The Business Times, 21 November 2011

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Microfilm: NL31701
Total Pages: 30
1 30 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|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Monday, November 21,
    23 words
  • Article
    Lock icon Rough waters ahead for shipping industry
    890 1  -  Banks’ selective lending policy adds to shipping firms’ woes caused by low freight rates By LYNN KAN [SINGAPORE] The shipping sector is set for further bankruptcies and restructuring exercises as it battles challenging operational conditions. Industry watchers predict tougher times ahead with the ongoing
    890 words
  • Article
    Lock icon MARKETS DIGEST
    160 1 BT ONLINE BT print subscribers get free access to BT Online at www.businesstimes.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. MARKETS Weekly Change ST INDEX 2,730.34 -60.60 KL COMP 1,454.40 -14.35 NIKKEI 225 8,374.91 -139.56 HANG SENG 18,491.23 -645.94 SET INDEX 984.16 +13.19 JAKARTA COMP 3,754.50 -24.39
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  • Article
    Lock icon NTUC monitoring potential layoffs
    240 1  -  By JOYCE HOOI [SINGAPORE] The National Trades Union Congress (NTUC) is tracking the number of workers who might be retrenched, its sec-retary-general Lim Swee Say said yesterday. “The NTUC, together with the WDA (Workforce Development Agency), is already working with some of the companies that are
    240 words
  • Article, Illustration
    Lock icon Singh pays glowing tribute to Singapore’s success
    670 1  -  By MALMINDERJIT SINGH [SINGAPORE] Singapore may be a relatively small country in terms of population and land area, but its list of admirers is growing steadily and now includes Indian Prime Minister Manmohan Singh. Mr Singh, on his visit to Singapore yesterday, paid
    LAU FOOK KONG/THE STRAITS TIMES  -  670 words
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      208 1 DINING OUT Impressive LP Tetsu PAGE 23 BizIT Waking up to power of social media PAGE 29 PROPERTY The Marq sets another record price PAGE 4 VIEWS FROM THE TOP Towards freer trade PAGES 12 13 8 '*****1 *****4 IWC Portuguese. Engineered for navigators. Portuguese Yacht Club Chronograph Edition "Volvo
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      555 2 Harder times ahead for shipping industry THE shipping sector is set for further bankruptcies and restructuring exercises as it battles challenging operational conditions. Industry watchers predict tougher times ahead with the ongoing shipping downturn thanks to depressed freight rates claiming its latest and most high-profile victim last week.
      555 words
    • Article, Illustration
      Lock icon Barclays boss sees banking consolidation in Europe
      1039 2  -  Strategic opportunities will lie less in buyouts of institutions and more in consolidation of activities By VIKRAM KHANNA [SINGAPORE] Europe’s banking sector could witness a wave of consolidation over the next year as banks shed sub-scale activities, reap cost efficiencies and streamline their
      1,039 words
    • Article, Illustration
      Lock icon Global Logistic Properties: Marking One Year Since The Largest IPO In Real Estate History
      759 2 m^i A SPECIAL SERIES BROUGHTTO YOU BY SHAREINVESTOR One year since Global Logistic Properties (GLP) went public, the company has solidified itself as a market leader in China and Japan in modern logistics facilities. GLP had
      759 words
    • Article, Illustration
      Lock icon Taiwan investor may buy Robinson Centre
      461 4  -  By KALPANA RASHIWALA [SINGAPORE] Robinson Centre is close to being sold to a Taiwanese investor for nearly $300 million or about $2,240 per square foot of net lettable area, The Business Times understands. Sources say the buyer is a unit of Homax Real Estate
      ARTHUR LEE  -  461 words
    • Article
      Lock icon Wall St needs holiday sales cheer as Europe instils fear
      766 4  -  Friday’s takings seen as good forecast of market performance for the year ahead WALL STREET INSIGHT By ROB CURRAN FRIDAY is the official start of the holiday shopping season, and sales that day are often a good predictor of the
      766 words
    • Article, Illustration
      Lock icon Latest sale sets another peak at The Marq
      550 4  -  By KALPANA RASHIWALA [SINGAPORE] SC Global Developments has been able to set a new record price at The Marq on Paterson Hill once every three months since May this year. In the latest transaction, a 3,003-sq-ft, four-bed-room apartment in the Premier Tower
      FILE PHOTO  -  550 words
    • Article
      Lock icon US trade surplus with S’pore at US$8.99b
      609 4  -  By CHUANG PECK MING [SINGAPORE] Singapore is known to be an export powerhouse and America is one of its biggest markets. And yet, Singapore has turned out to be among the top 10 countries that import more from the United States than they
      609 words
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      220 2 What makes an MBA program "Executive"? We believe it's about experience. Behind the Rutgers Executive MBA program stands the experience and global reputation of Rutgers University, the 8th oldest university in the United States. Our professors are both highly regarded academics and global industry experts who bring their real-world business
      220 words
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      140 3 Sara sin From Every Angle we Offer a Distinct Perspective on Wealth. We've spent some 170 years crafting distinctive private banking solutions. Bank Sarasin cherishes a balanced and sustainable approach not only in terms of growth, resources and investing, but to expertise that has been trusted for generations. Bank Sarasin
      140 words
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      31 4 Find out more at our Information Session: Date: 24 November 2011, Thursday Time: 7.00pm Venue: Singapore Management University School of Economics Seminar Room 4-4, Level 4 90 Stamford Road Singapore *****3
      31 words
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      195 5 DBS PRIVATE X BANK One Private Bank knows precisely where the smart money in Asia should go. M m ---531 T m '-i—: -3 v ,1./.Wm i U: >-? I 1 -i »■>- > t And where money should stay safe We are DBS Private Bank. Asia's safest, Singapore's best.
