The Business Times, 12 March 2013
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2013-03-12
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The Business Times
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Title Section25 2013-03-12 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 Tuesday, March 12, 201325 words
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Article, Illustration734 2013-03-12 1 JOYCE HOOI - By JOYCE HOOI [SINGAPORE] It pays to keep your chin up even after two failed takeover attempts, especially for Overseas Union Enterprise (OUE). Now, the property group will be able to look upwards at the tallest building in California that it will734 words
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1167 2013-03-12 1 FELDA CHAY - Firms encouraged to work together for productivity solutions; help process streamlined By FELDA CHAY [SINGAPORE] The government has set up a $90 million kitty to encourage small and medium-sized enterprises (SMEs) to work together and develop productivity solutions. It has also pledged1,167 words
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Advertisement76 2013-03-12 1 PRODUCTIVITY MATTERS Hooked on BizApps PAGE 11 SME Inc WTP: A small firm with big dreams PAGE 10 BUDGET DEBATE Innovate to boost tourism: Iswaran PAGE 2 MAERSK LINE New tonnage can be managed with discipline PAGE 3 jSfy ilEr PATEK PHILIPPE GENEVE Begin your own tradition. i THE HOURGLASS76 words
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Advertisement7 2013-03-12 1 *****4 Markets Digest: Turn to Page 27 words
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TOP STORIES
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441 2013-03-12 2 NISHA RAMCHANDANI - Next phase of growth will have to come from increasing the yield through visitor spend DEBATE ON BUDGET 2013 Reports by NISHA RAMCHANDANI [SINGAPORE] The Singapore Tourism Board (STB) is expecting tourism receipts to hit $23.5 to $24.5 billion this year, while visitor arrivals441 words
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Article, Illustration645 2013-03-12 2 ONG CHOR HAO - By ONG CHOR HAO [SINGAPORE] Developers may have to face a higher set of construction standards for private and industrial developments for new Government Land Sales (GLS) sites than that which is already to be raised over the next two years.Source: Building and Construction Authority (BCA) - 645 words
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Article379 2013-03-12 2 $90m kitty to help SMEs find their way THE government has set up a $90 million kitty to encourage small- and medium-sized enterprises to work together and develop productivity solutions. It has also pledged $18 million in grants to help them finance advisory costs when they seek help379 words
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348 2013-03-12 2 More to benefit from lower contestability thresholds [SINGAPORE] The retail electricity market is being further liberalised, which will help companies better manage their energy costs. The Energy Market Authority (EMA) will lower the contestability threshold for non-residential consumers from the current 10,000 kWh to348 words
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216 2013-03-12 2 [SINGAPORE] By end-March 2014, businesses will receive their payments for wage increases given this year under the Wage Credit Scheme (WCS) without having to file an application. The Inland Revenue Authority of Singapore (IRAS) will manage the WCS together with the CPF Board, said216 words
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Article71 2013-03-12 2 IN “Bigger companies can ride out restructuring stresses: SICC” (BT, March 8), we reported that current tax laws subject remitted profits to taxes, with only a few sectors exempted. The Ministry of Finance has clarified that the Foreign Sourced Income Exemption (FSIE) was introduced in Budget 2003 to exempt71 words
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MARKETS DIGEST
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Article65 2013-03-12 2 GST INDEX 3,292.97 (+3.44) GST INDEX FUTURES 3,286.00 (+3.00) GSIMSCI 370.68 (+0.24) GSIMSCI FUTURES 371.40 (+0.40) US$ S$ US$ (S$ per US$) 1.248 (US$/S$ per 1.494 1.864 EURO (US$/S$/€ 1.301 1.623 Foreign currency per US$ S$ YEN 96.00 76.90 RM 3.111 2.492 HK$ 7.757 6.214 BAHT 29.73 23.82 RUPIAH65 words
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Article48 2013-03-12 2 Monday Change KL COMP 1,657.96 +4.00 NIKKEI 225 12,349.05 +65.43 HANG SENG 23,090.82 -1.13 SET INDEX 1,577.65 +10.73 JAKARTA COMP 4,854.31 -20.18 MANILA COMP 6,813.95 -19.82 SEOUL COMP 2,003.35 -2.66 SHENZHEN B 826.18 -0.81 MUMBAI IND 19,646.21 -37.02 12noon EDT Change DOW 14,414.95 +17.88 NASDAQ 3,242.10 -2.2748 words
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Article22 2013-03-12 2 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 JAPAN 13.369 KOREA 5.036 JAPAN 1.475 KOREA SWITZERLAND BRITAIN INDIA US Source: Bloomberg22 words
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Article, Illustration747 2013-03-12 3 LYNN KAN - Slow-steaming, scrapping and idling can reduce impact of new ships: CEO By LYNN KAN [SINGAPORE] Container carriers will exercise more discipline and make tweaks to their network in 2013 to curb market overcapacity, said Maersk Line global CEO Soren Skou. Mr SkouPHOTO: BLOOMBERG - 747 words
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471 2013-03-12 3 BENJAMIN AW - But it lags in quality of life, along with other Asian cities By BENJAMIN AW [SINGAPORE] Singapore remains a top city of choice for the world’s high net worth individuals (HNWIs), according to a survey in Knight Frank’s annual Wealth471 words
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Advertisement136 2013-03-12 2 S*gS <S*m na v, gaf procreating Unc ertain t- /customer fio n i mtS K* experience g/ 0Aa^C^ '//Yi i Grown. fe stakeholder power 3D P taking ott —r~ <* e l u cce v A 1 Corporate governance 5 overhaul lue &S&. prints nnff J&2 €s\A Why I ...is136 words
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Advertisement116 2013-03-12 3 Buy i ng a property in Malaysia? Enjoy the convenience of financing it in Singapore. Malaysia Residential Property Loan Our Malaysia Residential Property Loan offers you the ease of financing your property purchase right here in Singapore. Besides attractive interest rates, you can benefit from favourable exchange rate movements with116 words
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COMPANY NEWS
