The Business Times, 11 September 2014

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL33242
Total Pages: 28
1 28 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 051/08/2014 Thursday, eptember 11, 2014
    25 words
  • Article
    Lock icon MAS poll: 2014 GDP growth cut to 3.3%
    816 1  -  Weaker Q2 brings down full-year forecast; further downgrades seen By KELLY TAY kellytay@sph.com.sg @KellyTayBT [SINGAPORE] Economy watchers polled by Singapore’s central bank have cut their 2014 growth forecast to 3.3 per cent, following a disappointing second quarter. But some economists warn that
    816 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,338.63 (-4.33) HST INDEX FUTURES 3,339.00 (-7.00) HSIMSCI 376.80 (-0.75) HSIMSCI FUTURES 377.00 (-0.40) US$ S$ US$ (S$ per US$) 1.266 (US$/S$ per 1.613 2.042 EURO (US$/S$/€ 1.293 1.638 Foreign currency per US$ S$ YEN 106.60 84.20 RM 3.202 2.529 HK$ 7.750 6.121 BAHT 32.17 25.40 RUPIAH
      65 words
    • Article
      Lock icon MARKETS
      48 1 Wednesday Change KL COMP 1,870.85 -3.27 NIKKEI 225 15,788.78 +39.63 HANG SENG 24,705.36 -485.09 SET INDEX 1,582.13 -1.05 JAKARTA COMP 5,142.99 -54.13 MANILA COMP 7,212.78 -40.89 SEOUL COMP Closed SHENZHEN B 970.22 +1.97 MUMBAI IND 27,057.41 -207.91 12 noon EDT Change DOW 17,022.73 +8.86 NASDAQ 4,563.80 +11.51
      48 words
    • Article
      Lock icon PRIME RATES
      23 1 SINGAPORE 5.35 HONG KONG 6.55 INDONESIA 5.00 TAIWAN 14.808 JAPAN 5.036 KOREA 1.475 BRITAIN 9.33 BRITAIN 0.50 US 3.25 Source: Bloomberg
      23 words
  • Article, Illustration
    Lock icon Apple may have just solved mobile payments conundrum
    939 1  -  NEWS ANALYSIS By AMIT ROY CHOUDHURY amit@sph.com.sg @AmitRoyCBT [SINGAPORE] When shiny new gadgets are unveiled with the razzmatazz that Apple is famous for, the most important message sometimes gets lost in the decibels. The new 4.7-inch iPhone6 and its bigger brother the
    PHOTO: BLOOMBERG  -  939 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      168 1 ECONOMY China will reach all its economic goals: Premier Li PAGE 11 PROPERTY Chesterton again calls for more hotel sites PAGE 28 COMPANIES SMG sharpening focus on two segments PAGE 5 COMMENTARY Ganga clean-up a Herculean task PAGE 18 *****1 11 *****4 We perfect this watch by hand. Even the
      168 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      380 2 2014 GDP cut to 3.3% in MAS poll ECONOMY watchers polled by Singapore’s central bank have cut their 2014 growth forecast to 3.3 per cent, following a disappointing second quarter. FRONT PAGE Apple scores on mobile payments THOUGH its new phones were the stars of the show, Apple’s
      380 words
    • Article, Illustration
      Lock icon PM Lee visits southern China for update on its developments
      852 2  -  Region is major trade partner of S’pore with which it has strong historical, economic ties By CHUANG PECK MING in Guangzhou peckming@sph.com.sg IT’S been nearly a decade since Prime Minister Lee Hsien Loong made his last official visit to southern
      FILE PHOTO  -  852 words
    • Article
      Lock icon Juncker unveils new-look EU executive team
      573 2 Reuters [BRUSSELS] The incoming head of the European Commission, Jean-Claude Juncker, unveiled a European Union executive team on Wednesday that handed key economic responsibilities to French and British commissioners but overseen by others in a new-look hierarchy. Naming Britain’s Jonathan Hill to a brief
      Reuters  -  573 words
    • Article
      Lock icon You can pre-order your iPhone 6 from Sept 12
      734 4  -  SingTel, StarHub already registering expressions of interest By AMIT ROY CHOUDHURY amit@sph.com.sg @AmitRoyCBT *Prices may vary with plans. [SINGAPORE] Apple’s new iPhone 6 will be available in Singapore from September 19, the global launch date for the phone. The Apple website
      734 words
    • Article, Illustration
      Lock icon Nuclear power in Japan set to make limited comeback
      517 4  -  By ANTHONY ROWLEY in Tokyo JAPAN’S Nuclear Regulation Authority on Wednesday gave safety clearance to restart the first two of the country’s 48 reactors that have been shut down for special safety checks for nearly one year in the wake of
      PHOTO: AFP  -  517 words
    • Article, Illustration
      Lock icon Pictet targets Asia’s ageing entrepreneurs
      864 4  -  By SIOW LI SEN By lisen@sph.com.sg @SiowLiSenBT [SINGAPORE] The private banking industry in Asia is at an inflexion point, driven by the region’s ageing entrepreneurs who are looking for sustainable returns for their wealth, said Anuj Khanna, Bank Pictet chief executive, South Asia wealth management.
