The Business Times, 4 May 2015

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Total Pages: 24
1 24 The Business Times
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  • Title Section
    Lock icon Masthead
    24 1 THE BUSINESS TIMES S$1.00 S|jh A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg G Z ©BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 Monday, May 4,2015
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  • Article, Illustration
    Lock icon DAILY DIGEST
    248 1 Prime Minister Lee Hsien Loong is expected to announce at his retreat with Malaysian Premier Najib Razak on Tuesday the location of Singapore’s terminal station for the proposed high-speed rail link with Kuala Lumpur. TOP STORIES/ 2 To avoid nasty and possibly costly surprises in your investing, don’t
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  • Article
    Lock icon MARKETS
    25 1 Weekly Change STI 3,487.39 -25.61 KL COMP 1,818.27 -44.31 NIKKEI 225 19,531.63 -488.41 HANG SENG 28,133.00 +72.02 SHENZHEN B 1,426.32 +29.41 DOW 18,024.06 -56.08
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  • Article
    Lock icon Hang Seng warrants: traders complain
    578 1  -  In 3 letters to SGX and MAS, they allege Macquarie’s pricing is “unfair” and “erratic”, with warrants often not moving in line with underlying index By R Sivanithy sivan@sph.com.sg @RSivanithyBT Singapore A GROUP of professional traders has complained three times over the past six months
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  • Article
    Lock icon Crowdfunding comes to S’pore real estate
    1405 1  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore IT’S NOT just start-ups, tech projects and social campaigns anymore. Crowdfunding in Singapore has embraced a new asset class: real estate nascent even in countries such as the United States, France and Australia. Two such platforms, CoAssets and
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      90 1 Hill 8 '*****1 *****4 ASEAN CORPORATE GOVERNANCE SCORECARD Full rankings of the 100 largest Singapore-listed companies top stories 3 BUSINESS SCHOOLS IN ASIA How should they position themselves in the global marketplace? views from the top 10-11 THE REAL DEAL uncompromising respect for original Thai cuisine at David Thompson's Long
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  • TOP STORIES
    • Article, Illustration
      Lock icon Najib in Singapore for leaders’ retreat
      608 2  -  PM Lee expected to announce Singapore terminal location for high-speed rail link to KL By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE Singapore government is said to have decided on which of three possible locations to site the Republic’s terminal station for the proposed highspeed
      ST FILE PHOTO  -  608 words
    • Article
      Lock icon Flat April continues market’s tale; all eyes on Friday’s jobs report
      911 2  -  WALL STREET INSIGHT By Rob Curran btworld@sph.com.sg A FLAT April continued the US stock market tale for the year: full of sound and fury, signifying nothing. Stock prices flew hither and yon on most sessions last week as they
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    • Article, Illustration
      Lock icon HSBC mulls HQ move: China ties, taxes are key
      1045 3 Formal review could take 6 months of discussions London IN 1990, an assessment called Project Rainbow paved the way for HSBC to move from Hong Kong to Britain. As Europe’s biggest bank now considers moving back, the same exercise offers clues
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      252 2 Tsinghua NTU SMU Raffles CEO Programme 7 th Enrolment in Progress (May 2015-October 2016) Situated in Asia's most liveable city and with the world's 3 of the best tertiary institutions, Tsinghua University, Nanyang Technological University (NTU) and Singapore Management University (SMU) with a focus on Asia China's market. This new
      252 words
