The Business Times, 3 February 2012

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Microfilm: NL31791
Total Pages: 40
1 40 The Business Times
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  • Title Section
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    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Friday, February 3, 2012
    25 words
  • Article, Illustration
    Lock icon Few ‘like’ Facebook’s status update
    891 1  -  IPO may value company at US$100b, but only early movers are happy; others remember tech bubble By JOYCE HOOI [SINGAPORE] Facebook’s initial public offering (IPO) to raise US$5 billion might be the largest in Internet history, but deep-pocketed investors are not rushing to “friend” it.
    REUTERS  -  891 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      110 1 HST INDEX 2,901.04 (-3.72) HST INDEX FUTURES 2,901 (-4) GSIMSCI 333.86 (+0.50) GSIMSCI FUTURES 335.00 (+1.80) US$ S$ US$ (S$ per US$) 1.248 (US$/S$ per 1.582 1.974 EURO (US$/S$/E) 1.314 1.639 Foreign currency per US$ S$ YEN 76.10 61.00 RM 3.020 2.420 HK$ 7.756 6.217 BAHT 30.94 24.80 RUPIAH
      110 words
    • Article
      Lock icon PRIME RATES
      17 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.797 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
      17 words
  • Article
    Lock icon Oil traders face financing crunch, LC lines cut
    495 1  -  Eurozone worries and costlier oil choking up trade By RONNIE LIM [SINGAPORE] Oil traders here are encountering a tougher environment as far as financing deals is concerned, sources have told BT. The problems first emerged about a month ago, brought on largely
    495 words
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      166 1 MARINA BAY SANDS Analysts zero in on bad debt reserves PAGE 4 PROPERTY Jervois Road condo plot attracts 17 bids PAGE 2 LUXE TRAVEL Chic destinations for globe-trotters PAGES 21-27 JAPAN Report spooks govt bond market PAGE 20 *****1 *****4 s SRRCnR GENEVE Creator of dreams Magic Moon Collection Dragon
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      7 1 EXECUTIVE LIFESTYLE TOAST TO SAKE PAGE 40
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  • TOP STORIES
    • Article
      Lock icon Bridging loans, jobs credit on SME wishlist
      755 2  -  SMEs also call for more help for smaller businesses By FELDA CHAY [SINGAPORE] Small and medium-sized enterprises (SMEs) here are calling for a revival of some of the schemes Singapore introduced in 2009 to tide through the financial crisis, even though the government
      755 words
    • Article, Illustration
      Lock icon Choice Jervois Rd plot draws 17 bids, topped by SingLand
      916 2  -  Top bid values D10 site at $880.74 psf ppr, to be sold at $1,500-1,600 psf By KALPANA RASHIWALA [SINGAPORE] A plum 99-year leasehold private condo plot at Jervois Road drew a whopping 17 bids yesterday, attesting to the site’s choice
      916 words
    • Article
      Lock icon Insurance to cost more in areas hit by natural disasters
      480 2  -  Singapore market to remain soft and competitive: broker By JASMINE NG [SINGAPORE] Commercial insurance rates in Asia are expected to climb in regions affected by natural disasters following record insurance losses last year. According to global insurance broker and risk
      480 words
    • Article, Illustration
      Lock icon Privately public
      450 2  -  REUTERS BREAKINGVIEWS FACEBOOK’S US$5b IPO By ROBERT CYRAN ROB COX FACEBOOK’s US$5 bil-lion-plus initial public offering (IPO) won’t bring a major status update. Listing on a stock exchange typically brings lots of changes. But tick through the list, and it’s clear that the social network, which filed for
      450 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      474 2 Few ‘like’ Facebook’s status update FACEBOOK’S initial public offering to raise US$5 billion might be the largest in Internet history, but deep-pocketed investors are not rushing to “friend” it. The retail investor without access to earlier private Facebook deals might have missed this in their Newsfeed: those who
      474 words
    • Article, Illustration
      Lock icon Analysts zero in on higher bad debt reserves at MBS
      864 4  -  This is despite Q4 Ebitda of US$427m on 44% higher net revenue of US$807m By GRACE LEONG [SINGAPORE] Amid bullishness on Las Vegas Sands Corp’s (LVS) stellar fourthquarter earnings and its first-ever dividend payout, analysts have cast the spotlight on
      864 words
    • Article
      Lock icon Genting S’pore’s prospects given the thumbs-up
      526 4  -  Opening of new hotel, aquarium will add to attractions By PAULINE NG in Kuala Lumpur A MAJOR laggard in 2011, Genting Singapore (GenS) appears on course to ride the water dragon’s prosperity this year, according to gaming analysts. Continuing strong crowds albeit somewhat thinner
      526 words
    • Article
      Lock icon India’s top court cancels 122 licences in 2G auction scandal case
      574 4 Ruling may benefit big players such as Vodafone and Bharti Airtel: analysts Reuters [NEW DELHI] India’s Supreme Court yesterday ordered telecoms licences issued under a scandal-tainted 2008 sale be revoked, striking a blow against corruption that plagues the country
      Reuters  -  574 words
    • Article
      Lock icon Fortis to open $70m colorectal specialist hospital
      569 4  -  By JOYCE HOOI [SINGAPORE] Fortis Healthcare International will be opening the region’s first colorectal specialty hospital here in July, in a $70 million move to make Singapore its international hub. The Singapore-based unit of Mumbai-listed Fortis Healthcare (India) Ltd is currently building the
      569 words
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      41 2 Happy Lunar New Year tMJ $10 miiuon Hong Bao Draw Fri, 3 Feb 2012, 9.30pm For details, visit www.singaporepools.com.sg Ip Yri) Always play with care. [responsibly! Do not bet illegally. RGB Reg No: *****0202G Towards Community Purpose and Benefit SINGAPORE POOLS
      41 words
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      221 3 THOMSON AS GRAND r OF A NEW LEVEL Novel Launch! Offerings: Early bird discount Luxurious furnishing package I valued up to $68,800 on a limited offer. Savour gracious living with your loved ones at Thomson Grand, the Lion City’s newest residence featuring unsurpassed refinement. Offering a panoramic view of the
      221 words
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      143 4 I r nSn /S^ >> (''zy 'S\ V r&C ■>j. k. S &mV4® I V- Julius Bar Private Banking EXCELLENCE LIES IN ATTENTION TO THE FINER DETAILS. At Julius Baer we recognise that no two clients are alike. This is why we commit ourselves to understanding the finer details of
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      175 5 Performance Motors Limited Sheer Driving Pleasure pml-bmw.com.sg m i 1 L •6* res BMW XI BMW 7 Series m m o? m ■y- Vm m 'W* r- r K i« m SOARING PERFORMANCE. MADE FOR THE ROAD. The Singapore Airshow, Asia’s acclaimed aviation exhibition, is here again. And once more,
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      157 6 THE DRAGON SPRINGS TO LIFE The Dragon Year brings five fortuitous dishes to the Spring repertoire of ‘Plates of Pleasure’, inspired by traditional Lunar New Year favourites. Enjoy unlimited servings of these ‘Plates of Treasures’ such as Lokkaido Scallops and US Angus Beef, in addition to a hearty buffet dinner
      157 words
  • COMPANY NEWS
    • Article, Illustration
      Lock icon SIA’s Q3 earnings plunge 53% on high fuel costs
      574 6  -  It sees signs of weakness in both passenger and cargo sectors in Q4 By VEN SREENIVASAN SINGAPORE Airlines’ third-quarter profit slumped 53 per cent to $135.2 million, from $288.3 million a year earlier, due to persistently high jet fuel prices. But
      BLOOMBERG FILE PHOTO  -  574 words
    • Article
      Lock icon Cautious outlook for local banks’ Q4 results
      452 6  -  By EMILYN YAP ANALYSTS have issued guarded prognoses for the three local banks ahead of the release of their fourth-quarter and full-year results this month. “Don’t expect positive catalysts from results,” said CIMB analysts Kenneth Ng and Daniel Lau, who expect Q4 net
      452 words
    • Article, Illustration
      Lock icon StarHub’s Q4 net profit up 15.1% at $92.6m
      683 6  -  Mobile business main Q4 revenue driver at $312.2m, up 3.1% By VICTORIA HO STEADY performance from its mobile and broadband businesses pushed StarHub’s net profit for 2011 to $315.5 million, up 19.9 per cent from the previous year. The triple-play provider saw
      683 words
    • Article
      Lock icon Asian firms face tighter credit, higher default
      641 8  -  But Asian banks could gain market share as Europe deleverages: Moody’s By KENNETH LIM A CREDIT squeeze lies ahead for Asian companies in 2012, and defaults and downgrades are likely to increase, Moody’s Investors Service said in a report on Wednesday. Chinese property
      641 words
    • Article, Illustration
      Lock icon CEOs must pay for bourse merger failure
      391 8  -  REUTERS BREAKINGVIEWS By ANTHONY CURRIE DUNCAN Niederauer and Reto Francioni deserve a bit of a spanking for their failure to mate. Sure, the chief executives of NYSE Euronext and Deutsche Boerse, respectively, had a good financial case for putting the two exchanges together.
