The Business Times, 11 April 2013

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Microfilm: NL32545
Total Pages: 60
1 60 The Business Times
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  • Title Section
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    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Thursday, April 11, 2013
    25 words
  • Article, Illustration
    Lock icon BN may tweak tactics for May 5 elections
    660 1  -  One proposal is for Umno, not MCA, to field candidates in Chinese-majority areas By S JAYASANKARAN in Kuala Lumpur MALAYSIANS will choose their next government on May 5. In a press conference yesterday, the Election Commission (EC) fixed the day of nomination
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  • Article
    Lock icon Sea of ideas to shape container port of future
    935 1  -  Finalists in port design contest go for vertical look, embrace automation By LYNN KAN, NG SAI YING [SINGAPORE] On port grounds that evoke a multistorey building more than a box-filled yard, driverless container trucks work around the clock to get their
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,293.25 (-3.32) HST INDEX FUTURES 3,273.00 (-4.00) GSIMSCI 374.61 (+0.01) HSIMSCI FUTURES 372.00 (-0.30) US$ S$ US$ (S$ per US$) 1.238 (US$/S$ per 1.533 1.898 EURO (US$/S$/€ 1.310 1.622 Foreign currency per US$ S$ YEN 99.40 80.30 RM 3.033 2.451 HK$ 7.762 6.272 BAHT 29.01 23.44 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Wednesday Change KL COMP 1,696.20 +5.93 NIKKEI 225 13,288.13 +95.78 HANG SENG 22,034.56 +164.22 SET INDEX 1,490.25 +19.53 JAKARTA COMP 4,877.48 -22.11 MANILA COMP 6,815.84 +83.62 SEOUL COMP 1,935.58 +14.84 SHENZHEN B 780.52 +1.35 MUMBAI IND 18,414.45 +187.97 11.30am EDT Change DOW 14,799.51 +126.05 NASDAQ 3,287.01 +49.15
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    • Article
      Lock icon PRIME RATES
      22 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 TAIWAN 13.333 TAIWAN 5.036 JAPAN US KOREA 9.33 BRITAIN INDIA US Source: Bloomberg
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      92 1 OPINION Will greatness be forced upon Obama? PAGE 51 COMPANIES Performance-driven fees ideal: SIAS chief PAGE 9 SINGAPORE MARITIME WEEK Oversupply of ships may well drag on PAGE 49 PROPERTY JTC eases sub-letting rule for third-party facility providers PAGE 59 COE premiums down, but not as much as hoped for
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  • TOP STORIES
    • Article
      Lock icon Car COE premiums tumble
      405 2  -  Many prospective buyers anticipating further fall in the near future By SAMUEL EE [SINGAPORE] As expected, COE premiums for cars fell but not by as much as some motor distributors had hoped for. In yesterday’s bidding exercise for certificates of entitlement, Category A (for cars below
      405 words
    • Article, Illustration
      Lock icon Queen’s Counsel not necessary for Chew’s defence: High Court
      762 2  -  Factual and legal issues in CBT case ‘aren’t so complex’ CITY HARVEST CHURCH CASE By GRACE LEONG [SINGAPORE] The High Court sided with the prosecution yesterday in finding that the factual and legal issues in the City Harvest Church (CHC) criminal
      762 words
    • Article
      Lock icon Singapore behind only US for China’s direct investments
      428 2  -  EIU report credits good transport infrastructure, open economic policies and Chinese community By TEH SHI NING [SINGAPORE] Singapore is the second most attractive destination for direct investments flowing out of China, ahead of Hong Kong, on a ranking of economies compiled by
      428 words
    • Article
      Lock icon Obama sends Congress US$3.77t plan
      427 2 Spending blueprint aims to tame runaway deficits but has drawn angry responses AP [WASHINGTON] US President Barack Obama is sending Congress a US$3.77 trillion spending blueprint that seeks to tame runaway deficits by raising taxes further on the wealthy and trimming popular benefit programmes but
      AP  -  427 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      491 2 BN may tweak tactics for May 5 polls MALAYSIANS will choose their next government on May 5. In a press conference yesterday, the Election Commission fixed the day of nomination of candidates on April 20 with polling to follow 15 days later. This will make the waiting period
      491 words
    • Article
      Lock icon DBS: Danamon takeover bid aids Indonesian bank consolidation
      758 4  -  But some domestic vested interests are nervous, demanding reciprocity elsewhere By in JEFFREY HUTTON in Jakarta AS DBS Group readies for a longer-than-expected wait for regulatory approval for its proposed takeover of PT Bank Danamon Indonesia, senior officials at the Singapore lender
      758 words
    • Article, Illustration
      Lock icon Hong Kong port strike not hurting Asia’s richest man
      941 4 Li Ka-shing’s stake in Shenzhen protects him against traffic diverted there Bloomberg [HONGKONG] Li Ka-shing, Asia’s richest man, dominates half of the capacity at Hong Kong’s port, where a two week-long strike threatens to send traffic to Shenzhen. That won’t hurt
      Bloomberg; PHOTO: REUTERS  -  941 words
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      165 2 NEW ZEALAND BUSINESS ACQUISITION OPPORTUNITY (2008) REAA Lic Ltd. Broking Business LINK Manufacture, Wholesale, Import. NZD $3.9M Profits This business is an industry leading New Zealand based importer, manufacturer and wholesaler of office and commercial furniture. It is a business that seeks to offer truly great products of exceptional value.
      165 words
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      56 2 (to) budgeltour 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 /Coach Charter Tours J r seing Tours Sr TA2283 J Tel: 6737 1811 Email: sales©budget-tours.com.sg
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      207 2 Pacify the I Raging Bull J Call 1800 289 8822 f or e-mail notices@sph.com.sg to place your Apology Notices WATO 1 NOTICES O' 4-To-Go HSBC Exclusive 3-NIGHT BEST OF MALAYSIA CRUISE MARINER OF THE SEAS Departures: Jun 1, Nov 15,22,29, Dec 6,13,20 5 Port-of-call: Kuala Lumpur (Port Klang) If y
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      111 3 www.vw. com. sg Winner. Car of Year. CAR THE YEAR 9 m st. h New Golf. Car of the Year 2013. It’s official. 58 judges from 22 countries have voted the new Golf ‘Car of the Year! Here’s how we did: The new Golf from only $116,800. Test drive today
      111 words
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  • Page 4 Advertisements
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      92 4 A. The 19 th Edition mfa THE PRECISION OQ1Q ENGINEERING INDUSTRY EVENT HELD ALONGSIDE: MGTROLOGY A5IA20IB www.mta-asia.com B«S!B Bfj 9-12 April 2013 Singapore Expo Tuesday-Friday 10.30am-6.00pm «l 3 'iili a >*• a Organised by: Singapore Exhibition Services Pte Ltd Endorsed by: Approved Event ai fit SINGAPORE EXHIBITION ALLW^RLD ADMISSION POLICY
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      69 4 EQUIPMENT »GUIDE BUTCH'S BEST TIPS FOR DRIVING HSBC WOMEN'S CHAMPIONS PREVIEW Wkim iZ'-'V SIGN UP FOR COIF DICES! SMCAPDDE HOT LIST DEMO DAY 2013 Try out this year’s award winning dubs from ALL major brands. APRIL 27, SATURDAY 9.30 AM T01.00 PM S$20 PER PERSON or S$35 FOR 2 PERSON
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      42 4 table! THE HEARTBEAT OF THE INDIAN COMMUNITY HOME AND HOPE One provides shelter, the other education a tale of two NGOs in India Sports past helps Komal Sharma in acting career GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Forterra Trust selling Central Plaza
      465 5  -  Property in Shanghai to be sold for US$266.73m By ONG CHOR HAO FORTERRA Trust, formerly Treasury China Trust (TCT), is set to divest itself of its Central Plaza property in Shanghai for US$266.73 million, as it works to consolidate efforts towards its flagship development. The
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    • Article
      Lock icon More DBS high net worth clients turn to online banking
      458 5  -  6.2 percentage point rise over 2 years to 53.5% By NISHA RAMCHANDANI ONLINE banking is taking off for DBS Bank, whose high net worth (HNW) clients are increasingly willing to do it virtually. Some 53.5 per cent of its HNW
      458 words
    • Article, Illustration
      Lock icon ST Aerospace wins $480m of deals in Q1
      328 5  -  By CAI HAOXIANG SINGAPORE Technologies Engineering’s aerospace arm said yesterday that it has won new contracts worth about $480 million in the first three months of the year. They are for airframe, component and engine maintenance, as well as engineering and development.
