The Business Times, 17 April 2014

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Total Pages: 35
1 36 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Thursday, April 17, 2014
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  • 1213 1  -  Rebound inevitable after intense selldown, observers say, but certain risks remain BY CAI HAOXIANG haoxiang@sph.com.sg @Hao><iangCaiBT [SINGAPORE] Markets never trade according to plan; this year was no exception. The US and Japan, two of the world’s biggest markets tipped to continue doing
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  • 635 1  -  Figure of 7.4% y-o-y still slightly above estimates, seen as good for reforms By VIRGINIE MANGIN in Beijing CHINA’S economy grew 7.4 per cent year-on-year in the first quarter, the slowest pace of expansion since the third quarter of 2012. However, Q1’s growth
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  • MARKETS DIGEST
    • 65 1 GST INDEX 3,253.20 (+6.88) GST INDEX FUTURES 3,225.00 (+7.00) GSIMSCI 368.51 (+0.93) GSIMSCI FUTURES 365.90 (+0.90) US$ S$ US$ (S$ per US$) 1.252 (US$/S$ per 1.677 2.098 EURO (US$/S$/€ 1.384 1.733 Foreign currency per US$ S$ YEN 102.20 81.70 RM 3.240 2.588 HK$ 7.755 6.196 BAHT 32.28 25.79 RUPIAH
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    • 48 1 Wednesday Change KL COMP 1,845.37 -8.51 NIKKEI 225 14,417.68 +420.87 HANG SENG 22,696.01 +24.75 SET INDEX 1,401.84 +12.68 JAKARTA COMP 4,873.01 +2.80 MANILA COMP 6,671.18 +49.52 SEOUL COMP 1,992.21 -0.06 SHENZHEN B 846.22 +1.16 MUMBAI IND 22,277.23 -207.70 12noon EDT Change DOW 16,374.53 +111.97 NASDAQ 4,066.78 +32.62
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    • 23 1 SINGAPORE 5.35 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA JAPAN TAIWAN KOREA JAPAN 1.475 KOREA 9.33 SWITZERLAND 0.50 INDIA 3.25 Source: Bloomberg
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  • Page 1 Advertisements
    • 123 1 WTA SINGAPORE $16.90 to see top women’s tennis players in action PAGE 11 PROPERTY KOP said to be in due diligence on Prudential Tower PAGE 35 COMPANIES T+3 settlement period should remain: remisiers PAGE 7 HOCK LOCK SIEW The high stakes of high-speed trading PAGE 6 MASTER TOURBILLON DUALTIME. Jaeger-LeCoultre
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    • 7 1 8 11 887 1 8 1 "*****4
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  • TOP STORIES
    • 369 2  -  Promotional price of $2.14 a month from June; 2 other telcos reviewing charges By JOYCE HOOI joyceh@sph.com.sg @JoyceHooiBT [SINGAPORE] StarHub has become the first telco to bite the 4G bullet, saying on Tuesday that it will start charging mobile subscribers $2.14
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    • 451 2  -  6 nations are part of the Asia Region Funds Passport BY SIOW LI SEN |isen@sph.com.sg @SiowLiSenBT [SINGAPORE] Asian fund managers are a step nearer to being able to offer cross-border funds. Singapore, Australia, South Korea, New Zealand, the Philippines and Thailand
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    • 459 2 Value hunters switching to emerging markets THE US and Japanese markets are both in negative territory in 2014. Meanwhile, the unloved markets of yesteryear are making a comeback. FRONT PAGE China’s Q1 growth slows but analysts unfazed CHINA’S Q1 GDP grew 7.4 per cent, the slowest growth since
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    • 498 4  -  Developer to start work on its venture with IWH by Dec By PAULINE NG in Kuala Lumpur SHRUGGING off concerns of a softer property market and looming oversupply, China’s Greenland Group yesterday inked an agreement with Iskandar Waterfront Holdings (IWH) to acquire
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    • 676 4  -  NZ, HK take 2nd, 3rd spots in Asia Pacific Investment Climate Index for 2014 By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT [SINGAPORE] The Republic is still the most attractive destination for foreign direct investment (FDI) in the region despite the tightening of its
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    • 480 4  -  Move could cost major shareholder Khazanah RM1.18b By S JAYASANKARAN in Kuala Lumpur A MALAYSIAN investment bank has suggested that beleaguered national carrier Malaysia Airlines (MAS) be taken private given the impoverishment of its oversold stock. In a research note yesterday, Maybank
      PHOTO: REUTERS  -  480 words
  • Page 2 Advertisements
    • 136 2 Choose from various club memberships or sell yours in CLASS 66 To advertise, call the Print Classified Hotline: 1800-289 9988 y Building a better working world \&k 7*^5 vvMj wb VJ 7 DRIVING INNOVATION, BUILDING THE FUTURE Entrepreneurship and innovation are instrumental to industries, communities and the global economy. We
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  • Page 3 Advertisements
    • 83 3 \\W° w Das 4: r > r m I ter Ifc— I 'Si.. I 3 SB I ii. t i Jp f.» K I: Congratulations to Volkswagen on the opening of “Das WeltAuto” in Singapore. 8 DBS COLOURGLOSS Rik eCoot±' RESPRAY CENTRE AUTO AR PTE LTD Avant Automobile I M
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  • Page 4 Advertisements
    • 123 4 Blow your own trumpet Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 9988 EXECUTIVE EDUCATION PROGRAMS I THE UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS f 1 Pure Chic Right On Your Doorstep V v-J
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  • Page 5 Advertisements
    • 460 5 QXVascular QT Vascular Ltd. (Company Registration No. *****5911K) (Incorporated in the Republic of Singapore on 6 March 2013) Initial Public Offering QT Vascular Ltd. (“QTV”) is engaged in the design, assembly and distribution of advanced therapeutic solutions for the minimally invasive treatment of complex vascular diseases. QTV collaborates with industry
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  • COMPANY NEWS
    • 773 6  -  HOCK LOCK SIEW By KENNETH LIM kenlim@sph.com.sg @KennethLimBT IN June, the Singapore Exchange (SGX) will enjoy a boost in liquidity as lowered fees and new discounts and rebates entice market makers and high-speed traders to set up shop here. That’s the plan, at least. But depending