      391 words
    • Article, Illustration
      Lock icon NYSE may appeal EU ruling on Deutsche Boerse
      814 8 CEO says NYSE will now consider options for growth Bloomberg Reuters [LONDON] NYSE Euronext chief executive officer Duncan Niederauer said the exchange operator is considering whether to appeal against European regulators’ veto of its merger with Deutsche Boerse AG. An “appeal is
      Bloomberg; Reuters; BLOOMBERG  -  814 words
    • Article
      Lock icon Goldtron EGM to vote on ouster
      442 11  -  Seven shareholders propose to unseat three directors, vote in four new ones By KELLY TAY ELECTRONICS manufacturer Goldtron Ltd is holding an extraordinary general meeting (EGM) on March 2 for shareholders to vote on resolutions put up by seven disgruntled shareholders to oust three
      442 words
    • Article
      Lock icon Deutsche Bank cuts investment bankers’ pay
      327 11 Bloomberg [FRANKFURT] Deutsche Bank AG cut pay for employees at the corporate and investment bank by 15 per cent in 2011 after income at the division plunged, following lower compensation at Wall Street competitors. Germany’s biggest bank set aside 5.05 billion euros (S$8.3 billion)
      Bloomberg  -  327 words
    • Article, Illustration
      Lock icon One-time charges hit Nasdaq profit
      233 11 Reuters [NEW YORK] Nasdaq OMX Group Inc’s quarterly profit declined due to a number of expenses, but when stripping out the one-time charges, the Nasdaq stock market parent beat analysts’ expectations. Nasdaq earned US$82 million, or 45 cents per diluted share, in the fourth quarter,
      Reuters; BLOOMBERG  -  233 words
    • Article, Illustration
      Lock icon GLP to develop logistics facility in Okayama
      379 11  -  79,023 sq m facility to come onstream in February next year By NISHA RAMCHANDANI GLOBAL Logistic Properties (GLP) plans to start developing a large-scale logistics facility in Okayama, Japan, in June this year, making it the second project under its joint venture with
      379 words
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      703 7 WORKING is a regular newsletter by the Ministry of Manpower (MOM). In this issue, we discuss Best Sourcing, which will help improve employment terms and conditions for outsourced workers while achieving more reliable and better value-for-money services for service buyers. SERVICE PROVIDER SERVICE BUYER SERVICE PROVIDER Ct' I can provide
      703 words
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      400 8 sy f. tidin Celebrate auspicious in the Year of the Dragon Usher in the dragon year with exquisite feasts and a tempting accommodation package. Festive indulgence (9 January to 6 February 2012) Savour an enticing reunion feast at Hai Tien Lo. Menus start from S$98++ per person. Prosperity and longevity
      400 words
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      113 9 EUR0r^7NCAP www.euroncap.com TEST 2009 S 8.5s 0-100 h m LITRES /•O /100KM 5-STAR ncap $8, A W' K 1 i Vv> 's. t ASTRA i Terms and conditions apply. The new ASTRA 1.6 TURBO 220BPM@ 180BHP. Even when standing still, the Astra 1.6 Turbo can send your heart racing. The
      113 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Penny stocks still being churned
      556 10  -  Turnover excluding foreign currency issues was 3.3 billion units worth $1.9b for an average of 57 cents per unit STOCKS R SIVANITHY Senior Correspondent BETTER-THAN-EX-PECTED United States manufacturing data yesterday helped push the Straits Times Index (STI) up some 20 points to an intraday high
      Source: Bloomberg  -  556 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 10 Feb 2 VALUE CLOSE BT OB/OS 956.00 +59.0 BT CADI -*****.00 +270.0 BT 10-day MA -*****.00 +96.00 FTSE ST Mid Cap 656.14 +9.16 FTSE ST Small Cap 448.28 +7.58 FTSE ST All Share 699.61 +1.59 FTSE ST China Top 219.21 +3.57 FTSE ST China 250.82 +2.65 FTSE
      66 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 3 2 0 0 0 10 3 2 Manufacturing 118 32 34 14 2 9 132 34 43 Commerce 44 10 13 5 4 2 49 14 15 Tpt/Stor/Comms 32 5 6
      186 words
    • Article
      Lock icon BROKERS’ TAKE
      983 10  -  Compiled by JAMIE LEE Banking Sector CIMB RESEARCH, Feb 2 BANKS’ fourth quarter season could reflect much slower loan growth and potentially some tailend effects of margin pressure. In the past two years, powerful loan growth had negated contracting NIMs for Singapore banks, keeping their NII on an
      983 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 74,258 74,258 137,598 137,598 Manufacturing 470,794 109,513 580,307 316,593 1,527 318,120 Commerce 501,887 32,216 534,103 267,590 2,185 269,775 Tpt/Stor/Comms 308,441 27,562 336,003 385,828 4,422 390,250 Finance 28,382 28,382 184,927 184,927 Construction 316,053 112,433 428,486 45,162
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 10 Stock name Close Change CapMallsAsia 1.340 +0.005 CapitaLand 2.630 -0.010 CapitaMall 1.720 +0.015 CityDev 9.980 +0.050 ComfortDelGro 1.440 -0.020 DBS Grp 13.360 -0.170 F&N 6.730 GLP 1.995 -0.005 Genting SP 1.605 +0.015 Golden Agri 0.730 HK Land 5.080 -0.100 JMH 52.300 +0.090 JSH 31.210 -0.140 Jardine
      112 words
    • Article, Illustration
      Lock icon Euro steady after Australian trade data
      405 10 CURRENCIES AFP [TOKYO] The euro held steady against the US dollar and yen in Asia yesterday after risk sentiment slightly improved on better-than-expected trade data from Australia. The euro bought US$1.3181 and 100.35 yen in Tokyo afternoon trade, compared with US$1.3161 and 100.31 yen
      AFP  -  405 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      61 10 VOLUME GMG Global 179,817,000 Oceanus 145,128,000 Noble Grp 125,092,000 UniFiber 115,732,000 Sunmoon 106,138,000 Genting SP 101,262,000 TopGlobal 94,546,000 HPH Trust US$ 73,774,000 Golden Agri 56,958,000 See Hup Seng 55,277,000 VALUE($) Noble Grp 173,281,675 Genting SP 163,049,445 SingTel 122,178,752 Keppel Corp 81,893,600 Wilmar 80,474,067 DBS Grp 74,217,361 HPH
      61 words
    • Article
      Lock icon RISES
      113 10 BY CENTS CLOSE UP DBXT AUDCS 5US$ *****1021.6 4.0 DBXT USDIGInfl 5US$ ***** 499.0 1.5 DBXT iBoxxUSTr 5US$ ***** 223.3 0.9 DBXT AUDCS 5SG$ ***** 202.0 0.8 DBXT Nifty 10US$ ***** 182.1 1.4 DBXT MSEurope 10US$ 4330 162.2 3.1 DBXT MSKorea 10US$ 5775 139.7 2.0 Lyxor AsiaRE 10US$ 815
      113 words
    • Article
      Lock icon FALLS
      128 10 BY CENTS CLOSE DOWN DBXT EONIA 5US$ ***** -2121 -8.5 DBXT S&P Short 10US$ 3939 -49.9 -1.0 DBS Bk 4.7% NCPS 100 ***** -30.0 -0.3 JSH 3121 -17.5 -0.4 DBS Grp 1336 -17.0 -1.3 DBS.ES.1202 1335 -15.0 -1.1 Hyflux 6% CPS 10 ***** -15.0 -0.1 HK Land 508 -12.5
      128 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 10 DAILY
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      2 11 www.omy.sg yzone.omy.sa
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      686 11 YOMA STRATEGIC HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****0185E) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 10 a.m. on 20 February 2012 at Ballroom 1, Level 3, Amara Hotel, 165 Tanjong
      686 words
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      56 11 ART SEASONS Singapore I Beijing I Jakarta Opening Show Ordinary People By Seong Tae Jin Feb 2-Feb 19, 2012 ART SEASONS at PoMo Gallery hours: Mondays to Saturdays from 11am to 7pm, and Sundays from 1pm to 6pm. We are closed on Public Holidays. T +65 6741 6366 F +65
