The Business Times, 28 October 2011
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2011-10-28
1
46
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section23 2011-10-28 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Friday, October 28,23 words
-
Article, Illustration907 2011-10-28 1 NEIL BEHRMANN - Accord reached on 50% Greek haircut, recapitalisation of weak banks, levering up of bailout fund B y NEIL BEHRMANN in London SCEPTICS who thought eurozone leaders could not pull off a deal to address the region’s financial crisis had to eat humble pie at907 words
-
568 2011-10-28 1 LYNN KAN - But extent, timing of expected H2 2012 pick-up hinges on US, eurozone events By LYNN KAN [SINGAPORE] Expect “stalled” or weak growth over the next few quarters, before the Singapore economy makes a modest recovery in the second half of568 words
-
Article143 2011-10-28 1 GST INDEX 2,847.57 (+77.63) GST INDEX FUTURES 2,848.00 (+78.00) GSIMSCI 327.88 (+9.29) GSIMSCI FUTURES 329.10 (+9.90) FOREX US$ S$ US$ (S$ per US$) 1.258 (US$/S$ per 1.600 2.014 EURO (US$/S$/E) 1.401 1.763 Foreign currency per US$ S$ YEN 75.90 60.30 RM 3.111 2.473 HK$ 7.772 6.177 BAHT 30.68143 words
-
Article, Illustration44 2011-10-28 1 THESE four journalists from The Business Times share a common love for a good story. For their top-notch reporting work, they were honoured by the Securities Investors Association of Singapore (SIAS) last night for excellence in financial journalism. ARTHUR LEEARTHUR LEE - 44 words
-
Page 1 Advertisements
-
Advertisement16 2011-10-28 1 SIAS INVESTORS’ CHOICE AWARDS 2011 The spirit of the law; the winners; corporate governance PAGES 25-3116 words
-
Advertisement120 2011-10-28 1 EXEC LIFESTYLE Making a killing on Halloween PAGE 46 SANTOS-DUMONT SKELETON 9611 MC THE CARTIER CALIBRE 9611 MC FEATURES AN EXCLUSIVE SKELETON MOVEMENT. THE BRIDGE SKELETON, USING ROMAN NUMERALS, PROVIDES A UNIQUE DISPLAY AND TIME READABILITY. THE COMBINATION OF THE OUTLINE CASING OF THE SANTOS-DUMONT WATCH AND THE PURITY OF120 words
-
Advertisement23 2011-10-28 1 MUSIC A rare treat of Bach, Bartok and Schumann PAGE 44 US economy powers ahead in Q3 with 2.5% growth I PAGE 2423 words
-
-
TOP STORIES
-
512 2011-10-28 2 CONRAD TAN - WMI reviewing training curriculum for professionals in the industry By CONRAD TAN [SINGAPORE] The Wealth Management Institute (WMI) is reviewing its standards and curriculum for training private bankers and other wealth-manage-ment professionals to prepare them for a more difficult investing environment. Wealth512 words
-
Article, Illustration447 2011-10-28 2 CONRAD TAN - US, Europe likely to face long slog ahead in reducing debt By CONRAD TAN [SINGAPORE] Europe has the necessary resources to stop the sovereign debt crisis there from spiralling out of control, but it needs to muster the political will and447 words
-
Article555 2011-10-28 2 Global markets toast European debt deal SCEPTICS who thought eurozone leaders could not pull off a deal to address the region’s financial crisis had to eat humble pie at 4am in Brussels. The preliminary agreement, though lacking in important details, was obviously good enough for the markets for555 words
-
507 2011-10-28 4 CONRAD TAN - It also mulls harsher penalties to deter money laundering, terrorism financing By CONRAD TAN [SINGAPORE] Singapore will soon make it a crime to launder the proceeds from tax offences, to keep its financial centre clean. Monetary Authority of Singapore (MAS) managing507 words
-
559 2011-10-28 4 JAMIE LEE - By JAMIE LEE [SINGAPORE] A group of 49 CK Tang minority shareholders yesterday rejected an offer to have their shares cancelled at $2 apiece. Some of them present at the meeting including a bloc that together hold about half a million shares559 words
-
349 2011-10-28 4 JAMIE LEE, KELLY TAY - By JAMIE LEE, KELLY TAY [SINGAPORE] Final recommendations to changes in Singapore’s Code of Corporate Governance are set to be announced by year-end, Minister of State for Finance and Transport Josephine Teo said yesterday. The Corporate Governance Council is now reviewing feedback it received in349 words
-
372 2011-10-28 4 CARINE LEE - By CARINE LEE [SINGAPORE] The Business Times online edition clinched the top spot in the business and finance category as Singapore’s most preferred digital platform for marketers, Marketing Magazine said yesterday. In its annual Digital Media of the Year Awards, it said BT’s372 words
-
Article, Illustration828 2011-10-28 4 JAMIE LEE - They win all four awards that honour the best in business reporting in S’pore By JAMIE LEE [SINGAPORE] Journalists from The Business Times swept all four awards from the Securities Investors Association (Singapore), or SIAS, that honour the best in Singapore’s business reportingARTHUR LEE - 828 words
-
-
Page 2 Advertisements
-
Advertisement186 2011-10-28 2 Ready For Home Entertainment That's LARGER Than Life? Parrot BY S+ARCK rarl ...r "3 0 Bluetooth is V MiPod iPhone M vm A Wireless Stereo System $2688 designedbyPhilippeStarck UP $2999 Since our inception in 1998, we have commissioned over 7000 residential and commercial projects, from luxury yacht to 60-seat private186 words
-
Advertisement16 2011-10-28 2 $35 $35 nettsetlunchperpersonat JiaWeiChineseRestaurant(MondaytoFriday). nettbuffetlunchordinnerperperson atFeast@EastBuffetRestaurant GrandMercureRoxySingaporepresentsaspecialofferof$35nett perpersonforlunchanddinnerexperiencesyoucannotaffordtomiss! CelebrateTheBusinessTimes’35thanniversarywithagastronomicfeast atJiaWeiChineseRestaurant&Feast@EastBuffetRestaurant. Termsandconditionsapply. THEBUSINESSTIMES th Anniversary Diningdeals BesuretogetacopyofTheBusinessTimesWeekendtomorrowformoredetails.16 words
-
-
Page 3 Advertisements
-
Advertisement197 2011-10-28 3 True power and efficiency comes from more than just the engine. Change the game with the all-new, aluminium hybrid Audi A6, featuring the award-winning 2.0 TFSI® engine. If there’s one thing being a perennial winner at Le Mans has taught us, it’s that power and efficiency are not determined by197 words
-
-
Page 4 Advertisements
-
Advertisement94 2011-10-28 4 PRIME CAR PARK LOTS AVAILABLE! Season Parking Offer at SRC The Singapore Recreation Club, with its entrance along Stamford Road, is a private members’club with basement parking facilities. For a limited time only, we are offering season parking lots at SRC. Charges start from as low as $11 per day.94 words
-
-
COMPANY NEWS
-
526 2011-10-28 5 LYNETTE KHOO - It sees a ‘significant drop’ in Q3, 9-month revenues, net profits By LYNETTE KHOO ZIWO Holdings, a Chi-na-based producer of raw materials for sports apparel, has joined the string of S-chips that have of late issued profit warnings. The group said that based526 words
-
356 2011-10-28 5 KELLY TAY - By KELLY TAY OVERSEA-CHINESE Banking Corporation Ltd and its subsidiary, Lion Global Investors, yesterday announced the launch of a new unit trust: the LionGlobal New Target Return Fund. Designed for investors with a moderate risk appetite, the fund has an investment time frame356 words
-
382 2011-10-28 5 FELDA CHAY - Yesterday’s reaction comes after firm unveils plans for a sharply discounted rights issue By FELDA CHAY RUBBER plantation owner GMG Global’s shares recovered from an initial drop yesterday to close up 2.1 per cent after it unveiled plans to raise net proceeds of $344.1382 words
-
Article, Illustration374 2011-10-28 7 MINDY TAN - Net property income was $31.7m and income available for distribution, $24.8m By MINDY TAN MAPLETREE Commercial Trust (MCT) yesterday announced a distribution per unit of 1.333 cents for the second quarter ended September, beating its forecast DPU of 1.218 cents by 9.4 per374 words
