The Business Times, 18 June 2013

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Microfilm: NL32625
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Tuesday, June 18, 2013
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  • Article, Illustration
    Lock icon Exports continue to slip, but GDP may find footing
    668 1  -  Over longer term, some fear S’pore is losing its competitive edge By CHUANG PECK MING [SINGAPORE] Singapore’s key non-oil domestic exports fell more than expected in May despite a weaker Sing dollar, but this does not necessarily spell doom for the
    Source: IE S’pore  -  668 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,183.44 (+22.01) GST INDEX FUTURES 3,184.00 (+22.00) GSIMSCI 357.57 (+1.00) GSIMSCI FUTURES 357.30 (+0.40) US$ S$ US$ (S$ per US$) 1.254 (US$/S$ per 1.571 1.970 EURO (US$/S$/€ 1.335 1.673 Foreign currency per US$ S$ YEN 95.00 75.80 RM 3.134 2.499 HK$ 7.760 6.189 BAHT 30.69 24.47 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Monday Change KL COMP 1,772.17 +9.98 NIKKEI 225 13,033.12 +346.60 HANG SENG 21,225.90 +256.76 SET INDEX 1,471.04 +5.77 JAKARTA COMP 4,774.50 +13.76 MANILA COMP 6,339.41 +97.15 SEOUL COMP 1,883.10 -6.14 SHENZHEN B 807.15 -12.21 MUMBAI IND 19,325.87 +147.94 12noon EDT Change DOW 15,231.91 +161.73 NASDAQ 3,461.98 +38.42
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    • Article
      Lock icon PRIME RATES
      21 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 JAPAN 13.285 KOREA 5.036 JAPAN 1.475 KOREA 9.33 INDIA 0.50 Source: Bloomberg
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  • Article, Illustration
    Lock icon Rising interest in city-fringe homes bumps up May sales
    880 1  -  By MINDY TAN [SINGAPORE] Bolstered by keen interest in city-fringe homes, new private home sales climbed 5.4 per cent in May to 1,455 units, reversing the previous month’s 50 per cent drop. Posting the largest increase in take-up for the month
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      221 1 PROPERTY Lend Lease sells 25% equity stake in Jem PAGE 26 COMMENTARY Obama’s change of course on Syria PAGE 21 COMPANIES S’pore, China high rollers now betting on rigs: CIMB PAGE 5 SME Inc It’s a SCOOP for Apps Foundry PAGE 10 *****1 *****4 GLAMOUR DOUBLE DATE AND GLAMOUR DATE
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      353 2 Exports slip, but GDP may find footing SINGAPORE’S key non-oil domestic exports fell more than expected in May despite a weaker dollar, but some private-sector economists see the economy performing better in the April-June quarter than in the first three months when GDP grew just 0.2% from a
      353 words
    • Article
      Lock icon Asian markets relatively calm ahead of key FOMC meet
      519 2  -  But volatility could return if Fed sends ambiguous signals about its QE policy, say analysts By in ANTHONY ROWLEY in Tokyo ASIAN financial markets enjoyed a day of relative stability yesterday ahead of the critical meeting today and tomorrow of the
      519 words
    • Article, Illustration
      Lock icon PSI at ‘unhealthy’ level; hits seven-year high at 155
      399 2  -  By JOYCE HOOI [SINGAPORE] As the city lay blanketed by charred tree byproduct yesterday, Singapore’s air quality officially entered “unhealthy” territory, breaching the 100-mark on the Pollutant Standards Index (PSI) and prompting a note of urgency in the National Environment Agency’s
      PHOTO: REUTERS  -  399 words
    • Article, Illustration
      Lock icon Govt releases five sites for houses, commercial use
      803 4  -  The plots, two of which are for mixed use, can yield 3,600 private homes, ECs By ONG CHOR HAO [SINGAPORE] The government will release five 99-year-leasehold land parcels that can yield 3,600 private and executive condominium (EC) housing units, with two of
      803 words
    • Article, Illustration
      Lock icon Could an Umno leadership challenge be afoot?
