The Business Times, 29 August 2012
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2012-08-29
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The Business Times
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Title Section25 2012-08-29 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Wednesday, August 29, 201225 words
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641 2012-08-29 1 FELDA CHAY - Demand may drop if young singles are allowed to buy flats By FELDA CHAY [SINGAPORE] Shoebox homes will likely see a drop in demand if the government allows singles to directly purchase new flats from the housing board, say property consultants that BT641 words
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Article, Illustration802 2012-08-29 1 NISHA RAMCHANDANI - Outlets at Suntec City and Plaza Singapura to close by year-end; 380 employees will be affected By NISHA RAMCHANDANI [SINGAPORE] French hypermarket chain Carrefour, which started operations here back in 1997, will shut down its outlets at Suntec City and Plaza Singapura beforeFILE PHOTO - 802 words
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MARKETS DIGEST
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Article65 2012-08-29 1 HST INDEX 3,040.07 (-4.42) HST INDEX FUTURES 3,037.00 (-5.00) HSIMSCI 348.49 (-0.39) GSIMSCI FUTURES 348.60 (+0.20) US$ S$ US$ (S$ per US$) 1.254 (US$/S$ per 1.579 1.979 EURO (US$/S$/€) 1.250 1.568 Foreign currency per US$ S$ YEN 78.60 62.70 RM 3.119 2.488 HK$ 7.756 6.186 BAHT 31.34 24.99 RUPIAH65 words
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Article48 2012-08-29 1 Tuesday Change KL COMP 1,647.11 -1.02 NIKKEI 225 9,033.29 -52.10 HANG SENG 19,811.80 +13.13 SET INDEX 1,233.16 -0.57 JAKARTA COMP 4,142.85 -3.03 MANILA COMP 5,175.62 +32.27 SEOUL COMP 1,916.33 -1.54 SHENZHEN B 578.24 +4.83 MUMBAI IND 17,631.71 -47.10 Noon EDT Change DOW 13,138.40 +13.73 NASDAQ 3,074.82 +1.6348 words
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Article18 2012-08-29 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.277 TAIWAN 5.036 JAPAN 1.475 Source: Source: Bloomberg18 words
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Page 1 Advertisements
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Advertisement38 2012-08-29 1 PROPERTY Far East outbids 14 others for Farrer Rd site PAGE 8 SPECIAL FEATURE Top 100 brands PAGES 16-21 TransportHUB Bhutan carrier Drukair launches Singapore flights I PAGE 25 STRAIT TALK Improving the ferry industry I PAGE 2438 words
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Advertisement87 2012-08-29 1 EXEC MONEY Strategy for investors as clouds gather PAGE 34 www.juliusbaer.asia My name: John My business: Manufacturing My passion: Classical Music My dream: To continue my family tradition My private bank: Julius Baer, because caring for future generations is their tradition, too Julius Baer, the leading Swiss private banking group,87 words
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Advertisement7 2012-08-29 1 COMMENTARY America’s strange fiscal conservatism PAGE 227 words
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TOP STORIES
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Article545 2012-08-29 2 Humbled Carrefour bids adieu to S’pore market FRENCH hypermarket chain Carrefour, which started operations here back in 1997, will shut down its outlets at Suntec City and Plaza Singapura before the end of this year, pulling out of the Singapore market entirely. It has decided to shelve its545 words
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554 2012-08-29 2 NEETA LAL - By NEETA LAL in New Delhi LOOKING past their differences, India and China agreed on Monday to ramp up trade as they seek fresh markets in a slowing global economy. They plan to push up bilateral commerce to US$100 billion554 words
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Article, Illustration530 2012-08-29 2 LYNN KAN, JOYCE HOOI - Khoo Chin Hean quits, COO Mark Blake to be interim CEO from October By LYNN KAN, JOYCE HOOI [SINGAPORE] OpenNet’s CEO is resigning, even as the network operator continues to wage a legal battle with the Infocomm Development Authority (IDA). Khoo Chin HeanFILE PHOTO - 530 words
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695 2012-08-29 2 MALMINDERJIT SINGH - By MALMINDERJIT SINGH [SINGAPORE] In just a few years, by 2020, almost half the student cohort in Singapore is expected to attend a government-subsidised degree programme. And businesses will be expected to play a greater role in moulding the graduates of the two most recently695 words
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456 2012-08-29 2 LEE U-WEN - By LEE U-WEN [SINGAPORE] The labour movement has set up a new holding co-operative called NTUC Enterprise which it hopes will better cater to the growing needs of working families here. The new entity to be chaired by former labour chief and Cabinet minister Lim456 words
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596 2012-08-29 3 S JAYASANKARAN - Federal Court denies NV Asia leave to appeal against lower court rulings By S JAYASANKARAN in Kuala Lumpur A RM1.3 billion (S$522 million) suit by a Malaysian private firm against a unit of soon-to-be-listed satellite TV provider Astro Malaysia Holdings is likely596 words
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Article, Illustration490 2012-08-29 3 CHUANG PECK MING - By CHUANG PECK MING [SINGAPORE] White-col-lared professional workers in Singapore seem to be living in a world of their own. Despite the threat of a recession hanging over their heads, 71 per cent of the 1,000-plus professionals Michael Page InternationalSource: Michael Page - 490 words
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442 2012-08-29 3 KENNETH LIM - By KENNETH LIM [SINGAPORE] Tycoon Oei Hong Leong has called off talks to buy a substantial stake in Intraco after he failed to secure promises of support from the major shareholders of seller Hanwell Holdings, according to documents BT has seen.442 words
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Page 2 Advertisements
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Advertisement26 2012-08-29 2 Expanding on the successful formula that has made Oceania Cruises one Tel: 65-6225 1322 65-6225 2322 www.stamfordtravel.com.sg/cruise Rates excludeAir Fare, Travel insurance, Transfers and other expenses.26 words
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Page 3 Advertisements
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Advertisement82 2012-08-29 3 A GLITTER IN TIME WATCH JEWELRY EXHIBITION A watch encasing master complications, a jeweled necklace dazzling with multicolored fire... Come marvel at this season’s most desirable works of art and exquisite craftsmanship by world renowned watch and jewelry ateliers, jointly presented by The Shoppes at Marina Bay Sands and The82 words
