The Business Times, 28 August 2012

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Total Pages: 32
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 Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Tuesday, August 28, 2012
    25 words
  • Article, Illustration
    Lock icon Samsung, other Android users’ shares take a hit
    622 1 Apple, Microsoft, Nokia climb in wake of US jury verdict AFP ject to litigation. AFP, Reuters, Bloomberg Bloomberg [SEOUL] Samsung shares tumbled 7.5 per cent, its biggest single-day percentage drop in nearly four years that wiped out more than US$12 billion in
    AFP; ject to litigation. – AFP, Reuters, Bloomberg; Bloomberg; AP  -  622 words
  • Article
    Lock icon Residential DC rates poised to climb
    1100 1  -  Higher development charge rates also likely for some commercial, industrial segments By KALPANA RASHIWALA [SINGAPORE] Development charge (DC) rates are set to increase from Sept 1 for non-landed residential use, say property consultants. This is based on land sales in the past six months
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,044.49 (-6.00) HST INDEX FUTURES 3,042.00 (-6.00) HSIMSCI 348.87 (-0.66) HSIMSCI FUTURES 348.40 (-0.60) US$ S$ US$ (S$ per US$) 1.251 (US$/S$ per 1.582 1.979 EURO (US$/S$/€) 1.252 1.566 Foreign currency per US$ S$ YEN 78.70 62.90 RM 3.109 2.485 HK$ 7.756 6.199 BAHT 31.24 24.97 RUPIAH
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    • Article
      Lock icon MARKETS
      47 1 Monday Change KL COMP 1,648.13 -0.09 NIKKEI 225 9,085.39 +14.63 HANG SENG 19,798.67 -81.36 SET INDEX 1,233.73 -3.46 JAKARTA COMP 4,145.88 +0.48 MANILA COMP Closed SEOUL COMP 1,917.87 -1.94 SHENZHEN B 573.42 -9.56 MUMBAI IND 17,678.81 -104.40 Noon EDT Change DOW 13,162.73 +4.76 NASDAQ 3,083.19 +13.41
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    • Article
      Lock icon PRIME RATES
      17 1 SINGAPORE 5.38 MALAYSIA HONG KONG 6.55 5.00 INDONESIA 14.113 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
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      122 1 PRODUCTIVITY MATTERS The business of beauty PAGE 13 RENTAL DISPUTE Starhill, Toshin told to go for mediation PAGE 2 COMMENTARY The tale of two Romneys PAGE 25 Since 1846 NARDIN Le Locle Suisse Executive Dual Time Self-winding. Patented time zone quick setting. Black ceramic bezel and 18 ct rose gold
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      10 1 SPECIAL FEATURE Workplace safety and health PAGES 20 22 **********04
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      635 2 Residential DC rates poised to climb DEVELOPMENT charge rates are set to increase from Sept 1 for non-landed residential use, property consultants say. Most also forecast higher DC payable for enhancing the use of some sites or building a bigger development on them for industrial use, citing winning
      635 words
    • Article
      Lock icon Starhill, Toshin told to go to mediation for rent feud
      756 2  -  Court dismisses Reit’s request to set rentals for Ngee Ann City leases By GRACE LEONG [SINGAPORE] The Court of Appeal has ordered Starhill Global Reit and its master tenant in Ngee Ann City to seek the help of the Singapore
      756 words
    • Article
      Lock icon Paternity leave already prevalent
      805 2  -  Firms see productivity gains in long run but any policy changes should start small By MALMINDERJIT SINGH [SINGAPORE] Employers in Singapore welcome mandatory paternity leave, as half of the companies here are already practising this, with an arrangement of maternity leave sharing as a model that
      805 words
    • Article, Illustration
      Lock icon Pre-school operators fear rental hikes after proposals
      506 2  -  By ANDREA SOH [SINGAPORE] Pre-school operators have applauded the government’s move to get more involved in the sector. Some, however, cautioned that the proposal to add more operators to the market would increase competition for already scarce resources. Prime Minister Lee Hsien Loong
      506 words
    • Article, Illustration
      Lock icon Foreign buyers returning to S’pore property
      580 4  -  Proportion of foreign buying stable and looks to be rising: HSR By MINDY TAN [SINGAPORE] Foreign interest in non-landed private residential properties is returning, following a slump in interest after the Additional Buyer’s Stamp Duty (ABSD) was introduced in December last year. Looking at
      Source: Savills, URA  -  580 words
    • Article, Illustration
      Lock icon US LNG export projects in the works: Barclays
      709 4  -  By LYNN KAN [SINGAPORE] The US is on its way to becoming an exporter of liquefied natural gas, as its first LNG export terminal in Louisiana attracts billion-dollar investments from the likes of the Government of Singapore Investment Corp (GIC) and China
      Source: IHS Global, Bloomberg, Barclays Research  -  709 words
    • Article, Illustration
      Lock icon Shortage of pilots, technicians looms as Asia-Pac grows
      469 4  -  By VEN SREENIVASAN [SINGAPORE] The Asia-Pa-cific, the world’s fast-est-growing aviation market, could face an acute shortage of pilots and aircraft technicians in the next decade, brought on by rapid fleet modernisation and growth in air travel across the region. In its latest
      469 words
    • Article, Illustration
      Lock icon One bad Apple can’t spoil Samsung’s basket
      410 4 REUTERS BREAKINGVIEWS [HONG KONG] Investors have overreacted to Samsung Electronics’ court defeat by Apple. The Korean group’s market value dropped by up to US$ 12 billion after a California jury fined it US$1 billion for infringing its US rival’s patents. But even if
      410 words
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      170 2 www.comexshow.com.sg Join us at THE BIGGEST I.T, DIGITAL, MOBILE, CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE 30th AUGUST 2nd SEPTEMBER 2012 SUNTEC SINGAPORE 12 NOON 9 PM DAILY FREE ADMISSION Guaranteed over S$90,000 CASH to be won in 4 days S$2,000 CASH Win hourly from 1 9 pm daily PLUS the Grand
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      102 3 MESURE ET DEMESURE* I 1 ♦sF\ v iwt. Wa A X FARM GIAN I FLEl RIER 60 /I .40 20. K c > \r s' V> I V V. .V V m a» -r ?w Dv n /''I LJivyii •x V v. v v. V V J KALPAGRAPHE Rose gold