      195 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Best to buy & hold given sharp swings
      692 6  - Best to buy hold given sharp swings STOCKS R SIVANITHY Senior Correspondent IT’S very difficult to envisage any major change in the week ahead to the “risk on, risk off” climate that has pervaded global equity markets for the past few months. The situation is aggravated by an unhealthy dependency
      692 words
    • Article
      Lock icon Euro heads for biggest loss since Sept as debt yields surge
      545 6 CURRENCIES Bloomberg [NEW YORK] The euro had its biggest loss versus the yen since September as European borrowing costs at almost euro-era records sapped confidence that the region’s governments will be able to deal with their debt crisis. The
      Bloomberg  -  545 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1663 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Capital Ind REIT 2.00 2.00 2 9.15 10.55 1.32 0.97 Amtek Engg Ltd 2.20 2.00 5 0.10 4.30 1.03 0.54 ARA Asset Mgt Ltd 1.71
      1,663 words
    • Article
      Lock icon Prices dip as eurozone debt tensions rise
      575 6 COMMODITIES AFP [LONDON] Commodity prices were mostly lower last week, in line with tumbling stock markets as traders sought cover from the escalating eurozone debt crisis. “Further escalation of the debt crisis in Europe has led to a sharp rise in risk aversion
      AFP  -  575 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 6 Nov 18 VALUE CLOSE BT OB/OS -344.00 +10.00 BT CADI -*****.00-118.00 BT 10-day MA -*****.00 -35.00 FTSE ST Mid Cap 617.02 +2.12 FTSE ST Small Cap 415.83 -1.29 FTSE ST All Share 657.76 -8.78 FTSE ST China Top 194.96 +3.29 FTSE ST China 228.47 +2.28 FTSE ST
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    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Noble Grp 367,296,000 Golden Agri 350,152,000 Genting SP 319,032,000 Libra 305,057,000 LippoMalls R 257,401,000 PSL Hldgs 180,077,000 Memstar 166,461,000 S i2i 158,257,000 Hartawan 148,542,000 Yanlord 122,261,000 VALUE($) Genting SP 504,600,879 Noble Grp 433,586,975 DBS Grp 314,930,240 SingTel 266,916,160 Golden Agri 236,257,345 UOB 231,635,389 Keppel Corp 188,015,190
      57 words
    • Article
      Lock icon RISES
      124 6 BY CENTS CLOSE UP DBXT USDIGInfl 5US$ ***** 374.6 1.1 DBXT AUD Bonds 5AU$ ***** 172.5 0.8 Lyxor AsiaFN 10US$ 2631 147.8 4.5 DBXT S&P Short 10US$ 4333 88.2 1.6 Lyxor AsiaIT 10US$ 2398 67.4 2.2 DBXT DBCBDJUBS 10US$ 3473 64.8 1.5 OCBC Bk 4.5%NCPS 100 ***** 50.0 0.5
      124 words
    • Article
      Lock icon FALLS
      109 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ 9649-1112.0 -8.2 GLD 10US$ *****-522.4 -2.3 JMH 4970-413.5 -6.0 IS S&P500 *****-400.6 -2.5 DBXT MSEurope 10US$ 3957-382.4 -6.9 JSH 2998-235.9 -5.7 DBXT MSKorea 10US$ 5164-186.7 -2.7 DBXT FTVietnam 10US$ 2035-180.2 -6.4 DBXT FTChina25 10US$ 2609-178.9 -5.0 DBXT AUDMM 5AU$ *****-164.7 -0.6 BY
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 WEEKLY
      5 words
    • Article
      Lock icon Lowest PTB portfolio
      164 8 NOV 18 BID PRICE VALUE WEEK-ON-WEEK CHANGE Anwell Tech 0.280 9.8 4,648 Kingboard Copper Foil 0.180 5.9 4,500 United Fiber System 0.029 3.6 2,610 China Merchants (Pacific) 0.605 2.5 6,655 Rickmers Maritime 0.330 0.0 3,300 SanTeh 0.575 -0.9 8,625 Fortune Reit 0.581 -1.2 7,553 Golden Agri-Resources 0.660
      164 words
    • Article, Illustration
      Lock icon STI’s slump exceeds portfolios’ average fall
      484 8  -  TEH HOOI LING Senior Correspondent RISK is on again, and the most liquid stocks on the Singapore market bore the brunt of selling. The Straits Times Index slumped 6 per cent in the last two weeks. That’s more than the average decline of 4.2
      484 words
    • Article
      Lock icon One-year top losers
      145 8 NOV 18 BID PRICE VALUE WEEK-ON-WEEK CHANGE Sunshine 0.065 16.1 13,000 Mirach Energy 0.109 12.4 10,900 Sinostar 0.134 11.7 8,308 MoyaDayen 0.056 1.8 7,000 China Energy 0.057 1.8 2,337 China Titanium 0.003 0.0 375 HanKore Env 0.043 0.0 4,300 Lereno Bio-Chem 0.003 0.0 750 Top Global 0.007
      145 words
    • Article
      Lock icon Highest dividend yields
      170 8 NOV 18 BID PRICE VALUE WEEK-ON-WEEK CHANGE MFS Technology Ltd 0.090 69.8 2,430 China Merchants (Pacific) 0.605 2.5 6,655 Datapulse 0.220 2.3 7,040 Transpac Indl 1.760 2.3 5,280 Poh Tiong Choon Logistic 0.450 1.1 13,050 Nera Telecoms 0.365 0.0 8,030 Stamford Land 0.550 -0.9 9,900 UOB-Kay Hian
      170 words
    • Article
      Lock icon Buying by directors flat, selling very low; buyback activity surges
      1806 8  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director Asia Insider Limited THE buying by directors was flat while the selling remained very low based on filings on the Exchange from Nov 14 to 18 with 16 companies that
      1,806 words
    • Article
      Lock icon Analysts' top recommendations
      164 8 NOV 18 BID PRICE VALUE WEEK-ON-WEEK CHANGE Del Monte Pacific 0.455 9.6 4,550 Pan-United Corp 0.460 8.2 5,520 Bukit Sembawang 4.150 6.4 4,150 First Resources 1.505 4.9 28,595 Pacific Shipping Trust 0.544 4.0 10,880 Armstrong Industrial 0.235 2.2 8,930 Cacola Furniture 0.031 0.0 1,612 China Essence 0.150
