The Business Times, 3 October 2014

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Microfilm: NL33268
Total Pages: 40
1 40 The Business Times
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  • Title Section
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    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|il A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 051/08/2014 Friday, October 3, 2014
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  • Article, Illustration
    Lock icon Fifteen years on, is Sias still relevant?
    1014 1  -  Yes, says founder David Gerald; It continues to be the voice, educator and protector of small investors By MICHELLE QUAH By michquah@sph.com.sg @MichelleQuahBT [SINGAPORE] Fifteen years ago, a minority-investor rights group called the Securities Investors Association of Singapore (Sias) was born out of
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,228.71 (-35.38) HST INDEX FUTURES 3,227.00 (-35.00) HSIMSCI 365.48 (-3.30) HSIMSCI FUTURES 364.50 (-3.50) US$ S$ US$ (S$ per US$) 1.272 (US$/S$ per 1.620 2.061 EURO (US$/S$/€ 1.262 1.606 Foreign currency per US$ S$ YEN 108.80 85.50 RM 3.256 2.559 HK$ 7.764 6.102 BAHT 32.43 25.49 RUPIAH
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    • Article
      Lock icon MARKETS
      45 1 Thursday Change KL COMP 1,837.68 -7.64 NIKKEI 225 15,661.99 -420.26 HANG SENG Closed SET INDEX 1,569.73 -17.62 JAKARTA COMP 5,000.81 -140.10 MANILA COMP 7,196.26 -71.80 SEOUL COMP 1,976.16 -15.38 SHENZHEN B Closed MUMBAI IND Closed 10.45 EDT Change DOW 16,753.06 -51.65 NASDAQ 4,399.36 -22.73
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    • Article
      Lock icon PRIME RATES
      20 1 SINGAPORE MALAYSIA MALAYSIA 5.35 6.85 INDONESIA INDONESIA TAIWAN TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 Source: Bloomberg
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  • Article
    Lock icon Relocations, tenants’ surplus space to add over 1m sq ft to office supply: DTZ
    606 1  -  By KALPANA RASHIWALA By kalpana@sph.com.sg @KalpanaBT [SINGAPORE] Close to one million sq ft of office space will become available next year when tenants move out of existing buildings to their new offices, according to DTZ. In
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      111 1 HOCK LOCK SIEW One Indonesian sector that SGX can tap PAGE 7 PROPERTY Cautious launch of Marina One PAGE 28 EXECUTIVE LIFESTYLE Female tech entrepreneurs muscling in PAGE 35 SPECIAL FOCUS Korean National Day PAGES 17-23 887 1 8 I 11 *****4 B V LG A R I OCTO «Detaih
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      31 1 CHILDREN FOR CHILDREN A day of fun and thrills IPAGE 14 BT’s property feature is now available to BTO subscribers. To subscribe to BT Property Classifieds, email class8@sph.com.sg PAGES 28 29
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  • TOP STORIES
    • Article
      Lock icon Re-employment till 67: Public service makes it official
      565 2  -  Currently, about 1,000 public officers already re-hired beyond age of 65 By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT [SINGAPORE] From next year, the Singapore Public Service which employs almost 140,000 people will offer all eligible staff re-em-ployment beyond the age of 65. Beginning Jan
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    • Article, Illustration
      Lock icon Tensions soar in HK as police bring in rubber bullets
      709 2 AFP [HONG KONG] Tensions in Hong Kong soared on Thursday after police were seen unloading boxes of tear gas and rubber bullets close to the city’s besieged government headquarters, as the authorities urged pro-democracy demonstrators to disperse “as soon as
      AFP; PHOTO: BLOOMBERG  -  709 words
    • Article
      Lock icon Protest starting to weigh on Hong Kong’s economy
      623 2 Concern raised over HK’s status as a global financial hub AFP [LONDON] The “umbrella revolution” is starting to weigh on Hong Kong’s domestic economy as protests escalate but the real concern is over the city’s status as an international financial hub. Transport
      AFP  -  623 words
    • Article
      Lock icon Next chief of Sias being prepped for role
      341 2  -  Current CEO has ‘at least 3’ potential candidates in mind B)’ MICHELLE OUAH michquah@sph.com.sg @Miche||eQuahBT [SINGAPORE] David Gerald, the president and CEO of the minority investors’ lobby group that is the Securities Investors Association of Singapore (Sias), says he does not intend
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    • Article
      Lock icon THREE-MINUTE DIGEST
      435 2 Does Singapore still need Sias? WITH capital markets having changed much in shape and tone in recent years, is Securities Investors Association of Singapore still relevant? FRONT PAGE Relocations to add 1 m sq ft to offices CLOSE to one million sq ft of office space will become
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    • Article
      Lock icon Malaysian firms grappling with intricacies of GST
      612 4  -  Keenly awaited is the list of goods and services subject to GST and those which are to be exempt or zero-rated By PAULINE NG in Kuala Lumpur WITH only six months to go until Malaysia imposes a 6 per cent Goods Services Tax
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    • Article, Illustration
      Lock icon M’sian petrol, diesel prices up by 9-10%
      494 4  -  Move in line with budget deficit target and push for fiscal reform By in S JAYASANKARAN in Kuala Lumpur PUTRAJAYA raised petrol and diesel prices by between 9 and 10 per cent late on Wednesday, eliciting howls of outrage from both sides of
      PHOTO: AFP  -  494 words
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      23 2 The Oaks Cellars Shop Online N It s A 'Discovery OAKS Champagne Veuve Fourny Grande Reserve Premier Cm Brut www.oaks.com.sg Usual: SS85.00 Now:S$49.00
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      73 3 OCBC Bank NOW LICENSED TO SUPPORT YOUR BUSINESS EXPANSION IN MYANMAR As Myanmar continues to open its doors to foreign investment, we can better support your business ambitions in this country with our newly awarded banking licence. Having served businesses for 60years in Myanmar, you can rely on our dedicated
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      52 4 CLOSER TO SHORE AT AQUAMARINE 1st to 30th October 2014 AquaMarine hauls in the best of Korean, Japanese, Vietnamese, Thai, Indonesian, Malaysian and Singaporean favourites for the numerous Halal-certified food stations this October. Savour the best of Asian delights including seafood from Australia. For reservations or enquiries, visit www.marinamandarin.com.sg or
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      197 5 TRAVEL VARI 2014 23rd TIG Travel Awards 2012, 24th TTG Travel Awards 2013 25th TTG Travel Awards 2014 BEST REGIONAL HOTEL CHAIN Continuing the winning momentum Three Consecutive Wins Park Hotel Group is proud to be named the “Best Regional Hotel Chain” for three consecutive years. This distinguished award represents
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Sitra shares soar on bullish report
      292 6 THE stock of wood products and furnishings specialist Sitra Holdings (International) surged almost 36 per cent on Thursday following an online report by a stockbroking house which suggested the company is worth a lot more than originally estimated. The counter was the bourse’s top
      Source: Bloomberg  -  292 words
    • Article
      Lock icon Rex unit secures deal from national oil firm
      333 6  -  Fruition of Rexonic’s commercialisation plans, says Rex chairman By ANDREA SOH sandrea@sph.com.sg @AndreaSohBT CATALIST-LISTED Rex International Holdings says its Switzerland-based unit Rexonic AG has secured its first ground-breaking contract with a national oil company (NOC). The deal which Rexonic clinched through a
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    • Article
      Lock icon S’pore hosts US firm’s hydropower centre
