The Business Times, 28 September 2012

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Microfilm: NL32237
Total Pages: 43
1 44 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Friday, eptember 28, 2012
    25 words
  • Article, Illustration
    Lock icon Unable to take pain, Greece, Spain lash out
    707 1  -  Eurozone crisis flares again as populace strikes out against austerity measures By NEIL BEHRMANN in London AFTER being in remission during the summer, the eurozone crisis has flared up again. Protesters, estimated at 6,000, marched in Madrid ahead of an expected harsh
    AP  -  707 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,059.43 (+12.75) GST INDEX FUTURES 3,059.00 (+12.00) GSIMSCI 351.03 (+1.22) GSIMSCI FUTURES 351.40 (+1.20) us$ s$ US$ (S$ per US$) 1.229 (US$/S$ per 1.619 1.989 EURO (US$/S$/€) 1.288 1.582 Foreign currency per US$ S$ YEN 77.70 63.20 RM 3.073 2.501 HK$ 7.754 6.311 BAHT 30.96 25.20 RUPIAH
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    • Article
      Lock icon MARKETS
      49 1 Thursday Change KL COMP 1,627.84 +8.54 NIKKEI 225 8,949.87 +43.17 HANG SENG 20,762.29 +234.56 SET INDEX 1,286.11 +11.61 JAKARTA COMP 4,225.02 +44.86 MANILA COMP 5,301.49 +8.86 SEOUL COMP 1,988.70 +8.26 SHENZHEN B 560.62 +8.22 MUMBAI IND 18,579.50 -52.67 12 noon EDT Change DOW 13,464.54 +51.03 NASDAQ 3,121.17 +27.47
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    • Article
      Lock icon PRIME RATES
      17 1 SINGAPORE 5.38 MALAYSIA 6.55 HONGKONG 5.00 INDONESIA 14.493 TAIWAN 5 036 JAPAN 1.475 Source: Bloomberg
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  • Article, Illustration
    Lock icon Sex, lies and flip-flop give Ng’s case a twist
    964 1  -  By GRACE LEONG [SINGAPORE] A day after the woman at the heart of a sex-for-business favours scandal testified that former Central Narcotics Bureau chief Ng Boon Gay forced her to perform oral sex, she was caught in the crosshairs of her
    AFP  -  964 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      534 2 Unable to take pain, Greece, Spain lash out AFTER being in remission during the summer, the eurozone crisis has flared up again. Protesters, estimated at 6,000, marched in Madrid ahead of an expected harsh Spanish budget which was about to be announced yesterday. Meanwhile, Greece’s two largest unions
      534 words
    • Article, Illustration
      Lock icon Half stake in 78 Shenton Way changing hands
      542 2  -  Deal values building at $608 million or $1,686 psf; buyer is Alpha Investment By KALPANA RASHIWALA [SINGAPORE] A property fund managed by Keppel Land unit Alpha Investment Partners is said to have inked a deal to acquire a half stake in 78
      YEN MENG JIIN  -  542 words
    • Article
      Lock icon Thais to review F&N businesses, maintain listing if bid succeeds
      660 2  -  By KENNETH LIM [SINGAPORE] The Thai consortium bidding for control of Fraser Neave (F&N) will evaluate various strategic options for the Singapore conglomerate, even though it has no current plans for major changes, according to an offer document despatched yesterday.
      660 words
    • Article, Illustration
      Lock icon Chinese boycott of Japanese goods grows in isles dispute
      535 4  -  It’s spreading from consumer items to capital goods and services, hurting trade By ANTHONY ROWLEY in Tokyo FEARS are growing that the territorial dispute between Japan and China over the Senkaku or Diaoyu Islands in the East China Sea could become
      REUTERS  -  535 words
    • Article
      Lock icon Economy expands less than forecast in Q2
      516 4 LATEST US DATA Bloomberg [WASHINGTON] The economy in the US grew less than previously forecast in the second quarter, reflecting slower gains in consumer spending and farm inventories. The world’s largest economy expanded at a 1.3 per cent pace from April through June
      Bloomberg  -  516 words
    • Article
      Lock icon Another 2,000 BTO flats to be rolled out in 2012 to keep lid on prices
      810 4  -  By MINDY TAN [SINGAPORE] The Housing and Development Board (HDB) is rolling out more flats this year in a bid to arrest runaway price increases and help meet housing demand. An additional 2,000 units will
      810 words
    • Article
      Lock icon A relationship that changes, confuses
      488 4  -  By GRACE LEONG [SINGAPORE] First, she testified under oath, her relationship with exCentral Narcotics Bureau (CNB) chief Ng Boon Gay was a commercial one, then it evolved into friendship. That was all, Cecilia Sue Siew Nang, the woman in the crosshairs of a sex-for-business-favours scandal
      488 words
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      27 2 Mis E 1 REVERS WARDROBE MARQUIS l-PO HOSPITALITY COMMERCIAL RESIDENTIAL KITCHEN WARDROBE FURNITURE LIGHTING 16 Tai Seng Street Level 1 S*****8 T: +65 6288 2843 enquiries@marquishqo.com www.marquishqo.com
      27 words
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      151 3 Charged with progressive ideas. And electricity. Change the game with the all-new Audi A6 hybrid. Get the performance of a 6-cylinder engine with a fuel efficiency of a 4-cylinder engine. The new Audi A6 hybrid boasts the highest torque in its class of 480Nm with 245bhp and the lowest fuel
      151 words
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      1175 4 free 1800-289-8822 Email notices@sph.com,sg www.cats.com.sg/notices NOTICE IS HEREBY GIVEN that the Annual General Meeting of TMC EDUCATION CORPORATION LTD. (the “Company”) will be held at 38C Jalan Pemimpin (Off Bishan Street 21) Singapore *****0 on Thursday, 25 October 2012, at 11.00 a.m., for the following purposes: ORDINARY BUSINESS 1. To
      1,175 words
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      432 4 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF LEHMAN BROTHERS BANGKOK RIVERSIDE DEVELOPMENT PTE. LTD. (In Members’ Voluntary Liquidation) (Co. Reg. No. *****6786H) NOTICE OF RESOLUTION MEMBER’S RESOLUTIONS IN WRITING PURSUANT TO ARTICLE 79 OF THE ARTICLES OF ASSOCIATION OF LEHMAN BROTHERS BANGKOK RIVERSIDE
      432 words
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      158 5 y r ‘M f m i Q?1 TIFFANY CO. FIFTH AVENUE NEW YORK TO TAKASHIMAYA S.C SINGAPORE An Avenue of Dreams, numbered Five by name but known evermore as the One where modern romance made its mark on cinematic history. By and by, Tiffany Co. has enamoured the world to
      158 words
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  • COMPANY NEWS
    • Article
      Lock icon TTI creditors and nTan must agree on manager fees
      669 6  -  If they fail to do so, nTan’s fee will be assessed by High Court Judge By NISHA RAMCHANDANI TT International (TTI)’s scheme manager nTan Corporate Advisory and the Monitoring Committee (MC) representing TTI’s creditors must together come to an agreement on
      669 words
    • Article
      Lock icon Business trusts line up 6.2-9.12% yields
      422 6  -  By MINDY TAN OF the business trusts listed on SGX, six are maintaining indicative dividend yields ranging from 6.2 per cent to 9.12 per cent, according to an SGX My Gateway report issued yesterday. Among these, Rickmers Maritime Trust offered the highest indicative dividend
      422 words
    • Article
      Lock icon DBS targets SUTD students with new Remix branch
      529 6  -  By SIOW LI SEN DBS Bank has clinched the site of Singapore’s latest university for another branch as it ramps up its campaign to target young adult customers. “We will have a Remix branch at SUTD’s new campus,” said DBS spokeswoman Fen
      529 words
    • Article, Illustration
      Lock icon GB shareholder questions placement
      810 9  -  Peter Cheng claims it will reduce his interest so board can vote against him By LYNN KAN AT watchlisted Grand Banks Yacht’s impending extraordinary general meeting on Oct 10, what will be front and centre is not only the original agenda of replacing the existing board,
      FILE PHOTO  -  810 words
    • Article
      Lock icon Ezra spinoff Triyards heads for Oct 18 listing
      201 9  -  By LYNN KAN TRIYARDS, Ezra Holdings’ fabrication yard spin-off, will be listed on the Singapore Exchange mainboard on Oct 18. Its listing will be through a dividend-in-specie allotted to existing Ezra shareholders, with every 10 Ezra shares entitled to a Triyards share.