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Advertisement189 2012-08-29 4 A FRESH TASTE OF ITALY AT PREGO Say ‘Benvenuto!’ to Prego’s new Chef de Cuisine Antonio Facchinetti. With strong emphasis in hand-crafted pasta using traditional techniques, honed by years of international influence, Chef Antonio’s culinary renditions embrace authentic Italian flavours of unsurpassed quality, using the finest and freshest ingredients. For189 words
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COMPANY NEWS
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Article, Illustration486 2012-08-29 4 PAULINE NG - Figures further multiplied with sale of Mount Elizabeth Medical Suites By PAULINE NG in Kuala Lumpur NEWLY listed Integrated Healthcare Holdings (IHH) has posted a robust set of figures for the second quarter to end-June that suggests the super-lofty valuations to its486 words
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425 2012-08-29 4 JASMINE NG - By JASMINE NG SIM Lian Group’s full-year net profit rose 14 per cent from last year’s $200.1 million to $229.1 million, spurred by revenue growth, lower contract costs and better showings by its joint-venture projects. Earnings came in at 25.8 cents425 words
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503 2012-08-29 4 EMILYN YAP - Its stake hits 29% after buying $316m more shares By EMILYN YAP THAI Beverage has raised its stake in Fraser and Neave (F&N) to 29 per cent just shy of the 30 per cent mark that will trigger a mandatory offer503 words
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Article565 2012-08-29 4 ANDREA SOH - By ANDREA SOH COMMODITIES trader Olam International yesterday reported a 14 per cent drop in fourth-quarter earnings to $109.5 million as weak performance in its cotton and wood products continue to plague the company. Revenue for the three months ended June 30 rose 12.7565 words
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429 2012-08-29 5 EMILYN YAP - Plan to buy 7.37% stake at $1.30 per share; delisting in the works By EMILYN YAP LUYE Pharma Group is headed for a delisting as its majority shareholder plans to buy the rest of the company at $1.30 a share. Luye Pharmaceutical429 words
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241 2012-08-29 5 ANGELA TENG - By ANGELA TENG SEMICONDUCTOR packaging technology specialist STATS ChipPAC has achieved a new milestone in Through Silicon Via (TSV) capabilities. This follows the qualification of its 300mm mid-end manufacturing operation and transition to low volume manufacturing. TSV is a critical technology in 3D241 words
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601 2012-08-29 5 LEE MEIXIAN - By LEE MEIXIAN TREASURY Holdings Real Estate (THRE), the trus-tee-manager of Singa-pore-listed Treasury China Trust (TCT), has been acquired by a private company owned by THRE’s chairman Richard Barrett. “Treasury Holdings China Limited, a wholly owned subsidiary of Treasury Holdings, which in601 words
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268 2012-08-29 5 TEO SI JIA - By TEO SI JIA CHINA’S Shandong province is the latest in a long line of partnerships the Singapore Exchange (SGX) has courted with a memorandum of understanding (MOU). SGX’s head of listings, Lawrence Wong, and vice-director of the Shandong Finance Office, Sun Xianqing, signed268 words
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354 2012-08-29 5 KENNETH LIM - By KENNETH LIM THE Monetary Authority of Singapore (MAS) has fined a former UOB Kay Hian remisier $73,000 and imposed a three-year practice ban for manipulating the share prices of three counters in 2008. Teoh Teck Shin was alleged to have conducted trades354 words
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396 2012-08-29 5 TEO SI JIA - By TEO SI JIA THANKS to a surge in fair value gain on investment properties, Eu Yan Sang International recorded a 55 per cent jump in earnings to $9.19 million for the April-June fourth quarter, from a restated $5.91 million396 words
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357 2012-08-29 7 KENNETH LIM - They can then hold customer funds directly, making for easier dealing By KENNETH LIM A NUMBER of Singapore firms are seeking to become the first Asian clearing members of Eurex, executives of the European derivatives exchange said yesterday. This could make it357 words
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592 2012-08-29 7 LEE MEIXIAN - Price offered seen as fair considering uncertain long term outlook for coal By LEE MEIXIAN ANALYSTS yesterday recommended that shareholders of Sakari Resources accept the cash offer by PTT plc to buy over the rest of the coal company at $1.90 per592 words
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COMPANY BRIEFS
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35 2012-08-29 7 SAW Phaik Hwa, the former CEO of SMRT Corp, has been appointed as an independent non-executive director of luxury watch retailer The Hour Glass with effect from Sept 1.35 words
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74 2012-08-29 7 SIN Heng Heavy Machinery reported a 31 per cent year-on-year rise in net profit to $3.77 million for the fourth quarter ended June 30, 2012. Turnover for the quarter rose 14 per cent to $38.73 million from $34.01 million a year ago.74 words
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Article71 2012-08-29 7 CHINA Yuanbang Property Holdings returned to the black in the fiscal year ended June, with a net profit of 126.2 million yuan (S$24.9 million) compared with last year’s net loss of 27.0 million yuan. Revenue more than doubled year-on-year to 838.0 million yuan, from71 words
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86 2012-08-29 7 SUNPOWER Group said it had secured a 24.5 million yuan (S$4.82 million) contract from Ningbo Haiyue New Material Co Ltd, a subsidiary of Shanghai-listed Zhejiang Haiyue Co Ltd. Under the contract, which was signed by the group’s wholly owned subsidiary Jiangsu Sunpower Technology86 words
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32 2012-08-29 7 MAPLETREE Logistics Trust is buying Hyundai Logistics Centre in South Korea for 22.5 billion won (S$24.6 million) and selling 30 Woodlands Loop in Singapore for $15.5 million.32 words
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Article79 2012-08-29 7 TSH Corporation said its wholly-owned subsidiary Explomo Technical Services Pte Ltd has been awarded a US$9.1 million contract to manage the disposal of expired ammunitions for the Ministry of National Defence of Taiwan. The contract is scheduled to start in September and be completed by79 words
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Page 5 Advertisements