      164 words
    • Article
      Lock icon Biggest upgrades in analysts’ sentiment
      152 8 Biggest upgrades in analysts’ sentiment VALUE NOV 18 BID PRICE WEEK-ON-WEEK CHANGE Hi-P 0.640 11.3 8,320 World Precision 0.560 10.9 10,640 Del Monte 0.455 9.6 4,550 China XLX 0.345 9.5 5,865 Pan-United Corp 0.460 8.2 5,520 People's Food 0.695 7.8 7,645 Kingboard Copper Foil 0.180
      152 words
    • Article
      Lock icon Lowest forward PEs
      154 8 NOV 18 BID PRICE VALUE WEEK-ON-WEEK CHANGE Kingboard Copper Foil 0.180 5.9 4,500 China Essence 0.150 -2.0 3,150 SC Global 1.140 -2.1 12,540 Ho Bee 1.245 -3.5 13,695 CWT 1.010 -4.3 14,140 Low Keng Huat 0.310 -4.6 10,230 Li Heng 0.121 -4.7 2,420 CSC Holdings 0.096 -5.0
      154 words
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  • COMPANY NEWS
    • Article
      Lock icon IPO pricing gets even trickier in a bear market
      734 7  -  HOCK LOCK SIEW By R SIVANITHY EVEN at the best of times, the pricing of initial public offerings (IPOs) is a tricky business probably more an art than a science, one which places great demands on an underwriter’s judgement and market
      734 words
    • Article
      Lock icon COMPANY MEETINGS
      293 7 COMPANY MEETING PLACE DATE TIME GMG Global E Mandarin Oriental S'pore Lobby Level, 5 Raffles Ave Marina Square Singapore *****7 21-Nov 10.00am San Teh E Grand Mercure Roxy Hotel, Amber Room, Level 3 50 East Coast Singapore *****9 21-Nov 2.30pm VicPlas Intl A 35 Joo Koon Circle Singapore
      293 words
    • Article, Illustration
      Lock icon Investment banks still raking it in in Asia-Pac
      534 7  -  2011 is already the 2nd best year since 2000, with revenue of US$7.3b to date By SIOW LI SEN MARKETS may be volatile but investment banks (IB) continue to rake in billions of dollars doing deals in this part of the world.
      534 words
    • Article
      Lock icon CapitaLand to keep investing in China: COO
      300 7 Group has eye on both residential and commercial projects Bloomberg [SHANGHAI] CapitaLand, South-east Asia’s biggest developer, will continue to seek opportunities in China despite the government’s property curbs. CapitaLand, with $10.1 billion worth of assets in China, will maintain a balance between commercial
      Bloomberg  -  300 words
    • Article
      Lock icon PRIME LENDING RATES
      403 7 Sep 18 BANKS Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A. 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank of Communications 5.5 Bank of
      403 words
    • Article
      Lock icon Indian police raid Bharti, Vodafone offices
      437 7 AFP [NEW DELHI] Police on Saturday raided offices of two of India’s biggest telecom firms, Bharti Airtel and Vodafone Essar, in a widening probe into alleged wrongdoing in the awarding of mobile spectrum. India’s top federal police force, the Central Bureau of Investigation (CBI),
      AFP  -  437 words
    • Article, Illustration
      Lock icon DMG sees further downside for stock market
      697 9  -  It cites shock Europe scenario and weak Q3 profits; maintains defensive stance By KELLY TAY GIVEN tepid Q3 earnings, recommendation downgrades, and the possibility of a shock scenario in Europe, DMG Partners Research said that there may be further downside for the Singapore
      JOSEPH NAIR  -  697 words
    • Article
      Lock icon Emerging-equity funds starting to post outflows
      277 9 Bloomberg EMERGING-MARKET equity funds posted outflows for the first time in five weeks, as Europe’s debt crisis prompted caution among investors, Citigroup Inc said. Funds investing in developing-nation stocks withdrew US$183 million in the week ended Nov 16, Citigroup analyst Markus Rosgen wrote in
      Bloomberg  -  277 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1020 9 Payment Ex Books Pay Ann (cts) date close date date Action Asia aw 0.400 06-Dec 08-Dec 20-Dec 14-Nov AIMS Amp Cap Ind Reit ag 2.500 18-Oct 20-Oct 07-Dec 07-Oct Amtek Engg an 5.500 04-Nov 09-Nov 22-Nov 26-Aug Ascendas India Trust ag 3.040 11-Nov 15-Nov 25-Nov 31-Oct Ascendasreit ad
      1,020 words
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      34 7 LGT your private bank in Asia. Integrity. Stability. Performance. Combining traditional private banking with state of the art investment advice. Singapore, Phone +65 64 15 38 00 Hong Kong, Phone +852 2868 0201 www.lgt.com
      34 words
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  • Page 9 Advertisements
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      512 9 Options 6 0 \c, F u t u r Gold! Stocks rv» -Bonds V/l VJGold Commodities FX Crosses FX Bonds ETCs CFDs c, Bonds FX Commodities FX se^,\o^cv° c <rkCrosses FX Options Gold FX \^VsS5cF D s Stocks ETFs ETCs Futures FX CFDs Stocks ETFs X> 3 etc cv s
      512 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Productivity via internal branding
      589 10  -  B2B branding specialist StrategiCom is partnering E50 Association and NTU to study the subject and make recommendations, reports CHEN HUIFEN TALENT retention is a perennial bugbear of SMEs here, but one way to manage this is to start with internal branding, says B2B branding specialist StrategiCom.
