The Business Times, 2 April 2013
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2013-04-02
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The Business Times
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Title Section25 2013-04-02 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Tuesday, April 2, 201325 words
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1095 2013-04-02 1 KALPANA RASHIWALA - Private home prices inched up only slightly in Q1 in the face of cooling measures By KALPANA RASHIWALA [SINGAPORE] Amid the latest official flash estimate showing a slower quarter-on-quarter increase in private home prices in Q1 2013 than in Q4 last year, some property1,095 words
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639 2013-04-02 1 VIRGINIE MANGIN - Economists worry Beijing’s latest attack on home prices might hinder country’s recovery By VIRGINIE MANGIN in Beijing CHINA’S official purchasing managers’ index picked up steam in March but missed analysts’ estimates, indicating that the rebound in the world’s second largest economy may be639 words
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MARKETS DIGEST
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Article65 2013-04-02 1 HST INDEX 3,307.58 (-0.52) HST INDEX FUTURES 3,289.00 (-1.00) HSIMSCI 374.21 (-0.86) HSIMSCI FUTURES 372.40 (-0.40) US$ S$ US$ (S$ per US$) 1.241 (US$/S$ per 1.521 1.888 EURO (US$/S$/€ 1.281 1.591 Foreign currency per US$ S$ YEN 93.40 75.30 RM 3.096 2.494 HK$ 7.764 6.255 BAHT 29.33 23.63 RUPIAH65 words
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Article47 2013-04-02 1 Monday Change KL COMP 1,667.61 -4.02 NIKKEI 225 12,135.02 -262.89 HANG SENG Closed SET INDEX 1,549.55 -11.51 JAKARTA COMP 4,937.58 -3.41 MANILA COMP 6,839.59 -7.88 SEOUL COMP 1,995.99 -8.90 SHENZHEN B 790.40 -0.85 MUMBAI IND 18,864.75 +28.98 12noon EDT Change DOW 14,549.64 -28.90 NASDAQ 3,243.41 -24.1147 words
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Article22 2013-04-02 1 SINGAPORE MALAYSIA MALAYSIA HONG KONG 6.55 5.00 INDONESIA JAPAN TAIWAN KOREA JAPAN 1.475 KOREA CANADA BRITAIN 0.50 US Source: Bloomberg22 words
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Page 1 Advertisements
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Advertisement394 2013-04-02 1 OPINION Intellectual property and tax perks PAGE 25 F&N SGX wants F&N to declare listing intention by April 18 PAGE 4 PRODUCTIVITY MATTERS Electronics: Fighting to stay competitive page 12 EMERGING ENTERPRISE Getting a boost from branding PAGE 11 Nothing soft about this start-up SME INC, PAGE 9 HSBC <394 words
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TOP STORIES
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747 2013-04-02 2 MICHELLE QUAH - CEO says acquisition will add to the breadth of SPH’s online classifieds portfolio By MICHELLE QUAH [SINGAPORE] Singapore Press Holdings (SPH) yesterday agreed to pay up to $60 million in cash for popular online car portal, sgCarMart (SGCM). The deal includes SGCM’s747 words
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Article, Illustration720 2013-04-02 2 LYNN KAN - By LYNN KAN [SINGAPORE] With the mid-year launch of a new post-graduate accountancy training programme, differentiations will eventually be drawn between professional accountants who do it and those who don’t. The Singapore Qualification Programme (QP), conceived to raise the capabilities of the accountingSource: Singapore Accountancy Commission - 720 words
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450 2013-04-02 2 Activists say ruling ensures access to cheap generic drugs AFP [NEW DELHI] India’s Supreme Court has rejected a patent bid by Swiss drug giant Novartis, in a landmark ruling that activists say will protect access to cheap generic versions of drugsAFP - 450 words
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Article366 2013-04-02 2 First-time buyers prop up home prices AMID the latest official flash estimate showing a slower quarter-on-quarter increase in private home prices in Q1 2013 than in Q4 last year, some property consultants believe that the latest cooling package in January will have a more lingering impact than the366 words
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336 2013-04-02 3 Curbs on second homes, capital gains tax among measures Reuters [BEIJING] Beijing, Shanghai and another major city in China’s south-west will implement strict property cooling measures as part of a central government crackdown on the overheated property market, state news agency XinhuaReuters - 336 words
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478 2013-04-02 3 S JAYASANKARAN - Pipeline illegal, rules judge, but he stops short of halting ops By S JAYASANKARAN in Kuala Lumpur TALK of a pyrrhic victory. Thai villagers who have been fighting the development of a gas pipeline project for more than a decade have got478 words
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651 2013-04-02 3 ONG CHOR HAO - Analysts point to cap on Mortgage Servicing Ratio as one key factor By ONG CHOR HAO [SINGAPORE] Resale HDB flat prices grew at the slowest pace in a year in the first quarter of 2013, initial data showed, as demand651 words
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Page 2 Advertisements
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Advertisement137 2013-04-02 2 llay igati fing line t 0aal entrepreneurs Afc APS set new path //j < -worlds \/’n emerg iri 9' w consumers are 1 Grown. fe stakeholder power r So^o6% «(i/e 3D pnnWVtaking off a <^®‘ v mi Corporate I governance f overhaul Jl^ov aWoo J Managing comp\ eX1^ Why I137 words
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Page 3 Advertisements
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Advertisement11 2013-04-02 3 CATS Recruit The first step on your ladder to success CLA/AUG06/g11 words
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Advertisement138 2013-04-02 3 experience escape r As you reflect on a day of warm welcomes and enriching experiences you are embraced by a feeling of calm. This is a place where your soul is revived and your senses enlivened. There’s something familiar about the way the light reflects on the ocean that stirs138 words
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COMPANY NEWS
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518 2013-04-02 4 KENNETH LIM - SGX will convert the stock’s trading halt into a suspension starting on April 19 By KENNETH LIM STREET consensus continues to lean towards Fraser and Neave (F&N) being delisted, analysts said yesterday as Singapore Exchange (SGX) gave the company until518 words
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Article, Illustration426 2013-04-02 4 LEE MEIXIAN - Loyz Energy to focus efforts on oil gas segment By LEE MEIXIAN AFTER shedding its old business in bathroom and kitchenware, Loyz Energy now looks to focus all its resources on strengthening its position in the oil and gas exploration and production segment as an independent player. Yesterday, the upstreamFILE PHOTO - 426 words
