The Business Times, 14 December 2012

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Microfilm: NL32338
Total Pages: 39
1 40 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Friday, December 14, 2012
    25 words
  • Article, Illustration
    Lock icon In march towards bank union, ECB is watchdog
    677 1  -  It will supervise eurozone banks, can close unsafe ones By NEIL BEHRMANN in London EUROPEAN Union (EU) finance ministers paved the way for a banking union by agreeing that the European Central Bank (ECB) should become the eurozone’s banking supervisor. The deal
    PHOTO: AFP  -  677 words
  • Article
    Lock icon Industrialists groan as rents grow heavier
    845 1  -  Rising rental costs are now forcing some outfits to re-examine their options By ONG CHOR HAO [SINGAPORE] The hefty wage bill is now unavoidable. And the surging industrial property market has made it a perfect storm of high operational costs for industrialists here, market
    845 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,156.55 (+14.98) GST INDEX FUTURES 3,151.00 (+15.00) GSIMSCI 357.78 (+0.85) GSIMSCI FUTURES 357.80 (+0.80) us$ s$ US$ (S$ per US$) 1.221 (US$/S$ per 1.613 1.970 EURO (US$/S$/€) 1.308 1.597 Foreign currency per US$ S$ YEN 83.50 68.40 RM 3.051 2.499 HK$ 7.750 6.348 BAHT 30.63 25.09 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Thursday Change KL COMP 1,652.75 +3.00 NIKKEI 225 9,742.73 +161.27 HANG SENG 22,445.58 -57.77 SET INDEX 1,353.81 -0.76 JAKARTA COMP 4,320.19 -17.34 MANILA COMP 5,787.95 -31.84 SEOUL COMP 2,002.77 +27.33 SHENZHEN B 624.67 -2.82 MUMBAI IND 19,229.26 -126.00 11am EST Change DOW 13,234.19 -11.26 NASDAQ 3,018.09 +4.28
      48 words
    • Article
      Lock icon PRIME RATES
      17 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14,555 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
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  • TOP STORIES
    • Article, Illustration
      Lock icon Asia Square clinches year’s biggest CBD office lease
      726 2  -  Germany’s Allianz to lease about 90,000 sq ft, and possibly more space By KALPANA RASHIWALA [SINGAPORE] In the biggest CBD office leasing deal so far this year, German financial services provider Allianz Group is leasing around 90,000 square feet at Asia Square
      726 words
    • Article
      Lock icon Johor land getting pricier on growing demand
      525 2  -  By PAULINE NG in Kuala Lumpur LAND values in Johor have crept up in the last few years as a result of the growing demand for industrial land and buildings although at a pace slower than that in the Klang Valley and in
      525 words
    • Article
      Lock icon Weak bond sale highlights Spain’s funding problems
      416 2 Reuters [LONDON] Spanish bond yields rose after a debt sale fell short of market expectations yesterday, underscoring the challenges the country will face raising funds in 2013. Madrid sold a modest two billion euros (S$3.2 billion) of three and five-year paper and a
      Reuters  -  416 words
    • Article
      Lock icon Benefiting by better use of industrial space
      672 2  -  Shorter leases help to ease pressure on costs for firms too By ONG CHOR HAO [SINGAPORE] How does one combat rising industrial property prices? Various options have been tossed on the table. Companies, for example, could make better use of their land space.
      672 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      487 2 Industrialists groan as rents grow heavier THE hefty wage bill is now unavoidable. And the surging industrial property market has made it a perfect storm of high operational costs for industrialists here, market watchers say. Prices for industrial property have risen 27 per cent in the first nine
      487 words
    • Article
      Lock icon Fed tags rates to jobs recovery
      621 4 NYT [WASHINGTON] The Federal Reserve said on Wednesday that it plans to hold short-term interest rates near zero as long as the unemployment rate remains above 6.5 per cent, reinforcing its commitment to improve labour market conditions. The Fed also said it would continue
      NYT  -  621 words
    • Article, Illustration
      Lock icon Strong Q2-3 boost for airlines’ profit forecast
      824 4  -  Earnings for 2013 are likely to be even higher, according to Iata predictions By VEN SREENIVASAN [SINGAPORE] Global airlines are expected to turn in a cumulative profit of US$6.7 billion (S$8.2 billion), up from the US$4.1 billion forecast in October, thanks to strong
      PHOTO: AFP  -  824 words
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      25 2 ~7 FIND THE ONES THAT FIT! Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruit@sph.com.sg to advertise. J U L
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      134 3 BV LGA R I .•v \vi r- r'3Err'. "TtBir ,'V j m fS. j .-> \r s 'V, Mi /-f H. in > m mp s fsal M >■■■i :>r m :^6 v .V I ■•.-•;■-v •a r/ V V. m r LG B V A R r® v» I
      134 words
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      92 4 i J -.3 RETAIL SPACE TO FIT ANY BUSINESS SIZE. Whether you are setting up shop in town or in the heartlands, heritage districts or lifestyle zones, we have the perfect retail space for your business. Size up your options at stproperty.sg for the right fit. A product of SPH,
      92 words
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      105 5 MESURE ET DEMESURE* I 1 v iwt. Wa A X FARM GIAN I FLEl RIER 60 /I .40 20. K c > \r s' V> I V V. .V V m a» -r ?w Dv n /''I LJivyii •x V v. v v. V V J KALPAGRAPHE Rose gold Automatic
      105 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Stake is up as Wheelock buys SC Global shares
      376 6 WHEELOCK Properties (Singapore) has upped the ante in Simon Cheong’s bid to take SC Global Developments private. It announced yesterday that it had acquired 1.066 million SC Global shares from the open market at about $1.81 per share, one cent higher
      376 words
    • Article
      Lock icon SGX treading cautiously over biological assets
      460 6  -  HK has banned reliance on biological asset valuation for listing By ANDREA SOH EVEN as concerns about accounting standards for biological assets are raised in the wake of the Olam-Mud-dy Waters saga, the Singapore Exchange (SGX) plans to be cautious in its response. Whether
      460 words
    • Article
      Lock icon Biological assets not an exact science
      915 6  -  HOCK LOCK SIEW By ANDREA SOH THE mudslinging may have stopped for now, and the debate has since moved on to Olam International’s rights issue. But the impact of Muddy Waters' criticism of Olam continues to ripple beyond the firm itself with implications for
      915 words
    • Article
      Lock icon Petra’s divestment move prompts ‘buy’ calls
      567 11  -  Shares in the firm which is selling its cocoa ingredients division for US$950m rise 26.5% over past two days By NISHA RAMCHANDANI ANALYSTS responded positively to news that Petra Foods is divesting its cocoa ingredients business to focus on growing its branded consumer division,
      567 words
    • Article, Illustration
      Lock icon LifeBrandz trims first-quarter loss to $521,000
