The Business Times, 17 July 2013

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

Microfilm: NL32656
Total Pages: 32
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Wednesday, July 17, 2013
    25 words
  • Article
    Lock icon MAS dispels fears over bank strength
    758 1  -  Local banks have the highest credit ratings globally, it says, and sufficient buffers in place to cope with an upturn in interest rates By SIOW LI SEN [SINGAPORE] The Monetary Authority of Singapore (MAS) says the local banks are not at risk and regular
    758 words
  • Article
    Lock icon Property agents go hunting for fresh income in ‘cool’ climate
    847 1  -  They eye commercial and overseas sales as home sector cools By MINDY TAN [SINGAPORE] Even as home buyers and investors feel the chill from the recent rounds of cooling measures, property agents are diversifying their income streams and revving up
    847 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,224.96 (-11.86) HST INDEX FUTURES 3,218.00 (-12.00) HSIMSCI 365.39 (-0.51) HSIMSCI FUTURES 364.00 (-1.10) US$ S$ US$ (S$ per US$) 1.262 (US$/S$ per 1.509 1.904 EURO (US$/S$/€ 1.307 1.649 Foreign currency per US$ S$ YEN 99.60 78.90 RM 3.189 2.527 HK$ 7.757 6.148 BAHT 31.08 24.63 RUPIAH
      65 words
    • Article
      Lock icon MARKETS
      48 1 Tuesday Change KL COMP 1,786.39 -0.28 NIKKEI 225 14,599.12 +92.87 HANG SENG 21,312.38 +9.07 SET INDEX 1,451.45 -3.95 JAKARTA COMP 4,644.04 +8.31 MANILA COMP 6,583.55 -36.40 SEOUL COMP 1,866.36 -8.80 SHENZHEN B 788.69 +2.95 MUMBAI IND 19,851.23 -183.25 12noon EDT Change DOW 15,442.72 -41.54 NASDAQ 3,591.73 -15.76
      48 words
    • Article
      Lock icon PRIME RATES
      17 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 13.294 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
      17 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      202 1 BUSINESS, SCIENCE PARKS Demand stable, rents unchanged PAGE 10 EXECUTIVE MONEY The appeal of high-dividend stocks PAGE 32 SPECIAL FOCUS Top 100 brands; trends for the future PAGES 21 24 COMPANIES Low expectations for Q2 earnings season PAGE 4 Ill SEVEN PALMS SENTOSA COVE v—*^-'-0 Nfl pA4t]O0if iUjUAVi/i A carefree
      202 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      18 1 How is UOB’s latest offer of Basel III-compliant tier-one paper different from existing bonds? Full report at www.btinvest.com.sg
      18 words
Page thumbnail Page 2
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      231 3 %^SING> SINGAPORE ENJOY EARLY BIRD SAVINGS OF S$800 BY REGISTERING BEFORE 31 JULY! HUMAN CAPITAL SUMMIT PEOPLE STRATEGIES FOR ASIA FUTURE-PROOFING YOUR ORGANISATION RESORTS WORLD SENTOSA, SINGAPORE 11 -12 SEPT 2013 Join us at Asia's premier human capital and leadership conference Back for its sixth year, the 2013 Singapore Human
      231 words
    • Advertisement
      Lock icon Page 3 Advertisements Column 2
      170 3 FT j Business School financial I Ranking 2012 WORLDWIDE FOR EXECUTIVE EDUCATION (open enrollment programs) L BUSINESS SCHOOL EXECUTIVE EDUCATION Equip your mind. Extend your vision. Embrace the future. Discover an innovative range of Executive Workshops offered at ESSEC Asia-Pacific Business Model Service Innovation Global Supply Chain Management Halal Business
      170 words
Page thumbnail Page 4
  • COMPANY NEWS
    • Article, Illustration
      Lock icon Low expectations for Q2 earnings season
      735 4  -  Rising interest rates loom large while biggest sectors lack strong growth By CAI HAOXIANG SINGAPORE enters its sec-ond-quarter earnings season this week with low expectations and the spectre of rising interest rates haunting property players and banks. “Singapore’s largest sectors seem to be lacking
      ST FILE PHOTO  -  735 words
    • Article
      Lock icon SingHaiyi set to spread its wings in the US
      751 4  -  HOCK LOCK SIEW By VEN SREENIVASAN WHEN a second division soccer team wants to quickly elevate itself to the premier league, it will have to do two things. First, get a rich owner who brings the cash and resources to acquire
      751 words
    • Article, Illustration
      Lock icon M1’s Q2 net profit up 11.2% at $39.2m
      570 4  -  By KELLY TAY M1’S net profit rose 11.2 per cent year-on-year, from $35.2 million to $39.2 million, for the second quarter ended June 30, 2013. Thanks to higher service revenue which grew 8.9 per cent year-on-year to $207.3 million operating revenue for
      570 words
    • Article
      Lock icon UOB issues Asia’s first Basel IIIcompliant bond
      648 7  -  Its $850m securities with loss-absorbing feature are 2.35 times subscribed By SIOW LI SEN UNITED Overseas Bank (UOB) has successfully sold a new bank debt with a loss absorption feature, in compliance with stricter Basel III rules on capital, the first Asian bank
      648 words
    • Article, Illustration
      Lock icon A-Reit posts DPU of 3.55 cents in Q1
      458 7  -  By MINDY TAN ASCENDAS Real Estate Investment Trust (A-Reit) posted a distribution per unit of 3.55 cents for the first quarter ended June, up 0.6 per cent from 3.53 cents in the same year-ago period. Amount available for distribution rose 11.3 per
      458 words
    • Article, Illustration
