The Business Times, 24 December 2012

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL32339
Total Pages: 25
1 26 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Monday, December 24, 2012
    25 words
  • Article, Illustration
    Lock icon Luxury homes seen getting foreign boost
    1119 1  -  Market watchers expect them to return amid low interest rates and surplus liquidity By MINDY TAN [SINGAPORE] The return of foreign investors to the private residential market, coupled with the low interest rate environment and surplus liquidity, may help the luxury market to recover
    ST FILE PHOTO  -  1,119 words
  • Article
    Lock icon S’pore power supply set to outstrip demand
    695 1  -  This could mean a 5% drop in electricity prices for consumers By RONNIE LIM [SINGAPORE] “It was a game of chicken, except nobody backed down,” said an industry official of the generating companies’ expansions here. And now all the chickens are coming home
    695 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      57 1 Weekly Change ST INDEX 3,163.56 -4.87 KL COMP 1,658.85 +6.87 NIKKEI 225 9,940.06 +202.50 HANG SENG 22,506.29 -99.69 SET INDEX 1,373.38 +14.88 JAKARTA COMP 4,250.21 -58.65 MANILA COMP 5,823.94 +116.83 SEOUL COMP 1,980.42 -14.6 SHENZHEN B 647.74 +5.03 MUMBAI IND 19,242.00 -75.25 DOW 13,190.84 +55.83 NASDAQ 3,021.01 +49.68 S&P
      57 words
    • Article
      Lock icon PRIME RATES
      16 1 SINGAPORE 5.38 MALAYSIA 6.55 HONGKONG 5.00 INDONESIA 13.950 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
      16 words
    • Article
      Lock icon FOREX
      49 1 US$ S$ US$ (S$ per US$) 1.221 (US$/S$ per 1.625 1.983 EURO (US$/S$/E) 1.320 1.611 Foreign currency per US$ S$ YEN 84.00 68.80 RM 3.063 2.509 HK$ 7.750 6.349 BAHT 30.62 25.09 RUPIAH 9,688 7,936 RENMINBI 6.229 5.103 INDIAN RUPEE 55.16 45.19 A$ 0.958 0.785 NZ$ 1.207 0.989
      49 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      138 1 CHILDAID 2012 The classics, electrified PAGES 12-13 CHRISTMAS SPENDING Consumers and retailers cautiously upbeat page 4 DINING OUT European fare with a Singapore accent page 20 YOUNG INVESTORS’ FORUM When investing has lasting impact PAGE 8 %r •>< A f -s >•; < 4** 5C,.o >4 v s*/ V Reinv
      138 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      26 1 BT WEBSITES For breaking news, go to businesstimes.com.sg. For personal finance stories, go to btinvest.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. 8 *****1 *****4
      26 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon How much higher can bus fares go?
      1460 2  -  An increase of 5 cents could let SBS Transit break even on its bus ops and pay drivers $500 more COMMENTARY CAI HAOXIANG Reporter THIS is not a good time to be in the bus business. And not for the first time, the
      ST FILE PHOTO  -  1,460 words
    • Article
      Lock icon Maybe the Mayans meant doom in Washington – the budgetary kind
      764 2  - Maybe the Mayans meant doom in Washington the budgetary kind But Congress may yet give market its X’mas present, some say WALL STREET INSIGHT By ROB CURRAN THE Mayan seers may have been better political analysts than their modern equivalents on Wall Street. While last Thursday did not mark the
      764 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      339 2 Luxury homes seen getting foreign boost THE return of foreign investors to the private residential market, coupled with the low interest rate environment and surplus liquidity, may help the luxury market to recover next year. FRONT PAGE S’pore power supply set to outstrip demand “IT was a game
      339 words
    • Article, Illustration
      Lock icon Consumers and retailers cautiously upbeat
      301 4  -  Most retailers expect Christmas spending mood to prevail despite global economic uncertainty By CHNG SZE NING, KIM MIN SEOK, TEO HOONG CHEN [SINGAPORE] Christmas spending trends here suggest consumers are cautiously upbeat. Retailers are anticipating good sales and have made preparations to attract more customers.
