The Business Times, 14 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, November 14
    28 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    244 1 Asean and US economic engagement needs more substance than just talks, Prime Minister Lee Hsien Loong said after the 25th Asean Summit wrapped up in Nay Pyi Taw, Myanmar. The 10-member regional grouping already has a free trade agreement separately with India, China, Australia and New Zealand but
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  • Article
    Lock icon MARKETS
    26 1 Thursday Change STI 3,304.93 (+21.22) KL COMP 1,815.81 (-0.43) NIKKEI 225 17,392.79 (+195.74) HANG SENG 24,019.94 (+81.76) SHENZHEN B 969.41 (-1.39) DOW(9.30am EST) 17,618.69 (+6.49)
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  • Article, Illustration
    Lock icon Oil slide to give global growth a push
    828 1  -  Observers say Asia’s energy importers are most likely to benefit from the fall in prices By Teh Shi Ning tshining@sph.com.sg @TehShiNingBT Singapore SINKING oil prices may spell gloom for producers but may be just what global growth needs. As oil prices sank
    Source: Bloomberg  -  828 words
  • Article
    Lock icon Perpetual bonds back in favour
    833 1  -  By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore PERPETUAL bonds are enjoying a massive revival as investors turn to them for their higher yields, ignoring the broader market anxiety over rising interest rates. On Wednesday, Ezion Holdings sold S$150 million perpetual bonds offering a 7 per
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      Lock icon Page 1 Advertisements Column 1
      91 1 *****4 NEW PROJECTS CapitaLand targets new integrated projects in Asia REAL ESTATE 17 BT CLASSIFIEDS Real estate, vehicles, lifestyle /18-21 SEASON OF LAUGHS Singapore’s best stage comedians return to tickle your funny bone BT LIFESTYLE 32 ONLINE ONLY Read Boardroom Matters, a series of articles from the Singapore institute of
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  • TOP STORIES
    • Article, Illustration
      Lock icon Asean-US economic engagement should go beyond just talk: PM Lee
      657 2  -  He suggests developing the Expanded Economic Engagement, mooted by the US in 2012, to give it substance ASEAN SUMMIT Reports by Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Nay Pyi Taw, Myanmar ASEAN and US economic engagement needs more substance than just
      PHOTO: LIANHE ZAOBAO  -  657 words
    • Article
      Lock icon Asean tipped to keep medium-term growth: Report
      581 2 ASEAN is tipped to maintain its pace of economic growth in the medium term, even as the rest of emerging Asia takes a breather. The regional grouping is projected to grow an average 5.4 per cent yearly in 2014-18, against 5.5 per cent
      581 words
    • Article
      Lock icon SGX stoppage inquiry takes step forward
      387 2 Singapore THE inquest into the trading breakdown at the Singapore Exchange (SGX) earlier in November has taken a step further, with the terms of reference set for the board committee of inquiry (BCOI), SGX said on Thursday. The BCOI has been tasked to oversee
      387 words
    • Article
      Lock icon Leading development banks wary of new EM entrants
      645 4  -  They issue joint statement touting their experience in the business of lending for infrastructure projects By Anthony Rowley btworld@sph.comsg Tokyo IN AN extraordinary show of solidarity and defensiveness, the world's leading multilateral development banks and the International Monetary Fund (IMF) have warned
      645 words
    • Article, Illustration
      Lock icon China’s slowdown deepens in October
      656 4 REUTERS Beijing CHINA’S economy lost further momentum in October, with factory growth dipping and investment growth hitting a near 13-year low, testing the government’s resolve to avoid stronger stimulus measures. The soft performance cemented the view that China is on track to grow at its
      REUTERS; PHOTO: REUTERS  -  656 words
    • Article
      Lock icon South Korea refiners consider legal action over OW losses
      545 4 REUTERS Seoul SOUTH Korea’s two major refiners are considering legal action to recover losses tied to the collapse of the world’s largest marine fuel supplier, Denmark’s OW Bunker, which has started winding up its Singapore unit, industry sources said on Thursday.
      REUTERS  -  545 words
    • Article, Illustration
      Lock icon Meeting to focus on challenges facing global economy: MFA
      585 5  -  Tony Abbott: Concrete outcomes needed to validate relevance of G-20 G-20 SUMMIT By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Brisbane PRIME Minister Lee Hsien Loong’s busy itinerary will take him to Australia this weekend for another major gathering of world leaders. Fresh from
      PHOTO: BLOOMBERG  -  585 words
    • Article, Illustration
      Lock icon Australia spares no expense on security moves
      456 5  -  By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Brisbane AUSTRALIA is hosting the largest gathering of world leaders in its history this weekend, and it is spending over A$100 million (S$112.5 million) just on security alone to protect them around the clock. Among the top ignitaries
      PHOTO: AFP  -  456 words
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      Lock icon Page 2 Advertisements Column 1
      160 2 STARHHi GALLERY jg5==k A JOURNEY THROUGH TIME 2 1 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
      160 words
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      Lock icon Page 2 Advertisements Column 2
      37 2 Shop ONLINE www.oaks.com.sg It's A 'Discovery! The layers of taste evolve and resonate with an elegant smoky finish... s Johnnie Walker Blue Label A Blend of Johnnie Walker Rarest Whiskies SINGAPORE wine shop Usual: SS35Q.00 NOW! S$280.00
      37 words
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      156 4 Better manage the shadow plays in business by shining the light of true understanding NUS Business School Executive Education programmes Authentically Asian insights EXECUTIVE EDUCATION UPCOMING PROGRAMMES LEADING FROM ASIA Leading Transformational Change 13 17 Apr 2015 Negotiations Influence in Asia 16 20 Mar 2015 Accounting Finance for Non-Financial Managers
      156 words
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      Lock icon Page 4 Advertisements Column 2
      31 4 4Want access to BBQ pits? If you're looking for your dream condo complete with facilities, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988.