      Lock icon See Hup Seng unit officers may quit in support of chairman
      439 7  -  By ONG CHOR HAO KEY executives of TAT Petroleum, a wholly owned subsidiary of mainboardlisted See Hup Seng, have threatened to quit the unit if their chairman Jimmy Tan is ousted as managing director of See Hup Seng at
      ST FILE PHOTO  -  439 words
    • Article, Illustration
      Lock icon India’s ‘bottling king’ eyes F&B chain in S’pore
      764 8  -  Jaipuria is already setting up a cord blood stem cell bank here with AsiaMedic By NISHA RAMCHANDANI INDIAN billionaire Ravi Jaipuria, who is setting up a cord blood stem cell banking centre in Singapore with Catalist-listed AsiaMedic, is now eyeing a slice
      FILE PHOTO  -  764 words
    • Article
      Lock icon UniFiber to acquire coal miner in RTO deal
      375 8  -  The deal with DSS involves acquisition of Gems for 1.88b By TEO SI JIA UNITED Fiber System has gone forward with its plan to acquire coal miner PT Golden Energy Mines (Gems) for $1.88 billion in a reverse takeover deal with PT
      375 words
    • COMPANY BRIEFS
      • Article
        Lock icon TT auditors qualify opinion
        70 8 AUDITORS of TT International have qualified their opinion on the consumer electronics trader’s ability to continue as a going concern amid ongoing restructuring efforts under a court-approved scheme of arrangement. TT posted a net loss of $3.8 million for the year ended March 31, and had
        70 words
      • Article
        Lock icon Mencast to explore Oman projects
        96 8 LOCAL oil and gas engineering firm Mencast Holdings said yesterday that its subsidiary Mencast Energy has entered into a non-binding Memorandum of Understanding with Oman's Takamul Investment Company to co-operate in analysing downstream ventures there. The first potential project being examined under the MOU is
        96 words
      • Article
        Lock icon Interra completes well drilling
        65 8 UPSTREAM oil and gas company Interra Resources said that its jointly controlled entity, Goldpetrol Joint Operating Company, has completed drilling the YNG 3255 well in the Yenangyaung oil field in Myanmar. The well is producing 75 barrels of oil a day. YNG 3255 is the sixth
        65 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      159 4 SM Ufi i 4b A I (Tt m. mjjnmiiiA, w v-*% -i T/ .i-jc Ok ,<J Make an impression Planning your events should never be an arduous task. At Resorts World™ Sentosa, we have a wide variety of unique venues to choose from and a dedicated team of event specialists
      159 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      368 5 A PRIVATE VIEW m i mam !trzik **i *(SB ►m la 1 r. THE CHILTERNS LONDON W 1 Just occasionally an opportunity comes along that is simply too good to miss. The Chilterns, located in the heart of London is one of those. Location, architecture, interior design. A development that
      368 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Lull as market waits for Bernanke
      603 6  -  With the Fed chief speaking in the next two days, dealers turn to penny stocks to get things moving STOCKS R SIVANITHY Senior Correspondent THE majority of market players yesterday remained resolutely on the sidelines ahead of US Federal Reserve chairman Ben Bernanke’s potentially
      Source: Bloomberg  -  603 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 6 Jul 16 VALUE CLOSE BT OB/OS 233.00 -167.00 BT CADI -*****.00 +20.00 BT 10-day MA -*****.00 +23.00 FTSE ST Mid Cap 760.89 -2.33 FTSE ST Small Cap 576.39 +1.52 FTSE ST All Share 789.70 -2.48 FTSE ST China Top 199.26 -0.47 FTSE ST China 229.49 -0.95 FTSE
      73 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 3 5 0 0 0 6 3 5 Manufacturing 58 39 39 14 4 6 72 43 45 Commerce 22 20 19 7 0 5 29 20 24 Tpt/Stor/Comms 13 13 11
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Residential developers
        394 6 OCBC Investment Research, July 16 A HEADLINE total of 2,119 new private homes (including 313 EC units) were sold last month, up 11 per cent month-on-month (m-o-m) and 23 per cent y-o-y. Excluding EC and landed-units, 1,795 units were sold in the month, up 25 per cent m-o-m
        Source: Bloomberg  -  394 words
      • Article
        Lock icon Offshore and Marine
        517 6  -  Compiled by Kenneth Lim Maybank Kim Eng Research, July 16 Recent industry developments reinforce our positive views on Singapore rigbuilders. Central to our argument is that Chinese and Korean competition would not bring down average rig prices and lead to future margin decline. We see stable earnings
        517 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 27,963 27,963 54,275 54,275 Manufacturing 466,401 208,406 674,807 164,605 8,670 173,275 Commerce 560,414 158,418 718,832 92,696 15,622 108,318 Tpt/Stor/Comms 60,471 30,217 90,688 89,772 11,616 101,388 Finance 633,916 298 634,214 190,384 133 190,517 Construction 166,872 40,988
      123 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      116 6 Stock name Close Change CapMallsAsia 1.960 +0.015 CapitaLand 3.180 -0.010 CapitaMall 2.010 CityDev 10.85 +0.050 ComfortDelGro 1.935 +0.010 DBS Grp 16.44 -0.050 GLP 2.900 -0.010 Genting SP 1.345 -0.005 Golden Agri 0.550 +0.005 HK Land 6.690 -0.080 HPH Trust US$ 0.775 +0.005 JMH 59.01 -0.490 JSH
