The Business Times, 27 March 2014

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Microfilm: NL33076
Total Pages: 32
1 32 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 Thursday, March 27, 2014
    25 words
  • Article
    Lock icon SIA’s $500m bond issue snapped up
    777 1  -  Sole bookrunner DBS says there was no range pricing because it was confident By SIOW LI SEN lisen@sph.com.sg [SINGAPORE] Singapore Airlines yesterday tapped the debt market with a bumper $500 million issue, the biggest non-financial corporate deal so far this year as bonds continue
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,143.32 (+39.15) GST INDEX FUTURES 3,143.00 (+39.00) GSIMSCI 355.50 (+4.26) GSIMSCI FUTURES 356.80 (+5.20) US$ S$ US$ (S$ per US$) 1.267 (US$/S$ per 1.654 2.096 EURO (US$/S$/€ 1.382 1.751 Foreign currency per US$ S$ YEN 102.30 80.70 RM 3.299 2.603 HK$ 7.758 6.123 BAHT 32.57 25.70 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Wednesday Change KL COMP 1,839.14 +1.97 NIKKEI 225 14,477.16 +53.97 HANG SENG 21,887.75 +155.43 SET INDEX 1,360.44 +6.43 JAKARTA COMP 4,728.24 +25.15 MANILA COMP 6,348.50 +12.16 SEOUL COMP 1,964.31 +23.06 SHENZHEN B 828.30 -2.21 MUMBAI IND 22,095.30 +40.09 12noon EDT Change DOW 16,396.74 +28.86 NASDAQ 4,228.32 -5.95
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    • Article
      Lock icon PRIME RATES
      21 1 SINGAPORE 5.35 MALAYSIA INDONESIA HONG KONG TAIWAN INDONESIA 15.157 TAIWAN 5.036 US 1.475 CANADA 9.33 BRITAIN 0.50 Source: Bloomberg
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  • Article, Illustration
    Lock icon 2014 to be strong year for IPOs: EY
    649 1  -  The 239 deals closed in Q1 raised a record breaking US$44.3b By MICHELLE QUAH michquah@sph.com.sg [SINGAPORE] This year is shaping up to be a robust year for initial public offerings (IPOs). The 239 deals closed in the first quarter, raising some US$44.3
    Source: EY  -  649 words
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      136 1 HOCK LOCK SIEW Addvalue deal: do the values add up? PAGE 7 OPINION 3D printing comes of age PAGE 23 ECONOMY S’pore industrial production rebounds in Feb PAGE 2 HOUSING Analysts still expect healthy demand for new BTO projects PAGE 12 RUSH FOR CASH China bank run enters 3rd day
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      9 1 Tampines condominium to launch on Saturday PROPERTY IPAGES 28-31
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  • TOP STORIES
    • Article, Illustration
      Lock icon S’pore factory output up 12.8% in Feb
      731 2  -  But economists still expect sequential pullback in Q1 GDP of around 0.5% By KELLY TAY kellytay@sph.com.sg [SINGAPORE] The Republic’s industrial output may have surged 12.8 per cent last month from a year ago, but this has done little to change economists’ expectations of
      Source: EDB  -  731 words
    • Article, Illustration
      Lock icon Facebook pays US$2b for virtual reality headgear firm
      667 2 AFP [SAN FRANCISCO] Faceb o o k o n T u e s d a y a n nounced a US$2 billion deal to buy a startup behind virtual reality headgear that promises to let people truly dive into their friends’ lives.
      AFP; PHOTO: AFP  -  667 words
    • Article
      Lock icon Fresh sightings of 122 objects
      680 2  -  They range from 1 m to 23m in length, 2,557km from Perth MISSING MAS PLANE By ANITA GABRIEL anitag@sph.com.sg [SINGAPORE] As the hunt for the missing Malaysia Airlines aircraft homed in on the southern part of the Indian Ocean yesterday, word emerged of fresh sightings
      680 words
    • Article, Illustration
      Lock icon Law firm to file suit against Boeing, MAS in US
      507 2 Reu ters [NEW YORK] A US-based law firm said that it expects to represent families of more than half of the passengers on board the missing Malaysian Airlines flight in a lawsuit against the carriers and Boeing Co, alleging that
      Reuters  -  507 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      344 2 SIA’s $500m bond issue snapped up SINGAPORE Airlines yesterday tapped the debt market with a bumper $500 million issue. FRONT PAGE 2014 to be strong year for IPOs, says EY report THIS year is shaping up to be a robust year for IPOs. The 239 deals that raised
      344 words
    • Article
      Lock icon Trust in govts has fallen in many countries: Tharman
      459 6  -  By JAMIE LEE By leejamie@sph.com.sg [SINGAPORE] The government service faces a challenge of retaining public trust in a more complex social and economic environment, said Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam yesterday. “It is a challenge all over the
      459 words
    • Article, Illustration
      Lock icon PM Lee: Singapore keen on new air transport deal with EU
      673 6  -  Luxembourg PM backs deal; says it’ll take a while before any talks can start By LEE U-WEN in Luxembourg City leeuwen@sph.com.sg SINGAPORE is eager to have a new air transport deal with the European Union (EU) that, if realised,
      PHOTO: STEPHANIE YEOW/THE STRAITS TIMES  -  673 words
    • Article
      Lock icon Important for S’pore to build up nuclear safety expertise: PM Lee
      460 6  -  By LEE U-WEN in The Hague leeuwen@sph.com.sg THERE are no plans to set up a research institute dedicated to nuclear energy in Singapore, but it is still important to build up capabilities in this area through other means, said
      460 words
    • Article
      Lock icon AirAsia India gets its first A320
      609 6  -  CEO says it’s one step closer to launching operations BY S JAYASANKARAN in Kuala Lumpur BUDGET carrier AirAsia’s Indian unit moved a step closer towards launching full-blown domestic operations in the country after AA-India received the first of its 10 new Airbus 320s at
      609 words
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      149 2 Own A Luxurious Condominium Pre-Approved Loan by Canadia Bank 'LW\ Olympia Tower C6; Hotcl&Residcnco JS. Mw 'Shopping Center Low Downpayment Easy Instalment ROI about 8.5% p.a. A Olympia City, in Prime CBD location, Phnom Penh, Cambodia (The Hidden Gem) Developer: OLYMPIA CITY CO., LTD End-Financier: Canadia Bank You can fulfill
      149 words
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      116 3 Depuis 1775 a** F -V, >* r 1 -i-=-.V t W V A i fl. V5? W B V V V T w sS i a Tt ■A 1 4 /f 1 >> S^? 4. Breguet, the inn Invention of the Tourbillon, TSO With the Ciassique “Grande Complication”Tourbillon Messidor wristwatch,
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      929 4 Advertorial Brought To You By GuocoLand r ft Ml I rli- VI k §1 5 i jam, 1ST6 5 nil IBW, unit. P rv r?> ,5: 11 1 rf isr> L-. ..■r V w V, t JWfi -w*sss Jl y* T 1 *iV A Tanjong Pagar Centre A New Heart
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      287 5 TANJONG PAGAR CENTRE INTEGRATED VERTICAL CITY OFFICE HOTEL RESIDENCE RETAIL URBAN PARK Tanjong Pagar Centre, the latest architectural masterpiece in Singapore, is set to become a landmark in the city. World-renowned Skidmore, Owings Merrill, the same visionaries who created 4 tallest mixed-use buildings in the world, designed this stunning 290
      287 words
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      126 6 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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  • COMPANY NEWS
    • Article
      Lock icon Addvalue deal: do the values add up?
