The Business Times, 17 January 2013

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

Microfilm: NL32354
Total Pages: 32
1 32 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 SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Thursday, January 17, 2013
    25 words
  • Article, Illustration
    Lock icon SIC’s gavel right tool for F&N: experts
    890 1  -  It is transparent and accelerates the process but longer-term implications may be a concern By KENNETH LIM [SINGAPORE] An unprecedented regulator-directed auction paves an efficient and balanced path towards ending the Fraser and Neave (F&N) takeover standoff, but it could also raise fundamental
    BT Graphic  -  890 words
  • Article
    Lock icon Panel proposes shake-up in financial advisory sector
    1025 1  -  Move may lead to cheaper insurance products, easing of commission costs By CAI HAOXIANG [SINGAPORE] Sweeping changes to freshen up the financial advisory industry and reduce costs for consumers were recommended by the 14-member Financial Advisory Industry Review (Fair) panel yesterday. Notably, a
    1,025 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Four-way tug-of-war in Punggol East
      811 2  -  This is Singapore’s first such contest in a parliamentary election since 1997 By LEE U-WEN [SINGAPORE] When Punggol East’s 31,649 registered voters head to the ballot boxes next Saturday to elect a new member of parliament (MP), they will have four names to pick from
      PHOTO: DESMOND FOO/THE STRAITS TIMES  -  811 words
    • Article
      Lock icon Tackling infrastructure productivity
      481 2  -  McKinsey report says construction sector shows flat labour productivity By MINDY TAN [SINGAPORE] Flat, and to a certain extent falling, labour productivity in the construction sector is one of the leading contributors to the weak productivity evolution of the infrastructure sector. The inability of the construction industry
      481 words
    • MARKETS DIGEST
      • Article
        Lock icon FOREX
        72 2 GST INDEX 3,208.50 (+12.43) GST INDEX FUTURES 3,208.00 (+12.00) GSIMSCI 362.57 (+1.47) GSIMSCI FUTURES 361.90 (+0.60) USS 5$ 1.15$ (S$ per US}) 1,225 c mm P ei £i 1 603 1 %3 uifto mnvo 1.323 1627 Eorcign currency per USS 55 YEN 88.20 72.00 RM 3.015 2463 HKS 7.253
        72 words
      • Article
        Lock icon MARKETS
        53 2 Wednesday Change KL COMP 1.682.95 -2.94 NIKKEI 225 10.600.44 -373,64 HANG SENG 23.3S6.99 -24,52 SET INDEX 1 416.14 ■6.72 JAKARTA COMP 4,-110.97 +10,14 MANILA COM* 6.047.52 ■40.15 SEOUL COMP 1.977.45 ■6.29 SHENZHEN 6 753 53 ■0.97 MUMBAI 'MO 19.817.63 169,19 11 am ESI Change DOW 13,490 36 44 SI
        53 words
      • Article
        Lock icon PRIME RATES
        27 2 SINGAPORE 5 33 MALAYSIA 6 55 HONGKONG INDONESIA 5.00 13.W0 JAPAN 1.475 KOREA BRITAIN 0.50 US 3.25 CANADA 3 00 SMtZERtAMO INDIA 050 Source: Bloomberg
        27 words
    • Article
      Lock icon Decision on third runway at Changi deferred
      334 2  -  Airport faces greater congestion with air traffic up 5% a year By VEN SREENIVASAN [SINGAPORE] The committee responsible for the expansion of Changi Airport appears to have deferred its decision on a third runway for the airport. The 2036 Steering Committee was due
      334 words
    • Article, Illustration
      Lock icon Strong project pipeline to underpin $32b in contracts
      588 2  -  By ONG CHOR HAO [SINGAPORE] Contracts for the construction sector could surge to $32 billion this year through a strong pipeline of public sector projects, but the demand has to be met with higher productivity and not more foreign workers. That was
      588 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      285 2 SIC’s gavel right tool for F&N: experts AN unprecedented regulator-directed auction paves an efficient and balanced path towards ending the Fraser and Neave takeover standoff, but it could also raise fundamental issues in future takeover battles, industry observers said. FRONT PAGE Financial advisory shake-up looms SWEEPING changes to
      285 words
    • Article, Illustration
      Lock icon HK boosts land supply to cool hot property market
      461 2 Reuters [HONG KONG] Embattled Hong Kong leader Leung Chun-ying made his maiden policy speech yesterday, unveiling policies aimed at reviving his battered reputation, such as increasing land supply to cool a hot property market, fighting pollution and boosting welfare. Mr Leung
      Reuters  -  461 words
    • Article, Illustration
      Lock icon Dreamliner incidents hurt Boeing’s reputation
      724 4  -  Half of global fleet already grounded by two launch customers Japan Air and ANA By VEN SREENIVASAN [SINGAPORE] What started out as a series of isolated technical incidents involving the B787 Dreamliner has become a full-blown crisis of reputation for American planemaker Boeing. Already, half
      PHOTO: REUTERS  -  724 words
    • Article
      Lock icon China envoy says UK far more open than US to Chinese investments
      815 4  -  Global yuan market’s growth will be long process, as China seeks to limit speculation By in NEIL BEHRMANN in London BRITAIN is far more positive about inward Chinese investment than the United States, said Liu Xiaoming, China’s ambassador
      815 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      140 2 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. Legend of the Seas 2013 2N MALACCA CRUISE Dep Date Feb 06 Mar 23 Port-of-call: Singapore, Malacca 3N BEST OF MALAYSIA CRUISE Dep Date Feb 22 Mar
      140 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      200 3 V at Q i P 7543 WOB Wx fcaSj y at U 0 The Passat 1.8 TSI. How an executive sedan should be. This beautifully designed, German-engineered sedan has all the features you’d expect from a car of its class, and a few you might not, such as: 0” Park
      200 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      268 4 NOEL Singapore Prestige Brand Award 2010, 2011 8 2012 (An ASME-Lianhe Zaobao Award) Heritage Brands Winner Singapore Prestige Brand Award 2011 8 2012 Overall Winner of Heritage Brands A° Savings n% M-ONE Hampers/ Pa ma 0 A A Bundle Deal Not To Be Missed! Usual Retail Price: $803 Now, buy
      268 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      536 5 OWN AN 1.1 BATTERSEA POWER S T AT I O N PIECE OF fe Fii JLS I*’. iiL 'JU'*’ I r i i I T r j* JC*. m a.3r BE 3*6*1 W* V- «fV3 ,jTI2jT rjM^ifcuh* n -l* ETKi i ll! •<w f I" T* hl*'' w tfr :.t;-
      536 words
Page thumbnail Page 6
  • COMPANY NEWS
    • Article, Illustration
      Lock icon Wheelock accepts Simon Cheong’s offer
      527 6  -  Surprise move means SC Global chairman can take developer private By MINDY TAN SC GLOBAL Developments’ chairman and chief executive Simon Cheong has succeeded in his bid to take the luxury developer private, thanks to a surprise move by Wheelock Properties to sell its entire
      527 words
    • Article
      Lock icon Yangzijiang shares fall on news of warrant issue
      430 6  -  By ANGELA TENG SHARES of Yangzijiang Shipbuilding (Holdings) Ltd tumbled 7.3 per cent yesterday after the shipbuilder unveiled plans to issue 330 million warrants to raise net proceeds of about $18.15 million. Each warrant, pegged at 0.3072 yuan, gives the holder the
      430 words
    • Article
      Lock icon Straits Trading gets nod for further stake in WBL
      440 6  -  Shareholders’ approval paves way for general offer By ANDREA SOH STRAITS Trading Company’s shareholders yesterday gave approval for the firm to purchase a further stake in WBL Corp by issuing new shares, paving the way for it to make a formal
      440 words
    • COMPANY BRIEFS
      • Article
        Lock icon Temasek increases Olam stake to 20%
        32 6 TEMASEK Holdings has raised its stake in Olam International Ltd to 20 per cent, with the latest share purchase by its unit Breedens Investments Pte Ltd.
