The Business Times, 30 March 2012
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2012-03-30
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The Business Times
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Title Section25 2012-03-30 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Friday, March 30, 201225 words
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841 2012-03-30 1 FELDA CHAY - Govt signals economic reform but illegal foreign currency market, poor infrastructure are barriers By FELDA CHAY [SINGAPORE] As reform fever grips Myanmar with a parliamentary by-election due this Sunday and the road to foreign investments likely to be widened in April the whole841 words
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1015 2012-03-30 1 JOYCE HOOI - Roast duck couple accuse partner Soup Restaurant of oppressive treatment, seek reinstatement By JOYCE HOOI [SINGAPORE] The hus-band-and-wife team behind roast duck chain Dian Xiao Er have taken its parent company Soup Restaurant Group of Samsui chicken fame to court over allegations of1,015 words
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MARKETS DIGEST
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Article110 2012-03-30 1 HST INDEX 2,994.09 (-21.89) HST INDEX FUTURES 2,994 (-22) HSIMSCI 346.79 (-2.98) HSIMSCI FUTURES 347.30 (-2.60) US$ S$ US$ (S$ per US$) 1.257 (US$/S$ per 1.592 2.000 EURO (US$/S$/E) 1.333 1.675 Foreign currency per US$ S$ YEN 82.40 65.60 RM 3.066 2.440 HK$ 7.765 6.180 BAHT 30.86 24.56 RUPIAH110 words
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Article18 2012-03-30 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.702 TAIWAN 5.036 JAPAN 1.475 Source: Source: Bloomberg18 words
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Page 1 Advertisements
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Advertisement167 2012-03-30 1 JAPAN Tepco seeks 1t yen of public funds to avert insolvency PAGE 4 HOCK LOCK SIEW SGX’s challenges extend beyond management revamps PAGE 6 GAMING Revisiting a classic PAGE 36 BANKING DBS revamps its branch network PAGE 4 eBooks’ gilt edge EXEC LIFESTYLE I PAGE 38 GENEVE Creator of dreams167 words
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Advertisement20 2012-03-30 1 *****1 *****4 BTInvest.com.sg Read more about the diverging trends in retail prices and rents along Orchard/Scotts Road in BTInvest.com.sg today20 words
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TOP STORIES
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1151 2012-03-30 2 KALPANA RASHIWALA - Jury out on whether softening secondary market prices are spreading to new launches By KALPANA RASHIWALA [SINGAPORE] MCL Land yesterday drew crowds at its Ripple Bay condo showflat in Pasir Ris, selling 270 units in the 679-unit project by about 8pm. The developer1,151 words
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Article, Illustration358 2012-03-30 2 EMILYN YAP - By EMILYN YAP [SINGAPORE] Temasek Holdings is appointing Lee Theng Kiat, president and CEO of Singapore Technologies Telemedia (ST Telemedia), as its president and general counsel with effect from April 1. Temasek did not have the role of general counsel in the past.358 words
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424 2012-03-30 2 VEN SREENIVASAN - President’s election to be followed by polls for exco By VEN SREENIVASAN [SINGAPORE] Members of the Airline Pilots Association of Singapore (Alpa-S) are going to the polls to elect their president, with 36-year veteran and former president Mok Hin Choon and incumbent424 words
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Article467 2012-03-30 2 Pitfalls remain as Myanmar steps into the sun AS reform fever grips Myanmar, the whole world wants a piece of it. But entrepreneurs in search of opportunities would do well to remember that some gold rushes end in tears, if one is not careful. The government seems determined467 words
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552 2012-03-30 4 SIOW LI SEN - Bid to connect with customers sees increase in sales at bank’s branches By SIOW LI SEN [SINGAPORE] DBS is revitalising its branch network sort of going back to the future in a bid to connect with customers so it can552 words
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Article, Illustration657 2012-03-30 4 ANTHONY ROWLEY - By in ANTHONY ROWLEY in Tokyo THE owner of crippled Fukushima Daiichi nuclear power complex Tokyo Electric Power Company (Tepco) yesterday requested a one trillion yen (S$15.3 billion) injection in public funds to avoid insolvency. Japan’s biggest power utility isAP - 657 words
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340 2012-03-30 4 KELLY TAY - By KELLY TAY [SINGAPORE] The National Wages Council (NWC) is convening over the next two months to deliberate on wage and wage-related guidelines for 2012/2013, and it will be doing so at a time when businesses are preparing for labour costs to rise340 words
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433 2012-03-30 4 FELDA CHAY - Country hopes to draw foreign funds into agriculture By FELDA CHAY [SINGAPORE] A key official from Myanmar’s Ministry of National Planning Economic Development said that he expects foreign investments (FDI) into the country to at least double in its coming financial year once economic433 words
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Advertisement80 2012-03-30 2 SsP NANYANG J if I TECHNOLOGICAL UNIVERSITY HOSTED BY: INSTITUTE ON Asian Consumer Insight Grow your Business with Asian Consumers We are a world-class, first-of-its-kind institute focused on Asian consumers. Based in Singapore, we are hosted by Nanyang Technological University. ACI helps companies grow their business in Asia by developing80 words
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Advertisement19 2012-03-30 2 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements WATS NOTICES CLA/FEB1 1/g19 words
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Advertisement130 2012-03-30 3 i' m 1 I m f Im Sharper. Bolder The new Audi A5. FASHION! FESTIVAIi SINGAPORE When it comes to making a bold impression, nothing cuts sharper. Sweeping Lines. Precision styling. Striking LED daytime running lights. An electrically assisted steering system for unsurpassed agility. A 3.0 TFSI® V6 engine with130 words
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Advertisement227 2012-03-30 4 KATsS notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Singapore m m workforce WD/\ agTncT"' CALL FOR PROPOSAL (CFP) The Singapore Workforce Development Agency (WDA) invites prospective providers to submit proposal for: CFP No.: WDA.MCD.14.120.1 .C.V1 Project Title: Appointment of GET Centres and Programme Partners for the Generic Manufacturing Skills Workforce227 words
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Advertisement212 2012-03-30 4 Singapore m a workforce WUA Sn=y pm0n CALL FOR PROPOSAL (CFP) The Singapore Workforce Development Agency (WDA) invites prospective providers to submit proposal for: CFP No.: WDA.MCD.14.94.4.C.V1 Project Title: Appointment of GET Centres and Programme Partners for the Process Workforce Skills Qualifications (Chemicals) Framework CFP Publication Date: Friday, 30 March212 words
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Advertisement213 2012-03-30 4 Singapore m a workforce WUA SncT™"' CALL FOR PROPOSAL (CFP) The Singapore Workforce Development Agency (WDA) invites prospective providers to submit proposal for: CFP No.: WDA.MCD.14.94.5.C.V1 Project Title: Appointment of GET Centres and Programme Partners for the Process Workforce Skills Qualifications (Engineering Services) Framework CFP Publication Date: Friday, 30 March213 words
