The Business Times, 24 October 2014

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Microfilm: NL33269
Total Pages: 30
1 30 The Business Times
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  • Title Section
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    28 1 THE BUSINESS TIMES S$1.00 S|jh A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg O n@BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 ICA (P) Wednesday, October 8, 2014 Friday, 24
    28 words
  • Article
    Lock icon MARKETS
    26 1 Thursday Change STI 3,236.50 +33.76 KL COMP 1,810.68 +14.46 NIKKEI 225 15,138.96 -56.81 HANG SENG 23,333.18 -70.79 SHENZHEN B 955.58 -9.40 DOW(noon EDT) 16,704.94 +243.62
    26 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    239 1 A ramp-up in supply of industrial space and anti-speculation measures have dented prices and rents in the third quarter, with the softness most pronounced in the factory space segment. TOP STORIES 2 More family-led companies in Singapore intend to sell the business or head for an initial public
    239 words
  • Article
    Lock icon Insurers brace for impact of new risk-based capital rules
    583 1  -  Their capital adequacy ratios are estimated to fall by 50-60% under the proposed RBC 2 By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore INSURERS here are bracing themselves for choppy waters ahead as proposed enhancements to the existing risk-based capital framework (RBC 1)
    583 words
  • Article, Illustration
    Lock icon Pioneer Generation package helps ease inflation to 7-month low
    722 1  -  One-off effect due to enhanced medical subsidies; other cost pressures still a concern BY Kelly Tay ke||ytay@sph.com.sg @Ke||yTayBT Singapore HEALTHCARE costs in September rose at the slowest pace in close to three years, due to enhanced medical subsidies including the Pioneer
    Source: Department of Statistics  -  722 words
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      114 1 *****4 ONLINE ONLY HOCK LOCK SIEW Instilling market confidence is not just SGX’s job COMPANIES MARKETS 8 EXITS AT CAPITALAND CEO Lim Ming Yan unfazed given the group’s ‘deep management bench strength’ Read Boardroom Matters, a series of articles from the Singapore Institute of Directors, on BTInvest every Friday btd.sg/BMatters
      114 words
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      12 1 FUN WORKOUT EXERCISE NEEDN’T ALWAYS BE A CHORE BT LIFESTYLE PAGE 30
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  • TOP STORIES
    • Article
      Lock icon Industrial property prices, rents down in Q3
      738 2  -  Bigger supply of space and state measures against speculation taking their toll, especially in factory segment By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore A RAMP-UP in supply of industrial space and anti-speculation measures have dented prices and rents in the third quarter, with the
      738 words
    • Article
      Lock icon China’s Oct PMI up but no signs of Q4 turnaround
      621 2 Export and domestic factory orders rise but at slower pace; producer prices fall REUTERS Beijing CHINA’S vast factory sector grew a shade faster in October as firms drew more foreign and domestic orders, a private survey showed on Thursday, though
      REUTERS  -  621 words
    • Article, Illustration
      Lock icon Canada ‘will not be intimidated’ by parliament attack: PM
      572 2 AFP Ottawa CANADA’S prime minister vowed the country would “not be intimidated” after a reported Muslim convert stormed parliament and killed a soldier, the nation’s second “terrorist” attack in days. The gunman, whose name was on a terror watch list, attempted
      AFP; PHOTO: REUTERS  -  572 words
    • Article
      Lock icon Mega Malaysian bank merger clears Abu Dhabi hurdle
      604 2  -  By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore A MAJOR stumbling block to Malaysia’s ambitious multi-billion dollar bank merger between CIMB Group, RHB Capital and Malaysia Building Society Bhd may have been cleared, owing to high-level talks between the leaders of Malaysia and Abu
      604 words
    • Article
      Lock icon Lloyds to cut 9,000 jobs: source
      199 2 BLOOMBERG London LLOYDS Banking Group Plc, Britain’s largest mortgage provider, is due to announce about 9,000 job cuts next week as its customers shift to online services from physical branches, a person with knowledge of the matter said on Thursday. The bank will detail
      BLOOMBERG  -  199 words
    • Article, Illustration
      Lock icon When the ties that bind stop short of business
      741 4  -  More family-led companies in Singapore prefer to sell out or go for an IPO, compared to their global peers: survey By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore KEEPING it in the family? Not when it comes to businesses in Singapore. More family-led
      Source: PwC  -  741 words
    • Article, Illustration
      Lock icon New rules may prompt move to capital-light products
      613 4  -  INSURING CHANGE By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore THE race is on for insurers to shift from traditional participating products (par products) to capital-light ones as regulators move to finalise the risk-based capital (RBC) 2 framework. This is because RBC 2 significantly
      Source: Monetary Authority of Singapore, compiled by Life Planning Associates  -  613 words
    • Article
      Lock icon Major life insurers’ capital cushion more than comfortable
      558 4  -  From 2009 to 2013, eight of them have kept their cars above 180%, way above the required 120% By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore SINGAPORE’S nine major life insurers seem to have sufficient capital cushion for now, with all of them hitting
      558 words
    • Article
      Lock icon Car COE premiums flat ahead of bigger quota
      443 5  -  Premium for commercial vehicles, however, rises by S$3,611 to S$61,000 By Samuel Ee samuelee@sph.com.sg Singapore PREMIUMS for passenger car COEs (certificates of entitlement) hardly budged in Thursday’s final bidding exercise, ahead of next month’s new and bigger quota. Category A for cars
      443 words
    • Article, Illustration
      Lock icon Sharapova on the brink after another setback
      399 5  -  WTA SINGAPORE By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE upsets continued on the fourth day of the BNP Paribas WTA Finals on Thursday as World No 2 Maria Sharapova slumped to a second consecutive defeat this time to Petra Kvitova, who won 6-3,
      PHOTO: REUTERS; PHOTO: AFP  -  399 words
