The Business Times, 14 February 2014

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

Microfilm: NL32979
Total Pages: 32
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Friday, February 14, 2014
    25 words
  • Article, Illustration
    Lock icon SMEs start to push back at rising rents
    721 1  -  ASME head bemoans ‘cartel’ of institutional landlords using ‘draconian measures’ BT BUDGET 2014 ROUNDTABLE By TEH SHI NING tshining@sph.com.sg [SINGAPORE] Singapore’s small and medium-sized enterprises (SMEs) are getting proactive about the mounting rent pressures they face. The Association of Small and Medium
    721 words
  • Article
    Lock icon SingTel’s Q3 profit rises 5.5% to $872m
    822 1  -  It lowers revenue forecast on cautious sentiment Down Under, weaker A$ By JOYCE HOOI joyceh@sph.com.sg [SINGAPORE] Singapore Telecommunications (SingTel) lowered its group consumer and enterprise revenue forecast for its full financial year yesterday, under the pressures of a weaker Australian dollar and a
    822 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,039.90 (+4.45) GST INDEX FUTURES 3,038.00 (+5.00) GSIMSCI 346.85 (+0.42) HSIMSCI FUTURES 345.80 (-0.10) US$ S$ US$ (S$ per US$) 1.267 (US$/S$ per 1.661 2.105 EURO (US$/S$/€ 1.362 1.727 Foreign currency per US$ S$ YEN 102.10 80.60 RM 3.321 2.620 HK$ 7.757 6.120 BAHT 32.58 25.71 RUPIAH
      65 words
    • Article
      Lock icon MARKETS
      48 1 Thursday Change KL COMP 1,817.15 -8.49 NIKKEI 225 14,534.74 -265.32 HANG SENG 22,165.53 -120.26 SET INDEX 1,311.87 -2.19 JAKARTA COMP 4,491.66 -4.63 MANILA COMP 6,101.72 -10.59 SEOUL COMP 1,926.96 -8.88 SHENZHEN B 854.52 -1.87 MUMBAI IND 20,193.35 -255.14 11.15am EST Change DOW 15,969.18 +5.24 NASDAQ 4,215.94 +14.65
      48 words
    • Article
      Lock icon PRIME RATES
      18 1 SINGAPORE 5.38 MALAYSIA 6.55 TAIWAN 5.00 INDONESIA 14.777 TAIWAN 5.036 CANADA 1.475 KOREA 9.33 Source: Bloomberg
      18 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      68 1 PROPERTY Sharp drop in land allocation to firms: JTC PAGE 18 EXECUTIVE LIFESTYLE V-Day’s hokey hook-ups PAGE 27 SINGAPORE AIRSHOW 2014 Bombardier scouting for Asian locations page 21 CORPORATE RESULTS Roxy-Pacific posts record Q4 profit PAGE 4 PANERAI.COM HISTO RYan d HEROES RADIOMIR 1940 3 DAYS (REF. 514) AVAILABLE IN
      68 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      3 1 ***** 11 *****4
      3 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Focus on innovation, not just productivity
      736 2  -  Panellists say that preoccupation with raising productivity comes at expense of creativity BT BUDGET 2014 ROUNDTABLE By KELLY TAY kellytay@sph.com.sg [SINGAPORE] Companies shouldn’t chase productivity for productivity’s sake, but strive to create value through innovation instead, said participants at BT’s Budget Roundtable. This would
      PHOTO: KELLY TAY  -  736 words
    • Article
      Lock icon Better to deal with living costs directly than using tax tool
      427 2  -  Tax remedies not the best way to tackle widening income gap in Singapore By TEH SHI NING tshining@sph.com.sg [SINGAPORE] Changing the tax system is neither the only nor the best way to tackle social inequality. It may be more
      427 words
    • Article
      Lock icon S’pore’s tax system can be more transparent
      496 2  -  Tax consultant also calls for more liberal tax regime for SMEs By KELLY TAY kellytay@sph.com.sg [SINGAPORE] Singapore can afford to make its tax system more transparent, especially when it comes to incentives granted to corporations that invest here, said tax experts at BT’s
      496 words
    • Article
      Lock icon Recovery due to stimulus, not Abenomics: IMF official
      666 2  -  Wages, corporate investment haven’t improved, he says By ANTHONY ROWLEY in Tokyo THE success of Abenomics “is not yet assured” and Japan’s economic recovery since Prime Minister Shinzo Abe came to power just over a year ago largely reflects official “stimulus”, a
      666 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      270 2 SMEs start to push back at rising rents SINGAPORE’S small businesses are getting proactive about the mounting rent pressures. FRONT PAGE SingTel’s Q3 profit rises 5.5% to $872m SINGTEL has lowered its group consumer and enterprise revenue forecast for its full year. FRONT PAGE It’s stimulus, not Abenomics:
      270 words
    • Article
      Lock icon Optimal land use behind golf course decisions: economists
      740 3  -  Some SICC members see rumoured plan to turn one of its courses public as a populist move By ANDREA SOH sandrea@sph.com.sg [SINGAPORE] News that several golf clubs may have to lose or reconfigure their courses here have ruffled the feathers of some
      740 words
    • Article, Illustration
      Lock icon Anti-money laundering not always priority in Asia: poll
      841 3  -  But Asian banks face greater attention from regulators By SIOW LI SEN lisen@sph.com.sg [SINGAPORE] Anti-money laundering (AML) measures despite the rhetoric among Asian banks including those in Singapore are not always a priority issue, a survey has found. But Asian regulators are
      841 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      136 3 MM qO^ i c LQUn Received the "User's Choice "award at World Communication Awards 2013. Recognised as "Wholesale Operator of The Year' at Asia Communication Awards 2013. telecomasia AWARDS 2013 Recognised as "The Best Asian Telecom Carrier" and "Best Cloud-Based Service" at Telecom Asia Awards 2013. SEAMLESS CLOUD FOR THE
      136 words
Page thumbnail Page 4
  • COMPANY NEWS
    • Article, Illustration
      Lock icon Roxy eyes investment openings in 4 cities
      654 4  -  The group posts record net profits for fourth quarter and full year By KALPANA RASHIWALA kalpana@sph.com.sg FRESH from selling 14 of its 21 floors in a building in a prime retail location in Hong Kong’s Causeway Bay area this week, Roxy-Pacif-ic is now
      FILE PHOTO  -  654 words
    • Article
      Lock icon Keppel FELS secures US$650m rig job
      505 4  -  By LISA LEE lisalcc@sph.com.sg KEPPEL FELS has secured its second contract for the year with a US$650 million job to build three of its KFELS B class proprietary jack-up rigs for new customer Fecon International. Despite being a newcomer to the offshore drilling segment,
      505 words
    • Article
      Lock icon Parkson posts 2.8% rise in Q2 net
      410 4  -  By FELDA CHAY feldac@sph.com.sg DEPARTMENT store operator Parkson Retail Asia has recorded a 2.8 per cent rise in second-quarter net profit despite a fall in revenue and other income, as a decline in expenses helped to prop up the bottom line. The company
