The Business Times, 24 April 2012
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2012-04-24
1
32
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section25 2012-04-24 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Tuesday, April 24, 201225 words
-
Article, Illustration1099 2012-04-24 1 CAI HAOXIANG - It’s getting harder to attract blue-collar workers whose home economies are booming By CAI HAOXIANG [SINGAPORE] Even without the policy moves to curb inflows, the supply of blue-col-lar foreign workers in Singapore could be drying up. Low wages, the high cost of livingFILE PHOTO - 1,099 words
-
MARKETS DIGEST
-
Article109 2012-04-24 1 HST INDEX 2,962.35 (-32.13) HST INDEX FUTURES 2,949 (-30) HSIMSCI 340.42 (-4.13) HSIMSCI FUTURES 338.20 (-3.60) us$ s$ US$ (S$ per US$) 1.249 (US$/S$ per 1.608 2.009 EURO (US$/S$/E) 1.314 1.642 Foreign currency per US$ S$ YEN 81.00 64.80 RM 3.066 2.454 HK$ 7.761 6.212 BAHT 30.97 24.78 RUPIAH109 words
-
Article19 2012-04-24 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.508 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg Source: Bloomberg19 words
-
-
Article, Illustration679 2012-04-24 1 EMILYN YAP - Headline inflation hits 5.2%, tougher stance a possibility By EMILYN YAP [SINGAPORE] Barely two weeks have passed since the central bank tightened monetary policy in Singapore, and already market watchers are flagging the possibility of a tougher stance ahead. The trigger? ASource: Department of Statistics - 679 words
-
Page 1 Advertisements
-
Advertisement235 2012-04-24 1 SME Inc Making mark in skylights PAGE 11 COMPANIES KepCorp inks second gas deal with Petronas PAGE 5 COMMENTARY Let’s have a minimum wage now PAGE 25 S’PORE NEWS Ow Chio Kiat wins rare honour from Australia PAGE 9 PROPERTY Weekly developer sales statistics may raise volatility PAGE 30 *****1235 words
-
-
TOP STORIES
-
THREE-MINUTE DIGEST
-
82 2012-04-24 2 EVEN without the policy moves to curb inflows, the supply of blue-collar foreign workers in Singapore could be drying up. Low wages, the high cost of living here, and better prospects in the workers’ home countries have all played a part in this82 words
-
62 2012-04-24 2 BARELY two weeks have passed since the central bank tightened monetary policy in Singapore and already market watchers are flagging the possibility of a tougher stance ahead. The trigger? A sharp 5.2 per cent year-on-year surge in headline inflation in March, up62 words
-
39 2012-04-24 2 A LEAK from an onshore gas pipeline apparently caused by a third-party contractor disrupted Indonesian natural gas supplies to some users including generating company PowerSeraya and seven petrochemical plants on Jurong Island.39 words
-
40 2012-04-24 2 SWISS food group Nestle is to buy US drugmaker Pfizer’s infant nutrition business for US$11.85 billion, beating out French rival Danone in the battle for dominance of baby food in fast-growing emerging markets.40 words
-
52 2012-04-24 2 SINGAPORE and Vietnam are once again collaborating to build a fifth industrial park worth US$337.82 million this time in Quang Ngai province in central Vietnam. Vietnam Singapore Industrial Park Quang Ngai will take shape in the form of a 1,120-hectare integrated township and industrial52 words
-
47 2012-04-24 2 KEPPEL Corporation has just struck a fresh US$2.2 billion deal to import 43 million cubic feet of gas daily from Petronas, making this its second gas sales agreement with the Malaysian company after an earlier US$3 billion-plus deal in mid-2005.47 words
-
Article56 2012-04-24 2 INDONESIA’S foreign investment surged in the first quarter of this year, boosted by an investment-grade credit rating from Moody’s. Foreign direct investment rose 30.3 per cent year-on-year to 51.5 trillion rupiah in the January to March period, exceeding the 25.2 per cent rate posted56 words
-
66 2012-04-24 2 AUSTRALIAN flag carrier Qantas is still considering Singapore as the base for a premium carrier in Asia, chief executive Alan Joyce said in a report published yesterday. Talks with Singapore on the issue had lapsed but Mr Joyce said Qantas was66 words
-
88 2012-04-24 2 COLLECTIVE sales continue to flood the market, in the form of Thomson View Condominium and Kemaman View. Thomson View Condominium is on the market at $580 million. Including a $107 million premium to enhance the property’s use and a $90 million premium to top88 words
-
-
491 2012-04-24 2 RONNIE LIM - PowerGas says the damage could be caused by a third party contractor By RONNIE LIM [SINGAPORE] A leak from an onshore gas pipeline apparently caused by a third-party contractor disrupted Indonesian natural gas supplies to some users including generating company PowerSeraya and491 words
-
488 2012-04-24 2 Reuters [ZURICH] Swiss food group Nestle is to buy US drugmaker Pfizer’s infant nutrition business for US$11.85 billion, beating out French rival Danone in the battle for dominance of baby food in fast-growing emerging markets. Nestle, the world’s biggest food company, was alreadyReuters - 488 words
-
Article, Illustration643 2012-04-24 4 KELLY TAY - US$337.8m project will be located in central Quang Ngai province Reports by KELLY TAY Reports by in Hanoi SINGAPORE and Vietnam are once again collaborating to build a fifth industrial park worth US$337.82 million this time in Quang Ngai province inLIANHE ZAOBAO - 643 words
-
380 2012-04-24 4 AS Singapore and Vietnam celebrate 40 years of bilateral relations next year, both nations must continue to work towards achieving an integrated Asean Community by 2015. So said President Tony Tan Keng Yam yesterday evening in Hanoi, at a state banquet hosted by his380 words
-
Article, Illustration741 2012-04-24 4 LYNN KAN - New CEO aims to cut costs increased by high bunker prices By LYNN KAN [SINGAPORE] The appointment of Hanne Sorensen as the newest chief of Maersk Tankers, the tanker-opera-ting arm of Denmark’s largest conglomerate A.P. Moller-Maersk Group, earlier this year may have raised a741 words
-
742 2012-04-24 4 NEIL BEHRMANN - Bond yields rise on political uncertainty, economic concerns By NEIL BEHRMANN in London EUROPEAN shares fell sharply yesterday due to French political uncertainty, poor economic performance and worries about China. French, Italian and Spanish bond yields rose and Germany’s ten-year bund742 words
-
514 2012-04-24 4 Reuters [BEIJING] China’s factories posted their best performance this year as a measure of new business rose from multi-month lows, a private sector purchasing managers survey showed yesterday, though overall activity still contracted for a sixth successive month. Readings for output and exportReuters - 514 words