      589 words
    • Article, Illustration
      Lock icon Gain City’s simple secret to success
      840 10  -  The consumer electronics retailer has kept things simple by delivering quality service alongside guaranteeing the lowest prices for its products say CHAN CHIA HENG, MARC; NG HAN MENG, KENNETH; and VAIBHAV SAHARAN CHAN CHIA HENG, MARC; NG HAN MENG, KENNETH; and VAIBHAV SAHARAN The
      FILE PHOTO  -  840 words
    • Article, Illustration
      Lock icon Embracing Myanmar – just brilliant
      935 10  - Embracing Myanmar just brilliant It was an astute move that will boost reforms in the country COMMENTARY MALMINDERJIT SINGH Correspondent IT WAS not just the sea that created waves in Bali this past week as leaders of Asean countries and their dialogue partners met at the East Asia Summit (EAS)
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Investing in China not quite for the beginner
      920 11  -  It doesn’t make sense to go abroad for the sake of doing so, says an SMU professor. reports MINDY TAN CHINA is once again emerging as a hot favourite for institutional investors, according to the latest Bank of America Merrill Lynch’s survey
      920 words
    • Article, Illustration
      Lock icon She makes having dream weddings easier
      1123 11  -  STARTING YOUNG By TEH SHI NING TAKING the plunge into self-employment was a crucial first step to starting her own business, says 26-year-old Jeslyn Ang. Entrepreneurial daring is not immediately evident in the soft-spoken founder of online portal Wedding Tweets. But after giving up
      YEN MENG JIIN  -  1,123 words
    • Article
      Lock icon Profiting from Europe’s debt crisis
      344 11 ASK DR INVEST Q: It really looks like Europe, with the debt crisis in Italy and Greece, is going to face tough times ahead. How can I profit from it? A: Despite the debt crisis, there are still investment opportunities in the market. For instance,
      344 words
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      326 11 Get started now ‘Spot the Index’ contest THINK you can forecast where the market’s headed? Then put your skills to the test and familiarise yourself with our local stock market index, the Straits Times Index (STI), now. Simply spot the weekly closing index rate and stand to win an Apple
      326 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Towards freer trade
      3101 12 THIS WEEK’S TOPIC: What would be the advantages and disadvantages, if any of a Trans-Pacific Partnership free trade agreement for the Asia-Pacific economies, and Singapore in particular? What should this pact include to make it work most effectively? Ho Meng Kit CEO Singapore Business Federation THE attractiveness
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      47 13 WE'RE AT HOME WHEREVER OUR CLIENTS ARE AT HOME. Distinctively From Asia to Europe, our global network and unique insights help clients everywhere take their business and investments anywhere. T piV[n"ro'Q"n Look for new insights and perspectives every week on jpmorganglobal.com or by scanning the QR code.
      47 words
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  • ERNST & YOUNG EOY AWARDS
    • Article, Illustration
      Lock icon Entrepreneurs with the X-factor
      511 14  -  By JOYCE HOOI LATE last month, the entrepreneur community saw four of its own being honoured at the Ernst Young Entrepreneur Of The Year (EOY) 2011 awards gala dinner. Held at The Ritz-Carlton, Millenia Singapore, the awards ceremony named Richard Eu, group CEO of Eu Yan
      Photos by ERNST & YOUNG  -  511 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon S Korea economy seen slowing this year
      454 15 Reuters AFP [SEOUL] South Korea’s economy will slow more than expected this year on cooling domestic demand but not so much that the central bank will lower interest rates soon, the country’s top government think tank said yesterday. The US$1 trillion economy will
      Reuters; AFP; AP  -  454 words
    • Article
      Lock icon Europe fears credit squeeze as investors sell bonds
      525 15 Many financial institutions spurning new bond issues, not renewing short-term loans to European banks NYT AFP [NEW YORK] Nervous investors around the globe are accelerating their exit from the debt of European governments and banks, increasing the risk of a credit squeeze
      NYT; AFP  -  525 words
    • Article
      Lock icon Europe’s new strategy may emerge winner
      409 15 It’s finding ways to cut debt without harming growth AFP [PARIS] Reducing debt whilst enhancing growth the seemingly impossible conundrum faced by governments of European economies is possible to solve, say analysts, and is arguably the key to Europe’s financial future. With Greece, Portugal
      AFP  -  409 words
    • Article
      Lock icon DB Platinum
      17 15 Branchen Stars R1C-A 14/11/2011 140,85 EUR db X-MACRO Trading Index Fund I4D 09/11/2011 96,91 GBP
      17 words
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      Lock icon Page 15 Advertisements Column 1
      1086 15 thebusinesstimeswww.businesstimes.com.sg SEPTEMBER 24-25, 2011 S$1.00 MICA (P) 121/08/2011 weekend www.businesstimes.com.sg SEPTEMBER 24-25, 2011 S$1.00 MICA (P) 121/08/2011 the raffles conversation CAREER DIPLOMAT BARRYDESKER 12-13 cheap funds Local banks to slash savings ratesDBS Bank, OCBC DBS Bank and UOB will offer amere 0.05 per cent mere come October, even asHSBC and
      1,086 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Indonesia’s export growth likely to slow: minister
      516 16 But FDI should keep rising after a likely record this year, adds Gita Wirjawan Reuters [NUSA DUA, Indonesia] Indonesia’s buoyant export growth is likely to slow into the single digits next year, hurt by the weak global economy, but foreign investment in South-east
      Reuters  -  516 words
    • Article, Illustration
      Lock icon US backs ‘green prosperity’ in Indonesia
      335 16 AFP [NUSA DUA, Indonesia] US Secretary of State Hillary Clinton has announced US$600 million in aid for Indonesia, most of it for “green prosperity” in the world’s third-biggest greenhouse gas emitter. The money will be funnelled through the Millennium Challenge Corporation (MCC), a US
      AFP; REUTERS  -  335 words
    • Article, Illustration
      Lock icon Warning for independent advisers in bond deals
      609 16  -  COMMENTARY S JAYASANKARAN KL Correspondent MALAYSIA’S appellate court has unanimously affirmed a landmark decision by the High Court that will radically raise the bar on standards governing private debt issues in Malaysia. Last year, Justice Mary Lim had ruled that the lead arranger
      609 words
    • Article
      Lock icon BURSA MALAYSIA
      1823 16 VOL Nov 18 RM +/-(‘000) A M Realty 0.43 unch 0 Abric Bhd 0.33 0.01 20 Advance Synerg 0.20 -0.01 1093 Adventa Bhd 1.65 -0.03 44 Ae Multi Hldgs 0.29 -0.03 2267 Affin Holdings 2.90 unch 504 Ahmad Zaki Res 0.68 0.01 68 Aic Corp 1.20 -0.06 31
      1,823 words
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      62 16 I' l l iI i s YOU TRAINING AN ACCOUNTANT WHOSE EYES ARE ON THE CLOCK, OR® S8 UK 84% of FTSE 100 companies have an ICAEW Chartered Accountant on their board. Now you know who to consider for your next business investment. It's time to train a chartered accountant.
