The Business Times, 30 December 2011

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

Microfilm: NL31730
Total Pages: 30
1 30 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Friday, December 30,
    23 words
  • Article, Illustration
    Lock icon Govt acts to rein in industrial space prices
    1022 1  -  New regime will benefit genuine end-users and take away speculative fizz By KALPANA RASHIWALA Source: MTI [SINGAPORE] Those hoping to make a quick buck by investing in small strata industrial units are in for a reality check. The government has taken steps
    Source: MTI  -  1,022 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 GST INDEX 2,672.78 (+6.53) GST INDEX FUTURES 2,673 (+8) GSIMSCI 304.79 (+0.92) GSIMSCI FUTURES 304.40 (+0.70) FOREX US$ S$ US$ (S$ per US$) 1.302 (US$/S$ per 1.547 2.014 EURO (US$/S$/E) 1.294 1.684 Foreign currency per US$ S$ YEN 77.70 59.70 RM 3.179 2.442 HK$ 7.774 5.972 BAHT 31.77
    141 words
  • Article, Illustration
    Lock icon Fasten your seat belts for 2012
    1502 1  -  COMMENTARY VIKRAM KHANNA Associate Editor NO, the world is not going to crash in 2012 although financial markets might just but it’s going to be a bumpy ride. In 2009 and 2010, we were all transfixed by what America was doing to fix the
    1,502 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      56 1 LOOKING BACK Music, CDs, films PAGES 26,28 BT ROUNDTABLE Of equities, bonds and gold PAGE 10 State of play EXECUTIVE LIFESTYLE PAGE 30 *****1 *****4 1 UK I 1 9 V E NSTRUMENTS FOR PROFESSIONALS PURE PERFORMANCE PURE BREITLING TEL. +65 6732 6347 WWW.BREITLING.COM rv'v ■V9k G +o. I 51
      56 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      11 1 COMPANIES Retail bonds seen getting early revival in 2012 PAGE 5
      11 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon FibreChem creditors may seek S-chip’s liquidation
      611 2  -  Move comes after deadline to meet demands for loans repayment passes By LYNETTE KHOO [SINGAPORE] Creditors of FibreChem Technologies are considering filing a petition to liquidate the S-chip after their statutory demands for loans repayment were not met. “We have not decided on liquidation,
      611 words
    • Article
      Lock icon Chief district judge to steer SMRT probe
      504 2  -  Tan Siong Thye chairs 3-member committee By CONRAD TAN [SINGAPORE] The government has appointed a three-member committee to investigate the severe disruptions to the SMRT network earlier this month. It will be chaired by Tan Siong Thye, chief district judge of the Subordinate
      504 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      421 2 Govt acts to rein in industrial space prices THOSE hoping to make a quick buck by investing in tiny small strata industrial units are in for a reality check. The government has taken steps to make industrial plots affordable for genuine industrialists. The move may also stop froth
      421 words
    • Article, Illustration
      Lock icon Prospect of technical recession looms
      803 4  -  Dip in Q4 GDP expected; ground sentiment on economy is negative By TEH SHI NING [SINGAPORE] Singapore’s economy will get worse before it gets better, with some economists now saying that it may sink into a technical recession in the next few quarters. When gross
      Source: Singapore Department of Statistics  -  803 words
    • Article
      Lock icon The importance of Japan-China currency pact
      769 4  -  It’s seen as an acceptance by both that yen and yuan will share ‘pole’ currency status By ANTHONY ROWLEY in Tokyo THE surprise announcement in Beijing last weekend that China and Japan will cooperate on currency issues and in bond markets could have considerable
      769 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      192 2 Ready For Home Entertainment That's LARGER Than Life? Parrot BY S+ARCK >, J. ■B.rju> Kj L J Wi blllaffil I U iPhone A Wireless Stereo System $2688 designedbyPhilippeStarck UP $2999 Since our inception in 1998, we have commissioned over 7000 residential and commercial projects, from luxury yacht to 60-seat private
      192 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      18 2 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices MATS NOTICES
      18 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      281 3 ELEVATE YOUR VIEW OF THE WORLD. A limited collection of 40 bespoke residences awaits you at Skyline Orchard Boulevard. The flexibility of a white plan enables every room, aspect and detail to be your own unique expression. Designed by Pritzker Prize Laureate Fumihiko Maki, every residence provides generous living spaces
      281 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      2281 4 thebusinesstimeswww.businesstimes.com.sg SEPTEMBER 24-25, 2011 S$1.00 MICA (P) 121/08/2011 weekend www.businesstimes.com.sg SEPTEMBER 24-25, 2011 S$1.00 MICA (P) 121/08/2011 the raffles conversation CAREER DIPLOMAT BARRYDESKER 12-13 cheap funds Local banks to slash savings ratesDBS Bank, OCBC DBS Bank and UOB will offer amere 0.05 per cent mere come October, even asHSBC and
      2,281 words
Page thumbnail Page 5
  • COMPANY NEWS
    • Article
      Lock icon Retail bonds seen getting early revival in 2012
      625 5  -  Markets permitting, first deal of the year could come within weeks: DBS Bank By KENNETH LIM SINGAPORE’S retail bond market is poised for a revival in the next few weeks as bookrunners seek to apply lessons from the earliest deals. “We hope
      625 words
    • Article
      Lock icon Dec global investor confidence dips
      338 5  -  By TAM YU LING GLOBAL investor confidence slipped slightly this month, but a look at individual regions showed that European institutional investors are more upbeat than their North American and Asian peers for the second consecutive month. The above findings are based on the results
      338 words
    • Article
      Lock icon Value of global M&As slumps in final quarter
      359 5 Bloomberg [NEW YORK] The value of global takeovers fell to the lowest level in more than a year this quarter, and dealmakers say Europe’s debt crisis may hamper a recovery in 2012 as cash-rich companies hold off on major purchases. Mergers and
      Bloomberg  -  359 words
    • Article, Illustration
      Lock icon NOL chairman to retire in April next year
      281 5  -  By LYNN KAN NEPTUNE Orient Lines (NOL) chairman Cheng Wai Keung will retire from the board after its annual general meeting in April 2012, the company said yesterday. He leaves the board after 20 years, spending half of that time as chairman.
