The Business Times, 9 January 2015

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Microfilm: NL33339
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    30 1 THE BUSINESS TIMES S$1.00 Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg G C ©BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 I Wednesday, October 8, 2014 Fri January 9 5
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  • DAILY DIGEST
    • Article
      Lock icon Standard Chartered
      37 1 has bowed out of the institutional equities business and announced 2,000 more job reductions in its retail business amid cost pressures. But it said it would retain focus on its second-largest market, Singapore.TOP STORIES 2
      37 words
    • Article
      Lock icon Even at US$50 per barrel
      47 1 current oil prices will not affect most existing oil production. With operating costs still significantly lower, it would take at least another US$10 drop before existing production would be shut down to reduce the current supply glut, analysts say. top stories 4
      47 words
    • Article, Illustration
      Lock icon The horrific Paris killing
      30 1 of 12 cartoonists, journalists and their editor at satirical magazine Charlie Hebdo is expected to boost security surveillance in offices all over Europe. TOP STORIES 5
      30 words
    • Article
      Lock icon An advocacy group
      30 1 has suggested that businesses consider overseas markets and non-equity funding to raise capital, as it expects a lacklustre 2015 for the Singapore stock market. COMPANIES MARKETS 6
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    • Article
      Lock icon Indian Prime Minister Narendra Modi
      33 1 faced down the first major opposition to his economic agenda as coal unions called off a two-day-old strike that had threatened to paralyse the nation. ENERGY COMMODITIES 13
      33 words
    • Article
      Lock icon Samsung Electronics
      28 1 is relying on a 40-year-old memory-chip unit for earnings growth as sales of its Galaxy smartphones are eclipsed by Apple Inc and Xiaomi Corp. technology 14
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    • Article
      Lock icon British businesses
      32 1 enjoyed a strong end to 2014, marked by rising demand at home and abroad, and a record number of companies hiring staff, a major business survey showed on Thursday.CONSUMER 15
      32 words
    • Article
      Lock icon The M1 Fringe Festival
      19 1 continues to showcase some of the most challenging art from around the world. ARTS 26
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  • Article
    Lock icon MARKETS
    26 1 Wednesday Change STI 3,345.11 (+46.75) KL COMP 1,728.06 (+18.88) NIKKEI 225 17,167.10 (+281.77) HANG SENG 23,835.53 (+154.27) SHENZHEN B 1,062.32 (+1.25) DOW(11am EST) 17,862.98 (+278.46)
    26 words
  • Article
    Lock icon Plunging oil prices a double-edged sword for Asia, say economists
    1005 1  -  Full impact on region’s economies may not have been felt yet; governments urged to use gains from lower oil costs to carry out economic reforms By Anthony Rowley btworld@sph.com.sg Tokyo A SLIGHT rebound in oil prices on Thursday helped calm
    1,005 words
  • Article
    Lock icon Demand in construction sector holding up this year
    943 1  -  BCA estimates contracts to hit S$29b-36b with public sector taking the lead, after a record S$37.7b in 2014 By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore PUBLIC sector projects will be key demand drivers for the construction sector this year, as private sector projects
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  • Page 1 Advertisements
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      100 1 *****4 SG50 CELEBRATIONS Essential guide to the Golden Jubilee BT LIFESTYLE 28 i GH AN ICON RETURNS OMEGA launched the original Seamaster 300 in 1957. An instant classic, it was admired by generations of divers and underwater professionals. More than half a century later, it has been completely upgraded and
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      28 1 HDB Resale prices fall 0.4% to 41-month trough in December real estate /17 PECK SEAH STREET K Line sells row of 6 shophouses for S$42.8m REAL ESTATE 17
      28 words
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      12 1 RELATIVELY CHEAPER Buy H-shares instead of A-shares, say analysts COMPANIES MARKETS 9
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  • TOP STORIES
    • Article, Illustration
      Lock icon Minimal impact in Singapore as StanChart shaves off business
      688 2  -  UK bank shuts institutional equities segment, slashes 2,000 more jobs in retail sector amid cost pressures By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore STANDARD Chartered on Thursday bowed out of the institutional equities business, and announced 2,000 more job reductions in its
      BT FILE PHOTO  -  688 words
    • Article
      Lock icon StanChart equities closure is overdue but welcome
      382 2  -  REUTERS BREAKINGVIEWS By Peter Thal Larsen Hong Kong FOR most investment banks, underwriting and broking equities is a poor business. Revenue rarely exceeds the costs of providing the service. Yet, most institutions insist that the business is essential. Standard Chartered just became a
      382 words
    • Article, Illustration
      Lock icon Three-month Sibor continues to rally while SOR crashes
      420 2  -  Renewed upside momentum in USD/SGD could drag SOR higher By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore LOCAL interest rates remain very volatile amid market uncertainties. The key three-month Singapore interbank offered rate (Sibor) continued its upward trajectory on Thursday, though the pace
      Source: Bloomberg  -  420 words
    • Article
      Lock icon New appointment at Malaysia’s controversial state-backed fund ignites concerns
      789 2  -  By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore THE bewildering and sudden helm change at Malaysia’s controversial 1Malaysia Development Bhd (1MDB), more so as the state-backed fund prepares for a delayed but desperate-ly-needed stock offering of its energy assets, has roused concerns that
      789 words
    • Article
      Lock icon Existing oil production ‘mostly untouched by current oil price’
      603 4  -  Analysts also say it will take at least another US$10 price fall before output is shut down to reduce supply glut By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore EVEN at US$50 per barrel, current oil prices will not affect most existing oil
      603 words
    • Article
      Lock icon KKR sets up NBFC for Indian property with GIC investment
