The Business Times, 3 June 2013

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

Microfilm: NL32624
Total Pages: 32
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Monday, June 3, 2013
    25 words
  • Article
    Lock icon Consultants split on govt land sales in H2
    1110 1  -  Fate of executive condo subsidy weighs on views over supply of private housing land By KALPANA KALPANA RASHIWALA [SINGAPORE] Property consultants polled by BT gave a mixed bag of views on what could be in store for the Government Land Sales (GLS)
    1,110 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      57 1 Weekly Change ST INDEX 3,311.37 -81.80 KL COMP 1,769.22 -3.84 NIKKEI 225 13,774.54 -837.91 HANG SENG 22,392.16 -226.51 SET INDEX 1,562.07 -45.39 JAKARTA COMP 5,068.63 -86.46 MANILA COMP 7,021.95 -246.96 SEOUL COMP 2,001.05 27.60 SHENZHEN B 875.94 13.78 MUMBAI IND 19,760.30 55.97 DOW 15,115.57 -187.53 NASDAQ 3,455.91 -3.23 S&P
      57 words
    • Article
      Lock icon PRIME RATES
      20 1 SINGAPORE MALAYSIA HONG KONG 5.38 TAIWAN 5.00 JAPAN 13.138 TAIWAN 5.036 JAPAN 1.475 KOREA INDIA BRITAIN Source: Bloomberg
      20 words
    • Article
      Lock icon FOREX
      49 1 US$ S$ US$ (S$ per US$) 1.262 (US$/S$ per 1.521 1.920 EURO (US$/S$/E) 1.303 1.645 Foreign currency per US$ S$ YEN 100.60 79.70 RM 3.090 2.447 HK$ 7.764 6.150 BAHT 30.21 23.93 RUPIAH 9,803 7,765 RENMINBI 6.137 4.862 INDIAN RUPEE 56.58 44.82 A$ 1.042 0.825 NZ$ 1.248 0.988
      49 words
  • Article
    Lock icon Financial firms aim to keep 75% of staff local
    867 1  -  They cite familiarity with clients as reason to focus on hiring S’poreans By MALMINDERJIT SINGH [SINGAPORE] Banks are getting the government’s call for a stronger Singapore core in the workforce loud and clear. While recognising and emphasising the need to have
    867 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      118 1 DINING OUT New age Saint Pierre PAGE 24 YOUNG INVESTORS' FORUM 3 sides to the oil and gas sector PAGE 14 VIEWS FROM THE TOP Asia on the move PAGES 12-13 M&A VALUATIONS Better outlook for 2013 PAGE 4 BT WEBSITES For breaking news, go to businesstimes.com.sg. For personal finance
      118 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon StanChart on dearth of locals to form core
      553 2  -  CEO says his bank would not have grown if it had a locals-only focus By MALMINDERJIT SINGH [SINGAPORE] The perception that there needs to be a stronger Singaporean core in the financial sector here is “a real issue” and one that arises
      BT FILE PHOTO  -  553 words
    • Article, Illustration
      Lock icon OCBC talent pipeline boosted by long-term programmes
      601 2  -  S’poreans and PRs benefit most, given bank’s make-up By ANDREA SOH [SINGAPORE] Even as it looks to foreign shores for growth, OCBC is conscious about developing and maintaining a Singapore core. The bank where Singaporeans form 80 per cent of its local workforce,
      BLOOMBERG  -  601 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      533 2 Consultants split on govt land sales in H2 PROPERTY consultants polled by BT gave a mixed bag of views on what could be in store for the Government Land Sales Programme for the second half, reflecting the challenges ahead for Singapore’s property market. Some are expecting the government
      533 words
    • Article
      Lock icon Asia defence spending up 40% in five years
      443 2  -  Surge worrying given rash of territorial disputes By LEE U-WEN [SINGAPORE] The amount that Asian economies spent on defence in the 2008-2012 period has soared some 40 per cent. Citing latest figures in a speech at a regional security forum yesterday, Singapore’s
      443 words
    • Article
      Lock icon Kerala state orders probe into Amway India arrests
      475 2  -  By NEETA LAL By NEETA LAL in New Delhi TALK about karma. The investigators that arrested the chief executive of Amway India may now be the target of a state-ordered probe. Late last week, the Kerala state government ordered a probe into
      475 words
    • Article, Illustration
      Lock icon All eyes on Friday’s jobs report
      814 4  -  Data will determine Fed’s decision on stimulus programme WALL STREET INSIGHT By ROB CURRAN US MARKETS are more sensitive to the mood of the Federal Reserve than ever, and this Friday’s jobs report will shape that mood. The outlook for Fed policy is even
      PHOTO: BLOOMBERG  -  814 words
    • Article, Illustration
      Lock icon Better outlook for M&A valuations in 2013
      954 4  -  Key factors are US resilience, clearer eurozone future and China’s outlook By MICHELLE QUAH, GENEVIEVE CUA [SINGAPORE] After a year when returns on investment took a dip amid eurozone concerns and slower growth in key economies such as India and China, the outlook
      Source: American Appraisal  -  954 words
    • Article, Illustration
      Lock icon Mass anti-troika protests across Europe
      757 4  -  Demonstrators hit out at IMF, EU, ECB for worsening woes By MALMINDERJIT SINGH in Barcelona GOVERNMENTS across Europe came under tremendous pressure over the weekend as protesters took to the streets in several cities over record unemployment and austerity measures. Thousands demonstrated in Spain, Germany
      PHOTO: AFP  -  757 words
  • Page 2 Advertisements
