The Business Times, 13 November 2013

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Microfilm: NL32874
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Spi A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Wednesday, November 13, 2013
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  • Article, Illustration
    Lock icon 2,600 EPs not renewed in H1
    550 1  -  Bulk from wholesale, retail, professional services, infocomm sectors By leeuwen@sph.com.sg LEE U-WEN leeuwen@sph.com.sg [SINGAPORE] The government’s efforts to boost the standards of foreign professionals working in Singapore have resulted in fewer employment passes (EPs) being renewed this year. According to latest figures released by
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,180.25 (-6.47) HST INDEX FUTURES 3,179.00 (-7.00) HSIMSCI 366.81 (-0.78) HSIMSCI FUTURES 366.70 (-0.80) US$ S$ US$ (S$ per US$) 1.249 (US$/S$ per 1.595 1.992 EURO (US$/S$/€ 1.339 1.672 Foreign currency per US$ S$ YEN 99.70 79.80 RM 3.208 2.569 HK$ 7.753 6.208 BAHT 31.55 25.26 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Tuesday Change KL COMP 1,794.80 -9.41 NIKKEI 225 14,588.68 +318.84 HANG SENG 22,901.41 -168.44 SET INDEX 1,413.08 +7.17 JAKARTA COMP 4,380.64 -61.08 MANILA COMP 6,324.17 +58.94 SEOUL COMP 1,995.48 +18.18 SHENZHEN B 827.94 +5.97 MUMBAI IND 20,281.91 -209.05 11am EST Change DOW 15,755.87 -27.23 NASDAQ 3,915.51 -4.28
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    • Article
      Lock icon PRIME RATES
      21 1 SINGAPORE MALAYSIA MALAYSIA 6.55 HONG KONG 5.00 INDONESIA KOREA TAIWAN 5.036 US 1.475 KOREA SWITZERLAND BRITAIN 0.50 Source: Bloomberg
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  • Article, Illustration
    Lock icon GIC set to buy stake in iconic New York office complex
    592 1  -  By FELDA CHAY feldac@sph.com.sg [SINGAPORE] GIC is close to snapping up a part of New York City’s Time Warner Center, an iconic, 229m twin-tower mixed-use complex in the south-western corner of the city’s famed Central Park. The Business Times
    PHOTO: BLOOMBERG  -  592 words
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      148 1 KAZAKHSTAN Marking 20 years of S’pore-Kazakh diplomatic ties PAGES 20, 21 STRAIT TALK Another accident waiting to happen PAGE 24 PROPERTY Johor plans 2% levy on foreign buyers PAGE 12 CORPORATE RESULTS CDL profit down 10.4% in Q3 PAGE 5 EXECUTIVE MONEY Mobius still optimistic about emerging markets I PAGE
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  • TOP STORIES
    • Article, Illustration
      Lock icon Man charged with hacking AMK Town Council website
      838 2  -  5 others rounded up to assist in probe into attacks on PMO and Istana websites By JOYCE HOOI joyceh@sph.com.sg [SINGAPORE] Following a series of cyberattacks and threats against Singapore’s government, the man behind the Guy Fawkes mask is now allegedly six different
      PHOTO: LAU FOOK KONG/THE STRAITS TIMES  -  838 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      497 2 2,600 employment passes not renewed in H1 THE government’s efforts to boost the standards of foreign professionals here have resulted in fewer employment passes being renewed this year. FRONT PAGE GIC set to buy stake in iconic New York office complex THE Republic’s sovereign wealth fund, GIC, is
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    • Article
      Lock icon China’s govt to give markets bigger role
      623 4  -  Communist leaders vow to give leeway to markets and push for more reforms By VIRGINIE MANGIN in Beijing CHINA’S Communist Party ended a four-day meeting referred to as the Third Plenum yesterday, pledging to deepen reform and grant markets a “decisive” role. In
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    • Article
      Lock icon SIA’s Q2 profit surges 78% to $160.6m
      725 4  -  By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] Singapore Airlines’ (SIA) net profit for the second quarter ended Sept 30, 2013 soared 78 per cent year-on-year to $160.6 million, boosted by higher operating profit and share of profits from associated companies as well as gains from
      725 words
    • Article
      Lock icon S’pore Q2 household debt at 77% of GDP
      508 4  -  By CHUANG PECK MING peckming@sph.com.sg [SINGAPORE] Fanned by easy money, household debt in Singapore has shot up to 77 per cent of gross domestic product since the 2008-09 global financial crisis, according to a report by Bank of America Merrill Lynch. But
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    • Article
      Lock icon Market may correct in 2015/6: forum
      619 4  -  Higher interest rates to coincide with rise in housing supply PROPERTY By TEH SHI NING tshining@sph.com.sg [SINGAPORE] The property market here could correct significantly in 2015 or 2016, when higher interest rates are expected to coincide with a large increase in housing supply, economists
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    • Article, Illustration
      Lock icon Good interest in 2 residential projects
      462 4  -  By FELDA CHAY feldac@sph.com.sg [SINGAPORE] Two residential projects are seeing good interest in the run-up to their launch this week. Talk in the market is that more than 1,000 cheques have been submitted in the first phase of sales at the 660-unit Duo Residences,
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    • Article
      Lock icon Khaw sees light at end of property market tunnel
      500 4  -  By KALPANA RASHIWALA kalpana@sph.com.sg [SINGAPORE] National Development Minister Khaw Boon Wan says that he is seeing “more light at the end of the tunnel” in the quest to achieve a sustainable property market in Singapore. “But we are still in a
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      278 2 Attention NRIs and PIOs www.hdfc.com Only an expert can bring you closer to the leading developers. HDFC'S u Prime properties of India, right here in Singapore we make homes happen The mega Indian homes fair in Singapore. Now, for the 5th year. Dates: 16th 17th November, 2013 (Sat Sun) Time:
      278 words
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      209 2 Better manage the shadow plays in business by shining the light of true understanding NUS Business School Executive Education programs Authentically Asian insights EXECUTIVE EDUCATION ADVANCED MANAGEMENT PROGRAM: ASIA IN FOCUS 10 21 March 2014, Singapore Offering an innovative perspective on global and Asian business, the Advanced Management Program helps
      209 words
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      124 3 s i oun SEAMLESS CLOUD FOR THE WORLD NTT Communications provides global enterprises with a broad suite of Information and Communication Technology (ICT) services—all powered by more than 140 data centres worldwide with network coverage in 160 countries/regions. Our Software-Defined Networking based comprehensive cloud services, make your migration process simple,