-
-
Page 2 Advertisements
-
Advertisement319 2012-04-24 2 TOP STORIES, PAGE 4 FRONT PAGE COMPANY NEWS, PAGE 5 MALAYSIA/INDONESIA, PAGE 15 FRONT PAGE TOP STORIES, PAGE 2 AVIATION, PAGE 21 TOP STORIES, PAGE 2 PROPERTY, PAGE 29 a WORLD GOURMET SUMMIT WORLD (iOLRMKT 'C/enea citibank YOUR TRADITION OUR INNOVATION 23 cA/>aJ- 20/2 WORLD GOURMET SUMMIT NORWEGIAN WATERS, 0319 words
-
-
Page 3 Advertisements
-
Advertisement254 2012-04-24 3 Stunning views. Distinctive space. In the heart of Orchard Road. The Scotts Tower opens up possibilities. Design your space and express your personality. Centrally located between Orchard and Newton MRT stations, there is a SOHO apartment for everyone. Choose from luxurious 1 bedroom to 2 bedroom apartments. THE SCOTTS TOUER254 words
-
-
COMPANY NEWS
-
441 2012-04-24 5 RONNIE LIM - The US$2.2b long-term contract will yield 43m cubic feet of gas per day By RONNIE LIM KEPPEL Corporation has just struck a fresh US$2.2 billion deal to import 43 million cubic feet of gas daily (mscfd) from Petronas, making this its second gas441 words
-
525 2012-04-24 5 Firm to grow its Indian operations in the same way as it has in China Bloomberg [HONG KONG] Golden Agri-Re-sources Ltd, the world’s sec-ond-largest oil palm planter, is studying buying assets in India to tap the largest consumer market for the product usedBloomberg - 525 words
-
Article, Illustration533 2012-04-24 5 KENNETH LIM - By KENNETH LIM CNMC Goldmine Holdings raised the gold estimates in its Malaysian concessions by 35 per cent and expects the amount to keep climbing. The company is also expecting to significantly ramp up production this year with a delayed production facility slatedFILE PHOTO - 533 words
-
Article, Illustration507 2012-04-24 7 CONRAD TAN - Barclays adds four bankers as S’pore emerges a wealth management centre By CONRAD TAN BARCLAYS has hired four senior private bankers from its rivals in recent weeks to beef up its wealth and investment management business in Singapore. Among its latest hires is507 words
-
596 2012-04-24 7 Reuters [HONG KONG] Hong Kong’s stock market regulator has revoked the licence of an underwriter of a troubled 2009 listing and slapped it with a record fine, in a warning shot to investment banks working in one the world’s biggest IPO marketsReuters - 596 words
-
355 2012-04-24 7 KENNETH LIM - By KENNETH LIM FRASERS Centrepoint Trust (FCT) is paying its highest ever distribution per unit (DPU) after sec-ond-quarter earnings beat forecasts on the back of additional revenue from Bedok Point and refurbished Causeway Point malls. “We have achieved another quarter of strong355 words
-
Article, Illustration373 2012-04-24 8 LYNN KAN - Shipping trust posts profit of US$8.2m, down 12% year on year from US$9.3m By LYNN KAN RICKMERS Maritime reported distribution per unit (DPU) of 0.6 of a US cent for the first quarter ended March 31, 2012, that was unchanged from373 words
-
296 2012-04-24 8 AMANDA EBER - By AMANDA EBER XINREN Aluminium Holdings Ltd received strong shareholder support at an extraordinary general meeting yesterday for its 1.89 billion yuan (S$374 million) move to acquire a 21 per cent stake in China Leading International Group Ltd (CLI). CLI is the296 words
-
350 2012-04-24 8 NISHA RAMCHANDANI - By NISHA RAMCHANDANI QAF saw net profit for the first quarter ended 31 March 2012 plummet 64 per cent to $10.05 million, while group revenue came in 8 per cent higher at $240.4 million. In a release to the Singapore Exchange yesterday, QAF350 words
-
Article, Illustration777 2012-04-24 8 HK exchange board members to choose new chairman today Bloomberg [HONG KONG] Hong Kong Exchanges Clearing Ltd, surpassed by CME Group Inc as the world’s biggest bourse by market value, will fall behind others if it’s not vigilant, said Ronald Arculli, whoBloomberg; BLOOMBERG - 777 words
-
COMPANY BRIEFS
-
Article64 2012-04-24 8 OFFSHORE marine company Swiber Holdings sold a 26 per cent stake in its Indonesian unit PT Rajawali Swiber Cakrawala for US$5.2 million in cash to PT Abadi Pelita Harapan. Swiber will retain a 23 per cent stake in Rajawali Swiber Cakrawala. The deal is not expected64 words
-
83 2012-04-24 8 Bloomberg CVC Capital Partners Ltd may seek an initial public offering of the Formula One auto-racing series as soon as June, the Mail on Sunday reported, without saying where it got the information. The plan to list a US$2 billion stake in theBloomberg - 83 words
-
Article49 2012-04-24 8 PRINTED circuit board equipment supplier Jadason Enterprises warned that it will report an after-tax loss for the first fiscal quarter ended March 31 due to a slowdown in the equipment and supplies business and a decrease in demand for its manufacturing and support services.49 words
-
Article63 2012-04-24 8 ALTERNATIVE asset investment group Asiasons Capital is selling British Virgin Islandsincorporated unit Portwell Investments Ltd, the company said in response to a query from the Singapore Exchange. During fiscal 2011, an offer was made to purchase the underlying investments held by Portwell, and so the investment63 words
-
Article60 2012-04-24 8 FRIVEN Co has changed its name to CCFH Ltd following a shareholders’ meeting. The company has also named Xu Rongsen as executive director and chief executive. Outgoing CEO Wu Lianhua will remain as an executive director. Executive director Shi Xiaohong will be redesignated non-independent, non-executive director,60 words
-
76 2012-04-24 8 AUDITORS of Sun East Group said the company had net capital deficiency of about HK$1.7 million (S$274,000) as at end-2011, net current liabilities of about HK$1.7 million and net operating cash outflow of about HK$2.9 million. But the auditors said they prepared the company’s76 words
-
Article66 2012-04-24 8 Bloomberg HSBC Holdings plc appointed Roderick Sykes as managing director in commercial banking coverage within global banking, Asia Pacific, according to a spokeswoman. Mr Sykes will remain in Hong Kong and will report to Russell Julius, head of global banking in Asia Pacific. Alexi Chan hasBloomberg - 66 words
-
-
-
Page 5 Advertisements
-
Advertisement325 2012-04-24 5 Asset Price Bubbles Brought to you by the Sim Kee Boon Institute for Financial Economics Monday, 7 May 2012 Singapore Management University, Administration Building, Level 5, Mochtar Riady Auditorium, 81 Victoria Street Fee: S$250 per pax Based on the theme of “Asset Price Bubbles”, the second SKBI Annual ConferenceonFinancialEconomicsfocusesonthecurrentglobalinflation, the325 words
