The Business Times, 4 October 2013

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Total Pages: 44
1 44 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Friday, October 4, 2013
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  • 825 1  -  DBS, HSBC, StanChart said to have submitted bids for the business By SIOW LI SEN lisen@sph.com.sg [SINGAPORE] Asia may have the fastest-growing private bank industry and just about the most millionaires in the world, but it remains a pretty tough place to do
    PHOTO: REUTERS  -  825 words
  • MARKETS DIGEST
    • 65 1 HST INDEX 3,144.79 (-7.79) HST INDEX FUTURES 3,144.00 (-8.00) HSIMSCI 360.02 (-0.44) HSIMSCI FUTURES 359.90 (-0.40) US$ S$ US$ (S$ per US$) 1.250 (US$/S$ per 1.620 2.025 EURO (US$/S$/€ 1.360 1.700 Foreign currency per US$ S$ YEN 97.80 78.30 RM 3.195 2.556 HK$ 7.755 6.203 BAHT 31.26 25.00 RUPIAH
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    • 46 1 Thursday Change KL COMP 1,771.37 +1.02 NIKKEI 225 14,157.25 -13.24 HANG SENG 23,214.40 +229.92 SET INDEX 1,429.18 +20.19 JAKARTA COMP 4,418.65 +31.04 MANILA COMP 6,387.65 +25.39 SEOUL COMP Closed SHENZHEN B Closed MUMBAI IND 19,902.07 +384.92 12noon EDT Change DOW 14,954.35 -178.79 NASDAQ 3,756.35 -58.66
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    • 23 1 SINGAPORE 5.38 MALAYSIA HONG KONG HONG KONG 5.00 INDONESIA 14.696 TAIWAN 5.036 JAPAN CANADA KOREA 9.33 INDIA 0.50 Source: Source: Bloomberg
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  • 795 1  -  By MICHELLE QUAH michquah@sph.com.sg [SINGAPORE] Singapore’s apex court has, for the first time in the country’s legal history, laid out a comprehensive roadmap for class-action suits filed here, detailing in a recent appeal judgment what can and cannot be allowed in order for
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  • Page 1 Advertisements
    • 96 1 PROPERTY China has entered a bear market: analyst PAGE 30 CHILDREN FOR CHILDREN Sharing the joy of giving PAGE 12 COMMENTARY Taking S’pore-UK ties to next level ARTS Comedies in October PAGE 25 PAGE 41 HK’s date with Swiss timepieces EXECUTIVE LIFESTYLE IPAGE 39 BT PROPERTY CLASSIFIEDS BT’s CATS property
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  • TOP STORIES
    • 290 2 Soc-Gen Asia private bank back in play DBS Group, HSBC and Standard Chartered were yet again named as potential buyers of Societe-Generale’s Asian private banking business, first reported to be on the block last month. FRONT PAGE Roadmap for class-action lawsuits SINGAPORE’S apex court has laid out a
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    • 480 2  -  M1 failed to ensure good electrical installation practices while upgrading: IDA By JOYCE HOOI joyceh@sph.com.sg [SINGAPORE] M1, Singapore’s smallest telco, has been slapped with the industry’s largest fine on record in the country’s history $1.5 million for the disruption of its 2G
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    • 1004 2  -  By KALPANA RASHIWALA kalpana@sph.com.sg [SINGAPORE] Activity in the 99-year leasehold bungalow market on Sentosa Cove seems to be thawing from the deep-freeze in July, shortly after the authorities plugged loopholes in late June that some property investors had been using to avoid
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    • 603 2  -  By LEE U-WEN in Bali leeuwen@sph.com.sg TALKS on the Trans-Pacific Partnership (TPP) are deep in the final stretch, with the 12 economies involved in the ambitious free trade pact including Singapore –looking to close the deal by the end
      PHOTO: AFP  -  603 words
    • 929 4  -  Sale committee will not appeal against decision to disallow collective sale By GRACE LEONG gleong@sph.com.sg [SINGAPORE] The regulator of estate agents is studying the High Court’s recent findings involving HSR International Realtors’ role in the failed Thomson View en bloc deal “before
      FILE PHOTO  -  929 words
    • 558 4 WP Reuters [WASHINGTON] The fight over the government shutdown quickly moved on Wednesday to a bigger showdown over raising the nation’s debt ceiling, as the first White House talks to solve the fiscal standoff failed to make any progress. President Barack Obama and business
      WP; Reuters  -  558 words
  • Page 2 Advertisements
    • 132 2 Our Executive MBA program is an undiluted Chicago MBA offered in Chicago, London and Hong Kong CHICAGO I LONDON I HONG KONG As you weigh the merits of Executive MBA programs, use the right benchmarks. Our program may be concentrated to fit the needs of working professionals, but it’s “pure
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    • 309 4 > 5 i u %M% f F r iuj wg',“ »>.■•*• m4 s Jjs- Ujgta! ilU|a» **l !S!»ii »iui JB, will IJSS* ««*»ls« llillliu *W|S! mil Ini'' Mu**. !w»iS^ ls SJ"' lilttlifl Sr'- miR ||g;ri r !B!1*I III' !|l Bllll SBE.lii iuk miiii liiiB iB' ii -BIAS! Bill! IB!'* IB'SS!
