The Business Times, 21 August 2012

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Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Tuesday, August 21, 2012
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  • Article
    Lock icon M’sia leaves S’pore trailing in Islamic finance business
    814 1  -  Islamic banking assets with commercial banks globally seen hitting US$1.1t this year, up 33% from 2010 By SIOW LI SEN [SINGAPORE] Singapore is struggling to make inroads into Islamic finance even as neighbouring Malaysia is on the cusp of another record-busting year.
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  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      48 1 Monday Change ST INDEX Closed KL COMP Closed NIKKEI 225 9,171.16 +8.66 HANG SENG 20,104.27 -11.80 SET INDEX 1,229.00 +5.09 JAKARTA COMP Closed MANILA COMP Closed SEOUL COMP 1,946.31 -0.23 SHENZHEN B 580.45 -1.61 MUMBAI IND Closed 12 noon EDT Change DOW 13,259.67 -15.53 NASDAQ 3,071.04 -5.55
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    • Article
      Lock icon PRIME RATES
      18 1 SINGAPORE MALAYSIA HONG KONG 5.38 6.55 5.00 INDONESIA 0.50 TAIWAN 5.036 JAPAN 1.475 KOREA Source: Bloomberg
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    • Article
      Lock icon FOREX
      49 1 us$ s$ US$ (S$ per US$) 1.253 (US$/S$ per 1.571 1.968 EURO (US$/S$/€) 1.235 1.547 Foreign currency per US$ S$ YEN 79.40 63.40 RM 3.132 2.500 HK$ 7.757 6.192 BAHT 31.52 25.16 RUPIAH 9,490 7,576 RENMINBI 6.358 5.076 INDIAN RUPEE 55.66 44.43 A$ 0.957 0.764 NZ$ 1.237 0.987
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  • Article
    Lock icon Companies turning cautious on business travel
    662 1  -  But no sharp travel budget cutback seen, unlike in 2008-09 By NISHA RAMCHANDANI [SINGAPORE] Companies tightening their belts against the backdrop of a slowing global economy are keeping a close eye on rising travel costs, though travel budgets are not expected to be scaled
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      135 1 MURDER CHARGE Gu Kailai gets suspended death sentence PAGE 3 SME Inc Searching for a ‘Souper’ model PAGE 8 COMMENTARY Wong Wei Kong: The hard truths in the APB tussle PAGE 2 HAN CHENG FONG Long haul yet for ongoing lawsuit PAGE 2 BT WEBSITES For breaking news, go to
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      38 1 THE BUSINESS OF TIME This has been the Year of the Dragon and the Olympics. Well, what do they have to do with luxury watches? Find out on Friday, August 24, in BT’s bumper 56-page annual watch supplement.
      38 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      340 2 S’pore trails KL in Islamic finance SINGAPORE is struggling to make inroads in Islamic finance even as neighbouring Malaysia is on the cusp of another record-busting year. Bankers say Singapore is hobbled by a lack of a domestic market for Islamic finance products, while Middle East investors are
      340 words
    • Article, Illustration
      Lock icon The hard truths in the APB tussle
      1201 2  -  When separation of interests is unclear, minorities always come out the worst COMMENTARY WONG WEI KONG News Editor AS the market further digests Heineken’s latest offer for Fraser and Neave’s stake in Asia Pacific Breweries (APB), there are hard truths that can’t be
      1,201 words
    • Article, Illustration
      Lock icon Long haul yet for lawsuit involving Han Cheng Fong
      961 2  -  By CAI HAOXIANG [SINGAPORE] The lawsuit involving prominent private property developer Han Cheng Fong looks set to drag on for a while. It was adjourned last Friday with only two witnesses having been cross-exam-ined and six more to take their turn
      FILE PHOTO  -  961 words
    • Article, Illustration
      Lock icon Gu gets suspended death sentence
      849 3 This means she is likely to face life in jail for murdering a British businessman Reuters [HEFEI, China] A Chinese court sentenced the wife of disgraced Politburo member Bo Xilai to death yesterday but suspended her execution, ending one chapter in a scandal that has
      Reuters; REUTERS  -  849 words
    • Article
      Lock icon 1.44b Facebook shares to be freed by mid-Nov
      487 3 More price pressure ahead after last week’s unlocking Bloomberg [SAN FRANCISCO] Facebook shares, which fell to a record low last week after insiders were allowed to sell stakes, will face more pressure when another 1.44 billion shares are freed up through November.