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      141 4 r 5 fo rlines Roy Soaring to greater heights with Drukair on the wings of a dynamic partnership As a leading provider of gateway services and food solutions in the region, SATS is ready to embark on an exciting partnership with Drukair, the national carrier of the Royal Government of
      141 words
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      136 5 Thank You To all our investors who have made Far East Hospitality Trust’s IPO a resounding success From The Board of Directors and Management of FA R E A S T H O S P I TA L I T Y T R U S T First Only Singapore-Focused Hotel
      136 words
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      1050 6 WATS3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CO Mitsubishi UFJ Trust and Banking Corporation MUFG (Incorporated In Japan With Limited Liability) Consolidated Balance Sheets As of March 31, 2012 and 2011 Assets: Cash and due from banks Call loans and bills bought Receivables under securities borrowing transactions Commercial paper
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  • COMPANY NEWS
    • Article
      Lock icon PPT wants to buy rest of Sakari for $1.2b
      873 6  -  Offer price of $1.90 per share is at 28% premium to Sakari’s Friday closing price By LEE MEIXIAN PTT Public Company Ltd, Thailand’s state-controlled energy company, is offering $1.2 billion to buy all the shares it does not already own in
      873 words
    • Article
      Lock icon F&N slides after initial spurt on planned capital reduction
      617 6  -  Another F&N block deal casts cloud over APB sale By EMILYN YAP SHARES in Fraser and Neave (F&N) jumped yesterday morning on initial hype from a proposed capital reduction, but fell into the red later in the day. The group’s plan
      617 words
    • Article
      Lock icon Great Eastern selling half of 50% stake in China JV
      292 6  -  By EMILYN YAP GREAT Eastern Holdings is selling a 25 per cent stake in a joint venture in China for 303 million yuan (S$59.6 million). The joint venture, Great Eastern Life Assurance (China) Company (GELC), is a 50:50 tie-up set
      292 words
    • Article
      Lock icon Far East H-Trust ends higher in debut
      391 6  -  By MINDY TAN FAR East Hospitality Trust (Far East H-Trust) closed two cents up at 95 cents in its trading debut yesterday. The stapled security hit a high of 99 cents after opening at 98 cents at 2pm. Its 95-cent closing price represents
      391 words
    • Article, Illustration
      Lock icon Ezra to list Triyards on mainboard
      612 9  -  It will distribute 33% of Triyards as dividend in specie to Ezra shareholders By LYNN KAN EZRA Holdings will separately list its fabrication and engineering arm Triyards Group on the Singapore Exchange mainboard by distributing 33 per cent of Triyards as dividend in specie
      612 words
    • Article
      Lock icon China Minzhong Q4 profit jumps 76.4%
      382 9  -  By CARINE LEE A LATE winter lifted China Minzhong Food Corporation’s net profit in the fiscal fourth quarter by 76.4 per cent over the previous year to 171.02 million yuan (S$33.7 million), or 0.31 yuan per share. The delayed arrival of winter, when cool
      382 words
    • Article, Illustration
      Lock icon Talks with China Sky quite positive: SIAS chief
      333 9  -  By CARINE LEE SECURITIES Investors Association (Singapore) (SIAS) president and CEO David Gerald says discussions to break an impasse and get S-chip China Sky to comply with Singapore Exchange (SGX) requirements have been quite positive. Mr Gerald, who on July 12 told
      333 words
    • Article
      Lock icon Goodpack net profit up 4.6%
      357 10  -  Higher non-rubber and synthetic rubber sales, loss reversal boost year’s results By TEO SI JIA GOODPACK Limited’s earnings for the full year ended June 30 rose 4.6 per cent to US$45.22 million. The net profit rise was helped by higher sales in its non-rubber and
      357 words
    • COMPANY BRIEFS
      • Article
        Lock icon Net liabilities of China Sun’s units
        94 10 CHINA Sun Bio-Chem Technology, in which share trading is still suspended, said a valuation estimated that the PRC units of its wholly owned subsidiary, Sky Bright Group, have net liabilities of 231 million yuan. Sky Bright had on Dec 5, 2011, received a letter
        94 words
      • Article
        Lock icon Koon Hldgs’ half-year profit plunges 91%
        57 10 KOON Holdings’ net profit for the half year ended June 30 plunged 91 per cent to $546,000 from $6.32 million, despite a 178.4 per cent turnover rise to $99.28 million. Other income fell to $1.6 million from $9.6 million as the year-earlier period had
        57 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Situational plays dominate trading
      598 8  -  STI drifts downward on low volumes as market sees little upside impetus, while awaiting policy action in the West STOCKS VEN SREENIVASAN Senior Correspondent WITH lots of newsflows but no real catalysts to spur any concerted action, Asian markets generally drifted sideways on the first trading
      Source: Bloomberg  -  598 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 8 4 0 0 0 5 8 4 Manufacturing 44 50 46 7 11 6 51 61 52 Commerce 24 24 17 7 1 3 31 25 20 Tpt/Stor/Comms 13 18 8
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 12,038 12,038 61,312 61,312 Manufacturing 245,167 81,320 326,487 212,163 1,256 213,419 Commerce 216,596 2,460 219,056 115,699 193 115,892 Tpt/Stor/Comms 66,638 12,573 79,211 87,993 3,762 91,755 Finance 23,865 178 24,043 92,252 74 92,326 Construction 89,744 3,478
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 8 Stock name Close Change CapMallsAsia 1.645 -0.005 CapitaLand 3.050 -0.010 CapitaMall 1.950 +0.005 CityDev 11.550 -0.040 ComfortDelGro 1.655 -0.025 DBS Grp 14.520 -0.010 F&N 8.360 -0.090 GLP 2.360 +0.010 Genting SP 1.370 -0.005 Golden Agri 0.725 -0.005 HK Land 6.080 -0.010 JMH 54.900 +0.050 JSH 34.150
