The Business Times, 24 April 2014

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Microfilm: NL33110
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 SCCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Thursday, April 24, 2014
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  • Article
    Lock icon COE premiums fall ahead of new quota
    700 1  -  Motorcycle COE price bucks trend at record high By SAMUEL EE samuelee@sph.com.sg [SINGAPORE] COE (Certificate of Entitlement) premiums tumbled yesterday in anticipation of next month’s new bigger quota. A COE in Category C for goods vehicles plunged $16,613 or a hefty 33.6 per
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  • Article, Illustration
    Lock icon Gold for the masses: bullion retailer starts savings programme
    726 1  -  Investors can buy as little as 1g of gold or 10g of silver By ANDREA SOH sandrea@sph.com.sg @AndreaSohBT [SINGAPORE] A physical bullion retailer has launched a savings programme, encroaching on a space previously occupied only by local bank UOB. The Singapore
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,258.01 (-19.52) HST INDEX FUTURES 3,234.00 (-13.00) HSIMSCI 369.07 (-2.45) HSIMSCI FUTURES 366.70 (-2.10) US$ S$ US$ (S$ per US$) 1.257 (US$/S$ per 1.682 2.113 EURO (US$/S$/€ 1.384 1.740 Foreign currency per US$ S$ YEN 102.50 81.60 RM 3.268 2.600 HK$ 7.753 6.170 BAHT 32.35 25.74 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Wednesday Change KL COMP 1,867.35 +0.93 NIKKEI 225 14,546.27 +157.50 HANG SENG 22,509.64 -221.04 SET INDEX 1,423.39 +8.34 JAKARTA COMP 4,893.15 -5.06 MANILA COMP 6,769.52 -15.43 SEOUL COMP 2,000.37 -3.85 SHENZHEN B 839.93 +2.49 MUMBAI IND 22,876.54 +118.17 12noon EDT Change DOW 16,496.20 -18.17 NASDAQ 4,143.46 -18.00
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    • Article
      Lock icon PRIME RATES
      19 1 SINGAPORE MALAYSIA HONG KONG INDONESIA 5.35 6.55 5.00 15.032 TAIWAN US JAPAN 1.475 KOREA 9.33 Source: Bloomberg
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  • TOP STORIES
    • Article, Illustration
      Lock icon Wages lead costs in pushing inflation up
      804 2  -  March inflation rebounds to 1.2%, pushes core inflation to a higher 2% on base effects and rising costs By TEH SHI NING tshining@sph.com.sg @TehShiNingBT [SINGAPORE] Higher domestic costs particularly rising wages are now pushing prices up, and are expected to continue to do
      BT Graphics: Hyrie Rahmat, Teh Shi Ning; Source: Department of Statistics  -  804 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      296 2 COE premiums plunge COE premiums tumbled in anticipation of next month’s bigger quota. Cat C COE for goods vehicles plunged $16,613 to $32,890. FRONT PAGE Bullion retailer starts savings plan A PHYSICAL bullion retailer’s savings programme is encroaching into space occupied by UOB. FRONT PAGE Wages lead costs
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    • Article, Illustration
      Lock icon Obama could strike a ‘political deal’ with Abe
      786 4  -  Tokyo anxious for more overt support from Washington in tussle with China By ANTHONY ROWLEY in Tokyo WHILE few are holding their breath in anticipation of any dramatic outcome at today’s summit meeting in Tokyo between Japanese Prime Minister Shinzo Abe and
      PHOTO: REUTERS  -  786 words
    • Article, Illustration
      Lock icon Economics should be the thrust of Obama’s Asia tour
      656 4  -  That will reassure the region it is indeed a top priority of the US COMMENTARY MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT Correspondent US President Barack Obama begins his tour of Asia this week that will see him visit Japan, South Korea, Malaysia and
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    • Article
      Lock icon China’s factory activity in April shrinks for 4th month
      480 4 Pace of decline eases, helped by govt policy tweaks Reuters [BEIJING] China’s factory activity shrank for the fourth straight month in April signalling economic weakness into the second quarter a preliminary survey showed yesterday, although the pace of decline eased, helped
      Reuters  -  480 words
    • Article
      Lock icon StarHub back-pedals on 4G fee as IDA steps in
      419 4  -  By KENNETH LIM kenlim@sph.com.sg @KennethLimBT [SINGAPORE] StarHub has reversed its decision to charge for 4G access, while the other telcos reviewing their pricing plans are staying pat after regulators did some muscle-flexing. The Infocomm Development Authority (IDA) of Singapore said in
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    • Article
      Lock icon Singapore still second-most networked economy
      841 4  -  By AMIT ROY CHOUDHURY amit@sph.com.sg @AmitRoyCBT [SINGAPORE] Singapore has kept its status as the world’s second-most networked economy in this year’s Networked Readiness Index (NRI), hot on the heels of Finland, which is again in the No 1 spot. As in previous years, the top
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      283 2 DBS Vickers Securities Our recognition is your assurance. Visit www.dbsvickers.com/promotion or any DBS branch: OPEN a new trading account > TRADE online by 30 June 2014 > 50 OFF* COMMISSION on foreign online trades (for new accounts) s *10 SHOPPING VOUCHER* for every S$500 in brokerage fees ASiAMONEY BROKERS POLL
