The Business Times, 17 June 2013
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2013-06-17
1
30
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section25 2013-06-17 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Monday, June 17, 201325 words
-
912 2013-06-17 1 ONG CHOR HAO - Its first-mover advantage helps it to capture more yield-oriented issuers and investors By ONG CHOR HAO [SINGAPORE] Singapore may gain from its first-mov-er position for business trusts in the region, market watchers say, even if historical performance is mixed and amid a recent dip912 words
-
MARKETS DIGEST
-
Article57 2013-06-17 1 Weekly Change ST INDEX 3,161.43 -23.29 KL COMP 1,762.19 -13.40 NIKKEI 225 12,686.52 -191.01 HANG SENG 20,969.14 -606.12 SET INDEX 1,465.27 -50.97 JAKARTA COMP 4,760.74 -104.58 MANILA COMP 6,242.26 -459.69 SEOUL COMP 1,889.24 -34.61 SHENZHEN B 819.36 -40.56 MUMBAI IND 19,177.93 -251.30 DOW 15,070.18 -177.94 NASDAQ 3,423.56 -45.66 S&P57 words
-
Article20 2013-06-17 1 SINGAPORE MALAYSIA HONG KONG 5.38 TAIWAN 5.00 JAPAN 13.276 TAIWAN 5.036 JAPAN 1.475 KOREA INDIA BRITAIN Source: Bloomberg20 words
-
Article49 2013-06-17 1 US$ S$ US$ (S$ per US$) 1.252 (US$/S$ per 1.565 1.960 EURO (US$/S$/E) 1.333 1.668 Foreign currency per US$ S$ YEN 95.10 76.00 RM 3.116 2.489 HK$ 7.762 6.200 BAHT 30.53 24.38 RUPIAH 9,878 7,890 RENMINBI 6.132 4.898 INDIAN RUPEE 57.65 46.04 A$ 1.043 0.833 NZ$ 1.243 0.99349 words
-
-
Article, Illustration893 2013-06-17 1 NG ZHUO YANG - Rising costs, tough tender pricing make it hard for many firms to raise wages By NG ZHUO YANG [SINGAPORE] The recent wage hike recommendation by the National Wages Council (NWC) has drawn much cheers, and deservingly so in the interest of the Republic’s low-wage893 words
-
Page 1 Advertisements
-
Advertisement222 2013-06-17 1 DINING OUT New eateries serve up a mixed platter PAGE 23 YOUNG INVESTORS‘ FORUM Understanding balance sheets PAGE 12 GLOBAL STOCKS Uncertain times ahead PAGE 4 MEDICINE Korea eager to shed ‘cosmetic surgery’ image PAGE 4 BT WEBSITES For breaking news, go to businesstimes.com.sg. For personal finance stories, go to222 words
-
-
TOP STORIES
-
Article, Illustration929 2013-06-17 2 ONG CHOR HAO - CIMB study shows such trusts were weaker, compared with S-Reits By ONG CHOR HAO [SINGAPORE] For all the positive attributes linked to business trusts, they have had a spotty historical performance, although this has improved in recent times. On an annualised return basis, aSources: CIMB, Bloomberg - 929 words
-
Article500 2013-06-17 2 Singapore has edge in business trusts SINGAPORE may gain from its first-mover position for business trusts in the region, market watchers say, even if historical performance is mixed and amid a recent dip in sentiment for yield plays. The Singapore Exchange has seen five business trust listings since500 words
-
443 2013-06-17 2 LIVIA YAP - Factors are higher China costs, rising S-E Asia importance By LIVIA YAP [SINGAPORE] Singapore is gaining ground as a centre for corporate transformation because of the rising costs in China and the increasing importance of South-east Asia, say restructuring professionals. At the443 words
-
1019 2013-06-17 4 NEIL BEHRMANN - Investors forced to the sidelines by ‘illogical’ stock prices By in London NEIL BEHRMANN in London STOCKMARKET predictions for the coming months are likely to be worth less than the paper they are written on. The slide in both developed and especially1,019 words
-
Article, Illustration906 2013-06-17 4 ROB CURRAN - The bulls this week need economic data to be neither too hot nor too cold WALL STREET INSIGHT By ROB CURRAN THIS week, bullish traders are hoping that Ben Bernanke will channel Goldilocks and push the stock market to newPHOTO: REUTERS - 906 words
-
Article, Illustration1006 2013-06-17 4 LYNN KAN - It wants medical tourists for all types of treatment By LYNN KAN [SINGAPORE] Kim Chinsol often has to correct people’s misconceptions about Goyang City’s tourism tagline: “The city of people more beautiful than flowers”. “People think what Goyang City is known forPHOTO: KOREA TOURISM ORGANIZATION - 1,006 words
-
-
Page 2 Advertisements
-
Advertisement259 2013-06-17 2 Master the next level, widen my perspective. It’s my choice. sassauoiq ’g aaiL :suv At Kaplan, we believe you should master the right knowledge to succeed. That’s why we partner with Murdoch University to offer you quality postgraduate programmes, giving you the right edge to broaden your horizons. So choose259 words
-
Advertisement18 2013-06-17 2 The best pure-play private bank in Asia EFG Bank Asiamoney Private Banking Poll 2012 30 global locations www.efginternational.com18 words