      892 7  -  HOCK LOCK SIEW By R SIVANITHY sivan@sph.com.sg CAI HAOXIANG haoxiang@sph.com.sg IF EVER there was an example of a corporate development that was a candidate for a “Trade With Caution” (TWC) notice from the Singapore Exchange (SGX), it is Addvalue Technologies’ latest announcement. Addvalue
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    • Article, Illustration
      Lock icon EPC projects in UK, Qatar challenging: Keppel CEO
      304 7  -  By KELLY TAY kellytay@sph.com.sg KEPPEL Corporation’s new chief executive, Loh Chin Hua, says the group is “working hard under challenging conditions” to deliver its engineering, procurement and construction (EPC) infrastructure projects with minimal losses. He said in Keppel’s annual report released yesterday:
      BT FILE PHOTO  -  304 words
    • COMPANY BRIEFS
      • Article
        Lock icon No raise in Global Premium offer price
        98 7 THE offer price for shares in Global Premium Hotels will not be raised, and the offer period will not be extended beyond April 24, DBS Bank said yesterday on behalf of the company’s chairman Koh Wee Meng. Mr Koh has sought to acquire
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      • Article
        Lock icon GSH takes 77.5% stake in Sutera Harbour
        54 7 GSH Corporation yesterday announced that it has successfully acquired a 77.5 per cent stake in the Sutera Harbour Resort Group Sdn Bhd in Malaysia, for RM700 million (S$270 million). It has also completed its acquisition of stakes in two parcels of ocean-front land
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      • Article
        Lock icon Hyflux unit signs JV for Nigeria plants
        68 7 HYFLUX, through its wholly owned subsidiary, Hyflux International, has inked a joint venture agreement with Tolaram Corporation to explore opportunities for the development of membrane-based water treatment plants in Nigeria. A Singaporeregistered company called Yewa Water Company has been set up as a
        68 words
    • Article
      Lock icon SGX fixing revamped website after complaints
      705 8  -  SGXNet portal used for company announcements being upgraded By CAI HAOXIANG haoxiang@sph.com.sg THE Singapore Exchange (SGX) is fixing user-un-friendly features of its widely used company announcements webpage, after a revamp that went live over the weekend caused frustration among users. “We have taken steps
      705 words
    • Article
      Lock icon Mandarin Oriental to expand Munich hotel
      418 8  -  Construction of a mixed-use complex set to start in 2018 By vshiao@sph.com.sg VIVIEN SHIAO vshiao@sph.com.sg MANDARIN Oriental International’s wholly owned hotel in Munich will be undergoing expansion and refurbishment for an estimated cost of 124 million euros (S$217 million). The expansion will come from
      418 words
    • Article
      Lock icon Ascendas Hospitality Trust buys hotel in Osaka for 8.9b yen
      501 8  -  BY ANGELA TAN ange|at@sph.com.sg ASCENDAS Hospitality Trust (A-HTrust) a stapled group comprising Ascendas Hospitality Real Estate Investment Trust (A-HReit) and Ascendas Hospitality Business Trust (A-HBT) has added a second Japanese asset into its portfolio. Yesterday, A-HTrust’s managers Ascendas Hospitality Fund
      501 words
    • Article
      Lock icon KSH-Lian Beng unit in Cambodia property deal
      352 11  -  ISEA in joint venture to buy US$64m land and redevelop hotel on it By LEE MEIXIAN leemx@sph.com.sg IMPERIAL South East Asia Investment (ISEA), 34.7 per cent owned by KSH Holdings and 32.65 per cent owned by Lian Beng Group, is forming a joint
      352 words
    • Article, Illustration
      Lock icon Mandiri opens its first branch in Singapore
      356 11 Bloomberg PT Bank Mandiri, Indonesia’s largest lender by assets, has opened its first branch in Singapore, seeking a foothold as rivals from the city-state expand in its home country. The branch allows Mandiri to tap Singapore’s financial markets to develop products that aren’t
      Bloomberg; PHOTO: BLOOMBERG  -  356 words
    • Article
      Lock icon Prudential Singapore seeing more interest in bancassurance
      452 11  -  It extends StanChart tie-up; new business sales up 18% By JAMIE LEE leejamie@sph.com.sg PRUDENTIAL Singapore is seeing more interest from banks in offering bancassurance (the sale of insurance products through banks branches), a top executive said at a press briefing yesterday. This comes
      452 words
    • Article
      Lock icon Boustead ending FY14 on a bright note
      221 11  -  BY CARINE LEE carine|@sph.com.sg BOUSTEAD Singapore is wrapping up its financial year ending March 31 (FY2014) on a strong note. It said yesterday that its energy-related engineering division had in recent weeks secured more than $50 million worth of contracts globally from the
      221 words
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      547 7 At Fidelity, it is inherent in us to find all the important details required, no matter how small they are. Because it's with our penetrating research that we can uncover the best and most rewarding investment opportunities for our clients. And the following awards simply prove what comes second to
      547 words
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      51 8 APP NON ON ANDROID A IPHONE Enjoy a mouth-watering buffet of food news and reviews from The Straits Times, The Business Times and The New Paper on the new SoShlok App! THE STRAITS TIMES m, (TT)* SoShiOr\ SG’s Yummiest Food News Reviews www.soshiok.com mm fasr* v Available on the W
      51 words