-
-
SINGAPORE MARKETS
-
Article, Illustration570 2012-04-24 6 R SIVANITHY - ST Index sheds 1.1 per cent as market turnover in dollar terms remains low STOCKS R SIVANITHY Senior Correspondent A COLLAPSE in European markets when they opened yesterday because of Spanish and Italian debt concerns meant the Straits Times Index suffered a 32.13point or 1.1Source: Bloomberg - 570 words
-
Article65 2012-04-24 6 Apr 23 VALUE CLOSE BT OB/OS -53.00 -19.00 BT CADI -*****.00-207.00 BT 10-day MA -*****.00 -5.00 FTSE ST Mid Cap 683.99 -7.24 FTSE ST Small Cap 460.49 -5.07 FTSE ST All Share 717.09 -7.75 FTSE ST China Top 218.68 -3.15 FTSE ST China 251.73 -2.77 FTSE ST65 words
-
Article186 2012-04-24 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 0 12 4 0 0 0 0 12 4 Manufacturing 32 85 39 3 16 9 35 101 48 Commerce 18 27 18 2 7 2 20 34 20 Tpt/Stor/Comms 9 25 8186 words
-
BROKERS’ TAKE
-
Article, Illustration403 2012-04-24 6 April 23 close: $0.555 DMG Partners Research, April 23 WE recently met up with Stamford Land’s (STL) management and came away with the following takeaways: NThe group’s Australian hotels continue to benefit from strong domestic demand with occupancies hovering above 80 per cent, while room rates have inchedSource: Bloomberg - 403 words
-
Article, Illustration334 2012-04-24 6 JOYCE HOOI - Compiled by JOYCE HOOI April 23 close: $0.97 CIMB Research, April 23 WE tweak FY2012 distribution per unit (DPU) to adjust for the timing of acquisitions, and raise our dividend discount model (DDM)-based TP to $1.07 with a lower discount rate of 8.6 per cent (previously 9.0Source: Bloomberg - 334 words
-
Article136 2012-04-24 6 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,136 words
-
-
Article123 2012-04-24 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN SDQ TOTAL Multi Ind 17,132 17,132 77,407 77,407 Manufacturing 359,685 352,307 711,992 137,372 9,113 146,485 Commerce 873,213 31,985 905,198 155,285 1,618 156,903 Tpt/Stor/Comms 86,504 11,295 97,799 89,038 3,693 92,730 Finance 15,054 7 15,061 112,409 1 112,410 Construction 490,718 28,204123 words
-
Article110 2012-04-24 6 Stock name Close Change Stock name Close Change CapMallsAsia 1.540 -0.050 CapitaLand 2.910 -0.030 CapitaMall 1.865 CityDev 10.390 -0.170 ComfortDelGro 1.520 DBS Grp 13.630 -0.080 F&N 6.800 GLP 2.020 -0.040 Genting SP 1.690 -0.020 Golden Agri 0.750 HK Land 6.200 -0.040 JMH 49.960 -0.590 JSH 32.460110 words
-
Article, Illustration455 2012-04-24 6 CURRENCIES Reuters [NEW YORK] The euro fell from a two-week high against the US dollar yesterday on concern that the eurozone debt crisis could engulf European nations as yet relatively unscathed, with the economic outlook and rising political risks likely to keep it underReuters; AP - 455 words
-
Article57 2012-04-24 6 VOLUME JEL Corp 429,633,000 HLH Grp 400,478,000 TT Intl 287,085,000 SingXpress 260,837,000 Ntegrator 164,727,000 Vashion 127,201,000 Teledata 91,406,000 Rowsley 87,803,000 Digiland 85,466,000 Liang Huat 81,981,000 VALUE($) Keppel Corp 58,786,150 DBS Grp 57,284,580 TT Intl 47,025,368 Noble Grp 36,261,580 Golden Agri 32,465,890 JEL Corp 29,392,174 SembMar 26,297,936 Genting57 words
-
Article115 2012-04-24 6 BY CENTS CLOSE UP DBXT S&P Short 10US$ 3781 42.5 0.9 JSH 3246 18.7 0.5 DBS Bk 4.7% NCPS 100 ***** 15.0 0.1 DBS.ES.1204 1375 12.0 0.9 OCBC Bk 4.5%NCPS 100 ***** 8.0 0.1 CIMBAsean40 100US$ 1032 7.5 0.6 DBXT FTVietnam 10US$ 2581 7.5 0.2 IS Asia BND 100US115 words
-
Article123 2012-04-24 6 BY CENTS CLOSE DOWN IS S&P500 ***** -278.6 -1.6 DBXT Nifty 10US$ ***** -243.6 -1.9 DBXT E50 10US$ 3400 -141.2 -3.2 DBXT MSEurope 10US$ 4241 -98.7 -1.8 DBXT FTChina25 10US$ 2748 -87.4 -2.5 DBXT MSKorea 10US$ 5679 -87.4 -1.2 GLD 10US$ ***** -85.0 -0.4 JMH 4996 -73.7 -1.2 Jardine123 words
-
-
Page 7 Advertisements
-
Advertisement67 2012-04-24 7 o > <s;<c> 3 A T /i O/ Oi O- IG MARKETS We execute 99.6% of CFD trades in under 0.1 secs O 5£ o J'j /Ci o Od IS DIFFERENT FIND OUT WHY IGMARKETS.COM.SG CFD trading can result in losses that exceed your initial deposit Figure relates to IG67 words
-
-
Page 8 Advertisements
-
Advertisement240 2012-04-24 8 reflections Asian leaders speak their minds Aspire to inspire Our Asian leaders are speaking to you! Find out more in Reflections a thoughtfully compiled series of interviews by China Daily Asia Weekly newspapers. ONLY $15 Available at all major bookstores islandwide: Dufry Flarris Planerds Kinokuniya MPFI Popular Times Newslink HOW240 words
-
-
SINGAPORE NEWS
-
Article, Illustration698 2012-04-24 9 LEE U-WEN - Stamford Land head praised for boosting ties between Australia and S’pore By LEE U-WEN BOWING his head slightly, Ow Chio Kiat stood in silence as visiting Australian Prime Minister Julia Gillard placed a shiny blue medallion around his neck. For the 67-year-oldALPHONSUS CHERN/THE STRAITS TIMES - 698 words
-
234 2012-04-24 9 TIMOTHY LOH - By TIMOTHY LOH INFINEUM broke ground yesterday for its new salicylate plant on Jurong Island, an investment worth US$150 million. This new facility, an expansion of Infineum’s existing plant, is the largest investment the group has made to date. The event was234 words
-
351 2012-04-24 9 MALMINDERJIT SINGH - By MALMINDERJIT SINGH EMERGING markets, many in the Asia Pacific, received more capital than their developed world counterparts in 2011, and are likely to continue this momentum this year as they maintain a tax and fiscal regime favourable to investors, according to an351 words
-
Article, Illustration426 2012-04-24 10 LEE U-WEN - By LEE U-WEN THE second of two trips to England in as many months organised by The Business Times to watch a top Barclays Premier League (BPL) match has netted $35,000 for charity. This brings the total to $56,000 that will goMANCHESTER UNITED - 426 words
-
401 2012-04-24 10 LIM WEI SHENG - User-created code of conduct for Internet practices preferred: Yaacob By LIM WEI SHENG THE government is keeping an eye on amendments being made to Malaysia’s Printing Presses and Publications Act (PPPA) that may soon allow Singapore newspapers to be circulated in Malaysia.401 words
-
365 2012-04-24 10 LEE U-WEN - It’ll be first facility outside US, Europe to make best-selling haemophilia drug By LEE U-WEN AMERICAN healthcare company Baxter International, the biggest employer in Singapore’s thriving biomedical sciences sector, has marked a new milestone with its new manufacturing plant in Woodlands. The365 words