      337 4  -  By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore WITH an investment from GIC, global investment firm KKR has established a non-banking financial company (NBFC) that will provide structured credit solutions to India’s real estate sector. While GIC did not issue a news
      337 words
    • Article, Illustration
      Lock icon Ex-MP sets up new networking and business education initiative
      609 4  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore A NEW business education and networking initiative has been set up by former People’s Action Party (PAP) Member of Parliament Leong Horn Kee, with a cast of mentors that includes some notable businessmen as well
      609 words
    • Article, Illustration
      Lock icon Paris attack likely to boost security surveillance in Europe
      875 5  -  Meanwhile, amid condemnation of the attacks, right-wing groups are milking the global outrage for their own political agendas By Neil Behrmann btworld@sph.com.sg London THE horrific killing of 12 cartoonists, journalists and their editor at Charlie Hebdo, a satirical magazine in Paris,
      PHOTO: REUTERS  -  875 words
    • Article, Illustration
      Lock icon Why Charlie Hebdo is every reader’s business
      713 5  -  TT BTBLOGS By Joyce Hooi joyceh@sph.com.sg @JoyceHooiBT FOR those who love a good laugh, this has been an exceedingly grim week. The massacre at satirical magazine Charlie Hebdo has violated, in the worst possible way, the amorphous compact between press and public a
      713 words
    • Article
      Lock icon EcoHouse winds up, creditors to meet next week to start liquidation proceedings
      673 5  -  Singapore investors who put money into its Brazilian housing project have filed a class-action suit By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore ECOHOUSE Developments Limited, the Brazilian social-housing developer that amassed up toS$65.55 million from Singapore investors and
      673 words
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      30 2 Paint the town red, or just your room Find painters to do the job or promote your services in CLASS 112 To advertise, call the Print Classified Hotline: 1800-289 9988
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      107 3 PPL SHIPYARD congratulates oro negro on the naming of Impetus PPL Pacific Class 400 Jack Up Drilling Rig by Guest-of-Honour Lady Sponsor Ms Valerie Pahl Hernandez 9 th January 2015 c s'/ if 5 mm i 4 1 >: IF— c iii O. oro kl n egrp x k h£
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  • Page 4 Advertisements
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      133 4 THE HWM HARDWAREZONE.COM TECH AWARDS 2015 The annual HWM+HardwareZone.com Tech Awards is back once again to honour all the revolutionary tech products launched in the past year! Find out what our editors and tech gurus favour in the Editor’s Choice Awards, and be a part of the judging panel by
      133 words
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      Lock icon Page 4 Advertisements Column 2
      197 4 An inaugural March career fair by STJobs.sg HUNTINGSEASON ISOVER. Stop having to seek out your ideal candidates and let them come to you instead! Be a part of the STJobs Express Fair 2015, the definitive event for companies who are looking to diversify their workforce with the right talent. Why
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  • Page 5 Advertisements
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      216 5 i. 1 5 lo55 v 3*1 9 -*x& r n i v A 4 *V y v «s ><r ’^■gpri IT M ,he LOVE OF BEEF Steak lovers rejoice as you delight in our meaty offerings this January. Get ready to indulge in fork-tender and succulent premium USDA certified 1855
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  • COMPANIES & MARKETS
    • Article
      Lock icon SGX panned as a place to raise funds in 2015
      614 6  -  Association which says it represents nearly 30 listed firms urges Singapore businesses to consider markets abroad By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore AN advocacy group has suggested that businesses consider overseas markets and non-equity funding to raise capital, as it
      614 words
    • Article
      Lock icon Advocacy group’s actions do not serve interests of small, mid-caps
      773 6  -  TT HOCK LOCK SIEW BY KENNETH LIM kenlim@sph.com.sg @KennethLimBT AMBIGUITY and red herrings plague an advocacy group’s report that paints a bleak outlook for the Singapore stock market in 2015 and suggests that companies may do better raising capital overseas.
      773 words
    • Article, Illustration
      Lock icon Five largest healthcare stocks generate 2014 average total return of 11.3%
      534 6  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore STOCKS of healthcare companies, including drugmakers, healthcare equipment manufacturers, biotech firms and services providers, have had a strong showing in 2014. The Singapore Exchange (SGX) Healthcare Index, made up of 28 stocks, generated
      Source: SGX  -  534 words
    • Article
      Lock icon Raffles Edu’s unit eyeing HK$118.8m in listing
      463 8  -  Oriental University City placing 45m shares at indicative range of HK$2.60-2.68 apiece By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore RAFFLES Education Corporation’s Oriental University City is aiming to raise HK$118.8 million (S$20.52 million) in gross proceeds through its listing on the Hong Kong
      463 words
    • Article
      Lock icon Triyards’ Q1 profit up 13% to US$8.2m on better margins
      445 8  -  Offshore engineering group also reports US$75.4m in new liftboat orders By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore MAINBOARD-LISTED offshore engineering group Triyards Holdings has reported a 13 per cent rise in net profit to US$8.22 million for the first quarter
      445 words
    • Article
      Lock icon Joyas gets nod for new nickel business, rights issues
      451 8  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore METAL knick-knacks maker Joyas International Holdings has received shareholder approval to diversify into nickel distribution and trading, and will undertake war-rant-and-convertible rights issues to raise capital for the new business. The approval will allow Joyas
      451 words
    • Article
      Lock icon EMAS Offshore’s Q1 profit up, revenue down
      215 8  -  By Teh Shi Ning tshining@sph.com.sg @TehShiNingBT Singapore EMAS Offshore reported on Thursday a rise in net profit to US$148.4 million for the first quarter ended Nov 30, 2014. This was more than 10 times its net profit of US$10.4 million for the year-ago
      215 words
    • Article, Illustration
      Lock icon Buy H-shares instead of A-shares: analysts
