The Business Times, 9 July 2013
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2013-07-09
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The Business Times
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Title Section25 2013-07-09 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Tuesday, July 9, 201325 words
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Article, Illustration771 2013-07-09 1 ANDREA SOH - They outsource debt collection to banks for a price and achieve leaner balance sheets By ANDREA SOH [SINGAPORE] The desire for lean balance sheets amid an environment of growing business has increased the popularity of receivables financing among commodity houses. Receivables financing, or factoring, involves771 words
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550 2013-07-09 1 PAULINE NG - Non-bank financial players bear brunt of investor fury By PAULINE NG in Kuala Lumpur FINANCIAL institutions and other listed lenders were conspicuous losers on the Malaysian stock exchange yesterday on anticipation that loans growth would be dampened after lending rules550 words
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MARKETS DIGEST
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Article65 2013-07-09 1 HST INDEX 3,155.47 (-14.26) HST INDEX FUTURES 3,149.00 (-15.00) HSIMSCI 353.56 (-2.46) HSIMSCI FUTURES 351.70 (-3.20) US$ S$ US$ (S$ per US$) 1.283 (US$/S$ per 1.489 1.910 EURO (US$/S$/€ 1.283 1.647 Foreign currency per US$ S$ YEN 101.20 78.80 RM 3.210 2.501 HK$ 7.755 6.044 BAHT 31.48 24.53 RUPIAH65 words
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Article48 2013-07-09 1 Monday Change KL COMP 1,762.87 -9.40 NIKKEI 225 14,109.34 -200.63 HANG SENG 20,582.19 -272.48 SET INDEX 1,404.64 -36.69 JAKARTA COMP 4,433.63 -169.18 MANILA COMP 6,318.91 -181.57 SEOUL COMP 1,816.85 -16.46 SHENZHEN B 748.99 -23.69 MUMBAI IND 19,324.77 -171.05 12noon EDT Change DOW 15,203.60 +67.76 NASDAQ 3,478.69 -0.6948 words
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Article21 2013-07-09 1 SINGAPORE MALAYSIA HONG KONG INDONESIA 6.55 TAIWAN INDONESIA 13.558 TAIWAN 5.036 JAPAN 1.475 SWITZERLAND 9.33 INDIA 0.50 Source: Bloomberg21 words
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Article, Illustration702 2013-07-09 1 LEE U-WEN - By LEE U-WEN [SINGAPORE] Singaporelinked companies that cause the haze may soon have no place to hide from the law here even if their actions take place beyond the Republic’s borders. In fact, Singapore is now studying the feasibility of introducing extra-territorial lawsPHOTO: AFP - 702 words
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Page 1 Advertisements
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Advertisement65 2013-07-09 1 PROPERTY Premium grade office rents on the mend PAGE 33 S’PORE NEWS Alpine in tie-up to sell Chevy in Myanmar PAGE 11 COMMENTARY A ‘New Japan’ is not in sight yet PAGE 27 COMPANIES RHB infringed advice rules: MAS PAGE 5 SME Inc Taking a family business up one notch65 words
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TOP STORIES
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495 2013-07-09 2 RONNIE LIM - Pavilion Gas chaired by Liew Mun Leong; shares same CEO as Pavilion Energy By RONNIE LIM [SINGAPORE] With natural gas, especially liquefied natural gas (LNG), set to play a bigger role in Singapore’s energy security and its plans to grow as a regional495 words
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Article, Illustration989 2013-07-09 2 NISHA RAMCHANDANI - SHANE TODD INQUIRY Reports by NISHA RAMCHANDANI [SINGAPORE] The State Coroner has ruled that American engineer Shane Todd committed suicide by hanging, and that there was no evidence of foul play. Coroner Chay Yuen Fatt’s findings, detailed in a 145-page report, painted aPHOTO: AFP - 989 words
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586 2013-07-09 2 LEE U-WEN - No different from existing laws, affect just 10 sites: minister By LEE U-WEN [SINGAPORE] With more people in Singapore going online to get their news updates, the government has to address this “emerging trend” and hold such websites to a certain degree of586 words
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Article, Illustration53 2013-07-09 2 IN “Chance to create brand loyalty in central China: IE S’pore” (BT, July 8), the accompanying chart contained wrong numbers. IE Singapore has since corrected the numbers that it had provided earlier, as above. Opportunities beckon Singapore foreign direct investment in Source: China Embassy (Foreign Investment Department of theSource: China Embassy (Foreign Investment Department of the Ministry of Commerce) - 53 words
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Article, Illustration502 2013-07-09 2 [SINGAPORE] The Todds’ conspiracy theory that American engineer Shane Todd was murdered in Singapore was based on untruths, pure imagination and fantasy, said Foreign Affairs and Law Minister K Shanmugam. Speaking to reporters hours after a state coroner ruled Mr Todd’s death a suicide,PHOTO: AFP - 502 words
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THREE-MINUTE DIGEST
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46 2013-07-09 2 THE desire for lean balance sheets amid an environment of growing business has increased the popularity of receivables financing among commodity houses. Receivables financing, or factoring, involves the sale of accounts receivable to third parties, such as banks, at a discount.46 words
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32 2013-07-09 2 SINGAPORE is now studying the feasibility of introducing extra-territorial laws to clamp down on firms that are proven to be responsible for causing the haze.32 words
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45 2013-07-09 2 WITH natural gas set to play a bigger role in Singapore’s energy security and its plans to grow as a regional LNG trading hub, Temasek Holdings has established a new company, Pavilion Gas, to handle its gas businesses.45 words
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54 2013-07-09 2 WITH more people in Singapore going online to get their news updates, the government had to hold such websites to a certain degree of responsibility. But fears that the new licensing framework would stifle internet freedom here are “unfounded”, said Communications and Information54 words
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45 2013-07-09 2 THE Monetary Authority of Singapore will today announce a regulatory framework which will allow banks here to conduct foreign exchange conversions in China via the RMB Clearing Bank in Singapore, said Deputy Prime Minister Tharman Shanmugaratnam yesterday.45 words
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24 2013-07-09 2 THE Monetary Authority of Singapore has reprimanded RHB Bank Bhd Singapore for contravening the Financial Advisers Act.24 words
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28 2013-07-09 2 EVEN as more banks pronounce the death of the commodity supercycle, Societe Generale yesterday said it could last for another two decades.28 words