      PHOTO: BLOOMBERG  -  773 words
    • 460 6  -  By ANITA GABRIEL anitag@sph.com.sg @AnitaGabrielBT THIS would be a chestthumping moment for Ezion Holdings, a listed offshore marine services firm, which will soon count veteran businessman Quek Leng Chan as its second top shareholder. Who would doubt having a seasoned corporate bigwig among big
      PHOTO: BLOOMBERG  -  460 words
    • 272 6  -  By VIVIEN SHIAO By vshiao@sph.com.sg @VivienShiaoBT TWO companies linked to Malaysian tycoon Quek Leng Chan are pumping a total of $194 million into Ezion Holdings through share subscriptions for a combined 7.7 per cent stake in the enlarged capital of the liftboat developer and
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    • 466 6  -  By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT KEPPEL Corporation yesterday reported a 5.1 per cent decrease in net profit to $338.7 million for its first quarter ended March 31, 2014, compared to $357 million a year ago. Excluding one-off gains from the reversal
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    • 572 7  -  They also ask MAS, SGX to require collateral only for big trades By R SIVANITHY sivan@sph.com.sg @RSivanithyBT THE Society of Remisiers (SOR) has asked the Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX) to retain the present settlement period of T+3 and
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    • 484 7  -  Gain achieved amid drop in turnover, net property income By LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT CAMBRIDGE Industrial Trust (CIT) has posted a distribution per unit of 1.251 cents for its first quarter ended March 31, 2014, a 1.4 per cent increase from 1.234 cents
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    • 297 7  -  By KENNETH LIM kenlim@sph.com.sg @KennethLimBT MEDICAL device maker QT Vascular is aiming to raise $55 million in what is so far the largest initial public offering on Catalist this year. The offer is by way of placement, with 196.4 million new
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    • 388 8  -  Winston Tan says he cannot afford to wait for Q3 EGM to evaluate RTO deal B y JAIRA KOH jairakoh@sph.com.sg DISSENTING Pteris Global director Winston Tan said his requisition to remove five of his fellow board members is necessary as it
      PHOTO: MARK CHEONG/ THE STRAITS TIMES  -  388 words
    • 263 8  -  By MINDY TAN tanmindy@sph.com.sg @MindyTanBT SABANA Shari’ah Compliant Industrial Real Estate Investment Trust’s (Sabana Reit’s) distribution per unit (DPU) fell 22 per cent to 1.88 cents per unit for the first quarter ended March 31, 2014, from 2.41 cents a year
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    • 357 8  -  The stake is currently held by a China development fund managed by the developer By LYNETTE KHOO lynkhoo@sph.com.sg @LynetteKhooBT CAPITALAND is acquiring another 80 per cent interest in CapitaLand (Beijing) Kai Heng Holdings Pte Ltd (CBKH) that it does not already own from
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    • COMPANY BRIEFS
      • 61 8 GLOBAL Logistic Properties Limited (GLP) has leased 34,000 square metres of space to a “leading smartphone manufacturer” at GLP parks in six cities across China. “The customer is an existing GLP customer and is leasing more space to service rising domestic demand for
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      • 145 8 NATURAL Cool Holdings Limited is selling its property at 20 Benoi Crescent for about $26.5 million through its wholly owned unit, Natural Cool Investments Pte Ltd. The group is expected to make a net gain of about $6.15 million on the proposed sale. On
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  • Page 6 Advertisements
    • 53 6 ALWAYS AT EASE, ANYTIME, ANYWEIERE, IN ANY SITUATION. OUR ELEGANTLY HIGH-TECH FOOTWEAR IS DELIGHTFULLY FUNCTIONAL AND BREATHABLE. EVERY DAY, ALL YOUR LIFE, I W 0 0 S GEOX SHOPS: CENTREPOINT #01 -23/24 GREAT WORLD CITY #02-19 ION ORCHARD #B2-47 MARINA SQUARE #02-127/128 PARAGON #03-50 RAFFLES CITY #02-27/28 VIVOCITY #01 -126
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    • 32 6 Needs room flat? IT t ''J If you're looking to buy or rent an HDB apartment, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988.
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  • Page 7 Advertisements
    • 113 7 Net Profit US$0.7 billion up by 13.7% on March 2013 668 587 551 469 348 278 Q C/D P March March March March March March 2009 2010 2011 2012 2013 2014 Total Assets US$125.9 billion up by 20.6% on March 2013 125.9 104.4 85.5 66.7 50.3 38.6 Q C/D P
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  • Page 8 Advertisements
    • 55 8 Congratulations to Datuk Lim Hong Tat Group Head, Community Financial Services Chief Executive Officer, Maybank Singapore for being named Retail Banker of the Year 2014 By The Asian Banker! A well-deserved award. Today we salute you for your outstanding success and remarkable achievements. Sam Goi Best Wishes from: Gilbert Ee
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    • 20 8 Hire pest control specialists or publicise your services in CLASS 116 To advertise, call the Print Classified Hotline: 1800-289 9988
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  • Page 9 Advertisements
    • 3946 9 MANDATORY CONDITIONAL CASH OFFER by Standard Chartered Standard Chartered Bank For and on behalf of 68 HOLDINGS PTE. LTD. (Incorporated in the Republic of Singapore) Company Registration No. *****4238W for HOTEL PROPERTIES LIMITED (Incorporated in the Republic of Singapore) Company Registration NO.*****0348Z OFFER ANNOUNCEMENT 1. INTRODUCTION 1.1 Standard Chartered Bank
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  • SINGAPORE MARKETS
    • 633 10  -  Index rises 6.88 points to end at 3,253.2, its highest close in about seven months STOCKS R SIVANITHY sivan@sph.com.sg @RSivanithyBT Senior Correspondent TUESDAY’S momentum in blue chips carried on into yesterday’s trading, sending the Straits Times Index up 6.88 points to 3,253.2, a third
      Source: Bloomberg  -  633 words