      201 words
    • Article
      Lock icon Investors to double infrastructure investments, says Templeton
      384 9 Bloomberg [SINGAPORE] Investors worldwide are increasing their holdings in infrastructure assets to meet growing demand for financing to upgrade electricity, water and traffic projects, said Joyce Shapiro, managing director at Franklin Templeton Investments. Institutional investors around the globe currently have as much as
      Bloomberg  -  384 words
    • Article
      Lock icon Transcu gets SGX nod to resume trading
      571 10  -  But the company has to meet several conditions to satisfy the exchange By LEE MEIXIAN THE Singapore Exchange Securities Trading (SGX-ST) has given Transcu Group the nod to resume trading on SGX, more than three months after the troubled biotechnology firm submitted its
      571 words
    • Article
      Lock icon TTJ net profit up 15% at $16.6m
      340 10  -  By JASMINE NG TTJ Holdings, a mainboard-listed firm which operates dormitories and supplies steelworks to construction sites, has posted a 15 per cent year-on-year rise in its full-year net profit to $16.6 million. On a per-share basis, earnings stood at 4.75 cents, against
      340 words
    • Article
      Lock icon Lifebrandz sinks deeper into the red with $4.44m loss
      311 10  -  By TEO SI JIA LIFESTYLE company Lifebrandz has deepened its losses to $4.44 million for the full year ended July 31, from its net loss of $2.47 million a year ago. Loss per share was higher at 0.24 of a cent
      311 words
    • Article
      Lock icon Standard Life fund buying more property stocks
      621 10 Bloomberg [EDINBURGH] Standard Life Investments, Edinburgh’s largest fund manager, plans to buy more real estate stocks in the US and Asia and sell some properties in Brazil and Poland to improve one of its funds’ performance. The firm’s £522 million ($1.04 billion) Select
      Bloomberg  -  621 words
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      121 6 THE BUSINESS TIMES I “LOUIS HOOVER’S SALUTE TO SINATRA” CONTEST Simply sensational! Daily Mail (UK) H i i Ul' :=sm S*4 HE 1 i i buishoover.co.uk WWW nn ho V canris.com/ticketinB V man BOOKNffi o o marina bay sands RAMOS THEATER 8PM 20 OCT 18 V SMS WIN! Q: Fill
      121 words
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      39 6 FM klSS92 All the great songs in one place CLM/Ls Li\J& KjU6mJ m m m m Share your first kiss with Kiss92 and an Estee Lauder Pure Color lipstick could be yours! kiss92.sg D facebook.com/kiss92fm @kiss92fm Partner: ESTEE LAUDER
      39 words
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      203 7 Thank You! To all our existing and new shareholders and the professional teams who have made Jason Parquet Holdings Limited’s IPO a resounding success. (Incorporated in the Republic of Singapore on 12 August 2011) (Company Registration Number: *****9167Z) Established in 1987, we are one of the leading Singapore-based providers of
      203 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Talk of China cash injection boosts STI
      658 8  -  Brokers say index may also have gained from early window-dressing for current quarter STOCKS R SIVANITHY Senior Correspondent SPECULATION of cash injections by the China government yesterday helped propel China and Hong Kong stocks higher, while also helping the Straits Times Index bounce
      Source: Bloomberg  -  658 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 7 5 0 0 0 5 7 5 Manufacturing 69 39 40 4 8 7 73 47 47 Commerce 25 14 16 4 4 3 29 18 19 Tpt/Stor/Comms 19 8 16
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 18,421 18,421 62,636 62,636 Manufacturing 385,996 116,345 502,341 220,171 2,704 222,875 Commerce 225,417 14,875 240,292 136,896 649 137,546 Tpt/Stor/Comms 138,400 405 138,805 266,989 73 267,062 Finance 74,896 4,507 79,403 111,648 2,072 113,719 Construction 230,516 230
      123 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 8 Sep 27 VALUE CLOSE BT OB/OS 371.00 +61.0 BT CADI -*****.00 +108.0 BT 10-day MA -*****.00 +37.00 FTSE ST Mid Cap 737.28 +3.27 FTSE ST Small Cap 499.73 +3.69 FTSE ST All Share 747.79 +3.27 FTSE ST China Top 202.36 +1.11 FTSE ST China 219.90 +0.61 FTSE
      66 words
    • Article, Illustration
      Lock icon BROKERS’ TAKE
      904 8  -  Compiled by CAI HAOXIANG SingTel Sept 27 close: S$3.20 OCBC Investment Research, Sept 27 TEMASEK Holdings has entered into an agreement to sell 400 million shares in SingTel as part of its portfolio rebalancing. We understand that it has a upsize option to sell another 100 million shares.
