The Business Times, 19 December 2014
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2014-12-19
1
26
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section28 2014-12-19 1 THE BUSINESS TIMES S$1.00 S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg O DoBlBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 I Wednesday, October 8, 2014 Friday, December 1928 words
-
Article, Illustration209 2014-12-19 1 Russian President Vladimir Putin on Thursday attempted to assuage fears of economic collapse and promised rapid recovery as he faced hundreds of journalists during the worst financial crisis of his rule. TOP STORIES/ 2 Retailers and landlords can look forward to greater retail rental transparency after the details209 words
-
Article27 2014-12-19 1 Thursday Change STI 3,243.65 +16.42 KL COMP 1,699.95 +18.05 NIKKEI 225 17,210.05 +390.32 HANG SENG 22,832.21 +246.37 SHENZHEN B 1,014.50 -2.66 DOW (11am EST) 17,583.70 +226.8327 words
-
Article, Illustration1073 2014-12-19 1 Rob Curran - US stocks surge as traders interpret the central bank’s latest policy statement as a postponement of interest rate hikes By Rob Curran btworld@sph.com.sg JANET Yellen sounded a lot like Santa Claus to traders on Wednesday as the Federal Reserve echoed its promise to hold1,073 words
-
1047 2014-12-19 1 Jamie Lee - OUTLOOK 2015: INVESTMENT BANKING By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore WITH the easing caution brought on earlier by political changes in the region, bankers are hopeful of more mergers and acquisitions (M&As) in Southeast Asia next year, with Singapore being no exception.1,047 words
-
Page 1 Advertisements
-
Advertisement121 2014-12-19 1 *****4 OFFICE MARKET Sanofi signs lease for 40,000 sq ft office space at South Beach REAL ESTATE 13 ONLINE ONLY LOOKING BACK The high points in the arts and entertainment in 2014 YEARENDER 22 23 Read Boardroom Matters, a series of articles from the Singapore Institute of Directors, on BT121 words
-
-
TOP STORIES
-
Article, Illustration814 2014-12-19 2 One of his ministers says economy is going through a crisis and concedes that there was no coherent plan on how to tackle it if oil prices do not rebound AFP Moscow RUSSIAN President Putin on Thursday attempted to assuage fears ofAFP; PHOTO: REUTERS - 814 words
-
841 2014-12-19 2 REUTERS Washington PRESIDENT Barack Obama has the power to further weaken US sanctions against the Communist-run Cuba beyond the normalisation of relations with Havana that he announced on Wednesday, sanctions experts said. While the restoration of diplomatic ties to Havana after decades of animosityREUTERS - 841 words
-
359 2014-12-19 2 Daniel Indiviglio - REUTERS BREAKINGVIEWS By Daniel Indiviglio Washington THE Federal Reserve has built in some wiggle room for rate surprises. The US central bank now puts “patience” above needing “considerable time” for changing monetary policy. It suggests chairwoman Janet Yellen is focusing more on data359 words
-
Article, Illustration596 2014-12-19 3 Mindy Tan - Fair Tenancy Consideration Framework will comprise data transparency, SME education and a mediation process By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore RETAILERS and landlords can look forward to greater retail rental transparency after the details of the Fair Tenancy Consideration Framework are unveiled, probably this month.596 words
-
Article, Illustration626 2014-12-19 3 Anthony Rowley - BOJ reports that corporate cash hoarding in Japan has reached record levels By Anthony Rowley btworld@sph.com.sg Tokyo HAVING won a new popular mandate for Abenomics at last Sunday’s election, Japanese Prime Minister Shinzo Abe now faces having to confront corporate626 words
-
-
Page 2 Advertisements
-
Advertisement48 2014-12-19 2 Bespoke McIntosh high fidelity music system designed and installed by Ong Radio for a Chairman's Suite. ONG RADIO Live the Ultimate™ Bespoke smart home theaters Superlative high-end audio systems Home intelligence systems Multizone music and movie systems 176 Orchard Rd, The Centrepoint #03-41 Tel 65-*****138 I www.ongradio.com fb.com/ongradio48 words
-
Advertisement64 2014-12-19 2 ONLINE SALE www.oaks.com.sg Wine, Whisky, Sake, Champagne, Life Style and Wine Accessories over 500 products available Sparkling Wine Best Offer! t Villa Sandi Now: SS27.20 Prosecco DOCG NV Usual: S$38.90 Villa Sandi Now: SS24.50 Rosato Fresco Rose NV usual: ssss.oo A It's A ‘Discovery The Oaks Cellars Pte Ltd 31564 words
-
Advertisement15 2014-12-19 2 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements15 words
-
-
Page 3 Advertisements
-
Advertisement568 2014-12-19 3 a qrofa/afio n6 te tAe am ient6 p Exclusive Categoiy PETS’ STATION HOLDING PTE LTD SINGAPORE QUALITY BRANDS PROPELL INTEGRATED PTE LTD SIN LIAN SENG ENGINEERING SERVICES PTE LTD SOFT GLOBAL PROPERTIES SINGAPORE PTE LTD YEW HENG CREDIT PTE LTD f Platinum Category AVENZA PTE LTD BS TECH PTE LTD568 words
-
-
COMPANIES & MARKETS
-
Article, Illustration735 2014-12-19 4 Jamie Lee - Singapore Exchange is also studying the concept of crowdfunding, says head of listings By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore THE Shanghai-Hong Kong trading link may be the first of such China tie-ups with other exchanges, and head of listings at Singapore Exchange (SGX)735 words