-
-
Page 3 Advertisements
-
Advertisement173 2013-06-17 3 INTRODUCING A NEW BUSINESS EXPERIENCE. k 4 r? < k i 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 experience these advances in the173 words
-
-
Page 4 Advertisements
-
Advertisement96 2013-06-17 4 ALMATY Beijing Seoul Hong Kong Bangkok\ V M Ho Chi Minh Kuala Lumpur Beijing Almaty 5 times a week Kuala Lumpur Almaty 3 times a week Bangkok Almaty 7 times a week Seoul Almaty 2 times a week Ho Chi Minh Almaty 2 times a week Hong Kong Almaty jJs96 words
-
Advertisement29 2013-06-17 4 BUY/SELL PATEK PHILIPPE/ROLEX #01-46 Peninsula Plaza #02-90K People's Park Complex #01-53 Lucky Plaza #01-44 People's Park Centre #01-45 The Bencoolen #01-K31 Bukit Timah Plaza Call 6339 9609 Peng Kwee29 words
-
-
COMPANY NEWS
-
Article785 2013-06-17 5 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY WHETHER or not a stock market needs circuit breakers (CIRBs) that interrupt trading in an attempt to inject calm in times of extreme volatility is a difficult subject that has no clear-cut answers. On the one hand is the view785 words
-
289 2013-06-17 5 LYNN KAN - By LYNN KAN GLOBAL Yellow Pages (GYP) clarified that there would not be a change in control after it acquired mushroom supplier Yamada Green Resources and issued new shares to its CEO and executive chairman Chen Qiuhai in a share swap agreement.289 words
-
Article275 2013-06-17 5 Jun 14 BANKS Agricultural Bank Of China Agricultural Bank Of China .5.50 Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited 5.50 Bank of Communications .5.50 Bank of East Asia .5.50 .5.75 Bank of Tokyo-Mitsubishi UFJ, Ltd Bank of Taiwan Banque Internationale a UFJ, Ltd .6.00275 words
-
551 2013-06-17 5 Improving market fundamentals offer hope for better H2 Reuters [NEW YORK] Commodity funds with combined assets of about US$10 billion are heading for the half-year mark with losses, with some hoping that improving market fundamentals will overpower fears over global growth and stimulusReuters - 551 words
-
Article1001 2013-06-17 5 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-Aug1,001 words
-
-
Page 5 Advertisements
-
Advertisement85 2013-06-17 5 ;TGS Enterprise Networks Solution for your Enterprise Communications Visit Us at CommunicAsia2013 Booth: BG3-01 HOSTED VOICE n MOBILITY HEALTHCARE UNIFIED COMMUNICATIONS VIDEO CONFERENCE j INDUSTRY SOLUTIONS HIGHLIGHTS Hosted Voice Services by TGS Cloud Reduce your annual voice costs up to 50% Telemedicine in Healthcare Industry Home Care Elderly Care Video85 words
-
Advertisement52 2013-06-17 5 Discovertheworldwith Budget Tour Planners We offer customised itineraries that go beyond the ordinary. Company Incentive Pilgrimage Tours Trips Off site Meetings 7 Church Retreats Special Interest Tours Tradeshows 7 Local Sightseeing Tours Educational Tours Coach Charter 111) budgeltour Planners TA2283 Beyond Expectations Tel: *****811 Email: sales@budget-tours.com.sg 51 Cuppage Road, #06-17,52 words
-
-
SINGAPORE MARKETS
-
Article, Illustration706 2013-06-17 6 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent THE issue confronting investors at this point in time appears straightforward enough will the US Federal Reserve really taper its quantitative easing (QE) soon? If the answer is yes, then the correction should continue since the bulk of the706 words
-
489 2013-06-17 6 CURRENCIES Bloomberg [NEW YORK] The yen has rallied the most since July 2009 amid the highest volatility in a year as investors reassess the Bank of Japan’s (BOJ) monetary stimulus measures that pushed the currency to a four-year low lastBloomberg - 489 words
-
Article1421 2013-06-17 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 Industrial REIT 2.00 2.00 4 9.53 16.80 1.87 1.60 Amtek Engineering Ltd 3.25 3.25 4 0.05 7.07 0.59 0.45 ARA Asset Management Limited 2.571,421 words
-
Article73 2013-06-17 6 Jun 14 VALUE CLOSE BT OB/OS -1039.00 +304.00 BT CADI -*****.00 +216.00 BT 10-day MA -*****.00 -104.00 FTSE ST Mid Cap 759.75 +7.62 FTSE ST Small Cap 568.14 +6.95 FTSE ST All Share 776.82 +7.72 FTSE ST China Top 197.94 +1.67 FTSE ST China 227.72 +1.38 FTSE73 words
-
Article56 2013-06-17 6 VOLUME Innopac 757,348,000 YHM 429,163,000 New Wave 365,005,000 Teledata 309,407,000 IPCO Intl 295,743,000 Golden Agri 275,355,000 Mirach Energy 259,331,000 WE Hldgs 243,552,000 Thai Beverage 239,995,000 NexGenSCom 235,293,000 VALUE($) SingTel 487,372,495 DBS Grp 375,235,212 CapitaLand 283,916,900 UOB 265,031,328 GLP 224,371,788 Keppel Corp 210,730,738 OCBC Bk 176,814,414 Yoma 156,932,19056 words
-