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      102 3 Exact and Exultant MESURE ET DEMESURE i). i 55% a A ss; ,V X PARM GIAN I FLEIRIER 60 2040 -c V V V m mss Da Din V v V V k KALPAGRAPHE Rose gold Automatic movement chronograph Hermes Alligator strap Made in Switzerland www.parmigiani.ch PARM I GIAN I
      102 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      197 4 CUT-THROAT FACTS Wall Street Traders Wish You Never Knew m -ia. v" .«\«>' X S'-*#? V» AVOID THE MOST COSTLY MISTAKES THAT TRADERS MAKE AND DISCOVER WHAT YOU MUST KNOW IN ORDER TO WIN IN THE BUSINESS OF ONLINE TRADING. Get ready to Join Singapore’s most trusted and active community
      197 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      92 4 ALMATY Beijing Seoul Bangkok\ Kuala Lumpur* Hong Kong Ho Chi Minh Beijing Almaty Hh- 5 times a week Bangkok Almaty 7 times a week Kuala Lumpur Almaty 3 times a week Ho Chi Minh Almaty 2 times a week Fly to Alrrtaty and beyond Seoul Almaty Hong Kong Almaty 2
      92 words
Page thumbnail Page 5
  • COMPANY NEWS
    • Article
      Lock icon Lessons from the Olam experience
      1133 5  -  HOCK LOCK SIEW By ANDREA SOH IF there is one lesson to be learnt from the costly and highly public fight between Singapore-listed Olam International and global short selling specialist Muddy Waters, it is the need for commodities players to be much more transparent with
      1,133 words
    • Article
      Lock icon PRIME LENDING RATES
      284 5 May 31 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited 5.50 Bank of Communications 5.50 ...5.50 ...6.00 Bank of Taiwan Bank of Communications Bank of Tokyo-Mitsubishi UFJ, Ltd 5.75 Banque Internationale a ...5.50 Bank of
      284 words
    • Article
      Lock icon COMPANY MEETINGS
      203 5 COMPANY MEETING PLACE DATE TIME Moya Asia S Jasmine Suite E Level 2 Holiday Inn Singapore Orchard City Centre 03-Jun 10.00am 11 Cavenagh Road 03-Jun 10.30am Sinopipe Holdings E 21 Tan Quee Lan Street Heritage Place #02-08 06-Jun 3.00pm Mencast Hldgs E 42E Penjuru Road Mencast Central 07-Jun
      203 words
    • Article, Illustration
      Lock icon Buybacks by listed firms remain high
      1718 8  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd THE buying remained high while the selling among directors rose after trading flat for four straight weeks, based on filings on Singapore Exchange from May 27 to 31. Buyers outnumbered sellers
      1,718 words
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      149 5 Exceeds expectations. As expected The new E-Class Estate. At its very best. The new E-Class Estate is here. And it boasts additional space with its EASY-PACK system. A wide EASY-PACK tailgate means loading is a breeze. If you need more room, the spacious load compartment with EASY-PACK quickfold offers just
      149 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon More wariness likely in data-filled week
      481 6  -  STOCKS JOYCE HOOI Correspondent MORE dithering in the market over the “tapering” of US Federal Reserve stimulus measures is expected this week, especially in the wake of the Dow Jones Industrial Average’s dismal performance last week. As the Dow headed into the weekend, it
      481 words
    • Article
      Lock icon Dollar climbs on speculation that Fed may taper stimulus
      656 6 CURRENCIES Bloomberg [NEW YORK] The dollar gained versus all of its 16 most-traded peers for the first month since 2011 as speculation grew that stronger US economic data will spur the Federal Reserve to reduce its unprecedented monetary stimulus. The yen
      Bloomberg  -  656 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1419 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Capital Ind REIT 2.00 1.75 4 9.80 16.79 1.84 1.65 Amtek Engineering Ltd 3.25 3.25 4 0.05 7.46 0.59 0.48 ARA Asset Management 2.57 2.57
      1,419 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      72 6 May 31 VALUE CLOSE BT OB/OS -250.00-118.00 BT CADI -*****.00 -88.00 BT 10-day MA -*****.00 -25.00 FTSE ST Mid Cap 793.21 -7.84 FTSE ST Small Cap 594.23 +2.96 FTSE ST All Share 813.15 -5.68 FTSE ST China Top 210.21 -0.95 FTSE ST China 239.42 -1.43 FTSE ST
      72 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      54 6 VOLUME YHM 743,479,000 Innopac 721,139,000 Aussino 580,231,000 Armarda 570,631,000 UniFiber 560,799,000 NexGenSCom 413,587,000 Soilbuild Const 389,672,000 GSH Corp 374,847,000 Magnus 351,447,000 CNA 317,574,000 VALUE($) DBS Grp 863,740,975 SingTel 654,989,998 GLP 538,529,202 OCBC Bk 385,058,094 UOB 369,237,538 Keppel Corp 319,526,469 CapitaLand 259,852,316 SPH 257,539,430 Asian Pay TV Tr
      54 words
    • Article
      Lock icon Prices buffeted by poor economic outlook
      642 6 COMMODITIES AFP [LONDON] Commodity prices mostly retreated last week as traders sought safety in the midst of more bleak outlooks for the global economy. Sentiment was downbeat after the Organization for Economic Cooperation and Development on Wednesday trimmed its world economic growth forecast for
      AFP  -  642 words
    • Article
      Lock icon RISES
      113 6 BY CENTS CLOSE UP GLD 10US$ ***** 323.2 1.9 DBXT FTVietnam 10US$ 2620 204.5 6.6 DBXT MSEurope 10US$ 5185 190.6 3.0 DBXT MSKorea 10US$ 5798 184.3 2.6 DBXT Nifty 10US$ ***** 135.1 1.0 DBXT DBLCI-OY 5US$ 3543 50.5 1.1 DBXT S&P500 10US$ 2718 42.9 1.3 OCBC Bk 5.1%NCPS 100
      113 words
    • Article
      Lock icon FALLS