      62 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Jitters as rupee slides to 32-month low against US$
      501 17 AFP [NEW DELHI] India’s rupee, Asia’s worst-perform-ing currency this year, could be bound for “uncharted waters”, analysts say, as fears about eurozone debt and a slowing economy pump demand for the dollar. The rupee slipped to 51.20 per dollar on Friday
      AFP; AFP FILE PHOTO  -  501 words
    • Article
      Lock icon China leader sees chronic recession
      369 17 Bearish forecast may translate into pro-growth policies Reuters Xinhua [BEIJING] A long-term global recession is certain to happen and China must focus on domestic problems, Chinese Vice-Premier Wang Qishan has said. “The one thing that we can be certain of, among all the uncertainties, is
      Reuters; Xinhua  -  369 words
    • Article
      Lock icon India retail door may widen for foreigners
      656 17 Cabinet decision this week may let them hold up to 51% in multi-brand stores Bloomberg [NEW DELHI] India may decide by this week to open its US$396 billion retail market to foreign companies such as Wal-Mart Stores Inc as it seeks to free
      Bloomberg  -  656 words
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      127 17 I A» sarin EXCELLENCE HAS A NEWADDRJUS. With Asia as our second home market, our move to the top of Asia Square in the heart of the Marina Bay Financial District, is a fitting one. At our private client lounge, you may now enjoy the stunning views of the Marina
      127 words
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      272 17 2 TOP CHEFS 3 EXQUISITE RESTAURANTS COUNTLESS CULINARY PLEASURES MARINA BAY SANDS, SINGAPORE Ll—'7A *j£- L I i P I 7 n»^ A 2z LU JIN SHAN CHEF HUANG CHING BIAO, JIN SHAN A man of many accolades, including the Ika Hoga Culinary Olympics (Frankfurt) and the Food Hotel Asia
      272 words
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  • WORLD
    • Article
      Lock icon Distressed Portugal turns to ex-colony Angola for capital
      572 18 Angola economy forecast to grow 12% next year while Portugal expected to shrink 3% NYT [DAKAR, Senegal] The world-turned-upside-down of the European debt crisis reached a new extreme last week when Europe came pleading for lucre where it once only seized it:
      NYT  -  572 words
    • Article, Illustration
      Lock icon Brazil turns itself round using pragmatism
      716 18 Right-left consensus has pushed growth to 7% last year NYT [PORTO ALEGRE, Brazil] “Now it’s our turn.” This phrase spilled from the mouths of young Brazilians again and again last week. Their country pulses today. Pick your indicator: Soaring economic growth. Booming sales of
      NYT; REUTERS  -  716 words
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      Lock icon Iceland minister puts China tycoon’s resort plan on ice
      562 18 Ministry wants to know why he wants to buy so much land AP [AKUREYRI, Iceland] This isolated expanse of land is pocked by steaming fissures, molten mud pools and lava fields perhaps an unlikely place for a Chinese tycoon to build
      AP  -  562 words
    • Article
      Lock icon With weak economy abroad, white South Africans return home
      533 18 AFP [JOHANNESBURG] After 10 years in London, the Short family packed their bags and moved back to South Africa, part of what experts say is a growing trend of white expatriates returning home. “London was very good to us but it
      AFP  -  533 words
    • Article
      Lock icon US deficit-limit panel split over cuts, taxes
      644 19 Supercommittee poised to admit defeat, predicts Washington Post NYT AFP [WASHINGTON] A deal to shrink swollen US deficits appeared more and more unlikely yesterday, as a special congressional committee on deficit reduction remained unable to close partisan gaps on cutting social programmes and
      NYT; AFP  -  644 words
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      Lock icon UK protesters occupy UBS-owned building
      447 19 AFP [LONDON] Anti-capitalist activists formally opened their third London site, in a ceremony marking the transformation of a building owned by Swiss financial giant UBS into a “bank of ideas”. Three-year-old Hali and grandmother Tina Rothery cut a red ribbon on Saturday, cheered by activists
      AFP  -  447 words
    • Article
      Lock icon Thaksin downplays reports of royal pardon
      396 19 He says national reconciliation should come first AFP [BANGKOK] Thailand’s fugitive ex-premier Thaksin Shinawatra yesterday played down suggestions that he would get special treatment from his government allies following reports that he would be proposed for a pardon. Thaksin lives abroad to escape a
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      Lock icon Can US money funds weather EU debt storm?
      726 20 Many investors believe money market funds are as safe as loweryielding bank accounts Reuters [WASHINGTON] When Lehman Brothers collapsed in 2008 and shattered the belief that US money market funds would never “break the buck”, Washington rushed to limit the damage. But
      Reuters  -  726 words
    • Article
      Lock icon Euro banks face US$270b writedowns
      536 20 40% of lenders exposed to goodwill impairments Bloomberg [LONDON] European banks may have to write down some of the US$270 billion of goodwill from their purchases in the run-up to the financial crisis before they can sell assets, or new stock, to bolster capital. UniCredit,
      Bloomberg  -  536 words
    • Article, Illustration
      Lock icon Greeks acknowledge illegal homes in debt-driven amnesty
      672 20 AFP [ATHENS] For the purposes of the Greek authorities and particularly the taxman, thousands of extra rooms converted from basements and balconies, not to mention entire houses, simply don’t exist. But many of these owners nationwide are now opting to declare them under
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    • Article
      Lock icon Govt spending up by just 2% in EU’s 2012 ‘austerity budget’
      501 20 Bloc’s deal defies MEPs’ preference for bigger spending AFP [BRUSSELS] The European Union’s (EU) 27 national governments and the European Parliament have agreed to limit spending to 129 billion euros (S$226 billion) in the 2012 budget, up 2 per
      AFP  -  501 words
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      Lock icon Spanish winner’s first task will be to cut costs