      347 6  -  By CHAN YI WEN yiwenc@sph.com.sg @ChanYiWenBT TO cater to South-east Asia’s growing demand for alternative energy, the US-headquartered engineering and construction firm Black Veatch opened a Hydropower Centre of Excellence in Singapore on Wednesday. The Republic, which lacks a major river system, seems an
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    • Article, Illustration
      Lock icon KepLand starts work on office levels of Saigon devt
      367 6  -  By LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT KEPPEL Land on Thursday said that it is progressing into the next phase of developing its 42-storey Saigon Centre Phase Two with work starting on 37 storeys of offices and serviced apartments in its landmark mixed-use
      FILE PHOTO  -  367 words
    • Article
      Lock icon One Indonesia sector that SGX can tap
      824 7  -  HOCK LOCK SIEW By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT NAM Cheong’s announcement earlier this week to increase its presence in the lucrative Indonesia offshore and marine market could see an uptick in SGX-listed companies heading there. Malaysia’s largest offshore support vessel (OSV) builder said
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    • Article
      Lock icon Two Thai firms to invest in Sino Grandness
      428 7  -  By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT MAINBOARD-LISTED Sino Grandness Food Industry Group announced on Thursday that Thai conglomerates Thoresen Thai Agencies (TTA) and PM Group will take stakes of 9 per cent and 3.77 per cent respectively in the company through a private
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    • Article
      Lock icon S’pore’s Islamic finance hub goal hit by dearth of sukuk issues
      847 7 Sabana Reit only entity to have sold sukuk in the Republic this year Bernama SABANA Shari’ah Compliant Industrial Reit is the sole entity in Singapore to have sold sukuk this year in a setback to the Republic’s ambitions to
      Bernama  -  847 words
    • Article, Illustration
      Lock icon Keeping the crown jewels safe
      906 9  -  Cyber security is fast becoming a top priority for organisations worldwide, but many companies still lack a concrete plan of action. FRANCIS KAN reports FRANCIS KAN WHETHER it’s procuring raw materials, balancing the books or managing customers, doing business online has become the default mode
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    • Article
      Lock icon Defensive measures
      126 9 THIO Tse Gan, executive director, enterprise risk services, Deloitte Singapore and South-east Asia, shares his thoughts on how companies should approach cyber security. “Firstly, do a risk assessment. Understand the threat matrix; identify who the potential perpetrators are and their motivation for targeting your assets based on the
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    • COMPANY BRIEFS
      • Article
        Lock icon SingPost unit delays acquisition of two firms
        70 9 SINGAPORE Post’s subsidiary General Storage Company Pte Ltd has delayed the acquisition of two companies. The unit had entered into an agreement to buy out The Store House Limited and was also supposed to complete its purchase of 75 per cent of the
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      • Article
        Lock icon KS Drilling stops work at Kurdistan site
        107 9 THE subsidiary of KS Drilling Pte Ltd, Atlantic Onshore Services BV, that provides drilling services with OP Hawler Kurdistan Limited, will stop its operation at the worksite in Kurdistan. KS Energy Limited on Thursday said that this was due to the continuing unrest
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      • Article
        Lock icon GP Industries buys 137,000 GP Batteries shares
        104 9 ELECTRONICS and batteries manufacturer GP Industries Limited on Thursday said that it acquired 137,000 ordinary shares in the capital of GP Batteries International Limited at S$104,805. The group said that it would be funded by the company’s internal cash resources. Based on the
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      2230 6 RYOBI KISO HOLDINGS LTD. Company Registration No. *****3985D (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ryobi Kiso Holdings Ltd. (the “Company”) will be held at The Imagination Room, Level 5, National Library Building, 100 Victoria Street,
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      228 6 Aitisga.I 'visTjlP a a a j. Estate Agencise License: LB*****8E from SGD45KUP (appr For Fully Furnish) RSVP for the seminar now Come for our Talk... 5 th October (Sunday), 2pm 6pm •TalkTime 3pm M: +65 8688 1177 T:+65 6422 1177 E: support@mmgsg.com <my is i i Asia's hottest pick Recession
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      207 7 www.kia.com Happy National Day, South Korea! For this celebratory weekend, book a full 7-seater Sorento for the price of a 5-seater Sportage! Embodying the South Korean zest for innovation, high technology and design flair, the handsome Sorento is here to go places. Loaded with plenty of premium features, it's a
      207 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon US plunge sends STI to 4-month low
      586 8  -  Local index sheds 1.08% for its fourth consecutive loss as market liquidity stays weak STOCKS R SIVANITHY sivan@sph.com.sg @RSivanithyBT Senior Correspondent THE Straits Times Index (STI) on Thursday suffered a fourth consecutive loss and its fifth loss in six sessions. It came in
      Source: Bloomberg  -  586 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      76 8 Oct 2 VALUE CLOSE BT OB/OS -475.00 -64.00 BT CADI -*****.00-127.00 BT 10-day MA -*****.00 -48.00 FTSE ST Mid Cap 755.85 -6.88 FTSE ST Small Cap 528.28 -2.97 FTSE ST All Share 784.54 -8.08 FTSE ST China Top 189.40 -2.09 FTSE ST China 219.73 -2.86 FTSE ST
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 7 2 0 0 0 3 7 2 Manufacturing 28 56 35 7 10 12 35 66 47 Commerce 13 25 20 6 7 4 19 32 24 Tpt/Stor/Comms 8 28 7
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    • BROKERS’ TAKE
      • Article
        Lock icon Sino Grandness Food Industry Group
        245 8 Group Oct 2 close: S$0.66 MAYBANK KIM ENG RESEARCH, Oct 2 ACCORDING to an announcement by Thoresen Thai Agencies Public Co Ltd (TTA), TTA and PM Group have become Sino Grandness’s strategic investors after a private placement of 86 million new shares. Both belong to
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      • Article
        Lock icon M1
        385 8 Oct 2 close: S$3.63 DMG PARTNERS RESEARCH, Oct 2 WE maintain “buy” on M1, with FV (fair value) adjusted to S$4.20 (weighted average cost of capital: 7 per cent; terminal growth: 1.5 per cent) from S$4.30, a 16 per cent upside. Its rerating catalysts are: i) continued revenue market
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      • Article
        Lock icon Swiber Holdings
        339 8  -  Compiled by Kenneth Lim Holdings Oct 2 close: S$0.44 OCBC INVESTMENT RESEARCH, Oct 2 SINCE our previous report on Aug 14, the share price of Swiber Holdings has dropped 13 per cent com- pared to the STI’s (Straits Times Index) flattish performance. We believe that this could be
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 12,979 12,979 51,507 51,507 Manufacturing 267,750 125,594 393,344 144,181 15,571 159,752 Commerce 74,875 60,186 135,061 84,743 2,117 86,861 Tpt/Stor/Comms 86,093 2,711 88,804 113,754 520 114,273 Finance 31,546 25 31,571 176,175 6 176,181 Construction 357,751 41,908
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      122 8 Stock name Close Change Ascendas Reit 2.250 CapitaLand 3.110 -0.080 CapitaMall Trust 1.925 -0.005 CityDev 9.480 -0.070 ComfortDelGro 2.460 -0.020 DBS Grp 18.250 -0.160 Genting Sing 1.095 -0.020 Global Logistic 2.680 -0.040 Golden Agri-Res 0.505 -0.005 HPH Trust USD 0.685 -0.005 HongkongLand USD 6.600 -0.100 JMH
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    • Article, Illustration
      Lock icon US dollar falls on speculation it advanced too fast in Sept
      571 8 CURRENCIES Bloomberg [LONDON] The US dollar fell the most in two weeks on speculation that the currency strengthened too rapidly in September and before jobs data due on Thursday that may highlight the uneven nature of the US recovery.