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      39 words
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      119 2 THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DIMA GROUP ASIA PTE. LTD. COMPANY REGISTRATION NO. *****7667W (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap 50 that the Final Meeting of Members of the abovenamed
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      Lock icon Page 2 Advertisements Column 3
      41 2 DBBSB New Arrival! Hibiki 21 Years Mount FUJI Limited Edition SINGAPORE www.0aks.cx5m.sg usual sit.oso.oo Now: S$945.00 ■mu)':'. Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 9988
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  • Page 4 Advertisements
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      109 4 B is A 1 V -jr-'W-, ft k ■1.*' •%/J* Hairy Crab Feast From 21 October 2014 Celebrate the long awaited Hairy Crab season at Szechuan Court and look forward to tantalising creations featuring the perennial delicacy, such as the Baked Hairy Crab with Aged Chinese Wine and Steamed Hairy
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      Lock icon Page 5 Advertisements Column 1
      97 5 GP GIRARD -PERREGACIX MECHANICS OF TIME SINCE 1791 > 610 0 1b m m IRARD PERREGACIX O' BO o <o wmm m a R o ay. 30 •S' i '3 I m i sm LIE VI if GIRARD-PERREGAUX 033Q0-0095 CALIBER, iELF-WINDING MECHANICAL MOVEMENT HOUR, MINUTE, SMAiL SECOND, LARGE DATE, MOON
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon CMA deputy CEO joins C-suite exodus
      804 6  -  Simon Ho is latest high-level CapitaLand departure but CEO Lim Ming Yan is unfazed given the group’s ‘deep management bench strength’ CAPITALAND EXITS By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore SIMON Ho, deputy CEO of CapitaMalls Asia (CMA), is the latest to join a string
      804 words
    • Article
      Lock icon CMMT’s leadership change no cause for concern
      422 6  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur AN impending leadership change at CapitaMalls Malaysia Trust (CMMT) is not expected to cause any disruptions, as the appointed successor is an “insider” familiar with its operations. “Despite investors’ concerns on the change of guard, we believe
      422 words
    • Article
      Lock icon Emas looks ahead after restructuring
      267 6  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore EMAS Offshore posted a 38 per cent net profit decline for its fiscal fourth quarter amid restructuring and listing, but the offshore contractor said it is now poised to enter its next stage of growth. “Having built a firm
      267 words
    • Article
      Lock icon A-Reit posts 1.7% rise in Q2 DPU
      591 7  -  Reit puts up a good fight in tougher market environment; distributable amount rises 1.6% to S$87.8m REITS RESULTS By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore ASCENDAS Reit (A-Reit) has posted an encouraging set of second-quarter results, despite what it calls a “tougher market environment”,
      591 words
    • Article
      Lock icon Cambridge Industrial Trust’s Q3 DPU dips
      422 7  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore THE distribution per unit (DPU) for Cambridge Industrial Trust (CIT) in the third quarter ended Sept 30 dipped 0.1 percentfrom 1.251 Singapore cents to 1.25 Singapore cents, even as its distributable income rose 2.5 per cent to S$15.8
      422 words
    • Article, Illustration
      Lock icon Cache Logistics Trust produces steady set of results for Q3
      505 7  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore MAINBOARD-LISTED Cache Logistics Trust posted a distribution per unit (DPU) of 2.140 Singapore cents for the third-quarter of 2014, up 0.7 per cent from a year ago. The distribution will be paid by Nov
      505 words
    • Article
      Lock icon Instilling market confidence is not just SGX’s job
      723 8  -  HOCK LOCK SIEW BY R SIVANITHY FOR much of this year, it has been fashionable to heap blame on Singapore Exchange (SGX) for the local stock market’s twin woes of poor liquidity and low volatility. Granted, markets all over the world have
      723 words
    • Article, Illustration
      Lock icon Sino Grandness shares still under siege
      316 8  -  HOT STOCK By Michelle Quah michquah@sph.com.sg @MichelleQuahBT Singapore MAINBOARD-LISTED Sino Grandness Food Industry Group, despite recently announcing an investment by two Thai conglomerates, has not been able to arrest the slide in its share price. The counter has tumbled over 30 per cent since
      Source: Bloomberg  -  316 words
    • Article
      Lock icon FCT’s fourth-quarter DPU falls 6.5%
      356 8  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore FRASERS Centrepoint Trust (FCT) posted a 17.5 per cent increase in income available for distribution for its fiscal fourth quarter as it reaped contributions from the newly acquired Changi City Point mall. The retail real estate investment trust (Reit)
      356 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 10 STI Catalist Straits Times index Oct 23,2014 3,236.50 +33.76 (+1.05%) Current streak 2 days Day high 3,238.00 Day low 3,221.61 52-week high 3,374.06 (July 31, 2014) 52-week low 2,960.09 (Feb 5, 2014) FTSE ST Catalist index Oct 23,2014 788.47 +2.44 (+0.31%) Current streak 2 days Day high 796.21 Day low
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    • Article, Illustration
      Lock icon Banks, Jardine units propel STI up 1.05%
      651 10  -  SingTel also surges after falling close to a broker’s ‘comfort level’ STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT A PUSH on the banks ahead of their results next week, and on SingTel and the Jardine group, meant the Straits Times Index (STI) on Thursday
      Source: Bloomberg  -  651 words
    • Article
      Lock icon STI STOCKS
      308 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 230 +5 230/224 250 206 6.2 5811.4 CapitaLand 301 +3 302/297 348 268 15.1 2.7 *****.6 CapitaMall Trust 198.5 cd +1.5 199.5/197.5 209 180 5.2 6883.1 CityDev 957 +14 963/938 1118 860
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    • Article
      Lock icon MOST ACTIVE
      36 10 VOLUME IHC 125,598,000 APAC Strategic 68,000,000 Mirach Energy 30,537,000 InnoPac 29,760,000 Genting Sing 29,515,000 Market volume 1,533,648,000 VALUE SingTel 87,032,195 Keppel Corp 61,977,240 OCBC Bank 45,446,130 DBS Grp 41,624,357 CapitaLand 38,380,305 Market value 1,117,414,000
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    • Article
      Lock icon SGX ETFS