      116 words
    • Article, Illustration
      Lock icon Rupee leads Asian FX gains, hits 2-week high
      506 6 CURRENCIES Reuters [SINGAPORE] The Indian rupee hit a two-week high on central bank moves for stabilisation, leading gains among emerging Asian currencies yesterday as softer US retail sales growth supported hopes for sustained Federal Reserve stimulus. The embattled rupee rose 0.8 per
      Reuters; PHOTO: AFP  -  506 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 6 VOLUME Innopac 622,229,000 Oceanus 298,399,000 KLW Hldgs 151,288,000 WE Hldgs 140,067,000 Aussino 114,030,000 Magnus 110,347,000 IPCO Intl 107,047,000 Contel 98,557,000 Mirach Energy 88,868,000 Ntegrator 75,236,000 VALUE($) Innopac 85,042,184 SembMar 43,202,630 Keppel Corp 39,164,360 SingTel 38,891,270 Mirach Energy 37,812,600 OCBC Bk 36,627,314 DBS Grp 35,759,414 UOB 22,828,590 Genting
      56 words
    • Article
      Lock icon RISES
      108 6 BY CENTS CLOSE UP IS S&P500 ***** 133.7 0.6 GLD 10US$ ***** 32.8 0.2 Lyxor LatinAmerica 1 635 30.3 3.9 UOB 5.05%NCPS 100 ***** 30.0 0.3 Jardine C&C 4155 25.0 0.6 DBXT MSBrazil 10US$ 441 21.5 4.0 Lyxor MS India 10US$ 1306 12.6 0.8 CIMBAsean40 100US$ 1090 11.4 0.8
      108 words
    • Article
      Lock icon FALLS
      125 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ ***** -104.7 -0.8 JSH 3582 -92.1 -2.0 JMH 5901 -61.8 -0.8 DBXT iBoxxIDR 10US$ 1097 -41.6 -2.9 DBXT FTChina25 10US$ 2610 -40.4 -1.2 Great Eastern 1755 -25.0 -1.4 DBXT MSTHAI 10US$ 2070 -24.0 -0.9 DBS Bk 4.7% NCPS 100 ***** -20.0 -0.2
      125 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
      5 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      115 7 Net Profit US$1.3 billion up by 15.1% on June 2012 1.3 1.1 1.0 Q 0.7 CO 0.6 p 0.5 June 2009 June 2010 June 2011 June 2013 June 2008 June 2012 ®QNB Total Assets US$118.5 billion up by 30.4% on June 2012 118 90 72 -Q Q 51 CO p
      115 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      589 8 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 and Credit (Pi g Claimable FULL-DAY
      589 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      1656 9 A Special Feature Brought to You By Singapore Management University The economics of ageing Moving away from simplistic models of a greying population is the first step in unlocking the true potential of a dynamic workforce But what worries individuals, naturally, are questions such as whether they will continue to
      1,656 words
Page thumbnail Page 10
  • SINGAPORE NEWS
    • Article
      Lock icon Setiadi seeks dismissal of defendants’ claims
      793 10  -  By GRACE LEONG TRIAL proceedings began yesterday of fraud claims brought by an Indonesian securities brokerage over an alleged misappropriation of US$7 million from its account with UOB Kay Hian in Singapore. PT Citi Pacific Securities accused its associate Michelle Lucia Piong and her
      793 words
    • Article
      Lock icon The Quinn to get July launch; Lush Acres 1.6 times subscribed
      333 10  -  By MINDY TAN TOP Global intends to launch The Quinn, a freehold residential development along Bartley Road, at the end of July. Comprising 139 units spread over four five-storey blocks, the development has apartments ranging from one-bedroom units (starting
      333 words
    • Article
      Lock icon Business park demand stable, rents unchanged
      490 10  -  Firm pipeline of future supply expected to curtail rises in rentals By ANNABETH LEOW DEMAND for business and science park spaces in Singapore remained stable in the second quarter, with a marginal drop in vacancy rate to 6.2 per cent, from 6.3 per cent
      490 words
    • Article
      Lock icon First footwear design centre opens
      323 10  -  By ANNABETH LEOW SHOES aren’t exactly what comes to mind in the branding of Singapore as a fashion hub, but the newly opened Bronx Creative Design Centre (BDC) in Tai Seng might change that. South-east Asia’s first footwear design centre is the brainchild of local
      323 words
    • Article
      Lock icon Singapore insurers’ top concern: war for talent
      356 10  -  By NG ZHUO YANG HUMAN resources and quality of management have been ranked the top two concerns among insurers in Singapore, reflecting the intensity of the competition for talent in the local market. This is according to the latest Insurance Banana Skins biennial
      356 words
    • Article
      Lock icon NTU launches MBA Business Advisory Council
      289 10  -  By NG ZHUO YANG NANYANG Technological University’s Nanyang Business School has launched a Business Advisory Council to sharpen the graduate programme’s focus on industry practice and to enhance career opportunities for its students. Comprising 10 leaders from global corporations, regional enterprises, in-ter-governmental organisations and
      289 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      96 10 “A/v epoeMevti disi akHoujs kcfuis uJii£ c/r&ltv cud raised produce. Julien Royer, Chef cle Cuisine ARTISANAL CUISINE, A WAY OF LIFE. Embrace Summer with a seasonal menu flourished with bountiful harvests. JAAN was ranked 22 nd and awarded the "One to Watch" by S. Pellegrino's Asia's 50 Best Restaurants 2013.