538 2013-06-17 6 COMMODITIES AFP [LONDON] World oil prices last week finished on a high note on geopolitical worries in Syria, having begun the week on the back foot following news of strong Opec oil output, US shale production forecasts and Chinese demand fears. Other commoditiesAFP - 538 words
-
Article110 2013-06-17 6 BY CENTS CLOSE UP IS S&P500 ***** 150.2 0.7 DBXT MSJAP 10US$ 4227 140.2 2.7 DBXT AUDCS 5AU$ ***** 51.6 0.2 UOB 5.05%NCPS 100 ***** 40.0 0.4 DBXT S&P500 10US$ 2686 36.3 1.1 Lyxor US DJIA 10 US$ 1550 25.0 1.3 UOB 2027 16.0 0.8 HK Land 671 11.3110 words
-
Article125 2013-06-17 6 BY CENTS CLOSE DOWN DBXT SPASX200 10US$ 3624 -480.7 -9.6 DBXT Nifty 10US$ ***** -440.7 -3.4 Lyxor Indonesia10US$ 9893 -416.9 -3.3 JMH 5940 -365.6 -4.7 GLD 10US$ ***** -361.8 -2.1 Jardine C&C 4216 -234.0 -5.3 DBXT MSTHAI 10US$ 1960 -166.5 -6.4 DBXT MSAsExJp 10US$ 3129 -159.0 -3.9 Hyflux 6%125 words
-
-
Page 7 Advertisements
-
Advertisement568 2013-06-17 7 Standard Chartered Here for good 0 Over investment strategies to consider Standara Chartered ca in S. 3 agscl o^ypo ¥A :/k;: W \iM new Priority Banking Centres to identify your investment needs v i WS3 invitation to stfll a rewarding M relationship with us ame mm mm i J illW568 words
-
-
COMPANY NEWS
-
Article, Illustration1844 2013-06-17 8 ROBERT HALILI - INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd THE buying rebounded while the selling among directors remained low, according to filings on Singapore Exchange in the second week of June. A total of 19 companies recorded 41 purchases worth1,844 words
-
-
Page 8 Advertisements
-
Advertisement579 2013-06-17 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 and579 words
-
-
SINGAPORE NEWS
-
Article, Illustration369 2013-06-17 9 LYNN KAN - He says we must care for our fellow citizens, ensure needy people are not left behind By LYNN KAN NO society can eliminate poverty completely. Singaporeans should therefore lend a helping hand to their fellow citizens, urged Prime Minister Lee Hsien LoongPHOTO: DESMOND WEE/THE STRAITS TIMES - 369 words
-
278 2013-06-17 9 LYNN KAN - S’poreans make up 60%; 11,400 applications sent in By LYNN KAN WHEN term begins in August, the inaugural class at Singapore’s first liberal arts college will have 157 students from 26 countries, seven more than originally planned. There were more than 11,400278 words
-
Article410 2013-06-17 9 COMPANY MEETING PLACE DATE TIME Chemical Industries A Registered Office: 3 Jalan Samulun 18-Jun 10.30am SPH E The Auditorium, 1000 Toa Payoh North News Centre 1st Storey, Annexe Blk 18-Jun 9.30am Goodland Group E Seletar Country Club E 101 Seletar Club Road 20-Jun 9.30am Theatrette Room 20-Jun 10.30am410 words
-
355 2013-06-17 9 NG ZHUO YANG - By NG ZHUO YANG THE best way for the government to help outsourced service providers is to simply make good on its pledge to spearhead the adoption of “best-sourc-ing”, say industry players whom The Business Times spoke to. In his May Day Rally355 words
-
-
Page 9 Advertisements
-
Advertisement144 2013-06-17 9 ii t1 5 L rt ~L -4r4^Bs? j c iiSM: \l\K .V c H5? 3$ sSks Siii m •a.-scs m m J£sS8k taas f M m mm k m ■-zmm sra asSSs SSS ssssb »25 i\v, a® dO VrS5SS an ••'r ifelL v;V~- -.v 'V-'. v v. MifisM [V'\ i144 words
-
-
VIEWS FROM THE TOP
-
Article, Illustration3176 2013-06-17 10 THIS WEEK’S TOPIC: With the free MRT rides programme, how can flexible work arrangements within the CBD benefit companies as well as employees? More generally, under what circumstances will flexible work arrangements work for all? Dileep Nair Singapore High Commissioner to Ghana THE programme is a goodFILE PHOTO - 3,176 words
-
-
Page 11 Advertisements
-
Advertisement11 2013-06-17 11 For the complete list of views from CEOs, go to http://businesstimes.com.sg11 words
-
Advertisement310 2013-06-17 11 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 launched310 words
-
-
BT-CITIBANK YOUNG INVESTORS' FORUM
-
Article1957 2013-06-17 12 CAI HAOXIANG - The balance sheet statement is key to understanding a business and whether it makes for a good investment, writesCAI CAI HAOXIANG LEARNING how to read, understand and analyse financial statements is critical for novice investors. Through the statements, you can understand a business and also decide if1,957 words
-
Article, Illustration994 2013-06-17 12 MA XIANGYU - Coming on the scene an iClubbing app Thanks to two ex-nightlife pros, clubbers can now click with the hottest parties in town, says MA XIANGYU STARTING YOUNG MA XIANGYU DRESSED in crisp pink oxfords and cloaked in an air of casual debonair, the pair of Subaish Rajamanickam and Mano KunasegaranPHOTO: ARTHUR LEE - 994 words
-
-
Page 12 Advertisements
-