-
-
Page 9 Advertisements
-
Advertisement155 2012-04-24 9 v -aca, REAESIFARw* y-(§§OOs (sfl5M®S5) V 'uUD GQ2HL35 MM U I l**i J <■■ i. 'i:-‘ aasmteasB i^Stssxss^D NWnmMii a»* -fe- v ,.i KtaJigfi olifr^mgyg^lBmlrErihratopinrgift A magnificent nostalgic colonial villa on expansive endless greens A complete immersion to tranquility. Listen to the rustle of the leaves, watch squirrels hop from155 words
-
-
Page 10 Advertisements
-
Advertisement135 2012-04-24 10 Our Congratulations to MrOwChio Kiat Honorary Officer of the Order of Australia We are proud to congratulate our Chairman, Mr Ow Chio Kiat, on being bestowed the prestigious title of Honorary Officer of the Order of Australia. In the Australian honours system, the Officer of the Order of Australia is135 words
-
-
SME Inc
-
Article, Illustration1216 2012-04-24 11 ANNA LEE - S’pore’s ‘accidental architect’ is involved in over 300 projects globally, reports ANNA LEE ANNA LEE Undaunted by today’s preoccupation with academic achievement, highschool dropout Paul Lawrence has pushed on regardless of his lack of professional training, banking on his 30 years of expertise. The 62-year-old hasARTHUR LEE - 1,216 words
-
Article, Illustration790 2012-04-24 11 MARK CHONG - MARK CHONG Engage SMU profs Mark Chong is an associate professor of Corporate Communication (Practice) at the Lee Kong Chian School of Business, Singapore Management University Q: What is corporate reputation and why should it matter to SMEs? What can SMEs do to build up a790 words
-
Article, Illustration885 2012-04-24 12 RONALD HEE - Start-up owners would do well to have their personal financial records in order before going a-borrowing, reports RONALD HEE RONALD HEE ON Jan 13, the once sterling credit ratings of nine European countries were downgraded, all victims of continuing economic turmoil in the eurozone. ThisSTOCK.XCHNG - 885 words
-
351 2012-04-24 12 RONALD HEE - By RONALD HEE PROSPECTIVE borrowers ought to get a copy of their personal credit report before they apply for a loan, so that they can better understand the type of information banks and financial institutions view when they retrieve their credit file. Credit Bureau351 words
-
Article, Illustration985 2012-04-24 13 JASLENE PANG - JEP fights competition by always looking for most cost-effective technology and opportunities, reports JASLENE PANG JASLENE PANG WHILE tourists are delighting in the greenback’s weakness, those in the aerospace industry have been tightening their belts. Precisionmachine producer JEP Precision Engineering’s chief executive officer Soh Chee Siong explains thatYEN MENG JIIN - 985 words
-
-
Page 11 Advertisements
-
Advertisement108 2012-04-24 11 Brought to you by: 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 your108 words
-
Advertisement311 2012-04-24 11 Have an interesting story on an SME that you would like to share? Drop us a note on why you think the company should be featured in our weekly SME INC pages details like how much the company has grown, and what sort of expansion plans it has, would be311 words
-
-
Page 12 Advertisements
-
Advertisement120 2012-04-24 12 e If You ve Attained The Perfect Balance Of Success Be Recognised At E50 Awards 2012 It s time to stack up against the competition and emerge tall among our top 50 winners. As an E50 recipient, you will be poised to reach new heights. Qualifying Criteria: Homegrown, privately owned120 words
-
-
Page 13 Advertisements
-
Advertisement89 2012-04-24 13 English Workplace /T,,A SINGAPORE 1 I \A/C WORKFORCE SKILLS BETTER COMMUNICATION, GREATER EFFICIENCY, HIGHER PRODUCTIVITY I ¥VO nilAI nrAT inMQ <* Work Safely with Effective Communication English Workplace brings customised English courses to your workplace. Your staff will be able to: n*/ Communicate better Enhance their personal effectiveness Improve individual89 words
-
-
ECONOMY WATCH
-
Article, Illustration779 2012-04-24 14 She helps IMF double its war chest with more than US$430b in pledges Bloomberg [WASHINGTON] Three months after waving her purse in front of global finance chiefs, Christine Lagarde filled it with more than US$430 billion in pledges for the International MonetaryBloomberg; AP - 779 words
-
348 2012-04-24 14 Reuters [SYDNEY] Australia’s producer prices fell unexpectedly last quarter as a high dollar helped drive down import prices, setting the scene for a benign reading on consumer inflation and a cut in interest rates next week. Prices at the final stage ofReuters - 348 words
-
370 2012-04-24 14 AFP [BRUSSELS] Eurozone private sector activity sank at the fastest rate in five months in April, indicating that the 17-nation bloc faces a longer recession than previously thought, a key survey showed yesterday. The composite Purchasing Managers Index (PMI) compiled by the LondonbasedAFP - 370 words
-
-
Page 14 Advertisements
-
Advertisement1012 2012-04-24 14 WAR3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices RICKMERS MARITIME Registration Number: *****03 (Constituted under the laws of Singapore) Managed by Rickmers Trust Management Pte. Ltd. NOTICE OF BOOKS CLOSURE DISTRIBUTION PAYMENT DATE NOTICE IS HEREBY GIVEN that the Transfer Books and Register of Unitholders of Rickmers Maritime will be1,012 words
-
Advertisement202 2012-04-24 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF TELSIS PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO.*****3483M NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the Member of the abovenamed Company will be202 words
-
Advertisement8 2012-04-24 14 o m yodcasi if «*s«»wa>: MV showbiz.omy.sg 7u8 words
-
-
MALAYSIA/INDONESIA
-
Article, Illustration533 2012-04-24 15 Investment-grade credit ratings from Moody’s, Fitch give economy a boost Reuters [JAKARTA] Indonesia’s foreign investment surged in the first quarter of this year, boosted by an invest-ment-grade credit rating from Moody’s, and the investment board expects further capital inflows to help spur growth inReuters; FILE PHOTO - 533 words
-
Article, Illustration537 2012-04-24 15 S JAYASANKARAN - By S JAYASANKARAN in Kuala Lumpur FORMER Malaysian transport minister Chan Kong Choy’s trial on cheating charges was postponed yesterday to May 21 over an application by his lawyers to recuse the presiding judge. The High Court was also told yesterday thatTHE STAR - 537 words
-
