The Business Times, 13 March 2014

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Total Pages: 73
1 44 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Thursday, March 13, 2014
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  • 508 1  -  Luxury residential landscape to be enriched with several integrated mixed developments By KALPANA RASHIWALA kalpana@sph.com.sg [SINGAPORE] A new wave of iconic integrated mixeddevelopment projects coming up, with a total development value of more than $15 billion, are set to enhance Singapore’s luxury residential
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  • 459 1  - Singapore unveils Silicon Valleyinspired LaunchPad one-north By JACQUELYN CHEOK jaccheok@sph.com.sg [SINGAPORE] JTC LaunchPad one-north, a new startup cluster primed to be Singapore’s very own startup valley, was unveiled yesterday by Minister of State for Trade and Industry Teo Ser Luck. Comprising three adjoining buildings in Buona Vista one new, another
    BT Graphic: Noordin Ayob, Hyrie Rahmat; Source: JTC  -  459 words
  • Page 1 Advertisements
    • 360 1 BEEF OVER BEER Kopitiam rankled by Case price hike poll PAGE 4 FIFA WORLD CUP SingTel uses World Cup 2014 to get contract renewals PAGE 2 HOCK LOCK SIEW Could APS’s RTO-cum-rights unlock value? PAGE 5 PROPERTY Far East unit wins Sentosa hotel site tender PAGE 30 Property 2014 THE
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  • TOP STORIES
    • 283 2 Slew of iconic properties set to impress A wave of mixed-development projects coming up, with a development value of $15 billion, are set to enhance Singapore’s luxury residential landscape. FRONT PAGE Singapore unveils startup valley JTC LaunchPad one-north, a new startup cluster primed to be Singapore’s very own
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    • 866 2  -  All 64 matches free for those who sign up for or extend mio, BPL contracts By JOYCE HOOI joyceh@sph.com.sg [SINGAPORE] SingTel’s mio TV is making a play for viewers with the beautiful game, using the 2014 World Cup matches to nudge
      Source: Financial statements from SingTel and StarHub  -  866 words
    • 805 4  -  Health Minister details medical subsidies, schemes for Singaporeans BUDGET DEBATE By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] The government’s direct spend on healthcare is expected to rise to $7.5 billion in FY 2014 as it increases its share of national healthcare expenditure, which
      BT Graphics; Source: Ministry of Health  -  805 words
    • 625 4  -  Beef includes data that’s outdated, unfair comparisons By KENNETH LIM kenlim@sph.com.sg [SINGAPORE] The Consumers Association of Singapore (Case) yesterday released a beer price hike survey that riled food centre operator Kopitiam so much that a long-drawn e-mail exchange ensued. Case had said,
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    • 515 4  -  Young firms with sub-$1m turnover can vie for Most Promising Startup By SHEENA TAN tsheena@sph.com.sg [SINGAPORE] Startups still building their track record can now put themselves in the running for a new category in the Emerging Enterprise 2014 (EE2014) awards. The Most Promising
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    • 820 4  -  By JAMIE LEE leejamie@sph.com.sg [SINGAPORE] Sixteen Chinese companies face a high chance of having their bonds default over the next year, given a lack of cash and problems of overcapacity in their industry, data from National University of Singapore’s
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  • Page 2 Advertisements
    • 331 2 Steven's always been one to stay ahead of the game. So DBS IWealth™ just clicks for him. It brings together customised market research, banking services, investment tools and product information online, instantly accessible on any device. Placing him in full control of his wealth, whenever and wherever. It's just one
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  • Page 3 Advertisements
    • 100 3 txmmmm -> mm* I -*rf5& L I M CARTIER AUTOMATIC 1 ■S.\ r •■> -i r^T"' T**; ■I s^wS§g»s^^-.»»vi I V. A,, T TANK MC MANUFACTURE MOVEMENT 1904 MC SINCE THE CREATION OF THE FIRST TANK WATCH IN 1917, THE TANK COLLECTION HAS CONTINUED TO BRlzAK NEW GROUND. THE INCREDIBLY
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  • COMPANY NEWS
    • 735 5  -  HOCK LOCK SIEW By VEN SREENIVASAN ven@sph.com.sg IT is somewhat uncommon for companies that fund reverse takeovers (RTOs) via shares to also subsequently raise cash. But that is exactly what bereavement service provider Asia-Pacific Strategic Investments is doing. n September last year, the Catalist-listed company
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    • 614 5  -  By anitag@sph.com.sg ANITA GABRIEL ahitag@sph.com.sg AFTER several false starts and a quiet 2013, Singa-pore-listed TT International (TTI) was finally ready to unveil details of its flagship retail store Big Box at Jurong East. The project, where construction is now 80
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    • 386 6  -  It likes investments in alternative assets; expects short-term volatility By JAMIE LEE leejamie@sph.com.sg THERE are investing opportunities in the developing markets, even amid the wave of political uncertainties, said Lim Chow Kiat, group chief investment officer at the Government of Singapore Investment Corporation (GIC).
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    • 348 6  -  By JACQUELYN CHEOK jaccheok@sph.com.sg SINGAPORE Exchange (SGX) has raised the red flag on recent trading activities in the shares of two companies, namely integrated contract manufacturer Giken Sakata and raw materials supplier Ziwo Holdings. Giken, in response to an SGX query
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    • 428 6  -  It hopes Flexline will cut costs by 15-30% for some customers By AMIT ROY CHOUDHURY By amit@sph.com.sg SEMICONDUCTOR packaging and testing services company STATS ChipPAC yesterday unveiled a new manufacturing process which it hopes will reduce costs by 15 to 30 per cent for
      FILE PHOTO  -  428 words
    • 392 6  -  By LYNETTE KHOO lynkhoo@sph.com.sg INVESTORS will soon have more Asian currency futures and index options to trade from the third quarter of the year. Singapore Exchange (SGX) said yesterday that it was adding a new set of Asian currency futures comprising the renminbi,
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    • 430 6  -  By SIOW LI SEN lisen@sph.com.sg OFFSHORE renminbi (RMB) bond issuance is likely to boom this year driven by strong policy support, continued cash crunch in the mainland and a huge amount of refinancings expected this year, said a DBS banker.
      Source: Bloomberg, DBS  -  430 words
    • 714 9 Society of Remisiers cites further shrinkage in trading value Bloomberg [SINGAPORE] Singapore’s shrinking brokerage industry is set to get even smaller as trading restrictions planned by regulators dent profits, according to a body that represents individual brokers. The average daily value
      Bloomberg  -  714 words
    • 443 9  -  By SIOW LI SEN lisen@sph.com.sg PRIVATE bank investors are expecting rich pickings with the maiden bond issue of Amtek Engineering, snapping up the notes within a few hours of its Tuesday launch. The $2 00 million five-year non-call 3 (NC3) bond issue
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    • MARKETS DIGEST
      • 65 9 HST INDEX 3,097.43 (-31.97) HST INDEX FUTURES 3,091.00 (-32.00) HSIMSCI 349.57 (-3.18) HSIMSCI FUTURES 348.80 (-3.00) US$ S$ US$ (S$ per US$) 1.269 (US$/S$ per 1.662 2.109 EURO (US$/S$/€ 1.385 1.757 Foreign currency per US$ S$ YEN 102.90 81.10 RM 3.288 2.591 HK$ 7.764 6.120 BAHT 32.37 25.52 RUPIAH
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      • 48 9 Wednesday Change KL COMP 1,818.60 -9.95 NIKKEI 225 14,830.39 -393.72 HANG SENG 21,901.95 -367.66 SET INDEX 1,356.42 -7.86 JAKARTA COMP 4,684.38 -19.83 MANILA COMP 6,462.47 -67.11 SEOUL COMP 1,932.54 -31.33 SHENZHEN B 828.54 +0.79 MUMBAI IND 21,856.22 +29.80 12noon EDT Change DOW 16,326.08 -25.17 NASDAQ 4,310.40 +3.21
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      • 22 9 SINGAPORE 5.35 MALAYSIA HONG KONG HONG KONG 5.00 TAIWAN 15.215 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 INDIA 0.50 Source: Bloomberg
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    • COMPANY BRIEFS
      • 83 9 ENGINEERING solutions provider Metax Engineering Corporation’s subsidiaries have been awarded a total of about $33 million worth of palm oil bio-refining and bio-energy engineering projects in Malaysia and Thailand. The contracts are to design, supply, fabricate, construct, deliver, install, test and commission palm oil
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      • 67 9 VARD Holdings has secured contracts with an undisclosed customer for the construction of two offshore support vessels (OSVs). The total value of the contracts is close to 600 million Norwegian kroner (S$127.5 million). Delivery is scheduled from Vard Brevik in Norway in Q3 and
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      • 125 9 FRASER Centrepoint said the Singapore Exchange has issued an eligibility-to-list letter for a proposed initial public offering and listing of a stapled trust comprising a hospitality Reit which will hold a portfolio of hotels and serviced residences and a business trust which will
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  • Page 5 Advertisements
    • 136 5 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
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  • Page 6 Advertisements
    • 54 6 The Business Times [TRAVEL SUPPLEMENT FRIDAY, 14 MARCH Uncover The Latest In Luxury Travel! k Revival of historical Big Apple hotels x The world's most exclusive resorts x Private jet flights to myriad destinations x A new generation of literary tours MOBILE ARPS sstravel lers.ctfm <. the ultimate travel resource