      56 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Scal explains how foreign worker levy has hit industry
      393 12  -  Levies have hurt smaller contractors hard; members urged to mechanise By FELDA CHAY THE construction industry, which has been badly hit by foreign worker curbs, say that a proposal to link a company’s foreign worker quota to its efforts to improve
      393 words
    • Article, Illustration
      Lock icon Developers set for more launches
      488 12  -  By MICHELLE TAN PROPERTY developers are continuing to plow ahead with their pipeline of launches, even as they ponder over the best course of action to take following the government’s latest cooling measure, the additional buyer’s stamp duty (ABSD). Frasers Centrepoint for one, will go
      ARTHUR LEE  -  488 words
    • Article
      Lock icon Hotel industry’s performance likely to see slowdown
      364 12  -  By NISHA RAMCHANDANI WHILE 2011 turned out to be a stellar year for Singapore’s hotel industry, it is likely to deliver a more moderate performance this year as the eurozone crisis continues to unfurl, forecasts hospitality consultancy firm HVS Global Hospitality Services. HVS
      364 words
    • Article, Illustration
      Lock icon Singapore, US sign three new bilateral agreements
      508 12  -  One pact involves joint devt efforts in Lower Mekong region By LEE U-WEN SINGAPORE and the United States have signed three new bilateral agreements. Among them are pacts to work together on training and development in countries in the Lower Mekong region. These
      AP  -  508 words
    • Article
      Lock icon Time-stamps for catered food from Feb 15
      334 12  -  By EDWIN LOH CONSUMERS of catered food will now know exactly how long their food has been out of the kitchen with a new regulation requiring caterers to time-stamp their meals. “(Time-stamping) seeks to provide useful information for consumers to make well-informed choices
      334 words
    • Article, Illustration
      Lock icon Nine appointed NMPs
      198 12 NINE people picked from various sectors including business, labour and civic communities have been appointed Nominated Members of Parliament (NMPs). Representing the business and industry sectors are DBS managing director Tan Su Shan, 44, and Pacific International Lines managing director Teo Siong Seng. Mr Teo, 57, is
      198 words
    • Article
      Lock icon S’pore retail, office markets among top picks in Asia
      361 12  -  By BRYAN KOH SINGAPORE’S retail and office property markets emerged among Pacific Star’s top picks for 2012. Pacific Star Group, one of Asia’s leading real-estate investment houses, believes that the Republic could benefit from an expansion of international brands in Asia
      361 words
    • Article
      Lock icon SFIC launches $1 m training fund
      335 12  -  By EVE YEO A $1 million training assistance fund was launched yesterday by the Singapore Furniture Industries Council (SFIC) to help its members offset staff training costs. The Member Assistance Scheme (MAS) will include over 280 members under the SFIC and provide each member
      335 words
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      960 13 Institute of Certified Public Accountants of Singapore ICPAS PRE-BUDGET ROUNDTABLE 2012 Jobs Productivity Growth m JagS-ST; I 1?'^ 1 I I Wi II at i r r: m -i: M M I Ifl Roundtable Discussion head of the Singapore Budget Debate, the Institute of Certified Public Mm Accountants of Singapore
      960 words
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  • ECONOMY WATCH
    • Article
      Lock icon Norway struggling to keep housing bubble at bay
      820 14 Low interest rates spur borrowing, prices; raising rates could derail market Reuters [OSLO] Made a safe haven for global capital by its oil-driven prosperity, Norway is struggling to contain the sort of housing market bubble which launched four years of global financial
      Reuters  -  820 words
    • Article
      Lock icon Australia boasts record trade surplus for 2011
      541 14 Dec surplus widens to A$1.7b; A$ hits 5-month highs Reuters [SYDNEY] Australia’s trade surplus rebounded to the highest in three months in December as the re-source-rich country exported more gold and coal, setting the seal on a record year of earnings that is
      Reuters  -  541 words
    • Article, Illustration
      Lock icon Japan Inc bleedingbut talk of demise premature
      629 14 Despite poor results brokers have neutral stance on Nikkei 225 Reuters T O KY O J a p a n s punch-drunk corporate sector looks to be out for the coun t h a v i n g b een knocked off its
      Reuters; AP  -  629 words
    • Article, Illustration
      Lock icon IMF gives Argentina 180 days to fix economic data
      473 14 Reuters [WASHINGTON] The International Monetary Fund on Wednesday gave Argentina 180 days to improve the quality of its inflation and economic growth data, which the lender said has fallen short of global standards. According to the IMF’s articles of agreement, a
      Reuters; REUTERS  -  473 words
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      1278 14 WATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LBGA TRADING (SINGAPORE) PTE. LTD. (In Members’ Voluntary Liquidation) Reg No. *****3659D NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at Lot 606, Off Jalan SSI
      1,278 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon TNB, Petronas plan 2 Sabah projects
      608 15 RM2b to be invested in gas-fired power plant, liquefied natural gas terminal [KUALA LUMPUR] Tenaga Nasional Bhd (TNB) and Petroliam Nasional Bhd (Petronas) are investing RM2 billion (S$823 million) in a 300 MW gas-fired power plant and liquefied natural gas (LNG) terminal in Sabah,
      608 words
    • Article
      Lock icon Indonesia to set up US$5.6b plantation firm
      497 15 Govt to tap investor interest with IPO after merging assets Reuters [JAKARTA] Indonesia’s government plans to create one of the world’s largest palm oil and rubber firms in March by combining state planters with total assets of US$5.6 billion. The plan will consolidate
      Reuters  -  497 words
    • Article, Illustration
      Lock icon Malaysia’s first football millionaire risks FIFA ban
      384 15 Reuters [TOKYO] Malaysian striker Safee Sali has become his country’s first soccer millionaire by re-signing with Indonesian club Pelita Jaya but it could earn him an international ban. The 28-year-old risks being frozen out of Malaysia’s national side by opting to stay in
      Reuters; FILE PHOTO  -  384 words
    • Article
      Lock icon Record yields drive Indonesian corporate sukuk
      538 15 Bloomberg [SINGAPORE] Indonesian companies including PT Bank Muamalat Indonesia and PT Bank Syariah Mandiri are planning to tap the Islamic bond market this year after the nation’s rating upgrade pushed benchmark yields to a record low. Bank Muamalat, the country’s second-largest syariah bank, will
      Bloomberg  -  538 words
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      1011 15 [«Aia NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CRYSTALLINE INVESTMENTS PTE LTD Co. Reg. No. *****8119W (IN MEMBERS’ VOLUNTARY LIQUIDATION) FINAL GENERAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act, Cap.
