields in the world's deepest seabeds, Operate with confidence in the harshest environments, With the experience I need to manage the most complex projects anywhere in the world? We can BS\ t\ i i > s Together We Deliver AMC Energy Marine Production EMAS
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      1417 20 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg (Company Reg.No.*****1169E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVENTHAT the Annual General Meeting of INTERNATIONAL PRESS SOFTCOM LIMITED will be held at 26 Kallang Avenue, Conference Room, Level 2 International Press Building, Singapore *****7 on
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      2897 20 AEI CORPORATION LTD. (Incorporated in the Republic of Singapore) Co. Registration No. *****0506G (the“Company”) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of AEI Corporation Ltd., will be held at 12 Penjuru Lane, Jurong Town Industrial Estate, Singapore *****2 on Thursday, 28 April 2011
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      1414 20 a HARRY'S HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Company Registration Number: *****7226K) (the "Company") NOTICE OF SIXTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of Harry's Holdings Ltd. will be held at Upstairs Harry's, 28 Boat Quay, Singapore-*****8 on Friday, 29 April
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  • MALAYSIA
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      514 21  -  Invest Malaysia does little to excite delegates; PM’s speech focuses on economic programmes By PAULINE NG in Kuala Lumpur THERE was little “fizz” at Malaysia’s annual investor conference yesterday, the impending Sarawak state election perhaps uppermost on most minds. Accustomed to a shebang of new measures
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      Lock icon Felda to list sugar business on Bursa, says PM Najib
      237 21 Bernama [KUALA LUMPUR] Felda Group’s commercial arm, Felda Global Ventures Holdings Sdn Bhd, will list its sugar business Malayan Sugar Manufacturing Co Bhd on the main board of Bursa Malaysia in July, Prime Minister Najib Razak announced yesterday. The first
      Bernama  -  237 words
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      Lock icon Xinhua to set up regional HQ in KL
      334 21  -  It’ll put in RM200m, according to M’sian investment agency By S JAYASANKARAN in Kuala Lumpur XINHUA, the official news agency of the People’s Republic of China, will invest RM200 million (S$83 million) to make Kuala Lumpur its regional headquarters for Asia, Jalilah
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      Lock icon KL to sell RM30b of railway sukuk
      210 21 Bloomberg [KUALA LUMPUR] Malaysia plans to sell as much as RM30 billion (S$12.48 billion) of local-currency Islamic bonds under a programme to help finance a mass-transit railway in Kuala Lumpur, a government official said. A special financing vehicle will be formed by the
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      2509 21 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. HONG FOK CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****0468N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Forty-Third Annual General Meeting of HONG FOK CORPORATION LIMITED will be held at the Company's Registered Office at
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      4689 22 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg UNITED FIBER SYSTEM LIMITED (Company Registration No. *****8589E) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of United Fiber System Limited (“the Company”) will be
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      36 22 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices MATS NOTICES Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices MATS NOTICES
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  • GREATER CHINA
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      Lock icon China rebuts US-proposed limits on current account
      489 23 Chinese official says such curbs overlook right of nations to develop and grow Reuters [BEIJING] A US-proposed target to limit countries’ current account imbalances is a “political tool” aimed at containing China’s economic growth, China Vice-Finance Minister Li Yong said yesterday. In what
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      263 23  -  By LYNETTE KHOO [HONG KONG] Senior Minister Goh Chok Tong kickstarted his visit to Hong Kong and China yesterday with a meeting with Tung Chee-hwa, vice-chairman of the Chinese People’s Political Consultative Conference National Committee, in Hong Kong. He later met Hong Kong
      CHINESE PEOPLE'S POLITICAL CONSULTATIVE CONFERENCE  -  263 words
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      3918 23 MATS £0 NOTICES BUY IT• SELL IT• FIND IT Toll free: 1800-289-8822 Email: notices@sph.com. NOTICE IS HEREBY GIVEN that the 2011 Annual General Meeting of Penguin International Limited (the “Company”) will be held on Thursday, 28 April 2011 at 11.30 a.m. at 18 Tuas Basin Link, Singapore *****4, to transact
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      1993 24 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg YAMADA GREEN RESOURCES LIMITED (Company Registration No. *****2962E) (Incorporated in the Republic of Singapore) NOTICE OF FIRST ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the First Annual General Meeting of Yamada Green Resources Limited (the “Company”)
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      145 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF (1) REN DE PTE. LTD. Company Registration No: *****5214R (2) S. M. CHUA NOMINEES PTE. LTD. Company Registration No: *****1789M (IN MEMBERS’ VOLUNTARY LIQUIDATION) NOTICE OF FINAL GENERAL MEETING Notice is hereby given pursuant to Section
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      2252 24 AEM HOLDINGS LTD. Registration Number: *****6417D (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the 2011 Annual General Meeting of the members of the Company will be held at 52 Serangoon North Avenue 4 Singapore *****3 on Friday, 29 April 2011 at
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  • INDIA
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      Lock icon Mumbai to build bridge worth 110b rupees
      633 25 The 22-km link will connect the island city with the Navi Mumbai district Bloomberg [MUMBAI] Mumbai intends to begin work next year on a bridge costing as much as 110 billion rupees (S$3.1 billion) as it acts on an idea first proposed in
      Bloomberg  -  633 words
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      Lock icon Indian pharma firms in battle for generic riches