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      99 3 T L r T. n p ir/i HYUNDAI A A =j\_: < y r vy ore hQrdgQteuuQ v architecture master planning interior design RHTLaw TaylorWessing International Capabilities Delivered Locally savins Congratulations on the completion of orchardgateway Our esteemed partners and business associates ENGINEERING CONSTRUCTION United Engineers (Singapore) Pte Ltd OL
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      622 5 CASH OFFER FOR OLAM AN IMPORTANT NOTICE TO OLAM INVESTORS m r 'c "S v .Ss ij? Securityholders are advised to exercise caution when dealing in their Shares, Warrants and/or Convertible Bonds, and refrain from taking any action in relation to their Shares, Warrants and/or Convertible Bonds which may be
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  • COMPANY NEWS
    • Article
      Lock icon Keep closer eye on late large cap trades
      825 6  -  HOCK LOCK SIEW By R SIVANITHY sivan@sph.com.sg @RSivanithyBT AT the end of last week, the Straits Times Index closed at its highest in eight months, up 2.7 per cent for the year to date. It would be tempting to conclude from this
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    • Article, Illustration
      Lock icon Govt investors fret about rates, emerging market volatility
      418 6  -  State Street study reflects SWFs’ investment activities By KENNETH LIM kenlim@sph.com.sg @KennethLimBT HIGHER interest rates and emerging-market volatility top the list of portfolio concerns among governmentlinked institutional investors, according to a State Street study. The management and security of data has also
      Source: State Street  -  418 words
    • Article, Illustration
      Lock icon SGX’s Q3 earnings slump 22.4% to $75.8m
      454 8  -  Exchange’s CEO makes case for sweeping changes amid slowdown B)’ KENNETH LIM ken|im@sph.com.sg @KennethLimBT FACED with its second straight declining quarter, Singapore Exchange (SGX) CEO Magnus Bocker sought to make a case for the sweeping changes that the market operator is pursuing. “The
      PHOTO: REUTERS  -  454 words
    • Article
      Lock icon Mapletree Commercial Trust Q4 DPU up 12.4%
      481 8  -  VivoCity, Mapletree Anson, PSA Building make significant contributions By LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT MAPLETREE Commercial Trust (MCT) yesterday reported a distribution per unit (DPU) of 1.953 cents for its fourth quarter ended March 31, 2014, up 12.4 per cent from 1.737 cents a
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    • Article
      Lock icon Cache Logistics Trust reports 4.2% fall in Q1 DPU to 2.14¢
      321 8  -  Income available for distribution rises 5.5% By LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT CACHE Logistics Trust yesterday posted a distribution per unit (DPU) of 2.14 cents for its first quarter ended March 31, 2014, a 4.2 per cent decline from 2.234
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    • Article
      Lock icon Frasers Commercial Trust’s Q2 DPU rises 3% to 2.05¢
      381 8  -  By RAPHAEL LIM raphlim@sph.com.sg FRASERS Commercial Trust (FCOT) posted a distribution per unit (DPU) of 2.05 cents for its second quarter ended March 31, 2014, a 3 per cent increase from 1.99 cents a year earlier. Distribution to unitholders rose 5.6
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    • Article
      Lock icon Results snapshot Reported on April 23,2014
      99 8 COMPANY REPORTING PERIOD REVENUE NET PROFIT /LOSS Y-O-Y PROFIT CHNG EPS DPS LAST TRADED PRICE Aztech Q1 $85.6m $1.7m 423.4 $0.0035 0 $0.159 Materials supply revenue was 10 times higher from year-ago numbers due to execution of two contracts. Expects business activity to rise
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    • Article, Illustration
      Lock icon CapitaMall Trust DPU for Q1 at 2.57 cents
      497 11  -  Distributable income up 4.5% on the back of high occupancies By LYNETTE KHOO lynkhoo@sph.com.sg @LynetteKhooBT CAPITAMALL Trust (CMT) achieved a 4.5 per cent year-on-year increase in distributable income for the first quarter ended March 31 to $89.1 million on the back of
      FILE PHOTO  -  497 words
    • Article
      Lock icon Australand ‘no’ to Stockland’s stake proposal
      252 11 It calls the A$1.95b deal undervalued and not compelling Re uters [SYDNEY] Australia’s Australand Property Group said yesterday it had rejected a A$1.95 billion (S$2.27 billion) proposal from bigger rival Stockland Group to increase its stake, saying the deal was undervalued. Australand has been
      Reuters  -  252 words
    • Article
      Lock icon S&P reaffirms AIMS AMP Reit's BBB- credit rating
      127 11 THE board of directors of AIMS AMP Capital Industrial Reit Management Limited said yesterday that Standard Poor’s (S&P) had reaffirmed its BBB- credit rating for the trust. S&P said that it regarded the trust “as one of the strongest trusts among Singapore-based
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    • COMPANY BRIEFS
      • Article
        Lock icon UIC’s shareholding in SingLand hits 90.15%
        41 11 UNITED Industrial Corp (UIC) has obtained enough acceptances to raise its shareholding in Singapore Land to 90.15 per cent, allowing the parent developer to privatise its subsidiary. SingLand shares will be suspended after tomorrow’s close.