      124 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon CDL raises red flags on private housing market
      770 5  -  Group posts 10.4% fall in Q3 earnings; revenue dips 1.2% to $822.7m By KALPANA RASHIWALA kalpana@sph.com.sg CITY Developments Ltd (CDL), which posted a 10.4 per cent year-on-year drop in third-quarter net earnings to $120.6 million yesterday, has raised some red flags on
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    • Article
      Lock icon A-HTrust Q2 distribution per unit: 1.41 cents
      356 5  -  Higher tax costs hit distributable income By ONG CHOR HAO ongch@sph.com.sg HIGHER-THAN-EXPECT-ED taxes caused second quarter distributable income at Ascendas Hospitality Trust (A-HTrust) to fall below its initial public offering (IPO) forecast. For the three-months ended Sept 30, 2013, income available for distribution
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    • Article
      Lock icon Straco Q3 net surges 72% to $15.2m
      403 7  -  This is partly due to more people visiting its 2 main aquarium attractions in China By CAI HAOXIANG haoxiang@sph.com.sg CHINA tourism operator Straco Corporation reported a 72 per cent surge in net profit to $15.2 million for its third quarter ended Sept 30,
      403 words
    • Article, Illustration
      Lock icon Golden-Agri’s Q3 earnings down 64.8%
      373 7  -  By MICHELLE QUAH michquah@sph.com.sg GOLDEN Agri-Resources (GAR) suffered a significant hit to its third-quarter earnings, as its revenue dipped and gross margin fell. The palm oil plantation company reported a 64.8 per cent plunge in its net profit attributable to shareholders for the three months
      FILE PHOTO  -  373 words
    • Article
      Lock icon Biosensors reports 60% fall in Q2 net profit
      431 7  -  By CAI HAOXIANG By haoxiang@sph.com.sg LOWER selling prices and sharply higher costs contributed to medical device manufacturer Biosensors Group International’s 60 per cent decline in net profit for its second quarter ended Sept 30. Net profit fell to US$11.3 million from US$28.2
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    • Article
      Lock icon SGX rolling out three new Asian Index Futures
      230 7  -  By JACQUELYN CHEOK jaccheok@sph.com.sg THE Singapore Exchange (SGX) will be introducing three new Asian Index Futures to give investors wider access to Asia’s key capital and growth markets, as well as emerging markets. They are the SGX-PSE MSCI Philippines Index Futures, SGX
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    • Article
      Lock icon Would, could, should F&N default?
      901 8  -  HOCK LOCK SIEW By KENNETH LIM kenlim@sph.com.sg FRASER and Neave’s (F&N) alleged threats of voluntary default will come into focus this week as the company meets shareholders and bondholders to discuss its plans to list its property arm. Bondholders are up in arms over what
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    • Article
      Lock icon Disposal gain lifts F&N full-year profit to $5.4b
      316 8  -  By FELDA CHAY feldac@sph.com.sg FRASER and Neave posted full-year net profit of $5.4 billion compared with $837.5 million last year, thanks to a $4.8 billion gain it made from disposing its discontinued operations. Earnings per share for the full year ended Sept
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    • Article
      Lock icon Buoyant Q3 for Nam Cheong
      416 8  -  By vshiao@sph.com.sg VIVIEN SHIAO vsh|ao@sph.com.sg BUOYED by a more than doubling in revenue, global offshore marine player Nam Cheong posted a record quarterly net profit of RM58.69 million (S$22.8 million). The third-quarter profit attributed to equity-holders was 86 per cent up from the RM31.55 million
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    • Article
      Lock icon RHT posts 2.06 cent DPU for Q2
      357 8  -  By MINDY TAN tanmindy@sph.com.sg RELIGARE Health Trust (RHT) posted a distribution per unit (DPU) of 2.06 cents for the second quarter ended Sept 30, narrowly beating its projected DPU of 2.05 cents. This is based on a total distributable income of $11.72 million
      357 words
    • Article, Illustration
      Lock icon SBST Q3 earnings dive 44% to $3.5m
      487 8  -  By SAMUEL EE samuelee@sph.com.sg SBS Transit’s (SBST) net profit for the third quarter ended Sept 30, 2013, slumped 43.8 per cent to $3.54 million, hit by losses at its two biggest businesses bus and rail. Revenue rose 7.4 per cent to $218.85 million
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    • Article
      Lock icon Courts Asia’s Q2 profit plunges 55%; sales up 3.3%
      291 8  -  By NISHA RAMCHANDANI nishar@sph.com.sg RETAILER Courts Asia’s net profit plunged 55 per cent year on year to $7.16 million for the second quarter ended Sept 30. Revenue climbed 3.3 per cent to $222.9 million on higher sales in Singapore, which accounts
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    • Article
      Lock icon ARA Q3 gain up a tad at $20m
      441 8  -  By LISA LEE lisalcc@sph.com.sg ARA Asset Management (ARA) has posted a 2 per cent rise in third-quarter attributable net profits to $20 million on higher Reit management fees. The Reit fund manager said that recurrent net profit rose 14 per cent to
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    • Article
      Lock icon Noble’s Q3 earnings hit by associate Yancoal’s losses
      486 8  -  By sandrea@sph.com.sg ANDREA SOH sandrea@sph.com.sg HIT by losses in its associate, Yancoal Australia, Noble Group saw its third quarter earnings plunge 70 per cent. Net profit for the three months ended Sept 30 stood at US$22.8 million, down from US$75.2 million a
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      119 5 ST i. vlmt: II <V. A-^ />'£// /Jiff. C i v ir—- Wfmif I H W Jm W// Wi 1 //If S if A f Sc. if. vS4. V is.* julfme v^ •■> < I;nrWJgsMi X. J J My/iw ,.Jr t' 1 >'/ f k( S- m d \vu yL^f
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Not-so-Super session for market
      540 6  -  Super Group’s stock tumbles following disappointing Q3 numbers; STI fails to make ascent STOCKS KENNETH LIM kenlim@sph.com.sg Correspondent FOR those not involved in the stockbroking business, a word of advice: Now is not the time to engage in thumb-wrestling with any stock traders. They have been
      Source: Bloomberg  -  540 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 6 Nov 12 VALUE CLOSE BT OB/OS -224.00 -19.00 BT CADI -*****.00 -80.00 BT 10-day MA -*****.00 -22.00 FTSE ST Mid Cap 733.52 -4.42 FTSE ST Small Cap 537.42 -1.91 FTSE ST All Share 772.34 -2.19 FTSE ST China Top 202.37 +0.78 FTSE ST China 230.14 +0.62 FTSE
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 6 2 0 0 0 5 6 2 Manufacturing 35 53 42 4 5 13 39 58 55 Commerce 15 23 22 2 11 0 17 34 22 Tpt/Stor/Comms 10 20 8
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    • Article
      Lock icon BROKERS’ TAKE