-
309 2011-10-28 7 MICHELLE TAN - By MICHELLE TAN MICRO-MECHANICS (Holdings) Ltd’s net profit fell a sharp 37.5 per cent to $1.24 million for the first quarter ended Sept 30, 2011, from $1.99 million a year ago. Contributing to this was an 11.2 per cent year-on-year drop in revenue to $10.4309 words
-
Article373 2011-10-28 7 KALPANA RASHIWALA - Net profit of $25.1 m against $6.58m for year-ago quarter By KALPANA RASHIWALA WING Tai Holdings posted group net profit of $25.1 million for the first quarter ended Sept 30, 2011, 3.81 times that of $6.58 million for the same year-ago period. Revenue climbed 59373 words
-
Article354 2011-10-28 8 MINDY TAN - IPO consists of 80m new and 67m vendor shares at 94 cents apiece By MINDY TAN DEPARTMENT store operator Parkson Retail Asia yesterday launched its initial public offering (IPO) of 147 million shares at 94 cents each for a Singapore Exchange (SGX) mainboard listing. The354 words
-
306 2011-10-28 8 MICHELLE TAN - By MICHELLE TAN CACHE Logistics Trust has achieved a third-quarter distribution per unit (DPU) of 2.095 cents, up 8 per cent from 1.94 cents a year ago. This translates to an annualised DPU of 8.312 cents, which implies a yield of306 words
-
Article, Illustration464 2011-10-28 8 MINDY TAN - OSIM’s Sim holds stake in the entity; Pua, Sim also linked to a nearby project By MINDY TAN SUNTEC Real Estate Investment Trust (Suntec Reit) is selling Chijmes for $177 million to an entity whose shareholders include Pua Seck Guan’s PerennialFILE PHOTO - 464 words
-
COMPANY BRIEFS
-
48 2011-10-28 8 CENTILLION Environment Recycling has appointed Simon Eng, 52, as executive director and chairman. The company also said that Chng Weng Wah has resigned as acting CEO and ceased to be chairman of the company. He remains as a director of the company.48 words
-
58 2011-10-28 8 MEMTECH International has warned that its “satisfactory performance” for the third quarter of 2011 will be “significantly impacted by an unexpected unrealised exchange loss”. This is due to the sharp depreciation of the Singapore dollar against the US dollar in September 2011. It58 words
-
55 2011-10-28 8 CIMB analysts yesterday maintained its underperform rating on Suntec Reit with a revised target price of $1.18, down from $1.21. “While any plans to rejuvenate the mall would be positive, we believe material improvements would take time and could entail near-term income disruptions,”55 words
-
67 2011-10-28 8 CHINA Essence Group Ltd has warned that it expects to register a net loss for its fiscal second quarter and first half year ended Sept 30, 2011. This is largely due to unexpected sharp movements in the prices of potatoes and potato67 words
-
-
-
Page 5 Advertisements
-
Advertisement934 2011-10-28 5 INITIAL PUBLIC OFFERING PARKSON Buying Into Asia's Dynamic Retail Growth PARKSON rM Parkson Retail Asia Limited (Company Registration No. *****7706H) (Incorporated in Singapore with limited liability on 31 March 2011) Offering in respect of 147,000,000 Offering Shares (subject to the Over-allotment Option) Offering Price: S$0.94 per Offering Share CORPORATE PROFILE934 words
-
-
Page 6 Advertisements
-
Advertisement69 2011-10-28 6 at as# E IS SPH I nve I2tn SlAS med na Elec on rnaiistb$ C avv^ S Mil J vwStP rt,:201 20 1 1 r« u SJCwT sto^^Vw^catefl^ MfffP Times Year lanSR Esther Teo.The Straits Ti mes promising Journalist of the Year -f t>4 L< Joyce Hooi, The Business Times69 words
-
-
Page 7 Advertisements
-
Advertisement115 2011-10-28 7 5 CD 3 oo vH One string for each note Seven strings in harmony Investment Solutions: AXA Investment Managers' Melody Fixed Income An AXA Investment Managers Expertise SlRosenberg An AXA Investment Managers Company SlFramlington An AXA Investment Managers Expertise I -i IB SI sr ¥> 1 I An AXv W115 words
-
-
Page 8 Advertisements
-
Advertisement58 2011-10-28 8 SOUND SLEEP At Eastin Hotel Petaling Jaya, our 388 rooms are completely renovated and refurbished to provide you with luxurious comfort and convenience, ensuring you a deeper and refreshing sleep after a busy and stressful day. Come and experience this totally new soothing ambience, perfect for the discerning business leisure58 words
-
Advertisement124 2011-10-28 8 KEPPEL LAND LIMITED (Co. Reg. No. *****0001G) (Incorporated in the Republic of Singapore) LOST CERTIFICATE Application has been made to the Directors of the abovenamed Company to issue a replacement certificate in place of the following certificates in the name of TAN CHONG GOON which have been reported lost or124 words
-
Advertisement188 2011-10-28 8 www.f asci n at ing. travel Ultimate Dream Escapes.... 3D Luxurious Retreats Bali Lombok The Semara Seminyak fr$498 Karma Jimbaran +1N FREE The Leopard Package fr$528 Karma Kandara +1N FREE The Oberoi Lombok fr$648 The Elysian Pool Villa +1N FREE The Kayana Villa fr$568 fr$648 fr$788 688 The Bale Pavilion188 words
-
-
SINGAPORE NEWS
-
415 2011-10-28 9 NISHA RAMCHANDANI - Delinquency rates still low at 2.49%; young motorists have highest rate By NISHA RAMCHANDANI AS COE premiums continue to spiral upwards, motorists are chalking up heavier loans, though the demand for new vehicle loans is also falling. According to the Credit Bureau415 words
-
410 2011-10-28 9 TEH SHI NING - By TEH SHI NING in Perth SINGAPORE’S readiness to react to rapid global change depends in part on its network of Singaporeans living and working abroad, Prime Minister Lee Hsien Loong said yesterday evening. He was speaking to some 130 such Singaporeans in Perth, Australia,410 words
-
363 2011-10-28 9 LEE U-WEN - He will be resident in Singapore, says Ministry of Foreign Affairs By LEE U-WEN ZAINUL Abidin Rasheed has been appointed by the government to be Singapore’s next ambassador to Kuwait. The 63-year-old a member of the ruling People’s Action Party (PAP) team that363 words
-
511 2011-10-28 11 MALMINDERJIT SINGH - Minister says similar traits could help both ‘gateway economies’ achieve synergy By MALMINDERJIT SINGH CAPE Town could act as a springboard for Singapore businesses to expand into the rest of Africa. Alan Winde, minister of finance, economic development and511 words
-
480 2011-10-28 11 MINDY TAN - By MINDY TAN MORE than half (53 per cent) of Singapore parents do not have individual term life insurance. And of those who do have financial plans for their families, 24 per cent do not have any type of life insurance included in their plans.480 words
-
SINGAPORE ROUNDUP
-
Article56 2011-10-28 11 THE Singapore Tourism Board (STB) yesterday unveiled a new free mobile application for iPhone and Android smartphones. Named YourSingapore Guide, the app will enable visitors to access the latest and essential information about Singapore while they explore the island. It was jointly developed with partners56 words
-
58 2011-10-28 11 RAFFLES Institution (RI) has engaged NEC Asia-Pacific to implement a real-time energy monitoring solution, NEC Starlight Energy Monitoring Solution, across its entire campus as part of the school’s continuous efforts to create a more environmentally friendly environment. The implementation of such technology across the entire58 words
-
65 2011-10-28 11 NSS Properties Pte Ltd has won the tender for a 25,960.4 square metre industrial site located at Kaki Bukit Road 4 from the Urban Redevelopment Authority (URA). It made the highest bid for the site at $66 million, which translates to $1,271.17 per65 words
