The Business Times, 4 April 2014

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Microfilm: NL33108
Total Pages: 69
1 32 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 SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Friday, April 4, 2014G
    25 words
  • Article, Illustration
    Lock icon NEW JEWEL IN HIS CROWN
    76 1 ACTING Minister for Manpower Tan Chuan-Jin presenting the Businessman of the Year award to Sam Goi, executive chairman of Tee Yih Jia Group, last night. The Popiah King left guests in stitches with his speech on how he took his square-shaped popiah skins around the
    ARTHUR LEE  -  76 words
  • Article, Illustration
    Lock icon Penny stock investigations widen
    776 1  -  More than 10 top execs from seven firms, several subsidiaries being probed for possible breaches of Securities and Futures Act CAD PROBE By ANITA GABRIEL, KENNETH LIM anitag@sph.com.sg kenlim@sph.com.sg [SINGAPORE] A day after the Republic’s white-collar fraud fighters swooped into the offices of three Singa-pore-listed firms,
    BT Graphics; Compiled by BT based on SGX announcements and annual reports  -  776 words
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      202 1 COMMENTARY Tomorrow’s biggest global risk drinking water PAGE 26 PROPERTY BT Property Classifieds PAGES 28-29 COMPANIES Asia-Pac M&A hits highest Q1 value since 2001: report PAGE 5 WTA EVENT SC Global to be presenting sponsor PAGE 10 EXECUTIVE LIFESTYLE Waxing lyrical over vinyl’s revival IPAGE 40 The specialist collector’s auctioneer
      202 words
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      1 1 8"*****1"*****4
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  • TOP STORIES
    • Article, Illustration
      Lock icon Sunshine beyond penny lane
      750 2  -  LionGold among biggest losers as penny stocks tumble CAD PROBE B)’ KENNETH LIM kenlim@sph.com.sg [SINGAPORE] Penny stocks took a hit yesterday in reaction to a sweeping police investigation into last October’s penny collapse, but the damage appeared contained with larger stocks relatively unscathed. “We’re just viewing
      Source: Bloomberg  -  750 words
    • Article, Illustration
      Lock icon Singapore pay hikes to stay conservative: poll
      493 2  -  By LEE U-WEN leeuwen@sph.com.sg [SINGAPORE] Salary hikes in Singapore are likely to remain conservative, even as pressing issues such as a shortage of skills and staff turnover continue to persist in the coming year. So says a new report on the salary and
      BT Graphics; Source: Michael Page  -  493 words
    • MARKETS DIGEST
      • Article
        Lock icon FOREX
        65 2 GST INDEX 3,220.06 (+27.28) GST INDEX FUTURES 3,193.00 (+27.00) GSIMSCI 363.76 (+3.31) GSIMSCI FUTURES 361.70 (+4.20) US$ S$ US$ (S$ per US$) 1.263 (US$/S$ per 1.664 2.101 EURO (US$/S$/€ 1.376 1.738 Foreign currency per US$ S$ YEN 103.90 82.30 RM 3.281 2.598 HK$ 7.757 6.144 BAHT 32.49 25.73 RUPIAH
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      • Article
        Lock icon MARKETS
        48 2 Thursday Change KL COMP 1,855.63 +3.63 NIKKEI 225 15,071.88 +125.56 HANG SENG 22,565.08 +41.14 SET INDEX 1,391.22 -5.40 JAKARTA COMP 4,891.32 +21.11 MANILA COMP 6,587.08 -0.64 SEOUL COMP 1,993.70 -3.55 SHENZHEN B 833.93 -0.10 MUMBAI IND 22,509.07 -42.42 12noon EDT Change DOW 16,554.70 -18.30 NASDAQ 4,248.75 -27.70
        48 words
      • Article
        Lock icon PRIME RATES
        21 2 SINGAPORE 5.35 HONG KONG 6.55 HONG KONG 5.00 JAPAN 15.342 TAIWAN 5.036 JAPAN CANADA KOREA 9.33 BRITAIN Source: Bloomberg
        21 words
    • Article, Illustration
      Lock icon ‘It’s not about replacing foreign with local workers’
      766 2  -  Chuan-Jin: Economic revamp means same or more output with less labour By ANDREA SOH sandrea@sph.com.sg [SINGAPORE] The labour market here is certain to remain tight, and will become tighter as previously announced measures come into effect. Firms must therefore continue to improve
      PHOTO: ARTHUR LEE  -  766 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      481 2 Penny stock investigations widen WHITE-COLLAR fraud fighters cast the net wider as they delved deeper into possible trading irregularities in three battered penny stocks. FRONT PAGE ‘It’s not about replacing foreign with local workers’ THE labour market here is certain to remain tight and firms must continue to
      481 words
    • Article
      Lock icon Beijing’s latest stimulus plan still targeting growth
      702 4  -  Measures serve to reassure markets, ensure that growth does not fall below the 7% threshold By VIRGINIE MANGIN in Beijing CHINA’S State Council on Wednesday unveiled a new stimulus package aimed at supporting the country’s flagging economy, in a sign that Beijing’s focus
      702 words
    • Article, Illustration
      Lock icon Capitol Singapore making good progress
      581 4  -  By LYNETTE KHOO lynkhoo@sph.com.sg [SINGAPORE] Capitol Singapore, a luxury integrated project that sits on a landmark site, is making big strides towards completion since its ground-breaking two and a half years ago. Its iconic attraction, Capitol Theatre, will re-open its doors in April next year
      PHOTO: LIANHE ZAOBAO  -  581 words
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      25 2 One man’s junk is another man’s treasure Shop second-hand or sell your possessions in CLASS 162 To advertise, call the Print Classified Hotline: 1800-289 9988
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      35 3 QUEEN’S PARK BAKERLOO LINE ZONE 2 1 MIN PADDINGTON HEATHROW EXPRESS 7 MINS OXFORD CIRCUS BOND STREET 14 MINS EUSTON St PANCRAS EUROSTAR 14 MINS HEATHROW TERMINALS 1 3 22 MINS CEA Licence No. L*****88B
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  • COMPANY NEWS
    • Article
      Lock icon Asia-Pac M&A hits highest Q1 value since 2001: report
      557 5  -  Temasek’s purchase of AS Watson stake third largest deal in Q1 this year By MALMINDERJIT SINGH msingh@sph.com.sg THE first three months of this year saw the highest first quarter mergers acquisitions (M&A) activity in the Asia-Pacific region (excluding Japan) in deal
      557 words
    • Article
      Lock icon XMH unit ordered to pay $3.47m in damages to Pacific Marine
      347 5  -  BY MALMINDERJIT SINGH msingh@sph.com.sg A SUBSIDIARY of XMH Holdings has been ordered by the Singapore High Court to pay S$3.47 million in damages to Pacific Marine Shipbuilding for supplying it with defective parts. The marine engine and generator distributor
      347 words
    • Article
      Lock icon Securities trading down 25% to $23.9b in March
      471 5  -  By MALMINDERJIT SINGH msingh@sph.com.sg SECURITIES trading on Singapore Exchange (SGX) extended its decline, falling 25 per cent from a year earlier to $23.9 billion in March, after a 35 per cent decrease the previous month. Daily average value of trading fell 29
      471 words
    • Article
      Lock icon Noble shares continue to ride on deal with Cofco
      651 7  -  Counter jumps 10% in 2 sessions to pass $1.30, a level last seen in Oct 2012 By ANGELA TAN angelat@sph.com.sg SHARES in Singapore-list-ed Noble Group extended their gains yesterday, a day after the Hong Kong-based commodities group said it would sell
      651 words
    • Article
      Lock icon Blackstone, Carlyle said to be eyeing Goodpack
      286 7 Reuters [HONG KONG] Blackstone Group and Carlyle Group are considering a bid for Singapore’s Goodpack Ltd, people familiar with the matter told Reuters, eyeing the container maker a few weeks after its takeover talks with Australian pallet maker Brambles ended. Blackstone and Carlyle
      Reuters  -  286 words
    • Article
      Lock icon Sinopec’s US$5b bond issue Asia’s biggest in a decade
      567 7 70% of three-year fixed rate notes were bought by investors in US Bloomberg [HONG KONG] China Petrochemical Corp, parent of Asia’s largest oil refiner, raised US$5 billion from the biggest offering of US dollar-denominated notes by an Asian issuer in more
      Bloomberg  -  567 words
    • Article
