The Business Times, 14 July 2012
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2012-07-14
1
20
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section20 2012-07-14 1 weekend THE BUSINESS TIMES www. usinesstimes.com. g| JULY 14-15, 2012 S$1.00| MICA (P) 121/08/2011 spi A SINGAPORE PRESS HOLDINGS PUBLICATION20 words
-
40 2012-07-14 1 MAINLAND STRESS CHINA’S growth slowed for a sixth quarter to the weakest pace since the global financial crisis, putting pressure on Premier Wen Jiabao to boost stimulus to secure a second-half economic rebound. 240 words
-
33 2012-07-14 1 FRESH HIRING COME Aug 6, Wu Choy Peng once the Singapore government’s chief information officer will fill the group CIO post at Singapore Telecommunications, BT has learnt. 433 words
-
Article39 2012-07-14 1 HEAVY DUTY THOMAS and Raymond Kwok, the co-chairmen of Sun Hung Kai Properties, and Rafael Hui, Hong Kong’s former No 2 public official, are caught up in a bribery probe of Asia’s largest developer. 639 words
-
37 2012-07-14 1 PROPERTY TILL Parc Olympia at Flora Drive is going for an average price of $820 per square feet while Haus@Serangoon Garden is fetching $2.4-2.7 million for intermediate terrace houses. 3537 words
-
Article, Illustration846 2012-07-14 1 Emilyn Yap; Kenneth Foo - Singapore faces risk of technical recession in the third quarter: economists By Emilyn Yap emilyny@sph.com.sg With additional reporting by Kenneth Foo Singapore THE Republic’s economy performed worse than expected in both the second and first quarters, igniting talk of a looming technical recessionSource: Ministry of Trade and Industry - 846 words
-
981 2012-07-14 1 Joyce Hooi - By Joyce Hooi joyceh@sph.com.sg Singapore SINCE the trains ground to a halt last December, other firms have had little opportunity to wallow in schadenfreude as they scurry to avoid becoming the next SMRT. Against the backdrop of SMRT’s public grilling, firms981 words
-
Page 1 Advertisements
-
Advertisement34 2012-07-14 1 the business www. usinesstimes.com. THE RAFFLES CONVERSATION ALEC REED, FOUNDER OF REED GLOBAL 10-11 MOTORING The Toyota 86: a blend of raw and refined L18 LIVING Japanese eateries give traditional favourites a spin L2-534 words
-
Advertisement6 2012-07-14 1 WEALTH Keeping the faith inequities 30-316 words
-
-
TOP STORIES
-
676 2012-07-14 2 Lower figure of 7.6% highlights need for Beijing to boost economic stimulus to produce rebound in second half Bloomberg Reuters Beijing CHINA’S growth has slowed for a sixth quarter to the weakest pace since the global financial crisis, putting pressure on PremierBloomberg; Reuters - 676 words
-
MARKETS
-
Article60 2012-07-14 2 GSTI 2,995.56 (+23.52) GSTI FUTURES 2,993 (+23) GSIMSCI 344.13 (+3.09) GSIMSCI FUTURES 344.30 (+3.00) Friday Change Friday Change KL COMP 1,626.38 +0.89 NIKKEI 225 8,724.12 +4.11 HANG SENG 19,092.63 +67.52 SET 1,210.29 +17.16 JAKARTA 4,019.67 +35.55 MANILA 5,214.52 +9.33 KOSPI 1,812.89 +27.50 SHENZHEN B 628.14 -0.81 MUMBAI IND 17,213.7060 words
-
Article30 2012-07-14 2 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.705 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.52 INDIA 14.75 Source: Bloomberg Bloomberg30 words
-
Article48 2012-07-14 2 us$ s$ US$ (S$ per US$) 1.270 (US$/S$ per 1.544 1.960 EURO(US$/S$/E) 1.220 1.549 Foreign currency per US$ S$ YEN 79.30 62.50 RM 3.187 2.510 HK$ 7.757 6.109 BAHT 31.76 25.01 RUPIAH 9,478 7,465 RENMINBI 6.381 5.026 INDIAN RUPEE 55.40 43.63 A$ 0.984 0.775 NZ$ 1.262 0.99448 words
-
-
Article, Illustration470 2012-07-14 4 Joyce Hooi - Former government IT head honcho leaves NOL to lead telco’s digital revolution By Joyce Hooi joyceh@sph.com.sg Singapore SINGTEL is adding to its personnel arsenal someone who used to be the high-est-ranking IT honcho in the land. Come Aug 6, Wu Choy Peng once the Singapore470 words
-
Article454 2012-07-14 6 Modest rise of 0.1% indicates Fed doesn’t have to worry about inflation in near term LATEST US DATA Reuters Washington US producer prices rose only slightly in June as energy costs dropped, suggesting inflation pressures remain muted and leaving the door open for moreReuters - 454 words
-
Article, Illustration799 2012-07-14 6 Reuters Hong Kong THOMAS and Raymond Kwok, the billionaire co-chairmen of Sun Hung Kai Properties, and Rafael Hui, Hong Kong’s former No 2 public official, were charged yesterday in a bribery investigation surrounding Asia’s largest developer. The Sun Hung Kai probe, Hong Kong’sReuters; AFP - 799 words
-
340 2012-07-14 6 AP New York JPMorgan Chase, the largest bank in the United States, said yesterday that its loss from a highly publicised trading blunder had grown to US$4.4 billion in the most recent quarter, more than double the bank’s original estimate of US$2AP - 340 words
-
Article, Illustration542 2012-07-14 7 Michelle Tan - She says assets transferred out not owned by the firm By Michelle Tan michtyz@sph.com.sg Singapore FASHIONISTA Tina Tan-Leo has hit back at liquidators who had accused her of transferring assets from the now-defunct boutique Living The Link to her otherFILE PHOTO - 542 words