      31 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon Robust Q2 performance boosts SingTel earnings
      794 6  -  Profit up 19.3% at S$1.04b, backed by higher revenue, better showing from units and exceptional gains By Joyce Hooi joyceh@sph.com.sg @JoyceHooiBT Singapore SINGAPORE Telecommunications (SingTel) posted perkier results for its second quarter ended Sept 30, 2014, with net profit up 19.3 per cent at
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    • Article
      Lock icon KrisEnergy ready for oil volatility
      479 6  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore OIL and gas firm KrisEnergy is prepared, to a certain extent, for volatility in oil prices by having a mixed portfolio of oil and gas production with gas usually tied to long term contracts plus a combination of royalty/tax
      479 words
    • Article
      Lock icon Watch the watchmen on insider trading
      352 6  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore WHEN it comes to insider trading, the watchmen need to be watched as well, says a paper published in a recent edition of the Journal of Law and Economics. Supervised industries in the United States showed more signs
      352 words
    • Article
      Lock icon Frasers Centrepoint hit by one-off items
      654 8  -  Full-year profit dives 31% to S$500.7m; revenue up 33%, fuelled by project completions By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore ONE-OFF items led net profit at Frasers Centrepoint Ltd (FCL) to fall 31 per cent to S$500.7 million for the full year ended Sept 2014.
      654 words
    • Article
      Lock icon First Resources posts 16.1% fall in Q3 profit
      303 8  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore FIRST Resources reported a 16.1 per cent slide in net profit to US$43.14 million for the third quarter ended Sept 30 on the back of lower average selling prices of crude palm oil and its refined
      303 words
    • Article
      Lock icon Eastern Holdings reports 94% plunge in H1 earnings but declares 13-cent dividend
      393 8  -  By Michelle Quah michquah@sph.com.sg @MichelleQuahBT Singapore MEDIA and property company Eastern Holdings saw its net profit plummet 94.2 per cent for the first half ended Sept 30, 2014, but chose to declare a relatively hefty special dividend of
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    • Article
      Lock icon ComfortDelGro’s Q3 profit rises 5.3%
      509 8  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore BOOSTED by a broad-based increase in revenue, land transport giant ComfortDelGro reported a net profit of S$80.8 million for the three months ended Sept 30, 2014, up 5.3 per cent from S$76.7 million a year ago. Revenue grew 6
      509 words
    • Article
      Lock icon QAF more than doubles Q3 earnings
      415 8  -  Ilu l"||o|r| \Ii Il|ll\In yiwenc@sph.com.sg (mr‘h:mVi\AInn|2T Singapore QAF more than doubled its net profit for the three months ended Sept 30 from a year ago, as a result of increased profitability across all its business segments, particularly in its Australian pork business, Rivalea. The
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    • Article
      Lock icon Pac Radiance Q3 buoyed by higher vessel gain
      345 8  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore OFFSHORE marine services firm Pacific Radiance’s bottom line received a 24 per cent boost, as the firm posted a US$13.07 million net profit for the third quarter ended Sept 30 due to increased gains from sale
      345 words
    • Article, Illustration
      Lock icon Ho Bee’s recurring income strategy pays off
      554 9 Q3 net profit shoots up 83.7% to S$13.45m as turnover surges 64.8% to S$26.82m Singapore HO Bee Land’s strategy of building a strong recurring income base has borne fruit as seen in its third-quarter financial report card. Net earnings rose 83.7 per cent
      554 words
    • Article
      Lock icon SATS Q2 profit falls 3.3%
      322 9  -  By Joyce Hooi joyceh@sph.com.sg @JoyceHooiBT Singapore SATS Ltd posted a 3.3 per cent decrease in net profit to S$47.1 million for the second quarter ended Sept 30, 2014, after the market closed on Thursday. Operating profit was also lower, declining by 8.8 per cent to
      322 words
    • Article
      Lock icon Hour Glass emerges stronger in Q2
      273 9  -  By Carine Lee carinel@sph.com.sg @CarineLeeBT Singapore THE Hour Glass on Thursday said its net profit for the second quarter ended Sept 30 rose 24 per cent year-on-year to S$ 11.75 million. Revenue for the luxury watch retailer increased 3 per cent to S$ 164.83
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    • Article
      Lock icon Beer helps F&N to slight growth, but hangover looms
      348 9  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore A STRONG serving of beer helped Fraser and Neave (F&N) to overcome weakness in the drinks supplier’s other business lines, but the possibility of a hangover hangs over the company’s full-year results. Even with strong
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    • Article
      Lock icon Religare Health Q2 distribution income up
      266 9  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore RELIGARE Health Trust has posted an income available for distribution of S$14.35 million in its second quarter for fiscal year 2015, up 22 per cent from S$ 11.72 million in the corresponding quarter last year. Total revenue for
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    • Article
      Lock icon Property cooling moves pose challenge: 3 firms
      345 9  -  By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore THE property cooling measures will continue to exert pressure, making the operating environment challenging, said three firms on Thursday, as they released their results for the three months ended September. Sing Holdings, saying it will monitor the
      345 words
    • Article
      Lock icon Investment gains boost Haw Par Q3 net
      284 9  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore CONGLOMERATE Haw Par Corp posted a 19.2 per cent net profit increase in its fiscal third quarter as solid investment returns more than offset weakness in its property and leisure businesses. The company earned S$26.6 million, or
      284 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 10 STI Catalist Straits Times index NOV 13,2014 3,304.93 +21.22 (+0.65%) Current streak 1 day Day high 3,312.89 Day low 3,285.08 52-week high 3,374.06 (July 31, 2014) 52-week low 2,960.09 (Feb 5, 2014) FTSE ST Catalist index NOV 13,2014 777.35 -2.76 (-0.35%) Current streak 8 days Day high 784.07 Day low
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    • Article, Illustration
      Lock icon STI steady, up 0.7% in mixed backdrop