      Bloomberg  -  487 words
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      187 2 STI Breaks 3,000 Where Should You Put Your Money? World renowned experts share insights and opportunities at Shares Investment Conference this SEPTEMBER CONFERENCE 2012 Mr. Jim Rogers (USA) Rock Auditorium, Suntec City Mall Level 3 PRESENTED BY: Mr. Mike Bellafiore *Professor Chan Yan Chong (Singapore Hong Kong, China) !SEP 1
      187 words
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      150 3 A3 Si i SR P si fi v A m PI -v* 5 i®, i X awaHBicR*5« t E Class M r Introducing the E-Class with AMG bodystyling. Exemplary performance, wrapped in AMG style. 1,000 Days Free COE The Mercedes-Benz E-Class takes on an even more dynamic character with AMG
      150 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Muted Malaysia interest in Asean trading link
      517 4  -  Brokers cite existing tie-ups and concerns over regulatory issues on risk By JAMIE LEE MALAYSIAN brokers have shown muted interest in the Asean trading link, given that most brokerages already have trading tie-ups with counterparts in Singapore, a senior executive of IT connection-services
      REUTERS  -  517 words
    • Article, Illustration
      Lock icon CME applies to set up London exchange
      335 4  -  The exchange will start with the trading of forex futures products By EMILYN YAP CME Group, the world’s leading futures exchange operator, is seeking regulatory approval to create a London-based derivatives exchange. CME said yesterday that it is applying to the United Kingdom’s
      BLOOMBERG  -  335 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1534 4 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Capital Ind REIT 2.00 2.00 2 10.00 12.80 1.42 1.28 Amtek Engineering Ltd 1.67 1.67 6 0.07 7.51 0.88 0.63 ARA Asset Management 1.38 1.38
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 4 Aug 17 VALUE CLOSE BT OB/OS 98.00 +67.00 BT CADI -*****.00 +32.00 BT 10-day MA -*****.00 +10.00 FTSE ST Mid Cap 706.11 +1.63 FTSE ST Small Cap 466.48 +0.61 FTSE ST All Share 740.33 +0.18 FTSE ST China Top 204.66 +0.52 FTSE ST China 223.19 +0.61 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      60 4 VOLUME GSH Corp 504,202,000 Genting SP 456,780,000 Noble Grp 421,394,000 M Devt 385,897,000 F&N 333,579,000 Golden Agri 324,406,000 TT Intl 265,423,000 HLH Grp 194,985,000 Annica 154,702,000 NexGenSCom 149,025,000 VALUE($) F&N 2,955,111,910 Asia Pac Brew 1,073,716,790 Genting SP 599,747,006 Noble Grp 514,160,810 SingTel 467,168,513 Wilmar 338,711,760 Golden Agri
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    • Article
      Lock icon RISES
      112 4 BY CENTS CLOSE UP IS S&P500 ***** 473.4 2.7 IS DJ US Tech 7578 204.1 2.2 DBXT iBoxxKR 5US$ ***** 109.0 0.7 GLD 10US$ ***** 106.5 0.5 DBXT MSJAP 10US$ 3582 81.4 1.8 DBXT AUD Bonds 5AU$ ***** 79.8 0.3 Jardine C&C 4923 78.0 1.6 Lyxor Malaysia 10US$ 939
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    • Article
      Lock icon FALLS
      125 4 BY CENTS CLOSE DOWN DBXT USDIGInfl 5US$ ***** -864.2 -2.4 STXPO 100 159.5 -310.5 -66.1 JSH 3400 -83.9 -1.9 DBXT MSKorea 10US$ 5664 -77.7 -1.1 JMH 5365 -75.1 -1.1 DBXT FTChina25 10US$ 2618 -71.4 -2.1 DBXT S&P Short 10US$ 3597 -50.1 -1.1 CityDev 1147 -45.0 -3.8 Asia Pac Brew
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 4 WEEKLY
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    • Article
      Lock icon PRIME LENDING RATES
      323 5 Aug 17 BANKS Agricultural Bank Of China 5.5 Agricultural Bank Of China 5.5 Banco Bilbao Vizcaya 6 Bangkok Bank Public Co. Ltd 6 Bank Julius Baer Co. Ltd 5 Banco Bilbao Vizcaya Bank of China Limited 5.5 Bank of Communications 5.5 6 Bank Julius Baer Co. Ltd
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    • Article
      Lock icon COMPANY MEETINGS
      226 5 COMPANY MEETING PLACE DATE TIME Stratech Systems E Function Room 1 31 International Business Park Level 1 Creative Resource 21-Aug 9.00am Frencken Group E Orchard Hotel Singapore Juniper Room Level 2 442 Orchard Road 23-Aug 10.00am Interra Resources E Tanglin Room 1 Level 1 RELC International Hotel 30
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    • Article, Illustration
      Lock icon Unprecedented 60b euros in hedge funds awaiting Europe fire sale
      746 5 No pressure to sell amid record low interest rates, cash flush environment Bloomberg [LONDON] Hedge funds and private-equity firms have amassed an unprecedented 60 billion euros (S$92.8 billion) to invest in distressed debt in anticipation that Europe’s sover-eign-debt crisis will
      Bloomberg; AP  -  746 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1835 5 Payment Ex Books Pay Ann (cts) date close date date ABR Holdings be 30.000 17-Aug 22-Aug 07-Sep 14-Aug AIMS AMP C Ind REIT ag 2.500 30-Jul 01-Aug 18-Sep 19-Jul ARA Asset Mgtm aw 2.300 24-Aug 28-Aug 11-Sep 13-Aug Ascendas REIT ES ad 0.030 23-Jul 25-Jul 28-Aug 18-Jul Ascendas
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    • Article
      Lock icon Investor Relations Highlights
      325 5 ShareInvestor A SUBSIDIARY OF Sph AsiaMedic Turned To Profit In 1H2012, regional expansion underway AsiaMedic Limited, a growing premier healthcare provider in Asia, announced an improved set of results for the first half of the financial year ending 31 December 2012 as the Group achieved better performance
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      23 5 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sq. WATS NOTICES
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      Lock icon Page 5 Advertisements Column 2
      595 5 Aegion Corporation Announces Thomas E. Vossman as New Senior Vice President International ST. LOUIS, MO, August 10, 2012 Aegion Corporation (“Aegion” or the “Company”) (Nasdaq Global Select Market: AEGN) today announced that Thomas E. Vossman has accepted the position of Senior Vice President International. Based out of Houston, Tom will
      595 words
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      Lock icon Page 5 Advertisements Column 3
      268 5 Cash Out om Crisis shs Warren Buffett is able to compound an annual average of 20% from his investments for 40 years, turning $9,800 to over 40 billion. The great Sir John Templeton, one of the greatest stock picker of all time, outperform and outbeat the market consistently for 5
      268 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Passionate about beauty and skincare
      997 6  -  Ann Lee founded Adonis on a philosophy of holistic skincare with roots in Western sciences and traditional Ayurvedic teachings of the Orient By INDRA BUDIHARTO, EDWIN ISKANDAR MICHELLE YEO The writers are students at NUS Business School Philosophy, science, orientalism are the three buzzwords from
