The Business Times, 10 February 2014

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Microfilm: NL32979
Total Pages: 36
1 36 The Business Times
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  • Title Section
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    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Monday, February 10, 2014
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  • Article, Illustration
    Lock icon S’pore Airshow stages its largest edition ever
    979 1  -  Show opens tomorrow with 1,000 exhibitors from nearly 50 countries By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] The Singapore Airshow returns this week in its largest edition yet with a bigger list of companies, all seeking to snare a piece of the pie in one
    PHOTO: AFP  -  979 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      57 1 Weekly Change ST INDEX 3,013.14 -14.08 KL COMP 1,808.59 +4.56 NIKKEI 225 14,462.41 -452.12 HANG SENG 21,636.85 -398.57 SET INDEX 1,296.49 +22.21 JAKARTA COMP 4,466.67 +47.91 MANILA COMP 6,011.14 -30.05 SEOUL COMP 1,922.50 -18.65 SHENZHEN B 837.57 -12.54 MUMBAI IND 20,376.56 -137.29 DOW 15,794.08 +95.23 NASDAQ 4,125.86 +21.98 S&P
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    • Article
      Lock icon PRIME RATES
      21 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 15.007 KOREA 5.036 JAPAN 1.475 KOREA 9.33 INDIA 0.50 Source: Bloomberg
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    • Article
      Lock icon FOREX
      49 1 US$ S$ US$ (S$ per US$) 1.268 (US$/S$ per 1.635 2.074 EURO (US$/S$/€ 1.359 1.723 Foreign currency per US$ S$ YEN 102.10 80.50 RM 3.326 2.622 HK$ 7.759 6.117 BAHT 32.83 25.88 RUPIAH 12,148 9,577 RENMINBI 6.064 4.781 INDIAN RUPEE 62.35 49.16 A$ 1.118 0.882 NZ$ 1.214 0.957
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  • Article
    Lock icon Pioneer Generation Package to benefit 450,000
    668 1  -  Qualifying seniors to see healthcare expenses reduced By LEE U-WEN leeuwen@sph.com.sg [SINGAPORE] About 450,000 Singaporeans aged 65 or older this year will benefit from the new Pioneer Generation Package, said Prime Minister Lee Hsien Loong yesterday. These seniors will get help to pay for
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      91 1 TOPLINE Life after Sentosa Cove for Ho Bee PAGE 6 DINING OUT Stylised chic of Thai street fare BOARDROOM MATTERS The Nine-Year Rule PAGE 7 VIEWS FROM THE TOP Looking 50 years ahead PAGES 10-11 PAGE 29 SINGAPORE AIRSHOW 2014 A special BT supplement Pages 22-27 BT WEBSITES For breaking
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      4 1 More reports, Page 4
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      485 2 S’pore Airshow stages its largest edition ever THE Singapore Airshow returns this week in its largest edition yet with a bigger list of companies, all seeking to snare a piece of the pie in one of the industry’s fastest growing regions. FRONT PAGE Pioneer Generation Package to benefit
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    • Article, Illustration
      Lock icon MAS-SGX measures: more can be done
      766 2  -  Scope for improvement with regard to manipulation and disciplinary action COMMENTARY R SIVANITHY sivan@sph.com.sg Senior Correspondent THE moves proposed by the Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX) on Friday targeting speculative trading in penny stocks are welcome since all are
      PHOTO: BLOOMBERG  -  766 words
    • Article
      Lock icon More cross-border tie-ups needed: ESM
      445 4  -  Regional aviation faces challenges in infrastructure, skilled workers and regulatory barriers, he says SINGAPORE AIRSHOW 2014 By JOYCE HOOI joyceh@sph.com.sg [SINGAPORE] Emeritus Senior Minister Goh Chok Tong has urged closer regional and international partnership in aviation against a backdrop of challenges that the industry faces
      445 words
    • Article, Illustration
      Lock icon Flying display times make way for heavier Changi passenger traffic
      630 4  -  They are1/2hour earlier to avoid peak hour traffic By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] The Singapore Airshow has had to move forward its flying displays by half an hour to avoid peak hour traffic at Changi Airport, where passenger traffic continues
      PHOTO: REUTERS  -  630 words
    • Article, Illustration
      Lock icon Weak Asia-Pacific cargo markets airlines’ biggest worry: Iata chief
      406 4  -  By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] Persistent softness in the Asia-Pacific cargo markets remains the biggest concern for regional carriers, according to International Air Transport Association (Iata) chief Tony Tyler. “Cargo continues to be weak and for the big airlines in this
      PHOTO: YEN MENG JIIN  -  406 words
    • Article
      Lock icon ST Engg to debut novel ideas at S’pore Airshow
      224 4  -  By JOYCE HOOI joyceh@sph.com.sg [SINGAPORE] As the Singapore Airshow 2014 opens this week, its largest exhibitor, ST Engineering, is set to present its latest technologies which span three clusters: aviation, combat and environmental solutions. The defence and engineering group will take
      224 words
    • Article
      Lock icon Indonesian top brass not attending Airshow
      239 4  -  By CAI HAOXIANG haoxiang@sph.com.sg [SINGAPORE] Amid a diplomatic row between the two countries, Singapore has reportedly rescinded its invitation to an Indonesian delegation that was supposed to attend this week’s Singapore Airshow. Singapore’s Ministry of Defence did not confirm the rescindment yesterday, but said
      239 words
    • Article
      Lock icon S-E Asian carriers’ aircraft buying binge raises concern
      461 4 Reuters [SINGAPORE] Low-cost carriers are flying high in South-east Asia on the back of sharp growth in air travel, but as hundreds of new jets swarm into the region concerns are rising about its ability to absorb the record numbers of planes
      Reuters  -  461 words
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      401 2 L ft R i A 3 e •v <* 33P A Raffles City Convention Centre Fairmont Ballroom, Level 4 80 Bras Basah Road Singapore *****0 Register online at www.ey.com/sg/budget Seminar fees Clients, alumni and SIATP members: S$250 Others: S$300 *Fees include lunch, refreshments and GST. Attendees will receive a copy
