The Business Times, 11 February 2012
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2012-02-11
1
20
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section21 2012-02-11 1 weekend THE BUSINESS TIMES www. usinesstimes.com. g| g| FEBRUARY 11-12, 2012 S$1.00| MICA (P) 121/08/2011 sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION21 words
-
Article34 2012-02-11 1 MAJOR MILESTONE DBS Group posts unexpectedly strong fourth-quarter results, pushing its full year 2011 earnings to a record $3.04 billion, the highest ever profit for a Singapore bank. 234 words
-
31 2012-02-11 1 workers’ wish THEY welcome higher employer contribution rates for older workers, stressing that businesses can tackle the extra costs with some smart planning. 431 words
-
Article30 2012-02-11 1 EARNINGS EASE DROP is mainly due to a restated profit of $342 million for Q4 2010, following an accounting change for one property. 1230 words
-
Article20 2012-02-11 1 STURDY SUPPLY IMPORTS from Louisiana will supplement supply starting in 2014 from Queensland, Australia. 1720 words
-
895 2012-02-11 1 Shu-Ching Jean Chen - Its current account surplus shrank in 2011, cutting reliance on external demand, but import blues struck in Jan By Shu-Ching Jean Chen btworld@sph.com.sg enterprises, he said. –With additional reporting from Reuters Hong Kong CHINA is still a long way from rebalancing its economy,enterprises, he said. –With additional reporting from Reuters - 895 words
-
Article, Illustration1055 2012-02-11 1 Joyce Hooi - The story of how BMW conquered the market here By Joyce Hooi joyceh@sph.com.sg Singapore AT the $65 million Performance Motors Ltd (PML) monolithic homage to luxury on Alexandra Road, posters with the number “1” dominate the walls a constant reminder to employees of whyYEN MENG JIIN - 1,055 words
-
Page 1 Advertisements
-
Advertisement25 2012-02-11 1 the business www. usinesstimes.com. THE RAFFLES CONVERSATION INVESTMENT GURU JOHN MAULDIN 10-11 MOTORING The new Porsche 911 faster and better l20 LIVING Social eating L2-425 words
-
Advertisement7 2012-02-11 1 WEALTH Bungalow market coming to life 357 words
-
-
TOP STORIES
-
Article, Illustration775 2012-02-11 2 Siow Li Sen - Final dividend of 28 cents a share proposed, bringing full-year payout to 56 cents, unchanged from 2010 By Siow Li Sen lisen@sph.com.sg Singapore DBS Group Holdings has posted unexpectedly strong fourth-quarter results, pushing its full-year 2011 earnings to a record $3.04 billion theARTHUR LEE - 775 words
-
MARKETS
-
Article29 2012-02-11 2 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.627 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.50 INDIA 14.75 Source: Bloomberg29 words
-
Article58 2012-02-11 2 HSTI 2,960.00 (-21.17) HSTI FUTURES 2,960 (-21) HSIMSCI 340.48 (-2.58) HSIMSCI FUTURES 340.10 (-2.60) Friday Change KL COMP 1,561.66 -3.66 NIKKEI 225 8,947.17 -55.07 HANG SENG 20,783.86 -226.15 SET 1,112.91 -4.26 JAKARTA 3,912.39 -66.59 MANILA 4,783.52 +13.90 KOSPI 1,993.71 -20.91 SHENZHEN B 614.31 +5.74 MUMBAI IND 17,748.69 -82.06 11am58 words
-
Article49 2012-02-11 2 FOREX US$ S$ US$ (S$ per US$) 1.257 (US$/S$ per 1.579 1.985 EURO(US$/S$/E) 1.325 1.666 Foreign currency per US$ S$ YEN 77.70 61.80 RM 3.038 2.416 HK$ 7.757 6.170 BAHT 30.85 24.54 RUPIAH 8,990 7,151 RENMINBI 6.297 5.009 INDIAN RUPEE 49.69 39.53 A$ 0.936 0.744 NZ$ 1.207 0.96049 words
-
-
655 2012-02-11 4 Nisha Ramchandani - Policy change won’t affect profitability much, as such costs can be planned By Nisha Ramchandani nishar@sph.com.sg Singapore UNIONS welcomed the idea that higher employer Central Provident Fund (CPF) contribution rates for older workers could be on the way, stressing that655 words
-
Article293 2012-02-11 4 AP Lincoln, Nebraska A NATIVE American tribe sued some of the world’s largest beer makers on Thursday, claiming that they knowingly contributed to devastating alcohol-related problems on the Pine Ridge Indian Reservation in the state of South Dakota. The Oglala Sioux Tribe of SouthAP - 293 words
-
Article, Illustration334 2012-02-11 6 Jasmine Ng - Republic’s strategic location gives it an edge in seizing growth opportunities in regional emerging markets By Jasmine Ng jasng@sph.com.sg Singapore ECONOMIC uncertainty is no excuse for inaction, said Trade and Industry Minister Lim Hng Kiang yesterday, urging Singapore companies to capitalise on334 words
-
Article, Illustration563 2012-02-11 6 Chuang Peck Ming - Singapore soon to experience rise of Silver Tsunami By Chuang Peck Ming peckming@sph.com.sg Singapore WITH the Re-Employment Act only going into its second month, it’s still too early to tell if the roll-out will be trouble-free. But Minister of State for Manpower Tan Chuan-JinLIM SIN THAI/THE STRAITS TIMES - 563 words
-
615 2012-02-11 7 Anthony Rowley - Need for financial systems that can combine stability with sustainability By Anthony Rowley btworld@sph.com.sg btworld@sph.com.sg Tokyo THE “orgy of debt” that led to the global financial crisis is over now but the impact lives on in terms of a massive debt overhang that has615 words
-
