The Business Times, 4 September 2012
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2012-09-04
1
28
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section25 2012-09-04 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Tuesday, eptember 4, 201225 words
-
Article, Illustration756 2012-09-04 1 TEH SHI NING - Factory activity shrinks and QE3 is no magic bullet By TEH SHI NING [SINGAPORE] Asia’s manufacturing’s gloom darkened further in August as the region’s exporters continued to struggle against weak global demand. And while anticipated policy easing from both the US and AsianSource: Markit - 756 words
-
Article, Illustration947 2012-09-04 1 GRACE LEONG - He alleges broken promises but his former associate denies this, hits back By GRACE LEONG [SINGAPORE] When Prince Abdul Hakeem, a nephew of the Sultan of Brunei, sold his stake in smart electric vehicle player Elektromotive Ltd to mainboard-list-ed Lexicon Group and was made947 words
-
MARKETS DIGEST
-
Article65 2012-09-04 1 HST INDEX 3,017.22 (-8.24) HST INDEX FUTURES 3,016.00 (-8.00) HSIMSCI 346.29 (-0.87) HSIMSCI FUTURES 346.20 (-0.90) us$ s$ US$ (S$ per US$) 1.248 (US$/S$ per 1.586 1.979 EURO (US$/S$/€) 1.257 1.568 Foreign currency per US$ S$ YEN 78.40 62.80 RM 3.111 2.493 HK$ 7.757 6.217 BAHT 31.23 25.03 RUPIAH65 words
-
Article46 2012-09-04 1 Monday Change KL COMP 1,653.90 +7.79 NIKKEI 225 8,783.89 -56.02 HANG SENG 19,559.21 +76.64 SET INDEX 1,235.48 +8.00 JAKARTA COMP 4,117.95 +57.62 MANILA COMP 5,219.08 +22.89 SEOUL COMP 1,912.71 +7.59 SHENZHEN B 577.16 +4.92 MUMBAI IND 17,384.40 -45.16 Noon EDT Change DOW Closed NASDAQ Closed46 words
-
Article18 2012-09-04 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.296 TAIWAN 5 036 JAPAN 1.475 Source: Bloomberg18 words
-
-
Page 1 Advertisements
-
Advertisement70 2012-09-04 1 SHELL FIRE MOM charges Shell over safety lapses PAGE 4 PRODUCTIVITY MATTERS A good eye for opportunities PAGE 11 ASEAN TRADING LINK Bursa, SGX to kick things off on Sept 18 PAGE 2 Classique Tourbillon 1 4? g: days 'y <<> ft. S 1 X 8®S i! -u o c70 words
-
Advertisement69 2012-09-04 1 SME Inc Green technology to light up the world PAGE 9 For those that are used to ‘handshake deals’, getting a potential partner or suitor to sign a non-disclosure agreement may not seem important. But that can prove costly. Find out how and what information should be protected in the69 words
-
-
TOP STORIES
-
486 2012-09-04 2 KENNETH LIM - New rules coming on direct access for traders to SGX securities trading system By KENNETH LIM [SINGAPORE] The long-delayed Asean trading link will finally begin on Sept 18 if it does not get postponed again. After an epic wait, the Singapore Exchange486 words
-
Article, Illustration518 2012-09-04 2 SIOW LI SEN - List taken offline after BT queries on the properties By SIOW LI SEN [SINGAPORE] Now you see it, now you don’t. Last week, United Overseas Bank (UOB) advertised a slew of new property launches on its website. But following queries from The518 words
-
Article, Illustration555 2012-09-04 2 Reuters [BEIJING] China’s vast manufacturing sector has been badly hit by slowing new orders, two complementary surveys showed, a sign that the pace of growth in the world’s second-largest economy will weaken well into the third quarter and possibly beyond. The finalReuters; Sources:Markit, CEIC - 555 words
-
Article457 2012-09-04 2 Exporters in Asia get that sinking feeling ASIA’S manufacturing gloom darkened further in August as the region’s exporters continued to struggle against weak global demand. And while anticipated policy easing from both the US and Asian central banks could help, that may do no more than limit the457 words
-
Article, Illustration572 2012-09-04 4 CAI HAOXIANG - Pulau Bukom refinery fire due to violations of Workplace Safety and Health Act, it says By CAI HAOXIANG [SINGAPORE] Dutch oil giant Shell has been charged by the Ministry of Manpower (MOM) over safety lapses that led to a fire breaking out at itsTHE STRAITS TIMES FILE PHOTO - 572 words
-
644 2012-09-04 4 S JAYASANKARAN - But some analysts disagree with group’s concerns By S JAYASANKARAN in Kuala Lumpur AN influential shareholder group has raised concerns about the impending initial public offering of satel-lite-TV operator Astro Holdings but market watchers dispute its analysis. “Our grouses still remain with regard to644 words
-
Article, Illustration443 2012-09-04 4 VEN SREENIVASAN - By VEN SREENIVASAN [SINGAPORE] Even as Qantas considers a strategic tie-up with Emirates, Etihad Airways yesterday said it had increased its equity stake in Virgin Australia Holdings to 10 per cent. This comes after it bought 221 million Virgin Australia shares on443 words
-
417 2012-09-04 4 EMILYN YAP - By EMILYN YAP [SINGAPORE] Compensation clawbacks are happening in the financial industry though they have yet to become a common practice. Consultancy firm Mercer found that last year, 17 per cent of banks asked employees for compensation back. Among insurance companies,417 words
-
-
Page 2 Advertisements
-
Advertisement152 2012-09-04 2 Asia’s Premier Exhibitions on Medical Technologies and Workplace Safety Health MEDICAL MANUFACTURING ASIA The Manufacturing Processes for Medical Technology Exhibition MEDICAL FAIR ASIA 9 th International Exhibition on Hospital Diagnostic, Pharmaceutical, Medical Rehabilitation Equipment Supplies The 8 th Occupational Safety+Health Exhibition for Asia More than international OUU leading companies from152 words
-
-
Page 3 Advertisements
-
Advertisement828 2012-09-04 3 On 16 February 2011, the IBM computer Watson rang in with the correct response (Who is Bram Stoker?) to the final clue, winning a challenge against two human champions of the TV quiz show Jeopardy! It was a rare pop culture moment for a project that began deep within IBM828 words
-
-
Page 4 Advertisements