      Lock icon Chalco tests waters with new renminbi perpetual bond
      610 8 It will test Investors’ belief in state’s support after a first default in China IFR [SINGAPORE] Aluminum Corporation of China (Chalco i s cons id er i n g a ground-breaking perpetual renminbi bond in a move that will test investors’ belief
      IFR  -  610 words
    • Article
      Lock icon Chemoil shares heading for trading suspension
      263 8  -  By CARINE LEE carinel@sph.com.sg SINGAPORE Exchange (SGX) may suspend the trading of shares in Chemoil Energy now that its public float has fallen below the required 10 per cent to stay listed. The marine fuel supplier said this yesterday following an announcement on Wednesday
      263 words
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      81 5 BNP PARIBAS The bank for a changing world a n n xp m M i 'll t V y i 3fi U-- r" ,-rni Bm K rn --•1 "1? 11* u 15 ?r V6 < m S.-J1 I V I m Tr m JKm, gfe, <, I i?; ~"‘f PPWMI
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Wall Street rise boosts blue chips
      679 6  -  But penny segment comes under a cloud as CAD probes trading in some counters STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent AN overnight rise on Wall Street injected fresh vigour into the Straits Times Index yesterday, pushing it 27.28 points up to 3,220.06. Jardine stocks
      Source: Bloomberg  -  679 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 6 Apr 3 VALUE CLOSE BT OB/OS 411.0 +163.0 BT CADI -*****.0 +52.0 BT 10-day MA -*****.0 +41.0 FTSE ST Mid Cap 732.69 +5.42 FTSE ST Small Cap 544.57 +1.26 FTSE ST All Share 780.42 +6.15 FTSE ST China Top 201.52 +3.05 FTSE ST China 227.96 +4.10 FTSE
      77 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 6 VOLUME HanKore 213,227,000 KLW Hldgs 141,265,000 Noble Grp 138,823,000 Transcu Grp 101,171,000 LionGold 97,984,000 AusGroup 83,805,000 Albedo 76,869,000 Memstar 71,538,000 Blumont 54,275,000 WE Hldgs W*****8 44,791,000 VALUE($) Noble Grp 179,744,060 DBS Grp 85,655,615 UOB 67,290,859 SingTel 64,701,160 OCBC Bk 56,630,902 Wilmar 46,602,750 GLP 38,856,270 Keppel Corp 36,523,850
      58 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 6 3 0 0 0 6 6 3 Manufacturing 55 39 44 6 9 9 61 48 53 Commerce 17 22 19 3 4 5 20 26 24 Tpt/Stor/Comms 22 8 7
      186 words
    • Article
      Lock icon BROKERS’ TAKE
      943 6  -  Compiled by TEH SHI NING Noble Group April 3 close: S$1.315 Maybank Kim Eng Research, April 3 NOBLE Group has entered into a joint-venture agreement with Cofco, China’s largest food processor, manufacturer and trader, to sell a 51 per cent stake in its agriculture division at 1.15 times
      943 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 19,280 19,280 66,521 66,521 Manufacturing 394,024 204,631 598,655 172,829 9,074 181,902 Commerce 275,227 140,476 415,703 274,352 8,092 282,444 Tpt/Stor/Comms 93,605 9,655 103,260 155,139 1,314 156,453 Finance 30,831 366 31,197 228,555 101 228,656 Construction 61,406 48,141
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      115 6 Stock name Close Change CapMallsAsia 1.755 -0.005 CapitaLand 2.960 +0.020 CapitaMall 1.955 +0.035 CityDev 10.300 +0.280 ComfortDelGro 2.030 +0.010 DBS Grp 16.510 +0.100 GLP 2.630 +0.040 Genting SP 1.325 +0.015 Golden Agri 0.590 +0.005 HK Land 6.600 +0.220 HPH Trust US$ 0.665 +0.015 JMH 62.350 -0.750
      115 words
    • Article, Illustration
      Lock icon Euro little changed after ECB holds rates
      515 6 CURRENCIES Re uters [LONDON] The euro held broadly steady yesterday after the European Central Bank (ECB) kept interest rates on hold. Unlike in January and February, there had been few if any mainstream voices in the market predicting action from the bank in
      Reuters; PHOTO: BLOOMBERG  -  515 words
    • Article
      Lock icon RISES
      112 6 BY CENTS CLOSE UP Jardine C&C 4720 143.0 3.1 SPDR DJIA 10US$ ***** 94.7 0.5 DBXT FTVietnam 10US$ 2880 89.6 2.5 JSH 3604 74.5 1.7 Lyxor Indonesia10US$ 9031 64.4 0.6 GLD 10US$ ***** 42.9 0.3 DBXT iBoxxUSTr 5US$ ***** 41.7 0.2 SPDRS S&P 500 10US$ ***** 37.9 0.2 DBXT
      112 words
    • Article
      Lock icon FALLS
      124 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ ***** -236.1 -1.6 DBXT iBoxxSvEu 5US$ ***** -149.0 -0.4 DBXT USDIGInfl 5US$ ***** -102.3 -0.3 JMH 6235 -94.7 -1.2 DBXT iBoxxKR 5US$ ***** -74.5 -0.4 Lyxor AsiaCS 10US$ 5846 -51.8 -0.7 DBXT EONIA 5US$ ***** -49.2 -0.2 Lyxor ThaiSET 10US$ ***** -48.0
      124 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
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      40 7 A VISIONARY WITH ACHIEVEMENTS TO MATCH From the Board of Directors and Management of BBM MR SAM GOI SENG HUI ON BEING AWARDED THE BUSINESSMAN OF THE YEAR AT THE SINGAPORE BUSINESS AWARDS 2014 and our subsidiaries Fortune Food Manufacturing
      40 words
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      3536 8 WILMAR INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4785Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Wilmar International Limited (the “Company”) will be held at Island A Ballroom, Lobby Level, Shangri-La Hotel, 22
      3,536 words
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      55 9 SingaporeBusinessAwards 2014 Go' 66 t* eC fr Ua Gvoop lee y\Vi J»° *2>, <r /y^v5I y<=>^ <s 0y^ c <^/v <?>*./ _^> <5\5" ■^7 °-^o^ >g=5*o <S>^=?A <^/7c/ Af/ V°A ’<A5> °^ov Cr '^c/ y <^/t >£ °^A5K ,Vv<s v* J v5>: 7^. <*4 e dna OXa L T f)
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon SC Global is presenting sponsor for BNP WTA Championships
      613 10  -  Sponsorship to run for 5 years; company also giving $300k to ‘tennis for every child’ programme By LEE U-WEN leeuwen@sph.com.sg LUXURY property developer SC Global Developments has been named as the presenting sponsor of the upcoming BNP Paribas Women’s Tennis Association
      PHOTO: MATTHIAS HO/THE STRAITS TIMES  -  613 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon HDB sets aside $1.9m to boost retail
        142 10 ABOUT $1.9 million will be set aside by the Housing Development Board (HDB) to help 2,800 shops islandwide to enhance business vibrancy and competitiveness, under the sixth batch of the Revitalisation of Shops (ROS) scheme. This was in response to several requests from
        142 words
      • Article
        Lock icon Crowne Plaza Changi Airport 3rd best in Asia
        83 10 CROWNE Plaza Changi Airport said it was named the ‘Third Best Airport Hotel in Asia’ and ranked fourth worldwide at the Skytrax World Airport Awards Gala 2014 in Barcelona, Spain. The awards are based on the opinions of 12.85 million airline customers
        83 words
    • Article
      Lock icon Strong take-up in office leasing market for Q1
      491 10  -  Gross average rents rise 3.9-4.5% on improved occupancy By RAPHAEL LIM raphlim@sph.com.sg THE office leasing market recorded another quarter of strong take-up during Q1 this year, with average gross rental rates in the central business district (CBD) rising between 3.9 to 4.5
      491 words
    • Article
      Lock icon New Digital Inclusion Fund set up
      391 10  -  Targeted at lowincome individuals, households without school-going kids By JOYCE HOOI joyceh@sph.com.sg IN a bid to help low-income individuals and households bridge the digital divide, a Digital Inclusion fund has been set up to boost their adoption of infocomm technology. This fund will start
      391 words
    • Article
      Lock icon Actavis balances growth in patent, generic drugs
      347 10  -  Company opens its Asia-Pacific, Africa HQ in Singapore By SHEENA TAN tsheena@sph.com.sg WORLD’S No 2 generic drug-maker Actavis, which opened its Asia-Pacific and Africa headquarters here yesterday, plans to grow its lines of generic and brandname drugs in the region. Its chief executive
      347 words
    • Article
      Lock icon Yacht Show to make a splash as Asian buying interest rises
      425 10  -  Firms such as Grand Banks to showcase top-range designs By MALMINDERJIT SINGH msingh@sph.com.sg THE Singapore Yacht Show is sailing into town next week and companies are looking to cash in on the rise in luxury yacht spending by unveiling