      626 4  -  By in S JAYASANKARAN in Kuala Lumpur WHILE the United Malays National Organisation is keen to ensure that there is no contest for top posts within the party, former premier Mahathir Mohamad is rocking the boat. It isn’t clear if Dr Mahathir, 87,
      626 words
    • Article
      Lock icon New benchmarks won’t affect customers: banks
      645 4  -  However, they will get USD Libor in the evening after Dec 31 By SIOW LI SEN [SINGAPORE] Banks say that a move to set financial benchmarks based on actual trades will have zero financial impact on customers. In any case, the SGD Sibor, which
      645 words
    • Article, Illustration
      Lock icon More billions for sector as Malaysian oil-gas shares soar
      542 4  -  By PAULINE NG in Kuala Lumpur SOME of Malaysia’s listed oil and gas firms may have seen gains of up to 100 per cent over the past six months, but there are still opportunities for both the companies and investors given
      PHOTO: BLOOMBERG  -  542 words
    • Article, Illustration
      Lock icon ‘Super Wi-Fi’ pilot programme to cover more areas
      490 4  -  By JOYCE HOOI [SINGAPORE] “Super WiFi” is gaining ground in Singapore, with the pilot programme being extended to local icons Gardens by the Bay and Sentosa. Yesterday, the pilot group already anchored by heavyweights such as Microsoft Singapore and StarHub when it
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      421 2 cutting through complexity KPMG Seminar Series Date Thursday, 11 July 2013 Time 9.00am to 11.00am Venue NTUC Auditorium NTUC Centre 1 Marina Boulevard #07-00 Singapore *****9 Seminar fee Free For more information kpmg.com.sg/seminar Closing date Thursday, 4 July 2013 Enquiries Shirley Tay Telephone: +65 6213 2639 Facsimile: +65 6224 1345
      421 words
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      153 2 Sotheby's 1 WATCHES VALUATION 24-25 June; 24-25 July 2013 1 Cuscaden Road, #01-01 The Regent Singapore In anticipation of our Hong Kong Autumn 2013 auction, our watches specialists will be visiting Singapore to offer complimentary valuations of your collection. To schedule an appointment, please contact Violeta Pereira on +65 6732
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      240 3 DBS TREASURES E3| PRIVATE CLIENT A relaxing massage. In-lounge banking services, A luxury limo ride home. DBS redefines your travel experience An invitation to experience these privileges with a complimentary pass* Scan this code or Contact our Wealth Hotline at 1800 221 1111 or Visit www.dbs.com/treasuresprivateclient/at For those going places,
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon S’pore, China high rollers now betting on rigs: CIMB
      588 5  -  Easy financing allows players to flip their assets before orders are fulfilled By LYNN KAN HIGH rollers from Singapore and China have moved on from casinos to rigs, says a CIMB offshore and marine report. “Casinos were their initial targets, then
      Source: CIMB, Riglogix  -  588 words
    • Article
      Lock icon Yoma’s acquisition of Yangon site delayed
      607 5  -  Long-stop date for its completion to be extended till Dec 31 By LYNN KAN BUREAUCRATIC discussions have held up the completion of Yoma Strategic Holdings’ 80 per cent acquisition of a 10-acre plot of land in downtown Yangon. Yoma said the long-stop date for
      607 words
    • Article
      Lock icon FSL’s S&P rating unaffected by counterparty default
      431 7  -  Financial strength expected to stay above downgrade threshold By LYNN KAN FIRST Ship Lease (FSL) Trust’s B+/negative outlook rating has been unaffected by a counterparty default, said Standard Poor’s (S&P) Rating Services yesterday. It has kept its negative rating outlook on FSL Trust
      431 words
    • Article, Illustration
      Lock icon SIA passenger load factor slips in May
      308 7  -  By MARIA MALA YOGALINGAM SINGAPORE Airlines has posted a lower passenger load factor (PLF) of 74.6 per cent for May, which was down 1.2 percentage points compared to the previous year. Systemwide passenger carriage (measured in revenue passenger kilometres) grew 1.3 per cent
      308 words
    • Article
      Lock icon Module 6A: Maybank KE offers dealers two options
      392 7  -  By R SIVANITHY MAYBANK-Kim Eng (MKE) has offered its trading representatives who have yet to clear the Capital Markets and Financial Advisory Services (CMFAS) Module 6A exams a choice regarding trading in Specified Investment Products (SIPs). They can opt in and receive
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    • Article, Illustration
      Lock icon Roxy-Pac buys Kovan site en bloc for $136m
      357 7  -  Freehold apartment block sold for $856 psf ppr By KALPANA RASHIWALA ROXY-PACIFIC Holdings has acquired the freehold Yi Mei Garden in Tampines Road through a collective sale for $136 million. The price works out to $856 per square foot per plot ratio
      FILE PHOTO  -  357 words
    • Article
      Lock icon Vanguard in push to spread low-cost word
      748 8  -  US index fund pioneer looking into products with Asian themes; says it is in region for long haul By GENEVIEVE CUA VANGUARD, the United States-based index fund pioneer, aims to spread the message of low-cost investing in Asia, where it hopes to tap
      748 words
    • Article, Illustration
      Lock icon Cityneon clinches $5.7m F1 contracts
      271 8  -  By CARINE LEE CITYNEON Holdings Ltd yesterday said it has clinched $5.7 million worth of contracts for the Formula 1 Singapore Grand Prix. The contracts, awarded to Cityneon’s wholly-owned subsidiary, Cityneon Events Pte Ltd, is for two packages to supply and provide furniture, fittings and
      ST FILE PHOTO  -  271 words
    • Article
      Lock icon Private equity exits hit by economic uncertainty
