The Business Times, 29 June 2012

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Microfilm: NL32036
Total Pages: 40
1 40 The Business Times
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  • Title Section
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    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Friday, June 29, 2012
    25 words
  • Article, Illustration
    Lock icon Foreign banks with big S’pore presence to incorporate here
    788 1  -  Change mooted to QFB programme to protect local depositors By CONRAD TAN [SINGAPORE] Singapore will require foreign banks with a big share of the country’s retail deposits to incorporate their retail operations here to protect depositors, the Monetary Authority of Singapore
    788 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      110 1 GST INDEX 2,846.82 (+5.22) GST INDEX FUTURES 2,847 (+5) GSIMSCI 328.18 (+0.86) GSIMSCI FUTURES 328.50 (+1.10) us$ s$ US$ (S$ per US$) 1.279 (US$/S$ per 1.554 1.987 EURO (US$/S$/E) 1.244 1.590 Foreign currency per US$ S$ YEN 79.40 62.10 RM 3.195 2.498 HK$ 7.758 6.067 BAHT 31.87 24.92 RUPIAH
      110 words
    • Article
      Lock icon PRIME RATES
      18 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.524 TAIWAN 5.036 JAPAN 1.475 Source: Source: Bloomberg
      18 words
  • Article, Illustration
    Lock icon No funds lost, says church; Crossover Project to continue
    979 1  -  By EMILYN YAP TEH SHI NING [SINGAPORE] The executive pastor of City Harvest Church (CHC) claimed in a statement yesterday that the church did not suffer any financial loss and no one made personal profit from the transactions that are now
    ARTHUR LEE  -  979 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      364 2 Incorporation of foreign banks here SINGAPORE will require foreign banks with a big share of the country’s retail deposits to incorporate their retail operations here to protect depositors, the Monetary Authority of Singapore said yesterday. The changes to its qualifying full bank programme are part of MAS’s initiatives
      364 words
    • Article
      Lock icon Barclays dives 14% after record fine
      862 2  -  CEO, chairman under pressure as scandal over rate rigging rocks financial world By NEIL BEHRMANN in London BOB Diamond, Barclays’s chief executive, and Marcus Agius, its chairman, are fighting for their jobs after regulators fined the UK bank a record £291 million (S$580 million).
      862 words
    • Article
      Lock icon Too early to pinpoint COE quotas: Tuck Yew
      575 2  -  By SAMUEL EE [SINGAPORE] WHEN it comes to vehicle certificate of entitlement (COE) premiums and how much they rise or fall, demand-and-sup-ply is the main consideration, says Transport Minister Lui Tuck Yew. “(Regarding) supply, we will know better in July what it
      575 words
    • Article, Illustration
      Lock icon ABS to roll out new payment system
      453 4  -  SMEs will be given a Web-based interactive financial management toolkit By WANG XIN MIN [SINGAPORE] The Association of Banks in Singapore (ABS) will be embarking on an initiative to develop a new-generation payment system to enhance the country’s payment infrastructure over the next
      LAU FOOK KONG/THE STRAITS TIMES  -  453 words
    • Article
      Lock icon Banks face up to security threats
      1094 4  -  By WANG XIN MIN [SINGAPORE] Six months after the DBS ATM card-skimming incidents, banks in Singapore have stepped up efforts to enhance banking security for their customers. However, even as old gaps are being plugged, fresh threats are surfacing, given the increasing sophistication of
      1,094 words
    • Article
      Lock icon Prices of suburban condos above 506 sq ft most resilient
      696 4  -  By KALPANA RASHIWALA [SINGAPORE] Prices of completed apartments above 506 sq ft in the Non-Central Region or suburban areas have been the most resilient year to date (up to May) followed by small units islandwide. Big apartments in the Central
      696 words
    • Article, Illustration
      Lock icon Felda IPO makes a splash with 20% rise, raising RM10.4b
      596 4  -  By PAULINE NG in Kuala Lumpur AS anticipated, Malaysia’s state-owned Felda Global Ventures Holdings Bhd (FGVH) made an impressive debut on the stock market yesterday, rising as much as 20 per cent in the second largest IPO since Facebook this
      596 words
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      21 2 SALE Discount On Selected Merchandise ION Orchard Tel: 6509 8770 Paragon Tel: 6735 8147 Takashimaya Department Store Tel: 6733 9293 zegna.com
      21 words
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      405 2 S P JAIN EXECUTIVE MBA OPEN HOUSE: Entrepreneurship Executive MBA -What is the link? VS <0 OS V3 <3 <o c-Sb Entrepreneurship has been the engine propelling much of the growth of the business sector as well as a driving force behind the rapid expansion of the social sector. Mr.
      405 words
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      100 3 Depuis 1775 W V ■m--r. ti Vm Breguet, the innovator, Classique “Le Reveil du Tsar” In April 1814, shortly after the allied armies had entered Paris, Tsar Alexander I of Russia paid a visit to Breguet and ordered several watches from his favorite horologer. Today, the Classique 5707 “Le Reveil
      100 words
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      51 4 Jewellery BAZAAB 2012 29 th -30 th June 2012 (Friday Saturday) 11 am 7pm daily Hilton Hotel The Shopping Gallery, level 2 581 Orchard Road Singapore *****3 Forever sara taseer FINE JEWELLERY W collection By Waruth fi Elegance Club Presented by: ZENITH AFFAIR TAILORED EVENTS FOR THE ZENITH OF LUXURY
      51 words
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      67 4 prr rq Jewel in the east! D.15 Meyer Road vicinity 2 storey bungalow Land *****/8000sf Timeless beauty Crafted with elegance, sensitivity and attention to detail Welcome to discuss price with owner, ERA Estate Agent Licence Nn. I L*****82K H. Riza Lee ERA Division Director HP: 9188 1803 ',/V rizalee3288@gmail.com J/m
      67 words
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      247 5 i Sii J X if: Sfc K m >' A -r. s m 3nk m V*Fr- r lr 7Vi, r\ 4 1 PV r r f V <. V A>' MC. I.J :»Hv 2*. Sf.*. i >' ■'STB':r v r in *vf WmM m +w(c'■;-*• /Ur* >.;■•» \&KiSSBSEk£* i V|t
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      44 6 IK f mu TrrmTTTTTT 4 i MU I k hw H CT? H KTt S40toj, JU(W she JERRY LUM Snr Marketing Director, MBA, CES cea licence no: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg \8- WATS NOTICES Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices <$@!:'?}/&$~\{|<|\&|]&\<;:'\{}'
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      341 6 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF DA SHAN PTE LTD Company Registration No. *****7283Z (IN MEMBERS’ VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of Da Shan Pte Ltd, duly convened and held at 711 Geylang Road #03-01 Oriental Venture
      341 words
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      323 6 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding Up O.S. No. 159 of 2011/L IN THE MATTER OF THE COMPANIES ACT (CAP. 50) And IN THE MATTER OF HUMPUSS SEA TRANSPORT PTE LTD (RC No. *****3035G) Between LINSEN INTERNATIONAL LIMITED (LIBERIA) (RC No. C-*****4) …Plaintiff(s) And HUMPUSS
      323 words
  • COMPANY NEWS
    • Article
      Lock icon k1 Ventures minorities object to offer valuation
      524 6  -  Shareholder says in letter to directors firm worth $402m, vs offer’s $292m By LYNN KAN THE proposed offer by k1 Ventures’s key shareholders to take the company private at 13.5 cents a share sent its stock up yesterday but unhappiness has emerged from
      524 words
    • Article, Illustration
      Lock icon Proposed City Gas-Osaka Gas venture could become LNG play
      477 6  -  But joint study will focus on retailing natural gas for now By RONNIE LIM A PROPOSED joint venture between City Gas and Osaka Gas could grow to become an LNG play here in future, given that Osaka Gas is a big
      477 words
    • Article
      Lock icon Delisting: Can SGX do more to protect minorities?