      FILE PHOTO  -  281 words
    • Article
      Lock icon Fortune Reit eyes 2 assets for HK$1.9b
      503 7  -  Purchases will raise gross rentable area of retail portfolio by 23% By EMILYN YAP FORTUNE Real Estate Investment Trust (Fortune Reit) is looking to acquire two retail properties in Hong Kong for a total consideration of HK$1.9 billion (S$319 million). It expects the
      503 words
    • Article
      Lock icon Keppel O&M wins jobs worth $150m
      367 7  -  By CARINE LEE KEPPEL Offshore Marine Ltd (Keppel O&M) wrapped up 2011 on a record-break-ing note, with latest contracts of $150 million raising the year’s new orders to a high of some $10 billion. The wholly owned subsidiary of Keppel Corporation said yesterday that
      367 words
    • COMPANY BRIEFS
      • Article
        Lock icon Koon sets up interior design business
        34 7 KOON Holdings, through subsidiary GPS Alliance Home Solutions, has set up a new business unit, Muse Living Pte Ltd, to provide home furnishing, design consultancy and installation services.
        34 words
      • Article
        Lock icon Tiong Woon plans 1-for-4 rights issue
        59 7 TIONG Woon Corp has proposed a one-for-four rights issue. The rights shares are priced at 11 cents each. The company said it hopes to strengthen its balance sheet by increasing equity and providing the company with flexibility in pursuing strategic growth and acquisition opportunities.
        59 words
      • Article
        Lock icon San Teh gives 30-cent special dividend
        45 7 SAN Teh Ltd declared a special dividend of 30 cents per share for the financial year ending Dec 31, 2011, following the disposal of the company’s cement business. The dividend is to be paid on Jan 31 next year.
        45 words
      • Article
        Lock icon Otto Marine sells off stake in joint venture
        71 7 OTTO Marine Ltd’s unit, Otto Investment Ltd (OIL), is selling to Swiss Overseas Invest its 49 per cent stake in their joint venture company West African Invest Ltd (WAIL), for US$26.6 million. “The consideration is in excess of the OIL’s share of
        71 words
      • Article
        Lock icon Asia Silk, Sky One ask for trading halts
        31 7 ASIA Silk Holdings and Sky One Holdings have separately asked for trading in their shares to be halted, pending the release of announcements.
        31 words
    • Article
      Lock icon Yoma hits high as Myanmar optimism generates interest
      509 7  -  The stock is possibly undervalued: fund manager By KENNETH LIM YOMA Strategic Holdings is a unique and possibly undervalued proxy to recent optimism about Myanmar, a fund manager said following a spike in the company’s stock price. “Yoma is one of the
      509 words
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      263 5 A STAR ALLIANCE MEMBER HE A European adventure in a class of its own. FIRST CLASS^ Enjoy exclusive all-in MasterCard® fares from: 6293 6023 6013 mm •JILILI 1 5993 5933 5903 5^5 1 4 llfl "!T1 mnn it ffl iTffu ill IK LI *;v V. r i i A,< i
      263 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI gains 6.5 points in thin volume
      549 6  -  Traders wind down positions amid European uncertainty; turnover averages 71 cents per unit STOCKS R SIVANITHY Senior Correspondent IT WAS another ho-hum session for the local stock market yesterday as traders wound down their positions against a backdrop of European uncertainty and thin
      Source: Bloomberg  -  549 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 6 Dec 29 VALUE CLOSE BT OB/OS -80.00 +91.00 BT CADI -*****.00 +31.00 BT 10-day MA -*****.00 -8.00 FTSE ST Mid Cap 586.27 -0.55 FTSE ST Small Cap 398.28 -1.19 FTSE ST All Share 640.03 +1.01 FTSE ST China Top 187.28 -0.16 FTSE ST China 221.12 -1.84 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      60 6 VOLUME GMG Global 39,374,000 Golden Agri 27,003,000 Dyna-Mac 25,708,000 HPH Trust US$ 20,662,000 Oceanus 13,057,000 SMB United 11,983,000 LionGold 11,403,000 Noble Grp 11,187,000 IEV 11,140,000 Genting SP 10,921,000 VALUE($) GLD 10US$ 34,960,506 SingTel 22,100,360 Olam 19,551,320 Golden Agri 19,331,580 UOB 18,937,757 OCBC Bk 18,319,150 HPH Trust US$
      60 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 11 3 3 0 0 0 11 3 3 Manufacturing 38 42 33 4 2 5 42 44 38 Commerce 23 11 17 3 2 4 26 13 21 Tpt/Stor/Comms 19 8 10
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Fuxing China
        294 6 Dec 29 close: $0.053 DMG Partners Securities, Dec 29 FUXING recently announced that it expects to achieve a lower Q4 FY11 operating profit compared with that of Q4 10 and could see impairment losses from write-down of its tangible and intangible assets. We estimate the write-down to be
        Source: Bloomberg  -  294 words
      • Article, Illustration
        Lock icon SATS
        339 6  -  Compiled by LYNETTE KHOO Dec 29 close: $2.14 Phillip Securities, Dec 28 SATS announced that they had won the bid to operate the new Singapore International Cruise Terminal (ICT) at Marina South, through a consortium formed with Creuers del Port de Barcelona SA. The lease will be firm for
        Source: Bloomberg  -  339 words
      • Article
        Lock icon Glossary:
        135 6 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,
        135 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      117 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 10,902 10,902 22,148 22,148 Manufacturing 92,193 4,635 96,828 65,576 150 65,726 Commerce 51,876 6,640 58,516 53,786 643 54,429 Tpt/Stor/Comms 57,596 13,146 70,742 68,783 1,620 70,404 Finance 8,347 8,347 59,303 59,303 Construction 14,008 1,112 15,120 4,235
      117 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      107 6 Stock name Close Change CapMallsAsia 1.145 -0.010 CapitaLand 2.250 CapitaMall 1.715 CityDev 9.030 +0.040 ComfortDelGro 1.430 +0.015 DBS Grp 11.650 +0.030 F&N 6.230 -0.050 GLP 1.760 +0.020 Genting SP 1.520 Golden Agri 0.720 HK Land 4.580 -0.180 JMH 47.850 +0.530 JSH 27.670 +0.290 Jardine C&C 48.280
      107 words
    • Article, Illustration
      Lock icon Euro falls vs yen, $ after Italy debt sale
      456 6 Euro falls vs yen, after Italy debt sale CURRENCIES Reuters [LONDON] The euro fell to a 10-year low against the yen and its lowest in more than 15 months versus the dollar yesterday, after high borrowing costs at an Italian bond sale fuelled investor concerns about the eurozone crisis. Italy
      Reuters; REUTERS  -  456 words
    • Article
      Lock icon RISES
      110 6 BY CENTS CLOSE UP DBXT AUDCS 5SG$ ***** 973.0 3.8 JMH 4785 69.0 1.1 DBXT S&P Short 10US$ 4183 42.9 0.8 JSH 2767 37.7 1.1 DBXT MSINDO 10us$ 1449 26.0 1.4 Isetan 342 21.0 6.5 Hyflux 6% CPS 10 ***** 20.0 0.2 OCBC Bk 5.1%NCPS 100 ***** 20.0 0.2
