The Business Times, 21 September 2012

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Total Pages: 44
1 44 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E Friday, eptember 21, 2012G MICA (P) 074/08/2012
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  • 839 1  -  Telcos see huge wave of interest for latest handset but StarHub customers will have to wait till year-end for 4G experience; new price plans to eat into data usage By JOYCE HOOI [SINGAPORE] Pent-up demand for the latest iPhone will
    AFP  -  839 words
  • 685 1  -  APB sale set to go through but Thais may have a say on shareholder payout By KENNETH LIM [SINGAPORE] A deciding vote by the Thai consortium bidding for Fraser Neave (F&N) could determine how minority shareholders of the Singapore conglomerate might
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  • MARKETS DIGEST
    • 65 1 HST INDEX 3,062.61 (-13.02) HST INDEX FUTURES 3,061.00 (-13.00) HSIMSCI 352.73 (-1.38) HSIMSCI FUTURES 353.60 (-0.40) US$ S$ US$ (S$ per US$) 1.226 (US$/S$ per 1.618 1.984 EURO (US$/S$/€) 1.297 1.590 Foreign currency per US$ S$ YEN 78.30 63.80 RM 3.071 2.505 HK$ 7.754 6.326 BAHT 30.89 25.20 RUPIAH
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    • 49 1 Thursday Change KL COMP 1,625.59 -20.52 NIKKEI 225 9,086.98 -145.23 HANG SENG 20,590.92 -250.99 SET INDEX 1,282.68 -2.78 JAKARTA COMP 4,217.52 -27.19 MANILA COMP 5,294.97 -22.06 SEOUL COMP 1,990.33 -17.55 SHENZHEN B 555.16 -9.17 MUMBAI IND 18,315.77 -180.24 12 noon EDT Change DOW 13,567.23 -10.73 NASDAQ 3,172.33 -10.29
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    • 17 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.875 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
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  • Page 1 Advertisements
    • 96 1 SINGAPORE GRAND PRIX F1 comes to town PAGE 4 THE ROAD LESS TRAVELLED Globalising the Asian art brand page 44 OPINION Keeping procurement fraud at bay PAGE 31 EXECUTIVE LIFESTYLE Aboriginal Australian ready to take its place in contemporary art world I PAGE 39 SKYFALL©2012 Danjaq, United Artists, CPU. 007
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    • 1 1 **********04
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  • TOP STORIES
    • 553 2 iPhone 5 bash starts, but StarHub late to 4G party PENT-UP demand for the latest iPhone will be unleashed today with record numbers on telco wait-lists. But for StarHub, the wait will be of an entirely different nature. Hobbled by certification woes, the telco will be the only
      553 words
    • 682 2  -  HSBC’s flash index for Sept stabilises but manufacturing shrinks for 11th mth By VIRGINIE MANGIN in Beijing CHINA’S monthly flash Purchasing Managers’ Index (PMI) shows that the economy may have hit the bottom but signs of a rebound have
      AFP  -  682 words
    • 71 2 IN “STATS ChipPAC lowers Q3 outlook” (BT, Sept 20), we said wrongly that the expected Q3 adjusted Ebitda had been lowered to $160-170 million from $170-190 million. It should have been expected capital expenditure. And in “Uneven growth in Asia Pacific wealth markets: report” (BT, Sept 20), we inadvertently
      71 words
    • 1018 4  -  Turnoffs include high cost, loss of ‘magic’, exclusivity, traffic and retail woes By SAMUEL EE [SINGAPORE] Formula One practice sessions start tonight and will culminate in a closely fought race for the drivers’ championship on Sunday evening. But some Singaporeans are wondering if
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    • 425 4  -  By SAMUEL EE IT'S that time of year again when Formula One swings into town for the Singapore Grand Prix. Some of the drivers have been streaming in as early as Monday to prepare for this weekend's race as well as fulfill their sponsorship obligations. WHOLE
      425 words
    • 696 4  -  BT Weekend will kick off weekly series tomorrow By DYLAN TAN [SINGAPORE] The Business Times and Knight Frank have come together again to bring back the CEOs’ Hawker Guide for a second helping that promises to be bigger and better. After
      THE BUSINESS TIMES FILE PHOTO  -  696 words
    • 915 4  -  Govt changes aimed at further protecting the vulnerable By GRACE LEONG in Macau MARINA Bay Sands (MBS) is preparing for proposed changes to Singapore gaming laws designed to further protect financially vulnerable groups from problem gambling, but does not expect its business to
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  • Page 2 Advertisements
    • 420 2 %/»V^ FOW AWARDS FOR ASIA SOiS At Singapore Singapore Mercantile Exchange (SMX) A Financial Technologies Group Enterprise Wins 3 Awards at FOW Awards for Asia 2012 n Awarded By FOW London For The Most Innovative New Contract Launch By An Exchange Category; Commodities and Energy Singapore Mercantile Exchange Black Pepper
      420 words

  • Page 3 Advertisements
    • 118 3 Depuis 1775 r 'V r ■/> f I Vn, s i f V i k>-~ I If Hi r vy f h s m V V. m% ii Breguet, the innovator Invention of the Tourbillon, 1801 The Classique Grande Complication Tourbillon 5317 provides the perfect setting for Breguet’s most spectacular
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  • Page 5 Advertisements
    • 151 5 Charged with progressive ideas. And electricity. Change the game with the all-new Audi A6 hybrid. Get the performance of a 6-cylinder engine with a fuel efficiency of a 4-cylinder engine. The new Audi A6 hybrid boasts the highest torque in its class of 480Nm with 245bhp and the lowest fuel
      151 words

  • COMPANY NEWS
    • 526 6  -  It may not have a high profile but it has kept to a stable strategy: key exec By SIOW LI SEN ING Bank has seen its Asian business grow rapidly over the past five years, driven by trade and commodity financing to
      526 words
    • 280 6 DBS Bank has launched a virtual credit card that allows cardholders to make payments with their mobile phones. Application for the DBS One.Tap card which requires users to own near field communication-enabled (NFC) smartphones begins today. NFC enables devices to exchange information wirelessly over very
      280 words
    • 676 6  -  Company known for photo smartphone app By JOYCE HOOI SINGTEL continued its bout of digital spending yesterday, adding photo smartphone app Pixable to its fold for US$26.5 million. The acquisition follows the telco’s US$321 million purchase of mobile ad firm Amobee and $12 million buyout
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    • COMPANY BRIEFS
      • 39 8 CAPITALAND Treasury has issued US$400 million in principal amount of 4.076 per cent notes due 2022 under its $5 billion euro medium term note programme. The notes will be listed on the SGX-ST today.
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      • 53 8 UNITED Envirotech’s 70 per cent owned subsidiary, United Envirotech Water (Changyi), has inked a deal to acquire an industrial wastewater treatment plant in Shandong, China. The firm will upgrade and expand the plant in three phases. The first phase of the project will cost 120 million
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      • 85 8 DATAPULSE Technology’s net profit for the year ended July 2012 fell 34.9 per cent to $7 million, or 1.18 cents per share, amid pricing pressure and a weak economic environment. The CD and DVD replication specialist incurred a $2.1 million loss from a Taiwan
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      • 80 8 GLOBAL Logistic Properties (GLP) has incorporated GLP I-Park Xi’an Science Technology Industrial Development in China with a registered capital of 285 million yuan (S$55.4 million). The new indirect associated company will be engaged in the provision of distribution facilities and services, GLP said in
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      • 59 8 TEXCHEM-PACK Holdings (S) has subscribed for an additional six million shares in Texchem Polymers Sdn Bhd (TXPO) for RM6 million ($2.4 million). As at Aug 31, 2012, TXPO has a negative net asset value of RM5.2 million. Proceeds will go towards the unit’s working capital.