      864 words
    • Article
      Lock icon US bank sees Singapore as a top offshore RMB hub by 2020
      686 4  -  By ANGELA TAN angelat@sph.com.sg [SINGAPORE] With billions of dollars in transaction and servicing fees up for grabs, competition for offshore renminbi (RMB) business is getting fiercer and could see London as well as Singapore emerge as the two
      686 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      163 2 r-r\ www.kia.com 7 y SPOILT FOR CHOICE O FREE 5-year maintenance plan FREE 7 months' worth of fuel Immediate delivery With guaranteed COE, you will be assured of getting the sophisticated 5-seater Sportage and the luxurious 7-seater Sorento at very attractive deals! Save up to $6,000 while you enjoy a
      163 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      302 3 CHIN A SON ANGOL OKP LAND PTE LTD A DISTINCTIVE RESIDENCE BROUGHT TO YOU by China Sonangol and OKP Land China Sonangol, an international group with a rich real estate and development history and a regional presence in the best locations in Singapore and Jakarta, is a company with a
      302 words
Page thumbnail Page 4
Page thumbnail Page 5
  • COMPANY NEWS
    • Article
      Lock icon SMG sharpening focus on two segments
      726 5  -  Healthcare provider out to raise profile in specialist and consumer arena By CLAIRE HUANG huangjy@sph.com.sg @ClaireHuangBT PRIVATE specialist healthcare provider Singapore Medical Group (SMG) may have turned the corner only recently, but it has already set its sights on becoming the leader in the
      726 words
    • Article
      Lock icon Neo Group’s six-month profit falls 9.1%; sales up 21.2%
      430 5  -  Bigger sales team, higher ad costs to drive growth By MINDY TAN tanmindy@sph.com.sg @MindyTanBT NEO Group’s net profit for the six months ended July fell 9.1 per cent from S$2.8 million to S$2.5 million. The food catering group said this was
      430 words
    • Article
      Lock icon ST Engg’s aerospace arm to operate MRO facility in Florida airport
      211 5  -  By MINDY TAN tanmindy@sph.com.sg @MindyTanBT SINGAPORE Technologies Engineering’s aerospace arm will establish an aircraft maintenance, repair and overhaul (MRO) facility at the Pensacola International Airport, the group said on Wednesday. Under the agreement, the City of Pensacola, which is
      211 words
    • Article, Illustration
      Lock icon Miclyn Express gets new deputy CEO
      486 7  -  Company also confirms award of three contracts with oil major Chevron By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT THE man who helped turn around the fortunes of offshore service firm Jaya Holdings has joined the senior management of Miclyn Express Offshore (MEO). MEO announced on Wednesday
      486 words
    • Article
      Lock icon Rocket Internet IPO set to take off this year
      482 7  -  Firm behind startups such as Zalora aims to raise 750m euros By JACQUELYN CHEOK jaccheok@sph.com.sg @JacCheokBT ROCKET Internet, the German venture capital firm behind two of Singapore’s most popular lifestyle tech startups (Zalora and Easy Taxi), on Wednesday confirmed plans for
      482 words
    • Article, Illustration
      Lock icon Singapore companies’ share of debt listings on the rise
      411 7  -  By KENNETH LIM kenlim@sph.com.sg @KennethLimBT SINGAPORE companies are contributing a larger slice of the country’s listed debt market this year amid robust capital inflows and a low interest rate environment, market observers said. The year-to-date new bond listing volume on the
      411 words
    • Article
      Lock icon Credit quality falls for some big S’pore firms
      1076 8  -  S&P report cites aggregate doubling in debt since end-2008 By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT THE credit quality of some of Singapore’s largest companies has become poorer compared with more than five years ago as their aggregate debt doubled while revenue growth declined.
      1,076 words
    • COMPANY BRIEFS
    • Article
      Lock icon Demand for robust independent valuations up in Asia
      572 8  -  By MICHELLE QUAH michquah@sph.com.sg @MichelleQuahBT GROWING levels of private investment into the Asia-Pa-cific region are driving demand for independent valuations and, progressively, third-party valuations building upon the already increasing need for more robust and timely valuation data, following the global financial crisis.
      572 words
    • Article
      Lock icon Jurong Shipyard acquires SSP assets
      296 8  -  By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT SEMBCORP Marine’s (Sembmarine) wholly owned subsidiary Jurong Shipyard has agreed to purchase the business assets of Hou-ston-based SSP Offshore (SSP) for US$21 million, the group announced on Wednesday. The acquisition of the assets of SSP, a company that specialises in
      296 words
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      142 5 An initiative by: TRIPARTITE COMMITTEE ON WORK-LIFE STRATEGY 72% of global businesses reported increased productivity as a direct result of flexible working practices; At V-I*.- pp.*r?;v > T /'ft;: WORKLIFEWEEK.SG Be amazed at how making small changes to your HR practices can make a big difference to your company’s revenue.