    • 77 10 Apr 16 VALUE CLOSE BT OB/OS 95.00 +80.00 BT CADI -*****.00 +59.00 BT 10-day MA -*****.00 +10.00 FTSE ST Mid Cap 746.69 +5.29 FTSE ST Small Cap 548.50 +2.13 FTSE ST All Share 789.43 +2.43 FTSE ST China Top 201.88 +1.85 FTSE ST China 230.19 +1.19 FTSE
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    • 186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 7 1 0 0 0 8 7 1 Manufacturing 47 45 49 4 10 8 51 55 57 Commerce 23 20 16 3 4 4 26 24 20 Tpt/Stor/Comms 20 17 5
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    • 911 10  -  Compiled by TEH SHI NING Keppel Land April 16 close: $3.49 CIMB Research, April 16 THERE were no surprises in KepLand’s results Q1 14 core EPS was 24 per cent of our full-year forecast and consensus. Development sales in China and Singapore were soft in the quarter. Given
      Source: Bloomberg  -  911 words
    • 123 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 26,920 26,920 73,123 73,123 Manufacturing 340,453 50,932 391,385 136,900 2,881 139,781 Commerce 189,875 168,934 358,809 136,721 10,269 146,991 Tpt/Stor/Comms 118,769 1,980 120,749 131,832 221 132,053 Finance 17,834 747 18,581 140,331 211 140,543 Construction 40,127 135,703
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    • 123 10 Stock name Close Change CapitaLand 3.130 +0.020 CapitaMall Trust 1.990 +0.005 CapitaMalls Asia 2.190 CityDev 10.37 +0.060 ComfortDelGro 2.020 -0.010 DBS Grp 16.84 +0.100 Genting Sing 1.320 Global Logistic 2.700 +0.040 Golden Agri-Res 0.605 +0.015 HPH Trust USD 0.675 +0.010 HongkongLand USD 6.880 -0.050 JMH 400
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    • 569 10 CURRENCIES Reuters [LONDON] The yen fell against the dollar and the euro yesterday, hit by comments by Japan’s finance minister that traders took as a sign of future buying of Tokyo stocks by its state pension fund. The sterling, on the other
      Reuters; PHOTO: BLOOMBERG  -  569 words
    • 58 10 VOLUME Albedo 124,719,000 Charisma Energy 112,727,000 HanKore Env 106,298,000 SunMoon Food 72,102,000 Noble 62,071,000 CapitaMalls Asia 55,156,000 Golden Agri-Res 51,695,000 LionGold 49,865,000 Compact Metal 45,516,000 Biosensors 28,793,000 VALUE($) CapitaMalls Asia 121,023,165 Noble 79,377,120 DBS Grp 62,063,060 Global Logistic 58,638,755 SingTel 58,234,498 CapitaLand 41,935,440 UOB 38,543,580 CapitaCom Trust
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    • 116 10 BY CENTS CLOSE UP SPDRS S&P 500 10US$ ***** 310.4 1.4 SPDR DJIA 10US$ ***** 247.8 1.2 DBXT iBoxxSvEu 5US$ ***** 205.2 0.6 DBXT MSJAP 10US$ 4346 107.6 2.0 DBXT EONIA 5US$ ***** 86.4 0.4 DBS.ES.1404 1684 84.0 5.3 Lyxor Indonesia10US$ 8957 77.6 0.7 DBXT MSUSA 10US$ 4632 72.6
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    • 132 10 BY CENTS CLOSE DOWN IS DJ US Tech 8789 -113.9 -1.0 DBXT Nifty 10US$ ***** -110.1 -0.8 GLD 10US$ ***** -85.1 -0.5 DBXT AUDCS 5US$ ***** -76.3 -0.3 DBXT FTVietnam 10US$ 2757 -62.6 -1.8 Jardine C&C 4692 -58.0 -1.2 DBXT AUDCS 5SG$ ***** -48.0 -0.2 DBXT S&P Short 10US$
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    • 5 10 DAILY
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  • SINGAPORE NEWS
    • 695 11  -  Bids for 99-year residential site much lower than those for its neighbour By LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT YESTERDAY’S tender close was a story of two plots side by side, sold two years apart one in the 2012 property boom and the other after
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    • 543 11  -  SPORTS By LEE U-WEN leeuwen@sph.com.sg @LeeUwenBT IT will cost as little as $16.90 for a ticket to catch the world’s top women’s tennis players in action here this October. The first details about tickets to the first BNP Paribas Women’s Tennis
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    • 330 11  -  BY. KELLY TAY ke||ytay@sph.com.sg @Ke||yTayBT FEWER Singapore businesses have merger and acquisition (M&A) plans in the next three years than they did a year ago, said Grant Thornton in its International Business Report released yesterday. More than a quarter (27 per cent)
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    • 305 11  -  By LEE U-WEN leeuwen@sph.com.sg @LeeUwenBT SINGAPORE’S biggest water festival, the DBS Marina Regatta, is coming back for a third instalment next month, with a prize purse of $195,000 up for grabs. DBS, which first organised the event in 2012, announced yesterday that
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    • 345 11  -  By SHEENA TAN tsheena@sph.com.sg COMPANIES looking to raise their productivity may do well to copy ideas from outside their industry, Senior Minister of State for Trade and Industry Lee Yi Shyan said yesterday. He made this point at the “Getting Real with Productivity” forum,
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    • 353 11  -  By LISABELLE TAN lisatan@sph.com.sg SINGAPOREAN parents are under-plan-ning the financing of their children’s schooling, even though education is highly valued here, a survey has found. HSBC’s The Value of Education: Springboard for Success survey studied more than 4,500 parents in 15 countries and territories on their
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    • 477 11  -  By KARA QUEK karaquek@sph.com.sg THE high COE (Certificate of Entitlement) prices don’t seem to have diminished Singaporeans’ aspirations, according to a poll by market research group Nielsen with nearly 50 per cent intending to acquire a car in the
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  • MALAYSIA/INDONESIA
    • 779 12 Inflationary pressures are easing after interest rates were raised last year Bloomberg [JAKARTA] Indonesia will have a chance to ease monetary policy next year as inflation slows, after maintaining a tight stance this year, Bank Indonesia deputy governor Halim Alamsyah said. Inflationary pressures
      Bloomberg  -  779 words
    • 497 12 [KUALA LUMPUR] CIMB Group Holdings managing director and chief executive Nazir Razak said the financial group is a little anxious over the implementation of the Asean Economic Community (AEC) despite the group already being very “strongly aligned to the AEC vision”. “We still lack clarity