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    • 626 8 Bloomberg NEWS that Genting Singapore was selling its 4.8 per cent stake in Echo Entertainment Group hit the shares of the Sydney casino operator yesterday. Echo lost 5.9 per cent to A$3.86 at the close of Sydney trading, the biggest one-day
      Bloomberg; BLOOMBERG  -  626 words
    • 588 8 Toro’s first solo exhibition captured the heart of its viewers Written by ERIN ROTHSCHILD COLLECTORS who attended Singaporean artist Toro's first solo exhibition Madness of Toro from July 30 to Aug 9 at Yuchengco Museum in Makati City, Philippines, were in for a treat. The
      588 words
    • 473 8  -  Bumper payout possible but a recurrent income vacuum: analysts By ANDREA SOH A SALE of the landmark Mandarin Orchard Singapore and the adjoining Mandarin Gallery could lead to a bumper dividend for shareholders of Overseas Union Enterprise (OUE), analysts said. But if both assets
      473 words
    • 707 12  -  It will equip SMEs with information they need to expand regionally By ZEINAB YUSUF SAIWALLA LOCAL enterprises looking for additional skills and expertise to grow and thrive domestically and regionally can now turn to a new institute launched by United Overseas Bank and
      707 words
    • 332 12  -  By TEO SI JIA CHINESE department store Zhongmin Baihui Retail Group has stepped out of the Fujian market with the opening of its Nanjing Nanzhan store in Jiangsu province. Following administrative delays that held up its planned opening in the first half of the year,
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    • 460 12 Reuters Bloomberg [LONDON] The Australian head of CVC Capital Partners has resigned, even as the private equity firm faces losses of up to US$1.8 billion from its debt-funded acquisition of TV network Nine Entertainment. The loss would be the biggest for
      Reuters; Bloomberg  -  460 words
  • Page 6 Advertisements
    • 83 6 ZhongminBaihuiRetailGroupLtd. We are pleased to announce The Opening of Our 9thDepartment Store on 21stSeptember 2012 Our store is located adjacent to Nanjing South Railway Station With an aggregate gross floor area of 361,000 sq.ft, our new store offers a wide range of quality merchandise and lifestyle products. The store also
      83 words
    • 86 6 Empowering Change NION (executive desk) With smooth curves and good quality finishes, and easily changeable in configuration without additional parts. 1,120 (usual price: $1,400) w Walnut Finish, Central Lock, Anodized Aluminium Handle BRIDGE (executive desk) The ultimate, prestigious solution to optimize your workstation and make sure it is always well
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  • Page 7 Advertisements
    • 202 7 RICHARD MILLE A RACING MACHINE ON A CHAIN 'm \V\\ 4* 0 is Oo "'Hill,, 40 4 5 i o iJO s n rftviv 1 m s H i*5 50 i A/ re t •I if &T VY.O IB I s if mm tefcw.' is Sil; ?ea W&h w W>My
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  • Page 9 Advertisements
    • 143 9 i 4 V/ CARTIER PLACE VENDOME PARIS TO TAKASHIMAYA S.C SI NGAP( )RE Like a crowning jewel amidst the stars of haute joaillerie, one maison commands its place in history as a nonpareil of luxury. Unquestionably, it has to be Cartier. For one so esteemed, a home away from home
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  • SINGAPORE MARKETS
    • 647 10  -  This comes ahead of expected falls in the European and US stock markets STOCKS R SIVANITHY Senior Correspondent IF WEDNESDAY’S 7.65-point rise in the Straits Times Index (STI) was thanks to traders buying (or covering their short positions) ahead of an anticipated rise in Western
      Source: Bloomberg  -  647 words
    • 64 10 Sep 20 VALUE CLOSE BT OB/OS 608.00-201.00 BT CADI -*****.00-170.00 BT 10-day MA -*****.00 +61.00 FTSE ST Mid Cap 730.41 -2.97 FTSE ST Small Cap 491.48 -4.54 FTSE ST All Share 746.58 -3.34 FTSE ST China Top 202.73 -2.31 FTSE ST China 219.23 -2.33 FTSE ST Catalist
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    • 56 10 VOLUME Noble Grp 69,612,000 Thai Beverage 69,334,000 Golden Agri 63,156,000 Aussino 62,088,000 GSH Corp 52,667,000 Annica 38,912,000 Equation 38,751,000 Genting SP 34,773,000 Stratech 31,167,000 Qingmei 27,094,000 VALUE($) Noble Grp 94,240,025 F&N 76,663,130 Keppel Corp 49,337,246 Genting SP 48,754,756 Golden Agri 41,900,930 SingTel 37,623,700 Wilmar 36,570,850 DBS Grp
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    • 186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 7 5 0 0 0 5 7 5 Manufacturing 29 69 51 8 8 4 37 77 55 Commerce 12 39 15 2 3 4 14 42 19 Tpt/Stor/Comms 10 15 10
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    • 855 10  -  Compiled by CAI HAOXIANG Genting Singapore Sept 20 close: $1.40 DBS Group Research, Sept 20 GENTING Singapore is placing out its entire 4.8 per cent stake of 39.6 million shares in Echo Entertainment, recognising a $16 million loss. This is a positive development because besides the soft gaming
      Source: Bloomberg  -  855 words
    • 123 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 17,491 17,491 69,962 69,962 Manufacturing 348,768 115,503 464,271 285,249 2,722 287,971 Commerce 240,953 4,842 245,795 178,359 356 178,715 Tpt/Stor/Comms 84,720 18,666 103,386 120,621 5,727 126,348 Finance 17,208 545 17,753 103,353 240 103,593 Construction 69,977 4,117
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    • 113 10 Stock name Close Change Stock name Close Change CapMallsAsia 1.635 -0.005 CapitaLand 3.130 -0.060 CapitaMall 1.965 -0.005 CityDev 11.470 -0.220 ComfortDelGro 1.670 DBS Grp 14.430 +0.010 F&N 8.890 +0.010 GLP 2.570 -0.030 Genting SP 1.400 -0.010 Golden Agri 0.660 -0.005 HK Land 5.960 -0.060 JMH 55.580
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    • 480 10 Euro falls most in 2 months; yen, up CURRENCIES Bloomberg [NEW YORK] The euro yesterday dropped the most in two months against the US dollar as services and manufacturing in the region shrank to a three-year low, adding to evidence that the central bank will need to do more to
      Bloomberg; BLOOMBERG  -  480 words
    • 113 10 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 44.1 0.3 DBXT S&P Short 10US$ 3480 33.1 0.8 YHS 208 18.0 9.5 IS MS India 100US$ 603 12.3 1.7 Straits Trdg 312 10.0 3.3 UOB 5.05%NCPS 100 ***** 10.0 0.1 DBXT MSTHAI 10US$ 1939 9.8 0.4 Chem Ind 45 9.0
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    • 121 10 BY CENTS CLOSE DOWN GLD 10US$ ***** -169.1 -0.8 DBXT AUDCS 5US$ ***** -147.1 -0.6 DBXT MSEurope 10US$ 4581 -78.4 -1.4 DBXT STGLDv100 10US$ 2826 -50.3 -1.4 DBXT FTVietnam 10US$ 2041 -44.1 -1.7 DBXT FTChina25 10US$ 2606 -42.9 -1.3 JSH 3330 -35.5 -0.9 Jardine C&C 4900 -25.0 -0.5 DBXT
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    • 5 10 DAILY
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  • Page 11 Advertisements
    • 106 11 PATEK PHILIPPE GENEVE 3 I Begin your own tradition n t lly own a Patek Philippe. Y( never actu cv You merely look after it for the next generation. .f *41 >■ -1- i a i 5 r r. o V 6. r m m. 'r Wk X, m V
