The Business Times, 22 October 2013

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Microfilm: NL32849
Total Pages: 31
1 32 The Business Times
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  • Title Section
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    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Tuesday, October 22, 2013
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  • Article, Illustration
    Lock icon Fair consideration also applies post-hiring
    875 1  -  Unfair HR practices to be flagged across employment spectrum, says Tan Chuan-Jin By KELLY TAY kellytay@sph.com.sg [SINGAPORE] It is not just with regard to hiring, but how firms promote, retire, and retrench their staff that could trigger additional scrutiny under the government’s Fair Consideration Framework.
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  • Article, Illustration
    Lock icon Asiasons, Blumont, LionGold stocks soar
    435 1  -  Their prices nearly double after SGX lifts trading curbs By JASMINE NG jasng@sph.com.sg [SINGAPORE] Share prices of Asiasons Capital, Blumont Group and LionGold Corp almost doubled in yesterday’s no-holds-barred trading as the market sought to put a value on the stocks after trading curbs were
    Source: Bloomberg  -  435 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,195.76 (+2.86) GST INDEX FUTURES 3,195.00 (+2.00) GSIMSCI 367.63 (+1.00) GSIMSCI FUTURES 367.90 (+0.70) US$ S$ US$ (S$ per US$) 1.241 (US$/S$ per 1.618 2.008 EURO (US$/S$/€ 1.367 1.697 Foreign currency per US$ S$ YEN 98.10 79.00 RM 3.174 2.557 HK$ 7.753 6.246 BAHT 31.08 25.04 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Monday Change KL COMP 1,802.61 +3.02 NIKKEI 225 14,693.57 +132.03 HANG SENG 23,438.15 +98.05 SET INDEX 1,448.54 -36.18 JAKARTA COMP 4,578.18 +31.61 MANILA COMP 6,597.56 -10.27 SEOUL COMP 2,053.01 +0.61 SHENZHEN B 864.39 +8.74 MUMBAI IND 20,893.89 +11.00 12noon EDT Change DOW 15,387.41 -12.24 NASDAQ 3,921.45 +7.17
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    • Article
      Lock icon PRIME RATES
      20 1 SINGAPORE MALAYSIA MALAYSIA 6.55 INDONESIA 5.00 INDONESIA 14.558 TAIWAN 5.036 US 1.475 KOREA SWITZERLAND BRITAIN 0.50 Source: Bloomberg
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      100 1 HOCK LOCK SIEW Keppel thrives despite tough environment PAGE 7 S’PORE NEWS S’pore still a viable investment spot: Chesterton S’pore PAGE 14 COMMENTARY Targeted cooling measures would be more effective SME Inc An (offshore) land of opportunity PAGE 16 PAGE 25 PROPERTY Plum school site in Swiss Club area on
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      3 1 8871 8 1^*****4
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      472 2 Fair consideration also applies post-hiring IT is not just with regard to hiring, but how firms promote, retire and retrench their staff that could trigger additional scrutiny under the Fair Consideration Framework. FRONT PAGE Asiasons, Blumont, LionGold stocks soar SHARES of Asiasons Capital, Blumont and LionGold almost doubled
      472 words
    • Article, Illustration
      Lock icon S’pore consumers expect lower inflation in next year
      596 2  -  Expectation comes as growth in emerging economies slows: survey By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] Consumers here expect inflation to keep trending downwards in the next year, partly due to tepid growth in emerging economies, such as China and India, and to moderating
      PHOTO: REUTERS  -  596 words
    • Article, Illustration
      Lock icon NMP raises SME concerns on business space costs
      715 4  -  They worry over rent hikes from private, Reit landlords; lease renewal uncertainty YESTERDAY IN PARLIAMENT By MALMINDERJIT SINGH msingh@sph.com.sg [SINGAPORE] Now that small and medium-sized enterprises (SMEs) have accepted that manpower challenges have become a reality, they have a new area of
      715 words
    • Article, Illustration
      Lock icon Firm benefits from this year’s F1 race
      342 4  -  Singapore GP doing well despite rival venues, says Iswaran By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] Economic benefits from this year’s Formula One (F1) Singapore Grand Prix are expected to hold steady as the night race continues to reel in race-goers. “The Formula One (F1)
      PHOTO: AP  -  342 words
    • Article
      Lock icon Proton and Perodua drive strong growth in M’sian car sales
      434 4  -  B)’. S JAYASANKARAN in Kuala Lumpur SALES of automobiles surged last month, suggesting that Malaysia’s growth is not slowing significantly. The Malaysian Automotive Association revealed last Friday that the car industry’s total industry volume (TIV) last month surged 7.5 per
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    • Article, Illustration
      Lock icon Export slowdown adds to doubts for Japan’s recovery
      915 4  -  BY/ ANTHONY ROWLEY in Tokyo JAPAN’S economy is “making steady progress towards achieving the Bank of Japan’s 2 per cent inflation target”, BoJ governor Haruhiko Kuroda claimed yesterday. But a slowdown in September exports, amid signs that the boost from a weaker
      PHOTO: AFP  -  915 words
    • Article
      Lock icon EU to enact strict data protection laws
      529 4 AP [BRUSSELS] European Union lawmakers were set to hold a first vote later yesterday on sweeping new data protection rules to strengthen online privacy and outlaw most data transfers to other countries’ authorities to prevent spying. The draft regulation was beefed up after
      AP  -  529 words
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      435 2 Our Yuan specialisation has made us leaders As the first bank to offer a complete suite of RMB investment products to investors like you, we present attractive RMB Time Deposit rates plus the widest range of RMB funds. At Bank of China, we are your RMB specialist. We distribute the