      782 6  -  HOCK LOCK SIEW By R SIVANITHY THE thorny, sensitive and occasionally emotional issue of the Singapore Exchange (SGX) delisting companies that fail to meet its continuing listing requirements has recently been revived through a series of letters to the press. “Thorny” because
      782 words
    • Article, Illustration
      Lock icon Ex-Vickers Ballas chairman Freddy Lee dies at 85
      294 6  -  OBITUARY By VEN SREENIVASAN FREDDY Lee Thiam Yew, the former chairman of Vickers Ballas Co and a younger brother of former prime minister Lee Kuan Yew, died yesterday after a brief illness at his Holland Road home. Mr Lee, who was 85,
      294 words
    • Article, Illustration
      Lock icon KepLand bullish about Indonesia property scene
      770 9  -  It cites resilient economy, rising FDI and declining interest rates By FELDA CHAY KEPPEL Land plans to develop more residential and commercial properties in Indonesia where a resilient economy, rising foreign direct investment (FDI) and declining interest rates have helped to buoy demand for
      770 words
    • Article
      Lock icon Blumont in $6.6m share placement
      283 9  -  By GLENN CHOO BLUMONT Group has entered into separate placement agreements to issue 250 million new ordinary shares to four subscribers introduced by its executive chairman Neo Kim Hock, at 2.65 cents a share or $6.625 million in total. The issue price is about 8.62
      283 words
    • Article
      Lock icon Investors changing their allocation strategies
      540 10  -  They’re thinking of slicing investment world in terms of risk factors, not traditional way of cap or geography By KENNETH LIM INVESTORS are increasingly noticing that traditional ways of allocating a portfolio can leave exposed pockets of risk, said Daniel Morillo, BlackRock global head of
      540 words
    • Article
      Lock icon LionGold takes stake in gold miner
      352 10  -  Its 11.2% A$10m stake makes it largest shareholder By NISHA RAMCHANDANI LIONGOLD Corp is acquiring an 11.2 per cent stake in Citigold Corporation (CTO) for A$10 million (S$12.9 million), making LionGold the single largest shareholder in the Australian gold mining company. In an announcement
      352 words
    • Article, Illustration
      Lock icon DBS lets staff buy art pieces in shift to new home
      529 10  -  By SIOW LI SEN MORE than 800 paintings, artefacts and sculptures by artists such as Ong Kim Seng and Tay Bak Koi from DBS’s art collection were eagerly snapped up by its employees at the bank’s first ever art
      529 words
    • COMPANY BRIEFS
      • Article
        Lock icon Keppel O&M yards win US$70m contracts
        75 10 KEPPEL Offshore Marine’s (Keppel O&M) yards in the US and Azerbaijan have secured contracts worth about US$70 million, Keppel Corp said. In the US, Keppel AmFELS LLC has secured a contract from Transocean Offshore Deepwater Drilling Inc to repair and upgrade the semisubmersible rig
        75 words
      • Article
        Lock icon CNA Group secures $9.1m MRT deal
        101 10 CNA Group Ltd has secured a $9.1 million contract to upgrade 48 Mass Rapid Transit (MRT) stations in Singapore with the new local sequential controller system. The LSC system monitors and controls two separate systems in the MRT station, namely the Tunnel Ventilation system
        101 words
      • Article
        Lock icon Swiber prices fixed rate notes
        77 10 SWIBER Holdings has priced $75 million in principal amount of 7 per cent fixed rate notes due 2016, under its $700 million Multicurrency Medium Term Note (MTN) Programme. The net proceeds will be used to refinance the group’s debt obligations. The issue date of the
        77 words
      • Article
        Lock icon Ipco full-year earnings down 45%
        50 10 IPCO International posted a net profit of $3.35 million for the 12 months ended April 30, down 45 per cent from the preceding fiscal year. This was against a total revenue of $50.23 million, about 10 per cent lower than the preceding year’s $55.7 million.