      Source: Bloomberg  -  328 words
    • Article, Illustration
      Lock icon Corporate buyers enjoy strong shareholder support
      597 6 Right time in the business cycle for long-term successful M&A, says JPMorgan By KENNETH LIM INVESTORS are increasingly rewarding companies who pursue acquisitions by bidding up their shares after deals are announced, according to an analysis by JPMorgan. The post-announcement outperformance is higher so
      Source: JP Morgan  -  597 words
    • Article, Illustration
      Lock icon Upside for office Reit sector limited: Credit Suisse
      570 6  -  But sector still attractive given hunger for yields By JOYCE HOOI THE office real estate investment trust (Reit) hot streak is expected to cool, with CapitaCommercial Trust (CCT) and Keppel Reit pegged at “neutral” in the latest Credit Suisse equity research report.
      ST FILE PHOTO  -  570 words
    • Article, Illustration
      Lock icon Performance-driven fees ideal: SIAS chief
      579 9  -  But no pressing issue for now on alignment of interests By ONG CHOR HAO A MOVE towards perform-ance-driven management fees would be ideal, but the question of alignment of interests isn’t a pressing issue for retail investors now, said the president of Singapore’s retail investor
      FILE PHOTO  -  579 words
    • Article
      Lock icon TEE Intl to develop NZ ‘workotel’
      323 9  -  By CAI HAOXIANG TEE International has made its first foray into the New Zealand market with a “workotel” project as Christchurch kickstarts its postearthquake rebuilding. It is acquiring a holi-day-home property there to convert it into a workers’ temporary accommodation. The project aims to
      323 words
    • Article
      Lock icon SGX signs MOU with China exchange
      255 9  -  By CARINE LEE SINGAPORE Exchange (SGX) has deepened its engagement in China with a memorandum of understanding signed to develop the derivatives markets in China and Singapore. The local bourse, which celebrated the fifth anniversary of its representative office in Beijing yesterday, inked the
      255 words
    • COMPANY BRIEFS
      • Article
        Lock icon Kingsmen unit’s dispute resolved
        122 9 KINGSMEN Creatives said that its subsidiary Kingsmen Exhibits has resolved a dispute with Chasen Holdings’ subsidiary Hup Lian Engineering. Hup Lian had sought to claim as much as $10.39 million. Kingsmen Exhibits settled for a fraction of the sum, not exceeding $1 million. The sum had
        122 words
      • Article
        Lock icon GKE injects $5m into subsidiary
        84 9 GKE Corporation, previously Van der Horst Energy Limited, has injected an additional HK$31.3 million (S$5 million) into its wholly owned subsidiary GKE Holdings (HK) through a share subscription at HK$1 per ordinary share. The issued and paid-up share capital of GKE Holdings has increased from
        84 words
      • Article
        Lock icon Cortina sells Orchard shop for $2m
        75 9 LUXURY watch retailer Cortina Holdings said it will sell its currently leased-out property at #02-52 Concorde Hotel Shopping Mall Singapore for $2 million. The book value of the property which has gross floor are of 807.29 square feet as at March 31 this year
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      86 5 Samsung recommends Windows 8. Enhanced Productivity On-The-Go Now get ready for a faster Smart PC Pro experience with ***** SSD! Samsung ATIVsmart PC^ HSPA+ Enabled Wendy Teo HE; Dinnw lorighl? < m-s. I s i S I 1I r WEM Enjoy a smarter PC experience with an array of intuitive
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      624 6 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 Productivity and Innovation Credit (Piq Claimable 2013 APRIL SERIES FULL-DAY WORKSHOPS Easy Marketing Tactics to Generate Sales Leads Promotion or marketing is viewed as an expensive
      624 words
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      1611 7 Integrating Social and Environmental Issues in Investment Decisions Advertorial By Usman Hayat, GFA The financial sector is often in the news for the wrong reasons for falling short on ethics and hurting society. The reasons for the bad press vary, but the outcome is the same: a loss of trust,
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon ST Index slips in quiet session
      583 8  -  But penny stocks end firmer with the broad market registering 281 rises to 164 falls STOCKS R SIVANITHY Senior Correspondent A LARGELY lacklustre session yesterday ended with the Straits Times Index 3.32 points lower at 3,293.25. Turnover was in line with recent totals at
      Source: Bloomberg  -  583 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 8 Apr 10 VALUE CLOSE BT OB/OS -355.00 +96.00 BT CADI -*****.00 +114.00 BT 10-day MA -*****.00 -36.00 FTSE ST Mid Cap 830.26 +2.74 FTSE ST Small Cap 582.06 +5.52 FTSE ST All Share 814.82 +0.34 FTSE ST China Top 219.11 +0.72 FTSE ST China 247.31 +0.63 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      53 8 VOLUME Infinio 223,955,000 Contel 174,026,000 Amplefield 169,409,000 SingHaiyi 127,346,000 WE Hldgs 104,557,000 Albedo 98,806,000 MDR 75,582,000 Digiland 73,278,000 Innopac 69,121,000 Magnus 66,442,000 VALUE($) SingTel 64,898,610 GLP 56,018,610 ISDN Hldgs 47,644,930 OCBC Bk 37,185,340 DBS Grp 35,694,654 Keppel Corp 32,549,095 Wilmar 31,103,565 CapitaLand 31,051,285 Noble Grp 30,550,605 Thai
      53 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 4 4 0 0 0 8 4 4 Manufacturing 67 37 35 16 4 8 83 41 43 Commerce 21 22 28 9 3 2 30 25 30 Tpt/Stor/Comms 17 17 11
      186 words
    • Article, Illustration
      Lock icon BROKERS’ TAKE
      817 8  -  Compiled by LYNN KAN ComfortDelGro Corporation April 10 close: $1.915 OCBC Investment Reearch, April 10 COMFORTDELGRO announced yesterday that its wholly-owned subsidiary, Metroline Ltd, will acquire a portion of FirstGroup plc’s London bus business and assets for approximately $109 million, which equates to a valuation of 5.2 times
      Source: Bloomberg  -  817 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 73,606 73,606 65,886 65,886 Manufacturing 711,283 251,717 963,000 200,874 7,748 208,622 Commerce 186,491 219,025 405,516 96,826 13,941 110,767 Tpt/Stor/Comms 105,437 10,443 115,880 157,426 4,022 161,448 Finance 89,273 128 89,401 128,768 52 128,820 Construction 87,786 25,529
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      116 8 Stock name Close Change CapMallsAsia 1.985 +0.020 CapitaLand 3.460 +0.010 CapitaMall 2.180 +0.010 CityDev 11.22 -0.090 ComfortDelGro 1.915 +0.015 DBS Grp 15.60 -0.060 GLP 2.760 Genting SP 1.460 +0.005 Golden Agri 0.570 +0.010 HK Land 7.330 +0.030 HPH Trust US$ 0.840 -0.005 JMH 64.65 -0.740 JSH
      116 words
    • Article, Illustration
      Lock icon Yen stems fall after Kuroda’s comments
      486 8 CURRENCIES Bloomberg [NEW YORK] The yen pared losses yesterday after Bank of Japan (BOJ) governor Haruhiko Kuroda indicated that policy adjustments are unlikely every month while reiterating that the central bank will take all steps necessary to meet its inflation target. “The biggest commitment
      Bloomberg; PHOTO: BLOOMBERG  -  486 words
    • Article
      Lock icon RISES
      112 8 BY CENTS CLOSE UP DBXT MSJAP 10US$ 4756 637.4 12.1 DBXT MSKorea 10US$ 5600 123.8 1.8 GLD 10US$ ***** 75.5 0.4 IS MS India 100US$ 599 28.5 4.0 DBXT AUD Bonds 5AU$ ***** 27.3 0.1 STXPO 100 420 21.0 5.3 Spore Land 919 21.0 2.3 DBXT CSI300 10US$ 791
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    • Article
      Lock icon FALLS
      125 8 BY CENTS CLOSE DOWN Hyflux 6% CPS 10 ***** -202.0 -1.8 JMH 6465 -91.6 -1.1 Jardine C&C 5054 -62.0 -1.2 JSH 3800 -39.6 -0.8 DBXT MSTHAI 10US$ 2193 -34.7 -1.3 DBXT FTVietnam 10US$ 2555 -23.5 -0.7 UOB.ES.1304 2033 -23.0 -1.1 DBXT S&P Short 10US$ 3150 -18.6 -0.5 UOB 2036
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      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
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      150 10 In the future, 2013 will be remembered as the year of the renminbi. In the Chinese calendar, 2013 is the year of the snake. For businesses around the world it is set to be the year of the renminbi. If you're already doing business with China, or considering it in
      150 words
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  • CONNECTING BUSINESS TO ASIA
    • Article, Illustration
      Lock icon Racing to the top
      726 11  -  Russian sportswear company Sportmaster Group plans to move up the value chain by developing its own brands and has chosen Singapore to be a key plank in that strategy By KAN KWOK LEONG AFTER decades as the leading wholesaler and retailer of top sporting wear brands
      PHOTO: YEN MENG JIIN  -  726 words
    • Article
      Lock icon 2013 may be turning point for the renminbi
      534 11  -  By JOSEPH ARENA The writer is head of global trade and receivables finance, HSBC Singapore THE internationalisation of China’s currency presents huge opportunities for international companies doing business in the country. Sometime in the future, 2013 could be seen as a turning
      534 words
    • Article
      Lock icon An Olympic blitz
      158 11 THE Sportmaster group is at the centre of the buzz that is slowly building towards the 2014 Winter Olympics in Sochi, Russia. In 2011 the company won a contest for the right to produce winter sports equipment featuring the Sochi 2014 logo. Since last year, it has
      158 words
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      187 11 Singapore the Asian hub for connecting international business Emerging markets are developing at a phenomenal pace and are set to reshape world trade patterns over the next 20 years. Singapore’s location at the heart of fast-growing Asian markets makes it a trade hub for the region. But are you in
      187 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Five teams get $4.5m grant for infectious diseases research