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Advertisement95 2012-08-29 5 off 2 nd item 25% off 1 st item Plus $7 00 voucher Conditions apply ENDING SOON! 281 5688 or 6757 MB www.gnccon.sg f i > LIVE WELL M3ep HOROLOGICAL LAB LEGACY MACHINE N I UNIQUE FLYING BALANCE WHEEL AND VERTICAL POWER RESERVE COMPLETELY INDEPENDENT DUAL TIME ZONES 8K WHITE95 words
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SINGAPORE MARKETS
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Article, Illustration563 2012-08-29 6 R SIVANITHY - Lack of active trading due to lingering concern over eurozone, Fed’s QE3 impact and China’s economic health STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index dropped 4.42 points to 3,040.07 but equally relevant was that volume done amounted to 1.24 billion unitsSource: Bloomberg - 563 words
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Article186 2012-08-29 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 5 7 0 0 0 4 5 7 Manufacturing 38 52 42 9 7 6 47 59 48 Commerce 19 28 17 4 0 2 23 28 19 Tpt/Stor/Comms 15 14 10186 words
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Article123 2012-08-29 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 13,236 13,236 44,438 44,438 Manufacturing 175,119 69,207 244,326 149,315 1,280 150,595 Commerce 98,785 2,259 101,044 74,197 144 74,341 Tpt/Stor/Comms 70,205 12,109 82,314 92,507 3,595 96,102 Finance 45,859 508 46,367 88,209 142 88,350 Construction 45,027 19,637123 words
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Article111 2012-08-29 6 Stock name Close Change CapMallsAsia 1.650 +0.005 CapitaLand 3.030 -0.020 CapitaMall 1.940 -0.010 CityDev 11.540 -0.010 ComfortDelGro 1.630 -0.025 DBS Grp 14.500 -0.020 F&N 8.300 -0.060 GLP 2.420 +0.060 Genting SP 1.360 -0.010 Golden Agri 0.715 -0.010 HK Land 6.100 +0.020 JMH 54.380 -0.520 JSH 33.700111 words
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Article66 2012-08-29 6 Aug 28 VALUE CLOSE BT OB/OS 73.00 +33.00 BT CADI -*****.00 -27.00 BT 10-day MA -*****.00 +7.00 FTSE ST Mid Cap 713.38 -1.82 FTSE ST Small Cap 466.10 -0.14 FTSE ST All Share 737.35 -1.17 FTSE ST China Top 201.22 -0.23 FTSE ST China 220.16 -0.09 FTSE66 words
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Article59 2012-08-29 6 VOLUME M Devt 151,435,000 Sakari 42,308,000 Far East HTrust 40,692,000 Inno-Pac 31,785,000 Genting SP 27,465,000 Elektromotive 23,936,000 Nam Cheong 23,458,000 Noble Grp 19,669,000 Rowsley 19,596,000 ChinaMinzhong 19,427,000 VALUE($) Sakari 80,282,155 Far East HTrust 39,424,665 Genting SP 37,524,040 SingTel 31,308,005 OCBC Bk 29,408,635 Keppel Corp 27,556,330 Noble Grp59 words
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Article922 2012-08-29 6 LYNN KAN - Compiled by LYNN KAN Goodpack Limited Aug 28 close: $1.76 Maybank Kim Eng Research, Aug 28 AS expected, Goodpack showed revenue weakness, which was evident during the 3rd quarter continued into the 4th, summing up an unexciting set of FY2012 results. There is, however a silver lining, with922 words
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Article, Illustration540 2012-08-29 6 CURRENCIES [LONDON] The euro rose yesterday on bets that the European Central Bank would take decisive action to tackle the debt crisis in coming weeks, although gains were seen limited in the absence of concrete details. Market players also trimmed long dollarAFP - 540 words
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Article116 2012-08-29 6 BY CENTS CLOSE UP DBXT USDIGInfl 5US$ ***** 275.8 0.8 UOB 5.05%NCPS 100 ***** 30.0 0.3 DBS Bk 4.7% NCPS 100 ***** 20.0 0.2 DBXT FTVietnam 10US$ 2096 16.3 0.6 DBXT S&P Short 10US$ 3610 16.3 0.4 OCBC Bk 5.1%NCPS 100 ***** 12.0 0.1 IS Asia BND 100US 1061116 words
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Article117 2012-08-29 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ 9753 -137.9 -1.1 GLD 10US$ ***** -116.6 -0.6 DBXT E50 10US$ 3569 -99.0 -2.2 JMH 5438 -65.2 -0.9 DairyFarm 1081 -61.4 -4.3 JSH 3370 -56.4 -1.3 DBXT MSAsExJp 10US$ 2971 -48.9 -1.3 DBXT MSEurope 10US$ 4338 -40.1 -0.7 Lyxor China H 10US$117 words
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Advertisement671 2012-08-29 7 Navigating the Challenges of Leadership STJOBS No.1 Who should attend: Executive management level, Middle management, Managers and Team leaders who want to develop their leadership skills No.1 Recruitment site in Singapore by FULL-DAY WORKSHOPS Marketing Magazine (2011) Register at www.stjobs.sg/seminars 7 Sep, 2012 (Fri) Coaching Gen Y to Better Performance671 words
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Advertisement33 2012-08-29 7 c I /O off Star Buys GN Alpha Lipoic Acid 100 Coenzyme Q-10 >0 mg 3FTGEL CAPSULES Usual: $172.95 NOW $91.70 6281 5688 or 675 Usual: $29.95 NOW $15.90 ENDING SOON! 9 LIVEWELL33 words
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SINGAPORE NEWS
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Article, Illustration635 2012-08-29 8 KALPANA RASHIWALA - Its $45.8m offer or $1,107.80 psf ppr is 3.3% higher than closest rival’s By KALPANA RASHIWALA PROPERTY giant Far East Organization yesterday muscled out 14 other bidders to emerge as the top bidder for a smallish 99-year leasehold plot635 words
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Article, Illustration238 2012-08-29 8 SOME 100 foreign construction workers were treated to a visit to the Singapore Zoological Gardens on Sunday by lawyers and staff of TSMP Law Corporation. They were joined on the trip by volunteers from Transient Workers Count Too (TWC2). The workers are238 words
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403 2012-08-29 8 TOH LI WEN - The 200-bed centre is scheduled to be operational by 2013 By TOH LI WEN ECON Healthcare Group is building its second nursing home outside of Singapore in Taman Perling, Johor Bahru, in response to strong demand for premium elderly healthcare facilities. Scheduled403 words
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SINGAPORE ROUNDUP
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Article103 2012-08-29 8 STAMFORD Law has appointed Justyn Jagger, a senior lawyer in the international insurance industry, to lead its insurance and reinsurance team. Mr Jagger has joined the law firm as a foreign legal consultant and will drive its insurance practice. He joins Stamford Law from DLA103 words
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100 2012-08-29 8 KOH Brothers Group said the Ministry of Manpower has lifted the stop work order yesterday for formwork and concreting at the new Downtown Line 1 (DTL1) Bugis Station. This follows a work accident last month, when two workers died after a scaffolding collapsed.100 words
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251 2012-08-29 8 LYNN KAN - By LYNN KAN SINGAPORE’S logistics sector is getting a professional body to deepen talent development and knowledge in the sector. Supply Chain Asia (SCA), a seven-year-old online community of supply chain professionals, has become a formal not-for-prof-it professional body to promote251 words