      416 25 Reuters [BANGALORE] Indian makers of generic drugs have a fight on their hands as they scramble for access to the US$100 billion worth of drugs coming off patent over the next two years. Fierce competition and lawsuits from rival generic firms, a
      Reuters  -  416 words
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      2812 25 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ALBEDO LIMITED (Company Registration No. *****5118M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of the Company will be held at 2 Corporation Road, #06-04 Corporation Place, Singapore *****4 on Thursday, 28 April 2011 at 3.00
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      3352 26 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg (Registration No.*****3096C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of PETRA FOODS LIMITED (Company) will be held at Grand Hyatt Singapore, Magnolia 4, Level 3,10 Scotts Road,Singapore *****1 onThursday,28 April
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      5195 27 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg EUROPTRONIC GROUP LTD (Incorporated in Singapore) (Co. Reg. No: *****9775K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of EUROPTRONIC GROUP LTD (the “Company”) will be held at The Conference Room,
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  • WORLD
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      Lock icon Euro firms post largest profit rises in 6 years
      588 28 Stock strategists now almost twice as bullish as their US counterparts Bloomberg [LONDON] European companies are reporting the biggest profit rise in six years as the region’s economic expansion overcomes the sovereign debt crisis, making stock strategists almost twice as bullish
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      Lock icon UBS fined for playing down Lehman risk
      321 28 Reuters [NEW YORK] UBS AG was ordered by Wall Street’s brokerage regulator to pay nearly US$11 million to settle charges it misled customers about the risks of owning Lehman Brothers debt in the months before the US investment bank went bankrupt. The Financial
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      Lock icon Lehman not likely to get approval for payment plan
      358 28 Bloomberg [NEW YORK] Lehman Brothers Holdings Inc’s US$61 billion payment plan is “highly unlikely” to win approval and contains “gifts” to bondholders that other creditors have not approved, said a group of derivatives creditors including Goldman Sachs Group and Silver Point
      Bloomberg  -  358 words
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      Lock icon BP billed for things with remote link to spill clean-up
      643 32 Millions spent on vehicles, gadgets, and rock concerts to promote beaches AP [NEW ORLEANS] In the year since the Gulf oil spill, officials along the coast have gone on a spending spree with BP money, dropping tens of millions of
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      Lock icon Glencore plans IPO of up to US$11b: source
      500 32 Price range for IPO in London, HK said to be out on May 4 Bloomberg Reuters [LONDON] Glencore International AG, the world’s largest commodities trader, plans to raise as much as US$11 billion from an initial public offering (IPO) in London and
      Bloomberg; Reuters  -  500 words
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      Lock icon Winklevoss twins lose appeal against Facebook founder
      433 32 Reuters [SAN FRANCISCO] Mark Zuckerberg has won a legal battle against former Harvard classmates who accused him of stealing their idea for Facebook, but the feud made famous on the silver screen is not over yet. Cameron and Tyler Winklevoss must accept a
      Reuters; REUTERS  -  433 words
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      Lock icon Junk bond sales in Europe set for record year
      552 33 Even firms from the most troubled nations issue 4 times as much debt Bloomberg [LONDON] Europe’s junk bond market is set for a year of record sales, with even companies from the region’s most troubled nations issuing four times as much
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    • Article
      Lock icon Valeant willing to up US$5.7b Cephalon bid
      457 33 Reuters [TORONTO] Vale ant Pharmaceuticals International Inc said on Monday it might be willing to increase its US$5.7 billion offer to buy Cephalon Inc if the US drugmaker opens its books to allow due diligence. Valeant announced an unsolicited takeover bid for Cephalon
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      Lock icon Woori investment banking chief backs industry consolidation
      387 33 Bloomberg [SEOUL] Woori Investment Securities Co, the No 2 takeover adviser in South Korea this year, voiced support for the government’s push for consolidation of investment banking. “Economy of scale is a must to boost the Korean brokerage industry’s competitiveness,” Jeong Young Chae,
      Bloomberg  -  387 words
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      Lock icon Bankers’ threats to leave London may be neutralised
      673 34 Reform report by commission chair didn’t force banks to separate their ops Bloomberg [LONDON] Independent Commission on Banking chairman John Vickers may have neutralised threats by lenders including Barclays plc and HSBC Holdings plc to quit London. Commission chairman Mr Vickers on
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      Lock icon Middleman in US insider trading case pleads guilty
      422 34 Reuters [NEWARK] A mortgage broker who secretly recorded two friends accused of trying to cover up one of the biggest US insider trading cases on record pleaded guilty to involvement in the 17-year scheme. Kenneth Robinson, 45, admitted to being a middleman
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    • Article
      Lock icon Income declarations show Putin out-earns Medvedev
      307 34 Reuters [MOSCOW] Prime Minister Vladimir Putin last year earned one-third more than his partner in Russia’s ruling tandem, President Dmitry Medvedev, whose wife revealed she has no savings and owns a decade-old Volkswagen. Mr Putin, who ruled as president from 2000 to 2008 before
      Reuters  -  307 words
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      Lock icon Here’s how to beat the Street: Stay away
      1026 35 Canadian fund manager eschews momentum plays for quantitative analysis Bloomberg [TORONTO] Brian Acker, the Toronto-based manager of a fund that buys large US companies and beat 94 per cent of peers in the past year, says he’s found the secret to beating
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      Lock icon NYSE capitalising on American icon status
