The Business Times, 20 June 2012
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2012-06-20
1
32
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section25 2012-06-20 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Wednesday, June 20, 201225 words
-
Article, Illustration872 2012-06-20 1 VICTORIA HO - Its new tablet could bump out iPads from enterprise, pitch it against PC makers By VICTORIA HO [SINGAPORE] Watch out, tablet world: Microsoft is targeting those who have had problems finding a “work” use for their iPads. It is offering a tablet whichAFP - 872 words
-
647 2012-06-20 1 JOYCE HOOI - Analogue to be phased out, creating new channels for broadcaster clashes By JOYCE HOOI [SINGAPORE] The heat will be turned up both for broadcasters and the Queens of Caldecott Hill when all seven of MediaCorp’s free-to-air TV channels go digital by647 words
-
MARKETS DIGEST
-
Article110 2012-06-20 1 GST INDEX 2,842.41 (+18.19) GST INDEX FUTURES 2,842.00 (+18.00) GSIMSCI 327.47 (+2.12) GSIMSCI FUTURES 327.70 (+2.20) US$ S$ US$ (S$ per US$) 1.268 (US$/S$ per 1.567 1.988 EURO (US$/S$/E) 1.259 1.597 Foreign currency per US$ S$ YEN 78.90 62.20 RM 3.158 2.490 HK$ 7.759 6.117 BAHT 31.40 24.75 RUPIAH110 words
-
Article19 2012-06-20 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.481 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg Source: Bloomberg19 words
-
-
Page 1 Advertisements
-
Advertisement7 2012-06-20 1 PROPERTY Retail rents holding steady PAGE 47 words
-
Advertisement12 2012-06-20 1 STRAIT TALK Battling through the tough times PAGE 19 8 *****1 *****412 words
-
Advertisement117 2012-06-20 1 OPINION Milestone in Singapore’s energy strategy PAGE 23 1st mmm &4&?' 'SB .v. PSat^-g;; %i J S\ A S* ‘r" r, •+i*., cv .i *>. ..jss? 1 ,v>: s IHBmr >' r jfy. Iff' mF*WW‘ Martin No. 38 has been conferred the ‘Building of the Year' Award 2012 by the117 words
-
Advertisement11 2012-06-20 1 EXECUTIVE MONEY Cash is king, queen, jack and ace PAGE 2911 words
-
-
TOP STORIES
-
Article596 2012-06-20 2 Microsoft takes on iPad in corporate battlefield WATCH out, tablet world: Microsoft is targeting those who have had problems finding a “work” use for their iPads. It is offering a tablet which can run standard applications such as its own Office programs and Photoshop. Microsoft’s device will run596 words
-
Article, Illustration517 2012-06-20 2 SIOW LI SEN - Services sector, buoyed by record visitor arrivals, shows biggest jump By SIOW LI SEN [SINGAPORE] Only nine bills out of 20 were settled promptly by companies in the first quarter of this year. If you think that’s bad, it’s an improvement over the previousSource: Singapore Commercial Credit Bureau - 517 words
-
325 2012-06-20 2 LATEST US DATA AP [WASHINGTON] US builders started work on more single-family homes in May and requested the most permits to build homes and apartments in three-and-a-half years. The increase suggests the housing market is slowly recovering even as other areas of theAP - 325 words
-
Article, Illustration563 2012-06-20 4 MICHELLE TAN - Both Orchard and suburban malls saw a marginal increase from the past quarter, says DTZ By MICHELLE TAN [SINGAPORE] Retail rents remained resilient in the second quarter of 2012, underpinned by the largely positive consumer sentiment and healthy tourist arrivals. Based on dataSource: CBRE Research - 563 words
-
Article, Illustration366 2012-06-20 4 ROBERT CYRAN - REUTERS BREAKINGVIEWS By ROBERT CYRAN MICROSOFT has managed to pull off a welcome surprise. Considering the software giant’s poor track record selling consumer gadgets, few would have been surprised if it managed to produce another doozy with its foray into the market for366 words
-
Article, Illustration807 2012-06-20 4 Aim is to fix a global economy roiled by eurozone worries AP [LOS CABOS, Mexico] The leaders of the world’s largest economies will portray themselves as united behind efforts to boost growth and job creation in order to repair a global economy roiledAP; REUTERS - 807 words
-
539 2012-06-20 4 AP [ATHENS] Rival Greek party leaders were locked in a second day of power-shar-ing talks yesterday, with two potential minority partners voicing hope that a pro-bailout coalition government can be quickly formed after the debt-crip-pled country’s second inconclusive election in six weeks. AtAP - 539 words
-
-
Page 2 Advertisements
-
Advertisement217 2012-06-20 2 I focus on accumulating a wealth of ideas. It’s my choice. m In today's world, it takes a different perspective to make a difference. At Kaplan, through our collaborations with acclaimed international universities, we create an environment where students thrive and build their own distinctive identity. Choose from a range217 words
-
Advertisement500 2012-06-20 2 Tax workshop for banking professionals Cutting through complexities in the evolving tax landscape Dates Tuesday, 14 August 2012 9.00am to 5.30pm Wednesday, 15 August 2012 9.00am to 5.30pm Venue Grand Copthorne Waterfront Hotel Seminar Fees Client/KPMG Alumni/SIATP Members S$980 per participant (2 days) Non-client S$1,080 per participant (2 days) The500 words
-
-
Page 3 Advertisements
-
Advertisement188 2012-06-20 3 V LG A R I I N C DANIEL ROTH k GJ m* P5«8BB x. rn? WSAgjMK ssssfis&ssssspss vfe:-- > i j V X> S \'V < *ar* i nr 9 {-.t t •‘-i-rw i\ v' y y n S fc vy*. 4 ve 2 i ;.Vs A > ,.-i188 words
-
-
Page 4 Advertisements
-
Advertisement300 2012-06-20 4 The platform for active traders. KE Trade PRO V '^VbAnT Free Access for first 3 months* For 1st 300 new clients who sign up for KE Trade PRO Refer-a-Friend Programme* Enjoy 20% commission rebate S$100 Robinsons vouchers Attend Our Seminars Learn about the features of KE Trade PRO For details,300 words
-
-
Page 5 Advertisements
-
Advertisement108 2012-06-20 5 THE PURSUIT OF PERFECTION THE FIRST LUXURY SUV SETS THE v NEW STANDARD v> RX INTRODUCING THE NEW LEXUS RX For over a decade, the Lexus RX has set the standard. Now, this powerful presence has an even bolder face. Experience leading edge innovation and ultimate space and comfort in108 words
