The Business Times, 9 October 2013

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Total Pages: 37
1 38 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Wednesday, October 9, 2013
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  • 590 1  -  They may have to pay 4 to 5 per cent of the property price as processing fee By PAULINE NG in Kuala Lumpur FOREIGN buyers of Johor property will be required to fork out 4 to 5 per cent of the property price
    FILE PHOTO  -  590 words
  • MARKETS DIGEST
    • 65 1 GST INDEX 3,146.50 (+9.91) GST INDEX FUTURES 3,146.00 (+10.00) GSIMSCI 360.40 (+1.20) GSIMSCI FUTURES 360.70 (+1.80) US$ S$ US$ (S$ per US$) 1.249 (US$/S$ per 1.607 2.008 EURO (US$/S$/€ 1.357 1.696 Foreign currency per US$ S$ YEN 97.10 77.70 RM 3.197 2.559 HK$ 7.754 6.206 BAHT 31.36 25.10 RUPIAH
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    • 48 1 Tuesday Change KL COMP 1,777.50 +0.68 NIKKEI 225 13,894.61 +41.29 HANG SENG 23,178.85 +204.90 SET INDEX 1,434.06 +19.44 JAKARTA COMP 4,432.51 +57.55 MANILA COMP 6,454.86 +11.65 SEOUL COMP 2,002.76 +8.34 SHENZHEN B 834.58 +6.94 MUMBAI IND 19,983.61 +88.51 12noon EDT Change DOW 14,854.58 -81.66 NASDAQ 3,714.95 -55.43
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    • 20 1 SINGAPORE MALAYSIA MALAYSIA 6.55 INDONESIA 5.00 INDONESIA 14.732 TAIWAN 5.036 US 1.475 KOREA SWITZERLAND BRITAIN 0.50 Source: Bloomberg
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  • 923 1  -  Economists say the central bank has to keep its guard up against inflation By TEH SHI NING tshining@sph.com.sg [SINGAPORE] The Republic’s central bank is widely expected to keep the Singapore dollar on its rising path next Monday even as growth is
    Source: Department of Statistics  -  923 words
  • Page 1 Advertisements
    • 181 1 EXEC MONEY US standoff: History repeating itself PAGE 38 TRANSPORT HUB Rolls-Royce speeds along in Asia PAGE 30 ENERGY EFFICIENCY A special 4-page supplement PAGES 17-20 COMPANIES Blumont denies knowledge of stock price manipulation PAGE 7 It’s easy to forget you're living in the heart of the city. M?. >
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  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 399 4 LICHTCRAFT WAS $379 NOW $135 GLIDER VARIANT T WAS $220 NOW $89 w SHOP LIGHTING SPECIALS! HIGH POWER COM METAL HALIDE WITH ELECTRONIC GEAR HIGH QUALITY REFLECTORS Brighten up your shop windows/shops with CDM metal halide spotlights from Lival of Finland. Now on offer at prices below cost. Offer valid
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  • COMPANY NEWS
    • 1121 5  -  HOCK LOCK SIEW By CAI HAOXIANG haoxiang@sph.com.sg S UNMOON Food Company’s latest debt restructuring has finally removed the proverbial sword of Damocles hanging over its head and given it a fresh impetus for growth. Those familiar with its corporate history will remember SunMoon as
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    • 520 5  -  By GRACE LEONG gleong@sph.com.sg THE proposed initial public offering of a Philippine casino joint venture (JV) between Malaysian gaming tycoon Lim Kok Thay’s Genting Hong Kong and Philippine conglomerate Alliance Global Group is back on the table, but looks to raise
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    • 529 7  -  Firm says it is SGX’s job to find out if there was any trading irregularity By JASMINE NG jasng@sph.com.sg BLUMONT Group said it was not aware of any manipulation to its share price, calling it the job of the Singapore Exchange (SGX)
      PHOTO: JOYCE FANG/THE STRAITS TIMES  -  529 words
    • COMPANY BRIEFS
      • 56 7 SWIRE Pacific Offshore Operations yesterday added a new anchor handling tug supply (AHTS) vessel, Pacific Discovery built by DDW-PaxOcean Asia, to its existing D Class fleet. The shipowner and operator will have eight vessels in its D Class fleet
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      • 67 7 SEMBCORP Industries announced yesterday that its joint venture in Oman, Sembcorp Salalah Power Water Company, has started trading of its ordinary shares on the Muscat Securities Market. The listing follows Sembcorp Salalah’s successful initial public offering in September, which was 8.3 times
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      • 59 7 TWO subsidiaries of Federal International (2000) have secured orders for the supply of flowline control and other oil gas-related equipment, totalling $38 million, for deliveries in 2014. The subsidiaries are Federal Environmental Engineering and Alton International. Orders to the latter include the supply
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      • 52 7 MARINE service provider Swissco Holdings has secured two-year charter contracts for two anchor handling tugs (AHTs), worth an aggregate of US$7.17 million. The vessels will be deployed in West Africa. Swissco has also secured immediate short-term contracts for two of its newly
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      • 60 7 ACE Achieve Infocom yesterday entered into subscription agreements with various investors. The company has agreed to allot and issue up to 100 million new ordinary shares at 4.3 cents per subscription share worth an aggregate consideration of $4.3 million. The subscription shares represent
        60 words
    • 408 7  -  By ONG CHOR HAO ongch@sph.com.sg THE vendor of Reflections Oasis Inc, the company that steel trader Albedo is trying to acquire in a reverse takeover (RTO) deal to transform itself into a property play, has stressed its commitment to see the deal go
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    • 582 7  -  By KENNETH LIM By kenlim@sph.com.sg STOCKS on the periphery of the past two days’ penny collapse staged a rebound yesterday, but selling continued at the epicentre of the shakedown as brokers braced themselves for a key settlement deadline to arrive. Amid a call