-
313 2014-12-19 4 Malminderjit Singh - By Malminderjit Singh msingh@sph.com.sg @Malminderjit Singapore CROESUS Retail Trust (CRT) has increased the amount of its distributable income hedged to about 100 per cent for the period up to Dec 31, 2015. The move, which comes amid the weakening of the yen against313 words
-
295 2014-12-19 4 Malminderjit Singh - By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore MAINBOARD-LISTED Silverlake Axis (Silverlake) on Thursday revealed that it has formed a company, Silverlake HGH, to launch a takeover offer for Finzsoft Solutions an Auckland-based financial technology company that develops and implements software and solutions295 words
-
1246 2014-12-19 5 CAI HAOXIANG - HOCK LOCK SIEW By CAI HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT RECENT issues with a couple of stocks on the Singapore Exchange (SGX) mainboard show how companies’ adherence to disclosure standards, as always, has much room for improvement. One such case concerns Keppel DC Reit, which went public1,246 words
-
493 2014-12-19 5 Pauline Ng - By Pauline Ng btworld@sph.com.sg Kuala Lumpur LADY Luck continued to elude Genting Malaysia (GenM), which slipped 3 per cent to RM3.95 (S$ 1.50 on Thursday after it was not put on the short list of candidates for a commercial493 words
-
IN BRIEF
-
119 2014-12-19 5 mobile phone services company Global Tech (Holdings) incurred a loss of HK$15.99 million (S$2.7 million) for the financial year ended Sept 30, 2014, compared to the net profit of HK$12.88 million last year, due in part to a one-off gain in 2013 and119 words
-
71 2014-12-19 5 TRADING in units of Perennial China Retail Trust (PCRT) will be suspended from Dec 23. This followed offeror Perennial Real Estate Holdings’ announcement that it has garnered 90.64 per cent of the issued units of PCRT, meaning the free float has fallen below 1071 words
-
105 2014-12-19 5 LEIGHTON Holdings, the parent company of SGX-listed Leighton Finance (USA) Pty Ltd, is entering into a binding agreement with funds managed by affiliates of New York-listed investment firm Apollo Global Management to form a 50:50 services investment partnership. The partnership will comprise the105 words
-
-
Article, Illustration63 2014-12-19 6 STI Catalist Straits Times index Dec 18,2014 3,243.65 +16.42 (+0.51%) Current streak 2 days Day high 3,252.01 Day low 3,227.52 52-week high 3,374.06 (July 31, 2014) 52-week low 2,960.09 (Feb 5, 2014) FTSE ST Catalist index Dec 18,2014 735.26 +1.16 (+0.16%) Current streak 2 days Day high 737.68 Day low63 words
-
Article, Illustration647 2014-12-19 6 R Sivanithy - Index’s gains add up to 28 points in two days, after the cumulative 110-point dive on Monday and Tuesday STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THE Straits Times Index’s recovery from its recent battering extended into a second consecutive day on hursday withSource: Bloomberg - 647 words
-
Article306 2014-12-19 6 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 235 -1 236/232 250 206 6.1 5941.6 CapitaLand 308 -2 315/308 348 268 15.4 2.6 *****.9 CapitaMall Trust 201 +1 201/197.5 209 180 5.1 6971.3 CityDev 988 +4 991/979 1118 860 13.4306 words
-
Article36 2014-12-19 6 VOLUME IHC 87,838,000 Mirach Energy 62,742,000 Golden Agri-Res 59,780,000 APAC Strategic 44,022,000 Ezion 33,756,000 Market volume 1,335,721,000 VALUE Keppel Corp 114,783,415 SingTel 99,261,210 DBS Grp 97,126,009 Global Logistic 66,682,740 UOB 54,496,860 Market value 1,238,825,00036 words
-
Article77 2014-12-19 6 Dec 18 VALUE CLOSE BT OB/OS -574.00 +107.00 BT CADI -*****.00 +39.00 BT 10-day MA -*****.00 -57.00 FTSE ST Mid Cap 732.18 +2.13 FTSE ST Small Cap 485.30 +3.43 FTSE ST All Share 778.97 +3.77 FTSE ST China Top 182.95 +1.06 FTSE ST China 217.02 -0.47 FTSE77 words
-
Article111 2014-12-19 6 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS MS India US$ US721 +18 459 728/714 790/541 719/721 90.1 STI ETF 329 +2 328 330/328 343/298 329/330 DBXT MSRussia US$ US164 +13 172 171/163 302/140 167/168 DBXT CSI300 US$ US950 +4 146 965/946 965/613111 words
-
Article, Illustration35 2014-12-19 6 STI FTSE ST All-Share FTSE ST All-Share index Dec 18,2014 778.97 +3.77 (+0.49%) Current streak 2 days Day high 780.30 Day low 775.53 52-week high 819.39 (July 31, 2014) 52-week low 722.35 (Feb 5, 2014)35 words
-
Article, Illustration33 2014-12-19 6 STI MSCI EAFE MSCI EAFE index Dec 17,2014 1,740.95 -11.57 (-0.66%) Current streak 1 day Day high 1,756.85 Day low 1,733.87 52-week high 1,995.49 (July 3, 2014) 52-week low 1,714.64 (Oct 16, 2014)33 words
-
Article186 2014-12-19 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 4 5 0 0 0 6 4 5 Manufacturing 38 29 28 6 11 6 44 40 34 Commerce 19 15 17 4 2 6 23 17 23 Tpt/Stor/Comms 15 15 11186 words
-
Article123 2014-12-19 6 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 24,031 24,031 145,089 145,089 Manufacturing 147,579 41,122 188,701 125,321 1,923 127,244 Commerce 63,537 16,335 79,872 80,033 1,445 81,478 Tpt/Stor/Comms 122,042 4,141 126,183 202,823 1,603 204,426 Finance 21,487 222 21,709 224,742 48 224,791 Construction 42,008 29,746123 words