      Bloomberg; PHOTO: BLOOMBERG  -  571 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 8 VOLUME Top Global 319,406,000 IHC 83,476,000 APAC Strategic 73,618,000 Metal Component 68,157,000 JES Intl 38,982,000 Sitra 33,596,000 Noble 30,361,000 Compact Metal 30,122,000 Sincap 27,832,000 Genting Sing 27,678,000 VALUE($) DBS Grp 81,639,544 CapitaLand 42,460,705 OCBC Bank 41,729,524 Sembcorp Marine 39,250,619 Noble 38,880,965 SingTel 35,564,320 UOB 35,370,280 Genting Sing
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    • Article
      Lock icon RISES
      116 8 BY CENTS CLOSE UP DBXT AUDCS US$ ***** 226.4 0.9 DBXT iBoxxSvEu US$ ***** 174.3 0.5 DBXT AUDCS SG$ ***** 145.0 0.6 DBXT iBoxxUSTr US$ ***** 145.0 0.5 GLD US$ ***** 141.2 1.0 DBXT Vietnam US$ 2991 95.4 2.6 DBXT EONIA US$ ***** 85.2 0.4 DBXT iBoxxKR US$ *****
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    • Article
      Lock icon FALLS
      127 8 BY CENTS CLOSE DOWN Lyxor Indonesia US$ 8746 -446.4 -3.9 SPDR DJIA US$ ***** -333.2 -1.5 DBXT Nifty US$ ***** -239.1 -1.4 JMH USD 5760 -201.0 -2.7 Jardine C&C 4057 -182.0 -4.3 Lyxor ThaiSET US$ ***** -165.3 -0.9 DBXT MSJAP US$ 4496 -138.6 -2.4 DBXT MSKorea US$ 5828 -117.0
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      Lock icon FTSE CATALIST INDEX
      4 8 DAILY
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      261 9 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices It’s the market for rare stamps. Due to supply-demand dynamics, it’s a market that continues to grow, with finite, heritage assets sought by global collectors and astute investors. Uncorrelated with more traditional asset
      261 words
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      165 9 STRATEGY SPOTLIGHT Better manage the shadow plays in business by shining the light of true understanding NUS Business School Executive Education programs Authentically Asian insights EXECUTIVE EDUCATION U P C O M I N G P R O G R A M S LEADING FROM ASIA Negotiations Influence in Asia
      165 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Australian capital woos firms from Singapore, region
      572 10  -  Infrastructure projects and asset sales in the offing By NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT THE Australian Capital Territory (ACT) government, which has several infrastructure projects and proposed asset sales in the works, is keen to attract interest from companies in Singapore and the wider
      572 words
    • Article
      Lock icon Establishment of SME bank tops wishlist of SMEs
      478 10  -  For now, businesses are cutting costs; 87% expect to break even or make profit By MINDY TAN tanmindy@sph.com.sg @MindyTanBT AMID escalating business costs, small and medi-um-sized enterprises (SMEs) have renewed calls for a bank that serves businesses like theirs, even as they
      478 words
    • Article
      Lock icon Kuehne + Nagel building 46,000 sq m warehouse
      287 10  - Kuehne Nagel building 46,000 sq m warehouse By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT LOGISTICS services provider Kuehne Nagel has launched the construction of a 46,000 square metre multi-purpose warehouse facility in Singapore. The build-to-suit (BTS) logistics centre will be ideally located within close proximity to major manufacturers and ports. The new
      287 words
    • Article, Illustration
      Lock icon Celebrating S’pore and supporting art
      463 10  -  S’pore Heritage watches created by Arbutus and HK artist to benefit BT BAF By CHUANG PECK MING peckming@sph.com.sg IT was a work of passion which subsequently led to a cult following in Hong Kong. Elmo Chung’s first painting on a polished seashell was done for
      463 words
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      128 10 2014 MAN U FACT URINGSOLUTIONS EXPO Empowering Manufacturing Sectors with Solutions 8 to 10 October 2014 Suntec Convention Exhibition Centre, Halls 401 403 Opening Hours: 8 9 October: 10am to 6pm 10 October: 10am to 5pm Discover new technological trends and solutions for fully integrated capabilities! ms-expo.com FEATURING 6 INDUSTRIAL
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  • WORLD
    • Article, Illustration
      Lock icon World Bank CFO bonus amid cost cuts draws flak
      664 11 Bank cites ‘scarce skills premium’ while staff allege double standards Reuters [WASHINGTON] A US$94,000 bonus for the World Bank’s finance chief, disclosed in an internal blog, is drawing criticism from staff who are questioning it amid planned layoffs and budget cuts
      Reuters; THE STRAITS TIMES FILE PHOTO  -  664 words
    • Article
      Lock icon Wealth in Europe at record 56t euros: report
      314 11 Germany, Britain, France, Italy have three fourths of net Reuters [LONDON] Private wealth across Europe reached an all-time high of 56 trillion euros (S$ 117 trillion) last year and is set to rise by a further 40 per cent to almost 80
      Reuters  -  314 words
    • Article
      Lock icon IMF urges more oversight of US$70t shadow banks
      278 11 Bloomberg [WASHINGTON] The International Monetary Fund (IMF) urged regulators to pay closer attention to a shadow banking system that has grown to more than US$70 trillion worldwide to help prevent risks from building outside the bounds of traditional financial oversight. “Shadow banking
      Bloomberg  -  278 words
    • Article
      Lock icon UK banks seen facing US$41b more in misconduct charges
      588 12 HSBC tops the list with likely payment of US$15.8b, with RBS and Barclays not far behind Bloomberg [LONDON] UK banks face an additional US$41 billion of fines and settlements for financial malfeasance including the alleged rigging of currency markets and mis-selling
      Bloomberg  -  588 words
    • Article, Illustration
      Lock icon S Korea to combat falling yen, lift stock market
      442 12 Reu ters [SEOUL] South Korea pledged on Thursday to help exporters handle fallout from the falling yen and to boost the local stock market as the country struggles to jumpstart depressed domestic demand. Finance Minister Choi Kyung-hwan told local journalists the
      Reuters; PHOTO: REUTERS  -  442 words
    • Article
      Lock icon India to build offshore wind power project
      222 12 Bloomb erg [NEW DELHI] India’s federal government signed an agreement with state-run agencies to build the nation’s first offshore wind power project off the coast of Gujarat, Prime Minister Narendra Modi’s home state. The 100-megawatt project will receive financial support from the government,
      Bloomberg  -  222 words
    • Article, Illustration
      Lock icon Indonesians’ love of gas-guzzlers may blunt Widodo fuel policy
      660 12 Bloomberg [JAKARTA] At the Indonesia International Motor Show last week, car marketer Pankaj Jain didn’t have much cause for worry that an impending fuel-price increase by incoming President Joko Widodo would harm sales. People “buy bigger” in Indonesia, Mr Jain said,
      Bloomberg; PHOTO: AFP  -  660 words
    • Article, Illustration
      Lock icon Many US workers still stuck in part-time jobs
      702 13 Their transition to full-time work has also slowed Bloomberg [WASHINGTON] The labour market recovery that Federal Reserve chair Janet Yellen seeks is proving incomplete as many US workers languish in part-time jobs. The proportion of people working less than 35 hours a
      Bloomberg; PHOTO: AFP  -  702 words
    • Article
      Lock icon Thai consumer confidence falls for first time since May
      653 13 Minister says 364b baht spending plans may lift growth to 2% this year Reuters [BANGKOK] Consumer confidence in Thailand dropped in September for the first time since May’s military coup, a university survey showed, adding to evidence that the authorities have
      Reuters  -  653 words
    • Article, Illustration
