The Business Times, 15 January 2014

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL32957
Total Pages: 34
1 34 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    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 Wednesday, January 15, 2014G
    25 words
  • Article, Illustration
    Lock icon Higher wealth taxes may be on the cards
    1120 1  -  Moves to boost govt revenues seen as spending rises amid rapidly ageing population BUDGET 2014 By TEH SHI NING tshining@sph.com.sg [SINGAPORE] Moves to secure future revenue streams may be put in place in the upcoming Budget, as public spending rises with a
    1,120 words
  • Article, Illustration
    Lock icon Foreign worker crunch: upside unveiled
    491 1  -  Poll shows more locals hired, more workers ‘upskilled’ By LEE U-WEN leeuwen@sph.com.sg [SINGAPORE] The further tightening of foreign worker inflows in Singapore last year may have resulted in some firms downsizing and others relocating elsewhere, but the policy changes did produce some positives too. A
    Source: Singapore Business Federation  -  491 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      128 1 COMMENTARY Role of trade in poverty reduction PAGE 23 LAND TRANSPORT New Corolla Altis changes with tastes PAGE 26 COMPANIES Looking for a place to park $63m cash PAGE 10 EXEC MONEY A ‘home bias’ can work against investors PAGE 32 I Act quickly to raise productivity, SMEs urged I
      128 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      350 2 Higher wealth taxes on the cards? MOVES to secure future revenue streams may be put in place this upcoming Budget, as Singapore’s spending needs rise with an ageing population. FRONT PAGE Survey shows firms hiring more locals THE tightening of foreign worker inflows in Singapore may have resulted
      350 words
    • Article
      Lock icon Airlines cutting back on Bangkok flights
      750 2  -  Some carriers giving refunds and waiving fee for flight rescheduling By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] Tourist arrivals in Bangkok could be hit hard this month if the political stalemate in Thailand drags out, and some airlines are scaling back capacity in the face of
      750 words
    • Article, Illustration
      Lock icon Suntory’s bid for Beam seen as daring, risky bet
      552 2  -  By ANTHONY ROWLEY in Tokyo The US$16 billion bid by Japanese beverage group Suntory Holdings for United States distiller Beam Inc, maker of classic American bourbon brands Jim Beam and Maker’s Mark, is being seen as a “daring” move prompted by
      PHOTO: AFP  -  552 words
    • Article, Illustration
      Lock icon Japan current account deficit sharply widens
      562 2  -  By ANTHONY ROWLEY in Tokyo JAPAN suffered its biggest ever current account deficit last November, leading economic and fiscal affairs minister Akira Amari to warn yesterday that the country’s standing as a major trading nation could be damaged if such deficits persist. Economists voiced
      562 words
    • MARKETS DIGEST
      • Article
        Lock icon FOREX
        65 2 HST INDEX 3,123.75 (-11.74) HST INDEX FUTURES 3,123.00 (-12.00) HSIMSCI 356.61 (-2.02) HSIMSCI FUTURES 356.00 (-2.00) US$ S$ US$ (S$ per US$) 1.268 (US$/S$ per 1.639 2.078 EURO (US$/S$/€ 1.366 1.732 Foreign currency per US$ S$ YEN 103.40 81.60 RM 3.262 2.572 HK$ 7.754 6.116 BAHT 32.78 25.85 RUPIAH
        65 words
      • Article
        Lock icon MARKETS
        46 2 Tuesday Change KL COMP Closed NIKKEI 225 15,422.40 -489.66 HANG SENG 22,791.28 -97.48 SET INDEX 1,295.87 +12.31 JAKARTA COMP Closed MANILA COMP 5,935.56 -5.11 SEOUL COMP 1,946.07 -2.85 SHENZHEN B 847.70 +10.31 MUMBAI IND 21,032.88 -101.33 11am EST Change DOW 16,318.76 +60.82 NASDAQ 4,156.82 +43.51
        46 words
      • Article
        Lock icon PRIME RATES
        20 2 SINGAPORE 5.38 MALAYSIA 6.55 TAIWAN 5.00 INDONESIA KOREA TAIWAN 5.036 US 1.475 KOREA SWITZERLAND BRITAIN 0.50 Source: Bloomberg
        20 words
    • Article, Illustration
      Lock icon Bigger productivity push needed from SMEs
      626 4  -  Ser Luck: 2020 target of 2-3% p.a. productivity growth drawing near BUDGET 2014 By LEE U-WEN leeuwen@sph.com.sg [SINGAPORE] The government hopes that more local companies will ramp up their efforts to boost their productivity, making this call especially to those that have yet to
      626 words
    • Article, Illustration
      Lock icon The subtle messages in the Budget logo
      375 4  -  By TEH SHI NING tshining@sph.com.sg [SINGAPORE] Budget Day may be another five weeks away, but the pre-Budget buzz in Singapore is getting louder. One industry group’s wish list is swiftly followed by another’s; the Big Four tax firms have begun marketing post-Budget seminars
      375 words
    • Article, Illustration
      Lock icon Auditor knew Building Fund was used to buy bonds
      773 4  -  CITY HARVEST TRIAL By michquah@sph.com.sg MICHELLE QUAH By michquah@sph.com.sg [SINGAPORE] Defence counsel N Sreenivasan, who represents City Harvest Church (CHC) deputy senior pastor Tan Ye Peng, tore into the prosecution’s witness yesterday, accusing her of changing his questions, playing games, and
      PHOTOS: WONG KWAI CHOW/THE STRAITS TIMES  -  773 words
    • Article, Illustration
      Lock icon Balancing business and social priorities
      768 4  -  Companies must face up to new reality COMMENTARY WONG WEI KONG weikong@sph.com.sg News Editor [SINGAPORE] BUSINESS groups are busy proffering their wish lists as the upcoming Budget comes into focus. A pertinent question to ask is whether a gap is developing between business expectations and
      768 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      102 2 5 th ANNIVERSARY EVENING SALE Buyer s MODERN AND CONTEMPORARY p rem iumASIAN ART AUCTION FRIDAY 17 JAN 2014 15%- 18% 7:30PM W r i Zhang Daqian (Budding Lotuses) r jri* Xue Song (Prosperity) c iv jpr Affandi (Self-Portrait) Basoeki Abdullah (King of the Forest) -i 'u Guanzhong Forest Tay
      102 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      145 2 THE ONE PLACE FOR ALL YOUR LOGISTICS NEEDS. Cogentl .Logistics Hub at 1 Buroh Crescent has it all, from container depot and warehousing to transportation management. A one-stop hub with an integrated container depot on the roof top that revolutionises your logistics supply chain through the enhancement of productivity and