      ARTHUR LEE  -  997 words
    • Article, Illustration
      Lock icon Staying ahead of the pack
      879 6  -  Skills upgrading has enabled SC Auto to succeed in coaches and buses manufacturing By SHEN YANG, YU DIAN, ZHANG SHAODAN The writers are students at NUS Business School IT has been a long and difficult journey for SC Auto Industries. A winner of the Enterprise
      YEN MENG JIIN  -  879 words
    • Article, Illustration
      Lock icon Not your usual boring industrial buildings
      787 7  -  OKH has found a niche in the premium industrial property market segment with its aesthetically appealing designs By CAO FEIYA, MA TIANBO WEN YUSHAN The writers are students at NUS Business School ITH its new design of the A’Posh BizHub and Primz BizHub, OKH
      ARTHUR LEE  -  787 words
    • Article, Illustration
      Lock icon The taste of sweet success
      914 7  -  Wee Tiong punches above its weight in the fiercely competitive sugar business By STANLEY TAN, YONG XIANCONG RONNIE SIM The writers are students at NUS Business School IN an industry worth billions of dollars worldwide and probably impacts every household on the planet, you can
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      156 7 Choosing your son’s education shaping his future Christ Church Grammar School is a leading school for boys located in Perth, Western Australia. Its Year 12 academic results consistently places graduates amongst the top students in Australian schools and they achieve entry to outstanding Australian and international universities. Christ Church understands
      156 words
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  • SME Inc
    • Article, Illustration
      Lock icon Searching for a ‘Souper’ model
      1181 8  -  Decade old local eatery The Soup Spoon hopes to be the Starbucks of the soup world, reportsANDREA SOH reportsANDREA ANDREA SOH EVERY 10-year-old boy has swashbuckling ambitions to conquer the world. Local eatery The Soup Spoon, which celebrates its 10th anniversary this year, is no
      YEN MENG JIIN  -  1,181 words
    • Article
      Lock icon In pursuit of brand leadership
      1159 8  -  With today’s fast-changing consumer trends, depending on aggressive pricing for long-term growth is not enough COMMENTARY By PREM SHAMDASANI This article was first published on NUS Business School's Think Business portal. Prem Shamdasani is associate professor of marketing at the school. TAKE a look at
      1,159 words
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      66 8 HAVE an interesting story on an SME to share? Drop us a note on why you think the company should be featured in our weekly SME INC pages, with details like how much the company has grown and its expansion plans. Send your e-mail to Felda Chay at feldac@sph.com.sg with
      66 words
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  • PRODUCTIVITY MATTERS
    • Article, Illustration
      Lock icon Looking beyond the shiny facade
      1308 9  -  Retailers are fighting stiffer competition, rising costs and a tight labour market, while productivity in the sector remains low, reports TEH SHI NING RETAIL reportsTEH reportsTEH SHI NING SINGAPORE’S retail scene may be buzzing with glitzy new malls springing up and the arrival of more
      ARTHUR LEE; Source: Spring Singapore; Source: Department of Statistics: ’Retail Trade’ & ’The Services Sector’ 2010 Surveys  -  1,308 words
    • Article
      Lock icon Where to go
      658 9 Schemes for all sectors: FUNDING WORK PROCESSES IMPROVEMENT WORKFORCE DEVELOPMENT LEGEND SCHEME WHAT YOU GET WHO TO CONTACT Productivity and Innovation Credit (PIC) Inclusive Growth Programme (IGP) iSPRINT Businesses can enjoy 400% tax deduction and/or a cash payout of up to $60,000 for their spending across six
      658 words
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  • MALAYS IA/IN DON ESI A
    • Article, Illustration
      Lock icon Indonesia to raise net 177.3t rupiah debt in ‘13
      822 10 Amount to be raked in via bonds will be used to upgrade infrastructure Reuters [JAKARTA] Indonesia will raise more debt to finance improvements to its creaking infrastructure in a bid to boost strong economic growth and further enhance its sovereign credit
      Reuters; REUTERS FILE PHOTO  -  822 words
    • Article
      Lock icon Affin plans to buy stake in Bank Muamalat
      796 10 Analyst reactions mixed as they don’t see much synergies [KUALA LUMPUR] Analysts have mixed views on Affin Holdings Bhd’s surprise plan to buy a stake in Bank Muamalat Malaysia Bhd, one of the country’s two standalone Islamic banks. While they note that
      796 words
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      841 10 SERIES Effective Leadership Customer Service Skills AUGUST 2012 FULL-DAY WORKSHOPS 27 Aug, 2012 (Mon) 23 Aug, 2012 (Thu) Unlock Your Personal Charisma The Unspoken Secret of the Successful SPH News Centre (9.30am to 6.00pm) Who should attend: What you will learn: How to connect with anyone (including difficult people) and
      841 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Migrants could power China’s consumer growth
      504 11 Consumption-driven growth more stable than investmentbased strategy Reuters [BEIJING] China’s domestic migrant labour force could power consumer spending growth in the world’s second biggest economy if workers had better access to basic welfare services in the cities where they live and work, a new
      Reuters; PHOTO: AFP  -  504 words
    • Article
      Lock icon Showdown for Big Pharma in India’s courts
      782 11 Supreme Court to hear case for Novartis cancer drug patent Reuters [MUMBAI] India’s highest court will hear final arguments starting this week in a landmark case on drug patents that could change the rules for the country’s healthcare sector and potentially curb its
      Reuters  -  782 words
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      205 11 Metastatic Breast, Colorectal Prostate Cancer. Know your CTC count. m. r s r Do you know Circulating Tumor Cells, better known as CTCs are cancer cells that have broken away from a tumor and have entered the bloodstream. The presence and number of these cells in the blood stream can
      205 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Unhappy French bankers moving to London
      1106 12 Parisians feel unappreciated and overtaxed by Hollande govt Reuters [PARIS/LONDON] The City of London financial district, though diminished by scandals and job cuts, is proving irresistible to fed-up Parisian bankers fleeing France’s rising taxes and the feeling that they’re not best loved at home.