-
Advertisement89 2012-09-04 4 YOGA BY THE SEA Your favourite all-women outdoor yoga event is back! Join us for an invigorating yoga session by the sea. Details LIMITEDPLACESONLY! DATEOct 21, 2012 TIME6am VENUEDalbergia Green, East Coast Park REGISTRATION FEE$30* (UP $38) Early-bird promotion until 14 Sep 2012. Receive fabulous door gifts worth over $400!89 words
-
-
COMPANY NEWS
-
Article, Illustration429 2012-09-04 5 ANGELA TENG - Singapore PM at inauguration ceremony of mixed development By ANGELA TENG CAPITALAND’S Raffles City Chengdu, the fourth “Raffles City” development in the group’s international portfolio, was officially launched yesterday. The inauguration ceremony yesterday was graced by Singapore Prime Minister Lee Hsien Loong; Wei Hong, memberLIM WUI LIANG/THE STRAITS TIMES - 429 words
-
417 2012-09-04 5 LYNN KAN - By LYNN KAN SOON-to-be listed Ezra Holdings subsidiary Triyards laid out its ambitions to grow two lines of business after its introduction on the Singapore Exchange mainboard: offshore equipment and ship repairs. Triyards is slated for listing on Oct 11 by way of Ezra417 words
-
432 2012-09-04 5 JOYCE HOOI - Analysts think Apple has picked the firm as a key supplier By JOYCE HOOI ANALYSTS are speculating whether Hi-P International’s investment of at least $300 million signals that Apple has chosen the elec-tro-mechanical modules firm as a key supplier. “As part of Apple’s ongoing432 words
-
446 2012-09-04 7 ANDREA SOH - It signs MOU for 60% stake in JV; removal from SGX watch-list today By ANDREA SOH GSH Corporation, in which “popiah king” Sam Goi recently became the largest shareholder, has identified a possible property development venture in China as part of its inorganic446 words
-
353 2012-09-04 7 TEO SI JIA - TEE unit exercises option to purchase $22.6m properties By TEO SI JIA TEE International, KSH Holdings and Heeton Holdings have agreed to enter into yet another joint venture for a redevelopment project in Geylang. TEE International’s unit TEE Realty Pte Ltd, through353 words
-
Article314 2012-09-04 7 ShareInvestor A SUBSIDIARY OF Sfh TeleChoice’s 1H12 Revenue Increased By 25.6% To S$224.3 Million Revenue for 1H12, S$224.3 million increased by 25.6%. The improved performance was driven by stronger sales by Personal Communications Solutions (PCS) and Engineering Services divisions offset by a drop in revenue from Info-Comm314 words
-
308 2012-09-04 7 ANGELA TENG - By ANGELA TENG KEPPEL Seghers Belgium NV, a whollyowned subsidiary of Keppel Integrated Engineering Ltd (KIE), is part of a consortium that has been awarded a contract worth about $124 million for a waste-to-energy combined heat-and-power project in Bialystok, Poland. The consortium comprises Keppel Seghers,308 words
-
308 2012-09-04 8 CARINE LEE - RMB588m contract is to provide train cars for Nanjing intercity project By CARINE LEE MIDAS Holdings’ joint-ven-ture company, Nanjing SR Puzhen Rail Transport Co Ltd (NPRT), together with its consortium partners Shanghai Alstom Transport Electrical Equipment Co Ltd and Alstom Transport SA, has clinched308 words
-
Article, Illustration348 2012-09-04 8 KENNETH LIM - Bourse sees increases in activity in existing contracts By KENNETH LIM AVERAGE daily turnover on the Singapore Mercantile Exchange grew more than six times to US$418 million in its second year of operation, the derivatives bourse said yesterday. The growth came amid broad-based increases348 words
-
COMPANY BRIEFS
-
65 2012-09-04 8 Reuters [LONDON] Credit Suisse is relocating dozens of back-office jobs from Singapore to India and Poland as part of efforts to cut costs, the Financial Times reported yesterday. The newspaper cites two people familiar with the situation as saying the bank was relocatingReuters - 65 words
-
119 2012-09-04 8 NAM Cheong Ltd has secured two sale contracts worth a total of US$59 million for the sale of two accommodation work barges (AWBs) to Perdana Petroleum Berhad. The 100 metre-long vessels are scheduled for delivery in the second quarter of 2013, and119 words
-
90 2012-09-04 8 CHIP Eng Seng Corporation Ltd said it had clinched a $210 million contract from the Housing Development Board. The firm will be involved in the construction of five residential building blocks with 1,232 units and other community facilities. The construction period is about90 words
-
70 2012-09-04 8 KREUZ Holdings said that it has received the approval-in-principle from the Singapore Exchange (SGX) to transfer to the main board from Catalist. Kreuz will also seek shareholder approval to acquire a multipurpose subsea dive support and construction vessel. The company is in negotiations70 words
-
77 2012-09-04 8 SUPER Group Ltd said that its wholly-owned subsidiary, Super Coffee Corporation Pte Ltd, has acquired an additional 10 per cent stake in the share capital of Super Vending Pte Ltd for $85,500. The stake was bought from Low Kuei-Hsiang nee Chan,77 words
-
100 2012-09-04 8 A CONSORTIUM of four Singapore securities companies have signed a memorandum of understanding with Dion Global Solutions to implement its post-trade processing solution, Nova, on a centralised hosted deployment model. The four AmFraser Securities, CIMB Securities (Singapore), DMG Partners Securities and Lim100 words
-
72 2012-09-04 8 XMH Holdings Ltd said that its wholly-owned subsidiary, XMH Engineering Pte Ltd, has secured 190.6 million yen (S$3 million) worth of contracts. The contracts, which include options for repeat orders, will see XMH Engineering supply and commission equipment and engines onto 1,20072 words
-
-
-
Page 5 Advertisements
-
Advertisement228 2012-09-04 5 flail ((■■■I) 11 In the end, you're measured not by how much you undertake but by what you finally accomplish. 55 *.'0 o r DonaldTrump MD1S Business School 9 ixa hands-c V 11(111 n 5 IT 1 newec ILL' GRENOBLE ECOLE DE MANAGEMENT Graduate School of Business Triple accredited by228 words
