The Business Times, 14 March 2014

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Microfilm: NL33075
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Friday, March 14, 2014
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  • Article
    Lock icon MAS to regulate virtual currency intermediaries
    726 1  -  New rules, likely to kick in within a year, largely hailed by local bitcoin exchanges By JOYCE HOOI joyceh@sph.com.sg [SINGAPORE] Singapore is set to be among the first in the world to regulate operators of bitcoin and other virtual currencies. In a pre-emptive strike
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  • Article
    Lock icon Stocks still look bullish after strong run
    1282 1  -  Volatility in emerging markets, US remains popular By CAI HAOXIANG haoxiang@sph.com.sg [SINGAPORE] Five years ago, in the depths of the global credit crunch, financial markets around much of the developed world were an unqualified mess. Today, global stocks are up some 140 per
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      58 1 LUXE TRAVEL Living it up when globe-trotting PAGE 17-23 PROPERTY BT Property Classifieds PAGES 26-28 EXECUTIVE LIFESTYLE The new art startups PAGE 35 Markets Digest, Page 2 PANERAI.COM HISTO RYan d HEROES RADIOMIR 1940 3 DAYS (REF. 514) AVAILABLE IN STEEL AND RED GOLD BOUTIQUE PANERAI SINGAPORE ION Orchard Tel:
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      15 1 Give and take The essence of the Budget debate captured in one infographic PAGE 4
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  • TOP STORIES
    • Article, Illustration
      Lock icon Bond defaults, major challenges ahead, says Li
      699 2  -  Govt to focus on environmental issues, growth and employment By in VIRGINIE MANGIN in Beijing CHINA’S economy will face major challenges this year and may see more debt defaults, Premier Li Keqiang said during the closing press conference of the National People’s Congress
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    • YUAN PLAY
      • Article
        Lock icon Singapore’s offshore market on the upswing
        809 2  -  Yuan loans as at end-December are up 25% from March at 300b yuan By JAMIE LEE leejamie@sph.com.sg [SINGAPORE] Demand for offshore yuan in Singapore appears to continue unabated, amid optimism over greater trade flows between China and Asean and as financial markets in Asia
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      • Article
        Lock icon Offshore yuan hubs should collaborate
        434 2  -  These centres must think ahead as Shanghai develops into global centre Reports by LYNETTE KHOO lynkhoo@sph.com.sg [SINGAPORE] There needs to be greater cooperation between offshore renminbi centres to enlarge the renminbi pie as Shanghai shapes up as an international financial centre, said a top Hong
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    • Article
      Lock icon THREE-MINUTE DIGEST
      195 2 MAS to regulate bitcoin intermediaries SINGAPORE is set to be among the first in the world to regulate operators of bitcoin. FRONT PAGE Stocks still look bullish after strong run GLOBAL stocks are today up 140 per cent from their 2009 lows. Yet asset managers are positive. FRONT
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    • Article
      Lock icon Demand for offshore yuan bonds not hit by volatility, defaults
      463 2 [SINGAPORE] Currency volatility and bond defaults have not dampened demand for the offshore renminbi (CNH) bond market. In fact, they stimulate the need for a wider range of offshore structured products on the currency, panellists at a conference on renminbi
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    • MARKETS DIGEST
      • Article
        Lock icon FOREX
        66 2 HST INDEX 3,081.39 (-16.04) HST INDEX FUTURES 3,075.00 (-16.00) HSIMSCI 347.96 (-1.60) HSIMSCI FUTURES 347.80 (-1.00) US$ S$ US$ (S$ per US$) 1 .266 (US$/S$ per 1.666 2.109 EURO (US$/S$/€ 1.396 1.767 Foreign currency per US$ S$ YEN 102.60 81.00 RM 3.276 2.587 HK$ 7.764 6.132 BAHT 32.33 25.53
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      • Article
        Lock icon MARKETS
        48 2 Thursday Change KL COMP 1,818.86 +0.26 NIKKEI 225 14,815.98 -14.41 HANG SENG 21,756.08 -145.87 SET INDEX 1,370.50 +14.08 JAKARTA COMP 4,726.17 +41.78 MANILA COMP 6,429.79 -32.68 SEOUL COMP 1,934.38 +1.84 SHENZHEN B 836.45 +7.91 MUMBAI IND 21,774.61 -81.61 10.30am EDT Change DOW 16,366.83 +26.75 NASDAQ 4,326.26 +2.93
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      • Article
        Lock icon PRIME RATES
        20 2 SINGAPORE MALAYSIA HONG KONG 5.35 TAIWAN 5.00 JAPAN 15.224 KOREA 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN Source: Bloomberg
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    • Article
      Lock icon Halimah: Ensure govt policies reach intended beneficiaries
      528 3  -  Parliament wraps up 9-day Budget and Committee of Supply debate BUDGET DEBATE Reports by LEE U-WEN leeuwen@sph.com.sg [SINGAPORE] Lawmakers in Singapore must ensure that the various policies mapped out in Parliament actually reach the people they are meant to benefit, said Speaker of
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    • Article, Illustration
      Lock icon Preschool made more affordable than ever
      525 3 Fee aid scheme now extends to middle income families too [SINGAPORE] Kindergarten fees will become more affordable than ever for the needy, with lower-income families forking out as little as a dollar a month in some cases. The government’s Kindergarten Fee Assistance Scheme (KiFAS),
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    • Article
      Lock icon ExxonMobil plans third cogen plant in Singapore
      479 3  -  By ronnie@sph.com.sg RONNIE LIM ronnie@sph.com.sg [SINGAPORE] ExxonMobil (EM) is planning to build a third co-generation (cogen) plant in Singapore its biggest manufacturing site worldwide with well over US$11 billion in plant investments to help it meet its in-house needs for utilities like power
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    • Article, Illustration
      Lock icon Tax-rated Why tax rates alone don’t reveal enough
      591 4 Taxes are fundamental to some of the key issues raised during the Budget debate. But simply focusing on the tax rate or tax revenues alone may be missing the forest for the trees. The Business Times looks at the bigger picture behind
      Source: Ernst & Young, Inland Revenue Authority of Singapore, Department of Statistics, Ministry of Finance, IMF; BT Graphic: Kenneth Lim, Simon Ang, Ludwig Ilio & Noordin Ayob  -  591 words
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      61 2 Sotheby's IMPORTANT WATCHES HONG KONG 8 APRIL 2014 V r It s o oi PATEK PHILIPPE A superb and extremely rare platinum minute repeating instantaneous perpetual calendar tourbillon wristwatch with leap year and day/night indication, in original seal, Ref 5207P-001, made in 2013 Estimate HK$5,200,000-5,200.000 US$670,000-800,000 Preview 15-16 March 2014
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      83 3 BNP PARIBAS sK 44 m 4 4 4 CIj I T4 4 14 M* m 4 41 Viilfli !Ti ♦in nm iim i II !P m i iiiM^Ly mu) jJ i 4.4l tia-HBH i K < <« IB li 1 The bank for a changing world r ii i i
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  • COMPANY NEWS
    • Article
      Lock icon Short-selling data still falls short
      677 5  -  HOCK LOCK SIEW By R SIVANITHY WHEN it comes to short-sell-ing disclosure in the stock market, the goal is to provide investors with a realistic and fairly accurate picture of how widespread the activity is and by extension a handle on the level of bearish