      1020 6  -  Compiled by CAI HAOXIANG Wilmar International Nov 12 close: S$3.49 DBS GROUP RESEARCH, Nov 12 WILMAR’S Q3 2013 core earnings came in at US$391 million or 26 per cent above our mid-range forecast. Including a US$24 million gain from the divestment of Fortune Gas Investment Holdings and other
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 21,221 21,221 57,015 57,015 Manufacturing 217,978 37,816 255,794 125,077 931 126,008 Commerce 398,281 226,079 624,360 229,209 22,626 251,835 Tpt/Stor/Comms 91,429 93,448 184,877 91,344 15,089 106,433 Finance 63,708 417 64,125 79,821 160 79,981 Construction 20,013 81,290
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 6 Stock name Close Change CapMallsAsia 1.995 -0.005 CapitaLand 3.020 -0.020 CapitaMall 1.995 CityDev 10.08 +0.010 ComfortDelGro 1.890 -0.010 DBS Grp 16.94 GLP 2.950 -0.030 Genting SP 1.455 +0.025 Golden Agri 0.565 HK Land 6.270 +0.070 HPH Trust US$ 0.715 JMH 52.22 -0.430 JSH 32.30 -0.390 Jardine
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    • Article, Illustration
      Lock icon US$ nears 100 yen on rising bond yields
      414 6 CURRENCIES Reuters [LONDON] The US dollar rose broadly yesterday on higher US government bond yields and growing expectations the Federal Reserve will soon scale back monetary stimulus. A rise in Japanese shares weighed on the yen, which typically falls when investors are
      Reuters; PHOTO: BLOOMBERG  -  414 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 6 VOLUME Sunmoon 202,502,000 Vallianz Hldgs 107,431,000 Sky One 92,777,000 Viking 72,632,000 SIIC Env 60,186,000 YHM 50,907,000 Digiland 50,717,000 Innopac 50,489,000 Otto Marine 49,072,000 Noble Grp 43,095,000 VALUE($) JMH 156,839,544 Noble Grp 46,326,590 CapitaLand 33,873,710 Wilmar 32,440,769 SingTel 31,554,094 OCBC Bk 28,946,267 Genting SP 28,438,270 Keppel Corp 27,284,599
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    • Article
      Lock icon RISES
      108 6 BY CENTS CLOSE UP DBXT MSKorea 10US$ 6213 31.2 0.4 DBXT FTVietnam 10US$ 2433 27.5 0.9 H Royal 320 15.0 4.9 JapanFood 93 12.0 14.8 HK Land 627 8.7 1.1 Goodpack 196 5.0 2.6 DairyFarm 1068 5.0 0.4 Lyxor Cmdty 10US$ 259 5.0 1.6 AP Strat W*****6 16.8 4.8
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    • Article
      Lock icon FALLS
      118 6 BY CENTS CLOSE DOWN Jardine C&C 3500 -116.0 -3.2 SuperGroup 357 -58.0 -14.0 JMH 5222 -53.7 -0.8 JSH 3230 -48.7 -1.2 DBXT FTChina25 10US$ 2907 -41.2 -1.1 GLD 10US$ ***** -31.2 -0.2 Lyxor China H 10US$ 1414 -27.5 -1.5 Lyxor EasternEurope1 515 -25.0 -3.7 DBXT MSMSIA 10US$ 1492 -13.7
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      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
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      68 7 E G E N D S 4. V,; V :v. W m m W:- *> V 5Ss r m PART OF THE TITANIC-DNA STEAMPUNK METAL AUTO EVOKES POWERFUL MECHANICAL INGENUITY. THIS RETRO-FUTURISTIC TIMEPIECE IS SWISS MADE AND CONTAINS STEEL FROM THE WRECK OF THE LEGENDARY OCEANH.INER. www.romainjerome.ch jr 'W ■I
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      241 9 CONGRATULATIONS TO pig tree FIGTREE HOLDINGS LIMITED (Company Registration No. *****5211 G) (Incorporated in the Republic of Singapore on 5 June 2013) On Its Successful Listing on SGX Catalist Figtree Holdings Limited specialises in the design and building of commercial and industrial facilities. As a secondary activity, the Group is
      241 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Havelock hotel site gets top bid of $30.1m
      602 10  -  I Hotel’s offer of $1,303 psf ppr is 6.6% more than next highest bid By ongch@sph.com.sg ONG CHOR HAO ongch@sph.com.sg THE top bid for a plum hotel site at Havelock Road has blown analysts’ expectations out of the water, despite a comparatively
      602 words
    • Article, Illustration
      Lock icon SBF sets up foundation to boost corporate activism
      598 10  -  Federation wants to encourage SMEs to give back to society By LEE U-WEN leeuwen@sph.com.sg THE Singapore Business Federation (SBF) has launched a new foundation arm that it hopes will spur greater corporate activism in the local business community. The SBF Foundation, a
      PHOTO: CAROLINE CHIA/THE STRAITS TIMES  -  598 words
    • Article, Illustration
      Lock icon PowerSeraya sells Tenaga electricity again
      451 10  -  April sale follows first transaction in May to June 2011 By ronnie@sph.com.sg RONNIE LIM ronnie@sph.com.sg SINGAPORE’S second-larg-est genco, YTL PowerSeraya, once again exported electricity “on a short-term basis” to Malaysia’s largest electricity group, Tenaga Nasional (TNB), in April this year, YTL Power International’s executive chairman,
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    • Article
      Lock icon A*Star inks two pacts to boost retail productivity
      387 10  -  By JACQUELYN CHEOK jaccheok@sph.com.sg IF Jan Ho, executive director of Ngee Soon Jewellery, has her way, having two staff members perform daily manual stocktake (sometimes three if there is a discrepancy in numbers) will soon be a thing of the past. The
      387 words
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      24 10 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
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      1776 11 ADVERTORIAL Opening doors to higher education SIM GE graduates are more than able to fulfil their aspirations, with many going on to pursue a Master’s or even a PhD WHAT a difference a little over a decade has made for Tommy Khoo. About 12 years ago, he fared so poorly
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Johor plans 2% levy on foreign property buyers
      580 12  -  Amount will be more than double the fee foreigners pay on units valued at RM1m and up By PAULINE NG By in Kuala Lumpur JOHOR is planning to impose a 2 per cent levy on foreign buyers across all segments of the
      FILE PHOTO  -  580 words
    • Article
      Lock icon BI raises key rate again to shore up ailing rupiah
      412 12 Bloomberg [JAKARTA] Indonesia’s central bank unexpectedly raised its benchmark interest rate as policymakers intensify efforts to narrow a current-account deficit that has weighed on the rupiah. Governor Agus Martowardojo and his board increased the reference rate by 25 basis points
      Bloomberg  -  412 words
    • Article
      Lock icon Petronas Q3 profit up 16% at RM14.47b
      281 12 Reuters [KUALA LUMPUR] Malaysia’s state oil firm Petroliam Nasional (Petronas) posted a 16 per cent rise in third-quarter net profit, helped by higher demand for crude oil and a return to production in South Sudan. Net profit in the July to September period
      Reuters  -  281 words
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      528 12 A DE LTA FLY TO THE BIG APPLE AND THE WEST COAST ON BUSINESS ELITE FROM S$6,177 Enjoy the comfort of flying on our 180-degree full flat-bed seats with direct aisle access on BusinessElite®. Book at delta.com or call Delta Reservations 24/7 at 6336 3371 to enjoy these special fares.
