The Business Times, 11 January 2013

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Microfilm: NL32353
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Friday, January 11, 2013
    25 words
  • Article
    Lock icon After long slumber, China’s trade engine roars to life
    690 1  -  Exports rose 14.1% and imports 6% in December from a year ago but recovery ahead may not be smooth By in VIRGINIE MANGIN in Beijing AFTER a year of coughing and sputtering, China’s trade engine roared back to life, making a
    690 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,226.25 (+5.84) GST INDEX FUTURES 3,226.00 (+6.00) GSIMSCI 365.77 (+1.71) GSIMSCI FUTURES 365.20 (+0.80) US$ S$ US$ (S$ per US$) 1.226 (US$/S$ per 1.602 1.964 EURO (US$/S$/€) 1.307 1.602 Foreign currency per US$ S$ YEN 88.30 72.00 RM 3.030 2.472 HK$ 7.752 6.325 BAHT 30.38 24.78 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Thursday Change KL COMP 1,684.57 -5.36 NIKKEI 225 10,652.64 +74.07 HANG SENG 23,354.31 +135.84 SET INDEX 1,405.99 -17.47 JAKARTA COMP 4,317.37 -45.56 MANILA COMP 6,018.57 -72.61 SEOUL COMP 2,006.80 +14.99 SHENZHEN B 746.51 +4.71 MUMBAI IND 19,663.55 -3.04 11am EST Change DOW 13,390.09 -0.42 NASDAQ 3,104.94 -0.87
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    • Article
      Lock icon PRIME RATES
      19 1 SINGAPORE 5.38 HONG KONG 6.55 HONGKONG 5.00 INDONESIA 14.336 BRITAIN 5.036 JAPAN 1.475 KOREA 9.33 Source: Bloomberg
      19 words
  • Article
    Lock icon Admin fees for work passes to weigh heavier
    935 1  -  Govt says it’s to cover costs but employers call increase ill-timed, say it will worsen burden By FELDA CHAY [SINGAPORE] Employers applying for and renewing work passes will have to pay higher administrative fees from April onwards a move that the government
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      108 1 BY-ELECTION PAP picks ‘son of Punggol’ Koh Poh Koon PAGE 4 WINE The passion for 5-star vintages PAGE 32 F&N Charoen extends F&N offer as time game continues PAGE 5 SHIPPING S’pore port hits record 31.6m TEUs PAGE 2 8 *****1 *****4 fY U VM Q/j\ 12 io o OMEGA
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      45 1 Who are we, really? Two mini arts festivals traverse borders and minds in search of common truths about who we are EXECUTIVE LIFESTYLE IPAGE 36 BT's CATS property feature is now available to BTO subscribers. To subscribe to BT Property Classifieds, email cats8@sph.com.sg PAGES 22-25
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  • TOP STORIES
    • Article, Illustration
      Lock icon S’pore port hits record 31.6m TEUs last year
      675 2  -  Despite 5.7% rise, it trails Shanghai as world’s busiest container port By LYNN KAN [SINGAPORE] For the first time in its history, the Port of Singapore’s gantry cranes moved more than 30 million twenty-foot container boxes last year. Despite being its busiest
      Source: MPA and news reports  -  675 words
    • Article, Illustration
      Lock icon No change in annual vehicle growth rate
      550 2  -  But impact of CEVS rebate on COE premiums will be studied By SAMUEL EE [SINGAPORE] The government will continue with a reduced annual vehicle growth rate even as COE premiums skyrocket, but it will also look at the impact of the CEVS rebate
      550 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      662 2 After long slumber, China’s trade engine roars to life AFTER a year of coughing and sputtering, China’s trade engine roared back to life. Exports soared 14.1 per cent in December from a year earlier the most in seven months and well above 2.9 per cent growth in November.
      662 words
    • Article
      Lock icon NEL breaks down as quest for reliability continues
      476 2  -  Power trip disrupts service, affecting 58,000 commuters By SAMUEL EE [SINGAPORE] The North-east MRT Line (NEL) broke down yesterday morning, even as Transport Minister Lui Tuck Yew announced measures to improve the reliability of the rail network during a tour of SMRT
      476 words
    • Article
      Lock icon S’pore sees hot bond action over ICICI issue
      850 4  -  Orders for the $225 million seven-year debt hit $13 billion By SIOW LI SEN [SINGAPORE] Asia’s bond market is off to a sizzling start, less than two weeks into the New Year, and Singapore is in the thick of the action. On
      850 words
    • Article, Illustration
      Lock icon From kampung boy to aspiring politician
      674 4  -  PAP picks ‘son of Punggol’ Koh Poh Koon to run in by-election Reports by LEE U-WEN [SINGAPORE] He grew up on a Punggol farm, playing among pigsties and chicken coops. The eldest of five children, Koh Poh Koon had a tough childhood and often
      PHOTO: KEVIN LIM/THE STRAITS TIMES  -  674 words
    • Article
      Lock icon Candidate-spotting begins in earnest
      446 4 Some familiar faces pick up nomination forms, but opposition parties tightlipped [SINGAPORE] The Elections Department on Prinsep Street was a hive of activity yesterday, a day after it was confirmed that a by-election would be held in Punggol East constituency. Scores of reporters and cameramen, camped
      446 words
    • Article
      Lock icon Court allows Novartis to amend Diovan patent
      661 4  -  By GRACE LEONG [SINGAPORE] Novartis AG has won court approval to amend a Singapore patent for its top-selling blood pressure drug, Diovan, bringing it a step closer to fending off moves by a Malaysian unit of Indian drugmaker Ranbaxy to invalidate the patent.
      661 words
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      180 2 Development Land in Iskandar Malaysia, in between Nusajaya and Setia Eco Garden, 5 mins from Legoland and Second link, 13 acre flat land, free hold, commercial, facing main road, Kwek +6016-*****35 +6017-*****20. office Design by bartoli design Italy Empowering Change For the Mercury office chair system we thought we had
      180 words
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      441 3 swLAKE FROM LANDED LIVING FROM SGD$ V**. V l& --'>. T/?J- k fad J&,.> r 7 >j\V V v s A A Vl.v u A a a </ v v ,>■ ft i iT, I .'Pit V- OWN IT. Your dream choices of Semi-Detached or Superlink Houses with low cash
      441 words
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      89 4 THE TASTE OF ROYALTY IMPERIAL SOUPS FROM JIN SHAN $250 Per Person Minimum 4 Persons yi LONGEVITY BLACK CHICKEN SOUP $180 Per Person Minimum 4 Persons m S' REVITALIZING MUTTON HERBAL SOUP mu 9 W X r*' YIN YANG GINSENG CHICKEN SOUP TREASURED ABALONE CORDYCEPS SOUP NOURISHING BIRD’S NEST CORDYCEPS
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  • COMPANY NEWS
    • Article
      Lock icon ST Aerospace wins $450m of deals in Q4
      302 5  -  By JASMINE NG SINGAPORE Technologies Engineering’s aerospace arm wrapped up the fourth quarter of last year with new contracts worth about $450 million. The new contracts for airframe, component and engine maintenance, as well as engineering and development are to be carried
      302 words
    • Article
      Lock icon Temasek pares stake in Shin Corp
      509 5 330m shares sold for 20.9b baht; stake now cut to 13.3% from 23.6% Bloomberg [SINGAPORE] Temasek Holdings and its partners sold 20.9 billion baht (S$845.7 million) of Shin Corp shares, paring its stake in the company that controls the biggest Thai mobile phone operator.
