The Business Times, 7 November 2014

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Microfilm: NL33295
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    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 I Wednesday, October 8, 2014 Friday, Novem 7
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  • Article, Illustration
    Lock icon DAILY DIGEST
    219 1 Singapore Airlines’ second quarter profit dived 43 per cent year on year to S$90.9 million, hit by losses from associate Tiger Airways. TOP STORIES 2 Indonesian businesses are bracing for another year of massive rises in the minimum wage as labour unions stage rallies ahead of a hike
    219 words
  • Article
    Lock icon MARKETS
    26 1 Thursday Change STI 3,290.96 +3.30 KL COMP 1,831.98 -7.31 NIKKEI 225 16,792.48 -144.84 HANG SENG 23,649.31 -46.31 SHENZHEN B 954.31 -13.77 DOW(11am EST) 17,508.04 +23.51
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  • Article, Illustration
    Lock icon STATS ChipPAC attracts US$780m bid from China firm
    643 1  -  JCET’s S$0.452 per share offer compares against S’pore chipmaker’s last traded price of S$0.58, a discount of 20% fly _Jan_1ig Le_e |eejamie@sph.com.sg @JamieLeeBT Singapore STATS ChipPAC is inching towards the arms of Jiangsu Changjiang Electronics Technology (JCET), with the Chinese buyer proposing
    BLOOMBERG FILE PHOTO  -  643 words
  • Article
    Lock icon Reported fraud at S’pore unit leaves OW facing bankruptcy
    725 1  -  By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore ALLEGED fraud at its Singapore subsidiary as well as a significant risk management loss have left key marine fuel supplier OW Bunker (OW) facing possible financial collapse. Following its report on Thursday of a fraud
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      135 1 *****4 ONLINE ONLY BUNGALOW SALES BT CLASSIFIEDS Real estate, vehicles, lifestyle 18 21 Tale of 2 cities for GCBs and Sentosa Cove bungalows REAL ESTATE 17 Read Boardroom Matters, a series of articles from the Singapore Insitute of Directors, on BTinvest every Friday btd.sg/BMatters PERFORMING ARTS Esplanade reflects on Singapore
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      23 1 RESURRECTION BT Lifestyle speaks to three groups who have taken it upon themselves to breathe new life into unlikely old spaces PAGE 27
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  • TOP STORIES
    • Article
      Lock icon SIA’s Q2 earnings plunge 43% to S$90.9m as Tiger bleeds
      757 2  -  SIA Cargo narrows losses from S$71m to S$34m due to better capacity management By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore HIT by losses from associate Tiger Airways, Singapore Airlines’ (SIA) net profit for the second quarter of FY14/15 dived 43 per
      757 words
    • Article
      Lock icon Market reopens smoothly, new measures in place
      418 2  -  SGX STOPPAGE By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore THE Singapore markets had a smooth reopening on Thursday following a major stoppage on Wednesday afternoon. Singapore Exchange (SGX) president Muthukrishnan Ramaswami said at a press briefing on Thursday that SGX has put in place
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    • Article
      Lock icon Let there be light when disruption strikes
      661 2  -  COMMENTARY By Kenneth Lim THE power outage that shut down Singapore’s stock and derivatives markets for half of Wednesday illuminated the need to help everyone see a little more clearly. For critics of the Singapore Exchange (SGX), the disruption needs to be viewed
      661 words
    • Article
      Lock icon Unveiled: first government land sales under new BCA rules
      464 2  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore WITH new rules to raise productivity in the construction sector kicking in on Nov 1, the first government land sale (GLS) site to come under the new requirements is an Upper Serangoon Road plot. Two
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    • Article
      Lock icon Singapore workers’ 2015 pay rise seen to be third smallest in Asia
      543 2  -  By Lee U-Wen |eeuwen@sph.com.sg @LeeUwenBT Singapore WORKERS in Singapore can expect an average wage increase of 4.5 per cent in 2015 the same level as this year, but still much lower than many other economies in the region.
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    • Article, Illustration
      Lock icon Luxury home prices in Singapore fall 10% over 12 months: report
      553 2  -  By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore LUXURY home prices in the world’s leading cities rose an average of 4 per cent over the 12 months ended September 2014 but the outcome was starkly different in Singapore, where prices plunged
      Source: Knight Frank Residential Research, Miller Samuel/Douglas Elliman, Ken Corporation  -  553 words
    • Article, Illustration
      Lock icon Indonesia businesses brace for minimum wage hikes
      712 4  -  Unions agitating for increases despite sluggish economy and underemployed workers INDONESIA WATCH By Jeffrey Hutton btworld@sph.com.sg Jakarta INDONESIAN businesses are bracing themselves for another year of massive rises in the minimum wage already among the highest in Asia as labour unions in Jakarta
      PHOTO: REUTERS  -  712 words
    • Article, Illustration
      Lock icon Japan builds energy hub to tap US shale gas revolution
      549 4  -  Minister calls for more flexible contracts to usher in an era of cheap energy in Asia By Anthony Rowley btworld@sph.com.sg Tokyo THE shale gas “revolution will finally cross the Pacific Ocean” from 2016 with US exports of liquefied natural gas
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    • Article
      Lock icon iCarsclub raises record US$60m Series B funding
      579 6  -  It has drawn up expansion plans, though Asian govts’ less-than-complete embrace of car-sharing is a blip _BY Jacquelvn cheok jaccheok@sph.com.sg @JacCheokBT Singapore SINGAPORE-based car-sharing app iCarsclub has raised a massive US$60 million in Series B funding, and says it is revving up for
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    • Article, Illustration
      Lock icon ANZ’s Asian business growing strongly
      665 6  -  Operating income from Asia has doubled since 2009 By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore THE Australia and New Zealand Banking Group’s Asian business is growing strongly with gains in FX and interest rates, cash management and trade, said Andrew Géczy, its chief executive for
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      28 3 SINCERE FINE WATCHES Takashimaya S.C. Ngee Ann City +65 6733 0618 Scotts Square +65 6636 0600 SINCERE HAUTE HORLOGERIE The Shopping Gallery at the Hilton +65 6738 9971
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      104 4 Viewing Auction Venue v i n r ’■< ■> v* m a i, X V I* AFFANDI I Market, 1959 Oil on canvas I 106 x 103 cm m 1 I n w f < A > r 1! HAN SNEL I Market in Bali, 1984 Oil on canvas I
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      24 4 Shop ONLINE www.oaks.com.sg it'sDiscovery! World's most exquisite blends Ballantine’s Whisky 30 Year Old Scotch Singapore Usual: S$750.Q0 trine shop NOW! S$525.00 OAKS WP 1
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      196 5 Performance Motors Limited pml-bmw.com.sg THE FIRST-EVER BMW 2 SERIES ACTIVE TOURER. MAKE EVERY DAY COUNT. No longer should the car you drive limit what you want to do. The all-new BMW 2 Series Active Tourer combines flexible comfort with effortless BMW performance. While the three-cylinder engine delivers uncompromising driving pleasure,
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      67 6 s YOUR ACTIVE LIFE, YOUR FREE TIME, YOUR SPECIAL OCCASIONS WITH GEOX, DISCOVER A DESIRE TO CONTINUALLY REINVENT YOUR STYLE, IN THE COMPLETE COMFORT OF BREATHABLE, WATERPROOF TECHNOLOGY ALWAYS AT EASE, EVERY DAY, ALL YOUR LIFE H I o Q) O) GEOX SHOPS: CENTREPOINT #01 -23/24 GREAT WORLD CITY #02-19
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      457 6 NOTICE OF BOOKS CLOSURE AND PAYMENT DATE FOR DISTRIBUTION For the period from 9 April 2014 to 30 September 2014 a-hhrush ascendas hospitality trust A stapled group comprising: ASCENDAS HOSPITALITY REAL ESTATE INVESTMENT TRUST (a real estate investment trust constituted on 13 March 2012 under the laws of the Republic
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon OSIM: is the stock selloff over?
