The Business Times, 15 September 2012
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2012-09-15
1
20
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section15 2012-09-15 1 weekend THE BUSINESS TIMES www. usinesstimes.com. g| SEPTEMBER 15-16, 2012 S$1.00| S$1.00| MICA (P) 075/08/201215 words
-
1081 2012-09-15 1 Teh Shi Ning - But the latest round of quantitative easing by US central bank could be a mixed blessing for the region’s economies By Teh Shi Ning tshining@sph.com.sg Singapore THE Federal Reserve’s decision to pump US$40 billion into the US economy each month until sustained jobs1,081 words
-
Article, Illustration964 2012-09-15 1 Vikram Khanna - QE3 could eventually work for America, but will meanwhile hurt the rest of the world COMMENTARY Vikram Khanna vikram@sph.com.sg Associate Editor FOR the third time since the global financial crisis, the magicians at the US Federal Reserve have pledged to conjure billions of dollars out964 words
-
Page 1 Advertisements
-
Advertisement13 2012-09-15 1 www. usinesstimes.com. g| MOTORING Citroën DS5: Design drive L19 LIVING Dream workplaces L2-513 words
-
Advertisement17 2012-09-15 1 WEALTH Behind structured notes 30-31 ARCHITECT OF THE NEW CITI Citigroup CEO Vikram Pandit Raffles Conversation 10-1117 words
-
-
TOP STORIES
-
MARKETS
-
Article28 2012-09-15 2 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.284 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.50 INDIA 14.75 Source:28 words
-
Article48 2012-09-15 2 us$ s$ US$ (S$ per US$) 1.222 (US$/S$ per 1.620 1.978 EURO(US$/S$/€) 1.303 1.592 Foreign currency per US$ S$ YEN 77.70 63.60 RM 3.047 2.494 HK$ 7.753 6.347 BAHT 30.77 25.19 RUPIAH 9,507 7,782 RENMINBI 6.319 5.172 INDIAN RUPEE 54.70 44.78 A$ 0.945 0.774 NZ$ 1.198 0.98148 words
-
Article58 2012-09-15 2 GSTI 3,070.42 (+40.28) GSTI FUTURES 3,069.00 (+40.00) GSIMSCI 353.89 (+4.48) GSIMSCI FUTURES 353.90 (+4.90) Friday Change KL COMP 1,642.95 +14.55 NIKKEI 225 9,159.39 +164.24 HANG SENG 20,629.78 +582.15 SET 1,276.12 +18.43 JAKARTA 4,257.00 +86.36 MANILA 5,322.47 +81.97 KOSPI 2,007.58 +56.89 SHENZHEN B 581.63 +7.09 MUMBAI IND 18,464.27 +443.11 12.3058 words
-
-
Article, Illustration668 2012-09-15 2 Chuang Peck Ming - Economists question if poor productivity performance is structural or cyclical By Chuang Peck Ming peckming@sph.com.sg Singapore MORE jobs were created in the second quarter, more than first thought, says the latest official report on the labour market released yesterday. Yet labour productivity continued toSource: - 668 words
-
888 2012-09-15 3 Kenneth Lim - Given his record of gutsy strategy and aggressiveness, ThaiBev tycoon unlikely to let F&N go easily By Kenneth Lim kenlim@sph.com.sg Singapore CHAROEN Sirivadhanabhakdi has always been the last one standing. Whether it was Thailand’s beer war of the 1990s, an acrimonious split from Dutch888 words
-
Article, Illustration350 2012-09-15 3 Kenneth Lim - SATURDAY SOAPBOX Kenneth Lim kenlim@sph.com.sg Correspondent A Lion, a Tiger and an Elephant walk into a bar. The bartender, who’s got a red star badge on his apron, looks at the Tiger and smiles. “Hey, I know you,” the Dutchman says to the Tiger. “How350 words
-
493 2012-09-15 4 Teh Shi Ning - Sing ringgit, baht jump on US bond-buying plan But yen retreats from 7-month high against US dollar; central banks of China, Singapore seen easing monetary policy soon By Teh Shi Ning ts h i n i ng@s p h .co m .sg Singapore ASIAN currencies surged yesterday on news of493 words
-
540 2012-09-15 4 Anthony Rowley - By Anthony Rowley btworld@sph.com.sg Tokyo THE chances of Japan intervening in currency markets early next week to curb a freshly resurgent yen seemed to have risen sharply yesterday as markets moved back into turbulence after US Federal Reserve’s decision to undertake540 words
-
Article385 2012-09-15 5 Nisha Ramchandani - Excluding motor vehicles, retail sales come in just 0.7% lower By Nisha Ramchandani nishar@sph.com.sg Singapore RETAIL sales in July slumped 2.9 per cent from the corresponding month a year ago. Excluding motor vehicles, retail sales were 0.7 per cent lower. Seasonally adjusted, retail sales385 words
-
Article, Illustration631 2012-09-15 5 Consumption seen weakening in months ahead although price pressures remain contained LATEST US DATA Washington A JUMP in the cost of gasoline pushed US consumer prices up in August at the fastest pace in more than three years, squeezing spending onREUTERS - 631 words
-
Article, Illustration899 2012-09-15 6 Nisha Ramchandani - CDL categorises the rooms as Wonderful to Extreme WOW (at $13,000 a night) By Nisha Ramchandani nishar@sph.com.sg Singapore WHATEVER you want, whenever you want it as long as it’s legal. This is the promise that the W Singapore-Sentosa Cove hotel is making899 words