      PHOTO: BLOOMBERG  -  497 words
    • 336 12 Bloomberg [JAKARTA] Cocoa purchases by Indonesia, the thirdbiggest grower, will probably increase four-fold to a record this year as the government plans to scrap an import tax, according to the country’s grinders association. Shipments may reach 120,000 metric tons
      Bloomberg  -  336 words
  • Page 12 Advertisements
    • 945 12 Keppel Corporation Limited Co Reg No: *****0351N (Incorporated in the Republic of Singapore) First Quarter 2014 Financial Statement 1. UNAUDITED RESULTS FOR THE FIRST QUARTER ENDED 31 MARCH 2014 The Directors of Keppel Corporation Limited advise the following unaudited results of the Group for the first quarter ended 31 March
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    • 65 12 Your destination for innovative workscape solutions. OPpljC ASIA 16 18 July 2014 Marina Bay Sands, Singapore Sands Expo and Convention Center Level 1, Hall A B Next-Generation Workscape Showcasing a-XvSvT-a Training needs for the Workforce^ Next-Gen Office k Solutions a Enterprise Technology ‘Free Admission! Register at www.OfficExpoAsia.com/visitl To Exhibit: OEA@bizlink.com.sg
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    • 41 12 R 0 P E R T Y l»l." ReZT, Cl I mmed. J 4K ne QNEW! NEWTON (MPERI4I APARTMENTS FOR RENT Check this and many other properties in The Straits Times Classified now! THE STRAITS TIMES CLASSIFIED -BUY IT-SELL IT-FIND IT-
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  • CHINA/INDIA
    • 530 13 Quicker pace puts pressure on RBI to keep interest rates elevated Bloomberg [MUMBAI] India’s consum-er-price inflation quickened in March for the first t i me i n f our mon t h s putting pressure on the cenputting pressure on the central bank to
      Bloomberg; PHOTO: BLOOMBERG  -  530 words
    • 396 13 Reuters [SHANGHAI] Chinese companies that have lent money to other companies are facing a potential wave of defaults, with several listed firms already reporting missed loan repayments. Shipbuilder Sainty Marine Corp on Tuesday became the latest listed firm to report that it
      Reuters  -  396 words
    • 254 13 AFP [BEIJING] Tens of thousands of workers were on strike yesterday at a factory in southern China which makes shoes for Nike and Adidas, rights groups and a worker said. More than 30,000 employees at the Yue Yuen Industrial (Holdings) factory in Dongguan city
      AFP  -  254 words
    • 304 13 Reuters [SAN FRANCISCO] Alibaba Group Holding accelerated revenue growth in the crucial fourth quarter, the company reported on Tuesday, a timely lift for the company as it prepares for a highly anticipated public offering. Alibaba’s resurgence helped lift shares in Yahoo Inc, which
      Reuters  -  304 words
  • Page 13 Advertisements
    • 396 13 Lillie MODERN GARDEN SQUARE LIVING Square Earls Court London f rUK tjy -JL' mi H ii i 'j i SI I i m. y,M i 1 SSI ISi M rial Ufeiff TOr jj? 8*7 i a-'■■,-V :r ■i a INFORMATION ROADSHOW Date: Friday 18 Sunday 27 April Time: 11am to
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  • S SPECIAL LUXURY LIVING
    • 839 14 / 15  -  Add luxe to your home with artisan sofas, 3D carpets and lifestyle kitchens By MIKE LEE “YOU don’t buy luxury to enter a community, but to set yourself apart from others,” says Mr Francois-Henri Pinault, chief executive of luxury and sports lifestyle group Kering. It is
      PHOTOS: DANOVEL, MING & QING, KITCHEN CULTURE, MERONI, NOBEL DESIGN, THE BEAR KNOWS, XZQT  -  839 words
    • 666 16  -  Use refined textiles for your sofa to give it an elegant feel By TEO KUAN YEE DISCERNING home owners are going for textured fabrics that liven up their cosy nooks and luxe it up. And choices are aplenty, from smooth velvets and suede, to light and airy cotton,
      PHOTOS: DANOVEL, MINOTTI  -  666 words
    • 606 17  -  Go beyond functionality for a dining table to suit all occasions By JOSEPH LIM IF YOU love to entertain at home, investing in a practical dining table should be high on your agenda. But is practicality all there is to a good dining table? The
      PHOTOS: MARQUIS, MERONI, FURNITURE CLUB, XZQT  -  606 words
    • Article, Illustration
      241 17 Choice picks from three showrooms Shop smart Five things to note before you buy a dining table: nConsider your space: Is it rectangular, round or square? Think about whether there’s room for an extendable feature for your table. nThink about the number of guests you usually entertain before
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  • Page 14 / 15 Advertisements
    • 103 14 / 15 The Timeless Art of Fine Living Fine reproductions of "Ming Qing" furniture from exotic timber like Hainan Vietnam HuangHuaLi, Lao's Redblackwood, Myanmar Rosewood etc.. Featuring the largest collection of HuangHuaLi Lao's Red-blackwood collection in Singapore. Ming Red-Blackwood Luohan Bed with Three-Panel Railings 'Ming' Red-Blackwood Shelves with Alternating Square Openings Lattice
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    • 92 14 / 15 DANOVEL The Handcrafted Fabric Sofa OVER 50YEARS OF HANDCRAFTING SOFA EXPERIENCE Danovel Sofas meet British Standards for Durability, BS EN *****-2 BS EN1022. m /i V f N CUSTOMISED SOFAS BEDS WALLCOVERINGS FABRIC CURTAINS BLINDS INTERIOR STYLING UPHOLSTERY SOFT FURNISHINGS FOR HOME/OFFICE/MARINE DANOVEL PTE LTD TANGLIN OUTLET: 19 Tanglin Road
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    • 257 14 / 15 Introducing the new TEMPUR® Breeze Comfort and freshness for a great night's sleep L^TEMPUR MATTRESSES AND PILLOWS 41 A Pr 2n e A fresh new way of sleeping Getting a good night's sleep in Singapore's tropical climate might be a challenge, especially when high humidity levels cause heat and discomfort.
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    • 286 14 / 15 ©MERONI YOUR DREAM HOME COMES TRUE European Elegance, Exqusite Style BUTTERFLY TABLE (Design be Angelo Tomaiulo) The table top is available in marble or glass, supported by a base made in thermal bent plywood and veneered in black walnut, dark oak or lacquered white. The audacious design of the base
      286 words