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Article, Illustration237 2012-08-29 8 Jessica Tan to head group’s enterprise business in Asia-Pac MICROSOFT’S managing director for Singapore, Jessica Tan, will be taking on a new role, to lead the group’s enterprise business in the Asia-Pacific region. Her promotion takes effect from Sept 1, though she237 words
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604 2012-08-29 8 KALPANA RASHIWALA - Index up 1.3% ytd, against softer prices elsewhere: data By KALPANA RASHIWALA COMPLETED private apartments and condos (excluding small units) in the suburbs have been the best price performers year to date, according to National University of Singapore’s Singapore Residential Price Index (SRPI) series. The604 words
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MALAYSIA/INDONESIA
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Article, Illustration740 2012-08-29 9 Analysts see move as having all its car production under one roof [PETALING JAYA] The DRB-Hicom Bhd announcement that it is investing RM1 billion to accelerate the development of Proton City in Tanjung Malim, Perak, points to a move to consolidateBLOOMBERG FILE PHOTO - 740 words
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442 2012-08-29 9 DRB-Hicom cites Proton purchase for 64% profit fall in Q1 Bloomberg [KUALA LUMPUR] Dany Bahar, sacked as chief executive officer of unprofitable British sports-car maker Group Lotus plc in June, filed a claim against the company and its Malaysian parent DRB-HicomBloomberg - 442 words
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364 2012-08-29 9 Govt aims to protect local businesses, promote products made in country Xinhua [JAKARTA] Indonesia’s Trade Ministry has announced a regulation limiting the operations of global franchises in the country, aiming at protecting local businesses, local media reported yesterday. The 2008 regulation on franchises willXinhua - 364 words
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Page 9 Advertisements
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Advertisement1445 2012-08-29 9 The Norinchukin Bank (A bank organised in Japan) Consolidated Balance Sheets As of March 31, 2012 and 2011 Millions of Yen 2012 2011 Assets Cash and Due from Banks 1,687,337 1,837,633 Call Loans and Bills Bought 832,440 1,300,000 Receivables under Resale Agreements 44,987 Receivables under Securities Borrowing Transactions 492,481 232,6941,445 words
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GREATER CHINA/INDIA
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Article, Illustration1062 2012-08-29 10 Nation’s growth has fallen below target for the first time in nearly four years Reuters [BEIJING] China’s policy chiefs have about two weeks left to decide about giving the economy a proper stimulative prod, or risk parading a new Communist Party leadership toReuters; AFP - 1,062 words
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Article, Illustration854 2012-08-29 10 Reuters [NEW DELHI] India’s economy in the April-June quarter was likely to have remained in its deepest slump for nine years, but high inflation and polarised politics leave the country’s leaders with limited scope to crank up growth. Weak demand in the UnitedReuters; REUTERS - 854 words
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417 2012-08-29 10 FREDERICK YEUNG - Shanghai, Shenzhen to allow financing and stock lending By FREDERICK YEUNG EJ Insight [HONG KONG] With the Chinese stock market trading at its lowest level in more than 40 months, Beijing is introducing margin financing for brokerage houses as part of efforts to winEJ Insight - 417 words
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437 2012-08-29 10 Bloomberg [HONG KONG] Sands China Ltd, the Asian unit of Sheldon Adelson’s US casino operator, expects growth to pick up next year in Macau and said it has followed regulations in its home territory and Las Vegas. More hotel roomsBloomberg - 437 words
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Advertisement336 2012-08-29 10 WATH NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CDC MONTERREY PTE. LTD. (Co. Reg. No.: *****9223Z) (In Member’s Voluntary Liquidation) At an Extraordinary General Meeting of the above Company held on 22 August 2012 the following resolutions were duly passed. Special resolution336 words
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Advertisement334 2012-08-29 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CDC VERACRUZ PTE. LTD. (Co. Reg. No.: *****9234D) (In Member’s Voluntary Liquidation) At an Extraordinary General Meeting of the above Company held on 22 August 2012 the following resolutions were duly passed. Special resolution 1. That334 words
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Advertisement334 2012-08-29 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CDC GUADALAJARA PTE. LTD. (Co. Reg. No.: *****9231K) (In Member’s Voluntary Liquidation) At an Extraordinary General Meeting of the above Company held on 22 August 2012 the following resolutions were duly passed. Special resolution 1. That334 words
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ECONOMY WATCH
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984 2012-08-29 11 Banks tempt multimillionaires with lavish personalised services and benefits IHT [NEW YORK] High-end services and lavish benefits are the weapons of choice of marketers hoping to attract ultra-high-net-worth individuals (ultra HNWIs) to their products. With the number of wealthy still rising strongly inIHT - 984 words
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Article, Illustration442 2012-08-29 11 Reuters [SYDNEY] An unforeseen drop in commodity prices won’t hurt Australia’s plan to return its budget to surplus by July 2013, Australian Treasurer Wayne Swan said yesterday, hosing down concerns the declines will weaken government revenues. In his May budget, MrReuters; AP - 442 words
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744 2012-08-29 11 Recent economic numbers are bullish but there are some real weaknesses too NYT [MANILA] There has been a steady flow of positive economic news for the Philippines recently. On July 4, Standard Poor’s (S&P) raised the country’s debt rating toNYT - 744 words
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Advertisement1054 2012-08-29 11 r V-3.J rv* E&aa Bungalow D20 Graceful: 2 storev tranauil livina Sate Graceful: 2 storey tranquil living space Splendid:'FH 6,340 sq ft Land *+'Pool I w OHO JERRY LUM Snr Marketing Director, MBA, CES CEA licence no: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg ERA Estate Agent Licence No1,054 words
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WORLD