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  • Page 5 Advertisements
    • 68 5 0O&-B-H)} JE, it ft ■Til f M h J3 B* SH Vmt m 15 sttSS i ii) It. m RAIL A home for the art of contemporary Chinese artist Mao Xunui IEBBPM araBila fe < sy 4 i A publication of sp^i ZbBz offers an effective bilingual marketing platform that
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    • 246 5 ISTECH ENERGY EP-5 PTE LTD Oil and Gas Exploration Production Company 3 City Bank Building, 7th Floor, Banyardala Road, Mingalar Taung Nyunt Township, Yangon, Myanmar Tel: +951-*****98 Fax: +951- *****98 Expression of Interest of Companies for Services Materials ISTECH ENERGY EP-5 PTE LTD, the Operator of onshore block EP-5 in
      246 words

  • SINGAPORE MARKETS
    • 546 6  -  Although two of the three designated securities suffer further losses, many other small stocks make gains STOCKS KENNETH LIM kenlim@sph.com.sg Correspondent A GLIMMER of sunlight shone on Singapore penny stocks yesterday after two days of darkness, but it was a wary dawn as trading restrictions
      Source: Bloomberg  -  546 words
    • 186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 8 2 0 0 0 5 8 2 Manufacturing 71 44 39 14 4 9 85 48 48 Commerce 25 14 23 10 3 0 35 17 23 Tpt/Stor/Comms 22 10 7
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    • 123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 24,703 24,703 59,674 59,674 Manufacturing 373,823 143,952 517,775 119,032 3,806 122,838 Commerce 130,005 496,608 626,613 71,738 22,534 94,272 Tpt/Stor/Comms 77,538 22,674 100,212 112,723 9,588 122,311 Finance 332,810 881 333,691 167,419 353 167,772 Construction 384,546 392,853
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    • 115 6 Stock name Close Change CapMallsAsia 1.920 -0.010 CapitaLand 3.100 +0.020 CapitaMall 1.940 -0.015 CityDev 10.010 -0.030 ComfortDelGro 1.905 -0.005 DBS Grp 16.340 +0.030 GLP 2.890 +0.060 Genting SP 1.455 +0.020 Golden Agri 0.515 -0.010 HK Land 6.300 -0.010 HPH Trust US$ 0.790 +0.015 JMH 54.400 +0.270
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    • 4 6 DAILY
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    • 73 6 Oct 8 VALUE CLOSE BT OB/OS -817.0 +133.0 BT CADI -*****.0 +138.0 BT 10-day MA -*****.00 -82.00 FTSE ST Mid Cap 723.92 +1.80 FTSE ST Small Cap 533.15 +4.79 FTSE ST All Share 763.99 +2.66 FTSE ST China Top 201.74 +2.03 FTSE ST China 228.59 +2.37 FTSE
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    • 52 6 VOLUME Albedo 398,220,000 YHM 387,306,000 IPCO Intl 323,759,000 Innopac 311,959,000 HanKore 167,474,000 AsiaPhos 107,268,000 SingHaiyi 91,727,000 Asiasons 76,422,000 AdvanceSCT 66,156,000 LionGold 62,172,000 VALUE($) UOB 44,957,400 DBS Grp 44,427,840 SingTel 38,433,980 AsiaPhos 37,665,360 GLP 37,570,220 Keppel Corp 36,356,760 OCBC Bk 36,326,490 Genting SP 34,753,895 HK Land 31,311,484 CapitaLand
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    • BROKERS’ TAKE
      • 508 6 Investment Trust Oct 8 close: $1.655 Maybank Kim Eng Research, Oct 8 THE worst distribution drag by Suntec City Mall’s (SCM) ongoing renovation works is likely over in H1 2013, when Phase 1 new tenants have yet to start paying rentals and Phase 2 old tenants are
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      • 455 6  -  Compiled by KENNETH LIM Oct 8 close: $7.19 CIMB Research, Oct 8 SGX will be reporting Q1 FY2014 results on Oct 17 after market close. We expect a weak start to FY2014 as securities market turnover value fell 14.9 per cent q-o-q to S$85 billion in July-September. As
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    • 491 6 CURRENCIES Reuters [LONDON] The US dollar edged higher yesterday, pulling away from a two-month low against the yen as signs emerged that US lawmakers could come to an agreement to avoid a default. However, analysts said that the US currency would remain
      Reuters; PHOTO: AP  -  491 words
    • 107 6 BY CENTS CLOSE UP Jardine C&C 3555 145.0 4.3 GLD 10US$ ***** 107.4 0.7 Lyxor LatinAmerica 1 687 41.2 5.0 JMH 5440 33.7 0.5 DBXT FTVietnam 10US$ 2365 30.0 1.0 DBS.ES.1310 1642 28.0 1.7 DBXT MSTaiwan 10US$ 1965 17.5 0.7 JSH 3350 12.5 0.3 Lyxor Russia 10US$ 418 12.5
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    • 122 6 BY CENTS CLOSE DOWN DBXT MSJAP 10US$ 4495 -87.4 -1.5 Hyflux 6% CPS 10 ***** -29.0 -0.3 IS LC 1-3Y 100US$ 995 -22.5 -1.8 IS S&P500 ***** -15.0 -0.1 DBS Bk 4.7% NCPS 100 ***** -10.0 -0.1 DairyFarm 1037 -10.0 -0.8 STXPO 100 226 -9.0 -3.8 SuperGroup 393 -8.0
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    • 5 6 DAILY
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  • Page 7 Advertisements
    • 92 7 Hairy Crab Sensation 11 October to 4 November 2013 Szechuan Court is proud to present the annual seasonal Hairy Crabs for all crab connoisseurs. Featuring specialty creations including Stewed Hairy Crab with Shao Xing Chinese Wine and Steamed Hairy Crab with Shiso Leaf, enjoy these crustaceans as part of our
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  • SINGAPORE NEWS
    • 430 8  -  Republic gains one point to 105 in the latest HSBC Trade Confidence Index By ANDREA SOH sandrea@sph.com.sg GLOBAL infrastructure-re-lated trade will double by 2020 and more than triple by 2030, with Singapore expected to benefit as a supplier of investment
      430 words
    • 513 8  -  By tanmindy@sph.com.sg MINDY TAN tanmindy@sph.com.sg HOUSE hunters eyeing the Sembawang region will be spoilt for choice, with a couple of projects there becoming available this week. Specifically, three terraced houses and two semi-detached homes are being launched for sale
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    • 352 8  -  By LEE MEIXIAN leemx@sph.com.sg PRIVATE medical device company Amaranth Medical has completed its second round of financing, this time for US$20 million, led by new investor DCP Management of Singapore. Existing investors Bio*One Capital, Charter Life Scien- ces, Phillip Capital, as well
