The Business Times, 25 October 2013

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Total Pages: 38
1 38 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Friday, October 25, 2013
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  • 892 1  -  ‘Extensive and thorough review’ may lead to public consultation on broader issues raised By CAI HAOXIANG haoxiang@sph.com.sg [SINGAPORE] Singapore’s financial market regulators, the Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX), are conducting an “extensive review” of the activities around the now-infa-mous
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  • MARKETS DIGEST
    • 65 1 GST INDEX 3,217.95 (+13.15) GST INDEX FUTURES 3,217.00 (+12.00) GSIMSCI 370.43 (+2.02) GSIMSCI FUTURES 371.00 (+2.50) US$ S$ US$ (S$ per US$) 1.238 (US$/S$ per 1.618 2.003 EURO (US$/S$/€ 1.379 1.707 Foreign currency per US$ S$ YEN 97.40 78.70 RM 3.165 2.556 HK$ 7.753 6.252 BAHT 31.18 25.19 RUPIAH
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    • 48 1 Thursday Change KL COMP 1,818.93 +4.82 NIKKEI 225 14,486.41 +60.36 HANG SENG 22,835.82 -164.13 SET INDEX 1,466.32 +8.96 JAKARTA COMP 4,594.84 +48.35 MANILA COMP 6,583.77 -51.34 SEOUL COMP 2,046.69 +10.94 SHENZHEN B 846.12 -3.70 MUMBAI IND 20,725.43 -42.45 12noon EDT Change DOW 15,495.78 +82.45 NASDAQ 3,925.94 +18.86
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    • 22 1 SINGAPORE 5.38 MALAYSIA HONG KONG HONG KONG 5.00 INDONESIA 14.485 TAIWAN 5.036 JAPAN CANADA KOREA 9.33 INDIA 0.50 Source: Bloomberg
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  • 613 1  -  Economists say growth momentum will favour reforms By VIRGINIE MANGIN in Beijing MANUFACTURING activity in China has risen to a sev-en-month high this month, led by new orders, says a preliminary reading by investment bank HSBC. The flash HSBC Markit PMI released
    PHOTO: AFP  -  613 words
  • Page 1 Advertisements
    • 121 1 S’PORE NEWS Singapore CBD world’s 8th costliest PAGE 9 COMMENTARY Prime time for secondary cities PAGE 21 MALAYSIA Ling to face music over Port Klang scandal PAGE 12 COMPANIES Far East Hospitality to launch three S’pore hotels PAGE 5 BT PROPERTY CLASSIFIEDS BT’s CATS property feature is now available to
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  • TOP STORIES
    • 708 2  -  They buy 52% fewer private homes in Q3, vs 46% for private address holders Reports by KALPANA RASHIWALA kalpana@sph.com.sg [SINGAPORE] The total debt servicing ratio (TDSR) framework appears to have made a bigger dent on purchases of private homes by those with
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    • 291 2 MAS, SGX reviewing penny saga MAS and SGX are conducting an “extensive review” of the activities around the now-infamous trio of stocks that crashed this month. FRONT PAGE HSBC China PMI hits 7-month high MANUFACTURING in China rose to a 7-month high this month, says a preliminary HSBC
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    • 342 2 MAINLAND Chinese, Malaysians, Indonesians and Indians continued to remain the top four nationalities among the combined pool of foreigners and Singapore permanent residents who bought private homes in the first nine months of this year. Together they accounted for 81.3 per cent
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    • 1168 2 [SINGAPORE] The total debt servicing ratio (TDSR) framework seems to have had a bigger impact on private home purchases by Singaporeans than on foreign buyers. Private home purchases by all categories of buyers took a hit in the quarter following the introduction of
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    • 543 2  -  By FELDA CHAY By feldac@sph.com.sg [SINGAPORE] Senior financial executives here believe that the local economy will continue to expand, and benefit their firms, even as challenges abound, according to the American Express Business Momentum Survey 2013. While the impact of rising labour and property costs
      Source: American Express Business Momentum Survey 2013  -  543 words
    • 658 4  -  EU accounts for 10% of GDP, employment; FTA would boost exports by billions By CHUANG PECK MING By peckming@sph.com.sg [SINGAPORE] Singapore’s chief negotiator for the European Union-Singapore Free Trade Agreement (EUSFTA), Keith Tan, left little in doubt about the importance of the EU
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    • 763 4  -  BV DYLAN TAN, RACHEL LOI dylantan@sph.com.sg rachloi@sph.com.sg [SINGAPORE] The occasion was the launch of a book profiling the best of Singapore street food stalls beloved by the captains of industry here. Some among the 200 guests including chief executive officers (CEOs) of private and
      PHOTO: YEN MENG JIIN  -  763 words
  • Page 2 Advertisements
    • 58 2 f Off JJ Esta te m A A Majestic Mediterranean Villa nu n F tr I \’y, Winner, Singapore Prestige Brand 2009 id ant Locah Simplistic Modern Living Land 16,100sqft (appx) g]jgri Built 9,000sqft (appx) *****269 Faith Teo Lie no: R*****6A Land 15,500sqft (appx) Built 9,000sqft (appx) *****098 Julian Yip
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    • 117 3 PHOTOGRAPHED BY KRISTIAN SCHULLER 1 >40 'it ,1 >*l *4 A Sf.i r I 3 L *T‘ Y? > 'As s H k ar C;+- 1 rS V X 9pe-8 rr r /A ■'U S '■J ifT r* EXTRAORDINARY CRAFTSMANSHIP Finished with luxury calf leather in a range of exquisite
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  • Page 4 Advertisements
    • 758 4 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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  • COMPANY NEWS
    • 520 5  -  The are Village Hotel Katong, Amoy and Rendezvous Hotel B)’. KALPANA RASHIWALA kalpana@sph.com.sg FAR East Hospitality Management will launch three Singapore hotels over the next three months. These are the Village Hotel Katong in the Marine Parade/East Coast area, Amoy at Far
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    • 335 5  -  Move is to expand its presence in the Middle East By SAMUEL EE samuelee@sph.com.sg STAMFORD Tyres has appointed a dealer for Sumo Firenza tyres in the United Arab Emirates to expand its presence in the Middle East. The Singapore-listed tyre and wheel