-
-
COMPANY NEWS
-
Article, Illustration529 2012-06-20 6 JOYCE HOOI - Other Myanmarrelated plays also saw gains in their share prices By JOYCE HOOI PUNTERS pushed Aussino Group’s stock price up a good 46 per cent yesterday, following news of the linen firm’s potential move into the petrol business in Myanmar. The stock529 words
-
481 2012-06-20 6 KENNETH LIM - By KENNETH LIM A SINGAPORE-based private equity fund is now the proud owner of the outstretched arms and slapping palms of popular children’s entertainment brand Hi-5 Australia. Dragonrider Opportunity Fund II LP, a consumer sector-focused fund managed by Singapore-listed Asiasons Capital, has481 words
-
404 2012-06-20 6 CAI HAOXIANG - Only 1.34b shares worth $816m traded yesterday By CAI HAOXIANG TWO days after Greece voted for a pro-bailout party, trading activity at the Singapore Exchange (SGX) remained muted. The flavours of the day were commodity stocks, penny stocks, and Myanmar plays. Despite404 words
-
322 2012-06-20 6 LYNETTE KHOO - By LYNETTE KHOO YANGZIJIANG Shipbuilding is making an exit from one of its two microfinance units to reduce overlaps. Its wholly owned subsidiary, Jiangsu Yangzijiang Shipbuilding Co Ltd, has entered into an agreement to sell the entire 31.5 per cent stake in Wuxi322 words
-
Article, Illustration454 2012-06-20 7 GLENN CHOO - Oil gas stocks seen staying resilient Analysts still upbeat about the sector despite the fall in world oil prices By GLENN CHOO THE year has turned out to be Janus-like so far for Sin-gapore-listed offshore service providers whose soaring order wins have failed to win the stock market’s favour. SharesSource: Bloomberg - 454 words
-
241 2012-06-20 7 Reuters [MUMBAI] India’s GVK Power and Infrastructure is seeking to raise US$*****0 million by selling a stake in its Singapore arm and is in talks with Government of Singapore Investment Corp (GIC)for a potential deal, two sources with direct knowledge ofReuters - 241 words
-
401 2012-06-20 7 LYNN KAN - By LYNN KAN OFFSHORE vessels builder STX OSV Holdings yesterday chalked up its eighth consecutive order from a European customer despite the region’s banking institutions cherry-picking who to lend to. STX OSV said it will build two platform support vessels401 words
-
COMPANY BRIEFS
-
97 2012-06-20 7 ASIAMEDIC Ltd is entering the private healthcare industry in China with a post-natal confinement centre and a medical centre in Shanghai. The group said it has signed two agreements with an unrelated third party in China. Under the agreements, AsiaMedic will jointly operate the post-natal97 words
-
142 2012-06-20 7 OLAM International and Blommer Chocolate Company the largest cocoa processor and ingredient chocolate supplier in North America has formed a 50:50 joint venture, GrowCocoa. Headquartered in the US, GrowCocoa will bolster the cocoa supply chain based on the combined strengths of both partners: in142 words
-
Article63 2012-06-20 7 STATS ChipPAC Ltd said it has reached the production milestone of one billion copper wirebond units shipped. The semiconductor test and advanced packaging service provider said yesterday that the achievement was driven by its high volume manufacturing capabilities combined with its engineering focus on copper wire63 words
-
-
Article, Illustration231 2012-06-20 9 APRIL CHYE - Reports by APRIL CHYE OPTUS, the Australian subsidiary of Singapore Telecommunications (SingTel), has completed the acquisition of Seven Group Holdings’ wireless broadband provider Vividwireless Group. Announcing this yesterday, Optus said that it plans to construct two major Long-Term Evolution TimeDivision Duplex (LTE-TDD) technology testing facilities inSINGTEL - 231 words
-
217 2012-06-20 9 NTEGRATOR International Ltd, a Singapore-based communications network specialist and systems integrator, has secured a managed services contract from Sino Huawei Technologies Pte Ltd. Huawei has appointed Ntegrator to manage SingTel’s outsourced copperbased voice and data network infrastructure in Singapore. Said Jimmy Chang, managing director of217 words
-
Article278 2012-06-20 9 Pictet-Absl Rtn Glo Cons-P EUR 15.06.2012 EUR 103,42 Pictet-Absl Rtn Glo Div-P EUR 15.06.2012 EUR 116,31 Pictet-Asian Equities Ex Japan-P USD 15.06.2012 USD 155,12 Pictet-Asian Local Currency Debt-P USD 15.06.2012 USD 147,32 Pictet-Biotech-P USD 15.06.2012 USD 326,76 Pictet-Clean Energy-P USD 15.06.2012 USD 58,35 Pictet-Digital Communication-P USD 15.06.2012 USD 135,29278 words
-
506 2012-06-20 9 PAULINE NG - Only one other firm has put in bid to supply platform screen doors By PAULINE NG By PAULINE NG in Kuala Lumpur SINGAPORE Technologies Electronics Ltd stands a good chance of securing one of the MRT packages up for grabs506 words
-
-
Page 6 Advertisements
-
Advertisement268 2012-06-20 6 I want to align my strategy with my vision. It’s my choice. i Like time, learning never stops. At Kaplan Professional, we find ways to for you to reinvent yourself. Training over 50,000 participants in 200 organisations. We are committed to supporting individuals and organisations in achieving results and career268 words
-
Advertisement69 2012-06-20 6 5c, IS jk Titr? T»J&:»*+<l'ffl ikiJklSSIS^^! Making Appointment and 3 Basic Information’s GIVEN ahead is a must! Company Name, Person-In-Charge (Director Owner Name only) and Contact Number. Fax: (65) *****651 sales_enquiries@e-intrasphere.com www.e-intrasphere.com IntraSphero Intrasphere Business Group™ it tP The Loan and Grant Department t 111 >lk E E It PA69 words
-
Advertisement54 2012-06-20 6 h'lul JACKPOT Estimated Draw on Thu, 21 Jun 2012 at 6.30pm at PoMo For details, visit www.singaporepools.com.sg [p Yri) Always play with care. [responsibiyj Do not bet illegally. RGB Reg No: *****0202G Towards Community Purpose and Benefit SINGAPORE m Home in on a variety of property listings in Malaysia @STProperty.sg54 words
-
-
Page 7 Advertisements
-