      401 words
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      281 2 Gel a Master’s degree that places success in your sight. It*s my choiq Open House 22 March 2014, i2-5pm Kaplan City Campus Wilkie Edge Success means the world to us. It is the culmination of sound decisions and equally unorthodox ones. At Kaplan, through our collaboration with Northumbria University, we
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      253 3 nusajaya techpark A New Benchmark Having successfully created some of the most acclaimed business space environments in Asia, industry Leader Ascendas now partners UEM Sunrise, the award-winning master developer of the Nusajaya regional city, to create a new benchmark for businesses in the heart of thriving Nusajaya. Situated just 5
      253 words
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      401 5 Our heartiest congratulations to on receiving the inaugural BEDAS Lifetime Achievement Award Mr Kwek Leng Beng -Tm r m v i, ‘‘111;; Nil yifi ii r, S) ■J <%■ 1 HEARTIEST CONGRATULATIONS FROM REDAS MANAGEMENT COMMITTEE MEMBERS FOR THE TERM 2013/2014 REDAS is proud to accord the inaugural award to
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Life after Sentosa Cove for Ho Bee
      1483 6  -  The Metropolis provides a strong recurring income base while London, Australia acquisitions reduce concentration risk in China, chairman Chua Thian Poh tells KALPANA RASHIWALA TOPLINE KALPANA RASHIWALA kalpana@sph.com.sg HO Bee Land, formerly Ho Bee Investment, is probably most associated with Sentosa Cove, having
      PHOTO: ARTHUR LEE  -  1,483 words
    • Article
      Lock icon Profit recognition boosts Oxley Q2 net to $25.1m
      447 6  -  By CAI HAOXIANG haoxiang@sph.com.sg OXLEY Holdings said that net profit for its second quarter ended Dec 31, 2013 more than doubled to $25.1 million, from $11.4 million the same period a year ago. This was mostly due to an accounting requirement that
      447 words
    • Article
      Lock icon Director buying, selling surge
      1552 7  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Limited THE buying rose for the second straight week while the selling among directors surged based on filings on the Singapore Exchange from Feb 3-7. A total of 14 companies recorded 36 purchases worth
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    • Article, Illustration
      Lock icon The Nine-Year Rule
      711 7  -  The revised Code of Corporate Governance obliquely implies that time on a Board could affect a director, but continuity has its advantages, says DAVID CONNER DAVID CONNER The writer is a member of the Governing Council of the Singapore Institute of Directors ONE of the new provisions
      PHOTO: STOCK.XCHNG  -  711 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1036 7 AIMS Prop Securities (Sep-Dec 13) Payment Ex Rec Pay Ann (cts) date date date date ct 0.150 27-Dec 31-Dec 21-Mar 18-Dec AIMSAMPI Reit (1 Oct-31 Dec 13) ag 2.770 06-Feb 10-Feb 27-Mar 29-Jan Ascendas REIT (1 Oct-31 Dec 13) ag 3.540 23-Jan 27-Jan 27-Feb 20-Jan Ascendas REIT ES
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      79 7 r Dream your way something big After a perfect night’s rest in lie-flat comfort, you’ll find a range of inspirations in our Business Class. Laugh through the latest comedies or savour gourmet cuisine; your biggest concern may only be bedhead. Welcome to the business of living. emirafes.com/sg Chauffeur-drive service in
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Markets may be in for bumpy ride ahead
      733 8  -  STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent THE rebound in Asian stocks last Thursday and Friday came ahead of similar bounces on Wall Street on both days. It was widely attributed to hopes that Friday’s US jobs report would be strong, thus restoring
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    • Article, Illustration
      Lock icon A better outlook for commodities in 2014
      560 8  -  COMMODITIES AVTAR SANDU The writer is senior commodities manager at Phillip Futures COMMODITIES will have a better year in 2014, after underperforming for the past two years, and as the global economy strengthens and inventories shrink. The period 2012-2013 saw the supply of
      560 words
    • Article
      Lock icon US dollar posts largest weekly fall since Oct
      474 8 CURRENCIES Bloomberg [NEW YORK] The US dollar last week had the biggest weekly decline since October as US economic reports from manufacturing industries to payrolls showed mixed results, underscoring the economy’s uneven recovery. Emerging-markets currencies rebounded after central banks from Turkey to
      Bloomberg  -  474 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1548 8 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Capital Ind REIT 2.00 1.75 4 10.43 13.57 1.72 1.42 Amtek Engineering Ltd 3.00 3.00 2 0.05 7.94 0.52 0.50 ARA Asset Management Ltd 2.29
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    • Article
      Lock icon RISES
      114 8 BY CENTS CLOSE UP Lyxor Indonesia10US$ 7621 248.6 2.6 SPDRS S&P 500 10US$ ***** 96.4 0.4 DBXT MSTHAI 10US$ 1765 73.6 3.4 DBXT MSINDO 10us$ 1211 58.3 3.9 CityDev 920 45.0 5.1 IS ASIA BND 100S$D 1297 20.0 1.6 Pan Ocean 100 520 20.0 4.0 Total Access 290 19.0
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    • Article
      Lock icon FALLS
      126 8 BY CENTS CLOSE DOWN SPDR DJIA 10US$ ***** -423.6 -2.1 DBXT MSUSA 10US$ 4337 -334.8 -5.7 DBXT MSJAP 10US$ 4350 -315.8 -5.4 DBXT Nifty 10US$ 9823 -294.2 -2.3 DBXT MSKorea 10US$ 5814 -202.9 -2.7 JSH 3145 -133.2 -3.2 DBXT MSAsExJp 10US$ 3149 -118.0 -2.9 DBXT MSEurope 10US$ 5688 -118.0
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 WEEKLY