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    • 535 7  -  Franchising model introduced, tapping public market a possibility in future By ONG CHOR HAO ongch@sph.com.sg TAPPING the capital or public markets would not be out of the question in the future for Singapore-based SilverNeedle Hospitality, which has a goal of having 100 properties
      PHOTO: YEN MENG JIIN  -  535 words
    • 276 7  -  By JASMINE NG jasng@sph.com.sg CITIBANK has launched an electronic banking platform in Singapore for its institutional clients, to increase transaction transparency, reduce fraud exposure and improve operational efficiency. The CitiDirect Banking Evolution provides an integrated suite of solutions beyond the traditional transaction management and
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    • 285 7  -  By MICHELLE QUAH michquah@sph.com.sg DIGILAND International has substantially scaled down a proposed share placement to a maximum of 2.05 billion shares. This comes a day after it said that it would issue up to a total of 5.8 billion new shares, at an issue
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    • 732 8  -  HOCK LOCK SIEW By ANGELA TAN angelat@sph.com.sg THE disclosure by the Monetary Authority of Singapore (MAS) that Singapore Exchange (SGX) and it are conducting an extensive review of the recent saga surrounding the trading activities of Asiasons Capital, LionGold Corp and Blumont Group is thoroughly
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    • 665 8  -  By NISHA RAMCHANDANI nishar@sph.com.sg BOOSTED by gains from the partial disposal of Tigerair Australia, Tiger Airways Holdings swung to a net profit of $23.8 million for the second quarter ended Sept 30, 2013, from a loss of $18.3 million a
      FILE PHOTO  -  665 words
    • 446 8  -  By JASMINE NG jasng@sph.com.sg OVERSEA-CHINESE Banking Corporation (OCBC) is considering a bid for Wing Hang Bank, with United Overseas Bank (UOB) reportedly also eyeing the Hong Kong bank. A Bloomberg report said that OCBC has been studying an offer for Wing
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    • 256 8  -  By ANDREA SOH sandrea@sph.com.sg DEL Monte Pacific’s thirdquarter earnings fell 13.4 per cent despite an increase in its turnover, as one-off transaction fees ate into its bottomline. Net profit attributable to shareholders for the three months ended Sept 30 fell to US$7.2 million,
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    • 414 8  -  By MINDY TAN tanmindy@sph.com.sg SUNTEC Real Estate Investment Trust (Suntec Reit) posted a distribution per unit (DPU) of 2.289 cents for the third quarter ended September, down 2.6 per cent from 2.35 cents posted a year ago. Inclusive of $4.5
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    • 325 8  -  By MICHELLE QUAH michquah@sph.com.sg AZTECH Group moved from a net-loss to a net-prof-it position for its fiscal third quarter a performance it attributed to an improved gross profit margin, while maintaining comparable total operating expenses. The group yesterday reported a net profit of $2.4
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    • 125 8  -  By ANDREA SOH sandrea@sph.com.sg MAPLETREE Commercial Trust’s distribution per unit (DPU) rose to 1.801 cents in the fiscal second quarter, up 16.5 per cent higher from a year earlier, thanks to positive contributions from all its properties and a new revenue stream
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    • 420 8  -  Lower contribution from near-complete shipbuilding job By CAI HAOXIANG haoxiang@sph.com.sg TRIYARDS Holdings posted a net profit of US$10.3 million for its fourth quarter ended Aug 31, 2013, down 32 per cent from US$15.2 million a year ago, hit by reduced revenue contribution from a major
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  • Page 5 Advertisements
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  • SINGAPORE MARKETS
    • 593 6  -  Down 5 points earlier, index closes 13.15 higher; weak turnover shows focus still on penny stocks STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent THE Straits Times Index yesterday first fell in tandem with weakness in China and Hong Kong because of a sharp spike up in money
      Source: Bloomberg  -  593 words
    • 73 6 Oct 24 VALUE CLOSE BT OB/OS 404.00 +94.00 BT CADI -*****.00 +60.00 BT 10-day MA -*****.00 +41.00 FTSE ST Mid Cap 744.43 +2.06 FTSE ST Small Cap 546.44 +1.31 FTSE ST All Share 782.19 +2.92 FTSE ST China Top 207.65 +0.71 FTSE ST China 234.85 +0.30 FTSE
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    • 186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 3 5 0 0 0 7 3 5 Manufacturing 64 26 55 5 6 16 69 32 71 Commerce 18 14 23 6 2 4 24 16 27 Tpt/Stor/Comms 12 14 12
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    • 984 6  -  Compiled by ANDREA SOH Sheng Siong Group Oct 24 close: $0.625 DMG Partners, Oct 24 SHENG Siong’s (SSG) Q3-13 revenue grew 5 per cent y-o-y to S$178 million (our estimate: S$174m), as a S$13 million maiden contribution from its new stores was partially offset by a S$5 million
      Source: Bloomberg  -  984 words
    • 123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 12,768 12,768 60,096 60,096 Manufacturing 309,282 79,126 388,408 101,295 9,172 110,467 Commerce 111,282 126,580 237,862 83,205 9,054 92,258 Tpt/Stor/Comms 120,952 18,630 139,582 106,692 8,529 115,221 Finance 117,467 588 118,055 114,638 194 114,832 Construction 22,164 164,224
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    • 111 6 Stock name Close Change CapMallsAsia 2.070 +0.020 CapitaLand 3.160 -0.010 CapitaMall 2.000 CityDev 10.46 ComfortDelGro 1.910 DBS Grp 16.66 GLP 3.130 +0.040 Genting SP 1.525 +0.015 Golden Agri 0.545 -0.005 HK Land 6.160 -0.100 HPH Trust US$ 0.765 -0.005 JMH 54.59 -0.160 JSH 33.97 -0.210 Jardine
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    • 538 6 CURRENCIES Reuters [SINGAPORE] Long positions in the Chinese yuan hit a five-month high in the past two weeks as investors grew more bullish on most emerging Asian currencies on growing views that the US Federal Reserve will keep its stimulus in place longer, a