Advertisement158 2012-06-20 7 r a Vjjr i«tan »r* «it nnn ’.or JERRY LUM Snr Marketing Director, MBA, CES cea licence no: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg ERA Estate Agent Licence No L*****82K When You Buy, Sell, or Rent OFFICIAL FERRARI IMPORTER SINGAPORE Si. Ital Auto Pte Ltd Evocative Power, Exceptional158 words
-
-
SINGAPORE MARKETS
-
Article, Illustration555 2012-06-20 8 VEN SREENIVASAN - Cautious mood in Asia reflects players’ nervousness ahead of a deluge of newsflows STOCKS VEN SREENIVASAN Senior Correspondent MARKET sentiment appears to be caught in the crosswinds of three developments which could propel financial markets in any direction in the coming days. Even asSource: Bloomberg - 555 words
-
Article66 2012-06-20 8 Jun 19 VALUE CLOSE BT OB/OS 431.00 +83.0 BT CADI -*****.00 +100.0 BT 10-day MA -*****.00 +43.00 FTSE ST Mid Cap 659.79 +2.27 FTSE ST Small Cap 433.55 +1.88 FTSE ST All Share 688.00 +4.00 FTSE ST China Top 195.06 +1.31 FTSE ST China 220.30 +2.02 FTSE66 words
-
Article186 2012-06-20 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 4 6 0 0 0 6 4 6 Manufacturing 58 31 32 7 5 8 65 36 40 Commerce 26 14 19 2 2 4 28 16 23 Tpt/Stor/Comms 16 11 13186 words
-
Article, Illustration1033 2012-06-20 8 LYNETTE KHOO - Compiled by LYNETTE KHOO Office Reits DBS GROUP RESEARCH, June 19 A MORE tax-efficient structure for MBFC Phase 1 in place: K-Reit and Suntec Reit announced that they had successfully converted the vehicle which holds Marina Bay Financial Centre Towers 1 2 and Marina Bay Link Mall PhaseSource: Bloomberg - 1,033 words
-
Article119 2012-06-20 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 9,231 9,231 39,071 39,071 Manufacturing 239,989 17,571 257,560 127,141 1,851 128,991 Commerce 307,530 8,100 315,630 148,761 317 149,078 Tpt/Stor/Comms 55,499 8,413 63,912 80,471 2,263 82,734 Finance 9,964 9,964 90,519 90,519 Construction 44,526 12,550 57,076 5,846119 words
-
Article113 2012-06-20 8 Stock name Close Change CapMallsAsia 1.495 +0.015 CapitaLand 2.730 +0.010 CapitaMall 1.805 +0.015 CityDev 10.720 +0.120 ComfortDelGro 1.480 +0.005 DBS Grp 13.620 +0.110 F&N 6.920 +0.060 GLP 2.140 +0.010 Genting SP 1.440 -0.010 Golden Agri 0.650 HK Land 5.800 +0.090 JMH 48.350 +0.010 JSH 29.610 -0.190113 words
-
Article, Illustration466 2012-06-20 8 CURRENCIES Bloomberg [SINGAPORE] Asian currencies traded near the highest level in almost two weeks on speculation the Federal Reserve will announce fresh stimulus measures to shore up growth in the world’s largest economy. The Federal Open Market Committee was set to begin a two-dayBloomberg; BLOOMBERG FILE PHOTO - 466 words
-
Article56 2012-06-20 8 VOLUME GSH Corp 107,372,000 ChinaTaisan 68,622,000 TT Intl 60,069,000 Yoma 42,372,000 Noble Grp 42,243,000 Sakari 35,399,000 Genting SP 33,042,000 Ntegrator 28,651,000 Golden Agri 27,699,000 Olam 25,387,000 VALUE($) Olam 49,168,295 Noble Grp 49,073,290 Sakari 48,702,140 Genting SP 47,806,360 DBS Grp 32,246,555 UOB 28,258,778 Keppel Corp 26,536,830 SingTel 25,458,17056 words
-
Article111 2012-06-20 8 BY CENTS CLOSE UP GLD 10US$ ***** 95.1 0.5 Jardine C&C 4435 80.0 1.8 UOB 1835 25.0 1.4 Hyflux 6% CPS 10 ***** 20.0 0.2 DBXT MSMSIA 10US$ 1313 15.2 0.9 Keppel Corp 1035 14.0 1.4 Lyxor HangSeng 10US$ 251 12.7 4.1 CityDev 1072 12.0 1.1 HK Land 580111 words
-
Article113 2012-06-20 8 BY CENTS CLOSE DOWN DBXT MSTHAI 10US$ 1773 -36.8 -1.6 IS S&P500 ***** -33.0 -0.2 DBXT FTChina25 10US$ 2563 -25.4 -0.8 DBXT MSINDIA 10US$ 738 -25.4 -2.6 JSH 2961 -24.1 -0.6 DBS.ES.1206 1353 -16.0 -1.2 DBXT MSINDO 10us$ 1354 -14.0 -0.8 DairyFarm 1032 -10.1 -0.8 CerebosPac 547 -8.0 -1.4113 words
-
-
Page 9 Advertisements
-
Advertisement90 2012-06-20 9 Virty&V SAVtM, > 2- WEEKEND MALACCA CRUISE Singapore Departure: Nov 3 Ports-of-call: Singapore, Malacca 3- BEST OF MALAYSIA CRUISE Singapore Departures: Oct 31, Nov 9,16,23,30, Dec 7,14,26 Ports-of-call; Singapore, Malacca, Penang 4- ISLES OF SOUTHEAST ASIA CRUISE Singapore Departures: Nov 05,19,26, Dec 3,10,17,21 29 Ports-of-call; Singapore, Kuala Lumpur (Port Klang),90 words
-
Advertisement184 2012-06-20 9 www.iesingapore.com/asbf AFRICA SINGAPORE BUSINESS FORUM Two economies One mission Promoting trade and investment between Africa and Singapore. i Oil Gas Retail Consumer Goods Shipping Logistics Distribution Information Communications Technology Manufacturing Urban Planning Solutions Infrastructure Development Education Financing Corporate Social Responsibility Where Singapore Returning for the second year, the African Singapore184 words
-
-
SINGAPORE NEWS
-
514 2012-06-20 10 MICHELLE TAN - Offer is at a 28% premium to the second highest bid of $18.2m By MICHELLE TAN A 30-YEAR leasehold industrial site at Tai Seng Link garnered a top bid that exceeded consultants’ expectations at its tender close yesterday. OKH514 words
-
712 2012-06-20 10 MALMINDERJIT SINGH - By MALMINDERJIT SINGH IT’S not the euro that is to blame for the current eurozone crisis but the disparity in monetary discipline among member states. The fact that there are countries using the euro that continue to do well economically is testament712 words
-
Article, Illustration436 2012-06-20 10 MINDY TAN - By MINDY TAN THREE prime conservation shophouses along Amoy Street have been put up for sale by expression of interest. The three shophouses 77, 78, and 79/80 Amoy Street sit on a combined site area of 8,182 sq ft, with an estimated436 words
-
Article, Illustration527 2012-06-20 10 NISHA RAMCHANDANI - Customer service guru gives advice to local companies By NISHA RAMCHANDANI COMPANIES in Singapore need to undergo a mindset change and work on creating an uplifting service experience, which will help them to attract and retain both customers and staff, according to customer service consultant527 words
-
SINGAPORE ROUNDUP
-
107 2012-06-20 10 NANYANG Technological University (NTU) has started the “Train-the-Trainer” programme for the first batch of senior Vietnamese officials who are in Singapore to be trained as master trainers on public administration, policy, and governance. The two-week programme is supported by a funding of $400,000 from Temasek107 words