-
277 2012-07-14 7 Singapore IN a bid to cope with increasing business volume and boost its supply chain, NTUC FairPrice will be pumping $350 million into a new high-tech distribution centre in Benoi. Ng Ser Miang, FairPrice chairman, revealed the supermarket chain’s new plans at277 words
-
Article, Illustration633 2012-07-14 8 Joyce Hooi - SATURDAY SOAPBOX Joyce Hooi joyceh@sph.com.sg Correspondent IF you’ve ever wondered why large corporations can be staffed by people thousands of them and yet fail to sound even remotely human in their missives to the unwashed masses, there is hope yet. Where sounding human633 words
-
Article, Illustration373 2012-07-14 8 Bloomberg Farnborough, England AIRLINES from Asia and the Middle East occupy the top 10 positions in this year’s ranking of service standards from industry pollster Skytrax, stretching their lead over carriers from more mature economies. Qatar Airways Ltd was rankedBloomberg; AP - 373 words
-
-
Page 2 Advertisements
-
Advertisement60 2012-07-14 2 CONTENTS NEWS Top Stories 2-8 Week in Review 9 Raffles Conversation 10-11 Companies 12-15 From The Desk Of 16 Singapore 17-18 World 19-22 Stocks Stats 23-27 Perspective 28-29 Wealth 30-35 Investing 32-33 House Hunt 34 Real Estate 35 LIVING Dining L2-5 Shopping L6-7 Style L8-9 Home Garden L10-11 Design L12-1360 words
-
-
Page 3 Advertisements
-
Advertisement62 2012-07-14 3 B V LG A R I V m o i 1 r i m sr a m w- S& v i v BOUTIQUES TAKASHIMAYA DEPARTMENT STORE 65 6735 6689, HILTON HOTEL 65 6737 1652 THE SHOPPES AT MARINA BAY SANDS 65 6634 8313 UTHORIZED RETAILERS CORTINA WATCH DICKSON WATCH L62 words
-
-
Page 4 Advertisements
-
Advertisement40 2012-07-14 4 i/v/V JACKPOT Estimated Draw on Mon, 16 Jul 2012 at 6.30pm at PoMo For details, visit www.singaporepools.com.sg Ip Yri) Always play with care. [responsibiyj Do not bet illegally. RGB Reg No; *****0202G Towards Community Purpose and Benefit SINGAPORE m POOLS40 words
-
-
Page 5 Advertisements
-
Advertisement244 2012-07-14 5 A STRAITS TIMES APPRECIATES READERS EVENT D FINAL CALL TO SIGN UP! 6.30pm Sunday, July 15 2012, GARDENS BY THE BAY $67 for The Straits Times Readers (Usual Price $75) <S II 4 Vi N y. d Taufik Batisah Tanya Chua Boys Like Girls 4Minute > xt FREE TICKETS to244 words
-
-
Page 7 Advertisements
-
Advertisement196 2012-07-14 7 SUMMER MADNESS AT THE BRITISH CLUB We enjoy our summers so much, we wont to share it with you. Take up any of our lifetime memberships and relish savings of over $3,000 today. Each membership is for the entire family and this offer is available for a limited time only.196 words
-
-
WEEK IN REVIEW
-
THIS WEEK July 9-13, 2012
-
Article64 2012-07-14 9 Reits a look beyond the yields SINCE they were launched 10 years ago, real estate investment trusts (Reits) in Singapore have earned a reputation as a defensive asset that pays out regular dividends. Data compiled by BT show that despite market volatility over the years, investors who put their money64 words
-
48 2012-07-14 9 THE Internet has been in a tizzy since late last week, after the FBI issued its final deadline before it switches off a ring of servers running malicious code on Monday. The US agency took control of the DNSChanger botnet last November.48 words
-
77 2012-07-14 9 THE raft of dismal US corporate earnings pointing to lacklustre growth may not be a sobering prelude to Asia’s earnings performance, or weigh too heavily on equity market sentiment, some analysts say. In particular, a report by Citi Research noted that Singapore,77 words
-
54 2012-07-14 9 CAPITALAND will “exchange” several properties with its own unit, Ascott Residence Trust (Ascott Reit) in the coming months via a series of acquisitions and divestments. Ascott Reit’s Somerset Grand Cairnhill Singapore property, located along Orchard Road, is set to be sold to Capitaland for54 words
-
57 2012-07-14 9 WHEN Singapore gets it own yuan clearing bank, bankers not only expect business volumes to shoot up but also other sectors to benefit. More companies and banks could open their offices or step up operations here, if Hong Kong’s experience as an offshore57 words
-
50 2012-07-14 9 FIRST, higher levies and stricter work pass conditions made it harder for foreigners to work here. Now, foreigners will also find it tougher to keep their families here, under a new rule announced on the Ministry of Manpower website on Monday.50 words
-
Article, Illustration94 2012-07-14 9 TRAIN operator SMRT’s maintenance regime had shortcomings, but both the Ministry of Transport, as the supervising ministry, and the Land Transport Authority, as the regulator, have to shoulder their share of the responsibility for the service disruptions last December, Transport Minister LuiFILE PHOTO - 94 words
-
49 2012-07-14 9 THE huge space that banking giant Citi left behind when it vacated Centennial Tower for Asia Square late last year has almost been filled. Meanwhile, other major office leasing deals are brewing as this segment has remained resilient despite dire predictions.49 words
