The Business Times, 15 March 2011

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Microfilm: NL31286
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|il A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Tuesday, March 15,2011
    23 words
  • Article, Illustration
    Lock icon Builders’ stocks soar on a dark day in Tokyo
    467 1  -  Carmakers, insurers and utility firms see share prices plunge By CONRAD TAN [SINGAPORE] Japan’s stock market reeled yesterday as trading resumed after the country’s worst earthquake on record, but shares of construction firms and other companies expected to benefit from the
    467 words
  • Article, Illustration
    Lock icon Trains stall, blackouts hit as Japan hobbles to work
    846 1  -  Threat of nuclear meltdown remains; several ports stay shut and steel production could take a hit By in ANTHONY ROWLEY in Tokyo THE fallout from Japan’s triple disaster spread wider yesterday as the country attempted to get back to work in
    AFP  -  846 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 HST INDEX 3,030.86 (-12.63) HST INDEX FUTURES 3,026 (-12) HSIMSCI 357.78 (-0.51) HSIMSCI FUTURES 357.50 (-0.70) FOREX US$ S$ US$ (S$ per US$) 1.270 (US$/S$ per 1.606 2.040 EURO (US$/S$/E) 1.393 1.769 Foreign currency per US$ S$ YEN 82.20 64.70 RM 3.040 2.393 HK$ 7.790 6.132 BAHT 30.40
    141 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      567 2 Trains stall, blackouts hit as Japan hobbles to work THE fallout from Japan’s triple disaster spread wider yesterday as the country attempted to get back to work in the wake of last Friday’s massive earthquake and tsunami but found itself hit by power shortages and other problems that
      567 words
    • Article
      Lock icon HPH Trust to price IPO at US$1.01, rake in US$5.5b
      445 2  -  The IPO ranks as the biggest worldwide so far this year: Dealogic By EMILYN YAP [SINGAPORE] Hutchison Port Holdings Trust (HPH Trust) will be raising some US$5.5 billion from its initial public offering (IPO) in Singapore after pricing its units
      445 words
    • Article
      Lock icon More space for political parties on Net
      460 2  -  By CHUANG PECK MING [SINGAPORE] The government has loosened the rules on political advertising on the Internet, allowing political parties, candidates and their agents to use a wider range of new media platforms to sell their messages in the coming general election. But
      460 words
    • Article, Illustration
      Lock icon China signals end to GDP worship
      860 2  -  By in SHU-CHING JEAN CHEN in Hong Kong Source: Bank of America Merrill Lynch Taken at face value, the economic growth targets that China sets each year make no sense. Not only were they exceeded by real performance, they also contradict each other. Take
      Source: Bank of America Merrill Lynch; AFP  -  860 words
    • Article, Illustration
      Lock icon Pheim appeal: judgment reserved
      595 4  -  Spirited exchanges over several issues in court hearing By EMILYN YAP [SINGAPORE] Singapore’s highest court is considering whether to affirm a High Court ruling which found Pheim Asset Management Sdn Bhd (Pheim Malaysia) and its CEO Tan Chong Koay guilty of market rigging. The Court of
      595 words
    • Article
      Lock icon Retailers in S’pore cope with quake’s aftermath
      576 4  -  By LINETTE LIM KELLY TAY [SINGAPORE] The big boys don’t expect any supply shortages from Japan in the wake of the quake but smaller players are getting jittery. The Sakae Sushi chain of restaurants which gets 80 per cent of its seafood supply
      576 words
    • Article
      Lock icon IDA unveils new rules to protect mobile customers
      643 4  -  Consumers to be given option to limit data roaming costs to $100 a month By VICTORIA HO [SINGAPORE] There are new rules to protect consumers from being charged for mobile services that they didn’t know they were signing up for. Operators will
      643 words
    • Article, Illustration
      Lock icon Stocks adequate, say Japanese car distributors
      572 4  -  By SAMUEL EE [SINGAPORE] Japanese car distributors here say their current stock levels are adequate for now despite factory closures after an earthquake and tsunami devastated the eastern coast of Honshu island. Toyota Motor Corp, the world’s biggest carmaker, has closed all 12 domestic
      AFP FILE PHOTO  -  572 words
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      125 2 Singapore Institute of Directors Professional Training for Company Directors The Singapore Insitute of Directors (SID) is the national association of company directors. SID promotes the professional development of directors and corporate leaders. It works closely with the authorities and regulators, its network of members and professionals, to promote the highest
      125 words
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  • Page 3 Advertisements
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      103 3 Of 1 <1 t 3 •i V3LS Eonc i; t m < i "^3* •ME r- A 1 MM VT W J* u'l J £9 -■pi i i R, w W 1 J pn w l 1 i; <4 j ■m. S I 1 V PPL SHIPYARD Congratulates Egyptian Offshore
      103 words
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
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      50 words
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      139 4 it’ll take more than a bouncing bowling ball to wake him up!” That’s because EverRest Waterbeds are designed not to disturb your partner despite your tossing, twis?ng and turning. Thanks to German precision and ingenuity each sidecanbeindividuallytailoredtoeach partner’s preferred firmness. Because EverRest understands that while he prefers it to be
      139 words
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  • COMPANY NEWS
    • Article
      Lock icon Suspensions: Consider a middle ground
      632 5  -  HOCK LOCK SIEW By R SIVANITHY THESingaporeEx-change(SGX)hasmade its position on trading suspensions clear if there are doubts over a company’s accounts as in the recent case of two China stocks, an immediate suspension is warranted to discourage excessive speculation and to preserve a fair and
      632 words
    • Article
      Lock icon Impact on stocks may be milder than feared
      698 8  -  Analysts see prolonged supply disruptions as unlikely JAPAN QUAKE FALLOUT By MICHELLE TAN WIDESPREAD destruction continues to prevail over Japan’s north-eastern landscape after an 8.9-magni-tude earthquake and tsunami hit the nation, adding further pressure to a global economy that is already struggling
      698 words
    • Article
      Lock icon Straits Asia gains 4.8% on hopes for coal demand
      252 8  -  By FELDA CHAY COAL miner Straits Asia Resources (SAR) was one of few bright spots on the Singapore stock market yesterday, rising 4.8 per cent on expectations that Japanese demand for coal will rise after the massive earthquake dealt a severe
      252 words
    • Article
      Lock icon Frasers Hospitality sees Osaka cancellations
      422 8  -  For IPC, it’s ‘too premature’ to assess impact of quake on its hotel business By FELDA CHAY FRASERS Hospitality, part of food beverage and property giant Fraser and Neave (F&N), said yesterday that its service residence property in Osaka, Japan has been hit with cancellations
      422 words
    • Article
      Lock icon AIMS AMP’s Japan warehouse sale completion delayed
      356 8  -  No apparent structural damage, says Reit; buyer arranging checks By FELDA CHAY THE completion of AIMS AMP Capital Industrial Reit’s 1.49 billion yen sale of a warehouse in Tokyo’s Saitama city has been delayed following the massive earthquake that hit Japan. The manager
      356 words
    • Article
      Lock icon Global Logistic Properties lowers estimated damages
      329 8 GLOBAL Logistic Properties (GLP) has revised the estimated damages to its Japanese properties downwards by nearly one-fifth to US$38.8 million from US$47.5 million after verifying their status over the weekend. This is about 0.6 per cent of the logistic player’s portfolio value in Japan.