      233 8 Reuters [LONDON] The rate at which private equity firms exited their European investments slowed last year, a study showed yesterday, as economic uncertainty hit both new stock market listings and merger activity. Ernst Young found in 2012 that there were just 61 exits
      Reuters  -  233 words
    • Article
      Lock icon TEE Int’l unit bags Thai water deal
      218 8  -  By JOYCE HOOI A CONSORTIUM involving Global Environmental Technology Co (Getco) partially owned by a subsidiary of TEE International has won a contract worth about 209.8 million Thai baht (S$8.58 million). TEE Resources Pte Ltd, wholly owned subsidiary of TEE International, owns a
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      29 5 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 Kwee
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      102 5 MRS The Hotel Portal HRS. EUROPE’S LEADING HOTEL BOOKING SPECIALIST NOW IN SINGAPORE. 40 HRS innovates in step with the dynamic needs of networked business travellers. We connect corporate customers to the right hotels across 180 countries through flexible bookings made online or via mobile devices. Award winning and industry
      102 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Cautious calm ahead of Fed comments
      602 6  -  STI up 22 points in low market turnover; rebounds also seen throughout the region STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index yesterday managed to rise 22.01 points to 3,183.44, most probably as traders positioned themselves for positive comments from US Federal Reserve
      Source: Bloomberg  -  602 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 6 Jun 17 VALUE CLOSE BT OB/OS -908.00 +131.00 BT CADI -*****.00 +92.00 BT 10-day MA -*****.00 -90.00 FTSE ST Mid Cap 763.60 +3.85 FTSE ST Small Cap 572.13 +3.99 FTSE ST All Share 781.99 +5.17 FTSE ST China Top 199.65 +1.71 FTSE ST China 231.65 +3.93 FTSE
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 11 2 2 0 0 0 11 2 2 Manufacturing 49 46 37 2 8 8 51 54 45 Commerce 25 10 20 3 5 3 28 15 23 Tpt/Stor/Comms 20 8 9
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      868 6  -  Compiled by JOYCE HOOI Consumer sector OCBC Investment Research, June 17 SINGAPORE April sales remain weak. Retail sales (excluding the heavily weighted motor vehicles component) fell 0.9 per cent m-o-m (value) and 0.2 per cent m-o-m (volume) for April, as spending eased in categories such as petrol, department
      Source: Bloomberg  -  868 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 24,870 24,870 77,542 77,542 Manufacturing 274,445 65,916 340,361 142,801 6,435 149,236 Commerce 308,154 94,336 402,490 96,324 9,801 106,126 Tpt/Stor/Comms 123,331 29,850 153,181 181,619 9,728 191,347 Finance 130,683 84 130,767 175,112 37 175,150 Construction 86,475 20,446
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      115 6 Stock name Close Change CapMallsAsia 1.865 +0.010 CapitaLand 3.260 +0.040 CapitaMall 2.020 -0.010 CityDev 10.07 +0.090 ComfortDelGro 1.770 +0.015 DBS Grp 15.88 -0.110 GLP 2.680 -0.030 Genting SP 1.410 -0.005 Golden Agri 0.580 +0.010 HK Land 6.950 +0.240 HPH Trust US$ 0.770 -0.005 JMH 61.01 +1.610
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    • Article, Illustration
      Lock icon Yen slips vs US dollar, euro as stocks recover
      535 6 CURRENCIES Reuters [LONDON] The yen fell against the dollar and the euro yesterday as global stocks rebounded, but the Japanese currency may stay near two-month highs until investors get more clarity on the Federal Reserve’s ultra-loose policy. The focus is on
      Reuters; PHOTO: BLOOMBERG  -  535 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      54 6 VOLUME NexGenSCom 169,261,000 Innopac 115,725,000 WE Hldgs 82,024,000 Golden Agri 81,518,000 Teledata 48,922,000 Ramba 39,021,000 Ntegrator 38,396,000 New Wave 38,178,000 Enviro-Hub 29,181,000 ISDN Hldgs 28,246,000 VALUE($) SingTel 90,243,518 DBS Grp 74,760,102 GLP 57,024,805 Wilmar 55,219,193 Golden Agri 47,261,160 Keppel Corp 46,830,691 CapitaLand 39,963,528 UOB 37,893,354 ISDN Hldgs
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    • Article
      Lock icon RISES
      107 6 BY CENTS CLOSE UP JMH 6101 201.8 2.7 DBXT MSJAP 10US$ 4361 168.0 3.2 JSH 3830 150.4 3.2 DBXT Nifty 10US$ ***** 146.7 1.2 DBXT MSTHAI 10US$ 2062 127.9 5.2 GLD 10US$ ***** 61.4 0.4 DBXT MSAsExJp 10US$ 3171 52.6 1.3 CIMBASEAN40 100S$D 1372 41.0 3.1 DairyFarm 1236 35.1
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    • Article
      Lock icon FALLS
      127 6 BY CENTS CLOSE DOWN DBXT MSKorea 10US$ 5421 -214.3 -3.1 DBXT FTVietnam 10US$ 2400 -77.7 -2.5 Total Access 369 -21.3 -4.4 IS ASIA HYG100US$ 1064 -20.1 -1.5 DBXT MSTaiwan 10US$ 1841 -16.3 -0.7 Lyxor Russia 10US$ 357 -11.3 -2.5 DBS Grp 1588 -11.0 -0.7 Wilmar BPeCW*****2 15.9 -10.1 -38.8
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
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      92 7 J 4 without growing pains. What if you could double in size without doubting in complexity? With SAP ERP solutions, small and midsize companies gain unprecedented visibility across their entire operations, from managing sales, costs and inventory, to boosting efficiencies and improving collaboration. This isn’t just about better business processes:
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      318 8 DivPlays3.30Tracker a ShareInvestor initiative featuring listed companies that deliver (i) at least 3% dividend yield and (ii) at least 30% dividend payout. Price[a] Total Returns (Current)[c] Sabana $1.265 7.3% 79.588% $738,097,560 1.09 $1.140 -8.0% Sing Investments $1.420 3.5% 40.917% $212,795,100 2.000 $1.350 -1.4% TEHO $0.173 4.6% 40.201% $18,910,560 0.244 $0.160
      318 words