      934 7  -  HOCK LOCK SIEW BY CAI HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT THE stock price fall was shockingly swift. And those still invested in lifestyle products group OSIM International must be wondering when the pain will end. Amid the search for answers, some observers blame the dismal third-quarter
      Source: Bloomberg  -  934 words
    • Article
      Lock icon SingPost’s Q2 net profit up 5.5%
      477 7  -  By Joyce Hooi joyceh@sph.com.sg @JoyceHooiBT Singapore SINGAPORE Post’s (SingPost’s) net profit for the second quarter rose 5.5 per cent to S$37.6 million, nudged upwards by its e-commerce-related businesses. Even so, the group, which is in the throes of an e-commerce logistics reinvention, saw underlying
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    • Article
      Lock icon Ezion Q3 earnings up 29% on jump in revenue
      394 8  -  Offshore marine group cites chartering contribution from deployment of additional service rigs By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore OFFSHORE marine group Ezion Holdings on Thursday posted a 29 per cent year-on-year surge in third-quar-ter net profit to US$49.2 million. The better
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    • Article
      Lock icon Kim Heng’s Q3 profit plummets 62%
      324 8  -  Fall in revenue and gross profit margin; group expects final quarter to fare better than Q3 By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore LOWER revenue and poorer gross margin combined to drag down Kim Heng Offshore Marine Holdings' third-quarter earnings. The company, which was listed
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    • Article
      Lock icon CAO’s net plunges 66.5% to US$7.32m in third quarter
      285 8  -  Operating loss swells fivefold from Q3 2013 to US$7.54m this year By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore CHINA Aviation Oil (Singapore) (CAO) has posted a 66.5 per cent drop in net profit to US$7.32 million for the third quarter, weighed down
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    • Article
      Lock icon Commodity marketing segment boosts CWT’s Q3 bottom line
      377 8  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore COMMODITY logistics group CWT Ltd on Thursday posted a 70 per cent surge in net profit for the third quarter on stronger revenue. Net profit for the three months ended Sept 30, 2014, stood at S$32.5
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    • Article
      Lock icon Dubai’s Abraaj acquires majority stake in Wine Connection Group
      436 8  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore DUBAI buyout firm, The Abraaj Group, has acquired a majority stake in South-east Asia’s food and beverage (F&B) chain, Wine Connection Group. This is the private equity investor’s fourth such investment in the region. The
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    • Article
      Lock icon A-HTrust posts 9.9% fall in Q2 DPS to 1.27 cents
      365 8  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore ASCENDAS Hospitality Trust on Thursday posted a 9.9 per cent dip in distribution per share (DPS) for its fiscal second quarter, due to a dip in distributable income that came from an unwinding of
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    • Article, Illustration
      Lock icon Sembcorp’s Q3 profit down 22.7% at S$196.6m
      711 9  -  Utilities segment earnings fall 34%; year-ago period included gains from Salalah IPO By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore SEMBCORP’s net profit for the third quarter ended September tumbled 22.7 per cent to S$ 196.6 million, from S$254.4 million a year ago. The
      FILE PHOTO  -  711 words
    • Article
      Lock icon Ascott’s Q3 DPU drops 11% on one-off items, rights issue
      528 9  -  Revenue up 9% to S$93.7m on the back of additional income from new properties By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore ASCOTT Reit on Thursday reported a distribution per unit (DPU) of 2.11 Singapore cents for the third quarter ended Sept
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    • Article, Illustration
      Lock icon STI / Catalist
      62 10 STI Catalist Straits Times index NOV 6,2014 3,290.96 +3.30 (+0.10%) Current streak 2 days Day high 3,302.34 Day low 3,286.14 52-week high 3,374.06 (July 31, 2014) 52-week low 2,960.09 (Feb 5,2014) FTSE ST Catalist index NOV 6,2014 799.93 -6.51 (-0.81%) Current streak 3 days Day high 809.06 Day low 799.86
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    • Article, Illustration
      Lock icon No impact from Wall Street peaks
      591 10  -  Business as usual after Wednesday’s power supply glitch but trading stays featureless STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT IT was business as usual in the local market on Thursday following Wednesday’s three-hour disruption when the trading system of Singapore Exchange (SGX) shut down because
      Source: Bloomberg  -  591 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 223 unch 227/222 250 206 6.4 5634.5 CapitaLand 312 -6 319/311 348 268 15.6 2.6 *****.5 CapitaMall Trust 195 -0.5 196.5/194.5 209 180 5.3 6763.2 CityDev 941 unch 948/941 1118 860 12.8
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    • Article
      Lock icon MOST ACTIVE
      35 10 VOLUME IHC 177,080,000 OLS Enterprise 70,654,000 Cedar Strategic 54,738,000 JES Intl 50,088,000 Noble 39,018,000 Market volume 1,682,693,000 VALUE DBS Grp 71,920,020 SingTel 61,512,380 UOB 52,229,770 OCBC Bank 50,724,700 IHC 48,546,505 Market value 1,115,093,000
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    • Article
      Lock icon SGX ETFs
      107 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 334 +2 119 334/332 343/298 333/334 IS MS India US$ US772 +1 68 772/760 779/541 772/773 96.5 Lyxor CRBNonEny US$ US233 -1 49 233/233 261/228 233/236 24.9 CIMBASEAN40 US$ US1066 +16 43 1069/1063 1300/927