      329 words
    • Article
      Lock icon Saizen Reit takes another hard knock
      487 8  -  Trust has 22 of its 146 Japan properties in worst-hit Sendai By LYNN KAN NOT all S-Reits with properties in Japan have been equally hit on the stock market. Of the Singapore-listed real estate investment trusts with such exposure, DMG Research pegged Saizen Reit
      487 words
    • Article, Illustration
      Lock icon NOL says cargo operations only mildly affected
      492 8 NEPTUNE Orient Lines (NOL) said yesterday its cargo operations in Japan were mildly affected by last Friday’s earthquake. “Our port operations in Kobe are unaffected. We had temporary cargo disruption at the port in Yokohama primarily due to power outages. However, power has
      BLOOMBERG  -  492 words
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      351 5 Serviced Offices^ A cost effective Serviced Office solution Best address, best receptionist, best IT and support Flexible lease terms starting from one month For less than the cost of a secretary We help businesses succeed W servcorp.com.sg Or Google "Servcorp' BSERVCORP Servcorp Virtual Offices 'Isss- The most professional business image
      351 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Market weakens in poor volume
      555 6  -  Traders await Wall Street’s response following Japan quake disaster and oil market instability STOCKS R SIVANITHY Senior Correspondent THERE were no surprises in trading yesterday as prices weakened in one of the poorest turnover totals in recent months. Japan’s plight in the wake of Friday’s
      Source: Bloomberg  -  555 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 6 Mar 14 VALUE CLOSE BT OB/OS -253.00 +18.00 BT CADI -*****.00-141.00 BT 10-day MA -*****.00 -25.00 FTSE ST Mid Cap 749.38 -3.74 FTSE ST Small Cap 534.29 -6.92 FTSE ST All Share 747.37 -3.60 FTSE ST China Top 264.37 -3.64 FTSE ST China 297.42 -3.58 FTSE ST
      65 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 8 4 0 0 0 3 8 4 Manufacturing 26 59 70 5 5 7 31 64 77 Commerce 10 24 24 2 5 4 12 29 28 Tpt/Stor/Comms 8 19 13
      186 words
    • BROKERS’ TAKE
      • Article
        Lock icon Singapore Market Strategy
        492 6  -  DMG Partners Research, March 14 Compiled by CONRAD TAN FOLLOWING Japan’s 8.9-magni-tude earthquake and the subsequent tsunami, widespread damage has been reported and a nuclear power plant in Fukushima has also suffered radiation leaks. Japan’s Economic and Fiscal Policy Minister Kaoru Yosano said that the economic impact
        492 words
      • Article
        Lock icon Glossary:
        135 6 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
        135 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 15,724 15,724 54,442 54,442 Manufacturing 218,948 64,110 283,058 165,624 1,142 166,766 Commerce 42,404 3,404 45,808 65,234 1,148 66,382 Tpt/Stor/Comms 92,087 627 92,714 118,853 143 118,996 Finance 16,731 343 17,074 114,425 45 114,469 Construction 14,853 6,246
      123 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      108 6 Stock name Close Change Stock name Close Change CapMallsAsia 1.670 -0.030 CapitaLand 3.260 -0.030 CapitaMall 1.790 -0.020 CityDev 10.920 -0.100 ComfortDelGro 1.520 +0.010 DBS Grp 14.460 +0.100 F&N 5.620 -0.130 Genting SP 1.950 -0.010 Golden Agri 0.655 +0.005 HK Land 6.830 -0.110 JMH 45.920 -0.960 JSH
      108 words
    • Article
      Lock icon Asian currencies stay resilient after quake
      449 6 CURRENCIES Reuters [SINGAPORE] Most Asian currencies showed resilience yesterday as Japanese companies appeared to hold off from quickly repatriating large sums in the wake of the country’s deadly earthquake and tsunami. Among currencies that weakened, the biggest move was by the South Korean won,
      Reuters  -  449 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME CPH 57,553,000 Golden Agri 47,714,000 GLP 34,017,000 Amplefield 33,000,000 Genting SP 31,825,000 Dyna-Mac 23,173,000 *Genting HK US$ 21,134,000 BerlianLaju 20,859,000 GMG Global 19,422,000 MacqIntInfra 15,713,000 VALUE($) GLP 63,936,278 Genting SP 61,761,250 Keppel Corp 36,662,189 DBS Grp 35,868,040 Wilmar 33,905,068 StraitsAsia 32,011,820 OCBC Bk 31,846,000 Golden Agri
      57 words
    • Article
      Lock icon RISES
      112 6 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 214.6 1.4 IS S&P500 ***** 149.8 0.9 GLD 10US$ ***** 107.9 0.6 DBXT MSKorea 10US$ 5684 105.4 1.5 IS DJ US Tech 6570 45.7 0.6 DBXT MSINDO 10us$ 1386 24.1 1.4 DBXT MSTHAI 10US$ 1615 22.9 1.1 DBXT S&P500 10US$ 2051
      112 words
    • Article
      Lock icon FALLS
      125 6 BY CENTS CLOSE DOWN DBXT MSJAP 10US$ 3794-518.1 -9.7 JMH 4592-121.9 -2.0 DBXT FTVietnam 10US$ 3346-120.6 -2.8 DBXT FTChina25 10US$ 3136 -92.7 -2.3 DBXT MSAsExJp 10US$ 3210 -73.7 -1.8 DBXT E50 10US$ 4372 -50.8 -0.9 Daiwa FT Shariah Jap 808 -50.8 -4.7 DBXT MSTaiwan 10US$ 1904 -48.3 -2.0 JSH
      125 words
    • Article
      Lock icon Tiger reports 11 % rise in passengers in February
      271 7  - Tiger reports 11 rise in passengers in February Feb load factor falls 2 percentage points; 12-month passenger numbers up 26% By NISHA RAMCHANDANI BUDGET carrier Tiger Airways saw passenger numbers grow 11 per cent year on year for the month of February, though the average load factor slipped two percentage
      271 words
    • COMPANY BRIEFS
      • Article
        Lock icon CityDev sells 50 more units at H2O
        53 7 CITY Developments sold a further 50 units at H20 Residences last week, taking total sales in the project to 200 units. The developer has released 280 of the total 521 apartments in the 99-year leasehold condo in the Sengkang area. The average price
        53 words
      • Article
        Lock icon C&G Environmental starts ops in Hubei
        96 7 C&G Environmental Protection Holdings has commenced production at its new waste-to-energy (WTE) plant in Huangshi, Hubei Province. The operations in Huangshi will be launched in two phases and raise waste treatment capacity by 1,200 tonnes per day. Its Anxi and Fuqing plants, which are
        96 words
      • Article
        Lock icon OCBC Bank chairman gets stock options
        82 7 OCBC Bank has granted chairman Cheong Choong Kong 326,302 share options yesterday. The acquisition price of options granted is $9.35 each, OCBC said in a stock exchange filing. The options are valid for four years, from March 15 next year to March 13, 2016.