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Feb 7 VALUE CLOSE BT OB/OS -809.00 +196.00 BT CADI -*****.00 +26.00 BT 10-day MA -*****.00 -81.00 FTSE ST Mid Cap 698.14 +3.66 FTSE ST Small Cap 523.27 +2.13 FTSE ST All Share 733.83 +5.45 FTSE ST China Top 194.03 +0.37 FTSE ST China 220.54 +0.85 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      58 8 VOLUME Albedo 1,276,431,000 HanKore 537,320,000 Transcu Grp 530,767,000 Charisma Energy 376,881,000 KLW Hldgs 343,594,000 Vallianz Hldgs 312,017,000 Federal Int 272,193,000 CCM Grp 227,999,000 Memstar 199,729,000 Golden Agri 136,231,000 VALUE($) DBS Grp 402,178,054 SingTel 402,041,793 OCBC Bk 300,611,944 UOB 253,527,804 Keppel Corp 248,125,865 GLP 198,866,745 CapitaLand 165,611,147 Genting
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      104 8 Ask the Commodities Experts Brought to you by Phillip Futures Pte Ltd (A member of PhillipCapital) /ms?* t At Phillip Futures www.phillipfutures.com.sg 6538 0500 futures@phillip.com.sg Co. Reg. No: *****5695G 250 North Bridge Road #07-01 Raffles City Tower Singapore *****1 Email: futures@phillip.com.sg The above information does not constitute an investment advice,
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Taking Heart
      458 9  -  By MINDY TAN tanmindy@sph.com.sg Visual artist gives $25,000 hongbao to Little Arts Academy THE Little Arts Academy received a special $25,000 red packet from visual artist, Toh Bing Wei, 17, on Saturday. The money was raised from the auction of a single painting during his first solo exhibition,
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    • Article
      Lock icon PRIME LENDING RATES
      268 9 Feb 7 BANKS Agricultural Bank Of China Agricultural Bank Of China ...5.50 Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited 5.50 Bank of Communications 5.50 Bank of East Asia Bank of China Limited ...5.50 Bank of Communications Bank of Tokyo-Mitsubishi Banque Internationale a ...5.50 Bank
      268 words
    • Article
      Lock icon COMPANY MEETINGS
      122 9 COMPANY MEETING PLACE DATE TIME Del Monte Pacific E M Hotel Singapore Anson Room 3 Level 2 81 Anson Road 11-Feb 10.00am Memstar Tech Ltd E Riverview Hotel Lily Room Level 4 382 Havelock Road 12-Feb 5.00pm United Envirotech E Amara Hotel Connection 2 Level 3 165 Tanjong
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      19 9 Grow Your Stock Call 1800 289 8822 or I e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices CLA/FEB1 1/g
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      109 9 Confidence to grow That’s what agricultural producers can achieve when they’re smart about managing risk. And smart managers work with CME Group, the world’s leading derivatives marketplace. Farmers and ranchers around the world partner with us to help them manage every kind of risk. Crop prices, weather fluctuations, interest rate
      109 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Looking 50 years ahead
      4051 10 THIS WEEK’S TOPIC What do you think society and the economy (global or domestic) will be like in 50 years’ time? How likely is it that your industry or profession will still be around and relevant by then? Lim Soon Hock Managing Director Plan-B Icag Pte
      PHOTO: STOCK.XCHNG  -  4,051 words
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      83 11 BNP PARIBAS sK 44 m 4 4 4 CIj I T4 4 14 M* m 4 41 Viilfli !Ti ♦in nm iim i II !P m i iiiM^Ly mu) jJ i 4.4l tia-HBH i K < <« IB li 1 The bank for a changing world r ii i i
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon The advantages of small caps
      2611 12  -  Small-cap stocks offer more opportunities than ever before, argueALEC ALEC HARPER, MATHIEU L'HOIR MAGUY MacDONALD Alec Harper is from AXA Rosenberg, Mathieu L ’Hoir is from AXA IM Research Investment Strategy, and Maguy MacDonald is from AXA Framlington Historically since 1975, small-cap equities have outperformed
      PHOTO: BLOOMBERG  -  2,611 words
  • Page 12 Advertisements
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      156 12 Get started now Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      156 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Widodo cool to speculation as his popularity soars
      1205 13  -  His approval ratings of 44% puts him in pole position for presidential bid By JEFFREY HUTTON btworld@sph.com.sg TWO months before Indonesia goes to the polls and the country’s most popular politician, Jakarta Governor Joko Widodo, won’t be drawn on whether he will
      PHOTO: BLOOMBERG  -  1,205 words
    • Article
      Lock icon BURSA MALAYSIA
      1455 13 VOL Feb 7 RM +/-(‘000) A M Realty 1.06 unch 311 Abric Bhd (‘000) Advance Synerg 0.14 unch 31 Adventa Bhd 1.05 0.04 186 Ae Multi Hldgs 0.20 unch 250 Affin Holdings 4.17 unch 15 Ahmad Zaki Res Airasia Bhd 2.34 0.05 ***** Alliance Finan 4.70 unch 1396
      1,455 words
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      107 13 m m '911 ab tf# A. 4 Tsinghua University H» &it a: (KSWMs 2lM4 6/I- 2lll5t| X/l) 1, it 2, BONUS $15,000 iSsbAtS*, rtftUifii mmny, MEtIc^, /a#m+$-iuu ift»rrttJ9; «!5-8WjHtfHlSf®«3-5^; M, #14, ffigiflMktoWJ®, g sra. &mi<immBKm, a¥£U, a i$3cA, $£A£ftX £ft& Jk mbftfyij, n*®*. Z'i'li&iU Li* arr&xi. $jBffiW. Trt-|ii|^‘lk*£Sflil'rf1 ttiMiefe 'd'
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon India projects faster economic growth of 4.9%
      885 14 Interest rate rises, spending cuts and unstable govt after polls seen as risks Bloomberg [NEW DELHI] India forecast a faster acceleration in economic growth than analysts had estimated, a prediction facing risks from interest rate increases to quell inflation and expenditure curbs by
      Bloomberg; PHOTO: REUTERS  -  885 words
    • Article
      Lock icon China, Taiwan set for first govt-govt talks since split
      627 14 AFP [TAIPEI] China and Taiwan are gearing up for their first government-to-government meeting in more than six decades tomorrow but analysts say renewed political ties between the former bitter rivals may still be a long way off. The Taiwanese government’s Wang
      AFP  -  627 words
    • Article
      Lock icon Indian luxury car market on the fast lane
      614 14 Segment grows 15% while overall sales are set to fall 10% AFP [NEW DELHI] German giant Mercedes admits it was “a little surprised” when Indian customers snapped up 125 of its new S-Class luxury cars costing US$250,000 apiece in just 16 days.