-
Advertisement208 2012-09-04 5 *****2 r ill I LU ?$h rm= I World's Finest Serviced Offices Best address, best receptionist, best IT and support Flexible lease terms starting from one month For less than the cost of a secretary We help businesses succeed Call to arrange a personal tour today! Sf*N W servcorp.com.sg Or208 words
-
-
SINGAPORE MARKETS
-
Article, Illustration601 2012-09-04 6 R SIVANITHY - Market’s trading volume remains poor at 1.1 billion units valued at $678 million STOCKS R SIVANITHY Senior Correspondent THERE were no surprises in yesterday’s session in the local stock market. First, trading volume, which has been poor for months, remained rooted atSource: Bloomberg - 601 words
-
Article66 2012-09-04 6 Sep 3 VALUE CLOSE BT OB/OS -151.00 -24.00 BT CADI -*****.00 +8.00 BT 10-day MA -*****.00 -15.00 FTSE ST Mid Cap 715.79 +3.89 FTSE ST Small Cap 467.45 +1.86 FTSE ST All Share 733.53 -0.75 FTSE ST China Top 198.96 -0.19 FTSE ST China 217.75 -0.42 FTSE66 words
-
Article186 2012-09-04 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 2 4 0 0 0 8 2 4 Manufacturing 43 49 45 6 10 6 49 59 51 Commerce 28 21 11 4 5 1 32 26 12 Tpt/Stor/Comms 17 10 12186 words
-
Article, Illustration906 2012-09-04 6 JOYCE HOOI - Compiled by JOYCE HOOI Sembcorp Marine Sept 3 close: $5.01 DBS Group Research, Sept 3 AUGUST was a bumper month for Sembcorp Marine (SMM), with $6.1 billion added to its order book. Included were the five drillships and the two anticipated floating production, storage and offloading (FPSO) projectsSource: Bloomberg - 906 words
-
Article123 2012-09-04 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 17,287 17,287 56,132 56,132 Manufacturing 160,500 116,048 276,548 114,711 2,389 117,100 Commerce 109,638 676 110,314 86,358 171 86,529 Tpt/Stor/Comms 77,561 14,332 91,893 91,662 4,336 95,998 Finance 37,966 12,708 50,674 91,384 5,546 96,929 Construction 44,523 24,664123 words
-
Article109 2012-09-04 6 Stock name Close Change Stock name Close Change CapMallsAsia 1.650 -0.005 CapitaLand 3.000 -0.010 CapitaMall 1.975 -0.005 CityDev 11.520 ComfortDelGro 1.660 -0.015 DBS Grp 14.400 -0.050 F&N 8.220 +0.010 GLP 2.380 +0.010 Genting SP 1.365 Golden Agri 0.705 -0.005 HK Land 6.060 -0.040 JMH 54.000 +0.180109 words
-
Article, Illustration459 2012-09-04 6 CURRENCIES Reuters [LONDON] The euro held steady yesterday, supported by expectations that the European Central Bank (ECB) will detail plans this week to stem the debt crisis, but vulnerable to the risk of disappointment and flagging growth prospects. The growth-linked Australian dollar fell toReuters; BLOOMBERG - 459 words
-
Article53 2012-09-04 6 VOLUME Elektromotive 55,794,000 Golden Agri 29,119,000 AdvanceSCT 27,685,000 Inno-Pac 26,925,000 TopGlobal 24,332,000 LionGold 24,282,000 Artivision 23,900,000 CCFH 19,227,000 Noble Grp 19,164,000 Olam 15,763,000 VALUE($) Keppel Corp 35,781,220 LionGold 30,200,700 Olam 30,182,310 DBS Grp 29,783,830 UOB 27,671,680 Sakari 26,018,990 OCBC Bk 25,289,265 Noble Grp 23,137,340 STXOSV 22,572,390 Golden53 words
-
Article115 2012-09-04 6 BY CENTS CLOSE UP GLD 10US$ ***** 376.7 1.9 Hyflux 6% CPS 10 ***** 260.0 2.4 DBXT MSTHAI 10US$ 1834 61.1 2.7 Lyxor US DJIA 10 US$ 1326 44.9 2.8 Great Eastern 1425 42.0 3.0 DBXT AUD Bonds 5AU$ ***** 28.2 0.1 DBXT MSINDO 10us$ 1440 25.0 1.4 DairyFarm115 words
-
Article125 2012-09-04 6 BY CENTS CLOSE DOWN UOB 5.05%NCPS 100 ***** -230.0 -2.2 DBXT MSKorea 10US$ 5430 -143.4 -2.1 DBXT SPASX200 10US$ 3411 -89.8 -2.1 IS S&P500 ***** -76.1 -0.4 Jardine C&C 4580 -49.0 -1.1 IS ASIA HYG100S$D 1335 -42.0 -3.1 IS ASIA HYG100US$ 1072 -29.9 -2.2 DBXT S&P Short 10US$ 3602125 words
-
-
Page 7 Advertisements
-
Advertisement144 2012-09-04 7 TOKY U.H With ANA’s network, we take you from Singapore to the United States via Tokyo with no hassles. Los Angeles Chic go San Francisco Seattle New York Washington D.C W Tll-t I I WIT; *3 13 Li, al mm I a Launching the flight service between Singapore and Seattle!144 words
-
-
Page 8 Advertisements
-
SINGAPORE NEWS
-
Article, Illustration445 2012-09-04 9 MALMINDERJIT SINGH - Shrinking, ageing workforce, educated population with higher aspirations are challenges By MALMINDERJIT SINGH GETTING more Singaporeans to participate in the labour force and boosting productivity are two solutions to Singapore’s demographic challenges, but since both of these approaches have their limitations, employing foreign manpower is445 words
-
Article306 2012-09-04 9 ZEINAB YUSUF SAIWALLA - By ZEINAB YUSUF SAIWALLA NINE members, including the president and all three vice-presidents from the Singapore Chinese Chamber of Commerce Industry (SCCCI), are in China this week to help Singapore SMEs gain a first-mover advantage in Singapore’s flagship projects in Chengdu and Tianjin. The business306 words
-
371 2012-09-04 9 Aviva attributes its strong showing to easily understood insurance products SPURRED by its bancassurance and financial distribution sector, Aviva Singapore posted strong growth in the first half of 2012. The insurance company recorded a 23 per cent year-on-year rise371 words
-
Article, Illustration211 2012-09-04 9 CHUANG PECK MING - By CHUANG PECK MING in Chengdu BOTH the Sichuan provincial and Singapore governments have high hopes for the Singapore-Sichuan Hi-Tech Innovation Park, Senior Minister of State for Trade and Industry Lee Yi Shyan said here yesterday. Private-sector investors in the project should do theirLIM WUI LIANG/THE STRAITS TIMES - 211 words
-
253 2012-09-04 9 MALMINDERJIT SINGH - Two students will study economics in the UK, one at NUS By MALMINDERJIT SINGH FOR the first time, the Singapore government yesterday awarded the Economist Service scholarship to three students under the Singapore Government Scholarship scheme. The Economist Service scholarship, launched last year, is tied253 words