      435 words
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      30 3 Asset Management Wealth Management Asset Services Entrepreneurs are very good at spotting ideas. And advisers. f Hong Kong: +852 3191 1805 Singapore: +65 6536 1805 askasia@pictet.com www.pictet.com 18 0 5
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      171 5 BANKOFSINGAPORE International Private Banking The only thing more gratifying than having a wealth of expertise is being recognised for it. We are honoured to receive the 'Outstanding Private Bank'award for two years-2011 and 2013. OUTSTANDING PRIVATE BANK ASIA PACIFIC 2011 2013 tnwlrk PRIVATE BANKER Bank of Singapore has continued its
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  • COMPANY NEWS
    • Article
      Lock icon HPH Trust’s Q3 earnings down 8.4%
      464 6  -  HK$539.2m profit translates to EPU of 6.19 HK cents; revenue flat By JOYCE HOOI joyceh@sph.com.sg HIGHER interest and other finance costs as well as lower contributions from joint ventures resulted in an 8.4 per cent decline in profit attributable to the unitholders of Hutchison
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    • Article, Illustration
      Lock icon ValueMax plans to raise $70.4m in IPO
      416 6  -  By JASMINE NG jasng@sph.com.sg VALUEMAX Group, Singapore’s biggest pawnbroking chain by revenue, is seeking about $70.4 million in an initial public offering to expand its business. The company, set to be Singapore’s first pawnbroking chain to list on the mainboard, plans to offer
      FILE PHOTO  -  416 words
    • Article
      Lock icon Frasers Centrepoint Trust DPU rises 10% in Q4
      431 6  -  Full-year DPU hits new high of 10.93 cents By MINDY TAN tanmindy@sph.com.sg FRASERS Centrepoint Trust (FCT) posted a distribution per unit (DPU) of 2.98 cents for the fourth quarter ended September, up 10 per cent from 2.71 cents a year ago. This
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    • Article
      Lock icon Keppel thrives despite tough environment
      997 7  -  HOCK LOCK SIEW By LISA LEE lisalcc@sph.com.sg KEPPEL Corp’s recent strong set of quarterly results should position the group to achieve projected FY2013 net profit of $1.5 billion, which falls within the mean full-year estimates of the top 10 equities research firms covering the stock.
      997 words
    • Article, Illustration
      Lock icon Analysts upbeat on Keppel’s strong margins
      622 12  -  Order book still healthy despite lower rig-building revenue in Q3 By MALMINDERJIT SINGH msingh@sph.com.sg ANALYSTS are bullish about Keppel Corporation and its offshore marine segment, even though its rig building business turned in lower revenue and net profit for the latest quarter. Last week,
      FILE PHOTO  -  622 words
    • Article, Illustration
      Lock icon Blackstone opens Singapore office
      411 12  -  By CAI HAOXIANG haoxiang@sph.com.sg LURED by opportunities in emerging Asia, alternative asset management giant Blackstone officially opened its Singapore office yesterday, joining rival KKR Co in adding staff here to grow its business. Blackstone’s Singapore office will employ 35 staff across the firm’s private equity, real
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    • Article
      Lock icon TTJ gets $41m deals for Downtown Line 2 jobs
      315 12  -  Midas wins $34.2m parts contract for China bullet trains By JASMINE NG jasng@sph.com.sg TTJ Holdings has clinched new contracts worth $41 million. The structural steel specialist said yesterday that it had re-secured the sub-con-tracts from McConnell Dowell SEA to supply, fabricate
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    • COMPANY BRIEFS
      • Article
        Lock icon Civmec boosts order book by $210m
        68 12 CONSTRUCTION and engineering company Civmec Ltd announced it had won $210 million worth of new contracts since its last announcement in end-July, boosting its order book to $330 million. The contract wins include structural mechanical piping works for a Rio Tinto iron ore plant,
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      • Article
        Lock icon Indofood to keep China Minzhong listed
        88 12 PT Indofood Sukses Makmur plans to keep China Minzhong listed on the mainboard of the Singapore Exchange, despite the public float falling to 4.4 per cent below the 10 per cent minimum needed to stay listed on settlement of the valid acceptances. As at
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      • Article
        Lock icon Investor Relations Highlights
        225 12 ShareInvestor A SUBSIDIARY OF Sfh CNA Group Won Over S$8.5m In New Projects In Asia Mainboard-listed CNA Group Ltd. announced that it won approximately S$8.5 million worth of new projects in Asia. The new project wins include: (i) Integrated building management system for Tanjong Pagar Centre Singapore’s
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      • Article
        Lock icon UEL to expand Shandong presence
        60 12 UNITED Envirotech is in a 105 million yuan (S$21 million) deal to acquire an existing treatment plant at Qixia City and expand its production. The project, to be completed by the third quarter next year, will be funded by the proceeds from UEL’s last convertible
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      • Article
        Lock icon Chasen gets new CFO
        35 12 CHASEN Holdings yesterday appointed Ben Teo Teck Sing, 44, as its chief financial officer. Mr Teo replaces Chew Choy Seng, 60, who is leaving to pursue personal interests, the company said.