      1,011 words
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      648 15 NutritionPark.com Longest Warranty! Lowest Prices! PROSTAR WHEY PLATINUM SERIES (5LBS) kQTJ MUSCLE JUICE (13.2LBS) ULTIMATE NUTRITION RED ZONE (120 CAPLETS) Work out harder, longer burn fats UP 6 79.40 5.50 Premium formula with J complete balance FREE h f of multivitamins multiminerals. Also available in W.4lbs. NUTRITION WHET SUPREME (SEES)
      648 words
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      56 17 Z-M < m. K* ID m Kj S&S&& -'•TwTO l>1 ■*9 jSS ■':>,■ :V -V i m W&*it y^; J-I** IP rfe; wvy gpBL fw 41 m ►i m. w: m W»!7W IS vr i'S U «r< U /i q iVXj SSjL J, 'NStsTHa m V I I r? Sir
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China economy headed for hard landing: analyst
      695 18 But most other economists at a conference expect 8-10% growth Bloomberg [NEW YORK] China’s economy is headed for a “hard landing” this year as weaker demand overseas chokes off exports, said Gary Shilling, who correctly forecast the US recession that began in December
      Bloomberg  -  695 words
    • Article, Illustration
      Lock icon Merkel says euro made Europe stronger
      595 18 She reassures China that the euro crisis is under control AFP [BEIJING] German Chancellor Angela Merkel said yesterday that the euro had “made Europe stronger”, as she sought to reassure Beijing that the eurozone crisis is under control on the start of a three-day
      AFP; REUTERS  -  595 words
    • Article
      Lock icon India poised to be world’s biggest arms importer
      578 18 AFP [NEW DELHI] India’s planned purchase of 126 fighters from France’s Dassault marks the latest stage in a huge military procurement cycle that has turned the world’s largest democracy into its biggest arms importer. The final Dassault con- tract is expected to
      AFP  -  578 words
    • Article
      Lock icon China regulator publishes list of IPO applicants
      371 18 Reuters [SHANGHAI] China’s securities regulator has for the first time published a full list of Chinese companies that have applied for an initial public offering on the Shanghai or Shenzhen markets, in a move aimed at boosting transparency of the system. The list,
      Reuters  -  371 words
    • Article, Illustration
      Lock icon Eighth exec detained over river pollution
      347 18 AFP [SHANGHAI] China has detained another company official, bringing the total to eight, over a massive river pollution case in the country’s south, the government and state media said yesterday. Industrial waste including toxic cadmium polluted up to a 300-kilometre section of the Longjiang
      AFP  -  347 words
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      28 18 Raising Little India Flood control measures cause shortterm pain for long-term gain GENELIA AND RITEISH GETTING MARRIED GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
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  • WORLD
    • Article, Illustration
      Lock icon Sony warns of US$2.9b loss ahead
      723 19 Forecast is double what was expected; new CEO vows to turn things around Reuters [TOKYO] Ailing Japanese electronics giant Sony Corp warned it was heading for a bigger-than-expected US$2.9 billion annual loss, presenting a daunting task for incoming CEO Kazuo Hirai, who vowed to
      Reuters; REUTERS  -  723 words
    • Article, Illustration
      Lock icon JP Morgan scores big win with Facebook IPO
      582 19 Reuters [NEW YORK] JPMorgan Chase Co surprised Wall Street by winning a leading role in Facebook’s much anticipated public offering, besting other banks that have competed for months for the coveted position. Morgan Stanley, JPMorgan and Goldman Sachs Group got the lead
      Reuters; BLOOMBERG  -  582 words
    • Article
      Lock icon Pfizer recalls 1m birth control packets after mix-up
      526 19 Company estimates that only about 30 packets were flawed AP [INDIANAPOLIS] Birth control pills are known to be nearly 100 percent effective when taken properly, but a recall of the drugs could send a shudder through women of childbearing age. A manufacturing
      AP  -  526 words
    • Article
      Lock icon Facebook’s five core values
      357 19 AFP [WASHINGTON] Facebook founder Mark Zuckerberg revealed his company’s five core values on Wednesday in a letter as he filed paperwork to raise US$5 billion in the largest flotation ever by an Internet company. Here is that portion of the letter: “Focus on impact If we
      AFP  -  357 words
    • Article
      Lock icon Malaysia tycoon to gain from Facebook IPO
      259 19 [KUALA LUMPUR] Tycoon Vincent Tan Chee Yioun’s personal wealth could increase by as much as US$500 million this year, thanks to the initial public offer of Facebook Inc, the world’s largest social networking service company. Reports seem to suggest that Mr Tan’s MOL
      259 words
    • Article
      Lock icon Rinehart in Forbes list of wealthiest
      361 19 Reuters [SYDNEY] Australian Gina Rinehart could soon become the world’s wealthiest woman after amassing a US$18 billion fortune from mining and media investments, Forbes magazine says in its latest list of the wealthiest people in Australia. The 57-year-old widow saw her fortune almost double
      Reuters  -  361 words
    • Article
      Lock icon Irish bonds best performer among govt debt markets
      618 20 Bloomberg Reuters [LONDON] Irish, Italian, and Belgian bonds are delivering the best returns this year among euro-area debt as a liquidity lifeline from the European Central Bank eases concern that banks will dump their value-im-paired government securities. Irish bonds have gained 8
      Bloomberg; Reuters  -  618 words
    • Article
      Lock icon Report spooks Japan govt bond market
      689 20  -  Mitsubishi UFJ said to have initiated contingency plans for a market crisis By ANTHONY ROWLEY in Tokyo A SHARP shudder ran through the Japanese Government Bond (JGB) market yesterday after one of the country’s leading daily newspapers, the Asahi Shimbun reported that Japanese megabank
      689 words
    • Article, Illustration
      Lock icon Investors turn their attention to rare autos
      279 20 Bloomberg [PARIS] Car dealers who are in Paris for sales of Porsche and Aston Martin classics have revealed that a Ferrari was bought this year for about US$32 million. The GTO one of 36 produced by the Italian company in 1962 to 1963
      Bloomberg; AFP  -  279 words
    • Article
      Lock icon Q4 productivity growth slows as hirings pick up
      519 20 LATEST US DATA Bloomberg [WASHINGTON] The productivity of US workers rose in the fourth quarter at a slower pace than in the prior three months, showing companies are reaching the limits of how much efficiency they can squeeze from existing workforces. The
      Bloomberg  -  519 words
    • Article