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Advertisement61 2012-03-30 4 SINGAPORE’S PREMIER HOME-GROWN CAR MAGAZINE WHY DUTY-FREE PUMP DIESEL IS UNFAIR TO TAXPAYERS IKHIOUHttloriwW^ANXIETY IN A SMART J SJXT3Q9J EXCLUSIVE! YING AR GT3 F WE HAVE A GO IN A MERCEDESSLS bike F GROUP PR^TNOW! BREAKFAST WITH TORQUE ON MAY 19 MINGLE WITH THE EDITORS, TEST DRIVE THE LATEST MAZDA61 words
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Advertisement103 2012-03-30 5 Best SME Bank We owe it all to you Best SME Banking International Excellence in Retail Financial Services Awards The Asian Banker-2012 Best ASEAN SME Bank Asian Bankingand Finance-2011 Best SME Bank in Singapore Global Banking Finance Review- 2012 Alpha Southeast Asia 2010, 2011 Best SME Bank for Working Capital103 words
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COMPANY NEWS
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848 2012-03-30 6 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY WHEN a key member of senior management resigns as did Singapore Exchange co-president Gan Seow Ann this week, it is tempting to search for sensational reasons behind the move. For instance, there is a suggestion that Mr Gan’s848 words
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429 2012-03-30 6 LYNN KAN - By LYNN KAN RIGBUILDER Keppel Corporation is “comfortable” with its Singapore yard capacity even after a blistering 2011 when rig order wins ballooned to a record US$10 billion. Keppel Corp CEO Choo Chiau Beng said in the group’s latest annual report: “We429 words
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Article, Illustration324 2012-03-30 6 LYNN KAN - By LYNN KAN AS Keppel Corporation’s chief executive officer Choo Chiau Beng takes home a remuneration package of between $11.6 million and $11.85 million in 2011, the 64-year-old is also likely to earn the title of best compensated CEO of a SingaporeFILE PHOTO - 324 words
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Article, Illustration400 2012-03-30 6 CONRAD TAN - By CONRAD TAN DBS Group paid its chief executive, Piyush Gupta, $8.08 million last year, up from $7.35 million in 2010, the bank said in its latest annual report. Those figures exclude the value of retention awards comprising shares worth about400 words
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438 2012-03-30 6 NISHA RAMCHANDANI - By NISHA RAMCHANDANI GROUP chief executive officer Kevin Wong of Keppel Land, a unit of Keppel Corp, earned some $3.56 million to $3.81 million in a package which includes cash remuneration as well as the value of shares awarded, according to Keppel Land’s438 words
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589 2012-03-30 6 LYNETTE KHOO - It bags shipbuilding deal worth US$60m, its first since listing By LYNETTE KHOO AVIC International Investments (Avic Singapore), which clinched its first shipbuilding contract worth US$60 million since listing, is embarking on several measures this year to accelerate its growth.589 words
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525 2012-03-30 8 KENNETH LIM - Market conditions, lowered minimum bid sizes cited for the decline By KENNETH LIM THE depth of the Singapore securities markets fell sharply in the second half of 2011 on a combination of market and regulatory circumstances, according to a market quality indicators report by525 words
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474 2012-03-30 8 LYNN KAN - By LYNN KAN INVESTORS who whet their appetite with Cordlife Group, the Singapore Exchange’s first IPO this year, won’t have regretted their choice. Singapore’s top private cord blood bank sprung to life in its debut trading session yesterday, rising more474 words
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Article163 2012-03-30 8 Reuters [SINGAPORE] Singapore civil engineering firm Swee Hong Engineering Construction is planning an initial public offering to raise about $20 million, a source familiar with the plan said. The source declined to be identified. Swee Hong is involved in several projects including the upcomingReuters - 163 words
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COMPANY BRIEFS
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103 2012-03-30 8 Reuters NEPTUNE Orient Lines (NOL), the world’s seventh largest container shipping firm, is planning to sell Singapore dollar-denominated perpetual securities that will pay an annual coupon of close to 6 per cent, IFR reported yesterday. It said price guidance has beenReuters - 103 words
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59 2012-03-30 8 Reuters FRASER and Neave Ltd (F&N) yesterday said its subsidiary, Hong Kong-listed Frasers Property (China) Ltd, will be privatised. Frasers Property (China) will be jointly taken private by FCL (China) Pte Ltd, an indirect wholly-owned subsidiary of F&N, and Riverbook Group Ltd, wholly ownedReuters - 59 words
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53 2012-03-30 8 NERA Telecommunications and its subsidiaries Nera Networks (S) and Nera Telecommunications AS have received orders amounting to about $30.9 million. The amount comprises $23.3 million order for the supply, delivery, installation and engineering services of microwave radio equipment and $7.6 million for the supply53 words
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Article101 2012-03-30 8 UNITED Envirotech Ltd (UEL) has signed a sales and purchase agreement to acquire a water supply plant and a wastewater treatment plant in Changyi City, Shandong province, China. The Singapore-listed firm will set up a 70:30 joint venture with the existing shareholders of the101 words
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143 2012-03-30 8 CHINA EnerSave said its auditors, Mazars LLP, have included an emphasis of matter in the auditors’ report for the company’s financial statements as at Dec 31, 2011. “The opinion of the auditors remains unqualified,” said China EnerSave. The auditors noted that the group had net current143 words
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70 2012-03-30 8 SITRA Holdings (International) said a writ of summons has been issued against the legal representative of its wholly-owned subsidiary, Sitra Agencies Pte Ltd, in the Dubai Court, UAE. Faisal Mohamed Saif Salem Al Nayadi issued the writ against Chew Ah Ba, seeking payment of 0.4270 words
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53 2012-03-30 8 ASCENDAS Real Estate Investment Trust has completed the acquisition of Cintech Properties for a total of $185.5 million, its manager Ascendas Funds Management (S) Limited said yesterday. The purchase consideration was paid for fully in cash by way of internal resources and the drawing down of53 words
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287 2012-03-30 11 JASMINE NG - Proposal involves issue of up to 1.79b rights shares and up to 5.36b warrants By JASMINE NG ELEKTROMOTIVE group has proposed a rights issue to raise net proceeds of some $5.2 million. The issue comes with free warrants which, if fully exercised, will bring287 words
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341 2012-03-30 11 CARINE LEE - By CARINE LEE CATALIST-LISTED Kreuz Holdings yesterday unveiled a share placement proposal to raise $16.6 million through an offering of 50 million new shares in the capital of the company at 34 cents apiece. The offering price represents a 9.36 per cent341 words
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283 2012-03-30 11 LIM WEI SHENG - By LIM WEI SHENG NAM Cheong Limited, a Ma-laysia-based Offshore Support Vessel (OSV) shipbuilder, has secured contracts worth US$36.8 million through the sale of three 5,000 bhp Anchor Handling Towing Supply (AHTS) vessels. The Singaporean customers, including one based in Norway, are offshore support283 words
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452 2012-03-30 11 Bloomberg [WASHINGTON] A US House investigations subcommittee ended a third hearing into the collapse of MF Global Holdings Ltd. with the same problem they had four months ago: No answers from the woman said to have the most information about whatBloomberg - 452 words