-
Article77 2014-12-19 6 BY CENTS CLOSE UP 52w high/low SPDR S&P500 US$ ***** 620.2 2.4 *****/***** DBXT MSUSA US$ 5102 147.2 2.2 5242/4303 JSH USD 3365 123.5 2.9 3810/3006 DBXT MSEurope US$ 5568 114.3 1.6 6492/5366 JMH USD 5830 103.8 1.4 6460/4934 BY PERCENTAGE CLOSE UP 52w high/low Cedar Strategic 0.2 100.077 words
-
Article77 2014-12-19 6 BY CENTS CLOSE DOWN 52w high/low DBXT Nifty US$ ***** -666.2 -3.7 *****/9759 DBXT E50 US$ 4823 -279.9 -4.2 5630/4637 DBXT MSTaiwa US$ 2081 -168.2 -5.8 2322/1853 DBXT MSAsExJp US$ 3427 -106.4 -2.3 3808/2802 DBXT MSMSIA US$ 1318 -52.6 -2.9 1598/1318 BY PERCENTAGE CLOSE DOWN 52w high/low KepCorp MBeCW1577 words
-
Article82 2014-12-19 6 VOL CLOSE($) CHANGE Linair Tech 384.0 0.025 +0.003 +13.64 TA 537.0 0.300 -0.035 -10.45 Noel Gifts Intl 100.0 0.280 -0.020 -6.67 China Jishan 160.0 0.070 -0.006 -7.90 Sinostar Pec 250.0 0.075 -0.015 -16.67 Qingmei 2,281.0 0.012 -0.003 -20.00 SamuderaShipping 1,386.0 0.225 +0.015 +7.14 ChinaKangdaFood 150.0 0.110 -0.005 -4.3582 words
-
BROKERS’ TAKE
-
Article160 2014-12-19 6 Mixed DBS Group Research, Dec 18 OUR economists expect Asean private consumption growth rates in 2015 to stay similar to 2014, save for Thailand due to the low base effect in 2013/14 arising from political tensions. Average valuations for Singapore consumer stocks under our coverage remain elevated. Against160 words
-
Article127 2014-12-19 6 Offshore Marine Sector underweight Maybank Kim Eng Research, Dec 18 WITH Brent at US$60 a barrel or so, we now believe the entire value chain is vulnerable. Expectations of insulation against oil price dip for certain players are being tested as cracks emerge. Weaker players may start to operate on127 words
-
Article177 2014-12-19 6 Jamie Lee - Compiled by Jamie Lee Hold Dec 18 close: S$11.49 OCBC Investment Research, Dec 17 WE view the slide in oil prices to be positive on Singapore Airlines’ (SIA) profitability since jet fuel makes up about 40 per cent of SIA’s total operating expenses but we believe the effects177 words
-
-
383 2014-12-19 7 CURRENCIES REUTERS Singapore THE Indonesian rupiah, Malaysian ringgit and Indian rupee all rose on Thursday as an upbeat economic assessment by the US Federal Reserve calmed market nerves. The South Korean won, however, fell against the US dollar after the Fed signalledREUTERS - 383 words
-
FOREX RATES
-
Article471 2014-12-19 7 Dec 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.949 5.065 0.662 6.326 51.574 102.568 0.968 8.989 2.832 1.055 81.838 36.492 1.072 9.409 0.799 25.646 26.851 0.524 0.816 Canada 1.054 5.339471 words
-
Article155 2014-12-19 7 Dec 18 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0716 1.0727 0.8155 0.8158 Canadian dollar 1.1295 1.1309 0.8601 0.8596 Euro 1.6182 1.6198 1.2315 1.2319 NZ dollar 1.0157 1.0173 0.7730 0.7737 Sterling pound 2.0471 2.0486 1.5579 1.5580155 words
-
Article22 2014-12-19 7 Dec 18 S$ Bid Offer 1-month 1.3144 1.3154 2-months 1.3150 1.3163 3-months 1.3155 1.3167 6-months 1.3158 1.3172 Source: OCBC22 words
-
-
BANK RATES
-
Article154 2014-12-19 7 Dec 18 $S Offer Bid 0vernight 0.25 0.15 1-month 0.3750 0.2500 2-months 0.4375 0.3125 3-months 0.4375 0.3125 Overnight mode: 0.30 US$ 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 12154 words
-
Article36 2014-12-19 7 Dec 18 (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 Reuters36 words
-
Article65 2014-12-19 7 Dec 18 Dec 18 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 105.25 105.30 105.30 5-Year N*****0H 1.625 01-Oct-19 100.23 100.42 100.25 10-Year NY*****H 3.000 01-Sep-24 106.78 106.90 106.88 15-Year NY*****E 2.875 01-Jul-29 104 20-Year NZ*****V 3.375 01-Sep-33 109.7165 words
-
-
EQUITY BONDS WARRANTS FUTURES
-
Article365 2014-12-19 7 Dec 18 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.95 *****.23 *****.41 Mar15 *****.00 *****.00 *****.00 *****.00 *****2 *****7 Jun15 *****.00 4 2641 MSCI TAIWAN INDEX FUTURES SPOT 327.43 328.52 326.16 Dec14 323.50 327.40 320.70 325.60 ***** *****6 Jan15 323.70 327.40 320.90 325.50365 words
-
208 2014-12-19 7 Dec 18 Most active Dec 18 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left KepCorp MB eCW*****2 10 1.8 7123 0.2 900 6 DBS MB eCW*****0 18.1 4.1 4010 0.2 1980 4 DBS MB ePW*****2 15 -3.3 3753 0.2208 words
-
373 2014-12-19 7 In local curr In S$ In US$ dy yr dy yr dy yr Dec 17 Index Change Change Change Change Change Change World Preliminary 1234.0 0.7 4.2 0.8 3.7 0.5 0.1 EAFE Preliminary 952.7 -0.1 -0.4 -0.3 -5.9 -0.7 -9.1 Europe Preliminary 1337.4 0.0 -1.3373 words
-
-
AGRI METALS ENERGY
-
Article209 2014-12-19 7 Dec-17 Price Net change change Last Trade Agricultural Dec-17 CBOT Soybeans (US cents/bu) 1027.00 3.50 0.34% 14/01/2015 CBOT Soybean Oil (US cents/lb) 31.77 0.00 0.00% 14/01/2015 CBOT Wheat (US cents/bu) 648.50 25.25 4.05% 13/03/2014 Dec-17 LIFFE Cocoa (£/tonne) 1939.00 11.00 0.57% 16/03/2015 LIFFE Coffee (US$/tonne) 1915.00 -22.00 -1.14%209 words
-