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39 2013-07-09 2 A NEW generation of hotels, leveraging the facilities and services provided by their business park neighbours, have dispensed with the need to provide all the bells and whistles of traditional hotels.39 words
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48 2013-07-09 2 THE credit crunch induced by Chinese Premier Li Keqiang last month to force smaller lenders to clear off balance sheet items will ripple through to the real economy as funding options shrink for some manufacturers and homebuyers, according to economists.48 words
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40 2013-07-09 2 THE top forecaster of the Australian dollar, the Canadian Imperial Bank of Commerce, predicts a further 4 per cent slump, capping the worst annual loss since the financial crisis in 2008.40 words
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37 2013-07-09 2 GREECE’S debt inspectors reached an agreement with the cash-strapped country on reforms needed for the release of the next batch of bailout loans despite warning yesterday of an “uncertain” economic outlook.37 words
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Article, Illustration535 2013-07-09 4 KELLY TAY - By KELLY TAY [SINGAPORE] The Monetary Authority of Singapore (MAS) will announce today a regulatory framework that will allow banks here to conduct foreignexchange conversions in China via the RMB Clearing Bank in Singapore. Deputy Prime Minister and Minister for Finance TharmanPHOTO: LIANHE ZAOBAO - 535 words
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Article, Illustration981 2013-07-09 4 MICHELLE QUAH - Payment from nTan far short of tax obligations but tech firm is banking on ‘other payouts’ By MICHELLE QUAH [SINGAPORE] The long-running saga that has seen advisory firm nTan Corporate Advisory and hard disk drive distributor eSys Technologies battle it981 words
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Page 2 Advertisements
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Advertisement16 2013-07-09 2 FRONT PAGE FRONT PAGE TOP STORIES, PAGE 2 TOP STORIES, PAGE 2 TOP STORIES, PAGE 416 words
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Advertisement24 2013-07-09 2 COMPANY NEWS, PAGE 5 COMPANY NEWS, PAGE 7 SINGAPORE NEWS, PAGE 11 GREATER CHINA, PAGE 15 ECONOMY WATCH, PAGE 17 WORLD NEWS, PAGE 2124 words
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Advertisement108 2013-07-09 3 HITACHI Inspire the Next n WHY CAN'T WE PUT ENERGY TO SLEEP AT NIGHT?" At Hitachi, we're inspired by challenging questions. That's why we've taken a different approach to help cities face the growing demand for energy. We're committed to finding integrated solutions that not only optimise consumption but contribute108 words
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Advertisement595 2013-07-09 4 Workplace Success: Unlock Your Potential Maximise Your Performance Who should attend: Senior and Middle Management, Supervisors, Social Media Managers Consultants, Corporate Communications and Marketing Managers Consultants, Sales and Business Development Managers Executives, and those who are interested in attaining higher productivity at work. Productivity a nd Innovation Credit (Pi g595 words
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COMPANY NEWS
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Article298 2013-07-09 5 SIOW LI SEN - Bank allowed unauthorised staff to recommend investment products to customers By SIOW LI SEN THE Monetary Authority of Singapore (MAS) has reprimanded RHB Bank Bhd Singapore for contravening the Financial Advisers Act. In a posting on its website, MAS said the Malaysian-owned bank allowed two298 words
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268 2013-07-09 5 JACQUELYN CHEOK - By JACQUELYN CHEOK WILMAR International and Clariant International have received merger clearance for their 50:50 amines joint venture. In an announcement yesterday, they said the Singa-pore-headquartered joint venture known as “the global amines company” will be the global platform for production and sales of268 words
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268 2013-07-09 5 NG ZHUO YANG - By NG ZHUO YANG MAINBOARD-listed Sunpower Group Ltd has secured a 253.5 million yuan (S$52.96 million) engineering procurement and construction (EPC) contract between its wholly owned subsidiary Jiangsu Sunpower Technology Co Ltd and Xinjiang Kuishan BaoTa Petrochemical Co Ltd, a joint venture and holding company268 words
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387 2013-07-09 5 CARINE LEE - By CARINE LEE MIRACH Energy Limited yesterday said it has entered into a convertible loan agreement with six individuals for a total loan of up to $36 million. The loan bears a flat interest rate of 7 per cent and matures two387 words
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Article280 2013-07-09 5 LIVIA YAP - Move will let it venture into coal sector By LIVIA YAP MAINBOARD-listed Blumont Group Ltd yesterday announced that it has entered into a conditional agreement with Cokal Ltd to venture into the coal sector. It will take up 60,057,034 placement shares in Cokal at A$0.16280 words
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Article662 2013-07-09 7 ANDREA SOH - But it won’t be as ‘super’ as before as China’s growth rate slows By ANDREA SOH EVEN as more banks pronounce the death of the commodity supercycle, Societe Generale yesterday said it could last for another two decades. The current supercycle, which it said started in662 words
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226 2013-07-09 7 ANNABETH LEOW - By ANNABETH LEOW MAINBOARD-LISTED logistics facilities provider Global Logistic Properties (GLP) yesterday announced a new development costing an estimated 15.7 billion yen (S$199 million) in the Japanese city of Nishinomiya in Hyogo Prefecture. Construction on the fivestorey facility, GLP Naruohama, is226 words
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363 2013-07-09 7 ANNABETH LEOW - By ANNABETH LEOW NOT wanting to put all its eggs in one basket, Chew’s Group has embarked on another project as part of its sea cucumber farming ambition. Better known as a supplier of fresh and liquid eggs in Singapore, Chew’s Group announced yesterday363 words
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238 2013-07-09 7 NISHA RAMCHANDANI - By NISHA RAMCHANDANI VIRGIN Australia (VA) chief executive John Borghetti will assume the role of chairman for Tigerair Australia, while Tigerair chairman JY Pillay and Tigerair CEO Koay Peng Yen will also sit on the board of the budget carrier. VA has238 words
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Article, Illustration1802 2013-07-09 8 After steep two-month loss, T-bills now offer comfortable yields Bloomberg [LONDON] The biggest investors in Asia and Europe are keeping their money in Treasuries even after the steepest two-month loss for the securities erased US$317 billion of market value. Mizuho Asset Management Co,Bloomberg; PHOTO: AFP - 1,802 words
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306 2013-07-09 8 TEO SI JIA - By TEO SI JIA CHEUNG Woh Technologies’ net profit for the first quarter ended May 31 rose to $199,000 from $38,000 a year ago, picking itself up from the losses and narrowed earnings of the earlier quarters. Earnings per share at 0.07306 words