      780 9  -  Fast pace of A-share rally turns observers cautious; H-shares seen as relatively cheaper By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore AS China’s A-share market on the Shanghai Stock Exchange remains red-hot, analysts are reminding investors not to ignore the relatively cheaper Chinese companies listed in
      Source: Bloomberg  -  780 words
    • IN BRIEF
      • Article
        Lock icon Olam changes fiscal year-end to Dec 31
        71 9 OLAM international is changing its fiscal year-end from June 30 to Dec 31. This is to enable the company to comply with the group consolidation and reporting requirements of its majority shareholder Temasek Holdings. With this change, the company's current fiscal year, which
        71 words
      • Article
        Lock icon CAO gives warning of poorer profits for 2014
        83 9 CHINA Aviation Oil (Singapore) Corporation Ltd (CAO) said on Thursday that the group’s financial performance will be poorer for Q4 2014. Its full-year 2014 financial results would also be weaker compared to FY2013’s. This is mainly due to the “highly volatile global
        83 words
      • Article
        Lock icon Keppel Reit unit secures S$120m loan facility
        73 9 A WHOLLY-OWNED subsidiary of Keppel Reit, Keppel Reit Fin. Company (KRFC), has obtained a S$120 million term loan facility, secured with a corporate guarantee by RBC Investor Services Trust Singapore. Under the terms of this loan facility agreement, the lender may require KRFC
        73 words
    • Article, Illustration
      Lock icon Tiger among top 20 most heavily traded stocks by volume
      499 9  -  OCBC analyst keeps “sell” call, cuts fair value price from S$0.21 to S$0.18 HOT STOCK By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore BUDGET carrier Tiger Airways was among the top 20 most heavily traded stocks by volume on Thursday, although the
      Source: Bloomberg  -  499 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 10 STI Catalist Straits Times Index Jan 8,2015 3,345.11 +46.75 (+1.42%) Current streak 2 days Day high 3,347.21 Day low 3,299.64 52-week high 3,374.06 (July 31, 2014) 52-week low 2,960.09 (Feb 5, 2014) FTSE ST Catalist index Jan 8,2015 754.70 +1.48 (+0.20%) Current streak 2 days Day high 757.81 Day low
      63 words
    • Article, Illustration
      Lock icon STI gets 1.4% boost from oil, Wall Street
      653 10  -  Index gains 46.7pts,; major Asian markets up with Nikkei, Hang Seng, Kospi advancing but Shanghai drops 2.4% STOCKS By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT STEADIER oil prices and an uplifting overnight cue from Wall Street led to the back-to-back rise in the local
      Source: Bloomberg  -  653 words
    • Article
      Lock icon STI STOCKS
      304 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 240 unch 242/236 250 206 5.9 6068 CapitaLand 327 +2 328/324 348 268 16.4 2.4 *****.9 CapitaMall Trust 203 -5 207/203 209 180 5.1 7040.6 CityDev 1032 +30 1033/996 1118 860 14
      304 words
    • Article
      Lock icon MOST ACTIVE
      36 10 VOLUME Oceanus 99,066,000 Lottvision 46,708,000 Pacific Andes R 39,526,000 China New Town 32,660,000 Vallianz 32,587,000 Market volume 1,588,905,000 VALUE SingTel 119,586,940 DBS Grp 89,397,511 UOB 87,137,380 OCBC Bank 79,635,500 CapitaLand 47,797,560 Market value 1,167,218,000
      36 words
    • Article
      Lock icon SGX ETFs
      111 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap UETF SSE50China 226 -4 125 235/226 235/140 226/229 70.6 IS MS India US$ US730 +11 124 730/723 790/541 731/734 91.3 STI ETF 339 +4 119 339/335 343/298 339/340 DBXT CSI300 US$ US999 -23 51 1033/996 1034/613
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Jan 8 VALUE CLOSE BT OB/OS 266.00 +175.00 BT CADI -*****.00 +117.00 BT 10-day MA -*****.00 +27.00 FTSE ST Mid Cap 757.44 +5.53 FTSE ST Small Cap 501.99 +3.45 FTSE ST All Share 803.90 +10.01 FTSE ST China Top 194.10 +1.71 FTSE ST China 229.59 +2.80 FTSE
      77 words
    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 10 STI FTSE ST All-Share FTSE ST All-Share Index Jan 8,2015 803.90 +10.01 (+1.26%) Current streak 2 days Day high 803.97 Day low 794.68 52-week high 819.39 (July 31, 2014) 52-week low 722.35 (Feb 5, 2014)
      35 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE Index Jan 7,2015 1,697.01 -8.92 (-0.52%) Current streak 4 days Day high 1,710.37 Day low 1,696.14 52-week high 1,995.49 (July 3, 2014) 52-week low 1,697.01 (Jan 7, 2015)
      33 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 0 4 0 0 0 10 0 4 Manufacturing 47 36 41 11 8 6 58 44 47 Commerce 18 14 24 6 2 6 24 16 30 Tpt/Stor/Comms 25 7 9
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 17,816 17,816 66,611 66,611 Manufacturing 310,026 57,193 367,219 94,970 9,866 104,836 Commerce 165,453 48,392 213,845 57,293 3,392 60,685 Tpt/Stor/Comms 162,479 947 163,426 241,717 365 242,082 Finance 22,330 316 22,646 278,774 69 278,843 Construction 21,985 8,467
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    • Article
      Lock icon GAINERS
      79 10 BY CENTS CLOSE UP 52w high/low IS S&P500 US$ ***** 449.6 1.7 *****/***** SPDR S&P500 US$ ***** 438.9 1.6 *****/***** DBXT China50 US$ 3396 111.1 2.5 3396/2577 DBXT MSKorea US$ 5596 108.4 1.5 6735/5484 DBXT MSTHAI US$ 2050 105.7 4.0 2225/1690 BY PERCENTAGE CLOSE UP 52w high/low Joyas W*****5
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    • Article
      Lock icon LOSERS
      76 10 BY CENTS CLOSE DOWN 52w high/low DBXT E50 US$ 4586 -251.5 -3.9 5630/4586 GLD US$ ***** -115.1 -0.7 *****/***** DBXT MSJAP US$ 4433 -56.2 -0.9 4814/4260 DBXT CSI300 US$ 999 -30.8 -2.3 1034/613 UOB.ES.1501 2391 -13.0 -0.5 2453/2387 BY PERCENTAGE CLOSE DOWN 52w high/low MFS Tech 12.7 -32.8 -6.2
      76 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      85 10 VOL CLOSE($) CHANGE Cedar Strategic 12,505.0 0.002 +0.001 +100.00 Oceanus 99,066.0 0.012 +0.002 +20.00 China Hongcheng 300.0 0.009 -0.001 -10.00 Edition 50.0 0.040 +0.006 +17.65 Mann Seng Metal 65.0 0.089 -0.006 -6.32 Next-Gen Sat 13,072.0 0.003 +0.001 +50.00 China Gaoxian 12,886.0 0.029 +0.003 +11.54 China New Town 32,660.0
      85 words
    • BROKERS’ TAKE
      • Article
        Lock icon Tiger Airways | Sell
        219 10 Tiger Airways Sell Jan 8 close: S$0.265 Target price: S$0.20 OCBC Investment Research, Jan 8 IN a bid to repair its balance sheet, Tiger Airways Holdings’ (Tigerair) did a rights issue exercise, which closed on Dec 29, 2014, and was fully subscribed with total valid acceptances and excess applications received
        219 words
      • Article
        Lock icon United Overseas Bank
        77 10 Buy Jan 8 close: S$24.02 Target price: S$26.70 Maybank Kim Eng Research, Jan 7 UOB sues Lippo and seven others for “conspiring” to get inflated home loans of S$181 million. Classified as NPLs (non-performing loans) since June 2014, with some provisions. Little EPS (earnings per share) impact.