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      80 3 ,/jrf 'JT'X m. .*x 'VoV»fcV"»<A V:' Titi*' 3*737' IteS-. >■»■ J m: y r-.;.i X' 1 X&iXXX V* v X' |®pc >;>* vi'K*ssfc?*ir ,ss v XX,-. IE Si -ms mm <v i'?sf SX'?-; V w& You know that renewable energy can change lives. By powering homes, businesses and communities. Our
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Digital, social media consultancy power Weber Shandwick growth
      1154 4  -  These fuel two thirds of firm’s topline growth over the last few years. TOPLINE BY NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT GLOBAL public relations firm Weber Shandwick is banking on the rising importance of digital communications and social media platforms to boost growth in
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    • Article
      Lock icon Strategy: More than a board game
      846 4  -  How should management and board separate their roles, form strategies and implement them successfully. successfully.BY WILSON CHEW T The writer is a member of the governing council of the Singapore Institute of Directors T For more articles, go to btd.sg/BMatters FAILING to plan, as
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    • Article
      Lock icon Corporate purchases surge, buybacks plunge
      1095 5  -  INSIDE MARKETS By Robert Halili T The writer is managing director, Asia Insider Limited DESPITE a shorter trading week corporate purchases of stocks jumped in April 27-30, according to filings on the Singapore Exchange. Twelve companies made a total 17 purchases worth S$4.6 million. This
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    • CORPORATE DIGEST
      • Article
        Lock icon Ramba Energy
        159 5 ramba Energy plans to sell a 14.9 per cent stake in itself to an Indonesian tycoon for S$17.9 million to repay debt and other uses, the oil and gas company announced late Sunday. Ramba will place out 68 million shares, or 14.9 per cent of Ramba’s post-placement share
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      • Article
        Lock icon Elektromotive Group
        91 5 TAN Choon Wee, the chairman of Elektromotive Group’s investment committee, resigned on May 1 amid a restructuring review at the electric vehicle recharging solutions company because he could not “fulfil the duties of an executive director of the company due to his other commitments,” Elektromotive announced on Sunday.Mr
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    • Article
      Lock icon GAINERS
      78 6 BY CENTS CLOSE UP 52w high/low IS S&P500 US$ ***** 266.0 1.0 *****/***** SPDR S&P500 US$ ***** 211.7 0.8 *****/***** DBXT iBoxxSvEu US$ ***** 164.1 0.5 *****/***** GLD US$ ***** 164.1 1.1 *****/***** DBXT MSAsExJp US$ 4033 97.9 1.9 4064/3048 BY PERCENTAGE CLOSE UP 52w high/low ISDN W*****0 2.7
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    • Article
      Lock icon LOSERS
      76 6 BY CENTS CLOSE DOWN 52w high/low DBXT Nifty US$ ***** -410.3 -2.3 *****/***** Jardie C&C 4041 -267.0 -6.2 4770/3850 DBXT AUDBonds AU$ ***** -162.1 -0.7 *****/***** DBXT MSINDO us$ 1356 -160.1 -8.2 1542/1324 JSH USD 3443 -91.3 -2.0 3810/3233 BY PERCENTAGE CLOSE DOWN 52w high/low KepCorp MBeCW*****2 4 -45.2
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    • Article
      Lock icon UNUSUAL ACTIVITY
      81 6 VOL CLOSE($) CHANGE Luxking 613.0 0.030 +0.005 +20.00 IPSSecurex 2,879.6 0.665 +0.120 +22.02 Heatec Jietong 27.0 0.093 +0.020 +27.40 Lizhong Wheel 326.3 0.250 +0.020 +8.70 Koh Eco 384.0 0.044 -0.008 -15.39 Pacific Hc^ 100.0 0.009 -0.007 -43.75 Broadway Ind 2,527.8 0.210 +0.011 +5.53 Pavillon 115.0 0.080 +0.019 +31.15
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    • Article, Illustration
      Lock icon Markets struggling to make headway at key levels
      725 6  -  STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT OTHER than Hong Kong, many major market indices appear to be struggling with particular numerical barriers, sometimes rather naively labelled “key psychological levels’’. On Wall Street, the Dow Jones Industrial Average was unable to put any