      Bloomberg  -  509 words
    • Article
      Lock icon Charoen extends F&N offer as time game continues
      605 5  -  Thai tycoon’s $8.88 per share offer is stretched by another five days By KENNETH LIM TURNS out the only other thing Charoen Sirivadhanabhakdi likes to buy more than shares of Fraser and Neave (F&N) is time to buy more shares of F&N.
      605 words
    • Article
      Lock icon Bursa Malaysia wants bite of business trust pie
      754 7  -  Bourse operator issues guidelines for listing of such structures By KENNETH LIM BURSA Malaysia is challenging the Singapore Exchange’s (SGX) virtual monopoly of the business trust pie with new guidelines that would allow the listing of such structures. “The relative efficiency of
      754 words
    • Article
      Lock icon Time to fall in love with Asian stocks?
      669 7  -  Shares in Asia ex-Japan seen outperforming this year By CAI HAOXIANG DBS Private Bank chief investment officer Lim Say Boon made the latest pitch for Asia ex-Japan equities yesterday, arguing that stocks in this region will outperform this year because the market
      669 words
    • Article
      Lock icon Interra gets boost through Saratoga link
      473 8  -  Company also moves from Catalist board to mainboard By ANDREA SOH OIL and gas producer Interra Resources, which moved from the Catalist to the mainboard yesterday, plans to increase production by extracting more from its current oilfields as well as exploring new assets. The
      473 words
    • Article
      Lock icon Analysts see good times continuing for O&G firms
      528 8  -  By LYNN KAN OIL and gas (O&G) companies will continue to seal in a healthy amount of work in 2013 as new oil and gas field discoveries made by international and national drillers keep up demand for modern drilling infrastructure and support
      528 words
    • Article, Illustration
      Lock icon ‘Buy’ calls send Midas shares to 15-month high
      406 8  -  Analysts upbeat as China is expected to boost railway investments By LEE MEIXIAN SHARES of Midas Holdings hit a 15-month high yesterday after two analyst reports called a ‘buy’ on the stock and raised their target prices on expectations that higher railway
      Source: Bloomberg  -  406 words
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      138 words
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      327 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Market leaves blue chips in the lurch
      624 6  -  ST Index up just 5.84 points as smaller stocks continue to be focus of rotational play STOCKS VEN SREENIVASAN Senior Correspondent Market activity here was largely focused on situational secondliners and penny stocks, leaving the blue chips and large caps largely untouched. As
      Source: Bloomberg  -  624 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 6 Jan 10 VALUE CLOSE BT OB/OS 1143.00 -157.00 BT CADI -*****.00 +37.00 BT 10-day MA -*****.00 +115.00 FTSE ST Mid Cap 803.36 +8.95 FTSE ST Small Cap 549.16 +2.42 FTSE ST All Share 794.78 +2.86 FTSE ST China Top 227.14 +3.80 FTSE ST China 254.17 +3.18 FTSE
      73 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 6 5 0 0 0 5 6 5 Manufacturing 68 61 35 9 7 9 77 68 44 Commerce 28 32 16 5 4 3 33 36 19 Tpt/Stor/Comms 22 12 10
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 31,611 31,611 74,493 74,493 Manufacturing 836,243 122,528 958,771 326,750 2,382 329,131 Commerce 542,092 30,715 572,807 169,426 1,789 171,215 Tpt/Stor/Comms 239,390 22,637 262,027 347,679 6,470 354,149 Finance 81,584 549 82,133 220,348 229 220,578 Construction 568,621 264,108
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      844 6  -  Compiled by JOYCE HOOI United Envirotech Jan 10 close: $0.545 DBS GROUP RESEARCH, Jan 10 UNITED Envirotech (UENV) has entered into a conditional placement of 100 million new shares to private equity group KKR at S$0.50 apiece. This represents 17 per cent of its enlarged share capital prior
      Source: Bloomberg  -  844 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      108 6 Stock name Close Change CapMallsAsia 2.160 CapitaLand 3.940 +0.080 CapitaMall 2.160 +0.030 CityDev 12.640 -0.050 ComfortDelGro 1.880 +0.025 DBS Grp 14.830 +0.130 F&N 9.690 -0.010 GLP 2.740 -0.010 Genting SP 1.475 Golden Agri 0.660 HK Land 7.390 +0.080 IHH Healthcare 1.400 +0.020 JMH 62.190 -1.080 JSH
      108 words
    • Article, Illustration
      Lock icon Euro rises versus dollar, yen as ECB holds rates
      623 6 CURRENCIES Reuters [LONDON] The euro rose against the dollar and the yen yesterday after the European Central Bank left interest rates on hold and following strong demand at an auction of Spanish debt. Traders said that the euro gained as some
      Reuters; PHOTO: REUTERS  -  623 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      53 6 VOLUME IPCO Intl 433,365,000 YHM 263,734,000 MDR 260,586,000 Xpress 183,141,000 SingXpress 130,088,000 TT Intl 124,563,000 GMG Global 111,561,000 MDR W*****5 103,261,000 ChinaNTown 84,025,000 Armarda 81,384,000 VALUE($) SingTel 144,755,880 DBS Grp 123,681,751 CapitaLand 81,074,280 NOL 59,843,840 Yangzijiang 56,762,360 UOB 46,409,094 CapitaMall 40,114,180 Wilmar 38,805,680 Genting SP 37,202,465 Noble
      53 words
    • Article
      Lock icon RISES
      109 6 BY CENTS CLOSE UP CMProp 2300 47.4 15.0 DBXT FTVietnam 10US$ 2572 42.9 1.4 YHS 328 39.0 13.5 Lyxor LatinAmerica 1 795 18.4 1.9 DBS.ES.1301 1483 17.0 1.2 Hyflux 6% CPS 10 ***** 17.0 0.2 Khong Guan 211 17.0 8.8 CIMBAsean40 100US$ 1111 15.9 1.2 IS LC 1-3Y 100US$
      109 words
    • Article
      Lock icon FALLS
      117 6 BY CENTS CLOSE DOWN JMH 6219 -132.4 -1.7 Jardine C&C 4868 -81.0 -1.6 JSH 3590 -73.5 -1.6 GLD 10US$ ***** -56.4 -0.3 DBXT MSINDO 10us$ 1500 -22.1 -1.2 UOB 1937 -17.0 -0.9 Creative Tech 303 -8.0 -2.6 DBXT CSI300 10US$ 820 -6.1 -0.6 OCBC Bk 971 -6.0 -0.6 CityDev
      117 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
      5 words
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      142 7 V X, 44 S2V H a m m m ■fc 1 E -.11, if. j*-. 5 4 i;i> t ■.f ••*>' pt a r 4ik Li,. v Co0 2 H. Y CoO, Li,C 6 o Li,. x Co0 2 Li*C 6 C r LiCoO, Advanced light weight plastics, Another way
      142 words
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      163 8 FOR SALE SENTOSA COVE 8000 sqft. Full seaview Bay view. Design by renowned Interior Designer MARINA BAY ***** sqft. One only! Full seaview Bay view. Best of the world #60 up SENTOSA VICINITY ***** sqft. Best of best, fantastic layout. Full seaview, 270° unblocked. Facing golf club, Sentosa Island ORCHARD
      163 words
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  • SINGAPORE NEWS
    • Article
      Lock icon What PwC would like to see in Budget 2013
      588 9  -  It suggests changes to PIC to help SMEs, income tax rebate, restricting CPF use By TEH SHI NING THREE years and several tweaks after the Productivity and Innovation Credit (PIC) was first rolled out in 2010, calls to make it simpler
      588 words
    • Article, Illustration
      Lock icon Cheers begins franchising stores to grow brand
      519 9  -  By ONG CHOR HAO NTUC FairPrice-owned convenience store chain Cheers has taken to franchising to accelerate the growth of its network of outlets here. NTUC FairPrice (Singapore) chief executive Seah Kian Peng said that letting franchisees take over the operations of outlets would
      519 words
    • Article, Illustration
      Lock icon Citi, NUS launch transaction banking course
      297 9  -  By TEO SI JIA CITIBANKERS will, for the first time, join NUS Business School faculty members to teach transaction banking to 50 of the school’s undergraduates from next Monday. Citi Singapore and the National University of Singapore’s Business School have jointly launched a transaction
      297 words
    • Article, Illustration
      Lock icon Kino Biotech to get slice of Myanmar pie
      434 9  -  By NISHA RAMCHANDANI KINO Biotech is venturing into Myanmar as it seeks to garner a slice of the health and beauty market in an emerging economy that is increasingly attracting the attention of companies worldwide. The Singapore-based firm has appointed the Medi
      FILE PHOTO  -  434 words
    • Article
      Lock icon S’pore accountants get 5-year itch: poll
      493 9  -  By SIOW LI SEN ACCOUNTANTS here get itchy feet after about five years on the job, unlike their global counterparts who job-hop almost from the get-go. But once the wanderlust strikes, there is no stopping them: only 5 per cent are still with the
      493 words
    • Article
      Lock icon More firms to hire workers in first half of 2013: poll
      480 9  -  By CHUANG PECK MING EXPECT the labour market to tighten further in the next six months as more companies plan to hire even when tighter foreign worker policies continue to put a squeeze on the manpower crunch. A recent
      480 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon M’sia 2012 growth revised up at 5.5%
      448 10  -  Barclays Capital’s upward revision based on Nov’s unexpectedly-strong 7.5% rise in industrial production By S JAYASANKARAN in Kuala Lumpur A BANKING research house has raised its estimate of Malaysia’s economic growth for 2012 to 5.5 per cent, up from 5.2 per cent previously.