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782 2012-08-29 12 Its servers located all over the world help companies save on computers NYT [SEATTLE] Within a few years, Amazon.com’s creative destruction of both traditional book publishing and retail may be footnotes to the company’s larger and more secretive gambit: giving anyone on theNYT - 782 words
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Article, Illustration610 2012-08-29 12 Moderate temblors cause minor damage but anxiety mounts AFP [LOS ANGELES] A “quake swarm” that has shaken southern California with hundreds of moderate temblors in quick succession is fuelling jitters in the Golden State, long braced for the Big One. The quakes, whichAFP; BLOOMBERG - 610 words
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690 2012-08-29 12 Reuters [LONDON] If you have trouble remembering whether you took your pills on time, your medicine may soon have the answer for you. Pills for anything from the common cold to diabetes or cancer can be embedded with tiny ingestible chips that keepReuters - 690 words
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Article, Illustration386 2012-08-29 12 AFP [YANGON] Myanmar President Thein Sein is striving to put his flagging reform agenda back on track by promoting loyal allies in the first major Cabinet reshuffle of the post-junta era, analysts say. The long-awaited shake-up, announced late on Monday, follows signsAFP - 386 words
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626 2012-08-29 14 ANTHONY ROWLEY - H1 trade gap with China hits US$17.6b, up 2.6 times over H1 last year; exports fall: Jetro By ANTHONY ROWLEY in Tokyo THE impact of China’s economic slowdown has begun to show up in the country’s trade with Japan, and on current626 words
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Article, Illustration664 2012-08-29 14 AP [SAN FRANCISCO] Hewlett-Packard Co used to be known as a place where innovative thinkers flocked to work on great ideas that opened new frontiers in technology. These days, HP is looking behind the times. Coming off a five-year stretch ofAP - 664 words
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Article, Illustration715 2012-08-29 14 Reuters [TOKYO] The last time foreign funds jumped into the Japanese property market around 2006 they snapped up assets from office blocks to hotels, fuelled by highly leveraged bank loans. Then came the global financial crisis and many of them got burnt. TheirReuters; REUTERS - 715 words
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618 2012-08-29 14 Move allows Aussie firms to start buying cheaper EU carbon credits Reuters [CANBERRA] Australia and the European Union yesterday agreed to link their carbon trade schemes by 2018, allowing Australian firms to immediately buy cheaper EU carbon credits in a move expected toReuters - 618 words
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322 2012-08-29 15 Bloomberg [TOKYO] Japan’s government downgraded its assessment of the world’s third-biggest economy for the first time in 10 months as some analysts forecast that gross domestic product (GDP) will shrink this quarter. Risks include a “further slowing down ofBloomberg - 322 words
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314 2012-08-29 15 These will offer investors less tax, bureaucracy Reuters [ATHENS] Greece plans to set up “special economic zones” to attract private investment and help lift its debt-laden economy out of depression, the government said yesterday. The zones would offer investors tax and administrativeReuters - 314 words
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550 2012-08-29 15 Households more pessimistic about employment prospects and the economic outlook LATEST US DATA Bloomberg [WASHINGTON] Confidence among US consumers fell in August by the most in 10 months as households grew more pessimistic about their employment prospects and the economic outlook. The ConferenceBloomberg - 550 words
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Article, Illustration655 2012-08-29 15 Sales-tax increase will add to pressure on consumers Bloomberg [MADRID] Spanish Prime Minister Mariano Rajoy’s austerity drive will intensify this week as a sales-tax increase tightens the squeeze on consumers whose spending is already plummeting. The move to raise the value-added taxBloomberg; AP - 655 words
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Advertisement11 2012-08-29 12 SINGAPORE'S mresr hits HEAR HOTTEST HITS ON HOT FM 91.3 m11 words
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Advertisement122 2012-08-29 13 THESE REPUTABLE COMPANIES HAVE TRUSTED US TO BE THEIR PARTNER. SHOULDN’T YOU? VfrT 1*>< < .V V *< H CS.H Group CENTALINE PROPBTTY DENNIS WEE GROUP i» ERA REAL ESTATE HSR* ?1 The #1 Real Estate Company 9 Knight i Frank Orange Fee. PropNex Service You Trust j"] Far East122 words
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Advertisement14 2012-08-29 14 m LOOKOUT rr I k i r m 5* ***** V buck buck mf.14 words
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Advertisement170 2012-08-29 15 www.comexshow.com.sg Join us at THE BIGGEST I.T, DIGITAL, MOBILE, CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE 30th AUGUST 2nd SEPTEMBER 2012 SUNTEC SINGAPORE 12 NOON 9 PM DAILY FREE ADMISSION Guaranteed over S$90,000 CASH to be won in 4 days S$2,000 CASH Win hourly from 1 9 pm daily PLUS the Grand170 words
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Advertisement857 2012-08-29 15 NOTICE Notice is hereby given pursuant to section 290(2)(b) of the CompaniesAct (Cap 50) in respect of DSAlliance Pte Ltd, company registration number *****5085C. In an extraordinary general meeting of the company held on 27 August 2012 at 5 Jalan Kilang Barat #09-05 Petro Centre Singapore *****9, the members present857 words
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TOP 100 BRANDS
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Article, Illustration1409 2012-08-29 16 reportsVINCENT WEE - Brand valuation can be used as a strategic business tool to help companies evaluate how they are meeting benchmarks and how to allocate resources, reports vincent wee reportsVINCENT reportsVINCENT WEE SINGAPORE companies do not recognise the value of a brand and hardly put much1,409 words
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Article, Illustration931 2012-08-29 18 VINCENT WEE - Mapletree Logistics Trust’s strong brand positioning earns it a place among Singapore’s top brands, reportsVINCENT WEE reportsVINCENT VINCENT WEE GROWING brand value is tough in some businesses. Last year, the real estate sector was among the toughest. In the Brand Finance Top 100931 words
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Article, Illustration1016 2012-08-29 20 VINCENT WEE - With the change in consumer taste and marketing trends towards digital, the SingTel brand strives to be at the forefront of the digital arena. Reports by VINCENT WEE WHILE many companies are struggling to find value in their brand, SingTel, Singapore’s biggest listed company byFILE PHOTO - 1,016 words