      361 12  -  By NISHA RAMCHANDANI FIVE research teams in Singapore and Australia have been awarded a total of $4.5 million in grants to carry out research projects aimed at tackling infectious diseases. The research collaborations will work to fight infectious diseases that have
      361 words
    • Article
      Lock icon Singapore ranks No 2 in infocomm
      426 12  -  Finland tops the rankings for the first time, taking over from Sweden By CAI HAOXIANG SINGAPORE has retained its world No 2 position on an annual index that tracks how ready countries are in the use of information and communication technologies. It has held
      426 words
    • Article, Illustration
      Lock icon Private residential resale prices up in Q1
      632 12  -  But number of transactions falls amid government cooling measures By NATHANIEL CHEW RESALE prices of non-lan-ded private residential properties edged up in the first quarter, despite fewer transactions taking place, data from the Singapore Real Estate Exchange (SRX) showed. Units in the Core
      Source: Singapore Real Estate Exchange  -  632 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon New property search engine launched
        86 12 THE Singapore Real Estate Exchange (SRX) has launched a new property search engine, SRX Locate, aimed at providing more relevant information to buyers and sellers. The service allows users to search for nearby properties using any geographical reference point, including schools and MRT stations. It
        86 words
      • Article
        Lock icon Heritage centre for Indian community
        83 12 THE Indian Heritage Centre (IHC) broke ground yesterday in Little India, marking the start of the construction of an institution that will be a focal point for the Indian community. To be completed in 2015, the four-storey building will be located at the junction of
        83 words
    • Article, Illustration
      Lock icon Big demand for flu detection kit developed by S’pore firm
      361 12 ENQUIRIES have surged for Vereflu, a portable lab-on-chip application for rapid detection of major influenza types, including the recent H7N9 virus. Developed by Singa-pore-based Veredus Laboratories, the Vereflu detects infection with high sensitivity and accuracy, providing genetic information in only
      361 words
    • Article
      Lock icon Registration kicks off for therapists
      312 12  -  Those already practising here must do so by April 2014 By MA XIANGYU STARTING April 15, the Allied Health Professions Council (AHPC) will commence registration of occupational therapists, physiotherapists and speech-lan-guage therapists. This is in accordance with the Allied Health Professions Bill passed in January
      312 words
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      154 12 Liverpool Student Living Assured 10% Net Yield Over 3 Years Self-contained modern studios from £59,950 Professionally managed and hands-off investment Highly-desirable location in Liverpool's Baltic Triangle Established developer with proven track records 250 years leasehold, mortgage available Money lodged in Escrow account Officially UK’s strongest asset class 2011/2012 Seminar Saturday,
      154 words
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      21 12 n 'X' DS MATS BUY IT* SELL IT* FIND IT Head to CATS FASTADS in The New Paper for job opportunities!
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Indonesia pockets less oil cash, fanning deficit fears
      768 13 Oil export revenue drops 23% in Jan, Feb; oil trade deficit widens to US$4.9b Reuters [JAKARTA] Indonesia’s oil export revenue is falling far below government expectations as output drops to a more than 40-year low, piling pressure on authorities to confront a
      Reuters; PHOTO: REUTERS  -  768 words
    • Article, Illustration
      Lock icon M’sian palm oil stockpiles hit seven-month low
      388 13 Decline, driven by export gains, could stem price slump Bloomberg [KUALA LUMPUR] Palm oil stockpiles in Malaysia, the world’s second-largest producer, fell the most in more than two years to a sev-en-month low in March as exports gained for the first time in
      Bloomberg; PHOTO: REUTERS  -  388 words
  • Page 13 Advertisements
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      30 13 Greenscreen Studio $550/day with HD cam, sound, lights crew Offer expires 30 April 2013, mention this ad for Special Rate above. Terms apply. Call 900-66-830 S’ r~~TCE f. 7» www.greenscreen.com.sg
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      155 13 relax V^Clli win i i >v«.. I Wherever you find yourself, that unmistakable Pacific touch always exerts a calming influence. It’s the perfect answer to a busy day. As you gaze over the city, the warmth of the sunset reminds you of home. The Pacific’s like that. Amidst the vibrant
      155 words
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  • INDIA
    • Article
      Lock icon Car sales fall for first time in 10 years, by 6.7%
      823 14 Market is plagued by huge discounts, chronic overcapacity Reuters [MUMBAI] India’s annual car sales fell for the first time in a decade in the financial year just ended and are expected to post subdued growth this year, calling into
      Reuters  -  823 words
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      67 14 n o K The yearning for the unattainable inspires us to look within and surpass ourselves. fk > L 9 Z B u v i j It 1 A unique blend of intelligent travel, artistic tastes, dining cultures, extraordinary personalities and life's exquisite pleasures. ZbBz an exclusive bilingual magazine that
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  • GREATER CHINA
    • Article
      Lock icon China stumbles in quest for resources
      836 15 Some 42% of mining bids worth US$107b fall through in past 5 years NYT [HONG KONG] China’s hunger for energy and resources has pushed its companies overseas in recent years, prowling for takeover targets that can help feed the ravenous demand for oil, natural
      NYT  -  836 words
    • Article
      Lock icon Import spike signals recovery in China’s domestic demand
      723 16 14.1% jump and export growth of 10% yield US$884m March trade deficit Reuters [BEIJING] China saw a mild trade deficit of US$884 million in March as a fore-cast-busting 14.1 per cent year-on-year surge in imports eclipsed export growth of 10 per cent,
      Reuters  -  723 words
    • Article, Illustration
      Lock icon China ex-railways minister charged with graft
      357 16 AFP [BEIJING] Prosecutors have charged China’s former railways minister Liu Zhijun with bribery and abuse of power yesterday, state media said, after scandals involving hundreds of millions of yuan. The official Xinhua news agency said the charges were filed at the Beijing No 2
      AFP; PHOTO: REUTERS  -  357 words
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      227 15 Fire AN ASME-LIANHE ZAOBAO AWARD Singapore Prestige Brand Award 13 Your Brand spirit Come ignite your passion for branding and let the brilliance of your brand shine at Singapore Prestige Brand Award 2013. The distinguished Award, which provides the perfect platform to showcase sizzling brands, is revered by local enterprises
      227 words
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      163 15 DA VINCI SOFA WEEK While stocks last! Storewide 30% 75% i Leather with fabric sofa now only $3,186 1 armchair usual 4^373T Leather sofa 2 armchairs now only $4,088 Usual -S-8;W6-Leather with fabric sofa 2 armchairs Now only $4,247 Usual 4^494rs AM-4EUR ibfpWITS ah'O "G74-BC/96VJ r Fabric sofa 2 swivel
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      2496 16 wt [«;AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices TEXCHEM-PACK HOLDINGS (S) LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****8296H) NOTICE OF THE TENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of the Company will be held at Changi Room, Level
      2,496 words
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      23 16 NOWAVAILABLEONiPAD ANDROID ASIA’S LEADING LUXURY YACHTING MAGAZINE Blu Inc Media (HK) Ltd. Tel: 852 2165 2800 Fax: 852 2868 1799 Email: queries@bluincmedia.com www.bluincmedia.com
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      123 17 r Hire Mr Right. www.stjobs.sg Q. Close to 60,000 hiring employers More than 1 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 email
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  • ECONOMY WATCH
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      Lock icon Developing Asia on track for annual growth of 6-7%
      525 18 ADB sees a firm trajectory that could last over the next decade NYT [HONG KONG] The economies of developing Asia appear to have settled into a new growth path that will allow the region to expand between 6 and 7 per
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      463 18 AFP [MADRID] Spain’s economy is faring a little better after an end-2012 slump and growth could even return by the end of 2013, Economy Minister Luis de Guindos said, as doubts grew over the prospects for debt-laden southern European economies. The Spanish economy had
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      Lock icon Australia braces for slowdown as mining declines
      446 18 Benchmark rate falls 1.75 points over 14 months till Dec Bloomberg [SYDNEY] Australia’s strong currency, a deceleration in resource investment from a peak this year, and tightening of government spending are likely to hurt growth in 2013, according to central bank assistant governor
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      2136 18 >;ato notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices INTERNET TECHNOLOGY GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****3068K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Boardroom, No. 10 Changi South Lane, #07-01,