        82 words
      • Article
        Lock icon SingTel director buys more shares
        51 7 SINGAPORE Telecommunications (SingTel) director Simon Israel has bought 168,000 shares in SingTel via an open market purchase at $2.98 per share, boosting his direct stake in the company from 0.0021 per cent to 0.0031 per cent, according to a filing to the Singapore Exchange (SGX)
        51 words
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      62 6 TO u ss B V LG A R I J tt. > Zi\ (H <5 it m f mm 7 Gerald Genta BVLGAR I THE NEW OCTO BI-RETRO WATCH BOUTIQUES TAK ASH I MAYA DEPARTMENT STORE HILTON HOTEL PARAGON SHOPPING CENTRE THE SHOPPES AT MARINA BAY SANDS AUTHORIZED RETAILERS CORTINA
      62 words
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      416 7 MATS NOTICES THE COMPANIES ACT (CAP. 50) DIOT ASIA-PACIFIC PTE LTD COMPANY REG. NO: *****3602Z (MEMBERS’VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the Members of DIOT ASIAPACIFIC PTE LTD duly convened and held at 701 Geylang Road #04-04 Singapore *****7 on Wednesday, 9 of March 2011 at 11.00
      416 words
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      Lock icon Page 7 Advertisements Column 2
      541 7 i L sas 1 4 HSBC's renminbi time deposit. Now you can access renminbi from Singapore's shores. Renminbi, the currency of one of the world's fastest growing economies, is now more within your reach than ever with HSBC's renminbi time deposit. Having established our presence in China for over 145
      541 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Three companies praised for re-employing older staff
      469 9  -  Nestle, On Cheong Jewellery and Tien Wah Press show foresight By CHUANG PECK MING NOT only is Nestle Singapore an early bird in extending the working age of employees, it is actually re-em-ploying them for longer than required by laws that will come
      469 words
    • Article
      Lock icon Orchard Fashion Season starts on March 25
      290 9 SINGAPORE’s famed shopping belt is primed for some excitement. The Orchard Road Business Association, in partnership with Singapore Press Holdings (SPH) and MasterCard, will be organising Fashion Season Orchard 2011 (FSO 2011) after its successful debut last year when it attracted more than
      290 words
    • Article, Illustration
      Lock icon BANKING ON HEALTH AND WEALTH
      304 9  -  By ARTHUR LEE THERE are some things money cannot buy and health is one of them. Janet Sim, a Standard Chartered Priority Banking customer aged 63, joined about 40 other clients for an early morning Tai Chi session at the Marina Bay waterfront last Saturday
      ARTHUR LEE  -  304 words
    • Article
      Lock icon Set more ambitious targets to cut emission: KPMG adviser
      504 9  -  He lauds Singapore for taking the green issue seriously By JOYCE HOOI COUNTRIES need to be more ambitious in setting emission reduction targets, and Singapore is no exception, said Yvo de Boer, KPMG’s special global adviser on climate change and sustainability.
      504 words
    • Article
      Lock icon Ministers to lend full support to World Water Day
      307 9 SINGAPORE’s leaders will be out in force on March 19 and 20 in support of World Water Day 2011. World Water Day is marked every year on March 22 to draw attention to the importance of freshwater and promoting sustainable management
      307 words
    • Article
      Lock icon Retail sales, F&B indices revamped
      134 9 TWO indices one measuring retail sales and the other food and beverage (F&B) services have been re-based with 2010 as a reference year instead of 2005. The establishments included in both the Retail Sales Index (RSI) and F&B Services Index (FSI) have been given different
      134 words
    • Article
      Lock icon New approach to parent maintenance disputes
      168 9 The Ministry of Community Development, Youth and Sports (MCYS) has revised the Maintenance of Parents Act (MPA). With effect from March 15, 2011, a “conciliation first” approach as opposed to legal action would be adopted in resolving disputes between parents and children. Under the
      168 words
    • Article
      Lock icon Food & Beverage Fair back for its tenth run
      242 9 Food Beverage Fair back for its tenth run THE Food Beverage Fair, billed as the largest annual food-and-beverage event in Singapore, is back for its tenth run. The fair is organised by Exhibits Inc, a subsidiary of Singapore Press Holdings. The fair is expected to attract 275,000 visitors. A wide
      242 words
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      32 9 Looking for opportunities? March/Aprilissue out now! Available at all petrol stations (except Caltex) and all major bookstores To subscribe ($30 for six issues delivered to your office or home), please call 6388-3838
      32 words
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  • SME Inc
    • Article, Illustration
      Lock icon ATT Systems zeroes in on regional expansion
      916 10  -  The tech firm has plans to grow aggressively in the next 3-5 years, reports CLEMENT QUEK reports CLEMENT QUEK TO THE average man, a queue system is simply this press a button, get a queue ticket, and wait for your turn. But there
      ARTHUR LEE  -  916 words
    • Article
      Lock icon Uncertainty pushes portfolio down
      444 10  -  By TEH HOOI LING IT has played out again and again. When there is uncertainty in the market, the small cap stocks will suffer the most. Partly because of the lack of liquidity a higher than normal selling volume would push prices lower; partly it is
      444 words
    • Article, Illustration
      Lock icon In the hunt for more partners
      1048 12  -  Homegrown company Jason Marine aims to become a one-stop marine electronics provider, reports CHEN HUIFEN SMALL CAPS reports CHEN HUIFEN HAVINGrecentlysealed three joint ventures with its foreign partners, Catalist-list-ed Jason Marine continues to be on the prowl for more alliances that will help it
      ARTHUR LEE  -  1,048 words
    • Article, Illustration
      Lock icon Finding The Sweet Spot
      978 12  -  By KELLY TAY IF you love luxury, live the good life, and relish the opportunity to snag a great deal, it might be worth adding The Sweet Spot to your list of favourite websites. Founded by Alexis Horowitz-Burdick in September last year, the e-com-merce website adopts
      YEN MENG JIIN  -  978 words
    • Article
      Lock icon Smaller accounting firms urged to diversify
      570 12  -  Younger firms are seen as more open to diversification By JERMAINE NG SMALL and medium public accounting practices (SMPs) should diversify and incorporate business advisory services, say panel experts at a recently concluded roundtable discussion conducted by the Association of Chartered Certified Accountants (ACCA)
      570 words
    • Article, Illustration
      Lock icon Testing times for companies
      937 13  -  Using aptitude tests is common and allows companies to identify people with natural talent before hiring them, reports CHEN HUIFEN reports CHEN HUIFEN ONE major difference between sales professionals in Asia and in the West is the much higher staff turnover rate in China, and the
      937 words
    • Article
      Lock icon CSR and franchising issues
      607 13 ASK NUS PROFS Q: Given the limited resources and organisational challenges that SMEs face, implementing CSR or corporate social responsibility can prove to be a daunting task. How would such companies go about implementing socially responsible initiatives and protect their core interests at the same time?