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  • Page 7 Advertisements
    • 357 7 ;V Jfe. •>' V*% Hfl z «L Xv i .1 +-_5_r -v. V < K sV JTS.1 v v '«»>'« 1 VW ®-*ra7 \0*. A > aATi i ss> »S>. m t r v 1 V ■I v> Hi iijl' sS Ji 1 jif'S >W > ‘'A** r Jte |f
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  • SINGAPORE MARKETS
    • 630 8  -  ST Index surrenders 1.02 per cent, in line with indices in Hong Kong and Japan STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent THE Straits Times Index yesterday dropped 31.97 points or 1.02 per cent to 3,097.43, in line with falls in Hong Kong and Japan
      Source: Bloomberg  -  630 words
    • 77 8 Mar 12 VALUE CLOSE BT OB/OS -263.00 -27.00 BT CADI -*****.00 -74.00 BT 10-day MA -*****.00 -26.00 FTSE ST Mid Cap 713.98 -1.25 FTSE ST Small Cap 534.79 -1.53 FTSE ST All Share 753.37 -6.27 FTSE ST China Top 198.86 -1.53 FTSE ST China 227.04 -2.18 FTSE
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    • 53 8 VOLUME Albedo 266,944,000 HanKore 263,029,000 Innopac 134,443,000 Digiland 63,635,000 LionGold 54,608,000 Golden Agri 51,121,000 JES 49,670,000 Blumont 40,825,000 Charisma Energy 37,969,000 SIIC Env 37,535,000 VALUE($) DBS Grp 147,014,062 UOB 81,166,700 SingTel 52,812,070 HanKore 35,944,264 JMH 33,917,408 Olam 32,088,945 Keppel Corp 31,946,360 Golden Agri 31,114,085 Noble Grp 29,039,585
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 8 1 0 0 0 5 8 1 Manufacturing 47 54 33 6 12 6 53 66 39 Commerce 18 27 16 7 5 5 25 32 21 Tpt/Stor/Comms 12 20 7
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    • 883 8  -  Compiled by KENNETH LIM Yoma Strategic Holdings March 12 close: S$0.725 CIMB Research, March 11 YOMA’s management announced a number of developments: 1) Yoma will partner with Dulwich College International and Harrow International Management Services to develop two international schools at its real-estate developments Star City and PHGE
      Source: Bloomberg  -  883 words
    • 123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 14,147 14,147 54,950 54,950 Manufacturing 331,754 28,259 360,013 127,312 2,678 129,990 Commerce 219,339 320,478 539,817 127,421 20,507 147,929 Tpt/Stor/Comms 59,305 24,031 83,336 106,347 2,494 108,841 Finance 154,748 238 154,986 270,882 76 270,958 Construction 49,836 62,661
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    • 115 8 Stock name Close Change CapMallsAsia 1.780 -0.010 CapitaLand 2.790 +0.020 CapitaMall 1.895 CityDev 9.340 -0.130 ComfortDelGro 1.950 -0.005 DBS Grp 15.85 -0.200 GLP 2.820 +0.010 Genting SP 1.325 -0.015 Golden Agri 0.610 +0.005 HK Land 6.370 -0.120 HPH Trust US$ 0.640 -0.010 JMH 59.04 -0.960 JSH
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    • 459 8 CURRENCIES Bloomberg [LONDON] The yen yesterday strengthened for a third day against the dollar and euro as signs that economic growth in China is slowing boosted demand for haven assets. Japan’s currency advanced against all its 16 major counterparts before reports today
      Bloomberg; PHOTO: BLOOMBERG  -  459 words
    • 112 8 BY CENTS CLOSE UP GLD 10US$ ***** 100.2 0.6 DBXT FTVietnam 10US$ 2927 57.1 1.6 DBXT iBoxxUSTr 5US$ ***** 44.4 0.2 DBXT AUD Bonds 5AU$ ***** 44.3 0.2 DairyFarm 937 31.7 2.7 DBXT S&P Short 10US$ 2541 12.7 0.4 DBXT AUDCS 5AU$ ***** 9.1 0.0 Creative Tech 255 7.0
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    • 132 8 BY CENTS CLOSE DOWN DBXT AUDCS 5US$ ***** -211.8 -0.9 Lyxor ThaiSET 10US$ ***** -167.4 -1.1 DBXT MSKorea 10US$ 5974 -163.6 -2.1 DBXT AUDCS 5SG$ ***** -160.0 -0.7 SPDRS S&P 500 10US$ ***** -144.6 -0.6 JMH 5904 -121.8 -1.6 JSH 3360 -116.7 -2.7 DBXT MSJAP 10US$ 4449 -101.5 -1.8
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    • 5 8 DAILY
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  • Page 9 Advertisements
    • 246 9 PASIR PANGANG THE BUSINESS ONE SPACE WITH A PERFECT SCORE TOPSOON FREEHOLD B1 Industrial in Southern Waterfront City The CBD of Industrial Estates MINUTES TO MRT, CBD BUSINESS HUBS 5-minute walk to Pasir Panjang MRT station 5-mmute drive to Pasir Panjang Distnpark 5-minute drive to One North science media enclaves
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  • SINGAPORE NEWS
    • 439 10  -  Companies need to first transform mindsets, followed by workplaces BUDGET DEBATE By LEE U-WEN leeuwen@sph.com.sg MORE must be done to encourage corporate giving here and the government wants to see giving become part of the DNA of Corporate Singapore, Parliament heard yesterday. Volunteerism
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    • 677 10  -  Govt support for food services, retail, infocomm industries REDEFINING DESIGN By TAY SUAN CHIANG taysc@sph.com.sg IT is no secret that Singaporeans love to eat, shop and are constantly staying connected, using technology wherever they are. With this in mind, the government, through the
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    • 711 10  -  Socio-cultural effort also needed to appreciate design By TAY SUAN CHIANG taysc@sph.com.sg COMPANIES in Singapore need to view design as more than a mere marketing tool and invest in it to succeed and see their business grow. This
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    • 298 10  -  By KARA QUEK karaquek@sph.com.sg THE Singapore Design Class (SDC), a new certification scheme geared towards design companies, will hopefully “raise the bar” for industry standards, according to Tai Lee Siang, president of the Design Business Chamber Singapore (DBCS). It is the first
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    • 303 10  -  But mediation still the first stop for aggrieved parties By leeuwen@sph.com.sg LEE U-WEN |eeuwen@sph.com.sg THE new tribunal that is being set up to adjudicate community disputes should neither be the first recourse nor the main way for people in Singapore to resolve their disagreements.
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    • 189 10 HITACHI Asia has appointed Hirohiko Morisaki (above) as its managing director, who has been tasked to expand the electronic giant’s social innovation business across Asean. This business arm focuses on developing systems for sustainable and urban living in areas like water treatment and mobility. He
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  • MALAYSIA/INDONESIA
    • 577 11  -  It is RM2b less than its previous offer to Selangor’s four concessionaires By PAULINE NG in Kuala Lumpur UNDER a re-nationalisa-tion programme, Malaysia’s federal government will compulsorily acquire the water assets of four concessionaires in the state of Selangor for a total of RM7.65
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    • 484 11 Reuters [JAKARTA] Indonesia’s next president is unlikely to make major changes to the country’s controversial mining rules, after major political parties backed an export ban that has led miners to halt US$6 billion in annual mineral exports. The broad political support will disappoint miners, such
      Reuters; PHOTO: BLOOMBERG  -  484 words
  • Page 11 Advertisements
    • 299 11 Become A Savvy Property Investor like Nancy She will share the experience of her USD5,000 investment in Olympia City The mega project in Phnom Penh, Cambodia has appreciated nearly 30% in value for her in less than 3 months. Date: 15th (Sat) 16th Mar (Sun), 2pm 6pm Venue: Singapore Recreation
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  • GREATER CHINA/INDIA
    • 754 12 Factory output up in Jan as interest rate hikes cool price rises before elections Bloomberg Reuters [NEW DELHI] Indian con-sumer-price inflation eased for a third straight month in February while factory output unexpectedly rose in January, as interest rate increases cooled
      Bloomberg; Reuters; PHOTO: BLOOMBERG  -  754 words
    • 500 12 Pilot programme expected to feature bank shares Reu ters [SHANGHAI] The China Securities Regulatory Commission (CSRC) is ready to launch a long-awaited pilot programme allowing listed companies to issue preferred shares, three sources with direct knowledge of the policy told Reuters, and could officially
      Reuters  -  500 words
    • 384 12 Reuters [BEIJING] China will step up its hunt for corrupt officials who have fled abroad, confiscate illegal assets of overseas fugitives and stop suspect offenders leaving the country, as it intensifies the fight against graft, state media said yesterday, citing the country’s top prosecutor. Cao
      Reuters  -  384 words
    • 303 12 Reuters [NEW DELHI] Rahul Gandhi, the heir to the dynasty that leads India’s ruling party, on Tuesday compared opposition leader Narendra Modi to Adolf Hitler his sharpest attack yet on a rival who is forecast to beat him in an upcoming general election. Mr
      Reuters  -  303 words
    • 311 12 Alibaba buys into ChinaVision Reuters [HONG KONG] China’s largest e-commerce company Alibaba Group Holding has agreed to buy a controlling stake in China Vision Media Group Ltd for US$804 million, giving it access to TV and movie content as competition in the world’s biggest Internet market becomes increasingly cutthroat. The
      Reuters  -  311 words
  • Page 12 Advertisements
    • 126 12 Gain A CCE|S TO ft WORD* OF EXCISING TRftVEL IDEAS And DEALS! ft ev o*S R-SS? p DOWNLOAD the S8TmV nOW! S 1 Brought to you by SPH, the easy-to-use sgtravellers app spins more exciting travel yarns with its new Luxe Travel chapter featuring stories and pictures as never seen
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  • Page 13 Advertisements
    • 3832 13 MANDATORY UNCONDITIONAL CASH OFFER By CHIN BAY CHING (NRIC: S*****13H) to acquire all the issued and paid-up ordinary shares in the capital of ADVENTUS HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****1072R) other than those already owned, controlled or agreed to be acquired by Chin Bay
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  • WORLD