Article700 2012-02-11 8 Lesley Teoh - While retailers expect a good Valentine’s Day, restaurants are less optimistic this year By Lesley Teoh lesteoh@sph.com.sg Singapore CHOCOLATES and flowers remain perennial favourites among couples celebrating Valentine’s Day, while dinner at a fine-din-ing establishment is a must, according to a Kraft Foods survey released last700 words
-
Article, Illustration742 2012-02-11 8 Jamie Lee - BT’s Budding Artists Fund, The New Paper’s Project Helping Hands to benefit By Jamie Lee leejamie@sph.com.sg Singapore AN exclusive charity trip organised by The Business Times and Standard Chartered Bank to experience Liverpool football and its heritage has raised a total ofTHE NEW PAPER - 742 words
-
-
Page 2 Advertisements
-
Advertisement61 2012-02-11 2 CONTENTS NEWS Top Stories 2-8 Week in Review 9 Raffles Conversation 10-11 Companies 12-15 From The Desk Of 16 Singapore 17-18 World 19-22 Stocks Stats 23-27 Perspective 28-29 Wealth 30-32 Wine 33 Househunt 34 Real Estate 35 LIVING Dining L2-4 Valentine’s Day L5-7 Style L8-9 Home Garden L10-11 Clipper Race61 words
-
-
Page 3 Advertisements
-
Advertisement162 2012-02-11 3 Ermenegildo Zegna Su Misura Hands are the Perfect Instrument to Make Dreams Come True By the time a Made to Measure jacket first touches your shoulders, no less than 500 caring, masterfully skilled hands have touched and refined it to achieve the unmistakable craftsmanship that has distinguished Zegna for over162 words
-
-
Page 5 Advertisements
-
Advertisement214 2012-02-11 5 NEW ZEALAND PROPERTY INVESTMENT PROGRAM Z$63, -.v. Albany Heights ■v RESIDENCES a I uuith Historical Returns Ouer rKvf-rCs 1 a 18 24 Months 22.5% minimum return tk 3 Bedrooms 2.5 Bathrooms Double Internal Access Garage Start From NZ$445,000* 2 Bedroom 2 Bathrooms Duplex Units Start From NZ$315,000* 15 mins to214 words
-
-
Page 6 Advertisements
-
Advertisement57 2012-02-11 6 Check out these positions and seven hundred more in CATS Recruit Executive Appointments in The Straits Times now! Bayer is looking for an Consumer Care Singapore, Region Controller Marks Spencer has vacancies for Department Managers OpenLink has a position open for an Accountant Panasonic is recruiting a Customer Support Specialist57 words
-
-
Page 7 Advertisements
-
Advertisement128 2012-02-11 7 Our Exe MBA diluted Chicago MBA gr cu ive pr am is As you weigh the merits of Executive MBA programs, use the right benchmarks. Our program may be concentrated to fit the needs of working professionals, but it’s “pure Chicago” in every way—same world-class faculty, same question-every-answer approach. Find128 words
-
-
WEEK IN REVIEW/WEEK AHEAD
-
THIS WEEK Feb 6-10, 2012
-
Article44 2012-02-11 9 BUDGET 2012 is unlikely to spare companies the pain of restructuring where it is necessary for Singapore’s economy to gear up for the future. Fiscal measures benefiting all companies were rolled out three years ago to combat the global financial crisis.44 words
-
56 2012-02-11 9 METAL exchanges are taking comfort in China’s gradual warming up towards derivatives for hedging purposes, with some expected to woo the world’s biggest consumer of key commodities. China approved a pilot programme in September that allows three of its futures brokerage firms to trade56 words
-
61 2012-02-11 9 THE global commercial aviation industry is facing a huge credit crunch as almost US$100 billion worth of aircraft are due for delivery in the coming year. The primary cause for this is the turbulence that Europe’s big banks which have61 words
-
63 2012-02-11 9 IF Budget 2012 is to prioritise Singapore’s long-term transformation into a productivity-driven economy, then schemes meant to push companies in that direction need improving, participants at BT’s recent pre-Budget roundtable said. While recognising that such measures take time to bear fruit, they stressed63 words
-
42 2012-02-11 9 CONDITIONS for convertible issuance in Asia are so attractive now that doors may have opened for weaker credits, and the region could even see its first hard mandatory structure this year, industry observers told BT.42 words
-
69 2012-02-11 9 AS a career fair at one university here draws to a close and a similar fair kicks off at another, it appears that jobs are chasing Singapore’s graduates. There are some 3,000 openings available at the Nanyang Technological University campus career fair,69 words
-
Article, Illustration89 2012-02-11 9 IT is a change that the labour movement has been pushing for, but one which employers and businesses have resisted. Now, a hike in employers’ Central Provident Fund contribution rates for older workers seems firmly on the cards, with the clearestFILE PHOTO - 89 words
-
57 2012-02-11 9 THE prospect of an open-for-busi- ness Myanmar has been enough to see business delegations from Japan, China and the West beating a path to Yangon. But there will be no easy pickings. Asked for her advice to foreign investors, Nobel Laureate Aung57 words
-
60 2012-02-11 9 SINGAPORE banks have made their objections to the Volcker Rule which prohibits proprietary trading. DBS Group Holdings, OCBC Bank and United Overseas Bank have submitted their objections to the so-called Volcker Rule, saying that it would impinge on their business outside the US60 words