      PHOTO: ORCHARD ROAD BUSINESS ASSOCIATION  -  301 words
    • Article
      Lock icon Christmas corporate gifts enjoy steady sales
      463 4  -  Retail sales have remained the same or picked up slightly By CHNG SZE NING [SINGAPORE] The global economic uncertainty has not dampened the Christmas spirit of giving in the corporate world. Sales of Christmas corporate gifts remain well and quite steady. Corporate gift retailers
      463 words
    • Article, Illustration
      Lock icon Looking a lot like a great Christmas for retailers
      468 4  -  5-6% sales rise from last year likely, say Orchard merchants By TEO HOONG CHEN [SINGAPORE] Retailers in Singapore are hopeful that sales this Christmas season will be good. Many whom The Business Times spoke to were quietly optimistic and are staying
      468 words
    • Article, Illustration
      Lock icon Mixed fortunes for trees and cards
      436 4  -  DHL, Ikea see brisk trade unlike small florists, SingPost By KIM MIN SEOK [SINGAPORE] The practice of posting Christmas cards appears to be dying out in the Internet age, abetted by a weak economy. But Christmas trees are still seeing brisk sales at the
      ST FILE PHOTO  -  436 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      54 3 00 CM r v\ OYSTER PERPETUAL DATEJUST II a THE HOURGLASS t ROLEX TAKASHIMAYA S.C., TEL: 6734 2420. TANG PLAZA, TEL: 6235 7198. ION ORCHARD, TEL: 6509 9282. KNIGHTSBRIDGE, TEL: 6884 8484. ORCHARD CENTRAL, TEL: 6337 8309. RAFFLES HOTEL ARCADE, TEL: 6334 3241. MILLENIA WALK, TEL: 6339 4870. ONE RAFFLES
      54 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      53 4 Why pay to advertise your car for sale online? Do it for FREE STCars.sg Unlimited Free postings! Go online or SMS to '8701 now in the following format: FREE<space>Name<space>NRIC<space>Vehicle number Buy, sell or rent. At STCars.sg, your ideal car isn’t hard to find. A product of Singapore’s Most Trusted Media
      53 words
Page thumbnail Page 5
  • COMPANY NEWS
    • Article, Illustration
      Lock icon Bank of Singapore’s AUM enjoys strong surge
      729 5  -  Inflows include funds diversifying away from Switzerland By SIOW LI SEN BANK of Singapore has enjoyed a good year, with its assets under management (AUM) up to November surging almost US$10 billion to US$41 billion. Driving the strong 30 per cent growth over
      FILE PHOTO  -  729 words
    • Article, Illustration
      Lock icon Saw Phaik Hwa’s first on-market trades in Auric
      1770 5  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd THE buying fell while the selling among directors rose last week, based on filings on Singapore Exchange. Directors in 16 companies posted 26 purchases worth $8.36 million, while in
      1,770 words
    • Article
      Lock icon COMPANY MEETINGS
      262 5 COMPANY MEETING PLACE DATE TIME Eastgate Tech A RELC Int'l Hotel Room 507 Level 5 30 Orange Grove Road 27-Dec 10.00am Transview Holdings E Aster Room Level 3 Singapore Polytechnic Graduates Guild 1010 Dover Road 27-Dec 3.30pm Qian Hu E No 71 Jalan Lekar 27-Dec 11.00am Giken Sakata
      262 words
    • Article
      Lock icon PRIME LENDING RATES
      248 5 Dec 21 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited 5.50 Bank of Communications 5.50 Bangkok Bank Public Co. Ltd.... ...6.00 Bank of Tokyo-Mitsubishi Bank of Communications Banque Internationale a ...5.75 Chang Hwa Commercial Bank
      248 words
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      98 5 ALMATY •tr f Seoul Beijing k\ Bangkok Kuala Lumpur Hong Kong Ho Chi Minh Beijing Almaty •4'- 5 times a week Kuala Lumpur Almaty Hb- 3 times a week Bangkok Almaty 7 times a week Seoul Almaty 2 times a week Ho Chi Minh Almaty 2 times a week Hong
      98 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Positive outlook for stocks not surprising
      679 6  -  STOCKS R SIVANITHY Senior Correspondent FOR the past two weeks, this column has featured forecasts for 2013 from the investment community. From the views gathered so far, equities appear to be in favour for a few common reasons, with a recovering China and unlimited
      679 words
    • Article
      Lock icon Yen tumbles for sixth week in longest streak since March
      481 6 CURRENCIES Bloomberg [NEW YORK] The Japanese yen last week fell for a sixth week against the US dollar, the longest streak in nine months, after the nation’s central bank said it would review its inflation target after a pro-stimulus government
      Bloomberg  -  481 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1536 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Capital Ind REIT 2.00 2.00 2 9.25 15.89 1.62 1.47 Amtek Engineering Ltd 3.00 2.83 5 0.06 7.17 0.60 0.50 ARA Asset Management 1.43 1.43
      1,536 words
    • Article
      Lock icon Markets hit by fiscal cliff, US GDP data
      505 6 COMMODITIES AFP [LONDON] Commodity markets were hit last week in the run-up to Christmas, as hopes faded for a deal to avert the “fiscal cliff” of tax rises and spending cuts that could send the world’s biggest economy spinning into recession, analysts
      AFP  -  505 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 6 Dec 21 VALUE CLOSE BT OB/OS 197.00 -190.00 BT CADI -*****.00 -93.00 BT 10-day MA -*****.00 +19.00 FTSE ST Mid Cap 762.64 -3.25 FTSE ST Small Cap 510.76 -1.16 FTSE ST All Share 772.85 -2.92 FTSE ST China Top 209.26 -1.31 FTSE ST China 234.39 -2.49 FTSE
      73 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 6 VOLUME Digiland 1,452,192,000 YHM 1,165,897,000 Geo Energy 476,758,000 MDR 427,780,000 Cedar 332,306,000 Olam 267,855,000 MDR W*****5 247,399,000 TT Intl 235,722,000 Golden Agri 234,378,000 HLH Grp 208,498,000 VALUE($) Olam 400,892,435 SingTel 292,571,139 Wilmar 289,852,117 Geo Energy 233,338,770 Noble Grp 208,014,505 DBS Grp 192,574,448 CapitaLand 188,174,234 UOB 163,585,425 Keppel
      56 words
    • Article
      Lock icon RISES
      118 6 BY CENTS CLOSE UP DBXT MSEurope 10US$ 4808 244.1 4.3 DBXT MSJAP 10US$ 3728 207.5 4.8 DBXT AUD Bonds 5AU$ ***** 100.7 0.4 Hyflux 6% CPS 10 ***** 72.0 0.7 DBXT FTVietnam 10US$ 2099 54.9 2.2 UE 343 52.0 17.9 Lyxor MS India 10US$ 1408 45.2 2.7 Lyxor LatinAmerica
      118 words
    • Article
      Lock icon FALLS
      119 6 BY CENTS CLOSE DOWN GLD 10US$ ***** -565.0 -2.8 DairyFarm 1082 -81.8 -5.8 DBXT iBoxxSing 5SG$ ***** -78.0 -0.6 JMH 6175 -42.7 -0.6 JSH 3560 -39.1 -0.9 STXPO 100 435 -35.0 -7.4 Jardine C&C 4805 -33.0 -0.7 IS MSCI Spore 1351 -22.0 -1.3 UOB 5.05%NCPS 100 ***** -20.0 -0.2
      119 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 WEEKLY
      5 words
Page thumbnail Page 7
  • SINGAPORE NEWS
    • Article
      Lock icon Getting payment awarded against a foreign company
      612 7 ASK QUESTION: I am the general counsel for a Singapore company. We were recently awarded a multi-million-dollar payment in a contractual dispute with a foreign company. However, the foreign company has ignored all our demands for payment. It has no assets in Singapore.