-
-
Page 9 Advertisements
-
Advertisement147 2012-09-04 9 START SPREADING THE NEWS ...THE SMASH-HIT SHOW IS COMING TO MARINA BAY SANDS V s A DIRECT FROM LONDON’S WEST END AND BOYAl N ALBERT KILL Louis Hoover’s o i wwW .Iouishoover.co.uk THF uni i vwnflD ORCHESTRA If he played football like he sings, I'd sign him tomorrow. Sir Alex147 words
-
Advertisement69 2012-09-04 9 Offering access to these additional features at no extra cost! ShareInvestor Station Quote Movements Price Download Dynamic Data Exchange (DDE) TA Market Scanner ShareInvestor WebPro Quote Movements Price Download Interactive Chart Volume Distribution Chart TA Market Scanner Enjoy 12% discount for your membership sign-up or renewal*. *Terms and conditions apply.69 words
-
-
SME Inc
-
Article, Illustration1333 2012-09-04 10 WANG XIN MIN - JK Lighting specialises in highly energy efficient induction lighting, which has a lifespan of 100,000 hours, reports WANG XIN MIN reportsWANG WANG XIN MIN THOMAS Edison, generally recognised as the inventor of the light bulb, was said to have made almost 10,000 attemptsYEN MENG JIIN - 1,333 words
-
Article, Illustration926 2012-09-04 10 JOHNSON TAN - Key solutions maintain partner engagement, deliver short and longer-term initiatives COMMENTARY By JOHNSON TAN The writer is business development director of Grass Roots Asia Pacific, a performance improvement company THE Asia-Pacific region is a massive market and many companies from start-ups toREUTERS - 926 words
-
-
Page 10 Advertisements
-
Advertisement65 2012-09-04 10 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 with65 words
-
-
PRODUCTIVITY MATTERS
-
Article, Illustration1021 2012-09-04 11 reportsNISHA RAMCHANDANI - Nanyang Optical is sharpening its business operations by investing in technology and R&D, reports NISHA RAMCHANDANI RETAIL reportsNISHA reportsNISHA RAMCHANDANI SINGAPORE-based Nanyang Optical is investing in technology as well as research and development (R&D) to sharpen its business operations as part of its bid to1,021 words
-
Article338 2012-09-04 11 Schemes relevant to retailers: FUNDING WORK PROCESSES IMPROVEMENT WORKFORCE DEVELOPMENT LEGEND SCHEME WHAT YOU GET WHO TO CONTACT Productivity and Innovation Credit (PIC) Innovation and Capability Voucher Scheme (ICV) Businesses can enjoy 400% tax deduction and/or a cash payout of up to $60,000 for their spending across338 words
-
Article, Illustration932 2012-09-04 11 TEH SHI NING - By TEH SHI NING THE sales staff at FJ Benjamin (FJB) retail outlets here clocked more than 10,000 hours of training in the last two years, in the company’s bid for service excellence. And by the fashion and lifestyle retailer’s own reckoning, its investment932 words
-
-
MALAYSIA/INDONESIA
-
Article, Illustration835 2012-09-04 12 Import growth slows after 2-digit hikes for the rest of 2012; rupiah weakens Reuters [JAKARTA] Indonesia’s trade deficit in July surprisingly narrowed from a record gap in June as import growth slowed, though South-east Asia’s biggest economy needs steady improvementsReuters; REUTERS - 835 words
-
452 2012-09-04 12 IFR Asia [SINGAPORE] Creditors facing a potential default on the MRCB Southern Link project bonds have been offered a lifeline after the Malaysian federal government said last Thursday that it would take over the new Eastern Dispersal Link in Johor Baru from theIFR Asia - 452 words
-
351 2012-09-04 12 Company riding on experience gained in Sepang runway deal [KUALA LUMPUR] Gadang Holdings Bhd is bidding for construction jobs worth more than RM2 billion (S$800 million), mostly government projects, to grow its future earnings. Its managing director and chief executive officer Kok Onn said351 words
-
Article, Illustration389 2012-09-04 12 [KUALA LUMPUR] The lubricant division of Petronas Dagangan Bhd (PDB) is looking at expanding its business in other sectors aside from the traditional automotive, namely in industrial, marine, power generation and plantations. PDB lubricant business division general manager Mohd Shobri Bakar said although Malaysia isREUTERS - 389 words
-
272 2012-09-04 12 Reuters [KUALA LUMPUR] The institutional tranche of Malaysia’s IGB Real Estate Investment Trust’s US$266 million listing is already oversubscribed, said two sources with direct knowledge of the matter, signalling strong demand for the deal. The deal is set to be Malaysia’s fourth largest IPOReuters - 272 words
-
-
Page 12 Advertisements
-
Advertisement50 2012-09-04 12 The SME Magazine coming to you with your copy of The Business Timestomorrow! IN THIS ISSUE: 8,9 -51 251:(=!!<*+ -,44*#-=56 -5#+! ?*6% $=#4! !5;*0 /**%=1" >?* -,4%513 566 =1 >?* $54=63 .?3 %*#!,156 $=151-=56 %6511=1" =4%,#>51> *1>#*%#*1*<#! 7?* =4%,#>51-* -,1$=+*1>=56=>3 51+ 1,1(+=!-6,!<#* 5"#**4*1>! ’$$*->=;* -,44<1=-5>=,1& .?3 5 -?5> 2*>>*# >?5150 words
-
-
PRIVATE EDUCATION
-
Article, Illustration1174 2012-09-04 13 LEE U-WEN - These institutions are now viewed as integral to help meet growing demand for higher education in Singapore, reports LEE U-WEN reportsLEE LEE U-WEN IT wasn’t too long ago when taking the private education route to earning a degree was viewed in a less-than-favoura-ble light by bothFILE PHOTO - 1,174 words
-
-
Page 13 Advertisements
-
Advertisement69 2012-09-04 13 “Global Recognition is the result of a quality education that’s delivered in a professional manner and that lives up to international standards. W Richard Y M Eu Former Chairman K ’.'i SIM Governing Council in S' uJ. H -liS ai 351 C*Oi 5 II wv 4 1 L V >169 words
-
-
GREATER CHINA/INDIA
-
Article, Illustration415 2012-09-04 14 Reuters [NEW DELHI] India’s top court has allowed 18 mines to resume iron ore mining in Karnataka state after a suspension of more than a year on environment concerns, a supreme court judge said yesterday, opening up about five millionReuters; REUTERS - 415 words