      112 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap Nikko AM STI ETF 333 +5 167 333/330 345/300 331/333 8 IS MS India US$ US744 +9 145 744/731 779/541 741/744 93 IS ASIA HYG US$ US1082 +11 70 1084/1072 1119/1040 1077/1082 STI ETF 327 +4
      112 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Oct 23 VALUE CLOSE BT OB/OS -733.00 +262.00 BT CADI -*****.00 +131.00 BT 10-day MA -*****.00 -74.00 FTSE ST Mid Cap 746.55 +8.73 FTSE ST Small Cap 512.45 +4.80 FTSE ST All Share 782.81 +8.27 FTSE ST China Top 186.96 +1.82 FTSE ST China 222.77 +2.11 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 10 STI FTSE ST All-Share FTSE ST All-Share index Oct 23,2014 782.81 +8.27 (+1.07%) Current streak 2 days Day high 782.81 Day low 778.74 52-week high 819.39 (July 31, 2014) 52-week low 722.35 (Feb 5, 2014)
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    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE Index Oct 22,2014 1,775.06 +11.98 (+0.68%) Current streak 2 days Day high 1,775.46 Day low 1,759.82 52-week high 1,995.49 (July 3, 2014) 52-week low 1,714.64 (Oct 16, 2014)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 2 5 0 0 0 8 2 5 Manufacturing 54 32 35 8 3 10 62 35 45 Commerce 20 18 15 6 3 6 26 21 21 Tpt/Stor/Comms 24 5 11
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 25,325 25,325 94,092 94,092 Manufacturing 189,370 52,611 241,981 108,335 4,419 112,753 Commerce 53,161 52,323 105,484 77,794 2,715 80,509 Tpt/Stor/Comms 133,725 819 134,544 203,334 146 203,481 Finance 44,972 72 45,044 144,493 19 144,512 Construction 25,317 54,571
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    • Article
      Lock icon GAINERS
      75 10 BY CENTS CLOSE UP 52w high/low SPDR DJIA US$ ***** 325.8 1.6 *****/***** SPDR S&P500 US$ ***** 318.1 1.3 *****/***** DBXT Nifty US$ ***** 291.4 1.7 *****/9759 Lyxor Indonesia US$ 9103 132.3 1.2 9636/6957 JMH USD 5964 123.4 1.7 6460/4934 BY PERCENTAGE CLOSE UP 52w high/low LifeBrandz 0.6 50.0
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    • Article
      Lock icon LOSERS
      74 10 BY CENTS CLOSE DOWN 52w high/low DBXT iBoxxSvEu US$ ***** -380.5 -1.1 *****/***** DBXT EONIA US$ ***** -266.0 -1.2 *****/***** DBXT AUDBods AU$ ***** -164.4 -0.7 *****/***** GLD US$ ***** -133.6 -0.9 *****/***** DBXT iBoxxUSTr US$ ***** -106.9 -0.4 *****/***** BY PERCENTAGE CLOSE DOWN 52w high/low BiosensoMBeCW15 0.5 -90.0
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    • Article
      Lock icon UNUSUAL ACTIVITY
      84 10 VOL CLOSE($) CHANGE HL Global Ent 523.0 0.031 -0.007 -18.42 Net Pacific Fin 280.0 0.035 +0.002 +6.06 InnoPac 29,760.0 0.009 +0.001 +12.50 S i2i 3,500.0 0.004 -0.001 -20.00 Changjiang Fert 10.0 0.033 -0.010 -23.26 Logistics 270.0 0.245 -0.045 -15.52 Elektromotive 11,823.0 0.010 +0.001 +11.11 IEV 268.0 0.163 -0.017
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    • BROKERS’ TAKE
      • Article
        Lock icon Singapore Exchange
        97 10 Buy Oct 23 close: S$7.03 Target price: S$8.00 Jefferies Singapore, Oct 23 Singapore Exchange (SGX) reported Q1 FY14/15 profit of S$77.5 million, one per cent below consensus, flat quarter-on-quarter, and down 16 per cent year-on-year. Average daily value (ADV) fell to S$1 billion. Healthy derivatives volume growth was
        97 words
      • Article
        Lock icon Keppel Corp
        115 10 Hold Oct 23 close: S$9.70 Target price: S$10.74 Maybank-Kim Eng Research, Oct 23 Q3 2014 profit after tax and minority interests (Patmi) of S$414.2 million broadly met consensus and our expectations. O&M operating margins inched up 0.3 percentage points quarter-on-quarter to 15 per cent, on track for our
        115 words
      • Article
        Lock icon Frasers Commercial
        194 10  -  Compiled by Jamie Lee Trust Buy Oct 23 close: S$1.40 Target price: S$1.53 DBS Group Research, Oct 23 Frasers Commercial Trust (FCOT) posted Q4 2014 revenue of S$32 million, up 10 per cent year-on-year, and distributable income of S$15 million, up 9 per cent, driven by better-than-expected reversionary
        194 words
      • Article
        Lock icon CALENDAR
        13 10 DATA I 1.00 pm S’pore Consumer Price Index S’pore Industrial Production Index
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    • Article
      Lock icon Sterling falls after UK retail sales disappoint
      408 11 CURRENCIES London STERLING fell by around a third of a per cent on Thursday after British retail sales dropped more than expected in September, another sign that one of the developed world’s brighter economic recoveries is slowing. The impact was eased by subdued
      408 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 Oct 23 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.988 5.380 0.695 6.820 53.807 105.988 0.943 9.283 2.880 1.118 90.536 39.397 1.119 9.656 0.838 26.726 28.442 0.548 0.879 Canada 1.012 5.443
        471 words
      • Article, Illustration
        Lock icon HANG SENG
        2 11
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 11
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      • Article, Illustration
        Lock icon DOW JONES
        2 11
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 Oct 23 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1187 1.1200 0.8791 0.8793 Canadian dollar 1.1317 1.1334 0.8898 0.8894 Euro 1.6101 1.6119 1.2653 1.2655 NZ dollar 1.0003 1.0016 0.7861 0.7864 Sterling pound 2.0425 2.0448 1.6051 1.6054
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 Oct 23 S$ Bid Offer 1-month 1.2725 1.2737 2-months 1.2725 1.2737 3-months 1.2726 1.2737 6-months 1.2724 1.2737 Source: OCBC
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      • Article, Illustration
        Lock icon NIKKEI
        1 11
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 11 Oct 23 $S Offer Bid 0vernight 0.05 0.03 1-month 0.4375 0.3125 2-months 0.4375 0.3125 3-months 0.4375 0.3125 Overnight mode: 0.05 US$ 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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      • Article
        Lock icon SIBOR
        36 11 Oct 23 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 0.***** 3 mths 0.***** 6 mths 0.***** Source: Thomson Reuters
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      • Article
        Lock icon GOVERNMENT SECURITIES
        63 11 Oct 23 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 106.17 106.22 106.22 5-Year N*****0H 1.625 01-Oct-19 101.07 10-Year NY*****H 3.000 01-Sep-24 106.56 106.85 106.70 15-Year NY*****E 2.875 01-Jul-29 102.75 20-Year NZ*****V 3.375 01-Sep-33 108.63 30-Year NA*****N 2.750 01-Apr-42
