The Business Times, 29 September 2012
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2012-09-29
1
20
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section14 2012-09-29 1 weekend THE BUSINESS TIMES www. usinesstimes.com. g| SEPTEMBER 29-30, 2012 S$1.00| MICA (P) 075/08/201214 words
-
Article33 2012-09-29 1 BANK LENDING THE rise to $468.8 billion follows two months of slowdown and was driven by a sharp rise in business loans to the manufacturing sector. 233 words
-
36 2012-09-29 1 FOREIGN HIRES IT costs an average of US$203,820 to hire an expatriate middle manager here, less than in Thailand and the Philippines, going by the latest survey by ECA International. 436 words
-
Article37 2012-09-29 1 SEX SCANDAL KEY prosecution witness in trial of former Central Narcotics Bureau chief is grilled by the defence over damning statements she had made to the Corrupt Practices Investigation Bureau. 637 words
-
Article29 2012-09-29 1 IPO WATCH ITS share offering on the Singapore Exchange includes an international placement to institutional investors and others, as well as a public tranche. 729 words
-
932 2012-09-29 1 Kenneth Lim - F&N shareholders approve sale of APB to Heineken; Thais block distribution plan By Kenneth Lim kenlim@sph.com.sg Singapore FRASER Neave (F&N) shareholders finally called a Tiger Timeout after 81 years, voting overwhelmingly yesterday to sell the company’s interests in Asia Pacific Breweries (APB). But932 words
-
682 2012-09-29 1 S Jayasankaran - By S Jayasankaran btworld@sph.com.sg Kuala Lumpur PRIME Minister Najib Razak unveiled a populist and expansionary Budget yesterday, increasing total spending for 2013 by 8 per cent to RM251.6 billion (S$101 billion). Of this, RM201.9 billion against projected revenues of 208.6 billion in 2013682 words
-
Page 1 Advertisements
-
Advertisement28 2012-09-29 1 the business www. usinesstimes.com. the raffles conversation ALLAN ZEMAN, MR LAN KWAI FONG 10-11 CEOS'HAWKER CHOICES The best beef noodles L6-8 LIVING Salmon fishing in The Lovund L2-528 words
-
Advertisement8 2012-09-29 1 WEALTH QE3 and its impact on investors 30-318 words
-
-
TOP STORIES
-
496 2012-09-29 2 Teh Shi Ning - By Teh Shi Ning tshining@sph.com.sg Singapore BANK lending growth quickened in August after two months of slowdown, driven by a sharp rise in business loans to the manufacturing sector. Preliminary numbers from the Monetary Authority of Singapore (MAS) show that domestic banking unit496 words
-
MARKETS
-
Article58 2012-09-29 4 GSTI 3,060.34 (+0.91) GSTI FUTURES 3,061.00 (+2.00) GSIMSCI 351.39 (+0.36) GSIMSCI FUTURES 352.00 (+0.60) Friday Change KL COMP 1,636.66 +8.82 NIKKEI 225 8,870.16 -79.71 HANG SENG 20,840.38 +78.09 SET 1,298.79 +12.68 JAKARTA 4,262.56 +37.54 MANILA 5,346.10 +44.61 KOSPI 1,996.21 +7.51 SHENZHEN B 573.43 +12.81 MUMBAI IND 18,762.74 +183.24 12.0058 words
-
Article27 2012-09-29 4 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.188 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.50 INDIA 14.7527 words
-
Article49 2012-09-29 4 FOREX US$ S$ US$ (S$ per US$) 1.225 (US$/S$ per 1.624 1.989 EURO(US$/S$/€) 1.293 1.584 Foreign currency per US$ S$ YEN 77.60 63.30 RM 3.063 2.501 HK$ 7.754 6.331 BAHT 30.79 25.14 RUPIAH 9,580 7,821 RENMINBI 6.287 5.133 INDIAN RUPEE 52.67 43.00 A$ 0.957 0.781 NZ$ 1.199 0.97949 words
-
-
451 2012-09-29 4 Joyce Hooi - By Joyce Hooi joy ce h @s p h .co m .sg Singapore THE High Court yesterday sentenced Anthony Aurol executive director of PPL Shipyard to five days in prison for contempt of court. The sentence has been stayed, pending his appeal.451 words
-
Article, Illustration562 2012-09-29 4 Chuang Peck Ming - Annual package for expat middle manager in Singapore about US$25k lower By Chuang Peck Ming peckming@sph.com.sg Singapore EXPATRIATE staff may come relatively cheap here these days cheaper than in “low-cost” locations such as the Philippines and Thailand. It costs an average of US$203,820 inSource: ECAInternational - 562 words
-
Article, Illustration1004 2012-09-29 6 Grace Leong - By Grace Leong gleong@sph.com.sg Singapore DESPITE repeatedly denying that she had an intimate relationship with former Central Narcotics Bureau chief Ng Boon Gay, the woman at the centre of one of Singapore’s biggest corruption scandals contemplated divorcing her husband for him.WONG KWAI CHOW/THE STRAITS TIMES - 1,004 words
-
Article, Illustration415 2012-09-29 7 Nisha Ramchandani - IPO proceeds will be used to fund its expansion into Indonesia and as general working capital By Nisha Ramchandani nishar@sph.com.sg Singapore RETAILER Courts Asia is shopping for a listing on the Singapore Exchange (SGX), after having lodged its preliminary prospectus with the MonetaryFILE PHOTO - 415 words
-
Article, Illustration827 2012-09-29 8 Joyce Hooi - COMMENTARY Joyce Hooi joyceh@sph.com.sg Correspondent LORE has it in the car trade here that a manager of a car brand was once asked about his top-performing saleswoman and the secret of her success. She sleeps around, he replied unblinkingly. And here, in this cold-eyed assessment of827 words