    • 675 14 But bill is forecast to face many hurdles in the lead-up to mid-term elections WP [WASHINGTON] The Senate banking committee’s top leaders released the broad outlines of a plan that would dismantle mortgage giants Fannie Mae and Freddie Mac, advancing what many
      WP; PHOTO: BLOOMBERG  -  675 words
    • 825 14 AFP [BILLUND, Denmark] With record sales and a hit movie expected to propel them further, Lego could be expected to bask in its successful turnaround, but the Danish maker of colourful toy blocks is pressing ahead to face the challenges of globalisation.
      AFP; PHOTO: AFP  -  825 words
    • 430 14 AFP [LISBON] With Portugal’s 78 billion euro (S$137 billion) IMF-EU aid programme about to come to an end, its creditors are not only expecting the country to exit its massive bailout on May 17, but urging it to do so without
      AFP  -  430 words
    • 484 14 Move follows investor belief that Fed’s bond purchases will end in October Bloomberg [NEW YORK] Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co, cut holdings of Treasuries and US government debt in February as turmoil
      Bloomberg  -  484 words
    • 973 16 UniCredit posts 15b euro loss hours after ECB unveils details of its scrutiny plan NYT [FRANKFURT] Italy’s biggest bank reported a huge loss, foreshadowing the possibility many financial institutions across Europe could be forced to acknowledge the full extent of their own
      NYT; PHOTO: REUTERS  -  973 words
    • 252 16 Bloomberg [LONDON] Payday lenders face an investigation into how they treat customers that struggle to pay back short-term loans, the UK’s top markets watchdog said yesterday. Around 60 per cent of complaints to the Office of Fair Trading (OFT) are about debt
      Bloomberg  -  252 words
    • 815 16 Parliament would need to cede ground for deal to get done Bloomberg [BRUSSELS] European finance ministers made few concessions to break a deadlock on a bank-failure bill, as the European Central Bank warned that failure to enact it would hinder efforts to
      Bloomberg; PHOTO: AFP  -  815 words
    • 193 16 Reuters [SEOUL] South Korea’s seasonally adjusted unemployment spiked to a three-year high in February as job seekers flooded the labour market and the number of people in work hit its highest level in 15 years in an encouraging signal for the
      Reuters  -  193 words
    • 352 16 AFP [SYDNEY] The only known specimen of the first official banknote issued in Australia, uncovered in Scotland, is expected to fetch at least A$250,000 (S$283,750) at an auction in Sydney this month, officials said yesterday. The 10 shilling note, issued on the order
      AFP  -  352 words
    • 754 17 Just 21 say stockmarket gains made them feel more secure financially Bloomberg [WASHINGTON] More than three-quarters of Americans say the five-year bull market in US stocks has had little or no effect on their financial well-being, according to a Bloomberg National Poll.
      Bloomberg; PHOTO: AFP  -  754 words
    • 540 17 It’s reeling from strong currency, weak markets Xinhua [WELLINGTON] New Zealand’s tourism industry is in “a bit of a perfect storm” faced with a high-valued currency, declining traditional markets, and the need to adapt quicker to emerging markets, particularly in China, an industry
      Xinhua  -  540 words
    • 845 18 Dianne Feinstein says it had searched computers used by senate staffers Reu ters [WASHINGTON] A bitter dispute between the Central Intelligence Agency (CIA) and the US Senate committee that oversees it burst into the open when the committee chairwoman accused the agency
      Reuters  -  845 words
    • 416 18 They use the worst snooping methods in the name of govts AFP [PARIS] Shady agencies at the service of democratically elected governments are among the worst online spies in the world, media watchdog RSF said yesterday, putting them on the same level as
      AFP  -  416 words
    • 648 18 AFP [HANOVER] European information technology (IT) security firms have flocked to the world’s biggest hightech fair with hopes of benefiting from the fallout from shock revelations of mass US and British spying. Exactly a year ago, Chancellor Angela Merkel vaunted her new, ultra-secure
      AFP; PHOTO: REUTERS  -  648 words
    • 480 18 Govt criticised for propping up failed firms instead of supporting growth sectors Bloomberg [HELSINKI] Finland is pursuing a failed policy of using public funds to prop up companies with no hope of surviving on their own, according to the head of the country’s biggest
      Bloomberg  -  480 words
    • 883 19 It’s harder for them to raise funds for growth; prospects of mine closures grow Reuters [SYDNEY] Small iron ore miners from Australia to Canada and China face a potential shakeout, as a steep fall in prices makes it harder
      Reuters  -  883 words
    • 218 19 AFP [SYDNEY] The northern Australian city of Darwin was thrown into chaos yesterday with a mass power outage closing schools and public sector offices, and knocking out traffic lights. A tripped circuit cut power to most of the city of some 120,000 people
      AFP  -  218 words
    • 730 19 It is also working on ‘BitLicense’ for firms in New York NYT [NEW YORK] At a time when some government agencies are backing away from virtual currency, New York’s top financial regulator is taking a big step forward. On Tuesday, Benjamin Lawsky, superintendent of
      NYT; PHOTOS: BLOOMBERG  -  730 words
    • 308 19 Bloomberg [LONDON] Lloyds Banking Group, Britain’s biggest mortgage lender, will reap a one billion pound (S$2.1 billion) one-time gain by freezing pensionable pay for a third of its employees, prompting fury from labour unions. The bank will leave the amount it
      Bloomberg  -  308 words
    • 851 19 Steeper prices, taxes push indicator to 33-year high Bloom berg [TOKYO] Japanese Prime Minister Shinzo Abe looks set to drive an indicator of economic hardship to a 33year high by increasing taxes and prices amid stagnant wages. The misery index, which adds the
      Bloomberg  -  851 words
    • 707 20  -  Pay rises should help counter the impact of a hike in national sales tax next month By ANTHONY ROWLEY in Tokyo TOKYO stock prices took a heavy hammering yesterday in the wake of the Bank of Japan’s
      PHOTO: BLOOMBERG  -  707 words
    • 444 20 Reu ters [BANGKOK] Caretaker Thai Prime Minister Yingluck Shinawatra suffered a setback yesterday when a court ruled that legislation aimed at raising billions of dollars for investment in ambitious infrastructure projects was unconstitutional. The central bank, signalling its concern about the
      Reuters  -  444 words
    • 357 20 US lawmakers prepare sanctions against Russia Reuters [BERLIN] A trade conflict between Russia and Europe over Ukraine would hurt German business but it would be life-threatening for the Russian economy, Germany’s main trade body said yesterday, making its forecasts conditional on the crisis in
      Reuters  -  357 words
    • 276 20 Bloomberg [BRUSSELS] Euro-area industrial production unexpectedly declined in January as energy output dropped, underscoring the fragility of the currency bloc’s recovery from a record-long recession. Factory output in the 18-nation eurozone slipped 0.2 per cent from December, the European Union’s statistics office in
      Bloomberg  -  276 words
  • Page 14 Advertisements
    • 149 14 The HEAD Foundation is pleased to present a free public lecture entitled I CAN CHINA EXCEED US$15,000 PER CAPITA? with PROFESSOR GORDON REDDING CO-EDITOR OF THE OXFORD HANDBOOK OF ASIAN BUSINESS SYSTEMS Many studies have identified a "middle-income trap" at around US$15,000 per capita, where a society's growth slows and
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    • 23 14 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. WAT3 NOTICES
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  • Page 15 Advertisements
    • 2769 15 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices OSIM INTERNATIONAL LTD (Company Registration No. *****4191 N) (Incorporated in Singapore with limited liability) OSIM* Inspiring well-being NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of OSIM International Ltd ("the Company") will be held at 65 Ubi Avenue
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    • 2317 15 ROXY-PACIFIC HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****0135Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Roxy-Pacific Holdings Limited (the “Company”) will be held at Frankel Room, 3rd Floor, Grand Mercure Roxy Hotel, Marine Parade Road, Roxy Square,
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  • Page 16 Advertisements
    • 31 16 ACTOR WITH A CAUSE AamirKhan is backon TVwithhis socialchatshow Birth centenary of Tamil language ambassador GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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    • 121 16 />J uewu Singapore Gifts Premiums Fair 2014 16-18 July 2014 Marina Bay Sands, Singapore See a huge variety of new and innovative products on display, providing inspirational promotional ideas! m rf j Ej V-t *Free Admission! Register at www.SGPFair.com/visit1 To Exhibit: SGPFair@bizlink.com.sg Tel: (65) 6848 5938 www.SGPFair.com Organised By: B|
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  • Page 17 Advertisements
    • 236 17 ecli upi SME MARKETING BOOTCAMP NEED LOW COST SOLUTIONS TO MARKET YOUR BUSINESS? JOIN US AT THIS 2-DAY WORKSHOP TO PICK UP SOCIAL, VIDEO AND MOBILE MARKETING SKILLS What You Will Learn: How to harness social media sites as a marketing tool Produce your own videos to give your business
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  • Page 19 Advertisements
    • 313 19 ■dt WATS NOTICES In the Matter Of The Companies Act, Cap. 50 And In The Matter Of SG AUTO TRADER PTE LTD UEN *****0529D NOTICE OF CREDITORS’ MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies
      313 words