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        368 11 Oct 23 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.78 *****.51 *****.64 Dec14 *****.00 *****.00 *****.00 *****.00 *****7 *****1 Mar15 *****.00 *****.00 *****.00 *****.00 25 825 MSCI TAIWAN INDEX FUTURES SPOT 323.14 324.04 322.55 Oct14 324.90 325.40 322.60 323.30 ***** *****3 Nov14 324.50
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        209 11 Most active Oct 23 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left TIH Limited W*****9 0.7 0.1 ***** 1 128 31 FTSEChinaA50 8200 MBeCW*****9 3.2 -0.5 2989 0.0 --3 DBS MB eCW*****6 9.6 0.7 2960 0.2 1880 3 STI
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 11 In local curr In S$ In US$ dy yr dy yr dy yr Oct 22 Index Change Change Change Change Change Change World Preliminary 1209.2 0.6 2.1 0.5 0.6 0.5 -0.1 EAFE Preliminary 931.6 1.1 -2.6 0.7 -6.7 0.7 -7.3 Europe Preliminary 1322.1 0.7 -2.4
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        212 11 Oct-22 Price Net change change Last Trade Agricultural Oct-22 CBOT Soybeans (US cents/bu) 962.75 -1.50 -0.16% 14/11/2014 CBOT Soybean Oil (US cents/lb) 32.14 0.38 1.20% 12/12/2014 CBOT Wheat (US cents/bu) 522.25 3.00 0.58% 12/12/2014 Oct-22 LIFFE Cocoa (£/tonne) 2029.00 6.00 0.30% 12/12/2014 LIFFE Coffee (US$/tonne) 2025.00 -21.00 -1.03%
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      • Article
        Lock icon PALM OIL
        57 11 Oct 23 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 14 2169.0 2185.0 2198.0 2166.0 872 5374 Dec 14 2156.0 2173.0 2187.0 2154.0 ***** ***** Jan 15 2148.0 2170.0 2182.0 2147.0 ***** ***** Feb 15 2150.0 2172.0
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      Lock icon Page 7 Advertisements Column 1
      626 7 ise HEALTHCARE ISEC HEALTHCARE LTD. (Company Registration Number: *****0185H) (Incorporated in the Republic of Singapore on 2 January 2014) PLACEMENT IN RESPECT OF 70,000,000 PLACEMENT SHARES AT S$0.28 FOR EACH PLACEMENT SHARE, PAYABLE IN FULL ON APPLICATION The Board of Directors of ISEC Healthcare Ltd. (the “Company") is pleased to
      626 words
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      Lock icon Page 7 Advertisements Column 2
      172 7 .comdirectory YOURGANGWAY COMINGSOON! TOAN OCEANOFBUSINESSOPPORTUNITIES! The Business Times/Shipping Timesis opening up an exciting new “trade route” for businesses catering to the maritime, shipping and related industries with the upcoming launch of its Maritime And Shipping Directory. Here’s how this new advertising platform can help your business make a splash in
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon Fed’s bully pulpit has significant muscle
      811 12 If it chooses to, the Federal Reserve can force the break-up of US banks that fail to end misdeeds and financial scandals BLOOMBERG Washington THE Federal Reserve has plenty of power to follow through on regulatory threats made to top bank executives aimed at
      BLOOMBERG; PHOTO: BLOOMBERG  -  811 words
    • Article
      Lock icon Rising costs, competition bedevil midsized China banks
      559 12 They are falling out of favour with investors as their margins from lending shrink REUTERS Shanghai SQUEEZED between cut-throat competition from online financing firms and rising funding costs, China’s midsize banks are falling out of investors’ favour as they increasingly lag behind the
      REUTERS  -  559 words
    • Article
      Lock icon Chairman of China’s first investment bank to step down
      451 12 REUTERS Shanghai CHINA International Capital Corp (CICC) said on Thursday that its chairman would step down and be replaced by the head of the country’s sovereign wealth fund, the second change in top management at the investment bank in as many
      REUTERS  -  451 words
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      99 12 WORLD’S PREMIER AUCTIONEERS OF MODERN AND VINTAGE TIMEPIECE WWW.ANTIQUORU SINGAPORE PREVIEW DAY Wednesday 29 th October 2014 llam-7pm **BY APPOINTMENT* 1 E'COLLEZIONE 333A Orchard Road. #01-14A Mandarin Gallery Singapore, *****7, Singapore GENEVA AUCTION 8 November 2014, Saturday 1pm 9 November 2014, Sunday 10am VENUE Mandarin Oriental Hotel Salon Saint-Gervais, quai
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      213 12 Presenting Singapore’s most collectible artworks > .-3 Nude 2013 by Tan Choh Tee (b. 1942) Boat on the River Seine 2009 by Ang Ah Tee (b. 1943) Kathmandu 201 3 by Ong Kim Seng (b. 1 945) From today till 16 Nov 2014, Asia Art Collective presents a fine selection
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon London Metal Exchange sets sights beyond China
      706 13 It wants to add new products and users, as well as increase geography BLOOMBERG London THE London Metal Exchange (LME), the biggest industrial metals bourse, is looking for ways to expand with new products and membership beyond China, the largest user of copper
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      Lock icon Japan coal-fired plant exports hit US resistance
      758 13 Shipments soar to nearly US$8 billion last year, defying calls to stop investment in foreign coal projects to curb greenhouse gas emissions REUTERS Tokyo THE United States has challenged the Japanese government over moves to ramp up exports of coal-fired power technology and
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      86 13 KEEP YOUR ERP CHARGES IN CHECK Q SI ERP panoi riw- ig i II ERP Find a property near your workplace or MRT stations using ST .sg Best in Mobile Media (Gold) at Asian Digital Media Awards 2012 liDITORt? PUBLISHERBEST CLASSIFIED WEBSITE with over 1 million unique monthly visitors EPPY
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      319 13 Stay Ahead In Style with The Business Times HE BUSINESS TIMES 3f Subscribe to The Business Times ALL-IN-ONE package and receive gifts worth more than $700! 28.65/month Ermenegildo Zegna Ermenegildo Zegna Tie 100% pure silk tie -worth $310 (LIMITED TO FIRST 500) PEAK* The Peak Digital One-year access worth $300
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  • TECHNOLOGY
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      Lock icon Jack Ma trawls Hollywood for online content
      619 14 Alibaba founder will seek deals for rights to distribute US movies and TV shows in China, or buy studio stakes BLOOMBERG Hong Kong BILLIONAIRE Jack Ma is stepping up his Hollywood dealmaking push, leading a team of Alibaba Group Holding Ltd executives meeting