      Reuters; PHOTO: AP  -  538 words
    • 53 6 VOLUME YHM 137,685,000 SingHaiyi 132,356,000 Innopac 106,875,000 Albedo 66,273,000 MDR 49,409,000 FreightLinks 43,854,000 Blumont 39,460,000 LionGold 35,754,000 Asiasons 35,357,000 Xpress R 31,297,000 VALUE($) DBS Grp 42,435,804 Keppel Corp 41,656,200 SingTel 39,414,480 Genting SP 34,108,755 UOB 29,308,582 Noble Grp 28,915,190 OCBC Bk 27,271,390 CapitaLand 26,629,860 HK Land 25,326,583
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    • 113 6 BY CENTS CLOSE UP DBXT iBoxxKR 5US$ ***** 777.5 4.4 DBXT E50 10US$ 5080 359.0 6.1 DBXT MSEurope 10US$ 5860 99.0 1.4 GLD 10US$ ***** 49.5 0.3 Lyxor Malaysia 10US$ 1055 37.1 2.9 Hyflux 6% CPS 10 ***** 36.0 0.3 DBXT S&P500 10US$ 2888 29.7 0.8 DBXT MSINDO 10us$
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    • 121 6 BY CENTS CLOSE DOWN DBXT FTChina25 10US$ 2879 -116.4 -3.2 Lyxor China H 10US$ 1391 -42.1 -2.4 DBXT S&P Short 10US$ 2743 -34.7 -1.0 JSH 3397 -26.0 -0.6 IS S&P500 ***** -24.8 -0.1 DBXT MSAsExJp 10US$ 3428 -23.5 -0.6 JMH 5459 -19.8 -0.3 HK Land 616 -12.4 -1.6 Lyxor
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    • 5 6 DAILY
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  • Page 7 Advertisements
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  • SINGAPORE NEWS
    • 559 9  -  London’s St James’s takes top spot, HK’s Central snags second place: JLL By MINDY TAN tanmindy@sph.com.sg AT S$11 per square foot (psf) per month, or US$103 psf per year, the extended central business district comprising Raffles Place and Marina Bay is
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    • 314 9  -  By GRACE LEONG gleong@sph.com.sg SINGAPORE is sharing its best practices in publicprivate partnership (PPP) in water and waste-water infrastructure projects with the Indonesian Ministry of Finance. Led by Singapore Cooperation Enterprise (SCE), an integrated arm of International Enterprise Singapore, and Temasek Foundation,
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    • 345 9  -  Move comes as building designs become elaborate By MINDY TAN tanmindy@sph.com.sg THE Building and Construction Authority (BCA) will soon be updating its building regulations to include reflectivity requirements for all kinds of facade materials, said National Development Minister Khaw Boon Wan in
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    • 272 9  -  By ARTHUR LEE TWO Las Vegas showgirls in full costume were a crowd pleaser at the booths of US exhibitors at ITB Asia Singapore. No names and interviews are the rules but beyond that, they were very accommodating in posing for the cameras.
      PHOTO: ARTHUR LEE  -  272 words
    • 353 9  -  Research areas include cancer biology and ageing By NISHA RAMCHANDANI By nishar@sph.com.sg NANYANG Technological University (NTU) has set up a new electron microscopy lab fitted with equipment that will allow scientists to study molecular structures half a million times smaller than a
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    • 253 9 Reuters THE Monetary Authority of Singapore (MAS) yesterday said that it has been in touch with foreign regulators looking into the alleged manipulation of foreign exchange (FX) rates, and was ready to assist in investigations. It is the latest authority to get
      Reuters  -  253 words
    • SINGAPORE ROUNDUP
      • 162 9 THE Council for Estate Agencies (CEA) has introduced the Continuing Professional Development (CPD) training roadmap to help key executive officers (KEO) and salespersons build up their capability and professionalism. Under the programme, KEOs and salespersons are required to fulfil mandatory training of six credit hours
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      • 95 9 FONG Yong Kian has been appointed the chief executive of the Singapore Totalisator Board by the Ministry of Finance. He is currently director-general of Singapore Customs. Mr Fong will succeed Tan Soon Nan, who will step down from Jan 1 next year but continue to
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  • Page 9 Advertisements
    • 18 9 I Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices
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    • 70 9 DUO Residences A milestone in the property landscape of Singapore EXCLUSIVE 1 rewire SS Developers: Temasek Holdings Khazanah Nasional A historical bilateral collaboration between the Singapore Malaysian governments Amenities and connectivity Million-dollar views: within the development: CBD Marina Bay Luxurious Residential Units City Kampong Glam 5-Star Hotel Grade A Offices
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  • Page 10 Advertisements
    • 55 10 GAYLIN Trusted For Lifting Rigging OK TRUSTED FOR LIFTING AND RIGGING SOLUTIONS TO THE GLOBAL OFFSHORE OIL AND GAS INDUSTRY tt;m W i mm I I.*. m n Wf Wi v >4 P X Ssa iV S k V >* GAYLIN HOLDINGS LIMITED m hm It m Lilting Equipment Engineers
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  • Page 11 Advertisements
    • 423 11 GAYLIN Trusted For Lifting Rigging GAYLIN’S FIRS EAR LISTING ON THE MAINBOARD OF SINGAPORE EXCHANGE M iss K3 T. >- -h A §srs& rv v v m i ***** LC3S32ESI Wawflii m M CHSIHI fcj r With a history that started in 1974, Gaylin Holdings Limited has grown to become
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  • MALAYSIA/INDONESIA
    • 547 12  -  Ex transport minister charged with deceiving Cabinet into land purchase By S JAYASANKARAN in Kuala Lumpur FOR former Malaysian transport minister Ling Liong Sik, 70, tomorrow will be D-Day. The High Court is scheduled to rule on his alleged criminality in
      THE STAR FILE PHOTO  -  547 words
    • 356 12 Disagreements exist with Kuwait Petroleum, Saudi Aramco over tax issues Reuters [JAKARTA] Indonesia has broken off talks on building two new refineries with Kuwait Petroleum and Saudi Aramco due to disagreements over tax issues, an official with state oil company Pertamina said. That deals a
      Reuters  -  356 words
    • 465 12 Resistance, English law dominance standing in the way Bloomberg [KUALA LUMPUR] Malaysia, which pioneered Islamic finance more than 30 years ago, will face an uphill battle in its attempt to make itself an international centre for Syariah dispute resolution, say local
