The Business Times, 12 December 2013

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Microfilm: NL32902
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SCCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Thursday, December 12, 2013
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  • Article
    Lock icon Optimism on the rise: MAS survey
    918 1  -  Forecasters point to outlook in industry, trade By KELLY TAY By kellytay@sph.com.sg [SINGAPORE] Things are looking as good as they can get, for now: Growth projections are up, inflation forecasts are down, and economists are more optimistic about the Singapore economy than they were
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  • Article, Illustration
    Lock icon Sector pulls off strong rebound; airlines’ profit up 60%
    1145 1  -  YEAR IN REVIEW: AVIATION By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] Next year could be one of the strongest yet for aviation this century. A bottom line of US$16.4 billion second only to the 2010 record of US$19.2 billion is expected as a
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,060.74 (-20.98) HST INDEX FUTURES 3,055.00 (-21.00) HSIMSCI 352.36 (-2.94) HSIMSCI FUTURES 350.90 (-2.70) US$ S$ US$ (S$ per US$) 1.250 (US$/S$ per 1.643 2.054 EURO (US$/S$/€ 1.377 1.721 Foreign currency per US$ S$ YEN 102.50 82.00 RM 3.214 2.571 HK$ 7.753 6.203 BAHT 32.08 25.66 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Wednesday Change KL COMP 1,842.82 -1.03 NIKKEI 225 15,515.06 -96.25 HANG SENG 23,338.24 -405.95 SET INDEX 1,369.35 +1.93 JAKARTA COMP 4,271.74 -3.94 MANILA COMP 5,888.74 +2.34 SEOUL COMP 1,977.97 -15.48 SHENZHEN B 885.54 -9.07 MUMBAI IND 21,171.41 -83.85 11.00am EST Change DOW 15,919.83 -53.30 NASDAQ 4,040.85 -19.64
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    • Article
      Lock icon PRIME RATES
      23 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA JAPAN TAIWAN KOREA JAPAN 1.475 KOREA 9.33 SWITZERLAND 0.50 INDIA 3.25 Source: Bloomberg
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      239 1 YEAR IN REVIEW Singapore dealmaking to pick up in 2014 PAGE 6 OPINION Singapore’s tax code can be simplified further PAGE 18 PM LEE IN SEOUL S’pore will stay pro-business PAGE 2 VOLCKER RULE Finally passed after long and arduous process PAGE 4 IWC INGENIEUR. ENGINEERED FOR PERFORMERS Ingenieur Perpetual
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  • TOP STORIES
    • Article, Illustration
      Lock icon S’pore remains pro-business, welcomes investments: PM
      644 2  -  Korean firms urged to use S’pore as base to expand to other markets in region By in LEE U-WEN in Seoul leeuwen@sph.com.sg SINGAPORE is committed to maintaining a pro-busi-ness climate that welcomes local investments as well as those from overseas, says Prime Minister Lee
      PHOTO: LIANHE ZAOBAO  -  644 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      461 2 Optimism on the rise, says MAS survey THINGS are looking as good as they can get, for now: Growth projections are up, inflation forecasts are down, and economists are more optimistic about the Singapore economy. FRONT PAGE Sector pulls off rebound; airlines’ profit up 60% THE year 2014
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    • Article, Illustration
      Lock icon S’pore Power boosts annual capex for next 5 years to $1.2b
      521 4  -  By RONNIE LIM ronnie@sph.com.sg [SINGAPORE] Singapore Power (SP) will be spending about $1.2 billion annually over the next five years on infrastructure to “sustain and ensure” world-class reliability of power and gas supplies here, said its CEO, Wong Kim
      521 words
    • Article, Illustration
      Lock icon Manpower issues concern S’poreans most: feedback
      547 4  -  Sustained chatter on discussion channels also about transport, population matters By FELDA CHAY feldac@sph.com.sg [SINGAPORE] Manpower issues were on the top of the minds of Singaporeans, with government feedback arm Reach receiving the most number of comments about Singapore’s foreign worker policies, and the
      547 words
    • Article, Illustration
      Lock icon Volcker Rule finally passed after ‘long and arduous process’
      716 4 But rule to curb Wall Street risk taking has exploitable grey areas NYT [WASHINGTON] At two metres, Paul A Volcker struck an imposing figure as chairman of the Federal Reserve during the economically turbulent 1980s. But the banking rule named after
      NYT; THE STRAITS TIMES FILE PHOTO  -  716 words
    • Article
      Lock icon China, advanced economies to lead 2014 growth
      478 4  -  ADB: In Q3, S Korea and India strengthened while HK and Taiwan slowed By ANTHONY ROWLEY in Tokyo IN a reversal of roles, Asia’s developing economies will be pig-gy-backing on renewed vitality in advanced economies in 2014, as they have done for much
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    • Article
      Lock icon Three more Indian nationals charged
      532 4  -  They face rioting charges and are accused of arson attack on bus RIOTING IN LITTLE INDIA By MALMINDERJIT SINGH msingh@sph.com.sg [SINGAPORE] Three more Indian nationals were charged in court yesterday for their involvement in last Sunday’s riot in Little India, taking the total number of