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      Lock icon Nokia reports strong Q3 profit growth
      360 14 REUTERS Helsinki FINLAND’S Nokia beat market expectations as it reported strong third-quar-ter profit growth and lifted the profitability outlook for its core network gear unit on the back of large network roll-outs in North America and China. Nokia shares rose 5.3 per cent to
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    • Article
      Lock icon Twitter unveils Fabric to weave into more mobile apps
      281 14 AFP San Francisco TWITTER set out to weave itself into mobile applications with a free “Fabric” platform to help developers build better programs and make more money. Twitter chief executive Dick Costolo on Wednesday touted Fabric as “the future of mobile
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      876 14 A special feature brought to you by DOESYOUR CONTENTMARKETING STRATEGIESSOLVE YOURPROSPECTS’ PROBLEM? In a previous article “Are You Fully Engaging Prospects With Digital Edutainment Marketing?” I mentioned that traditional marketing was about reach and frequency. Today, marketing is all about making connections and building relationships content marketing meets this criteria.
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  • CONSUMER
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      Lock icon US stores boost hiring for holiday shopping season
      630 15 AFP Washington US stores and shippers are ramping up holiday hiring to potentially the highest level in 15 years, but no one is sure whether that will be answered by a burst of shopping. Package shipper FedEx said on Tuesday it would
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    • Article
      Lock icon McDonald’s may sell more organic food in bid to boost sales
      274 15 BLOOMBERG Chicago MCDONALD’S Corp, which posted its fourth straight quarter of falling US same-store sales earlier this week, may look to sell more organic food to stem the loss of customers to chains known for bet-ter-quality fare. “You’ll see
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      Lock icon Tesco chairman quits as profits error deepens
      688 15 UK supermarket group has overstated profits by £263m as a result of accounting errors going back to before 2013 AFP London THE chairman of Britain’s biggest retailer Tesco resigned on Thursday as the troubled supermarket group said that a huge accounting error began
      AFP; PHOTOS: BLOOMBERG, REUTERS  -  688 words
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      1126 15 The Business Times Ik T/^V 1 IT 1 Toll free 1800-289-8822 I I Email notices@sph.com.sg J B V i B j il www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ASIAN CONCEPTS PTE. LTD. UEN/CO REG NO: *****9092G AND MONARCH PROPERTIES MANAGEMENT PTE.
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  • TRANSPORT
    • Article
      Lock icon NY prosecutors probe Japan airbag maker
      506 16 They’re checking whether Takata had misled US regulators on the safety of its products AFP New York A US media report has indicated that justice officials are investigating Japanese carpart maker Takata as the government stepped up warnings about the dangers of its faulty
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      Lock icon Qantas A330s to feature new Business Suites
      184 16 Singapore QANTAS has unveiled its new Business Suites which will be outfitted on all 28 of its Airbus A330 aircraft from December onwards. The new cabin products will be used on more than 15 international and domestic routes, from Asia, Hawaii and on
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    • Article
      Lock icon Boeing Q3 profit jumps but higher 787 cost weighs on its shares
      464 16 NYT New York INVESTOR concern about Boeing’s progress in cutting the cost of building its new 787 Dreamliner jets led to a 4.5 per cent drop in the company’s stock on Wednesday, even though Boeing reported otherwise strong
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      70 16 Great Music. Great Fun. True Class. f-* f i .mt kiss92 All the great songs in one place Maddy, Jason Arnold In The Morning Weekdays 6;00am 10;00am i I p Claressa Monteiro Weekdays 10:00am- 2:00pm m m Si ■■WT.TTc,. fi v m mm..... if. >• it. Desiree Lai Weekdays 2:00pm-
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  • REAL ESTATE
    • Article
      Lock icon Occupiers of S’pore, HK prime logistics space face cost challenge
      546 17  -  Occupancy cost growth expected to cross 3% a year, against 2.4% for rest of Asia-Pacific ASIA WAREHOUSING By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore OCCUPIERS of prime logistics space in Singapore and Hong Kong will face the biggest challenge in terms
      546 words
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      Lock icon Scottish property market seen cooling ahead of new tax
      936 17 BLOOMBERG Edinburgh BUYERS and sellers of homes in Scotland are rushing to close deals before the first new tax in 300 years imposed by a government in Edinburgh takes force in April. The regional Parliament approved the tax on property transactions
      BLOOMBERG; PHOTO: REUTERS  -  936 words
    • Article
      Lock icon Ascott taking bigger slice of Aussie pie
      397 17  -  By Mindy Tan, Lynette Khoo mindytan@sph.com.sg @MindyTanBT lynkhoo@sph.com.sg @LynetteKhooBT Singapore CAPITALAND’S serviced residence arm The Ascott has inked several agreements with Quest Serviced Apartments in Australia to increase its exposure Down Under. Under one of the agreements, Ascott’s real estate investment trust, Ascott
      397 words
    • Article
      Lock icon S’pore developer sentiment up slightly
      527 17  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore SENTIMENT among Singapore property developers ticked up slightly but remained weak, according to a survey by the National University (NUS) and the Real Estate Developers’ Association of Singapore (Redas). The overall sentiment gauge improved slightly to 3.7 in the
      527 words
    • Article
      Lock icon A place to hang your hat, and bridles
      684 18 US properties with proximity to horse show venues command a premium NYT DEPENDING on how committed their children are to the high-priced pursuit of show horses, the biggest expense for parents can be the equestrian property that goes with it. Because proximity
      NYT  -  684 words
    • Article
      Lock icon Judge blocks San Francisco law on huge compensation to tenants
