The Business Times, 28 February 2012
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2012-02-28
1
32
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section25 2012-02-28 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Tuesday, February 28, 201225 words
-
Article, Illustration878 2012-02-28 1 VICTORIA HO - IDA makes early review of interconnect offer as operational issues arise in NBN’s roll-out By VICTORIA HO [SINGAPORE] After a swarm of complaints about the state of fibre connectivity from home owners and industry players, the government is stepping in to provide OpenNet aFILE PHOTO - 878 words
-
MARKETS DIGEST
-
Article110 2012-02-28 1 HST INDEX 2,946.78 (-31.30) HST INDEX FUTURES 2,947 (-31) HSIMSCI 341.91 (-3.56) HSIMSCI FUTURES 342.30 (-3.00) us$ s$ US$ (S$ per US$) 1.260 (US$/S$ per 1.586 1.998 EURO (US$/S$/E) 1.345 1.695 Foreign currency per US$ S$ YEN 81.10 64.40 RM 3.020 2.397 HK$ 7.756 6.157 BAHT 30.48 24.20 RUPIAH110 words
-
Article17 2012-02-28 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.546 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg17 words
-
-
781 2012-02-28 1 TEH SHI NING - By TEH SHI NING [SINGAPORE] Adapt or die that’s the reality facing many small and medium enterprises here. To some, adapting means preparing to ship operations out should change prove too costly, but to others, Singapore’s leap towards produc-tivity-driven growth is781 words
-
Page 1 Advertisements
-
Advertisement281 2012-02-28 1 ACADEMY AWARDS Old school cinema gets Oscar love PAGE 19 PROPERTY Slew of projects to be rolled out in next few months PAGE 32 COMPANIES Utilities power profit at Sembcorp PAGE 5 OPINION False stories about what ails Europe PAGE 22 Inc Social cause underpins telehealth company’s business I PAGE281 words
-
-
TOP STORIES
-
Article370 2012-02-28 2 Squeeze on OpenNet as complaints rise AFTER a swarm of complaints about the state of fibre connectivity from home owners and industry players, the government is stepping in to provide OpenNet a nudge in the right direction. The Infocomm Development Authority is making an early review of the370 words
-
830 2012-02-28 2 SIOW LI SEN - Growth aided by Republic’s status as a global trading hub By SIOW LI SEN [SINGAPORE] Local banks’ strategy of developing the yuan trade business is paying off, helped by the rise of Singapore as a global trading hub. Banks say growth of the yuan830 words
-
385 2012-02-28 2 NISHA RAMCHANDANI, KENNETH LIM - By NISHA RAMCHANDANI, KENNETH LIM [SINGAPORE] There has been no indication so far that the card-skimming syndicate which struck three DBS Bank ATMs has been selling the data cloned from the cards online, the bank said yesterday. “We are working closely with the385 words
-
532 2012-02-28 4 TEH SHI NING - If history is any guide, standing still is not an option, despite the risks of change BUDGET DEBATE By TEH SHI NING [SINGAPORE] Measures rolled out in Budget 2012, which Parliament begins debating today, come as the government presses on with the latest in a532 words
-
Article821 2012-02-28 4 Pre-1965 1965-1978 1979-1985 1985-1991 1991-1997 1997-2001 2003-2009 2010-present When Why restructure? Strategic changes Outcomes Quotes The ‘First Plan’ (1960) set up Economic Development Board to spearhead industrialisation I Import substitution no longer relevant after Singapore separated from Malaysia I Confrontation with Indonesia threatened trading post role I821 words
-
Article, Illustration714 2012-02-28 4 MALMINDERJIT SINGH - But move could create expectation of continued help By MALMINDERJIT SINGH [SINGAPORE] The Goods and Services Tax (GST) Voucher announced in Budget 2012 will be more effective in helping the low-income here cope with the rising cost of living than exempting basic necessitiesFILE PHOTO - 714 words
-
375 2012-02-28 4 JOSHUA TAN - WHAT SMES SAY By JOSHUA TAN [SINGAPORE] While other companies have expressed concerns over the latest measures to curb reliance on foreign workers, Feinmetall Singapore Pte Ltd is upbeat. The government’s aim of managing Singapore’s dependence on foreign workers resonates strongly with Sam375 words
-
228 2012-02-28 4 AMANDA EBER - away –By AMANDA EBER [SINGAPORE] No matter how much they pay, there are some jobs that Singaporeans just don’t want to do, said Kenny Yap, head of Qian Hu Group. Sounding resigned about the rising foreign worker levies and shrinking quotas to be228 words
-
248 2012-02-28 4 LIM WEI SHENG - By LIM WEI SHENG [SINGAPORE] Aldon Technologies Services Pte Ltd, a product and service provider in the semiconductor and precision engineering industries, has reached its maximum quota for the number of non S-pass holders it can hire. But group managing director Allen248 words
-
-
Page 2 Advertisements
-
Advertisement170 2012-02-28 2 Open up your dreams Satisfaction attached. Manufacturing printers for companies government organisations since 1964. in one mac me MC561dn Cd--p c*. _l Z3 U o= 0-3 u 3 o < E Q. I imm e m SMBUsersS.R.P. $1299 PRINT SPEED (PPM): 26Colour/30Mono A4 Digital LED Colour MFP Print, Copy, Scan,170 words
-
-
Page 3 Advertisements
-
Advertisement274 2012-02-28 3 fl VIBRANT CITV. COOL GREENERY. INFINITE COLOURS OF LIFE. Dynamic views. Feel the city. Make a statement at The Scotts Tower. Designed by world renowned architect and red dot award recipient Ben van Berkel of UNStudio, this is the place to be seen and heard. Choose from luxurious 1 bedroom274 words
-
-
Page 5 Advertisements
-
Advertisement71 2012-02-28 5 found way to sell more i gadgets i 0 r rM r i r/> every i m-A -4 Mr Albert Chan Retail Operations Manager, Epicentre V r o C 0 A SIMPLE IDEA CAN MAKE A BIG DIFFERENCE. YOU TOO CAN PLAY A PART IN IMPROVING PRODUCTIVITY. If you’ve got71 words
-
-
COMPANY NEWS
-