      612 words
    • Article, Illustration
      Lock icon Ascenz is Red Dot Ventures’ 9th startup investment this year
      419 7  -  By CHNG SZE NING FRESH from winning this year’s Emerging Enterprise Award in June, Singa-pore-based startup Ascenz has attracted a $590,000 investment from Red Dot Ventures, a private investment vehicle of System Access founder Leslie Loh. This is Red Dot
      BUSINESS TIMES FILE PHOTO  -  419 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      425 7 Payment Ex Books Pay Ann (cts) date close date date Asia Pacific Breweries ak 85.000 22-Jan 24-Jan 06-Feb 16-Nov Aspial Corporation ay 0.750 03-Dec 05-Dec 22-Jan 21-Nov CapitaMall Trust ch 1.550 27-Nov 29-Nov 28-Jan 04-Dec CapitaMall Trust ES (Nov Dec 2012) ch 1.550 27-Nov 29-Nov 28-Jan 04-Dec Far
      425 words
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      102 7 Have a pressing question about a corporate law-related issue that your company is facing? Lawyers from Stamford Law will provide their expert advice and answers to your queries on a weekly basis. All you need to do is send us an e-mail with your query at btnews@sph.com.sg and include particulars
      102 words
    • Advertisement
      Lock icon Page 7 Advertisements Column 2
      2047 7 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices TECHNICS OIL GAS LIMITED Registration No. *****5249E (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 72 Loyang Way, Singapore *****2 on Thursday, 10 January 2013 at 10.00 a.m.
      2,047 words
    • Advertisement
      Lock icon Page 7 Advertisements Column 3
      119 7 INTRACO LIMITED (Co. Reg. No. *****0526Z) (Incorporated in the Republic of Singapore) LOST CERTIFICATE Application has been made to the Directors of the abovenamed Company to issue duplicate certificate in place of the following certificate which has been reported lost or destroyed:Certificate(s) No. Name No. of Shares fully paid *****57D
      119 words
Page thumbnail Page 8
  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon When investing has lasting impact
      1485 8  -  ‘Responsible capitalism’ is the game that the founders of a different kind of private equity company have chosen to play after quitting lucrative jobs, reports JANE WILLIAMS reportsJANE reportsJANE WILLIAMS IN LATE 2010, four highly paid Insead MBA financiers walked away from lucrative jobs and
      PHOTO: STOCK.XCHNG  -  1,485 words
    • Article, Illustration
      Lock icon Character counts as much as smarts here
      1192 8  -  A couple builds a centre to offer well-rounded tuition education, reports LEE MEIXIAN STARTING YOUNG reportsLEE reportsLEE MEIXIAN WHEN 27-year-old Jed Ong was an entrepreneurship major in Singapore Management University’s (SMU) business school, he refused to join other students studying in the library
      PHOTO: ARTHUR LEE  -  1,192 words
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      29 8 If you ’re between the ages of 17 and 30, with an interesting investing or entrepreneurial story to share, do email btyif@sph.com.sg, with ‘Starting Young’ in the subject heading
      29 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 2
      156 8 Get started now Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      156 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      338 9 WE SALUTE THIS YEAR’S 49 OUTSTANDING WINNERS! AN ASME-LIANHE ZAOBAO AWARD Singapore Prestige Brand Award 12 Clearly, all the Winners deserve their place among the best brands in Singapore. Now into its 11 th year, Singapore Prestige Brand Award is one of Singapore’s most distinguished brand accolades. Since its inauguration,
      338 words
Page thumbnail Page 10
  • MALAYSIA/INDONESIA
    • Article
      Lock icon AirAsia runs contest for engine supplier
      274 10 Bloomberg [TOULOUSE] AirAsia Bhd said that it will run a contest to pick an engine supplier for its latest crop of Airbus 320 planes rather than automatically select its regular supplier, a General Electric Co (GE) and Safran SA venture. Pratt Whitney will get
      Bloomberg  -  274 words
    • Article, Illustration
      Lock icon Nat Rothschild tweaking plan on Bumi’s future
      707 10 He’ll submit revised proposal for mutual solution in ‘interests of all shareholders’ Reuters [LONDON] Financier Nathaniel Rothschild is looking at revising his proposal to settle the future of Bumi, the Indonesian coal miner he helped to create. Relations between Mr Rothschild and Indonesia’s
      Reuters  -  707 words
    • Article
      Lock icon BURSA MALAYSIA
      1596 10 VOL Dec 21 RM +/-(‘000) VOL Advance Synerg 0.15 unch 39 Adventa Bhd 1.94 0.01 723 Ae Multi Hldgs 0.21 unch 110 Affin Holdings 3.38 -0.01 488 Ahmad Zaki Res 0.68 -0.01 35 Airasia Bhd 2.53 -0.02 ***** Alliance Finan 4.24 unch 1510 Aluminium Co 0.69 unch 0
      1,596 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      1887 10 ALBEDO LIMITED (Registration No. *****5118M) (Incorporated in the Republic of Singapore on 18 April 2005) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an extraordinary general meeting (“EGM”) of Albedo Limited (the “Company”) will be held at The National University of Singapore Society, Kent Ridge Guild House, Dalvey
      1,887 words
Page thumbnail Page 11
  • GREATER CHINA/INDIA
    • Article
      Lock icon Indian shadow banking grows but poses risks