      111 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 8 Aug 27 VALUE CLOSE BT OB/OS 40.00 -82.00 BT CADI -*****.00 -13.00 BT 10-day MA -*****.00 +4.00 FTSE ST Mid Cap 715.20 +4.64 FTSE ST Small Cap 466.24 -0.26 FTSE ST All Share 738.52 -0.36 FTSE ST China Top 201.45 -0.13 FTSE ST China 220.25 +0.05 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      60 8 VOLUME Sakari 107,669,000 Far East HTrust 95,690,000 GSH Corp 53,651,000 Nam Cheong 44,000,000 Goldtron 41,764,000 Noble Grp 40,284,000 HLH Grp 38,515,000 Genting SP 32,783,000 TT Intl 26,943,000 Thakral 24,973,000 VALUE($) Sakari 204,433,350 Far East HTrust 92,893,740 F&N 67,928,920 Noble Grp 50,653,846 Keppel Corp 46,813,655 Genting SP 45,065,885
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    • Article
      Lock icon BROKERS’ TAKE
      980 8  -  Compiled by LYNN KAN Frasers and Neave Limited Aug 27 close: S$8.36 DBS Group Research, Aug 27 FRASER and Neave’s (FNN) board announced that it intends to distribute about S$4 billion of the cash proceeds to shareholders if and after the proposed sale of its effective stake in
      980 words
    • Article, Illustration
      Lock icon German business survey helps shore up euro
      536 8 CURRENCIES Reuters [LONDON] The euro inched up yesterday after an influential German business survey was not as bad as expected, although it may struggle to retain gains in coming weeks, which could be decisive in the long-running eurozone crisis. The euro may find
      Reuters; AP  -  536 words
    • Article
      Lock icon RISES
      107 8 BY CENTS CLOSE UP DBXT iBoxxSing 5SG$ ***** 67.0 0.5 Sakari 189.5 40.5 27.2 Sakari.ES.1208 189.5 40.5 27.2 GLD 10US$ ***** 35.0 0.2 Sakari BPeCW*****2A 39 29.5 310.5 OCBC Bk 4.5%NCPS 100 ***** 20.0 0.2 JSH 3415 18.8 0.4 DBXT AUDCS 5SG$ ***** 18.0 0.1 Lyxor India Nifty 10
      107 words
    • Article
      Lock icon FALLS
      122 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ 9863 -111.4 -0.9 DBXT FTVietnam 10US$ 2083 -86.3 -3.2 DBXT SPASX200 10US$ 3499 -52.6 -1.2 DBXT S&P Short 10US$ 3597 -38.8 -0.9 DBXT MSKorea 10US$ 5533 -35.0 -0.5 CMProp 1100 -32.3 -15.4 DBXT CSI300 10US$ 691 -23.8 -2.7 OCBC Bk.ES.1208 922 -23.0
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
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      142 9 V 0 X X i m 4. O i” a 4* 55 r# 3 rv <r O u» <r N O y> rm m imf\ V O o -a? -v fv lVVVV n URlA/ERK PRESENTS THE UR-'no RED GOLD AND ITS REVOLVING SATELLITE COMPLICATION ON PLANETARY GEARS (also available in
      142 words
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      3858 10 Shareholders of Sakari Resources Limited (“Shareholders") should note that since 7.59 am on 27 August 2012, when the Offer Announcement below was first released on the website of the Singapore Exchange Securities Trading Limited (“SGX-ST”), the voluntary conditional cash offer which is the subject of the Offer Announcement below has
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  • SINGAPORE NEWS
    • Article
      Lock icon Exports to Panama grow at fastest pace in last 5 years
      433 11  -  IE S’pore cites FTA for 19.9% annual growth; oil, pharma products top drivers By MALMINDERJIT SINGH PANAMA has emerged as Singapore’s fastest-grow-ing export market in the five years ended 2011, with a compounded annual growth rate (CAGR) of 19.9
      433 words
    • Article
      Lock icon KKR sells Unisteel Technology to Swiss SFS Group
      317 11 Reuters [HONG KONG] Switzerland’s SFS Group has agreed to buy Singapore disc drive component maker Unisteel Technology International from private equity fund KKR Co LP for an undisclosed sum, the companies said in a joint statement yesterday. The deal marks KKR’s first
      Reuters  -  317 words
    • Article
      Lock icon NTU-Lushang in age-friendly tech project
      346 11  -  Venture hopes to benefit from the lucrative online retail market for seniors By TOH LI WEN NANYANG Technological University (NTU) has set up a joint research laboratory with Lushang Group, a Chinese state-owned enterprise, to develop age-friendly commerce technologies that narrow the digital divide. IT
      346 words
    • Article, Illustration
      Lock icon Music for a cause
      434 11  -  HSBC Youth Excellence Award ceremony will be a concert too By CHRISTOPHER LIM THOSE attending the HSBC Youth Excellence Award ceremony on Thursday are in for a musical treat from a trio of especially accomplished past recipients of the award for musical excellence. The annual charity
      434 words
    • Article
      Lock icon Oanda expands in Singapore
      244 11  -  By EMILYN YAP ONLINE foreign exchange trading service provider Oanda Asia Pacific has expanded in Singapore on the back of growing retail currency trades in the region. The firm, which opened its Singapore office four years ago, said that transaction volumes increased by over 20 times
      244 words
    • Article
      Lock icon Services sector’s Q2 business receipts rise 6%
      334 11  -  Education, health, social services show significant growth By NISHA RAMCHANDANI BUSINESS receipts for the services industries in the second quarter of this year were up 6 per cent overall compared to the corresponding quarter last year, on the back of higher turnover from
      334 words
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      103 11 a fi»« 0 tT =r 14#1 Hong Kong Mei-Xin Mooncakes The ideal corporate gift for this season RStt'hffl h nr Best Selling Mooncake Brand in Hong Kong for 14 Consecutive Years* 2012 It H £F if wtaitut ik ffl ft H t ?t t ffi S. mmi 6862 2166 www.frosts.com.sg/meixin
      103 words
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  • SME Inc
    • Article, Illustration
      Lock icon Strong branding holds the key
      1178 12  -  FT Consulting helps clients tackle the tricky business of building up a brand, reports TAM YU LING reportsTAM TAM YU LING WITH consumers becoming more discerning, getting quality from a product is no longer an option but an expectation. So, what really differentiates a strong
      YEN MENG JIIN  -  1,178 words
    • Article, Illustration
      Lock icon The role of a non-executive director in SMEs