      Bloomberg  -  465 words
    • 301 12 [PETALING JAYA] The plantation industry, one of the heavily taxed sectors in Malaysia, is urging the government to reconsider abolishing the palm oil windfall profit tax (WPT) under the proposed Budget 2014 to be tabled today. Both the Malaysian Palm Oil Association
      301 words
  • Page 12 Advertisements
    • 276 12 e gms l££ U W I N E s tat 2 O WAR J A Cf H ARDn N nm A US' ii rioln I ESTATE Presented by Winemaker Tim Lovett Featuring top Australian wines from Margaret River's foremost winery, including the famed 2009 Art Series Chardonnay rated 97 points
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  • GREATER CHINA/INDIA
    • 590 13 More mid-income homes to be built, speculators to face severe punishment Reuters [BEIJING] China’s capital Beijing has stepped up measures to calm rising discontent over record-high home prices, vowing to boost supply for middle-income families and punish property speculators. The uneven success
      Reuters; PHOTO: REUTERS  -  590 words
    • 221 13 Reuters [BEIJING] South Korea’s Samsung Electronics Co Ltd, the world’s biggest smartphone maker, has apologised to Chinese customers for problems with some mobile phones after a broadcast on China Central Television criticised Samsung repair policies. “As far as management problems caused inconvenience
      Reuters  -  221 words
    • 667 13 133b rupee project to build four more caverns unveiled Bloomberg [NEW DELHI] India, Asia’s second-largest energy user, will spend 133 billion rupees (S$2.7 billion) to more than triple its proposed emergency crude oil reserves as it seeks to protect the economy against
      Bloomberg  -  667 words
  • Page 13 Advertisements
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  • WORLD
    • 756 14 Slowdown in hiring advisers may boost brokerage profits Bloomberg [NEW YORK] Morgan Stanley and Bank of America Corp (BOA), owners of the world’s largest brokerages, say the days of paying big bonuses to lure each other’s brokers and keep their own in
      Bloomberg; PHOTO: AP  -  756 words
    • 390 14 Rules would allow firms to raise up to US$1 m a year without registering the securities AFP [WASHINGTON] Crowdfunding could become a hot new source of venture capital under new US rules proposed to allow companies to make private share placements to micro-investors via
      AFP  -  390 words
    • 598 16 Poll shows recovery taking root but remains delicate and uneven Reu ters [LONDON] The pace of growth in euro zone business eased unexpectedly this month as the buoyant demand for services seen in September faded, business surveys showed yesterday. Markit’s Flash Composite
      Reuters; PHOTO: AP  -  598 words
    • 379 16 Decision is part of global effort to streamline ops AFP [SAN FRANCISCO] Yahoo on Wednesday said that it is closing its Egypt office as part of an effort to restore the faded Internet star to former glory. “Today, Yahoo announced to employees that we
      AFP  -  379 words
    • 320 16 They will meet South’s staff at the joint industrial park but not North’s officials AP [SEOUL] South Korean lawmakers next week will tour a jointly run factory park in North Korea that has been reopened after months of stalemate between the rivals, officials
      AP  -  320 words
    • 635 18  -  Changes needed to make region more resilient, self-reliant, says ADB By ANTHONY ROWLEY In Tokyo THE Asian Development Bank (ADB) has suggested that Asia monitor its asset markets more closely and give its financial systems better protection against shocks such as
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    • 524 18 NYT [SAN FRANCISCO] LinkedIn is finally embarking on its mobile makeover. A year after Facebook decided that its future lay in mobile devices, LinkedIn has at last come to a similar conclusion: Its core audience of white-collar workers is constantly on the go,
      NYT; PHOTO: BLOOMBERG  -  524 words
    • 542 18 Deficit increases 0.4% to US$38.8b in Aug from revised US$38.6b in July LATEST US DATA Reuters [WASHINGTON] The trade deficit in the US was little changed in August as imports and exports stalled, indicating a loss of momentum in global economic growth.
      Reuters  -  542 words
    • 244 18 Reuters [TOKYO] Japan’s government downgraded its assessment of export performance for the second consecutive month in October on slowing shipments to Asia suggesting that external demand may now contribute less to Japan’s growth than initially anticipated. The government left its overall assessment unchanged, saying
      Reuters  -  244 words
    • 645 18 Roads and bridges in decay due to lack of investment Reuters [BERLIN] It used to take just one night for Burkhard Dahmen to send his firm’s giant steel rollers to port for export. Now his trucks need eight days to navigate a tortuous
      Reuters  -  645 words
  • Page 14 Advertisements
    • 815 14 W WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF LEHMAN BROTHERS INVESTMENTS PTE LTD (IN CREDITORS’ VOLUNTARY LIQUIDATION) (COMPANY REG. NO: *****2778N) NOTICE OF INTENDED THIRD INTERIM DIVIDEND FOR UNSECURED CREDITORS Name of Company Lehman Brothers
      815 words
    • 857 14 SYSTEMS@WORK PTE LTD Company Registration Number *****6900E (Incorporated in the Republic of Singapore) (the Company) NOTICE PURSUANT TO SECTION 76(10)(H) OF THE COMPANIES ACT (CAP. 50) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of the Company which was convened and held on 22 October 2013, the following
      857 words
    • 441 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CAIRNHILL GREEN PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****4242M) NOTICE OF MEMBERS’ VOLUNTARY LIQUIDATION The following resolutions were unanimously resolved at the Extraordinary General Meeting of Members of the above Company on 18 October
      441 words
    • 17 14 $,]?*;'[|*@_\^?>,@:<=]!`[}@++~% Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements MATS NOTICES
      17 words