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    • Article
      Lock icon KL industrial production in October better than expected
      487 4  -  By in S JAYASANKARAN in Kuala Lumpur MALAYSIA’S industrial production posted a better than expected showing in October, growing 1.7 per cent year on year as opposed to the street’s 0.8 per cent forecast, and mirroring the month’s 9.8 per cent surge
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      83 3 s tI m 5*' ■w* 4s f> < r II "SB hVMyrflyV r/j. SA M k* 114 V:. V 5? I a* >> Hi I STS R ar> (I r JS ►>• 'V V v «S ■j! m r rS$ afi IE S6: se -r a a t PS *:K
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      461 5 red design award novita PRE-ORDER 12 TO U DECEMBER 2013 ONLY LAUNCH SPECIAL HOT/COLD WATER DISPENSER D,m NOW AT 50% OFF AT $699/USUAL PRICE: $1399/WHILE STOCKS LAST* NP 3360 3-STAGE FILTRATION SYSTEM STAGE 01// HYDROPURE™ FILTER y XT, > HydrorWelements i Effective dechlorination and heavy metal ions removal Inhibit microbial
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Singapore dealmaking to pick up in 2014
      1140 6  -  2013 was mixed, with equity fundraising improving as M&A slowed down YEAR IN REVIEW: MARKET DEALS By KENNETH LIM kenlim@sph.com.sg THE past year was mixed for deal-making in Singapore, with equity fund-rais-ing picking up while mergers and acquisitions (M&A) slowed down. But industry
      Source: Thomson Reuters; PHOTO: BLOOMBERG  -  1,140 words
    • Article
      Lock icon More IPO activity in Asia next year: EY
      488 6  -  By ANDREA SOH sandrea@sph.com.sg THE total number of initial public offerings (IPOs) on Asian exchanges fell this year largely due to a ban on IPOs in China but the increased activity seen in the rest of the region will continue into 2014,
      488 words
    • Article
      Lock icon Linc Energy launches IPO; secures Genting Bhd unit as strategic investor
      557 6  -  Company plans to raise about $47.9m in net proceeds By ANDREA SOH sandrea@sph.com.sg UPSTREAM oil and gas firm Linc Energy, which is moving its listing from the Australian Securities Exchange (ASX) to Singapore Exchange, plans to raise about $47.9
      557 words
    • Article, Illustration
      Lock icon Heng Fai eyes Reits, secondary listings
      599 9  -  HK firm outlines growth strategy after sale of its stake in SingHaiyi By ONG CHOR HAO ongch@sph.com.sg HONG KONG-listed Heng Fai Enterprises (HFE), backed by the former controlling shareholder of Catalist-quoted SingHaiyi, Chan Heng Fai, could do a secondary listing in Singapore as it
      PHOTO: YEN MENG JIIN  -  599 words
    • Article
      Lock icon SMRT, LTA unit part of group that wins Metro Manila deal
      548 9  -  SingTel-linked Globe Telecom also in AF Consortium By AL LABITA in Manila TWO Singapore companies are in the consortium which won Monday’s public bidding to develop and run a fare-collection system for Metro Manila’s rail system. Temasek-linked SMRT Corporation
      548 words
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      82 6 Myanmar Supply Chain Management Conference 2014 4 6 March 2014 Traders Hotel, Yangon www.mscm.sphereconferences.com New Dates, New Pricing! Early bird discounts till 1st Dec 2013. Save up to USD 441 Opening Address by H.E U Nyan Htun Aung, Minister for Transport, Union of Myanmar m tjfe U Kyaw Oo Myanmar
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      34 6 IX J FIND THE ONES THAT FIT! Recruit the right people through CATS Recruit. s *sj X j —y (f== Call 1800 289 8822 or email recruit@sph.com.sg to advertise. y U. r-T-p Hi 31
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      202 7 RIGHT HERE RIGHT NOW Downtown Dubai is the most prestigious square kilometre on earth, at the heart of the world's most amazing city. Now is the moment to be part of it. It's your opportunity to own your place in the future. THECENTREOFNOW DOWNTOWN DUBAI Tel:+971 4 *****76 email: globalsales@emaar.ae
      202 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI down for 7th straight session
      612 8  -  Banks lead falls this time; index loses 128 points for the period, 3.4% deficit for the year STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent THE Straits Times Index yesterday dropped for the seventh consecutive session, this time losing 20.98 points to close at 3,060.74. This
      Source: Bloomberg  -  612 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      75 8 Dec 11 VALUE CLOSE BT OB/OS -652.00-136.00 BT CADI -*****.00-175.00 BT 10-day MA -*****.00 -65.00 FTSE ST Mid Cap 702.73 -6.20 FTSE ST Small Cap 525.01 -4.39 FTSE ST All Share 743.58 -5.43 FTSE ST China Top 191.66 -2.92 FTSE ST China 217.71 -2.85 FTSE ST Catalist
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 8 4 0 0 0 2 8 4 Manufacturing 29 59 40 7 3 7 36 62 47 Commerce 11 25 19 3 5 3 14 30 22 Tpt/Stor/Comms 5 22 11
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    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Industrial Reits
        378 8 OCBC Investment Research, Dec 11 INDUSTRIAL Reits continued to turn in firm results in Q3-13, still benefiting from higher rents and contribution from completed acquisitions and development projects. However, subsector DPU growth was rather modest at 4.3 per cent, partially impacted by divestments and a larger unit base.