Article, Illustration599 2012-02-28 5 LYNN KAN - Group sees 10% rise in Q4 net gain to $251.9m, dividend of 17 cents declared By LYNN KAN SEMBCORP Industries’s fourth-quarter net profit rose 10 per cent year-on-year to $251.9 million from $228.7 million, helped by better operating performance from its utilities business.SEMBCORP - 599 words
-
536 2012-02-28 5 Bloomberg Reuters [LONDON] HSBC Holdings, Europe’s largest bank by market value, said it is on a “clear trajectory” to meeting its profitability target next year as it posted a 27 per cent increase in full-year profit for 2011. Net incomeBloomberg; Reuters - 536 words
-
Article, Illustration681 2012-02-28 7 FELDA CHAY - Fair-value gains also lower; group planning capex of US$500m in FY2012 By FELDA CHAY A MORE than one-third fall in fourth-quarter core earnings and fair-value gains resulted in Golden Agri-Re-sources posting a 36 per cent drop in net profit forFILE PHOTO - 681 words
-
369 2012-02-28 7 NISHA RAMCHANDANI - Final dividend of 4 cents per share proposed By NISHA RAMCHANDANI QAF posted a 21 per cent jump in net profit to $59.16 million for the financial year ended Dec 31, 2011, on the back of revenue growth across its various business369 words
-
402 2012-02-28 8 FELDA CHAY - Full-year earnings up 37% at US$196.4m; firm proposes a final dividend of 2.5 cents By FELDA CHAY BUOYED by bumper production volumes and higher yields and selling prices trends that it expects will continue palm plantation firm First Resources ended its fourth402 words
-
Article, Illustration369 2012-02-28 8 CARINE LEE - Performance helped by higher govt subsidy, forex gains By CARINE LEE HELPED by a near doubling in local government subsidy and foreign exchange gains, China-based XinRen Aluminium Holdings Ltd yesterday reported a 10.6 per cent rise in 2011 net profit to a record 421.75 millionXINREN ALUMINIUM HOLDINGS - 369 words
-
485 2012-02-28 8 VEN SREENIVASAN - By VEN SREENIVASAN MAINBOARD-listed interiors and design specialist Kingsmen Creatives unveiled strong bottomline and revenue growth, and announced a dividend payout which translated into a full-year yield of almost 6.5 per cent. Buoyed by strong performances by its Interiors, Research Design and485 words
-
314 2012-02-28 8 KELLY TAY - By KELLY TAY A FALL in gross profit coupled with a rise in operating expenses saw China Paper Holdings Ltd’s net profit dive 39.2 per cent to 79.5 million yuan (S$15.8 million) for 2011, from 130.8 million yuan for the preceding314 words
-
1382 2012-02-28 8 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 1 150 162 29.00 27 Baker Technology Ltd W*****6 5.8 1 32 24 5.26 9 Best World Intl Ltd W*****5 2 1 30 56 10.25 17 Biosensors1,382 words
-
409 2012-02-28 8 LYNETTE KHOO - By LYNETTE KHOO SKY China Petroleum Services posted a 58 per cent slump in net profit to $1.66 million for the three months ended Dec 31, citing lower revenue and impairments. Revenue in the fourth quarter slipped 15 per cent to $12.6 million409 words
-
-
SINGAPORE MARKETS
-
Article, Illustration591 2012-02-28 6 VEN SREENIVASAN - Index ends session 31.3 points lower at 2,946.78 points with attention shifted to the penny stock sector STOCKS VEN SREENIVASAN Senior Correspondent WEAKNESS in regional markets, a weak opening on the European bourse and negative numbers on Wall Street stock index futures sentSource: Bloomberg - 591 words
-
Article64 2012-02-28 6 Feb 27 VALUE CLOSE BT OB/OS -311.00-320.00 BT CADI -*****.00-164.00 BT 10-day MA -*****.00 -31.00 FTSE ST Mid Cap 686.14 -6.15 FTSE ST Small Cap 461.41 -6.59 FTSE ST All Share 714.58 -7.56 FTSE ST China Top 229.88 -5.23 FTSE ST China 256.36 -4.81 FTSE ST Catalist64 words
-
Article186 2012-02-28 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 10 3 0 0 0 3 10 3 Manufacturing 45 82 30 4 10 7 49 92 37 Commerce 9 27 22 3 4 3 12 31 25 Tpt/Stor/Comms 9 23 7186 words
-
Article1028 2012-02-28 6 LYNETTE KHOO - Compiled by LYNETTE KHOO Venture Corporation Feb 27 close: $8.07 DBS Group Research, Feb 27 ALL business segments outperformed despite industry-wide weakness in Q4 FY2011. Core profit of $36.8 million (-32 per cent y-o-y, +6 per cent q-o-q) was in line with consensus but much better than our1,028 words
-
Article123 2012-02-28 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 20,444 20,444 56,755 56,755 Manufacturing 295,313 140,193 435,506 202,570 4,922 207,492 Commerce 154,870 7,809 162,679 204,994 702 205,696 Tpt/Stor/Comms 156,644 24,404 181,048 186,261 4,170 190,431 Finance 16,313 70 16,383 97,159 14 97,173 Construction 166,296 18,156123 words
-
Article109 2012-02-28 6 Stock name Close Change CapMallsAsia 1.545 -0.020 CapitaLand 3.070 -0.030 CapitaMall 1.760 CityDev 11.000 -0.230 ComfortDelGro 1.470 -0.040 DBS Grp 14.020 -0.140 F&N 6.490 -0.110 GLP 2.090 -0.060 Genting SP 1.590 -0.045 Golden Agri 0.750 HK Land 5.590 -0.130 JMH 48.370 -1.130 JSH 29.650 -0.560 Jardine109 words
-
Article, Illustration537 2012-02-28 6 CURRENCIES Reuters [LONDON] The Japanese yen recovered from a nine-month low against the US dollar yesterday as investors bought the currency at lower levels, while the euro dipped but stayed near recent highs before a liquidity injection by the European Central Bank. The USReuters; AP - 537 words
-
Article54 2012-02-28 6 VOLUME ChinaFashion 72,522,000 Golden Agri 67,877,000 Genting SP 65,774,000 UniFiber 59,937,000 Asia Water 55,846,000 Memstar 45,900,000 AddvalTech 43,252,000 Noble Grp 39,675,000 Infinio 37,953,000 MDR 36,934,000 VALUE($) Genting SP 105,830,130 Olam 72,109,150 Noble Grp 54,715,360 Wilmar 53,999,590 Golden Agri 51,028,600 SingTel 44,870,600 CapitaLand 41,711,370 DBS Grp 39,100,890 GLP54 words
-
Article110 2012-02-28 6 BY CENTS CLOSE UP DBXT MSEurope 10US$ 4482 235.5 4.4 DBXT DBLCI-OY 5US$ 4109 71.8 1.4 DBXT S&P Short 10US$ 3829 36.5 0.8 Lyxor Russia 10US$ 471 31.5 5.6 DairyFarm 1017 21.4 1.7 Venture Corp 807 20.0 2.5 DBXT CSI300 10US$ 928 18.9 1.6 UOB 5.05%NCPS 100 ***** 18.0110 words