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Article, Illustration716 2012-08-29 20 SATS has its roots in ground handling and airline catering, but the group has grown rapidly and expanded its presence beyond the aviation industry and Singapore. It now offers the largest aviation gateway services and food solutions network in Asia, while also extending its non-aviation food business716 words
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Article, Illustration506 2012-08-29 20 SOUP Restaurant is a fresh entrant to the Top 100 Singapore Brands rankings this year. Refreshingly, it is a relatively small company with a clear awareness of the value of branding and has a good idea of how to go about it. Unlike many506 words
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Advertisement165 2012-08-29 16 BRAND-FINANCE® Brand Finance Top 50 Most Valuable Singapore Brand 2012 s V, Working together in perfect harmony, to deliver outstanding performance. We're well known as the preferred partner for airline catering and airport services, but in reality we offer much more than that. Our twin business divisions, SATS Gateway and165 words
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Advertisement560 2012-08-29 17 g. 4 M a 'c N 3 7 V T nr S sat ss s m I Us N t* jaumisi MtSSNW;flHnsS«llf v •sw fj- !>T5^J£g»aa»ifc^ r. s m 9 9 9 9 NEW MODEL MW*~ <*■ Surf at an exhilarating speed on your AG tablets. The first and only560 words
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Advertisement157 2012-08-29 18 Thank you for helping us achieve BRAND FINANCE TOP 100 Most Valuable Singapore Brands 2012 r* \M Samsui Ginger Chicken A bright splash of colour in the 1930's Chinatown with her trademark red headdress, the Samsui lady was amongst the pioneers who built modern Singapore. An icon of Chinatown known157 words
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Page 19 Advertisements
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Advertisement54 2012-08-29 19 Congratulations to Mapletree Logistics Trust Management Ltd Singapore’s Top 50 Brands in 2012 Brand Finance a 1 0 a* V'. I m J0J liS.M I l111 1 I 3 m ►»> I"*" I— 1 *1 m* -v A’? IS n mapleiree logistics Your real estate partner-of-choice in logistics and distribution54 words
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Page 21 Advertisements
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Advertisement93 2012-08-29 21 PROUD TO BE RANKED AMONG i PORE’S mu TTTTA* uSro M5ys0NMSWN MAKES VJSEfVX SBh H SIKKiApnnr ctr MTS k m Wj >* a XZXISZ ....TT, HltTTQv: «55S5 ,HB itffl ma IKS ;T > r W- 5 „ccoa;cnot» A LAVISH MB® In the Brand Finance Top 100 Singapore HQW to» Brands93 words
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EDITORIAL & OPINION
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509 2012-08-29 22 EDITORIAL THE verdict delivered last Friday by the jury at the conclusion of the so-called “patent lawsuit of the century” between Apple and Samsung in California has generated an avalanche of comment and analysis from technology experts, law professors, media pundits and thousands of509 words
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Article, Illustration781 2012-08-29 22 FRANK CHING - THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 WHEN Hillary Clinton spoke about America’s “pivot” to Asia last year, she described alliances with Japan, South Korea and other countries781 words
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Article, Illustration993 2012-08-29 22 SIMON JOHNSON - The budget deficit seems not to matter to those in the US to whom it should By SIMON JOHNSON Simon Johnson, a former chief economist of the IMF, is co-founder of a leading economics blog, The Baseline Scenario, a professor at MIT Sloan, a senior fellowProject Syndicate; BLOOMBERG - 993 words
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Article, Illustration1338 2012-08-29 23 CHAN SZE YEE, GERMIN ONG - SMEs can leverage on the expertise of small and medium-sized accounting practices when venturing abroad By CHAN SZE YEE, GERMIN ONG Chan Sze Yee is head of research and Germin Ong is research manager with the Institute of Certified Public Accountants of Singapore SMALL and medi-um-sizedREUTERS - 1,338 words
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Article, Illustration687 2012-08-29 23 LEON HADAR - LEON HADAR Washington Correspondent THE Republicans who are meeting in Tampa, Florida, this week to nominate Mitt Romney as their presidential candidate are hoping to survive the Isaac storm that has been ravaging the area, and then to go on to winAFP - 687 words
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TransportHUB
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Article999 2012-08-29 24 DAVID HUGHES - Security measures that would not have been considered necessary a decade ago ought to be standard now STRAIT TALK By DAVID HUGHES THE few months between now and the end of the year are usually busy ones for journalists, in part because this period sees several999 words
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Article, Illustration873 2012-08-29 24 Agency cuts forecast for oil demand, sees slower 2013 growth Bloomberg [LONDON] For the first time this year, slowing growth in oil demand is spurring analysts to cut estimates for earnings in the tanker industry’s largest vessels. Rates for very large crudeBloomberg; AFP - 873 words
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314 2012-08-29 24 AP [KINGSTON, Jamaica] An extensive fuel spill has fouled a stretch of shoreline and oiled pink flamingos and other wildlife in a nature preserve in Curacao, conservationists and residents of the tiny Dutch Caribbean island said on Monday. The leader of a local environmentalAP - 314 words
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410 2012-08-29 24 Bloomberg [BEIJING] Ferretti Group, whose Riva unit made boats for Brigitte Bardot and Sean Connery, intends to open an assembly plant in China as its new Chinese parent seeks to drive up sa l es i n t h e wo rBloomberg - 410 words
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Article259 2012-08-29 24 SGX '000 Aug 28 S$ +/-Vol CH Offshore 0.44 unch 62 Chuan Hup Hldg 0.25 unch 385 Cosco Corp 1.00 unch 4200 s$ Ezra Hldgs 1.09 0.03 ***** First Ship Lea 0.13 unch 3202 Freight Links 0.07 unch 3656 Grand Banks 0.29 unch 621 Jaya Hold Ltd 0.55259 words
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TRANSPORT HUB: AVIATION
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Article, Illustration433 2012-08-29 25 NISHA RAMCHANDANI - The twice-weekly service will tap growing tourist interest in kingdom By NISHA RAMCHANDANI BHUTAN’S national carrier Drukair will commence a twice-weekly service between Singapore and the city of Paro from Sept 1. Singapore is the fifth country to be linked to Bhutan by air,433 words