      126 6 BY CENTS CLOSE DOWN DBXT MSJAP 10US$ 4249 -415.3 -7.2 IS S&P500 ***** -178.0 -0.8 DBXT FTChina25 10US$ 2779 -136.3 -3.7 DBXT MSAsExJp 10US$ 3304 -106.0 -2.5 DBXT MSINDO 10us$ 1676 -93.4 -4.2 Great Eastern 1827 -68.0 -3.6 Lyxor LatinAmerica 1 706 -66.9 -7.0 IS MSCI Spore 1402 -60.6
      126 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 WEEKLY
      5 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      196 7 INTRODUCING A NEW BUSINESS EXPERIENCE. 'KTtAS eJ 1 iik K. i k i r 0 ill Samsung is elevating your business to the extraordinary standards you’ve come to expect in your everyday life. People everywhere are enjoying the benefits new technology brings to their everyday lives but are slow to
      196 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      579 8 More Influence, Less Authority: Transform Yourself Into A Charismatic Leader Who should attend: Business Owners, CEOs, Managing Directors, General Managers, Branch Managers, Departmental Heads and Team Leaders Supervisors. 2013 JUNE SERIES FULL-DAY WORKSHOPS Speaking Persuasively The Charismatic Communicator Although few individuals are born with the ability to engage, motivate and
      579 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      525 9 Standard Chartered Here for good 0 Over investment strategies to consider Standard Chartered EH EH ■ESt 3 m y;-.; new Priority Banking Centres to identify your investment needs v :5 S 1 c;*/ I'. /jj* if w.' 'ijjsjf Hu i- Jj] I WB invitation to stM a rewarding M relationship
      525 words
Page thumbnail Page 10
  • SINGAPORE NEWS
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1115 10 Payment Ex Rec Pay Ann (cts) date date date date AEM Hldgs ak 0.350 05-Jun 07-Jun 21-Jun 25-Feb Amara Hldgs an 0.600 11-Jun 13-Jun 26-Jun 10-Apr A-Sonic Aerospace aw 0.170 30-Aug 03-Sep 17-Sep 16-May Aspial Corp ca 1.800 15-May17-May 03-Jul 12-Apr Ban Leong Tech ak 1.100 31-Jul 02-Aug
      1,115 words
    • Article, Illustration
      Lock icon Singapore firms are important partners, says Vietnam PM
      428 10  -  He highlights country as attractive destination for investment as IE S’pore affirms long-term potential By LEE U-WEN VIETNAM is a country with promising long-term potential and this is something that businesses should not ignore, says International Enterprise (IE) Singapore chief executive officer
      428 words
  • Page 10 Advertisements
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      108 11 HITACHI Inspire the Next n WHY CAN'T WE PUT ENERGY TO SLEEP AT NIGHT?" At Hitachi, we're inspired by challenging questions. That's why we've taken a different approach to help cities face the growing demand for energy. We're committed to finding integrated solutions that not only optimise consumption but contribute
      108 words
Page thumbnail Page 12
  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon ASIA ON THE MOVE
      2484 12 THIS WEEK’S TOPIC: What recent economic and/or political initiatives involving Asia’s economic giants would you consider most likely to affect business regionally, and why? How can businesses in Singapore benefit? John Keung CEO Building and Construction Authority THE Chinese leaders’ current focus on balancing economic growth
      PHOTOS: AFP, BLOOMBERG  -  2,484 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      163 13 You can now save more with our permanently reduced sales charges: Fixed Income funds Equity funds Sales Charges 0.5%, subject to a minimum of $10 per transaction 0% or 0.2% Regular Savings Plan (RSP) 0% on all funds Gain access to more than 500 unit trusts on our platform and
      163 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      104 13 For the full list of views from CEOs, go to http://businesstimes.com.sg NORTON ROSE FULBRIGHT JB V Wherever you are, you’re never that Tar from the combined force of Norton Rose and Fulbright Jaworski. As Norton Rose Fulbright, we are now a world-class global legal practice with full US business law
      104 words
Page thumbnail Page 14
  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon The upstream touch in oil & gas
      1817 14  - The upstream touch in oil gas Oil exploration and production firms are star performers over the past 12 months, reportsGEOFF GEOFF HOWIE The writer is SGX’s market strategist LAST year’s Singapore International Energy Week’s “In Dialogue with Youth” Forum saw 160 students engage S Iswaran, Second Minister for Home Affairs
      BLOOMBERG FILE PHOTO  -  1,817 words
    • Article
      Lock icon Risks of oil and gas stocks
      569 14  -  By CAI HAOXIANG THERE is a number of business risks associated with oil and gas stocks, particularly explorers and producers. The first is exploration risk, in that oil explorers might simply be looking for oil wells in the wrong place. Geological risks exist in
      569 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      156 14 Get started now Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      156 words
Page thumbnail Page 15
  • MALAYSIA/INDONESIA
    • Article
      Lock icon Sime set on seeing flagship divisions listed
      586 15 Group ‘working on all fronts’, has not decided which unit to be spun off first [KUALA LUMPUR] Sime Darby is “working on all fronts” to look at the possibility of listing its flagship companies, according to president and group chief executive Mohd Bakke
      586 words
    • Article
      Lock icon KL opposition renews call to remove EC chiefs