-
Article126 2012-02-28 6 BY CENTS CLOSE DOWN DBXT MSAsExJp 10US$ 3139 -227.9 -5.5 DBXT Nifty 10US$ ***** -221.6 -1.6 JMH 4837 -142.3 -2.3 GLD 10US$ ***** -138.5 -0.6 IS S&P500 ***** -115.9 -0.7 Lyxor MS India 10US$ 1406 -90.7 -4.9 DBXT MSJAP 10US$ 3769 -79.3 -1.6 JSH 2965 -70.5 -1.9 DBXT FTChina25126 words
-
-
Page 7 Advertisements
-
Advertisement226 2012-02-28 7 InvestorRelationsHighlights Kreuz Holdings FY2011 Net Profit More Than Triples to US$26.6 Million Revenue surged 182% to US$153.8 million which was driven mainly by an increased number of subsea service projects performed by the Kreuz Holdings. Current order book of approximately US$155 million, for works to be executed in Southeast Asia,226 words
-
Advertisement153 2012-02-28 7 A SINGAPORE WSI WORKFORCE SKILLS M QUALIFICATIONS Be transformed into your best shape Triumph f Triumph brings the true art of shaping to all women in Singapore with its unique Shapewear Cocoon customer experience, Step into the “cocoon”, and discover shapewear that defines curves to reveal your natural beauty, Complete153 words
-
-
SINGAPORE NEWS
-
Article, Illustration1068 2012-02-28 9 ANNA LEE, BRYAN KOH - Dover Road Hospice to benefit from Charity Ride By ANNA LEE, BRYAN KOH GIVEN the choice, would you rather donate to children who have their whole lives ahead of them, or the sick and dying elderly living on borrowed time? That’s the1,068 words
-
415 2012-02-28 9 EDWIN LOH - Rodyk Davidson partners EDB to attract overseas companies Efforts are aimed at global mid-sized companies and Asian enterprises By EDWIN LOH SINGAPORE has found its first legal ally in its efforts to woo global midsized companies and Asian enterprises to Singapore. Singapore’s oldest law firm, Rodyk Davidson LLP, announced yesterday415 words
-
436 2012-02-28 9 MALMINDERJIT SINGH - Business Receipts Index rises 2% as education sector suffers sharp fall By MALMINDERJIT SINGH BUSINESS activity in the services sector in Singapore registered slower growth in the last quarter of 2011, with education suffering a sharp decline. The quarterly Business Receipts Index436 words
-
-
Page 9 Advertisements
-
Advertisement63 2012-02-28 9 44 My dad is creating a better future. h ni i5»s i i ra TOMORROW TOGETHER Our team is focused on achieving a better future by creating richer lives and a greener environment. They develop advanced technologies that continue to win the trust of leading developers and the hearts of63 words
-
-
SME Inc
-
Article, Illustration1195 2012-02-28 10 EDWIN LOH - You don’t have to be very scientific to solve problems at THT Logistics, reportsEDWIN EMBRACING PRODUCTIVITY AND INNOVATION EDWIN LOH WHEN asked about the policies implemented to enhance workplace productivity and innovation, THT Logistics managing director Marcus Chang stared intently at his notes, tookARTHUR LEE - 1,195 words
-
Article, Illustration547 2012-02-28 12 SUM YEE LOONG - Engage SMU profs SUM YEE LOONG The writer is professor of accounting (practice), School of Accountancy, Singapore Management University Q: The recent proposal by Finance Minister Tharman Shanmugaratnam to reduce the Dependency Ratio Ceilings (DRCs) is likely to drive up labour costs for the SMEs. HowFILE PHOTO - 547 words
-
363 2012-02-28 12 RONALD LEE - By RONALD LEE The writer is managing director of PrimeStaff Management Services EVERY employer hopes that the people they hire come “ready-made” with all the necessary skills, including interpersonal and social skills. But that’s not always the case as some are363 words
-
Article, Illustration1327 2012-02-28 13 ANNA LEE - myHealth Sentinel the first local telehealth company has a social cause underpinning its business, reportsANNA LEE reportsANNA ANNA LEE NOTHING ventured, nothing gained. For William Chew, CEO of myHealth Sentinel (mHS), his ventures have not always been successful, but that has not killed his entrepreneurialYEN MENG JIIN - 1,327 words
-
Article, Illustration923 2012-02-28 13 SHEERE NG - Recent graduate May Lee finds that an SME is an ideal training ground for her By SHEERE NG MAY Lee had a good feeling about Select Group the moment she found out that the man conducting the job interview was the company’s managing director himself.923 words
-
Article, Illustration912 2012-02-28 14 WILLIAM WILLEMS - Potholes range from faux pas to management styles COMMENTARY By WILLIAM WILLEMS The writer is regional vice-president for Australia, New Zealand and South-East Asia at Regus, a provider of flexible workplaces THE secret of success is to understand the point of view of others,”BLOOMBERG - 912 words
-
-
Page 10 Advertisements
-
Advertisement184 2012-02-28 10 Thursday, 29 March 2012, Sands Expo Convention Center Singapore Brand Conference BRANDING THE 4 PILLARS: HUMAN CAPITAL MANAGEMENT I FINANCE INNOVATION MARKETING I TECHNOLOGY OPERATIONS L Dr Wu Dong Qing Managing Director CEO Chemilink Technologies Group Pte Ltd Singapore Brand Conference 2012 Programme Highlights Keynote Speaker Mr Colin Low, President184 words
-
-
Page 11 Advertisements
-
Advertisement211 2012-02-28 11 i mageCLASS Canon Delighting You Always Let your efficiency fly with SEND Technology Shared Fo der V Networked PC Email inboxes > k ■>. w m UIOII iU Forward scans virtually anywhere even via a USB Flashdrive! <! a SEND SCAN PC Quick Start Up Scan-and-send to email/SMB Scan to211 words
-
-
Page 12 Advertisements
-
Advertisement122 2012-02-28 12 -S' Experiencing a talent squeeze? Partner with SPRING to grow your talent pool. Join MAR Management Associate Partnership attracts and develops young talented graduate with SMEs. BENEFITS FOR ELIGIBLE COMPANIES: Get up to $15,000 training grant* for each talent recruited Be profiled as a choice employer at exclusive career events122 words