  • Page 16 Advertisements
    • 201 16 kitchen culture matched, we always believe in providing a perfect solution for your kitchen. tit exclusive brands poggen pohl Kuppersbusch as The Swiss Leoder rational HSCKer |sub»zeroJ [iholf IflCORflUE LIEBHERR T'lica irinox KWC interlubke] fimes exclusive showroom 2 leng kee road #01 -02/05/07/08 thye hong centre Singapore *****6 t: [65]
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  • Page 17 Advertisements
    • 170 17 THE BEAR KNOWS™ Contemporary European Home Furnishing RRP; S$ 5,650.00 Now: S$4,800 Adjustable Headrest TIMEOUT “The perfect relaxing chair” Made in Sweden Footstool angled for natural support Hr Reclinable and patented ergonomic back support. Products Fully Imported from Europe The Bear Knows™ Flagship Store Liang Court #03 05/06/07/08 177 River
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    • 134 17 XZQX Italian Dining Sale Interior innovation award Orbital Table Design by Baron Table OdysseWfable calligans O Tf Key Table Traslo Table Widest Collection Of Italian Dining Tables BONALDO i si Big Table BONALDO 13 kjf jfi llTi 1 ProraTable Mille Table L llJUii I Innovative Design Elegant Extendable Italian Dining
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  • WORLD
    • 776 18 Analysts warn that their thriftiness could be holding back global growth AFP [TOKYO] Impatient shareholders are calling on the world’s top firms to start spending some of the eyepopping US$2.8 trillion in cash built up since the financial crisis, as analysts
      AFP; PHOTOS: BLOOMBERG  -  776 words
    • 810 18 They are seeking to protect livelihoods amid rising inflation Bloomberg [TOKYO] Bank of Japan governor Haruhiko Kuroda’s success in stoking inflation is changing the way 63-year-old Tokyo housewife Ritsuko Ueda manages her savings. Ms Ueda is one of thousands of ordinary Japanese trying to
      Bloomberg; PHOTO: BLOOMBERG  -  810 words
    • 817 18 Stocks rise as Abe’s policies put spotlight on greater ROE Reuters [TOKYO] Some Japanese Internet companies are getting a boost from foreign investors as Prime Minister Shinzo Abe pushes for an elusive strength his country’s firms are not known for high returns. Overseas long-term
      Reuters  -  817 words
    • 684 19 Its Q1 results offer hope that its turnaround strategy may be working WP [WASHINGTON] Yahoo showed small, but encouraging signs of growth, reporting better than expected first-quarter results and offering hope that chief executive Marissa Mayer’s turnaround strategy may be working. The tech giant
      WP  -  684 words
    • 428 19 Reu ters [LONDON] Britain’s biggest retailer Tesco said it saw no let-up in sight as it posted a 6 per cent fall in annual profit, its second straight year of decline, piling pressure on chief executive Phil Clarke. The group, the world’s No.
      Reuters  -  428 words
    • 528 19 Bloomberg [LOS ANGELES] Deutsche Bank is in talks with potential buyers of its Cosmopolitan resort in Las Vegas as it tries to end a six-year, money-losing venture into casino development, sources said. Germany’s largest bank is seeking more than US$2
      Bloomberg  -  528 words
    • 660 20 Beijing’s collateral crackdown seen pressuring prices Reuters [SYDNEY] Australian miners are racing ahead with plans to expand iron ore production to capture more of the Chinese market for the steelmaking ingredient, amid strong competition from the world’s biggest supplier,
      Reuters; PHOTO: BLOOMBERG  -  660 words
    • 808 20 Businesses are also increasing hours for current employees and adding benefits Bloomb erg [ATLANTA] To hire 10 to 15 project coordinators this year, Sabre Commercial Inc has boosted pay 10 per cent and added a 401(k) retirement plan. “It is an employee’s market,”
      Bloomberg  -  808 words
    • 367 20 Reuters [NEW YORK] A desire by investors for more investment products contributes to excessive complexity in the US stock market, the US securities regulator in charge of analysing the stock market’s structure said on Tuesday. The argument that some market participants are
      Reuters  -  367 words
    • 552 22 Increase indicates factories recovered after a weatherdepressed start to the year LATEST US DATA Bloom berg Reuters [WASHINGTON] Industrial production rose more than forecast last month after a February gain that was twice as big as previously estimated, indicating US factories recovered after a
      Bloomberg; Reuters  -  552 words
    • 579 22 It reports Q1 loss of US$276m but CEO says operations yielded solid results Bloomberg [NEW YORK] Bank of America, the second-biggest US lender, swung to a loss as the company booked US$6 billion of costs tied to mortgage disputes. The first-quarter loss
      Bloomberg; PHOTO: AFP  -  579 words
    • 257 22 Bloomberg [TOKYO] Mt Gox, the bitcoin exchange that collapsed in February, gave up on a plan to revive itself, dealing a setback to creditors seeking the recovery of hundreds of millions of dollars in the virtual currency. “There are no prospects for the
      Bloomberg  -  257 words
    • BRIEFING
      • 148 22 Bloomberg [LONDON] Britain’s unemployment rate dropped to a five-year low in February, underscoring the strength of the economic recovery and raising the prospect of a debate among Bank of England officials about whether to raise interest rates. The jobless rate, measured
        Bloomberg  -  148 words
      • 149 22 Reuters [ATHENS] Greece’s economy will stabilise this year after a six-year recession and may manage a small expansion, think tank IOBE said yesterday, projecting that unemployment will ease by one percentage point to 26 per cent. The Athens-based research institute also said Greece’s return
        Reuters  -  149 words
      • 85 22 AFP [SLAVYANSK] Ukrainian and pro-Russian forces flexed their military muscles in the restive east of the country yesterday, a day ahead of high-level diplomatic talks on the escalating crisis. Armoured vehicles from the rival sides appeared on the streets of two neighbouring
        AFP  -  85 words
      • 128 22 AFP [LONDON] Starbucks said yesterday that it was relocating its European headquarters from the Netherlands to Britain a year after the US coffee giant was heavily criticised by British lawmakers for tax avoidance. The company, the world’s largest coffee shop chain, said that
        AFP  -  128 words
    • 430 22 Bloomberg [FRANKFURT] Daimler AG, the world’s third-biggest maker of luxury cars, will receive 2.43 billion euros (S$4.2 billion) for the 50 per cent stake in an engine joint venture that it’s selling to partner Rolls-Royce Holdings plc. The transaction will be completed
      Bloomberg  -  430 words
    • 584 23 Earnings way off analysts’ forecasts, poorer bond-trading revenue to blame Reuters [ZURICH] Credit Suisse said yesterday that its first-quar-ter net profit fell by more than a third on the year as revenue from bond-trading activities tumbled. Its net profit of 859
      Reuters; PHOTO: BLOOMBERG  -  584 words
    • 253 23 AFP [NEW YORK] A New York regulator probing Credit Suisse’s role in enabling tax evasion has demanded a trove of additional documents from the bank, a person familiar with the situation said on Tuesday. Benjamin Lawsky, New York’s superintendent of financial services, last
      AFP  -  253 words
    • 713 23 It aims to convince jurors the claims are exaggerated Bloomberg [SAN FRANCISCO] Samsung Electronics began its attack on patents Apple has asserted in a US$2 billion case by trying to convince jurors that the iPhone maker exaggerated claims about inventions allegedly copied by the Galaxy
      Bloomberg  -  713 words
  • Page 18 Advertisements
    • 353 18 ASPIAL CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****1030G) NOTICE OF RESULTS OF MEETINGS to the holders of the outstanding S$85,000,000 5.20 per cent. Notes due 2015 (“Series 1 Notes”) and S$65,000,000 4.65 per cent. Notes due 2014 (“Series 2 Notes”) issued by Aspial Corporation Limited
      353 words