      110 words
    • Article
      Lock icon FALLS
      119 6 BY CENTS CLOSE DOWN GLD 10US$ *****-443.7 -2.2 DBXT Nifty 10US$ 8938-141.8 -1.2 DBXT AUDCS 5US$ *****-131.4 -0.5 IS S&P500 *****-130.1 -0.8 DBXT MSEurope 10US$ 3943 -74.2 -1.4 DBXT E50 10US$ 3324 -58.6 -1.3 Total Access 244 -44.2 -12.2 Jardine C&C 4828 -36.0 -0.7 DBXT MSAsExJp 10US$ 2730 -31.2
      119 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
      5 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      59 7 Tenet is going WICKED this Festive Season! Stand to win a pair of tickets to the musical, WICKED, worth S$330! Simply purchase PAStar or Sail@360° policy from 17 December 2011 to 16 January 2012! Le n more > www.tenetinsurance.com A Proud Sponsor of T€n3T Insurance Company Ltd A Member of:
      59 words
Page thumbnail Page 8
  • SINGAPORE NEWS
    • Article
      Lock icon Increase in industrial land supply expected to soften prices, rents
      502 8  -  MTI also announces new conditions on strata subdivision of projects on GLS sites By KALPANA RASHIWALA THE planned increase in land supply under the Industrial Government Land Sales (GLS) Programme in H1 2012 will help soften industrial property prices and
      502 words
    • Article
      Lock icon Board changes at IE S’pore, JTC Corp and STB
      343 8  -  By LYNN KAN THERE will be a few board changes at statutory boards International Enterprise Singapore (IE Singapore), JTC Corporation (JTC) and the Singapore Tourism Board starting Jan 1. The Ministry of Trade and Industry said yesterday in a statement that
      343 words
    • Article
      Lock icon New rules streamline conveyancing
      484 8  -  By GRACE LEONG IN an effort to streamline conveyancing transactions, Singapore’s Ministry of Law has introduced new rules aimed at simplifying the payment of stamp duties and the depositing of monies into conveyancing accounts. These additional rules, announced yesterday, are aimed at enhancing measures introduced on
      484 words
    • Article
      Lock icon Petronas seals buy of stake in GMR’s Jurong Island plant
      447 8  -  It takes 30% stake for $50m, India’s GMR to keep 70% By RONNIE LIM MALAYSIAN national oil and gas company Petronas is now officially a power player here, having closed this week its purchase of a 30 per cent stake
      447 words
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      396 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 STEWART ISLAND INVESTMENTS PTE. LTD. [Company. Reg. No.: *****4576W] MEMBERS'VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company which was deemed to have been held on 21 December 2011 and the following resolutions passed pursuant to Section 179(6) of the
      396 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 2
      407 8 w, WATd NJOTir^F^ W J I I j J www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 STEWART ISLAND SUB INVESTORS PTE. LTD. [Company. Reg. No.: *****1936N] MEMBERS'VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company which was deemed to have been held on 21 December 2011
      407 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 3
      412 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KANGLI INTERNATIONAL CAPITAL PTE. LTD. (In Members' Voluntary Liquidation) Reg No. *****7172N ("the Company") NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company duly convened and held on 23 December 2011, the Resolutions set
      412 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 4
      603 8 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF (1) EOM PTE LTD Co. Reg .No. *****3296H (2) KCH CHINA HOLDING PTE. LTD. Co. Reg. No. *****5888C (IN MEMBERS’ VOLUNTARY LIQUIDATION) Extract of the minutes of (1) and (2) minutes of Corporate Representative at the
      603 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 5
      590 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MARUNOUCHI VII PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO.REG. NO.*****6489D NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the Member of the abovenamed Company will be
      590 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 6
      353 8 THE COMPANIES ACT (CHAPTER 50) THE COMPANIES REGULATIONS REGULATION 62 NOTICE OF JUDICIAL MANAGER MEETING OF CREDITORS Name of Company: DANO INTERNATIONAL PTE. LTD. (under Judicial Management) Company No: *****0810M Take notice that a meeting of trade creditors and non-trade creditors in the above matter will be held at 400
      353 words
Page thumbnail Page 9
  • ECONOMY WATCH
    • Article, Illustration
      Lock icon West-educated Kim may open North Korea
      735 9 New leader’s fondness for basketball signals he’s a team player Bloomberg [SEOUL] Kim Jong-un may relax state controls over North Korea’s economy and ease the isolation entrenched by his late father’s nuclear weapons programme, according to a banker who fled the communist state after
      Bloomberg; AP  -  735 words
    • Article, Illustration
      Lock icon India’s biggest slum runs big business
      832 9 It is a self-created special economic zone for the poor NYT [MUMBAI] In the labyrinthine slum known as Dharavi are 60,000 structures, many of them shanties, and as many as one million people living and working on a triangle of land barely two-thirds the
      NYT; NEW YORK TIMES  -  832 words
    • Article
      Lock icon Corporate bond risk increases in Australia
      489 9 Rise is biggest since 2008; euro crisis threatens economy Bloomberg [SYDNEY] The cost to insure against default of Australian corporate bonds is poised for the biggest annual increase since 2008 as the nation’s economy comes under threat from Europe’s sovereign debt crisis. The Markit
      Bloomberg  -  489 words
    • Article
      Lock icon Vietnam maintains growth at 6% for fourth quarter
      386 9 Bloomberg [HANOI] Vietnam’s growth held near 6 per cent this quarter, reducing the pressure for further monetary tightening after higher interest rates limited the boost to the economy from exports and domestic consumption. Gross domestic product (GDP) increased 6.1 per cent in
      Bloomberg  -  386 words
  • Page 9 Advertisements
Page thumbnail Page 10
  • BT ROUNDTABLE
    • Article, Illustration
      Lock icon 2012 – through the crystal ball
      2797 10 2012 through the crystal ball The New Year threatens to be difficult a poor year for equities, with a continuing shift to bonds; perhaps only gold will shine EVEN the “dullest morn”, says an old English folksong, “often heralds in the fairest day”, but as 2012 dawns darkly it is
      2,797 words
Page thumbnail Page 11
  • MALAYSIA/INDONESIA
    • Article
      Lock icon Mixed bag of fortunes awaits M’sia in 2012