    • 526 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AAJ INVESTMENT PTE. LTD. (In Members’ Voluntary Liquidation) (Co. Reg. No. *****4595K) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the
      526 words
    • 361 14 In the matter of the Companies Act, Cap 50 And In the Matter of Cubit Commodity Research Pte Ltd (In Members’ Voluntary Liquidation) (Registration No.: *****1387C) NOTICE OF FINAL MEETING Notice is hereby given that, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the
      361 words

  • Page 15 Advertisements
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  • Page 16 Advertisements
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  • Page 18 Advertisements
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  • AVIATION/SHIPPING
    • 403 19 Proceeds for Japan’s 4th largest state owned airport may exceed 120b yen Bloomberg [TOKYO] Fukuoka prefecture on Japan’s southern Kyushu island is considering a sale of rights to operate the nation’s fourth-big-gest state-owned airport, four people with knowledge of the matter have said. Proceeds
      Bloomberg  -  403 words
    • 565 19 No firm orders but three cancellations for the jet this year Reuters [LONDON] Airbus is poised to review its A380 superjumbo after a slump in orders and has not ruled out shaving output of the world’s largest jetliner while waiting for the
      Reuters; PHOTO: AFP  -  565 words
    • 596 19 Airline seeks govt reply after rival ANA receives more slots Reuters [TOKYO] Japan Airlines (JAL) reserves the right to sue the Japanese government for favouring rival ANA Holdings by allocating it more landing slots, JAL’s president told Reuters
      Reuters; PHOTO: REUTERS  -  596 words
    • 233 19 Reuters [HELSINKI] Finnish ship and power plant engine maker Wartsila posted a strong-er-than-expected rise in quarterly profit on higher spending by shipping clients and solid demand from power plants. Though Wartsila said its order book has taken a hit from some customers delaying
      Reuters  -  233 words
    • 257 19 Bloomberg [LONDON] British Columbia Ferry Services is tapping the bond market for the first time since 2008 to replace ageing 426-foot vessels amid a rising number of global trekkers to the Pacific coast. BC Ferries, as the company
      Bloomberg  -  257 words
    • 195 19 Bloomberg [SINGAPORE] Singapore Airlines Ltd, South-east Asia’s biggest carrier, won initial approval from the Indian government to start an airline in the world’s sec-ond-most populous country with its partner Tata Group. India’s Foreign Investment Promotion Board approved the proposal, Economic
      Bloomberg  -  195 words
    • 246 19 SGX '000 Oct 24 S$ +/-Vol Ch Offshore '000 Chuan Hup Hldg 0.29 unch 125 Cosco Corp 0.81 unch 1475 Cwt Limited 1.42 -0.01 111 Vol First Ship Lea 0.09 unch 100 Freight Links Cosco Corp Grand Banks 0.24 unch 878 Jaya Hold Ltd 0,81 K1Ventures 0.21 unch
      246 words
    • 2415 28 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
      2,415 words
  • Page 19 Advertisements
    • 49 19 NOTICE TO TRADE RATE RESTORATION FOR SINGAPORE/PORTKLANG–CHENNAIv/v We wish to inform the Trade that with effect from 15th November 2013, our FIO rates for all SOC shipments between Singapore/ Port Klang and Chennai will be increased by the following quantum:Singapore/Port Klang Chennai $75/TEU Chennai Singapore/Port Klang $30/TEU X-PRESS FEEDERS
      49 words
    • 45 19 NOTICE TO THE CHENNAI TRADE In order to restore rates to more realistic levels, a freight increase will apply to all SOC shipments loaded on after 1 5th November 2013 as follows: Singapore/Port Klang Chennai USD$ 70/TEU Laden Chennai Singapore/Port Klang USD$ 35/TEU Laden BengalTigerLinePteLtd
      45 words
    • 14 19 ShanghaiFTZ experiment maybe triedout inwestern China To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      14 words

  • EDITORIAL & OPINION
    • 528 20 EDITORIAL IBM’s CEO, Ginni Rometty, noted in Singapore recently that the world is witnessing a historic convergence of technology shifts with a combination of mobile, social, cloud and inter-connected devices. This is having a profound impact on enterprises, many of which are
      528 words
    • 796 20  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group WHEN the history is written, I suspect the brutal US budget battle will be seen as much more than a spectacular partisan showdown. Careful historians will, I think, cast it as a
      The Washington Post Writers Group  -  796 words
    • 900 20  -  How businesses will be affected by the consumption tax rise, benefit from tax incentives By JONATHAN STUART-SMITH The writer is leader of the Global Tax Desks in Asia-Pacific, at Ernst Young Solutions LLP ON OCT 1, the Japanese government formally decided to
      PHOTO: AFP  -  900 words
    • 1275 21  -  To be globally competitive, these hubs must learn to carefully manage growth impacts BY ASIT K BISWAS, KRIS HARTLEY Asit K Biswas is the distinguished visiting professor, Lee Kuan Yew School of Public Policy and co-founder of the Third World Centre for Water Management. Kris
      PHOTO: AP  -  1,275 words
    • 776 21  -  By RAHUL BAJORIA The writer is regional economist, South-east Asia Economic Research, Barclays MALAYSIA has the highest public debt among major Asean economies. After the 1997 crisis, government spending has been a key driver of growth, which has weighed on national debt
      776 words
    • LETTERS TO THE EDITOR
      • 739 21 RECENTLY, the Stock Exchange of Singapore (SGX) announced that it will introduce dynamic circuit breakers into the Singapore markets, after which it will allow high frequency trading (HFT) to take place. It is therefore a foregone conclusion that HFT will be with
        739 words
      • 285 21 I REFER to “McKinsey, EDB launch Asian consumer insights centre” (BT, Oct 12). A McKinsey spokesman was quoted as saying that the Institute on Asian Consumer Insight (ACI) does not provide consulting services to companies whereas McKinsey’s new centre would. This is incorrect. Since its inception
        285 words


  • PROPERTY