      689 10  -  Index’s 21.22-point gain after 2 straight losing sessions comes despite soft China data and Wall Street’s overnight retreat STOCKS By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT THE local bourse’s key Straits Times Index displayed some resilience on Thursday and capped two days of straight losses
      689 words
    • Article
      Lock icon STI STOCKS
      310 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 227 -1 231/227 250 206 6.3 5735.6 CapitaLand 322 +6 324/315 348 268 16.1 2.5 *****.8 CapitaMall Trust 196.5 +1 198.5/196 209 180 5.2 6815.2 CityDev 953 +17 958/931 1118 860 12.9
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    • Article
      Lock icon MOST ACTIVE
      37 10 VOLUME Golden Agri-Res 188,268,000 IHC 103,786,000 SIIC Environment 101,942,000 OLS Enterprise 77,880,000 United Envtech 75,840,000 Market volume 1,739,419,000 VALUE United Envtech 121,454,100 SingTel 89,803,745 Golden Agri-Res 88,750,520 DBS Grp 62,369,560 UOB 50,762,870 Market value 1,236,421,000
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    • Article
      Lock icon SGX ETFs
      111 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap Nikko AM STI ETF 340 +4 450 341/337 345/300 338/340 8.2 UETF SSE50China 170 +2 365 171/169 171/140 170/171 53.1 IS MS India US$ US770 -1 194 775/770 779/541 768/770 96.3 STI ETF 334 +2 178
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Nov 13 VALUE CLOSE BT OB/OS -11.00 +48.00 BT CADI -*****.00 +26.00 BT 10-day MA -*****.00 -1.00 FTSE ST Mid Cap 749.01 +0.78 FTSE ST Small Cap 519.22 +2.33 FTSE ST All Share 796.68 +4.32 FTSE ST China Top 191.74 +1.58 FTSE ST China 224.84 +1.42 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 13,2014 796.68 +4.32 (+0.55%) Current streak 1 day Day high 798.20 Day low 792.84 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 12,2014 1,808.76 -5.40 (-0.30%) Current streak 1 day Day high 1,823.68 Day low 1,804.22 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 7 5 4 0 0 0 7 5 4 Manufacturing 38 40 45 9 7 10 47 47 55 Commerce 20 19 14 5 4 6 25 23 20 Tpt/Stor/Comms 22 8 10
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 15,258 15,258 69,097 69,097 Manufacturing 149,041 61,423 210,464 93,871 4,659 98,530 Commerce 81,671 57,171 138,842 81,717 2,986 84,703 Tpt/Stor/Comms 73,601 12,489 86,090 161,356 2,742 164,098 Finance 25,015 449 25,464 168,531 94 168,625 Construction 24,565 28,085
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    • Article
      Lock icon GAINERS
      80 10 BY CENTS CLOSE UP 52w high/low Lyxor ThaiSET US$ ***** 157.7 0.9 *****/***** SPDR DJIA US$ ***** 107.3 0.5 *****/***** SPDR S&P500 US$ ***** 107.3 0.4 *****/***** DBXT AUDCS SG$ ***** 103.0 0.4 *****/***** DBXT AUDCS US$ ***** 80.1 0.3 *****/***** BY PERCENTAGE CLOSE UP 52w high/low China Essence
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    • Article
      Lock icon LOSERS
      78 10 BY CENTS CLOSE DOWN 52w high/low DBXT iBoxxKR US$ ***** -108.6 -0.6 *****/***** DBXT USDIGIfl US$ ***** -67.2 -0.2 *****/***** DBXT MSEurope US$ 5667 -58.2 -0.8 6492/5366 GLD US$ ***** -58.2 -0.4 *****/***** DBXT E50 US$ 4802 -55.6 -0.9 5630/4637 BY PERCENTAGE CLOSE DOWN 52w high/low Digiland Intl 0.1
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    • Article
      Lock icon UNUSUAL ACTIVITY
      80 10 VOL CLOSE($) CHANGE Santak 8.0 0.360 -0.030 -7.69 United Envtech 75,840.0 1.605 +0.090 +5.94 Next-Gen Sat^ 19,906.0 0.004 +0.001 +33.33 Spura Finance 587.0 1.100 -0.060 -5.17 CFM 210.0 0.080 -0.010 -11.11 Eastern 298.0 0.305 -0.035 -10.29 Smartflex 5,678.0 0.188 -0.005 -2.59 Golden Agri-Res 188,268.0 0.470 -0.040 -7.84 Samko
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    • BROKERS’ TAKE
      • Article
        Lock icon City Developments
        132 10 Hold Nov 13 close: S$9.53 Target price: s$9.47 DMG Partners Research, Nov 13 WE expect it will take some time before City Developments’ (CDL’s) overseas residential projects start to contribute to earnings. In China, CDL is still awaiting the launch of Eling Residences and Suzhou HLCC, depending on
        132 words
      • Article
        Lock icon Biosensors Int’l
        153 10 Hold Nov 13 Close: S$0.605 Target price: S$0.66 CIMB Research, Nov 12 Q2 2015’s dismal earnings are the worst since commercialisation of its first drug-eluting stent (DES). While rivals in China saw DES revenue growth in China, Biosensors seemed to again struggle to see proportionate volume sales. Since
        153 words
      • Article
        Lock icon United Envirotech
        183 10  -  Compiled by Cai Haoxiang Accept Offer Nov 13 close: S$1.605 Offer price: S$1.65 DBS Group Research, Nov 13 BASED on our upgraded 2015 earnings per share of 7 cents, the offer and subsequent placement price translates to 27 times 2015 forecast earnings, which is about +1 standard deviation
        183 words
      • Article
        Lock icon CALENDAR
        9 10 DATA I 1.00 pm Singapore Retail Sales Index
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    • Article
      Lock icon Yen stuck near lows on talk of snap election
      407 11 CURRENCIES REUTERS London THE US dollar moved towards a recent seven-year high against the yen on Thursday, driven by speculation that Japanese Prime Minister Shinzo Abe will call a snap election in December. Mr Abe would be likely to be returned
      REUTERS  -  407 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 NOV 13 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.987 5.339 0.700 6.759 53.660 106.440 1.009 9.562 2.910 1.105 88.602 39.111 1.127 9.756 0.841 26.684 28.619 0.553 0.872 Canada 1.013 5.411
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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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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 NOV 13 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1262 1.1273 0.8713 0.8719 Canadian dollar 1.1416 1.1422 0.8835 0.8832 Euro 1.6101 1.6110 1.2456 1.2460 NZ dollar 1.0190 1.0197 0.7883 0.7887 Sterling pound 2.0389 2.0398 1.5774 1.5777
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 NOV 13 S$ Bid Offer 1-month 1.2927 1.2930 2-months 1.2927 1.2930 3-months 1.2925 1.2936 6-months 1.2926 1.2932 Source: OCBC
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      • Article, Illustration
        Lock icon NIKKEI
        1 11
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        368 11 NOV 13 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.00 *****.77 *****.95 Dec14 *****.00 *****.00 *****.00 *****.00 *****5 *****2 Mar15 *****.00 *****.00 *****.00 *****.00 45 2984 MSCI TAIWAN INDEX FUTURES SPOT 332.66 334.04 331.55 Nov14 330.20 333.80 329.10 333.20 ***** *****8 Dec14 330.00