-
Article85 2012-06-20 10 THE telecoms regulators of Brunei and Singapore are currently exploring the reduction of mobile roaming rates between both countries for services such as voice calls, SMS, and data usage. This was revealed by Minister for Information, Communications and the Arts Yaacob Ibrahim yesterday at the85 words
-
52 2012-06-20 10 INVESTMENT management firm Neuberger Berman has appointed Vincent Lim as senior vice-president of business development in Singapore, with a regional focus on South-east Asia financial institutions. Mr Lim was formerly from UBS Global Asset Management in Singapore where he was responsible for South-east Asia’s book52 words
-
-
389 2012-06-20 10 WANG XIN MIN - By WANG XIN MIN MISPLACED your credit card or going overseas? Fret not. Citibank offers a new service that gives customers the flexibility to reactivate and deactivate their cards via a wide range of channels. Citibank has introduced new ATM, credit and debit card security389 words
-
-
Page 10 Advertisements
-
Advertisement11 2012-06-20 10 CATS Recruit The first door to your world of opportunities CLA/AUG06/g11 words
-
-
ECONOMY WATCH
-
Article, Illustration1040 2012-06-20 11 Anxious days for many, who need better jobs, more hours, more money NYT [NEW YORK] Throughout the Great Recession and the not-so-great recovery, the most commonly discussed measure of misery in the United States has been unemployment. But many middle-class and working-class people whoNYT; AFP - 1,040 words
-
460 2012-06-20 11 Minutes highlight just how close the call to ease was Reuters [SYDNEY] Australia’s central bank said its decision to cut interest rates this month was “finely balanced”, but the growing threat from Europe and tame inflation at home meant monetary policy could beReuters - 460 words
-
-
Page 11 Advertisements
-
Advertisement62 2012-06-20 11 Mr C.K. Ow Executive Chairman, Stamford Land Corporation Limited Honorary Officer In The Order of Australia My heartiest congratulations to you, CK! This is an honour to your immense efforts at fostering even closer business relations between Australia and Singapore. You are always a friend as well as a pre-eminent62 words
-
-
MALAYSIA/INDONESIA
-
Article, Illustration585 2012-06-20 12 Final obstacle removed when parliamentary panel ruled in its favour AP [KUALA LUMPUR] Australian miner Lynas Corp hopes to fire up a plant in Malaysia to process rare earths materials critical for manufacturing hightech products now that a parliamentary panel hasAP; REUTERS - 585 words
-
228 2012-06-20 12 Bloomberg [KUALA LUMPUR] Islamic mortgages in Malaysia are growing at three times the pace of non-Shariah-compli-ant home loans, boosted by tax incentives and flexible payments. Residential loans that comply with the tenets of Islam increased by an average 37 per cent in theBloomberg - 228 words
-
280 2012-06-20 12 Cornerstone investor numbers, high fees give it pause [KUALA LUMPUR] One of the cornerstone investors in Felda Global Ventures Holdings Bhd (FGVH), which is gearing up for its listing, may be reconsidering its investment, business executives familiar with the matter said. The Edge Financial280 words
-
310 2012-06-20 12 Reuters [JAKARTA] Indonesia’s government can use US$2.55 billion from its existing 2012 infrastructure budget for stimulus spending in the event the euro crisis worsens, its deputy finance minister said yesterday. Developed and emerging economies grouped in a G-20 meeting in MexicoReuters - 310 words
-
-
Page 12 Advertisements
-
Advertisement771 2012-06-20 12 UP YOUR MANAGEMENT SKILLS Utilising areas of Productivity, Social Media Negotiation Who should attend: Corporate Communications Professionals, Human Resource Professionals, Head Hunters, Search firm owners, Team Leads, Departmental Heads, Operational Managers, Supervisors Register at www.stjobs.sg/seminars FULL-DAY WORKSHOPS Transforming Service Breakdown to Opportunities Monday, 18 June, SPH News Centre (9.30am to771 words
-
-
GREATER CHINA/INDIA
-
Article, Illustration514 2012-06-20 13 Bullish view follows govt measures to support expansion Bloomberg [BEIJING] China’s commerce minister said his nation’s economy is heading for a rebound this month following government measures to support growth, adding to signals of confidence among officials that the slowdown isBloomberg; REUTERS - 514 words
-
433 2012-06-20 13 Bloomberg [NEW DELHI] India’s sover-eign-credit outlook was lowered to negative from stable by Fitch Ratings, which cited the heightened risk of a deterioration in growth potential and limited progress on paring the nation’s budget deficit. Price pressures and weak public finances put “evenBloomberg - 433 words
-
585 2012-06-20 13 YONNEX LI - But labour-intensive model still feasible for low value-added manufacturing By YONNEX LI EJ Insight A RAPID rise in labour costs and intensifying competition are forcing the pace of change at Chinese manufacturers and spurring much-needed innovation in the world’s factory, market players said.EJ Insight - 585 words
-
-
Page 13 Advertisements
-
Advertisement121 2012-06-20 13 This Ride Will Go A Long Way wi ZJ A ft r L New CC Want to own this car and also do your bit to help the community? Then bid for this Volkswagen CC 1.8 TSI. Proceeds from the auction will go to a fund that will provide one-year's121 words
-
-
WORLD
-
Article, Illustration613 2012-06-20 14 ECB should step in to fight market pressure, says Treasury Minister Reuters [MADRID] Spain paid another euro-era record price to sell short-term debt yesterday, pushing it closer to becoming the biggest eurozone country to be shut out of credit markets. The soaring borrowingReuters; REUTERS - 613 words
-