        32 words
      • Article
        Lock icon Midas JV wins 338m yuan tram project
        91 6 MIDAS Holdings Ltd’s joint venture company, Nanjing SR Puzhen Rail Transport Co Ltd, has won its first 100 per cent low-floor tram project valued at around 338 million yuan (S$65.9 million). Midas has a 32.5 per cent equity stake in the joint venture,
        91 words
      • Article
        Lock icon Ntegrator bags $11.7m of contracts
        30 6 COMMUNICATIONS network firm Ntegrator International Ltd has secured new contracts worth some $11.7 million from Myanmar Radio and Television and the Viettel Group of Companies.
        30 words
      • Article
        Lock icon G K Goh unit to invest US$15m in equity fund
        52 6 G K Goh Holdings Ltd’s wholly owned subsidiary Ardisia Limited has committed to invest up to US$15 million in the initial closing of a private equity fund known as Value Monetization III Ltd, a newly incorporated company in the British
        52 words
    • Article, Illustration
      Lock icon mDr sets up subsidiary to tap huge Myanmar market
      394 7  -  By VEN SREENIVASAN MOBILE phone distributor mDr Ltd has incorporated a subsidiary in Myanmar that will spearhead its push into a market seen by many as being in its infancy. The Singapore-listed company holds a 51 per cent stake in MDR
      PHOTO: BLOOMBERG  -  394 words
    • Article
      Lock icon Thai bourse chief sees IPOs fuelling further stock rally
      514 7 Bloomberg [BANGKOK] Thai equities, Asia’s second-best performers last year, may extend a rally this year as new listings and cheaper valuations than most South-east Asian markets lure investors, the head of the nation’s bourse said. S ou t h eas t
      Bloomberg  -  514 words
    • Article
      Lock icon S’pore telcos to fork out $360m for 4G spectrum
      839 7  -  IDA also intends to increase spectrum that is available for 4G services By AMIT ROY CHOUDHURY AROUND the middle of this year, Singapore telcos will together have to shell out a minimum of $360 million for spectrum that they will require
      839 words
    • Article, Illustration
      Lock icon AsiaMedic eyes bigger market share in S’pore
      733 9  -  Company is also looking to scale up its presence in the region By NISHA RAMCHANDANI CATALIST-listed AsiaMedic is looking to grow its market share in Singapore as well as scale up its presence in the region as it works to steer its business
      FILE PHOTO  -  733 words
    • Article, Illustration
      Lock icon Golden Agri, AirAsia in Global Challengers list
      488 9  -  They are among 8 S-E Asian companies to make it to list By LEE MEIXIAN INDONESIA-BASED Golden Agri-Resources, which is listed in Singapore, and Malaysian budget carrier AirAsia have made it to the 2013 list of 100 fast-grow-ing and fast-globalising companies from emerging
      FILE PHOTO  -  488 words
    • Article
      Lock icon Private equity booms in SE-A, falters in China
      615 9  -  By in JOYCE HOOI in Hong Kong THE good times continue to roll in South-east Asian private equity, even as its Chinese counterpart nurses a hangover that may worsen following the excesses of previous years. Industry players at the Asia Private Equity
      615 words
    • Article
      Lock icon RRJ Capital to buy Olam bonds, shares
      665 9 Bloomberg [HONG KONG] RRJ Capital Ltd plans to buy bonds and shares issued by Olam International Ltd, the commodity supplier targeted by short-seller Carson Block, a person with knowledge of the matter said. RRJ, the fund run by former Goldman Sachs Group Inc
      Bloomberg  -  665 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      70 6 w. W Jf Give your customers what they pay for. Be it jewellery or grocery, consumers expect to get what they pay for. Give your customers this assurance with the Accuracy Label. Get this mark of trust when you verify your measuring instruments with SPRING Singapore's Authorised Verifiers. -V ACCURACY
      70 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 2
      42 6 An urban resort getaway at Shangri-La Hotel Tune in to Kiss92 now for your Girls' Night Out! S Partner: Shangri-La hotd SINGAPORE kiss92.sg Dfacebook.com/kiss92fml Q<a)kiss92fm KISS92 is part of sph radio network Available on the iPhone w ***o«>" TO AppStore Google play
      42 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      391 7 I I I »V It iiiii V LEGENDA® SOUTHBPV I a P ■Hi TRENDS ©SOUTH BAY r ./'j Ala 4«4 <J«4« *<**•« oo Tv Hi illm m a IN I u 4 fern gh FREEHOLD fernnghi RESIDENCE penang t 1 TRENDS ©SOUTHBAY r J Penang ernatffcal Airport a BAIUMAUN LEGENDA®
      391 words
Page thumbnail Page 8
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Properties, STI reverse 2-day fall
      630 8  -  Penny stocks punting continues, with nearly all top 20 actives below $1 and more than half priced 10¢ or less STOCKS R SIVANITHY Senior Correspondent A REBOUND in property stocks and continued punting of penny stocks were the main features yesterday in a session when
      Source: Bloomberg  -  630 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 8 Jan 16 VALUE CLOSE BT OB/OS 316.00 -353.00 BT CADI -*****.00 +27.00 BT 10-day MA -*****.00 +32.00 FTSE ST Mid Cap 789.95 -2.28 FTSE ST Small Cap 545.71 +1.21 FTSE ST All Share 788.80 +2.05 FTSE ST China Top 224.65 -1.68 FTSE ST China 255.39 -1.03 FTSE
      73 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 3 4 0 0 0 9 3 4 Manufacturing 44 61 45 9 9 8 53 70 53 Commerce 31 19 22 3 3 5 34 22 27 Tpt/Stor/Comms 20 16 9
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 21,687 21,687 70,015 70,015 Manufacturing 512,076 427,336 939,412 337,727 4,111 341,838 Commerce 427,274 118,678 545,952 137,571 3,713 141,284 Tpt/Stor/Comms 163,540 18,911 182,451 262,214 6,107 268,322 Finance 321,117 135 321,252 232,977 47 233,024 Construction 344,663 50,775
      123 words
    • Article, Illustration
      Lock icon BROKERS’ TAKE
      947 8  -  Compiled by CAI HAOXIANG S’pore property companies DBS GROUP RESEARCH, Jan 16 SHORT recovery post-October measures. Primary home sales (excluding ECs) improved by 30 per cent m-o-m to 1,410 units in December. Including ECs, it would have jumped 79 per cent to 2,259 units. We believe the strong
      Source: Bloomberg  -  947 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 8 Stock name Close Change CapMallsAsia 2.170 +0.020 CapitaLand 3.800 +0.070 CapitaMall 2.150 +0.020 CityDev 11.49 +0.160 ComfortDelGro 1.885 +0.035 DBS Grp 14.36 -0.020 F&N 9.660 -0.040 GLP 2.720 +0.010 Genting SP 1.445 -0.010 Golden Agri 0.640 -0.005 HK Land 7.550 -0.050 IHH Healthcare 1.400 JMH 61.91