      Reuters; REUTERS  -  1,106 words
    • Article
      Lock icon Thailand signals slower growth as export risks rise
      531 12 Bloomberg [BANGKOK] Thailand signalled growth in the second half of this year may be weaker than previously forecast as a global slowdown hurts exports from South-east Asia’s sec-ond-biggest economy. Gross domestic product is forecast to expand 5.5 per cent to 6 per
      Bloomberg  -  531 words
    • Article
      Lock icon East Europe seeks silver lining in deleveraging
      781 12 Balanced growth sought as Western loans dry up Bloomberg [LONDON] Eastern Europe, whose banks are the world’s most dependent on foreign funding, may benefit in the long term from a pullback by Western lenders as economic imbalances abate to leave a sturdier platform
      Bloomberg  -  781 words
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  • WORLD
    • Article
      Lock icon Lawsky gets both bouquets and brickbats
      791 13 Ex-colleagues say that he’s likely to keep doing what he had done to StanChart AP [ALBANY, New York] New York financial regulator Benjamin Lawsky, an Ivy League former prosecutor and top lieutenant to Governor Andrew Cuomo, has shaken a record US$340 million settlement from
      AP  -  791 words
    • Article, Illustration
      Lock icon Disinflation refutes Bernanke critics
      1178 13 Bloomberg [NEW YORK] Two years ago, Federal Reserve chairman Ben Bernanke suggested he would embark on a second round of asset purchases, sparking criticism in the US and abroad that he risked a rapid acceleration in prices. Since then, inflation has held near the Fed’s goal
      Bloomberg; REUTERS  -  1,178 words
    • Article
      Lock icon Protesters’ intrusion embarrasses ‘Fort Knox of uranium’
      698 13 AP [OAK RIDGE, Tennessee] Officials like to refer to the Y-12 National Security Complex as the Fort Knox for highly enriched uranium, which is why an unprecedented incursion by an 82-year-old nun and two fellow protesters has critics mocking the notion that the
      AP  -  698 words
    • Article, Illustration
      Lock icon Asia benefits from Europe’s financial woes
      1003 14 Asian firms snap up assets but are not doing more in Europe itself Reuters [LONDON] As European banks retrench to recover from the global financial meltdown, they are finding ready buyers in Asia for everything from loans to entire insurance and broking operations. There
      Reuters; REUTERS  -  1,003 words
    • Article
      Lock icon Japan, China defuse tensions over rows
      649 14  -  Tokyo replaces its ambassadors to China, S Korea, US By ANTHONY ROWLEY in Tokyo JAPAN and China showed signs yesterday of wanting to defuse tensions over territorial rows which flared after activists from both countries made sorties to the disputed Senkaku Islands over the
      649 words
    • Article, Illustration
      Lock icon NOT FLYING AWAY
      71 14 [EDINBURGH, Scotland] A woman viewing artwork near the Picasso painting ‘Child with a Dove’ displayed during the ‘Picasso and Modern British Art’ exhibition at the National Gallery of Modern Art here last Friday. Britain has placed a temporary export ban on a key Picasso painting which had
      REUTERS  -  71 words
    • Article
      Lock icon Asian banks look to cut US trading ties
      835 14 Reuters [SINGAPORE] Asian banks are reviewing relationships with their US counterparts to avoid being caught by tough new American rules on derivatives trading that are about to come into force. From the start of next year, non-US banks that annually deal in
      Reuters  -  835 words
    • Article
      Lock icon Myanmar’s decision to end media censorship delights journalists
      360 14 AFP [YANGON] Myanmar said it had abolished media censorship yesterday in the latest in a series of rapid democratic reforms, delighting journalists who lived for decades under the shadow of the censors’ marker pen. Draconian pre-publica-tion checks applied in the past to
      AFP  -  360 words
    • Article, Illustration
      Lock icon Draghi’s euro show what pragmatic Merkel wants
      1178 15 Eurozone break up before German election will dash her hopes for 3rd term Reuters [BERLIN] When Angela Merkel backed Mario Draghi to become president of the European Central Bank in May last year, many in Europe assumed it was with resignation, a setback
      Reuters; AFP  -  1,178 words
    • Article, Illustration
      Lock icon Forex skills handy for planning holidays
      534 15 Reuters [NEW YORK] Currency strategists may be sour on the euro, but they’re sweet on vacations in Europe. When researching travel destinations, people usually consider factors such as the weather, amenities, and what to bring. But foreign exchange strategists have the added advantage of
      Reuters; AFP  -  534 words
    • Article
      Lock icon Nigeria launches fresh bid to overhaul oil industry
      914 15 AFP [LAGOS] It was the year the world became acquainted with Barack Obama, when “tweet” was labelled a buzzword by Time magazine and when legislation was introduced to overhaul Africa’s biggest oil industry. That was way back in 2008, and many deadlines
      AFP  -  914 words
    • Article, Illustration
      Lock icon Sign that best may be over after S&P rally
      830 16 No reason for stocks to go higher given lack of earnings and economic growth Bloomberg [NEW YORK] The 13 per cent rally in the Standard Poor’s 500 Index has lifted the gauge to its highest level ever compared with strategists’ forecasts,
      Bloomberg; AP  -  830 words
    • Article
      Lock icon Corporate costs in S Africa climb on mine violence