      588 20 AFP [MADRID] Spaniards yesterday voted in rain-sodden elections that were all but certain to hand a thundering victory to the right and topple yet another debt-lad-en eurozone government. Bowed by a 21.5 per cent jobless rate, economic stagnation and deep spending
      AFP; AP  -  588 words
    • Article, Illustration
      Lock icon More women in boardrooms boost growth
      525 21 AFP [WASHINGTON] Women are beginning to crack Europe’s boardroom glass ceilings thanks to government quotas, while their advance in the United States has nearly stalled, a new study found. The inclusion of more women in boardrooms is crucial to boosting financial performance and, in
      AFP; AFP FILE PHOTO  -  525 words
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      Lock icon US seeks IP protection, exports in annual China trade talks
      619 21 JCCT meeting aims to air disputes and solve them before they require action at WTO Bloomberg Reuters [BEIJING] Annual USChinese trade talks opened yesterday, with American officials aiming for China to take concrete action to protect intellectual property rights and
      Bloomberg; Reuters; AFP  -  619 words
    • Article
      Lock icon JP Morgan, many others line up for MF Global’s stake in LME
      468 21 US bank will raise stake to nearly 11 if it clinches deal Reuters Bloomberg [LONDON] A raft of bidders including J P Morgan is lining up for failed brokerage MF Global’s stake in the London Metals Exchange, two
      Reuters; Bloomberg  -  468 words
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      148 19 (CUSSSft) The Leading Operator Established 1985 "Satisfying your corporate needs" We are always actively involved in identifying the true needs of our clients and ensuring that those needs are met on time and on budget. A dynamic team rich in experience, professionalism and knowledge. Always believe in going far and
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      1275 19 [«:AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SINGAPURA FINANCE LTD AND ITS SUBSIDIARIES (Incorporated in the Republic of Singapore) Company Registration Number: *****0340N SINGAPURA FINANCE m rai Financial Statements for the Year Ended 30 June 2011 IMPORTANT The following financial information contains only a summary of information in the
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      32 19 "T "7 p^K ~J 1 7 FIND THE ONES THAT FIT! Recruit the right people through CATS Recruit. Call 1800 289 8822 or email \s\ recruit@sph.com.sg to advertise. T.T I u 7
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  • Page 21 Advertisements
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      875 21 >©' »AT=i 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 Speed Service Equipment Pte Ltd (Company No. *****5388Z) Statutory Declaration By Directors of Company’s Inability To Continue Business By Reason Of Its Liabilities I, Mohd Tahir Bin
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      637 21 IN THE MATTER OF THE LIMITED LIABILITY PARTNERSHIPS ACT AND IN THE MATTER OF TU LLP (IN PARTNERS’ VOLUNTARY LIQUIDATION) PARTNERSHIP REGISTRATION NO: T09LL0420D NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE PARTNERS WAS HELD ON THE 3RD DAY OF NOVEMBER 2011, THE
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      661 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TAI ON LOONG COMPANY (PRIVATE) LIMITED (In members’voluntary winding-up) (Company Registration No. *****0246Z) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company duly convened and held at 143 Cecil Street, #12-00 GB Building, Singapore
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Qantas, unions unlikely to cut deal by today
      561 22 They are more likely to end up in binding arbitration with Fair Work Australia AFP [SYDNEY] The deadline for talks to resolve Qantas’s bitter dispute with unions, which culminated in last month’s extraordinary shutdown of the airline, expires today but industry observers
      AFP; BLOOMBERG  -  561 words
    • Article
      Lock icon HK air cargo falls 8.2% in Oct, seventh month in a row
      261 22 Reuters [HONG KONG] Hong Kong International Airport (HKIA), the world’s busiest air cargo hub, yesterday posted a seventh-straight monthly decrease in air cargo volume in October, tracking a global trend with trade declining in the United States and
      Reuters  -  261 words
    • Article
      Lock icon Fuel cost, losses threaten India’s aviation industry
      493 22 AFP [MUMBAI] India’s beleaguered aviation sector is experiencing severe turbulence as high jet fuel costs, fierce competition and losses threaten carriers’ survival, analysts said. The crisis engulfing Kingfisher Airlines, owned by billionaire liquor baron Vijay Mallya, has already sounded alarm bells, as it
      AFP  -  493 words
    • Article
      Lock icon Baltic index falls, fleet growth adding pressure
      450 22 Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, ended last week on a low as weaker sentiment and a build-up of available vessels weighed on the market. The overall index fell 3 points or 0.16
      Reuters  -  450 words
    • Article, Illustration
      Lock icon Lion Air to add China, Korea and Taiwan to its routes
      436 22 Bloomberg [JAKARTA] PT Lion Mentari Airlines, Indonesia’s biggest budget carrier, plans flights to cities in China, South Korea and Taiwan after signing a record preliminary order for 230 Boeing Co 737 aircraft. Lion Air will get the planes from
      Bloomberg; FILE PHOTO  -  436 words
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      42 22 Low-Cost Global Crew Payments Pay any crew member anytime, anywhere. Direct deposit to bank accounts worldwide Brandable prepaid cards e-wallets Western Union cash pickups at 400k+ locations Multi-currency multi-lingual payment service Online,Mobile IVR account access for crew www.hyperwallet.com/shipping shipping@hyperwallet.com +65 6408 0640
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      11 22 CATS Recruit The first door to your world of opportunities CLA/AUG06/g
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  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      353 22 CRYPTIC CROSSWORD Across 8 Eccentric taking day off for river feature (4) 9 Reportedly, make outlet for tea? (3) 10 Prize in harbour recalled happily after vacation (6) 11 Companion with primate by Latin place of worship (6) 12 Mention awkwardly close to pharmacist lotion (8) 13 Noisy bird restrained
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  • DINING OUT