Article57 2014-12-19 7 Dec 18 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 14 2136.0 2146.0 2155.0 2131.0 623 ***** Jan 15 2139.0 2147.0 2161.0 2135.0 4323 ***** Feb 15 2140.0 2148.0 2163.0 2135.0 ***** ***** Mar 15 2152.0 2150.057 words
-
-
Article, Illustration433 2014-12-19 8 Siow Li Sen - Gunjan Kedia also promoted to the company’s senior-most strategy and policy-making group By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore STATE Street Corporation has appointed Seck Wai Kwong, head of its global services and global markets businesses in the Asia-Pacific, to433 words
-
198 2014-12-19 8 Kelly Tay - By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore LIPPO Malls Indonesia Retail Trust (LMIR Trust) will receive a S$180 million term loan facility from the Singapore branches of BNP Paribas, CIMB Bank, and Standard Chartered Bank. The proceeds will go towards LMIR Trust’s working capital198 words
-
Article, Illustration556 2014-12-19 8 BLOOMBERG Tokyo SKYMARK Airlines Inc’s share price has more than doubled in a month on optimism that cooperation with other airlines could keep Japan’s third biggest carrier from going broke. Technical indicators suggest that it may be time to sell.BLOOMBERG; PHOTO: REUTERS - 556 words
-
-
Page 4 Advertisements
-
Advertisement155 2014-12-19 4 Download BTLuxe Christmas and win two business class tickets to Tokyo on ANA Luxe Download the BTLuxe app on iPad and answer the following questions: 1) What is Rene Redzepi doing in the first photo of the story ‘Tokyo or Bust’ in the BTLuxe iPad App? 2) With ANA, Japan’s155 words
-
-
Page 5 Advertisements
-
Advertisement87 2014-12-19 5 Wine, Dine Hospitality Highlights ■>.-vTv.^ 1 v <5 s CHRISTMAS TREASURES AT CONRAD I selection of delightful indulgences this yu/etide season 2( S’ Vocember To 25 December 2014 Savour a delicious array of culinary delights and gourmet takeaways such as Mustard and Honey Glazed Whole Roasted Christmas Turkey with Cranberry87 words
-
Advertisement15 2014-12-19 5 JEWELLERY ISSUE OUT NOW AT ALL LEADING BOOKSTORES Available in digital edition through ONLY $815 words
-
-
Page 8 Advertisements
-
Advertisement163 2014-12-19 8 D I N E THE NEW LUXURY BTLuxe Christmas 2014. In print and on your iPad. Heston Blumenthal goes bionic Noma’s Rene Redzepi takes Tokyo Shigeru Ban Paper hero Tetsuya Wakuda’s Kyoto tour Luxury’s new guard the names you need to know Digital exclusives only in the BTLuxe iPad app163 words
-
Advertisement17 2014-12-19 8 Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings17 words
-
-
BANKING & FINANCE
-
Article, Illustration615 2014-12-19 9 The year-to-date outflow figure is nearly three times the total 2013 outflow, Morningstar data shows REUTERS New York PIMCO posted a record total outflow of U$5.8 billion from its emerging market funds in the first 11 months of 2014, according to MorningstarREUTERS; PHOTO: AFP - 615 words
-
538 2014-12-19 9 Funds invested in Russia lose at least 15% of value; highyield funds with no direct exposure to Russia also hit BLOOMBERG Tokyo RUSSIA’S unfolding crisis upended the 20 biggest international bond funds sold to individuals in Japan on Wednesday,BLOOMBERG - 538 words
-
663 2014-12-19 9 BLOOMBERG Jakarta INDONESIA is ramping up financing for new President Joko Widodo’s US$439 billion development programme, planning an almost fivefold increase in sales of project sukuk. The government is seeking to raise 7.14 trillion rupiah (S$732 million) from notes thatBLOOMBERG - 663 words
-
418 2014-12-19 9 REUTERS London BRITAIN will sell more shares in Lloyds Banking Group over the next six months, moving the bailed-out bank another step towards a full return to private ownership and recouping more taxpayer cash. Britain’s finance ministry and UKREUTERS - 418 words
-
-
Page 9 Advertisements
-
Advertisement73 2014-12-19 9 v\r:clni V\<\ MWs ACADEMY 2015 Calling business owners! We have the Guaranteed Targeted Crowd of parents with young children for you! Proven Quality visitors with a keen interest in their child's growth and well-being!! JOIN US AT SUNTEC SINGAPORE! i 'f Call us to enquire how we can help you73 words
-
Advertisement20 2014-12-19 9 www.omy.sg WIN A DREAM GETAWAY WORTH $2000 05^0 i Scan And Win Download omy Apps omy News iOSAppStore Google Play20 words
-
-
ENERGY & COMMODITIES
-
Article, Illustration977 2014-12-19 10 Lower costs and more efficient drilling techniques more than offset collapse in oil markets OIL ROUT BLOOMBERG Chicago CRUDE oil production from US wells is poised to approach a 42-year record next year as drillers ignore the recent decline in priceBLOOMBERG; PHOTO: REUTERS - 977 words
-
305 2014-12-19 10 It cites economic uncertainty in the industry as oil prices fall REUTERS Calgary, Alberta CHEVRON Corp is putting a plan to drill for oil in the Beaufort Sea in Canada’s Arctic on hold indefinitely because of what it called “economic uncertaintyREUTERS - 305 words
-
603 2014-12-19 10 Global shortage drives price increase for fourth consecutive year BLOOMBERG Singapore COCOA prices will probably advance for a fourth consecutive year in 2015, driven by a global shortage, according to Olam International Ltd. Demand will exceed supply by 120,000 tonnes inBLOOMBERG - 603 words
-