      113 words
    • Article
      Lock icon Pound falls amid UK economic worries, yen continues recovery
      691 8 CURRENCIES Reuters [LONDON] Sterling fell against the US dollar yesterday, while the yen rose for a second day. The pound was hurt by UK economic worries and Fitch rating agency’s warning about Britain’s credit rating, though it recovered from a 9½-month
      Reuters  -  691 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      53 8 VOLUME Informatics 349,906,000 Innopac 286,467,000 ICP 278,702,000 IPCO Intl 214,001,000 TT Intl 114,687,000 Adventus 107,463,000 Yangzijiang 104,784,000 Golden Agri 104,154,000 EuNetworks 95,667,000 GSH Corp 79,718,000 VALUE($) SingTel 129,431,805 Yangzijiang 107,270,230 DBS Grp 77,634,840 CapitaLand 69,328,944 Golden Agri 66,475,265 UOB 60,294,810 Wilmar 52,117,970 Informatics 48,268,522 Keppel Corp 47,410,200
      53 words
    • Article
      Lock icon RISES
      108 8 BY CENTS CLOSE UP DBXT FTVietnam 10US$ 2557 62.4 2.0 UE Pref 200 60.0 42.9 SuperGroup 307 17.0 5.9 CityDev 1149 16.0 1.4 UOB.ES.1301 1898 16.0 0.9 DBXT STGLDv100 10US$ 2929 11.0 0.3 OCBC Bk 973 11.0 1.1 Hyflux 6% CPS 10 ***** 10.0 0.1 Hotel Prop 316 9.0
      108 words
    • Article
      Lock icon FALLS
      123 8 BY CENTS CLOSE DOWN Lyxor China H 10US$ 1545 -19.6 -1.0 DBXT MSCHINA 10US$ 1267 -15.9 -1.0 DBXT CSI300 10US$ 821 -14.7 -1.4 GLD 10US$ ***** -13.5 -0.1 IS LC BND 100US$ 1070 -12.2 -0.9 IS ASIA HYG100US$ 1130 -11.0 -0.8 Lyxor MS India 10US$ 1432 -9.8 -0.6 Jardine
      123 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      11 9 CATS Recruit The first door to your world of opportunities CLA/AUG06/g
      11 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      114 9 HOW MANY OF THE TOP FIRMS EMPLOY CERTIFIED FINANCIAL RISK MANAGERS? 25 OUT OF 25 TOP GLOBAL BANKS Source: The Banker, Top 1000 World Banks, 2012. 20 OUT OF 20 TOP GLOBAL ASSET MANAGEMENT FIRMS Source: Pension Investments, The P&I/Towers Watson World 500: World’s largest money managers, October 2012. 4
      114 words
Page thumbnail Page 10
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Panel addresses power sector’s manpower woes
      562 10  -  Task force makes 3 recommendations, with boost from LNG supplies coming soon By RONNIE LIM THE task force set up the Energy Market Authority (EMA) last March to address the power sector’s manpower issues has come up with three key recommendations. Designed to alleviate
      PHOTO: BLOOMBERG  -  562 words
    • Article
      Lock icon Court tells OpenNet to appeal to Minister first
      444 10  -  By VICTORIA HO OPENNET’S appeal against a judgment dismissing its challenge against the Infocomm Development Authority (IDA) was adjourned yesterday in the Court of Appeal. OpenNet had challenged the IDA in 2011 on the government body’s approval of the ownership of the
      444 words
    • Article, Illustration
      Lock icon Candidates make pitch as campaigning starts
      832 10  -  4 parties gear up to contest Punggol East by-election By LEE U-WEN BEHIND closed doors at the nomination centre, they exchanged brief pleasantries with one another. But once the nine-day by-election campaign got officially underway yesterday, the four candidates in the running for the
      832 words
    • Article
      Lock icon Call to extend PIC to individual business owners
      337 10  -  By TEH SHI NING EXTEND the Productivity and Innovation Credit (PIC) to individual business owners too, say members of the Singapore Institute of Accredited Tax Professionals (SIATP). Central to the slew of government incentives meant to hasten Singapore’s productivity growth, the PIC
      337 words
    • Article, Illustration
      Lock icon Jurong Aromatics eyes output boost
      523 11  -  Paraxylene yield at US$2.4b complex, under construction, may rise 15-20% By RONNIE LIM JURONG Aromatics Corporation (JAC) which is more than midway through building its US$2.4 billion aromatics complex on Jurong Island is already mulling an expansion project to boost its paraxylene output amid strong
      ST FILE PHOTO  -  523 words
    • Article, Illustration
      Lock icon December non-oil domestic exports seen falling 7.5%
      380 11 Reuters SINGAPORE’S non-oil domestic exports in December are expected to have fallen from a year earlier, hurt by continued weak demand for its key electronics shipments and a high year-ago base when exports were boosted by a surge in rig deliveries. The city-state’s
      Reuters; PHOTO: BLOOMBERG  -  380 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      27 10 JANUARY ISSUE OUT NOW! TORQUE DIGITAL EDITION IS AVAILABLE ON IPAD ANDROID! VISIT WWW.TORQUE.COM.SG FOR MORE INFO 50% OFF 1-YEAR DIGITAL SUBSCRIPTION “LIKE” US ON FACEBOOK www.tinyurl.com/torquemag
      27 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 2
      62 10 www.itshow.com.sg Join us at #1 LARGEST I.T, DIGITAL, MOBILE, CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE COMING SOON! 7th 10th MARCH 2013 MARINA BAY SANDS SINGAPORE EXCLUSIVE SHOW OFFERS, NEW PRODUCTS, GREAT BARGAINSAND HUGE SAVINGS FOR PERSONAL, BUSINESS OR HOME Organised By: (ORGANISER OF IT SHOW, FOOD BEVERAGE FAIR, COMEX AND WORLD
      62 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      338 11 A once in a lifetime opportunity Photograph taken from development. 1, 2 and 3 bedroom apartments from £875,000 EXHIBITION Exclusive launch of Wessex House Fri 25th– Sun 27thJanuary 2013 11am 7pm St Regis Hotel, Senator Room, 29 Tanglin Road, Singapore, *****1 The Berkeley Group’s One Tower Bridge development is situated
      338 words
Page thumbnail Page 12
  • MALAYSIA/INDONESIA
    • Article
      Lock icon Interest revs up in Malaysian car stocks
      431 12  -  Strong December sales and a firmer ringgit underpin the optimistic outlook By in S JAYASANKARAN in Kuala Lumpur SHARES of Malaysian car companies have begun rising on the back of a depreciating US dollar and Japanese yen, prompting analysts to issue a slew
      431 words
    • Article, Illustration
      Lock icon Malaysia’s ETP projects attract investors
      746 12 RM20b of projects seen implemented this year [PETALING JAYA] Build it and they will come. That seems to be the case with the projects under Malaysia’s Economic Transformation Programme (ETP). The roll-out of the projects is fast crystalising as investors, buoyed by more positive economic
      PHOTO: STAR  -  746 words