      410 words
    • Article
      Lock icon CapitaMalls Asia Q4 profit up 17.1%
      624 4  -  CEO says ballpark estimates suggest at least 20% growth in FY14 earnings By LYNETTE KHOO lynkhoo@sph.com.sg CAPITAMALLS Asia (CMA) yesterday posted a 17.1 per cent jump in net profit to $216.4 million for the fourth quarter ended Dec 31 on the back of strong
      624 words
    • Article
      Lock icon Utd Enviro Q3 profit up; Memstar Q2 earnings down
      351 4  -  By GRACE LEONG gleong@sph.com.sg WATER treatment company United Envirotech Ltd (UEL) has posted a one per cent drop in third quarter net profit to $8.4 million, even as revenue jumped 23 per cent to $64.3 million due to higher revenue from
      351 words
    • Article
      Lock icon LionGold reports $11.5m Q3 loss
      515 5  -  Fall into the red due largely to slump in other income to just $2m from $21.9m By ANDREA SOH sandrea@sph.com.sg LIONGOLD slipped into the red in the third quarter of its 2014 financial year, as a plunge in other income affected its bottom line. For
      515 words
    • Article
      Lock icon The Hour Glass posts 5% drop in Q3 net to $13.8m
      271 5  -  Economic uncertainty in region weighs on luxury goods demand By GRACE LEONG gleong@sph.com.sg LUXURY watch retailer The Hour Glass clocked in a 5 per cent drop in third-quar-ter net profit to $13.8 million, even as total revenue and other
      271 words
    • Article
      Lock icon ComfortDelGro profit gets boost from UK bus line
      399 5  -  Group’s UK bus business helps raise net profit 5.7% to beat estimates By KENNETH LIM kenlim@sph.com.sg A NEWLY acquired United Kingdom bus line helped ComfortDelGro Corp to grow 2013 net profit by 5.7 per cent to just beat estimates. The land transportation
      399 words
    • Article
      Lock icon Raffles Education Q2 profit up 20%
      347 7  -  Performance achieved despite 5% revenue fall By CARINE LEE carinel@sph.com.sg RAFFLES Education Corporation yesterday said its net profit for the fiscal second quarter ended Dec 31, 2013, rose 20 per cent year-on-year to $5.84 million despite a 5 per cent slip in revenue to
      347 words
    • Article
      Lock icon Heeton completes UK hotel purchase; eyes refurbishment
      213 7  -  By MINDY TAN tanmindy@sph.com.sg HEETON Holdings and Ryobi Kiso Holdings’ joint venture company Chatteris Developments have completed the purchase of the entire share capital of Woodley Hotels (Kensington) for £22.9 million (S$48 million). Woodley Hotels (Kensington) is the legal and beneficial owner of
      213 words
    • COMPANY BRIEFS
      • Article
        Lock icon 800 Super unit bags $97m NEA contract
        41 7 ENVIRONMENTAL services provider 800 Super Holdings’s subsidiary, 800 Super Waste Management, has received a $97.3 million contract from the National Environmental Agency to provide integrated public cleaning services for the north-west region of Singapore.
        41 words
      • Article
        Lock icon Vallianz earnings more than treble
        51 7 VALLIANZ Holdings, an integrated offshore marine solutions provider in the offshore oil and gas industry, saw profit attributable to owners for the full year ended December more than treble to US$7.5 million from US$2.4 million a year ago. Revenue jumped 73 per cent to US$20
        51 words
      • Article
        Lock icon ASL Marine’s Q2 profit dives 26%
        65 7 ASL Marine Holdings’s net profit for the second quarter ended December fell 26.4 per cent to $7.8 million from $10.6 million, even as revenue surged from $83 million to $190.4 million. The profit decline was mainly due to provisions and cost overruns in the
        65 words
      • Article
        Lock icon BRC Asia posts 6% profit rise in Q1
        40 7 BRC Asia’s net profit for the first quarter ended December rose 6 per cent from $8.1 million to $8.6 million, while revenue slipped 11 per cent from $111.63 million to $99.76 million.
        40 words
      • Article
        Lock icon Asiasons Capital expects 2013 loss
        37 7 ASIASONS Capital said it expects to report a loss for the full year ended December because of a net fair value loss recognised in respect of the group’s investments in financial assets.
        37 words
    • Article, Illustration
      Lock icon Ocean Sky crash: a lesson for SGX
      632 7  -  HOCK LOCK SIEW By R SIVANITHY sivan@sph.com.sg IF anyone wanted an example of a stockmarket incident that perfectly highlights the deficiencies in existing surveillance arrangements and one that is crying out for greater official scrutiny all rolled into one, they need look no
      Source: Bloomberg  -  632 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      185 4 Singapore Tallest Residential Building Exclusive 181 Units Seamless flow to Tanjong Pagar MRT Integrated Development Residential Apartments starts from 180 m, fantastic view 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 I m A I
      185 words
Page thumbnail Page 5
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI manages 6th straight rise – just
      661 6  - STI manages 6th straight rise just Late push, despite lower Tokyo, HK and Europe, sends index up 80 points for the period STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent THE Straits Times Index’s five-day rebound threatened to run out of puff yesterday but a late push saw it finishing at 3,039.9
      Source: Bloomberg  -  661 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 6 Feb 13 VALUE CLOSE BT OB/OS -344.00 -32.00 BT CADI -*****.00 -103.00 BT 10-day MA -*****.00 -35.00 FTSE ST Mid Cap 701.53 -0.05 FTSE ST Small Cap 524.60 -1.02 FTSE ST All Share 739.50 +0.71 FTSE ST China Top 194.73 -0.59 FTSE ST China 220.75 -1.00 FTSE
      77 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 5 3 0 0 0 6 5 3 Manufacturing 34 61 42 2 20 8 36 81 50 Commerce 13 28 17 4 10 3 17 38 20 Tpt/Stor/Comms 14 20 6
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Religare Health Trust
        370 6 Religare Feb 13 close: S$0.77 CIMB Research, Feb 13 NINE-MONTH FY3/14 DPU formed 77 per cent of our FY14 forecast. We factor in the updates on various project developments and a lower long-term exchange rate of 52 rupees (previously 51), lowering FY14-16 DPUs by 1-4 per cent.
        Source: Bloomberg  -  370 words
      • Article
        Lock icon Silverlake Axis
        156 6 Feb 13 close: S$0.90 Phillip Securities Research, Feb 13 WE continue to remain positive on Silverlake Axis (SAL) with excellent growth potential in our view. Management said SAL may potentially secure a major contract worth about RM300 million from RHB Bank to implement its core banking system soon.