-
57 2012-02-11 9 MAJOR shipping lines are raising freight rates to chase away their low-freight, low-earnings blues. On the back of a pre-Chinese New Year rate rally, carriers will charge at least US$750 extra per stand-ard-sized container on the busiest Asia-Europe lane with effect from57 words
-
48 2012-02-11 9 WHILE concerns abound about the short-term issues such as rising costs surrounding a widely expected increase in employers’ Central Provident Fund contribution rates for older workers, such a move would make sense from a long- term view, companies say.48 words
-
-
Article93 2012-02-11 9 US DATA Feb 14 Jan retail sales Jan export and import prices Dec business inventories SINGAPORE DATA Feb 15 Dec retail sales Feb 16 Q4 final GDP Feb 17 Jan non-oil exports EVENTS Feb 13 US President Barack Obama releases 2013 budget proposal Bank of93 words
-
-
Page 9 Miscellaneous
-
Miscellaneous366 2012-02-11 9 Across 1 Place to make rocket? (10) 6 Mister in India holding a woman’s item of clothing (4) 9 Fellow’s tied in knots, getting high (5) 10 Tried fire fighting, very scared (9) 12 Near to hospital rooms (7) 13 The woman left francs where one might put things? (5)366 words
-
Miscellaneous8 2012-02-11 9 SATURDAY with Ludwig ‘Sorry, I’m out for lunch...’8 words
-
-
THE RAFFLES CONVERSATION
-
Article, Illustration2418 2012-02-11 10/11 Vikram Khanna - Widely followed investment guru John Mauldin talks to Vikram Khanna about the big risks facing the markets Vikram Khanna vikram@sph.com.sg ‘BY nature, I’m an optimist, but when I look at the data, I just can’t ignore what it tells me, says John Mauldin, a best-sell-ing author who isETHAN PINES - 2,418 words
-
-
COMPANIES
-
Article, Illustration455 2012-02-11 12 Mindy Tan - Results show profits falling after restatement of 2010 figures; final dividend of 1.5 cents per share declared By Mindy Tan tanmindy@sph.com.sg Singapore CAPITAMALLS Asia (CMA) yesterday posted net profit of $205.4 million for its fourth quarter, a 40 per cent year-on-year dropFILE PHOTO - 455 words
-
436 2012-02-11 12 Samuel Ee - By Samuel Ee samuelee@sph.com.sg Singapore HIGHER fuel and staff costs slowed down SBS Transit in 2011, with its net profit for the full year ended Dec 31 sagging 32.4 per cent to $36.7 million. But SBST’s full-year revenue crept up 4.2 per cent436 words
-
496 2012-02-11 12 Felda Chay - By Felda Chay feldac@sph.com.sg Singapore COMMODITY firm Olam International’s latest acquisition of Nigerian candy and biscuit maker Titanium Holding Company received the nod of approval from most analysts, who say that the move fits in with its strategy to move further upstream. Some, however, observed496 words
-
407 2012-02-11 13 Jamie Lee - Harvey Norman-controlled retailer’s sales higher but distribution, selling expenses surge By Jamie Lee leejamie@sph.com.sg Singapore PERTAMA Holdings yesterday posted a 5 per cent rise in net profit for the second quarter amid higher sales. The consumer electronics wholesale and retailing company407 words
-
303 2012-02-11 13 Kenneth Lim - By Kenneth Lim kenlim@sph.com.sg Singapore A TAX writeback nudged diversified investment company Chuan Hup Holdings to a modest increase in second-quarter net profit. Singapore-based Chuan Hup, which also holds investments in marine services and property, said net profit attributable to shareholders gained 4.6303 words
-
265 2012-02-11 13 Lynn Kan - By Lynn Kan lynnkan@sph.com.sg Singapore SHIPYARD ASL Marine Holdings reported $7.6 million in net profit for the second quarter ended Dec 31, 2011, down 24.3 per cent from $10 million in the year-ago period. Net profit for the first six months265 words
-
302 2012-02-11 13 Nisha Ramchandani - By Nisha Ramchandani nishar@sph.com.sg Singapore RESIDENTIAL property developer AVJennings saw net profit plunge to A$3.32 million (S$4.5 million) for the half-year ended 31 Dec 2011, down from A$ 10.56 million, on the back of poor consumer sentiment as well as weak conditions302 words
-
Article, Illustration958 2012-02-11 14 Ven Sreenivasan - STOCKS Ven Sreenivasan ven@sph.com.sg Senior correspondent SINGAPORE stocks snapped a three-day winning streak yesterday as players took some money off the table amid continuing uncertainties about the Greek bailout plan. Another factor weighing down stocks was the move by some broking958 words
-
Business briefing
-
45 2012-02-11 14 SINGTEL announced that it has posted another quarter of strong mobile customer growth. Its total mobile customer base grew 13 per cent or 50.8 million from a year ago to reach 434 million as at Dec 31, 2011.45 words
-
79 2012-02-11 14 SINGAPURA Finance saw its net profit drop 56 per cent to $1.2 million for its second quarter ended Dec 31, 2011, from $2.7 million the year before. It said the weaker performance was attributable to lower interest income due to a79 words
-
51 2012-02-11 14 ABR Holdings and its wholly owned unit, Swensen’s of Singapore (1996) Pte Ltd, have inked a deal to sell off their entire 51 per cent stake in Emirada, which invests in the chocolate and confectionery business, for $100 million in51 words