        50 words
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      292 7 One AspiratlOn One FederatIO One JubilatlOn A o^. (fo~/'n^rux/AY&y^ This year, the Federation celebrates its 10 th Anniversary a joyous toast to a fruitful decade of service to the Singapore business community. S s The Next Lap A f. V I A li Hi fj Over the next decade, we
      292 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI up but broad market weakens
      576 8  -  Index makes gains of up to 22 points, but ends only 5 points higher on Europe’s opening loss STOCKS R SIVANITHY Senior Correspondent TRADERS made a spirited attempt at driving the Straits Times Index (STI) up for the second consecutive day yesterday, but their
      Source: Bloomberg  -  576 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 8 Jun 28 VALUE CLOSE BT OB/OS 358.00 +33.00 BT CADI -*****.00 -65.00 BT 10-day MA -*****.00 +35.00 FTSE ST Mid Cap 666.88 -1.44 FTSE ST Small Cap 441.14 -3.85 FTSE ST All Share 690.66 +0.44 FTSE ST China Top 194.32 -1.70 FTSE ST China 218.34 -1.59 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 8 VOLUME *TanChongInt 159,297,000 Golden Agri 91,373,000 Genting SP 66,763,000 IEV 60,193,000 Asiasons 46,080,000 HLH Grp 40,424,000 TT Intl 33,196,000 GSH Corp 31,498,000 Interra 30,703,000 PSL Hldgs 29,646,000 VALUE($) Genting SP 92,750,325 SingTel 89,012,110 DBS Grp 76,031,684 *TanChongInt 68,205,545 Golden Agri 60,959,030 SembMar 57,245,710 OCBC Bk 46,889,360 Olam
      56 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 8 2 0 0 0 5 8 2 Manufacturing 30 51 41 10 5 9 40 56 50 Commerce 14 24 17 5 2 4 19 26 21 Tpt/Stor/Comms 17 15 8
      186 words
    • Article, Illustration
      Lock icon BROKERS’ TAKE
      833 8  -  Compiled by LYNN KAN CapitaRetail China Trust June 28 close: $1.30 OCBC Investment Research, June 28 BEIJING’s retail market has multi prime retail areas, including Wangfujing (Dongcheng district), CBD (Chaoyang district) and Zhongguancun (Haidian district). According to Savills, the supply of shopping mall space in Beijing is set
      Source: Bloomberg  -  833 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 13,871 13,871 62,373 62,373 Manufacturing 214,548 57,984 272,532 202,730 3,317 206,047 Commerce 167,847 10,229 178,076 114,338 1,160 115,498 Tpt/Stor/Comms 90,476 10,851 101,327 143,542 2,822 146,363 Finance 35,670 13,826 49,496 180,369 6,061 186,430 Construction 125,563 3,935
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 8 Stock name Close Change CapMallsAsia 1.540 -0.010 CapitaLand 2.640 -0.030 CapitaMall 1.895 +0.050 CityDev 10.820 +0.170 ComfortDelGro 1.530 +0.020 DBS Grp 13.840 +0.040 F&N 6.890 +0.070 GLP 2.040 -0.020 Genting SP 1.385 -0.015 Golden Agri 0.660 +0.005 HK Land 5.560 -0.110 JMH 48.380 +0.030 JSH 30.460
      113 words
    • Article, Illustration
      Lock icon Euro drops to 3-week low vs dollar, yen
      449 8 CURRENCIES Reuters [LONDON] The euro fell to a three-week low against the US dollar yesterday, on expectations that a European Union summit starting later in the day will fail to agree on concrete measures to deal with the region’s worsening debt crisis.
      Reuters; BLOOMBERG  -  449 words
    • Article
      Lock icon RISES
      112 8 BY CENTS CLOSE UP DBXT AUD Bonds 5AU$ ***** 110.7 0.5 DBXT MSJAP 10US$ 3516 104.9 2.4 Jardine C&C 4612 87.0 1.9 IS S&P500 ***** 78.0 0.5 DBXT MSUSA 10US$ 3239 65.2 1.6 GLD 10US$ ***** 46.0 0.2 DBXT S&P500 10US$ 2152 43.5 1.6 DBXT MSTHAI 10US$ 1747 35.8
      112 words
    • Article
      Lock icon FALLS
      128 8 BY CENTS CLOSE DOWN Asia Pac Brew 3430 -40.0 -1.2 DBXT S&P Short 10US$ 3870 -33.3 -0.7 DBXT FTVietnam 10US$ 2290 -30.7 -1.0 DBXT MSKorea 10US$ 5152 -30.7 -0.5 DBXT MSAsExJp 10US$ 2820 -17.9 -0.5 HK Land 556 -14.1 -1.9 Lyxor China H 10US$ 1220 -12.8 -0.8 OCBC Bk
      128 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
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      607 9 ***** Junk foods and red meats may contain high levels of trans and saturated fats which build up in your liver. Over time, it may weaken your liver functions. Health news from B LIVE WELL INTERNATIONAL PROPERTY AWARDS ASIA PACIFIC HSBC H INTERNATIONAL PROPERTY AWARDS ASIA PACIFIC HSBC H Award
      607 words
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      1650 10 A k Ik Toll free 1800-289-8822 I I I Email notices@sph.com.sg w I I V j I i J www.cats.com.sg/notices CHINA AUTO CORPORATION LTD. (Company Registration No.: *****0233E) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of
      1,650 words
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      447 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CEPTRON HOLDINGS PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****9244Z NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 31 Club Street, #03-01 Emerald Garden, Singapore *****8 on the 20th
      447 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Pheng Geck site draws 13 bids, led by $114.8m offer
      872 11  -  Construction group Santarli’s bid is just 0.9% above closest rival OUE’s By KALPANA RASHIWALA HOME-GROWN construction group Santarli yesterday emerged as top bidder for a 99-year private condo site at Pheng Geck Avenue. The site near Potong Pasir MRT Station
      872 words
    • Article
      Lock icon Making you sweat under an ERP gantry
      443 11  -  By LIM WEI SHENG ELECTRONIC Road Pricing (ERP) gantries may be clever engineering (too clever, the disgruntled Singaporean will chip in), but they are probably terrible economics, according to Jack Knetsch of Simon Fraser University. He was delivering an address yesterday on behavioural
      443 words
    • Article, Illustration
      Lock icon JTC Corporation launches Surface Engineering Hub
      446 11  -  By GLENN CHOO JTC Corporation has launched a new $50 million hub to serve the surface engineering industry. Dubbed as the Surface Engineering Hub (SEH), this high-rise multi-tenant-ed manufacturing facility located on a 1.88 ha site at Tanjong Kling will host an integrated ecosystem
      446 words
    • Article
      Lock icon Faber Drive bungalow up for sale, guide price set at $12.5m
      210 11 A BUNGALOW at Faber Drive has been put up for sale by expression of interest, with a guide price of $12.5 million. The guide price translates into nearly $1,067 per square foot (psf), based on land area of about
      210 words
    • Article
      Lock icon Move to boost rates of marriages, parenthood
      940 12  -  More S’poreans opt to stay single, marry late, delay births, have fewer babies By MALMINDERJIT SINGH THE government will be engaging all stakeholders, including roping in employers, to explore new measures to improve the rates of marriages and parenthood in Singapore. This comes
      940 words
    • Article, Illustration
      Lock icon First of three Gardens by the Bay opens
      333 12  -  By ARTHUR LEE SINGAPORE’S latest attraction a 54 hectare garden that took five years of planning and building burst into full bloom yesterday as Prime Minister Lee Hsien Loong launched the Bay South Garden, the first of three waterfront gardens that make
      KEVIN LIM/THE STRAITS TIMES  -  333 words
    • Article
      Lock icon Microfinance down but not out in Asia
      446 12  -  By TIMOTHY LOH MICROFINANCE institutions (MFIs) continue to perform an important role in helping to alleviate poverty in Asia, despite controversies that recently rocked the industry, according to a panel of expert speakers at the Impact Forum 2012 on Tuesday. The reputation of