      425 words
    • Article
      Lock icon S’pore Prestige Brand Award finetunes criteria
      214 10 THE criteria for two categories of the Singapore Prestige Brand Award (SPBA) has been changed to better reflect the evolving business landscape. The tweaks are for two award categories: SPBA Heritage Brands and SPBA –Regional Brands. For the former, companies that participate must have
      214 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Suharto daughter plays legacy card for election support
      950 11 Daughter Hediati on campaign trail with Golkar Reuters [YOGYAKARTA] It was Indonesia’s most ubiquitous smile. The image of former president Suharto, once dubbed the smiling general despite his iron rule of more than three decades, now waves genially from the election campaign
      Reuters; PHOTO: REUTERS  -  950 words
    • Article
      Lock icon Penang raising water tariffs to curb usage
      570 11  -  Amount to be set when Penang Water Supply Corp completes a study By PAULINE NG in Kuala Lumpur AS Malaysia’s prolonged dry spell continues to disrupt millions of households and thousands of businesses in the Klang Valley, Penang has served notice of a
      570 words
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      329 11 Proscenium at Rockwell Exceptional Premium Residences in Makati City, Philippines rl ■■ys HZ F •fc 2 y. t feiii Wmt 2 m y. v y "w, m WtoJ. r u '>S 08 i I: :|i !srl«s 'S 2Sj SidJIfe* 3 s -■-< i^liS *2 f V. sr,r m FREEHOLD PRICE
      329 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Potential 2nd China bond default set to be averted: sources
      538 12 Guarantor of firm’s 180m yuan notes stepping in after all Bloomberg [BEIJING] A Chinese building materials producer will avert what would have been the second default in the nation’s onshore bond market as its guarantor said it would step in
      Bloomberg  -  538 words
    • Article, Illustration
      Lock icon Indian developers struggle to service debt as market slumps
      703 12 Central bank cuts no slack with interest rates holding at 8% Bloomberg [MUMBAI] Indian developers are struggling with the lowest ability to service debt in at least six years and the central bank isn’t offering any solace. Reserve Bank of India
      Bloomberg; PHOTO: BLOOMBERG  -  703 words
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      118 12 In It s^'V Around The World in g-Glee Plates Take an epicurean excursion across continents in the Global Plates of Pleasure 8 gourmet creations designed to encapsulate the essence of destinations of the Pacific Rim that will leave you gleeful. Highlights include with fresh in honey shoyu glaze, spicy tangy
      118 words
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  • GREATER CHINA
    • Article
      Lock icon China service sector growth offers some relief
      570 13 It did little to alter view that China has lost more momentum than expected this year Reuters [BEIJING] A robust services sector will not stop China’s economy from slowing into the middle of the year, analysts said after modest government stimulus was seen
      Reuters  -  570 words
    • Article, Illustration
      Lock icon Bearish pundits waiting for the ‘China crash’
      760 13 Rebalancing the economy will cause slowdown, they say Reu ters [SINGAPORE] “It’s like a horror movie. People like to watch, but don’t want to be in it,” quips economist Andy Xie about his popular lectures where he predicts a collapse in China’s property
      Reuters; PHOTO: REUTERS  -  760 words
    • Article
      Lock icon Ma’s company buys 3.3b yuan stake in software firm Hundsun
      290 13 Bloomberg [BEIJING] A company controlled by Alibaba Group Holding Ltd chairman Jack Ma will pay 3.3 billion yuan (S$671 million) to become the largest shareholder of financial software company Hundsun Technologies Inc. Zhejiang Rongxin, which is 99.1 per cent controlled
      Bloomberg  -  290 words
    • Article
      Lock icon China said to tighten control on rare earths
      228 13 Bloomberg [BEIJING] China will seek to strengthen its control of rare earths exports, even after the World Trade Organization ruled against its curbs, said an analyst at Beijing Antaike Information Development Co. “It’s perfectly legitimate and fairly easy for China to introduce
      Bloomberg  -  228 words
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      221 13 Soaring with Uzbekistan Airways to reach greater heights UZBEKISTAN nil' 1 him .hi Uzbekistan Airways operates 2 weekly direct flights between Singapore and Tashkent via Kuala Lumpur with effect from 4 April 2014. As Uzbekistan Airways celebrates its new ascent to greater heights, SATS and SIA Engineering Company are proud
      221 words
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      Lock icon Page 13 Advertisements Column 2
      715 13 NutritionPark.com ;om m rn ZANFIT VWALK VI 8 Great for senior citizens to do brisk walking. 3 workout programs. 1 Max 6km/h. Foldable. 2 years warranty. ZANFIT VTREAD V21 15 goal-specific programs. 1 km/h to 12km/h. Heart rate monitor. LCD Display. Foldable. 1.5hp motor. 2 years warranty. ZANFIT VTREAD V31
      715 words
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  • WORLD
    • Article
      Lock icon US probes Citigroup for fraud at its Mexican unit
      961 14 Investigators focus on role of bank’s internal controls in the US$400m fraud NYT [NEW YORK] Just as Citigroup was putting a troubled past of taxpayer bailouts and risky investments behind it, the bank now finds itself in the government’s cross hairs
      NYT  -  961 words
    • Article, Illustration
      Lock icon Rice prices staying low as Thailand clears stockpiles
      739 14 Bloomberg [BANGKOK] Asian rice costs will keep slumping from near a six-year low as Thailand clears out record stockpiles, threatening a price war with Vietnam and India. The government plans to sell about one million tonnes a month, compared with average monthly
      Bloomberg; PHOTO: REUTERS  -  739 words
    • Article, Illustration
      Lock icon Central banks must improve policy coordination: Lagarde
      455 16  -  IMF chief sees years of slow and sub-par growth unless right measures are taken By ANTHONY ROWLEY in Tokyo IMF managing director Christine Lagarde warned on Wednesday that the global economy “could be facing years of slow and sub-par growth” unless policy coordination
      PHOTO: REUTERS  -  455 words
    • Article
      Lock icon China remains Prada’s main growth driver
      460 16 AFP [PARIS] The Chinese market for luxury fashion products will be the main driver of growth at Italian group Prada, the company said yesterday after reporting stable profits. Prada played down talk of a slowing of the Chinese luxury sector, after reporting almost flat
      AFP  -  460 words
    • Article
      Lock icon Novartis replaces Japan execs in drug trial scandal
      288 16 AFP [TOKYO] Swiss pharmaceutical giant Novartis said yesterday that it was replacing the top executives at its Japanese unit over allegations the division hid serious potential side effects of leukaemia treatments from regulators. David Epstein, the head of the firm’s pharmaceutical division,
      AFP  -  288 words
    • Article
      Lock icon Thai consumer confidence sinks to lowest since 2001
      590 18 Protests, adversarial politics hurt consumption, investment, tourism Reuters [BANGKOK] Thailand’s consumer confidence slipped to its lowest in nearly 12.5 years in March, a survey showed yesterday, underscoring again the impact of prolonged political unrest on South-east Asia’s sec-ond-biggest economy. As months of
      Reuters  -  590 words
    • Article, Illustration
      Lock icon Too early to decide mining slowdown impact
      371 18 Reuters [BRISBANE] Australia’s top central banker cautioned yesterday that it was far too early to know if Australia will manage a slowdown in mining investment without suffering a slump, suggesting interest rates would need to stay at rock bottom for some time yet.
