The Business Times, 18 January 2012
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2012-01-18
1
30
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section25 2012-01-18 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Wednesday, January 18, 2012G25 words
-
1068 2012-01-18 1 EMILYN YAP - Politics is getting complex, other opportunities abound and pay cuts will play a part By EMILYN YAP [SINGAPORE] Singapore has to be pragmatic about paying for talent, and not take a chance on the belief that the spirit of public service will1,068 words
-
700 2012-01-18 1 SIOW LI SEN - Each bank decides on and implements security steps for ATMs independently By SIOW LI SEN [SINGAPORE] Banks here differ widely in how they tackle ATM security, but there are signs that the Monetary Authority of Singapore (MAS) may be pushing700 words
-
MARKETS DIGEST
-
Article32 2012-01-18 1 SINGAPORE MALAYSIA 538 6.SS HONG KONG 5.00 INDONESIA TAIWAN 14 SCO 5 03G JAPAN 1.4 75 KOREA 9.33 BRITAIN 0.50 US 3.25 Canada j.00 SWITZERLAND INDIA oil) MTS Source: Bloomberg32 words
-
Article110 2012-01-18 1 GST INDEX 2,815.85 (+59.36) GST INDEX FUTURES 2,815 (+59) GSIMSCI 322.25 (+7.02) GSIMSCI FUTURES 321.50 (+6.80) us$ s$ US$ (S$ per US$) 1.283 (US$/S$ per 1.537 1.973 EURO (US$/S$/E) 1.277 1.638 Foreign currency per US$ S$ YEN 76.60 59.70 RM 3.125 2.436 HK$ 7.767 6.053 BAHT 31.78 24.77 RUPIAH110 words
-
-
Page 1 Advertisements
-
Advertisement11 2012-01-18 1 TRANSPORT HUB Parallel imports skid to a new low PAGE 2211 words
-
Advertisement14 2012-01-18 1 PROPERTY Traders hotel to rise on former Phoenix Hotel site PAGE 10 *****1 *****414 words
-
Advertisement214 2012-01-18 1 OCBC CEO David Conner to retire; Samuel Tsien to take over page 2 EXEC MONEY Retirement: How much is enough? PAGE 28 Eurozone’s Greek burden gets heavier OPINION I PAGE 19 I is ■*N pi f \'Jt vvf r \T ilV- f^s I I, V x V 71 i IS214 words
-
Advertisement7 2012-01-18 1 Ministerial pay debate: More reports, Page 57 words
-
-
TOP STORIES
-
681 2012-01-18 2 VIRGINIE MANGIN - Despite a minor slowdown in Q4, economy appears fairly resilient By VIRGINIE MANGIN By in Beijing THOUGH the Chinese economy grew at its slowest pace since 2002, it still expanded 9.2 per cent in 2011 and 8.9 per cent in the last quarter,681 words
-
Article, Illustration514 2012-01-18 2 JOYCE HOOI - Samuel Tsien takes over from April 15 By JOYCE HOOI [SINGAPORE] OCBC Bank chief executive officer David Conner will be retiring on April 14 after almost a decade with the bank, the bank said yesterday. Samuel Tsien, global head, Global Corporate Bank, will succeed514 words
-
THREE-MINUTE DIGEST
-
38 2012-01-18 2 BANKS in Singapore differ widely in how they tackle ATM security, but there are signs that the Monetary Authority of Singapore may be pushing the industry to enhance protection for customers.38 words
-
80 2012-01-18 2 THOUGH the Chinese economy grew at its slowest pace since 2002, it still expanded 9.2 per cent in 2011 and 8.9 per cent in the last quarter, dissipating fears of a hard landing. And though the Chinese economy still shows some structural weaknesses80 words
-
58 2012-01-18 2 THE global economic outlook for 2012 may be gloomy and the local one muted but investment into Singapore in the coming year will be “sustained around 2011 levels”, said the Economic Development Board yesterday. It expects fixed asset investments to reach $13-$15 billion in 201258 words
-
36 2012-01-18 2 MARKET watchers and shareholders of China Sky Chemical Fibre expressed disappointment at the lack of information surrounding the sudden withdrawal of court action by the Singapore Exchange against China Sky.36 words
-
35 2012-01-18 2 SEVEN disgruntled shareholders of Goldtron Ltd have requisitioned the loss-making electronics manufacturer to convene an extraordinary general meeting, in a bid to oust and replace three existing directors.35 words
-
76 2012-01-18 2 THE Monetary Authority of Singapore laid another brick in its growing wall of regulation for financial services, as credit rating agencies became the latest to come under new licensing requirements and a code of conduct. Rating agencies have six months to apply for a76 words
-
-
Article, Illustration610 2012-01-18 4 CHUANG PECK MING - By CHUANG PECK MING [SINGAPORE] Singapore’s key non-oil domestic exports again confounded pri-vate-sector economists by not just extending growth in December, but also putting up a stronger showing. The NODX posted a 9 per cent jump year-on-year when the economists were looking toSource: IE S’pore - 610 words
-
756 2012-01-18 4 LYNN KAN - It expects fixed asset investments to reach $13-$15b, top last year’s $13.7b By LYNN KAN [SINGAPORE] The global economic outlook for 2012 may be gloomy and the local one muted but investment into Singapore in the coming year will756 words
-
712 2012-01-18 4 NEIL BEHRMANN - European traders take heart from Asian market rally By NEIL BEHRMANN in London THE surge of China and other Asian markets encouraged European traders to shrug off Standard Poor’s downgrade of the European Financial Stability Facility (EFSF) to AA+ from AAA. Issuance of short-term Spanish712 words
-
Article, Illustration628 2012-01-18 4 VIKRAM KHANNA - By VIKRAM KHANNA [SINGAPORE] The downgrading by credit rating agency Standard Poor’s of the European Financial Stability Facility (EFSF) on Jan 16 will make no difference to the facility’s lending capacity or effectiveness, according to Klaus Regling, CEO of the628 words
-
359 2012-01-18 4 CHUANG PECK MING - Bosses encouraged to consider other options to cut costs By CHUANG PECK MING [SINGAPORE] While the numbers are still not alarming, Deputy Prime Minister Tharman Shanmugaratnam has already warned that layoffs are likely to jump this year the second senior Cabinet359 words
-
-
Page 2 Advertisements
-