      352 words
    • 259 8  -  By CHUANG PECK MING in Brunei peckming@sph.com.sg CHANCES are high that Asean leaders will agree to adopt a joint haze monitoring system at the regional grouping’s summit which kicks off today. Senior officials who finished the draft of the agreement yesterday evening
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    • 227 8 SINGAPORE Press Holdings’ Online Classifieds, known as ST701, has bagged two awards that honour creative excellence on the web. Two of ST701’s products STJobs and STCars clinched Silver awards for General Website Categories (Employment) and Mobile Applications (Services) respectively, at the 2013 W³
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    • 450 8  -  By tshining@sph.com.sg TEH SHI NING tshining@sph.com.sg SHOULD rising food prices begin to bite, Singapore’s consumers are most likely to cut back on dining out, followed by expenses on clothes and accessories, says a Nielsen online poll of 503 Singaporeans. It
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    • 457 8  -  By JASMINE NG jasng@sph.com.sg SMALL companies are finding new ways to woo job candidates amid competition from bigger businesses offering a bevy of benefits like brand-name recognition and maybe even a Starbucks store in the lobby. Some have tied up with government agencies
      PHOTO: ARTHUR LEE  -  457 words

  • Page 9 Advertisements
    • 1593 9 ADVERTORIAL The SIM GE Job Fair is an important platform for participating employers to meet with the private education institution’s graduating cohorts. Profitable partnerships Singapore Institute of Management Global Education graduates are career-ready and sought-after by industries WHEN it comes to recruiting new blood to boost its ranks, Otis a
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  • MALAYSIA/INDONESIA
    • 419 10 [KUALA LUMPUR] An export licence is the next important step for the Canadian unit of Petroliam Nasional Bhd (Petronas) to see its C$36 billion (S$43.5 billion) investment advance further. Its unit, Pacific NorthWest LNG, had in July applied to Canada’s National Energy Board
      419 words
    • 473 10  -  Daughter of a director, Ng Wan Yean allegedly laundered RM931m By S JAYASANKARAN in Kuala Lumpur ANOTHER daughter of one of the directors of the infamous gold-trading firm Genneva Malaysia was yesterday charged with laundering RM931 million (S$364 million). Ng Wan Yean, 29,
      473 words
    • 510 10 Bloomberg [JAKARTA] Indonesian banks are preparing marketing campaigns to highlight a rule change that makes it costlier for borrowers to get non-Islamic mortgages than Syari-ah-compliant products. Bank Indonesia raised minimum downpayments for all home loans to at least 30 per cent from
      Bloomberg  -  510 words
  • Page 10 Advertisements
    • 758 10 +'\&%:/_\|%|/]{(=?<$&&^[@@`-$^- Gain An Unfair Advantage Over Your Competition Who should attend: Senior Middle Management, Supervisors, Team Leaders, Sales Managers Executives, Corporate Communications and Marketing Managers Executives, Financial Advisors, Real Estate Professionals, Business Owners, Entrepreneurs, Network Marketers, and those who are interested in effective communication and making a lasting impression at
      758 words

  • WORLD OF OPPORTUNITIES
    • 1155 11  -  With the spotlight on tax avoidance by big corporations, cross-border tax planning has become much more than just a numbers game. Reports by KAN KWOK LEONG Reports by KAN KWOK LEONG A COMPANY’S ability to effectively manage its taxes across borders affects not just its bottom
      PHOTO: AFP  -  1,155 words
    • 187 11 IN May 2013, Lloyds of London published their Lloyd’s Risk Index 2013 a global survey of C-Suite executives to assess corporate risk and attitudes. The survey covered 50 business risks and categories included business risk, economic and regulatory risk, political risk, environmental risk
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    • 134 11 Taxation focus is now on civic responsibility POLITICAL attitudes toward taxation are changing and the focus is shifting towards a civic responsibility for paying the right amount of taxes in the jurisdictions that companies have earned their profits, said Tay Hong Beng, head of tax at KPMG in Singapore. Based
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  • Page 11 Advertisements
    • 194 11 This is the last in a four-part business strategy thought leadership series that looks at how Singapore companies and business leaders can better prepare for the challenges ahead and capitalise on a world of opportunities in Asia and beyond. The series is brought to you by CPA Australia, in conjunction
      194 words

  • GREATER CHINA/INDIA
    • 632 12 Business sentiment slips as Sept services PMI dips to 52.4 from August’s 52.8 Reuters [BEIJING] Business confidence in China’s services sector slipped in September and growth slowed, a private survey showed yesterday, another signal that the world’s No 2 economy is finding it difficult to
      Reuters  -  632 words
    • 926 12 Re uters [NEW DELHI] The Indian government will have to rein in spending and cut subsidies to meet its fiscal deficit target, the country’s finance minister said, underlining the fact that an austerity drive will not be blown off course by an election due
      Reuters; PHOTO: REUTERS  -  926 words
    • 299 12 AFP [NEW DELHI] India is looking at issuing visas on arrival for visitors from 40 more countries, a minister has said, raising hopes that it will overcome national security fears to boost its tourism industry. A meeting of senior officials from the home, foreign and
      AFP  -  299 words
  • Page 12 Advertisements
    • 1075 12 CHUAN HUP HOLDINGS LIMITED (Co. Reg. No. *****0572R) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the FORTY-THIRD ANNUAL GENERAL MEETING of the Company will be held at The Board Room, 390 Jalan Ahmad Ibrahim, Singapore *****5 on 25 October 2013 at