      AFP  -  614 words
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      233 14 Experience The City Be Central I i i 'i r. Promotional Rates Deluxe Room at The Gardens Hotel Residences RM395* (Breakfast and FREE Wifi). For reservations, call 03 2268 1111 or email resvnghr@stgiles-hotels.com The Gardens Hotel Residences St Giles Luxury Hotel KUALA LUMPUR MALAYSIA Tel: 603 2268 1188 Fax: 603
      233 words
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  • WORLD
    • Article, Illustration
      Lock icon Swift fall in US jobless rate puts Yellen in a spot
      1257 15 Fed chair has to assure investors that interest rates will continue to stay low Reu ters [NEW YORK] The rapid drop in US unemployment will make re-crafting the F e d e r a l R ese r ve
      Reuters; PHOTO: AFP  -  1,257 words
    • Article
      Lock icon UK watchdog to probe Barclays on stolen database
      382 15 AFP [LONDON] Britain’s data watchdog launched a probe yesterday after confidential files relating to Barclays Bank customers were allegedly stolen then sold on to rogue brokers. The Information Commissioner’s Office (ICO) said it would be looking into the case this week, after
      AFP  -  382 words
    • Article
      Lock icon UK bourse seen enjoying 10-15 years of growth
      375 15 But fund manager says progress this year may be choppy Re uters [LONDON] Britain’s stock market is set to enjoy 10-15 years of growth as an economic recovery builds, according to one of London’s most closely-watched money managers who built a reputation
      Reuters  -  375 words
    • Article
      Lock icon DB Platinum
      8 15 Branchen Stars R1C-A 03/02/2014 194,18 EUR
      8 words
    • Article, Illustration
      Lock icon UBS seeking immunity in forex probe
      823 16 Hoping to benefit from first-mover scheme, it gave US information in Sept Reuters [LONDON] Swiss bank UBS AG approached US authorities in September with information relating to an in-dustry-wide probe into alleged rigging of currency markets, in the hope of gaining antitrust immunity if
      Reuters; PHOTO: BLOOMBERG  -  823 words
    • Article
      Lock icon Lawsuits over forex market face uncertain outcome
      586 16 Even if manipulation is proven, antitrust law may not apply Reuters [NEW YORK] As investigations into alleged manipulation of the global foreign exchange market advance, class actions against the world’s biggest banks are piling up, exposing the banks to potentially billions of dollars
      Reuters  -  586 words
    • Article
      Lock icon BOE said to condone currency traders’ actions
      875 16 Sharing of impending customer orders not improper Bloomb erg [LONDON] Bank of England officials told currency traders that it wasn’t improper to share impending customer orders with counterparts at other firms, a practice at the heart of a widening probe into alleged market
      Bloomberg  -  875 words
    • Article, Illustration
      Lock icon More famous, rich Germans in tax trouble
      637 17 Debate has broken out if they should allowed amnesty AFP [BERLIN] Many of Germany’s rich, powerful and famous have hit trouble recently, not because of drugs or sexual escapades, but because the taxman has found out about their Swiss bank accounts. A football
      AFP; PHOTOS: AFP  -  637 words
    • Article
      Lock icon Germany’s top judges sidestep ruling on ECB bond-buying
      705 17 European Court of Justice asked to rule on whether ECB breached mandate Reuters [PARIS] By referring a complaint against the European Central Bank’s bond-buy-ing policy to the European Court of Justice, Germany’s constitutional court has sidestepped a crucial dispute over who has
      Reuters  -  705 words
    • Article, Illustration
      Lock icon US fast-food chains have big plans in Vietnam
      857 18 McDonald’s is the latest to eye the surging middle-class NYT [HANOI] When Nguyen Hoang Anh and Nguyen Thi My Hao started dating, the 23-year-olds agreed to disagree about food: Anh adores Western-style fast food, but Hao mainly eats pho, a popular noodle
      NYT; PHOTO: AFP  -  857 words
    • Article
      Lock icon America’s big problem is stagnant wages
      920 18 Spending power not rising despite good GDP growth, stock and housing boom NYT [NEW YORK] For the more than 10 million Americans who are out of work, finding a job is hard. For the 145 million or so who are employed, getting a raise
      NYT  -  920 words
    • Article
      Lock icon Japan’s nuclear sector struggles with regulations, delays
      776 18 New regulator is in place after the crisis, seeking to impose tougher safety rules Reuters [TOKYO] Hundreds of technicians and engineers are camped out in Tokyo hotels trying to revive Japan’s nuclear industry, shut down in the wake of the Fukushima disaster almost
      Reuters  -  776 words
    • Article
      Lock icon Big name funds hit by sell-off in emerging markets
      824 19 Reuters [NEW YORK] The plunge in emerging markets is taking a bite out of the performance of funds managed by some of the biggest names on Wall Street, including BlackRock, Brevan Howard and T Rowe Price. Some mutual funds are already
      Reuters  -  824 words
    • Article, Illustration
      Lock icon Scotland banks plan for consequence of independence vote
      808 19 Their main concern: will BOE still act as lender of last resort? Reuters [EDINBURGH, Scotland] In a burst of national pride at its annual shareholder meeting in 2007 Royal Bank of Scotland (RBS) was blasting out the theme tune to Braveheart, a
      Reuters  -  808 words
    • Article
      Lock icon Investors seek new targets for EM selloff
      624 19 Hungary, Russia may be tested after rate hikes make ‘Fragile Five’ too costly Reuters [LONDON] Countries such as Hungary, lacking the protection of high interest rates, may take the hit from the next selloff wave in emerging markets now bold rate hikes have
      Reuters  -  624 words
    • Article
      Lock icon All eyes on Yellen’s congressional testimony
      878 20  -  If she stands firm on Fed’s tapering plan, bull market could face stern test WALL STREET INSIGHT By ROB CURRAN HOPES that the Federal Reserve will reconsider tapering in the light of weak data stopped the market bleeding last week, but Janet Yellen may
      878 words
    • Article, Illustration
      Lock icon Abe’s candidate wins Tokyo governor election
      639 20  -  By ANTHONY ROWLEY in Tokyo FORMER Japanese prime minister Morihiro Hosokawa yesterday lost his bid to return to politics and to challenge Prime Minister Shinzo Abe’s pro nucle-ar-energy policies when he was defeated in the Tokyo gubernatorial election by former health minister Yoichi Masuzoe