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Advertisement118 2013-07-09 5 Ta 09^ ESI? 19 54 x mdt 4^1 SINCERE fine watches V 1 4 kmii ilk:/ 1 IT’S TIME TO ENJOY V. p NOW TILL 31 JULY 2013 vwrn flyEtXtfgDtl n Earn 1 KrisFlyer mile w&hlwcry S$1 spent on luxury timepieces at Sincere Fine Watches. There’s no better time to118 words
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SINGAPORE MARKETS
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Article, Illustration523 2013-07-09 6 KENNETH LIM - But ST Index trims loss to 14 points at the close after late support from the US and the UK STOCKS KENNETH LIM Correspondent SINGAPORE stocks took a beating early yesterday but found some strength late in the day as yield plays reactedSource: Bloomberg - 523 words
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Article73 2013-07-09 6 Jul 8 VALUE CLOSE BT OB/OS 240.00 +143.0 BT CADI -*****.00 -143.0 BT 10-day MA -*****.00 +24.00 FTSE ST Mid Cap 743.88 -10.22 FTSE ST Small Cap 564.64 -4.43 FTSE ST All Share 772.64 -4.88 FTSE ST China Top 195.01 -2.00 FTSE ST China 226.59 -2.00 FTSE73 words
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Article56 2013-07-09 6 VOLUME M Devt 279,075,000 Intl Healthway 117,545,000 Innopac 74,832,000 LifeBrandz 65,050,000 Mirach Energy 62,520,000 Hiap Tong 50,956,000 Ramba 49,596,000 New Wave 49,043,000 MDR 48,747,000 IPCO Intl 47,777,000 VALUE($) Intl Healthway 54,393,685 DBS Grp 40,199,490 Keppel Corp 39,243,286 SingTel 34,451,440 Ramba 31,952,770 UOB 29,388,784 OCBC Bk 26,976,005 Ascendasreit56 words
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Article186 2013-07-09 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 9 5 0 0 0 2 9 5 Manufacturing 36 53 40 1 16 8 37 69 48 Commerce 13 20 16 4 5 3 17 25 19 Tpt/Stor/Comms 9 19 7186 words
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Article121 2013-07-09 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 16,114 16,114 58,351 58,351 Manufacturing 199,722 39,040 238,762 110,602 4,509 115,111 Commerce 175,419 68,601 244,020 66,574 4,350 70,924 Tpt/Stor/Comms 96,775 67,010 163,785 115,413 26,472 141,885 Finance 89,042 156 89,198 129,280 69 129,349 Construction 97,004 26,219121 words
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BROKERS’ TAKE
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Article342 2013-07-09 6 July 8 close: $1.175 CIMB Research, July 8 TAT Hong’s recent share-price weakness is reminiscent of its mid-April fall. But this time around, we believe sentiment is the cause. Its crane-rental division is still strong in all key markets, though there is some translation impact from its342 words
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Article353 2013-07-09 6 July 8 close: $1.385 OCBC Investment Research, July 8 AS part of the general sell-down in the markets, CapitaRetail China Trust’s (CRCT) unit price has fallen 25.2 per cent since the peak of $1.865 on April 11. Apart from the prospect of early tapering of quantitative easing353 words
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Article255 2013-07-09 6 KENNETH LIM - Compiled by KENNETH LIM July 8 close: $1.055 Maybank Kim Eng Research, July 8 FOLLOWING a change of analyst, we assume coverage of Neptune Orient Lines with a target price of $1.25 based on 1.1 times FY2013-14 estimated book value of equity per share (long-term average: 1.2255 words
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Article112 2013-07-09 6 Stock name Close Change CapMallsAsia 1.840 -0.035 CapitaLand 3.050 -0.010 CapitaMall 1.935 -0.035 CityDev 10.590 -0.160 ComfortDelGro 1.845 DBS Grp 15.800 -0.100 GLP 2.840 -0.040 Genting SP 1.350 -0.015 Golden Agri 0.555 -0.010 HK Land 6.690 -0.100 HPH Trust US$ 0.745 JMH 60.000 JSH 37.000 +0.200112 words
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Article, Illustration472 2013-07-09 6 CURRENCIES Bloomberg [LONDON] The Dollar Index yesterday rose to a three-year high before Federal Reserve chairman Ben S Bernanke speaks this week, amid speculation signs that US economic growth will encourage the central bank to slow stimulus. The US dollar climbed toBloomberg; PHOTO: BLOOMBERG - 472 words
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Article107 2013-07-09 6 BY CENTS CLOSE UP IS S&P500 ***** 102.6 0.5 Hyflux 6% CPS 10 ***** 50.0 0.5 STXPO 100 179 39.0 27.9 JSH 3700 25.7 0.5 UOB 5.05%NCPS 100 ***** 23.0 0.2 SGX 731 11.0 1.5 EzionHldg 225 10.0 4.7 YHS 270 8.0 3.1 Viz Branz 78 6.5 9.1 LoyzEnergy107 words
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Article128 2013-07-09 6 BY CENTS CLOSE DOWN GLD 10US$ ***** -111.6 -0.7 DBXT MSKorea 10US$ 5067 -107.7 -1.6 DBXT FTVietnam 10US$ 2205 -62.9 -2.2 DBXT MSAsExJp 10US$ 3034 -61.6 -1.6 DBXT MSJAP 10US$ 4485 -60.3 -1.0 DBXT MSTHAI 10US$ 1998 -59.0 -2.3 UOB.ES.1307 1993 -51.0 -2.5 DBXT MSINDO 10us$ 1463 -47.5 -2.5128 words
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Advertisement382 2013-07-09 7 H NEW LAUNCH ESTCOM UJfUH R r N N N N t: s s s v W ik One/ <, s£" > 1 istf l Johns (u/c; s Gallery A r EXCELLENT FUNCTIONALITY AND CONNECTIVITY Myflux Desalination Plaht (u/c) '(I,, <*****9979 The Westcom is the latest B2 ramp-up factory and382 words
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Advertisement205 2013-07-09 8 w 'O' SH>Rll:.«Mi»KWl<Hlit I. /w n r> yV i.Many people trade in stocks but how many can enter a trade with confidence and achieve profits consistently? In an increasingly uncertain and volatile investment environment, picking the right stock, entering at the right level and having the discipline to walk away205 words
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Advertisement135 2013-07-09 8 Food Services w in 2013 19 August 2013 Marina Bay Sands, Singapore Food Services in Healthcare Summit is Asia's first of its kind conference created specially for dietitians, nutritionist and professionals in the healthcare food services sector. Key distinguished speakers include w Ms Christine Lee Director of Operations, Mahkota Medical135 words
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Advertisement67 2013-07-09 8 HOT PROPERTY < ■■""Mbs TFIfl Hi m i'r^E upcoming Telon Aver Mpr ear THE SP/RE Bt Rafnl/ r reno office n,rv? atok Cres1485sf sell with f m ware hse I MM Wlth tenanc V- near CENTRAL CLARK n Serious Seller 10?iJay°ffice 2, tenantedfvacant $f LOOKING FOR WAREHOUSE THE WEST? Check67 words
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Advertisement5959 2013-07-09 9 1. 1.1 1.2 2. 3. 3,1 3,2 3,3 3,4 4. 4,1 4,2 5. 5,1 5,2 5,3 5,4 5,5 5,6 5,7 6. 6,1 ARMSTRONG INDUSTRIAL CORPORATION LIMITED AGP ASIA HOLDING PTE. LTD. (Incorporated in Singapore) (Incorporated in Singapore) Company Registration Number: *****3808K Company Registration Number: *****2063N JOINT ANNOUNCEMENT PROPOSED VOLUNTARY DELISTING5,959 words
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Advertisement285 2013-07-09 10 Best of Both Worlds THE BUSINESS TIMES 19-20° SUBSCRIBE TODAY SEPTEMBER, BBT ONLINE USCATSMCdO SMTOSA Q ft! H QM F DELIVERY V o human capital GIES I NETWORK AND BE INSPIRED AT \FOR ASIA- I ASIA'S LEADING HUMAN CAPITAL EVENT THE BUSINESS TIMES Raffles Conversation M 13 am Nati mmm285 words