  • Page 20 Advertisements
    • 58 20 1' TAKE AIM Advertise in our Great Golf supplement for all things golf! The Business Times: 28 March 2014 The Straits Times: 30 March 2014 The New Paper: 1 April 2014 Gwen Koh 9743 6235 Mia Gu 9877 8713 Alan Lim 9711 7982 Hui Hui 9623 3128 W AT3 BUY
      58 words
    • 24 20 Trading by retail investors on the rise, now accounts forhalf of market volumehere market Volume here To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      24 words

  • AVIATION/SHIPPING
    • 532 21  -  It cites higher fuel prices triggered by Ukraine crisis but adds that industry upturn will continue By ANITA GABRIEL anitag@sph.com.sg THE International Air Transport Association (Iata) has cut its global profit forecast by US$1 billion to US$18.7 billion for the airline industry in
      FILE PHOTO  -  532 words
    • 352 21 Reuters [HYDERABAD] Indian budget airline SpiceJet Ltd has signed a deal with Boeing Co to buy 42 737 MAX jets in a deal worth US$4.4 billion at list prices, the company said yesterday, sending its shares up more than 7 per cent.
      Reuters  -  352 words
    • 545 21 AFP [HONG KONG] Hong Kong carrier Cathay Pacific yesterday said net profit more than tripled last year on a rise in Chinese travellers and fuel-cost savings, but its cargo unit saw earnings fall while analysts warned of a tough future. The city’s flag-carrier said
      AFP; PHOTO: REUTERS  -  545 words
    • 242 21 SGX '000 Mar 12 S$ +/-Vol Ch Offshore '000 Chuan Hup Hldg unch unch 0 s$ Cwt Limited 1.30 unch 134 Vol First Ship Lea 0.08 unch 76 Grand Banks 0.22 0.01 103 Jaya Hold Ltd 62 K1Ventures .unch Keppel Corp 10.63 -0.13 2983 Mercator Lines 0.10 unch
      242 words
    • 329 21 Reuters [LONDON] Deliveries of new gas tankers have created a glut that is threatening to tip some operators into losses, just as other shipping markets emerge from their worst downturn in decades. The liquefied natural gas (LNG) tanker market was until recently
      Reuters  -  329 words
    • 493 21  -  Tragedy not expected to dent air travel in general MISSING MAS FLIGHT By ANITA GABRIEL anitag@sph.com.sg THE head of the International Air Transport Association (Iata) has said that it is the job of governments not the airlines to verify the validity of passengers’
      493 words
    • 491 21 Reuters [KUALA LUMPUR] Malaysia’s military has traced what could have been the jetliner missing for almost five days to an area south of the Thai holiday island of Phuket, hundreds of miles from its last known position, the country’s air force chief
      Reuters  -  491 words
  • Page 21 Miscellaneous
    • 299 21 CRYPTIC CROSSWORD Across 1 Old man’s gone with raincoat undone (12) 9 Playing with brilliant band Round Midnight (9) 10 Large facility for rent (5) 11 Observing vacuum lacking hydrogen (6) 12 Persistent criminal’s beat, facing time (8) 13 Broadcasting rock’s about over (6) 15 Approve second operation around east
      299 words