      446 words
    • Article
      Lock icon Six new faces in SBF council
      248 12 SIX new faces have been installed as members of the Singapore Business Federation (SBF) council, following the group’s 10th annual general meeting (AGM) held on Wednesday. The six new faces are Association of Small and Medium Enterprises president Chan Chong Beng; Singapore International Chamber
      248 words
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      1491 11 PROTECT YOUR LIVER Usual: $109.95 Protect your liver with LAC Activated Liver Protector $55for 2nd box MAHS*****94 MAHP*****09 6281 5688 or 6757 4403 BUY 1 GET 1 OMEGA-3 FISH OIL 10OOmg 100 Softgels 2 FOR 29.90 (UP. $59.80) Supports Healthy Heart Brain Function r ■JjPooma SALMON FISH OIL 10OOmg 120
      1,491 words
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      1919 12 MTQ CORPORATION LIMITED (Company Registration No. *****0057Z) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of MTQ Corporation Limited (“the Company”) will be held at Carlton Hotel, Empress Ballroom 3, Level 2, 76 Bras Basah Road, Singapore *****8
      1,919 words
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  • CORPORATE GOVERNANCE
    • Article, Illustration
      Lock icon Governance matters even more in tough times
      1854 13  -  But too much focus and responsibility have fallen on independent directors to the exclusion of other directors, some observers feel. LYNETTE KHOO reports KHOOreports LYNETTE KHOOreports BUSINESSES are in for a challenging time but it doesn’t mean that corporate governance and ethics should
      ST FILE ILLUSTRATION  -  1,854 words
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  • ECONOMY WATCH
    • Article
      Lock icon US housing rebound may finally be here
      606 14 Prices and sales are rising. Home builders are clearing lots and raising frames NYT [WASHINGTON] Announcements of a housing recovery have become a wrong-headed rite of summer, but after several years of false hopes, evidence is accumulating that the optimists may finally be
      NYT  -  606 words
    • Article, Illustration
      Lock icon Japan’s retail sales growth slows for 2nd month
      396 14 Reuters [TOKYO] Japanese retail sales growth in the year to May slowed for a second consecutive month in a sign that a bounce in private consumption after last year’s devastating earthquake is starting to fade. The 3.6 per cent annual increase in
      Reuters; REUTERS  -  396 words
    • Article
      Lock icon Libor guardians said to resist changes in rate
      539 14 Bloomberg [LONDON] The UK bankers and regulators charged with reviewing Libor in the wake of regulatory probes are resisting calls to overhaul the rate because structural changes risk invalidating trillions of dollars of contracts. The group, established by the British Bankers’ Association
      Bloomberg  -  539 words
  • Page 14 Advertisements
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      732 14 notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding Up No. 25 of 2011/W In the Matter of the Companies Act (Cap. 50, 2006 Rev. Ed.) And In the Matter of SINO-ENVIRONMENT CLEAN POWER TECHNOLOGY PTE LTD (IN COURT LIQUIDATION) (RC
      732 words
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      894 14 IN THE MATTER OF ONG HOLDINGS (PRIVATE) LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NO. *****0076C NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final General Meeting of the members of the abovementioned Company will be held at 38 South Bridge Road
      894 words
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      234 14 LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid:Name of Company Certificate No. In the Name of No. of Shares Hong Fok Corporation Limited *****73 NgAhChoon 1x400 -do- *****52 -do- 1 x 100 NOTICE IS HEREBY GIVEN that if within fourteen (14) days from the
      234 words
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      23 14 1 meal, 2,012 fish head curries Guinness World Record attempt at Little India next month ASIN’S THE 100-CRORE HEROINE GET YOUR COPY TODAY
      23 words
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      370 15 i \A i s. s' V SC ni afar 1 ss I ST iz 5 Is R ’>5 ■ills -in I m V m m m «K saa£$4 1 tm k<T- m >;<5 ■■“v r: r-f t A ?.!>ri CONGRATULATIONS TO NATIONAL PARKS BOARD ON THE OFFICIAL OPENING OF THE
      370 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Indonesia minimarts give retail giants run for money
      515 16 Supermarkets eye global tie-ups amid losses as smaller stores pull shoppers Reuters [JAKARTA] In Indonesia, the minimarkets are eating the supermarkets’ lunch. Middle-class consumers in the country are choosing the convenience of minimarkets for grocery shopping over their larger rivals. Their decision
      Reuters  -  515 words
    • Article
      Lock icon Islamic finance seen growing 15% a year
      353 16 Bloomberg [KUALA LUMPUR] The Islamic finance industry will grow 15 per cent annually in the next decade, after Syariahcompliant banking assets surged in Asia in the past year, a global standards-setting body said. Holdings in Malaysia rose 27 per cent to RM344 billion
      Bloomberg  -  353 words
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      3733 16 Bg AT3 NOTICES I, Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices a THE HOURGLASS THE HOURGLASS LIMITED (Incorporated in the Republic of Singapore) (Co. Reg. No. *****1972D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 33rd Annual General Meeting of the Company will be held at Singapore Marriott
      3,733 words
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      4496 17 1 1.1 2 2.1 2.2 2.3 2.4 2.5 2.6 3 3.1 3.2 3.3 3.4 3.5 3.6 4 4.1 4.2 4.3 4.4 5 5.1 5.2 5.3 6 6.1 6.2 6.3 6.4 6.5 7 7.1 7.2 7.3 7.4 8 8.1 8.2 9 9.1 9.2 10 10.1 10.2 VOLUNTARY CONDITIONAL CASH OFFER by
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Restart the economy, Manmohan tells officials
      649 18 Focus on investor sentiment, insurance sector, rupee’s fall Reuters [NEW DELHI] Prime Minister Manmohan Singh summoned officials on Wednesday to formulate an economic revival plan in part addressing problems in tax policy and said he also wanted to revive the “animal spirit” of Indian
      Reuters; AFP  -  649 words
    • Article
      Lock icon County-level govts’ finances unstable: top auditor
      347 18 Bloomberg [BEIJING] The finances of China’s county-level governments are unstable and unsustainable as the majority of their fiscal income comes from sources other than taxation, the nation’s top auditor said. About 60 per cent of revenue raised last year by 54 counties investigated by
      Bloomberg  -  347 words
    • Article
      Lock icon China picks zone in Shenzhen for currency reforms
      715 18 Beijing plans to experiment with a freer yuan under capital account Reuters [HONG KONG] China yesterday sent a strong signal it intends to push towards a freely tradable yuan, announcing plans for a test zone for the currency’s convertibility in Shenzhen, the
      Reuters  -  715 words
    • Article, Illustration
      Lock icon Leung faces record wealth gap as HK’s new leader
      973 18 Bloomberg [HONG KONG] Leung Chun-ying, the property surveyor who was a surprise choice to be Hong Kong’s new leader, takes office on July 1 facing immediate demands to narrow a record wealth gap and come up with plans for universal suffrage.