-
544 2012-09-29 8 Teo Si Jia - By Teo Si Jia teosj@sph.com.sg Singapore THE Singapore Exchange (SGX) has outperformed global markets with a significant increase in the value of its clutch of initial public offerings, according to Ernst Young’s (E&Y) global IPO update. Even as544 words
-
-
Page 2 Advertisements
-
Advertisement158 2012-09-29 2 M f r s t Hwa Chong internatdnal school A MEMBER OF THE HWA CHONG FAMILY OF SCHOOLS B1 JT a A vV I Vi 11 A 4 1 n 9 9 1 1% i U w We are a local international high school offering a six-year programme that prepares158 words
-
-
Page 3 Advertisements
-
Advertisement616 2012-09-29 3 All you need is from S$13,500 down payment to own Kuala Lumpur s Most Unique Studio Suites Along Embassy Row C y iV*. "ms. ■mA m m m MSi m m y- fill fc m sr '•<!him I ijlii MW A W 1 111 I! i i s i H616 words
-
-
Page 4 Advertisements
-
Advertisement64 2012-09-29 4 CONTENTS NEWS Top Stories 2-8 Week in Review 9 Raffles Conversation 10-11 Companies 12-15 From the Desk of 16 Singapore 17-18 World 19-22 Stocks Stats 23-27 Perspective 28-29 Wealth 30-35 Show Me The Money 33 House Hunt 34 Real Estate 35 LIVING Cover Story L2-5 CEOs’ Hawker Choices L6-8 Style64 words
-
-
Page 5 Advertisements
-
Advertisement83 2012-09-29 5 In the future, salt water will quench our thirst. wm Ml m V 'SQ i The world is short of water but long on imagination. Electrodialysis is leading-edge technology that turns seawater into drinking water. HSBC can help you tap into ideas that will meet the needs of a growing83 words
-
-
Page 6 Advertisements
-
Advertisement67 2012-09-29 6 SINGAPORE —SWEEP— 1 st prize $2,200,000 2» PRIZE $500,000 3» PRIZE $250,000 SNOWBALLEIcffo $800,000 I H sst s ,S,$2 IR ia-H ’0/2012 SWEEP- ■gODd ■EL''— $2.2 Mllli-0 2nd Pr'*« $500,000 (250,000 Draw NO. 10/2012 S3 '#*****40 $3 ioflj0iM E) DRAW ON WEDNESDAY, 3 OCTOBER 2012 p L A Always play67 words
-
-
Page 7 Advertisements
-
Advertisement26 2012-09-29 7 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices^spli.com.sp. S WATS26 words
-
Advertisement98 2012-09-29 7 OPEN HOUSE 28th 30th September 2012 (Friday Sunday) 10:00 am 7:00 pm FIFTEEN ROBIN ROAD FOR LEASE Brand New Luxurious Condominium in District 10 FACILITIES Swimming pool Children’s Pool Children’s Playground Fitness Centre Barbeque Area 24-hour Security Service Complimentary Parking EXCLUSIVE PRIVATE LIFT 2 Bedrooms 1,400 sq ft 3 Bedrooms98 words
-
-
Page 8 Advertisements
-
Advertisement55 2012-09-29 8 BOC Aviation is hiring a Compliance Manager HVN is recruiting a Sales Executive Grocery Logistics of Singapore looking for an Operations Executive NSL OilChem Services has a position open for a Laboratory Technician Ocean Health has a vacancy for the position of Key Account Executive Check out more than 50055 words
-
-
WEEK IN REVIEW
-
THIS WEEK September 24-28, 2012
-
67 2012-09-29 9 A SLEW of US dollar-denominated bond deals have been made by Singapore companies in recent weeks, in light of excess liquidity and increasing demand from non-Asian investors diversifying from their home markets. So far this year, there have been 13 US dollar bond67 words
-
42 2012-09-29 9 THE Business Times is launching its iPhone app, which will be available for download from the Apple App store on Monday. The app, called “The Business Times Singapore”, offers free daily news summaries and real-time breaking news.42 words
-
60 2012-09-29 9 THE Securities Industry Council has rejected Fraser Neave’s bid to make a Thai consortium raise its general offer to adjust for a proposed capital reduction, the Singa-pore-listed conglomerate announced on Monday. The Thais, however, may still need to raise their offer if60 words
-
47 2012-09-29 9 GENNEVA Pte Ltd, a gold trading company offering a “buyback” scheme, appears to be in hot water. At least one customer has re- cently won an interlocutory judgment against it in the Subordinate Court, pending an assessment of damages.47 words
-
74 2012-09-29 9 SHARES of Standard Chartered plunged more than 3 per cent on Tuesday following a report that Temasek Holdings is considering selling its 18 per cent stake in the UK bank. Temasek’s $198 billion portfolio endured an interesting ride. While it declined to74 words
-
87 2012-09-29 9 IT’S tough to be rich in Singapore. For the ladies, a pair of classic Louboutin pumps costs US$2,714 h e r e US$1,005 in Hong Kong. For the co m p a r e d w i t87 words
-
60 2012-09-29 9 A TECHNICAL recession now looms larger and with it, stronger expectations that the central bank will loosen monetary policy slightly next month. Singapore’s factory output unexpectedly shrank 2.2 per cent in August from a year ago its first contraction in four months weighed down60 words
-
63 2012-09-29 9 THE Thai consortium seeking control over Fraser Neave (F&N) has declared that it will block a proposed capital reduction for the Singapore conglomerate. With no other concrete plan on the table for F&N to return proceeds from a proposed disposal of Asia Pacific Breweries,63 words
