The Business Times, 10 December 2013

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

Microfilm: NL32902
Total Pages: 50
1 20 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Tuesday, December 10, 2013
    25 words
  • Article, Illustration
    Lock icon Muted impact expected on business confidence
    892 1  -  But reliance on foreign labour may face further scrutiny By KELLY TAY, MALMINDERJIT SINGH kellytay@sph.com.sg msingh@sph.com.sg [SINGAPORE] Singapore’s reliance on foreign labour will inevitably come under more scrutiny after Sunday night’s riot, but observers say that it is not likely nor is it desirable
    BT Graphics: Patricia P. Husada, Jonathan Goh Source: Singapore Police Force, Singapore Civil Defence Force  -  892 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,113.64 (-0.53) HST INDEX FUTURES 3,108.00 (-1.00) GSIMSCI 358.96 (+0.16) GSIMSCI FUTURES 357.70 (+0.60) US$ S$ US$ (S$ per US$) 1.252 (US$/S$ per 1.636 2.048 EURO (US$/S$/€ 1.370 1.715 Foreign currency per US$ S$ YEN 103.10 82.30 RM 3.223 2.574 HK$ 7.754 6.194 BAHT 32.15 25.68 RUPIAH
      65 words
    • Article
      Lock icon MARKETS
      48 1 Monday Change KL COMP 1,841.87 +14.92 NIKKEI 225 15,650.21 +350.35 HANG SENG 23,811.17 +68.07 SET INDEX 1,367.42 +5.85 JAKARTA COMP 4,214.34 +33.55 MANILA COMP 6,008.94 -6.00 SEOUL COMP 2,000.38 +19.97 SHENZHEN B 896.84 -0.50 MUMBAI IND 21,326.42 +329.89 11.00am EST Change DOW 16,030.98 +10.78 NASDAQ 4,072.94 +10.42
      48 words
    • Article
      Lock icon PRIME RATES
      20 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 JAPAN 14.561 TAIWAN 5.036 JAPAN 1.475 SWITZERLAND 9.33 BRITAIN Source: Bloomberg
      20 words
  • Article, Illustration
    Lock icon Thai PM dissolves Parliament, calls for early elections
    674 1 AP Reuters [BANGKOK] Desperate to defuse Thailand’s deepening political crisis, Prime Minister Yingluck Shinawatra yesterday said she is dissolving the lower house of Parliament and calling for early elections. But the moves did nothing to stem a growing tide of more than
    AP; Reuters; PHOTO: REUTERS  -  674 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      47 1 COMPANIES DBS bags $18b of foreign currency bond deals in ’13 PAGE 6 COMMENTARY Cheap beans the food of New America PAGE 23 SME Inc Going ‘green’ with interiors PAGE 14 PROPERTY Two residential sites up for collective sale PAGE 29 *****1 11 *****4 In partnership with
      47 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      473 2 Riot to put foreign labour reliance under scrutiny WHILE foreign labour policies will inevitably come under greater scrutiny after Sunday’s riot, observers say it is not likely for the government to further tighten the inflow of foreign workers. FRONT PAGE Thai PM dissolves Parliament, calls for early elections
      473 words
    • Article, Illustration
      Lock icon Framework for integrated reporting launched
      851 2  -  Aim is to provide greater insight into resources used by and relationships affecting a company By MICHELLE QUAH michquah@sph.com.sg [SINGAPORE] Integrated reporting, which looks at the ability of a business to create value in addition to its financial performance, got a significant boost on Sunday
      FILE PHOTO  -  851 words
    • Article, Illustration
      Lock icon Restaurants see revenue dropping by a third
      633 4  -  Owners expect many customers to shy away from the area over safety concerns RIOTING IN LITTLE INDIA Reports by MALMINDERJIT SINGH msingh@sph.com.sg [SINGAPORE] Restaurants in Little India expect to be significantly hit by Sunday night’s riot as they think that customers would shy
      PHOTO: AFP  -  633 words
    • Article
      Lock icon Chronology of a riot
      712 4 [SINGAPORE] It has been found that the victim of the fatal accident that may have sparked the riot at Little India on Sunday night was intoxicated at the time of the incident. The 33-year-old male Indian national, Sakthivel Kumaravelu, had boarded the private bus, which was
      712 words
    • Article, Illustration
      Lock icon Levies for Penang property buys seen as deterrent, not deal-breaker
      581 4  -  By PAULINE NG in Kuala Lumpur NEW levies on foreign buyers of Penang property are more of a deterrent than a deal-breaker, the head of a developers’ association said yesterday after more measures were introduced to curb speculation and tackle
      581 words
    • Article
      Lock icon Japan revises down Q3 growth
      561 4  -  But business sentiment continues to improve and stock market keeps rising By ANTHONY ROWLEY in Tokyo A sharper-than-expected downward revision in Japan’s thirdquarter economic growth has failed to dent improving business sentiment or the upward march of the Tokyo stock market, while the yen’s further
      561 words
    • Article
      Lock icon Three tweaks to EC scheme
      472 4  -  By ONG CHOR HAO ongch@sph.com.sg [SINGAPORE] The executive condominium (EC) scheme has been tweaked to bring the terms for ECs closer to that for public housing and to support a stable and sustainable EC market. The Ministry of National Development said yesterday that there will
      472 words
    • Article, Illustration
      Lock icon Madame Tussauds S’pore to launch by H2 2014
      442 4  -  By yiwenc@sph.com.sg CHAN YI WEN yiwenc@sph.com.sg [SINGAPORE] Asia’s favourite playground just got even better. The Sentosa Development Corporation (SDC) has signed an agreement with Merlin Entertainments to bring Madame Tussauds to Singapore by the second half of 2014. The new partnership will
      442 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      85 2 .,ooo |PQ 0 I m m/ \\'•'A III >: '0 0 X v'< l r/M TEO m fi o n mHg rt m hp X rt e 65 f 'v N N' MALAYSIA SINGAPORE JAKARTA BANGKOK PARAGON T: (65) 6333 6663 PARAGON T: (65) 6333 6663 GALLERIA GRAND HYATT T:
      85 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      164 3 jm tlx r&M. ta 65 .1. 500 r/ 70 35 T\ o OMEGA x\' GO 12 EH! I 3 2D S' N B < i i < CO-AXIAL CHRONOMETER \x 170 A 160 S VV/SS 'n 100 150 HO 120 130 140 ■•v V i A v J„ x v
      164 words
Page thumbnail Page 4
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      182 5 rrSS^**V DA ■^s ssf: sa&TSPS -s *3*. RESIDENCE nr ■2»* >'i THE HILLS h v.V. Ste iSS. ,;x a -c.-. ns X X m ilili A J X. 3 V/ A rfil Mh mz -<• v V' v\ 7. J,;- '»►;>, g -7 i HI P" m JX •zi&i SPSSJi
      182 words
Page thumbnail Page 6
  • COMPANY NEWS
    • Article, Illustration
      Lock icon DBS bags $18b of foreign currency bond deals in ‘13
      764 6  -  Bank is backed by strong balance sheet and track record in structuring deals By SIOW LI SEN lisen@sph.com.sg THE Singapore-dollar (SGD) debt market may have slowed down this year but DBS Bank has powered ahead with foreign-curren-cy bond deals, raking
      764 words
    • Article
      Lock icon Moody’s expects stable outlook for S-Reits in 2014
      443 6  -  By tanmindy@sph.com.sg MINDY TAN tanmindy@sph.com.sg THE outlook is stable for the Singapore real estate investment trust sector next year, with Moody’s 13 rated S-Reits expected to grow by 4 per cent, fuelled by a larger asset base and rent increases on existing
      443 words
    • Article
      Lock icon S&P cuts ThaiBev rating to below investment grade