      Bloomberg  -  973 words
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      170 18 MANDAI MANDA I LINK SUNGEI KADUT AVENUE MANDAI ROAD LINK ROAD WOODLANDS E U SUBJECT SITE PLOT 25 7 AVENUE SOUTH TUAS TUAS SOUTH AVENUE 12 17 31 43 (U/C) 77 PLOT 27 7 STREET 17 PLOT 30 0.86 Ha 103 74 82 PLOT 31 0.86 Ha 82 TUAS SOUTH
      170 words
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      191 19 A Straits Times Appreciates Readers Event Watch 4Minute concert and get FREE tickets to Universal Studios Singapore® Singapore Flyer July 15, Sunday, 6.30pm Gardens by the Bay $67 for The Straits Times readers (Usual price $75) Tanya Chua Enjoy a 3-hour concert with performances from international stars Tanya Chua, 4Minute,
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  • WORLD
    • Article
      Lock icon JPMorgan’s trading loss may hit US$9b
      752 20 Unwinding positions show losses growing more than expected, say traders NYT [NEW YORK] Losses on JPMorgan Chase’s bungled trade could total as much as US$9 billion, far exceeding earlier public estimates, according to people who have been briefed on the situation. When Jamie Dimon,
      NYT  -  752 words
    • Article, Illustration
      Lock icon Exceptional works still in demand at Christie’s auction
      641 20 Bloomberg [LONDON] Paintings by Yves Klein and Jean-Michel Basquiat sold for record prices last night as battling billionaires spent US$207 million at the most valuable auction of contemporary artworks held in Europe. The contest for exceptional works by the most lauded names
      Bloomberg; BLOOMBERG PHOTOS  -  641 words
    • Article
      Lock icon Allow oil investment in Myanmar: US senators
      658 20 AFP [WASHINGTON] US senators said on Wednesday they planned to move quickly to confirm the first US ambassador to Myanmar in two decades, as they pushed to allow investment in the country’s oil and gas sector. President Barack Obama on May 17 nominated
      AFP  -  658 words
    • Article
      Lock icon News Corp board approves company split: source
      537 20 Reuters [NEW YORK] The board of News Corp has approved in principle splitting the US$60 billion media conglomerate into separate publishing and entertainment businesses, the Wall Street Journal reported on its website on Wednesday, citing a person familiar with the situation. News Corp’s
      Reuters  -  537 words
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      Lock icon Google joins the battle of the tablets
      500 22 7-inch Nexus 7, much cheaper than iPad, will run on latest Android AFP [SAN FRANCISCO] Google on Wednesday opened fire on iPad and Kindle Fire with a Nexus tablet designed to showcase the latest Android software and be a window into its online
      AFP  -  500 words
    • Article
      Lock icon Economy grows modest 1.9% in first quarter
      553 24 Weak pace will not change much for rest of the year, say economists LATEST US DATA AP [WASHINGTON] The US economy expanded at a 1.9 per cent annual rate in the first three months of the year, a weak pace that few economists
      AP  -  553 words
    • Article
      Lock icon Summit stalemate endangers top EU sovereign ratings
      573 24 Bloomberg [LONDON] As European leaders got ready to debate yet again how to save the 17-nation euro area at their summit yesterday, investors were pricing in savage credit downgrades with four countries losing their Aaa status. Austria, Finland, France and the Netherlands may
      Bloomberg  -  573 words
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      Lock icon Obama scores as Supreme Court upholds health care reforms
      482 24 It clears way for health cover to 30m uninsured Americans AP AFP [WASHINGTON] The US Supreme Court yesterday upheld the heart of President Barack Obama’s health care overhaul, handing him a huge election-year political victory. The decision means the historic overhaul
      AP; AFP  -  482 words
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      Lock icon EU summit centres on short-term stabilisers
      475 24 Focus is on activating existing EFSF, future ESM Reuters [BRUSSELS] European finance officials were working intensively on shortterm ways to stabilise Spanish and Italian borrowing costs yesterday as EU leaders opened a summit as divided as ever on how to resolve the eurozone’s debt
      Reuters; AFP  -  475 words
    • Article
      Lock icon UK falls back into recession faster than thought
      591 24 Economy shrinks 0.3% in Jan-March; recovery unlikely for some time Reuters [LONDON] Britain’s economy fell back into recession faster than first thought and seems unlikely to recover for some time, data showed yesterday, echoing grim predictions from a central bank that is
      Reuters  -  591 words
    • Article
      Lock icon Eurozone consumer, business confidence lowest since 2009
      383 24 AFP [BRUSSELS] Eurozone consumer and business confidence fell in June to the lowest level since October 2009, official data showed yesterday, but sentiment remained stable across the wider European Union. The European Commission’s confidence index for the 17-nation eurozone lost 0.6 points to
      AFP  -  383 words
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      2370 21 Z-Obee Holdings Limited (incorporated in Bermuda with limited liability) (Hong Kong Stock Code: 948) (Singapore Stock Code: D5N) website: http://www.z-obee.com NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of Z-Obee Holdings Limited (the “Company”) will be held at 33/F., 9 Queen’s Road Central,
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      3444 21 Z-Obee Holdings Limited (incorporated in Bermuda with limited liability) (Hong Kong Stock Code: 948) (Singapore Stock Code: D5N) website: http://www.z-obee.com NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Special General Meeting (“SGM”) of Z-Obee Holdings Limited (the “Company”) will be held at 33/F., 9 Queen’s Road Central,
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      3828 22 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices (Constituted in the Republic of Singapore pursuant to a Trust Deed dated 5 July 2004 (as amended)) NOTICE OF ANNUAL GENERAL MEETING Mapletree Logistics Trust’s Annual General Meeting at 10.00 a.m. on 17 July 2012 (Tuesday) at 10 Pasir Panjang Road, Mapletree