-
75 2012-02-11 14 SATS Ltd said it has acquired 540,000 ordinary shares, representing a 30 per cent interest in the capital of Aerolog Express Pte Ltd (AEPL), for $80,227 from YCH Group Pte Ltd. The consideration was arrived at on a willing buyer willing seller basis,75 words
-
69 2012-02-11 14 NAM Lee Pressed Metal Industries turned in a net profit of $3.4 million for the first quarter ended Dec 31, 2011 up 66 per cent from the $2.1 million a year earlier. Its revenue grew 41 per cent to69 words
-
84 2012-02-11 14 HUPSteel Ltd’s net profit for the second quarter ended Dec 31, 2011, grew 19 per cent to $2.3 million, from $1.9 million the year before. The group said its profits increased in tandem with its revenues, which jumped 44 per cent to84 words
-
-
383 2012-02-11 15 Ven Sreenivasan - By Ven Sreenivasan ven@sph.com.sg Singapore A SURGE in capacity saw Tiger Airways filling just 75 per cent of its seats last month systemwide, down from 84 per cent a year earlier. On a month-to-month basis, the January load factor was also below383 words
-
216 2012-02-11 15 Cerelia Lim - By Cerelia Lim lcerelia@sph.com.sg Singapore MARINE logistics and support services group Swissco Holdings has ceased to be a substantial shareholder of Swiber Holdings. On Tuesday, Swissco Holdings, through wholly owned Swissco International, sold two million shares in Swiber in the open market, further paring216 words
-
-
Page 14 Advertisements
-
Advertisement22 2012-02-11 14 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. NOTICES22 words
-
-
Page 15 Advertisements
-
Advertisement356 2012-02-11 15 ENHANCE YOUR WORK PRODUCTIVITY Who should attend: Marketers, communication managers, administrative personnel, business owners, entrepreneurs, brand managers and account executives Register at jobs.st701 .com/seminars ST701 Workshops Guerrilla Marketing Tuesday, 14 Feb 2012, SPH News Centre (9am to 5.30pm) What you will learn: The 200 tools of Guerrilla Marketing The difference356 words
-
-
FROM THE DESK OF
-
Article, Illustration1060 2012-02-11 16 Philippe Arsonneau - Given their prolific growth, it is good public policy and good business to reduce the electrical consumption of data centres FROM THE DESK OF Philippe Arsonneau Senior Vice-President, Asia Pacific and Japan Schneider Electric, IT Business IN our daily lives, we never think twice before switching1,060 words
-
-
SINGAPORE
-
686 2012-02-11 17 Ronnie Lim - Move will supplement supply starting in 2014 from Queensland, Australia By Ronnie Lim ronnie@sph.com.sg SINGAPORE’S LNG aggregator, BG Group, intends to bring in liquefied natural gas from the US to help fuel power stations and industries here. This will supplement LNG exports686 words
-
Article, Illustration426 2012-02-11 17 SINGAPORE is the first country to host INDEX: Award 2011, an exhibition that showcases winning entries from various fields with the common aim of improving the lives of people. The biennial INDEX: Award comes in five categories: Body, Home, Work, Play and Community. EachARTHUR LEE - 426 words
-
232 2012-02-11 17 MAYBANK Singapore has relaunched its Business Platinum MasterCard with an industry first a feature that allows companies to have their company logo and name on a business credit card. The “exclusive logo personalisation” feature is aimed at helping companies develop their brand name, and is232 words
-
Article, Illustration479 2012-02-11 18 Bryan Koh - Its new portal provides information, advice on health and wellness By Bryan Koh bryankoh@sph.com.sg GREAT Eastern is changing the way it looks at life insurance through an industry-first integrated Live Great programme, said Chris Wei, Great Eastern Holdings’ Group CEO. To help customers,479 words
-
406 2012-02-11 18 COURSE fees at polytechnics and the Institutes of Technical Education (ITEs) here will increase significantly for permanent residents (PRs) and international students in academic year 2012, to differentiate the privileges enjoyed by citizens over foreigners. A joint statement from the five polytechnics406 words
-
Article, Illustration147 2012-02-11 18 AMIT Gupta has been appointed chief executive for South-east Asia, HSBC Private Bank, with effect from Feb 13, the bank announced yesterday. Mr Gupta joined HSBC in India in 1992 and held the roles of senior economist, head of derivatives and head of sales147 words
-
-
Page 18 Advertisements
-
Advertisement54 2012-02-11 18 9 i s m-m k itussimm m I* Hbi NDS TOZ «MHN±S« WHAT'S YOUR BODY AGE m GET YOUR FEBRUARY ISSUE NOW! WIN 31 SETS OF THEFACESHOP HAMPER WORTH $129.80 EACH MORE DETAILS ON PAGE 209 SUBSCRIBE AT NUYOU.COM.SG AND RECEIVE A JYUNKA ULTRA DEFENSE UV PROTECTION VEIL* WORTH $14154 words
-
-
WORLD
-
255 2012-02-11 19 Bloomberg Washington THE US Treasury Department is considering selling stakes and allowing mergers involving banks in the Troubled Asset Relief Program (TARP), an Obama administration official said yesterday. The Treasury is also weighing the restructuring of some of about 370 remaining TARP banksBloomberg - 255 words
-