      528 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon China loans weaker than expected
      574 13 Aggregate financing plunges to 856.4b yuan from 1.4t yuan in Sept Bloomberg [BEIJING] China’s broadest measure of new credit fell by more than estimated in October, suggesting that the authorities are trying to keep shadow-finance risks in check as leaders map out a blueprint to
      Bloomberg  -  574 words
    • Article, Illustration
      Lock icon India’s Oct trade deficit jumps to US$10.56b
      349 13 Reuters [NEW DELHI] India’s trade deficit jumped in October, rebounding from a 2-1/2 year low the previous month, as purchases of gold picked up ahead of the festival season, provisional government data showed on Monday. Last month’s deficit stood at US$10.56 billion, compared
      Reuters; PHOTO: REUTERS  -  349 words
    • Article
      Lock icon China developers’ US$ bond sales more than double
      483 13 Bloomberg [SHANGHAI] Chinese developers’ sales of dollar bonds more than doubled this year, reflecting confidence that the government would tolerate a sustained property boom as home prices climb at the fastest pace since January 2011. The companies sold US$17.88 billion of the
      Bloomberg  -  483 words
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      312 13 www.kia.com The all-new Simply unrivalled First-in-class features: Integrated memory ventilated driver's seat A feature commonly found only in luxury cars, it remembers your seating position and keeps you cool even when it's hot outside. Drive your way as the unique Flex Steering offers3 steering modes (comfort, normal and sport) to
      312 words
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  • WORLD
    • Article, Illustration
      Lock icon Khamenei’s business empire estimated to be worth US$95b
      519 14 Re uters [LONDON] Iran’s supreme leader Ayatollah Ali Khamenei controls a business empire worth around US$95 billion a sum exceeding the value of his oil-rich nation’s current annual petroleum exports a six-month Reuters investigation shows. A little-known organisation called Setad is one
      Reuters  -  519 words
    • Article
      Lock icon ICBC joins the ranks of too-big-to-fail banks
      715 14 It’s the sole newcomer in updated list of the systemically important Bloomberg [NEW YORK] The Industrial Commercial Bank of China (ICBC) has been added to the list of too-big-to-fail banks as global regulators revised the roster of lenders that must hold extra capital
      Bloomberg  -  715 words
    • Article, Illustration
      Lock icon Second round of US spending cuts to hurt more
      798 15 Budget talks set to resume this week unlikely to bear fruit, say observers AP [WASHINGTON] The United States faces a second roun d o f au t oma ti c across-the-board spending across-the-board spending cuts by Jan 15 next year that
      AP; PHOTO: BLOOMBERG  -  798 words
    • Article
      Lock icon Japan consumer confidence down in Oct
      287 15 Bloomberg [TOKYO] Japan consumer confidence dropped the most in October since a record earthquake in 2011, showing the challenges Prime Minister Shinzo Abe faces in sustaining a recovery in the world’s third biggest economy. A sentiment index unexpectedly fell 4.2 points to 41.2, with
      Bloomberg  -  287 words
    • Article, Illustration
      Lock icon US seen nearing energy self-sufficiency by 2035
      756 16 Country on course to be world’s largest oil producer thanks to shale output: IEA Bloomberg [LONDON] The United States will be close to energy self-sufficiency in the next two decades as booming output from shale formations puts it on course to be the
      Bloomberg; PHOTO: REUTERS  -  756 words
    • Article
      Lock icon Energy turmoil threatens EU, Japan industries
      299 16 AFP [PARIS] Energy markets are in upheaval, and new price differences will hit industry in Europe and Japan, endangering their shares of global trade in en-ergy-intensive goods, the IEA forecast yesterday. Their shares of global exports of goods made with heavy consumption of energy
      AFP  -  299 words
    • Article, Illustration
      Lock icon Yellen set for confirmation as Fed chairman
      546 16 WP [WASHINGTON] This is the week. After months of ups and downs over whether she would be named chairman of the Federal Reserve, Janet Yellen faces the Senate banking committee tomorrow for her confirmation hearing. It is a crucial test. Ms Yellen’s qualifications
      WP  -  546 words
    • Article
      Lock icon Global economy sustained by easy-money policies
      916 18 But critics, analysts warn against risks of a market crash, runaway inflation AP [WASHINGTON] Five years after a global financial crisis erupted, the world’s biggest economies still need to be propped up. They’re growing and hiring a little faster and creating more jobs, but
      AP  -  916 words
    • Article, Illustration
      Lock icon Losses from Haiyan estimated at US$12-US$15b
      578 18 Typhoon seen worse for Philippines than Sandy was for US WP [NEW YORK] Destruction from Typhoon Haiyan, which flattened buildings and unleashed storm surges that may have killed 10,000 people, could be several times worse for the Philippines economy than superstorm Sandy was for
      WP; PHOTO: AP  -  578 words
    • Article
      Lock icon Philippines caught in cycle of disaster and underdevelopment
      498 18 WP [WASHINGTON] Geography has not been kind to the Philippines. With six to nine typhoons making landfall every year, almost 900 earthquakes annually including the one that hit the island of Bohol, killing more than 200 people just last month and more
      WP  -  498 words