      1,075 words
    • 253 12 Trading Currencies Can Be Easy... With The Right Mentor At Your Side. Take advantage of this rare opportunity to learn from Kathy Lien, one of the best known traders in the currency market. She will share with you EVERYTHING that she believes is important to know about the fundamentals. No
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    • 23 12 o www.omy.sg m i! 6 5 i s< 1 k showbiz.omy.sg Download omy Apps o. 0(^0 omy Showbiz iOS App Store Google Play
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  • Page 13 Advertisements
    • 6527 13 CLIMATE HOLDING LTD (Incorporated in the British Virgin Islands) Company Registration Number: *****37 DEVOTION ENERGY GROUP LIMITED (Incorporated in Singapore) Company Registration Number: *****8977M JOINT ANNOUNCEMENT PROPOSED VOLUNTARY DELISTING OF DEVOTION ENERGY GROUP LIMITED 1 INTRODUCTION 1.1 Devotion Energy Group Limited (the “Company”) and Climate Holding Ltd (the “Offeror”) wish
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  • Page 14 Advertisements
    • 2858 14 PARKSON i’HiS PARKSON RETAIL ASIA LIMITED Company Registration No. *****7706H (Incorporated In Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Parkson Retail Asia Limited ("the Company") will be held at Pisces/Aquarius Room. Level 1, Marina Mandarin Singapore, 6 Raffles Boulevard, Marina Square.
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    • 2162 14 CHINA YUANBANG PROPERTY HOLDINGS LIMITED (Company Registration Number: *****) (Incorporated in Bermuda on 4 December 2006) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHINA YUANBANG PROPERTY HOLDINGS LIMITED (the “Company”) will be held at Meeting Room Ocean 7, Level 2, Pan Pacific
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  • Page 15 Advertisements
    • 2090 15 ®|CGI CHINESE GLOBAL INVESTORS GROUP LTD. (Company Registration No. *****0189D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Chinese Global Investors Group Ltd. will be held at Furama RiverFront Singapore, Level 5, Mercury III, 405 Havelock Road,
      2,090 words
    • 3026 15 NOTICE OF ANNUAL GENERAL MEETING (Incorporated in Singapore) (Registration No. *****0079M) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Shenton Room Basement 1, M Hotel, 81 Anson Road, Singapore *****8 on Friday, 25 October 2013 at 2.00 p.m. for the following purposes:
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  • Page 16 Advertisements
    • 2616 16 C'ts/t CFM HOLDINGS LIMITED ri W M (Registration No. *****3708R) NOTICE OF THE THIRTEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirteenth Annual General Meeting of CFM Holdings Limited (the "Company") will be held at East Asia Institute of Management at 9 Ah Hood Road, Singapore *****5 on
      2,616 words
    • 453 16 CHINA JISHAN HOLDINGS LIMITED (“Company”) (Incorporated in the Republic of Singapore) Company Reg. No. *****0591E NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting (“EGM”) of the Company will be held at Furama River Front Singapore, Mercury I (Level 5), 405 Havelock Road, Singapore *****3
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    • 291 16 To subscribe, call 6388-3838 or go to sphsubscription.com.sg GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. WATS NOTICES Fullearn Assets Inc. Business Company Number: *****1 In Voluntary Liquidation Notice is hereby given that in accordance with the
      291 words

  • ENERGY EFFICIENCY NATIONAL PARTNERSHIP
    • 674 17  -  The need for better energy management practices is more pressing than ever before, says ronnie tay, CEO of the National Environment Agency RONNIE TAY PAYING greater attention to energy efficiency and management makes good business sense. A focus on energy efficiency and energy
      674 words
    • 1156 17  -  The Energy Efficiency National Partnership helps companies better manage their energy usage through networking, learning and recognition initiatives By KAN KAN KWOK LEONG IN ITS push to help Singapore companies boost their competitiveness by reducing their carbon footprint, the National Environment Agency (NEA)
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    • 2165 18 / 19  -  This year’s winners of the Excellence in Energy Management Awards share their secrets to fostering an energy efficient mindset within their organisations, reports kan kwok leong KAN KWOK LEONG The Business Times: Why is achieving energy efficiency such a high priority in your company? Andre Van Schuijlenburg:
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    • 917 18 / 19  -  As the energy champion for Infineon’s Singapore plant, Quah Han Song’s proudest achievement has been in changing the mindset in the company towards energy-efficiency, reportsKAN KWOK LEONG KAN KWOK LEONG BREAKTHROUGHS sometimes come from the simplest ideas. Infineon Technologies Asia, for instance, managed to make impressive
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    • 771 18 / 19  -  Muthusamy Ravichandran has successfully led Nestle Singapore’s drive to cultivate an energy-savings culture, reports kan kwok leong reportsKAN KWOK LEONG AS PART of his role as the energy manager at Nestlé Singapore, Muthusamy Ravichandran believes fervently in drawing ideas to improve energy efficiency
      771 words
    • 787 20  -  Balestier Hill Primary School has cut energy consumption, allowing it to channel operating funds to better uses. Reports byKAN KWOK LEONG Reports byKAN KAN KWOK LEONG WHEN Balestier Hill Primary School principal Tan Chay Eng noticed that staff meetings were taking place in eight different