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    • Article, Illustration
      Lock icon Ascott wins Yangon, Wuhan management contracts
      323 5  -  By SHEENA TAN tsheena@sph.com.sg THE Ascott, CapitaLand’s wholly-owned serviced residence unit, has secured management contracts for its first property in Yangon, Myanmar, and its third property in Wuhan, China. Both are slated to open in 2018. Somerset Kabar Aye Yangon will have 153 units
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    • Article, Illustration
      Lock icon TTI brings Habitat back to S’pore with master franchise deal
      310 5 TT International (TTI) has signed a master franchise with French homeware specialist and furnishings retailer Habitat for 15 years, with the first store to be opened in huge retail store Big Box in Jurong East. The Habitat store in Singapore
      PHOTO: BIG BOX  -  310 words
    • Article, Illustration
      Lock icon Otto Marine to focus on chartering
      485 5  -  By MALMINDERJIT SINGH msingh@sph.com.sg OTTO Marine will be focusing more on its chartering business rather than its shipbuilding work going forward, despite delivering a complex vessel earlier this month that highlighted its ship-engineering capabilities. The Norshore Atlantic an advanced drilling ship, is said to
      FILE PHOTO  -  485 words
    • Article
      Lock icon Otto bags US$24.9m contract for three vessels
      234 5  -  By JACQUELYN CHEOK jaccheok@sph.com.sg OFFSHORE marine group Otto Marine has secured a US$24.9 million contract for three offshore support vessels to be deployed in Mexico and West Africa. The first of the three vessels, Redfish 4, will be deployed for work on long-term
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    • Article, Illustration
      Lock icon First Reit buys another hospital in West Java
      708 7  -  The $31 m deal will grow portfolio to 15 properties and raise asset base by 3.8% By ANGELA TAN angelat@sph.com.sg FIRST Real Estate Investment Trust (First Reit) has agreed to buy Siloam Hospitals Purwakarta in West Java, Indonesia, for $31 million in
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    • Article
      Lock icon Customer confidence in S’pore banks up
      729 7  -  By SIOW LI SEN lisen@sph.com.sg CONFIDENCE in Singapore banks is on the rise and many customers still prefer traditional banks, crediting them as decent service providers, a survey has found. But the bad news is that turnover is also high as one in two
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    • Article
      Lock icon Hutchison trust in tie-up to develop HK terminal
      263 7  -  By MALMINDERJIT SINGH msingh@sph.com.sg HUTCHISON Port Holdings Trust (HPH Trust) yesterday announced that it has joined hands with Cosco Pacific Ltd and China Shipping Terminal Development (CSTD) to develop a Hong Kong terminal, the Asia Container Terminals Ltd (ACT). HPH Trust entered
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    • Article
      Lock icon PLife Reit buys Japan healthcare assets
      438 7  -  By LEE MEIXIAN leemx@sph.com.sg BANKING on the resurgence of Japan’s economy and the growth of the country’s healthcare industry for an ageing population, Parkway Life Reit (PLife Reit) is acquiring two nursing homes and an extend-ed-stay lodging facility for the elderly in Osaka city
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    • Article
      Lock icon Ipco Q3 profit up on one-time gains
      181 7  -  By KENNETH LIM kenlim@sph.com.sg FAIR-VALUE adjustments and one-time gains more than doubled Ipco International’s fiscal third-quarter net profit, but the investment holding company remains stuck in a ninemonth loss. Net profit grew 168 per cent year on year to $40.8 million for the
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      227 5 T THE BRITISH CLUB OPEN HOUSE Bring your friends and family to The British Club Open House on Sunday, 16 March 2014 from 10am to 5pm. All visitors will be given a comprehensive tour of our wonderful facilities at both the Main Clubhouse and Sports Centre. That's not all, book
      227 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon China, Ukraine worries persist
      630 6  -  Weak trading session sees ST Index decline 16 points amid low turnover STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent LINGERING concerns over a slowing China and the continued political standoff in Ukraine made for a weak trading session yesterday, with the Straits Times Index (STI) dropping 16.04
      Source: Bloomberg  -  630 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 6 Mar 13 VALUE CLOSE BT OB/OS -252.00 +11.00 BT CADI -*****.00 +13.00 BT 10-day MA -*****.00 -25.00 FTSE ST Mid Cap 714.74 +0.76 FTSE ST Small Cap 536.72 +1.93 FTSE ST All Share 750.76 -2.61 FTSE ST China Top 197.85 -1.01 FTSE ST China 224.89 -2.15 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Albedo 177,470,000 Charisma Energy 155,937,000 HanKore 142,910,000 Ocean Sky 122,991,000 AdvanceSCT 113,514,000 KLW Hldgs 70,435,000 Vallianz Hldgs 63,812,000 Golden Agri 53,967,000 Thai Beverage 41,361,000 Memstar 40,967,000 VALUE($) DBS Grp 137,843,300 UOB 59,413,610 Keppel Corp 58,004,480 GLP 46,154,652 SingTel 45,809,900 Wilmar 42,587,830 OCBC Bk 39,399,730 Golden Agri
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 6 3 0 0 0 5 6 3 Manufacturing 51 40 44 5 9 8 56 49 52 Commerce 17 23 18 8 4 2 25 27 20 Tpt/Stor/Comms 18 17 5
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    • Article
      Lock icon BROKERS’ TAKE
      983 6  -  Compiled by KENNETH LIM Super Group March 13 close: S$3.54 CIMB Research, March 12 IF 2013 was a year of rebranding (for coffee) and market diversification (for non-dairy creamer), we see 2014 as a year for its new coffee markets to step up, its mainstay coffee markets to
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 24,752 24,752 87,044 87,044 Manufacturing 406,113 97,295 503,408 159,149 5,449 164,597 Commerce 150,801 301,251 452,052 63,282 26,998 90,280 Tpt/Stor/Comms 62,838 11,950 74,788 92,008 1,256 93,264 Finance 48,387 20 48,407 258,655 7 258,662 Construction 27,165 173,251
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      114 6 Stock name Close Change CapMallsAsia 1.760 -0.020 CapitaLand 2.780 -0.010 CapitaMall 1.895 CityDev 9.450 +0.110 ComfortDelGro 1.955 +0.005 DBS Grp 15.800 -0.050 GLP 2.760 -0.060 Genting SP 1.320 -0.005 Golden Agri 0.595 -0.015 HK Land 6.380 +0.010 HPH Trust US$ 0.635 -0.005 JMH 58.480 -0.560 JSH
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    • Article, Illustration
      Lock icon Euro hits two-year high on ECB support
      490 6 CURRENCIES Bloomberg [LONDON] The euro yesterday reached the highest level against the US dollar in more than two years as policymakers signal support for the region’s recovery. Australia’s dollar surged as employers added the most full-time jobs since 1991. The greenback remained lower
      Bloomberg; PHOTO: BLOOMBERG  -  490 words
    • Article
      Lock icon RISES
      113 6 BY CENTS CLOSE UP DBXT iBoxxSvEu 5US$ ***** 283.6 0.8 DBXT AUDCS 5US$ ***** 249.4 1.0 DBXT AUDCS 5SG$ ***** 240.0 1.0 GLD 10US$ ***** 227.9 1.4 Lyxor ThaiSET 10US$ ***** 220.3 1.4 DBXT EONIA 5US$ ***** 170.9 0.7 Lyxor Indonesia10US$ 8493 144.3 1.4 DBXT SPASX200 10US$ 4003 79.8
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    • Article
      Lock icon FALLS
      120 6 BY CENTS CLOSE DOWN JMH 5848 -70.9 -0.9 JSH 3320 -50.6 -1.2 DBXT FTVietnam 10US$ 2906 -26.6 -0.7 Lyxor Russia 10US$ 323 -21.5 -5.0 Keppel Corp 1045 -18.0 -1.7 DBXT MSJAP 10US$ 4436 -16.5 -0.3 DBXT MSKorea 10US$ 5961 -16.5 -0.2 DBXT AUD Bonds 5AU$ ***** -14.9 -0.1 DBXT
