The Business Times, 8 February 2013

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Microfilm: NL32491
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Friday, February 8, 2013
    25 words
  • Article, Illustration
    Lock icon Govt underlines risk of foreign worker freeze
    820 1  -  Economy may go into a tailspin, it says; SNEF says move will cost S’poreans jobs By LEE U-WEN [SINGAPORE] After four days of intense debate, multiple speeches by ministers and backbenchers and a frank airing of diverse views, a surprising consensus has emerged
    820 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,261.77 (-14.76) HST INDEX FUTURES 3,262.00 (-15.00) HSIMSCI 368.44 (-1.33) HSIMSCI FUTURES 368.00 (-1.20) US$ S$ US$ (S$ per US$) 1.239 (US$/S$ per 1.566 1.940 EURO (US$/S$/€) 1.353 1.675 Foreign currency per US$ S$ YEN 93.50 75.50 RM 3.095 2.499 HK$ 7.755 6.261 BAHT 29.76 24.03 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Thursday Change KL COMP 1,619.57 +5.43 NIKKEI 225 11,357.07 -106.68 HANG SENG 23,177.00 -79.93 SET INDEX 1,499.81 -0.54 JAKARTA COMP 4,503.15 +4.17 MANILA COMP 6,459.99 +28.64 SEOUL COMP 1,931.77 -4.42 SHENZHEN B 845.01 -9.84 MUMBAI IND 19,580.32 -59.40 11am EST Change DOW 13,885.30 -101.22 NASDAQ 3,141.48 -27.00
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    • Article
      Lock icon PRIME RATES
      18 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 13.840 TAIWAN 5 036 JAPAN 1.475 Source: Bloomberg
      18 words
  • Article, Illustration
    Lock icon SIA still struggling for profits in crowded skies
    622 1  -  Analysts lowering full-year estimates after lacklustre Q3 By VEN SREENIVASAN [SINGAPORE] Singapore Airlines continued to struggle with competition and pricing pressure through the third quarter, posting lower operating profit and revenue. The group, which accounts for 37 per cent of the traffic
    PHOTO: REUTERS  -  622 words
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      Lock icon Page 1 Advertisements Column 1
      118 1 EXECUTIVE LIFESTYLE Pledging high fidelity PAGE 34 COMMENTARY Could a trans-Atlantic trade deal come to pass? PAGE 20 HOCK LOCK SIEW What’s in WBL for UE? PAGE 5 BT PROPERTY CLASSIFIEDS BT’s CATS property feature is now available to BTO subscribers. To subscribe to BT Property Classifieds, email cats8@sph.com.sg PAGES
      118 words
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      6 1 PROPERTY Bath and beyond PAGE 22
      6 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      516 2 Govt underlines risk of foreign worker freeze AFTER four intense days of debate, multiple speeches by ministers and backbenchers and a frank airing of diverse views, a surprising consensus has emerged on several key points surrounding the direction that Ship Singapore is headed in. Both the ruling People’s
      516 words
    • Article, Illustration
      Lock icon Tiger Australia’s Virgin deal hits a hurdle
      545 2  -  Competition panel chief expresses misgivings about impact on market By VEN SREENIVASAN [SINGAPORE] A takeover of Tiger Australia by Virgin Australia could “mute” competition in the Australian domestic market and create a duopoly, according to the country’s competition regulator in a preliminary statement
      PHOTOS: REUTERS, BLOOMBERG  -  545 words
    • Article
      Lock icon Colliers urges urgent relook at industrial sites
      640 2  -  By MINDY TAN [SINGAPORE] As the manufacturing sector modernises into a technology-based, high-value-added engine of the economy, Singapore’s industrial real estate too must evolve. Specifically, urban planners must re-examine landuse zonings, usage definitions, planning parameters, plot ratio norms and regulations, says Colliers International
      640 words
    • Article
      Lock icon Officials seeking rewards exaggerate China’s figures
      604 2 NYT [BEIJING] China has a phantom province that pumped out nearly 5.8 trillion renminbi (S$1.15 trillion or US$925 billion) in gross domestic product last year equivalent to the output of its richest province, Guangdong. How so? Deliberately inflated figures from local officials are largely
      NYT  -  604 words
    • Article, Illustration
      Lock icon Restoring TFR should be a top priority: WP chief
      744 2  -  By ONG CHOR HAO [SINGAPORE] Stop kicking the can down the road. That was the message from Workers’ Party (WP) chief Low Thia Khiang, as he joined in the debate on the Population White Paper yesterday. The MP for Aljunied GRC
      744 words
    • Article, Illustration
      Lock icon Shaky M’sian markets seen with looming GE
      678 3  -  But with fundamentals strong, economy will likely present investors good opportunity, post-elections By in S JAYASANKARAN in Kuala Lumpur EXPECT some volatility in Malaysian assets, especially in the equities and foreign exchange markets, with political uncertainty amid a looming general election. The stock
      PHOTO: REUTERS  -  678 words
    • Article, Illustration
      Lock icon UK broker ICAP finds no link to Libor scandal
      581 3 Internal probe hasn’t unearthed any ‘wash trades’, says CEO Reu ters [LONDON] Brokerage ICAP said it had found no signs of telltale “wash trades” used by banks to reward brokers for their help rigging interest rates, in the firm’s latest move
      Reuters; PHOTO: BLOOMBERG  -  581 words
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      100 3 r m y -6 I i ■~M*r -i Hi ?SSa& Success takes imagination. Every great shot begins as a great thought. It is the same in business, in investment, in life. At the HSBC Women's Champions 2013, we will see shots that make us catch our breath, and cause us
      100 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon StarHub’s Q4 profit falls 5.1% to $87.9m
      511 4  -  Pay-TV subscriber base falls by 5,000 for the quarter, 9,000 for the year By JOYCE HOOI HIGHER operating expenses saw StarHub’s fourthquarter net profit dip 5.1 per cent to $87.9 million, even as revenue grew 6.8 per cent to $654.1 million. While the
      511 words
    • Article, Illustration
      Lock icon Neil Montefiore to retire as StarHub CEO at end-Feb
      286 4  -  By JOYCE HOOI NEIL Montefiore, StarHub’s CEO, is retiring at the end of the month. He will be replaced by Tan Tong Hai, StarHub’s chief operating officer, the group said yesterday. “I just turned 60 recently and I think it is
      286 words
    • Article
      Lock icon F&N net assets grow 65% on APB sale
      431 4  -  By KENNETH LIM FRASER and Neave (F&N) said net asset value per share jumped 65 per cent in the quarter ended December, and revealed that the battle for control over the group will cost the company $70 million. The property and beverage
      431 words
    • Article
      Lock icon Hour Glass Q3 profit falls 19% to $14.6m
      267 4  -  By TEO SI JIA LUXURY watch retailer The Hour Glass stumbled on weak consumer demand in its financial third quarter to record a net profit of $14.60 million, 19 per cent lower than earnings of $18.08 million a year earlier. Earnings per
      267 words
    • Article
      Lock icon Higher trading volumes, one-time gain boost Olam
      563 5  -  Food business grows, industrial raw materials see turnaround in Q2 By ANDREA SOH DESPITE a turbulent second quarter fending off criticism and attempting to plug a lack of confidence in the company, Olam International yesterday reported its second highest quarterly earnings since listing.
      563 words
    • Article
      Lock icon What’s in WBL for UE?