      Reuters  -  371 words
    • Article
      Lock icon New York tech sector a key job provider
      754 18 Half of technology jobs in the city are filled by people without college degrees: study NYT [NEW YORK] The fast-growing technology industry in New York is often cited as a magnet for graduates of the nation’s top universities. But a new report
      NYT  -  754 words
    • Article, Illustration
      Lock icon Google issues 330m new non-voting shares
      568 20 Founders tighten grip on firm by splitting its stock in different classes Bloomberg [TORONTO] More than 330 million new shares of Google Inc were to land in the US equity market yesterday, completing a two-year process through which Sergey Brin and Larry Page are
      Bloomberg  -  568 words
    • Article
      Lock icon Clearstream probed over potential violations of US laws
      418 20 NYT [NEW YORK] Deutsche Borse, the German stock exchange, said on Wednesday that its Clearstream unit was the object of a criminal investigation into potential violations of US money laundering laws and sanctions against Iran. The exchange said that the unit was
      NYT  -  418 words
    • Article
      Lock icon Trade deficit widens in Feb as exports fall
      316 22 7.7% rise in trade gap points to slower Q1 GDP growth LATEST US DATA Reuters [WASHINGTON] The US trade deficit unexpectedly widened in February as exports fell to their lowest level in five months, in further signs economic growth slowed in the
      Reuters  -  316 words
    • Article
      Lock icon ECB ready to act if low inflation is prolonged
      609 22 It holds key rate at 0.25% record low; hopes recovery will strengthen unaided Reuters [FRANKFURT] The European Central Bank is ready to deploy anything in its monetary policy toolbox if inflation stays too low for too long despite keeping interest rates
      Reuters  -  609 words
    • Article, Illustration
      Lock icon European lawmakers put end to roaming fees
      537 22 Reuters [STRASBOURG] The European Parliament voted overwhelmingly in favour of ending mobile phone roaming fees yesterday, a move that will cheer Europe’s consumers even as it frustrates telecoms companies. In a full sitting of the parliament in Strasbourg, lawmakers backed legislation that will
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    • Article
      Lock icon UK watchdog to review credit card market
      407 22 Reuters AFP [LONDON] Britain’s financial watchdog will investigate the £150 billion (S$314 billion) credit card market to assess if people in financial trouble are being treated fairly, it said yesterday. The decision by the Financial Conduct Authority (FCA) comes just two days after
      Reuters; AFP  -  407 words
    • Article
      Lock icon World Cup enthusiasm faltering in Brazil on social unrest
      374 24 Protests cool fans’ spirits, may reduce tourists, business potential Bloomberg [SAO PAULO] Brazil’s biggest car-rental agency is concerned that the country has yanked in the welcome mat for World Cup soccer fans. When the country was picked in 2007 to host
      Bloomberg  -  374 words
  • Page 14 Advertisements
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      2151 14 TECKWAH INDUSTRIALCORPORATION LTD Company Registration No. *****1105E (Incorporated in the Republic of Singapore) NOTICE OFANNUALGENERALMEETINGAND NOTICE OFBOOKS CLOSURE DATE Notice is hereby given that the Annual General Meeting of the Company will be held at 25 Pandan Crescent #05-15 TIC Tech Centre Singapore *****7 on Tuesday, April 22, 2014 at
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      242 15 Congratulationsto a our winners for the year 2013 Businessman Of The Year Sam Goi Seng Hui Executive Chairman, Tee Yih Jia Group For his entrepreneurial spirit and far-sightedness in acquiring Tee Yih Jia in 1977 and transforming it from a small, labour intensive factory into the world's leading manufacturer of
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      3999 16 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SINARMAS LAND LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****0619R NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of Sinarmas Land Limited (the “Company” or “SML”) will be held on Friday, 25 April 2014
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      2300 17 UNIFIED COMMUNICATIONS HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****1129W) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Copthorne King’s Hotel, 403 Havelock Road, Singapore *****2, Prince 2, Level 13 on Monday 28
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      2299 17 8TELECOM INTERNATIONAL HOLDINGS CO. LTD. (Company Registration Number: *****) (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Gallery Hotel, 1 Nanson Road, Kenzo Room, Level 2, Singapore *****9 on Monday 21 April 2014 at
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      2342 18 >;ato notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices OEL (Holdings) Limited (Incorporated in Singapore) (Co. Reg. No: *****3368H) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of OEL (HOLDINGS) LIMITED (the “Company”) will be held at The Conference Room, No. 8 Aljunied Avenue 3,
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      2790 19 Swiber SWIBER HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4721N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of Swiber Holdings Limited (the “Company”) will be held at 12 International Business Park, SwiberOIBP #03-02 Singapore *****0, on Monday, 21
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      1342 19 HPH TRUST HUTCHISON PORT HOLDINGS TRUST (A business trust constituted on 25 February 2011 under the laws of the Republic of Singapore) (Registration No.: *****01) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the unitholders of Hutchison Port Holdings Trust (“HPH Trust” and
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      1854 20 w WATO NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices GOLDEN AGRI-RESOURCES LTD (Incorporated in the Republic of Mauritius) NOTICE OF ANNUAL MEETING NOTICE IS HEREBY GIVEN that an Annual Meeting of Golden Agri-Resources Ltd (the “Company”) will be held on Friday, 25 April 2014 at 2.00 p.m. at Parkroyal on
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      1364 20 [Company Registration No. *****6139K] (Incorporated In The Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of GSH Corporation Limited (“the Company”) will be held at 11 Changi North Way, GSH Centre Singapore *****6 on Monday, 21 April 2014 at 2.30 p.m.
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      749 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CREATIVE DIRECT PTE LTD Company registration no. *****0606N (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of the
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      748 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DATA STREAM CORPORATION (S) PTE LTD Company registration no. *****1433R (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting
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      1713 21 *ATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices intro co/ N. I I s y INTRACO Limited (Incorporated in Singapore with limited liability) (Co. Reg. No: *****0526Z) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Forty-Fifth Annual General Meeting of INTRACO LIMITED (the “Company") will be held
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      2743 21 (Incorporated in Singapore) (Company Reg. No. *****5744N) NOTICE OF FIFTEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifteenth Annual General Meeting of Trek 2000 International Ltd (the “Company”) will be held at 30 Loyang Way #07-13/14/15, Loyang Industrial Estate, Singapore *****9 on Wednesday, 23 April 2014 at 10.00
      2,743 words
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      2378 22 CHARISMA ENERGY SERVICES LIMITED (Company Registration No. *****6776D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Charisma Energy Services Limited (“the Company”) will be held at Connection 3 4 Room, Level 3, Amara Singapore Hotel, 165 Tanjong
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      2114 23 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices In The Matter of The Companies Act, Cap. 50 And In The Matter of MIKOISHI PTE. LTD. (Co. Reg. No. *****7261M) NOTICE OF CREDITORS’ MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that pursuant to Section 296
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      2091 23 CB COLEX HOLDINGS LTD Colex Holdings Limited Registration No. *****1485G (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Conference Room, Level 1,8 Tuas South Street 13, Singapore *****3, on Monday,
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      3729 24 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Ezion Holdings Limited (Incorporated in the Republic of Singapore) (Company Registration No. *****4364E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ezion Holdings Limited (the “Company”) will be held at Connection 3 and 4 Ballroom
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  • AVIATION
    • Article
      Lock icon Asia-Pac to see fastest growth in visitor flow
      502 25  -  Region’s outbound travel spending also tipped to grow at double digit pace By NISHA RAMCHANDANI nisha@sph.com.sg VISITOR flows from the Asia-Pacific and outbound travel spending from the region’s travellers are both expected to grow at a dou-ble-digit clip over the next decade,
      502 words
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      Lock icon European Commission backs down over aviation emissions
      378 25 Reuters [LONDON] The European Commission has urged the bloc’s Parliament to exempt international flights from paying for their carbon emissions on Wednesday, retreating from its own proposal on the eve of a binding vote amid pressure from national governments. In a late night
      Reuters  -  378 words
    • Article
      Lock icon Court dismisses frequent-flyer lawsuit
      407 25 Bloomberg [WASHINGTON] Airlines won a stronger shield from passenger lawsuits as the US Supreme Court threw out claims filed by a man kicked out of Northwest Airlines’s fre-quent-flyer programme for complaining too much. The justices unanimously said that the man’s lawsuit under Minnesota state law was
      Bloomberg  -  407 words
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      Lock icon Najib pledges to never give up looking for MH370 answers
      623 25 Abbott says search is the most difficult in human history AFP [PERTH] Malaysian Prime Minister Najib Razak vowed yesterday “we will not rest” until the fate of Flight MH370 is known, as Australia called it “the most difficult search in
      AFP; PHOTO: REUTERS  -  623 words
    • Article