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      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
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      163 7 THE SOUND VISION SPECIALIST Zik The Headphone Bar Parrot Audeze Cypher Labs Atomic Floyd ALO Audio Beyerdynamic Fischer Audio Ultimate Ears Harman Kardon AKG FiiO RHA HRT KEF JAYS Audinst Earsonics Burson Shure Grade Denon Klipsch Zikmu Selection of over 200 models available i Zikmu Now: $2,688 I ZikmuSolo Now:
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      214 7 The HEAD Foundation is pleased to present a free public lecture entitled 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 may
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon No more drawdown from national granite stockpile
      462 8  -  Last month’s supply disruption has eased; situation returning to normal: Khaw By KELLY TAY kellytay@sph.com.sg THE government will no longer be releasing granite from the national stockpile, as last month’s supply disruption has eased. In a blog entry posted yesterday evening, National Development
      FILE PHOTO  -  462 words
    • Article, Illustration
      Lock icon National drive to save water intensifies
      437 8  -  PUB and partners line up activities for World Water Day By SHEENA TAN tsheena@sph.com.sg AMID the uncertainty about when the dry spell will end, or whether it will develop into an El Nino year with worse conditions, PUB’s chief executive, Chew Men Leong, said
      FILE PHOTO  -  437 words
    • Article, Illustration
      Lock icon Hng Kiang: Furniture industry must look overseas for growth
      358 8  -  By KARA QUEK karaquek@sph.com.sg THE furniture industry can expect another year of economic growth but must look beyond a small domestic market, innovating and internationalising in order to truly grow, said Minister for Trade and Industry Lim Hng Kiang yesterday. Speaking
      358 words
    • Article
      Lock icon Firms weather dry spell with water conservation
      429 8  -  By LISABELLE TAN lisatan@sph.com.sg COMPANIES here expect their existing water conservation framework to tide them through the dry spell that is predicted to persist beyond this month. The dry spell means less rainfall available for companies to use or recycle for various purposes,
      429 words
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      676 8 RENEWABLE ENERGY ASIA GROUP LIMITED (Incorporated in Bermuda) (Registration No. *****) NOTICE OF SPECIAL GENERAL MEETING Unless otherwise defined, all capitalised terms herein shall bear the same meaning as used in the circular dated 14 March 2014 issued by Renewable Energy Asia Group Limited (the “Circular”). NOTICE IS HEREBY GIVEN
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      46 8 n V J FIND THE ONES THAT FIT! TP 7 rvJ V n ci n C.^ Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruit@sph.com.sg to advertise. J if j J ESAT3 RECRUIT S m I x U ui m oJ
      46 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Johor tops in unsold property in Malaysia
      580 9  -  As at end-Sept 2013, the state had 15,077 residential units unsold: Landserve By PAULINE NG in Kuala Lumpur MALAYSIA’S Johor state still has the largest number of unsold residential units in the country despite it having registered a 22 per cent drop in
      580 words
    • Article
      Lock icon KL plans guide on socially responsible sukuk
      507 9 Move seen drawing new crop of issuers from the West Reu ters [KUALA LUMPUR] Malaysia’s Securities Commission (SC) plans to introduce guidelines for the issuance of “socially responsible” sukuk in an expansion of the standards covering Islamic bonds. Up to now, sukuk standards
      Reuters  -  507 words
    • Article
      Lock icon Indonesia’s Pertamina plans third palm oil tender
      305 9 Reu ters [JAKARTA] Indonesia’s Pertamina plans to float a third tender to buy palm oil for blending into biodiesel, an official of the state-owned oil firm said, signalling a strong start to the nation’s drive to step up usage of the alternative fuel.
      Reuters  -  305 words
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      74 9 THE FIRST 500 TO FLASH THE APP GET A FREE SLOOP OF ALFERO GELATO IH March CFrl) 12 noon 2pm Tanjong Pagar Entrance of 100AM Shopping Mali, 100 Iras Street 15 16 March (Sat Sun) 2pm Hpm Alfero Artisan Gelato, #02-226A/B, Marina Square Shopping Mall Limited to 500 per day
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China Jan-Feb data well below expectations
      379 10  -  Output, investment, retail sales numbers show economy slowing sharply By VIRGINIE MANGIN in Beijing CHINESE industrial output, investment and retail sales all slowed sharply for the first two months of the year, reinforcing concerns about how quickly the world’s second largest economy is slowing
      PHOTO: AFP  -  379 words
    • Article, Illustration
      Lock icon Modi pledges clean energy overhaul
      646 10 Bloomberg [NEW DELHI] Narendra Modi has not said much about how he would govern India if he wins the general election in May. One thing is clear, though: he is signalling a clean energy revolution to end blackouts and revive economic growth. The election frontrunner
      Bloomberg  -  646 words
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      676 10 A special Feature brought to you by ST ‘ROPERTY.sg Changes to HDB valuation Short term pain For long term gains feiiiiai.: iM ini liiiiuijjLJuiiii 1 m ujUii!!ii ini mils uiumiiii JiT»* IS®" jus- li ■T i.... j isuc iu i K. 111!. EM ■I-..I1 E m. mi immii! bl.i m
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  • WORLD
    • Article
      Lock icon Wall Street bonuses up 15% even as profits fall
      605 11 US$164,530 average bonus is highest since 2007 as firms seek top talent NYT [NEW YORK] On Wall Street, profits are down and the number of workers is shrinking. But bonuses continue to swell. Those payouts to Wall Street employees in New
      NYT  -  605 words
    • Article
      Lock icon Aussie dollar gains on jobs surge; kiwi hits record
      470 11 Bloomberg [SYDNEY] The Australian dollar gained against all 16 major peers after data showed employers added more than three times the jobs economists estimated. Government bonds fell, sending the benchmark 10-year yield to a one-month high, as full-time payrolls climbed by
      Bloomberg  -  470 words
    • Article, Illustration
      Lock icon US, Japan make some progress in trade talks
      610 11 Re uters [WASHINGTON] The US and Japan made some progress on resolving a deadlock over tariffs on farm and industrial exports which is dragging on a wider Pacific trade deal, a senior Japanese official said. Plans for a free trade agreement among
      Reuters; PHOTO: BLOOMBERG  -  610 words
    • Article, Illustration
      Lock icon Herbalife shares drop as FTC opens probe
      1053 12 Billionaire investor Ackman stands to gain on his US$1 b bet against company NYT [NEW YORK] The Federal Trade Commission said Wednesday that it had opened an official inquiry into Herbalife, the nutritional supplement company that has been the focus of a 15-month
      NYT; PHOTOS: REUTERS  -  1,053 words
    • Article, Illustration
      Lock icon South Korea investors ploughing cash into long-short funds
      850 12 Bloomberg [SEOUL] South Korean stock investors, fed up waiting for the Kospi index to recapture its 2011 record high, are ploughing cash into funds that can make money no matter which way the market is headed. Long-short funds, which bet on both
      Bloomberg; PHOTO: AFP  -  850 words
    • Article
      Lock icon Bank of Korea leaves key rate unchanged at 2.5%