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Article477 2013-03-12 4 JASMINE NG - Funds to finance venture into US property market; Neil Bush to be appointed chairman By JASMINE NG PROPERTY developer SingXpress Land is gearing up for a major round of funding to finance its venture into the US property market. The Catalist-listed firm, which will be477 words
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244 2013-03-12 4 VEN SREENIVASAN - By VEN SREENIVASAN TIGER Airways group reported a four percentagepoint increase in passenger load factor in February to 84 per cent as growth in passenger numbers (measured as revenue passenger km or RPK) outpaced capacity injections. RPK grew 42 per cent to 861244 words
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413 2013-03-12 4 RONNIE LIM - By RONNIE LIM SINGAPORE town gas supplier City Gas has set up a joint venture worth about $80 million with Osaka Gas, Japan’s second-big-gest city gas player, to market and sell natural gas to industrial customers here. The move comes413 words
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456 2013-03-12 4 NATHANIEL CHEW - By NATHANIEL CHEW CORPORATE clients are concerned about their banks’ ability to meet their key expectations, Ernst Young’s latest corporate banking survey found. While 63 per cent of respondents said they were highly satisfied with the service provided by their core banking partners,456 words
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502 2013-03-12 5 KENNETH LIM - But one big question is how the group uses the proceeds that it receives By KENNETH LIM SINGAPORE Press Holdings (SPH) shares jumped 14 cents on Monday after the company reiterated its plans to spin off its retail property assets into a502 words
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Article, Illustration379 2013-03-12 5 CARINE LEE - By CARINE LEE WBL Corporation’s net profit for the fiscal first quarter e n d e d D ec 3 1 plunged 74.3 per cent to 2 0 1 2 million a year earlier, deplunged 74.3 per cent to $6.08 million from $23.68 million a379 words
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238 2013-03-12 5 WEE LE TING - By WEE LE TING MAINBOARD-LISTED mDR Ltd, a leading distributor and retailer of mobile telecommunication devices and telecommunication services, has completed an $18.5 million purchase of a Hong Kong and Chinabased leather mobile phone accessories maker and a major Malaysian billboard advertiser. The company238 words
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Article, Illustration357 2013-03-12 5 LEE MEIXIAN - By LEE MEIXIAN SECURUS Data Property Fund, the Syariah-compli-ant investment fund sponsored by Keppel Telecommunications Transportation (Keppel T&T), has bought a 50 per cent stake in a data centre in Dublin, Ireland. Citadel 100 Datacenters became the fifth addition to Securus357 words
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Article, Illustration440 2013-03-12 8 TEH SHI NING - Malaysia is the other market where price performance has also weakened By TEH SHI NING LIQUIDITY inflows and bet-ter-than-expected 2012 results have fuelled price gains for Asean banks so far this year, though Singapore’s banks have not risen as much. A recent equitiesST FILE PHOTO - 440 words
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835 2013-03-12 8 Bloomberg [NEW YORK] Hedge funds cut bets on a commodity rally to a four-year low on signs of surplus supply in everything from coffee to zinc before Goldman Sachs Group Inc said that prices had fallen too far and investors should buy. Speculators reducedBloomberg - 835 words
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294 2013-03-12 8 LEE MEIXIAN - By LEE MEIXIAN OTTO Marine has clinched new orders for building two offshore vessels for US$27.8 million, the first shipbuilding contracts the offshore marine group has taken in almost two years. The two contracts, awarded by “a renowned Indonesian operator” to Otto294 words
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COMPANY BRIEFS
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140 2013-03-12 8 CATALIST-listed Bright Orient (Holding) Ltd said it has about 31.9 million yuan (S$6.3 million) available for distribution to shareholders as it delists. This is after deducting its liabilities as well as costs and expenses incurred in its voluntary liquidation, a solution proposed last year140 words
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88 2013-03-12 8 CHINA Environmental Resources Group posted a net loss attributable to owners of HK$23 million (S$3.7 million) for the six months ended Dec 31, 2012, reversing its net profit of HK$614,000 a year ago. The company has tightened credit control measures, scaled down of plantation88 words
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70 2013-03-12 8 VICPLAS International more than quadrupled its net profit from $1.2 million to $5.4 million for the half year ended Jan 31, 2013. Revenue for the same period shot up 43.6 per cent to $46.4 million, boosted by both its medical devices segment70 words
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Advertisement243 2013-03-12 5 Is the TransAtlantic Trade AgreementDriven by a Fear of Asia? Kishore Mahbubani Susan Schwab Victor Halberstadt When U.S. President Barack Obama delivered his 2013 State of the Union Address, he spoke of the pressing need to push through the Trans-Atlantic Free Trade Agreement (TAFTA). European Union leaders greenlighted the talks243 words
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SINGAPORE MARKETS
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Article, Illustration634 2013-03-12 6 R SIVANITHY - This comes as WE Holdings crashes 47 per cent; ST Index manages a 3.4-point increase STOCKS R SIVANITHY Senior Correspondent THE slump in penny stocks that started in the middle of last week continued yesterday with the local market recording 338 falls against 181 risesSource: Bloomberg - 634 words
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Article75 2013-03-12 6 Mar 11 CLOSE VALUE BT OB/OS -972.00 -202.00 BT CADI -*****.00 -160,00 8T 10-day MA -***** on -97.00 FTSE ST Mid Cap 806.65 •2.98 FTSE ST Small Cap 555,41 -4.02 FTSE ST All Share 808.50 ■0.16 FTSE ST China Top 218.04 -1.36 FTSE ST China 247 3375 words
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Article55 2013-03-12 6 VOLUME WE Hldgs 409,814,000 IPCO Intl 284,834,000 YHM 198,280,000 Cedar 157,399,000 Magnus 132,412,000 Thai Beverage 116,856,000 MDR 113,553,000 Transcu Grp 101,210,000 Golden Agri 97,582,000 Contel 95,770,000 VALUE($) HPH Trust US$ 90,021,190 Wilmar 82,571,800 SingTel 73,309,080 Thai Beverage 72,154,386 Ascendasreit 70,526,440 CapitaLand 70,404,094 Golden Agri 59,500,220 MapletreeGCC 56,434,52055 words