      Lock icon TRANSPORT STOCKS
      244 25 SGX '000 Apr 03 S$ +/-Vol Ch Offshore unch unch 0 Chuan Hup Hldg 0.26 unch 52 Cosco Corp 0.73 0.01 1354 Cwt Limited 1.52 0.02 1004 First Ship Lea 0.11 -0.01 539 Grand Banks..............0.22 unch 70 Jaya Hold Ltd unch K1Ventures 0.20 unch 1647 Keppel Corp 10.81
      244 words
  • Page 25 Advertisements
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      37 25 AMMA’S KITCHEN Tamil Nadu CM’s budget food outlets helping her win hearts and votes DR T. CHANDROO Banking on cord blood GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
      37 words
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      25 25 APRIL ISSUE OUT NOW! INTHISISSUE in wii J P WHAT'S NEW FOR FI 2014 Enjoy20% OFFwhen you subscribe to the print edition now! )%4%3 www.hardwaremag.com
      25 words
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  • EDITORIAL & OPINION
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      Lock icon China’s stimulus a test of reform resolve
      531 26 EDITORIAL CHINA has responded relatively swiftly to a perceived crisis in its economy that caused stocks to plunge to mul-ti-year lows two weeks ago. The authorities unveiled a mini-stimulus package on Wednesday night to prevent the economy from decelerating too fast, even as
      531 words
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      Lock icon Russia’s placing its bets on Putinomics
      752 26  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group [WASHINGTON] What’s occurring in Ukraine, says the Peterson Institute’s Fred Bergsten, is an unwelcome consequence of globalisation. Russian President Vladimir Putin thinks he can enjoy political and military freedom in dealing with Ukraine without
      The Washington Post Writers Group  -  752 words
    • Article, Illustration
      Lock icon Tomorrow’s biggest global risk – drinking water
      1477 26  - Tomorrow’s biggest global risk drinking water The problem can be solved if funds are spent properly and there is sustained political will By PETER BRABECK-LETMATHE ASIT K BISWAS Peter Brabeck-Letmathe is Nestlé board chairman who chairs the Water Resources Group, and Asit K Biswas is Distinguished Visiting Professor at Lee
      PHOTO: AFP  -  1,477 words
    • Article, Illustration
      Lock icon Making a statement with China ‘smog bonus’
      1019 27  -  Panasonic’s payout to expat staff seen raising some complex HR policy issues By JOE HAVELY The writer is editor ofNUS Business School’s Think Business portal. This article was first published on the portal (thinkbusiness.nus.edu) WHEN does an overseas hardship posting become something that
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      Lock icon Taking the high road may be better for Scotland
      865 27  -  By ROGER COHEN NYT ON Sept 18, just over four million voters will be asked a simple question: “Should Scotland be an independent country?” If a majority votes “yes” unlikely but possible one of the most successful political unions in history
      NYT; PHOTO: AFP  -  865 words
    • Article
      Lock icon Raising IMF’s profile to get reforms past US Congress
      890 27  -  By SIMON JOHNSON The writer is a professor at MIT’s Sloan School of Management and the co-author of‘White House Burning: The Founding Fathers, Our National Debt, and Why It Matters To You’. Project Syndicate THE International Monetary Fund (IMF) is an
      Project Syndicate  -  890 words
    • Article
      Lock icon Where SGX and LSE listings differ
      164 27 LETTER TO THE EDITOR WE refer to Mak Yuen Teen’s letter “Jardine group listing changes raise questions” (BT, April 1, 2014). Singapore Exchange (SGX) secondary listing differs from premium and standard listings of the London Stock Exchange (LSE). Rest assured, in all our dealings
      164 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Cleveland’s theatre district attracting residents
      1144 28 A model of synergy that links the arts, urban development, affordable homes NYT [CLEVELAND] When a national tour of Joseph and the Amazing Technicolor Dreamcoat played here last month, Vincent Wil Hawley walked from his apartment at Residences at Hanna, a new 102-unit conversion in
      NYT; PHOTO: BLOOMBERG  -  1,144 words
    • Article, Illustration
      Lock icon Delay seen in Vietnam housing recovery: CBRE
      660 29 Families struggling to access affordable loans; confidence in economy lagging Bloomberg [HANOI] Vietnam’s property market rebound from a three-year slump may be delayed until 2015 as families struggle to access affordable loans and confidence lags, according to CBRE Group. Only 1,500 condominiums were
      Bloomberg; PHOTO: BLOOMBERG  -  660 words
    • Article
      Lock icon Zillow to provide buyers access to US home data
      318 29 Website targeted at growing number of Chinese buyers Reuters [HONG KONG] United States real estate information service Zillow Inc plans to partner with a Bei-jing-based peer to tap growing interest from Chinese mainland clients, the sec-ond-largest foreign buyers of US homes
      Reuters  -  318 words
  • Page 28 Advertisements
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      535 28 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D04 HOUSE FOR SALE OCEAN DRIVE Seaview living Bunglw. A&A 2012 Worth $5.6m 2sty+ basement, 5 bdrm+ dining+ 2 maid rms gym, pool. Land 9580/ *****sf. Ron 9852 9055 D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa 3½-Storey 8159 sqft,6+1 ensuite, 2 living,
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      117 28 D28 HOUSE FOR SALE MIMOSA Super Value $3.XM Only!! 999 years Semi-D. Mimosa. 3 storey 3935/4000 sf. 4+1. Serious seller. Grace 9797 7060 D01 APARTMENT FOR SALE MARINA BAY SUITES New Listing! 2045 sf 4bdrm #12-02 Bay Views $5.5m neg. Agents welcome!! Tel owner 9460 7225 Email: mbsowner@gmail.com D03 APARTMENT
      117 words
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      537 29 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D09 APARTMENT FOR SALE THE COSMOPOLITAN 2 bdrm 1141 sqft. Stack 05. Bright and airy. Near future MRT/ Great World. $2.49m neg D10 APARTMENT FOR SALE DE LENTE F’hold 3bdrm with Pool View. De Lente. Interior decor by President’s Design Award designer.
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      118 29 D10 COMMERCIAL SPACE FOR SALE HOLLAND VILLAGE CARPARK Holland Rd Shpg Ctr. The only pte basement car park w/47 lots. High veh turnover carpark receipts. Owner Sale. hollandcarpark@yahoo.com.sg D01 OFFICE FOR RENT 1 RAFFLES PLACE Tower 1 #42-02, 1582sqft, $13psf negotiable, Next to MRT, City view, Renovated. Immediate. D03 FACTORY
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  • Article
    Lock icon SHIPPING TIMES
    2410 30 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 30 Advertisements
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      44 30 £1M PLACE YOUR AD HERE The Business Times Shipping Times CALL JOE WONG AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? the business times Shipping Dimes
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      16 30 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES
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  • Page 31 Advertisements
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      159 31 mporters coking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II USE THIS SPACE TO SELL CALL JOE WO IMG AT 9620 1327 TO ADVERTISE The Business Times SHIPPING TIMES r FREIGHT FORWARDER urgently needed by shippers I Can
      159 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3141 32 Transaction date: Apr 3 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 13.6 10.4 8Telecom Vol Day Last Quote Div Gr Yld Net 10 6.7 AIMS Property 9.6 unch 120 9.6 9.6
      3,141 words
    • Article
      Lock icon SGX CATALIST
      312 33 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 35 22 t 3Cnergy 500 Vol Day 1.9 0.9 t Advanced System 1.1 unch 2350 1.1 1.1 1 1.1 21.4 Div Gr Yld Net
      312 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11712 33 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.52/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond 1.9231/ China Opportunities 1 2 7737/ EM Local Ccy Bond 0 9037/ European Opportunities 1 1 3513/ Global Emerging Markets
      11,712 words
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      Lock icon GLOBALQUOTE
      249 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 35.5 Genting HK US$ US39 +0.5 1726 39 38.5 38.5 39 2568 Sale 328 191 TanChongInt HK323cd -2 21 323 323 320 324 9.7 3.3
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    • Article
      Lock icon SGX ETF
      1117 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 121 108.3 ABF SG Bond ETF 114 +0.1 1 114 114 113.5 114 520.4 143 119 CIMB APAC Div 100S$D 128 +0.2 128 128 127 129
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      680 34 Apr 3 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.18 *****.39 *****.36 Jun14 *****.00 *****.00 *****.00 *****.00 ***** *****2 Sep14 *****.00 *****.00 *****.00 *****.00 1 8576 MSCI TAIWAN INDEX FUTURES SPOT 314.70 315.21 313.05 Apr14 314.60 315.40 313.90 314.20 ***** *****6 May14 314.00
      680 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 34 In local curr In S$ In US$ dy yr dy yr dy yr Apr 2 Index Change Change Change Change Change Change World Preliminary 1200.9 0.2 1.4 0.4 1.4 0.2 1.5 EAFE Preliminary 955.1 0.3 -0.1 0.3 0.5 0.1 0.5 Europe Preliminary 1382.5 0.1 2.0
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 34 Apr 3 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.017 5.729 0.670 7.157 55.504 104.310 0.959 9.761 3.027 1.082 90.489 41.464 1.165 9.848 0.819 27.942 29.972 0.554 0.923 Canada 0.983 5.633
      471 words
    • Article
      Lock icon SIBOR
      30 34 Apr3 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) (S$) 1 mth ..0.***** Source: Thomson Reuters
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    • Article
      Lock icon GOVERNMENT SECURITIES
      78 34 Apr 3 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****T 31-Oct-14 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.2 5-Year NX*****W 2.5 01-Jun-19 104.77 10-Year NX*****H 2.750 01-Jul-23 101.92 102.00 101.90 15-Year
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    • Article
      Lock icon PRECIOUS METALS
      140 34 Apr 03 GOLD(US$/oz) Apr 03 Apr 02 Hong Kong 1293.00 1289.00 Apr 02 Apr 01 London 1292.30 1280.54 1292.95 1281.76 Source: Thomson Reuters CAST BAR Apr 03 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 79 50 5gm 314 259 10gm 584 520
      140 words
    • Article
      Lock icon PALM OIL