      145 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      137 3 NARDIN Le Locle Suisse s vVV is '%c H v% 43f n VVw An Ik O s< M ;i *4^v I T A r 'V s :s m u nr f T u I M o *p p r/ p* L >, s I f F 1 s <K \sN>v
      137 words
Page thumbnail Page 4
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      51 5 00 CM N VV1 N \S OYSTER PERPETUAL DATEJUST II THE HOURGLASS TAKASHIMAYA S.C. TEL: 6734 24EO TANG PLAZA. TEL: 6235 7198 ION ORCHARD. TEL: 6509 9282 KNIGHTSBRIDGE. TEL: 6884 8484 ORCHARD CENTRAL. TEL: 6337 8309 RAFFLES HOTEL ARCADE. TEL: 6334 3241 M I LLEN IA WALK. TEL: 6339 4870
      51 words
Page thumbnail Page 6
  • COMPANY NEWS
    • Article
      Lock icon JES Int’l hits pay dirt with mining firm
      651 6  -  Shares up 26% after Mineriver found to have estimated resources of more than US$500b By ANDREA SOH sandrea@sph.com.sg SHARES in Chinese shipbuilder JES International soared 26 per cent yesterday to close at 18 cents, after a Xinjiang mining exploration firm that JES
      651 words
    • Article, Illustration
      Lock icon Select Group eyes overseas forays
      486 6  -  Food service firm also unveils plans for $45m HQ By SHEENA TAN tsheena@sph.com.sg SELECT Group Ltd a Singapore food service provider known formerly as Select Catering Services Ltd has set its sights on expanding into Malaysia, Indonesia, Thailand and China. The Catalist-listed F&B company told
      ST FILE PHOTO  -  486 words
    • Article
      Lock icon SPH Q1 earnings dip 6.6% to $88.8m
      324 6  -  By KENNETH LIM kenlim@sph.com.sg SINGAPORE Press Holdings (SPH) has reported a 6.6 per cent dip in first-quarter net profit, due to a reduced share of property earnings and a slower newspaper and magazine business. SPH, which owns The Business Times posted net profit
      324 words
    • Article, Illustration
      Lock icon New Ningbo stake to cost OCBC 1.8b yuan
      677 9  -  Private placement will raise its holding in China bank to maximum of 20% By ANGELA TAN angelat@sph.com.sg EVEN before its acquisition of Hong Kong’s Wing Hang Bank is sealed, OCBC Bank said yesterday that it would invest 1.8 billion yuan (S$378 million)
      PHOTO: BLOOMBERG  -  677 words
    • Article
      Lock icon Singapore still the most active M&A bidder in S-E Asia: report
      298 9  -  By JAMIE LEE leejamie@sph.com.sg SINGAPORE remained the most active bidder in mergers and acquisitions (M&As) among South-east Asian countries over the course of last year, a Mergermarket report yesterday showed. This comes, however, amid a waning appetite for M&As
      298 words
    • Article
      Lock icon United Enviro, Sound Global unveil China water projects
      328 9  -  By KENNETH LIM kenlim@sph.com.sg THE markets have been flush with China environmental infrastructure deals over the past few weeks. United Envirotech, a membrane-based water treatment specialist, yesterday won a 250 million yuan (S$52.45 million) engineering, procurement and construction project from Bishui Lantian
      328 words
    • Article, Illustration
      Lock icon Looking for a place to park $63m cash
      1048 10  -  Swensen’s franchisee ABR Holdings is still looking for its next big investment Reports by CAI HAOXIANG haoxiang@sph.com.sg ALMOST two years after selling its regional chocolate retail line for a pretty penny, mainboard-listed ABR Holdings, which runs the profitable Swensen’s franchise of ice-cream
      PHOTO: ARTHUR LEE  -  1,048 words
    • Article
      Lock icon A cautionary China tale
      302 10 ABR Holdings’ attempts to make an imprint on the Chinese market reads like a cautionary tale. In the early 2000s, the company obtained the Swensen’s franchise for China and started restaurants in Shenzhen and other cities. But the company ran into problems trying to control their
      302 words
    • Article
      Lock icon MTQ to acquire oilfield equipment group for A$19.3m
      257 10  -  By RAPHAEL LIM raphlim@sph.com.sg OIL equipment specialist MTQ Corp is acquiring Binder Group for A$ 19.3 million (S$21.9 million) to boost its products and services. Binder Group, an Australian company that specialises in pipe supports for the oil and gas industry, operates
      257 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      516 6 The Art Science of Effective Communication Who should attend: Managers, team leaders and other general management professionals, marketing professionals, retail professionals, customer service professionals, business owners, educators, executives and anyone interested in effective communication in and out of the office. FULL-DAY WORKSHOPS Managing Your Customers Managing customers is important for
      516 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      931 7 SINGAPORE PRESS HOLDINGS LIMITED Incorporated in Singapore. Co. Reg. No. *****2868E Unaudited Results for the First Quarter ended November 30, 2013 (Extract) GROUP FINANCIAL HIGHLIGHTS 1Q 2014 $’000 Making ofachangingworld 1Q 2013 $’000 Change Sense Operating revenue 328,475 322,092 2.0 Operating profit 116,873 114,340 2.2 Net income from investments 5,119
      931 words
Page thumbnail Page 8
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Penny stocks hold the fort
      589 8  -  STI suffers fourth consecutive loss on renewed tapering concern amid low market turnover STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent WALL Street’s sharp Monday correction and renewed tapering fears yesterday combined to send the Straits Times Index to a fourth straight loss, down 11.74 points at
      Source: Bloomberg  -  589 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      76 8 Jan 14 VALUE CLOSE BT OB/OS -309.00-137.00 BT CADI -*****.00 -68.00 BT 10-day MA -*****.00 -31.00 FTSE ST Mid Cap 713.50 -4.82 FTSE ST Small Cap 542.46 +0.99 FTSE ST All Share 758.94 -2.91 FTSE ST China Top 200.73 -0.92 FTSE ST China 228.38 -0.46 FTSE ST