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        213 11 Most active Nov 13 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Innopac Holdings W*****0 0.3 ***** 1 1 36 UOB MB eCW*****5 12.8 1.5 5300 0.1 2480 5 Rowsley Ltd W*****3 4.1 -0.1 3853 1 18 23 DBS
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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 12 Index Change Change Change Change Change Change World Preliminary 1262.6 -0.3 6.6 -0.5 5.4 -0.1 3.2 EAFE Preliminary 973.8 -0.6 1.8 -0.6 -3.6 -0.3 -5.6 Europe Preliminary 1357.8 -0.9 0.2
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 11 Nov 13 $S Offer Bid 0vernight 0.05 0.03 1-month 0.4375 0.3125 2-months 0.4375 0.3125 3-months 0.4375 0.3125 Overnight mode: 0.12 US$ 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 NOV 13 (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
        65 11 NOV 13 Nov 13 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 105.79 105.83 105.81 5-Year N*****0H 1.625 01-Oct-19 100.54 100.61 100.61 10-Year NY*****H 3.000 01-Sep-24 105.85 106.05 105.98 15-Year NY*****E 2.875 01-Jul-29 102.19 20-Year NZ*****V 3.375 01-Sep-33 107.73
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        211 11 NOV-12 Price Net change change Last Trade Agricultural Nov-12 CBOT Soybeans (US cents/bu) 1048.25 -18.25 -1.71% 14/11/2014 CBOT Soybean Oil (US cents/lb) 32.22 -0.65 -1.98% 12/12/2014 CBOT Wheat (US cents/bu) 542.75 17.50 3.33% 12/12/2014 Nov-12 LIFFE Cocoa (£/tonne) 1902.00 -39.00 -2.01% 12/12/2014 LIFFE Coffee (US$/tonne) 2038.00 7.00 0.34%
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      • Article
        Lock icon PALM OIL
        53 11 NOV 13 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 14 2214.0 346 Dec 14 2230.0 2244.0 2230.0 2208.0 2448 ***** Jan 15 2237.0 2259.0 2245.0 2219.0 ***** ***** Feb 15 2244.0 2266.0 2252.0 2228.0 7835 *****
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      568 6 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;
      568 words
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      697 8 A LEE KIM TAH INVESTMENTS PTE LTD (Incorporated in Singapore) (Co. Reg. No: *****1733K) 0OCBC Bank OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in Singapore) (Co. Reg. No: *****0032W) VOLUNTARY CONDITIONAL CASH OFFER FOR LEE KIM TAH HOLDINGS LIMITED OFFER DECLARED UNCONDITIONAL IN ALL RESPECTS AND EXTENSION OF CLOSING DATE All capitalised
      697 words
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  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      230 9 5 HDFC HOME LOANS <*fnC tAjtik bajuu) ATTENTION NRIs AND PIOs www.hdfc.com VA 1 i' u W! m IwssBi Homes starting INR 20 Lacs onwards. Of M-iQj'Joymm v/H. irii* SUNTEC SINGAPORE CONVENTION EXHIBITION CENTRE. HALL NUMBER 403.1 RAFFLES BOULEVARD. SUNTEC CITY. NEAREST MRT: PROMENADE. ESPLANADE CITY HALL. FREE ENTRY PARKING
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  • BANKING & FINANCE
    • Article
      Lock icon US discharged bankrupts still haunted by zombie debts
      1085 12 The problem, officials suspect, is that some of the biggest banks ignore court discharges NYT New York IN THE netherworld of consumer debt, there are zombies: bills that cannot be killed even by declaring personal bankruptcy. Tens of thousands of Americans who
      NYT  -  1,085 words
    • Article, Illustration
      Lock icon Bond market to benefit from Shanghai-HK stock link
      601 12 BLOOMBERG Shanghai CHINA’S plan to give foreign investors unprecedented access to mainland equities through the Shang-hai-Hong Kong exchange link has JPMorgan Chase Co pointing to an unlikely beneficiary the bond market. While fixed-income securities are excluded, the link will provide another route
      BLOOMBERG; PHOTO: AFP  -  601 words
    • Article, Illustration
      Lock icon After huge settlements, banks face higher-stake phase of forex probes
      851 12 US Justice Department may bring its first criminal charges against banks early next year: sources REUTERS New York THE US$4.3 billion in civil settlements struck between six global banks and US and UK authorities over foreign-exchange market manipulation have set
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      185 12 An Exquisite Feast of Abalone Specialities Savour the prized abalone in various Sichuan and Cantonese interpretations in the return of Si Chuan Dou Hua's popular Abalone Feast. Executed with culinary finesse, the succulent delicacy boasts robust flavours while retaining its natural sweetness and nuanced texture. Join us for an exquisite
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  • PHILANTHROPISTS FORUM 2014
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      Lock icon Laying a strong foundation to do good
      903 13  -  More families and individuals are setting up foundations to further their philanthropic ambitions. By FRANCIS KAN ambitions.By FRANCIS KAN IN trying to make a social impact in his home country of Indonesia, Victor Hartono believes in appealing to all aspects of human nature,
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      Lock icon Seeking a double bottom line
      749 13  -  By Francis Kan ONE of the hottest buzzwords in philanthropy is impact investing, a form of investment that seeks both financial and social returns. The Rockefeller Foundation coined the term in 2008, and the excited chatter over this concept has started to translate into concrete
      749 words
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      Lock icon The road ahead
      328 13 A REPORT on philanthropy’s evolving role in Asia, by the Economist Intelligence Unit (EIU) and commissioned by Credit Suisse, explores the state of philanthropy in Asia by examining the regulatory environment, the ecosystem that exists to support philanthropic activities and what lessons, if any, Asia takes from
      328 words
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      47 13 Credit Suisse No-one’s given it more thought. Whatever your philanthropic ambitions, Credit Suisse provides a bespoke service to help you make the most of your contribution. To find out more please contact us at 1 Raffles Link #05-02 Singapore *****3, call +65 6306 8000 or visit credit-suisse.com/sg/philanthropy
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon US cutback from Asia paves way for oil investment rivals
      523 14 American energy firms under pressure to reduce spending and overseas exposure, focus on home market BLOOMBERG Sydney A PULLBACK by US energy companies from Asia is opening the door for competitors looking to snap up unwanted oil and gas assets
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    • Article
      Lock icon Shell Refining Malaya plunges to RM200m Q3 loss