      484 16 There are concerns that deadly clashes will deter investors Bloomberg [CAPE TOWN] South Africa’s corporate borrowing costs are climbing on concern the deadliest mine violence since the end of apartheid will deter investors just as some mining companies prepare to sell
      Bloomberg  -  484 words
    • Article, Illustration
      Lock icon Park Geun Hye wins S Korea ruling party nomination for presidential race
      576 16 Bloomberg [SEOUL] Park Geun Hye, whose father ruled South Korea as dictator for 18 years, has won the ruling party’s presidential nomination, bringing her a step closer to her goal of becoming the country’s first female leader. Ms
      Bloomberg  -  576 words
    • Article, Illustration
      Lock icon Merkel’s green shift forces Germany to burn more coal
      709 16 Bloomberg [BERLIN] Chancellor Angela Merkel’s government says RWE AG’s new power plant that can supply 3.4 million homes aids her plan to exit nuclear energy and switch to cleaner forms of generation. It’s fired with coal. The start-up of the 2,200-megawatt
      Bloomberg; REUTERS  -  709 words
    • Article, Illustration
      Lock icon UK’s FSA nets biggest haul yet from insider dealing crackdown
      456 17 Reuters [LONDON] Britain’s Financial Services Authority (FSA) secured its biggest proceeds-of-crime haul yesterday when it was granted permission to confiscate £1.5 million (S$2.9 million) from a former Dresdner Kleinwort banker and his wife. In October 2010 Christian Littlewood, his wife
      Reuters; REUTERS  -  456 words
    • Article
      Lock icon Bond yield cap report ‘misleading’: ECB
      558 17 Plan hasn’t been discussed by ECB council, decisions haven’t been taken AFP Reuters AP [FRANKFURT] The European Central Bank (ECB) yesterday dismissed as “absolutely misleading” a report that it planned to set a cap on the borrowing costs of debt-wracked eurozone countries. “It is
      AFP; Reuters; AP  -  558 words
    • Article
      Lock icon Greece seeking to find 11.5b euros in spending cuts
      403 17 AP [ATHENS] Greece’s finance officials yesterday were seeking 11.5 billion euros (US$17.79 billion) in spending cuts necessary for the country to continue receiving the international funding that is protecting it from bankruptcy. Finance Minister Yannis Stournaras met with his deputy ministers
      AP  -  403 words
    • Article
      Lock icon GIC bids US$1.5b for hedge fund Paulson’s hotel group
      247 17 Reuters [NEW YORK] The Government of Singapore Investment Corp (GIC) has bid US$1.5 billion for a group of bankrupt hotels owned by hedge fund Paulson Co, including the Arizona Biltmore Resort Spa in Phoenix and La Quinta Resort Club in La
      Reuters  -  247 words
    • Article, Illustration
      Lock icon ‘Top Gun’ director Tony Scott jumps to his death
      541 17 AFP [LOS ANGELES] Prominent Hollywood film director Tony Scott, whose signature works included Top Gun, jumped to his death from a bridge in San Pedro, California, city officials announced late on Sunday. Police and US Coast Guard officials pulled Scott’s body
      AFP; AP  -  541 words
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      398 13 SPEAK WITH POWER, CLARITY CONFIDENCE Secrets Powerful Presidents, Motivational Speakers and Inspiring Leaders never told you! THE VOICE SPA™ Voice Speech Confidence Learn 5 secrets to Voice Power and Speech Confidence. Learn proper breathing for Powerful Projection. Learn to address the top 3 pronunciation problems. Learn to control the speed
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      13 13 www.omy.sg m K-pop 51 mm I? Ixl m hi r More at showbiz.omy.sg
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      489 15 WATS NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP 50) AND IN THE MATTER OF KHIANG HENG COMPANY PTE LTD (In members’voluntary liquidation) Registration No: *****0050R NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of The Companies Act, Cap. 50, the Final Meeting of
      489 words
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      466 17 THINK BIG ENTREPRENEUR CONVENTION 2012 Business Solutions Updated Whether you are starting up or already running a business, here's your opportunity to glean expert advice from experienced business specialists on how to fund your ideas, improve efficiency and communicate your brand effectively. Plus hear what industry leaders think how businesses
      466 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Address core issues in island claims
      496 18 EDITORIAL THIS has been a long, hot and very trying summer in Japan and elsewhere in North-east Asia, but that does not explain or excuse the sudden outbreak of what can only be termed minor hostilities among Japan, South Korea, China and even Taiwan
      496 words
    • Article, Illustration
      Lock icon Ryanomics will increase, not cut, the US budget deficit
      817 18  -  THE BOTTOM LINE PAUL KRUGMAN The writer is professor of economics and international affairs at Princeton University, and winner of the Nobel Prize in economics in 2008 NYT MITT Romney’s choice of Paul Ryan as his running mate has led to
      NYT  -  817 words
    • Article, Illustration
      Lock icon The mirage of massive youth unemployment
      899 18  -  Youth unemployment ratio is a more meaningful indicator than youth unemployment rate By STEVEN HILL The writer is the author of ‘Europe’s Promise: Why the European Way is the Best Hope in an Insecure Age’ and ‘10 Steps to Repair American Democracy Project Syndicate
      Project Syndicate; AP FILE PHOTO  -  899 words