      1005 5  -  HOCK LOCK SIEW By CAI HAOXIANG THE dust has barely settled on the Fraser Neave takeover battle when a second began afresh. Wearnes shareholders have much to cheer about. The company, otherwise known as WBL Corporation, is being courted by The Straits Trading Company (STC)
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    • Article
      Lock icon Dukang Distillers Q2 net profit up 52.5%
      394 5  -  By CAI HAOXIANG BUOYED by increased sales during the festive season, Dukang Distillers shrugged off a slowdown in China’s white liquor industry to post a 52.5 per cent increase in net profit for its second quarter ended Dec 31, 2012. Net profit at
      394 words
    • Article
      Lock icon Olam yet to serve notice on Muddy Waters founder
      298 5  -  By ANDREA SOH ALMOST three months after it filed for a lawsuit against short-selling research firm Muddy Waters and its founder, Olam International said it has not yet succeeded in serving notice on the latter. However, the US-based firm has already
      298 words
    • Article, Illustration
      Lock icon CMA Q4 profit drops 10% on lower fair-value gains
      602 5  -  By MINDY TAN CAPITAMALLS Asia (CMA) posted net profit of $184.8 million for the fourth quarter ended December last year, 10 per cent lower than a year ago, mainly due to lower fair-value gains. Excluding such gains, net profit for the
      602 words
    • Article
      Lock icon SBS Transit net halved in 2012
      348 5  -  By NISHA RAMCHANDANI SBS Transit saw its net profit for the full year ended Dec 31, 2012 nearly halve to $18.55 million compared to the previous fiscal year. This was despite a 5.5 per cent year-on-year increase in revenue to $792.27 million as revenue
      348 words
    • Article
      Lock icon M&A outlook bright in 2013: KPMG
      389 7  -  Tide is turning, confidence rising in almost every country, it finds By KENNETH LIM APPETITE is finally catching up with capacity when it comes to dealmaking among the world’s largest companies, KPMG said in a study. Global appetite for mergers and acquisitions (M&A), as
      389 words
    • Article
      Lock icon Overseas Education ends trading debut higher
      398 7  -  By ANDREA SOH THE first listing on the Singapore Exchange mainboard this year ended its trading debut 30.2 per cent higher than its offer price of 48 cents. After opening at 59.5 cents, its low for the day, the stock of Overseas Education the
      398 words
    • Article
      Lock icon Mercator expects to post Q3 loss
      167 7  -  By LEE MEIXIAN DRY bulk shipping firm Mercator Lines (Singapore) Ltd yesterday warned shareholders that it expects to record a net loss for its third quarter and nine-month period ended Dec 31, 2012. It attributed its likely drop in profits to loss on sale
      167 words
    • Article, Illustration
      Lock icon Sembmarine inks $900m LOI with Norwegian client
      231 7  -  By LYNN KAN SEMBCORP Marine kicks off the year with its first contract win: a $900 million offshore fixed-platform topside that will head to the Norwegian continental shelf in the North Sea. SMOE, a Sembmarine subsidiary with a yard at Admiralty West, signed
      231 words
    • COMPANY BRIEFS
      • Article
        Lock icon CapitaLand in China waterfront site deal
        68 7 CAPITALAND Ltd has struck a deal with the Guangzhou municipal authorities to develop the first phase of a waterfront site. The Chinese side will be progressively paid some 2.04 billion yuan (S$405 million) as compensation for plots of land, and in turn will hand
        68 words
      • Article
        Lock icon Jaya Hldgs’ Q2 profit surges to US$6.5m
        48 7 JAYA Holdings’ net profit for its second quarter ended Dec 31 has soared to US$6.5 million from US$1 million a year earlier. Revenue rose to US$108.5 million from US$14.2 million, boosted by the sale of two vessels which added US$83.3 million.
        48 words
      • Article
        Lock icon Parkson Retail Asia’s Q2 profit dips 3.3%
        73 7 PARKSON Retail Asia Ltd’s net profit for its second quarter ended December 2012 has fallen 3.3 per cent to $13.2 million from a year earlier. Revenue was up 2.2 per cent at $122.1 million. Delayed festive spending owing to the late start of
        73 words
      • Article
        Lock icon Nera Telecom posts 36% drop in Q4 profit
        43 7 NERA Telecommunications Ltd has posted fourth-quarter net profit of $3.87 million, down 36 per cent from a year earlier. Turnover fell 5.3 per cent to $45.4 million. It announced a final dividend of four cents.
        43 words
      • Article
        Lock icon KSH Holdgs’ Q3 profit surges 179% to $8.1m
        54 7 KSH Holdings Limited yesterday reported a 179 per cent surge in third-quarter net earnings to $8.1 million on the back of a 71.4 per cent rise in revenue to $52.2 million. For the nine months ended Dec 31, net profit more than
        54 words
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      Lock icon Page 4 Advertisements Column 1
      192 4 LOOKING FOR A PROPERTY NEAR AN MRT STATION? Home > Properties Near MRT Stations For Sale Properties near MRT Stations WHAT’S NEW jj? STProperty Seminar 2013 <newi| fSJ Financial Guide < NEW! I Deal 2 Win Contest Q Properties near MRT Stations Properties near Schools STProperty.sg lets you home in
      192 words
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      655 5 NutritionPark.com Longest Warranty! Lowest Prices! ULTIMATE NUTRITION PROSTAR WHEY PLATINUM SERIES (5LBS) UqH 25g of protein, 6g of BCAA, 2g of corbs per serving. 80 servings per tub. GREEN MAGNITUDE i^Bj(1.84L8SJ UP $178.50 Patented formula to improve strength, stamina, performance and muscle mass. SUPREME 5LBS) </?5 90 b$105 PURPLE WRAATH
      655 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Market weakens after 1-day respite
      619 6  -  ST Index falls 14.8 points, while the broad market posts only 168 rises against 336 falls STOCKS R SIVANITHY Senior Correspondent Distinct signs of tiredness emerged in yesterday’s trading as the Straits Times Index (STI) dropped 14.76 points at 3,261.77 ahead of the upcoming long
      Source: Bloomberg  -  619 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 6 Feb 7 VALUE CLOSE BT OB/OS 224.00 -217.00 BT CADI -*****.00 -159.00 BT 10-day MA -*****.00 +22.00 FTSE ST Mid Cap 809.22 -3.83 FTSE ST Small Cap 568.18 -3.18 FTSE ST All Share 803.97 -3.71 FTSE ST China Top 228.67 -2.51 FTSE ST China 261.99 -1.91 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      51 6 VOLUME IPCO Intl 305,390,000 Jasper 162,148,000 ElektromotiW*****0 159,430,000 ChinaNTown 134,955,000 Cedar 108,209,000 MDR 97,996,000 Ntegrator 88,344,000 CCFH 84,298,000 WE Hldgs 81,485,000 Plastoform 73,414,000 VALUE($) DBS Grp 111,308,940 SingTel 108,175,145 Genting SP 87,786,405 Wilmar 47,573,558 CapMallsAsia 43,329,206 JMH 42,876,013 CapitaLand 42,102,475 GLP 38,119,719 OverseasEdu 37,082,155 Noble Grp 33,854,535
      51 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 13 2 0 0 0 2 13 2 Manufacturing 38 84 35 8 10 10 46 94 45 Commerce 15 38 13 3 8 2 18 46 15 Tpt/Stor/Comms 10 28 5
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 42,064 42,064 41,670 41,670 Manufacturing 630,096 323,228 953,324 268,346 10,948 279,295 Commerce 289,626 153,188 442,814 138,693 11,899 150,592 Tpt/Stor/Comms 134,410 15,277 149,687 207,419 5,415 212,834 Finance 88,204 11 88,215 193,921 4 193,925 Construction 418,552 62,863