        156 words
      • Article
        Lock icon King Wan Corp
        408 6  -  Compiled by KENNETH LIM King Corp Feb 13 close: S$0.28 DMG Partners Research, Feb 13 KWAN (King Wan) reported a breakeven Q3-FY14 largely due to accounting policy and slower-than-expected property sales at the associate level. We expect a strong margin rebound in Q4-FY14 and see little risk
        408 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 34,552 34,552 79,089 79,089 Manufacturing 383,012 150,342 533,354 150,117 4,806 154,923 Commerce 63,484 240,244 303,728 53,382 17,661 71,043 Tpt/Stor/Comms 94,278 1,950 96,228 169,595 157 169,751 Finance 27,101 85 27,186 136,214 27 136,241 Construction 43,718 124,990
      123 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 6 Stock name Close Change CapMallsAsia 1.740 +0.005 CapitaLand 2.900 CapitaMall 1.825 +0.005 CityDev 9.220 -0.060 ComfortDelGro 1.940 +0.015 DBS Grp 16.53 +0.120 GLP 2.760 -0.040 Genting SP 1.395 -0.005 Golden Agri 0.530 +0.005 HK Land 6.050 -0.040 HPH Trust US$ 0.665 +0.005 JMH 53.56 -0.440 JSH
      113 words
    • Article, Illustration
      Lock icon Rupiah at 2-mth high on narrower deficit
      566 6 CURRENCIES Reuters [SINGAPORE] The Indonesian rupiah yesterday hit its strongest in more than two months on bond inflows and expectations that the country’s cur-rent-account deficit will shrink this year, while most emerging Asian currencies slid. The rupiah rose as much as 1.0 per
      Reuters; PHOTO: BLOOMBERG  -  566 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 6 VOLUME Albedo 164,377,000 Ocean Sky 157,854,000 Transcu Grp 147,984,000 Charisma Energy 99,315,000 HanKore 77,085,000 KLW Hldgs 63,734,000 Vallianz Hldgs 38,063,000 Golden Agri 38,054,000 Cedar 34,912,000 Otto Marine 31,117,000 VALUE($) SingTel 96,773,240 DBS Grp 53,991,000 Keppel Corp 48,213,540 OCBC Bk 42,009,222 Wilmar 34,569,770 UOB 27,703,600 EzionHldg 26,989,260 Genting
      58 words
    • Article
      Lock icon RISES
      112 6 BY CENTS CLOSE UP DBXT MSKorea 10US$ 5983 214.2 2.9 DBXT iBoxxSing 5SG$ ***** 124.0 1.0 Lyxor Europe 10 US$ 1545 55.8 2.9 JSH 3248 52.0 1.3 DBXT MSTHAI 10US$ 1785 38.0 1.7 Pan Ocean 100 555 35.0 6.7 Lyxor EasternEurope1 520 27.9 4.4 Lyxor Asia 10US$ 474 19.0
      112 words
    • Article
      Lock icon FALLS
      127 6 BY CENTS CLOSE DOWN DBXT DBLCI-OY 5US$ 3387 -150.8 -3.4 DBXT MSJAP 10US$ 4463 -76.0 -1.3 DBS Bk 4.7% NCPS 100 ***** -75.0 -0.7 DBXT S&P Short 10US$ 2637 -60.8 -1.8 JMH 5356 -55.8 -0.8 SPDRS S&P 500 10US$ ***** -26.6 -0.1 DBXT FTChina25 10US$ 2775 -22.8 -0.6 SIA
      127 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
      5 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      219 7 Experience love in the air with these exclusive MasterCard* fares FIRST CLASS ALL-IN FARES from Frankfurt $6,243 Hong Kong $2,283 London Milan Munich Paris Rome Tokyo $6,583 $6,143 $6,223 $6,253 $6,153 $4,103 BUSINESS CLASS ALL-IN FARES from $3,943 $1,233 $4,283 $3,843 *3,923 *3,953 *3,853 *2,253 Bangkok Beijing BUSINESS CLASS ALL-IN
      219 words
Page thumbnail Page 8
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Anchorvale Crescent EC site draws keen interest
      645 8  -  12 bids submitted, showing developers’ confidence in EC market demand By MINDY TAN tanmindy@sph.com.sg DEVELOPERS’ confidence in executive condominiums (EC) remains strong, going by the latest tender for a site in Sengkang. The 99-year leasehold site at Anchorvale Crescent drew 12 bids at
      FILE PHOTO  -  645 words
    • Article, Illustration
      Lock icon Ireland seeks business synergies with S’pore
      521 8  -  By vikram@sph.com.sg VIKRAM KHANNA vikram@sph.com.sg AS it recovers from a major economic crisis, Ireland is seeking new opportunities beyond Europe and intends to use Singapore as a gateway to Asean markets, according to Irish Minister for Jobs, Enterprise and Innovation, Richard Bruton. In an
      PHOTO: ARTHUR LEE  -  521 words
    • Article
      Lock icon Auditors unable to fully verify AHPETC’s accounts
      397 8  -  By MINDY TAN tanmindy@sph.com.sg THE independent auditors engaged by the Aljunied-Hougang-Punggol East Town Council (AHPETC) have not been able to determine the completeness of the related party disclosures given that the town council has not made available to the auditors details of project
      397 words
    • Article
      Lock icon Fircroft opens Asia-Pac HQ
      293 8  -  By VIVIEN SHIAO vshiao@sph.com.sg TECHNICAL recruitment provider Fircroft officially opened its Asia-Pacific headquarters in Raffles Place yesterday. From this base, it will oversee and service more than 2,500 contract engineers in the energy and resources industries in Australia, Indonesia, Malaysia, Singapore, South Korea, Thailand and Vietnam.
      293 words
    • Article
      Lock icon S’pore Design Week to feature over 50 activities
      400 8  -  By TAY SUAN CHIANG By taysc@sph.com.sg THE inaugural Singapore Design Week will be chock-a-block with activities, with events lined up for everyone from members of the business community to the design fraternity and members of the public. Organised by the DesignSingapore Council
      400 words
    • Article
      Lock icon Brotzeit eyes Europe, America markets
      253 8  -  By CARINE LEE carinel@sph.com.sg HOME-GROWN German casual dining franchise Brotzeit International is expanding to the European and American markets, with a targeted 80 outlets to open globally by 2018. Brotzeit said yesterday that it was working closely with International Enterprise (IE) Singapore to explore options
      253 words
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      34 8 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 IUMPI facebook.com/kiss92fm SA @kiss92fm www.kiss92.sg
      34 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 2
      21 8 Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings WATS NOTICES CLA/FEB1 1/g
      21 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 3
      13 8 Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements CLA/FEBII/g
      13 words
Page thumbnail Page 9
  • MALAYSIA/INDONESIA
    • Article
      Lock icon M’sia draws RM38.8b in FDI last year
      405 9  -  FDI up almost 25% from 2012; all sectors show an increase: Miti By PAULINE NG in Kuala Lumpur MALAYSIA attracted RM38.8 billion (S$14.8 billion) in foreign direct investments (FDIs) last year, nearly a quarter more than in 2012, with all sectors of the
      405 words
    • Article, Illustration
      Lock icon Indonesian graft-busters poised to reel in ‘big fish’
      808 9 Agency expects spike in corruption with favours traded in run-up to polls Bloomberg [JAKARTA] Indonesia’s anti-cor-ruption agency has predicted an increase in graft in the run-up to elections this year, with its vice-chair-man anticipating the rise will land major cases on the
      Bloomberg; PHOTO: THE JAKARTA POST  -  808 words
    • Article, Illustration
      Lock icon M’sia cuts fiscal deficit to 3.9% of GDP
      555 9 Bloomberg [KUALA LUMPUR] Malaysia trimmed its fiscal deficit to 3.9 per cent of gross domestic product last year, after cutting government spending and state subsidies to avert a credit-rating downgrade. Prime Minister Najib Razak narrowed the shortfall from 4.5 per cent of
      Bloomberg; PHOTO: REUTERS  -  555 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      261 9 $10 MILLION Hong Bao Draw Draw on Fri, 14 Feb 2014 at 9.30pm For details, visit www.singaporepools.com.sg PLAV® Always play with care. responsibly! Do not bet illegally. RGB Reg No: *****0202G SINGAPORE E 1*— o o Open on 15th Feb 2014 from 11am to 6pm. TIIK CKO CHAIR COVERED IN
      261 words
Page thumbnail Page 10
  • GREATER CHINA/INDIA
    • Article
      Lock icon India inflation falls more than expected in Jan