      1055 11  -  Investors should stay defensive in H1 ahead of anticipated H2 rebound: analysts By PAULINE NG in Kuala Lumpur WITH eurozone and US debt problems still not fully resolved, Malaysia is unlikely to remain unscathed from the global capital-mar-ket volatility that is expected
      1,055 words
    • Article, Illustration
      Lock icon Malay Chamber set to outbid CVC Cap for Kulim’s QSR stake
      397 11 Bloomberg [KUALA LUMPUR] The Malay Chamber of Commerce Malaysia said it plans to offer RM6.90 per share for Kulim (Malaysia) Bhd’s controlling stake in fast-food restaurants operator QSR Brands Bhd, trumping an earlier bid by CVC Capital Partners Ltd
      Bloomberg; FILE PHOTO  -  397 words
    • Article
      Lock icon Indonesian fund eyes property firms
      283 11 Reuters [JAKARTA] Sucorinvest Asset Management, one of the few Indonesian funds to record a profit in 2011, said it will next year target property companies that hold giant land banks ripe for development into industrial estates. The move is part of a strategic shift for
      Reuters  -  283 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      2136 11 ETIKA INTERNATIONAL HOLDINGS LIMITED Company Registration No: *****3131Z (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Etika International Holdings Limited will be held at Camellia Room, Level 3, Grand Hyatt Singapore, 10 Scotts Road, Singapore *****1 on
      2,136 words
Page thumbnail Page 12
  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Alibaba nudges closer to Yahoo buy
      515 12 It hires Washington lobby firm that could help it address political opposition Reuters [WASHINGTON] Alibaba Group has hired a Washington lobbying firm, in a sign that the Chinese e-com-merce company would be willing to make a bid for all of Yahoo Inc in the
      Reuters; BLOOMBERG  -  515 words
    • Article, Illustration
      Lock icon India’s food inflation eases to nearly six-year low
      310 12 Reuters [NEW DELHI] India’s annual food inflation eased for a ninth straight week to its lowest in nearly six years in mid-December on improved supplies, bolstering hopes of a cooling in overall inflation that will allow the central bank to shift focus
      Reuters; AP  -  310 words
    • Article
      Lock icon Indian regulator to review IPO rules after firms misuse funds
      424 12 Bloomberg [MUMBAI] India’s capital market regulator is reviewing the initial public offering process to stop companies from raising funds using falsified information, after seven firms were found to have violated rules. The Securities and Exchange Board of India will take
      Bloomberg  -  424 words
    • Article
      Lock icon India’s govt bonds face biggest losses in two years
      577 12 Bloomberg [MUMBAI] India’s bonds are headed for their worst year since 2009 as slowing government revenue threatens efforts to cut the budget deficit and fuels concern the nation will continue to sell a record amount of debt. Yields on benchmark 10-year
      Bloomberg  -  577 words
    • Article
      Lock icon China speeds up foreigner quota to invest in markets
      427 12 Reuters [SHANGHAI] China has since October granted nearly US$1 billion in quotas for foreign institutions to invest in the country’s capital markets following a five-month hiatus, reflecting Beijing’s desire to encourage inbound investment amid signs of a capital outflow. Combined quotas
      Reuters  -  427 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      81 12 SINGAPORE'S PREMIER HOME-GROWN CAR MAGAZINE SINGAPORE MOTORSPORTS HUB: WILL IT EVER BE BUILT? THE BEST NEW CARS OF 201 HOWTOBUYA SECOND-HAND SPORTS CAR S GO 4094 ICON REBORN DRIVES > FERRARI 458 SPIDER MASERATI CRANCABRIO VS BMW 6501 CONVERTIBLE > AUDI S8 AS WI2 NISSAN SILVIA S15 MOD JOB SMALL
      81 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 2
      28 12 What does have in store? gets an economist to look into the crystal ball RAJINI TO MAKE WAVES WITH KOCHADAIYAAN GETYOUR COPYTODAY FROMALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
      28 words
Page thumbnail Page 13
  • WORLD
    • Article
      Lock icon Business activity expands faster than expected in Dec
      516 13 Other positive data include rise in pending home sales index, fewer claims for jobless benefits LATEST US DATA Bloomberg [WASHINGTON] Business activity in the US expanded more than forecast in December, as did the number of Americans signing contracts to buy previously
      Bloomberg  -  516 words
    • Article, Illustration
      Lock icon Bank of Spain says economy shrank in Q4
      396 13 Bloomberg AFP [MADRID] A day before Spanish Prime Minister Mariano Rajoy is set to unveil his first budget measures for the stricken country, available data suggest the euro area’s fourth-big-gest economy contracted in the final months of the year. The Bank of
      Bloomberg; AFP; AP  -  396 words
    • Article
      Lock icon ‘Policy mistakes’ more likely with slowing economies
      585 13 Bloomberg [SINGAPORE] Asian policy makers eager to sustain growth in 2012 may put their economies at risk with interestrate cuts or fiscal stimulus that some can ill afford. The likelihood of “policy mistakes” in 2012 may increase as a slowing global expansion puts
      Bloomberg  -  585 words
    • Article
      Lock icon Slowing inflation gives ECB room to cut rates next year
      562 13 ECB seen lowering key rate to 0.5% by end-March Bloomberg [FRANKFURT] The European Central Bank has more room to cut interest rates to a record low early next year after reports showed the sovereign debt crisis is damping inflation pressures.
      Bloomberg  -  562 words
    • Article
      Lock icon Yields for Italy’s 10-year bonds ease to 6.98%
      593 13 Monti says govt preparing measures to rev up economy AP Bloomberg [ROME] Italy’s borrowing costs eased for a second day yesterday but the country’s new premier said that his government has more to do before it convinces financial markets that it can
      AP; Bloomberg  -  593 words
    • Article
      Lock icon Nomura comes out tops in Japan M&A
      638 14 It pips Goldman Sachs with US$65.4b worth in deals done Bloomberg [TOKYO] Nomura Holdings pulled ahead of Goldman Sachs Group to hold on to the top spot for mergers and acquisitions advisory work in Japan in 2011, after the two competed neck and
      Bloomberg  -  638 words
    • Article, Illustration
      Lock icon US retail sales head for solid holiday finish
      572 14 Reuters [SAN FRANCISCO] US retail sales look poised for a solid finish to the holiday season as warm weather and deep discounts encouraged shoppers to hit the stores or go online to snap up last-minute gifts, according to data released on Wednesday.