      982 12  -  Engage SMU profs WANG JIWEI Wang Jiwei is an Associate Professor of Accounting (Practice) at the School of Accountancy, Singapore Management University Q: I am an executive director of an SME. Should I follow the best practices of the Code of Corporate
      982 words
    • Article
      Lock icon Staff’s view of own company plays huge part
      359 12 MOST firms here, in particular smalland medium-sized enterprises (SMEs), attempt to raise productivity by improving their work processes. But Wilson Chew, CEO of busi-ness-to-business branding and management consulting firm StrategiCom, says companies should also look into boosting their internal branding, to become
      359 words
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      90 12 HAVE a pressing question about a business-related issue that your company is facing? Professors from the Singapore Management University (SMU) will give expert advice and answers to your queries on a fortnightly basis. Send an e-mail with your query and the subject line, “Engage SMU Profs”, to feldac@sph.com.sg, and include
      90 words
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      Lock icon Page 12 Advertisements Column 2
      66 12 HAVE an interesting story on an SME to share? Drop us a note on why you think the company should be featured in our weekly SME INC pages, with details such as how the company has grown and its expansion plans. Send your e-mail to Felda Chay at feldac@sph.com.sg with
      66 words
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  • PRODUCTIVITY MATTERS
    • Article, Illustration
      Lock icon The business of beauty
      1403 13  -  Luxasia’s unique retail idea grows its reach, while technology raises efficiency and empowers its sales staff, reports TEH SHI NING reportsTEH RETAIL TEH SHI NING BEAUTY reigns in the world of fragrances and cosmetics retailing, but step past the shopfronts and “it’s all the same grime
      ARTHUR LEE  -  1,403 words
    • Article
      Lock icon Where to go
      338 13 LEGEND SCHEME WHAT YOU GET WHO TO CONTACT Businesses can enjoy 400% tax deduction and/or a cash payout of up to $60,000 for their spending across six types of productivity improvement activities. Productivity and Innovation Credit (PIC) Innovation and Capability Voucher Scheme (ICV) SMEs can get a
      338 words
    • Article
      Lock icon Selling books online to boost efficiency
      935 13  -  Times Bookstores’ NoQ is fully automated, from sales to delivery, to managing volume By NISHA RAMCHANDANI TIMES Bookstores, which has outlets across Singapore and Malaysia, recently conquered new territory by expanding in a very different area the Internet. The retailer, part of Times Publishing
      935 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Zeti lauded as elite central banker again
      606 14  -  Bank Negara chief one of six awarded top A grade for 3rd consecutive year By MALMINDERJIT SINGH BANK Negara Malaysia governor Zeti Akhtar Aziz has been named one of the top central bankers in the world for the third consecutive year. Dr Zeti
      BLOOMBERG FILE PHOTO  -  606 words
    • Article
      Lock icon System hitch hits Indonesian bourse again
      374 14 Bloomberg [JAKARTA] The Indonesian stock exchange delayed trading after almost a third of its members failed to connect to the bourse’s system. Trading resumed at about 1:30pm local time, according to Samsul Hidayat, the bourse’s director of trading and membership. Only 84 of 114
      Bloomberg  -  374 words
    • Article
      Lock icon Four buyout firms in running for Siloam sale
      489 14 Lippo has shortlisted Blackstone, Bain, KKR, Abraaj Reuters [JAKARTA] Blackstone, Bain Capital, KKR Co and Dubai’s Abraaj Capital have been shortlisted for the second phase of an auction of a fifth of private Indonesian healthcare operator Siloam in a deal that could
      Reuters  -  489 words
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      554 14 STJobs Seminar September Series STJOBS No.1 Who should attend: Executive management level, Middle management, Managers and Team leaders who want to develop their leadership skills No.1 Recruitment site in Singapore by FULL-DAY SEMINAR Marketing Magazine (2011) Register at www.stjobs.sg/seminars Be an Outstanding Sales Professional Thursday, 13 September 2012, SPH News
      554 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China industrial firms’ July profit fall biggest this year
      600 15 Govt under fresh pressure to step up policy easing to reverse slowdown Bloomberg [BEIJING] Chinese industrial companies’ profits fell in July by the most this year, a government report showed yesterday, adding to evidence the nation’s economic slowdown is deepening. Income
      Bloomberg; REUTERS  -  600 words
    • Article, Illustration
      Lock icon Bad debt not as bad as thought: ICICI Bank
      720 15 CEO’s statement runs counter to central bank report Bloomberg [MUMBAI] Chanda Kochhar, chief executive officer of ICICI Bank Ltd, dismissed concerns about rising bad debts at Indian lenders, saying the problems of the financial sector are being exaggerated. “Asset quality problems
      Bloomberg  -  720 words
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      Lock icon Page 15 Advertisements Column 1
      160 15 TOYOTA ALWAYS BETTER. A r*' REV7A 4 EJ ELEGANCE MEETS COMFORT W\*4i L A 4. a. j s t* s. D m t V V, nr i f 1 1 r P/?El//A THE NEW PREVIA. A WHOLE NEW LEVEL OF ELEGANCE AND COMFORT. Setting a new benchmark for design and
      160 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Will Bernanke deliver this week is the big question
      739 16 QE3 won’t lift global growth as problem lies with eurozone, China: economists Reuters [LONDON] It’s the end of August, so all eyes will again be on the small Wyoming resort town of Jackson population 9,577 to see whether Federal Reserve chairman
      Reuters; AP  -  739 words
    • Article, Illustration
      Lock icon S Korea graduate glut hits young job seekers
      840 16 Govt encouraging more youngsters to bypass university AFP [SEOUL] Song A-Hyun was once confident she would follow in her father’s footsteps graduate from one of the nation’s best universities, land a plum job at a top firm and enjoy a high-flying career.