      576 10 Industrial output also slows in Dec as central bank raises interest rates WP [NEW DELHI] India’s consumer price growth eased more than analysts estimated in January and factory output fell in December following an increase in interest rates as central bank governor
      WP  -  576 words
    • Article, Illustration
      Lock icon Lenovo’s Q3 net profit leaps 29%
      418 10 Major PC maker diversifies, lifts smartphone sales Reuters [BEIJING] China’s Lenovo Group Ltd said third-quar-ter profit jumped nearly a third, beating estimates, as the world’s biggest maker of personal computers hoisted sales of smartphones in its drive to diversify out of the shrinking PC
      Reuters; PHOTO: BLOOMBERG  -  418 words
    • Article
      Lock icon Smog renders Beijing ‘barely suitable’ for life
      288 10 Reuters [SHANGHAI] Severe pollution in Beijing has made the Chinese capital “barely suitable” for living, according to an official Chinese report, as the world’s sec-ond-largest economy tries to reduce often hazardous levels of smog caused by decades of rapid growth. Pollution is a
      Reuters  -  288 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      271 10 M STPROPERTY SEMINAR iJ PkOPBkTW kic~r outlook *2014 YEAR OF THE HORSE How will the Singapore property market fare with the "unspoken expectation" of the US QE tapering? Would this affect the economy and property market in Singapore? How will the global property markets fare in 2014 with the inevitable
      271 words
Page thumbnail Page 11
  • WORLD
    • Article
      Lock icon Australia’s jobless rate hits decade high of 6%
      515 11 Employment in Jan drops 3,700; this follows Dec’s sharp 23,000 slump Reuters [SYDNEY] Australia’s jobless rate unexpectedly jumped to a decade high in January, intensifying concerns about the future of the manufacturing sector as global carmakers prepare to pull out. The Australian
      Reuters  -  515 words
    • Article
      Lock icon EU gets relief from US swap rules, until March 24
      343 11 Bloomberg [WASHINGTON] European swap-trading platforms won a reprieve from Dodd-Frank Act rules in a regulatory deal that puts US and European authorities on a path towards sharing oversight of most of the US$693 trillion global market. The US Commodity Futures
      Bloomberg  -  343 words
    • Article
      Lock icon BOE drops rate rise peg to jobs data
      335 11 Higher interest rates still some way off, says governor NYT [LONDON] The Bank of England on Wednesday abandoned its six-month-old strategy of pledging to consider raising interest rates only when unemployment falls to 7 per cent, saying it would now take a
      NYT  -  335 words
    • Article, Illustration
      Lock icon Sweden to force boards to have more women
      278 11 Bloomberg [STOCKHOLM] Sweden may consider forcing corporate boards to appoint more women after finding voluntary programmes failed to bring about greater gender equality. Companies must “much more carefully take a look at recruitments to boards this spring and at the annual general
      Bloomberg  -  278 words
    • Article
      Lock icon Kospi forecasts pared as Q4 profits disappoint
      531 12 74% of the firms in the index fall short of analyst projections; against 52% over past seven years Bloomberg [SEOUL] Stock strategists are cutting forecasts for gains in South Korea amid the most widespread profit disappointments in seven years. Samsung Electronics and Posco
      Bloomberg  -  531 words
    • Article
      Lock icon Apple planning new TV box amid Time Warner Cable talks
      438 12 Bloomberg [SAN FRANCISCO] Apple Inc is planning to introduce a new Apple TV set-top box and is negotiating with Time Warner Cable Inc and other potential partners to add video content, according to people with knowledge of the matter. Apple
      Bloomberg  -  438 words
    • Article, Illustration
      Lock icon BOE sees no long-term harm from UK floods
      687 12 Short-term outlook for economy may be hit, says Carney AFP Reuters Xinhua [LONDON] Floods in parts of Britain will affect the short-term outlook for the country’s economy but will not have an impact on monetary policy decisions, says the head of the
      AFP; Reuters; Xinhua  -  687 words
    • Article
      Lock icon Comcast to buy Time Warner Cable for US$45b
      605 14 Attempt to merge the two largest US cable operators would face close regulator scrutiny Reuters [NEW YORK] Comcast Corp said yesterday it would buy Time Warner Cable Inc for US$45.2 billion in an all-stock deal that combines the two largest US cable
      Reuters  -  605 words
    • Article, Illustration
      Lock icon Rio Tinto ups dividend after H2 earnings climb 43%
      630 14 Underlying profit rises to US$6b from US$4.2b a year ago Bloomberg [LONDON] Rio Tinto Group, the world’s second-largest mining company, bolstered its dividend after reporting a 43 per cent gain in sec-ond-half profit as prices for iron ore advanced and it
      Bloomberg; PHOTO: BLOOMBERG  -  630 words
    • BRIEFING
      • Article
        Lock icon Cold weather depresses US retail sales in Dec
        97 14 Bloomberg [WASHINGTON] Retail sales in the US declined in January by the most in 10 months as inclement weather kept some consumers away from auto showrooms and stores. The 0.4 per cent decrease followed a revised 0.1 per cent drop in December
        Bloomberg  -  97 words
      • Article
        Lock icon Cisco Systems forecasts 6-8% revenue fall
        114 14 Reuters [SAN FRANCISCO] Cisco Systems has forecast a 6 to 8 per cent revenue slide this quarter, underlining the network gear maker’s struggle to rekindle demand in emerging markets like China even as hardware spending globally sags. The gloomy outlook marks another severe decline
        Reuters  -  114 words
      • Article
        Lock icon OECD unveils financial data exchange standards
        125 14 AFP [PARIS] The Organisation for Economic Cooperation and Development yesterday unveiled a global standard for the automatic exchange of financial data between countries amid an intensifying international effort to crack down on tax evasion. Developed in cooperation with the Group of 20 gathering of
        AFP  -  125 words
      • Article
        Lock icon Italian PM may quit after row over pace of reforms
        100 14 Reuters [ROME] Italian Prime Minister Enrico Letta is facing a showdown with his own centre-left party that could lead to his resignation and the appointment of Democratic Party leader Matteo Renzi as head of a new government within days. Mr
        Reuters  -  100 words
      • Article
        Lock icon Ice storm disrupts life in US East Coast
        99 14 Reuters [NEW YORK] A deadly and intensifying winter storm packing heavy snow, sleet and rain pelted a huge swath of the US East Coast yesterday, grounding flights and shuttering schools and government offices. Winter storm warnings and advisories were in place from
        Reuters  -  99 words
      • Article
        Lock icon Obama to visit Japan and Malaysia in April
        109 14 AFP [WASHINGTON] US President Barack Obama will seek to ease questions over the staying power of his strategic shift to increasingly tense East Asia with stops in Japan, Malaysia, the Philippines and South Korea in April. Mr Obama’s visits to Manila and
        AFP  -  109 words
      • Article
        Lock icon Eurozone deflation threat bigger than ECB claims
        108 14 Reuters [BANGALORE] The threat of deflation across the eurozone is more serious than the European Central Bank claims, as austerity imposed on peripheral economies is already pushing prices lower, a Reuters poll of forecasters found. The ECB has played down the possibility of
        Reuters  -  108 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      25 11 THE STRAITS TIMES :;A 3 SG’s Yummiest Food News Reviews ft ■r.n Available on the B AppStore Download app, register collect points to redeern goodies