      142 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon A market bereft of ideas or direction
      583 6  -  Some interest in Singapore eDevelopment which is selling its HotApps to a US company for US$700 million STOCKS R SIVANITHY sivan@sph.com.sg @RSivanithyBT Senior Correspondent THE market’s main statistics for Wednesday were thus: the Straits Times Index (STI) fell 4.33 points to 3,338.63, turnover
      Source: Bloomberg  -  583 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 4 2 0 0 0 6 4 2 Manufacturing 32 61 46 9 10 14 41 71 60 Commerce 15 20 20 3 6 7 18 26 27 Tpt/Stor/Comms 7 20 14
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      122 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 9,850 9,850 56,274 56,274 Manufacturing 246,331 51,557 297,888 156,265 6,122 162,387 Commerce 79,760 45,807 125,567 47,284 2,747 50,031 Tpt/Stor/Comms 87,581 5,994 93,575 98,734 1,120 99,854 Finance 21,319 56 21,375 197,400 11 197,412 Construction 30,750 37,734
      122 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      121 6 Stock name Close Change Ascendas Reit 2.360 -0.010 CapitaLand 3.280 -0.040 CapitaMall Trust 1.995 -0.005 CityDev 9.800 -0.010 ComfortDelGro 2.540 +0.010 DBS Grp 18.250 -0.110 Genting Sing 1.200 -0.005 Global Logistic 2.860 -0.010 Golden Agri-Res 0.515 +0.005 HPH Trust USD 0.710 -0.005 HongkongLand USD 6.810 -0.050
      121 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      75 6 Sep 10 VALUE CLOSE BT OB/OS -490.00-129.00 BT CADI -*****.00-102.00 BT 10-day MA -*****.00 -49.00 FTSE ST Mid Cap 777.73 -3.18 FTSE ST Small Cap 548.44 -1.28 FTSE ST All Share 810.80 -1.47 FTSE ST China Top 197.58 -1.17 FTSE ST China 229.27 -0.93 FTSE ST Catalist
      75 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 6 VOLUME ThaiBev 58,092,000 APAC Strategic 48,234,000 STATS ChipPAC 43,758,000 IHC 30,674,000 Digiland Intl 28,301,000 Singapore eDev 26,485,000 OLS Enterprise 26,323,000 Mirach Energy 24,704,000 Artivision Tech 22,374,000 Jaya 20,435,000 VALUE($) DBS Grp 108,696,878 UOB 47,145,690 SingTel 44,511,855 ThaiBev 42,410,015 CapitaLand 34,893,820 Keppel Corp 34,592,889 OCBC Bank 29,062,940 STATS
      59 words
    • Article, Illustration
      Lock icon BROKERS’ TAKE
      1028 6  -  Compiled by JAMIE LEE Star Hub Ltd Sept 10 close: S$4.12 OCBC INVESTMENT RESEARCH, Sept 10 STARHUB Ltd’s share price has seen a decline of as much as 5 per cent after the telco posted a 6 per cent year-on-year fall in Q2 2014 earnings (still just 0.6
      Source: Bloomberg  -  1,028 words
    • Article, Illustration
      Lock icon US$ touches 6-year high against yen
      461 6 CURRENCIES AFP [TOKYO] The US dollar pushed higher in Asia on Wednesday to hit a fresh six-year high against the yen, while the pound struggled to recover owing to concerns about next week’s Scottish independence vote. In Tokyo, the greenback jumped to 106.55 yen
      AFP; PHOTO: BLOOMBERG  -  461 words
    • Article
      Lock icon RISES
      120 6 BY CENTS CLOSE UP DBXT EONIA 5US$ ***** 173.5 0.7 DBXT MSJAP 10US$ 4676 36.7 0.6 DBXT S&P Short 10US$ 2348 21.5 0.7 Fuji Offset 60 20.0 50.0 Petra Foods 405 16.0 4.1 DBXT DBLCI-OY 5US$ 3250 11.4 0.3 DBS Bk 4.7% NCPS 100 ***** 10.0 0.1 IS ASIA
      120 words
    • Article
      Lock icon FALLS
      132 6 BY CENTS CLOSE DOWN DBXT AUDCS 5US$ ***** -386.2 -1.5 DBXT AUDCS 5SG$ ***** -289.0 -1.1 DBXT Nifty 10US$ ***** -227.9 -1.3 DBXT iBoxxKR 5US$ ***** -206.4 -1.0 Lyxor Indonesia10US$ 9317 -183.6 -1.5 DBXT iBoxxSvEu 5US$ ***** -173.5 -0.5 SPDRS S&P 500 10US$ ***** -134.2 -0.5 Lyxor ThaiSET 10US$
      132 words
    • Article, Illustration
      Lock icon FTSE CATALIST INDEX
      4 6 DAILY
      4 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      70 7 www.omy.sg 8 Ifftt JTS5JSS! I AS45licit.: 29 B i^'Wf: blog.omy.sg/vox REDEFINING IDEAS 4 printpack+sign Singapore's printing, packaging 8k signage business exhibition "Wi II 29-31 JULY2015 Marina Bay Sands, Singapore www.PrintPackSign.com Interested to exhibit? Tel: (65) 6848 5938 Email: PrintPackSign@bizlink.com.sg Organised By; BIZLINK Exhibition Services Pte Ltd A SUBSIDIARY OF Sf^l
      70 words
    • Advertisement
      Lock icon Page 7 Advertisements Column 2
      232 7 AMARI RESIDENCES PHUKET EXCLUSIVE NEW PHASE LAUNCHING 1ST TIME IN SINGAPORE 5 th FLOOR, SINGAPORE AND THAILAND ROOM HILTON HOTEL, 581 ORCHARD ROAD, SINGAPORE *****3 13-14 SEPTEMBER 2014 (SAT-SUN) 1 1 AM-7PM I mini |MP m 0 m HOTEL-BRANDED TURN-KEY INVESTMENT PACKAGE 6% GUARANTEED YIELD FOR 3 YEARS* “AS INDICATED
      232 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      460 8 TACKLING THE MANPOWER CRUNCH through effective Manpower Planning MEET Sage Experts! Learn more about the latest Sage 300 ERP 2014 Still on Sage ERP Accpac* version 4.x 5.x? Check out how the new release of Sage 300 ERP can help you and your workforce be more productive and efficient in
      460 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 2
      44 8 FIRST TWINS TO CONQUER EVEREST They have one more peak left to complete target of scaling the highest peaks in all seven continents SINDA HONOURS TOP INDIAN STUDENTS GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
      44 words
Page thumbnail Page 9
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Panel appointed to study possible CPF refinements
      638 9  -  It’ll look at four key areas, including MS adjustment to deliver basic lifelong payout By CLAIRE HUANG By huangjy@sph.com.sg @ClaireHuangBT Source: Ministry of Manpower THE Manpower Ministry has appointed a 13-mem-ber advisory panel to look into a possible refinement of key areas of
      Source: Ministry of Manpower  -  638 words
    • Article, Illustration
      Lock icon Chok Tong urges Delhi to join Asean pact
      392 9 EMERITUS Senior Minister Goh Chok Tong yesterday suggested how India’s US$2 trillion economy could grow by an extra three percentage points. He said that the government of Prime Minister Narendra Modi, with its focus on manufacturing, would be helped by joining Asean’s
      392 words
    • Article
      Lock icon Ngee Ann Kongsi donates S$7.97m to Ngee Ann Poly
      184 9 NGEE Ann Kongsi presented Ngee Ann Polytechnic (NP) with a cheque for S$7.97 million on Wednesday at a ceremony graced by Minister of State for Education Sim Ann. The philanthropic foundation has, since 2006, contributed 25 per cent of its in-
      184 words
    • Article, Illustration
      Lock icon SC Global rolls out tennis-for-kids project
      194 9 Tie-up with tennis body to give primary schoolchildren access to the sport CULTURE, Community and Youth Minister Lawrence Wong was at the Education Ministry’s sports hall on Wednesday to play tennis with a group of 40 schoolchildren at the launch of SC Global Developments’
      194 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Singapore, Brunei to cut roaming charges
        90 9 FROM Jan 1, 2015, mobile phone subscribers in Brunei and Singapore, when travelling to either country, will enjoy a rate deduction of up to 10 per cent for voice calls and up to 50 per cent for SMS text messages, video calls and data.