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Advertisement123 2012-03-30 7 220 BHP 0-100 7.8s EURO^J^NCAP www.euroncap.com Bp* 1 t. *r INSIGNIA 2.0 TURBO HERE’S ONE FOR THE BIG BOYS. The 2.0L turbo-charged premium sedan from Germany that has the big boys watching. With over 40 design and innovation awards, the class leading Insignia 2.0L is certainly one of the best123 words
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Advertisement2857 2012-03-30 8 HotungGroup HOTUNG INVESTMENT HOLDINGS LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hotung Investment Holdings Limited (the “Company”) will be held at The Landis Taipei Hotel, Banquet Hall, B1, 41 Min Chuan East Road, Sec. 2, Taipei, Taiwan, R.O.C. on April 23,2,857 words
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Page 9 Advertisements
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Advertisement2177 2012-03-30 9 Sembcorp Marine Ltd Company Registration No. *****0098Z (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THATthe49thAnnualGeneralMeetingoftheCompanywillbeheldonFriday,April20,2012at11.00a.m.at29TanjongKling Road,Singapore*****4totransactthefollowingbusiness:ORDINARY BUSINESS Resolution1 1 To receive and adopt the Directors’ Report and Audited Accounts for the year ended December 31, 2011 and the Auditors’ Report thereon. Resolution22,177 words
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SINGAPORE MARKETS
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Article, Illustration585 2012-03-30 10 R SIVANITHY - Index loses 22 points in low volume with speculative energies focused on penny stocks STOCKS R SIVANITHY Senior Correspondent THE day before the end of the quarter and the Straits Times Index yesterday dropped 21.89 points to 2,994.09. It had however, on Tuesday, surgedSource: Bloomberg - 585 words
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Article65 2012-03-30 10 Mar 29 VALUE CLOSE BT OB/OS -42.00 -14.00 BT CADI -*****.00-100.00 BT 10-day MA -*****.00 -4.00 FTSE ST Mid Cap 690.62 -5.00 FTSE ST Small Cap 468.00 -1.37 FTSE ST All Share 724.85 -5.14 FTSE ST China Top 225.66 -1.52 FTSE ST China 252.11 -1.16 FTSE ST65 words
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Article186 2012-03-30 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 6 5 0 0 0 4 6 5 Manufacturing 31 58 40 6 8 5 37 66 45 Commerce 13 29 16 4 0 4 17 29 20 Tpt/Stor/Comms 8 19 10186 words
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Article, Illustration781 2012-03-30 10 CONRAD TAN - Compiled by CONRAD TAN Singapore Small Caps and Mid Caps DBS Group Research, March 29 Singapore small caps and mid caps have had a good run since hitting a low in December. Since the start of the year, the FTSE ST Small Cap Index and the FTSE STSource: Bloomberg - 781 words
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Article119 2012-03-30 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 16,682 16,682 53,018 53,018 Manufacturing 323,415 30,542 353,957 201,014 1,395 202,409 Commerce 89,965 2,730 92,695 108,389 166 108,555 Tpt/Stor/Comms 97,785 13,412 111,197 165,284 3,138 168,421 Finance 14,394 14,394 110,061 110,061 Construction 284,420 6,087 290,507 15,724119 words
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Article109 2012-03-30 10 Stock name Close Change CapMallsAsia 1.640 -0.040 CapitaLand 3.070 -0.080 CapitaMall 1.780 -0.050 CityDev 11.200 +0.080 ComfortDelGro 1.550 -0.030 DBS Grp 14.210 -0.120 F&N 6.890 -0.060 GLP 2.170 Genting SP 1.710 -0.020 Golden Agri 0.770 HK Land 5.670 +0.050 JMH 49.700 -0.300 JSH 30.200 -0.280 Jardine109 words
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Article, Illustration527 2012-03-30 10 CURRENCIES Reuters [LONDON] The euro fell against the US dollar and the yen yesterday as concerns about contagion from the eurozone debt crisis resurfaced, with investors wary on the common currency ahead of Spain’s budget today. Traders said that automatic stop-loss sellReuters; AP - 527 words
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Article57 2012-03-30 10 VOLUME HLH Grp 239,995,000 Cordlife 173,311,000 Kreuz 85,387,000 MDR 83,442,000 Golden Agri 68,127,000 UPP 54,237,000 Genting SP 40,140,000 Pac Andes R 37,346,000 Ntegrator 37,278,000 Noble Grp 26,227,000 VALUE($) Cordlife 114,232,595 Genting SP 68,876,966 SingTel 60,451,590 Golden Agri 52,300,745 DBS Grp 49,384,164 Wilmar 46,881,323 CapitaLand 38,398,160 Noble Grp57 words
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Article110 2012-03-30 10 BY CENTS CLOSE UP DBXT iBoxxUSTr 5US$ ***** 223.6 0.9 DBXT MSJAP 10US$ 3869 64.1 1.3 Asia Pac Brew 3500 40.0 1.2 DBXT SPASX200 10US$ 3394 32.7 0.8 DBXT S&P Short 10US$ 3685 21.4 0.5 CityDev.ES.1204 1126 16.0 1.4 DBXT MSMSIA 10US$ 1357 15.1 0.9 DBS Bk 4.7% NCPS110 words
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Article127 2012-03-30 10 BY CENTS CLOSE DOWN GLD 10US$ ***** -239.9 -1.2 DBXT E50 10US$ 3780 -64.1 -1.3 IS MS India 100US$ 552 -56.5 -7.5 DBXT STGLDv100 10US$ 2772 -45.2 -1.3 DBXT MSTaiwan 10US$ 1799 -44.0 -1.9 JMH 4970 -37.7 -0.6 DBXT FTVietnam 10US$ 2389 -36.4 -1.2 JSH 3020 -35.2 -0.9 Jardine127 words
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Page 11 Advertisements
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Advertisement478 2012-03-30 11 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices FORM 69 (3) NOTICE OF INTENDED DIVIDEND TO CREDITORS Name of Company STAMFLES REMOTE SITE SERVICES PTE. LTD. (In Liquidation) Company No *****3067G Address of registered office 336 Smith Street #06-308 New Bridge Centre Singapore *****6 Last day of receiving proofs 13th478 words
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Advertisement1397 2012-03-30 11 k V fZrtx .New Bespoke GCB 22,360 sq feet kSjW-’Ti Built Up:i16,000 sq feet JERRY LUM Snr Marketing Director, MBA, CBS cea licence no: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg ERA Estate Agent Licence No L*****82K When You Buy. Soil, or Rent Call 1800 289 8822 or e-mail1,397 words
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SINGAPORE NEWS
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Article, Illustration592 2012-03-30 12 MINDY TAN - Qingjian of China, which bagged nearby plot last year, is top bidder By MINDY TAN IN a sign that developers’ interest in executive condominiums (ECs) is still strong, a 99-year leasehold EC site at Punggol Central/Edgefield Plains yesterday received a top bid592 words
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454 2012-03-30 12 CONRAD TAN - E&Y warns of penalties, additional costs and even business disruption By CONRAD TAN GOVERNMENTS worldwide are increasingly focusing on indirect taxes as a means to boost revenue and to influence consumer behaviour, potentially raising compliance costs for businesses, according to Ernst Young454 words
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381 2012-03-30 12 SIOW LI SEN - By SIOW LI SEN CREDIT card spending growth is slowing as consumers rein in their buying amid more economic uncertainty. The average monthly spend per consumer rose 4.45 per cent last year to $4,807, moderating from 2010’s 5.14 per cent gain, said the Credit381 words
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312 2012-03-30 12 KELLY TAY - By KELLY TAY SINGAPORE may not be an agricultural country, but its niche know-how in urban farming has led it to clinch a coveted spot on the world stage. Just one year after it became a full-fledged member of the Royal Agricultural Society of312 words
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423 2012-03-30 12 MINDY TAN - By MINDY TAN EVEN though almost all public buildings in Singapore have achieved some level of basic accessibility, and nearly nine in 10 buildings along Orchard Road now provide some accessibility features, the government is not ruling out legislation to give423 words