-
56 2012-09-29 9 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 as BT went to press. Meanwhile, Greece’s two56 words
-
Article, Illustration131 2012-09-29 9 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 own testimony when defenceKUA CHEE SIONG/THE STRAITS TIMES - 131 words
-
-
Article71 2012-09-29 9 US DATA Oct 1 Aug construction spending Oct 2 Sept motor vehicle sales Oct 4 Aug factory orders CHINA DATA Oct 1 Manufacturing PMI EVENTS Oct 1 World Bank briefing on World Development Report 2013 Oct 2 Reserve Bank of Australia interest rate decision Oct71 words
-
-
Page 9 Miscellaneous
-
Miscellaneous333 2012-09-29 9 Across 1 Novel book in four parts (later, when revised) (9,6) 9 Novel reveals exploits involving sly criminal (7) 10 Wind, more vicious across dunes, initially (7) 11 Mates falling out under canvas will? (9) 12 Greek character volunteers after article appears (5) 13 Old soldier or cadet in the333 words
-
Miscellaneous18 2012-09-29 9 SATURDAY with Ludwig ‘Could you sug gest a destination with the highest exchange rate for the Singapore dollar18 words
-
-
THE RAFFLES CONVERSATION
-
Article, Illustration2240 2012-09-29 10 / 11 Shu-Ching Jean Chen - Hong Kong could have been a very different place without Allan Zeman, the man who singlehandedly reinvented the city’s nightlife 30 years ago. By Shu-Ching Jean Chen By Shu-Ching Jean Chen btworld@sph.com.sg ALLAN Zeman was born to a Jewish family in Germany to Polish parents after2,240 words
-
-
COMPANY NEWS
-
676 2012-09-29 12 Nisha Ramchandani - By Nisha Ramchandani nishar@sph.com.sg Singapore THE combined market value of Singapore Ex-change-listed companies as at yesterday’s market close was $847.4 billion, edging up some 2 per cent from $829.3 billion as at the end of last month. The figure is also an676 words
-
Article, Illustration472 2012-09-29 12 Kalpana Rashiwala - By Kalpana Rashiwala kalpana@sph.com.sg Singapore FAR East Organization, United Industrial Corporation and Sim Lian are among the parties vying for the freehold NOL Building at Alexandra Road, BT understands. Negotiations are said to be underway to up the price to as472 words
-
Article, Illustration604 2012-09-29 13 Mindy Tan - CapitaMall Crystal has a gross floor area of 72,000 sq m and caters to the middle to upper-middle income levels By Mindy Tan tanmindy@sph.com.sg Singapore RESIDENTS in Gongzhufen, in the Haidian district of western Beijing, can now enjoy a greater variety of entertainment,604 words
-
413 2012-09-29 13 Carine Lee - By Carine Lee carinel@sph.com.sg Singapore THE inaugural private placement by Ascendas India Trust (a-iTrust) of 139 million new units at 72 cents apiece to raise up to $100 million has been about 2.6 times subscribed. Its trustee-manager Ascendas Property Fund Trustee Pte Ltd announced413 words
-
Article, Illustration993 2012-09-29 14 R Sivanithy - STOCKS R Sivanithy sivan@sph.com.sg Senior Correspondent SPAIN, China and, to a lesser extent, the United States, and the local economy were in focus this week. Each provided traders with an excuse to go either short or long, though often without consistent logic993 words
-
268 2012-09-29 14 Bloomberg Singapore RELIGARE Health Trust, backed by the assets of India’s secondbiggest hospital company Fortis Healthcare Ltd, is seeking to raise as much as $550 million in an initial public offering (IPO) in Singapore, two people with knowledge of the matterBloomberg - 268 words
-
Article407 2012-09-29 14 Jasmine Ng - By Jasmine Ng jasng@sph.com.sg Singapore IN a move to bring a different flavour to its palate, Cougar Logistics Corp laid its paw on a 20 per cent stake in property investment company Grace Shine for $24 million. Cougar said yesterday that it had entered407 words
-
Article, Illustration451 2012-09-29 15 Lee Meixian - 37.5 million-euro purchase is in line with the trust’s strategy to expand and invest in quality assets in key cities By Lee Meixian leemx@sph.com.sg Singapore CAPITALAND Ltd’s subsidiary, Ascott Reit, has sealed a sale-and-purchase agreement to buy its first property in Hamburg, Germany, for451 words
-
355 2012-09-29 15 Lynn Kan - By Lynn Kan lynnkan@sph.com.sg Singapore SKY One Holdings, a Hong Kong-based logistics provider, will be shifting gears into the mining business. Through a reverse takeover, Sky One will acquire the shares of coal miner Energy Prima for $400 million. At355 words
-
Business briefing
-
51 2012-09-29 15 SMRT Corp has fully placed out a $450 million notes offering, its largest, to institutional and sophisticated investors. The note issuance comprises a series of five-year $350 million 1.2 per cent notes and a series of 10-year $100 million 2.363 per cent51 words
-
57 2012-09-29 15 WATCHLISTED Grand Banks Yachts has secured shareholder approval for its recently issued 19.2 million placement shares. It said that it had complied with SGX Listing Rule 803 because there was no transfer of controlling interest to the Livingston family since Robert Livingston was57 words