  • Page 19 Advertisements
    • 333 19 STPROPERTY FORUM REAL ESTATE OPPORTUNITIES RISE UP TO THE CHALLENGES IN THE SINGAPORE PROPERTY MARKET TSt —I L i An Insight For Real Estate Professionals and Investors With the implementation of seven rounds of cooling measures in Singapore, industry professionals and investors are grappling with a more challenging real estate
      333 words

  • Page 20 Advertisements
    • 367 20 STRATEGIC GAME PLAN: BUYING PROPERTY IN MALAYSIA SEMINAR 3 MyPaperffiffi Ance SERIES 1 V ill 7- I II I II II II II II Sunday, 27 April 14, 2pm 5pm SPH News Centre Auditorium, 1000 Toa Payoh North Registration Fee: $5 nett (inclusive of refreshment after the seminar) Seminar is
      367 words
    • 22 20 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
      22 words

  • Page 21 Advertisements
    • 870 21 LUPUS ENTERPRISES LIMITED (the “Company”) BC No. *****49 (IN VOLUNTARY LIQUIDATION) Notice is hereby given pursuant to Section 204(1)(b) of the BVI Business Companies Act 2004, as amended, that the Company is in voluntary liquidation. The date of commencement of the liquidation is 3 April 2014. The liquidator of the
      870 words
    • 3387 21 SAKARI RESOURCES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4024R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SAKARI RESOURCES LIMITED (the "Company”) will be held at The Chengal 1 Room, Crowne Plaza Changi Airport, 75 Airport Boulevard, Singapore *****4
      3,387 words

  • Page 22 Advertisements
    • 43 22 CAPTAIN KOHLI? Isn’t it time he took over from Dhoni as India’s Test team captain? Banker and crusader come together to contest polls in Mumbai for AAP GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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  • Page 23 Advertisements
    • 557 23 The Power Of Building Relationships Who should attend: Social media specialist, Digital marketers, Students, Professionals, Managers, Executives, Business Owners, Supervisors, Team Leaders, General Managers and Educators 2014 APR SERIES Productivity ar »d innovation Credit (PiQ Claimable FULL-DAY WORKSHOPS Insights On Organisational Human Behaviour This workshop will give you the tools
      557 words

  • SINGAPORE BUSINESS AWARDS 2014
    • 905 24  -  By ANDREA SOH sandrea@sph.com.sg “I HOPE everyone is having a very ‘Happy Meal’”, McDonald’s China CEO Kenneth Chan said to the audience of 700. From good food and fine wine, to the company of Singapore’s most distinguished business leaders, their spouses, associates and friends, the
      Photos by JOHN HENG and ARTHUR LEE  -  905 words


  • EDITORIAL & OPINION
    • 546 26 EDITORIAL FORMER deputy foreign minister of Japan Hitoshi Tanaka made a startling observation during a briefing in Tokyo last week that fully 50 per cent of the audience at a presentation he gave in South Korea recently expected “conflict” to erupt between
      546 words
    • 827 26  -  THE BOTTOM LINE ROBERT SAMUELSON The Washing ton Post Writers Group IF you know someone among the long-term unemployed a category that includes workers who have been jobless at least six months, but in many cases much longer you understand what
      The Washington Post Writers Group  -  827 words
    • 989 26  -  S’pore firms are beginning to apply design principles to enact organisational change By AZZLI JAMAIN The writer is director, creative and professional services division, Singapore Workforce Development Agency DESIGN thinking can be thought of as a protocol, a strategy or a way
      PHOTO: NEO XIAOBIN/THE STRAITS TIMES  -  989 words
    • 1094 27  -  The IMF should not give the impression that the ‘new normal’ is ‘anything goes’ ANTHONY ROWLEY Tokyo Correspondent A CERTAIN levity, if not complacency, has entered the global debate on monetary policy and there appears to be a growing belief that the purported “new
      PHOTO: AFP  -  1,094 words
    • 831 27  -  REUTERS BREAKINGVIEWS B)’ ROB COX CRAZY valuations even after a recent dip are not the only signal that parts of the US stock market, particularly Internet companies, are in bubble territory. The willingness of investors in hot initial public offerings to
      831 words
    • 847 27  -  By GAVIN YAMEY HELEN SAXENIAN The writers are, respectively, a professor in the Global Health Group at the University of California, San Francisco, who leads the Evidence to Policy Initiative; and a senior consultant at the Results for Development Institute, Washington, DC Project Syndicate [SAN
      Project Syndicate; PHOTO: AFP  -  847 words