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Nov 6 VALUE CLOSE BT OB/OS 109.00 -178.00 BT CADI -*****.00 -47.00 BT 10-day MA -*****.00 +11.00 FTSE ST Mid Cap 747.25 -3.76 FTSE ST Small Cap 520.99 -0.54 FTSE ST All Share 793.95 -0.08 FTSE ST China Top 189.38 +0.04 FTSE ST China 224.48 +0.23 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 NOV 6,2014 793.95 -0.08 (-0.01%) Current streak 1 day Day high 796.47 Day low 793.17 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 NOV 5,2014 1,811.71 +5.98 (+0.33%) Current streak 2 days Day high 1,812.26 Day low 1,796.84 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 3 7 5 0 0 0 3 7 5 Manufacturing 39 47 32 13 9 6 52 56 38 Commerce 24 14 18 3 9 2 27 23 20 Tpt/Stor/Comms 17 13 9
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 18,543 18,543 93,668 93,668 Manufacturing 221,283 133,093 354,376 114,298 6,701 120,999 Commerce 173,201 63,178 236,379 125,807 4,742 130,549 Tpt/Stor/Comms 93,076 2,585 95,661 155,500 458 155,958 Finance 19,051 115 19,166 199,364 29 199,392 Construction 45,655 16,994
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    • Article
      Lock icon GAINERS
      76 10 BY CENTS CLOSE UP 52w high/low IS DJ USTech US$ ***** 881.1 7.3 *****/7582 DBXT iBoxxKR US$ ***** 94.3 0.5 *****/***** Jardine C&C 4031 61.0 1.5 4901/3330 DBXT E50 US$ 4825 55.6 0.9 5630/4637 Lyxor ThaiSET US$ ***** 50.4 0.3 *****/***** BY PERCENTAGE CLOSE UP 52w high/low Next-Gen Sat
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    • Article
      Lock icon LOSERS
      75 10 BY CENTS CLOSE DOWN 52w high/low Lyxor Idonesia US$ 8900 -209.3 -1.8 9636/6957 DBXT AUDCS SG$ ***** -207.0 -0.9 *****/***** DBXT AUDCS US$ ***** -160.2 -0.7 *****/***** GLD US$ ***** -111.1 -0.8 *****/***** DBXT MSJAP US$ 4554 -56.8 -1.0 4814/4260 BY PERCENTAGE CLOSE DOWN 52w high/low CN7600MBeCW*****7 2.7 -38.6
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    • Article
      Lock icon UNUSUAL ACTIVITY
      84 10 VOL CLOSE($) CHANGE KTL Global 7,964.0 0.152 +0.010 +7.04 Spura Finance 268.0 1.225 -0.300 -19.67 Next-Gen Sat^ 27,239.0 0.004 +0.001 +33.33 Hor Kew 300.0 0.057 +0.010 +21.28 Craft Print 612.0 0.121 +0.011 +10.00 China Mining 2,214.0 0.057 -0.012 -17.39 Japan Foods 310.0 0.570 -0.040 -6.56 Indiabulls Trust 200.0
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    • BROKERS’ TAKE
      • Article
        Lock icon Sembcorp Marine
        162 10 Neutral Nov 6 close: S$3.59 Target price: S$3.60 Credit Suisse, Nov 6 SEMBCORP Marine’s FY14 nine-month net profit of S$386 million was below expectations, at just 67 per cent of consensus FY14 forecast. Operating margin dropped to 10.0 per cent in Q3 FY14 from 11.5 per cent in
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      • Article
        Lock icon Starhub
        127 10 Neutral Nov 6 close: S$4.16 Target price: S$3.90 Goldman Sachs, Nov 6 STARHUB reported Q3 FY14 revenue, Ebitda (earnings before interest, tax, depreciation and amortisation), and net income of S$592 million (+2 per cent year-on-year), S$191 million (+2 per cent year-on-year), and S$98 million (+3 per cent year-on-year), +0.3
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      • Article
        Lock icon Maxi-Cash Financial Services Corp
        158 10  -  Compiled by Kenneth Lim Sell Nov 6 close: S$0.245 Target price: S$0.22 DMG Partners Research, Nov 6 MAXI-CASH’S Q3 FY14 net profit after tax (NPAT) grew 114 per cent year-on-year to S$0.72 million due to an increase in pawnbroking loans. However, a decline in the retail
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      • Article
        Lock icon CALENDAR
        9 10 DATA I 9.30 pm US employment situation report
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    • Article
      Lock icon Euro keeps small gains, focus turns to Draghi
      372 11 CURRENCIES REUTERS London THE euro held its ground on Thursday after the European Central Bank (ECB) kept its benchmark interest rate close to zero, as expected, but the currency’s modest gains could be shortlived if ECB chief Mario Draghi suggests more monetary
      REUTERS  -  372 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 NOV 6 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.981 5.262 0.688 6.676 52.899 104.510 0.986 9.349 2.871 1.112 88.236 38.747 1.112 9.590 0.829 26.331 28.251 0.539 0.861 Canada 1.020 5.366
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 NOV 6 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1121 1.1128 0.8608 0.8613 Canadian dollar 1.1339 1.1346 0.8782 0.8777 Euro 1.6159 1.6166 1.2508 1.2512 NZ dollar 1.0003 1.0008 0.7743 0.7746 Sterling pound 2.0650 2.0655 1.5984 1.5987
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 NOV 6 S$ Bid Offer 1-month 1.2920 1.2923 2-months 1.2920 1.2923 3-months 1.2921 1.2923 6-months 1.2920 1.2925 Source: OCBC
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        Lock icon HANG SENG
        2 11
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        Lock icon SHANGHAI COMPOSITE
        2 11
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        Lock icon DOW JONES
        2 11
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        Lock icon NIKKEI
        1 11
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    • BANK RATES
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        Lock icon SIBOR
        36 11 NOV 6 (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 INTERBANK RATES
        154 11 Nov 6 $S Offer Bid 0vernight 0.08 0.03 1-month 0.4375 0.3125 2-months 0.4375 0.3125 3-months 0.4375 0.3125 Overnight mode: 0.25 US$ 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 GOVERNMENT SECURITIES
        67 11 Nov 6 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 105.86 105.94 105.86 5-Year N*****0H 1.625 01-Oct-19 100.52 100.63 100.45 10-Year NY*****H 3.000 01-Sep-24 105.85 105.90 105.85 15-Year NY*****E 2.875 01-Jul-29 102.1 102.10 102.10 20-Year NZ*****V 3.375 01-Sep-33 107.79