      265 11  -  By TEO SI JIA LIFEBRANDZ has narrowed its net loss to $521,000 for the first quarter ended Oct 31, 2012, from a net loss of $937,000 a year ago. The owner of Zirca was able to trim its losses largely due to lower expenses
      FILE PHOTO  -  265 words
    • Article
      Lock icon Freight Links Express Q2 net profit slips 6.3% to $7.3m
      316 11  -  By ONG CHOR HAO NET profit at logistics service provider Freight Links Express slipped 6.3 per cent to $7.3 million for the second quarter ended Oct 31 due mainly to foreign exchange losses and income tax provisions. For the corresponding
      316 words
    • Article, Illustration
      Lock icon Analysts touting upside surprise to global growth
      861 12  -  Scenario means money moving from pricey bonds to cheap equities By CAI HAOXIANG As investors continue to pile into emerging market bonds, some fund managers are questioning the wisdom of seeking safety in fixed income. Various reports on the investment outlook for 2013
      PHOTO: AP  -  861 words
    • Article
      Lock icon China Merchants acquires Jiurui Expressway
      384 12  -  By LEE MEIXIAN MAINBOARD-LISTED China Merchants Holdings (Pacific) Ltd (CMHP) yesterday announced its acquisition of Jiurui Expressway in China’s Jiangxi province for a maximum purchase price of 925 million yuan (S$179.5 million). The toll-road operator has signed a conditional agreement to buy all the shares
      384 words
    • COMPANY BRIEFS
      • Article
        Lock icon No changes to STI component stocks in latest review
        76 12 THERE will be no changes to component stocks in the Straits Times Index (STI) following the latest review, said Singapore Press Holdings, Singapore Exchange and FTSE Group in a joint announcement. For the FTSE ST Small Cap Index, three new listings
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      • Article
        Lock icon Inaccurate declaration my error: ex-Healthway director
        134 12 AN investigation by Singapore Exchange (SGX) has found that a July 14, 2009, announcement by Healthway Medical Corporation on the appointment of an independent director, Lu Jiade, was inaccurate. “The announcement failed to disclose disciplinary proceedings and actions against Dr Lu while he was
        134 words
      • Article
        Lock icon Heineken’s APB offer of $53 a share ‘fair and reasonable’
        99 12 UBS, the independent financial adviser for Asia Pacific Breweries (APB), has found that a $53 per share privatisation offer by Heineken International is “fair and reasonable”, according to a circular despatched by APB, the brewer of Tiger beer. APB’s independent
        99 words
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      Lock icon Page 6 Advertisements Column 1
      532 6 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com,sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 LAVENDAR INVESTMENTS PTE. LTD. (REGISTRATION No.: *****2563C) (INCORPORATED IN SINGAPORE) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 60B Orchard Road, #06-18 The Atrium@ Orchard, Singapore *****1
      532 words
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      383 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 CAVANAGH INVESTMENTS PTE. LTD. (REGISTRATION No.: *****2798H) (INCORPORATED IN SINGAPORE) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 60B Orchard Road, #06-18 The Atrium@ Orchard, Singapore *****1 on the 13 DEC 2012 the Resolutions set
      383 words
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      551 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AEGEAN INVESTMENTS PTE. LTD. (REGISTRATION No.: *****2562R) (INCORPORATED IN SINGAPORE) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 60B Orchard Road, #06-18 The Atrium@ Orchard, Singapore *****1 on the 13 DEC 2012 the Resolutions set
      551 words
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      186 6 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTERS OF (1) ASIAVALE PTE LTD Reg. No. *****3536R (2) SWISSVALE PTE LTD Reg. No. *****8029D (3) TAMPINES VALE PTE LTD Reg. No. *****8549Z (All In Members’ Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that
      186 words
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      18 6 The Finder Singapore The Essential Expat Magazine FREE DOWNLOAD Available On The App Store DECEMBER ISSUE OUT NOW!
      18 words
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      28 words
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      38 7 A revolution in progress has launched. Enter Audi’s new home of cutting-edge innovations. Turn the page to discover more. Actual specifications may vary from model shown. Options and features are model dependent and available at the purchaser’s option.
      38 words
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      167 8 / 9 Progress has given birth to a new icon. The new Audi Centre Singapore. Powered by progress. As a capital for progress, Singapore has always aimed to be at the forefront of innovation. Here at Audi, we share the same sentiment. Which is why the new Audi Centre Singapore is designed
      167 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI rises for seventh straight day
      579 10  -  Its new year-high of 3,156.55, a gain of 14.98, was fuelled largely by a push on the Jardine stable STOCKS R SIVANITHY Senior Correspondent DESPITE a weak day for Hong Kong and a soft opening for Europe, the Straits Times Index (STI) managed a
      Source: Bloomberg  -  579 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 3 5 0 0 0 8 3 5 Manufacturing 71 39 48 10 5 7 81 44 55 Commerce 21 29 18 2 3 3 23 32 21 Tpt/Stor/Comms 13 11 14
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 48,472 48,472 65,148 65,148 Manufacturing 428,180 141,783 569,963 165,756 2,135 167,891 Commerce 547,699 102,874 650,573 165,759 5,026 170,785 Tpt/Stor/Comms 105,545 14,288 119,833 167,109 4,473 171,582 Finance 16,590 1,709 18,299 106,126 699 106,825 Construction 49,074 138,158
      123 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 10 Stock name Close Change CapMallsAsia 2.000 +0.035 CapitaLand 3.720 -0.030 CapitaMall 2.090 +0.010 CityDev 12.480 +0.140 ComfortDelGro 1.755 +0.020 DBS Grp 14.890 +0.010 F&N 9.520 GLP 2.710 +0.020 Genting SP 1.345 +0.040 Golden Agri 0.655 -0.005 HK Land 6.900 +0.040 IHH Healthcare 1.315 +0.005 JMH 62.000
      113 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      72 10 Dec 13 VALUE CLOSE BT OB/OS 382.00 -68.00 BT CADI -*****.00 +72.00 BT 10-day MA -*****.00 +38.00 FTSE ST Mid Cap 760.95 +1.68 FTSE ST Small Cap 504.38 +1.46 FTSE ST All Share 770.75 +3.26 FTSE ST China Top 207.40 +0.89 FTSE ST China 231.21 +0.61 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      58 10 VOLUME Digiland 315,203,000 YHM 135,475,000 WE Hldgs 88,480,000 MDR 79,153,000 CarrierNet 73,883,000 Golden Agri 60,932,000 GSH Corp 58,222,000 ChinaTaisan 56,547,000 Genting SP 54,828,000 Noble Grp 53,333,000 VALUE($) Genting SP 73,087,985 SingTel 67,924,750 Noble Grp 60,310,373 DBS Grp 45,970,020 Keppel Corp 43,221,980 Olam 39,658,605 Golden Agri 39,528,085 CapitaLand
      58 words
    • Article
      Lock icon BROKERS’ TAKE