-
520 2012-09-04 14 Retail players edged out, making space for wealthy clients Reuters [SHANGHAI] The Chinese retail investor trading room, a photogenic anachronism frequented by tea-swilling, day-trading retirees who buy and sell stocks between hands of cards, may soon be gone as brokerages cut costsReuters - 520 words
-
574 2012-09-04 14 Interest rate differential is becoming key driver of movements Reuters [SHANGHAI] China’s steps to open its capital account are quietly transforming the country’s onshore foreign exchange forward market by allowing interest rates to replace expectations of currency trends as the main driver of theReuters - 574 words
-
572 2012-09-04 14 Move brings clarity but land prices likely to rocket Reuters [MUMBAI] More than a century after it was drawn up by British colonial rulers, India’s land acquisition law is finally set for a revamp that promises to breathe life into scores ofReuters - 572 words
-
220 2012-09-04 14 Reuters [MUMBAI] Morgan Stanley cut India’s economic growth forecast to 5.1 per cent yesterday, the lowest among most private forecasters for the 2012/13 fiscal year, citing weak external demand, low private investment and poor government finances. The US investment house had previously projected Asia’s third-largestReuters - 220 words
-
-
Page 14 Advertisements
-
Advertisement469 2012-09-04 14 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 businesses469 words
-
-
ECONOMY WATCH
-
Article, Illustration1013 2012-09-04 15 3 out of 4 Fed presidents in favour of strategy wants programme to start Bloomberg [WASHINGTON] Federal Reserve chairman Ben Bernanke says the US economy is “far from satisfactory”. His colleagues are moving to embrace policies that will stay in place until he’s satisfied.Bloomberg; REUTERS - 1,013 words
-
Article, Illustration724 2012-09-04 15 Reuters [SYDNEY] Australian retail sales suffered a surprising spill in July, as consumers shunned department stores after two months of strong spending, denting the local dollar and narrowing market odds for another cut in interest rates. Government figures showed retail salesReuters; AFP - 724 words
-
568 2012-09-04 15 Rebuilding and perks for low emission cars buoy domestic demand Reuters [TOKYO] Japanese companies raised capital spending in April-June from a year earlier, up for a third straight quarter as rebuilding from last year’s earthquake and government stimulus for low emissionReuters - 568 words
-
695 2012-09-04 15 This is despite opposition’s call for a rethink Bloomberg [LONDON] UK Prime Minister David Cameron said on Sunday that his government will continue with its deficit-reduction plans amid calls from opposition lawmakers for a rethink, as the economy struggles to recover from aBloomberg - 695 words
-
-
WORLD
-
Article, Illustration817 2012-09-04 16 US banks, consulting firms doing brisk biz advising corp clients on contingency plans NYT [NEW YORK] Even as Greece desperately tries to avoid defaulting on its debt, US companies are preparing for what was once unthinkable: that Greece will soonNYT; AP - 817 words
-
618 2012-09-04 16 Oil dollars will keep investment banks busy, says Barclays Reuters [DUBAI] The Middle East will be an important growth area in coming years for investment banks, including Barclays, as local wealth funds put their oil dollars to work buying European assets,Reuters - 618 words
-
780 2012-09-04 16 Reuters [NEW YORK] Several dozen Morgan Stanley Smith Barney advisers who manage tens of billions of dollars of client money are considering leaving the firm, saying that widespread technology problems have made it very difficult for them to do their jobs, according to people familiarReuters - 780 words
-
Article, Illustration944 2012-09-04 17 Firms opt for more private bilateral facilities, bonds as borrowing costs rise Bloomberg [HONG KONG] Syndicated lending in the Asia-Pacific region is growing at the slowest pace in seven years as companies face rising borrowing costs and opt for more private, so-called bilateralBloomberg; BLOOMBERG - 944 words
-
379 2012-09-04 17 NYT [NEW YORK] Back when Apple was an underdog, it had an easier time shrouding its product announcements in mystery and perhaps catching its competitors off-guard. But now tech companies are watching every one of Apple’s moves and scrambling to get out inNYT - 379 words
-
Article, Illustration432 2012-09-04 17 NYT [SEOUL] When a jury in San Jose, California, ordered Samsung Electronics to pay US$1.05 billion in damages for violating Apple’s patents, it did more than decide who had infringed upon whose intellectual property. To South Koreans, the legal battle highlighted the strengths andNYT; REUTERS - 432 words
-
436 2012-09-04 17 Maori groups had threatened to go to court over the project Reuters [WELLINGTON] New Zealand is to delay its first partial sale of a state power company by up to six months after it moved to consult further with indigenous people overReuters - 436 words
-
Article, Illustration1339 2012-09-04 18 South-east Asia sees enhancing transport systems as way to boost economy ANALYSIS Reuters [BANGKOK] In western Thailand, bulldozers will soon clear land for a highway into Myanmar. In the Philippines, another Manila-area toll road is getting under way. Indonesian leaders promise more railways andReuters; AFP - 1,339 words
-
-
Page 16 Advertisements
-
Advertisement15 2012-09-04 16 I 3 SINGAPORE'S Horresr hits HEAR THewAvre&s HOTTEST HITS ON HOT FM 91.3 m V15 words
-
Advertisement17 2012-09-04 16 V 1 y ■;v 'V.ffl L SSSSSwW*^ how to Win a SamsU^W~oteX0.1 Mog.omy.sg/tnrthday 0 0 0 /i17 words
-
-
Page 17 Advertisements
-