Article, Illustration424 2012-02-11 19 House committee chairman allegedly profited by trading on privileged info Reuters Washington THE chairman of the House Financial Services Committee, Spencer Bachus which oversees the US banking and financial services industries is under investigation for possible violation of insider trading laws, The Washington PostReuters; BLOOMBERG - 424 words
-
414 2012-02-11 19 Wynn may have to give up access to financial papers Reuters Hong Kong WYNN Resorts Ltd, the US$15 billion gaming empire of Las Vegas tycoon Steve Wynn, may be forced to give its biggest shareholder access to its financial papers, a USReuters - 414 words
-
Article, Illustration730 2012-02-11 20 Further measures include finding an extra 325m euros in savings, passing the cuts through a divided Parliament AP Bloomberg Brussels JUST hours after Greece gave in to painful new job and spending cuts, European ministers declared on Thursday that Athens didn’t go far enoughAP; Bloomberg; BLOOMBERG - 730 words
-
527 2012-02-11 20 LATEST US DATA Reuters AP Bloomberg Washington THE US trade deficit widened slightly more than expected in December, and the bilateral trade deficit with China last year soared to a record high US$295.5 billion. The monthly trade gap swelled to US$48.8 billion asReuters; AP; Bloomberg - 527 words
-
171 2012-02-11 20 AP Madrid SPAIN’S new conservative government approved sweeping labour market reforms yesterday as part of a drive to retool a sick economy and solve Europe’s worst unemployment nightmare. The decree gives companies hiring incentives such as cheaper severance packages and offers tax breaks toAP - 171 words
-
588 2012-02-11 21 About 17% of its population will be at least 65 years old by then, compared with 13% per cent last year Bloomberg Hong Kong HONG Kong will face a shortfall of 22,000 workers with higher education by 2018 as the city’s population ages,Bloomberg - 588 words
-
Article, Illustration665 2012-02-11 21 Bloomberg Washington A BRIGHTENING economic picture is improving President Barack Obama’s re-election prospects, even as the pace of the nation’s recovery from financial crisis remains a vulnerability for his campaign. Public approval of Mr Obama’s performance in office in the Gallup Organization’s daily trackingBloomberg - 665 words
-
532 2012-02-11 22 They reimburse California after probe finds they used taxpayer funds to pay fees to lobbyists Bloomberg San Francisco CITIGROUP, JPMorgan Chase Co and 15 other underwriters reimbursed California US$2.3 million last year after a regulatory probe found they used taxpayer funds to pay feesBloomberg - 532 words
-
507 2012-02-11 22 NYT New York CITIGROUP’S effort to become “the world’s digital bank” has encountered a snag. A technical bug caused Citigroup, the nation’s fourth largest bank by deposits, to double the charge for customer payments in recent months. Some customers using their iPad toNYT - 507 words
-
226 2012-02-11 22 Reuters New Delhi INDIAN industrial production growth slowed sharply in December, its slowest pace in two months, adding to pressure on the central bank to start cutting interest rates to help stimulate an economy that is headed for its slowest growth inReuters - 226 words
-
-
Page 19 Advertisements
-
Advertisement16 2012-02-11 19 I www.omy.sg o, A showbiz.omy.sg V ■r m mmm nmmm fcHsKfiMV SfflQR Code, 0 0 016 words
-
-
Page 21 Miscellaneous
-
Miscellaneous20 2012-02-11 21 913FM TODAY’S IIS! MUSOC SINGAPORE'S HOTTEST MORNING SHOW ■PviAKc) O'f s ANDRE HOEDENI THE MARRIED MEN WEEKDAYS SAM TD lOAM20 words
-
-
Page 22 Advertisements
-
Advertisement53 2012-02-11 22 Go to www.asiaone.com Satisfying all your news lifestyle needs on the go Read the latest news while you're on the go Flip through photo galleries for a walk on the light side Get the latest stock updates here Check the latest flight info before you fly ANYTIME, ANYWHERE Download your53 words
-
-
Article8387 2012-02-11 23 Transaction date: Feb 10 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 19 11.5 8Telecom 14 +1.5 14 14 12.8 12.8 14 7.8 4.4 2.9 67 9.5 4 A-Sonic 5.4 +0.4 174 5.5 5.28,387 words
-
Article1797 2012-02-11 26 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 34 12.1 t 800 Super 15.8 +0.2 643 16.7 15.8 15.6 16.3 4.7 3.5 6.1 28.3 5.5 2.5 t AA Grp 3 -0.3 4 31,797 words
-
Article186 2012-02-11 26 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 9 1 0 0 0 5 9 1 Manufacturing 58 86 37 5 12 9 63 98 46 Commerce 16 35 18 3 6 5 19 41 23 Tpt/Stor/Comms 10 23 6186 words
-
Article816 2012-02-11 26 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Feb 6 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) CMZ Hldgs Ltd 9-Feb-12 Value Harmony Ltd Buy 268 na ***** 26.32 ***** 26.41 HLH Grp Ltd816 words
-
Article121 2012-02-11 26 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 37,901 37,901 82,544 82,544 Manufacturing 552,273 206,312 758,585 305,341 5,822 311,162 Commerce 323,078 36,257 359,335 250,312 2,390 252,702 Tpt/Stor/Comms 257,016 45,093 302,109 291,031 7,501 298,532 Finance 27,862 9 27,871 146,522 2 146,524 Construction 337,873 110,751121 words
-
MARKETS
-