      25 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      163 12 SME 101: MARKETING BOOTCAMP Marketing strategies for SMEs using video, social media and mobile phones ONLINE REGISTRATION ONLY Tickets can only be purchased via our online registration page using credit cards. REGISTER HERE: www.stjobs.sg/bootcamp 27 28 MARCH 2014 For enquiries, please email customercare@stjobs.sg or call 1800 6978 701 during office
      163 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      4003 13 katc notices 1 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF 818 PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) (Co. Reg. No: *****6079Z) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 7 Temasek
      4,003 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      230 13 GSH CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****6139K) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of GSH CORPORATION LIMITED (the “Company”) will be held at GSH Centre, 11 Changi North Way, Singapore *****6 on 3 March 2014 at
      230 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      1616 14 BEATS NOTICES TriTech TRITECH GROUP LIMITED (Company Registration No. *****9330R) (Incorporated in the Republic of Singapore on 13 May 2008) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting (“EGM”) of Tritech Group Limited (the "Company") will be held at 3f Changi South Avenue 2,
      1,616 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      292 15 <\N THE STRAITS TIMES WHEREVER YOU ARE LIFE'S A REWARD a WHEN YOU SUBSCRIBE TO US GET THESE EXCITING GIFTS WHEN YOU SUBSCRIBE TO THE STRAITS TIMES! ALL-IN-ONE PRINT ONLINE TABLET SMARTPHONE Select a Plan and Pick Your Gift FULLY REDEEMED .-S v ijj 53 g, E5 v i nexusio
      292 words
Page thumbnail Page 16
  • EDITORIAL & OPINION
    • Article
      Lock icon More changes ahead in the wealth business
      530 16 EDITORIAL SINGAPORE’S wealth management industry is making its mark globally; a number of studies predict it could overtake European centres as an offshore hub in the near future. It has quite a few features in its favour: strong regulation, well capitalised banks and
      530 words
    • Article
      Lock icon Bitcoin’s independence from govts not a good idea
      849 16  -  THE BOTTOM LINE By EDWARD HADAS The writer is economics editor at Reuters Breakingviews REUTERS BREAKINGVIEWS I CANNOT judge whether bitcoin represents a technological breakthrough, but I am confident that the pseudo-cur-rency’s popularity shows widespread economic amnesia. If bitcoin ever became a
      REUTERS BREAKINGVIEWS  -  849 words
    • Article, Illustration
      Lock icon Investing in Brazilian social housing
      1204 16 Brazilian real estate firm EcoHouse has offered for sale to Singaporeans properties in Brazilian social housing projects. EcoHouse answers BT’s questions about these projects QUESTION: What is social housing in Brazil? Answer: It is the Brazilian equivalent of Singapore’s HDB (Housing and Development Board) housing.
      FILE PHOTO  -  1,204 words
    • Article, Illustration
      Lock icon The rise and rise of Chinese banks
      1192 17  -  Their increasing global presence will lead to a rise in renminbi’s use as well as help bridge infrastructure funding gap ANTHONY ROWLEY Tokyo Correspondent AS someone who has watched China “emerge” since I first visited there 35 years ago as business editor of
      PHOTO: BLOOMBERG  -  1,192 words
    • Article
      Lock icon More taxation certainty, please
      852 17  -  By RUSSELL AUBREY AW HWEE LENG The writers are partner, international and transaction tax, and director, international tax, at EY in Singapore. The views are their own. SINGAPORE has a relatively straightforward and competitive tax regime. But can more be done to sharpen this edge? Tax-friendly
      852 words
    • Article
      Lock icon An Olympic lesson about well-being
      782 17  -  By CASS R SUNSTEIN The writer, a Robert Walmsley University professor at Harvard Law School, is a Bloomberg View columnist. He is a former administrator of the White House Office of Information and Regulatory Affairs Bloomberg IMAGINE that for most of your life, you have
      Bloomberg  -  782 words
Page thumbnail Page 17
Page thumbnail Page 18
  • PROPERTY
    • Article
      Lock icon Demand for JTC land, space down sharply
      474 18  -  Net allocation of PIL falls 61% while that of RBF swings into negative territory By JACQUELYN CHEOK jaccheok@sph.com.sg INDUSTRIAL landlord and developer JTC yesterday reported that net allocation of prepared industrial land (PIL) and ready-built facilities (RBF) declined sharply in 2013 from a
      474 words
    • Article, Illustration
      Lock icon Business boom for Japan’s ‘love hotels’
      914 18 AFP [TOKYO] From rooms kitted out like medical clinics where couples can play “doctors and nurses” to grottos where it is permanently Christmas, Japan’s “love hotels” cater to almost every taste, offering a few hours of reasonably priced privacy in a crowded country. And
      AFP; PHOTO: AFP  -  914 words
    • Article
      Lock icon Shortage seen boosting UK house price gains
      317 18 Bloomberg [LONDON] UK house price growth eased in January, according to an index by the Royal Institution of Chartered Surveyors (RICS), which said in a statement that a shortage of properties for sale will continue to support values. A gauge declined to 53
      Bloomberg  -  317 words
    • Article, Illustration
      Lock icon Top Australian developer to double debt
      635 20 Meriton wants to harness record low interest rates for land acquisitions Bloomberg [SYDNEY] Meriton Pty, Australia’s biggest apartment developer, plans to double its debt this year from about A$300 million (S$340.8 million) to buy land amid record low interest rates and soaring demand for
      Bloomberg; PHOTO: BLOOMBERG  -  635 words
    • Article, Illustration
      Lock icon China property tycoon now eyes Norway
      548 20 Bloomberg [SHANGHAI] Chinese property tycoon Huang Nubo, whose planned US$200 million resort and mountain park in Iceland has been blocked because of foreign investment laws, is turning his attention to Norway. Mr Huang, who is chairman of Beijing Zhongkun Investment Group Co, said the
      Bloomberg; PHOTO: BLOOMBERG  -  548 words
    • Article
      Lock icon SJM to spend HK$30b on Macau casino resort due to higher costs
      469 20 Bloomberg [HONG KONG] SJM Holdings Ltd, Asia’s biggest casino operator, will spend HK$30 billion (S$4.9 billion) to build its first resort in Macau’s Cotai area, HK$5 billion more than planned because of higher construction and labour costs. SJM
      Bloomberg  -  469 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      416 18 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D04 HOUSE FOR SALE OCEAN DRIVE Seafront living Bunglw. A&A 2012 Worth $5.6m 2sty+ basement, 5 bdrm+ dining+ 2 maid rms gym, pool. Land 9580/ *****sf. Ronald *****055 D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa 3½-Storey 8159 sqft,6+1 ensuite, 2 living, Pool,
      416 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 2
      101 18 D26 HOUSE FOR SALE LENTOR Freehold Corner Semi-D 2 sty. Approx 4961/ 2900 sqft. No noon sun. Original. Huge pte gdn. Squarish layout!! Mins walk to MRT. Valerie *****887 ERA D27 HOUSE FOR SALE ANDREW TERRACE 4 storey Corner Terrace pool 2420 4300 sqft 6 rooms. Private lift. Wide frontage.
      101 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      253 19 D01 APARTMENT FOR SALE ONE SHENTON Super Penthouse 5+1 rm. One Shenton 9138 sf. High-End Living. Rent $45K Sell $25m. Pte Pool. Owner 9759 9391 D05 APARTMENT FOR SALE BOTANNIA Rarely available! Penthouse 2637 sqft. 4 bdrms. Spectacular view. Renovated with roof terrace. Selling below value! Don’t miss! Call now!