-
Advertisement120 2012-02-28 12 HAVE a pressing question about a business related issue that your company is facing? Professors from the Singapore Management University (SMU) will provide their expert advice and answers to your queries on a fortnightly basis. All you need to do is send us an e-mail with your query at btnews@sph.com.sg120 words
-
-
Page 14 Advertisements
-
Advertisement259 2012-02-28 14 china v 4* 4) IMPORT AND EXPORT FAIR Business opportunities blossoming A collection of prime goods, a journey to harvest A yV T T A >* *w# ■7 ft 55* S3 J' o. £W> o UUH -7a -ST- j 5K A 3*4 r* i WUh/ IV V rww f 5„V259 words
-
-
EMERGING ENTERPRISE
-
Article, Illustration1340 2012-02-28 15 There remains clearly much work to be done to heighten the awareness of risk management in such enterprises TO state that small and mediumsized enterprises (SMEs) are important to global economies is an understatement they are the backbone. SMEs constitute more than 99 perSTOCK.XCHNG - 1,340 words
-
-
Page 15 Advertisements
-
Advertisement128 2012-02-28 15 Supporting SMEs, championing big dreams As the longest established local bank, we have always been there for Small and Medium-sized Enterprises. Through our commitment to support the growth ambition of businesses, we have also realised ours. Best SME Bank 2010-2011 by Alpha Southeast Asia Magazine Ranked by Bloomberg Markets WORLD’S128 words
-
-
ECONOMY WATCH
-
597 2012-02-28 16 Economic shock from such an attack seen triggering 2nd global recession Reuters [LONDON] A jump in energy prices is jamming the slow-turning cogs of an economic recovery in the West, but that may be nothing compared with the economic shock anReuters - 597 words
-
Article, Illustration533 2012-02-28 16 Govt must overhaul its economy for next 20 years’ expansion Bloomberg [BEIJING] China is likely to see little slowdown in growth this year even as its government needs to overhaul its economy to manage expansion over the next twoBloomberg; REUTERS - 533 words
-
268 2012-02-28 16 Bloomberg [SEOUL] Returns from South Korea’s National Pension Service, the country’s biggest investor, slowed last year as a slump in global equity markets countered gains from so-called alternative investments. The fund posted a preliminary 2.3 per cent return in 2011, the Ministry ofBloomberg - 268 words
-
324 2012-02-28 16 Bloomberg [HO CHI MINH CITY] Vietnam’s trade balance swung to a deficit in February, reviving pressure on the currency to weaken after recent gains. The shortfall this month was US$800 million, compared with a revised US$172 million surplus in January, according to preliminaryBloomberg - 324 words
-
317 2012-02-28 16 Bloomberg [TOKYO] Japanese banks are selling subordinated bonds at the fastest rate since 2009, taking advantage of a drop in borrowing costs before stricter capital rules are introduced next year. Four lenders sold a combined 356 billion yen (S$5.5 billion) ofBloomberg - 317 words
-
-
Page 16 Advertisements
-
Advertisement530 2012-02-28 16 WATS NOTICES NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATOR GATEWAY 2000 ASIA PTE LTD (Co. Reg. No.*****6678D) (In Provisional Liquidation) (Incorporated in the Republic of Singapore) Take notice that Mr. Lim Yeong Seng, CPA, Approved Liquidator of Kong, Lim Partners LLP, 13A Mackenzie Road, Singapore *****6 has been appointed provisional liquidator530 words
-
Advertisement605 2012-02-28 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND TRIDENT LAND PTE. LTD. (In Members’Voluntary Liquidation) At an Extraordinary General Meeting of the members of TRIDENT LAND PTE. LTD. duly convened and held at 554 Havelock Road #01-00 Ganges Centre Singapore *****9 on 22 February 2012, the following Resolutions605 words
-
Advertisement337 2012-02-28 16 WATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ETONHOUSE INVESTMENTS PTE. LTD. (In Members’ Voluntary Liquidation) Company registration no. *****0399G At an Extraordinary General Meeting of the Company duly convened and held at 19 Kim Keat Road #05-03 Fu Tsu Building Singapore337 words
-
Advertisement97 2012-02-28 16 THE MONETARY AUTHORITY OF SINGAPORE Results of auction of taxable book-entry Singapore Government Bonds to be issued on 01 March 2012 Tenor Approximately 5 years Total Amount Allotted SGD 2,300,000,000 Amount Allotted to Non-Competitive Applications SGD 108,406,000 Amount Allotted to MAS Nil Total Amount Applied SGD 4,529,936,000 Coupon Rate 2.375%97 words
-
-
MALAYSIA
-
455 2012-02-28 17 S JAYASANKARAN - Vincent Tan may focus on Berjaya’s CSR and his charities By S JAYASANKARAN in Kuala Lumpur MALAYSIAN tycoon Vincent Tan Chee Yioun is mulling over a plan to float two of his private firms 7-Elev-en Malaysia and MOL Global next year in a455 words
-
465 2012-02-28 17 PAULINE NG - By PAULINE NG in Kuala Lumpur CARLSBERG Brewery Malaysia will begin local production of a number of premium beers this year to increase its market share and profitability, and gradually raise output for regional markets including Singapore. Although Carlsberg beer remains the brewer’s465 words
-
569 2012-02-28 17 S JAYASANKARAN - Long-awaited RM2b deal would create the country’s largest broker By S JAYASANKARAN in Kuala Lumpur ALONG-AWAITED RM2 billion (S$0.83 million) merger between OSK Investment B an k an d M a l a y s i a s fifth-largest lender, RHB Capital,569 words
-
-
Page 17 Advertisements
-
Advertisement84 2012-02-28 17 AWARDED NUMBER IN SINGAPORE FOR CFD E 1 i vssh YSSSSJ IGMARKETS.COM.SG Thank you to Singapore’s traders for recognising our excellent customer service, two years in a row Quality local service is central to our business. 1 1 i IG MARKETS CFD trading can result in losses that exceed your84 words