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SINGAPORE NEWS
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Article, Illustration526 2013-07-09 11 SAMUEL EE - By SAMUEL EE THE Alpine Group is going upcountry and entering the Myanmar market with Chevrolet and a co-driver. The Singapore dealer for the American brand with the gold bow tie yesterday announced it has tied up with Pacific-AA Group of Myanmar526 words
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Article248 2013-07-09 11 ANNABETH LEOW - By ANNABETH LEOW SALES of new and used cars at the Singapore Press Holdings CATS Classified Car-nival on Sunday came up short compared to last year’s event. A total of 176 cars 102 new and 74 pre-owned were sold; last year, 298 cars were sold,248 words
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Article, Illustration352 2013-07-09 11 MICHELLE QUAH - By MICHELLE QUAH SHORTLY after appointing a new global chairman and chief executive officer, professional services firm EY has a new Asia-Pacific area managing partner in Steven Phan. It has appointed Mr Phan, 55, with immediate effect. Mr Phan, who was previously EY’s352 words
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Article243 2013-07-09 11 LIVIA YAP - By LIVIA YAP FOREIGN brands outrank domestic ones in a survey of brands which Singapore consumers value the most. The annual Campaign Asia-Pacific Asia’s Top 1000 Brands Report revealed that only three out of the top 20 brands are homegrown in the Singapore country survey.243 words
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Article, Illustration788 2013-07-09 11 MINDY TAN - Hoteliers ride the trend of commercial hubs coming up outside the CBD By MINDY TAN A SMALL kitchen counter is tucked away into the corner of the room, offering guests the choice of eating in. Alternatively, they may choose to eat from788 words
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Advertisement79 2013-07-09 11 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 Registration79 words
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SME Inc
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Article, Illustration619 2013-07-09 12 VICTOR KATHEYAS - Professional expertise from outsiders is often needed. ByVICTOR VICTOR KATHEYAS FAMILY businesses looking to professionalise their operations need a firm resolve to move in that direction, but it is precisely this which is often lacking because it is about ceding control over the619 words
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1214 2013-07-09 13 JOW LEE YING - Get a grip on what it means in your business to stay on the right side of the tax authorities THE VIEW FROM NTU PROFESSORS By JOW LEE YING The writer is a senior lecturer at the Division of Business Law, Nanyang Business1,214 words
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Advertisement141 2013-07-09 12 Wine Challenge 2013^ .so S’ OMETIMES, BEING Labelled Works To Your Advantage. Especially If Your Wine Finds Favour With Our Panel Of CEOs. If you are a wine producer or distributor, submit your top labels for this award and vie for recognition. 10 deserving wines will be picked by 10141 words
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Advertisement65 2013-07-09 12 HAVE an interesting story on an SME to share? Drop us a note on why you think the company should be featured in our weekly SME Inc pages, with details such as how the company has grown and its expansion plans. Send your e-mail to Felda Chay at feldac@sph.com.sg with65 words
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Advertisement226 2013-07-09 13 AIA CEB FLEXI-ELITE PROTECTION Build a better game plan for your business w 1 AIA CEB Flexl-EHte is a flexible group insurance programme with an innovative employee benefits scheme specially designed to meet the unique needs and demands of your business. Here's an overview of how AIA CEB Flexi-Elite CAN226 words
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MALAYSIA/INDONESIA
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Article, Illustration583 2013-07-09 14 S JAYASANKARAN - Govt bows to public pressure, with even Muslim lawmakers attacking proposal By S JAYASANKARAN in Kuala Lumpur BOWING to public pressure, the Malaysian government has withdrawn a controversial bill that would have given a sole parent or guardian the right to determine the583 words
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424 2013-07-09 14 CEO sees opportunities in Petronas spending Bloom berg [KUALA LUMPUR] Ranhill Energy and Resources Bhd is betting on a decade-long partnership with Australia’s largest oil and gas engineering company to help the Malaysian firm win deals as it lists here. WorleyParsons Ltd, whichBloomberg - 424 words
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Article, Illustration195 2013-07-09 14 Reuters [JAKARTA] Indonesia’s finance minister yesterday estimated that Southeast Asia’s largest economy grew 6.1 per cent in the first half of this year, down slightly from 6.2 per cent in all of 2012. Finance Minister Chatib Basri told Parliament that the budgetReuters; PHOTO: REUTERS - 195 words
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Advertisement154 2013-07-09 14 Never Hit Another -s Th wazvnurz nzu* t w* e> -i 53% to 10:44 AM Mi y ,(178%1 14:41 Guides Articles Overview Financial _V8% |U m J x J 8%B 14:43 New Cars Details CAR DETAILS BMW M Series X6 M 4.4 In (A) a i Engine Capacity: 555/- bhp/rpm154 words
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GREATER CHINA
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858 2013-07-09 15 JEFF PAO, MICHAEL JIA - SMEs to face tighter credit as banks hold off on loans to keep more cash on hand By JEFF PAO, MICHAEL JIA EJ In sight [HONG KONG] The credit crunch induced by Chinese Premier Li Keqiang at the end of last monthEJ Insight - 858 words
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337 2013-07-09 15 Reuters [BEIJING] China gave former railways minister Liu Zhijun a suspended death sentence for corruption, state media said yesterday, in a case seen as a test of President Xi Jinping’s resolve to crack down on pervasive graft. Liu got the “death penaltyReuters - 337 words
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Article, Illustration420 2013-07-09 15 Bloomberg [BEIJING] Ding Xuedong takes over as head of China’s wealth fund facing three challenges: boosting returns, finding new capital and dealing with rivalry from the manager of the nation’s foreign exchange reserves. His appointment, announced last Friday, ends months of speculationBloomberg - 420 words
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Advertisement368 2013-07-09 15 Would you like to know more about condo ownership in the heart of NYC? NEW YORK CITY AJ.I A m a 21 st CENTURY LIVING IN THE HEART OF NEW YORK Brand new ultra-contemporary condominiums in New York's East Village. 81 contemporary studio, 1, 2 and 3 bedroom apartments located368 words