      PHOTOS: AFP  -  639 words
    • BRIEFING
      • Article
        Lock icon Dubai index breaks 4,000 level
        58 20 Bloomberg [DUBAI] Dubai’s benchmark index, the world’s best-performing measure this year, breached the 4,000 level for the first time in five years, tracking a rebound in global equity markets. Abu Dhabi’s gauge advanced. The DFM General Index gained 2.4 per cent to 4,027.42, the highest
        Bloomberg  -  58 words
      • Article
        Lock icon Russian authorities say Bitcoin is illegal
        70 20 Reuters [MOSCOW] Russian authorities have issued warnings against using Bitcoin, saying the virtual currency could be used for money laundering or financing terrorism and that treating it as a parallel currency is illegal. The Russian Prosecutor General’s Office said on Thursday that Russian law
        Reuters  -  70 words
      • Article
        Lock icon Mobile game Flappy Bird taken down
        69 20 Reuters [HANOI] The developer of Flappy Bird, currently the most popular free mobile game on Apple App Store and Google’s Android Play store, had announced that he was taking the game down at 1700 GMT yesterday. Nguyen Ha Dong, a Hanoi-based game developer, announced
        Reuters  -  69 words
    • Article
      Lock icon Eurozone banks have a 50b euro black hole, says adviser
      627 20  -  Germany has one of the worst banking systems, he says By NEIL BEHRMANN in London A BANKING adviser to the UK government warns that eurozone banks are facing a black hole of around 50 billion euros (S$86.2 billion). Davide Serra,
      627 words
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      132 15 fireFUj Beyond Convenience NASI LEMAK STUFFED ROTI CANAI IPOH WHITE visit ROJAK MANJUNG WAN TON MEE NASI KERABU OPOR DAGING RENDANG TOK BANDAR BARU KLEBANG BURGER BAKAR KAMPAR CLAYPOT CHICKEN RICE KEROPOK LEKOR MANJUNG COCONUT JELLY ■em 2014 Truly Amo, < Q 01 HANDMADE IPOH YONG TAU FOO NASI DAGANGcendol
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      430 16 *AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices UNIONMET (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore on 21 July 2004) (Company Registration No. *****9104W) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICEISHEREBYGIVENthatanExtraordinaryGeneralMeeting (the “EGM”) of Unionmet (Singapore) Limited (the “Company”) will be held at RELC International Hotel, Room 503, Level 5,
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      320 16 UNITED OVERSEAS BANK LIMITED Company Registration No. *****0026Z (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES Notice is hereby given that the following share certificates have been reported lost, destroyed or mislaid: issued and the above original share certificates will be deemed duly cancelled and void fourteen (14) days
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      49 17 U) budget tour Planners Beyond Expectations SSBBM Company Incentive Trips Church Retreat Packages Free Easy Air Packages Customised Pilgrimage Tours Malaysia Coach Tours Local Sightseeing Tours Coach Hire (Singapore Malaysia) "Cruises BudgetTour Planners Pte Ltd 51 Cuppage Road, #06-17 Singapore *****9 t: (65)*****811 f: (65) *****922 e: sales@budget-tours.com.sg w.budget-tours.com.sg
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      101 17 It’s Time 19 whatsapp chat groups 65 new emails 11 voicemails waiting Time’s ticking and so is lunch at Edge. $50 for buffet lunch from Mondays to Fridays; book 5 days in advance for 50% savings, 4 days in advance for 40% savings and... you get the picture. Don’t stop
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      424 18 Microsoft will be ending its support for Windows XP on Apr 8. Hence, all computers running on this operating system after this date will encounter interface and operating encumbrances as well as be exposed to security threats. An unwelcome handicap especially if you are in business. To avoid unnecessary downtime,
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      65 19 the indulgent paradise is** a a Welcome Delegates ot Singapore Airshow 2014 Land at Singapore largest Indoor lifestyle spa Si C Signature Gateway to Vitality includes spa facilities, iree flow oi iood&beverages and a 60-min body treatment. Make your booking now! 6280-8988 llam-llpm (Mon-Thu) llam-3am (Fri-Sat) 102 Guiiiemard Road #02-02
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      95 19 LIC’s Wealth/Plus A SINGLE PREMIUM ENDOWMENT PLAN 1.60% Guaranteed Yield Per Annum Policy Term: 5 Years Capital Fully Guaranteed At Maturity Limited Period O ffer For details call *****797 Mail to enquiry@licsingapore.com Visit us at www.licsingapore.com The above product is only distributed by appointed Licensed Financial Advisers in Singapore. Please
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      307 20 Most investors would hold a number of stocks in their portfolio. However, most do not have a proper strategy of planning the type and quantity of stocks to buy. They will buy and sell each stock as independent counters. In all likelihood, investors sell off profitable counters and leave the
      307 words
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      48 20 Exhibit and sell your products and services to thousands of women with buying power. Ladies’ Expo is set to deliver the mid-to high-end platform for a showcase of the most posh and chic in beauty, fashion, nutrition, health, wellness, sports, fitness, shopping and more! *****620 or Email: sales@exhibitsinc.com.sg
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      483 21 VdWWWWWF STPROPERTY SEMINAR *fe. Hurry now, s pjiopZjrr/ i'jij-\ps'=r outlooj' FOR A 5 DAYS fcS Ski U; s until the end of Early Bird rates A ri YEAR OF THE HORSE I I sir ■|1| pf39 Jig g Sii fr |'«8 5 nil S Date: 1 2 March 2014 Venue:
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  • SINGAPORE AIRSHOW 2014
    • Article, Illustration
      Lock icon On a rising trajectory
      592 22  -  The Singapore Airshow 2014 is the largest yet, with over 1,000 companies from some 50 countries participating, reportsNISHA RAMCHANDANI NISHA RAMCHANDANI THIS year’s edition of the Singapore Airshow (Feb 11-16) at the Changi Exhibition Centre will be the biggest yet, with over 1,000 companies from some
      PHOTOS: EXPERIA EVENTS, MINISTRY OF DEFENCE, SINGAPORE, REPUBLIC OF KOREA AIR FORCE  -  592 words
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      Lock icon Celebrating Asia-Pacific’s growing aviation sector