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435 2012-03-30 12 JOSHUA TAN - By JOSHUA TAN BRANDING can help firms to engage prospective and current employees, not just its consumers. According to leading businessmen and consultants speaking at the Singapore Brand Conference 2012, more can be done to promote employer branding and internal branding. An435 words
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374 2012-03-30 12 VICTORIA HO - By VICTORIA HO SEMICON giant Qualcomm will expand its research and development (R&D) efforts in the country, and is searching for a new building site as well as the talent to fill it. It said yesterday that it plans to set374 words
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Advertisement603 2012-03-30 12 Longest Warranty! Lowest Prices! ■v^n PROSTAR WHEY CLAPURE PLATINUM SERIES (5LBS) (,8 S F TGELS) a $37.90 formula that aids in reducing body fat. REDUCTION (AM/PM) 25g Of protein, grams 6g of BCAA, up $bo 2g of carbs per serving. tOT on 80 servings per tub. T*" Controlled release fat603 words
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ROLE OF CFOs
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Article, Illustration1949 2012-03-30 13 LYNETTE KHOO - This responsibility is among others piled on CFOs in their ever-evolving role, LYNETTE KHOO reports KHOOreports LYNETTE KHOO INVESTOR relations (IR) has traditionally been a role outside the perimeter of responsibilities of the chief financial officer (CFO). But this appears to have changed, with1,949 words
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Advertisement14 2012-03-30 13 cimA Chartered Institute of Management Accountants has gone global. For more information, please visitwww.cgma.org14 words
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ECONOMY WATCH
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Article, Illustration395 2012-03-30 14 But further gains are unlikely as firms shun requests for higher pay Reuters [TOKYO] Japan’s retail sales climbed in February at the fastest pace in a year and a half as subsidies on cars and higher fuel prices push up sales, but furtherReuters; REUTERS - 395 words
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719 2012-03-30 14 MALMINDERJIT SINGH - Equity markets tipped to be as volatile as last year By MALMINDERJIT SINGH [SINGAPORE] If you think that the current relative calm in the eurozone and the equity markets are a positive indication of things to come, you may be in for719 words
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593 2012-03-30 14 Central bank may be forced to cut rates, spur spending Bloomberg [HO CHI MINH CITY] Vietnam’s economy expanded at the slowest pace since 2009 in the first quarter as bank lending declined and domestic demand weakened, adding to the case for further cutsBloomberg - 593 words
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Advertisement81 2012-03-30 14 COFFEE'S ON US ...WHEN YOU US ON FACEBOOK. STAND TO WIN 3 NEW IPADS TOO! TERMS CONDITIONS APPLY. STJOBS Voted No.1 Recruitment Site by No 1 Marketing Magazine (2011) |9 STJOBS ST IOBS.sg Wine, !>c V'Vi i j %lw Celebrate Easter For culinary enquiries or reservations, please call 6826 824081 words
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MALAYSIA/INDONESIA
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Article, Illustration533 2012-03-30 15 PAULINE NG - Existing buildings may be redeveloped to benefit from changes in land use By PAULINE NG in Kuala Lumpur IN A bid to add value to its Singapore assets, Sime Darby Property is considering converting or redeveloping its buildings to take advantage ofBLOOMBERG - 533 words
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269 2012-03-30 15 Bloomberg [JAKARTA] Indonesia may ask foreign investors that are majority owners of mining companies to sell shares to the government to comply with a law that lowers their ownership, an energy and mineral resources ministry official said yesterday. If theBloomberg - 269 words
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334 2012-03-30 15 Share sale of firm, taken private by the tycoon in 2010, likely by year-end Bloomberg [KUALA LUMPUR] Malaysian billionaire Ananda Krishnan is considering an initial public offering (IPO) of the country’s largest pay-television broadcaster, Astro All Asia Networks, according to a companyBloomberg - 334 words
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Advertisement435 2012-03-30 15 Attend Trading Workshops by Industry Experts Bert Antonik Dr. John Clayburg Equities, Forex, Technical Analysis Strategies, Platform Immersion and Personal Trading Plan Instructor Topic: Trading Breakouts vs. Market timing (7 April, Sat, 10.30am 12.00pm) Bonus: FREE Technical Analysis CD worth $49.95! Robert Fischer Chan Yan Chong 曾 President, Fischer Finance435 words
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GREATER CHINA
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596 2012-03-30 16 Measure could help cope with weaker capital inflow amid economic slowdown Reuters [BEIJING] China has bumped up the annual long-term foreign debt quota allocated to foreign banks to US$24 billion, allowing them to bring more money into the country asReuters - 596 words
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Article194 2012-03-30 16 Rebalancing economic roles of private and public sectors in the works, says Moody’s Reuters [BEIJING] Moody’s Investors Service said that China’s authorities have begun to prepare for a rebalancing of the economic roles of the public and private sectors, and which if successful would imply aReuters - 194 words
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Page 16 Advertisements
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Advertisement2010 2012-03-30 16 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ASIAMEDIC LIMITED ASIAMEDIC LIMITED (Company Registration No: *****1556E) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of AsiaMedic Limited (the “Company”) will be held at 350 Orchard Road, #08-00 Shaw2,010 words
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Advertisement1251 2012-03-30 16 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices UPP HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****0346M) NOTICE OF ANNUAL GENERAL MEETING NOtICe IS HeReBY GIVeN that the 45thAnnual General Meeting of UPP HOLDINGS LImIteD (the “Company”) will be held on Friday, 20 April 2012 at1,251 words
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CHINA/INDIA
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607 2012-03-30 17 Group also urges Western powers to cede more voting rights at IMF AP Reuters [NEW DELHI] The leaders of five of the world’s fast-ris-ing powers agreed yesterday to move toward creating a new development bank that would improve accessAP; Reuters - 607 words
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226 2012-03-30 17 AFP [HONG KONG] Hong Kong’s Hutchison Whampoa, controlled by Asia’s richest man Li Ka-shing, said yesterday its 2011 net profit leapt 178 per cent thanks to strong recurring revenue, earnings and cash-flow growth. The conglomerate spanning ports to telecoms and financial services said it bookedAFP - 226 words
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Advertisement2562 2012-03-30 17 notices Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices o China Aviation Oil (Singapore) Corporation Ltd Incorporated in the Republic of Singapore Company Registration No.*****3293Z NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 18th Annual General Meeting of the Company will be held at Suntec Singapore International Convention and2,562 words