      123 words
    • Article, Illustration
      Lock icon BROKERS’ TAKE
      884 6  -  Compiled by JOYCE HOOI CapitaMalls Asia Feb 7 close: $2.08 OCBC Investment Research, Feb 7 CAPITAMALLS Asia (CMA) reported Q4 2012 profit after tax and minority interests (Patmi) of $184.8 million decreasing 10 per cent y-o-y mostly due to lower fair-value gains from its properties in China and
      Source: Bloomberg  -  884 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      114 6 Stock name Close Change CapMallsAsia 2.080 -0.090 CapitaLand 3.860 -0.040 CapitaMall 2.120 -0.020 CityDev 11.52 +0.020 ComfortDelGro 1.900 -0.010 DBS Grp 14.95 -0.010 F&N 9.430 -0.010 GLP 2.700 -0.060 Genting SP 1.555 +0.015 Golden Agri 0.635 -0.005 HK Land 7.950 +0.030 IHH Healthcare 1.305 -0.010 JMH
      114 words
    • Article, Illustration
      Lock icon Asian interest, macro funds help euro
      441 6 CURRENCIES Reuters [LONDON] The euro rose yesterday on interest from Asian sovereign investors and macro funds, but many refrained from aggressive buying as they anticipated European Central Bank (ECB) comments on its strength. The euro was little changed after ECB kept interest rates on
      Reuters; PHOTO: BLOOMBERG  -  441 words
    • Article
      Lock icon RISES
      110 6 BY CENTS CLOSE UP GLD 10US$ ***** 91.7 0.5 DBS Bk 4.7% NCPS 100 ***** 60.0 0.6 DBXT MSJAP 10US$ 3916 49.5 1.0 Jardine C&C 5200 38.0 0.7 DBXT FTVietnam 10US$ 2762 32.2 1.0 STXPO 100 560 18.0 3.3 DairyFarm 1329 14.9 0.9 UOB 5.05%NCPS 100 ***** 10.0 0.1
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    • Article
      Lock icon FALLS
      122 6 BY CENTS CLOSE DOWN JMH 6062 -162.3 -2.1 DBXT Nifty 10US$ ***** -127.6 -0.9 JSH 3809 -73.1 -1.5 Lyxor China H 10US$ 1521 -37.2 -1.9 SIA 200 1112 -23.0 -2.0 Wilmar.ES.1302 361 -22.0 -5.7 DBXT DBCBDJUBS 10US$ 3323 -21.1 -0.5 SIA 1115 -20.0 -1.8 DBXT MSCHINA 10US$ 1251 -18.6
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
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      Lock icon Page 7 Advertisements Column 1
      434 7 m Wishing you a :appy lunar NEW YEAR tmj $5 MILLION Reunion Draw Fri, 8 Feb 2013,9.30pm Visit www.singaporepools.com.sg for details. Ip AVrfe Alwa V s Pl a V w 't h care. Do not bet illegally. RGB Reg No: *****0202G m mm v Savour the flavours of Sprin Usher
      434 words
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      5457 8 THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. If Noteholders are in doubt about any aspect of the Proposal (defined below) and/or the action they should take, they should seek their own financial advice immediately from their stockbroker, bank manager, solicitor, accountant or other independent financial adviser.
      5,457 words
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      5226 9 I. Notice of Results Notice of the result of the voting on the Extraordinary Resolution shall be given to the Noteholders, the Trustee and the Issuing and Paying Agent by the Issuer as soon as reasonably practicable and in any event, not later than 14 days after the conclusion of
      5,226 words
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      4855 10 2. A Noteholder not wishing to attend and vote at the Meeting in person may deliver a Voting Certificate or Voting Certificates to the person to whom he wishes to attend on his behalf or give a Voting Instruction (on a Voting Instruction Form) instructing the Issuing and Paying Agent
      4,855 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Singapore still business friendly: FM Global CEO
      471 11  -  Commercial property insurer remains committed By MA XIANGYU AT A TIME when firms are no longer seeing withdrawal from Singapore as untenable, FM Global and its CEO, Shivan S Subramaniam, remain steadfast in their belief that Singapore remains a great place to do
      471 words
    • Article, Illustration
      Lock icon WEworkz reworks army camo into bags
      239 11  -  By TEO SI JIA DECOMMISSIONED army uniforms have gone greener after a group of home-based women gave them a new life by turning them into tote bags and clutches. Some 80 women were involved in the business venture under a social programme of the
      239 words
    • Article
      Lock icon Move to raise audit quality for small and medium firms
      273 11  -  Accounting body to review processes, give advice and share best practices By LIM JIA YING THE Institute of Certified Public Accountants of Singapore (ICPAS) has launched a programme to raise the quality of audit work among small and medi-um-sized accounting
      273 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon HDB awards tender at Commonwealth Ave
        79 11 THE Housing Development Board (HDB) has awarded the tender for a land parcel at Commonwealth Avenue to a joint venture involving Hong Leong Group’s Intrepid Investments, City Developments unit Verwood Holdings and Hong Realty. The group put in the highest bid of nearly $562.82
        79 words
      • Article
        Lock icon Quantum launches live traffic info service
        79 11 HOMEGROWN Quantum Inventions has launched a map-based traffic information service that provides real-time traffic data for motorists in South-east Asia. Called mapSYNQ, and available on the web and mobile, it pushes out relevant traffic information to the user based on his current location and
        79 words
      • Article
        Lock icon Autodesk tools for secondary students
        101 11 AUTODESK Inc has signed a memorandum of intent (MOI) with the Infocomm Development Authority of Singapore (IDA) to enable over 200,000 secondary school students to access Autodesk’s professional grade design software. This is the first time IDA has partnered a software company to provide mentoring
        101 words
    • Article, Illustration
      Lock icon Healthcare bills here seen rising 11% a year
      390 11  -  Larger population, and the elderly will double spending by 2018 to US$22.3b: Frost Sullivan By LYNN KAN HIGHER demand for disease treatments by Singapore’s larger population and elderly will swell the city-state’s healthcare spending by 11 per cent each year until 2018,
      Source: Frost & Sullivan  -  390 words
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      11 11 CATS Recruit The first step on your ladder to success CLA/AUG06/g
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      24 11 klSS92 FM ra CATCH THE NISSAN KISS 92 KISS MOBILE TUNE IN TO KISS 92 TO FIND OUT WHERE WE’LL BE! kiss92.sg facebook.com/kiss92fm Q@kiss92fm
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      58 11 FEB ISSUE OUT NOW! nmm.' hTC IB K search maps X TESTED REVIEWED PROJECTORS OFFICE laES S3 IN THIS ISSUE TOP SMARTPHONE GPS APPS THE NEW MICROSOFT OFFICE GAMING HEADSET COMPARED BUSINESS PROJECTOR TESTED hwm digital edition is available on iPad Android Visit www.hardwaremag.com for more info V'50%'- offl-year digital
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Overhaul of forex forward rates in S-E Asia looms
      746 12 Central banks said to be in talks on reforms following manipulation probes Reuters [JAKARTA] South-east Asian central banks are in talks to overhaul the way reference rates for offshore currency derivatives are set following investigations by banks in Singapore that found