    • Article, Illustration
      Lock icon One-million jobs gap in GCC risks more unemployment, warns IMF
      395 19 It calls for measures for creating further employment in the private sector Bloomberg [DUBAI] One million nationals of oil-rich Gulf Arab states may be jobless or seek careers in a bloated public sector by 2018 unless measures are taken to
      Bloomberg; PHOTO: AFP  -  395 words
    • BRIEFING
      • Article
        Lock icon UK inflation falls to 2.2%, lowest in a year
        142 19 AP [LONDON] Official figures say inflation in Britain fell to 2.2 per cent in October, its lowest level in more than a year, thanks in part to a sharp drop in gas prices. The Office of National Statistics reported Tuesday that
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        Lock icon IMF to Thailand: End costly rice subsidies
        96 19 AP [BANGKOK] The International Monetary Fund has called on Thailand to drop its multibillion dollar subsidies for rice growers, saying the programme is undermining confidence in the country’s finances. The IMF says Tuesday in its annual review of Thailand’s economy that losses in
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        Lock icon Christie’s US$44m record for luxury watches
        114 19 AFP [GENEVA] Christie’s raised a world record US$44 million for luxury watches in a two-day sale, the auction house said on Tuesday. The star earner of the collection was a pink gold Patek Philippe watch that fetched US$2.1 million, Christie’s said in a statement.
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    • Article
      Lock icon Staff exodus at UK financial regulator doubles since split
      425 19 Reuters [LONDON] Staff have been quitting Britain’s financial watchdogs at nearly twice the rate since they were split into two bodies this year, data seen by Reuters shows, at a time when experts warn of a regulatory brain drain in Europe’s
      Reuters  -  425 words
  • Page 14 Advertisements
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      1314 14 WATS NOTICES MICLYN OFFSHORE PTE. LTD. (COMPANY REGISTRATION NO. *****5283H) NEWSPAPER NOTICE Notice is hereby given pursuant to Sections 76(10)(h) and 76(12) of the Companies Act, Chapter 50 of Singapore (the “Companies Act”), that at an Extraordinary General Meeting of Miclyn Offshore Pte. Ltd.(the “Company”) deemed to have been duly
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      1339 14 MALDIVES FISHERY PTE LTD (COMPANY REGISTRATION NO. *****4411N) MICLYN SHIPBUILDING ENGINEERING PTE. LTD. (COMPANY REGISTRATION NO. *****3485W) MICLYN SUPPLY CHAIN MANAGEMENT PTE. LTD. (COMPANY REGISTRATION NO. *****1383C) (each individually referred to as the “Company”) NEWSPAPER NOTICE Notice is hereby given pursuant to Sections 76(10)(h) and 76(12) of the Companies Act,
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      648 14 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices UBAM SICAV 287-289, route d’Arlon, L 1150 Luxembourg R.C. Luxembourg N° B 35.412 The Shareholder of UBAM were convened to an Extraordinary General Meeting which was held on 22 nd October 2013 at the registered office of the Company and no quorum has been
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      133 15 S1AS Choice Awards Raikik Him tn? knife rte ltd n Winner of Best Retail Broker Award 2013 Thanks to your support, we have been awarded Best Retail Broker for 2013. From delivering the best mobile phone platform to putting the latest trading information at your fingertips, you are what motivates
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      415 15 Religare Health Trust (Registration Number *****06) (a business trust registered under the Business Trusts Act. Chapter 31A of Singapore) Notice of Books Closure Date Payment Date for Distribution for the Period from 1 April 2013 to 30 September 2013. Notice is hereby given that the Transfer Books and Register of
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      1295 16 wt [«;AT3 NOTICES CUIG MARITIME PTE LTD (COMPANY REGISTRATION NO. *****2939G) MEO INVESTMENTS PTE. LTD. (COMPANY REGISTRATION NO. *****7135E) MEO SERVICES PTE. LTD. (COMPANY REGISTRATION NO. *****5171G) (each individually referred to as the “Company”) NEWSPAPER NOTICE Notice is hereby given pursuant to Sections 76(10)(h) and 76(12) of the Companies Act,
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      1325 16 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices MICLYN EXPRESS OFFSHORE PTE. LTD. (COMPANY REGISTRATION NO. *****6761W) NEWSPAPER NOTICE Notice is hereby given pursuant to Sections 76(10)(h) and 76(12) of the Companies Act, Chapter 50 of Singapore (the “Companies Act”), that at an Extraordinary General Meeting of Miclyn Express Offshore Pte. Ltd.
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      142 17 am CONGRATULATIONS TO OUR ASSOCIATE COMPANY Fig tree FIGTREE HOLDINGS LIMITED (Company Registration No. *****5211G) (Incorporated in the Republic of Singapore on 5 June 2013) On Its Successful Listing on SGX Catalist Figtree Holdings Limited specialises in the design and building of commercial and industrial facilities. As a secondary activity,
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      1716 18 WATS NOTICES AIRMAT SINGAPORE PTE LTD (COMPANY REGISTRATION NO. *****4367M) ENTRONS (SINGAPORE) PTE LTD (COMPANY REGISTRATION NO. *****5854Z) GIRINO ENTERPRISE PTE LTD (COMPANY REGISTRATION NO. *****0997K) KEN-MOK ENGINEERING FABRICATORS PTE LTD (COMPANY REGISTRATION NO. *****3906M) KOLETH (S) PTE LTD (COMPANY REGISTRATION NO. *****2268C) OFFSHORE CHARTERS PTE LTD (COMPANY REGISTRATION NO.