757 2014-12-19 10 BLOOMBERG New York INVESTORS are exiting commodities at the fastest pace in six years, betting a slump in prices isn’t over as corn, oil and gold drop close to their cost of production. Open interest in raw-material futures and optionsBLOOMBERG - 757 words
-
-
Page 10 Advertisements
-
Advertisement37 2014-12-19 10 tablet SICCI 90 Business Chamber eyeing opportunities in India CAME AS A TECHNICIAN FROM INDIA. TODAY HE IS BOSS OF 70 GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)37 words
-
-
TECHNOLOGY
-
Article, Illustration857 2014-12-19 11 The amount of swaps tied to the electronics retailer is 28 times its debt, more than any other US company BLOOMBERG New York RADIOSHACK Corp is finding an unlikely ally in its efforts to stay out of bankruptcy: credit derivatives traders who amassedBLOOMBERG; PHOTO: BLOOMBERG - 857 words
-
584 2014-12-19 11 BLOOMBERG San Francisco ORACLE Corp’s efforts to push deeper into Web-based cloud computing are paying off, with the software maker reporting fiscal second-quarter profit and sales that surpassed analysts’ estimates. Profit before certain costs was 69 US cents a share in the periodBLOOMBERG - 584 words
-
Article, Illustration510 2014-12-19 11 BLOOMBERG Toronto BLACKBERRY Ltd unveiled a new phone that harks back to the company’s glory days of being the world’s leading smartphone maker, capping a year dedicated to stabilising finances and winning back investor confidence. Earnings on Friday will shed light on how successful the turnaroundBLOOMBERG; PHOTO: BLOOMBERG - 510 words
-
-
Page 11 Advertisements
-
Advertisement1825 2014-12-19 11 The Business Times NOTICES =@`<'[^+<;'$/%]*+-?+:-?"-);%-)= IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AVT NATURAL PTE. LTD. Co. Reg. No. *****4170H (Incorporated in the Republic of Singapore) MEMBERS’ VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 60,1,825 words
-
-
CONSUMER
-
Article, Illustration997 2014-12-19 12 Christmas has become a mega shopping season in non-Christian countries BLOOMBERG New York IT’S a typical holiday scene in the US: a decked-out Christmas tree, twinkling lights and a line of shoppers waiting for Santa Claus. Except for one thing...it’s Shanghai.BLOOMBERG; PHOTO: BLOOMBERG - 997 words
-
560 2014-12-19 12 NYT New York THE response rate for inquiries sent to the North Pole is middling at best. For a definite reply this year, it’s much safer to ask a Penguin. Faced with a reading public overwhelmed with options, Penguin Random HouseNYT - 560 words
-
310 2014-12-19 12 BLOOMBERG Atlanta DREAMING of carrying armloads of cigars out of Cuba now that the US is thawing relations? Not so fast. At least initially, American visitors who treasure the scarce luxury smoke won’t be able to bring back home more thanBLOOMBERG - 310 words
-
-
Page 12 Advertisements
-
Advertisement93 2014-12-19 12 STYLISH LIVING MADE EASY JUST A CLICK AWAY W W W. H O M E A N D D E C O R C O M S G AN INTERACTIVE, STYLE-DRIVEN INTERIOR DESIGN WEBSITE FOR HOMEOWNERS AND DECOR ENTHUSIASTS. HOME PRODUCTS CHRISTMAS GIVEAWAY Find what you need from over 7,60093 words
-
Advertisement27 2014-12-19 12 LIANHE ZAOBAO With eye on 3rd S'pore-China project, Chongqing to beef up its Infrastructure with 1.2 trillion yuan l.27J<Z,AKr1illPiSSa To subscribe, call 6388-3838 or go to sphsubscription.com.sg27 words
-
-
REAL ESTATE
-
Article, Illustration885 2014-12-19 13 Kalpana Rashiwala - A 654-room hip hotel is expected to soft open next year; no decision on pricing the residential component yet By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore PHARMACEUTICAL group Sanofi has inked a lease for about 40,000 sq ft ofPHOTOS: THE STRAITS TIMES - 885 words
-
Article, Illustration447 2014-12-19 13 Lee Meixian - Free tool covers loans for property purchase, refinancing various types of properties By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore UNITED Overseas Bank (UOB) on Thursday launched a free online property loan calculator to help homeowners determine their total debt servicing ratio (TDSR) for mortgage loan447 words
-
663 2014-12-19 13 BLOOMBERG London SUE Munden bought her five-bedroom house in the south-west London district of Streatham in November after negotiating the price down to £610,000 (S$1.25 million), about £100,000 less than a similar home on the street sold for in April. “I didBLOOMBERG - 663 words
-
Article, Illustration1141 2014-12-19 14 Advocates celebrate nod after intense lobbying for full-scale gambling as salve for region’s economic woes NYT New York ONE of New York Governor Andrew Cuomo’s signature initiatives the expansion of gambling in the state took a major step forward on WednesdayNYT; PHOTO: BLOOMBERG - 1,141 words
-
385 2014-12-19 14 REUTERS Beijing CHINA’S home prices fell in November for a third consecutive month versus year-ago levels, Reuters calculations from official data showed on Thursday, pointing to an intractable property downturn despite government efforts to energise the market. Average home prices inREUTERS - 385 words
-
-
Page 13 Advertisements
-