Advertisement2065 2012-01-18 2 the business timesweek nd www. usinesstimes.com. g| SEPTEMBER 24-25, 2011 S$1.00| MICA (P) 121/08/2011 the raffles conversation CAREER DIPLOMAT BARRYDESKER 12-13 cheap funds Local banks to slash savings rates DBS Bank, OCBC Bank and UOB will offer a mere 0.05 per cent come October, even as HSBC and Stanchart dish2,065 words
-
Advertisement22 2012-01-18 2 FRONT PAGE TOP STORIES, PAGE 2 TOP STORIES, PAGE 4 COMPANY NEWS, PAGE 6 COMPANY NEWS, PAGE 9 SINGAPORE NEWS, PAGE 1022 words
-
-
Page 3 Advertisements
-
Advertisement471 2012-01-18 3 Over 330 units sold) New Launch of London Tower Experience the integrated lifestyle. Be connected. 11 Your unique residences. Your creative office. The Hillier is located at one of Singapore’s most desirable districts in Hillview. Rising above H111V2, The Hillier blazes with two towers of distinction. Cutting-edge London Tower is471 words
-
-
Page 4 Advertisements
-
Advertisement43 2012-01-18 4 Mifl $5 Million Reunion Draw Group 1 Prize snowballed to $1,017,051 Draw on Fri, 20 Ian 2012,9.30pm For details, visit www.singaporepools.com.sg Ip Yri) Always play with care. [responsibly! Do not bet illegally. RGB Reg No: *****0202G Towards Community Purpose and Benefit SINGAPORE POOLS43 words
-
-
MINISTERIAL PAY DEBATE
-
Article, Illustration629 2012-01-18 5 CONRAD TAN - Making them a public spectacle could deter good people, he says By CONRAD TAN [SINGAPORE] Ministers must be accountable for their mistakes but their exits should not be made a public spectacle, lest this deter good people from entering politics, Prime629 words
-
896 2012-01-18 5 TEH SHI NING - Nair voices dissent with the basis of WP’s formula By TEH SHI NING [SINGAPORE] Members from opposing sides of the House saw a little more of the cut and thrust of parliamentary debate yesterday Day Two of discussions over proposed ministerial pay revisions. Vikram896 words
-
-
Page 5 Advertisements
-
Advertisement8 2012-01-18 5 KINOKUNIYA PROLOGUE MPH PAGE ONE HARRIS TIMES DUFRY8 words
-
-
COMPANY NEWS
-
747 2012-01-18 6 LYNETTE KHOO - Worry is, move may send wrong signals; with implications for S-chip governance BY LYNETTE KHOO MARKET watchers and shareholders of China Sky Chemical Fibre expressed disappointment at the lack of information surrounding the sudden withdrawal of court action by the Singapore Exchange747 words
-
Article, Illustration574 2012-01-18 6 GRACE LEONG - Existing rent review mechanism ‘still operable’, she says By GRACE LEONG A SINGAPORE High Court judge has denied an application by Starhill Global Reit for the court to set new retail rental rates with its master tenant, Toshin Development Singapore, in Ngee574 words
-
482 2012-01-18 6 LYNN KAN - Analysts see good fit for Sembmarine, Keppel Corp By LYNN KAN SEMBCORP Marine and Keppel Corporation may be in the running to pick up a majority 50.75 per cent share of Norwegian shipbuilder STX OSV. “We are doing some review on this,” a482 words
-
453 2012-01-18 6 RONNIE LIM - By RONNIE LIM CHINA Aviation Oil Singapore (CAO) is expanding its overseas trading network by acquiring jet fuel supply operations in Hong Kong and Delaware, USA, from parent China National Aviation Fuel (CNAF). This is in line with the parent’s453 words
-
Article, Illustration639 2012-01-18 6 JAMIE LEE - By JAMIE LEE NOBLE Group is watching for a build-up of counterparty risk but has dismissed the idea that a lack of risk management caused the surprise loss in its thirdquarter earnings, founder Richard Elman said here yesterday. The giant commoditiesBLOOMBERG - 639 words
-
498 2012-01-18 6 RONNIE LIM - Cause still unknown; two crew missing, all others evacuated By RONNIE LIM AN offshore jack-up rig the KS Endeavor, owned by Singapore-listed KS Energy which was exploring for oil off Nigeria for oil giant Chevron Corp, caught fire late on Monday.498 words
-
Article, Illustration343 2012-01-18 7 MICHELLE TAN - Revenue rises 15.7% to $127.3m while net income climbs 11.6% to $93.9m By MICHELLE TAN ASCENDAS Real Estate Investment Trust (A-Reit) saw better results for its third quarter ended Dec 31, 2011, on the back of increased rental income arising from the completion343 words
-
322 2012-01-18 7 KELLY TAY - By KELLY TAY K-GREEN Trust posted a net profit of $16 million for the year ended Dec 31, 2011, 17.3 per cent higher than its projection of $13.6 million. Distribution per unit (DPU) for the second halfyear of 2011 was 4.69 cents, 8.8 per cent322 words
-
321 2012-01-18 7 MICHELLE TAN - By MICHELLE TAN HAVING a good-quality sponsor and a conservative gearing profile are big pluses for Singapore real estate investment trusts (S-Reits) especially in tumultuous times, said Fitch Ratings yesterday. Last September, S-Reits maintained a low average gearing of about 33 per cent321 words
-
Article438 2012-01-18 7 MICHELLE TAN - By MICHELLE TAN K-REIT Asia yesterday posted improved results for the fourth quarter ended Dec 31, 2011, on the back of higher contributions from associates and higher interest income. Property income for the office Reit was $22.6 million in Q4, up $1.3 million or 5.9438 words
-
309 2012-01-18 9 KELLY TAY - Seven shareholders put up own slate of candidates for board seats By KELLY TAY SEVEN disgruntled shareholders of Goldtron Ltd have requisitioned the loss-making electronics manufacturer to convene an extraordinary general meeting (EGM), in a bid to oust and replace three existing309 words
-
Article, Illustration639 2012-01-18 9 Offer of $1,155.52 psf ppr is 20.5% above closest rival’s A 70:30 Singapore Press Holdings and United Engineers tie-up has emerged as the top bidder for a shopping centre site at the corner of Sengkang West Avenue and Fernvale Road with639 words
-
290 2012-01-18 9 ONE suitor has pulled out of the running for SMB United; Hong Kong-listed Boer Power Holdings, which was the first of two companies to make a bid for SMB, has decided to bow out. This leaves just Tokyo-listed Osaki Electric Co which swooped290 words
-