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        365 11 NOV 6 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.46 *****.94 *****.45 Dec14 *****.00 *****.00 *****.00 *****.00 *****1 *****9 Mar15 *****.00 *****.00 *****.00 *****.00 77 2911 MSCI TAIWAN INDEX FUTURES SPOT 332.87 333.33 329.94 Nov14 333.70 335.00 330.30 330.30 ***** *****3 Dec14 333.80
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        210 11 Most active Nov 06 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Rowsley Ltd W*****3 4.2 -0.1 ***** 1 18 23 DBS MB eCW*****6 14.7 0.2 7061 0.2 1880 2 OLS Enterprise W*****5 0.3 unch 6964 1 1 8
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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 Nov 5 Index Change Change Change Change Change Change World Preliminary 1254.6 0.6 5.9 0.7 5.2 0.4 2.6 EAFE Preliminary 973.3 1.0 1.8 0.7 -3.1 0.3 -5.4 Europe Preliminary 1358.7 1.5 0.3
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        212 11 NOV-5 Price Net change change Last Trade Agricultural Nov-5 CBOT Soybeans (US cents/bu) 1020.50 10.50 1.04% 14/11/2014 CBOT Soybean Oil (US cents/lb) 32.72 -0.35 -1.06% 12/12/2014 CBOT Wheat (US cents/bu) 524.75 -5.75 -1.08% 12/12/2014 Nov-5 LIFFE Cocoa (£/tonne) 1896.00 -4.00 -0.21% 12/12/2014 LIFFE Coffee (US$/tonne) 2026.00 -13.00 -0.64%
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      • Article
        Lock icon PALM OIL
        57 11 NOV 6 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 14 2220.0 2228.0 2220.0 2219.0 29 1259 Dec 14 2259.0 2258.0 2278.0 2220.0 3542 ***** Jan 15 2264.0 2252.0 2275.0 2217.0 ***** ***** Feb 15 2268.0 2256.0
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  • Page 7 Advertisements
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      23 7 Influential Brands' 4 fc w v W LiMl i i A Celebrating Brand Leadership Find out more from The Sunday Times, 9 November
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      Lock icon Page 7 Advertisements Column 2
      151 7 r LliN 3k m i. *0 H I fb 'H M Si Chuan Dou Hua Restaurant The Bonding Chapter Connecting Ties Sumptuous food, when paired with great ambience, is the perfect way to bring people closer. Si Chuan Dou Hua offers a flavourful bonding experience with authentic Sichuan and Cantonese
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      133 8 S£*» V a «S> A m mW 1M .'--■'.in Seminars by Senior Directors of London's oldest and most successful independent leasing company Date: Saturday, 8th November 1 st event: 1 3pm 2nd event: 4 6pm Private meetings available Thursday 6th to Monday 10th Nov. BOOK NOW! MWi > A Seminar
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      953 9 m ri c u MS HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 21 (Company Registration Number: *****4628C) May 2014) Sponsor, Issue Manager and Placement Agent U .OB (Incorporated in the Republic of Singapore) (Company Registration Number: *****0026Z) Placement of 27,000,000 Shares comprising 20,000,000 New Shares and 7,000,000 Vendor
      953 words
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      934 9 Not for distribution in the United Stales $01AM OLAM INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****4676H) ANNOUNCEMENT ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF WARRANTS PURSUANT TO THE CAPITAL DISTRIBUTION Olam International Limited (the Company refers to the issue of US$750 million in principal
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  • BANKING & FINANCE
    • Article
      Lock icon Jubilee babies to get free GE health insurance for a year
      319 12  -  Insurer’s SG50 events include granting of 50 wishes from public By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore PARENTS of Jubilee babies will have added joy in 2015 as their newborns will be eligible for free health insurance worth S$108 for
      319 words
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      Lock icon Singapore life insurance sector weakens in Q3
      489 12  -  Weighted new business premiums for the three months ended September down 6% at S$705.4m; decline due to 18% fall in weighted annual premiums By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore SINGAPORE’S life insurance industry weakened in the third quarter this year, as weighted new
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    • Article
      Lock icon Competition probe puts big UK banks under break-up threat
      411 12 Move is latest step to tackle dominance of the Big 4 REUTERS London BRITAIN’S big banks could be broken up after the country’s competition watchdog launched an in-depth investigation into services for small business customers and personal accounts because of a
      REUTERS  -  411 words
    • Article
      Lock icon Barclays mulls eight-way restructuring as Bank of England overhaul looms
      640 12 WP London BARCLAYS is considering shifting its businesses into eight entities in response to rules forcing Britain’s largest lenders to separate retail operations from riskier investment banking units, an internal document shows. The lender is reviewing whether to put its
      WP  -  640 words
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      293 12 ESPLANADE PRESENTS Indian Festival of Arts 21-30 Nov 2014 I* 21 Nov Fri 8pm Esplanade Theatre Disk a A Yisio by Spanda ondu) Leela Samson’s dance ensemble presents its most striking group and solo dance works. 22 Nov Sat 7.30pm Esplanade Concert Hall The Ra ghu Dixit Project (India) Indie
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      70 12 QjlJeuteMe. AFFAIR BANGKOK. HONG KONG FLORENCE KUALA LUMPUR MILAN NEW YORK 4* J 7TH 8TH NOV 2014 FRIDAY SATURDAY 11AM 7PM HILTON HOTEL THE SHOPPING GALLERY. LEVEL 2 581 ORCHARD ROAD SINGAPORE *****3 MKR elegance UTOPIA PA^§TAGLI EVENT MANAGED BY: 8 ZENITH AFFAIR Raffles Hotel Arcade, 328 North Bridge Road
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  • ENERGY & COMMODITIES
    • Article
      Lock icon Indonesia to build coal-fired power plant
      309 13 REUTERS Jakarta INDONESIA will begin building a huge coal-fired power plant next year, government officials said on Thursday, as South-east Asia’s biggest economy looks to keep pace with soaring electricity demand and avert a power crisis. The 5,000 MW power plant will be built