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      • Article
        Lock icon Sunpower to sell up to 65.8m new shares
        74 11 SUNPOWER Group plans to sell up to 65.8 million new shares, or one-fifth of its existing share capital, at 14 cents apiece through a private placement to raise $9.2 million. Proceeds will be used for working capital. The placement price represents a
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      • Article
        Lock icon GLP inks 5 new lease agreements in China
        67 11 GLOBAL Logistic Properties (GLP) has signed five new lease agreements totalling 155,000 square metres in China. The leases, which are with existing third-party logistics provider customers, are spread across four GLP Parks in Shanghai and Guangzhou. With the newly signed agreements, GLP
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      Lock icon Page 6 Advertisements Column 1
      371 6 STPROPERTY FORUM Date: Monday, 19 May 2014 REAL ESTATE OPPORTUNITIES R S SE UP TO THE CHALLENGES IN THE NGAPORE PROPERTY MARKE in B n B* B ffl Ln ff a Birri I m* it s; !0!’ f| iiniiMi 'i IjiniM PI njrr fflfl ii Ti hhi hub m i
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      429 7 MODERN GARDEN SQUARE LIVING Lillie Square Earls Court London —A* If I »n r r r .77 PH r /I Hi .ir I y BN" ■r ss liissi ir d sti F v Jk P >■- SB* i W 1 s Ji a N IS <" W" i*ii .i ir
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      135 8 The Peak Selections: Gourmet Travel would like to congratulate the following winners of G Restaurant Awards of Excellence THE BLACK SWAN CUT BY WOLFGANG PUCK IGGY’S IMPERIAL TREASURE SUPER PEKING DUCK JOEL ROBUCHON RESTAURANT KAISEKI YOSHIYUKI L’ATELIER DE JOEL ROBUCHON LA BARCA RISTORANTE WINE BAR OSTERIA MOZZA RESTAURANT OF THE
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      Lock icon Page 8 Advertisements Column 2
      28 8 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
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      435 9 PAY LE BAR SQUARE The Future Keeps Getting Better A Square deal is now getting to be a Big Deal m P3r-:Ks IT—JV ills I m ness tu 3»l I lr,-»od ■n i rr i pigeon m GEINE GRAFIC I as a ffct hi A n payallbah e». jJbSS* r=>a
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Traders trim holdings after April run
      663 10  -  STI sheds almost 20 points after 80-point gain this month; China PMI data also hits sentiment STOCKS R SIVANITHY sivan@sph.com.sg @RSivanithyBT Senior Correspondent A WEAK manufacturing number from China was blamed for yesterday’s 19.52point drop in the Straits Times Index to 3,258.01, but a
      Source: Bloomberg  -  663 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Apr 23 VALUE CLOSE BT OB/OS 155.00 -204.00 BT CADI -*****.00 -116.00 BT 10-day MA -*****.00 +16.00 FTSE ST Mid Cap 750.77 -2.77 FTSE ST Small Cap 546.48 -3.68 FTSE ST All Share 790.85 -4.47 FTSE ST China Top 202.55 -1.28 FTSE ST China 231.14 -0.76 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      61 10 VOLUME HanKore Env 198,233,000 Memstar Tech 196,497,000 Otto Marine 113,146,000 Charisma Energy 51,790,000 Transcu Grp 50,952,000 CCM 44,224,000 Golden Agri-Res 40,323,000 CapitaMalls Asia 35,898,000 SIIC Environment 35,782,000 Vallianz 28,839,000 VALUE($) CapitaMalls Asia 79,344,330 DBS Grp 76,087,053 SingTel 69,176,630 Keppel Corp 66,762,450 UOB 51,589,560 OCBC Bank 47,467,531 CapitaLand
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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 1 12 2 0 0 0 1 12 2 Manufacturing 44 67 33 3 14 8 47 81 41 Commerce 18 29 17 3 7 2 21 36 19 Tpt/Stor/Comms 13 15 13
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      838 10  -  Compiled by JOYCE HOOI OSIM International April 23 close: $2.80 Maybank Kim Eng Research, April 23 SIT back and watch the cash roll in. OSIM is now a highly established brand in its key markets. It is a capital expenditure-light business, as most of the heavy lifting has
      Source: Bloomberg  -  838 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 25,147 25,147 108,773 108,773 Manufacturing 502,777 49,782 552,559 122,441 2,041 124,482 Commerce 77,971 70,552 148,523 122,435 7,192 129,627 Tpt/Stor/Comms 83,098 1,124 84,222 148,221 128 148,349 Finance 22,060 600 22,660 185,587 205 185,792 Construction 40,188 99,827
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      122 10 Stock name Close Change CapitaLand 3.210 -0.030 CapitaMall Trust 1.970 -0.020 CapitaMalls Asia 2.220 +0.010 CityDev 11.02 +0.020 ComfortDelGro 2.030 -0.040 DBS Grp 16.80 -0.100 Genting Sing 1.350 Global Logistic 2.760 +0.020 Golden Agri-Res 0.610 +0.005 HPH Trust USD 0.680 -0.005 HongkongLand USD 6.770 -0.060 JMH
      122 words
    • Article, Illustration
      Lock icon Aussie posts biggest fall in three months
      497 10 CURRENCIES Bloomberg [LONDON] Australia’s dollar yesterday slumped the most in three months against the US currency after a government report showed core inflation was less than economists forecast, dampening bets on higher interest rates. The Aussie declined at least 0.5 per cent against
      Bloomberg; PHOTO: BLOOMBERG  -  497 words
    • Article
      Lock icon RISES
      116 10 BY CENTS CLOSE UP SPDRS S&P 500 10US$ ***** 125.6 0.5 SPDR DJIA 10US$ ***** 119.3 0.6 DBXT iBoxxSvEu 5US$ ***** 98.0 0.3 DBXT E50 10US$ 5418 91.7 1.4 Lyxor ThaiSET 10US$ ***** 71.6 0.5 DBXT EONIA 5US$ ***** 66.6 0.3 DBXT MSEurope 10US$ 6202 60.3 0.8 DBXT MSJAP
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    • Article
      Lock icon FALLS
      128 10 BY CENTS CLOSE DOWN DBXT AUDCS 5US$ ***** -207.3 -0.8 DBXT AUDCS 5SG$ ***** -197.0 -0.8 Lyxor Indonesia10US$ 8828 -84.2 -0.8 DBXT USDIGInfl 5US$ ***** -75.4 -0.2 DBXT Nifty 10US$ ***** -71.6 -0.5 GLD 10US$ ***** -71.6 -0.5 DBXT MSKorea 10US$ 6364 -49.0 -0.6 DBXT FTChina25 10US$ 2750 -44.0
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 10 DAILY
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      442 11 50% DISCOUNT ON BUSINESS ELITE COMPANION FARES Enjoy the comfort of flying on our 180-degree full flat-bed seats with direct aisle access on BusinessElite®. Purchase a BusinessElite ticket and enjoy 50% off on the second ticket for your companion on Delta flights to select U.S. destinations below by June 30.