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      • Article
        Lock icon Petra Foods in dispute with Barry Callebaut
        134 12 PETRA Foods is in a dispute with Zurich-based chocolate manufacturer Barry Callebaut over the sale of its cocoa ingredients division. The agreement they signed, with sales proceeds initally estimated at US$860 million, allowed Barry Callebaut to seek a closing price adjustment “if necessary
        134 words
    • Article
      Lock icon SGX, Shanghai exchange to develop commodity products
      236 12  -  BY‘ JASMINE NG jasng@sph.com.sg SINGAPORE Exchange (SGX) is in a tie-up with the Shanghai Futures Exchange to develop commodity derivatives for both markets. The two exchanges signed a memorandum of understanding to develop derivatives for energy, metals, chemicals and commodity indexes, SGX said
      236 words
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      314 6 k iXOXKple* Nam ojtsjs Mort> ut m Nufcm enm l! SebdBfcnlnauiiiiiYdam Praoertrna/isarOelmot IV Vi kV JAY jr Aa i v i Li i TECHNOLOGY, PRODUCTIVITY PROFITABILITY LIANHE ZAOBAO INFOCOMM SEMINAR FOR SMEs 2013 15 November 2013, Friday, 2pm 5pm Mandarin Orchard Hotel, Grand Mandarin Ballroom (Level 6) Registration fee: $38
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      609 7 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION. VOLUNTARY CONDITIONAL CASH PARTIAL OFFER (“OFFER”) PRIMEPARTNERS CORPORATE FINANCE PTE. LTD. (Company Registration No. *****7398D) (Incorporated in Singapore)
      609 words
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      445 8 / 9 Cltl SinGAPORE AIRLIHES A great way to fly A STAR ALLIANCE MEMBER f > Let the journey begin. The NEW Citi PremierMiles American Express® Card gives you all the privileges of two world-class names. Miles 1 that never expire 2.5 miles 2 earned per $1 spent on Singapore Airlines, SilkAir
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Penny stocks in play as US worries fade
      558 10  -  Lifting of ‘designated securities’ status of Asiasons Capital, Blumont and LionGold helps them to rally sharply STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent THE resolution of the US government’s shutdown, together with the increasing likelihood that the US Federal Reserve will only start
      Source: Bloomberg  -  558 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 10 Oct 21 VALUE CLOSE BT OB/OS 53.00 +482.00 BT CADI -*****.00 +174.00 BT 10-day MA -*****.00 +5.00 FTSE ST Mid Cap 742.82 +6.21 FTSE ST Small Cap 541.86 +4.70 FTSE ST All Share 777.34 +2.15 FTSE ST China Top 206.27 +0.46 FTSE ST China 234.12 +0.06 FTSE
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 0 6 0 0 0 9 0 6 Manufacturing 79 25 40 12 2 12 91 27 52 Commerce 31 13 17 9 2 2 40 15 19 Tpt/Stor/Comms 16 12 11
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    • Article
      Lock icon BROKERS’ TAKE
      943 10  -  Compiled by JOYCE HOOI CapitaCommercial Trust Oct 21 close: $1.45 DBS Group Research, Oct 21 Q3 2013 results in line. CapitaCommercial Trust (CCT) announced gross revenue of $95 million (-0.6 per cent y-o-y) and net property income of $72.6 million (-3.5 per cent y-o-y). The lower rental income
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 15,117 15,117 58,099 58,099 Manufacturing 498,236 169,308 667,544 166,064 9,082 175,146 Commerce 774,995 311,983 1,086,978 112,431 17,888 130,320 Tpt/Stor/Comms 374,591 27,124 401,715 170,121 11,155 181,277 Finance 558,299 299 558,598 183,785 123 183,907 Construction 216,679 155,524
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 10 Stock name Close Change CapMallsAsia 1.990 +0.010 CapitaLand 3.180 CapitaMall 1.980 CityDev 10.48 +0.010 ComfortDelGro 1.920 +0.010 DBS Grp 16.60 +0.040 GLP 3.100 Genting SP 1.500 +0.030 Golden Agri 0.540 +0.010 HK Land 6.320 -0.060 HPH Trust US$ 0.765 -0.010 JMH 54.00 -1.620 JSH 33.83 -0.300
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    • Article, Illustration
      Lock icon US$ gains vs yen, Swiss franc before jobs data
      577 10 CURRENCIES Reuters [LONDON] The US dollar rose against the yen and the Swiss franc yesterday as some investors positioned for a strong US jobs data reading today, which could revive debate about when the Federal Reserve will scale back monetary stimulus.
      Reuters; PHOTO: AFP  -  577 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      54 10 VOLUME Innopac 533,314,000 Sunmoon 306,001,000 Digiland 293,075,000 Ace Achieve 259,866,000 Albedo 210,143,000 Blumont 177,922,000 Asiasons 169,185,000 IPCO Intl 158,108,000 YHM 143,107,000 Metech Int 131,794,000 VALUE($) DBS Grp 59,916,198 OCBC Bk 56,627,930 SingTel 51,947,606 Noble Grp 49,238,295 Genting SP 49,192,480 Keppel Corp 41,217,500 Blumont 39,850,940 Asiasons 37,718,059 Ascendasreit
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    • Article
      Lock icon RISES
      112 10 BY CENTS CLOSE UP DBXT SPASX200 10US$ 4139 780.7 17.9 DBXT S&P500 10US$ 2868 144.0 4.2 DBXT MSEurope 10US$ 5756 38.5 0.5 DBXT FTVietnam 10US$ 2419 37.2 1.3 DBXT CSI300 10US$ 758 18.6 2.0 DBXT MSINDO 10us$ 1342 18.6 1.1 Lyxor ThaiSET 10US$ ***** 18.6 0.1 DairyFarm 1103 17.4
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    • Article
      Lock icon FALLS
      121 10 BY CENTS CLOSE DOWN JMH 5400 -201.1 -2.9 JSH 3383 -37.2 -0.9 DBXT S&P Short 10US$ 2765 -23.6 -0.7 SPDR DJIA 10US$ ***** -19.9 -0.1 STXPO 100 195 -15.0 -7.1 Petra 350 -10.0 -2.8 DBXT FTChina25 10US$ 2978 -7.5 -0.2 HK Land 632 -7.5 -0.9 OCBC Bk 1036 -6.0
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      Lock icon FTSE ST CATALIST INDEX
      5 10 DAILY
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      86 11 PPL Shipyard Congratulates oro negro on the naming of Fortius P2037By Guest of Honour and Lady Sponsor Ms Elena Cortina PPL Pacific Class® 400 Jack Up Drilling Rig 22 nd October 2013 ill ill ill iH 7f\ iH ill ill ill ill 7f\ ill ill ~ll ill ill ill ill
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      431 12 OCBC Securities Sharelnvestor Presents The Intelligent Inv&stop I Investing in today’s market can be challenging but it is not impossible to beat the market. npossiblelobeal i Ta The Intelligent Investor takes a look at the investment strategies adopted by world famous investors in bull and bear markets; and explains why
      431 words
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      Lock icon Page 12 Advertisements Column 2
      16 12 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements NOTICES
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      133 13 REALIZING DREAMS, INSPIRING GENERATIONS Generations of entrepreneurs have been inspired by stories of those who succeeded. This year, we recognize three leading entrepreneurs who have realized their dreams and defined their own unique success stories. One of them will represent Singapore at the illustrious EY World Entrepreneur Of The Year