      Lock icon Gingrich capitalises on party divisions to stay in the running
      632 20  -  By ROB CURRAN MITT Romney prevailed over Newt Gingrich in the Florida primary on Tuesday and most likely in the Republican battle for the presidential nomination. Mr Gingrich refuses to stay down, however. What was supposed to be an easy
      632 words
    • Article
      Lock icon Xstrata, Glencore in talks for merger deal
      392 20 Reuters [LONDON] Mining group Xstrata and commodities trader Glencore are in talks about an all-share deal that could create a combined group worth more than £50 billion (S$98 billion). The world’s largest diversified commodities trader already owns a 34 per cent stake in
      Reuters  -  392 words
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      70 20 Valentine’s Promotion Subscribe to Shape and Men’s Health! FREE six issues when you sign up for 12 issues at only $72! PLUS Win a pair of Ingersoll watches* worth $1,148 when you subscribe! Three pairs (Ingersoll Corondo for him, worth $559 each, and Ingersoll Baton Rouge for her, worth $589
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  • LUXE TRAVEL
    • Article, Illustration
      Lock icon Playground of the elite
      1103 21  -  GOH HWEE LENGtakes in the slopes and sights of the Swiss Alpine ski resort of Gstaad GOH HWEE LENGtakes SO what is it about the Swiss alpine ski resort of Gstaad that makes the rich and famous want to call it home (or prison for some)?
      1,103 words
    • Article, Illustration
      Lock icon Vibrant East End
      1181 22  -  WUwalks the streets of London’s East End to soak in the energy DAVEN WU FOR many, the immediate impression of London's East End comes courtesy of the long running British soap opera East Enders, with its tableau of gritty council flats, badly decorated pubs filled with people
      1,181 words
    • Article, Illustration
      Lock icon Wynn-ing ways
      750 24  -  With a focus on the non-gaming side of things, Steve Wynn has found a winning formula for his Macau resorts, reports Dylan tan reportsDYLAN reportsDYLAN TAN THE layout of the Spa at Encore, the new sister property of Wynn Macau, hides a neat visual trick that not many
      750 words
    • Article, Illustration
      Lock icon A fairy-tale destination
      767 25  -  WUis inspired by the Aman Sveti Stefan’s sensational setting in Montenegro as well as the resort’s rich history DAVEN WU AMANRESORTS founder Adrian Zecha may have sold off his controlling interest in the luxury resort group he founded back in 1988, but he's continued to oversee, with
      AMAN RESORTS  -  767 words
    • Article, Illustration
      Lock icon Don’t fight Fed’s idea of a retreat
      1051 26  -  Jackson, Wyoming, offers great skiing and pristine wilderness. And it’s also where top bankers congregate once a year, reportsKENNETH KENNETH LIM WHERE’S the one place in the world to spot wild bison, bears and the occasional central banker? That would be Jackson, Wyoming:
      1,051 words
    • Article, Illustration
      Lock icon On the tapas trail
      764 26  -  melissa lwee-ramsay finds herself spoilt for choice in Seville MELISSA LWEE-RAMSAY THERE’S nothing Singaporeans love more than “social” food. Dipping into this, taking a nibble of that and have one or more of the other all the while gossiping at a furious pace is practically a
      JONATHAN RAMSAY  -  764 words
    • Article, Illustration
      Lock icon A magical kingdom
      1084 27  -  Bhutan more than lives up to expectations, saysMICHAEL MICHAEL CHIAIMG IF you ask me, 2011’s Wedding of the Year was not Prince William’s betrothal to Kate Middleton, but the far more enigmatic and enchanting marriage of Bhutan’s dashing young king to his commoner wife. Set in a
      PHOTOS BY MICHAEL CHIANG  -  1,084 words
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      153 21 Winter is the harbinger of change and transformation. The past is now covered with pristine snow and the future holds sanguine and untold promises. m -j \mkmk K 8 i 4sfc ‘V: "1 *2^ :.V -v-X m fcl*: JP t v :.\r, Vy? 'v x 8fJ ■< -'A* ,v' WP
      153 words
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      56 22 For every iconic destination there’s an insider experience waiting to be discovered Come inside, go past the crowds and beyond the expected. Discover the unique perspective and exclusive experiences that you won't find anywhere else but on a Trafalgar guided holiday. TA 185 For more information about our 200+ itineraries,
      56 words
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      542 23 experience Advertising Feature 9Cn >? “*r dB$ 3?f i •5»’ he A' E w i* 1 ■j SS > SB m BN Kfe ■-V. KK t i3* sic uf Bj£ r irf /j i p. t aw i k </ j? *r .*> V ■>' Sv 4rr**sr /7 J V
      542 words
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      450 24 New Departure 105 JIB ANNIVERSARY2012 FLY BY SINGAPORE AIRLINES $200 OFF per couple SIPGAPORE ,R ALLIANCE MEMBER y Better Food on Better Accommodaw c Experience Spring mtlapsyn 1 W o,* Hokkaiddj Splendours Departure Date: 5&12May, 2 Jun2012 Cherry Blossom at Goryokaku Park (admission to tower inclusive) s/j Hakodate Morning Market,
      450 words
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      313 24 TM a 0A VVLS Think of Japan, Think of APPLE Travel the world with Lee-san Series 8D JAPAN SAKURA IN-DEPTH Fr 5499 Dep: 1 Apr 2012 Fr S$ w Dato’ Lee-San, JP In-Depth Tour™ Expert FOCUS JAPAN +Sakura Blossom Tokyo Disneyland Universal Studio 2 Theme Park Tokyo Kyoto Famous Sakura
      313 words
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      291 25 NORWEGIAN CRUISE LINE* www.ncl.com 'k IX. TT <57 M See the world the award-winning way. i j Pj 7 73 *4: J-l rv^- J 4 f. F Js •w*i «»H AT. .>* re > zi'V ll I i 1 zl: E s rf iV-r r r» ‘XWM ;.s L 7
      291 words
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  • Page 26 Advertisements
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      190 26 m Travel in Style Your Ultimate Lifestyle Concierge Royale Dynasty’s Services include: Travel Concierge Service Ambassador Personal Shopper VIP Private Jet Charter Private Yacht Charter Airport Premium Services Medical Concierge Personal Security Wedding Travel Planning MICE Services (Meetings. Incentives, Conventions, Exhibitions) Pamper yourself with our luxurious packages Special Premium Cruise
      190 words
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      100 26 CIFIC 'EAN DRAKE PASSAGE ATLANTIC OCEAN ft* ANTARCTICA During summer, the sunlight shines on the continent constantly, with no fall of darkness. Fly direct to Antarctica, flying over Cape Horn and the mythical waters of Drake Passage It saves up to 4 days of cruising. Enjoy the land of unsurpassed