322 2012-01-18 9 BRYAN KOH - By BRYAN KOH DESPITE a positive start to the year by the Singapore stock market, analysts and brokers are cautiously optimistic whether such a trend could be sustained in the long run. In the first two weeks of 2012, the Straits Times Index322 words
-
400 2012-01-18 9 JOYCE HOOI - By JOYCE HOOI ANALYSTS found little cause for excitement in M1’s full-year results that were released on Monday, with earnings falling just a hair short of some expectations and the outlook for the year ahead being a guarded one. Full-year net profit came in at400 words
-
-
Page 7 Advertisements
-
Advertisement192 2012-01-18 7 Should a legend like the LANGE 1 be reinvented? That’s what makes it a legend. «/«A Yd r.\ H'OCH j3GKE GLASHUTTE VSA The LANGE 1 received so many high-ranking awards, in particular for its asymmetric dial and the patented outsize date that its reputation among connoisseurs is nothing short of192 words
-
-
SINGAPORE MARKETS
-
Article, Illustration612 2012-01-18 8 R SIVANITHY - Benchmark index increases 59 points, as banks and Jardine group make gains STOCKS R SIVANITHY Senior Correspondent ECONOMIC numbers released here and in China helped the Straits Times Index (STI) to a 59.36-point or 2.2 per cent rise to 2,815.85 yesterday, led largely throughSource: Bloomberg - 612 words
-
Article66 2012-01-18 8 Jan 17 VALUE CLOSE BT OB/OS 498.00 +13.0 BT CADI -*****.00 +211.0 BT 10-day MA -*****.00 +49.00 FTSE ST Mid Cap 629.68 +8.93 FTSE ST Small Cap 421.12 +5.86 FTSE ST All Share 676.49 +13.23 FTSE ST China Top 204.62 +4.00 FTSE ST China 235.62 +3.88 FTSE66 words
-
Article186 2012-01-18 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 12 1 3 0 0 0 12 1 3 Manufacturing 76 22 39 3 6 6 79 28 45 Commerce 31 14 10 3 2 4 34 16 14 Tpt/Stor/Comms 22 8 10186 words
-
Article, Illustration458 2012-01-18 8 Keppel Corp Positive and rising The stock is up 12% from the $9.30 level at the start of the year. OBV (On-Balance Volume) has risen in tandem, a sign that investors remain interested in the long position. Price has staged a breakout above the key458 words
-
Article121 2012-01-18 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 24,560 24,560 91,964 91,964 Manufacturing 248,450 4,636 253,086 196,574 111 196,686 Commerce 197,144 3,563 200,707 245,432 432 245,863 Tpt/Stor/Comms 153,470 25,173 178,643 225,039 3,373 228,412 Finance 18,892 5 18,897 190,386 1 190,387 Construction 85,642 1,255121 words
-
Article112 2012-01-18 8 Stock name Close Change Stock name Close Change CapMallsAsia 1.295 +0.055 CapitaLand 2.420 +0.070 CapitaMall 1.750 +0.020 CityDev 9.350 +0.080 ComfortDelGro 1.440 DBS Grp 12.890 +0.340 F&N 6.540 +0.210 GLP 1.875 +0.070 Genting SP 1.555 +0.040 Golden Agri 0.740 +0.015 HK Land 4.900 +0.080 JMH 51.270112 words
-
Article, Illustration496 2012-01-18 8 CURRENCIES Reuters [LONDON] The euro rose for the first time in three trading sessions yesterday, while commodity currencies advanced, bolstered by a better-than-ex-pected German economic sentiment survey and robust Chinese data, all of which stoked risk appetite. Strong demand at a SpanishReuters; BLOOMBERG - 496 words
-
Article60 2012-01-18 8 VOLUME Noble Grp 142,666,000 Genting SP 110,801,000 GMG Global 74,326,000 Golden Agri 69,680,000 IEV 68,803,000 Yangzijiang 36,903,000 Midas 29,110,000 SingTel 28,171,000 HPH Trust US$ 23,949,000 *Genting HK US$ 23,619,000 VALUE($) Genting SP 170,619,280 Noble Grp 164,555,330 SingTel 87,903,390 Keppel Corp 70,391,310 DBS Grp 63,027,620 UOB 58,736,640 Golden60 words
-
Article113 2012-01-18 8 BY CENTS CLOSE UP GLD 10US$ ***** 214.2 1.0 DBXT Nifty 10US$ 9692 207.8 1.7 DBXT MSKorea 10US$ 5379 203.9 3.0 JMH 5127 202.7 3.2 DBXT FTChina25 10US$ 2794 134.7 3.9 Jardine C&C 5100 120.0 2.4 Lyxor China H 10US$ 1400 87.2 5.1 IS MSCI Spore 1168 69.3 4.8113 words
-
Article128 2012-01-18 8 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 4017 -42.3 -0.8 Total Access 206 -29.5 -10.0 OCBC Bk 5.1%NCPS 100 ***** -18.0 -0.2 DBXT MSJAP 10US$ 3495 -12.8 -0.3 OCBC Bk 4.5%NCPS 100 ***** -10.0 -0.1 APStrategic 66 -9.0 -12.0 DairyFarm 960 -6.4 -0.5 DBS BP ePW*****2 15 -6.0128 words
-
-
Page 9 Advertisements
-
Advertisement301 2012-01-18 9 (Business Trust Registration No. *****02) (Constituted in the Republic of Singapore as a business trust pursuant to a trust deed dated 23 July 2009 (as amended)) Notice of Books Closure Date Distribution Payment Date Notice is hereby given that the Unit Transfer Books and Register of Unitholders of K-Green Trust301 words
-
Advertisement91 2012-01-18 9 Only 19 fabulous bungalows for the discerning few For enquires: (65)*****869 (65)*****329 (86) 10 *****672 www.pearlisland.com.sg info@ximengland.sg Artist's impression Developer: Ximeng Land (S) Pte Ltd Developer Licence C0590 Leasehold 99 years Expected date of delivery of vacant possession 3 Mar 2013 Expected date of legal completion 3 Mar 2016 Lot91 words
-
-
SINGAPORE NEWS
-
438 2012-01-18 10 KENNETH LIM - Individual analysts must be licensed, meet education requirements By KENNETH LIM THE Monetary Authority of Singapore has laid another brick in its growing wall of regulation for financial services, as credit rating agencies became the latest to come under new licensing requirements438 words
-
Article, Illustration379 2012-01-18 10 KALPANA RASHIWALA - By KALPANA RASHIWALA THE new 512-room hotel that will rise on the former Hotel Phoenix and Specialists’ Centre site on Orchard/Somerset roads will be managed by Shangri-La group under its Traders brand, BT understands. This will be the second Traders hotel inFILE PHOTO - 379 words
-
Article145 2012-01-18 10 LESLEY TEOH - By LESLEY TEOH JTC Corporation yesterday launched a public tender inviting interested parties to undertake piling works for the construction of MedTech 1. MedTech 1 is the first facility to be built in Phase One of the 7.4 hectare MedTech Hub development that is situated145 words
-