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      1034 18 VGO Corporation Limited (Incorporated in the Republic of Singapore) notice ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of the Company will be held at Boardroom, No. 10 Changi South Lane, #07-01, OSSIA Building Singapore *****2 on 26 April 2013 at 10.15 a.m. to transact the
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      286 19 Amazing Gifts When You Subscribe To THE STRAITS TIMES THE STRAITS TIMES The big push for more babies BABY BOOSTERS ft. 9 ©lips ©[~E lei-iir 2JL fa 1t run R\l IMIS i C3 I! Rmsi ill PRINT iPAD SMARTPHONES ONLINE SUBSCRIBE NOW AND BRING HOME ONE OFTHESE AMAZING GIFTS! 2
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  • WORLD
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      Lock icon SEC proposes new trading tests for American bourses
      682 20 Exchanges, brokers must show they can recover from natural disasters, terrorist acts Bloomberg [NEW YORK] US exchanges and some brokers will be required for the first time to conduct coordinated trading tests to show they can recover from natural disasters or terrorist
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      Lock icon Q1 profits seen rising 35% at Big Six US banks
      704 22 But their struggle to boost revenue may end 18-month share price rally Bloom berg [NEW YORK] The six biggest US banks are projected to post a 35 per cent increase in first-quarter profit. But that may fail to prolong an
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      Lock icon Swiss banks eager to root out tax evasion
      668 24 They may accept only declared funds in move to clear tax haven reputation AFP [GENEVA] Amid a massive scandal involving France’s former budget minister and an undeclared Swiss bank account, Swiss banks are more eager than ever to kick out tax cheats
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      Lock icon LVMH head cancels request to obtain Belgian nationality
      548 24 Reuters [PARIS] Bernard Arnault, France’s richest man, has abandoned attempts to obtain Belgian nationality and will keep paying tax in his native country after months of speculation that he, like movie star Gerard Depardieu, wanted to dodge a 75 per cent supertax.
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      Lock icon TV moguls Murdoch, Diller in showdown
      691 26 Murdoch’s threat to make Fox cable-only would mean that Diller’s Aereo cannot resell Fox’s signal Bloomberg [NEW YORK] Billionaires Rupert Murdoch and Barry Diller are squaring off in what is fast becoming a struggle for the future of television. Mr Murdoch’s News Corp said
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      Lock icon Anti-dumping cases: EU officials seek more clout
      428 28 It could also result in trade authority levying punitive duties on more Chinese goods Reuters [BRUSSELS] EU trade regulators want to expand the scope of their powers to go after companies in anti-dumping investigations, according to EU documents obtained by Reuters. The proposal,
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      Lock icon European fund managers sharpen investment focus
      460 28 They cut back on products, trim costs amid inflow slump Reuters [LONDON] The rising cost of running vast numbers of investment funds is outpacing the money available to flow into them, prompting European managers to shake up what they sell. The moves which could
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      Lock icon Ex-HBOS chief offers to give up knighthood
      533 31 Crosby also offers a third of his pension for role that led to bank’s collapse Reuters [LONDON] James Crosby, former boss of failed British lender HBOS, has offered to give up his knighthood and nearly a third of his pension after being denounced
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      Lock icon UK’s Internet ad spend defies downturn
      338 31 PwC puts 2012 online advertising at £5.42b Reu ters [LONDON] Advertising spending on the Internet jumped 12.5 per cent in Britain last year, defying a flagging economy as companies battled to reach consumers spending more time on smartphones and tablet computers. The Internet Advertising
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      Lock icon More Americans opting to rent instead of buy – with help of apps
      422 31 More Americans opting to rent instead of buy with help of apps Reuters [TORONTO] Whether it is houses, cars, luxury clothing or sports equipment, more consumers are opting to rent, borrow or lease than buy, and a range of new apps are helping them do it online. In the last
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      Lock icon Job openings in US at highest level in 5 years
      748 32 Feb figure shows labour market was picking up before govt spending cuts took effect in March Bloomberg [WASHINGTON] Job openings climbed in February to the highest level in almost five years, signalling US employers were preparing to expand before federal
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      Lock icon Soil degradation costs world US$450b a year
      293 32 Deteriorated land causes up to 5% loss in farm output AFP [PARIS] Loss of land through desertification and drought costs up to 5 per cent of world agricultural gross domestic product (AGDP), or some US$450 billion, every year, according to a study presented
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      Lock icon KPMG quits as 2 US firms’ auditors amid FBI probe
      552 36 Move follows resignation of its partner handling Herbalife, Skechers Reuters [NEW YORK] In a blow to one of the world’s largest accounting firms, KPMG said it has resigned as auditor of two US corporations amid an FBI investigation into insider
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      Lock icon Julius Baer investors reject exec pay plan
      231 36 Reuters [ZURICH] Shareholders of Julius Baer have voted against the private bank’s executive pay plan for 2012, the first time investors have rejected a Swiss firm’s compensation proposals. More than 63 per cent of shareholders voted against the plan, which includes 6.68 million
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      Lock icon Austerity measures putting children at risk: UN
      436 38 Netherlands, Norway, Iceland, Finland and Sweden best wealthy countries for children to live in AFP [GENEVA] The United Nations has warned that austerity measures are hitting children hard, as it published a ranking of kids’ well-being in rich countries topped by northern European
      AFP; PHOTO: REUTERS  -  436 words
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      Lock icon Microsoft targets Google in ad campaign
      677 40 Its regulatory bashing of search giant also reflects rivals’ changing fortunes AP [SAN FRANCISCO] Microsoft is skewering Google again with ads and regulatory bashing that say as much about the dramatic shift in the technology industry’s competitive landscape as they do about the animosity
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      Lock icon Poor cousin of Bordeaux, Burgundy comes of age
      664 42 Languedoc attracts winemakers from around the world Reuters [LONDON] Winemakers from Britain, Australia, the United States and even elsewhere in France are raising the profile of France’s largest but most unsung wine region, LanguedocRoussillon. In south-west France bordering Spain and the Mediterranean,
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      Lock icon South Korea jobless rate in March down at 3.2%
      197 42 AFP [SEOUL] South Korea’s unemployment rate fell in March after a number of job seekers left the market for further education or stopped looking for work. The seasonally adjusted unemployment rate stood at 3.2 per cent in March, compared with 3.5
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      Lock icon Myanmar opens auction of 30 offshore oil blocks
      398 42 Fierce competition from foreign giants is expected AFP [YANGON] Myanmar has launched an auction of 30 offshore oil and gas exploration blocks expected to draw fierce competition from foreign giants hoping for a share of an energy bonanza. Successful bidders will be
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      Lock icon Global trade to be weaker than forecast: WTO
      485 44 Trade to grow 3.3% this year, much less than the 4.5% it had earlier predicted AP [GENEVA] Global trade will be weaker than expected this year as European economies struggle with their debt crisis, and will recover only slightly in 2014, the
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      Lock icon Spain, Slovenia pose biggest economic risks
      455 44 AFP [BRUSSELS] The European Commission warned yesterday that Spain and Slovenia pose the biggest economic risks at present and must quickly tackle excessive imbalances, giving them just weeks to show they can deliver the changes needed. Spain, where the banking system has already been
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      2257 20 wats notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices #TAT SENG PACKAGING GROUP LTD (Company Registration No. *****2806M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Tat Seng Packaging Group Ltd (the "Company") will be held at 348
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      18 20 China's food production expected to increase for ten consecutive years To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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      134 21 klSS92 All the great songs m one pi LIVE LOVE KISS HUG WINK KISS DRIVE WAVE KISS DREAM DARE KISS EAT DRINK KISS SHOP TALK KISS RUN JUMP KISS SKIP STEP KISS DANCE CHEER KISS READ SLEEP KISS WISH HOPE KISS SMILE LAUGH KISS GIVE YOUR FRIENDS A KISS NOW!