245 2012-04-24 15 Reuters [JAKARTA] Indonesia’s stock exchange yesterday said that it plans to auction five brokerage seats this year, and sees interest from foreign players to follow Morgan Stanley’s move in getting a brokerage licence to profit from the country’s growing financial markets. The auction couldReuters - 245 words
-
-
Page 15 Advertisements
-
Advertisement16 2012-04-24 15 Take part in s reader survey and win tickets to India Log on to www.tabla.com.sgfor details16 words
-
Advertisement152 2012-04-24 15 The Singapore life insurance industry takes in $12 billion a year.* But only one company shows how your policy performs. Actual Yield: Endowment Actual Yield: Whole Life For the sixth year in a row, we’ve published our annual yields on life policies. It’s just part of our commitment to transparency,152 words
-
-
GREATER CHINA/INDIA
-
Article, Illustration626 2012-04-24 16 Lending rates may be freed up soon but deposit rates will be regulated Reuters [BEIJING] China will take a gradual approach to yuan reform and will not be in a hurry to free up deposit rates offered by banks, as it seeksReuters - 626 words
-
573 2012-04-24 16 Bloomberg [NEW DELHI] Reliance Industries Ltd, owner of the largest oil-refining complex, will expand its petrochemicals businesses as it bets Indian demand for materials used to make plastics and polyester will help offset weak global fuel sales. The company controlled by billionaire Mukesh Ambani,Bloomberg - 573 words
-
559 2012-04-24 16 Bloomberg [MUMBAI] India’s record trade deficit will widen as oil prices surge, Citigroup Inc and Axis Bank Ltd predict, weighing on the rupee and damping investor enthusiasm for the nation’s bonds. The shortfall increased 56 per cent in theBloomberg - 559 words
-
-
Page 16 Advertisements
-
Advertisement121 2012-04-24 16 Here’s how to make your money grow Property Markets Wealth Insurance Catch up on the latest in local, overseas and commercial/ industrial property news, and get practical advice and insights. Get expert market advice and the latest news on stocks, unit trusts, alternative investments and bonds. Learn how to plan121 words
-
-
GREATER CHINA
-
679 2012-04-24 17 Increase underscores growing holdings of China’s currency outside mainland Bloomberg [SINGAPORE] Banks are charging almost 2 percentage points less for yuan-de-nominated loans in Hong Kong than in China as the nation moves toward full convertibility of its currency. Sinotruk (HongBloomberg - 679 words
-
465 2012-04-24 17 Reuters [MANILA] Jockeying by Chinese agencies over policy fiefdoms and budgets threatens to intensify tension in the disputed South China Sea, a respected think tank warned yesterday, with the Philippines seeking more patrols to guard against China’s claims. China has territorial disputesReuters - 465 words
-
444 2012-04-24 17 Reuters [HONG KONG] China’s hot Internet sector is facing a problem it is unaccustomed to: a lack of money. The world’s largest Internet market, with nearly half a billion users, gave birth to some of the world’s most vibrant Internet firms, such asReuters - 444 words
-
-
Page 17 Advertisements
-
Advertisement225 2012-04-24 17 reinventing Business Strategies FIND US ON fef VOUCH o^S ar >c/p (rJS I invites 'I Ol tftfVTS 4 .-a*-**" 4 at enyof ftnS at«' c 1 tv^A/r ‘■ffls Fancy being a VIP at a blockbuster attraction before everyone else? Getting invited to an A-list artist showcase? Cooking with Michelin-star chefs?225 words
-
-
WORLD
-
Article, Illustration954 2012-04-24 18 Increased volume of communication creating cacophony, not clarity, some say NYT [WASHINGTON] Federal Reserve chairman Ben Bernanke has tried to speak more clearly and more frequently than his predecessors. He has lectured college students, met with members of the military and, since last April,NYT; REUTERS - 954 words
-
Article, Illustration536 2012-04-24 18 Bloomberg [MEXICO CITY] A top Mexican official expressed frustration over what he said was the Obama administration’s delay in adding the nation to Pacific trade talks. Mexico’s entry to the Trans-Pacific Partnership, a sweeping deal that seeks toBloomberg; AFP - 536 words
-
506 2012-04-24 18 They plan to hire more staff on improving demand Bloomberg [WASHINGTON] Companies are growing more upbeat about the US economy this year and plan to take on more workers as demand improves, a survey showed. Some 78 per cent of businesses, the mostBloomberg - 506 words
-
184 2012-04-24 18 Reuters [LONDON] Britain’s second biggest insurer Aviva is expected to announce the sale of its American life assurance business Aviva USA next month, on which it will make a loss of £1 billion (S$2 billion), the Sunday TimesReuters - 184 words
-
Article, Illustration544 2012-04-24 19 ANTHONY ROWLEY - Talk mounts of acquittal for Ozawa who may challenge PM for top DPJ post By ANTHONY ROWLEY in Tokyo THE Japanese capital is abuzz with speculation that veteran politician Ichiro Ozawa will be acquitted later this week on charges of misusing political funds,544 words
-
378 2012-04-24 19 Reuters [LONDON] Mobile phone group Vodafone has agreed to buy Cable Wireless Worldwide (CWW) for £1.04 billion (S$2.1 billion), giving it a British fixed-line network to relieve the strain on its wireless operations from data-hungry smartphone users. The world’s biggest mobileReuters - 378 words
-
379 2012-04-24 19 Reuters [LONDON] AstraZeneca has agreed to buy US company Ardea Biosciences for US$1.26 billion, giving it a new gout drug to bolster its weak pipeline in a deal that feeds a wave of M&A in the biotechnology sector. The US$32 a share acquisition a 54Reuters - 379 words
-
Article, Illustration490 2012-04-24 19 GDP dips by estimated 0.4%, says Bank of Spain AFP [MADRID] Spain’s jobsscarce economy plunged back into recession in the first quarter of 2012 as employment slumped even further, the Bank of Spain said yesterday. Barely two years after emerging from the lastAFP - 490 words
-
486 2012-04-24 19 AP [BRUSSELS] The 17 countries that use the euro still face an uphill struggle to get a handle on their debt in spite of managing to slash government deficits to 4.1 per cent of economic output in 2011, official data show. FiguresAP - 486 words
-
546 2012-04-24 20 Beijing will protect intellectual property rights, technology transfers, he says Reuters Bloomberg [HANNOVER] China and Germany, the world’s two biggest exporters, can nearly double their bilateral trade in the next three years, but must also improve their market access andReuters; Bloomberg - 546 words
-