      Reuters; PHOTO: REUTERS  -  746 words
    • Article
      Lock icon Telkom seeks merger partner for its tower unit
      283 12 Reuters [JAKARTA] PT Telekomunikasi Indonesia, the country’s biggest telecoms firm, is considering merging its tower unit with a listed telecom firm as it moves to expand its tower business, an official said yesterday. The plan, if successful, will create the biggest telecom
      Reuters  -  283 words
    • Article
      Lock icon Khazanah theme park unit may go for Bursa listing
      430 12 CEO has said that funding is needed for future projects [KUALA LUMPUR] Khazanah Nasional Bhd may list its leisure and tourism arm, Themed Attractions and Resorts Sdn Bhd, on Bursa Malaysia. This is one of the “strategic business opportunities” that Khazanah
      430 words
  • Page 12 Advertisements
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      552 12 Moving Your Business Communication One Step Closer to Success Who should attend: Marketing PR Consultants, Senior and Middle Management, General Management, Sales Business Development Managers and Customer Service Personnel Supervisors. 2013 FEBRUARY SERIES &L r/AN J r i'j. affiiBa Awarded Best in Cross Media Advertising (Silver) for Asian Digital Media
      552 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon China flags concern for inflation
      375 13 Monetary easing by other nations may push up commodity prices, says central bank Bloomberg [SHANGHAI] China’s central bank signalled concern about inflation risks and said that monetary easing by nations, including the US and Japan, may push up commodity prices and make global capital flows
      Bloomberg  -  375 words
    • Article, Illustration
      Lock icon Market gains, disasters seen in the Year of the Snake
      596 13 Re uters [HONG KONG] The coming Year of the Snake will see financial markets slither higher as optimism grows, although the risk of disasters and territorial disputes in Asia also looms, say practitioners of the ancient Chinese art of feng
      Reuters; PHOTO: AFP  -  596 words
    • Article
      Lock icon India’s FY 2012-13 growth could be worse than expected
      466 13 Reuters [NEW DELHI] India’s slowest growth in a decade could be worse than anticipated, as preliminary data released yesterday showed the economy set to have grown 5.0 per cent in fiscal year ending next month, underscoring the urgent need for reforms
      Reuters  -  466 words
    • Article
      Lock icon China shows the yuan-ETF way to its stock market
      367 13 Reuters [HONG KONG] China is expected to allow brokerage firms and banks to enter the mainland stock market via exchange-traded funds (ETFs) denominated in yuan, a move that would terminate the monopoly of mutual fund companies in the fledgling market. Market
      Reuters  -  367 words
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      597 13 KAN NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices United Envirotech Ltd (Incorporated in Singapore on 9 July 2003) (Company Registration No. *****6466G) Notice Of Extraordinary General Meeting NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the "EGM") of United Envirotech Ltd. (the "Company") will be held on 11 March
      597 words
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      467 13 THAI ONN PAWNSHOP PTE LTD (Incorporated in Singapore LIEN No. *****0206M) LOST SHARE CERTIFICATE NOTICE is hereby given that the following share certificate has been reported lost. Name of holder Certificate No Number of shares Yeow Keh Fan Ngau Keh Fan 104 20,000 NOTICE is also hereby given that new
      467 words
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      916 13 YOMA YOMA STRATEGIC HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****0185E) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at The Straits Room, Level Four, The Fullerton Hotel, 1 Fullerton Square, Singapore *****8 on
      916 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon December machinery orders soar for Japan
      428 14 Third consecutive month of increase; companies expect even better Q1 Re uters [TOKYO] Japan’s core machinery orders surged unexpectedly in December, up for a third straight month and firms expect more improvement in the first quarter, taking heart from recent yen weakness on the
      Reuters; PHOTO: AP  -  428 words
    • Article, Illustration
      Lock icon EU investment spending may face cuts in clash over budget
      748 14 Bloomberg [BRUSSELS] A promised European Union investment budget to modernise the recession-hit economy is set to be scaled back in a bonfire of competing national demands. Spending on cross-bor-der transport, energy and research projects was chopped in a first round
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      Lock icon Ireland liquidates failed bank for ECB debt deal
      913 14 Long-term govt bonds will replace IBRC’s IOUs Reuters [DUBLIN] Ireland’s government rushed through emergency legislation early yesterday to liquidate the failed Anglo Irish Bank as it tries to secure a deal with the European Central Bank to ease the country’s debt burden.
      Reuters; PHOTO: AP  -  913 words
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      178 14 In the matter of The Companies Act (Cap. 50) and In the matter of Cross Marketing Services Pte Ltd (In Liquidation) Reg. No. *****4593R Notice of Resolutions Shareholder's Written Resolutions passed pursuant to Section 184A of the Companies Act, Cap 50 on 28 January 2013. Special Resolution a) That the
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      57 14 The Finder Singapore The Essential Expat Magazine H www.TheFinder.com.sg e inaer SHOPPING RESTAURANTS FURNITURE TRAVEL WELLNESS SMOOTH OPERATORS HOW TO SUCCEED IN A PARTNERSHIP YOUR 2013 HOROSCOPE ENCHANTING GETAWAYS, afternoon 1DELIGHTS high lea HAVENS SEEPAGE32 h Finder JKOBUMD wm Spin Ci GREATi ...meet Lion Joel Fraser FREE DOWNLOAD Available On
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  • WORLD
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      Lock icon Banks’ legal troubles turn into windfall for lawyers
      837 15 On top of penalties, bills piling up from lawyers, accountants, other advisers NYT [LONDON] The sprawling investigations into interestrate manipulation, money laundering and inappropriately sold products, while bad for many London-based banks, have turned into a goldmine for lawyers, accountants and other
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    • Article
      Lock icon Problems surface in Thai rice subsidies
      747 15 Reuters [BANGKOK] Thailand’s generous rice subsidy scheme has hit funding problems, marking a new threat to a policy that wins millions of rural votes for the government, but which has generated huge stockpiles, sparked graft allegations and unnerved markets. Prime Minister Yingluck Shinawatra came
      Reuters  -  747 words
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      Lock icon WINNING START TO NADAL’S COMEBACK
      203 16 Bloomberg [VINA DEL MAR, Chile] Spain’s Rafael Nadal said the knee that cost him much of last season was holding up after he beat 128th-ranked Federico Delbonis 6-3 6-2 at the Chilean Open in his first singles match on the men’s tennis tour since June.