      PHOTO: REUTERS  -  448 words
    • Article
      Lock icon Polls uncertainty expected to slow M’sian property sector
      428 10  -  By PAULINE NG in Kuala Lumpur SKITTISHNESS over Malaysia’s 13th national polls is likely to dampen interest in the property sector and stock fundamentals in Q1, but property prices and developers’ earnings are not likely to be significantly affected by the election
      428 words
    • Article
      Lock icon DRB-Hicom hits 10-mth high on buyout reports
      232 10 Bloomberg [KUALA LUMPUR] DRBHicom Bhd, a Malaysian carmaker, rose to a 10month high in Kuala Lumpur trading after news reports said its biggest shareholder Syed Mokhtar Al-Bukhary may buy out the company and list its distribution arm. The stock surged as much as
      Bloomberg  -  232 words
    • Article, Illustration
      Lock icon Indonesia to add photo warnings to cigarette packs
      445 10 AP [JAKARTA] Indonesia has issued regulations that will require cigarette packets to bear graphic photographic warnings, a long-delayed measure in a country with one of the highest rates of smoking in the world. The regulations were watered down following opposition by tobacco
      AP; PHOTO: AP  -  445 words
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      2335 10 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices BRC Asia Limited (Incorporated in the Republic of Singapore) (Company Registration No. *****0054G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of BRC Asia Limited (the “Company”) will be held at 5 Sixth Lok Yang Road, Singapore *****3
      2,335 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon MediaTek transforms China’s smartphone market
      635 11 Its ‘turnkey solution’ saves phonemakers R&D costs in coming up with new models NYT [TAIPEI] In the China smartphone market, Apple has seen better days. Despite having reported record sales of the iPhone 5, Apple’s presence on the mainland flagged in 2012. It was pushed
      NYT  -  635 words
    • Article
      Lock icon Tata to revive urea plan with govt guarantee
      374 11 Bloomberg [MUMBAI] Tata Chemicals Ltd, the world’s second-biggest soda ash maker, plans to revive an US$850 million spending proposal to double its urea capacity after the government said it will guarantee returns on investments. The company plans to boost its ability to
      Bloomberg  -  374 words
    • Article
      Lock icon China to influence emerging markets more than US: HSBC
      267 11 Bloomberg [LONDON] China will have a bigger influence than the US or Europe on the economies of developing nations as the world’s biggest exporter increases its contribution to global growth, according to HSBC Holdings Plc. “We are moving away from a
      Bloomberg  -  267 words
    • Article
      Lock icon HK’s Triskele to shut hedge funds after assets shrink
      347 11 Investment losses and investor redemptions cited Bloomberg [HONG KONG] Triskele Capital Management Ltd, with more than US$600 million assets at its peak, decided to close its two hedge funds after investment losses and investor redemptions, said chief investment officer Tsuyoshi Shiba.
      Bloomberg  -  347 words
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      96 11 Geox Respira are trademarks of Geox Spa INNOVATIVE TECHNOLOGY FOR A BETTER WAY OF WALKING IN ANY TYPE OF WEATHER. THE PERFORATED RUBBER SOLES WITH MEMBRANES IN MICROPOROUS MATERIAL ALLOW A NATURAL REGULATION OF BODY TEMPERATURE AND PREVENT WATER FROM ENTERING. TO ALWAYS FEEL AT EASE, AT EVERY TIME, IN
      96 words
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      176 11 Kuala Lumpur's Hottest Freehold Development In Top Financial District 0 Majestic —*SNlfl-GAADEN INTERNATIONAL HOTELS, RESORTS INNS The only KL City Luxury Residence with 21 Guaranteed Rental Returns Fully-furnished, only SGD360K* to own 5 mins drive to Kenanga Wholesale City BEST TIME TO OWN: 5 mins Bukit Bintang Guaranteed Rental Returns
      176 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Work sharing pushes back US layoff tide
      835 12 Workers get shortened work week with benefits for lost wages Bloomberg [WASHINGTON] Some US states are adding a new twist to the old concept of unemployment insurance: Paying to keep Americans in their jobs rather than giving them cash when they lose them.