    • Article
      Lock icon Jakarta rules out changes to palm oil export tax structure
      300 12 Reuters [JAKARTA] Indonesia, the world’s biggest palm oil producer, will not change its export tax structure for the edible oil or follow rival producer Malaysia by cutting tariffs on crude grades to zero, the trade minister said yesterday. “The Indonesian
      Reuters  -  300 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      139 12 V y Microbiologist i g' iL a i CROSS' /V Awarded Best in Cross Media Advertising (Si Asian Digital Media Awards ilver) fo Is 2012 www.stjobs.sg m Get Job alerts Via email with fresh updates of choice job matches. RESUME Get headhunted Post your CV let top employers find you
      139 words
Page thumbnail Page 13
  • GREATER CHINA/INDIA
    • Article
      Lock icon China suffers first annual FDI fall since global financial crisis
      509 13 Reuters [BEIJING] China’s foreign direct investment (FDI) inflows fell last year for the first time since the global financial crisis, slipping 4 per cent as a troubled world economy curbed investor enthusiasm for deals in emerging markets. But China still
      Reuters  -  509 words
    • Article, Illustration
      Lock icon ICBC to raise 60b yuan via debt issue
      521 13 Move aimed at complying with new capital requirements Bloomberg [SHANGHAI] Industrial Commercial Bank of China Ltd (ICBC), the world’s largest lender by market value, plans to raise as much as 60 billion yuan (S$11.7 billion) from selling debt to comply with new
      Bloomberg; PHOTO: BLOOMBERG  -  521 words
    • Article
      Lock icon India needs to boost financial supervision: IMF
      426 13 It must also open up sectors to cut risk of capital misallocation Reuters [WASHINGTON] India needs to improve its financial system supervision and crisis preparedness while at the same time liberalising some sectors to reduce distortions and risks created by heavy state involvement
      Reuters  -  426 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      407 13 Photo Credit: Prisca Lobjoy ESPLANADE PRESENTS The music you can’t miss. 5 Esplanade Conceit Hall. 7,30pm r 12 Mar, Tue Salif Keita Mali Hie golden voice of Africa lifts the hearer as if the whole of human future depended on it." -Moots $40*, $60**, $80 Limited concessions for students, NSFs
      407 words
Page thumbnail Page 14
  • ECONOMY WATCH
    • Article
      Lock icon Spanish R&D set back by spending cuts
      870 14 Researchers head overseas as funds dry up at home Reuters [MADRID] Amanda Bolanos, a young Spanish scientist, knows she will not be coming home. “Exiled in Cambodia” read the banner the molecular biologist carried at a protest in Madrid against government cutbacks. Back
      Reuters  -  870 words
    • Article, Illustration
      Lock icon Things looking up for global economy, says World Bank
      754 14 While report is the least pessimistic in recent years, it is not overly optimistic NYT [WASHINGTON] Some of the darkest clouds threatening the global economy have started to lift, according to the World Bank’s periodic update to its economic forecasts. The
      NYT; PHOTO: BLOOMBERG  -  754 words
    • Article, Illustration
      Lock icon IMF left on sidelines in US budget fights
      800 14 Lack of influence shows limit of its powers in US AP [WASHINGTON] International Monetary Fund chief Christine Lagarde travels the world trying to keep the global economy on track. But some of the greatest threats are brewing just blocks from her Washington
      AP; PHOTO: AFP  -  800 words
    • Article
      Lock icon US working poor numbers on the rise
      386 14 WP [WASHINGTON] Nearly a third of the nation’s working families earn salaries so low that they struggle to pay for their necessities, according to a new report. The ranks of the so-called working poor have grown even as the nation has created new
      WP  -  386 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      43 14 “Wigs*" fifties, i m C u ri s “"block facilities unbl ock S R l° Advertisement ..uZ 821 SOFT, 6+1, SPACIOUS Check this out and many other properties in CATS Classified in The Straits Times now! [•■ATS BUY IT* SELL IT* FIND IT
      43 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      249 15 The Business Times Now you can read it any way you want. 3* DINING OUT CUSTOMER U-golarian Care SATISFACTION lluil hits all the Service just 01 right spots pact a the equation JP Morgan counts on S-EA to grow rjs ihe Business Time: THE BUSINESS TIMES THE BUSINESS TIMES Smith
      249 words
Page thumbnail Page 16
  • WORLD
    • Article, Illustration
      Lock icon Cameron’s bet risks pushing UK out of EU
      755 16 Referendum plan on renegotiated terms of membership in group could backfire AFP [LONDON] British Prime Minister David Cameron will give a long-awaited speech in the Netherlands tomorrow that could push his country towards the European exit door and put his own position
      AFP; PHOTO: AFP  -  755 words
    • Article
      Lock icon UK business chiefs urge PM to avoid EU isolation
      625 16 AFP [LONDON] Prime Minister David Cameron must not risk jeopardising Britain’s European Union membership and damaging the weak economy, business chiefs warned yesterday ahead of the premier’s key Europe speech this week. The Conservative premier is due to address the nation’s
      AFP  -  625 words
    • Article, Illustration
      Lock icon US retailers boost sales with personalised merchandise
      577 16 Bloomberg [WASHINGTON] Bespoke, long the province of Savile Row, has come to the lingerie department at Nordstrom Inc. Last month, shoppers at the upscale department store chain’s White Plains, New York, location were invited to add a message in sparkly text to their
      Bloomberg; PHOTO: BLOOMBERG  -  577 words
    • Article
      Lock icon Dell buyout talks at advanced stage
      744 16 Four major banks have been lined up to provide financing Reu ters [SAN FRANCISCO] Talks to take Dell Inc private are at an advanced stage with at least four major banks lined up to provide financing, two sources with knowledge of the matter told
      Reuters  -  744 words
    • Article, Illustration
      Lock icon TO SAVE A SPECIES
      59 17 [LONDON] Conservationist Stanley Johnson, father of London Mayor Boris Johnson, posing for a photograph alongside a 3.6 metre polar bear sculpture in Sloane Square here on Monday. The life-size sculpture ‘Boris’ symbolises the plight of a species under threat and launches a Great Britain campaign to