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      119 9 Standard Poor’s*awards Prudential Singapore an AA rating. This makes us the highest rated life insurer in Singapore. We thank you for your support, trust and confidence in us. This award recognises our consistency in providing an excellent business risk profile and a strong financial track record. It also af firms
      119 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon US rally helps STI rebound 1.3%
      655 10  -  Jardine group and banks the chief contributors to index’s recovery STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent AN overnight rise on Wall Street that reportedly was due to better-than-expected consumer confidence numbers yesterday helped the Straits Times Index rebound 39.15 points or 1.3 per cent
      Source: Bloomberg  -  655 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Mar 26 VALUE CLOSE BT OB/OS 30.00 +161.00 BT CADI -*****.00 +87.00 BT 10-day MA -*****.00 +3.00 FTSE ST Mid Cap 716.90 +2.58 FTSE ST Small Cap 539.57 +2.07 FTSE ST All Share 762.90 +7.92 FTSE ST China Top 196.86 -0.04 FTSE ST China 222.28 -0.41 FTSE
      77 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      55 10 VOLUME Albedo 210,698,000 AddvalTech 197,913,000 HanKore 145,999,000 Global Tech 111,029,000 WE Hldgs 102,338,000 Noble Grp 85,663,000 Sky One 58,116,000 Equation 50,352,000 Oceanus 49,416,000 Mirach Energy 46,359,000 VALUE($) DBS Grp 138,272,519 UOB 126,736,434 Noble Grp 97,724,463 SingTel 67,860,480 OCBC Bk 42,390,400 Olam 36,464,845 Keppel Corp 34,610,710 JMH 33,285,463
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 5 3 0 0 0 7 5 3 Manufacturing 61 32 50 5 12 11 66 44 61 Commerce 27 15 18 5 4 4 32 19 22 Tpt/Stor/Comms 18 6 15
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      851 10  -  Compiled by JOYCE HOOI OUE Commercial Reit Mar 26 close: $0.79 OCBC Investment Research, Mar 26 WE initiate coverage with a “buy” rating and fair value estimate of $0.88. The Reit offers an estimated forward FY2014 yield of 6.9 per cent, and its portfolio consists of two assets:
      Source: Bloomberg  -  851 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      122 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 27,542 27,542 94,411 94,411 Manufacturing 293,191 133,175 426,366 120,455 4,852 125,307 Commerce 365,741 358,693 724,434 217,049 12,864 229,913 Tpt/Stor/Comms 82,977 58,116 141,093 137,218 7,066 144,284 Finance 29,080 157 29,237 323,143 56 323,199 Construction 45,265 34,053
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      116 10 Stock name Close Change CapMallsAsia 1.730 +0.015 CapitaLand 2.780 +0.010 CapitaMall 1.890 +0.005 CityDev 9.590 +0.160 ComfortDelGro 1.960 +0.020 DBS Grp 16.19 +0.150 GLP 2.600 +0.030 Genting SP 1.305 Golden Agri 0.585 +0.020 HK Land 6.230 -0.160 HPH Trust US$ 0.650 +0.010 JMH 60.26 +2.290 JSH
      116 words
    • Article, Illustration
      Lock icon Euro hovering just above 3-week lows
      516 10 CURRENCIES Reuters [LONDON] After hitting a three-week low on Tuesday, the euro was trading just above those levels yesterday. Investors were wary after European Central Bank (ECB) officials ramped up efforts to talk down the currency, with arguably its most hawkish member hinting at
      Reuters; PHOTO: REUTERS  -  516 words
    • Article
      Lock icon RISES
      115 10 BY CENTS CLOSE UP JMH 6026 290.1 4.0 DBXT Nifty 10US$ ***** 226.8 1.6 DBXT MSKorea 10US$ 6001 141.9 1.9 DBXT AUDCS 5US$ ***** 138.1 0.6 DBXT AUDCS 5SG$ ***** 134.0 0.5 SPDRS S&P 500 10US$ ***** 130.5 0.6 JSH 3382 128.0 3.1 SPDR DJIA 10US$ ***** 128.0 0.6
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    • Article
      Lock icon FALLS
      132 10 BY CENTS CLOSE DOWN DBXT FTVietnam 10US$ 2863 -100.1 -2.7 DBXT iBoxxSvEu 5US$ ***** -76.0 -0.2 DBXT EONIA 5US$ ***** -54.5 -0.2 HK Land 623 -20.3 -2.5 IS ASIA HYG100S$D 1330 -13.0 -1.0 GLD 10US$ ***** -12.7 -0.1 IS ASIA BND 100S$D 1280 -11.0 -0.9 IS LC BND 100S$D
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 10 DAILY
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      408 11 My heartiest congratulations to the organisations that are certified to the Singapore Quality Class STAR, Singapore Quality Class, People Developer, Singapore Innovation Class and Singapore Service Class. These organisations have achieved a commendable level of performance on the Business Excellence journey. Professor Cham Tao Soon Chairman, Singapore Quality Award Governing
      408 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Analysts still see healthy demand for new BTO flats
      572 12  -  Four BTO projects will add 3,497 flats in Sembawang, Sengkang, Yishun By LYNETTE KHOO lynkhoo@sph.com.sg DESPITE signs of waning prices and slowing sales in the resale market, analysts are still expecting healthy interest for new Build-To-Order (BTO) projects rolled out by
      572 words
    • Article
      Lock icon Rule on fuel oil stocks under review: sources
      463 12  -  B)’ RON7NIE_ LIM ronnie@sph.com.sg THE regulatory requirement for generating companies (gencos) to keep 45 days of strategic fuel oil stocks (to fuel oil-fired steam plants) should be reviewed, especially as practically all of the electricity here today is generated by new, more-efficient
      463 words
    • Article, Illustration
      Lock icon NTUC Income opens financial advisory hub in CBD for PMEs
      434 12  -  By KARA QUEK karaquek@sph.com.sg NTUC Income, the labour movement’s insurance arm, has opened a financial advisory centre right in the heart of the Central Business District (CBD) aimed at professionals, managers and executives (PMEs) working in the area. The Raffles
      PHOTO: MARK CHEONG/THE STRAITS TIMES  -  434 words
    • Article, Illustration
      Lock icon MAS-NUS professorship extended