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    • 469 20 AS a manufacturer of products that help prevent disease and illness, one of the key missions of GlaxoSmithKline (GSK) Vaccines is to help improve the quality of lives. This goal extends beyond just making vaccines and encompasses the company’s efforts to build a sustainable environment;
      469 words
    • 238 20 APART from GSK Vaccines, Exxonmobil Chemical Operations Pte Ltd and United Microelectronics Corporation (Singapore) were the other two winners of the Best Practices award at the Energy Efficiency National Partnership (EENP) Awards 2013. Here are the projects that won them the nods: Keeping things cool Leading petrochemical
      238 words
    • 343 20 TO HELP keep energy costs down at its main building at Outram, a team at the Health Promotion Board (HPB) sought out contractors who could guarantee a certain amount of energy savings. The government agency’s Estate Facilities team embarked on this initiative in 2011 to help
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  • WORLD
    • 694 21  -  Risks to forecast of rising global activity remain on the downside By ANTHONY ROWLEY in Washington GLOBAL economic growth is “in low gear” and, with a series of obstacles such as prospective monetary tightening and the threat of a prolonged shutdown of
      694 words
    • 396 21 Bloomberg [NEW YORK] JPMorgan Chase Co has lifted its forecast for sales this year of speculative-grade debt to US$1 trillion as investors signal confidence that the US won’t default on its debt and the Federal Reserve will maintain its unprecedented stimulus. The largest
      Bloomberg; PHOTO: REUTERS  -  396 words
    • WORLD BRIEFS
      • 132 21 Reuters [LONDON] Britain is on track to sell shares in Royal Mail at the top of its range on Friday, two sources close to the deal said, valuing the postal service at more than US$5 billion on the final
        Reuters  -  132 words
      • 113 21 AP [STOCKHOLM] Physicists Francois Englert of Belgium and Peter Higgs of Britain won the 2013 Nobel Prize in physics yesterday for their theoretical discoveries on how subatomic particles acquire mass. Their theories were confirmed last year by the discovery of the so-called Higgs
        AP  -  113 words
      • 96 21 Bloomberg [LONDON] Former England soccer captain David Beckham was paid £14.1 million (S$28.3 million) by his sponsorship and image-rights company in 2012, up 6 per cent from the previous year, accounts show. London-based Footwork Productions Ltd said revenue increased 8 per cent to
        Bloomberg  -  96 words
    • 478 21 Online store fee cut pits Yahoo Japan against Rakuten Bloomberg [TOKYO] Billionaire Masayoshi Son, Japan’s sec-ond-richest person, mounted an attack on the next wealthiest, Hiroshi Mikitani, wiping out a combined US$4.3 billion in their companies’ market values. Mr Son, chairman of
      Bloomberg  -  478 words
    • 512 22 The 63.7% annual fall is biggest in almost 2 years and puts focus back on debt pile Reuters [TOKYO] Japan’s current account surplus tumbled in August due to declining overseas profits and chronic trade deficits, raising questions about the nation’s ability to rely
      Reuters; PHOTO: AFP  -  512 words
    • 381 22 Bloomb erg [TOKYO] Japan’s Government Pension Investment Fund (GPIF), the world’s largest manager of retirement savings, isn’t ready for Abenomics, according to the head of an expert panel advising on public investments. The set of policies from Prime Minister Shinzo Abe aims
      Bloomberg  -  381 words
    • 618 22 They rank near the bottom in skill with numbers, technology NYT [NEW YORK] American adults lag well behind their counterparts in most other developed countries in the mathematical and technical skills needed for a modern workplace, according to a study released yesterday.
      NYT  -  618 words
    • 689 23 They’re preparing through steps including borrowing in bond markets and from Federal Home Loan Banks Re uters [NEW YORK] US banks, with nudging from regulators, are planning for the day when the economy recovers, rates rise, and depositors yank money from safe but
      Reuters  -  689 words
    • 581 24 There are fears foreign, local firms face repeat of 2011 devastation Reuters [BANGKOK] Floodwater has breached an industrial estate to the east of the Thai capital, stirring fears that foreign and Thai companies face a repeat of the devastation suffered in 2011, but the
      Reuters; PHOTO: REUTERS  -  581 words
  • Page 21 Advertisements
    • 1127 21 JACKPOT Estimated Draw on Thu, 10 Oct 2013 at 6.30pm For details, visit www.singaporepools.com.sg I PLAY® Always play with care. Do not bet illegally. RGB Reg No: *****0202G SINGAPORE E POOLS HOLLAND VILLAGE Freehold Site Area: Approx. 3,410 sq ft Total Strata Area: Approx. 10,707 sq ft Commercial Zoning Ideal
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  • Page 22 Advertisements
    • 374 22 MV c^i c.^--rflJSi q?<° TV a ,^d P to' r <" r c» •j.0 > !:> A (,<x?S .^V t° r a s*' V> v'*’ «o< lq< fl c «*>' I tO> W3V «r ,«A V "V 1 Orchur i\ Our award-winning app lets you find the hottest properties around
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  • Page 23 Advertisements
    • 3887 23 WATO NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices UNION STEEL HOLDINGS LIMITED Co. Reg No. *****0181W (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Union Steel Holdings Limited (“the Company”) will be held at 33 Pioneer Road
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  • Page 24 Advertisements
    • 3555 24 WATO NOTICES 1 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices s SIM LIAN GROUP LIMITED Registration No. *****4760C (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirteenth Annual General Meeting of Sim Lian Group Limited ("the Company”) will be held at Jurong
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    • 149 24 ANB INVESTMENT PTE LTD (In Voluntary Liquidation) (Company Reg No.: 2007-*****-D) NOTICE IS HEREBY GIVEN PURSUANT TO SECTION 308 OF THE COMPANIES ACT, CAR 50 THAT A FINAL GENERAL MEETING OF THE COMPANY WILL BE HELD ON THE 1 ST OF NOVEMBER 2013 AT 10:00 AM AT 9 KELANTAN LANE