      607 words
    • Article
      Lock icon Taking secure steps toward globalisation
      936 14  -  Many SMEs are up against a range of security risks and issues, which if not managed carefully, can threaten their survival COMMENTARY By TOBY KOH The writer is the managing director of Ademco Security Group Pte Ltd EAGER to reap the potential rewards of being
      936 words
    • Article, Illustration
      Lock icon Slight relief
      1113 14 THIS WEEK’S TOPIC The government is offering a one-off ‘SME Cash Grant’ this year, amounting to 5% of a company’s revenues in YA2011 and subject to a cap of $5,000. Is this sufficient to help your company cope with higher costs from rising inflation? If not, what more
      FILE PHOTO  -  1,113 words
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      153 10 0 \D\ Singapore Brand Conference m og —n w TRl IQTSTRATEGY_Hr I I I W W I BRAND CONCEPT 1 —I o> o 1] m fRUST D STRATEGY Thursday, 31 March 2011 Suntec Convention Centre, Ballroom 3 IN THE NEW NORMAL Guest-of-Honour MR. LEE YISHYAN Minister-of-State For Trade Industry QTRATFC;
      153 words
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      Lock icon Page 10 Advertisements Column 2
      24 10 COMMENTARY Secure steps toward globalisation PG Pacify the Raging Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Apology Notices SATS NOTICES
      24 words
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  • EMERGING ENTERPRISE
    • Article, Illustration
      Lock icon IPO 101 for SMEs
      1309 11  -  Banker suggests 12-18 months of extensive planning for SMEs hoping to court investor dollars, reports LINETTE LIM reports LINETTE LIM DUE to the unrest in the Middle East, companies are “definitely holding back” their listing plans because of “concern over valuations”, said George Lee, executive vice-president
      REUTERS, FILE PHOTO  -  1,309 words
  • Page 11 Advertisements
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      90 11 Emerge as this year's top business player The Emerging Enterprise Award returns to recognise Singapore's most enterprising SMEs. Once again, three SMEs will each receive S$390,000 in prizes comprising an interest-free* loan, professional services, training programmes and support in capability development. The two winners of the "Best Innovation Award" will
      90 words
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      Lock icon Page 11 Advertisements Column 2
      127 11 0 00 s. n i in.. ZY,r Realise your growth ambitions with OCBC Business Banking. At OCBC Business Banking, we understand that every business owner has big ambitions. When your business is expanding into new countries, you can count on our international network in major cities to make the right
      127 words
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      105 13 m MARKETS get thinking FX/CFD trading The more you trade the more you save. On~n Positions !l Working Orders Alerts Activity j [Tickets 0MARKETS s. am no JiW.WCDO 0 mtchusts indices cno i rcsfccuM »mw »nsf*o* »t* trA*, *S-im r,-<r '"W ■>«<, V On, Pf "'oo °l*iung Po »/boo 'VPe
      105 words
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      816 14 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Ryan Paul Yates, bachelor, of 11 Keng Cheow Street, #03-04 Riverside Piazza, *****8, Singapore intend to marry Laura Jayne Fearn, single, of 11 Keng Cheow Street, 03-04 Riverside Piazza, Singapore, *****8 at The LotusResidence,BanjarLaingDesaPandak,Kediri,Tabanan,Bali,Indonesia on 7th April. Any person knowing of any lawful impediment
      816 words
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      144 14 Voices Next week’s topic: “The government recently announced that plans for an export-import (Exim) bank that would lend money to local firms for overseas ventures would not be set up after all. Instead, Singapore will continue to help firms expand by using its existing financing schemes except it will now
      144 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Interest rates in Brazil not likely to rise soon
      455 15 Bloomberg [NEW YORK] Traders in Brazil are paring wagers on interest-rate increases by the most in seven months as policy makers signal they may use other measures to curb inflation in Latin America’s biggest economy. Yields on rate futures contracts due
      Bloomberg; REUTERS  -  455 words
    • Article
      Lock icon State-owned banks to dominate bond issues in Russia
      360 15 Mergers give them 60% market ahead of govt asset sales Bloomberg [LONDON] Russia is tightening control over capital markets as Prime Minister Vladimir Putin’s government embarks on its biggest asset sale programme since the 1990s. OAO Sberbank, Russia’s biggest lender, agreed to
      Bloomberg  -  360 words
    • Article
      Lock icon US high-yield bond rally falters as leveraged-loan prices slump
      406 15 Investors are risk-averse due to rising energy and food costs, M-E turmoil Bloomberg [NEW YORK] The rally in high-yield debt that fostered the biggest ever refinancing boom is showing signs of faltering as relative yields on US junk bonds jump to
      Bloomberg  -  406 words
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      161 15 DON'T WORRY, ROAM SMART. The last thing you should worry about on a business trip is your phone bill. That's why, StarHub is bringing you solutions that give you greater value and control over your data spend when overseas. So now you can focus on what's important your business. V
      161 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Berjaya Retail shares spike on offer from Premier Merchandise
      458 16  -  If offer is successful, B-Retail may become one of Bursa’s shortest listed firms By PAULINE NG in Kuala Lumpur SHARES of Berjaya Retail jumped 49 per cent to 63.5 sen yesterday following a general offer by its controlling shareholder Premier Merchandise
      458 words
    • Article, Illustration
      Lock icon Palm oil price set to rise as dear crude lifts biofuel demand
      385 16 Reuters [AMSTERDAM] Heavy rains in Indonesia and Malaysia had driven palm oil prices up since October 2010, but signs of slowing demand and expectations that global stocks would rise as the new crop starts bearing fruit drove the
      Reuters; BLOOMBERG  -  385 words
    • Article
      Lock icon Outrage over KL’s caning of 30,000 foreigners
      349 16 Sentences were meted out between 2005-2010 AFP [KUALA LUMPUR] Malaysia has said it caned nearly 30,000 foreigners since 2005, a revelation that drew condemnation yesterday from rights groups who demanded an end to the “barbaric” practice. Amnesty International says that caning has hit
      AFP  -  349 words
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      2271 16 FIRST SHIP LEASETRUST (a business trust constituted on 19 March 2007 under the laws of the Republic of Singapore) MANAGED BY FSLTRUST MANAGEMENT PTE. LTD. (Incorporated in the Republic of Singapore) Company Registration No. *****2265R (as Trustee-Manager of First Ship Lease Trust) NOTICE OF ANNUAL GENERAL MEETING OF THE UNITHOLDERS
      2,271 words