      Source: Bloomberg  -  904 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      109 8 Stock name Close Change Stock name Close Change CapMallsAsia 1.660 +0.010 CapitaLand 3.190 CapitaMall 2.000 +0.020 CityDev 11.600 +0.050 ComfortDelGro 1.675 -0.005 DBS Grp 14.370 +0.110 F&N 8.890 -0.010 GLP 2.510 Genting SP 1.375 Golden Agri 0.665 +0.015 HK Land 6.000 IHH Healthcare 1.285 +0.005 JMH
      109 words
    • Article, Illustration
      Lock icon Euro nears 2 week low, market awaits Spain’s budget
      537 8 CURRENCIES Reuters [LONDON] The euro traded close to a two-week low against the dollar yesterday as investors awaited a draft budget from Spain that could pave the way for the country to request an international bailout. Uncertainty about when Spain will
      Reuters; REUTERS  -  537 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      54 8 VOLUME Golden Agri 162,464,000 IPCO Intl 110,912,000 Yoma 80,133,000 Kreuz 79,707,000 Equation 78,292,000 GSH Corp 63,223,000 Inno-Pac 62,524,000 SingTel 54,191,000 HLH Grp 50,501,000 Xpress 48,133,000 VALUE($) SingTel 173,631,595 Golden Agri 107,320,900 Noble Grp 52,689,524 GLP 50,943,287 CapitaLand 47,664,680 Keppel Corp 41,258,569 DBS Grp 38,318,350 Yoma 37,820,855 Kreuz
      54 words
    • Article
      Lock icon RISES
      111 8 BY CENTS CLOSE UP DBXT AUDCS 5AU$ ***** 278.5 1.1 JMH 5700 153.6 2.2 DBXT Nifty 10US$ ***** 115.5 0.9 DBXT FTChina25 10US$ 2631 57.7 1.8 DBXT S&P Short 10US$ 3514 57.7 1.4 Creative Tech 340 35.0 11.5 DBXT CSI300 10US$ 707 28.3 3.4 DBXT MSINDO 10us$ 1485 28.3
      111 words
    • Article
      Lock icon FALLS
      118 8 BY CENTS CLOSE DOWN DBXT MSUSA 10US$ 3500 -84.8 -1.9 GLD 10US$ ***** -59.0 -0.3 DBXT MSEurope 10US$ 4542 -24.6 -0.4 UOB.ES.1210 1961 -20.0 -1.0 Great Eastern 1500 -16.0 -1.1 STXPO 100 434 -16.0 -3.6 UOB 5.05%NCPS 100 ***** -15.0 -0.1 DairyFarm 1110 -13.5 -1.0 Asia Pac Brew 5290
      118 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
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      587 9 ASIAN M A T R Gourmet Culture Lifesty Proudly Presented by AMERICAN EXPRESS A Month-long Celebration of Asia's Cuisines, Culture and Lifestyle M I V f > ki EMBARK ON THE GASTRONOMIC ADVENTURE OF THE YEAR 1 30 November 2012 SfBBB m m w Bo GOURMET SIGNATURES Cuisine of Thulasidaran
      587 words
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      2852 10 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices L•C•DEVELOPMENT LTD (Company Registration No.: *****1118N) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 40thAnnual General Meeting of the Company will be held at Rendezvous Hotel Singapore, Straits Ballroom, Level 2, 9 Bras
      2,852 words
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      302 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ACCORDO ASIA PTE LTD (COMPANY NO: *****4613H) (IN MEMBERS’ VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting held at 7 Shenton Way, #0102 Singapore Conference Hall, Singapore *****0 on the 24th day of
      302 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon JTC releases 3 industrial sites for sale by tender
      549 11  -  Serangoon North plot is zoned for Business 1, Tuas plots for Business 2 By ZEINAB YUSUF SAIWALLA JTC Corporation released three industrial sites for tender yesterday, through the confirmed list of the Industrial Government Land Sales Programme. The sites are a
      549 words
    • Article, Illustration
      Lock icon M&C inks deal to manage China resort hotel
      324 11  -  By ARTHUR LEE MILLENNIUM Copthorne Hotels (M&C) yesterday signed a contract to manage its first resort hotel in China. The 151-room Millennium Hangzhou Resort sits in a forested hillside in Jiuxi Ping Feng or Nine Creek Mountain in Hangzhou in Zhejiang province.
      324 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Promoting CSR among youth
        88 11 CORPORATE social responsibility (CSR) advocate Singapore Compact has formed a partnership with National Youth Achievement Awards Council to get youths to promote CSR when they join the workplace. Said Tan Chuan-Jin, Acting Minister of Manpower and Senior Minister of State for National Development: “As we look
        88 words
      • Article
        Lock icon CASE accreditation for motor workshops
        29 11 THE Consumers Association of Singapore will sign a pact with Singapore Motor Workshop Association today to develop a joint accreditation scheme for the industry.
        29 words
      • Article
        Lock icon Deal signed for Kenya electronic system
        29 11 SINGAPORE Cooperation Enterprise has sealed a deal with the Kenya Trade Network Agency to design and implement the Kenyan Electronic Single Window System.
        29 words
    • Article, Illustration
      Lock icon Enjoying success after hard labour
      1039 11  -  By CHANG YIN HAO, LEE MEI XIN SAMANTHA LEOW YAN LING The writers are students from NUS Business School IF one peers beyond the stylish designs that mask the interior of most technological products, one will find numerous small electronic components critical in giving “life”
      1,039 words
    • Article
      Lock icon S’pore a magnet for PE and VC firms
      444 11  -  Last year city had $26.5b in assets under management By NISHA RAMCHANDANI THE Republic has become a choice destination for private equity and venture capital firms investing in the region, with Singapore-based VC and PE firms registering $26.5 billion in total assets
      444 words
    • Article
      Lock icon MOM, CPF to be more vigilant in enforcing workers’ rights
      304 11  -  By TEO SI JIA THE Ministry of Manpower (MOM) and the Central Provident Fund (CPF) Board will redouble efforts to tackle unfair employment terms. The two agencies will mount 5,000 joint inspection calls each year up from the current 500
      304 words
    • Article, Illustration
      Lock icon Expansionary, election Budget seen in KL today
      540 12  -  Goodies expected; Merrill Lynch sees 4.2% of GDP budget deficit forecast By S JAYASANKARAN in Kuala Lumpur MALAYSIA’S 2013 Budget, which will be tabled in Parliament today by Prime Minister Najib Razak, is expected to be expansionary, populist and aimed at a looming
      AFP  -  540 words
    • Article
      Lock icon Time for Indonesia to tighten policy: OECD
      580 12 It also urges Jakarta to cut energy subsidies Bloomberg [SYDNEY] Indonesia should be ready to tighten monetary policy as faster growth boosts inflation and reduce energy subsidies to focus on infrastructure needs, the Organization for Economic Cooperation and Development said. Gross domestic product
      Bloomberg  -  580 words
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      654 11 NutritionPark.com Longest Warranty! Lowest Prices! GREEN PROSTAR WHEY PLATINUM SERIES (5LBS) MAGNITUDE (1.84LBS) UP $178.50 UQT7 1 25g of protein, 6g of BCAA, 2g of corbs per serving. 80 servings per tub. SUPREME 5 LBS) a* JLTIMAIE NUTRITION ISO SENSATION 93 (5LBS) UP $230 $105 Patented formula to improve strength,
      654 words
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      2672 12 LUM CHANG HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Company Registration No.: *****3949N NOTICE OF ANNUAL GENERAL MEETING AND BOOKS CLOSURE NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 30th Annual General Meeting of the Company will be held at Rendezvous Hotel Singapore, Straits Ballroom 2
      2,672 words
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      187 13 www.citroen.com.sg ENJOY UP TO $25,000 OVERTRADE WHEN YOU PURCHASE A NEW CITROEN. FOR A LIMITED PERIOD ONLY. CITROEN DS3 1.4L/ 1.6L TURBOCHARGED ENGINE 3-DOOR HATCHBACK fr $125,988 CITROEN C3 1.4L 5-DOOR HATCHBACK fr $109,988 i S' > aO CITROEN DS4 1.6L TURBOCHARGED ENGINE 5-DOOR COUPE CROSSOVER fr $144,988 A f
      187 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China banks shun infrastructure loans in strategy shift
      591 14 State agencies pay lower interest while smaller clients are charged higher rates Reuters [BEIJING] Faced with shrinking profit margins, some Chinese banks are turning away from funding big infrastructure projects to focus on smaller clients who they can charge higher interest rates,
      Reuters; REUTERS FILE PHOTO  -  591 words
    • Article
      Lock icon Boashan halts production at Shanghai plant
      427 14 Reuters [SHANGHAI] Baoshan Iron Steel Co (Baosteel), China’s biggest listed steelmaker, said it has suspended production at a loss-making plant in Shanghai, in a sign of the intense pressure on the sector as steel prices trade near three-year lows. The steelmaker is one of