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      381 27 v «■>* -I-' 9 I ■> IIIIII 4 m T UNIWORLD River Cruise 8D7N Springtime Along The Rhine Fr US$2399* Book Cat Five and get FREE upgrade to Cat One (Stateroom with French Balcony) SAILING DATES: 25 MAR 1 APR* 2012 I t M 3 W. 2giSjbn£*ES IZl ffll T
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      284 27 If you are a travel enthusiast eager to experience and to be immersed in an ancient and deeply spiritual culture that has endured to the 21 st Century, and have sustained the pristine beauty of its history, land and people, The Kingdom of Bhutan is your ideal destination. PERK 1:
      284 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Indonesia must diversify its growth sources
      510 28 EDITORIAL TRADE figures released in Indonesia this week show the country’s exports rose 29 per cent in 2011. This is a stellar performance that contrasts with that of many other Asian countries which have seen a decline in demand for goods overseas amid a
      510 words
    • Article, Illustration
      Lock icon Britain’s expansionary austerity is not working
      732 28  -  THE BOTTOM LINE J. BRADFORD DELONG The writer is a former assistant secretary of the US Treasury, is professor of economics at the University of California at Berkeley and a research associate at the National Bureau for Economic Research NEVILLE Chamberlain is remembered today
      732 words
    • Article, Illustration
      Lock icon Managing cash flow – a GST perspective
      1144 28  - Managing cash flow a GST perspective Here are some practical tips that can help businesses in these uncertain times By YEO KAI ENG KOR BING KEONG Yeo Kai Eng and Kor Bing Keong are partners, GST Services, at Ernst Young Solutions LLP IN today’s uncertain economic situation, the need for
      YEN MENG JIIN/THE BUSINESS TIMES  -  1,144 words
    • Article, Illustration
      Lock icon Internationalising the renminbi
      1231 29  -  Why having a liquid and sustainable foreign direct investment component of the currency is vital By ANITA FUNG The writer is chief executive officer, Hong Kong, HSBC IT is becoming clear that the renminbi (RMB) will inevitably become the next global reserve currency. Policy-wise, in the upcoming
      BLOOMBERG  -  1,231 words
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      Lock icon World will manage nascent oil crisis – as usual
      1081 29  - World will manage nascent oil crisis as usual G PANICKER The writer was formerly with BT’s foreign desk IN THIS Year of the Black Water Dragon, attention is focused on the Strait of Hormuz, through which 20 per cent of the world’s oil flows. At issue between the West and
      1,081 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Airline passenger traffic up, but cargo slips
      501 30 This year will be a difficult one for industry, says Iata AFP [GENEVA] Global airline passenger traffic rose 5.9 per cent last year despite weak conditions, the International Air Transport Association said on Wednesday, with 2012 likely to be difficult for the industry.
      AFP  -  501 words
    • Article, Illustration
      Lock icon AirAsia soars to new heights with 100th A320
      613 30  -  Analysts rerate its stock as passenger numbers touch 31 million last year By S JAYASANKARAN in Kuala Lumpur MALAYSIAN budget carrier AirAsia heralded the arrival of its 100th Airbus A320 yesterday and it’s just getting started: another 275 have been ordered through
      AP  -  613 words
    • Article, Illustration
      Lock icon American to lay off 13,000 to keep flying
      437 30 AFP [NEW YORK] American Airlines said it needed to cut costs by 20 per cent to stay afloat, as it met union representatives to detail a plan for layoffs that reports said would total 13,000 workers. “All workgroups will have total costs
      AFP  -  437 words
    • Article, Illustration
      Lock icon Record bunker fuel charges sink shipping profits
      810 30 Bloomberg [LONDON] Record prices for ship fuel are compounding losses at freight companies already suffering from the worst January on record for transport rates. Prices of so-called bunkers fuel averaged US$728.18 a tonne in Singapore last month, exceeding the all-time high of July
      Bloomberg; BLOOMBERG  -  810 words
    • Article
      Lock icon Asia dry bulk rates to remain low
      318 30 Reuters [SINGAPORE] Rates for dry bulk carriers on key Asian freight routes are expected to hover near multi-year lows over the next week as an increase in trading activity fails to offset pressure from an ever expanding fleet, ship brokers said yesterday. The
      Reuters  -  318 words
    • Article
      Lock icon TRANSPORT STOCKS
      259 30 SGX '000 Feb 2 S$ +/-Vol CH Offshore 0.40 0.02 537 Chuan Hup Hldg 0.22 unch 116 Cosco Corp 1.17 0.02 ***** s$ Ezra Hldgs 1.09 0.05 ***** First Ship Lea 0.20 unch 1393 Freight Links 0.06 unch 2263 Grand BanksD unch unch 0 Jaya Hold Ltd 0.58
      259 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      2770 31 Transaction date: Feb 2 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote 112.5 92.5 AIMSAMPIReit 102.5cd +0.5 891 103 102 102 102.5 1.9 10.4 454.9 Net M
      2,770 words
    • Article
      Lock icon SGX CATALIST
      189 32 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol 1 0.2 t Advanced System 0.4 unch 4644 0.4 0.4 0.4 0.5 13.3 6.6 Last Quote Div Gr Yld Net M Cap
      189 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7159 32 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** APS Alpha Fund (USD)!** AXA Wealth Mgt S'pore Pte Ltd 0.96/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond 0 9636/ Global Emerging Markets!** Global Opportunities/** Global Technology India
      7,159 words
    • Article
      Lock icon GLOBALQUOTE
      200 32 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 46 25.5 Genting HK US$ US36 unch ***** 37 36 36 36.5 2370.4 15 10 OGL Resources A$ A10 5 10 1.5 205 168 TanChongInt HK190 +3
      200 words
    • Article
      Lock icon SGX ETF
      951 32 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 109.5 ABF SG Bond ETF 116.6 -1.4 5 120.1 116.6 117.6 118 532.3 1261 856 CIMBAsean40 100US$ US1027 +10 1 1027 1027 1031 1039 41.1
      951 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 33 In local curr In S$ In US$ dy yr dy yr dy yr Feb 1 Index Change Change Change Change Change Change World Preliminary 874.9 1.1 5.4 1.0 2.7 1.4 6.4 EAFE Preliminary 717.2 1.3 5.1 1.4 3.4 1.9 7.2 Europe Preliminary 1082.1 2.0 5.4
      373 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 33 CRUDE OIL PRODUCTS Feb 1 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 112.22 1.21 WTI (Near Mth) 97.45 -1.01 Dubai (1-Mth F) 108.90 -0.56 Tapis blend 118.12 -0.08 Minas 116.92 -0.08 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 107.22 -0.67 Jet Kerosene 126.75 0.05 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon CHICAGO BOT