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  • Page 25 Advertisements
    • 381 25 STPROPERTY SEMINAR STRATEGY FOR THE SMART INVESTOR HOW TO CAPITALISE ON CURRENT MARKET TRENDS POLICIES With the new measures and developments plans in place, how should a property investor respond to the ever-changing investment landscape in Singapore and beyond? Have these BURNING QUESTIONS addressed during our seminar: How will the
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  • EDITORIAL & OPINION
    • 536 26 EDITORIAL THE imbroglio over the US government shutdown, and the debt ceiling, might have been just a piece of political theatre had it not been so serious. The fact that a small group of radical Republican lawmakers can engineer an operational shutdown of most of
      536 words
    • 795 26  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 IN calling for the rejuvenation of the nation through realisation of the “Chinese Dream”, President Xi Jinping is also invoking
      795 words
    • 1180 26  -  Alibaba had proposed to list on HKEx with a structure that would entrench its partners By MAK YUEN TEEN The writer is associate professor of accounting at NUS Business School, where he teaches corporate governance and ethics. The discussion on the dispute between
      PHOTO: REUTERS  -  1,180 words
    • 1237 27  -  Economists are doubtful over Abenomics’ longer-term aspects which call for sweeping deregulation of Japan’s economy ANTHONY ROWLEY Tokyo Correspondent ONE thing that Prime Minister Shinzo Abe is very good at by common consent is “selling” Japan and the idea that Japan is back
      PHOTO: AP  -  1,237 words
    • 813 27  -  &SH REUTERS BREAKINGVIEWS By EDWARD HADAS CHRISTOPHER HUGHES SOME day, London will be like it was only a few years ago, when its homes were not unaffordable for all but the most wealthy. While waiting, policymakers should try to mitigate the damage that global
      PHOTO: BLOOMBERG  -  813 words
    • 325 27 LETTER TO THE EDITOR MANY voices have called for circuit breakers in the stock market, as did the letter “Circuit breakers could have prevented pennystock mayhem” (BT, Oct 8). The Securities Investors Association (Singapore) has also made many calls for this publicly,
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  • Transport HUB
    • 609 28  -  Growth in commodities demand from Japan has been dismal By MALMINDERJIT SINGH msingh@sph.com.sg [SINGAPORE] Shipping companies banking on a commodities shipping boom as a result of the Japanese economic resurgence, may be in for a disappointment. It appears that the growth in
      PHOTO: REUTERS  -  609 words
    • 864 28  -  There is cause for optimism in shipping, but temper it with caution STRAIT TALK By DAVID HUGHES TWO recent reports from a major shipping accountant give some grounds for optimism in the outlook for the shipping industry. There is certainly more good news around now. Accounting firm
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    • 515 28 Bloomberg [LONDON] The cost of hauling crude on the largest tankers is poised to rise to a four-year high as the biggest demolition programme in a decade trims a glut of capacity. Rates still won’t be high enough for owners to break even.
      Bloomberg; PHOTO: BLOOMBERG  -  515 words
    • 239 28 Bloomberg [NEW YORK] Genting Hong Kong, the largest shareholder in Norwegian Cruise Line Holdings, has ordered a 1,682 passenger cabin cruise ship from a German shipbuilder for 707.2 million euros (S$ 1.19 billion) to meet Asian demand. The
      Bloomberg  -  239 words
    • 242 28 SGX '000 Oct 8 S$ +/-Vol CH Offshore '000 Chuan Hup Hldg 0.28 0.01 57 Cosco Corp 0.77 0.01 1838 CWT Ltd Vol Ezra Hldgs 1.13 0.03 4007 First Ship Lea unch Freight Links Chuan Hup Hldg Grand Banks 0.01 Jaya Hold Ltd Cosco Corp K1Ventures 0.01 Keppel
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    • TRANSPORT HUB: AVIATION
      • 711 29 Concessions by ICAO could make it harder to achieve goal of a mkt-based measure Reuters [WASHINGTON] Concessions made by the United Nations’ aviation body to wrap up two weeks of tense negotiations could make achieving the goal of a mar-ket-based measure to
        Reuters  -  711 words
      • 342 29  -  By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] Budget carrier Cebu Pacific Air has launched a non-stop, long-haul service between Manila and Dubai, as it seeks to cater to the 500,000 Filipinos living in the emirate. This makes Cebu Pacific the first Philippine carrier to
        PHOTO: REUTERS  -  342 words
      • 600 29 The inspectors had been deemed nonessential by FAA Bloomberg [WASHINGTON] Aviation regulators in the United States will begin recalling some airline and aircraft inspectors from furloughs spurred by a partial government shutdown that has entered its second week. More than 800 Federal
        Bloomberg  -  600 words
      • 384 29 Reuters [ROME] Loss-making Italian airline Alitalia risks having to file for bankruptcy if no deal on a proposed capital increase is reached in a couple of weeks, a government source said yesterday. Alitalia needs about 500 million euros (S$848 million) to keep going
        Reuters; PHOTO: REUTERS  -  384 words
    • TRANSPORT HUB: LAND
      • 583 30  -  It’s entering markets where the number of super-rich is rising, says CEO By SAMUEL EE samuelee@sph.com.sg TORSTEN Müller-Ötvös is not enamoured of luxury taxes, which is no surprise given that he is the chief executive of Rolls-Royce Motor Cars, the automotive marque that is
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      • 352 30  -  By SAMUEL EE samuelee@sph.com.sg THE new entry-level Porsche Macan will be the German sports car maker’s most important model when it arrives here in the middle of next year because it is expected to attract a new segment of buyers. “Macan” is the Indonesian