      453 6  -  By KENNETH LIM kenlim@sph.com.sg STANDARD Poor’s Ratings Services (S&P) has cut Thai Beverage Public Co’s credit rating to below investment grade to reflect the weaker combined profile of its corporate group. S&P on Monday downgraded ThaiBev’s long-term corporate rating by a notch
      453 words
    • Article
      Lock icon Popular Holdings posts Q2 loss of $52,000
      379 10  -  12.5% rise in revenue to $136.5m fails to boost bottom line BY ONG CHOR HAO ongch@sph.com.sg DESPITE higher revenue, Popular Holdings sank to a net loss of $52,000 in its fiscal second quarter, from a $1.73 million net profit a year ago. For
      379 words
    • Article
      Lock icon Hedge fund gold wagers slump to their lowest since 2007
      296 10 Bloomberg [NEW YORK] Hedge funds are the least bullish on gold since 2007 as signs of faster US economic growth bolster the case for the Federal Reserve to trim stimulus and cut demand for haven assets. The net-long position in
      Bloomberg  -  296 words
    • Article, Illustration
      Lock icon Cordlife ups stake in StemLife to 31.81%
      365 10  -  It pays RM17.66m for additional 11.89% holding By VIVIEN SHIAO vshiao@sph.com.sg CORDLIFE Group has acquired a further 11.89 per cent interest in StemLife Berhad, an associated company of Cordlife which is listed on the ACE Market of Bursa Malaysia, for RM17.66 million (S$6.9
      365 words
    • Article
      Lock icon Raffles Education in deal to divest Hebei land and property
      360 10  -  By JOYCE HOOI joyceh@sph.com.sg A SUBSIDIARY of Raffles Education Corporation will sell land use rights and property in China’s Hebei province to Langfang He Ying Property Development Co (He Ying) through a joint-venture firm and a put option agreement. Raffles
      360 words
    • Article, Illustration
      Lock icon US$11b sales in the offing as China ends IPO freeze
      793 11 State-owned companies to lead more than 760 awaiting listings IPO BOOM Bloomberg [HONG KONG] China’s decision to end a 15-month freeze on initial public offerings may unleash at least US$11 billion of share sales in the first half of next
      Bloomberg; PHOTO: REUTERS  -  793 words
    • Article
      Lock icon IPO resurgence keeps Aussie bankers busy
      616 11 Surge in fees from underwriting; 2014 seen to be as active Reuters [HONG KONG/SYDNEY] Bankers in Australia have much to cheer this Christmas as fees from underwriting IPOs surge 10-fold this year, and many are now betting on an equally active year in 2014
      Reuters  -  616 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      224 6 Luxurious moment with a touch of THAI FIRST CLASS FARES from *2,278 *4,098 Hong Kong Tokyo *6,138 Frankfurt London Milan Munich Paris Rome BUSINESS CLASS FARES from *798 Bangkok *1,578 *1 ,238 Hong Kong y 1 /a A STAR ALLIANCE MEM 3ER Beijing Chennai Delhi Dubai Shanghai *3,658 Brussels Copenhagen
      224 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      437 7 DBS TREASURES Q PRIVATE CLIENT v Investment expertise steeped in Asian insights Lifestyle privileges served with Asian hospitality. Experience the best of both worlds with DBS Treasures Private Client. Receive S$2,500 in ION Orchard shopping vouchers with S$750,000 placed in deposits* To find out more, scan this code, Contact our
      437 words
Page thumbnail Page 8
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon US rally fails to bolster market
      566 8  -  Listless trading saw turnover of $1b, 52% of which came from STI component stocks STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent WALL Street’s large rebound on Friday, which was reportedly because of strong US jobs data, was largely shrugged off here yesterday. Trading remained as
      Source: Bloomberg  -  566 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 8 Dec 9 VALUE CLOSE BT OB/OS -338.00 +65.00 BT CADI -*****.00 +22.00 BT 10-day MA -*****.00 -33.00 FTSE ST Mid Cap 711.72 +0.80 FTSE ST Small Cap 531.13 +1.54 FTSE ST All Share 755.55 +0.21 FTSE ST China Top 196.25 +0.18 FTSE ST China 223.99 +0.73 FTSE
      73 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 8 2 0 0 0 4 8 2 Manufacturing 33 42 54 7 6 11 40 48 65 Commerce 20 20 18 6 1 5 26 21 23 Tpt/Stor/Comms 15 13 9
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Telecommunications sector
        262 8 Phillip Securities Research, Dec 9 THE telecommunications sector under our coverage consists of SingTel (“Accumulate”, target price $3.61), StarHub (“Accumulate”, target price $4.52) and M1 (“Accumulate”, target price $3.55). StarHub and M1 are pure plays to the Singapore market, while SingTel has exposure to the Asia-Pacific region through
        Source: Bloomberg  -  262 words
      • Article, Illustration
        Lock icon Retail Reits
        517 8  -  Compiled by ANDREA SOH UOB KayHian, Dec 9 WE visited newly opened malls, including Bedok Mall in Bedok, Westgate in Jurong East and The Heeren (Robinsons Orchard). We see a rising trend of differentiated retail offerings at the newly opened malls as landlords take on challenges from online
        Source: Bloomberg  -  517 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      122 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 9,435 9,435 46,874 46,874 Manufacturing 172,970 26,658 199,628 82,690 949 83,638 Commerce 138,166 419,108 557,274 64,492 54,225 118,718 Tpt/Stor/Comms 85,498 11,038 96,536 158,577 1,365 159,941 Finance 92,396 45 92,441 140,893 17 140,909 Construction 62,835 373,885
      122 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      116 8 Stock name Close Change CapMallsAsia 1.915 -0.020 CapitaLand 3.010 -0.010 CapitaMall 1.870 -0.005 CityDev 9.790 -0.010 ComfortDelGro 1.925 -0.035 DBS Grp 16.750 -0.060 GLP 2.940 Genting SP 1.475 -0.010 Golden Agri 0.555 +0.010 HK Land 6.060 +0.120 HPH Trust US$ 0.645 -0.005 JMH 51.790 +0.190 JSH
      116 words
    • Article, Illustration
      Lock icon Korean won touches 28-mth high vs US$
      561 8 CURRENCIES Reuters [SEOUL] The South Korean won ended higher in domestic trade yesterday, touching its strongest level in 28 months against the dollar as optimism from firm US payroll data last week boosted investor appetite for riskier assets. It was quoted at 1,053.0
      Reuters; PHOTO: BLOOMBERG  -  561 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 8 VOLUME Charisma Energy 372,526,000 Vallianz Hldgs 369,641,000 HanKore 215,520,000 Blumont 201,508,000 *Genting HK US$ 137,496,000 Innopac 77,890,000 DragonGp 64,881,000 Charisma W*****3 60,069,000 Ntegrator 42,147,000 IPCO Intl 39,815,000 VALUE($) SingTel 90,506,105 *Genting HK US$ 78,229,789 DBS Grp 66,375,170 Vallianz Hldgs 48,387,757 UOB 31,514,110 OCBC Bk 29,464,820 Keppel Corp
      59 words
    • Article
      Lock icon RISES
      113 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 400.6 3.1 IS S&P500 ***** 389.3 1.7 Lyxor Indonesia10US$ 7109 67.6 0.8 DBXT MSAsExJp 10US$ 3448 46.3 1.1 Lyxor MS India 10US$ 1356 37.6 2.3 DBXT MSTHAI 10US$ 1891 30.0 1.3 DBXT FTChina25 10US$ 3112 27.5 0.7 JMH 5179 23.8 0.4
      113 words
    • Article
      Lock icon FALLS
      118 8 BY CENTS CLOSE DOWN Lyxor ThaiSET 10US$ ***** -132.7 -0.9 DBXT MSEurope 10US$ 5762 -97.6 -1.3 JSH 3210 -23.8 -0.6 IS MSCI Spore 1320 -15.0 -0.9 DBXT FTVietnam 10US$ 2469 -13.8 -0.4 DBXT MSRussia 10US$ 300 -10.0 -2.6 UOL 595 -8.0 -1.3 DBS Grp 1675 -6.0 -0.4 Straits Trdg