  • SHIPPING/AVIATION
    • 592 28 More than 280 missing after it capsized en route to Jeju island Reuters [SEOUL] More than 280 people were missing after a ferry sank off South Korea, the coastguard said yesterday, with a three-fold increase in the number of passengers unaccounted for put down
      Reuters; PHOTO: REUTERS  -  592 words
    • 346 28 Bloomberg [HONG KONG] China Southern Airlines Co, the nation’s third-largest carrier, estimated a loss in the first quarter, compared with a profit in the same period last year, as a weaker yuan caused foreign-exchange losses. The airline expects to report a loss of 300
      Bloomberg  -  346 words
    • 510 28 This follows short Monday mission and Tuesday night hunt Reuters [PERTH] Officials searching for a missing Malaysia Airlines jetliner were waiting yesterday for the results of a US Navy underwater drone’s first full mission, after it was forced to abort its maiden deployment because it
      Reuters  -  510 words
    • 353 28 It decides on Ras Al Khaimah after local carrier suspends ops Bloomb erg [DUBAI] Air Arabia, the only listed airline in the United Arab Emirates (UAE), will begin flights on May 6 from a new hub in the sheikdom
      Bloomberg  -  353 words
    • 252 28 SGX '000 Apr 16 S$ +/-Vol Ch Offshore 0.43 -0.01 163 Chuan Hup Hldg 0.26 0.01 124 Cosco Corp 0.72 unch 743 Cwt Limited 1.49 -0.01 514 First Ship Lea 0.11 unch 67 Grand Banks 0.23 unch 246 Jaya Hold Ltd 0.78 -0.01 2725 K1Ventures 0.20 unch 2150
      252 words
  • Page 28 Advertisements
  • Page 28 Miscellaneous
    • 350 28 CRYPTIC CROSSWORD Across 1 Memorial to encapsulate drinking venue in Ireland, say (8) 5 Message given after departure cancelled? A swindle (3-3) 10 Unconventional place to go at this medical institution (7,8) 11 Tinker adjusted front of tatty small ornament (7) 12 Comfort achieved in Switzerland with soup on reflection
      350 words

  • 1203 29 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
    1,203 words
  • 288 29 MARKET For the second consecutive year, Swire Shipping, the liner trade division of The China Navigation Company (CNCo), was presented with the prestigious “Ship Owner Operator Award 2014’’ award at the annual Seatrade Asia awards ceremony in Singapore
    Photo Credit: SeatradeAsia  -  288 words
  • Page 29 Advertisements
    • 80 29 Importers looking for Warehouse USE THIS SPACE TO SELL? Can they find your services here in the Shipping Times? CALL JOE WONG AT 9620 1327 TO ADVERTISE Legal services required by shippers owners Can they find your services here in the Shipping Times? The Business Times The Business Times the
      80 words

  • SINGAPORE STOCKS
    • 4168 30 Transaction date: Apr 16 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 Sale 96.5 69 ABR 20 3.3 A-Sonic Aero ('000) High Low Buyer Seller Div Gr Yld C'vr Net
      4,168 words
    • 342 31 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
      342 words
    • 11399 31 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.53/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Asian Smaller Cos'** 1 9393/ China Opportunities! EM Local Ccy Bond .0 9054/ European Opportunities!’’ 1.3394/ Global Emerging Markets'" Global
      11,399 words
    • 262 31 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 62 34.9 AVJennings A57 -1 9 57 55 57 60 3.6 6.1 4.6 211 52 35.5 Genting HK US$ US39 unch 1193 39.5 39 39 39.5 2568
      262 words
    • 1129 31 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 121 108.3 ABF SG Bond ETF 114 4 114 114 113.5 114 520.4 143 119 CIMB APAC Div 100S$D 129.1 +0.1 129.1 129.1 127.8 130.4 114.4
      1,129 words


  • FINANCE & COMMODITIES
    • 664 32 Apr 16 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.87 *****.30 *****.59 Jun14 *****.00 *****.00 *****.00 *****.00 ***** *****8 Sep14 *****.00 *****.00 *****.00 *****.00 52 8638 MSCI TAIWAN INDEX FUTURES SPOT 317.47 318.46 316.18 Apr14 317.30 318.30 314.20 316.90 ***** *****3 May14 317.50
      664 words
    • 373 32 In local curr In S$ In US$ dy yr dy yr dy yr Apr 15 Index Change Change Change Change Change Change World Preliminary 1162.9 -0.3 -1.8 -0.3 -2.1 -0.4 -1.4 EAFE Preliminary 926.0 -0.5 -3.2 -0.4 -2.5 -0.5 -1.7 Europe Preliminary 1344.4 -0.9 -0.8
      373 words
    • 471 32 Apr 16 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.028 5.821 0.676 7.256 56.399 106.979 0.956 9.716 3.031 1.089 90.225 41.580 1.171 9.869 0.822 28.238 30.200 0.558 0.936 Canada 0.973 5.665
      471 words
    • 31 32 Apr 16 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) (S$) 1 mth ..0.***** Source: Thomson Reuters
      31 words
    • 76 32 Apr 16 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****T 31-Oct-14 0.32 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.32 5-Year NX*****W 2.5 01-Jun-19 105.36 105.44 105.42 10-Year NX*****H 2.750 01-Jul-23 102.73 15-Year
      76 words
    • 139 32 Apr 16 GOLD(US$/oz) Apr 16 Apr 15 Hong Kong 1307.00 1323.00 Apr 15 Apr 14 London 1301.69 1328.43 1302.56 1329.15 Source: Thomson Reuters CAST BAR Apr 16 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 79 50 5gm 313 259 10gm 584 520
      139 words
    • 57 32 Apr 16 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 14 2703.0 2736.0 2737.0 2703.0 346 6290 Jun 14 2680.0 2700.0 2705.0 2670.0 ***** ***** Jul 14 2665.0 2684.0 2691.0 2655.0 ***** ***** Aug 14 2652.0 2674.0
      57 words
    • 155 32 Apr 16 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1708 1.1712 0.9356 0.9358 Canadian dollar 1.1393 1.1399 0.9107 0.9104 Euro 1.7322 1.7328 1.3842 1.3845 NZ dollar 1.0747 1.0755 0.8588 0.8593 Sterling pound 2.0977 2.0986 1.6763 1.6767
      155 words
    • 109 32 Apr 15 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 14 1501.25 1476.25 1509.25 1473.50 Jul 14 1487.50 1463.50 1493.75 1460.25 Aug 14 1409.50 1392.25 1415.25 1389.75 Sep 14 1290.50 1277.00 1294.75 1273.75 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 14
      109 words
    • 94 32 Apr 15 COCOA (£/tonne) Close Prev High Low May 14 1860 1870 1875 1859 Jul 14 1868 1878 1882 1865 Sep 14 1869 1879 1883 1867 Dec 14 1861 1870 1874 1860 COFFEE(US$/tonne) Close Prev High Low May 14 2121 2132 2147 2117 Jul14 2128 2134 2150 2120 Sep
      94 words
    • 1050 32 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 38 0.3 1 90 0.57 51 Asia-Pacific Strategic W*****6 Ratio Exer Albedo Limited W*****9 Prem Asiatic Grp(Hldgs) Ltd W*****5 2.3 0.1 416 0.0 2 17 Asiatravel.com HoldingsW*****7 3
      1,050 words
    • 70 32 CRUDE OIL PRODUCTS Apr 15 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.22 1.14 WTI (Near Mth) 103.53 -0.12 Dubai (1-Mth F) 105.26 0.93 Tapis blend 112.62 0.86 Minas 109.92 0.86 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.39 -0.22 Jet Kerosene 121.46 0.80 US$/barrel OpecOil Basket
      70 words
    • 23 32 Apr 16 Apr s$ Bid Offer 1-month 1.2514 1.2516 2-months 1.2513 1.2516 3-months 1.2513 1.2515 6-months 1.2511 1.2513 Source: OCBC
      23 words
    • 65 32 Apr-15 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1813.50 1844.00 3 months 1852.00 1882.00 Copper, Grade A(US$/tonne) Cash 6545.00 6661.75 3 months 6541.00 6667.00 Lead(US$/tonne) Cash 2085.50 2098.75 3 months 2109.00 2121.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
      65 words
    • 121 32 As at 9am Apr 16 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.198 1.141 Can dollar 1.161 1.117 Euro 1.772 1.688 Sterling pound 2.137 2.055 NZ dollar 1.102 1.060 US dollar 1.278 1.218 Local dollars to 100 units of foreign
      121 words
    • 154 32 Apr 16 $S Offer Bid 0vernight 0.05 0.02 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.05 US$ Offer Bid 7 days 0.20 0.10 1 month 0.25 0.15 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
      154 words