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      • 459 30 Bloomberg [TOKYO] While Toyota president Akio Toyoda is on the cusp of a record year for profit, young people nowadays make him nervous. They’re so clueless that boys without cars have the nerve to ask girls out. “In the past, if you
        Bloomberg  -  459 words
  • Page 28 Advertisements
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    • 29 28 *v SNGAPORES HOT Horresr WTS LIGHTNING STRIKES CATCH THE ALL NEW NISSAN HOT FM91.3 THUNDER TRUCK TUNE IN TO HOT FM91.3 FOR MORE INFO WWW.HOTFM.SG FflCEBODK.COM/HOTFMSG I 3* HOTFMSG
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  • Page 29 Advertisements
    • 44 29 ISSUE OCT PG 26 TO GB0 W ALLOWED ouldbe TIONSH wH ySIN _cc 9tlSS SB*- y as*s ■SSa*—FUN Xn ®w2i'S*el —i i y* ast torque with OCTOBER 26, 2013 SATURDAY Get the inside scoop on Kia s upcoming models! SIGN UP NOW AT sPHmagazines
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  • Page 29 Miscellaneous
    • 311 29 CRYPTIC CROSSWORD Across 1 Singular cure for captain (7) 5 Bishop meets girl in country (7) 9 Last in bar, I check bolt (5) 10 Flare, easy to carry around? (4,5) 11 Financial security is what a postie wants? (4,6) 12 A recurrent air? (4) 14 It’s one’s characteristic habit
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  • Page 30 Advertisements
    • 32 30 The latest jobs,straight from the press. If you’re thinking of making a career change, check out the latest job opportunities career insights in CATS Recruit. Now available on the CATS Classified App
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  • Page 31 Advertisements
    • 439 31 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 THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH
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    • 457 31 J e b e l A l i■ Port Klang Shanghai■ LaemChabang■ Chittagong J e d d a h B r is b a n e H a m b a n t o t a NYK RORO Conventional ServiceREGULAR SERVICE TO REGULAR SERVICE TO Persian Gulf, Bengal, Red Sea,
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    • 489 31 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 SALOME FF337 26/09 30/09 02/10 04/10 09/10 15/10 OBERON FF339 07/10 11/10 14/10 16/10 21/10 28/10 TONSBERG FF341 23/10 27/10 30/10 01/11
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  • Page 32 Advertisements
    • 935 32 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
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    • 248 32 FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION BERJAYA 1 15/13 14/10 16/10 BELITUNG/PKL BALAM SRI JAYA 8 13/13 IN PORT 11/10 JAMBI/PEKAN BARU FAJAR MAS 13/13 10/10 12/10 PALEMBANG/PANJANG SINOPA 17/13 11/10 13/10 BENGKULU/PADANG PULAU WEH 07/13 10/10 12/10 BELAWAN/LHOKSEUMAWE SIANIRI 15/13 IN PORT
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  • SINGAPORE STOCKS
    • 3142 33 Transaction date: Oct 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 Company Last Sale Vol Day Last Quote ('000) High Low Buyer Seller 188 106 AIMSAMPIReit 15 11.7 8Telecom 19.8 16
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    • 231 34 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 25
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    • 11729 34 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FuncTCI A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.16/ Aberdeen Asset Mgt Asia Limited Global Emerging Markets!** EM Local Ccy Bond 0.9101/ European Opportunities!’’ 1.2304/ Global Emerging Markets!” 1.863/ China Opportunities USD!** 0 9657/ Global
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    • 245 34 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 31 Genting HK US$ US42.5 -0.5 6348 43 41.5 42 42.5 2798.4 Sale 281 191 TanChongInt HK277 278 280 4.3 2.5 9.3 5578.5 DISCLAIMER: All
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    • 859 34 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 116cd 1 116 116 114.5 116 529.5 143 125 CIMB APAC Div 100S$D 129.4 129.2 130.1 114.4 99.2 CIMB APAC
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  • FINANCE & COMMODITIES
    • 597 35 Oct 8 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.74 *****.64 *****.94 Dec13 *****.00 *****.00 *****.00 *****.00 *****6 *****7 Mar14 *****.00 11 312 MSCI TAIWAN INDEX FUTURES SPOT 293.29 295.19 292.39 Oct13 292.80 295.20 291.70 295.20 ***** *****3 Nov13 292.00 294.60 291.40 294.70
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    • 373 35 In local curr In S$ In US$ dy yr dy yr dy yr Oct 7 Index Change Change Change Change Change Change World Preliminary 1093.1 -0.4 16.5 -0.3 17.6 -0.5 15.1 EAFE Preliminary 893.4 -0.6 15.3 -0.5 15.0 -0.7 12.5 Europe Preliminary 1281.1 -0.3 11.7
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    • 471 35 Oct 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.975 5.782 0.696 7.325 58.427 108.900 0.917 10.149 3.020 1.139 100.285 40.707 1.180 9.441 0.855 27.865 29.626 0.588 0.945 Canada 1.025 5.928
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    • 52 35 Oct 8 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 1 mth 2 mths 2 mths 3 mths 9 mths 6 mths 12 mths 9 mths Source:
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    • 84 35 Oct 8 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 04-Apr-14 0.28 1-Year BY*****H 02-May-14 0.29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.83 5-Year N*****0T 0.5 01-Apr-18 98.44 98.55 98.55 10-Year NX*****H
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    • 135 35 Oct 8 GOLD(US$/oz) Oct 08 Oct 07 Hong Kong 1330.00 1320.00 Oct 07 Oct 04 London 1323.68 1310.63 1324.51 1311.56 Source: Thomson Reuters CAST BAR Oct 08 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 119 53 5gm 339 265 10gm 606 530