Article, Illustration524 2012-04-24 20 Coalition unable to agree on how to cut deficit to EU target Reuters AFP [THE HAGUE] The Dutch government resigned yesterday in a crisis over budget cuts, spelling the end of a coalition which has strongly backed a European Union fiscal treaty and lecturedReuters; AFP; AP - 524 words
-
468 2012-04-24 20 Reuters [NEW YORK] Wal-Mart Stores Inc shares fell 4.7 per cent in early trading on concerns that an investigation into allegations of bribery at its Mexican affiliate and how those allegations were handled by top management could be costly to the company andReuters - 468 words
-
-
Page 18 Advertisements
-
Advertisement1772 2012-04-24 18 CENTILLION ENVIRONMENT RECYCLING LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****6445M) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the “EGM”) of the Shareholders of Centillion Environment Recycling Limited (the “Company”) will be held on 16 May 2012 at 10 a.m.1,772 words
-
-
Page 19 Advertisements
-
Advertisement139 2012-04-24 19 The Leading Global Finance Master Degree Program m m A 9m □d t. f \‘vW f* n C,' OV't s5^r \<COW0 Hf)W0 -A TR''? ev Master of Science in Global Finance A ground-breaking one-year, modular, executive-format master degree program jointly developed by the HKUST Business School and NYU Stern School139 words
-
-
Page 20 Advertisements
-
Advertisement722 2012-04-24 20 CUTTING-EDGE STRATEGIES FOR WORKPLACE SUCCESS Who should attend: Sales Managers, Account Managers/ Executives, Social Media Specialists, PMEBs, Directors, Team Leaders and other General Management Professionals Register at www.stjobs.sg/seminars STJOBS FULL-DAY WORKSHOPS 11 May, 2012 (Fri) 25 May, 2012 (Fri) Workshop A 21st Century Sales Leadership Skills SPH News Centre (9.00722 words
-
-
AVIATION
-
Article, Illustration477 2012-04-24 21 Talks stall, but new Asian op needed to keep Qantas relevant, says CEO AFP [SYDNEY] Australian flag carrier Qantas is still considering Singapore as the base for a premium carrier in Asia, chief executive Alan Joyce said in a report publishedAFP; REUTERS - 477 words
-
Article, Illustration759 2012-04-24 21 Airlines struggle to follow schedules, battle bad weather Bloomberg [HONG KONG] Simon Meng’s flight to Harbin, China, was supposed to take about five hours. Instead, he had a two-day delay, arguments with airline staff, a night-time wait in the rain, a trip to theBloomberg; REUTERS - 759 words
-
927 2012-04-24 21 NYT [NEW YORK] Doug Parker, chief executive of US Airways, has long sought to merge his company with another major airline. But after seeing Delta, United and Continental all slip away and become part of mega-carriers, he made a move last Friday forNYT - 927 words
-
-
Page 21 Advertisements
-
Advertisement109 2012-04-24 21 Learn about investment through the Updated on a weekly basis Understand the meaning of various financial terminologies (such as “Dividend Payout Ratio” and “Stock Beta”) and how to use them Learn the basics of investing in shares Make sense out of all the financial mumbo-jumbo by visiting blog.shareinvestor.com Scan QR109 words
-
-
Page 21 Miscellaneous
-
Miscellaneous281 2012-04-24 21 CRYPTIC CROSSWORD Across 7 Life for American facing stir in American state (8) 9 Hardy or Dickens character (6) 10 Formerly single, going round clubs (4) 11 Seize criminal one’s caught in end (10) 12 Break off in Hebrides is taken (6) 14 Sweat with energy then test deodorant perhaps?281 words
-
-
SHIPPING
-
Article, Illustration416 2012-04-24 22 Naval patrols reduce raids off Somalia, but Indonesia, Nigeria see more AP [KUALA LUMPUR] Sea piracy worldwide dropped 28 per cent in the first quarter of the year as attacks fell sharply in Somalia’s waters, thanks to international naval patrols, an international maritime watchdogAP; REUTERS - 416 words
-
382 2012-04-24 22 Reuters [COPENHAGEN] Indebted Danish shipping company Torm A/S has proposed to slash the nominal value of its stock to pave the way for a new issue of equity. Torm, a dry-bulk and tanker operator controlled by Greek shipping tycoon Gabriel Panayotides, hasReuters - 382 words
-
311 2012-04-24 22 LYNN KAN - MPA, SMI join BW Ventures to support new research centre By LYNN KAN SINGAPORE is forging ahead with more cutting edge research into ma-rine-related clean technology with a new Green Marine Innovation Centre (GMIC). BW Ventures, part of tanker and offshore group311 words
-
346 2012-04-24 22 Bloomberg [NEW DELHI] Mahindra Mahindra, India’s biggest sport-utility vehicle maker, plans to build unmanned coastal surveillance vessels as the nation boosts security along its coastline following the 2008 Mumbai terrorist attack. The company’s newly formed joint venture with Israel’s Rafael Advanced Defense Systems will assembleBloomberg - 346 words
-
679 2012-04-24 22 Reuters [KRALJEVICA, Croatia] The smell of machine oil and scrapped metal lingers in the musty workshops of the Kraljevica dock, the only reminder of the oldest Croatian shipyard’s glory. That, and two almostfinished boats that may never be completed. The workers in greyReuters - 679 words
-
Article251 2012-04-24 22 SGX '000 Apr 23 S$ +/-Vol CH Offshore 0.44 -0.03 1865 Chuan Hup Hldg 0.23 -0.01 83 Cosco Corp 1.06 -0.03 5634 s$ Ezra Hldgs 1.03 -0.04 6800 First Ship Lea 0.21 unch 848 Freight Links 0.07 unch ***** Grand Banks unch unch 0 Jaya Hold Ltd 0.56251 words
-
-
Page 22 Advertisements
-
Advertisement77 2012-04-24 22 Opens tomorrow Seatrade A Offshore Marine Asia Exhibition and Conference 25-27 April 2012 Suntec Singapore Level 6, Exhibition Halls 602 603 F m a h T r 1 xt AsIHIfe :d .1 aft > It V t' 1 HI Vf/Tiff 3** m 7 4 ■i> 'V Bl Exhibition Opening Hours77 words
-
-
Page 23 Advertisements
-
Advertisement678 2012-04-24 23 The Business Times Shipping times 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 Email: singapore@balisagp.com Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Antwerp/UK Destination STXPO TBN678 words
-
Advertisement1425 2012-04-24 23 WALLENIUS WILHELMSEN LOGISTICS Tel: (65) 6379 5066 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com website: http://www.2wglobal.com AUSTRALIA NEW ZEALAND TO ASIA VESSEL VOY AKL BNE PKL MEL FRE SIN ANIARA FF216 06/04 11/04 14/04 16/04 22/04 29/04 TIRRANNA FF217 13/04 18/04 21/04 23/04 28/04 04/05 TALISMAN FF218 20/04 24/04 26/04 01/051,425 words
-
-
EDITORIAL & OPINION
-
488 2012-04-24 24 EDITORIAL THE International Monetary Fund (IMF) has beefed up its war chest to be able to deal with financial contingencies arising from the eurozone crisis. Generous contributions to the Fund from countries over the past week have reached US$430 billion, surpassing the target488 words