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Advertisement108 2013-07-09 15 Unforeseen risk is everywhere. You can find it within an organization or throughout the global economy. That’s why more companies are turning to Certified Financial Risk Managers. Every FRM® has mastered the specialized knowledge that’s sought after by banks, consultancies, corporations, and asset management firms. No one is better qualified108 words
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INDIA
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Article, Illustration732 2013-07-09 16 Overseas funds told to prove they are not speculating on the Indian currency Bloomberg [MUMBAI] India’s central bank, concerned about the fastest growth in currencyderivatives trading in more than three years, is asking overseas funds to prove they aren’t speculating on theBloomberg; PHOTO: BLOOMBERG - 732 words
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505 2013-07-09 16 Suppliers stymied by nebulous rules, non-transparency Bloomberg [NEW DELHI] India’s aim to procure 75 per cent of its defence supplies locally in a decade is in jeopardy as companies struggle to navigate rules on manufacturing and selling weapons. Billionaire BabaBloomberg - 505 words
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Advertisement1161 2013-07-09 16 >r WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices POLLUX PROPERTIES POLLUX PROPERTIES LTD. (Incorporated in the Republic of Singapore) (Company Registration Number: *****4729G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirteenth Annual General Meeting of the Company will be held at Mandarin Orchard Singapore, Meeting1,161 words
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Advertisement1049 2013-07-09 16 HIAP TONG CORPORATION LTD. Company Registration No. *****0657N Incorporated in the Republic of Singapore NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Fifth Annual General Meeting of the Company will be held at Kallang Theatre, Orchid Room (Level 1), Stadium Walk, Singapore *****8 on Thursday, 25 July1,049 words
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ECONOMY WATCH
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861 2013-07-09 17 Top forecaster Canadian Imperial Bank of Commerce expects it to fall to 87 US cents by Dec 31 Bloomberg [SYDNEY] The top forecaster of the Australian dollar predicts a further 4 per cent slump, capping the worst annual loss since theBloomberg - 861 words
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Article, Illustration914 2013-07-09 17 Bloomberg [NEW YORK] Which continent is home to six of the world’s 10 fastest-growing economies and is projected to grow by 5 per cent in 2013, more than twice the US rate? And which one gets only one per cent of US foreignBloomberg; PHOTO: AP - 914 words
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Advertisement2353 2013-07-09 17 WATS NOTICES Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices tiaerair w TIGER AIRWAYS HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 1 February 2007) (Company Registration No. *****1866W) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at SGX2,353 words
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Page 18 / 19 Advertisements
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Advertisement1278 2013-07-09 18 / 19 CATEGORY A1 Print Single English ENTER A WHOLE NEW CREATIVE CHAPTER WITH OIK FINALISTS Now in its ninth edition, SPH iink Awards 2013 celebrates the spirit of creativity in an industry, where imagination knows no boundaries. We are proud to unveil this year’s finalists in this wonderful showcase of Big1,278 words
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Page 20 Advertisements
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Advertisement788 2013-07-09 20 JMAfT V ||f A who* i( a tv could b« mo™ than a tv? Smart Lifestyle. Smart VIERA Click to Find Out More Panasonic Smart Viera Client: Panasonic Singapore Creative Agency: Gecko Graphix International Pte Ltd Executive Creative Director: Michelle Chua Creative Director: Francis Lee Copywriter: Michelle Chua Media Agency:788 words
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WORLD
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452 2013-07-09 21 More needs to be done if certain economic targets are to be met, say debt inspectors AP [ATHENS] Greece’s debt inspectors reached an agreement with the cashstrapped country on reforms needed for the release of the next batch of bailout loans despite warning yesterday– AP - 452 words
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Article, Illustration424 2013-07-09 21 He becomes first British man to win the title since 1936 AP [LONDON] Britain awoke to a new era yesterday, into a world in which the ten-nis-loving public finally has its own Wimbledon champion once again. “After 77 years, the wait is over”, headlined theAP; PHOTO: AP - 424 words
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405 2013-07-09 21 Reuters [LONDON] The world’s main bank regulator may simplify a mass of new rules coming in for the industry, a sign that watchdogs are still grappling with how best to keep banks in check nearly five years on from the financial crisis.Reuters - 405 words
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WORLD WATCH
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108 2013-07-09 21 AP [BERLIN] Industrial production in Germany, Europe’s largest economy, was down one per cent in May compared with the previous month, the Economy Ministry said. The figure was worse than economists’ prediction of a 0.5 per cent decline. That followed a 2 perAP - 108 words
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101 2013-07-09 21 Reuters [LONDON] Britain will push ahead with its biggest privatisation in decades when it unveils plans for a £2.5 billion (S$4.8 billion) stock listing of state postal operator Royal Mail this week, Sky News reported. Business Minister Michael Fallon is expected to discloseReuters - 101 words
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87 2013-07-09 21 Bloomberg [TOKYO] Olympus Corp, the world’s biggest endoscope maker, plans to sell as much as 118 billion yen (S$1.5 billion) of shares, with almost half the funds raised going to research and development in its medical unit. The company will sell new asBloomberg - 87 words
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Article, Illustration957 2013-07-09 22 It reacts to concerns raised over selective briefings after slump in Newcrest shares Bloomberg [SYDNEY] Australia’s stock market regulator will increase scrutiny of analysts as part of a clampdown on selective briefings after questions were raised over coverage of Newcrest Mining Ltd. TheBloomberg; PHOTO: BLOOMBERG - 957 words
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490 2013-07-09 22 Top global retailers to inspect and repair garment factories AFP [DHAKA] Seventy top international retailers have pledged to improve worker safety and allow inspection of all of their garment factories in Bangladesh within nine months under a pact signed with unions after aAFP - 490 words
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Article, Illustration967 2013-07-09 22 Reuters [BERLIN] The German election is still more than two months away but for many the vote’s final chapter has already been written. Chancellor Angela Merkel, it is widely assumed, is cruising to a third victory at the polls. WhenReuters - 967 words