      780 11 Assets at non-bank lenders up 20% annually for past 5 years to US$670b Bloomberg [NEW DELHI]) When Rashmi Deshmukh needed money for her hand-knit clothing business in Mumbai, she could not wait for bank approval. Instead, she put up her wedding jewellery as
      Bloomberg  -  780 words
    • Article
      Lock icon China boots presence in Laos with US$1.6b property project
      217 11 Bloomberg [BEIJING] A Shanghai-based firm has started construction on a US$1.6 billion property project in Vientiane, the capital city of Laos, boosting Chinese presence in the Association of South-east Asian Nations’ (Asean) smallest economy. Shanghai Wanfeng Group, the closely held developer
      Bloomberg  -  217 words
    • Article, Illustration
      Lock icon Beijing to stop controls on thermal coal prices
      494 11 Such rules no longer needed as market has stabilised Reuters [SHANGHAI] China, the world’s top coal importer, said it would scrap a regulation to cap spot thermal coal prices and would no longer intervene in annual coal price negotiations between sellers and
      Reuters; PHOTO: AP  -  494 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      243 11 *AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF POENA SHIPPING PTE. LTD. (IN MEMBER'S VOLUNTARY LIQUIDATION! (COMPANY REGISTRATION NO, *****7729R) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies
      243 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 2
      187 11 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF JUPPITER SHIPPING PTE. LTD. |IN MEMBER'S VOLUNTARY LIQUIDATION! (COMPANY REGISTRATION NO. *****0667N) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the
      187 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 3
      334 11 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF DUELLONA SHIPPING PTE. LTD. |IN MEMBER'S VOLUNTARY LIQUIDATION! (COMPANY REGISTRATION NO. *****2198D) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the
      334 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 4
      336 11 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HIPPONA SHIPPING PTE. LTD. (IN MEMBER'S VOLUNTARY LIQUIDATION! (COMPANY REGISTRATION NO. *****2202W) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the
      336 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 5
      303 11 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF VIRTUS SHIPPING PTE. LTD. (IN MEMBER'S VOLUNTARY LIQUIDATION) (COMPANY REGISTRATION NO. *****4638N) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the
      303 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 6
      187 11 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SENTIA SHIPPING PTE. LTD. |IN MEMBER'S VOLUNTARY LIQUIDATION) (COMPANY REGISTRATION NO, *****4674C) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the
      187 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 7
      388 11 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 RARITAN ASIA PACIFIC, INC. SINGAPORE BRANCH (REGISTRATION No. T08FC7147D) (Incorporated in Singapore) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 400 Cottontail Lane Somerset, New Jersey, United States of America on the 21 DEC 2012
      388 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 8
      348 11 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TA CHONG DEVELOPMENT PTE LTD (IN LIQUIDATION) COMPANY REG. NO. *****0676E NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of the Companies Act, Cap. 50, that a FINAL MEETING of the
      348 words
Page thumbnail Page 12 / 13
  • CHILDAID 2012
    • Article, Illustration
      Lock icon The classics, electrified
      741 12 / 13  -  By Teo Si Jia TRUST the young’uns to know how to party in style at ChildAid 2012. Yawn-inducing classical pieces and pop songs played so often, you’d love to loathe, were given new lives at the eighth ChildAid charity concert. This year’s Electric Edition brought out all
      PHOTOS BY ARTHUR LEE AND DESMOND WEE  -  741 words
Page thumbnail Page 14
  • ECONOMY WATCH
    • Article
      Lock icon Abe twists BOJ arm to set 2% inflation rate
      565 14 He will amend law if central bank refuses, and pick his own man as governor Reuters [TOKYO] Japan’s next premier, Shinzo Abe, renewed pressure on the Bank of Japan (BOJ) to adopt a 2 per cent inflation target, saying that he
      Reuters  -  565 words
    • Article, Illustration
      Lock icon French economy ‘fragile’, warns IMF
      393 14 0.2% growth forecast for 2012, deficit for next year 3.5% or more AFP [WASHINGTON] France’s growth outlook “remains fragile”, says the IMF, which warns that the country would probably miss its target of reducing its public deficit to 3 per cent next year. “Growth remains
      AFP; PHOTO: AP  -  393 words
    • Article
      Lock icon Argentina GDP improves in Q3 but still weak
      552 14 Reuters [BUENOS AIRES] Argentina’s economy rebounded slightly in the third quarter after showing zero growth in the previous period, but the weak data will further dishearten creditors holding the country’s growthlinked GDP warrants. Third-quarter gross domestic product grew 0.7 per cent from
      Reuters  -  552 words
    • Article, Illustration
      Lock icon Radical image precedes incoming BOE head