      595 18 He says it crosses line between legal government regulation and a money grab BLOOMBERG San Francisco SAN FRANCISCO’S first-in-the-nation law requiring property owners to pay evicted renters as much as hundreds of thousands of dollars to leave their units was
      BLOOMBERG  -  595 words
    • Article
      Lock icon Higher home prices boost PulteGroup’s Q3 revenue
      308 18 REUTERS Bangalore PULTEGROUP Inc, the No 3 US homebuilder, has reported a 4 per cent rise in its quarterly revenue from home sales as the company raised prices for the twelfth straight quarter. The company’s average selling price rose 8 per cent to
      REUTERS  -  308 words
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      Lock icon London home price surge hits first-time buyers
      815 19 With little help likely from parents, they are forced to make huge downpayments, take out large mortgages LONDON BLOOMBERG London EVEN the Bank of Mom and Dad can’t keep pace with London’s spiralling property market. The average cost of a home in the
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    • Article
      Lock icon Foxtons warns earnings hurt by property slowdown
      446 19 REUTERS London BRITISH estate agent Foxtons warned profits would fall this year due to a sharp slowdown in a London property market that has seen prices soar, triggering the steepest drop in its shares since the company listed last year. “We now believe
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      219 17 Singapore Capital Expo and Small Cap Showcase 2014 INTRODUCTION FREE ADMISSION Discover Leading and Innovative Growth Companies ShareInvestor, The Business Times Wholesale Investor will bring together up to 1,000 high net worth, accredited, professional and international investors, executives, brokers, fund managers, media and industry participants for the first Singapore Capital
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      34 17 BULL RUN The Modi factor in India’s stock market boom Geethu Mohandas’ debut film gets picked for Oscars GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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      520 18 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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      136 18 D10 APARTMENT FOR SALE FORD HOLLAND Fire Sale! F’hold Corner cluster. 3600sf 4+1, home lift, unblock. Park 3 cars. $11xx psf. Elin *****005 D15 APARTMENT FOR SALE ST PATRICK’S RESIDENCES F’hold. 3+ study. 1518sf. Mid floor. Unblock view. MRT doorstep. Superb location. Attractive psf. Must sell! Grab now! Call Valerie
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      511 19 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements the business times CLASSIFIED BUY IT SELL IT FIND IT D17 HOUSE FOR RENT 27A TOH AVENUE Semi-D Newly rebuilt 3500/ 5000 sqft. 2storey attic. 5+1 bedrooms pool. Available Immediate. Call 9863 5635/ 9727 2996 D10 APARTMENT FOR RENT HOLLAND VILLAGE Brand
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      118 19 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 BT TIMAH SHOPPING CENTRE MRT. 1733 sqft. Well Fitted. Partitioned. High flr. Suitable for Tuition centre,
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  • OPINION
    • Article
      Lock icon Giving women what they really want at work
      597 20 NOT long after Satya Nadella took over the helm at software giant Microsoft in February this year, observers noted that he was bringing to the chief executive’s office a management style that would be quite different from his two predecessors’. EDITORIAL While
      597 words
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      Lock icon China should talk to US on HK instead of other countries
      832 20  -  THE BOTTOM LINE By Frank Ching T The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 Hong Kong CHINA’S relationship with Russia has strengthened in the wake of the Ukraine crisis, despite Moscow’s clear
      832 words
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      Lock icon GOVERNING ASEAN E-COMMERCE
      1136 20  -  Political sensitivities are making it cloudier. BY lift‘ I'A‘l{1:h'Al|lIIIM{1 |l|h'A|{l|lllI.'l{1II T The writer is an assistant professor at the Centre for Multilateralism Studies, S Rajaratnam School of International Studies (RSIS), Nanyang Technological University. She teaches a course on the Political Economy of South-east Asia; this article was
      PHOTO: REUTERS  -  1,136 words
    • Article
      Lock icon Gas should be the natural choice for countries in Asia
      930 21  -  SINGAPORE INTERNATIONAL ENERGY WEEK By Maarten Wetselaar T The writer is executive vice-president at Shell Integrated Gas ENERGY professionals will gather here next Monday at the Singapore International Energy Week todiscuss Asia’s key energy issues. They are arriving at the
      930 words
    • LETTERS TO THE EDITOR
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      Lock icon Danger of being devoured in an all-consuming market
      884 21  -  What's ailing the market is the way in which the size and structure of equity, bond and other sectors has developed. BY ANTHONY ROWLEY developed.BY ANTHONY ROWLEY Tokyo WE’VE been hearing a lot lately about trouble in the market, as financial turbulence
      PHOTO REUTERS  -  884 words
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  • GOVERNMENT & ECONOMY
    • Article
      Lock icon US manufacturing moving back home: BCG survey
      727 22 Respondents who said that their firms were currently reshoring to the US from China increased 20% from a year ago AFP Washington LARGE manufacturers are increasingly moving production back to the United States from China, according to a new report by The Boston
      AFP  -  727 words
    • Article
      Lock icon US, UK insurance policies take Ebola into account
      673 22 New policies and renewals will be costlier for firms that opt to insure travel to West Africa REUTERS New York AS fear of Ebola infections spreads to developed economies, US and British insurance companies have begun writing Ebola exclusions into standard policies
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      Lock icon IMF urges Japan to proceed with second sales tax hike
      401 22 Credibility of the country’s fiscal framework would be maintained REUTERS Tokyo JAPAN should go ahead with a second sales tax hike next year in order to maintain credibility of its fiscal framework, an International Monetary Fund (IMF) official said on
      REUTERS; PHOTO: REUTERS  -  401 words
    • Article