-
-
GREATER CHINA/INDIA
-
Article, Illustration761 2012-02-28 18 Net worth of NPC members reflects imbalances in economic growth Bloomberg [BEIJING] The richest 70 members of China’s legislature added more to their wealth last year than the combined net worth of all 535 members of the US Congress, the president and hisBloomberg; BLOOMBERG - 761 words
-
472 2012-02-28 18 Tang and Leung will also mull land reclamation Bloomberg [HONG KONG] Henry Tang and Leung Chun-ying, the front-runners in the race to be Hong Kong’s next leader, promised to ease a housing shortage by increasing land supply near mainland China should they getBloomberg - 472 words
-
371 2012-02-28 18 Bloomberg [NEW DELHI] Millions of Indian government employees in banks, telephone and transport services will strike today to protest rising prices and proposed sales of stakes in state-run companies that they say will lead to job losses. The one-day stoppage hasBloomberg - 371 words
-
-
Page 18 Advertisements
-
Advertisement186 2012-02-28 18 (value) 2 Double the expertise. Twice the impact. 2 Prestigious MBA degrees Leading business schools Ideal locations Singapore and Tokyo Nanyang-Waseda Double MBA -1 year programme Obtain 2 prestigious MBA degrees from Asia's leading business schools Nanyang Business School, globally recognised for its incisive education in business management and leadership186 words
-
Advertisement107 2012-02-28 18 Wherever you go, never miss out on the stock market action with ShareInvestor Mobile Download forFREEfrom Apple Apps store for iPhone, iPad users and Android Market for Android users. Get it now. Scan QR Code with your mobile and learn more about our application.* Android iPhone You will need to107 words
-
-
Page 18 Miscellaneous
-
Miscellaneous17 2012-02-28 18 913FM TODAY'S BEST MUSIC SINGAPORE’S HOTTEST MORNING SHOW JILLIAN LIM THE MARRIED MEN WEEKDAYS BAM TO lOAM17 words
-
-
WORLD
-
Article, Illustration632 2012-02-28 19 Rudd says he accepts the result and would fully support the PM Bloomberg Reuters [CANBERRA] Australian Prime Minister Julia Gillard defeated predecessor Kevin Rudd in a leadership ballot, leaving her to unite the ruling Labor party and revive its lagging poll ratings before electionsBloomberg; Reuters - 632 words
-
345 2012-02-28 19 LATEST US DATA Bloomberg [WASHINGTON] The number of Americans signing contracts to buy previously owned homes rose more than forecast in January, indicating the industry that triggered the last recession is improving. The index of pending home resales climbed 2 perBloomberg - 345 words
-
Article, Illustration638 2012-02-28 19 DYLAN TAN - By DYLAN TAN [SINGAPORE] The 84th Academy Awards showed its age by giving veteran 82-year-old actor Christopher Plummer his first Oscar ever and naming black-and-white silent movie, The Artist, Best Film. Plummer, who won a Best Supporting Actor prize for his role as aPHOTOS: AFP, AP - 638 words
-
495 2012-02-28 19 Merkel to face rebels from own coalition during House debate Reuters [BERLIN] Germany’s Parliament was almost certain to endorse a second Greek bailout last night but Chancellor Angela Merkel was torn between domestic pressure to stop throwing good money after bad and globalReuters - 495 words
-
667 2012-02-28 19 Germany under pressure to back stronger firewall Reuters [MEXICO CITY] Leading economies told Europe it must put up extra money to fight its debt crisis if it wants more help from the rest of the world, piling pressure on GermanyReuters - 667 words
-
704 2012-02-28 20 ANTHONY ROWLEY - Views divided over whether decline will continue or proved to be short-lived By ANTHONY ROWLEY in Tokyo AS THE yen hit a nine-month low against the dollar yesterday, disagreements erupted over whether the currency is likely to continue sliding, bringing much needed further704 words
-
235 2012-02-28 20 Bloomberg [SYDNEY] The World Bank’s International Bank for Reconstruction and Development (IBRD) is seeking to sell kangaroo bonds for the first time since January 2011. The IBRD is planning to sell debt due in 2017 and 2022, in an offering managedBloomberg - 235 words
-
Article, Illustration748 2012-02-28 20 ANTHONY ROWLEY - Strong yen, fierce competition among reasons for failure By ANTHONY ROWLEY in Tokyo ELPIDA Memory Inc, a leading Japanese computer chip manufacturer formed 12 years ago from the merged interests of industry giants NEC, Hitachi and Mitsubishi, said yesterday that it had givenBLOOMBERG - 748 words
-
466 2012-02-28 20 Report says rules for finance, telecoms flimsy as Internet develops Reuters [WASHINGTON] Global trade rules for finance, telecommunications and other service sectors have failed to keep pace with changes in technology and are “modest and flimsy” compared with trade rulesReuters - 466 words
-
495 2012-02-28 20 Reuters [GIMPO, South Korea] South Korea’s main opposition party pledged to rein in the country’s huge business conglomerates, in some of its most explicit policy comments ahead of April parliamentary elections that opinion polls suggest it will win. Lee Yong-sup, head ofReuters - 495 words
-
580 2012-02-28 21 Inquiry also raises questions about the nation’s corporate governance Bloomberg [TOKYO] The suspension of AIJ Investment Advisors Co’s operations amid concerns that hedge funds it manages had lost pension money may undermine plans by Japan’s retirement funds to boost returns to meetBloomberg - 580 words
-
Article, Illustration577 2012-02-28 21 AFP [BEESKOW, Germany] Piled-up, forgotten and gathering dust, 23,000 artworks from the former East Germany fill a vast warehouse southeast of Berlin, testimony to an oppressive past. From busts of Karl Marx to paintings glorifying the “Heroes of Socialist Labour”, the communist art inAFP; PHOTOS: AFP - 577 words
-