      96 words
Page thumbnail Page 11
  • MALAYSIA/INDONESIA
    • Article
      Lock icon AMMB is top M’sian sukuk underwriter
      542 11 CIMB is placed second and RHB third in underwriter rankings this year Bloomberg [KUALA LUMPUR] AMMB Holdings overtook CIMB Group Holdings as the top underwriter for Malaysian sukuk this year after being the sole arranger of 2013’s biggest deal. The lender’s market share rose
      Bloomberg  -  542 words
    • Article, Illustration
      Lock icon AG against new preventive detention law
      433 11  -  By S JAYASANKARAN in Kuala Lumpur IN a surprising assertion of independence, Malaysia’s attorney-general said yesterday that he would never support new laws that included preventive detention. Last week, Home Minister Zahid Hamidi disclosed that a new set of laws had been drafted to
      PHOTO: NSTP  -  433 words
    • Article
      Lock icon Cash is king in Malaysia: Manulife
      238 11 [KUALA LUMPUR] The latest Manulife Investor Sentiment Index in Asia (Manulife ISI) shows that cash is king among Malaysians. The survey also showed that Malaysia remains the second most optimistic country in Asia despite a modest decline since the last survey in March this
      238 words
    • Article
      Lock icon Higher rates will help Indonesia maintain banking stability: Fitch
      351 11 [JAKARTA] Bank Indonesia’s decision to raise its benchmark interest rate by 50 basis points to 6.5 per cent last week will help maintain the country’s banking stability and slow lending amid weak economic growth this year, Fitch Ratings says. “Higher rates
      351 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      53 11 Whereveryouare Motoring stories What I write: on Saturday News reports Analyses If you’re on the go, I’ll keep you in the know. Christopher Tan, Senior Transport Correspondent, Home Wherever you are, we’re there too; bringing you reports whenever you want them, on: www.straitstimes.com www.facebook.com/TheStraitsTimes Twitter: @stcom www.youtube.com/StraitsTimesonline To subscribe, please
      53 words
Page thumbnail Page 12
  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon India raises rates, tightens liquidity
      588 12 RBI to conduct open market sales of government bonds worth 120b rupees Bloomberg [NEW DELHI] India stepped up efforts to help the rupee after its plunge to a record low, raising two interest rates in a move that escalates a tightening in liquidity across most
      Bloomberg; PHOTO: AP  -  588 words
    • Article
      Lock icon Design a suffrage system that matches city’s needs, China tells HK
      237 12 Bloomberg [HONG KONG] China will work with Hong Kong to implement universal suffrage suitable for the city in 2017, its top official in the former British colony told lawmakers amid rising calls for electoral reforms. “The central government’s stance
      Bloomberg  -  237 words
    • Article
      Lock icon Tata seeks to avoid fines on US$2.3b loans
      361 12 Bloomb erg [MUMBAI] Tata Power, India’s third-most indebted generator, is negotiating with lenders to avoid penalties after it failed to meet conditions on US$2.3 billion of loans taken to build its largest plant. The company was in violation of loan covenants as
      Bloomberg  -  361 words
    • Article
      Lock icon China adds 7.25m jobs in H1; job market looks stable
      226 12 Reuters [BEIJING] China added 7.25 million jobs in the first half of this year, slightly higher than the number created in the same period a year earlier, and the job market remains stable, the official Xinhua news agency said yesterday.
      Reuters  -  226 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      305 12 ri* -r-W HfsvS rtf fj* w ft J L". I w m > y9 -TK I-*- i 1 w: •r. ww. u S* >s S gj STPROPERTY SEMINAR OPPORTUNITIES OUTLOOK OF THE PROPERTY MARKET IN 04 2013 U) SB More efforts are being made to curb growth in the property
      305 words
Page thumbnail Page 13
  • ECONOMY WATCH
    • Article
      Lock icon RBA leaves room for further rate cut
      350 13 Economic growth was at below-trend pace: central bank AFP [SYDNEY] Australia’s central bank yesterday said that there could be room for a further interest rate cut, despite the cash rate sitting at its lowest level since the bank’s 1959 establishment. Minutes of the
      AFP  -  350 words
    • Article
      Lock icon NZ wealth gap stable as median income rises: govt
      480 13 Xinhua [WELLINGTON] The New Zealand government claimed yesterday that the country’s wealth gap had stabilised with a 2.3 per cent rise in the median household income in 2011. Social Development Minister Paula Bennett said the Ministry of Social Development’s Household Incomes
      Xinhua  -  480 words
    • Article, Illustration
      Lock icon Canberra to scrap carbon tax, bring forward ETS
      597 13 ETS, a floating carbon price, will be linked to European carbon market Reuters [CANBERRA] Australia’s government moved yesterday to scrap its carbon tax and bring forward an emissions trading scheme in a policy shift to win over voters, angry over rising power
      Reuters  -  597 words
    • Article, Illustration
      Lock icon Silver shoplifters steal rice as Abe cuts welfare in Japan
      1032 13 Bloomberg [TOKYO] Fumio Kageyama was 67 when he first turned to crime, making an unsuccessful attempt to rob a drunk passenger on a train in March 2008. Given a suspended jail sentence, Kageyama was caught two months later stealing a
      Bloomberg; PHOTO: BLOOMBERG  -  1,032 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      20 13 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices W AT3 NOTICES 6/u.aid/vio
      20 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      80 13 He^hCareESp&^iP^ 19-21 August 2013 Marina Bay Sands, Singapore An event that gathers Singapore's healthcare clusters Biometric Experience Medical Technology Medical Equipment Supplies system mHealthTeleHealth rehabilitation Kitchen Equipment erm Healthcare Orthopaedic Operation hlshuman resource Patient Record System safetypharmaceutical Innovation SUPPLY CHAIN facilities management Data Storage DRUGS RFID,Advancing Asia's Heartbeat Limited booth
      80 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 3
      22 13 Into its 10thedition Participate In Singapore’s MEGA WORLD FOOD FAIR SINGAPORE EXPO HALL 4 5th 8th Sept 2013 *****620 or Email: sales@exhibitsinc.com.sg
      22 words
Page thumbnail Page 14
  • WORLD
    • Article, Illustration
      Lock icon Regions’ refusal to toe govt line stalls Spain’s reforms
      729 14 Semi-autonomous regions fear loss of revenue, challenge Madrid’s rules Bloomberg [MADRID] Spain’s 17 semi-autonomous regions are hobbling Prime Minister Mariano Rajoy’s efforts to drag the euro region’s fourth-largest economy out of a six-year slump. Mr Rajoy’s government is struggling to implement
      Bloomberg  -  729 words
    • Article
      Lock icon Seoul points finger at North for last month’s cyberattacks
      421 14 AP [SEOUL] North Korea is to blame for last month’s cyberattacks on the websites of South Korean media companies and the president and prime minister’s offices, a South Korean investigation concluded yesterday. South Korea’s ministry of science said that it was
      AP  -  421 words
    • Article, Illustration
      Lock icon LONDON’S HOT
      67 14 [LONDON] Children cooling off in a fountain on the south bank of the River Thames. London is basking in a heat wave with sunshine and blue skies every day. Temperatures reached 32 degrees Celsius yesterday, up from 28 degrees Celsius on Monday. And weather forecasters say the hot
      AP  -  67 words
    • Article
      Lock icon Events lined up for Mandela’s birthday tomorrow
      553 14 As he fights for life, his relatives fight among themselves AFP [JOHANNESBURG] Global celebrations and charity events will mark Nelson Mandela’s 95th birthday tomorrow, but the critically ill anti-apartheid hero himself may still be confined to his Pretoria hospital bed on life-support. Volunteers
      AFP  -  553 words
    • Article
      Lock icon Greek workers on strike ahead of reform vote
      526 14 Flights disrupted as aviation unions join in show of solidarity Reuters [ATHENS] Trains ground to a halt and hospitals worked with emergency staff as Greek workers went on strike yesterday in protest at government plans to fire thousands of public sector employees.