      908 10  -  Compiled by CAI HAOXIANG Petra Foods Dec 13 close: S$3.48 DBS GROUP RESEARCH, Dec 13 WE are positive on Petra’s proposed disposal of its Cocoa Ingredients (CI) business to Barry Callebaut for US$950 million (cash/debt-free basis). In our view, this looks attractive, implying 22.5 times/23.5 times P/Ebitda on
      908 words
    • Article, Illustration
      Lock icon Dollar recovers after Fed programme; euro slips
      550 10 CURRENCIES Reuters [LONDON] The dollar rose yesterday as investors looked past a fresh Federal Reserve stimulus programme, which was in line with expectations, and drove some to book profits on short dollar positions. The dollar extended gains against the yen, and was seen
      Reuters; PHOTO: AFP  -  550 words
    • Article
      Lock icon RISES
      111 10 BY CENTS CLOSE UP DBXT MSKorea 10US$ 6115 317.4 4.4 JMH 6200 164.8 2.2 JSH 3660 120.9 2.8 Lyxor AsiaRE 10US$ 1040 79.4 6.7 DBXT MSINDO 10us$ 1525 36.6 2.0 STXPO 100 445 27.0 6.5 CIMBAsean40 100US$ 1095 22.0 1.7 DBS Bk 4.7% NCPS 100 ***** 20.0 0.2 DBXT
      111 words
    • Article
      Lock icon FALLS
      120 10 BY CENTS CLOSE DOWN Hyflux 6% CPS 10 ***** -280.0 -2.5 GLD 10US$ ***** -202.7 -1.0 DBXT AUD Bonds 5AU$ ***** -139.2 -0.6 Great Eastern 1543 -20.0 -1.3 CMProp 1860 -14.2 -4.6 DBXT CSI300 10US$ 735 -11.0 -1.2 Star Hub 385 -8.0 -2.0 Khong Guan 186 -5.0 -2.6 OUE
      120 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 10 DAILY
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      118 11 ip its m n wm Natural gas. Energy for the world. Economic growth for Asia, Energy demand in Asia is expected to be almost 50 percent higher in the year 2040 than it was in 2010. Natural gas will play an increasingly important role in meeting this growing demand, while
      118 words
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      778 12 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AGILE STRATEGIES PTE. LTD. (In Members’ Voluntary Liquidation) Company Reg. No. *****8705M NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 (the “Act”) that the
      778 words
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      458 12 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF LLC INVEST PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****3797M) NOTICE OF MEMBERS’ VOLUNTARY LIQUIDATION Notice is hereby given that the following resolutions were unanimously resolved at the Extraordinary General Meeting of Members of the
      458 words
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      412 12 IN THE MATTER OF COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FJG INTERNATIONAL PTE. LTD. REG. NO. *****3267M (IN MEMBERS’ VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company held on 7 December 2012, the following Resolutions were passed: It
      412 words
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      476 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF REPE SINGAPORE PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****2361K) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of REPE Singapore Pte. Ltd. duly convened and held on the 10th day of December 2012,
      476 words
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      242 12 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MARINE SUBSEA WORKER SINGAPORE PTE. LTD. Company Reg. No.: *****1279Z (In Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the member of MARINE SUBSEA WORKER SINGAPORE PTE. LTD., deemed convened and held at 1 Kaki
      242 words
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      663 12 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF TAISUN SHENGLI ELECTRICAL MOTOR PTE LTD (Co. Reg. No.: *****3430G) (Incorporated in Singapore) (In Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the Members of TAISUN SHENGLI ELECTRICAL MOTOR PTE LTD convened and held at
      663 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Tuck Yew: Fare hikes aimed at boosting service
      627 13  -  They will also keep public transport operations commercially viable By SAMUEL EE THE purpose of public transport fare increases is not to boost the short-term profits of the operators or improve the salaries of bus drivers but to improve service to commuters
      FILE PHOTO  -  627 words
    • Article
      Lock icon Cloudy economic outlook translates to more demand for outplacement services
      730 13  -  Agencies see trend continuing into 2013 with more job cuts Reports by CHNG SZE NING DEMAND for outplacement services, sometimes seen as a gauge of retrenchment activity, has risen in Singapore this year as a result of the slowing global
      730 words
    • Article, Illustration
      Lock icon Bringing cheer to patients at homes
      178 13 SOME 170 volunteers visited 140 patients at their homes last weekend as part of Project Home Cheer organised by HCA Hospice Care. Agricultural commodities trading firm Bunge Agribusiness Singapore Pte Ltd sent 48 volunteers to bring cheer to 100 patients. Said Frans Mol, Bunge’s
      178 words
    • Article
      Lock icon Sembawang EC site draws top bid of $211.9m
      509 13  -  JBE Holdings beats 7 rivals with offer of $323.76 psf ppr By MINDY TAN A 99-YEAR leasehold executive condominium (EC) site at the junction of Sembawang Crescent and Sembawang Drive has received a top bid of $211.9 million, or $323.76 per square
      509 words
    • Article
      Lock icon Helping to make a career transition a smoother process
      339 13 OUTPLACEMENT is typically used by companies when they downsize their workforce. The agencies offer a range of services to help employees made redundant to transit to a new career. Because of this, it is sometimes referred to as career transition. Being
      339 words
  • Page 13 Advertisements
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      20 13 CHARTING DIRECTIONS Place your AGM and EGM notices in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATH NOTICES
      20 words
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      93 13 MONTIGO RESORTS ,-v x- HP > -atParadise is closer than you think. A multi-award winning resort, a luxurious holiday home. Just 30 minutes away from Singapore by private yacht charter, Aqua Voyage. For exclusive ownership, call us at (65) 8383 4808 montigosales@kopgroup.com montigoresortsnongsa.com Montigo Resorts, Nongsa welcomes guests for resort
      93 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Bumi taking Bakries’ side in tussle with Rothschild
      795 14 Rothschild plans ouster of Bumi board, claims it has failed shareholders Bloomberg [JAKARTA] Coal miner Bumi plc said yesterday it is likely to side with Indonesia’s powerful Bakrie family in a tussle with British tycoon Nathaniel Rothschild for control of the country’s
      Bloomberg; PHOTO: AFP  -  795 words
    • Article
      Lock icon CIMB banks on RBS deal to regain top sukuk spot
      650 14 Bloomberg [KUALA LUMPUR] CIMB Group Holdings Bhd plans to take advantage of its purchase of Royal Bank of Scotland Group plc’s Asian operations to regain its position as the world’s top sukuk arranger after slipping to second place in 2012.