Advertisement156 2013-06-17 12 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 to156 words
-
-
MALAYSIA/INDONESIA
-
Article, Illustration524 2013-06-17 13 Strong imports reflect investment, export growth should resume [KUALA LUMPUR] Bank Negara Malaysia is not concerned by the narrowing trade balance and the risk of a trade deficit at the moment. Governor Zeti Akhtar Aziz said besides a strong build-up inFILE PHOTO - 524 words
-
Article246 2013-06-17 13 Bloomberg [JAKARTA] Indonesia’s parliamentary budget commission failed to agree on whether to approve a government programme to compensate poor people for higher fuel prices, undermining President Susilo Bambang Yudhoyono’s efforts to cut energy subsidies. Three out of nine factions in the commission rejected eitherBloomberg - 246 words
-
Article1451 2013-06-17 13 VOL Jun 14 RM +/-(‘000) A M Realty 0.95 0.13 3702 VOL Advance Synerg 0.16 unch 382 Adventa Bhd 0.45 unch 21 Ae Multi Hldgs 0.22 0.01 175 Affin Holdings 4.17 0.08 263 Ahmad Zaki Res 0.83 -0.01 175 Airasia Bhd 0.26 Alliance Finan 4.97 0.03 2444 Aluminium1,451 words
-
Article, Illustration621 2013-06-17 13 Saratoga could raise as much as US$200m in IPO this month IHT [JAKARTA] It seems a world away from where he sits now a young, rich and rising star in the clubby but booming world of business in Indonesia butIHT; PHOTO: REUTERS - 621 words
-
-
Page 13 Advertisements
-
Advertisement901 2013-06-17 13 KATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices NOTICE TO CREDITORS OF SECOND MEETING IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF CPD OILWELL INTERNATIONAL PTE. LTD. (IN LIQUIDATION) CO. REG. NO. *****4985D COMPANIES WINDING UP NO. 143/2011/E Take notice that a meeting of901 words
-
Advertisement183 2013-06-17 13 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF TANASHIN INTERNATIONAL PTE. LTD, (IN MEMBER'S VOLUNTARY LIQUIDATION! (COMPANY REGISTRATION NO. *****0338K) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the183 words
-
-
GREATER CHINA/INDIA
-
Article, Illustration833 2013-06-17 14 It aims to move 250m rural residents into new cities over the next dozen years NYT [BEIJING] China is pushing ahead with a plan to move 250 million rural residents into newly constructed towns and cities over the next dozen years a transformative event thatNYT; PHOTO: REUTERS - 833 words
-
430 2013-06-17 14 US senators voice frustration ahead of Secretary of State’s visit Reuters [WASHINGTON] Senate Finance Committee leaders have urged US Secretary of State John Kerry to press India to reverse government actions which they said threaten millions of US jobs in the pharmaceutical,Reuters - 430 words
-
-
Page 14 Advertisements
-
Advertisement202 2013-06-17 14 Join our movement to recognise not jiAst one, but two deserving individuals this vear a BERITA HARM Achiever OF THE YEAR20f? r/ SUBMIT YOUR NOMINATIONS NOW For the very first time, the year’s highest accolade in the Malay Muslim community will be awarded to 2 individuals who have made their202 words
-
-
ECONOMY WATCH
-
952 2013-06-17 15 Trading slowly drying up, G3 bond holders may be heading for the exit Reuters [HONG KONG] Efforts to make the global financial system safer could be making Asia more not less vulnerable to any credit market shocks, leaving bond traders worriedReuters - 952 words
-
Article, Illustration507 2013-06-17 15 AFP [CHICAGO] The troubled US city of Detroit defaulted on its debt payments as it threatened to become the largest-ever municipal bankruptcy in the United States. With the Motor City struggling to provide basic services to a shrinking population, its state-appointed emergency manager submitted aAFP; PHOTO: AP - 507 words
-
Article, Illustration937 2013-06-17 15 But there is no fear of a regional crisis, say economists Reuters [SINGAPORE] India is emerging Asia’s canary in the ‘hot money’ mine. As financial markets sell off on concerns over rising US rates, what happens in India, an economy with slowing growth andReuters; PHOTO: AP - 937 words
-
-
Page 15 Advertisements
-
Advertisement69 2013-06-17 15 HOmEa )ECOR SINGAPORE'S NO.1 INTERIOR DESIGN MAGAZINE PRESENTS I HOmEaDECOR RENQ 1 J i AfifllW&TES. ,-ii THE LATEST IN LAMINATES, WALLCOVERINGS TILES 9 INSPIRING RENO PROJECTS 1 HOTTEST I?design 2013 K 'I <■ t N Site'* 0** TH > space planning for kitchens, bathrooms and walk-in wardrobes > latest furniture69 words
-
-
WORLD
-
Article, Illustration981 2013-06-17 16 AmazonFresh serves Seattle and LA; it may also launch in San Francisco Reu ters [SAN FRANCISCO] The online grocery start-up Webvan may have been the single most expensive flameout of the dot-com era, blowing through more than US$800 million in venture capital and IPOReuters; PHOTO: REUTERS - 981 words