-
Article, Illustration505 2012-09-15 8 Ven Sreenivasan - Revenue is up 22% at $1 .78b for the year ended March 2012 By Ven Sreenivasan ven@sph.com.sg Singapore CHANGI Airport Group’s net profit soared 64 per cent to $553.05 million last year, thanks to robust traffic growth and rising concessionaire incomes.505 words
-
526 2012-09-15 8 Victoria Ho - Site lists restaurants and services, relies a lot on user reviews By Victoria Ho vhoip@sph.com.sg Singapore UNITED STATES-BASED reviews and listing site, Yelp, has launched in Singapore. The site offers itself as a business listing for restaurants and services, and relies heavily on526 words
-
Article59 2012-09-15 8 IN “SGX partners Savvis to offer dual-site hosting” (BT, Sept 13), the impression may have been given that an IT outsourcing agreement is involved. Savvis has clarified that it has entered into an “arrangement” with SGX, not an “IT outsourcing agreement”, to provide financial services clients with enterprise-class IT59 words
-
-
Page 2 Advertisements
-
Advertisement59 2012-09-15 2 CONTENTS NEWS Top Stories 2-8 Week in Review 9 Raffles Conversation 10-11 Companies 12-15 From the Desk of 16 Singapore 17-18 World 19-22 Stocks Stats 23-27 Perspective 28-29 Wealth 30-35 Show Me The Money 33 House Hunt 34 Real Estate 35 LIVING Design L2-5 Dining L6-8 Style L9 Home Garden59 words
-
-
Page 3 Advertisements
-
Advertisement237 2012-09-15 3 "7 xv\«= I Membership Promotion This September celebrate the joys of mid autumn with an amazing membership offer at the British Club, Singapore's Hilltop Retreat. Take up any at these lifetime memberships and receive special mid autumn benefits of over $2,000 when you join*. TRANSFERABLE INDIVIDUAL MEMBERSHIP $15,000 Value added237 words
-
-
Page 5 Advertisements
-
Advertisement55 2012-09-15 5 S PIC KB RIDGE REAL ESTATE SINGAPORE NEW YORK Connecting Foreign Buyers to Luxury Properties with Knowledge, Integrity tS Reliability NEW YORK BOSTON THE HAMPTONS RESORTS Presenting LUXURY MANHATTAN PROPERTY INVESTMENTS Sunday, 16/09/2012 3,00pm to 5,30pm The American Club Register Today! enquiries@spicebridge.com 9823 8098 www.spicebridge.com Affiliated with HRL Properties Pte55 words
-
-
Page 7 Advertisements
-
Advertisement36 2012-09-15 7 Mr Chia Chor Meng bbm Group Chairman on being awarded: Top Entrepreneur of the year 2012 OVERALL WINNER, Entrepreneur of the year 2012 From the Management and Staff Entrepreneur of the year for Social Contributions 201236 words
-
-
Page 8 Advertisements
-
Advertisement52 2012-09-15 8 Architects 61 is hiring Senior Design Architects Sage is looking for Software Developers Barry Callebaut is recruiting a Supply Chain Manager Ikea has a position open for a Regional Leasing Manager Vifor Pharma has a vacancy for the position of Admin Manager Check out more than 500 positions available in52 words
-
-
WEEK IN REVIEW
-
THIS WEEK Sept 10-14, 2012
-
80 2012-09-15 9 THAI Beverage and parties related to it are said to have approached several banks in Singapore to line up funding for a potential general offer for Fraser and Neave, which is in the process of selling its stake in Asia Pacific Breweries80 words
-
76 2012-09-15 9 AS French hypermarket Carrefour says its farewells, it opens the door for incumbents to extend market share in an industry already dominated by a select few, as the French retailer found out. While a new entrant could help level the playing field, it would76 words
-
60 2012-09-15 9 RETAIL activity in the Singapore stock market is lagging behind what is seen in Australia and Hong Kong, but the Singapore Exchange is playing catch-up and pulling out all the stops to do so. Since July last year, it has launched various60 words
-
69 2012-09-15 9 THAI Beverage confirmed on Tuesday that it was working with anoth- er party to consider an offer for Fraser and Neave, which is in the process of selling its stake in Asia Pacific Breweries to Heineken. This potentially shifts a fierce battle for APB69 words
-
63 2012-09-15 9 IN a climate of worry, Chinese Premier Wen Jiabao has put on a brave face. He said on Tuesday that the world’s second biggest economy is well on track to achieve its 7.5 per cent growth target this year and there’s ample63 words
-
59 2012-09-15 9 PRIVATE-sector forecasters polled by the Monetary Authority of Singapore now hold a dimmer view of how the economy will fare both this year and next. But their median forecast of growth in the third quarter suggests that Singapore may cleanly avoid a59 words
-
67 2012-09-15 9 THE fabled iPhone 5 is set to put some respectable pep in the demand for 4G services here, industry watchers say. Even before the launch of what might or might not be Apple’s latest gizmo, analysts were predicting robust demand for67 words