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      18 22 >:~`>.+~{$<^>,+_!?"<&"&[%/^['~) Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acguisitions Notices MATS NOTICES
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      2366 23 Q M DENTAL GROUP (SINGAPORE) LIMITED (Registration No. *****0507R) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 180 Kitchener Road, #B1-13/15 City Square Mall Singapore *****9 on Friday, 26 April 2013
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      3033 23 Notice of Annual General Meeting Banyan Tree Holdings Limited (Incorporated in the Republic of Singapore) (Company Registration No. *****3108H) NOTICE IS HEREBY GIVEN that the Thirteenth Annual General Meeting (“AGM”) of the Company will be held at Ballroom 1 Lower Lobby, The Fullerton Hotel, 1 Fullerton Square, Singapore *****8, on
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      1420 24 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ASIASONS CAPITAL LIMITED Company Registration No. *****6459N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that theAnnual General Meeting of the Company will be held at 70Anson Road, #24-01 Hub Synergy Point, Singapore *****5 on Friday, 26
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      1481 24 y CHINA MERCHANTS HOLDINGS (PACIFIC) LIMITED (Company Registration No. *****1278D) (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of China Merchants Holdings (Pacific) Limited (the "Company") will be held at Pan Pacific Singapore, Ocean 12-13, Level 2, 7
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      2904 25 MANUFACTURING INTEGRATION TECHNOLOGY LTD Company Registration No. *****0075N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Manufacturing Integration Technology Ltd (the “Company”) will be held at Albizia Room, Level 2, Jurong Country Club, 9 Science Centre Road,
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      2698 25 WEE HUR HOLDINGS LTD. Company Reg. No.: *****9510K (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of Wee Hur Holdings Ltd. (the “Company”) will be held on Friday, 26 April 2013 at 11.30 a.m. at Quality Hotel
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      1141 26 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ANNAIK LIMITED (Co, Reg, No. I*****066M) (Incorporated in Singapore with limited liability) Notice Of Annual General Meeting Wj I AnnfiiK J LIMITED NOTICE IS HEREBY GIVEN that the Annual General Meeting of AnnAik Limited (“the Company”) will be held at 52 Tuas Avenue
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      1248 26 kitchen culture KITCHEN CULTURE HOLDINGS LTD. (Registration Number *****7179D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of KITCHEN CULTURE HOLDINGS LTD. (the “Company") will be held at 25 New Industrial Road, #02-01 KHL Industrial Building, Singapore *****1 on Friday, 26 April 2013 at
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      942 26 UBAM CONVERTIBLES Société d'Investissement à Capital Variable Registered office: 127, avenue des Champs Elysées ***** PARIS 424 316 750 RCS Paris NOTICE TO ATTEND Shareholders are hereby invited to attend the Annual General Meeting at 11:00 on Tuesday 23 April 2013 at 127, avenue des Champs Elysées ***** Paris, in
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      2787 27 VIKING OFFSHORE AND MARINE LIMITED (Company Registration No. *****7300M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 21 Kian Teck Road, Singapore *****3 on Friday, 26 April 2013 at 10.00 a.m.
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      1508 27 BBR HOLDINGS (S) LTD (Incorporated in the Republic of Singapore) Company Registration No. *****4349M NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Nineteenth Annual General Meeting of BBR HOLDINGS (S) LTD (the “Company”) will be held at 50 Changi South Street 1, BBR Building, Singapore *****6 on
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      2914 28 AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SEROJA INVESTMENTS LIMITED (Registration No. :*****0847M) (Incorporated in the Republic of Singapore) (the “Company") NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of the Company will be held at RELC International Hotel, 30 Orange Grove Road,
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      2274 29 /SD/YHoldings limited ISDN HOLDINGS LIMITED (Incorporated in the Republic of Singapore Company Registration No. *****6788Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ISDN HOLDINGS LIMITED (the “Company”) will be held at 12 Kallang Way #02-01, Nova Building, Singapore *****6 on Friday, 26
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      2598 29 aA HANWELL HOLDINGS HANWELL HOLDINGS LIMITED (Company Registration No. *****0888M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Ninth Annual General Meeting of Hanwell Holdings Limited (the "Company'') will be held at 348 Jalan Boon Lay. Singapore *****9 on Friday, 26
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      261 30 <r 1 x I 4. m ■j ms A «JStiV -V A mm V BEST SELLING RESIDENTIAL DEVELOPMENT IN CBD ATTRACTIVE DISCOUNT PACKAGE NEW RELEASE OF 3 BEDROOM UNITS 3 bedroom units from $1,855psf Studio units from $1.2m BUSINESS ON SHENTON ENTERTAIN Excitingly transformed Shenton Way for complete liveability even
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      89 31 J Thru i Si v--. i ORCHARD RQ4D A GRB/IT STREET Free WIFI Download the PARAGON App Available COFFEE AND NVERSATION BETUUEE DECISIONS, DECISIONS. Cafes one on every floor offer pause from the rush of shopping. So when your feet tire, let your taste buds take over. Bakerzin Cafe Manuka
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      299 32 QRY1V2R-,027QR2Q01 A1+C.,3B0=A )C+,3, +?=@7 0.=?35<,., 0. 0.=?3/=5,2= ?/3,2= ?+8C32 +?3?A+ 53+C 3I>I!. >3F ),?9R0 2701W472 ’]%D’L D&< D^[H <L&< >D’]D!!L&H D&< !!L &<%- D!J%>>[C D^[> D@L <L&6 OKEKG D^[H ][%<L!:C[C 9S700? 9U/RY1 RY9#>3 2!@>97H!!3$7#0 BD>%@L 3L^ <L&< >@D<<L^ ’]%>:[& F]L ][%<L!:C[C 1$0,4) ,49)3!98 G7< 93JB 24/9# 3HL:ADFL D&< D]%^L5D !!%6
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      3661 33 mats notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HO BEE INVESTMENT LTD Company Registration No. *****2381M (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 25th annual general meeting of Ho Bee Investment Ltd (the “Company”) will be held at 12 Tannery
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      1921 34 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Mencast PARTNER PERFECT MENCAST HOLDINGS LTD. (Incorporated in Singapore on 30 January 2008) (Company Registration No. *****2235C) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Mencast Holdings Ltd. (the “Company”) will be held at Jurong Country Club, Level 2, 9
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      1582 34 ZIWO HOLDINGS LTD. (Company Registration No. *****0853Z) (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ziwo Holdings Ltd. (the “Company”) will be held at 6 Battery Road #10-01 Singapore *****9 on Monday, 29 April 2013 at 2.00
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      1322 35 FUJI OFFSET PLATES MANUFACTURING LTD (Company Registration No. *****4769G) (Incorporated in the Republic of Singapore) NOTICE OFANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of FUJI OFFSET PLATESMANUFACTURINGLTD(the“Company”)willbeheldatConferenceRoom, 2 Jalan Rajah, #06-28, Golden Wall Flatted Factory, Singapore *****4 on Friday, 26 April 2013 at 3.00 p.m.