      Lock icon Factory activity growth slips in October: Markit
      388 23 Conference Board’s index of leading economic indicators gauge of outlook for next 3-6 mths up 0.8% LATEST US DATA REUTERS BLOOMBERG New York THE US manufacturing sector slowed in October to its lowest rate of growth since July, while a gauge of new
      REUTERS; BLOOMBERG  -  388 words
    • Article, Illustration
      Lock icon Protesters set up self-sustaining village; public support up
      588 23 HONG KONG PROTESTS BLOOMBERG Hong Kong HONG KONG protesters have created a self-sustaining village within a month of taking their call for democracy to the streets, setting up changing rooms, tents for hire, a study area, first-aid stations and even their own
      BLOOMBERG; PHOTO: AFP  -  588 words
    • Article
      Lock icon Chinese Communist Party announces legal reforms
      791 23 Move comes at a time when slowing growth raises prospect of more commercial disputes REUTERS Beijing CHINA’S Communist Party unveiled legal reforms on Thursday aimed at giving judges more independence and limiting local officials’ influence over courts, but it made no mention of the
      REUTERS  -  791 words
    • Article
      Lock icon Eurozone business growth gains pace
      543 23 REUTERS London EUROZONE businesses performed much better than anyone expected this month but did so by slashing prices again, and optimism about the future fell to its lowest level in over a year, surveys showed on Thursday. The growth data will provide some relief for
      REUTERS  -  543 words
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      Lock icon Eurozone banks get final ECB verdict on finances
      370 23 REUTERS London THE eurozone’s 130 biggest banks received the European Central Bank’s (ECB) final verdict on their finances on Thursday after a review aimed at drawing a line under persistent doubts about the health of the region’s banking sector. Most lenders already
      REUTERS  -  370 words
    • Article
      Lock icon Private firms top bank-fee generators in China
      747 24 They overtake SOEs with 78% of total value of listings, rights issues and other deals so far this year REUTERS Hong Kong PRIVATE firms have overtaken stateowned companies this year for the first time as the biggest drivers of investment banking revenues in
      REUTERS  -  747 words
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      Lock icon Spanish elites feel wrath of corruption backlash
      808 24 AFP Madrid SPANISH authorities are taking a tougher line against corruption by the country’s long untouchable elites as a lengthy economic downturn fuels public outrage. With a year to go until the next general election, political parties, which have long been accused of
      AFP; PHOTO: AFP  -  808 words
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      Lock icon Japan’s new industry minister hit by S&M bar scandal
      557 24 AFP Tokyo JAPAN was stung on Thursday by its third political scandal in a week after the country’s new industry minister whose predecessor resigned in disgrace over misspending admitted that his underlings had spent office cash at a sex bar. The
      AFP; PHOTO: AFP  -  557 words
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      2467 22 The Business Times Ik I 1 Toll free 1800-289-8822 I M I I Email noticesiasph.com.sg M V i B j J www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NCAP9 (SINGAPORE) PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****4284G NOTICE OF
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      638 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CARBON STRATEGIC PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****9627C) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of Carbon Strategic Pte. Ltd. duly convened and held on the 20th day of October 2014,
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      23 23 LIANHE ZAOBAO First bus package for tender attracts keen interest from more than 20 companies To subscribe, call 6388-3838 or go to sphsubscrlption.com.sg
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  • Article
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    1818 25 MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL KUC KK JKT SUR DREAM ANGEL 6 100 28/10 29/10 MALAYSIA STAR 39 50 2/11 4/11 8/11 11/11 SEA CORAL
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  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      317 27 CRYPTIC CROSSWORD Across 1 Wolves? You couldn’t call them soccer players! (4) 3 I need franc changed must be given new money (10) 9 Cry making contact, having wasted time (4) 10 Following agreement, what Parisian will get involved? (10) 11 Tabloid’s monetary fund is something astronomical (7) 13 Growing
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  • BT Lifestyle
    • HARD WORK, GOOD FUN
      • Article, Illustration
        Lock icon Staying afloat with yoga
        515 30  -  Exercise needn’t always be a chore. With the right vibes, good company, and unique programmes and environments, the journey to a healthier and fitter lifestyle doesn’t have to be regimental; it can be enjoyable. Three offbeat exercise spaces offer just that. BY LISA FRATINI BY LISA
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        Lock icon The CBD riding party
        486 30 LOCATED in the heart of the Central Business District (CBD) on Boon Tat Street is a place perfect for PMEBs (professionals, managers, executives and businessmen) who are torn between hitting a club or the gym when they have a bit of free time in their busy
        486 words
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        Lock icon Healthy pack mentality
        342 30 lfratini@sph.com.sg A PET husky and Los Angeles are the inspirations behind two-week-old indoor cycling studio CruCycle on Duxton Road. It’s been opened by three siblings who were enamoured of the City of Angels' vibrant fitness and wellness scene after studying there, as well as the fact that
        342 words
    • CITY LIFE
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        Lock icon DRINKS WITH A VIEW
        803 26  -  Three waterfront spots up the ante with polished settings, good vibes and great tipples. BY TIONG LI CHENG SOUTHBRIDGE Looking at the minimalist black stools, stone-hewn bar top, and the understated yet elegant décor of Southbridge, you wouldn’t be able to tell that the rooftop bar
        803 words
      • CITY BUZZ BT writers' picks of what to see, do or talk about
        • Article, Illustration
          Lock icon SNAP!