        90 words
      • Article
        Lock icon S$250,000 raised for President’s Challenge
        69 9 THE Chinese Newspapers Division (CND) of Singapore Press Holdings has raised close to S$250,000 for President’s Challenge 2014. The donations are from two charity events organised by CND Charity Fund Walk 2014, and the sale of the replicas of the Singapore panoramic artwork by British
        69 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      557 9 THE THINK BIG ENTREPRENEURS CONVENTION 2014 KNOW TODAY’S CUSTOMER Discerning. Connected. Has choices. Whether you are in retail or B2B, service or F&B, your customer today is an evolved entity. Understanding her profile is only the first step to closing a sale. The more important question is how to reach,
      557 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      19 9 Show Off Your Prize Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices
      19 words
Page thumbnail Page 10
  • MALAYSIA/INDONESIA
    • Article
      Lock icon New Selangor water deal set to be inked on Friday
      548 10  -  But questions raised over its validity given Khalid Ibrahim’s position By PAULINE NG in Kuala Lumpur A CONTROVERSIAL water restructuring agreement between the federal and Selangor governments is scheduled to be inked on Friday despite questions as to its validity
      548 words
    • Article, Illustration
      Lock icon Jokowi’s plans to merge ministries may backfire
      728 10 Bloomberg [JAKARTA] Indonesian President-elect Joko Widodo plans to merge some government ministries and spur faster decision-mak-ing as he seeks a fresh approach. Doing too much too soon could be risky for his economic priorities, analysts say. Mr Widodo, known as Jokowi, plans to
      Bloomberg; PHOTO: AFP  -  728 words
    • Article
      Lock icon Bank Negara chief gets an ‘A’ grade from Global Finance
      258 10 [PETALING JAYA] Bank Negara governor Zeti Akhtar Aziz is among the heads of seven central banks named as the World’s Best Central Bankers for 2014 by Global Finance magazine. The citation was in recognition of their achievements of an ‘A’
      258 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      881 10 A special feature brought to you by STJOBS.sg S~\ A 4*© I 3 vmsio miH rSOCML SELLING 0 IDEA): XJ Article by Tom Abbott, an international sales expert and author of‘The SOHO Solution: 21 Selling Strategies for Growing Your Small Business’ and ‘Social Selling: The Evolution of Sales’ (forthcoming). There’s
      881 words
Page thumbnail Page 11
  • CHINA/INDIA
    • Article
      Lock icon China will reach all its economic goals: Premier Li
      568 11  -  Around 7.5% growth forecast for 2015; errant firms warned By VIRGINIE MANGIN in Beijing CHINA will reach all its economic goals and grow by around 7.5 per cent this year, Premier Li Keqiang told Chinese and international business leaders on Wednesday.
      568 words
    • Article, Illustration
      Lock icon Alibaba’s record IPO covered after first few roadshow meetings
      413 11 Reuters [BOSTON] Alibaba Group Holding Ltd has received enough orders for its record-breaking initial public offering to cover the entire deal within just two days of its launch, people familiar with the IPO process said on Wednesday. There was no indication
      Reuters; PHOTO: BLOOMBERG  -  413 words
    • Article, Illustration
      Lock icon China abolishes Mao-era household registration system
      1059 11  -  First group to gain from the measure will be 174 million migrant workers By SHU-CHING JEAN CHEN in Hong Kong IN ONE of its most farreaching structural reforms, China has ditched a Mao-era household registration system known simply as Hukou, or “household”, a move
      PHOTO: AFP  -  1,059 words
    • Article
      Lock icon India’s July factory output probably slowed, finds poll
      351 11 But inflation likely edged down to 7.80% in August Reuters [NEW DELHI] Indian factory output probably slowed further in July as core industries like mining and cement manufacturing were hampered by the monsoon rains, but more encouragingly inflation was seen easing in
      Reuters  -  351 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      48 11 HOT PROPERTY 1 T 668sf°3+f N C0LLEC ™N, Dempsey Partiv°°t Gym Immed $?k burnished condSshed f™ iish' cony AI ceiling fan. $45^/ f 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
      48 words
Page thumbnail Page 12
  • WORLD
    • Article
      Lock icon Fed’s proposed new rules make Wall St jumpy
      904 12 Big banks could be forced to reduce, or even sell, some traditionally profitable ops NYT [NEW YORK] Wall Street banks are scrambling to determine how they might have to adjust their business models to comply with newly proposed rules that could push
      NYT  -  904 words
    • Article, Illustration
      Lock icon Australian reporting season shows up economic challenges
      732 12 AFP [SYDNEY] As Australia approaches a sharp fall-off in resources investment later this year, the question dominating the outlook for the mining-dependent economy is where growth will come from next. The search for the next growth cycle became more urgent following the recent
      AFP; PHOTO: AFP  -  732 words
    • Article
      Lock icon Consumer sentiment suffers setback in September: survey
      349 12 Unpopular budget still on people’s minds, it adds Reuters [SYDNEY] A measure of Australian consumer sentiment suffered a sharp reversal in September as households became more concerned about the outlook for the economy and employment. The survey of 1,200 people by the Melbourne
      Reuters  -  349 words
    • Article, Illustration
      Lock icon Moody’s negative on Brazil deals Rousseff a new blow
      621 12 AFP [RIO DE JANEIRO] Ratings agency Moody’s has lowered its outlook for Brazil, in the latest blow to President Dilma Rousseff’s economic record, just weeks before voters decide if she will be re-elected. Moody’s dropped its outlook for the world’s seventh