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      3139 35 out COMBING WILL Combine Will International Holdings Limited Incorporated in the Cayman Islands on 8 October 2007 (Registration No. MC-*****3) NOTICE OF THE ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Conrad Centennial Singapore, 2Temasek Boulevard, Singapore *****2 on
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      1255 36 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices nn a bi WEIVE HOLDINGS LIMITED WEIYE HOLDINGS LIMITED (Company Registration No. *****2850E) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Weiye Holdings Limited (the "Company") will be held at Carlton Hotel Singapore,
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      1412 36 HL GLOBAL ENTERPRISES LIMITED Company Registration No. *****0131N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fiftieth Annual General Meeting (the "Meeting”) of HL GLOBAL ENTERPRISES LIMITED (the "Company”) will be held at Grand Copthorne Waterfront Hotel. Canary Room, Level 4,
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      11 36 CATS Recruit The first step on your ladder to success BEATS
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      1963 37 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Aztech AZTECH GROUP LTD (Incorporated in the Republic of Singapore) Company Registration No. *****1642R NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of AZTECH GROUP LTD will be held at 10 Eunos Road 8, Level 5,
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      2863 37 STRACO CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****3482R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Amara Singapore, 165Tanjong Pagar Road, Singapore *****9 on 26 April 2013 at 10.00 a.m. to transact
      2,863 words
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      2375 38 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices GSH CORPORATION LIMITED (Formerly known as JEL Corporation (Holdings) Ltd.) (Incorporated in the Republic of Singapore) (Company Registration No. *****6139K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that theAnnual General Meeting of GSH Corporation Limited (“the Company”) will be held
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      1713 38 HSR GLOBAL LIMITED Company Registration No. *****0314D (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of HSR Global Limited (the “Company”) will be held at 3 Lorong 6 Toa Payoh, #01-01 HSR Building, Singapore *****8 on Friday, 26
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      3530 39 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IRfOad/ JB FOODS LIMITED (Company Registration No. *****0268D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT THE ANNUAL GENERAL MEETING of the Company will be held at Chartroom, Raffles Marina, 10 Tuas West Drive,
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      1254 40 AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices NOTICE IS HEREBY GIVEN that the Annual General Meeting of Nera Telecommunications Ltd (the “Company”) will be held at 109 Defu Lane 10, Singapore *****5 on Friday 26 April 2013 at 11.30 a.m. for the following purposes: AS ORDINARY BUSINESS 1. To
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      1300 40 *F5B5 SI NOSTAR SINOSTAR PEC HOLDINGS LIMITED Company No. *****9833N (Incorporated in Singapore with limited liabilities) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sinostar PEC Holdings Limited (the "Company”) will be held at Marina Mandarin Singapore, 6 Raffles Boulevard, Marina Square, Singapore
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      11 40 CATS Recruit The first step on your ladder to success CLA/AUG06/g
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      4252 41 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices M]R V J MDR Limited mDR LIMITED (Company Regislralion No. *****9059G) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting of mDR Limited (“the Company") will be held at The
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      1530 42 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices o LINDETEVES-JACOBERG LIMITED (Company Registration No. *****0172G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 65 ,h Annual General Meeting of Lindeteves-Jacoberg Limited (the “Company”) will be held at 3 Church Street, Level 8
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      11 42 CATS Recruit The first step on your ladder to success CLA/AUG06/g
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      1948 43 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices (CompanyRegistrationNo:*****1030G) (IncorporatedinSingaporewithlimitedliability) NOTICEOFANNUALGENERALMEETING NOTICEISHEREBYGIVENthattheAnnualGeneralMeetingofAspialCorporationLimited(“theCompany”)willbeheldat55UbiAvenue1,#07-11,Ubi55, Singapore*****5onFriday,26April2013at10.00amforthefollowingpurposes: ASORDINARYBUSINESS 1. ToreceiveandadopttheDirectors’ReportandtheAuditedAccountsoftheCompanyfortheyearended31December2012togetherwiththe Auditors’Reportthereon. (Resolution1) 2. Todeclareafinaltaxexempt(one-tier)dividendof1.8Singaporecentsperordinarysharefortheyearended31December2012(previousyear:1.0 Singaporecentperordinarysharetaxexempt(one-tier)). (Resolution2) 3. Tore-electMrWongSoonYumwhoisretiringpursuanttoArticle104oftheArticlesofAssociationoftheCompany. (Resolution3) MrWongSoonYumwill,uponre-appointmentasaDirectoroftheCompany,remainasamemberoftheAuditCommitteeandwillbeconsideredindependent. 4. Tore-appointMrKauJeeChuwhoisretiringunderSection153(6)oftheCompaniesAct,Cap.50,toholdofficefromthedateofthisAnnualGeneral MeetinguntilthenextAnnualGeneralMeetingoftheCompany. [SeeExplanatoryNote(i)] (Resolution4) MrKauJeeChuwill,uponre-appointmentasaDirectoroftheCompany,remainasamemberoftheAuditCommitteeandwillbeconsideredindependent. 5. ToapprovethepaymentofDirectors’feesofS$148,000fortheyearended31December2012(previousyear:S$148,000). (Resolution5) 6. Tore-appointErnst&YoungLLPastheAuditorsoftheCompanyandtoauthorisetheDirectorsoftheCompanytofixtheirremuneration. (Resolution6) 7. TotransactanyotherordinarybusinesswhichmayproperlybetransactedatanAnnualGeneralMeeting. ASSPECIALBUSINESS Toconsiderandifthoughtfit,topassthefollowingresolutionsasOrdinaryResolutions,withorwithoutanymodifications: 8. Authoritytoissueshares ThatpursuanttoSection161oftheCompaniesAct,Cap.50andRule806oftheListingManualoftheSingaporeExchangeSecuritiesTradingLimited (“SGX-ST”),theDirectorsoftheCompanybeauthorisedandempoweredto: (a) (i) issuesharesintheCompany(“shares”)whetherbywayofrights,bonusorotherwise;and/or (ii)
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      2672 44 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Pharmesis International Ltd. (Incorporated in the Republic of Singapore) (Company Registration Number *****9641E) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the 9thAnnual General Meeting of Pharmesis International Ltd. (“the Company”) will be held at No. 5 Kallang Sector ,#03-02,
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      3390 45 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices (Incorporated in the Republic of Singapore) (Company Registration No.: *****5416H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Eighth Annual General Meeting of the Company will be held at M Hotel Singapore, Shenton Room, Basement 1, 81 Anson Road,
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      1879 46 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices TOP GLOBAL LIMITED TOP GLOBAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****3719Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Orchard Hotel Singapore, 442 Orchard
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      1451 46 (mtracq) INTRACO Limited (Incorporated in the Republic of Singapore) (Company Registration Number *****0526Z) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Forty-Fourth Annual General Meeting of INTRACO Limited (the “Company") will be held at Taurus, Level 1, Marina Mandarin Singapore, 6 Raffles Boulevard, Marina Square, Singapore *****4
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      823 46 In the Matter of The Companies Act, Cap. 50 and In the Matter of GEOTEAM FAR EAST PACIFIC PTE. LTD. (In Member's Voluntary Liquidation) (Company Registration No. *****0S25Z) ("Company") On 5 April 2013, the Resolutions set out below were duly passed at the Extraordinary General Meeting of the abovenamed Company
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      428 46 In the Matter of The Companies Act, Cap. 50 and In the Matter of FUGRO DATA SOLUTIONS PTE. LTD. (In Member's Voluntary Liquidation) (Company Registration No. *****5607D) ("Company") On 5 April 2013, the Resolutions set out below were duly passed at the Extraordinary General Meeting of the abovenamed Company pursuant