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  • SINGAPORE NEWS
    • Article
      Lock icon S’pore Pinnacle Notes investors join class action
      515 14  -  US court gives green light for suit to include all investors 6)’ GRACE LEONG gleong@sph.com.sg THOUSANDS of Pinnacle Notes retail investors in Singapore are now part of a US$154.7 million class-ac-tion suit brought against Morgan Stanley in New York after the US federal
      515 words
    • Article, Illustration
      Lock icon S’pore still a viable investment spot: Chesterton Singapore
      865 14  -  Overseas investors see the Republic as a safe haven to park their money By MINDY TAN tanmindy@sph.com.sg MORE foreign investors and investment funds are likely to descend on Singapore in the next 12 months, as confidence in local market continues to ride
      PHOTOS: ARTHUR LEE  -  865 words
    • Article
      Lock icon SkyPark Residences tops 2013's electronic applications for ECs
      193 14 THE 506-unit SkyPark Residences received 1,604 applications more than three times the number of units available at the close of e-applications on Sunday. The executive condominium (EC), which is located in Sembawang, drew applications from upgraders islandwide; a higher proportion of applicants
      193 words
    • Article, Illustration
      Lock icon Graphene research making waves here
      323 14  -  Material used for higher capacity hard disk drives BY LEE MEIXIAN leemx@sph.com.sg RESEARCH is now being done here into using graphene to make a new generation of hard disk drives which can store tens of terabytes of information, versus the current capacity of gigabytes. The
      323 words
    • Article
      Lock icon NTU, NUS among top 20 in FT’s exec MBA rankings
      285 14  -  NTU debuts at No 13, NUS up nine places to No 17 spot By CARINE LEE carinel@sph.com.sg THE executive MBA (EMBA) programmes at Singapore’s National Technological University (NTU) and National University of Singapore (NUS) ranked among the top 20 of
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    • SINGAPORE ROUNDUP
      • Article
        Lock icon SMRT to bring in 600 Prius Hybrid taxis
        110 14 SMRT Corp yesterday announced it will be bringing in over 600 Prius Hybrid taxis next year, making it the largest Hybrid fleet owner in Singapore. With this, environmentally friendly taxis will now account for about one-fifth of SMRT’s total fleet of more
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      • Article
        Lock icon Study on laundering, terror financing risks
        92 14 SINGAPORE has launched a comprehensive assessment of money laundering (ML) and terrorist financing (TF) risks in the country. Called the National Risk Assessment (NRA), the risk audit will look at the financial sector and designated non-financial businesses and professions here. The NRA will culminate
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      • Article
        Lock icon Three new full-time degrees from UniSIM
        52 14 SIM University (UniSIM) will launch three full-time applied degree programmes in August 2014, with a pioneer intake of up to 200 students. The three programmes are in Finance and Marketing both of which may be taken with a minor chosen from a prescribed list
        52 words
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      73 14 The Ew;cn; MWs ACADEMY 2014 Participate in the NO. 1 CHILDREN'S EDUCATION SHOW! Singapore Expo Hall 6A 13 15 June 2014 111am 9pm BOOK NOW! Limited Booths available! fa -r* For more information, please contact Ms Adeline Goh 9681 8289 gohtna@sph.com.sg Mr Jeffrey Foo 9008 9391 jefffoo@sph.com.sg www.thekidzacademy.com.sg Organised by:
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      5975 15 VOLUNTARY CONDITIONAL OFFER by C0SAC Capital SAC CAPITAL PRIVATE LIMITED (Company Registration Number: *****1542N) (Incorporated in the Republic of Singapore) for and on behalf of 1. t.t 1.2 2. 3. 3.1 3.2 3.3 3.4 3.5 4. 4.1 5. 5.1 5.2 6. 7. 7.1 7.2 7.3 7.4 8. 9. 9.1 NEW
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  • SME Inc
    • Article, Illustration
      Lock icon An (offshore) land of opportunity
      1519 16  -  By WANG XIN MIN HILE oil rigs and marine equipment do not often come to mind when one thinks of Bintan, this may soon change with the vision of Tan Soon Keong and Thorben Fong, executive director and managing director, respectively of offshore and marine
      PHOTO: ARTHUR LEE  -  1,519 words
    • Article, Illustration
      Lock icon Why a franchise can be a smart move
      894 17  -  Take the guesswork out of being your own boss by buying into a market-tested brand with a ready customer base COMMENTARY By GLENDON CHEOK The writer is head of operations at the Franchising and Licensing Associa tion (Singapore) BEHIND every successful entrepreneur
      PHOTO: AFP  -  894 words
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      356 16 NSBIF 2013 is organized by the Nigeria High Commission in collaboration with the Singapore Business Federation (SBF) and International Enterprise (IE) Singapore. NSBIF 2013 will bring together both public and private sector officials from Nigeria and Singapore to explore Business and Investment opportunities. It is therefore, intended for policy makers,
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      486 17 HAVE an interesting story on an SME to share? Drop us a note on why you think the company should be featured in our weekly SME Inc pages, with details such as how the company has grown and its expansion plans. Send your e-mail to Felda Chay at feldac@sph.com.sg with
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon M’sia to evaluate effects of joining TPP trade pact
      590 18 National bumiputra agenda unit and leading think-tank to spearhead study [KUALA LUMPUR] The benefits and cost of Malaysia participating in the Transpacific Partnership (TPP) will be scrutinised by its leading think-tank and a national bumiputra agenda unit. The International Trade and
      PHOTO: AP  -  590 words
    • Article, Illustration
      Lock icon Rothschild chides Bumi over ex-director’s deal with Inter Milan
      275 18 Bloomberg [LONDON] Nathaniel Rothschild said the investment in soccer club Inter Milan by a former Bumi Plc director who is due to return US$173 million to the coal producer shows the company’s inaction in recovering missing funds. Bumi said in June
      Bloomberg  -  275 words
    • Article
      Lock icon KL keeps eye on risk of asset bubble and financial stability: Zeti
      358 18 [KUALA LUMPUR] Malaysia continues to be proactive in ensuring financial stability and avoiding excessive credit risks to the economy, said Bank Negara Malaysia governor Zeti Akhtar Aziz. “We have and will continue to address many of the issues
      358 words
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      758 18 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 work.