      218 15 Bloomberg [KUALA LUMPUR] A proposal to strengthen oversight of Malaysia’s election commission will fail unless there is a change in the leadership of the institution, an opposition leader said yesterday. The commission’s chairman and deputy should be replaced by individuals approved by
      Bloomberg  -  218 words
    • Article, Illustration
      Lock icon Another fatal accident hits US-owned mine in Indonesia
      383 15 Latest incident there comes after tunnel collapse on May 14 AFP [TIMIKA, Indonesia] An Indonesian man has died in the second fatal accident in around two weeks to hit a US-owned mine in eastern Indonesia, the operator said, raising fresh safety concerns
      AFP; PHOTO: AFP  -  383 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      310 15 TAKE A BITE FROM THE TREE OF KNOWLEDGE INVESTOR EDUCATION FOR PROFESSIONALS BY PROFESSIONALS Visit www.spdrs.com.sg/SPDRU We all know how important knowledge and information are when it comes to making the best investment decisions. State Street Global Advisors (SSgA) SPDR® ETFs, the pioneer in exchange traded funds (ETFs), has launched
      310 words
Page thumbnail Page 16
  • GREATER CHINA/INDIA
    • Article
      Lock icon China stats unit to improve data reliability
      631 16 It’ll test changes to the way it calculates investment in roads, factories, real estate Bloomberg AP [BEIJING] China’s statistics bureau will test changes to the way it calculates investment in roads, factories and real estate, as part of efforts to improve the reliability
      Bloomberg; AP  -  631 words
    • Article, Illustration
      Lock icon China sticks to vow against first-use of nukes
      294 16 AFP [SINGAPORE] China is maintaining its pledge not to be the first to use nuclear weapons in a conflict, a top Chinese general said yesterday. Omission of the “no-first-use” pledge in a recently released defence white paper had created ripples in military
      AFP  -  294 words
    • Article, Illustration
      Lock icon Beijing acts to help graduates find work
      479 16  -  Move comes amid weakening job conditions By SC YEUNG EJ Insight [HONG KONG] China is embarking on a jobs drive to help college graduates find work and to maintain overall social stability as employment conditions weaken. The State Council, the nation’s cabinet, estimates
      EJ Insight; PHOTO: AFP  -  479 words
    • Article
      Lock icon India pharma eyeing Swedish counterpart: report
      208 16 AFP [MUMBAI] Indian group Sun Pharmaceutical Industries is in talks to buy leading Swedish drugmaker Meda in what could result in a US$5 billion takeover, according to the Wall Street Journal. The US newspaper, citing anonymous sources, said Mumbai-based generic drug manufacturer Sun Pharma
      AFP  -  208 words
    • Article
      Lock icon BURSA MALAYSIA
      1457 16 VOL May 31 RM +/-(‘000) A M Realty 0.82 0.02 1552 Abric Bhd Cooo) Advance Synerg 0.16 unch 875 Adventa Bhd 0.47 -0.01 313 Ae Multi Hldgs 0.23 0.01 999 Affin Holdings 4.17 0.04 430 Ahmad Zaki Res 0.88 -0.02 741 Airasia Bhd Alliance Finan 4.97 0.12 5445
      1,457 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      35 16 at A n r V v > V. a Is your family size getting bigger? if £> STCars sg STCARS Hatchback, Hybrid, Luxury, MPV, Sedan or Stationwagon STCars.sg has the perfect ride for your loved ones. 'mi
      35 words
Page thumbnail Page 17
  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Italy to cut youth jobless rate below 30%: PM
      443 17 Reuters [TRENTO, Italy] Italy’s Prime Minister Enrico Letta said his government aims to reduce youth unemployment to below 30 per cent in the next few years with a mixture of fiscal breaks and different contracts for young employees. Italy’s overall jobless
      Reuters; PHOTO: AP  -  443 words
    • Article
      Lock icon New US jobs in May likely on a par with April’s
      469 17 Bloomberg [WASHINGTON] Employers in the US probably added as many jobs in May as they did the month before, showing the world’s largest economy is weathering the effects of higher taxes and government-spending cuts. Companies most likely boosted payrolls
      Bloomberg  -  469 words
    • Article, Illustration
      Lock icon Signs of improvement in jobless rate: Spanish PM
      495 17 He says the worst of the crisis is behind, unemployment is slowing Reuters [MADRID] Spanish unemployment figures this week may strike a more encouraging note, Prime Minister Mariano Rajoy told an economic conference on Saturday, holding out some hope for an economy
      Reuters  -  495 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      172 17 Stay Connected to SPH Online Classifieds Anywhere, Anytime STProperty iPhone, iPad Android Geo-location feature for you to find compare properties for sale or rent near your physical location! > ST lobs iPhone, iPad Android Over 40,000 job listings for you to browse, shortlist as favourites and apply instantly! *You need
      172 words
Page thumbnail Page 18
  • WORLD
    • Article
      Lock icon US, China to hold talks on cybersecurity
      715 18 It’s a first attempt to defuse tensions over hacking and theft of data NYT [WASHINGTON] The United States and China have agreed to hold regular, high-level talks on how to set standards of behaviour for cybersecurity and commercial espionage, the first diplomatic effort
      NYT  -  715 words
    • Article, Illustration
      Lock icon A beacon of hope for Japan’s energy future?