-
67 2012-07-14 9 LONDON’S already busy Heathrow airport is bracing itself for its biggest-ever passenger volumes on Aug 13, 14 and 15 as 80 per cent of all athletes, officials and media depart the British capital after the London 2012 Olympic and Paralympic Games. Just during67 words
-
64 2012-07-14 9 THE US economy is losing steam and Federal Reserve officials are prepared to act if things get worse but not just yet, the minutes of its June policy meeting showed. Few Fed officials were prepared to support immediate action to ease monetary64 words
-
47 2012-07-14 9 RIDING a wave of robust investor interest, Malaysia’s IHH Healthcare has priced its shares at RM2.80 the higher end of an indicative range. The Singapore portion of the US$2 billion initial public offering has been set at S$1.113.47 words
-
-
Article83 2012-07-14 9 US DATA July 16 June retail sales July 17 June consumer price index June industrial production July home builders’ index July 18 June housing starts Federal Reserve Beige Book July 19 June existing home sales June leading indicators SINGAPORE DATA July 17 June merchandise trade83 words
-
-
Page 9 Miscellaneous
-
Miscellaneous307 2012-07-14 9 Across 3 Peers go out together in a London suburb (5,5) 8 Relative in Quantico (US Intelligence) (6) 9 Flighty Sudanese ballet performer (8) 10 Digested notice about card game (8) 11 Undergraduate ultimately failing to pass (6) 12 Amends plans? Not initially (10) 14 Remaining financial record showing extravagance307 words
-
Miscellaneous15 2012-07-14 9 SATURDAY with Ludwig ‘Right, you could get a tip and all I’ll have are compliments15 words
-
-
THE RAFFLES CONVERSATION
-
Article, Illustration2516 2012-07-14 10 / 11 Benjamin Tan - lec Reed, the founder of Reed, credits Lady Luck, business savvy and a ‘keen interest in people’ for a fulfilling career. By Benjamin Tan By Benjamin Tan bentyk@sph.com.sg ALEC Reed has a rather unorthodox belief in luck, which he was quick to reveal some 10 minutes into theYEN MENG JIIN - 2,516 words
-
-
COMPANY NEWS
-
274 2012-07-14 12 Jasmine Ng - By Jasmine Ng jasng@sph.com.sg Singapore GOLFING equipment firm Transview Holdings is diversifying into the property sector, taking a 10 per cent stake in a new firm set up by property development company Santarli Corporation. The new company will develop a274 words
-
Article519 2012-07-14 12 Jamie Lee - Creditable show by media, property businesses but results hit by lower investment income By Jamie Lee leejamie@sph.com.sg Singapore SINGAPORE Press Holdings (SPH) saw a creditable performance from its media and property businesses for the third quarter ended May 31 but a sharp drop519 words
-
Article477 2012-07-14 12 Glenn Choo - By Glenn Choo gchoo@sph.com.sg Singapore JB Foods, a major cocoa ingredient producer in Malaysia, has launched an initial public offering (IPO) of 100 million shares comprising 84 million new shares and 16 million vendor shares at 30 cents each on the Singapore Exchange (SGX) mainboard.477 words
-
235 2012-07-14 12 Bloomberg Singapore GUAN Chong Bhd, the Malaysian cocoa processor pursuing a secondary listing in Singapore, is considering selling a stake to another company instead, said four people with knowledge of the matter. The Pasir Gudang, Johor-based company has been approached byBloomberg - 235 words
-
264 2012-07-14 13 Units sold at 88 cents apiece, at low end of range, say sources Bloomberg Singapore ASCENDAS’s Ascendas Hospitality Trust raised $770 million in Singapore’s biggest initial public offering this year, two people with knowledge of the matter said. The Singa-pore-based business trust sold unitsBloomberg - 264 words
-
240 2012-07-14 13 Lynn Kan - By Lynn Kan lynnkan@sph.com.sg Singapore JAYA Holdings continues to build on its order momentum this year, announcing yesterday contracts worth some US$84 million. In May, Jaya bagged US$108.4 million in term charter contracts for seven of its offshore support vessels. The latest240 words
-
Article, Illustration1043 2012-07-14 14 R Sivanithy - STOCKS R Sivanithy sivan@sph.com.sg Senior correspondent ON THE macro front, the week was all about a wave of slowing global growth from the United States to Europe and now to Asia via a slowing Korea, China, Japan and Australia. The wave’s effect1,043 words
-
Business briefing
-
88 2012-07-14 14 SINGAPORE Exchange (SGX) is offering SGX S&P CNX Nifty Options from Monday. “This latest product partnership between SGX and National Stock Exchange of India (NSE) enhances offshore investors’ access to the Indian economy,” said SGX. The Nifty Options add to SGX’s suite of88 words
-
68 2012-07-14 14 HEALTHWAY Medical Corp has proposed to change its auditors to Pricewa- terhouseCoopers from KPMG. “At the request of the company, KPMG had given notice of their resignation on July 10,” said Healthway. “The resignation of KPMG will take effect upon the appointment of68 words
-