      57 34 Apr 3 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 14 2675.0 2713.0 2690.0 2650.0 125 1518 May 14 2648.0 2667.0 2653.0 2615.0 2826 ***** Jun 14 2631.0 2648.0 2640.0 2597.0 ***** ***** Jul 14 2620.0 2637.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 34 Apr 3 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1646 1.1654 0.9225 0.9228 Canadian dollar 1.1452 1.1458 0.9073 0.9072 Euro 1.7373 1.7383 1.3762 1.3764 NZ dollar 1.0763 1.0771 0.8526 0.8529 Sterling pound 2.1005 2.1016 1.6639 1.6641
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 34 Apr 2 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 14 1462.25 1484.50 1496.00 1456.00 Jul 14 1441.25 1457.25 1470.00 1434.25 Aug 14 1364.25 1380.25 1391.50 1358.50 Sep 14 1251.75 1265.50 1277.25 1248.25 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 14
      109 words
    • Article
      Lock icon LIFFE
      95 34 Apr 2 COCOA (£/tonne) Close Prev High Low May 14 1845 1856 1862 1841 Jul 14 1846 1857 1862 1843 Sep 14 1848 1856 1862 1845 Dec 14 1837 1843 1849 1833 COFFEE(US$/tonne) Close Prev High Low May 14 2020 2024 2052 1983 Jul 14 2013 2021 2043 1980
      95 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1012 34 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv Asia-Pacific Strategic W*****6 .............1 ce 1 123 182 44.00 1 Acma Ltd W*****7 Prem Disc Asiatic Grp(Hldgs) Ltd W*****5 2.3 0.0 2 17 Asiatravel.com HoldingsW*****7 2.8 unch
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 34 CRUDE OIL PRODUCTS Apr 02 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 103.92 -2.78 WTI (Near Mth) 99.64 0.16 Dubai (1-Mth F) 102.07 -1.81 Tapis blend 108.71 -1.95 Minas 105.01 -1.95 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 100.67 -2.27 Jet Kerosene 118.87 -1.24 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 34 Apr 3 S$ Bid Offer 1-month 1.2624 1.2629 2-months 1.2623 1.2629 3-months 1.2623 1.2628 6-months 1.2621 1.2626 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 34 Apr-02 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1789.75 1754.75 3 months 1829.50 1795.50 Copper, Grade A(US$/tonne) Cash 6676.00 6665.00 3 months 6675.00 6660.00 Lead(US$/tonne) Cash 2035.25 2020.50 3 months 2060.00 2047.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 34 As at 9am Apr 03 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.193 1.137 Can dollar 1.165 1.121 Euro 1.778 1.694 Sterling pound 2.138 2.056 NZ dollar 1.107 1.065 US dollar 1.288 1.227 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      154 34 Apr 3 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.20 0.10 1 month 0.25 0.15 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
      154 words
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  • WINE/BOOKS
    • Article, Illustration
      Lock icon Surprises from New Zealand
      779 35  -  Other than sauvignon blanc and pinot noir, its regions offer wines with subtle yet distinct differences, says DAVE MCINTYRE DAVE MCINTYRE WP MUCH of the fun in wine exploration is drilling down into geographical distinctions, from country to region, then appellation and finally vineyard site. Think
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    • Article
      Lock icon A selection from Marlborough and Nelson
      340 35  -  By DAVE MCINTYRE WP THESE six wines show the quality and subtle differences of Marlborough and Nelson, on the northern end of New Zealand’s South Island. Dog Point Vineyard Pinot Noir 2010 Three stars Marlborough, New Zealand, US$39 From vineyards planted in 1979, among
      WP  -  340 words
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      Lock icon When competition kills creativity, perverts outcomes
      505 35  -  By RACHEL LOI rachloi@sph.com.sg NO one is a stranger to competition. We encounter it first at home with our siblings, then in school with our friends, and later on with our colleagues when we are deemed old enough to join the “rat race”. The
      505 words
    • Around Town
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        Lock icon Pick of the Week
        133 35 “Death By_____”:Join The Improv Company (right) this weekend for a workshop for improvisation beginners, followed by a 60-minute comedy show entitled Death by_____, which will be based entirely on suggestions thrown at them by the audience. Prior to the performance, the improvisation workshop, also conducted by
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      • Article
        Lock icon Exhibition
        174 35 ShanghART Supermarket: Experience ShanghART Supermarket, an interactive mixed media supermarket installation produced by MadeIn Company, a temporary art creation company founded by artist Xu Zhen. Visitors are invited to purchase a product from the shelves but all the containers are actually empty. A receipt, however, will still be issued
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      • Article
        Lock icon Concert
        71 35 Yiruma: Listen to the compositions of South Korean composer Yiruma tomorrow. Aside from working on classical pieces, Yiruma has collaborated with Korean pop groups. Audience members can expect to hear some of Yiruma’s famous pieces such as River Flows In You and Kiss the Rain. Yiruma Live in Singapore
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      • Article
        Lock icon Comedy
        109 35  -  Compiled by CHEW HUI-YAN hychew@sph.com.sg Donkey Dies, Father Cries: Head down to the Goodman Arts Centre for a good laugh with four of South India’s well-known stand-up comedians Karthik Kumar, Naveen Richard, Aswin Rao and S Aravind as they return with their hit comedy show. Hear tall tales about
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  • Page 35 Miscellaneous
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      383 35 CRYPTIC CROSSWORD Across 1 Disadvantage footballer’s seen after 0-0 result? (8) 5 Telephone line into lady’s private room? (6) 9 Sickly stuff from Maureen and the girls (8) 10 Fish four caught, still breathing (6) 12 Something rudimentary established by a new European (6) 13 Senior women fussing no end,
      383 words
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  • ARTS
    • Article, Illustration
      Lock icon The specialist collector’s auctioneer rises
      648 36  -  Bonhams considers itself a leader in the UK auction market for antiquities, rare spirits, cameras and cars, reports CHEAH UI-HOON reportsCHEAH reportsCHEAH UI-HOON uihoon@sph.com.sg WHEN it comes to auctions, Christie’s and Sotheby’s are the big names at least until one tries to buy that rare
      648 words
    • Article, Illustration
      Lock icon Chronicling modern life in Singapore
      511 36  -  By CHEW HUI-YAN hychew@sph.com.sg YOU may just see yourself in a painting at Asia Art Collective’s City Stories, a joint exhibition between local artists Quek Kiat Sing and Ron Wong. Both artists have finally concluded their respective missions to chronicle modern life in Singapore, and
      511 words
    • Article, Illustration
      Lock icon The ‘art’ in architecture
      476 36  -  By CHEW HUI-YAN hychew@sph.com.sg SHAUMYIKA Sharma is a full-time architect who has found time to not design buildings but to create art. Her latest exhibition titled Laksa In The Summer of My Childhood features three media: cyanotypes, photography and collage, all of which are vital to
      476 words
    • Article, Illustration
      Lock icon Home of SE Asian art, old and new
      648 37  -  National Gallery Singapore eyes a leading role in the study and showcase of South-east Asia’s artistic legacy, writes RACHEL LOI writesRACHEL writesRACHEL LOI rachloi@sph.com.sg WHEN the National Gallery Singapore opens next year, it will be a game changer it will be the
      648 words
    • Article, Illustration
      Lock icon Examining the tiny elements around us
      418 37  -  By RACHEL LOI rachloi@sph.com.sg THE difference between you and Syaiful Aulia Garibaldi is that where you see mould as the yucky green stuff on stale bread, he sees a source of beauty and inspiration. The emerging Indonesian artist has devoted entire exhibitions to micro-or-ganisms,
      418 words
    • Article, Illustration
      Lock icon A human perspective of Occupation
      467 37  -  By RACHEL LOI rachloi@sph.com.sg WE are all familiar with the horror stories about the Japanese Occupation of Singapore whether from textbooks, museums or first-hand stories from those who lived through it. We are often told the Japanese were oppressors who staked babies, shot men and
      467 words
    • Article, Illustration
      Lock icon Contemporary culture, not anime
      395 37  -  By CHEW HUI-YAN hychew@sph.com.sg JAPANESE artist Imai’s paintings of young women bear a striking resemblance to anime characters, with their porcelain skin and French maid costumes. But make no mistake the women in his paintings have not been copied off comic books and television programmes. Instead,
      395 words
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      109 36 IFBO VIETNAM 2014 International Franchise Business Opportunities 28-30 May 2014 10.00am 5.00pm Tan Binh Exhibition Convention Centre Ho Chi Minh City, Vietnam International franchise brands and business concepts under one roof Get free lessons on franchising from the experts! Pick up useful tips on doing business in Vietnam *Enjoy preferential
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      53 36 AN INTERACTIVE, STYLE-DRIVEN INTERIOR DESIGN WEBSITE FOR HOMEOWNERS AND DECOR ENTHUSIASTS BE A MEMBER AND WIN UP TO $35,000 WORTH OF ATTRACTIVE PRIZES! Dreamweave Other Stories designer furniture Standard Of Living sofas and chairs Moreless dresser set Lush Fortune Cookie stools Ethnicraft shopping vouchers Ambient Lounge sofas Noden Collective wall
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  • MUSIC/CINEMA
    • Article, Illustration
      Lock icon Weaving lyrical magic
      691 38  -  Folk-rock musician Suzanne Vega hasn’t lost her touch or the ability to remain rooted in her individuality while staying in tune with the times, says GEOFFREY EU GEOFFREY EU HER name is Suzanne Vega and her poetic songs of journeys taken, words unspoken and dreams long broken
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      Lock icon Diverse line-up at Chinese film fest
      411 38  -  By DYLAN TAN dylantan@sph.com.sg IT’S not just mainland China’s domestic box office that’s booming the Singapore Chinese Film Festival (SCFF) is growing quickly too. From just 10 films at the inaugural edition last year, this year’s line-up has grown to 30; while the number
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      181 38 Primary school with good reputation. Within walking distance. 1 km from mother-in-law. There's a better chance of finding your dream house. STProperty. Let STProperty help you find properties near the schools of your choice, so you can increase your chances of getting a place! Hurry, log on to www.stproperty.sg/schools now.