      Lock icon Little danger of a property-sector crash hurting China: ADB economist
      479 13  -  By ANTHONY ROWLEY in Tokyo A WIDELY forecast correction in China’s property markets would be unlikely to have a severe impact on the Chinese economy as a whole, recently appointed chief economist at the Asian Development Bank (ADB) Wei Shang-Jin
      PHOTO: REUTERS  -  479 words
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      2189 11 The Business Times NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.sphclass.com.sg/notices KTL GLOBAL LIMITED KTL GLOBAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4519M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of KTL Global Limited (the "Company") will be held
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      2573 12 •p CHOSEN HOLDINGS LIMITED Company Registration Number: *****4325C (Incorporated in the Republic of Singapore) NOTICE OF THE SIXTEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Sixteenth Annual General Meeting of CHOSEN HOLDINGS LIMITED (the “Company”) will be held on Tuesday, 28 October 2014, at 17 Woodlands Terrace, Woodlands
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      2405 13 THE BUSINESS TIMES Ik I 1 Toll free 1800-289-8822 IB I I B Email noticesifflsph.com.sg I M I B j B www.sphclass.com.sg/notices KREUZ SUBSEA MARINE PTE. LTD. (COMPANY REGISTRATION NO. *****3669W) NEWSPAPER NOTICE Notice is hereby given pursuant to Sections 76(10)(h) and 76(12) of the Companies Act, Chapter 50 of
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  • CHILDREN FOR CHILDREN 2014
    • Article, Illustration
      Lock icon A day of fun and thrills for kids
      1030 14  -  Children for Children takes more than 1,000 pupils from about 50 schools to Universal Studios. ByRACHEL RACHEL LOI CHILDREN’S Day came a little early this year, and was an especially memorable one for 11-year-old Lee Jing Wen. She visited Universal Studios Singapore
      PHOTOS: JOSEPH NAIR  -  1,030 words
    • Article
      Lock icon Caring and sharing
      873 14 Esther An Chief Sustainability Officer City Developments Limited (CDL) ‘Every child is precious and every smile priceless. On this Children’s Day, CDL is once again delighted to sustain our support for the Children for Children initiative to bring joy to less privileged children in our community. It
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    • Article
      Lock icon Thank you, sponsors
      346 14 A total of S$320,000 was raised from Children for Children 2014. All proceeds, less the cost of organising the outing to Universal Studios Singapore for more than 1,000 underprivileged children from about 50 schools, will be shared between The Business Times Budding Artists Fund and The Straits
      346 words
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      1516 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BLACK TANKERS PTE LTD (INCORPORATED IN SINGAPORE) COMPANY REGISTRATION NUMBER: *****4497C Notice of Resolution for Member’s Voluntary Winding Up (Pursuant to Section 290) At the Extraordinary General Meeting of Black Tankers Pte Ltd duly convened and
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      3443 15 <OKH OKH GLOBAL LTD. (formerly known as Sinobest Technology Holdings Ltd.) (Company Registration Number: *****) (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of OKH Global Ltd. (the “Company”) will be held at Seletar 1 at Level 3, Holiday Inn Singapore
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      2288 16 THE BUSINESS TIMES Ik 1 f 1 ✓"'I Toll free 1800-289-8822 I fl I Email notices@sph.com.sg 1 j www.sphclass.com.sg/notices LION ASIAPAC LIMITED (Co. Reg. No. *****0586R) (Incorporated in the Republic of Singapore) NOTICE OF 44 th ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 44thAnnual General Meeting of Lion
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      1050 16 An Integrated Energy Services Hub KS ENERGY LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****0104G) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the “EGM") of the shareholders of KS Energy Limited (the "Company") will be held at 19 Jurong Port
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      1021 16 Form 69(3) NOTICE OF INTENDED DIVIDEND TO PREFERENTIAL CREDITORS UNDER SECTION 328(1 )(b),(c),(d),(e) (f) OF THE COMPANIES ACT, CAP.50 Name of company DF INTERACTIVE PTE. LTD. (In Creditors’ Voluntary Liquidation) UEN *****4243E Address of registered office 1 Coleman Street #05-04 The Adelphi, Singapore *****3 Last day for receiving proofs: 17
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      343 16 In the Matter of The Companies Act Cap. 50 and In the Matter of CONNY TECH-SYSTEMS PTE LTD Company Registration No. *****8159C (In Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 Kaki Bukit Road 1, #04-14 Enterprise One, Singapore *****4
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  • KOREAN NATIONAL DAY
    • Article, Illustration
      Lock icon Working on more ways to boost ties
      1603 17  -  Korean envoy highlights security, economy and culture as key areas of cooperation between his country and Singapore, reportsVINCENT VINCENT WEE KOREA’S ambassador to Singapore, Suh Chung-ha, has been working hard over the year to develop ties between the two countries. He sees significant
      PHOTO: ARTHUR LEE  -  1,603 words
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      Lock icon Incheon’s rise to prominence
      1143 18  -  The host city of the 2014 Asian Games hopes the event will help it become a financial hub with new infrastructure, hotels and convention facilities Reports by VINCENT WEE KOREA has been boosting its infrastructure ahead of the ongoing Asian games in Incheon and has emerged
      1,143 words
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      Lock icon Building up high-quality rooms
      912 18 KOREA has been actively building up its hotel and resorts infrastructure recently with French group Accor planning to open four new hotels in Seoul in 2017. The new hotel complex in Seoul’s Yongsan neighbourhood will house emblematic brands: Novotel, Suite Novotel, ibis Styles, and to top
      912 words
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      Lock icon More attractions for MICE visitors
      613 18 TO cater to the increasingly demanding needs of MICE (meetings, incentives, conferences, and exhibitions) clients, Korea has made efforts to come up with interesting new activities for them. Major cities that have ambitions to boost their MICE market such as Seoul and Incheon have been
      613 words
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      Lock icon Winter Olympics putting Gangwon-do on the map
      1227 19  -  The home province of Pyeongchang, host of the 2018 Games, wants to become an ideal MICE destination Reports by VINCENT WEE GANGWON-DO, apart from being the home province of Pyeongchang, the city that is to host the 2018 Winter Olympics, is full of
      1,227 words
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      Lock icon Betting on casino wave with Incheon, Jeju resorts
      1200 19 RIDING the regional trend, Korea is catching up with the wave of developing casino resorts, as plans to build resorts in Incheon and Jeju have been approved. The push comes as South Korea seeks to promote itself as a MICE (meetings, incentive
      PHOTO: BLOOMBERG  -  1,200 words
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      Lock icon Meeting the changing needs of clients
      1020 23  -  WEEspeaks to Korea Tourism Organization (Singapore) director Helen Shim about the development of the MICE market in Korea VINCENT WEEspeaks BT: There is an increasing trend of many MICE-related companies going to trade fairs all over the world, looking for new venues and destinations.