      Reuters  -  427 words
    • Article, Illustration
      Lock icon More reforms coming, says Chidambaram
      358 14 New measures will be put to cabinet, says finance minister AFP [NEW DELHI] India’s finance minister said yesterday that the government was preparing new economic reforms as it focuses on kickstarting investment in the sharply slowing economy. After years of policy logjam and corruption allegations,
      AFP; AFP FILE PHOTO  -  358 words
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      1755 14 beats notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HI-P INTERNATIONAL LIMITED Company Registration No. *****4817H (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Hi-P International Limited (the “Company”) will be held at Albizia Room, Level 2, Jurong
      1,755 words
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      181 14 IN THE MATTER OF THE COMPANIES ACT (CAP 50) AND IN THE MATTER OF REGATTA PROPERTIES PTE. LTD. (In members’ voluntary liquidation) Company Regn No: *****6584W NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of The Companies Act, Cap. 50, the Final Meeting of the
      181 words
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  • HUMAN CAPITAL
    • Article, Illustration
      Lock icon Success factor that’s often missing
      1521 15  -  Studies linking human capital and the bottom line underscore the importance of talent management, reports TEH SHI NING reportsTEH TEH SHI NING FEW business leaders would deny that human capital is important the very use of the term “capital” confers on workers a tangible value
      STOCK.XCHNG  -  1,521 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon German jobless rate up for 6th straight month in Sept
      722 16 Companies defer investment, hiring decisions amid austerity, slowdown Bloomberg [FRANKFURT] German unemployment climbed for a sixth straight month in September as a cooling global economy and Europe’s debt crisis prompted companies to hold back investment. The number of people without
      Bloomberg; AP  -  722 words
    • Article
      Lock icon Vietnam set for slowest growth in over 13 years
      724 16 Rising bad debt hurts lending, damps construction recovery Bloomberg [HO CHI MINH CITY] Vietnam’s economy is set to expand at the slowest pace since at least 1999 this year as rising bad debt at banks hurts lending and damps a recovery
      Bloomberg  -  724 words
    • Article
      Lock icon CEO confidence in US economy at 3-year low
      261 16 Reuters [NEW YORK] US chief executives’ view of the country’s economy deteriorated sharply in the third quarter and is now as bleak as it was in the immediate aftermath of the last recession, with more planning to cut jobs over the next
      Reuters  -  261 words
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      419 16 s 3>) Institute of Higher Learning Think Differently. Rise Above Others “CIMA has armed me with commercial and practical skills to dissect and focus on the core points from the peripheral points bringing effectiveness in my managing abilities Mr R Dhinakaran, Managing Director, Jay Gee Singapore Why Study CIMA? A
      419 words
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      15 16 RISSU1 Breakfast with 111 UU -356 56;5!8:2;5;,+ Si i 6"*83& (,87 MOST POWERFUL FERRARI YET
      15 words
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      38 16 CULTURE CONNECTION Indian classical arts give children from the Indian diaspora a chance to stay in touch with their roots FORCE INDIA SHINES AT SINGAPORE GRAND PRIX GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
      38 words
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      306 17 *4 V r I 7 COSY UP TO E BEST OF FALL. EFINING LUXURY, insideT\nd out' The lure of glamour and luxury has never come as close as it does this Fall. Once again, Paragon redefines fashion to let you step out in your own inimitable style. paragon citibank Citibank
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  • WORLD
    • Article, Illustration
      Lock icon EU makes pitch for businesses to get into the cloud
      741 18 Sector still beset by data protection fears, low take-up of cloud services AFP Reuters [BRUSSELS] The European Union moved yesterday to secure a toehold in a potentially lucrative market it says could deliver 2.5 million new jobs. “We want to
      AFP; Reuters  -  741 words
    • Article, Illustration
      Lock icon Myanmar poised for US$1 b in aid loans pledge
      441 18 AFP [TOKYO] Lenders will pledge US$1 billion for Myanmar when they huddle in Tokyo next month, a report said yesterday, as the one-time pariah nation is increasingly welcomed back into the world community. The report came as the United States said
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      Lock icon Australians richer after statistician’s A$325b discovery
      415 18 Reuters [SYDNEY] Australians are suddenly a whole lot better off after the government statistician “found” A$325 billion (S$416 billion) in share assets previously unrecognised. The Australian Bureau of Statistics yesterday released its latest report on household assets which included massive upward revisions to estimates
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      353 18 AFP [SYDNEY] Mining giant BHP Billiton yesterday asked South Australia state for a 46-month extension to the approval of its Olympic Dam project expansion, which was shelved last month on cost concerns. BHP, the world’s largest miner, put its multibil-lion-dollar plans to expand the
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      Lock icon Eurozone economic outlook darkens
      613 20 Business confidence falls to 3-year low; key indicators point towards recession Reuters [BRUSSELS] The outlook for Europe’s economy darkened yesterday with eurozone business confidence falling to a three-year low and a range of economic indicators across the continent pointing towards recession. Shrinking lending and rising unemployment
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      Lock icon Global M&As heading for a three-year low
      434 20 Bloomberg [NEW YORK] Global mergers and acquisitions slumped this quarter to a level not seen since the aftermath of the financial crisis amid increasing concern the economic recovery is deteriorating. Companies have announced US$446 billion of takeovers since June 30, the smallest amount
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      296 20 AP [NEW YORK] Campbell Soup is closing two US plants and cutting more than 700 jobs as it looks to trim costs amid declining canned soup consumption. The world’s largest soup maker said yesterday that it will close a plant in Sacramento, California,
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      Lock icon UK economy shrinks less than expected while incomes rise
      318 20 Q2 consumer spend, business investment figures also better than forecast Bloomberg [LONDON] The British economy shrank less than previously estimated in the second quarter and disposable incomes rose the most since 2009, boding well for the prospects of a recovery. Gross
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      245 20 AP [LONDON] UK Prime Minister David Cameron failed to excel on a British history quiz administered by US talk show host David Letterman. Mr Cameron was unable to provide the English translation of Magna Carta (Great Charter) or name the composer of Rule
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      64 18 Myanmar: Need to invest responsibly, Page 31 BANNOCKpinot f PINOT NOIR CENTRAL OTAGO %eri/£rur/tyPtn# New Zealand Wine Dinner Wednesday, 17 October l\/ini IMT n'CDPI MTV I viUUl M I Ull I IUULI I Hosted by Winemaker Matt Dicey Featuring the exclusive Pipeclay Terrace Pinot Noir 2009 rated 92 pts by
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      3135 19 k1 Ventures Limited (Company Registration No.: *****0535W) (Incorporated in the Republic of Singapore) Notice of Annual General Meeting/Closure of Books NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of k1 Ventures Limited (the “Company”) will be held at Grand Copthorne Waterfront Hotel, Riverfront Ballroom (Level 2), 392 Havelock Road,
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      109 20 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Industrial Government Land Sales: Land Parcels at Serangoon North Avenue 5 and Tuas South Street 8 PLOT PLOT Site Information Serangoon North Avenue 5 Land Area Tenure GPR Zoning 7,504 sqm 30 years 2.5 B1 Tuas South Street 8 (Plots 14 and