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      1357 23 GOURME P ADAN i_'' II I S I lOv ?%x s/vJKy A CELEBRATION OF JAPANESE CULTURE FINE CUISINE 16 July 20 August 2012 L> y/K*-'*’ 1 Suntory Whisky Flight Experience 1 8 Jul 6.30pm 1 0 SCOTTS, Grand Hyatt Singapore SOLD OUT Omakase Wine Dinner with Coldstream Hills 25 Jul
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  • Page 25 Advertisements
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      111 25 Applying for your ideal job is as easy as searching for one. Get job alerts Via your email informing you of job matches. RESUME Get headhunted Post your CV and let top employers find you. (You will have full control over the confidentiality of your resume.) Apply for jobs easily
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon Time to pull financial system out of its mess
      1127 26  -  Govt takeover of banks could be first step towards making the system less prone to crises ANTHONY ROWLEY Tokyo Correspondent FIRST it’s “risk-on” and then it’s “risk-off”, and then on again and off again with depressing regularity, depending on how the
      AP  -  1,127 words
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      Lock icon Banking union crucial for eurozone survival
      751 26  -  THE BOTTOM LINE XAVIER VIVES The writer is professor of economics and finance at IESE Business School [BARCELONA] The line of credit to Spain from fellow eurozone governments may help to stabilise a fragile banking system, at least in the short term, but it
      751 words
    • Article
      Lock icon Downloading the future
      487 26 EDITORIAL NO market remains the same. In its very success lie the seeds of disruption, if not destruction, as perceptions and priorities change and emerging technologies open up new possibilities. This has been true of the content creation and distribution business from the advent of the digital
      487 words
    • Article, Illustration
      Lock icon What if Spain fails?
      1774 27  -  It is not just the crisis that is intensifying, so too is the debate on the potential solutions By BERNARD DELBECQUE The writer is professor of economics, Université catholique de Louvain in Belgium. This comment was sourced from VoxEU.org, a web portal featuring the views of
      AP  -  1,774 words
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      Lock icon It’s not a score for US if Man U lists there
      477 27  -  REUTERS BREAKINGVIEWS By ROB COX IF MANCHESTER United kicks off its public stock offering in New York this year, it will probably be touted as a triumph for US capital markets. This is, after all, England’s top soccer team,
      477 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon APM Terminals to shift regional HQ to S’pore
      299 28  -  It will manage and operate terminals in S-E Asia and the Indian subcontinent By LYNN KAN [SINGAPORE] APM Terminals, the port-operating arm of AP Moeller Maersk, will move its regional headquarters from Shanghai to Singapore as it seeks to expand in the
      299 words
    • Article
      Lock icon Stowaways suspected in ship at Newark
      460 28 AP [NEWARK, New Jersey] Dock workers rushed to unload stacked containers from a cargo ship that arrived in New Jersey from the Middle East on Wednesday after a Coast Guard inspection team heard knocking for about two hours that suggested stowaways might be inside
      AP  -  460 words
    • Article
      Lock icon TRANSPORT STOCKS
      252 28 SGX '000 Jun 28 S$ +/-Vol CH Offshore 0.41 unch 84 Chuan Hup Hldg 0.23 unch 50 Cosco Corp 0.97 -0.01 2964 S$ First Ship Lea 0.19 0.01 187 Freight Links 0.07 unch ***** Grand Banks unch unch 0 Jaya Hold Ltd 0.57 0.01 400 K1Ventures 0.13 0.02
      252 words
    • Article
      Lock icon US businesses seek end to China’s rare earths control
      523 28 AFP [WASHINGTON] American businesses are urging the United States to ratify the UN Law of the Sea Treaty, saying it is needed to boost crucial domestic energy production and end China’s near-monopoly on rare earths. Stepping up pressure on legislators to
      AFP  -  523 words
    • Article, Illustration
      Lock icon Airbus set to unveil US jet assembly line
      696 28 Bloomberg [TOULOUSE] Airbus SAS is poised to announce plans for a commercial-jet assembly line in Alabama, its first in the US, to meet demand as North American airlines renew their fleets, two people with knowledge of the plan said. The proposal may
      Bloomberg; AP  -  696 words
    • Article
      Lock icon Trans-Atlantic business holding up as US airlines cut seats
      626 28 Bloomberg [NEW YORK] US carriers led by United Continental Holdings are shielding their lucrative trans-Atlan-tic business from the worst of Europe’s economic slump, after shrinking the supply of seats to support higher fares. Summer ticket prices to western Europe have risen
      Bloomberg  -  626 words
    • Article
      Lock icon Virgin Atlantic to exit AirAsia X: report
      259 28 AFP [KUALA LUMPUR] British business magnate Richard Branson’s Virgin Atlantic Airways is expected to sell its 10 per cent stake in AirAsia X to existing shareholders for more than US$21 million, a report said yesterday. The move comes as Malaysia-based AirAsia X, one
      AFP  -  259 words
    • Article
      Lock icon The Business Times Shipping times
      3507 29 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 TBN
      3,507 words
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      37 29 Experienced sh,"p maintenance services wanted. i'nil 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 Times
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      141 30 TO ADVERTISE IN The Business Times Shipping Times CALL JOE WONG FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? The Business Times TO ADVERTISE, CALL JOE WO IMG AT 9620 1327 Spotlight Award Wins Certifications jjf At Come publicise your Award Wins
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      2650 31 Transaction date: Jun 28 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 120 unch 99 120.5 120 120 120.5 6.9 11.5
      2,650 words
    • Article
      Lock icon SGX CATALIST
      196 32 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 4.6 1.3 t Advanced System 1.8 unch 1896 1.8 1.8 1.7 1.8 23.8 Last Quote Div Gr Yld Net M Cap High
      196 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8114 32 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 0.999/ EM Local Cty Bond
      8,114 words
    • Article
      Lock icon GLOBALQUOTE