-
926 2013-06-17 16 Many foreign telcos vying for 2 licences on offer this month WP [YANGON] Smartphone applications are still something of a novelty in Myanmar, where fewer than one in 10 people own a cellphone a legacy of the former military junta’s tight controlWP - 926 words
-
Article, Illustration896 2013-06-17 16 Reuters [NEW YORK] When do you take the addict off the methadone? That’s essentially the dilemma facing the US Federal Reserve’s 19 policy makers when they meet in Washington this week. Since the height of the financial crisis in 2008, the American economyReuters; PHOTO: BLOOMBERG - 896 words
-
Article, Illustration938 2013-06-17 17 Democrats oppose trade deals with Europe, Asia, citing risks of job losses AP [WASHINGTON] President Barack Obama is aggressively pushing an ambitious agenda to liberalise global trading. But already political trade wars are forming, and they’re with fellow Democrats rather than withAP; PHOTO: AP - 938 words
-
Article, Illustration479 2013-06-17 17 WP [WASHINGTON] It is exceedingly rare for a White House chief economist to give a speech on rock-and-roll. But Alan Krueger did just that at the Rock and Roll Hall of Fame in Cleveland. His talk there was a terrific window into how the musicWP - 479 words
-
Article, Illustration736 2013-06-17 18 Observers sceptical forceful measures will be taken, despite tough talk AFP [PARIS] Tax evasion and banking secrecy, hot topics and top targets because of the financial crises and austerity, could be the focus of strong statements at the Group of Eight (G-8)AFP; PHOTO: AP - 736 words
-
Article, Illustration624 2013-06-17 18 It plans law to force shell companies to reveal ownership Reuters [LONDON] Britain turned up the pressure on other rich economies to clamp down on secretive money flows at a summit this week by pressing its overseas tax havens into a transparency dealReuters; PHOTO: REUTERS - 624 words
-
371 2013-06-17 18 Bloomberg [SEOUL] South Korea is strengthening supervision of foreign exchange transactions as President Park Geun Hye broadens her country’s part in a global crackdown against tax evasion. The Financial Supervisory Service and Korea Customs Service will have enhanced rights to investigate cross-border transactions atBloomberg - 371 words
-
Article, Illustration392 2013-06-17 18 Bloomberg [MELBOURNE] Labor would save as many as 18 seats, including Treasurer Wayne Swan’s, if it ousted Prime Minister Julia Gillard and contested a national election in September under former leader Kevin Rudd. A Galaxy poll published in the Herald Sun newspaper yesterday showedBloomberg - 392 words
-
Article, Illustration1186 2013-06-17 20 New middle class emerging from poorest, most populous region Reuters [UDON THANI, Thailand] Steel girders jut from the low skyline of the Thai city of Udon Thani near the Laos border as workers lay cement for a new shopping mall, one of manyReuters; PHOTO: REUTERS - 1,186 words
-
Article, Illustration953 2013-06-17 20 ‘Tiger moms’ scrimp for tutors in blow to public consumption Bloomberg [SEOUL] Housewife Ahn Jee Eun began looking for a job to supplement her husband’s income after the cost of sending her twin three-year-old daughters to preschool pushed the family’s bank account into theBloomberg; PHOTO: BLOOMBERG - 953 words
-
Article, Illustration701 2013-06-17 20 Bloomberg [LONDON] Incoming Bank of England (BOE) governor Mark Carney will get an early chance to overhaul management of the UK central bank after Paul Tucker said he will step down as deputy governor. Beaten by the Canadian to the governorship, Mr TuckerBloomberg; PHOTO: REUTERS - 701 words
-
819 2013-06-17 21 Economists now predicting healthier, more lasting growth in face of resilience NYT [NEW YORK] For more than a decade, the US economy has failed to grow the way it once did. Unemployment has not stayed this high, this long, since the 1930s. But couldNYT - 819 words
-
210 2013-06-17 21 Reuters [TOKYO] The Bank of Japan will likely expand its purchase of Japanese real estate investment trusts (J-REITs) beyond its buying scheme announced earlier this year as part of the central bank’s hyper easing steps, the Nikkei business daily said. The BOJ saidReuters - 210 words
-
Article, Illustration377 2013-06-17 21 NYT [ROME] Three months into his papacy, Pope Francis took his first significant step on Saturday toward making changes at the troubled Vatican Bank, naming a trusted prelate to fill a key vacancy in an indication that the pope intendsNYT; PHOTO: REUTERS - 377 words
-