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Article186 2013-03-12 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 8 0 0 0 0 7 8 0 Manufacturing 28 94 33 3 23 8 31 117 41 Commerce 21 31 14 3 10 1 24 41 15 Tpt/Stor/Comms 15 17 9186 words
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Article123 2013-03-12 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 43,658 43,658 67,499 67,499 Manufacturing 642,262 630,600 1,272,862 325,933 13,383 339,316 Commerce 409,867 533,917 943,784 122,910 42,972 165,882 Tpt/Stor/Comms 171,368 16,773 188,141 221,373 6,122 227,494 Finance 61,543 342 61,885 116,121 154 116,276 Construction 367,633 199,109123 words
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Article939 2013-03-12 6 LYNN KAN - Compiled by LYNN KAN Healthcare Sector OCBC Investment Research, March 11 THE healthcare companies under our coverage reported a contrasting set of results during the recently concluded Q4 CY2012 results season. While Raffles Medical Group (RMG) delivered double-digit y-o-y revenue and core profit after tax and minority interests939 words
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Article108 2013-03-12 6 Stock name Close Change CapMallsAsia 2.010 +0.010 CapitaLand 3.530 -0.090 CapitaMall 2.110 +0.010 CityDev 11.250 +0.050 ComfortDelGro 1.900 +0.020 DBS Grp 15.460 -0.030 F&N 9.440 GLP 2.610 +0.010 Genting SP 1.530 Golden Agri 0.605 HK Land 7.350 IHH Healthcare 1.385 JMH 67.000 +0.020 JSH 39.900 +0.290108 words
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Article, Illustration449 2013-03-12 6 CURRENCIES Reuters [LONDON] The US dollar steadied near a 31/2 -year high against the yen and held firm against other major currencies yesterday on increasing optimism over the strength of the US economic recovery. Encouraging US employment data has fuelled speculation that theReuters; PHOTO: BLOOMBERG - 449 words
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Article107 2013-03-12 6 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 200.9 1.5 DBXT FTVietnam 10US$ 2533 73.6 2.4 DBXT FTChina25 10US$ 2988 53.7 1.5 Hyflux 6% CPS 10 ***** 40.0 0.4 JSH 3990 36.2 0.7 DBXT MSCHINA 10US$ 1238 32.5 2.1 DairyFarm 1228 20.0 1.3 Khong Guan 225 17.0 8.2 DBXT107 words
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Article121 2013-03-12 6 BY CENTS CLOSE DOWN DBXT MSKorea 10US$ 5953 -91.1 -1.2 DBXT iBoxxSing 5SG$ ***** -48.0 -0.4 DBXT CSI300 10US$ 808 -22.5 -2.2 IS MSCI Spore 1354 -18.7 -1.1 Jardine C&C 5410 -15.0 -0.3 GLD 10US$ ***** -13.7 -0.1 Wilmar 330 -13.0 -3.8 CIMBAsean40 100US$ 1124 -12.5 -0.9 IS Asia121 words
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Advertisement341 2013-03-12 7 Ads come to life with The Business Times on iPad Advertise on The Business Times iPad for a new dimension in creativity and reader interaction. It is another strategic platform to capture the imagination of your target markets. To advertise, email imark@sph.com.sg BT standard Chartered Win up to hundred dollars341 words
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Advertisement7 2013-03-12 8 www.omy.sg m »A5i«! KSHH. blog.omy.sg/tech fill news.omy.sg7 words
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SINGAPORE NEWS
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462 2013-03-12 9 MALMINDERJIT SINGH - Spending over the last decade has grown an average of about 4% annually DEBATE ON BUDGET 2013 By MALMINDERJIT SINGH EVEN as Asia’s spending on defence continues to escalate, it is important that there are no sharp increases or cuts in Singapore’s own462 words
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364 2013-03-12 9 MINDY TAN - Govt may consider raising the income ceiling, says Khaw By MINDY TAN MORE than 80 per cent of singles above the age of 35 are eligible to buy new Build-to-Order (BTO) flats, said National Development Minister Khaw Boon Wan, even as he364 words
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Article, Illustration312 2013-03-12 9 AMANDA TAN - By AMANDA TAN BT Luxe Night, previously known as BT Wine Night, was an evening to remember with luxury cars and exquisite timepieces on show. Held every quarter, the latest event was hosted on March 7 at main sponsor Infiniti’s showroom. This gavePHOTO: ARTHUR LEE - 312 words
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317 2013-03-12 9 MARIA MALA YOGALINGAM - By MARIA MALA YOGALINGAM MOST of Singapore’s rising rich are likely to save rather than spend their bonus this year, according to a survey by United Overseas Bank (UOB). The rising rich are people in their 30s and 40s317 words
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462 2013-03-12 9 RONNIE LIM - By RONNIE LIM GERMANY’S Lanxess says it remains on track with the scheduled start-up of its 400 million euro (S$645 million) butyl rubber plant here this quarter. The impending start-up of this plant, the first of462 words
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Article, Illustration482 2013-03-12 9 TEO SI JIA - By TEO SI JIA SINGAPORE remains in the second spot for global connectivity after the Netherlands for the fourth year running. This ranking comes out of logistics company DHL’s Global Connectedness Index, which measures a country’s integration into the world economy viaSource: DHL - 482 words
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443 2013-03-12 9 MA XIANGYU - By MA XIANGYU SINGAPORE’S employment outlook for the second quarter, while not as bright as in the corresponding quarter of last year, is nonetheless better than for the first quarter of this year. The latest employment outlook survey by Manpower, a human443 words
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SME Inc
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Article, Illustration1501 2013-03-12 10 FELDA CHAY - WTP owner’s drive to raise sales volume comes amid govt’s productivity push and challenging business conditions, reportsFELDA FELDA CHAY WTP The Furniture Company is a small firm by most standards, but it has big dreams. The 2 5-man outfit with sales under $5 million lastPHOTOS: ARTHUR LEE, KESHAV SISHTA, WTP - 1,501 words
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Article, Illustration908 2013-03-12 10 LEONG KAIWEN - THE VIEW FROM NTU PROFESSORS By LEONG KAIWEN Assistant Professor Leong Kaiwen teaches economics at Nanyang Technological University (NTU) and acknowledges the contribution of NTU student Tan Wenyou for this article ALL great things start small. Take Singapore’s drive to establish itself as908 words
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PRODUCTIVITY MATTERS