-
35 2012-09-29 15 SEMBCORP Industries has raised its Vietnam Singapore Industrial Park stake to 92.9 per cent from 87.6 per cent by buying shares from a minority shareholder for $7.4 million.35 words
-
43 2012-09-29 15 BREADTALK Group has bought the rest of Star Food from partner Aspac F&B International for $200,000. Under their agreement, they have to offer to sell out to one another before selling to a third party.43 words
-
44 2012-09-29 15 CHINA Titanium is eyeing Hong Kong property firm Trechance Holdings in a reverse takeover deal. It has signed a non-binding deal with Talented Creation to acquire all of Trechance for “not less than $1 billion”.44 words
-
45 2012-09-29 15 SINWA executive chairman Sim Yong Teng has pleaded guilty to charges of insider trading as well as charges under the Companies Act. The company said that he was convicted yesterday and would be sentenced on Oct 12.45 words
-
-
-
Page 12 Advertisements
-
Advertisement343 2012-09-29 12 MATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF PACIFIC ADVANTAGE CAPITAL PTE LTD (Company Registration No: 2010-*****-R) (In Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 80 South Bridge Road 03-01, Singapore *****0343 words
-
-
FROM THE DESK OF
-
Article, Illustration987 2012-09-29 16 Tan Tian Chong - Early adopters stand to reap benefits both intangible and tangible, with ROI reflected in the reduced use of natural resources both during construction and the life-cycle of the building FROM THE DESK OF Tan Tian Chong Executive Director, Singapore Green Building Council (SGBC) THE987 words
-
-
SINGAPORE NEWS
-
Article, Illustration464 2012-09-29 17 Andrea Soh - It installs new machinery at its Jurong plant and upgrades it By Andrea Soh sandrea@sph.com.sg SWEDISH food packaging giant Tetra Pak has completed a $67 million investment in Singapore, which includes new plant machinery installation and upgrades, as well as a new lobby and464 words
-
367 2012-09-29 17 Lynn Kan - By Lynn Kan lynnkan@sph.com.sg THE government will spend $500 million from now until 2016 to ramp up the number of nursing homes, senior care centres and senior activity centres in Singapore to deal with the fast-growing elderly population. Many of these aged-care facilities will be located367 words
-
373 2012-09-29 17 Malminderjit Singh - By Malminderjit Singh msingh@sph.com.sg THE engineering community in Singapore unveiled several initiatives yesterday as the Institution of Engineers Singapore (IES) celebrated its 46th anniversary. Deputy Prime Minister Teo Chee Hean, the guest of honour, announced the launch of the IES Aerospace Engineering Chapter by373 words
-
Briefing
-
75 2012-09-29 17 THE Ministry of Manpower (MOM) and Singapore Tourism Board (STB) have launched the Job Flexibility for Productivity (JFP) initiative for the hospitality industry. Under this pilot programme, hotels and hostels licensed by the Hotel Licensing Board can offer their employees both local workers and75 words
-
76 2012-09-29 17 ELECTRICITY tariffs will fall by an average of 2.9 per cent from Oct 1 to Dec 31. This follows a 2.5 per cent drop in tariffs for the July-September quarter. The latest tariff reduction is due to lower power generation costs arising mainly76 words
-
50 2012-09-29 17 THE Career Women’s Group (CWG), an interest group under the Singapore Chinese Chamber of Commerce Industry (SCCCI), has initiated Project “SEED” with Singapore Corporation of Rehabilitative Enterprises (SCORE) to develop a pilot project to train and place female ex-offenders in jobs in the services sector.50 words
-
-
Article, Illustration510 2012-09-29 18 Mindy Tan - Detailed review of earlier rule changes should be done first, says Redas president By Mindy Tan tanmindy@sph.com.sg THE property sector does not need another round of cooling measures, at least not before a thorough review of the earlier measures put in place has been510 words
-
-
Page 17 Advertisements
-
Advertisement88 2012-09-29 17 NOTICES CAI HUNG HOLDINGS PTE LTD (In Members’ Voluntary Liquidation) Company Reg. No. (UEN) *****4457E NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap 50, that the Final Meeting of the abovenamed Company will be held at 41 Tampines Street 92, #03-00 ABR Building Singapore *****188 words
-
-
Page 18 Advertisements
-
WORLD
-
613 2012-09-29 19 Spain’s move to hike sales tax to plug budget gap drives prices up the most in 17 months WP London EURO-AREA inflation unexpectedly accelerated in September after the Spanish government increased sales tax to help plug its budget gap, driving prices up the most inWP - 613 words
-
392 2012-09-29 19 LATEST US DATA AP Washington AMERICANS boosted their spending in August even though their income barely grew. Much of the spending increase went to pay higher gas prices, which may have forced consumers to cut back elsewhere. The Commerce Department said yesterday that consumerAP - 392 words