      715 24  -  The fast pace of growth and its benefits should not be taken for granted, saysTONY TONY TYLER The writer is Director-General and CEO of the International Air Transport Association THIS year’s Singapore Airshow opens as the aviation industry celebrates the 100th anniversary of the birth
      PHOTO: BLOOMBERG, EXPERIA EVENTS  -  715 words
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      Lock icon Becoming a total aviation services provider
      959 24  -  MRO player ST Aerospace is building up capabilities in other areas of the industry By NISHA RAMCHANDANI ST Aerospace, the aerospace arm of ST Engineering, has been evolving into a total aviation services provider as it builds up capabilities in additional segments of the
      PHOTOS: ST AEROSPACE  -  959 words
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      Lock icon Asia’s place in the aviation picture
      2456 26 THE Business Times engaged some Asia–Pacific aviation industry experts on the key issues facing the industry today and on ways to overcome some of these challenges BT: How has Asia’s role in the aviation industry evolved over the years? From a global perspective, how
      PHOTO: BLOOMBERG  -  2,456 words
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      66 22 r ro 3 -Q a; a. vo ST o 'V o 69 v r o s o s 0 <? N >J\ Visit the ST EnQ^ e ST Engineering WE NAVIGATE A COMPLEX WORLD IN SEARCH OF OPPORTUNITIES. ST Engineering is an engineering group that provides smart solutions. We bring
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      269 23 4 pml-bmw.com. sg Sheer Driving Pleasure .-.i: .V. :A;- SSI®?. Hill 3s&£!i v m O ft ar c Si 5?=£ Wl I fiV/ u«r a* scar: BMW X3 xDrive20i BMW730U 91 BMW X3 xDnve20i Business BMW 730U BMW 320i Business HIGH-FLYING PERFORMANCE FOR THOSE WHO LEAVE THEIR MARK. The Singapore
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      228 25 Seletar Aerospace Park A Leading Aerospace Hub in Asia Developed by JTC Corporation to position Singapore as a global aviation hub, the 320-hectare Seletar Aerospace Park boasts the full spectrum of aerospace activities. More than 40 MNCs and SMEs have come together to establish this vibrant integrated cluster, reaping the
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      238 27 GIVING YOUR CAPABILITY THE EDGE '^n iarl tin-nn MCLP" n>n" ijrH»ibliiiai ..■■■in. ■■■.•-in.... a n iiln.... i nr b.c ,iB.BBiii|||.... BBBBlillUBBB. CUBSS I M ■■iiBBBB ll|llBBBI iiiiinB In. i i it;i ■;>' I IB t Hi ai I i njjHviiiii'Jii -r I j I I 1 -r 55 r .11
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  • AVIATION/SHIPPING
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      Lock icon Asian aviation faces manpower, infrastructure crunch
      563 28  -  Adding to woes is govts’ resistance to free up aviation market: source By VEN SREENIVASAN ven@sph.com.sg THE two greatest challenges that Asian aviation faces are a looming infrastructure crunch and manpower shortage. Adding to these is the inherent resistance ofgovernments to free up the
      563 words
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      Lock icon Pay-per-use lounge opens at Terminal 3
      319 28  -  By RAPHAEL LIM raphlim@sph.com.sg CHANGI Airport has opened its first pay-per-use lounge outside the immigration zone in Terminal 3. Called The Haven and managed by luxury terminal services provider JetQuay, the lounge offers facilities for showers, meetings and meals. Customers can choose the services
      319 words
    • Article
      Lock icon TRANSPORT STOCKS
      246 28 SGX '000 Feb 07 S$ +/-Vol Ch Offshore 0.42 unch 191 Chuan Hup Hldg 0.26 0.01 25 Cosco Corp 0.70 unch 836 Cwt Limited................1.27 -0.01 184 Ezra Hldgs 1.02 0.08 ***** First Ship Lea unch unch 0 Grand Banks 0.22 unch 102 Jaya Hold Ltd 0.80 -0.01 1239
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      Lock icon Air India Dreamliner has software glitch
      383 28 NYT [MUMBAI] In the latest in a string of technical problems involving the Boeing 787 Dreamliner, a “software glitch” has been identified as the cause for an Air India flight to divert from its course and make an emergency landing in Kuala Lumpur. Air
      NYT; PHOTO: BLOOMBERG  -  383 words
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      Lock icon N Korean ship released after Panama fines paid
      426 28 Reuters [PANAMA CITY] A North Korean ship detained near the Panama Canal for holding Cuban weapons is free to go after the ship’s representatives paid a US$693,333 fine to the Panama Canal Authority, the authority said. The return of the Chong Chon
      Reuters  -  426 words
  • Page 28 Advertisements
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      35 28 WIN TICKETS TO CATCH MICHAEL LEARNS TO ROCK LIVE IN SINGAPORE! 22 February 2014 The MAX Pavilion 0 Singapore Expo Tune in to Kiss92 now! UnUsUaL GROUP OF COMPANIES /RUSSIA -4 facebook.com/kiss92fm SA @kiss92fm www.kiss92.sg
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      112 28 IFBO VIETNAM 2014 International Franchise Business Opportunities 28-30 May 2014 10.00am 5.00pm Tan Binh Exhibition Convention Centre Ho Chi Minh City, Vietnam International franchise brands and business concepts under one roof Get free lessons on franchising from the experts! Pick up useful tips on doing business in Vietnam *Enjoy preferential
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  • Page 28 Miscellaneous
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      327 28 CRYPTIC CROSSWORD Across 1 Note deficiency, get governors to provide school equipment (10) 9 Present her with key (4) 10 Cancellation of count leads to rebuke (7,3) 11 The Spanish weapons that make army manoeuvres possible (6) 12 Proposition from me to her (7) 15 Tact as well as art
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  • DINING OUT
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      Lock icon Stylised chic of Thai street fare
      869 29  -  Bite into the earthy authenticity of Thai street favourites at Longtail restaurant, writes JAIME JAIME EE NEW RESTAURANT Longtail Asian Brasserie Bar 70 Collyer Quay, #01-03 Customs House Tel: 6532 1319 Open Mon to Fri: 11.30am to 11pm. Sat: 4pm to 11pm. Closed on
      PHOTOS: LONGTAIL, JAIME EE  -  869 words
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      28 29 Wine and dine your Valentine through a culinary indulgence at Oscar’s or share sweet moments with your special someone as our Lobby Lounge transforms into a Chocolate Lounge!