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  • GREATER CHINA
    • Article
      Lock icon China bank lending slows
      647 17 Tightening measures working as money supply growth also slowed, say analysts Reuters [BEIJING] China’s money supply growth and bank lending slowed sharply in February as tighter monetary policy took hold and the government made headway in its campaign to tame inflation. Chinese banks made 535.6 billion
      Reuters  -  647 words
    • Article, Illustration
      Lock icon China wants more NZ quake compensation
      322 17 Bloomberg AFP [WELLINGTON] China wants special compensation from the New Zealand government for its citizens killed in the Christchurch earthquake because affected families lost their only child, an official said. The country is seeking financial assistance from New Zealand above the standard levels of
      Bloomberg; AFP; REUTERS  -  322 words
    • Article
      Lock icon Beijing tightens up on banks’ reserve ratios
      332 17 Chinese banks extended 535.6 billion yuan of loans last month. Bloomberg [BEIJING] China’s four biggest banks are among lenders who have been set differentiated reserve requirement ratios, said Liu Mingkang, chairman of the China Banking Regulatory Commission. Mr Liu didn’t specify whether all
      Bloomberg  -  332 words
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      37 17 For us, private banking means working perfectly together (>l3.ricl01"l |\\X J p| as a team. Also with you: +65 6532 5325 or www.claridenleu.com Clariden Leu Ltd., Singapore Branch, Singapore swiss PRIVATE BANKING SINCE 1755 Registration No. T05FC6718B-PTE-01
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China must balance jobs and inflation: PM Wen
      691 18 Reform must match growth to avoid discontent over graft, inequality Reuters AP [BEIJING] China faces a tough balance between creating jobs and cooling inflation, Chinese Premier Wen Jiabao said yesterday, but denied that his government risks the kind of political upheaval besetting
      Reuters; AP  -  691 words
    • Article, Illustration
      Lock icon Profit at Buffett-backed car company hits the skids
      565 18 Bloomberg [SINGAPORE] BYD Co, the Chinese automaker backed by Warren Buffett, said fourth-quarter profit plunged 94 per cent after demand for its vehicles slumped in the world’s largest car market. Net income fell to 90 million yuan (S$ 17.4 million) in the
      Bloomberg; BLOOMBERG  -  565 words
    • Article
      Lock icon Bollywood heads for a hip makeover
      338 18 Reuters [MUMBAI] Bollywood is dyeing its hair blond, getting itself a sports car and donning a pair of worn out jeans. In other words, it’s trying to get younger and hipper. The Hindi film industry until now ruled by stars mostly in their 40s
      Reuters  -  338 words
    • Article
      Lock icon India price spike may spur more tightening
      520 18 Analysts expect RBI to up rates by another 25 points Reuters [NEW DELHI] India’s headline inflation unexpectedly quickened in February on rising fuel and manufacturing prices, raising expectations for aggressive central bank tightening beginning later this week. The reading suggested that measures taken
      Reuters  -  520 words
    • Article
      Lock icon Chinese steel mills see limited import gains from Japan
      404 18 Reuters [SHANGHAI] China’s steel makers will see limited import opportunities from Japan’s reconstruction efforts, but could gain from the replacement of Japanese steel exports to other countries once rebuilding begins in the quake-hit nation. Many Japanese steel mills are already experiencing
      Reuters  -  404 words
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  • WORLD
    • Article
      Lock icon Kuwait’s Zain in deal to sell Saudi assets
      420 19 Kingdom, Bahrain Telecom offer 3.56b riyals for 25% stake in Zain Saudi Reuters [DUBAI] Kuwaiti telecommunications firm Zain approved an offer by Saudi billionaire Prince Alwaleed’s Kingdom Holding and Bahrain Telecom for its Saudi assets, paving the way for completion of a
      Reuters  -  420 words
    • Article
      Lock icon Telecom Italia set to unveil big changes at the top
      300 19 Bloomberg [MILAN] Telecom Italia’s biggest investors agreed to appoint its chief executive Franco Bernabe as executive chairman and to name a new CEO to boost the company’s flagging Italian business, two people familiar with the matter said. Marco Patuano, who
      Bloomberg  -  300 words
    • Article
      Lock icon France Telecom, Agility to buy 44% stake in Korek
      334 19 The two will form a JV to control stake in Iraqi operator Reuters [PARIS] France Telecom and Kuwaiti logistics group Agility are to acquire a 44 per cent stake in fast-grow-ing Iraqi mobile operator Korek Telecom, the groups said in a
      Reuters  -  334 words
    • Article, Illustration
      Lock icon COMEBACK CLIFF WITH GUNS ABLAZING
      78 19 AFP [LONDON] Britain’s Cliff Richard arriving at a photocall here last week to announce details of his new album. He attended a press conference to promote his yet-to-be recorded album of soul classics. The album will see him record duets with soul legends and will
      AFP; AP  -  78 words
    • Article
      Lock icon Sukuk may be cheaper for Abu Dhabi
      326 19 Yield expected to be lower than similar conventional issue Bloomberg [DUBAI] The oil-rich Persian Gulf emirate of Abu Dhabi may find it cheaper to borrow with Islamic bonds than non-Syariah compliant securities, National Bank of Abu Dhabi and EFG-Hermes UAE Ltd say. The
      Bloomberg  -  326 words
    • Article, Illustration
      Lock icon Berkshire buys Lubrizol for US$9b
      472 21 It will pay 28% premium to the chemical firm’s Friday stock price AP [OMAHA, Nebraska] Warren Buffett’s Berkshire Hathaway is buying specialty chemicals company Lubrizol Corp for about US$9 billion in cash, making it among Berkshire’s biggest acquisitions. The companies said yesterday that the transaction
      AP; AP FILE PHOTO  -  472 words
    • Article
      Lock icon Call for slower rate rise in Sweden
      331 21 Reuters [STOCKHOLM] Rapid interest rate rises in Sweden risk pushing up the crown too much unless other central banks are also raising rates, a Swedish central bank policy member said in a newspaper interview published yesterday. “My starting point is that the gap
      Reuters  -  331 words
    • Article
      Lock icon Borders hopes to exit bankruptcy by Sept
      151 21 Reuters [BANGALORE] Borders Group Inc hopes to exit bankruptcy court protection by August or September to ramp up business for the key year-end holiday season, president Mike Edwards said in an interview with the Wall Street Journal. Borders hopes to present a formal
      Reuters  -  151 words
    • Article
      Lock icon AfDB reviews funding policy in North Africa
      410 21 Jobs, cutting poverty a priority following revolts in region Bloomberg [JOHANNESBURG] The African Development Bank (AfDB) is reviewing its funding to North African countries to focus on projects that boost jobs and reduce poverty after popular revolts in Egypt and Tunisia forced the