-
-
316 2011-10-28 11 DOLLY CHIA - Turkey Fair at NTUC FairPrice features dozens of food items By DOLLY CHIA THE start of the inaugural “Turkey Week” yesterday kicked off the commemoration of the 88th anniversary of the Proclamation of the Republic of Turkey. With an aim to promote better316 words
-
-
Page 9 Advertisements
-
Advertisement268 2011-10-28 9 iNutritionPark.coml LONGEST WARRANTY! LOWEST PRICES PROSTAR WHEY PLATINUM SERIES (5LBS) SUPER SHAKER UPS20 $6. UoT? GREEN MAGN TUDE (1.84LBS) 25g of protein, 6g of BCAA. 2g of carbs per serving. 80 servings per tub. Patented formula to improve strength, stamina, performance muscle WHEY SUPREME 5LBS DIET RIPPED (120 CAPSULES) lEE268 words
-
Advertisement1679 2011-10-28 9 >**' «ATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PHARMA 2000 PTE LTD (Company Registration No: *****1585C) (In Members’Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly1,679 words
-
Advertisement495 2011-10-28 9 FREEHOLD New Launch at NEWTON D11 Mins Walking to NOVENA MRT NEWTON MRT Mins to MALLS United Square, Velocity, Novena Square 2 Mins Drive to Orchard CBD City, IR. Access to CTE, PIE, KPE. 1 km to ACS (Anglo-Chinese School) Primary ST JOSEPH, SCGS High Rental Yield Great Capital Appreciation495 words
-
Advertisement17 2011-10-28 9 Greener Pastures I Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices17 words
-
-
SINGAPORE MARKETS
-
Article, Illustration592 2011-10-28 10 R SIVANITHY - Turnover rebounds to a healthy $2.1 billion as investors cheer the market-friendly news from Europe STOCKS R SIVANITHY Senior Correspondent NEWS from Europe that fresh bailout measures had been agreed on Wednesday brought the buyers of stocks back yesterday, sending the Straits Times IndexSource: Bloomberg - 592 words
-
Article186 2011-10-28 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 3 1 0 0 0 10 3 1 Manufacturing 96 19 34 3 6 6 99 25 40 Commerce 36 8 10 9 1 1 45 9 11 Tpt/Stor/Comms 31 5 7186 words
-
Article121 2011-10-28 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 52,788 52,788 144,754 144,754 Manufacturing 296,370 11,188 307,558 308,889 261 309,151 Commerce 239,213 10,103 249,316 323,739 1,046 324,785 Tpt/Stor/Comms 257,085 11,673 268,758 336,091 1,177 337,269 Finance 33,449 21 33,470 295,517 2 295,520 Construction 65,490 6,066121 words
-
Article114 2011-10-28 10 Stock name Close Change CapMallsAsia 1.295 +0.045 CapitaLand 2.590 +0.070 CapitaMall 1.895 +0.025 CityDev 10.570 +0.370 ComfortDelGro 1.410 +0.020 DBS Grp 12.590 +0.340 F&N 6.190 +0.080 GLP 1.710 +0.115 Genting SP 1.700 +0.065 Golden Agri 0.665 +0.025 HK Land 5.090 +0.290 JMH 49.020 +0.020 JSH 28.000114 words
-
Article66 2011-10-28 10 Oct 27 VALUE CLOSE BT OB/OS 765.00 +136.0 BT CADI -*****.00 +292.0 BT 10-day MA -*****.00 +77.00 FTSE ST Mid Cap 635.53 +16.80 FTSE ST Small Cap 432.12 +11.72 FTSE ST All Share 684.50 +18.57 FTSE ST China Top 200.45 +8.85 FTSE ST China 236.04 +9.15 FTSE66 words
-
Article59 2011-10-28 10 VOLUME Golden Agri 208,800,000 HanKore 144,110,000 Genting SP 123,553,000 IEV 112,401,000 Noble Grp 98,057,000 HPH Trust US$ 56,533,000 Yangzijiang 48,981,000 *Genting HK US$ 47,297,000 Midas 42,863,000 Sheng Siong 35,933,000 VALUE($) Genting SP 206,853,375 Noble Grp 152,814,040 Golden Agri 136,817,126 SingTel 108,424,930 DBS Grp 95,837,170 Keppel Corp 92,742,53059 words
-
BROKERS’ TAKE
-
Article, Illustration337 2011-10-28 10 Oct 27 close: $1.225 DBS GROUP RESEARCH, Oct 27 SUNTEC Reit’s gross revenue rose 7.4 per cent y-o-y to $67.9 million in Q3. However, net property income (NPI) fell by 5.6 per cent to $47.8 million due to higher property taxes and an enlarged portfolio following the acquisitionSource: Bloomberg - 337 words
-
Article253 2011-10-28 10 Oct 27 close: $1.07 KIM ENG RESEARCH, Oct 27 COSCO has delivered seven bulk carriers and two shuttle tankers in Q3 2011, as well as another four bulk carriers and a converted FPSO this month. However, it has been quiet on the new order front, capturing only one253 words
-
Article347 2011-10-28 10 Oct 27 close: $1.525 UOB Kay Hian Research, Oct 24 WE came away from our site visit to Causeway Point pleasantly surprised at the extent of the changes arising from its asset enhancement initiatives (AEI), which have resulted in close to 70 per cent new and upgraded347 words
-
-
Article, Illustration499 2011-10-28 10 CURRENCIES Reuters [LONDON] The euro hit a seven-week high against the US dollar yesterday and riskier currencies rallied, boosted by a deal to tackle the eurozone debt crisis that provided relief to sceptical investors and prompted an unwinding of bearish positions. The euro roseReuters; REUTERS - 499 words
-
Article119 2011-10-28 10 BY CENTS CLOSE UP GLD 10US$ ***** 634.0 3.1 DBXT Nifty 10US$ ***** 603.8 4.6 Jardine C&C 4605 285.0 6.6 DBXT AUDMM 5AU$ ***** 223.1 0.8 DBXT FTChina25 10US$ 2762 215.1 6.6 DBXT MSKorea 10US$ 5561 212.6 3.1 Lyxor AsiaCS 10US$ 5153 202.5 3.2 Lyxor AsiaMT 10US$ 5430 200.0119 words
-
Article126 2011-10-28 10 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 4222 -44.0 -0.8 Hyflux 6% CPS 10 ***** -40.0 -0.4 STI 2850BPePW*****9 20 -10.5 -34.4 DBS BP ePW*****2 42 -10.0 -19.2 STI 2750BPePW*****9 22.5 -7.5 -25.0 DBS MB ePW*****5 45.5 -7.0 -13.3 STI 2800BNPePW*****9 15.8 -5.7 -26.5 DBS MB ePW*****6 23126 words
-
-
Page 11 Advertisements
-
Advertisement183 2011-10-28 11 m m mUS? > Starry Night by Vincent, van Gogh, c. 1888-1889, Oil on canvas RMN (Musee d'Orsay) Herve LewandoWski C v We find beautiful ways to expand your perspective. At HSBC, we believe that when you see beyond your boundaries, you see new realities. As an international bank working183 words
-
Advertisement0 2011-10-28 11 <(^)}[:`",%*=!|~>&>[!_+\,=(~~@/0 words
-
-
ECONOMY WATCH
-
618 2011-10-28 12 ANTHONY ROWLEY - Bourse hits two-month high on eurozone progress; Tokyo says it may buy new bonds By ANTHONY ANTHONY ROWLEY in Tokyo THE Bank of Japan (BOJ) yesterday eased its monetary policy only marginally even while it sharply downgraded its forecast for the nation’s economy next year.618 words
-
Article, Illustration423 2011-10-28 12 Key interest rate expected to be unchanged at 3.25% AFP [SEOUL] South Korea’s economy grew at its slowest pace in three quarters in July-September due to weak consumer spending and a fall in corporate investment amid global economic gloom, theAFP; REUTERS - 423 words
-
Article, Illustration742 2011-10-28 12 Reuters [MUMBAI] India’s richest are getting poorer, according to Forbes, as falling stock prices, corruption scandals in Asia’s thirdlargest economy and a global slowdown wiped 20 per cent off the total value of the country’s 100 wealthiest in the last year. Mukesh Ambani, headReuters - 742 words
-
Article333 2011-10-28 12 Average after-tax income for the top 1% almost quadrupled from 1979 to 2007 AP [WASHINGTON] The richest one per cent of Americans have been getting far richer over the past three decades, while the middle class and poor have seen their after-tax household income doing nothingAP - 333 words
-
-
Page 12 Advertisements
-
Advertisement21 2011-10-28 12 How to run a business without running out of ideas SMENov/Decissueoutnow! Producedby +Aroundtheworldintheirshoes:Charles&Keithtracksacrosstheglobe. +0=4<;<<48,!<.",<41;19,!<.#’!4<<,1<;.1( +6.7<.1,".<;4<,-,45!41-2:;5-#,54<;.1!=;%!;1*=;14( +6.7<.!;&,:%3.:#%.<,1<;45-;!<#;2:<.#( +)4#<1,#;1"$.#!://,!!( AvailableatCaltex,Esso,ShellandSPCpetrolstations, 7ElevenandCheersstoresandleadingbookstores Tosubscribe($30forsixissuesdeliveredtoyourofficeorhome),pleasecall6388-3838. GetacomplimentarycopyifyouareaTNTclient,whilestockslast!21 words