      442 words
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  • SINGAPORE NEWS
    • Article
      Lock icon $63m set aside for nuke safety research, education
      450 12  -  Lack of experienced, qualified staff in these areas poses big challenge: NRF chief By RAPHAEL LIM raphlim@sph.com.sg SINGAPORE will take greater interest in nuclear safety, science and engineering, with $63 million set aside for a research and education programme unveiled yesterday. The
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    • Article, Illustration
      Lock icon Let successors make their own decisions
      511 12  -  Panel on family business highlights meritocracy By MINDY TAN tanmindy@sph.com.sg @MindyTanBT AS difficult as it is to let go of the reins of the business, business leaders need to learn to let their successors make independent decisions. “I like them to make mistakes so
      PHOTO: ARTHUR LEE  -  511 words
    • Article
      Lock icon Big push for healthy living at the workplace by HPB
      334 12  -  By GOH KANG SHIONG gohkangs@sph.com.sg By 2020, one million employees in Singapore will be working in a health-pro-moting workplace ecosystem with ready access to healthy-living amenities, services and information resources as part of the Healthy Living Master Plan developed by
      334 words
    • Article, Illustration
      Lock icon Temasek Poly partners Philips to co-create solutions
      535 12  -  By KARA QUEK karaquek@sph.com.sg A FULLY automated noodle-making machine will be the first in a pipeline of projects to be launched under a new strategic collaboration between technology company Royal Philips and Temasek Polytechnic (TP). A new prototype of the Philips Noodle Maker,
      535 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon M1 ties up with booking app GrabTaxi
        87 12 M1 is partnering taxi booking app GrabTaxi in Singapore’s first carrier billing service for taxi drivers. Under the partnership, taxi drivers who are M1 subscribers can make GrabTaxi payments through their M1 bill. Taxi drivers will also enjoy a 20 per cent bonus
        87 words
      • Article
        Lock icon More filing tax returns ealier
        100 12 MORE taxpayers filed their tax returns earlier this year, with 75 per cent filing by April 1, 4 per cent higher than last year. The overall filing rate remained high, with 95 per cent of taxpayers filing by the April 18 due date. A penalty
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      216 12 WORLD CUP Calling CEOs to score for Charity We are looking for 32 CEOs to take part in The BT-Coca-Cola Charity Drive, where you can use your corporate funds set aside for charity in a creative way! Each of you will be assigned one of the 32 teams by drawing
      216 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Eco World stands to gain from SP Setia’s loss
      550 13  -  Counter up 3% on expectation Liew Kee Sin will join firm after leaving SP Setia By PAULINE NG in Kuala Lumpur ECO World Development Group Bhd climbed nearly 3 per cent yesterday on expectation that developer Liew Kee Sin would soon
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    • Article
      Lock icon Rupiah falls sharply on political, economic concerns
      313 13 Bloomberg [JAKARTA] Indonesia’s rupiah fell the most in a month on speculation election results and the potential widening of the current-account deficit will damp demand for the nation’s assets. No party won the minimum level of support in the April 9 legislative election
      Bloomberg  -  313 words
    • Article
      Lock icon UMW Oil & Gas to buy more rigs
      333 13 UMW Oil Gas to buy more rigs Bloomberg [KUALA LUMPUR] UMW Oil Gas, a Malaysian oil and gas services provider, may buy more jack-up rigs to tap rising demand as it bids for US$1.1 billion worth of contracts in South-east Asia this year. The company has four drilling rigs, which
      Bloomberg  -  333 words
    • Article
      Lock icon M’sia’s foreign reserves rise as net trade surges
      468 13  -  Better net trade position seen boosting GDP growth B)’ S JAYASANKARAN in Kuala Lumpur MALAYSIA’S international reserves rose by US$900 million to US$131.1 billion in the middle of this month, its central bank has said. The increase, the first since last October,
      468 words
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      35 13 f KISS92* All the great songs in one place T a Sw 6 w r >-• «A J n facebook.com/kiss92fm 0kiss92fm www.kiss92.sg Download the KISS92 mobile app now! KISS92 is part of SPH Radio Network fl
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      94 13 EXECUTIVE EDUCATION PROGRAMS I THE UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS 9 1 Pure Chic Right On Your Doorstep (Jr* Si Vf Introducing Chicago Booth s Accelerated Development Program in Singapore. Interested to find out more about The Accelerated Development Program? Join our webinar to hear from one of
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  • CHINA/INDIA
    • Article, Illustration
      Lock icon Poll-time cash curbs hit Indian gold imports
      651 14 Shipments may halve as jewellery demand falls due to cap on carrying cash Reuters [MUMBAI] India’s gold imports in April and May could be less than half of arrivals in March, as restrictions on the movement of cash during general elections dent the
      Reuters; PHOTO: REUTERS  -  651 words
    • Article
      Lock icon Yum Brands Q1 sales in top China market increases 9%
      336 14 Market has recovered from bird flu outbreak, food safety scare Reuters [LOS ANGELES] KFC parent Yum Brands Inc on Tuesday said that first-quarter sales at established restaurants in China, its top market, rose 9 per cent as it recovers from
      Reuters  -  336 words
    • Article
      Lock icon Lanzhou Veolia apologises for polluted water
      410 14 Reuters [BEIJING] The chairman of the Chinese unit of French utility Veolia Environment has apologised to the public after a cancer-inducing chemical was found in tap water supplied by the company, Xinhua news agency said. Benzene was found in tap water supplied by the
      Reuters  -  410 words
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      200 14 Taking the pulse of China b Millie .-.nnimr mmw KP.ES’Jl'' /A mi w /M SISS v f iiiimiij;™ r; Kinirni' r Iiiriiks RiiaMcs Tiffr fe T u 1111 vis. m m mu i "ii IIHiKiffi! f i "*ii in naiiiiitu -t*— i\ ft ft •M 4 'i i ft >>.