      AFP; PHOTO: REUTERS  -  621 words
    • Article
      Lock icon Soft bounce in Japan machinery orders leaves doubts on outlook
      559 13 Another weak data adds to uncertainty about second sales tax hike next year Reuters [TOKYO] Japan’s core machinery orders rose for a second straight month in July, but analysts said the data failed to dispel some doubts about the strength
      Reuters  -  559 words
    • Article, Illustration
      Lock icon Japan U-turns on pressing firms to raise wages: sources
      513 13 Reuters Bloomberg [TOKYO] Japan’s government, reversing its recent stance, will refrain from directly urging businesses to raise salaries by intervening in annual wage negotiations between management and labour unions next year, government sources told Reuters. The government will instead focus on
      Reuters; Bloomberg; PHOTO: REUTERS  -  513 words
    • Article
      Lock icon NHS comes under Scottish referendum spotlight
      310 13 AFP [LONDON] Scotland’s independence referendum has thrown the spotlight on Britain’s state-run National Health Service (NHS), as campaigners clash over the claim that it faces privatisation by stealth. Scots vote on Sept 18 to decide whether to break away from the United Kingdom, as
      AFP  -  310 words
    • Article
      Lock icon BOJ upbeat on economy despite tax hike pain
      370 13 Expects pick-up in demand, wages to aid recovery Reuters [KANAZAWA, Japan] Bank of Japan deputy governor Kikuo Iwata on Wednesday reiterated policymakers’ conviction that the economy can recover from a deep slump, saying that households and companies will boost spending as the
      Reuters  -  370 words
    • Article, Illustration
      Lock icon Creating value across generations
      1984 14 Four pioneering business families share their insights into growing a sustainable business for the long term SPECIAL FEATURE Question: What is the key to the longevity of your family’s business? J. Heinrich Jessen: Among the various factors that have allowed us to continue as a family
      1,984 words
    • Article
      Lock icon July wholesale inventories gain the smallest in a year
      276 16 S lower pace of stock accumulation may prompt economists to cut GDP estimates LATEST US DATA Reuters [WASHINGTON] US wholesale inventories barely rose in July, suggesting a slower pace of stock accumulation at the start of the third quarter that could
      Reuters  -  276 words
    • Article, Illustration
      Lock icon Microsoft close to US$2b deal to acquire Minecraft maker
      509 16 Bloomberg [SEATTLE] Microsoft Corp, maker of the Xbox videogame console, is in discussions to buy Mojang AB the software company behind the popular game Minecraft for more than US$2 billion, three people with knowledge of the talks said on Wednesday. Microsoft,
      Bloomberg; SPH FILE PHOTO  -  509 words
    • Article
      Lock icon France breaks 2015 deficitcutting promise
      461 16 It can bring finances in line with EU rules only by 2017 Reuters [PARIS] France announced on Wednesday it was breaking the latest in a long line of promises to European Union (EU) partners to cut its public deficit, conceding it now would take until
      Reuters  -  461 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      114 12 New Improved: STJobs.sg Tailor your STJobs homepage for a personalised experience. aj jy IIMI, II.*****1111.111.1.|IIII|IIII|MI. I.II.I.IIM..1.1 1 Have you seen the new site? A STJobs has improved the way you search for jobs online complete with a brand new look. Here are 3 things you should know about the revamped
      114 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      234 13 THE BUSINESS TIMES Ik I 1 I I Toll free 1800-289-8822 I I I B Email noticesfasph.com.sg I M I B i j www.sphclass.com.sg/notices Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices };`-~]%[*~`(>\.`'-]>@?,;!.;?@[[ In The Matter of The Companies Act (Chapter 50) And In
      234 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      140 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HUADE XU MING HOLDINGS PTE LTD COMPANY REG. NO: *****7329G (IN MEMBERS’ VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 50 that the FINAL
      140 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 3
      388 13 Experts: Businesses responsible for ensuring that cloud computing is safe computing is safe To subscribe, call 6388-3838 or go to sphsubscription.com.sg Own 2 If you're looking for a landed home with a large enough driveway, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289
      388 words
Page thumbnail Page 14
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      1098 15 ADVERTORIAL Celebrating a pioneering spirit Premium whisky brand Glenfiddich celebrates 125 years of history by unveiling one of the most remarkable single malts ever produced Over the course of more than 125 years, Glenfiddich has forged a reputation for passion, integrity and innovation that has been passed down through five
      1,098 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      649 16 Gain An Edge In The Sales And Leadership Environment Who should attend: Supervisors, managers, team leaders and other general managers, executives, business owners, and anyone who wishes to achieve higher success in their career. Productivity and Credit (P/g L Claimable 2014 SEPTEMBER SERIES FULL-DAY WORKSHOPS Raising Your Sales with Positive
      649 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      124 17 m BSSS* BSW'. EI i H I Ml MM SS*. Vv: •&*tz SSW 0^0 Best In Mobile Media //AtHfelrHA 6 -r (Gold) tor Asian Digital r (uoid) tor Asiai <*/ Media Awards 2012 Editor® Publisher. BEST CLASSIFIED WEBSITE with over 1 million unique .b. monthly visitors fW/r'M 20/ Small Details
      124 words
Page thumbnail Page 18
  • EDITORIAL & OPINION