750 2012-06-20 14 Bloomberg [LONDON] London bankers are increasingly being banned for life for breaking market abuse rules by a regulator that is trying to burnish its image as a tougher watchdog. The number of Financial Services Authority (FSA) bans peaked in the yearBloomberg - 750 words
-
Article, Illustration537 2012-06-20 14 Bloomberg [WASHINGTON] US House members criticised regulators yesterday for failing to detect JPMorgan Chase’s loss of at least US$2 billion on risky derivatives trades and pressed for additional measures to ensure that similar losses don’t occur in other banks. The headsBloomberg - 537 words
-
486 2012-06-20 14 Expectations index falls to minus 16.9 in June from May’s 10.8 Bloomberg [FRANKFURT] German investor confidence fell more than economists forecast in June as Europe’s sovereign debt crisis weighed on the economic outlook. The Centre for European Economic Research (ZEW) in Mannheim said itsBloomberg - 486 words
-
Article, Illustration506 2012-06-20 14 AP [LONDON] Consumer price inflation in Britain eased to 2.8 per cent in May, an improvement which caught the market by surprise and raised expectations that the Bank of England (BOE) will provide more stimulus to the economy within weeks. A 3.1 perAP; BLOOMBERG - 506 words
-
Article, Illustration466 2012-06-20 15 Concerns that she’ll turn papers into a ‘Mining Gazette’ AP [CANBERRA] Australia’s government said yesterday it fears the country’s richest person, Gina Rinehart, plans to use her growing stake in a major newspaper publisher to push her own commercial agenda. Ms Rinehart, aAP; AFP - 466 words
-
488 2012-06-20 15 ANTHONY ROWLEY - Move linked to govt crackdown on insider trading; SMBC Nikko also hit By ANTHONY ROWLEY in Tokyo THE sale of some US$6 billion of shares in former state monopoly Japan Tobacco (JT) is a major event in the country’s financial calendar488 words
-
235 2012-06-20 15 Bloomberg [TOKYO] Japan’s competition regulator will soon give the go-ahead for the country’s two biggest bourses to merge, Tokyo Stock Exchange Group Inc (TSE) president Atsushi Saito told shareholders yesterday in Tokyo. “I think the deal will be approved fairly soon,” MrBloomberg - 235 words
-
454 2012-06-20 15 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo FOREIGN holdings of Japanese government debt are swelling fast as overseas capital continues to pour into the yen in search of a safer haven than the euro and other currencies, propelling the level of overseas investment in Japanese454 words
-
Article, Illustration1037 2012-06-20 15 Reuters [NEW YORK] It’s not every day that a company bungles something so badly that it has to turn to a regulator for help to clean up its mess. But that’s what the Nasdaq stock market has done with the Financial IndustryReuters; AP - 1,037 words
-
Article, Illustration943 2012-06-20 17 20 of the weakest banks closed, illicit lending, lax oversight uncovered Bloomberg [SEOUL] On the day she was supposed to have appeared before prosecutors for questioning last month, an executive of a shuttered South Korean savings bank hanged herself with her scarf inBloomberg; BLOOMBERG - 943 words
-
591 2012-06-20 17 But 2011’s figures still US$11b below 2007 record: study Reuters [NEW YORK] US donations to charity rose to US$298.42 billion last year, but were still US$11 billion below a 2007 record as nonprofits battle through the sector’s second-slowest recovery from recession in 40Reuters - 591 words
-
648 2012-06-20 17 NYT [NEW YORK] Asians have surpassed Hispanics as the largest stream of new immigrants to the United States, pushing the population of Asian descent to a record 18.2 million and helping to make Asians the fastestgrowing racial group in the country, accordingNYT - 648 words
-
Article, Illustration689 2012-06-20 17 NYT [NEW YORK] For Goldman Sachs, the insider trading case against former board member Rajat Gupta, which ended in a conviction last Friday, was distracting and, at times, embarrassing. It has also been very expensive. Goldman Sachs has paidNYT; BLOOMBERG - 689 words
-
-
Page 15 Advertisements
-
Advertisement53 2012-06-20 15 One Afternoon 0 i HAVE GOT A WHOLE STACK OF MATERIALS FOR MY STOCK ANALYSIS... \T 6Q s&mu r ft Z? k issgr I You SHOULD SWITCH TO USING I ONLINE RESOURCES INSTEAD SHARElNVESTOR.com YOUR ONE-STOP FINANCIAL PORTAL FOR ALL YOUR INVESTMENT NEEDS. Visit ShareInvestor.com now FOR A 18 DAYS53 words
-
-
Page 16 Advertisements
-
Advertisement53 2012-06-20 16 Your family business has outgrown your family. It’s about time you hire someone who doesn’t call you daddy A product of SPH, Singapore’s trusted media group. At stjobs.sg your ideal job isn’t hard to find. The STJobs App for iPhone and iPad is free and available for download on the53 words
-
-
Page 17 Advertisements
-
Advertisement16 2012-06-20 17 GRAB YOUR JULY ISSUE NOW! GETINSPIRED! INTHIS ISSUE? THEAMAZINGSTORY OFTHEWORLD’SFASTEST PARATHLETE GET FIT FAST! THEULTIMATEWORKOUT FORBUSYMEN!16 words
-
-
Page 18 Advertisements
-
Advertisement71 2012-06-20 18 With more than 1.5 million job seekers visiting us monthly, the right employee shouldn’t be hard to find. Source: Nielsen NetRatings May 2012 r 1 V# |C A product of SPH, Singapore's trusted media group. At stjobs.sg your ideal employee isn’t hard to find. The STJobs App for iPhone and71 words
-
-
Transport HUB
-
Article, Illustration627 2012-06-20 19 S JAYASANKARAN - Allowing Syed Mokhtar to take over would relegate port to feeder status By S JAYASANKARAN in Kuala Lumpur AFTER rejecting a federal government bid to privatise the port of Penang last week, the Opposition-run state government warned yesterday that privatising it would relegate627 words
-
676 2012-06-20 19 Classification cover is vital for vessels to stay operational Reuters [LONDON] Germany’s Germanischer Lloyd (GL) has stopped verifying safety and environmental standards for Iran’s biggest shipping companies, a letter from the company showed, the last big European classification society to pullReuters - 676 words
-