      1,020 words
  • Page 17 Advertisements
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      139 17 if hew thirkirg. HYunnni hew possibilities. Celebrating The Genesis Of A Great Ration fO*9^0 s w I IKJ«» Ym THE ALL-NEW HYUNDAI GENESIS 3.8 VS GDI RWD 8-SPEED AUTO Komoco motors Salutes The Republic of Korea On Rational Foundation Day EOhToday marks a monumental era for the Republic of Korea
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      1116 20 ADVERTISING FEATURE FLY TO KOREA ON THE WINGS OF YOUR IMAGINATION Haslla Museum Hotel s XT' TjV z 5 X n Corporates on the quest for MICE (Meetings, Incentives, Conventions, Exhibitions) destinations with an unexpected twist will find Korea a breath of fresh air. Driven by a can-do spirit and
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      1167 21 ADVERTISING FEATURE Tourism Complex. All 223 rooms and suites are designed with with private balconies overlooking panoramic views of the Pacific Ocean. The Cliff Garden, with a seating capacity of 800, is a charming venue for outdoor events. DAY 2 (25 MAY 2014) JEJU Seongsan llchubon Peak Located in the
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      1099 22 ADVERTISING FEATURE DAY 6 (29 MAY 2014) SEOUL Grand Hyatt Seoul Located in the heart of Seoul, Grand Hyatt Seoul has 601 guestrooms commanding breathtaking views of the Han River to the South and Mt. Namsan to the North. It lives up to its reputation as a leading hotel with
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      510 23 ADVERTISING FEATURE THE PERFECT DRIVE Automobile Association of Singapore All Year Round Self-drive Trips, Korea-wide &Jeju Island —V v/en ure rid W* n Auto new e into ture Ven PURE ENERGY Financial Markets Conference 2014 Jeju Island, Korea, 16-19 July 2014 th A £50 AA Singapore introduced South Korea last
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  • AVIATION/SHIPPING
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      Lock icon Airports, low-cost carriers received illegal aid: EU
      517 24 Regulator orders them to pay back or return millions of euros in subsidies Reuters [BRUSSELS] Two European airports and a number of budget airlines, including Ryanair and Lufthansa’s carrier Germanwings, have been ordered to pay back millions of euros in illegal subsidies, EU
      Reuters; PHOTO: AFP  -  517 words
    • Article
      Lock icon China Investment, Avic end talks to buy Avolon
      368 24 Reuters [LONDON] China Investment Corp (CIC) and Avic Capital Co Ltd have ended talks to acquire Avolon Holdings Ltd, making it likely that the aircraft leasing company will pursue an initial public offering (IPO), according to people familiar with the matter. CIC,
      Reuters  -  368 words
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      Lock icon TRANSPORT STOCKS
      234 24 SGX '000 Oct 02 S$ +/-Vol Ch Offshore '000 Chuan Hup Hldg 0.30 unch 378 s$ Cwt Limited 1.65 -0.02 266 Vol First Ship Lea 0.10 unch 837 Grand Banks -0.01 Jaya Hold Ltd Chuan Hup Hldg.... 0.30 Keppel Corp 10.44 0.01 2445 Mercator Lines 0.08 unch 291
      234 words
    • Article
      Lock icon FAA to release draft rules on drones soon
      445 24 It gets a dozen new applications to allow their commercial use Reuters [WASHINGTON] The US Federal Aviation Administration (FAA) has received nearly a dozen new applications to allow commercial use of unmanned aircraft over the past week, and it plans to publish
      Reuters  -  445 words
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      Lock icon Carriers, Kenya govt oppose Mombasa cargo tax
      553 24 Reu ters [MOMBASA] Proposals by a local authority to impose new taxes on cargo at Kenya’s main port has drawn opposition from the government and carriers, saying it will hike import prices and make the east African trade hub less competitive. The government,
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    • Article
      Lock icon US airlines in contact with govt about Ebola fears
      364 24 Reuters [LONDON] Several leading US airlines said they were in close contact with federal health officials about Ebola-related travel concerns after a traveller infected with the deadly virus was diagnosed on US soil. The patient, now hospitalised in Dallas, had flown
      Reuters  -  364 words
  • Page 24 Advertisements
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      174 24 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF LIMA BINTANG HOLDINGS PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co Reg No *****1815C) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of the Companies Act Cap. 50, that a final meeting
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      32 24 K.V. VELOO IS TABLA’S FOURTH COMMUNITY CHAMPION Movie star Shriya Saran to grace SIISFest at Suntec GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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      1685 25 KREUZ SUBSEA PTE. LTD. (COMPANY REGISTRATION NO. *****3466N) NEWSPAPER NOTICE Notice is hereby given pursuant to Sections 76(10)(h) and 76(12) of the Companies Act, Chapter 50 of Singapore, that at an Extraordinary General Meeting of Kreuz Subsea Pte. Ltd. (the “Company”) deemed to have been duly convened and held on
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      5492 25 S'JHMESHOLDINGSLTD ST. JAMES HOLDINGS LIMITED (the "Company") (Company Registration No. *****0338M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting of St. James Holdings Limited (the “Company") will be held at Shanghai Dolly, Clarke Quay, The Foundry, 3B
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  • EDITORIAL & OPINION
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      Lock icon Private sector must adopt HR changes too
      471 26 EDITORIAL THE Singapore Public Service’s move to formally increase its re-employment age to 67 yesterday was not unexpected, given that it is one of Singapore’s biggest employers. With about 139,000 public service officers, the government and its agencies employ about 4 per cent
      471 words
    • Article
      Lock icon Want to be innovative? Turn ideas on their heads
      753 26  -  THE BOTTOM LINE By DONALD FARMER The writer is vice-president for innovation and design at Qlik; he has 30 years’ experience in data management and analysis MANY businesses identify innovation as a strategic concern but struggle to take the first step
      753 words
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      Lock icon Innovation: A fad or a much-needed staple?