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381 2012-08-29 25 Bloomberg [HONG KONG] China Southern Airlines Co, Asia’s biggest carrier by passenger numbers, said first-half profit tumbled 84 per cent because of an economic slowdown, higher fuel prices and currency fluctuations. Net income fell to 449 million yuan (S$88 million) from 2.76 billionBloomberg - 381 words
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Article, Illustration536 2012-08-29 25 Bloomberg [SYDNEY] Virgin Australia Holdings Ltd, the country’s second-largest airline, posted full-year profit that missed analyst estimates as surging costs curbed benefits of increased sales to corporate customers. Net income was A$23 million (S$30 million) in the 12 months ended June 30 after aBloomberg - 536 words
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Article, Illustration554 2012-08-29 25 Airline orders 10 A330-300S, 44 jets from A321 family Reuters [MANILA] Airbus won a US$7 billion order to help more than triple Philippine Airlines Inc’s fleet, beating Boeing Co to a deal despite US support for Manila in a diplomatic dispute with China. TheReuters; AP - 554 words
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TRANSPORT HUB: LAND
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Article, Illustration779 2012-08-29 26 It may be last big merger of car rental firms that regulators will okay: analyst Bloomberg [DETROIT] Hertz Global Holdings and Dollar Thrifty Automotive Group jumped on Monday after Hertz struck a deal to buy the smaller company forBloomberg; REUTERS FILE PHOTO - 779 words
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439 2012-08-29 26 Report again places them at bottom of ranking for US cities Bloomberg [NEW YORK] Washington, DC, drivers are the most ac-cident-prone among the largest US cities, again placing at the bottom of the ranking in a report by insurer Allstate Corp. Drivers in the nation’sBloomberg - 439 words
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Page 24 Advertisements
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Advertisement23 2012-08-29 24 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. BSATS NOTICES23 words
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Page 25 Advertisements
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Advertisement469 2012-08-29 25 THINK BIG ENTREPRENEUR CONVENTION 2012 Business Solutions Updated Whether you are starting up or already running a business, here's your opportunity to glean expert advice from experienced business specialists on how to fund your ideas, improve efficiency and communicate your brand effectively. Plus hear what industry leaders think how businesses469 words
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Page 25 Miscellaneous
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Miscellaneous360 2012-08-29 25 CRYPTIC CROSSWORD Across 1 Simoon blew wildly this transport’s not really for the desert! (10) 6 Go mad, rolling over (4) 10 Sailor in journey coming to northern country (5) 11 Amuse nurse (9) 12 Something formally binding (5,3) 13 Subject dull and hard son comes last (5) 15 Charitable360 words
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Page 26 Advertisements
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Advertisement129 2012-08-29 26 Do you aspire to become a Best Employer? Aon Hewitt Best Employers 2.0 Singapore 2013 Start Your Journey Today x join the Aon Hewitt Best Employers 2013 Study 10 years of Best Employers studies in Asia supports the striking evidence: high levels of Employee Engagement, a compelling Employer Brand, Effective129 words
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SINGAPORE STOCKS
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Article7954 2012-08-29 28 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha FuncfCI A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mat Asia Limited Asian Local Ccy SD Bond7,954 words
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Article202 2012-08-29 28 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale ('000) High Low Buyer Seller C'vr202 words
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Article202 2012-08-29 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 46 25.5 AVJennings A30 -9.5 3 30 30 30 38 3.6 11.7 2.4 78.1 41.5 25.5 Genting HK US$ US34 unch 2164 34.5 34 34 34.5 2238.7202 words
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Article948 2012-08-29 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 114.4 ABF SG Bond ETF 123 1 123 123 119 123 561.5 126.8 122.2 CIMB APAC Div 100S$D 126.8 125.4 126.3 103 95.8 CIMB APAC948 words
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Article2859 2012-08-29 27 Transaction date: Aug 28 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld 132 92.5 AIMSAMPIReit 131 unch 140 131 130.5 131 131.52,859 words
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FINANCE & COMMODITIES
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Article650 2012-08-29 29 Aug 28 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 9138.51 9140.62 8988.99 Sep12 9085.00 9135.00 8985.00 9050.00 ***** *****9 Dec12 9025.00 9065.00 8925.00 8985.00 899 ***** MSCI TAIWAN INDEX FUTURES SPOT 262.90 263.13 260.09 Aug12 263.20 264.40 260.70 261.90 ***** *****0 Sep12 263.10650 words
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373 2012-08-29 29 In local curr In S$ In US$ dy yr dy yr dy yr Aug 27 Index Change Change Change Change Change Change World Preliminary 906.5 0.2 9.2 0.4 5.2 0.2 9.0 EAFE Preliminary 725.2 0.2 6.3 0.4 1.7 0.2 5.3 Europe Preliminary 1096.0 0.5 6.8373 words
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Article, Illustration120 2012-08-29 29 As on 27 August 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL INDIA GOLD (E-GOLD) FUT OCT2012 556.75 553.80 557.95 1100 GOLD FUT DEC2012 1678.90 1670.40 1675.50 44 CURRENCY EUR-USD FUT SEP2012 1.2533 1.2507 1.2514 84 BASE METAL COPPER FUT SEP2012 7706 7645120 words
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Article107 2012-08-29 29 Aug 27 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 12 1729.75 1737.50 1765.50 1724.00 Nov 12 1718.75 1731.50 1760.50 1714.00 Jan 13 1711.25 1724.25 1752.50 1705.50 Mar 13 1630.25 1636.25 1662.75 1626.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 12 55.91107 words
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Article70 2012-08-29 29 CRUDE OIL PRODUCTS Aug 27 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 112.94 -2.02 WTI (Near Mth) 95.68 -0.24 Dubai (1-Mth F) 111.43 -0.02 Tapis blend 119.03 -0.38 Minas 116.83 -0.38 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 108.00 1.33 Jet Kerosene 134.05 1.20 US$/barrel OpecOil Basket70 words