    • Article
      Lock icon AEC presents opportunities and challenges
      478 18 EDITORIAL WITH 2015 just around the corner, few expect the initial vision of an Asean Economic Community (AEC) to be fully realised by the end of next year as targeted. But Singapore’s businesses particularly small and medium enterprises (SMEs) cannot afford to put off considering
      478 words
    • Article, Illustration
      Lock icon US defence spending must be raised to keep order
      749 18  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group YOU might have thought that the lesson would be obvious. In the past year, we’ve had an elementary tutorial in the uses of raw military power: in Ukraine, where Russia manufactured
      The Washington Post Writers Group  -  749 words
    • Article, Illustration
      Lock icon Ganga clean-up a Herculean task
      1263 18  -  Good intentions alone cannot restore the river. Proper analysis and planning are essential By MAITREYEE MUKHERJEE ASIT BISWAS Maitreyee Mukherjee is a research assistant at the Institute of Water Policy, Lee Kuan Yew School of Public Policy, Singapore. Asit K Biswas is Distinguished Visiting Professor,
      PHOTO: AFP  -  1,263 words
    • Article, Illustration
      Lock icon Why Germany won the World Cup
      1019 19  -  Three lessons leaders in business and sports can take away from the success story of the German soccer team By THOMAS MENKHOFF The writer is Professor of Organisational Behavior and Human Resources at the Lee Kong Chian School of Business, Singapore Management University (SMU),
      PHOTO: REUTERS  -  1,019 words
    • Article, Illustration
      Lock icon ‘Throughtrain’ offers investors a joy ride
      872 19  -  By TAN MIN LAN The writer is Asia Pacific head of the Chief Investment Office, UBS Wealth Management THE Asian equity market will witness a watershed event in the next couple of months when China opens up a link that will allow foreign investors
      PHOTO: BLOOMBERG  -  872 words
    • Article
      Lock icon Putting development goals into action
      708 19  -  By MAHMOUD MOHIELDIN The writer is corporate secretary and special envoy of the World Bank President Project Syndicate WHEN the Millennium Development Goals (MDG) deadline expires next year, the world will be able to point to several important achievements since their launch in 2000. Extreme
      Project Syndicate  -  708 words
Page thumbnail Page 19
Page thumbnail Page 20
  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon S’pore-Okinawa charter flights set for takeoff
      443 20  -  Direct service means flying time is cut by about half to just over five hours By NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT SINGAPORE and Okinawa could see 14 direct charter flights between Changi Airport and the latter’s Naha Airport between this month and January next year
      443 words
    • Article
      Lock icon TRANSPORT STOCKS
      250 20 SGX '000 Sep 10 S$ +/-Vol Ch Offshore '000 Chuan Hup Hldg 0.30 0.01 124 Cosco Corp 0.72 unch 744 Cwt Limited 1.75 -0.03 474 Vol First Ship Lea 0.11 unch 100 Grand Banks 0.26 unch 7 Jaya Hold Ltd 0.05 unch ***** K1Ventures................0.20 unch 115 Keppel Corp
      250 words
    • Article, Illustration
      Lock icon Lufthansa to make offer to striking pilots
      478 20 Reuters [BERLIN] Lufthansa said that it would offer pilots more definite details of an early-retirement package as it seeks to avert further costly strikes after Germany’s flagship airline saw three walkouts announced in the space of two weeks. “We want to provide the
      Reuters; PHOTO: BLOOMBERG  -  478 words
    • Article
      Lock icon World’s sailors asked to help explore oceans
      379 20 AFP [SYDNEY] Researchers on Wednesday urged sailors to become “citizen oceanographers” and help scientists better understand some of the world’s wildest seas where ships and even planes disappear without trace. An Australian-led study said that despite technology such as GPS (Global Positioning System)
      AFP  -  379 words
    • Article
      Lock icon Cheung Kong getting into plane leasing: sources
      301 20 It’s in joint venture talks with Mitsubishi Corp’s leasing arm Reuters [SINGAPORE] Asia’s richest man, Li Ka-shing, aims to become a force in the global aircraft leasing business as his flagship investment firm holds talks with a number of lessors on building up
      Reuters  -  301 words
    • Article, Illustration
      Lock icon French container firm forms Ocean Three alliance
      377 20 Reuters [PARIS] French container shipping group CMA CGM has sealed an alliance with two rivals after a failed attempt to partner bigger peers Maersk and Switzerland’s MSC, vetoed by China earlier this year due to competition concerns. CMA CGM said on Tuesday it
      Reuters  -  377 words
    • Article
      Lock icon Malaysian minister in Russia to discuss crash probe
      188 20 AFP Reuters [MOSCOW] Malaysia’s defence minister said on Wednesday he has arrived in Moscow for talks over a probe into the crash of Flight MH17 in Ukraine, which killed 298 people. “Just arrived in Moscow: another long day of back-to-back meetings,” Defence
      AFP; Reuters  -  188 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      74 20 NOTICE TO TRADE WINTER SEASON CHARGE Singapore/Port Klang/Colombo to Kolkatta and vice versa We wish to notify the trade that with the impending winter season in Kolkatta and in order to recover the loss in revenue arising from the situation, a Winter Season Charge (WSC) of USD 115.00 per TEU
      74 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      320 20 CRYPTIC CROSSWORD Across 1 Lucky devil on a trip abroad (12) 9 Supporter’s order unfinished in bar (9) 10 Cold sponge, toe to head (5) 11 Inside restrains a neurotic lunatic (6) 12 Facing work with flower plot (8) 13 Better to accept advice finally from doctor (6) 15 Turn
      320 words