Advertisement2143 2014-12-19 13 THE BUSINESS TIMES NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LASALLE ASIA OPPORTUNITY II PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****1106M NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of LASALLE ASIA OPPORTUNITY II PTE. LTD.2,143 words
-
-
Page 14 Advertisements
-
Advertisement434 2014-12-19 14 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The Business Times CLASSIFIED BUY II 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 D11 21 HOUSE FOR SALE BUNGALOW F’hold, 9860434 words
-
Advertisement84 2014-12-19 14 D01 OFFICE FOR SALE CENTRAL CLARKE QUAY High performing office, CBD prime investment. Various sizes. Karl 9338 0060 D07 SHOP FOR SALE SULTAN GATE Sultan Gate Historical Shophouse. Detached row. 7401 7944 sqft. Freehold. Rare! Asking $24M neg!!! Historical Land 9735 8800 D08 SHOP FOR SALE DESKER ROAD 2½-sty Famous84 words
-
-
VEHICLES & LIFESTYLE
-
Article, Illustration1035 2014-12-19 15 Gabriella Boston - By Gabriella Boston Ms Boston is a fitness trainer and freelance writer. The text of this article first appeared in My Paper on Dec 12,2014 WP t’s that time of year again when everywhere we turn, we’re offered creamy eggnog, savoury charcuterie and sweet,WP - 1,035 words
-
-
Page 15 Advertisements
-
Advertisement400 2014-12-19 15 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The Business Times CLASSIFIED BUY IT SELL IT FIND IT HONDA FOR SALE HONDA FREED 1.5 9/09 Honda Freed 1.5. OMV $20,790. Low Mileage. Well-kept. Not to be missed!! Yong Lee Seng Motor Pte Ltd. Tel: *****123 *****045 HONDA FOR SALE HONDA400 words
-
Advertisement89 2014-12-19 15 PERSONAL PRODUCTS JEWELRY Buy, Sell, Trade Branded Watches, Jewelry, Diamond. Address #04-114 Far East Plaza. (Mon to Sat) Best Contact 9635-5554 PETS PET CARE AQUARIUM PRODUCTS Christmas Sales *15-20% Off *Conditions apply. Green Chapter Tel 6775-7376/www.gcshop-sg.com www.greenchapter.com Fb: greenchaptershop PETS PET CARE KOI FARM Biggest, Cheapest Largest in Singapore New89 words
-
-
OPINION
-
507 2014-12-19 16 EDITORIAL GLOBAL stock markets rallied on Thursday following a bout of volatility, after the US Federal Reserve’s latest monetary policy statement reassured market players that rates would remain lower than normal for some time even after they begin to507 words
-
Article, Illustration848 2014-12-19 16 Anthony Rowley - THE BOTTOM LINE By Anthony Rowley HAVING built up a powerful head of steam, the Bank of Japan (BOJ) locomotive continues to charge ahead towards its goal of ridding Japan of deflation and achieving a 2 per cent inflation target. Could it end848 words
-
Article, Illustration1162 2014-12-19 16 LEON HADAR - Major changes in American policy are expected to lead to full normalisation in the relationship between Washington and Havana. BY LEON HADAR Havana.BY LEON HADAR SO the Cold War is finally over, really over. Indeed, history was made on Wednesday when US President Barack ObamaPHOTO: AFP - 1,162 words
-
752 2014-12-19 17 Min Lan Tan - COMMENTARY By Min Lan Tan T The author is regional head of the Asia-Pacific investment office at UBS Wealth Management IT MAY sound contradictory to say that Asian economic growth outside Japan will slow next year, and yet the region752 words
-
Article, Illustration838 2014-12-19 17 Dennis Posadas - By Dennis Posadas T The writer is the author of ‘Greenergized’ (UK: Greenleaf, 2013) and a technical consultant for a low-carbon transport project in the Philippines. He is working on a new business fable on corporate sustainability. IN SOME parts of Asia, people dangerously hang likePHOTO: AFP - 838 words
-
Article1375 2014-12-19 17 LORO HORTA - If done in an open and transparent manner and with respect for local communities, its agricultural investments overseas can bring significant benefits. BY LORO HORTA benefits.BY LORO HORTA T The writer is a senior diplomat based in Beijing. He is a graduate of the Peoples Liberation1,375 words
-
-
GOVERNMENT & ECONOMY
-
Article, Illustration1014 2014-12-19 18 While the US Fed and BOE look to a boost to growth, ECB worries about possible deflation REU TERS Frankfurt THE world’s major central banks are scrambling to work through the implications of the near halving of the priceREUTERS; PHOTO: REUTERS - 1,014 words
-
567 2014-12-19 18 Confidence hit by rouble crisis, uncertain growth outlook REUTERS London WORLD investors lifted exposure to bonds and cut back on more volatile equities as sentiment was buffeted by a Russian currency crisis, an uncertain growth outlook and rapidly declining energy prices,REUTERS - 567 words
-
306 2014-12-19 18 REUTERS MOSCOW RUSSIAN banks could get a capital boost of up to US$ 17 billion under a new law being prepared by the government to support a sector suffering from Western sanctions and an economic slowdown. The potential capital boost comes afterREUTERS - 306 words
-
324 2014-12-19 18 REUTERS Brussels THE European Union banned investment in Crimea on Thursday, halting European help for Russian Black Sea oil and gas exploration and outlawing European cruise ships from calling at Crimean ports. The new measures, which EU governments have signed offREUTERS - 324 words
-