64 2012-07-14 14 Former SMRT chief executive Saw Phaik Hwa has been appointed as a non-execu-tive, non-independent director of foodcourt operator Food Junction Holdings. She was nominated by Auric Pacific Group. Ms Saw is CEO of Auric, which is a majority shareholder in Food Junction. She64 words
-
62 2012-07-14 14 CHINA Print Power Group warned that the group expects to sink into the red for the six-month period ended June 30, 2012, compared to a year ago when it recorded a profit. The company attributed the loss to higher62 words
-
50 2012-07-14 14 SHAREHOLDERS of Ultro Technologies have approved a reverse takeover deal that will give construction and infrastructure company Ley Choon Construction and Engineering a backdoor listing. Following the deal, valued at $110 million, Ultro will be renamed Ley Choon Group Holdings Ltd.50 words
-
104 2012-07-14 14 HOTEL Grand Central said it has awarded a $101.38 million contract to Sato Kogyo (S) for the redevelopment of an existing hotel at 22 Cavenagh Road. The contract is for the demolition of the ageing hotel, piling work and construction of104 words
-
-
339 2012-07-14 15 Kenneth Foo - Contracts with Sea Hub Tankers valued at $29.4m, including sale of a bunker vessel By Kenneth Foo kenfoo@sph.com.sg Singapore CATALIST-LISTED ES Group (Holdings) has revised a chartering agreement for a bunker vessel with Sea Hub Tankers. In a joint announcement yesterday on the amended339 words
-
306 2012-07-14 15 Teo Si Jia - By Teo Si Jia teosj@sph.com,sg Singapore IN ITS first project outside of China, clean energy company C&G Environmental Protection Holdings Limited will be the first player to establish Waste-to-Energy (WTE) facilities in Thailand. The 900 million baht (S$36 million) WTE plant in Nong306 words
-
392 2012-07-14 15 Reuters Mumbai US private equity firm Bain Capital is in advanced talks with the Government of Singapore Investment Corp (GIC) to make a joint bid for a 40 per cent stake in IT outsourcing company Genpact forReuters - 392 words
-
Article, Illustration432 2012-07-14 15 Reuters Toronto/New York FINAL approval of a bid for the operator of the Toronto Stock Exchange opens the door to a bigger role for the new entity in the global exchange industry, with expanding into US markets apparently first onReuters - 432 words
-
-
Page 13 Advertisements
-
Advertisement1612 2012-07-14 13 ELEKTROMOTIVE GROUP LIMITED (Registration Number *****7135Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ELEKTROMOTIVE GROUP LIMITED will be held at The National University of Singapore Society (NUSS) Suntec City Guildhouse, 3 Temasek Boulevard, #05-001, Suntec City Mall, Singapore *****3, on Monday, 301,612 words
-
-
FROM THE DESK OF
-
Article, Illustration534 2012-07-14 16 Olivier Carcy - As fund managers increasingly seek to invest in small- and mid-sized companies, private equity has rediscovered the quintessential sustainable value creation model FROM THE DESK OF Olivier Carcy Head of Private Equity Credit Agricole Private Banking ACCORDING to Preqin, a research firm focusing on the private equitySource: Preqin - 534 words
-
-
SINGAPORE NEWS
-
Article, Illustration525 2012-07-14 17 Kenneth Foo - Chugai will commit $200m in anti-body research over the next five years By Kenneth Foo kenfoo@sph.com.sg LEADING Japanese drug maker Chugai Pharmaceutical has set up Singapore’s first corporate laboratory to develop anti-body drugs. Chugai, the maker of rheumatoid arthritis treatment drug525 words
-
417 2012-07-14 17 Glenn Choo - By Glenn Choo gchoo@sph.com.sg THE Workforce Development Agency (WDA) will be pumping $8.3 million into two programmes over the next three years to attract local talent and raise productivity in Singapore’s process and biomedical sciences (BMS) industry. The Development and Apprenticeship (DNA) programme417 words
-
315 2012-07-14 17 April Chye - By April Chye capril@sph.com.sg THE National Research Foundation (NRF) will soon have a new boss. Low Teck Seng will leave his position as managing director of the Agency for Science, Technology Research (A*Star) and assume the315 words
-
Article, Illustration435 2012-07-14 18 Felda Chay - Some caught moonlighting, others misusing firm’s client database By Felda Chay feldac@sph.com.sg ECG Property is considering firing 56 of its agents who may have run afoul of regulations set by estate agency watchdog, the Council for Estate Agencies (CEA). ECG chief executive officerFILE PHOTO - 435 words
-
254 2012-07-14 18 April Chye - By April Chye capril@sph.com.sg HOMEGROWN online marketing and advertising agency clickTRUE has drawn an undisclosed amount in Series A funding from Indonesian technology venture capital fund Nusantara Ventures. A specialist in search and conversion strategies to help brand owners strategise, design and build254 words
-
303 2012-07-14 18 Lynn Kan - By Lynn Kan lynnkan@sph.com.sg JURONG Port will jointly own, manage and operate Yangpu Port, which serves the Yangpu Economic Development Zone, one of China’s largest special economic zones, on Hainan island. The concession period for the existing multi-purpose port will be 50303 words