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      Lock icon Chinese, as interpreted in a Japanese style
      568 23  -  By Cheah Ui-Hoon Si Chuan Dou Hua Top of UOB Plaza 80 Raffles Place, #60-01 UOB Plaza 1 Tel: 6535-6006 SICHUAN cuisine is as Chinese as it gets, but it can also be innovatively interpreted in a Japanese style, as shown by master
      568 words
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      Lock icon A seductive place for dinner dates
      651 23  -  Chef Laurent Peugeot lives up to the rave reviews he consistently gets for his delightful French-Japanese cuisine, says DEBBIE YONG DEBBIE YONG NEW RESTAURANT LP Tetsu 163, Tanglin Road, #03-18, Tanglin Mall Tel: 6836 3112 or 6799 8782 FINALLY. Michelin-starred chef Laurent Peugeot has
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      209 23 GRAB YOUR YEAR-END BUMPER ISSUE NOW! GUIDE TO GEAR: BUY SOME HAPPINESS! M 100<M> B SINGAPORE V V 100% b 11 amVI Mens i 7> MM URBANATHLUNdutc REDEFINE YOUR LIMITS'. Our Biggest Issue Ever! 106NEWM0VEST0 GETLEAN THE BEST CES PI; AT WH a GET A BODY L KETHIS l.Ulli I
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8522 24 Week ended: Nov 18 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 11.6 8Telecom 15.5 5 15.5 7.8 3.9 3.2 74.2 9.5 4.1 A-Sonic 4.6 -0.2 144 4.6 4.6 4.5 6 2.8
      8,522 words
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      Lock icon SGX CATALIST
      1735 25 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 34 12.2 t 800 Super 13.2 +0.2 548 13.2 12.8 12.9 13.3 4.7 4.2 5.1 23.6 5.5 2.5 t AA Grp 3.3 unch 80
      1,735 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      116 25 Stock name Close Change CapMallsAsia 1.340 CapitaLand 2.620 -0.040 CapitaMall 1.755 -0.045 CityDev 10.100 -0.160 ComfortDelGro 1.400 +0.005 DBS Grp 12.430 -0.380 F&N 6.220 -0.010 GLP 1.780 -0.030 Genting SP 1.540 -0.030 Golden Agri 0.660 -0.015 Stock name Close Change HK Land 4.630 -0.070 JMH 49.700
      116 words
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      Lock icon STOCKS ASIA
      2612 25 Transaction date: Nov 18 HONG KONG Vol HK$ +/-'000 Aeon Credit 5.77 -0.03 0 Aeon Stores 17.94 -0.02 0 Angang Steel 4.85 -0.28 ***** Anhui Conch 24.35 -0.95 ***** Anhuiexpresswa 4.80 -0.17 849 Asia Satellite 14.80 -0.50 15 Asm Pacific 86.10 -0.70 488 Bank Of E Asia 26.55
      2,612 words
    • Article
      Lock icon GLOBALQUOTE
      250 25 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 55.5 34 AVJennings A39 35.5 45.5 3.6 9 3.1 101.6 49 25.5 Genting HK US$ US28.5 unch ***** 29.5 28 28 28.5 1876.6 15 10 OGL Resources
      250 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 25 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 8 0 0 0 0 9 8 0 Manufacturing 72 87 35 7 11 12 79 98 47 Commerce 22 37 14 9 3 3 31 40 17 Tpt/Stor/Comms 14 25 8
      186 words
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      Lock icon SGX ETF
      984 25 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 119 +2.7 30 119 118.9 115.7 117.9 543.2 1261 856 CIMBAsean40 100US$ US942 -12 91 985 942 939 949 37.7
      984 words
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      Lock icon SECURITIES TRADING TURNOVER
      123 25 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 90,605 90,605 283,589 283,589 Manufacturing 895,214 60,352 955,566 686,065 434 686,499 Commerce 644,890 40,368 685,258 756,436 2,239 758,675 Tpt/Stor/Comms 617,321 235,672 852,993 699,535 30,117 729,652 Finance 74,142 146 74,288 724,262 26 724,288 Construction 285,511 33,532
      123 words
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      26 25 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 26 In local curr In S$ In US$ dy yr dy yr dy yr Nov 18 Index Change Change Change Change Change Change World Preliminary 806.4 -0.5 -10.2 -0.3 -8.5 -0.5 -9.6 EAFE Preliminary 665.5 -1.0 -16.9 -0.7 -14.5 -0.9 -15.5 Europe Preliminary 986.6 -0.7 -15.6
      373 words
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      Lock icon SMX MARKET UPDATE
      128 26 As on 18 November 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT DEC2011 1735.3 1719.9 1731.3 60 SILVER FUT DEC2011 31.995 31.535 31.82 8 CURRENCY AUD-USD FUT DEC2011 1.0072 0.9941 0.9996 3042 EUR-USD FUT DEC2011 1.3606 1.345 1.3511 9382 GBP-USD FUT
      128 words
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      Lock icon CRUDE OIL & PRODUCTS
      77 26 CRUDE OIL PRODUCTS Nov 17 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.60 -2.35 WTI (Near Mth) 99.07 -3.09 Dubai (1-Mth F) 108.43 -1.18 Tapis blend 117.76 -1.41 Minas 113.96 -1.41 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 97.17 0.50 Jet Kerosene 130.75 -0.35 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon CHICAGO BOT
      107 26 Nov 18 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 12 1168.25 unch 1177.50 1152.75 Mar 12 1178.25 1178.50 1187.50 1162.75 May 12 1188.00 unch 1197.25 1173.25 Jul 12 1197.00 1196.50 1206.00 1182.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 11 50.88
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    • Article
      Lock icon GOVERNMENT SECURITIES
      81 26 Nov 18 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 16.02.2012 0.32 1-Year BY*****W 01.11.2012 0.31 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.40 103.46 103.46 5-Year N*****0W 1.125 01.04.2016 102.57 102.70 102.70
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      466 26 Nov 18 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.3275 0 1276 Mar12 99.1900 0 2835 Jun12 99.1800 0 1053 Sep12 99.1750 0 559 EUROYEN TIBOR FUTURES Dec11 99.6650 99.6650 99.6650 99.6650 2000 4448 Mar12 99.6450 99.6450 99.6450 99.6625 50 1954 Jun12 99.6200 99.6200 99.6200
      466 words
    • Article
      Lock icon SGX FUTURES
      164 26 Nov 19 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Dec 11 342.9 335.0 342.9 13 474 Jan 12 343.0 343.0 343.0 2 328 Feb 12 344.9 205 Mar 12 350.0 288 Apr 12 354.0 162 May 12
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    • Article
      Lock icon LONDON METALS
      71 26 Nov 18 Nov 18 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2089.75 2073.25 3 months 2110.00 2094.00 Copper, Grade A (US$/tonne) Cash 7500.75 7517.75 3 months 7525.00 7540.00 Lead (US$/tonne) Cash 2036.00 1990.00 3 months 2059.00 2014.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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      Lock icon STOCK INDEX FUTURES
      24 26 Nov 18 Open High Sett STI Nov 2730 SIMSCI Nov 315.4 317.0 311.7 Taiwan Nov 262.5 263.1 256.7 Source: SGX Derivatives