Advertisement186 2012-09-04 17 WARS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices DONGFANG SHIPBUILDIN (GROUP) COMPANY LIMIT! (IN LIQUIDATION) UEN *****8444D Expressions of Interest Yit Chee Wah of FTI Consult (Singapore) Pte Ltd. w appointed as Liquidator DONGFANG SHIPBUILDI (GROUP) COMPANY LIMIT (the “Company”) on 17 August 2C The Company, via its subsidiar is186 words
-
Advertisement319 2012-09-04 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ORIENT CHINA INVESTMENTS (SINGAPORE) PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NO. *****8293H Extract of the Minutes of an Extraordinary General Meeting of ORIENT CHINA INVESTMENTS (SINGAPORE) PTE LTD signed by the Representative of the319 words
-
Advertisement282 2012-09-04 17 IN THE MATTER OF THE COMPANIES ACT CAP. 50 AND IN THE MATTER OF 811 DEVELOPMENTS PTE. LTD. Co. Reg. No. *****1927R (In Members’Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Cap 50 that the Final Meeting of the members282 words
-
Advertisement403 2012-09-04 17 IN THE MATTER OF THE COMPANIES ACT CAP. 50 AND IN THE MATTER OF EASTSIDE INVESTMENTS PTE. LTD. Co. Reg. No. *****2221C (In Members’ Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Cap 50 that the Final Meeting of the403 words
-
Advertisement408 2012-09-04 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PURSUANT TO SECTION 290(2)(b) AND IN THE MATTER OF SWEET SECRETS PASTRY SHOP PTE LTD (Company No: *****3530D) (In Members’Voluntary Winding Up) At an Extraordinary General Meeting of the above-named Company duly convened and held at 19B Paya Lebar Crescent, Singapore408 words
-
-
Page 18 Advertisements
-
Advertisement554 2012-09-04 18 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 News554 words
-
-
AVIATION/SHIPPING
-
Article, Illustration461 2012-09-04 19 VEN SREENIVASAN - CAAS also sets aside $200m for research institutes, think tanks, R&D activities By VEN SREENIVASAN THE Civil Aviation Authority of Singapore (CAAS) has invested about $300 million to set up air-traffic management and simulator training systems for the latest Long Range Radar Display SystemCAAS - 461 words
-
406 2012-09-04 19 Bloomberg [SINGAPORE] Air China Ltd, the world’s most-in-debted airline, plans its first domestic bond sale in three years as earnings plunge on a double-wham-my of slowing economic growth and a weaker yuan. The carrier, which owes US$14.2 billion, said last weekBloomberg - 406 words
-
503 2012-09-04 19 Reuters [STAVANGER, Norway] A change in strategy to take on big risks has transformed Norway’s Statoil into one of the world’s top explorers for oil and gas in the past 18 months, with a series of big discoveriesReuters - 503 words
-
406 2012-09-04 19 Gol Linhas’s debt to earnings the highest among 31 carriers Bloomberg [SAO PAULO] Gol Linhas Aereas Inteligentes SA’s US$1.6 billion debt load, the most of any major airline worldwide relative to profit, is fuelling speculation it will sell assets to raiseBloomberg - 406 words
-
Article, Illustration407 2012-09-04 19 Bloomberg [LONDON] Hire costs for the largest oil tankers are so low and the oversupply of the vessels is so acute that shipowners are paying to carry crude for clients, said Braemar Seascope Ltd. Owners of very large crude carriers (VLCCs) thatBloomberg; AFP - 407 words
-
224 2012-09-04 19 Reuters [WASHINGTON] Royal Dutch Shell will soon get a temporary air permit to operate a drilling rig offshore Alaska, the Environmental Protection Agency said, helping the company move closer to its long-delayed goal of exploring for oil in the Arctic.Reuters - 224 words
-
Article252 2012-09-04 19 SGX '000 Sep 3 S$ +/-Vol CH Offshore 0.46 0.02 778 Chuan Hup Hldg 0.25 unch 521 Cosco Corp 0.97 -0.01 5300 S$ Ezra Hldgs 1.08 unch 3896 First Ship Lea 0.12 unch 1181 Freight Links 0.06 unch 162 Grand Banks 0.26 -0.04 50 Jaya Hold Ltd unch252 words
-
1941 2012-09-04 22 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 STXPO TBN Antwerp/UK Destination STXPO TBN1,941 words
-
-
Page 19 Advertisements
-
Advertisement32 2012-09-04 19 cm Lianhe Zaobao Chinese experts warn that real estate bubble will burst in 5 years' time 2/3 property firms will collapse MS7 1: ie*5$FWIi! To subscribe, call 6388-3838 or go to sphsubscription.com.sg32 words
-
-
Page 19 Miscellaneous
-
Miscellaneous292 2012-09-04 19 CRYPTIC CROSSWORD Across 7 Passionate chap in bunk’s in charge (8) 9 Stood at the bar perhaps, all over(6) 10 Big cuddle by sweetheart (4) 11 He got excited during shift, evoking nude (10) 12 Dread is maybe revealing horror (6) 14 Line in surreal gag (8) 15 ‘Crazy Gang’292 words
-
-
EDITORIAL & OPINION
-
516 2012-09-04 20 EDITORIAL NOTHING is constant in aviation. Three months ago, during its annual gathering in Beijing, the International Air Transport Association (Iata) reiterated that net post-tax profits for the industry would fall to US$3 billion in 2012. This would translate to a margin of 0.5 per516 words
-
Article, Illustration835 2012-09-04 20 YOGI AGGARWAL - THE BOTTOM LINE YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT WILL the Indian government be forced to recognise a patent for a cancer treatment drug claimed to be effective for people with a deadly form835 words
-
Article, Illustration1125 2012-09-04 20 CHEONG CHOONG KONG - Banks won’t be safe from moral and financial disaster unless there’s a culture of integrity By CHEONG CHOONG KONG Dr Cheong, the chairman of OCBC Bank Group, delivered this speech on Aug 13 at the opening of the 2012 OCBC Executive Development programme. TheBLOOMBERG FILE PHOTO - 1,125 words
-
Article, Illustration993 2012-09-04 21 LEON HADAR - This despite his hope and Romney’s fear that Fed chairman would ‘do something’ to energise economic recovery LEON HADAR Washington Correspondent THE US economy is not doing so well, and unemployment remains above 8 per cent, the American people are depressed, andAFP - 993 words
-