177 2012-01-18 10 FIRST-time application rates for Built To Order flats (BTO) is currently 1.5, similar to the rate of 1.6 in the November BTO. Citing these figures on his blog yesterday, National Development Minister Khaw Boon Wan noted that first-time BTO flat buyers are177 words
-
537 2012-01-18 10 CHUANG PECK MING - By CHUANG PECK MING SOME light has pierced through the dark clouds hanging over the job market. After dropping in the past three quarters, hiring expectations show a small rise in the current quarter (Q1 2012), according to recruitment firm Hudson. Some537 words
-
477 2012-01-18 10 MINDY TAN - By MINDY TAN THE residential component of Watertown, a mixed-use project in Punggol, will be hitting the market this Chinese New Year, with an indicative pricing of $1,080 per square foot (psf). The pricing reflects a built-in discount, which will take477 words
-
Article, Illustration2015 2012-01-18 11 Post-financial crisis, maintaining large cash reserves and maximising the efficiency of working capital have taken on new importance for most companies A SPECIAL FEATURE IN the post-financial crisis world, cash is king. That lesson was learned during 2008 and 2009, when companies failed or survived dependingSTOCK.XCHNG - 2,015 words
-
-
Page 10 Advertisements
-
Advertisement150 2012-01-18 10 eg m 2>; c< T\\ i |J»jL«r^ *»2 V/i 4* fSS» S'«K ?38 I 59 E SSSSS RSS Si as Sdl® JSlESB sfr^vvi 3SU < JS) *uO m. iTJjS A H i?p 6 Authentic Teochew Raw FisK S Prosperity Set Menus. Winning the toss for great New Year dining. When150 words
-
-
Page 11 Advertisements
-
Advertisement16 2012-01-18 11 This is the second of a four-part series on global transaction services brought to you by16 words
-
-
ECONOMY WATCH
-
Article, Illustration1980 2012-01-18 12 Falling trading revenue, eurozone debt crisis, stricter Basel rules prompt banks to exit capital-intensive activities, slash jobs Bloomberg [LONDON] ONDON’S Square Mile is shrinking faster than any financial centre in the world. Having fired more employees than in any other country last year, the capital’s banksBloomberg; REUTERS - 1,980 words
-
-
Page 12 Advertisements
-
Advertisement20 2012-01-18 12 913FM TODAY’S BEST MUSK SINGAPORE’S HOTTEST MORNING SHOW •Pvi«*.c) of s m ANDREHDEDENI THE MARRIED MEN WEEKDAYS BAM TO 1QAM20 words
-
-
MALAYSIA/INDONESIA
-
499 2012-01-18 13 But ratings agency raises concern about banking system, shallow debt market Reuters [JAKARTA] Fitch Ratings expects Indonesia’s foreign currency reserves to sustain their growth, but the ratings agency voiced concerns about the shallow debt market and the banking system, which could threaten investor confidence.Reuters - 499 words
-
250 2012-01-18 13 Reuters [JAKARTA] Indonesia’s central bank said yesterday it was lowering the floor of its interbank overnight rate, a move seen by some economists as implicit policy easing to boost bank lending and ward off the chill from the global economic downturn. “This isReuters - 250 words
-
507 2012-01-18 13 S JAYASANKARAN - By S JAYASANKARAN in Kuala Lumpur A POSTPONEMENT of stricter capital management rules by Bank Negara Malaysia and a move towards a new “fair value” accounting system has resulted in the rerating of the country’s Public Bank by a research house because of507 words
-
-
Page 13 Advertisements
-
Advertisement340 2012-01-18 13 MW Wine, 7 J >- Usher in the dragon year with exquisite feasts and a tempting accommodation package. Festive indulgence (9 January to 6 February 2012) Savour an enticing reunion feast at Hai Tien Lo. Menus start from S$98++ per person. Prosperity and longevity (9 January to 6 February 2012)340 words
-
-
GREATER CHINA
-
Article, Illustration558 2012-01-18 14 As govt maintains curbs, H1 growth set to fall below 10%, from 12.3% in Dec Reuters [BEIJING] Annual growth in real estate investment in China, a main driver of the economy, slowed in December to its lowest pace in a year, fallingReuters; REUTERS - 558 words
-
458 2012-01-18 14 AFP [BEIJING] China yesterday said the number of people living in cities exceeded the rural population for the first time, a historic shift that experts said would put a strain on society and the environment. Urban dwellers now represent 51.27 per centAFP - 458 words
-
382 2012-01-18 14 It raises net open position limit for yuan to 20% Bloomberg [HONG KONG] The Hong Kong Monetary Authority (HKMA), seeking to promote the city as China’s main offshore currency centre, relaxed yuan capital requirements for local banks yesterday following a jump in funding costsBloomberg - 382 words
-
520 2012-01-18 14 Banks’ profits risk being hit by rising loan losses Reuters [BEIJING] Bad debts in China’s banks painfully expose the shortcomings of an archaic financial system geared to lend to the beck and call of government economic policy, rather than when it is profitable. The cruxReuters - 520 words
-
524 2012-01-18 14 Bloomberg [SHANGHAI] Shanghai, China’s financial hub, has signalled the delay of its international board two months after the city’s stock exchange said it was ready to allow overseas companies to list in the world’s third-biggest equity market. The timing isn’t right to startBloomberg - 524 words
-
-
Page 14 Advertisements
-
Advertisement107 2012-01-18 14 Wherever you go, never miss out on the stock market action with ShareInvestor Mobile Download forFREEfrom Apple Apps store for iPhone, iPad users and Android Market for Android users. Get it now. Scan QR Code with your mobile and learn more about our application.* Android iPhone You will need to107 words
-
Advertisement70 2012-01-18 14 Valentine’s Promotion Subscribe to Shape and Men’s Health! FREE six issues when you sign up for 12 issues at only $72! PLUS Win a pair of Ingersoll watches* worth $1,148 when you subscribe! Three pairs (Ingersoll Corondo for him, worth $559 each, and Ingersoll Baton Rouge for her, worth $58970 words
-
-
WORLD
-