      455 14  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur STOCKHOLDING losses of nearly RM154 million (S$59.6 million) on the back of slumping oil prices have pushed Shell Refining Company (Federation of Malaya) Bhd to a loss after tax of RM200 million for the third quarter
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    • Article
      Lock icon Petronas, 2 other firms begin extracting gas from field off Sabah
      539 14  -  Output expected to ramp up to 500m standard cubic feet of natural gas per day by April 2015, says M’sian oil giant By S Jayasankaran btworld@sph.com.sg Kuala Lumpur MALAYSIA’S national oil company, Petroliam Nasional or Petronas, has announced that
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      80 14 NOW YOU CAN STOP WORRYING ab* mem IARGES A ERR J Cr I Find properties near your workplace on www.ST .sg EDITORS? PUBLISHER- OOiA EPPY Best in Mobile Media (Gold) at Asian Digital Media Awards 2012 BEST CLASSIFIED WEBSITE with over 1 million unique monthly visitors SILVER WINNER Silver at
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      200 14 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. THE HEAD FOUNDATION PUBLIC LECTURE SERIES Panel Discussion: Asian Leadership in aTGIobalising World WITH DISTINGUISHED PANELISTS PROFESSOR HENRIK BRESMAN Academic Director
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      34 14 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings
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  • TECHNOLOGY
    • Article
      Lock icon YouTube turns on subscription music service
      618 15 Music Key designed to let users listen to music without ads, and even without Internet connection AFP San Francisco YOUTUBE has introduced a long-ru-moured subscription music video service with ad-free access to tunes in a challenge to Spotify, Pandora, Apple and others. YouTube Music
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      Lock icon Samsung chases curved smartphone wave to beat flat-screen crowd
      719 15 It has to make them costeffectively, get developers to tailor apps for the new format to make money REUTERS Seoul SAMSUNG Electronics Co Ltd aims to restore its crumbling lead in the global smartphone industry in part by ramping up high-end
      REUTERS; PHOTO: REUTERS  -  719 words
    • Article
      Lock icon SAP fighting for Silicon Valley talent with face-to-face pitch
      449 15 BLOOMBERG Berlin SAP SE, the German software company with more than 13,000 employees in the US, is competing with Google Inc and Facebook Inc for top Silicon Valley graduates the old-fashioned way: a face-to-face pitch. “Not a lot of companies are
      BLOOMBERG  -  449 words
    • Article
      Lock icon Amazon to keep investing in cloud despite margin squeeze
      348 15 REUTERS Las Vegas AMAZON.COM Inc plans to build data centres in every large country over time as part of a broader investment push that will eventually make the Internet retailer’s cloud computing arm the largest part of its business. In a
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      272 15 HY’s SUMIDA PARK RESIDENCE Free air ticket to Japan (3) LIVE NEAR TO TOKYO SKYTREE J II Date 15th 16th November 2014 Time 11am to 5pm Venue: OrangeTee Business Galleria 430 Lorong 6 Toa Payoh OrangeTee Building #01-01 Singapore *****2 !r r \r Topic 7 reasons to buy property in
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  • CONSUMER
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      Lock icon JC Penney, Macy’s post lacklustre Q3 sales
      742 16 US shoppers not persuaded to spend before the holidays despite improving job numbers NYT New York JC Penney and Macy’s both reported lacklustre sales in the third quarter, the latest sign that despite low petrol prices and improving job numbers, retailers just cannot
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    • Article
      Lock icon Italian slump takes toll on start-ups
      450 16 BLOOMBERG Rome AS a three-year long economic contraction shows little sign of ending, Italians are losing the impulse to take chances. The number of businesses created in the third quarter was the lowest on record for that period, while the rate of companies collapsing
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    • Article
      Lock icon McDonald’s to open store in Kazakhstan next year
      169 16 BLOOMBERG Chicago MCDONALD’S Corp, which recently has been forced to close some restaurants in Russia, will open its first store in nearby Kazakhstan next year. The world’s biggest fast-food chain will open locations in a partnership with Kazakh businessman Kairat Boranbayev, the
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      63 16 mm# V yt. mifi rr, m Cook an egg? 50 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 Catch ZB Keywords,
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  • REAL ESTATE
    • Article
      Lock icon CapitaLand targets new integrated projects in Asia
      1024 17  -  Of 12 such developments, half will be in China and the rest could be in Singapore, M’sia, Vietnam and Indonesia By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT WITH more recurring income to be derived from a major pipeline of assets turning operational in the next
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      Lock icon Slide in China property sales eases to -1.6% in October
      398 17 But Jan-Oct investment growth in sector slows to 5-year low of 12.4% REUTERS Beijing GROWTH in China real estate investment slowed further in the first 10 months of 2014, but property sales showed some signs of improvement, indicating Beijing’s efforts
      REUTERS; PHOTO: REUTERS  -  398 words
    • Article, Illustration
      Lock icon Bank of America, Citigroup selling US$3b of soured mortgages
      476 18 Banks have accelerated sales to cut holding costs and as hedge funds, firms seek to profit from rising home values BLOOMBERG Washington BANK of America Corp and Citigroup Inc are selling multiple pools of soured US mortgages to meet demand from
      BLOOMBERG; PHOTO: AFP  -  476 words
    • Article
      Lock icon Salesforce to buy San Francisco office tower for US$640m
      551 18 It already leases about 60% of the 41-storey building in the South of Market area BLOOMBERG Seattle SALESFORCE.COM Inc, which has agreed to lease what will be San Francisco’s tallest office tower, now plans to buy its first building in the
      BLOOMBERG  -  551 words
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      Lock icon Ace Hotel creates new ‘ecosystems’ to beat rivals
      1089 19 It aims to stand out in crowded market of boutique hotels with unique experiences BLOOMBERG Los Angeles AT THE Ace Hotel in downtown Los Angeles, the line for a 1920s movie palace snakes past a gift shop selling guitar picks and skateboards.