Article, Illustration682 2012-09-04 21 NEIL BEHRMANN - NEIL BEHRMANN London Correspondent FEDERAL Reserve Board chairman Ben Bernanke’s Jackson Hole speech last Friday caused gold and silver to break out of their long-standing respective trading ranges of US$1,550-1,640 and US$27-29 an ounce. In volatile markets, prices jumped to five-month highs onBLOOMBERG - 682 words
-
LETTERS TO THE EDITOR
-
383 2012-09-04 21 Peter Chuah - Peter Chuah I REFER to the letter by Mano Sabnani (“F&N repayment to shareholders unattractive”, BT, Aug 30) and the explanation given by F&N investor relations manager Jennifer Yu (“F&N explains proposed capital reduction exercise”, BT, Sept 1-2). I am not convinced that383 words
-
242 2012-09-04 21 Denis Distant - Denis Distant I REFER to the Fraser Neave (F&N) proposal to cancel 1 in 3 of its issued shares and pay shareholders $8.50 for each cancelled share. The payment will be made using 84 per cent of the profit (not the proceeds) of242 words
-
520 2012-09-04 21 Prithpal Shigh - Prithpal Shigh IN an article I wrote that was published in The Business Times on Nov 30, 2011, I highlighted the worsening congestion in Singapore’s airspace, causing delays to both incoming and outgoing air traffic. I highlighted the additional cost burden this was placing520 words
-
-
-
Page 22 Advertisements
-
Advertisement32 2012-09-04 22 PLACE YOUR AD HERE The Business Times Shippii\ CALL JOE WON G AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? II32 words
-
Advertisement32 2012-09-04 22 Experienced ship maintenance £ndy h ou y r services services wanted, here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES IIIL UUJINLJJ IIIVILJ Shipping Times32 words
-
-
SINGAPORE STOCKS
-
Article2945 2012-09-04 23 Transaction date: Sep 03 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 +0.5 1592,945 words
-
Article184 2012-09-04 24 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 Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale ('000) High Low Buyer Seller C'vr184 words
-
Article8146 2012-09-04 24 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha Fund Cl A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited 0.95/ Aberdeen Asset Mat Asia Limited Asian Local "<fcy SD Bond 0.98?4/ EM local Ccy8,146 words
-
Article206 2012-09-04 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 $mil 46 25.5 AVJennings A28 -1 47 28 28 28 30 3.6 12.5 2.2 72.9 41.5 25.5 Genting HK US$ US33.5 unch 2099 33.5 32.5 33 33.5 2205.8206 words
-
Article993 2012-09-04 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 $mil 130 114.4 ABF SG Bond ETF 120.1 +0.1 17 123 120.1 120.1 122 548.2 126.8 122.2 CIMB APAC Div 100S$D 126.8 125.7 126.6 103 95.8 CIMB993 words
-
-
FINANCE & COMMODITIES
-
Article634 2012-09-04 25 Sep 03 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8836.61 8893.39 8773.40 Sep12 8835.00 8930.00 8760.00 8770.00 *****9 *****4 Dec12 8770.00 8855.00 8695.00 8710.00 8101 ***** MSCI TAIWAN INDEX FUTURES SPOT 263.68 264.80 261.94 Sep12 261.40 264.90 260.40 263.70 ***** *****9 Oct12 252.60634 words
-
373 2012-09-04 25 In local curr In S$ In US$ dy yr dy yr dy yr Aug 31 Index Change Change Change Change Change Change World Preliminary 899.1 0.4 8.4 0.2 4.2 0.7 8.3 EAFE Preliminary 714.6 0.0 4.8 0.0 0.3 0.6 4.2 Europe Preliminary 1084.1 0.5 5.6373 words
-
Article, Illustration130 2012-09-04 25 As on 31 August 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL INDIA GOLD (E-GOLD) FUT OCT2012 555.55 550.15 559.35 190 GOLD FUT DEC2012 1665.70 1659.70 1687.50 19 CURRENCY EUR-USD FUT SEP2012 1.2632 1.2498 1.2576 3830 BASE METAL COPPER FUT DEC2012 7640 7568130 words
-
Article107 2012-09-04 25 Aug 31 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 12 1764.50 1770.25 1771.00 1753.00 Nov 12 1756.50 1763.50 1763.25 1745.50 Jan 13 1751.00 1757.50 1757.00 1739.00 Mar 13 1684.25 1680.25 1686.25 1663.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 12 56.42107 words
-
Article70 2012-09-04 25 CRUDE OIL PRODUCTS Aug 31 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 114.55 1.68 WTI (Near Mth) 96.41 1.66 Dubai (1-Mth F) 110.59 0.28 Tapis blend 116.30 0.02 Minas 112.80 0.02 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 107.33 0.44 Jet Kerosene 133.27 0.15 US$/barrel OpecOil Basket70 words
-
Article23 2012-09-04 25 Sep 3 Sep s$ Bid Offer 1-month 1.2473 1.2478 2-months 1.2473 1.2478 3-months 1.2472 1.2478 6-months 1.2464 1.2470 Source: OCBC23 words
-
Article65 2012-09-04 25 Aug 31 Aug Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1883.75 1856.25 3 months 1902.00 1877.00 Copper, Grade A(US$/tonne) Cash 7606.25 7556.75 3 months 7615.00 7567.50 Lead(US$/tonne) Cash 1964.50 1939.50 3 months 1965.00 1944.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.50 *****.50 3 months65 words
-
Article80 2012-09-04 25 Aug 31 COCOA (£/tonne) Close Prev High/Low Sep 12 1686 1687 1703/1683 Dec 12 1697 1705 1720/1694 Mar 13 1688 1696 1710/1684 May 13 1694 1701 1714/1691 COFFEE(US$/tonne) Close Prev High/Low Sep 12 2038 2024 2044/2016 Nov 12 2077 2064 2083/2055 Jan 13 2092 2077 2096/2069 Mar 13 210280 words
-
1070 2012-09-04 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 4 1 146 500 6.25 20 Conv Ratio Baker Technology Ltd W*****6 0.9 -0.2 950 1 32 36.67 2 Price Best World Intl Ltd W*****5 0.3 1 301,070 words
-
Article470 2012-09-04 25 Sep 3 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.012 6.508 0.816 7.959 56.905 98.300 0.804 11.614 3.192 1.284 97.099 43.078 1.280 8.644 0.980 30.682 32.047 0.647 1.026 Canada 0.989 6.433470 words
-
Article60 2012-09-04 25 Sep 3 (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$) 3 mths 0.***** 0.***** 6 mths 0.***** SWAP Mid rates (S$) 12 mths 0.***** SWAP Mid rates60 words
-
Article137 2012-09-04 25 Sep 3 GOLD(US$/oz) Sep 03 Aug 31 Hong Kong 1696.00 1655.20 Aug 31 Aug 31 Aug 30 London 1673.90 1654.16 1674.90 1654.93 Source: Thomson Reuters CAST BAR Sep 03 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 163 68 5gm 462 338 10gm137 words