  • EDITORIAL & OPINION
    • 486 22 EDITORIAL IT has always been a challenge for the authorities to cultivate and maintain vibrant retail participation in the local stock market. Traditional approaches have centred around education and disclosure, based on the assumptions that: a) retail investors are relatively unsophisticated and b) that institutions
      486 words
    • 812 22  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 THE world is courting Africa, and about time too. The United States has fallen way behind China and is now trying to
      812 words
    • 1168 22  -  It could be the next most significant reporting innovation for firms since IFRS was created By and HO YEW KEE, MIKKEL LARSEN TAN BOON SENG The writers are, respectively: head, Department of Accounting, NUS; managing director, DBS Group; and assistant director, Technical Research, Institute
      PHOTO: YEN MENG JIIN  -  1,168 words
    • 1075 23  -  There is a need for a realistic reappraisal of the roles of public and private sectors in providing infrastructure ANTHONY ROWLEY Tokyo Correspondent NEVER perhaps has a political and ideological football been kicked around so vigorously and pointlessly and for so long as the issue
      PHOTO: AFP  -  1,075 words
    • 941 23  -  REUTERS BREAKINGVIEWS By HUGO DIXON THE European Union’s half-baked banking union could be made to work –even though it wasn’t strictly needed to solve the eurozone’s problems and what has been agreed isn’t what the designers wanted. The original advocates of the banking
      PHOTO: AFP  -  941 words
    • 684 23  -  By SARAH KOGAN The writer is deputy editor of Chambers Asia-Pacific Guide CHAMBERS and Partners recently launched the 2014 Chambers Asia-Pacific directory, a guide to the leading law firms and lawyers across the region. Chambers carries out thousands of in-depth interviews with clients
      684 words


  • 1229 24 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
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  • Page 24 Advertisements

  • SINGAPORE STOCKS
    • 3071 25 Transaction date: Mar 12 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 20 3.3 A-Sonic --AAT Day Last Quote Div Gr Yld Net M Cap High 25.5 22 AIMSAMPI Reit R
      3,071 words
    • 361 26 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 35 22 t 3Cnergy 500 33SS S3" a-Rfc:K5 SpSSS5S33pa: 2 0.9 t Advanced System 0.9 unch 1303 1.1 0.9 0.9 1 15.8 g|3 sps
      361 words
    • 11260 26 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FuncTCI A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.19/ Aberdeen Asset Mgt Asia Limited American Opp 0.9725/ Global Emerging Markets!** Asian Smaller Cos! China Opportunities' 1.8828/ 2 6558/ EM Local Ccy Bond 0884/ European Opportunities!"
      11,260 words
    • 249 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 35.5 Genting HK US$ US41 unch 3254 41 40.5 40.5 41 2699.7 Sale 318 191 TanChongInt HK295 -5 60 297 295 295 297 4.3 2.4
      249 words
    • 1132 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 121 108.3 ABF SG Bond ETF 112.4 +0.3 4 112.4 112.4 112.4 114 513.1 143 119 CIMB APAC Div 100S$D 123.4 -1.3 123.4 123.4 122.2 124.6
      1,132 words


  • FINANCE & COMMODITIES
    • 689 27 Mar 12 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.80 *****.14 *****.18 Mar14 *****.00 *****.00 *****.00 *****.00 *****9 *****0 Jun14 *****.00 *****.00 *****.00 *****.00 *****3 *****9 MSCI TAIWAN INDEX FUTURES SPOT 304.68 305.56 304.13 Mar14 307.00 307.80 304.10 304.80 ***** *****0 Apr14 307.30
      689 words
    • 373 27 In local curr In S$ In US$ dy yr dy yr dy yr Mar 11 Index Change Change Change Change Change Change World Preliminary 1193.3 0.0 0.7 -0.1 1.3 0.0 1.0 EAFE Preliminary 949.6 0.2 -0.7 0.0 0.6 0.2 0.2 Europe Preliminary 1365.0 0.1 0.7
      373 words
    • 471 27 Mar 12 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.996 5.507 0.647 6.959 54.766 102.503 0.922 9.595 2.947 1.057 88.161 40.029 1.137 9.748 0.787 27.193 29.016 0.539 0.896 Canada 1.004 5.529
      471 words
    • 34 27 Mar 12 (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
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    • 82 27 Mar 12 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 27-Jun-14 0.29 1-Year BY*****T 31-Oct-14 0.31 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.55 101.63 101.63 5-Year NX*****W 2.5 01-Jun-19 105.12 10-Year NX*****H
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    • 136 27 Mar 12 GOLD(US$/oz) Mar 12 Mar 11 Hong Kong 1361.00 1347.00 Mar 11 Mar 10 London 1341.22 1340.55 1341.86 1341.35 Source: Thomson Reuters CAST BAR Mar 12 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 124 55 5gm 353 276 10gm 630 552
      136 words
    • 57 27 Mar 12 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 14 2950.0 2859.0 2950.0 2871.0 23 880 Apr 14 2880.0 2839.0 2886.0 2833.0 1995 9930 May 14 2855.0 2821.0 2865.0 2808.0 ***** ***** Jun 14 2840.0 2799.0
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    • 155 27 Mar 12 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1367 1.1376 0.8962 0.8966 Canadian dollar 1.1411 1.1420 0.9001 0.8996 Euro 1.7565 1.7573 1.3848 1.3850 NZ dollar 1.0750 1.0761 0.8475 0.8481 Sterling pound 2.1081 2.1091 1.6620 1.6623
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    • 109 27 Mar 11 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 14 1411.50 1419.25 1430.25 1411.75 May 14 1413.00 1418.75 1428.75 1410.50 Jul 14 1391.25 1394.25 1405.00 1386.50 Aug 14 1350.75 1345.75 1360.75 1341.25 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 14
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    • 94 27 Mar 11 COCOA (£/tonne) Close Prev High Low Mar 14 1866 1849 1877 1845 May 14 1878 1860 1888 1855 Jul 14 1877 1860 1887 1858 Sep 14 1879 1860 1886 1855 COFFEE(US$/tonne) Close Prev High Low Mar 14 2245 2196 2250 2210 May 14 2180 2147 2195 2148
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    • 1132 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 45 6 12 0.0 5 -90 52 Asia-Pacific Strategic W*****6 Ratio Acma Ltd W*****7 Price Albedo Limited W*****9 Disc Ascendas Reit MB eCW*****1 2 0.2 210 1 Ascendas
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    • 70 27 CRUDE OIL PRODUCTS Mar 11 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.71 0.08 WTI (Near Mth) 99.81 -1.29 Dubai (1-Mth F) 104.30 0.25 Tapis blend 113.64 0.21 Minas 108.74 0.21 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 101.53 0.59 Jet Kerosene 120.38 0.21 US$/barrel OpecOil Basket
      70 words
    • 22 27 Mar 12 S$ Bid Offer 1-month 1.2684 1.2688 2-months 1.2684 1.2688 3-months 1.2683 1.2688 6-months 1.2681 1.2686 Source: OCBC
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    • 65 27 Mar-11 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1707.75 1732.50 3 months 1750.50 1775.50 Copper, Grade A(US$/tonne) Cash 6492.25 6661.50 3 months 6475.00 6649.00 Lead(US$/tonne) Cash 2021.25 2056.75 3 months 2049.50 2084.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
      65 words
    • 121 27 As at 9am Mar 12 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.162 1.107 Can dollar 1.162 1.118 Euro 1.798 1.713 Sterling pound 2.147 2.065 NZ dollar 1.098 1.056 US dollar 1.294 1.233 Local dollars to 100 units of foreign
      121 words
    • 154 27 Mar 12 $S Offer Bid 0vernight 0.08 0.03 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.08 US$ Offer Bid 7 days 0.20 0.10 1 month 0.25 0.15 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
      154 words