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  • GREATER CHINA/INDIA
    • Article
      Lock icon China looking to grow local govt debt market
      665 19 Legitimate market would improve transparency in borrowings Reuters [SHANGHAI] China may decide next month to expand a trial programme allowing local governments to sell bonds, in response to concerns that their huge borrowings are largely hidden from view and pose a risk
      Reuters  -  665 words
    • Article
      Lock icon Coal India stokes investor interest for US$1.6b share sale
      373 19 Bloomberg [NEW DELHI] Coal India Ltd chairman S Narsing Rao will meet investors this week to stoke interest for a US$1.6 billion share sale even as analysts slash their earnings estimates for the world’s biggest miner of the fuel. A roadshow
      Bloomberg  -  373 words
    • Article, Illustration
      Lock icon China urges economic policy implementation
      409 19 It says foundations of economic rebound are ‘not yet firm’ Bloomberg [BEIJING] China’s central government has called for “unrelenting” implementation of its economic policies and reform measures to consolidate the nation’s recovery from a two-quarter slowdown and improve the quality of growth. While the economy
      Bloomberg; PHOTO: BLOOMBERG  -  409 words
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      198 19 I IN SEARCH OF INCREDIBLE ASUS recommends Windows. MHM wl i C wm m. m itiii mk -"VI Mr. m m Li I A fc #s 9 i I I K ASUSPRO SERIES Quality You Can Rely on Enhanced Security With features such as Intel Anti-Theft, Computrace LoJack, TPM, ASUS
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  • WORLD
    • Article
      Lock icon Europe to tighten bank stress test rules
      570 20 Move to ensure that EU banks don’t obscure books ahead of assessment Reuters [LONDON] Europe’s top banking regulator has set out rules to ensure EU banks cannot rely on national definitions to obscure the true state of their books in an upcoming assessment
      Reuters  -  570 words
    • Article
      Lock icon France, Mexico seek US reply to spy charges
      533 20 AFP [PARIS] France and Mexico have angrily demanded prompt explanations from the United States following “shocking” new spying allegations leaked by former US security contractor Edward Snowden. The reports published in French daily Le Monde and German weekly Der Spiegel revealed that
      AFP  -  533 words
    • Article, Illustration
      Lock icon Bangladesh factory owners offer higher wages
      730 20 Bosses looking at raising prices they charge retailers Reu ters [DHAKA] Bangladesh’s garment factory owners are pencilling in a minimum wage increase of about 50 to 80 per cent and will ask retailers to pay more to defray the cost, as the government tries
      Reuters; PHOTO: REUTERS  -  730 words
    • Article
      Lock icon French group wins £16b deal for British nuclear power plant
      621 20 EDF will partner two Chinese nuke firms in the project AFP [LONDON] French energy giant EDF yesterday said it had clinched a deal worth £16 billion (S$32 billion) to build Britain’s first new nuclear plant for a generation, with Chinese
      AFP  -  621 words
    • Article
      Lock icon AT&T, Crown Castle in wireless towers deal
      623 21 US phone company to sell or lease 9,700 towers to Crown for US$4.85b Bloomberg [NEW YORK] AT&T Inc, the largest US phone company, agreed to sell or lease 9,700 wireless towers to Crown Castle International Corp for US$4.85 billion as it looks to
      Bloomberg  -  623 words
    • Article, Illustration
      Lock icon MasterCard, Visa making inroads but cash is still king in Myanmar
      739 21 Travellers advised to bring their own crisp dollar notes Bloomberg [SINGAPORE] A year ago, Myanmar had no automated teller machines (ATMs) and not a single hotel or restaurant able to swipe the credit cards proffered by throngs of foreigners
      Bloomberg; PHOTO: REUTERS  -  739 words
    • Article, Illustration
      Lock icon Playing it safe in emerging markets
      737 22 Current-account deficits, structural weaknesses keep investors at bay Bloomberg [WASHINGTON] Emerging markets risk shattering into BIITS. Investors in these markets are becoming more discerning about where they put their money, shying away from countries such as Brazil, India, Indonesia, Turkey and South Africa (BIITS).