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Article, Illustration376 2013-04-02 4 SIOW LI SEN - By SIOW LI SEN DBS Group Holdings chief executive Piyush Gupta got a 15 per cent pay rise to $9.33 million for 2012, up from 2011’s $8.08 million as the bank posted record earnings. Mr Gupta’s higher pay came from a jump376 words
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Article, Illustration473 2013-04-02 5 LEE MEIXIAN - HPH Trust says operations at the terminals still continue By LEE MEIXIAN HUTCHISON Port Holdings Trust’s (HPH Trust) shares slipped yesterday as its Hong Kong unit, Hongkong International Terminals (HIT), saw a fifth day of demonstrations by port workers demanding a payPHOTO: REUTERS - 473 words
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268 2013-04-02 5 ANDREA SOH - By ANDREA SOH SINGAPORE, together with Malaysia and Thailand, will implement a fully-harmo-nised set of disclosure rules for cross-border securities offerings. This move is designed to facilitate regional fund-rais-ing activities and encourage investments into Asean, the Monetary Authority of Singapore (MAS) said268 words
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248 2013-04-02 5 KENNETH LIM - By KENNETH LIM CHINA Aviation Oil (Singapore Corp’s (CAO) jointly owned South Korea oil storage terminal facility has begun operation, the jet fuel trader announced yesterday. The 1.3 million cubic metre facility was developed by CAO’s 26 per cent associate Oilhub Korea Yeosu Co (OKYC).248 words
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COMPANY BRIEFS
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Article106 2013-04-02 5 KOYO International yesterday posted its FY 2012 audited results, after adjustments made, taking into account its customer Poh Lian Construction’s application to the High Court to place itself under judicial management. The $1.4 million provision for impairment of receivables due from Poh Lian has resulted106 words
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44 2013-04-02 5 CONSTRUCTION company China Great Land has asked and been granted more time, until May 1, by Singapore Exchange to report its fiscal 2012 results, citing new auditors and numerous resignations following the cessation of production at two subsidiaries.44 words
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Article34 2013-04-02 5 CWT has amended its existing $500 million multi-currency medium term note programme to include provisions for perpetual securities. DBS Bank and Standard Chartered Bank are the arrangers of the programme.34 words
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Article72 2013-04-02 5 STEELMAKER Sapphire Corp is revising its 2012 bottom line and net book value lower to account for $7 million of goodwill related to its purchase of Sichuan Longwei Metal Product Co. Sapphire’s 2012 loss is now $29.4 million, or 3.63 cents per share, from the72 words
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Article71 2013-04-02 5 CONSTRUCTION and development company Chip Eng Seng Corp has bought a 2,927-square-metre site at the fringe of the central business district of the Australian city of Melbourne, Victoria, for A$32 million (S$41.4 million) plus goods and services tax. The site, which includes a two-storey71 words
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71 2013-04-02 5 PRECISION stamping equipment maker World Precision Machinery said its wholly owned subsidiary World Heavy Machine Tools (China) Co will enjoy a preferential tax rate of 15 per cent in fiscal years 2013 to 2015, from the current 25 per cent. The tax break is71 words
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Article, Illustration534 2013-04-02 7 SIOW LI SEN - Defaults slightly up; performance of payments moderates downwards for Q1 By SIOW LI SEN MORE companies are struggling to pay promptly amid economic uncertainties. Last quarter, payment defaults have gone up slightly, though still clinging at just above the 50 per cent mark,Source: Singapore Commercial Credit Bureau - 534 words
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Article, Illustration333 2013-04-02 7 CAI HAOXIANG - By CAI HAOXIANG STX Pan Ocean shares took a hit on news of a failed attempt by STX Corporation to sell a controlling stake in the company. The stock dived 10 per cent in South Korea yesterday, falling 440 won toPHOTO: BLOOMBERG - 333 words
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297 2013-04-02 7 CARINE LEE - By CARINE LEE ENDOWMENT products remained one of the biggest contributors to OCBC Bank’s bancassurance business, growing 26 per cent last year and contributing more than 40 per cent of the bank’s overall bancassurance business. OCBC Bank, which launched its bancassur- ance business in 1992,297 words
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485 2013-04-02 7 MINDY TAN - Market likes strategy Reit’s unit price rose 58% in 2012 By MINDY TAN WHILE rents within the industrial sector might moderate some 10 per cent over the next 24 months, AIMS AMP Capital Industrial Reit is actively mining its existing portfolio485 words
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Page 4 Advertisements
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Advertisement109 2013-04-02 4 When East meets West, Wellness Jilossoms V$8 Per Copy More inside: Giving eggs a bad name Teaching children to be food-smart Japanese secret to longevity 15 recipes for a healthier you '\zr w- With every purchase Bilingual Herbal Soup Recipe Book^ A Health highlights Headaches Walking barefooted to improve health109 words
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Page 5 Advertisements
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Advertisement83 2013-04-02 5 Creating Experience. Value. Partnerships We bring Inspiration, Innovation, Value to your business! FUTURE TRANSPORT ASIA 2013 We help you make a mark in the transport sector: Airport Terminals Aviation Rail Road Find out how to target your market today. Organised by: sphere SINGAPORE PRESS HOLDINGS Find out more about the83 words
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Advertisement120 2013-04-02 5 SHARElNVESTOR.com The Pulse Of Trading •> \y r r j Get more VALUE when you sign up for the Sharelnvestor bundled deals c Sharelnvestor WebPro Consensus Estimates $179.76 (U.P. $220.42) iLj Sharelnvestor Station Consensus Estimates 0 $500.76 (U.P. $594.92) E^{ Consensus Estimates 0 $83.46 (U.P. $94.16) Grab the deals now!120 words
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Advertisement72 2013-04-02 5 1 z V// THE WORLD’S FINEST SERVICED VIRTUAL OFFICES Variety of offices to cater to your every need Prestigious address, dedicated receptionist secretarial support, 5 star meeting rooms boardrooms Experience world leading IT and communications technology Take advantage of flexible lease terms from 1 month Phone number issued INSTANTLY! SOUTH72 words