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    • Article
      Lock icon Petrobras yet to set time or size of fuel price hike
      348 13 REUTERS Rio De Janeiro BRAZIL’S state-run oil company Petroleo Brasileiro SA has no date or size for a widely expected increase in the domestic price of petrol and diesel, the company said. In a filing with securities regulator CVM,
      REUTERS  -  348 words
    • Article
      Lock icon Commodity firm banks on ties with Shell
      292 13 BLOOMBERG Sao Paulo RAIZEN Energia SA’s first-ever asset-backed bond sale shows how the sugar and ethanol producer is capitalising on its implicit debt guarantee from its owners to sway individuals into financing an industry in distress. The company, a venture between Royal Dutch
      BLOOMBERG  -  292 words
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      Lock icon Slumping gold price seems primed for further fall
      714 13 Market players say the yellow metal remains overvalued the ratio to silver is at a 5-year high and to crude oil, a 17-month peak BLOOMBERG New York AS bad as the rout has been in gold this year, it keeps getting more
      BLOOMBERG; PHOTO: REUTERS  -  714 words
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      158 13 STARHHi GALLERY jSggk A JOURNEY THROUGH TIME 21 NOV 28 NOV 2014 KUALA LUMPUR ASIA'S PREMIER TIMEPIECE AND JEWELLERY SHOWCASE Asia's premier watch and jewellery event showcases over 120 of the most desired watch and jewellery collections. This year, 5 luxury brands make their debut in Malaysia at A Journey
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  • TECHNOLOGY
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      Lock icon Twitter has little to celebrate a year after IPO
      785 14 Despite the success in mobile advertising, it is paying for the disconnect between promise and performance BLOOMBERG San Francisco TWITTER Inc celebrated its one-year anniversary as a public company on Thursday with a stock that’s soared 55 per cent from its
      BLOOMBERG; PHOTO: REUTERS  -  785 words
    • Article
      Lock icon Qualcomm beset by probes in US, Europe, China
      390 14 REUTERS San Francisco QUALCOMM Inc has warned that an antitrust investigation and problems collecting royalties could harm its business in China next year and it also disclosed new regulatory investigations in the United States and Europe. China’s expanding high-speed 4G network is
      REUTERS  -  390 words
    • Article
      Lock icon Lenovo posts 19% rise in Q2 profit
      230 14 REUTERS BEIJING LENOVO Group Ltd, the world’s biggest maker of personal computers, reported a 19 per cent jump in net income in the second fiscal quarter, but revenue fell short of analyst expectations, sending shares lower. The company, which has been muscling its
      REUTERS  -  230 words
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      65 14 mm# V yt. mifi rr, m S) Cook an egg? 55 I 5 ,|l' Mi' 1 What can you do in 3 minutes? i m r v m -Jil ,'rff 'f'A :«3 ft IV'Become enlightened! Scan the QR code now to view the latest videos on zaobao.sg mr Catch ZB
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  • CONSUMER
    • Article
      Lock icon Mobile newspaper readership growing, but print remains staple read: Nielsen
      395 15  -  Some 16% of adults read digital newspapers on the go, with those aged 30-44 being the most avid By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore MOBILE newspaper readership in Singapore is growing, with 16 per cent of the adult population reading
      395 words
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      Lock icon M&S H1 profit rises, thanks to women’s clothing
      764 15 REUTERS London A GLIMMER of improvement in women’s clothing helped British retailer Marks Spencer post its first rise in first-half profit in four years, though analysts said that it was too soon to declare a turnaround after years of false dawns. Shares
      REUTERS; PHOTO: BLOOMBERG  -  764 words
    • Article
      Lock icon ’Tis the season to buy your dog a knit sweater
      243 15 American Eagle Outfitters banking on its canine collection to boost sales BLOOMBERG New York AMERICAN Eagle Outfitters, the teen retailer struggling to sell clothes to human customers, is targeting a different species this holiday season: the dog. The company is
      BLOOMBERG  -  243 words
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      572 15 L*J A special feature presented to you by iflwi STProperty.sg Will the upcoming GST implementation make Malaysian properties less attractive? ps?s tSBSS ilgip> can ip? Attend our seminar for a r-c chance to WIN the latest ■■mi b a f I TTTCi ■t.mi.LluiMI 3 3 in* E 4 r i-tf;
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  • TRANSPORT
    • Article, Illustration
      Lock icon MAS minorities give their nod to proposed privatisation
      636 16  -  They showed displeasure with the management, but were pragmatic about the rescue job ahead By Pauline Ng Kuala Lumpur MINORITY shareholders of Malaysia Airlines (MAS) yesterday assented to the proposed privatisation of the floundering carrier, paving the way for its delisting and
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    • Article
      Lock icon United mulls getting Embraer, Bombardier jets
      424 16 Fleet makeover is meant to cut dependence on unprofitable 50-seat regional planes: sources BLOOMBERG Chicago UNITED Airlines is in talks with Embraer SA and Bombardier Inc to buy new narrow-body planes amid a fleet makeover to reduce its reliance on unprofitable regional jets, sources
      BLOOMBERG  -  424 words
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      1498 16 The Business Times NOTICES 2Owncars? If you're looking for a landed home with a large enough driveway, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988. IN THE MATTER OF THECOMPANIESACT,(CHAPTER50)AND IN THE MATTER OF ART CRAFT TECHNOLOGY PTE LTD. Company Registration No.