      76 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 8 VOLUME JES 229,821,000 KLW Hldgs 181,953,000 NexGenSCom 172,084,000 Albedo 170,741,000 Charisma Energy 148,688,000 Federal Int 123,268,000 Vallianz Hldgs 115,053,000 Memstar 114,275,000 WE Hldgs 113,714,000 CCM Grp 99,377,000 VALUE($) SingTel 73,550,810 OCBC Bk 45,295,430 DBS Grp 42,873,182 UOB 39,021,685 Wilmar 38,856,420 JES 37,155,616 Golden Agri 32,953,540 Keppel Corp
      57 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 6 3 0 0 0 5 6 3 Manufacturing 36 54 41 5 5 17 41 59 58 Commerce 24 17 18 3 3 3 27 20 21 Tpt/Stor/Comms 6 22 12
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      122 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 18,868 18,868 52,460 52,460 Manufacturing 577,332 227,802 805,134 185,738 9,550 195,288 Commerce 404,473 434,240 838,713 72,496 38,660 111,156 Tpt/Stor/Comms 84,691 3,131 87,822 137,654 351 138,006 Finance 36,924 107 37,031 137,769 26 137,795 Construction 63,502 249,373
      122 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 8 Stock name Close Change CapMallsAsia 1.880 -0.050 CapitaLand 2.930 -0.020 CapitaMall 1.855 -0.010 CityDev 9.500 -0.010 ComfortDelGro 1.985 -0.045 DBS Grp 17.230 -0.020 GLP 2.950 +0.030 Genting SP 1.495 Golden Agri 0.525 -0.005 HK Land 6.240 HPH Trust US$ 0.670 -0.005 JMH 54.490 +0.390 JSH 33.090
      112 words
    • BROKERS’ TAKE
      • Article
        Lock icon OUE
        315 8 Jan 14 close: S$2.45 Phillip Securities Research, Jan 14 OUE Commercial Real Estate Investment Trust’s (OUE C-Reit) investment strategy is to invest in a portfolio of income-producing commercial properties in prime commercial districts within and out of Singapore. The preliminary prospectus has been lodged with the MAS on Jan
        315 words
      • Article
        Lock icon OCBC
        231 8 Jan 14 close: S$9.70 UOB Kay Hian Research, Jan 14 WE agree that OCBC has slightly overpaid for the planned acquisition of Wing Hang Bank (WHB). However, we recognise it is difficult to find an acquisition target, especially one that provides management control. It is possible for OCBC to
        231 words
      • Article
        Lock icon Centurion Corp
        360 8  -  Compiled by KENNETH LIM Jan 14 close: S$0.575 AmFraser Research, Jan 14 INITIATING coverage on Centurion with “buy”, target price at S$0.808. Centurion is one of the largest purpose-built workers dormitory operators in Singapore, with an estimated 12 per cent market share (19,726 beds) of a S$450 million
        360 words
    • Article, Illustration
      Lock icon Yen posts biggest fall in four weeks
      454 8 CURRENCIES Bloomberg [EDINBURGH] The yen fell the most in four weeks against the US dollar yesterday, after a government report showed Japan’s current-account deficit widened to a record in November. Japan’s currency declined against all except one of its 16 major peers as
      Bloomberg; PHOTO: REUTERS  -  454 words
    • Article
      Lock icon RISES
      107 8 BY CENTS CLOSE UP Lyxor Indonesia10US$ 7567 333.4 3.6 DBXT MSTHAI 10US$ 1768 95.1 4.4 Jardine C&C 3758 95.0 2.6 JMH 5449 49.4 0.7 JSH 3309 27.9 0.7 GLD 10US$ ***** 25.4 0.2 DBXT S&P Short 10US$ 2625 20.3 0.6 DBXT FTVietnam 10US$ 2544 13.9 0.4 Lyxor Europe 10
      107 words
    • Article
      Lock icon FALLS
      128 8 BY CENTS CLOSE DOWN DBXT S&P500 10US$ 2998 -53.2 -1.4 DBXT E50 10US$ 5115 -36.8 -0.6 Hyflux 6% CPS 10 ***** -30.0 -0.3 UOB 2076 -23.0 -1.1 Lyxor Nasdaq100 10US 1415 -19.0 -1.0 DBXT MSINDO 10us$ 1198 -15.2 -1.0 Keppel Corp 1086 -12.0 -1.1 B Sembawang 595 -11.0 -1.8
      128 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      147 9 Empowering the elite professional of tomorrow’s world. Our suite of professional programmes: Executive Development and Growth for Excellence (EDGE WSQ) Leadership and People Management (LPM WSQ) Business Management (BM WSQ) Business Management Financial Management (BM FM WSQ) KAPLAN IS #1 PRIVATE EDUCATION INSTITUTION' IN SINGAPORE (OVERALL) for the 2 nd
      147 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      147 9 SMU Juris Doctor Programme A Strong Case For Aspiring Lawyers SMU is the only Singapore university to offer the Juris Doctor (J.D.) Programme a graduate programme that leads to a first degree in law. It is open to persons with an undergraduate degree in any discipline or a degree in
      147 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      28 10 JANUARYISSUE OUTNOW! WEARENO.1* andwewantyoutoshareourjoy! Enjoy30%OFFwhen you subscribe to the print edition now! Visitwww.hardwaremag.com *No.1 Consumer Electronics Magazine of the Year Magazine of the Year 2013 rankings, Lighthouse Research.
      28 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 2
      60 10 16 18 July 2014 Marina Bay Sands, Singapore ASIA www.OfficExpoAsia.com Next-Generation Workscape v Next-Gen Workforce Next-Gen Workplace y b m mj Next-Gen Technology Join hands with us, together we shape the next-gen workscape. To exhibit, contact: BIZLINK Exhibition Services Pte Ltd A SUBSIDIARY OF Tel: (65) 6848 5938 Email: OEA@bizlink.com.sg
      60 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 3
      9 10 r fl5 35*- i i- > <M ■I Ms Inc
      9 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 4
      65 10 Into its 11thedition Participate In Singapore’s MEGA FOOD Participate In BEVERAGE FAIR SUNTEC Singapore Halls 401-403 27th Feb 2nd Mar 2014 Book Now *Limited Booths Available! *****620 or Email: sales@exhibitsinc.com.sg Organised By: (ORGANISER OF IT SHOW, FOOD BEVERAGE FAIR, COMEX, WORLD FOOD FAIR AND CONSUMER ELECTRONICS EXHIBITION) BLOCK 8, LORONG
      65 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      660 11 INITIAL PUBLIC OFFERING KIM HENG OFFSHORE MARINE HOLDINGS LIMITED An Established Integrated Offshore Marine Value Chain Services Provider ~\r; i* A V J wa I M L KmM SIC^ ■ms S'J 1 Subscribe Now! IPO closes on 20 January 2014 (Monday) at 12:00 noon K KIM HENG KIM HENG _._J
      660 words
Page thumbnail Page 12
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon UOL makes top bid of $648 psf ppr for Bartley site
      665 12  -  It sees strong demand from Paya Lebar, Serangoon, Hougang areas By KALPANA RASHIWALA kalpana@sph.com.sg THE first state tender this year for a private housing site may reflect a divergence in views among property developers amid an uncertain market outlook.