        Source: Bloomberg  -  378 words
      • Article, Illustration
        Lock icon Yoma Strategic Holdings
        455 8  -  Compiled by ANDREA SOH Dec 11 close: $0.73 DBS Group Research, Dec 11 YOMA has entered into a conditional agreement to acquire an 80 per cent stake in a plot of land in Pun Hlaing Golf Estate from Pun Hlaing Lodge (PHL) for US$2.4 million. The land
        Source: Bloomberg  -  455 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 14,684 14,684 56,842 56,842 Manufacturing 219,845 40,014 259,859 103,076 1,386 104,462 Commerce 67,373 420,307 487,680 66,282 24,712 90,994 Tpt/Stor/Comms 111,337 4,876 116,213 180,201 587 180,787 Finance 47,764 189 47,953 255,927 65 255,992 Construction 35,623 50,634
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 8 Stock name Close Change CapMallsAsia 1.875 CapitaLand 2.970 CapitaMall 1.850 -0.010 CityDev 9.630 -0.070 ComfortDelGro 1.930 DBS Grp 16.560 -0.180 GLP 2.850 -0.030 Genting SP 1.445 -0.010 Golden Agri 0.540 -0.015 HK Land 5.880 -0.050 HPH Trust US$ 0.615 -0.015 JMH 51.910 +0.050 JSH 32.100 Jardine
      113 words
    • Article, Illustration
      Lock icon Euro edges higher as liquidity tightens
      552 8 CURRENCIES Reuters [LONDON] The euro inched higher against the US dollar yesterday, driven by dwindling excess cash in the eurozone banking system, but fell against the yen as investors locked in profits from this year’s rally. The euro was up 0.1 per cent against
      Reuters; PHOTO: BLOOMBERG  -  552 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 8 VOLUME Albedo 353,616,000 Otto Marine 66,504,000 Charisma Energy 49,915,000 Blumont 47,716,000 Thai Beverage 42,104,000 HPH Trust US$ 41,888,000 Vallianz Hldgs 41,045,000 Golden Agri 36,556,000 SingTel 26,655,000 CCFH 25,527,000 VALUE($) SingTel 94,741,630 OCBC Bk 90,464,830 DBS Grp 83,653,505 UOB 59,434,020 HPH Trust US$ 32,151,767 Keppel Corp 30,949,310 Ascendasreit
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    • Article
      Lock icon RISES
      112 8 BY CENTS CLOSE UP GLD 10US$ ***** 100.0 0.7 Lyxor ThaiSET 10US$ ***** 52.5 0.3 DBXT MSUSA 10US$ 4481 28.8 0.5 Lyxor Nasdaq100 10US 1407 21.3 1.2 DBXT MSINDO 10us$ 1171 12.5 0.9 Lyxor US DJIA 10 US$ 1615 11.3 0.6 DBXT MSTHAI 10US$ 1898 10.0 0.4 JMH 5191
      112 words
    • Article
      Lock icon FALLS
      130 8 BY CENTS CLOSE DOWN IS S&P500 ***** -298.7 -1.3 Lyxor Europe 10 US$ 1469 -85.0 -4.4 Hyflux 6% CPS 10 ***** -60.0 -0.6 DairyFarm 947 -56.2 -4.5 UOB 2026 -32.0 -1.6 Lyxor MS India 10US$ 1332 -30.0 -1.8 DBXT MSJAP 10US$ 4637 -28.8 -0.5 DBXT FTVietnam 10US$ 2459 -25.0
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
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    • Article
      Lock icon SPH unit invests in Magzter Inc
      433 10  -  Berita Harian daily launching smartphone, tablet apps along with its new website today By MICHELLE QUAH michquah@sph.com.sg SINGAPORE Press Holdings (SPH), through a wholly owned subsidiary, is the lead investor in a US$10 million round of funding in Magzter Inc, a global digital magazine
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    • Article
      Lock icon Armarda unit teams up with Thuraya
      216 10  -  By ONG CHOR HAO ongch@sph.com.sg ARMARDA Group’s indirect unit, China Mobile Satellite Communications Group (CMSCG), has tied up with Thuraya Telecommunications Company to develop new products for Thuraya mobile satellite service users in China. The Catalist-listed group said yesterday that CMSCG (fully owned by
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    • Article
      Lock icon Vallianz shareholders back fund-raising, diversification plans
      304 10  -  By ONG CHOR HAO ongch@sph.com.sg VALLIANZ Holdings, an integrated offshore marine solutions services provider in the oil and gas industry, has received shareholder approval for its plans to boost its capital base and diversify its business. The go-ahead came at an extraordinary general meeting
      304 words
    • Article
      Lock icon Possible exit offer for China XLX
      162 10  -  By ONG CHOR HAO ongch@sph.com.sg CHINA XLX Fertiliser has been approached by controlling shareholder Pioneer Top Holdings over a possible exit offer for the shares that it does not yet own. The offer, if made, is not intended to take the company private as
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      191 9 ROYAL SQUARE Nat novena A Premier Gateway Next To Future Health City Novena I ,f B 3Q 1 PRESTIGE MEDICAL CENTRE DAY SURGERY CENTRE IMAGING CENTRE LABORATORY MEDICAL SUITES Cardiologist Dermatologist Obstetrician Gynaecologist Ophthalmologist Orthopaedic Neurologist Gastroenterologist Endodontist Paediatrician i* itei J feiiE 1 33-storey mixed-use development Direct access to
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon S’pore, S Korea sign MOU on biomedical research
      438 11  -  Pact will allow talent exchange and commercialisation of joint projects By LEE U-WEN in Seoul leeuwen@sph.com.sg SINGAPORE and South Korea have set up a US$5 million research fund in the field of science and technology, with the first grant call set to
      438 words
    • Article
      Lock icon Duriana gets $1m funding; launches in M’sia, Indonesia
      398 11  -  By JACQUELYN CHEOK By jaccheok@gmail.com JUST six weeks after its launch in Singapore, mobile marketplace app Duriana has secured $1 million in funding from e-com-merce group Dealguru Holdings and various business angels. It also concurrently launched in Malaysia and Indonesia yesterday. Duriana,
      398 words
    • Article, Illustration
      Lock icon Thales opens hub to boost MRT performance
      347 11  -  By CHAN YI WEN yiwenc@sph.com.sg THALES, a global technology company in the aerospace, transportation and defence and security markets, opened its regional integration centre (RIC) here yesterday. The centre, sited in Changi North Rise, will undertake research and development into the integrated rail