      BLOOMBERG; PHOTO: REUTERS  -  1,089 words
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      1444 17 The Business Times Ik 1 ✓"’1 I 1 Toll free 1800-289-8822 I Email noticesasph.com. sg J V I www.sphclass.com.sg/notices In the Matter of The Companies Act, Cap. 50 And In the Matter of FLASH N SPLASH PTE LTD (Company No. *****5822H) (In Members’ Voluntary Liquidation) NOTICE OF RESOLUTIONS Notice is
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  • Page 18 Advertisements
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      545 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 SENTOSA Bungalow Sentosa 3½-Storey 8159 sqft,6+1 ensuite, 2 living, Pool, Lift, Berth. Also for rent. Owner 9144 0027/ 9771 6341 D10 HOUSE FOR SALE PEEL ROAD FH GCB
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      125 18 D15 HOUSE FOR RENT 80C MEYER ROAD Cluster bunglw. Built-in 6500 sqft. 2-sty attic basement pool. Immed. $15.5K. Also sale. Owner 9863 5635/ 9727 2996 (www.wahkhiaw.com.sg) 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
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      855 19 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The business times CLASSIFIED BUY IT SELL IT FIND IT D15 APARTMENT FOR RENT GOLDLEAF MANSION Goldleaf Mansion Telok Kurau Lor M. 3+1 bdrms. Fully furnished. Near Reputable schools, MRT. Don’t miss! Call: 9878 0111 Jess D23 APARTMENT FOR RENT THE LANAI
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      108 19 D14 FACTORY FOR RENT OXLEY BIZHUB Near MRT. Rental $1.50-$2.50 psf. B1 Industry. 1916-5748 sqft. High ceiling/ Premier Kaki Bukit. B2 Industrial. 1012-3894 sf. Must view! FOREIGN PROPERTY FOR SALE BANGSAR Exclusive FH KL Condo Bangsar, near KL Sentral Mid Valley Mega Mall. 1928 sf. 3+1 bedrooms with attached toilets.
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  • VEHICLES
    • Article, Illustration
      Lock icon How to make your car look "young" again
      934 20 In my line of work as a doctor practising aesthetic dermatology, one of my passions is helping people age gracefully by resolving age-related skin issues to enhance their appearance and well being. As a fifty-something myself, I can relate to people concerned
      934 words
  • Page 20 Advertisements
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      543 20 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The Business times CLASSIFIED BUY IT SELL IT FIND IT AUDI FOR SALE AUDI TTR 05/2008 Audi TTR S-Tronic Cabriolet Flexible Loan. High Trade In.. Fast Selling. Asking $106,800 Tel: *****331 *****591 Classic Credit Pte Ltd AUDI FOR SALE Tel; *****331 *****591
      543 words
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      134 20 SPORTS/ COUPE/ CABRIOLET FOR SALE LAMBORGHINI LP670-4 SUPERVELOCE 03/2010. Black alcantara w/ contrast stitching. Carbon fibre door panels, engine bay and more. Agent unit, 11,000km. Tel: 6338 0123 9111 9650 TOYOTA FOR SALE TOYOTA HARRIER *$159,800! Harrier 2.0 Premium. COE Full rebate. High loan avail! CarTimes Award-Winning Company (CaseTrust Be
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  • LIFESTYLE
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      Lock icon Go local when buying souvenirs
      790 21  -  By Bonnie Tsui NYT I hate shopping and I'm not alone. The sensory overload, the paralysis of too many options, the stress of haggling it can be overwhelming. But when I'm travelling in a new place, I admit to getting outsized satisfaction from unearthing just
      NYT  -  790 words
  • Page 21 Advertisements
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      127 21 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The Business Times CLASSIFIED BUY IT SELL IT FIND II ANTIQUES COLLECTIBLES FINE EXQUISITE CHINESE ANTIQUE Contemporary furniture, marble, porcelain wares, woodcarvings works of art. Pls call *****336 Khai Artistic 2 Soon Wing Rd Soon Wing Ind Bldg AUDIO VISUAL TUBE-AMP LR
      127 words
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      103 21 EDUCATION CHILDREN PIANO LESSONS Beginners and Graded Exams. Practical and Music Theory. Call Lynn 9847 1621 EDUCATION CHINESE TUITION SPECIALIST Your child deserves better results. Call *****483 for 1-1 tuition. For all levels/ areas. EDUCATION H2 MATHS PHYSICS Holiday Revision Classes (Nov Dec) by NUS Dean List (TOP 5%) Grad
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      87 21 EDUCATION TUITION A*/ A1 chinese: Motivated Ex-Teacher. Primary to JC. Chinese results proven improvements Guaranteed within one month! Mrs Lim 6585-3486 EDUCATION TUITION Ex-sch teacher bilingual, teaching sec 1-4 Chinese. Pen/brush calligraphy, Hanyu Pinyin etc. Ideal for Eng speaking family.Sms *****732,WA *****638 EDUCATION TUITION Mathematics/ Science Tuition for All Levels
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      98 21 HOME MOVERS STORAGE HOUSE OFFICE MOVERS Good price! Cleaning Disposal. Free boxes Old furniture wanted Fast reliable service Please call 8288 7488 ITEMS WANTED HANDBAGS WALLETS We Pay Cash for LV, Chanel Hand Bags and Wallets United Sq #B1-56J Tel *****383. Int’l Plaza #0171 Tel: *****725 One KM #02-27 Tel:
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      124 21 LEISURE SPECIAL INTEREST PLEASURE BOATS We Supply Quality Made Rotomould RIB/ Boats. For Commercial/ Recreation. Up To 5.5 Meter. Sole Distributor: 9634 0008. pionerboatsales.com.sg LEISURE SPECIAL INTEREST THE SELF-BALANCING UNICYCLE Suitable for Office Commuting or Leisure. Easy to Learn and Ride. Contact Cat 8379 4332 EV Friendly Services PETS PET
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  • TRANSPORT
    • Article
      Lock icon Honda discloses fifth Takata airbag-linked fatality
      542 22 Japanese carmaker expands recall after latest case resulted in death of woman in Malaysia in July AFP Tokyo HONDA announced on Thursday that an explosion involving a defective airbag killed a woman in Malaysia, bringing to five the number of deaths believed to be
      AFP  -  542 words
    • Article
      Lock icon Eurostar bets on new trains, destinations to win travellers
      398 22 REUTERS London EUROSTAR is betting on new destinations and bigger, WiFi-enabled trains to lure more passengers from aeroplanes to the undersea tunnel linking Britain and mainland Europe. Some 20 years after it first connected London and Paris by train, Eurostar on