      204 12 A TERM professorship in economics and finance at the National University of Singapore (NUS), which has been supported by the Monetary Authority of Singapore (MAS), will be extended for another five years from April 1. The professorship, which has been awarded to seven scholars over the last
      204 words
    • Article, Illustration
      Lock icon Manager of Arts House merges with Arts Festival
      540 12  -  New entity to look after arts spaces, S’pore arts festival By CHEAH UI-HOON uihoon@sph.com.sg THE Old Parliament House Limited (TOPH) has been merged with Arts Festival Limited (AFL) so that the new entity will manage arts spaces, as well as the Singapore
      540 words
    • Article
      Lock icon HSBC launches automatic currency conversion scheme
      325 12  -  By JAIRA KOH jairakoh@sph.com.sg HSBC launched a new service yesterday which automatically converts a customer’s funds from one currency to another when the prevailing exchange rate matches the customer’s target rate. The multinational bank has piloted the FX Order Watch Service since February. Users
      325 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Indonesia favours forex rate that supports exports
      635 13 Bank Indonesia aims to keep monetary policy on tight bias, says official Bloomb erg [JAKARTA] Bank Indonesia aims to keep monetary policy on a “tight bias” and favours an exchange rate that supports exporters, according to senior deputy governor Mirza Adityaswara. “We are
      Bloomberg; PHOTO: BLOOMBERG  -  635 words
    • Article
      Lock icon Sale of Petronas Canada LNG stake finalising soon
      372 13 Deal for China firm expected to be sealed in a fortnight [KUALA LUMPUR] Petroliam Nasional Bhd (Petronas) hopes to seal the deal to sell a 15 per cent stake in its Canada-based liquefied natural gas (LNG) project to a Chinese party within
      372 words
    • Article
      Lock icon Islamic banks in Malaysia set to diversify investment products
      278 13 Reuters [KUALA LUMPUR] A provision under Malaysia’s Islamic Financial Services Act 2013 (IFSA) will prompt Islamic banks to diversify the investment products which they offer to customers, bank executives have said. Islamic banks will have until June next year to segregate
      Reuters  -  278 words
    • Article
      Lock icon Ranhill to list via Symphony RTO
      250 13 Reuters [KUALA LUMPUR] Malaysia’s Ranhill Energy yesterday signed an agreement for a reverse takeover of outsourcing services firm Symphony House, paving its way to the local bourse after scrapping a planned listing in July 2013. The oil and gas company delayed its US$230 million
      Reuters  -  250 words
    • Article
      Lock icon New Indonesia policies not likely: minister
      379 13 Govt busy with polls parliamentary next month and presidential in July Bloomberg [JAKARTA] Indonesia probably can’t introduce a third package of policy measures to attract investment before elections start this year, Deputy Finance Minister Bambang Brodjonegoro has said. Previously introduced macroeconomic and fiscal policies
      Bloomberg  -  379 words
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      203 13 thego\t.rxmfni HP* h SINGAPORE UII INTERNATIONAL ikOINFAIR TEX m 10 n\\ss\on 3* L1^±S IITL US* March 28 [ENCT m s OIOIO OIOIOTIUO gaQ^^^(M®aDDD= 0 0 Come see one of the world's largest gold coins. The 1000 ounce 999.9 Gold "Big Philharmonic" on Display, courtesy of the Austrian Mint Come meet
      203 words
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      Lock icon Page 13 Advertisements Column 2
      364 13 SMART Investment International Property Expo LOCAL OVERSEAS PROPERTY STOCKS FUNDS ALTERNATIVE INVESTMENT 29 (Sat) 30 (Sun) March 2014 11am 7pm Hall B, Sands Expo Convention Center, Marina Bay Sands (Bayfront MRT station, Exit D) FREE ENTRY REGISTER NOW STARTS THIS WEEKEND Buy Overseas Properties This Weekend Get your investment tips
      364 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon China banks stricter on loans to weak firms
      931 14 More hard-nosed attitude follows increasing loan defaults Reuters [BEIJING] Some of China’s struggling firms are finally getting the reception that regulators have been hoping for a cold shoulder from banks in the form of smaller and costlier loans. Reuters has contacted over
      Reuters  -  931 words
    • Article, Illustration
      Lock icon 2 rural China banks put on show of money to calm depositors
      655 14 Customers spooked by talk the lenders had run out of cash Reuters [YANCHENG, China] Rural banks in China’s eastern city of Yancheng stacked piles of cash in plain view behind teller windows to calm depositors queuing at bank
      Reuters; PHOTO: REUTERS  -  655 words
    • Article, Illustration
      Lock icon FDA scrutiny of Indian drug firms puts focus on quality
      535 14 Reuters [BANGALORE] A spate of regulatory warnings for India’s generic drug manufacturers will add a new emphasis on the quality of such medicines in an industry long dominated by the ability to deliver treatments as cheaply as possible, analysts say.
      Reuters; PHOTO: BLOOMBERG  -  535 words
    • Article
      Lock icon BJP’s pitch to focus on new jobs, urbanisation
      212 14 Reuters [NEW DELHI] India’s leading opposition party would aim to create 250 million jobs over the next 10 years as part of an economic development programme that could create 100 new “smart” cities, its election manifesto will say. The Hindu nationalist Bharatiya
      Reuters  -  212 words
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      34 14 'S Mandai Executive Golf Course gets a reboot Custom training to suit your swing Check these out and more in our Golf Special in The BusinessTimes tomorrow and The Sunday Times Classified this weekend.