      AFP  -  840 words
    • Article
      Lock icon Japan contraction risk rises as global demand falls
      698 16 Pressure could grow for extra govt budget and BOJ stimulus Bloomberg [TOKYO] Japan’s risk of an economic contraction this quarter has increased as faltering demand from Europe to China drags down exports, strengthening the case for more government measures to support growth.
      Bloomberg  -  698 words
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  • WORLD
    • Article, Illustration
      Lock icon Merkel curbs Greece-exit talk by coalition partners
      601 17 The German chancellor reiterates Berlin’s desire to stand by Athens Bloomberg [BERLIN] Chancellor Angela Merkel told officials in her coalition calling for a Greek exit from the euro to “weigh their words”, as she signalled a renewed determination to keep the single currency
      Bloomberg; AP  -  601 words
    • Article, Illustration
      Lock icon Spain may use 60b euros from bank rescue fund
      732 17 IHT [MADRID] Spain expects to use about 60 billion euros (S$93.8 billion) of the 100 billion euros of banking rescue financing offered by European finance ministers in June, Economy Minister Luis de Guindos has said during an interview. He also said
      IHT  -  732 words
    • Article, Illustration
      Lock icon Isaac threatens to steal Romney’s big moment
      571 17 AFP [TAMPA, Florida] Tropical Storm Isaac threatened yesterday to steal the media spotlight from Republican presidential hopeful Mitt Romney and overshadow the all-important convention that will crown him the nominee. Yesterday was supposed to be the raucous kick-off to four days of carefully
      AFP  -  571 words
    • Article
      Lock icon Nomura planning major overhaul: sources
      468 17 Reuters [TOKYO] Nomura Holdings is finalising plans to cut hundreds of jobs, mainly in equities and investment banking, in an overhaul aimed at restoring its overseas operations to profitability, people with knowledge of the planning within Japan’s largest brokerage said. The cost-cutting will be part
      Reuters  -  468 words
    • Article
      Lock icon IGB primed for RM4.6b Reit IPO launch
      523 17  -  Success of Felda and IHH issues a reason to be optimistic By PAULINE NG in Kuala Lumpur ITS launch in 1999 of the Mid-Valley Megamall South-east Asia’s largest during the Asian financial crisis might have been unfortunate, but IGB Corp appears to have
      523 words
    • Article
      Lock icon German firms downbeat on export prospects
      533 18 Business climate index falls for fourth month in August to a two-year low Reuters [BERLIN] German business sentiment dropped for a fourth month in a row in August to reach its lowest level since March 2010, driven lower by increasing worries about the future
      Reuters  -  533 words
    • Article, Illustration
      Lock icon Myanmar graffiti artists have a field day
      791 18 Politically charged messages galore as painters multiply Reuters [YANGON] A television set with wings hovers on a wall in a murky Yangon sidestreet. “This was my first one,” says Aung, 33, pointing proudly to an image he spray-painted last year to protest against
      Reuters; PHOTOS: REUTERS  -  791 words
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      467 18 THINK BIG ENTREPRENEUR CONVENTION 2012 Business Solutions Updated Whether you are starting up or already running a business, here's your opportunity to glean expert advice from experienced business specialists on how to fund your ideas, improve efficiency and communicate your brand effectively. Plus hear what industry leaders think how businesses
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      1089 18 WARS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF PORRIMA SHIPPING PTE. LTD, (IN MEMBER'S VOLUNTARY LIQUIDATION! (Company Registration No. *****5290C) NOTICE OF MEMBER'S VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of
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      324 18 IN THE MATTER OF THE COMPANIES ACT, CAR 50 AND IN THE MATTER OF UNICHEM GLOBAL PTE. LTD. (In Provisional Liquidation) Reg. No. *****0371R NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATORS PURSUANT TO SECTION 291(4) OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that following a resolution passed by
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon US drought shuts ports, disrupts river freight
      1073 19 Shippers fear repeat of 1988 disaster when largest US river hit low point Bloomberg [BOSTON] The tow boat Major General John Peabody uses to survey his domain as regional head of the Corps of Engineers couldn’t stop last week in Greenville, Mississippi. The
      Bloomberg; AP  -  1,073 words
    • Article
      Lock icon Congo’s new airlines brave riskiest African skies
      722 19 Reuters [KINSHASA] Its tarmac littered with dozens of dilapidated planes, the airport in Congo’s capital Kinshasa makes clear the dire state of aviation even by Africa’s generally low standards. The planes have been abandoned either as mechanical failures or by companies that went
      Reuters  -  722 words
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      Lock icon TRANSPORT STOCKS
      256 19 SGX '000 Aug 27 S$ +/-Vol CH Offshore 0.44 0.01 223 Chuan Hup Hldg 0.25 0.01 234 Cosco Corp 1.00 unch 3183 s$ Ezra Hldgs 1.06 0.02 8835 First Ship Lea 0.13 -0.01 5153 Freight Links 0.07 unch 2011 Grand Banks 0.29 0.02 767 Jaya Hold Ltd 0.55
      256 words
    • Article
      Lock icon South Sudan seeks partner to run national airline
      470 19 World’s newest nation to pick firm in a month’s time Reuters [JUBA, South Sudan] The world’s newest nation South Sudan is looking for an international company to help run its nascent national airline in a public-pri-vate partnership and hopes to choose a