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    • Article
      Lock icon STI STOCKS
      317 6 Stock name Close Change Wk high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 247 xd -20 267/244 271 219 5.9 6246.1 CapitaLand 369 cd -3 379/369 379 293 13.5 2.4 *****.8 CapitaMall Trust 219 -8 225/215 228 188.5 4.9 7597.2 CityDev 1067 xd +19 1068/1024
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    • Article
      Lock icon MOST ACTIVE
      34 6 VOLUME SinoConstruction 285,601,200 IHC 170,089,700 Pacific Andes 154,814,100 WE 147,958,900 Noble 141,503,100 Market volume 6,883,004,000 VALUE Singtel 396,780,098 DBS Grp 309,507,648 UOB 295,224,015 OCBC Bank 260,525,667 Keppel Corp 181,197,358 Market value 5,269,110,000
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 6 Apr 30 VALUE CLOSE BT OB/OS -340.00 -58.00 BT CADI -*****.00 -4.00 BT 10-day MA -*****.00 -34.00 FTSE ST Mid Cap 801.56 +3.75 FTSE ST Small Cap 503.21 +0.92 FTSE ST All Share 837.98 +0.76 FTSE ST China Top 213.86 +1.39 FTSE ST China 247.40 +2.92 FTSE
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    • Article
      Lock icon SGX ETFs Most Active
      112 6 Fund Last sale +/-(‘000) Wk high/low 52w high/low Buy/Sell Mcap IS MS India US$ US723 -24 1021 755/719 1000/636 723/726 90.4 STI ETF 352 unch 550 354/350 355/319 351/352 ABF SG Bond ETF 115 unch 366 116/115 123.5/110.2 115/115.5 525 Lyxor HSI US$ US354 +4 336
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    • Article
      Lock icon COMPANY MEETINGS
      123 6 COMPANY MEETING PLACE DATE TIME Global Yellow Pages E 450 Lorong 6 Toa Payoh Hersing Ctr (Lvl 3) Red Auditorium 04-May 10.00am Falcon Energy E 7 Shenton Way S'pore Conference Hall 05-May 2.30pm Regal Intl Group Ltd E 8 Wilkie Rd #03-01 Wilkie Edge 07-May 10.00am OLS Ent
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      36 6 STI FTSE ST All-Share WEEKLY FTSE ST All-Share Index April 30,2015 837.98 -5.88 (-0.70%) Current streak 1 day Week high 845.70 Week low 837.22 52-week high 845.85 (Apr 17, 2015) 52-week low 766.44 (Oct 17, 2014)
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      Lock icon STI / MSCI EAFE
      34 6 STI MSCI EAFE WEEKLY msci EAFE index May 1,2015 1,913.01 -18.93 (-0.98%) Current streak 4 days Week high 1,948.20 Week low 1,913.01 52-week high 1,993.20 (July 4, 2014) 52-week low 1,729.52 (Jan 9, 2015)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 11 2 0 0 0 4 11 2 Manufacturing 69 76 25 12 14 13 81 90 38 Commerce 32 22 21 8 9 2 40 31 23 Tpt/Stor/Comms 13 17 12
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 6 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 77,371 77,371 314,682 314,682 Manufacturing 1,031,343 298,195 1,329,538 481,745 28,967 510,712 Commerce 470,279 346,742 817,021 352,493 11,560 364,053 Tpt/Stor/Comms 717,032 3,540 720,572 975,881 258 976,139 Finance 141,182 1,309 142,491 1,034,710 378 1,035,088 Construction 358,573 74,190
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    • Article
      Lock icon Prices mostly rise on weak dollar and US economy
      835 6 COMMODITIES AFP LONDON COMMODITIES mostly rose last week in holiday-shortened trade, with oil and base metal prices rebounding as the dollar sank on weak US economic growth and the uncertain interest rate outlook. The world’s biggest economy posted first quarter GDP
      AFP  -  835 words
    • Article
      Lock icon US$ advances to 2-week high vs yen; euro dips
      392 7 CURRENCIES REUTERS New York THE dollar touched a two-week high against the yen on Friday and rose from a two-month low versus a basket of major currencies, supported by signs that the US economy may be stabilising after a recent soft
      REUTERS  -  392 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        3 7 WEEKLY