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      304 15 J A r 1 r 1 J J r r SAMSUNG NEW 12:45 Tue, 7 January J: Ml Swipe screen lo unlock I I ID 3 Subscribe* now to The Straits Times All-in-One PLUS package for 36 months and receive the new Samsung GALAXY Tab PRO (8.4" Display) LTE only
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  • WORLD
    • Article
      Lock icon German economy strengthens more than forecast
      402 16 Composite index of services, manufacturing rose to 56.3 this month: Markit Bloomberg [FRANKFURT] German manufacturing and services strengthened more than economists forecast this month, adding to signs that the euro area’s largest economy is underpinning the region’s recovery. A factory index based on a
      Bloomberg  -  402 words
    • Article
      Lock icon Google’s role revealed in Apple-Samsung fight
      669 16 It has indemnified Korean firm against some Apple claims Bloomberg [SAN FRANCISCO] Google’s stake in the outcome of a US$2 billion trial over smartphones using its Android operating system was revealed by testimony that the company indemnified Samsung Electronics against some of Apple Inc’s
      Bloomberg  -  669 words
    • Article, Illustration
      Lock icon Australia’s consumer prices rise less than forecast in Q1
      656 16 A$ falls as investors bet RBA will leave rate at record low Bloomberg [SDYNEY] Australia’s core consumer prices gained less than economists’ forecast last quarter, allowing the central bank to extend a period of steady interest rates. The trimmed mean gauge
      Bloomberg; PHOTO: BLOOMBERG  -  656 words
    • Article
      Lock icon French industry growth cools more than expected
      253 16 Bloomberg [LONDON] French manufacturing and services growth cooled more than economists forecast this month as new business stagnated and employment fell. A Purchasing Managers’ Index of factory activity dropped to 50.9 from 52.1 the previous month, Markit Economics said yesterday. Economists had forecast
      Bloomberg  -  253 words
    • Article
      Lock icon Ex-BOA executive gets lenient sentence in bid-rigging case
      425 16 He had cooperated with US federal investigators Re uters [NEW YORK] A former senior vice president at Bank of America Corp who became a cooperating witness in the US government’s probe of bid-rigging in the US$3.7 trillion municipal bond market avoided prison
      Reuters  -  425 words
    • Article, Illustration
      Lock icon US middle class no longer most affluent in the world
      922 17 But richest Americans are outpacing many of their global peers NYT [NEW YORK] The American middle class, long the single most affluent in the world, has lost that distinction. While the wealthiest Americans are outpacing many of their global peers,
      NYT; PHOTO: REUTERS  -  922 words
    • Article
      Lock icon Hard times for metals industry as costs rise
      486 17 Re uters [HONG KONG] The harsh climate for metal brokers is getting worse amid rocketing costs for trading which some firms have been passing on to customers, says an executive at a unit of Japan’s Mitsubishi Corp. Stricter regulations in the wake
      Reuters  -  486 words
    • Article, Illustration
      Lock icon Thai court gives Yingluck till early May to defend herself
      678 18 Political crisis threatening cut in growth forecast: Thai central bank Reuters [BANGKOK] Thailand’s Constitutional Court yesterday gave caretaker Prime Minister Yingluck Shinawatra until early May to defend herself against charges of abuse of power, as the central bank warned that
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    • Article
      Lock icon Ruble liquidity dries up amid Ukraine crisis
      545 18 Bloomberg [LONDON] As the ruble rallied in March amid signs of a detente in Ukraine, Russians weren’t so optimistic. Deposits at Russian banks dropped at the fastest pace in almost six years last month, as customers prepared for possible sanctions against the nation’s
      Bloomberg  -  545 words
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      Lock icon New-home sales fall to 8-month low
      490 18 March retreat raises concerns about strength of recovery LATEST US DATA Bloomberg Reuters [WASHINGTON] Sales of new US homes unexpectedly plunged in March to the lowest level in eight months, reflecting a broad-based retreat that signals the industry is facing bigger challenges than just
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    • Article
      Lock icon Toyota outsells rivals for third straight quarter
      667 18 Period closes what could be firm’s most profitable fiscal year Bloomberg [TOKYO] Toyota Motor has outsold General Motors and Volkswagen AG for a third straight quarter, helped by rising demand in Japan and China. Sales at Toyota, including its Hino Motors and Daihatsu
      Bloomberg  -  667 words
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      Lock icon Slowing sales threaten Apple stock outlook
      774 19 Analysts forecast no significant change to firm’s growth till new products debut Bloomberg [SAN FRANCISCO] Apple is testing Wall Street’s patience with its slowing iPhone and iPad sales. Shares of the world’s most valuable company have sunk 5.2 per cent this year and investors
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    • Article
      Lock icon Goldman gains as Barclays joins commodities exodus
      501 19 UK bank’s move follows that of JPMorgan, several other banks Bloomberg [NEW YORK] Goldman Sachs Group, whose three top executives began their careers at the firm in the commodity-trading unit, is poised to gain market share as pressure from regulators drives competitors to
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      199 16 -i mats NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF UVM VENTURE INVESTMENTS LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Company Registration No. *****4128K) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS Notice is hereby given that the creditors of the abovenamed Company, whose debts
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      466 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF UVM VENTURE INVESTMENTS LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Company Registration No. *****4128K) NOTICE OF MEMBERS’ VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of Members of the abovenamed company held on 17
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      527 17 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 FULL-DAY WORKSHOPS Insights On Organisational Human Behaviour OP APR '14 FRIDAY SPH News Centre (9.30am to 6.00pm) This workshop will give