      Reuters  -  470 words
    • Article
      Lock icon EADS offers Switzerland alternative jets: report
      142 19 Reuters [ZURICH] EADS is prepared to offer Switzerland 33 Eurofighter jets built in 2003 with a price tag of 3.2 billion Swiss francs (S$4.2 billion) to replace its fleet of ageing Northrop F-5E/F Tiger fighters, a newspaper reported on Sunday. The Swiss government opted
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    • Article
      Lock icon Slept in Paris, flown back to Lahore
      255 19 AFP [ISLAMABAD] A Frenchwoman endured an 18-hour journey from the Pakistani city of Lahore to Paris and back again after sleeping through her plane’s stop in the French capital. Pakistan International Airlines (PIA) are investigating how ground crew failed to notice the woman
      AFP  -  255 words
    • Article
      Lock icon The Business Times Shipping Times
      1924 26 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 Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination
      1,924 words
  • Page 19 Miscellaneous
    • Miscellaneous
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      316 19 CRYPTIC CROSSWORD Across 7 Blair finally dragged into his old school in chains (7) 8 Judicial examiner getting gold returned he may be happy to go on record (7) 10 Queen conceivably protected by most uncivilised creature (10) 11 Dispute among characters in Flaubert’s Parrot (4) 12 Without her Olympic
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  • WORKPLACE SAFETY AND HEALTH
    • Article, Illustration
      Lock icon Health takes centre stage
      1501 20  -  Companies should recognise workplace safety and health as a core business consideration, reports vincent wee reportsVINCENT reportsVINCENT WEE THE business of health is a huge one and it is rapidly gaining in prominence. Elements of the health business run the gamut from looking after the safety
      FILE PHOTO  -  1,501 words
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      Lock icon Gearing up for Asia’s healthcare boom
      1582 22  -  The sector is growing due to the increasing awareness of quality healthcare and the rising trend in medical tourism, among others, reports Vincent wee reportsVINCENT reportsVINCENT WEE THE healthcare industry is growing rapidly and over the past decade or so has become a major
      FILE PHOTO  -  1,582 words
    • Article
      Lock icon Hot medical tech to be on show at trade exhibition
      880 22  -  By VINCENT WEE SINGAPORE’S leading role as one of Asia’s fastest growing medical device markets along with the increasing demand for medical manufacturing processes, services and solutions has led to the inaugural Medical Manufacturing Asia 2012 exhibition being held here
      880 words
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      281 20 Good safety and health to boost productivity and bottom line. Join Asia's leading platforms for workplace safety and health (WSH) in September and discover new ideas, best practices and technologies to enhance the health and safety of your business in today's changing landscape. o THE SINGAPORE WSH CONFERENCE 2012 Changing
      281 words
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      345 21 MEDICAL MANUFACTURING ASIA Your Strategic Platform for Medical Technology Solutions The Manufacturing Processes for Medical Technology Concurrent events: MEDICAL MANUFACTURING ASIA Conference 2012 «£^GATE12 GLOBAL ASIA TRADE EXCHANGE M E D T E C H ns H Scan this code to view the full range of exhibitor and product highlights
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  • Page 23 Advertisements
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      426 23 c* THE SINGAPORE CONFERENCE 2012 Changing Landscapes, Shaping a Progressive WSH Culture Focus on safety and health to ensure business success As today's businesses face new and more complex challenges, companies can look to better workplace safety and health (WSH) outcomes as an enabler for business success. Keeping one's employees
      426 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Danger of brinkmanship in islands dispute
      467 24 EDITORIAL IT is a truism to say that we live in an economically interdependent world nowadays, even if it is not exactly the “borderless world of business” that some claim. Economic prosperity depends on an unspoken consensus to preserve political harmony among nations. So
      467 words
    • Article, Illustration
      Lock icon Don’t ignore threats from everyday chemicals
      772 24  -  THE BOTTOM LINE NICHOLAS KRISTOF NYT NEW research is demonstrating that some common chemicals all around us may be even more harmful than previously thought. It seems that they may damage us in ways that are transmitted generation after generation, imperilling not only us
      NYT  -  772 words
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      Lock icon How Myanmar can avoid ‘resource curse’
      965 24  -  It must ensure fair income distribution, not allow resource revenues to worsen inflation By STEPHEN P GROFF The writer is the Asian Development Bank’s vice-president for East Asia, South-east Asia and the Pacific JUST last month I made my first visit to Myanmar, a
      AFP  -  965 words
    • Article, Illustration
      Lock icon The tale of two Romneys
      1312 25  -  Romney II sticks to his new image as there’s very little doubt Romney I would have been elected as next US president LEON HADAR Washington Correspondent WHEN in 1994 he was trying to unseat Democrat Edward Kennedy, the then senator from Massachusetts, Republican Mitt Romney
      AP  -  1,312 words
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      Lock icon Is China’s economic slowdown cyclical or structural?