      Bloomberg; PHOTO: AP  -  835 words
    • Article
      Lock icon US rule tightens lender scrutiny of borrowers
      506 12 Guideline on repayment ability is first of its kind Bloomberg [NEW YORK] The US Consumer Financial Protection Bureau (CFPB) issued a rule that for the first time forces lenders to verify borrowers’ ability to repay mortgages by confirming income and assets. The rule,
      Bloomberg  -  506 words
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      619 12 SEARCHING FOR A PROPERTY NEAR A CHILDCARE CENTRE? Home > Properties Near Child Care Centres For Sale Properties near Childcare Centres For Sale Near Child Care Centres A J CHILD CARE CENTRE For Room Rental ACEKIDZ CREATIVE EDUCARE ACES MONTESSORI KIDZ CHILD CARE PTE LTD ALLCARE CHILD DEVELOPMENT CENTRE AMERICARE
      619 words
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  • WORLD
    • Article
      Lock icon Cameron warned against EU membership renegotiations
      594 13 Business leaders fear damage to the economy if the UK goes out of the EU AP [LONDON] Top business executives have warned UK Prime Minister David Cameron that he could damage Britain’s economy if he seeks to renegotiate the terms of its membership in
      AP  -  594 words
    • Article, Illustration
      Lock icon Japan’s Abe urges 2% inflation in council meeting
      521 13 Bloomberg [TOKYO] The Bank of Japan (BOJ) should aim for 2 per cent inflation, Prime Minister Shinzo Abe said at the first meeting in four years of a panel that brings together government and central bank officials. The government and the BOJ
      Bloomberg; PHOTO: REUTERS  -  521 words
    • Article
      Lock icon SEC claims KPMG auditors failed to scrutinise Nebraska bank
      378 13 Bloomberg [WASHINGTON] Two KPMG LLP auditors are facing US Securities and Exchange Commission (SEC) claims that they failed to scrutinise a Nebraska bank that hid millions of dollars in loan losses from investors during the credit crisis. John J Aesoph, a
      Bloomberg  -  378 words
    • Article, Illustration
      Lock icon UK to maintain formula for retail price index
      542 13 Inflation-linked bonds surge as concerns ease Bloomberg [LONDON] The UK will maintain its formula for calculating the retail price index, easing investor concern about changes to the measure that may have impaired payments on inflation-linked bonds. The securities surged. The RPI has
      Bloomberg; PHOTO: REUTERS  -  542 words
    • Article
      Lock icon Abe to visit S-E Asia to boost economic ties
      354 13 Reuters [TOKYO] Japanese Prime Minister Shinzo Abe’s first overseas trip will see him visit Indonesia, Vietnam and Thailand in January, aiming to bolster ties with the growing Asian economies as relations with Beijing stay tense. Mr Abe had hoped to first
      Reuters  -  354 words
    • Article, Illustration
      Lock icon Bill calls for EU regulator for data protection
      695 14 New agency mooted to give Internet users more control, data portability IHT [BERLIN] As the European Parliament prepares to overhaul the Continent’s data protection laws, one legislator introduced a bill on Wednesday that would create a new agency to enforce a series
      IHT; PHOTO: AFP  -  695 words
    • Article
      Lock icon Eurozone will recover later in 2013: Draghi
      508 16 ECB leaves rates at 0.75%; BOE also keeps key rate at record-low level Reuters AFP [FRANKFURT] The eurozone economy will recover later in 2013 and there are already some signs of stabilisation, the European Central Bank (ECB) said yesterday after it unanimously held
      Reuters; AFP  -  508 words
    • Article, Illustration
      Lock icon FAO sees food prices staying high in 2013
      343 16 Re uters [ROME] Food prices will stay at high levels this year and low stocks pose the risk of sharp price increases if crops fail, the United Nations’ food agency said yesterday, after its index showed prices fell for the third month
      Reuters; PHOTO: BLOOMBERG  -  343 words
    • Article
      Lock icon Wholesale inventories up 0.6% in Nov
      357 16 Clarity on US budget issues may help bolster demand LATEST US DATA Bloomberg [WASHINGTON] Inventories at US wholesalers rose more than forecast in November as companies tried to keep up with a surge in demand. The 0.6 per cent increase in stockpiles followed a
      Bloomberg  -  357 words
    • Article
      Lock icon HK, S’pore lead world in economic freedoms: study
      505 16  -  By ANTHONY ROWLEY in Tokyo HONG KONG and Singapore continue to rank ahead of the rest of the world in terms of the “economic freedoms” they offer, a study published yesterday by the US Heritage Foundation and the Wall Street Journal (WSJ)
      505 words
    • Article
      Lock icon US enforcement chief to leave SEC
      430 16 WP [WASHINGTON] Robert Khuzami, head of the Securities and Exchange Commission’s enforcement division for the past four years, announced yesterday that he plans to leave the agency in two weeks. A former federal prosecutor, Mr Khuzami is largely credited with restoring the reputation of
      WP  -  430 words
    • Article, Illustration
      Lock icon Two rivals clash over firm, with billions in play
      624 17 Hedge fund bosses Ackman and Loeb square off over Herbalife’s worth NYT [NEW YORK] They are two of the richest and most prominent hedge fund managers in Manhattan. About the same age and lanky build, they favour brash, headline-grabbing investments. They
      NYT; PHOTO: REUTERS  -  624 words
    • Article
      Lock icon North Korea urged to open up Internet access
      528 17 Visiting group says citizens benefit with more cellphones AP [PYONGYANG] A private delegation including Google’s Eric Schmidt is urging North Korea to allow more open Internet access and cellphones to benefit its citizens, the mission’s leader said in the country with some
      AP  -  528 words
    • Article
      Lock icon Morgan Stanley to cut 1,600 jobs
      787 18 Staff reductions will affect bank’s securities unit; more Wall St layoffs are expected Reuters [NEW YORK] Morgan Stanley plans to slash 1,600 jobs in what may be just the beginning of a new round of layoffs at large investment banks, this time driven by
      Reuters  -  787 words
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      Lock icon Spain bank workers protest mass layoffs
      399 18 AFP [MADRID] Crisis-hit Spanish bank workers held nationwide protests on Wednesday, lashing out against top executives they blame for tens of thousands of layoffs in the industry. “We are not bankers, we are workers,” yelled an angry crowd of hundreds in front of the
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      Lock icon Aussie firefighters race to beat rising heat
      567 18 AFP [YASS, Australia] Australian firefighters raced to control a series of blazes yesterday before a forecast rise in temperatures brings the risk of more infernos, as dramatic accounts of survival emerged. Fires have been raging across south-east Australia for nearly a week. While
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    • Article
      Lock icon Iran blamed for online attacks on US banks
      412 18 Attackers infect datacentres used to host cloud services AFP [SAN FRANCISCO] US financial institutions are being pounded with high-pow-ered cyber attacks that some suspect are being orchestrated by Iran as payback for political sanctions. “There is no doubt within the US government
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      Lock icon Facing backlash, AIG won't join lawsuit against US
      388 18 AP [NEW YORK] Afraid of looking like a worldclass ingrate, AIG on Wednesday decided against suing the federal government over the US$182 billion bailout that saved the giant insurance company from collapse. American International Group Inc was put in the awkward position
      AP  -  388 words
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      1371 13 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SPIROX CORP SINGAPORE PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****0528N) NOTICE OF MEMBERS’ VOLUNTARY LIQUIDATION Notice is hereby given that the following resolutions were unanimously resolved at the Extraordinary General Meeting of Members of