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  • Page 12 Advertisements
    • 499 12 (DYAMAHA (grand Tiano ffa ir 2012 Now UCC30 September TCaza Singapura #06-01 C SERIES Yamaha's CF series represents the pinnacle ofYamaha’s tradition of piano crafting. Materials are carefully chosen and meticulously handcrafted for the dynamic range of tones that is now the trademark of the CF series. The beauty and
      499 words
    • 119 12 THE BUSINESS TIMES I “LOUIS HOOVER’S SALUTE TO SINATRA” CONTEST Simply sensational! daily Mail (UK) m sis? s. 9 DIRECT FROM LONDON’S WEST EWi« JSB BlliJ! mm 0 vfcfc ALBERT HALL U I 1 .uk cpfliniRINGTtiE HOU-glSS 3 -> 21 18 -20 0CT*8PM iviarinabaysands SANDS THEATER SMS WIN! Q: Fill
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  • SINGAPORE NEWS
    • 540 13  -  Shift likely as China is now top trading partner of key US security partners By MALMINDERJIT SINGH CHINA has overtaken the United States to emerge as the most important trading partner for Asian countries a development that will also shape on
      540 words
    • NEWS ROUNDUP
      • 77 13 THE government will soon kick off a four-year project to expand the Bukit Timah First Diversion Canal by 30 per cent, said national water agency PUB yesterday. The first phase, to start in October, will cost $33.7 million. Tenders have been
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      • 89 13 FIFTEEN memoranda of understanding with a combined value of $1.5 billion were inked yesterday between Singapore entities and organisations in Jiangsu province. The MOUs involved projects spanning environmental protection, MRT integrated supervisory control systems, integrated mixed-use developments and R&D. Of the 15, two were
        89 words
    • 679 13  -  Top bid of $960.28 psf ppr exceeds best forecast by 13% By MINDY TAN THE quality of the bids received at the close of the tender for a 99-year leasehold residential site at Prince Charles Crescent reflects general optimism in the
      679 words
    • 468 13  -  By NISHA RAMCHANDANI UNFAZED by McLaren’s recent string of successes, Ferrari’s Fernando Alonso is looking to dial up the heat at the 2012 Singapore Grand Prix this weekend and the subsequent races in Asia. “No. Not at all,” he quipped, in response to
      ARTHUR LEE  -  468 words
    • 244 13 THE Institute of Certified Public Accountants of Singapore (ICPAS) has named a new chief executive the trade body’s third this year. In his new role, Lee Fook Chiew, formerly executive vice-president of private investing company Wah Hin Co, will help to spearhead
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  • Page 13 Advertisements
    • 108 13 r nkr /'A O 5* *»®5S MOSER PERPETUAL 1, ref. 341.501-004.18k rose gold. Hand-wound movement cal. HMC 341.501. 10 days power reserve. Back and forth date adjustment. Instantaneous date change from 28 lh Feb to l sl Mar. Winner of the prestigious Grand Prix d'Horlogerie de Geneve 2006 category "Montre
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  • MALAYSIA/INDONESIA
    • 534 14  -  S’pore’s GEH among investors of the firm, which launches its prospectus today By S JAYASANKARAN in Kuala Lumpur SOON-TO-BE-LISTED Astro Malaysia Holdings, which will unveil its prospectus today, has locked in 16 so-called “cornerstone” investors, Reuters reported yesterday citing sources, reflecting growing interest in
      BLOOMBERG  -  534 words
    • 556 14 Growing demand, failure to produce more will see it overtaking China Reuters [JAKARTA] Indonesia’s struggle to boost sugar output due to competition for land and under-investment is forcing it to spend heavily and become the world’s biggest importer of the sweetener in place of
      Reuters  -  556 words
    • 398 14 Bloomberg [JAKARTA] Indonesia, preparing to ban raw metal ore shipments from 2014 while compelling mining companies to build smelters, will probably allow some exports beyond that deadline to give more time for processing plants to be built. “There will be some room,” Deputy
      Bloomberg  -  398 words
  • Page 14 Advertisements
    • 163 14 W* «r V r. fi ir ■*< r/ IK j* m >i&7 INVESTING IN ASIAN MINING INDABA 29-31 OCTOBER 2012 SINGAPORE (C--i ONE EVENT will Provide You with the Global Asian Commodities Insight that You Need TOM BUTLER IFC, a World Bank Company DR. ELENA BRIAN DAVID CLARICI GORDON HALE
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  • GREATER CHINA/INDIA
    • 653 16  -  Las Vegas Sands to build The Parisian costing US$2.5-3b along Cotai Strip By GRACE LEONG in Macau IF Las Vegas can have Paris on the Las Vegas Strip, Macau too can have The Parisian on the Cotai Strip. Las Vegas Sands chairman
      653 words
    • 579 16 Bloomberg [NEW DELHI] Shops and businesses across India remained closed as traders support a day-long strike called by the Opposition to demand the government scrap decisions that raise diesel prices and allow foreign retail chains to set up stores. The nationwide protest adds to pressure
      Bloomberg; AP  -  579 words
    • 723 16 Reuters [BRUSSELS] European Union and Chinese leaders agreed yesterday to avoid trade protectionist measures following months of increasing tensions between the global partners with China undertaking to continue to invest in European debt. At a summit in Brussels the 15th between
      Reuters  -  723 words
    • 288 16 AFP [NEW DELHI] Police have arrested five former senior executives of Reebok India for allegedly defrauding the sportswear company of about US$160 million over a number of years, police said yesterday. The company’s former managing director, chief operating officer and three general managers were arrested
      AFP  -  288 words
  • Page 16 Advertisements
    • 36 16 Sotheby's DIAMONDS SOTHEBY’S DIAMONDS VIEWING THE LANDING POINT AT THE FULLERTON BAY HOTEL 80 COLLYER QUAY, SINGAPORE SATURDAY 22 SEPTEMBER 2012 10:30AM TO 5PM SUNDAY 23 SEPTEMBER 2012 10:30AM TO 6:30PM ENQUIRIES +65 6732 8239 SOTHEBYSDIAMONDS.COM
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  • Page 17 Advertisements
    • 63 17 AS MODERN TODAY AS WE WERE IN 1692. At Coutts we utilise the latest technology to provide you with the speed, accessibility and convenience you expect from a modern-day bank. But, importantly, it doesn’t come at the cost of the truly bespoke and personal service we’ve been famous for in
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  • ECONOMY WATCH
    • 731 18 ECB intervention in bond market not showing signs of boosting confidence Reuters [LONDON] The European Central Bank’s aggressive new bond-buying plan has so far failed to inspire any major improvement in business at ailing eurozone companies, unexpectedly gloomy surveys showed yesterday. The downturn in
      Reuters; AP  -  731 words
    • 780 18 Gates on top again; Adelson among those out of top 10 Reuters [NEW YORK] The net worth of the richest Americans grew by 13 per cent in the past year to US$1.7 trillion, Forbes magazine said on Wednesday, and a familiar cast populated
      Reuters; Source: Forbes Magazine; Photos: Bloomberg, Reuters  -  780 words