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      168 8 One of the LARGEST Investment Fairs in Town! Discover the Wealth Of Investment Opportunities! EVENT HIGHLIGHTS Panel Discussion on Market Outlook (In English and Mandarin) Over 40 FREE Investment Seminars Attend Educational Workshops by International Investment Gurus Keynote Presentations by Popular Investment Speakers Dr. Alexander Elder Best-selling Author w Director
      168 words
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      79 8 He^hCareESp&^iP^ Showcasing innovations for holistic healthcare 19-21 August 2013 Marina Bay Sands, Singapore Event Highlights </ Comprehensive showcase of healthcare solutions y Free-to-attend on-floor seminars y Endless learning opportunities Biometric Vt Experience Medical Technology Medical Equipment Supplies System mHealthleleHealth rehabilitation Kitchen Equipment erm Healthcare Orthopaedic Operation hls human resource Patient
      79 words
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      245 8 a 4 f r ‘l J\ 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
      245 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Check OneMap for population data
      316 9  -  New eGov initiative combines data and technology to drive innovation, citizen engagement By LIVIA YAP A NEW data service that grants the public access to Singapore’s population data will be available as part of a drive to encourage innovation and citizen participation. Named PopulationQuery, the
      316 words
    • Article
      Lock icon State: Evidence of suicide overwhelming
      1100 9  -  Homicide theory unfounded, says state counsel SHANE TODD INQUIRY By NISHA RAMCHANDANI OVERWHELMING evidence points to American Shane Todd’s death being a suicide, state counsel said in court yesterday during closing submissions, rounding off a two-week long coroner’s inquiry in May. “The conspicuous absence of
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    • Article
      Lock icon Lower pay rises seen for rest of 2013
      435 9  -  But in 2014 they will surpass the increases recorded in Q1 this year: poll By MARIA MALA YOGALINGAM PAY rises and variable bonuses are projected to fall for the remainder of the year but will go up in 2014 to levels above
      435 words
    • Article, Illustration
      Lock icon 60 youngsters pick up finer points of samba football
      242 9  -  By NG ZHUO YANG SIXTY children aged 10 to 14 years underwent a 90-minute football training session recently under the tutelage of the reigning world and South American club champions, SC Corinthians. Half the children in the inaugural Nutella Football Clinic
      242 words
    • Article
      Lock icon Tharman off to Russia for meetings
      372 9  -  By LEE U-WEN DEPUTY Prime Minister Tharman Shanmugaratnam is heading to Russia today for a five-day visit that will feature high-level inter-government meetings and his participation in an economic forum. The trip includes stops in St Petersburg and Kazan, a city about 800km east
      372 words
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      79 9 V m H k'' 17 THE WORLD’S FINEST SERVICED VIRTUAL OFFICES Variety of offices to cater to your every need Prestigious address, dedicated receptionist secretarial support, 5 star meeting rooms boardrooms Experience world leading IT and communications technology Take advantage of flexible lease terms from 1 month 'I'fclcts Company Registration
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  • SME Inc
    • Article, Illustration
      Lock icon Scoring a scoop with mobile app
      1224 10  -  Users can read a wide selection of publications 600 magazines, 10,000 books and 50 newspapers through SCOOP By VICTOR KATHEYAS YOU may not have heard of Apps Foundry, but if you read content on your cellphone or tablet computer, you would probably have benefited
      PHOTO: ARTHUR LEE  -  1,224 words
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      Lock icon Benefiting from strong Asean bond markets
      847 10  -  Investors can diversify their credit portfolios and companies can lower borrowing costs THE VIEW FROM NTU PROFESSORS By DOUGLAS STREETER ROLPH The writer is a senior lecturer of banking and finance at Nanyang Business School, Nanyang Technological University ASEAN corporate bond markets experienced record
      847 words
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      65 10 HAVE an interesting story on an SME to share? Drop us a note on why you think the company should be featured in our weekly SME Inc pages, with details such as how the company has grown and its expansion plans. Send your e-mail to Felda Chay at feldac@sph.com.sg with
      65 words
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      725 11 OPENS TODAY! BroadcastAsia2013 CammunioAsla2013 [nternrlseHT2ai3 The 18 th International Digital Multimedia Entertainment Technology Exhibition Conference The 24 th International Communications and Information Technology Exhibition Conference The 10 th International Information Technology Exhibition Conference for the Enterprise Level 4 5 Basement 2, Level 1 3 18-21 June 2013 Marina Bay Sands
      725 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Market cap of Malaysian GLCs hits record RM405b
      404 12 The 17 GLCs also continue to make inroads into regional markets [KUALA LUMPUR] Govern-ment-linked companies (GLCs) continue to make strong progress towards the end of the eighth year of a 10-year GLC Transformation (GLCT) programme. In the GLCT Progress Review 2013, released
      404 words
    • Article
      Lock icon Felda to tap RM6.2b cash pile to expand abroad
      617 12 Bloomberg [KUALA LUMPUR] Felda Global Ventures Holdings, the world’s third-largest manager of palm oil plantations, plans to tap its RM6.2 billion (S$2.5 billion) cash pile to expand abroad as Malaysia runs short of available land. Felda, which completed the world’s third-largest