        77 words
      • Article
        Lock icon Singapore banks
        153 10  -  Compiled by Kenneth Lim Overweight CIMB Research, Jan 7 RISING interest rates is clearly one of our 2015 themes, driving our Singapore strategy “Buy banks, hotels and dollar plays?”. But, we think this surge in Sibor (Singapore interbank offer rate) is not the real deal. When Fed fund
        153 words
    • Article
      Lock icon CALENDAR
      13 10 DATA I 9.30 am China CPI I 9.30 pm US unemployment rate
      13 words
    • Article
      Lock icon Euro falls for 5th day on bets of ECB easing
      406 11 CURRENCIES REUTERS London THE euro extended losses into a fifth day on Thursday, reaching another nine-year low, as investors ramped up bets that the European Central Bank (ECB) was getting closer to adopting quantitative easing to ward off deflation. A
      REUTERS  -  406 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 Jan 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.959 5.037 0.686 6.287 50.959 103.090 0.971 8.893 2.894 1.039 81.677 36.526 1.085 9.461 0.824 25.941 26.662 0.538 0.811 Canada 1.043 5.252
        471 words
      • Article, Illustration
        Lock icon HANG SENG
        2 11
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      • Article, Illustration
        Lock icon NIKKEI
        1 11
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 11
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      • Article, Illustration
        Lock icon DOW JONES
        2 11
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 Jan 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0843 1.0851 0.8104 0.8109 Canadian dollar 1.1306 1.1313 0.8454 0.8450 Euro 1.5814 1.5822 1.1819 1.1823 NZ dollar 1.0436 1.0446 0.7800 0.7806 Sterling pound 2.0161 2.0169 1.5068 1.5072
        155 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 Jan 8 S$ Bid Offer 1-month 1.3385 1.3389 2-months 1.3391 1.3395 3-months 1.3397 1.3403 6-months 1.3407 1.3414 Source: OCBC
        22 words
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        365 11 Jan 8 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.40 *****.71 *****.09 Mar15 *****.00 *****.00 *****.00 *****.00 *****2 *****3 Jun15 *****.00 8 3196 MSCI TAIWAN INDEX FUTURES SPOT 337.43 340.62 336.84 Jan15 331.30 341.50 331.30 341.50 ***** *****0 Feb15 332.10 341.20 332.10 341.50
        365 words
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        208 11 Most active Jan 8 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left China Gaoxian FibreFab W*****8 0.3 0.1 6496 1 10 255 9.67 44 Rowsley Ltd W*****3 4.4 -0.1 4756 1 18 21 DBS MB eCW*****2 11.1 1 3657
        208 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 11 In local curr In S$ In US$ dy yr dy yr dy yr Jan 7 Index Change Change Change Change Change Change World Preliminary 1247.9 0.6 -2.2 0.8 -1.8 0.3 -3.0 EAFE Preliminary 961.6 0.3 -2.6 0.0 -3.3 -0.5 -4.4 Europe Preliminary 1347.1 0.4 -2.5
        373 words
    • BANK RATES
      • Article
        Lock icon SIBOR
        36 11 Jan 8 (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
        36 words
      • Article
        Lock icon INTERBANK RATES
        154 11 Jan 8 $S Offer Bid 0vernight 0.05 0.03 1-month 0.625 0.50 2-months 0.625 0.50 3-months 0.6872 0.5625 Overnight mode: 0.10 US$ Offer Bid 7 days 0.17 0.07 1 month 0.23 0.13 2 months 0.28 0.18 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
        154 words
      • Article
        Lock icon GOVERNMENT SECURITIES
        65 11 Jan 8 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 105.03 5-Year N*****0H 1.625 01-Oct-19 100.42 100.50 100.50 10-Year NY*****H 3.000 01-Sep-24 107.15 107.30 107.10 15-Year NY*****E 2.875 01-Jul-29 104.84 105.05 104.80 20-Year NZ*****V 3.375 01-Sep-33 111.14 111.40 111.10
        65 words
    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        249 11 Jan-7 Price Net change change Last Trade Agricultural Jan-7 CBOT Soybeans (US cents/bu) 1052.75 1.75 0.17% 14/01/2015 CBOT Soybean Oil (US cents/lb) 32.98 0.29 0.89% 14/01/2015 CBOT Wheat (US cents/bu) 579.50 -12.25 -2.07% 13/03/2014 Jan-7 LIFFE Cocoa (£/tonne) 2016.00 16.00 0.80% 16/03/2015 LIFFE Coffee (US$/tonne) 1961.00 27.00 1.40%
        249 words
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      Lock icon Page 6 Advertisements Column 3
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      74 6 v\nchi ybuvA -MvwJs 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! t. V. s Call us to enquire how we can help
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      242 7 Jacking up to new heights for Mexico 7 th KFELS B Class jackup rig to work for REM EX Keppel PELS has delivered YUNUEN, a KFELS B Class jackup rig, to Mexico's national oil company Petroleos Mexicanos (PEMEX), on time, with a perfect safety record and within budget. YUNUEN is
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      2806 8 The Business Times ik t I 1 1 To11 free 1800 289 8822 I I Email notices@sph.com.sg I V i B il www.sphclass.com.sg/notices PNE INDUSTRIES LTD Company Registration no. *****5792R (Incorporated in the Republic of Singapore) :OLJ(’O)OP <NhQO= >>A "O.PO0OO) :-gP‘ 2\@_\A‘ 9J.Lg+-)O DD>>CC NOTICE OF ANNUAL GENERAL MEETING R<7W![
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      17 8 Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices
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      2213 9 PACIFIC ANDES RESOURCES DEVELOPMENT LIMITED (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of PACIFIC ANDES RESOURCES DEVELOPMENT LIMITED (“Company” or “PARD”) will be held at Vanda Ballroom, Level 5, Marina Mandarin Singapore, 6 Raffles Boulevard, Marina Square,
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon ECB revises its meeting schedules, introduces voting rotation system
      730 12 Council to met every 6 weeks instead of monthly; changes for more open communication and less frequent decisions BLOOMBERG Frankfurt THE European Central Bank (ECB) was originally scheduled to announce its first mone-tary-policy decision of 2015 on Thursday, followed by president
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      Lock icon JPMorgan Singapore’s asset mgt arm gets RQFII licence
      312 12  -  Media reports say Singapore’s overall RQFII quota of 50b yuan is far from reaching maximum By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore JP Morgan Asset Management Singapore Limited on Thursday said it has received its Renminbi Qualified Foreign Institutional Investor (RQFII) licence from
      312 words