    • Article, Illustration
      Lock icon Give water its due importance
      1223 19  -  Rethink the place of water management in policymaking and derive greater benefit from water events, especially SIWW By ASIT K BISWAS LEONG CHING Asit K Biswas is distinguished visiting professor at the Lee Kuan Yew School of Public Policy and founder of the Third World
      BLOOMBERG FILE PHOTO  -  1,223 words
    • Article, Illustration
      Lock icon Maintaining the democratic spirit
      382 19  -  STAT SPEAK By BHANOJI RAO The writer is a governing board member of GITAM University (Visakhapatnam and Hyderabad) and an honorary professor at the Administra tive Staff College of India. He was formerly with the National University of Singapore and the World Bank THE world (accounting
      AP  -  382 words
    • Article
      Lock icon THRE board should release 3 IDs’ letters
      473 19  -  LETTER TO THE EDITOR Mak Yuen Teen I REFER to the report “Treasury China Trust assures unitholders” (BT, Aug 16) and the Singapore Exchange announcement by Treasury China Trust (TCT) dated Aug 15. These follow the letter “SGX should investigate what’s going on
      473 words
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  • Page 19 Advertisements
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      103 19 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      566 20 Aug 20 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 9202.36 9222.87 9150.79 Sep12 9170.00 9230.00 9145.00 9195.00 ***** *****0 Dec12 9125.00 9145.00 9125.00 9130.00 33 ***** MSCI TAIWAN INDEX FUTURES SPOT 264.27 264.64 262.33 Aug12 264.90 265.90 262.00 264.00 ***** *****9 Sep12 264.90
      566 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 20 In local curr In S$ In US$ dy yr dy yr dy yr Aug 17 Index Change Change Change Change Change Change World Preliminary 910.8 0.3 9.8 0.4 5.4 0.1 9.0 EAFE Preliminary 732.6 0.6 7.4 0.5 1.8 0.2 5.2 Europe Preliminary 1106.9 0.5 7.8
      373 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      128 20 As on 17 August 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL INDIA GOLD (E-GOLD) FUT OCT2012 539.50 537.20 540.55 1039 GOLD FUT DEC2012 1618.90 1615.40 1619.20 6 CURRENCY EUR-USD FUT SEP2012 1.2385 1.2294 1.2325 5633 BASE METAL COPPER FUT SEP2012 7544 7449
      128 words
    • Article
      Lock icon CHICAGO BOT
      107 20 Aug 17 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 12 1671.00 1656.25 1673.00 1649.50 Nov 12 1645.75 1625.25 1648.00 1620.50 Jan 13 1637.00 1614.75 1638.00 1609.75 Mar 13 1554.25 1534.25 1555.25 1528.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 12 53.11
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 20 CRUDE OIL PRODUCTS Aug 17 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 114.12 -0.36 WTI (Near Mth) 96.09 0.74 Dubai (1-Mth F) 110.57 -0.37 Tapis blend 118.79 -0.53 Minas 118.29 -1.03 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.06 -0.50 Jet Kerosene 132.26 -0.08 US$/barrel OpecOil Basket
      70 words
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      Lock icon US$/S$ FORWARD RATES
      22 20 Aug 17 S$ Bid Offer 1-month 1.2524 1.2529 2-months 1.2523 1.2529 3-months 1.2522 1.2528 6-months 1.2512 1.2518 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      65 20 Aug 17 Aug Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1821.25 1804.00 3 months 1858.00 1842.00 Copper, Grade A(US$/tonne) Cash 7532.50 7442.75 3 months 7539.00 7449.00 Lead(US$/tonne) Cash 1882.00 1827.50 3 months 1895.00 1847.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months
      65 words
    • Article
      Lock icon LIFFE
      80 20 Aug 17 COCOA (£/tonne) Close Prev High/Low Sep 12 1624 1608 1649/1607 Dec 12 1631 1613 1657/1615 Mar 13 1615 1598 1640/1600 May 13 1617 1598 1638/1602 COFFEE(US$/tonne) Close Prev High/Low Sep 12 2063 2064 2070/2048 Nov 12 2102 2103 2109/2086 Jan 13 2099 2101 2106/2085 Mar 13 2097
      80 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1207 20 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 1 146 456 6.75 21 Conv Ratio Exer Baker Technology Ltd W*****6 1.2 0.2 99 1 32 5 26.25 3 Prem Best World Intl Ltd W*****5 0.3
      1,207 words
    • Article
      Lock icon INTERBANK CROSS RATES
      470 20 Aug 17 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.032 6.641 0.846 8.102 58.134 99.118 0.829 11.863 3.271 1.292 98.685 44.321 1.308 8.626 1.016 31.341 32.921 0.665 1.044 Canada 0.969 6.437
      470 words
    • Article
      Lock icon SIBOR
      58 20 Aug 17 (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$) 0.***** 3 mths 0.***** 0.***** SWAP Mid rates (S$) 12 mths 0.***** SWAP Mid rates (S$) 1
      58 words
    • Article
      Lock icon PRECIOUS METALS
      136 20 Aug 17 GOLD(US$/oz) Aug 17 Aug 20 Hong Kong 1626.30 1626.00 Aug 20 Aug 16 Aug 17 London 1615.31 1615.74 1616.08 1616.96 Source: Thomsons Reuters CAST BAR Aug 17 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 156 65 5gm 443 324 10gm
      136 words
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      Lock icon GOVERNMENT SECURITIES
      80 20 Aug 17 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****A 15-Nov-12 0.25 6-Month BS*****S 07-Feb-13 0.26 1-Year BY*****T 02-May-13 0.25 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.04 5-Year N*****0Z 2.375 01-Apr-17 108.95
      80 words
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      Lock icon PALM OIL