      118 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      694 9 ADVERTORIAL ICAEW ICAEVV CELEBRATING EXCELLENCE CELEBRATING EXCELLENCE 2013 i w t I a k i w a klSIBps Left to right: Goh Kia Hong (NTU), Yeoh Oon Jin (PwC), Kon Yin Tong (Grant Thornton), Ravi Arumugam (RT LLP), Martyn Jones (ICAEW President), Hai Shan He (PwC), Cherry Marie Chi (Helmi
      694 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      161 10 -4 ■ssSpe m C2 liifl 'i S» i -~n- s PS Our Project Highlights within these buildings O Hotel Equarius fl/ind Systems for Rooms O Hotel Michael Blind Systems for Rooms O St. Regis Hotel Full Blinds Setup O Fullerton Bay Hotel Blind Systems for Rooms Lobby O Duke-NUS Full
      161 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 2
      128 10 0 sir BE HLURR Built Environment Industry Asia Awards 2013 Congratulation to Mr Alex Tan Director of E.id Projects Pte Ltd for being conferred the BEI Asia Awards 2013 Enterprising Award E.id Projects Pte Ltd, is a renowned and accomplished commercial interior fitting and furnishing company. We work closely with
      128 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      21 11 DECEMBER ISSUE OUT NOW! NOW AVAILABLE IN DIGITAL EDITION FOR TABLETS AND SMARTPHONES! 50%OFF1-YEAR DIGITAL SUBSCRIPTION DOWNLOADTORQUESINGAPORE FROM THESE PLATFORMS: WWW.TORQUE.COM.SG
      21 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 2
      215 11 Price information such as the Intraday Market Ticker allows you to receive live updates of the high volume and high value counters for the day. You can now spot the bullish counters and take position fast, thus allowing you to grab all profit-making opportunities. The Intraday Market Ticker comes with
      215 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 3
      75 11 jm THE WORLD’S FINEST SERVICED VIRTUAL OFFICES Variety of offices to cater to your every need Prestigious address, dedicated receptionist secretarial support, 5 star meeting rooms boardrooms Experience world leading IT and communications technology Take advantage of flexible lease terms from 1 month iW rfi) M* rtVxet Company Registration Services
      75 words
Page thumbnail Page 12
  • SINGAPORE NEWS
    • Article
      Lock icon Singapore hopeful of TPP deal before year end
      415 12  -  PM Lee cites ‘heavy determination’ to wrap things up soon By LEE U-WEN in Seoul leeuwen@sph.com.sg SINGAPORE remains hopeful that the 12 countries involved in the Trans-Pacific Partnership (TPP) free-trade talks can still hammer out a deal before the year is up.
      415 words
    • Article, Illustration
      Lock icon PM visiting South Korea and Japan this week
      548 12  -  He’ll meet S Korean President, Japan premier; and attend Asean-Japan summit By in LEE U-WEN in Seoul leeuwen@sph.com.sg PRIME Minister Lee Hsien Loong is spending the rest of this week in South Korea and Japan, the two economic powerhouses that are among
      AFP FILE PHOTO  -  548 words
    • Article
      Lock icon Q1 2014 hiring prospects favourable: survey
      622 12  -  19% of employers polled expect to recruit staff; 3% to trim workforce By CHUANG PECK MING peckming@sph.com.sg THE employment outlook in Singapore is tipped to stay favourable in the first three months of next year, says the Manpower employment group. And Singapore is expected
      622 words
    • Article, Illustration
      Lock icon ABN Amro to hire more commodities staff in Asia
      546 12 Trade finance a key area as demand from China grows Bloomberg [SINGAPORE] ABN Amro Group NV, the state-owned Dutch bank that’s expanding overseas, plans to add commodity staff next year in Asia where its trade-fi-nance business is growing as China increases
      Bloomberg; BLOOMBERG FILE PHOTO  -  546 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      59 12 Looking to showcase and sell your Food Products, Cooking Solutions, Kitchen Appliances Accessories? NOW! *****620 or Email: sales@exhibitsinc.com.sg Organised By: Our Food Shows: (Organiser of IT Show, Food Beverage Fair, COMEX, World Food Fair, Consumer Electronics Exhibition and Food Kitchen Show) BLOCK 8, LORONG BAKAR BATU #07-07, S (*****3) TEL:
      59 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      2005 13 ADVERTISEMENT FOODPOLIS: A Strategic Gateway to Northeast Asian Dynamism Korea’s international agri-food cluster targets rapid growth WMu Something special is transpiring in Korea’s FOODPOLIS ancient culinary capital. On the country’s southwest coast, within easy reach of China and Japan, Korea is developing a huge complex that will provide multinational food
      2,005 words
Page thumbnail Page 14
  • SME Inc
    • Article, Illustration
      Lock icon Going ‘green’ with interiors
      1166 14  -  L&Rui intends ‘to balance the hardware of interior with the soft elements offered by nature’, reportsJASLENE JASLENE PANG WITH the mantra of sustainable development growing ever stronger, interiors conceived with a “green” approach will soon be a requisite in Singapore’s interiors landscape, according to Sae Kok
      PHOTO: ARTHUR LEE  -  1,166 words
    • Article, Illustration
      Lock icon From objective to outcome, via dialogue
      1109 14  -  Management communication is not about command or pulling rank, but rather influence to ‘make things happen’ COMMENTARY By NARENDRA AGGARWAL AS managing a company becomes more complex with its growth in size and business diversity, mastering the art of management communication becomes critical to
      FILE PHOTO  -  1,109 words
    • Article, Illustration
      Lock icon Schools and the entrepreneurial spirit
      1060 15  -  Survey shows only less than 10% of NTU students want to be entrepreneurs after graduating THE VIEW FROM NTU PROFESSORS By CHAN KIM-YIN, MARILYN UY AN exam-heavy school system is often blamed for swaying Singaporeans away from the path of entrepreneurship. Yet, education may hold
      PHOTO: REUTERS  -  1,060 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      65 14 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
      65 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      250 15 FUTURE i I t I I I I I I I ffi CHINA Grooming future leaders to be “China-ready “China-savvy” and “Connected” ~7 < 1 Jube Zhong Deputy General Manager (Strategy Planning Leasing) Yanlord Land (Chengdu) Co., Ltd Voo Choon Ling Group Financial Controller Woodlands Transport Service PteLtd Wu Xiuyi
      250 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 2
      116 15 The office you need, where you need it i i II! r Ti I v-^s-*s as Whatever kind of office space you want, you’ll only ever pay for what you use nothing more. If you need an office all of the time, or part time, we can help. If you
      116 words
Page thumbnail Page 16
  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Malaysia, Brunei settle longstanding territorial dispute
      516 16  -  Petroleum Brunei to acquire interest in Petronas’ US$5b Canadian project By in S JAYASANKARAN in Kuala Lumpur MALAYSIA’S national oil firm Petronas yesterday announced a series of agreements with Brunei’s oil authorities to settle a longstanding territorial dispute over offshore oil resources between the