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SINGAPORE MARKETS
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Article, Illustration624 2013-04-02 6 R SIVANITHY - ST Index ends only 0.5 of a point lower as markets in HK and Europe stay closed for holiday STOCKS R SIVANITHY Senior Correspondent THE closure of Hong Kong and European markets yesterday for Easter Monday meant that activity in the local stock market crawledSource: Bloomberg - 624 words
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Article73 2013-04-02 6 Apr 1 VALUE CLOSE BT OB/OS 219.00 -120.00 BT CADI -*****.00 -40.00 BT 10-day MA -*****.00 +22.00 FTSE ST Mid Cap 821.29 -0.65 FTSE ST Small Cap 576.72 -1.62 FTSE ST All Share 815.53 -0.36 FTSE ST China Top 222.97 -0.56 FTSE ST China 252.03 +0.01 FTSE73 words
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Article54 2013-04-02 6 VOLUME WE Hldgs 347,419,000 Transcu Grp 208,698,000 AdvanceSCT 173,314,000 Ntegrator 162,234,000 IPCO Intl 123,301,000 Unionmet 98,485,000 Contel 94,054,000 YHM 77,027,000 Innopac 60,936,000 SingHaiyi 58,289,000 VALUE($) Keppel Corp 46,195,180 WE Hldgs 42,534,295 DBS Grp 39,842,060 Noble Grp 30,790,640 UOB 23,076,850 GLP 22,312,630 SingTel 21,393,370 Ntegrator 19,698,719 CapitaLand 19,321,12054 words
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Article186 2013-04-02 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 4 7 0 0 0 4 4 7 Manufacturing 48 67 31 9 13 7 57 80 38 Commerce 22 26 14 5 7 4 27 33 18 Tpt/Stor/Comms 14 18 10186 words
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Article1040 2013-04-02 6 CAI HAOXIANG - Compiled by CAI HAOXIANG Singapore Hospitality Sector DBS Group Research, April 1 QANTAS’ website indicates that it re-routed its kangaroo routes via Singapore to Dubai from March 31 under its new alliance with Emirates. This move has led some investors to wonder about the impact on Changi Airport,1,040 words
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Article123 2013-04-02 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 32,755 32,755 75,569 75,569 Manufacturing 448,413 213,579 661,992 118,510 10,509 129,019 Commerce 144,423 425,701 570,124 70,831 46,869 117,700 Tpt/Stor/Comms 63,354 14,258 77,612 86,334 5,461 91,795 Finance 71,437 217 71,654 101,968 75 102,043 Construction 180,690 77,627123 words
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Article110 2013-04-02 6 Stock name Close Change CapMallsAsia 2.060 +0.010 CapitaLand 3.520 -0.010 CapitaMall 2.100 +0.010 CityDev 11.34 +0.010 ComfortDelGro 1.915 +0.005 DBS Grp 15.88 -0.120 F&N 9.440 GLP 2.650 +0.030 Genting SP 1.500 +0.005 Golden Agri 0.585 +0.005 HK Land 7.450 +0.040 JMH 66.48 +1.380 JSH 39.79 +0.210110 words
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Article, Illustration507 2013-04-02 6 CURRENCIES [TOKYO] The euro sagged yesterday to approach a four-month low on concerns about the spillover from Cyprus’ bailout terms, while the Aussie dollar was tripped up after data showed a slower rebound in Chinese factory activity in March than expected. The yen firmedPHOTO: BLOOMBERG - 507 words
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Article119 2013-04-02 6 BY CENTS CLOSE UP JMH 6648 171.3 2.1 DBS Bk 4.7% NCPS 100 ***** 158.0 1.5 DBXT Nifty 10US$ ***** 155.2 1.2 DBXT FTVietnam 10US$ 2596 81.9 2.6 DBXT iBoxxSing 5SG$ ***** 61.0 0.5 Lyxor AsiaCS 10US$ 5609 57.1 0.8 Lyxor China H 10US$ 1444 36.0 2.0 JSH 3979119 words
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Article123 2013-04-02 6 BY CENTS CLOSE DOWN DBXT DBCBDJUBS 10US$ 3173 -186.2 -4.5 GLD 10US$ ***** -106.7 -0.6 DBXT MSJAP 10US$ 4090 -96.8 -1.9 UOB.ES.1304 2014 -40.0 -1.9 UOB 5.05%NCPS 100 ***** -39.0 -0.4 DairyFarm 1185 -31.0 -2.1 UOB 2010 -28.0 -1.4 DBXT MSTHAI 10US$ 2260 -24.8 -0.9 DBXT S&P Short 10US$123 words
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Page 7 Advertisements
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Advertisement275 2013-04-02 7 S P Jain School of Global Management DUBAI SINGAPORE SYDNEY S P JAIN EXECUTIVE MBA OPEN HOUSE Date: Saturday, 6th April 201 3 Time: 10 am to 12 pm Venue: 10, Hyderabad Road(off Alexandra Road), Singapore *****9 TOPIC: Demystifying Social Media in Business There is so much hype about social275 words
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SINGAPORE NEWS
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661 2013-04-02 8 GRACE NG - Master Plan seeks to capitalise on IP’s rise as a key driver of economic growth By GRACE NG THE government is set to roll out 14 initiatives to develop Singapore as a global Intellectual Property (IP) hub in Asia. These661 words
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593 2013-04-02 8 RONNIE LIM - By RONNIE LIM GREATER competition, under which gencos here often trade market-share rankings, plus efficiency gains from the liberalisation of the power market here has moderated wholesale electricity price increases here, said Energy Market Company (EMC) chairman Wong Meng Meng. He said in593 words
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Article, Illustration279 2013-04-02 8 THE Business Times will host its annual Investment Dialogue on April 19 with one of the world’s leading investment gurus, John Mauldin. Mr Mauldin is a renowned financial expert, a New York Times bestselling author and a pioneering online commentator. His weekly279 words
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288 2013-04-02 8 MA XIANGYU - By MA XIANGYU NANYANG Technological University (NTU) announced yesterday the setting up of a new interdisciplinary institute of medical research. Named the Nanyang Institute of Technology in Health and Medicine (NITHM), it aims to become a nexus of collaborative work between engineers, scientists and288 words
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Article, Illustration509 2013-04-02 8 LEE U-WEN - By LEE U-WEN FROM tomorrow, Singaporeans will have another avenue to collect their new biometric passports with the launch of an automated service that removes the hassle of queueing. The Immigration and Checkpoints Authority (ICA) yesterday unveiled its new iCollect system,PHOTO: CHUA WT / LIANHE ZAOBAO - 509 words
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294 2013-04-02 8 JASMINE NG - By JASMINE NG THE Singapore International Arbitration Centre (SIAC) will have a new unit to manage cases and oversee arbitral appointment functions. Unlike the board that deals mainly with corporate and business development functions, the new Court of Arbitration will call the shots when294 words
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363 2013-04-02 8 TEO SI JIA - By TEO SI JIA THE Building and Construction Authority (BCA) has drafted a revised version of the Code on Accessibility for the Built Environment, this time with consideration for parents of infants. In the current and fourth review, the code’s363 words
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SME Inc