-
Article, Illustration802 2012-04-24 24 YOGI AGGARWAL - THE BOTTOM LINE YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT A PATENT lawsuit being fought in the Indian Supreme Court may become the defining case to determine whether Indians and other poor people will be802 words
-
Article, Illustration991 2012-04-24 24 LEON HADAR - Major doubts are growing about the stability of the global economy LEON HADAR Washington Correspondent THINGS seemed to be looking better for the American economy in recent months. For example, the unemployment numbers were starting to look really good and thenREUTERS - 991 words
-
Article, Illustration841 2012-04-24 25 MALMINDERJIT SINGH - Let’s have a minimum wage now Some call it the ‘best solution’ to income inequality here and say current conditions make this the best time for it By MALMINDERJIT SINGH RECENT discussions on income inequality in Singapore have focused primarily on “wage shock” therapy as a solution. The proposal’s meritsAP - 841 words
-
Article, Illustration709 2012-04-24 25 PIERRE BRIANCON - REUTERS BREAKINGVIEWS •Iv: •'i* By PIERRE BRIANCON MARKETS are behaving so far as if the upcoming French presidential election won’t change the country’s economic policies. There are two possible reasons for this complacency. Investors may believe that Nicolas Sarkozy will be re-electedREUTERS - 709 words
-
265 2012-04-24 25 William Seah - LETTER TO THE EDITOR William Seah KUDOS to The Business Times for publishing the letter by Leong Onn Kwong on China Paper Holdings Ltd’s proposed rights issue (“SGX should be wary of approving rights issues”, April 18), thereby giving it wide publicity.265 words
-
-
Page 25 Advertisements
-
Advertisement103 2012-04-24 25 HAVE YOUR SAY Fax your letters to 6319-8277 or e-mail 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 libel103 words
-
-
SINGAPORE STOCKS
-
Article2635 2012-04-24 26 Transaction date: Apr 23 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 123 92.5 AIMSAMPIReit 119cd +1 572 119.5 118.5 118.5 119 7 11.42,635 words
-
Article205 2012-04-24 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 3.7 1.3 t Advanced System 3.3xri +0.1 1060 3.6 3.1 3.3 3.5 43.7 Last Quote Div Gr Yld Net M Cap High205 words
-
Article7509 2012-04-24 27 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mgt Asia Limited AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond 0 9535/ Global Emerging Markets!*’ .1 7972/ Global Opportunities/7,509 words
-
Article188 2012-04-24 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 46 25.5 Genting HK US$ US37 -1.5 5373 38.5 37 37 37.5 2436.3 Vol 201 168 TanChongInt HK192cd 192 196 4.3 3.6 6.4 3866.7 STOCK PRICES LEGEND:188 words
-
Article910 2012-04-24 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 103 100 CIMB APAC Div 100US$ US101 100.4 101.4 10.6 1261 856 CIMBAsean40 100US$ US1032 +6 0 1032 1032 1020 1024 161.9 ***** ***** DBXT AUD910 words
-
-
FINANCE & COMMODITIES
-
Article601 2012-04-24 28 Apr 23 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 9599.20 9643.27 9520.98 Jun12 9565.00 9650.00 9510.00 9510.00 ***** *****1 Sep12 9505.00 106 7914 MSCI TAIWAN INDEX FUTURES SPOT 268.55 269.61 266.45 Apr12 269.90 271.40 266.50 268.60 ***** *****4 May12 269.20 271.00 266.40 268.10 330601 words
-
Article, Illustration111 2012-04-24 28 As on 20 April 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT JUN2012 1647.30 1639.30 1642.90 177 CURRENCY AUD-USD FUT JUN2012 1.0318 1.0262 1.0304 1502 EUR-USD FUT JUN2012 1.3228 1.3140 1.3218 2902 BASE METAL COPPER FUT MAY2012 8163 7999 8149 2188111 words
-
Article107 2012-04-24 28 Apr 20 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 12 1446.75 1415.75 1454.00 1413.00 Jul 12 1449.50 1421.00 1458.75 1418.00 Aug 12 1437.50 1410.50 1446.00 1409.00 Sep 12 1395.75 1375.50 1404.50 1375.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 12 55.83107 words
-
Article76 2012-04-24 28 CRUDE OIL PRODUCTS Apr 20 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 119.12 0.57 WTI (Near Mth) 103.52 1.12 Dubai (1-Mth F) 114.98 -0.55 Tapis blend 124.07 -0.17 Minas 124.07 -0.17 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 112.83 -1.06 Jet Kerosene 132.30 -0.12 US$/barrel OpecOil Basket76 words
-
Article22 2012-04-24 28 Apr 23 S$ Bid Offer 1-month 1.2491 1.2497 2-months 1.2491 1.2496 3-months 1.2488 1.2493 6-months 1.2476 1.2482 Source: OCBC22 words
-
Article66 2012-04-24 28 Apr 20 Apr 20 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2042.00 2034.50 3 months 2082.00 2074.00 Copper, Grade A(US$/tonne) Cash 8240.00 8094.00 3 months 8192.50 8050.00 Lead(US$/tonne) Cash 2126.00 2077.00 3 months 2125.50 2082.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 366 words
-
373 2012-04-24 28 In local curr In S$ In US$ dy yr dy yr dy yr Apr 20 Index Change Change Change Change Change Change World Preliminary 898.1 0.5 8.2 0.4 4.6 0.6 8.7 EAFE Preliminary 725.0 0.3 6.3 0.4 3.0 0.6 7.0 Europe Preliminary 1066.9 0.6 3.9373 words
-
Article80 2012-04-24 28 Apr 20 COCOA (£/tonne) Close Prev High/Low May 12 1476 1446 1481/1434 Jul 12 1491 1465 1497/1451 Sep 12 1490 1465 1496/1451 Dec 12 1487 1464 1495/1451 COFFEE(US$/tonne) Close Prev High/Low May 12 2033 2010 2049/2009 Jul 12 2056 2023 2070/2020 Sep 12 2055 2029 2069/2025 Nov 12 203880 words
-
1253 2012-04-24 28 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 150 228 11.75 25 Baker Technology Ltd W*****6 3 1 32 11 10.50 7 Best World Intl Ltd W*****5 0.6 1 30 61 31.67 15 Biosensors1,253 words
-
Article470 2012-04-24 28 Apr 23 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.027 6.505 0.785 8.002 54.027 94.708 0.835 11.768 3.161 1.269 93.631 44.001 1.288 8.097 0.943 30.420 31.923 0.641 1.031 Canada 0.974 6.333470 words
-
Article55 2012-04-24 28 Apr 23 (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$) 0.***** 0.***** 6 mths 0.***** 9 mths SWAP Mid rates (S$) 12 mths 0.***** SWAP Mid rates55 words
-
Article155 2012-04-24 28 Apr 23 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2877 1.2886 1.0308 1.0311 Canadian dollar 1.2536 1.2546 1.0035 1.0039 Euro 1.6412 1.6422 1.3138 1.3141 NZ dollar 1.0141 1.0158 0.8118 0.8128 Sterling pound 2.0086 2.0099 1.6079155 words
-
Article137 2012-04-24 28 Apr 23 GOLD(US$/oz) Apr 20 Apr 23 Hong Kong 1651.50 1644.00 Apr 23 Apr 19 Apr 20 London 1645.56 1641.21 1646.33 1641.98 Source: Thomson Reuters CAST BAR Apr 23 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 159 66 5gm 451 330 10gm137 words
-