Article794 2012-06-20 19 DAVID HUGHES - ‘The sea gets sick but never dies’ STRAIT TALK By DAVID HUGHES THERE is no doubt that trading conditions for most sectors of the shipping industry are extremely tough. There have been many indications in recent press reports of how difficult companies are finding it794 words
-
Article, Illustration472 2012-06-20 19 Reuters [DUBAI] Iran has blocked off information on its oil loadings that show how it is coping with the effects of sanctions hampering its crude exports. Its main crude export hub, Kharg Island terminal, has stopped circulating a list of loaded oilReuters; REUTERS FILE PHOTO - 472 words
-
325 2012-06-20 19 AFP [SYDNEY] Australian tycoon Clive Palmer said yesterday it was full steam ahead for his plan to build a 21st century version of the Titanic, with 20,000 people expressing interest in the maiden voyage. There was scepticism when the self-made miningAFP - 325 words
-
Article260 2012-06-20 19 SGX '000 Jun 19 S$ +/-Vol CH Offshore 0.40 -0.01 37 Chuan Hup Hldg 0.22 -0.01 162 Cosco Corp 1.01 0.01 6502 S$ Ezra Hldgs 1.02 0.03 7711 First Ship Lea 0.17 unch 362 Freight Links 0.06 unch 750 Grand Banks unch unch 0 Jaya Hold Ltd 0.58260 words
-
TRANSPORT HUB: AVIATION
-
610 2012-06-20 20 VEN SREENIVASAN - April’s soft spot largely in North Atlantic; markets in Asia-Pac still robust By VEN SREENIVASAN FOR the better part of the past year as coach class yields came under pressure due to cut-throat competition and high fuel price, airlines were counting on high-ticket610 words
-
Article, Illustration343 2012-06-20 20 AFP [TOKYO] The head of budget airline Jetstar Japan, which is to launch domestic flights next month, said yesterday its presence would not hamper efforts to revive its major shareholder Japan Airlines (JAL). Miyuki Suzuki, chief executive of the low-cost carrier part-owned byAFP - 343 words
-
Article, Illustration755 2012-06-20 20 Bloomberg [NEW YORK] Fred Smith has taken FedEx Corp from an idea in a college essay to the world’s biggest cargo airline over the past four decades. Now the company has to figure out how to plan for the founder’s eventual departure.Bloomberg; BLOOMBERG - 755 words
-
452 2012-06-20 20 Reuters [MISSISSAUGA, Ontario] The head of the United Nations (UN) body that oversees civil aviation said on Monday he expects to have a draft proposal on measures to tackle emissions from aviation by March 2013, rather than at the end ofReuters - 452 words
-
Article, Illustration372 2012-06-20 20 RAUL GALLEGOS - REUTERS BREAKINGVIEWS By RAUL GALLEGOS [NEW YORK] Get ready for the world’s largest airline to take off this week. But don’t look north or east the globe’s most valuable carrier is set to be South American. Chile’s LAN Airlines is on track to finally consummate372 words
-
-
TRANSPORT HUB: LAND
-
Article, Illustration675 2012-06-20 21 European carmakers are looking for ways to expand outside their home region Bloomberg [PARIS] Renault SA is considering adding two upscale brands and further expanding in emerging markets to decrease the carmaker’s reliance on Europe’s shrinking volume car market. Renault may reviveBloomberg; AFP - 675 words
-
587 2012-06-20 21 AP [DETROIT] The US government has expanded an investigation into fires that can start in the doors of several Toyota models, adding 600,000 Camrys and other vehicles to the probe. The investigation now includes 1.4 million cars and SUVs from the 2007 toAP - 587 words
-
Article, Illustration566 2012-06-20 21 Bloomberg [BEIJING] Leonardo Fioravanti, the designer of the Ferrari Daytona and 288 GTO, has a new job on his hands: transforming a Chinese army motorcycle maker into a global premium car brand. Beijing Automotive Group Co, which traces its roots to producing sidecar motorcyclesBloomberg; AP - 566 words
-
526 2012-06-20 21 Bloomberg [SOUTHFIELD, Michigan] US consumers are getting better deals on luxury cars and sport-utility vehicles (SUVs) this year as the top brands clear out old models and race to be No 1 in sales. Toyota Motor Corp’s Lexus has led the riseBloomberg - 526 words
-
-
-
Page 20 Advertisements
-
Advertisement30 2012-06-20 20 &Kl Lianhe Zaobao 261o'o 450oo 328(1 190 00 300 yuan per tin China's imported milk powder most expensive in the world StiSOOTcAKffi To subscribe, call 6388-3838 or go to sphsubscription.com.sg30 words
-
-
Page 20 Miscellaneous
-
Miscellaneous385 2012-06-20 20 CRYPTIC CROSSWORD Across 9 Fragrance brought about by ‘glamor’ (American) (5) 10 All energy will get dissipated in the normal run of things (9) 11 Firm has obligation to entertain top lady in camp (7) 12 Nearly all coppers admitting it would be prudent (7) 13 Like a big boom,385 words
-
-
Page 21 Advertisements
-
Advertisement538 2012-06-20 21 [«ATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF YTC CITY NETWORKS PTE. LTD. (In Members’ Voluntary Liquidation) (Company Registration No. *****5324Z) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the Company duly convened and held at 111 North Bridge Road #30-00538 words
-
Advertisement579 2012-06-20 21 AC Quant societe d'investissement a capital variable Registered office: L-2550 Luxembourg, 36, avenue du X Septembre R.C.S. Luxembourg B *****3 The shareholders of AC Quant (the "Company") are hereby informed that for the Extraordinary General Meeting of Shareholders of 13 June 2012 the quorum required to adopt a resolution on579 words
-
-
EDITORIAL & OPINION
-
491 2012-06-20 22 EDITORIAL WEAK sentiment about the global economy appears to have infected expectations at home. Forecasts of Singapore’s 2012 GDP growth have, in the central bank’s latest poll of economists last month, widened to a 3.5-point range, with the most bearish expecting just 0.5491 words
-
Article, Illustration776 2012-06-20 22 WILLIAM PESEK JR - THE BOTTOM LINE WILLIAM PESEK JR William Pesek is a Bloomberg View columnist. The opinions expressed are his own AS economic indicators go, Lady Gaga isn’t a big market mover. The pop superstar’s decision to scrap a sold-out concert in Indonesia last month776 words
-