      Reuters; BLOOMBERG  -  572 words
    • Article, Illustration
      Lock icon Good Tepco assets may be listed after takeover
      646 14 Bloomberg [TOKYO] Tokyo Electric Power Co may be approaching the end of its life as a private company as the cost of the Fukushima nuclear disaster drains cash and the government considers nationalising the utility. “We’re probably seeing the beginnings of the
      Bloomberg; REUTERS/KYODO  -  646 words
    • Article
      Lock icon Japan store offers 20.12m yen New Year lucky dip
      188 14 AFP [TOKYO] A Japanese department store is offering anyone with a quarter of a million dollars a lucky dip bag stuffed with expensive jewellery to ring in the New Year. One lucky customer prepared to hand over a numerically significant 20.12
      AFP  -  188 words
    • Article, Illustration
      Lock icon A year when rich mining firms splurged
      738 15 Commodities boom also raised social tensions and fears about environment AFP [MANILA] The China-driv-en commodities boom transformed economies and environments across the globe in 2011, a year that saw cashed-up mining giants invest record amounts into extracting Earth’s riches. From Australia’s barren interior
      AFP; REUTERS  -  738 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      90 13 GET YOUR JANUARY ISSUE NOW "I CALLED THE COPS ON MY HUSBAND" YOU'RE IN A PILE-UP -WHO PAYS? WHITE BRA UNDER A SHEER TOP? Fashion mistakes to stop making now ft DO IT NOW,: n.» /'iii 1 V. OR REG ET No. /Q/lf No Beauty For MKMfflEfM Every On pTW
      90 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      11 14 MENSHEALTH.COM.SG 2012 REDEFINE YOURLIMITS! 9URBANCHALLENGES,14KMROUTE 19FEB2012(SUN)•7AM•NICOLLHIGHWAY Singapore’stoughesturbanobstacle raceisback.Areyouupforit? SIGNUPNOW!GETARACEPACKWORTH$300 Moredetailsinthisissue ofMen’sHealthandmenshealth.com.sg
      11 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      15 14 FarEast Organisationtops private home sales in 2011 To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      15 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      417 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF VITAL INVESTMENTS PTE LTD (Company Registration No.: *****4052H) (IN MEMBERS’ VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the
      417 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 2
      579 15 In the matter of the Companies Act, Cap 50 And In the Matter of Pegu International Pte Ltd (In Members’ Voluntary Liquidation) (Registration No.: *****7948N) NOTICE OF FINAL MEETING Notice is hereby given that, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the members
      579 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 3
      286 15 Ik T 1 1 1 Toll free 1800-289-8822 I II Iff l-» Email notices@sph.com.sg W ll www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, (CHAPTER 50) AND IN THE MATTER OF SULTAN OF SWING BAR PTE LTD (IN LIQUIDATION) NOTICE OF DIVIDEND Name of Company: SULTAN OF SWING BAR PTE
      286 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 4
      297 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF 1) STRAITS TINFIELDS PRIVATE LIMITED (Co. Registration No. *****0053R) 2) WESTMERE DEVELOPMENT PTE LTD (Co. Registration No. *****2426G) 3) CLARKE QUAY ADVENTURE PTE LTD (Co. Registration No. *****5267K) 4) EASTVALE DEVELOPMENT PTE LTD (Co. Registration No.
      297 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 5
      590 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CATHIN (SINGAPORE) PTE LTD (Co. Regn. No: *****1029C) (In Member’s Voluntary Liquidation) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of the abovenamed Company duly convened and held at 213 Henderson Road #02-01 Singapore
      590 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 6
      651 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF K L ADVERTISING ASIA PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****1823Z) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of K L Advertising Asia Pte Ltd duly convened and held on the 21st
      651 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 7
      978 15 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF SUMITOMO ELECTRIC WINTEC (SINGAPORE) PTE. LTD. (In Members' Voluntary Liquidation) (Co. Reg. No. *****1455R) NOTICE OF RESOLUTION MEMBER'S RESOLUTIONS IN WRITING PURSUANT TO ARTICLE 92 OF THE ARTICLES OF ASSOCIATION OF SUMITOMO ELECTRIC WINTEC (SINGAPORE) PTE.
      978 words
Page thumbnail Page 16
  • EDITORIAL & OPINION
    • Article
      Lock icon Flexibility needed in policy towards NE Asia
      484 16 EDITORIAL GEOPOLITICAL tectonic plates are grinding against each other in Northeast Asia with China’s “emergence” and America’s reassertion of its role as an Asian power. In the coming years, the friction will be most evident in the Korean peninsula, which is caught between
      484 words
    • Article, Illustration
      Lock icon Budget debate exposes failure of US political system
      775 16  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THERE are moments when America’s political system, whose essential job is to mediate conflicts in broadly acceptable and desirable ways, is simply not up to the task. It fails. This may be
      The Washington Post Writers Group  -  775 words
    • Article, Illustration
      Lock icon Right mix of austerity and growth is needed
      944 16  -  Links between core and peripheral economies must be addressed to resolve the euro crisis By JIM LEITNER, NUNO MONTEIRO, IAN SHAPIRO in New York Jim Leitner is president of Falcon Management. Nuno Monteiro and Ian Shapiro are professors of political science at
      Project Syndicate; AP  -  944 words
    • Article, Illustration
      Lock icon 2012 the year of Counter-Revolution?