      328 12 Seven-day repurchase rate has held steady for a 10th straight month, in line with forecasts Bloomberg [SEOUL] The Bank of Korea (BOK) left its key rate unchanged, supporting a rebound in growth as Kim Choong Soo gets ready to pass the
      Bloomberg  -  328 words
    • Article
      Lock icon European Parliament passes law on data privacy
      316 12 NYT [BRUSSELS] The European Parliament passed a strong new set of data protection measures on Wednesday, prompted in part by the disclosure of America’s vast electronic spying programme. But the chances that the provisions will eventually become law will depend on the 28
      NYT  -  316 words
    • Article
      Lock icon US$41b withdrawn from equities returns to ETFs
      651 13 Reversal latest sign of investor confidence in five-year US bull market Bloomberg [NEW YORK] Investors who beat a path out of global equity markets earlier this year are stampeding back in. More than US$41 billion has returned to US exchange-traded funds (ETFs) that
      Bloomberg  -  651 words
    • Article, Illustration
      Lock icon Global art sales near record at 47.4b euros
      589 14 US still the market leader; China a top buyer with UK and Latin America Bloomberg [NEW YORK] Global art sales approached their pre-crisis high last year, led by record prices for post-war artists and a jump in US auctions. Sales of art
      Bloomberg; PHOTO: BLOOMBERG  -  589 words
    • Article
      Lock icon BMW reports surprise Q4 profit gain
      583 14 Bloomberg [MUNICH] Bayerische Motoren Werke, the world’s biggest maker of luxury cars, reported a surprise 4.2 per cent gain in fourth-quarter profit, boosted by stronger demand for the 3-Series sedan and wagon. Earnings before interest and taxes rose to 1.95 billion euros (S$3.44 billion)
      Bloomberg  -  583 words
    • Article
      Lock icon Shell to cut spending in US, may sell more shale assets
      327 14 Company sticks to 2014-15 divestment target of US$15b Reuters [LONDON] Royal Dutch Shell will cut spending in its American exploration and production business by a fifth and could sell more of its shale assets, in another sign that oil
      Reuters  -  327 words
    • Article, Illustration
      Lock icon US tech giants hold billions in tax-free debt
      339 15 US Treasuries are held offshore partly to fund foreign expansion Reuters [LONDON] Four of the biggest US technology groups collectively hold an estimated US$124 billion in US Treasury debt, much of it offshore, earning them tax-free interest, the UK’s Bureau of Investigative
      Reuters; PHOTO: REUTERS  -  339 words
    • Article, Illustration
      Lock icon Staff linked to Banamex fraud face action: Citi
      739 15 Bank will consider cutting pay, clawing back compensation Bloomberg [NEW YORK] Citigroup Inc, the third-largest US bank, will consider clawing back compensation or shrinking 2014 pay for any employee linked to a US$400 million loan fraud at its Banamex unit in Mexico.
      Bloomberg  -  739 words
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      51 11 The Business Times [TRAVEL SUPPLEMENT FRIDAY, 14 MARCH Uncover The Latest In Luxury Travel! x 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 travellers the ultimate travel resource by SPH The Business
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      195 11 THE BUSINESS TIMES ‘ANDRE RIEU’ CONTEST andré rieu HIS JOHANN STRAUSS ORCHESTRA APRIL 16TH2014 4 new ways to buy tickets at the Singapore Indoor Stadium 1. Online at SPORTSHUBTIX.SG or ANDRERIEU.COM 2. Charge by phone +65 6333 5000 3. Box Of fice inside the Singapore Indoor Stadium 4. All SingPost
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      403 12 AT3 NOTICES In the Matter of The Companies Act, Cap. 50 and In the Matter of UG INDO-CHINA PTE. LTD. (In Member's Voluntary Liquidation! (Company Registration No. *****6668M1 ("the Company") On 10 March 2014, the Resolutions set out below were duly passed at the Extraordinary General Meeting of the abovenamed
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      123 12 In the Matter of the Companies Act, Cap. 50 And In the Matter of RITZ FORTUNE PTE LTD (In Members’ Voluntary Liquidation) Co. Reg. No. *****2104H NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the
      123 words
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      605 14 WATO NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices WE HOLDINGS LTD. (Company Registration No. *****0445D) (Incorporated in the Republic of Singapore) ADJUSTMENT TO THE NUMBER OF FY2013 WARRANTS OF THE COMPANY Unless otherwise defined, capitalised terms shall have the same meaning as ascribed to them in the Company's announcement dated
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      21 14 Grow Your Stock I Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices ESAT3 NOTICES CLA/FEB1 1/g
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      264 14 `="]@;=_`>_@""+|@<[=&&"^%:/_*>" IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF PACKETEXCHANGE (SINGAPORE) PTE. LTD. (In Members’ Voluntary Liquidation) Reg No. *****0336K (“the Company”) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting
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      482 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ALLIED METALCRAFT INTERNATIONAL (ASIA PACIFIC) PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****1100H) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of Allied Metalcraft International (Asia Pacific) Pte Ltd duly convened and held on
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      367 14 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF (1) SINGAPORE CLEAN ENERGY PTE. LTD. (REGISTRATION NO. *****3062C) (2) PHILIPPINES CLEAN ENERGY PTE. LTD. (REGISTRATION NO. *****6815C) (3) MANILA CLEAN ENERGY PTE. LTD. (REGISTRATION NO. *****6934W) (IN MEMBERS’ VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE
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      160 14 IN THE MATTER OF The Companies Act (Cap. 50) and In the Matter of Blount Pte Ltd (In Liquidation) Reg. No. *****1538W Notice of Final Meeting Notice is hereby given that pursuant to Section 308 of the Companies Act, Cap 50 that the Final Meeting of the MembersoftheabovenamedCompany will be
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      3694 15 ASIA-PACIFIC STRATEGIC INVESTMENTS LIMITED (Company Registration No.: *****9901H) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Asia-Pacific Strategic Investments Limited (the "Company”) will be held at Antica 1, Level 2, Orchard Parade Hotel, 1 Tanglin Road, Singapore
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      285 16 THE STRAITS TIMES WHEREVER YOU ARE LIFE'S A REWARD WHEN YOU SUBSCRI BE 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 nexus 10 3 YEAR PLAN 1 P 4| “a p
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  • LUXE TRAVEL
    • Article, Illustration
      Lock icon Living it up in a New York hotel
      1317 17  -  We visit two iconic hotels that have been updated for the 21st century and a third that’s taken its brand to China. ByFRANCIS KAN ByFRANCIS FRANCIS KAN The Mark Hotel, New York City RETAILERS that are open round the clock are nothing
      1,317 words
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      Lock icon The only great way to fly
      650 20  -  An online marketplace for jet charter is bringing the dream of flying in your own plane to a wider audience. By francis kan ByFRANCIS FRANCIS KAN OWNING a private jet is probably considered the greatest of extravagance; an exorbitant big-ticket item reserved only for