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  • COMPANY NEWS
    • 262 6 Bloomberg [HONG KONG] CLSA Ltd’s broker-dealer unit plans off-exchange electronic equity trading systems in South-east Asian countries and hopes its new owner, Citic Securities Co, will help it offer clients access to Chi- nese markets. The firm is examining the Philippines,
      Bloomberg  -  262 words
    • 455 6  -  By KENNETH LIM kenlim@sph.com.sg ANALYSTS are in two minds about Singapore Exchange’s (SGX) latest quarter after September numbers showed a flattish month marked by pen-ny-dominated trading. Securities daily average volume on SGX soared to fivebillion shares in September against 1.8 billion shares
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    • 449 6  -  By SIOW LI SEN lisen@sph.com.sg DBS Bank will be hiring 200 fresh graduates and polytechnic diploma holders as it steps up in-house training to groom staff as part of a strategy to attract and retain talent. The bank aims to recruit
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    • 517 7  -  Share trading halted today pending announcement by company By CAI HAOXIANG haoxiang@sph.com.sg BLUMONT Group yesterday called for a trading halt to be imposed today “pending release of (an) announcement” as shares in the company surrendered more gains yesterday after a U-turn on Wednesday from
      Source: Bloomberg  -  517 words
    • 301 7  -  By CARINE LEE carinel@sph.com.sg THE Monetary Authority of Singapore (MAS) has obtained a default judgement of $100,000 against Ong Beng Hock for false trading and market manipulation. On Dec 29, 2006 and April 26, 2007, Mr Ong executed a total
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    • 281 7 Bloomberg [HONG KONG] HSBC Holdings sees some possibilities for a rebound in Asian bond sales this quarter, as three companies sold debt on Wednesday. The US Federal Reserve’s decision to maintain bond purchases last month “provides some selective opportunities for a pick-up in
      Bloomberg  -  281 words
    • 434 7  -  Former chairman, CFO, underwriters also fined over 2011 KDR listing statement By CAI HAOXIANG haoxiang@sph.com.sg SCANDAL-HIT China Gaoxian Fibre Fabric Holdings might have resumed trading on the Singapore Exchange (SGX) but its past has returned to haunt it. The China-based fabric maker
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    • 481 9  -  Order book strong as shipyard has options on another US$1 b: analysts By MALMINDERJIT SINGH msingh@sph.com.sg CHINESE shipyard Yangzijiang Shipbuilding, having secured 25 new contracts since the start of September, is well on its way to meeting a higher volume of
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    • COMPANY BRIEFS
      • 119 9 CAPITAMALLS Asia and Sime Darby Property yesterday began the construction of their shopping mall on prime commercial land in the Taman Melawati commercial area north-east of the Malaysian capital of Kuala Lumpur. The mall, named Melawati Mall, is set to become a
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      • 132 9 HIAP Hoe Ltd has entered into a memorandum of understanding (MOU) with Probuild Construction (Aust) Pty Ltd to pursue joint-venture opportunities for the group’s recently acquired sites in Pearl River Road and Lonsdale Street in Melbourne, Australia. Hiap Hoe said that
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    • 439 9 O’Connor fund will take long-short tactical trading strategy: sources Bloomberg [HONG KONG] UBS O’Connor, the US$5.2 billion unit of UBS AG, plans to open its first Asia-focused hedge fund to investors later this year, said two people with knowledge of
      Bloomberg  -  439 words
    • 275 9  -  Rawabi Holding to put in US$35m; share options too for Swiber By MALMINDERJIT SINGH msingh@sph.com.sg JUST two days after announcing that it was buying Swiber Offshore Construction (Swiber Offshore)’s 50 per cent stake in Saudi Arabia-based offshore marine services firm Rawabi Swiber Offshore Services
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  • Page 6 Advertisements
    • 490 6 QUALITY. RELIABILITY. REPUTATION. NO 2013 ATA N ID-***** Judy Kueh 2015 DEC EXP A clear signal of credibility, reliability and quality service amongst travel professionals, the NATAS Accreditation framework is set to boost the recognition and reputation of true travel professionals nationwide. So be sure to look for NATAS-accredited staff
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  • Page 7 Advertisements
    • 30 7 The all-new BMW 4 Series Coupe Sheer Driving Pleasure www.bmwasia.com iiMiiiiii 1 h V V f t i Ttlf R w/ DILATED PUPILS. BMW EfficientDynamics Less emissions. More driving pleasure.
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  • SINGAPORE MARKETS
    • 485 8  -  Some traders see US govt shutdown as brief setback; investors could pick up some good bargains STOCKS KENNETH LIM kenlim@sph.com.sg Correspondent SINGAPORE stocks settled just south of flat yesterday, with penny stocks remaining the most active in an otherwise themeless session. The blue
      Source: Bloomberg  -  485 words
    • 72 8 Oct 3 VALUE CLOSE BT OB/OS -573.00-274.00 BT CADI -*****.00 -73.00 BT 10-day MA -*****.00 -57.00 FTSE ST Mid Cap 780.15 -9.57 FTSE ST Small Cap 568.90 -0.76 FTSE ST All Share 777.59 -3.21 FTSE ST China Top 203.47 -0.52 FTSE ST China 232.03 -0.86 FTSE ST
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 6 3 0 0 0 4 6 3 Manufacturing 33 50 47 6 10 10 39 60 57 Commerce 20 20 24 3 9 1 23 29 25 Tpt/Stor/Comms 10 18 13
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    • 123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 186,775 186,775 92,288 92,288 Manufacturing 474,851 134,671 609,522 151,382 6,477 157,859 Commerce 247,036 338,212 585,248 104,637 24,374 129,011 Tpt/Stor/Comms 59,865 26,638 86,503 75,621 11,402 87,022 Finance 81,227 2,448 83,675 162,480 1,138 163,618 Construction 317,196 96,758
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    • 1043 8  -  Compiled by CAI HAOXIANG Yangzijiang Shipbuilding Oct 3 close: S$1.135 Maybank Kim Eng Research, Oct 3 THE recent surge in Baltic Dry Index (BDI) has fuelled rising anticipation for a recovery in the shipping market, and expectations of a return in shipbuilding orders. We do not see a
      Source: Bloomberg  -  1,043 words
    • 112 8 Stock name Close Change CapMallsAsia 1.945 -0.005 CapitaLand 3.080 -0.040 CapitaMall 1.955 -0.020 CityDev 10.250 -0.060 ComfortDelGro 1.940 +0.005 DBS Grp 16.230 +0.090 GLP 2.940 +0.040 Genting SP 1.425 -0.005 Golden Agri 0.525 HK Land 6.530 -0.140 HPH Trust US$ 0.780 -0.005 JMH 53.500 -0.110 JSH
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    • 559 8 CURRENCIES Reuters [SINGAPORE] Asian currencies rose broadly versus the dollar yesterday as the US government’s shutdown dragged on, with the peso getting an added lift after Moody’s upgraded the Philippines to investment grade. Moody’s rating move brings it in line with Fitch Ratings
      Reuters; PHOTO: REUTERS  -  559 words
    • 54 8 VOLUME IPCO Intl 219,008,000 SingHaiyi 210,871,000 Acma Ltd 163,847,000 HanKore 156,298,000 Vallianz Hldgs 139,020,000 GSH Corp 107,099,000 Albedo 100,810,000 YHM 86,489,000 Rowsley 78,142,000 Innopac 65,194,000 VALUE($) PLife REIT 72,063,936 Blumont 63,780,320 UOB 59,335,840 DBS Grp 57,821,677 Keppel Corp 47,298,500 JMH 42,047,695 CapitaLand 35,860,940 SingTel 33,014,700 RH PetroGas
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    • 120 8 BY CENTS CLOSE UP GLD 10US$ ***** 178.8 1.1 Lyxor MS India 10US$ 1255 43.8 2.9 DBXT MSTHAI 10US$ 2031 28.8 1.1 DBXT FTChina25 10US$ 2934 27.5 0.8 H Royal 348 26.0 8.1 RH PetroGas 90 19.5 27.7 IS MS India 100US$ 561 18.8 2.7 DBS Bk 4.7% NCPS
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    • 121 8 BY CENTS CLOSE DOWN IS S&P500 ***** -113.8 -0.5 Jardine C&C 3556 -54.0 -1.5 JSH 3360 -37.5 -0.9 Blumont 202 -37.0 -15.5 Blumont R500 193.5 -31.5 -14.0 Blumont R 200 -28.0 -12.3 DBXT S&P500 10US$ 2783 -26.3 -0.7 UOB 2040 -18.0 -0.9 HK Land 653 -17.5 -2.1 IS ASIA
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    • 5 8 DAILY
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  • Page 9 Advertisements
    • 24 9 The all-new BMW 4 Series Coupe Sheer Driving Pleasure www.bmwasia.com g« 1 m mi sgan FLEXED MUSCLES. BMW EfficientDynamics Less emissions. More driving pleasure.