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    • Article
      Lock icon Outlook negative for Asian electronics sector, says Moody’s
      464 11  -  By VIVIEN SHIAO vshiao@sph.com.sg THE outlook for the Asian consumer electronics industry is negative in 2014, said Moody’s Japan KK yesterday. Operating profit margin will remain below 3 per cent for most rated companies due to a lack of product differentiation and
      464 words
    • Article
      Lock icon No smartphone use, we’re travelling
      343 11  -  By CHAN YI WEN yiwenc@sph.com.sg A SURVEY conducted by Expedia, the world’s largest online travel company, revealed that despite Singapore being one of the countries with the highest smartphone penetration rates in the world, Singaporeans are resistant to being constantly connected to their smartphone devices
      343 words
    • Article
      Lock icon SP building undersea transmission cable tunnel
      529 11  -  It will connect Jurong Island to the mainland By RONNIE LIM ronnie@sph.com.sg ONE year after starting construction of Singapore’s $2 billion next-generation power network, Singapore Power (SP) is now following up by building a crucial new undersea transmission cable tunnel connecting Jurong Island (JI)
      529 words
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      177 11 German Spanish Korean Japanese Mandarin English Arabic German Spanish Korean Japanese Mandarin English Arabic A Global Education Company Helping The World To Communicate Since 1878 LANGUAGE GROUP LESSONS FOR KIDS ADULTS Kids Group Adults Group Lessons /4 to 8 students per group /I 8 or 24 lessons Berlitz language workshops
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Najib lauds Iskandar’s tourism, business success
      475 12 This is reflected by the opening of Traders Hotel, Puteri Harbour Indoor Theme Park and Legoland [ISKANDAR] The opening of Traders Hotel, Puteri Harbour Indoor Theme Park and Legoland Resort Malaysia reflects the success in developing Iskandar Malaysia as a tourism and business destination,
      FILE PHOTO  -  475 words
    • Article
      Lock icon Indonesia to pass Islamic insurance law next year
      412 12 Re uters [SYDNEY] Insurers in Indonesia, South-east Asia’s largest economy, will have to wait until at least next year for a new law that will require the spin-off of their syariah-compli-ant units, an official at the country’s financial regulator told Reuters. The
      Reuters  -  412 words
    • Article
      Lock icon Jakarta governor fights Yudhoyono’s new cheap-car policy
      891 12 Reuters [JAKARTA] Indonesia’s president wants to revive a flagging economy by selling cheap, fuel-efficient cars to an emerging, aspirational middle-class. The governor of Jakarta, the capital, says this will further choke his city’s gridlocked streets, and strangle growth. Caught in the middle of
      Reuters  -  891 words
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      257 12 FUTURE i i t i I i i i i I a CHINA ADVANCED LEADERS PROGRAMME This course has whetted my appetite for China, and for doing business in China. The initial week opened our eyes to the background and history of China. The second week in China itself not
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      22 12 SINGAPORE’S HfT MUSIC STATION K v v THE SHAN 8 GHERYLSHOW WEEKDAY MORNINGS 6-10AM HOT fM W- 3 G facebook.com/hotfmsg @hotfmsg www.hotfm.sg
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      66 12 www.itshow.com.sg Join us at #1 LARGEST I.T, DIGITAL, MOBILE, CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE COMING SOON! 27th FEB 2nd MAR 2014 MARINA BAY SANDS SINGAPORE EXCLUSIVE SHOW OFFERS, NEW PRODUCTS, GREAT BARGAINSAND HUGE SAVINGS FOR PERSONAL, BUSINESS OR HOME Organised By: (ORGANISER OF IT SHOW, FOOD BEVERAGE FAIR, COMEX, WORLD
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Santander buys 8% of Bank of Shanghai
      620 13 470m euro deal for HSBC stake includes cooperation agreement Reuters [LONDON] Santander, Spain’s largest bank, is to buy HSBC’s 8 per cent stake in Bank of Shanghai, just as many international rivals are beginning to sell out of China. Santander, which already has
      Reuters  -  620 words
    • Article
      Lock icon China slashes ministry powers to cut red tape
      347 13 Reuters [BEIJING] China has stripped dozens of powers away from central government ministries as it bids to cut red tape and prevent Beijing’s army of bureaucrats from micromanaging the world’s second-largest economy. China’s Cabinet, the State Council, announced on Tuesday that it
      Reuters  -  347 words
    • Article, Illustration
      Lock icon RBI to stay focused on inflation: Rajan
      292 13 Reuters [NEW DELHI] The focus of India’s central bank remains on inflation, Reserve Bank of India governor Raghuram Rajan said yesterday, adding that growth seems to be stabilising, although it was too early to call a bottom. Mr Rajan added that the rupee
      Reuters  -  292 words
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      258 13 Chatsworth Road Bishopsgate Grange Road Tanglin Road V mm ■p 9 61 m H j I Ki ■--->> v' u/i UO^OL, Mon Jervois is nestled in Singapore's prestigious Embassy Row of the Chatsworth-Bishopsgate-Tanglin enclave. Time seems to stand still in the old-world charm of this Good Class Bungalow (GCB) area
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  • WORLD
    • Article, Illustration
      Lock icon US budget deal may herald new era of bipartisan cooperation
      624 14 Obama calls the accord a good first step, urges Congress to quickly pass it Reu ters [WASHINGTON] A bipartisan budget deal announced in the US Congress on Tuesday, while modest in its spending cuts, would end nearly three years of
      Reuters; PHOTO: AP  -  624 words