-
48 2012-09-15 9 THREE senior executives of RESORTS World Sentosa face a total of 13 charges of providing false information to the Casino Regulatory Authority and doctoring records to hide the fact that incentives were given to gamblers who renewed their annual entry levies.48 words
-
Article, Illustration108 2012-09-15 9 And the battle is on. Thai tycoon Charoen Sirivadhanabhakdi on Thursday mounted an $8.8 billion offer for the near 70 per cent of Fraser and Neave that he does not control, spurring the local conglomerate’s share price to a new high. The move castREUTERS - 108 words
-
75 2012-09-15 9 THE Federal Reserve launched another aggressive stimulus programme on Thursday, saying it will buy US$40 billion of mortgage debt per month and continue to do so until the outlook for jobs improves substantially. In a significant shift in the direction of US monetary75 words
-
-
Article98 2012-09-15 9 US DATA Sept 18 Q2 current account balance Sept NAHB Housing Market Index Sept 19 Aug housing starts Aug building permits Aug existing home sales Sept 20 Initial jobless claims Aug leading indicators CHINA DATA Sept 18 Aug property prices EVENTS Sept 18 Bank of Japan98 words
-
-
Page 9 Miscellaneous
-
Miscellaneous346 2012-09-15 9 Across 1 Working lunches with a macabre sort of lawyer (9-6) 9 Seldom encountered by British, Italian cheese dish (7) 10 Mutter curiously about piano and something to play (7) 11 Trooper willing to keep going (7,2) 12 Go round one Italian city (5) 13 Escape of water from a346 words
-
Miscellaneous16 2012-09-15 9 SATURDAY with Ludwig ‘I tried to pre-order the iPhone 5 online but someone jumped the queue16 words
-
-
THE RAFFLES CONVERSATION
-
Article, Illustration2368 2012-09-15 10 / 11 Vikram Khanna - Citigroup CEO Vikram Pandit talks to Vikram Khanna about the re-making of Citigroup after the global financial crisis Vikram Khanna vikram@sph.com.sg ONE of the strengths of Vikram Pandit as a banker is that he “isn’t afraid to be boring”. That was the verdict of veteranARTHUR LEE - 2,368 words
-
-
COMPANY NEWS
-
Article, Illustration443 2012-09-15 12 Andrea Soh - Entire 56.05% holding in HK-listed firm sold for HK$1 .654b to subsidiary of Shanghai-listed Gemdale Corp By Andrea Soh sandrea@sph.com.sg Singapore FRASER and Neave (F&N), the subject of a takeover bid by Thai tycoon Charoen Sirivadhanabhakdi, yesterday announced the sale of its stake in443 words
-
440 2012-09-15 12 Andrea Soh - By Andrea Soh sandrea@sph.com.sg Singapore COMMODITIES stocks on the Singapore Exchange sprang to life yesterday, inspired by overnight news of an aggressive money-pumping programme by the US Federal Reserve. Wilmar International led the way, surging 8 per cent to finish at $3.24 its highest440 words
-
Article, Illustration470 2012-09-15 12 Jasmine Ng - By Jasmine Ng jasng@sph.com.sg Singapore ARA Asset Management has received the go-ahead from the Singapore Exchange (SGX) to list its commercial trust, which will be the first dual-currency initial public offering (IPO) here. The manager of property trusts backed by billionaire Li Ka-shingYEN MENG JIIN - 470 words
-
Article, Illustration817 2012-09-15 13 Lee Meixian - Offering priced at a final coupon of 5.75%; 130 investors place orders By Lee Meixian leemx@sph.com.sg Singapore OLAM International has priced a US$500 million issuance of fiveyear senior notes, after an intraday book-building exercise resulted in an oversubscribed order book of US$1.6 billion. TheBLOOMBERG FILE PHOTO - 817 words
-
314 2012-09-15 13 Carine Lee - By Carine Lee carinel@sph.com.sg Singapore CATALIST-LISTED Tritech Group Limited has unveiled plans to spin off its limestone business for a separate listing on the Stock Exchange of Hong Kong Limited (SEHK). The proposed spin-off involves subsidiaries Terratech Resources Pte Ltd and CEP Resources314 words
-
Article, Illustration610 2012-09-15 14 Cai Haoxiang - Move is a step taken by suspended textile manufacturer towards complying with SGX listing requirements By Cai Haoxiang haoxiang@sph.com.sg Singapore CHINA Sky Chemical Fibre yesterday took a step towards complying with Singapore Exchange (SGX) listing requirements by appointing new management. It appointed a chief executiveFILE PHOTO - 610 words
-
448 2012-09-15 14 Reuters Mumbai INDIAN group Bharti Airtel’s mobile phone tower unit has filed for an initial public offering which sources yesterday said could raise nearly US$1 billion in the country’s biggest IPO in more than two years. Bharti Infratel is likely to launch the IPOReuters - 448 words
-