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  • SINGAPORE NEWS
    • 407 10  -  Organisers happy with initial response from talks with MNCs to SMEs By JASMINE NG jasng@sph.com.sg THE organisers of the 2015 Southeast Asian (SEA) Games to be held here have set their sights on attracting about $50 million in both cash and val-ue-in-kind sponsorships.
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    • 466 10  -  Yet poll shows local respondents feel teachers ‘overpaid’ By JACQUELYN CHEOK jaccheok@sph.com.sg SINGAPOREAN teachers are the highest paid among 21 countries according to a study, earning an average annual salary of US$45,755, ahead of the United States’ US$44,917 an d S ou t h
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    • 448 10  -  By VIVIEN SHIAO vshiao@sph.com.sg HALF of small and medi-um-sized enterprises (SMEs) prefer to hire local workers, but the majority say they face difficulty in hiring them. According to a survey by the Singapore Institute of Management (SIM) that polled 170 SME
      PHOTO: ARTHUR LEE  -  448 words
    • 276 10 And the Franchisor of the Year award goes to MindChamps It sold 20 franchises even before opening of its first premises EDUCATION provider MindChamps has been named Singapore’s Franchisor of the Year for having sold 20 franchises even before it opened its first premises here. The award was given by
      FILE PHOTO  -  276 words
    • 262 10  -  By GRACE LEONG gleong@sph.com.sg THE legal costs and disbursements incurred by the Thomson View Condominium homeowners who had consented to a proposed $590 million en bloc sale is in the six-figure range, BT understands. These costs, from the onset of applications to
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  • Page 10 Advertisements
    • 297 10 50/ Guaranteed /0 Rental Returns* up to 70% Financing on Purchase Price MELBOURNE W WEEKEND LAUNCH SPECIAL (for 2 days only)* ih Fully Paid Legal fees ik 1 st year body corporation fee waived ,4 1 st year council fee waived ■A 1 st year water rates waived ik Finance
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  • Page 11 Advertisements
    • 218 11 K *3t ci m w^ wi r A L A I'' cr !«i G SB W* h ,4. f' $RS®Sa*m m m I* ,r-.tsai i v 3j. ■3Stv j ivyss y r m. im i ill --4 f Kwsf; .4. 0 5?:., pn^ssss; The all-new BMW 4 Series Coupe G
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  • CHILDREN FOR CHILDREN
    • 1372 12  -  Pupils from 64 schools celebrate Children’s Day at Universal Studios, reports FELDA CHAY feldac@sph.com. sg IT was 8am, usually a quiet time for Universal Studios Singapore’s Hollywood Boulevard as the street opens to visitors much later. But yesterday, an exception was made for 1,216 pupils
      PHOTOS: ARTHUR LEE  -  1,372 words
    • 897 12 Michael Tien Chief executive officer and managing director Atlas Sound Vision Pte Ltd ‘Atlas Sound Vision places great emphasis on education and we have dedicated ourselves to imparting valuable knowledge, whether in retail or the arts, to the younger generation. We are truly happy and blessed
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    • 254 12  -  By FELDA CHAY CHILDREN for Children has been held annually since 2008, and to commemorate the journey over the past five years, its three organisers The Arts House, The Business Times and CHIJ (Kellock) have put together a book to capture the happy memories. Called
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    • 265 12 A total of $300,000 was raised from Children for Children 2013. All proceeds, less the cost of organising the outing to Resorts World Sentosa for the 1,216 underprivileged children, will be shared equally between The Business Times Budding Artists Fund and The Straits Times School Pocket Money
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  • MALAYSIA/INDONESIA
    • 500 13  -  Deal will give IOI boost to landbank, access to Sabah By Pauline Ng in Kuala Lumpur IOI CORPORATION has proposed to take over Uni-co-Desa Plantations for slightly over RM1 billion (S$390 million) or RM1.17 cash per share which will increase
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    • 386 13  -  By S JAYASANKARAN in Kuala Lumpur MALAYSIA’S Lower House of Parliament passed the controversial Prevention of Crime (Amendment and Extension) Bill 2013 in the wee hours of yesterday morning, sparking outrage among human right advocates and signalling a more hardline approach to crime-fighting. The
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    • 396 13 He calls for more cooperation with Asean in historymaking speech AP NST [JAKARTA] Chinese President Xi Jinping made history in Indonesia yesterday by becoming the first foreign leader to address the democratic country’s Parliament, using the platform to call for greater cooperation with South-east Asia’s biggest
      AP; NST  -  396 words
  • Page 13 Advertisements
    • 159 13 NOW SHOWING! The FUNNIEST show you are likely to see in your ENTIRE LIFETIME! Montreal Gazette ABA Productions The Reduced Shakespeare Company proudly present THE COMPLETE WORKS OF [£0 Written by Adam Long, Daniel Singer and Jess Winfield 1 TlTJ IT) VJ t U| Additional Material by Reed Martin J/xU
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    • 126 13 Once again, Ascott The Residence has been voted the Best Serviced Residence Brand inAsia Pacific by the readers of BusinessTraveller Asia Pacific.To win this award 10 years in a row is a great honour, and we thank you for your support. Every stay with us matters; even the smallest detail
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  • GREATER CHINA
    • 486 14 Index rises to 55.4 in Sept the highest reading since March from 53.9 in Aug Reuters [BEIJING] Activity in China’s services sector expanded at the fastest pace in six months in September as demand grew, cementing a modest pick-up in the world’s second-largest economy.