  • PROPERTY
    • 1369 28 Softening rents, changes in hiring practices fuel rise in short-term housing NYT [NEW YORK] A fastgrowing class of properties in New York is encouraging people not only to visit, but to stay awhile. Known as extendedstay, corporate or shortterm housing, these units have proliferated
      NYT; PHOTO: YANA PASKOVA/THE NEW YORK TIMES  -  1,369 words
    • 369 28 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN JAN 29 AND FEB 4, 2014 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 2 NON-LANDED Spottiswoode Park Apt 30/01/2014 85 1270 923 727 District 5 LANDED Faber Hills X-Det
      369 words
    • 374 28 Bloomberg [SYDNEY] Lend Lease Group, Australia’s biggest listed property developer, fell by the most in two weeks after a fire forced work to halt at its A$6 billion (S$6.8 billion) Barangaroo South development on Sydney’s harbour. A fire started at
      Bloomberg  -  374 words
    • 1644 29 Projects are funded with buyers’ cash of as much as 60% of the purchase price Bloomberg [NEW YORK] Gil Dezer, a Miami-area developer, five years ago had 850 unsold condominiums on his hands and almost US$500 million in loans coming due as credit
      Bloomberg; PHOTO: BLOOMBERG  -  1,644 words
    • 391 30  -  484,400 sq ft site has been gazetted for conservation By LEE MEIXIAN leemx@sph.com.sg SENTOSA Development Corporation (SDC) has awarded a 60-year leasehold hotel site tender on the resort island to Far East Organization Centre, a member of Far East Organization (FEO). The
      391 words
    • 1504 30 Bloomberg [SEATTLE] In a world devoid of yield, even the lowest-returning real estate is attracting new investors. A unit of CBRE Group is investing US$200 million for a group of Asian insurers in core real estate typically high-quali-ty, well-leased buildings
      Bloomberg  -  1,504 words
    • 175 30 Reuters [LONDON] Chinese state-backed developer Greenland Group has snapped up the stalled site of Europe’s tallest residential tower, in London’s Canary Wharf financial district, after an earlier deal with an Irish property investor fell through. The site on Canary Wharf’s north-west
      Reuters  -  175 words
  • Page 28 Advertisements

  • Page 29 Advertisements
    • 138 29 FACTORIES for sale inISKANDAR 10-Min from Second Link Size: 13,000 sq ft 42,000 sq ft Semi-Detached Detached Factory Freehold Good Layout Near Commercial and Lifestyle Amenities Dominic Peters 9825 2101 CEA Reg. No. R*****1G www.savills.com.sg savills Agency No. L*****88B Australian Property Finance Have you recently bought an Australian property and
      138 words
    • 47 29 Clermont Residence Integrated development with 181 exclusive units Direct connectivity to Tanjong Pagar MRT Residential units are 180m above sea level Award winning architect SOM CALL FOR APPOINTMENT Mabel Tan: 9699 9767 (CEA Reg No: R*****7B) DTZ Debenham Tie Leung (SEA) Pte Ltd CEA Licence No: L*****01G
      47 words
    • 550 29 •■ILL Riviera Point River Valley Rd The Paragon €+r JJ>\ ORCHARD ROAD s Dhoby Ghaut MRT MKT t7%Ji I river Subject Site UE Square Fort Canning Liang MRT (u/c) Court MRT Clarke^tuay ROAD havbTSl Land: 1,354.4 sm, Located within Central Area Verified GFA: 4,576.93 sm (GPR 3.379); FH Abt 700m
      550 words

  • Page 30 Advertisements
    • 187 30 Ideal Business Space for End Users savills sS xN^ GEYLANG BAHRU (U/C) -it* UK 6 1 6 PAN-ISLAND EXPRESSWAY (P'E) SUBJECT PROPERTY SIMS DRIVE GEYLANG EAST Freehold Business Space Mins to MRT Station Strata Area 12,852 sq ft 7th and 8th Floors at LHK Building Business 1 use 15 minutes
      187 words
    • 89 30 For Sale by Public Tender "•rssr* Q i NEX SHOPPING CTR For sale 7 Cotswold Close, Singapore *****6 Open House Frl Sat, 21 22 March 2014 10am to 12noon, 1 pm to 4pm Tender Documents Available from 70 Barker Road, #03-01 Methodist Centre, Singapore *****6 24-26 March 2014 10am to
      89 words