      Bloomberg  -  410 words
    • Article, Illustration
      Lock icon Eurozone bailout fund gets bigger
      550 22 Greece also saw its loans’ interest rates lowered, which sent bond, stock prices up AP AFP [LONDON] Markets have cheered a surprisingly broad European package of measures to tackle the government debt crisis that has over the past year threatened the existence of the euro
      AP; AFP; BLOOMBERG  -  550 words
    • Article, Illustration
      Lock icon Saudi troops enter Bahrain to protect facilities
      511 22 Reuters [MANAMA] Saudi Arabia sent troops into Bahrain yesterday to help put down weeks of protests by the Shi’ite Muslim majority, a move opponents of the Sunni ruling family on the island called a declaration of war. Analysts saw the troop movement as
      Reuters; REUTERS  -  511 words
    • Article
      Lock icon Abhisit fights to carry on in censure debate
      461 22  -  Opposition had filed a no-confidence motion against him By LEE U-WEN in Bangkok THAI Prime Minister Abhisit Vejjajiva will once again fight for his political future in an unprecedented four-day censure debate starting today. This comes two weeks after the opposition Puea
      461 words
    • Article
      Lock icon Pro-Gaddafi forces attack western Libyan town
      442 22 Reuters [TUNIS] Forces loyal to Muammar Gaddafi attacked the small town of Zuwarah yesterday, seeking to recapture one of the last remaining rebel holdouts in western Libya, residents said. “They are coming from the eastern side and also trying to get in from the
      Reuters  -  442 words
    • Article
      Lock icon You ain’t rich till you’ve got US$7.5 million: Fidelity poll
      452 22 Bloomberg [NEW YORK] How much does it take to feel wealthy these days? For many millionaires, it’s about US$7.5 million, according to a survey by Fidelity Investments. “Wealth is relative, and to some extent the more you have the more
      Bloomberg  -  452 words
    • Article
      Lock icon Prosecutors find no evidence in Renault’s spying claims
      308 22 Bloomberg [PARIS] French prosecutors said there’s no substance to a Renault SA complaint that the carmaker was the victim of espionage by three executives it fired, raising pressure on the company to clear the former employees. Authorities in Switzerland and Liechtenstein have
      Bloomberg  -  308 words
  • Page 19 Advertisements
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      106 19 Finance new opportunities That’s what commercial lenders can do when they’re smart about managing risk.And smart lenders can seed innovative new businesses by working with CME Group,the world’s leading derivatives marketplace.Emerging growth companies and financial institutions around the world come to us to manage virtually every kind of risk.Interest rate
      106 words
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  • JAPAN QUAKE FALLOUT
    • Article
      Lock icon Domino effect from Japan quake hits global companies
      568 20 Semiconductor makers among those rocked by supply concerns Reuters [SEOUL] Global companies from semiconductor makers to shipbuilders faced disruptions to operations after the earthquake and tsunami in Japan destroyed vital infrastructure and knocked out factories producing everything from high-tech components to steel.
      Reuters  -  568 words
    • Article, Illustration
      Lock icon Countries taking another look at nuclear power
      625 20 Bloomberg [NEW YORK] Global expansion of nuclear power may draw more scrutiny as Japan struggles with reactors crippled by the quake. “This is obviously a significant setback for the so-called nuclear renaissance,” said Peter Bradford, a former member of the US Nuclear Regulatory
      Bloomberg; AFP  -  625 words
    • Article
      Lock icon Tokyo flights running but demand ebbs
      589 20  -  Tourists cancel or postpone trips to disaster-stricken city By NISHA RAMCHANDANI FLIGHTS to and from Tokyo are now running smoothly but tourists are steering clear of Japan’s busiest city just as the peak travel season approaches, which could hurt the country’s travel industry. Travel
      589 words
    • Article
      Lock icon Quake may boost Asian oil-refineries’ profits
      561 20 Utilities, factories need alternatives to nuclear plant output Bloomberg [TOKYO] Japan’s biggest earthquake may boost the profits of Asia’s oil refiners as the world’s third-largest economy seeks to replace power and fuel output, if history is any guide. Fuel oil’s discount to crude may
      Bloomberg  -  561 words
    • Article
      Lock icon Oil prices down, bullion rises by 1%
      450 20 AP Reuters [SINGAPORE] Oil prices yesterday dropped to near US$99 a barrel in Asia after Japan’s earthquake and tsunami threatened to send the world’s third-largest economy into recession. Benchmark crude for April delivery was down US$1.63 at US$99.53 a barrel at midday Singapore
      AP; Reuters  -  450 words
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  • Page 21 Advertisements
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      2197 21 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. BH GLOBAL MARINE LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****4900H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Boardroom, 8 Penjuru Lane, Singapore *****9 on
      2,197 words
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  • AVIATION
    • Article, Illustration
      Lock icon Hong Kong Air prepares for US$1b IPO
      670 23 It expects private equity investment by next quarter Bloomberg [HONG KONG] Hong Kong Airlines Ltd expects to win private equity investment by early next quarter as it prepares for an initial public offering (IPO) of as much as US$1 billion, and challenges competitor
      Bloomberg; BLOOMBERG  -  670 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3270 23 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 KU6458 1425 --SQ458 1425 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 9W4081 1830 AF8087 1830 BA7381 1830 JL5084 1830 MU8213 1830 QF81 1830 Ahmedabad NH6292 1850 SQ530 1850 Amsterdam LO4031 0605
      3,270 words
    • Article
      Lock icon China airlines set for record bond sales
      766 23 Move to fund growth comes amid rise in yields and borrowing costs Bloomberg [SINGAPORE] China’s biggest airlines plan to sell the most bonds on record to fund growth even as the central bank is driving up borrowing costs and the industry forecasts a
      Bloomberg  -  766 words
    • Article
      Lock icon Shares of Korean carriers take a dive
      291 23 Bloomberg [SINGAPORE] Shares of South Korea’s largest carriers and shipping lines fell sharply yesterday over fears that the devastating earthquake in Japan could dampen trade and tourism between the two countries. Shares of Korean Air Lines Co, the country’s biggest carrier, plunged 7.33
      Bloomberg  -  291 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      298 23 CRYPTIC CROSSWORD Across 7 Got angry after enemy docked and searched out food (7) 8 Look hurt, rejected by a dispenser under pressure (7) 10 Development of pain deters walker (10) 11 Eat out, and the rest have to start (4) 12 Cereal offender often does it! (8) 14 Profit