      PHOTO: AFP  -  59 words
    • Article, Illustration
      Lock icon More political fighting seen in Obama’s second term
      798 17 His hopes of being a unifying figure in Washington unlikely amid partisan fury AFP [WASHINGTON] At just after 4pm on Jan 20, 2009, Barack Obama, the new US president, left his armoured limousine, and with a beaming smile, loped confidently down his
      AFP; PHOTO: AFP  -  798 words
    • Article, Illustration
      Lock icon Carmakers go all out to lure young, fickle buyers
      687 17 AFP [DETROIT] From navigation systems serving as game consoles to sound systems doubling as amplifiers and nail polish matching a paint job, automakers are trying new tricks to lure fickle young buyers. Connected consoles that sync with smartphones to stream music
      AFP; PHOTO: BLOOMBERG  -  687 words
    • Article
      Lock icon Lincoln, Cadillac struggle to get luxury groove back
      358 17 AFP [DETROIT] Luxury carmakers should all be smiling the resurgent US market, and China’s booming wealth sector, and other rising large economies, are delivering strong sales and profits to the likes of BMW, Mercedes Benz, and Bentley. But not venerable American brands,
      AFP  -  358 words
    • Article, Illustration
      Lock icon Morgan Stanley may take 3 yrs to pay bonuses
      695 18 Long deferral affects high earners, makes it harder for employees to leave Reuters [NEW YORK] Morgan Stanley is taking three years to pay out 2012 bonuses to high-earning employees, three sources familiar with the situation said on Tuesday, a step that
      Reuters; PHOTO: AFP  -  695 words
    • Article
      Lock icon World on brink of ‘currency war’, says Russia
      383 18 Bloomberg [MOSCOW] The world’s leading economies are on the brink of a “currency war” to keep up with Japan and use devaluation to boost their competitiveness, Russia’s central bank says. “Japan is weakening the yen and other countries may follow,” Bank Rossii
      Bloomberg  -  383 words
    • Article
      Lock icon Goldman Sachs will not delay UK bonuses
      472 18 AP [LONDON] Goldman Sachs decided on Tuesday that it would not delay the payment of bonuses to its staff in Britain, a move that would have helped investment bankers and other highly paid employees benefit from a lower income tax rate. The decision
      AP  -  472 words
    • Article, Illustration
      Lock icon Cracks in Abe camp take toll on markets
      647 19  -  Yen’s rise and stock market’s sharp fall blamed on mixed signals from Cabinet By ANTHONY ROWLEY in Tokyo THE Tokyo stockmarket fell sharply yesterday and the yen strengthened further, amid fresh signs of crumbling unanimity within Prime Minister Shinzo Abe’s Cabinet over
      PHOTO: BLOOMBERG  -  647 words
    • Article
      Lock icon Abe woos Asean to help counter China’s might
      621 19 Reuters [TOKYO] The last time he was prime minister of Japan, Shinzo Abe’s inaugural foreign trip was to China. In the job again seven years later and relations with Beijing now chilly, Mr Abe is turning first this time to the rising
      Reuters  -  621 words
    • Article, Illustration
      Lock icon US consumer prices stay flat, helping easy monetary policy
      688 20 Industrial production climbs in December for 2nd month as factories expanded Reuters Bloom berg [WASHINGTON] US consumer prices were flat last month, pointing to muted inflation pressures that should help give the Federal Reserve room to prop up the economy by
      Reuters; Bloomberg; PHOTO: AFP  -  688 words
    • Article, Illustration
      Lock icon Alcatel-Lucent bags Reliance network deal
      409 20 8-year contract for east and south India valued at over U$1b Reuters [PARIS] Telecom equipment maker Alcatel-Lucent SA has won an eight-year contract valued at more than US$1 billion to manage Reliance Communications Ltd’s mobile and fixed networks in the east and south of India.
      Reuters; PHOTO: AFP  -  409 words
    • Article
      Lock icon Germany cuts growth prediction to 0.4%
      365 20 Bloomberg [BERLIN] German Chancellor Angela Merkel’s government cut its growth forecast for Europe’s biggest economy as austerity policies in cash-strapped eu-ro-region countries and cooling world trade damp exports. Germany’s gross domestic product growth will slow to 0.4 per cent this year from 0.7 per
      Bloomberg  -  365 words
    • WORLD WATCH
      • Article
        Lock icon Private warehouses for Thailand rice stores
        156 20 Reuters [BANGKOK] Thailand, struggling to find storage for a rice buying scheme that cost the country its crown as the world’s biggest exporter of the grain, will rent private warehouses to store next month’s harvest, government officials said yesterday. Thailand’s rice millers had warned
        Reuters  -  156 words
      • Article
        Lock icon Dimon’s pay cut over investment blunders
        107 20 Bloomberg [NEW YORK] JPMorgan Chase Co CEO Jamie Dimon had his pay cut by half after a review of losses at the bank’s chief investment office found that he bears responsibility for the blunders. The CEO’s compensation for 2012 is US$11.5 million, the New
        Bloomberg  -  107 words
      • Article
        Lock icon Renewable energy use not fast, large enough
        148 20 AFP [ABU DHABI] The share of renewables in the global energy mix has increased over the past decade to more than 15 per cent but doubts remain over whether a 2030 target of 30 per cent is achievable, delegates to an international conference
        AFP  -  148 words
    • Article, Illustration
      Lock icon EU toughens regulations on ratings agencies
      341 20 AFP [BRUSSELS] The European Parliament yesterday voted through higher transparency standards for credit ratings agencies which many blame for exacerbating the eurozone debt crisis. Under the new regulations, agencies such as Moody’s, Fitch, and Standard Poor’s will have to be much more open in
      AFP; PHOTO: AFP  -  341 words
    • Article
      Lock icon Yields fall as Lisbon sells all 2.5b euros of T-bills
      283 20 Reuters [LISBON] Portugal sold all 2.5 billion euros (S$4 billion) of Treasury bills on offer yesterday and yields fell sharply, lifting chances that the bailed-out country will stage a successful return to the longer-term bond market this year. The IGCP
      Reuters  -  283 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      23 16 klS592 vrVjmMonT" CATCH THE NISSAN KISS 92 KISS MOBILE TUNE IN TO KISS 92 TO FIND OUT WHERE WE’LL BE! k1ss92.sg facebook.com/kiss92fm Q@kiss92fm