  • PROPERTY
    • 1058 33  -  City police’s mounted unit is set to move its HQ to upscale Mercedes House, where 1,000 people already live, reportsMATT MATT A V CHABAN NYT [NEW YORK] THE newest residences at Mercedes House, a ziggurat of luxury rentals on Manhattan’s Far West Side, provide tenants
      NYT; PHOTO: MICHAEL NAGLE/THE NEW YORK TIMES  -  1,058 words
    • 1309 33 PROPERTY TRANSACTIONS FOR DISTRICTS 2 TO 27 WITH CONTRACT DATES BETWEEN MARCH 5 AND MARCH 11, 2014 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 2 NON-LANDED Craig Place Apt 10/03/2014 99 1152 1700 1476 Spottiswoode Suites Apt 07/03/2014
      1,309 words
    • 494 34  -  Hotel undergoing renovation; to be unveiled as Sofitel brand next year By RAPHAEL LIM raphlim@sph.com.sg ROYAL Group has appointed hotel operator Accor to manage its newly purchased hotel on Sentosa under the Sofitel brand, the group’s second Sofitel in its portfolio. The hotel,
      494 words
    • 402 34 New property construction plunges 25% Bloomberg [SHANGHAI] China’s home sales fell and new property construction declined 25 per cent in the first quarter, as credit remained tight, adding to signs of a slowdown in the world’s second largest economy. The value of
      Bloomberg  -  402 words
    • 575 35  -  Pricing tipped to be in the region of $2,340 psf of net lettable area By KALPANA RASHIWALA kalpana@sph.com.sg @KalpanaBT A CONSORTIUM that includes private equity group KOP is believed to be doing exclusive due diligence on a potential purchase of Keppel Reit’s majority
      575 words
    • 335 35 Record 2014 sales of 50b euros: Cushman Wakefield Bloomberg [LONDON] European prop-erty-loan sales will rise 65 per cent to a record 50 billion euros (S$86.5 billion) this year as improving economies in the region prompt investors to set aside more money for deals, Cushman
      Bloomberg  -  335 words
    • 185 35 Bloomberg [TOKYO] A study is underway for the possible construction of a cable car that links 2020 Tokyo Olympics venues with a business area near the Ginza shopping district, said a mayor of the local municipal government. A construction company is studying the
      Bloomberg  -  185 words
  • Page 33 Advertisements

  • Page 34 Advertisements
    • 459 34 Residences at Emerald Hill For Sale Immediate Occupation! Exclusive 33 freehold units, size from 1657 to 5791sqft Choice of 3 or 4 Bdrm, Penthse Strata-Landed Terrace House Prestigious address in the quainter heart of Orchard Attractive promotion available now Nearby Somerset MRT, The Heeren, Paragon, 313@Somerset, Orchard Central, Chatsworth International
      459 words
    • 124 34 WAREHOUSE SPACE FOR LEASE CHANGI SOUTH 1) Ramp-up Logistics Facility High clearance and floor loading capacity Well equipped with ample covered loading bays with dock levellers Sizes from 30,000 sq ft to 210,000 sq ft 2) Warehouse Facility Both ambient and aircon warehouse are available Sizes from 20,000 sq ft
      124 words
    • 107 34 FOR SALE BY TENDER Australian Property Finance Have you recently bought an Australian property and need a loan to complete the transaction? Already own and want to ensure you have the best loan? CONTACT SPECIALIST MORTGAGE HERE IN SINGAPORE FOR FREE IMPARTIAL ADVICE TO REVIEW ALL OF YOUR OPTIONS. Web
      107 words

  • Page 35 Advertisements
    • 374 35 ST REGIS RESIDENCES FOR SALE IN D10 4Bdrm-3897Sqft PentHouse-6017Sqft Full Condo Facilities Near Tanglin Mall Please contact TOKIO PROPERTY SERVICES PTE LTD 9670 0285 Toru Takano 6737 5187 Weng Clermont Residence 181 Luxury units Lush landscaped park at doorstep Direct connectivity to Tanjong Pagar MRT Well facilitated with concierge services
      374 words
    • 378 35 For the outlook of 2014, tong term capital continues to flow into Asia and the Gateway cities. Singapore 3/4 stars Hotel (CBD area) Opportunistic Investment in Residential bloc sale Strata Office Space Core Office Investment in Prime Location Grade B office building with 3.5% yield Grade A office building Value
      378 words

  • Page 36 Advertisements
    • 107 36 WmMA TS: •vl m K -,vA- v A' V; N *A-:.:v v < a■.wt .:>><} ‘S7 VK.n V .v, ">,.vA- v v/r A', mm ju. K P%ff 4 v >»>-• ■'V.pKYa A/- C M V •Ji if «vk* :w; --> ..V, vV'vV'S^'i--•.t\ lfc\' VAUkVivX c; o s 3? V.A WMf'
      107 words