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      1895 12 The Business Times Ik 1 1 Toll free 1800-289-8822 |\l M I I Email notices@sph.com.sg j I V i j L J www.sphclass.com.sg/notices ASIA FASHION HOLDINGS LIMITED (Incorporated in Bermuda) (Company Registration Number: *****) NOTICE OF SPECIAL GENERAL MEETING Unless otherwise defined, all capitalised terms herein shall bear the same
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      555 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TROPICLAND INVESTMENT PTE. LTD. (Registration No. *****4501K) (In Member’s Voluntary Liquidation) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] An Extraordinary General Meeting of the Company deemed to have been convened pursuant to Section 179(6) of the
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      926 12 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF MW CREATIVE SINGAPORE PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NO. *****7672C NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DEEMED TO HAVE BEEN HELD PURSUANT TO
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  • ENERGY & COMMODITIES
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      Lock icon Modi govt stands firm in coal faceoff as unions call off strikes
      746 13 Coal India’s five major unions were protesting the government’s plan to end the state’s monopoly on selling coal BLOOMBERG New Delhi INDIAN Prime Minister Narendra Modi faced down the first major opposition to his economic agenda as coal
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    • Article
      Lock icon Fire at SP PowerGrid’s Pasir Panjang sub-station
      181 13  -  By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore A FIRE broke out at SP PowerGrid’s Labrador sub-station located at Pasir Panjang Road at about 3pm on Wednesday. The Singapore Civil Defence Force was called in. The SP PowerGrid sub-station houses 230 kilovolt (kV) transformers,
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    • Article
      Lock icon Coffee traders scoop up robusta
      239 13 REUTERS New York TRADERS have scooped up far forward robusta futures at record levels amid concerns that dry weather in top growers Brazil and Vietnam will ravage crops, tightening supplies as roasters buy fewer smooth-er-tasting but higher-priced arabica beans. In one of the first concrete
      REUTERS  -  239 words
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      1074 13 The Business Times L T/^TPT/nT 1 P Toll free 1800-289-8822 M I I Email notices@sph.com.sg j M j J www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ALPHABLAST (SEA) PTE. LTD. (INCORPORATED IN SINGAPORE) COMPANY REGISTRATION NUMBER: *****3602C Notice of Resolution for Member’s
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      1652 13 PACIFIC ANDES RESOURCES DEVELOPMENT LIMITED (Incorporated in Bermuda with limited liability) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a special general meeting of the Pacific Andes Resources Development Limited ("Company”) will be held at Vanda Ballroom, Level 5, Marina Mandarin Singapore, 5 Raffles Boulevard, Marina Square, Singapore
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Samsung returns to chip unit for earnings amid phone slump
      913 14 The company has said it would cut the number of smartphone models by as much as a third this year BLOOMBERG Seoul SAMSUNG Electronics is relying on a 40-year-old memory-chip unit for earnings growth as sales of its Galaxy smartphones
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    • Article
      Lock icon China smartphone maker Xiaomi’s founder wants a bite of Apple’s market
      810 14 AFP Shanghai WHEN the charismatic founder of upstart Chinese smartphone maker Xiaomi took the stage at an Internet conference, he was open about his ambition: world domination. “In the next five to 10 years, Xiaomi has the opportunity to
      AFP  -  810 words
    • Article
      Lock icon Businesses in UK enjoy strong end to 2014, poll shows
      541 15 Manufacturers, services firms fairly confident about prospects for this year REUTERS London BRITISH businesses enjoyed a strong end to 2014, marked by rising demand at home and abroad and a record number of companies hiring staff, a major business survey
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    • Article
      Lock icon Sportswear firms seen outpacing casinos in China
      296 15 REUTERS Hong Kong SPORTSWEAR companies could outpace casinos in Asia in terms of floorspace profitability growth in 2015, as China’s middle class takes advantage of cheaper domestic brands and an anti-corruption campaign hits gaming, UBS said on Thursday. Retailers are skittish about expanding
      REUTERS  -  296 words
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      2223 14 FRASER AND NEAVE. LIMITED (COMPANY REGISTRATION NO. *****0001R) (INCORPORATED IN SINGAPOREl NOTICE OF ANNUAL GENERAL MEETING Date Friday, 30 January 2015 Place Ballrooms II and Ml Level 2, InterContinental Singapore, 80 Middle Road, Singapore *****6 NOTICE IS HEREBY GIVEN that the 116th Annual General Meeting of FRASER AND NEAVE, LIMITED
      2,223 words
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      3631 15 The admission and listing of Frasers Centrepoint Limited on the Singapore Exchange Securities Trading Limited was sponsored by DBS Bank Ltd. as the Sole Issue Manager. DBS Bank Ltd., United Overseas Bank Limited and Morgan Stanley Asia (Singapore) Pte. were the Joint Financial Advisers for the listing of Frasers Centrepoint
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  • GOVERNMENT & ECONOMY
    • Article
      Lock icon KL move on GLCs’ foreign asset buys: low chances of success
      619 16  -  Narrower investment options, reduced returns for stakeholders the likely consequence By Pauline Ng btworld@sph.com.sg Kuala Lumpur AMID a deteriorating ringgit, Malaysia’s move to halt government-linked companies (GLCs) and statutory bodies from buying overseas assets to stem the outflow of
      619 words
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      Lock icon China pushes for more influence in Latin America, Caribbean economies
      558 16 AFP Beijing CHINESE President Xi Jinping pledged to increase cooperation with Latin America and the Caribbean on Thursday as he opened a forum in Beijing with leaders from 30 countries in the region. The China-CELAC (Community of Latin American and
      AFP; PHOTO: REUTERS  -  558 words
    • Article
      Lock icon Hays expects wage growth of up to 3% for British workers
      328 16 REUTERS London BRITISH recruitment firm Hays says it expects wage growth of up to 3 per cent for skilled workers this year, signalling an improvement in the job market and adding to hopes that the economic recovery in the