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      1851 14 v WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices MERMAID MARITIME PUBLIC COMPANY LIMITED (Incorporated in the Kingdom of Thailand) Company Registration No.: **********017 MERMAID MARITIME PUBLIC COMPANY LIMITED (Incorporated in the Kingdom of Thailand) Company Registration No.: **********017 NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS NOTICE OF ANNUAL GENERAL
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      1755 14 PNE INDUSTRIES LTD Company Registration no. *****5792R (Incorporated in the Republic of Singapore) Registered Office: 996 Bendemeer Road, #07-06, Kallang Basin Industrial Estate, Singapore *****4 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the ThirteenthAnnual General Meeting of the Company will be held at Orchid Country Club, 1
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      1216 14 Form 69(3) (Rule 91) NOTICE OF INTENDED DIVIDEND TO CREDITORS Name of company Zentek Investment Pte Ltd (In Creditors’ Voluntary Liquidation) (Company Registration No. *****2991D) Address of registered office 317 Outram Road, #02-47 Singapore *****5 Court High Court of Singapore Last day for receiving proofs 25 January 2013 (if not
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      180 15 v.-giT-5iSv^i‘^'1c.■.^■55SS^'v? >£■• -Z-*''-< K '-^-7 ■St ngw&g& -••■■v i AM AT ~»,i2!. r •Vh: x vT. r>.5£Lfir£- gS&S ;^x v.-. S5SS9»aBfeB@B&g& P rcc V •.>.«f^Vr:i; ,*V f 3 I it host of c activities ourreaders j II( i for being with us, every step of the way: i Fun With
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      533 16 >®! WATS NOTICES Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices TECHNICS OIL GAS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****5249E) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Technics Oil Gas Limited (“Company”) will be held at 72 Loyang Way,
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      203 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GRIFFITH LABORATORIES ASIA PTE LTD (IN MEMBER’S VOLUNTARY LIQUIDATION) (COMPANY REGISTRATION NO. *****0635W) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50, that the Final Meeting of the Company will be
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      402 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF TAI SENG CHAN CO PTE LTD COMPANY REG. NO. *****1578K (IN MEMBERS’ VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Company which was carried out by way of written resolutions passed in accordance with Section
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      3307 17 jwi<33SS>E^ CHEW’S GROUP LIMITED (Company Registration No. *****0806C) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Chew’s Group Limited (the “Company”) will be held at Raffles Country Club (Stamford 1 2), 450 Jalan Ahmad Ibrahim, Singapore *****2
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  • SHIPPING/AVIATION
    • Article
      Lock icon Oil-rig price war looms on China shipyards’ foray
      719 19 New entrants lower prices to win deals, eroding margins at Keppel, SembMarine Bloomberg [HONG KONG] China’s shipbuilders are set to spark a price war in the oil-rig market. With orders for new ships plunging to an eight-year low in 2012, China Rongsheng
      Bloomberg  -  719 words
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      Lock icon TRANSPORT STOCKS
      237 19 SGX '000 Jan 10 S$ +/-Vol CH Offshore 0.51 0.02 2652 Chuan Hup Hldg 0.29 0.01 1519 Cosco Corp 0.99 0.03 ***** Jan 10 Ezra Hldgs 1.33 -0.02 ***** First Ship Lea Vol Freight Links 0.51 Grand Banks............unch unch 0 Jaya Hold Ltd K1Ventures 0.16 unch 7411 Keppel
      237 words
    • Article
      Lock icon Kingfisher plans revival with parent’s funds
      282 19 Bloomberg [NEW DELHI] Kingfisher Airlines Ltd, the Indian carrier that stopped flying in October because of a cash crunch, plans to restart services with funds from parent UB Group, according to an e-mail chairman Vijay Mallya sent to employees. The airline will resume flights
      Bloomberg  -  282 words
    • Article
      Lock icon Alam Maritim reviews corporate structure options
      497 19 [PETALING JAYA] Alam Maritim Resources Bhd is exploring options to streamline its corporate structure. However, this is still in preliminary stages as management evaluates its options. “We have not gone through any corporate restructuring as yet but we have been exploring. If there are
      497 words
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      Lock icon MAG plans to expand customer base
      632 19 It is one of 2 bidders in the running for Stansted airport Bloomberg [LONDON] Manchester Airports Group, in the running to buy London’s Stansted hub, said it will tap relationships with carriers including Emirates and Etihad Airways to expand its customer base following any
      Bloomberg; PHOTO: BLOOMBERG  -  632 words
  • Page 19 Advertisements
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      135 19 To All Valued Customers JESSELTON SHIPPING (2012) PTE. LTD. This serves to advise all our valued customers that with effect from 1 st January 2013, Jesselton Shipping Pte. Ltd. will be restructured under the name of Jesselton Shipping (2012) Pte. Ltd. Henceforth, all accounts receivable and payable before 1st January
      135 words
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  • EDITORIAL & OPINION
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      Lock icon Addressing the concerns of businesses
      477 20 EDITORIAL BUSINESSES here are feeling the pinch, which is hardly surprising given the sluggishness permeating the economy here and globally. In that respect, the less-than-upbeat findings of the latest National Business Survey by the Singapore Business Federation (SBF) were only to be expected. What must
      477 words
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      Lock icon Obamacare may not tame healthcare monster
      729 20  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writ ers Group ARE Americans finally controlling health spending? Few issues loom larger in the US economic outlook. For years, spiralling health costs mainly for Medicare and Medicaid, which serve the elderly and the poor have
      The Washington Post Writers Group  -  729 words
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      Lock icon What comes next after inflation targeting?
      985 20  -  Nominal-GDP targeting has its advocates but it does not solve key problems of old regime By ANDRÉS VELASCO The writer, a former finance minister of Chile, is a visiting professor at Columbia University Project Syndicate IS INFLATION targeting the rule that most of the
      Project Syndicate; PHOTO: REUTERS  -  985 words
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      Lock icon Giving Islamic financing a boost
      1046 21  -  The 2013 Budget presents an opportunity for Singapore to kick-start the promising but sputtering sector here By ALAN LAU, LARRY SIM The writers are financial services tax partners at KPMG in Singapore. The views and opinions expressed herein are those of the authors and do
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      Lock icon Case for enhancing role of emerging currencies
      886 21  -  By YOSHIHIRO WATANABE The writer has been managing director of the Institute for International Monetary Affairs, a research institute, since June 2008. He has served as Japan’s member of the Apec Business Advisory Council since 2007. He concurrently serves as chairman for the
      PHOTO: REUTERS  -  886 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Architectural firms gear up for foreign projects
      701 22  -  Home-grown companies are gaining recognition for their overseas jobs, reportsONG ONG CHOR HAO EVEN as more homegrown architecture firms gain recognition overseas for their iconic projects, they need to navigate the challenges of growing a business on foreign turf. Among these firms’ noteworthy