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Article, Illustration1396 2013-03-12 11 LYNN KAN - At KG Tan Co, life revolves around a Web-based enterprise resource program, reports LYNN KAN ACCOUNTANCY reports LYNN KAN KG Tan Co could be the typical small and medium-sized public accountancy practice (SMPs) which number several hundred in Singapore, but it isn’t. Inside itsPHOTO: ARTHUR LEE - 1,396 words
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Article, Illustration1165 2013-03-12 11 TEH SHI NING - Its data scientists and consultants flag future trends to help clients understand market changes By TEH SHI NING PHILIP Yuen, chief executive officer of Deloitte Singapore, still recalls the days when debits and credits were punched out by women operating comptometers, thosePHOTO: ARTHUR LEE - 1,165 words
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MALAYSIA/INDONESIA
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437 2013-03-12 12 S JAYASANKARAN - However, trade surplus for the month falls slightly over 60% to RM3.3b By in S JAYASANKARAN in Kuala Lumpur MALAYSIA began the year on a strong note with robust January figures for both industrial production and trade, indicating that the437 words
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Article, Illustration391 2013-03-12 12 Reuters [KUALA LUMPUR] CVC Capital Partners and PT Multipolar Tbk yesterday launched an offering of shares of up to US$1.36 billion in retailer PT Matahari Department Store, seeking to benefit from growing investor appetite for consumer stocks in Indonesia andReuters; PHOTO: REUTERS - 391 words
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412 2013-03-12 12 Work on electrified double track project to end around 2020 [KUALA LUMPUR] Malaysia’s electrified double track project (EDTP), meant to improve the passenger and cargo business, will cost some RM40 billion (S$16 billion) by the time the whole network is completed around 2020.412 words
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Page 12 Advertisements
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Advertisement102 2013-03-12 12 m tcfc if m ■s e EECC Kill 0 rr mmsm J=r S I IBlUBEI ii--. l.F fm r; 'L (!>♦% F-: f\uj^/ U kiSS92 o m S592 ISS92 »=J> o f 1 Ss kiss ■•V >'.?! *s N /> •tx s iSB/' sjk vv 4S>V A getaway at Singapore's102 words
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GREATER CHINA
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789 2013-03-12 13 However, growth in Jan-Feb exports is biggest since 2010, as US demand rises Bloomberg [BEIJING] China’s industrial output had the weakest start to a year since 2009 and lending and retail sales growth slowed, toughening challenges for a new leadership that wants toBloomberg - 789 words
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Article, Illustration558 2013-03-12 13 Reuters AP [BEIJING] China’s central bank governor Zhou Xiaochuan was yesterday elected as a deputy chairman of parliament’s top advisory body, the government said, clearing the way for him to stay on as head of the People’s Bank of China forReuters; AP - 558 words
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Advertisement91 2013-03-12 13 The President’s Design Award is Singapore’s most prestigious award for its designers and designs, in recognition of excellence from all design disciplines. PRESIDENT’S DESIGN AWARD 2012 EXHIBITION Online nominations for the President’s Design Award 2013 are now open till Friday, 19 April 2013, 11 pm. To nominate, please visit www.designsingapore.org/pda.91 words
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INDIA
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Article, Illustration560 2013-03-12 14 High interest rates, slow growth may lead to first annual decline in a decade Reu ters [NEW DELHI] Car sales in India slumped 25.7 per cent in February, the biggest fall in more than 12 years and the fourth consecutiveReuters; PHOTO: REUTERS - 560 words
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361 2013-03-12 14 India using spectrum auctions, stake sales to contain deficit Reuters [NEW DELHI] Sistema Shyam TeleServices, the Indian mobile phone unit of Sistema, won airwaves in eight telecommunications zones in India with its sole bid of 36.39 billion rupees (S$835 million), said R Chandrashekhar,Reuters - 361 words
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Advertisement178 2013-03-12 14 www.stjobs.sg 600,000 jobseekers Kl Hire Mr Right. Hire your ideal employee through STJobs. You can't go wrong when the system is so right: Effective coverage Reach out to close to 600,000 jobseekers Call For Action by Candidates Automated email alerts to matching candidates encouraging them to apply Maximum exposure Enjoy178 words
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ECONOMY WATCH
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Article, Illustration902 2013-03-12 15 Big drop in core machinery orders highlights need for more aggressive monetary policy Reuters [TOKYO] The Japanese government’s choice to lead the country’s central bank promised yesterday to move quickly to implement fresh monetary stimulus to lift the struggling economy, a case underlined byReuters; PHOTO: BLOOMBERG - 902 words
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498 2013-03-12 15 Joint statements to form basis for further cooperation AFP [TAIPEI] Taiwan and the United States agreed to further strengthen economic ties on Sunday as they concluded their stalled trade talks the first since 2007 in Taipei. The meeting was seen as part ofAFP - 498 words
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WORLD
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Article, Illustration798 2013-03-12 16 35 of the world’s largest banks boost staff compensation in ’12 by 10b euros Reuters [LONDON] Compensation at the world’s biggest banks rose last year, with 35 of them spending a combined 10 billion euros (S$16.2 billion) more on staff than in 2011,Reuters; PHOTO: BLOOMBERG - 798 words
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629 2013-03-12 16 Banking Reform Bill needs more teeth, says panel report Reuters [LONDON] Britain should force all banks to split routine retail operations from riskier investment activities if a single lender abuses new rules designed to protect taxpayers, an influential panel ofReuters - 629 words
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460 2013-03-12 16 Reuters [SYDNEY] Australia’s central bank confirmed yesterday that it had been targeted by cyber attacks and that no data had been lost or systems compromised, but would not comment on a media report that a malware virus used in oneReuters - 460 words