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      110 16 POWER BREAKFAST POWER LUNCH Purchase a copy of THE BUSINESS TIMES and get a $5 Spinelli voucher* THE BUSINESS TIMES Share traders calling it a day as market volume dries up [m FIVE DOLLARS GIFT VOUCH 1 SPINELLI fuel Grab one from 5-7 Nov 2014 ‘While stocks last. Limited to
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  • REAL ESTATE
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      Lock icon Tale of 2 cities for GCBs and Sentosa Cove bungalows
      1119 17  -  Only 2 deals at Cove YTD, while GCB market still supported by Singaporeans, with 23 caveats lodged BUNGALOW SALES By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore IT is barely two months before 2014 ends and just two bungalows in the Sentosa
      Source: URA; SISV; CBRE Research as at Nov 4  -  1,119 words
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      Lock icon Frasers Centrepoint fetches S$30m for new Holland Park GCB
      405 17  -  Price works out to around S$1,989 psf based on land area of 15,080 square feet By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore FRASERS Centrepoint is said to have granted an option for the sale of a brand-new Good Class Bungalow in Holland
      405 words
    • Article, Illustration
      Lock icon Exec condo along Punggol Waterway launched
      388 17  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore DEVELOPER Kheng Leong on Thursday announced the launch of The Terrace, an executive condominium (EC) beside Punggol Waterway. Indicative prices are, on average, between S$770 and S$840 per sq ft (psf). The developer declined to provide more specific
      PHOTO: KHENG LEONG  -  388 words
    • Article
      Lock icon GIC to invest NZ$1.04b in five New Zealand shopping malls
      274 17 Deal follows its tie-up with an NZ property trust to coinvest in Auckland assets BLOOMBERG Sydney SINGAPORE’S sovereign wealth fund GIC will buy a 49 per cent stake in five malls in New Zealand from Scentre Group in a transaction
      BLOOMBERG  -  274 words
    • Article
      Lock icon HDB resale prices up for the first time this year
      397 18  -  Consultants say October rise not a turnaround sign and expect prices to stay soft due to loan curbs By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore HOUSING Development Board (HDB) resale prices rose a slight 0.1 per cent in October compared to
      397 words
    • Article, Illustration
      Lock icon Soaring land prices in Manila spark property bubble concerns
      850 18 BLOOMBERG Manila RECORD bids for two plots of land in a Manila business district have lifted prices to a 17-year high, raising concerns that a property bubble is forming. The 1,600-square-metre site in the former military camp of Bonifacio fetched 732.8
      BLOOMBERG; PHOTO: BLOOMBERG  -  850 words
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      264 18 Maximisingspacewith creativedesign N To maximise space, furniture chosen for the rooms were picked on clean simple lines to give the appearance of less clutter. Mr Lee adds:“The modern minimalist style is very popular right now. Many of our clients request for this look in the design of their homes.” If
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      253 18 INFERIOR H W VEST SIGN HDB License: HB 10-3172B n November special wardrobe promoiion Sign up our new renovation package, you can have an identical wardrobe design, as below. 8 ft Casement Wardrobe Design 8 ft Sliding Wardrobe Design a 1 m m sill In' Hum up,Han't miss it While
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      1020 19 D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa 3½-Storey 8159 sqft,6+1 ensuite, 2 living, Pool, Lift, Berth. Also for rent. Owner 9144 0027/ 9771 6341 D09 HOUSE FOR SALE JALAN KAYU MANIS Rare!!! Prime Location! 2-sty Inter-Terr, 1650 sf F.H Orchard, 1min Lucky Plaza. Grace 9274 4930 D14 HOUSE FOR SALE
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      183 19 D22 FACTORY FOR SALE TRADEHUB 21 Best Investment! Blk 24, row of 7 terrace units x 3853 sf, 2-sty. Tenanted with avg 5% yield. With fitted offices. Offer whole lot at valuation secures. D03 FACTORY FOR RENT HENDERSON BUILDING 1238 sqft. Well fitted, Central aircon car park. View to offer/980-3000sqft.
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  • VEHICLES
    • Article, Illustration
      Lock icon The perfect reward for a lifetime of hard work
      412 20 Owner: Mr Lim Ah Suay, 53, founder of Hong Ji Bak Kut Teh oming from humble beginnings, I understand the pains of earning just an extra dollar. Spending $190,000 on this big-ticket item in 2010 was definitely not something I was
      412 words
    • Article
      Lock icon Truly a class for Excellence and Elegance
      453 20 J oeis Tan says: While most have the opinion that a downsizing in engine size means less performance, or a lacklustre aural note, the Mercedes E250 CGI 2010 has proven that the skeptics cannot be any more wrong. The E-class range from the
      453 words
  • Page 20 Advertisements
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      530 20 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The Business Times CLASSIFIED BUY II SELL II FIND IT AUDI FOR SALE AUDI Q5 2.0 QUATTRO Added options! Nov’09 Audi Q5 2.0 Quattro, white, solely agent maintained, 1 year warranty, neg. Cosmo Automobiles 6465 1090 BMW FOR SALE BMW 320I 4/07
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      192 20 SPORTS/ COUPE/ CABRIOLET FOR SALE ASTON MARTIN V8 VANTAGE 01/2008. Red leather interior, alcantara roof, Gruppe M intake etc. Agent unit, low mileage of 32,000km. AutoInc: 6338 0123 9111 9650 TOYOTA FOR SALE TOYOTA PREVIA 2.4A Dec 2010 Previa 2.4A. Fully maintained by Borneo Motors, 5yrs warranty. 1 owner. Flexible
      192 words
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  • LIFESTYLE
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      Lock icon Beat chronic disease with real food
      794 21  -  By Mark Bittman NYT If I ask you what constitutes "bad" eating, the kind that leads to obesity and a variety of connected diseases, you're likely to answer, "Salt, fat and sugar." This trilogy of evil has been drilled into us for decades, yet
      NYT  -  794 words
  • Page 21 Advertisements
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      482 21 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements the Business Times CLASSIFIED BUY IT SELL IT FIND IT ARTS CRAFTS ONE-STOP SOLUTION FRAMES MAKING Geomancy painting are avail. Delivery installment. Thian Hwa Art Frame Makers. 462 Crawford Lane #02-53 (beside Textile Ctr). *****294 ARTS CRAFT GEOMANCY PAINTING One stop solution
      482 words
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      124 21 LEISURE SPECIAL INTEREST JEWELRY MAKING COURSES More than 200 designs to learn from course fix to fit your busy schedule Tel: 9637 2532 www.beadtlesweet.com PETS PET CARE PETAS PET SHOW 7-9 Nov 2004 Downtown East: Dogs, Cats, Birds, Fishes, Small Animals, Pet foods Accessories Pet Insurance, etc. *****647/ www.petas.org.sg PETS
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  • GOVERNMENT & ECONOMY
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      Lock icon ECB keeps rates unchanged, ready to do more if needed
      844 22 OECD asks the central bank to ‘do whatever it takes’ to revive the economy, begin purchasing govt bonds REUTERS BLOOMBERG Frankfurt EUROPEAN Central Bank (ECB) members are all prepared to take more policy action if necessary and the bank’s staff
      REUTERS; BLOOMBERG; PHOTO: AFP  -  844 words
    • Article
      Lock icon Apec set to launch study on China-backed free trade area