Article, Illustration909 2012-09-15 15 Ven Sroenivasan - STOCKS Ven Sroenivasan ven@sph.com.sg Senior Correspondent EQUITY markets got the sugar high they were craving for after Ben Bernanke unveiled a third round of quantitative easing. Asian markets yesterday recorded one of their biggest sin-gle-day rallies in recent months after the Federal Reserve909 words
-
Business briefing
-
Article239 2012-09-15 15 KOON Holdings Ltd said that it had entered into a share sale agreement with Ang Sin Liu Construction (Pte) Ltd to acquire the entire issued share capital of Malaysian companies Metro Coast Sdn Bhd, Triumph Heights Sdn Bhd, Unison Progress Sdn Bhd, and Seven Star Development239 words
-
45 2012-09-15 15 ASTI Holdings Ltd, a major shareholder of Dragon Group International, said it is evaluating the merits of Dragon Group’s proposed sale of Dragon Technology Distribution (DTD). The company will make a further announcement in relation to the disposal in45 words
-
55 2012-09-15 15 NEO Group’s net profit tumbled 55.3 per cent to $703,000 in the first half of its FY2013 ended July 31, 2012. It had posted a net profit of $1.57 million in the corresponding period a year ago. The food caterer attributed its profit decline55 words
-
Article104 2012-09-15 15 CAPITALAND yesterday announced that it has priced US$400 million bonds, due 2022, at a coupon of 4.076 per cent. This will be issued under the $5 billion Euro Medium Term Note Programme it established on Aug 3. Over 200 institutional investors participated in the deal, with104 words
-
-
-
Page 14 Advertisements
-
Advertisement12 2012-09-15 14 ON THE FAST TRACK ON THE FAST TRACK m A PUBLICATION OF12 words
-
-
Page 15 Advertisements
-
Advertisement188 2012-09-15 15 In the Matter Of The Companies Act, Cap. 50 And In The Matter Of YES! YOUR EYEWEAR SPECIALISTS PTE LTD UEN *****6201D NOTICE OF CREDITORS’ MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies Act, Cap.188 words
-
-
FROM THE DESK OF
-
Article, Illustration729 2012-09-15 16 Paul Salnikow - They provide market access with minimal risk, without long-term contractual commitments and are free from high costs, constraints of traditional real estate FROM THE DESK OF Paul Salnikow CEO The Executive Centre HE traditional rules of working in a physical office from 9am729 words
-
-
SINGAPORE NEWS
-
266 2012-09-15 17 Nisha Ramchandani - By Nisha Ramchandani nishar@sph.com.sg SOME 16,000 administrative, ancillary and support staff in the public healthcare sector will see their base pay bumped up by 4 to 10 per cent from this month, following a review of healthcare staff salaries.266 words
-
153 2012-09-15 17 THE chairman of Singapore Press Holdings and Keppel Corporation, Lee Boon Yang, was awarded an honorary doctorate degree in veterinary science by the University of Queensland yesterday. The award was given in recognition of Dr Lee’s distinguished career, years of153 words
-
Article, Illustration481 2012-09-15 17 Malminderjit Singh - But he cautions that Singaporeans should not take things for granted By Malminderjit Singh msingh@sph.com.sg SINGAPORE’S next generation stands to have a better life because of the country’s strong fundamentals and by virtue of being in the growth regionFILE PHOTO - 481 words
-
535 2012-09-15 18 Mindy Tan - Tharman says objective is long term, in response to appeal from SCAL to consider easing restrictions By Mindy Tan tanmindy@sph.com.sg WHILE the government will not roll back its foreign manpower policies, additional support has been extended to help construction companies cope. This was the535 words
-
298 2012-09-15 18 Zeinab Yusuf Saiwalla - By Zeinab Yusuf Saiwalla zeinabs@sph.com.sg CAPITALAND has expanded its learning institute CapitaLand Institute of Management and Business (CLIMB), which provides training resources for staff to Shanghai. Its first overseas learning institute outside Singapore, CLIMB China will enable staff there to participate in courses298 words
-
Singapore roundup
-
70 2012-09-15 18 CAPITALAND Limited has been added to the Dow Jones Sustainability World Index (DJSI World) 2012/2013. This means CapitaLand now ranks among the top 340 sustainable companies globally. The group has also been listed in the Dow Jones Sustainability Asia Pacific Index as one of70 words
-
75 2012-09-15 18 SINGAPORE-BASED tyre company Omni United said it has appointed the Central Trading Company as its exclusive distributor in the United Arab Emirates. Founded in 1957, Central Trading Company is among the core companies of the Al Rostamani Group, one of the largest75 words
-
65 2012-09-15 18 VECTOR Scorecard (VSC) has appointed Pacific Cross-Bor-der, a Japanese consultancy firm based in Singapore, to promote VSC’s range of artificial intelligence scorecards and customised solution services in Japan. The appointment entails the coverage of cities such as Tokyo, Osaka, Hiroshima, Fukuoka and Niigata,65 words