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310 2013-03-12 16 Bloomberg [SINGAPORE] Philippine stocks may enter a bull-market rally not seen for two decades, lifted by a “perfect wave of liquidity”, Credit Suisse Group AG said. “Momentum players will ride the wave of everstretched valuations,” Stephen Hagger, a Kuala Lumpur-based analyst at Credit Suisse,Bloomberg - 310 words
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Article, Illustration636 2013-03-12 18 To free up capital, they prefer to sell loans rather than raising equity Reuters [LONDON] European banks are looking to sell billions of euros of loans in 2013 in an effort to clean up balance sheets, comply with capital requirementsReuters; PHOTO: AFP - 636 words
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Article, Illustration622 2013-03-12 18 Reuters [BRUSSELS] Europe has spent hundreds of billions of euros rescuing its banks but may have lost an entire generation of young people in the process, the president of the European Parliament said. Since the region’s debt crisis erupted in Greece inReuters - 622 words
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428 2013-03-12 18 Lenders acknowledge recession’s impact on bailed-out country Reuters Bloomberg [LISBON] Portugal’s international lenders will give the bailed-out country an extra year, until 2015, to cut its budget deficit below 3 per cent of gross domestic product, sources close to the latest lenders’Reuters; Bloomberg - 428 words
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294 2013-03-12 18 Reuters [PARIS] The economic outlook in major industrialised economies is improving with the United States and Japan leading the way, the OECD said yesterday, adding that activity in the eurozone was also picking up. The figures come after news last week that theReuters - 294 words
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451 2013-03-12 18 Bloomberg [DUBAI] Dubai faces a “pivotal year” in 2014 as the emirate tackles US$20 billion of debt amid an unclear legal framework for restructurings and uncertain support from its richer neighbour, Moody’s Investors Service said. “Little progress has been made on clarifying andBloomberg - 451 words
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Article, Illustration1023 2013-03-12 19 Food stamp demand at 10-year high; homelessness up 20% in 2 years AP [SAN JOSE, California] On a morning that the stock market was sailing to a record high and a chilly storm was blowing into Silicon Valley, Wendy Carle stuck her head outAP; PHOTO: BLOOMBERG - 1,023 words
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521 2013-03-12 20 Bacterial infections are evolving into ‘superbugs’ resistant to existing drugs Reuters [LONDON] Antibiotic resistance poses a catastrophic threat to medicine and could mean patients having minor surgery risk dying from infections that can no longer be treated, Britain’s top health official said yesterday. Sally Davies,Reuters - 521 words
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Article, Illustration421 2013-03-12 20 Data bolsters hopes rebound is gathering momentum Bloomberg [FRANKFURT] German exports rose more than economists forecast in January, adding to signs that Europe’s largest economy is gathering momentum after a contraction in the fourth quarter. Exports, adjusted for working days and seasonal changes, advancedBloomberg; PHOTO: AP - 421 words
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561 2013-03-12 20 AFP [ATHENS] Greece’s finance minister held new talks with the country’s international creditors, hours after the Greek reform team was hit by the resignation of two top officials. “We did not conclude something today,” a finance ministry source told reporters after theAFP - 561 words
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Article, Illustration881 2013-03-12 20 Reuters [NUUK, Greenland] Kuupik Kleist’s earliest memories are hunting whales with hand-thrown harpoons. Now, as Greenland’s prime minister, he is feted by Chinese and European leaders as he opens up its untapped mineral resources. A verdict on this country’s transformation comes today, whenReuters; PHOTO: AP - 881 words
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767 2013-03-12 21 Some say govt has strong case while others see significant weaknesses Reuters [NEW YORK] In early 2007, as signs of distress began appearing in securities backed by residential mortgages, executives at Standard Poor’s began advising analysts responsible for rating mortgage bondsReuters - 767 words
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731 2013-03-12 21 Reu ters [NEW YORK] Prominent short-seller David Einhorn raised eyebrows last month when he popped up on Twitter to disavow that he had tweeted about Herbalife Ltd. “Apparently I have a Twitter impersonator,” said the hedge fund manager, adding that he had no plansReuters - 731 words
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Advertisement550 2013-03-12 16 wato notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices MDR LIMITED (Company Registration No. *****9059G) MODIFICATIONS OF DEED POLL AND CONDITIONS OF WARRANTS TO: ALL HOLDERS OF WARRANTS “MDR W*****5” (THE “WARRANTS”) TO SUBSCRIBE FOR NEW ORDINARY SHARES IN THE CAPITAL OF MDR LIMITED (THE “COMPANY’) THIS NOTICE IS IMPORTANT AND550 words
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Advertisement173 2013-03-12 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SIM LIAN (HOLLAND) PTE. LTD. (In Member’s Voluntary Liquidation) Company Reg. No. *****2670C NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 (the “Act”) that the Final Meeting of Members of173 words
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Advertisement214 2013-03-12 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KUTAI ETAM PETROLEUM PTE. LTD. (COMPULSORY WINDING UP) CO. REG. NO. *****3088Z NOTICE OF WINDING UP ORDER In the matter of Kutai Etam Petroleum Pte. Ltd.. Winding up Order made by the High Court on the214 words
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Advertisement178 2013-03-12 16 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF THE EAST ASIATIC COMPANY (SINGAPORE) PTE LTD (In Members’ Voluntary Liquidation) (Co. Reg. No. *****2155D) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Cap. 50) the Final178 words
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Advertisement489 2013-03-12 17 Kagosh ima J a A new standard for premium KAGOSHIMA WAGYU i Kagoshima Brand “KAGOSHIMA WAGYU (Japanese Black Cattle)”: a work of art created by Japan ’s stock-raising kingdom S' Tokyo ka Kagoshima The touchstone in contemporary Japanese cuisine, the term “black” has been the crest for food and beverage489 words