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Article, Illustration1227 2013-04-02 9 VICTOR KATHEYAS - Its patented ID Flex Technology protects by dissipating force. ByVICTOR KATHEYAS ByVICTOR VICTOR KATHEYAS YOU may not have heard of Sofshell Pte Ltd but if its founders Elgin Yap and Davy Cheong are correct, the company could have possibly discovered the “next big thing”PHOTO: ARTHUR LEE - 1,227 words
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Article, Illustration881 2013-04-02 10 JEFFREY TIONG - They allow an SME to stand out in the crowd, building more respect for its intellectual property in the market COMMENTARY By JEFFREY TIONG The writer is founder and CEO of Patsnap, a company that provides an online professional patent search and analytic platformFILE PHOTO - 881 words
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Page 9 Advertisements
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Advertisement65 2013-04-02 9 HAVE an interesting story on an SME to share? Drop us a note on why you think the company should be featured in our weekly SME INC pages, with details such as how the company has grown and its expansion plans. Send your e-mail to Felda Chay at feldac@sph.com.sg with65 words
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Advertisement140 2013-04-02 9 Stone Forest II J Improve Your Productivity with ACCPAC The SAGE 300 ERR* solution unlocks the potential of SMEs still tied down by manual processes, helping them accelerate and streamline finance and operations processes to reveal untapped business agility. Venue 8 Wilkie Road #03-08 Wilkie Edge Singapore *****5 18 April140 words
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Page 10 Advertisements
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Advertisement618 2013-04-02 10 Attain All-Round Sales Performance Excellence Who should attend: Sales Business Development Managers; Business Consultants; Senior and Middle Management; Account, Sales Marketing Executives and Managers 2013 APRIL SERIES FULL-DAY WORKSHOPS Easy Marketing Tactics to Generate Sales Leads Promotion or marketing is viewed as an expensive entity which only well-established companies can618 words
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EMERGING ENTERPRISE
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Article, Illustration1576 2013-04-02 11 PRODUCTIVITY and branding may seem like strange bedfellows. And certainly according to a study late last year by the Singapore Chinese Chamber of Commerce Industry and Nanyang Technopreneurship Centre at Nanyang Technological University many small and medium enterprises (SMEs) do not realise that they can1,576 words
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Page 11 Advertisements
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Advertisement243 2013-04-02 11 The Emerging Enterprise 2013 Award is open for nominations Over S$1.4 million worth of prizes to be won. Apply now before 8 May 2013. For a copy of the application form, email enterprise-banking@ocbc.com or leeyyd@sph.com.sg Terms and conditions apply. Jointly Presented by: Official Auditor: Supported by: Innovation Partner: Preferred Payment243 words
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PRODUCTIVITY MATTERS
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Article, Illustration1402 2013-04-02 12 TEH SHI NING - ASE Singapore has undertaken several innovation projects that have enabled it to complete key processes faster, reports ELECTRONICS TEH SHI NING THERE is a strong sense of pride among the managers of ASE Singapore, as they share how their firm is staying competitive in an increasinglyPHOTO: LIANHE ZAOBAO - 1,402 words
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Article, Illustration1048 2013-04-02 12 TEH SHI NING - By TEH SHI NING PRODUCTIVITY is not just about making internal processes more efficient, it has to make a difference for the company when it competes in the marketplace. So says Andrew Chong, who as regional president and managing director ofPHOTO: INFINEON - 1,048 words
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Page 13 Advertisements
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Advertisement2091 2013-04-02 13 (B COLEX HOLDINGS LTD Colex Holdings Limited Registration No. *****1485G (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Colex Holdings Limited will be held at the Second Floor Conference Room, 20 Jalan Tukang. Jurong Town, Singapore *****72,091 words
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Advertisement4047 2013-04-02 13 Notice of Annual General Meeting Co. Reg. No. *****5196H (the ‘Company’) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Emerald Suite, Golf Clubhouse Level II, Orchid Country Club, No. 1 Orchid Club Road, Singapore *****2 on Thursday, 25 April 2013 at 10.004,047 words
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MALAYSIA/INDONESIA
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896 2013-04-02 14 Higher fees paid to managers negating returns of biggest bond funds Bloomb erg [KUALA LUMPUR] Malaysia’s biggest actively managed bond funds are handing investors worse returns than an index-tracking rival for the second year running as higher fees negate the benefits of employing professionalsBloomberg - 896 words
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Article, Illustration503 2013-04-02 14 Reuters [JAKARTA] Indonesian inflation surged to a nearly two-year high in March, breaking through the central bank’s target level and underlining the challenges facing a new Bank Indonesia governor and whoever replaces him as finance minister. Annual headline inflation in March was 5.9Reuters; PHOTO: AFP - 503 words
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Page 14 Advertisements
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Advertisement1888 2013-04-02 14 TRANSPAC INDUSTRIAL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Unique Entity No: *****0941K) NOTICE OF NINETEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Nineteenth Annual General Meeting of Transpac Industrial Holdings Limited (the “Company”) will be held at Concorde 1, 3rd Level Concorde Hotel Singapore, 100 Orchard1,888 words
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Page 15 Advertisements
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Advertisement127 2013-04-02 15 r Hire Mr Right. www.stjobs.sg 0, Close to 60,000 hiring employers More than I million unique visitors Source: NetRatings, February 2013 Close to 600,000 job seekers Over 100,000 fans on social media sites More than 10 million page views and counting For enquiries, call Customer Care at 1800-69-***** or email127 words
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GREATER CHINA
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973 2013-04-02 16 Medical research under way, workers taught to identify possible cases NYT [HONG KONG] A decade after severe acute respiratory syndrome (Sars) swept through Hong Kong and then around the world, the city is among the first to become worried about the emergence and spreadNYT - 973 words