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      444 47 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices )[>?,]}}:+_"{?=`?`}"{)<!_}!)`&| jH isSm Art lessons, anyone? Paint your own story by drawing out an art lesson or two from Class 21 right now! IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF WISMA DEVELOPMENT PTE LTD (IN
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      2118 47 LEY CHOON GROUP HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****0318G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Conference Room, No 4 Sungei Kadut Street 2, Sungei Kadut Industrial Estate, Singapore
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      1966 48 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices AA GROUP HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Registration No. *****2064D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of AA Group Holdings Ltd. (the “Company”) will be held at Peach Garden Miramar Hotel
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  • SHIPPING/AVIATION
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      Lock icon Ship glut? Lenders willing to finance new orders
      414 49  -  Fuel-efficient ships may keep orders flowing, with export credit agencies’ help SINGAPORE MARITIME WEEK By LYNN KAN [SINGAPORE] The oversupply of ships may well drag on. As long as ship owners were convinced of the merits of ordering a fuel-effi-cient ship or
      414 words
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      Lock icon Shipping told to take a leaf from aviation safety
      441 49  -  By NG SAI YING [SINGAPORE] The maritime sector can draw lessons from aviation, another capital-intensive industry, on how to better its safety record and technology progressiveness, said James Hughes-Hallett, chairman of John Swire Sons. Sharing his experience at the conglomerate, which
      PHOTO: BLOOMBERG  -  441 words
    • Article
      Lock icon Boeing planning US$1b expansion to 787 factory
      443 49 Reuters [CHARLESTON, South Carolina] Boeing Co plans to invest at least US$1 billion to expand production at its 787 Dreamliner factory in South Carolina over the next eight years, creating at least 2,000 jobs at the final assembly plant in North Charleston. Boeing
      Reuters  -  443 words
    • Article
      Lock icon TRANSPORT STOCKS
      237 49 SGX '000 Apr 10 S$ +/-Vol CH Offshore '000 Chuan Hup Hldg 0.27 unch 229 Cosco Corp 0.90 unch 1655 Vol First Ship Lea 0.12 unch 49 Freight Links 0.08 unch 3718 Grand Banks unch unch 0 Jaya Hold Ltd Chuan Hup Hldg K1Ventures 0.27 Keppel Corp 11.30
      237 words
    • Article
      Lock icon Japan’s the comeback kid in plane-building industry
      614 49 NYT [TOKYO] As a small boy, Teruaki Kawai watched wide-eyed as American DC-3s took off and landed at a small airport across an inlet from his home on the Hiroshima coast. Japan’s golden era of aviation, which culminated with the feared and respected
      NYT  -  614 words
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      891 49 ASIASONS CAPITAL LIMITED Company Registration No. *****6459N (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING The terms and expressions not de~ned herein have the same meanings as ascribed to them in the Circular. NOTICE IS HEREBY GIVEN that an extraordinary general meeting (the “EGM”) of the Shareholders
      891 words
  • Page 49 Miscellaneous
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      Lock icon Page 49 Miscellaneous Column 1
      353 49 CRYPTIC CROSSWORD Across 1 Fellow covering miles, one sailing maybe in competition (12) 9 Chelsea footballer eats Indian bread going around ground (9) 10 In hotel I teach select group (5) 11 The old man’s name one learner’s forgotten a mathematician (6) 12 Clog of old boy on street caught
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  • EDITORIAL & OPINION
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      Lock icon China is still key to easing Korean tensions
      518 50 EDITORIAL APART from the American decision to postpone a missile test in California late last week, brinkmanship is being pushed to a whole new level in the Korean Peninsula in what seems be the most serious crisis in the region since the
      518 words
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      Lock icon Where’s the tirade over blatant yen depreciation?
      787 50  -  THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent WAS there a secret or “backdoor” deal between Tokyo and Washington before Japanese Prime Minister Shinzo Abe launched his blitzkrieg against deflation at the start of this year and Bank of Japan governor Haruhiko Kuroda unleashed
      787 words
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      Lock icon Google is building the perfect search engine
      1032 50  -  Tomorrow’s version will be so smart, it’ll even tell you things before you ask By BEN GOMES The writer is leader of the company’s engineering efforts on search features OST of us take for granted nowadays that a simple Google search can help
      PHOTO: AFP  -  1,032 words
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      Lock icon Will greatness be forced upon him?
      1411 51  -  Dangerous global events require Barack Obama to take a few risks that could turn him into a great US president LEON HADAR Washington Correspondent WHEN Americans are asked to list their country’s greatest presidents, the names that usually come up are: George Washington, Abraham
      PHOTO: REUTERS  -  1,411 words
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      Lock icon China’s rising financial chaos quotient
      763 51  -  REUTERS BREAKINGVIEWS By JOHN FOLEY WILL China have a financial crisis? And if so, would Chinese people be any worse off? The answers are not found in the country’s rapidly rising levels of debt, but in the potential for chaos when things go wrong. China
      PHOTO: REUTERS  -  763 words
    • Article
      Lock icon Investors should remember ‘caveat emptor’
      310 51 LETTER TO THE EDITOR “THE Wall Street Jungle” is a familiar phrase that could easily be said to apply to stock markets everywhere, and “Caveat Emptor” (there is need here for emphasis) has ever been the basic principle for all who enter their portals. If
      310 words
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      103 51 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
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  • Article
    Lock icon SHIPPING TIMES
    1487 52 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination STXPO TBN Camden/New
    1,487 words
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      83 52 Shipping lines seeking reliable logistics partners TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? M The Business Times Shipping Times PLACE YOUR AD HERE .The Business Times Shipping Times CALL JOE WONG AT 9620 1327 PLACE YOUR AD HERE The Business
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3372 53 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 11 7 AEM --AAT M Cap 167.5 106 AIMSAMPIReit 165.5 unch 219 166 161.5 164 165.5 5 15.8 743.8
      3,372 words
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      Lock icon SGX CATALIST
      226 54 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 3.3
      226 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      10472 54 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 0.9983/ Asian Smaller Cos'" 1 9935/ EM Local Ccy Bond 1.022/ European Opportunities 1 1 1575/ Global Emerging Markets 1
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      Lock icon GLOBALQUOTE
      249 54 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 46.5 30 Genting HK US$ US43.5 unch 9393 44 42.5 43 43.5 2864.3 Last 260 181 TanChongInt HK249cd -1 60 249 249 248 250 4.3 2.8
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      Lock icon SGX ETF
      925 54 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 118.5 +0.5 3 118.5 118.5 119 119.2 540.9 136.8 120.4 CIMB APAC Div 100S$D 136.1 136.2 137.1 111.7 95.8 CIMB
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      616 55 Apr 10 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.31 *****.15 *****.31 Jun13 *****.00 *****.00 *****.00 *****.00 *****7 *****2 Sep13 *****.00 *****.00 *****.00 *****.00 54 3940 MSCI TAIWAN INDEX FUTURES SPOT 279.06 279.16 277.87 Apr13 276.80 279.10 276.10 277.90 ***** *****6 May13 276.40
      616 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 55 In local curr In S$ In US$ dy yr dy yr dy yr Apr 9 Index Change Change Change Change Change Change World Preliminary 1023.3 0.2 9.1 0.2 8.5 0.3 6.9 EAFE Preliminary 846.3 0.3 9.3 0.4 6.0 0.5 4.5 Europe Preliminary 1200.0 0.2 4.6
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 55 Apr 10 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.067 6.512 0.802 8.162 57.299 101.880 1.045 11.940 3.189 1.231 103.363 43.162 1.301 9.398 0.979 31.505 30.503 0.686 1.051 Canada 0.937 6.103
      471 words
    • Article
      Lock icon SIBOR
      64 55 Apr 10 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid
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    • Article