      Reuters  -  486 words
    • 630 14 AP [BEIJING] China for years has welcomed the world’s trash, creating a roaring business in recycling and livelihoods for tens of thousands. Now authorities are clamping down on an industry that has helped the rich West dispose of its waste but also added to
      AP  -  630 words
  • Page 14 Advertisements
    • 99 14 A 1,000strong team united by one shared vision The story of people, progress and performance. At Pacific Radiance, the foundation of success is our unmatched blend of experience and passion. Our highly seasoned management team works hand-in-hand with over 180 onshore staff and more than 1,000 crew from all over
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    • 44 14 MOTHER TONGUE WORRIES More Indian parents want children to stay connected to their roots MMI’s Dr Chandroo: is our platform to know the pulse of the Indian community GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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  • Page 15 Advertisements

  • WORLD
    • 676 16  -  Alliance well placed to deal with a range of ‘persistent, emerging threats’ By ANTHONY ROWLEY in Tokyo FOREIGN and defence ministers of the US and Japan agreed yesterday in Tokyo to “significantly upgrade” security and defence cooperation between the two countries in
      PHOTO: AFP  -  676 words
    • 627 16 Reuters [LONDON] Britain’s financial watchdog drew fire yesterday for failing to impose a cap on the huge interest rates imposed by payday lenders as it set out its plan to discipline the industry. The Financial Conduct Authority (FCA) warned that it would
      Reuters  -  627 words
    • 826 17 Unlike forex, tighter rules and large revenues they bring for bourses make progress tough Reuters [LONDON] Efforts to curb the advantage of high frequency traders who use computers churning out numerous transactions at lightning speed face resistance on stock markets, although technology is already
      Reuters  -  826 words
    • 488 17 Reuters [MANILA] The Philippines earned its third invest-ment-grade upgrade in about five months yesterday after Moody’s raised the country’s sovereign debt rating by a notch to Baa3 a widely expected move that will further boost the country’s allure among foreign investors. Moody’s
      Reuters  -  488 words
    • 607 17 Bloomberg [WASHINGTON] Credit card issuers may face new limits on fees and greater disclosure requirements as the US Consumer Financial Protection Bureau (CFPB) pledges more scrutiny after a 2009 law that revamped regulation of the business. “The CARD Act brought better consumer
      Bloomberg; PHOTO: AFP  -  607 words
    • 345 17 Reuters [BRUSSELS] Retail sales in the eurozone rose much more than expected in August, helped by demand for fuel, food, clothes and computers, and were revised up for July as well, in a fresh sign that households could help sustain the bloc’s
      Reuters  -  345 words
    • 624 18 Value of the virtual currency falls after FBI arrests founder of Silk Road WP [WASHINGTON] US federal authorities said on Wednesday they have arrested a San Francisco man accused of running an online marketplace for illegal drugs and other illicit goods. Users of
      WP; PHOTO: AFP  -  624 words
    • 320 18 Reuters [BANGKOK] Thai rice continued to fall, even though the government renewed its scheme to support the market, as demand remained thin and buyers stayed on the sidelines, waiting for prices to hit bottom, traders said yesterday. The price of common grade 5
      Reuters  -  320 words
  • Page 16 Advertisements
    • 199 16 Come celebrate with us! The first 37 readers at each of the following Délifrance outlets today will receive a complimentary fruit tart and a cup of hot coffee/tea or iced lemon tea. To redeem, just present this advertisement. One redemption per reader only CENTRAL Clifford Centre #02-19 Chinatown Point #01-07
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  • Page 17 Advertisements
    • 135 17 OUTBACK AT BLUE POTATO 4-26 OCTOBER 2013 Be delighted by a bounty of Outback-inspired BBQ delights every Friday and Saturday in the month of October Prep your palate with hearty appetisers including Chicken Cobb Salad and Buttered Seasonal Vegetables. Proceed to feast on a bevy of grilled mains featuring Baby
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  • Page 18 Advertisements
    • 679 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SILKLAND INVESTMENT PTE LTD (REGISTRATION No. *****3402M) (Incorporated in Singapore) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 HarbourFront Avenue #18-01 Keppel Bay Tower S(*****2) on the 2 OCT
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    • 1260 18 WATS NOTICES ICP LTD.(Co. Reg. No: *****0234E) (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ICP Ltd. (the “Company”) will be held at Klapsons, The Boutique Hotel, 15 Hoe Chiang Road, Room Eighteen.2 3, Singapore *****6 on
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    • 1295 18 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CHINA KUNDA TECHNOLOGY HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****2727W) NOTICE OF EXTRAORDINARY GENERAL MEETING Unless otherwise specified, words and expressions in capital forms shall have the same meanings as ascribed to them in the Circular to the Shareholders
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  • LUXE TRAVEL
    • 822 19  -  Often overshadowed by its Tasman neighbour’s dining offerings, New Zealand is now making a name for itself as a destination for rich culinary experiences, reports kan kwok leong reports EE BETTER known for wine, rugby and hobbits, New Zealand is often overshadowed by its neighbour
      PHOTOS: MANJA WACHSMUTH; MARTIN BOSLEY’S RESTAURANT  -  822 words
    • 714 20  -  More holiday-makers are picking up luxury travel guides to get the most out of their trips. ERLIANA ZAIDreviews 3 such brands reviews ERLIAI\IA ZAID IN AN age when one can receive information in seconds online, physical travel guidebooks still serve a function.
      PHOTO: LUXE CITY GUIDES  -  714 words
    • 1170 22  -  Curated collections of luxury boutique hotels are attracting discerning travellers, reports erliana zaid FEDOITS ERLIAI\IA ZAID THE search for luxury lodgings on holidays is moving beyond hotel review sites and into a more personalised arena. While ratings and reviews are still popular, curated collections of
      PHOTOS: BRAD MOL, LIGHTFOOT TRAVEL  -  1,170 words
    • 931 23  -  A Philippe Starck-designed villa resort in Bali is the latest to meet the growing travel demand for art and luxury under one roof, reports erliana zaid FGDOITS ERLIAI\IA ZAID LUXURY travel is becoming more indulgent. A growing number of travellers with the ability to splurge are
      PHOTO: JIMMY COHRSSENLLL  -  931 words
  • Page 19 Advertisements
    • 94 19 WELCOME TO SILKAIR'S WORLD. FLY ON THE SILKAIR NETWORK TO 45 DESTINATIONS WITHIN 12 COUNTRIES. SILKAIR The Regional Wing of Singapore Airlines Kathmandu Hyderabad Bangalore Coimbatore Kochi Thiruvananthapuram Chengdu Wuhan Chongqing Changsha Xiamen Shenzhen Kunming Kolkata Visakhapatnam Hanoi Chiang Mai Yangon Da Nan henna Koh Siem Reap Samui Cebu Phnom
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  • Page 20 Advertisements
    • 194 20 i w The colours. The festivities. Experience the celebration that stops a nation. Visit Melbourne this November and be a part of the celebrations and festivities of The Melbourne Cup Carnival 2013 the most vibrant and established horse-racing event in the world that celebrates both the sport and fashion. Dubbed
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    • 153 20 GOLD LUXURY ESCORTED TOURS INSIGHT VACATIONS The v. Art of Touring in S/y/e UNSURPASSED VISTAS “The world is a book and those who do not travel read only one page.” St. Augustine I- P r c s I 4 4 13^ u hi V r J. 4 r rj, ghtvacati
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  • Page 21 Advertisements
    • 807 21 RoyalCaribbean A 0 A r 91 Bor. Y LAJ £m&l m •ilY »a s* es u U i—A r 'U *5 i Best Cruise Operator, Asia TIG award winner, 2008 2013 a?» 15 DECKS OF ADVENTURE. WHAT IT TAKES TO BE ASIA’S LARGEST CRUISE SHIP. Cruise in style and be
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  • Page 22 Advertisements
    • 219 22 Every journey tells a story sM EUROPE USA/CANADA 2014 Open {or Sale EUROPEAN PANORAMAS fr US$1892' EUROPE REGIONAL DISCOVERIES fr US$1799' ttfsntiiijja 4D The Best of Southern England* 6D Britain Sampler 7D Bonnie Scotland 7D Introduction to Ireland 8D Essential Britain Ireland SOUTH/CENTRAL AMERICA fr US$1559* 7D London Paris 8D
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  • Page 23 Advertisements
    • 57 23 ANTARCTICA i Fly direct to Antarctica, enjoy the land of unsurpassed beauty and unlimited horizons; visit to the scientists' research stations that came from all parts of the world. 17 days $20 T 500' $19,500 Dep: 8/12/2014 Note: Limited capacities, please book about 1 year in advance (Tax: $930) UNIVERSAL
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    • 45 23 from Singapore to IPOH, SUBANG &%ANJAN firefly Sf SCO Booking period now until 6 Oct 2013 Oct 2013 Oct2014 Travel period *30 days advance include surcharges and airport taxes. conditions apply. www. fireflyz. com. my +65 6227 3833 Find us on f 1 1 fir
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  • EDITORIAL & OPINION
    • 491 24 EDITORIAL TRUST was the theme of a presentation earlier this week by Prime Minister Lee Hsien Loong. Speaking to public service leaders, Mr Lee stated categorically that a basic trust in the state was essential to the success of major policies that
      491 words
    • 749 24  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group “To the victors belong the spoils.” –Senator William L Marcy of New York, 1786-1857, arguing why victorious political parties deserve government jobs. Americans are, I fear, slowly moving from
      The Washington Post Writers Group  -  749 words
    • 995 24  -  Regional stability will lead to higher production of oil and gas, and new supply channels By G PANICKER The writer was formerly with BT’s foreign desk LAST month, the West was on the brink of yet another Middle East war. The dark prospects
      PHOTO: AP  -  995 words
    • 999 25  -  A closer alliance between their institutions benefits both countries, which have deep historical and trade ties By MADAN MENON The writer is co-head of markets and international banking, Asia-Pacific, RBS SINGAPORE and Britain enjoy a close and meaningful relationship deeply rooted in history
      PHOTO: REUTERS  -  999 words
    • 761 25  -  By IWAN J AZIS The writer is head of Office of Regional Economic Integration, Asian Development Bank THE latest announcement from the US Federal Reserve delaying the start of a slowdown in asset purchases gives Asian markets a bit of a reprieve but
      PHOTO: AFP  -  761 words

  • Page 25 Advertisements
    • 85 25 Notice of Appointment of a Liquidator under Section 204 of the BVI Business Companies Act. TOP APOLLO GLOBAL CAPITAL LIMITED (IN VOLUNTARY LIQUIDATION) Company No. *****39 NOTICE is hereby given pursuant to Section 204, subsection (b) of the BVI Business Companies Act, 2004 that the Company is in voluntary liquidation.