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329 2013-04-02 16 Reuters [TAIPEI] Taiwan will ease rules to allow Chinese banks to buy bigger stakes in local banks and permit more Chinese firms to invest in its financial industry, the island’s financial regulator said yesterday, marking a major advance in cross-straitReuters - 329 words
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Article, Illustration457 2013-04-02 16 Reuters [BEIJING] China’s steel oversupply problems are likely to worsen in 2013 with new capacity increases expected to outstrip rising demand over the year, the chairman of Baoshan Iron and Steel (Baosteel), the country’s biggest steelmaker by market value, said yesterday. He Wenbo,Reuters; PHOTO: REUTERS - 457 words
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Page 16 Advertisements
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Advertisement2386 2013-04-02 16 NSL LTD (Incorporated in Singapore) Company Registration Number *****0107C Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the 53rdAnnual General Meeting of NSL LTD. (the “Company”) will be held at Bridge Rooms 1, 2 and 3, Raffles Marina, 10 Tuas West Drive, Singapore *****4 on 24 April 20132,386 words
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INDIA
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421 2013-04-02 17 It’s the biggest month-on-month drop since September 2011 Reuters [BANGALORE] Cooling domestic and foreign demand dragged on Indian manufacturing growth in March, with the sector expanding at its slowest pace since November 2011, a business survey showed yesterday. The HSBC manufacturing purchasing managers’ index (PMI),Reuters - 421 words
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Article, Illustration480 2013-04-02 17 AFP [NEW DELHI] The number of foreign women tourists visiting India has dropped by 35 per cent in the past three months following a spate of sex attacks that have made global headlines, a new survey has found. The Associated Chambers of Commerce andAFP; PHOTO: AFP - 480 words
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589 2013-04-02 17 BRICS bank is seen as a way to challenge the rules AFP [TOKYO] The mooted BRICS bank of emerging powers is intended to complement, rather than compete with Western-dominat-ed institutions on the world stage, the Indian finance minister said yesterday. FinanceAFP - 589 words
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Page 17 Advertisements
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Advertisement2701 2013-04-02 17 Kreuz KREUZ HOLDINGS LIMITED (Company Registration No.:*****3628R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of Kreuz Holdings Limited (the “Company”) will be held at 12 International Business Park, Swiber@IBP #03-02, Singapore *****0, on Wednesday, 17 April 2013 at 10:00 am, for the2,701 words
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ECONOMY WATCH
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172 2013-04-02 18 AFP [SEOUL] A free trade agreement (FTA) between South Korea and Turkey will go into effect in May, the latest in a wide-ranging series of trade pacts negotiated by the ex-port-dependent East Asian country, officials said yesterday. The pact will removeAFP - 172 words
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Article, Illustration596 2013-04-02 18 Economy headed for stagnation as domestic demand stays depressed Reuters [SEJONG, South Korea] Hopes hardened in South Korea yesterday for a government stimulus package and an interest rate cut, after weak export and import figures and soft price data showed theReuters; PHOTO: REUTERS - 596 words
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434 2013-04-02 18 Essay in NYT draws dismissive response from Krugman Bloomberg [WASHINGTON] The US economy is in a bubble inflated by “phony money” from the Federal Reserve and will burst within a few years, warned David Stockman, who was budget director forBloomberg - 434 words
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369 2013-04-02 18 Bloomberg [DALLAS] The economic health of 44 US states improved in the fourth quarter, the most in any period since 2006, as almost all benefited from growing employment and personal income. The gains matched the total in the second quarter ofBloomberg - 369 words
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Advertisement1758 2013-04-02 18 (SATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices WHEELOCK PROPERTIES WHEELOCK PROPERTIES (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****1797H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 40“' Annual General Meeting of the Company will be held at Ballroom 1, Level 3,1,758 words
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Page 19 Advertisements
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Advertisement80 2013-04-02 19 With more than 1.9 million job seekers visiting us monthly, the right employee shouldn’t be hard to find. Source: Nielsen NetRatings March 2013 r j' m •l k mr N V u 5V v F H ra j 1 i p 2 CROSS r Awarded Best in Cross Media Adverting80 words
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WORLD
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690 2013-04-02 20 ANTHONY ROWLEY - Stronger business confidence among big Japanese firms had been forecast By ANTHONY ROWLEY in Tokyo BUSINESS confidence in large Japanese firms rose during the first three months of this year as a new government came into office with promises of strong monetary690 words
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836 2013-04-02 20 Portion of stock trading outside exchanges hits 40% NYT [NEW YORK] Wall Street is embracing its dark side. As the stock market continues to climb, trading has increasingly migrated from established bourses such as the New York Stock Exchange (NYSE) to private platforms,NYT - 836 words
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Article, Illustration658 2013-04-02 20 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo LAST WEEK’S announcement by a relatively tiny and recently-formed Japanese firm that it intends to manufacture and market electric tricycles or “tuk-tuks” in South-east Asia has created something of a stir, because of the novelty of the vehicles658 words
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445 2013-04-02 20 NYT [SERRAVAL, France] Newspapers, once reluctant to try to charge readers for access to their websites, have begun doing so in droves. Across many of the developed economies of America, Europe and Asia, so-called pay walls are proliferating as publishers struggle to make up forNYT - 445 words
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Article, Illustration534 2013-04-02 21 Institute for Supply Management’s factory index falls to 51.3 from Feb’s 54.2 LATEST US DATA Bloomberg Reuters [WASHINGTON] Manufacturing in the US, the world’s largest economy, expanded less than forecast in March as factories slowed production and new orders waned. The Institute for SupplyBloomberg; Reuters; PHOTO: BLOOMBERG - 534 words