      298 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    3528 24 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination
    3,528 words
  • Page 24 Advertisements
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  • SHIPPING
    • Article, Illustration
      Lock icon Container shipping the most affected by quake
      706 25 Port closures to cost Japan more than US$3.4b a day in lost seaborne trade Reuters Bloomberg [TOKYO] Japanese ports handling as much as 7 per cent of the country’s industrial output sustained major damage from last week’s earthquake, disrupting global supply chains and
      Reuters; Bloomberg; REUTERS  -  706 words
    • Article
      Lock icon Carlyle in JV with Tiger Group to buy ships
      270 25 Reuters [HONG KONG] Carlyle Group has formed a joint venture with maritime investment firm Tiger Group to buy more than US$5 billion worth of vessels with a group of other investors to tap growing shipping demand in the region. The joint
      Reuters  -  270 words
    • Article
      Lock icon Slowing iron demand hurts Baltic Index
      435 25 Steel plants close after quake, causing panic in iron market Bloomberg [SINGAPORE] Demand for iron ore, the biggest dry bulk cargo moved by sea, may weaken after Japan’s biggest earthquake on record disrupted steel output, potentially hurting a recovery in the Baltic Dry Index,
      Bloomberg  -  435 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 25 SGX '000 Mar 14 S$ +/-Vol CH Offshore 0.44 -0.01 27 Chuan Hup Hldg 0.24 0.01 7 Cosco Corp 1.92 -0.03 ***** CWT Ltd 1.19 unch 978 Ezra Hldgs 1.71 -0.01 2108 First Ship Lea 0.42 -0.01 198 Freight Links 0.06 unch 849 Grand Banks 0.35 0.09 5
      278 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Resilient Japan will overcome its tragedy
      477 26 EDITORIAL AS the death toll from the March 11 earthquake and tsunami that devastated north-eastern Japan continues to soar, it is clear that this calamity will cause untold damage and suffering. However, beyond the immediate aftermath, it need not spell doom and gloom for
      477 words
    • Article, Illustration
      Lock icon Quake may shock Tokyo into changing for the better
      813 26  -  THE BOTTOM LINE WILLIAM PESEK JR William Pesek is a Bloomberg News columnist. The opinions expressed are his own. IT always struck me as odd that Japanese bookstores have not just earthquake sections, but entire aisles of titles devoted to tectonic
      813 words
    • Article, Illustration
      Lock icon Anchoring Britain’s inflation expectations
      941 26  -  Inflation targets must be realistic and the targeting principles should be more flexible By BRIGITTE GRANVILLE The writer is professor of international economics and economic policy at Queen Mary College, University of London, and the author of ‘Remembering Inflation’, forthcoming book from Princeton University Press SPEAKING
      REUTERS  -  941 words
    • Article, Illustration
      Lock icon Will Obama trade agenda fizzle out?
      1338 27  -  The formula that seemed to be a sure win following the 1994 midterm election may not work this time around LEON HADAR Washington Correspondent THE Republican takeover of the US House of Representatives in last November’s midterm elections may have made it more difficult
      AP  -  1,338 words
    • Article, Illustration
      Lock icon Social security by any other name would be welfare
      793 27  -  ROBERT SAMUELSON The Washington Post Writers Group IN A recent column, I noted that Social Security is often “middle-class welfare” that bleeds the country. This offended many readers. In an email, one snarled: “Social Security is not adding one penny to
      The Washington Post Writers Group  -  793 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8331 28 Transaction date: Mar 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 21 14.5 8Telecom 17 -0.5 100 17 17 17 18 7.8 3.6 3.6 81.4 12 4.5 A-Sonic 7 unch 1471
      8,331 words
    • Article
      Lock icon SGX CATALIST
      1586 29 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 7 4 t AA Grp 4.5 4 5 21.4 4.3 225 130 t APStrategic 170 161 170 100.9 1.5 0.5 t Advanced System 0.5
      1,586 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9566 29 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.33/ APS Alpha Fund (USD)!** 1.05/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM
      9,566 words
    • Article
      Lock icon GLOBALQUOTE
      232 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A50.5cd 50 53.5 3.6 6.9 4 131.5 55 16 Genting HK US$ US39 -0.5 ***** 39.5 38.5 38.5 39 2568 21 8 Over&Gen A14
      232 words
    • Article
      Lock icon SGX ETF
      857 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 111.8 110.5 113 510.3 1070 761 CIMBAsean40 100US$ US1010 -6 0 1010 1007 999 1024 40.4 350 270 DBS STI
      857 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 30 In local curr In S$ In US$ dy yr dy yr dy yr Mar 11 Index Change Change Change Change Change Change World Index Preliminary 914.6 -0.2 1.9 -0.3 1.7 0.0 2.6 EAFE Preliminary 803.5 -1.0 0.3 -0.8 0.7 -0.5 1.7 Europe Preliminary 1173.1 -0.7
      374 words
    • Article
      Lock icon INTERBANK RATES
      174 30 Mar 14 ss Otter Old Overnight t nit mill 2'months ■J-myntto Overnight wodo- 0,01 0.02 016 m ?riG 0.01 1/16 1/8 1/16 USS Offer Did kao>uiKj llplll 03(1 0,3d 0«2 0/16 o.sa 0,80 0.9a 030 0.28 032 0.36 0.-18 0 60 0,75 SAu Offer Bid 1 month J
      174 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 30 Mar 14 S$ Bid Offer 1-month 1.2697 1.2707 2-months 1.2695 1.2706 3-months 1.2693 1.2704 6-months 1.2689 1.2700 Source: OCBC
      22 words
    • Article
      Lock icon SICOM FUTURES
      122 30 Mar 14 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 11 419.8 May 11 420.0 Jun 11 420.0 Jul 11 420.0 Aug 11 420.0 Sep 11 420.0 Oct 11 420.0 Nov 11 420.0 Dec 11 420.0 Jan 12
      122 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      81 30 Mar 14 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****F 16.06.2011 0.30 0.27 0.25 1-Year BY*****N 01.11.2011 0.38 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.52 5-Year N*****0S 2.875 01.07.2015 107.77 107.80 107.80
      81 words
    • Article
      Lock icon CHICAGO BOT
      107 30 Mar 11 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 11 1326.50 1348.75 1339.25 1310.00 May 11 1334.50 1355.50 1359.50 1305.00 Jul 11 1342.50 1363.75 1368.00 1313.50 Aug 11 1336.25 1357.25 1358.75 1320.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 11 55.49
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 30 CRUDE OIL PRODUCTS Mar 11 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 114.17 -0.05 WTI (Near Mth) 100.92 -1.68 Dubai (1-Mth F) 108.06 -1.81 Tapis blend 118.94 -1.19 Minas 115.04 -1.19 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 107.78 -3.00 Jet Kerosene 130.70 -1.10 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2577 30 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 22.5 1 10 -4 1.51 56 Asia-Pacific Strategic W*****6 28 1 2 1 150 5 6.07 38 ASJ Hldgs W*****1 1 -0.5 150 1 4 11 4.50 11