      Bloomberg; PHOTO: REUTERS  -  203 words
    • Article
      Lock icon US lawsuit against S&P ‘not enough’
      694 16 Govt warned against delay in finding broad solutions WP [WASHINGTON] The Justice Department’s lawsuit against Standard Poor’s (S&P) this week has revived focus on the role of rating agencies in causing the financial crisis. Yet four years after shoddy mortgage investments bearing top grades
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    • Article
      Lock icon Bamital ‘click fraud’ disrupted, searches halted
      697 16 Microsoft, Symantec get court order to seize servers used to run crime ring Reuters [BOSTON] Software makers Microsoft Corp and Symantec Corp said on Wednesday that they had disrupted a global cyber crime operation by shutting down servers that controlled hundreds of thousands of
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      Lock icon JPMorgan Chase reclaims top spot by market value
      538 16 Shares up 11% this year as it recovers from trading loss Bloomberg [SAN FRANCISCO] JPMorgan Chase Co, the biggest US bank by assets, reclaimed the No 1 title by market value as the impact of last year’s wrong-way bet on derivatives fades
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    • Article
      Lock icon Monster posts loss; exits Brazil, Mexico & Turkey
      302 18 Monster posts loss; exits Brazil, Mexico Turkey Reuters [NEW YORK] Online recruitment company Monster Worldwide Inc reported a quarterly loss yesterday and said it had exited its businesses in Brazil, Mexico and Turkey, as it continues to pursue a sale of the full company. Monster shares fell 10 per cent
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      Lock icon ECB to watch impact of strong euro
      727 18 It leaves rate at 0.75%, says euro’s strength is sign of confidence Reuters [FRANKFURT] The European Central Bank will monitor the impact of a strengthening euro on the currency bloc’s economy but said it was not a policy target and showed growing confidence
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      Lock icon UK factory output up the most since July
      407 18 Bloomberg [LONDON] UK manufacturing production had its biggest monthly increase since July last year, boosted by output of machinery equipment and chemical products. Factory output rose 1.6 per cent in December from November, when it fell 0.3 per cent, the Office for
      Bloomberg  -  407 words
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      Lock icon ORCHID FESTIVAL IN LONDON
      60 18 [LONDON] Horticulturist Ashleigh Davis working on a display of orchids at Kew Royal Botanic Gardens in London yesterday. More than 4,500 orchids are being displayed at the Kew Gardens Orchids Festival as well as 550 bromeliads and 350 assorted foliage plants. The festival opens tomorrow and
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      Lock icon Political scandal, economic woes cost Spain at bond auction
      576 18 Reuters [MADRID] Spain’s funding costs climbed at a bond auction yesterday after a corruption scandal among its political elite and concerns over its weak economy tempered investor enthusiasm for its debt. The costs remained far from crisis levels, however, and demand
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      344 15 notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SIMPLER CONSULTING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) (Co. Reg. No: *****7381W) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 16 Collyer Quay
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      408 15 IN THE MATTER OF THE COMPANIES ACT, CAR 50 AND IN THE MATTER OF EOS ENERGY SINGAPORE PTE. LTD. (In Members’ Voluntary Liquidation) Reg No. *****4212M NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 6' h Floor, Bussan Building Annex, 1-1-15
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      407 15 IN THE MATTER OF THE COMPANIES ACT CAR 50 AND IN THE MATTER OF NSTB INCUBATOR FUND PTE LTD (In Members’ Voluntary Liquidation) Reg No. *****0394W NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 250 North [Bridge Road #20-03 Raffles City
      407 words
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      404 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SIRIUS CAPITAL MANAGEMENT PTE. LTD. (In Members’ Voluntary Liquidation) Reg No. *****6123W NOTICE OF RESOLUTIONS Atan ExtraordinaryGeneral Meeting of the abovenamed Company duly convened and held at 1001 Lower Delta Road #01-05 Singapore *****7 on the
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      1344 15 ecoWise ecowise holdings limited Registration No: *****9835C ecoworld better world (Incorporated in Singapore) NOTICE IS HEREBY GIVEN that the 2013 Annual General Meeting of the shareholders of the Company will be held at 17 Kallang Junction #04-03 Singapore *****4 on Thursday, 28 February 2013 at 2,30 p.m. to transact the
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      1465 16 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HONG LEONG FINANCE LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****0003D LOST SHARE CERTIFICATES NOTICE IS HEREBY GIVEN that the undermentioned share certificates have been reported lost, mislaid or destroyed:Registered in the name of Certificate Nos. No. of shares Aseam Malaysia
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  • Page 17 Advertisements
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      352 17 Amazing Gifts When you Subscribe to THE STRAITS TIMES Q cSKk THE STRAITS TIMES The big push for more babies BABY BOOSTERS ii. o «> ta -2 ‘-V. RA] III DUES i DEWED “3 I .a B a PRINT IPAD SMARTPHONES ONLINE SUBSCRIBE NOW AND BRING HOME ONE OF THESE
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      38 18 tablat THE HEARTBEAT OF THE INDIAN COMMUNITY Kumbh Mela in Allahabad draws millions for the ritual holy bath m Indians in Singapore give Vishwaroopam the thumbs up GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
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      26 18 www.omy.sg 0M The complete CNY a Survival Guide 99 V < I Where to eat? What programmes to watch? What to do? Where to seek help? lifestyle.omy.sg
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  • AVIATION/SHIPPING
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      Lock icon Smaller airlines in Indonesia feel the squeeze
      794 19 Batavia’s bankruptcy reflects tough market for budget carriers in Indonesia Reuters [JAKARTA] Indonesia’s economic boom should be a bonanza for airlines clamouring for a slice of the world’s fourth-most populous country. But the bankruptcy of its No 4 airline, Batavia Air, shows how
      Reuters; PHOTO: REUTERS  -  794 words
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      Lock icon Boeing working on 787 battery changes: report
      658 19 Reu ters [NEW YORK] Boeing Co is working on battery design changes that would minimise fire risks on its grounded 787 Dreamliner and could have the passenger jet flying again as soon as next month, the Wall Street Journal reported on Wednesday. Separately,
      Reuters; PHOTO: AP  -  658 words
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      Lock icon TRANSPORT STOCKS
      237 19 SGX '000 Feb 7 S$ +/-Vol CH Offshore '000 Chuan Hup Hldg 0.29 -0.01 173 Cosco Corp 0.93 -0.01 5693 Vol First Ship Lea 0.13 unch 320 Freight Links 0.08 unch 2881 Grand Banks 0.37 -0.02 20 Jaya Hold Ltd 0.71 -0.01 1944 K1Ventures 0.16 -0.01 ***** Keppel
      237 words
    • Article
      Lock icon Cathay cargo to go ‘business class’
      770 19 Higher-end products will help boost revenue, it says Bloomberg [HONG KONG] Cathay Pacific Airways Ltd aims to replicate its busi-ness-class strategy in a cargo trade upgrade. It wants to fly more diamonds and medicines rather than T-shirts. “Similar to the passenger service, we are
      Bloomberg  -  770 words
    • Article
      Lock icon Oil tanker hire costs fall for second session
      365 19 Bloomberg [LONDON] Hire costs for the largest oil tankers fell for a second session as demand slowed to charter ships to haul cargoes of Middle East crude to Asia, the industry’s busiest trade route. Booking rates for very large crude carriers on
      Bloomberg  -  365 words
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  • EDITORIAL & OPINION
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      Lock icon Tech answers to workplace questions
      468 20 EDITORIAL THE White Paper on Population has sparked intense discussion and debate, and rightly so. Its forthright focus on some of the most burning issues facing Singaporeans means that this important Singapore Conversation is bound to play a central role in the shaping of policies
      468 words
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      Lock icon Similarities with Japan are troubling for the US
      799 20  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group JAPAN’S new prime minister, Shinzo Abe, is trying to revive the country’s flagging economy, and we could all learn from the exercise. You may recall that, in the 1980s, Japan was widely
      The Washington Post Writers Group  -  799 words
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      Lock icon Could a trans-Atlantic trade deal come to pass?