      650 words
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      Lock icon How Victor works
      159 20 VICTOR has access to over 600 contracted aircraft and can offer route combinations between 40,000 airports. On its website, flyvictor.com, members can see information on the pricing and availability of private jets from hundreds of the operators, allowing you to make comparisons on the spot. Members can
      159 words
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      Lock icon Getting a seat at the table
      792 21  -  KANlooks at how you can score that highly coveted invitation to dine at the captain’s table on a cruise ship FRANCIS KA N IN the world of luxury cruises, being invited to dine with the ship’s captain is an honour reserved only for a
      792 words
    • Article, Illustration
      Lock icon Iceland’s literary tour de force
      642 22  -  The Icelandic capital of Reykjavik will delight book lovers looking for a literary destination that’s off the beaten track. ByFRANCIS KAN ByFRANCIS FRANCIS KAN TO outsiders, Iceland is a destination to marvel at natural wonders such as the powerful, two-tier waterfalls of Gullfoss that partly
      642 words
    • Article
      Lock icon A celebration of literature
      268 22 THERE are a number of festivals in Reykjavik that have played a vital part in the city’s cultural life for decades. Reykjavik International Literary Festival This festival has been held biennially since 1985. It is respected both at home and abroad and boasts an impressive guest
      268 words
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      Lock icon Luxury travel deals online
      209 23  -  Homegrown Luxe Nomad targets the affluent, Internet-savvy traveller. By francis kan ByFRANCIS FRANCIS KAN THE Luxe Nomad is a homegrown, high-end travel website targeted at the affluent, web-savvy traveller looking for a curated list of destinations to save time. Luxe Nomad chief executive officer Stephanie Chai,
      209 words
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      Lock icon A taste of paradise
      252 23 AMONG TheLuxeNomad.com’s many destinations is Song Saa, a private island resort in Cambodia. Here is a review of it from the website: “Sitting among a lush cluster of mostly untouched islands, Song Saa is situated in Cambodia’s spectacular Koh Rong Archipelago, a haven of unexplored rainforests,
      252 words
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      63 17 emirates.com/sg Explore new worlds in every bite Go on gourmet adventures with each course from our regionally inspired menus. From Asian delicacies like teriyaki salmon to traditional South American calabaza soup. Savour global flavours that take you places. Lie-flat Business Class seats Earn Skywards Miles 40kg baggage allowance For more
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      171 18 fr. jtrr* 40 Vv?{4? a >■ \-i A V> HE >■: SCS a* as KSi H ■f.: SS --.•V l ,U ■i m. V a* .y *3* fSW > •v .-'■■■> wm. S t i#o. rvvs S pr y>: d* H -1 sJ< v t 1 f rtP J 1
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      941 19 Modern Lu>Tury A luxurious vacation that leaves you completely restored and renewed. World Best Award Mega-SI Cruise Li Best Dining Ship Celebrity Lines if V f d as SV. Jif jk- -J'X r L* Z .> J vwraassSSSSpr *<•. a* as/ > vl- rt; 4tV.lWV.ii.*-* mirl *.i saa mmmm west.
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      2 20 JAPAN SOUTHEASTASIA
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      282 20 INSIGHT VACATIONS The ylri of Touring in Style > UNFORGETTABLE K LUXURY tsl 4HI il ur ini 1 5* I Experience some of the world's most sought-after destinations in unrivalled luxury, elegance and style on an Insight Vacations Gold luxury tour. Wherever you decide to go, we'll take care of
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      431 21 NORWEGIAN CRUISE LINE www.ncl.com f 0** X NORWEGIAN \j E* NORWEGIAN GETAWAY g CRUISE TO THE ULTIMATE GETAWAY Get ready for more amazing freestyle cruise experiences on the recently-launched Norwegian Getaway setting sail from Miami. GETAWAY GROUNDBREAKING ENTERTAINMENT Enjoy highly-acclaimed entertainment exclusively on Norwegian Getaway. Be treated to performances by
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      190 22 FROM SINGAPORE TO OVER 45 DESTINATIONS ACROSS AFRICA fcfe* \*r' a t SINGAPORE TO ALL-IN ECONOMY RETURN FARES from JOHANNESBURG 958 NAIROBI 1,305 ADDIS ABABA $1,308 DARES SALAAM $1,317 MOMBASA 1,334 ZANZIBAR 1,336 KILIMANJARO 1,383 Terms Conditions Above fares are inclusive of all taxes fuel surcharge and could change due
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      219 23 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
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  • EDITORIAL & OPINION
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      Lock icon Ethical standards in finance still fall short
      537 24 EDITORIAL THE 2008 financial crisis so epitomised greed and misselling of investment products that one thought one had seen the worst of the finance industry. But then came the scandal over the manipulation of the benchmark Libor interest rate, over which a number
      537 words
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      Lock icon Putin’s Ukraine gamble may backfire
      690 24  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group [WASHINGTON] It is a stunning comparison that, in some ways, explains everything about the crisis in Ukraine. Back in 1990, average per person incomes in Poland and Ukraine were roughly equal, about US$8,000 in each
      The Washington Post Writers Group  -  690 words
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      Lock icon Harnessing the benefits of knowledge management
      1141 24  -  The KM toolkit can help startups become smarter, more innovative organisations By and THOMAS MENKHOFF JENNIFER CHONG The writers are, respectively, professor of organisational behaviour and human resources at the Lee Kong Chian School of Business, Singapore Management University (SMU), and academic director of
      PHOTO: AFP  -  1,141 words
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      Lock icon IDM sector faces funding challenge
      1223 25  -  Interactive and digital media industry gaining traction, but its growth is hindered by a dearth of further investments By CHAN YI WEN The writer, a final-year finance major at NUS Business School, is a BT intern THE local Interactive Digital Media (IDM) sector has flourished
      PHOTO: FRAUNHOFER IDM@NTU CENTRE  -  1,223 words
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      Lock icon Keeping cyber attacks at bay with good security practices
      974 25  -  By MARK BILLINGTON The writer is regional director, ICAEW South East Asia THE spread of Internet connectivity has made cyber security more important than ever. Cybercrime now affects businesses of all sizes and across all sectors. This is increasingly so as
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    • Article
      Lock icon Defence budgets of Asia, US go opposite ways
      947 25  -  By SHAHID JAVED BURKI The writer, a former finance minister of Pakistan and World Bank vice-president, is visiting senior research fellow at the Institute of South Asian Studies, an autonomous research institute of the Na tional University of Singapore WITHIN the space
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  • PROPERTY
    • Article, Illustration
      Lock icon Local govt curbs hit China home sales for Jan and Feb