-
Briefing
-
145 2012-09-29 19 Reuters Beijing China’s ruling Communist Party yesterday accused disgraced former senior politician Bo Xilai of abusing his power, taking huge bribes and other crimes, opening a new phase in a scandal of murder and cover-ups that has shaken a leadership succession due atReuters - 145 words
-
139 2012-09-29 19 Reuters Singapore Moody’s yesterday downgraded Vietnam to its lowest rating ever citing a weak banking sector likely in need of “extraordinary support”, dealing another blow to a country once tipped as South-east Asia’s next emerging market star even as many of its neighbours prosper. AnalystsReuters - 139 words
-
165 2012-09-29 19 AFP New York Apple yesterday apologised to customers for shortcomings in its glitch-ridden maps application launched in its new operating system used by the iPhone 5. “At Apple, we strive to make world-class products that deliver the best experience possible to our customers. WithAFP - 165 words
-
196 2012-09-29 19 Bloomberg Moscow Russia’s plans to open its domestic bond market to international investors for the first time will generate inflows of US$20 billion to US$30 billion by mid-2013, according to Goldman Sachs Group. “The growth of the OFZ market and its impact onBloomberg - 196 words
-
-
Article, Illustration850 2012-09-29 20 London interbank offered rate deeply entrenched in financial system, can’t be easily replaced, says Wheatley Reuters Bloomberg London BRITAIN’S top financial watchdog delivered a 10-point plan to fix Libor but stopped short of scrapping the benchmark interest rate in a much-awaited reform ofReuters; Bloomberg; AFP - 850 words
-
461 2012-09-29 20 Reuters Paris PRESIDENT Francois Hollande’s Socialist government unveiled sharp tax hikes on business and the rich yesterday in a 2013 Budget aimed at showing France has the fiscal rigour to remain at the core of the eurozone. The package will recoup 30 billionReuters - 461 words
-
Article, Illustration591 2012-09-29 22 Anthony Rowley - Drop of 1.3%, more than double estimates, sparks fears of economy sinking back into recession by year-end By Anthony Rowley btworld@sph.com.sg Tokyo JAPAN’S prospects for continuing economic recovery took a further knock yesterday when it was learnt that the nation’s industrial output fell toREUTERS - 591 words
-
316 2012-09-29 22 Reuters Jakarta INDONESIA’S Aceh province has revoked a controversial permit issued to a palm oil firm accused of breaching a ban on forest clearing, a spokesman said yesterday, in a rare climbdown following a legal challenge by environmental groups. President Susilo Bambang YudhoyonoReuters - 316 words
-
-
Page 21 Advertisements
-
Advertisement28 2012-09-29 21 Cto, ure. dbo oh (Nice one Bryan!) klSS92 All the great songs in one place KISS 92 MOBILE APR NOW AVAILABLE ON APPLE a ANDROID www.kiss92.sg Bwww.facebook.com/kiss92fm 0Kiss92fm28 words
-
-
Page 22 Advertisements
-
Advertisement19 2012-09-29 22 ALUO MMMq '0POQ mm%m mmm *«VYS 'WSIII!« zjqMOijs Aluo SM3N A LUO r r r r o sddeAui bS'AlUO'MMM19 words
-
-
Article8186 2012-09-29 23 Transaction date: Sep 28 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 15.5 11.4 8Telecom 13.3 13.1 14.5 66.8 0.4 3.2 63.7 6 3 A-Sonic 3.6 +0.3 40 3.6 3.6 3.3 3.9 3.6 25.88,186 words
-
Article1819 2012-09-29 26 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 20.5 12.1 t 800 Super 19 18.3 19.5 3.3 5.3 5.7 34 4 2.5 t AA Grp 3.1 3 3.9 3 105 20 t APStrategic1,819 words
-
Article186 2012-09-29 26 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 9 3 0 0 0 5 9 3 Manufacturing 49 46 53 9 7 9 58 53 62 Commerce 18 27 18 3 3 4 21 30 22 Tpt/Stor/Comms 18 11 11186 words
-
Article770 2012-09-29 26 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Sep 24 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Aussino Group 27-Sep-12 Anthony Lim *Sell ***** 0.14 *****5 49.98 *****5 39.29 Aussino Group 27-Sep-12 Samcorp Capital770 words
-
Article123 2012-09-29 26 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 20,181 20,181 89,868 89,868 Manufacturing 315,954 57,146 373,100 311,439 1,272 312,711 Commerce 105,075 9,878 114,953 100,450 525 100,975 Tpt/Stor/Comms 144,980 57,969 202,949 235,673 18,351 254,024 Finance 32,947 1,985 34,932 206,402 900 207,302 Construction 156,899 4,064123 words
-
Article80 2012-09-29 27 Sep 27 COCOA (£/tonne) Close Prev High/Low Dec 12 1601 1597 1605/1586 Mar 13 1595 1591 1598/1579 May 13 1602 1597 1605/1587 Jul 13 1608 1603 1611/1594 COFFEE(US$/tonne) Close Prev High/Low Sep 12 2188 2130 2184/2135 Nov 12 2188 2130 2189/2122 Jan 13 2201 2144 2201/2136 Mar 13 220180 words
-
Article68 2012-09-29 27 Sep 28 GOLD(US$/oz) Sep 27 Sep 28 Hong Kong 1764.00 1788.00 Hong Kong Sep 26Sep 27 London 1742.00 1766.28 1742.75 1767.29 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 42.70 42.05 Source: UOB PLATINUM/ Lon (US$/oz) Sep 27 Close Previous PM Fix 1652.00 1621.00 AM Fix 1635.00 1627.0068 words
-