      Bloomberg  -  650 words
    • Article, Illustration
      Lock icon AirAsia set to unveil order for 100 Airbuses
      353 14 Bloomberg [TOULOUSE, France] AirAsia Bhd, the region’s biggest discount airline, plans to unveil an order for 100 Airbus A320 jets as the carrier expands operations to fend off rising competition, two people familiar with the contract said yesterday. AirAsia group CEO Tony
      Bloomberg  -  353 words
    • Article
      Lock icon UEM tie-up eyes KL-S’pore high speed rail project
      385 14 Pre-qualification bids could be called by mid-2013 RAVINDRAN Menon, who controls Skypark Terminal at the Sultan Abdul Aziz Shah Airport in Subang, has teamed up with UEM Group to vie for the high-speed railway project linking Kuala Lumpur and Singapore, a report
      385 words
    • Article
      Lock icon Axiata buys Cambodia telco for US$155m
      248 14 Reuters [KUALA LUMPUR] Axiata Group Bhd, South-east Asia’s second-largest mobile phone provider, kicked off consolidation of Cambodia’s crowded telecommunications market with the US$155 million acquisition of a rival. Axiata said its Cambodian unit Hello Axiata Co Ltd will buy Latelz Company Ltd, owned by
      Reuters  -  248 words
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      43 14 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY WHAT’S SACHIN WAITING FOR? Cricket icon Tendulkar keeps everyone guessing about his retirement 'M Indian authors find Singapore a good place to launch their books GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
      43 words
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      29 14 www.omy.sg 0J1 ***** ■i tX5=% A loiriop hobid y>U i-*- 1 mtE i lability fosnS/f. nn fra Pe planking ■imM, insau Btra f 4/' S llfM r> gosocial.omy.sg J
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Funds battle for China-bound investor dollars
      581 15 Lack of knowledge, network force many to seek third-party help with portfolios Reuters [SHANGHAI] Foreign money managers in China have begun chasing after tens of billions of dollars of funds expected to be drawn in coming years by Beijing’s stepped-up opening of its capital
      Reuters  -  581 words
    • Article
      Lock icon Next Media reveals buyers of its media assets in Taiwan
      438 15 Bloomberg [TAIPEI] Next Media Ltd, controlled by Hong Kong mogul Jimmy Lai, has announced the sale of its Taiwan print and television units to two groups of four buyers for NT$17.5 billion (S$734 million). Next Media will sell its Taiwan
      Bloomberg  -  438 words
    • Article
      Lock icon Indian stake sale in NMDC raises US$1.1b
      519 15 Foreign funds bid for half the shares on offer in miner Reuters [MUMBAI] India raised US$1.1 billion selling a stake in miner NMDC Ltd in a fillip for its efforts to rein in a widening fiscal deficit through sales of state assets. The
      Reuters  -  519 words
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      86 15 o NamCheong www.namcheong.com.my 0 4 kTA i A*' V 300 TUAH ARHiO* In r NC800 1 To Nam Cheong Limited on The Official Launch of NC800 Malaysia's First Diesel Electric Multi-purpose Platform Support Vessel On 8 th December 2012 At Nam Cheong Dockyard, Miri Shipyard Our first Diesel Electric Multi-purpose
      86 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon More moderate US job growth seen until 2020
      925 16 Major demographic shifts unlikely to give accurate picture of economy’s health NYT [NEW YORK] For decades, the American labour force grew at a rapid rate, helping to spur strong economic growth. Those days are past. In the coming years, the labour force
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    • Article
      Lock icon EU okays FTAs with eight LatAm states
      554 16 Reuters [BRUSSELS] European Union (EU) lawmakers approved free-trade agreements (FTAs) with Colombia, Peru and six Central American nations on Tuesday, giving them permanent access to the EU’s 500 million consumers and offering the EU’s stagnant economy new markets for its cars and luxury
      Reuters  -  554 words
    • Article
      Lock icon Japan investors ready for bumpy ride with Abe
      799 16 Reuters [TOKYO] Printing money and going on a spending spree would usually sow alarm in a heavily indebted economy, but investors in Japan are betting that opposition leader Shinzo Abe will tone down his strategy if he wins power in Sunday’s national
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    • Article
      Lock icon Egypt’s political crisis may worsen economy
      429 16 AP [CAIRO] Egypt’s political crisis is threatening to plunge its ailing economy even deeper into distress after the government delayed a request for a US$4.8 billion loan from the International Monetary Fund (IMF) that would have eased a ballooning budget deficit and reassured foreign
      AP  -  429 words
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      56 16 -M m far ,43." A VSS •’v r«u si Mr; ‘2y&at without faactt u& fan <z, &<Uaten<M4, (nayccal time! CHRISTMAS DAY ROAST 11.30AM 4.30PM $88 PER PAX +$35 FREE FLOW PROSECCO. RED WHITE HOUSE WINE +$55 FREE FLOW CHAMPAGNE. RED WHITE HOUSE WINE 10 Dempsey Road #01-20 Singapore *****0 T:
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  • WORLD
    • Article
      Lock icon Asian hedge funds reverse slow start to outperform this year
      831 17 Fed’s policies give a boost, with fourth straight month of gains in November Bloomberg [SINGAPORE] Asian hedge funds are set to outperform the world in 2012, gaining for the fourth straight month in November as the US Federal Reserve’s lowrate
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      Lock icon Gokongwei to join Tokyo magnate in casino project
      619 17 Bloomberg [MANILA] Philippines billionaire John Gokongwei will become a partner of Japanese pachinko magnate Kazuo Okada to build a casino in Manila amid efforts by the South-east Asian nation to bring in more tourists. Robinsons Land Corp, controlled by Mr Gokongwei, signed
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    • Article
      Lock icon Holiday travel in US set to rise 1.6%
      309 17 Bloomberg [DALLAS] US travel during the Christmas and New Year’s holidays will be 1.6 per cent greater than last year and the most since the 2006-2007 season, AAA said. About 93.3 million people will journey 50 miles or more from Dec 22
      Bloomberg  -  309 words
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      Lock icon Nov prices down more than expected
      449 19 Downtrend reflects biggest decline in energy cost since March 2009 LATEST US DATA Bloomberg [WASHINGTON] Wholesale prices in the US fell more than forecast in November, reflecting the biggest drop in the cost of energy since March 2009. Retail sales rose in the same
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      Lock icon Greece to get 49.1b euros, and more
      443 19 Bloomberg [BRUSSELS] European governments geared up to provide extra aid or debt relief for Greece after releasing the country’s first loan payment in six months, signalling renewed battles over how to stabilise the euro economy. Euro area finance ministers approved the payout of
      Bloomberg; PHOTO: AP  -  443 words
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      Lock icon Ex-Thai premier charged with murder over protest death
      465 19 AFP [BANGKOK] Former Thai prime minister Abhisit Vejjajiva was charged with murder yesterday, his party said, over a civilian’s death during a crackdown on anti-government rallies two years ago. Abhisit and his then-dep-uty Suthep Thaugsuban were formally charged at Bangkok’s Department of
      AFP; PHOTO: AFP  -  465 words
    • WORLD WATCH
      • Article
        Lock icon Barclays may cut 2,000 in investment bank
        141 19 Reuters [LONDON] Barclays plans to cut as many as 2,000 jobs in its investment bank as part of a broad restructuring of the company, the Wall Street Journal reported, citing people familiar with the British bank’s plans. The paper said senior Barclays executives
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      • Article