      1005 26  -  This is National Productivity Month, but flowers of innovation should bloom the whole year By MICHAEL TENG The writer is assistant secretary-general of the Singapore Manufacturing Federation (SMF) and author of several management books, including ‘BMI: How the Small can Beat the Big’.
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      Lock icon Getting the financial terminology right
      913 27  -  Directly opposite views set to be aired at coming IMF annual meetings By SIMON JOHNSON The writer is a professor at MIT’s Sloan School of Management and co-author of “White House Burning: The Founding Fathers, Our National Debt, And Why It Matters To You”. Project
      Project Syndicate; PHOTO: AFP  -  913 words
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      Lock icon The world’s 10 biggest energy gluttons
      838 27  -  By ANDREW TOPF NEXT time you get into your car and drive to the supermarket, think about how much energy you consume on an annual basis. It is widely assumed that Westerners are some of the world’s worst energy pigs. While Americans make up
      838 words
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      Lock icon China springs a carbon surprise
      1040 27  -  By FRANK-JÜRGEN RICHTER The writer is founder and chairman of Horasis, a global visions community AHEAD of a major Parisian meeting in about 12 months’ time, Vice-Pre-mier Zhang Gaoli startled a United Nations meeting by promising huge reductions in Chinese pollution. Over the next year
      PHOTO: REUTERS  -  1,040 words
    • Article
      Lock icon Oil prices, electricity tariffs don’t tally
      213 27  -  LETTER TO THE EDITOR Narayana Narayana THE prominent front-page headline “Oil trading mired in crude oversupply” (BT, Oct 2) is likely to be of even less than academic interest to the average consumer in Singapore, given that there does not appear to have been
      213 words
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  • PROPERTY
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      Lock icon Marina One’s developer to take cautious path in launching units
      686 28  -  M+S to launch less than half the units in Tower 1, and Tower 2 only after the TOP By LYNETTE KHOO lynkhoo@sph.com.sg @LynetteKhooBT M+S Pte Ltd, the developer behind the mega mixed-use project Marina One, is taking a calibrated tack
      686 words
    • Article
      Lock icon Marriott eyes ‘super growth’ in three African countries
      298 28 It mulls 40-50 hotels each in Nigeria, South Africa, Egypt Bloomberg [ADDIS ABABA] Marriott International Inc may build 40 to 50 hotels in Nigeria, South Africa and Egypt each by 2020 to benefit from a surge of travellers, said Alex Kyriakidis, the
      Bloomberg  -  298 words
    • Article
      Lock icon Free activity lessons for Lake Life residents
      348 28  -  Developers in various tie-ups to ‘upend’ condo conventions By LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT THE developers of the Lake Life executive condominium (EC) have confirmed collaborations with partners such as True Fitness and Tennis Allegiance Group International (TAG) to provide tennis, yoga, hot yoga,
      348 words
    • Article
      Lock icon Emaar Properties mulls listing hotels unit
      219 28 Reuters [DUBAI] Emaar Properties, Dubai’s largest listed developer, may take its hotels unit public after the successful listing of its malls and retail subsidiary, the company’s chairman told reporters on Thursday. Emaar sold a 15.4 per cent stake in Emaar Malls Group (EMG) in
      Reuters  -  219 words
  • Page 28 Advertisements
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      313 28 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The business times CLASSIFIED Buy IT SELL IT FIND IT D04 HOUSE FOR SALE OCEAN DRIVE Seaview! Sentosa Bunglw 2-sty+ basement, 5 bdrm, land 9580/ *****sf. Ronald 9852 9055 D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa 3½-Storey 8159 sqft,6+1 ensuite, 2 living,
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      79 28 D03 APARTMENT FOR SALE THE CREST AT PRINCE CHARLES CRES Prestigious location. 1 bedroom from $980K. 2 bedroom from $1.28M. Call for preview D04 APARTMENT FOR SALE THE AZURE The Azure. Serious must sell! Must view! Windy breathtaking seaview. Expensive renovation and private lift. neg. Dont Miss! Call Now!! D05
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      654 29 Artist’s Impression 2014 M+S Pte. Ltd. Call now to book your appointment: MARINA ONE RESIDENCES Integrated development with Luxury Residences, unique Retail offerings and prime Grade-A offices Located in the heart of Marina Bay, Singapore’s new financial district Next to Marina Bay MRT Station, with connection to 4 MRT lines
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      127 29 D09 SHOP FOR RENT WILKIE ROAD CBD Wilkie/ Niven Road corner. Ground floor shop/ office. Area 6000 sf. Can be sub-divided. Rental from $7 psf. Call Owner 6251 3460 D11 21 OFFICE FOR RENT GOLDHILL CENTRE Next to Novena MRT 800 sf, own toilet, aircon, carpet. Avail immed. Owner *****208
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  • Article
    Lock icon Shipping Times
    1819 30 Vessel Voy Sin Pusan Tarawa Honiara Santo Port Vila Noumea Lautoka Suva Nukualofa Apia Pago Pago Papeete Lae P. Moresby Townsville KMTC Mumbai 1402E 23 Sep 07 Oct 24 Oct 27 Oct 30 Oct 01 Nov 04 Nov 05 Nov 07 Nov 10 Nov 10 Nov 14 Nov
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      256 30 C a il a n E n n o r e J e d d a h B r Shanghai■ Chittagong i s b a n e H o n g Ho Chi Minh J e b e lA K o n g NYK RORO (ASIA) PTE. LTD. REGULAR SERVICE
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      133 31 Shipping lines seeking reliable Can they find your services here in the Shipping Times? The Business Times TO ADVERTISE, CALL JOE WONG AT *****327 Publicise Your Delivery Of Newbu i Ids" in w/ Come publicise your Ship Christenings Delivery of Newbuilds, Project Completion, Vessel Conversion Refurbishment, Award Wins Certifications, Corporate
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      4058 32 Transaction date: Oct 2 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale 97.5 72 ABR 13.2 10.4 8Telecom (’000) High Low Buyer Seller Div Gr Yld C'vr Net 153.1
      4,058 words
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      Lock icon SGX CATALIST
      353 33 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol 1.5 0.5 t Advanced Systems 0.6 unch 5470 0.7 0.6 0.6 0.7 11.7 Last Quote 43.5 28 t Alliance Mineral 35 +1
      353 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      10621 33 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** APS Aloha unoCI A!* Aberdeen Asset Mgt Asia Limited 1.56/ Aberdeen Asset Mat Asia Limited China Opportunities USD!** Global Emerging Markets USD 2 8949/ furopean Opportunities! 1 2856/ Global Emerging Markets 1 Global Opportunities/ 1