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Article, Illustration353 2013-04-02 21 AFP [YANGON] Privately owned daily newspapers hit Myanmar’s streets for the first time in decades yesterday under new freedoms that represent a revolution for a media shackled under former military rule. Four Burmese-language titles The Voice, The Golden Fresh Land, The UnionAFP; PHOTO: AFP - 353 words
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523 2013-04-02 21 Best start since 2003 as economies and policies diverge Bloomberg [NEW YORK] Funds that specialise in currencies are enjoying their best start to a year in at least a decade as economies show signs of decoupling. The Parker Global Currency Manager Index gained 2.7Bloomberg - 523 words
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Article, Illustration857 2013-04-02 22 World markets hold steady but investors fear that worse is yet to come Reuters [LONDON] World markets have reacted calmly to the twists and turns of Cyprus’ financial rescue in the last fortnight, but many investors fear that the economic fallout is yet to come.Reuters; PHOTO: REUTERS - 857 words
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602 2013-04-02 22 Business sentiment rises, confidence at brokerages jumps Bloomberg [TOKYO] Nomura Holdings Inc and Daiwa Securities Group Inc hired the most university graduates in four years, leading a resurgence in recruitment by Japanese brokerages as the economic outlook improves. About 650 recruits joinedBloomberg - 602 words
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Page 20 Advertisements
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Advertisement61 2013-04-02 20 (tj budget tour Planners Beyond Expectations Discovertheworldwith Budget Tour Planners We offer customised itineraries that go beyond the ordinary... /Company Incentive Trips Off-site Meetings /Special Interest Tours /Tradeshows /Educational Tours /Pilgrimage Tours /Church Retreats /Local Sightseeing Tours /Coach Charter Tel: 6737 1811 Email; sales@budget-tours.com.sg 51 Cuppage Road, #06-17, Singapore *****961 words
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Advertisement32 2013-04-02 20 fM with LAWSON CHAPMAN SQUARE Tune in to HOT FM91.3 or log on to www.hotfm.sg for more details! UNIVERSAL v K UNIVERSAL MUSIC SINGAPORE >T 5C ft u 30- HOTFMSG WWW.HOTFM FflCEBODK.COM/HOTFMSG32 words
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Page 21 Advertisements
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Advertisement2165 2013-04-02 21 KATS 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 FTZ PTE. LTD. (Co. Registration No. *****1761M) (In Members’ Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at2,165 words
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Page 22 Advertisements
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Advertisement162 2013-04-02 22 www.stjobs.sg Say hello to the world before you conquer it. Get your resume ready for the world in just seconds! The Resume Scan function dispatches your particulars into templated fields in our system, cutting down on the time it takes you to key in personal information. Make use of this162 words
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AVIATION/SHIPPING
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Article, Illustration1125 2013-04-02 23 Bloomberg US Airlines Index of 10 carriers surges 35% in first quarter Bloom berg [DALLAS] US airlines, shunned by Warren Buffett for almost 25 years, are now rewarding investors with the biggest returns in more than a decade. The Bloomberg US AirlinesBloomberg; PHOTO: AP - 1,125 words
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Article, Illustration813 2013-04-02 23 Previous focus on military business will be re-evaluated NYT [OTTOBRUNN, Germany] Like the farmers tilling the fields that surround its sprawling German offices south of Munich, European Aeronautic Defence and Space (EADS), the parent of Airbus, is making preparations for new beginnings. LastNYT - 813 words
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493 2013-04-02 23 AP [MANILA] Workers in the southwestern Philippines have removed the last major part of a US Navy minesweeper from a protected coral reef where it ran aground in January, and the damage will be assessed to determine the fine Washington will pay, officialsAP - 493 words
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215 2013-04-02 23 Bloomberg [TOKYO] A Panasonic Corp unit that makes in-flight entertainment and communications systems for airlines is under a bribery investigation by US regulators, the Wall Street Journal reported. The legal department of Panasonic Avionics, based in Lake Forest, California, told executives and employeesBloomberg - 215 words
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Article240 2013-04-02 23 SGX '000 Apr 1 S$ +/-Vol CH Offshore 0.48 unch 42 Chuan Hup Hldg 0.27 -0.01 66 Cosco Corp 0.90 -0.01 1747 Apr 1 Ezra Hldgs 1.14 -0.02 2254 First Ship Lea Vol Freight Links Grand Banks.............0.32 -0.07 6 Jaya Hold Ltd Chuan Hup Hldg K1Ventures 0.16 unch240 words
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Page 23 Advertisements
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Advertisement27 2013-04-02 23 tt 'S'®tk .Lianhe Zaobao Chongqing acts to cool property market Rise in new home prices must not outstrip that of disposable income _fr ji; I i lllls27 words
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Page 23 Miscellaneous
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Miscellaneous302 2013-04-02 23 CRYPTIC CROSSWORD Across 1 Queen backed landlady becoming politician! (10) 6 Buckle quietly after fighting (4) 9 Prudish play on words about girl in film (7) 10 Go without love, with girls getting visual aids (7) 12 He’s now setting out terms of endearment (5,8) 14 Source of liquidity remains302 words
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EDITORIAL & OPINION
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486 2013-04-02 24 EDITORIAL TOKYO and Beijing have long been prone to regard each other with mutual suspicion, only to have intervals of improved relations. But recent developments suggest that the problems are getting worse rather than better. After a dangerous standoff a few months ago when486 words
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Article, Illustration858 2013-04-02 24 DAVID MASON - In defence of good writing and the apostrophe THE BOTTOM LINE DAVID MASON The writer, who was a Price Waterhouse S’pore partner for 18 years, is a business communications consultant in the UK who spends several months a year in Singapore AS Britain records its coldest Easter ever that is858 words