    • 356 18 Bloomberg [SYDNEY] Aberdeen Asset Management plc, which oversees about US$270 billion, said it’s staying cautious as it foresees “significant weakness” in the global economy. The comments come even after the European Central Bank (ECB) announced a bond buying programme on Sept 6,
      Bloomberg  -  356 words
  • Page 18 Advertisements
    • 131 18 Pan Pacific Orchard, Singapore is delighted to present an exciting gastronomic showcase featuring our rejuvenated signature restaurant, 10 at Claymore, and Lobby Lounge. Join us on Saturday, 6th October 2012 between 10am and 10pm for our ‘Inclusively Yours’ dining experience and indulge in an unlimited offering of delicious food and
      131 words

  • WORLD
    • 574 19 Blankfein says a hard landing in China would be real threat to world economy AP [TORONTO] The chief executive of Goldman Sachs says he is against austerity measures in the short term as the US “fiscal cliff” looms. Lloyd Blankfein, also chairman of
      AP; PHOTO: BLOOMBERG  -  574 words
    • 223 19 Reuters [NEW YORK] Bank of America Corp (BofA) is planning to cut 16,000 jobs by year-end as it speeds up a compa-ny-wide cost-cutting initiative amid declining revenues, the Wall Street Journal reported on Wednesday. The job cuts would
      Reuters  -  223 words
    • 484 19 Warning follows outages on BofA, JPMorgan websites Reuters [NEW YORK] A financial services industry group warned US banks, brokerages and insurers on Wednesday to be on heightened alert for cyber attacks after Bank of America and JPMorgan Chase experienced unexplained
      Reuters  -  484 words
    • 359 20 Gold holdings’ value up by A$400m to A$4b as price jumps Bloomberg [SYDNEY] The Reserve Bank of Australia (RBA) returned to a profit in the 12 months to June as it sold foreign securities and local assets increased in value. The nation’s central bank
      Bloomberg; PHOTOS: BLOOMBERG, REUTERS  -  359 words
    • 705 20 Combined market value of main online classified advertisers jumps 30% in 9 mths Reuters [MELBOURNE] A pack of new media specialists in Australia has surpassed many of the country’s newspapers and television networks in size after diverting away the precious
      Reuters  -  705 words
    • 481 20 Bloomberg [COPENHAGEN] Denmark’s government unveiled a package of measures designed to prop up the country’s businesses as the latest forecasts from the central bank show economic growth this year will be a fourth the rate previously estimated. The coalition government of Social
      Bloomberg  -  481 words
    • 647 22  -  Meanwhile, Japan exports in August, particularly to China, fall for third straight month By ANTHONY ROWLEY in Tokyo GLOBAL trade, a key driver of economic growth, is in danger of stalling, the head of the Organisation for Economic Co-operation and Development, Angel
      REUTERS  -  647 words
    • 512 22 Regulator chides James Murdoch for handling of phone-hacking case Bloomberg [LONDON] British Sky Broadcasting Group (BSkyB) gained approval to keep its broadcast licence, a UK regulator ruled, while criticising board member James Murdoch’s reaction to phone-hacking revelations at News Corp, which owns 39
      Bloomberg  -  512 words
    • 634 22 In renewing Nike contract, it may point to new entrants in soccer apparel market Bloomberg [LONDON] Manchester United convinced General Motors (GM) to pay a record US$559 million to have its Chevrolet brand on the team’s red jersey. Now, the 19-time
      Bloomberg  -  634 words
    • 316 22 Bloomberg [WASHINGTON] The index of US leading economic indicators fell in August, led by a decline in new orders for manufacturing. The Conference Board’s gauge of the outlook for the next three to six months decreased 0.1 per cent after a revised
      Bloomberg  -  316 words
  • Page 19 Advertisements
    • 249 19 Citadines Prestige Trafalgar Square London Country United Kingdom City London A rfrrrrca Australia Bahrain Belgium China France Georgia Germany India Indonesia Japan Korea, South Malaysia Oman Philippines Qa Sii Spain Thailand United Arab E Vietnam Bahrain Bangalore Bangkok Barcelona Beijing Berlin Bordeaux Brussels Cannes Chengdu Chennai Chongqing Dalian Doha Dubai
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  • Page 20 Advertisements
    • 592 20 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CHINA BEARING (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****2048E) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting (“EGM”) of China Bearing (Singapore) Limited (the “Company”) will be held at the Presidential
      592 words
    • 393 20 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 ACALPO WILMAR PTE LTD [COMPANY. REG. NO.: *****0668G] MEMBERS’ VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company which was deemed to have been held on 12 September 2012 and the following resolutions passed pursuant to Section 179(6) of the
      393 words
    • 557 20 SIMPLY SPA INTERNATIONAL PTE LTD Co Regn No: *****0217H Incorporated in Singapore (IN CREDITORS’ VOLUNTARY LIQUIDATION) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT pursuant to Section 308 of the Companies Act, Cap. 50, the Final General Meeting of the members and the creditors of the abovenamed company
      557 words
    • 399 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MATICA ASIA PACIFIC PTE. LTD. Company No. *****5951E (In Members’ Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of
      399 words
    • 29 20 Find it STDirectory Air Con Services Des\gners T Vow 0 0 0 \nter\oT DecoraW VI STD RECTORY sa Search from 16 categories with results showing maps, addresses and more.
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  • Page 21 Advertisements
    • 111 21 Ml, AUTO DOOR 'JOF VEGETABLE f REE2ER pH°?i£ K «noooo« sec p, ws3S6C CLEANING mm ....envy THE NEW HITACHI INTELLIGENT FRIDGES. Envious? Hitachi made it all possible with its new Made in Japan elite line of fridges. Now bigger in capacity and energy-saving, the improved Hitachi's Original Vacuum Compartment intelligently
      111 words

  • Page 22 Advertisements
    • 76 22 CRAB YOUR OCTOBER ISSUE NOW! Free! 36-Page Guide To SI yle lCJU°/o USEFUL! SINGAPORE SINGAPORE'S NO. 1 MEN'S MAGAZINE STRONGER! LEANER! FASTER! HIT YOUR PEAK WITH 3 MOVES MEWSHEAlTH.COM.se MH-APPROVED ill 200% 53 BEST GR t MEN TO THIS ij IN 8 WEEKS OLI PETTIGREW'S UT-BUSTIM BCCIHE THE f WORKOUT
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    • 36 22 SINGH STRIKES Will Indian PM stick to his big bang reforms despite his biggest ally pulling out? Narpani Pearavai dialogue on National Day Rally speech GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
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  • PROPERTY
    • 697 24  -  Alternative workplace strategies help utilise office spaces better By ZEINAB YUSUF SAIWALLA SHARED desks, smaller work spaces, increased diversity and other alternative workplace strategies could become the norm in Singapore within the next seven years as the demand for creative office spaces increases.