      191 32 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 46 25.5 Genting HK US$ US31.5 +0.5 2780 31.5 31 31 31.5 2074.1 220 168 TanChongInt HK205 +16 *****7 220 199 206 210 4.3 3.4 6.9 4128.5
      191 words
    • Article
      Lock icon SGX ETF
      953 32 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 113 ABF SG Bond ETF 118 -1 1 118 118 118.3 119.8 538.6 122.4 122.2 CIMB APAC Div 100S$D 122.2 123.6 124.1 103 95.8 CIMB
      953 words
  • Page 31 Advertisements
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      63 31 Bell Ross Boutique Mandarin Gallery BR 01-94 0 46 mm Vintage Original 126 0 41 mm Available at AUWatches Wisma Atria Cortina Watch Ion Ochard Miltenia Walk Raffles City Dickson Watch Jewellery Knightsbridge Wisma Atria Gassan Terminal 3 Sincere Fine Watches Marina Bay Sands Ngee Ann City Suntec City VivoCity
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX FUTURES
      629 33 Jun 28 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8816.07 8881.44 8805.65 Sep12 8725.00 8880.00 8720.00 8865.00 ***** *****3 Dec12 8750.00 8750.00 8750.00 8805.00 100 6561 MSCI TAIWAN INDEX FUTURES SPOT 256.64 257.63 254.71 Jun12 255.30 257.30 254.50 255.07 ***** ***** Jul12 248.00 249.80
      629 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 33 In local curr In S$ In US$ dy yr dy yr dy yr Jun 27 Index Change Change Change Change Change Change World Preliminary 851.5 1.0 2.6 0.6 0.0 0.9 1.6 EAFE Preliminary 679.1 1.2 -0.4 0.8 -4.3 1.1 -2.8 Europe Preliminary 1009.3 1.4 -1.7
      373 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      118 33 As on 27 June 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL INDIA GOLD (E-GOLD) FUT AUG2012 524.75 519.85 524.60 914 CURRENCY EUR-USD FUT SEP2012 1.2515 1.2457 1.2477 3776 BASE METAL COPPER FUT JUL2012 7394 7278 7383 3961 INDEX IRON ORE (MBIO) IDX
      118 words
    • Article
      Lock icon CHICAGO BOT
      107 33 Jun 27 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 12 1471.00 1470.50 1497.50 1467.00 Aug 12 1456.00 1455.50 1481.50 1452.00 Sep 12 1426.00 1425.75 1450.50 1421.25 Nov 12 1412.00 1413.25 1439.75 1408.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 12 51.36
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 33 CRUDE OIL PRODUCTS Jun 27 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 93.37 1.80 WTI (Near Mth) 80.31 0.90 Dubai (1-Mth F) 90.45 0.67 Tapis blend 95.46 0.88 Minas 96.96 0.88 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 79.06 -0.22 Jet Kerosene 108.11 0.74 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 33 Jun 28 S$ Bid Offer 1-month 1.2787 1.2789 2-months 1.2786 1.2789 3-months 1.2784 1.2786 6-months 1.2773 1.2776 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      66 33 Jun 27 Jun 27 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1832.75 1806.50 3 months 1871.00 1845.00 Copper, Grade A(US$/tonne) Cash 7419.75 7374.50 3 months 7405.00 7359.00 Lead(US$/tonne) Cash 1742.25 1748.75 3 months 1759.00 1768.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3
      66 words
    • Article
      Lock icon LIFFE
      80 33 Jun 27 COCOA (£/tonne) Close Prev High/Low Jul 12 1565 1509 1568/1513 Sep 12 1539 1492 1545/1493 Dec 12 1517 1474 1524/1478 Mar 13 1499 1459 1505/1464 COFFEE(US$/tonne) Close Prev High/Low Jul 12 2062 2042 2069/2034 Sep 12 2098 2080 2105/2067 Nov 12 2100 2080 2104/2075 Jan 13 2081
      80 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1262 33 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 Exer Baker Technology Ltd W*****6 0.6 1 32 14 47.50 5 Disc Best World Intl Ltd W*****5 0.6 1 30 75
      1,262 words
    • Article
      Lock icon INTERBANK CROSS RATES
      470 33 Jun 28 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 6.396 0.810 7.811 57.400 95.465 0.800 11.630 3.217 1.271 95.193 42.641 1.287 8.480 0.972 30.143 32.080 0.648 1.007 Canada 0.968 6.192
      470 words
    • Article
      Lock icon SIBOR
      56 33 Jun 28 (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$) 1 yr 0.*****
      56 words
    • Article
      Lock icon PRECIOUS METALS
      136 33 Jun 28 GOLD(US$/oz) Jun 27 Jun 28 Hong Kong 1576.30 1580.00 Jun 28 Jun 26 Jun 27 London 1569.80 1569.50 1570.60 1570.50 Source: Thomson Reuters CAST BAR Jun 28 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 155 65 5gm 441 323 10gm
      136 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      84 33 Jun 28 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 27-Sep-12 0.28 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-14 100.14 5-Year N*****0Z 2.375 01-Apr-17 109.2 109.36 109.28 10-Year NY*****X
      84 words
    • Article
      Lock icon PALM OIL
      57 33 Jun 28 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 12 2982.0 3003.00 2990.0 2969.0 303 2624 Aug 12 2992.0 3011.00 3013.0 2972.0 1300 ***** Sep 12 2996.0 3016.00 3026.0 2978.0 ***** ***** Oct 12 3003.0 3019.00
      57 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 33 Jun 28 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2870 1.2879 1.0065 1.0070 Canadian dollar 1.2458 1.2466 0.9748 0.9743 Euro 1.5901 1.5904 1.2435 1.2436 NZ dollar 1.0122 1.0129 0.7916 0.7920 Sterling pound 1.9871 1.9878 1.5540 1.5543
      154 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 33 As at 9am Jun 28 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.319 1.257 Can dollar 1.275 1.215 Euro 1.630 1.553 Sterling pound 2.025 1.948 NZ dollar 1.041 0.992 US dollar 1.295 1.246 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      154 33 Jun 28 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.30 0.15 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 12
      154 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon On a halftime high
      1965 34  -  More corporate high flyers are seeing the wisdom of a sabbatical or “transitioning” taking time off to take stock at the halfway point of their career lives to backpack, grow grapes or even opt for a monastic sojourn, reportsCHEAH UI-HOON reportsCHEAH reportsCHEAH UI-HOON LEE Han Kiat,
      PHOTO-ILLUSTRATION: HYRIE RAHMAT  -  1,965 words
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  • CINEMA/MUSIC
    • Article, Illustration
      Lock icon Perry gets preachy
      417 35  -  By GEOFFREY EU A FEW minutes into the cloying piece of cinematic sludge that is Good Deeds, it becomes painfully obvious that this movie about a poor little rich guy in search of personal happiness is in no danger of rising above its material. The basic premise