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Article, Illustration970 2013-04-02 24 SIMON JOHNSON - US spending cuts hurting pre-school, early-childhood nutrition programmes and healthcare By SIMON JOHNSON The writer is a professor at MIT’s Sloan School of Management and the co-author of ‘White House Burning: The Founding Fathers, Our National Debt, And Why It Matters ToProject Syndicate; PHOTO: REUTERS - 970 words
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Article, Illustration1224 2013-04-02 25 ABHIJIT GHOSH, FLORENCE LOH - Timely to introduce an incentive to support IP exploitation activities in and out of Singapore By ABHIJIT GHOSH, FLORENCE LOH The writers are Partner, International Tax, PwC Services LLP, and Senior Manager, International Tax, PwC Services LLP, respectively THE concepts of innovation, research and development,PHOTO: AP - 1,224 words
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Article, Illustration622 2013-04-02 25 LOUISA WONG - By LOUISA WONG The writer is executive chairman of Bó Lè Associates, the largest Asian executive search firm headquartered in Hong Kong A MASTER of Business Administration (MBA) has long been considered a prestigious and, in some cases, necessary qualificationST FILE PHOTO - 622 words
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293 2013-04-02 25 LETTER TO THE EDITOR WE refer to the article on Mr Ngiam Tong Dow’s speech “A blueprint to train S’pore core in the workforce” (BT, March 27, 2013). Mr Ngiam asserted that Singapore has backed away from manufacturing. Instead, we have promoted293 words
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Article1483 2013-04-02 26 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/New1,483 words
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Page 26 Advertisements
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Advertisement84 2013-04-02 26 PLACE YOUR AD HERE The Business Times Shipping times CALL JOE WONG AT 9620 1327 Shipping lines seeking reliable logistics partners TO ADVERTISE, CALL JOE WONG AT 9620 1327 I Can they find your services here in the Shipping Times? M The Business Times Shipping Times PLACE YOUR AD HERE84 words
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SINGAPORE STOCKS
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Article3165 2013-04-02 27 Transaction date: Apr 1 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol Day Last Quote 11 7 AEM --AAT C'vr 164 106 AIMSAMPIReit 157 -0.5 314 157.5 1573,165 words
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Article256 2013-04-02 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 1.8 unch 1250 1.9 1.8 1.8 1.9 28.6 Last Quote Div Gr Yld Net M Cap High256 words
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Article10617 2013-04-02 28 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 Asian Local Ccy SD Bond 1.0008/ Asian Smaller Cos'" 2 0115/ EM Local Ccy Bond 0.9987/ European Opportunities 1 1 1623/ Global Emerging Markets 110,617 words
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Article245 2013-04-02 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 $mil Low 46.5 30 Genting HK US$ US44 -1 ***** 45.5 43.5 43.5 44 2897.2 Last 260 181 TanChongInt HK255cd 250 256 4.3 2.7 8.6 5135.4 DISCLAIMER: All245 words
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Article961 2013-04-02 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 $mil 126 107.1 ABF SG Bond ETF 118 12 118 118 117.7 118 538.6 136.8 120.4 CIMB APAC Div 100S$D 136.1 136.3 137.2 111.7 95.8 CIMB APAC961 words
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FINANCE & COMMODITIES
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Article614 2013-04-02 29 Apr 1 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.34 *****.83 *****.00 Jun13 *****.00 *****.00 *****.00 *****.00 ***** *****8 Sep13 *****.00 *****.00 *****.00 *****.00 5 1553 MSCI TAIWAN INDEX FUTURES SPOT 284.82 285.11 283.38 Apr13 285.00 286.10 283.90 284.40 ***** *****1 May13 285.60614 words
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373 2013-04-02 29 In local curr In S$ In US$ dy yr dy yr dy yr Mar 29 Index Change Change Change Change Change Change World Preliminary 1024.7 0.0 9.2 0.0 8.8 0.0 7.2 EAFE Preliminary 843.4 0.0 8.9 0.0 6.0 0.0 4.4 Europe Preliminary 1219.1 0.0 6.3373 words
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Article471 2013-04-02 29 Apr 1 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.058 6.461 0.812 8.081 56.383 101.342 0.972 11.601 3.222 1.245 102.435 42.508 1.292 9.610 0.988 31.102 30.523 0.684 1.041 Canada 0.945 6.104471 words
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Article62 2013-04-02 29 Apr 1 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid62 words
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Article135 2013-04-02 29 Apr 1 GOLD(US$/oz) Mar 28 Mar 27 Hong Kong 1612.20 1602.00 Mar 28 Mar 27 London 1595.19 1604.46 1596.41 1605.23 Source: Thomson Reuters CAST BAR Apr 01 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 143 64 5gm 406 318 10gm 726 637135 words
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Article83 2013-04-02 29 Apr 1 Apr TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 27-Jun-13 0.24 6-Month BS*****X 19-Sep-13 0.26 1-Year BY*****X 01-Nov-13 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-13 100.04 5-Year N*****0T 2.375 01-Apr-1783 words
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Article58 2013-04-02 29 Apr 1 Apr KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 13 2315.0 2315.0 2320.0 2315.0 160 1385 May 13 2360.0 2332.0 2370.0 2330.0 2697 ***** Jun 13 2369.0 2337.0 2380.0 2335.0 ***** ***** Jul 13 2369.058 words
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Article107 2013-04-02 29 Mar 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 13 1404.75 1453.75 1459.75 1397.00 Jul 13 1385.50 1431.00 1436.25 1376.00 Aug 13 1346.75 1385.50 1391.25 1339.75 Sep 13 1285.00 1315.25 1320.25 1281.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 13 50.11107 words
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Article79 2013-04-02 29 Mar 28 COCOA (£/tonne) Close Prev High/Low May 13 1467 1452 1474/1452 Jul 13 1477 1463 1484/1463 Sep 13 1486 1474 1493/1478 Dec 13 1489 1478 1496/1479 COFFEE(US$/tonne) Close Prev High/Low Mar 13 2023 2023 May 13 2051 2054 2063/2037 Jul 13 2074 2071 2080/2059 Sep 13 2080 207779 words
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906 2013-04-02 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv AlliedTech W*****2 Exer Asiatravel.com HoldingsW*****7 3 1 25 15 Asiatravel.com HoldingsW*****5 3.3 1 27 39 Disc Best World Intl Ltd W*****5 6.5 1 30 70 3.31 3906 words
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Article70 2013-04-02 29 CRUDE OIL PRODUCTS Mar 28 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.36 0.00 WTI (Near Mth) 96.53 0.00 Dubai (1-Mth F) 107.14 0.47 Tapis blend 114.54 0.33 Minas 109.84 0.63 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.61 0.61 Jet Kerosene 122.12 1.20 US$/barrel OpecOil Basket70 words