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    • 313 24  -  Over 220 of the 262 units released for sale sold on Day 1 By MINDY TAN MORE than 220 of the 262 units released for sale at the 99-year-leasehold eCO in Bedok South Avenue 3 were snapped up on Wednesday, the first day of
      313 words
    • 639 26 Conservationists not happy as store adds space and scraps old classic touches AP [NEW YORK] A US$400 million makeover is giving New York’s iconic Macy’s store a sleek, new 21st century style. And some preservationists aren’t happy about it. They see the overhaul of America’s biggest
      AP; PHOTOS: AP  -  639 words
    • 392 26 Bloomberg [LOS ANGELES] Almost two-thirds of US residential real estate investors plan to buy as many as or more homes in the next 12 months than they have in the past year even as prices rise, according to a survey released
      Bloomberg  -  392 words
    • 1219 28 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN AUG 22 AND AUG 28, 2012 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED V On Shenton Apt 28/08/2012 99 689 1360 1974 V On Shenton Apt 27/08/2012 99
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  • Page 24 Advertisements
    • 450 24 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D04 HOUSE FOR SALE SANDY ISLAND Bungalow Sandy Island, Sentosa, 6955/ 6749 sqft, 5 rooms, nice, pool, private berth $17.4M. 9115 1111 Yimei D04 HOUSE FOR SALE SANDY ISLAND Sentosa Sandy Island. Best facing with privacy, 8077 7828 sq.ft. $20M. To view,
      450 words
    • 102 24 D11 21 HOUSE FOR SALE SEMI-DETACHED ECG Dynamic Alliance. 1) Cheng Soon 2-sty Semi-D 3928 sqft, mins walk MRT. 2) Coronation Semi-D 4800 sqft, $13xx psf. 8100 7772 D11 21 HOUSE FOR SALE SWISS CLUB Swiss Club GCB *****/ 9000 sqft, 5+1+1, big pool, park 8 cars. Face East. $14xx
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  • Page 25 Advertisements
    • 963 25 D13 HOUSE FOR SALE BRADDELL HEIGHTS 10,500/8,800 sqft. Elevated land. Facing N/S. 2½ -storey, 5 huge rms music rm, 3 kitchens, pool lift. Park 6 cars. $12.xM only! Dan Lim: 9853 4988 D13 HOUSE FOR SALE BRADDELL HEIGHTS Braddell tropical 10,000 sqft 7-rm bungalow with a nice garden, pool and
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    • 210 25 D02 APARTMENT FOR SALE LUMIERE Mistri Road. Bulk Sale (5 units) 1 2-bedroom. Low psf! High floor. With tenancy. D02 APARTMENT FOR SALE SPOTTISWOODE RESIDENCE Spottiswoode Residence. Freehold. New units released! Above #30. Special discount up to 13%! Call Developer Sales. D03 APARTMENT FOR SALE Rayson Heng 9128 0566 METROPOLITAN
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  • Page 26 Advertisements
    • 135 26 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D04 APARTMENT FOR SALE REFLECTIONS KEPPEL BAY Good buy! 3room 1625sqft. $16xx Psf. Iconic lifestyle Agt 1.5% comm. 9853 4428 Karen Seah D04 APARTMENT FOR SALE THE AZURE Sentosa. Best price. 1776 sqft. 3 bdrms. Spacious balcony. Great unit for ground flr
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    • 125 26 D05 APARTMENT FOR SALE PARC IMPERIAL 1118 sqft. 2-bedroom penthouse. Sea view. Freehold. 5 minutes to Haw Par Villa MRT. Ask $1.45M. Merrina 9838 2943 D05 APARTMENT FOR SALE WESTCOVE 2+1 1108 sqft. High flr. Quiet facing. Resort living. Asking $1.05M 9299-6260 Eileen Tham D08 APARTMENT FOR SALE PRISTINE HEIGHTS
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    • 127 26 D09 APARTMENT FOR SALE NOVENA Almost Sold! Freehold 1550 sqft. Tenanted till ’2013. 3+1+balcony. Breezy. 8168 4359 Rosie D09 APARTMENT FOR SALE THE IMPERIAL The Imperial, 1464 sqft, 3 bdrms. 2 balconies. No noon sun. Ask $1950 psf. View Friday 9am-1pm by appointment D09 APARTMENT FOR SALE THE MARQ Marq
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    • 105 26 D09 APARTMENT FOR SALE VISION CREST Vision Crest Oxley Rise. Freehold. $2.06M only! 2-rm. 904 sqft. Tenanted $5.7K. Near MRT. D10 APARTMENT FOR SALE AVALON Avalon 3+1. 1765 sqft. Private lift. Spacious living/ bedrooms. Mins Orchard. View: joannehomes.com Jo 8282 1368 D10 APARTMENT FOR SALE HOLLAND PEAK Rare! Holland Peak,
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    • 129 26 D10 APARTMENT FOR SALE LATITUDE Must buy! 3-bedrooms. 1615 sqft. Freehold. Pool view. Private lift. F/facilities. Genuine seller! Jess 9182 3822 PN D10 APARTMENT FOR SALE LEEDON RESIDENCE Freehold. Award winning architect. 2/ 3/ 4 rooms Next to MRT, Good Class Bungalow. By appt only. D10 APARTMENT FOR SALE LUSH
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  • Page 27 Advertisements
    • 238 27 D10 APARTMENT FOR SALE SOMMERVILLE PARK Sommerville Park D.10. 3+1 bdrms. Unblocked Approx 1948 sqft. Nearby to Farrer Court MRT. Jimmy Yang 9066 6729 Trion D10 APARTMENT FOR SALE VOLARI Volari Balmoral. Freehold. Mid-flr 1324 sqft, 2rm serenity with opulence. Within 1km to SCGS, ACS. Joyce Yong 9698 0098 www.joyceyong.com
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    • 233 27 D15 APARTMENT FOR SALE COTE D’AZUR Cote D’Azur. Excellent location. 2+ balcony, 1152 sqft. Future MRT. Mins CBD/ Top School/ Shopping Mall. D15 APARTMENT FOR SALE JOO CHIAT ROAD 216 Joo Chiat Road. Just TOP. SOHO. 398 sqft. Gym, pool, near amenities/shops. Koh H.S. 9107 6008 (Roof) D15 APARTMENT FOR
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    • 251 27 D19 APARTMENT FOR SALE FONTAINE PARRY 850 sqft Poh Huat Road, 2 bedroom 999 years, NS facing, Pool Landed view. Below Val. D19 APARTMENT FOR SALE KOVAN Doorstep to Kovan MRT!!! Walk to mall/ amenities/ Good schools. Exclusive. For VVIP Appointment, pls call CP 9380 6338 (Huttons) D19 APARTMENT FOR
      251 words
    • 241 27 D20 APARTMENT FOR SALE SEASONS VIEW Good buy! Spacious 2 bedroom. High floor. Unblocked view. Near RI, RJC/ Catholic High/ MRT. Amber Lin 9322 1232 D23 APARTMENT FOR SALE HILLVIEW New launch! Hillview. Walk to future MRT. 1/ 2/ 3/ 4 bdrm. Hurry! Register for VVIP Preview now. D23 APARTMENT
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    • 250 27 D10 HOUSE FOR RENT BELMONT ROAD Land approx 48,000 sqft. Exclusive elevated ground. 5bdrm all ensuite baths, huge living+patio overlooking pool. Immed. $60K. Freddy *****038 D10 HOUSE FOR RENT EWART PARK $23K for a stately Good Class Bungalow at Ewart Park off Holland. 5 spacious bedrooms. Luxurious Partial furnished. Richard
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  • Page 28 Advertisements
    • 122 28 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WATS D01 APARTMENT FOR RENT MARINA BAY RESIDENCES MARINA BAY Residences 2-bdrm #2X. Bay view!! Only $6,888 Avail Immed. 8611 6999 Now D04 APARTMENT FOR RENT CARIBBEAN Rare! Patio. 3 bedrooms+maid. Quiet. Sea Waterway view. Best condition. Immediate. View to offer. Kenneth
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    • 120 28 D09 APARTMENT FOR RENT PATERSON SUITES 3-bdrm balcony. 1679 sqft. Nice. Pte lift. Quality fittings. P/furn. $9.xk Sarah Zhang 8118 0205 D09 APARTMENT FOR RENT RIVERGATE Rivergate 1507 sqft 3 bdrms, 3 baths. Balcony. Like new. City view. Bright, windy. Excellent location. Ken Lam 9002 8631 PN D10 APARTMENT FOR
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    • 130 28 D10 APARTMENT FOR RENT THE CORNWALL 1044sqft, $5.6K. Chelsea Gdns 1959sqft, $8.8K. Duet penthse, 3541sqft, $10K. Duet 1744sqft, $7K. Villa Delle Rose, 3000sqft, $11K. D10 APARTMENT FOR RENT THE TRESOR The Tresor. Fairly new low-rise, 4 1 1 huge balconies. Tranquil/ serene. Asking $9,500. Full commission. KF 9639 3445 Maurice.