      REUTERS  -  398 words
    • Article, Illustration
      Lock icon Panama gets last floodgates for canal expansion
      360 22 AFP Colon, Panama THE final four floodgates that will be used to expand the Panama Canal have arrived from Italy, putting the behind-schedule, over-budget project on track for completion in early 2016. Panama, which relies on the canal for about US$1 billion a
      AFP; PHOTO: AFP  -  360 words
    • Article
      Lock icon Convicted crew of capsized S Korea ferry file for appeal
      340 22 REUTERS Seoul EIGHT of the 15 surviving crew members of a South Korean ferry that capsized in April have filed for appeal against their convictions on negligence charges in the country’s worst maritime disaster in more than four decades. The
      REUTERS  -  340 words
  • Page 22 Advertisements
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      1167 22 The Business Times Ik T I 1 I TolI free 1800-289-8822 fl I I Email notices@sph.com.sg I V i j L J www.sphclass.com.sg/notices IN THE MATTER OF SECTION 210 and 328 OF THE COMPANIES ACT (Cap. 50,) AND IN THE MATTER OF TACTIC ENGINEERING PTE LTD (DEN *****1619M) NOTICE OF
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      661 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SCHRODER INVESTMENT CAPITAL (SINGAPORE) PTE. LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****4018M NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 65 Chulia Street #46-00 OCBC Centre Singapore *****3 on
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      894 22 UNITED OVERSEAS BANK LIMITED Company Registration No. *****0026Z (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATE Notice is hereby given that the following share certificate has been reported lost, destroyed or mislaid: Name Certificate No. No. of Shares Estate of Lim Sua Beng, deceased *****73-5 132 Notice is also
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon India wins US support for food scheme, ends WTO blockade
      604 23 It will lift a veto on a global agreement to streamline customs rules that will add 21 m jobs worldwide REUTERS New Delhi INDIA won US support for a massive domestic food stockpiling scheme on Thursday, rescuing the biggest global
      REUTERS; PHOTO: BLOOMBERG  -  604 words
    • Article
      Lock icon Stable outlook for emerging Asian economies: OECD
      544 23  -  They’ll grow in next 3 to 4 years, but need to manage external, domestic risks By Anthony Rowley Tokyo EMERGING Asian economies, led by China and India, should continue to enjoy “healthy” growth over the next three to four years, outpacing what is
      544 words
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      Lock icon Bank Indonesia holds key rates before Jokowi’s fuel-price move
      425 23 BLOOMBERG REUTERS Jakarta INDONESIA’S central bank has kept benchmark borrowing costs unchanged in its first meeting since President Joko Widodo took office, refraining from tightening policy before the government raises fuel prices. Bank Indonesia governor Agus Martowardojo and his board left
      BLOOMBERG; REUTERS  -  425 words
    • Article
      Lock icon Russia, Qatar to remain World Cup hosts
      466 23 BLOOMBERG Rio de Janeiro RUSSIA and Qatar will remain hosts of the next two World Cups after soccer’s governing body failed to find any evidence of significant wrongdoing in the award of the tournaments. While an investigation by the ethics committee of Fifa
      BLOOMBERG  -  466 words
    • Article
      Lock icon Obama to press Myanmar on Rohingya Muslims’ rights
      257 23 AFP Naypyidaw THE United States on Thursday said that it will call on Myanmar to allow stateless Rohingya Muslims to become citizens, after President Barack Obama said that he was “deeply concerned” about the marginalised group. Mr Obama, who is in Myanmar’s
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  • OPINION
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      Lock icon Opportunities remain, but market has to go beyond vanilla equity
      585 24 EDITORIAL IT IS unfortunate that the Singapore stock market does not get the attention it deserves. There are still plenty of opportunities for smart retail investor money to make the first move, and reap the rewards when institutional firms recognise
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    • Article
      Lock icon Ending poverty’s the solution to hunger
      813 24  -  THE BOTTOM LINE By Mark Bittman NYT AT dinner with a friend the other night, I mentioned that I was giving a talk this week debunking the idea that we need to grow more food on a large scale so we can “feed the
      NYT  -  813 words
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      Lock icon Balancing the reform of financial services
      999 24  -  To build resilience with growth, G-20 regulators should not pursue safety past an untenable social and economic cost, choking off commerce and economic recovery. BY LEONG KOK KEONG BY LEONG KOK KEONG T The writer is head of Financial Services, KPMG in Singapore. The
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      Lock icon China’s Xi steers Apec into neglected directions
      778 25  -  COMMENTARY By Anthony Rowley Tokyo THIS week’s Apec Summit in Beijing illustrated just how quickly the old (postwar) order is changing now so far as the balance of regional power in Asia is concerned. Chinese President Xi Jinping chaired the summit and showed
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    • LETTERS TO THE EDITOR
      • Article
        Lock icon SGX constantly enhancing quality of stock market here
        834 25  -  Chew Sutat Executive Vice-President Singapore Exchange I REFER to Jimmy Ho’s letter, “It’s not a ‘quality market’ for investors” (BT, Nov 12). We appreciate Mr Ho’s feedback, but do not agree with his depiction of the Singapore stock market as suffering from
        834 words
      • Article
        Lock icon High-end ‘fire sales’: misleading headline
        194 25  -  Belinda Lee Head, Corporate Communications City Developments Ltd I REFER to your article “CDL warns of fire sales in high-end market” (BT, Nov 13). We note the article was based on CDL’s third-quarter results announcement on Wednesday and not from any interviews. The headline was
        194 words
    • Article, Illustration
      Lock icon ‘Bottom-up’ deal on climate change better?