      1034 38 It’s undergoing renovations to be popular venue for events, festivities AP [NEW YORK] What do you do when a cathedral of capitalism becomes antiquated? You turn it into New York’s best party space. The New York Stock Exchange has lost most of its famous
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      Lock icon Aussie business confidence falls
      217 40 Index drops to nine in March from 14 in Feb, survey shows Bloomberg Reuters [SYDNEY] Australian business confidence declined in March, led by weakness in retail and construction industries, a private report showed. The confidence index dropped to nine from 14 in February, according to a
      Bloomberg; Reuters  -  217 words
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      Lock icon Strains over China exports ahead of BRICS summit
      678 40 But grouping likely to act collectively as counterweight to West in trade talks Reuters [BEIJING] Cheap Chinese exports have decimated Brazil’s shoe industry and South Africa’s textile sector. India has slapped an-ti-dumping duties on an array of Chinese goods. Russia is sparring
      Reuters; REUTERS  -  678 words
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      Lock icon Medvedev to focus on China investment
      468 40 Russia to trade its energy resources for industrial cooperation Bloomberg [MOSCOW] President Dmitry Medvedev will seek to use Russia’s energy might to win Chinese investment in his drive to modernise the nation’s economy as he travels to China this week for the annual summit
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      Lock icon Renault COO loses job in spying scandal
      530 41 Top security officer and 2 of his colleagues get the sack, 2 other execs relieved of duties AP Bloomberg [PARIS] One of Renault’s top executives will lose his job amid a wide-scale corporate shakeout following a deeply embarrassing scandal that saw France’s partially
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      Lock icon Trade gap falls in February as trade contracts
      414 42 The gap totalled US$45.8b, down from an estimate of US$47b in January LATEST US DATA Reuters [WASHINGTON] The US trade deficit shrank in February as imports fell more than exports, according to a government report yesterday that suggested a slowdown in global
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      Lock icon US lawmakers reach agreement on US$38b in budget cuts
      512 42 Bloomberg [WASHINGTON] The US Environmental Protection Agency, high-speed rail, and law enforcement are among the programmes that would get reduced funding as part of a budget deal to avert a government shutdown, according to legislation unveiled yesterday that identified specific cuts.
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      Lock icon Allied Irish Banks to axe over 2,000 staff
      422 42 AFP [DUBLIN] State-rescued Allied Irish Banks (AIB) said yesterday that its net losses ballooned to 10.4 billion euros (S$ 18.9 billion) in 2010, adding that it planned to axe more than 2,000 jobs by the end of next year. “On a continuing
      AFP; AP  -  422 words
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      Lock icon ‘Shadow’ banks dragged into the light by regulators
      423 42 Reuters [LONDON] A crackdown by global financial regulators on the “shadow” banking system may include bonds and structured financial products but share trading and currency transactions will be excluded. The Financial Stability Board (FSB), charged by world leaders to find ways of
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      Lock icon Cisco to shut down Flip video camera business
      529 43 This is part of move to exit aspects of its consumer businesses and focus on other priority areas AFP Reuters AP [NEW YORK] US networking giant Cisco announced yesterday it is shutting down its Flip video camera business, which it bought two
      AFP; Reuters; AP  -  529 words
    • Article
      Lock icon Thaksin’s sister could be party’s candidate for PM
      494 43  -  If elected, she will be Thailand’s first female PM By LEE U-WEN [SINGAPORE] As election fever heats up in Thailand, the youngest sibling of ousted former premier Thaksin Shinawatra has emerged as the front-runner to be her party’s candidate for the prime
      494 words
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      2629 28 S NOTICES BUY IT-SELL IT-FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg m BRIGHT WORLD PRECISION MACHINERY LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: *****9453N NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of BRIGHT WORLD PRECISION MACHINERY LIMITED (the "Company") will
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      1013 28 WATS 0 NOTICES VGO (Incorporated in the Republic of Singapore) Registration no. *****1388D NOTICE OF VGO Corporation Limited Annual General Meeting NOTICE IS HEREBY GIVEN that an Annual General Meeting of the Company will be held at Boardroom, No. 10 Changi South Lane, #07-01, Singapore *****2 on 28 April 2011
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      3289 29 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg (Incorporated in Singapore on 9 January 2003) (Company registration no. *****0326D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Net Pacific Financial Holdings Limited (the “Company”) will be held at
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      2992 30 SUNVIC CHEMICAL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****6502E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Suntec Singapore International Convention Exhibition Centre, 1 Raffles Boulevard, Meeting Room 313, Level 3, Singapore
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      1882 30 JK YAMING INTERNATIONAL HOLDINGS LTD (Company No. *****6353N) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at The Gallery, Level 4 Paramount Hotel, 25 Marine Parade, Singapore *****6 on Thursday, 28 April
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      1167 31 PSL Holdings Limited (Company Registration No. *****7022K) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of PSL Holdings Limited (“the Company”) will be held at 58 Sungei Kadut Drive Singapore *****2 on Thursday, 28 April 2011 at 10.00
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      37 31 3. The instrument appointing a proxy must be lodged at the Company’s not less than 48 hours before the time appointed for the EGM.The completion and return of the proxy form by a member will not prevent
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      304 32 IMJ JACKPOT V f 4 T v. CO CO r\ TOMORROW 18 For details, visit www.singaporepools.com.sg Towards Community Purpose and Benefit I SINGAPORE m D n n i c WINE DINE AND HOSPITALITY if* a;. S A A l, .A Savour a springtime showcase of fresh, natural flavours at Zambuca.