      371 26 Value falls 5% to 598b yuan, volume dips 1.2% Bloomberg [SHANGHAI] China’s home sales fell in the first two months of the year as local government property measures to rein in rising prices weakened buyer sentiment. The value of
      Bloomberg; PHOTO: REUTERS  -  371 words
    • Article
      Lock icon UK house price growth eases in February
      383 26 Strong expectations for rising prices and activity suggest recovery still has a long way to run: poll Reuters [LONDON] British house prices rose at the slowest pace in six months in February, but strong expectations for rising prices and activity suggest the housing
      Reuters  -  383 words
    • Article
      Lock icon HK-listed China developer’s profit up 23% at HK$23b
      428 26 Bloomberg [SHANGHAI] China Overseas Land Investment, the country’s biggest developer by market value listed in Hong Kong, said that 2013 profit climbed 23 per cent on gains from property revaluations and sales. Net income rose to HK$23 billion (S$3.7 billion), or HK$2.81
      Bloomberg  -  428 words
    • Article
      Lock icon Google hunts for retail space in NY Soho
      339 28 It is considering 131 Greene Street for its first stand-alone retail outlet Bloomberg [NEW YORK] Google has been prowling Manhattan’s Soho neighbourhood in search of a location for its first stand-alone retail outlet, according to a local real estate broker. The search-engine
      Bloomberg  -  339 words
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      Lock icon Falling Manhattan condo rents offer respite
      805 28 Bloomb erg [NEW YORK] Manhattan apartment dwellers are getting some relief after two years of rent increases that brought tenant costs close to a new peak. The median monthly rent fell 2.8 per cent last month from a year earlier to US$3,100, according to
      Bloomberg; PHOTO: BLOOMBERG  -  805 words
  • Page 26 Advertisements
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      549 26 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. Ron 9852 9055 D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa 3½-Storey 8159 sqft,6+1 ensuite, 2 living,
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      Lock icon Page 26 Advertisements Column 2
      135 26 D20 HOUSE FOR SALE ELLINGTON SQUARE Luxury Semi-D Elevated 3 storey corner. 6+1 rms pool 4047 6340 sqft. Next to park. Unblocked. Call Keith Tay 9455 1226 OT D20 HOUSE FOR SALE PEIRCE RESERVOIR VICINITY Peirce Reservoirs Vicinity. Rare 2-storey Corner Semi-Detached, approximately 2210/ 2400 sqft. 4+1. Lush. Nice! Call
      135 words
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      260 27 D05 APARTMENT FOR SALE BLUE HORIZON New Listings!!! Blue Horizon. 2 rooms, 936 sqft, mid floor $1200 psf 3 +1 rooms, 1227 sqft, high floor $1150 psf. Call for appointment now! D05 APARTMENT FOR SALE BOTANNIA Rare botannia Penthse duplex. 2637 sf. 4 bdrms Spectacular view. Reno w/ roof terr.
      260 words
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      245 27 D10 APARTMENT FOR SALE GOODWOOD RESIDENCES Star Buy Of The Week! Goodwood Residences. Freehold, Just TOP! Luxurious fittings. Impressive Design. From $21XX psf! Stefanie 9640 3389 D10 APARTMENT FOR SALE THE GRANGE The Grange/ Goodwood Residence. 2302/2497sf. 4+1 bedrooms. Unblocked. Spacious, good layout. www.*****783.com D11 21 APARTMENT FOR RENT LA
      245 words
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      Lock icon Page 27 Advertisements Column 3
      260 27 D18 APARTMENT FOR SALE NEW PROJECT LAUNCH Attractive Pricing from $5xxK. 1 to 5 bedrooms available. Matured Estate Near Future MRT, Excellent view of Tampines Quarry. Grab!! D10 HOUSE FOR RENT DUCHESS ROAD D10 Duchess Road, new built bungalow. Pool, 7+1, Terraces, ramp access. Quiet. Easy access. MRT 2016. Amenities.
      260 words
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      Lock icon Page 27 Advertisements Column 4
      236 27 D26 HOUSE FOR RENT TUNG PO AVENUE Newly renovated split level semi-D. 5-bdrms. 2 huge living areas. 5 toilets. $8.5K neg. Call Grace Ng 9855 0311. D04 APARTMENT FOR RENT AZURE SENTOSA COVE #02. Sea-facing. 3+1 bedrooms, 1800 sqft. Asking $8.5k. Available in May. Interested please call 9863 5635 9727
      236 words
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      Lock icon Page 27 Advertisements Column 5
      222 27 D11 21 APARTMENT FOR RENT D’CAMBRIDGE Pool view 3+1 rms. Designer decor. Fully furn. Huge balcony. Near MRT/ mall. Avail 1st April. Must view! Call *****003 Minit D11 21 APARTMENT FOR RENT SETIA RESIDENCES 4+maids room, 3348sqft, Exclusive unit on one flr. Private lobby. Panoramic view of city. $17k neg.
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  • Page 28 Advertisements
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      498 28 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WAT-S D04 FACTORY FOR SALE CENDEX CENTRE Very Cheap! 1152sf. Superbly Fitted, High Floor Good Corporate Image, Selling Vacant. Don’t Miss. Stephen Yeo 8418 7778 D07 OFFICE FOR SALE SUNSHINE PLAZA Prime strata office. 4% yield, next to Bencoolen MRT, sizes fr
      498 words
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      Lock icon Page 28 Advertisements Column 2
      56 28 FOREIGN PROPERTY FOR SALE CONDOMINIUM IN PHILIPPINES Manila Bay Monarch FH Condo. Near 4 Casinos, Mall of Asia. Rental g’teed by Developer. Capital appreciation. Easy payment. Price from S$120K. FOREIGN PROPERTY FOR SALE PUTERI COVE RESIDENCES 10 mins fr Tuas. Resort like living with beautiful marina sea view. Freehold. SOHO/
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon US suspects MH370 flew for five hours
      551 29 Plane may have been diverted ‘with the intention of using it for another purpose’ AFP [WASHINGTON] US investigators suspect a missing Malaysian airliner was in the air for four hours after its last confirmed contact, and may have been diverted to an unknown
      AFP; PHOTO: REUTERS  -  551 words
    • Article
      Lock icon Manila air-drops food to troops on disputed shoal
      798 29 Move follows blocking of 2 supply ships by China Reuters [MANILA] The Philippines air-dropped food and water to soldiers posted on a grounded transport ship on a disputed South China Sea shoal, after China blocked two supply ships from reaching the troops,
      Reuters  -  798 words
    • Article
      Lock icon Deutsche Post says air-freight losing sales to ships
      293 29 Bloomberg [FRANKFURT] Deutsche Post said that global air-freight demand faces sustained pressure from the move to ship-borne cargoes, where margins for freight forwarders are typically lower, with the ex-press-delivery market more buoyant. “There has been quite a significant shift from air freight
      Bloomberg  -  293 words
    • Article
      Lock icon TRANSPORT STOCKS
      234 29 SGX '000 Mar 13 S$ +/-Vol Ch Offshore 0.40 -0.01 21 Chuan Hup Hldg 0.26 unch 121 '000 Cwt Limited 1.32 0.02 250 s$ First Ship Lea Vol Grand Banks 0.40 Jaya Hold Ltd 0.78 unch 500 K1Ventures 0.20 unch 2917 Keppel Corp 10.45 -0.18 5501 Mercator Lines
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      Lock icon Boeing in talks with India airlines on 737 MAX jets
      422 29 It forecasts sector to grow more than 5 times over 20 years Reuters [HYDERABAD] Boeing is in talks with Indian airlines Jet Airways and Air India about the sale of its 737 MAX jets, a Boeing executive told Reuters yesterday,
      Reuters; PHOTO: BLOOMBERG  -  422 words
  • Page 29 Advertisements
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      37 29 ACTOR WITH A CAUSE Aamir Khan is back on TV with his social chat show Birth centenary of Tamil language ambassador GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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      Lock icon Page 29 Advertisements Column 2