580 2014-12-19 18 BLOOMBERG Jakarta INDONESIA’S new government plans to cut its budget deficit to one per cent of gross domestic product (GDP) by 2019, partly by reforming the tax system, the finance minister said on Thursday. A shortfall inBLOOMBERG - 580 words
-
302 2014-12-19 18 REUTERS New Delhi INDIAN Prime Minister Narendra Modi has taken direct control of a project-monitoring body to fast-track investments worth almost US$ 300 billion and revive manufacturing in the country, two officials with direct knowledge of the matter told Reuters. Pro-businessREUTERS - 302 words
-
-
TRANSPORT
-
Article, Illustration718 2014-12-19 19 For the first time a Briton occupies No 2 slot, formerly reserved for a French or German, at the planemaker REU TERS Paris A MANAGEMENT reshuffle at Airbus this week marks another step towards focusing Europe’s biggest aerospace company on industrial performanceREUTERS; PHOTO: AFP - 718 words
-
350 2014-12-19 19 Overall output down on weak demand in export markets, changes in models; but growth likely to return next year REUTERS London BRITISH car production will remain flat in 2014, an industry body said on Thursday, as a drop in exports dueREUTERS - 350 words
-
Article, Illustration543 2014-12-19 19 BLOOMBERG New Delhi SPICEJET Ltd, the budget airline controlled by Indian billionaire Kalanithi Maran, resumed flights amid a government flip-flop over a rescue package for the carrier. Spicejet, which has missed salary payments and cancelled about 2,000 flights this month, saidBLOOMBERG; PHOTO: BLOOMBERG - 543 words
-
356 2014-12-19 19 Number of vehicles involved has increased to about 21 million REUTERS Tokyo AIR bag maker Takata Corp has sufficient funds to deal with a global recall that has climbed to about 21 million vehicles after five deaths linked to itsREUTERS - 356 words
-
294 2014-12-19 19 REUTERS Seattle BOEING Co will deliver a record 754 commercial aircraft in 2015, an increase of up to 5.5 per cent, the US Aerospace Industries Association forecast on Wednesday, reflecting expectations of steadily rising production at the world’s biggest planeREUTERS - 294 words
-
349 2014-12-19 19 REUTERS Los Angeles NEGOTIATORS for shipping lines and terminal operators at 29 US West Coast ports remain far from a deal with union dockworkers after seven months of contract talks, the companies said on Wednesday, again blaming theREUTERS - 349 words
-
-
Article1750 2014-12-19 20 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 2 70 8/1 10/1 14/1 MALAYSIA STAR 41 50 8/1 9/1 13/1 15/1 SEA1,750 words
-
Page 20 Advertisements
-
Advertisement293 2014-12-19 20 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,293 words
-
-
BT Lifestyle
-
Article, Illustration1025 2014-12-19 21 Dylan Tan - Inspired by the traditional festive carol, The 12 Days of Christmas, BT Lifestyle takes a tongue-in-cheek look back at the events of 2014 a dizzying year which saw politicians entering showbiz, elite schoolchildren riding public transport, and an anti-gambling ad that made everybody rich Text:Art: Simon Ang & Weatherly Tan - 1,025 words
-
YEARENDER
-
Article, Illustration660 2014-12-19 22 Helmi Yusof - THEATRE BT looks back at the high points in the arts and entertainment from spectacular movies to great books that shaped 2014 By Helmi Yusof helmi@sph.com.sg @HelmiBT HERE are years when Singapore theatre is dominated by intense charac-ter-driven dramas played by a small cast that proveFILE PHOTOS - 660 words
-
Article, Illustration733 2014-12-19 22 Helmi Yusof - BOOKS By Helmi Yusof helmi@sph.com.sg @HelmiBT FROM a poignant graphic novel to an anthology of love poems to a collection of non-fiction essays, the best local books make you look at life on this little island in a different light: Last Train From Tanjong Pagar By733 words
-
Article, Illustration657 2014-12-19 22 Helmi Yusof - VISUAL ART By Helmi Yusof helmi@sph.com.sg @HelmiBT THE visual art scene is revving up faster than any other the arts sector, with numerous exhibition spaces putting out incredible shows by the region’s top artists. These 10 emerged among the best: Countershadows (Tactics in Evasion) Lasalle CollegeFILE PHOTOS - 657 words
-
-
YEARENDER/MOVIES
-
Article, Illustration582 2014-12-19 23 MUSIC MUSIC took a big step into the digital age in 2014 when U2 decided to give away their new album for free. The controversial move was a huge one for an industry and even though it cost iTunes users nothing to download it, not everybodyPHOTOS: REUTERS - 582 words
-
Article, Illustration396 2014-12-19 23 Dylan Tan - By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT PUT The Matrix, Cloud Atlas and a dash of The Crying Game into a blender and you might end up with Predestination, a brainy time-travel thriller that manages to spring a surprise just when you think you've seen396 words
-
Article, Illustration1172 2014-12-19 23 2014 saw the usual forgettable flicks but there were some gems that simply stood out MOVIES THE 2014 year in cinema yielded the usual jumble of forgettable flicks, bombs and blockbusters, sequels and prequels and one groundbreaking indie entry. Undoubtedly the biggest hit of the yearFILE PHOTO - 1,172 words
-