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590 2013-07-09 24 ANTHONY ROWLEY - Analysts say June’s 2.2% jump suggests inflationary pressures likely soon; May current account surplus up By ANTHONY ROWLEY in Tokyo IN the strongest sign yet that the Bank of Japan’s mega monetary easing policy is gaining traction, the central bank reported590 words
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Article, Illustration1027 2013-07-09 24 Some members examine only top management, board Reuters [LONDON] Five years after mismanagement brought the global financial system to the brink of collapse, a Reuters survey has revealed yawning differences in the way European Union (EU) countries assess whether bankers are up toReuters; PHOTO: AP - 1,027 words
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481 2013-07-09 24 Bloomberg [NEW YORK] Thomson Reuters Corp will suspend the early release of a consumer survey to select traders as part of an agreement with the New York AttorneyGeneral’s office, which is probing the matter, according to a person familiar with the investigation. NewBloomberg - 481 words
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355 2013-07-09 24 Reuters [LONDON] As the Federal Reserve moves closer to scaling back its monetary stimulus, central banks in the rest of the world may get another reminder this week of just how tough it is to decouple from US interest rates. GermanReuters - 355 words
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389 2013-07-09 24 Bloomberg [WASHINGTON] With few signs of ending the gridlock crushing public approval of Congress, US lawmakers return this week to confront a budgetary deficit, a loophole-riddled tax code and a Senate revamping of immigration law given little chance in the House. TheirBloomberg - 389 words
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Page 21 Advertisements
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Advertisement2422 2013-07-09 21 BIOSENSORS INTERNATIONAL BIOSENSORS INTERNATIONAL GROUP, LTD. (Incorporated in Bermuda as an exempted company limited by shares) (Company Registration Number: *****) NOTICE OF 2013 ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2013 Annual General Meeting (“AGM”) of Biosensors International Group, Ltd. (the “Company”) will be held at Royal Pavilion2,422 words
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Page 22 Advertisements
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Advertisement166 2013-07-09 22 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Small Footprint Standard Factories s. m 5 units of premium three-storey standard factories at Buroh Street (Tanjong Kling) Spacious interior with floor-to-floor height of 6m to 7m High floor-to-floor loading of 12.5kN/m 2 throughout all levels Direct doorstep loading/unloading bays that can166 words
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Page 23 Advertisements
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Advertisement4460 2013-07-09 23 8? NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Mary Chia Holdings Limited (Incorporated in the Republic of Singapore) (Registration No: *****7634N) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of Mary Chia Holdings Limited (the “Company”) will be held at SAFRA Jurong, 3334,460 words
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Page 24 Advertisements
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Advertisement144 2013-07-09 24 ■J. KATS NOTICES Ro/IOCt REFLECT GEOPHYSICAL PTE LTD (IN LIQUIDATION) LIEN *****6060Z Sale of Assets The Liquidator of Reflect Geophysical Pte Ltd (In Liquidation) (the “Company”) offers the Company's equipment for sale. The Company’s equipment consists of seismic offshore equipment and machineries (the “Equipment”) which include, but is not limited144 words
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AVIATION/SHIPPING
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Article, Illustration725 2013-07-09 25 Share price slides 6 per cent; pilot error likely cause of smash-up ASIANA CRASH AFP Reuters [SEOUL] South Korea’s No 2 airline Asiana has spent years trying to build a reputation for safety and quality but the San Francisco crash could tarnish its image, businessAFP; Reuters; PHOTO: AP - 725 words
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662 2013-07-09 25 Bloomberg [DALLAS] From mostly empty fuel tanks to a tail-first strike slowing the plane, the crash of Asiana Airlines Inc’s Flight 214 became a story of survivability instead of disaster. The odds of living through the accident increased because of passengers belted inBloomberg - 662 words
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327 2013-07-09 25 Reuters [LONDON] Both runways at London’s Heathrow airport should be extended and divided to allow simultaneous take-offs and landings and solve the hub’s capacity crunch, says a leading British think tank. The airport is Europe’s busiest and operates at around 98 per cent capacity.Reuters - 327 words
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Article242 2013-07-09 25 SGX '000 Jul 8 S$ +/-Vol CH Offshore Chuan Hup Hldg 0.25 -0.01 38 Cosco Corp 0.74 -0.01 1452 s$ Ezra Hldgs 0.96 -0.01 1482 First Ship Lea unch unch 0 Freight Links 0.09 unch 1337 Grand Banks unch unch 0 Jaya Hold Ltd 0.59 0.01 13 K1Ventures242 words
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694 2013-07-09 25 Korean company’s fuel-efficient vessels in good demand Bloomberg [SINGAPORE] Hyundai Heavy Industries, the world’s biggest shipbuilder, plans to raise prices as demand for fuel-efficient vessels helps it skirt the global supply glut hurting Chinese yards. Orders may exceed this year’sBloomberg - 694 words
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Page 25 Advertisements
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Advertisement13 2013-07-09 25 Analysts: Coldwinter tocontinue forshipping industry To subscribe, call 6388-3838 or go to sphsubscription.com.sg13 words
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Page 25 Miscellaneous
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Miscellaneous368 2013-07-09 25 CRYPTIC CROSSWORD Across 1 Fine resort on the South Coast abolishing boundaries (6) 5 Retreat from a river in feint (6) 10 Turning back, unable to move around accommodation (5) 11 Staff deserved getting soaked (9) 12 Cry coming from church by loose rocks on side of mountain (7) 13368 words
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EDITORIAL & OPINION
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474 2013-07-09 26 EDITORIAL KNOWLEDGE empowers. When that knowledge comes from massive amounts of official data made freely available, along with tools to help the user make sense of that data, you get empowerment of the people by the government: a notion that would have been considered radical474 words
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Article, Illustration804 2013-07-09 26 LEON HADAR - THE BOTTOM LINE LEON HADAR Washington Correspondent WHAT happened in Egypt was not a military coup for one simple reason: The military has not been out of power since the 1952 Revolution when it abolished the old political system. And that includes804 words