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      1874 15 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices NOTICE OF EXTRAORDINARY GENERAL MEETING The initial public offering of KrisEnergy Ltd. was sponsored by CLSA Singapore Pte Ltd and Merrill Lynch (Singapore) Pte. Ltd. (the “Joint Issue Managers, Global Coordinators, Bookrunners and Underwriters”). The Joint Issue Managers, Global Coordinators, Bookrunners and
      1,874 words
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      1193 15 COMFORTDELGRO CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Co. Reg. No.: *****0002K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eleventh Annual General Meeting of the Company will be held at the Auditorium, ComfortDelGro Headquarters, 205 Braddell Road, Singapore *****1 on Friday, 25 April 2014 at
      1,193 words
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      831 15 COURAGE MARINE GROUP LIMITED (Incorporated in Bermuda with limited liability) (Hong Kong Stock Code: 1145) (Singapore Stock Code: E91.SI) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the annual general meeting ("Annual General Meeting”) of the Company will be held at Suntec Singapore International Convention Exhibition Centre, Meeting
      831 words
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  • WORLD
    • Article, Illustration
      Lock icon Xi’s visit set to bolster trade ties between China and France
      665 16 Numerous deals on aviation, agriculture and nuclear sectors likely to be signed AFP [LYON] China and France are expected to sign scores of business deals later yesterday on the first full day of President XI Jinping’s state visit after
      AFP; PHOTO: REUTERS  -  665 words
    • Article
      Lock icon Aussie central banker warns of housing bubble
      406 16 But he plays down risk of inflation, keeps mum on A$ being too high Reuters [SYDNEY] Australia’s top central banker yesterday played down the risks of a sustained rise in domestic inflationary pressures, while cautioning investors against getting carried away in Australia’s frothy
      Reuters  -  406 words
    • Article
      Lock icon French credit body names 10 nations as the next BRICS
      650 16 AFP [PARIS] Indonesia, Bangladesh and Ethiopia are among 10 countries set to take over as emerging economies from the powerful BRICS nations as they struggle with growing pains, a French credit body said on Tuesday. “After 10 years of frenetic
      AFP  -  650 words
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      Lock icon N Korean missiles fail to disturb summit
      571 16  -  B)’ ANTHONY ROWLEY in Tokyo NORTH Korea launched two Rodong medium-range ballistic missiles yesterday from north of its capital Pyongyang into the Sea of Japan, triggering strong protests from the United States, Japan and South Korea whose leaders were meeting in the Netherlands
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      Lock icon Candy Crush maker disappoints in NYSE share debut
      594 17 King falls as much as 15% below US$22.50 IPO price Reuters AFP [SAN FRANCISCO] Shares of King Digital Entertainment, maker of the wildly popular “Candy Crush Saga”game, fell as much as 15 per cent in their trading debut yesterday, valuing the company
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    • Article
      Lock icon Startup aids crowdfunding in Hollywood
      708 18 It allows the rich to invest in movies alongside veteran film financiers NYT [NEW YORK] Thanks to new securities rules, Hollywood is about to get into the crowdfunding game. A startup, Junction Investments, had planned to open for business yesterday, allowing wealthy individuals to invest
      NYT  -  708 words
    • Article
      Lock icon Women on UK boards up, but in non-exec role
      467 18 Bloomb erg [LONDON] The number of women on the boards of Britain’s biggest companies has reached 20.7 per cent, compared with 17.3 per cent last year, though most are only being appointed to non-executive roles, a report showed yesterday. Of the
      Bloomberg  -  467 words
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      Lock icon Fans of tech firm flame sale to Facebook
      605 18 Oculus getting at least US$400m cash, 23.1m shares Bloomberg [SAN FRANCISCO] Oculus VR’s co-founder Palmer Luckey has called Facebook’s US$2 billion purchase of his virtual reality headset company a move that will help transform industries. Some fans weren’t so upbeat. Across Twitter,
      Bloomberg; PHOTO: AFP  -  605 words
    • Article
      Lock icon Traders see opportunity in new Google shares debut
      764 18 They could gain from the confusion if the shares diverge Bloom berg [TORONTO] Google’s strategy to cement control for its founders by creating a third common equity class drew a lawsuit from institutional investors. Now it’s piquing the interest of equity traders.
      Bloomberg  -  764 words
    • Article
      Lock icon Bitcoins to be taxed as property: IRS
      1066 19 Move forces users to deal with new tax issues and reporting requirements NYT [NEW YORK] The IRS may have just taken some of the fun out of bitcoin. But that may mean that the virtual currency is growing up. The IRS announced on
      NYT  -  1,066 words
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      Lock icon Mt Gox working with Tokyo police on missing bitcoins
      490 19 Reuters [TOKYO] In the first confirmation of a criminal investigation at Mt Gox, the failed Tokyo-based bitcoin exchange said yesterday it was working with the police “with regard to the disappearance” of bitcoins worth some US$490 million at current prices. Mt
      Reuters; PHOTO: REUTERS  -  490 words
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      Lock icon Durable goods orders bounce back in February
      390 20 Shipments increase 0.9% last month, ending 2 straight months of declines LATEST US DATA Reuters [WASHINGTON] Orders for long-lasting US manufactured goods rebounded more than expected last month and shipments snapped two straight months of declines, providing fresh signs the economy was shaking