-
-
Page 17 Advertisements
-
Advertisement21 2012-07-14 17 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices I WATS NOTICES CLA/FEB1 1/g21 words
-
-
Page 18 Advertisements
-
Advertisement12 2012-07-14 18 www.omy.sg o, > M a* S"* eft ryf m i m W hfeslyle.omy.sg12 words
-
-
WORLD
-
663 2012-07-14 19 Bankers point to political environment, cash-rich firms, attractive valuations in oil, gas, mining Bloomberg Hong Kong CHINA’S once-a-decade leadership change later this year sets the stage for a rebound in overseas takeovers by companies armed with record amounts of cash. Acquisitions abroad byBloomberg - 663 words
-
Article, Illustration384 2012-07-14 19 Bloomberg Beijing CHINA Development Bank Corp (CDB), the state-owned lender charged with strengthening the country’s competitiveness, is providing more than US$1 billion to help smaller companies leave the US stock market. The nation’s biggest policy lender has offered funding so thatBloomberg; BLOOMBERG - 384 words
-
387 2012-07-14 19 Reuters New Delhi INDIA’S exports fell nearly 5.5 per cent in June due to weak demand from Europe and the United States, a trade ministry official said, adding pressure on Asia’s third-largest economy. Imports also fell sharply, however, thanks in partReuters - 387 words
-
Article, Illustration562 2012-07-14 20 Lower oil prices and new signs of life from sectors like automobiles and housing prompt latest predictions NYT Washington DESPITE the recent run of disappointing economic data, a broad range of experts and forecasters expect the economy to improve slightly in theNYT; AFP - 562 words
-
Article, Illustration564 2012-07-14 21 The then-Fed bank chief suggested six ways to improve Libor’s credibility Reuters Washington US Treasury Secretary Timothy Geithner pressed the Bank of England (BOE) in June 2008 to make changes in the way that Libor, a key interest rate benchmark, was set, accordingReuters; BLOOMBERG - 564 words
-
Article, Illustration375 2012-07-14 21 Reuters Bangkok A THAI court yesterday rejected charges that constitutional amendments proposed by the ruling party threatened the revered monarchy, but ruled that a referendum was needed for a rewrite of the charter. The decision should ease political tensions that have spiralledReuters - 375 words
-
281 2012-07-14 21 Reuters New York A GROUP of 11 global banks linked to the London Interbank Offered Rate (Libor) scandal may face US$14 billion in regulatory and legal settlement costs till 2014, according to estimates by Morgan Stanley analysts. Taking into account the damping effectReuters - 281 words
-
Article, Illustration719 2012-07-14 22 Country’s three-year borrowing costs go below 5%; US agency lowers debt rating to Baa2 Reuters Milan ITALY passed a tough market test yesterday as its three-year borrowing costs fell well below 5 per cent at an auction, hours after Moody’s cutReuters; REUTERS - 719 words
-
340 2012-07-14 22 Reuters Madrid SPANISH mobile phone firms lost a quarter of a million clients in May, led by customers ditching the biggest players Telefonica and Vodafone after the two cut smartphone subsidies, the country’s telecoms regulator said yesterday. The figures indicated aReuters - 340 words
-
378 2012-07-14 22 Bloomberg London ITALY and Ireland have more incentive to quit the euro than Greece, while Germany may have limited room to prevent departures from the currency union, according to Bank of America Merrill Lynch. Using cost-benefit analysis and game theory, BofABloomberg - 378 words
-
-
Page 20 Advertisements
-
Advertisement517 2012-07-14 20 THE POWER OF EFFECTIVE BRANDING, SELLING THINKING STRATEGIES Who should attend: Senior Management and Professionals in Brand Management, Public Relations Advertising, Sales Marketing, Business Development, Entrepreneurs and individuals looking to market and brand their identity Register at www.stjobs.sg/seminars FULL-DAY WORKSHOPS FULL-DAY SEMINAR Critical Thinking Sun Tzu’s Art of War Style517 words
-
-
Article8004 2012-07-14 23 Transaction date: Jul 13 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 15.5 11.5 8Telecom 14 13.8 14.2 66.8 0.4 3.4 67 7.1 3.5 A-Sonic 4.5 +0.3 156 4.5 4.2 4.5 4.6 2.9 32.28,004 words
-
Article1758 2012-07-14 26 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 34 12.1 t 800 Super 18.1 unch 100 18.1 18.1 18.1 18.2 4.7 3 7 32.4 4 2.5 t AA Grp 3.6 2.9 3.9 3.51,758 words
-
Article186 2012-07-14 26 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 4 4 0 0 0 8 4 4 Manufacturing 51 36 42 6 5 10 57 41 52 Commerce 23 14 23 5 1 3 28 15 26 Tpt/Stor/Comms 16 10 15186 words
-
Article764 2012-07-14 26 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Jul 9 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Pacific Century 12-Jul-12 Jason Fedder *-102 0.17 *****35 75.79 *****37 75.80 Pacific Century 12-Jul-12 Jenny Fung *-102764 words
-