Article, Illustration784 2013-06-17 21 Analysts say finding a new CEO for RBS will be a challenge AFP [LONDON] The surprise departure of Royal Bank of Scotland (RBS) boss Stephen Hester, reportedly at the request of the British government, has sparked questions about the strategy for the state-rescued lender,AFP; PHOTOS: AP, BLOOMBERG - 784 words
-
-
Page 16 Advertisements
-
Advertisement26 2013-06-17 16 FEMALE BRIDES LOOKBOOK ISSUE 6 OUT NOW female u 9?r i COUTURE CREATIONS FOR PRETTY BOUQUETS MODERN BRIDES IN PRISTINE WHITE At all leading bookstores www.femalebridesonline.com26 words
-
Advertisement244 2013-06-17 16 S i X. |S|| ii ASIA Learn how government assistance schemes can help boost productivity profitability for your business! Tap on the expertise of officers and advisors from Workforce Development Agency, SME Centre SCCCI and SME Infocomm Resource Centre SIRS in a wide spectrum of areas to enhance your business244 words
-
-
Page 17 Advertisements
-
Advertisement184 2013-06-17 17 #4 ;B#C!A37B .=;B5#0::45 .=;BC703B!0# #A49 "7B==0? 607B=74 !0BC#0%4#% !;0!#0@4 POST YOUR AD FOR FREE AT STPROPERTY.sg Better yet, let us do the posting for you! A49 #4$ "7BC!4% 0DC 43 !A C0= .<.4 #.<<.- 0.<#5<! <." 1< !457 %.!.=< $1 435 <;1 82.=, NP:M3 /L +P5 F C ;6Q0 >BE!=184 words
-
-
Page 18 Advertisements
-
Advertisement6 2013-06-17 18 o www.o sg m VODCAST lifestyle.omy.sg6 words
-
Advertisement30 2013-06-17 18 I SINGAPORE S HOT "orresr WTS LIGHTNING STRIKES CATCH THE ALL NEW NISSAN HOT FM91.3 THUNDER TRUCK TUNE IN TO HOT FM91.3 FOR MORE INFO WWW.HOTFM.SG FflCEBODK.COM/HOTFMSG I 3* HOTFMSG30 words
-
-
Page 19 Advertisements
-
Advertisement360 2013-06-17 19 Your Bundle Of Joy With The Samsung GALAXY S4 With LIE a JNG v 9 SAMSUNG Sfh .DOWNLOAD The Straits Times The Straits Times Android Smartphone App features the Print Edition and latest News, Stocks, Weather and Photos... Version: 1.5.8 The Business Times The Business Times I Android Smartphone App360 words
-
-
Page 20 Advertisements
-
Advertisement19 2013-06-17 20 SINGAPORE'S NO.1 CAR SITE SELL YOUR CAR YOURSELF! above Ar, Com Sj VfHdeTVpf I NMOrMln I MOxiWiI IK www.sgcarmart.com19 words
-
-
Page 21 Advertisements
-
Advertisement112 2013-06-17 21 U always! like us on D facebook/ufmlOOS follow us on twitter@ufml003 www.uf m lOOS.sg UFM 100.5 c-iS fff o U SHINE Take a step back. Reflect on life. As we get caught up in the hustle and bustle of daily life, let's pause and be thankful for all that we112 words
-
-
SHIPPING/AVIATION
-
Article, Illustration616 2013-06-17 22 It believes region will echo US growth in past 30 years, fuelled by Chinese Bloomberg [HONG KONG] Royal Caribbean Cruises Ltd expects Asia’s leisure-sailing market to repeat the US growth rate over the past three decades as the Chinese become richer. “The number ofBloomberg; PHOTO: BLOOMBERG - 616 words
-
492 2013-06-17 22 Long-awaited giant military plane set to wow major air forces AFP [PARIS] The A400M, a long-awaited new military transport plane, will take to the skies at the Paris Air Show starting today before finally setting out to conquer markets worldwide after aAFP - 492 words
-
790 2013-06-17 22 Reuters [TORONTO] Canada’s Bombardier Inc is hoping to carve a new niche in the cut-throat airplane market with a fuel-efficient, medi-um-haul jet that makes its first flight this month, but its all-new CSeries needs an avalanche of orders to stave off bigger rivals. Bombardier’sReuters - 790 words
-
369 2013-06-17 22 Reuters [OKPO, South Korea] Denmark’s Maersk Line unveiled on Friday the world’s biggest container ship, hoping a new fleet of super-size vessels will deliver savings and return it to profit in an industry battered by overcapacity, weak economies and cut-throat competition. At a ceremonyReuters - 369 words
-
Article228 2013-06-17 22 SGX '000 Jun 14 S$ +/-Vol CH Offshore '000 Chuan Hup Hldg 0.26 unch 60 Cosco Corp 0.75 0.01 1541 Ezra Hldgs 0.94 0.01 2671 First Ship Lea Freight Links Grand Banks unch unch 0 Jaya Hold Ltd 0.58 -0.02 364 K1Ventures 0.17 unch 2201 Keppel Corp 10.47228 words
-
-
Page 22 Advertisements
-
Advertisement8 2013-06-17 22 To subscribe, call 6388-3838 or go to sphsubscription.com.sg8 words
-
-
Page 22 Miscellaneous
-
Miscellaneous319 2013-06-17 22 CRYPTIC CROSSWORD Across 1 Security man often taken on board (4) 3 Dream is to settle in part of New York (4,6) 9 A cat ounce? (4) 10 Offend a tar, at sea, running along the length of the ship (4-3-3) 11 Start to comprehend socially acceptable English dance (7)319 words
-
-
DINING OUT
-