Article, Illustration1066 2012-06-20 22 LEON HADAR - Relax, folks it ain’t the end of the world Today’s crises show that things are actually moving in the right direction LEON HADAR Washington Correspondent ‘THE Crisis of the Old Order’ was the title of a think-tank conference in Washington, DC, which I attended recently. With the crisis in theREUTERS - 1,066 words
-
Article, Illustration1462 2012-06-20 23 ANTHONY ROWLEY - Japan’s govt is looking to sell part of its stake in Japan Tobacco but at the same time has launched an anti-smoking campaign ANTHONY ROWLEY Tokyo Correspondent WITH what some see as being rather unfortunate or even bizarre timing, the Japanese government has chosen to launchREUTERS - 1,462 words
-
Article, Illustration838 2012-06-20 23 NEIL MCGREGOR - By NEIL MCGREGOR The writer is chief executive officer of the Singapore LNG Corporation SINGAPORE’S first liquefied natural gas (LNG) terminal is set to open in the second quarter of next year, marking a milestone in Singapore’s energy security strategy. Located on Jurong Island andFILE PHOTO - 838 words
-
-
SINGAPORE STOCKS
-
Article2463 2012-06-20 24 Transaction date: Jun 19 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld 123 92.5 AIMSAMPIReit 117.5 +0.5 43 117.5 117 117 117.5 7.1 11.22,463 words
-
Article177 2012-06-20 25 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol ('000) Day High Last Quote Low Buyer Seller Div Gr Yld Net C'vr P/E M Cap Smil 34 12.1 t177 words
-
Article8146 2012-06-20 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FundCI A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mgt Asia Limited Asian Local Cxy SD Bond 0.9983/ EM Local Cty Bond8,146 words
-
Article902 2012-06-20 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 122.4 122.4 CIMB APAC Div 100S$D 122.4 123.4 123.9 103 95.8 CIMB APAC Div 100US$ US96 97.3 97.8 10.1 Vol Day 1261 856 CIMBAsean40 100US$ US956902 words
-
Article187 2012-06-20 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 46 25.5 Genting HK US$ US33 +0.5 2425 33.5 32 33 33.5 2172.9 Vol 201 168 TanChongInt HK188 188 4.3 3.7 6.3 3786.1 STOCK PRICES LEGEND: Straits187 words
-
-
FINANCE & COMMODITIES
-
Article629 2012-06-20 26 Jun 19 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8692.82 8712.86 8630.66 Sep12 8705.00 8715.00 8620.00 8645.00 ***** *****7 Dec12 8600.00 8600.00 8600.00 8585.00 0 6454 MSCI TAIWAN INDEX FUTURES SPOT 259.85 260.09 258.08 Jun12 258.70 259.30 256.90 258.70 ***** *****9 Jul12 252.00 252.30629 words
-
373 2012-06-20 26 In local curr In S$ In US$ dy yr dy yr dy yr Jun 18 Index Change Change Change Change Change Change World Preliminary 854.5 0.2 3.0 0.1 0.4 0.1 2.3 EAFE Preliminary 677.0 0.5 -0.7 0.4 -4.1 0.4 -2.3 Europe Preliminary 1004.0 -0.1 -2.2373 words
-
Article, Illustration118 2012-06-20 26 As on 18 June 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL INDIA GOLD (E-GOLD) FUT AUG2012 538.50 534.10 541.15 822 CURRENCY EUR-USD FUT SEP2012 1.2717 1.2571 1.2597 2647 BASE METAL COPPER FUT JUL2012 7546 7433 7487 3943 INDEX IRON ORE (MBIO) IDX118 words
-
Article107 2012-06-20 26 Jun 18 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 12 1384.25 1376.00 1396.25 1375.25 Aug 12 1370.25 1357.00 1378.50 1357.75 Sep 12 1350.50 1332.00 1355.00 1336.25 Nov 12 1339.25 1314.00 1341.00 1317.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 12 48.76107 words
-
Article70 2012-06-20 26 CRUDE OIL PRODUCTS Jun 18 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 95.94 -1.79 WTI (Near Mth) 82.88 -1.14 Dubai (1-Mth F) 95.47 0.02 Tapis blend 103.03 -0.12 Minas 103.93 -0.12 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 82.17 0.28 Jet Kerosene 112.12 -0.22 US$/barrel OpecOil Basket70 words
-
Article22 2012-06-20 26 Jun 19 S$ Bid Offer 1-month 1.2679 1.2689 2-months 1.2679 1.2689 3-months 1.2677 1.2687 6-months 1.2663 1.2674 Source: OCBC22 words
-
Article64 2012-06-20 26 Jun 18 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1890.00 1895.00 3 months 1929.00 1933.00 Copper, Grade A(US$/tonne) Cash 7498.25 7498.75 3 months 7510.00 7510.00 Lead(US$/tonne) Cash 1881.50 1911.25 3 months 1895.50 1923.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.0064 words
-
Article80 2012-06-20 26 Jun 18 COCOA (£/tonne) Close Prev High/Low Jul 12 1530 1575 1585/1526 Sep 12 1513 1549 1564/1502 Dec 12 1483 1517 1528/1471 Mar 13 1469 1503 1512/1456 COFFEE(US$/tonne) Close Prev High/Low Jul 12 2066 2095 2100/2055 Sep 12 2079 2106 2114/2067 Nov 12 2065 2090 2096/2055 Jan 13 203480 words
-
1248 2012-06-20 26 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 4 1 146 369 8.00 23 Conv Ratio Baker Technology Ltd W*****6 1 1 32 18 28.00 5 Price Best World Intl Ltd W*****5 0.6 1 30 751,248 words
-
Article470 2012-06-20 26 Jun 19 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.036 6.439 0.804 7.860 56.730 95.850 0.799 11.705 3.199 1.279 95.045 42.858 1.285 8.406 0.966 30.243 31.807 0.646 1.013 Canada 0.965 6.212470 words
-
Article56 2012-06-20 26 Jun 19 (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$) 0.***** 3 mths 0.***** 0.***** SWAP Mid rates (S$) 0.***** SWAP Mid rates (S$) 1 yr 0.*****56 words
-
Article136 2012-06-20 26 Jun 19 GOLD(US$/oz) Jun 19 Jun 15 Hong Kong 1637.00 1632.00 Jun 15 Jun 18 Jun 14 London 1622.39 1620.34 1623.61 1621.52 Source: Thomson Reuters CAST BAR Jun 19 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 159 66 5gm 452 331 10gm136 words
-
Article86 2012-06-20 26 Jun 19 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****N 13-Sep-12 0.27 1-Year BY*****T 02-May-13 0.27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.17 5-Year N*****0Z 2.375 01-Apr-17 108.99 109.16 109.13 10-Year NX*****X86 words
-
Article57 2012-06-20 26 Jun 19 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 12 2900.0 2871.00 2930.0 2895.0 1590 7108 Aug 12 2912.0 2890.00 2946.0 2905.0 4467 ***** Sep 12 2925.0 2899.00 2959.0 2913.0 ***** ***** Oct 12 2926.0 2904.0057 words
-