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    • 123 28 D11 21 APARTMENT FOR RENT AMARYLLIS VILLE Newton vicinity 3-bdrm. 1240 sqft. Only $6.5K. Full/ Partial furnished. High floor. View by appt. Elizabeth 9148 6131 D11 21 APARTMENT FOR RENT NOVENA LODGE Novena Lodge 2+study, 700 sqft. Well maintained. Fully furnished. Pool. Gym. MRT/ shopping. Avail October. $3.2K negotiable D15
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    • 122 28 D22 APARTMENT FOR RENT MAYSPRINGS Nice 3+1 1550 sqft. Furn. High flr. Pool view. Bright, windy. Immed Grace Cha 9226 8688 JLL D01 OFFICE FOR SALE THE CENTRAL Soho 2 The Central. Clarke Quay MRT. 1270 sqft. High ceiling. Tenanted. City view. $3M. 9848 6541 Elsie D02 SHOP FOR SALE
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  • Page 29 Advertisements
    • 380 29 D03 FACTORY FOR SALE ONE COMMONWEALTH B1 Duplex. Good corporate image. Mins to MRT/ CBD/ Jurong. $850K neg. D07 OFFICE FOR SALE GOLDEN MILE COMPLEX $330K Only! Beach Road. CBD. Sell with tenancy. En-bloc potential. Tay 9228 3161 D08 SHOP FOR SALE SERANGOON ROAD $2.5M-$8M! Little India main S’goon Rd/
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    • 185 29 D20 FACTORY FOR SALE ANG MO KIO Register Interest Now! Launching Soon AMK! B1 direct access Factory Terraces Warehouses! 60 years lease. Walk to MRT. Ample carpark. D20 FACTORY FOR SALE MIDVIEW CITY Sin Ming Lane, Midview City 1678 sqft. B1 ramp up. 2 parking lots. Future MRT. Limited 60
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    • 243 29 D01 SHOP FOR RENT o AMOY STREET Amoy Street, ground floor shophouse. Corner unit. 1900 sqft. Bright. Tastefully renovated. $15,000. Call 9735 8800 HL D02 OFFICE FOR RENT DUXTON HILL Grade ’A’ shophouse. Newly refurbished. 4600 sqft. Roof garden. $5.80 psf. 9735 8800 HL D03 OFFICE FOR RENT MANHATTAN HOUSE
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    • 392 29 D07 OFFICE FOR RENT BEACH ROAD Near Lavender/ Nicoll Highway MRT. Office/ showroom. 260sqft. Cheap! Also many units avail islandwide. 100-5000sqft. D07 OFFICE FOR RENT SULTAN-LINK CBD Area 100/ 250/ 500/ 1000 sqft. Bare/ fitted, utilities wifi incl. fm $1,178. Owner 9742 8998 D08 SHOP FOR RENT SERANGOON ROAD 2-storey
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    • 336 29 D09 SHOP FOR RENT FAR EAST PLAZA Far East Plaza. Prime unit. $8500. Suits fashion, salon, manicure pedicure. 9277 4219 Josephine D14 RESTAURANT FOR RENT KAKI BUKIT Canteen Aircon Cafe Kaki Bukit. 250 140 sqm. 5+1 takeover. Good crowd. negotiable. Immediate! Call now! D15 SHOP FOR RENT SIGLAP V Siglap
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  • EDITORIAL & OPINION
    • 515 30 EDITORIAL THE Asean Trading Link (ATL) went “live” this week with the linking of the first two exchanges: the Singapore Exchange (SGX) and Bursa Malaysia (BM). Thailand will hook up next month. This is a commendable long-term initiative which holds great
      515 words
    • 782 30  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 “OUR generation is not wise enough to find common language on this question,” Chinese leader Deng Xiaoping said in 1978 about his country’s
      782 words
    • 968 30  -  Republicans are promoting incoherent foreign policy positions and populist China-bashing LEON HADAR Washington Correspondent AFTER months of presidential election campaigning that has focused almost exclusively on the economy, America’s relationship with the world, and in particular with the Middle East and China, has
      AP  -  968 words
    • 1338 31  -  But the real effectiveness of systems and controls hinges on people and the ethical decisions they make By PERRINE OH The writer is research manager of the Institute of Certified Public Accountants of Singapore ECENT reports have cast a spotlight on
      1,338 words
    • 445 31  -  STAT SPEAK By BHANOJI RAO IN ALL fairness, one must expect a fair amount of poverty reduction arising from, or at least aided by, decades of development assistance generously extended bilaterally and via multilateral institutions to the developing nations. What is the empirical
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  • Page 31 Advertisements

  • AVIATION
    • 643 32 Disruptions caused by maintenance delays, pilots’ action over court ruling Bloomberg [DALLAS] American Airlines has cancelled 300 flights until Sept 23 as it grapples with an increasing number of maintenance delays as well as pilots calling in sick after the company won court permission to
      Bloomberg; AFP  -  643 words
    • 217 32 AFP [DUBAI] A top UAE official denied yesterday reports that the Gulf state had toughened visa rules for tourists from labour-export-ing South Asians nations banning low-income visitors. Nasser al-Menhali, assistant undersecretary for Nationality and Residency at the interior ministry said that no changes
      AFP  -  217 words
    • 483 32 Some short-haul services to merge with budget unit Bloomberg [FRANKFURT] Deutsche Lufthansa AG, Europe’s sec-ond-biggest airline, will combine its European short-haul operations outside its main Frankfurt and Munich hubs with the Germanwings low-cost unit as part of a cost-reduction effort. The new unit will begin operations
      Bloomberg  -  483 words
    • 275 32 [SINGAPORE] Changi Airport handled some 4.28 million passengers in August, an increase of 10.9 per cent compared to a year ago, said Changi Airport Group yesterday. Air traffic movements for the month grew by 6.5 per cent to 27,400 flights. Demand for
      FILE PHOTO  -  275 words
  • Page 32 Advertisements
    • 671 32 SATS NOTICES Toll free 1800-289-8822 Email notices@sph.com,sg www.cats.com.sg/notices 1 1 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF V.SHIPS (CHINA) PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NUMBER: *****9538D FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act,
      671 words
    • 404 32 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TRYLINE INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) Reg No. *****7614W NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 70 Anson Road #15-01 Hub Energy Point Singapore
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    • 445 32 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF MERCHANT QUAY PTE LTD (In Members’ Voluntary Liquidation) (Co. Reg. No. *****0145W) NOTICE OF RESOLUTION MEMBER’S RESOLUTIONS IN WRITING PURSUANT TO ARTICLE 55 OF THE ARTICLES OF ASSOCIATION OF MERCHANT QUAY PTE LTD IT WAS RESOLVED
      445 words

  • SHIPPING
    • 377 33 Economic factors, fleets growing faster than demand causing downtrend Bloomberg [SHANGHAI] China Ocean Shipping Group (Cosco), the nation’s biggest sea-car-go carrier, said a market slump may continue for the next three years as fleet expansion outpaces demand. “I fear the future
      Bloomberg  -  377 words
    • 404 33 Bloomberg [SHANGHAI] China Ocean Shipping Group Co (Cosco), the nation’s biggest ship operator, is considering an order for very large crude carriers (VLCCs) as the country’s economic growth spurs oil imports. The plan is at the “ideas and research” stage, Meng Qinglin,
      Bloomberg; FILE PHOTO  -  404 words
    • 491 33 Bloomberg [LONDON] Trading of derivatives used to bet on or hedge shipping costs will plunge 53 per cent by value in 2012 after charter rates fell to the lowest level in more than three years, according to Freight Investor Services Ltd.