    • 1247 22 Service stations popular among New York cabbies and motorists are literally losing their ground to apartments, stores and offices NYT [NEW YORK] PERHAPS there is no clearer sign that Manhattan space has reached a high premium than the continuing disappearance of petrol stations at main
      NYT; PHOTO: AP  -  1,247 words
    • 356 24 Some prominent architects find the 300b yen venue too big and expensive AP [TOKYO] Japan is scaling down the planned main stadium for the 2020 Tokyo Olympics, following an uproar from some prominent architects who think it’s too big and expensive. Hakubun Shimomura, the minister
      AP; PHOTO: AP  -  356 words
    • 572 24 Bloomberg [NEW YORK] Mark Dixon, the billionaire founder of Regus plc, the world’s largest operator of serviced offices, has more than doubled his fortune in the past year as increased demand for flexible office space propelled the company’s share price to an
      Bloomberg  -  572 words
    • 1301 26 Big jump in premium sparked by new federal rule has led to a fall in home prices in flood zones Bloomberg [TALLAHASSEE, Florida] RANGEL Dockery and her husband bought a waterfront house in Florida four months ago, assuming their US$2,000-a-year flood insurance premium would remain
      Bloomberg; PHOTO: BLOOMBERG  -  1,301 words
  • Page 22 Advertisements
    • 135 22 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D04 HOUSE FOR SALE OCEAN DRIVE BUNGALOW Seafront living. A&A 2012 $5.6m 2-storey+ basement, 5 bdrm dining 2 maid rms gym pool. Land 9580/ *****sf. Call Ronald 9852 9055 D04 HOUSE FOR SALE SENTOSA Bunglw 3½ Storey 8159 sqft,6+1 ensuite, 2 living,
      135 words
    • 131 22 D11 21 HOUSE FOR SALE CHANCERY LANE Coveted Chancery Lane Good Class Bungalow. 23,932 sq.ft. Freehold. Regular plot. Lush. Prestigious!!! Dial 9098 8888 CS Chong, DTZ D11 21 HOUSE FOR SALE GOOD CLASS BUNGALOW Priced to Sell!! Raffles Park Resort 10,000 sqft dream home! 8 rms, Pool. View daily. Vinx
      131 words
    • 136 22 D16 HOUSE FOR SALE HARVEY AVENUE 2 adjoining Semi-Ds land 4787sqft 4810 sqft. Elevated Ideal for A&A. Near Singapore Expo and MRT. Good facing. Breezy D17 HOUSE FOR SALE BUNGALOW Beautiful Bungalow 6860/ 5200 sqft. 5+1. F’hold. Elevated land. Breezy. Greenery. Nice garden with 17 metre pool. Steve 9297 3365
      136 words
    • 127 22 D20 HOUSE FOR SALE THOMSON 3 sty inter terr Thomson F/rebuild. approx land 920/ 1726 sf. Fhold. Urgent sale 8693 0553 D23 HOUSE FOR SALE PAVILION PARK Pavilion Park Phase 2J Freehold landed. 3½ storey corner/ inter. Call for best choice now! Clarry Au 9873 8517 D26 HOUSE FOR SALE
      127 words
    • 126 22 D04 APARTMENT FOR SALE REFLECTIONS AT KEPPEL BAY Actual unit. Co-broke welcome. Golf Course sea view. Adrian 9845 9522 CBRE D07 APARTMENT FOR SALE DUO RESIDENCES 49-storey integrated devt with direct link to Bugis MRT. Estimate from $1M. Good investment potential! Call Lynn Yeoh *****208 DTZ D07 APARTMENT FOR SALE
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  • Page 23 Advertisements
    • 307 23 D07 APARTMENT FOR SALE DUO RESIDENCES BUGIS Premium Residential devt in mixed project retail, hotel. Direct link to Bugis MRT. To view pls call Stephen Yik 9112 1183 (ERA) D07 APARTMENT FOR SALE DUO RESIDENCES Central of Bugis. Future direct undergound link to Bugis MRT. Fr $930k. Call Hyde Ng
      307 words
    • 172 23 D09 APARTMENT FOR SALE DHOBY GHAUT VICINITY Very Rare! 3+1, 1614 sqft. Freehold. Near Dhoby Ghaut MRT. Square layout, May Enbloc. Low $1394 psf! $2.25M neg! Sherwin Ho ERA ***** 977 D09 APARTMENT FOR SALE EURO ASIA COURT D09 Euro Asia Court. Freehold. 1356 sqft, 3 bdrm. Near Int’l School.
      172 words
    • 329 23 D10 APARTMENT FOR SALE TRIZON Trizon, Developer sale unit (4 bedroom) Freehold. Full facilities. Movein immed. Great investment. $17xx psf up. 9336 9247 Lawrence Chua CBRE D11 21 APARTMENT FOR SALE CHANCERY COURT Fire Sale! Sell far below indicative val ($2.8-3m). New beautiful reno, 2035 sf, 3+1, Corner. TOP sch
      329 words
    • 163 23 D16 APARTMENT FOR SALE THE BAYSHORE 3+1. 1184 sqft. High flr. Sea view. Bright windy. Vacant unit. $1.38M. Sean Lee 9845 8550 D20 APARTMENT FOR SALE BOON VIEW **Fire Sale Fire Sale 3-bedrooms. 1518 sqft. 5 minutes to MRT. No noon sun. Very high floor. Asking $2M. 9025 5978 D20
      163 words
    • 183 23 D04 HOUSE FOR RENT SENTOSA GREEN COLLECTION Sentosa Green Collection villa 6000 sqft. 5 rooms. Golf course view. Pool. Lift. Quiet. Expat’s choice! Pls call Karen 9459 6622 D09 HOUSE FOR RENT KIM YAM Exceptional Home Office Shophse in the City Near River Valley. 4-bdrm 4500 sf with Mezzanine, internal
      183 words

  • Page 24 Advertisements
    • 129 24 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D01 APARTMENT FOR RENT THE SAIL MARINA BAY Good facing. Panoramic view. Rental $4.5K up. Please contact Raymond Chua 9686 3013 DTZ D01 APARTMENT FOR RENT THE SAIL The Sail. High flr. 1310 sqft. 3+1, Sea/ Pool view. Partial furnished. Mins to
      129 words
    • 117 24 D11 21 APARTMENT FOR RENT SOLEIL SINARAN Studio. 581 sqft. High flr. F/furn. Nice decor. Windy bright. Next to Novena MRT. Ask $4.4k Sean Lee 9845 8550 D13 APARTMENT FOR RENT AVON PARK 3+1 bedrooms. 1270 1700 sqft. Renovated. Full facilities. Greenery. Immed Rental negotiable. Eliza Teo 9759 0868 D14
      117 words
    • 115 24 D15 APARTMENT FOR RENT NATURE MANSIONS 3+1 Penths 2238 sf. $4.8K. Fully furn. Facilities, basement parking, bus. 8138 7056 Jennie D23 APARTMENT FOR RENT HAZEL PARK CONDOMINIUM Hazel Park Condominium, 2 bdrm, Ground floor. 1206 sqft. Fully furnish. Immediate. Full condo facilities. neg. 9488 5566 Gillian D01 OFFICE FOR SALE
      115 words
    • 123 24 D14 FACTORY FOR SALE SIMS AVENUE Rare! F’hold. 9 sty High Yield! Great Investment! Built up approx 1119sqm, Reno, near MRT/food/ amenities. Ample carpark. No GST. 8233 9095 Jes D14 OFFICE FOR SALE ICON CHANGI Freehold office, 431 sqft SOHO style. Own bath, aircon, pantry. Near amenities, MRT, food court.
      123 words
    • 136 24 D22 FACTORY FOR SALE TUAS SOUTH 2 sty corner terrace fty. B2 URA land 7973/ 9372 sf 3 5 tons overhead crane. val $3.1M ask $3.2M D26 FACTORY FOR SALE ICONIC LIFESTYLE DEVT B1 $5xx psf. F’hold. Close to MRT, NSE aerospace. Invest with huge potential growth. 2357 4176 sf.