    • Article, Illustration
      Lock icon 2013 likely to be Congress’ least productive year
      568 14 Bloomberg [WASHINGTON] Business Roundtable lobbyists wanted 2013 to be the year that lawmakers, free of immediate election pressures, would revamp US immigration policy, pass a debt-low-ering budget and expedite a pair of trade deals. Instead, Congress is on pace to have its
      Bloomberg; PHOTO: REUTERS  -  568 words
    • Article
      Lock icon Faith in American dream shaken as income gap widens
      633 14 Bloomberg [WASHINGTON] The widening gap between rich and poor is eroding faith in the American dream. By almost two to one 64 per cent to 33 per cent Americans say that the US no longer offers everyone an equal chance to
      Bloomberg  -  633 words
    • Article
      Lock icon Sweden’s privatisation reforms bankrupt education system
      852 14 Many private schools are going bust while standards have dwindled Reuters [STOCKHOLM] When one of the biggest private education firms in Sweden went bankrupt earlier this year, it left 11,000 students in the lurch and made Stockholm rethink its pioneering market reform of the
      Reuters  -  852 words
    • Article, Illustration
      Lock icon Swiss eye becoming world’s data vault
      670 15 Tight security, strict data protection laws in demand after recent leaks scandals AFP [ATTINGHAUSEN] It looks like the ideal location for a James Bond thriller: a massive underground bunker in a secret location in the Swiss Alps used for keeping data safe from prying
      AFP; PHOTO: AFP  -  670 words
    • Article
      Lock icon Swiss bank Valiant first to agree on US tax deal
      359 15 Reuters [ZURICH] Valiant has become the first Swiss firm to agree to crack down on wealthy Americans evading taxes and as many as a third of the country’s banks are expected to follow in the latest step in a long-running
      Reuters  -  359 words
    • Article, Illustration
      Lock icon Barra seen as a winner early in her GM career
      594 16 Ex-senior colleagues call her decisive, ever ready to act when something needs fixing Reuters [DETROIT] Until two years ago, Mary Barra, incoming CEO of General Motors Co, was little known outside the automaker. But her rapid rise inside the company,
      Reuters; PHOTO: REUTERS  -  594 words
    • Article
      Lock icon Women remain scarce in Fortune 500 top posts
      552 16 Proportion stays at under 15%, little changed in 4 years WP [WASHINGTON] On the same day that General Motors announced it had chosen a woman to lead the company, fresh research showed that the carmaker’s new chief executive is still the exception
      WP  -  552 words
    • Article
      Lock icon GM to shut Australia operations in 4 years
      445 16 It cites high costs, strong currency; Toyota may follow Re uters [SYDNEY] General Motors Co said that it would stop making cars in Australia within four years due to high costs and a cripplingly strong currency, fuelling fears that rival Toyota Motors
      Reuters  -  445 words
    • Article
      Lock icon EU officials rough out new bank rescue rules
      462 17 After six months of haggling, govts agree on some general principles AP [BRUSSELS] European Union (EU) finance officials fell short of a firm agreement that would clean up broken banks and keep the costs of doing that from hitting taxpayers. They had
      AP  -  462 words
    • Article
      Lock icon ‘Red shirts’ may rally to protect Yingluck govt
      476 17 Risks rising as push to limit Shinawatra influence continues Reuters [BANGKOK] Supporters of Thai Prime Minister Yingluck Shinawatra said yesterday that they could take to the streets to protect the government from protesters who have forced her to call a snap election,
      Reuters  -  476 words
    • BRIEFING
      • Article
        Lock icon Lloyds fined record £28m for sales failings
        69 17 Reuters [LONDON] Britain’s Financial Conduct Authority (FCA) imposed a record £28 million (S$57.4 million) fine on Lloyds Banking Group for the way it encouraged staff to sell products worth £2 billion that customers did not need or want. The FCA said it was
        Reuters  -  69 words
      • Article
        Lock icon Sandell demands changes at FirstGroup
        76 17 Reuters [LONDON] US activist shareholder Sandell Asset Management went public yesterday with a demand for British transport operator FirstGroup to split off its US business to invest in its domestic arm. Sandell, which owns just over 3 per cent of the struggling company, said a
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      • Article
        Lock icon Time names Pope its Person of the Year
        67 17 Reuters [NEW YORK] Time magazine named Pope Francis as its Person of the Year yesterday, crediting him with shifting the message of the Catholic Church while capturing the “imaginations of millions” who had become disillusioned with the Vatican. The Pope beat out
        Reuters  -  67 words
    • Article, Illustration
      Lock icon Fake interpreter at Mandela memorial
      186 17 Reuters [JOHANNESBURG] A fake sign language interpreter took to the stage during Tuesday’s memorial for anti-apartheid leader Nelson Mandela, gesticulating gibberish before a global audience of millions and outraging deaf people across the world. DeafSA, South Africa’s leading deaf association, condemned the presence of the
      Reuters; PHOTO: REUTERS  -  186 words
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      Lock icon Page 14 Advertisements Column 1
      384 14 NOTICES IN THE MATTER OF THE COMPANIES ACT AND IN THE MATTER OF CAP .50 AND IN THE MATTER OF B.P DE SILVA PROPERTIES PTE LTD (Company Registration No. *****1924E) (In Member’s Voluntary Liquidation) NOTICE TO CREDITORS NOTICE IS HEREBY GIVEN that the creditors of B.P DE SILVA PROPERTIES PTE
      384 words