-
-
Article, Illustration130 2012-09-15 18 A WEEK after arriving in Singapore, one of the two giant pandas on loan from China celebrated his fifth birthday yesterday with a special cake made of ice, carrots, apples and high-fibre biscuits. Kai Kai, the male in the pair, was born on Sept 14, 2007.WILDLIFE RESERVES SINGAPORE - 130 words
-
-
Page 17 Advertisements
-
Advertisement30 2012-09-15 17 hui*] JACKPOT Estimated Draw on Mon, 17 Sep 2012 For details, visit www.singaporepools.com.sg Ip Yri) Always Play with care. [responsibly] Do not bet illegally. RGB Reg No: *****0202G SINGAPORE POOLS30 words
-
-
WORLD
-
613 2012-09-15 19 But at US$1 .1 6t for first 1 1 months of FY2012, it’s 6% less than that in same period last year, thanks to more income tax receipts AP Washington THE US federal budget deficit increased by US$191 billion inAP - 613 words
-
541 2012-09-15 19 New strategy shows Fed not pessimistic about the economy Reuters New York THE economist credited with helping to encourage the Federal Reserve in taking a new, bold approach to monetary policy on Thursday says the latest plan to buy bonds will prove moreReuters - 541 words
-
Article, Illustration339 2012-09-15 19 AFP Washington US FEDERAL Reserve Chairman Ben Bernanke warned on Thursday that the Fed does not have the means to offset the shock from the “fiscal cliff” plan for severe budget cuts and tax hikes scheduled for Jan 1. “IfAFP; BLOOMBERG - 339 words
-
Article, Illustration779 2012-09-15 20 Shares of loss-making Kingfisher and other airlines rise after govt ends the decade-long investment ban Bloomberg New Delhi INDIA ended a ban on local airlines selling stakes to overseas carriers, opening a new possible source of funding for Kingfisher Airlines and other operatorsBloomberg; REUTERS - 779 words
-
273 2012-09-15 20 Reuters New Delhi INDIA yesterday opened its supermarket sector to foreign chains after months of dithering, pushing ahead with the boldest reforms yet in Prime Minister Manmohan Singh’s government as it tries to revive the country’s tottering economic growth. The move allows global firms suchReuters - 273 words
-
Article, Illustration493 2012-09-15 21 Anthony Rowley - Spillover from eurozone crisis causes marked slowdown in exports, it says By Anthony Rowley btworld@sph.com.sg Tokyo WEAKNESS in recent indicators suggests that economic recovery in Asia could be “delayed” and the pick-up in activity will be more gradual than had been anticipated,BLOOMBERG FILE PHOTO - 493 words
-
Article, Illustration614 2012-09-15 22 They tell House panel hearing that spying charges hinder their business in US Reuters Washington EXECUTIVES from China’s top makers of telecommunications gear denied putting hidden spy code into their equipment at a rare public hearing of the US House of Representatives IntelligenceReuters; AP - 614 words
-
301 2012-09-15 22 South Korea gets debt rating upgrade from Standard Poor’s Bloomberg Seoul SOUTH Korea saw its debt rating boosted for a third time in less than three weeks as Standard Poor’s (S&P) joined its top two rivals in identifying waning national security risks for Asia’s fourth-largest economy. The sovereign rating wasBloomberg - 301 words
-
-
Page 20 Advertisements
-
Advertisement14 2012-09-15 20 m fMK* SINGAPORE'S Horresr hits HEAR THBWAMTeD'S HOTTEST HITS ON HOT FM 91.3 r14 words
-
-
Page 21 Advertisements
-
Advertisement551 2012-09-15 21 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 Marketing Magazine (2011) FULL-DAY SEMINAR Be an Outstanding Sales Professional 13 Sep, Thu, SPH News Centre (9.30am to 6.00pm)551 words
-
-
Page 22 Advertisements
-
Advertisement28 2012-09-15 22 CAOplansto createglobal valuechain tosupplyfuel directlyto international airlines directly to international airlines A To subscribe, call 6388-3838 or go to sphsubscrlptlon.com.sg To subscribe, call 6388-3838 or go to sphsubscription.com.sg28 words
-
-
Article8285 2012-09-15 23 Transaction date: Sep 14 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 15.5 11.4 8Telecom 13.5 13.5 15 66.8 0.4 3.2 64.7 6 3 A-Sonic 3.5 +0.2 184 3.6 3.3 3.3 3.4 3.7 25.18,285 words
-
Article1879 2012-09-15 26 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 20.5 12.1 t 800 Super 18.3 unch 214 18.3 18.3 18.3 19.5 3.3 5.5 5.5 32.7 4 2.5 t AA Grp 3.1 3 3.8 31,879 words
-
Article186 2012-09-15 26 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 14 1 2 0 0 0 14 1 2 Manufacturing 94 33 38 11 9 10 105 42 48 Commerce 37 14 18 6 1 3 43 15 21 Tpt/Stor/Comms 20 8 12186 words
-
Article810 2012-09-15 26 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Sep 10 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) SC Global 13-Sep-12 Chong Sae Peng Buy 4688 1.05 670 0.16 5358 1.29 Sakari Resources 13-Sep-12 PTT810 words