Article154 2012-06-20 26 Jun 19 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2841 1.2855 1.0128 1.0131 Canadian dollar 1.2390 1.2403 0.9772 0.9774 Euro 1.5965 1.5979 1.2592 1.2593 NZ dollar 1.0042 1.0055 0.7920 0.7924 Sterling pound 1.9871 1.9890 1.5672 1.5675154 words
-
Article154 2012-06-20 26 Jun 19 $S Offer Bid 0vernight 0.01 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.24 0.14 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.35 6 months 0.85 0.65 9 months 1.00 0.80 12154 words
-
Article121 2012-06-20 26 As at 9am Jun 19 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.313 1.251 Can dollar 1.270 1.210 Euro 1.636 1.559 Sterling pound 2.029 1.951 NZ dollar 1.034 0.985 US dollar 1.288 1.239 Local dollars to 100 units of foreign121 words
-
-
3643 2012-06-20 27 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 UK CONTINENT SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN3,643 words
-
Page 27 Advertisements
-
Advertisement37 2012-06-20 27 Experienced sh,"p maintenance services wanted. fn* Shipping Times? I FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? The Business Times Shipping Times37 words
-
-
Page 28 Advertisements
-
Advertisement146 2012-06-20 28 TO ADVERTISE IN .The Business Times mi: uujinljj nivitj Shipping Times CALL JOE WONG FREIGHT FORWARDER urgently needed by shippers I Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WO IMG AT 9620 1327 Announce Your Corporate Development Come publicise your Project Completion, Ship146 words
-
-
executive Money
-
Article, Illustration959 2012-06-20 29 reportsJENNIFER ABLAN - US investors cling to cash to guard against euro fallout, reports JENNIFER ABLAN reportsJENNIFER reportsJENNIFER ABLAN Reuters [NEW YORK] CASH isn’t just king. For some money managers, it has become jack, queen and ace, too. With the Greek election failing to eliminate fearsReuters; STOCK.XCHNG - 959 words
-
317 2012-06-20 29 It’s in talks with Bank of America to buy over operations AFP [GENEVA] Swiss bank Julius Baer said yesterday that it is in negotiations with Bank of America (BofA) to take on Merrill Lynch’s global private banking arm with assets of US$90 billion.AFP - 317 words
-
Article, Illustration1493 2012-06-20 30 Japanese pension market is showing greater receptivity to foreign funds Bloomberg [TOKYO] Global hedge funds are adding Japanese assets after local manager AIJ Investment Advisors Co unnerved the retirement market by seeking to hide US$1 billion in losses from its pension fund clients. NeubergerBloomberg; PHOTOS: BLOOMBERG - 1,493 words
-
Article, Illustration931 2012-06-20 31 AIA, Manulife and Prudential among those bidding for US$400m CIMB-Aviva deal Reuters [SINGAPORE] The race to win a bigger slice of South-east Asia’s insurance market is heating up as AIA Group, Manulife and Prudential plc compete for mid-size acquisitions in the region worth upReuters; BLOOMBERG - 931 words
-
476 2012-06-20 31 Eurozone worries, talk of Fed action boost demand Bloomberg [SINGAPORE] Gold climbed for an eighth day in the longest rally since July as concern over Europe and speculation the Federal Reserve will act to spur growth boosted demand for a store of value.Bloomberg - 476 words
-
-
Page 29 Advertisements
-
Advertisement139 2012-06-20 29 Tomorrow needs commitment \y'\ V 4' 1 r-: I SSH SSS /I lif-im a SiZ U n is I K Se ,-vas 111 ■C "1*5 s*v? St sa s* iJSSBr m iss t. > TS-T 1 •r *v 8S< h i v <~ ji •.'< !>'■ 1 Vv *'.i Vh139 words
-
-
Page 30 Advertisements
-
Advertisement412 2012-06-20 30 BSAIH NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF Kengrove Holdings Pte Ltd (In Members’ Voluntary Liquidation) Reg No. *****0066W NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at412 words
-
Advertisement441 2012-06-20 30 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HONG KIAP INVESTMENTS CO PTE LTD COMPANY REG. NO: 1982-*****-W (INVOLUNTARY LIQUIDATION) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of HONG KIAP INVESTMENTS CO PTE LTD duly held and convened at 9441 words
-
Advertisement0 2012-06-20 30 "_{)?~<?`^$-]%!:!^?/%;_'&`=+""*0 words
-
Advertisement443 2012-06-20 30 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF ALPHALOG (SINGAPORE) PTE LTD COMPANY REG. NO: 2002-*****-K (IN VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of ALPHALOG (SINGAPORE! PTE LTD duly held and convened at 9 Kelantan Lane #06-01,443 words
-
Advertisement381 2012-06-20 30 IN THE MATTER OF THE COMPANIES ACT (CAP 50) AND IN THE MATTER OF EUTEX (ASIA) PTE. LTD. Company Regn No: *****1648H At an Extraordinary General Meeting of the Company held at 20 Pioneer Crescent #08-01 West Park BizCentral Singapore *****5 on 13 June 2012 at 4.30 p.m., the following381 words
-
Advertisement344 2012-06-20 30 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF UOB VENTURE TECHNOLOGY INVESTMENTS LTD (In Members' Voluntary Liquidation) (Co. Reg. No. *****1985R) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Cap. 50) the Final Meeting of344 words
-
Advertisement35 2012-06-20 30 HERE NOW Australian House Land Earn18.8%+ ROI Subject to strategy selected www.smartroisolutions.com/bt +65 9727 9898 Ray International Real Estate Group INTERNATIONAL REAL ESTATE GROUP HOTTEST HITS ,r HEAR MADONNA' HOTTEST HITS ON 91.3FM iiS FM35 words
-
-
Page 31 Advertisements
-
Advertisement282 2012-06-20 31 DON’T TRADE ON EMPTY. TRADE MT4 WITH GFT. Our latest MetaTrader4 platform is our most advanced yet. Unlike most standard MT4 platforms, ours is packed full of innovative trading tools to give you more power and more flexibility. Combine this intuitive interface with our exceptional pricing, outstanding execution and unrivalled282 words
-
-
Page 32 Advertisements
-
Advertisement109 2012-06-20 32 Audi e-tron The future of electric mobility. Triple victory for ultra, e-tron and quattro®. The ultra lightweight Audi R18 e-tron quattro wins the 24hr of Le Mans. We owe this success to our team and the interplay of intelligent systems. With Audi ultra lightweight technology, we’re optimising the weight of109 words
-