      Bloomberg  -  491 words
    • 257 33 SGX '000 Sep 20 S$ +/-Vol CH Offshore 0.46 unch 475 Chuan Hup Hldg 0.25 unch 185 Cosco Corp 0.99 -0.02 3602 s$ Ezra Hldgs 1.21 -0.03 ***** First Ship Lea 0.13 unch 3275 Freight Links 0.07 unch 4739 Grand Banks 0.36 unch 16 Jaya Hold Ltd 0.57
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    • 3433 34 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 n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination
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  • Page 33 Advertisements
    • 426 33 at OUTLOOK of PROPERTY MARKET ■5012/2013 TRENDS, OPPORTUNITIES PITFALLS STPROPERTY Seminar 2012 Meet industry experts and uncover in-depth real estate knowledge V Gain insights on the current property scene V Identify emerging trends in real estate WHO SHOULD ATTEND: HOME OWNERS PROPERTY INVESTORS PRIVATE PROPERTY BUYERS HDB UPGRADERS It's no
      426 words


  • Page 35 Advertisements
    • 168 35 TO ADVERTISE IN THE BUSINESS TIMES SHIPPING TIMES CALL JOE WONG FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? The Business Times TO ADVERTISE, CALL JOE WONG AT 9620 1327 Highlight Your Company Anniversary Shipping Times y m I would like ,o
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  • SINGAPORE STOCKS
    • 2995 36 Transaction date: Sep 20 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 145 92.5 AIMSAMPIReit 139.5 +0.5 152
      2,995 words
    • 176 37 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 Cooo) Day High Low Last Quote Buyer Seller Div Gr Yld Net M Cap C’vr P/E Smil 20.5
      176 words
    • 8262 37 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 AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mat Asia Limited FM local Ccy Bond 0
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    • 193 37 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 41.5 25.5 Genting HK US$ US33 -1 4215 34 33 33 33.5 2172.9 Last 220 168 TanChongInt HK207 +1 78 207 202 205 207 4.3 3.4
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    • 877 37 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 127 114.4 ABF SG Bond ETF 120 +0.1 10 120 120 119.9 123 547.8 127.1 120.4 CIMB APAC Div 100S$D 127 125.2 126.4 103.1 95.8 CIMB
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  • FINANCE & COMMODITIES
    • 644 38 Sep 20 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 9174.19 9215.57 9079.19 Dec12 9160.00 9180.00 8985.00 9000.00 *****1 *****5 Mar13 8985.00 59 464 MSCI TAIWAN INDEX FUTURES SPOT 277.12 277.12 274.10 Sep12 277.30 277.50 274.70 275.70 ***** *****8 Oct12 277.20 277.40 274.60 275.60
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    • 373 38 In local curr In S$ In US$ dy yr dy yr dy yr Sep 19 Index Change Change Change Change Change Change World Preliminary 934.2 0.4 12.6 0.3 7.2 0.4 13.5 EAFE Preliminary 743.2 0.5 9.0 0.5 4.4 0.6 10.6 Europe Preliminary 1126.8 0.4 9.8
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    • 112 38 As on 19 September 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL INDIA GOLD (E-GOLD) FUT OCT2012 590.35 588.65 592.00 452 GOLD FUT DEC2012 1781.40 1766.50 1771.80 37 CURRENCY EUR-USD FUT DEC2012 1.3096 1.3006 1.3068 2653 BASE METAL COPPER FUT DEC2012 8463 8360
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    • 107 38 Sep 19 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 12 1669.50 1640.00 1675.75 1643.00 Jan 13 1669.25 1639.25 1674.00 1641.25 Mar 13 1627.00 1599.75 1629.25 1600.50 May 13 1558 1536 1560 1537.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 12 55.83
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    • 70 38 CRUDE OIL PRODUCTS Sep 19 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.63 -4.75 WTI (Near Mth) 91.82 -3.54 Dubai (1-Mth F) 109.39 -0.97 Tapis blend 116.32 -0.38 Minas 111.47 -1.38 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.11 -0.56 Jet Kerosene 131.28 -0.80 US$/barrel OpecOil Basket
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    • 23 38 Sep 20 Sep s$ Bid Offer 1-month 1.2256 1.2259 2-months 1.2256 1.2259 3-months 1.2255 1.2259 6-months 1.2251 1.2255 Source: OCBC
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    • 65 38 Sep 19 Sep Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2126.50 2161.75 3 months 2140.00 2160.00 Copper, Grade A(US$/tonne) Cash 8340.00 8310.25 3 months 8350.00 8319.00 Lead(US$/tonne) Cash 2260.75 2266.50 3 months 2271.00 2274.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.50 3 months
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    • 79 38 Sep 19 COCOA (£/tonne) Close Prev High/Low Dec 12 1642 1633 1649/1629 Mar 13 1623 1617 1632/1614 May 13 1628 1622 1637/1618 Jul 13 1633 1628 1641/1625 COFFEE(US$/tonne) Close Prev High/Low Sep 12 2010 2005 Nov 12 2017 2024 2038/2015 Jan 13 2036 2042 2055/2035 Mar 13 2051 2056
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    • 1031 38 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 1 146 598 5.38 20 Conv Ratio Baker Technology Ltd W*****6 0.9 -0.1 1000 1 32 1 36.11 2 BakerTech W*****5 7.5 unch 801 1 27 6
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    • 470 38 Sep 20 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.017 6.549 0.801 8.059 56.479 99.241 0.813 11.677 3.192 1.262 98.238 43.433 1.274 8.664 0.968 30.511 32.109 0.642 1.039 Canada 0.983 6.438
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    • 61 38 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 0.***** Sep 20 Sep 20 0.***** SWAP Mid rates (S$) 12 mths 0.***** 0.***** SWAP Mid
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    • 136 38 Sep 20 GOLD(US$/oz) Sep 19 Sep 20 Hong Kong 1785.30 1772.00 Sep 20 Sep 18 Sep 19 London 1770.74 1771.30 1771.96 1772.30 Source: Thomson Reuters CAST BAR Sep 20 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 167 69 5gm 474 347 10gm
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    • 90 38 Sep 20 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 20-Dec-12 0.28 6-Month BS*****X 21-Mar-13 0.29 1-Year BY*****T 02-May-13 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 99.98 5-Year N*****0Z 2.375 01-Apr-17 108.74
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    • 57 38 Sep 20 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 12 2690.0 2705.0 2700.0 2648.0 533 4257 Nov 12 2805.0 2813.0 2816.0 2747.0 5959 ***** Dec 12 2858.0 2859.0 2871.0 2804.0 ***** ***** Jan 13 2916.0 2922.0