Article80 2012-02-11 27 Feb 9 COCOA (£/tonne) Close Prev High/Low Mar 12 1454 1469 1470/1427 May 12 1468 1486 1484/1444 Jul 12 1485 1502 1501/1462 Sep 12 1494 1512 1511/1472 COFFEE(US$/tonne) Close Prev High/Low Mar 12 1950 1878 1974/1885 May 12 1930 1890 1950/1895 Jul 12 1949 1914 1969/1915 Sep 12 197480 words
-
Article71 2012-02-11 27 Feb 10 GOLD(US$/oz) Feb 10 Feb 09 Hong Kong 1728.00 1741.30 Feb 09 Feb 09 Feb 08 London 1748.49 1733.96 1749.30 1734.73 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 42.66 42.00 Source: UOB PLATINUM/ Lon (US$/oz) Feb 09 Close Previous PM Fix 1659.00 1647.00 AM Fix 1665.0071 words
-
Article53 2012-02-11 27 Feb 10 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 12 3093.0 550 Mar 12 3127.0 3141.0 3141.0 3117.0 2029 7670 Apr 12 3126.0 3131.0 3142.0 3118.0 ***** ***** May 12 3126.0 3130.0 3140.0 3119.0 5583 *****53 words
-
Article77 2012-02-11 27 Feb 10 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****F 10-May-12 0.34 1-Year BY*****W 01-Nov-12 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 99.94 5-Year N*****0W 1.125 01-Apr-16 102.64 GOVERNMENT BONDS 10-Year NX*****X77 words
-
Article154 2012-02-11 27 Feb 10 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3431 1.3442 1.0686 1.0691 Canadian dollar 1.2594 1.2605 1.0020 1.0025 Euro 1.6654 1.6660 1.3250 1.3251 NZ dollar 1.0407 1.0423 0.8280 0.8290 Sterling pound 1.9843 1.9854 1.5787 1.5791154 words
-
Article, Illustration82 2012-02-11 27 As on 9 February 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT APR2012 1752.40 1731.40 1741.00 249 CURRENCY AUD-USD FUT MAR2012 1.0763 1.0739 1.0757 16 EUR-USD FUT MAR2012 1.3324 1.3236 1.3292 6434 BASE METAL COPPER FUT MAR2012 8784 8559 8769 205782 words
-
Article103 2012-02-11 27 Feb 9 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Mar 12 1227.50 1231.50 1247.50 1222.75 May 12 1236.00 1240.00 1256.00 1231.50 Jul 12 1245.75 1249.75 1265.75 1241.00 Aug 12 1244.00 1248.00 1262.50 1243.00 SOYBEAN/OIL(60,000 lbs; USc/lb) Close Previous High/Low Mar 12 52.54 52.58 53.08 52.44103 words
-
Article75 2012-02-11 27 Feb 9 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 117.72 1.93 WTI (Near Mth) 99.84 0.92 Dubai (1-Mth F) 114.43 1.29 Tapis blend 125.27 1.56 Minas 124.07 1.56 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 112.11 1.44 Jet Kerosene 131.50 0.10 US$/barrel Opec Oil Basket Price75 words
-
Article118 2012-02-11 27 Feb 10 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.374 1.309 Can dollar 1.277 1.228 Euro 1.687 1.623 Sterling pound 2.01 1.933 NZ dollar 1.068 1.018 US dollar 1.266 1.218 Local dollars to 100 units of foreign currency: Currencies Sell118 words
-
Article69 2012-02-11 27 Feb 9 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2251.50 2214.00 3 months 2289.00 2253.50 Copper, Grade A (US$/tonne) Cash 8737.50 8554.25 3 months 8760.00 8580.00 Lead (US$/tonne) Cash 2190.75 2147.75 3 months 2222.00 2181.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
-
373 2012-02-11 27 In local curr In S$ In US$ dy yr dy yr dy yr Feb 9 Index Change Change Change Change Change Change World Preliminary 890.8 0.0 7.3 0.2 4.3 0.1 8.4 EAFE Preliminary 733.5 0.3 7.5 0.5 5.6 0.3 9.7 Europe Preliminary 1102.8 0.3 7.4373 words
-
Article, Illustration87 2012-02-11 27 Straits Times Index YTD change: +11.85% 52-week high: 3,227.28 on Aug 1,2011 52-week low: 2,521.95 on Oct 5,2011 Source: Bloomberg Shanghai Stock Exchange Composite YTD change: +6.94% 52-week high: 3,067.46 on Apr 18,2011 52-week low: 2,132.63 on Jan 6,2012 Source: Bloomberg Hang Seng Index YTD change: +12.75% 52-week high:Source: Bloomberg - 87 words
-
-
PERSPECTIVE
-
Article, Illustration1075 2012-02-11 28 Mark Dixon - We need to look behind the headlines and below the macro-economic perspective in order to identify the best opportunities. By Mark Dixon By Mark Dixon ~The writer is CEO of Regus, a provider of flexible workspace IT’S not been an inspiring start to 2012, toREUTERS - 1,075 words
-
Article, Illustration807 2012-02-11 28 Robert Samuelson - Robert Samuelson The Washington Post Writers Group “The past is a foreign country: They do things differently there.”– L P Hartley, English novelist IT MUST now be obvious that, economically speaking, we’re in another country. Things we once took for granted noThe Washington Post Writers Group - 807 words
-
-
Wealth
-
wealth investing
-
Article, Illustration1009 2012-02-11 30/31 Genevieve Cua - Which asset classes serve as good hedges against inflation and deflation? A recent study provides some surprising answers. By Genevieve Cua By Genevieve Cua gen@sph.com.sg CONVENTIONALwisdom says that equities and gold can serve as hedges against inflation, but the latest annual research from CreditAP, REUTERS; Source: Elroy Dimson, Paul Marsh, and Mike Staunton - 1,009 words
-
Article752 2012-02-11 30/31 Lynn Kan - Compiled by Lynn Kan Industrial Real Estate Investment Trusts (Reits) Overweight OCBC Investment Research Feb 10 INDUSTRIAL Reits continued to turn in encouraging sets of results for the financial quarter ended December 2011, in line with our expectations. Robust y-o-y growths of 4.3-14.4 per cent in net property752 words
-