Article60 2012-09-29 27 Sep 28 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 12 2480.0 2480.0 2480.0 2390.0 512 3333 Nov 12 2560.0 2545.0 2564.0 2461.0 2158 ***** Dec 12 2632.0 2607.0 2634.0 2534.0 ***** ***** Jan 13 2702.0 2682.060 words
-
Article88 2012-09-29 27 Sep 28 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-14 102.11 5-Year N*****0Z 2.375 01-Apr-17 108.7388 words
-
Article154 2012-09-29 27 Sep 28 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2794 1.2811 1.0450 1.0455 Canadian dollar 1.2503 1.2516 1.0215 1.0212 Euro 1.5835 1.5849 1.2934 1.2935 NZ dollar 1.0208 1.0220 0.8338 0.8341 Sterling pound 1.9878 1.9899 1.6236 1.6240154 words
-
Article, Illustration119 2012-09-29 27 As on 27 September 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT DEC2012 1768.60 1757.10 1780.60 35 INDIA GOLD (E-GOLD) FUT DEC2012 594.80 586.80 594.05 1796 CURRENCY EUR-USD FUT DEC2012 1.2936 1.2840 1.2934 2274 BASE METAL COPPER FUT DEC2012 8256 8176119 words
-
Article103 2012-09-29 27 Sep 27 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Nov 12 1570.75 1573.00 1584.00 1557.50 Jan 13 1571.25 1574.25 1585.00 1558.75 Mar 13 1524.00 1531.75 1542.00 1519.25 May 13 1479 1488.25 1496.5 1476 SOYBEAN/OIL(60,000 lbs; USc/lb) Close Previous High/Low Oct 12 52.11 51.65 52.37 51.59103 words
-
Article68 2012-09-29 27 Sep 27 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 111.74 2.53 WTI (Near Mth) 92.13 2.11 Dubai (1-Mth F) 107.27 0.42 Tapis blend 114.17 0.6 Minas 109.32 0.6 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.11 0.83 Jet Kerosene 129.05 0.29 US$/barrel OpecOil Basket Price 108.2168 words
-
Article118 2012-09-29 27 Sep 28 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.31 1.248 Can dollar 1.278 1.218 Euro 1.62 1.543 Sterling pound 2.028 1.95 NZ dollar 1.047 0.998 US dollar 1.243 1.196 Local dollars to 100 units of foreign currency: Currencies Sell118 words
-
Article69 2012-09-29 27 Sep 27 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2079.50 2042.75 3 months 2108.00 2072.00 Copper, Grade A (US$/tonne) Cash 8180.00 8122.00 3 months 8175.00 8120.00 Lead (US$/tonne) Cash 2261.00 2257.25 3 months 2270.00 2264.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
-
373 2012-09-29 27 In local curr In S$ In US$ dy yr dy yr dy yr Sep 27 Index Change Change Change Change Change Change World Preliminary 917.9 0.4 10.6 0.1 5.4 0.5 11.3 EAFE Preliminary 729.7 0.3 7.0 0.2 2.3 0.6 8.0 Europe Preliminary 1107.2 0.2 7.9373 words
-
Article, Illustration105 2012-09-29 27 Straits Times Index YTD change:+15.64% 52-week high: 3,088.45 on Aug 14,2012 52-week low: 2,521.95 on Oct 5,2011 Source: Bloomberg Hang Seng Index YTD change: +13.05% 52-week high: 21,760.34 on Feb 20,2012 52-week low: 16,170.35 on Oct 4,2011 Source: Bloomberg Nikkei 225 YTD change:+4.91% 52-week high: 10,255.15 on MarSource: Bloomberg - 105 words
-
PERSPECTIVE
-
Article, Illustration1471 2012-09-29 28 / 29 Pradumna B Rana - A number of bold actions are being taken for the sustainability of the monetary union in Europe. How effective are these likely to be? By Pradumna B Rana By Pradumna B Rana ~The author is associate professor at the S Rajaratnam School of InternationalAFP - 1,471 words
-
Article, Illustration668 2012-09-29 28 / 29 Edward Hadas - REUTERS BREAKINGVIEWS By Edward Hadas THE industrial economy was developed in the West, but it is increasingly global. The same can be said of management studies. Starting with the “scientific management” of Frederick aylor in the 1880s, the field has been dominated by writers trained668 words
-
-
WEALTH INVESTING
-
Article, Illustration1748 2012-09-29 30 / 31 Shane Oliver - The US is a bit like a patient in a coma, with the Fed acting as the drip keeping the economy alive until it exits the coma WEALTH INSIGHTS Shane Oliver AMP Capital Investors ~The writer is head of investment strategy and chief economist atSTOCK.XCHNG; Source: Bloomberg, AMP Capital - 1,748 words
-
BROKERS' TAKE
-
Article172 2012-09-29 30 / 31 Buy OCBC Investment Research Sept 28 Close: $3.54 ST Engineering: Defensive play with room to climb. A safe haven in turbulent times, ST Engineering has outperformed the Straits Times Index significantly since the beginning of the year, rising 29 per cent versus the 15.6 per cent increase by172 words
-
Article207 2012-09-29 30 / 31 Neutral CIMB Research Sept 27 ARMED with its deep pockets, SingTel is looking to retain its rights to the Barclays Premier League (BPL) to complete its line-up of football offerings but on a non-exclusive basis, which will force viewers to sign up instead of subscribing via cross-carriage. The207 words
-
Article319 2012-09-29 30 / 31 Cai Haoxiang - Compiled by Cai Haoxiang Buy Maybank Kim Eng Research Sept 28 UK marketing: We heard from a total of 14 UK-based fund houses spanning three days. Positive response on S-Reits: Most UK clients view S-Reits positively as it has one of the highest yield spreads among its peers,319 words
-
-