      Reuters; PHOTO: BLOOMBERG  -  390 words
    • Article
      Lock icon China’s rare earth trade curbs ‘break global rules’
      380 20 WTO panel’s ruling largely backs complaint filed by US, EU, Japan AFP [GENEVA] China has broken the rules of global commerce by restricting exports of rare earths, tungsten and molybdenum, a move that benefited domestic industries, a World Trade Organization (WTO) panel
      AFP  -  380 words
    • BRIEFING
      • Article
        Lock icon UK govt sells more shares in Lloyds bank
        132 20 AFP [LONDON] Britain’s bailed-out Lloyds bank moved closer back into the private sector yesterday after the government sold more shares for £4.2 billion (S$8.8 billion), clawing back taxpayers’ cash in order to slash state debt. The latest sale reduces the state’s holding
        AFP  -  132 words
      • Article
        Lock icon Tencent buys stake in Korea’s CJ Games
        127 20 Bloomberg [HONG KONG] Tencent Holdings, Asia’s biggest Internet company, agreed to pay about US$500 million for a 28 per cent stake in South Korea’s CJ Games to bolster its lineup of online and mobile entertainment. The deal includes the purchase of new and
        Bloomberg  -  127 words
      • Article
        Lock icon Murdoch promotes Lachlan at News Corp
        99 20 Bloomberg [LONDON] Billionaire Rupert Murdoch elevated his son Lachlan Murdoch as non-executive chairman of News Corp and 21st Century Fox, laying out succession plan at the publishing, film and television empire. Lachlan, 42, will work alongside his father, who will stay as chairman and
        Bloomberg  -  99 words
      • Article
        Lock icon Ukraine crisis will hit Russian GDP: report
        114 20 Reuters [MOSCOW] The Russian economy may contract markedly this year and the country could see record capital outflow of US$150 billion if the crisis over Moscow’s annexation of Ukraine’s Crimea deepens, the World Bank warned yesterday. In the first estimate by a leading
        Reuters  -  114 words
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      22 16 AVAILABLE ON iPAD ANDROID WELCOME ABOARD Ask your local bookshop or get your copy by subscribing today Visit www.asia-pacificboating.com or email sub@bluincmedia.com
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      56 16 HOT PROPERTY r i SUTTON PLACE BEAUTIFUL 2-bdrm w/patio. 2000 f Reno. Brinht r u sf MRI. gnt spacious. Orchard. Immed. S neg f ,<?ar WrTT T en^ te 3+1 immeS;. SPACIOUS APARTMENT NEAR MRT FOR RENT Check this and many other properties in CATS Classified in The Straits Times
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      3693 17 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices TECHCOMP (HOLDINGS) LIMITED 天美控股有限公 (incorporated in Bermuda with limited liability) (Hong Kong Stock Code: 1298) (Singapore Stock Code: T43) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the annual general meeting (the “AGM”) of
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      45 18 MARCH ISSUE OUT NOW! INTHISISSUE 8 .JI IP<:M5./ .5/.56 8 /.<.5 J3 LJ:NM5 NK AEC* 8 +J-0 MN35 JK 2JJ2M5 MARCH TECH FAIR SUBSCRIPTION SPECIAL! I!7;H ’E !7B"1 ;7D;B=$D?=; 4$!! ;9FR@ F B%FRB? 9Q 4$R SQ=? 9%FR #’HEEE 4Q=9% Q) >=$O?;( ,$;$9 444G%F=@4F=?SF&GBQS 40% OFF!
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      116 18 /•J uewu Singapore Gifts Premiums Fair 2014 16-18 July 2014 Marina Bay Sands, Singapore See a huge variety of new and innovative products on display, providing inspirational promotional ideas! ■KTree Admission! Register at www.SGPFair.com/visit1 To Exhibit: SGPFair@bizlink.com.sg Tel: (65) 6848 5938 www.SGPFair.com Organised By: B| K| Join in the conversation!
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      3856 19 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices TUAN SING HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****01 SOM) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 44* Annual General Meeting of Tuan Sing Holdings Limited (the “Company”) will be held at the
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      189 19 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MICROPROBE SINGAPORE PTE. LTD. (IN MEMBER'S VOLUNTARY LIQUIDATION) (COMPANY REGISTRATION NO. *****5266K) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the
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      135 20 mm i 9 I M WV.W FM bsv'mIM IOSS92 ira •t y < one p/ace I «$oM A// thegr^otsongsm it Cl M V .7 i V w v 5592 BUCKET LIST S 1 [2 6*0 oh (K US as r 0 6 a luaratloi'v 1 >7 i ,.b" 0 1
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  • SHIPPING/AVIATION
    • Article
      Lock icon Singapore Maritime Week the biggest yet
      593 21  -  This year’s edition aims to reach out to the public, especially the young By MALMINDERJIT SINGH msingh@sph.com.sg [SINGAPORE] The Singapore Maritime Week (SMW) is back with a record number of events for a wide audience ranging from industry players to the general public. Driven
      593 words
    • Article
      Lock icon Air China shares dip on 32% profit drop
      305 21 AFP [HONG KONG] Air China shares fell in Hong Kong yesterday after the Chinese flag-carrier reported a 32 per cent drop in net profit last year, hit by a weak cargo market. Net profit for 2013 came to 3.32 billion yuan (S$677
      AFP  -  305 words
    • Article, Illustration
      Lock icon US black box detector arrives in Australia
      575 21 Reuters [PERTH] US equipment designed to detect black box signals arrived in Australia yesterday, as searchers stepped up efforts to find some trace of a Malaysian airliner thought to have crashed 18 days ago thousands of kilometres off course in the Indian Ocean.
      Reuters; PHOTO: REUTERS  -  575 words
    • Article
      Lock icon FAA tells Boeing to fix 747-8 software glitch
      316 21 Reuters [WASHINGTON] The US Federal Aviation Administration (FAA) on Tuesday ordered an immediate fix to the latest version of Boeing’s 747-8 plane, saying that a software glitch could cause it to lose thrust when close to landing and fly into the ground.