      701 words
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      Lock icon Nod for FEO to buy six levels of AA Centre
      400 24 $61.8m sale to Far East Organization approved by AA Singapore members THE path has been cleared for Far East Organization to buy Automobile Association of Singapore’s space on the first six levels of AA Centre in River Valley Road for
      FILE PHOTO  -  400 words
    • Article, Illustration
      Lock icon Iranians restore heritage homes
      914 24  -  But many neglected houses have given way to high-rises, reportsTHOMAS THOMAS ERDBRINK NYT [KASHAN, Iran] A PETITE woman in grey boots and a checkered scarf, Shanaz Nader had spent much of her adult life abroad, with long stretches in Tokyo, London and New York. But here
      NYT; PHOTO: NYT  -  914 words
  • Page 22 Advertisements
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      141 22 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements MATS D04 HOUSE FOR SALE SANDY ISLAND Sentosa Sandy Island. Best facing with privacy, 8077/ 7828 sq.ft. $18.9M. Anthony Chua 9022 3000 D04 HOUSE FOR SALE SENTOSA COVE Bungalow, 7800 sqft. 5+1. Facing waterways. $17.5M neg. Serious seller. Shirley 9088 2777 D04
      141 words
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      99 22 D10 HOUSE FOR SALE FERNHILL Fernhill Detached Freehold. Land approximately 9000/ 5000 sq.ft. 5 rooms. Elevated ground. Big garden and frontage. $19.8M D10 HOUSE FOR SALE GARLICK AVENUE Good Class Bungalow *****/ 8000 sqft. 5 rooms 3 study. Lush greenery. Tranquil/ exclusive. 9186 0850 Sole Agent D10 HOUSE FOR SALE
      99 words
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      Lock icon Page 22 Advertisements Column 3
      98 22 D10 HOUSE FOR SALE SEMI-DETACHED ECG Dynamic Alliance Coronation 2 storey Semi-D. F’hold, land 4860 sqft, walk to 3 MRT station. 8100 7772 D10 HOUSE FOR SALE STEVENS ROAD Location!! Location!! Location!! D10 Modern Semi-d Stevens 4500/4000 sqft, 4+1. Mins to Orchard. Neg!! Call Don 9777 3313 D11 21 HOUSE
      98 words
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      107 22 D11 21 HOUSE FOR SALE BUNGALOW Calling Nature lovers! Off Kheam Hock Bungalow 5000 sqft, 5+1 rooms, pool, Excellent condition. Eliza 9066 3602 RealStar D11 21 HOUSE FOR SALE CHANCERY LANE GCB 21,000 sqft. F’hold. Rectangle Land. Ideal for rebuild. $3XM neg. Must sell!!! Anand 9656 9450 D11 21 HOUSE
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      97 22 D15 HOUSE FOR SALE FRANKEL Like brand new Frankel 3-Storey Terrace. 3700sqft, 4+1 attach. Huge living space cosy Face North. Near MRT. Razak 9456 8855 D15 HOUSE FOR SALE SEMI-DETACHED 2800 sqft Semi-D. Huge Lap pool, 5+1, Balcony. Walk to park, Dunbar area. Call RealStar 6100 8000 D16 HOUSE FOR
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  • Page 23 Advertisements
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      270 23 D16 HOUSE FOR SALE SENNETT AVENUE Sennett Ave, Hilltop luxurious Semi-D. 5539/ 7847 sqft, 5 levels, 6+1, pool, recreation, quality furnishing, quiet. Cathryn 9226 5115 D17 HOUSE FOR SALE TOH ESTATE 3938sqft Toh Estate 2-storey 3396sqft. Rebuilt in 2005. House number 8! Freehold. Call *****448 brendayeong.com GPS D19 HOUSE FOR
      270 words
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      239 23 D20 HOUSE FOR SALE MEI HWAN ECG Dynamic Alliance 2½ sty. F’hold. Eco-Friendly Solar Powered. 70ft Lap Pool with Jacuzzi Immaculate Move In Cond. Ruddy Y. 8288 7772 D22 HOUSE FOR SALE TERRACE Westwood Ave Corner Terr. Land 2100 sqft 5 bdrm 100% move in. Sch/ Mkt. Convenient. Cosy. Bright
      239 words
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      234 23 D02 APARTMENT FOR SALE SPOTTISWOODE SUITES New Launch Freehold. Call for VVIP preview. 1/2/3room/ Penthse. With sky gardens facilities. Eric 9617 5370 D04 APARTMENT FOR SALE REFLECTIONS KEPPEL BAY Ultimate luxury living. Prestigious unit available. Near Sentosa, Keppel Marina Vivo City. neg. Patrick Loh 8322 0666 D04 APARTMENT FOR SALE
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      216 23 D09 APARTMENT FOR SALE CAIRNHILL PLAZA Cairnhill Plaza. Freehold. In the Heart of Orchard. 3-rm ensuite, High flr. 2852 sqft. Spacious living. Laura Koh 9682 2539 SLP D09 APARTMENT FOR SALE KILLINEY ROAD Freehold. Luxurious! Spacious 2 bedrooms 1076 sf. Face pool. Private lift. Sharon Foo 8113 1833 D09 APARTMENT
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      226 23 D10 APARTMENT FOR SALE FERRELL RESIDENCES Freehold 1841 sqft. 3+1. Panoramic view. Private lift. Opposite ACS/ SCGS. MRT/ PIE. Lynn 9299 9408 D10 APARTMENT FOR SALE FORD HOLLAND Ford Holland, Freehold, 4+1, 1938 sqft, unblock, quiet. Holland Village, MRT. $3.48m. Please call Martin Goh 9320 2020 D10 APARTMENT FOR SALE
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  • Page 24 Advertisements
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      514 24 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D11 21 APARTMENT FOR SALE SUITES NEWTON Gilstead Two, Freehold, 2 bedrooms. Suites Newton, Freehold, 1/ 2 bedrooms. Prime location. MRT. TOP 2014/ 2015. Cheap! D11 21 APARTMENT FOR SALE THE ARCADIA Arcadia 3466 sqft, 3-bdrm. Unblocked view, newly renovated, quiet facing.
      514 words
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      Lock icon Page 24 Advertisements Column 2
      138 24 D16 APARTMENT FOR SALE Bryan Koh 8200 2024 URBAN VISTA VVIP Special Discount! Next to Tanah Merah MRT!! SOHO! 1-rm fr $6xxk, 2-rm fr $8xxk. 3-rm fr $1.2xm, 4-rm fr $1.5m. Dual keys fr $1.05m. Call! D18 APARTMENT FOR SALE RIPPLE BAY Ripple Bay Pasir Ris. Beautiful landscape resort. Last
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  • Page 25 Advertisements
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      237 25 D19 APARTMENT FOR SALE LA FIESTA At Sengkang. Linking to MRT Mall, 1-5 Bdrm. From $5xx. Call Sherine 9827 0890 now. D19 APARTMENT FOR SALE RESIDENCES BOTANIQUE 2-bdrm penthouse 1001 sqft. Full pool view. Reno. High floor, Amenities/ MRT. Ask $1.2xM. Fion Lim 9732 6966 D19 APARTMENT FOR SALE THE
      237 words
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      231 25 D10 HOUSE FOR RENT THIRD AVENUE GCB Third Ave Hilltop. 20k sqft 6+1. Big enclosed patio. Fascina windows. Eco-friendly gas with new aircon. pool greenery quiet $19K Owner *****884 D11 21 HOUSE FOR RENT DUNEARN ROAD Newly rebuilt. 6500/ 9500 sqft. 4-levels, pool. Opposite MRT, Botanic Gardens $27K. Also for
      231 words
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      238 25 D19 HOUSE FOR RENT LORONG CHUAN Balinese Style Bungalow 13,400 6,000 sqft, 5+1, inground pool, patio. Avail immediate. Hurry Call Now! Chris 9455 7627 D20 HOUSE FOR RENT SOO CHOW Soo Chow 2.5 storey, 4-bdrm. Partial furnish. Well kept. Near amenities Park/ School. Price neg. Lim MC 9760 0774 D25
      238 words
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      Lock icon Page 25 Advertisements Column 4
      242 25 D11 21 APARTMENT FOR RENT TRILIGHT Brand new 3 bedrooms. 2099 sf. Nice view. Near Novena MRT/ Mall Lawrence Chua 9336 9247 D11 21 APARTMENT FOR RENT TRILIGHT Trilight Newton, 4 bedrooms. MRT/ shopping mall/ school. Partial furnished. Keys on hand. Jennette 9831 5571 D11 21 PARTMENT FOR RENT NEWTON
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      Lock icon Page 25 Advertisements Column 5
      250 25 D03 SHOP FOR SALE ALEXANDRA CENTRAL Alexandra Central. 3-floors of F&B/ Retail/ Restn next to IKEA. Register Now! Pls call: Knight Frank Commercial 9790 0488/ 9838 0644 D03 SHOP FOR SALE QUEENSWAY CENTRE Queensway Centre. Freehold, 180 2750 sqft. Best location, Good rentals, Attractive price! Knight Frank Commercial 9388 7879
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  • Page 26 Advertisements
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      784 26 D13 OFFICE FOR RENT TANNERY HOUSE 2583 sqft. Carpeted. Aircon. 3 manager rm. 1 conference rm. 1 store rm. Available immediately. D15 OFFICE FOR RENT PARKWAY CENTRE Parkway centre office for rent. 1356 sqft, easy access ECP. Available immediately. $8K. Freddie: 9424 5701 (HSR) D22 FACTORY FOR RENT PENJURU 5-storey