Article, Illustration978 2012-02-11 32 David Poh - 2012 looks set to be a tricky year. Stay invested, diversified and remember, timing is everything. By David Poh ~The writer is regional head of asset allocation and discretionary portfolio management, Societe Generale Private Banking (Asia Pacific) THE 1998 Asian Financial Crisis and theFILE PHOTO - 978 words
-
Article, Illustration855 2012-02-11 33 Wine produced there destined for hotels, restaurants and bottle shops across China as the Chinese develop posh tastes AFP Pokolbin, Australia THE coal-rich hills of Australia’s Hunter Valley have long fed China’s steel furnaces but the winemaking region is riding a fresh boom as theAFP; BLOOMBERG - 855 words
-
-
WEALTH REAL ESTATE
-
536 2012-02-11 34 Mindy Tan - Most cite impact of Additional Buyers Stamp Duty on purchase of properties By Mindy Tan tanmindy@sph.com.sg Singapore DEVELOPERS’ sentiments of the market have weakened compared to last quarter, particularly in the residential sector, in large part due to the impact of the Additional Buyers Stamp Duty536 words
-
269 2012-02-11 34 Michelle Tan - By Michelle Tan michtyz@sph.com.sg Part of the Penang state government’s efforts to implement its affordable housing scheme for residents in the state, the 11,800-unit project will be developed in five stages over 10 to 15 years. Poised to be the first green development in269 words
-
Article283 2012-02-11 34 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN JAN 11 AND JAN 17, 2012 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED One Shenton Apt 16/01/2012 99 1163 2000 1720 District 5 NON-LANDED Hundred Trees Apt 13/01/2012283 words
-
220 2012-02-11 34 Singapore THE first executive condominium with a Vista Home concept which maximises views, lighting a n d v e n t il a t i o n w ill b e launched in Punggol New Town next Saturday. With 728 units spread across 12220 words
-
Article, Illustration1312 2012-02-11 35 Kalpana Rashiwala - Agents report increase in number of viewings, sellers becoming more receptive to offers By Kalpana Rashiwala kalpana@sph.com.sg Singapore AFTER being in deep freeze for several weeks, the bungalow market has started to thaw. This may be due to the firmer stockmarket and seeming improvementFILE PHOTOS - 1,312 words
-
-
-
Page 36 Advertisements
-
Advertisement99 2012-02-11 36 ■wr TO BREAK THE RULES, YOU MUST FIRST MASTER THEM. THE UNIQUE ASYMMETRIC STYLING OF THE AUDEMARS PIQUET MILLENARY COLLECTION HAS TRANSFORMED THE WAY DESIGN ENGINEERS DEVELOP CALIBRES, THIS TRI-DIMENSIONAL MOVEMENT COMBINES PERFORMANCE AND CHRONOMETRY WITH HAUTE HOROLOGY MICRO-DETAILING. IN THE TRANSVERSAL BALANCE-BRIDGE, OPTIMUM SHOCKRESISTANCE IS COMBINED WITH THE ELEGANCE99 words
-
-
Page 1 Advertisements
-
Advertisement63 2012-02-11 1 VALENTINE'S DAY Love bites L6-7 STYLE Next style stop L8-9 LivingBTTHE BUSINESS TIMES WEEKEND FEBRUARY 11-12 2012 PERSONAL SPACE Uncommon vintage L10-11 SOCIAL EATING F&B outlets to enjoy good food and company L2-4 HEALTH From terminal to chronic L14 CLUB STREET SOCIAL PHOTO: YEN MENG JIIN NO HOLDS BARRED BPL:63 words
-
-
BT Living
-
DINING
-
Article, Illustration2784 2012-02-11 2/3 Cheah Ui-Hoon; Melissa Lwee-Ramsay - There’s more to a restaurant than just being wowed by a chef’s cooking prowess. A growing band of newbie restaurateurs set out to show that dining is just part of a complete social experience By Cheah Ui-Hoon uihoon@sph.com.sg By Melissa Lwee-Ramsay mellwee@sph.com.sg >>CLUB CULTURE Club Street Social 5CLUB STREET SOCIAL, SOCIALHAUS AND HEART OF HOUSE PHOTOS BY YEN MENG JIIN - 2,784 words
-
-
VALENTINE'S DAY
-
Article, Illustration535 2012-02-11 5 An experience, whether it is an outing, a vacation or a special meal, is something unique to the couple Reuters FORGET cards, flowers, and chocolates, most singles want a special experience rather than a gift for Valentine’s Day and although the economy is stagnating, mostReuters; FILE PHOTO; REUTERS - 535 words
-
Article, Illustration1467 2012-02-11 6 / 7 Debbie Yong; Rachel Loi - Pamper your Valentine with a unique and unforgettable experience at these venues By Debbie Yong debyong@sph.com.sg By Rachel Loi rachloi@sph.com.sg The Lighthouse (above) JUST when you thought dining at The Lighthouse, the gorgeous fine dining restaurant daintily perched on the top of the historic Fullerton Hotel, could not1,467 words
-
-
STYLE
-
Article, Illustration998 2012-02-11 8 / 9 Melissa Lwee-Ramsay - As PARCO next NEXT welcomes its third batch of designers, how has the fashion incubator done so far? Melissa Lwee-Ramsay finds out Melissa Lwee-Ramsay IF indeed the adage “third time lucky” holds true, then the latest designers to go through the PARCO next NEXT incubator programme998 words
-
Article, Illustration523 2012-02-11 8 / 9 With 18 new labels to choose from, the latest instalment of the PARCO next NEXT programme, here are two with lots of promise: Lion Earl Founded by fashion design graduate Lionel Low and architecture undergraduate and freelance designer Hariz Lim LION EARL is aLION EARL - 523 words
-