      Lock icon PRECIOUS METALS
      141 55 Apr 10 GOLD(US$/oz) Apr 09 Apr 10 Hong Kong 1583.00 1593.00 Apr 08 Apr 09 London 1570.34 1587.01 1571.56 1587.78 Source: Thomson Reuters CAST BAR Apr 10 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 141 63 5gm 402 315 10gm 717 630
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    • Article
      Lock icon GOVERNMENT SECURITIES
      92 55 Apr 10 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 11-Jul-13 0.24 6-Month BS*****X 04-Oct-13 0.25 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-13 100.16 100.21 100.20 5-Year N*****0T 2.375
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    • Article
      Lock icon PALM OIL
      57 55 Apr 10 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 13 2400.0 2338.0 2400.0 2270.0 12 611 May 13 2390.0 2360.0 2410.0 2360.0 1201 8588 Jun 13 2402.0 2371.0 2416.0 2370.0 ***** ***** Jul 13 2409.0 2381.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 55 Apr 10 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3010 1.3017 1.0512 1.0517 Canadian dollar 1.2196 1.2198 0.9855 0.9854 Euro 1.6216 1.6220 1.3103 1.3105 NZ dollar 1.0568 1.0574 0.8539 0.8543 Sterling pound 1.8975 1.8983 1.5332 1.5337
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    • Article
      Lock icon CHICAGO BOT
      106 55 Apr 9 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 13 1395.50 1378.00 1397.00 1375.50 Jul 13 1371.25 1358.00 1371.50 1356.00 Aug 13 1339.50 1329.25 1317.50 1317.50 Sep 13 1280.50 1270.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 13 49.98 49.52
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    • Article
      Lock icon LIFFE
      94 55 Apr 9 COCOA (£/tonne) Close Prev High Low May 13 1485 1473 1488 1459 Jul 13 1486 1471 1488 1459 Sep 13 1496 1483 1498 1473 Dec 13 1501 1490 1504 1480 COFFEE(US$/tonne) Close Prev High Low May 13 1992 2008 2003 1990 Jul 13 2037 2055 2050 2035
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      920 55 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 669 4.88 13 Albedo Limited W*****9 Ratio Exer Asiatravel.com HoldingsW*****7 3 1 25 15 Asiatravel.com HoldingsW*****5 3.3 1 27 39 Disc Best World Intl Ltd
      920 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 55 CRUDE OIL PRODUCTS Apr 09 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 104.94 0.63 WTI (Near Mth) 94.17 0.73 Dubai (1-Mth F) 102.40 0.12 Tapis blend 110.11 -0.12 Minas 104.21 -0.12 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 96.67 0.23 Jet Kerosene 118.73 0.12 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 55 Apr 10 S$ Bid Offer 1-month 1.2375 1.2376 2-months 1.2374 1.2376 3-months 1.2373 1.2379 6-months 1.2369 1.2384 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 55 Apr 09 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1883.25 1853.00 3 months 1919.00 1890.00 Copper, Grade A(US$/tonne) Cash 7601.50 7420.00 3 months 7630.00 7450.00 Lead(US$/tonne) Cash 2064.50 2032.00 3 months 2090.00 2058.00 Nickel (US$/tonne) Cash *****.50 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 55 As at 9am Apr 10 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.329 1.266 Can dollar 1.247 1.188 Euro 1.657 1.579 Sterling pound 1.932 1.858 NZ dollar 1.089 1.028 US dollar 1.263 1.203 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      157 55 Apr 10 $S Offer Bid 0vernight 0.05 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ 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 12
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  • PROPERTY
    • Article, Illustration
      Lock icon Toronto developers shift to lower gear
      1354 56  -  Slowdown comes as buyers retreat amid tighter mortgage rules, a slowing economy and record consumer debt, reports KATIA DMITRIEVA reportsKATIA reportsKATIA DMITRIEVA Bloomberg [TORONTO] ORONTO condo builders are slowing development in a bid to avoid a crash after a decade-long boom led to 159
      Bloomberg; PHOTO: BLOOMBERG  -  1,354 words
    • Article
      Lock icon Househunt
      958 56 PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 28 WITH CONTRACT DATES BETWEEN MARCH 13 AND MARCH 19, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED V On Shenton Apt 18/03/2013 99 743 1789 2409 District 2 NON-LANDED
      958 words
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      Lock icon How to plug hole in Penney’s finances
      915 57 With the ouster of its failed CEO, the solution may be a sale of some or all of the company NYT [NEW YORK] Two years ago, William A Ackman, a newly minted board member of J C Penney, quietly met the man he
      NYT; PHOTO: AP  -  915 words
    • Article
      Lock icon SM Investments mulling over merger of property units
      424 57 Bloomberg [SINGAPORE] SM Investments Corp, controlled by Philippine billionaire Henry Sy, is working with JPMorgan Chase Co, Macquarie Group Ltd and BDO Unibank Inc as it considers merging its property units into a single company, said three people with knowledge of the
      Bloomberg  -  424 words
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      Lock icon Five-star hotels in US losing lustre
      1360 58  -  Only 6 are expected to open in 2013, the same as in 2012 and down from 23 just three years ago, reports NADJA BRANDT Bloomberg [LOS ANGELES] Developers are shunning luxury hotels in the US as room rates fail to rebound to peak levels
      Bloomberg; PHOTO: BLOOMBERG  -  1,360 words
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      Lock icon Modest growth seen for Aussie home prices
      718 59 Consumers remain conservative about their indebtedness Bloomberg [SYDNEY] Australian home prices will see a modest improvement as consumers remain conservative about their level of indebtedness, Westpac Banking Corp and National Australia Bank Ltd forecast. “We’re not looking for another huge surge in prices
      Bloomberg; PHOTO: BLOOMBERG  -  718 words
    • Article
      Lock icon JTC eases sub-letting rule for third-party facility providers
      540 59  -  Minimum space for anchor tenants halved to 1,500 sq m but 50% rule still stands By GRACE NG JTC Corporation has relaxed its sub-letting rule for third-party facility providers, halving the minimum space that each anchor tenant must occupy. Made on April
      540 words
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      Lock icon Page 57 Advertisements Column 1
      281 57 AN OPPORTUNITY IN SOUTH WEST LONDON FROM £390,000 Style, quality and convenience in one of the most coveted areas of London. This development consists of 76 units, comprising of 1, 2 3 bedroom apartments. 100% private apartments for sale High interior specifications Views across central London from selected units Zone
      281 words
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  • Page 58 Advertisements
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      Lock icon Page 58 Advertisements Column 1
      339 58 DTZ Debenham Tie Leung (SEA) Pte Ltd CEA Licence No: L*****01G SUNSHINE PLAZA Strata Office Units for Sale Contact:DTZ Investment Advisory Services Tel: 6293 3228 Unit size from 484 sq ft Exclusive office reception lobby Within walking distance to Dhoby Ghaut, Bugis, Bras Basah and the future Bencoolen MRT stations
      339 words
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      Lock icon Page 58 Advertisements Column 2
      259 58 BUILDING NEXT TO MM AVt S\M S MRT (EW9) i OB Sublet SU e SHOPS 4* OCBC ROAD evla^ g C\TV vept .*4 6, 8 LORONG 19 GEYLANG| Freehold Residential Institutional Land Area: 5563 sqft Plot ratio: 2.8 (Up to 8 storey) Near Aljunied MRT Easy access to CBD via
      259 words
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      Lock icon Page 58 Advertisements Column 3
      22 58 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices V I BSArsa NOTICES CLA/FEB1 1/g
      22 words
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      Lock icon Page 58 Advertisements Column 4
      159 58 International Property Group Pte Ltd 8 Marina View, #07-04, Asia Square Tower 1. S.*****0 CEA Estate Agent Lie No. L*****69F A Singapore based Boutique Real Estate B Focusing On Commercial Real Estate InCej Region of Singapore Regional Cities. We deal with Sales Leasing of the following types of assets 3
      159 words
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      91 59 The Premier Real Estate Agency GES CORPORATE TEAM WE PROVIDE A UNIQUE STRATEGY TO LANDED PROPERTY OWNERS AND FACILITATE THE MARKETING OF SALES PURCHASES OF LANDED PROPERTY Visit GPSLanded.com Holland area 16,100 sq ft (Hidden Gem) ■rflrcntw 'wm,'} Holland area 21,388 sq ft (Regular land) I Holland areal 5,200 sq
      91 words
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      Lock icon Page 59 Advertisements Column 2
      504 59 LOVE WHERE YOU LIVE Lend Lease kkdiL dr—ff fUM gp p' T Jj pp 3&$sr: ij' T?L T v? «rvItjj'jftf i i u i j j|jfj TIT B! #K. I& T “-r i A "•s ‘SSSSf-' -TJ5 S ..r-- rr sibjs :j n syv j v x Jlr ,u i
      504 words
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