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Advertisement102 2013-03-12 18 CATS CLASSIFIED PROPERTY SEMINAR 2013 OPPORTUNITIES IN PROPERTY INVESTMENTS? Get insights and a glimpse of emerging trends from experts in the real estate industry! Date: 23 March 2013 (Saturday) Time: 9am 1 pm or 2pm 6pm Venue: 30 Biopolis St, Matrix, Level 2 Auditorium Early Bird Ticket Prices (by 13102 words
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Advertisement74 2013-03-12 18 I THE HOT LIST I m SINGAPORE Golf Digest 2013 EQUIPMENT »GUIDE BUTCH'S BEST TIPS FOB DRIVING HSBC WOMEN'S CHAMPIONS PREVIEW TAKE PART IN THE CALLAWAY GOLF CHALLENGE 2013! Play golf and try the new X-Hot range of clubs! MARCH 22, FRIDAY 11.30 AM TO 9.30 PM S$350 PER PERSON74 words
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Advertisement90 2013-03-12 19 u. We take you from Singapore to each of the 7 American cities via Tokyo conveniently without hassles. With ANA’s network, we take you from Singapore to the United States via Tokyo with no hassles. New York, Washington D.C., Chicago, San Francisco, Los Angeles, Seattle and San Jose. For business90 words
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Advertisement102 2013-03-12 20 CATS CLASSIFIED PROPERTY SEMINAR 2013 OPPORTUNITIES IN PROPERTY INVESTMENTS? Get insights and a glimpse of emerging trends from experts in the real estate industry! Date: 23 March 2013 (Saturday) Time: 9am 1 pm or 2pm 6pm Venue: 30 Biopolis St, Matrix, Level 2 Auditorium Early Bird Ticket Prices (by 13102 words
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Advertisement35 2013-03-12 20 The Finder Singapore The Essential Expat Magazine www.Thennder.com.sg FURNITURE TRAVEL WELLNESS WONDER WOMEN BREKKIE iBnde SMOOTH IPERATORS m EAWlD Dream ms iiwv 'iKr FREE DOWNLOAD Available On The App Store MARCH ISSUE OUT NOW! sPHmagazines35 words
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Advertisement2315 2013-03-12 21 KAR3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices FRAGRANCE GROUP LIMITED {Incorporated in the Republic of Singapore) Company Registration No. *****6656M NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Fragrance Group Limited will be held on 28 March 2013 at 9.00 a.m. at2,315 words
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EDITORIAL & OPINION
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502 2013-03-12 22 EDITORIAL THE armed intrusion into Sabah by about 200 Filipino insurgents lays bare both the porous and fragile nature of colonial-era borders. For decades, Sulu islanders have been allowed to travel peacefully between the Philippines and the coastal towns in the East Malaysian state502 words
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Article, Illustration827 2013-03-12 22 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group WE now know the promise and peril of paper wealth. In the last 15 years, the stock market’s convulsions ought to have rattled even hardy investors. Twice after the popping of the “techThe Washington Post Writers Group - 827 words
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Article, Illustration1005 2013-03-12 22 LEON HADAR - Both that and a piece of historic deficit reduction legislation remain up in the air LEON HADAR Washington Correspondent IT’S not Christmas yet. But President Barack Obama and his Republican rivals on Capitol Hill declared a brief ceasefire in the ongoing fiscalPHOTO: AP - 1,005 words
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Article, Illustration1310 2013-03-12 23 TAN TAY LEK, LOH ENG KIAT - S’pore needs to carefully consider and communicate well any tax measures seen as being too ‘pro-big businesses’ By TAN TAY LEK, LOH ENG KIAT The writers are tax partner and senior tax manager respectively at PwC Services LLP IT seems almost a Mayan apocalypse forPHOTO: AP - 1,310 words
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Article, Illustration1064 2013-03-12 23 MARK BUCHANAN - By MARK BUCHANAN The writer, a theoretical physicist and the author of ‘The Social Atom: Why the Rich Get Richer, Cheaters Get Caught and Your Neighbour Usually Looks Like You’, is a Bloomberg View columnist. The opinions expressed are his own Bloomberg ABloomberg; PHOTO: REUTERS - 1,064 words
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AVIATION/SHIPPING
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Article, Illustration501 2013-03-12 24 Move increases its bet on travel surge even as Aquino raises tourism target Bloomberg [MANILA] AirAsia Bhd, South-east Asia’s biggest budget carrier, has bought a 49 per cent stake in Philippine rival Zest Airways Inc, increasing its bet on a surge inBloomberg; PHOTO: AP - 501 words
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Article, Illustration945 2013-03-12 24 NYT [NEW YORK] With the technologically advanced 787, Boeing offered airlines big fuel savings and more comfort for passengers. It also promised something else: the ability to reach just about any airport on the globe without having to stop. Boeing designed the jet to fly 330NYT; PHOTO: AP - 945 words
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Article243 2013-03-12 24 SGX '000 Mar 11 S$ +/-Vol CH Offshore Chuan Hup Hldg 0.27 unch 258 Cosco Corp 0.90 -0.01 1709 S$ Ezra Hldgs 1.09 unch 2223 First Ship Lea 0.13 unch 1815 Freight Links 0.08 unch 4730 Grand Banks unch unch 0 Jaya Hold Ltd 0.69 unch 117 K1Ventures243 words
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308 2013-03-12 24 Advances add up to 14% during run of 8 consecutive gains Bloomberg [LONDON] The Baltic Dry Index, a measure of com-modity-shipping costs, rose to the highest level this year on demand to transport grain cargoes. The gauge added 1.1 per cent toBloomberg - 308 words
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418 2013-03-12 24 Bloomberg [TOKYO] Mitsubishi Heavy Industries Ltd’s aircraft unit is set to reap the benefits of a weakening yen after securing more than US$4 billion of contracts for a new jet when the currency was near a record high against the US dollar. Mitsubishi AircraftBloomberg - 418 words
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Page 24 Advertisements
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Advertisement8 2013-03-12 24 To subscribe, call 6388-3838 or go to sphsubscription.com.sg8 words
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Page 24 Miscellaneous