Article, Illustration543 2012-02-11 8 / 9 Melissa Lwee-Ramsay - BT Weekend looks at two other home-grown labels to watch out for in 2012 By Melissa Lwee-Ramsay Ana Vu Ana Boutique, 86 Club Street IT’S been more than a decade, but better late than never for Australian stylist and retailer Anh Vu. Thanks toANA VU DESIGNS - 543 words
-
Article, Illustration527 2012-02-11 8 / 9 Carryall JAMES - Carryall JAMES http://www.carryalljames.com/ mellwee@sph.com.sg IT isn’t easy finding the right bag for a man. Or so believe the founders of CarryallJAMES a new home-grown bag label that aims to fill a void in the men’s accessories market. “When it comes to men, often you find bags527 words
-
-
HOME & GARDEN
-
Article, Illustration1070 2012-02-11 10 / 11 Geoffrey Eu - Elgar Kwek’s 1960s-era terrace house represents a step back in time and a bit of a time warp. By Geoffrey Eu personal space By Geoffrey Eu btnews@sph.com.sg WH E N y o u r e named after a famous composer, there’s an irrational expectation from your parents andPHOTOS BY JOHN HENG - 1,070 words
-
-
KEPPEL CLIPPER ROUND THE WORLD
-
Article, Illustration791 2012-02-11 12 Vincent Wee - Keppel ambassador Celina Chan and fellow crew member Sherlyn Chen look ahead to the challenges while enjoying their return home. By Vincent Wee By Vincent Wee btnews@sph.com.sg FOR Keppel ambassador Celina Chan, her arrival in Singapore was literally on a high as sheKEPPEL - 791 words
-
-
HEALTH
-
Article, Illustration904 2012-02-11 13 Pet owners now demand high-quality, eco-friendly and safe products for their four-legged family members AP LIKE many pet owners, customers at April Lawrence’s pet bakery and boutique in central Iowa want the best for their four-legged family members. That means high-quality, safe and eco-friendly products, from organicAP; PHOTOS: AP - 904 words
-
Article, Illustration780 2012-02-11 14 Cheah Ui-Hoon - New drug discoveries are creating a big paradigm shift in how some blood cancers are being treated today. By Cheah Ui-Hoon By Cheah Ui-Hoon uihoon@sph.com.sg WITH the acceleration of new drug discoveries and targeted drugs such as those for cancer, more and more diseases which usedSTOCK.XCHNG - 780 words
-
-
GADGETS
-
Article, Illustration449 2012-02-11 15 Christopher Lim - Wooing is easy when you have these gizmos to do all the sweet talk for you. By Christopher Lim By Christopher Lim limchris@sph.com.sg Nokia Lumia 800 $775 without contract There are some people who say they only use Nokias, but what many of them mean is449 words
-
-
SPORT
-
Article, Illustration610 2012-02-11 16 Lee U-Wen - Expect some degree of controversy, flaring tempers as Manchester United and Liverpool lock horns again no holds barred Lee U-Wen leeuwen@sph.com.sg Correspondent FOR the third time in as many months, Manchester United and Liverpool arguably the two biggest rivals in the Barclays PremierAFP - 610 words
-
Article455 2012-02-11 16 Jason de la pena - kick off Jason de la pena with IN my humble opinion, there are four things to know before tonight’s massive Barclays Premier League (BPL) clash between the two titans of English football Manchester United and Liverpool. Four issues that make it all the more455 words
-
-
GOLF
-
Article, Illustration1073 2012-02-11 17 Justine Moss - From the US PGA to the Asian Tour, no-name players have made good starts to the 2012 season. By Justine Moss By Justine Moss btnews@sph.com.sg WHEN Robert Rock sank the winning putt on the 18th hole at the Abu Dhabi Golf Championship recently, thePHOTOS: ASIAN TOUR, AP - 1,073 words
-
-
MOTORING
-
Article, Illustration706 2012-02-11 18 Samuel Ee - The Infiniti FX50 is actually a sporty car with limousine-like comfort. By Samuel Ee samuelee@sph.com.sg SPORT-UTILITY vehicles are often considered rugged or macho but rarely do they project a cool image. Unless it’s the Infiniti FX. This large crossover from the luxury nameplate owned by carmaker Nissan is706 words
-
Article, Illustration767 2012-02-11 19 Samuel Ee - With its smooth powertrain and handling abilities, the fuel-sipping BMW ActiveHybrid 5 always has torque to spare. By Samuel Ee By Samuel Ee SPECS BMW ActiveHybrid 5 Engine 2,979cc inline-6 turbocharged Gearbox 8-speed Steptronic automatic transmission Max power 306 hp 5,800 rpm Max torque 400 Nm 1,200-5,000 rpm767 words
-
Article, Illustration597 2012-02-11 20 redevelopment, Samuel Ee - The new Porsche 911 is more enjoyable after a major redevelopment, with almost 90 per cent of the components being new. By Samuel Ee By redevelopment, Samuel Ee samuelee@sph.com.sg FASTER and more driveable, yet more fuel efficient and comfortable. It could be a disingenuous sales pitch, except597 words
-
-
-
Page 4 Advertisements
-
Advertisement841 2012-02-11 4 wine&dinewith BTWeekend Mandarin Court Level 35, Mandarin Orchard Singapore 333 Orchard RoadZ6831 6288 Ascend 35 stories of the Orchard Wing and arrive in style at Mandarin Court Chinese Restaurant, the home of authentic Cantonese cuisine. Delight in Executive Chinese Chef Sunny Kong’s signature dishes such as Classic Peking Duck, Double-boiled841 words
-
-
Page 15 Advertisements
-
Advertisement30 2012-02-11 15 ATS CLASSIFIED Is it time for a new coat of paint for the house? To find out more, turn to CLASS 112 in CATS Classified in The Straits Times now.30 words
-