      665 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon SAC reports results of first S’pore QP exams
        77 12 THE first Singapore Qualification Programme examinations saw pass rates of 52 per cent for the financial reporting (FR) module and 90 per cent for the assurance (AS) module, according to the Singapore Accountancy Commission. A total of 162 candidates sat the December
        77 words
      • Article
        Lock icon KPMG centre to train cyber security execs
        57 12 KPMG has launched a Cyber Security Centre to help companies train their professionals and upgrade their cyber defence capabilities. Set up with the support of the Infocomm Development Authority of Singapore and Singapore Polytechnic, the centre is launching its first initiative, a six-month
        57 words
      • Article
        Lock icon Public hearing on Little India riot from Feb 19
        86 12 A PUBLIC hearing for the Committee of Inquiry (COI) on the Little India Riot will start on Feb 19 at 10am at the Subordinate Courts and continue on working days until further notice. People who wish to make representations at the
        86 words
    • Article, Illustration
      Lock icon BioMers takes world’s first clear braces to HK
      324 12  -  By JACQUELYN CHEOK jaccheok@sph.com.sg B I OM E R S a Si n g a pore-based medical startup and inventor of the world’s first completely clear dental braces, has partnered China Pioneer Pharma Holdings to take its flagship product to Hong Kong.
      324 words
    • Article
      Lock icon Singapore not facing credit bubble: MAS
      336 12  -  By KENNETH LIM kenlim@sph.com.sg SINGAPORE is not facing a credit bubble because its property market is stabilising, household balance sheets are strong and the financial system is robust, the Monetary Authority of Singapore (MAS) said yesterday in response to a critical article in Forbes.
      336 words
    • Article
      Lock icon Higher incomes to boost Asean retailers’ earnings
      425 12  -  But sales will rise at slower pace than in 2013: report By NISHA RAMCHANDANI nishar@sph.com.sg RETAILERS in South-east Asia are expected to post positive growth this year but sales will rise at a slower pace than last year, according to a new report.
      425 words
    • Article, Illustration
      Lock icon RED KNOT AT PARAGON
      120 12 AN abstract sculpture by Parisian contemporary artist Jean-Michel Othoniel was unveiled at Paragon shopping mall yesterday by the artist himself and SPH chairman Lee Boon Yang (above). Named ‘Noeud Rouge’ (Red Knot), it is one of the most beautiful examples of Mr Othoniel’s abstract works. It
      ARTHUR LEE  -  120 words
    • Article
      Lock icon Itemised payslips good, but not enough: TWC2
      346 12  -  By KENNETH LIM kenlim@sph.com.sg ITEMISED payslips are an essential tool in combating salary abuse against migrant workers but will not be enough, says Transient Workers Count Too (TWC2). Rules that create audit trails and that reduce an employer’s leverage over a work permit
      346 words
    • Article, Illustration
      Lock icon China, US must play dynamic global role
      1693 13 A Special Feature Brought to You By Singapore Management University SMU Prof says China, US need to focus on common global problems, not power competition THE rapid rise of China in the last two decades had given rise to talk that eventually, it
      1,693 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      34 12 ti-h'] $1.6 MILLION Estimated Draw on Thu, 16 Jan 2014 at 6.30pm For details, visit www.singaporepools.com.sg P L A V& Always play with care. responsibly] Do not bet illegally. RGB Reg No: *****0202G m
      34 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      162 13 govemnent civil society business School of Social Sciences SMU Master of Tri-Sector Collaboration CREATING THOUGHT LEADERS TO BRIDGE BUSINESS, GOVERNMENT AND CIVIL SOCIETY. The new Singapore Management University Master of Tri-Sector Collaboration empowers emerging leaders from businesses, governments and civil society to work together to develop sustainable solutions to the
      162 words
Page thumbnail Page 14
  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Expect humdrum H1 for KL property market: report
      596 14 Industry body chief says curbs have put rampant speculation to a stop [PETALING JAYA] The property market might need at least two years to digest and recover from the various cooling measures that came into effect this month, but expect it to
      PHOTO: BLOOMBERG  -  596 words
    • Article
      Lock icon Vale Indonesia unlikely to use other miners’ ore
      552 14 Its nickel ore mining concession areas may be cut if it does Reuters [JAKARTA] PT Vale Indonesia may see the size of its mining concession areas cut if it uses nickel ore from smaller domestic miners at its smelters, the chief executive
      Reuters  -  552 words
    • Article
      Lock icon Tanjung Langsat Port could get 7 new investors
      439 14 [PASIR GUDANG] Johor Corp Bhd expects to attract up to seven new regional and international investors to its Tanjung Langsat Port upon the completion of two new berths. Its unit, Tanjung Langsat Port Sdn Bhd (TLP), is in talks with the potential
      439 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      260 14 Wine, VU b'pcMbvti dish cdkedjs uHith cuudraised pr&duce. Julien Royer, Chef de Cuisinyf ARTISANAL CUISINE, A WAY OF LIFE Celebrate the decadent flavours of Winter with a new seasonal menu. IAAN was ranked 22 nd and awarded the "One to Watch by S. Pellegrino's Asia's 50 Best Restaurants 2013. Appointed
      260 words
Page thumbnail Page 15
  • GREATER CHINA/INDIA
    • Article
      Lock icon Resumption of Chinese IPOs hampered by tight liquidity
      686 15 Stock market unlikely to rally unless new money flows in: analysts Reuters [SHANGHAI] The China Securities Regulatory Commission (CSRC) desperately wants the resumption of initial public offerings to inspire investors to return to the long ailing stock market. Unfortunately, that goal stands
      Reuters  -  686 words
    • Article
      Lock icon Delhi’s provincial govt pulls the plug on foreign stores in capital
      362 15 Reversal of policy seen further hurting investor sentiment Reu ters [NEW DELHI] The newly elected provincial government in India’s national capital barred foreign supermarkets from setting up shop, a blow to Prime Minister Manmohan Singh’s efforts to attract overseas
      Reuters  -  362 words
    • Article
      Lock icon India’s Dec retail inflation down to three-month low
      295 15 Reuters [NEW DELHI] India’s retail inflation in December eased to a three-month low as vegetable prices fell, giving some relief to policymakers struggling to contain price pressures as growth hovers at a decade-low. Retail prices rose an annual 9.87 per cent last