      784 words
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      Lock icon Page 26 Advertisements Column 2
      141 26 FOREIGN PROPERTY FOR SALE APARTMENT IN MALAYSIA Project in Malacca MITC MMU. SOHO RM$500K only. With 5 Star Hotel/ Restn/ Replica of Admiral Cheng Ho Ship. Sole Agt Mar Property 9004 0944 FOREIGN PROPERTY FOR SALE CONDOMINIUM IN MALAYSIA JB Freehold Condo from S$2xxK!!! 2 minutes from Woodlands Custom. Don’t
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  • Article
    Lock icon SHIPPING TIMES
    2832 27 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 STXPO TBN Camden/New
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  • Page 27 Advertisements
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      55 27 shfp maintenance rvices wanted. Can -they find your services here in -the Shipping Times? TO ADVERTISE. CALI IOE WO IMG AT 9620 1327 THE BUSINESS TIMES Shipping Times Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327
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      Lock icon Page 27 Advertisements Column 2
      18 27 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
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  • Page 28 Advertisements
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      187 28 Importers looking for Warehouse Can they find your services here in the Shipping Times? the business times TO ADVERTISE, CALL JOE WONG AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 1327 Developments Come publicise your Corporate Developments, Corporate Image, Company Anniversaries, Award
      187 words
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      11 28 TO ADVERTISE IN .The Business Times Shipping Times CALL JOE WONG
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3205 29 Transaction date: Jan 10 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 Last 6 3 A-Sonic --AAT Day Last Quote Div Gr Yld Net M Cap 159.5 97 AIMSAMPIReit Low Company Sale
      3,205 words
    • Article
      Lock icon SGX CATALIST
      196 30 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 4.6 1.3 t Advanced System 1.8 unch ***** 1.8 1.7 1.7 1.8 26.8 Vol Cooo) Day High Last Quote Low Buyer
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    • Article
      Lock icon UNIT TRUST & FUNDS
      10267 30 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** APS Alpha Fund Cl A!** 1.39/ Aberdeen Asset Mgt Asia Limited 1.13/ Asian Local Ccy SD Bond Asian local Ccy SD Bond .0 9963/ EM Local Ccy Bond 1.8839/ Global Emerging Markets!** f M local
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    • Article
      Lock icon GLOBALQUOTE
      249 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 41.5 30 Genting HK US$ US38.5 -1 ***** 40 38 38 38.5 2535 Sale 247 181 TanChongInt HK243 +5 222 245 240 243 245 4.3 2.9
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    • Article
      Lock icon SGX ETF
      913 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 118.5 +0.5 4 119.5 118.5 118.3 118.5 540.9 133.8 120.4 CIMB APAC Div 100S$D 133 132.3 133.3 109 95.8 CIMB
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      632 31 Jan 10 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.11 *****.12 *****.65 Mar13 *****.00 *****.00 *****.00 *****.00 *****8 *****1 Jun13 *****.00 *****.00 *****.00 *****.00 1 2501 MSCI TAIWAN INDEX FUTURES SPOT 277.45 280.51 277.45 Jan13 277.80 281.00 277.60 280.80 ***** *****7 Feb13 277.50
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 31 In local curr In S$ In US$ dy yr dy yr dy yr Jan 9 Index Change Change Change Change Change Change World Preliminary 962.7 0.5 2.6 0.2 2.7 0.4 2.2 EAFE Preliminary 796.1 0.7 2.8 0.2 2.2 0.4 1.7 Europe Preliminary 1183.8 0.7 3.2
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    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      94 31 As on 9 January 2013 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT FEB2013 1665.30 1651.60 1655.60 INDIA GOLD (E-GOLD) FUT FEB2013 562.10 558.70 559.00 CURRENCY EUR-USD FUT MAR2013 1.3103 1.3077 1.3059 BASE METAL COPPER FUT MAR2013 8131 8098 8093 INDEX IRON ORE (MBIO) IDX
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    • Article
      Lock icon CHICAGO BOT
      107 31 Jan 9 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 13 1419.75 1413.75 1423.00 1409.25 Mar 13 1385.50 1386.50 1393.00 1380.00 May 13 1375.25 1376.00 1381.75 1368.75 Jul 13 1372.25 1372.50 1378.50 1365.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jan 13 49.24
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 31 CRUDE OIL PRODUCTS Jan 09 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 110.93 0.04 WTI (Near Mth) 93.12 -0.11 Dubai (1-Mth F) 106.88 0.20 Tapis blend 118.54 -0.28 Minas 114.44 2.54 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 106.39 1.22 Jet Kerosene 128.12 1.16 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      24 31 Jan 10 S$ Bid Offer 1-month 1.2255 1.2260 2-months 1.2255 1.2260 3-months 1.2255 1.2260 6-months 1.2255 1.2259 Source: OCBC Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 31 Jan 9 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2040.50 2031.25 3 months 2075.00 2067.00 Copper, Grade A(US$/tonne) Cash 8046.00 8045.25 3 months 8080.00 unch Lead(US$/tonne) Cash 2298.50 2310.75 3 months 2315.00 2328.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon LIFFE
      80 31 Jan 9 COCOA (£/tonne) Close Prev High/Low Mar 13 1426 1421 1430/1414 May 13 1435 1430 1440/1424 Jul 13 1444 1439 1446/1435 Sep 13 1453 1447 1456/1442 COFFEE(US$/tonne) Close Prev High/Low Jan 13 1961 1965 1984/1960 Mar 13 1911 1915 1943/1906 May 13 1922 1924 1953/1916 Jul 13 1932
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      861 31 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 Conv AlliedTech W*****2 Exer BakerTech W*****5 Prem Best World Intl Ltd W*****5 0.5 1 30 69 36.00 6 BiosensoMBeCW*****3 4.1 unch 90 0.4 140 5 Biosensors Int'l Group.ES.1301
      861 words
    • Article
      Lock icon INTERBANK CROSS RATES
      470 31 Jan 10 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.042 6.575 0.809 8.191 57.756 102.759 0.933 11.205 3.201 1.256 102.838 42.969 1.295 9.067 0.977 30.626 32.096 0.660 1.057 Canada 0.960 6.311
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    • Article
      Lock icon SIBOR
      67 31 Jan 10 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid
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    • Article
      Lock icon PRECIOUS METALS
      138 31 Jan 10 GOLD(US$/oz) Jan 10 Jan 09 Hong Kong 1671.00 1672.00 Jan 09 Jan 08 London 1658.74 1654.02 1659.74 1654.99 Source: Thomson Reuters Source: Thomson Reuters CAST BAR Jan 10 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 147 65 5gm 418 327
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    • Article
      Lock icon GOVERNMENT SECURITIES
      81 31 Jan 10 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 11-Apr-13 0.25 6-Month BS*****E 11-Jul-13 0.27 1-Year BY*****X 01-Nov-13 0.27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14 101.87 5-Year N*****0Z 2.375 01-Apr-17 108.57
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    • Article
      Lock icon PALM OIL
      57 31 Jan 10 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 13 2320.0 2295.0 2321.0 2300.0 52 2673 Feb 13 2385.0 2366.0 2392.0 2314.0 2374 ***** Mar 13 2421.0 2412.0 2433.0 2356.0 ***** ***** Apr 13 2454.0 2442.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 31 Jan 10 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2947 1.2955 1.0565 1.0568 Canadian dollar 1.2426 1.2437 1.0145 1.0140 Euro 1.6014 1.6023 1.3067 1.3070 NZ dollar 1.0308 1.0317 0.8411 0.8416 Sterling pound 1.9633 1.9640 1.6020 1.6021
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      Lock icon FOREIGN CURRENCY NOTE RATES
      121 31 As at 9am Jan 10 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.319 1.257 Can dollar 1.272 1.212 Euro 1.641 1.563 Sterling pound 2.004 1.927 NZ dollar 1.064 1.004 US dollar 1.252 1.193 Local dollars to 100 units of foreign