Article, Illustration753 2012-09-29 32 Investors advised to diversify by boosting alternative investments to counter declines in stocks, bonds Bloomberg Singapore PROPERTIESinSouth-east Asian cities including Bangkok, Jakarta and K ua l a L u m p u r a r e attractive for investors seeking to boost returns byBloomberg; PHOTOS: REUTERS, BLOOMBERG, AFP - 753 words
-
Article, Illustration1334 2012-09-29 33 Teh Hooi Ling - SHOW ME THE MONEY Teh Hooi Ling hooiling@sph.com.sg Senior Correspondent ~The writer is a CFA charterholder I SPOKE to CapitaLand recently and asked its chief financial officer Arthur Lang about some of the group’s financial ratios. Why, for example, was CapitaLand’s return onCompiled by BT with data from Bloomberg - 1,334 words
-
-
WEALTH REAL ESTATE
-
Article1014 2012-09-29 34 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN AUG 29 AND SEPT 4, 2012 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED The Sail Marina Bay Apt 30/08/2012 99 883 1722 1950 V On Shenton Apt 30/08/20121,014 words
-
Article, Illustration1078 2012-09-29 35 Kalpana Rashiwala - But picture starts to dim for big apartments in D 9,10 11 with more project completions and slowing expat influx By Kalpana Rashiwala kalpana@sph.com.sg Singapore PRIVATE housing rentals in per square foot (psf) terms as well as the volume of leasing transactions hitSource: URA, Savills Research & Consultancy - 1,078 words
-
380 2012-09-29 35 Bloomberg Beijing FINANCIAL Street Holdings Co spent 6.37 billion yuan (S$1.24 billion) on two parcels of commercial land this week, equivalent to more than two-thirds of the company’s purchases in 2011. The biggest developer on Beijing’s downtown Finance Street, home to marketBloomberg - 380 words
-
-
Page 36 Advertisements
-
Advertisement107 2012-09-29 36 Royal Ghk EXIIBITION FROM AVANT-GARDE TO ICON A JOURNEY THROUGH THE ORIGINS OF AN ICONIC TIMEPIECE NEW YORK MILAN PARIS GENEVA BEIJING SINGAPORE OCTOBER 10-14/2012 SINGAPORE TANJONG PAGAR RAILWAY STATION (FORMER) 30 KEPPEL ROAD For guided tour registration, visit audemarspiguet.com AUDEMARS PIQUET PROUDLY PRESENTS AN EXHIBITION CELEBRATING THE 40™ ANNIVERSARY107 words
-
-
Page 1 Advertisements
-
Advertisement61 2012-09-29 1 LivingBTTHE BUSINESS TIMES WEEKEND SEPTEMBER 29-30 2012 CEOS' HAWKER CHOICES 2012 Big on beef noodles L6-8 SALMON FISHING IN THE LOVUND A Norwegian approach to responsible farming L2-5 PERSONAL SPACE Instant affinity L10-11 PHOTO BY JOHAN WILDHAGEN DESIGN Cooking in style L12-13 STYLE In pole position at ck Calvin Klein61 words
-
-
LIVING
-
Article, Illustration1751 2012-09-29 2 / 3 Jaime Ee - For all the criticisms levelled against salmon farming, this tiny island off Norway’s northern coast is a living example of how it can be done responsibly and in the most ecologically sustainable way possible. By Jaime Ee By Jaime Ee jaime@sph.com.sg ~The writer’s trip wasPHOTOS OF JUMPING SALMON BY GURO STORSKJAER; PHOTO OF AINO OLAISEN BY JOHAN WILDHAGEN; OTHER PHOTOS BY JAIME EE - 1,751 words
-
Article, Illustration1013 2012-09-29 4 / 5 Jaime Ee - By By Jaime Ee jaime@sph.com.sg THE lumpfish a small, bulbous creature with a built-in suction on its belly is a farmed salmon’s best friend. It, and the wrasse, are carefully reared in a cleaner fish facility in Lovund island in Norway so named not becausePHOTO OF LUMPFISH BY JAIME EE; ALL OTHER PHOTOS COURTESY OF NORWEGIAN SEAFOOD EXPORT COUNCIL - 1,013 words
-
-
Page 4 / 5 Advertisements
-
Advertisement977 2012-09-29 4 / 5 wine&dine with BTWeekend Peach Blossoms Level 5, Marina Mandarin Singapore 6 Raffles BoulevardZ 6845 1118 Crustacean Season Oct 1-31 Crab lovers are in for a treat with over 20 different crab delights at Peach Blossoms this October. Savour the fresh and juicy crustaceans prepared by our Hong Kong Chinese Executive977 words
-
-
CEOS' HAWKER CHOICES 2012
-
Article, Illustration2649 2012-09-29 6 / 7 Dylan Tan; Tan Teck Heng; Tay Suan Chiang - When it comes to beef noodles, cooking styles differ according to dialect groups: the Teochew version is favoured for its tasty broth; the Hainanese serve theirs in thick, dark gravy, while the Cantonese opt to stir-fry theirs and serve it hor fun style. Regardless, they are allPHOTOS OF GEYLANG FAMOUS BEEF KWAY TEOW AND HOCK LAM BEEF BY YEN MENG JIIN; PHOTOS BY YEN MENG JIIN - 2,649 words
-
Article, Illustration489 2012-09-29 8 Geoffrey Eu - By Geoffrey Eu HUTCABB Consulting’s Oliver Tian has been a regular patron of the Geylang Lorong 9 beef kway teow for only a couple of years, but his rapport with the owners is strong enough for him to know who is cooking at any specificJOHN HENG - 489 words
-
-
Page 6 / 7 Advertisements
-
Advertisement79 2012-09-29 6 / 7 WE UNDERSTAND THE VALUE OF GREAT PARTNERSHIP Knight Frank We are passionate about property and deliver only the highest standards of quality and integrity. We work continuously to meet our clients’ real estate needs, which is why we are the largest privately owned global real estate agency. Call us today79 words
-
-
STYLE
-