Article123 2012-07-14 26 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 16,435 16,435 67,181 67,181 Manufacturing 273,713 94,245 367,958 160,988 5,123 166,111 Commerce 606,536 4,168 610,704 131,501 463 131,964 Tpt/Stor/Comms 93,499 14,000 107,499 164,162 3,905 168,066 Finance 46,444 4,010 50,454 145,863 1,730 147,593 Construction 61,985 1,447123 words
-
MARKETS
-
Article80 2012-07-14 27 Jul 12 COCOA (£/tonne) Close Prev High/Low Jul 12 1540 1607 1575/1540 Sep 12 1520 1596 1567/1519 Dec 12 1515 1579 1554/1513 Mar 13 1503 1555 1538/1501 COFFEE(US$/tonne) Close Prev High/Low Jul 12 2012 2020 2020/2000 Sep 12 2013 2021 2020/2000 Nov 12 2023 2032 2026/2011 Jan 13 201380 words
-
Article69 2012-07-14 27 Jul 13 GOLD(US$/oz) Jul 12 Jul 13 Hong Kong 1578.00 1586.50 Jul 13 Jul 11 Jul 12 London 1574.30 1560.40 1575.05 1561.15 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 34.75 34.09 Source: UOB PLATINUM/ Lon (US$/oz) Jul 12 Close Previous PM Fix 1410.00 1420.00 AM Fix 1412.0069 words
-
Article53 2012-07-14 27 Jul 13 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 12 2997.0 1418 Aug 12 3024.0 3013.0 3059.0 3012.0 1185 9275 Sep 12 3017.0 3012.0 3067.0 3015.0 ***** ***** Oct 12 3027.0 3023.0 3074.0 3021.0 8981 *****53 words
-
Article90 2012-07-14 27 Jul 13 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 11-Oct-12 0.26 6-Month BS*****F 10-Jan-13 0.26 1-Year BY*****T 02-May-13 0.25 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.13 5-Year N*****0Z 2.375 01-Apr-17 109.3590 words
-
Article154 2012-07-14 27 Jul 13 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2904 1.2914 1.0164 1.0169 Canadian dollar 1.2481 1.2485 0.9832 0.9831 Euro 1.5488 1.5493 1.2199 1.2200 NZ dollar 1.0050 1.0065 0.7916 0.7926 Sterling pound 1.9596 1.9605 1.5435 1.5438154 words
-
Article, Illustration141 2012-07-14 27 As on 12 July 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT AUG2012 1572.80 1555.10 1565.40 922 INDIA GOLD (E-GOLD) FUT AUG2012 525.05 520.20 521.60 353 GOLD FUT OCT2012 1575.10 1558.90 1567.70 47 CURRENCY EUR-USD FUT SEP2012 1.2253 1.2178 1.2195 2493141 words
-
Article103 2012-07-14 27 Jul 12 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Jul 12 1625.75 1623.00 1645.00 1612.50 Aug 12 1572.50 1571.50 1589.00 1559.25 Sep 12 1545.50 1540.75 1559.25 1529.00 Nov 12 1529.00 1522.50 1542.50 1510.50 SOYBEAN/OIL(60,000 lbs; USc/lb) Close Previous High/Low Jul 12 53.15 53.62 53.57 53.15103 words
-
Article68 2012-07-14 27 Jul 12 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 98.82 -0.09 WTI (Near Mth) 85.89 -0.22 Dubai (1-Mth F) 96.18 0.10 Tapis blend 101.89 0.15 Minas 102.49 0.15 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 89.94 0.50 Jet Kerosene 114.51 -0.20 US$/barrel OpecOil Basket Price 97.4168 words
-
Article118 2012-07-14 27 Jul 13 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.318 1.256 Can dollar 1.275 1.215 Euro 1.586 1.511 Sterling pound 1.997 1.921 NZ dollar 1.032 0.983 US dollar 1.290 1.241 Local dollars to 100 units of foreign currency: Currencies Sell118 words
-
Article69 2012-07-14 27 Jul 12 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1849.50 1867.00 3 months 1882.00 1901.00 Copper, Grade A (US$/tonne) Cash 7573.50 7548.00 3 months 7555.00 7540.00 Lead (US$/tonne) Cash 1845.50 1855.75 3 months 1856.00 1868.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
-
373 2012-07-14 27 In local curr In S$ In US$ dy yr dy yr dy yr Jul 12 Index Change Change Change Change Change Change World Preliminary 856.9 -0.9 3.3 -0.4 0.0 -1.1 1.9 EAFE Preliminary 690.9 -1.0 1.3 -0.7 -3.8 -1.4 -1.9 Europe Preliminary 1032.6 -0.9 0.6373 words
-
Article, Illustration107 2012-07-14 27 Straits Times Index YTD change:+13.20% 52-week high: 3,227.28 on Aug 1,2011 52-week low: 2,521.95 on Oct 5,2011 Source: Bloomberg Hang Seng Index YTD change: +3.57% 52-week high: 22,808.33 on Aug 1,2011 52-week low: 16,170.35 on Oct 4,2011 Source: Bloomberg Dow Jones Industrial Average YTD change: +2.91% 52-week high:Source: Bloomberg - 107 words
-
-
PERSPECTIVE
-
Article, Illustration951 2012-07-14 28 / 29 Filippo Sarti - Reducing commute time benefits both workers and businesses, some recent studies discover. By Filippo Sarti By Filippo Sarti ~The writer is CEO of Regus Asia, a provider of flexible workplaces. A FRUITLESS limbo between personal and work time, it is not surprising that commuting is regardedBLOOMBERG - 951 words
-
862 2012-07-14 28 / 29 Neeta Lal - By Neeta Lal ~The author is a New Delhi-based senior journalist WHEN Prime Minister Manmohan Singh recently quoted the great economist of the last century John Maynard Keynes, to talk about reviving the “animal spirits” of the economy on taking862 words
-
-
Wealth30
-
WEALTH INVESTING
-
Article, Illustration1339 2012-07-14 30 / 31 Genevieve Cua - Heightened risk aversion has led to massive outflows, leaving Legg Mason Capital CIO Sam Peters the tough task of steering a value fund through the storm Genevieve Cua gen@sph.com.sg Personal Finance Editor THAT investments in quality stocks at low valuations should pay off at someSource:; BLOOMBERG - 1,339 words