      Bloomberg  -  617 words
    • Article, Illustration
      Lock icon Clashes as Indonesians protest move to increase fuel prices
      464 12 AFP [JAKARTA] Police fired tear gas and rubber bullets at stone-throwing protesters in Indonesia yesterday, as thousands demonstrated nationwide against the government’s plan to increase fuel prices. Several people were injured in the clashes which came as lawmakers at the national
      AFP; PHOTO: REUTERS  -  464 words
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      69 12 stfl r y asJa one v y Catch up with the Latest Business News with AsiaOne smartphone app STOCK Pav attention to pit health'. UN urges Malaysians amol top workaholics' SINGAPORE Zf 7 cr ,sement Experiences ,c homeSJtwav o«ets to 60% o« HEALTH 0 Download the app for FREE on
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      118 12 U always! like us on D facebook/ufmlOOS follow us on twitter@ufml003 www.uf m lOOS.sg UFM 100.5 cTofeu tf 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 we
      118 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Job prospects for China’s grads bleak
      501 13 Firms swamped with job applications but few positions open as economy falters NYT [HONG KONG] A record seven million students will graduate from universities and colleges across China in the coming weeks, but their job prospects appear bleak the latest sign of a troubled
      NYT  -  501 words
    • Article
      Lock icon Cheap foreign loans help Indian companies launch takeovers
      420 13 Reuters [MUMBAI] Foreign banks are fuelling India’s recent burst of overseas takeover bids, offering cheap US dollar loans to Indian corporates hungry to expand beyond their home state. The stream of financing offers from banks such as Standard Chartered, Citigroup and Deutsche
      Reuters  -  420 words
    • Article, Illustration
      Lock icon China faces a long battle for clean air
      529 13 New govt measures welcome but won’t provide a quick fix AFP [BEIJING] China’s newly announced measures to combat pollution by slashing emissions from major polluting industries and holding local officials responsible could take 18 years to bring air quality within acceptable standards,
      AFP; PHOTO: AFP  -  529 words
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      136 13 Lu- _v !r3 |^a®r m =»IT Zl i m a* i ‘s'? i ,-if -Ar TTc A i-S ■.T > TM Wny TsO ijjis/p/jsjjrjjj Do you lead a local enterprise that has soared to new heights of excellence? It is time to be recognised. Chart new business frontiers by nominating
      136 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Fed-induced dive unleashes bargain-hunters
      1042 14 Money managers seize chance to pick up range of assets at lower prices Reuters [NEW YORK] Since Ben Bernanke unleashed a bombshell on May 22 by suggesting the US Federal Reserve could before long start to pull back on its massive monetary stimulus, big stock and
      Reuters; PHOTO: AP  -  1,042 words
    • Article
      Lock icon UK panel set to unveil banking reform report
      517 14 Measures to rein in risky bank practices likely to be adopted Reuters [LONDON] Andrew Tyrie is a Conservative lawmaker, but this week fellow party member and finance minister George Osborne will be taking a deep breath as Mr Tyrie’s cross-party committee on
      Reuters  -  517 words
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      264 14 STCARS IS NOW ON IPAD You won't miss a turn with STCars at your fingertips! LATEST ADDITION TO OUR STCARS MOBILE FAMILY! All > New Carj Found Audi 87 Sportbaok 4.0 Audi no GT Spyder 5.2 FSI n fir- y, 'Sa--ctu I OPC 2.0 Turbo (M) Audi R8 Spyder 5.2
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  • WORLD
    • Article, Illustration
      Lock icon Homebuilders’ confidence surges to 7-year high
      503 15 Low mortgage rates, stronger job market, limited inventories benefit builders LATEST US DATA Bloomberg [WASHINGTON] Confidence among US homebuilders surged in June to the highest level in seven years, reflecting gains in sales as Americans rushed to take advantage of low mortgage rates. The
      Bloomberg; PHOTO: BLOOMBERG  -  503 words
    • Article
      Lock icon Banks set to trim holdings of EU sovereign bonds
      504 15 A decline in bank appetite could leave govts exposed to rising yields when many still have deficits to finance in the market. Reuters [LONDON] European governments look set to lose the backing of their biggest group of creditors, with some of
      Reuters  -  504 words
    • Article
      Lock icon London wins safeguard in EU market rules deal
      261 15 Reuters [LONDON] Britain won backing from its European Union (EU) partners yesterday to prevent parts of its financial services sector from potentially having to relocate to the eurozone. Britain is already taking the European Central Bank to the bloc’s highest court for
      Reuters  -  261 words
    • Article
      Lock icon Qatar sells back stake in Porsche to family of carmaker
      290 15 Bloomberg [BERLIN] The PorschePiech family bought Qatar Holding’s 10 per cent stake in Porsche Automobil Holding to regain full control of the investment company whose only asset is a majority stake in Volkswagen AG. The purchase gives the family 100
      Bloomberg  -  290 words
    • Article, Illustration
      Lock icon US, EU start talks for ambitious trade pact
      590 15 Deal will result in thousands of new jobs, faster growth Reuters [ENNISKILLEN, United Kingdom] The United States and the European Union (EU) launched negotiations for the world’s most ambitious free-trade deal yesterday, promising thousands of new jobs and accelerated growth on both
      Reuters; PHOTO: REUTERS  -  590 words
    • Article
      Lock icon Probes into benchmark rigging widen