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2205 26 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 45 52.50 30 ASJ Hldgs W*****1 0.1 -0.1 1584 1 4 24 33.00 3 AlliedTech W*****2 1.7 1 4 24 Ascendas Reit.ES.1111 203 Aztech Grp
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    • Article
      Lock icon LIFFE
      82 26 Nov 18 COCOA (£/tonne) Close Prev High/Low Dec 11 1537 1577 1572/1533 Mar 12 1565 1604 1601/1562 May 12 1581 1618 1611/1579 Jul 12 1596 1632 1621/1596 COFFEE (US$/tonne) Close Prev High/Low Nov 11 1839 1814 1839/1839 Jan 12 1880 1853 1903/1838 Mar 12 1917 1893 1939/1880 May 12
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    • Article
      Lock icon INTERBANK CROSS RATES
      464 26 Nov 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.029 6.360 0.740 7.792 51.373 90.625 0.768 11.395 3.164 1.318 87.083 43.434 1.298 8.193 0.917 30.266 30.977 0.633 1.001 Canada 0.972 6.179
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    • Article
      Lock icon SIBOR
      82 26 Nov 18 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon PRECIOUS METALS
      137 26 Nov 18 GOLD (US$/oz) Nov 17 Nov 18 Hong Kong 1766.00 1729.00 Nov 18 Nov 17 London 1723.89 1735.19 1724.90 1736.18 Source: Thomson Reuters CAST BAR Nov 18 (S$) Selling Buying Kilobar 77,317.13 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 173 72 5gm 492 360 10gm 878
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    • Article
      Lock icon PALM OIL
      57 26 Nov 18 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 11 3190 3271 3280 3190 570 7241 Jan 12 3195 3260 3275 3180 9215 ***** Feb 12 3192 3248 3270 3177 ***** ***** Mar 12 3187 3245
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 26 Nov 18 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2967 1.2983 1.0003 1.0008 Canadian dollar 1.2599 1.2614 0.9719 0.9723 Euro 1.7519 1.7536 1.3515 1.3517 NZ dollar 0.9830 0.9854 0.7583 0.7596 Sterling pound 2.0488 2.0505 1.5805 1.5806
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 26 Nov 18 S$ Bid Offer 1-month 1.2963 1.2974 2-months 1.2961 1.2972 3-months 1.2957 1.2967 6-months 1.2925 1.2940 Source: OCBC
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 26 As at 9am Nov 18 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.326 1.263 Can dollar 1.283 1.234 Euro 1.778 1.71 Sterling pound 2.081 2.001 NZ dollar 1.011 0.963 US dollar 1.316 1.266 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      154 26 Nov 18 $S Offer Bid 0vernight 0.02 par 1-month 5/16 3/16 2-months 5/16 3/16 3-months 5/16 3/16 Overnight mode: 0.10 US$ Offer Bid 7 days 0.30 0.20 1 month 0.45 0.25 2 months 0.55 0.35 3 months 0.60 0.40 6 months 0.80 0.60 9 months 0.95 0.75 12
      154 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    4428 27 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 Destination
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  • Page 27 Advertisements
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      41 27 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? PLACE YOUR AD HERE THE BUSINESS TIMES SHIPPING TIMES CALL JOE WONG AT 9620 1327 To All Shipping Advertisers: Please call Joe Wong at 9620 1327
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      122 28 SHipping lines seeking reliable logistics partners R rgently n cfl ca by shippers n -they -Find youi re in -the Shippii servio ig Time THE BUSINESS TIMES SHIPPING TIMES THE RESULTS 7 AREIC LEAR Sail .£561 messages. SPH newspapers are good tools foTcommunicating and displaying companies' corporate matters As a
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      16 28 I CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES SHIPPING TIME PLACE YOUR AD HERE
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  • BizlT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • Article, Illustration
      Lock icon Waking up to power of social media
      1015 29  -  NM Incite says S’pore firms are just scratching the surface in terms of exploiting social media’s potential, reports AMIT ROY CHOUDHURY COMPANIES in Singapore have only just started to scratch the surface in so far as tapping the potential of social media for
      1,015 words
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      Lock icon iPhone 4S continues to reel users in
      965 29  -  <cool stuff> VICTORIA HO Reporter THE iPhone has become Singapore’s favourite smartphone by far, with one in two smartphones here being an iPhone, according to InMobi data. And it’s not hard to understand why. For one, it’s the iPhone the one that has
      965 words
    • Article
      Lock icon Two views of the technology world
      453 29 Gartner figures show sales of PCs down, mobile phones up NYT [NEW YORK] Here are two views of the world: The technology industry is tumbling into an abyss, as a global economic anxiety attack makes consumers ever more reluctant to spend. Or, despite the
      NYT  -  453 words
    • Article, Illustration
      Lock icon Symantec, SingTel offer cyber security services
      875 30  -  Partnership means Symantec cloud users can protect themselves against viruses, malware, spam and other online threats By DOLLY CHIA EXISTING Symantec cloud users can now enjoy cloud-based cyber security solutions through SingTel’s PowerON security for a monthly subscription of $3 per employee. Powered by
      YEN MENG JIIN  -  875 words
    • Article
      Lock icon Amazon reported to roll out smartphone in 2012
      184 30 Xinhua [SAN FRANCISCO] Online retail giant Amazon is working on a smartphone scheduled to be released in the fourth quarter of 2012, US media reported last week. A note from Citigroup analyst Mark Mahaney obtained by technology news site All Things Digital
      Xinhua  -  184 words
  • Page 29 Advertisements
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      Lock icon Page 29 Advertisements Column 1
      70 29 Acti r >r i TOPPING OUT Sets appeal Mentawais' seismic surf Rainbow walls 4 Jiibbatdtha reef highlight: ft Nepal's summit-to-sea adventurer Race review from Wulong MITTING IVEREST M TIBET t Asia's best outdoors magazine Now with a great new look! Get the latest copy today! Ask your local bookshop or
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      31 29 Over 1 20,000 downloads! 913FM o o (A>k Slw«/"TWs.. -r t£> 913FM Get your free iPhone/iPad app now! *asof 17th Oct 2011 91.3FM TGDJY'S BEST MUSIC Available on the App Store
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