      31 29 HOW ARE YOU LIVING THE NEW YEAR? DO ONE RANDOM ACT OF KINDNESS DAILY LOVE MORE TRY SOMETHING NEW EVERYDAY SPEND MORE TIME WITH MUM BE A BETTER LISTENER KISS MORE
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  • Article
    Lock icon SHIPPING TIMES
    2355 30 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 31 Advertisements
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      126 31 mporters ooking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II 1 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES
      126 words
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      Lock icon Page 31 Advertisements Column 2
      18 31 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3113 32 Transaction date: Mar 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 Company Last 14 10.4 8Telecom Vol Day Last Quote ('000) High Low Buyer Seller 11.5 7 AEM --AAT Net P/E
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      Lock icon SGX CATALIST
      287 33 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 Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale ('000) High Low Buyer Seller
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    • Article
      Lock icon UNIT TRUST & FUNDS
      11409 33 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FuncTCI A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.2/ Aberdeen Asset Mgt Asia Limited Global Emerging Markets!** Asian Smaller Cos! China Opportunities' 1.8729/ 2 6327/ EM Local Ccy Bond 0 8805/ European Opportunities!" 1.3285/ Global
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    • Article
      Lock icon GLOBALQUOTE
      249 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 35.5 Genting HK US$ US40.5 -0.5 3859 41.5 40.5 40.5 41 2666.7 Sale 318 191 TanChongInt HK313 +18 396 313 304 311 314 4.3 2.2
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    • Article
      Lock icon SGX ETF
      1126 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 121 108.3 ABF SG Bond ETF 112.4 10 112.4 112.4 112.5 113 513.1 143 119 CIMB APAC Div 100S$D 123.8 +0.4 123.8 123.8 122.6 125.1 114.4
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      701 34 Mar 13 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.72 *****.84 *****.48 Mar14 *****.00 *****.00 *****.00 *****.00 *****2 *****9 Jun14 *****.00 *****.00 *****.00 *****.00 *****0 *****5 MSCI TAIWAN INDEX FUTURES SPOT 308.21 309.57 307.90 Mar14 304.20 309.50 303.50 308.20 ***** *****4 Apr14 303.70
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 34 In local curr In S$ In US$ dy yr dy yr dy yr Mar 12 Index Change Change Change Change Change Change World Preliminary 1184.3 -0.5 0.0 -0.3 0.7 -0.4 0.2 EAFE Preliminary 938.3 -1.1 -1.9 -0.8 -0.4 -0.9 -0.8 Europe Preliminary 1351.7 -0.8 -0.2
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 34 Mar 13 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.005 5.567 0.650 7.043 55.359 103.234 0.931 9.699 2.972 1.058 88.946 40.427 1.149 9.778 0.790 27.517 29.324 0.544 0.907 Canada 0.995 5.540
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    • Article
      Lock icon SIBOR
      34 34 Mar 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
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    • Article
      Lock icon GOVERNMENT SECURITIES
      80 34 Mar 13 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-16 101.55 101.61 101.61 5-Year NX*****W 2.5 01-Jun-19 105.14 10-Year NX*****H
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    • Article
      Lock icon PRECIOUS METALS
      138 34 Mar 13 GOLD(US$/oz) Mar 13 Mar 12 Hong Kong 1373.00 1361.00 Mar 12 Mar 11 London 1365.36 1341.22 1366.13 1341.86 Source: Thomson Reuters CAST BAR Mar 13 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 125 56 5gm 356 278 10gm 636 557
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    • Article
      Lock icon PALM OIL
      57 34 Mar 13 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 14 2900.0 2859.0 2900.0 2900.0 1 857 Apr 14 2865.0 2839.0 2869.0 2816.0 1716 8808 May 14 2839.0 2821.0 2852.0 2802.0 ***** ***** Jun 14 2815.0 2799.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 34 Mar 13 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1485 1.1487 0.9071 0.9072 Canadian dollar 1.1427 1.1433 0.9029 0.9025 Euro 1.7668 1.7672 1.3955 1.3957 NZ dollar 1.0857 1.0863 0.8575 0.8579 Sterling pound 2.1092 2.1097 1.6659 1.6662
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 34 Mar 12 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 14 1381.75 1411.50 1402.50 1363.50 May 14 1387.00 1413.00 1407.25 1365.50 Jul 14 1368.50 1391.25 1388.25 1350.25 Aug 14 1329.25 1350.75 1346.75 1314.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 14
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    • Article
      Lock icon LIFFE
      94 34 Mar 12 COCOA (£/tonne) Close Prev High Low Mar 14 1847 1866 1868 1842 May 14 1851 1878 1880 1844 Jul 14 1852 1877 1877 1844 Sep 14 1855 1879 1880 1845 COFFEE(US$/tonne) Close Prev High Low Mar 14 2251 2245 2275 2222 May 14 2200 2180 2218 2155
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1131 34 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv Asia-Pacific Strategic W*****6 Exer Acma Ltd W*****7 Prem Disc Ascendas Reit MB eCW*****1 2 0.2 210 1 Ascendas Reit MB ePW*****1 1.1 0.2 200 1 Asiatic Grp(Hldgs)
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 34 CRUDE OIL PRODUCTS Mar 12 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.26 -0.45 WTI (Near Mth) 98.02 -1.79 Dubai (1-Mth F) 103.57 -0.73 Tapis blend 112.95 -0.69 Minas 108.05 -0.69 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 101.47 -0.06 Jet Kerosene 119.57 -0.81 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 34 Mar 13 S$ Bid Offer 1-month 1.2661 1.2662 2-months 1.2661 1.2662 3-months 1.2660 1.2662 6-months 1.2658 1.2660 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      66 34 Mar-12 Mar-12 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1715.50 1707.75 3 months 1758.50 1750.50 Copper, Grade A(US$/tonne) Cash 6528.75 6492.25 3 months 6505.00 6475.00 Lead(US$/tonne) Cash 2010.50 2021.25 3 months 2038.00 2049.50 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 34 As at 9am Mar 13 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.173 1.118 Can dollar 1.160 1.116 Euro 1.801 1.716 Sterling pound 2.143 2.061 NZ dollar 1.108 1.066 US dollar 1.292 1.231 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      157 34 Mar 13 $S Offer Bid 0vernight 0.04 0.03 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.10 US$ 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
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  • executive lifestyle
    • Article, Illustration
      Lock icon The new art start-ups
      1943 35  -  The growing arts market in Singapore has drawn new blood into the scene: professionals who’ve left their careers or diversifying from them to create new art startups, either in the form of art galleries or new art models. CHEAH UI-HOONfinds out why they went into arts-related
      PHOTO: YEN MENG JIIN  -  1,943 words
    • CINEMA/DINING
      • Article, Illustration
        Lock icon On the programme: anecdotes and attacks on ex-colleagues
        762 36  -  Legendary comedian John Cleese gives DYLAN TAN a sneak preview of his S’pore shows DYLAN TAN dylantan@sph.com.sg NO thanks to his hefty US$24.5 million divorce settlement, John Cleese has had to work harder than before in the last couple of years. By
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      • Article, Illustration