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      Lock icon GLOBALQUOTE
      238 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company Last 343 276 h TCIL HK$ HK296 -2 3 296 296 289 296 9.7 3.5 2.9 5961.1 DISCLAIMER: All information is published “as is” without warranty
      238 words
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      Lock icon SGX ETF
      1063 33 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 118 108.3 ABF SG Bond ETF Last 139.4 119 CIMB APAC Div S$D 126.5 +0.3 1 126.5 126.5 124 126.5 110.5 94 CIMB APAC Div US$
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      668 34 Oct 2 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.20 *****.51 *****.40 Dec14 *****.00 *****.00 *****.00 *****.00 ***** *****5 Mar15 *****.00 *****.00 *****.00 *****.00 1 208 MSCI TAIWAN INDEX FUTURES SPOT 325.09 327.00 322.89 Oct14 325.20 326.20 321.50 325.10 ***** *****9 Nov14 324.50
      668 words
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      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 34 In local curr In S$ In US$ dy yr dy yr dy yr Oct 1 Index Change Change Change Change Change Change World Preliminary 1231.7 -0.7 4.0 -0.8 2.5 -0.7 1.5 EAFE Preliminary 965.9 -0.7 1.0 -0.9 -3.5 -0.8 -4.4 Europe Preliminary 1372.8 -0.9 1.3
      373 words
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      Lock icon INTERBANK CROSS RATES
      471 34 Oct 2 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.976 5.392 0.696 6.820 54.140 106.783 0.956 9.323 2.860 1.116 90.010 39.379 1.118 9.824 0.840 26.753 28.487 0.542 0.878 Canada 1.025 5.525
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    • Article
      Lock icon SIBOR
      39 34 Oct 2 (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 3 mths 6 mths 6 mths Source: Thomson Reuters
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      Lock icon GOVERNMENT SECURITIES
      86 34 Oct 2 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****S 02-May-15 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 106.05 106.07 106.07 5-Year N*****0H 1.625 01-Oct-19 100.1 100.15 100.07 GOVERNMENT BONDS 10-Year NY*****H
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      Lock icon PRECIOUS METALS
      122 34 Oct 02 GOLD(US$/oz) Sep 30 Sep 29 Hong Kong 1217.00 1224.00 Oct 01 Sep 30 London 1213.59 1212.54 1214.21 1213.12 Source: Thomson Reuters CAST BAR Oct 02 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 77 47 5gm 301 246 10gm 559 494
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      Lock icon PALM OIL
      57 34 Oct 2 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 14 2213.0 2210.0 2224.0 2095.0 45 996 Nov 14 2221.0 2206.0 2226.0 2153.0 3781 ***** Dec 14 2209.0 2195.0 2211.0 2137.0 ***** ***** Jan 15 2223.0 2210.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 34 Oct 2 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1170 1.1183 0.8782 0.8786 Canadian dollar 1.1445 1.1459 0.9003 0.8998 Euro 1.6053 1.6069 1.2621 1.2625 NZ dollar 1.0010 1.0021 0.7870 0.7873 Sterling pound 2.0598 2.0617 1.6195
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    • Article
      Lock icon CHICAGO BOT
      109 34 Oct 1 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 14 916.75 913.25 919.75 904.00 Jan 15 925.00 921.25 928.00 912.25 Mar 15 933.75 929.75 936.75 920.75 May 15 942.00 938.00 944.50 928.75 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 14
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    • Article
      Lock icon LIFFE
      95 34 Oct 1 COCOA (£/tonne) Close Prev High Low Dec 14 2028 2110 2106 2012 Mar 15 1998 2072 2071 1988 May 15 1983 2053 2037 1974 Jul 15 1973 2041 2025 1964 COFFEE(US$/tonne) Close Prev High Low Sep 14 NA 1968 NA NA Nov 14 2054 1992 2057 1983
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      835 34 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4.7 0.3 1 -56 3.80 45 Asia-Pacific Strategic W*****6 Ratio Exer Price Ascendas REIT MB eCW*****3 2.4 0.2 230 1 Asiatic Grp(Hldgs) Ltd W*****5 Asiatravel.com HoldingsW*****5 2.2 1
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 34 CRUDE OIL PRODUCTS Oct 01 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 95.43 -0.04 WTI (Near Mth) 90.83 -0.48 Dubai (1-Mth F) 93.92 -2.18 Tapis blend 97.00 -2.60 Minas 92.50 -2.60 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 89.56 -2.44 Jet Kerosene 108.43 -2.54 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 34 Oct 2 S$ Bid Offer 1-month 1.2719 1.2728 2-months 1.2719 1.2728 3-months 1.2719 1.2729 6-months 1.2718 1.2728 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      66 34 Oct-01 Oct-01 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1888.50 1928.75 3 months 1921.00 1960.00 Copper, Grade A(US$/tonne) Cash 6729.75 6720.00 3 months 6680.00 6667.00 Lead(US$/tonne) Cash 2083.00 2090.50 3 months 2093.00 2100.00 Nickel (US$/tonne) Cash *****.50 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 34 As at 9am Oct 02 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.139 1.085 Can dollar 1.162 1.118 Euro 1.644 1.566 Sterling pound 2.098 2.018 NZ dollar 1.015 0.976 US dollar 1.298 1.237 Local dollars to 100 units of foreign
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      Lock icon INTERBANK RATES
      161 34 Oct 2 $S Offer Bid 0vernight 0.10 0.05 1-month 0.4375 0.3125 2-months 0.4375 0.3125 3-months 0.4375 0.3125 Overnight mode: 0.05 US$ 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
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  • executive lifestyle
    • Article, Illustration
      Lock icon Women in tech
      698 35  -  Female tech entrepreneurs seem to be a rare breed in what is often seen as a male-dominated preserve, but local girls are muscling in by writing tech for fellow women, reports RACHEL LOI RACHEL LOI IN the male-dominated tech-en-trepreneur industry, one image reigns supreme that of the
      PHOTO: WANDER  -  698 words
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      Lock icon Connecting singles with a penchant for travel
      477 35 Wander heywander.com IF you’re driven by wanderlust but can’t find someone who shares your dream and more important, your travel dates and budget Wander is an app that matchmakes you with your ideal travel companion. And who knows, someone who could become a
      PHOTOS: WANDER  -  477 words
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      Lock icon Digital solution to looking good
      411 35 Fashory www.thefashory.com WOMEN app developers. Women’s fashion problems. Put them together and you have a digital solution for an affliction that strikes women of any age the sight of an overflowing closet but nothing suitable to wear. So it took three tech-savvy fashionistas to design
      PHOTOS: FASHORY  -  411 words
    • Article, Illustration
      Lock icon Having a big byte of love