      Bloomberg; PHOTO: AFP  -  737 words
    • Article
      Lock icon Thai floods force 17 factories in Amata to shut
      372 22 Re uters [BANGKOK] Seventeen factories were temporarily shut yesterday in a major Thai industrial zone dominated by foreign companies, after flood waters blocked nearby roads, a senior official said. But the official did not identify the stricken plants at the Amata
      Reuters  -  372 words
    • Article
      Lock icon Existing home sales down 1.9% in Sept
      458 22 Decline due to higher mortgage rates, rising prices LATEST US DATA AP [WASHINGTON] Americans bought fewer existing homes in September than the previous month, held back by higher mortgage rates and rising prices. The National Association of Realtors said yesterdaythat sales of re-sold
      AP  -  458 words
    • Article, Illustration
      Lock icon Deutsche Bank steps up probe into Libor manipulation: source
      285 22 Reuters [FRANKFURT] Deutsche Bank has widened an internal probe into possible manipulation of the Libor benchmark interest rate after discovering a new chatroom where traders may have colluded, a source familiar with the matter said yesterday. Another source said that Deutsche
      Reuters; PHOTO: REUTERS  -  285 words
    • Article
      Lock icon Zimbabwe needs US$5.3b platinum investment
      342 22 Bloomberg [HARARE] Zimbabwe needs investment of as much as US$5.3 billion and stable mining policies if it’s to boost platinum output to a point where it can rival Russia as the world’s second-biggest producer of the metal, an industry organisation said. To increase production to
      Bloomberg  -  342 words
  • Page 20 Advertisements
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      Lock icon Page 20 Advertisements Column 1
      1237 20 TENDER NOTICE Land Bank of Taiwan, Singapore Branch Land Bank of Taiwan, Singapore Branch invites tenders from Certified Companies for the Computer Server and relevant Accessories. Eligibility: Tenderers must be qualified by Accounting and Corporate Regulatory Authority Singapore (ACRA). Collection of Tender Specification: Technical Specifications are obtainable from Land Bank
      1,237 words
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  • Page 21 Advertisements
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      150 21 Broaden your international outlook with a Master’s degree. It’s possible. Edinburgh Napier UNIVERSITY One of the Top 10 UK universities for “getting a job” (The Telegraph, 2012) Industry-informed programmes designed for today’s global economy Lectures will be delivered by faculty members direct from Edinburgh Napier University Distinguish yourself in this
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      189 21 ESSEC Advanced Master in Financial Techniques Singapore, Paris fl f 2 1 8®/' i w 1 mum' Master the Complexity of Finance A cross continental learning experience between Europe and Asia Personalized mentoring and coaching Powerful Alumni network in the most reputed financial institutions ft As a young engineer, I
      189 words
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  • Page 22 Advertisements
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      212 22 Often, we overlook the pitfalls of investing and we lose our investment capital. At times, we wonder how we can stretch our dollars and invest to grow our nest eggs. This book analyses the different financial instruments available, such as savings, insurance, stocks and property investments to give us a
      212 words
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      Lock icon Page 22 Advertisements Column 2
      1 22 lifestyle.omy.sg
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  • AVIATION
    • Article
      Lock icon Bizjet market taking off again after downturn
      556 23 Turnaround with big companies upgrading to larger and longerrange aircraft in US Bloomberg [LAS VEGAS] US corporations including McDonald’s and BlackRock are starting to return to the business-jet market after putting off aircraft upgrades since the recession five years ago. Buyers are opting
      Bloomberg  -  556 words
    • Article, Illustration
      Lock icon Lion Air makes Bangkok one of its hubs
      485 23 [BANGKOK] Lion Air, the Jakarta-based low-cost carrier, will use Bangkok as one of its hubs to strengthen its network connectivity. It hopes to play a bigger role in the Thai and regional aviation markets, drawing on Indonesia’s strength as a popular tourist
      PHOTO: BLOOMBERG  -  485 words
    • Article
      Lock icon Airbus aims to double market share in Japan by 2020
      374 23 Bloomberg [TOKYO] Airbus SAS, which won its first order from Japan Airlines this month, intends to double its market share in the country by 2020 as air travel demand climbs. The European manufacturer’s planes will make up 25 per cent
      Bloomberg  -  374 words
    • Article, Illustration
      Lock icon Viet airline industry soaring on local, foreign demand
      534 23 Reuters [HANOI] Vietnam’s fledgling airline industry is poised for a boom as local competition heats up with fleet expansions, new routes and planned share offers that are set to make it one of the world’s three fast-est-growing markets. Even as the local
      Reuters  -  534 words
    • Article
      Lock icon Bombardier eyeing China market
      312 23 Bloomberg [MEXICO CITY] Bombardier’s agreement to sell as many as 30 CSeries aircraft to a Chinese leasing company may prompt fresh deals with customers from the Asian nation for the world’s third-largest aeroplane maker, chief executive Pierre Beaudoin said. The conditional deal with CDB Leasing Co,
      Bloomberg  -  312 words
    • Article
      Lock icon TRANSPORT STOCKS
      245 23 SGX '000 Oct 21 S$ +/-Vol Ch Offshore '000 Chuan Hup Hldg 0.29 0.01 116 Cosco Corp 0.81 -0.01 2295 Cwt Limited...............1.40 unch 208 Ezra Hldgs 1.24 0.02 ***** First Ship Lea 0.09 unch 93 Freight Links 0.10 unch 6437 Grand Banks 0.23 unch 173 Jaya Hold Ltd
      245 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      349 23 CRYPTIC CROSSWORD Across 1 Impetus given by financial set-up covering hotel (6) 4 Especially lovable possibly after answer (5,3) 10 Urgent note given to press and TV after one married (9) 11 Genuine male domain (5) 12 Mother is French and runs international experts (7) 13 Does without love and
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  • EDITORIAL & OPINION
    • Article
      Lock icon More drama looms next year in Washington
      467 24 EDITORIAL LAST week’s deal to end the US federal government shutdown and raise the US$17.6 trillion debt limit amounted to nothing more than a ceasefire in the partisan fiscal battle: Funding of the federal government until Jan 15 and raising the debt ceiling