        Lock icon Hedge fund fined for insider trading
        82 19 AP [NEWARK, New Jersey] An international hedge fund management company pleaded guilty on Wednesday in a federal insider trading case and is to pay more than US$60 million to settle criminal and civil charges. Sung Kook “Bill” Hwang pleaded guilty on behalf of Tiger
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        Lock icon Amazon wins in EU e-book probe
        94 19 Reuters [BRUSSELS] European Union regulators yesterday ended an antitrust probe into e-book prices, accepting an offer by Apple and four publishers to ease pricing restrictions on Amazon and other retailers. The decision hands online retailer Amazon a victory in its attempt to sell e-books
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      • Article
        Lock icon Italy passes laws to boost competitiveness
        89 19 Reuters [ROME] Italy’s parliament yesterday approved a set of measures aimed at boosting competitiveness, bringing the technocrat government one step closer to wrapping up its programme before Prime Minister Mario Monti resigns. The Chamber of Deputies passed the measures by 261 votes to 55,
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    • Article
      Lock icon Banks feel the pinch of shrinking forex trade
      805 21 Volumes dampened by global slowdown, ultra-low interest rates, low volatility Reuters [LONDON] Shrinking global trade in currencies is stinging banks, partly due to a lull in the eurozone crisis, and dealers face job cuts as volumes are likely to drop further next
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    • Article, Illustration
      Lock icon Jobless chill as axe slices through Swiss Alps town
      626 21 Bloomberg [ZURICH] For decades, the town of Visp at the foot of the Swiss Alps enjoyed the steady stream of affluent skiers heading to Zermatt and the tax income from chemicals maker Lonza Group AG. Lately, the inflow of money has
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    • Article
      Lock icon Staff feel the pinch as cash crunch bites Aussie miners
      535 21 Reuters [CANBERRA] Suddenly strapped for cash and forced to penny-pinch as Australia’s decade-long mining boom fades, resources companies are sending a new message to staff: The gravy train is over. Gone are free fruit baskets, weekly barbecues and the Australian
      Reuters  -  535 words
    • Article
      Lock icon Google Maps back on iPhone with new app
      464 21 AP [SAN FRANCISCO] Google Maps have found their way back to the iPhone. The world’s most popular online mapping system returned late Wednesday with the release of the Google Maps’ iPhone app. The release comes nearly three months after Apple replaced Google
      AP  -  464 words
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      1539 17 riaiHfe me* *sk At item Conditions apply 6281 5688 or 6757 4403 www.gnc.com.sg .<■ <v. VIZ BRANZ LIMITED Company Registration No. *****1631K (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of VIZ BRANZ LIMITED (“the Company”) will be
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      1245 18 The Business Times Free trial now on iPad BT All-in-One coming soon. EXECUTIVE LIFESTYLE Fashion, ait convcrg 6 PAGE 34 a PROPERTY Exec condo site a Pasir Ris keenly contested paces olam Shares up at end lower page 2 AVIATION AirAsiamayaddonly, PAGE 24 f a November 23, 2012* SUP LDINGS
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      2369 19 xat WATS NOTICES TRIYARDS HOLDINGS LIMITED Co. Reg. No. *****0555Z (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Triyards Holdings Limited (“the Company”) will be held at Klapsons, The Boutique Hotel eighteen.1 2 at Level 18, 15
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      46 20 GOOD NEWS IF YOU WISH TO SELL YOUR CAR. STCARS 21CVB2 m K s /f k. 5- c*. ,T4f- V 1 tf- »lfr i' >., i|srr mg MT m Jife flW# in j,.- Buy, sell or rent. At STCars.sg, your ideal car isn’t hard to find. STCARS
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      2408 21 EZRA HOLDINGS LIMITED Co. Reg. No. *****1411 N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ezra Holdings Limited (“the Company”) will be held at Klapsons, The Boutique Hotel eighteen.1 2 at Level 18, 15 Hoe Chiang
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon Politics to blame for 2012’s economic woes
      1025 22  -  It’s to be seen how political structure will change globally for 2013 to be less horribilis By SHAHID JAVED BURKI The writer, a former Pakistani finance minister and World Bank vice-president, is visiting senior research fellow at the Institute of South Asian Studies,
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      Lock icon Signs of another lost generation of Americans
      806 22  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THIS is not a good time to be starting out in life in America. Jobs are scarce, and those that exist often pay unexpectedly low wages. Beginning a family always stressful and uncertain
      The Washington Post Writers Group  -  806 words
    • Article
      Lock icon A place in the digital sun
      477 22 EDITORIAL AN update on the state of the Internet reveals stunning new data about the changing of the guard at the top of the tech leaderboard. While such information is fascinating and even useful for policymakers seeking to attract the right kind of investment,
      477 words
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      Lock icon Positives likely from Beijing policies
      1006 23  -  New leadership has set out to put China’s economy and society on a more sustainable growth path By BURKHARD P VARNHOLT Burkhard P Varnholt is chief investment officer of Bank Sarasin, a wealth management institution. WHEN the policymakers of China gather at the annual Central
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      Lock icon China setbacks no reason to bet on its failure
      1039 23  -  By CLIVE CROOK Clive Crook is a Bloomberg View columnist. The opinions expressed are his own. CHINA’S economy, which paused earlier this year, is picking up again good news for the country and for the US and Europe, which need all
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  • PROPERTY
    • Article, Illustration
      Lock icon Making the most of space in small units
      1214 24  -  Compact homes have made homeowners aware of need to utilise space efficiently By LISA-ANN LEE PARTMENTS and houses may be getting smaller in size these days but homeowners don’t have to let this cramp their style, not if they know how to
      PHOTOS: DESIGNWORX INTERIOR CONSULTANT, CAMERON WOO DESIGN; PHOTOS: JP CONCEPT, VANTAGE DESIGN, DESIGNWORX INTERIOR CONSULTANT  -  1,214 words
    • Article
      Lock icon Househunt
      615 28 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN NOV 14 AND NOV 20, 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 V On Shenton Apt 15/11/2012 99 484 1288 2659 V On Shenton Apt 15/11/2012 99
      615 words
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      151 24 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D04 HOUSE FOR SALE SANDY ISLAND Sentosa Sandy Island. Best facing with privacy, 8077 7828 sq.ft. $19.1 M. To view, call: Anthony Chua 9022 3000 D04 HOUSE FOR SALE SENTOSA COVE Sandy Island/ Paradise Island Sentosa Cove. Land 7338 built up 8859
      151 words
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      103 24 D10 HOUSE FOR SALE EWART PARK GCB *****/ 9300 sqft. Sophisticated living w/ upper lower pool c/w Spa. Great family living. 7+1. Co-broke welcome. Sole agt Edwin 9857 1303 D10 HOUSE FOR SALE OLD HOLLAND ROAD Good Class Bungalow. Land *****/ ***** sf. 2 storey basement. 6 large ensuite bdrm
      103 words
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      107 24 D11 21 HOUSE FOR SALE JALAN KAMPONG CHANTEK Auspicious Hilltop Bungalow for Grab! Privacy, greenery. Freehold. ***** ***** sqft. Contact Jimmy Heng 9729 0876 D11 21 HOUSE FOR SALE YARWOOD AVENUE Extremely rare Good Class Bungalow!!!A beautiful single storey European style bungalow. Sit on the elevated land at Yarwood Avenue.