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  • Page 26 Advertisements
    • 100 26 ■K IK —i IK ■K~ *4 1 /ft *4 J 74 L /4I I- > A TRADE-IN PRICE r r» >. SELL YOUR C SGCARMART.COM Over 2 million potential eyeballs for your car monthly 1 Free settlement for car loans, insurance, documentation and ownership transfer New Car Used Car Sell
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  • Page 27 Advertisements
    • 2428 27 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices TIONG WOON CORPORATION HOLDING LTD (Company Registration No. *****5837C) (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of TIONG WOON CORPORATION HOLDING LTD (the “Company”) will be held at No.
      2,428 words
    • 2754 27 m HAI LECK HOLDINGS LIMITED (Company Registration No. *****4461D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hai Leek Holdings Limited (the “Company") will be held at 47 Tuas View Circuit, Singapore *****7 on Tuesday, 22 October
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  • Page 28 Advertisements
    • 2011 28 CHOSEN HOLDINGS LIMITED Company Registration Number: *****4325C (Incorporated in the Republic of Singapore) NOTICE OF THE FIFTEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Fifteenth Annual General Meeting of CHOSEN HOLDINGS LIMITED (the "Company'') will be held on Monday, 28 October 2013, at 17 Woodlands Terrace, Woodlands East
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    • 20 28 0 WAT3 NOTICES Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your s Mergers Acquisitions Notices
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    • 2012 28 M ASL MARINE HOLDINGS LTD. (Incorporated In The Republic Of Singapore) Company Registration No. *****8542N NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirteenth Annual General Meeting of the Company will be held at Jurong Country Club, 9 Science Centre Road, Singapore *****8 on Tuesday, 22 October
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    • 193 28 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF ANNISTON PTE. LTD. (In Members' Voluntary Liquidation) (Co. Reg. No. *****8701D) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Cap. 50)
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    • 131 28 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF PFIZER PARKE DAVIS PTE. LTD. (In Members’ Voluntary Liquidation) Reg No. *****7872H (“the Company”) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting
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    • 946 28 In the Matter of The Companies Act, Cap. 50 and In the Matter of ZARNET SERVICE PTE. LTD. (In Member’s Voluntary Liquidation) (Company Registration No. *****8458K) (“Company”) On 1 October 2013, the Resolutions set out below were duly passed at the Extraordinary General Meeting of the abovenamed Company pursuant to
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  • AVIATION/SHIPPING
    • 554 29  -  Passenger numbers are up but fare war worsens after the entry of Malindo BY. PAULINE NG in Kuala Lumpur PASSENGER growth in Malaysia’s aviation sector has been strong, but this hasn’t carried over into the yields of Malaysia Airlines (MAS) and AirAsia. Call it
      554 words
    • 672 29 Traffic hit by slow economy and rival shipping terminals Bloomberg [NEW DELHI] India plans to cut back expansion of a port that helps Ford Motor and Hyundai Motor ship cars after an economic slowdown and rival facilities dented traffic for the first time in
      Bloomberg  -  672 words
    • 247 29 SGX '000 Oct 3 S$ +/-Vol CH Offshore '000 Chuan Hup Hldg 0.28 -0.01 840 Cosco Corp 0.80 0.01 1257 Vol First Ship Lea 0.09 unch 164 Freight Links 0.11 unch ***** Grand Banks unch unch 0 Jaya Hold Ltd Chuan Hup Hldg K1Ventures...............0.21 unch 250 Keppel Corp
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    • 315 29 Bloomberg [LONDON] The UK aviation regulator yesterday proposed that fees charged by London’s biggest airport over the next five years could rise with inflation, after previously signalling cost increases would be restrained more severely. Heathrow Airport charges would be allowed to increase by as
      Bloomberg  -  315 words
    • 2411 34 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
      2,411 words
  • Page 29 Advertisements
    • 772 29 :*.AT3 NOTICES Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF AVIATION MATERIALS PTE. LTD. (Co. Reg. No. *****9765E) NOTICE OF RESOLUTION FOR MEMBERS’ VOLUNTARY WINDING-UP (Pursuant to Section 290) At the Extraordinary General Meeting of the members of
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  • PROPERTY
    • 382 30  -  Independent analyst Andy Xie predicts that it will last for five years By MINDY TAN tanmindy@sph.com.sg [SINGAPORE] Even as new home prices in Chinese cities continue its upward trend, Andy Xie, an independent analyst and formerly Asia economist for Morgan Stanley, maintained that
      382 words
    • 630 30 NYT [RUTHERFORD, New Jersey] As a city couple searching for a place to put down roots, Jeff Jordan and Sally Librera had made several predictable stops, including San Francisco and New York. But they ended up somewhere totally unexpected. “Neither of us knew anything about Rutherford,” said
      NYT; PHOTO: NYT  -  630 words
    • 1001 32 Eight hotels with about 4,000 rooms are set to open in the Texas capital within the next three years NYT [AUSTIN, Texas] Skittish developers have delayed new hotels across much of the United States until the economy returns to health, and financing does too.