-
Article671 2012-07-14 30 / 31 Jamie Lee - Compiled by Jamie Lee Asean Gaming Citi Investment Research, July 12 UPGRADING Genting Singapore to “neutral”: Genting Singapore is currently trading at an all-time low of about 8.5 times 2013E EV/Ebitda multiple (based on consensus earnings). While we expect our competition will continue to cut estimates to closer671 words
-
Article, Illustration1515 2012-07-14 32 They’re emerging as a powerful new force in the marketplace, using their size and scope to extract lower supplier prices NYT New York A SINGLE company purchased more than 50,000 Hewlett-Packard computers last year, buying in bulk to shave millions of dollars offNYT; STOCK.XCHNG - 1,515 words
-
Article, Illustration1019 2012-07-14 33 Amitava Neogi - Reducing strong performers locks in their gains and allows you to move funds to restore your original asset allocation WEALTH INSIGHTS Amitava Neogi Morgan Stanley Private Wealth Management, India ~The writer is a senior adviser at Morgan Stanley Private Wealth Management, India.AFP - 1,019 words
-
-
WEALTH REAL ESTATE
-
Article, Illustration351 2012-07-14 34 Jasmine Ng - It will take 60% stake in $70m joint venture development to build 260 apartments in CBD By Jasmine Ng jasng@sph.com.sg Singapore KEPPEL Land and Sri Lankan firm CT Properties have formed a joint venture to develop highend condominium residences on a prime351 words
-
Article641 2012-07-14 34 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN JUNE 13 AND JUNE 19, 2012 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 3 NON-LANDED Ascentia Sky Apt 13/06/2012 99 1475 2322 1574 District 4 LANDED Sentosa Cove X-Det 14/06/2012641 words
-
Article, Illustration779 2012-07-14 35 Kalpana Rashiwala - Parc Olympia, Haus@Serangoon Gardens draw warm reception at launch By Kalpana Rashiwala kalpana@sph.com.sg Singapore KOH Brothers is said to have sold about 80-plus of the 118 units it released at Parc Olympia at Flora Drive on Thursday evening at an average price779 words
-
247 2012-07-14 35 Kenneth Lim - By Kenneth Lim kenlim@sph.com.sg Singapore THE owners of two adjoining shophouses in Chinatown are putting up the conservation units for sale with an indicative price of $12-13 million, says property consultant Knight Frank. The 3.5-storey units are at 36 and 38 Pagoda Street, on247 words
-
-
-
Page 36 Advertisements
-
Advertisement132 2012-07-14 36 TO BREAK THE RULES, YOU MUST FIRST MASTER THEM. THE WATCH THAT BROKE ALL THE RULES, REBORN FOR 2012, IN 1972, THE ORIGINAL ROYAL OAK SHOCKED THE WATCHMAKING WORLD AS THE FIRST HAUTE HOROLOGY SPORTS WATCH TO TREAT STEEL AS A PRECIOUS METAL, TODAY THE NEW ROYAL OAK COLLECTION STAYS132 words
-
-
Page 1 Advertisements
-
Advertisement62 2012-07-14 1 LivingBTTHE BUSINESS TIMES WEEKEND JULY 14 -15 2012 SHOPPING House party L6-7 NIPPON MADE NEW Japanese eateries give traditional favourites a spin L2-5 PERSONAL SPACE The gift of visualisation L10-11 HONEY-SPICED SMOKE DUCK PHOTO: 81 DUXTON STYLE Art couture L8-9 HEALTH Easier on the eye L15 GOLF Most ‘open’ British62 words
-
-
BT Living
-
DINING
-
Article, Illustration4117 2012-07-14 2 / 3 Debbie Yong; Tan Teck Heng - The latest trend in Japanese dining is to be, well, not so Japanese. Established restaurant groups from Japan are making first forays into Singapore with brand new concepts and twists on traditional favourites. By Debbie Yong debyong@sph.com.sg By Tan Teck Heng thtan@sph.com.sg IN a market already wellBENE SPAGHETTI AND WHARF OYSTER BAR & GRILL PHOTOS: DEBBIE YONG; THE JUBAN STAND PHOTOS: DEBBIE YONG; JUBAN - 4,117 words
-
-
SHOPPING
-
Article, Illustration1880 2012-07-14 6 / 7 Tan Teck Heng; Tay Suan Chiang - BT Weekend finds out how upmarket homeware companies bank on well curated ‘Tupperware parties’ to spread the word on everything but the kitchen sink By Tan Teck Heng thtan@sph.com.sg By Tay Suan Chiang taysc@sph.com.sg Clients up close Zwiesel 1872 Boutique 40 Club StreetZ6324-2931 www.zwiesel-1872.com Hours: 11am 7pm (Tue-Fri);PHOTOS: ZWIESEL; PHOTOS: YEN MENG JIIN, SMEG - 1,880 words
-
-
STYLE
-
Article, Illustration862 2012-07-14 8 / 9 Daniel Goh - This season, fashion houses pay tribute to craftsmen with collections that are rich in detail and embellishment. By Daniel Goh By Daniel Goh btnews@sph.com.sg WHAT is haute couture? An elitist, elaborate (900 hours of embroidery by hand for one item is common) and ultra-expensive wardrobe for very richPHOTOS: REUTERS; PHOTOS: AP, AFP - 862 words
-
Article, Illustration383 2012-07-14 8 / 9 Daniel Goh - By Daniel Goh btnews@sph.com.sg TAKE one dotty, but very famous artist. Add one of the most successful luxury brands in the world. Combine the two and you have an upscale shopping concept that marries the iconic work of artist Yayoi Kusama and the craftsmanship383 words
-
-
HOME & GARDEN
-