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      49 19 From now till end of January 2014 of tantalising appetisers, hand-made pastas and desserts featuring these highly prized and aromatic mushrooms. For reservations, please call +65 6431 6156 or email dining.singapore@fairmont.com. Level 1, 80 Bras Basah Road, Singapore *****0 Tel: +65 6339 7777 Fax: +65 6337 1554 singapore@fairmont.com fairmont.com/singapore
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  • KAZAKHSTAN-SINGAPORE: 20 YEARS
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      Lock icon Official visit builds on good ties
      1161 20  -  Singapore’s Second Minister for Foreign Affairs Grace Fu meets her counterparts in Astana as both nations celebrate the 20th anniversary of the establishment of diplomatic relations this year, reportsVINCENT VINCENT WEE THE continuing good relations between Singapore and Kazakhstan were further strengthened with the
      PHOTO: MFA  -  1,161 words
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      Lock icon S’pore keen to boost economic relations with Kazakhstan
      784 21  -  Second Minister for Foreign Affairs Grace Fu highlights the importance of trade to both countries in their respective regions, suggests areas where both can build on their good relations. Stories by Vincent wee Stories byVINCENT byVINCENT WEE SINGAPORE’S good relations with Kazakhstan
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      Lock icon Surbana well-placed to help Kazakhstan develop
      702 21 SINGAPORE international consultancy Surbana was part of the successful trip made by Second Minister for Foreign Affairs Grace Fu to Kazakhstan last month. It signed three Memoranda of Understanding (MOUs) with Kazakhstan’s Ministry of Regional Development, further strengthening bilateral relations between the two countries.
      702 words
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      188 20 ik.' .1 WHAT KIND O WORLD WOULD OUR CHILDREN INHERIT? We do not inherit the earth from our forefathers; we merely borrow it for our children. In the wake of the escalating energy crisis, the world must join hands to take a look at the way we consume resources and
      188 words
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      80 21 A World Without Conflict Begins With Dialogue Words are mightier than swords. Initiated by the Republic of Kazakhstan in 2003, the First Congress of Leaders of World and Traditional Religions in Astana sowed the seed of worldwide interethnic and interfaith harmony. The fourth Congress, which took place in Astana last
      80 words
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  • EDITORIAL & OPINION
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      Lock icon Transport fare changes for the social good
      445 22 EDITORIAL THE public transport fare changes announced in Parliament earlier this week should cause many Singaporeans to sit up and take notice as they were influenced by social factors as much as, if not more than, economic considerations. For one thing, there was
      445 words
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      Lock icon China denial of press visas amounts to trade violation
      776 22  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 THE US and China are negotiating a bilateral investment treaty. Economic issues come up regularly in the annual Strategic and Economic Dialogue.
      776 words
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      Lock icon Is the euro eroding European unity?
      1144 22  -  As global financial crisis fades, EU’s troubles persist, exacerbated by fissures of eurozone By DANNY HAKIM NYT EUROPE’S slow emergence from its second recession in the last five years is raising new questions about whether the euro currency is doing more harm than good.
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      Lock icon Opportunity awaits takers in Africa
      1142 23  -  Firms from Asian economies have unique advantage given recent experience of developing-to-developed-nation journey By VENKATRAMANI SRIVATHSAN The writer is Olam International managing director, Africa Middle East I COULDN’T help coming out of a conference in Singapore recently thinking that Africa’s investment “welcome mat” may today
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      Lock icon Ocean governance needed to heal the high seas
      724 23  -  By ANDRÉS VELASCO The writer, a former finance minister of Chile, is a visiting professor at Columbia University Project Syndicate THE world’s oceans are in trouble. In late September, the Intergovernmental Panel on Climate Change reported that the oceans are warming, seawater
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  • Transport HUB
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      Lock icon Another accident waiting to happen
      956 24  -  STRAIT TALK By DAVID HUGHES SMALL ferry safety is an issue that has been covered by this column a good few times over the years. Unfortunately, while I was on holiday in Thailand a couple of weeks ago, I had some sobering reminders that this
      956 words
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      Lock icon Tanker hijackings raise piracy concerns in seas around S’pore
      473 24 Insurance premiums could rise if there are more attacks Reuters [SINGAPORE] Two tanker hijackings in about a month in the South China Sea and Malacca Strait, a route for about a quarter of sea borne oil trade, have fuelled fears piracy
      Reuters  -  473 words
    • Article, Illustration
      Lock icon Hapag-Lloyd Q3 profit down 64% on weak freight rates
      280 24 Bloomberg [HAMBURG] Hapag-Lloyd has said that third-quarter profit fell almost 64 per cent as Europe’s fourth-larg-est container-shipping line confronted low peak-sea-son freight rates. Net income dropped to 16.6 million euros (S$27.8 million) from 45.6 million euros a year earlier, the Hamburg-based
      Bloomberg; BLOOMBERG FILE PHOTO  -  280 words
    • Article
      Lock icon Tanker investments up, thanks to surge in US fuel exports
      496 24 Bloomberg [LONDON] Blackstone Group, the world’s largest manager of alternative assets, as well as billionaires Wilbur Ross and John Fredriksen, are amassing tanker fleets to tap America’s surging fuel exports. Blackstone’s Tactical Opportunities Fund has invested “several hundred million dollars”
      Bloomberg  -  496 words
  • Page 24 Advertisements