-
Article123 2012-09-15 26 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 27,358 27,358 81,389 81,389 Manufacturing 673,547 81,035 754,582 472,761 1,549 474,310 Commerce 288,404 12,102 300,506 312,084 472 312,557 Tpt/Stor/Comms 180,354 17,394 197,748 220,114 5,391 225,505 Finance 35,922 1,191 37,113 188,575 524 189,099 Construction 102,236 3,357123 words
-
Article80 2012-09-15 27 Sep 13 COCOA (£/tonne) Close Prev High/Low Sep 12 1677 1675 1686/1675 Dec 12 1688 1391 1712/1680 Mar 13 1671 1680 1697/1666 May 13 1676 1686 1702/1671 COFFEE(US$/tonne) Close Prev High/Low Sep 12 2059 2050 2080/2070 Nov 12 2082 2073 2091/2066 Jan 13 2095 2088 2101/2081 Mar 13 210780 words
-
Article69 2012-09-15 27 Sep 14 GOLD(US$/oz) Sep 13 Sep 14 Hong Kong 1736.00 1777.00 Hong Kong Sep 12 Sep 13 London 1730.71 1733.11 1731.48 1733.88 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 42.63 41.98 Source: UOB PLATINUM/ Lon (US$/oz) Sep 13 Close Previous PM Fix 1659.00 1644.00 AM Fix 1647.0069 words
-
Article56 2012-09-15 27 Sep 14 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 12 2794.0 924 Oct 12 2869.0 2855.0 2876.0 2842.0 779 5852 Nov 12 2937.0 2912.0 2945.0 2905.0 ***** ***** Dec 12 2980.0 2955.0 2993.0 2952.0 ***** *****56 words
-
Article92 2012-09-15 27 Sep 14 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 13-Dec-12 0.26 6-Month BS*****T 07-Mar-13 0.26 1-Year BY*****T 02-May-13 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 99.99 100.04 100.04 5-Year N*****0Z 2.37592 words
-
Article154 2012-09-15 27 Sep 14 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2920 1.2928 1.0577 1.0582 Canadian dollar 1.2649 1.2657 1.0361 1.0355 Euro 1.5912 1.5919 1.3027 1.3030 NZ dollar 1.0191 1.0195 0.8343 0.8345 Sterling pound 1.9781 1.9787 1.6194 1.6196154 words
-
Article, Illustration120 2012-09-15 27 As on 13 September 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL INDIA GOLD (E-GOLD) FUT OCT2012 588.75 572.60 588.50 708 GOLD FUT DEC2012 1744.50 1723.70 1772.20 39 CURRENCY EUR-USD FUT SEP2012 1.2930 1.2886 1.2992 761 BASE METAL COPPER FUT DEC2012 8149 8097120 words
-
Article103 2012-09-15 27 Sep 13 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Sep 12 1743.50 1740.75 1744.25 1731.00 Nov 12 1747.25 1745.75 1750.00 1732.75 Jan 13 1748.00 1744.50 1750.00 1732.25 Mar 13 1705.00 1693.75 1706.00 1681.25 SOYBEAN/OIL(60,000 lbs; USc/lb) Close Previous High/Low Sep 12 56.46 55.91 56.30 55.90103 words
-
Article68 2012-09-15 27 Sep 13 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 115.86 0.34 WTI (Near Mth) 97.91 1.08 Dubai (1-Mth F) 112.92 -0.17 Tapis blend 118.92 -0.19 Minas 115.07 -0.19 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 108.44 -2.06 Jet Kerosene 135.24 -0.24 US$/barrel OpecOil Basket Price 113.3668 words
-
Article118 2012-09-15 27 Sep 14 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.320 1.258 Can dollar 1.294 1.233 Euro 1.628 1.551 Sterling pound 2.016 1.939 NZ dollar 1.047 0.998 US dollar 1.242 1.195 Local dollars to 100 units of foreign currency: Currencies Sell118 words
-
Article69 2012-09-15 27 Sep 13 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2101.25 2082.00 3 months 2102.00 2086.00 Copper, Grade A (US$/tonne) Cash 8059.25 8080.25 3 months 8075.00 8396.00 Lead (US$/tonne) Cash 2146.50 2110.50 3 months 2157.50 2125.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
-
373 2012-09-15 27 In local curr In S$ In US$ dy yr dy yr dy yr Sep 13 Index Change Change Change Change Change Change World Preliminary 919.2 0.1 10.8 0.2 5.8 0.1 11.5 EAFE Preliminary 731.9 0.0 7.3 0.2 2.9 0.1 8.4 Europe Preliminary 1115.1 -0.1 8.6373 words
-
Article, Illustration107 2012-09-15 27 Straits Times Index YTD change:+16.02% 52-week high: 3,088.45 on Aug 14,2012 52-week low: 2,521.95 on Oct 5,2011 Source: Bloomberg Hang Seng Index YTD change: +11.91% 52-week high: 21,760.34 on Feb 20,2012 52-week low: 16,170.35 on Oct 4,2011 Source: Bloomberg Dow Jones Industrial Average YTD change:+10.82% 52-week high: 13,573.33Source: Bloomberg - 107 words
-
PERSPECTIVE
-
Article, Illustration807 2012-09-15 28 / 29 Etienne Van den Bogaert - To embrace the future of mobile payments, the time is now for banks to invest in technology and be that game changer. By Etienne Van den Bogaert ~The writer is SCCP Payment Services Holdings’ Chief Technology Officer WITH the smartphone and tablet revolution, retailers more thanSTOCK.XCHNG - 807 words
-
Article, Illustration658 2012-09-15 28 / 29 Antonio L Rappa - By Antonio L Rappa ~Antonio L Rappa, PhD, is head of Management and Security Studies at the SIM University’s School of Business. He is a specialist on Thai politics and business and teaches Home Team agency officers at UniSIM. He is a consultant in SecuritySTOCK.XCHNG - 658 words