      PHOTO: BLOOMBERG  -  516 words
    • Article
      Lock icon MAS set to shed loss-making routes
      315 16 [KUALA LUMPUR] Ailing Malaysia Airlines (MAS) may axe services to several unprofitable destinations to cut costs, said group chief executive officer Ahmad Jauhari Yahya. However, he did not say which routes MAS was reviewing. It is learnt that routes to Europe, the Middle East,
      315 words
    • Article
      Lock icon Indonesia trying to skirt mineral ore exports ban
      261 16 Reuters [JAKARTA] The Indonesian government is still trying to find a way around a mineral ore export ban that Parliament is refusing to allow it to sidestep, Chief Economic Minister Hatta Rajasa said yesterday. The ban, which comes into effect next month,
      Reuters  -  261 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      90 16 > r r w »v •V /< UUi K —k rs ——/4 /< K I-I rl HIGHEST OFFER FOR YOUR CAR SGCARMART.COM/QUOTZ Live bidding by over 300 used car dealers. Sell your car by auction! Call 6744 7571. No obligation to sell. New Car Used Car Sell Car Motor Directory
      90 words
Page thumbnail Page 17
  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Slower China inflation eases tighter policy fears
      562 17 Consumer inflation fell unexpectedly to 3% in November from 3.2% Reuters [BEIJING] China’s annual consumer inflation unexpectedly slowed in November, easing market fears of any imminent policy tightening as authorities meet this week to outline their policy and reform priorities for 2014. Rising
      Reuters; PHOTO: REUTERS  -  562 words
    • Article
      Lock icon HKEx waiving some fees to help smaller brokerages
      317 17 Bloomberg [HONG KONG] Hong Kong Exchanges Clearing Ltd, the third-biggest bourse operator by market capitalisation, will waive some fees to help small brokerages cut costs, after 14 securities firms in the city closed down this year. Among those shut was King Fook
      Bloomberg  -  317 words
    • Article
      Lock icon India issuing CPI-linked bonds to lure savings
      628 17 The 10-year notes will pay inflation rate plus 1.5% Bloomberg [MUMBAI] India will offer bonds to protect individuals from the fastest con-sumer-price gains among major Asian economies, encouraging households to invest their savings in financial products instead of buying gold. From mid-December, retail
      Bloomberg  -  628 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      410 17 beats notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ALPHASOFT PTE LTD (Co. Reg. No. *****0908R) (IN MEMBERS’ VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act
      410 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 2
      415 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NIBC SERVICES LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****8618Z NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at Carnegieplein 4, The Hague, The Netherlands on the 2nd day of December
      415 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 3
      369 17 IN THE MATTER OF THE COMPANIES ACT (CAP.50) AND IN THE MATTER OF ISOFT HOLDINGS (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NO. *****3574R EXTRACT OF THE MINUTES OF AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY SIGNED BY THE REPRESENTATIVE OF THE HOLDING COMPANY PURSUANT TO SECTION 179(6)
      369 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 4
      369 17 IN THE MATTER OF THE COMPANIES ACT (CAP.50) AND IN THE MATTER OF IBA HEALTH (SINGAPORE) PTE. LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NO. *****2081Z EXTRACT OF THE MINUTES OF AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY SIGNED BY THE REPRESENTATIVE OF THE HOLDING COMPANY PURSUANT TO SECTION 179(6)
      369 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 5
      439 17 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF BORNEO TECHNICAL (S) PTE. LTD. (In Members’ Voluntary Liquidation) Co. Registration No. *****0477G Notice is hereby given, pursuant to Section 308(2) of the Companies Act, Cap. 50, that the Final General Meeting of the members of
      439 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 6
      344 17 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ALHAMBRA PTE. LTD, (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****6258D) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS Notice is hereby given that the creditors of the abovenamed Company, whose debts or claims have not
      344 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 7
      0 17 !\:;'$^],&;/$/=>|_"_(`;%%>$-=*=
      0 words
Page thumbnail Page 18
  • WORLD
    • Article
      Lock icon Lawsuits likely next hurdle for Volcker rule
      928 18 Banks may challenge the measure on procedural grounds and argue it partly contradicts Dodd-Frank law Reuters [WASHINGTON] When US regulators adopt the Volcker rule today, they will make good on a promise by politicians to rein in banks’ ability to gamble with their
      Reuters  -  928 words
    • Article, Illustration
      Lock icon Japan public works boom evokes sense of deja vu
      889 18 Echoes of the ‘lost decade’ ring in Abe govt’s new stimulus NYT [SAGA, Japan] The bulldozers started up with a rumble this year in this bucolic corner of southern Japan, unleashing a construction frenzy and a sinking feeling of déjà vu.
      NYT; PHOTO: NYT  -  889 words
    • Article, Illustration
      Lock icon Abe gets Toyota-Hitachi help in Japan push for wage gains
      783 18 Bloomberg [TOKYO] Japanese Prime Minister Shinzo Abe urged companies to increase wages faster than gains in the cost of living to break the legacy of 15 years of deflation, and praised Toyota Motor Corp and Hitachi Ltd for pledging to
      Bloomberg; PHOTO: BLOOMBERG  -  783 words
    • Article
      Lock icon Busiest year-end for sukuk sales ahead of Fed tapering
      484 18 Islamic bond sales hit record US$4.7b in last quarter Bloomberg [DUBAI] Islamic bond sales in the Persian Gulf are poised for the busiest fourth quarter on record as borrowers seek to lock in lower-cost funding before the US Federal Reserve cuts
      Bloomberg  -  484 words
    • Article, Illustration
      Lock icon Strategists see Kospi index rising to a record in 2014
      734 19 On average, benchmark gauge is forecast to rally 18% next year to 2,341 Bloomb erg [SEOUL] South Korea’s equity strategists say the Kospi index will rise to a record in 2014 as export earnings climb and Asia’s lowest valuations lure
      Bloomberg; PHOTO: AP  -  734 words
    • Article
      Lock icon US budget deal will minimise risk of govt shutdowns
      604 19 But it will not address increase in federal debt limit Reuters [WASHINGTON] A minimalist US budget deal that congressional negotiators hope to reach in coming days will do almost nothing to tame rising federal debt, but it could usher in a
      Reuters  -  604 words
    • Article
      Lock icon UK wages grow at fastest rate in six years
      320 19 Reuters [LONDON] Wages in Britain grew at their fastest rate in six years during November, a labour market survey indicated yesterday, providing a rare signal that a long-term decline in real incomes is being checked by a return to economic growth.