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      Lock icon Page 14 Advertisements Column 2
      506 14 In the Matter of the Companies Act, Cap. 50 And In the Matter of 1. FOODPLEX TRADING PTE LTD (In Members’ Voluntary Liquidation) Reg. No. *****2248E 2. TRANSBILT ENGINEERING PTE LTD (In Creditors’ Voluntary Liquidation) Reg.No.*****6299H NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of
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      Lock icon Page 15 Advertisements Column 1
      31 15 FINDING LOVE IN SINGAPORE Four couples tell their stories Deepika in no mood to rest GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
      31 words
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      Lock icon Page 15 Advertisements Column 2
      65 15 HOT PROPERTY tir 1 v pristine HGTS 485Osf. High fir' rt StUdy F/furn. Fairer' y lm-med. $4 k. mrt Jan 2014. Grab! A early 872 VL s? H 2 S W p^ ND M «T unblocked L, ramic $4.6k. ay v,ew Only CITY APARTMENTS FOR RENT Check this and many
      65 words
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      Lock icon Page 15 Advertisements Column 3
      1810 15 MIYOSHI PRECISION LIMITED Company Registration No. *****3979K (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Miyoshi Precision Limited (“the Company”) will be held at No. 5 Second Chin Bee Road, Singapore *****2 on Friday, 27 December 2013
      1,810 words
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  • Page 16 Advertisements
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      Lock icon Page 16 Advertisements Column 1
      168 16 I heard that prices for International Plaza has soften recently. i Wow, with Singapore Property Watch, I am now able to compare recently transacted prices of offices nearby! .■■fils? 3 1=' II"" ■inisisi ilfifllSl i ■IIISIIM *****1,1, mm 11.. 111. i. 1111 n I managed to find out the recent
      168 words
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  • Page 17 Advertisements
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      141 17 a a: A t -r THE BOY WHO WILL STEAL THE SHOW Is a class act whom others look up to and admire Is a world-class performer who excels no matter how big the challenge is. The new BUSINESSMAN OF THE YEAR (BOY) will be unveiled at THE SINGAPORE BUSINESS
      141 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Investors should not write off Asia
      510 18 EDITORIAL BY most accounts, the global economy is on the mend so it should come as no surprise that most investment banks and stockbrokers are recommending that investors buy stocks in 2014. Equity valuations are said to be reasonable at least relative to bonds
      510 words
    • Article, Illustration
      Lock icon Inclusive growth still eludes the Philippines
      804 18  -  THE BOTTOM LINE AL LABITA The writer is a Manila-based contributor to BT THERE is nothing to crow about in the claim by Philippine President Benigno Aquino’s government that under its watch, the economy has expanded at a rate faster than what its officials
      804 words
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      Lock icon Singapore’s tax code can be simplified further
      1282 18  -  It’s time to challenge relevance of each section of ITA and rationalise appropriate sections By CHUNG-SIM SIEW MOON RUSSELL AUBREY The writers are respectively, partner head of tax and partner, international and transaction tax, at EY in Singapore. The views expressed are their
      ST FILE PHOTO  -  1,282 words
    • Article, Illustration
      Lock icon The perils of the ‘business case’
      1374 19  -  It seems that many companies are not prepared to do the right thing just because it’s the right thing to do By MAK YUEN TEEN The writer is an associate professor of accounting in NUS Business School, where he teaches corporate governance and ethics
      PHOTO: REUTERS  -  1,374 words
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      Lock icon WTO must evolve to stay relevant in trade policy
      1020 19  -  By WOO JUN JIE The writer is a PhD candidate at the Lee Kuan Yew School of Public Policy, National University of Singapore N Dec 7, 2013, members of the World Trade Organization agreed to a “Bali package” that has as
      PHOTO: AFP  -  1,020 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon In-flight calls – Congress says no, FCC says go
      917 20 In-flight calls Congress says no, FCC says go Public concern over safety and nuisance factors still very much an issue Bloomberg [WASHINGTON] Even as Congress and members of the public say “No”, Federal Communications Commission (FCC) chairman Tom Wheeler is not backing down on letting US airline passengers make phone
      Bloomberg  -  917 words
    • Article
      Lock icon Bad shipping loans at German banks to rise
      572 20 Bloomberg [HAMBURG] Germany’s top shipping lenders, including Commerzbank AG and HSH Nordbank, face rising credit default risks next year as bad debt from clients struggling to emerge from the industry crisis mounts, according to Moody’s Investors Service. The eight banks under review,
      Bloomberg  -  572 words
    • Article, Illustration
      Lock icon Alitalia secures 300m euros in new capital, reassures unions
      686 20 Reu ters [MILAN] Alitalia has finally secured the 300 million euros (S$517 million) it needs to keep flying over Christmas, a source said on Tuesday, concluding a drawnout capital raising that showed how much work the airline has to convince investors
      Reuters; PHOTO: REUTERS  -  686 words
    • Article
      Lock icon State role in funding plane purchases set to fall, says Boeing
      312 20 Reuters [LONDON] More commercial jet buyers will tap rapid-ly-expanding capital markets to finance US$112 billion of jet sales in 2014 as state-backed export credits become pricier and more politically sensitive, Boeing Co said on Tuesday. Money from govern-ment-backed export