      1444 17  -  Members of the old order may fight back to protect the status quo just like Europe’s counter-revolutionaries did in 1849 LEON HADAR Washington Correspondent THE outgoing 2011 is the Year of the Protester, according to Time magazine. The insurgency targeting the ruling political elites, first
      AFP  -  1,444 words
    • Article, Illustration
      Lock icon Nab them when they’re still at Princeton
      1145 17  -  By MICHAEL LEWIS The writer, most recently author of “Boomerang: Travels in the New Third World”, is a columnist for Bloomberg News. The opinions expressed are his own Bloomberg To: The Upper Ones From: The Strategy Committee Re: The Alarming Behaviour of College
      Bloomberg  -  1,145 words
Page thumbnail Page 17
Page thumbnail Page 18
  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Global airlines cruising to safest year ever
      668 18 2011 accident rate so far 52% lower than the average for previous five years Bloomberg [WASHINGTON] The global airline accident rate is on pace this year to reach the lowest recorded, according to a trade group. This year’s rate of accidents serious enough
      Bloomberg; REUTERS  -  668 words
    • Article, Illustration
      Lock icon Rotterdam beats own throughput record this year
      276 18 AFP [THE HAGUE] Rotterdam, Europe’s largest container port and among the world’s top 10, said yesterday it registered a new record throughput of 433 million tonnes, despite the continent’s economic downturn. “The transhipment for 2011 has increased by 0.8 per cent to 433
      AFP; BLOOMBERG FILE PHOTO  -  276 words
    • Article
      Lock icon Korea Aerospace signs 711b won deal to build fighter jets
      224 18 Bloomberg [SINGAPORE] Korea Aerospace Industries Ltd, South Korea’s only maker of planes, said it signed a 711.2 billion won (S$797.6 million) contract to build the country’s first jet fighter for the air force. Korea Aerospace will provide 20 FA-50 jets
      Bloomberg  -  224 words
    • Article
      Lock icon Iran may take lower-level action instead of closing Hormuz
      777 18 AFP [WASHINGTON] Iran could make good on its threat and temporarily shut down or disrupt oil shipping through the strategic Strait of Hormuz, but it would trigger a devastating US military reaction and leave Teheran utterly isolated on the world stage,
      AFP  -  777 words
    • Article
      Lock icon Airlines face EU cap-and-trade scheme in the new year
      484 18 AFP [BRUSSELS] Airlines will have to buy pollution permits to fly in Europe from Jan 1 under a disputed EU system to fight climate change, but slumping carbon market prices could make the bill less painful. The cap-and-trade scheme, which has
      AFP  -  484 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 18 SGX '000 Dec 29 S$ +/-Vol CH Offshore 0.36 unch 19 Chuan Hup Hldg 0.21 unch 65 Cosco Corp 0.89 0.01 1464 CWT Ltd 1.00 0.01 34 Ezra Hldgs 0.85 0.01 1494 First Ship Lea 0.29 0.01 250 Freight Links 0.06 unch 450 Grand Banks 0.21 -0.02 5
      278 words
Page thumbnail Page 19
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7768 19 Transaction date: Dec 29 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 11.6 8Telecom 15.5 6.1 15 7.8 3.9 3.2 74.2 9.5 4 A-Sonic 4.4 4.4 4.9 3 1.6 31.5 65
      7,768 words
    • Article
      Lock icon SGX CATALIST
      1543 20 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 34 12.1 t 800 Super 14 -0.9 100 14 14 13.8 14.9 4.7 3.9 5.4 25 5.5 2.5 t AA Grp 3.3 2.6 3.3
      1,543 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9961 20 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.14/ APS Alpha Fund (USD)!** 0.88/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.56/ Aberdeen Asset Mgt Asia Limited American Opp 0.6315/ Asian Local Ccy
      9,961 words
    • Article
      Lock icon GLOBALQUOTE
      206 20 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 55.5 34 AVJennings A35 35 37.5 3.6 10 2.8 91.1 49 25.5 Genting HK US$ US26.5 unch 1233 27 26.5 26.5 27 1744.9 15 10 OGL Resources
      206 words
    • Article
      Lock icon SGX ETF
      776 20 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 109.5 ABF SG Bond ETF 116.4 +2 100 116.4 116.1 116.4 116.5 531.3 1261 856 CIMBAsean40 100US$ US946 -10 31 946 946 37.8 ***** *****
      776 words
Page thumbnail Page 20
Page thumbnail Page 21
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 21 In local curr In S$ In US$ dy yr dy yr dy yr Dec 28 Index Change Change Change Change Change Change World Preliminary 822.7 -0.9 -8.4 -1.1 -7.5 -1.3 -8.7 EAFE Preliminary 674.5 -0.5 -15.8 -1.2 -15.2 -1.3 -16.4 Europe Preliminary 1010.4 -0.5 -13.5
      373 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 21 CRUDE OIL PRODUCTS Dec 28 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.29 -1.81 WTI (Near Mth) 99.45 -1.72 Dubai (1-Mth F) 105.23 0.03 Tapis blend 117.04 0.13 Minas 114.54 0.13 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 100.11 -0.39 Jet Kerosene 121.60 0.20 US$/barrel Opec Oil
      77 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      124 21 As on 28 December 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT FEB2012 1593.60 1559.60 1563.90 80 CURRENCY AUD-USD FUT MAR2012 1.0112 .9980 1.0003 4038 EUR-USD FUT MAR2012 1.3094 1.2926 1.2947 6997 USD-JPY FUT MAR2012 77.89 77.43 77.88 4022 BASE METAL
      124 words
    • Article
      Lock icon CHICAGO BOT
      107 21 Dec 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 12 1198.25 1199.75 1209.00 1183.75 Mar 12 1208.00 1209.50 1219.00 1193.00 May 12 1217.50 1219.25 1227.75 1202.50 Jul 12 1227.00 1228.50 1237.00 1212.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jan 12 51.78
      107 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      79 21 Dec 29 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 29.03.2012 0.35 1-Year BY*****W 01.11.2012 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 102.88 5-Year N*****0W 1.125 01.04.2016 102.22 102.38 102.38 10-Year NX*****X
      79 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      445 21 Dec 29 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar12 99.3400 0 3090 Jun12 99.2650 0 854 Sep12 99.2250 0 441 Dec12 99.2050 0 506 EUROYEN TIBOR FUTURES Mar12 99.6625 0 2349 Jun12 99.6650 0 1440 Sep12 99.6600 0 711 Dec12 99.6650 0 115 Mar13 99.6550
      445 words
    • Article
      Lock icon SGX FUTURES
      161 21 Dec 29 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jan 12 329.0 324.0 328.0 24 260 Feb 12 329.0 326.0 328.0 12 227 Mar 12 335.3 324 Apr 12 341.7 341.6 341.0 69 178 May 12 343.0
      161 words
    • Article