      107 words
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      99 24 D17 HOUSE FOR SALE TANAH MERAH BESAR LANE Contemporary Bungalow Tanah Merah Besar Lane. Big pool, 5+2. 7000/ 5200 sqft. 9247 3330 David Lim D17 HOUSE FOR SALE TOH DRIVE Brand new semi-d 2-storey attic roof terrace. 5 bdrms with family area, air-well, pool. Posh car porch. View on Sunday
      99 words
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      99 24 D19 HOUSE FOR SALE KENSINGTON PARK ROAD 2.5-storey Semi-Detached Kensington Park Rd. 2692/ 4100sqft. 5+1 rms Ensuite. Roof Terrace. Ben 8100 0055 GPS Visit Sglanded.net D19 HOUSE FOR SALE SERANGOON GARDENS 2.5-storey Bungalow. Approx 4801/6500 sqft, 6+1 rms. Tastefully renovated. High ceiling. $6.5M. Grace 9274 4930 PN D19 HOUSE FOR
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      280 25 D19 HOUSE FOR SALE YIO CHU KANG New Listing! Rare Gem! Terrace Yio Chu Kang. 99 yrs. 3XXX sqft. Original condition. Spacious. Park 4 cars. Contact 9389 8088 Pat D20 HOUSE FOR SALE JALAN SAPPAN Fire Sale! Grab! $5M! Bungalow. 2.5-Sty Jalan Sappan, F’hold. Beautiful 6+1 bdrms. 4300 sqft. High
      280 words
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      Lock icon Page 25 Advertisements Column 2
      224 25 D01 APARTMENT FOR SALE THE SAIL The Sail. Cheapest 2 bdrm. Full Bay View. IR View. Motivated Seller. Immed. Don’t Miss! Call 8551 8623 Joseph D03 APARTMENT FOR SALE ALEXANDRA VIEW WOW! Designed by SCDA, 43 storey, Fantastic view of Orchard/ Sentosa, 3 mins walk to Redhill MRT. Please call
      224 words
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      233 25 D07 APARTMENT FOR SALE CONCOURSE SKYLINE Value Buy! Unblock City View. 1087 sqft. 1+ study. 5 mins walk to Nicoll Highway MRT with Flyer view. Phyllis Tan 8338 8646 D08 APARTMENT FOR SALE CITY SQUARE RESIDENCES City Square Residences. 4 bedrooms. 2 ensuites. 1507 sqft. Pool view. Next to City
      233 words
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      Lock icon Page 25 Advertisements Column 4
      214 25 D10 APARTMENT FOR SALE D’LEEDON From $10xx psf, Up to 10% disc. Farrer Road MRT School. Secure the best unit now! Kvan *****479 D10 APARTMENT FOR SALE D’LEEDON Iconic lifestyle. From $10xx psf. Up to 10% discount, 5 mins Farrer Rd MRT. Johnny 9061 6886 D10 APARTMENT FOR SALE DRAYCOTT
      214 words
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      Lock icon Page 25 Advertisements Column 5
      215 25 D11 21 APARTMENT FOR SALE SHERWOOD TOWER Rare! Sherwood Tower, 3660 sq ft maisonette. 6+2. 2 units combined. Dual Key! Designer Decor. Cheong 9837 9888 ERA D11 21 APARTMENT FOR SALE THE ARCADIA Arcadia 3466 sqft, 3-bdrm. Unblocked view, newly renovated, quiet facing. 100% move-in condition. John Yeo 8612 0759
      215 words
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      466 26 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D16 APARTMENT FOR SALE OPTIMA Optima. 3 bedroom. 1302 sqft. High floor. Balcony. Pool view. Near MRT. Silvester Chua 9628 8813 D17 APARTMENT FOR SALE COASTAL BREEZE RESIDENCE 4+1, 2121 sqft. Seaview penthouse Designer decor. Beach, amenities. $8xx psf. Sole Agt 8322
      466 words
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      Lock icon Page 26 Advertisements Column 2
      106 26 D25 APARTMENT FOR SALE FORESTVILLE From $5XXK, Forestville New Executive Condominium Woodlands. 2/ 3/ 4/ 5 3/ 4/ 5 Dual key and Penthouses. Open for registration. D25 APARTMENT FOR SALE FORESTVILLE New EC Forestville Woodlands. 2/ 3/ 4/ 5rms/ 3, 4 5 Dual Key/ Penthouse. 7 mins to MRT. Full
      106 words
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      263 27 D09 HOUSE FOR RENT EMERALD HILL Best of Emerald Hill. 3-storey conserved, with pool, 1850/ 4500 sqft. Lovely 4+1. MRT. Must view! 9626 2337 Ann D10 HOUSE FOR RENT THIRD AVENUE GCB Third Ave Hilltop. 20k sqft 6+1. Big enclosed patio. Fascina windows. Eco-friendly gas in new aircon. pool greenery
      263 words
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      Lock icon Page 27 Advertisements Column 2
      246 27 D17 HOUSE FOR RENT 27A TOH AVENUE Semi-Detached. Newly rebuilt. 3500/ 5000 sqft. 2-storey attic. 5+1 pool. Immediate. Also for sale. Call Owner 9863 5635 9727 2996 D04 APARTMENT FOR RENT CARIBBEAN AT KEPPEL BAY Caribbean Keppel Bay. 3 bedrms. Full Facilities, Walk to MRT Vivo City. Good View. Quiet.
      246 words
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      Lock icon Page 27 Advertisements Column 3
      224 27 D10 APARTMENT FOR RENT PARVIS Parvis Holland. Beautiful new project. 2-bdrm. High floor. Full facilities. Circle line. Rosie DTZ 9386 6122 D10 APARTMENT FOR RENT STUDIO 3 River Valley. 2 bdrm penthse, p/ furn. Well maintained. Immed. Call Christina 9382 1698 D11 21 APARTMENT FOR RENT TRILIGHT Brand new 3
      224 words
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      Lock icon Page 27 Advertisements Column 4
      243 27 D01 OFFICE FOR SALE CHINATOWN POINT Chinatown Point 1055/2486 sqft. Suntec 2200 to 3800 sqft. Parkway Centre 1033 sqft. GB Bldg 5400 sqft. MRT. View: sgcityhome.org D01 OFFICE FOR SALE RAFFLES PLACE Grade A Office for Sale, *****sqft. Whole floor. Next to MRT. Rental yield 4.5%. Don’t miss! Call now
      243 words
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      Lock icon Page 27 Advertisements Column 5
      240 27 D14 FACTORY FOR SALE ATRIX Freehold. Aljunied MRT. 1443 sqft, 6m ceiling. B1 use. Mezzanine flr, pool, cafe, pool. $1K psf. 9188 1762 AK D14 FACTORY FOR SALE EUNOS TECHNOLINK 2906 sf. Ramp up, easy loading, fitted. Balance 44 years. Future MRT. Must View! Nancy 9489 8939 D14 OFFICE FOR
      240 words
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  • Page 28 Advertisements
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      690 28 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements Good class bungalow area/ Dempsey Hill CBD/ Marina Bay Sands Orchard Road Sentosa/ Vivo City iS pp t.& *4 i. IS «Si ECHELON A Jk 43 storeys high iconic architecture by award winning SCDA Architects nb Panoramic views ofBukit Timah Hill, Orchard
      690 words
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      Lock icon Page 28 Advertisements Column 2
      219 28 Register for Preview NOW! By City Developments Ltd Next to Redhill MR! Station High Rise devt with magnificent views! Mins to Orchard Marina Bay Sands Sentosa RWS 1 /2/ 3/4/ Penthouses avail Appointed Marketing Agency: Huttons realestategroup Estate^Agent^^o^*****9K^||J ter Jennifer Tan VI UAG:E At Pasir Panjang m I M Rare
      219 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon China aviation gets financing boost
      940 29 ILFC deal could spur industry to look to home market to fund fleet expansion Reuters [HONG KONG] The sale of one of the world’s top aircraft leasing companies to a Chinese consortium is the boldest signal yet that China’s aviation industry will increasingly look to
      Reuters; PHOTO: REUTERS  -  940 words
    • Article, Illustration
      Lock icon Embraer lines up 2 jets to rebuild depleted order backlog
      674 29 Reuters [SAO PAULO] Brazilian jet maker Embraer SA aims to rebuild its depleted order backlog next year with two major new offerings a military cargo plane and a re-engined family of regional jets executives said on Wednesday. With approval from
      Reuters; PHOTO: AFP  -  674 words
    • Article
      Lock icon Touting the tipple at cruising altitude
      724 29 US airlines offer new cocktails, craft beers and elegant wines AP [NEW YORK] Airlines have found a way to take the edge off the stress of flying and make a few extra bucks along the way: fancy new cocktails, craft beers and elegant wines.