      478 18 The Washington Post [NIIGATA, Japan] As dusk settles over the sea with the distant silhouette of Sado Island in the background, the 130-metre derrick as tall as a 30-storey building off the deep-sea drilling vessel Chikyu looks small and lonely against the
      The Washington Post; PHOTO: REUTERS  -  478 words
    • Article
      Lock icon Serious talk planned at Obama-Xi retreat
      705 18 Reuters [WASHINGTON] A shirt-sleeves summit between the world’s two top economic powers is shaping up as anything but relaxing, with an assertive new Chinese leadership seeking a bigger place at the global table and the United States pushing back, especially in the battle over
      Reuters  -  705 words
    • Article
      Lock icon Thein Sein vows to tackle poverty
      216 18 AFP [YANGON] Myanmar President Thein Sein pledged yesterday to tackle chronic poverty in the long-isolated nation. “We have a good foundation for economic development in our country,” the former general said in a speech in Yangon, citing ample water resources, an efficient labour force,
      AFP  -  216 words
    • Article, Illustration
      Lock icon Spin-off call highlights Sony’s sore spot
      777 19 Billionaire’s proposal unlikely to be taken up but is a warning to the board: analyst AFP [TOKYO] A proposal by a US hedge fund billionaire to spin off a chunk of Sony’s profitable music and movie business is shining a light again on what
      AFP; PHOTO: AFP  -  777 words
    • Article, Illustration
      Lock icon Google abandons Glass face-recognition feature
      512 19 Tech giant bows to concerns over privacy issues AFP [SAN FRANCISCO] Google has announced that it won’t add face-recognition features to Glass, in a bow to privacy fears raised about the camera-enabled Internet-connected eyewear. “We won’t add facial recognition features to our products without having
      AFP; PHOTO: AFP  -  512 words
    • Article
      Lock icon ECB seen holding fire after recent rate cut
      526 19 AFP [FRANKFURT] The European Central Bank (ECB) at its policy meeting this week will assess the options for ways of stimulating the eurozone’s recession-ridden economy following its recent cut in interest rates, analysts said. Nevertheless, ECB watchers said the central bank will
      AFP  -  526 words
    • Article, Illustration
      Lock icon Smithfield residents uneasy over Chinese bid
      709 20 Some are worried about job losses, others see China tourism potential Reu ters [SMITHFIELD, US] Painted pig statues grace the picturesque brick sidewalks of this small Virginia river town of 8,000, and its slogan, “Hams, History and Hospitality,” probably tells visitors all they need
      Reuters; PHOTO: REUTERS  -  709 words
    • Article
      Lock icon Laid-off Italy workers plan recycling business
      459 20 They set up shop at their disused factory, for ‘beginner’s luck’ AFP [TREZZANO SUL NAVIGLIO, Italy] A group of Italian factory workers who lost their jobs at an auto component maker due to the recession, have taken over their disused factory near Milan and
      AFP  -  459 words
    • Article, Illustration
      Lock icon More Filipinos working overseas eye return home
      691 20 Officials hope trickle will become a flood as economy booms Reu ters [MANILA] Mateo Ragonjan took a leap of faith in August last year. The executive sous-chef of a seven-star luxury hotel in Abu Dhabi packed his bags to take up a similar
      Reuters; PHOTO: REUTERS  -  691 words
    • Article
      Lock icon Echo to take on Packer in Sydney casino battle
      297 20 Bloomberg [SYDNEY] Echo Entertainment plans to invest at least A$1 billion (S$1.21 billion) to fend off Australian billionaire James Packer’s attempts to break the company’s Sydney casino monopoly. The operator of the city’s Star casino and Crown, the gaming company controlled
      Bloomberg  -  297 words
    • Article, Illustration
      Lock icon Japan unveils US$32b aid package for Africa
      584 22  -  Abe says continent’s natural resources offer important business opportunity By ANTHONY ROWLEY in Tokyo JAPAN launched a massive effort to increase its economic and diplomatic presence in Africa with the holding at the weekend of the latest Tokyo International Conference on Development (TICAD)
      PHOTO: AFP  -  584 words
    • Article
      Lock icon Barclays pulled into money laundering probe
      167 22 Reuters [LONDON] Barclays has been dragged into an international money laundering investigation after US prosecutors discovered that Arthur Budovsky, the founder of digital currency exchange Liberty Reserve, held an account with the British bank. US prosecutors have filed an indictment against the operators of
      Reuters  -  167 words
    • Article, Illustration
      Lock icon SNB will not rescue insolvent banks: Jordan
      432 22 Its mandate is to ensure stability, adds chairman Reuters [ZURICH] The Swiss National Bank (SNB) would not jump to the rescue of any banks that find themselves insolvent following fines to settle US tax evasion probes, the central bank’s chairman said. “It is
      Reuters; PHOTO: AP  -  432 words
    • Article
      Lock icon Sting operations fell three members of UK’s House of Lords
      360 22 Reuters [LONDON] Three members of Britain’s upper house of Parliament were suspended from their parties yesterday after media sting operations caught them apparently offering to use their influence for personal gain. The undercover investigations have thrust the issue of lobbying
      Reuters  -  360 words
    • Article
      Lock icon Apple goes on trial over e-books price-fixing
      525 22 Reuters [NEW YORK] Apple goes to trial today over allegations by federal and state authorities that it conspired with publishers to raise the price of e-books. The trial pits the maker of the popular iPad and iPhone against the US Justice Department in