  • Property 2014
    • 382 1  -  Kalpana Rashiwala key finding in the Knight Frank Wealth Report, released just last week, points to real estate as still a favoured asset class among ultra high net worth individuals, with Singapore one of the top choices for a second home. But anyone wanting to enter
      382 words
    • 1325 2  -  The market is not crushed, as a new wave of growth is expected in the next 12 to 24 months. ByHAN HAN HUAN MEI Han Huan Mei is associate director (research), CBRE THE volume of luxury transactions have certainly taken a dip since the last
      Source: CBRE Research; Source: URA, CBRE Research  -  1,325 words
    • 1371 4  -  The upscale waterfront housing district will remain a rarity, though it may soon be joined by other locales. By koh siok hui ByKOH KOH SIOK HUI Koh Siok Hui is senior research analyst, research advisory, Colliers International THE multiple rounds of government property cooling
      1,371 words
    • 1263 6  -  Beyond their impact on surrounding property values, iconic residential projects draw HNWIs to reside and work here, writesLEE LEE LAY KENG Lee Lay Keng is head of Singapore research, DTZ IN 2013, transactions of private homes in Singapore declined about 40 per cent as the
      Source: URA Realis, DTZ Research  -  1,263 words
    • 1248 8  -  The outperformance of the upper income bracket correlates with superior price performance of Good Class Bungalows, despite a drop in transactions in recent years, writes writes ALAN CHEONG The writer is research head, Savills Singapore RATHER than ramble on about the gossipy features of Good
      Source: Savills; PHOTO: ARTHUR LEE; Source: Savills, URA, Dept of Statistics; Source: Savills, URA; Source: Savills, Cap Gemini  -  1,248 words
    • 1429 10  -  There are some pockets of opportunities for buyers with lower budgets, writeMARY MARY SAI, ALICE TAN, LE THI DAN THUY Mary Sai is executive director, commercial sales; Alice Tan is associa te director and head, consultancy and research; Le Thi Dan Thuy is senior analyst, consultancy
      Source: URA, Knight Frank Research; Source: REALIS, Knight Frank Research; PHOTO: ARTHUR LEE  -  1,429 words
    • 1269 12  -  With the MSR cap in addition to TDSR, it may seem easier to borrow for a private home than for an HDB flat or an EC, writesPATRICIA PATRICIA HUNG The writer is co-founder ofwww.HousingLoanSG.com, a mortgage consultancy in Singapore WITH a series of property cooling measures introduced
      Source: www.HousingLoanSG.com  -  1,269 words
    • 1753 14  -  ismail gafoor has some key tips for both sellers and buyers this year, following the effective introduction of recent government measures ISMAIL GAFOOR The writer is CEO of PropNex Realty THE public housing market has reached a crossroads and many are wondering what 2014
      PHOTO: BLOOMBERG; Source: SRX  -  1,753 words
    • 2162 16  -  Projects launched in 2014 and 2015 are expected to see continued keen buying interest, but it is unlikely demand will be as overwhelming as in 2011-2013 due to the MSR cap, writesONG KAH SENG writesONG writesONG KAH SENG The writer is director of R’ST
      FILE PHOTOS  -  2,162 words
    • 1639 18  -  Prices are stabilising, developers have become very competitive and are sparing no effort in creating the winning product, writeEUGENE LIM writeEUGENE writeEUGENE LIM andURAINA POH Eugene Lim is key executive officer and Uraina Poh is senior research analyst, ERA Realty Network
      FILE PHOTOS; Source: URA, ERA Research; Source: Realis, ERA Research  -  1,639 words
    • 1381 20  -  Landlords need to be cognisant of supply build-up; newer properties in better demand by tenants, writesONG ONG TECK HUI The writer is national director, research and consultancy, Jones Lang LaSalle Property Consultants Pte Ltd IN general, in the past decade, Singapore has enjoyed
      Source: URA Realis, Jones Lang LaSalle; FILE PHOTOS  -  1,381 words
    • 679 22 / 23 Projects currently on the market DISTRICT PROJECT TENURE LOCATION DEVELOPER TOTAL A 2 SkySuites Anson 99 Enggor Street Allgreen Properties 360 B 2 Clermont Residence 99 Wallich Street GuocoLand 181 C 3 Alex Residences 99 Alexandra View Singapore Land 429 D 4 The Interlace 99 Depot Road
      679 words
    • 1548 24  -  But they are not solely responsible for rising land costs at state tenders, argue Nicholas mak and janene wong NICHOLAS MAK, JANENE WONG The writers are with the consultancy and research department of SLP International RECENT news reports and sentiment within the property development industry seem
      1,548 words
    • 551 26 CURRENT MAJOR PROJECTS No. Project District Tenure Location Developer Total Units 1 Central Link 3 99 Jalan Kilang Barat LINK (THM) Biz KB Pte Ltd 46 2 100 Pasir Panjang 5 FH Pasir Panjang Road CEL Pasir Panjang Pte Ltd 66 3 CT Hub 2 (Mixed
      551 words
    • 3349 28  -  Such commercial and industrial properties have been cast in the limelight in recent years and have enjoyed strong demand from liquidity-flushed property investors looking for an alternative to park their money. By pearl lok, elsie doong and elaine chow ByPEARL PEARL LOK, ELSIE
      Source: URA Realis, Chesterton Singapore (data as at Jan 24, 2014); Source: URA Realis, Chesterton Singapore (data as at Feb 4, 2014); Source: URA Realis, Chesterton Singapore (data as at Feb 7, 2014)  -  3,349 words
    • 1887 30  -  Expected economic growth will lead to increased demand for office space and an upcycle in the office market. By chris archibold ByCHRIS CHRIS ARCHIBOLD Chris Archibold is head of markets, Jones Lang LaSalle Property Consultants JONES Lang LaSalle’s data shows that office leasing
      Source: Jones Lang LaSalle  -  1,887 words
    • 1054 32  -  Strong visitor numbers are expected for H1 2014 and occupancy levels remain very high, says Robert mcintosh ROBERT MCINTOSH Robert McIntosh is executive director, CBRE Hotels, Asia-Pacific SINGAPORE’S hotel investment sales tally for 2013 was boosted by the recent sale of Westin to Daisho and
      FILE PHOTO; Source: STB, CBRE Hotels; Source: CBRE Hotels  -  1,054 words
    • 1262 32  -  By EUNICE KHOO Eunice Khoo is research analyst, CBRE Research Singapore ORCHARD Road, long synonymous with Singapore retail, has established itself globally as a prominent shopping belt due to its high concentration of retail stores offering mid to luxury brands. As it continues to
      FILE PHOTO  -  1,262 words
    • 1230 34  -  There has been a shift in investment interest to industrial properties from the residential sector, saysLIM KIEN KIM LIM KIEN KIM Lim Kien Kim is executive director head of industrial, Knight Frank Singapore THE industrial property market is known to be stable and predictable, so
      Source: URA, Knight Frank Research; FILE PHOTO  -  1,230 words
    • 1924 36  -  Time ripe for separate (Master Plan) zoning for this property category, argue elsie doong and DONALD HAN ELSIE DOONG, DONALD HAN Elsie Doong is research analyst and Donald Han is managing director, Chesterton Singapore SERVICED apartments are becoming more popular with expatriates
      Source: Chesterton Singapore; Source: Global Serviced Apartments Industry Report 2013-2014  -  1,924 words
    • 1062 38  -  But interest remains strong in new projects in Kuala Lumpur, Malacca and Penang, writesPAULINE PAULINE NG SIVA Shanker is happy that the property pendulum is swinging back. “Most of the speculation in the past three years has been in the residential primary market even though
      Source: National Property Information Centre (NAPIC), PPC International Sdn Bhd Research  -  1,062 words
    • 1462 38  -  By CHRISTINE LI, WONG XIAN YANG Christine Li is head and Wong Xian Yang is senior analyst of research and consultancy at OrangeTee SINGAPORE has one of the world’s fastest ageing populations. The average life expectancy of Singapore citizens
      Source: Dept of Statistics, OrangeTee Research; Source: Grant Thornton/RVA  -  1,462 words
    • 1891 40  -  With such robust growth having taken place, is it still a good time to invest in the capital? candice Matthews provides some answers. CANDICE MATTHEW S Candice Matthews is director of UK residential, DTZ ACCORDING to Nationwide Building Society, residential property prices
      PHOTO: BLOOMBERG  -  1,891 words
    • 795 40  -  By ROMEO ARAHAN Romeo Arahan is research analyst, research and advisory services, Colliers International Philippines THE Philippine economy continues to surge ahead despite natural calamities not too long ago. Last year, the country posted one of the best showings in Asia, with gross domestic
      795 words
    • 1317 42  -  YONGadvises investors to do their homework but they also need to move fast KU SWEE YONG Ku Swee Yong is a property agent and the CEO of real estate broker Century 21 Singapore. He is the author of two national bestsellers: ‘Building Your Real Estate
      1,317 words
  • Page 1 Advertisements
    • 415 1 CONTENTS Sentosa Cove still rules the waves IPAGE 4 Projects that capture the imagination IPAGE 6 Value landed housing options IPAGE 10 Prospects for HDB and EC markets IPAGES 14 16 Suburban condo market IPAGE 18 Features on office, hotel, Orchard Road retail and industrial property sectors IPAGES 30, 32
      415 words

  • Page 2 Advertisements
    • 212 2 CLUNY PARK residence Where the grass is truly greener. it A rSrv sr"<V «jr t,*tl j. IM j. WHERE YOUR GARDEN IS THE SINGAPORE BOTANIC GARDENS. Cluny Park Residence. The only freehold condominium in Cluny Park Road, next to the Singapore Botanic Gardens. Botanic Gardens MRT station right at your
      212 words

  • Page 3 Advertisements
    • 331 3 Luxury homes with a playground as big as the sea. Who dreamt that up? We did. We call this Thinking Unboxed’. Land Thinking Unboxed' Keppel TM *4 *3 r um r ii miz Wm.' if Imv. l Vo ImHillllinPI" 1 mm iff! I 2 ri mg,] m mn t ■■■>
      331 words

  • Page 4 Advertisements
    • 103 4 SH s r 0 WWCP '"I I 3 m m F-Digital Deluxe turns every bathroom into an exclusive private home spa. By touching the "dry zone" controller you can now choose your own combination of lighting, sound and steam three vital elements that have a positive effect on our physical,
      103 words

  • Page 5 Advertisements
    • 1541 5 ADVERTISING FEATURE UOL SCORES WITH RIVERBANK@FERNVALE LAUNCH CLOSE TO NATURE LUXURIOUS AND AFFORDABLE 1 and 2 bedroom units fully sold within the first 2 weeks. 8$% of launch units sold. Investors and upgraders see good value propositions. I K i I t a Km ■I m ri r r i
      1,541 words



  • Page 8 Advertisements
    • 60 8 HEART MADE. HAND FINISHED. aL I k I zk AzJ N, B lh 11 Visit us at our 7,000 sqft designer showroom! Roca LAUFEN AXOR TECE: t teorema KERAMAG GEBERIT it Bathroom Culture since 1S91 D \nvw.Iauten.com Carers 26 Tai Seng Street #01-02/03 Singapore *****7 Monday Saturday; 10am 7pm Sunday:
      60 words