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  • SINGAPORE STOCKS
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      Lock icon SGX MAINBOARD
      3349 30 Week ended: Feb 7 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last 14 11.5 8Telecom Week Last Quote Div GrYld Net M Cap 188 106 AIMSAMPIReit 141.5xd -3 1728 145.5 141.5 141.5
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      Lock icon SGX CATALIST
      347 31 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 37 21 t 3Cnergy 500 Last Vol 2.4 1.1 t Advanced System 1.2 unch 1932 1.2 1.1 1.1 1.3 21.1 Last Quote Div Gr
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      118 31 Stock name Close Change CapMallsAsia 1.750 +0.035 CapitaLand 2.820 +0.020 CapitaMall 1.825 -0.005 CityDev 9.200 +0.210 ComfortDelGro 1.920 DBS Grp 16.350 +0.050 GLP 2.790 +0.030 Genting SP 1.390 +0.045 Golden Agri 0.520 +0.010 HK Land 6.010 Stock name Close Change HPH Trust US$ 0.660 -0.010 JMH
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      Lock icon STOCKS ASIA
      2025 31 Transaction date: Feb 7 HONG KONG Vol HK$ +/-'000 Aeon Stores '000 Angang Steel 4.92 0.03 2212 Anhui Conch unch Anhuiexpresswa 3.91 unch 918 Asia Satellite 32.90 -0.10 23 Asm Pacific -0.08 Avic Ihl Angang Steel 4.92 Baiyunshan Ph 2212 Bank Of China 3.22 0.03 *****9 Bank Of
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      Lock icon GLOBALQUOTE
      276 31 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 61 34.4 AVJennings A56 unch 33 56 56 56 57 3.6 6.3 4.5 207.3 52 35.5 Genting HK US$ US40 -1.5 ***** 41.5 39.5 39.5 40 2633.8
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 31 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 9 2 0 0 0 3 9 2 Manufacturing 51 88 36 13 13 8 64 101 44 Commerce 24 34 18 12 8 0 36 42 18 Tpt/Stor/Comms 12 25 7
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      Lock icon SGX ETF
      1046 31 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 121 108.3 ABF SG Bond ETF 112 -1 48 113.1 112 112 113.5 511.3 143 119 CIMB APAC Div 100S$D 120 unch 0 120 119 114.4
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      Lock icon SECURITIES TRADING TURNOVER
      123 31 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 92,198 92,198 403,421 403,421 Manufacturing 1,412,376 578,256 1,990,632 666,542 23,128 689,670 Commerce 756,076 1,894,741 2,650,817 442,454 150,489 592,943 Tpt/Stor/Comms 440,844 8,453 449,297 757,763 791 758,554 Finance 145,347 1,259 146,606 1,039,739 388 1,040,127 Construction 246,252 624,546
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      26 31 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
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  • FINANCE & COMMODITIES
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      Lock icon SGX DERIVATIVES TRADING
      707 32 Feb 7 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.11 *****.95 *****.59 Mar14 *****.00 *****.00 *****.00 *****.00 *****5 *****5 Jun14 *****.00 *****.00 *****.00 *****.00 143 3262 MSCI TAIWAN INDEX FUTURES SPOT 292.24 293.97 291.78 Feb14 289.00 293.20 288.70 291.50 ***** *****0 Mar14 289.60
      707 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 32 In local curr In S$ In US$ dy yr dy yr dy yr Feb 7 Index Change Change Change Change Change Change World Preliminary 1147.7 0.8 -3.1 0.9 -2.9 0.9 -3.3 EAFE Preliminary 925.5 1.0 -3.2 1.1 -3.0 1.0 -3.4 Europe Preliminary 1338.9 0.6 -1.2
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      Lock icon INTERBANK CROSS RATES
      471 32 Feb 7 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.990 5.423 0.658 6.939 55.763 108.641 0.913 9.612 2.974 1.086 94.215 40.206 1.134 9.882 0.805 27.097 29.357 0.547 0.894 Canada 1.010 5.479
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      Lock icon SIBOR
      32 32 Feb 7 (US$) (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) (S$) 3 mths ..0.***** Source: Thomson Reuters
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      Lock icon GOVERNMENT SECURITIES
      84 32 Feb 7 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 27-Jun-14 0.31 1-Year BY*****T 31-Oct-14 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.58 5-Year NX*****W 2.5 01-Jun-19 105.54 105.75 105.55 10-Year NX*****H
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    • Article
      Lock icon PRECIOUS METALS
      135 32 Feb 07 GOLD(US$/oz) Feb 07 Feb 06 Hong Kong 1267.00 1265.00 Feb 07 Feb 06 London 1262.60 1255.60 1263.25 1256.45 Source: Thomson Reuters CAST BAR Feb 07 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 116 51 5gm 328 257 10gm 587 513
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      Lock icon PALM OIL
      57 32 Feb 7 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 14 2578.0 2577.0 2582.0 2576.0 143 1242 Mar 14 2572.0 2575.0 2585.0 2571.0 919 ***** Apr 14 2577.0 2578.0 2590.0 2571.0 9806 ***** May 14 2573.0 2575.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 32 Feb 7 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1341 1.1347 0.8942 0.8945 Canadian dollar 1.1458 1.1464 0.9038 0.9034 Euro 1.7229 1.7235 1.3584 1.3587 NZ dollar 1.0444 1.0450 0.8235 0.8238 Sterling pound 2.0732 2.0741 1.6346 1.6351
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 32 Feb 7 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 14 1331.50 1325.75 1332.50 1320.00 May 14 1317.50 1311.75 1318.75 1305.75 Jul 14 1298.00 1292.75 1299.00 1286.50 Aug 14 1251.00 1246.00 1252.25 1241.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 14
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    • Article
      Lock icon LIFFE
      94 32 Feb 7 COCOA (£/tonne) Close Prev High Low Mar 14 1867 1847 1871 1846 May 14 1859 1840 1864 1840 Jul 14 1852 1834 1856 1834 Sep 14 1843 1826 1845 1827 COFFEE(US$/tonne) Close Prev High Low Mar 14 1776 1860 1830 1773 May 14 1767 1845 1822 1763
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1216 32 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 40 4 143 0.0 5 -87 53 Asia-Pacific Strategic W*****6 0.2 -0.2 996 1 123 224 190.00 3 Ratio Exer Ascendas Reit MB ECW*****3 2.9 0.2 240 1