Page thumbnail Page 21
  • Article
    Lock icon SHIPPING TIMES
    1198 21 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
    1,198 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      81 21 Experienced ship maintenance findyou y r I services services wanted, heremthe Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 The Business Times I IIL UUJIIVLJJ I IIVILJ Shipping Times Legal services required by shippers owners TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here
      81 words
Page thumbnail Page 22
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      4071 22 Transaction date: Sep 10 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 13 10.4 8Telecom Vol Day Last Quote --AAT Div Gr Yld C'vr 14.2 6.7 AIMS Property 14 unch
      4,071 words
    • Article
      Lock icon SGX CATALIST
      446 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 32.5 25 t 3Cnergy 500 Last Vol Day 1.9 0.7 t Advanced Systems 0.7 unch 218 0.7 0.7 0.7 0.8 13.6 Last Quote Div
      446 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      10311 23 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** APS Aloha unaCI A!* Aberdeen Asset Mgt Asia Limited 1.62/ Aberdeen Asset Mat Asia Limited China Opportunities USD!** Global Emerging Markets USD 3 09/ furopean Opportunities! 1 3206/ Global Emerging Markets 1 Global Opportunities/ 1
      10,311 words
    • Article
      Lock icon GLOBALQUOTE
      245 23 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 64.5 50 AVJennings A64.5 +1 6 64.5 64.5 64.5 67 3.6 5.4 5.2 238.8 Last 343 255 TanChongInt HK303cd 304 307 9.7 3.5 3 6102.1 DISCLAIMER: All
      245 words
    • Article
      Lock icon SGX ETF
      1115 23 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 118 108.3 ABF SG Bond ETF Last 139.4 119 CIMB APAC Div 100S$D 137.8cd -0.9 137.8 137.8 136.5 139.2 110.5 94 CIMB APAC Div 100US$ US108.9cd
      1,115 words
Page thumbnail Page 23
Page thumbnail Page 24
  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      667 24 Sep 10 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.55 *****.60 *****.79 Sep14 *****.00 *****.00 *****.00 *****.00 *****0 *****7 Dec14 *****.00 *****.00 *****.00 *****.00 *****4 *****6 MSCI TAIWAN INDEX FUTURES SPOT 343.55 343.55 339.19 Sep14 344.20 344.80 338.30 340.40 ***** *****7 Oct14 344.70
      667 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 24 In local curr In S$ In US$ dy yr dy yr dy yr Sep 9 Index Change Change Change Change Change Change World Preliminary 1257.5 -0.2 6.2 0.1 4.6 -0.4 4.6 EAFE Preliminary 984.8 -0.1 3.0 0.0 -0.5 -0.6 -0.5 Europe Preliminary 1406.5 -0.3 3.8
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 24 Sep 10 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.005 5.595 0.706 7.075 55.615 107.830 0.973 9.448 2.923 1.111 93.097 40.111 1.156 10.031 0.852 27.395 29.366 0.566 0.913 Canada 0.996 5.570
      471 words
    • Article
      Lock icon SIBOR
      37 24 Sep 10 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 1 mth 3 mths 6 mths 6 mths Source: Thomson Reuters
      37 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      82 24 Sep 10 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****S 02-May-15 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 106.31 106.34 106.34 5-Year NX*****W 2.5 01-Jun-19 104.6 105.02 104.90 10-Year NY*****H 3.000 01-Sep-24
      82 words
    • Article
      Lock icon PRECIOUS METALS
      120 24 Sep 10 GOLD(US$/oz) Sep 10 Sep 08 Hong Kong 1256.00 1271.00 Sep 09 Sep 08 London 1255.57 1253.85 1255.98 1254.42 Source: Thomson Reuters CAST BAR Sep 10 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 78 48 5gm 307 252 10gm 571 507
      120 words
    • Article
      Lock icon PALM OIL
      57 24 Sep 10 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 14 2023.0 2050.0 2040.0 2023.0 14 1578 Oct 14 2033.0 2045.0 2045.0 2012.0 1896 ***** Nov 14 2027.0 2034.0 2035.0 1997.0 ***** *****4 Dec 14 2051.0 2060.0
      57 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 24 Sep 10 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1558 1.1560 0.9128 0.9129 Canadian dollar 1.1504 1.1511 0.9090 0.9085 Euro 1.6373 1.6377 1.2931 1.2933 NZ dollar 1.0398 1.0406 0.8212 0.8218 Sterling pound 2.0421 2.0428 1.6128 1.6132
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 24 Sep 9 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 14 1076.50 1090.75 1094.50 1076.00 Nov 14 992.75 1008.50 1008.75 991.50 Jan 15 999.25 1015.50 1015.00 998.25 Mar 15 1005.00 1022.00 1022.00 1004.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 14
      109 words
    • Article
      Lock icon LIFFE
      95 24 Sep 9 COCOA (£/tonne) Close Prev High Low Sep 14 2021 2008 2024 1994 Dec 14 1995 1978 1999 1959 Mar 15 1967 1951 1970 1934 May 15 1958 1942 1962 1925 COFFEE(US$/tonne) Close Prev High Low Sep 14 2046 2051 2064 2050 Nov 14 2068 2069 2085 2052
      95 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      971 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4.7 0.3 1 -55 3.74 46 Asia-Pacific Strategic W*****6 3.5 0.1 2005 1 2 56 Ratio Exer Ascendas REIT MB eCW*****3 Prem Asiatic Grp(Hldgs) Ltd W*****5 ............2.1 unch
      971 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 24 CRUDE OIL PRODUCTS Sep 09 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 100.23 -0.05 WTI (Near Mth) 92.73 -0.15 Dubai (1-Mth F) 98.69 unch Tapis blend 101.83 -0.20 Minas 97.33 -0.20 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 95.39 -0.61 Jet Kerosene 114.18 -0.44 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Sep 10 S$ Bid Offer 1-month 1.2662 1.2663 2-months 1.2662 1.2663 3-months 1.2662 1.2663 6-months 1.2661 1.2662 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      65 24 Sep-09 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2032.50 2065.75 3 months 2068.00 2097.00 Copper, Grade A(US$/tonne) Cash 6857.25 7000.25 3 months 6840.00 6990.00 Lead(US$/tonne) Cash 2111.50 2182.00 3 months 2129.00 2199.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