      Reuters  -  316 words
    • Article
      Lock icon TRANSPORT STOCKS
      245 21 SGX '000 Mar 26 S$ +/-Vol Ch Offshore 0.40 unch 54 Chuan Hup Hldg 0.26 0.01 73 Mar 26 Cwt Limited...............1.40 0.02 657 Ezra Hldgs 1.06 0.01 1585 First Ship Lea 0.10 unch 548 Grand Banks 0.22 0.01 10 Jaya Hold Ltd K1Ventures Chuan Hup Hldg Keppel Corp
      245 words
    • Article
      Lock icon Inspections of cruise ships reveal leaky lifeboats, faulty doors
      616 21 AFP [WASHINGTON] US maritime inspectors found leaky lifeboats or faulty fire doors on several cruise liners last year in the wake of several highly publicised scandals in the booming industry. A forum organised in Washington by the National Transportation Safety Board
      AFP  -  616 words
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      43 21 ALL EYES ON MODI It’s a battle between him and the rest in India polls Singapore boxer keeps hardworking mum in mind as he chases Olympic dream GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
      43 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      291 21 CRYPTIC CROSSWORD Across 1 Capital sailor finally breaks white whale at sea (11) 10 Queen with sound equipment gets higher (5) 11 Outing former partner almost swearing about love (9) 12 One needing time, it’s said, for a cure? (9) 13 In debt, it helps you find rent (5) 14
      291 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Cutting utilities costs and carbon emissions
      463 22 EDITORIAL RECENT news of in-house co-generation plant projects, both planned and underway, by oil refining/petrochemical players such as energy giant ExxonMobil and PetroChina/Chevron-owned Singapore Refining Company speaks volumes of the significance of utilities in their operations here. But it is not the reliability of
      463 words
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      Lock icon Putin betting on a world dependent on hydrocarbons
      859 22  -  THE BOTTOM LINE THOMAS FRIEDMAN NYT ONE thing I learned covering the Middle East for many years is that there is “the morning after” and there is “the morning after the morning after”. Never confuse the two. The morning after a big
      NYT  -  859 words
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      Lock icon Innovation as driver of business capability
      1261 22  -  New R&D guidelines should be SME-friendly, evolutionary, consistent with global schemes By CHIU WU HONG, HARVEY KOENIG The writers are tax partners with KPMG in Singapore RECENT debates in Parliament centred on what has happened to the “innovation” in the Productivity and Innovation Credit
      PHOTO: REUTERS  -  1,261 words
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      Lock icon 3D printing comes of age
      1715 23  -  It is ready to emerge from its niche status and become a viable alternative to conventional manufacturing processes By DANIEL COHEN, MATTHEW SARGEANT KEN SOMERS The writers are respectively a consultant in McKinsey’s New York office, a consultant in the Stamford office, and a master
      PHOTO: AFP  -  1,715 words
    • Article, Illustration
      Lock icon EU has options in cutting its gas dependency on Moscow
      969 23  -  REUTERS BREAKINGVIEWS By HUGO DIXON EUROPEAN Union leaders at the summit last week made a commitment to cut their dependency on Russian gas. The Ukraine crisis has highlighted the issue: about 30 per cent of the gas that the EU
      969 words
    • Article
      Lock icon TPP stuck on thorny issues
      688 23  -  By RAJESH YOHANNAN The writer is managing director and CEO of foreign exchange trading firm OANDA Asia Pacific ONCE ratified, the Transpacific Partnership (TPP) will create the biggest free trade zone in human history that will account for an estimated 40 per cent of global
      688 words
    • Article
      Lock icon SGX is rectifying its web-page issues
      152 23 LETTER TO THE EDITOR I REFER to the commentary by Cai Haoxiang “SGX site is now counterintuitive” (BT, March 26) Thank you for pointing out the issues with the “Companies Announcement” pages of the www.sgx.com website. We apologise for any inconvenience which investors may
      152 words
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  • Article
    Lock icon SHIPPING TIMES
    1201 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
    1,201 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3181 25 Transaction date: Mar 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 Last Vol Day Last Quote 11.5 7 AEM 14 10.4 8Telecom M Cap High 181.6 102.4 AIMSAMPIReit 134 +1 678
      3,181 words
    • Article
      Lock icon SGX CATALIST
      267 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 Vol Day 2 0.9 t Advanced System 1.2 +0.3 ***** 1.2 1 1.1 1.2 21.1 Div Gr Yld Net
      267 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11410 26 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.5/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond 0 9831/ 1 8696/ China Opportunities 1 2 6534/ EM Local Ccy Bond *****/ European Opportunities 1 1 3251/ Global
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    • Article
      Lock icon GLOBALQUOTE
      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 $mil Company 52 35.5 Genting HK US$ US39.5 -0.5 1978 40 39.5 39.5 40 2600.9 Sale 318 191 TanChongInt HK316 +3 93 318 315 316 318 4.3 2.2
      249 words
    • Article
      Lock icon SGX ETF
      1127 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 $mil 121 108.3 ABF SG Bond ETF 114 +1 17 114 114 113 114 520.4 143 119 CIMB APAC Div 100S$D 125.8 +1.2 125.8 125.8 124.5 127
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      677 27 Mar 26 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.00 *****.90 *****.42 Jun14 *****.00 *****.00 *****.00 *****.00 ***** *****7 Sep14 *****.00 1 2211 MSCI TAIWAN INDEX FUTURES SPOT 307.91 308.46 307.22 Mar14 305.30 308.60 305.20 307.90 *****9 *****1 Apr14 305.40 308.70 305.30 308.00
      677 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 27 In local curr In S$ In US$ dy yr dy yr dy yr Mar 25 Index Change Change Change Change Change Change World Preliminary 1178.0 0.4 -0.6 0.3 0.1 0.5 -0.5 EAFE Preliminary 930.7 0.9 -2.7 0.7 -1.5 0.9 -2.0 Europe Preliminary 1352.5 1.3 -0.2
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 27 Mar 26 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.025 5.714 0.666 7.144 55.449 105.115 0.942 9.901 3.037 1.070 90.151 41.406 1.167 9.905 0.814 28.149 29.992 0.557 0.921 Canada 0.975 5.574
      471 words
    • Article
      Lock icon SIBOR
      31 27 Mar 26 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) (S$) 1 mth ..0.***** Source: Thomson Reuters
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    • Article
      Lock icon GOVERNMENT SECURITIES
      82 27 Mar 26 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 27-Jun-14 0.31 1-Year BY*****T 31-Oct-14 0.32 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.35 5-Year NX*****W 2.5 01-Jun-19 104.79 104.90 104.85 10-Year NX*****H
      82 words
    • Article
      Lock icon PRECIOUS METALS