      Reuters  -  295 words
    • Article, Illustration
      Lock icon Fiscal audit plays crucial role in China reforms
      452 15  -  By SC YEUNG EJ Insight [HONG KONG] As China pursues its economic reforms, the need to closely monitor the use of public funds cannot be over-em-phasised. Government programmes aimed at raising the people’s living standards will not succeed if the billions of
      EJ Insight; PHOTO: REUTERS  -  452 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      208 15 V Iff* '■V^\ •%WhE GOLDEN GALLOP Lunar New Year Celebrations at Hilton Singapore A golden start to the new year breeds fortune, favor and I success, with auspicious celebrations at Hilton Singapore. /SI i i w a S'ly r...... 1 I CHEERS BRASSERIE 30 Jan Checkers Brasserie Reunion buffet dinner
      208 words
Page thumbnail Page 16
  • WORLD
    • Article, Illustration
      Lock icon Tight credit puts strain on Spain’s recovery
      705 16 Despite its economy growing 0.1% in Q3, loans to businesses have fallen 8.3% AFP [MADRID] As Spain slowly heals from the depths of the financial crisis, its banks alarmed by multiple bankruptcies and mass unemployment are keeping a tight rein on loans and
      AFP; PHOTO: REUTERS  -  705 words
    • Article
      Lock icon JP Morgan Q4 profit falls 7.3% on legal costs
      335 16 Madoff settlements reduced profit by about US$850m Bloomberg [NEW YORK] JPMorgan Chase Co said that profit fell 7.3 per cent in the fourth quarter after US$2.6 billion in settlements linked to Bernard Madoff’s Ponzi scheme as legal costs ended a threeyear
      Bloomberg  -  335 words
    • Article, Illustration
      Lock icon Bain: Luxury brands must re-invent themselves
      504 16 Bloomberg [PARIS] Luxury-goods makers need to better differentiate their products and the way they sell them or risk being left behind, according to consultant Bain Co. Too often, luxury companies adopt a one-size-fits-all approach to design, distribution and communication when the people who buy
      Bloomberg; PHOTO: BLOOMBERG  -  504 words
    • Article
      Lock icon December consumer spending beats expectations, rising 0.7%
      525 16 LATEST US DATA Reuters [WASHINGTON] A gauge of US consumer spending rose more than expected in December, suggesting the economy gathered steam at the end of last year and was poised for stronger growth in 2014. The Commerce Department yesterday said retail sales
      Reuters  -  525 words
    • Article
      Lock icon Eurozone’s factory output growth in Nov fastest since May 2010
      481 16 Data points to slight acceleration of recovery in Q4 2013 Reuters [BRUSSELS] Eurozone industrial production rose in November at its fastest pace in nearly four years, in an encouraging signal that the bloc’s economic recovery strengthened in the final quarter
      Reuters  -  481 words
    • Article
      Lock icon Bipartisan bill to fund US govt agreed on
      895 18 It sets fiscal year 2014 spending at US$1.012t, in line with budget deal Bloom berg [WASHINGTON] House and Senate appropriators agreed to a US$1.01 trillion bipartisan bill to fund the US government till Sept 30, unveiling the measure days before funding for
      Bloomberg  -  895 words
    • Article
      Lock icon UK streets emptier as shoppers buy online
      222 18 Bloomberg [LONDON] A quest for greater convenience kept Britons away from stores in December as more shoppers chose to order online and collect purchases at their leisure. The number making shopping trips last month fell 2.4 per cent from a year earlier, the
      Bloomberg  -  222 words
    • Article, Illustration
      Lock icon ECB sticks with paper for euro bank notes
      356 18 Reuters [FRANKFURT] Euro banknotes will remain paper, the European Central Bank (ECB) said, choosing to fight counterfeiting with new security measures but resisting a move to plastic money. The ECB also has no plans to do away with the 500 euro notes
      Reuters; PHOTO: REUTERS  -  356 words
    • Article, Illustration
      Lock icon Banks revamp credit trading ops as dealers change tack
      736 18 Debate begins over profitability of flow credit under Basel III IFR [LONDON] Investment banks are continuing to pare their bloated credit trading operations as dealers take wildly divergent approaches to what has become one of the most capital-intensive activities in the
      IFR; PHOTO: REUTERS  -  736 words
    • Article, Illustration
      Lock icon Google buys a toehold into goods for the home with Nest
      916 20 Creating so-called ‘connected home’ is a major goal for the technology industry NYT [SAN FRANCISCO] Google, which dominates much of life on the Internet, has been trying to expand beyond computers and telephones to living rooms, cars and bodies.
      NYT; PHOTO: BLOOMBERG  -  916 words
    • Article
      Lock icon US$61b bid for Time Warner Cable rejected
      620 20 Bloomberg [NEW YORK] Time Warner Cable Inc rejected an acquisition offer from Charter Communications valued at more than US$61 billion including debt, spurning the biggest unsolicited takeover bid since 2008. Time Warner Cable CEO Rob Marcus called the US$132.50-a-share bid a “low-ball offer”
      Bloomberg  -  620 words
    • Article, Illustration
      Lock icon EU to offer ‘minimum’ guidelines for fracking
      653 20 Proposals alarming, disappointing, says Friends of the Earth Bloomberg [BRUSSELS] The European Union (EU) plans “minimum” guidelines for shale fracking, under proposals that may facilitate oil and gas drilling using the contested technique that’s brought the United States towards energy independence, according to
      Bloomberg; PHOTO: AFP  -  653 words
    • Article, Illustration
      Lock icon Nasdaq, S&P eye acquisitions to build index businesses
      698 20 This comes at a time when the sector is seeing explosive growth Reuters [NEW YORK] Exchange operator Nasdaq OMX Group and index provider S&P Dow Jones Indices said they are interested in acquisitions to grow their index businesses, in a sign that
      Reuters  -  698 words
    • Article, Illustration
      Lock icon Samsung slump seen deepening
      794 21 The stock’s most accurate forecaster expects a further drop of 11% Bloom berg [SEOUL] The slump in Samsung Electronics that wiped out US$28 billion of market value in six weeks will deepen as Apple and Chinese rivals take market share in handsets, according to the stock’s
      Bloomberg; PHOTO: AFP  -  794 words
    • Article
      Lock icon Fed said to take steps to limit banks’ activities
      498 21 It aims to curb bank ownership, trading of commodities Bloom berg [WASHINGTON] The Federal Reserve is poised to take a preliminary step towards limiting banks’ activities with commodities amid congressional scrutiny, according to three people briefed on the discussions. The Federal