450 2012-02-28 21 IP laws pushed for by US will affect NZ operated ICT firms Xinhua [WELLINGTON] New Zealand Internet and technology lobby groups are planning to attend the 11th round of the Trans-Pacific Partnership (TPP) talks in Australia to voice concerns that US-backedXinhua - 450 words
-
Article, Illustration623 2012-02-28 21 Policy makers decide to keep rates near zero through late ’14 Bloomberg [NEW YORK] Federal Reserve chairman Ben Bernanke is trying to compensate for the damage lawmakers threaten to inflict on the US economy, even as Republicans skewer his stimulus efforts for riskingBloomberg - 623 words
-
-
Page 21 Advertisements
-
Advertisement98 2012-02-28 21 UlttHHUW? RQfil JRia«W* W i MpsulK$69only Money-back Guarantee'! Hum ostate ag*..... T T 1 xL. *TOStBtC Health Health ,«h High Strength Formulation Support. Pn—.F«nc«oo B ‘restate 'Health supports the health of prostate. Helps men urinate smoothly! 'QtMBM] 100% fOjIngredients “iManufadured in Singapore Your results may vary. Money refund if conditions98 words
-
-
EDITORIAL & OPINION
-
Article, Illustration949 2012-02-28 22 WAYNE ARNOLD - Many observers do not admit a property crash is likely. These denialists are in for a shock REUTERS BREAKINGVIEWS By WAYNE ARNOLD Haulers CHINA watchers are in denial over the likelihood of a property crash. While politicians openly worry about China’s too-expensiveHaulers; REUTERS - 949 words
-
449 2012-02-28 22 EDITORIAL WEEKS of ugly political infighting came to an end yesterday when Australian Prime Minister Julia Gillard emphatically won a leadership showdown against her former foreign minister Kevin Rudd, with strong backing in a ballot of Australian Labor Party lawmakers. But is the “political449 words
-
Article, Illustration813 2012-02-28 22 PAUL KRUGMAN - THE BOTTOM LINE PAUL KRUGMAN The writer is professor of economics and international affairs at Princeton University, and winner of the Nobel Prize in economics in 2008 NYT [LISBON, Portugal] Things are terrible here, as unemployment soars past 13 per cent. ThingsNYT - 813 words
-
Article, Illustration1125 2012-02-28 23 TAN BIN ENG, LIM WEN LING - Budget 2012 offers enhancements, initiatives to help SMEs boost productivity and innovation By TAN BIN ENG LIM WEN LING Tan Bin Eng is director and Lim Wen Ling is manager of Business Incentives Advisory at Ernst Young Solutions LLP S Singapore pursues an ambitious totalFILE PHOTO - 1,125 words
-
Article, Illustration841 2012-02-28 23 LEON HADAR - LEON HADAR Washington Correspondent SO what’s not to like about President Barack Obama’s proposed changes to the US corporate tax structure? After all, both Democrats and Republicans, as well business executives and labour leaders, seem to agree that the current US corporate tax codeAP - 841 words
-
LETTERS TO THE EDITOR
-
298 2012-02-28 23 I NOTE from the media that SGX has stated: “SGX will not discuss the court proceedings or rehearse arguments in the public. We have not done so hitherto and intend to wait for the hearing in court.” Again, I was surprised by such a298 words
-
197 2012-02-28 23 I REFER to the letter “IRAS clarifies GST process misconceptions” (BT, Feb 23) by Claire Chua (Mrs). For the benefit of GST-registered businesses, the IRAS should release the following information in its annual report: 1) The number of GST-registered businesses that had197 words
-
-
-
Page 23 Advertisements
-
Advertisement122 2012-02-28 23 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel122 words
-
-
AVIATION
-
Article, Illustration1265 2012-02-28 24 A govt bailout for the private carrier won’t go down well with the public Reuters [NEW DELHI] As Kingfisher Airlines careens towards collapse, the Indian government finds itself between a rock and a hard place. The government, alreadyReuters; AFP - 1,265 words
-
475 2012-02-28 24 Bloomberg [COLOMBO] SriLankan Airlines, seeking a return to profit in two years, plans to focus expansion on Asian routes as European travellers pare spending on vacations. “We are taking a cautious approach in Europe and an aggressive one in Asia,”Bloomberg - 475 words
-
Article, Illustration708 2012-02-28 24 Reuters [EGLIN AIR FORCE BASE, Florida] The US government is eyeing Israel, Canada and the United Arab Emirates (UAE) as possible initial foreign buyers of the V-22 Osprey, a tilt-rotor aircraft built by Boeing Co and Bell Helicopter, a top USReuters; REUTERS - 708 words
-
-
Page 24 Miscellaneous
-
Miscellaneous292 2012-02-28 24 CRYPTIC CROSSWORD Across 1 Beef perhaps about certain chaps’ size (11) 9 Man in charge in advance? (7) 10 Free to follow a relative (6) 12 Bites back endless pain from plant (7) 13 Bottle is more shaken, hard to open (7) 14 Rough start to deep sea vessel (5)292 words
-
-
2414 2012-02-28 25 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 STXPO2,414 words
-
Page 25 Advertisements
-
Advertisement23 2012-02-28 25 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? it TO ADVERTISE, CALL JOE WONG AT *****32723 words
-
-
SHIPPING
-
733 2012-02-28 26 Oil tankers prime targets as attacks on vessels surge, spark appeals to UN AFP [LAGOS] The waters off West Africa’s coast, the Gulf of Guinea, are a growing source of oil and have recently seen a spike in piracy for theft ofAFP - 733 words
-
250 2012-02-28 26 Bloomberg [COPENHAGEN] A.P. Moeller-Maersk A/S reported a 43 per cent drop in 2011 profit after falling freight rates pushed its container line, the world’s largest, to a loss. Net income fell to 15.2 billion kroner (S$3.45 billion) in 2011 from 26.5 billion kronerBloomberg - 250 words
-
Article259 2012-02-28 26 SGX '000 Feb 27 S$ +/-Vol CH Offshore 0.38 unch 729 Chuan Hup Hldg 0.24 0.01 213 Cosco Corp 1.15 -0.06 ***** s$ Ezra Hldgs 1.20 -0.06 4423 First Ship Lea 0.21 -0.01 237 Freight Links 0.06 unch 930 Grand Banks 0.20 unch 44 Jaya Hold Ltd 0.55259 words