      Reuters  -  320 words
    • Article
      Lock icon Fed stimulus will end next year, says economists’ survey
      307 19 AP [NEW YORK] The vast majority of business economists believe that the Federal Reserve will begin to pull back on its massive economic stimulus programme in the first three months of next year, according to a November survey by the National
      AP  -  307 words
    • Article, Illustration
      Lock icon HSBC considering listing UK banking arm: report
      530 20 Move is to help meet UK regulation and unlock value for shareholders Reuters [LONDON] HSBC Holdings is considering floating up to 30 per cent of its British retail and commercial banking arm to help meet UK regulation and unlock value for shareholders, the
      Reuters; PHOTO: BLOOMBERG  -  530 words
    • Article
      Lock icon Julius Baer gains new foothold in Mid East
      377 20 It takes over businesses in Lebanon, Bahrain, UAE as it integrates Merrill Lynch ops Bloomberg [DUBAI] Julius Baer Group took over businesses in Lebanon, Bahrain and the United Arab Emirates as Switzerland’s third-largest wealth manager integrates the Merrill Lynch operations acquired from
      Bloomberg  -  377 words
    • Article
      Lock icon German trade surplus narrows as imports grow
      407 20 Reuters [BERLIN] Germany’s trade surplus narrowed in October on a jump in demand for imports from firms and households, while industrial output unexpectedly fell, signalling a mixed start to the fourth quarter for Europe’s biggest economy. Factory production dropped for the second month
      Reuters  -  407 words
    • Article
      Lock icon Tech firms urge Washington to keep snooping in check
      408 20 Apple to Google feel urgent need for curbs on surveillance Bloomberg [TAIPEI] Technology companies including Apple and Google called on the US government to reform surveillance practices after revelations that the National Security Agency (NSA) gained access to private networks to
      Bloomberg  -  408 words
    • Article, Illustration
      Lock icon North Korea sacks Kim Jong Un’s powerful uncle
      610 20 AP [SEOUL] North Korea announced yesterday it had sacked leader Kim Jong Un’s uncle, long considered the country’s No 2 power, saying corruption, drug use, gambling, womanising and generally leading a “dissolute and depraved life” had caused Pyongyang’s highest-profile fall from grace
      AP; PHOTO: AFP  -  610 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      14 19 Which healthcare stocks are worth investing? To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      14 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 2
      386 19 LOST SHARE CERTIFICATE The following share certificates have been reported lost, destroyed or mislaid:Name of Company Certificate No. In the Name of No. of Shares Hong Fok Corporation *****07 Chung Hong-Shen 1 x 1,000 Limited -do-*****11/3312 -do-2 x 1,000 -do-*****11/6713 -do-3 x 1,000 -do-*****50,*****44 -do-2 x 1,000 -do-*****41/8742 -do-2 x
      386 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 3
      393 19 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ZONE ENGINEERING PTE LTD Co Reg No: *****3062D (Incorporated in Singapore) (In Members’ Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Chapter 50, the Final
      393 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      20 20 SINGAPORE’S HIT MUSIC STATION fk THE SHAN CHERYL SHOW WEEKDAY MORNINGS 6-IOflM iHOT fM 91.3 D facebook.com/hotfmsg $0 @hotfmsg www.hotfm.sg
      20 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 2
      55 20 HOT PROPERTY r antNTON HOUSE OFFlrp r rent Attractive SS p r im a i Near MRT. me oca fr°n. MRT) T |800 N s™t pS t Pa ar Suits architect/IT firm/etc CENTRAL OFFICES FOR RENT Check this and many other properties in CATS Classified in The Straits Times now!
      55 words
Page thumbnail Page 21
  • AVIATION/SHIPPING
    • Article
      Lock icon American Air’s stock set to rise on optimism
      681 21 It is hoped carrier can avoid common pitfalls of mergers Bloomberg [DALLAS] American Airlines Group Inc, which was formed yesterday when AMR Corp and US Airways Group Inc combined, is poised to rise on confidence that the world’s largest carrier can avoid
      Bloomberg  -  681 words
    • Article, Illustration
      Lock icon US cold weather continues to ground thousands of flights
      544 21 Dallas-Fort Worth airport is hardest hit with 400 cancelled on Sunday alone AP [PORTLAND] Cold weather has forced thousands of flights to be cancelled across the US, leaving many travellers frustrated for yet another day. The tracking website Flightaware.com estimates that
      AP; PHOTO: AFP  -  544 words
    • Article
      Lock icon TRANSPORT STOCKS
      247 21 SGX '000 Dec 09 S$ +/-Vol Ch Offshore 0.43 -0.01 30 Chuan Hup Hldg 0.26 0.01 44 Cosco Corp 0.72 unch 630 Cwt Limited 1.29 0.01 170 Ezra Hldgs 1.47 0.03 9173 First Ship Lea unch unch 0 Grand Banks Chuan Hup Hldg Jaya Hold Ltd 0.26 K1Ventures
      247 words
    • Article, Illustration
      Lock icon Hapag-Lloyd CEO eyes growth via consolidation
      395 21 The German shipping company is holding merger talks with Chile’s Vapores Reu ters [HAMBURG] German shipping company Ha pag-Lloyd’s merger talks with Chile’s Vapores may herald further deals with other peers, its chief executive said, as the group strives to catch up with the
      Reuters; PHOTO: REUTERS  -  395 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      43 21 ASIA'S LEADING LUXURY YACHTING MAGAZINE K m HOW A VA|LABLfc iPAD android If B0ATING A SUBSIDIARY OF SPH MAGAZINES PTE LTD Blu Inc Media (HK) Ltd. Tel: 852 2165 2800 Fax: 852 2868 1799 www.bluincmedia.com Enquiry: queries@bluincmedia.com Subscribe at sub@bluincmedia.com l ii www.asia-pacificboating.com
      43 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      316 21 CRYPTIC CROSSWORD Across 1 In awe of deserter returning on board ship with transport (4-6) 6 Priest left with a degree (4) 9 Phones Mafia and lies badly (7) 10 Be left in the air, floundering with no answer (7) 12 Heritage organisation found in New Testament, originally? (8,5) 14
      316 words
Page thumbnail Page 22
  • EDITORIAL & OPINION
    • Article
      Lock icon Scrapping penny stocks not the solution
      469 22 EDITORIAL WHILE equity markets around the world have been climbing steadily, led by Wall Street, amid signs of a recovery in economic conditions in key economies, the Singapore bourse has gone into something of a hibernation. Yes, the benchmark Straits Times Index has held
      469 words
    • Article, Illustration
      Lock icon Economics vocabulary not abreast with the times
      738 22  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group AMONG our problems is a failure of economic language. We lack the words and concepts to describe observable reality. By conventional wisdom, the Great Recession is long over. “Recession” connotes shrinking output. “Expansion”
      The Washington Post Writers Group  -  738 words
    • Article, Illustration
      Lock icon Europe’s economy being strangled by red tape
      1055 22  -  Excessive law-making has pushed investors out of the energy-intensive sectors By JACEK KRAWIEC The writer is CEO and president of the management board of Polish oil refiner PKN ORLEN Project Syndicate [WARSAW] OVER the past 60 years, the project of European integration has
      Project Syndicate; PHOTO: BLOOMBERG  -  1,055 words
    • Article, Illustration
      Lock icon Cheap beans the food of New America
      1275 23  -  Economist says most Americans will have to live more like those illegal immigrants from across the border in Mexico LEON HADAR Washington Correspondent THE two leading axioms embraced by American laissez faire oriented economists have been that, first, that the most effective way
      PHOTO: AFP  -  1,275 words
    • Article, Illustration
      Lock icon S’pore needs to lead TPP talks across finish line
      984 23  -  By SIMON KAHN The writer is the chairman of the American Chamber of Commerce in Singapore, the leading international business chamber in Singapore with over 5,000 members representing almost 800 local and foreign companies SINCE its entry into force in 2004,