      Bloomberg  -  498 words
    • Article
      Lock icon Japan-US JV to build LNG plant
      255 21 AFP [TOKYO] Japanese engineering giant JGC Corp said yesterday that it has won a contract to help build a Canadian liquefied natural gas plant in a deal reportedly worth US$9.4 billion. JGC said its joint venture with US-based Fluor Corp was awarded the tender
      AFP  -  255 words
    • Article
      Lock icon ANZ could explore takeover of StanChart: Citigroup
      248 21 Bloomberg [LONDON] Australia New Zealand Banking Group Ltd, the country’s most Asia-focused lender, could explore an acquisition of Standard Chartered Plc, although a combination is unlikely, Citigroup Inc analysts said. “A deal would be possible but unlikely,” Citigroup analysts Craig Williams and Ronit
      Bloomberg  -  248 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      358 17 ft -V. s. m eJt. A r w; 4; ILL 3^ 4' /> 3 &a 'IV ir M if m i i *rm i ,‘Vi U/. tj. ►v.JX'.xy' 4 ,—<sr '>.VJ m SUDJANA KERTON I Sundanese Traditional Wedding I 1988 I Oil on canvas I 87.5 x 72 cm WILLEM
      358 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      62 18 HWM GADGETS Fresh Gear, Great Deais! GADGETS m v: WIN! Parallels WOW! run windows Desktop 9 ON YOUR MAC! for f^ac Download HWM GADGETS onto your iPad for free and stand a chance to win a Parallels Desktop 9 for Mac worth $98! Stay up-to-date on the latest launches in
      62 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 2
      31 18 HOW ARE YOU LIVING THE NEW YEAR? DO ONE RANDOM ACT OF KINDNESS DAILY LOVE MORE TRY SOMETHING NEW EVERYDAY SPEND MORE TIME WITH MUM BE A BETTER LISTENER KISS MORE
      31 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      1641 19 mlJestpac Banking Corporation Westpac Banking Corporation and its controlled entities (All figures quoted in Australian dollars) STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2013 Balance Sheets as at 30 September Consolidated Parent Entity 2013 2012 2013 2012 $M $M $M $M Income statements for the year ended 30
      1,641 words
Page thumbnail Page 20
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      1631 21 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices THE BVI BUSINESS COMPANIES ACT 2004, AS AMENDED WOODLAKE INTERNATIONAL LIMITED (the “Company”) BC No. *****80 (IN VOLUNTARY LIQUIDATION) NOTICE OF LIQUIDATOR’S APPOINTMENT PURSUANT TO SECTION 204(1)(b) OF THE BVI BUSINESS COMPANIES ACT 2004, AS AMENDED Notice is hereby given that in
      1,631 words
Page thumbnail Page 22
  • EDITORIAL & OPINION
    • Article
      Lock icon Bumps ahead for new broking scheme
      485 22 EDITORIAL IT is encouraging to hear that the Singapore Exchange (SGX) Academy, NTUC’s Employment and Employability Institute (e2i) and three local broking houses are launching a new scheme to attract and train professionals who are interested in becoming stockbroking trading representatives (TRs). A scheme
      485 words
    • Article, Illustration
      Lock icon US poverty battle left in costly stalemate
      794 22  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group WE are awash in retrospectives of the War on Poverty, launched 50 years ago this month by Lyndon Johnson. A furious debate has developed between those (mostly liberals) who consider the war an
      The Washington Post Writers Group  -  794 words
    • Article, Illustration
      Lock icon Putting natural capital on companies’ balance sheets
      1022 22  -  It is increasingly necessary for businesses to account for their use of the environment By MARK BILLINGTON The writer is South-east Asia regional director for ICAEW BOTH the phrase and concept “natural capital” are well known in sustainability circles but they do not
      ST FILE PHOTO  -  1,022 words
    • Article, Illustration
      Lock icon Role of international trade in poverty reduction
      895 23  -  The World Bank has a new objective in its efforts to help the poor By MAHMOUD MOHIELDIN The author is the World Bank President’s Special Envoy. Project Syndicate ALONG-HELD tenet of inter-national-trade theory is that, in the long run, increased trade correlates with
      Project Syndicate; PHOTO: AFP  -  895 words
    • Article, Illustration
      Lock icon How China banks are stepping out
      380 23  -  REUTERS BREAKINGVIEWS By JOHN FOLEY CHINA’S banks are racking up foreign assets, driven by trade flows, and the country’s corporate diaspora. Even at the current slow pace, what today looks like “following the client” could soon become “following everyone’s clients”. In 2013, China’s lenders
      Source: Reuters (Company filings)  -  380 words
    • Article, Illustration
      Lock icon Not letting gold take shine from India’s economy
      1165 23  -  By NEETA LAL THE Indian government’s frenzied attempts to thwart gold imports over the past year with blunt policy instruments have not only failed to curb buyers’ appetite, but is threatening to push the trade underground while spurring gold smuggling. Official regulations
      PHOTO: BLOOMBERG  -  1,165 words
Page thumbnail Page 23
Page thumbnail Page 24
  • Transport HUB
    • Article
      Lock icon Forecasts of a modest recovery this year
      881 24  -  But some concerned that oversupply of shipping tonnage could again become a problem STRAIT TALK By DAVID HUGHES TWO well-informed sources have come to broadly the same conclusions about the global shipping industry’s prospects. International accountant and shipping adviser Moore Stephens says in
      881 words
    • Article
      Lock icon Drydocks World to build world’s largest jack-up rig
      348 24 Bloomberg [DUBAI] Drydocks World, the Middle East’s biggest shipyard, agreed to build a US$730 million “mega” oil rig for use in the North Sea as energy producers extend the search for reserves into harder-to-reach and more hostile areas. Drydocks signed an accord
      Bloomberg  -  348 words
    • Article, Illustration
      Lock icon Brazil plans big soyabean export route cutting through Amazon to save time
      681 24 720 km roads and 1,145 km waterways will cut costs by half WP [SAO PAULO] Even with thousands of potholes and major cargo delays, Brazil became the world’s biggest soyabean exporter last year. Now it plans to blaze
      WP; PHOTO: AFP  -  681 words
    • Article
      Lock icon TRANSPORT STOCKS
      250 24 SGX '000 Jan 14 S$ +/-Vol Ch Offshore Chuan Hup Hldg 0.27 0.01 100 Jan 14 Cwt Limited 1.36 unch 14 Ezra Hldgs 1.30 0.03 ***** First Ship Lea unch unch 0 Grand Banks unch unch 0 Jaya Hold Ltd 0.82 0.04 4428 K1Ventures 0.19 unch 400 Keppel
      250 words
    • TRANSPORT HUB: AVIATION
      • Article, Illustration
        Lock icon Airbus leads in orders, Boeing in delivery