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Advertisement2012 2012-03-30 18 Yangzijiang Shipbuilding (Holdings) Ltd. YANGZIJIANG SHIPBUILDING (HOLDINGS) LTD. (Company Registration No. *****7636Z) (Incorporated in the Republic of Singapore on 21 December 2005) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Annual General Meeting of the Company will be held at Meeting Rooms 301-302, Level 3, Suntec Singapore2,012 words
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Advertisement614 2012-03-30 18 WATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LCR DRAYTON PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****5111H) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of LCR Drayton Pte Ltd duly convened and held on the 22nd day of614 words
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Advertisement208 2012-03-30 18 In the matter of the Companies Act, Cap 50 AND IN THE MATTER OF Intergen (Singapore) Pte Ltd (In Members’ Voluntary Liquidation) (Registration No.: *****1042E) NOTICE OF FINAL MEETING Notice is hereby given that, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the members208 words
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Page 19 Advertisements
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Advertisement2805 2012-03-30 19 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SWING MEDIA TECHNOLOGY GROUP LIMITED (Incorporated in Bermuda) (Company Registration Number: *****) NOTICE OF SPECIAL GENERAL MEETING Unless otherwise defined, all capitalised terms herein shall bear the same meaning as used in the circular dated 30 March 2012 issued by Swing Media2,805 words
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WORLD
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Article, Illustration804 2012-03-30 20 Critics slam plan to apply 20% sales levy on takeaway items such as pasties AP [LONDON] The government’s intention to tax the humble Cornish pasty, a cheap pastry savoury snack much beloved by workers and students, has opened a new frontAP - 804 words
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557 2012-03-30 20 Reuters [MADRID] Spanish unions said a high turnout for a general strike to protest against government budget cuts and reforms yesterday had almost brought heavy industry to a halt while the government said the day was proceeding normally. Spaniards have been tolerantReuters - 557 words
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356 2012-03-30 21 LEE U-WEN - By LEE U-WEN [SINGAPORE] Finance ministers of 13 East Asian countries including Singapore are today expected to formally endorse a decision to double the size of their foreign currency reserve pool to US$240 billion. Called the Chiang Mai Initiative Multilateralisation (CMIM), this regional356 words
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427 2012-03-30 21 Slow growth in company profits poses risk hiring, investment will cool LATEST US DATA Bloomberg [WASHINGTON] The economy in the United States grew at a 3 per cent annual rate in the last three months of 2011, the same as previously estimated,Bloomberg - 427 words
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Article, Illustration544 2012-03-30 21 Bloomberg [BRUSSELS] The European plan to increase temporarily the bail-out-aid ceiling above US$1 trillion marks a compromise that gives German officials political cover at home and aims to attract more outside help, euro-area officials say. While European finance ministers are nearing anBloomberg; REUTERS - 544 words
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Article, Illustration915 2012-03-30 22 But bankers expect pace to pick up on renewed confidence in US and Europe Bloomberg [NEW YORK] Global dealmaking slumped for a third straight quarter as chief executive officers funnelled cash into share buybacks and new products, a trend that may reverseBloomberg; BLOOMBERG - 915 words
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492 2012-03-30 22 Firm banned due to concerns about cyber attacks: report AP [CANBERRA] Australia has not harmed its relationship with Beijing by banning Chinese technology giant Huawei from helping to build a nationwide high-speed Internet network due to concern about cyber attacks traced toAP - 492 words
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Page 20 Advertisements
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Advertisement1567 2012-03-30 20 >®£ WATS NOTICES 0 Du Teen DUTECH HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****6359C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Dutech Holdings Limited (“the Company”) will be held at Meeting Room 320, Level 3, Suntec Singapore1,567 words
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Advertisement1490 2012-03-30 20 m WATS NOTICES HERSING CORPORATION LTD Company Registration No. *****6986E (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of HERSING CORPORATION LTD (“the Company”) will be held at Hersing Hub, 743 Lorong 5 Toa Payoh, Singapore *****7 on1,490 words
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Page 21 Advertisements
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Advertisement228 2012-03-30 21 Beyond Colourful Eggs and Bouncing Rabbits 6 to 8 April Fairmont Singapore will breathe new life to Easter celebrations with its gourmet offerings. Be spoilt for choice as you take your pick from authentic Italian fare at Prego, refined Szechuan and Cantonese cuisine at Szechuan Court, International favourites at the228 words
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Advertisement46 2012-03-30 21 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY Docking at Singapore What makes so many Indian shipping companies drop v anchor here? h Dance and win tickets a. to the Taj Express Z world premiere M GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST46 words
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Page 22 Advertisements
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Advertisement848 2012-03-30 22 OPTIMISE YOUR PERFORMANCE DURING TOUGH TIMES Who should attend: VPs, Heads, Directors and Managers (Sales and Marketing, Brand and Product), Marketing Support Professionals, PMEBs, and other general management professionals Register at www.stjobs.sg/seminars ST DBS No.l No.1 Recruitment site in Singapore FULL-DAY SEMINAR FULL-DAY WORKSHOPS Be a Sales Marketing Champion! Thursday,848 words
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Page 23 Advertisements
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Advertisement1930 2012-03-30 23 MEGACHEM LIMITED (Company Registration No. *****3293M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 132 Pioneer Road, Singapore *****8 on Tuesday 17 April 2012 at 10.00 a.m. to transact the following1,930 words
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Advertisement2731 2012-03-30 23 KREUZ HOLDINGS LIMITED (Incorporated in the Republic in Singapore) (Company Registration No. *****3628R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of Kreuz Holdings Limited (the “Company”) will be held at 12 International Business Park, Swiber@IBP #03-02, Singapore *****0, on Monday, 16 April2,731 words
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AVIATION
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Article, Illustration423 2012-03-30 24 Mahindra, Taneja roped in as govt seeks partners to develop industry Bloomberg [NEW DELHI] Mahindra Mahindra and Taneja Aerospace Aviation are in separate talks with India as the country seeks a partner for a planned regional jet that will spearhead its drive to developBloomberg; BLOOMBERG - 423 words
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270 2012-03-30 24 Reuters [BRUSSELS] Thirteen logistics firms, including UPS, Panalpina and Expeditors, were fined a total 169 million euros (S$283 million) by the European Commission on Wednesday for cartel activities. Deutsche Post unit DHL Global Forwarding, which took part in the collusion but alertedReuters - 270 words