      PHOTO: AFP  -  984 words
Page thumbnail Page 23
Page thumbnail Page 24
  • Article
    Lock icon Shipping Times
    1319 24 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
    1,319 words
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      50 24 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
Page thumbnail Page 25
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3168 25 Transaction date: Dec 9 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 15 11.5 8Telecom Vol Day Last Quote Div Gr Yld Net M Cap 188 106 AIMSAMPIReit 143.5 -1 1021
      3,168 words
    • Article
      Lock icon SGX CATALIST
      272 26 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 37 17.3 t 3Cnergy 500 Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale (’000) High Low Buyer Seller
      272 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      10909 26 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.49/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Asian Smaller Cos!" C hina Opportunities!" FM local Ccy Bond 1 8952/ 2 8557/ 0 8854/ European Opportunities!" 1 2598/
      10,909 words
    • Article
      Lock icon GLOBALQUOTE
      245 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 31.5 Genting HK US$ US44.5 -1.5 *****6 46 44 44 44.5 2930.1 Sale 318 191 TanChongInt HK295 293 304 4.3 2.4 9.9 5941 DISCLAIMER: All
      245 words
    • Article
      Lock icon SGX ETF
      880 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 143 127.7 CIMB APAC Div 100S$D 129 126.4 127.3 114.4 99.2 CIMB APAC Div 100US$ US101.8 101.1 101.7 10.7 1510 1192 CIMBASEAN40 100S$D 1282 +7
      880 words
Page thumbnail Page 26
Page thumbnail Page 27
  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      722 27 Dec 9 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.60 *****.21 *****.29 Dec13 *****.00 *****.00 *****.00 *****.00 *****5 *****1 Mar14 *****.00 *****.00 *****.00 *****.00 ***** ***** MSCI TAIWAN INDEX FUTURES SPOT 296.53 298.36 296.53 Dec13 295.00 298.80 294.10 297.40 ***** *****2 Jan14 295.00
      722 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 27 In local curr In S$ In US$ dy yr dy yr dy yr Dec 6 Index Change Change Change Change Change Change World Preliminary 1149.0 0.8 22.5 0.5 23.2 0.8 20.4 EAFE Preliminary 922.2 0.5 19.1 0.3 17.9 0.6 15.2 Europe Preliminary 1309.4 0.7 14.1
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 27 Dec 9 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.968 5.517 0.663 7.044 55.529 108.832 0.936 9.566 2.927 1.095 98.244 40.099 1.137 9.363 0.811 26.890 29.207 0.555 0.908 Canada 1.033 5.697
      471 words
    • Article
      Lock icon SIBOR
      38 27 Dec 9 (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
      38 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      86 27 Dec 9 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****F 13-Jun-14 0.28 1-Year BY*****T 31-Oct-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-16 101.65 101.72 101.70 5-Year N*****0T 0.5 01-Apr-18 98.84 98.97 98.89
      86 words
    • Article
      Lock icon PRECIOUS METALS
      138 27 Dec 09 GOLD(US$/oz) Dec 09 Dec 06 Hong Kong 1238.00 1237.00 Dec 06 Dec 05 London 1235.30 1227.54 1235.80 1228.76 Source: Thomson Reuters CAST BAR Dec 09 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 111 49 5gm 316 247 10gm 565 494
      138 words
    • Article
      Lock icon PALM OIL
      57 27 Dec 9 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 13 2620.0 2614.0 2640.0 2600.0 234 2202 Jan 14 2657.0 2632.0 2675.0 2628.0 732 ***** Feb 14 2666.0 2645.0 2689.0 2641.0 ***** ***** Mar 14 2669.0 2647.0
      57 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 27 Dec 9 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1371 1.1374 0.9084 0.9085 Canadian dollar 1.1741 1.1749 0.9384 0.9379 Euro 1.7150 1.7156 1.3700 1.3703 NZ dollar 1.0382 1.0387 0.8294 0.8296 Sterling pound 2.0478 2.0484 1.6359 1.6361
      155 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 27 As at 9am Dec 09 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.164 1.109 Can dollar 1.194 1.149 Euro 1.753 1.670 Sterling pound 2.080 2.000 NZ dollar 1.060 1.020 US dollar 1.275 1.215 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      157 27 Dec 9 $S Offer Bid 0vernight 0.01 -0.02 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.02 US$ Offer Bid 7 days 0.20 0.10 1 month 0.28 0.18 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
      157 words
    • Article
      Lock icon CHICAGO BOT
      109 27 Dec 6 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 14 1325.50 1328.00 1328.00 1316.50 Mar 14 1310.50 1311.75 1311.50 1301.50 May 14 1296.50 1297.25 1297.50 1288.25 Jul 14 1287.75 1289.75 1289.25 1280.75 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 13
      109 words
    • Article
      Lock icon LIFFE
      94 27 Dec 6 COCOA (£/tonne) Close Prev High Low Dec 13 1742 1716 1752 1714 Mar 14 1762 1733 1773 1731 May 14 1760 1731 1770 1729 Jul 14 1758 1728 1768 1728 COFFEE(US$/tonne) Close Prev High Low Jan 14 1721 1686 1725 1685 Mar 14 1694 1656 1698 1654
      94 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1127 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 27.5 0.0 5 -82 55 Asia-Pacific Strategic W*****6 0.4 1 123 341 70.00 5 Ratio Albedo Limited W*****9 Price Ascendas Reit MB ECW*****3 Disc Asiatic Grp(Hldgs) Ltd W*****5
      1,127 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 27 CRUDE OIL PRODUCTS Dec 06 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 111.10 -0.31 WTI (Near Mth) 97.64 0.10 Dubai (1-Mth F) 107.29 -0.16 Tapis blend 117.26 -0.39 Minas 111.06 -0.39 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 107.00 -0.72 Jet Kerosene 127.78 -0.17 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 27 Dec 9 S$ Bid Offer 1-month 1.2518 1.2520 2-months 1.2517 1.2519 3-months 1.2517 1.2519 6-months 1.2513 1.2516 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      65 27 Dec-06 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1734.75 1714.00 3 months 1779.00 1758.00 Copper, Grade A(US$/tonne) Cash 7119.75 7064.75 3 months 7122.00 7069.00 Lead(US$/tonne) Cash 2066.75 2058.25 3 months 2093.50 2085.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
      65 words
Page thumbnail Page 28
  • PROPERTY
    • Article, Illustration
      Lock icon Buyers snap up units in China developer’s Sydney project
      560 28 241 out of 250 units offered in first stage of Greenland Centre sold Bloom berg [SYDNEY] Greenland Holding Group Co, one of the largest Chinese investors in the United States, sold about A$275 million (S$312 million) of apartments at its first
      Bloomberg; PHOTO: BLOOMBERG  -  560 words
    • Article, Illustration
      Lock icon ANZ discounts target NSW market share
      480 28 Bloomberg [SYDNEY] Australia New Zealand Banking Group (ANZ), the fastest-growing mortgage lender in October, plans to offer bigger discounts to expand market share in New South Wales, where it lags behind its three rivals. The lender will also tailor marketing to boost its mortgage
      Bloomberg; PHOTO: AFP  -  480 words
    • Article, Illustration
      Lock icon Two residential sites launched for collective sale
      776 29  -  Eunosville back on the market joined by Jervois Gardens for sale by tender By MINDY TAN tanmindy@sph.com.sg HAVING had its maiden collective sales attempt stymied by the introduction of the total debt servicing ratio (TDSR) framework, Eunosville is back on the market for
      776 words
    • Article, Illustration
      Lock icon HK property agents losing jobs amid govt home-buying curbs
      997 29 Bloomberg [HONG KONG] Chu Kin-lan has already shuttered six of 11 offices of her Hong Kong real estate agency, whose Chinese name translates as Precious Prosperity, and let go half of her 70 employees amid the city’s toughest curbs on home
      Bloomberg; PHOTO: BLOOMBERG  -  997 words
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      236 28 THERE'S NOW A FASTER AND EASIER WAY TO FIND THE BEST CANDIDATE IT'S AS SIMPLE AS 1-2-3 Visit our portal to self-register and place your ads online or email postad@STJobs.sg and we will post your ad for you. o SMS Send your request to ***** according to this format i.e.