Article, Illustration1143 2012-07-14 10 / 11 Tay Suan Chiang - Despite having no training in interior design, veterinarian Jean Paul Ly designed most of his Zen, Oriental themed home himself. By Tay Suan Chiang personal space By Tay Suan Chiang taysc@sph.com.sg AT ANY given time during the day, the roar of traffic can be heard byPHOTOS: YEN MENG JIIN - 1,143 words
-
-
DESIGN
-
Article, Illustration1365 2012-07-14 12 / 13 Jaime Ee - Warm and personable staff of the Bulgari hotel in London, the latest addition to the luxury accommodation scene, eschew uppercrust airs to make you feel right at home. By Jaime Ee By Jaime Ee Bulgari Hotel Residences London 171 Knightsbridge, SW7 1DW Z0207 151 1010 THE guyPHOTOS: ARCAID PICTURE LIBRARY - 1,365 words
-
-
GADGETS
-
Article, Illustration729 2012-07-14 14 Christopher Lim - These Bluetooth gadgets keep the tunes, and calls, flowing without the tether of cables. By Christopher Lim Jawbone Icon HD The Nerd $208 One would be forgiven for assuming that The Nerd listed as the companion to Jawbone’s Icon HD sin-gle-ear Bluetooth headset (below) refers to an academically729 words
-
-
HEALTH
-
Article, Illustration755 2012-07-14 15 Cheah Ui-Hoon - Doctors can now use the femtosecond laser system to cut up cataract. This method offers several advantages, two surgeons tell Cheah Ui-Hoon Cheah Ui-Hoon uihoon@sph.com.sg LASIK procedures have gone bladeless since 2004, but now, so have cataract operations promising increased precision and thus, a more accurate755 words
-
-
SPORTS
-
Article, Illustration743 2012-07-14 16 Lee U-Wen - Adidas’ SEA chief Ralph Kotterer revels being in the heart of the booming global sporting goods industry no holds barred Lee U-Wen leeuwen@sph.com.sg Correspondent RALPH Kotterer, the chief of Adidas here in Singapore, rarely has to worry about what to wear to work743 words
-
708 2012-07-14 16 Christy simson - pedal power with Christy simson CYCLING enthusiasts following the ongoing Tour de France will realise that this year’s edition has been more “crash-filled” than usual. On Stage 4 of this three-week event, the world’s best sprinter, Mark Cavendish, found himself scraping the tarmac708 words
-
-
GOLF
-
Article, Illustration1024 2012-07-14 17 Justine Moss - It will be hard to predict a winner at the 141st Open Championship next week at Royal Lytham and St Annes. By Justine Moss By Justine Moss btnews@sph.com.sg WHEN the 141st Open Championship begins next week at Royal Lytham and St Annes, it’ll be hardASIAN TOUR - 1,024 words
-
Article, Illustration159 2012-07-14 17 Justine Moss - By Justine Moss btnews@sph.com.sg LAST weekend’s Raffles Country Club Charity Day 2012 saw $208,000 being raised for a number of local charities and schools. Over 700 golfers including guest of honour and club patron Emeritus Senior Minister Goh Chok Tong teed offPHOTO: RCC - 159 words
-
-
MOTORING
-
Article, Illustration665 2012-07-14 18 Samuel Ee - A blend of raw and refined, with a large dose of sportiness, is what makes the 86 truly desirable. By Samuel Ee By Samuel Ee samuelee@sph.com.sg WHOEVER said Toyota only makes safe but boring cars will now have to eat his words, not to mention sniff the exhaust665 words
-
Article, Illustration646 2012-07-14 19 Samuel Ee - The third generation of the Mercedes-Benz A-Class has reinvented the image of what is often viewed as a staid brand. By Samuel Ee samuelee@sph.com.sg THE minivan styling is gone, and so is the sandwich floor. At the same time, it has been transformed from tall to low,646 words
-
Article, Illustration566 2012-07-14 20 Samuel Ee - The third-generation Volkswagen Beetle is fun to look at and drive in. By Samuel Ee samuelee@sph.com.sg RETRO yet modern. Rounded yet masculine. The latest Volkswagen Beetle would actually be a bit contrived if it wasn’t so fun to look at and drive in. Referred to as the566 words
-
-
-
Page 4 / 5 Advertisements
-
Advertisement905 2012-07-14 4 / 5 wine&dine with BTWeekend Mandarin Court Level 35, Mandarin Orchard Singapore 333 Orchard RoadZ6831 6288 Relish authentic Cantonese cuisine especially created by Executive Chinese Chef Kong Hing Sun of Mandarin Court Chinese Restaurant. Famed for its authentic Cantonese cuisine, intimate ambience and impeccable service, the restaurant has garnered many awards over905 words
-
-
Page 8 / 9 Advertisements
-
Advertisement23 2012-07-14 8 / 9 ~The Louis Vuitton-Yayoi Kusama Concept Store is at Takashimaya Shopping Center, 02-12G Ngee Ann City, 391 Orchard Road, Singapore (closes on Nov 1)23 words
-
-
Page 14 Advertisements
-
Advertisement33 2012-07-14 14 HOME [NEE m d S Throw some new light on your home. To find out more, turn to CLASS 106 in CATS Classified in The Straits Times now. WATS BUY IT-SELL IT-FIND IT33 words
-
-
Page 15 Advertisements
-
Advertisement258 2012-07-14 15 HEART,STROKE&CANCERCENTRE “A medical centre of Singapore Heart, Stroke and Cancer Centre” PreservingHealthandLongevity Expertise in the Prevention, early Detection and Management of Heart disease, Stroke and Cancer Prevent Sudden Death If you suspect heart disease or have risk factors such as high cholesterol, high blood pressure, diabetes mellitus, smoking or a258 words
-