      107 33 Feb 1 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 12 1215.25 1199.00 1219.00 1202.00 May 12 1224.25 1208.50 1229.00 1211.25 Jul 12 1232.75 1218.00 1237.00 1220.75 Aug 12 1230.50 1216.00 1231.75 1224.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 12 51.18
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    • Article
      Lock icon GOVERNMENT SECURITIES
      83 33 Feb 2 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 03-May-12 0.33 1-Year BY*****W 01-Nov-12 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 99.92 99.95 99.95 5-Year N*****0W 1.125 01-Apr-16 102.62 102.75 102.75
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      448 33 Feb 2 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar12 99.5800 0 1450 Jun12 99.5750 0 1619 Sep12 99.5500 0 1280 Dec12 99.5300 0 720 EUROYEN TIBOR FUTURES Mar12 99.6650 0 1841 Jun12 99.6650 50 1433 Sep12 99.6625 50 679 Dec12 99.6600 99.6600 99.6600 99.6600 0
      448 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      82 33 As on 1 February 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT APR2012 1753.30 1736.10 1749.60 376 CURRENCY EUR-USD FUT MAR2012 1.3220 1.3028 1.3192 7004 USD-JPY FUT MAR2012 76.04 76.04 76.27 3 BASE METAL COPPER FUT MAR2012 8441 8296 8471 2242
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    • Article
      Lock icon SGX FUTURES
      153 33 Feb 2 SICOM RUBBER Futures (Closing prices) RSS 3(US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Mar 12 400.0 398.0 398.0 7 331 Apr 12 404.7 118 May 12 409.8 409.8 409.2 2 250 Jun 12 410.4 228 Jul 12 409.7 128 Aug 12 408.0
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    • Article
      Lock icon LONDON METALS
      65 33 Feb 1 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2228.50 2201.50 3 months 2265.00 2238.00 Copper, Grade A(US$/tonne) Cash 8418.25 8299.50 3 months 8440.00 8320.00 Lead(US$/tonne) Cash 2205.25 2185.00 3 months 2235.00 2213.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon LIFFE
      80 33 Feb 1 COCOA (£/tonne) Close Prev High/Low Mar 12 1443 1497 1521/1442 May 12 1460 1511 1528/1459 Jul 12 1475 1525 1542/1473 Sep 12 1486 1536 1550/1484 COFFEE(US$/tonne) Close Prev High/Low Jan 12 1819 1838 1854/1819 Mar 12 1848 1836 1881/1848 May 12 1876 1865 1908/1876 Jul 12 1902
      80 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1306 33 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 130 33.00 27 Prem Baker Technology Ltd W*****6 3.5 unch 210 1 32 15 8.86 9 Best World Intl Ltd W*****5 2 1 30 101
      1,306 words
    • Article
      Lock icon INTERBANK CROSS RATES
      470 33 Feb 2 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.069 6.749 0.815 8.307 52.618 95.859 0.815 11.989 3.234 1.287 96.775 45.707 1.336 8.232 0.983 31.639 33.138 0.677 1.071 Canada 0.935 6.311
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    • Article
      Lock icon SIBOR
      52 33 Feb 2 (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$) 0.***** 3 mths 0.***** 6 mths 0.***** SWAP Mid rates (S$) 0.***** SWAP Mid rates (S$) i
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    • Article
      Lock icon PRECIOUS METALS
      138 33 Feb 2 GOLD(US$/oz) Feb 02 Feb 01 Hong Kong 1759.00 1749.00 Feb 01 Feb 01 Jan 31 London 1748.86 1730.51 1749.63 1731.58 CAST BAR Feb 02 (S$) Selling Buying Kilobar "75,229.56" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 169 70 5gm 478 351 10gm 855 701 20gm
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    • Article
      Lock icon PALM OIL
      58 33 Feb 2 2 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 12 3040.0 3030.0 3060.0 3030.0 152 670 Mar 12 3105.0 3060.0 3112.0 3040.0 2334 9786 Apr 12 3101.0 3056.0 3110.0 3036.0 ***** ***** May 12 3096.0
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    • Article
      Lock icon STOCK INDEX FUTURES
      26 33 Feb 2 Open High Sett STI Feb 2923 2923 2901.0 SIMSCI Feb 333.9 337.7 335.0 Taiwan Feb 269.7 275.2 274.2 Source: SGX Derivatives
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 33 Feb 2 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3357 1.3367 1.0708 1.0713 Canadian dollar 1.2490 1.2497 1.0013 1.0016 Euro 1.6386 1.6392 1.3136 1.3138 NZ dollar 1.0378 1.0386 0.8320 0.8324 Sterling pound 1.9738 1.9746 1.5823
      155 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 33 Feb 2 S$ Bid Offer 1-month 1.2474 1.2477 2-months 1.2473 1.2477 3-months 1.2469 1.2473 6-months 1.2451 1.2456 Source: OCBC
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 33 As at 9am Feb 02 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.368 1.303 Can dollar 1.274 1.225 Euro 1.674 1.61 Sterling pound 2.014 1.937 NZ dollar 1.067 1.017 US dollar 1.266 1.218 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      121 33 Feb 2 II aiM 1 -.HWi.f.. HI mimin'. Vh l'l miniiii •114 IU uvwiclflnwm 0 «o» UN Wf*T tto* V-4 if HI i <winih •if f irmnlii' i -MUMlfil UfU f, iimiiliv. V# > V Ullllllll'i »-*4» 1 > M n 1 Jm offor •i/ i iTi-mlti ,K''»
      121 words
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  • Article
    Lock icon The Business Times Shipping times
    4682 34 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 UK CONTINENT SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination Destination STXPO
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  • Page 34 Advertisements
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  • Page 35 Advertisements
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      Lock icon Page 35 Advertisements Column 1
      76 35 Shipping lines seeking reliable logistics partners Can they find your services here in the Shipping Times? Publicise Your Delivery Of Newbuilds Come publicise your Ship Christenings Delivery of Newbuilds, Project Completion, Vessel Conversion Refurbishment, Award Wins Certifications, Corporate Image, Corporate Developments and Company Anniversary. There’s no better way to direct
      76 words
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  • WINE/PURSUITS
    • AROUNDTOWN
      • Article, Illustration
        Lock icon Designs that change the world
        148 36 THE biennial award by the Danish non-profit organisation, INDEX:, stops over in Singapore this weekend to present its INDEX: Award 2011 exhibition at the open space in front of The Cathay. This design award exhibition that centres on the phrase “Design to Improve Life”, aims
        148 words
      • Article
        Lock icon Appreciate Swan Lake better
        148 36 Perhaps you’ve heard of the famous ballet, Swan Lake, and you love the arts but do not have the required background to appreciate ballet. Then you might be interested in checking out the Esplanade’s Introduction to Swan Lake. The story of Swan Lake pirouettes around two
        148 words
      • Article
        Lock icon Game for Coffin-shop Street?