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Article22 2013-04-02 29 Apr 1 S$ Bid Offer 1-month 1.2411 1.2412 2-months 1.2410 1.2412 3-months 1.2409 1.2415 6-months 1.2405 1.2420 Source: OCBC22 words
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Article65 2013-04-02 29 Mar 28 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1875.25 1885.75 3 months 1904.00 1916.00 Copper, Grade A(US$/tonne) Cash 7509.75 7576.75 3 months 7540.00 7606.00 Lead(US$/tonne) Cash 2090.75 2096.25 3 months 2112.00 2118.00 Nickel (US$/tonne) Cash *****.50 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months65 words
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Article156 2013-04-02 29 Apr 1 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2917 1.2922 1.0407 1.0410 Canadian dollar 1.2203 1.2209 0.9836 0.9832 Euro 1.5905 1.5907 1.2814 1.2815 NZ dollar 1.0378 1.0380 0.8361 0.8362 Sterling pound 1.8875 1.8880 1.5207156 words
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Article122 2013-04-02 29 As at 9am Apr 01 Apr Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.323 1.260 Can dollar 1.249 1.190 Euro 1.626 1.549 Sterling pound 1.921 1.848 NZ dollar 1.073 1.013 US dollar 1.267 1.207 Local dollars to 100 units of122 words
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Article157 2013-04-02 29 Apr 1 $S Offer Bid 0vernight 0.01 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.60 0.40 9 months 0.75 0.55 12157 words
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PROPERTY
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Article, Illustration1129 2013-04-02 30 Beijing aims to spend US$6t on infrastructure with 400m people projected to become city-dwellers over next 10 years Reu ters [BEIJING] TWENTY minutes’ drive from Shanghai’s glitzy financial district, dozens of migrant workers are preparing to abandon homes in old shipping containers, as one ofReuters; PHOTOS: REUTERS - 1,129 words
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390 2013-04-02 30 Mixed-use tower 181 Fremont will be in South of Market Bloomberg [SAN FRANCISCO] A San Francisco developer’s plan to build a 54-storey office and residential tower in the city’s South of Market neighbourhood will cost about US$375 million, according to a person familiarBloomberg - 390 words
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Article, Illustration1049 2013-04-02 31 The problem with their profitability is regulators did not create a way for them to regain independence Bloom berg [WASHINGTON] Fannie Mae executives are due this week to release the company’s earnings report for the last quarter of 2012, a filing delayed byBloomberg; PHOTO: AP - 1,049 words
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Article, Illustration457 2013-04-02 32 ONG CHOR HAO - January cooling moves drive investors to commercial sector By ONG CHOR HAO THE strata-titled retail sales market saw strong demand in the first quarter of the year as investors turned to commercial properties after the latest round of cooling measures, ColliersSource: Colliers International - 457 words
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Article, Illustration384 2013-04-02 32 AFP [SHANGHAI] Chinese home prices picked up in March as buyers rushed to beat new government policies aimed at cracking down on speculation, an independent survey showed yesterday. The cost of a new home in 100 major cities was up 3.9 per centAFP; PHOTO: AFP - 384 words
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377 2013-04-02 32 AP [MALIBU, California] Malibu’s celebrity haven of Broad Beach is struggling to survive as nature chews away at the shoreline and a US$20 million effort to replace sand appears to be stuck in the mud. Homeowners have run up against opposition and complicated approvalAP - 377 words
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Article, Illustration537 2013-04-02 32 Bloomberg [SEOUL] South Korea will give tax breaks to home buyers and cut borrowing costs as the government seeks to revive home sales that tumbled to the lowest level since 2006, threatening a rebound in Asia’s fourth-largest economy. First-time home-buyers withBloomberg; PHOTO: BLOOMBERG - 537 words
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313 2013-04-02 32 TEO SI JIA - By TEO SI JIA CAPITALAND has unveiled plans to restructure its 40 per cent-owned Surbana Corporation’s residential development business and consultancy business into two separate entities. Lim Ming Yan, president and group chief executive of CapitaLand, said the move gives the businesses greater focus to pursue313 words
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482 2013-04-02 32 Bloomberg [TORONTO] Pinnacle Interna ti o n a l a V ancou ver-based developer, plans to build the largest hotel and condominium project in Toronto, the Canadian financial capital with the most highrises under construction in North America. Pinnacle’s proposal calls for six highrises,Bloomberg - 482 words
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Page 30 Advertisements
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Advertisement70 2013-04-02 30 PRIME RESIDENTIAL SITE OFF MEYER ROAD Site Area: 13,076.9 sq m MP 2008: ‘Residential’, PR 2.1, up to 24-storey Nestled within a serene neighbourhood along Arthur Road Enjoy unblocked view of landed housing area and sweeping view of city skyline and greenery For More Information, Please Contact: DTZ Investment Advisory70 words
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Advertisement255 2013-04-02 30 PRIME RESIDENTIAL W* Knight AT MEYER ROAD *4 Frank li Freehold redevelopment land Land area 2,371.3 sqm, zoned 2-storey bungalows Rectangular level site with frontage of 30m approx. Easy access to city centre, urban amenities East Coast Park For enquiries, please call MARYSAI MEIN MEIN CEA Reg No.: R*****8I CEA255 words
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Advertisement108 2013-04-02 30 FOR LEASE BRAND-NEW, LIGHT INDUSTRIAL BUILDING AT ALJUNIED Walking distance to Raya Lebar MRT (East West Circle Lines) Easy access to PIE, AYE and KPE GTE Good infrastructure and amenities at Geylang East Central Access to workforce within a well-established industrial area 9,000 19,000 sq ft per floor approx. Total108 words
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Advertisement524 2013-04-02 31 NUS m A. U iir,n Real Estate Investments'll® &Asset Management Graduate Certificate In Real Estate Finance 27-31 May 2013 i Dayl: 27 May 2013 Session 1: Setting the Stage Session 2: Dynamics of Real Estate Markets Session 3: Real Estate Investment Analysis Day 2: Session A: Session 5: Session 6:524 words
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Advertisement285 2013-04-02 31 ■Jr v v »•»•*>... i .“-TrX ir *t i <r: j* London Property Owners London rental experts host investor seminar, Friday 5th April 2013 Also private appointments available on the 6th and 7th April Seminar Topics: HP > Anita Mehra MD and Lynne Geeves Manager of our Singapore Operations Post285 words
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