      1049 20  -  The US has been trying to revive an old idea of negotiating a free-trade area with the EU LEON HADAR Washington Correspondent MUCH of the attention of Washington’s trade analysts during President Barack Obama’s first term in office was focused on negotiations,
      PHOTO: AFP  -  1,049 words
    • Article, Illustration
      Lock icon No longer just a question of paying taxes
      1631 21  -  There are other factors to consider such as CSR, public relations, social media, etc By GAVIN HELMER The writer is partner, PwC LLP THE recent Starbucks tax story in the UK has been interesting in so many ways. Who would have thought
      PHOTO: REUTERS  -  1,631 words
    • Article
      Lock icon Managing cross-cultural teams
      770 21  -  Today, global virtual teams are the norm, regularly collaborating across borders through various technologies By ERIN MEYER The writer is Insead organisational behaviour professor and programme director of executive education programme managing global virtual teams Technology is changing the way companies conduct business worldwide. Tools such as
      770 words
    • Article
      Lock icon Need to tweak policies on productivity and workforce
      1078 21  -  LETTER TO THE EDITOR Abhijit Ghosh Partner PwC Services LLP (Singapore) THIS refers to The Business Times editorial of Feb 6 on the White Paper on Population. The editorial focused on the concerns of local businesses about proposals to cap workforce growth
      1,078 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Bath and beyond
      1400 22  -  Nowadays, a bathroom is more than a place where you take a shower and brush your teeth. It’s also a personal sanctuary that lets you escape from the hustle and bustle of the world outside By LISA-ANN LEE WHEN you return home after a hectic day at
      DESIGN INTERVENTION PHOTO: JO ANN BERNABE  -  1,400 words
  • Page 22 Advertisements
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      153 22 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D04 HOUSE FOR SALE COVE DRIVE Cove Dr. Sentosa. *****/ 8035 sqft. Colonial style design. Can park up to 10 cars. 4 bdrms ensuite. Facing golf course. $33M negotiable D04 HOUSE FOR SALE TROPICA BUNGALOW New tropical bunglw 7800/9500 sqft. 5+1 $17.Xm.
      153 words
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      127 22 D10 HOUSE FOR SALE EWART PARK GCB. Perfect plot location! Opulent design. Unique. Land ***** sf. Pk 10 cars. Elevated. Huge compound. Pool. Entertainment rms 9171 5812 Teo D10 HOUSE FOR SALE EWART PARK Good class bungalow. Land 38,000 21,000 sq.ft, Large garage, pool. Greenery, Quality details. Call Chris 9833
      127 words
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      122 22 D11 21 HOUSE FOR SALE BARKER ROAD Enjoy 2013! Move into D.11 new resort living! Sale or Rent. SMS *****888 sgproperties@live.com.sg D11 21 HOUSE FOR SALE VANDA Vanda Nice! Rectangle elevated 2-storey charming bungalow. 9500 sqft. 5+1. Move in. Act fast! Sherry 9735 3597 D11 HOUSE FOR SALE BARKER ROAD
      122 words
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      132 22 D17 HOUSE FOR SALE TOH ESTATE Lucky House 8! for new year F’hold. 2-storey. Rebuilt in 2005! Land 3938sqft 3396sqft built in. Brenda *****448 GPS D19 HOUSE FOR SALE COLCHESTER GROVE Auction 28 Feb 13. 2½ storey Inter-terrace. Approx. 2710/ 4900 sf. 999 years (selling uncompleted) Tricia *****668 Jones Lang
      132 words
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      125 22 D20 HOUSE FOR SALE ANG MO KIO AVENUE 5 Freehold. 118 units of Terrace Semi-d. 3-storey basement. Private lift. Pool. Good schs. Nex Mall. Register your interest now! Call for floor plans D20 HOUSE FOR SALE JALAN LEBAN Off Upper Thomson Road. Single Storey corner terrace. Land 3434 sqft. Good
      125 words
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      254 23 D25 HOUSE FOR SALE PINEWOOD GROVE Bungalow, immaculate, 4+1, ensuites. Serene. Good yield, value. Tenanted/ vacant. Near Singapore American Sch. Don’t miss! Tardas 9450 7688 D27 HOUSE FOR SALE BUNGALOW Why Go Malaysia? Bungalow Sembawang, Resort Lifestyle Living, Sea/ Park, Land 4500sft Ask $9xxpsf. Hurry Call Daniel 9697 8025 D01
      254 words
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      281 23 D04 APARTMENT FOR SALE THE INTERLACE The Interlace TOP end 2013 Fantastic Disc 10% +10%!!! Penthse, sea/city view fr $4.2M 3154sf 6308sf/ Garden Hse fr $2.8m Only fr $850 psf 2896 3886 f D05 APARTMENT FOR SALE NORMANTON PARK Rarely avail 3-bdrm unit in low rise blk. Renovated unit, quiet
      281 words
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      Lock icon Page 23 Advertisements Column 3
      258 23 D10 APARTMENT FOR SALE D’LEEDON Near MRT. Best Investment. Special disc fr 10%15%! Fr $12xx psf. Good co-broke comm. Rosalind Lim 9783 1136 D10 APARTMENT FOR SALE D’LEEDON Special disc up to 10% New Units released! 400 units sold in 2 mths! Unbelievable Price fr $804psf UP! 1 4bdrms. Book
      258 words
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      246 23 D15 APARTMENT FOR SALE FLAMINGO VALLEY Freehold 1 bdrm $816k, Penthouse $1.85m. Prestigious condo in Siglap by famous architect!!Masaki Miyake. Last 20 units, est TOP end 2013’ D15 APARTMENT FOR SALE PEBBLE BAY Pebble Bay. 3+1+1. 2337 sqft. $3.5m. Bay view! Rare unit! High floor! Pack your bags move in!
      246 words
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      Lock icon Page 23 Advertisements Column 5
      241 23 D11 21 HOUSE FOR RENT HILLCREST VILLA Hillcrest Villa 3154 sq.ft 5 bedrooms. Renovated. Immediate. 2 yrs corporate/ personal lease. Visit: www.hotandnewproperty.com. Marie 9685 8095 D11 21 HOUSE FOR RENT ORIOLE CRESCENT Home Sweet Home Oriole Crescent. Modern 2-Sty Bungaolw 6 ensuite rms, lush gdn, open kitchen, big wine cellar,
      241 words
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  • Page 24 Advertisements
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      304 24 D11 APARTMENT FOR RENT TRILIGHT Newton. Brand new. 2rm 1109sqft, #09. $5.9K. 2rm 1270sqft High flr. $5.9K. 3rm, 2099sqft. High flr $8.8K. Many other units available. D12 APARTMENT FOR RENT TREVISTA Studio. 463 sf. Fully furnished. Nice view. Minutes to town/ MRT. Full facilities. Sole Agent 9336 9247 Lawrence Chua
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      159 24 D01 OFFICE FOR SALE SUNTEC CITY Suntec City Tower 2 #15. Face Fountain of Wealth. 3498.3 sqft. F/fitted. Newly renovated. $10M ono D01 SHOP FOR SALE SOUTH BRIDGE ROAD Own a history in S’pore 2 adjoining conserved shop hse 999 yrs. 2/3+ attic 2875/5832sf. Foreigners eligible. 9007 2722 www.chrisproperty.sg D02
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      Lock icon Page 24 Advertisements Column 3
      150 24 D08 SHOP FOR SALE UPPER WELD ROAD 2-storey Shophse (Little India) Freehold 6800sqft. $10M neg. No GST! Ample parking 9686 0678 Wong D09 SHOP FOR SALE ORCHARD ROAD Freehold Clinic Orchard Holland V. 388-480sf. Clinical ready set up From $1.3M. Rent enquiry welcome. D18 SHOP FOR SALE JALAN MASJID Ground
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      Lock icon Page 24 Advertisements Column 4
      250 24 D05 OFFICE SPACE FOR RENT PASIR PANJANG D05. Light Industrial/ Office space for rent. Pasir Panjang MRT. Security, Parking lots. Newly reno, fr 1xxx sf to 5xxxsf. Bare! $2.x Psf Mey *****719 D05 WAREHOUSE FOR RENT CITILINK WAREHOUSE COMPLEX B1 fitted office/ warehouse. 2 floors racks. Windows. 2842 sqft. Modern.