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      141 24 ASIA WEST AFRICA TRADE AGREEMENT (AWATA) NOTICE OF 2013 December RATE RESTORATION In order to ensure that the Members Lines are able to continue to provide the service necessary to meet the needs of their customers, the Members Lines of the Asia West Africa Trade Agreement have decided to implement
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      53 24 FOR SALE Prime Good Class Bungalow MT ECHO PARK Freehold •Site area: 15,116 sqft Flat and rectangular shape land Rebuild or A&A Panoramic view Further enquiries, kindly contact K.H. Tan @*****348 Joanne Lai *****025 Closing date: 15 Nov 2013 (Friday) at 5pm Newsman Realty Pte Ltd Lie. Ho: L*****29F CEA
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      17 24 SOHO China to sell three projectsin Shanghai SOHO Hi To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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  • TRANSPORT HUB: AVIATION
    • Article
      Lock icon Few takers for technology that allows onboard telephone calls
      497 25 Airlines more focused on etiquette standards and noise levels Bloomberg [WASHINGTON] As the business jet climbs past 10,000 feet, Gogo Inc’s onboard wireless network latches onto the Internet, and digital addicts fire up their smartphones. Fingers fly across keypads on this
      Bloomberg  -  497 words
    • Article, Illustration
      Lock icon Boeing, workers may compromise
      567 25 Reu ters [NEW YORK] Boeing’s biggest union rallied against a proposed labour contract on Monday, calling the offer “destructive and divisive” and vowing to reject it at the ballot box today. But union members risk losing years of work and thousands of jobs producing Boeing’s next
      Reuters; PHOTO: AP  -  567 words
    • Article
      Lock icon Latam Airlines turns around as margins improve
      460 25 It posts US$52m Q3 profit after US$49m loss a year earlier Reuters [SANTIAGO] Latam Airlines swung to a net profit for the third quarter and improved its operating margin in a sign the region’s biggest airline, battered by weakness in its Brazilian market,
      Reuters  -  460 words
    • Article
      Lock icon Flybe to cut 500 more jobs after swinging to profit
      373 25 Reuters [LONDON] Flybe Group plc, operator of Europe’s largest regional airline, said on Monday it would cut another 500 jobs, mainly in the UK, after deep cost cuts helped it post its first half-year profit in two years. The company,
      Reuters  -  373 words
    • Article
      Lock icon TRANSPORT STOCKS
      235 25 SGX '000 Nov 12 S$ +/-Vol Ch Offshore 0.41 -0.01 23 Chuan Hup Hldg 0.26 0.01 93 Nov 12 Cwt Limited 1.26 -0.03 753 First Ship Lea Ch Offshore Freight Links -0.01 Grand Banks 0.23 unch 203 Jaya Hold Ltd 0.69 0.01 1734 K1Ventures 0.20 unch 2352 Keppel
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  • Page 25 Advertisements
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      64 25 16 18 July 2014 Marina Bay Sands, Singapore VS2 yrrlK ASIA www.OfncExpoAsia.com Singapore’s finest dedicated event for total office and business solutions Be involved. Exhibit with Us. Email: OEA@bizlink.com.sg Tel: (65) 6848 5938 Organised By: BIZLINK Exhibition Services Pte Ltd A SUBSIDIARY OF SjSl Blk 8 Lorong Bakar Batu, #07-07
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      147 25 k uc Smart Learning for the Future of Asia AEX-SEAMEO RELC CONFERENCE 2013 21 November 2013 Singapore EXPO Hall 2 9am 4pm S$180 nett (1 day pass is valid from 9am 5pm and permits entries at other conference sessions) New Pathways to Knowledge in Asia Today The education landscape is
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  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      337 25 CRYPTIC CROSSWORD Across 1 Seriously funny remark (6,5) 9 One leaving ring with a cut (5) 10 Boring outcome addled trio likes (3,6) 11 Waiter is ace carving into joint before start of dinner (6,1) 12 Crooked evil leer causing alarm (8) 14 Deny detective’s professional and extremely virile (8)
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  • TRANSPORT HUB: LAND
    • Article, Illustration
      Lock icon Nissan bringing luxury brand Infiniti to Japan
      541 26 First model, to be sold as Skyline, will be hybrid version of flagship Q50 sedan Bloomberg [TOKYO] Nissan Motor Co will start selling Infiniti cars in Japan for the first time, 24 years after the luxury brand was born in the US, as
      Bloomberg; PHOTO: BLOOMBERG  -  541 words
    • Article, Illustration
      Lock icon Hyundai’s CTO quits over record recalls
      614 26 Bloomberg [SEOUL] Hyundai Motor Co’s chief technology officer resigned after record recalls this year threatened to undermine the South Korean automaker’s reputation for reliability. Kwon Moon Sik, who was president of the research and development division, quit on Monday along with two other executives,
      Bloomberg; PHOTO: REUTERS  -  614 words
    • Article
      Lock icon India car sales seen falling in current year
      272 26 High interest rates, slowing economy affecting purchases Reu ters [NEW DELHI] Car sales in India are expected to fall in the current financial year that ends in March, an industry body said, marking a second straight year of decline, as high interest
      Reuters  -  272 words
  • Page 26 Advertisements
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      32 26 BUY, SELLS OR RENT. st :ars At STCars.sg, your ideal car isn't hard to find. Browse over 25,000 listings of new, used rental cars, commercial vehicles. f STCars.SG play AppStore O STCARS
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      132 26 m Myanmar Civil Aviation Development Conference 2014 24 26 March ***** Yangon, Myanmar Group booking is available too! Enjoy up to 20% discount* if you sign up in groups of 3 or 6. Terms and conditions apply To register, visit www.mcadc.sphereconferences.com or contact Jiahui at jiahui@sphereconferences.com or +65 6848 5378
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      22 26 SINGAPORE’S HIT MUSIC STATION •■<35 ■STOP HIT MUSIC WITH J J WEEKDAYS 10 AM-4 PM M fM 913 D facebook.com/hotfmsg @hotfmsg www.hotfm.sg
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      51 26 LUXE WEDDINGS 2013 A glittering showcase of the latest bridal collections, fine jewellery and beautiful wedding ideas. DATE: NOV 17, 2PM-5PM VENUE: HILTON SINGAPORE REGISTRATION FEE: $38 To RSVP, e-mail your particulars to magfemalebrides_promo@sph.com,sg before Nov 15. WIN A ROMANTIC HONEYMOON AT CONRAD MALDIVES OR HILTON PATTAYA, WORTH OVER $10,000!