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      365 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ANG LIAN SOON PTE. LTD. (Co Registration No. *****0003W) (Incorporated in Singapore) (In Members’ Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of Ang Lian Soon Pte Ltd., duly held at 101 Upper Cross
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      2384 21 SaizenREIT;f SAIZEN REAL ESTATE INVESTMENT TRUST (a real estate investment trust constituted under the laws of the Republic of Singapore pursuant to a trust deed dated 27 September 2007 (as amended)) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of the unitholders of
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      3373 21 •SMHMESHOLDINGSLTD (the “Company") (Registration No: *****0338M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of St. James Holdings Limited (the “Company”) will be held at Shanghai Dolly, Clarke Quay, The Foundry, 3B River Valley Road, #01-01, Singapore
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      254 22 / 23 UNE THE MOST POWERFUL FAMILY IN THE WORLD. Each M vehicle pushes the limits of thrilling power and sophisticated design. The heart of an M, its engine, is not a tuned version of a standard production engine, but a completely new, specifically engineered motorsport masterpiece. From its suspension, aerodynamics, cockpit
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  • PROPERTY
    • Article, Illustration
      Lock icon Thinking outside the plot
      1039 24  -  People are making the most of their balcony space and gardens to help cope with the pressures of city living. By LIS A-ANN LEE ByLISA-ANN ByLISA-ANN LEE PICTURE this scenario: You have three cars and a finite amount of space in your residential compound. Do you:
      PHOTOS: GREENOLOGY; PHOTOS: GREENOLOGY, GREENEARTH LANDSCAPE  -  1,039 words
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      Lock icon Hotels plan to tap Kenya’s boom in business travel
      399 26 Hotels being opened as country sees 15% visitor surge in 2011 Reuters [NAIROBI] Some of the world’s biggest hotel brands including Marriott, Hilton and Rezidor are planning to open hotels in Kenya to cash in on a surge in business travellers
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      Lock icon Househunt
      1030 28 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN AUG 29 AND SEPT 4, 2012 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED The Sail Marina Bay Apt 30/08/2012 99 883 1722 1950 V On Shenton Apt 30/08/2012
      1,030 words
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      447 24 D04 HOUSE FOR SALE SENTOSA Sentosa Sea View Bungalow. Only above $18M, rarely avail. $28M true resort style. Negotiable! Priscilla 9003 7310 D04 HOUSE FOR SALE PARADISE ISLAND Detached Paradise Island, 7 bdrms Maid’s rm, Bubble lift. Pool. Berth. Luxurious built in 8859 sqft. Facing East. Neeza 9787 6959 D04
      447 words
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      103 24 D10 HOUSE FOR SALE JERVOIS HILL Rare! Good Class Bungalow Jervois Hill. 15,000 sqft land. Squarish. Wide frontage. Elevated. Land for rebuild. 9189 9609 D10 HOUSE FOR SALE MING TECK PARK Powerful Negotiators. Ming Teck Park area, 2-sty Semi-D, 3900/ 3500 sqft/ 4+1 rms. Closing soon. Hurry! Doreen Thang 9018
      103 words
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      928 25 D10 HOUSE FOR SALE SEMI-DETACHED Rare Gem! Holland Grove Semi-D 2 Adjoining 3 sty basement. 3200/ 4400 sqft. From $15XX psf. Ben Lee 9455 0457 JLL D10 HOUSE FOR SALE SIXTH AVENUE Sixth Avenue boutique bungalow. 4500/ 7668 sqft. Glass lift to all levels. Basement swimming pool. 6223 8856 D10
      928 words
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      232 25 D19 HOUSE FOR SALE SERANGOON GARDENS Bungalow in Serangoon Garden. Approx 5500/ 6500 sqft. 4-storey. A&A 7 years ago. Valued $6.8M. 9002 9010 Edwin D19 HOUSE FOR SALE SERANGOON GARDENS Serangoon Gardens. Corner Terrace, 999 yrs. Land 4163 sqft. Original, ideal for rebuild. Rare! Serious Seller! Dont Miss! D19 HOUSE
      232 words
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      135 26 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D28 HOUSE FOR SALE SEMI-DETACHED Mimosa Semi-D. 4330/ 4000 sqft 4+1. Big garden/ pool, huge master rm, N.S. $4.xm Alice 9387 7446 D01 APARTMENT FOR SALE MARINA BAY SUITES Ultra Luxurious Penthouse Marina Bay Suites. Magnificent Bay Sea View. 5+ family+ pool.
      135 words
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      119 26 D04 APARTMENT FOR SALE INTERLACE Interlace. Iconic Living. Developer/ Subsale Units available. Featured, 3+1 rms, High Floor, 1873 sqft. Sea/ greenery view. Priced to sell! D04 APARTMENT FOR SALE OCEANFRONT Oceanfront. 2 stunning views in 1 apartment. Unblock sea luxury yacht view. 2077 sqft 4+1. Sharon 8101 5665 D04 APARTMENT
      119 words
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      126 26 D08 APARTMENT FOR SALE CITY LOFT Penthouse, Freehold 2-Sty, 2rm, 2 baths. P/furn. No noon sun, pte jacuzzi roof terrace. 839sqft. MRT, near amenities/ Mall. Chris Lee 9784 9082 D09 APARTMENT FOR SALE ORCHARD RESIDENCES 3 bedroom 1808 sqft. Above #30. Excellent location. Tenanted. Serious seller! Hurry, don’t miss! D09
      126 words
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      115 26 D09 APARTMENT FOR SALE THE VERV 3 bedrooms. 5 minutes walk to Great World. MRT Doorstep! neg. 9147 0223 Jason Looi D09 APARTMENT FOR SALE TRIBECA 1378 sqft, 3+1 rm, F’hold, mins Orchard, CBD/ Robertson. Full Facilities $2.4M. Claire 9683 5830 D09 APARTMENT FOR SALE TRILLIUM Trillium. 1400 sqft. 3+1
      115 words
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      129 26 D10 APARTMENT FOR SALE HOLLAND HILL Lush On Holland Hill, Freehold. Just TOP, Exclusive Nestled on Hilltop, Unblocked View, MRT, 3 bedrm, 1475/ 1507/ 1561 sqft, from $18xxpsf D10 APARTMENT FOR SALE HOLLAND PEAK Freehold. A1 deco. Mins CBD, Orchard Rd, Holland village, MRT; Lush on Holland Hill 3-rm, 1507/
      129 words
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      229 27 D10 APARTMENT FOR SALE PARVIS Parvis Holland Hill. Just TOP. 3+1+large balcony. 1701sqft, pte lift, full facilities. F’hold. Near Holland Village. $2050 psf. D10 APARTMENT FOR SALE RIDGEWOOD Rare! Ridgewood Corner 3+1, high floor, windy panoramic view. $2.Xm. Near Henry Park sch/MRT. Enbloc potential. Buyers call Thomas 9759 8081 DTZ
      229 words
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      223 27 D11 21 APARTMENT FOR SALE NEXUS Nexus 4+1. 1496 sqft. #01. 4.5m High ceiling. Pool view. F/facilities. Serious seller. Vacant. Cheef 9800 8983 OT D11 21 APARTMENT FOR SALE SETIA RESIDENCES Setia Residences 4-bedroom 3348 sq.ft. Rare on market. Private Lift Whole Level. Garry Lew 9222 2204 D11 21 APARTMENT
      223 words
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      256 27 D15 APARTMENT FOR SALE VIEW MEYER 4 bdrms 1786 sqft. Freehold. Sea view. Nice reno. Serious seller. Make an offer! 9022 9949 Delvin D16 APARTMENT FOR SALE BEDOK COURT Bedok Ct (Renovated). 2271/ 2411sqft fr $800 psf; 6211sqft 5Penthouse. $676 psf Rare! Don’t miss! www.*****809.com D16 APARTMENT FOR SALE TANAMERA
      256 words
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      272 27 D19 APARTMENT FOR SALE KOVAN REGENCY 3 mins walk MRT! Exclusive Strata Terr. Home lift/ 2 carpark lots. Foreigner eligible. Designed with North South facing! Ji Wee 9859 6196 Huttons D19 APARTMENT FOR SALE KOVAN REGENCY Kovan Regency, 3-mins walk to Kovan MRT! All Designed with North South facing! Many
      272 words
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      250 27 D22 APARTMENT FOR SALE CASPIAN Caspian. Good Investment! Just TOP! MRT Doorstep. 2/2+1/3/4 bedrooms. From $888K. View anytime Dont’s miss! Call now!!! D22 APARTMENT FOR SALE THE CENTRIS Blk 75. 3+1. 1345 sqft. Unblock. High flr. Designer unit. Furn. F/facilities. Shops, amenities, MRT. Ask $1050 psf. Cheapest unit. Veronica V
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      123 28 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D11 21 HOUSE FOR RENT BERRIMA Berrima 5500 sqft, pool/ patio, designer decor, tranquil, elevated, low rent negotiable. 9799 6000 Albert OT D11 21 HOUSE FOR RENT LORNIE 18 Cluster bungalow with home lift. Fantastic layout. Resort style. 4600 sqft. 4+1+1. $13K.