      NYT; PHOTO: NYT  -  1,001 words
  • Page 30 Advertisements
    • 168 30 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D05 HOUSE FOR SALE FABER HILLS Open hse Sun 3-5pm by appt. FH Semi-D Faber Hills. Approx 5800/ 4000 sqft. 2sty, 4 rm. New designer decor. VTO. Near Nan Hua Pri/Clementi MRT D10 HOUSE FOR SALE HOLLAND ROAD VICINITY GCB land approx
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    • 163 30 D11 21 HOUSE FOR SALE THE CHANCERY RESIDENCE The Chancery Residence Cluster House. Rare! Bright, 3477 sqft, 4 rms, 3 ensuites. High ceiling. $3.3M neg. View by appt. Ronnie Ong 9761 8976 D11 21 HOUSE FOR SALE VANDA CRESCENT 8210 sqft. 20M frontage. Freehold Detach Vanda Crescent. Elevated 2 Storey
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    • 160 30 D16 HOUSE FOR SALE SEMI-DETACHED Freehold Corner Semi-D. Approx 2764/4800sf. 6+1 Ensuite. Beautifully done up. Walk to Anglican High/Tanah Merah MRT. Valerie 9763 8887 D16 HOUSE FOR SALE SUNBIRD ROAD F’hold. 2 Storey Corner terr. Land 4833 sf. Big Land, Ideal for Rebuild. Near MRT/ Expo Future Uni. Selling below
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    • 148 30 D20 HOUSE FOR SALE BELGRAVIA VILLAS F’hold Cluster Hse AMK, 118 units 3500-4000 sf Semi-D/ Terrace. Discount from Developer! D23 HOUSE FOR SALE CHUA CHU KANG 3 storey terrace for Sale. Cheapest! $1.68M, 1615 3500 sqft. 200% move-in, 5 bedroom study. Call Ms Tan 9647 7666 D26 HOUSE FOR SALE
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    • 165 30 D01 APARTMENT FOR SALE MARINA BAY SUITES #12-XX 2045 sqft. 4+4+utility, asking $5.98 M. for viewing Contact Owner (Mr Yu) 9868 6335 D02 APARTMENT FOR SALE ONZE TANJONG PAGAR Rare! F’hold high-rise apt. 3 Mins Tg Pagar MRT. 5 mins To MBS. 1+study fr $1.2xM. High Ceiling. Good Investment. Call
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  • Page 31 Advertisements
    • 296 31 D04 APARTMENT FOR SALE THE INTERLACE 2bdrms 808 sf. High flr. face spa valley playhill, quiet. $1.288M. 9009 8038/ 9022 2270 May D05 APARTMENT FOR SALE REGENT PARK Regent Park. 3+1. 1141sqft. Nicely renovated. Mid flr. Pool view. Mins to Clementi MRT/ Mall. Asking $1.3M nett! Bernard Wong 9191 9694
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    • 163 31 D09 APARTMENT FOR SALE THE INFLORA New Launch! The Inflora Most Affordable Condo in the East! 1/2/3/4 bdrm Fr $4xxk-$10XXk Call Now! D09 APARTMENT FOR SALE WATERSCAPE CAVENAGH Freehold. Opposite Istana. Mins to Orchard Road/shopping belt. From $1510 psf onwards. Pls Call 9225 9606 Patrick D10 APARTMENT FOR SALE BOTANIC
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    • 307 31 D12 APARTMENT FOR SALE SUNVILLE Boon Keng MRT. Freehold. 3 bedrooms. Spacious layout. Renovated. Windy. Vacant. Asking $1.3xM. Call Louis 9101 8881 D14 APARTMENT FOR SALE SIMSVILLE 980 sf. 2rms. Seaview. Breezy. Tenanted $3.7k till Oct ’14. View To Offer! 9682 9067 Agnes D15 APARTMENT FOR SALE CASA MERAH 3+1
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    • 163 31 D19 APARTMENT FOR SALE RESIDENCES JANSEN 1615 sqft. 2-Storey Penthouse with roof terrace. Well renovated. Quiet. Near International School and eateries. D19 APARTMENT FOR SALE SUITES KOVAN New listing! Freehold. 3+1+1 Penthouse 1679 sqft. Unblocked. 5 mins MRT, eateries, schs. $1250 psf! D20 APARTMENT FOR SALE SKYVUE Next iconic project,
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    • 171 31 D27 APARTMENT FOR SALE YISHUN EMERALD 3bedrm 1142 sqft. Gound flr lover. Spacious layout, move in cond. Price neg. Serious seller. Hurry! D10 HOUSE FOR RENT ILLOURA Beautiful cluster Semi-D, 4520 sf. 4-bdrm+study. Nestled among Good Class Bungalows. Greenery and amenities. $13.8K neg. Susan 9620 3322 D10 HOUSE FOR RENT
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  • Page 32 Advertisements
    • 165 32 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WATS D15 HOUSE FOR RENT 80B MEYER ROAD Prime location, City. Bunglw. 5+1. Pte pool, carpark. Built-up 6300sf. Avail Immediate. For sale/ rent. Owner 9863 5635/ 9727 2996 D15 HOUSE FOR RENT JALAN TANAH PUTEH 3-storey Semi-d 3498/ 5565 sqft 6+1 Hugh
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    • 142 32 D01 APARTMENT FOR RENT ONE SHENTON One Shenton, 2-room, 1130 sf. High floor. Designer furniture. $6,200. Immediate. Can sell too $2200 psf. 9630 2990 Owner D01 APARTMENT FOR RENT THE SAIL Studio 250 sf. Full Marina/ Bay view #30 up. $4k. F/furn, Near MRT. Immed. 9638 9384 Phillip (ERA) D05
      142 words
    • 137 32 D09 APARTMENT FOR RENT UE SQUARE UE Square. Cold storage, 2rms, 1,119 sf, f/facilities, f/furn, $5K, Clark Quay MRT/ Liang Ct Mall/ Park Ave suites. Owner 8436 8691 D09 APARTMENT FOR RENT VISIONCREST 2 Bedrooms. 950 sqft. Fully furnished/ Renovated. MRT/ Clarke Quay/ shopping belt. Immediate. D10 APARMENT FOR RENT
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    • 144 32 D11 21 APARTMENT FOR RENT GARDENVISTA 3 bdrms study, 1173 sqft. Partially furnished. Near good schools, future MRT and amenities. Available Immediately. Don’t miss! D11 21 APARTMENT FOR RENT SOLEIL SINARAN Soleil, Novena MRT. #26, Unblocked view of MBS. 3 rms 1475 sqft. Private lift. $7,500. Immediate. Please call Ben
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    • 143 32 D01 OFFICE FOR SALE INTERNATIONAL PLAZA 1453 sqft. High floor. MRT at door step. Tenanted $10.8K. Asking $2409 psf. D07 SHOP FOR SALE BUSSORAH Rare!! Full commercial 2 storey conservation shophse Bussorah. Land 1550/ Built up 3000 sf. Near Bugis MRT. Don’t miss!!! Sherry 9735 3597 D08 SHOP FOR SALE
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  • Page 33 Advertisements
    • 1095 33 D06 SHOP FOR RENT STAMFORD COURT Beauty Salon Stamford Ct for takeover. 2500 sf. Reno. 13 beds. Nice frontage, bus-stop, MRT. Heavy human traffic. 9722 7922 D07 SHOP FOR RENT HAJI LANE Rare irresistible! 2-storey shophouse Haji Lane, good location, high traffic, 1050 sqft, $10.5K. Suits lifestyle business. Owner 9450
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    • 135 33 FOREIGN PROPERTY FOR SALE CAMBODIA Rare Chance! Own a property beside an Int’l Theme Pk. Studio fr USD8000 nett. Free site trip to Cambodia. Call 9155 5588 Orchard Tower Office FOREIGN PROPERTY FOR SALE HORIZON HILLS IN MALAYSIA Horizon Hills, Iskandar, superlink corner lot, 3151sqft. Spacious serene. For sale or
      135 words

  • Page 34 Advertisements
    • 43 34 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES Shipping Times
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    • 18 34 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
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  • Page 35 Advertisements
    • 73 35 mporters coking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II THE OFFSHORE OIL GAS SPECIAL SUPPLEMENT IS NOW NLINE If you missed our recent superb editorial and industry highlights in The Business Times, log on to http://events.stclassified.sg/bt-offshoreoilandgas/ to