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  • CINEMA
    • Article, Illustration
      Lock icon An over-the-top blockbuster of Biblical proportions
      752 39  -  Noah may not make sense but engages the senses in a way few movies do, says GEOFFREY EU GEOFFREY EU Darren Aronofs k y is no by-the-book filmmaker, and even if that book happens to be the Old Testament, nothing is sacred. And so
      752 words
    • Article, Illustration
      Lock icon A cocktail of Italian and Asian cinema
      719 39  -  Get a taste of the prestigious Venice International Film Festival this weekend as a selection of works from last year’s line-up make up the 11th Italian Film Festival which opened on Wednesday. Showcasing the best of Italian cinema, the festival also includes a
      719 words
    • Article, Illustration
      Lock icon The Best Offer – clunky, uninspired
      461 39  - The Best Offer clunky, uninspired By GEOFFREY EU VIRGIL Oldman (Geoffrey Rush) is a suave, successful antiques dealer and auctioneer with his own auction house, a home full of beautiful things and an air of superiority that his employees and clients are exposed to on a daily basis. He also
      461 words
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  • executive lifestyle
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      Lock icon Waxing lyrical over vinyl’s revival
      1704 40  -  Passionate indie retailers are expanding, setting up shop in off-beat locations and keeping the record-collecting scene alive against all odds, reports DYLAN TAN reports DYLAN TAN dylantan@sph.com.sg STEP aside, iTunes and digital streaming sites. People are going back to the record store? The tactile attraction
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      Lock icon Where to get your vinyl fix
      304 40  -  By DYLAN TAN Hear Records 175 Bencoolen Street #01-39 Burlington Square Tel: 9646 0648 Expect the biggest range of indie, pop and rock new releases plus some used titles all at very affordable prices. A selection of Music Hall equipment is available for those
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  • Singapore Business Awards
    • Article, Illustration
      Lock icon GROWING A GLOBAL FOOTPRINT
      506 1  -  Andrea Soh FTER a few painful years recovering from the wounds of the global financial crisis, developed economies such as the US are starting to pick up. And with that comes the promise of a global recovery. For Singapore businesses, this presents an opportunity to enter
      506 words
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      Lock icon From Popiah King to white knight
      1727 2  -  From Tee Yih Jia to GSH Corporation, veteran businessman Sam Goi is no stranger to reviving ailing businesses, writesANDREA SOH BUSINESSMAN OF THE YEAR writesANDREA writesANDREA SOH AT 65, most would be ready to kick off their shoes and call it a day on
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      Lock icon He wants Singapore to succeed
      545 2  -  By ANDREA SOH sandrea@sph.com.sg DESPITE being one of the top 10 richest billionaires in Singapore now, Sam Goi’s favourite food is a dish of char kway teow at Ghim Moh market. Plain and unassuming in his manners, the Fu-jian-born tycoon credits Singapore for his success.
      545 words
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      Lock icon Passionate about building resilience
      2041 4  -  ST Engineering CEO Tan Pheng Hock talks toNISHA RAMCHANDANIabout what drives him, keeping him with the group since 1981 OUTSTANDING CEO OF THE YEAR NISHA RAMCHANDANI nishar@sph.com.sg TAN Pheng Hock’s first year on the job as chief executive of main-board-listed Singapore Technologies Engineering can probably best
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      Lock icon Putting Mencast into higher gear
      1462 6  -  CEO Glenndle Sim wants the offshore marine solutions provider to reach $1 billion in market capitalisation by 2020, reportsANDREA ENTERPRISE OF THE YEAR ANDREA SOH IT was a boat that Glenndle Sim had not wanted to board. The prospects of joining his father in a
      PHOTO: YEN MENG JIIN  -  1,462 words
    • Article
      Lock icon Filling the big shoes of his father
      571 6  -  By ANDREA SOH sandrea@sph.com.sg HIS father’s shoes were enormous ones to fill. A man of his word, Mencast founder Sim Gok Hian built up such a strong reputation, clients did not mind giving the firm a chance when it expanded into new business
      571 words
    • Article, Illustration
      Lock icon Feeding into the China consumer story
      1337 8  -  Leading McDonald’s operations in its fastest-growing market is both exciting and challenging for CEO Kenneth Chan, OUTSTANDING OVERSEAS CEO OF THE YEAR reportsANDREA ANDREA SOH AS A teenager, Kenneth Chan was a frequent sight at McDonald’s first branch at the Liat Towers. Today, at
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      Lock icon Keeping staff ‘forever young’
      404 8  -  By ANDREA SOH sandrea@sph.com.sg AS the man leading the charge for the fastest-grow-ing market for McDonald’s, Kenneth Chan’s job is no small one. That is why he is keen to set the expectations right at the outset, for his staff. “China is the fastest growth story
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    • Article, Illustration
      Lock icon Keeping family in the business
      1017 9  -  Succession planning plays a pivotal role in family businesses surviving and thriving past the third generation, says maya prabhu MAYA PRABHU The writer is managing director at Coutts Institute WHEN Confucius coined the ancient Chinese proverb “govern a family as you would cook a small
      PHOTO: REUTERS  -  1,017 words
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      Lock icon The promise of emerging markets
      1128 10  -  Singapore enterprises are well-placed to benefit from Asian emerging market growth provided they rise above tactical challenges and keep their eyes on the big picture, saysVISHNU SHAHANEY VISHNU SHAHANEY The writer is CEO of Asia and Singapore at ANZ SINGAPOREANS live in an incredibly diverse
      PHOTO: REUTERS  -  1,128 words
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      Lock icon Braving the Asean frontier
      1956 14  -  Prudence is still the order of the day for venturing into Asean emerging countries, despite the goal of regional economic integration of the Asean Economic Community in 2015, says Andrew ong ANDREW ONG The writer is a business development partner and he heads the regional operations
      ST FILE PHOTO  -  1,956 words
    • Article, Illustration
      Lock icon Gearing up for the Asean Economic Community
      1283 18  -  To grasp opportunities afforded by the plan to create a single market and production base, firms must start their planning now, says jeff pirie JEFF PIRIE The writer is the leader ofDeloitte South-east Asia’s Asean Economic Community initiative The Asean Economic Community (AEC)
      PHOTO: REUTERS  -  1,283 words
    • Article, Illustration
      Lock icon Adopting an open mindset to China’s reforms
      1652 22  -  Understanding the pressing issues, leadership mindset and policy responses would be key to success, saysCHRIS LEUNG CHRIS LEUNG The writer is senior economist of DBS Bank, Hong Kong THE economic influence of China on Singapore has been profound in the past decade. Last
      PHOTO: BLOOMBERG; Illustration: Ludwig Ilio; Source: DBS  -  1,652 words
    • Article, Illustration
      Lock icon Integrated reporting: a strategic view
      1569 24  -  The benefits from adopting the framework may outweigh the initial effort, say chen voon hoe and senthilnathan sampath CHEN VOON HOE, SENTHILNATHAN SAMPATH The writers are respectively Accounting and Financial Reporting Advisory leader; and associate director at PwC Singapore INTEGRATED Reporting is touted as the
      PHOTO: YEN MENG JIIN; Source: PwC  -  1,569 words
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      Lock icon Navigating the tax maze when venturing abroad
      1193 26  -  Proper planning before entering a foreign market is necessary to manage foreign tax risks, say harvey koenig and ho kah chuan HARVEY KOENIG, HO KAH CHUAN The writers are respectively partner, Enterprise Incentive Advisory, and director, Corporate Tax Advisory in KPMG Singapore GIVEN