        Lock icon It’s no classic but still worth the journey
        520 36  -  By GEOFFREY EU THE Railway Man is a grim human drama that traces the extraordinary true story of Eric Lomax, a British officer who survived war, torture and forced labour at the hands of the Japanese only to return to the scene
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      • KITCHEN SHAKE-UPS
        • Article, Illustration
          Lock icon Sebastian Ng exiting Ember
          551 36  -  Reports by DEBBIE YONG debyong@sph.com.sg REST to walk further, goes a Chinese expression and that’s what chef-owner Sebastian Ng will be doing when he leaves Restaurant Ember at the end of next month. “After 12 years, I want to take a long break and get some
          FILE PHOTO  -  551 words
        • Article, Illustration
          Lock icon Bruno Menard to leave the Deliciae Group
          385 36 THE Deliciae Hospitality Management Group and top French chef Bruno Menard will be parting ways next month, both parties announced yesterday evening. The news comes about two years after the local food and beverage group headed by Frenchmen Olivier Bendel first brought Mr
          385 words
      • Article, Illustration
        Lock icon Labour of unbelievably romantic mush
        489 36  -  By GEOFFREY EU A CONVICTED murderer is on the loose in the quiet suburban town of Holton Mills, and the TV news is filled with reports of Frank Chambers’ (Josh Brolin) daring escape from hospital and the harm that he may inflict on the local
        489 words
    • MUSIC/ARTS
      • Article, Illustration
        Lock icon A veteran who is still in love with touring
        648 37  -  Musician Steve Vai, who performs in Singapore next Friday, tells DYLAN TAN that being on the road is like he’s ‘on vacation’ DYLAN TAN dylantan@sph.com.sg WHEN he straps on his guitar, Steve Vai might play like a mania c But off-stage,
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      • Article, Illustration
        Lock icon Classic British farce & satire about rules
        570 37  - Classic British farce satire about rules By CHEAH UI-HOON uihoon@sph.com.sg WITH the Singapore Repertory Theatre’s recent reputation for bringing in the blockbuster plays, its Made in Singapore platform last weekend was a welcome addition to the local playwriting scene. Made in Singapore was a double bill: A Wedding, a Funeral
        570 words
      • Article, Illustration
        Lock icon TAKING PARIS BY SONG
        156 37  -  By Rachel Loi IT doesn’t matter if you don’t speak a word of French, because none of the humour gets lost in translation in Sing’Theatre's latest production ‘A Singaporean In Paris’. This second restaging of the sold-out 2010 production is directed by local comedian Hossan Leong,
        156 words
      • Article, Illustration
        Lock icon Art from behind prison confines
        647 37  -  By uihoon@gmail.com CHEAH UI-HOON uihoon@gmail.com A STINT in prison changes a person, for better or worse. For Indonesian artist Angki Purbandono, 42, it marked a new direction in his art-making, and the art that resulted is a visually stunning installation with poignant stories behind the
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    • ARTS
      • Article, Illustration
        Lock icon Biblical images rendered in intricate Javanese script
        631 38  -  The unusual paintings of Indonesian artist Eddy Susanto take their inspiration from Albrecht Durer’s Christian images, reports HELMI YUSOF reports HELMI YUSOF helmi@sph.com.sg AT the Michael Janssen gallery in Gillman B arrac k s you’ll find 22 large you’ll find 22 large paintings
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      • Article, Illustration
        Lock icon Works that challenge conventional thinking
        620 38  -  By RACHEL LOI By rachloi@sph.com.sg WHEN Chinese contemporary artist Gao Weigang was a child, he was never very good at communicating with other kids his age. So, instead, he decided at a young age to turn to art as a way of doing things independently
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      • Article, Illustration
        Lock icon Constantly evolving in form and style
        565 38  -  By RACHEL LOI rachloi@sph.com.sg UPON clinching Singapore’s most prestigious arts award the Cultural Medallion two years ago, artist Ho Ho Ying revealed that he intended to spend the $80,000 grant that came with it on a solo exhibition of his past works. And this
        565 words
      • Around Town
        • Article, Illustration
          Lock icon Pick of the Week
          143 38 Art Appreciation: This weekend, Arnoldii Arts Club organises a series of art-related lectures, tastings and performances. Today, attend South-east Asian Artists to Watch, Making Sense of Available Market Information and a whiskey tasting by Whiskey Have. Tomor- row, attend similar lectures including conservation management and art
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        • Article
          Lock icon Exhibition
          298 38 Of Indeterminate Time or Occurrence: Appreciate the works of Heman Chong this weekend at his exhibition, entitled Of Indeterminate Time or Occurrence. It will feature four different bodies of works: Never (Again), After Bolano (After Duchamp), Cover (Versions) and The Forer Effect. A publication will accompany the exhibition and
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        • Article
          Lock icon Concert
          85 38  -  Compiled by CHEW HUI-YAN hychew@sph.com.sg Overdrive: Witness world renowned dancers and choreographers Akiko Kitamura (Japan) and Idan Cohen (Israel) collaborate with NUS dancers this weekend in a concert titled Overdrive: A Triple Bill. It will also feature Taiwanese HORSE Dance Theatre which will present an excerpt from Two Men,
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    • WINE/LEISURE
      • Article, Illustration
        Lock icon Wine collecting can be serious fun
        1039 39  -  It opens up a whole new world one of wineries, vineyards and gourmet societies, says NK YONG NK YONG WINE collecting is one of those pastimes which can be serious as well as fun. The serious part should never be so serious that it
        PHOTO: NK YONG  -  1,039 words
      • Article, Illustration
        Lock icon Second cat cafe in Singapore set to open in May
        453 39  -  By DEBBIE YONG debyong@sph.com.sg THE cat is out of the bag: Barely three months after Singapore welcomed its first cat cafe, Neko no Niwa, on Boat Quay on Christmas Day, a second one is already in the pipeline. To be
        453 words
    • MANAGED PRINT SERVICES
      • Article, Illustration
        Lock icon Ways to manage printing, cut costs
        3188 40 EVEN in the age of email and instant messaging the printed document still remains an important communication tool. This, coupled with the easy availability of printers, has resulted in an explosion of printing in offices. Predictably printing costs have gone up in tandem in
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  • Page 38 Miscellaneous
    • Miscellaneous
      Lock icon Page 38 Miscellaneous Column 1
      340 38 CRYPTIC CROSSWORD Across 1 Not an original way to increase the population (12) 9 Brandy butter sent back cold! (4) 10 Heat up salad it sounds like a bit of scientific theory (6,3) 12 Short British game suitable for outside (6) 13 Herb makes endless money by the way (8)
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  • Page 39 Advertisements
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      Lock icon Page 39 Advertisements Column 1
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