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      112 33 Trends MARKETS get thinking FX/CFD trading Trade Singapore share CFDs with 0.15% commission and Direct Market Access SiMSCI GflGR SlR 1S.5H nobg 2.( STEU iK> Guaranteed market price for all Singapore and global share CFDs. Award-winning online platform with Direct Market Access. No GST, no exchange fees, no clearing fees
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      2383 34 S NOTICES BUY IT• SELL IT• FIND 11 Toll free: 1800-289-8822 Email: notices@sph.com.sg 0 ORCHARD PARADE HOLDINGS LIMITED (Registration No.: *****0511H) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-third Annual General Meeting of Orchard Parade Holdings Limited (the "Company") will
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      23 34 Higher FD rates lure more Hongkongers to save in yuan in mainland banks 定港 To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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      1620 35 SEROJA INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) (Company Registration no. *****0847M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of Seroja Investments Limited (“the Company”) will be held at RELC International Hotel, 30 Orange Grove Road, Singapore *****2 on 28 April 2011
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      1551 35 LIANG HUAT ALUMINIUM LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: *****3779D) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Blk 8, 1st Floor Liang Huat Industrial Complex, 51 Benoi Road, Singapore *****8 on Thursday,
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      4857 36 MATS <£P NOTICES BUY IT• SELL IT• FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg to ASIASONS WFG ml s si m m ASIASONS WFG FINANCIAL LTD. Company Registration No. *****4762G (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting
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      2100 37 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Company Registration No. *****1967K (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 22nd Annual General Meeting (AGM) of Raffles Medical Group Ltd (the Company) will be held at
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      2420 38 BEATS NOTICES T-SELL IT-FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg SOUP RESTAURANT GROUP LIMITED (Incorporated in the Republic of Singapore on 20 July 1991) (Company Registration No.: *****3597Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Soup Restaurant Group Limited (“the Company”) will
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      4042 39 MATS <£P NOTICES BUY IT• SELL IT• FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg ANNAIKLIMITED (Co.Reg.No.*****2066M) (IncorporatedinSingaporewithlimitedliability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of AnnAik Limited (“the Company”) will be held at 135 Pioneer Road, Singapore *****9 on Thursday, 28 April 2011
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      1783 40 WATS NOTICES BUY IT• SELL IT• FIND IT CHINA TAISAN (Company Registration No: *****1863D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of China Taisan Technology Group Holdings Limited will be held at Meeting Room 311, Level 3
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      1557 40 NOTICES BUY IT SELL IT FIND IT ASIAENV ASIA ENVIRONMENT HOLDINGS LTD. (Company Registration Number *****4778C) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Asia Environment Holdings Ltd. ("the Company") will be held at Sphere 1, Lobby
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      4243 41 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg (Incorporated in the Republic of Singapore) (Reg. No. *****6356W) Notice of the Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Meeting Room 308, Level 3 Suntec Singapore International Convention Exhibition Centre, 1
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      1435 42 MATS NOTICES #jC H ■FuYu FU YU CORPORATION LIMITED Company Registration No. *****4601C (Incorporated In The Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Fu Yu Corporation Limited ("the Company") will be held at Bridge Rooms, Level 2, Raffles Marina,
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      1161 42 NOTICES BUY IT- SELL IT- FIND IT ?hlf 3 S IE SUNMART HOLDINGS SUNMART HOLDINGS LIMITED (Company Registration No. *****0432W) (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sunmart Holdings Limited (the "Company") will be held at
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      1735 43 :»AT^ NOTICES BUY IT• SELL IT• FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg +`;*)[~.+\"*'?+_^"*|<^@<=,?$:.) Notice of Seventh Annual General Meeting C? YOUCAN FOODS INTERNATIONAL LIMITED (Incorporated In The Republic of Singapore with limited liability) (Company Registration No. *****1338W) NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of Youcan
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  • EDITORIAL & OPINION
    • Article
      Lock icon Reits need higher standards of governance
      459 44 EDITORIAL CORPORATE governance failure in Singapore-listed companies have been well catalogued. Indeed, the recent slew of accounting irregularities reported by several firms have served as a reminder that some key fundamental issues including ineffective boards and board committees, insufficient oversight and weak internal controls
      459 words
    • Article, Illustration
      Lock icon Beijing’s human rights record may be deteriorating
      746 44  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter@FrankChing1 THE US has released its latest reports on human rights practices of countries around the world, with Chinese officials being severely cited for cracking down
      746 words
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      Lock icon M&As: Are you a valuecreation negotiator?