      250 words
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      Lock icon Page 24 Advertisements Column 5
      163 24 D12 WAREHOUSE FOR RENT CT HUB B1 industrial. Brand new 979.52 sqft. Bare unit. TOP soon. Self contained toilet. Near MRT $5K neg D22 FACTORY FOR RENT PENJURU 5-storey B2 Eco Waterfront Industrial Complex, 40ft ramp up/ parking bay, *****-*****sf. 10.1m ht to 4.2m. Affordable prices! Call 9889 8281 PN
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  • Article
    Lock icon SHIPPING TIMES
    2900 25 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 25 Advertisements
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      40 25 TO ADVERTISE. CALI IOE WONG 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 The Business Times Shipping times
      40 words
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      Lock icon Page 25 Advertisements Column 2
      18 25 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
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  • Page 26 Advertisements
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      164 26 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 Can they find your services here in the Shipping Times? The Business Times TO ADVERTISE, CALL JOE WONG AT
      164 words
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      14 26 TO ADVERTISE IN .The Business Times MIL UUJINLJJ IIIVILJ Shipping Times CALL JOE WONG
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3100 27 Transaction date: Feb 7 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 Vol Day Last Quote Div Gr Yld 159.5 99.5 AIMSAMPIReit --AAT High Low Company Sale ('000) High Low Buyer
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      Lock icon SGX CATALIST
      222 28 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 Vol 4.6 1.3 t Advanced System 1.7 unch 3671 1.7 1.6 1.6 1.7 25.3 Last Quote Div Gr Yld Net M Cap High
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    • Article
      Lock icon UNIT TRUST & FUNDS
      7162 28 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FundCl A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.13/ Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Asian Local Ccy SO Bond Global Emerging Markets!** Asian Smaller Cos''* 1 9479/ EM local Ccy Bond
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    • Article
      Lock icon GLOBALQUOTE
      262 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 50 25.5 AVJennings A39 +1 13 39 38.5 38 44.5 3.6 9 3.1 101.6 45 30 Genting HK US$ US42.5 -0.5 7258 43.5 42.5 42.5 43 2798.4
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    • Article
      Lock icon SGX ETF
      922 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 118 +0.3 11 118 118 117.5 118 538.6 135.9 120.4 CIMB APAC Div 100S$D 135.8 134.3 135.3 111.7 95.8 CIMB
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      636 29 Feb 7 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.32 *****.81 *****.62 Mar13 *****.00 *****.00 *****.00 *****.00 *****5 *****9 Jun13 *****.00 *****.00 *****.00 *****.00 526 4081 MSCI TAIWAN INDEX FUTURES SPOT 283.30 285.82 283.30 Feb13 283.80 284.40 282.40 ***** *****3 Mar13 282.50 284.00
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 29 In local curr In S$ In US$ dy yr dy yr dy yr Feb 6 Index Change Change Change Change Change Change World Preliminary 993.1 0.2 5.8 0.1 6.6 0.2 5.2 EAFE Preliminary 821.1 0.5 6.0 0.4 5.8 0.4 4.4 Europe Preliminary 1195.3 -0.3 4.2
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    • Article
      Lock icon INTERBANK CROSS RATES
      470 29 Feb 7 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.029 6.437 0.763 8.007 54.996 100.282 0.965 11.243 3.196 1.234 101.066 41.956 1.279 9.189 0.940 30.505 30.727 0.659 1.033 Canada 0.972 6.257
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    • Article
      Lock icon SIBOR
      66 29 Feb 7 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid
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    • Article
      Lock icon PRECIOUS METALS
      136 29 Feb 7 GOLD(US$/oz) Feb 07 Feb 06 Hong Kong 1684.00 1680.30 Feb 06 Feb 05 London 1675.06 1667.50 1675.83 1668.50 Source: Thomson Reuters CAST BAR Feb 07 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 150 67 5gm 426 334 10gm 761 668
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    • Article
      Lock icon GOVERNMENT SECURITIES
      84 29 Feb 7 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 09-May-13 0.26 6-Month BS*****Z 12-Aug-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*****0S 0.25 01-Feb-13 99.94 5-Year N*****0Z 2.375 01-Apr-17 107.87
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    • Article
      Lock icon PALM OIL
      57 29 Feb 7 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 13 2490.0 2470.0 2490.0 2470.0 85 2139 Mar 13 2509.0 2524.0 2540.0 2508.0 2875 ***** Apr 13 2530.0 2551.0 2567.0 2530.0 ***** ***** May 13 2551.0 2568.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 29 Feb 7 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2787 1.2791 1.0324 1.0326 Canadian dollar 1.2428 1.2434 1.0038 1.0034 Euro 1.6752 1.6756 1.3525 1.3527 NZ dollar 1.0360 1.0367 0.8364 0.8369 Sterling pound 1.9395 1.9399 1.5659 1.5661
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    • Article
      Lock icon CHICAGO BOT
      108 29 Feb 6 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 13 1487.50 1495.50 1495.00 1477.00 May 13 1477.25 1485.75 1485.25 1466.50 Jul 13 1468.50 1476.50 1475.25 1457.25 Aug 13 1439.50 1448.75 1442.75 1430.75 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 13
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    • Article
      Lock icon LIFFE
      80 29 Feb 6 COCOA (£/tonne) Close Prev High/Low Mar 13 1452 1464 1469/1443 May 13 1458 1468 1473/1450 Jul 13 1467 1476 1482/1459 Sep 13 1476 1485 1490/1467 COFFEE(US$/tonne) Close Prev High/Low Mar 13 2069 2066 2076/2047 May 13 2072 2071 2083/2053 Jul 13 2082 2080 2092/2063 Sep 13 2091
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      885 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 724 4.55 15 AlliedTech W*****2 Ratio Asiatravel.com HoldingsW*****7 5 1 25 17 Asiatravel.com HoldingsW*****5 5 1 27 41 BakerTech W*****5 Disc Best World Intl Ltd
      885 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 29 CRUDE OIL PRODUCTS Feb 06 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 115.87 -0.04 WTI (Near Mth) 96.71 0.15 Dubai (1-Mth F) 111.4 0.18 Tapis blend 122.04 0.21 Minas 118.54 0.61 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 111.11 1.55 Jet Kerosene 134.33 1.43 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 29 Feb 7 S$ Bid Offer 1-month 1.2387 1.2388 2-months 1.2387 1.2388 3-months 1.2387 1.2388 6-months 1.2386 1.2387 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 29 Feb 6 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2058.65 2073.00 3 months 2099.00 2112.50 Copper, Grade A(US$/tonne) Cash 8207.75 8232.25 3 months 8245.00 8270.00 Lead(US$/tonne) Cash 2409.25 2447.50 3 months 2422.00 2460.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 29 As at 9am Feb 07 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.308 1.246 Can dollar 1.273 1.213 Euro 1.714 1.633 Sterling pound 1.978 1.902 NZ dollar 1.074 1.014 US dollar 1.264 1.204 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      161 29 Feb 7 $S Offer Bid 0vernight 0.02 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ 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
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  • WINE
    • Article, Illustration
      Lock icon A personal journal of wines with Asian cuisine