Article, Illustration696 2012-01-18 15 But roles played by KPMG and Ernst Young still under official review Reuters [TOKYO] An unofficial panel of experts cleared global accounting groups KPMG and Ernst Young of any responsibility for a US$1.7 billion accounting fraud at Japan’s Olympus Corp yesterday, althoughReuters; REUTERS - 696 words
-
884 2012-01-18 15 Koobface gang has made millions with Facebook malware NYT [NEW YORK] Five men believed to be responsible for spreading a notorious computer worm on Facebook and other social networks and to have pocketed several million dollars from online schemes are hiding in plainNYT - 884 words
-
Article, Illustration489 2012-01-18 15 Bloomberg [LONDON] Sales of consumer electronics from smartphones to digital cameras will exceed US$1 trillion for the first time this year, driving tin consumption higher just as stockpiles of the metal slump to a 33-month low. Demand will outpace supplyBloomberg; AP - 489 words
-
620 2012-01-18 15 Opponents say bill will undermine free speech, innovation Reuters [WASHINGTON] US legislation aimed at curbing online piracy, which had appeared to be on a fast track for approval by Congress, appears likely to be scaled back or jettisoned entirely in theReuters - 620 words
-
331 2012-01-18 16 Reuters [LONDON] British inflation fell sharply in December, supporting Bank of England (BOE) forecasts for a hefty decline in 2012, due to lower fuel prices and high-street clothes discounting, official data showed yesterday. The Office for National Statistics (ONS) said consumer price inflationReuters - 331 words
-
Article, Illustration732 2012-01-18 16 Group also said it would add a record 26,000 employees this year Reuters [SEOUL] Samsung Group, which includes Samsung Electronics Co, said yesterday that it is raising its 2012 investment to a record US$41.4 billion, underscoring the widening gulf between the dominant South Korean conglomerateReuters; BLOOMBERG - 732 words
-
Article, Illustration711 2012-01-18 16 Reuters [SYDNEY] Asian and US companies racing to snap up coal, iron ore and uranium assets to meet booming demand for power and steel making will give dominant Chinese buyers a run for their money in what’s likely to beReuters - 711 words
-
615 2012-01-18 16 Carbon capture storage projects slowing in Europe NYT [MADRID] The European Union’s long-term energy plans to abate global warming while still burning fossil fuels hinge on proposals to capture carbon dioxide emissions and store them in deep underground rock formations. Yet weak support for the untested technology is putting EuropeNYT - 615 words
-
Article, Illustration520 2012-01-18 16 Millionaires like idea but 49% say they’re not rich enough Bloomberg [NEW YORK] Millionaires said they support Warren Buffett’s view that the wealthiest should pay more in taxes, as long as it’s some other rich American, according to a survey releasedBloomberg - 520 words
-
Article, Illustration567 2012-01-18 17 Increase suggests that the nation remains resilient to the eurozone crisis AFP [BERLIN] German investor confidence rose sharply in January, a closely watched survey showed yesterday, suggesting that Europe’s top economy remains resilient to the crisis causing chaos in the eurozone. The ZEW think-tank’s economicAFP; REUTERS - 567 words
-
606 2012-01-18 17 JASMINE NG - Most will cut costs by reducing travel expenses instead By JASMINE NG WHILE Asian companies are more cautious this year, few have made plans for a recession, the Economist Corporate Network (ECN) says in a report. In its latest Asia Business606 words
-
WORLD BRIEFS
-
87 2012-01-18 17 AFP [ATHENS] Greece raised 1.625 billion euros (S$2.7 billion) at a short-term debt sales yesterday, with the rates paid to investors easing slightly to 4.64 per cent from 4.68 per cent at a previous auction in December, the government said. Debt-stricken GreeceAFP - 87 words
-
117 2012-01-18 17 Bloomberg [HONG KONG] AIA Group asked four investment banks to advise it on a potential offer for ING Group NV’s Asian business, a purchase that may be valued at more than US$6 billion, said people with knowledge of the matter.Bloomberg - 117 words
-
123 2012-01-18 17 AFP [NEW YORK] US banking giant Citigroup yesterday said it posted a profit of US$11.3 billion in 2011, slightly more than the year before. “Overall, we made solid progress in 2011,” said Vikram Pandit, Citi’s chief executive officer, noting that profit wasAFP - 123 words
-
59 2012-01-18 17 Bloomberg [PARIS] Michael Mussa, the International Monetary Fund’s chief economist through most of the 1990s, died. He was 67. Mr Mussa oversaw the Washington-based IMF’s research division and crafted its economic forecasts from 1991 until 2001, a period in which the lender’s influence overBloomberg - 59 words
-
-
Article, Illustration654 2012-01-18 17 JAMIE LEE - By JAMIE LEE in Hong Kong AUSTERITY measures in the West, like the medieval medical practice of blood letting, are leading to the eventual death of the euro, said Nobel laureate and economist Joseph Stiglitz yesterday. He pointed to the case of Greece, where654 words
-
-
Page 17 Advertisements
-
Advertisement1140 2012-01-18 17 WATS NOTICES In The Matter Of The Companies Act, Cap. 50 And In The Matter Of GREAT SHIPMANAGEMENT PTE LTD (Company Registration No. *****2683W) (In Creditors’ Voluntary Liquidation) Notice of Resolution At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held on the 12th1,140 words
-
-
EDITORIAL & OPINION
-
471 2012-01-18 18 EDITORIAL LAST Friday’s downgrading by ratings agency Standard Poor’s (S&P) of the sovereign credit ratings of nine eurozone countries including France, Italy and Austria while not unexpected, is yet another flashing warning that the eurozone crisis is creeping from the zone’s periphery to the core.471 words
-
Article, Illustration790 2012-01-18 18 FRANK CHING - THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 THE re-election of Ma Ying-jeou was welcomed in China and brought a collective sigh of relief in the world’s capitals, with congratulations790 words