      253 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 2
      242 19 D10 APARTMENT FOR SALE HALLMARK RESIDENCES Hallmark Residences. Further 10% off. 1km to ACS SCGS. 2-rm 969 sqft From $1.82M 3-rm 1432 sgft From $2.7M 4-rm 1862 sqft From $3.4M D10 APARTMENT FOR SALE ST. REGIS RESIDENCES Penthouse, selling with tenancy. Size 6684 sqft, 4+1 bdrms. $20m. Ribkah, *****382. D15
      242 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 3
      266 19 D15 HOUSE FOR RENT 80B MEYER ROAD Cluster bunglw. Built-in 6500 sqft. 2-sty attic basement pool. Available immed. $17.5K. Also for sale. Owner 9863 5635 9727 2996 D16 HOUSE FOR RENT 3A JALAN NIPAH Newly rebuilt semi-d, 3600/5300sf 2sty +attic, 5+1 swimming pool, partial furn, Immediate $14.5k Also for sale.
      266 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 4
      255 19 D16 APARTMENT FOR RENT CASA MERAH Casa Merah, 4-bedrooms, Mid flr, partial furnished, stone throw away to MRT. Full facilities, Available immed. $4500 nett. Cassandra Lim 8268 4757 D22 APARTMENT FOR RENT CASPIAN 3-bdrms 1001 1238 sf/2-bdrms 872 893 sf/ 1bdrm 463 sf/ Lakeshore 2-bdrms 940 sf. Near Lakeside MRT,
      255 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 5
      243 19 FOREIGN PROPERTY FOR SALE MONTIGO SPA VILLA IN INDONESIA Must sell! Private owner, best 35 mins ferry. Pool,3420sf $625K. 5% yield. *****392 D01 OFFICE FOR RENT SUNTEC TOWER 1 2300 sqft, low floor, can be sub-divided, available immediate, near MRT. Ask $7.50psf negotiable. George 9628 1628 DTZ D04 SHOP FOR
      243 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      471 20 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WATS' HexacubeO A Freehold Commercial Development in the East with a wide range of Retail outlets, F&B as well as Office hub. Minutes from the bustling Paya Lebar Central. Come and feel the buzz be part of the experience... Huttons realestalegroup Huttons
      471 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 2
      68 20 Agents Welcome Call/SMS Email to Owner 98 635 635 9727 2996 GOLDEN WALL CENTRE (Ground Floor, Opp Rochor MRT Station] Suitable for Retail, F&B, Banking and Supermarket 6566sqft. Asking:$10 psf Call Steven 8198 8046 LAUNCH^ OfaiigeTec. atNo.2 Venture Drive AgyLie*****50K/CEAlie: R*****0B JJqj. SSllC Rare 99 yrs, strata office space/ medical
      68 words
Page thumbnail Page 21
  • AVIATION
    • Article, Illustration
      Lock icon Bombardier scouting for Asian locations
      431 21  -  It wants to set up parts and logistics facilities to tap region’s potential SINGAPORE AIRSHOW 2014 By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] Canadian plane maker Bombardier is scouring the region for potential sites for new facilities to cater to existing backlog and future aircraft orders. “We
      PHOTO: YEN MENG JIIN  -  431 words
    • Article, Illustration
      Lock icon Embraer gets firm order for 50 E-Jets E2s
      337 21  -  By RAPHAEL LIM raphlim@sph.com.sg [SINGAPORE] Indian start-up airline Air Costa has placed a firm order for 50 E-Jets E2s from Brazilian planemaker Embraer, in a deal valued at US$2.94 billion, the companies said at the Singapore Airshow yesterday. The order for the
      PHOTO: YEN MENG JIIN  -  337 words
    • Article
      Lock icon Israeli firm to set up cyber security centre
      231 21  -  80% of workforce at R&D unit will be S’poreans, says CEO By SHEENA TAN tsheena@sph.com.sg [SINGAPORE] Aerospace technology developer Israeli Aircraft Industries (IAI) will set up an early warning cyber security research and development (R&D) centre in Singapore under its subsidiary Custodio.
      231 words
    • Article
      Lock icon TRANSPORT STOCKS
      243 21 SGX '000 Feb 13 S$ +/-Vol Ch Offshore '000 Chuan Hup Hldg 0.26 -0.01 24 s$ Cwt Limited 1.27 -0.01 4378 Vol First Ship Lea unch unch 0 Grand Banks..............0.22 unch 50 Jaya Hold Ltd 0.77 0.01 1928 K1Ventures................0.18 unch 618 Keppel Corp 10.39 -0.14 4606 Mercator Lines
      243 words
    • Article
      Lock icon Gulfstream expects better demand from Asia, US
      374 21  -  By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] Executive jet manufacturer Gulfstream, which will deliver more aircraft this year, is upbeat on the year ahead as companies in the region increasingly leverage on private jets to grow their business. In emerging markets, companies are using business
      374 words
    • Article, Illustration
      Lock icon Bell to boost commercial copter biz
      383 21  -  By RAPHAEL LIM By raphlim@sph.com.sg [SINGAPORE] Bell Helicopters will look to grow its commercial helicopter business further to make up for lower military spending, says CEO John Garrison. In an interview with BT yesterday, Mr Garrison said future production of military aircraft such as
      383 words
    • Article
      Lock icon Air traffic research centre coming
      218 21  -  By SHEENA TAN tsheena@sph.com.sg [SINGAPORE] An agreement was signed yesterday to set up in Singapore an air traffic management (ATM) research and development (R&D) centre for the Asia-Pacific. The signatories of the Statement of Intent are the Civil Aviation Authority of Singapore and The MITRE
      218 words
    • SHORT HOPS
      • Article
        Lock icon Tigerair gets IAE designation
        47 21 IAE International Aero Engines has awarded Tigerair the Pure-V designation for V2500 engines used in its aircraft. A Pure-V designated engine contains iAE-approved parts. Separately, Nepal Airlines Corporation inked an order with IAE for V2500-A5 SelectOne engines to power two new A320ceo aircraft.
        47 words
      • Article
        Lock icon Pratt & Whitney signs 3-year deal with PIA
        31 21 Pratt Whitney signs 3-year deal with PIA PRATT Whitney has signed an exclusive, three-year engine management programme agreement with Pakistan International Airlines to maintain its fleet of 12 PW4152 installed engines.
        31 words
      • Article
        Lock icon ExecuJet plans office in Singapore
        32 21 AVIATION services provider ExecuJet Aviation Group plans to set up an office in Singapore to boost its aircraft management efforts, said Graeme Duckworth, ExecuJet Asia’s managing director.