      123 words
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      117 28 D20 HOUSE FOR RENT BRADDELL Braddell vicinity. 3 storey. Bungalow. 5+1 room. In-ground pool. 4500/ 6000 sqft. Australian Sch. $16K. Beverly 9838 9454 LandPLUS D23 HOUSE FOR RENT CASHEW Semi-D. 5-bedroom. Newly renovated, new pool, outdoor dining, big garden. $8.5K negotiable. Bonnie Liu 9880 6315 D23 HOUSE FOR RENT PAVILION
      117 words
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      117 28 D04 APARTMENT FOR RENT TURQUOISE Turquoise. 4+1 rooms, 2777 sqft. Partial furnished. Vacant immediate, waterway view. Any reasonable offer considered. D05 APARTMENT FOR RENT BLUE HORIZON Blue Horizon. Beautiful sea view! 1163 sqft. 3+1 bdrms. High floor. Nice decor. Shuttle to MRT. Paew 9829 0168 D08 APARTMENT FOR RENT CITYLIGHTS
      117 words
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      135 28 D09 APARTMENT FOR RENT MIRAGE TOWER Mirage Tower. River Valley. 2rm. 958 sqft. High floor. Great World City/ Chinatown. No commission payable for tenants. Victor 8428 0023 D09 APARTMENT FOR RENT RIVERGATE 1) Rivergate 2088sqft P/furn. Avail end Nov $1XXX 2) Yong An Park Penthouse 4+1 rms with attached 6700sqft
      135 words
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      124 28 D11 21 APARTMENT FOR RENT ASTOR GREEN Astor Green. 1-bedroom. Newly renovation. Fully furnished. Quiet. Available immediate. $2.9K neg. Lynn Poh 8168 2218 ERA D11 21 APARTMENT FOR RENT CITY EDGE City Edge. 2 bedrooms. Balcony F/Furn, Pool view. Novena MRT/ Mall. $4,395. Immediate. Glenda Wee 9383 1091 PN D11
      124 words
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      561 29 D11/ 21 APARTMENT FOR RENT THOMSON 800 Thomson 800. 3 rms. High flr. City view. Unfurn Furnished fridge, washer. Full facilities. $4.9K! D13 APARTMENT FOR RENT 8 WOODLEIGH Brand new 1-bedroom. 398 sqft From $2.8K 2-bedroom 840 sqft Fr $3.6K 3-bedroom 1098 sqft Fr $4.5K. 4-bedroom 1378 sqft Fr $5.8K
      561 words
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      300 29 D08 SHOP FOR SALE BUGISCUBE 470 North Bridge Rd Bugis Cube 999 years. 279 sqft, grease trap, water point. TOP 2013. $1.38M negotiable. Kelvin Quek 9873 7007 D08 SHOP FOR SALE SERANGOON ROAD $2.5M-$8M! Little India main S’goon/ Syed Alwi Mustafa/Arab St/Upp Dickson/ Dunlop St/ Desker/ Race Course. Foreigners eligible.
      300 words
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      306 29 D14 WAREHOUSE FOR SALE PAYA LEBAR ROAD Developer Sale! TOP soon! Paya Lebar B1 Warehse Ancillary Office Canteen Factory from $6xxK! Buy before goes up! Doreen 9007 3309 D15 SHOP FOR SALE KATONG SHOPPING CENTRE Don’t Miss! Katong Shopping Centre, 200 sqft, well renovation, heart of Katong. Serious seller, 9012
      306 words
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      313 29 D13 OFFICE FOR RENT RUBY LAND COMPLEX Free 1st month Rental. Private Unit for 2-4 pax Near town amenities. Attractive rate with free value added services. Pls call Owner 8688 3826 D22 FACTORY FOR RENT BOON LAY Boon Lay Area 1,440 sqft with 3.5m ceiling height, clean factory space Attractive
      313 words
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  • EDITORIAL & OPINION
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      Lock icon Beware unregulated get-rich-quick schemes
      458 30 EDITORIAL AN ECONOMIC and financial environment fraught with uncertainty surely makes a fertile ground for investment scams. Add to that all-time low interest rates and rising inflation, and you have restless investors who are easy prey for any number of unregulated investment schemes. Not all schemes,
      458 words
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      Lock icon Focus on the bigger picture at the meetings in Tokyo
      852 30  -  THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent RARELY has an allegedly moribund economy (some are even ready to write it off as a corpse) been examined and dissected so many times as Japan’s in recent times. Now the world’s economic
      852 words
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      Lock icon Performance mystery in corporate governance
      947 30  -  After years of policy intervention, have Singapore firms changed for the better? By LAWRENCE LOH IN the world of corporate governance, the year 2012 is significant. It is exactly 30 years since the release of the Cadbury Report in the UK and 10 years since
      STOCK.XCHNG  -  947 words
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      Lock icon Myanmar: Need to invest responsibly
      1410 31  -  Conflict, graft and corporate complicity in human rights abuses can contribute to significant business-related harm By MAHDEV MOHAN, LAN SHIOW TSAI SALIL TRIPATHI Mahdev Mohan is director of the Asian Peace-building Rule of Law Program (APRL) at SMU School of Law, Lan Shiow Tsai is
      AP  -  1,410 words
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      Lock icon Banks should learn to tell staffers: ‘just go ’
      959 31  - Banks should learn to tell staffers: ‘just go Time to push for significant drop in the proportion of revenue pot for employees REUTERS BREAKINGVIEWS By HUGO DIXON SHORTLY after last year’s bonus round, I was having lunch with the boss of an investment firm. He told me how he heard
      REUTERS  -  959 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon THAI getting its first A380 this week
      888 32 Superjumbo fleet to help fill 70% of premium seats, from 60% now Bloomberg [BANGKOK] Thai Airways International Pcl will receive its first Airbus SAS A380 superjumbo this week, boosting efforts to compete with Singapore Airlines Ltd and Emirates for lucrative corporate travellers. The
      Bloomberg  -  888 words
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      Lock icon Kingfisher exploring foreign buy-in
      375 32 WP [NEW DELHI] Kingfisher Airlines Ltd, the Indian carrier struggling with losses, says it is discussing a possible stake sale with overseas airlines after the government eased investment rules. “Yes, we are in talks,” chairman Vijay Mallya told reporters in Bangalore ahead of the company’s AGM
      WP  -  375 words
    • Article, Illustration
      Lock icon China shipper yields soar as freight rates sink
      814 32 Cost of insuring sovereign bonds rises to 3-week high Bloomberg [SINGAPORE] Bonds of China’s two biggest shippers are yielding the most in at least nine months as a slump in world trade drags freight rates to levels last seen in the 2008
      Bloomberg; BLOOMBERG FILE PHOTO  -  814 words
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      Lock icon China missing out on Asia’s budget airline boom
      917 32 AP [HONG KONG] When businesswoman Ren Hong flew home after a recent trip to Beijing on state-owned Air China, she was hoping for a decent in-flight meal to tide her over until she got back to the spicy cuisine of her native
      AP  -  917 words
    • Article
      Lock icon Search resumes after ferry sinking off Indonesia
      340 32 AP [JAKARTA] Rescuers continued to search Indonesian waters yesterday for people reported missing after a ferry collided with another ship and sank on Wednesday, with officials fearing some were trapped in cars on the wrecked vessel. At least eight people were killed in
      AP  -  340 words
    • Article
      Lock icon TRANSPORT STOCKS
      259 32 SGX '000 Sep 27 S$ +/-Vol CH Offshore 0.49 0.02 2305 Chuan Hup Hldg 0.25 unch 353 Cosco Corp 0.97 0.01 3395 s$ Ezra Hldgs 1.23 0.02 ***** First Ship Lea 0.12 unch 3449 Freight Links 0.07 unch 1492 Grand Banks 0.35 unch 125 Jaya Hold Ltd 0.58
      259 words
    • Article