      Lock icon LONDON METALS
      71 21 Dec 28 Dec 28 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1984.75 2001.00 3 months 2000.00 2016.00 Copper, Grade A (US$/tonne) Cash 7446.75 7631.50 3 months 7465.00 7641.00 Lead (US$/tonne) Cash 1938.75 2000.25 3 months 1960.00 2020.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • Article
      Lock icon LIFFE
      82 21 Dec 28 COCOA (£/tonne) Close Prev High/Low Mar 12 1390 1407 1427/1387 May 12 1407 1425 1444/1405 Jul 12 1423 1441 1459/1421 Sep 12 1438 1454 1472/1436 COFFEE (US$/tonne) Close Prev High/Low Jan 12 1777 1783 1795/1747 Mar 12 1818 1831 1838/1792 May 12 1853 1868 1875/1829 Jul 12
      82 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2182 21 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 61 47.25 29 ASJ Hldgs W*****1 0.1 1 4 24 33.00 2 AlliedTech W*****2 1.7 1 4 23 Ascendas Reit.ES.1112 186 Aztech Grp W*****3 0.2
      2,182 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 21 Dec 29 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.033 6.380 0.780 7.847 53.816 92.259 0.784 11.645 3.209 1.312 90.826 44.267 1.314 8.221 0.952 30.562 32.064 0.652 1.009 Canada 0.968 6.176
      464 words
    • Article
      Lock icon SIBOR
      82 21 Dec 29 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      82 words
    • Article
      Lock icon PRECIOUS METALS
      139 21 Dec 29 GOLD (US$/oz) Dec 28 Dec 29 Hong Kong 1591.00 1560.00 Dec 23 Dec 28 London 1606.40 1572.96 1607.15 1573.73 Source: Thomson Reuters Source: Reuters CAST BAR Dec 29 (S$) Selling Buying Kilobar 69,965.16 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 157 65 5gm 445 326
      139 words
    • Article
      Lock icon PALM OIL
      57 21 Dec 29 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 12 3164.0 3157.0 3167.0 3147.0 328 992 Feb 12 3173.0 3185.0 3177.0 3140.0 1481 ***** Mar 12 3170.0 3185.0 3178.0 3139.0 8394 ***** Apr 12 3166.0 3181.0
      57 words
    • Article
      Lock icon STOCK INDEX FUTURES
      24 21 Dec 29 Open High Sett STI Dec 2673 SIMSCI Dec 304.2 305.3 304.4 Taiwan Dec 252.9 254.7 254.1 Source: SGX Derivatives
      24 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 21 Dec 29 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3134 1.3145 1.0093 1.0095 Canadian dollar 1.2712 1.2726 0.9768 0.9773 Euro 1.6832 1.6844 1.2935 1.2936 NZ dollar 1.0011 1.0022 0.7693 0.7697 Sterling pound 2.0135 2.0151 1.5473 1.5476
      154 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 21 Dec 29 S$ Bid Offer 1-month 1.3014 1.3023 2-months 1.3014 1.3022 3-months 1.3011 1.3020 6-months 1.2995 1.3006 Source: OCBC
      22 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 21 As at 9am Dec 29 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.339 1.276 Can dollar 1.292 1.243 Euro 1.71 1.645 Sterling pound 2.046 1.968 NZ dollar 1.026 0.978 US dollar 1.321 1.271 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      154 21 Dec 29 $S Offer Bid 0vernight 0.01 par 1-month 5/16 3/16 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ Offer Bid 7 days 0.33 0.23 1 month 0.45 0.25 2 months 0.55 0.35 3 months 0.70 0.50 6 months 0.95 0.75 9 months 1.15 0.95 12
      154 words
Page thumbnail Page 22
  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    4650 22 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
    4,650 words
  • Page 22 Advertisements
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      86 23 Shipping lines seeking reliable logistics partners R rgently n cfl d by shippers n they -Find your services re in the Shipping Times? THE BUSINESS TIMES SHIPPING TIMES ADVERTISE. Announce Your Corporate Development Come publicise your Project Completion, Ship Christenings Delivery of Newbuilds, Vessel Conversion Refurbishment, Award Wins Certifications, Corporate
      86 words
Page thumbnail Page 24
  • Page 24 Miscellaneous
    • Miscellaneous
      Lock icon Page 24 Miscellaneous Column 1
      335 24 CRYPTIC CROSSWORD Across 1 Venomous types given firm support by Society (6) 5 It’s ‘zythum’ that’s a definitive statement (4,4) 9 A pal met with familiarity, no end, in port (3,5) 10 Drawing line at the edge of doughy mass (6) 11 Saint as lion out to protect church (8)
      335 words
  • executive lifestyle
    • WINE/PURSUITS
      • Article, Illustration
        Lock icon Toast to Pinot Noir
        1121 24  -  As prime Burgundy spirals through the roof, Pinot Noir offers more down-to-earth options that won’t break the bank, writes N K YONG Disclaimer: the writer is involved in the distribution of Michel Gros’s wines. THE word is out. Burgundy is in andinabig way. But again the
        1,121 words
      • Article, Illustration
        Lock icon Sequel power
        878 24  -  GAMING 2011 WRAP-UP By CHRISTOPHER LIM IF you’re looking for brand new games to play in 2012, the wait may be longer than you think. Sequels dominate the new year’s lineup simply because they cost less to invest in than brand new material. But not to worry, because
        878 words
      • Article, Illustration
        Lock icon Partisan view of China
        1502 24  -  Maonomics: Why Chinese Communists make Better Capitalists than We Do Loretta Napoleoni Seven Stories Press 374 pages Price S$35 Rating: B BOOK REVIEW By VIKRAM KHANNA AFTER the made-in-America global financial crisis of 2008/09, the made-in-Europe sovereign debt crisis of 2010/11 and the sordid tales surrounding
        1,502 words
    • ARTS
      • Article, Illustration
        Lock icon Red-hot visual arts scene
        1112 25  -  Gallery owners are buoyed with great expectations after an encouraging year in the art-buying scene here in 2011, reports CHEAH UI-HOON AGALLERYownerdescribed this year as “stellar” and indeed, the consensus is that this perlativeisn’tanexaggeration when rating Singapore’s art scene in 2011. “It’s been a bumper year
        PHOTOS: ART STAGE SINGAPORE/IKKAN GALLERY; PHOTOS: AFP  -  1,112 words
      • AROUNDTOWN
        • Article
          Lock icon A heartland heritage
          126 25 To some Singapore adults, the traditional provision shop is something like Mr Magorium’s magic emporium with everything you ever needed, and more, which can be found on the shelves. If you’ve ever wondered how things are arranged in a classic chai diam ma, you can now find
          126 words
        • Article, Illustration
          Lock icon Ushering in 2012
          305 25 Several countdown, end of the year parties are being held in various spots this year. For free events, at Clarke Quay, starting 10pm, theme is New York and will come with the requisite broadway dancers, the highlight being a Madonna tribute show by Chris America (USA). At