      1052 44  -  Effective negotiation is about skilfully creating sustainable and mutual value for all parties By MICHAEL BENOLIEL The writer is an associate professor of organisational behaviour and human resources practice at Singapore Management University and teaches negotiation. He is the author, co-author and editor of
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      Lock icon Why the flow to M’sia dried up
      1108 45  -  The country has become less attractive for investments By G SIVALINGAM The writer is visiting senior research fellow at the Institute of Southeast Asian Studies (ISEAS), Singapore. The views expressed are his own and do not represent the views of the institute. INVESTMENT
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    • LETTERS TO THE EDITOR
      • Article
        Lock icon Shanghai Asia Hldgs transaction is above board
        459 45  -  David Gerald President/CEO Securities Investors Association (Singapore) I REFER to my telephone interview with Felda Chay of The Business Times on April 3, 2011, which was published in the article “SIAS blasts Shanghai Asia board over sale of businesses” (BT, April 4). My
        459 words
      • Article
        Lock icon Firms should cover postage for annual report requests
        200 45  -  Denis Distant MANY Singapore Ex-change-listed companies cut costs by not sending printed copies of annual reports, though some send a summary report together with a form to be used if a shareholder would like a printed copy of the full report. But
        200 words
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      Lock icon Push for super-agency to fight India corruption
      986 45  -  G PANICKER WILL India get an all-pow-erful corruption watchdog? It was agreed last week that a joint committee of ministers and representatives of civil society organisations will produce a draft Bill providing for such an agency by end-June. India’s Parliament is then to
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  • TransportHUB
    • Article, Illustration
      Lock icon Call for sustainable shipping rates
      583 46  -  A rate war hurts industry as bunker prices hit multi-year highs, forum told MARITIME WEEK Reports by LYNN KAN OVERSUPPLY of container vessels have kept a lid on freight rates, which this week grazed multi-year lows. However, engaging in a “rate war” is a race
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    • Article
      Lock icon Consolidation among shipping lines seen
      354 46 THE Asia Pacific CEO of the world’s largest container shipping line, Maersk Line, expects consolidation within the container ship industry, with large carriers driving scale economies that will make it hard for smaller carriers to compete. “But whether or not it’ll be bigger carriers acquiring
      354 words
    • Article
      Lock icon Proving the obvious, for more safety
      902 46  -  An experiment to show that a three-watch system is better STRAIT TALK By DAVID HUGHES SOMETIMES, it seems, it is necessary to prove the blindingly obvious. Last week, I had an inside view of an experiment designed to do just that. This is all
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    • TRANSPORT HUB: SHIPPING
      • Article, Illustration
        Lock icon Rio Tinto, BHP lining up record profits
        794 47 Australia’s iron ore exports forecast to rise 5.5%, prices to gain 12% this year Bloomberg [LONDON] Rio Tinto Group and BHP Billiton Ltd will report record profits this year as Australia ships more iron ore than ever and still fails to meet Chinese
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      • Article
        Lock icon TRANSPORT ST0CKS
        278 47 SGX '000 Apr 12 S$ +/-Vol CH Offshore 0.45 0.01 15 Chuan Hup Hldg unch unch 0 Cosco Corp 2.24 -0.01 ***** CWT Ltd 1.35 -0.01 3226 Ezra Hldgs 1.76 -0.03 3787 First Ship Lea 0.41 0.01 585 Freight Links 0.07 -0.01 169 Grand Banks unch unch 0
        278 words
    • TRANSPORT HUB: AVIATION
      • Article
        Lock icon Relief-flight operators see demand surge
        832 48 Their services are being sought after due to quakes, political uprising Bloomberg [LONDON] Hours after last month’s Japanese earthquake, phones began ringing at the UK base of the world’s largest aircraft broker. Less than a day later and Chapman Freeborn had dispatched a Boeing Co
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      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        3285 48 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1300 SQ456 1245 EY470 2220 NH6370 2220 VA7470 2220 Adelaide LH9771 1745 9W4082 2225 SQ278 1745 AF8088 2225 VS7278 1745 AY5011 2225 BA7382 2225 --JL7893 2225 MU8439 2225 QF82 2225 --LH9770 2350 SQ279 2350 VS7279 2350 Ahmedabad NH6293
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        Lock icon Boeing’s largest freighter flying in soon
        830 48 AP [NEW YORK] The biggest version yet of Boeing’s iconic 747 could soon be flying into airports that have never seen aircraft that large, raising hackles among some airport neighbours. Medium-size airports in Toledo, Ohio; Rockford, Illinois, and Huntsville, Alabama, are among those asking
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      • Article, Illustration