      635 22 REUTERS Beijing LEADERS will agree to launch a study on a China-backed free trade area at next week’s Asia-Pacific Economic Cooperation (Apec) meeting here, an APEC official said, amid controversy over competing US and Chinese visions for regional trade. China
      REUTERS  -  635 words
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      Lock icon Luxembourg tax deals with global firms under fire after leaks
      697 22 Revelation comes at an awkward time for former premier Jean-Claude Juncker, the new head of EU’s executive arm AFP Luxembourg LUXEMBOURG came under fire on Thursday after leaked documents revealed its huge tax avoidance deals with hundreds of top global
      AFP  -  697 words
    • Article, Illustration
      Lock icon Anti-haze body eyes launch of tracking portal
      466 23  -  The platform will combine real-time thermal hotspots, wind direction, land use and, where possible, concession maps By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore WITH the recent resurgence of haze in Singapore visible through the conference room’s clear windows on Thursday, it seemed quite
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    • Article
      Lock icon BOJ adopts shame gauge in search of higher ROE
      466 23 BLOOMBERG Tokyo BURIED amid the surprise stimulus by the Bank of Japan (BOJ) last week was a footnote: the central bank will start using an equity gauge designed to shame the nation’s companies into becoming more profitable. The BOJ can buy
      BLOOMBERG  -  466 words
    • Article
      Lock icon Jobs in Australia up in October
      335 23 BLOOMBERG Sydney AUSTRALIA added more jobs than projected in October and unemployment held steady while doubts remained about data showing big swings in state jobless rates. The number of people employed rose by 24,100, compared with economists’ forecast of a 20,000 gain, a statistics
      BLOOMBERG  -  335 words
  • Page 22 Advertisements
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      175 22 v- W 1 V 1 %ri^: DINNER DANCE AT MARINA MANDARIN CORPORATE PACKAGES AVAILABLE NOW Book your event with us and be ready for a great time, we’ll take care of the rest. Dinner events for the month of December 2014 January 2015 enjoys a further 15% discount. "Terms and
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      4253 23 The Business Times L T/^VT'T/nj 1 P Toll free 1800-289-8822 M I I Email notices@sph.com.sg J B V j B j il www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NCAP3 (SINGAPORE) PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****6947W NOTICE
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      231 23 Companies Winding-up No. CWU 12/2014 In the Matter of THE COMPANIES ACT (CHAPTER 50) And In the Matter of AIR CARGO LOGISTICS ASIA PTE. LTD. (IN COMPULSORY LIQUIDATION) COMPANY REGISTRATION NO. *****7776W (Under the Order for winding-up the abovenamed Company dated the 11 th day of April 2014). Notice is
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  • OPINION
    • Article
      Lock icon International trade is where Obama, Republicans find common ground
      502 24 EDITORIAL ONE doesn’t have to be a Washington “insider” to recognise that US President Barack Obama will be starting the last two years of his second term in office with much less political capital. Like any White House occupant who is
      502 words
    • Article
      Lock icon Death by data in American politics
      763 24  -  THE BOTTOM LINE By David Brooks NYT OVER the past decade or so, political campaigns have become more scientific. Campaign consultants use sophisticated data to micro-target specific demographic slices. They select their ad buys more precisely because they know which political niche is watching
      NYT  -  763 words
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      Lock icon GEARING UP FOR MALAYSIA GST
      1077 24  -  Singapore businesses operating across the Causeway should start soon as there’s much to be done so as to avoid penalties for non-compliance. BY LAM KOK SHANG AND GAN HWEE LENG non-compliance.BY LAM KOK SHANG, GAN HWEE LENG T The writers are respectively partner head and
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    • Article
      Lock icon Taking recruitment to the next level
      849 25  -  COMMENTARY By Blaise Habgood T The writer is business development director at Randstad Sourceright Asia Pacific IN today’s evolving world of work, organisations are increasingly looking to hire specialised individuals, increase their workforce scalability, flexibility and efficiency, and save costs in a bid to
      849 words
    • Article
      Lock icon Are busy directors cutting corners or really supermen in suits?
      818 25  -  LETTER TO THE EDITOR Mak Yuen Teen I REFER to “Multiple directorship issue not as big a problem as perceived: study” (BT, Nov 5), on The Singapore Directorship Report 2014 published by the Singapore Institute of Directors (SID) and Institute
      818 words
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      Lock icon WHAT JUNCKER TEAM MEANS FOR SINGAPORE
      1095 25  -  Several new players in Brussels are of particular importance for Singapore, given the intensifying web of interaction between the EU and the Republic. BY MICHAEL PULCH Singapore, BY MICHAEL PULCH T The writer is the EU Ambassador to Singapore ON Nov 1, JeanClaude Juncker,
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      103 25 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
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  • Article
    Lock icon Shipping times
    1716 26 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 SEIYO SPRING 1 60 12/11 14/11 17/11 19/11 EMERALD CORAL 84 60 25/11 27/11 30/11 MALAYSIA
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      293 26 C a ila n E n n o r e J e d d a h B r is b a Shanghai Chittagong n e Ho Chi Minh H o n g K o n g J e b e NYK RORO (ASIA) PTE. LTD. REGULAR SERVICE TO Persian Gulf,
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  • BT Lifestyle
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      Lock icon RESURRECTION
      667 27  -  Jade House comes alive Step aside, heritage buildings and old coffeeshops. The new real estate catchword is ‘abandoned’ or ‘disused’. BT Lifestyle speaks to three groups who have taken it upon themselves to breathe new life into unlikely old spaces By Rachel Loi LATENT SPACES IF YOU can’t find
      667 words
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      Lock icon Golden Theatre goes indie
      609 27  -  By Rachel Loi rachloi@sph.com.sg @RachelLoiBT THE PROJECTOR THE Golden Theatre at Golden Mile Tower, with its 1,500 seats, was the biggest cinema in Singapore back when it opened in 1973. At the time, people went there for Chinese movies, and it was a popular haunt until
      PHOTOS: PHILIPP ALDRUP, FARM  -  609 words
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      Lock icon Artistic pasar malams
      658 27  -  By Lisa Fratini lfratini@sph.com.sg THE LOCAL PEOPLE ROOFTOP carparks. Hidden alleyways. Where there’s an unlikely space, you can be sure The Local People will be there to set up yet another of their popular pasar malams, or night markets. Last Saturday, the art collective mobilised over 90
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    • MUSIC CINEMA
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        Lock icon Unplugging to say goodbye to his fans
        773 28  -  American singer-songwriter and regular visitor to Singapore Jason Mraz goes back to basics for his new album and possible farewell tour. BY DYLAN TAN CONCERT BY DYLAN TAN dylantan@sph.com.sg @DylanTanSYBT JASON Mraz is literally unplugging his guitar in every sense of the word.