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 7 Apr 30 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.955 4.934 0.708 6.168 50.598 103.059 0.946 8.540 2.831 1.045 80.926 35.439 1.053 9.383 0.743 24.361 26.199 0.515 0.796 Canada 1.047 5.164
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 7 Apr 30 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0529 1.0538 0.7956 0.7961 Canadian dollar 1.1021 1.1028 0.8331 0.8328 Euro 1.4866 1.4874 1.1233 1.1237 NZ dollar 1.0079 1.0088 0.7616 0.7621 Sterling pound 2.0462 2.0475 1.5462 1.5468
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 7 Apr 30 S$ Bid Offer 1-month 1.3241 1.3247 2-months 1.3247 1.3253 3-months 1.3253 1.3260 6-months 1.3274 1.3283 Source: OCBC
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        3 7 COMPOSITEWEEKLY
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      • Article, Illustration
        Lock icon NIKKEI
        2 7 WEEKLY
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      • Article, Illustration
        Lock icon DOW JONES
        3 7 WEEKLY
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 7 Apr 30 $S Offer Bid 0vernight 0.05 Par 1-month 0.75 0.625 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.05 US$ 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 0.60 0.40 9 months 0.70 0.50 12
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      • Article
        Lock icon SIBOR
        36 7 Apr 30 1 mth 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 1.***** SWAP Offer rates 1 mth 0.***** 3 mths 0.***** 6 mths 0.***** Source: Thomson Reuters
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      • Article
        Lock icon GOVERNMENT SECURITIES
        67 7 Apr 30 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.47 102.57 102.57 5-Year N*****0H 1.625 01-Oct-19 100.16 100.45 100.40 10-Year NY*****H 3.000 01-Sep-24 106.32 106.75 106.58 15-Year NY*****E 2.875 01-Jul-29 104.34 104.50 104.50 20-Year NZ*****V 3.375 01-Sep-33 109.77
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    • EQUITY BONDS WARRANTS FUTURES
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        Lock icon SGX DERIVATIVES TRADING
        358 7 May 1 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES SPOT *****.85 *****.13 *****.03 May15 *****.00 *****.50 *****.50 *****9 *****9 Jun15 *****.00 *****.00 *****.50 3033 1793 NIKKEI 225 INDEX FUTURES SPOT *****.85 *****.39 *****.16 Jun15 *****.00 *****.00 *****.00 *****.00 *****8 *****8 Sep15 *****.00 *****.00
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        211 7 Most active Apr 30 Prem Expiry Wk Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Rowsley Ltd W*****3 3.5 -0.1 ***** 1 18 18 DBS MB ECW*****1 13.5 1 ***** 0.1 2180 6 KepCorp MB eCW*****1 8.7 -2.5 ***** 0.2 930
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 7 In local curr In S$ In US$ dy yr dy yr dy yr May 1 Index Change Change Change Change Change Change World Preliminary 1347.1 0.3 5.6 0.5 4.5 0.2 4.2 EAFE Preliminary 1095.8 0.0 11.0 0.0 8.0 -0.3 7.8 Europe Preliminary 1533.2 0.1 11.0
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    • AGRI METALS ENERGY
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        Lock icon COMMODITY FUTURES
        193 7 May-1 Price Net change change Last Trade Agricultural May-1 CBOT Soybeans (US cents/bu) 968.50 -10.00 -1.02% 14/05/2015 CBOT Soybean Oil (US cents/lb) 31.44 -0.07 -0.22% 14/05/2015 CBOT Wheat (US cents/bu) 470.00 3.00 0.64% 14/05/2014 May-1 LIFFE Cocoa (£/tonne) 1974.00 -18.00 -0.90% 13/05/2015 LIFFE Coffee (US$/tonne) 1732.00 -20.00 -1.14%
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      • Article
        Lock icon PALM OIL
        57 7 Apr 30 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 15 2062.0 2078.0 2080.0 2058.0 66 997 Jun 15 2099.0 2085.0 2110.0 2095.0 980 ***** Jul 15 2097.0 2082.0 2108.0 2092.0 ***** ***** Aug 15 2098.0 2083.0
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    • Article, Illustration
      Lock icon No rest for Warren Buffett even after 50 years at Berkshire