        Lock icon Embraer to sell 35 commercial jets to China
        295 48 Brazil seeks more cooperation between Embraer and Avic Bloomberg [BEIJING] Brazil’s Embraer SA will sell China as many as 35 of its 190 commercial jets and was likely to sign a deal yesterday to make Legacy executive jets locally, chief executive officer
        Bloomberg  -  295 words
    • TRANSPORT HUB: LAND
      • Article, Illustration
        Lock icon China may zip past US as Lamborghini's top market
        631 49  -  Surge in sales seen consistent with growing appetite for super sports cars Reports by SAMUEL EE [SINGAPORE] China may overtake the US as Lamborghini’s single biggest market in 2011 if the American economy doesn’t recover soon. The United States has traditionally
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      • Article
        Lock icon But China’s market potential not infinite
        408 49 Executive cites ceiling due to customs duty, taxes [SINGAPORE] The Chinese market may be booming for Lamborghini but “it does not have infinite potential”, says Christian Mastro, general manager of Automobili Lamborghini Asia-Pacific. “China is big but there is a ceiling because of customs
        408 words
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      1052 46 CHINA AUTO ELECTRONICS GROUP LIMITED (Incorporated in Bermuda) (Registration No. *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Siloso Ballroom 4, Shangri-La’s Rasa Sentosa Resort, 101 Siloso Road, Sentosa, Singapore *****0 on 29 April 2011 at
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      42 46 Tuck into THE GREAT outoockCHARITY CEO Feast on great hawker fare prepared personally by S’pore’s top bosses Feel good because all proceeds go to charity When: Every Friday (7-10pm) Where: Food Republic Beer Garden at St James Power Station the new paper
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      2504 47 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SAMKO TIMBER LIMITED (Company Registration No.: *****7815M) (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Samko Timber Limited (“the Company”) will be held at Parkroyal on Beach Road, Singapore, Plaza
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  • Page 48 Miscellaneous
    • Miscellaneous
      Lock icon Page 48 Miscellaneous Column 1
      324 48 CRYPTIC CROSSWORD Across 1 Crew approaching ship’s hold (7) 5 Authoress of play featuring Romeo (7) 9 Rest with case of scarlet fever, perhaps (9) 10 Rod’s swagger (5) 11 Bowl while protected by box? (5) 12 Dismembering insects, it could be his speciality (9) 13 ‘Marine! Get moving, bud!’
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      2728 49 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg LIZHONG WHEEL GROUP LTD. Company Registration No. *****7196C (Incorporated in Singapore with limited liability) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Lizhong Wheel Group Ltd. (“the Company”) will be held at at Meeting Room 207,
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8437 50 Transaction date: Apr 12 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 21 14.5 8Telecom 17.5cd +0.5 50 17.5 17.5 17 18 7.8 3.5 3.7 83.8 12 4.5 A-Sonic 7.5 unch 595
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      Lock icon SGX CATALIST
      1570 51 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 7 4 t AA Grp 4.5 4 5 21.4 4.3 225 145 t APStrategic 170 161 173 100.9 1.5 0.5 t Advanced System 0.5
      1,570 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9699 51 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.4/ APS Alpha Fund (USD)!** 1.11/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.934/0.934 AXA Wealth Mgt S'pore Pte Ltd AXA WM
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    • Article
      Lock icon GLOBALQUOTE
      247 51 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A52 52 53 3.6 6.7 4.2 135.4 55 16 Genting HK US$ US42.5 -0.5 7961 42.5 42 42 42.5 2798.4 21 10 Over&Gen A14
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    • Article
      Lock icon SGX ETF
      859 51 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 111.5 unch 2 111.5 111.5 109 112 509 1075 761 CIMBAsean40 100US$ US1031xd -35 60 1046 1031 1030 1031 41.2
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 52 In local curr In S$ In US$ dy yr dy yr dy yr Apr 11 Index Change Change Change Change Change Change World Index Preliminary 932.5 0.0 3.9 0.0 3.6 0.1 5.7 EAFE Preliminary 813.4 -0.2 1.6 -0.1 2.9 0.0 5.0 Europe Preliminary 1209.0 -0.2
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    • Article
      Lock icon INTERBANK RATES
      178 52 Apr 12 $S Offer Bid 0vernight 0.01 par 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.25 0.15 1 month 0.34 0.24 2 months 0.38 0.28 3 months 0.43 0.33 6 months 0.55 0.45 9 months 0.80 0.60 12
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 52 Apr 12 S$ Bid Offer 1-month 1.2571 1.2575 2-months 1.2571 1.2574 3-months 1.2570 1.2573 6-months 1.2567 1.2570 Source: OCBC
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    • Article
      Lock icon SICOM FUTURES
      131 52 Apr 12 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 11 605.0 605.0 605.0 1 Jun 11 602.7 Jul 11 595.7 Aug 11 589.8 Sep 11 561.5 Oct 11 560.0 Nov 11 560.0 Dec 11 558.0 557.0 557.0