      23 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 2
      39 16 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY THE SALWAR URNEY The Indian outfit is now a global wardrobe staple One month after rape, is Delhi safer for women? GET YOUR CORY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
      39 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      316 17 S WATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP, 50 AND IN THE MATTER OF GEMVISION SINGAPORE PTE. LTD. (Company Registration No, *****4811E) (In Voluntary Liquidation) NOTICE OF RESOLUTION At the Extraordinary General Meeting of the members of GEMVISION SINGAPORE PTE. LTD. duly convened and held on the
      316 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 2
      237 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GLOBAL OILFIELD SERVICES PTE. LTD. (IN MEMBERS’VOLUNTARY LIQUIDATION) (INCORPORATED IN SINGAPORE) (CO. REG. NO: *****3019Z) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final
      237 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 3
      361 17 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MEGALUX PRODUCTS PTE LTD Company Reg. No. *****4318K (In Members’ Voluntary Winding Up) At Extraordinary General Meeting of the abovenamed Company held at 362 Upper Paya Lebar Road #06-01 Da Jin Factory Building, Singapore *****3 on
      361 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      78 18 AU- you rvtct is kiss 1 fl O m. m 9 m GREAT MUSIC RELATIONSHIPS FASHION FOOD y HEALTH a WELLNESS PSYCHOLOGICAL INSIGHTS MADDY, JASON ARNOLD IN THE MORNING WEEKDAYS 6:00AM- 10:00AM LOOKING GOOD MONEY MOVIE REVIEWS loss All the great songs in one place kiss92.sg 13 facebook.com/kiss92fm @kiss92fm KISS92
      78 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      97 19 WITH Agents get to WIN S388 worth ot advertising credh too' BUYING OR RENTING A PROPERTY? We'll reward you with $888! Visit www.STProperty.sg/deal2win now for more information. Hurry, you have until 31 March 2013 to be one of our 8 lucky winners! 1 0 s ■TV E *Terms conditions apply.
      97 words
Page thumbnail Page 20
Page thumbnail Page 21
  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Demand for container swaps rises as rates turn volatile
      682 21 Ship financier HSH sees three-digit growth rates but volumes are still low Reu ters [HAMBURG] The fledgling market in swap contracts to hedge exposure to volatile rates in the container freight market may gain momentum soon as participants warm to the
      Reuters; PHOTO: REUTERS  -  682 words
    • Article, Illustration
      Lock icon American Airlines workers vote against joining CWA
      413 21 Bloomberg [DALLAS] American Airlines passenger service workers voted against joining the Communications Workers of America, after the union won a legal battle to hold an election. The workers rejected representation by the union by a vote of 51 per cent to 49 per
      Bloomberg; PHOTO: REUTERS  -  413 words
    • Article
      Lock icon TRANSPORT STOCKS
      243 21 SGX '000 Jan 16 S$ +/-Vol CH Offshore 0.50 0.01 237 Chuan Hup Hldg 0.26 unch 617 Cosco Corp 0.99 -0.02 ***** S$ Ezra Hldgs 1.22 0.01 5628 First Ship Lea 0.17 unch 431 Freight Links 0.07 unch 5459 Grand Banks unch unch 0 Jaya Hold Ltd 0.50
      243 words
    • Article
      Lock icon Baltic index rises for ninth day in a row
      205 21 Reuters [BANGALORE] The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, gained for the ninth straight day on Tuesday as capesize rates rose. The main index, which gauges the cost of shipping commodities such as
      Reuters  -  205 words
    • Article
      Lock icon Indian insurance aids Iran charter oil ship: sources
      735 21 Reuters [NEW DELHI] A loophole in an Indian insurance scheme has allowed Iran’s state-run tanker company NITC to bolster oil exports by chartering a vessel insured by India’s state-run firms, industry and shipping sources said on Tuesday. European Union and US sanctions
      Reuters  -  735 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      25 21 To thrive in the New Year Experts:SMEs must be aware of global situations and address changing risks To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      25 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      337 21 CRYPTIC CROSSWORD Across 1 Timid about a B&B that’s dirty? (6) 4 This writer’s wanting agreement to make impression (6) 8 Outside old university see awful rabble making attack (8) 10 Blemish of Greek character —that’s about tax primarily? (6) 11 Rasp in row (4) 12 Troubled soul? Obtain forgiveness
      337 words
Page thumbnail Page 22
  • EDITORIAL & OPINION
    • Article
      Lock icon There is room for productivity growth
      482 22 EDITORIAL WHEN the going gets tough, call for a review. Or so it would seem, going by the Singapore Business Federation (SBF)’s latest stand on the national productivity goals, three years after the government first set the target of 2-3 per cent productivity gains
      482 words
    • Article, Illustration
      Lock icon China must show that its Constitution is relevant
      778 22  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 CHINA’S new leader Xi Jinping gave a major address recently in which he pledged to curtail power and investigate violations of the law
      778 words
    • Article, Illustration
      Lock icon IMF still too coy about capital flow management
      1014 22  -  The practice should be higher on the list of countries’ possible policy responses By STEPHEN GRENVILLE The writer is a visiting fellow at the Lowy Institute for International Policy and works as a consultant on financial sector issues in East Asia. The
      PHOTO: AFP  -  1,014 words
    • Article, Illustration
      Lock icon President playing hardball now
      1345 23  -  Congressional Republicans, he says, ‘will not collect a ransom in exchange for not crashing the American economy’ LEON HADAR Washington Correspondent IT looked as though he was finally behaving like someone who had, well, won the election. That was the impression of Washington pundits and insiders
      PHOTO: REUTERS  -  1,345 words
    • Article
      Lock icon Obama is still stuck with tango for one
      847 23  -  By MAUREEN DOWD NYT [WASHINGTON] President Standoffish doesn’t want to be seen as a stiff. “Most people who know me know I’m a pretty friendly guy,” he protested at his White House news conference Monday. “And I like a good party.” Maybe.