      Reuters  -  525 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      446 18 KATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices GREATRONIC LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****0621N NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of GREATRONIC LIMITED (the “Company”) will be held at Level 2 Room Nautica III, Republic of
      446 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 2
      370 18 SHERIFF’S SALE VESSEL “ONSYS AQUARIUS” In The Cause Of Admiralty In Rem No. 13 Of 2013 By Virtue of Warrant Of Arrest In Admiralty Action No. 7 Of 2013 PARTICULARS OF VESSEL Name of Vessel “ONSYS AQUARIUS” IMO Number *****22 Official Number *****4 Type Steel built motor single screw double
      370 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 3
      300 18 THE COMPANIES ACT, CAP .50 WEESON HOLDINGS PTE LTD (In Vol. Liquidation) Co. Reg. No. *****2171C NOTICE IS HEREBY GIVEN that the creditors of the above-named Company which is being voluntarily wound up are required on or before the 5th day of July, 2013 to send in their names and
      300 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 4
      189 18 IN THE MATTER OF COMPANIES ACT, CAP 50 AND IN THE MATTER OF MEG TECH (S) PTE. LTD. REG NO. *****0492D (In Members’ Voluntary Liquidation) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50, that the Final General Meeting of
      189 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 5
      187 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SUPPERCLUB PTE. LTD. (IN CREDITORS’ VOLUNTARY LIQUIDATION) (COMPANY NO: *****2058D) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that the FINAL MEETING of the members and of the
      187 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      1095 19 RHB BANK BERHAD (Co. No 6171-M) (Incorporated in Malaysia) BOARD OF DIRECTORS The directors of the Bank who have held office since the date of the last report are: Tan Sri Azlan Zainol (Chairman) Haji Khairuddin Ahmad Ong Seng Pheow Choong Tuck Oon Dato’ Mohd Ali Mohd Tahir Abdul Aziz
      1,095 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      4 20 Banking Finance Conference 2013
      4 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 2
      77 20 JUNE ISSUE OUT NOW! 4 WEEK Ifat I [SHREDDER BUILD A ROCK-SOLID BODY WITH JUST DUMBBELLS GO MENTAL! UNLEASH YOUR BRAIN S POTENTIAL r PLATEAU PRISON BRKAKI THE TOUGHEST WORKOUT YOU HAVEN'T TRIED ct- FIN 1N25MIN ALL YOUR r, WORST. S GYM. ADVICE. I EVER. 4* THE PERFECT STEAK POST-GYM
      77 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      524 21 CAR IT IHE B GI R FA R IS BACK THIS YEAR! STJOBS IS GIVING ALL EMPLOYERS AGAIN FREE BOOTHS at the STJobs Career Development Fair 2013! REQUEST NOW! LIMITED BOOTHS AVAILABLE Interested in being a part of Singapore's biggest and most exciting congregation of job seekers, employers and training
      524 words
Page thumbnail Page 22
Page thumbnail Page 23
  • AVIATION/SHIPPING
    • Article
      Lock icon Philippines fails EU maritime training audit
      617 23  -  Result raises fears EU could withdraw recognition of seafarer certificates By in Manila ALEC ALMAZAN in Manila THE Philippines has failed the first stage of the EU’s European Maritime Safety Administration (EMSA) audit of the country’s maritime training, education and certification system conducted last
      617 words
    • Article
      Lock icon Tough debate at lata annual meeting
      494 23 Airlines are split over who should pay the most in emission-tax scheme Reuters [CAPE TOWN] Global airlines are gathering here for an industry summit boosted by weaker fuel prices, but facing a tough debate on how to share the cost of tackling emissions involved
      Reuters  -  494 words
    • Article, Illustration
      Lock icon China Southern gets its first Boeing Dreamliner
      500 23 Bloomberg [HONG KONG] China Southern Airlines, the nation’s biggest carrier by passengers, took delivery of its first Boeing Dreamliner after a two-year struggle to use its Airbus SAS A380s on overseas flights from Beijing. The 787 arrived yesterday in Guangzhou, where China Southern
      Bloomberg; PHOTO: REUTERS  -  500 words
    • Article, Illustration
      Lock icon TUI Travel to buy 60 mid-range Boeing jets
      416 23 Reuters [LONDON] British travel firm TUI Travel has agreed to buy 60 mid-range Boeing jets with an option for 90 more, moving to make its fleet more fuel-efficient and delivering the US planemaker a big contract win over European rival Airbus. The
      Reuters; PHOTO: BLOOMBERG  -  416 words
    • Article
      Lock icon TRANSPORT STOCKS
      242 23 SGX '000 May 31 S$ +/-Vol CH Offshore 0.45 -0.01 130 Chuan Hup Hldg 0.27 -0.01 587 Cosco Corp 0.80 0.01 3404 S$ Ezra Hldgs 0.98 0.01 6362 First Ship Lea CH Offshore Freight Links 0.09 unch 4195 Grand Banks unch unch 0 Jaya Hold Ltd 0.61 unch
      242 words
  • Page 23 Advertisements
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      349 23 CRYPTIC CROSSWORD Across 1 Heads of Daily Telegraph maintaining weird stain’s removed (7) 5 Company almost attempted to restrict European exclusive circle (7) 9 Peaceful? Turning better if I start to complain (7) 10 Let everyone be indebted to daughter (7) 11 Baby plants bit of dad’s heather with twigs
      349 words
Page thumbnail Page 24
  • DINING OUT
    • Article, Illustration
      Lock icon A new age Saint Pierre
      1026 24  -  By Jaime Ee NEW RESTAURANT Saint Pierre #01-15 Quayside Isle 31 Ocean Way, Sentosa Tel: 6438-0887 Open for dinner only Monday to Friday: 5.30pm to 12am. Lunch and dinner on Saturday: 11.30am to 2.30pm; 5.30pm to 12am. Sunday: 11am to 12am SOMETIMES, you just have
      1,026 words