-
Article96 2012-09-04 25 Sep 3 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 06-Dec-12 0.25 0.25 0.15 6-Month BS*****T 07-Mar-13 0.26 0.25 0.15 1-Year BY*****T 02-May-13 0.25 0.25 0.15 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-1496 words
-
Article60 2012-09-04 25 Sep 3 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 12 2950.0 2920.0 2955.0 2890.0 183 3379 Oct 12 2998.0 2969.0 3016.0 2991.0 2257 ***** Nov 12 3046.0 3019.0 3063.0 3039.0 ***** ***** Dec 12 3068.0 3042.060 words
-
Article156 2012-09-04 25 Sep 3 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2796 1.2807 1.0259 1.0264 Canadian dollar 1.2649 1.2660 1.0146 1.0141 Euro 1.5680 1.5689 1.2571 1.2573 NZ dollar 0.9965 0.9974 0.7989 0.7993 Sterling pound 1.9782 1.9795156 words
-
Article154 2012-09-04 25 Sep 3 $S Offer Bid 0vernight 0.01 Par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.08 US$ 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 12154 words
-
Article121 2012-09-04 25 As at 9am Sep 03 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.311 1.249 Can dollar 1.295 1.234 Euro 1.607 1.531 Sterling pound 2.018 1.941 NZ dollar 1.026 0.978 US dollar 1.267 1.219 Local dollars to 100 units of foreign121 words
-
-
PROPERTY
-
Article, Illustration694 2012-09-04 26 But the craze to build more of them has sparked concerns of investment risk Xinhua [BEIJING] Clusters of skyscrapers are elevating the urban skyline in many Chinese cities. However, recent reports of a craze to build more of them have sparked concerns of inadvisable investment. Beijing’sXinhua; AP - 694 words
-
271 2012-09-04 26 Xinhua [BEIJING] New home prices in major Chinese cities continued to rise in August, signalling a moderately warming real estate market, according to data released by the China Index Academy (CIA) yesterday. The average new home price in 100 surveyed citiesXinhua - 271 words
-
Article, Illustration361 2012-09-04 26 Reuters [SYDNEY] Home prices in Australia’s major cities rose 1.6 per cent in the latest quarter as lower interest rates boosted affordability, but a slowdown in the mining sector could hamper buyers’ confidence, an industry report said yesterday. Dwelling values in Sydney, Australia’sReuters; BLOOMBERG - 361 words
-
Article, Illustration468 2012-09-04 27 Consultancy warns of problems for developers because of huge oversupply Reuters [LONDON] Developers rushing to build top-quality London homes to cash in on strong overseas demand are in danger of being stung by a price crash as they flood the market, property consultancyReuters; BLOOMBERG - 468 words
-
Article, Illustration672 2012-09-04 27 Excesses of nation’s property boom are fading, says analyst Bloomberg [COPENHAGEN] Denmark’s housing slump is nearing its end as the excesses of the nation’s property boom fade and the gap between what people earn and the price of a home narrows, Standard Poor’sBloomberg; BLOOMBERG - 672 words
-
Article, Illustration975 2012-09-04 28 They bid for fewer land parcels as city’s chief Leung unveils his housing policy Reuters [HONG KONG] Hong Kong’s home builders are bidding cautiously on land to develop, wary of shrinking profit margins as the city’s new leader pushes for more affordable housingReuters; REUTERS - 975 words
-
-
Page 26 Advertisements
-
Advertisement166 2012-09-04 26 FOR SALE Prestigious Raffles Place Office Space 999 years leasehold Near Raffles Place MRT Station Ample Car Park Spaces Double storey grand lobby Large floor plate with regular layout Unit sizes from 2,906 sq ft onwards Choice of individual units or whole floor CBRE Agency Licence No.: L*****63I Low Choon166 words
-
Advertisement75 2012-09-04 26 SPropertyiBank Office and F&B for Immed Rent in B fri r. fa n ftJVrhd Edith lay 9363-2233 (R*****9E) Heritage Building at Raffles Place Magnificent architectural facade Strategically located at the gateway to Raffles Place and Marina Bay Financial Centre From 2,493 sf to 20,000 sf (Office) From 756 sf (F&B)75 words
-
Advertisement125 2012-09-04 26 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. Ideal125 words
-
-
Page 27 Advertisements
-
Advertisement110 2012-09-04 27 FOR SALE LEASE PRIME SPACE ORCHID HOTEL Retail shop/2nd floor Near Tanjong Pagar MRT High visibility/traffic 893/5,468 sqft Contact 9090 2222 Orchid Hotel Pte Ltd Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices WAT>i NOTICES in /armenu Condo Suite Loft SOHO Townhouse110 words
-
Advertisement197 2012-09-04 27 Rare City Fringe B1 Industrial Property For Sale TIONG BAHRU RD JALAN BUKIT MERAH Bukit Merah Bus Interchange or LU Q 2 S Ay ER RAJAH EXPR EssW; 'Ay SUBJECT SITE OEPOT CLOSE Hewlett Packard DEPOT RD Depot Hts Shopping Ctr 3 Depot Close 7-storey fully air-conditioned light industrial building197 words
-
Advertisement180 2012-09-04 27 Sydney Corporate Park, Alexandria, Australia EOI 126-136 Bourke Rd 38-44 Doody St, Alexandria, NSW, Australia •Voted Best Business Park in Australia 2012 Sold in one line or separately Boutique estate of four units 8,857m² building area, 13,462m² site $1,516,690.20 per annum net Up to 20,193m² FSR available High quality estate180 words
-
-
Page 28 Advertisements
-
Advertisement147 2012-09-04 28 Deutsche Bank db.com Women in Asian Business Conference Inspire. Challenge. Change. September 12, 2012 Marina Bay Sands Featuring the following speakers and panelists By invitation Mrs Moneypenny Financial Times columnist, author and former investment banker Kiran Bedi Retired Indian Police Service officer, Indian social activist and NGO founder Jennifer Siebel147 words
-
Advertisement23 2012-09-04 28 UTfind the ones THAT FIT! Recruit the right people through CATS Recruit. Call 1800 289 8822 or email \recruit@sph.com.sg to advertise. 1 123 words
-