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  • Article
    Lock icon SHIPPING TIMES
    2400 27 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
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  • Page 27 Advertisements
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      43 27 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES Shipping Times
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      17 27 USE THIS SPACE TO SELL CALL JOE WONG AT *****327 TO ADVERTISE The Business Times Shipping Times
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  • Page 28 Advertisements
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      184 28 mporters ooking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 I USE THIS SPACE TO SELL CALL JOE WO IMG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES Shipping Times FREIGHT FORWARDER urgently needed by shippers Can they find
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3157 29 Transaction date: Nov 12 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last AAT Vol Day Last Quote ('000) High Low Buyer Seller 11.5 7 AEM C'vr 188 106 AIMSAMPIReit 152.5
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      Lock icon SGX CATALIST
      214 30 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 Net M Cap High Low Company Sale ('000) High Low Buyer Seller C'vr P/E Smil 3./
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    • Article
      Lock icon UNIT TRUST & FUNDS
      11065 30 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FuncTCl A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** Asian Local Ccy SD Bond Aberdeen Asset Mgt Asia Limited American Opp 0.9297/ Global Emerging Markets!** EM Local Ccy Bond 0.89b 1 European Opportunities 1 1 2685/
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      Lock icon GLOBALQUOTE
      262 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 61 27 AVJennings A56.5 unch 9 56.5 55.5 56 58.5 3.6 6.2 4.6 209.2 52 31 Genting HK US$ US41 -1 8466 42 41 41 41.5 2699.7
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      Lock icon SGX ETF
      854 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 125 107.1 ABF SG Bond ETF Last 143 125 CIMB APAC Div 100S$D 129 128.4 129.3 114.4 99.2 CIMB APAC Div 100US$ US103.6 102.7 103.4 10.9
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      670 31 Nov 12 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.87 *****.68 *****.21 Dec13 *****.00 *****.00 *****.00 *****.00 *****9 *****3 Mar14 *****.00 *****.00 *****.00 *****.00 2 341 MSCI TAIWAN INDEX FUTURES SPOT 290.06 290.67 288.23 Nov13 288.60 290.60 288.10 289.80 ***** *****3 Dec13 288.50
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 31 In local curr In S$ In US$ dy yr dy yr dy yr Nov 11 Index Change Change Change Change Change Change World Preliminary 1143.0 0.2 21.8 0.4 22.3 0.3 19.6 EAFE Preliminary 930.4 0.5 20.1 0.7 18.3 0.6 15.7 Europe Preliminary 1340.9 0.5 16.9
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    • Article
      Lock icon INTERBANK CROSS RATES
      471 31 Nov 12 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.978 5.685 0.697 7.234 59.255 108.006 0.930 9.999 2.993 1.133 100.304 40.846 1.165 9.711 0.860 27.620 29.444 0.585 0.933 Canada 1.022 5.811
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    • Article
      Lock icon SIBOR
      40 31 Nov 12 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) (S$) 3 mths ..0.***** 3 mths Source: Thomson Reuters
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      Lock icon GOVERNMENT SECURITIES
      86 31 Nov 12 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****A 16-May-14 0.28 1-Year BY*****T 31-Oct-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.89 5-Year N*****0T 0.5 01-Apr-18 99.51 99.75 99.60 10-Year NX*****H
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    • Article
      Lock icon PRECIOUS METALS
      135 31 Nov 12 GOLD(US$/oz) Oct 12 Nov 11 Hong Kong 1287.00 1290.00 Nov 11 Nov 08 London 1282.20 1284.95 1283.00 1285.75 Source: Thomson Reuters CAST BAR Nov 12 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 116 51 5gm 329 257 10gm 588 514
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    • Article
      Lock icon PALM OIL
      58 31 Nov 12 Nov KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 13 2540.0 2532.0 2589.0 2540.0 125 2246 Dec 13 2525.0 2530.0 2602.0 2506.0 604 9399 Jan 14 2523.0 2528.0 2604.0 2506.0 ***** ***** Feb 14 2525.0
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      Lock icon INTERBANK CURRENCY RATES
      155 31 Nov 12 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1648 1.1658 0.9329 0.9333 Canadian dollar 1.1908 1.1914 0.9538 0.9537 Euro 1.6711 1.6722 1.3384 1.3387 NZ dollar 1.0277 1.0288 0.8231 0.8236 Sterling pound 1.9909 1.9923 1.5945 1.5950
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    • Article
      Lock icon CHICAGO BOT
      109 31 Nov 11 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 13 1308.00 1306.00 1312.00 1296.00 Jan 14 1301.00 1296.00 1304.75 1288.25 Mar 14 1281.75 1276.75 1285.00 1268.75 May 14 1262.50 1258.00 1265.75 1249.25 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 13
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      Lock icon LIFFE
      95 31 Nov 11 COCOA (£/tonne) Close Prev High Low Dec 13 1659 1697 1692 1647 Mar 14 1665 1708 1703 1659 May 14 1665 1707 1700 1658 Jul 14 1663 1705 1697 1657 COFFEE(US$/tonne) Close Prev High Low Nov 13 1488 1466 1488 1488 Jan 14 1498 1476 1509 1461
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      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1150 31 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 16.8 4.8 8 0.0 5 -77 56 Asia-Pacific Strategic W*****6 0.4 0.2 22 1 123 474 53.75 6 Conv Albedo Limited W*****9 Exer Ascendas Reit MB ECW*****3 Prem
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      Lock icon CRUDE OIL & PRODUCTS
      70 31 CRUDE OIL PRODUCTS Nov 11 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 105.85 1.36 WTI (Near Mth) 95.16 0.75 Dubai (1-Mth F) 102.35 0.94 Tapis blend 110.28 2.00 Minas 104.48 2.00 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.11 2.05 Jet Kerosene 120.27 0.85 US$/barrel OpecOil Basket
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      Lock icon US$/S$ FORWARD RATES
      22 31 Nov 12 S$ Bid Offer 1-month 1.2486 1.2491 2-months 1.2485 1.2490 3-months 1.2485 1.2490 6-months 1.2481 1.2487 Source: OCBC
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      Lock icon LONDON METALS
      65 31 Nov-11 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1763.00 1771.25 3 months 1809.00 1815.00 Copper, Grade A(US$/tonne) Cash 7167.50 7166.25 3 months 7173.00 7167.50 Lead(US$/tonne) Cash 2107.50 2121.75 3 months 2127.50 2140.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
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      Lock icon FOREIGN CURRENCY NOTE RATES
      121 31 As at 9am Nov 12 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.193 1.137 Can dollar 1.214 1.168 Euro 1.712 1.631 Sterling pound 2.033 1.955 NZ dollar 1.054 1.014 US dollar 1.273 1.213 Local dollars to 100 units of foreign
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      221 32 Should we rent out our unit? We can fetch up to a five figure amount every month. Guess what I found out? Mr Urn from the 11th floor just sold his unit for over 9 million! Did you know that a unit in our condo that was sold this year
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      493 33 NOTICE OF BOOKS CLOSURE AND PAYMENT DATE FOR DISTRIBUTION For the period from 10 June 2013 to 30 September 2013 a-htrush ascendas hospitality trust A stapled group comprising: ASCENDAS HOSPITALITY BUSINESS TRUST (a business trust constituted on 13 March 2012 under the laws of the Republic of Singapore) managed by
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