      65 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 24 As at 9am Sep 10 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.189 1.133 Can dollar 1.172 1.127 Euro 1.671 1.592 Sterling pound 2.073 1.994 NZ dollar 1.067 1.026 US dollar 1.287 1.226 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      154 24 Sep 10 $S Offer Bid 0vernight 0.03 0.01 1-month 0.3125 0.1875 2-months 0.3750 0.2500 3-months 0.4375 0.3125 Overnight mode: 0.10 US$ Offer Bid 7 days 0.18 0.08 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
Page thumbnail Page 25
  • PROPERTY
    • Article, Illustration
      Lock icon Atlantic City’s Trump Taj Mahal casino likely to close in Nov
      805 25 Casino job losses in city to hit 8,000 this year as company files for bankruptcy NYT [ATLANTIC CITY] The second poker chip dropped for Trump Entertainment Resorts on Tuesday, when the company filed for bankruptcy protection and threatened to
      NYT; PHOTO: BLOOMBERG  -  805 words
    • Article
      Lock icon Househunt
      1387 25 PROPERTY TRANSACTIONS FOR DISTRICTS 3 TO 28 WITH CONTRACT DATES BETWEEN JULY 30 AND AUG 5, 2014 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 3 NON-LANDED Ascentia Sky Apt 01/08/2014 99 958 1668 1741 Commonwealth Twr Apt 30/07/2014
      1,387 words
    • Article
      Lock icon Cambodia holds construction, property expo
      321 25 Xinhua [PHNOM PENH] An international construction and property exhibition kicked off on Wednesday, in the capital city of Cambodia, as the country’s construction continued enjoying strong growth, officials said. Andrew Siow, chief executive officer of AMB Event-Cambodia, which organised the expo at the capital’s Diamond
      Xinhua  -  321 words
    • Article, Illustration
      Lock icon Dubai developer seizes ‘second chance’
      1485 26 Jailed but cleared of fraud charges, he finds it difficult to rebuild reputation Bloomberg [DUBAI] Dubai’s boom-and-bust real estate market can land you at the wheel of a Rolls-Royce or behind bars. Kabir Mulchandani should know: He’s experienced both. Five years after spending 140 days
      Bloomberg; PHOTO BLOOMBERG  -  1,485 words
    • Article, Illustration
      Lock icon Lower Manhattan revival nears culmination 13 years after attacks
      1378 27 Building at the trade center site is set to be substantially completed in the next year Bloomberg [NEW YORK] Anthony Gardner had sworn off high floors of skyscrapers until his guides on a tour of New York’s 1 World Trade Center
      Bloomberg; PHOTO: BLOOMBERG  -  1,378 words
    • Article, Illustration
      Lock icon Chesterton again urges release of more hotel sites
      710 28  -  Property consultant cites high occupancies and room rates By LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT PROPERTY consultant Chesterton is again calling for the government to release more hotel sites. Hotels in Singapore have been enjoying high occupancies (85.5 per cent from January to July
      Source: STB, Chestertons; FILE PHOTO  -  710 words
    • Article, Illustration
      Lock icon Serangoon Garden bungalow up for auction
      598 28 [SINGAPORE] A freehold bungalow at 14 Brighton Crescent in the Serangoon Garden area will go under the hammer at a Colliers International auction later this month. The property is understood to have been put up for sale by the estate of the late Raffles
      598 words
  • Page 25 Advertisements
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      271 26 Charming Single–storey Good Class Bungalow in exclusive and serene neighbourhood of Bukit Tunggal Few minutes walk to Novena MRT and shopping malls Large well maintained grounds of approx. 23,000 sq.ft. Built-up accommodation of approx. 6,500 sq.ft. comprising spacious living cum dining room, extensive patios, 3 bedrooms each with large ensuite
      271 words
    • Advertisement
      Lock icon Page 26 Advertisements Column 2
      135 26 FREEHOLD COMMERCIAL STRATA an m B1 THOMSON IMPERIAL COURT Strata area: 11,011 sqft Tenanted to large supermarket Annual income stream-$633K Large catchment area of Thomson Ang Mo Kio Faces main road Suits all trade Walking distance to MRT CEA Accredited Agents welcome Owner: 6476 8886 Wellspring Investments Ltd Australian Property
      135 words
    • Advertisement
      Lock icon Page 26 Advertisements Column 3
      97 26 47/A TO 65/A (ODD) KIM CHUAN DRIVE BART ley Rd KIM CHUAN RD TAI SENG Subject Site airport R° VCPE Industrial redevelopment site Freehold. Land: 34,729 sq ft Zoned Business 2 Plot Ratio: 2.5 Wide frontage Near Tai Seng MRT Station Mins to airport CBD Easy access to KPE PIE
      97 words
    • Advertisement
      Lock icon Page 26 Advertisements Column 4
      166 26 Industrial Properties, Malaysia i y Jsavil|s For Sale Iskandar Freehold Factories 10-Min from Second Link Good Layout. Size: 13,000 sq ft 42,000 sq ft Semi-Detached Detached Factory Near Commercial Lifestyle Amenities Dominic Peters 9825 2101 CEAReg. No. R*****1G Open for Registration of Interest IBP Nusajaya, Freehold Factories Freehold, World-class Business
      166 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      412 27 GLOBAL LAUNCH OF RIVERSIDE APARTMENTS LEVEN WHARF LONDON E14 EXHIBITION Saturday 13th Sunday 14th September 2014 Time: 11am 7pm Shangri-La Hotel Orchid Room 22 Orange Grove Road Singapore *****0 ■v.;. X 4 ;7l JiT WM I 1 h' 0$ m BSP m ft VSA as -/■a m B 5f *4*v?O'd
      412 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      251 28 RETAIL SHOPPING COMPLEX AUCKLAND, NEW ZEALAND Vv V4* a* m ft 4 ■T$ ri SH :2V-J lx Located on a high profile corner site in East Auckland, Pakuranga Plaza comprises 29,541 m 2 of retail and office space leased to close to 100 tenants and generating net income of approximately
      251 words