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    • Article
      Lock icon GOVERNMENT SECURITIES
      81 52 Apr 12 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 14.07.2011 0.25 1-Year BY*****N 01.11.2011 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.31 102.35 102.33 5-Year N*****0W 1.125 01.04.2016 100.09 100.22 100.20
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    • Article
      Lock icon CHICAGO BOT
      107 52 Apr 11 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 11 1368.00 1392.25 1406.50 1364.00 Jul 11 1379.75 1403.75 1417.75 1375.25 Aug 11 1381.25 1404.00 1418.00 1377.00 Sep 11 1381.75 1401.00 1410.25 1377.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 11 58.82
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 52 CRUDE OIL PRODUCTS Apr 11 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 125.27 0.07 WTI (Near Mth) 109.42 -3.45 Dubai (1-Mth F) 118.13 1.60 Tapis blend 133.49 1.95 Minas 129.89 1.95 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 115.94 0.50 Jet Kerosene 142.65 1.70 US$/barrel Opec Oil
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2670 52 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 23 -1 185 1 10 -10 1.59 55 Asia-Pacific Strategic W*****6 24 1 150 2 7.08 37 ASJ Hldgs W*****1 1.5 1 4 10 3.33 10 AlliedTech W*****2
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 52 Apr 12 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.359 1.283 Can dollar 1.337 1.286 Euro 1.846 1.775 Sterling pound 2.091 2.011 NZ dollar 1.011 0.963 US dollar 1.276 1.227 Local dollars to 100 units of foreign
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    • Article
      Lock icon STOCK INDEX FUTURES
      27 52 Apr 12 Open High Sett STI Apr 3122 SIMSCI Apr 371.7 372.9 369.6 Taiwan Apr 314.4 314.9 308.8 Source: MF Global (S) Pte. Ltd
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    • Article
      Lock icon PALM OIL
      65 52 Apr 12 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 11 3409 3420 3420 3395 100 773 May 11 3372 3397 3399 3360 1288 ***** Jun 11 3360 3373 3388 3345 ***** ***** Jul 11 3352 3372
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      463 52 Apr 12 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.7050 0 2143 Sep11 99.6050 0 3489 Dec11 99.4200 0 2668 Mar12 99.1400 0 152 EUROYEN TIBOR FUTURES Jun11 99.6750 99.6750 99.6725 99.6725 0 3829 Sep11 99.6700 52 1173 Dec11 99.6625 0 1991 Mar12 99.6450 99.6450
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    • Article
      Lock icon INTERBANK CROSS RATES
      464 52 Apr 12 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.003 6.856 0.726 8.145 46.279 90.718 0.884 11.443 3.173 1.338 88.559 45.241 1.318 7.023 0.946 30.480 31.587 0.643 1.048 Canada 0.997 6.836
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    • Article
      Lock icon SIBOR
      85 52 Apr 12 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon PRECIOUS METALS
      136 52 Apr 11 GOLD (US$/oz) Apr 12 Apr 11 Hong Kong 1463.00 1473.50 Apr 11 Apr 08 London 1469.50 1470.29 1470.25 1471.06 Source: Thomson Reuters CAST BAR Apr 12 (S$) Selling Buying Kilobar 63,272.31 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 142 59 5gm 402 295 10gm 719
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    • Article
      Lock icon LONDON METALS
      71 52 Apr 11 Apr 11 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2657.75 2683.00 3 months 2688.00 2712.00 Copper, Grade A (US$/tonne) Cash 9836.50 9855.50 3 months 9855.00 9875.00 Lead (US$/tonne) Cash 2924.50 2922.50 3 months 2855.00 2850.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 52 Apr 12 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3172 1.3179 1.0477 1.0480 Canadian dollar 1.3131 1.3141 1.0445 1.0450 Euro 1.8138 1.8151 1.4427 1.4434 NZ dollar 0.9844 0.9853 0.7830 0.7835 Sterling pound 2.0495 2.0504 1.6302 1.6305
      154 words
    • Article
      Lock icon LIFFE
      82 52 Apr 11 COCOA (£/tonne) Close Prev High/Low May 11 1914 1898 1953/1890 Jul 11 1910 1889 1938/1880 Sep 11 1922 1904 1950/1902 Dec 11 1935 1915 1959/1914 COFFEE (US$/tonne) Close Pev High/Low May 11 2427 2468 2468/2425 Jul 11 2426 2447 2440/2411 Sep 11 2449 2472 2463/2439 Nov 11
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  • Article
    Lock icon SHIPPING TIMES
    5641 53 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination SIAM JADE Muscat/Sharjah/Doha/Bahrain/Dammam
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  • Page 53 Advertisements
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      46 54 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE _THE BUSINESS TIMES SHIPPING TIMES +,-[*',%:%>(:!*\']!^@$<\@'*"&|[ FREIGHT FORWARDER urgently needed by shippers I Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327
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  • executive Money
    • Article, Illustration
      Lock icon Long-term view needed for returns
      520 55  -  The crisis appears to have helped nudge clients toward weighing investments with a risk/reward view, reports GENEVIEVE CUA reports GENEVIEVE CUA EQUITYvaluationsare currently attractive, but private clients should take a longer term view if they are to benefit in the long term, says SG Private