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Miscellaneous320 2013-03-12 24 CRYPTIC CROSSWORD Across 1 Bad-tempered professional driver when rally’s entered with no friend (6) 4 New branch not working with film (8) 10 Instrument from store regularly found in nuclear facility (9) 11 Small and friendly crowd on the move (5) 12 May, perhaps, honour after British defeat (7) 13320 words
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Article1462 2013-03-12 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/New1,462 words
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Page 25 Advertisements
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Advertisement84 2013-03-12 25 Shipping lines I Can they seeking reliable I find your Igqistittpartners! “the I Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 The Business Times MIL UUJIHUJ IIIVILJ Shipping Times PLACE YOUR AD HERE The Business Times Shipping times CALL JOE WONG AT 9620 1327 PLACE YOUR AD HERE84 words
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SINGAPORE STOCKS
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Article3265 2013-03-12 26 Transaction date: Mar 11 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 164 106 AIMSAMPIReit --AAT High Low Company Sale 75 55 ASL Marine...................................70.53,265 words
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Article175 2013-03-12 27 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 Net M Cap High Low Company Sale (‘000) High Low Buyer Seller Cvr P/E Smil 3.3175 words
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Article10557 2013-03-12 27 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited American Opp 0.8217/ Asian Smaller Cos'** 2 0131/ EM Local Ccy Bond 1.0151/ European Opportunities 1 1 1536/ Global Emerging Markets!** Global Opportunities/'’ 2 0223/10,557 words
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Article249 2013-03-12 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 46.5 30 Genting HK US$ US45 unch 4683 45.5 45 44.5 45 2963 Last 260 181 TanChongInt HK248 unch 21 248 246 246 257 4.3 2.8249 words
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Article939 2013-03-12 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 118.8 -0.1 4 118.9 118.8 118.5 118.8 542.3 136.8 120.4 CIMB APAC Div 100S$D 136.8 136.7 137.6 111.7 95.8 CIMB939 words
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FINANCE & COMMODITIES
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Article614 2013-03-12 28 Mar 11 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.09 *****.95 *****.83 Jun13 *****.00 *****.00 *****.00 *****.00 *****6 *****4 Sep13 *****.00 4 7 MSCI TAIWAN INDEX FUTURES SPOT 287.95 290.62 287.59 Mar13 289.10 290.00 287.60 289.10 ***** *****1 Apr13 289.10 289.40 287.80 288.90614 words
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373 2013-03-12 28 In local curr In S$ In US$ dy yr dy yr dy yr Mar 8 Index Change Change Change Change Change Change World Preliminary 1022.9 0.5 9.0 0.3 9.0 0.1 6.6 EAFE Preliminary 854.1 0.9 10.3 0.2 7.3 0.0 4.9 Europe Preliminary 1241.4 0.9 8.2373 words
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Article471 2013-03-12 28 Mar 11 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.051 6.365 0.787 7.939 55.574 99.156 0.983 11.200 3.184 1.247 100.098 41.643 1.278 9.318 0.973 30.426 30.430 0.685 1.024 Canada 0.951 6.054471 words
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Article68 2013-03-12 28 Mar 11 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid68 words
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Article134 2013-03-12 28 Mar 11 GOLD(US$/oz) Mar 08 Mar 11 Hong Kong 1586.40 1589.50 Mar 07 Mar 08 London 1576.24 1574.21 1577.46 1574.98 Source: Thomson Reuters CAST BAR Mar 11 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 143 63 5gm 405 317 10gm 724 635134 words
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Article82 2013-03-12 28 Mar 11 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 13-Jun-13 0.26 6-Month BS*****H 05-Sep-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-13 100.08 5-Year N*****0Z 2.375 01-Apr-17 108.0782 words
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Article57 2013-03-12 28 Mar 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 13 2435.0 2440.0 2450.0 2430.0 137 1891 Apr 13 2440.0 2440.0 2455.0 2423.0 2116 ***** May 13 2456.0 2450.0 2467.0 2433.0 ***** ***** Jun 13 2466.0 2451.057 words
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Article155 2013-03-12 28 Mar 11 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2772 1.2779 1.0233 1.0238 Canadian dollar 1.2149 1.2156 0.9739 0.9734 Euro 1.6233 1.6237 1.3006 1.3008 NZ dollar 1.0242 1.0248 0.8206 0.8210 Sterling pound 1.8638 1.8646 1.4933 1.4938155 words
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Article107 2013-03-12 28 Mar 8 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 13 1508.50 1503.50 1516.50 1488.00 May 13 1471.00 1473.50 1484.75 1450.25 Jul 13 1447.25 1453.75 1463.50 1430.50 Aug 13 1404.00 1414.50 1421.25 1391.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 13 50.16107 words
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Article80 2013-03-12 28 Mar 8 COCOA (£/tonne) Close Prev High/Low Mar 13 1426 1386 1427/1386 May 13 1441 1401 1444/1403 Jul 13 1457 1417 1459/1420 Sep 13 1468 1430 1470/1433 COFFEE(US$/tonne) Close Prev High/Low Mar 13 2151 2123 2153/2122 May 13 2181 2154 2188/2148 Jul 13 2175 2146 2180/2143 Sep 13 217180 words
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872 2013-03-12 28 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 650 5.00 14 Conv Asiatravel.com HoldingsW*****7 3 1 25 16 Asiatravel.com HoldingsW*****5 3.3 1 27 40 BakerTech W*****5 Prem Best World Intl Ltd W*****5 6.5872 words
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Article70 2013-03-12 28 CRUDE OIL PRODUCTS Mar 08 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.45 -0.94 WTI (Near Mth) 91.80 0.26 Dubai (1-Mth F) 106.09 -0.01 Tapis blend 116.50 -0.54 Minas 112.00 -0.54 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.78 0.98 Jet Kerosene 125.99 0.07 US$/barrel OpecOil Basket70 words
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Article22 2013-03-12 28 Mar 11 S$ Bid Offer 1-month 1.2481 1.2482 2-months 1.2481 1.2482 3-months 1.2481 1.2482 6-months 1.2479 1.2484 Source: OCBC22 words
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Article67 2013-03-12 28 Mar 8 Mar 8 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1923.25 1936.50 3 months 1965.00 1979.00 Copper, Grade A(US$/tonne) Cash 7710.50 7734.00 3 months 7740.50 7765.00 Lead(US$/tonne) Cash 2193.75 2190.25 3 months 2212.50 2210.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.0067 words