      140 27 Mar 26 GOLD(US$/oz) Mar 26 Mar 25 Hong Kong 1316.00 1318.00 Mar 25 Mar 24 London 1311.90 1311.36 1312.00 1312.13 Source: Thomson Reuters CAST BAR Mar 26 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 80 51 5gm 321 266 10gm 598 534
      140 words
    • Article
      Lock icon PALM OIL
      57 27 Mar 26 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 14 2810.0 2770.0 2810.0 2768.0 278 2204 May 14 2756.0 2709.0 2758.0 2706.0 7790 ***** Jun 14 2730.0 2691.0 2732.0 2688.0 ***** ***** Jul 14 2704.0 2670.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 27 Mar 26 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1664 1.1672 0.9206 0.9211 Canadian dollar 1.1378 1.1385 0.8985 0.8980 Euro 1.7509 1.7515 1.3819 1.3822 NZ dollar 1.0900 1.0906 0.8603 0.8606 Sterling pound 2.0959 2.0967 1.6542 1.6546
      155 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 27 As at 9am Mar 26 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.188 1.132 Can dollar 1.156 1.112 Euro 1.792 1.707 Sterling pound 2.135 2.053 NZ dollar 1.112 1.070 US dollar 1.293 1.232 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      157 27 Mar 26 $S Offer Bid 0vernight 0.03 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.12 US$ 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
      157 words
    • Article
      Lock icon CHICAGO BOT
      109 27 Mar 25 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 14 1428.00 1425.50 1436.00 1416.00 Jul 14 1401.25 1398.75 1408.00 1388.50 Aug 14 1342.25 1338.25 1345.75 1330.00 Sep 14 1246.00 1241.25 1249.75 1235.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 14
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    • Article
      Lock icon LIFFE
      94 27 Mar 25 COCOA (£/tonne) Close Prev High Low May 14 1875 1873 1876 1860 Jul 14 1874 1873 1875 1860 Sep 14 1873 1873 1875 1860 Dec 14 1857 1855 1858 1844 COFFEE(US$/tonne) Close Prev High Low Mar 14 2139 2148 2163 2151 May 14 2073 2083 2099 2068
      94 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1157 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv Asia-Pacific Strategic W*****6 Exer Acma Ltd W*****7 Prem Disc Ascendas Reit MB eCW*****1 2 0.2 210 1 Ascendas Reit MB ePW*****1 1.1 0.2 200 1 Asiatic Grp(Hldgs)
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 27 CRUDE OIL PRODUCTS Mar 25 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 107.38 0.45 WTI (Near Mth) 99.54 -0.35 Dubai (1-Mth F) 103.72 0.51 Tapis blend 111.35 0.06 Minas 106.85 0.26 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.28 unch Jet Kerosene 119.81 0.33 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 27 Mar 26 S$ Bid Offer 1-month 1.2670 1.2672 2-months 1.2670 1.2672 3-months 1.2670 1.2672 6-months 1.2668 1.2670 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      66 27 Mar-25 Mar-25 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1709.25 1687.50 3 months 1752.50 1731.00 Copper, Grade A(US$/tonne) Cash 6605.75 6476.25 3 months 6603.00 6473.00 Lead(US$/tonne) Cash 2062.00 2042.50 3 months 2085.00 2070.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
      66 words
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  • PROPERTY
    • Article, Illustration
      Lock icon NY offices deck up to lure creative clients
      965 28 Offices offer lifestyle as city’s economy grows dependent on creative sectors NYT [NEW YORK] A field of wheat doesn’t usually stand inside the lobby of a Manhattan office building. Yet a 10-foot simulacrum, consisting of a few hundred stalks of wheat puncturing
      NYT; PHOTO: TINA FINEBERG/THE NEW YORK TIMES  -  965 words
    • Article
      Lock icon Househunt
      1309 28 PROPERTY TRANSACTIONS BETWEEN FEBRUARY 12 AND 18, 2014 PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN LAND PRICE PSF STREET NAME TYPE DATE AREA* (SQ FT) (S$'000) (S$) District 2 NON-LANDED 76 Shenton Apt 14/02/2014 99 592 1160 1959 Spottiswoode Suites Apt 17/02/2014 FH 441 1265 2866 District 4 NON-LANDED Corals
      1,309 words
    • Article
      Lock icon Kampong Glam shophouse block up for sale
      508 29  -  Also for sale are 3 adjoining plots of vacant GCB land along Holland Rise By MINDY TAN tanmindy@sph.com.sg A DETACHED shophouse block at Kampong Glam and three adjoining plots of prime good class bungalow land were put up for sale yesterday by expression
      508 words
    • Article
      Lock icon Introducing rich Chinese to the world of polo
      773 29 Fortune Hts comes with cellars filled with First Growths Bloom berg [HONG KONG] Pan Sutong proudly displays the 4.5-li-tre Jeroboam of 1900 Chateau Latour he uncorked on Dec 8 after his two thoroughbreds placed first and second in their respective races at
      Bloomberg  -  773 words
    • Article, Illustration
      Lock icon China expands property survey as oversupply concern grows
      534 30 Govts in over 300 cities asked to look at home and land sales and price data Bloomberg [BEIJING] China expanded an annual property survey that helps shape policies to more than 300 cities amid growing concern of oversupply in smaller cities, according
      Bloomberg; PHOTO: BLOOMBERG  -  534 words
    • Article, Illustration
      Lock icon Tampines condominium to launch on Saturday
      398 31  -  MCC Land’s The Santorini is expected to cost $1,100 to $1,200 psf By LEE MEIXIAN leemx@sph.com.sg MCC Land, a unit of Hong Kong and Shanghai-listed Metallurgy Corporation of China, will be launching its Mediterranean-inspired condominium project, The Santorini, at Tampines Avenue 10 this Saturday.
      398 words
    • Article
      Lock icon Marriott adds 3 and 5-star Nigeria hotels to its stable
      477 31 Bloomberg [LAGOS] Marriott International, the owner of brands including the Ritz-Carlton an d R ena i ssance strengthening its position i s strengthening its position in West Africa as economic growth in Nigeria and Ghana boost travel and tourism. Protea
      Bloomberg  -  477 words
    • Article
      Lock icon Dubai developer Nakheel aims for 15% profit growth
      258 31 Bloomberg [DUBAI] Dubai property developer Nakheel is targeting a 15 per cent increase in profit for 2014 as it launches new projects and expands its leasing income, the firm’s chairman said yesterday. Government-run Nakheel agreed to a US$16 billion debt restructuring in
      Bloomberg  -  258 words
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      Lock icon Page 29 Advertisements Column 1
      391 29 I BRAND NEW LIGHT INDUSTRIAL AT ALJUNIED 5-min walk to Paya Lebar MRT Excellent location Surrounded by amenities Dominic Peters R*****1G 9825 2101 www.savills.com.sg savills r^i MacPhersdn Mall FREEHOLD MALL SHOP RESTAURANT SPACES START FROM $1,68mil No ABSD/SSD (for locol/foreign buyers) N/ Supermarket Anchor First ibis Styles Hotel In Singapore
      391 words
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      Lock icon Page 30 Advertisements Column 1
      620 30 FREEHOLD SHOPHOUSE OFF BEACH ROAD yu Free-standing Shophouse Block 3 units of part 1/part 2 storey shop house Kampong Glam Conservation Area Walking Distance to Nicoll Highway MRT Station Land Area: 7,401 sq ft Commercial Zone; NO ABSD Public car park just adjacent to site FOR SALE BY EXPRESSION OF
      620 words
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