      1368 30  -  Instead of washing down spicy Thai, Indian and even Szechuan cuisine with just beer, wines offer a whole wide world of options, writes NK YONG writesNK writesNK YONG IN my callow youth and with the usual accompanying arrogance, the idea of drinking
      PHOTOS: NK YONG, FILE  -  1,368 words
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      72 30 i ,y-asGn'ft--'t a M r M S8P I ST FM SfeHSK w/-4U y c as <■*/ ftfl 'at,, f' ss ii Escape the hustle and bustle for an unforgettable Valentine's night out. Tune in to Kiss92 for your Girls' Night Out! Partner: g a de enasia DOWNLOAD THE KISS92 MOBILE
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  • MUSIC/BOOKS
    • Article, Illustration
      Lock icon Lush ode to Mussorgsky
      572 31  -  By CHRISTOPHER LIM Pictures Alice Sara Ott (Deutsche Grammophon) Rating: B+ MUSSORGSKY’S Pictures at an Exhibition is as much an opportunity for pianists as it is an intimidating benchmark. The piano suite has the unusual ability to communicate with even non-classical folk thanks to evocative melodies
      PHOTOS: DEUTSCHE GRAMMOPHON  -  572 words
    • Article, Illustration
      Lock icon Trumpeting iconic Davis
      787 31  -  Wallace Roney has the legend Miles Davis in his blood, writesCHRISTOPHER CHRISTOPHER LIM LATE jazz trumpeter Miles Davis has been called many things inventive, abrasive, cool and visionary, to name a few but beautiful isn’t usually one of them. Yet beauty is the first word Wallace Roney
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    • Article, Illustration
      Lock icon Tomes grapple with the mysteries of love
      1285 31  -  VALENTINE’S DAY READS By HELMI YUSOF WHAT is love? Since time immemorial, man has pondered the question and come up with some surprisingly cogent answers. Here are 10 books over the centuries that have done a fine job of celebrating, exploring or unlocking
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  • ARTS
    • Article, Illustration
      Lock icon Modernism in the Nanyang context
      619 32  -  Four artists rooted in classical Chinese art techniques and traditions showcase their styles, writeCHEAH CHEAH UI-HOON, HELMI YUSOF Modernism from the Chinese perspective is a rarely explored aspect of Cheong Soo Pieng’s art work since he’s often associated with the Balinese or indigenous local women
      PHOTO: NANYANG ACADEMY OF FINE ARTS  -  619 words
    • Article, Illustration
      Lock icon Chen’s contemporary stance
      692 32 THINK of Chen Wen Hsi and gibbons come to mind. Even those who haven’t seen any of his actual paintings, would have seen his gibbons. But perhaps one may not immediately recall how or where. “All Singaporeans carry him closely; as long as you’ve handled a $50
      PHOTO: MAD MUSEUM OF ART & DESIGN  -  692 words
    • Article, Illustration
      Lock icon French woman’s Chinese oeuvre
      639 32  -  HELMI YUSOF CYNICS may quietly sniff at the idea of a French woman spending 10 years in China to master the art of calligraphy. But if they were to step into the four floors of Art Plural Gallery to examine the works of Fabienne Verdier, they
      PHOTO: HELMIYUSOF  -  639 words
    • Article, Illustration
      Lock icon Ren Zi’s ‘Murakami-meets-Mao’ palette
      414 32  -  HELMI YUSOF COPYWRITER-turned-artistRen Zi spent several years working on his artwork before he felt ready to show them to the world. Even then, he is only showing five of his completed works at a small exhibition next month while he continues working on the remaining 30
      PHOTO: REN ZI  -  414 words
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  • CINEMA/PURSUITS
    • AroundTown
      • Article, Illustration
        Lock icon Stage
        214 33 Krishna: The Dance Musical: Catch Indian actress and choreographer Padmashri Shobana (below) and her group of 14 dancers in this dance musical based on the life of Hindu deity Lord Krishna. Performed in English, the musical will showcase a blend of folk, classical and Bollywood dance. Resul Pookutty, who
        214 words
      • Article, Illustration
        Lock icon Music
        144 33 Luna Sea Asia Tour 2013: The End of the Dream: Japanese rock band Luna Sea will play a gig for the first time in Singapore as part of their reunion world tour. The band is known for their visu-al-kei style, which consists of flamboyant outfits and make-up, and is
        PHOTO: MEDIA 1HKO  -  144 words
      • Article
        Lock icon Festive
        77 33 River Hongbao 2013: Usher in the Year of the Snake by checking out the performances, lantern displays, amusement rides and outdoor food street at this annual Chinese New Year celebration. There will be a fireworks display tonight to open the event, and Prime Minister Lee Hsien Loong will be
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      • Article
        Lock icon Nightlife
        81 33 Transfix presents Dash Berlin Formative: DJ Jeffrey Sutorius better known as Dash Berlin in the trance music scene is back in Singapore to grace the decks of Zouk. The Dutch DJ—pr0ducer was ranked 7th in DJ Mag’s Top 100 DJ s last year, and has done remixes for artistes
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      • Article
        Lock icon Comedy
        103 33  -  Compiled by SARA YAP One Mic Stand with Kumar: if you are out of ideas for Valentine’s Day, impress your date with an evening of humour at local comedian Kumar’s stand-up comedy show. The entertainer is well-known for his drag queen acts and no-holds-barred jokes. Home Club on Feb
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    • Article, Illustration
      Lock icon Jaunty journey to the West
      584 33  -  Stephen Chow’s much-awaited film about the beloved tale has his signature visual jabberwocky stamped all over it yet retells the classic engagingly, writes DYLAN TAN writes DYLAN TAN THE wait for Stephen Chow’s Journey to the West is finally over. He’s been talking about it
      PHOTO: GOLDEN VILLAGE PICTURES  -  584 words
    • Article, Illustration
      Lock icon Deluxe misnomer
      313 33  -  By DYLAN TAN INSTEAD of another All’s Well, Ends Well movie, veteran Hong Kong filmmaker Raymond Wong has come up with a slightly different offering this Lunar New Year. Just don’t expect too much from the all-stars Hotel Deluxe because it’s a makeover and not an overhaul; with
      PHOTOS: SCORPIO EAST PICTURES  -  313 words
    • Article, Illustration
      Lock icon App-etite for romance
      498 33 VALENTINE’S DAY APPS Couple iOS, Android Free WHY would you need a couple app when you already have SMS, WhatsApp, Twitter and Skype? Intimacy, ease and safety. When you use an app that’s only connected to one other person, there’s no danger of accidentally sending sweet nothings
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  • Page 33 Miscellaneous
    • Miscellaneous
      Lock icon Page 33 Miscellaneous Column 1
      317 33 CRYPTIC CROSSWORD Across 1 No bolts when this screw is working? (6,7) 10 First male worker is resolute (7) 11 They take the lead in arrests (7) 12 Improve on the ebbing tide (4) 13 Spent about a pound for cloth (5) 14 New star getting county backing (4) 17
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  • executive lifestyle
    • Article, Illustration
      Lock icon Pledging high fidelity
      1682 34  -  Local indie record shops cash in on a vinyl revival from a new generation of fans enamoured of analogue recordings, reports DYLAN TAN DYLAN TAN WITH CD sales steadily declining, and digital streaming and downloads legal or otherwise becoming the formats of choice for most music listeners,
      PHOTOS: VINYLICIOUS RECORDS, HOUSE OF TURNTABLES, STRAITS RECORDS, FILE  -  1,682 words
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