-
Article, Illustration1253 2012-01-18 18 LEON HADAR - Republicans seem to be more attracted to his rivals’ economic and foreign policy agenda LEON HADAR Washington Correspondent THE leading presidential candidates of the political party are blasting Wall Street private equity executives as “vultures” who are destroying the livelihood of economically distressedAFP - 1,253 words
-
Article, Illustration1225 2012-01-18 19 CHRIS WOO, LIM HWEE SENG - Gains that are seen to be revenue or income in nature are taxable, and the taxpayer must prove the nature of his gains By CHRIS WOO LIM HWEE SENG Chris Woo is the head of the mergers and acquisitions tax practice at PwC LLPFILE PHOTO - 1,225 words
-
Article, Illustration956 2012-01-18 19 HUGO YOUNG - fill REUTERS BREAKINGVIEWS •iv.' i* By HUGO YOUNG Reuters WATCH Athens more than Standard Poor’s. The biggest source of immediate trouble for the eurozone could be the one country the ratings agency didn’t examine in a review that led to the downgrade of France andReuters - 956 words
-
-
TransportHUB
-
Article, Illustration885 2012-01-18 20 DAVID HUGHES - Premature judgment on the Costa Concordia disaster could lead to knee-jerk responses STRAIT TALK By DAVID HUGHES IT IS still unclear how many people died in last Friday evening’s cruiseship disaster off Italy. At the time of writing, the figures seem to be six confirmedAP - 885 words
-
365 2012-01-18 20 Clean-tanker rates seen falling to 2012 lows on oversupply Reuters [SINGAPORE] Rates for dirty tankers on key Asian freight routes are expected to surge over the next week on rising shipping demand to transport Middle East crude ahead of ChineseReuters - 365 words
-
496 2012-01-18 20 Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, fell to its lowest in nearly three years as the market continued to struggle with surplus vessels and sluggish cargo demand. The overall index onReuters - 496 words
-
409 2012-01-18 20 Bloomberg [LONDON] Suezmaxes, hauling about one million barrels of oil, are poised for their worst year in more than a decade as the biggest contraction in US East Coast refining in at least 20 years means less cargo on their largest trade route.Bloomberg - 409 words
-
595 2012-01-18 20 Reuters [LONDON] Wrecked cruiseliner Costa Concordia could turn out to be the biggest insured loss in maritime history, analysts and industry experts say, with some suggesting insurers and mutual societies could end up shouldering US$1 billion in losses. The Costa Concordia, aReuters - 595 words
-
Article264 2012-01-18 20 SGX '000 Jan 17 S$ +/-Vol CH Offshore 0.37 0.01 68 Chuan Hup Hldg 0.21 unch 10 Cosco Corp 1.03 0.06 ***** S$ Ezra Hldgs 0.98 0.03 8027 First Ship Lea 0.30 0.01 844 Freight Links 0.06 unch 502 Grand Banks 0.19 -0.01 1 Jaya Hold Ltd 0.47264 words
-
-
TRANSPORT HUB: AVIATION
-
Article, Illustration472 2012-01-18 21 VEN SREENIVASAN - It delivers 534 commercial aircraft and books 1,419 net orders By VEN SREENIVASAN AIRBUS declared 2011 the most successful in the company’s history after delivering 534 commercial aircraft to 88 customers (including 10 new ones) and booking 1,419 net orders. And 2011 alsoREUTERS - 472 words
-
459 2012-01-18 21 Reuters [TOKYO] Japan’s Sumitomo Mitsui Financial Group (SMFG) and Sumitomo Corp are buying the air-craft-leasing business of Royal Bank of Scotland in a deal worth US$7.3 billion, in the most aggressive acquisition by a Japanese lender since European banks began offloading non-core assets.Reuters - 459 words
-
Article, Illustration481 2012-01-18 21 Airline seen facing challenges from new low-cost carriers Bloomberg [TOKYO] Japan Airlines Co named Yoshiharu Ueki president as it prepares to sell shares to the public this year and faces challenges from new low-cost carriers after emerging from bankruptcy protection last March. Mr Ueki,Bloomberg; AFP - 481 words
-
450 2012-01-18 21 Reuters [CHICAGO] Increased production of biofuels by US farmers for the aviation industry could reduce American dependence on foreign oil, create jobs in impoverished rural communities and give embattled airlines an alternative to costly jet fuel, the head of the US Agriculture DepartmentReuters - 450 words
-
367 2012-01-18 21 Reuters [NEW DELHI] India may decide in the next two weeks whether the Eurofighter consortium or France’s Dassault has won a contract for fighter jets, N A K Browne, chief of the Indian Air Force said, in a deal potentially worth about US$10Reuters - 367 words
-
-
Page 21 Miscellaneous
-
Miscellaneous329 2012-01-18 21 CRYPTIC CROSSWORD Across: 2 Excess fat gets bras out of shape and causes astonishment (12) 8 Grim smell with no discernible origin (4) 9 Make a mental note of list (8) 10 Area with no boundaries note to call on the way to bed (8) 11 Confirm shaft must contain329 words
-
-
TRANSPORT HUB: LAND
-
490 2012-01-18 22 SAMUEL EE - Grey imports fall 48.2% last year to 2,346 units or 8.3% of total new cars By SAMUEL EE BMW and Mercedes-Benz parallel imports (Pis) raced ahead of the field in 2011 even as the grey market skidded to its lowest level in a490 words
-
Article, Illustration509 2012-01-18 22 Wagon version of iconic car to be sold in the US next year Bloomberg [DETROIT] After a disappointing return to the North American market following a 30-year hiatus, Fiat may get a boost with a new wagon version of its iconic 500 subcompact.Bloomberg; AP - 509 words
-
Article, Illustration400 2012-01-18 22 AP [KUALA LUMPUR] Auto sales in Malaysia fell unexpectedly by 0.9 per cent in 2011 but will rebound to grow a modest 2.5 per cent this year, underpinned by a robust domestic economy, an industry group said yesterday. Sales fell toAP; REUTERS - 400 words
-
191 2012-01-18 22 Reuters [FRANKFURT] BMW on Monday said it has launched a global recall of 235,500 mini vehicles, a step taken by the German auto maker because electronic circuit boards could overheat and cause a vehicle fire. A spokesman for the company said the recall wasReuters - 191 words