Article, Illustration571 2014-12-19 23 Geoffrey Eu - REVIEWS By Geoffrey Eu THE Hobbit: Battle of the Five Armies brings an end to an epic journey and a remarkable feat of endurance, fraught with danger at every turn and among the most ambitious any individual has ever attempted. I am referring of571 words
-
-
WINE/ARTS
-
Article, Illustration616 2014-12-19 24 Lewis Mitchell - By Lewis Mitchell IT may come as a surprise but whisky, for so long seen as an “old man’s” drink and less fashionable than say, wine or gin, is now becoming fashionable among women. What’s more, this increasing popularity with the fairer sex has contributed to record616 words
-
Article, Illustration884 2014-12-19 24 NK YONG - The secret to success is savvy wine-pairing.BY WINE wine-pairing.BY NK YONG IN keeping with state of the world economy, one may be inclined to be a little more thriftier this Christmas. On the other hand, one may take a defiant “business as usual” approach, determined to celebrateFILE PHOTO - 884 words
-
Article, Illustration576 2014-12-19 24 Helmi Yusof - THEATRE By Helmi Yusof helmi@sph.com.sg @HelmiBT BOLDLY going where no cabaret revue has gone before, the new Dim Sum Dollies show The History of Singapore Part 2 mines humour out of politically sensitive episodes such as Operation Coldstore in the 1960s, the Marxist Conspiracy in the 1980s andPHOTO: DREAM ACADEMY - 576 words
-
Article, Illustration729 2014-12-19 24 Cheah Ui-Hoon - By Cheah Ui-Hoon uihoon@sph.com.sg “DID you watch the movie ‘The Monuments Men’? asks Professor John F Asmus midway through his interview. Well, it turns out that the character whom George Clooney played in the movie was instrumental in converting one of America’s top research physicistsPHOTOS: AFP, CHEAH UI-HOON - 729 words
-
-
CITY LIFE
-
Article, Illustration850 2014-12-19 25 Tay Suan Chiang - Lion City Kitty The Cat Museum, Muses Mansion is a purrfect haven By Tay Suan Chiang taysc@sph.com.sg @TaySuanChiangBT IN the span of a year, Singapore welcomed at least five cat cafes. Now, the Lion City can add a cat museum to the list. Lion City Kitty The CatPHOTO: LION CITY KITTY - 850 words
-
CITY BUZZ BT writers' picks of what to see, do or talk about
-
Article, Illustration213 2014-12-19 25 Helmi Yusof - By Helmi Yusof ART Gillman Barracks in December YOU could always find good art at Singapore’s premier art cluster off Alexandra Road. But at no time in this writer’s memory has it offered so many excellent pieces. Indeed, Gillman Barracks this month could rival any top museumPHOTO: GILLMAN BARRACKS - 213 words
-
Article, Illustration157 2014-12-19 25 Dylan Tan - By Dylan Tan Artistry Cafe, 17 Jalan Pinang VETERAN singer-songwriter Kevin Mathews plays under different guises but he’s going solo for 20 Originals, a unique musical concept he launched earlier this year. In it, an artist plays nothing but two sets comprising 10 self-composed tunes each. This Christmas, MathewsPHOTO: ARTISTRY - 157 words
-
Article, Illustration293 2014-12-19 25 Debbie Yong - By Debbie Yong “Senses and Feelings” with Krug AS a toast to their recent appointment as a Krug ambassador restaurant in Singapore, the people behind Stellar at 1-Altitude have debuted a special Krug pairing menu for lovers of fine food and exquisite bubbly. The “Senses and Feelings” experience isPHOTO: STELLAR AT 1-ALTITUDE - 293 words
-
Article, Illustration187 2014-12-19 25 Tay Suan Chiang - By Tay Suan Chiang The Local People x DBS PayLah! Night Market TIME for some last-minute Christmas shopping. The Local People, an art collective is holding its Christmas night market, where there food, art and retail vendors such as Second Helpings, Thow Kwang Pottery Jungle, and Salt Of The187 words
-
Article, Illustration160 2014-12-19 25 Rachel Loi - By Rachel Loi TripList: http://triplistapp.com GOING on holiday is always fun. Packing for said holiday, not so much. But when you can’t put it off anymore, let TripList do the job for you. This free app (left) basically lets you create customised packing lists for any kind of upcoming160 words
-
-
-
-
Page 21 Advertisements
-
Advertisement27 2014-12-19 21 CINEMA, MUSIC AND THE ARTS The Year of highs and lows 22 -23 CITY LIFE BT writers’ picks of what to see, do or talk about /2527 words
-
-
Page 24 Advertisements
-
Advertisement12 2014-12-19 24 DOB Borderless Black Glass l&lllilllilil www.vintec-cellar.com Vinrec WINE PRESERVATION TECHNOLOGY SEAMLESS lltliltlill12 words
-
-
Page 25 Miscellaneous
-
Miscellaneous345 2014-12-19 25 CRYPTIC CROSSWORD Across 9 Wonder about a queen being well-informed (5) 10 Indian city bar at which girl has mineral (9) 11 Fighting force will carry our weapons, etc (7) 12 Encouragement at table to get moving (7) 13 Character in Athens leading group as guide (5) 14 Trick to345 words
-
-
Page 26 Advertisements
-
Advertisement739 2014-12-19 26 FENDI 3Baguette Arm candy for the ladies with this stunning take on the Baguette bag, first created by Silvia Venturini Fendi in 1997. The design has achieved cult status with the fashion cognoscenti around the world. Galleria Level, B1-22 Ralph Lauren Cooper Bag If you adore bags in luxurious alligator739 words
-