Article, Illustration1386 2013-06-17 23 JAIME EE - EEspends a week sifting through slim pickings at four new restaurants JAIME EE NEW RESTAURANTS Da Laura 47 Neil Road. Tel: 6224-8251. Tamashii Robataya #02-01, 12 North Canal Road. Tel: 6222-0316 Commune Bistro 308 Tanglin Road. Tel: 6235-9008. Toots Brasserie 101 Jalan Sultan. Tel:PHOTOS OF DA LAURA: ARTHUR LEE; PHOTOS: JAIME EE, COMMUNE, TOOTS BRASSERIE - 1,386 words
-
-
Page 23 Advertisements
-
Advertisement148 2013-06-17 23 V v III •wNr-V-V Jine Hospitality Hi T LC *y v4‘V c-'.wi JT 1 HE*".; V I *1 •-> PEARLS OF INDIA 17-30 JUNE Take in the rich and robust flavours of Indian cuisine with a heady mix of spices as Executive Chef Amar Chawla from Swissotel Goa presents timeless148 words
-
-
SINGAPORE STOCKS
-
Article3463 2013-06-17 24 Week ended: Jun 14 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 Company Last Sale Vol 10.4 7 AEM --AAT High Low Buyer Seller 188 106 AIMSAMPIReit 160 -7 6072 169.5 153.5 1593,463 words
-
Article312 2013-06-17 25 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 $mil Last 2.4 1.3 t Advanced System 1.5 unch 6761 1.6 1.4 1.4 1.5 23.8 Week Last Quote Div Gr Yld Net M Cap High312 words
-
Article120 2013-06-17 25 Stock name Close Change CapMallsAsia 1.855 +0.015 CapitaLand 3.220 +0.080 CapitaMall 2.030 CityDev 9.980 +0.200 ComfortDelGro 1.755 +0.045 DBS Grp 15.990 -0.040 GLP 2.710 +0.070 Genting SP 1.415 +0.025 Golden Agri 0.570 +0.025 HK Land 6.710 +0.020 Stock name Close Change HPH Trust US$ 0.775 +0.005120 words
-
Article2071 2013-06-17 25 Transaction date: Jun 14 HONG KONG Vol HK$ +/-'000 Aeon Stores '000 Angang Steel 3.79 -0.07 ***** Anhui Conch Anhuiexpresswa 3.96 0.03 896 Asia Satellite 30.70 0.35 23 Asm Pacific 0.12 Bank Of E Asia 28.00 0.10 3489 Beida Jade Bir 0.37 unch 348 Beijing Airpor 4.99 0.092,071 words
-
Article264 2013-06-17 25 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 49.1 25 AVJennings A40.5 -2.5 27 44 40.5 40.5 43.5 3.6 8.6 3.3 149.9 52 30.5 Genting HK US$ US48 +1.5 ***** 48.5 46.5 47.5 48 3160.6264 words
-
Article186 2013-06-17 25 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 12 0 0 0 0 4 12 0 Manufacturing 33 126 27 4 24 7 37 150 34 Commerce 8 59 14 2 15 1 10 74 15 Tpt/Stor/Comms 1 39 2186 words
-
Article1031 2013-06-17 25 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF Last 143 120.4 CIMB APAC Div 100S$D 132.2 -5.3 0 132.2 132.2 131.6 132.5 114.4 96 CIMB APAC Div 100US$1,031 words
-
Article123 2013-06-17 25 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 306,158 306,158 452,392 452,392 Manufacturing 1,647,742 745,730 2,393,472 781,632 65,092 846,724 Commerce 1,123,733 456,410 1,580,143 589,506 38,137 627,643 Tpt/Stor/Comms 630,607 99,889 730,496 1,019,371 39,485 1,058,856 Finance 888,741 3,566 892,307 1,061,716 1,534 1,063,250 Construction 779,839 454,295123 words
-
-
Page 25 Advertisements
-
Advertisement26 2013-06-17 25 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES26 words
-
-
FINANCE & COMMODITIES
-
Article622 2013-06-17 26 Jun 14 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.90 *****.65 *****.31 Sep13 *****.00 *****.00 *****.00 *****.00 *****5 *****1 Dec13 *****.00 *****.00 *****.00 *****.00 3 ***** MSCI TAIWAN INDEX FUTURES SPOT 284.45 285.37 282.81 Jun13 282.60 285.10 281.90 282.60 ***** *****9 Jul13 277.50622 words
-
373 2013-06-17 26 In local curr In S$ In US$ dy yr dy yr dy yr Jun 14 Index Change Change Change Change Change Change World Preliminary 1041.6 0.0 11.0 0.0 12.1 0.1 9.5 EAFE Preliminary 840.3 0.6 8.5 0.7 7.8 0.8 5.3 Europe Preliminary 1211.7 0.2 5.6373 words
-
Article471 2013-06-17 26 Jun 14 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.975 5.880 0.720 7.443 55.273 94.710 0.912 10.802 2.988 1.192 94.442 41.041 1.200 9.454 0.887 28.729 29.269 0.613 0.959 Canada 1.025 6.029471 words
-
Article64 2013-06-17 26 Jun 14 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid64 words
-
Article137 2013-06-17 26 Jun 14 GOLD(US$/oz) Jun 13 Jun 14 Hong Kong 1398.80 1389.00 Jun 14 Jun 13 London 1386.19 1382.29 1387.41 1383.51 Source: Thomson Reuters CAST BAR Jun 14 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 125 56 5gm 356 278 10gm 636 557137 words
-
Article90 2013-06-17 26 Jun 14 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 05-Sep-13 0.25 6-Month BS*****T 13-Dec-13 0.27 1-Year BY*****H 02-May-14 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 99.98 5-Year N*****0T 0.5 01-Apr-18 97.6190 words
-
Article53 2013-06-17 26 Jun 14 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 13 2410.0 1065 Jul 13 2405.0 2435.0 2440.0 2403.0 985 6741 Aug 13 2413.0 2439.0 2444.0 2402.0 ***** ***** Sep 13 2415.0 2436.0 2440.0 2404.0 7245 *****53 words
-