-
Advertisement321 2011-10-28 12 [•■AT-3 NOTICES IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF UNIVERSE MARITIME PTE. LTD. MEMBERS’VOLUNTARYWINDING-UP At an Extraordinary General Meeting of the Company duly convened and held at 3 Shenton Way #03-01 Shenton House Singapore *****5 on 24 October 2011 at 11.00 a.m., the321 words
-
-
COUNTRY PROFILE: TURKEY
-
Article, Illustration1269 2011-10-28 13 VINCENT WEE - As it celebrates the 88th Anniversary of the Proclamation of the Republic of Turkey tomorrow, its ambassador to Singapore discusses the bilateral relationship. By VINCENT WEE By VINCENT WEE TURKEY has seen deepening ties with Singapore over the years and the nature as well1,269 words
-
Article, Illustration922 2011-10-28 14 VINCENT WEE - ‘The long distance between our two countries had been a hindrance in bringing our peoples socially together more often but people no longer see the distance as an impediment.’ Turkish ambassador Safak Göktürk The number of tourists visiting Turkey is on the rise,FILE PHOTO - 922 words
-
503 2011-10-28 14 VINCENT WEE - Food, music feature in week of activities to celebrate Turkey’s Republic Day By VINCENT WEE FOOD and music will feature prominently in the celebration of Turkey’s Republic Day here in Singapore, courtesy of the Turkish Embassy. To commemorate the 88th anniversary of the proclamation of503 words
-
Article, Illustration993 2011-10-28 16 VINCENT WEE - S’pore-Turkey trade and collaborations are also on the rise. Reports by VINCENT WEE by VINCENT WEE BILATERAL trade relations between Turkey and Singapore have grown from strength to strength over the years. This peaked in 2008, when for the first time, total trade crossed theFILE PHOTO - 993 words
-
Article, Illustration446 2011-10-28 16 It’s using S’pore as a base to seek regional investment AMONG the bigger Turkish companies in Singapore is Opet Trade (Singapore) Pte Ltd. The company, a unit of leading Turkish gasoil and gasoline distributor Opet Petrolculuk AS, was set up in April 2008 with446 words
-
323 2011-10-28 16 A LARGE part of the increase in Singa-pore-Turkey tourism can be attributed to the efforts of Turkish Airlines. It has a long presence in Singapore and this year the Star Alliance member celebrates 25 years of flights between the two countries. Singapore was the323 words
-
Article, Illustration504 2011-10-28 16 It’s using Republic to expand its business into Asia THERE is perhaps no better claim to fame and connection with Singapore for Turkish generator maker Genpower than the fact that it provided all the power requirements for Singapore’s F1 race. Genpower Asia504 words
-
Article, Illustration1412 2011-10-28 17 VINCENT WEE - Turkey’s exports have mirrored the growth of its GDP, tripling by end-2010 from 2002, reports VINCENT WEE reports VINCENT WEE TURKEY’S strong trade performance has been a key driver of its economic growth in the past eight years, and despite a setback in 2009 from the globalBLOOMBERG - 1,412 words
-
Article, Illustration1681 2011-10-28 18 VINCENT WEE - It has become the world’s 16th and Europe’s sixth largest economy with GDP approaching the US$1 trillion level, reports VINCENT WEE reports VINCENT WEE AMID the eurozone crisis sparked off by its neighbour Greece, Turkey stands out as an example of the new economic faceBLOOMBERG - 1,681 words
-
Article, Illustration647 2011-10-28 18 VINCENT WEE - By VINCENT WEE TAKING advantage of the upheaval in the global economic order, Turkey is planning bold moves in the financial industry. Among the biggest developments in the country is the Istanbul International Financial Centre (IFC). Realising that the world’s economic centre of gravity hasREUTERS - 647 words
-
-
Page 13 Advertisements
-
Advertisement67 2011-10-28 13 PIPINGSYSTEMS congratulates Turkey ontheoccasionofher 88thAnniversary Proclamationofthe RepublicofTurkey When it comes to QUALITY, VESBO® gives you the ASSURANCE you need. VESBO ASIA PTE LTD 15West Coast Highway #02-05 Pasir Panjang Building Singapore *****1 Tel: +65 *****235 Fax: +65 *****230 enquiry@vesbo.com NOVAPLAST PLASTIK SANVETIC A.S. Defterdar Mah. Otakcilar Cad. No: 80 Eyup67 words
-
Advertisement80 2011-10-28 13 "Milli Re" means many things in more than 50 countries. Leading reinsurance company in Turkey. Manager of the FAIR Reinsurance Pool since 1974, Milli Re is now offering capacity to the world markets with its 82 years of experience. IRI MiLLi RE Head Office: Magka Caddesi No: 35 §i§li *****80 words
-
-
Page 14 Advertisements
-
Advertisement101 2011-10-28 14 o POLIMER KAUCUK SANAYI VE PAZARLAMA A.S. is proud to commemorate the Republic Day of Turkey Our best wishes to the citizens of Turkey on this happy occasion We are proud to mark the BaaflypiCTi 3*5&*2m tri IBM of the foundin, the Republic v m Jf w mat V m101 words
-
-
Page 15 Advertisements
-
Advertisement131 2011-10-28 15 Europe s best airline. 18.8 million voted. One was named. Every year, Skytrax, the world's civil aviation audit and service benchmarking programme, announces the best in the airline business. They do this by simply asking frequent flyers. In 2010,18.8 million passengers were asked to choose their favorite airline in Europe.131 words
-
-
Page 17 Advertisements
-
Advertisement78 2011-10-28 17 TURKISH NATIONAL DAYS SINGAPORE 27-29 OCTOBER 2011 THANK You SINGAPORE! 70 COUNTRIES IN THE WORLD ENJOY THE UNIQUE TASTE OF RAVIKA OLIVE OIL. JUST LIKE YOU! £*V r .2 «r li; kxi j v* Oliue Oil B i M U ij/t« EXTRAVIRGIN 8 i BMME Gold^PTessed k Olive Oil Cold78 words
-
-
Page 19 Advertisements
-
Advertisement229 2011-10-28 19 -9H > ,-*i I- 11 1 *V I s \U P'M£ Vm 'ft UltfO Jim ra d >/' m •V +S 1POWERING AHEAD FOR FIFTH CONSECUTIVE YEAR AS TURKEY'S LEADING OIL COMPANY Congratulates The People of Turkey On their 88 th anniversary of the foundation of the Republic of Turkey229 words
-
-
Page 20 Advertisements
-
Advertisement38 2011-10-28 20 GENPOWER www.genpower.com.tr GEHERATOR 31 Jurong Port Road, Unit 06M-10 Jurong Logistics Hub, Singapore *****5 Tel: +65 6834 3433 Fax: +65 6834 3533 Email: sales@genpower.com.sg Website: www.genpower.com.sg GENPOWER GENERATOR Asia Pte Ltd ajfi ISO 9001:2008 OHSAS *****:2007 <T\F> IS*****1:200438 words
-
-
MALAYSIA/INDONESIA
-
Article, Illustration639 2011-10-28 21 Its head is confident there will be a lot of demand for power AFP [BAKUN DAM, Sarawak] The first turbine is spinning, electricity is pulsing out and the water level is climbing in the Borneo jungle behind Malaysia’s huge US$2.2 billion Bakun hydroelectricAFP - 639 words
-
226 2011-10-28 21 Reuters [JAKARTA] Bapepam-LK, Indonesia’s capital market regulator, has urged new brokerages coming into Southeast Asia’s biggest economy to stop “predatory recruitment” practices that could kill local broking houses, its chief said on Wednesday. Regulator chief Nurhaida told reporters it was hard toReuters - 226 words
-
525 2011-10-28 21 Move to avoid repeat of 1997/98 financial crisis when many banks failed Reuters [JAKARTA] Indonesia’s parliament yesterday approved a long-delayed bill creating a new regulator to oversee a growing financial industry in South-east Asia’s largest economy, part of global efforts to wardReuters - 525 words
-
-
Page 21 Advertisements
-
Advertisement184 2011-10-28 21 MACAU T IH IE RIGHT M II X O F BUSINESS LEISURE r Tk a .■.■.a .B.IM'H»I tftigMog *zz 1 I lira Macau is Asia's newest and most exciting destination for meetings and incentives with billions of dollars worth of new infrastructure underway. Nowhere in Asia has there been so184 words