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      Lock icon INTERBANK RATES
      156 31 Jan 10 Jan 10 $S Offer Bid 0vernight 0.01 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.65 0.45 9 months 0.80
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  • WINE
    • Article, Illustration
      Lock icon Go with the winners in wine country
      1129 32  -  Ditch those 100-pointer lists and go with the Vigneron, Chateau, Domaine and Winery for a surefire hit every time, Almost every vintage will have something worthwhile experiencing, and it is also a fact that today, whatever the weather conditions, honest and committed vignerons
      PHOTOS: FILE, NK YONG  -  1,129 words
    • Article, Illustration
      Lock icon Savouring good design
      571 32  -  By SARA YAP IF there’s one thing Singaporeans can do at any time of the day, it’s eat. Wonton mee, chilli crab, chicken rice name any local dish and they will wax lyrical over their favourites. To celebrate the Singaporean love of food, 18 designers came together
      PHOTOS: LITTLE THOUGHTS GROUP  -  571 words
  • Page 32 Miscellaneous
    • Miscellaneous
      Lock icon Page 32 Miscellaneous Column 1
      328 32 CRYPTIC CROSSWORD Across 1 Tune Let It Be with score showing extremes of emotion (15) 9 Suitor turning to a girl possessing sex appeal (9) 10 Minor player in film score (not a hit) (5) 11 It’s glorious heading off in the past (5) 12 Department’s holding two-thirds of red
      328 words
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  • MUSIC/PURSUITS
    • Article, Illustration
      Lock icon Sounding out the movies
      818 33 CHRISTOPHER LIM finds out which soundtracks can hold their own, sans the visuals THE same orchestral swells that fill the heart in the cinema can lull listeners to sleep on the stereo. It’s a difficult balancing act, and the soundtrack albums that stand most comfortably on
      PHOTO: UNIVERSAL PICTURES  -  818 words
    • Article, Illustration
      Lock icon Celestial imagery
      528 33  -  BOOK REVIEW By CHRISTOPHER LIM Planetfall: New Solar System Visions Michael Benson Abrams 208 pages $89.96 Rating: B+ PRE-SPACEFLIGHT, man used to be humbled by the sea, but even the ocean pales in comparison with the cosmic wonder and humility inspired by the best photos taken in space.
      528 words
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      Lock icon BioShockingly beautiful yarn
      601 33  -  GAMING PREVIEW By CHRISTOPHER LIM SUCCESS can become a trap when it makes game developers averse to taking creative risks with a golden goose franchise. But the success of the first two BioShock titles hasn’t stopped Irrational Games from turning the game’s world upside down for BioShock
      PHOTOS: IRRATIONAL GAMES  -  601 words
  • Page 33 Advertisements
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      31 33 Iohn Erdoses Home s^o 0, FRIDAY-SUNDAYONLY 10AM-5PM UNDER THE TENT IN THE CARPARK AT 7A 7B DEMPSEY ROAD FOR FULL DETAILS A MAP GO TO: www.johnerdos.com.sg FURNITURE RUGS LAMPS GIFTS ACCESSORIES
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  • ARTS
    • Article, Illustration
      Lock icon Monumental odes to space
      1067 34  -  Is big really beautiful in art? Three artists reflect on the meaning of space with charcoal, oils and Chinese ink, writes CHEAH UI-HOON writesCHEAH writesCHEAH UI-HOON THE three award-winning artist friends had long talked about doing an exhibition together. One paints with charcoal, the other with
      PHOTOS: CHAN HAMPE GALLERIES  -  1,067 words
    • AroundTown
      • Article
        Lock icon Art
        155 34 Romancing Indonesia: Works by famous Indonesian artists like Yudi Sulistyo, Heri Dono, Agus Suwage and Samsul Arifin are among the highlights of this exhibition of Indonesian modern and contemporary art, which focuses on art from the 1970s onwards when artists looked towards asserting their own identity on the international
        155 words
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        Lock icon Music
        76 34 Dr Martens Presents The Heartbreaks Live in Singapore: Fresh off their UK tour, British indie rock band The Heartbreaks (above) will play a private showcase featuring songs from their debut album Funtimes. A DJ set by Jah (Poptart) will be the opening act. The first 300 to show up
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      • Article
        Lock icon Photography
        68 34  -  Compiled by SARA YAP Wit’s End: View rare film stills, newspaper coverage and behind-the-scenes photos of the 1971 B-movie Wit’s End (aka GI Executioner) at this photo exhibition. The film is the first American movie to be produced and filmed in Singapore. The exhibition is held at The Arts
        68 words
    • Article, Illustration
      Lock icon Man Asian reveals 2012 literary shortlist
      654 34  -  By DAVID WATKINS AFP A DEBUT novel and a work by a Nobel laureate were among five books shortlisted for Asia’s most prestigious literary prize on Wednesday, with entries across the region from Turkey to Japan. The shortlist for the US$30,000 Man Asian Literary
      AFP; PHOTOS: AFP  -  654 words
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  • CINEMA
    • Article, Illustration
      Lock icon Box-office shootout
      805 35  -  Sean Penn animates 1940s mobster Mickey Cohen with evil relish, but Young and Dangerous: Reloaded fails to relaunch, writes DYLAN TAN writesDYLAN writesDYLAN TAN GOOD, bad, crazy, gay there isn’t a role Sean Penn can’t handle. He can even mix it up, like he did playing an androgynous,
      805 words
    • Article, Illustration
      Lock icon Life, sunny-side up
      554 35  -  By GEOFFREY EU THERE are storybook romances and then there is Silver Linings Playbook, a movie that is in subject matter and approach a dramatic departure from the norm and about as far removed from a conventional love story as can be imagined. Written and directed by
      PHOTOS: THE WEINSTEIN COMPANY  -  554 words
    • Article, Illustration
      Lock icon Ring-side seat to the Big Top
      451 35  -  By DYLAN TAN IT’S only a matter of time before the big top comes to the big screen and Andrew Adamson (Shrek, Chronicles of Narnia) has done it under the auspices of one James Cameron as executive producer, no less in his new film,
      PHOTO: UIP  -  451 words
  • Page 35 Advertisements
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      123 35 Replenish your body's core fundamental energy that has been expended due to exertions of a modern hectic lifestyle. Heritage® Cordyceps CS-4 strengthens lungs and kidneys, supports convalescence after illness and promotes general well-being. Heritage® Cordyceps CS-4 is the essential herbal tonic for all in the family. Cordycepsa '£5-41, Extracts of
      123 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon Theatre in flux
      1205 36  -  Is the identity that comes with where you are on the planet being subsumed into a borderless world? Two mini-arts festivals traverse borders and minds in search of common truths about who we are, writes writes HELMI YUSOF I N the dance Deproduction, Japanese dancer Airi Suzuki
      PHOTOS: THEATREWORKS, M1 FRINGE FESTIVAL  -  1,205 words
    • Article, Illustration
      Lock icon The Flying Circus Project
      359 36 THE Flying Circus Project by TheatreWorks is a five-day arts marathon, with 35 artists each having just one hour to present their work to the audience. Admission is free but you must write to tworks@singnet.com.sg for a seat. Here are the highlights of the event, which
      359 words
    • Article, Illustration
      Lock icon M1 Fringe Festival
      314 36 THE M1 Fringe Festival organised by The Necessary Stage runs from Jan 16 to 27. Here’s what to look out for: Deproduction By Association Sam-Hester and Perrine Valli (France) Two Japanese dancers, one male and one female, talk about the culture shock they experience when they go
      314 words
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