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    • 57 35 Oct 8 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 13 2361.0 2350.0 2364.0 2346.0 238 2176 Nov 13 2338.0 2349.0 2353.0 2334.0 3969 ***** Dec 13 2338.0 2349.0 2353.0 2332.0 ***** ***** Jan 14 2335.0 2351.0
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    • 155 35 Oct 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1797 1.1809 0.9446 0.9448 Canadian dollar 1.2095 1.2110 0.9689 0.9684 Euro 1.6948 1.6964 1.3570 1.3572 NZ dollar 1.0351 1.0365 0.8288 0.8293 Sterling pound 2.0067 2.0088 1.6068 1.6072
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    • 109 35 Oct 7 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 13 1296.50 1295.00 1305.00 1288.50 Jan 14 1297.00 1295.00 1304.00 1289.00 Mar 14 1284.25 1279.25 1287.50 1273.50 May 14 1264.25 1257.75 1265.00 1253.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 13
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    • 95 35 Oct 7 COCOA (£/tonne) Close Prev High Low Dec 13 1747 1694 1750 1698 Mar 14 1723 1678 1733 1682 May 14 1713 1670 1727 1674 Jul 14 1701 1662 1715 1666 COFFEE(US$/tonne) Close Prev High Low Nov 13 1709 1709 1726 1669 Jan 14 1704 1705 1720 1665
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    • 1137 35 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 17.3 2.8 246 0.0 5 -79 57 Asia-Pacific Strategic W*****6 Ratio Exer Price Allied Technologies W*****1 Disc Ascendas Reit MB ECW*****3 2.9 0.2 240 5 Asiatic Grp(Hldgs) Ltd
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    • 70 35 CRUDE OIL PRODUCTS Oct 07 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.81 0.54 WTI (Near Mth) 103.13 -0.52 Dubai (1-Mth F) 104.01 -0.68 Tapis blend 116.78 -1.01 Minas 107.78 -1.01 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 96.81 -1.58 Jet Kerosene 121.73 -0.92 US$/barrel OpecOil Basket
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    • 22 35 Oct 8 S$ Bid Offer 1-month 1.2489 1.2499 2-months 1.2489 1.2499 3-months 1.2488 1.2499 6-months 1.2485 1.2496 Source: OCBC
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    • 65 35 Oct-07 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1807.90 1799.75 3 months 1854.00 1844.00 Copper, Grade A(US$/tonne) Cash 7216.50 7231.50 3 months 7245.00 7260.00 Lead(US$/tonne) Cash 2034.75 2018.25 3 months 2062.00 2045.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
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    • 121 35 As at 9am Oct 08 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.206 1.149 Can dollar 1.232 1.185 Euro 1.734 1.652 Sterling pound 2.047 1.969 NZ dollar 1.059 1.019 US dollar 1.273 1.213 Local dollars to 100 units of foreign
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    • 161 35 Oct 8 $S Offer Bid 0vernight 0.08 0.03 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.02 US$ Offer Bid 7 days 0.20 0.10 1 month 0.26 0.16 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.50 0.30 9 months 0.60 0.40 12
      161 words

  • Page 36 Advertisements
    • 98 36 AsiaOne brings you All your news and lifestyle updates in one app J Latest News MALAYSIA Na led S'NGAPORE search for loved ones 9 minutes ago Step into the world of Viking warriors 14 minutes ago Advertisement YOUNG DETECTIVE DEE AHERO\j In cinemal I W 1 BAND SHOWBIZ Myanm not
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    • 233 36 1! Phillip Futures TRADE PROFIT WIN! 1 Sep-30 Nov 1. To register, call 6538 0500 or visit www.phillipfutures.com.sg/campaign/tradingchallenge 2. Trade and make the most profits 3. Win prizes totaling more than $25,000 4$gg£)Grand Prize $8888* Second Prize $3888* I Third Prize $2888* Monthly cash prizes of up to $800 *lnclude
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  • Page 37 Advertisements
    • 258 37 Buy-To-Lease Luxury Hotel Investment DO NOT disturb person SLEEPING JNS'OE is making me money castlewood CROUP Capitalise from the booming hotel industry with over 75% occupancy year round C9 Hotelworks, 2013 Hotel Market Update Invest $35,000 Minimum investment amount SEE RETURNS WITHIN 30 DAYS YOU CAN ONLY INVEST WHEN YOUR
      258 words
    • 396 37 Financial Crisis. Lessons Learnt? UBS For an insight into the after effects of the crash, and how it could still affect your portfolio, get our experts' opinion. Don't miss this month's Substance interview. Go to ubs.com/substance or call +65 *****772 0 E0 0J£ We will not rest This material has
      396 words

  • executive Money
    • 1763 38  -  There have been 17 shutdowns from 1976-96, and this current seeming deadlock too will pass MONEY MATTERS Shane Oliver AMP Capital Investors The writer is Head of Investment Strategy and Chief Economist at AMP Capital POLITICAL dysfunction around fiscal policy is a regular occurrence in the
      1,763 words
    • 1235 36  -  It can protect against over-exposure to an over-extended stock market By NORM ALSTER NYT JITTERY investors see danger in every market thrust upwards. F or t h em stocks aren’t confirmation s o ar i n g stocks aren’t confirmation that the future looks
      NYT; PHOTO: REUTERS  -  1,235 words
    • 855 37  -  Group wants to grow in equity investment capabilities By gen@sph.com.sg GENEVIEVE CUA gen@sph.com.sg US-BASED global asset management group Legg Mason is seeking expansion in Asia, particularly in terms of its equity investment capability. Joseph Sullivan, the group’s president and chief executive,
      PHOTOS: YEN MENG JIIN, BLOOMBERG  -  855 words
  • Page 38 Advertisements
    • 83 38 V Tomorrow needs care Our continuous commitment in Asia In addition to providing global investment solutions, our Asia platform has developed local expertise and renminbi capabilities. Our commitment has always been rooted in transparency and long-term vision. Relying on these common sense values, we help you to protect, grow and
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