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Article, Illustration968 2013-07-09 26 HUGO DIXON - Much progress has been made but areas such as risk-taking and capital cushions remain REUTERS BREAKINGVIEWS By HUGO DIXON AFTER seven years of crisis, much progress has been made in fixing the financial system. There was, for example, a landmark European Union deal last weekPHOTO: REUTERS - 968 words
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Article, Illustration1176 2013-07-09 27 ANTHONY ROWLEY - Outcome of July 21 Upper House polls is a foregone conclusion, but can PM Abe deliver on reform and other key issues? ANTHONY ROWLEY Tokyo Correspondent According to the popular view, the result of the key election to the Upper House ofPHOTO: REUTERS - 1,176 words
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Article, Illustration948 2013-07-09 27 YOGI AGGARWAL - YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT THE long delayed Kudankulam nuclear power plant is now running the necessary tests before starting power production. With that, a closure of sorts has been reached on the agitationPHOTO: BLOOMBERG - 948 words
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Page 28 Advertisements
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Advertisement523 2013-07-09 28 The Business Times Shipping times Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) VESSEL VOY SIN NOU SUVA BUS MOTHER VESSEL NOU SUVA BUS APIA PAGO PAPEETE N’LOFA VILA SANTO TARAWA WESTPHALIA 1301E 17 Jul 28 Jul523 words
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Advertisement435 2013-07-09 28 FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION BERJAYA 1 08/13 10/07 12/07 BELITUNG/PKL BALAM SRI JAYA 8 07/13 12/07 14/07 JAMBI/PEKAN BARU FAJAR MAS 07/13 12/07 14/07 PALEMBANG/PANJANG SINOPA 11/13 IN PORT 11/07 BENGKULU/PADANG SIANIRI 10/13 12/07 14/07 BELAWAN/LHOKSEUMAWE CARAKA JN332 06/13 15/07 17/07435 words
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Advertisement443 2013-07-09 28 WALLENIUS WILHELMSEN LOGISTICS Tel: (65) 6379 5066 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com website: http://www.2wglobal.com AUSTRALIA NEW ZEALAND TO ASIA VESSEL VOY AKL BNE PKL MEL FRE SIN TAMESIS FF326 19/06 24/06 28/06 03/07 09/07 TONSBERG FF327 24/06 28/06 01/07 03/07 10/07 15/07 TAMPA CF321 01/07 05/07 09/07 15/07 20/07443 words
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SINGAPORE STOCKS
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Article2879 2013-07-09 29 Transaction date: Jul 8 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 15 11.4 8Telecom Vol Day Last Quote Div Gr Yld Net 188 106 AIMSAMPIReit.............................158.5 -4 870 161 158.5 158 159.52,879 words
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Article208 2013-07-09 30 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale ('000) High Low Buyer Seller C’vr P/E Smil 19.8208 words
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Article11210 2013-07-09 30 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FunaCI A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.08/ Aberdeen Asset Mgt Asia Limited Global Emerging Markets!** EM local Cty Bond 0 9443/ European Opportunities!" 1 1765/ Global Emerging Markets!” Global Opportunities/” 1.8333/ Global Emerging11,210 words
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Article249 2013-07-09 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 52 31 Genting HK US$ US44.5 unch 2546 44.5 44 44 44.5 2930.1 Last 260 191 TanChongInt HK227 +9 1284 231 225 227 230 4.3 3.1249 words
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Article922 2013-07-09 30 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 127.7 129.4 130.3 114.4 99 CIMB APAC Div 100US$ US99.2 100.4 101.2 10.4922 words
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Page 29 Advertisements
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Advertisement123 2013-07-09 29 f# WELCOME TOIS TEL. +65 6732 6347 BREITLING.COM I BREITLING INSTRUMENTS FOR PROFESSIONALS™ At the heart of the most extreme missions are the exceptional pilots who experience daring feats on a daily basis and are prepared to entrust their security only to the most high-performing instruments. At the heart of123 words
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FINANCE & COMMODITIES
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Article631 2013-07-09 31 Jul 8 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.07 *****.65 *****.34 Sep13 *****.00 *****.00 *****.00 *****.00 ***** *****0 Dec13 *****.00 *****.00 *****.00 *****.00 4 ***** MSCI TAIWAN INDEX FUTURES SPOT 285.18 285.43 280.80 Jul13 284.00 285.30 278.10 279.00 ***** *****3 Aug13 281.70631 words
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373 2013-07-09 31 In local curr In S$ In US$ dy yr dy yr dy yr Jul 5 Index Change Change Change Change Change Change World Preliminary 1048.3 0.0 11.7 0.4 13.1 -0.4 7.8 EAFE Preliminary 860.7 -0.2 11.1 -0.3 7.7 -1.1 2.7 Europe Preliminary 1207.3 -1.1 5.2373 words
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Article471 2013-07-09 31 Jul 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.958 5.559 0.706 7.027 55.212 90.230 0.917 10.436 2.909 1.171 90.638 39.626 1.163 9.297 0.874 27.311 28.526 0.609 0.906 Canada 1.044 5.806471 words
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Article66 2013-07-09 31 Jul 8 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid66 words
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Article138 2013-07-09 31 Jul 8 GOLD(US$/oz) Jul 08 Jul 05 Hong Kong 1237.20 1250.90 Jul 05 Jul 04 London 1214.50 1247.49 1215.25 1249.71 Source: Thomson Reuters CAST BAR Jul 08 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 114 50 5gm 322 252 10gm 576 504138 words
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Article90 2013-07-09 31 Jul 8 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 19-Sep-13 0.26 6-Month BS*****X 10-Jan-14 0.3 1-Year BY*****H 02-May-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 100.06 5-Year N*****0T 0.5 01-Apr-18 97.290 words
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Article56 2013-07-09 31 Jul 8 Jul 8 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 13 2369.0 60 753 Aug 13 2390.0 2378.0 2395.0 2368.0 1741 ***** Sep 13 2390.0 2376.0 2395.0 2365.0 ***** ***** Oct 13 2385.0 2369.0 2388.056 words
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Article155 2013-07-09 31 Jul 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1621 1.1634 0.9060 0.9063 Canadian dollar 1.2136 1.2150 0.9465 0.9462 Euro 1.6462 1.6476 1.2834 1.2835 NZ dollar 0.9920 0.9935 0.7734 0.7739 Sterling pound 1.9094 1.9113 1.4886 1.4889155 words
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Article111 2013-07-09 31 Jul 5 Jul 5 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 13 1588.00 1583.50 1595.00 1584.75 Aug 13 1432.00 1441.25 1443.25 1431.75 Sep 13 1276.25 1297.50 1297.25 1274.50 Nov 13 1228.25 1250.75 1251.50 1227.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low111 words