      733 14 Speech on nominal GDP-level targeting stirs controversy Reuters [OTTAWA] Musings on unorthodox monetary policies are giving incoming Bank of England (BOE) governor Mark Carney a “radical” image before he even sets foot in his future home, but his record as head of Canada’s central
      Reuters; PHOTO: REUTERS  -  733 words
  • Page 14 Advertisements
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      240 15 SPHis more just a newspaper than company We go beyond the power of print to meet evolving needs. Through digital platforms, radio, outdoor media, exhibitions, shopping malls and community activities, we engage minds and enrich lives. DIGITALThe AsiaOne network, STJobs, STProperty, STClassifieds, STCars, STOMP, ST Razor TV, omy.sg, shareinvestor.com, HardwareZone.com,
      240 words
Page thumbnail Page 16
  • WORLD
    • Article, Illustration
      Lock icon When putting off everything and resolving nothing is the best option
      1066 16 The ‘fiscal cliff’ fix is likely to be a temporary stop-gap measure which is how Congress showdowns end ANALYSIS Reuters [WASHINGTON] The “fiscal cliff” deadline is days away, and the US Congress and President Barack Obama have left town
      Reuters; PHOTO: AP  -  1,066 words
    • Article, Illustration
      Lock icon Unknown cost of rising Libor lawsuits
      864 16 Regulators mindful of economic impact from scale of payout Reuters [LONDON] While banks appear to be brushing off record fines for rigging interbank interest rates, investors are starting to worry about a rising tide of civil lawsuits from disgruntled customers. UBS shares touched 18
      Reuters; PHOTO: BLOOMBERG  -  864 words
    • Article
      Lock icon Athens to use HSBC list to crack down on tax evaders
      215 16 2,000 Swiss bank account holders to be investigated AFP [ATHENS] Greek prosecutors will investigate some 2,000 holders of HSBC bank accounts in Switzerland for suspected tax evasion, state broadcaster Net said last Saturday. The finance ministry said last Friday
      AFP  -  215 words
    • Article
      Lock icon Cloning may be key to perfect Christmas trees
      144 16 AP [BERLIN] The hunt for the perfect Christmas tree may soon become a lot easier: just pick a nice clone. That’s what German scientists are now working on: They are searching for a way to ensure that the sensitive saplings of the
      AP  -  144 words
    • Article
      Lock icon Japanese firms shuffle Asia investing focus
      634 17  -  Survey shows they are shifting away from China, S’pore, Thailand, Malaysia By ANTHONY ROWLEY in Tokyo JAPANESE firms are losing their enthusiasm for business investments in some parts of Asia, especially China. Thailand, Malaysia and Singapore have also been affected as investors turn their
      634 words
    • Article
      Lock icon Pacts in MF Global liquidation could free up cash for customers
      293 17 AP [NEW YORK] Settlements between parties with completing claims in the liquidation of MF Global could speed up payment to customers of the collapsed brokerage, with one agreement potentially freeing up as much as US$600 million for US customers.
      AP  -  293 words
    • Article, Illustration
      Lock icon SANTA AND RUDOLPH HANGING OUT
      70 17 NOT quite Tom Cruise (IMF agent Ethan Hunt) famously scaling the world’s tallest hotel in Dubai for ‘Mission: Impossible Ghost Protocol’. Just workers in Santa Claus and reindeer costumes proudly posing last Friday as they cleaned windowpanes of a 31-metre-high shopping mall on the waterfront
      PHOTO: AFP  -  70 words
    • Article
      Lock icon Monti says he’s ready to lead Italy again
      742 17 Outgoing premier is willing to lead the pro-reform coalition AFP [ROME] Italian Prime Minister Mario Monti said yesterday that he was ready to govern the country again as head of a pro-reform coalition in favour of change in Italy and Europe but
      AFP  -  742 words
    • Article
      Lock icon Mutual funds investors feel Apple’s slide
      543 17 Apple makes up 10% or more of assets in 117 funds that own its shares Reuters [NEW YORK] The nearly 28 per cent decline in shares of Apple Inc since mid-September is not just painful to individual shareholders. It is also being felt by
      Reuters  -  543 words
    • Article
      Lock icon More joining in race to be next WTO chief
      741 18 NZ, Mexico, Jordan and Kenya add names with 10 days left for nominations Reuters [WELLINGTON] The field of candidates to succeed Pascal Lamy as head of the World Trade Organization burst open last Friday, as New Zealand, Mexico, Jordan and Kenya
      Reuters  -  741 words
    • Article, Illustration
      Lock icon In ICE-NYSE deal, one chief steps back, the other rises
      918 18 NYSE Euronext CEO Niederauer will have to play second fiddle Reuters [NEW YORK] Duncan Niederauer, the chief executive of New York Stock Exchange operator NYSE Euronext, once boldly proclaimed that his company could not be acquired. Last year, even when
      Reuters; PHOTO: AP  -  918 words
    • Article, Illustration
      Lock icon Planned News Corp spin-off lost US$2b
      482 18 AP [LOS ANGELES] Rupert Murdoch’s News Corp says the news and publishing unit it plans to spin off next year posted a US$2 billion net loss in the fiscal year through June, mainly due to one-time charges and restructuring costs in its newspaper division.