-
Advertisement20 2011-10-28 21 vr I L, available at PARAGON SHOPPING CENTRE Tel: 6235 6588 LUXURY FASHION AT RESORTS WORLD™ SENTOSA Tel: 6723 801520 words
-
-
GREATER CHINA
-
555 2011-10-28 22 Costlier raw material and labour; weaker domestic growth, external demand Bloomberg [BEIJING] Chinese industrial companies’ profits grew at a slower pace in September as companies including Anhui Conch Cement Co and Aluminum Corp of China faced rising costs even as sales gained.Bloomberg - 555 words
-
-
Page 22 Advertisements
-
Advertisement445 2011-10-28 22 Wine, Dine I s REOPENING SPECIALS AND CELEBRATION INDULGENCE MENU FROM 1 OCTOBER TO 30 NOVEMBER 2011 UNVEILING THE NEW PEACH BLOSSOMS Newly renovated Peach Blossoms reopens with the debut of Chinese Executive Chef Chan Shun Wong from Hong Kong, who proudly carries on the tradition of serving authentic Cantonese445 words
-
-
WORLD
-
Article, Illustration622 2011-10-28 23 Its failure to reach agreement may lead to more credit-rating downgrades for US Bloomberg [NEW YORK] The congressional supercommittee seeking a long-term debt-reduc-tion deal remains at an impasse with a deadline near, and the prospect of failure is prompting concern about further downgradesBloomberg; PHOTO: AP - 622 words
-
581 2011-10-28 23 PAULINE NG - By in PAULINE NG in Kuala Lumpur OPPOSITION to common banking regulations, protectionism, a lack of promotion of the common market ideal and a general inertia are but some of the problems hindering the proposed economic integration of Asean, envisaged by581 words
-
Article, Illustration624 2011-10-28 24 With consumer and business spending up, picture looks brighter for Q4 Reuters [WASHINGTON] The US economy grew at its fastest pace in a year in the third quarter as consumers and businesses stepped up spending, creating momentum that could carry into theReuters; BLOOMBERG - 624 words
-
Article, Illustration470 2011-10-28 24 AFP [BRASILIA] Brazilian sports minister Orlando Silva, the man who was tasked with organising the 2014 World Cup, resigned on Wednesday to face corruption allegations, one day after the launch of a formal probe. Mr Silva is the fifth member of PresidentAFP - 470 words
-
CORPORATE NEWS
-
121 2011-10-28 24 Bloomberg [CHICAGO] Exxon Mobil Corp, the world’s largest oil company by market value, said that net income exceeded US$10 billion for a third consecutive quarter as crude prices rallied. Third-quarter profit rose to US$10.33 billion, or US$2.13 a share, from US$7.35Bloomberg - 121 words
-
120 2011-10-28 24 Bloomberg [LONDON] Royal Dutch Shell, Europe’s biggest oil company, said that third-quarter profit doubled as energy prices rose and it ramped up projects from Qatar to Canada. Net income increased to US$7 billion from US$3.5 billion a year earli- er, The Hague-basedBloomberg - 120 words
-
143 2011-10-28 24 Bloomberg [SAN FRANCISCO] Visa Inc, the world’s biggest payments network, posted a fiscal fourth-quarter profit that exceeded analysts’ estimates as credit-card spending climbed faster than debit. Net income for the three months ended Sept 30 rose 14 per cent toBloomberg - 143 words
-
109 2011-10-28 24 High commodity costs affect Procter Gamble profit AFP [NEW YORK] US consumer products giant Procter Gamble said yesterday that profit fell 2 per cent in its latest quarter, under pressure from higher commodity costs. The maker of Crest toothpaste, Braun shavers and other global brands reported fiscal first-quarter net earningsAFP - 109 words
-
-
425 2011-10-28 24 Market opened for brief 2-hour session, closing 2.5% higher AFP [SYDNEY] Almost a full day’s trading was lost on the Australian Stock Exchange yesterday after a major technical glitch delayed the open by four hours, frustrating investors ahead of a major European debtAFP - 425 words
-
-
Page 23 Advertisements
-
Advertisement466 2011-10-28 23 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TORRIDON PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****5430G NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 1 Raffles Place #32-00 One Raffles Place Singapore *****6 on the 21st466 words
-
Advertisement238 2011-10-28 23 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SCION INVESTMENT MANAGEMENT PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NO. *****9234C NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the Members of the abovenamed238 words
-
Advertisement521 2011-10-28 23 WATd MOTTrP S W J ll www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF INDIGO PACIFIC PARTNERS PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NO. *****0611G Extract of the Minutes of an Extraordinary General Meeting of INDIGO PACIFIC PARTNERS PTE LTD signed521 words
-
Advertisement1027 2011-10-28 23 Consolidated Balance Sheets As of March 31 Mizuho Financial Group, Inc. Millions of Yen 2011 2010 Assets Cash and Due from Banks 9,950,913 5,211,477 Call Loans and Bills Purchased 375,716 605,238 Receivables under Resale Agreements 7,467,309 7,129,676 Guarantee Deposits Paid under Securities Borrowing Transactions 6,541,512 5,744,901 Other Debt Purchased 1,667,8081,027 words
-
-
Page 24 Advertisements
-
Advertisement884 2011-10-28 24 MAT?} NOTICES IN THE MATTER OF THE COMPANIES ACT, CAR 50 AND IN THE MATTER OF MAVERIC LTD. (In Members' Voluntary Liquidation) Reg No. *****1583G NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at Mandarin Orchard Singapore, Grange Ballroom, Level 5 Main884 words
-
Advertisement1268 2011-10-28 24 ir/J ealiri6100O08O THE.LEADING BUNGALOW SPECIALIST I ££g Daly.eviEstate *****7.6800 ask "(?am d e h] Ra r gsooTas k$2q M sHIlnfl ;v wv Holland ***** 5000 ask$33M L*****0 Nostalgic Cottage (a) Kilburn Estate Buildfan empire on this *****sqft landj sprawling through a hilltop with a view that is breathtakingly awesome Victoria1,268 words
-
-
SIAS INVESTORS' CHOICE AWARDS 2011
-
Article, Illustration720 2011-10-28 25 JAMIE LEE - This comes amid evidence that most S’pore-listed firms are doing the bare minimum in corporate governance pursuits. By JAMIE LEE TIGHTER rules that are being proposed will give corporate governance here a boost, but there is still some way to go, according toFILE PHOTO - 720 words
-
Article, Illustration1007 2011-10-28 26 JAMIE LEE - Companies that make transparency a priority are recognised. By JAMIE LEE By JAMIE LEE THIS is the time of the year when companies that have made openness a priority are recognised for their efforts by the Securities Investors Association (Singapore), or SIAS. The shareholder rights advocacy bodyBLOOMBERG AND FILE PHOTOS - 1,007 words
-
Article, Illustration693 2011-10-28 28 JAMIE LEE - For its efforts, it wins the S’pore Corporate Governance Award this year. By JAMIE LEE THE board of Fraser and Neave (F&N) which won the Singapore Corporate Governance Award this year details a clear corporate governance framework that covers 15 principles, itsBLOOMBERG FILE PHOTO - 693 words
-
Article663 2011-10-28 28 JAMIE LEE - By JAMIE LEE SINGTEL has won the inaugural Internal Audit Excellence Award this year a nod to its efforts in risk management practices, especially with the internal audit unit set up way before the current attention on internal auditors came about. The internal audit663 words
-
Article, Illustration852 2011-10-28 30 ANDREW MARTIN - Quality and integrity of board members are vital. By ANDREW MARTIN The writer is principal at Baker McKenzie. Wong Leow RECENT allegations about overpayments for assets and excessive advisory fees at a Japanese multinationalhave once again brought corporate governance at Asian companies into sharp focus. WhileSTOCK.XCHNG - 852 words