-
615 2012-01-18 22 Bloomberg [SHANGHAI] Chinese tastes, such as larger back seats, are increasingly dictating global automotive design. General Motors Co (GM), which conceived the Chevrolet Sail in Shanghai, will offer the sedan in India this year, and already sells it inBloomberg - 615 words
-
290 2012-01-18 22 Bloomberg [HONG KONG] Kevin Zhang enlisted four friends in Beijing to help with hours of mouse-clicking on Sunday night. Their task booking his Chinese New Year train tickets. Mr Zhang needed more than 50 attempts to book seats online earlierBloomberg - 290 words
-
-
SINGAPORE STOCKS
-
Article3055 2012-01-18 23 Transaction date: Jan 17 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol Day Last Quote 112.5 92.5 AIMSAMPIReit 98.5 +0.5 86 98.5 98 98.5 99 2 9.9 437.23,055 words
-
Article331 2012-01-18 24 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 26331 words
-
Article7112 2012-01-18 24 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha Fund Cl A!** AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA Life Aberdeen Asset Mgt Asia Limited AXA Wealth Mat S'pore Pte Ltd Aberdeen Asset Mat Asia7,112 words
-
Article196 2012-01-18 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 49 25.5 Genting HK US$ US32.5 +1.5 ***** 33 31.5 32.5 33 2140 15 10 OGL Resources A$ A10 5 10.9 1.5 214 168 TanChongInt HK186 187196 words
-
Article851 2012-01-18 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 1261 856 CIMBAsean40 100US$ US970 +3 3 970 970 986 994 38.8 ***** ***** DBXT AUD Bonds 5AU$ A***** ***** ***** 45.9 ***** ***** DBXT AUDCS851 words
-
-
FINANCE & COMMODITIES
-
331 2012-01-18 25 nltiiiiMi u u l« lilt •^Mr "TT W Ik r>-»r (Mr iMn J*mr 0**T* •t 5jcn 7/ <|| f «1 1 7 t-r» frrn~~* if -n>* »C5 i i OJ Cl > 1 ••iii i oi w "> U 00 11 •1V O *1 •49331 words
-
Article107 2012-01-18 25 Jan 13 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 12 1160.00 1178.50 1185.25 1172.75 Mar 12 1158.25 1182.50 1194.50 1157.50 May 12 1167.75 1192.50 1204.50 1167.25 Jul 12 1177.75 1202.75 1214.75 1177.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jan 12 50.20107 words
-
Article77 2012-01-18 25 CRUDE OIL PRODUCTS Jan 16 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 111.61 1.02 WTI (Near Mth) 99.61 0.41 Dubai (1-Mth F) 108.70 -0.07 Tapis blend 117.99 -0.16 Minas 116.19 -0.16 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.94 -1.03 Jet Kerosene 127.05 -0.05 US$/barrel Opec Oil77 words
-
Article83 2012-01-18 25 Jan 17 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 19-Apr-12 0.34 0.29 0.28 1-Year BY*****W 01-Nov-12 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01-Jul-13 102.85 5-Year N*****0W 1.125 01-Apr-16 102.48 102.52 102.5283 words
-
Article448 2012-01-18 25 Jan 17 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar12 99.5300 0 2065 Jun12 99.4950 0 1882 Sep12 99.4650 0 991 Dec12 99.4500 0 628 EUROYEN TIBOR FUTURES Mar12 99.6550 0 1949 Jun12 99.6625 0 1440 Sep12 99.6600 0 711 Dec12 99.6575 0 115 Mar13 99.6500448 words
-
Article, Illustration114 2012-01-18 25 As on 16 January 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT FEB2012 1647.50 1636.50 1644.20 160 CURRENCY AUD-USD FUT MAR2012 1.0265 1.0196 1.0313 2830 EUR-USD FUT MAR2012 1.2691 1.2514 1.2662 ***** USD-JPY FUT MAR2012 76.79 76.65 76.77 3010 BASE METAL114 words
-
Article168 2012-01-18 25 Jan 17 SICOM RUBBER Futures (Closing prices) RSS 3(US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Feb 12 361.5 247 Mar 12 371.0 353.1 371.0 40 313 Apr 12 372.0 365.0 372.0 27 149 May 12 375.6 373.8 374.0 4 250 Jun 12 375.0 210168 words
-
Article66 2012-01-18 25 Jan 16 Aluminium, 99.7% Aluminium, purity(US$/tonne) Close Previous Cash 2127.50 2113.75 3 months 2163.00 2145.00 Copper, Grade A(US$/tonne) Cash 8077.00 7991.00 3 months 8089.00 8000.00 Lead(US$/tonne) Cash 2004.00 1986.50 3 months 2031.00 2011.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 366 words
-
Article80 2012-01-18 25 Jan 16 COCOA (£/tonne) Close Prev High/Low Mar 12 1481 1511 1516/1474 May 12 1494 1525 1529/1488 Jul 12 1507 1538 1539/1501 Sep 12 1520 1550 1551/1517 COFFEE(US$/tonne) Close Prev High/Low Jan 12 1839 1817 1835/1834 Mar 12 1854 1832 1858/1833 May 12 1884 1861 1882/1861 Jul 12 191280 words
-
1184 2012-01-18 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 130 33.00 28 Aztech Grp W*****3 0.2 unch 600 1 20 135 43.00 10 Baker Technology Ltd W*****6 3.8 1 32 35 6.97 10 Best1,184 words
-
Article470 2012-01-18 25 Jan 17 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.055 6.582 0.817 8.097 53.113 95.889 0.799 11.925 3.258 1.303 94.194 45.492 1.338 8.347 0.988 31.231 33.132 0.678 1.043 Canada 0.948 6.236470 words
-
Article68 2012-01-18 25 Jan 17 VIIUJ v^slVU f 511, ir j M»U4 l VWJ il'/MS |1 IU.IL MIIW .'I ■Huiau Kfa'-n ••♦uii t mOt^n tAtTBt !l VIIUJ •IfOMO »!>*>;(■' ImMM c '(Him r«» u v miiuj "WICU •UUi <«* iwnl II rh* j sru«.| i Tinmr o.ra»* SWW Mil) ial»t HSI CM~"M68 words
-
Article138 2012-01-18 25 Jan 17 GOLD(US$/oz) Jan 16 Jan 17 Hong Kong 1654.50 1666.50 Jan 17 Jan 13 Jan 16 London 1633.29 1643.09 1635.01 1644.20 Source: Thomson Reuters CAST BAR Jan 17 (S$) Selling Buying Kilobar "73,438.38" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 165 68 5gm 467 342 10gm138 words
-
Article64 2012-01-18 25 Jan 17 WEE PJLM FUTURES <RM'MT;, UeElefl Upenir*} Sell lAsntti Range Pnc* As Price H.oh Lxih Vot Done Open Positron fife li 31B».u H9S.« 201 U 3165 B m 7470 W=- '> 31*1? 0 3in,0 nun 31 MO 1317 7 3940 A;rl! 31*19,0 3161 0 1173 0 313*1064 words
-
Article24 2012-01-18 25 Source: SGX Derivatives Jan 17 Open High Sett STI Jan 2815.0 SIMSCI Jan 313.8 322.4 321.5 Taiwan Jan 256.1 260.8 260.624 words
-
Article155 2012-01-18 25 Jan 17 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3367 1.3387 1.0422 1.0429 Canadian dollar 1.2668 1.2683 0.9877 0.9880 Euro 1.6374 1.6388 1.2766 1.2767 NZ dollar 1.0257 1.0270 0.7997 0.8001 Sterling pound 1.9716 1.9737 1.5372155 words