      403 35 LoveBytelovebyte.us EVER wanted to reply to your partner’s message, but dreaded opening your Whatsapp for fear of offending another party with your “last seen” time stamp? LoveByte founders Amelia Chen and Steve Sng have a solution a couple app with a private messaging system
      PHOTOS: LOVEBYTE  -  403 words
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  • PURSUITS/CINEMA
    • Article, Illustration
      Lock icon Stars come out at premier HK fair
      974 36  -  The second edition of Watches and Wonders is an all-star affair, reports DYLAN TAN from Hong Kong DYLAN TAN dylantan@sph.com.sg @DylanTanSYBT THE Hong Kong film industry isn’t called the Hollywood of the East for nothing; when the second edition of Watches and Wonders
      PHOTOS: IWC SCHAFFHAUSEN; BAUME & MERCIER; PIAGET  -  974 words
    • Article, Illustration
      Lock icon Deliver us from drivel
      469 36  -  By GEOFFREY EU IT takes a leap of faith to reboot a film that bombed at the box office but Left Behind based on a Christian novel and movie series of the same name about a biblical prophecy and its aftermath will require divine intervention for
      469 words
    • Article, Illustration
      Lock icon Origins rewrite fails to draw blood
      542 36 BEFORE Transylvania became a dark and foreboding place, before its most famous permanent resident developed a thirst for human blood, it was ruled –firmly but fairly by Vlad the Impaler, a stand-up guy (despite his title) who would stop at nothing to protect his
      542 words
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  • MUSIC/TV/ARTS
    • Article, Illustration
      Lock icon Batman-less series still packs a punch
      507 37  -  By DYLAN TAN dylantan@sph.com.sg @DylanTanSYBT THERE’S no such thing as a slow day in Gotham City Police Department and that should come as good news for viewers of a new, deliciously dark, 16-episode TV series named after Batman’s hometown. Brimming with suspense and moving
      507 words
    • Article, Illustration
      Lock icon Touching a chord with her words
      572 37  -  Sara Bareilles talks to RACHEL LOI about finding solace and closure in songwriting RACHEL LOI rachloi@sph.com.sg @RachelLoiBT SOME may still think of Sara Bareilles as a one-hit wonder the American singer-songwriter who became famous overnight after the release of her 2007 single Love Song.
      PHOTO: SONY MUSIC  -  572 words
    • Article, Illustration
      Lock icon Capturing the soft spirit of rocks and stones
      599 37  -  By CHEAH UI-HOON uihoon@sph.com.sg BEST-known for his delicate ink-on-rice-paper “rocks and stones” series, Chinese artist Tay Bak Chiang has added a new dimension to his works by switching to canvas. “It’s a new development for me,” relates the 41-year-old artist who started
      PHOTOS: IPRECIATION  -  599 words
    • Article, Illustration
      Lock icon Silver Arts gets a new stage in the CBD
      479 37  -  By GEORGINE VERANO SENIOR citizens are going uptown, for their art’s sake. After being located in the heartlands to be closer to its target audience, Silver Arts the annual arts platform for senior citizens is headed to the Central Business District
      PHOTO: NAC  -  479 words
    • Article, Illustration
      Lock icon Sassy Sara works the crowd
      251 37  -  By RACHEL LOI IF there’s one thing Sara Bareilles is known for among fans, it’s that her concerts are often interspersed with sassy comments and off-the-cuff banter with the audience. (Verbal diarrhoea, she calls it.) At the Esplanade Concert Hall on Wednesday night the last
      PHOTO: JOANNA KWA  -  251 words
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  • ARTS
    • Article, Illustration
      Lock icon Tripping the light fantastic
      935 38  -  A triple-bill at SAM at 8Q looks at the broad, breathtaking practice of contemporary photography, writes HELMI YUSOF HELMI YUSOF WITH an estimated 60 million photos being uploaded on Instagram every day, the lines between professional and amateur photography may sometimes feel like they’re blurring. But
      PHOTOS: COURTESY OF ARTISTS, DEUSTCHE BANK AND SAM  -  935 words
    • Article, Illustration
      Lock icon So much ambition, so little time
      429 38  -  By HELMI YUSOF helmi@sph.com.sg @HelmiBT SHARDA Harrison is a gem of a performer. She moves seamlessly between dance and drama, exuding warmth and grace, and she is to my mind one of the best young actresses on stage. But her ability to switch between
      PHOTO: CALEB MING/SURROUND  -  429 words
    • Article, Illustration
      Lock icon Two classic plays return to the stage
      621 38  -  By HELMI YUSOF helmi@sph.com.sg @HelmiBT IF you missed these two plays the first time they were staged, stop what you’re doing and go online to get tickets: Turn By Turn We Turn and Roots are two highly acclaimed Singapore works that won the
      FILE PHOTOS  -  621 words
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  • PURSUITS
    • Article, Illustration
      Lock icon The seductive grape, Merlot
      1205 39  -  The second most common varietal after Cabernet Sauvignon is a vinous sizzler, writes NK YONG NK YONG SOMEONE called it the “Sexy” grape. (Can’t remember who it was, but the name stuck) Merlot is the grape, but why the nickname? Because it is soft and lush.
      1,205 words
    • Article, Illustration
      Lock icon Driving forces of Japanese design
      528 39  -  By TAY SUAN CHIANG By taysc@sph.com.sg @TaySuanChiangBT JUST what is it about Japanese design that makes it so attractive? An exhibition at the National Design Centre attempts to unveil its secrets. Titled Hidden Unveiling Japanese Design, the exhibition will feature more than 120 products, from
      PHOTOS: JETRO  -  528 words
    • Around Town
      • Article
        Lock icon Outings
        395 39  -  Compiled by LISA FRATINI lfratini@sph.com.sg Liquid Architecture: Conventional notions of music and sound are revisited in the creative and innovative Liquid Architecture exhibition. Local artist Bani Haykal creates a Sound Art installation with interactive elements in tie joint production between the LaSalle College for the Arts and the Institute
        395 words
      • Article, Illustration
        Lock icon Pick of the Week
        260 39 GET in the mood for Halloween with Universal Studios Singapore’s Halloween Horror Nights 4. Since its launch in 2011 the event has attracted thrill-seekers and horror enthusiasts for a night of sinister fun. This year, for the first time, the event will feature a 3D horror
        260 words
  • Page 39 Miscellaneous
    • Miscellaneous
      Lock icon Page 39 Miscellaneous Column 1
      354 39 CRYPTIC CROSSWORD Across 1 Spread support to get a number attending sports event(9) 9 This person’s role is to communicate (6) 10 Chemical in Thames I dissipated (9) 11 Colour of Queen is seen in reflection (6) 12 Steven has one such partner it’s Eve! (4,5) 13 Islander knocked out
      354 words
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  • Page 40 Advertisements
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