      236 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      77 29 SAMSUNG HUB Prime CBD Office 999-year land tenure Strata Area: Approx. 2,906 3,143 3,186 3,875 sq ft Column free regular layout for design flexibility Near to Raffles Place (240m) and upcoming Telok Ayer (170m) MRT Banks, F&B and amenities in the immediate surroundings Excellent car-parking provisions with 177 lots Gross
      77 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 2
      173 29 s i n a r a n WfejlBte '-liSL ‘g?U FIABCI Pnx d Excellence Award 2013 is s Sfii'i i t. ?flSS95!i; THERE'S ALWAYS ROOM FOR MORE LUXURY AT THE TOP The penthouses of Soleil Sin a ran embody the very finest in ultimate luxury living. The desirability is further
      173 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 3
      34 29 Prime District 10 (off River Valley) Rare! Freehold! Land approx 1,619 sqft GFA approx 2,206 sqft Janice Koh Edith Tay CEA No. R*****2B CEA No. R*****9E 9792 2555 9363 2233 IPropertySBank License No. L*****52H
      34 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 4
      3 29 Australian Property Finance
      3 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      90 30 "To me, insurance should be a source of comfort, not confusion." We couldn't agree more! With easy to understand products supported by experienced financial professionals, Zurich provides you with a clear and defined procedure so you understand every detail of your insurance plan. Zurich. Putting the "sure" in insurance. Call
      90 words
Page thumbnail Page 1
  • BEI Asia Awards 2013
    • Article, Illustration
      Lock icon A platform for building excellence
      752 1  -  The BEI Asia Awards was established to recognise outstanding businesses in the built environment industry. KAN KWOK LEONG reports KAN KWOK LEONG A S part of its drive towards becoming a leading global city, Singapore has made great strides in developing the best buildings, structures
      752 words
    • Article, Illustration
      Lock icon Building a good corporate reputation
      2292 2 These four champions in the built environment industry are models of exemplary corporate citizenry THE winners of this year’s Asia Responsible Corporate Awards Participants are not only giants in their own industries but are also known to go the extra mile to give back to
      2,292 words
    • Article, Illustration
      Lock icon Realising a pipe dream
      578 5  -  VicPlas Holdings’ strategy of offering innovative solutions to its clients has paid off in a big way. KAN KWOK LEONG reports TOP WINNER OF THE YEAR ENTERPRISING AWARD OF THE YEAR 2013 KAN KWOK LEONG AT pipes and fittings company VicPlas Holdings, turning an idea into
      578 words
    • Article
      Lock icon Emerging from the background
      110 5 MARK Samlal, VicPlas Holdings group CEO, shares his thoughts on winning one of the top honours at the BEI Asia Awards 2013. “What delighted me most was the fact that we won this competition as a team that was extremely engaging. For the past 20 years
      110 words
    • Article, Illustration
      Lock icon Designing a perfect fit
      586 6  -  Serrano has grown a thriving regional furniture business by offering customised solutions. KAN KWOK LEONG reports TOP WINNER OF THE YEAR REGIONAL AWARD 2013 KAN KWOK LEONG WHEN a client of Serrano Holdings bought a refrigerator that was too big to fit in the kitchen, the
      586 words
    • Article, Illustration
      Lock icon Building from the ground up
      470 7  -  Sunhuan Construction and its founder have both risen from the bottom to reach the pinnacle of the industry. KAN KWOK LEONG reports TOP WINNER OF THE YEAR DISTINGUISHED AWARD OF THE YEAR 2013 KAN KWOK LEONG WITH an eye always on improving construction methods and
      470 words
    • Article, Illustration
      Lock icon Putting a brave face on it
      440 7  -  K&H Facade’s materials are probably the first thing you will notice on the homes they have worked on. Kan Kwok Leong reports TOP WINNER OF THE YEAR INSPIRING AWARD OF THE YEAR 2013 Kan Kwok Leong FROM two-story glass walls to asymmetrical shells and
      440 words
    • Article, Illustration
      Lock icon An iron will to succeed
      641 8  -  Jalitar Metals has overcome many obstacles to become a company worthy of inspiring others in the industry today, reports KAN TOP WINNER OF THE YEAR INSPIRING AWARD 2013 KAN KWOK LEONG JALITAR Metals was founded 15 years ago to carry out the supply, fabrication and
      641 words
    • Article, Illustration
      Lock icon Exceeding customer expectations
      1262 9 THREE heads from the interiors industry talk about the trends and challenges affecting the sector. The Business Times: What are the key trends affecting the interior design (ID) industry currently? Celine Chia: Clients nowadays are expecting all-in-one service from the ID industry. In the past, they would
      1,262 words
    • Article
      Lock icon A flair for design
      161 10 WINNER OF THE INSPIRING AWARD OF THE YEAR 2013 FLAIR Interiors has made it its mission to make high-quality interior design accessible to all, regardless of the size of one’s budget. It achieves this goal by combining its in-house functions with the expertise of strategic partners.
      161 words
    • Article, Illustration
      Lock icon Playing with the big boys
      609 12  -  As smaller firms, these construction and engineering specialists work smarter and harder to stay ahead. KAN KWOK LEONG reports KAN KWOK LEONG FOR many companies that operate in the construction industry, the ability to capture work through the tendering process is the key to survival.
      609 words
    • Article, Illustration
      Lock icon Staying ahead of the curve
      538 13  -  From waterproofing services to elevator installation, these specialist contractors are bringing the built environment industry to new heights. KAN KWOK LEONG reports KAN KWOK LEONG WHETHER it’s the development of green products or the use of technology, specialist players in the built environment industry are
      538 words
    • Article, Illustration
      Lock icon Material concerns
      308 13 MATERIAL suppliers are a key part of the built environment ecosystem, literally providing the building blocks for the contractors and construction companies. Excel Precast is one such company, manufacturing and supplying precast concrete components to HDB, private residential, industrial, institutions, commercial, military buildings and civil engineering projects. “The
      308 words
    • Article, Illustration
      Lock icon Deconstructing success
      1528 14 These three companies are dealing with the challenges of the construction industry head-on and coming out on top EVEN as the ramping-up of the government’s public housing building programme and other infrastructure projects help boost demand for construction, industry players continue to face a talent crunch and rising
      1,528 words
    • Article, Illustration
      Lock icon Leveraging on a regional footprint
      2098 16 These four leaders have established successful operations across multiple countries in the region. They share their success strategies REGIONAL AWARD WINNERS 2013 FROM providing air filtration systems to the haze to flooring for an emerging middle class, the winners of the BEI regional awards have
      2,098 words
    • Article, Illustration
      Lock icon The decision-makers
      843 19 Introducing the panel of judges for the BEI Asia Awards 2013 Vijay Sethi MBA programme director, Nanyang Technological University Division of Information Technology and Operations Management Professor Sethi, the Distinguished Chief Judge, is MBA Programme Director, Strategic Management at NTU. He was recently named Business Professor of the
      843 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      103 1 Honouring the best: Guest of honour, Associate Professor Ho Peng Kee (first row, ninth from right), with dignitaries and winners of the Built Environment Industry (BEI) Asia Awards and Asia Responsible Corporate Awards (ARCA) at the Shangri-la Hotel, Singapore on Dec 3, 2013. CONTENTS Building a good corporate reputation IPAGES
      103 words
Page thumbnail Page 2
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      346 2 $5 m irtv Serrano “Furnishing the future 9 U ‘Furnishing the future of the Regional Built Environment Industry BEI/tHin ALU HR Built Environment Industry Asia Awards 2013 Serrano Holdings Pte Ltd is honoured to be among the top three winners of the prestigious Built Environment Industry (BEI) Asia Regional Award.