          305 words
        • Article
          Lock icon The last charitable act of 2011
          141 25 Tropical storm Washi blew through regions in Southern Philippines, causing flashfloods which resulted in the destruction of thousands of homes. As of Dec 21, the National Disaster Risk Reduction and Management Council of Philippines has reported that a total of 12,131 homes have been
          141 words
        • Article
          Lock icon Catch the ‘monumental’ Light-up
          122 25  -  Compiled by CHEAH UI-HOON This weekend and all the other weekends until Jan 29, catch the Bugis Monuments Light-up, which transforms six iconic buildings in the precinct into creative art canvases through a series of light installations and projections. The buildings are the Singapore Art Museum
          122 words
      • Article, Illustration
        Lock icon The pre-eminent Giselle
        628 25  -  By CHEAH UI-HOON IT’S not that ballet fans haven’t seen the core works of the classical repertoire Swan Lake, The Nutcracker, Giselle and the like but it’s a rare occasion to see a classical piece performed by a company for which it was originally choreographed. Next month,
        PARIS OPERA BALLET  -  628 words
      • Article, Illustration
        Lock icon Raw power possesses stage
        494 25  -  DANCE 2011 WRAP-UP By LYNN KAN IT seems like 2011 will best be remembered as the year when the world exploded in social unrest. The Arab Spring engendered a fury that spread quickly to Zuccotti Park, London and other cities. Dance has not shielded itself from
        SIMONA BOCCEDI  -  494 words
    • MUSIC
      • Article, Illustration
        Lock icon Niche music rocks
        890 26  -  The local music scene has moved away from mainstream pop to more rousing fare from jazz, classical and indie, writes CHRISTOPHER LIM LOCAL pop music’s seen modest development this year, with concerts by Ocean Butterflies, JJ Lin and Kit Chan, but there have been far more interesting
        890 words
      • Article, Illustration
        Lock icon Stay in the loop, get footloose
        852 26  -  CD 2011 WRAP-UP By CHRISTOPHER LIM IT’S party season as the year draws to a close over the long weekend, so here’s some party music that should fit the season nicely. Best-of compilations are handy for chucking into a CD player on repeat so
        852 words
      • Article, Illustration
        Lock icon Party with Macy Gray
        639 26  -  By CHRISTOPHER LIM MANY music stars make their Singapore debuts relatively quietly at smaller events before making a splash with stand-alone concerts, and R&B singer Macy Gray will be doing just that tomorrow when she performs at Capella Singapore as part of the Capella under the
        PHOTOS: UNIVERSAL MUSIC  -  639 words
    • CINEMA
      • Article, Illustration
        Lock icon Spielberg’s leap of faith
        508 27  -  By DYLAN TAN STEVEN Spielberg’s War Horse doesn’t get off to a galloping start but it does come to a winning end. It’s his second film of the year after his animated big-screen adaptation of Tin Tin and here, he teams up again with two long-time
        DREAMWORKS PICTURES  -  508 words
      • Article, Illustration
        Lock icon Wiig rolls with the punches
        478 27  -  DVD REVIEW By CHRISTOPHER LIM IF laughter is the best medicine, then Bridesmaids should be in everyone’s first aid kit during this rainy season. It keeps you laughing for two hours without ever seeming like it’s trying too hard. Dysfunctional bridesmaids have often been used
        UIP  -  478 words
      • Article, Illustration
        Lock icon When stocks hit the fan
        671 27  -  Debut director J J Chandor sculpts a brilliant piece of cinematic theatre about voracious Wall Street predators who jump ship to save their own hides, reviews GEOFFREY EU MARGIN CALL is the most relevant movie in cinemas tod a y and should be required viewing
        PHOTOS: BEFORE THE DOOR  -  671 words
      • Article, Illustration
        Lock icon Hong Kong wuxia hits the mark
        633 27  -  By DYLAN TAN TYPICAL of Hong Kong action auteur Tsui Hark, he goes overboard with just about everything in his new film Flying Swords of Dragon Gate. It’s billed as the first 3D “wuxia” (swordfighting) film and in the first half hour, it already
        FILE PHOTOS  -  633 words
      • Article, Illustration
        Lock icon Asia comes of age
        1076 28  -  From big budget busts to box-office booms, Asian films see their fair share of diamonds, duds and better things to come, reviews DYLAN TAN BEST FILMS You Are The Apple of My Eye (Taiwan) DIRECTOR Giddens Ko turns his semi-autobio-graphical novel into one of the most
        1,076 words
      • Article, Illustration
        Lock icon The year’s best in films
        1221 28  -  By GEOFFREY EU In 2011, cinema screens sparkled with heroic deeds, historical dramas, political intrigue and fascinating journeys of discovery. On the blockbuster front, it was business as usual as superheroes rescued damsels in distress, pirates rakishly got it on with mermaids and He-Who-Must-Not-Be-Named finally
        1,221 words
    • FESTIVALS AROUND THE WORLD
      • Article, Illustration
        Lock icon Guangzhou’s designing ways
        930 29  -  The Chinese city, which recently held the Guangzhou Design Week, is waking up to the importance of design. By LETITIA TAN Letitia Tan is a freelance writer Brought to you by Ascott DESIGN translates an idea or a message into something tangible. This may take shape in
        BLOOMBERG; FILE PHOTO  -  930 words
    • Article, Illustration
      Lock icon State of play
      1747 30  -  If audience attendance is a bellwether of where Singapore theatre is headed, then 2011 clearly stands out as The Year of Living Dangerously on stage with more companies staging edgier works that dared to take on hot-button issues, reports NATALIE KOH THE disappointing turnout for thisyear’s Singapore
      PHOTOS: WILD RICE, MAN SINGAPORE THEATRE FESTIVAL. PANGDEMONIUM PRODUCTIONS, THE NECESSARY STAGE; PHOTO-ILLUSTRATION: MOHD KHAIRIE  -  1,747 words
Page thumbnail Page 25
Page thumbnail Page 26
Page thumbnail Page 27
Page thumbnail Page 28
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      149 29 ASCOTT LIMITED A Member of CapitaLand ENJOY CHINA WITH ASCOTT AND WIN A LONDON ESCAPADE! To kick off the New Year, Ascott presents exclusive travel packages across 13 exciting cities in China from 1 January to 29 February 2012, bringing you homely comforts of our serviced residences during your festive
      149 words
Page thumbnail Page 30