      Reuters  -  526 words
    • Article
      Lock icon Investor interest returning to Spain, Italy commercial properties
      707 14 Yields for Madrid, Milan prime offices beat yields in Frankfurt, London Bloomberg [BERLIN] Europe’s biggest real estate managers are making their first investments in southern Europe since the financial crisis as low prices and diminishing risk make commercial properties more attractive. Axa
      Bloomberg  -  707 words
    • Article
      Lock icon UK agencies look into probe of oil price benchmark
      496 15 Bloom berg [LONDON] A second UK agency said it’s considering a criminal probe into oil-price manipulation as European Union officials conduct a civil investigation into industry benchmarks. The Office of Fair Trading is liaising with UK agencies including the Serious Fraud
      Bloomberg  -  496 words
    • Article
      Lock icon June consumer prices up the most in four months
      415 15 LATEST US DATA Bloomberg [WASHINGTON] The cost of living in the US rose last month by the most in four months as petrol prices increased, a sign inflation is advancing towards the Federal Reserve’s goal of 2 per cent. The consumer
      Bloomberg  -  415 words
    • Article
      Lock icon Goldman Q2 profit doubles to US$1.9b
      377 15 Bloomberg [NEW YORK] Goldman Sachs Group, the world’s most profitable securities firm before the financial crisis, said earnings doubled, beating analysts’ estimates on a jump in trading and investment-banking revenue. Second-quarter net income rose to US$1.93 billion, or US$3.70 a share, from US$962 million,
      Bloomberg  -  377 words
    • Article, Illustration
      Lock icon Jobless rate in Europe seen rising next year
      448 15 AP [PARIS] Unemployment levels in the world’s advanced economies could improve next year, even though the number of people without work will likely continue to rise in several European countries, a leading international economic body said. In a report published yesterday, the
      AP; PHOTO: REUTERS  -  448 words
    • Article
      Lock icon Asia feeling the impact of China, India slowdown: ADB
      671 15  -  Bank cuts its growth forecast for 45 developing member states for 2013-14 By ANTHONY ROWLEY in Tokyo A GENERALISED economic slowdown is spreading across Asia on the back of slower growth in China and India as well as weak demand from
      671 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      219 15 Here’s your chance to energize your talent and earn up to $100,000 per year. If you are in SALES MARKETING and believe in yourself, we want to hear from you. Minimum qualification undergraduate degree with 5 years of working experience. Write to: info@publicinsight.com.sg NOTICES Show Off Your Prize Bull Call
      219 words
Page thumbnail Page 16
  • EDITORIAL & OPINION
    • Article
      Lock icon Bernanke’s delicate balancing act
      495 16 EDITORIAL EVER since US Federal Reserve chairman Ben Bernanke raised the possibility in May of the Fed “tapering” its monetary stimulus programme (also known as QE or quantitative easing), markets have been in turmoil. If there are signs that QE may not be needed, then severe
      495 words
    • Article, Illustration
      Lock icon US, China relations now at a new starting point
      778 16  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 IN recent years, there has been a noticeable change in China’s attitude: it now acknowledges that an increase in power means the
      778 words
    • Article, Illustration
      Lock icon Centralisation no key to prosperity in Europe
      1007 16  -  Failure of Lisbon Agenda shows the weakness of centralised economic decision-making By OTMAR ISSING The writer, formerly chief economist at the European Central Bank, is president of the Center for Financial Studies at Goethe University in Frankfurt Project Syndicate FOR many European leaders,
      Project Syndicate; PHOTO: AFP  -  1,007 words
    • Article, Illustration
      Lock icon Japan’s election season is too quiet
      936 17  -  Voters are not debating the various contentious issues that Prime Minister Shinzo Abe has to tackle WILLIAM PESEK The writer is a Bloomberg View columnist Bloomberg WITH elections to the Upper House of Parliament on July 21, Japanese voters seem ready to hand Prime
      Bloomberg; PHOTO: AP  -  936 words
    • Article, Illustration
      Lock icon All you need to know about Abenomics
      995 17  -  By PAUL SHEARD The writer is the US-based chief global economist for Standard Poor’s Ratings Services. He has spent 17 years of his career in Japan. ABENOMICS is essentially two things. One is a policy thrust to end Japan’s chronic deflation. The other
      PHOTO: REUTERS  -  995 words
    • Article
      Lock icon Mokhzani name does not always add lustre
      185 17 LETTER TO THE EDITOR I REFER to the report “Mokhzani goes yield hunting” (BT, July 15), which mentions “having Mr Mokhzani’s name as a key investor undeniably increases the brand value of any company”. Yinson Holdings Ltd is mentioned as one example but,
      185 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      103 17 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
      103 words
Page thumbnail Page 18
  • Transport HUB
    • Article, Illustration
      Lock icon A rare live update of ship sinking
      945 18  -  Where shipping lines are reticent about mishaps, MOL was upfront about its own drama on the high seas STRAIT TALK By DAVID HUGHES WHEN major incidents happen, shipping firms can be very reluctant to say anything at all. That is guaranteed to lead
      PHOTO: AFP  -  945 words
    • Article
      Lock icon Transatlantic clean tankers get rate boost