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      33 18 GO FOR GOLD Jewellers gear up for Akshaya Tritiya IIT STUDENTS WORK ON ROBOTS FOR THE BATTLEFRONT GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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      20 18 www.omy.sg Onl fcfcfcJ MV siitrasy ((arainss)) *mm i y showblz.omy.sg Download omy Apps o omy Showbiz OS AppStore Google Play
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      135 19 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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  • EDITORIAL & OPINION
    • Article
      Lock icon Politics clouds Japan’s investments in China
      496 20 EDITORIAL THE fact that Japanese investments in China declined sharply in 2013 would, and should, be a cause for concern, especially for policymakers in Beijing. And the fact that Japan’s investments in Asean rose at the same time suggests that Japan Inc is still
      496 words
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      Lock icon Problems still dog China listings on US exchanges
      738 20  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 THE end of China’s 14-month-long IPO freeze in January, following reforms initiated by the Chinese Securities Regulatory Commission (CSRC), has been accompanied by
      738 words
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      Lock icon Europe’s sinking deeper into a muddle
      953 20  -  As long as member nations maintain fiscal sovereignty, a new mechanism will not help By ASHOKA MODY The writer, a former mission chief for Germany and Ireland at the International Monetary Fund, is currently visiting professor of International Economic Policy at the Woodrow Wilson
      Project Syndicate; PHOTO: BLOOMBERG  -  953 words
    • Article, Illustration
      Lock icon New ideas on 21st century capitalism
      976 21  -  Piketty’s book could serve as an ideological framework and provide reflection on capitalism’s impact on inequality LEON HADAR Washington Correspondent DO American officials, lawmakers and pundits actually read those long and footnoted Big Think books they tend to mention during Washington think-tank debates and
      PHOTO: AFP  -  976 words
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      Lock icon Myanmar should put Asean interests ahead of China
      851 21  -  By HARISH MEHTA The writer, a former BT senior correspondent, is a historian who has taught at Canadian universities, and has written books on Indochina. AS chairman of Asean this year, Myanmar has a perfect opportunity to demonstrate leadership of Asean at
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    • Article
      Lock icon Minorities’ right to expect full value for their investments
      639 21 LETTER TO THE EDITOR I REFER to “Privatisation unhappiness: market is to blame” (BT, April 23), which says in effect that markets fluctuate so you have to take the good with the bad when it comes to takeover offer valuations. I
      639 words
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      103 21 HAVE YOUR SAY Fax your letters to 6319-8277 or e-mail them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Thuraya sets its sights on maritime sector
      471 22  -  Mobile satellite services operator aiming for 10% market share in 2 years By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT WHILE British satellite communications firm Inmarsat recently made headlines in the search for the missing Flight MH370, one of its main competitors, Thuraya Telecommunications Company (Thuraya),
      471 words
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      Lock icon Relatives reject KL’s conclusions on plane
      461 22 Premature to issue death certs without any proof, they say SEARCH FOR MH370 AFP [KUALA LUMPUR] Relatives of flight MH370 passengers have denounced the Malaysian government’s suggestion that it would soon look into issuing death certificates for those on board despite no proof yet
      AFP; PHOTO: AFP  -  461 words
    • Article
      Lock icon Cost of searching not a concern: Australia
      702 22 AFP [PERTH] Australia said yesterday that cost was not a concern in the search for Malaysia Airlines Flight MH370, after the mini-sub plumbing the depths of the Indian Ocean for wreckage ended its ninth mission empty-handed. Australia is leading the multinational search for
      AFP  -  702 words
    • Article
      Lock icon TRANSPORT STOCKS
      241 22 SGX '000 Apr 23 S$ +/-Vol Ch Offshore 0.43 -0.01 79 Chuan Hup Hldg 0.28 -0.02 800 Cosco Corp 0.73 -0.01 1070 Cwt Limited................1.47 -0.01 652 First Ship Lea 0.11 unch 280 Grand Banks 0.23 0.01 561 Jaya Hold Ltd K1Ventures Chuan Hup Hldg.. Keppel Corp 10.63 -0.38
      241 words
    • Article
      Lock icon Pirates raid Japan oil tanker off Malaysia, kidnap 3 crew
      336 22 Reuters [KUALA LUMPUR] Armed pirates raided a Japanese oil tanker off the coast of Malaysia and abducted three crew members, Malaysian maritime police said yesterday, underscoring increasing threats to shipping in one of the world’s busiest waterways. The incident in
      Reuters  -  336 words
    • Article
      Lock icon Divers feel with their hands for corpses in sunken Korean ferry
      420 22 Reuters [SEOUL] South Korean divers swam though dark, cold waters into a sunken ferry yesterday, feeling for children’s bodies with their hands in a maze of cabins, corridors and upturned decks as they searched for hundreds of missing. The
      Reuters  -  420 words
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  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      295 22 CRYPTIC CROSSWORD Across 7 Expect warning shout before round when facing tee (8) 9 King returns backing one’s country (6) 10 Hands over change (4) 11 Make up into cutest swirls (10) 12 Army capturing enemy’s leader rejoiced (6) 14 Sailor’s accurately holding south in deep (8) 15 Rare stigma
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  • Article
    Lock icon SHIPPING TIMES
    1189 23 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
    1,189 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      4164 24 Transaction date: Apr 23 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 20 3.3 A-Sonic Aero 10.2 -0.1 428 10.3 10.2 10.2 10.3 2.6 1.7 23.2 73 13.6 10.4 8Telecom Vol
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      Lock icon SGX CATALIST
      392 25 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 35 22 t 3Cnergy 500 Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale ('000) High Low Buyer Seller