        642 25 In 2013, the former’s orders totalled US$225b against the latter’s US$198b NYT [TOULOUSE, France] In their rivalry as the world’s top makers of passenger aircraft, Airbus captured the lead in jets ordered last year, but Boeing delivered more planes to customers. A strong
        NYT; PHOTO: BLOOMBERG  -  642 words
      • Article
        Lock icon India mulls lifting ban on A380s
        366 25 Bloomberg [NEW DELHI] India is considering lifting a ban on Airbus SAS 380s from flying into the country, a move that may help Emirates and Deutsche Lufthansa AG to start services with the double-decker plane to the Asian nation. “We’ve been looking at it
        Bloomberg  -  366 words
      • Article
        Lock icon Airbus cancels Kingfisher’s orders
        587 25 Little chance that grounded carrier will resume services Bloomberg [NEW DELHI] Airbus SAS cancelled Kingfisher Airlines Ltd’s order for superjumbos, reducing chances for resumption of services by the grounded Indian carrier. The orders for five A380s and another five A350-800 planes were scrapped by Airbus, John
        Bloomberg  -  587 words
      • Article
        Lock icon Landing incidents raise US regulators concerns
        413 25 Bloomberg [DALLAS] The wrong-airport landing by Southwest Airlines, the second incident in two months by US carriers, is heightening regulators’ concerns that pilots are missing obvious visual and instrument cues while failing to check each other’s work. Lack of monitoring has been identified as
        Bloomberg  -  413 words
      • Article, Illustration
        Lock icon Etihad looks to Americas and China for next investment
        364 25 Bloomberg [FRANKFURT] Etihad Airways, the third-largest Middle Eastern airline, said it’s looking for purchases in the Americas and China to round out its strategy of buying airline stakes that funnel traffic through its Abu Dhabi hub. “We’ll continue to build our
        Bloomberg; PHOTO: BLOOMBERG  -  364 words
    • TRANSPORT HUB: LAND
      • Article, Illustration
        Lock icon New Corolla Altis changes with customer tastes, desires
        486 26  -  The 11th-generation model exudes a more premium feel and sportier styling By SAMUEL EE samuelee@sph.com.sg THE new Toyota Corolla Altis has transformed itself by exuding a more premium feel and sportier styling, all because its customers demanded it. Shinichi Yasui, the Toyota
        486 words
      • Article
        Lock icon GM wins awards, Ford turns heads at Detroit show
        592 26 AFP [DETROIT] General Motors’ Chevrolet unit swept car and truck of the year honours, but Ford’s use of aluminium in its F150 sparked new debate on the first day of the Detroit auto show on Monday. Carmakers paraded their newest models,
        AFP  -  592 words
      • Article
        Lock icon Tata Motors launches new Nano with power steering
        245 26 AFP [MUMBAI] India’s struggling Tata Nano, launched in 2009 as the world’s cheapest car, unveiled a new, pricier variant of the jelly-bean shaped car on Monday featuring pow-er-steering in a bid to boost flagging sales. The latest model, called Nano Twist, targets
        AFP  -  245 words
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      171 24 UJ, NANYANG TECHNOLOGICAL UNIVERSITY Nanyang Business School Learn from industry-leading business faculty with Nanyang Executive Education. Success is within reach with a Nanyang Advanced Management Programme (AMP). 2x2 weeks of intensive industry-specific courses with top institutions in Europe and the US that address the needs of Asian businesses in today’s
      171 words
Page thumbnail Page 25
  • Page 25 Advertisements
  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      312 25 CRYPTIC CROSSWORD Across 1 Mountains of fruit with no end of ouzo (6) 5 Run away after writer gets girl (8) 9 Perfect only price tag on article (4,3,6) 10 Notice ballot includes accountant and lawyer (8) 11 Provides personnel for music bars (6) 12 Student doctor with independent family
      312 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      298 26 4 i. J U4 A. i li s 'i* *f if* il m i i Ce: 2 t II m i--'■■v 9 1 jj’ i 4^1^ w ’n n i IL -J ItJ* 1Z t it I -4* r-- -r K MaZDaS/NaAPORE It's our newest model that's big on space
      298 words
Page thumbnail Page 27
  • Article
    Lock icon Shipping times
    2321 27 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
    2,321 words
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      149 27 Shanghai Chittagong C a il a n E n n o r e J e d d a h B r Ho Chi Minh NYK RORO &Conventional ServiceREGULAR SERVICE TO REGULAR SERVICE TO Persian Gulf, Bengal, Red Sea, Australia, East South Africa, Asia Europe is b a n e H
      149 words
    • Advertisement
      Lock icon Page 27 Advertisements Column 2
      18 27 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping times
      18 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      116 28 mporters coking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? TO ADVERTISE. CALL JOE WONG AT 9620 1327 Announce Your Corporate Development
      116 words
    • Advertisement
      Lock icon Page 28 Advertisements Column 2
      18 28 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
      18 words
Page thumbnail Page 29
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3106 29 Transaction date: Jan 14 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 14.4 11.5 8Telecom Last Sale AAT Vol Day Last Quote ('000) High Low Buyer Seller Div Gr Yld 11.5 7
      3,106 words
    • Article
      Lock icon SGX CATALIST
      263 30 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 37 17.3 t 3Cnergy 500 Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale (‘000) High Low Buyer Seller
      263 words
    • Article
      Lock icon GLOBALQUOTE
      262 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 61 33.4 AVJennings A56 -1 6 56 56 56 58 3.6 6.3 4.5 207.3 52 35.5 Genting HK US$ US43.5 -0.5 3694 44 43 43 43.5 2864.3
      262 words
    • Article
      Lock icon SGX ETF
      896 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 121 108.3 ABF SG Bond ETF 113 9 113 113 112.8 113.5 515.8 143 124 CIMB APAC Div 100S$D 124 123.4 124.3 114.4 98.3 CIMB APAC
      896 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11668 30 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.51/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond 1 8926/ China Opportunities 1 2 7966/ EM Local Ccy Bond *****/ European Opportunities 1 1 3068/ Global Emerging Markets
      11,668 words
Page thumbnail Page 30
Page thumbnail Page 31
  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      728 31 Jan 14 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.20 *****.71 *****.69 Mar14 *****.00 *****.00 *****.00 *****.00 ***** *****5 Jun14 *****.00 *****.00 *****.00 *****.00 8 1845 MSCI TAIWAN INDEX FUTURES SPOT 299.11 299.11 297.42 Jan14 298.70 298.80 296.30 298.20 ***** *****0 Feb14 298.40