      882 16 Regulators looking into interest rate swaps, oil prices and forex market rates Bloomb erg [NEW YORK] The probe of Libor manipulation is proving to be the tip of the iceberg as inquiries into assets from derivatives to foreign exchange show that if there’s a chance
      Bloomberg  -  882 words
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      Lock icon Rising JGB yields a test for Abe
      1111 16 Banks hike prime rates to offset losses from bond earnings Reuters [TOKYO] Abenomics’ massive monetary stimulus was supposed to depress long-term interest rates to spur economic activity, but the Japanese government bond (JGB) market has other ideas. Banks, unable to make money on
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    • Article
      Lock icon Li Ka-shing buys Dutch waste processor AVR
      363 16 Bloomberg [HONG KONG] Billionaire Li Ka-shing’s Cheung Kong Holdings Ltd and partners agreed to buy AVR Afvalverwerking BV from Van Gansewinkel Groep BV for 943.7 million euros (S$1.58 billion) to add waste processing in Europe. The bidding group will consist of Hong Kongbased
      Bloomberg  -  363 words
    • Article
      Lock icon UK spied on G-20 officials in London in 2009: report
      260 16 Reuters [LONDON] Britain intercepted phone calls and monitored computers used by officials taking part in two high-level international finance meetings in London in 2009, a British newspaper said on Sunday. The Guardian said some delegates from countries in the Group
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      Lock icon Deutsche Bank is heavily undercapitalised: US official
      763 18 German bank denies charge and points to Basel III norm which Hoenig says is faulty Reuters [WASHINGTON] A top US banking regulator called Deutsche Bank’s capital levels “horrible” and said it is the worst on a list of global banks based on one
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      Lock icon US regulator urged to stand firm on derivatives rules
      573 18 Reuters [WASHINGTON] Democratic Senator and Wall Street critic Elizabeth Warren is urging US federal regulators to “show some backbone” and stick to their proposal for how new derivatives rules will apply to foreign banks which do business with US companies. “If
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    • Article
      Lock icon Peso carry-trade allure fades for Japan investors
      646 18 Profiting from higher rates backfires as Mexican currency falls Bloomberg [MEXICO CITY] Mexico’s peso is losing its status as the best carry-trade currency for Japanese investors as the Bank of Japan (BOJ) signals reluctance to boost stimulus while the US Federal Reserve weighs
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  • Page 15 Advertisements
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      51 15 female 1 lookbook ISSUE 6 FEMALE BRIDES LOOKBOOK ISSUE 6 OUT NOW m 1 fm i HI PRETTY BOUQUETS IN PRISTINE WHITE SPARKLING STYLE AND GLITTERING GEMS GLAM SETTINGS FOR EVERY CELEBRATION 3 COUTURE CREATIONS FOR MODERN BRIDES .*6*5*338*, fv'' X_ '1 > ROMANTIC RINGS, LUXE DETAILS At all leading
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      61 16 Biofield Holdings Limited Business Company Number: *****9 In Voluntary Liquidation Notice is hereby given that in accordance with the British Virgin Islands Business Companies Act, 2004 (as amended), the voluntary liquidation of Biofield Holdings Limited commenced on 04/06/2013 and that Alison Watson of 21 Collyer Quay #19-01 HSBC Building Singapore
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  • Page 17 Advertisements
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      199 17 Time is money. We’ll make this brief. MARINA BAY VIEWS FROM Rents heading north THE TOP over longer term A local core in page 4 finance pages 1: DINING OUT YOUNG INVESTORS' FORUM palatably priced Get answers to financial planning questions easily page 10 Kaiseki that’s palatably priced 12-13 I
      199 words
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      9 18 s* *AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices
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      310 18 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF SINOSE MARITIME PTE LTD Company Registration No. *****0741H (In Voluntary Liquidation) At an Extraordinary General Meeting of the company duly convened and held at 24 Sin Ming Lane #03-95 Midview City Singapore *****0 on 10 June
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      73 18 1 Creating Experience. Value. Partnerships We bring inspiration, innovation. Value to your business! FUTURE TRANSPORT ASIA 2013 We help you make a mark in the transport sector: Airport Terminals Aviation Rail Road Find out how to target your market today. Organised by: sphere SINGAPORE PRESS HOLDINGS Find out more about
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      29 18 SMAPORES 1 HOT “>rre!T 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 I FACEBOOK.COM/HOTFMSG 3* HOTFMSG
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Airbus scores with US$18.3b of orders
      650 19 Boeing reports US$6.1 b of orders for 787 Dreamliner, 737 MAX and 777 AFP [PARIS] The world’s biggest air show began yesterday with a huge order for the Airbus superjumbo, deals for Boeing’s troubled Dreamliner, and a bang from thunder and lightning. The two
      AFP; PHOTO: BLOOMBERG  -  650 words
    • Article
      Lock icon European firms want a drone of their own
      403 19 Consortium says move would reduce reliance on US, Israeli planes NYT [NEW YORK] Three of Europe’s top military contractors have urged the region’s governments to support a joint programme to develop a reconnaissance drone to reduce dependence on American and Israeli manufacturers.