      467 words
    • Article, Illustration
      Lock icon Tapering of QE will be based on US conditions
      852 24  -  THE BOTTOM LINE SIMON JOHNSON The writer is a professor at MIT’s Sloan School of Management and the co-author of ‘White House Burning: The Founding Fathers, Our National Debt, And Why It Matters To You Project Syndicate FINANCIAL volatility since Federal
      Project Syndicate  -  852 words
    • Article, Illustration
      Lock icon Gauging ‘real’ progress beyond GDP growth
      960 24  -  A Standard Chartered index uses a broader range of measures and not just GDP By JOHN CALVERLEY John Calverley is head of macroeconomic research at Standard Chartered Bank VER the last decade, emerging economies have made huge strides in “real” development. By “real” development,
      PHOTO: REUTERS  -  960 words
    • Article, Illustration
      Lock icon Targeted cooling measures would be more effective
      1387 25  -  Curbs such as ABSD and TDSR do not seem to have produced the desired results By KU SWEE YONG Ku Swee Yong is a property agent and the CEO of real estate sales organization Century 21 Singapore Holdings Pte Ltd. He is the
      Source: Century 21 Singapore  -  1,387 words
    • Article, Illustration
      Lock icon Walmart move to back out may benefit India
      983 25  -  YOGI AGGARWAL WALMART has been flexing its muscles in India. It has ended a six-year joint venture with the giant Bharati Enterprises that operated 20 wholesale outlets for bulk supply to retailers, hotels and restaurants. The arrangement was precursor to opening a
      PHOTO: BLOOMBERG  -  983 words
    • Article
      Lock icon Bar entry when traffic threshold reached
      497 25 LETTER TO THE EDITOR WE have heard various suggestions to tweak the certificate of entitlement (COE) system and change road pricing to influence driving behaviour, including charging motorists based on time spent on the road. All these suggestions still revolve around existing COE and
      497 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      50 26 PLACE YOUR AD HERE THE BUSINESS TIMES Shipping times CALL JOE WONG AT 9620 1327 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? II
      50 words
  • Article
    Lock icon SHIPPING TIMES
    1340 26 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 ROAD #02-02 THE
    1,340 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3175 27 Transaction date: Oct 21 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 15 11.5 8Telecom M Cap High Low Company 75 57 ASL Marine
      3,175 words
    • Article
      Lock icon SGX CATALIST
      263 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 2.4 1.3 t Advanced System 1.4 unch 1000 1.4 1.4 1.4 1.5 22.3 Last Quote Div Gr Yld Net M Cap High
      263 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11275 28 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.47/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Asian Smaller Cos'" 1 9767/ fM local Ccy Bond 0 9252/ European Opportunities!" 1.2621/ Global Emerging Markets!" Global Opportunities/ 1
      11,275 words
    • Article
      Lock icon GLOBALQUOTE
      262 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 $mil 61 27 AVJennings A57 +1 5 57 57 56.5 58 3.6 6.1 4.6 211 52 31 Genting HK US$ US42.5 -0.5 6389 43 42 42.5 43 2798.4
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    • Article
      Lock icon SGX ETF
      848 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 $mil Low 143 125 CIMB APAC Div 100S$D 130.8 130.8 131.7 114.4 99.2 CIMB APAC Div 100US$ US104.4 105.7 106.4 11 1510 1192 CIMBASEAN40 100S$D 1340 0
      848 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      585 29 Oct 21 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.03 *****.85 *****.03 Dec13 *****.00 *****.00 *****.00 *****.00 ***** *****3 Mar14 *****.00 *****.00 *****.00 *****.00 2 322 MSCI TAIWAN INDEX FUTURES SPOT 298.30 299.05 296.62 Oct13 297.90 299.30 297.10 297.40 ***** *****7 Nov13 297.30
      585 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 29 In local curr In S$ In US$ dy yr dy yr dy yr Oct 18 Index Change Change Change Change Change Change World Preliminary 1129.8 0.5 20.4 0.3 20.8 0.6 19.2 EAFE Preliminary 925.0 0.6 19.4 0.5 18.6 0.8 17.1 Europe Preliminary 1322.4 0.8 15.3
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 29 Oct 21 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.995 5.888 0.707 7.494 59.407 109.752 0.948 10.265 3.068 1.141 102.831 41.695 1.200 9.500 0.874 28.425 30.040 0.598 0.967 Canada 1.005 5.916
      471 words
    • Article
      Lock icon SIBOR
      38 29 Oct 21 (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$) (S$) 3 mths ..0.***** Source: Thomson Reuters
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    • Article
      Lock icon GOVERNMENT SECURITIES
      84 29 Oct 21 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****N 21-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-16 101.85 5-Year N*****0T 0.5 01-Apr-18 98.51 10-Year NX*****H 2.750 01-Jul-23
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    • Article
      Lock icon PRECIOUS METALS
      137 29 Oct 21 GOLD(US$/oz) Oct 21 Oct 18 Hong Kong 1326.00 1326.00 Oct 18 Oct 17 London 1315.95 1319.10 1316.68 1319.97 Source: Thomson Reuters CAST BAR Oct 21 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 118 52 5gm 335 262 10gm 599 524
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    • Article
      Lock icon PALM OIL
      57 29 Oct 21 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 13 2421.0 2431.0 2432.0 2417.0 388 6232 Dec 13 2434.0 2437.0 2443.0 2417.0 3984 ***** Jan 14 2440.0 2437.0 2446.0 2418.0 ***** ***** Feb 14 2443.0 2438.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 29 Oct 21 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1994 1.2001 0.9663 0.9668 Canadian dollar 1.2050 1.2058 0.9714 0.9709 Euro 1.6970 1.6974 1.3672 1.3674 NZ dollar 1.0508 1.0516 0.8466 0.8472 Sterling pound 2.0074 2.0082 1.6173 1.6178
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 29 Oct 18 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 13 1291.25 1293.25 1301.50 1287.50 Jan 14 1289.75 1289.50 1297.75 1284.25 Mar 14 1272.75 1273.25 1280.00 1268.00 May 14 1257.25 1257.75 1263.50 1252.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 13
      109 words
    • Article
      Lock icon LIFFE
      95 29 Oct 18 COCOA (£/tonne) Close Prev High Low Dec 13 1731 1768 1765 1720 Mar 14 1721 1758 1755 1711 May 14 1714 1751 1745 1705 Jul 14 1711 1746 1740 1700 COFFEE(US$/tonne) Close Prev High Low Nov 13 1631 1639 1648 1627 Jan 14 1618 1633 1641 1616