      Lock icon The Business Times Shipping Times
      3476 34 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 n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination
      3,476 words
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      80 33 The Business Times is now on iPhone! Download the app for free from iTunes. Enjoy free breaking news and subscribe* for the full daily Business Times. ‘Get free access to premium content for up to 1 month when you subscribe on iTunes now. For a limited period only. •ml 4q
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      115 35 TO ADVERTISE IN The Business Times Shipping times CALL JOE WONG FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WO IMG AT 9620 1327 Can they find your services here in the Shipping Times? Celebrate Your Project Completion Come publicise your Project Completion, Ship Christenings Delivery of Newbuilds,
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  • SINGAPORE STOCKS
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      Lock icon SGX MAINBOARD
      2904 36 Transaction date: Sep 27 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 Company Last Sale Vol Day Last Quote (’000) High Low Buyer Seller 145 92.5 AIMSAMPIReit 140.5 unch 192
      2,904 words
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      Lock icon SGX CATALIST
      209 37 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’vr
      209 words
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      Lock icon UNIT TRUST & FUNDS
      8240 37 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 American Opp 0.7383/ FM local
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      Lock icon GLOBALQUOTE
      206 37 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 39.5 25.5 AVJennings A30 unch 40 30 30 30 31 3.6 11.7 2.4 78.1 41.5 25.5 Genting HK US$ US32.5 unch 4002 33 32.5 32.5 33 2140
      206 words
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      Lock icon SGX ETF
      926 37 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124.9 114.4 ABF SG Bond ETF 119.1 -0.9 5 120.5 118.4 119 120.5 543.7 127.1 120.4 CIMB APAC Div 100S$D 127 126 126.8 103.1 95.8 CIMB
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      650 38 Sep 27 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8856.31 8959.25 8844.06 Dec12 8925.00 8965.00 8830.00 8955.00 ***** *****3 Mar13 8945.00 507 1025 MSCI TAIWAN INDEX FUTURES SPOT 272.46 273.57 271.92 Sep12 273.30 274.10 271.00 273.24 *****6 ***** Oct12 273.50 274.90 271.30 274.80
      650 words
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      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 38 In local curr In S$ In US$ dy yr dy yr dy yr Sep 26 Index Change Change Change Change Change Change World Preliminary 914.8 -1.0 10.2 -0.6 5.3 -1.3 10.8 EAFE Preliminary 727.3 -1.7 6.6 -1.7 2.1 -2.4 7.4 Europe Preliminary 1104.8 -1.9 7.6
      373 words
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      Lock icon SMX MARKET UPDATE
      121 38 As on 26 September 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL INDIA GOLD (E-GOLD) FUT OCT2012 588.50 587.10 584.40 99 GOLD FUT DEC2012 1767.30 1739.50 1753.40 31 INDIA GOLD (E-GOLD) FUT DEC2012 589.80 582.50 585.80 909 CURRENCY EUR-USD FUT DEC2012 1.2917 1.2847
      121 words
    • Article
      Lock icon CHICAGO BOT
      107 38 Sep 26 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 12 1573.00 1611.50 1613.25 1565.00 Jan 13 1574.25 1614.25 1615.25 1567.25 Mar 13 1531.75 1576.50 1577.00 1526.00 May 13 1488.25 1526 1525.75 1484.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 12 51.65
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 38 CRUDE OIL PRODUCTS Sep 26 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.21 -1.82 WTI (Near Mth) 90.02 -1.15 Dubai (1-Mth F) 106.85 -0.83 Tapis blend 113.57 -0.74 Minas 108.72 -0.74 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 103.28 -0.28 Jet Kerosene 128.76 -0.77 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      23 38 Sep 27 Sep s$ Bid Offer 1-month 1.2285 1.2290 2-months 1.2285 1.2290 3-months 1.2285 1.2290 6-months 1.2282 1.2288 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      66 38 Sep 26 Sep 26 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2042.75 2078.50 3 months 2072.00 2105.00 Copper, Grade A(US$/tonne) Cash 8122.00 8271.00 3 months 8120.00 8275.00 Lead(US$/tonne) Cash 2257.25 2316.00 3 months 2264.00 2320.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3
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      Lock icon LIFFE
      79 38 Sep 26 COCOA (£/tonne) Close Prev High/Low Dec 12 1597 1598 1621/1586 Mar 13 1591 1591 1613/1580 May 13 1597 1598 1619/1588 Jul 13 1603 1604 1624/1594 COFFEE(US$/tonne) Close Prev High/Low Sep 12 2130 2144 Nov 12 2130 2144 2150/2115 Jan 13 2144 2154 2163/2125 Mar 13 2156 2162
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      988 38 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 1 146 598 5.38 20 Conv Ratio Baker Technology Ltd W*****6 1.1 0.4 8095 1 32 -1 30.45 2 Price Best World Intl Ltd W*****5 0.3 1
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      Lock icon INTERBANK CROSS RATES
      470 38 Sep 27 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.023 6.554 0.808 8.064 55.429 99.741 0.808 11.617 3.196 1.259 98.628 43.557 1.278 8.538 0.977 30.581 32.200 0.642 1.040 Canada 0.978 6.410
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      Lock icon SIBOR
      64 38 Sep 27 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths SWAP Mid rates (S$) 12 mths 0.***** SWAP
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      Lock icon PRECIOUS METALS
      134 38 Sep 27 GOLD(US$/oz) Sep 27 Sep 26 Hong Kong 1764.00 1757.00 Sep 26 Sep 25 London 1742.00 1771.70 1742.75 1772.05 Source: Thomson Reuters CAST BAR Sep 27 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 167 69 5gm 474 347 10gm 846 694
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      Lock icon GOVERNMENT SECURITIES
      90 38 Sep 27 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 27-Dec-12 0.29 6-Month BS*****X 21-Mar-13 0.3 1-Year BY*****T 02-May-13 0.3 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 99.93 5-Year N*****0Z 2.375 01-Apr-17 108.67
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    • Article
      Lock icon PALM OIL
      57 38 Sep 27 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 12 2455.0 2480.0 2481.0 2435.0 292 3249 Nov 12 2525.0 2545.0 2566.0 2504.0 2201 ***** Dec 12 2598.0 2616.0 2634.0 2569.0 ***** ***** Jan 13 2667.0 2685.0
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      Lock icon INTERBANK CURRENCY RATES
      155 38 Sep 27 Sep Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2773 1.2783 1.0398 1.0403 Canadian dollar 1.2491 1.2502 1.0174 1.0169 Euro 1.5814 1.5824 1.2874 1.2878 NZ dollar 1.0142 1.0157 0.8256 0.8266 Sterling pound 1.9884 1.9894 1.6187
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 38 As at 9am Sep 27 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.306 1.244 Can dollar 1.278 1.218 Euro 1.621 1.544 Sterling pound 2.029 1.951 NZ dollar 1.042 0.993 US dollar 1.248 1.2 Local dollars to 100 units of foreign
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      Lock icon INTERBANK RATES
      160 38 Sep 27 $S Offer Bid 0vernight 0.05 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.3 US$ Offer Bid 7 days 0.25 0.15 1 month 0.35 0.20 2 months 0.45 0.25 3 months 0.50 0.30 6 months 0.80 0.60 9 months 0.95 0.75 12
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  • executive lifestyle
    • Article, Illustration
      Lock icon SCULPTURES IN DEMAND