      NYT  -  403 words
    • Article
      Lock icon BMI Regional plans flights across North Sea
      365 19 Bloomberg [LONDON] BMI Regional, spurned by British Airways (BA) when it bought the former British Midland unit of Deutsche Lufthansa AG, plans to target oil industry executives with services across the North Sea ignored by bigger carriers. BMI Regional will commence flights between
      Bloomberg  -  365 words
    • Article
      Lock icon US regional carriers use bigger planes
      382 19 NYT [NEW YORK] When Delta Air Lines took over regional carrier Pinnacle Airlines last month, it was the latest example of changing dynamics in the US regional airline industry: as consolidation continues, network carriers are exerting ever more control over their regional partners. Last
      NYT  -  382 words
    • Article, Illustration
      Lock icon Shipping magnate Paul Soros dies at 87
      358 19 AP [NEW YORK] Paul Soros, a successful innovator in shipping, philanthropist and the older brother of billionaire financier George Soros, died in New York City on Saturday after a long bout with a host of illnesses, said his son Peter Soros. He was
      AP  -  358 words
    • Article
      Lock icon TRANSPORT STOCKS
      249 19 SGX '000 Jun 17 S$ +/-Vol CH Offshore 0.44 0.01 16 Chuan Hup Hldg 0.26 unch 20 Cosco Corp 0.75 0.01 1009 S$ Ezra Hldgs 0.94 unch 2035 First Ship Lea 0.12 unch 638 Freight Links 0.09 unch 5265 Grand Banks unch unch 0 Jaya Hold Ltd 0.57
      249 words
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  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      332 19 CRYPTIC CROSSWORD Across 1 Leisure venues serving dish in kitchens? (7,6) 9 Standard song from Plant, say? (9) 10 Cheers for a multinational organisation employing detective (5) 11 Left in central London company, as agreed (5) 12 Crazy point put to teachers (4) 13 Look after large city in Europe
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  • EDITORIAL & OPINION
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      Lock icon Japan’s new diplomatic offensive
      483 20 EDITORIAL JAPAN’S developing-world diplomacy seems to have gone into overdrive in recent weeks with the staging of a meeting of more than 50 African leaders in Yokohama, following the hosting of an official visit by Indian prime minister Manmohan Singh to Tokyo last month. The frantic
      483 words
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      Lock icon Forget the long run fiscal deal and fix the here and now
      843 20  -  THE BOTTOM LINE PAUL KRUGMAN The writer is professor of economics and international affairs at Princeton University, and winner of the Nobel Prize in economics in 2008 NYT LAST week the International Monetary Fund, whose normal role is
      NYT  -  843 words
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      Lock icon Understanding consumers with help from Big Data
      1106 20  -  Mere access to the information is not enough; unlocking value from the data is vital By JOAN KOH The writer is managing director, Nielsen Singapore and Malaysia. Retail Shopper Marketing Excellence, a conference for marketers, retailers and manufacturers, took place from June 10
      ST FILE PHOTO  -  1,106 words
    • Article, Illustration
      Lock icon Obama’s change of course on Syria
      1355 21  -  Sending arms to rebels may put pressure on US to take direct military action and also draw it into civil war in Lebanon LEON HADAR Washington Correspondent FOR more than two years, US President Barack Obama resisted political pressure at home and abroad to
      PHOTO: AFP  -  1,355 words
    • Article, Illustration
      Lock icon Why it’s unlikely for Modi to lead BJP to power
      1039 21  -  YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT IN the six months since the Bharatiya Janata Party (BJP) led by Narendra Modi won the assembly elections in Gujarat for the third time, he and his
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  • Article
    Lock icon SHIPPING TIMES
    1466 22 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
    1,466 words
  • Page 22 Advertisements
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      84 22 Shipping lines seeking reliable logistics partners TO ADVERTISE, CALL JOE WONG AT 9620 1327 I Can they find your services here in the Shipping Times? M The Business Times Shipping Times PLACE YOUR AD HERE The Business Times Shipping Times CALL JOE WONG AT 9620 1327 PLACE YOUR AD HERE
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3068 23 Transaction date: Jun 17 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 10.4 7 AEM --AAT M Cap 188 106 AIMSAMPIReit 160.5 +0.5 173 160.5 158.5 159
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      Lock icon SGX CATALIST
      226 24 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 2.4 1.3 t Advanced System 1.5 unch 588 1.6 1.5 1.5 1.6 23.8 Last Quote Div Gr Yld Net M Cap High
      226 words
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      Lock icon UNIT TRUST & FUNDS
      10919 24 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FunaCI A!** Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited Global Emerging Markets!** ....0.9974/ China Opportunities ,2 7884/ FM local Cry Bond 0 9563/ European Opportunities!" 1.1845/ Global Emerging Markets!" Global Opportunities/" China Opportunities USD!** ...*****/
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      Lock icon GLOBALQUOTE
      258 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 49.1 25 AVJennings A46.5 +6 23 46.5 45.5 43 46 3.6 7.5 3.8 172.2 52 30.5 Genting HK US$ US48 unch 1579 48 47.5 47.5 48 3160.6
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    • Article
      Lock icon SGX ETF
      905 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF Company 143 120.4 CIMB APAC Div 100S$D 131.5 -0.7 3 132 131.5 131.7 132.6 114.4 96 CIMB APAC Div 100US$
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      646 25 Jun 17 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.37 *****.12 *****.82 Sep13 *****.00 *****.00 *****.00 *****.00 *****1 *****1 Dec13 *****.00 11 ***** MSCI TAIWAN INDEX FUTURES SPOT 284.36 285.96 283.75 Jun13 282.60 284.90 280.60 284.40 ***** *****3 Jul13 277.30 279.30 275.40 278.80
      646 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 25 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 5.6
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 25 Jun 17 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.976 5.886 0.720 7.458 55.364 94.981 0.913 10.825 3.012 1.188 94.716 41.217 1.205 9.507 0.886 28.800 29.491 0.612 0.961 Canada 1.024 6.029
      471 words
    • Article
      Lock icon SIBOR
      61 25 Jun 17 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 1 yr SWAP