      AP; PHOTO: AFP  -  482 words
    • Article
      Lock icon Mid-cap MDAX index reaches record high
      542 18 Rise reflects huge investor interest in Germany’s SMEs AFP [FRANKFURT] As 2012 draws to a close, the Frankfurt stock exchange’s midcap MDAX index has been hitting record highs, reflecting the huge investor interest in Germany’s smalland medium-sized enterprises (SMEs). For the first time since
      AFP  -  542 words
    • Article
      Lock icon German savings banks want closer insurer ties
      475 18 Reuters [FRANKFURT] Germany’s savings banks are pushing for tighter cooperation among the public sector insurers they largely own, following an overture by Allianz to buy into the sector, two people familiar with savings bank thinking say. The sources said last Friday that Georg
      Reuters  -  475 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      64 17 YOUR MUST-HAVE PRESCHOOLGUIDE! How to choose the best preschool for your child Expert answers to all your preschool problems, from separation anxiety to learning woes Search for childcare and kindergartens by district we’ve got the complete listings! GET YOUR COPY NOW! Print edition $6 at major bookstores Digital edition $2.44*
      64 words
Page thumbnail Page 18
Page thumbnail Page 19
  • AVIATION/SHIPPING
    • Article
      Lock icon US Pacific Northwest ports headed for labour clash
      690 19 Coast Guard sets up buffer zones to protect navigation round two ports Reuters [PORTLAND, Oregon] Nearly 3,000 union dock workers at four Pacific Northwest ports voted last Friday on a “final” contract offer presented by grain shipping companies, setting the stage for
      Reuters  -  690 words
    • Article, Illustration
      Lock icon Statoil to go ahead with US$7b North Sea project
      565 19 Move set to provide much needed tax income for UK govt Reuters [OSLO] Norway’s Statoil has decided to go ahead with a US$7 billion project to develop the North Sea Mariner oil field discovered 31 years ago, it said on Friday,
      Reuters; PHOTO: REUTERS  -  565 words
    • Article
      Lock icon Sydney Harbour floating heliport plan on hold
      320 19 AFP [SYDNEY] A plan for wealthy executives and tourists landing in Sydney to flit directly to the city’s famous harbour via a floating heliport has been put on hold after fierce public opposition. The company that was set up to run the operation,
      AFP  -  320 words
    • Article
      Lock icon BP’s US$7.8b oil spill settlement approved
      403 19 AFP [WASHINGTON] British oil giant BP has won approval from a US federal judge of a US$7.8 billion settlement with people and businesses who lost money and property due to the 2010 oil spill in the Gulf of Mexico. Although the deal on Friday
      AFP  -  403 words
    • Article
      Lock icon TRANSPORT STOCKS
      247 19 SGX '000 Dec 21 S$ +/-Vol CH Offshore 0.45 unch 94 Chuan Hup Hldg 0.26 unch 134 Cosco Corp 0.88 -0.01 3420 s$ First Ship Lea 0.13 unch 274 Freight Links 0.07 unch 1545 Grand Banks 0.31 0.01 5 Jaya Hold Ltd 0.61 0.03 7977 K1Ventures 0.13 unch
      247 words
    • Article
      Lock icon The Business Times Shipping Times
      3451 24 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
      3,451 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      113 19 ASIA–WESTAFRICATRADEAGREEMENT(AWATA) NoticeforGeneralRateIncrease(GRI) In order to ensure that the Members Lines are able to continue to provide the necessary service to meet the needs of their customers, the Members Lines of the Asia West Africa Trade Agreement (AWATA) have decided to implement the following general rate increase on the Far East
      113 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 2
      19 19 CambridgeIndustrial Trust Cambridge Industrial®! Trust acquires new j projects aggressively Kf I® S h i acquires new projects aggressively
      19 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      360 19 CRYPTIC CROSSWORD Across 1 The lowest point of seabed by Gibraltar (4,6) 6 put forward as low point, ultimately (4) 10 Rejects, with no new projections (5) 11 Standard finance should cover exercise book (9) 12 A section of pack ice (8) 13 Gave out late shifts by date (5)
      360 words
Page thumbnail Page 20
  • DINING OUT
    • Article, Illustration
      Lock icon European fare with a S’pore accent
      897 20  -  NEW RESTAURANT By Cheah Ui-Hoon Masons 8 Lock Road #01-17 Gillman Barracks Tel: 6694-2216 Operating hours: All-day-dining menu at the al fresco section from 12noon till 10pm daily; semi-fine-dining in the main restaurant from 12noon-2.30pm and 6pm-9.30pm MASONS is a restaurant with a nod
      897 words
    • Article, Illustration
      Lock icon Peranakan cooking with a mod spin