      REUTERS  -  328 words
    • Article, Illustration
      Lock icon Foundation stones laid for two new NTU medical buildings
      295 16  -  By Fiona Lam fionalam@sph.com.sg Singapore PRESIDENT Tony Tan laid a foundation stone on Thursday at each of Nanyang Technological University’s (NTU) two new buildings for its medical school. The buildings will form the dual campus of the Lee Kong Chian School
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      Lock icon China brings back 680 suspects in anti-graft drive
      315 16 REUTERS Beijing CHINA’S aggressive anti-corruption campaign targeting suspects who have fled abroad has led to an “unprecedented” repatriation of 680 people suspected of committing economic crimes, the China’s Ministry of Public Security said on Thursday. Last July, the government launched the campaign,
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      Lock icon Modi lures overseas Indians as visa rules are eased
      514 16 REUTERS AFP New Delhi Jan 8 (Reuters) PRIME Minister Narendra Modi on Thursday appealed to millions of people of Indian origin across the world to turn to their homeland after he eased visa rules to lure overseas talent, in a bid
      REUTERS; AFP  -  514 words
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  • REAL ESTATE
    • Article, Illustration
      Lock icon HDB resale prices fall 0.4% to 41-month trough in December
      600 17  -  SRX flash figures show resale volume is down 4.1%; analysts cite tighter mortgage servicing ratio limits By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore HDB resale prices fell 0.4 per cent to a 41-month low in December compared to November. Resale volume
      Source: SRX  -  600 words
    • Article, Illustration
      Lock icon K Line sells six shophouses on Peck Seah St for S$42.8 million to fund manager
      609 17  -  By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore A FUND managed by Phoenix Property Investors has made its maiden acquisition in Singapore. The Pan-Asian private equity property fund manager is buying a row of six shophouses along
      609 words
    • Article, Illustration
      Lock icon Road builders recover from a slump as projects speed up
      705 17 INDIA CONSTRUCTION BLOOMBERG Mumbai INDIA’S cash-strapped road builders may be recovering from a slump as project executions gather pace through Prime Minister Narendra Modi’s efforts to cut red tape and revive stalled plans, according to BlackRock Inc. Work has already
      BLOOMBERG; PHOTO: REUTERS  -  705 words
    • Article
      Lock icon Second Duxton resale flat sold for S$918,000
      176 17 Singapore A SECOND Pinnacle@Duxton unit has been sold on the resale market, The Straits Times Online has reported. The five-room, 106 square metre flat on the fifth floor of the iconic Housing Board project at Tanjong Pagar went for S$918,000 on Monday. A
      176 words
    • Article
      Lock icon Record low mortgage rates in Japan may lure back buyers
      693 17 BLOOMBERG Tokyo MORTGAGE rates in Japan have fallen to record lows, bolstering forecasts for a rebound in the residential market dented by April’s sales tax increase. Bank of Japan stimulus will revive the 180 trillion yen (US$2.01 trillion) mortgage market,
      BLOOMBERG  -  693 words
    • Article
      Lock icon Beware of pitfalls in Australian property buys
      860 18  -  By Dominique Grubisa T The author is founder and barrister of Australian investments and Migration Pte Ltd (AIM), a firm that helps non-Australian buyers source properties and handles the legal work for their purchases MANY investors who venture into the Australian property market
      860 words
    • Article
      Lock icon Widodo plans land bank to kick-start infrastructure projects
      395 18 BLOOMBERG Jakarta INDONESIAN President Joko Widodo will start a land bank this year, turning his focus to accelerating infrastructure projects after freeing up budget funds in the biggest overhaul of the country’s fuel subsidy programme. Mr Widodo, known as Jokowi, will establish
      BLOOMBERG  -  395 words
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  • Page 18 Advertisements
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      660 18 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The Business Times CLASSIFIED BUY IT SELL II 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 D17 HOUSE FOR SALE BUNGALOW Beautiful 6860/ 5200
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      225 18 D15 APARTMENT FOR RENT AALTO AALTO 1442 sqft, 3 rms $5K+/1520 sqft 3 rms $5K+ Sea view! 1518 sqft 4 rms $5K+ All units pool view. Partial furn Avail immed. Must view! D08 SHOP FOR SALE DESKER ROAD 2½-sty Famous F&B. Tenanted. Freehold /leasehold. Near Mustafa. Chetan 8484 2979 PN
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  • VEHICLES & LIFESTYLE
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      Lock icon Get into shape at home. No gear needed
      651 19 THE STAR/ASIA NEWS NETWORK adak (Malay for "Rhino"), Fatty, Fadly (a combination of Fatty and Adly) those were some of the names Mr Adly Almanzo Adnan was called regularly in secondary school, because he was obese. While they were certainly hurtful to
      THE STAR/ASIA NEWS NETWORK  -  651 words
  • Page 19 Advertisements
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      494 19 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements the business times CLASSIFIED BUY IT SELL IT FIND IT ALFA FOR SALE ALFA ROMEO BRERA SPIDER 12/’07 Alfa Spider JTS, Super Beauty Pearl White, Love at First Sight. Flexible Loan. High Trade In. $96,800. *****576 *****509 Classic Credit FERRARI FOR SALE
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      90 19 PRODUCTS CURTAINS Chinese New Year Curtains and Blinds (Factory Sale) Many designs to choose from. Don’t Miss! Call Now for a fantastic Buy!!! Eileen *****684 SERVICES AIRCON SERVICES Happy New Year! New Year Promotion! Aircon cleaning, repair, leakage and top-up gas. Islandwide. Lim *****991 SPECIAL INTEREST CLUB MEMBERSHIPS SICC $193K
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  • OPINION
    • Article
      Lock icon The dangers posed by a Sibor hike have been overblown
      553 20 THE recent spike in the Singapore interbank offered rate (Sibor) is not anything homeowners need to be alarmed about. EDITORIAL At first glance, the jump in the three-month Sibor rate from about 0.45 per cent on Jan 2 to 0.62
      553 words
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      Lock icon Is the economic slog really over?