      PHOTOS: BLACK FILM  -  417 words
    • Article, Illustration
      Lock icon Webb feat
      708 35  -  Kudos to director Marc Webb who has materfully pulled off the fourth unravelling of Spider-Man’s yarn, writes GEOFFREY EU writesGEOFFREY writesGEOFFREY EU SPIDER-MAN made his comic book debut 50 years ago but he’s still swinging strong, so to speak, and although the teenagers that the character was first
      PHOTOS: COLUMBIA PICTURES  -  708 words
    • Article, Illustration
      Lock icon Music festival goes beyond the beat
      531 35  -  By By DYLAN TAN Additional reporting by Christopher Lim THERE will be more familiar faces than usual at this year’s Baybeats as the three-day non-ticketed music festival which kicks off this evening, invites some of its alumni back. It’s all part of the friendship
      PHOTOS: ESPLANADE – THEATRES ON THE BAY  -  531 words
    • Article, Illustration
      Lock icon Remastered classics
      519 35  -  JAZZ CD REVIEWS By CHRISTOPHER LIM SOME albums have been out of print for so long that the only place to find them, other than at used CD stores, is on download stores like Apple’s iTunes. And since iTunes just launched here on Wednesday, some might be tempted
      519 words
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  • DRINK
    • Article, Illustration
      Lock icon Finesse over brawn
      1190 36  -  Japanese whiskies make for excellent food pairings, as they are more nuanced and softer on the palate, writes CHRISTOPHER LIM writesCHRISTOPHER writesCHRISTOPHER LIM Dinners that pair food with whisky rather than wine are less common, not just because of the alcohol content about 40 per cent compared
      PHOTOS: YAMAZAKI DISTILLERY, FAT COW  -  1,190 words
  • Page 36 Advertisements
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      113 36 Ill m. L'.ii mm f'W* if JTLE ETAILS SUUITH YOURS. With an erijire floor to keep your children engaged as our latest collections occupy you, luxury is being able to divide your duties without sacrificing any attention. Armani Junior Beauty. Mums. Babies. Blossom Friends Chateau De Sable Early Learning Centre
      113 words
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  • WINE
    • Article, Illustration
      Lock icon Sip on serious rosé
      1097 37  -  Chateau Esclans makes rosés with 40-to-80-year-old vines using time-honoured Burgundian methods, writes N K YONG writesN writesN K YONG MENTION rosé wines and you will either get a blank stare or some disparaging remarks. Not entirely a surprise given that many of us cut our milk
      1,097 words
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      155 37 y. AH fl t li* V LV S K kv V 'J X V 7 2-sss c EMllSW mmMi fvTB RS i -A Urn w I a "V ft leg, j r ■«rt> V i* > I V S i \< ij j i J eg gg q T« II
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  • ARTS
    • Article, Illustration
      Lock icon Heart and soul
      1084 38  -  Marjorie Chu, leading light of the local art scene for more than 40 years, says art unlocks the doors to our soul, writes APRIL CHYE writesAPRIL writesAPRIL CHYE ASK Marjorie Chu what art is to her and she tells you, very simply: “Art is that which communicates”.
      PHOTOS: YEN MENG JIIN  -  1,084 words
    • AroundTown
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        64 38 The Return: Artist Zann Huizhen Huang will bring his exhibition about the closure of Tanjong Pagar Railway Station back for the fourth time to commemorate its first anniversary. Relive some nostalgic moments in the comforts of a cafe gallery. The exhibition is held at Crazy World Cafe from June
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      • Article
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        198 38 Quartet Bravi Vocal Recital:Enjoy an evening of opera by renowned opera singers from around the world. The repertoire includes a solo, duet and quartet from Carmen, Rigoletto, La Traviata, Lakme and La Boheme. The concert is at the Esplanade Concert Hall on Jun 30 at 7.30pm. Tickets from Sistic
        198 words
      • Article, Illustration
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        118 38  -  Compiled by AARON JUSTIN TAN Spots Dots Yayoi Kusama and Damien Hirst exhibition: Yayoi Kusama is one of Japan’s most important living artists. Her art comprises a wide variety of mediums from painting to performance art, encapsulated best by her encapsulated by dazzling use of polka dots (above). In
        118 words
    • Article, Illustration
      Lock icon Mercurial romp
      430 38  -  By AARON JUSTIN TAN THE atmosphere in the Marina Bay Sands Theatre last Thursday was clearly Under Pressure at the opening of One Night of Queen. As Gary Mullen took to the stage as the visual re-creation of the late Freddie Mercury, the obvious question loomed would he
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    • Article, Illustration
      Lock icon Forces of nature at play
      516 39  -  By AARON JUSTIN TAN INSTEAD of having their entire books adapted, local literati Yeng Pway Ngon and O Thiam Chin will have excerpts of works turned into plays by ac-tor-director Nelson Chia in Utter. The double bill, performed in English and Mandarin, will lead in
      PHOTOS: THE ARTS HOUSE  -  516 words
    • Article, Illustration
      Lock icon Wild Down Under date
      571 39  -  By AARON JUSTIN TAN IT is not just accidents and cuts that leave you in stitches. Laughter, or comedy for that matter, can have that same effect so approach this year’s Melbourne International Comedy Festival Roadshow 2012 with care. We’re only joking, of course, but should
      PHOTOS: MELBOURNE INTERNATIONAL  -  571 words
    • Article, Illustration
      Lock icon Too many kooks
      678 39  -  There’s not enough funny business in the all-stars Happy Ever Laughter writes DYLAN TAN writesDYLAN DYLAN TAN WITH a dozen comedians sharing the stage, one would expect Happy Ever Laughter to be a riot but as the old saying goes, too many cooks spoil the broth. Though
      DRtAM ACADEMY PRODUCTIONS  -  678 words
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      105 38 IRRESISTIBLE GREAT SINGAPORE SALE DEALS 1 FOR 1 Any selection of crepes at Out Of The Pan Swiss and Asian Lunch buffet at Cafe Swiss (Mon Sat) at SWISSOTEL THE STAMFORD 15 May ii July 2012 20% OFF All F&B at Lobby Court All F&B at Kopi Tiam and receive
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