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      227 24 Gjrams 20 MAY TO 12 JUNE 2013 Celebrate this year’s Dragon Boat Festival with Peach Blossoms’ new creations of 5 fruity sweet rice dumplings and 3 signature traditional rice dumplings, all created by Dim Sum Chef Kerene Cheng. Newly created this year, the Mini Jewel Sweet Rice Dumplings are made
      227 words
Page thumbnail Page 25
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3403 25 Week ended: May 31 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last AAT Week Last Quote Div GrYld 10.4 7 AEM M Cap 188 106 AIMSAMPIReit 164.5 -9 ***** 179.5 158 162.5
      3,403 words
    • Article
      Lock icon SGX CATALIST
      275 26 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last 2.4 1.3 t Advanced System 1.6 +0.1 ***** 1.8 1.5 1.6 1.7 25.4 Week Last Quote Div Gr Yld Net M Cap High
      275 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      119 26 Stock name Close Change CapMallsAsia 1.920 -0.030 CapitaLand 3.460 -0.050 CapitaMall 2.150 +0.010 CityDev 10.780 -0.130 ComfortDelGro 1.905 -0.030 DBS Grp 17.160 +0.190 GLP 2.820 +0.060 Genting SP 1.450 -0.020 Golden Agri 0.575 HK Land 6.950 +0.010 Stock name Close Change HPH Trust US$ 0.790 -0.010
      119 words
    • Article
      Lock icon STOCKS ASIA
      2106 26 Transaction date: May 31 HONG KONG Vol HK$ +/-'000 Aeon Credit 8.29 unch 0 Aeon Stores '000 Angang Steel 4.22 -0.21 ***** Anhui Conch unch Anhuiexpresswa 4.06 -0.04 273 Asia Satellite 30.00 0.10 309 Asm Pacific unch Bank Of E Asia 30.40 0.15 3500 Beida Jade Bir 0.37
      2,106 words
    • Article
      Lock icon GLOBALQUOTE
      276 26 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 49.1 25 AVJennings A44 +2 369 44 40 42.5 44 3.6 8 3.6 160.4 52 30 Genting HK US$ US50 unch ***** 50.5 49 49.5 50 3292.3
      276 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 26 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 10 3 0 0 0 3 10 3 Manufacturing 85 78 29 19 12 7 104 90 36 Commerce 28 30 18 6 6 7 34 36 25 Tpt/Stor/Comms 13 30 4
      186 words
    • Article
      Lock icon SGX ETF
      1012 26 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 119 +3 112 119.8 118 118 119 543.2 143 120.4 CIMB APAC Div 100S$D .......................143 137.8 138.7 114.4 96 CIMB
      1,012 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 26 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 268,539 268,539 597,717 597,717 Manufacturing 2,745,828 1,446,092 4,191,920 1,173,973 102,603 1,276,576 Commerce 1,926,282 657,308 2,583,590 728,268 54,871 783,139 Tpt/Stor/Comms 843,549 74,066 917,615 1,447,774 29,579 1,477,353 Finance 886,875 8,181 895,056 1,891,810 4,515 1,896,325 Construction 1,483,502 744,623
      123 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      26 26 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
      26 words
Page thumbnail Page 27
  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      646 27 May 31 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.23 *****.56 *****.39 Jun13 *****.00 *****.00 *****.00 *****.00 *****9 *****5 Sep13 *****.00 *****.00 *****.00 *****.00 2523 ***** MSCI TAIWAN INDEX FUTURES SPOT 295.68 298.96 294.69 Jun13 295.40 299.40 294.60 295.10 ***** *****7 Jul13 291.70
      646 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 27 In local curr In S$ In US$ dy yr dy yr dy yr May 31 Index Change Change Change Change Change Change World Preliminary 1071.2 -0.3 14.2 -0.2 14.8 -0.5 10.9 EAFE Preliminary 877.3 -0.7 13.3 -0.9 9.9 -1.2 6.1 Europe Preliminary 1257.2 -1.0 9.6
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 27 May 31 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.992 5.893 0.737 7.454 54.328 94.119 0.966 10.853 2.966 1.198 94.608 40.586 1.212 9.790 0.916 28.746 29.006 0.631 0.960 Canada 1.008 5.937
      471 words
    • Article
      Lock icon SIBOR
      64 27 May 31 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid
      64 words
    • Article
      Lock icon PRECIOUS METALS
      136 27 May 31 GOLD(US$/oz) May 31 May 30 Hong Kong 1423.00 1417.00 May 30 May 31 London 1415.09 1392.36 1416.81 1393.13 Source: Thomson Reuters CAST BAR May 31 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 129 57 5gm 367 287 10gm 655 574
      136 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      92 27 May 31 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 22-Aug-13 0.25 6-Month BS*****H 29-Nov-13 0.28 1-Year BY*****H 02-May-14 0.27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-13 99.91 99.96 99.96 5-Year N*****0T 0.5
      92 words
    • Article
      Lock icon PALM OIL
      57 27 May 31 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 13 2334.0 2360.0 2360.0 2334.0 45 1503 Jul 13 2380.0 2391.0 2393.0 2370.0 2546 ***** Aug 13 2381.0 2397.0 2399.0 2373.0 ***** ***** Sep 13 2379.0 2396.0
      57 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 27 May 31 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2117 1.2125 0.9599 0.9604 Canadian dollar 1.2211 1.2215 0.9675 0.9674 Euro 1.6452 1.6457 1.3033 1.3035 NZ dollar 1.0115 1.0124 0.8013 0.8019 Sterling pound 1.9193 1.9200 1.5205 1.5208
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 27 May 31 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 13 1510.00 1495.75 1523.00 1494.25 Aug 13 1437.75 1426.75 1449.00 1426.50 Sep 13 1347.25 1334.25 1358.00 1334.75 Nov 13 1304.25 1289.25 1314.75 1288.75 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 13
      109 words
    • Article
      Lock icon LIFFE
      95 27 May 31 COCOA (£/tonne) Close Prev High Low Jul 13 1491 1500 1506 1490 Sep 13 1496 1505 1509 1495 Dec 13 1497 1505 1510 1497 Mar 14 1495 1503 1507 1494 COFFEE(US$/tonne) Close Prev High Low May 13 1844 1844 1848 1848 Jul 13 1893 1884 1896 1872