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Article24 2012-08-29 29 Aug 28 S$ Bid Offer 1-month 1.2536 1.2538 2-months 1.2536 1.2538 3-months 1.2535 1.2537 6-months 1.2526 1.2529 Source: OCBC Source: OCBC24 words
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Article64 2012-08-29 29 Aug 24 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1890.45 1877.25 3 months 1918.00 1904.50 Copper, Grade A(US$/tonne) Cash 7627.75 7676.50 3 months 7640.00 7684.50 Lead(US$/tonne) Cash 1963.25 1943.00 3 months 1971.00 1952.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.0064 words
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Article80 2012-08-29 29 Aug 24 COCOA (£/tonne) Close Prev High/Low Sep 12 1573 1570 1577/1560 Dec 12 1585 1583 1590/1571 Mar 13 1575 1571 1577/1562 May 13 1579 1574 1583/1567 COFFEE(US$/tonne) Close Prev High/Low Sep 12 2018 2006 2028/1992 Nov 12 2055 2041 2065/2027 Jan 13 2058 2046 2067/2035 Mar 13 206280 words
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1098 2012-08-29 29 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 1 146 500 6.25 21 Conv Ratio Exer Baker Technology Ltd W*****6 1 1 32 3 32.00 3 BakerTech W*****5 6.7 unch 430 1 27 5 4.781,098 words
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Article470 2012-08-29 29 Aug 28 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.028 6.596 0.830 8.050 57.871 98.912 0.816 11.794 3.237 1.284 98.419 43.919 1.301 8.737 0.997 31.103 32.523 0.658 1.038 Canada 0.973 6.419470 words
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Article60 2012-08-29 29 Aug 28 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 0.***** 0.***** 9 mths SWAP Mid rates (S$) 12 mths 0.***** SWAP Mid rates60 words
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Article135 2012-08-29 29 Aug 28 GOLD(US$/oz) Aug 28 Aug 27 Hong Kong 1667.40 1680.00 Aug 27 Aug 27 Aug 24 London 1669.54 1668.59 1670.76 1669.81 Source: Thomson Reuters CAST BAR Aug 28 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 161 67 5gm 456 334 10gm135 words
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Article88 2012-08-29 29 Aug 28 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****F 29-Nov-12 0.25 6-Month BS*****H 21-Feb-13 0.26 1-Year BY*****T 02-May-13 0.25 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.05 5-Year N*****0Z 2.375 01-Apr-17 108.9588 words
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Article57 2012-08-29 29 Aug 28 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 12 3013.0 3032.0 3013.0 2974.0 389 4188 Oct 12 3053.0 3068.0 3055.0 3000.0 3116 ***** Nov 12 3073.0 3091.0 3078.0 3024.0 ***** ***** Dec 12 3091.0 3102.057 words
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Article154 2012-08-29 29 Aug 28 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3009 1.3016 1.0377 1.0381 Canadian dollar 1.2659 1.2666 1.0102 1.0098 Euro 1.5673 1.5681 1.2502 1.2507 NZ dollar 1.0128 1.0133 0.8079 0.8082 Sterling pound 1.9787 1.9794 1.5784 1.5787154 words
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Article121 2012-08-29 29 As at 9am Aug 28 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.329 1.266 Can dollar 1.295 1.234 Euro 1.604 1.528 Sterling pound 2.016 1.939 NZ dollar 1.042 0.993 US dollar 1.272 1.224 Local dollars to 100 units of foreign121 words
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Article157 2012-08-29 29 Aug 28 $S Offer Bid 0vernight 0.02 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ 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 0.85 12157 words
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3375 2012-08-29 30 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE UK CONTINENT SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination Destination STXPO3,375 words
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Advertisement57 2012-08-29 30 Experienced sH s p maintenanc services wanted. Can they find your services Here in the Shipping Times? TO ADVERTISE, CALI IOE WONG AT 9620 1327 THE BUSINESS TIMES Shipping Times Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT57 words
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Advertisement18 2012-08-29 30 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times18 words
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Advertisement18 2012-08-29 31 TO ADVERTISE IN .The Business Times i nt uujiijljj iiivitj Shipping Times CALL JOE WONG HIGHLY VISIBLE RESULTS18 words
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Advertisement99 2012-08-29 32 If insurance companies expect premiums to be paid promptly, shouldn't the same be With 140 years of experience and over 60,000 employees serving customers around the globe, Zurich delivers for our customers when it matters most. Should you need to make a claim, you can be sure we're dedicated to99 words
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Advertisement182 2012-08-29 33 SAXO CAPITAL MARKETS A TRADER'S BEST CALL www.saxomarkets.com.sg Traders move with trends. Experienced traders move with SAXO. Experienced traders aren't swayed by trends. Regardless of situation and noise in the market place, they make the best-informed decisions that are backed by insights and analysis. Empower your online trading experience today182 words
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executive Money
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Article, Illustration754 2012-08-29 34 Chew Soon Gek, of Credit Suisse Private Banking, suggests how high net worth individuals should adjust their holdings IHT [SINGAPORE] THE coming months could be challenging for investors, as economic and market turmoil present risks to be managed. Chew Soon Gek, head ofIHT; BLOOMBERG - 754 words
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Article, Illustration880 2012-08-29 32 The company is targeting Asians as economies in the region expand at more than 30 times the pace of the UK Bloomberg [KUALA LUMPUR] BERDEEN Asset Management plc plans to start its first syariah-compliant stock funds targeted at Asian individuals as regional economies expandBloomberg; BLOOMBERG - 880 words
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Article, Illustration1072 2012-08-29 33 While the major players in Asia saw combined sales fall 32% in the first half, dealers are still hopeful that the second half will see a rebound IHT [NEW YORK] INVESTORS in fine art are probably happy that the first half of 2012 is over: ItIHT; BLOOMBERG PHOTOS - 1,072 words
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Advertisement147 2012-08-29 34 Deutsche Bank db.com Women in Asian Business Conference Inspire. Challenge. Change. September 12, 2012 Marina Bay Sands Featuring the following speakers and panelists By invitation Mrs Moneypenny Financial Times columnist, author and former investment banker Kiran Bedi Retired Indian Police Service officer, Indian social activist and NGO founder Jennifer Siebel147 words
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