      Reuters  -  312 words
    • Article
      Lock icon TRANSPORT STOCKS
      237 20 SGX '000 Dec 11 S$ +/-Vol Ch Offshore 0.42 unch 111 Chuan Hup Hldg 0.26 unch 62 Dec 11 Cwt Limited Vol First Ship Lea unch unch 0 Grand Banks.................unch unch 0 Jaya Hold Ltd 0.68 -0.01 272 K1Ventures Chuan Hup Hldg.... Keppel Corp 10.88 -0.02 2850 Mercator
      237 words
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  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      335 20 CRYPTIC CROSSWORD Across 7 A mister with sitar playing in Indian city (8) 9 In the auditorium, unsettled by stages (6) 10 Irish individual, right person for applying pressure (6) 11 New deal required in cargo reception area, there being impasse (8) 12 Ignoble now, having got drunk? Cease exploding
      335 words
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  • Article
    Lock icon Shipping Times
    1530 21 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
    1,530 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      2982 22 Transaction date: Dec 11 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 142 unch 3136
      2,982 words
    • Article
      Lock icon SGX CATALIST
      246 23 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
      246 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11510 23 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!** 1 9045/ China Opportunities! FM local Ccy Bond 0 8982/ European Opportunities!** 1 2713/ Global Emerging Markets'**
      11,510 words
    • Article
      Lock icon GLOBALQUOTE
      249 23 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 31.5 Genting HK US$ US41 -1.5 ***** 43 40.5 40.5 41 2699.7 Sale 318 191 TanChongInt HK302 +3 147 302 299 297 302 4.3 2.3
      249 words
    • Article
      Lock icon SGX ETF
      894 23 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 123 107.1 ABF SG Bond ETF 113 3 113 113 111 113 515.8 143 127.7 CIMB APAC Div 100S$D 129 124.7 125.6 114.4 99.2 CIMB APAC
      894 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      719 24 Dec 11 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.93 *****.30 *****.11 Dec13 *****.00 *****.00 *****.00 *****.00 *****2 *****9 Mar14 *****.00 *****.00 *****.00 *****.00 *****6 *****3 MSCI TAIWAN INDEX FUTURES SPOT 297.46 299.57 296.28 Dec13 297.70 300.10 296.00 297.60 ***** *****2 Jan14 296.70
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 24 In local curr In S$ In US$ dy yr dy yr dy yr Dec 10 Index Change Change Change Change Change Change World Preliminary 1150.0 -0.3 22.6 -0.1 23.4 -0.1 20.7 EAFE Preliminary 921.9 -0.5 19.0 -0.1 18.2 -0.2 15.6 Europe Preliminary 1303.2 -0.7 13.6
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 24 Dec 11 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 5.536 0.662 7.070 55.912 109.462 0.934 9.594 2.930 1.103 97.868 40.242 1.140 9.446 0.809 26.969 29.246 0.555 0.912 Canada 1.033 5.718
      471 words
    • Article
      Lock icon SIBOR
      40 24 Dec 11 (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
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    • Article
      Lock icon GOVERNMENT SECURITIES
      84 24 Dec 11 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 5-Year N*****0T 0.5 01-Apr-18 98.85 10-Year NX*****H 2.750 01-Jul-23
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    • Article
      Lock icon PRECIOUS METALS
      136 24 Dec 11 GOLD(US$/oz) Dec 11 Dec 10 Hong Kong 1265.00 1253.00 Dec 10 Dec 09 London 1261.26 1235.49 1262.03 1236.71 Source: Thomson Reuters CAST BAR Dec 11 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 114 50 5gm 322 252 10gm 576 504
      136 words
    • Article
      Lock icon PALM OIL
      53 24 Dec 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 13 2599.0 1701 Jan 14 2626.0 2617.0 2634.0 2615.0 953 ***** Feb 14 2635.0 2631.0 2650.0 2627.0 ***** ***** Mar 14 2640.0 2636.0 2653.0 2632.0 4353 *****
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 24 Dec 11 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1393 1.1402 0.9116 0.9120 Canadian dollar 1.1768 1.1778 0.9421 0.9416 Euro 1.7206 1.7214 1.3767 1.3769 NZ dollar 1.0331 1.0339 0.8266 0.8270 Sterling pound 2.0532 2.0545 1.6428 1.6433
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 24 Dec 10 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 14 1338.25 1343.75 1353.50 1330.50 Mar 14 1322.00 1326.75 1335.00 1314.00 May 14 1304.50 1311.75 1316.00 1296.75 Jul 14 1291.25 1299.75 1301.25 1283.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 13
      109 words
    • Article
      Lock icon LIFFE
      94 24 Dec 10 COCOA (£/tonne) Close Prev High Low Dec 13 1713 1702 1723 1692 Mar 14 1737 1726 1742 1718 May 14 1734 1724 1740 1717 Jul 14 1733 1723 1739 1716 COFFEE(US$/tonne) Close Prev High Low Jan 14 1849 1769 1860 1759 Mar 14 1793 1723 1803 1713
      94 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1129 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 20 -1 70 0.0 5 -81 55 Asia-Pacific Strategic W*****6 Ratio Exer Price Ascendas Reit MB ECW*****3 Disc Asiatic Grp(Hldgs) Ltd W*****5 2.3 0.0 2 21 Asiatravel.com HoldingsW*****7
      1,129 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 24 CRUDE OIL PRODUCTS Dec 10 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.74 -1.16 WTI (Near Mth) 98.47 1.03 Dubai (1-Mth F) 106.45 -0.80 Tapis blend 115.38 -1.45 Minas 109.18 -1.45 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 105.67 -1.44 Jet Kerosene 125.72 -1.80 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Dec 11 S$ Bid Offer 1-month 1.2498 1.2502 2-months 1.2497 1.2501 3-months 1.2497 1.2501 6-months 1.2493 1.2498 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      65 24 Dec-10 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1747.25 1747.25 3 months 1793.00 1793.00 Copper, Grade A(US$/tonne) Cash 7136.25 7136.25 3 months 7135.00 7135.00 Lead(US$/tonne) Cash 2084.75 2084.75 3 months 2110.00 2110.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.50 *****.50 3 months *****.00