      392 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11314 25 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.55/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond China Opportunities 1 2 8328/ EM Local Ccy Bond *****/ European Opportunities 1 1 3631/ Global Emerging Markets 1 Global
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    • Article
      Lock icon GLOBALQUOTE
      245 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 52 35.5 Genting HK US$ US40 +0.5 8163 40 39 39.5 40 2633.8 Sale 328 191 TanChongInt HK318cd 316 319 9.7 3.3 3.1 6404.2 DISCLAIMER: All
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      Lock icon SGX ETF
      1129 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 121 108.3 ABF SG Bond ETF 113.5 -0.4 51 114.2 113.5 113.5 114.1 518.1 143 119 CIMB APAC Div 100S$D 129.9 -0.7 129.9 129.9 128.7 131.2
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      661 26 Apr 23 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.41 *****.27 *****.29 Jun14 *****.00 *****.00 *****.00 *****.00 ***** *****9 Sep14 *****.00 0 8641 MSCI TAIWAN INDEX FUTURES SPOT 320.39 320.70 317.94 Apr14 319.80 321.00 317.80 318.70 ***** *****0 May14 319.90 321.00 317.80 318.70
      661 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 26 In local curr In S$ In US$ dy yr dy yr dy yr Apr 22 Index Change Change Change Change Change Change World Preliminary 1195.4 0.6 0.9 0.9 0.8 0.6 1.3 EAFE Preliminary 950.0 0.8 -0.7 1.1 0.1 0.8 0.6 Europe Preliminary 1383.3 1.2 2.1
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      472 26 Apr 23 Apr 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 5.789 0.670 7.194 56.718 107.901 0.951 9.644 3.032 1.080 90.772 41.477 1.166 9.840 0.819 28.132 30.013 0.552 0.928 Canada 0.976
      472 words
    • Article
      Lock icon SIBOR
      30 26 Apr 23 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) (S$) 1 mth Source: Thomson Reuters
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    • Article
      Lock icon GOVERNMENT SECURITIES
      81 26 Apr 23 Apr TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****T 31-Oct-14 0.32 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.3 5-Year NX*****W 2.5 01-Jun-19 104.99 105.09 105.05 10-Year NX*****H 2.750 01-Jul-23 102.19
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    • Article
      Lock icon PRECIOUS METALS
      140 26 Apr 23 GOLD(US$/oz) Apr 23 Apr 22 Hong Kong 1291.00 1295.00 Apr 22 Apr 21 London 1282.80 1286.30 1283.60 1286.95 Source: Thomson Reuters Apr 23 GOLD BULLION COINS (S$) Selling Buying 1 oz 1687 1613 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm N.A. N.A. SILVER Selling Buying
      140 words
    • Article
      Lock icon PALM OIL
      59 26 Apr 23 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 14 2720.0 2698.0 2720.0 2695.0 194 3932 Jun 14 2682.0 2668.0 2685.0 2666.0 5779 ***** Jul 14 2669.0 2651.0 2672.0 2647.0 ***** ***** Aug 14 2658.0 2642.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 26 Apr 23 Apr Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1654 1.1666 0.9278 0.9280 Canadian dollar 1.1371 1.1386 0.9057 0.9052 Euro 1.7386 1.7405 1.3841 1.3845 NZ dollar 1.0789 1.0801 0.8589 0.8592 Sterling pound 2.1125 2.1143 1.6818
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    • Article
      Lock icon CHICAGO BOT
      110 26 Apr 22 Apr SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 14 1479.75 1498.75 1508.75 1477.25 Jul 14 1470.75 1487.25 1497.00 1469.50 Aug 14 1397.25 1409.00 1417.50 1396.75 Sep 14 1278.25 1286.00 1291.50 1274.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May
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    • Article
      Lock icon LIFFE
      94 26 Apr 22 COCOA (£/tonne) Close Prev High Low May 14 1860 1872 1875 1858 Jul 14 1872 1881 1888 1871 Sep 14 1873 1883 1888 1871 Dec 14 1865 1876 1880 1863 COFFEE(US$/tonne) Close Prev High Low May 14 2146 2118 2195 2111 Jul14 2156 2136 2199 2124 Sep
      94 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1088 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 38 0.3 1 80 0.60 51 Asia-Pacific Strategic W*****6 1 0.3 30 315 22.88 1 Ratio Albedo Limited W*****9 Price Asiatic Grp(Hldgs) Ltd W*****5 Disc Asiatravel.com HoldingsW*****7 3
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 26 CRUDE OIL PRODUCTS Apr 22 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.94 -1.02 WTI (Near Mth) 101.92 -2.38 Dubai (1-Mth F) 105.78 0.42 Tapis blend 112.52 0.49 Minas 111.22 0.49 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.72 1.03 Jet Kerosene 122.32 0.20 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 26 Apr 23 S$ Bid Offer 1-month 1.2561 1.2571 2-months 1.2561 1.2571 3-months 1.2560 1.2571 6-months 1.2559 1.2569 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      66 26 Apr-22 Apr-22 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1854.75 1829.50 3 months 1891.00 1865.00 Copper, Grade A(US$/tonne) Cash 6684.50 6662.50 3 months 6670.00 6649.00 Lead(US$/tonne) Cash 2139.75 2122.75 3 months 2159.00 2142.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 26 As at 9am Apr 23 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.205 1.148 Can dollar 1.160 1.116 Euro 1.775 1.691 Sterling pound 2.154 2.072 NZ dollar 1.108 1.066 US dollar 1.283 1.222 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      157 26 Apr 23 $S Offer Bid 0vernight 0.02 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.20 0.10 1 month 0.25 0.15 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
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  • PROPERTY
    • Article, Illustration
      Lock icon Kuwaiti developer does U-turn as Dubai real estate booms
      581 27 Al Mazaya reverses its strategy of shrinking activities, may issue sukuk Bloom berg [DUBAI] Kuwait-based property developer Al Mazaya Holding Co is reversing its strategy of shrinking activities in Dubai, and may raise money from the sale of Islamic bonds after
      Bloomberg; PHOTO: BLOOMBERG  -  581 words
    • Article
      Lock icon Househunt
      1081 27 PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 27 WITH CONTRACT DATES BETWEEN MARCH 12 AND MARCH 18, 2014 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED Emerald Gdn Apt 13/03/2014 999 926 1750 1890 Riverwalk Apt Apt 17/03/2014
      1,081 words
    • Article
      Lock icon LinkedIn to fully lease tower in San Francisco
      343 27 Bloomberg [SAN FRANCISCO] LinkedIn Corp agreed to fully lease a San Francisco office tower that’s being built by Tishman Speyer Properties in the city’s South of Market area, two people with knowledge of the deal said. The professional so-cial-networking company will occupy