      814 25  -  By HA JIMING The writer is vice-chairman and chief investment strategist of Goldman Sachs’Investment Management Division, China CHINA’S economy has grown at its slowest pace since the second half of 2009, recording a 7.8 per cent GDP growth in the first half of
      REUTERS  -  814 words
    • Article
      Lock icon Raise the bar for SGX Main Board companies
      557 25  -  LETTER TO THE EDITOR Ee Teck Siew AS a result of low valuations and thin trading volume, a few companies are planning to delist from the Singapore Exchange (SGX). Some of these companies may actually be good businesses with strong fundamentals but
      557 words
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      103 25 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
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      34 26 PLACE YOUR AD HERE The Business Times Shippi CALL JOE WOPi g Times IG AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? II
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      Lock icon Page 26 Advertisements Column 2
      30 26 Experienced sh/p maintenance m you y r services services wanted, herein the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES III. UUJINLJJ IIIVILJ Shipping Times
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3085 27 Transaction date: Aug 27 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol Day Last Quote (’000) High Low Buyer Seller 132 92.5 AIMSAMPIReit 131 +1 263
      3,085 words
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      Lock icon SGX CATALIST
      216 28 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last 4.6 1.3 t Advanced System 1.8 unch 1265 1.8 1.8 1.8 1.9 23.8 Day Last Quote Div Gr Yld Net M
      216 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      8065 28 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha FuncfCI A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited 0.98/ Aberdeen Asset Mat Asia Limited Asian Local Ccy SD Bond 0.9858/ Asian Smaller Cos''* 1
      8,065 words
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      Lock icon GLOBALQUOTE
      191 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 41.5 25.5 Genting HK US$ US34 -2 ***** 35 34 34 34.5 2238.7 220 168 TanChongInt HK208cd +1 84 208 207 207 208 4.3 3.4 7 4188.9
      191 words
    • Article
      Lock icon SGX ETF
      385 28 <(• |c «"ih LmI CImuii Did m Tilt tnw H*iy*«r 1dll*f r*d* 1. Nnl MLdp TVf TiidI 1 *1 1 iiit HI 1 m in HIT !31 All 1 nn I 1u» l'*a •ft It AMI CffXiiuuuiirvji' T<iut'« r\uw< ftUVji J 1 ■511 1 I3» 1 DB>> •’.UDCiSA'n
      385 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      623 29 Aug 27 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 9140.41 9150.48 9084.87 Sep12 9055.00 9160.00 9005.00 9085.00 ***** *****1 Dec12 8965.00 9090.00 8965.00 9020.00 542 ***** MSCI TAIWAN INDEX FUTURES SPOT 264.85 266.13 263.34 Aug12 264.70 267.40 263.20 263.40 ***** *****6 Sep12 264.40
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 29 In local curr In S$ In US$ dy yr dy yr dy yr Aug 24 Index Change Change Change Change Change Change World Preliminary 903.3 0.1 8.9 0.3 4.7 -0.1 8.6 EAFE Preliminary 723.4 -0.3 6.1 -0.4 1.3 -0.7 5.1 Europe Preliminary 1090.6 0.1 6.2
      373 words
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      Lock icon SMX MARKET UPDATE
      120 29 As on 24 August 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL INDIA GOLD (E-GOLD) FUT OCT2012 555.50 552.55 556.55 910 GOLD FUT DEC2012 1673.40 1665.40 1672.80 34 CURRENCY EUR-USD FUT SEP2012 1.2566 1.2485 1.2537 2161 BASE METAL COPPER FUT SEP2012 7695 7622
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    • Article
      Lock icon CHICAGO BOT
      107 29 Aug 24 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 12 1737.50 1727.25 1749.25 1723.75 Nov 12 1731.50 1715.00 1737.25 1710.75 Jan 13 1724.25 1706.00 1728.50 1703.75 Mar 13 1636.25 1614.50 1638.75 1613.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 12 56.24
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 29 CRUDE OIL PRODUCTS Aug 24 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 114.96 -1.38 WTI (Near Mth) 95.92 0.15 Dubai (1-Mth F) 111.45 -1.51 Tapis blend 119.41 -1.24 Minas 117.21 -1.54 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 106.67 0.30 Jet Kerosene 132.85 -1.04 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 29 Aug 27 S$ Bid Offer 1-month 1.2512 1.2513 2-months 1.2512 1.2513 3-months 1.2511 1.2512 6-months 1.2502 1.2504 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 29 Aug 24 Aug Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1890.45 1877.25 3 months 1918.00 1904.50 Copper, Grade A(US$/tonne) Cash 7627.75 7676.50 3 months 7640.00 7684.50 Lead(US$/tonne) Cash 1963.25 1943.00 3 months 1971.00 1952.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months
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      Lock icon LIFFE
      80 29 Aug 24 COCOA (£/tonne) Close Prev High/Low Sep 12 1573 1570 1577/1560 Dec 12 1585 1583 1590/1571 Mar 13 1575 1571 1577/1562 May 13 1579 1574 1583/1567 COFFEE(US$/tonne) Close Prev High/Low Sep 12 2018 2006 2028/1992 Nov 12 2055 2041 2065/2027 Jan 13 2058 2046 2067/2035 Mar 13 2062
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1101 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 500 6.25 21 Conv Ratio Exer Baker Technology Ltd W*****6 1 1 32 3 32.00 3 BakerTech W*****5 6.7 0.2 1906 1 27 5 4.78
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    • Article
      Lock icon INTERBANK CROSS RATES
      468 29 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.030 6.607 0.831 8.062 57.796 98.951 0.818 11.803 3.231 1.281 98.509 43.915 1.301 8.743 0.997 31.149 32.471 0.657 1.039 Canada 0.971 6.417 0.807 7.829
      468 words
    • Article
      Lock icon SIBOR
      62 29 Aug 27 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths SWAP Mid rates (S$) 12 mths 0.***** SWAP
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    • Article
      Lock icon PRECIOUS METALS