      PHOTO: REUTERS  -  1,193 words
    • Article
      Lock icon Bringing out the best in a diverse and global workforce
      1086 26  -  By DILYS BOEY The writer is advisory partner at EY in Singapore. BUSINESS as we know it today has undoubtedly seen increased cross-border investments and greater integration of trade, culture and labour. In this globalised economy, growth, opportunities, competition and
      1,086 words
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      Lock icon Delivering success beyond S’pore
      1127 28  -  Cost savings from effective logistics systems allow businesses to be more competitive, says Herbert vongpusanachai HERBERT VONGPUSANACHAI The writer is managing director, DHL Express Singapore BENJAMIN Franklin famously said: “No nation was ever ruined by trade.” As businesses search for ways to increase their customer base
      PHOTO: REUTERS  -  1,127 words
    • Article, Illustration
      Lock icon A complex journey from farm to fork
      1049 30  -  These challenges require ‘whole of supply chain’ solutions which very often transcend national borders. BY BEVERLEY POSTMA The writer is executive director of Food Industry Asia. THERE are few places in the world where the importance of food trade and the complexity of
      PHOTO: REUTERS  -  1,049 words
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      380 1 From Popiah King to white knight Page 2 Adopting an open mindset to China’s reforms Page 22 Navigating the tax maze when venturing abroad Page 26 A VISIONARY WITH ACHIEVEMENTS TO MATCH FROM THE EXECUTIVE COMMITTEE, MANAGEMENT STAFF OF TEE YIH JIA GROUP CONGRATULATIONS TO OUR EXECUTIVE CHAIRMAN MR SAM
      380 words
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      222 3 A VISIONARY WITH ACHIEVEMENTS TO MATCH CONGRATULATIONS TO OUR EXECUTIVE CHAIRMAN, MR SA M GO I S EN G HUI BBM On being awarded THE BUSINESSMAN OF THE YEAR at The Singapore Business Awards 2014 FROM THE DIRECTORS, MANAGEMENT STAFF OF GSH Corporation Limited Listed on the Mainboard of the
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      41 5 A V I S I O N ARY WITH ACHIEVEMENTS TO MATCH BBM MR SAM GOI SENG HUI ON BEING AWARDED THE BUSINESSMAN OF THE YEAR AT THE SINGAPORE BUSINESS AWARDS 2014 FROM THE CHAIRMAN, DAVID TEOBBM(L) BOARD OF DIRECTORS OF
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      32 7 A VISIONARY WITH ACHIEVEMENTS TO MATCH BBM MR SAM GOI SENG HUI ON BEING AWARDED THE BUSINESSMAN OF THE YEAR AT THE SINGAPORE BUSINESS AWARDS 2014 FROM THE DIRECTORS, MANAGEMENT STAFF OF
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      45 9 A VISIONARY WITH ACHIEVEMENTS TO MATCH BBM MR SAM GOI SENG HUI ON BEING AWARDED THE BUSINESSMAN OF THE YEAR AT THE SINGAPORE BUSINESS AWARDS 2014 BEST WISHES FROM Sunny KohPBM 中华食品厂有限公司 Chinatown Food Corporation Pte Ltd
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      59 10 A VISIONARY WITH ACHIEVEMENTS TO MATCH T H E D I R E C TO R S L BBM MR SAM GOI SENG HUI ON BEING AWARDED THE BUSINESSMAN OF THE YEAR AT THE SINGAPORE BUSINESS AWARDS 2014 F RO M M A N AG E M E N T
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      20 10 CONGRATULATIONS TO SAM GOI SENG HUIBBM on being awarded at Singapore Business Awards 2014 Corporate Financial Communications Investor Relations/Media Relations
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      96 11 r ji t. y i il K ifli •.ill 1 m %Wi e 'V |:P*»P>': fc»i; m 'M Congratulations to Mr Tan Pheng Hoch on being named OUTSTANDING CEO OF THE YEAR Singapore Business Awards 2014 ■vX 'v-ip/p, Wk ip i k v> "/A W%Mk ■WmtMm i a i ST
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      83 12 / 13 Singapore Awards 2014 Mr Tan Pheng Hock President CEO ST Engineering Congratulations to OUTSTANDING CEO OF THE YEAR Mr Tan Pheng Hock President CEO, ST Engineering ff For his outstanding leadership and vision in diversifying ST Engineering into an integrated and globalised defence and engineering company, with rising revenues, a
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      29 14 A VISIONARY WITH ACHIEVEMENTS TO MATCH BBM MR SAM GOI SENG HUI ON BEING AWARDED THE BUSINESSMAN OF THE YEAR AT THE SINGAPORE BUSINESS AWARDS 2014 BEST WISHES FROM
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      37 15 A VISIONARY WITH ACHIEVEMENTS TO MATCH BBM MR SAM GOI SENG HUI K K FongPBM EXECUTIVE CHAIRMAN AT THE SINGAPORE BUSINESS AWARDS 2014 ON BEING AWARDED THE BUSINESSMAN OF THE YEAR BEST WISHES FROM Xpress Holdings Group
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      557 16 / 17 A VISIONARY WITH ACHIEVEMENTS TO MATCH K E Y M I L E S TO N E S CONGRATULATIONS TO 1969 Mr Sam Goi started a small electrical and mechanical engineering workshop with a $10,000 loan from his father. From just two workers, it grew to an outfit with 300
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      31 18 A VISIONARY WITH ACHIEVEMENTS TO MATCH AT THE SINGAPORE BUSINESS AWARDS 2014 BBM MR SAM GOI SENG HUI ON BEING AWARDED THE BUSINESSMAN OF THE YEAR BEST WISHES FROM Mr.LimWeiChing Ms.GwendolineChan
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      55 19 A V I S I O N ARY WITH ACHIEVEMENTS TO MATCH BBM MR SAM GOI SENG HUI ON BEING AWARDED THE BUSINESSMAN OF THE YEAR AT THE SINGAPORE BUSINESS AWARDS 2014 BEST WISHES FROM DATO’ JAYA J B TAN DATO’ KAMAL Y P TAN MEMBERS OF THE BOARD MANAGEMENT
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      115 20 / 21 across the aerospace, electronics, land systems and marine sectors serving customers in more than 100 countries XWA V i V m V 7a 'ii m j ■p m m ft W' i N Nv V X Congratulations to Mr Tan Pheng Hocfc on being named OUTSTANDING CEO OF THE YEAR
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      54 23 Singapore Awards 2014 ST Engineering This Award is a validation of ST Engineering. I firmly believe that an organisation's success is the sum of the excellence of its Board, management and staff Mr Tan Pheng Hoch President CEO ST Engineering C 1 Our heartiest congratulations (x DBS Living, Breathing Asia
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      42 25 Singapore Business Awards 2014 Tan Pheng Hock OUTSTANDING CEO OF THE YEAR for his vision and leadership in growing ST Engineering into a leading integrated engineering group. Singapore Awards 2014 V 1 ST Engineering m Our heartiest congratulations howden ST Asset Management
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      58 27 a r r E) WE NAVIGATE A COMPLEX WORLD IN SEARCH OF OPPORTUNITIES. ST Engineering is an engineering group that provides smart solutions. We innovate, integrate and customise emergent technologies for the defence, government and commercial industries. We constantly explore fresh ways of adding value to offer the best for
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      42 28 A VISIONARY WITH ACHIEVEMENTS TO MATCH BBM MR SAM GOI SENG HUI ON BEING AWARDED THE BUSINESSMAN OF THE YEAR AT THE SINGAPORE BUSINESS AWARDS 2014 BEST WISHES FROM UNION STEELHOLDINGS LIMITED 友联钢铁控股有限公司
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      38 29 Singapore Business Awards 2014 V r k .\i I r r r r r i i 1 5? fr?. -S x DBS Living, Breathing Asia BEST WISHES FROM OUR PARTNERS Standard k Chartered SS #A. DYMON ASIA HELICONIA
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      31 30 A VISIONARY WITH ACHIEVEMENTS TO MATCH BBM MR SAM GOI SENG HUI ON BEING AWARDED THE BUSINESSMAN OF THE YEAR AT THE SINGAPORE BUSINESS AWARDS 2014 BEST WISHES FROM YAMADAGREENRESOURCES LIMITED
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      32 31 A VISIONARY WITH ACHIEVEMENTS TO MATCH BBM MR SAM GOI SENG HUI ON BEING AWARDED THE BUSINESSMAN OF THE YEAR AT THE SINGAPORE BUSINESS AWARDS 2014 FROM THE DIRECTORS, MANAGEMENT STAFF OF
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      190 32 AVISIONARY WITH ACHIEVEMENTS TO MATCH CONGRATULATIONS TO OUR EXECUTIVE CHAIRMAN MRSAM GOI SENG HUI bbm On being awarded THE BUSINESSMAN OF THE YEAR at The Singapore Business Awards 2014 FROM THE MANAGEMENT STAFF OF YANGZHOU JUNHE REAL ESTATE GROUP PROVIDING QUALIT Y LIFEST YLE-CENTRIC LIVING SPACES Mr Sam Goi is
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