-
599 2011-10-28 30 LOH UANTCHERN - By LOH UANTCHERN The writer is president of the Institute of Internal Auditors Singapore POINTILLISM is a style of painting where tiny dots of colour are used to form a picture. Georges Seurat, the French painter who created this form of599 words
-
Article, Illustration1117 2011-10-28 31 LAWRENCE LOH - It is important to embed a culture of investor-centricity among boards and companies, says LAWRENCE LOH LAWRENCE LOH The writer is a researcher with the Centre for Governance, Institutions and Organisations of the NUS Business School, where he leads studies on corporate governance SINCE theSTOCK.XCHNG - 1,117 words
-
-
Page 25 Advertisements
-
Advertisement26 2011-10-28 25 MOST TRANSPARENT COMPANY AWARD Property Category CapitaLand Winner for 11 th Consecutive year REITs Category CapitaMall Trust (Runner-up) Hotel and Restaurant Category Ascott Residence Trust (Runner-up)26 words
-
-
Page 26 Advertisements
-
Advertisement63 2011-10-28 26 -V The future presents an 1 inspiring challenge In our area of specialisation, we are well on the path to becoming a recognised global leader. The technical and business skill sets that Rotary has built over the years will continue to evolve, and with the energy, intelligence and ambition in63 words
-
-
Page 27 Advertisements
-
Advertisement443 2011-10-28 27 I SIAS CHOICE AWARDS 2011 SIAS Congratulates Winners of 12™ INVESTORS' CHOICE AWARDS 2011 Towards Excellence In Corporate Governance Transparency SINGAPORE CORPORATE GOVERNANCE AWARD 2011 DBS Al» Living, Breathing Asia INTERNAL AUDIT EXCELLENCE AWARD 2011 Winner K SingTel Runner-up DBS Living, Breathing Asia Merit Winners SinGAPORE AIRLinES wilmar (An Affiliate443 words
-
-
Page 28 Advertisements
-
Advertisement164 2011-10-28 28 Tat Hong Holdings Ltd is proud to be recognised as the Most Transparent Company (Construction Category) at the SIAS 12 th Investors' Choice Awards 2011 W ,hJ4 <VZ=— is silmttSP za IElie Established almost half a century ago in Singapore, Tat Hong has accumulated a wealth of experience in the164 words
-
Advertisement46 2011-10-28 28 J I SIAS INVESTORS' CHOICE AWARDS Mapletree Commercial Trust Most Transparent Company Award 2011 Runner-up, New Issues Category With thanks to SIAS and our Investors for recognising our commitment to good corporate governance and transparency as a public-listed real estate investment trust. mapleiree commercial s A46 words
-
-
Page 29 Advertisements
-
Advertisement129 2011-10-28 29 We believe in giving a true sense of who we are. Thank you for recognising us for being ourselves once again. At Sembcorp, we strive not only to deliver essential solutions to our partners, but also to give our stakeholders an accurate, coherent and balanced account of our company and129 words
-
-
Page 30 Advertisements
-
Advertisement49 2011-10-28 30 t I SIAS INVESTORS' CHOICE AWARDS Congratulations to Phillip Securities for winning the BEST RETAIL BROKER AWARD for two consecutive years in 2010 and 2011. J 0 p XL A -55" 1 Best wishes from: briq Your communication/ www.chartnexus.com fidelity WORLDWIDE INVESTMENT First State Investments &TS THOMSON REUTERS iBMiBi49 words
-
-
Page 31 Advertisements
-
Advertisement130 2011-10-28 31 T I Kami is ms Ship Conversion Offshore i*ui Shipbuilding igjlBMi I If" WJt v ■."SSiixl -S Rig Building 3^ Offshore Engineering p <. Construction Mm Ship Repair *T -I w% ■■J: ■xy >4 L.i "«r ■if. H mm® ■r. 1 sembcorp marine A leading global marine and offshore engineering130 words
-
-
FOCUS: CEO SPEAK
-
Article, Illustration1010 2011-10-28 32 Even the corporate profit outperformers don’t stick their neck out Reuters [BOSTON] Spend a little time with the average US chief executive and you’ll see someone who seems pretty confident who spends the day making decisions and giving orders, and not aReuters; REUTERS - 1,010 words
-
-
Page 32 Advertisements
-
Advertisement12 2011-10-28 32 ASIA MIDDLE EAST EUROPE NORTH AMERICA SOUTH AMERICA ©2011 Hilton Worldwide conradhotels.com12 words
-
Advertisement41 2011-10-28 32 j> M--? TO j O FIND THE ONES THAT FIT! Recruit the right people 33 U "7 V/3 rxJ L through CATS Recruit. Call 1800 289 8822 or email recruit@sph.com.sg to advertise. 1 u 31 ~J 1 s > BEATS RECRUIT I41 words
-
-
AVIATION/SHIPPING
-
Article443 2011-10-28 33 Airline has cut a planned increase in winter capacity Bloomberg [FRANKFURT] Deutsche Lufthansa AG, Europe’s sec-ond-biggest airline, said third-quarter earnings dropped 27 per cent, missing estimates, as a slowing economy hurts bookings. Operating profit fell to 575 million euros (S$1 billion) from 783 million eurosBloomberg - 443 words
-
Article, Illustration589 2011-10-28 33 Bloomberg [LONDON] The global airline industry may stop losing money because of the need to buy European Union carbon permits in 2014 as air fares rise to more than cover actual costs, said Bloomberg New Energy Finance. “The aviation industry should startBloomberg; AFP - 589 words
-
Article, Illustration617 2011-10-28 33 Profit beats analysts’ estimates, joining upbeat reports from other top US firms Reuters [SEATTLE] Strong demand for commercial and military aircraft lifted quarterly earnings at Boeing Co, making the builder of the new 787 Dreamliner the latest big-ticket manufacturer to easeReuters; BLOOMBERG - 617 words
-
593 2011-10-28 33 Reuters [LONDON] Deliveries of new dry bulk ships are on course to reach their highest level ever this year and fleet expansion is expected to remain strong in 2012, ship broker SSY said on Wednesday. Despite a recent rally on the largerReuters - 593 words
-
Article278 2011-10-28 33 SGX '000 Oct 27 S$ +/-Vol CH Offshore 0.41 0.02 29 Chuan Hup Hldg 0.22 -0.01 110 Cosco Corp 1.07 0.06 ***** CWT Ltd 1.04 0.04 3278 Ezra Hldgs 1.00 0.06 ***** First Ship Lea 0.32 -0.01 2348 Freight Links 0.06 unch 1966 Grand Banks unch unch 0278 words
-
-
EDITORIAL & OPINION
-
492 2011-10-28 34 EDITORIAL NEXT week’s Group of Twenty (G-20) summit will no doubt be full of pomp and circumstance, as befits a gathering of heads of the world’s leading advanced and emerging economies, and maybe some of the glamour of the Mediterranean resort of Cannes (where the492 words
-
Article, Illustration774 2011-10-28 34 FRANK CHING - THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 PRESIDENT Ma Ying-jeou’s announcement that Taiwan was prepared to sign a peace agreement with China within the next decade may have been made to enhance774 words
-
Article, Illustration913 2011-10-28 34 LEON HADAR - It seems as though the US is experiencing symptoms of a pre-revolutionary political system LEON HADAR Washington Correspondent SCIENTIFIC methods and techniques of polling a demographically representative sample of public opinion were used for the first time in the 1930s, so weAFP - 913 words
-
Article, Illustration1668 2011-10-28 35 AMIT ROY CHOUDHURY - Market innovation and product innovation are both vital to keep a company or country ahead of the competition AMIT ROY CHOUDHURY Technology Editor THE recent demise of Steve Jobs has turned focus on the subject of innovation. He’s been called the modern world’s greatest innovator since1,668 words
-
Article, Illustration822 2011-10-28 35 KEVIN S Y TAN - Call it ‘gerontology’ not ‘ageing issues’ By KEVIN S Y TAN The writer is a lecturer at the School of Human Development and Social Sciences at SIM University, where the first Master of Gerontology programme in Singapore has been launched MOST of us have heard it before: Singapore is anFILE PHOTO - 822 words