      57 20 Aug 17 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 12 2866.0 2860.0 2899.0 2866.0 1114 7920 Oct 12 2911.0 2910.0 2940.0 2905.0 7378 ***** Nov 12 2946.0 2942.0 2971.0 2938.0 ***** ***** Dec 12 2983.0 2976.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 20 Aug 17 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3075 1.3092 1.0440 1.0449 Canadian dollar 1.2674 1.2689 1.0128 1.0119 Euro 1.5463 1.5476 1.2347 1.2352 NZ dollar 1.0119 1.0135 0.8080 0.8089 Sterling pound 1.9679 1.9688
      156 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 20 As at 9am Aug 17 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.345 1.281 Can dollar 1.296 1.235 Euro 1.581 1.506 Sterling pound 2.004 1.927 NZ dollar 1.043 0.994 US dollar 1.268 1.220 Local dollars to 100 units of foreign
      121 words
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      Lock icon INTERBANK RATES
      154 20 Aug 17 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.25 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 1.05 0.85 12
      154 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3027 21 Week ended: Aug 17 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Week Last Quote Div GrYld 132 92.5 AIMSAMPIReit 128 +1 1119 128.5 126.5 127.5 128 6.5 12.2 570.8 M
      3,027 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon American Airlines pilot union under pressure
      548 22 It is sole holdout after flight attendant union signs new contract Bloomberg [DALLAS] American Airlines flight attendants’ approval of a new contract with cost reductions increases pressure for a similar agreement between the bankrupt carrier and its pilots union, the lone holdout on collective-bargaining
      Bloomberg; AFP FILE PHOTO  -  548 words
    • Article
      Lock icon EU forces marine fuel dilemma for ships, refiners
      656 22 To comply with new laws they need to invest huge amounts Reuters [LONDON] A European crackdown on pollution from ships will require billions of dollars worth of investment by shipping firms on filter technology and by refineries on upgrades to produce cleaner
      Reuters  -  656 words
    • Article
      Lock icon Embattled Qantas chief forgoes bonus, pay rise
      276 22 AFP [SYDNEY] The embattled chief of Qantas Airways Alan Joyce said yesterday he would forgo any bonus or pay rise, joining a growing list of high-profile top executives at Australian companies who are doing the same. Qantas is struggling with soaring fuel costs
      AFP  -  276 words
    • Article
      Lock icon SGX CATALIST
      188 22 52-wks Tel Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last 4.6 1.3 t Advanced System 1.8 unch 2749 1.9 1.8 1.8 1.9 23.8 Week Last Quote Div Gr Yld Net M
      188 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 22 Stock name Close Change CapMallsAsia 1.645 -0.005 CapitaLand 3.030 -0.030 CapitaMall 1.930 -0.010 CityDev 11.470 +0.020 ComfortDelGro 1.700 +0.005 DBS Grp 14.730 +0.070 F&N 8.400 GLP 2.320 -0.060 Genting SP 1.360 +0.015 Golden Agri 0.710 -0.005 Stock name Close Change HK Land 6.190 +0.080 JMH 53.650
      112 words
    • Article
      Lock icon GLOBALQUOTE
      208 22 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 46 28.5 AVJennings A30.5 +1 18 31 30.5 25.5 39.5 3.6 11.5 2.4 79.4 41.5 25.5 Genting HK US$ US35.5 +2 ***** 36 33 35 35.5 2337.5
      208 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 22 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 11 6 0 0 0 0 11 6 0 Manufacturing 76 80 36 15 13 7 91 93 43 Commerce 43 23 10 8 7 2 51 30 12 Tpt/Stor/Comms 25 15 5
      186 words
    • Article
      Lock icon SGX ETF
      1092 22 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 114.4 ABF SG Bond ETF 123.7 +3.7 7 123.7 120.2 119.1 123 564.7 126.8 122.2 CIMB APAC Div 100S$D 126.8 127.7 128.6 103 95.8 CIMB
      1,092 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 22 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 75,368 75,368 320,449 320,449 Manufacturing 1,697,678 314,669 2,012,347 5,107,586 8,683 5,116,269 Commerce 1,694,013 44,208 1,738,221 932,608 2,098 934,706 Tpt/Stor/Comms 560,088 101,365 661,453 962,304 32,037 994,341 Finance 201,682 4,502 206,184 565,367 1,881 567,248 Construction 409,440 20,533
      123 words
    • Article
      Lock icon The Business Times Shipping Times
      1906 23 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
      1,906 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      313 22 CRYPTIC CROSSWORD Across 1 Nuptial bed is pounded, it’s certain (12) 9 Heavy charge lit to explode (9) 10 Tea around one for lounger, perhaps (5) 11 Grand talent by Queen’s supporting band? (6) 12 Small changes on page for religious texts (8) 13 In bathroom, female with a hard
      313 words
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  • Page 23 Advertisements
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      34 23 PLACE YOUR AD HERE The Business Times Shippii g Times CALL JOE WOT IG AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? II
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      Lock icon Page 23 Advertisements Column 2
      30 23 Experienced sh/p maintenance m you y r services services wanted, herein the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES III. UUJINLJJ IIIVILJ Shipping Times
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  • PROPERTY
    • Article, Illustration
      Lock icon The Aussie housing bubble that’s taking a while to pop
      1111 24 Factors signalling an imminent crash less in evidence now than five years ago Reuters [SYDNEY] Argument over whether Australian housing is in a bubble has dragged on for over a decade. A Google search on the subject draws 600,000 returns.