      775 8 He spends five hours fielding questions at his anniversary celebration; gave no hints about successor REUTERS Omaha, Nebraska BERKSHIRE Hathaway Inc shareholders has celebrated Warren Buffett’s 50th anniversary of running the conglomerate, as the billionaire expressed optimism the company
      REUTERS; PHOTO: BLOOMBERG  -  775 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      3080 8 Payment Ex Rec Pay Ann (cts) date date date date 8Telecom Intl by 0.130 07-May 11-May 25-May 13-Apr 8Telecom Intl bn 0.130 07-May 11-May 25-May 13-Apr ABR Hldgs ak 1.500 06-May 08-May 28-May 10-Apr Acendas India Trust ak 2.460 06-May 08-May 26-May 29-Apr Adv Integrated Mufg ak 0.230
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    • Article
      Lock icon PRIME LENDING RATES
      271 8 Apr 30 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 ANZ Singapore Bank of Communications 5.50 Bank of East Asia 6.00 Bank of China Limited ...5.50 Bank of Tokyo-Mitsubishi ...5.50 Banque Internationale a ...5.75 Bank of Singapore BNP Paribas
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    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1469 8 Consensus No. of Forecast Mean Thu’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Accordia Golf Trt 1.00 1.00 1 0.04 21.14 1.07 0.81 AIMS AMP Cap Industrial Reit 1.00 1.00 1 0.11 13.91 1.77 1.53 Amtek Engineering 1.00 1.00 1
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      351 4 2-5 JUNE 2015 BASEMENT 2, LEVEL 1 3 MARINA BAY SANDS, SINGAPORE THE WORLD WITHIN REACH m «r a «f- 9 I www.CommunicAsia.com Join us at Asia's largest info-communications technology event with over 1,200 international exhibitors! Witness innovative products and solutions Entire ICT ecosystem from 3D Printing, 5G/4G LIE, Augmented
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      9 4 DB Platinum Crod Branchen Stars R1C-A 27/04/2015 248.75 EUR
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      131 5 North America will export more oil than it imports by 2020. The global energy landscape is changing dramatically. For example, North American oil and natural gas production is sending the regionÕs demand for imports plummeting to historic lows. This creates opportunities as well as risks. CME Group gives producers and
      131 words
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Hoping to resuscitate a portion of Atlanta’s heart
      1005 9 After languishing for years as a tacky, costly hole, Underground Atlanta, a 12-acre complex of viaducts and storefronts, is set for another makeover NYT Atlanta THERE was a time in the 1960s when Underground Atlanta, a 12-acre complex of viaducts and storefronts
      NYT; PHOTOS: NYT  -  1,005 words
  • Page 9 Advertisements
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      331 9 $1.50psf $350psf ONWARDS PAYA UBI INDUSTRIAL PARK LEASE SALE 200 to 7,500 sq ft Own parking space (not inclusive in listed area) Tel: 9090 2222 Office: 53 Ubi Avenue 1 #01-11 Wine, Dine v-.vJ.VM'-.*. v.v), -p, .'W-,. ,A |i El r jk W A N I H A 0 tii
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Business schools: A global vision
      2900 10 THIS WEEK’S TOPIC: How should Asia’s business schools position themselves in the global marketplace for management education? John Bittleston Chairman Terrific Mentors International BUSINESS increasingly has to deal with ethics. If it fails to do this it will be regulated as vigorously as the banks.
      PHOTO: AFP  -  2,900 words
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      108 11 f /O 1 ■V I SAVED $650 ON CAR INSURANCE AND USED IT TO TREAT MYSELF. Linda, cor owner g taaam You too can spend your money a smarter way. Contact us to find out how much you can save. 6665 5555 DirectAsia.com real stories real savings direct asia com
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  • BT-CITIBANK YOUNG INVESTORS’ FORUM
    • Article, Illustration
      Lock icon Are those assets . . . real?