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449 2012-03-30 24 Reuters [NEW YORK] Hawker Beechcraft Inc, the aircraft manufacturer owned by Goldman Sachs Group Inc’s private equity arm and Onex Corp, is preparing to file for bankruptcy protection in the next several weeks, according to several people familiar with the matter. Hawker, which wasReuters - 449 words
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Page 24 Advertisements
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Advertisement107 2012-03-30 24 I f m m m gSf V.i x ipSli I I f work m for you N OVm^ 1 BT NV .COM.SG Always wanted to make your money work harder but not sure where to start? With www.btinvest.com.sg, you can now learn how to grow your wealth through stocks, bonds107 words
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SHIPPING
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414 2012-03-30 25 Steel demand faces seasonal recovery as construction activities resume Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, rose on Wednesday as the capesize index turned positive after 20 straight sessions. The main index, which gaugesReuters - 414 words
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Article256 2012-03-30 25 SGX '000 Mar 29 S$ +/-Vol CH Offshore 0.39 -0.01 836 Chuan Hup Hldg 0.23 0.01 565 Cosco Corp 1.16 -0.01 5991 s$ Ezra Hldgs 1.16 -0.02 ***** First Ship Lea 0.21 unch 330 Freight Links 0.06 unch 122 Grand Banks unch unch 0 Jaya Hold Ltd 0.56256 words
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Article, Illustration373 2012-03-30 25 Bloomberg [DUBAI] DP World, the world’s third-biggest port operator, posted an 82 per cent increase in full-year profit, helped by gains from the part-sale of its terminals in Australia and as container volumes rose. Net income climbed to US$683 million from US$375 million aBloomberg; BLOOMBERG - 373 words
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213 2012-03-30 25 Fewer newbuildings will ease supply and rates will pick up Reuters [BANGALORE] THE US tanker market looks set for better times as fewer new builds ease excess supply and rates pick up, Dahlman Rose said, Dahlman also upgraded key players such as FrontlineReuters - 213 words
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Page 25 Advertisements
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Advertisement405 2012-03-30 25 SOUTH EAST ASIA AND SOUTH ASIA AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE RATE RESTORATION EFFECTIVE I MAY 2012 FROM SOUTH EAST ASIA AND SOUTH ASIA TO AUSTRALIA The following participating Member Lines of the Agreement wish to advise that a Rate Restoration (RR) of USD 500.00 per TEU will405 words
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EDITORIAL & OPINION
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476 2012-03-30 26 EDITORIAL AS gatherings of world leaders go, the 2012 Nuclear Security Summit in Seoul this week did deliver some practical outcomes by way of commitments and measures to reduce the risk of fissile material landing in the hands of terrorist groups a far more476 words
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Article, Illustration842 2012-03-30 26 LEON HADAR - THE BOTTOM LINE LEON HADAR Washington Correspondent AMERICAN comedian Bill Maher describes the presumptive Republican presidential candidate Mitt Romney as “the most boring man in the world”. Romney is so boring, he quips, that “the paint on the wall looks at842 words
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Article, Illustration1110 2012-03-30 26 PETER COLEMAN - A major fraud or corruption can be devastating to the reputation of an organisation By PETER COLEMAN The writer is head of forensic services at Deloitte Singapore and Southeast Asia EVEN in Singapore, the effects of the continuing economicSTOCK.XCHNG - 1,110 words
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Article, Illustration1315 2012-03-30 27 MAK YUEN TEEN - How independent are independent directors and should the exchange drop its regulatory role? By MAK YUEN TEEN The writer is associate professor at the NUS Business School, where he teaches corporate governance and ethics THE determination of independence of independent directors has come under theSTOCK.XCHNG - 1,315 words
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Article, Illustration852 2012-03-30 27 ROBERT SAMUELSON - ROBERT SAMUELSON The Washington Post Writers Group AS the US Supreme Court hears arguments on the constitutionality of the Affordable Care Act (ACA) Obamacare, as many call it the justices will probably share at least one assumption: That their decision will have aThe Washington Post Writers Group; AFP - 852 words
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LETTERS TO THE EDITOR
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265 2012-03-30 27 I REFER to the letter “Wrong message from SGX on conflict of interest” (BT, March 29). The writer asks whether it makes much of a difference when an independent director is redesignated as a non-inde-pendent one. As a matter of public interest,265 words
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180 2012-03-30 27 TO add to Professor Mak Yuen Teen’s comments about the China Sky/SGX situation (“SGX must apply rules not only in letter but in spirit” (BT, March 23), I find the state of corporate governance at SGX of great concern. How can SGX be180 words
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SINGAPORE STOCKS
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Article2749 2012-03-30 28 Transaction date: Mar 29 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 113 92.5 AIMSAMPIReit 113 +1.5 67 113 111 112 113 1.8 11.42,749 words
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Article186 2012-03-30 29 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 f0.4186 words
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Article7308 2012-03-30 29 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 1.03/ Aberdeen Asset Mgt Asia Limited Asian Local Ccy SD Bond ....0.9987/ EM Local Ccy7,308 words
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Article205 2012-03-30 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 53.5 32 AVJennings A34 +0.5 33 34 34 33 34 3.6 10.3 2.7 88.5 46 25.5 Genting HK US$ US39.5 -1 7264 40 39 39 39.5 2600.9205 words
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Article928 2012-03-30 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 109.5 ABF SG Bond ETF 118 20 118 118 116.6 118 538.6 103 100 CIMB APAC Div 100US$ US101.6 100.1 101.1 10.7 1261 856 CIMBAsean40928 words
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FINANCE & COMMODITIES
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Article595 2012-03-30 30 Mar 29 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.78 *****.04 *****.77 Jun12 *****.00 *****.00 *****.00 *****.00 ***** *****3 Sep12 *****.00 *****.00 *****.00 *****.00 3 2537 MSCI TAIWAN INDEX FUTURES SPOT 285.54 285.54 279.22 Mar12 286.30 287.40 279.50 281.29 *****0 ***** Apr12 286.30 287.40595 words
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373 2012-03-30 30 In local curr In S$ In US$ dy yr dy yr dy yr Mar 28 Index Change Change Change Change Change Change World Preliminary 918.9 -0.7 10.7 -0.7 7.6 -0.8 10.9 EAFE Preliminary 751.5 -0.7 10.2 -0.9 7.0 -1.0 10.3 Europe Preliminary 1102.8 -0.9 7.4373 words
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Article, Illustration99 2012-03-30 30 As on 28 March 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT JUN2012 1686.90 1658.90 1660.30 327 CURRENCY AUD-USD FUT JUN2012 1.0316 1.0290 1.0273 6 EUR-USD FUT JUN2012 1.3379 1.3283 1.3309 7257 BASE METAL COPPER FUT MAY2012 8505 8370 8359 305099 words
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Article107 2012-03-30 30 Mar 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 12 1367.50 1369.75 1379.00 1364.00 Jul 12 1373.00 1376.25 1385.25 1369.50 Aug 12 1364.00 1367.50 1375.75 1361.25 Sep 12 1340.50 1346.00 1352.75 1340.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 12 54.60107 words