-
-
Page 26 Advertisements
-
Advertisement443 2012-02-28 26 TradeWinds Ship Recycling Forum 12-13 March 2012 Four Seasons Hotel, Singapore Whatever your priority obtaining the best price for a ship or promoting green recycling or both this Forum offers the right contacts and practical guidance for you to successfully navigate the commercial, regulatory and public relations minefield. "The TradeWinds443 words
-
Advertisement34 2012-02-28 26 USE THIS SPACE TO SELL, CALL JOE WONG AT 9620 1327 TO ADVERTISE. The Business Times Shipping Times Legal services required by shippers owners Can they find your services here in the Shipping Times?34 words
-
-
SINGAPORE STOCKS
-
Article3015 2012-02-28 27 Transaction date: Feb 27 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld 112.5 92.5 AIMSAMPIReit 105.5 -1.5 138 107 105.5 105.5 106 1.9 10.73,015 words
-
Article183 2012-02-28 28 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 Div Gr Yld Net M Cap High Low Company Sale (’000) High Low Buyer Seller C'vr P/E Smil 0.3183 words
-
Article7285 2012-02-28 28 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha Fund Cl A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mat Asia Limited Asian Smaller Cos 17,285 words
-
Article183 2012-02-28 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 46 25.5 Genting HK US$ US35.5 -1.5 7957 36.5 35.5 35.5 36 2337.5 Vol 205 168 TanChongInt HK191 191 197 2.9 2.6 13.3 3846.5 STOCK PRICES LEGEND:183 words
-
Article936 2012-02-28 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 109.5 ABF SG Bond ETF 117.8 -0.2 18 118.1 117.8 117.2 117.8 537.7 1261 856 CIMBAsean40 100US$ US1042 1029 1031 41.7 ***** ***** DBXT AUD936 words
-
-
FINANCE & COMMODITIES
-
373 2012-02-28 29 In local curr In S$ In US$ dy yr dy yr dy yr Feb 24 Index Change Change Change Change Change Change World Preliminary 906.3 0.3 9.2 0.5 6.6 0.6 10.1 EAFE Preliminary 748.2 0.4 9.7 0.9 7.9 0.9 11.4 Europe Preliminary 1110.5 0.3 8.2373 words
-
Article77 2012-02-28 29 CRUDE OIL PRODUCTS Feb 24 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 124.07 0.59 WTI (Near Mth) 109.68 1.91 Dubai (1-Mth F) 120.71 0.48 Tapis blend 132.06 -0.08 Minas 131.86 -0.08 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 117.78 0.11 Jet Kerosene 137.25 0.65 US$/barrel Opec Oil77 words
-
Article107 2012-02-28 29 Feb 23 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 12 1276.75 1272.25 1280.00 1266.50 May 12 1283.50 1278.75 1286.25 1272.25 Jul 12 1291.25 1286.50 1294.00 1280.50 Aug 12 1285.50 1280.50 1288.00 1275.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 12 54.20107 words
-
Article76 2012-02-28 29 Feb 27 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 31-May-12 0.34 1-Year BY*****W 01-Nov-12 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 99.95 5-Year N*****0Z 2.375 01-Apr-17 108.45 3-Month 10-Year NX*****X 2.25076 words
-
Article443 2012-02-28 29 Feb 27 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar12 99.5200 0 3037 Jun12 99.4850 0 1306 Sep12 99.4450 0 763 Dec12 99.4000 0 1368 EUROYEN TIBOR FUTURES Mar12 99.6650 509 1915 Jun12 99.6650 9 1849 Sep12 99.6625 0 683 Dec12 99.6625 0 415 Mar13 99.6600443 words
-
Article, Illustration100 2012-02-28 29 As on 24 february 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD PUT APR2012 1784.10 •773,60 1776.30 330 CURRENCY audusd put ruR-usD rur MAK20I2 MAR201? 1.0718 1.5469 1.0673 1.3359 1.0695 1,3480 43 6222 8ASE METAL copperrur MAR2012 8548 8537 8515 3632 INDEX100 words
-
Article161 2012-02-28 29 Feb 27 SICOM RUBBER Futures (Closing prices) RSS 3(US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Mar 12 400.0 400.0 398.7 2 300 Apr 12 399.5 399.5 401.0 20 104 May 12 401.8 214 Jun 12 403.0 201 Jul 12 403.3 128 Aug 12 405.0161 words
-
Article67 2012-02-28 29 Feb 24 Feb 24 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2287.00 2231.75 3 months 2327.00 2274.00 Copper, Grade A(US$/tonne) Cash 8553.00 8394.75 3 months 8530.50 8390.00 Lead(US$/tonne) Cash 2181.00 2138.00 3 months 2208.00 2165.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.0067 words
-
Article80 2012-02-28 29 Feb 23 COCOA (£/tonne) Close Prev High/Low Mar 12 1510 1571 1578/1494 May 12 1519 1578 1588/1493 Jul 12 1533 1591 1600/1510 Sep 12 1542 1597 1605/1516 COFFEE(US$/tonne) Close Prev High/Low Mar 12 2018 1948 2036/1953 May 12 2018 1950 2033/1949 Jul 12 2001 1960 2016/1960 Sep 12 201280 words
-
Article470 2012-02-28 29 Feb 27 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.069 6.723 0.793 8.276 52.323 97.742 0.865 12.050 3.222 1.279 97.038 45.867 1.344 8.136 0.956 31.569 32.524 0.673 1.067 Canada 0.936 6.292470 words
-
Article57 2012-02-28 29 Feb 27 (US$) (S$) 1 mth 2.***** 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$) 0.***** 3 mths 0.***** 0.***** 9 mths SWAP Mid rates (S$) 0.***** SWAP Mid rates (S$) i57 words
-
Article144 2012-02-28 29 Feb 27 GOLD(US$/oz) Feb 24 Feb 27 Hong Kong 1783.00 1776.30 Feb 27 Feb 22 Feb 24 London 1756.21 1777.19 1756.98 1778.41 Source: Thomson Reuters Source: Thomson Re uters CAST BAR Feb 27 (S$) Selling Buying Kilobar 76,931.93 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 172 72144 words
-
Article57 2012-02-28 29 Feb 27 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 12 3250.0 3232.0 3251.0 3225.0 528 1808 Apr 12 3281.0 3260.0 3282.0 3250.0 2485 ***** May 12 3290.0 3276.0 3300.0 3266.0 ***** ***** Jun 12 3285.0 3272.057 words
-
Article23 2012-02-28 29 Feb 27 Open High Sett STI Feb 2947.0 SIMSCI Feb 345.5 346 342.3 Taiwan Feb 282.2 284.0 Source: SGX Derivatives23 words
-
Article154 2012-02-28 29 Feb 27 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3434 1.3450 1.0668 1.0673 Canadian dollar 1.2572 1.2588 0.9983 0.9989 Euro 1.6941 1.6957 1.3453 1.3456 NZ dollar 1.0500 1.0520 0.8338 0.8348 Sterling pound 1.9974 1.9992 1.5861 1.5864154 words