      932 25  -  National regulations and laws emerging across the world could be more effective than the ‘top-down’ UN-led talks struggling to reach a breakthrough in recent years. BY ANDREW HAMMOND BY ANDREW HAMMOND T The writer is an associate at LSE IDEAS at the London School
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  • Article
    Lock icon Shipping times
    1721 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 KAISA 1 60 21/11 23/11 25/11 DREAM ANGEL 7 100 29/11 30/11 MALAYSIA STAR 40 50
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  • Page 26 Advertisements
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      294 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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      1567 27 ADVERTORIAL Intelligence style at work Shentonista is a local streetstyle website that chronicles faces, people, and style, in and about the central business district. In this special collaboration with The Business Times, we meet and speak with some of the individuals who work smart and hard in their respective fields
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  • Page 29 Advertisements
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      65 29 A N N U ENDS SUNDAY 16 NOVEMBER FOR MORE INFORMATION, PLEASE CONTACT US AT +65 6735 2700 OR EMAIL S A L E S CAVEAU.COM.SG caveau LUINES AL SALE CLOSE TO 100 WINE LABELS UP TO 45% OFF FROM $15 ONWARDS! DOWNLOAD OUR SALE LIST FROM WWW.CAVEAU.COM.SG CAVEAU WINES
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  • Page 29 Miscellaneous
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      331 29 CRYPTIC CROSSWORD Across 1 Substantial food male chewed after nine? (6,4) 6 Medicine from doctor that gets you recovering finally (4) 9 Little sirs appearing evenings Monday to Friday (10) 10 Military supplies carried by team mostly (4) 13 Doomed rich man embraces trendy theologians (7) 15 Lecturer providing book
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  • Page 31 Advertisements
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      65 31 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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  • BT Lifestyle
    • SEASON OF LAUGHS
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        Lock icon Monkey-ing around with an epic tale
        692 32  -  MONKEY GOES WEST BY WILD RICE Singapore’s best stage comedians return to tickle your funny bone.BY bone.BY HELMI YUSOF IN the well-loved Chinese epic Journey To The West, Buddhist monk Xuanzang travels to the West in search of sacred texts and encounters a series
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        Lock icon Dim Sum Dollies’ history lesson guarantees laughs – not facts
        559 32 Dim Sum Dollies’ history lesson guarantees laughs not facts DIM SUM DOLLIES THE HISTORY OF SINGAPORE, PART 2 BY DREAM ACADEMY THE Dim Sum Dollies, the most popular comic trio in Singapore, is back with another hilarious re-telling of the country’s history. The History of Singapore Part 1, staged in
        559 words
      • Article, Illustration
        Lock icon Hossan Leong strips down to bare basics
        508 32 HOSSAN-AH!: SAFE SECURE IN HIS LEONG ARMS BY DOUBLE CONFIRM helmi@sph.com.sg @HelmiBT HOSSAN Leong wants to rip off his shirt and bare his soul. After years of doing comedy sketches, where he’s played just about everything from a Peranakan bibik to an alien
        508 words
    • CITY LIFE
      • Article, Illustration
        Lock icon Specialty coffee for the corporate crowd
        1017 28  -  Coffee purveyor The New Black aims to change high-quality coffee-drinking habits in the CBD in a spectacular way.BY way.BY GEOFFREY EU THE unstoppable force that is the coffee-drink-ing scene here, powered by a growing number of local roasters dedicated to high-quality coffee, is about
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      • CITY BUZZ BT writers' picks of what to see, do or talk about
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          Lock icon A SPECIAL CELEBRATION
          410 28  -  By For Tiong Li Cheng For booking of the BOUTIQUE WINES BONANZA The wine Discovery Online wine retailer Ewineasia.com marks 10 years in the business this month and to celebrate they are holding The Wine Discovery, a weekend bonanza of artisanal wine experiences from Nov 14 to
          410 words
        • Article
          Lock icon THEATRE
          223 28  -  By Helmi Yusof Waiting for Godot No play in the history of modern theatre has been more provocative or influential than Waiting for Godot. This absurdist 1948 play written by Samuel Beckett involves two characters, Vladimir and Estragon, who are waiting for a character named Godot. Very little action
          223 words
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          Lock icon SHOPPING
          144 28  -  By Tay Suan Chiang Space End of Year Sale 2014 If you have been eyeing that piece of designer furniture, now is a good time to get it. Space Furniture is having its End of Year Sale that runs from Nov 17 to Dec 21. Some of the pieces
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        • Article, Illustration
          Lock icon KABUKI AND NOH
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        • Article
          Lock icon FILM
          198 28  -  By Lisa Fratini Wayang Boy The foreign talent debate is given a light-hearted touch in the family comedy Wayang Boy. Part of MM2 Entertainment’s S$4 million investment in the Singaporean film industry, it marks the debut feature of director Raymond Tan. Adapted from his short film, Wa is for
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        • Article, Illustration
          Lock icon FOOD
          260 28  -  By Debbie Yong Cocotte’s Grower’s Table Menu Think farm-to-table dining is just a pipe dream in land-scarce Singapore? The people behind Cocotte restaurant refuse to share the same resignation, so they’ve teamed up with Australian food consultant and writer Leisa Tyler and Malaysian farmer Fung Chee Siang to start
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    • ARTS MUSIC
      • Article, Illustration
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        589 words
    • MUSIC CINEMA
      • Article, Illustration
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        943 words
      • Article, Illustration
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      • Article, Illustration
        Lock icon Laneway band back for own show
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