-
-
SINGAPORE STOCKS
-
Article8084 2011-10-28 36 Transaction date: Oct 27 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 12 8Telecom 13.5 unch 50 13.5 13.5 13.5 15 7.8 4.5 2.8 64.7 9.5 4.1 A-Sonic 4.7 +0.1 1128,084 words
-
Article1565 2011-10-28 37 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 34 13 t 800 Super 14.2cd -0.1 95 14.5 14.2 14.2 15.3 4.7 3.9 5.5 25.4 5.5 2.5 t AA Grp 3 2.2 3.21,565 words
-
Article10061 2011-10-28 37 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.15/ APS Alpha Fund (USD)!** 0.91/ AXA Life Secure Ascent 2020 Fund 0.9951/0.9951 AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.62/ Aberdeen Asset Mgt Asia Limited American Opp 0.6205/ Asian Credit Fund10,061 words
-
Article220 2011-10-28 37 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A38 40 45.5 3.6 9.2 3 99 53 25.5 Genting HK US$ US29.5 +2 ***** 30 27.5 29 29.5 1942.4 15 10 OGL Resources220 words
-
Article888 2011-10-28 37 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 118 115.4 117 538.6 1261 856 CIMBAsean40 100US$ US979 +13 52 979 970 981 993 39.2 ***** ***** DBXT AUD888 words
-
-
FINANCE & COMMODITIES
-
374 2011-10-28 38 In local curr In S$ In US$ dy yr dy yr dy yr Oct 26 Index Change Change Change Change Change Change World Index Preliminary 826.2 0.1 -8.0 0.9 -7.0 -0.1 -6.6 EAFE Preliminary 689.8 0.1 -13.9 0.5 -11.2 -0.4 -10.9 Europe Preliminary 1025.6 0.1374 words
-
Article79 2011-10-28 38 CRUDE OIL PRODUCTS Oct 26 Oct 26 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.88 -1.30 WTI (Near Mth) 90.78 -2.39 Dubai (1-Mth F) 106.13 -0.45 Tapis blend 118.34 -0.38 Minas 112.54 -0.38 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 94.11 unch Jet Kerosene 127.55 unch US$/barrel79 words
-
Article107 2011-10-28 38 Oct 26 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 11 1210.50 1225.50 1233.50 1210.00 Jan 12 1219.75 1233.75 1242.00 1217.00 Mar 12 1229.25 1243.50 1251.25 1228.25 May 12 1236.75 1251.25 1259.00 1236.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 11 50.89107 words
-
Article81 2011-10-28 38 Oct 27 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 26.01.2012 0.27 1-Year BY*****W 01.11.2012 0.29 0.27 0.27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.38 5-Year N*****0W 1.125 01.04.2016 102.37 102.40 102.4081 words
-
Article457 2011-10-28 38 Oct 27 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.4750 0 1482 Mar12 99.3950 0 3078 Jun12 99.3700 0 1151 Sep12 99.3500 0 676 EUROYEN TIBOR FUTURES Dec11 99.6725 300 2479 Mar12 99.6700 0 2378 Jun12 99.6725 0 1470 Sep12 99.6700 0 710 Dec12 99.6700457 words
-
Article169 2011-10-28 38 Oct 27 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Nov 11 397.5 389.5 393.6 45 266 Dec 11 398.0 393.0 397.6 88 354 Jan 12 395.0 395.0 396.3 10 237 Feb 12 403.1 391.9 402.7 34 177169 words
-
Article72 2011-10-28 38 Oct 2 6 Oct 26 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2195.00 2202.25 3 months 2215.00 2224.00 Copper, Grade A (US$/tonne) Cash 7675.00 7521.50 3 months 7680.00 7530.00 Lead (US$/tonne) Cash 1900.00 1938.50 3 months 1924.00 1962.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin72 words
-
Article82 2011-10-28 38 Oct 26 COCOA (£/tonne) Close Prev High/Low Dec 11 1700 1674 1710/1682 Mar 12 1725 1700 1734/1708 May 12 1740 1715 1747/1723 Jul 12 1754 1730 1761/1743 COFFEE (US$/tonne) Close Prev High/Low Nov 11 1833 1831 1855/1812 Jan 12 1869 1873 1897/1852 Mar 12 1900 1905 1929/1885 May 1282 words
-
2261 2011-10-28 38 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 55 49.00 31 ASJ Hldgs W*****1 0.2 1 4 24 17.00 4 AlliedTech W*****2 1.7 1 4 25 Aztech Grp W*****3 0.4 1 20 1102,261 words
-
Article463 2011-10-28 38 Oct 27 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.053 6.715 0.754 8.207 52.074 93.619 0.802 11.759 3.286 1.304 91.681 45.246 1.329 8.264 0.924 31.742 32.405 0.660 1.056 Canada 0.950 6.377463 words
-
Article156 2011-10-28 38 Oct 27 Oct 27 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3282 1.3291 1.0558 1.0563 Canadian dollar 1.2614 1.2622 1.0027 1.0031 Euro 1.7626 1.7636 1.4011 1.4016 NZ dollar 1.0182 1.0190 0.8094 0.8098 Sterling pound 2.0132 2.0140156 words
-
Article82 2011-10-28 38 Oct 27 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths82 words
-
Article143 2011-10-28 38 Oct 27 GOLD (US$/oz) Oct 26 Oct 27 Hong Kong 1718.00 unav Oct 25 Oct 26 London 1683.98 1716.39 1684.98 1717.50 Source: Thomson Reuters Source: Reuters CAST BAR Oct 27 (S$) Selling Buying Kilobar 75,061.57 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 168 70 5gm 477 350143 words
-
Article57 2011-10-28 38 Oct 27 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 11 2999 2950 3005 2965 940 2763 Dec 11 3004 2955 3009 2961 3601 ***** Jan 12 3000 2951 3007 2957 ***** ***** Feb 12 2966 295557 words
-
Article29 2011-10-28 38 Oct 27 Open High Sett STI Oct 2838 2838 2848 SIMSCI Oct 319.2 329.5 329.1 Taiwan Oct 266.8 269.1 268.9 Source: MF Global (S) Pte Ltd29 words
-
Article24 2011-10-28 38 Oct 27 Oct 27 S$ Bid Offer 1-month 1.2580 1.2583 2-months 1.2580 1.2583 3-months 1.2578 1.2582 6-months 1.2558 1.2565 Source: OCBC24 words
-
Article121 2011-10-28 38 As at 9am Oct 27 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.35 1.286 Can dollar 1.288 1.239 Euro 1.795 1.726 Sterling pound 2.063 1.984 NZ dollar 1.042 0.993 US dollar 1.287 1.238 Local dollars to 100 units of foreign121 words
-
Article155 2011-10-28 38 Oct 27 Bid $S Offer Bid 0vernight 0.03 0.01 1-month 1/4 1/8 2-months 1/4 1/8 3-months 5/16 3/16 Overnight mode: 0.10 US$ Offer Bid 7 days 0.35 0.20 1 month 0.45 0.25 2 months 0.50 0.30 3 months 0.60 0.40 6 months 0.80 0.60 9 months 0.95 0.75155 words
-
-
Page 38 Advertisements
-
Advertisement127 2011-10-28 38 SMX MARKET UPDATE As on 26 October 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS GOLD FUT DEC2011 1725.90 1704.50 1723.80 1700.60 SILVER FUT DEC2011 33.880 33.080 33.325 33.060 CURRENCY AUD-USD FUT DEC2011 1.0356 1.0269 1.0312 1.0368 EUR-USD FUT DEC2011 1.3968 1.3793 1.3884 1.3912 GBP-USD FUT DEC2011127 words
-
-
5053 2011-10-28 39 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. *****3249E 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 Destination5,053 words
-
Page 39 Advertisements
-
Advertisement28 2011-10-28 39 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? KLINE BSA To All Shipping Advertisers: Please call Joe Wong at 9620 132728 words
-
-
Page 40 Advertisements
-
Advertisement43 2011-10-28 40 Shipping lines seeking reliable Can they find your services here in the Shipping Times? ~C~~5 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT *****327 SHIPPING TIMES43 words
-
Advertisement18 2011-10-28 40 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES SHIPPING TIMES18 words
-
-
Page 41 Advertisements
-
Advertisement126 2011-10-28 41 HIE THE WINE GLASS COMPANY GRAPE VARIETAL SPECIFIC* Participate in a Fascinating Comparative Riedel Glass Tasting conducted by Georg J. Riedel (10th Generation) Venue: Date: Time: Includes: *-S I The Ritz-Carlton Chihuly Room, Level 3 7 Raffles Avenue, Singapore *****9 Tuesday, 15 November 2011 Registration starts at 6.30 pm Door126 words
-
-
executive lifestyle
-
WINE/ARTS
-
Article, Illustration1218 2011-10-28 41 N K YONG - A Burgundy wine-maker’s personality is often reflected in his wines and it is a distinguishing feature separating a large Maison from a smaller grower, writes N K YONG writes N K YONG THE profusion of names on a Burgundy label can be confusing. The greatest prominence1,218 words