      362 18 But further gains may be limited due to stocks build-up Reuters [LONDON] Transatlantic clean tanker rates stayed supported on Monday, helped by firmer bookings in recent days, although further gains were likely to be limited due to a build-up of refined petroleum products stocks
      Reuters  -  362 words
    • Article, Illustration
      Lock icon Concern grows over salvage of Italian ship
      451 18 AFP [ROME] As the trial against the captain of Italy’s Costa Concordia gets under way, the mayor of the island where the ship lies said on Monday he was increasingly concerned about its salvage. An unprecedented operation is under way to refloat the
      AFP; PHOTO: AP  -  451 words
    • Article
      Lock icon Surge of piracy in Gulf of Guinea off Nigeria
      295 18 AP [LAGOS, Nigeria] Well-armed pirates are widening their area of operations and using new strategies in a “worrying surge” of attacks, kidnappings and armed robberies in West Africa’s oil-rich Gulf of Guinea, an international piracy monitoring agency said on Monday. The
      AP  -  295 words
    • Article
      Lock icon TRANSPORT STOCKS
      235 18 SGX '000 Jul 16 S$ +/-Vol CH Offshore '000 Chuan Hup Hldg 0.25 0.01 10 Cosco Corp 0.73 0.01 1818 Vol First Ship Lea unch unch 0 Freight Links -0.01 Grand Banks unch unch 0 Jaya Hold Ltd 0.25 K1Ventures 0.17 unch 1661 Keppel Corp 10.92 0.08 3593
      235 words
    • TRANSPORT HUB: AVIATION
      • Article
        Lock icon Boeing fire probe focuses on transmitter
        674 19 Not clear if transmitter on top of Ethiopian jet malfunctioned or if fire started close to it NYT [LONDON] British safety investigators are examining whether a malfunction in an emergency locator transmitter or other equipment in the rear of a Boeing 787 Dreamliner caused
        NYT  -  674 words
      • Article, Illustration
        Lock icon US relooking bid for fresh probe into TWA crash
        626 19 AFP [WASHINGTON] A former air accident investigator campaigning for a new probe into the 1996 crash of TWA Flight 800 said on Monday that US authorities appear to be taking his request seriously. The National Transportation Safety Board (NTSB) maintains that
        AFP; PHOTO: AP  -  626 words
      • Article, Illustration
        Lock icon More Canadians flying from US airports
        802 19 They drive across border to fly to destinations in US NYT [NEW YORK] Peter Marcov, an insurance account executive from Hamilton, Ontario, rarely flies out of the Toronto airport anymore when he travels to the US. Instead, he crosses the border and uses Buffalo
        NYT; PHOTO: DOUG BENZ/THE NEW YORK TIMES  -  802 words
      • Article
        Lock icon Close Heathrow airport, proposes London mayor
        421 19 AFP [LONDON] London’s Mayor Boris Johnson on Monday proposed shutting Heathrow airport, one of the busiest in the world, and replacing it with a major new hub to the east of the capital. Setting out three proposals to end Britain’s chronic shortage of air
        AFP  -  421 words
    • TRANSPORT HUB: LAND
      • Article, Illustration
        Lock icon BMW’s electric car coming next year
        391 20  -  Performance Motors named Singapore’s sole authorised dealer for the i3 By NISHA RAMCHANDANI BMW Asia has appointed Sime Darby-backed Performance Motors as the sole authorised dealer in Singapore for its new BMW electric car sub-brand, BMW i. Two BMW i cars have been confirmed
        391 words
      • Article
        Lock icon No let-up for European carmakers as June sales drop
        439 20 Sales are down 6.3% y-o-y; BMW CEO sees no pick-up until mid-2014 Reuters [MILAN] European car sales fell 6.3 per cent year-on-year in June, damping hopes of a recovery in an industry that has been pummelled by overcapacity and weak consumer
        Reuters  -  439 words
      • Article
        Lock icon Mexico govt sets US$100b rail, ports, roads plan
        435 20 AP [MEXICO CITY] The Mexican government announced plans on Monday to invest about US$100 billion in rail, road, telecom and port projects over the next five years, including Mexico’s first high-speed rail links. Among the projects are the modernisation or building of
        AP  -  435 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      34 18 klSS 92 FM All the great songs m one place C*hh a fass Catch the Nissan-Kiss92 Kiss Mobile for car decals and great prizes! Tune in to Kiss92 for more details! k1ss92.sg nfacebook.com/kiss92fm Q@kiss92fm
      34 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 2
      23 18 www.omy.sg v u; n JU u UiJ i M l EE %>. a blog.omy.sg Download omy Apps omy News iOS App Store Google Play
      23 words
Page thumbnail Page 19
  • Page 19 Advertisements
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      309 19 CRYPTIC CROSSWORD Across 1 Indiscretion, a nude’s memoir possibly (12) 9 Girl’s about to join twosome for shabbiness (9) 10 Armada from France shelter before start of Trafalgar (5) 11 Moaning, losing head, is sickening (6) 12 Sorry criminal act receiving time (8) 13 Celebrates former wife before scheduled time
      309 words
Page thumbnail Page 20
Page thumbnail Page 21
  • TOP 100 BRANDS
    • Article, Illustration
      Lock icon Seeing value in the intangible
      1573 21  -  While they still have a long way to go, Singapore companies are doing much better at accounting for their intangible assets, reportsVINCENT VINCENT WEE THE beauty of brands is that much of their value is intangible. This however also poses a problem for companies as
      1,573 words
    • Article, Illustration
      Lock icon Branding trends for the future
      909 21  -  Branding and brand values are paramount because consumers can make a first impression online at a click of a button By VINCENT WEE THIS year’s results have thrown up some interesting changes and trends. Brand Finance Asia Pacific managing director Samir Dixit spoke to The