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Article76 2012-03-30 30 CRUDE OIL PRODUCTS Mar 28 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 124.36 -0.85 WTI (Near Mth) 105.42 -1.80 Dubai (1-Mth F) 121.26 -1.38 Tapis blend 131.53 -1.24 Minas 131.53 -1.24 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 117.28 -1.39 Jet Kerosene 136.69 -0.75 US$/barrel OpecOil Basket76 words
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Article22 2012-03-30 30 Mar 29 S$ Bid Offer 1-month 1.2560 1.2570 2-months 1.2559 1.2569 3-months 1.2556 1.2566 6-months 1.2545 1.2557 Source: OCBC22 words
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Article66 2012-03-30 30 Mar 28 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2127.25 2155.00 3 months 2169.00 2196.00 Copper, Grade A(US$/tonne) Cash 8369.00 8563.50 3 months 8349.00 8535.00 Lead(US$/tonne) Cash 1986.75 1982.00 3 months 1989.00 1986.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.0066 words
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Article80 2012-03-30 30 Mar 28 COCOA (£/tonne) Close Prev High/Low May 12 1513 1526 1546/1504 Jul 12 1523 1538 1555/1516 Sep 12 1524 1540 1552/1517 Dec 12 1524 1542 1552/1519 COFFEE(US$/tonne) Close Prev High/Low Mar 12 2048 2049 2052/2039 May 12 2058 2059 2064/2041 Jul 12 2049 2051 2053/2033 Sep 12 206080 words
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1278 2012-03-30 30 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 1 150 280 20.00 26 Baker Technology Ltd W*****6 3 1 32 15 10.17 8 Best World Intl Ltd W*****5 2 1 30 75 9.15 16 Biosensors1,278 words
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Article470 2012-03-30 30 Mar 29 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.037 6.549 0.779 8.061 53.070 95.354 0.855 11.794 3.182 1.269 94.020 44.620 1.304 7.971 0.939 30.685 32.037 0.652 1.038 Canada 0.965 6.318470 words
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Article54 2012-03-30 30 Mar 29 (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$) 0.***** 3 mths 0.***** 6 mths 0.***** SWAP Mid rates (S$) 9 mths 0.***** 12 mths 0.*****54 words
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Article155 2012-03-30 30 Mar 29 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3037 1.3051 1.0380 1.0383 Canadian dollar 1.2576 1.2591 1.0013 1.0017 Euro 1.6746 1.6762 1.3333 1.3335 NZ dollar 1.0269 1.0284 0.8176 0.8181 Sterling pound 1.9993 2.0013 1.5918155 words
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Article138 2012-03-30 30 Mar 29 GOLD(US$/oz) Mar 29 Mar 28 Hong Kong 1670.00 1687.30 Mar 28 Mar 28 Mar 27 London 1672.69 1683.00 1673.91 1683.75 Source: Thomson Reuters CAST BAR Mar 29 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 162 67 5gm 460 337 10gm138 words
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Article91 2012-03-30 30 Mar 29 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 28-Jun-12 0.31 0.23 0.23 1-Year BY*****W 01-Nov-12 0.31 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 100.13 100.15 100.1 5-Year N*****0Z 2.375 01-Apr-17 108.5591 words
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Article57 2012-03-30 30 Mar 29 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 12 3475.0 3500.0 3500.0 3465.0 214 6182 May 12 3466.0 3482.0 3483.0 3451.0 1971 ***** Jun 12 3460.0 3473.0 3477.0 3445.0 ***** ***** Jul 12 3446.0 3460.057 words
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Article121 2012-03-30 30 As at 9am Mar 29 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.336 1.273 Can dollar 1.283 1.234 Euro 1.707 1.642 Sterling pound 2.037 1.959 NZ dollar 1.059 1.009 US dollar 1.277 1.228 Local dollars to 100 units of foreign121 words
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Article154 2012-03-30 30 Mar 29 $S Offer Bid 0vernight 0.02 par 1-month 5/16 3/16 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.50 0.30 3 months 0.60 0.40 6 months 0.90 0.70 9 months 1.05 0.85 12154 words
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3697 2012-03-30 31 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 STXPO TBN3,697 words
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Page 31 Advertisements
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Advertisement47 2012-03-30 31 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE _1He Business Times Shipping Times I FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? The Business Times Shipping Times47 words
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Page 32 Advertisements
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Advertisement181 2012-03-30 32 Shipping lines seeking reliable logistics partners Can they find your services here in the Shipping Times? urgently needed by shippers Can they find your services Here in the Shipping Times? The Business times ADVERTISE, CALI IOE WONG 9620 1 Announce Your Corporate Developments W Come publicise your Corporate Developments, Corporate181 words
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Page 33 Miscellaneous
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Miscellaneous336 2012-03-30 33 CRYPTIC CROSSWORD Across 1 Redeeming feature of a loan, perhaps (4,6) 9 Information given by grass, say? (4) 10 Mysterious form of harvest rotation? (4,6) 11 Novelist has an American number (6) 12 A match for the devil (7) 15 Aspired to become a literary giant (7) 16 Consequently we336 words
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Page 35 Advertisements
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Advertisement184 2012-03-30 35 S E N T O S A SINGAPORE A MILLION MOMENTS. ONE WORLD. GLOBAL GOURMET KITCHEN PRESENTS Culinary maestro AM LEONG Exclusively from 6-15 April 2012 Expect the best of international cuisine as Global Gourmet Kitchen brings you an exclusive showcase from renowned chefs around the world. Starting off the184 words
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executive lifestyle
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Article, Illustration590 2012-03-30 38 Jaime Ee - OFF THE CUFF Jaime Ee HELLO. It is I, your friendly neighbourhood income tax inspector. Don’t worry, I’m not out to get you. But I must say that all this talk about roast meat hawkers selling their recipes and businesses for $3.5 million is making me hungry590 words
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PURSUITS
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Article, Illustration684 2012-03-30 33 CHRISTOPHER LIM - CD REVIEW By CHRISTOPHER LIM WHEN you listen to a composer’s work on a single album, it’s hard to gauge how the music has evolved in the course of its composition and live performances. A case in point is Return to Wonderland (right, and below) by acclaimedPHOTOS: TZE N LOOKING GLASS - 684 words
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Article, Illustration1157 2012-03-30 33 N K YONG - Champagne and Burgundy rank at the top for a light, sweet vinous outing, writes N K YONG writesN N K YONG TO OPEN the proceedings, a champagne. And not any old familiar war-horse such as a Dom or Krug, but a rare gem, acknowledged by1,157 words
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AroundTown
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Article114 2012-03-30 33 >Spiral Staircases And Round Windows: Inspired by the sculpture Monument to the Third International a 400m monument made by a Russian named Vladimir Tatlin to mark the Soviet Revolution Anthony Chua Say Hua conceived his 12th solo exhibition, Spiral Staircases And Round Windows. The 2001 Young Artist Award winner’s114 words
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Article, Illustration146 2012-03-30 33 In The Mood For Cheongsam: Modernity and Singapore Women: The cheongsam is an iconic piece of clothing, representative of the Asian woman. But many may not know how it came from China to Singapore in the 1920s, and how it has evolved over the years. This exhibition at thePHOTOS: NATIONAL MUSEUM OF SINGAPORE - 146 words