-
-
Wealth
-
WEALTH INVESTING
-
Article, Illustration1488 2012-09-15 30 / 31 Genevieve Cua - A look at Societe Generale’s SGD Equity Magnifier Notes for the retail market, the first of a planned $2 billion programme Genevieve Cua gen@sph.com.sg Personal Finance Editor STRUCTURED notes became dirty words in 2008 when Lehman Brothers’ collapse rendered more than $500 million worth of retail notes1,488 words
-
Article669 2012-09-15 30 / 31 Kenneth Lim - Compiled by Kenneth Lim Global Premium Hotels Unrated DBS Vickers Sept 14 Close: $0.245| HOUSEHOLD name in the economy hotel space. Global Premium Hotels (GPHL) operates one of Singapore’s largest economy/mid-tier hotel chains under the “Fragrance” brand and one hotel under the “Parc Sovereign” brand with a total669 words
-
Article, Illustration1449 2012-09-15 32 Now Black Rock’s Larry Fink wants to increase his company’s reach to mom-and-pop investors Bloomberg New York IN June 2008, American International Group Inc was desperately trying to figure out what to do with its US$80 billion in money-los-ing credit-default swaps, which wereBloomberg; FILE PHOTO - 1,449 words
-
Article, Illustration1153 2012-09-15 33 Teh Hooi Ling - Persistent negative interest rates can result in an extreme misallocation of capital SHOW ME THE MONEY Teh Hooi Ling hooiling@sph.com.sg Senior Correspondent ~The writer is a CFA charterholder INTEREST rates will continue to be low for some time to come, so it seems. On Thursday,STOCK.XCHNG - 1,153 words
-
-
WEALTH REAL ESTATE
-
Article1027 2012-09-15 34 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN AUG 15 AND AUG 21, 2012 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED V On Shenton Apt 17/08/2012 99 721 1594 2211 V On Shenton Apt 17/08/2012 991,027 words
-
Article, Illustration813 2012-09-15 35 Fragrance boss said to have sold property on Cove Grove for around $24m Singapore EVEN as analysts debate the outlook for Singapore’s luxury condo sector, there has been no dearth of bungalow transactions. Sentosa Cove, for one, is said to have seen severalFILE PHOTO - 813 words
-
-
-
Page 35 Advertisements
-
Advertisement22 2012-09-15 35 AlUO MMM^ 0pOQ yD8fE$|U|||i# mmm "i'S5£5 *«\/ys 'wsmai zjqMOijs Aluo sm3|s| Aluo r r r r iKT o sddeAui 3F 1ft DS'AlllO'MMM22 words
-
-
Page 36 Advertisements
-
Advertisement148 2012-09-15 36 TO BREAK THE RULES, YOU MUST FIRST MASTER THEM. CLASSICAL PURITY IS THE DEFINING AESTHETIC OF THE JULES AUDEMARS COLLECTION. FOR CENTURIES THE ARTISAN HAS KNOWN THAT IT IS EASIER TO ADD THAN TO SUBTRACT. HERE HOWEVER THE MASTERY OF THE ESSENTIAL HAS PRODUCED A WATCH OF RARE PRESENCE AND148 words
-
-
Page 1 Advertisements
-
Advertisement55 2012-09-15 1 DINING Consuming passions L6-8 PERSONAL SPACE Detailed planning L10-11 LivingBTTHE BUSINESS TIMES WEEKEND SEPTEMBER 15-16 2012 DREAM WORKPLACES Offices designed to inspire staff L2-5 PHOTO BY PARK ASSOCIATES DESIGN Big bang at Barracks L12 BT CORPORATE GOLF LEAGUE SunMoon muscles to the top L16-17 MOTORING A better Boxster L20 GADGETS55 words
-
-
BT Living
-
DINING
-
Article, Illustration3087 2012-09-15 6 / 7 Debbie Yong - hree men share why they left top F&B jobs in luxury hotels to set up their own restaurants. By Debbie Yong debyong@sph.com.sg THE prestigious post of executive chef or food and beverage director at a high-end hotel seems like one of those cushy, coveted roles that, once youPHOTOS: BRASSERIE GAVROCHE, FILE; ALEJANDRO LUNA; PHOTOS: NOTI; RITZ CARLTON - 3,087 words
-
-
STYLE
-
Article, Illustration828 2012-09-15 9 May Yip - Singapore's latest fashion export has won over Hollywood's A-listers with her sexy, armour-inspired jewellery. By May Yip btnews@sph.com.sg WHEN Lynn Ban said: “Well, September is a great month,” she sure wasn’t kidding. Pieces by the up-and-coming jewellery designer appeared on the covers of Vogue Japan and828 words
-
-
HOME & GARDEN
-
Article, Illustration1086 2012-09-15 10 / 11 Tay Suan Chiang - This stylish apartment attests to the homeowners’ meticulous attention to every design detail. personal space By Tay Suan Chiang taysc@sph.com.sg THE devil is in the details, so goes the saying and this could not be more true for homeowners Jason Tan and Betty Wong. Their home, a three-bedroomPHOTOS BY JOHN HENG - 1,086 words
-
-
DESIGN
-
Article, Illustration3464 2012-09-15 2 / 3 Tay Suan Chiang - Some offices these days are just not dressed for the job, as enlightened employers turn to design to inspire staff. By Tay Suan Chiang By Tay Suan Chiang taysc@sph.com.sg Fun elements Facebook FACEBOOK users now write on their friends’ Timeline, but writing on the wall is still greatlyFACEBOOK, ORION GLOBAL, KWERKEE PHOTOS BY YEN MENG JIIN; MINISTRY OF DESIGN; PARK – ASSOCIATES; DBS; EDELMAN PHOTOS: YEN MENG JIIN - 3,464 words