      Reuters; REUTERS  -  1,111 words
    • Article
      Lock icon No skipping of ‘unlucky’ numbers: Beijing
      321 24 Xinhua [BEIJING] Beijing has vowed to prohibit the selective avoidance of “unlucky” n u m b e r s n o rm a ll y deemed to include four, 13 and 14 in the registration of addresses, an official with the city’s quality watchdog
      Xinhua  -  321 words
    • Article, Illustration
      Lock icon Unpaid mortgages bigger than Dutch economy
      617 24 Reuters LANSINGERLAND, Netherlands] The eurozone crisis is washing over the walls of one of the region’s safest havens. So far the Netherlands, a founding member of the European Union and fiscal hawk along with neighbouring Germany, has been spared the dramatic collapse of property
      Reuters; REUTERS  -  617 words
    • Article, Illustration
      Lock icon UK home-sellers slash prices in August
      540 25 Buyers distracted by London Olympics and uncertain economic outlook Bloomberg [LONDON] UK home sellers cut asking prices by a record for the month of August after the London Olympic Games and an uncertain economic outlook distracted potential buyers, according to Rightmove plc. Average asking
      Bloomberg; BLOOMBERG  -  540 words
    • Article
      Lock icon Bovis Homes sees rise in H2 profit
      322 25 Reuters [LONDON] British housebuilder Bovis Homes Group doubled profit in the first half of 2012, helped by a rise in the number of its sales outlets, and said it expected profit to increase further in the second half of 2012. The company said
      Reuters  -  322 words
    • Article, Illustration
      Lock icon UK home prices under Premier League spell
      691 25 Bloomberg [LONDON] Soccer fans on the east side of the city of Manchester are outdoing crosstown rival Manchester United in more than the English Premier League standings. Home prices near the Etihad Stadium of league champion Manchester City have risen 271 per cent
      Bloomberg; BLOOMBERG  -  691 words
  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      85 24 FOR SALE BY TENDER MACRITCHIE RESERVOIR LOWER PIERCE RESERVOIR PRESTIGIOUS ISLAND COUNTRY CLUB CROWN JEWEL OF THOMSON... THOMSON VIEW RARE DISTRICT 20 RESIDENTIAL SITE THOMSON VIEW “Commanding panoramic views of Nature Reserves, Prestigious Golf Courses and CBD Cityscape...” TenderClosingDate:28 August 2012 (Tue) 3pm Jeffrey Goh 9824 1292 6559 8871 (Email:
      85 words
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      Lock icon Page 24 Advertisements Column 2
      90 24 The Premier Real Estate Agency GB5 CORPORATE TEAM WE PROVIDE A UNIQUE STRATEGY TO LANDED PROPERTY OWNERS AND FACILITATE THE MARKETING OF SALES PURCHASES OF LANDED PROPERTY 6100 9959 www.GPSIanded.com Global Property Strategic Alliance Pte Ltd Estate Agency No. L*****61F A Subsidiary of Koon Holdings Limited, Listed on ASX and
      90 words
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      Lock icon Page 24 Advertisements Column 3
      22 24 i Art lessons, anyone? Paint your own story by drawing out an art lesson or two from Class 21 right now! WATS
      22 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      136 25 Castledon Partners An Australian based boutique real estate advisor Our services include: Shopping Malls Development projects Office Commercial buildings 1 Independent investment, acquisition and development management DIRECTOR IN SINGAPORE 27TH 30TH AUGUST M +61 488 384 025 E enquiries@castledon.com.au W www.castledon.com.au IN THE MATTER OF THE COMPANIES ACT, CAP. 50
      136 words
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      Lock icon Page 25 Advertisements Column 2
      99 25 Former Cinema Space at Sultan Plaza Commercial; Strata area 37,189 sf Tenanted; Lettable area 16,738 sf Approved for karaoke lounge; 99-LH Good for entertainment/auditorium Tender Closing on 28 Aug 2012 (Tues), 2.30pm *****066 pamela.kow@credo.com.sg (CEA Regn No: R*****8 I liamhiap.tay@credo.com.sg (CEA Regn No: R*****0 Z) karamjit@credo.com.sg (CEA Regn No: R*****5D)
      99 words
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      Lock icon Page 25 Advertisements Column 3
      105 25 ViewSonic m r IPS VP also available in 27" size VG also available in 21.5", 23.6" 27" sizes Monitors for the PROFESSIONALS VP2365-LED IPS Full-HD LED Monitor 23" viewable size** IPS Panel (True 8-bit colour) Built-in 4-port USB Hub Pivot, Height Adjustment, 360° Swivel Tilt Free $20 Shopping Vouchers IPS
      105 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      57 26 Way gQQftftagjB*OaCKHA. 5* r i WHETHER YOU’RE STARTING A FAMILY OR PLANNING YOUR RETIREMENT, THERE’S AN IDEAL PLACE TO COME HOME TO. A product of SPH, Singapore’s trusted media group. At stproperty.sg your ideal home isn’t hard to find. The STProperty App for iPhone and iPad is free and available
      57 words