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 32 CRUDE OIL PRODUCTS Feb 06 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 106.45 1.22 WTI (Near Mth) 97.84 0.48 Dubai (1-Mth F) 102.83 0.48 Tapis blend 113.84 0.40 Minas 106.84 0.40 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 100.83 -0.23 Jet Kerosene 121.02 0.01 US$/barrel OpecOil Basket
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      Lock icon US$/S$ FORWARD RATES
      22 32 Feb 7 S$ Bid Offer 1-month 1.2683 1.2685 2-months 1.2682 1.2684 3-months 1.2682 1.2684 6-months 1.2679 1.2682 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 32 Feb-07 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1677.25 1671.50 3 months 1719.00 1713.00 Copper, Grade A(US$/tonne) Cash 7189.50 7178.00 3 months 7141.00 7129.50 Lead(US$/tonne) Cash 2101.75 2097.50 3 months 2119.00 2118.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
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      Lock icon FOREIGN CURRENCY NOTE RATES
      127 32 As at 9am Feb 07 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.162 1.107 Can dollar 1.166 1.122 Euro 1.762 1.679 Sterling pound 2.108 2.027 NZ dollar 1.069 1.028 US dollar 1.294 1.233 Local dollars to 100 units of foreign
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      Lock icon INTERBANK RATES
      154 32 Feb 7 $S Offer Bid 0vernight 0.05 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.03 US$ Offer Bid 7 days 0.20 0.10 1 month 0.26 0.16 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
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  • Article
    Lock icon Shipping times
    2250 33 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
    2,250 words
  • Page 33 Advertisements
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      132 33 Shanghai Chittagong C a il a n E n n o r e J e d d a h B r Ho Chi Minh NYK RORO &Conventional ServiceREGULAR SERVICE TO REGULAR SERVICE TO Persian Gulf, Bengal, Red Sea, Australia, East South Africa, Asia Europe is b a n e H
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      Lock icon Page 33 Advertisements Column 2
      135 33 V"\ r 40* new RtPO pT EPC fgl Services we provide; Transportation/Haulage Mechanical Repairs Pre Delivery Inspection Refurbishment Accessory Fittings Washing Storage/Preservation Yard Management Wallenius Wilhelmsen Logistics Singapore Pte Ltd Tel: (65) 6379 5166 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com Website: http://www.2wglobal.com FREIGHT LINKS EXPRESS Customer Service Contact: *****535, *****553,
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      136 34 mporters coking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II 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
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      129 35 NOW! *****620 or Email: sales@exhibitsinc.com.sg I T K K N P< I I k if 7N m± i H i nnr M l»l! IbI***'. IV qi at pp If-bu iWlv lTai» ft UP ?HW J JC. q n-AJl J CRYSTAL SYMPHONY n n FEBRUARY ISSUOUT NOW a *s«o*® «,0O BEYOND
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      49 35 ASIA’S LARGEST Educational Kids’ Fair join us at Asia's Largest Education Fair! Singapore Expo Hall 5 21 -23 March 2014 BOOK NOW! Limited Booths available! For more information, please contact Ms Adeline Goh 9681 8289 gohtna@sph.com.sg Mr Jeffrey Foe 9008 9391 jefffoo@sph.com.sg Organised by: sphere V A SUBSIDIARY OF
      49 words
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      Lock icon Page 35 Advertisements Column 3
      319 35 Fujitsu recommends Windows 8 Pro. FUJITSU Experience Intuitive Computing with Touch STYLISTIC Q704 Cl FEBOOK S904 1 EJ' M' «®<‘i Brilliant II II II II Extended Graphics Touch Display Port Replicator System Guards Durability The ideal touch-enabled travel companion featuring full functionality, exceptional lightweight design starting From 1.13 kg and
      319 words
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  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • Article
      Lock icon Yahoo to partner Yelp to attract search users
      321 36 It will offer Yelp’s ratings of local merchants within weeks: source Bloomberg [SAN FRANCISCO] Yahoo! Inc will form a partnership with reviews provider Yelp Inc to bolster search results and draw users, according to a person with knowledge of the deal. The
      Bloomberg  -  321 words
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      Lock icon Telstra Global sees S’pore as launch pad in Asia
      780 36  -  Solid IP backbone helps the company to provide global reach, writesAMIT ROY CHOUDHURY AMIT ROY CHOUDHURY amit@sph.com.sg WITH Asia Pacific as one of its key growth markets, Telstra Global sees a lot of potential in Singapore due to its strategic location.
      780 words
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      Lock icon Taking a bite of global social media search pie
      576 35  -  S’pore start-up claims to be first to offer such search on multiple platforms By ADELINE TAN SINGAPORE start-up Holatastic Pte Ltd has jumped onto the social media search bandwagon. It claims to be the first in the market to offer social
      576 words
    • Article
      Lock icon HTC, Nokia kiss and team up after dispute
      542 35 Bloomberg [WASHINGTON] HTC Corp and Nokia have agreed to collaborate after ending a patent-infringement dispute that could have resulted in the devices of Taiwan’s largest smartphone maker being kept out of the US market. HTC will pay royalties to Nokia to end
      Bloomberg  -  542 words
  • Page 36 Advertisements
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      502 36 HP recommends Windows. Make it matter. Goodbye XP. Hello complete security. m Windows XP support ends April 2014, but HP’s round-the-clock security remains. Protect your business during the great move by switching to the HP Elite and Pro series, powered by Intel® Core™ i5 processor. Each industry-leading PC comes with
      502 words