-
Article, Illustration325 2012-09-15 12 Helmi Yusof - Works by some of the biggest names in modern and contemporary art are set to thrill at the new art destination in Gillman Barracks. By Helmi Yusof By Helmi Yusof SOME of the world’s most coveted artworks can now be seen on the wallsPHOTOS BY JOHN HENG - 325 words
-
Article, Illustration998 2012-09-15 13 Tay Suan Chiang - There will be plenty to be excited about at next month’s Archifest, including the first ever pavilion to be built for the festival and the second edition of Saturday in Design. By Tay Suan Chiang By Tay Suan Chiang taysc@sph.com.sg WANT a peep into some of the998 words
-
-
GADGETS
-
Article, Illustration682 2012-09-15 14 Christopher Lim - The new iPhone 5 is Apple’s first Long Term Evolution (also known as 4G) phone, but not the first such gizmo to hit stores. Christopher Lim gives you the heads up on other options worth a second look Christopher Lim Apple iPhone 5 $948-$1,238 depending on682 words
-
-
HEALTH
-
Article, Illustration1114 2012-09-15 15 Michael Lim - The benefits are best for patients with blockages of certain arteries. Being mentally and physically prepared will help too. By Michael Lim By Michael Lim ~Dr Lim is medical director at the Singapore Heart, Stroke Cancer Centre. He is also editor-in-chief, Heart Asia (a journal of theFILE PHOTO - 1,114 words
-
-
BT CORPORATE GOLF LEAGUE 2012
-
Article830 2012-09-15 16 / 17 Justine Moss - The team says their strategy for the next two rounds is to field other members. By Justine Moss AFTER last Wednesday’s fourth round of the Business Times Corporate Golf League, Team SunMoon once again showed its muscle on the golf course, shooting the highest830 words
-
Article, Illustration501 2012-09-15 16 / 17 FINISHING in the top 10 of the League this year in 2010 and 2011 they finished eighth is well within the Bank of Singapore’s capabilities. “We have always been placed within the top 10 in the past two years. We believe we501 words
-
Article, Illustration321 2012-09-15 16 / 17 HAVING fun at the BT Corporate Golf League and its networking opportunities prompted Orange Tee, who finished 23rd in 2011 and 10th in 2010 to sign up for the third year running. “It is professionally organised and it offers plenty of opportunity321 words
-
Article, Illustration350 2012-09-15 16 / 17 Justine Moss - By Justine Moss btnews@sph.com.sg HOLE-in-one sponsor Audemars Piguet returns in 2012 for the third year running and is always pleased to keep the special relationship continuing, explains Oliviero Bottinelli, Audemars Piguet’s managing director, Asia. “It’s the main league we sponsor every year to show our350 words
-
-
MOTORING
-
Article, Illustration563 2012-09-15 18 Samuel Ee - Handling of the extremely attractive Hyundai is taunt and tight due to pliant suspension and the rigid, well-made body. By Samuel Ee By Samuel Ee samuelee@sph.com.sg THE new Hyundai i30 reflects the same “fluidic sculpture” styling as other contemporary models from the Korean manufacturer but with one important563 words
-
Article, Illustration606 2012-09-15 19 Samuel Ee - While it is obvious that the Citroën DS5 has lots of style, there is a fair bit of substance too. By Samuel Ee CITROËN calls the DS5 an “aerodynamic sculpture” and even if it may be an exaggeration, it is difficult to disagree that some very striking styling606 words
-
Article, Illustration595 2012-09-15 20 Samuel Ee - This Porsche roadster has a lighter and stiffer aluminium-steel hybrid body. By Samuel Ee samuelee@sph.com.sg ONCE soft and cuddly, the third generation of the Porsche Boxster S is now lithe and shapely, plus it gets a new attitude to go with the new styling. With the stronger595 words
-
-
-
Page 8 Advertisements
-
Advertisement1000 2012-09-15 8 wine&dine with BTWeekend Atrium Lounge Level 4, Marina Mandarin Singapore 6 Raffles BoulevardZ 6845 1111 Duelling Pianos Widely popular overseas, the Duelling Pianos performance features two talented musicians, each playing on a baby grand piano as they entertain guests with their dazzling musical conversation. Expect a spectacular show with veteran1,000 words
-
-
Page 14 Advertisements
-
Advertisement33 2012-09-15 14 HOME NEE S It's time to finally get rid of these pests! To find out more, turn to CLASS 116 in CATS Classified in The Straits Times now. ESAT3 BUY IT-SELL IT-FIND IT33 words
-
-
Page 16 / 17 Advertisements
-
Advertisement34 2012-09-15 16 / 17 MAIN SPONSOR CO-ORGANISED BY HOLE-IN-ONE SPONSORS FINAL ROUND DINNER SPONSOR SPONSORS MEDIA PARTNER PARTNERS NETWORKING NIGHT PARTNER DATES VENUES Sept 27 Raffles Country Club, Lake Course Oct 18 Singapore Island Country Club, New Course34 words
-