      AP  -  724 words
    • Article
      Lock icon Aussie projects’ delay hits gas tanker owners
      688 29 Reuters [LONDON] Gas tanker owners face falling profits over the next few years as delays to Australian gas projects leave new ships unemployed, though the tankers will earn more than other commercial vessels at least until 2016, brokers and analysts said. The liquefied
      Reuters  -  688 words
    • Article
      Lock icon The Business Times Shipping Times
      3457 30 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
      3,457 words
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      172 31 TO ADVERTISE IN .THE BUSINESS TIMES mt uujiivuj iimtj Shipping Times CALL JOE WONG I FREIGHT FORWARDER urgently needed by shippers i Can they find your services here in the Shipping Times? The business times TO ADVERTISE, CALL JOE WONG AT 9620 1327 MIL UUJIIVI—JJ 11V11 J Shipping Times Highlight
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3003 32 Transaction date: Dec 13 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol Day Last Quote (’000) High Low Buyer Seller 149.5 92.5 AIMSAMPIReit 147.5 +2 332 147.5 144.5
      3,003 words
    • Article
      Lock icon SGX CATALIST
      169 33 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol Cooo) Day High Low Last Quote Buyer Seller Div Gr Yld C'vr y Net M Cap P/E Smil 21 12.2
      169 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      8630 33 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl 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 Mgt Asia Limited Asian Local Ccy SD Bond 0.9858/ EM local Ccy
      8,630 words
    • Article
      Lock icon GLOBALQUOTE
      206 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 43.5 25.5 AVJennings A41.5 +7 6 41.5 34.5 35 40 3.6 8.4 3.3 108.1 41.5 26 Genting HK US$ US34 +2.5 ***** 34 32 33.5 34 2238.7
      206 words
    • Article
      Lock icon SGX ETF
      907 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 114.4 ABF SG Bond ETF 117.5 -3.5 2 121 117.5 117.5 121 536.4 128.9 120.4 CIMB APAC Div 100S$D 125 128.5 129.5 105.5 95.8 CIMB
      907 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      675 34 Dec 13 0»E)l HIGH LIIW sen VDL Df.m WKK*i:(tt INOMfUTUIKf SPOT 5717?'*S 9C7247 nrru ten nr 3m or r*nn* 97 r". »Y\ IVQ3 J2W/ Mmt3 JS750C 976SAO *****1 97£OOQ IL*Oi»7 iTMifld MSCI TAIWAN OtOEX FUTURES «i «tii nn« O.V jrrit -w w 2«l Mfl IffiTT -m;v;o unit
      675 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      380 34 In local curr In S$ In US$ dy yr dy yr dy yr Dec 12 Index Change Change Change Change Change Change World Preliminary 933.2 0.2 12.5 0.2 6.2 0.3 12.7 EAFE Preliminary 762.9 0.3 11.8 0.3 5.6 0.3 12.1 Europe Preliminary 1152.1 0.2 12.2
      380 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      101 34 As on 12 December 2012 www.smx.com.sg www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT FEB2013 1723.80 1708.80 1718.00 INDIA GOLD (E-GOLD) FUT FEB2013 577.60 572.60 576.10 CURRENCY EUR-USD FUT DEC2012 1.3038 1.2997 1.3084 EUR-USD FUT MAR2013 1.3074 1.3074 1.3096 BASE METAL COPPER FUT MAR2013 8183
      101 words
    • Article
      Lock icon CHICAGO BOT
      107 34 Dec 12 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 13 1473.50 1472.00 1478.75 1457.25 Mar 13 1470.50 1471.25 1476.00 1455.25 May 13 1455.00 1459.00 1461.75 1444.25 Jul 13 1440.75 1446.00 1448.00 1432.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 12 49.18
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    • Article
      Lock icon LIFFE
      80 34 Dec 12 COCOA (£/tonne) Close Prev High/Low Dec 12 1533 1518 1570/1515 Mar 13 1547 1519 1549/1513 May 13 1554 1526 1555/1521 Jul 13 1559 1532 1560/1526 COFFEE(US$/tonne) Close Prev High/Low Jan 13 1897 1888 1919/1884 Mar 13 1890 1884 1909/1878 May 13 1898 1894 1917/1895 Jul 13 1908
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 34 CRUDE OIL PRODUCTS Dec 12 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.18 1.82 WTI (Near Mth) 86.82 1.06 Dubai (1-Mth F) 103.5 0.27 Tapis blend 113.56 0.32 Minas 106.84 0.32 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.56 0.12 Jet Kerosene 122.93 0.88 US$/barrel OpecOil Basket
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      Lock icon US$/S$ FORWARD RATES
      22 34 Dec 13 S$ Bid Offer 1-month 1.2209 1.2211 2-months 1.2209 1.2211 3-months 1.2209 1.2210 6-months 1.2207 1.2208 Source: OCBC
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      Lock icon LONDON METALS
      66 34 Dec 12 Dec 12 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2141.25 2110.00 3 months 2140.00 2116.00 Copper, Grade A(US$/tonne) Cash 8105.25 8074.50 3 months 8130.00 8100.00 Lead(US$/tonne) Cash 2305.00 2281.00 3 months 2321.50 2298.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3
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      Lock icon INTERBANK CROSS RATES
      470 34 Dec 13 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.038 6.577 0.807 8.181 57.295 101.844 0.882 11.322 3.221 1.250 102.789 43.366 1.289 9.118 0.978 30.692 32.335 0.654 1.056 Canada 0.963 6.334
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      Lock icon SIBOR
      60 34 Dec 13 (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$) 0.***** 3 mths 0.***** 6 mths 0.***** SWAP Mid rates (S$) 12 mths 0.***** SWAP Mid rates
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    • Article
      Lock icon PRECIOUS METALS
      134 34 Dec 13 GOLD(US$/oz) Dec 12 Dec 13 Hong Kong 1724.00 1706.00 Dec 11 Dec 12 London 1707.41 1710.86 1708.18 1711.73 Source: Thomson Reuters CAST BAR Dec 13 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 150 67 5gm 425 334 10gm 760 667
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      Lock icon GOVERNMENT SECURITIES
      88 34 Dec 13 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****A 14-Mar-13 0.23 6-Month BS*****X 13-Jun-13 0.26 1-Year BY*****X 01-Nov-13 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14 101.97 5-Year N*****0Z 2.375 01-Apr-17 108.63
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    • Article
      Lock icon PALM OIL
      57 34 Dec 13 KLCi PALM WrUKtS iFMiT.m (Minify Op«*tiy Vo Month flarcc Pi<e <W Pmr Mini. lew Vul Don 0(1 !<• I'nUoo iTttl.' IOMIii ffcijll JIWMI Ml ii iU UK Inn T i JUi.il TWStJ MJiii ifrL (ci. u uibn •Mi 17 iiibil 7?ir.ii 12?0 td‘JA Mw U Mian
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      847 34 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 650 5.00 17 Conv Ratio Best World Intl Ltd W*****5 0.5 1 30 68 36.40 7 Price Prem Biosensors Int'l Group.ES.1212 120.5 Bumitama Agri MBeCW*****3
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 34 Dec 13 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2888 1.2890 1.0556 1.0557 Canadian dollar 1.2409 1.2417 1.0170 1.0164 Euro 1.5971 1.5974 1.3081 1.3083 NZ dollar 1.0309 1.0313 0.8444 0.8446 Sterling pound 1.9697 1.9702 1.6133 1.6136
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 34 As at 9am Dec 13 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.317 1.255 Can dollar 1.269 1.209 Euro 1.632 1.555 Sterling pound 2.007 1.93 NZ dollar 1.064 1.004 US dollar 1.244 1.185 Local dollars to 100 units of foreign