      909 words
    • Article, Illustration
      Lock icon In the pink with branding strategies
      1091 22  -  Health brands such as Eu Yan Sang eschew the hardsell, preferring the softer options such as nurturing emotional bonds By VINCENT WEE THE retail market and in particular the health food segment within it is a competitive one and a good example of how
      1,091 words
    • Article, Illustration
      Lock icon Banks rise to the challenge
      824 24  -  Local banks such as DBS and UOB have made great strides, but the finance sector as a whole has room for improvement By VINCENT WEE THE financial services sector stands out with its performance in the Brand Finance Top 100 Singapore Brands Report 2013, with
      824 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      116 22 LET YOUR BETTER SELF SHINE THROUGH. DON'T LET POOR CONCENTRATION GET IN THE WAY OF YOUR PASSIONS. When it comes to rocking every aspect of life, your mind is your most important instrument. Unfortunately, stress can slow down this instrument, leading to poor alertness and concentration. Get your mind back
      116 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      129 23 GAIN THE UPPER HAND TRADE KNOW WHAT TO TRACK WITH SHAR EXPLORER ....//////A 4 iinim <3 t; N V m i\\W\\X WITH M TO ACT TGENIE UTRADE is DOB Kay Hian’s online trading platform. Packed with insightful research, intuitive tools such as ShareExplorer and ChartGenie, and supported by informative seminars,
      129 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      171 24 Bringing Traditional Chinese Medicine to life for generations to come. v •fa 3 PC c. l; A f .V <■ ft ft iEL* v > 4 r' V <50 g v 'a •■SJS -.V <p P Vt tr-* ■•>> 1* 4 r« r t ->^-- 7 c V ■> ->
      171 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      912 25 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) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M VESSEL VOY SIN NOU SUVA BUS MOTHER VESSEL
      912 words
    • Advertisement
      Lock icon Page 25 Advertisements Column 2
      519 25 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 TAMPA CF321 01/07 06/07 10/07 15/07 22/07 ENDURANCE FF329 18/07 22/07 24/07 26/07 31/07 07/08 TAMERLANE FF333 10/08 14/08 17/08 19/08 24/08
      519 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      1107 26 Shipping Times TOLL MARINE LOGISTICS PERKINS SHIPPING (SINGAPORE) PTE LTD LOYANG OFFSHORE SUPPLY BASE, LOYANG CRESCENT, BLK 103, TOPS AVE 1, #08-01, SINGAPORE *****8. MAILBOX NO. 5013 CR NUMBER: **********0G OPERATOR CODE: PV WEEKLY CONTAINER CONVENTIONAL SERVICE TO EAST TIMOR NORTHERN AUSTRALIA VESSEL VOY ETA SIN ETD SIN ETA DILI
      1,107 words
    • Advertisement
      Lock icon Page 26 Advertisements Column 2
      202 26 FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION BERJAYA 1 09/13 19/07 21/07 BELITUNG/PKL BALAM SIANIRI 10/13 22/07 24/07 JAMBI/PEKAN BARU FAJAR MAS 07/13 18/07 20/07 PALEMBANG/PANJANG SINOPA 12/13 19/07 21/07 BENGKULU/PADANG SRI JAYA 8 08/13 18/07 20/07 BELAWAN/LHOKSEUMAWE CARAKA JN332 06/13 24/07 26/07 SABANG/MALAHAYATI
      202 words
Page thumbnail Page 27
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3267 27 Transaction date: Jul 16 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 Company 8.8 3 A-Sonic --AAT Vol Day Last Quote (’000) High Low Buyer Seller Div Gr Yld 10.4 7 AEM
      3,267 words
    • Article
      Lock icon SGX CATALIST
      246 28 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 C000) High Low Buyer Seller C’vr P/E Smil 0.3
      246 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      10854 28 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd Aberdeen Asset Mgt Asia Limited 1.1/ Aberdeen Asset Mgt Asia Limited Asian local Ccy SD Bond Global Emerging Markets!** .0 9974/ 1.9635/ EM local Ccy Bond .0 9337/ European Opportunities!" 1.1951/ Global Emerging Markets!” Global Opportunities/” 1.8371/ 0.954/ Global Emerging
      10,854 words
    • Article
      Lock icon GLOBALQUOTE
      249 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 31 Genting HK US$ US44 unch 2739 44.5 43.5 43.5 44 2897.2 Sale 260 191 TanChongInt HK225 -1 129 230 225 222 229 4.3 3.1
      249 words
    • Article
      Lock icon SGX ETF
      912 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF Last 143 120.4 CIMB APAC Div 100S$D 127.7 134.3 135.2 114.4 99 CIMB APAC Div 100US$ US99.2 106.7 107.6 10.4
      912 words
Page thumbnail Page 28
Page thumbnail Page 29
  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      628 29 Jul 16 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.88 *****.80 *****.89 Sep13 *****.00 *****.00 *****.00 *****.00 ***** *****6 Dec13 *****.00 0 ***** MSCI TAIWAN INDEX FUTURES SPOT 294.02 294.56 292.64 Jul13 292.10 293.90 291.50 292.50 ***** *****7 Aug13 289.80 290.10 289.30 290.00
      628 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 29 In local curr In S$ In US$ dy yr dy yr dy yr Jul 15 Index Change Change Change Change Change Change World Preliminary 1083.8 0.2 15.5 0.3 16.1 0.2 12.1 EAFE Preliminary 884.0 0.3 14.1 0.3 10.7 0.2 6.9 Europe Preliminary 1247.5 0.5 8.7
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 29 Jul 16 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.957 5.629 0.702 7.118 54.390 92.076 0.914 10.257 2.926 1.171 92.044 39.716 1.158 9.104 0.869 27.407 28.513 0.608 0.918 Canada 1.044 5.879
      471 words
    • Article
      Lock icon SIBOR
      64 29 Jul 16 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid
      64 words
    • Article
      Lock icon PRECIOUS METALS