-
Article22 2012-02-28 29 Feb 27 S$ Bid Offer 1-month 1.2593 1.2602 2-months 1.2593 1.2602 3-months 1.2591 1.2601 6-months 1.2580 1.2591 Source: OCBC22 words
-
Article121 2012-02-28 29 As at 9am Feb 27 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.373 1.308 Can dollar 1.281 1.232 Euro 1.724 1.658 Sterling pound 2.034 1.956 NZ dollar 1.079 1.028 US dollar 1.277 1.228 Local dollars to 100 units of foreign121 words
-
Article154 2012-02-28 29 Feb 27 $S Offer Bid 0vernight 0.03 0.01 1-month 5/16 3/16 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.50 0.30 3 months 0.65 0.45 6 months 0.90 0.70 9 months 1.05 0.85 12154 words
-
-
Page 29 Advertisements
-
Advertisement128 2012-02-28 29 Africa. Now open for business. Fly Emirates to 21 African cities including Lusaka and Harare. One of the fastest growing regions is now also one of the most accessible. With our extensive African network covering 21 destinations, you’ll find it more convenient to do business in the continent. Coupled with128 words
-
-
PROPERTY
-
Article, Illustration1529 2012-02-28 30 MINDY TAN - Attraction due to weaker sterling and Europe’s uncertain economic conditions By MINDY TAN [SINGAPORE] London properties continue to lure investors, in large part supported by the weaker pound sterling, as well as the economic uncertainty that plagues Europe, say industry players. "Ironically, economic and evenAFP - 1,529 words
-
Article, Illustration512 2012-02-28 31 Homeownership seen as riskier so they are more likely to rent than own Bloomberg [ATLANTA] Federal Reserve Bank of St Louis president James Bullard said the 30 per cent drop in US housing prices since 2006 may prompt a generational shiftBloomberg - 512 words
-
Article, Illustration361 2012-02-28 31 Bloomberg [TOKYO] Grosvenor Group Ltd, the real estate firm owned by the family trust of Britain’s Duke of Westminster, plans to raise 40 billion yen (S$622.3 million) for a fund to invest in Japanese properties as the market recovers. Grosvenor, with about US$17 billionBloomberg; BLOOMBERG - 361 words
-
237 2012-02-28 31 Bloomberg [DUBAI] Investcorp Bank BSC, the Bahrain-based alternative investment firm, plans to spend US$250 million this year to buy properties in the US for its Persian Gulf clients. The company, which manages US$1.2 billion of real estate assets, spent US$200 million last yearBloomberg - 237 words
-
Article, Illustration599 2012-02-28 32 KALPANA RASHIWALA - Hong Leong sells 160 units at Bartley Residences at average $1,240 psf By KALPANA RASHIWALA [SINGAPORE] Even as Hong Leong Group is understood to have sold about 160 units at Bartley Residences last week, other developers are getting ready to roll out their projects in599 words
-
607 2012-02-28 32 MINDY TAN - By MINDY TAN [SINGAPORE] Average monthly gross rents for CBD Grade A office space in Singapore fell for the first time since the market bottomed out in the fourth quarter of 2009, against a backdrop of softening demand across the Asia Pacific607 words
-
Article, Illustration334 2012-02-28 32 Reuters [LONDON] British housebuilder Bovis Homes reported a 74 per cent jump in profit, helped by its focus on selling family homes in the relatively buoyant south of England, and said that it expected a strong 2012. Bovis, one of the smaller mid-cap London-listedReuters; BLOOMBERG - 334 words
-
Article, Illustration586 2012-02-28 32 [SINGAPORE] Singaporebased RB Capital is said to be one of four parties shortlisted for the final round of bidding for a portfolio of 42 Marriott hotels in the UK estimated to be worth around £700 million (S$1.4 billion) and controlled by586 words
-
211 2012-02-28 32 Xinhua [WUHAN] Authorities in central China’s Hubei province are mulling whether to “add height” to a building project, a move that would make the project the tallest building in China upon its completion, Wuhan-based contractor Greenland Construction Group said yesterday. The Wuhan municipal governmentXinhua - 211 words
-
-
Page 30 Advertisements
-
Advertisement161 2012-02-28 30 ENTRAL JJL I NK A Rare Business Development at CBD Fringe •V.v V 4 V* VR 81 K&i of Sg S' e' 9 QUEENSTOWN MRT TIONG BAHRU MRT Terms and conditions apply Estimated monthly installment based on 70% Bank loan of 1.75% for 25 years Rental yield of 6% is161 words
-
Advertisement119 2012-02-28 30 SAMSUNG HUB Premium Strata Office For Sale !k Sit III i&m iiS vi Prestigious Raffles Place office floors 999 years leasehold 2 minutes walk to Raffles Place MRT Station Good car parking (177 lots) Large floor plate with regular layout 4 strata units per floor Unit size: 2,906 to 3,875119 words
-
-
Page 31 Advertisements
-
Advertisement161 2012-02-28 31 Australian Property Finance ■-j' Have you recently bought an Australian property and need a loan to complete the transaction"? Already own and want to ensure you have the best loan? Contact Specialist Mortgage here in Singapore for free impartial advice to review all of your options. Specialist Mortgage 62g3 414g161 words
-
Advertisement133 2012-02-28 31 For Sale by Expression of Interest Sunshine Plaza(3 Retail units) 366 sq ft, 829 sq ft and 1,066 sq ft LH 99 yrs Selling with good quality tenants Ground floor, high human traffic Well-connected, walking distance to Bras Basah MRT, Bugis MRT, future Bencoolen MRT (Downtown line 3) Attractive location,133 words
-
Advertisement198 2012-02-28 31 (I) Jones Lang LaSalle Real value in a changing world Jones Lang LaSalle Property Consultants Pte Ltd CEA Licence No. L*****26E FOR SALE BY PUBLIC TENDER Freehold Redevelopment Site at Balestier Close proximity to Orchard Road, CBD, MRT stations and reputable schools Site Area: 2,326.6 sq m 2,729 sq m198 words
-