      783 20  -  THE BOTTOM LINE By Robert Samuelson THE WASHINGTON POST WRITERS GROUP Washington HELLO, 2015. We now are in the sixth year of economic recovery since the end of the Great Recession in mid-2009, says the National Bureau of Economic Research, a group of academic
      THE WASHINGTON POST WRITERS GROUP  -  783 words
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      Lock icon 2015 COULD BE YEAR OF POLITICAL LEFT
      1048 20  -  Politicians in elections globally will seek to tap economic hardship and discontent caused by income and status differences in many countries. BY ANDREW HAMMOND BY ANDREW HAMMOND T The writer is an associate at LSE Ideas at the London School of Economics and
      PHOTO: REUTERS  -  1,048 words
    • Article
      Lock icon The brightest lights in economics now lean Left
      853 21  -  TT COMMENTARY By Noah Smith BLOOMBERG VIEW A LOT of people see economics as a “conservative science” that makes up unrealistic theories in order to push a free-mar-ket agenda. I don’t know if that was ever true maybe in the 1970s? but
      BLOOMBERG VIEW  -  853 words
    • Article
      Lock icon Aviation needs real-time satellite-GPS tracking
      326 21  -  TT LETTER TO THE EDITOR Tan Kok Tim I REFER to “UN pushes for better aviation tracking system” (BT, Jan 8). There is concern that it would be costly to transmit information from aircraft to the satellites. However, I hope all aviation players would agree
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    • Article
      Lock icon Time for ‘QE for the people’ in eurozone
      2306 21  -  This is based on the notion that printing large sums of money and distributing it to the public can always stimulate the economy and combat deflation. BY JOHN MUELLBAUER BY JOHN MUELLBAUER T The author is senior research fellow, Nuffield College; professor
      2,306 words
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      103 21 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
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  • TRANSPORT
    • Article, Illustration
      Lock icon Harsh cold puts US networks to the test
      664 22 Shippers adjust schedules, commuters prepped for delays while farmers move to protect crops, livestock REUTERS Chicago ARMED with lessons learned from last year’s polar vortex, the US transportation and shipping network faces its first big test of the winter this week as
      REUTERS; PHOTO: AFP  -  664 words
    • Article
      Lock icon 13 cabin crew say UA fired them for their safety concerns over flight
      339 22 REUTERS London A GROUP of 13 flight attendants say they were illegally fired by United Airlines after refusing to fly on a Hong Kong-bound plane last July that had a “threatening” message scrawled under its tail engine,
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    • Article
      Lock icon Indonesian divers struggle to reach AirAsia plane wreckage
      653 22 They reach the tail but due to poor visibility manage to retrieve only some debris AIRASIA CRASH AFP Pangkalan Bun, Indonesia ELITE Indonesian military divers battled strong currents on Thursday in an effort to reach the submerged tail of crashed AirAsia Flight
      AFP  -  653 words
    • Article
      Lock icon AirAsia crash makes case for ejectable black boxes
      733 22 The idea, which has rebounded at ICAO committees for years, is back on the agenda of its High-Level Safety Conference next month REUTERS Toronto A LONG-DELAYED proposal to outfit commercial airliners with ejectable “black box” recorders may have a better chance of
      REUTERS  -  733 words
    • Article
      Lock icon China to allow parallel imports of cars
      251 22 REU TERS Shanghai CHINA will allow selected car dealers registered in Shanghai’s free trade zone (FTZ) to import and sell cars without the consent of foreign carmakers, according to an official notice published late on Wednesday. The launch of the pilot programme to
      REUTERS  -  251 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    1914 23 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 THOR FRIEND 4 60 23/1 24/1 29/1 OCEANIC PESCADORES 40 60 31/1 4/2
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  • Page 23 Advertisements
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      107 23 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THK BUSINESS TIMES SI ’PING TIMES Make A Splash In The Maritime World Via sf5iiSnaritime.coM Ahoy there! If you are in a business pertaining to any sector
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  • Page 26 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 1
      346 26 CRYPTIC CROSSWORD Across 1 Driving manoeuvre, say doing a U-turn, with Gabriel getting clipped (4,6) 6 Sign of official correspondence for electrical units (4) 9 Mafioso trashed Rome around summer time (7) 10 Match official testimonial with no charge taken (7) 12 Organised worker intrudes into a struggle (5,8) 14
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  • BT Lifestyle
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      Lock icon ESSENTIAL GUIDE TO THE GOLDEN JUBILEE
      1498 28  -  Overwhelmed by the plethora of SG50 celebrations? BT picks out the best in arts, lifestyle and entertainment, so you won’t miss out on the biggest events.BY HELMI YUSOF, TAY SUAN CHIANG DYLAN TAN lifestyle events.BY HELMI YUSOF, TAY SUAN CHIANG, DYLAN TAN helmi@sph.com.sg taysc@sph.com.sg
      FILE PHOTOS  -  1,498 words
    • CITY LIFE
      • Article, Illustration
        Lock icon Get the Karaoke Party started
        555 24  -  Lenne Chai hopes to promote homegrown fashion and music through the video installation, Karaoke Party. BY LISA FRATINI btworld@sph.com.sg IT'S no secret that busting out a tune is a guilty pleasure of many Singaporeans with karaoke machines installed in almost every pub you go to.