        154 36 Every day, Singaporeans step out of the house and onto the streets to get from one place to another. If you've ever wondered why these streets you often use are named the way they are, then visit the National Library Building’s ongoing exhibition, Stories Behind Singapore
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      • Article
        Lock icon Get a taste of the rail life
        127 36  -  Compiled by RACHEL LOI Railway sleepers from South Australia are given a new lease of life as part of a wooden furniture exhibition, The Rail Life held at The Substation Gallery this weekend. These reclaimed pieces of wood are over 400 years old,
        127 words
    • Article, Illustration
      Lock icon Demons unleashed
      751 36  -  GAMING REVIEW By CHRISTOPHER LIM SOME tales just have too much potential to be left alone. When 2007’s The Darkness ended with mob hitman Jackie Estacado possessed by a demon and mourning the death of the love of his life, his story just begged for a continuation. There
      751 words
    • Article, Illustration
      Lock icon Peaks of Bordeaux 1982
      1195 36  -  Four Firsts, three decades later, add up to one sensational evening of tastings, reviewsN N K YONG I N MY column of July 31, 2009, I reviewed a few wines from the 1982 vintage Cos d’Estournel, Pichon Lalande, Magdelaine and Ausone, asking and answering the question,
      1,195 words
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      57 36 r is QivOxtv NEWTON-JOHN OliviaNewton-John.com 27 March 2012 8pm Esplanade Theatre Available at all SISTIC Outlets, Bookings Hotline: +65 6348 5555 Web Bookings: www.sistic.com.sg A MM Even. www.lushington.com Gm Find us on G Lushington Entertainments 0 @LushEnts S$125*, S$175*, S$225 S$300* rpiusssasishc Fee) Strictly no bottles, photography, video recording and
      57 words
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  • ENTERTAINMENT
    • Article, Illustration
      Lock icon Timbre gets the party started
      690 37  -  Put on your dancing shoes as the team behind this year’s Timbre Rock and Roots get hell-bent on getting you on your feet with top-notch groups such as Earth, Wind and Fire, reports DYLAN TAN reportsDYLAN reportsDYLAN TAN LAST year’s biggest-selling act, pop sensation Adele,
      PHOTOS: TIMBRE ROCK AND ROOTS  -  690 words
    • Article, Illustration
      Lock icon Gunning for Parliament
      434 37  -  DVD REVIEW By CHRISTOPHER LIM ANYONE who lives in a relatively safe parliamentary democracy such as Singapore and wonders what would happen if their government were overtaken by force should watch SP: The Motion Picture. In it, the Japanese parliament is held hostage by violent revolutionaries in
      434 words
    • Article, Illustration
      Lock icon Fusion jazz all sexed up with experimental forays
      648 37  -  CD REVIEWS By CHRISTOPHER LIM THERE’S never been a better time to listen to fusion jazz because there’s so much innovation happening, particularly in the stable of specialist label Moonjune Records (www.moonjune.com). The genre used to be quite specific in the 1970s
      648 words
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      56 37 Btfflft WWW.DURANDURAN.COM MARCH 10 8PM SINGAPORE INDOOR STADIUM Available at all SISTIC outlets Bookings Hotline: +65 6348 5555 Web Bookings: www.sistic.com.sg S$98*, S$148* S$228* (*plus S$3 Sistic Fee) A |Event www.lushington.com c W]!li Find us on I Lushington Entertainments B Available Now Strictly no bottles, photography, video recording and audio
      56 words
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  • ARTS
    • Article, Illustration
      Lock icon Click with view-in-private art fair
      702 38  -  The sophomore VIP Art Fair this weekend promises a seamless, flub-free online art-buying experience, report SHARON CHEAH and RACHEL LOI reportSHARON reportSHARON CHEAHandRACHEL LOI IF you missed out on Art Stage Singapore last month, or let a piece of art slip by and regret it,
      702 words
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      Lock icon Folk stamp on prints
      742 38  -  By NATALIE KOH IN A time when contemporary art forms such as video art, graphic art and more experimental mixed media are taking over the art world, it’s easy to forget the more traditional mediums and how well they can bring out the beauty in an
      NAFA GALLERIES  -  742 words
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      Lock icon Abstract themes detract from narrative
      576 38  -  By NATALIE KOH EXPERIMENTAL theatre is a risky business. There are times when you come across a piece so powerful it sweeps you off your feet. Truth is, more often than not the lack of a clear context and well-executed transitions leave you completely bewildered
      FILE PHOTO  -  576 words
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      Lock icon Act 3 big on theatre
      529 38  -  By CHEAH UI-HOON GIVE children a quality theatrical experience early on in their lives, and it could well become ingrained within them, believes Ruby Lim-Yang, co-founder and artistic director of ACT 3 International. “As opposed to TV, live theatre will resonate for a longer period
      529 words
  • Page 38 Miscellaneous
    • Miscellaneous
      Lock icon Page 38 Miscellaneous Column 1
      292 38 CRYPTIC CROSSWORD Across 1 Strengthen dispute in Japanese currency (7) 5 Give a hand when son is on time (6) 8 It holds wine for a service in church (6) 9 Traveller terribly wary about food (8) 10 Blameless in disorder, left out from group (8) 11 Has the wrong
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  • CINEMA
    • Article, Illustration
      Lock icon Tryst with teen titans
      680 39  -  Debut director Josh Trank turns the trite-and-tested superhero premise on its head with a sobering dose of reality, reviews GEOFFREY EU reviewsGEOFFREY reviewsGEOFFREY EU WITH great power comes great irresponsibility, especially when high-school kids with newfound superhuman abilities and a blatant disregard for established social norms
      PHOTOS: TWENTIETH CENTURY FOX  -  680 words
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      Lock icon Baying for Beckinsale bloodsport
      390 39  -  By RACHEL LOI THE Twilight and Underworld franchises might share the rivalrous vam-pire-werewolf trope but there’s no sappy love triangle to be found in the latter. Instead, there’s plenty of bloodthirsty action the way traditional (read: male) horror movie fans like it. And despite the films’
      SONY PICTURES ENTERTAINMENT  -  390 words
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      Lock icon A life less painful
      857 39  -  By DYLAN TAN A DOCUMENTARY which explores the stigma of palliative care and limited medicinal use of opiates to tackle a global pain epidemic has received a surprising M18 rating here. “The medicine these patients need are restricted drugs they’re narcotics and that’s a dirty word
      PHOTOS: MOONSHINE AGENCY  -  857 words
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      67 39 Directed by TOKUJIN YOSHIOKA CARTIER TIME ART Mechanics of Passion V 1 -Jr i j v i i K www.marinabaysands.com/ArtScienceMuseum Open from 10:00am to 10:00pm daily, last admission at 9:00pm Please check ArtScience Museum website for museum closures before visiting. Photography and filming are strictly prohibited in Cartier Time Art.
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  • executive lifestyle
    • Article, Illustration
      Lock icon Toast to sake
      1757 40  -  Japan’s rice wine, often mistakenly thought to possess only a single taste profile, is fast winning new converts to its multi-faceted and heady mix of brews, reports CHRISTOPHER LIM CHRISTOPHER LIM WHEN people talk about wine in Singapore, it’s usually the red and white grape variety they’re
      PHOTO-ILLUSTRATION: HYRIE RAHMAT; PHOTO OF IPPUDO TAO SAKE: BENE TAN, CAUSE AND EFFECT STUDIO  -  1,757 words
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