      Bloomberg  -  343 words
    • Article
      Lock icon Airbnb challenges NY rental probe in court
      831 28 Clash pits home rent service against those who say its business is driving up rents Bloomberg [NEW YORK] Airbnb Inc, an alternative to hotels in thousands of cities, challenged a New York state demand for information on whether the online, home rental service
      Bloomberg  -  831 words
    • Article, Illustration
      Lock icon Japan’s HIS considers buying island for casino project
      606 28 Bloomberg [TOKYO] HIS Co’s Dutchthemed amusement park along Japan’s south-west-ern coast is considering buying a deserted offshore island in an expansion to boost its appeal as a possible site for a casino resort. “We are planning to buy new land to offer
      Bloomberg; PHOTO: BLOOMBERG  -  606 words
    • Article
      Lock icon Hotels share space amid high land prices
      1147 28 Operating costs also cut as hotels share facilities like laundry NYT [NEW YORK] In hotels these days, it is the haves versus the have-nots. At some dining rooms, guests have to produce their room keys to eat at the free breakfast buffet. No
      NYT  -  1,147 words
    • Article, Illustration
      Lock icon Higher ratio of HDB dwellers goes for small private units
      824 30  -  Those with private addresses bought mostly over-1,000 sq ft units in Q1 By KALPANA RASHIWALA kalpana@sph.com.sg @KalpanaBT [SINGAPORE] A larger proportion of private apartments and condos bought by those with HDB addresses in the first quarter were smaller units of
      Source: URA REALIS, April 15, DTZ Research  -  824 words
    • Article
      Lock icon S’pore developer sentiment cools: poll
      567 30  -  Developers’ outlook for the next six months also dimmer By LYNETTE KHOO lynkhoo@sph.com.sg @LynetteKhooBT [SINGAPORE] Sentiment among developers has wilted in the face of a double whammy of rising costs and slowing sales, a survey done in the first quarter has indicated. Their outlook for
      567 words
    • Article, Illustration
      Lock icon S’pore office rents seen rising up to 15% this year
      829 30 Bloomb erg [SINGAPORE] Singapore’s office rents are set to rise as much as 15 per cent this year on increased demand and a dearth of new developments, said Lynette Leong, chief executive officer of CapitaCommercial Trust Management Ltd. Global companies
      Bloomberg  -  829 words
  • Page 27 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      120 28 I A Singapore Based Boutique Real Estate Broker Focusing On Commercial Real Estate In Central Region Of Singapore Regional Cities We deal with the following types of assets: 3 4 Star Hotels Office Commercial Buildings Bulk Sale Of Undervalued Prime Freehold Strata Retail Office Units Boutique Budget Hotels Commercial Shophouses
      120 words
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      Lock icon Page 28 Advertisements Column 2
      142 28 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. I Web www.smats.net Email smats@smats.net
      142 words
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      Lock icon Page 28 Advertisements Column 3
      61 28 PRIMELOCATION,DISTINCTIVEBUILDINGANDCENTREOFSPECIALISTS Medical Suites for lease at Orchard Boulevard Prime location in the heart of tourist shopping and prime residential area of Orchard andTanglin Road •Multi-disciplinarymedicalcentrewithover100topspecialists •Radiology&Diagnosticlaboratories •CloseproximitytoGleneaglesandMtElizabethHospitals •AmpleparkingandshuttlebustoOrchardMRT F or l eas i n g en q u i r i es p l ease ca ll Audrey 6434 9808
      61 words
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      Lock icon Page 28 Advertisements Column 4
      79 28 FOR SALE BYTENDER White House Park Good Class Bungalow 2 Storey with attic, basement and swimming pool on a rectangular plot reconstructed circ.2008. Good A A potential. Location Dalvey Road Land area 1717.6 sq.m (***** sq.ft) Built-up ***** sq.ft approx. Zoning White House Park GCBA Tenure Freehold For viewing and
      79 words
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      Lock icon Page 29 Advertisements Column 1
      382 29 gc •'tfi **r r H >• ml if; 3 a -t VsT: -r 44 ■•W*' s., g mM t r.U fijSg <■ iwr mWS& -CH«V> > A HI t 1 y inuilinii I I jjliiiim: lillliiini! Illl>l•■■■■■ ■iilllllllll k£M V-y Artist’s impression 50 UNITED NATIONS PLAZA MANHATTAN NEW YORK 88
      382 words
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      Lock icon Page 30 Advertisements Column 1
      231 30 FREEHOLD RESIDENTIAL SITE OFF HILLVIEW AVENUE Actual View from Subject Site n Site Area: 4,046.6 sm n Residential, PR 1.92, up to 10-sty n Nestled within a serene neighbourhood n Vacant site, regular configuration n Sits on elevated ground and enjoys unobstructed view of surrounding area n Single seller For
      231 words
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      Lock icon Page 30 Advertisements Column 2
      69 30 AZ PAYA LEBAR Good Location Matters Rare freehold *B1 industrial space Directly opposite MacPherson MRT (future interchange) Excellent connectivity via major expressways nearby Exclusive units with direct access and good floor loading id *f\ t A Quality Project By; Jointly Marketed By; AZ fd Raya Lebar UO Raya Lebar Road
      69 words
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      Lock icon Page 30 Advertisements Column 3
      35 30 FACTORIES IN ISKANDAR FOR SALE 10-Min from Second Link Size: 13,000 sq ft 42,000 sq ft Semi-Detached Detached Factory Freehold Good Layout Near Commercial Lifestyle Amenities Dominic Peters 9825 2101 CEA Reg. No. R*****1G www.savllls.com.sg
      35 words
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      Lock icon Page 31 Advertisements Column 1
      534 31 v 4H HOLMES COURT 105 -107 GLOUCESTER PLACE LONDON W1 King's Cross Baker Street I Madame I Regent's Park I St Pancras Station I Tussauds I Station I International Great Portland Street Station The City 55 Baker Street Regent's Park The Shard University of the Arts British a* Tottenham Court
      534 words
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      Lock icon Page 32 Advertisements Column 1
      104 32 r r MITSUBISHI ELECTRIC (Changes for the Better I A MITSUBISHI ELECTRIC INVERTER I vjAjs Excellent Energy EASIEST To Clean! teachable Inner Vent for Easy Clean UIETES > f I I II V m oil IT A I V V. 5 Air-Conditioner 9S? »v fitsubishi leclric Quality for a greener
      104 words