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    • 155 38 Sep 20 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2739 1.2743 1.0394 1.0395 Canadian dollar 1.2519 1.2530 1.0221 1.0215 Euro 1.5900 1.5907 1.2973 1.2976 NZ dollar 1.0089 1.0097 0.8232 0.8236 Sterling pound 1.9833 1.9842 1.6182
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    • 121 38 As at 9am Sep 20 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.310 1.248 Can dollar 1.284 1.223 Euro 1.634 1.557 Sterling pound 2.023 1.946 NZ dollar 1.043 0.994 US dollar 1.241 1.194 Local dollars to 100 units of foreign
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    • 161 38 Sep 20 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.25 0.15 1 month 0.35 0.20 2 months 0.45 0.25 3 months 0.50 0.30 6 months 0.80 0.60 9 months 1.00 0.80 12
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  • executive lifestyle
    • 1574 39  -  Aboriginal Australian, one of the last great art traditions of the world, is ready to take its place in the contemporary art world. By HELMI YUSOF By HELMI YUSOF AT the opening of Margaret Loy Pula’s art exhibition, the artist sits quietly at the
      PHOTOS: MUK MUK FINE ART, REDOT FINE ART GALLERY  -  1,574 words
    • FORMULA 1
      • F1 events guide
        • Article, Illustration
          575 40 Food parties A quick guide to F1-related events and more Sky Grand Prix Party: Contemporary Italian restaurant Zafferano, which debuted atop the Marina Bay Financial Centre in July, will be hosting its maiden F1 party tomorrow. Besides a stunning 180° panoramic view of three track turns, expect to be entertained
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        • Article, Illustration
          286 40 Jay Chou: On the eve of the release of his new album, the Mando-pop King ends the first day of the races with a performance on a specially designed set at the Marina Bay Street Circuit. Chou is the first Chinese artist ever to perform at the Singapore GP.
          286 words
        • 47 40 Hublot pop-up store: Catch the world’s first Hublot pop-up store and see US$20m worth of luxury timepieces on display. Everything is up for grabs so don’t forget to bring your wallet. The Hublot Pop-Up Store is at Paragon Shopping Mall till Sunday. 10am-9pm, admission is free.
          47 words
        • Article, Illustration
          150 40 Gillman Barracks: The newly-opened art cluster in Singapore boasts 13 high-end galleries featuring contemporary works by the likes of Yayoi Kusama, Annie Leibovitz, Yoshitomo Nara and Ian Woo. You’ll need a day to stroll from one gallery to another stretch across two roads, Malan Road and Lock Road. Gillman
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    • CINEMA
      • 723 41  -  ‘Savages’ shows that when the chips are down, human beings in this day and age still resort to crude baser instincts. By GEOFFREY EU By GEOFFREY EU SAVAGES begins by making a quick but chilling reference to the film’s title before switching over to a scene
        UIP  -  723 words
      • 469 41  -  By DYLAN TAN WITH his latest film, To Rome With Love, Woody Allen has written four amusing stories that he’s masterfully staged against the backdrop of the Italian capital. The scenery itself is worth the price of admission but it also makes the trip memorable
        SONY PICTURES  -  469 words
    • ARTS/MUSIC
      • 476 42  -  In the Dans Festival, Shift is a platform for contemporary dance works in The Esplanade’s Studios. The works chosen reflect the vast landscape of contemporary dance that continues to metamorphose. BT previews two productions that shift the audience’s notion of what dance is and can be.
        PHOTOS: THE ESPLANADE  -  476 words
      • 584 42 A SENSE of disorientation was the starting point for The Aomori Project, named after a town on the northernmost tip of Japan. In the Dans Festival, Shift is a platform for contemporary dance works in The Esplanade’s Studios. The works chosen reflect the vast landscape of
        THE ESPLANADE  -  584 words
      • 919 42  -  By CHRISTOPHER LIM SINGAPORE’S digital music scene is slowly but surely heating up, and the two newest online music services to arrive occupy opposite ends of the market, in a testament to the increasingly diverse market here. Deezer, which launched last month, is
        919 words
    • WINE/ARTS
      • 1064 43  -  It’s possible to find half-bottles of fine wine and to age them satisfactorily, says N K YONG ONE expects that many readers of this column have gone to a restaurant either alone or with wife, friend or business associate, for a good meal, just the
        PHOTOS: N K YONG  -  1,064 words
      • 480 43 AP [PARIS] The Louvre Museum is unveiling a new wing and galleries dedicated to the arts of Islam, culminating a nearly 100 million euro (S$160 million), dec-ade-long project coming to fruition amid tensions between the Muslim world and the West. The new dragonflyshaped building marks the
        AP; PHOTOS: AP  -  480 words
    • THE ROAD LESS TRAVELLED
      • 1475 44  -  Gallerist Sundaram Tagore defied early stereotypes about his ‘Asian’ gallery and turned it into an international brand. By HELMI YUSOF SUNDARAM Tagore has been campaigning for the international recognition of non-Western artists long before the world started to take notice of Asian art. When he
        PHOTOS: JOHN HENG (PORTRAIT), SUNDARAM TAGORE GALLERY  -  1,475 words
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    • 307 42 CRYPTIC CROSSWORD Across 1 Insufficiently emphasise how one may be tense? (5,6) 9 One might aid camper that’s collapsed (9) 10 A place to see pigeons in the air (5) 11 Some offer is questionable, being rather suggestive (6) 12 Applaud actor’s role but on reflection, it’s rubbish (8) 13
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    • 146 43 WEI THE FULLERTON HOTEL SINGAPORE A Sale by Vinum Fine Wines 27 th Sep 6 th Oct 2012 Collection originally purchased from the Christie’s Auction entitled “Grands Crus: A Superlative Private Cellar” on 18 th and 19 th September 1997 Highlights 1975 La Mission Haut Brion jero 1969 La Tache
      146 words

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