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  • Page 25 Advertisements
    • 334 25 YOU ARE EXCLUSIVELY INVITED TO YOUR BIZ RUNWAY OF A LIMITED 248 UNITS! OF yot '*c <9 >5 <v Hi AC SETTING YOUR BIZ STANDARD <0 Q N OC f diiiijjjll id ill 11 LLl W> n* <V liii I Bk ft ■T ms V k i. o s Artist's
      334 words

  • Page 26 Advertisements
    • 234 26 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements DUO RESIDENCES map 1 m'i A SSI ■> m m* si S <Si t m MTV V>v< v< mss tss w,* v Si V v 9A* (QDTZ a UGL company Welcome to our Presentation Today, 11am to 7pm Shaw Tower Lobby (Beach
      234 words
    • 58 26 Historical collaboration between Singapore Malaysia Iconic development, at Ophir Road t. International Renowned Architect Ole Sheeren t 'Integrated Development of Grade A Offices, 1 9 Premium Retail 5-Star Hotel and Luxury 1 2 Residences linking to Bugis MRT 5 Unitlypes from Studio /1 -4 Bedroom Penthouses s Breathtaking view of
      58 words
    • 80 26 432EH& m n; t. :a 0 v DEVELOPER’S SALE 3 Bungalows Toll Heights Land about 5,700sf each Highest land, excellent view 2 storeys attic basement 6 +1 rms With 2 Lifts, ISmetres S/pool Double-height dining area 4 Strata Bungalows Meyer Rd Built-up about 6,500sf each Total Land 11,500 sf (4
      80 words
    • 27 26 i* PropNex ip Good Deal Ft •FH, 3 bdrms, 1550sf •Brand new Sole Agent Very high floor Mins to Somerset Multiple units Unblocked Liao Huimin 9857 8862
      27 words
    • 63 26 10TUS VIIIC Strata Cluster Housing @LorongLTelokKurau m Exclusive 11 -Units of FH Strata Landed Terrace fr 3552sf Up to 5-Ensuites (Basement+3-Sty+Attic) 27m Lap Pool Gym Bbq Exclusive Pte Estate surrounded by landed properties yet convenient Walk to MRT via Siglap Park Connector Near reputable schs/ Easy access via ECP/PIE Near
      63 words

  • Page 27 Advertisements
    • 1130 27 D27 FACTORY FOR SALE WIN5 YISHUN From $2xx psf! B1 ramp-up. Only usable space, no void. Access to individual unit. 744 parking lots. Attractive discount! Call Lina 8366 2801 D03 OFFICE FOR RENT TAI SHAN MANSION 350 to 11,000 sf of office space beside Outram MRT. 5-storey building with lift.
      1,130 words
    • 120 27 FOREIGN PROPERTY FOR SALE UJANA CONDO IN JB Bukit Indah House/F’hold Land Tg Kupang Pekan Nenas /Nusajaya Hotel For Sale *****045 FOREIGN PROPERTY FOR SALE RETAIL -NEXT TO KLCC (KL) 6-sty retail f&b Hub. 2 mins walk to LRT. Exclusive luxury zone. from *****sf. ANZ 9631 6938 DUO RESIDENCES FROM
      120 words

  • Page 28 Advertisements
    • 43 28 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES Shipping Times
      43 words
    • 18 28 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
      18 words

  • Page 29 Advertisements
    • 129 29 mporters coking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II I FREIGHT FORWARDER urgently needed by shippers i Can they find your services here in the Shipping Times? the business times TO ADVERTISE, CALL JOE WONG AT 9620
      129 words
    • 18 29 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
      18 words

  • SINGAPORE STOCKS
    • 3142 30 Transaction date: Oct 24 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company 20 3.1 A-Sonic --AAT Vol Day Last Quote (’000) High Low Buyer Seller Div Gr Yld 11.5 7 AEM
      3,142 words
    • 241 31 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 1.3 unch 400 1.3 1.3 1.2 1.3 20.7 Last Quote Div Gr Yld Net M Cap High
      241 words
    • 11511 31 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.48/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond 2 8804/ FM local Ccy Bond 0 9273/ European Opportunities!" 1 2824/ Global Emerging Markets 1 Global Opportunities/* 1 9235/
      11,511 words
    • 249 31 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 31 Genting HK US$ US45 +1.5 ***** 46 44 45 45.5 2963 Sale 302 191 TanChongInt HK301 -1 162 301 300 300 302 4.3 2.3
      249 words
    • 861 31 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 125 107.1 ABF SG Bond ETF 114.5 3 114.5 114.5 113 114.5 522.7 143 125 CIMB APAC Div 100S$D 130 -0.8 7 130 130 129.3 130.2
      861 words


  • FINANCE & COMMODITIES
    • 600 32 Oct 24 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.74 *****.52 *****.71 Dec13 *****.00 *****.00 *****.00 *****.00 *****5 *****2 Mar14 *****.00 *****.00 *****.00 *****.00 3 325 MSCI TAIWAN INDEX FUTURES SPOT 297.03 297.60 294.70 Oct13 296.10 297.50 294.10 297.30 ***** *****6 Nov13 295.90
      600 words
    • 373 32 In local curr In S$ In US$ dy yr dy yr dy yr Oct 23 Index Change Change Change Change Change Change World Preliminary 1132.9 -0.6 20.8 -0.4 21.4 -0.6 19.7 EAFE Preliminary 926.1 -0.7 19.6 -0.5 19.4 -0.6 17.7 Europe Preliminary 1327.5 -0.5 15.7
      373 words
    • 471 32 Oct 24 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.000 5.858 0.698 7.465 59.262 107.315 0.938 10.215 3.047 1.148 102.481 41.491 1.192 9.421 0.859 28.331 30.023 0.595 0.963 Canada 1.000 5.858
      471 words
    • 40 32 Oct 24 (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.***** 3 mths Source: Thomson Reuters
      40 words
    • 88 32 Oct 24 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-16 101.89 101.95 101.93 5-Year N*****0T 0.5 01-Apr-18 98.99 99.10 99.00
      88 words
    • 134 32 Oct 24 GOLD(US$/oz) Oct 23 Oct 24 Hong Kong 1339.00 1343.00 Oct 22 Oct 23 London 1342.06 1334.26 1342.87 1335.11 Source: Thomson Reuters CAST BAR Oct 24 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 120 53 5gm 340 266 10gm 607 531
      134 words
    • 57 32 Oct 24 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 13 2478.0 2488.0 2478.0 2459.0 353 4777 Dec 13 2464.0 2481.0 2480.0 2456.0 4639 ***** Jan 14 2467.0 2482.0 2481.0 2455.0 ***** ***** Feb 14 2467.0 2482.0
      57 words
    • 155 32 Oct 24 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1918 1.1924 0.9627 0.9631 Canadian dollar 1.1918 1.1924 0.9631 0.9626 Euro 1.7067 1.7072 1.3786 1.3789 NZ dollar 1.0378 1.0383 0.8383 0.8386 Sterling pound 2.0033 2.0036 1.6182 1.6183
      155 words
    • 109 32 Oct 23 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 13 1310.00 1302.25 1318.75 1296.75 Jan 14 1304.00 1297.50 1312.75 1292.25 Mar 14 1283.50 1278.00 1290.00 1273.00 May 14 1266.25 1260.50 1271.75 1256.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 13
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    • 95 32 Oct 23 COCOA (£/tonne) Close Prev High Low Dec 13 1722 1753 1754 1721 Mar 14 1716 1744 1745 1714 May 14 1711 1738 1740 1708 Jul 14 1709 1735 1734 1708 COFFEE(US$/tonne) Close Prev High Low Nov 13 1613 1606 1625 1600 Jan 14 1586 1579 1605 1572