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    • 18 35 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
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  • SINGAPORE STOCKS
    • 3224 36 Transaction date: Oct 3 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company 20 3.1 A-Sonic --AAT Vol Day Last Quote ('000) High Low Buyer Seller Div Gr Yld 11.5 7 AEM
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    • 252 37 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last 2.4 1.3 t Advanced System 1.5 unch 4219 1.5 1.5 1.5 1.6 23.8 Last Quote Div Gr Yld Net M Cap High Low
      252 words
    • 11191 37 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FuncTCI A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.16/ Aberdeen Asset Mgt Asia Limited Global Emerging Markets!** Asian Smaller tos!** *****/ 1 9253/ EM Local Ccy Bond 0.9161/ European Opportunities!" 1.2557/ Global Emerging Markets!" 1.861/
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    • 262 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 $mil 61 27 AVJennings A56 unch 6 56 56 57 59 3.6 6.3 4.5 207.3 52 31 Genting HK US$ US44 +2 ***** 44 41.5 43.5 44 2897.2
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    • 844 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 $mil Company 143 125 CIMB APAC Div 100S$D 129.4 129 129.9 114.4 99.2 CIMB APAC Div 100US$ US104 103.6 104 10.9 1510 1192 CIMBASEAN40 100S$D 1310 1312
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  • FINANCE & COMMODITIES
    • 607 38 Oct 3 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.11 *****.89 *****.31 Dec13 *****.00 *****.00 *****.00 *****.00 *****3 *****7 Mar14 *****.00 *****.00 *****.00 *****.00 30 307 MSCI TAIWAN INDEX FUTURES SPOT 289.49 295.81 289.49 Oct13 288.50 296.30 287.50 295.90 ***** *****7 Nov13 295.40
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    • 373 38 In local curr In S$ In US$ dy yr dy yr dy yr Oct 2 Index Change Change Change Change Change Change World Preliminary 1097.4 -0.5 17.0 -0.6 18.3 -0.4 15.6 EAFE Preliminary 899.8 -0.7 16.2 -0.5 16.2 -0.3 13.6 Europe Preliminary 1284.2 -0.5 11.9
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    • 471 38 Oct 3 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.969 5.741 0.690 7.273 58.039 108.228 0.918 10.077 2.996 1.128 99.281 40.403 1.172 9.439 0.846 27.686 29.313 0.579 0.938 Canada 1.032 5.925
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    • 48 38 Oct 3 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 1 mth 2 mths 2 mths 9 mths 0.***** 12 mths 0.***** Source: Thomson Reuters
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    • 88 38 Oct 3 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 04-Apr-14 0.28 1-Year BY*****H 02-May-14 0.29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.88 101.96 101.77 5-Year N*****0T 0.5 01-Apr-18 98.44 98.60 98.60
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    • 135 38 Oct 3 GOLD(US$/oz) Oct 02 Oct 03 Hong Kong 1294.00 1317.00 Oct 01 Oct 02 London 1289.83 1317.79 1290.65 1319.01 Source: Thomson Reuters CAST BAR Oct 03 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 118 53 5gm 336 263 10gm 601 526
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    • 59 38 Oct 3 Oct 3 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 13 2340.0 2355.0 2360.0 2339.0 408 3665 Nov 13 2299.0 2316.0 2313.0 2287.0 1791 ***** Dec 13 2293.0 2311.0 2310.0 2285.0 ***** ***** Jan 14
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    • 155 38 Oct 3 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1723 1.1725 0.9378 0.9379 Canadian dollar 1.2095 1.2103 0.9681 0.9676 Euro 1.6996 1.7001 1.3597 1.3600 NZ dollar 1.0385 1.0393 0.8308 0.8314 Sterling pound 2.0244 2.0250 1.6195 1.6199
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    • 121 38 As at 9am Oct 03 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.197 1.140 Can dollar 1.231 1.184 Euro 1.735 1.653 Sterling pound 2.063 1.984 NZ dollar 1.060 1.020 US dollar 1.273 1.213 Local dollars to 100 units of foreign
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    • 156 38 Oct 3 Oct 3 $S Offer Bid 0vernight 0.20 0.10 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.10 US$ Offer Bid 7 days 0.20 0.10 1 month 0.26 0.16 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.50 0.30 9 months 0.60
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    • 109 38 Oct 2 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 13 1273.75 1268.00 1282.00 1263.75 Jan 14 1275.75 1270.00 1283.50 1266.00 Mar 14 1257.50 1253.00 1262.75 1247.75 May 14 1239.00 1233.75 1243.00 1228.75 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 13
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    • 95 38 Oct 2 COCOA (£/tonne) Close Prev High Low Dec 13 1687 1691 1693 1679 Mar 14 1668 1672 1672 1660 May 14 1658 1660 1663 1651 Jul 14 1649 1650 1652 1642 COFFEE(US$/tonne) Close Prev High Low Nov 13 1669 1636 1679 1640 Jan 14 1662 1643 1670 1643
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    • 1117 38 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 28.5 -7.5 471 0.0 5 -86 57 Asia-Pacific Strategic W*****6 0.4 1 123 253 87.50 7 Acma Ltd W*****7 1.1 unch ***** 1 4 55 3.00 33 Albedo
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    • 70 38 CRUDE OIL PRODUCTS Oct 02 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.03 1.90 WTI (Near Mth) 101.75 unch Dubai (1-Mth F) 103.42 unch Tapis blend 116.09 -0.13 Minas 107.09 -0.13 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 97.25 unch Jet Kerosene 120.86 unch US$/barrel OpecOil Basket
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    • 22 38 Oct 3 S$ Bid Offer 1-month 1.2500 1.2501 2-months 1.2499 1.2500 3-months 1.2499 1.2500 6-months 1.2495 1.2496 Source: OCBC
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    • 65 38 Oct-02 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1779.00 1779.00 3 months 1827.00 1827.00 Copper, Grade A(US$/tonne) Cash 7174.00 7174.00 3 months 7199.00 7199.00 Lead(US$/tonne) Cash 2037.25 2037.25 3 months 2065.00 2065.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
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  • executive lifestyle
    • 1605 39  -  Despite a shortage of novelties, Watches and Wonders’ impressive debut will continue to spark the region’s interest in haute horlogerie, reports DYLAN TAN reports DYLAN TAN dylantan@sph.com.sg JUST how important is Asia to the makers of high-end Swiss watches? Enough for the Fondation de la
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    • ENTERTAINMENT
      • 816 40  -  It’s a flashy, Br0adway—1ike musical but with strong Asian roots, MUSICAL reports GEOFFREY EU SHOWBIZ runs through Michael La Fleur’s veins, so it’s no surprise that the Las Vegas resident, a director and creative force behind a long list of live