      1027 20  -  NEW RESTAURANT Indocafe The White House 35/35A Scotts Road Tel: 6733-2656 Open for lunch and dinner daily www.thehouseofindocafe.com By Jaime Ee JUST as they say you can’t judge a book by its cover, you can’t judge a restaurant by its name. With a name
      1,027 words
  • Page 20 Advertisements
Page thumbnail Page 21
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3336 21 Week ended: Dec 21 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol ('000) 149.5 93 AIMSAMPIReit 147 +0.5 2069 147 145 146 147 5.7 14.1 659.3 High Low Buyer
      3,336 words
    • Article
      Lock icon SGX CATALIST
      295 22 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last 4.6 1.3 t Advanced System 1.5 -0.1 3032 1.6 1.5 1.5 1.6 22.3 Week Last Quote Div Gr Yld Net M Cap High
      295 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      119 22 Stock name Close Change CapMallsAsia 1.925 -0.035 CapitaLand 3.660 -0.050 CapitaMall 2.120 +0.010 CityDev 12.880 -0.060 ComfortDelGro 1.745 -0.030 DBS Grp 14.900 -0.090 F&N 9.700 +0.070 GLP 2.750 -0.010 Genting SP 1.355 -0.015 Golden Agri 0.635 -0.010 Stock name Close Change HK Land 7.010 -0.140 IHH
      119 words
    • Article
      Lock icon STOCKS ASIA
      2147 22 Transaction date: Dec 21 HONG KONG Vol HK$ +/-'000 Aeon Credit 7.85 0.25 100 Aeon Stores 20.80 0.75 45 Angang Steel 5.52 -0.07 8344 Anhui Conch 27.85 -0.40 ***** Anhuiexpresswa 4.41 -0.03 1180 Asia Satellite 24.75 -0.25 7 Asm Pacific 90.80 -2.40 962 Bank Of E Asia 29.40
      2,147 words
    • Article
      Lock icon GLOBALQUOTE
      257 22 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 41.5 26.5 Genting HK US$ US33.5 -0.5 ***** 34 32.5 33 33.5 2205.8 10.5 6.9 OGL Resources A$ A6.9 3.9 6.9 1 237 180 TanChongInt HK234
      257 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 22 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 7 1 0 0 0 10 7 1 Manufacturing 69 99 29 14 15 3 83 114 32 Commerce 35 32 12 8 10 2 43 42 14 Tpt/Stor/Comms 24 16 5
      186 words
    • Article
      Lock icon SGX ETF
      1018 22 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 114.4 ABF SG Bond ETF 118.3 -1.7 43 120 118.1 118.5 120 540 133.8 120.4 CIMB APAC Div 100S$D 133.8 +8.8 33 133.8 128.7 132.8
      1,018 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 22 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 111,583 111,583 336,857 336,857 Manufacturing 1,525,209 528,681 2,053,890 997,021 6,818 1,003,839 Commerce 2,510,337 194,830 2,705,167 904,013 8,896 912,909 Tpt/Stor/Comms 499,173 85,308 584,481 790,670 26,184 816,854 Finance 172,465 1,570 174,035 569,297 650 569,947 Construction 489,789 1,218,043
      123 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      26 22 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
      26 words
Page thumbnail Page 23
  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      617 23 Dec 21 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.58 *****.06 9924.42 Mar13 *****.00 *****.00 9915.00 9965.00 *****9 *****4 Jun13 9885.00 9 1752 MSCI TAIWAN INDEX FUTURES SPOT 272.71 273.76 269.32 Dec12 271.60 273.20 268.50 269.70 *****3 *****2 Jan13 271.00 272.70 268.30 271.70
      617 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 23 In local curr In S$ In US$ dy yr dy yr dy yr Dec 21 Index Change Change Change Change Change Change World Preliminary 936.1 -0.9 12.8 -0.9 6.5 -1.0 13.2 EAFE Preliminary 772.3 -0.4 13.2 -0.5 7.1 -0.7 13.7 Europe Preliminary 1154.3 -0.3 12.5
      373 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      95 23 As on 21 December 2012 www.smx.com.sg PRODUCT PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT FEB2013 1659.90 1636.40 1660.00 INDIA GOLD (E-GOLD) FUT FEB2013 556.30 550.65 559.85 CURRENCY EUR-USD FUT MAR2013 1.3241 1.3193 1.3179 BASE METAL COPPER FUT MAR2013 7853 7827 7863 INDEX IRON ORE (MBIO)
      95 words
    • Article
      Lock icon CHICAGO BOT
      107 23 Dec 21 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 13 1430.75 1408.75 1438.75 1408.50 Mar 13 1429.25 1404.75 1434.75 1404.50 May 13 1418.75 1394.75 1424.75 1395.00 Jul 13 1413.25 1390.50 1419.00 1390.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jan 13 48.71
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 23 CRUDE OIL PRODUCTS Dec 20 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.94 -0.01 WTI (Near Mth) 89.62 0.20 Dubai (1-Mth F) 105.77 0.22 Tapis blend 116.18 0.13 Minas 109.46 0.13 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.33 0.72 Jet Kerosene 126.19 1.15 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 23 Dec 21 S$ Bid Offer 1-month 1.2205 1.2210 2-months 1.2205 1.2210 3-months 1.2205 1.2210 6-months 1.2203 1.2210 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      64 23 Dec 21 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2048.25 2026.00 3 months 2083.00 2061.00 Copper, Grade A(US$/tonne) Cash 7807.50 7743.00 3 months 7831.00 7770.00 Lead(US$/tonne) Cash 2287.00 2304.50 3 months 2306.00 2325.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.00