      520 words
    • Article
      Lock icon Sticking by rosy predictions for the stock market
      701 55 NYT [NEW YORK] Predicting the future is a tough business, particularly when unexpected events make your crystal ball look more like a snow globe. But the group of strategists and advisers polled for this column in January are so far sticking to
      NYT  -  701 words
    • Article, Illustration
      Lock icon Hot commodities call for caution
      1109 56 Conditions seem too good to be true for these markets, so it’s better not to chase the current rally and to wait for the next one NYT [NEW YORK] A PERFECTLY unfortunate combination of circumstances has been underpinning the global commodity markets. High fiscal deficits
      NYT; AFP  -  1,109 words
    • Article
      Lock icon The rise and fall and rise again of the mutual fund industry
      1033 56 NYT [NEW YORK] It’s an old Wall Street pitch: Trust us, we’re experts. The notion that it takes a pro to pick stocks has made a lot of money for the US mutual fund industry US$46.9 billion on
      NYT  -  1,033 words
    • Article
      Lock icon Picking stocks to keep ahead of inflation
      909 57 NYT [NEW YORK] If investor behaviour foreshadows what’s in store for the economy several months down the road, inflation could be a bigger threat than government figures now suggest. The current numbers paint a rather benign picture, as core inflation in the United
      NYT  -  909 words
    • Article, Illustration
      Lock icon More investors turn to equities as inflation hedge
      450 57  -  Yet another trend is a shift toward more complex investments, reports GENEVIEVE CUA reports GENEVIEVE CUA EQUITIES are private investors’ most sought-after inflation hedge, followed by gold, Barclays Capital’s latest survey of wealth managers has found. The survey also found that allocation
      REUTERS  -  450 words
  • Page 55 Advertisements
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      278 55 ASSET CLASS GROUP AWARDS AWARD/CATEGORY Franklin Templeton Investments Best Group over 3 Years/ Mixed Assets EQUITY AWARD/CATEGORY Franklin European Growth Fund Best Fund over 5 Years/ Equity Europe Franklin European Small-Mid Cap Growth Fund Best Fund over 3 Years/ Best Fund over 5 Years/ Equity Europe Small and Mid Caps
      278 words
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  • Page 56 Advertisements
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      408 56 THE SME MAGAZINE PRESENTS BUSINESSRECOVERY WHEN MARKET CONDITIONS CHANGE Chia Kim Piow Chairman Managing Director Rotary Engineering Limited, Businessman of the Year Singapore Business Awards TheSingaporeBusinessAwardsBusinessmanoftheYearand Enterprise winner will share with SMEs how to react to changing market conditions brought about by unforeseen circumstances. The recent Japanese experience with natural
      408 words
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  • Page 57 Advertisements
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      Lock icon Page 57 Advertisements Column 1
      115 57 SALE BY TENDER Excellent range of tunnel construction equipment inc DEMAG 35MT gantry crane, 10kV/415V LV substation, NIPPON/ DENYO 50kVA-400kVA gensets, ATLAS COPCO/AIRMAN air compressors, CARRIER chiller, PUTZMEISTER concrete pump, KORFMAN/GIA 55-75kW ventilation fans, water treatment plant, cement filtration tank, cross passage girder ring, rail sleepers switches, shunt locomotives, GI
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      Lock icon Page 57 Advertisements Column 2
      578 57 SINGAPORE'S ECONOMY IS IN THE FAST LANE. YOU NEED THE RIGHT VEHICLE FOR THE JOURNEY. ■I The Singapore economy has been growing at a fast pace. Can your investments keep up? The SPDR® Straits Times Index ETF (STTF), formerly named the streetTRACKS STI Fund, is uniquely poised to capture the
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  • WEALTH TRENDS
    • Article, Illustration
      Lock icon Piracy a big concern for shipping
      1720 58  -  There is an urgent need for the international community to combat maritime piracy, reports CONRAD TAN reports CONRAD TAN SS TEO, the head of Singapore’s largest privately owned shipping company, has many responsibilities. But the managing director of Pacific International Lines (PIL), who is
      1,720 words
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      Lock icon Preserving wealth while riding the waves
      366 58  -  By PETER KOK,URS GRUETER, TIMOTHY ROSS Peter Kok is regional market manager of Singapore Malaysia and Urs Grueter is segment lead for transport logistics at UBS Wealth Management. Timothy Ross is head of Asian regional transport infrastructure at UBS Investment Bank MORE shipping tonnage
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  • Page 58 Advertisements
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      Lock icon Page 58 Advertisements Column 1
      179 58 V 3*. <> 1 Because our relationship is anchored in trust. Trust that's based on understanding your needs. To help achieve the goals for you, your family and your business. With professionals that are dedicated to your specific industry, who can clearly see your challenges and opportunities. Until you know
      179 words