Article, Illustration877 2012-09-29 9 May Yip - The creative head of ck Calvin Klein reveals what it takes to secure pole position in the arena of men’s fashion. By May Yip By May Yip btnews@sph.com.sg FAST cars, sharp suits and an inordinate amount of champagne now if that isn’t a sexy enough combination to877 words
-
-
HOME & GARDEN
-
Article, Illustration1247 2012-09-29 10 / 11 Tay Suan Chiang - personal space By By Tay Suan Chiang taysc@sph.com.sg WHEN French expatriate couple Herve and Laetitia Barthe stepped into this terrace house at Serangoon Gardens, they knew instantly that it would be their home in Singapore for the next two years. “This is the only house that had soul.PHOTOS BY YEN MENG JIIN - 1,247 words
-
-
DESIGN
-
Article, Illustration1215 2012-09-29 12 / 13 Tay Suan Chiang - With dinner parties on the rise, homeowners are spending more time sprucing up their kitchens. By Tay Suan Chiang By Tay Suan Chiang taysc@sph.com.sg A PRIME location and a 360-degree view of the surroundings are two desirable factors to have in a home. Now add a quality1,215 words
-
-
GADGETS
-
Article, Illustration711 2012-09-29 14 Christopher Lim - Brands are turning to the ubiquitous phone in your pocket to find ways to make these gadgets more useful and fun, writes Christopher Lim Christopher Lim limchris@sph.com.sg Furby $119.90 TAMAGOTCHI started the whole virtual pet craze in 1996 but two years later, a whole new creature was born711 words
-
-
Page 14 Advertisements
-
Advertisement36 2012-09-29 14 HOME Ni E S Moving? Let the experts sort it out for you. To find out more, turn to CLASS 115 a 239 in CATS Classified in The Straits Times now. ESAT3 BUY IT-SELL IT-FIND IT36 words
-
-
HEALTH
-
Article, Illustration1142 2012-09-29 15 Michael Lim - The next major revolution in the management of blocked heart arteries, they do not contain metal and do not remain indefinitely in the body. By Michael Lim By Michael Lim ~Dr Lim is medical director at the Singapore Heart, Stroke Cancer Centre. He is also editor-in-chief, HeartBLOOMBERG - 1,142 words
-
-
SPORTS
-
Article, Illustration719 2012-09-29 16 Malminderjit Singh - Former Liverpool stalwart attributes much of the team’s current fortunes to bad managerial choices. Reports by Malminderjit Singh Reports by Malminderjit Singh msingh@sph.com.sg CALL him a romantic or nostalgic but ex-Liv-erpool stalwart Stephane Henchoz says that if he had his way at Anfield,BENJAMIN SEETOR/THE NEW PAPER - 719 words
-
391 2012-09-29 16 msingh@sph.com.sg FOOTBALL administration in England is ridden with politics and as long as that remains, the country does not stand a chance of doing well at the World Cup, says a former professional footballer who was once the most expensive British player.391 words
-
-
Page 16 Advertisements
-
Advertisement71 2012-09-29 16 r~> r~> < rJ X A n f a C n nJ A "7 I I v y v y L r~> <r n o A A FIND THE ONES THAT FIT! Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruit@sph.com.sg to advertise. I U71 words
-
-
BT CORPORATE GOLF LEAGUE 2012
-
Article324 2012-09-29 17 Justine Moss - The fifth round at the Raffles Country Club saw no hole-in-one winners, but many participants walked away with prizes from generous sponsors. By Justine Moss By Justine Moss THERE were perfect weather and golf course conditions in last Thursday’s fifth round of the Business Times Corporate324 words
-
Article, Illustration623 2012-09-29 17 btnews@sph.com.sg This year sees Team UBS making its first appearance in the Business Times Corporate Golf League. “We thought it would provide a great opportunity to network among other corporate executives in an informal setting,” explains Carlo Grigioni, vice-chairman, UBS Wealth Management. He continues: “It was623 words
-
-
Page 17 Advertisements
-
Advertisement27 2012-09-29 17 MAIN SPONSOR CO-ORGANISED BY HOLE-IN-ONE SPONSORS FINAL ROUND DINNER SPONSOR SPONSORS MEDIA PARTNER PARTNERS NETWORKING NIGHT PARTNER DATE VENUE Oct 18 Singapore Island Country Club, New Course27 words
-
-
MOTORING
-
Article, Illustration686 2012-09-29 18 Samuel Ee - The Audi A6 Hybrid is capable of fuel-efficient performance. By Samuel Ee samuelee@sph.com. sg WITH its sleek lines and pleasing proportions, the Audi A6 is clearly one of the most attractive sedans on the market. Now it can boast another achievement one of the most fuel efficient. Audi686 words
-
Article, Illustration663 2012-09-29 19 Samuel Ee - They may be small but they steal the limelight at the Paris Motor Show. By Samuel Ee By Samuel Ee samuelee@sph.com.sg SMALL and stylish hatchbacks stood out at the 2012 Paris Motor Show. The biennial show in the French capital was, of course, the home turf of itsPHOTOS: AFP, AP, BLOOMBERG - 663 words
-
Article, Illustration593 2012-09-29 20 Samuel Ee - The Mazda8 has enough space for 7+1 passengers. By Samuel Ee samuelee@sph.com.sg AS one of the few mid-sized Japanese MPV models on the market, the Mazda8 multi-purpose vehicle stands out for its ability to carry eight passengers. Or to be exact, 7+1. The Mazda8 was first593 words
-