Article155 2013-06-17 26 Jun 14 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2002 1.2007 0.9587 0.9590 Canadian dollar 1.2305 1.2311 0.9833 0.9829 Euro 1.6682 1.6684 1.3325 1.3326 NZ dollar 1.0068 1.0071 0.8042 0.8044 Sterling pound 1.9593 1.9599 1.5651 1.5654155 words
-
Article109 2013-06-17 26 Jun 14 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 13 1516.50 1510.25 1522.00 1506.00 Aug 13 1434.00 1426.75 1436.00 1419.25 Sep 13 1342.50 1341.50 1351.50 1333.50 Nov 13 1298.25 1300.50 1307.00 1288.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 13109 words
-
Article95 2013-06-17 26 Jun 14 COCOA (£/tonne) Close Prev High Low Jul 13 1464 1506 1509 1461 Sep 13 1474 1513 1517 1472 Dec 13 1482 1513 1518 1480 Mar 14 1482 1510 1516 1480 COFFEE(US$/tonne) Close Prev High Low Jul 13 1739 1705 1747 1677 Sep 13 1764 1731 1772 170495 words
-
1159 2013-06-17 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 0.4 1 146 423 70.00 11 Acma Ltd. W*****6 Ratio Albedo Limited W*****9 0.8 unch ***** Price Ascendas Reit.ES.1306 Disc Asiatravel.com HoldingsW*****7 1 1 25 13 Asiatravel.com HoldingsW*****51,159 words
-
Article70 2013-06-17 26 CRUDE OIL PRODUCTS Jun 13 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 104.00 -0.05 WTI (Near Mth) 96.62 0.76 Dubai (1-Mth F) 99.98 -0.01 Tapis blend 106.25 -0.29 Minas 101.25 -0.29 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 93.56 -0.22 Jet Kerosene 116.44 0.55 US$/barrel OpecOil Basket70 words
-
Article22 2013-06-17 26 Jun 14 S$ Bid Offer 1-month 1.2518 1.2519 2-months 1.2518 1.2519 3-months 1.2517 1.2521 6-months 1.2514 1.2525 Source: OCBC22 words
-
Article66 2013-06-17 26 Jun-14 Jun-14 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1810.00 1815.85 3 months 1851.00 1857.00 Copper, Grade A(US$/tonne) Cash 7056.25 7018.50 3 months 7090.00 7050.00 Lead(US$/tonne) Cash 2102.25 2075.50 3 months 2109.00 2085.50 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months66 words
-
Article121 2013-06-17 26 As at 9am Jun 14 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.229 1.171 Can dollar 1.252 1.204 Euro 1.710 1.629 Sterling pound 2.000 1.924 NZ dollar 1.033 0.994 US dollar 1.275 1.215 Local dollars to 100 units of foreign121 words
-
Article158 2013-06-17 26 Jun 14 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.60 0.40 9 months 0.75 0.55 12158 words
-
-
Article2756 2013-06-17 27 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/New2,756 words
-
Page 27 Advertisements
-
Advertisement27 2013-06-17 27 Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES Shipping Times27 words
-
Advertisement18 2013-06-17 27 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times18 words
-
-
Page 28 Advertisements
-
Advertisement180 2013-06-17 28 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 fl FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG180 words
-
Advertisement0 2013-06-17 28 ;?^{,**){%>^\|.;+/:].<}]\}=+(%+0 words
-
-
BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
-
Article, Illustration809 2013-06-17 29 VIRGINIE MANGIN - Professional networking site has attracted 15m users to-date By in VIRGINIE MANGIN in Beijing EIGHTEEN months ago, Dan Serfaty, chief executive officer and founder of Viadeo, the world’s No 2 professional networking site, moved to Beijing to conquer the Chinese market. He was undeterredPHOTO: BLOOMBERG - 809 words
-
Article, Illustration952 2013-06-17 29 AP [NEW YORK] Even as a pared-down version of Microsoft’s Office software package arrived on the iPhone, the company is holding out on extending that to the iPad and Android devices as it tries to boost sales of tablet computers running itsAP; PHOTO: AP - 952 words
-
910 2013-06-17 29 US surveillance row leads to more downloads of web anonymisers, encryption programs AFP [WASHINGTON] EWS of a massive surveillance effort led by the secretive National Security Agency has sent Web users scrambling to find new ways to avoid tracking. It might have seemed paranoidAFP - 910 words
-
-
Page 29 Advertisements
-
Advertisement91 2013-06-17 29 Setting up a call centre??? All-Touch™ Virtual Call Centre onverged Solutions Hosted Call Centre, Hosted SMS, Hosted IVR, Hosted CRM, On-Demand. No need to buy, subscription basis. From $985 per month f Answer Calls from office, home or anywhere ith Internet International Toll-Free Numbers Campaign model (short term) Co-Location f91 words
-
-
Page 30 Advertisements
-
Advertisement353 2013-06-17 30 THE STRAITS TIMES IN THE PARK 2013 PreSeuhti bj Panasonic COOL GOODIE BAG, Each runner gets a goodie bag worth more than $168, which includes: In conjunction with The Straits Times' 168 th Anniversary SIGN UP NOW ND ENJOY MORETHAN WORTH OF Make running second nature! Grab your shoes and353 words
-