      139 29 Jul 16 GOLD(US$/oz) Jul 16 Jul 15 Hong Kong 1294.10 1296.20 Jul 15 Jul 12 London 1284.60 1279.52 1285.35 1280.35 Source: Thomson Reuters CAST BAR Jul 16 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 117 52 5gm 333 261 10gm 596 521
      139 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      90 29 Jul 16 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*****W 10-Jan-14 0.29 1-Year BY*****H 02-May-14 0.28 0.26 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-15 100.05 100.12 100.07 5-Year
      90 words
    • Article
      Lock icon PALM OIL
      57 29 Jul 16 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 13 2280.0 2285.0 2284.0 2254.0 604 6808 Sep 13 2261.0 2273.0 2273.0 2240.0 7143 ***** Oct 13 2253.0 2263.0 2266.0 2222.0 ***** ***** Nov 13 2252.0 2263.0
      57 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 29 Jul 16 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1574 1.1580 0.9175 0.9176 Canadian dollar 1.2086 1.2097 0.9586 0.9580 Euro 1.6488 1.6497 1.3070 1.3072 NZ dollar 0.9883 0.9893 0.7834 0.7839 Sterling pound 1.9032 1.9044 1.5087 1.5090
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 29 Jul 15 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 13 1453.75 1429.00 1458.00 1419.50 Sep 13 1314.50 1298.25 1315.50 1292.25 Nov 13 1263.75 1257.25 1265.50 1250.25 Jan 14 1268.50 1261.75 1270.25 1255.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Aug 13
      109 words
    • Article
      Lock icon LIFFE
      95 29 Jul 15 COCOA (£/tonne) Close Prev High Low Jul 13 1515 1515 1519 1501 Sep 13 1545 1545 1552 1535 Dec 13 1543 1539 1548 1531 Mar 14 1534 1531 1540 1522 COFFEE(US$/tonne) Close Prev High Low Jul 13 1884 1855 1884 1884 Sep 13 1904 1875 1912 1853
      95 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1035 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 0.4 1 123 1098 25.75 10 Acma Ltd. W*****6 Ratio Exer Albedo Limited W*****9 0.8 unch 200 AlliedTech W*****2 Disc Ascendas Reit MB ECW*****3 3.2 0.2 240 8
      1,035 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 29 CRUDE OIL PRODUCTS Jul 15 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.01 0.17 WTI (Near Mth) 106.40 0.32 Dubai (1-Mth F) 103.75 0.48 Tapis blend 113.72 0.89 Minas 108.02 0.89 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 99.94 0.77 Jet Kerosene 122.20 1.09 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 29 Jul 16 S$ Bid Offer 1-month 1.2614 1.2620 2-months 1.2614 1.2619 3-months 1.2613 1.2619 6-months 1.2610 1.2616 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      65 29 Jul-15 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1760.00 1802.50 3 months 1804.50 1845.00 Copper, Grade A(US$/tonne) Cash 6892.75 6939.75 3 months 6917.00 6954.00 Lead(US$/tonne) Cash 2040.75 2058.50 3 months 2055.00 2072.00 Nickel (US$/tonne) Cash *****.00 *****.25 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.50 3 months *****.00
      65 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 29 As at 9am Jul 16 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.178 1.122 Can dollar 1.232 1.185 Euro 1.686 1.606 Sterling pound 1.941 1.867 NZ dollar 1.009 0.971 US dollar 1.287 1.226 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      157 29 Jul 16 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.06 US$ 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 0.65 0.45 12
      157 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      197 30 These employers have found their ideal candidates through STJobS.Sg Shouldn’t you, too? has definitely benefitted us in terms of fulfilling STJobs recruitment needs The STJobs team has been very helpful and it has been a pleasant experience working with them. a partner who is dynamic, responsive and has a team
      197 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      141 31 P R| CE gold High l2 87.s LOW l27 8.7 cue market also 74% 0 LONG TALS r KNOW WHAT OTHER TRADERS ARE THINKING When you're looking for an edge, every detail counts. That's why we show you the trading decisions of 140,000 IG clients, and update the data every
      141 words
Page thumbnail Page 32
  • executive Money
    • Article, Illustration
      Lock icon The appeal of high-dividend stocks
      1108 32  -  Dividend-paying companies perform best in weak or lower growth conditions, says STEPHEN THORNBER The writer is global equities fund manager at Threadneedle Investments THERE are two primary reasons for investing in a global equity income fund. Firstly, it suit well those seeking a growing income
      PHOTO: AP  -  1,108 words
    • Article, Illustration
      Lock icon Real estate beats hedge funds as investors seek alternatives
      1599 32 Bloomberg [NEW YORK] “Why would anyone invest in the stock market?” Hamilton “Tony” James, president of Blackstone Group, looked up from his notes and peered out at the audience over the rims of his glasses. The occasion was Blackstone’s third annual
      Bloomberg; PHOTOS: BLOOMBERG  -  1,599 words
    • Article, Illustration
      Lock icon Hollywood or Silicon Valley?
      1109 30  -  Silicon Valley offers bigger wins, but Hollywood yields more consistent though smaller returns, reports NICK BILTON NICK BILTON NYT [NEW YORK] LAST year, The Dark Knight Rises was one of the top-grossing films of 2012, racking up US$1 billion in worldwide box office sales. That same
      NYT; AFP/FILE PHOTO  -  1,109 words
    • Article, Illustration
      Lock icon Philippine peso tops forecasters’ pick
      1256 31 Record remittances by Filipinos working overseas expected to help their currency recover from worst slump since 2008 Bloomberg [BANGKOK] The Philippine peso is finding favour among Asia’s top currency forecasters, who are convinced that record remittances from overseas workers will help reverse its biggest slide
      Bloomberg; PHOTO: BLOOMBERG  -  1,256 words