  • Page 11 Advertisements
    • 179 11 Pricesfrom $1,200psf THE FULL PICTURE OF CITY LIVING ONLY5UNITSLEFT FOR4-BEDROOMUNITS Artist’s Impression Showsuite Photo 10-MINDRIVE TOSPORTSHUB FROM$1.6MONLY 5-min walk to Boon Keng MRT and 10-min drive to CBD 10-MINDRIVE TOORCHARDROAD Malls, reputable schools, ABC Waters Programme at Kallang River and future Sports Hub nearby Boon Keng MRT 5 min LIFESTYLES
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    • 245 12 Starck KM Organic C Follow your Head u d 9 an you r Heart i‘ i v I 'M t y r Water Efficiency V Good Water Consumption: 4.80 litres/min Type of Product: Basin Taps and Mixers Brand: Axor Model: STARCK ORGANIC ***** Reqno.: BST-2013/*****0 Designed by Philippe Starck, Axor
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  • Page 13 Advertisements
    • 321 13 oliton o o eco s CUTIVE CONDOMINIUM Vt o<0 w at p 11* 9 s s <89£ J £s 4 E vv»[. '^SSifcSS B v* v& iS pmn *mw tempts* rPt. A r /jMi iMul. ■■>-> f; V --v-.r-ri H SR >> .-OTi'inm /f: n.: MiSaoUai iiy in ?T. t
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  • Page 15 Advertisements
    • 475 15 MCC LAND (SINGAPORE) PTE LTD m if ip ft s a IvVOC, 1 Forestville Horizon Sea 4 Vi i c;dtf£ St h SeJSi f: a 6* H a S j i' 'M -c IB r fti SSSai A A m 5 it i i i t= ™-7l! r a t
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  • Page 17 Advertisements
    • 1092 17 Advertorial Built To Last Established players in the construction industry, Master Contract Services Pte Ltd and Keong Hong Construction Pte Ltd, have each chalked up invaluable experiences in their various projects. Together, they are now bringing new developments to fruition. Master Contract Services started from its humble beginnings in the
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  • Page 22 / 23 Advertisements
    • 196 22 / 23 4 ft. K L OUR COMMITMENT 12 Frank 1 TO TURN DREAMS INTO REALITY RESIDENTIAL SERVICES Project Consultancy Marketing Our project consultancy team works hand-in-hand with developers on a suite of diverse projects, to formulate development concepts, target segmentations, pricing structures as well as sales and marketing strategies to maximise
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  • Page 24 Advertisements
    • 114 24 MARBLE GRANITE ONYX TRAVERTINE SANDSTONE Artisans of the trade. A heritage set in stone'. As a leading supplier of exceptional stone products, we have spent years perfecting our craft. Using the latest in stone processing technology, we have the ability to customise and transform your preferred marble selection into top-notch
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  • Page 25 Advertisements
    • 380 25 Builder of Distinction Setia SPSETIA BHD GROUP iV r Qanctuary ECO .1 11 mi 1 i (Hi) I ffL v .Vrv i nUt*- •<: y. -ir wfc I 'Mum m \-y. aw mi j-iw* T K *i >- »i I Slu 11 OH msa T II I V > .M.Z7-
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  • Page 26 Advertisements
    • 63 26 OUR SUITE OF REAL ESTATE SERVICES Sales Leasing Brokerage Investment Sales Corporate Advisory International Sales Australia, Malaysia Indonesia Project Development Consultancy Project Marketing Consultancy Research Consultancy SLP International Property Consultants Pte Ltd 2 Bukit Merah Central #22-00 Singapore *****5 1(65)6238 1012 F (65) 6238 1487 www.slpintl.com Estate License No. L*****18D
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  • Page 27 Advertisements
    • 686 27 Md ECO BOTANIC v AMONGST SOFT GRASS AND PURE CLASS BEYOND THE GATES OF THE BOTANIC PARADISE OF ISKANDAR MALAYSIA NEXT TO EDUCITY ill; SSr 11 Mill i I hi i ■'m M mm M ft m. hi ■i« -i* ■2?SrS* Sife. eB JIt* 7*t tV f 1 T 5i
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  • Page 29 Advertisements
    • 1447 29 Mk MAH SING GROUP A Premier Lifestyle Developer Malaysia Multi-Award Winning Developer THEl /tyt ttyti// 1 /Jet f/rytft I /t ft ttA 2013 For 4 Consecutive Years nDDHDNi mm REAL ESTATE AWARDS" 2012 Best Developer Malaysia 2008.2009,201 1 &2012 PUTRA BRAND AWARDS Property Development BEST COMPANIES TO WORK FOR IN
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  • Page 31 Advertisements
    • 263 31 horizon hills one with nature A ■J V •I irsT' sss- 1* fI Y STA I N A. JUST LIKE MY HOME, IT GETS BETTER WITH TIME Launching of D'Suites Sat, 22 March, 2pm to 9pm D'Suites Show Village 7 &eam OF EXCELLENCE Strategic Partnership: GAMUDA land ENRICHING LIFE UEMd
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  • Page 33 Advertisements
    • 189 33 Elevates f i Luxurious Living for the Straits Urbanites IMPERIO RESIDENCE Cutting Edge Innovation Designed to offer futuristic lifestyle standards for the new generation, Imperio Residence is destined to be a gem investment in the property market. The contemporary condominium blocks are made up of cascading U-shaped towers, equipped with
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  • Page 34 Advertisements
    • 164 34 if4*/vP. (fL r S' V0**. r £rZ7f*$r-*’ rfjr 1 ,r< t*” iT* 'i- «%r H* se r>* 5w 'V*; S»s> as& ■Tf Prime Beachfront Land on Koh Lone Freehold Land Covers 3 beautiful white sand bays 135 rai (216,000 sq.m.) facing Phang Nga Bay Phuket Island 15 minutes away from
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  • Page 35 Advertisements
    • 345 35 CAPITA!An iconic development the neu; heartbeat of Johor INVEST IN THE NEW RETAIL MALL 0F JOHOR BAHRU Poised as the first global-themed shopping mall, the Capital City Sales Gallery features five of the world's most exciting capital cities Hong Kong, London, Amsterdam, Tokyo and Madrid. These iconic landmarks are recreated
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  • Page 37 Advertisements
    • 518 37 w THE TROPICANA COLLECTION When Tropicana first envisioned its resort-themed development in 1992, it set a whole new benchmark in luxury living in the country. In continuing with this vision, Tropicana now proudly presents its latest lifestyle collection located in Iskandar Malaysia and raises the bar 3 times higher. Tropicana
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  • Page 39 Advertisements
    • 337 39 M Ayala Land P REMIER J mm East Gallery Place HIGH STREET SOUTH TRANSFORMING SPACES. TRANSFORMING REALITIES. Ayala Land Premier, the Philippines' leading real estate developer, presents a selection of distinctive homes in Bonifacio Global City. A progressive and creative lifestyle district rooted in sustainability infrastructure, city management, and green
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  • Page 41 Advertisements
    • 431 41 L f H I Li lirh i ii H k LI j .11 Ji -‘iak #d •u j 11 L ««r i bitf n b i > e* fSML l U.JJilL* si -V 44 -t «f J LAUNCHING SOON I I’iL Pea r T S S j v -V REGISTER
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  • Page 42 Advertisements
    • 472 42 y/ u n*»n m tie ■or wnrriirs&SL ra TOwii’eriv® l-'ifnr r Imf f’TKL If Pwmm 1 i iii'ii- 1 i -,g n -vr ts&Jrs^M&at* -IRr- 'Z; r ,<!> "i l.—Hi i \r.% ■m 7-i_ )i L!1£J 1 y 1 5sS INTRODUCING LONDON’S LANDMARK TOWER AT THE PREMIER EXHIBITION ST REGIS
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  • Page 43 Advertisements
    • 385 43 JOIN US FO H C EST LAG V FOUR SEASONS HOTEL, WINDOWS EAST 20/F, 190 ORCHARD BOULEVARD, SINGAPORE *****6 North West Village is contemporary London living at its best; superconnected, with secluded gardens and fantastic shopping and leisure, right next to historic Wembley Stadium. Be part of one of the
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  • Page 44 Advertisements
    • 144 44 -IISSL ;S1W NO ONE KNOWS SINGAPORE PROPERTY QUITE LIKE US mix} n.v liflBaSfif* i rsarrr 3 -r- lijf I r* i i. ct*i «wii «*l rr.mn.n'", v s| sSSTT (&i IBS j»»« t tv* r >i*» SJBjB f I 2STZ V: >. vP n. fejbfeh C -Vi -:.-j- .a »i
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