      95 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1135 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 20.5 1 32 0.0 5 -81 57 Asia-Pacific Strategic W*****6 Ratio Acma Ltd W*****7 Price Prem Allied Technologies W*****1 0.1 unch 117 1 4 1 Ascendas Reit MB
      1,135 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 29 CRUDE OIL PRODUCTS Oct 18 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.74 0.37 WTI (Near Mth) 100.78 0.09 Dubai (1-Mth F) 106.03 -0.67 Tapis blend 117.62 -1.07 Minas 108.62 -1.07 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 101.61 -0.78 Jet Kerosene 123.47 -1.21 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 29 Oct 21 S$ Bid Offer 1-month 1.2412 1.2413 2-months 1.2411 1.2412 3-months 1.2411 1.2412 6-months 1.2407 1.2409 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      66 29 Oct-18 Oct-18 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1802.25 1804.00 3 months 1847.00 1850.00 Copper, Grade A(US$/tonne) Cash 7221.75 7205.00 3 months 7245.00 7230.00 Lead(US$/tonne) Cash 2152.50 2152.50 3 months 2175.50 2176.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 29 As at 9am Oct 21 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.224 1.166 Can dollar 1.227 1.180 Euro 1.734 1.652 Sterling pound 2.040 1.962 NZ dollar 1.076 1.035 US dollar 1.264 1.204 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      154 29 Oct 21 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.05 US$ 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
      154 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Stordalen returns to scene of his biggest failure
      890 30 And now, having learned his lessons, the hotel billionaire is a roaring success Bloomberg [OSLO] Billionaire Petter A Stordalen, Scandinavia’s biggest hotel owner, says the one time in his career he did everything wrong ended up being a lesson in how to
      Bloomberg  -  890 words
    • Article
      Lock icon Confidence in Aussie market growing: survey
      408 30 But construction sector not optimistic in the short term Xinhua [SYDNEY] Underlying confidence in the Australian property market is growing despite a national survey released yesterday failed to identify clear evidence of a recovery. According to the Master Builders’ (MBA) National Survey of Building
      Xinhua  -  408 words
    • Article
      Lock icon Homes in big German cities overvalued by 20%
      214 30 Bloomberg [BERLIN] Apartments in Germany’s largest cities may be overvalued by as much as 20 per cent as home construction fails to keep up with demand, the Bundesbank said. Apartment prices in parts of Berlin, Hamburg, Munich, Cologne, Frankfurt, Stuttgart and Dusseldorf
      Bloomberg  -  214 words
    • Article, Illustration
      Lock icon 20th storey of Peninsula Plaza for sale at $21m
      425 31  -  Floor has six strata units; the indicative price works out to $2,500 psf By KALPANA RASHIWALA kalpana@sph.com.sg [SINGAPORE] An entity linked to a Taiwanese shipping company has put up for sale the 20th level of the 30-storey Peninsula Plaza in North
      425 words
    • Article
      Lock icon London home price rise ‘unsustainable’
      287 31 Overseas investor demand squeeze limited supply harder Bloomberg [LONDON] London house prices rose at an unsustainable rate in October as demand from overseas investors added pressure to a market with an already small supply of properties, according to Rightmove Plc. Values in the UK capital
      Bloomberg  -  287 words
    • Article
      Lock icon China home sales will rise 11%, says developer Sunac
      424 31 Bloomberg [SHANGHAI] Sunac China Holdings Ltd, the Chinese developer in which buyout firm Bain Capital LLC has a stake, expects home sales to rise at least 11 per cent this year from last year amid strong demand from rich buyers. The
      Bloomberg  -  424 words
    • Article, Illustration
      Lock icon Plum school site in Swiss Club area up for subleasing
      830 32  -  German European School looking to sublet main campus site; minimum reserve price set at $39m for 26-year lease By KALPANA RASHIWALA kalpana@sph.com.sg [SINGAPORE] New and existing players in the foreign school arena looking for a long-term investment in a flagship
      830 words
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      Lock icon Page 30 Advertisements Column 1
      407 30 STPROPERTY SHOWCASE 2013 STProperty collaborates with Malaysia’s most established property developers to bring you the ‘hottest’ new launches in the market. t Why you should attend: Know more about Malaysia’s upcoming developments that are fast creating waves in the property market Make informed decisions before you invest in properties in
      407 words
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  • Page 31 Advertisements
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      Lock icon Page 31 Advertisements Column 1
      452 31 FOR RENT Razzle Dazzle Conservations Live in a Residential Shophouse A unique opportunity to live in a 1900's historic dwelling I high ceilings, timeless heritage t near Robertson Quay/river near financial district Blair Plain near historical Neil Road t character yet modernised interiors near Emerald Hill taste, ambience 3-6 bedrooms
      452 words
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      Lock icon Page 31 Advertisements Column 2
      362 31 Jones Lang LaSalle Real value in a changing world Riviera Point River Valley Rd Plaza The Atrium m > ORCHARD ROAD Q Dhoby Ghaut MRT MRT -v "Tv 0 :!f* river vNAIJ Road I 7- Subject 0 UE Square |=j Fort Canning Liang MRT (u/c) Court Site MRT ROAD haveeocR
      362 words
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  • Page 32 Advertisements
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      Lock icon Page 32 Advertisements Column 1
      372 32 TENDER New Zealand TropicanaLynfield, Auckland, New Zealand Prized 22 Acre Lifestyle or Significant Residential Development Viewing: Viewing Strictly by Appointment Only International Tender This unique, once in a lifetime opportunity, being one of the largest remaining privately owned landholdings in the inner Auckland city area is offered for sale for
      372 words
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      Lock icon Page 32 Advertisements Column 2
      186 32 BRAND NEW TERRACE SEMI-DETACHED FOR SALE BY TENDER EMBAWANG PARK SEMI-D SUN PLAZA TERRACE Available for Bulk and Individual Bids Tranquil neighbourhood, lush matured greenery Lifestyle, recreational, family amenities e.g. Sembawang Shopping Centre, Sun Plaza, Sembawang Park etc. Right next to Sembawang Park/Beach Easy accessibility to city via SLE and
      186 words