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      • CINEMA
        • 547 40  -  By DYLAN TAN dylantan@sph.com.sg IT’S almost ironic that The Pang Brothers’ new film Out of Inferno is a disaster movie because that’s also quite an apt description for the 3D fire-fighting drama. The twins have struggled to find another hit after shooting
          547 words
        • 449 40  -  By GEOFFREY EU STANDARD-ISSUE horror movies tend to offer an assortment of scare tactics that are all too familiar to fans of the genre who are only too willing to allow themselves to be scared silly anyway. This is the fate that awaits anyone who ventures into
          PHOTO: AP  -  449 words
        • 477 40  -  By DYLAN TAN dylantan@sph.com.sg GIVEN the volatile nature of the music business now, it’s no wonder a heavy metal titan like Metallica isn’t resting on its laurels while it takes time off the road to head back into the studio. Hence this timely
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    • ARTS
      • 677 41  -  Beloved comedy about Malaysia’s nuclear ambitions set to crack audiences up again, reports HELMI YUSOF STAGE COMEDIES IN OCTOBER reports HELMI YUSOF helmi@sph.com.sg I T MAY have already been staged in 2001 and again in 2003. But the acclaimed comedy Atomic Jaya has proven so wildly popular with
        677 words
      • 588 41  -  By HELMI YUSOF helmi@sph.com.sg FEW Shakespearean plays trouble women more than The Taming of the Shrew. Despite it being a screwball comedy, it ends with the strong and independent Kate the titular “shrew” being starved and bullied into complete submission to her misogynistic husband Petruchio. Which
        588 words
      • 573 41  -  By RACHEL LOI rachloi@sph.com.sg WHEN a friend approached him last year to take over a play she was supposed to direct, theatre educator Sazali Othman jumped at the chance to take to a professional stage again. After all, he had been out of the
        573 words
      • 521 41  -  DANCE By CHEAH UI-HOON uihoon@sph.com.sg PUT some locusts in a white shoebox, light it up nicely around the perimeter, and you might have something like Arts Fission’s The Locust Wrath, a site-specific dance at Artspace@HeluTrans Gallery. The dance piece was imagined as a
        521 words
      • 527 42  -  Every major art collector in the world, including 42 Singaporeans, is included in Larry’s List, reports HELMI YUSOF reports HELMI YUSOF helmi@sph.com.sg ART collectors like artists range from the attention-seeking to the intensely private. But a new public database of the world’s top collectors
        PHOTO: REUTERS  -  527 words
      • 657 42  - Judge her on her art, not her age of 91 By CHEAH UI-HOON uihoon@sph.com.sg WHEN presented with the opportunity to interview 91-year-old British artist Doris Malcomson, one wonders what to focus on. Her age, or her art? Art, of course, one can imagine her muttering under her breath, with a
        PHOTO: YEN MENG JIIN  -  657 words
      • 527 42  -  B)’. HELMI YUSOF helmi@sph.com.sg STEP into the third floor of Hermes in Liat Towers and you’d be momentarily floored by what you see: the whole place has been converted into what looks like a huge plastic bag. The walls and floors have been covered
        527 words
      • 485 42  -  By CHEAH UI-HOON uihoon@sph.com.sg IF you like the botanical drawings of the Victorian era, then William Sim will delight you with his contemporary and quirky take on Singapore’s fauna. “They’re really just the ordinary, everyday plants that you don’t even
        485 words
    • PURSUITS
      • 950 43  -  Tom Clancy brought such realism to his books that a military official suspected he had access to classified material, says SANDY COHEN BOOKS SANDY COHEN AP [LOS ANGELES] WITH CIA analyst Jack Ryan, Tom Clancy created a character that spoke to audiences from both page
        AP; PHOTOS: AP  -  950 words
      • 352 43  -  DINING By RACHEL LOI rachloi@sph.com.sg WHO says giving to charity must involve signing a huge cheque or collecting newspapers from around an HDB estate? In the case of the Make-A-Wish Foundation®Singapore’s Wish Dish campaign, charity can be done just by dining at
        352 words
      • Around Town
        • Article, Illustration
          199 43 The Face of Facebook: When the face of Mark Zuckerberg, the co-founder and CEO of Facebook, was published in The New Yorker magazine in 2010, Bei-jing-based artist Zhu Jia sent a scan of it to over 50 of his friends, which included other artists. He invited them to come
          199 words
        • 148 43 The Story of Kong Ngee: Cantonese film takes centre stage at the National Museum next week, with a series of 15 iconic films, in an event titled The Story of Kong Ngee. These films were made in the 1950s and 1960s, by the Kong Ngee Film Company, which was
          148 words
        • 191 43 The 3rd Singapore Lieder Festival: To mark the 50th anniversary of the death of French composer Francis Poulenc, this year’s 3rd Singapore Lieder Festival will showcase about 160 of his songs over a period of seven days. The songs are divided into categories based on when they were composed
          191 words
        • 164 43 The Mousetrap by Agatha Christie: If you’re a fan of Agatha Christie and her mystery novels, then you might want to catch her most famous play, The Mousetrap, at the Raffles Hotel’s Jubilee Hall this coming week. The Mousetrap is also the West End’s longest running play, having first
          164 words
        • Article, Illustration
          159 43 New and Dear Objects: New Horizon of Contemporary Korean Art: Have a taste of contemporary Korean art at the 7Adam Gallery Restaurant’s latest exhibition, New and Dear Objects: New Horizon of Contemporary Korean Art. The seven Korean artists participating in this exhibition have created a total of 29 works
          159 words
        • 184 43  -  Compiled by RACHEL LOI rachloi@sph.com.sg Singapore Jewellery Gem Fair: Stop by Marina Bay Sands next weekend and check out the very first Singapore Jewellery Gem Fair, with more than 270 exhibitors from over different countries, and over $120 million worth of antique pieces. The largest gem on display at
          184 words




  • Page 43 Miscellaneous
    • 320 43 CRYPTIC CROSSWORD Across 1 Get bogged down after loot taken by half of German general staff? (7,5) 9 Canine hero runs in adventure cartoon (3,3,3) 10 Sea-dog died dissolute (5) 11 Brownies team tucking into food (6) 12 Neckwear used by top gangster (8) 13 Old tennis champ in posh
      320 words

  • Page 44 Advertisements
    • 126 44 L K r <7 A A f m TRAVEL AWARDS 2013 24th TTG Travel Awards 2013 BEST REGIONAL HOTEL CHAIN NOT ONCE BUT upvoe Park Hotel Group is honoured to be awarded Best Regional Hotel Chain (2012-2013) for two consecutive years. This is an affirmation of our efforts, but we
      126 words