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Article95 2013-07-09 31 Jul 5 COCOA (£/tonne) Close Prev High Low Jul 13 1504 1510 1525 1495 Sep 13 1526 1532 1547 1515 Dec 13 1526 1535 1546 1515 Mar 14 1520 1525 1538 1510 COFFEE(US$/tonne) Close Prev High Low Jul 13 1787 1790 1800 1797 Sep 13 1809 1820 1826 180495 words
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893 2013-07-09 31 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv Acma Ltd. W*****6 Exer Albedo Limited W*****9 Prem Disc Asiatravel.com HoldingsW*****7 0.2 1 25 12 Asiatravel.com HoldingsW*****5 0.5 1 27 36 ing Left Biosensors MB eCW*****2 0.4893 words
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Article70 2013-07-09 31 CRUDE OIL PRODUCTS Jul 05 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 106.38 1.68 WTI (Near Mth) 103.12 2.06 Dubai (1-Mth F) 101.38 0.39 Tapis blend 110.73 0.47 Minas 106.28 0.47 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 96.67 0.95 Jet Kerosene 119.42 0.39 US$/barrel OpecOil Basket70 words
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Article22 2013-07-09 31 Jul 8 S$ Bid Offer 1-month 1.2826 1.2836 2-months 1.2826 1.2838 3-months 1.2827 1.2839 6-months 1.2827 1.2841 Source: OCBC22 words
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Article65 2013-07-09 31 Jul-05 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1723.75 1767.75 3 months 1768.00 1812.00 Copper, Grade A(US$/tonne) Cash 6782.50 6954.50 3 months 6789.00 6950.00 Lead(US$/tonne) Cash 2018.00 2065.25 3 months 2030.00 2074.00 Nickel (US$/tonne) Cash *****.00 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.0065 words
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Article121 2013-07-09 31 As at 9am Jul 08 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.187 1.131 Can dollar 1.234 1.187 Euro 1.681 1.601 Sterling pound 1.942 1.868 NZ dollar 1.012 0.974 US dollar 1.308 1.246 Local dollars to 100 units of foreign121 words
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Article157 2013-07-09 31 Jul 8 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ 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 0.55 0.35 9 months 0.70 0.50 12157 words
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PROPERTY
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Article, Illustration1501 2013-07-09 32 Its finance firm reaches out to those seeking to grow in the industry for single-family rental homes Bloomberg [NEW YORK] Blackstone Group LP, the private-equity firm that has spent US$5 billion on more than 30,000 distressed houses, is preparing to expandBloomberg; PHOTO: BLOOMBERG - 1,501 words
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728 2013-07-09 32 Bloomberg [LONDON] Commercial property investors, stung by a 37 per cent drop in values in the past six years, are increasingly reluctant to take on more debt even as UK lenders make additional credit available after prices stopped falling. Demand forBloomberg - 728 words
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Article, Illustration668 2013-07-09 33 ONG CHOR HAO - Rents of highest grade space in new buildings rise for first time in 2 years By ONG CHOR HAO PREMIUM-GRADE office rents rose for the first time in nearly two years in the second quarter, on the back of tenants moving to newer,668 words
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452 2013-07-09 33 Bloomberg [NEW YORK] The US office market recovery struggled to accelerate in the second quarter as occupancy gains stalled and rent growth slowed, Reis Inc said. Eff ec t i ve r e n t s o r what’s paid afterBloomberg - 452 words
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257 2013-07-09 33 MINDY TAN - By MINDY TAN ECOPOLITAN has been subscribed by two times, making it the executive condominium (EC) to receive the highest number of applications this year. The 512-unit EC by Qingjian Realty (South Pacific) attracted more than 1,000 applications over the last 10 days,257 words
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364 2013-07-09 33 Bloomberg [SHANGHAI] Ping An Insurance Group Co, China’s second-largest life insurer, has agreed to buy the Lloyd’s of London building from a Commerz Real AGmanaged fund, two people with knowledge of the transaction said. A Chinese insurer is purchasing theBloomberg - 364 words
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Page 32 Advertisements
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Advertisement168 2013-07-09 32 SPRINGLEAF TOWER Strata Office Floor For Sale III *m3s 5ii mi is m I nt: idQ* f' 4-sa t i*aS "I! wj? Prime CBD location Grand and prestigious triple height entrance lobby Good views Direct underground access to Tanjong Pagar MRT Station Ideal for end users Very high quality office168 words
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Advertisement59 2013-07-09 32 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 Debenham59 words
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Advertisement237 2013-07-09 32 THE OCTAGON Knight 105 Cecil street Frank Premium Strata Office Investment Opportunity Freehold Area 6,189 sq ft Ideal for end-users Walking distance to Raffles Place MRT and upcoming Telok Ayer MRT For enquiries, please call KAREN WAN CEA Reg No,, R*****1F 9772 8042 ANDY NG CEA Reg No.: R*****9B 9790237 words
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Page 33 Advertisements
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Advertisement125 2013-07-09 33 UNIQUE OPPORTUNITY BESPOKE BOUTIQUE HOTEL FOR TAKEOVER OR OUTRIGHT SALE ME ■fcfVr IH An outstanding heritage hotel with a one-of-a-kind facade. Building dating from 1920's. Fully equipped/Designer Decor Conservation/Upmarket/near 3 MRTs/ Zoned for Hotel Use/Fully Commercial I Foreigners Can Buy! No additional Stamp Duty No Capital GainsTax on resale ia125 words
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Advertisement260 2013-07-09 33 ill Sal Sal II !Sli Si ii IS r\ Low Choon Sin (CEA Reg No. R*****5H) 9841 0006 SAMSUNG HUB High Floor Prime CBD Office 999-year land tenure Strata Area: Approx. 13,132 sq ft (6 strata titles) 100% tenanted. Immediate rental income. Column free layout for design flexibility Foreigners eligible260 words
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Advertisement79 2013-07-09 33 For Sale By Tender GUANG MING INDUSTRIAL BUILDING 65 Upper Paya Lebar Road Freehold Redevelopment Industrial Site in the Paya Lebar/Tai Seng Commercial Hub Suitable for Corporate Headquarter Adjacent to Tai Seng MRT (Circleline 11) Site Area 1,838.5 sq m (19,789 sq ft) Master Plan Zoning (2008) Industrial B1 (White)79 words
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Page 34 Advertisements
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Advertisement1305 2013-07-09 34 advertisement Office Expo Asia (OEA) 2013 is Singapore's only dedicated office solutions and business event aimed at meeting the ambitions of the corporate business domain. Encompassing office automation and equipment, supplies and services, enterprise solutions, as well as workspace planning and design, OEA, organised by BizLink Exhibition Services Pte Ltd,1,305 words
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