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    • 1198 32 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 19.6 0.0 5 -80 57 Asia-Pacific Strategic W*****6 0.3 1 123 384 85.00 7 Ratio Exer Allied Technologies W*****1 Prem Ascendas Reit MB ECW*****3 Asiatic Grp(Hldgs) Ltd W*****5
      1,198 words
    • 70 32 CRUDE OIL PRODUCTS Oct 23 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.54 -1.28 WTI (Near Mth) 96.38 -1.43 Dubai (1-Mth F) 106.23 -0.57 Tapis blend 116.14 -2.15 Minas 108.34 -0.95 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 101.06 -1.05 Jet Kerosene 123.10 -1.00 US$/barrel OpecOil Basket
      70 words
    • 22 32 Oct 24 S$ Bid Offer 1-month 1.2380 1.2381 2-months 1.2379 1.2380 3-months 1.2379 1.2380 6-months 1.2375 1.2377 Source: OCBC
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    • 65 32 Oct-23 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1797.75 1832.75 3 months 1844.00 1879.00 Copper, Grade A(US$/tonne) Cash 7154.75 7316.50 3 months 7171.00 7332.00 Lead(US$/tonne) Cash 2151.00 2186.50 3 months 2172.50 2205.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
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    • 121 32 As at 9am Oct 24 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.220 1.162 Can dollar 1.214 1.168 Euro 1.746 1.663 Sterling pound 2.038 1.960 NZ dollar 1.066 1.025 US dollar 1.262 1.202 Local dollars to 100 units of foreign
      121 words
    • 154 32 Oct 24 $S Offer Bid 0vernight 0.02 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.05 US$ 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
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  • executive lifestyle
    • 1059 33  -  By focusing solely on South-east Asian art this time round, the fourth Biennale has become an entirely different creature. Can it succeed? HELMI YUSOF reports reports HELMI YUSOF helmi@sph.com.sg IN the art world, biennales have become something of a competitive sport among global cities. Who
      PHOTO: JOHN HENG; PHOTOS: JOHN HENG  -  1,059 words
    • COVER STORY
      • 860 34  -  There are several gems at the Singapore Biennale. HELMI YUSOF highlights just five HELMI YUSOF helmi@sph.com.sg WORMHOLE By Eko Prawoto (Indonesia) YOU could say these mountain-shaped structures outside the National Museum are representative of the Singapore Biennale and its environmental-ly-charged tagline If The World Changed.
        PHOTO: JOHN HENG; PHOTO: HELMI YUSOF  -  860 words
    • ENTERTAINMENT/CINEMA
      • 972 35  -  Rob Schneider, who plays an exaggerated version of himself in his act, says he’s a better stand-up comic now than in the past. GEOFFREY EU reports reports GEOFFREY EU HE’S inhabited a succession of wacky characters and outrageous personas over a 25-year movie and television career but lately,
        972 words
      • 624 35  -  By GEOFFREY EU IMAGINE a movie where Upstairs Downstairs meets the Black History Channel and you get a pretty good picture of what The Butler has to offer. It tells the story of a sharecropper’s son who grows up to become a butler at
        PHOTO: AP  -  624 words
      • 498 35  -  By GEOFFREY EU PAUL Raymond was a notorious purveyor of seedy strip clubs and soft porn in London’s Soho district, so The Look of Love a biopic about his business successes and lifestyle excesses would appear to be a bit of a misnomer.
        498 words
    • ARTS
      • 684 36  -  Praying Mantis features dancers and Video art on flash drive, says CHEAH UI-HOON uihoon@sph.com.sg HAVE memory stick, will travel. A collaboration between a dance choreographer and a film producer resulted in an almost cinematic spectacle of movement on stage with just a few dancers
        684 words
      • Around Town
        • Article, Illustration
          98 36 The Club 21 Bazaar: From formal shirts and party dresses to fancy brogues and decadent accessories, spoil yourself with some great buys at The Club 21 Bazaar. With discounts up to 85 per cent off top designer brands like Mugler, Marni, Stella McCartney and more, you won’t find a
          98 words
        • Article, Illustration
          100 36 OneRepublic: American rock band OneRepublic (below) will rock Singa- pore next Tuesday for one night only. The five-man band is best-known for their hit songs “Apologise”, “Stop And Stare”, “All The Right Moves”, “Secrets”, “Good Life”, “If I Lose Myself” and “Counting Stars”. Expect to hear a selection of
          100 words
        • 103 36 Menstrual Man:Local director Amit Virmani’s documentary Menstrual Man is back for an encore season. It tells the story of Muruganantham, who dropped out of school in India and embarked on a mission to produce low-cost sanitary pads for his wife. His success eventually led to himself being seen as
          103 words
        • 139 36 To be a Lady: An International Celebration of Women in the Arts: Join the Sundaram Tagore Gallery in their celebration of what it means to be a woman. To be a Lady: An International Celebra tion of Women in the Arts will feature a selection of works by female
          139 words
        • 168 36  -  Compiled by RACHEL LOI rachloi@sph.com.sg after 2 plus 10:Each year, Nafa’s furniture design students who have completed their second year of study put up an exhibition of their works. Titled after 2, it is a platform for students to test the commercial marketability of their work and for market
          168 words
      • 671 36  -  By CHEAH UI-HOON uihoon@sph.com.sg IN his first solo exhibition after receiving the Cultural Medallion in 2009, artist Ang Ah Tee will present some 50 works this time with semi-abstract leanings and with less focus on form, rather than the representational style that he’s known for.
        671 words
      • 565 36  -  By RACHEL LOI rachloi@sph.com.sg MOST people spend their money collecting luxury items like watches, jewellery and and other designer goods, but not Lita Cabellut. Instead, the Spanish artist has an obsession with collecting Asian sculptures, and even has a room dedicated to Buddha sculptures in
        565 words
    • WINE
      • 1226 37  -  The Domaines of Jadot and Drouhin are featured becauseNK YONG doesn’t restrict his Burgundy preferences to just ‘grower’ wines NK YONG I SPENT a week in Burgundy earlier this month to look at the 2012s now that they are safely in barrel. Weather conditions
        PHOTO: NK YONG  -  1,226 words


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