-
Article, Illustration737 2011-10-28 41 LEE U-WEN - By LEE U-WEN ROWS of au gratin dishes that were found lined up like dominoes on the ocean floor. A dozen jars of cherry toothpaste decorated with the image of a young Queen Victoria. A bag containing colourful vials of perfume with hints of theirARTSCIENCE MUSEUM - 737 words
-
AROUNDTOWN
-
Article, Illustration184 2011-10-28 41 BOMBAY Sapphire might be recognised as a brand for gin, but unknown to many, it has always been a strong supporter of the arts and global design, as demonstrated in their Blue Room in London. And now, for the first time outside of London, the Blue Room is184 words
-
Article146 2011-10-28 41 In conjunction with the exhibition Dreams Reality: Masterpieces of Painting, Drawing Photography from the Musee d’Orsay, Paris, the National Museum of Singapore is kicking off the month of November with Cine-Concert Georges Melies. A series of the iconic director’s films made from 1889 to 1908146 words
-
Article152 2011-10-28 41 A collection of watercolour paintings by revered national artist, Ong Kim Seng, and his 37 students are currently exhibiting at White Canvas Gallery. The works are as diverse as the artists themselves who hail from all walks of life, including professionals in banking, medicine, design,152 words
-
Article177 2011-10-28 41 NATALIE KOH - Compiled by NATALIE KOH Get a sampling of Japan with Ganbarou Nippon: Taste of Japan, a Japanese F&B show in a section of annual wine exhibition Wine For Asia. The show features Hida prime beef (renowned as Japan’s top quality wagyu beef), ramen, Kagoshima pork and177 words
-
-
-
ARTS
-
Article, Illustration457 2011-10-28 42 NATALIE KOH - By NATALIE KOH IT was dinner theatre in the true sense of the word. There was food vegetarian, to be exact and there was theatre, provided by a lone performer who played host and took his guests on Journeys of Love and More Love. Ali Zaidi457 words
-
Article, Illustration637 2011-10-28 42 NATALIE KOH - M1 FRINGE FESTIVAL 2012 By NATALIE KOH CAN art and faith co-exist with each other or are they doomed to be in perpetual conflict? Faith, for one, demands belief without question, while art encourages reflection on whatever subject matter it takes on. Art andPHOTOS: M1 FRINGE FESTIVAL 2012 - 637 words
-
Article, Illustration1125 2011-10-28 42 CHEAH UI-HOON - Thanks to Q&A the book that Oscar-winning film Slumdog Millionaire was based on, diplomat Vikas Swarup accepts only a handful of festival invites a year. But the Singapore Writers Festival was lucky to get the Consul General of India in Osaka during a break from his dayVIKAS SWARUP - 1,125 words
-
Article, Illustration678 2011-10-28 42 NATALIE KOH - By NATALIE KOH AFTER a titillating election this year, it was only natural for Wild Rice, arguably Singapore’s most controversial theatre company, to pick it up as inspiration for their annual fund-raiser, the Rice Ball 2011. With People’s Acting Party as the theme,ALBERT K S LIM - 678 words
-
Article, Illustration774 2011-10-28 43 NATALIE KOH - With 140 works from the Musee D’Orsay of Paris, art lovers here are treated to treasures from one of the most important epochs of French art history, the mid-19th century, writes NATALIE KOH writes NATALIE KOH IT’S not every day that you get to see works byMUSEE D’ORSAY - 774 words
-
Article, Illustration444 2011-10-28 43 NATALIE KOH - By NATALIE KOH EVEN if you’ve never heard of Brassai, you’ve probably seen his photographs on the back of postcards, particularly thosefrom France.He was,after all,dubbed“the eyeofParis” for his 1933 book, Paris de nuit (Paris by Night). In honour of the late Hungarian photographer, the Nanyang Academy of Fine444 words
-
-
MUSIC/ENTERTAINMENT
-
Article, Illustration462 2011-10-28 44 MELISSA LWEE-RAMSAY - By MELISSA LWEE-RAMSAY MARINA Bay Sands is not the easiest place to get to. When you’re stuck in peak hour traffic on your way to a 7.30pm show at its theatres on a Friday evening no less the experience can be pretty frantic. As if he could read462 words
-
Article, Illustration964 2011-10-28 44 CHRISTOPHER LIM - Classical, with jazz, folk and pop leanings, makes for a rare treat, writes CHRISTOPHER LIM writes CHRISTOPHER LIM CROSSOVERclassi-cal is too often synonymous withpopinterpretations that help classical music find new ears, but involve precious little musical innovation. A small but accomplished group of musicians is rising toDEUTSCHE GRAMMOPHON - 964 words
-
Article, Illustration492 2011-10-28 44 CHRISTOPHER LIM - GAMING REVIEW sBy CHRISTOPHER LIM WHILE the movie X-Men: First Class shows the origin of the franchise, the game X-Men: Destiny explores the aftermath that lies far beyond the last chronological film in the franchise, X-Men: Last Stand. Charles Xavier, the founder and moral compass of the492 words
-
-
CINEMA
-
Article, Illustration485 2011-10-28 45 DYLAN TAN - By DYLAN TAN THE original Footloose, released in 1984, was best remembered for a couple of things the songs from the soundtrack and the star it made out of an actor called Kevin Bacon. Other than that, no one remembers what it was about, while KennyPARAMOUNT PICTURES - 485 words
-
Article, Illustration420 2011-10-28 45 CHRISTOPHER LIM - DVD REVIEW By CHRISTOPHER LIM ESCAPIST pleasures rarely come in more concentrated doses than in X-Men: First Class, thanks to its deft blend of super-mutant action, retro James Bond-style intrigue and tragically flawed heroes. If you have only just over two hours to spare on a420 words
-
Article, Illustration610 2011-10-28 45 DYLAN TAN - Justin Timberlake steals the show playing a robbing hood in In Time, writer-director Andrew Niccol’s futuristic thriller, reviews DYLAN TAN reviews DYLAN TAN TIME is money, literally, in writ-er-director Andrew Niccol’s futuristic thriller In Time. Minutes, hours, days and years have replaced cash as the currency ofSHAW - 610 words
-
Article, Illustration545 2011-10-28 45 GEOFFREY EU - By GEOFFREY EU THE latest movie version of Alexandre Dumas’ classic novel The Three Musketeers is a US$75-million (S$93.6 million) extravaganza that has it all: beautiful period costumes, giant hairdos and bigger headgear, and a full complement of heavy-duty bosom-heaving and that’s just the men we’re talking about.SHAW - 545 words
-
-
Article, Illustration1863 2011-10-28 46 MELISSA LWEE-RAMSAY - Once the preserve only of expats, Halloween has suddenly set the tills ringing in the last few years as hotels, bars, supermarkets and even private caterers try to get a piece of the ghoulish pie, reports MELISSA LWEE-RAMSAY CHRISTMAS may be just around the cornerPHOTO-ILLUSTRATION: MOHD KHAIRIE; PHOTOS: UNIVERSAL STUDIOS, COLD STORAGE, DA PAOLO GASTRONOMIA, ZOUK, BUTTER FACTORY - 1,863 words
-
-
Page 43 Advertisements
-
Advertisement77 2011-10-28 43 LES AMIS DU CREDIT SUISSE saw C- i—i 1 I k jSL r =^i > j I "A /-S artr useurr rna -ihiiifJtl4 -"-■A■•■■;,. __.Vi mmMmm IBy V T-V «,asiai« V- -'C '-VI w." $5 B&WSI ;'i-;'«V w.? l a,- "v ifc War. J SgilsS&V rWl *-'■a?; v" J iv'i77 words
-
-
Page 44 Miscellaneous
-
Miscellaneous295 2011-10-28 44 CRYPTIC CROSSWORD Across 1 What birds do to cause depression? (4,4) 5 Music or a good book? (6) 9 Comic actors start to interpret cubic puzzle (8) 10 Pious Oriental quintet seen on day out (6) 11 Make announcement and dry up (4,3) 12 One flying from Granada via Torremolinos295 words
-
-
Page 46 Advertisements
-
Advertisement11 2011-10-28 46 ARTS Author Vikas Swarup talks about his pared-down pen PAGE 4211 words
-