      NYT  -  847 words
Page thumbnail Page 23
Page thumbnail Page 24
  • Article
    Lock icon SHIPPING TIMES
    1569 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 STXPO TBN Camden/New
    1,569 words
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      46 24 PLACE YOUR AD HERE The Business Times Shippi CALL JOE WOIN G TIMES JG AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES Shipping Times
      46 words
Page thumbnail Page 25
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3194 25 Transaction date: Jan 16 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 AAT Day Last Quote Div Gr Yld 11 5.5 AEM M Cap 159.5 98 AIMSAMPIReit 157.5 +0.5 32 157.5
      3,194 words
    • Article
      Lock icon SGX CATALIST
      215 26 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 1.7 unch 1803 1.8 1.7 1.7 1.8 25.3 Vol Cooo) Day High Last Quote Low Buyer
      215 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      10248 26 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.38/ Aberdeen Asset Mgt Asia Limited 1.13/ Asian Local Ccy SD Bond Asian Local Ccy SD Bond 0.9994/ Global Emerging Markets!** 1 8878/ EM local Ccy Bond 1 0001/ European Opportunities!" 1.0967/ Global Emerging Markets
      10,248 words
    • Article
      Lock icon GLOBALQUOTE
      262 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 43.5 25.5 AVJennings A34.5 +0.5 10 34.5 34.5 33.5 36 3.6 10.1 2.8 89.8 41.5 30 Genting HK US$ US39 +0.5 ***** 39.5 38 38.5 39 2568
      262 words
    • Article
      Lock icon SGX ETF
      881 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 119.5 +0.5 28 120 119.5 118.5 119.5 545.5 134.1 120.4 CIMB APAC Div 100S$D 134.1 133.2 134.2 109 95.8 CIMB
      881 words
Page thumbnail Page 26
Page thumbnail Page 27
  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      635 27 Jan 16 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.41 *****.41 *****.30 Mar13 *****.00 *****.00 *****.00 *****.00 *****2 *****5 Jun13 *****.00 *****.00 *****.00 *****.00 51 2775 MSCI TAIWAN INDEX FUTURES SPOT 278.06 278.10 275.70 Jan13 277.00 277.90 275.20 275.50 ***** *****6 Feb13 276.30
      635 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 27 In local curr In S$ In US$ dy yr dy yr dy yr Jan 15 Index Change Change Change Change Change Change World Preliminary 968.4 0.0 3.2 -0.1 3.5 0.0 3.1 EAFE Preliminary 802.7 0.2 3.6 0.1 3.6 0.2 3.3 Europe Preliminary 1186.8 0.1 3.5
      373 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      95 27 As on 15 January 2013 www.smx.com.sg PRODUCT PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT FEB2013 1684.70 1670.00 1684.10 INDIA GOLD (E-GOLD) FUT FEB2013 565.50 562.35 564.35 CURRENCY EUR-USD FUT MAR2013 1.3398 1.3355 1.3344 BASE METAL COPPER FUT MAR2013 8005 7983 8021 INDEX IRON ORE (MBIO)
      95 words
    • Article
      Lock icon CHICAGO BOT
      107 27 Jan 15 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 13 1413.50 1418.00 1436.25 1408.00 May 13 1399.75 1405.25 1422.50 1395.75 Jul 13 1392.75 1398.75 1417.00 1390.50 Aug 13 1365.25 1369.50 1386.75 1363.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 13 50.87
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 27 CRUDE OIL PRODUCTS Jan 15 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 110.66 0.39 WTI (Near Mth) 93.48 -0.66 Dubai (1-Mth F) 107.07 0.84 Tapis blend 117.44 1.12 Minas 114.04 1.12 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.83 2.16 Jet Kerosene 128.23 1.52 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 27 Jan 16 S$ Bid Offer 1-month 1.2243 1.2253 2-months 1.2243 1.2253 3-months 1.2243 1.2253 6-months 1.2242 1.2252 Source: OCBC
      22 words
    • Article
      Lock icon SIBOR
      78 27 Jan 16 (OSS) <S$) 1 ml/. >***** 03»i67 7 mil s 3.***** 0.***** ImiK >***** 0 ***** rtuhi X A9250 0.***** 0 Mill IS OlpBSOO 0.50(100 12 m-ths OftiSDO 0.***** SWAP Oftei rates 0 2SB54 0.***** 0 mihi 0 ***** Lmlht ■(iAfhSf '»mttv. <J PuW1 1 2 mHtf, *****4
      78 words
    • Article
      Lock icon LONDON METALS
      65 27 Jan 15 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2014.75 2015.25 3 months 2052.00 2052.00 Copper, Grade A(US$/tonne) Cash 7963.25 7968.00 3 months 7994.00 8000.00 Lead(US$/tonne) Cash 2279.50 2283.75 3 months 2292.00 2297.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
      65 words
    • Article
      Lock icon LIFFE
      80 27 Jan 15 COCOA (£/tonne) Close Prev High/Low Mar 13 1455 1451 1465/1436 May 13 1458 1454 1468/1440 Jul 13 1465 1461 1473/1448 Sep 13 1472 1469 1478/1456 COFFEE(US$/tonne) Close Prev High/Low Jan 13 1998 2021 2020/2008 Mar 13 1953 1971 1980/1951 May 13 1964 1981 1989/1961 Jul 13 1972
      80 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      948 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 650 5.00 16 AlliedTech W*****2 Ratio BakerTech W*****5 10.3 0.3 79 1 27 8 3.35 29 Best World Intl Ltd W*****5 Prem Disc BiosensoMBeCW*****3 3.2
      948 words
    • Article
      Lock icon INTERBANK CROSS RATES
      475 27 Jan 16 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.041 6.565 0.795 8.187 57.790 102.379 0.931 11.182 3.184 1.257 103.076 42.900 1.293 9.350 0.983 30.633 31.522 0.659 1.056 Canada 0.961 6.307
      475 words
    • Article
      Lock icon PRECIOUS METALS
      135 27 Jan 16 GOLD(US$/oz) Jan 16 Jan 15 Hong Kong 1690.00 1689.00 Jan 15 Jan 14 London 1681.90 1666.34 1682.65 1667.56 Source: Thomson Reuters CAST BAR Jan 16 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 148 66 5gm 421 330 10gm 753 661
      135 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 27 Jan 16 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****N 18-Apr-13 0.24 6-Month BS*****E 11-Jul-13 0.26 1-Year BY*****X 01-Nov-13 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14 101.89 5-Year N*****0Z 2.375 01-Apr-17 108.64
      88 words
    • Article
      Lock icon PALM OIL
      59 27 Jan 16 Jan 16 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 13 2381.0 2375.0 2393.0 2379.0 677 8969 Mar 13 2411.0 2398.0 2430.0 2409.0 8460 ***** Apr 13 2428.0 2415.0 2444.0 2423.0 ***** ***** May 13
      59 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 27 Jan 16 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2925 1.2941 1.0558 1.0562 Canadian dollar 1.2416 1.2434 1.0148 1.0142 Euro 1.6260 1.6277 1.3282 1.3285 NZ dollar 1.0283 1.0297 0.8400 0.8404 Sterling pound 1.9624 1.9642 1.6030 1.6032
      154 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 27 As at 9am Jan 16 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.325 1.262 Can dollar 1.273 1.213 Euro 1.668 1.589 Sterling pound 2.006 1.929 NZ dollar 1.065 1.005 US dollar 1.248 1.189 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      157 27 Jan 16 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.04 US$ 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 0.60 12