      1930 39  -  Sculpture appears to be the next big thing in the art market. At least four world renowned sculptors have come this way to showcase their works and bring attention to this art form, report CHEAH UI-HOON and HELMI YUSOF reportCHEAH reportCHEAH UI-HOONandHELMI YUSOF Rust-coloured flowers rising from
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    • CINEMA/MUSIC
      • Article, Illustration
        Lock icon Slow-burningbizarre love triangle
        487 40  -  By DYLAN TAN A COMING-OF-AGE story with a twist, GF*BF is bound to draw comparisons with You’re The Apple of My Eye because both hail from Taiwan and deal with the subject of love as it spans through the decades. But the similarities also end there; while
        487 words
      • Article, Illustration
        Lock icon Bad is better than good
        656 40  -  CD REVIEWS By CHRISTOPHER LIM A BOY walked into a music store in 1988 to buy his first compact disc, and there was no doubt which release he was itching to blow his hoarded pennies on: Michael Jackson’s Bad. After all, his cassette version of
        656 words
      • Article, Illustration
        Lock icon Bike couriers deliver in style
        612 40  -  Premium Rush is one extended gut-busting chase through New York streets, says GEOFFREY EU GEOFFREY EU AS any visitor to New York will attest, it takes talent, nerves of steel and a sense of reckless abandon to navigate the mean streets of Manhattan and that's
        612 words
      • Article, Illustration
        Lock icon Plenty of drama but not enough action
        578 40  -  By DYLAN TAN CHINESE history gets the lavish big-screen treatment in The Assassins, first-time di-rector-screenwriter Zhao Lin Shan’s take on the classic Romance of the Three Kingdoms saga. He goes the whole nine yards to make this look like a blockbuster from the
        578 words
    • BOOKS
      • Article, Illustration
        Lock icon Successful women, revealing stories
        714 41  -  Twenty-five high-flying women pen stories about their lives, careers and the hurdles they’ve had to overcome, reports HELMI YUSOF reportsHELMI reportsHELMI YUSOF RAPE is not a topic a woman commonly writes about for the whole world to read. But when Winnie M Li was asked to
        714 words
      • Article, Illustration
        Lock icon As self-indulgent as the first
        486 41  -  By CHRISTOPHER LIM FANTASY romance novels are hardly the stuff of academic substance, so when American scholar and historian Deborah Harkness decided to wade into fiction with a vam-pire-witch romance series called the All Souls Trilogy, things looked promising. The trilogy got off to a
        486 words
    • PURSUITS
      • Article, Illustration
        Lock icon What’s this chef doing in school?
        791 42  -  Stroobant takes over Stamford Int’l American School’s cafeteria to serve nutritious meals, says NATALIE KOH NATALIE KOH SINGAPORE might not have the worrying percentages of obesity in young people as the UK, but that wasn’t enough to put celebrity chef Emmanuel Stroobant at ease
        791 words
      • Article, Illustration
        Lock icon All about playing with a friend
        501 42  -  By CHRISTOPHER LIM World of Warcraft: Mists of Pandaria $49.90 Rating: BBorderlands 2 $59.90-$199.90 depending on version Rating: B FOR many gamers, the world’s divided into single-player titles where you and only you inhabit a world and interact with automated characters, and multi-player ones
        501 words
      • Article, Illustration
        Lock icon Sharks wading in shallow waters
        479 42  -  By HELMI YUSOF THERE are good bosses and bad bosses. And then there are really, really horrible bosses. In Swimming With Sharks, Adrian Pang plays Buddy, a boss so nasty and abusive that his whipping boy Guy (George Young) literally wants to kill him. And
        479 words
      • AroundTown
        • Article
          Lock icon Music
          214 42 Brand New: Sarah Cheng De-Winne: Wind down the work week with a jazzy and soulful late night set by local singer-songwrit-er Sarah Cheng De-Winne. The 24-year-old will be performing tracks from both her just-released full-length debut album Brand New as well as her 2010 EP Let’s Pretend. The show
          214 words
        • Article
          Lock icon Theatre
          122 42 BluePrince: An artist kept in confinement dreams of coffins and parking lots. Then one day, he wakes up and finds himself in an electrical substation, which he turns into a home for the arts. A whimsical play paying tribute to the late theatre doyen Kuo Pao Kun, who founded
          122 words
        • Article, Illustration
          Lock icon Art
          132 42 Reminiscence A Solo Exhibition by Ho Chee Lick: A professor of linguistics at the National University of Singapore and a largely self-taught artist, Dr Ho Chee Lick has produced paintings that have captured both the interior emotional landscapes of Singaporeans and the exterior landscapes of Singapore life. These works
          132 words
    • WINE
      • Article, Illustration
        Lock icon A great exposition of classic Bordeaux
        1006 43  -  The L’Evangile is very lovely, Carruades and Grand Vin, very representative, and Rieussec, the perfect finish, says N K YONG N K YONG SINGAPORE'S wine aficionados don’t always appreciate their good fortune. There would be few other cities in this part of the world
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    • THE ROAD LESS TRAVELLED
      • Article, Illustration
        Lock icon A coffee experience with a difference
        1576 44  -  Since it opened about two months ago, the all-in-one Chye Seng Huat coffee stop has been attracting legions of young coffee drinkers, reports GEOFFREY EU reportsGEOFFREY reportsGEOFFREY EU GOURMET coffee drinkers of Singapore, rejoice. They have seen the Promised Land, and its name is
        JOHN HENG  -  1,576 words
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  • Page 40 Miscellaneous
    • Miscellaneous
      Lock icon Page 40 Miscellaneous Column 1
      303 40 CRYPTIC CROSSWORD Across 1 Covered passages in a sacred building (7) 5 Hint there may be a number in favour (7) 9 Wine and port provided with German agreement (5) 10 Good ones can always grow better (9) 11 Showers seen at the bathroom trade fair? (10) 12 Select fruit
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      219 41 Until Stephen Wiltshire had recreated the entire New York skyline from memory, he would not rest. (New York, 2011.) il 1 A gas ■-V2 4. '■r*~ f XI i 4 How can an artist’s vision inspire your client advisor? Two qualities shine through in the work of the celebrated artist,
      219 words
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      17 43 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements ESAT3 NOTICES
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      Lock icon Page 43 Advertisements Column 2
      515 43 Harvey Norman COFFEE COOKING CONCEPT STORE N 'J Li/ i t.siQbout esi n CPVrsXP ,VC e c"° 9' v 0 BOSCH Invented for life Brandt Innovations you need De Dietrich SETTING NEW VALUES i a i Better Everyday 'TThk&ij if- yr»v_ Electrolux Fisher&Paykel GAGGENAU fu/Ui KRUPS Miele IMMER BESSER KRUPS
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      275 44 Performance Motors Limited bmwindividual.sg Sheer Driving Pleasure BMW INDIVIDUAL. EVERY DETAIL, A MARK OF CRAFTSMANSHIP. Only a space sensually finished can evoke exquisite moments of beauty. BMW Individual offers a palette of gorgeous interior trims that create a fascinating interplay of noble woods, accents and colours, composed to your preferences.
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