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 24 As at 9am Dec 11 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.168 1.113 Can dollar 1.199 1.153 Euro 1.758 1.675 Sterling pound 2.091 2.011 NZ dollar 1.061 1.021 US dollar 1.273 1.213 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      157 24 Dec 11 $S Offer Bid 0vernight 0.01 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.03 US$ 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
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  • PROPERTY
    • Article, Illustration
      Lock icon Tax may dim London’s allure for foreign property buyers
      1376 25 Frequent changes to property-tax law and the spectre of more levies are putting off buyers from abroad WP [LONDON] ANEW capital-gains tax on homes sold by people living abroad, plus a growing British economy that’s lifting the currency, may dull London’s
      WP; PHOTO: BLOOMBERG  -  1,376 words
    • Article
      Lock icon Househunt
      220 25 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN NOV 6 AND NOV 12, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 4 NON-LANDED Corals At Keppel Bay Apt 08/11/2013 99 4930 ***** 2475 District 5 NON-LANDED Village
      220 words
    • Article, Illustration
      Lock icon Swiss central bank wary of housing bubble
      789 26 Cheap mortgages fuelling biggest property boom in two decades Bloom berg [ZURICH] Swiss National Bank (SNB) officials are counting the cost of their zero interest-rate policy. After more than two years of targeting three-month Libor between zero and 0.25 per cent, coupled with
      Bloomberg; PHOTO: BLOOMBERG  -  789 words
    • Article
      Lock icon Battle for Australian office trust heats up
      465 26 Dexus, CPPIB’s hike of joint offer may spark higher bids Reuters [SYDNEY] A bidding war for Australia’s Commonwealth Property Office Fund escalated after Dexus Property Group and the Canada Pension Plan Investment Board hiked their joint offer a move expected to prompt a
      Reuters  -  465 words
    • Article, Illustration
      Lock icon London’s Covent Garden building project gets nod
      373 26 Bloomberg [LONDON] Capital Counties Properties, the London developer that owns most of Covent Garden, won approval to build 45 apartments in the district as well as shops and restaurants as property values in the city reach records. The developer’s project, covering 103,000 square
      Bloomberg  -  373 words
    • Article
      Lock icon SLA to extend paperless Titles beyond DBS
      471 27  -  CPF and more financial institutions will join initiative in first quarter of next year By MINDY TAN tanmindy@sph.com.sg THE Singapore Land Authority (SLA) will be rolling out its paperless Certificates of Title initiative to more financial institutions and the Central Provident Fund Board
      471 words
    • Article, Illustration
      Lock icon Blackstone steps up property deals in Asia
      1195 27 Maturing funds are selling assets; banks scaling back real estate businesses Bloomb erg [HONG KONG] Blackstone Group LP, which has put US$1 billion of equity this year into Asian real estate, says it’s poised for more deals in the region as maturing funds
      Bloomberg; PHOTO: BLOOMBERG  -  1,195 words
  • Page 25 Advertisements
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      275 26 EUNOSVILLEFor Sale By Tender Rare development opportunity with panoramic views SiteArea 376,713 sf, Plot Ratio 2.8 EXPRESSWAY (PIE) Paya BEDOK Low Rise Area Jln Eunos PAN ISLAND Lebar Rd Low Rise Area Eunos MRT Paya Lebar MRT Ave Sims Bedok MRT Kembangan MRT Changi Rd Still Rd Only 90m to
      275 words
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      Lock icon Page 26 Advertisements Column 2
      108 26 ii International Property Group Pte Ltd 8 Marina View, #07-04, Asia Square Tower 1. S.*****0 A Singapore Based Boutique Real Estate Broker Focusing On Commercial Real Estate In Central Region Of Singapore Regional Cities We deal with the following types of assets: Bulk Sale Of Undervalued Freehold Strata Title Retail
      108 words
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      Lock icon Page 26 Advertisements Column 3
      63 26 Medical Suites for Lease •Minutes to Gleneagles and Mt Elizabeth hospitals,luxuryhotels and OrchardRoad •Multi-disciplinarymedicalcentrewithover100topmedicaland healthcarespecialists •Locatedintheheartofexpatcommunityof TanglinandHollandareas •RadiologyLaboratories •PharmacyandDiagnosticLaboratory •ShuttlebustoOrchardMRT Medical Expertise. Privacy Location. F or l eas i n g en q u i r i e s p l ease ca ll Audrey 6434 9808 Keith 6434 9832
      63 words
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      44 27 Singapore Tallest Residential Building Exclusive 181 Units Seamless flow to Tanjong Pagar MRT Integrated Development Living in the Clouds, Fantastic Views CALL NOW FOR APPOINTMENT Joe Leow: 9181 1212 (CEA Reg No: R*****0G) DTZ Debenham Tie Leung (SEA) Pte Ltd CEA Licence No: L*****01G
      44 words
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      Lock icon Page 27 Advertisements Column 2
      143 27 e FIABCI Prix d Excellence Award 2013 smaran 3*4 ■m L n m m :iiii 11: uai The penthouses of Soleil Sin a ran embody the very finest in ultimate luxury living. The desirability is further heightened by the rarity of these 5-bedroom single storey penthouses, each spanning over 4,700sq
      143 words
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  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      128 28 PAN ERAI.COM i yt*-.** .v 9 l>J IT k r« Mr mZZ2 4 tt *x t 7l *h **k *w w* RADIOMIR < Tf > IV P j.b. -m 3 SPfe •i v.Mtsa 9 I Si Bgwla ,f i i A WB >• i#^i '> if •■■fiit VI -'ix*'-'. V?>*
      128 words