      157 words
Page thumbnail Page 28
  • PROPERTY
    • Article
      Lock icon Why new rules will tame developers’ bids
      906 28  -  Lifestyle concepts like roof terraces may be at stake By KALPANA RASHIWALA LAST Friday’s property cooling measures will have serious implications on how much developers will be prepared to pay for residential land, as well as the continued survival of popular lifestyle concepts
      906 words
    • Article, Illustration
      Lock icon 21 % stake in Orchard Towers up for sale
      355 28  - 21 stake in Orchard Towers up for sale Sinarmas Land unit asking $190m for the assets By FELDA CHAY A 21 PER CENT strata interest in Orchard Towers comprising prime freehold retail and office space is up for grabs by tender, with an asking price of about $190 million. Selling
      355 words
    • Article
      Lock icon Househunt
      593 28 PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 28 WITH CONTRACT DATES BETWEEN DEC 19 AND DEC 25, 2012 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED V On Shenton Apt 19/12/2012 99 1528 3301 2159 District 5 LANDED
      593 words
    • Article
      Lock icon Australian Reits set for big year of M&A
      418 29 CLSA forecasts the Reit index will have a total return of 15% this year Bloomberg [SYDNEY] Australian property trusts are set for a “big year” of mergers and acquisitions in 2013 after divesting overseas assets, said CLSA Asia Pacific Markets. The S&P/ASX
      Bloomberg  -  418 words
    • Article, Illustration
      Lock icon Demolition plans reignite preservation issue in Miami Beach
      1130 29 NYT [MIAMI BEACH, Florida] When South Beach was little more than a forlorn chunk of beachfront property, preservationists clung to the idea that the faded, often derelict pastel buildings lining the streets were too precious to knock down. Their campaign to preserve
      NYT; PHOTO: AP FILE PHOTO  -  1,130 words
    • Article
      Lock icon US homebuilder plans foray into rental market
      710 30 Lennar diversifying, putting US$1 b into apartments as rental demand climbs Bloomberg [LOS ANGELES] Lennar Corp, the largest US homebuilder by market value, said it plans to diversify into apartments with the construction of US$1 billion of multifamily properties as rental demand climbs.
      Bloomberg  -  710 words
    • Article, Illustration
      Lock icon Salvation for trapped US homeowners
      1285 30 The number of underwater borrowers drops as home prices surge Bloomb erg [NEW YORK] Maggie Medved was stuck with her Phoenix house for two years after the market crash wiped out the equity in the property. Last year, as prices in the area rose by
      Bloomberg; PHOTO: BLOOMBERG  -  1,285 words
    • Article, Illustration
      Lock icon CMBS market in Canada stirring years after crisis
      960 31 This is on the back of rising investor interest in Canadian property WP [TORONTO] Canada’s commercial mortgage-backed securities (CMBS) market is showing signs of revitalisation, five years after grinding to a halt in the global financial crisis, as investor interest in Canadian
      WP; PHOTO: REUTERS  -  960 words
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      61 28 BF CENTER Launching Soon! Register Now. Strata Office Medical Suites at Robinson Road For more information, please contact Angie Goh 9681 0120 (CEAReg. No. R*****5D) or Sergina Ng 9023 2147 (cea Reg. No. R*****2G) Savills has over 200 offices and associates worldwide to meet all your real estate needs, anywhere
      61 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      98 29 AUCTION SALE 2-storey Freehold Conservation Shophouses at North Bridge Road, District 7 4 adjoining units of 2-storey conservation shophouses Land 5,765 sq ft/GFA 9,600 sq ft approx. (subject to survey) Master Plan 2003 zoned “Commercial” within “Kampong Glam” Conservation District/ Next to Malay Heritage Centre Subject to existing tenancies Walking
      98 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 2
      309 29 KnightFrank.com. sg Single-Storey B2 Factory (For Sale) Detached B2 Factory (For Sale) Land Area Approx. 83,893 sf Gross Floor Area Approx. 61,994 sf Tenure JTC lease 30 30 years wef Mar 1995 Prominent frontage along Pioneer Road Easily accessible via AYE PIE Close proximity to the future MRT Stn Ideal
      309 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 3
      100 29 FOR SALE TT r 1 ---•f i IIII I <4 Rare Mohamed Sultan Stunner! Best Value!! Fully Developed Commercial/Residential Zoning Heritage Conservation Terrace Building ft Comprises 6 tasteful units I Fully Tenanted with each with bathrooms/ kitchenette/wood floors ft Ground floor restaurant with grease trap ft Four and a half
      100 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      213 30 KnightFrank.com.sg For Sale By Tender Existing 115 Rooms Hotel D15 Eunos Rd 8 Singapore Post Ctr Lebar Sq (U/C) Paya Paya Lebar MRT Tg Katong Cplx Sims Ave GLS Reserve Site Geylang Serai Geylang Serai (U/C) Wisma Geylang Serai Mkt FC Tg Katong Rd Changi Rd City Plaza Joo Chiat
      213 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 2
      161 30 /7av\ Jones Lang \JJ IJJ LaSalle Real value in a changing world FOR SALE BY TENDER Opportunity to acquire 21% strata interest in a freehold commercial property in Orchard Road Total strata area of 128,069 sq ft Prime location at the corner of Orchard Road and Claymore Road Potential for
      161 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 3
      157 30 B1 INDUSTRIAL SPACE FOR SALE 2 Factory Units approximately 1216 sq ft each at Mactech Building, 2 Kallang Pudding Road Freehold Regular Floor Design for Flexible Space Planning Separate Lift Lobbies for Passengers and Goods Separate Parking for Cars and Goods Vehicles Expressions of Interest Closing: Friday 22 February 2013
      157 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      496 31 -'Tina/ Release Exclusive London apartments www.colliersresidential.com/4018 LONDON BRIDGE LONDON BANK OF THE MORE THE FINANCIAL CITY THE QUARTER BRIDGE ENGLAND MONUMENT LONDON HEART OF HALL GHERKIN THE SHARD STATION THE CITY i iy- Prices EKiyf r: i:-££S TOWER OF TOWER LONDON BRIDGE tsmm waM THE ARC TOWER BRIDGE SE1 New
      496 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      390 32 fti «-"il rill i ■UU liliii' I tip:III I S|yw ■kiItI ii lit ifiji nil Mil uau n i i>l 1 I Ilium WML ““S'I Tail I niiIII I J Ir ■inPlBii ii (I Ill'll I I IV ii IW I r in iili|ri iii m lr I! 11 II
      390 words