      64 words
    • Article
      Lock icon LIFFE
      79 23 Dec 21 COCOA (£/tonne) Close Prev High/Low Mar 13 1469 1471 1489/1456 May 13 1477 1480 1496/1465 Jul 13 1487 1489 1505/1474 Sep 13 1494 1496 1510/1480 COFFEE(US$/tonne) Close Prev High/Low Jan 13 1933 1918 1937/1899 Mar 13 1894 1887 1900/1871 May 13 1903 1896 1909/1880 Jul 13 1912
      79 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1035 23 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 65 37.00 7 Price BiosensoMBeCW*****3 4.3 -0.4 120 0.4 140 6 Biosensors
      1,035 words
    • Article
      Lock icon INTERBANK CROSS RATES
      470 23 Dec 21 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.034 6.504 0.791 8.093 57.596 101.162 0.877 11.221 3.198 1.261 101.914 42.882 1.275 8.904 0.955 30.338 31.975 0.643 1.044 Canada 0.967 6.289
      470 words
    • Article
      Lock icon SIBOR
      60 23 Dec 21 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths SWAP Mid rates (S$) 0.***** SWAP Mid rates
      60 words
    • Article
      Lock icon PRECIOUS METALS
      134 23 Dec 21 GOLD(US$/oz) Dec 21 Dec 20 Hong Kong 1649.50 1676.60 Dec 21 Dec 20 London 1656.00 1643.20 1657.00 1644.20 Source: Thomson Reuters CAST BAR Dec 21 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 145 65 5gm 412 323 10gm 735 645
      134 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      93 23 Dec 21 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 21-Mar-13 0.23 6-Month BS*****X 13-Jun-13 0.26 1-Year BY*****X 01-Nov-13 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14 101.92 101.98 101.95 5-Year N*****0Z 2.375
      93 words
    • Article
      Lock icon PALM OIL
      57 23 Dec 21 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 13 2202.0 2201.0 2284.0 2200.0 536 6083 Feb 13 2271.0 2265.0 2354.0 2271.0 5274 ***** Mar 13 2326.0 2321.0 2410.0 2326.0 ***** ***** Apr 13 2380.0 2377.0
      57 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 23 Dec 21 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2741 1.2752 1.0440 1.0445 Canadian dollar 1.2320 1.2330 1.0099 1.0095 Euro 1.6102 1.6111 1.3194 1.3196 NZ dollar 1.0109 1.0114 0.8283 0.8284 Sterling pound 1.9824 1.9838 1.6244 1.6249
      154 words
    • Article
      Lock icon INTERBANK RATES
      154 23 Dec 21 $S Offer Bid 0vernight 0.02 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.30 0.20 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
      154 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 23 As at 9am Dec 21 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.307 1.245 Can dollar 1.262 1.202 Euro 1.652 1.574 Sterling pound 2.021 1.944 NZ dollar 1.050 0.991 US dollar 1.242 1.183 Local dollars to 100 units of foreign
      121 words
Page thumbnail Page 24
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      122 25 TO ADVERTISE IN The Business Times 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 WO IMG AT 9620 1327 Shipping Times Announce Your Corporate Developmen Come publicise your
      122 words
Page thumbnail Page 26
  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • Article, Illustration
      Lock icon Analytics, mobile top Asian concerns
      1052 26  -  Huge market as enterprises in this region seek help in extracting value from all the noise being generated, writes VICTORIA HO writes VICTORIA HO THIS year’s buzzword big data had a profound effect on Asia’s enterprise IT spending choices, industry watchers say. Ian Bertram, Gartner’s
      PHOTO: GARTNER  -  1,052 words
    • Article, Illustration
      Lock icon HTC plans Windows tablets to rival iPad: sources
      579 26 Bloomberg [SAN FRANCISCO] HTC Corp plans to make tablets based on the Windows operating system, giving Microsoft Corp another ally in its challenge to Apple Inc and Google Inc in the US$63.2 billion market, people familiar with the matter said. HTC, excluded
      Bloomberg; PHOTO: REUTERS  -  579 words
    • Article
      Lock icon RIM shares drop as new fee structure sends jitters
      787 26 There are doubts if the firm can pull off the transformation Reuters [TORONTO] Shares of BlackBerry maker Research In Motion Ltd plunged more than 20 per cent on Friday on fears that a new fee structure for its high-mar-gin services segment
      Reuters  -  787 words
    • Article
      Lock icon Micron falls most in 6 months on slump in PC demand
      428 26 Bloomberg [SAN FRANCISCO] Micron Technology Inc, the largest US maker of memory chips, fell the most in six months after reporting a wider fiscal first-quarter loss as a slump in demand for personal computers led to a supply glut,
      Bloomberg  -  428 words