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Article, Illustration172 2012-03-30 33 The Cranberries: After last year’s sold out concert, The Cranberries return to delight fans with another round of their greatest hits, plus songs from their latest album, Roses. Expect to hear hits like Zombie, Linger and Salvation from the Irish alternative rock band alongside new songs from LP, their172 words
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Article106 2012-03-30 33 >Timbre Rock Roots: Catch Singapore’s own Goodfellas step off Timbre’s stages for two nights to perform at the annual Timbre Rock Roots festival 2012, to be held at the Marina Promenade today and tomorrow. The local band will be playing alongside a stellar international line-up which includes Earth, Wind106 words
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Article146 2012-03-30 33 Dance Uncensored: Dancers from across the six National University of Singapore Halls of Residences come together for a two-night performance at the University Cultural Centre Theatre. Expect an evening of dance, lights and colourful costumes as 80 footloose students show there’s more to studying at university. Dance Uncensored is146 words
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Article, Illustration169 2012-03-30 33 RACHEL LOL - Compiled by RACHEL LOL The Song of the Brokenhearted Tiger is on at the Esplanade Theatre Studio at 8pm from April 4 to 7, with an additional 3pm show on April 7. Tickets cost $25. Call 6348-5555 or log on to www.sistic.com.sg to purchase tickets Coco Avant Chanel: The169 words
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ARTS
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Article, Illustration520 2012-03-30 34 INGRID HANSON - By INGRID HANSON SWEDISH blueberries and Thai migrant workers. Sicilian tomato-growing factories and Tunisian immigrants. These odd pairings echo social issues that are explored in a three-part collage from the Kitakyushu Biennial being shown in Singapore for the first time. The presentation may be somewhatPHOTOS: THE PRIVATE MUSEUM - 520 words
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Article, Illustration1238 2012-03-30 34 GEOFFREY EU - The Arab (Cultural) Spring kicks into high gear as Art Dubai fires its sixth salvo, reports GEOFFREY EU reportsGEOFFREY GEOFFREY EU A SANDSTORM swept through the United Arab Emirates (UAE) early last week, creating a monochromatic haze in the skies above Dubai and covering thePHOTOS: GEOFFREY EU - 1,238 words
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Article, Illustration857 2012-03-30 34 CHEAH UI-HOON - By CHEAH UI-HOON WHEN Ivan Heng decided that his Wild Rice Theatre would produce its first Shakespearean play, he picked one that most professional theatre companies would avoid the crowd-pleas-ing Romeo and Juliet. Maybe it’s too obvious a choice for theatre groups trying toPHOTOS: WILD RICE THEATRE - 857 words
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Article, Illustration944 2012-03-30 35 writesCHEAH UI-HOON - Charged with renewed energy and hope for their country, 15 Malaysian artists re-envision the future, writes CHEAH UI-HOON writesCHEAH writesCHEAH UI-HOON I N 1991, Malaysia was galvanised by the Wawasan (Vision) 2020 manifesto laid out by then prime minister Mahathir Mohamad. The target to achieve developed nation944 words
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Article, Illustration608 2012-03-30 35 ANNA LEE - By ANNA LEE THE traditional form of batik painting may not appeal to today’s cosmopolitan tastes, but rather than being relegated to obscurity, artists like Sujak Rahman have never been more on-trend. Breaking boundaries of tradition, the 63-year-old batik artist has elevated the art form, using modern artSUJAK RAHMAN - 608 words
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ENTERTAINMENT
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Article, Illustration460 2012-03-30 36 DYLAN TAN - Wrath of the Titans has all the CGI and A-List swagger but none of the stuff that really matters a good script, reviewsDYLAN TAN reviewsDYLAN DYLAN TAN I F ONLY the Greeks knew how lucrative their mythology could be and found a way to copyright it,PHOTOS: WARNER BROS PICTURES, LEGENDARY PICTURES - 460 words
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GAMING & BOOK REVIEWS
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Article, Illustration407 2012-03-30 36 CHRISTOPHER LIM - By CHRISTOPHER LIM WITH Halo 4 due to be released late this year, it’s the perfect time to revisit Halo: Combat Evolved, the game that started the most successful sci-fi shooter franchise of all time. Nostalgia isn’t the only reason to play the first Halo title. It’s407 words
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Article, Illustration379 2012-03-30 36 CHRISTOPHER LIM - By CHRISTOPHER LIM YOU need a strong story to make it stretch across several novels, written by different authors to boot so the success of the Halo franchise will surprise those who can’t understand how much one can write about space marines and alien379 words
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Article, Illustration363 2012-03-30 36 CHRISTOPHER LIM - By CHRISTOPHER LIM AS FAR as game spin-off novels written by celebrity authors go, sci-fi veteran Greg Bear’s first volume in his Forerunner Trilogy, Halo: Cryptum is un- derwhelming in its plodding pace and lack of plot revelations. Thankfully, Halo: Primordium is much better. The363 words
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Article, Illustration440 2012-03-30 36 CHRISTOPHER LIM - BLU-RAY REVIEW By CHRISTOPHER LIM 1980s movies are an easy sell the era’s great to make fun of but they are also tough to get right precisely because there are so many of them around. Take Me Home Tonight never made it toRELATIVITY JACKSON, LLC AND INTERNATIONALE FILMPRODUKTION BLACKBIRD DRITTE - 440 words
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COVER STORY/CINEMA
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Article, Illustration806 2012-03-30 37 DYLAN TAN - CINEMA By DYLAN TAN HOLLYWOOD leading men Robert Pattinson and Sean Penn earn themselves some acting cred by starring in two low-key indie films made by directors who are also working outside their comfort zones. In Bel Ami, the star of Twilight goes from thePHOTOS: ENCORE FILMS, OPULENCE STUDIOS - 806 words
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Article, Illustration615 2012-03-30 37 DYLAN TAN - By DYLAN TAN IN Zhang Yimou’s The Flowers of War and Kim Han-min’s War of Arrows, both Asian filmmakers set their latest works against the backdrop of their respective country’s historic battles. Each film is a blockbuster in its own right with a heavy emphasis615 words
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Article, Illustration2127 2012-03-30 38 CHRISTOPHER LIM - Digital books are paving the way for a brave, new world of learning and infotainment as more electronic publishers mine the interactive power of apps and online tools, reports CHRISTOPHER LIM reports CHRISTOPHER LIM I N the face of big name bookstore closures like Borders, and all2,127 words
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Advertisement1063 2012-03-30 38 PREMIER TOURS FOR THE DISCERNING EXPLORER BECAUSE YOU HAVE EARNED THE RIGHT Delivering fond vacation memories time and again for almost 50 years is what makes us experts at what we do. At Chan Brothers Travel, we know what makes our travellers tick. That is why, we have drawn up1,063 words
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Advertisement10 2012-03-30 38 ARTS Arab (Cultural) Spring at Dubai Art shows PAGE 3410 words
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