91 2012-04-24 28 Apr 23 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 26-Jul-12 0.26 0.22 0.19 1-Year BY*****W 01-Nov-12 0.30 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 100.15 5-Year N*****0Z 2.375 01-Apr-17 108.8791 words
-
Article57 2012-04-24 28 Apr 23 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 12 3521.0 3515.0 3521.0 3485.0 1442 6542 Jun 12 3530.0 3510.0 3530.0 3482.0 3101 ***** Jul 12 3520.0 3500.0 3522.0 3472.0 ***** ***** Aug 12 3505.0 3490.057 words
-
Article121 2012-04-24 28 As at 9am Apr 23 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.325 1.262 Can dollar 1.286 1.225 Euro 1.687 1.607 Sterling pound 2.051 1.973 NZ dollar 1.048 0.999 US dollar 1.267 1.219 Local dollars to 100 units of foreign121 words
-
Article155 2012-04-24 28 Apr 23 Apr $S Offer Bid 0vernight 0.02 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.02 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.35 6 months 0.85 0.65 9 months 1.05 0.85155 words
-
-
PROPERTY
-
Article, Illustration615 2012-04-24 29 MINDY TAN - Thomson View up for sale at $580m; Kemaman View is asking $46-48m By MINDY TAN COLLECTIVE sales continue to flood the market, in the form of Thomson View Condominium and Kemaman View, following the launches of Harbour View Gardens at Pasir Panjang Road and615 words
-
Article, Illustration1294 2012-04-24 29 He tells court Rent Stabilization Law is an unconstitutional ‘taking’ of private property without compensation Bloomberg JAMES Harmon is so upset about New York rent laws that allow some tenants in the Upper West Side brownstone he owns to pay about 60 perBloomberg; BLOOMBERG FILE PHOTO - 1,294 words
-
358 2012-04-24 29 Reuters [DUBAI] National Bank of Abu Dhabi (NBAD) has launched a real estate fund in partnership with a Kuwaiti firm to seek investment opportunities in the United Arab Emirates’ (UAE) property sector, the lender said on Sunday. NBAD, the UAE’s top bank byReuters - 358 words
-
Article, Illustration1118 2012-04-24 30 KALPANA RASHIWALA - More frequent information release could accentuate buying in a hot market NEWS ANALYSIS By KALPANA RASHIWALA IN the second half of this year, Urban Redevelopment Authority (URA) will provide weekly updates on prices of private homes sold by developers. This should provide moreFILE PHOTO - 1,118 words
-
Article, Illustration435 2012-04-24 30 Hiking investment seen as only choice to bolster growth Reuters [BEIJING] China is set to speed up spending on roads, railways and utilities to boost economic growth, the official China Securities Journal said yesterday, citing government economists. The increased fiscal spending on infrastructure, whichReuters - 435 words
-
496 2012-04-24 31 PAULINE NG - Condo developers compete to stand out with ‘lifestyle focused’ concept facilities By PAULINE NG in Kuala Lumpur KUALA Lumpur may not have a fancy sky-bridge lap pool a la Bishan’s Sky Habitat, but residents at three condominium developments will be able to496 words
-
Article, Illustration441 2012-04-24 31 Developer’s strategy of targeting home buyers pays off Bloomberg [SHANGHAI] China Vanke Co, the biggest developer by market value listed on a Chinese exchange, posted a 16 per cent increase in first-quarter profit as its mass-market properties defied government curbs. Net income climbed toBloomberg; BLOOMBERG FILE PHOTO - 441 words
-
-
Page 29 Advertisements
-
Advertisement55 2012-04-24 29 Dream office, fully equipped, perfect price? A Offices from Yes. $25 I per person per day New centre: R0gUS Tanjong Pagar work your way 77 Robinson Road, #34-00 Robinson 77, Singapore Other locations in Singapore: Asia Square Centennial Tower One Fullerton One Raffles Place Samsung Hub DOB Plaza 1 Centre55 words
-
Advertisement150 2012-04-24 29 Secure a high profile position in Australia’s best performing office market FOR SALE 255 267 St Georges Terrace, Perth, Western Australia Two adjoining buildings on separate titles with land area of 2,486sqm* Total NLA: 4,131sqm* Net Potential Passing Income: AUD$2.729 million p.a.* as at 30 June 2012 Average passing rents150 words
-
-
Page 30 Advertisements
-
Advertisement248 2012-04-24 30 MAUDE RD Bungalow Plot for Sale off Kheam Hock/University Rd Land area 10,381 sf; FH Vacant elevated ground 2-sty bungalow zone Good for 1 or 2 bungalows Quiet and exclusive meinmein.chia@credo.com.sg (CEA Regn No: R*****6B) yewmin.lim@credo.com.sg (CEA Regn No: R*****3H) karamjit@credo.com.sg (CEA Regn No: R*****5D) Agency Licence No: L*****97B Tender248 words
-
Advertisement252 2012-04-24 30 Estate Agent Licence No. L*****36J FOR SALE BY TENDER REDEVELOPMENT SITES WITH 100% CONSENSUS RaceCourseRd Connexion (u/c) Race Course Lane Farrer Park SUBJECT SITES Little India Farrer Park Stn Rd Rd Serangoon Freehold Master Plan 2008 Residential with Commercial at 1st storey, Plot Ratio 3.5 Near to Farrer Park and252 words
-
Advertisement211 2012-04-24 30 INVESTMENT OPPORTUNITIES CEA Licence No.: L*****50K OrangeTee® Shophouses in CBD and City Fringe Single Multiple adjoining units Strata Office in CBD Bulk and individual units Business Space at City Fringe Ideal for corporate office with back-end operations Development Land For further enquiries, please contact OrangeTee Investments Email: investments@orangetee.com Alex Oh211 words
-
-
Page 31 Advertisements
-
Advertisement93 2012-04-24 31 Freehold Residential Site At Upper Bukit Timah •Sits on elevated grounds •Site Area 14,035.3 sq m (151,075 sq ft) •MP 2008 Residential, PR 1.4, 5-sty •Within 1 km to Pei Hwa Presbyterian Primary School •Walking distance to Beauty World MRT Station, completing by 2015 •No development charge payable Not To93 words
-
Advertisement267 2012-04-24 31 1 ill I ill ill ii SAMSUNG HUB Premium Strata Office For Sale Prestigious Raffles Place office floors 999 years leasehold Approx. 200 metres to Raffles Place MRT Station Excellent floor to ceiling height Good car parking (177 lots) Large floor plate with regular layout 4 strata units per floor267 words
-
Advertisement18 2012-04-24 31 GREAT OPPORTUNITY FOR INVESTMENT HOME OWNERSHIP •V Belvedere Sole Agent 3 Rm/1260 sqft/FH Vacant/Greenery View/Balcony Adam 9668 621818 words
-
-
Page 32 Advertisements
-
Advertisement1095 2012-04-24 32 Advertising Feature Iconic Waterside. So much more THE PUMP HOUSE, LONDON 'm HSk l i I t I 1 Its prime location by the River Thames, well-connected transport links and proximity to leisure, convention centre, exhibition and commercial hubs makes The Pump House one of London's most attractive new residential1,095 words
-