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      Lock icon INTERBANK RATES
      154 34 Dec 13 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ Offer Bid 7 days 0.22 0.12 1 month 0.30 0.20 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.65 0.45 9 months 0.80 0.60 12
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  • executive lifestyle
    • Article, Illustration
      Lock icon Survival of the Hippest
      2275 35  -  Crowdfunding, or raising funds for a project or campaign online, is giving creative outfits a lifeline against spiralling costs, reports CHEAH UI-HOON reportsCHEAH reportsCHEAH UI-HOON THREE weeks ago, BooksActually made a public appeal. Its rent had been doubled and it needed $16,000 to pay a two-month
      ALL PHOTOS: FILE  -  2,275 words
    • CINEMA/ENTERTAINMENT
      • Article, Illustration
        Lock icon Feisty male nurse raises the bar
        396 36  -  By DYLAN TAN A HUGE hit in its native France, The Intouchables tells the real-life story of an unlikely friendship between billionaire quadriplegic Philippe (Francois Cluzet) and his ex-con Senegalese caregiver Driss (Omar Sy). It’s a feel-good film that borders on fairy tale with
        PHOTO: THE WEINSTEIN COMPANY  -  396 words
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        Lock icon Lite side of Tolkien
        631 36  -  While Peter Jackson’s The Hobbit feels a lot like LOTR for dummies, the director excels in tall tales starring short people, reviews DYLAN TAN reviewsDYLAN reviewsDYLAN TAN MOVE over, Frodo, there’s a new ‘bit in town. It’s been a decade since director Peter Jackson wrapped the
        PHOTOS: WARNER BROS  -  631 words
      • Article, Illustration
        Lock icon Realism glossed over in Warfighter
        491 36  -  GAMING REVIEW By CHRISTOPHER LIM THE widely publicised punishment of seven US Navy Seals for revealing American military secrets in the course of consulting for Medal of Honor: Warfighter gave the game an instant air of authenticity. Even though the soldiers of Seal Team Six
        PHOTOS: ELECTRONIC ARTS  -  491 words
      • Article, Illustration
        Lock icon Tuned in to being a Better Man
        910 36  -  By CHRISTOPHER LIM WHEN a rock group specialises in performing cover songs, it’s called a tribute band. But there’s such a special appeal when handsome young guys perform hits from the Great American Songbook that they are seen as gold-en-age crooners reborn rather
        PHOTOS: ARS ENTERTAINMENT  -  910 words
    • BOOKS
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        Lock icon ‘Tis the most wonderful tome of the year
        1977 37  -  Giving a book for Christmas? BT picks out some of the best in 2012’s fiction, non-fiction, children’s and collectibles categories. By HELMI YUSOF, CHRISTOPHER LIM and KENNETH LIM By HELMI YUSOF, CHRISTOPHER LIM, KENNETH LIM FICTION Dear Life Alice Munro, $44 ALICE
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    • ARTS
      • AroundTown
        • Article, Illustration
          Lock icon Film
          148 38 Old Romances: Tanjong Pagar Canteen at the old railway station. New Century Record Company. Silat Walk Estate. Old playgrounds. These are just of the landmarks in Singapore that have disappeared or are gradually disappearing. In 2010, celebrated filmmaker Royston Tan paid homage to such places with his film Old
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        • Article, Illustration
          Lock icon Music
          145 38 The Return of Jazzy Christmas: After a two-year break, local jazz keyboardist Jeremy Monteiro (right, above) is bringing back his Jazzy Christmas concert. Monteiro’s guests at his year-end concerts are as much a highlight as the veteran himself. This year, Malaysian pianist Michael Veerapen will join Monteiro on stage,
          145 words
        • Article
          Lock icon Art
          121 38 French flair: To mark the last 100 days of the Year of the Dragon, Paris’s Kraemer Gallery which specialises in French 18th-century furniture and decorative arts is showcasing some rare pieces from its collection. Among them is an exceptional Louis XV pedestal clock that is decorated with dragons, and
          121 words
      • Article, Illustration
        Lock icon Seeing comedic routines as cultural anthropology
        787 38  -  Paul Wildbaum has kept audiences in stitches since the 1970s, writes CHEAH UI-HOON writesCHEAH THE BUSINESS TIMES BUDDING ARTISTS FUND CHEAH UI-HOON I F there’s another word for a comedian on the international circuit, it could be “cultural anthropologist”. “That’s what I love about
        PHOTO: DMR PRODUCTIONS  -  787 words
      • Article, Illustration
        Lock icon Time out at the mall for art
        740 38  -  By CHEAH UI-HOON LASALLE College of the Arts students will learn how to be “art-repreneurs” now that the college has embarked on a three-year collaboration programme with Scotts Square. Since art students generally just have graduation shows in their schools, which aren’t very
        PHOTOS: SCOTTS SQUARE  -  740 words
    • WINE
      • Article, Illustration
        Lock icon From bull-fighting to winemaking
        1169 39  -  Alvaro Palacios manages three family wineries, putting Spanish wine on the wine aficionado’s world map, writes NK YONG writesNK NK YONG ALVARO Palacios has finally returned home home being Palacios Remondo, the winery in Rioja Baja that his father founded in the early 1980s. It fell
        1,169 words
      • Article, Illustration
        Lock icon Biodynamics takes root in wine industry
        1087 39  -  By CHRISTOPHER LIM WITH the popularity of organic food, organic wine is the next logical step. But while the concept of organically grown grapes is easy enough to grasp, biodynamic wines require a slightly different mindset. The term refers to the holistic practice of
        PHOTOS: LE MACCHIOLE QUERCIABELLA, THIBAULT LIGER-BELAIR  -  1,087 words
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  • Page 37 Miscellaneous
    • Miscellaneous
      Lock icon Page 37 Miscellaneous Column 1
      284 37 Across CRYPTIC CROSSWORD 7 Aunt will be affected by demonstration, of course (9) 8 A wound produced by a point that’s sharp (5) 10 He keeps mum in order (8) 11 Animal has no end of courage in a melee (6) 12 Fastener for a jumper (4) 13 Lacking majority
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      25 38 Log on to www.sphmagazines.com.sg/xmaspromo2012 or scan the QR code* now! You need to download a QR code reader app for this. Terms and conditions apply.
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      111 40 Ml, AUTO DOOR 'JOF VEGETABLE f REE2ER pH°?i£ K «noooo« sec p, ws3S6C CLEANING mm ....envy THE NEW HITACHI INTELLIGENT FRIDGES. Envious? Hitachi made it all possible with its new Made in Japan elite line of fridges. Now bigger in capacity and energy-saving, the improved Hitachi's Original Vacuum Compartment intelligently
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