      346 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      388 3 City Developments Limited m YEARS, HfTRUST* WHY DO WE GO OUT OF OUR WAY TO CREATE SUSTAINABLE SPACES? IN THE LAST 50 YEARS, ITS BEEN IN OUR NATURE. r. Y//M S MBSW N m filial I:::: B? s 8= !i n I!' I Hi IV «4l||iil!!iii!iii Ulllillhlj ■niBaa •JL C-fJ
      388 words
Page thumbnail Page 4
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      204 5 FAS! FLOW ...the art of drainage Esplanade NUSCuItu i i .i 4 'L I h m K i m. Wa A M > I fy*. i 1 lK»5 jbSflj rr v /f* //i ar/ .-/i 1*2 r 'f/&J77sWi vi r r r~The cities of Asia are increasingly defined by iconic
      204 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      233 6 6 BEI/NSIfl HLUHRD^ Built Environment Industry Asia Awards 2013 Congratulations to RJ Contract Pte Ltd on being awarded the Inspiring Award in the BEI Asia Awards 2013 Your Trusted WATERPROOFING SPECIALIST RJ CONTRACT PTE LTD is a one-stop service provider for waterproofing property. Building our extensive portfolio across residential, industrial
      233 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      168 7 i 1 i A\ fie *mrt P» DESIGN BRIEF Dress up a basemetrpgarage to showcase 16 collector cars TRANSFORMATION A basement showcase garagetkjt doubles up as a hip party venue A winning design at Singapore Design Award 2012 ur designs deliver more on form function Got SDQCG? We have the
      168 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      140 8 T.M. Transport Contractor Pte Ltd on being awarded the Enterprising Award in the BEI Asia Awards 2013 BEI/i&IH RLURR sla Awards I 2013 Bu ll Environment Ind.jst'y Asia Awards 5 V 7* K m rs <ca I ©T.M.( .’■iwu; 5 ATI ASfVlD rc rAMD» Ta«J*l fl&mvOF COMPANIES YOUR IDEAL LOGISTIC
      140 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      178 9 camfil "Truly Green" Extreme Performance with Sustainable Results Proven to Significantly Reduce Energy, Labour and Waste. Camfil’s eco-designed air filters can make a difference for conserving energy, protecting health and supporting global efforts to fight against climate change. BElAv n hi hr da Awards 2013 Built Environment Industry Asia Awards
      178 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      174 10 SAMSUNGC&T III BCfl ISO 9000 m ISO ***** BEI/&SIR RLURRT Boil Environment Industry Asia Awards 2013 Samsung C&T Corporation is pleased to be conferred the Prestigious Asia Responsible Corporate Awards (ARCA) 2013 in the Corporate Social Responsibility Category! Samsung C&T Corporation is very honored to be recognized as the winner
      174 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      120 11 iz fi YANLORD We are pleased to announce Yanlord Land Group Limited has been conferred the prestigious Apex Leadership Award of the Asia Responsible Corporate Awards Yanlord develops high quality properties that distinguish themselves amidst the localities that they are in. Properties developed by our company are characterised by outstanding
      120 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      242 12 /A s BElMm tmmm nmnn nDvnncc-TGC EncmEERinc I I \JLJ I Built Environment Industry Asia Awards 2013 fa ADVANCE-TEC ENGINEERING PTE LTD on being awarded the INSPIRING AWARD in the BEI AS IA AWARDS 2013 'A 1 m I l \V V; I L.. m m i j. Ikg L»\
      242 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      107 13 RLUflR ■Ig Awards 2013 Built Environment Industry Asia Awards ij'Rf m A leader in the home elevator industry s. Congratulations to ELETEC Elevators Singapore Pte Ltd on being awarded the Top Inspiring Award in the BEI Asia Awards 2013 Eletec Elevators Singapore Pte Ltd 3 New Industrial Road #05-01A Kimly
      107 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      462 14 BE R RLURR Built Environment Indus*ry Asic Awards 2013 Congratulations to Mr. Santranaidu, Mr. Tulasy Naidu Mr. Edwin Nathen, Directors of DAALINI ENGINEERING PTE LTD on being awarded the Inspiring Award in the L41LL BEI Asia Awards 2013 \\n I V NS Hi s’ b We Specialized in All Residential
      462 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      116 14 fid212 f J j-j j- j j- .o &'ID *F i I *on rs ■ElTSiTT; p is lid on our Success n. < rj r r bU »la r S L. k -.*a 6^ BEI/ftSIR HIDHR uto Awards 2013 fiw»oom*nl InOuUry A»o Awaros ongratulations to Our Related Company: Resources PKUJ
      116 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      108 15 4 4 4 4 R UJ R R Environment Industry Asia Awards Built m U Comb mah Song Kong I mih ~~y 3T V i r s&a S> 4 (3tfFith (Warmest &on^ratuktwns r TAIKO CREATIVE DESIGN bium LOMENS i/1 interiors Ceramic h-AH±l RLUHR BEI Asia Awards 2013 Congratulations to BEI
      108 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      214 16 INOVAR FLOOR INOVAR FLOOR MF116 Vine Maple Laminate Flooring f Vinyl Flooring «>. .HI BM2200 Earth Bamboo Flooring Award-Winning Flooring Solutions 2007-2011 Best Brand Award 2012 Signature Brand Award 20////2 CIRCLE*/# EXCELLENCE Top 5 Laminate Flooring Firms Based on research conducted in 2011 among architects, designers contractors who ore specIRers/recommenders
      214 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      261 17 HLUHR Built Environment Industry Asia Awards 2013 K&H Facade Pte Ltd specialises in the design and production of aluminium profile for the building industry for architectural, landed property and luxury bungalow. We also provide professional advice on other aluminium/ glass scopes. At K&H, we can provide the right expertise and
      261 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      340 18 BEi/Hm HLUHR Built Environment Industry Asia Awards j'Wf 2013 Congratulations to Jalitar Metals Pte Ltd on being awarded the Inspiring Award Of the Year in the BEI Asia Awards 2013 Established in 2000, Jalitar Metals was founded to carry out supply, fabrication and installation of architectural metal works for construction
      340 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 2
      60 18 HUJflR to Awards 2013 Built Environment Industry Asia Awards Congratulations to Primac Engineering Pte Ltd on being awarded the Top Inspiring Award in the BEI Asia Awards 2013 CONNEC i I jVfl i i tl fn 0>~ meSzsSn La Dolce Vita, 2012 m Primac Engineering Pte Ltd 14A Moonstone Lane
      60 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      171 19 Our utmost appreciation to our valuable Clients, Partners, Vendors and Propellians... We wouldn’t have made it J without all of you! 1 n i'l i r n r 'i n t Wi m -> il-rp/i 'M s m stm rlw? Oversea Union House South Beach Mixed Development tw 6*tr MiS
      171 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      321 20 focused Award In The Built Environment industry J Connie Wu Sunray Woodcraft Construction I y Tan Bak Khoon K H Facade /i ri i a* 2013 ward of th Trace Tan Eletec Elevators Singapore i > r: A Celine Chia id 212 r Lee Boon Whatt Jalitar Metals Built Environment
      321 words