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    • Article
      Lock icon PRECIOUS METALS
      135 25 Jun 17 GOLD(US$/oz) Jun 17 Jun 14 Hong Kong 1398.00 1389.00 Jun 14 Jun 13 London 1386.19 1382.29 1387.41 1383.51 Source: Thomson Reuters CAST BAR Jun 17 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 126 56 5gm 358 280 10gm 639 559
      135 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 25 Jun 17 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 15-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 99.94 5-Year N*****0T 0.5 01-Apr-18 97.49
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    • Article
      Lock icon PALM OIL
      57 25 Jun 17 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 13 2445.0 2459.0 2464.0 2438.0 689 5594 Aug 13 2458.0 2467.0 2472.0 2442.0 6818 ***** Sep 13 2454.0 2462.0 2467.0 2439.0 9718 ***** Oct 13 2448.0 2457.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 25 Jun 17 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2045 1.2055 0.9610 0.9612 Canadian dollar 1.2335 1.2349 0.9846 0.9842 Euro 1.6727 1.6740 1.3345 1.3347 NZ dollar 1.0136 1.0144 0.8087 0.8088 Sterling pound 1.9695 1.9711 1.5713 1.5716
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 25 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 13
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    • Article
      Lock icon LIFFE
      95 25 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$/tonne) Close Prev High Low Jul 13 1739 1705 1747 1677 Sep 13 1764 1731 1772 1704
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1112 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv Ratio Albedo Limited W*****9 Price Prem Disc Asiatravel.com HoldingsW*****7 1 1 25 13 Asiatravel.com HoldingsW*****5 2 1 27 37 BakerTech W*****5 ing Left Best World Intl Ltd
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 25 CRUDE OIL PRODUCTS Jun 14 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 106.14 2.14 WTI (Near Mth) 97.84 1.22 Dubai (1-Mth F) 102.22 2.24 Tapis blend 109.03 2.78 Minas 105.03 3.78 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 95.44 1.88 Jet Kerosene 119.18 2.74 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 25 Jun 17 S$ Bid Offer 1-month 1.2533 1.2541 2-months 1.2533 1.2543 3-months 1.2533 1.2543 6-months 1.2534 1.2545 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 25 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 months *****.00
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 25 As at 9am Jun 17 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.230 1.172 Can dollar 1.257 1.209 Euro 1.709 1.628 Sterling pound 2.005 1.928 NZ dollar 1.035 0.996 US dollar 1.278 1.218 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      157 25 Jun 17 $S Offer Bid 0vernight 0.03 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ 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 Lend Lease sells its 25% equity stake in Jem
      498 26  -  Property giant sells stake for $227m to new wholesale investment vehicle By KALPANA RASHIWALA AUSTRALIA’S Lend Lease has sold its 25-per-cent equity interest in Jem, a suburban office and retail development next to Jurong East MRT Station, for $227 million (or
      FILE PHOTO  -  498 words
    • Article
      Lock icon Tokyo condos up for sale surge as economy recovers
      342 26 Bloomb erg [TOKYO] The number of condominiums offered for sale in Tokyo and surrounding areas in May surged 49 per cent the biggest gain in more than a year as Japan’s economy started to show signs of improvement. Developers put 4,967
      Bloomberg  -  342 words
    • Article
      Lock icon Dutch property firm to list as Reit in Warsaw
      174 26 Reuters [WARSAW] Dutch company Meridian Properties plans to debut on the Warsaw bourse as a real estate investment trust, selling new shares to raise 200 million euros (S$332.8 million) to purchase a property portfolio and partly pay off debt, it said
      Reuters  -  174 words
    • Article, Illustration
      Lock icon UK home asking prices up for sixth straight month
      468 27 Average prices top £250,000 in June as strength in London spreads elsewhere Bloomberg [LONDON] UK home sellers raised asking prices for a sixth consecutive month, pushing average values a b ove £250 (S$492,000) for the first 0 0 0 (S$492,000) for
      Bloomberg; PHOTO: BLOOMBERG  -  468 words
    • Article
      Lock icon Youth find home ownership barriers dividing UK: survey
      386 27 Reuters [LONDON] Most young Britons say rising barriers to home ownership are dividing the country socially and economically, and one in five has abandoned the dream of ever owning a property, a survey by mortgage provider Halifax says. Over 70 per cent
      Reuters  -  386 words
  • Page 26 Advertisements
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      107 26 HOME LOAN COMPARISON CALCULATOR Use our Home Loan Wizard to compare the latest home loan rates and packages across all banks in Singapore! www.stproperty.sg/property-tool HOME LOAN COMPARISON CALCULATOR The Home Loan Comparison Calculator helps you calculate your monthly payments and compare the latest home Loan packages From all banks in
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      228 27 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices O AT3 NOTICES D5 FREEHOLD RESIDENTIAL LAND Along Pasir Panjang Rd Regular Plot; GPR 1.4 LA 28,000 sq ft Ideal for apts/cluster hsg Less than 300m to MRT Near amenities Science Park Sou//, 'f'
      228 words
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      Lock icon Page 27 Advertisements Column 2
      120 27 Residential Land Parcels At Hillview Terrace Not To Scale. For Reference Only n 3 land parcels available n 999-year tenure n MP 2008 Residential, PR 1.92 n Overlooks the lush greenery of Little Guilin Tender Closing: Wed, 17 July 2013, 3 pm Investment Advisory Services Tel: 6293 3228 DTZ Debenham
      120 words
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      Lock icon Page 27 Advertisements Column 3
      524 27 RIVER VALLEY OFFICE COMMERCIAL SCHOOL r Hill!): I’i m s s A The Herencia 46 58 Kim Yam Road 350 sq ft to 160,000 sq ft Next to Robertson Quay Mohd Sultan Close proximity to Clarke Quay Orchard Road NEW Launch! Agency Licence No.: L*****80F 8688 2122 Geraldine Chew (R*****5B)
      524 words
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  • Page 28 Advertisements
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      283 28 More than 50% SOLD! In conjunction with The Straits Times’ 168thAnniversary SIGNUPNOW AND ENJOY MORETHAN $168 WORTHOF GIFTS! Make running second nature! Grab your shoes and leave the city behind, as you hit an invigorating trail through the scenic north eastern riverine loop, that winds along the natural coastline of
      283 words