        PHOTOS: LING ANG, LENNE CHAI  -  555 words
      • CITY BUZZ BT writers’ picks of what to see, do or talk about
        • Article, Illustration
          Lock icon APP
          194 24  -  By Rachel Loi instant http://emberify.com Moment https://inthemoment.io DO you know someone who’s addicted to their smartphone, but always finds a way to deny it? With apps such as Instant for Android and Moment for iPhone, now there’s a way for you to tell for sure. Instant was founded by
          FILE PHOTO  -  194 words
        • Article, Illustration
          Lock icon THEATRE
          181 24  -  By Helmi Yusof Cats ONE of the most successful musicals of all time, Cats tells the story of a tribe of Jellicle cats who gather at a junkyard for the annual Jellicle ball. Several cats tell stories to amuse Old Deuteronomy, an old wise cat, who will choose one
          FILE PHOTO  -  181 words
        • Article, Illustration
          Lock icon CONCERT
          205 24  -  By Dylan Tan Michael Buble SANDS Live is an intimate concert series featuring the world’s biggest pop stars playing mid-sized halls at Marina Bay Sands. It’s the perfect occasion to get up-close and personal with your favourite acts; just like 5,000 local Rolling Stones fans did when the legendary
          205 words
        • Article, Illustration
          Lock icon DINING
          149 24  -  By Tay Suan Chiang Pioneer Generation Promotion IF Mum and Dad have yet to try Tim Ho Wan’s famed baked bun with BBQpork, now is a good time for them to do so. The Michelin-star Hong Kong dim sum chain is offering a Pioneer Generation Promotion at its Bedok
          149 words
    • WINE/ARTS
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        Lock icon Inexpensive gems
        995 25  -  Barbera wines from Piedmont are affordable yet very enjoyable. WINE BY NK YONG FOR sure, there are some people who drink only great wines Bordeaux Classified Growths, Burgundy Grands Crus etc. I must confess that the anticipation of sitting down to a meal or tasting of such wines
        995 words
      • Article, Illustration
        Lock icon Capturing Yin and Yang on paper
        609 25  -  By @RachelLoiBT Rachel Loi @RachelLoiBT rachloi@sph.com.sg IN the earlier part of his career, Chinese artist Liu Guosong found himself at a major crossroads. He was torn between his love of Oriental ink paintings, and his unwillingness to follow his peers down the traditional route.
        PHOTOS: LIU GUOSONG  -  609 words
      • Article, Illustration
        Lock icon Worlds apart – captured in real time
        867 25  - Worlds apart captured in real time By Cheah Ui-Hoon uihoon@sph.com.sg EVER wondered how life would be different on “the other side” of the world? Or what someone else would be doing, in a place that’s really completely at the other end of the world from Singapore? Artist Chen Sai Hua
        867 words
    • ARTS
      • Article, Illustration
        Lock icon Fabulous Fringe
        566 26  -  M1 Fringe Festival 2015 returns with a new artistic director and more challenging works. BY HELMI YUSOF M1 FRINGE FESTIVAL works.BY HELMI YUSOF helmi@sph.com.sg @HelmiBT INTO its 11th year, the M1 Fringe Festival continues to showcase some of the most challenging art from around the world. Among the
        PHOTOS: THE NECESSARY STAGE, A.LTER S.ESSIO  -  566 words
      • Article, Illustration
        Lock icon Five works to catch
        413 26 PHOTOGRAPHY How Loneliness Goes By Nguan (Singapore) ASK artists whom they think is Singapore’s most underrated artist, and the name “Nguan” pops up a lot. Though his photographs have been exhibited and raved about in other countries, not many people in Singapore are acquainted with images
        PHOTO: NGUAN  -  413 words
      • Article, Illustration
        Lock icon A ‘dream of eternity’ hewn in granite
        711 26  -  By Cheah Ui-Hoon uihoon@sph.com.sg WHAT could be more inspiring to a sculptor than to be be born where it all began in the land of the great pyramids and ancient sculptures? But it’s not where he grew up, or the artforms around him
        PHOTOS: ART PLURAL GALLERY  -  711 words
    • MOVIES/MUSIC
      • Article, Illustration
        Lock icon Homage to the Music Man
        598 27  -  Top entertainers gather to celebrate the life of the late Iskandar Ismail, the former artistic director of ChildAid. BY HELMI MUSIC ChildAid.BY HELMI YUSOF helmi@sph.com.sg @HelmiBT THE music of the late Iskandar Ismail will come back to life in a free concert at the Esplanade
        FILE PHOTOS  -  598 words
      • Article, Illustration
        Lock icon Painterly portrait of a modern master
        548 27  -  MOVIES By Geoffrey Eu THERE are myriad pleasures to be had from watching Mr Turner, a biopic about the last 25 years of the 19th-century British painter JMW Turner, not least of which is an acute sense of being right there by the artist’s
        548 words
      • Article, Illustration
        Lock icon A brief history of living with a genius
        569 27  -  By Geoffrey Eu STEPHEN Hawking turned 73 yesterday, five decades after he was diagnosed with a debilitating motor neuron disease and given only two years to live. He defied the odds and went on to become arguably the world’s most famous living
        PHOTOS: UIP  -  569 words
      • Article, Illustration
        Lock icon Rare ABBA album fetes 40 years of chart-toppers
        623 27  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT LUDVIG Andersson is not doing a very good job of promoting his father’s new record which he has just produced. “Personally, I don’t like ‘live’ albums because I find them very contradictory you are not actually there
        PHOTOS: ABBA  -  623 words
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