      728 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 31 In local curr In S$ In US$ dy yr dy yr dy yr Jan 13 Index Change Change Change Change Change Change World Preliminary 1183.7 0.0 -0.1 0.0 -0.1 0.1 -0.3 EAFE Preliminary 958.9 0.2 0.3 0.1 0.2 0.3 0.0 Europe Preliminary 1365.3 0.4 0.8
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 31 Jan 14 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.983 5.453 0.661 6.999 55.504 108.769 0.934 9.560 2.944 1.076 95.121 40.448 1.144 9.828 0.814 27.188 29.584 0.551 0.903 Canada 1.017 5.547
      471 words
    • Article
      Lock icon SIBOR
      34 31 Jan 14 (US$) (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) (S$) 3 mths ..0.***** 3 mths Source: Thomson Reuters
      34 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 31 Jan 14 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 27-Jun-14 0.31 1-Year BY*****T 31-Oct-14 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.59 101.62 101.60 5-Year N*****0T 0.5 01-Apr-18 97.61 97.85 97.77
      88 words
    • Article
      Lock icon PRECIOUS METALS
      138 31 Jan 14 GOLD(US$/oz) Jan 14 Jan 13 Hong Kong 1257.00 1255.00 Jan 13 Jan 10 London 1250.50 1246.07 1250.70 1246.72 Source: Thomson Reuters CAST BAR Jan 14 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 115 51 5gm 325 254 10gm 581 509
      138 words
    • Article
      Lock icon PALM OIL
      55 31 Jan 13 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 14 2460.0 826 Feb 14 2499.0 2472.0 2509.0 2465.0 2759 ***** Mar 14 2515.0 2493.0 2531.0 2486.0 ***** ***** Apr 14 2524.0 2506.0 2541.0 2500.0 6204 *****
      55 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 31 Jan 14 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1440 1.1448 0.9025 0.9028 Canadian dollar 1.1636 1.1646 0.9184 0.9179 Euro 1.7312 1.7320 1.3657 1.3658 NZ dollar 1.0628 1.0636 0.8384 0.8387 Sterling pound 2.0776 2.0789 1.6390 1.6394
      155 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 31 As at 9am Jan 14 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.170 1.115 Can dollar 1.184 1.139 Euro 1.770 1.686 Sterling pound 2.114 2.033 NZ dollar 1.084 1.043 US dollar 1.291 1.230 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      157 31 Jan 14 $S Offer Bid 0vernight 0.04 0.02 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.03 US$ Offer Bid 7 days 0.20 0.10 1 month 0.26 0.16 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
      157 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1179 31 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 32 -1 29 0.0 5 -87 54 Asia-Pacific Strategic W*****6 Ratio Exer Albedo Limited W*****9 5.5 unch 100 Ascendas Reit MB ECW*****3 Disc Ascendas Reit MB eCW*****1 2.8
      1,179 words
    • Article
      Lock icon CHICAGO BOT
      109 31 Jan 13 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 14 1326.75 1303.75 1327.50 1296.00 Mar 14 1294.25 1278.50 1296.75 1266.50 May 14 1274.25 1260.00 1276.75 1250.00 Jul 14 1260.75 1246.00 1262.75 1237.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jan 14
      109 words
    • Article
      Lock icon LIFFE
      94 31 Jan 13 COCOA (£/tonne) Close Prev High Low Mar 14 1744 1733 1746 1724 May 14 1733 1724 1735 1715 Jul 14 1729 1721 1732 1711 Sep 14 1722 1716 1726 1708 COFFEE(US$/tonne) Close Prev High Low Jan 14 1751 1757 1761 1743 Mar 14 1739 1739 1750 1720
      94 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 31 CRUDE OIL PRODUCTS Jan 13 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 106.55 0.77 WTI (Near Mth) 91.63 -1.15 Dubai (1-Mth F) 102.86 -0.36 Tapis blend 112.81 0.05 Minas 106.11 0.05 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 105.67 -0.61 Jet Kerosene 121.07 -0.35 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 31 Jan 14 S$ Bid Offer 1-month 1.2676 1.2681 2-months 1.2675 1.2680 3-months 1.2675 1.2680 6-months 1.2671 1.2677 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      66 31 Jan-13 Jan-13 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1734.50 1721.75 3 months 1779.50 1765.00 Copper, Grade A(US$/tonne) Cash 7365.00 7329.75 3 months 7329.00 7302.50 Lead(US$/tonne) Cash 2142.75 2094.75 3 months 2166.00 2119.00 Nickel (US$/tonne) Cash *****.00 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
      66 words
Page thumbnail Page 32
Page thumbnail Page 33
  • executive Money
    • Article, Illustration
      Lock icon The bond investing free lunch is over
      979 33  -  Rising interest rates have pushed prices lower, sending total returns into negative territory By CARLA FRIED NYT ONDS lived down to expectations last year. The threat of rising interest rates, which had lurked in the ether for five years, finally materialised, pushing prices
      NYT; PHOTO: REUTERS  -  979 words
    • Article, Illustration
      Lock icon A ‘home bias’ can work against investors
      828 32  -  Equities are expected to offer the best returns this year but to benefit, Asian investors should look beyond domestic stocks. GENEVIEVE CUA reports GENEVIEVE CUA gen@sph.com.sg YEAR 2014 is for risk assets, says UBS group managing director Mark Haefele. But in order to
      PHOTO: UBS  -  828 words
    • Article, Illustration
      Lock icon Opportunities abound in Asia for fund companies
      784 32  -  But first, fund retention needs to be viewed as important as fund-raising YOON NG The writer is the Asia research director at Cerulli Associates ASSET managers launched more funds in Asia (1,490 funds) than Europe (1,279 funds) in the first eight months of
      PHOTO: REUTERS  -  784 words
    • Article, Illustration
      Lock icon It pays to watch fund expenses, where little things can add up
      1211 32 NYT [NEW YORK] HOW much a fund costs to run may seem inconsequential, especially now. With the backdrop of a “go big or go home” stock market that frightens many small investors but can enrich those who take
      NYT; PHOTO: BLOOMBERG  -  1,211 words
  • Page 33 Advertisements
    • Advertisement
      Lock icon Page 33 Advertisements Column 1
      133 33 V*-. V- 7- «jr«* v- p-T. -aa i v-3W>£*5j iuuk rr?i in s s vm bull 1 ►'l r 1 r > V T TRADE CONFIDENTLY WITH SUPERIOR TOOLS AND TECHNOLOGY We provide extensive data on forex, shares, indices and commodities. Access client sentiment indicators, live Reuters news, in-depth company
      133 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Lock icon Page 34 Advertisements Column 1
      442 34 VdWWWWWF STPROPERTY SEMINAR pjiopzjrr/ I'/IAfiZST OUTLOOK FOR O /"M /I rr I I i YEAR OF THE HORSE 2 i sw. Date: 1 2 March 2014 Venue: Suntec City Convention Centre, Hall 406 1 Raffles Boulevard, Suntec City, Singapore *****3 Time: 2pm 6pm ss—, g» k kSh' bsc u St
      442 words