        32 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      26 21 GIVING IS GROWING MoreIndian companiesare takingthe philanthropicroute BONDING THROUGH CHINGAY GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
      26 words
Page thumbnail Page 22
  • Article
    Lock icon Shipping Times
    2221 22 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
    2,221 words
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      132 22 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
      132 words
    • Advertisement
      Lock icon Page 22 Advertisements Column 2
      123 22 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,
      123 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      121 23 mporters coking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? TO ADVERTISE. CALL JOE WONG AT 9620 1327 Announce Your Corporate Development
      121 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 2
      18 23 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
      18 words
Page thumbnail Page 24
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3024 24 Transaction date: Feb 13 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 14 11.5 8Telecom Day Last Quote Div Gr Yld Net M Cap 188 106 AIMSAMPIReit 140 -0.5 299 141
      3,024 words
    • Article
      Lock icon SGX CATALIST
      276 25 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 21 t 3Cnergy 500 Vol Day 2.4 1 t Advanced System 1 unch 2160 1 1 0.9 1 17.6 Div Gr Yld Net
      276 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11357 25 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FuncTCI A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** Asian Local Ccy SD Bond Aberdeen Asset Mgt Asia Limited Asian Local Ccy SD Bond Global Emerging Markets!** China Opportunities' EM local Ccy Bond 2 7022/ .0.8713/
      11,357 words
    • Article
      Lock icon GLOBALQUOTE
      262 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 61 34.4 AVJennings A57 +0.5 5 57 57 57.5 58 3.6 6.1 4.6 211 52 35.5 Genting HK US$ US41.5 +1 ***** 42 40 41.5 42 2732.6
      262 words
    • Article
      Lock icon SGX ETF
      892 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 121 108.3 ABF SG Bond ETF 114 +2 6 114 114 113 114 520.4 143 119 CIMB APAC Div 100S$D 122 120 114.4 94 CIMB APAC
      892 words
Page thumbnail Page 25
Page thumbnail Page 26
  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      702 26 Feb 13 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.84 *****.62 *****.32 Mar14 *****.00 *****.00 *****.00 *****.00 ***** *****2 Jun14 *****.00 *****.00 *****.00 *****.00 211 3468 MSCI TAIWAN INDEX FUTURES SPOT 297.83 298.09 296.64 Feb14 298.00 300.30 296.40 296.40 ***** *****5 Mar14 297.50
      702 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 26 In local curr In S$ In US$ dy yr dy yr dy yr Feb 12 Index Change Change Change Change Change Change World Preliminary 1168.3 0.2 -1.4 0.1 -1.2 0.1 -1.5 EAFE Preliminary 943.1 0.6 -1.4 0.3 -1.0 0.4 -1.3 Europe Preliminary 1360.4 0.3 0.4
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      476 26 Feb 13 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.984 5.430 0.657 6.945 55.718 107.263 0.915 9.547 2.973 1.076 93.927 40.174 1.135 9.891 0.803 27.183 29.171 0.539 0.895 Canada 1.016 5.519
      476 words
    • Article
      Lock icon SIBOR
      34 26 Feb 13 (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.***** 3 mths Source: Thomson Reuters
      34 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      91 26 Feb 13 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 0.32 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.59 101.66 101.66 5-Year NX*****W 2.5 01-Jun-19 105.68 105.80 105.72
      91 words
    • Article
      Lock icon PRECIOUS METALS
      139 26 Feb 13 GOLD(US$/oz) Feb 13 Feb 12 Hong Kong 1293.00 1290.00 Feb 12 Feb 11 London 1292.44 1289.46 1293.66 1290.23 Source: Thomson Reuters Source: Thomson Reuters CAST BAR Feb 13 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 118 52 5gm 335 262
      139 words
    • Article
      Lock icon PALM OIL
      57 26 Feb 13 Feb 13 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 14 2628.0 554 Mar 14 2633.0 2631.0 2655.0 2633.0 1632 ***** Apr 14 2639.0 2635.0 2664.0 2636.0 ***** ***** May 14 2632.0 2630.0 2659.0 2631.0
      57 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 26 Feb 13 US$ Source: OCBC Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1344 1.1352 0.8951 0.8956 Canadian dollar 1.1531 1.1536 0.9102 0.9098 Euro 1.7266 1.7270 1.3623 1.3625 NZ dollar 1.0542 1.0548 0.8318 0.8322 Sterling pound 2.1044
      156 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 26 As at 9am Feb 13 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.169 1.114 Can dollar 1.172 1.127 Euro 1.761 1.678 Sterling pound 2.141 2.059 NZ dollar 1.078 1.037 US dollar 1.292 1.231 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      157 26 Feb 13 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.03 US$ 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
      157 words
    • Article
      Lock icon CHICAGO BOT
      109 26 Feb 12 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 14 1323.00 1334.75 1340.00 1322.00 May 14 1309.75 1320.50 1325.00 1307.25 Jul 14 1292.25 1301.75 1306.50 1289.00 Aug 14 1246.00 1254.00 1257.00 1243.25 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 14
      109 words
    • Article
      Lock icon LIFFE
      94 26 Feb 12 COCOA (£/tonne) Close Prev High Low Mar 14 1871 1861 1879 1862 May 14 1867 1854 1871 1855 Jul 14 1859 1847 1864 1849 Sep 14 1850 1838 1854 1840 COFFEE(US$/tonne) Close Prev High Low Mar 14 1822 1813 1829 1802 May 14 1818 1810 1825 1799
      94 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1207 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 40 0.0 5 -86 53 Asia-Pacific Strategic W*****6 0.2 1 123 238 182.50 3 Acma Ltd W*****7 Exer Price Ascendas Reit MB ECW*****3 Disc Ascendas Reit MB eCW*****1
      1,207 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 26 CRUDE OIL PRODUCTS Feb 12 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.60 0.03 WTI (Near Mth) 100.25 0.35 Dubai (1-Mth F) 105.26 0.21 Tapis blend 115.40 -0.79 Minas 108.40 -0.79 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 101.50 -0.06 Jet Kerosene 123.22 -0.11 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 26 Feb 13 S$ Bid Offer 1-month 1.2674 1.2675 2-months 1.2673 1.2675 3-months 1.2673 1.2674 6-months 1.2670 1.2672 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      65 26 Feb-12 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1692.50 1663.60 3 months 1735.00 1707.00 Copper, Grade A(US$/tonne) Cash 7198.00 7107.75 3 months 7155.00 7076.00 Lead(US$/tonne) Cash 2100.75 2091.75 3 months 2120.00 2112.00 Nickel (US$/tonne) Cash *****.50 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
      65 words
Page thumbnail Page 27
  • executive lifestyle
    • Article, Illustration
      Lock icon Diplomatic take on Goh Mei Valentine
      767 27  -  OFFTHE CUFF Jaime Ee jaime@sph.com.sg SO Cupid and the God of Fortune got into a diplomatic spat over the latter’s plan to rename Feb 14 “Goh Mei Valentine”. “As in ‘gourmet’ Valentine, since Chap Goh Mei is all about feasting, geddit?” gushed the God
      767 words
    • Article, Illustration
      Lock icon V-Day’s hokey hook-ups
      948 27  -  BT pairs up recent newsmakers for imaginary Valentine’s Day dates. DYLAN TAN plays matchmaker DYLAN TAN happening.dylantan@sph.com.sg Love can get so viral He: Anton Casey, British expat who fled Singapore after his Facebook posts about poor people on stinky trains went viral She: Steph Koh, the Singaporean-bashing
      PHOTO-ILLUSTRATION: HYRIE RAHMAT  -  948 words
    • CINEMA
      • Article, Illustration
        Lock icon Braving fire and brimstone
        583 28  -  An unwed mother moves mountains to unite with her lost son, writesGEOFFREY GEOFFREY EU IT may be mere coincidence, of course, but the Catholic faith seems to be fertile ground to some people for human-inter-est stories that have little to do with religion and everything to
        583 words
      • Article, Illustration
        Lock icon Cinematic Winter of discontent
        535 28  -  VALENTINE’S DAY MOVIES ROUND-UP By GEOFFREY EU A MOVIE filled with Big Ideas true love, religious symbolism, good versus evil, transcending the space-time continuum and so on inevitably sets itself up for the possibility of a Big Fall. Unfortunately for Winter’s Tale, a passion project from
        PHOTO: GV PICTURES  -  535 words
      • Article, Illustration
        Lock icon When womanisers fall truly, madly, deeply in love
        499 28  -  By helmi@sph.com.sg HELMI YUSOF helmi@sph.com.sg THERE was a time when actresses took centre stage in romantic comedies think Julia Roberts, Meg Ryan, Sandra Bullock, Drew Barrymore, Katherine Heigl, Kate Hudson, and so on. It makes commercial sense, since the rom-com audience is
        PHOTO: CATHAY-KERIS FILMS  -  499 words
      • Article, Illustration
        Lock icon Too saccharine to be true
        444 28  -  By HELMI YUSOF helmi@sph.com.sg ONE would have to be very young and naive or plain insane to think that by studying someone’s Facebook likes and dislikes, one could somehow hew, hammer and hone one’s personality into becoming the very thing that someone is searching for.