        773 words
      • Article, Illustration
        Lock icon Confusing journey – but still worth taking
        716 28  - Confusing journey but still worth taking CINEMA By Geoffrey Eu GRAVITY (the force that keeps us all grounded, that is, not last year’s award-winning film of the same name) plays a critical role in Interstellar the hugely ambitious, visually stunning and intricate new sci-fi thriller from Christopher Nolan. Given the
        716 words
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        Lock icon Taiwanese heartthrob faces naked truth
        362 28  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT ETHAN Ruan might be used to setting his female fans’ hearts aflutter with his boyish good looks, but the clean-cut Taiwanese heartthrob got a taste of his own medicine while shooting his latest film, Paradise in Service, which opened in
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        Lock icon Before I Go to Sleep evokes a big yawn
        532 28  -  By Geoffrey Eu A NAKED woman wakes up one morning in a stranger’s bed. She doesn’t know where she is or who the man sleeping next to her is, but that’s not the worst of it because you see, she doesn’t
        532 words
    • ARTS
      • Article, Illustration
        Lock icon Never too late for romance
        747 29 Joel Tan’s play, The Way We Go, looks at love encountered at different ages, in different ways. BY LISA FRATINI THEATRE lfratini@sph.com.sg SINCE his debut in 2011 with A Family Outing, playwright Joel Tan has been steadily carving a name for himself in the Singapore
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        Lock icon Being able to showcase talents
        523 29  -  MUSICAL By Cheah Ui-Hoon uihoon@sph.com.sg IT won’t be a variety show, but a host of “differently abled” performers will showcase their talents this Saturday in the original musical, A Nation In Concert 2014: A Wetlands Adventure. “The challenge was to weave a narrative around their
        FILE PHOTOS  -  523 words
      • Article, Illustration
        Lock icon Peter Pan, like you’ve never seen him before
        569 29  -  By Georgine Verano PETER Pan, the classic tale of the flying boy who never grows up, has been told in so many ways from the popular Disney cartoon to the recent TV mini-series, Neverland. Now it takes flight at Resorts World Sentosa
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      • Article, Illustration
        Lock icon Esplanade reflects on Singapore’s coming of age
        723 30  -  The national arts centre’s SG50 celebration is decidedly mellow as it digs into the past to revisit ‘discarded’ local treasures. BY HELMI YUSOF PERFORMING ARTS BY HELMI YUSOF helmi@sph.com.sg @HelmiBT ESPLANADE’S CEO Benson Phua had the perfect metaphor for his point: The late
        FILE PHOTOS; PHOTO: JOHN HENG  -  723 words
      • Article, Illustration
        Lock icon Images on a metallic medium
        537 30  -  PHOTOGRAPHY By Rachel Loi rachloi@sph.com.sg @RachelLoiBT FOR American photographer H Hugh Miller, choosing the right medium for his works has always been as important as the composition and style of the individual images themselves. That is why his works have so far been printed on
        537 words
      • Article, Illustration
        Lock icon Saving the last of our dragon kilns
        790 30  -  CERAMICS By Cheah Ui-Hoon uihoon@sph.com.sg SINGAPORE’S ceramic artists are determined not to let the island’s last two remaining dragon kilns fade away as they rally together to support the second Awaken the Dragon festival later this month. They have even turned to crowdfunding
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    • CITY LIFE
      • Article, Illustration
        Lock icon Hot Scotch
        712 31  -  With the opening of The Whisky Library, whisky connoisseurs now have a new place to shop for rare single malts. BY TIONG LI CHENG BY TIONG LI CHENG “ACUSTOMER just walked in looking for whisky made in 1964 because he was buying a birthday gift for someone born
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      • CITY BUZZ BT writers' picks of what to see, do or talk about
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          Lock icon PACKING A PUNCH
          389 31  -  By Dylan Tan MMA Battle of Lions ONE Fighting Championship (ONE FC) is shaping up to be a heavyweight in the Mixed Martial Arts (MMA) scene as it gears up for its biggest bout ever with Battle of Lions. The main event on the fight card will
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          228 31  -  By Helmi Yusof Midsummer Night’s Dream The course of true love never did run smooth, but rarely does it stumble and lurch as charmingly as in Shakespeare’s A Midsummer Night’s Dream. The Bard’s most popular romantic comedy will be staged this time by the famous Shakespeare’s Globe Theatre, no
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          236 31  -  By Rachel Loi Glympse www.glympse. com Allowing someone to track your location 24/7 sounds like a creepy concept, but what if you could give them just a Glympse of it? Glympse is a Seat-tle-based app that allows users to share their location and movement speed temporarily for up to
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          201 31  -  By Tay Suan Chiang hansel The Providence Gallery art prints Fans of Singapore’s beloved fashion label, hansel, can now take their favourite designs from the runway and into the home. Together with The Providence Gallery, a local online art gallery, hansel’s designer Jo Soh introduces a specially curated collection
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          161 31  -  By Tay Suan Chiang Magis Hero Pups Charity Auction It doesn’t matter if you are a dog lover or a design buff, how about doing your bit for charity? Furniture retailer Xtra is running a silent action with the objective of raising funds for Action for Singapore Dogs (ASD)
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      65 29 Collectors Gallery Clearance Sale More than Asian Contemporary Artworks Paintings, Sculptures and Photographs AjiYudalaga, Bailao, BudiUbrux, Deddy Paw, Hui Xin, Liu Wei, Nyoman Suputra, Sabri, Saftari, Takashi Murakami, Wang Chaogang, Xie Dongming,Yin Kun, Zhao Nengzhi, Zhou Chunya, and many more... Galleries and Dealers are welcome All Must GO!! Monday to
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      387 29 CRYPTIC CROSSWORD Across 1 Excellent companion a politician and I will get on (8) 5 Sound of drunken sailor in unruly incident at the controls (6) 9 A Parisian suit’s beginning to get greasy—so clean (8) 10 Very little time for measuring the pulse? (6) 12 One can tell what
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      108 32 FOUNDED IN 1755 IN GENEVA ,VX IS III m ii ill i it** •SV5 ■> :.'v. '•'•v.=V. CONSTANTS he«o« Vv' VAC 's -w\' 'V. wv- x K .s H 6SS G t'HEvr IA HTlH i i I I t HI K i >r ccvsyffw 1 rf r »S* #/fit *x
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