      135 29 Aug 27 GOLD(US$/oz) Aug 24 Aug 27 Hong Kong 1672.00 1680.00 Aug 27 Aug 23 Aug 24 London 1672.93 1668.59 1673.84 1669.81 Source: Thomson Reuters CAST BAR Aug 27 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 162 67 5gm 459 336 10gm
      135 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      86 29 Aug 27 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****F 29-Nov-12 0.24 6-Month BS*****H 21-Feb-13 0.26 1-Year BY*****T 02-May-13 0.25 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.05 100.09 100.06 5-Year N*****0Z 2.375
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    • Article
      Lock icon PALM OIL
      57 29 Aug 27 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 12 3054.0 3030.0 3070.0 3032.0 662 4903 Oct 12 3082.0 3051.0 3098.0 3065.0 3292 ***** Nov 12 3106.0 3069.0 3122.0 3087.0 ***** ***** Dec 12 3116.0 3085.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 29 Aug 27 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2999 1.3012 1.0389 1.0399 Canadian dollar 1.2627 1.2634 1.0097 1.0092 Euro 1.5658 1.5661 1.2514 1.2516 NZ dollar 1.0146 1.0152 0.8109 0.8113 Sterling pound 1.9789 1.9796
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 29 As at 9am Aug 27 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.332 1.269 Can dollar 1.290 1.229 Euro 1.601 1.525 Sterling pound 2.013 1.936 NZ dollar 1.042 0.993 US dollar 1.269 1.221 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      160 29 Aug 27 $S Offer Bid 0vernight 0.05 0.02 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.08 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.35 6 months 0.85 0.65 9 months 1.05 0.85 12
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  • PROPERTY
    • Article, Illustration
      Lock icon Rush on for best land in California
      1553 30 Nascent recovery in new-home sales sees US builders buying up diminishing supply of well-located, ready-for-construction lots Bloomberg GUY Asaro, president of McMillin Homes LLC, bought three land parcels in Texas this year while coming up empty in the San Diego area, where the
      Bloomberg; AFP  -  1,553 words
    • Article, Illustration
      Lock icon Two strata floors of The Octagon up for sale
      351 31  -  Cushman Wakefield taking in offers for property until Sept 18 By TEO SI JIA [LONDON] Two consecutive strata floors of The Octagon have been put up for sale via an expression of interest. The ninth and 10th floors of the 25-storey
      351 words
    • Article
      Lock icon Tampines Industrial Crescent site receives four bids
      308 31 Top bid for the site, with an area of 3.88 ha and 30-year lease, is $55m [SINGAPORE] A site at Plot 3 Tampines Industrial Crescent received four bids at the close of the Industrial Government Land Sales programme on Friday, with a top
      308 words
    • Article
      Lock icon Impending consumption tax rise buoys Japan housing market
      1082 31 Bloomberg RECORD low mortgage rates and the prospect of a consumption tax increase that will add the price of a new Toyota Corolla to the cost of an average home spurred Sumiko Morigaki into action. “Tax hikes have been looming, so that
      Bloomberg  -  1,082 words
  • Page 30 Advertisements
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      179 30 THE OCTAGON Freehold Strata Office Floors in Prime CBD Two consecutive office floors for sale; Total strata area -12, 378 sq ft approx. Strata area each floor- 6,189 sq ft approx. 100m to upcoming Telok Ayer MRT (Downtown Line). Walking distance to Raffles Place and Tanjong Pagar MRT. Ideal for
      179 words
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      Lock icon Page 30 Advertisements Column 2
      65 30 S mm rHE LEADING BUNGALOW SPECIALIST Call Now: 6100 0080 Winner, Singapore Prestige Brand 2009 A Classic Quaint GCB with more than 20yrs old history. Rare plot. Expand your creativity, challenge your passion for innovation. Land ***** sqft approx Built 4000sqft approx Asking $20m A Modern Contemporary GCB Swettenham for
      65 words
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      Lock icon Page 30 Advertisements Column 3
      23 30 1% monthly interest rate attracts more people to pawn valuables repeatedly 1% I" repeatedly \%n To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      23 words
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  • Page 31 Advertisements
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      Lock icon Page 31 Advertisements Column 1
      58 31 Am nn tenant. $15mh n l qf J- Corp. Absolute Pa es t buy! HUGE 12,000 SOFT Check this out and many other properties in CATS Classified in The Straits Times now! WATS BUY IT* SELL IT-FIND IT Pacify the Raging Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to
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      Lock icon Page 31 Advertisements Column 2
      40 31 Castledon Partners An Australian based boutique real estate advisor Our services include: Shopping Mails Development projects Office Commercial buildings Independent investment, acquisition and development management DIRECTOR IN SINGAPORE 27TH 30TH AUGUST M +61 488 384 025 E enquiries@castledon.com.au W www.castledon.com.au
      40 words
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      Lock icon Page 31 Advertisements Column 3
      133 31 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements »AT3 NOTICES Accelerating success. South Sydney Gold Sydney Corporate Park, Alexandria, Australia 126-136 Bourke Road 38-44 Doody Street, Alexandria, NSW South Sydney Gold Sydney Corporate Park, Alexandria, Australia Voted Best Business Park in Australia 2012
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  • Page 32 Advertisements
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      159 32 SEARCHING FOR YOUR IDEAL HOME IS EASIER ON THE MOVE. mmm fCT> 04 MJ D' s stpropertv Fn. 40, w.25TTToT6 Sa\e for (WP M> 3 fa Property Searrh nces ide pes ■IS! Property News CeO»° for e^ 1 er ties Near rtn' (D* 0 cer. idetr I Re-> Contact Us
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