          264 26  -  By Rachel Loi APP Love Out Loud Asia They say slow and steady wins the race that must have been the philosophy that Love Out Loud Asia’s founders took on when they launched their dating app last year. Because unlike most other dating apps that let users scroll through
          264 words
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          Lock icon ART & DESIGN
          215 26  - ART DESIGN By Helmi Yusof Milan image Art Design Fair The Italy-based Milan Image Art Fair makes its debut in Singapore at Marina Bay Sands on Friday. The difference between this Singapore edition and the original Milan one is that the former has an added Design element hence the new
          215 words
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          Lock icon THEATRE
          222 26  -  By Helmi Yusof Frozen Three of Singapore’s finest actors Adrian Pang, Janice Koh and Karen Tan make up the cast of Frozen, Pangdemonium’s new production of Bryony Lavery’s award-winning 1998 play. Frozen centres on the rape and murder of a 10-year-old girl. Ralph (Pang) is arrested and sentenced for
          222 words
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          Lock icon SHOPPING
          198 26  -  By Tay Suan Chiang Flea Speech Local firm Public Garden’s monthly flea markets have garnered a faithful following, with diverse locations such as the National Museum and the National Library. This month, head to TripleOne Somerset. What shoppers can expect this round include include Naked Glory, which carries vintage
          198 words
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          Lock icon CONCERT
          211 26  -  By Dylan Tan Mariah Carey: The Elusive Chanteuse Show Fourteen years after her last visit here, Mariah Carey is set to play her biggest show here at the new National Stadium on Friday. Touring on the back of her critically acclaimed Me. I am Mariah… The Elusive Chanteuse album,
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    • WINE ARTS
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        Lock icon What price perfection?
        1186 27  -  A musical composition, painting, sculpture exist forever, but a wine lives as long as it is not drunk.BY WINE drunk.BY NK YONG BEETHOVEN’S String Quartet No 14 in C# minor, Op 131 is considered by many as his greatest achievement, even the greatest work ever written. Russian
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      • Article, Illustration
        Lock icon Capturing green spaces
        498 27  -  ART By Rachel Loi rachloi@sph.com.sg @RachelLoiBT HAVING grown up surrounded by greenery and spending his childhood on the edge of a jungle in Malaysia, local artist Siew Hock Meng has always felt an affinity with natural landscapes. And even after he moved away from the jungle, his
        498 words
      • Article, Illustration
        Lock icon Where there are no borders
        646 27  -  DANCE By Cheah Ui-Hoon uihoon@sph.com.sg ONE of the dancers will be dancing in silence, without music; one will be pushing the physical limits of the body in a duet; while yet another dancer will be using dance in a more theatrical language. Performing in 20-minute
        PHOTO: MATRON; PHOTO: GERARDO SANZ; PHOTO: CHANG-CHIH CHANG  -  646 words
    • ARTS
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        Lock icon A creative showcase
        1086 28  -  The inaugural Art Apart Fair London exhibits contemporary art in a ‘real-life’ setting. ART BY CHEAH UI-HOON uihoon@sph.com.sg SINGAPORE and Asian art have edged a bit more into the UK and European market following the inaugural Art Apart Fair London. A Singapore fair that is based on
        PHOTO: CHEAH UI-HOON  -  1,086 words
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        Lock icon Diaspora is the theme of Filipino art show in UK
        476 28  -  By Cheah Ui-Hoon uihoon@sph.com.sg OTHER than the fact that the Philippines is one of the two powerhouses in modern and contemporary art in South-east Asia (the other being Indonesia), it also epitomises the diaspora story because one of the country’s
        476 words
      • Article, Illustration
        Lock icon Lupus-struck gallerist starts research fund
        671 28  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT SHE has long been a champion of Singapore artists. Now Singapore artists are coming together to raise awareness for a disease which, tragically, she suffers from. Helina Chan is the founder and managing director of iPreciation gallery, which represents top
        FILE PHOTO  -  671 words
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        Lock icon Building networks in London
        327 28  -  By Cheah Ui-Hoon GABRIEL ASIAN ARTS www.gabrielasianarts.com ONE of the new galleries flying the Singapore and Asian art flag in London is Gabriel Asian Arts, run by Gabriel Heng, a Singaporean who moved to Surrey four years ago after his wife was posted to London. There,
        327 words
    • MUSIC CINEMA ARTS
      • Article, Illustration
        Lock icon Continuing his sonic explorations
        649 29  -  Award-winning jazz icon Pat Metheny never stops embarking on new adventures in his evolution as musician. BY DYLAN TAN MUSIC musician.BY DYLAN TAN dylantan@sph.com.sg @DylanTanSYBT TO call Pat Metheny a musical chameleon might be a little bit of an understatement after all, the jazz guitarist and
        649 words
      • Article, Illustration
        Lock icon The terrible realities of war
        656 29  -  CINEMA By Geoffrey Eu THE grim brutality of war comes into frantic, frightening focus in Fury, an unrelenting, blood-splattered look at the final chapter of World War II in Europe and the efforts of an American tank crew to stay alive and sane amidst the
        656 words
      • Article, Illustration
        Lock icon With saints like him, who needs sinners?
        496 29  -  By Geoffrey Eu GETTING in touch with his inner grouch has never been a problem for Bill Murray, an actor whose onscreen characters and real-life persona can sometimes make it difficult for people to tell the difference. He’s such a good fit for
        496 words
      • Article, Illustration
        Lock icon Comic operetta set to tickle funny bones
        417 29  -  OPERA By Lisa Fratini lfratini@sph.com.sg FRANZ Lehar’s extremely popular comic operetta The Merry Widow returns to the stage this Friday with a brand-new and very merry widow. The coveted titular role of the wealthy and beautiful widow Hanna is being played by British-Sri
        417 words
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