        PHOTO: CATHAY-KERIS FILMS  -  444 words
      • Article, Illustration
        Lock icon Mills & Boon redux
        559 28  - Mills Boon redux By DYLAN TAN dylantan@sph.com.sg FRANCO Zeffirelli’s original Endless Love movie from 1981 was notable for a couple of things the sappy late-night duet by Lionel Ritchie and Diana Ross; and Tom Cruise and James Spader appearing in supporting roles early in their Hollywood careers. Pre-Internet era, the
        PHOTO: UIP  -  559 words
    • ARTS
      • Article, Illustration
        Lock icon Pitch-perfect staging of My Fair Lady
        811 29  -  One of the finest plays in the world heads here, writesRACHEL RACHEL LOI rachloi@sph.com.sg EVERYONE loves a good classic tale of riches to rags, where Cinderella meets her prince and suddenly turns into a princess. And that’s what you get to see with the
        PHOTOS: BASE ENTERTAINMENT  -  811 words
      • Article, Illustration
        Lock icon A return to slow, patient, epic storytelling
        456 29  -  By HELMI YUSOF helmi@sph.com.sg REMEMBER the theories of dreaming in that dazzling Christopher Nolan film Inception? One minute of dreamtime is the equivalent of 20 minutes in real life. So if you take 20 minutes to eat a steak, you’d take just one
        PHOTO: ESPLANADE  -  456 words
      • Article, Illustration
        Lock icon Rousing clash of social classes
        453 29  -  By RACHEL LOI rachloi@sph.com.sg Recite your vowels, a-e-i-o-u. That line is repeated over and over again to audiences during the three-hour production of the American hit musical My Fair Lady. But don't worry, it’s not an English lesson of any sort, despite the presence of
        453 words
      • Article, Illustration
        Lock icon Comedy, down to a fine ‘Art’
        583 29  -  By HELMI YUSOF helmi@sph.com.sg JUST under two years old, Mandarin theatre company Nine Years Theatre is on a roll translating and staging classic works such as Edward Albee’s Who’s Afraid Of Virginia Woolf? and Reginald Rose’s 12 Angry Men to spectacular success. Its latest
        PHOTO: ESPLANADE  -  583 words
      • Article, Illustration
        Lock icon Martial arts melds with dance
        590 30  -  Indonesian silat and Japanese jujitsu take centre stage in dance, writesCHEAH CHEAH UI-HOON uihoon@sph.com.sg THE beautiful forms, speed and creativity in Indonesian martial arts so fascinated Akiko Kitamura, an award-winning Japanese dancer/choreographer, that she spent several months learning them. Subsequently, she fused what she learnt
        PHOTOS: NUS ARTSFEST  -  590 words
      • Article
        Lock icon Focus on original creation in NUS arts festival
        331 30  -  CHEAH UI-HOON THE National University of Singapore’s Arts Fest tends to be overlooked in light of other festivals organised by theatre companies, in more accessible locations downtown. But if there’s one platform to tal-ent-spot, this is it. With 90 per cent of
        331 words
      • Article, Illustration
        Lock icon Powered by sustainability
        757 30  -  By RACHEL LOI rachloi@sph.com.sg IT’S odd that an art festival that’s all about light would be worried about saving electricity, but sustainability is one of the themes of next month’s i Light Marina Bay 2014 next month. The three-week long night festival, organised by the Urban Redevelopment
        757 words
      • Article, Illustration
        Lock icon Father of Indonesian modernism
        889 30  -  By CHEAH UI-HOON uihoon@sph.com.sg AT a time when Dutch artists were reproducing the romantic and lush landscapes of Indonesia on their canvas, one Indonesian artist was painting the average Indonesian living his life. Despite its uncharacteristic subject, artist S Sudjojono’s painting Kinderen met Cat (Children with
        PHOTOS: S SUDJOJONO, FAREEZ AHMAD  -  889 words
    • PURSUITS
      • Article, Illustration
        Lock icon Winning wines of 2010 and 2011
        1381 31  -  The Burgundy tastings at Paulee de Singapore 2014 showed two stellar vintages, writes NK YONG NK YONG THE trio of Burgundy vintages 2009, 2010 and 2011 are reminiscent of the Bordeaux trio of 1988, 1989 and 1990. I chose vintages 2010 and 2011 for
        PHOTOS: FILE, NK YONG  -  1,381 words
      • Around Town
        • Article
          Lock icon Stage
          346 31 Shen Nu (The Goddess) A Silent Film Concert:Instead of buying tickets to another noisy Hollywood 3D blockbuster, why not watch a silent film from China’s cinematic golden age for a change? As part of the 2014 Chinese Festival of Arts, the Esplanade is presenting a notable classic, The Goddess,
          346 words
        • Article, Illustration
          Lock icon Pick of the Week
          246 31 SINGAPORE Biennale 2013 Closing Party If you have been meaning to check out the Singapore Biennale 2013 but haven’t gotten around to it yet, then here’s your last chance to view some edgy works at this international contemporary art exhibition. The closing party marking the end
          PHOTO: SAM  -  246 words
        • Article
          Lock icon Exhibition
          290 31  -  Compiled by RACHEL LOI, CHEW HUI YAN rachloi@sph.com.sg hychew@sph.com.sg anothermountainman: Winner of the HKDA Global Design Awards, Stanley Wong who operates under the pseudonym “anothermountainman” holds his second solo exhibition at Nanyang Academy of Fine Arts Campus 1. The critically acclaimed artist and creative director will feature a selection
          290 words
      • Article, Illustration
        Lock icon Renowned pastry chef Escriba to launch here
        441 31  -  By HUI CHEW HUI YAN hychew@ sph.com.sg SPANISH pastry maestro Christian Escriba of the 107-year-old Pasteleria Escriba in Barcelona has big plans to bring his repertoire of sweet treats to Singapore. But while he looks out for looks out for the right locations
        441 words
  • Page 27 Advertisements
Page thumbnail Page 28
Page thumbnail Page 29
Page thumbnail Page 30
Page thumbnail Page 31
  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      353 31 CRYPTIC CROSSWORD Across 1 Cloud that’s bust in a storm, violently (12) 9 Conservative politician holding a party (4) 10 Notice opening made by one holy person who looks for golden age? (9) 12 Horrified Arab leader met with stone one knocked out (6) 13 Fictitious place in short, not
      353 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      181 32 I I e ail-ne’ S'-' edan. Launching this weekend. The irresistible purr of a turbocharged engine; The ease of seamless technology harnessing your every gesture. The touch only the finest finishes can provide. Imagine all this, curated from across the Audi range, and built into a new generation of driving
      181 words