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Article121 2013-03-12 28 As at 9am Mar 11 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.307 1.245 Can dollar 1.244 1.185 Euro 1.662 1.583 Sterling pound 1.899 1.826 NZ dollar 1.060 1.000 US dollar 1.275 1.215 Local dollars to 100 units of foreign121 words
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Article158 2013-03-12 28 Mar 11 $S Offer Bid 0vernight 0.02 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.60 0.40 9 months 0.75 0.55 12158 words
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PROPERTY
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Article, Illustration1165 2013-03-12 29 Under current pace of amortisation, borrowers take 140 years to repay loans Bloomberg [STOCKHOLM] Swedish policymakers are now taking aim at their fellow citizens’ slothful approach to mortgage repayment. A report last week from the Financial Supervisory Authority (FSA) showed that at the current paceBloomberg; PHOTO: BLOOMBERG - 1,165 words
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Article446 2013-03-12 29 Reuters [MIAMI] Argentine developer Jose Luis Melo watched as Miami’s real estate market reeled from the US housing crash and thousands of the city’s condominiums sat unsold and decided it was time to build. It was late 2010 and Mr Melo, who runs the Melo GroupReuters - 446 words
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378 2013-03-12 29 Reuters [DUBLIN] Irish banks will be set quarterly targets for restructuring distressed mortgages under a new plan set to be unveiled this week by the government and the central bank, a senior government minister said on Sunday. Ireland’s mostly state-ownedReuters - 378 words
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Article, Illustration1172 2013-03-12 30 High prices and downpayments are scaring off first-time buyers Bloomberg [SYDNEY] Investors are about 70 per cent of visitors at broker Andrew Ienna’s open houses in Sydney’s western suburbs as low borrowing costs lift returns on rentals, and high prices and downpaymentsBloomberg; PHOTO: BLOOMBERG - 1,172 words
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436 2013-03-12 30 The properties, located in eight US states, have 315,900 sq m of space Bloomberg [SEATTLE] A unit of Oaktree Capital Group LLC, the world’s biggest distressed-debt investor, bought 40 office buildings for US$240 million from a real estate investment trust (Reit) that’sBloomberg - 436 words
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Article, Illustration364 2013-03-12 31 BENJAMIN AW - Shift from residential sector due to restrictive measures and inflation worries By BENJAMIN AW RESTRICTIVE government measures and a fear of inflation are prompting investors to shift from residential to commercial properties. Research carried out by property consultancy firm Knight Frank showed that the valueFILE PHOTO - 364 words
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280 2013-03-12 31 Bloomberg [HONG KONG] New World Development Co, the Hong Kong builder controlled by billionaire Cheng Yu-tung, may seek as much as US$1 billion from an initial public offering of hospitality assets, said two people with knowledge of the matter. The company, with stakes inBloomberg - 280 words
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Article, Illustration576 2013-03-12 31 Li Ka-shing’s Cheung Kong Hldgs slashes prices by up to 11 Bloomberg HONG KONG] Sales at Hong Kong’s biggest private residential projects fell to fewer than 10 for a second straight weekend after the developer controlled by the city’s richest man saidBloomberg; PHOTO: REUTERS - 576 words
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Page 29 Advertisements
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Advertisement231 2013-03-12 29 Prime CBD Conservation Shophouses V 1 riliif 39 Circular Rd 42/43/44 Boat Quay 78-80 Amoy St Tenure 999 years leasehold Limited supply of shophouses Potential for rental appreciation and capital gains Walking distance to MRT Stations (Raffles Place, Clarke Quay, Tanjong Pagar Telok Ayer) Fully tenanted, high pedestrian 3-Storey Attic,231 words
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Advertisement231 2013-03-12 29 Jones Lang LaSalle Real value in a changing world Commercial/Hotel Site near CBD SAN CENTRE 450m to Chinatown MRT Land 28,719 sf; GFA 131,895 sf; LH 99 yrs fr 1969 Existing 12-sty office building with 80 carpark lots Good for corporate office, 8,650 sf typical floor plate Potential for Hotel,231 words
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Page 30 Advertisements
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Advertisement103 2013-03-12 30 Clearly, this desirable segment is the perfect market target for advertisers. A survey shows that Lianhe Zaobao has an increasingly affluent readership. What's more, the influential publication is read by a total of 764,000**. Indeed its strong focus on local and international news, complemented by its content-rich Business, China, zbNOW,103 words
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Advertisement23 2013-03-12 31 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. WATS NOTICES23 words
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Advertisement381 2013-03-12 31 PRIME DISTRICT 9 COMMERCIAL SPACE FOR SALE 43 STRATA COMMERCIAL UNITS U PLAZA SINGAPURA THE CATHAY ORCHARD ROAD I ISTANA PARK HOBY GHAUT u PARK MALL VISIONCREST RESIDENCE SINGAPORE SHOPPING CENTRE YWCA Extremely rare opportunity to acquire either half floor or whole floor of commercial space just off Orchard Road381 words
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Advertisement331 2013-03-12 31 PRIME LAND FOR DOUTIQUE DEVELOPERS 51A Kovan Road Road G\as9' ONN Road Kovan SubiectSrte 5 —St« Road Serango° n UPP Nfla" Lor^Soo Space Kovan Transacted $1432 psf Bliss Kovan Transacted $1531 psf Park Residences Kovan Glasgow Residence Transacted $1626 psf Transacted $1467 psf Vibes Kovan Casa Cambio Transacted $1376 psf331 words
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Advertisement2855 2013-03-12 32 HOT PROPERTY NEWS PropNex Takes The Lead In Consumer Empowerment Homegrown real estate agency launches first of four consumer education seminars Contributed By LEE LIN CHER FAZILLA NORDIN PROPERTY CORRESPONDENTS MOREthan1,300consumersgathered at the KallangTheatre to get their real estate questions answered, and they got more than they bargained for. In2,855 words
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