      2,577 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 30 Mar 14 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.323 1.249 Can dollar 1.327 1.276 Euro 1.8 1.731 Sterling pound 2.077 1.998 NZ dollar 0.963 0.918 US dollar 1.288 1.239 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 30 Mar 14 Open High Sett STI Mar 3026 SIMSCI Mar 357.1 359.6 357.5 Taiwan Mar 302.5 304.8 302.6 Source: MF Global (S) Pte. Ltd
      27 words
    • Article
      Lock icon PALM OIL
      67 30 Mar 14 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 11 3380 3375 3380 3350 233 926 Apr 11 3369 3363 3380 3316 3037 ***** May 11 3335 3335 3359 3281 ***** ***** Jun 11 3308 3315
      67 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      478 30 Mar 14 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar11 99.6910 0 4827 Jun11 99.6450 0 2107 Sep11 99.5700 0 3914 Dec11 99.4450 0 4020 EUROYEN TIBOR FUTURES Mar11 99.6650 266 6663 Jun11 99.6700 1265 2945 Sep11 99.6625 0 866 Dec11 99.6500 99.6625 99.6500 99.6475 7
      478 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 30 Mar 14 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.984 6.641 0.725 7.868 45.442 88.652 0.830 11.362 3.070 1.365 86.339 44.033 1.283 6.992 0.939 29.837 30.700 0.629 1.010 Canada 1.016 6.748
      464 words
    • Article
      Lock icon SIBOR
      85 30 Mar 14 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon PRECIOUS METALS
      138 30 Mar 14 GOLD (US$/oz) Mar 14 Mar 11 Hong Kong 1426.00 1417.50 Mar 11 Mar 10 London 1409.56 1407.20 1410.33 1408.10 Source: Thomson Reuters CAST BAR Mar 14 (S$) Selling Buying Kilobar 62,388.49 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 140 58 5gm 397 291 10gm 709
      138 words
    • Article
      Lock icon LONDON METALS
      71 30 Mar 11 Mar 11 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2512.00 2553.00 3 months 2545.00 2586.00 Copper, Grade A (US$/tonne) Cash 9172.00 9173.00 3 months 9190.00 9191.00 Lead (US$/tonne) Cash 2439.50 2444.00 3 months 2427.00 2430.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 30 Mar 14 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2822 1.2839 1.0098 1.0103 Canadian dollar 1.3032 1.3046 1.0263 1.0266 Euro 1.7682 1.7704 1.3925 1.3931 NZ dollar 0.9389 0.9408 0.7394 0.7403 Sterling pound 2.0392 2.0413 1.6059 1.6063
      154 words
    • Article
      Lock icon LIFFE
      82 30 Mar 11 COCOA (£/tonne) Close Prev High/Low Mar 11 2216 2239 2218/2187 May 11 2226 2244 2235/2190 Jul 11 2206 2221 2210/2172 Sep 11 2191 2208 2195/2164 COFFEE (US$/tonne) Close Prev High/Low Mar 11 2380 2465 2416/2374 May 11 2421 2508 2488/2390 Jul 11 2404 2475 2455/2371 Sep 11
      82 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Raffles Place office rentals post slow growth in Q1
      504 31  -  Leasing momentum also sees slower growth since the start of 2011 By KALPANA RASHIWALA THE pace of office rental growth in the Raffles Place area has slowed in the first quarter of this year along with a slowdown in leasing activity.
      Source: Knight Frank Research  -  504 words
    • Article, Illustration
      Lock icon Demand rises for high-specs space
      1419 31  -  The growing acceptance of such industrial space as alternative office premises should not be viewed as a threat to the office market, say DOREEN GOH and MICHELLE TEE DOREEN GO H, MICHELLE TEE Doreen Goh is senior manager and Michelle Tee is senior research analyst,
      Source: Colliers International Singapore Research/URA  -  1,419 words
    • Article, Illustration
      Lock icon Lippo, CLSA sell out of Holland Collection
      473 32  -  Straits Trading said to be paying over $50m or close to $1,600 psf for the last 14 units By KALPANA RASHIWALA A JOINT venture between Lippo Group and CLSA Capital Partners has sold the remaining 14 units in the 26-unit freehold development The
      FILE PHOTO  -  473 words
    • Article, Illustration
      Lock icon Spotting the trends in commercial units
      1538 32  -  On the back of healthy economic growth and investor confidence, commercial deals will continue to be robust, says MARY SAI MARY SAI The writer is executive director, Auction (Commercial), Knight Frank IN the pre-war years, commercial retail space and residential properties were integrated by
      Source: URA Realis, Knight Frank Research  -  1,538 words
    • Article
      Lock icon Japan’s property firms checking for damages
      197 32 Bloomberg [TOKYO] Daikyo, Japan’s top seller of apartments and investment trusts including Japan Logistics Fund, are among the real estate companies checking whether any of their buildings were damaged in Japan’s strongest earthquake. Tokyo-based Daikyo said it hasn’t been able to confirm whether its
      Bloomberg  -  197 words
  • Page 31 Advertisements
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      Lock icon Page 31 Advertisements Column 1
      83 31 For Sale By Tender District 10 Prestigious Good Class Bungalow at Dalvey Road 2-storey Balinese Designed detached house on elevated land Site Area: approx 15,081 sq ft Tenure: Freehold Within “White House Park” Good Class Bungalow Area, under Master Plan 2008 Total Floor Area: approx 8,680 sq ft Selling with
      83 words
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      Lock icon Page 31 Advertisements Column 2
      198 31 W* Knight *4 Frank Estate Agents Licence No. L*****36J FOR SALE BY TENDER Freehold Redevelopment Site s t Located along Changi Road Land area: 2,455.7 sq m (approx. 26,433 sq ft) Master Plan 2008 "Hotel" Possible change of use to 'Commercial' with GPR 3.0, subject to approval from relevant authorities
      198 words
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      Lock icon Page 31 Advertisements Column 3
      172 31 RARE DETACHED FACTORY (a CHANGI 4-storey industrial building Business 2 Zone Gross Floor Area: 75,000 sqft Land Area: 47,000 sqft 2 Cargo and 2 Passenger Lifts Loading bays with dock levelers Maverick Li CEA Reg. No. R*****8A Brenda Ong CEA Reg. No. R*****4Z www.colliers.com/singapore 9069 0053 9616 3336 Colliers Australian
      172 words
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      Lock icon Page 32 Advertisements Column 1
      51 32 Kallang Cricket Ground Mountbattene Geylang Sungei Dunman High School Rhu Road Meyer Road TanjongKallang Expressway(KPE) East Coast Parkway(ECP) Stadium MRT Mountbatten MRT Chung Cheng School Sungei Geylang The Fortredale Road F o r t R o a d Singapore Swimming Club Katong Park Marina Bay Golf Course East Coast Park
      51 words
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      Lock icon Page 32 Advertisements Column 2
      111 32 The Adelphi Strata Offices For Sale A Rare and Unique Investment Opportunity Sammi Lim CEAReg. No.: R*****9J 9368-9803 Low Choon Sin CEA Reg. No.: R*****5H 9841-0006 1 999-year land tenure 1 Within the Central Business District and close proximity to Raffles Place Next to City Hall MRT Station 1 Imminent
      111 words