      95 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1241 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Cooo) Conv Ratio Asiatravel.com HoldingsW*****7 1 1 25 14 Asiatravel.com HoldingsW*****5 2.2 1 27 38 Prem Best World Intl Ltd W*****5 1.5 1 30 50 14.00 2 BiosensoBPeCW*****2 GearBiosensoMBeCW*****3 Expiry Biosensors
      1,241 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 27 CRUDE OIL PRODUCTS May 30 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 102.30 -0.70 WTI (Near Mth) 93.65 0.61 Dubai (1-Mth F) 99.10 -1.90 Tapis blend 105.53 -2.39 Minas 99.23 -2.39 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 94.17 -1.39 Jet Kerosene 115.30 -1.45 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 27 May 31 S$ Bid Offer 1-month 1.2623 1.2625 2-months 1.2622 1.2625 3-months 1.2622 1.2625 6-months 1.2619 1.2628 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      66 27 May-31 May-31 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1877.75 1876.00 3 months 1906.00 1907.00 Copper, Grade A(US$/tonne) Cash 7280.75 7286.75 3 months 7309.00 7317.00 Lead(US$/tonne) Cash 2207.50 2176.00 3 months 2201.00 2172.00 Nickel (US$/tonne) Cash *****.00 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
      66 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 27 As at 9am May 31 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.246 1.187 Can dollar 1.244 1.197 Euro 1.681 1.601 Sterling pound 1.954 1.879 NZ dollar 1.042 1.002 US dollar 1.285 1.224 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      157 27 May 31 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.07 US$ 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
      157 words
Page thumbnail Page 28
  • Article
    Lock icon SHIPPING TIMES
    2800 28 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
    2,800 words
  • Page 28 Advertisements
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      184 29 Importers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 M the business times Shipping Times FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? the business times TO ADVERTISE, CALL
      184 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 2
      0 29 (~}@)*;]\.}>@@%&&"'~~-/;.|&]_:=
      0 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      81 30 Aim, Shoot, Score Are you a HR Professional looking to fill up vacancies in your company? Sign up with STJobs.sg now to take aim at the right candidate and access almost 100,000 registered users and resumes. STJOBS.sg Awarded Best in Cross r^Al-—Media Advertising (Silver) for Asian Digital Media Awards 2012
      81 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      326 31 w* m SUBSCRIBE TO LIANHE ZAOBAO ALL-IN-ONE BE REWARDED! mu. ksk. S®^ES*afiiPM2.5iSg *it» u '1 o N^\ PRINT ONLINE s *PM2.5»« TABLET NEW Zaobao All-In-One Subscriber or DIRECT Existing Subscriber who upgrades to Zaobao All-In-One GETS A SURE-WIN GIFT 7 Seater m s rs II i m S L zafira
      326 words
Page thumbnail Page 32
  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • Article, Illustration
      Lock icon Mahindra Satyam in final merger stage
      887 32  -  With Singapore as the headquarters for its Rest of the World region, growth in the region in the last quarter has been robust, reportsAMIT ROY CHOUDHURY reportsAMIT reportsAMIT ROY CHOUDHURY AS Indian IT services company Mahindra Satyam prepares to merge with its parent, Tech
      887 words
    • Article
      Lock icon Dell, Intel, analytics firm set up big data facility here
      401 32  -  By VICTORIA HO DELL, Intel and Revolution Analytics have teamed up to set up a big data innovation centre in Singapore. The plan is for the companies to be able to take customers through extensive training programmes and show off
      401 words
    • Article, Illustration
      Lock icon Living in the cloud with Chrome
      1058 30  -  Google’s cloud-based OS in the Chromebook is a bold new way of computing <cool stuff> By NG SAI YING IT may be easy to dismiss the Chromebook on the grounds of there being other much more powerful and yet comparably lightweight laptops, but though
      PHOTO: ARTHUR LEE  -  1,058 words
    • Article, Illustration
      Lock icon Embedded BI is the way to go: Jaspersoft
      788 30  -  Firm goes its own way on business intelligence strategy By VICTORIA HO THIS generation’s workers are all set to use business intelligence (BI) software from the get-go, so BI companies which have invested in sharing their technology with other software makers can
      788 words
    • Article
      Lock icon Checking out the inside of shops via Google
      221 30  -  By AMANDA TAN LOCAL business owners can offer potential customers a virtual “walk” through the interior of their shop or restaurant, now that Google Business Photos has arrived in Singapore. Google announced last week that this feature, which enables merchants to publish
      221 words
    • Article
      Lock icon Prolonging lifespan of data centre IT equipment
      574 30  -  Asvida plugs gap in maintenance, asset recovery services By NG SAI YING WHEN it comes to data centre IT equipment, most original equipment manufacturers (OEM) will advise a refresh cycle of three to five years. But actually, most equipment can withstand a far
      574 words
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      100 32 The ultimate in backup appliances. Backup, deduplication, storage. All in one box. Symantec Backup Exec™ and Symantec NetBackup™ appliances are the only fully integrated backup, deduplication, and storage appliances with industry-leading, factory-installed Symantec software. So they makebackuplesscostlyandlesscomplexforallenterprises, small to large. And they’re practically ready to go right out of the
      100 words