-
Article22 2012-01-18 25 Jan 17 S$ Bid Offer 1-month 1.2826 1.2836 2-months 1.2825 1.2835 3-months 1.2822 1.2832 6-months 1.2804 1.2816 Source: OCBC22 words
-
Article121 2012-01-18 25 As at 9am Jan 17 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.362 1.298 Can dollar 1.29 1.241 Euro 1.665 1.601 Sterling pound 2.013 1.936 NZ dollar 1.054 1.004 US dollar 1.309 1.259 Local dollars to 100 units of foreign121 words
-
Article155 2012-01-18 25 Jan 17 Bid $S Offer Bid 0vernight 0.03 0.01 1-month 5/16 3/16 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.30 0.20 1 month 0.45 0.25 2 months 0.60 0.40 3 months 0.75 0.55 6 months 1.00 0.80 9 months 1.15 0.95155 words
-
-
Page 26 Advertisements
-
Advertisement1151 2012-01-18 26 The Business Times Shipping times n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Email: singapore@balisagp.com Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Antwerp/UK Destination STXPO TBN1,151 words
-
Advertisement1397 2012-01-18 26 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M TEL: *****588 (14 LINES) FAX: *****163 PKL TEL: (03) *****588 FAX: (03) *****566 PEN TEL: (04) *****00 FAX: (04) *****99 JOH TEL: (07) *****23 FAX: (07) *****21 SUR TEL: (031) *****75 FAX: (031) *****14/*****05 JKT TEL: (021) *****88 FAX: (021) *****88 PLM TEL:1,397 words
-
-
Page 27 Advertisements
-
Advertisement1027 2012-01-18 27 Shipping Times HDS LINES THE SHORTEST TRANSIT TO PERSIAN GULF CONTAINERS SERVICE TO TANZANIA, KENYA, MIDDLE EAST, IRAN, PERSIAN GULF, IRAQ, CIS, INDIA PAKISTAN HDM SPL Approx transit time ex-Singapore 8 D 9 D 14 D VESSEL~ VOY SIN~ PKG~ JEA~ BND~ BIK MARISOL~ HDM 0116S 28 Jan 29 Jan~1,027 words
-
Advertisement493 2012-01-18 27 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY~ Ramp(KT)~ Lifting(KT)~ PKL~ MUA~ SIN~ PKL~ KK~ JKT ASIAN NAGA 9 55 80 24/01 27/01 28/01 30/01 SEA CORAL 34 60 28/01 31/01 SHENG SHI 32 100 30/01 31/01 02/02 GENIUS STAR II 40 06/02 07/02 10/02 ENDEAVOR493 words
-
Advertisement192 2012-01-18 27 w TEL: (65) 6225 3522 FAX: (65) 6225 2436 Agents: Ben Line Agencies Contact CC Phoon 6420 9050 Contact Aidah Cheau 6420 9031 SHUTTLE SINGAPORE CHENNAI SINGAPORE CALCUTTA COLOMBO CALCUTTA COLOMBO CHENNAI COLOMBO TUTICORIN COLOMBO COCHIN VESSEL VOY SIN CHN SIN WAN HAI 262 *****W 20-21/01 25-26/01 01-02/02 MOL ADMIRATION192 words
-
Advertisement450 2012-01-18 27 FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION INARAN 01/12 25/01 27/01 BELITUNG/PKL BALAM VICTORY 6 02/12 20/01 22/01 JAMBI/PEKAN BARU SUN FLORA 03/12 20/01 22/01 PALEMBANG/PANJANG BERJAYA II 01/12 19/01 21/01 BENGKULU/PADANG SIANIRI 02/12 20/01 22/01 BELAWAN/LHOKSEUMAWE SINOPA 02/12 26/01 28/01 SABANG/MALAHAYATI INDONESIA JAVA450 words
-
-
executive Money
-
Article, Illustration1134 2012-01-18 28 BEN FOK - Funding your retirement years comfortably is a trade-off between playing it safe, taking risks and spending prudently MONEY MATTERS BEN FOK The writer is chief executive officer of Grandtag Financial Consultancy (Singapore) Pte Ltd. He can be reached at ben.fok@grandtag.com AT A FAMILY function, my1,134 words
-
743 2012-01-18 28 Bloomberg [PARIS] Bond and currency investors in Europe have flocked to Scandinavia to escape the euro area’s debt crisis. They may need to rethink their bets as the risk of asset bubbles threatens to trigger losses in Norway and Sweden. TheBloomberg - 743 words
-
Article, Illustration978 2012-01-18 29 ASHISH GOYAL - Asia isn’t out of the woods yet but its attractive medium-term growth outlook remains unchanged, saysASHISH ASHISH GOYAL The writer is chief investment officer, Asian equities, Prudential Asset Management (Singapore) LOOKING into 2012, I get a distinct sense of déjà vu. At this time lastFILE PHOTO; Source: Bloomberg, Prudential Asset Management (S) Ltd; Source: Interbrand, Morgan Stanley Research - 978 words
-
Article, Illustration1063 2012-01-18 30 Patrick Yau - The global environment in 2012 may continue to present challenges. In this three-part weekly series, Citi's experts offer their views on the outlook for Singapore amid economic and market developments around the world. This second feature looks at the performance of Singapore's equity market this1,063 words
-
-
Page 28 Advertisements
-
Advertisement500 2012-01-18 28 EVEN BETTER THAN THE BEST E*TRADE MOBILE*PRO r company iews E '■TRADE' MOBILE PRO) Streaming C Bj Get Quotes Stream Streaming FMCG Get Quotes DOW NASDAQ S&P 500 Last -hange Change Volume B'd (Size) Ask (Size) Day Range 3.07 »-25 x 1000 0.00*0 MOD 63.18 "M 95.54 '8.7* e/S 20500 words
-
Advertisement74 2012-01-18 28 1 8 January 201 2 HOTEL FOR SALE BY TENDER 5! t 0 I Robert McIntosh CEA R*****4J 65 6326 1200 robert.mcintosh@cbre.com Agency Licence No.: L*****63I 6 Battery Road #32-01 Singapore *****9 www.cbre.co.th COURTYARD BY MARRIOTT PHUKET AT PATONG BEACH THAILAND Land Area: 4-2-88 rai (1.87 acres) No. of Rooms:74 words
-
Advertisement19 2012-01-18 28 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices BSATS NOTICES CLA/FEBII/g19 words
-
-
Page 29 Advertisements
-
Advertisement505 2012-01-18 29 S'”931 si*? Why trade FX anywhere else? **•«•>_« I :l .:«.*fc Tl\ Z ;i t i.-‘ ;-s? r a|MiP i ii fe*.“ i I r- %f .■■isgj i, -v- 3V:.;; v f-SS* 'piv .1- -#f- ■■•< JHv t ms mm Winner In an industry with many accolades, we get the505 words
-
-
Page 30 Advertisements
-
Advertisement259 2012-01-18 30 Setting the industry standard in wealth management services. Citigold Private Client is an exclusive private wealth management service for individuals with investible assets of over $1 million. Growing and preserving your wealth is of paramount importance to you. We recognise this and are dedicated to helping you achieve your wealth259 words
-
Advertisement21 2012-01-18 30 Next week's feature will discuss the impact of the economy and policy measures on demand and prices of property in Singapore.21 words
-