      2712 12  - Are those assets real? To avoid nasty and possibly costly surprises in your investing, don’t be afraid to look closer and ask probing questions. BY CAI HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT I RECENTLY returned from South Korea, where people are apparently so obsessed with their looks that plastic surgery is very common
      PHOTO: BLOOMBERG  -  2,712 words
  • Page 12 Advertisements
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      105 12 GET STARTED NOW Be a young investor Do you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      105 words
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon AIG is reducing its risk, says CEO
      748 13 Peter Hancock suggests he finds SIFI status less objectionable and thinks insurer could work with its Fed regulators NYT New York IF THERE is a path leading out of the realm of “systemically important financial institutions”, American International Group (AIG) may already be
      NYT; PHOTO: REUTERS  -  748 words
    • Article
      Lock icon Global bank regulators seek more risk controls around algo trading
      369 13 REUTERS New York BANKS need to put in place more stringent standards around algorithmic trading to help reduce risks to the financial system as trading becomes more electronic and increasingly complex, a group made up of global regulators said. Most
      REUTERS  -  369 words
    • Article
      Lock icon BNP Paribas to pay US$8.9b in US sanctions violation case
      289 13 REUTERS New York BNP Paribas was sentenced to five years probation by a US judge in connection with a record US$8.9 billion settlement resolving claims that it violated sanctions against Sudan, Cuba and Iran. US District Judge Lorna Schofield in
      REUTERS  -  289 words
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      199 13 Bought A Property In Malaysia And Not Sure What To Do With It? This Event happening on Sat Sun Orchard Hotel is FOR YOU! To register your in Email: Phone: go@mpx.sg egister at go@mpx.sg for free public seminar aysia Property +65 6532-7008 www.mpx.sg 9-10 May 2015 Orchard Hotel Singapore 442
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Leadership switch at top Chinese oil firms
      1040 14 Reshuffle to overhaul state sector as part of President Xi’s insistence that market forces play a more decisive role BLOOMB ERG Hong Kong CHINA is preparing to shuffle the leadership of its biggest oil companies, helping to clear a path in a crucial
      BLOOMBERG; PHOTO: REUTERS  -  1,040 words
    • Article
      Lock icon Shell, Total to align trading and refining units to drive profits
      656 14 They seek alternative ways to hike earnings as oil prices fall and independent trading houses snap at their heels REUTERS London TOP oil firms Royal Dutch Shell and Total are bringing their refining and trading operations closer together, seeking
      REUTERS  -  656 words
    • Article
      Lock icon Saudi Arabia to restructure oil giant Aramco
      698 14 REUTERS Dubai SAUDI Arabia is restructuring the world’s biggest energy company, Saudi Aramco, in a move apparently aimed at letting it operate more at arm’s length from the powerful oil ministry. Analysts expected technocrats to get a freer hand in running the state-owned
      REUTERS  -  698 words
    • Article, Illustration
      Lock icon EU expects to get Turkmenistan natural gas by 2019
      607 14 REUTERS ASHGABAT, TURKMENISTAN THE European Union, keen to lessen its dependence on Russia for energy supplies, expects to start receiving natural gas from Turkmenistan by 2019, European Commission Vice-President Maros Sefcovic said in an interview last Saturday. Russia currently supplies around
      REUTERS  -  607 words
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      394 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CHANCERY INVESTMENTS PRIVATE LIMITED (“In Members’ Voluntary Liquidation”) (Company Reg. No: *****0505N) AND IN THE MATTER OF PACIFIC HOLDINGS LTD (“In Members’ Voluntary Liquidation”) (Company Reg. No: *****1903D) NOTICE OF FINAL MEETINGS NOTICE IS HEREBY GIVEN
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      4 14 www.omy.sg i More @news.omy.sg
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      3942 15 THE BUSINESS TIMES Ik 1 f 1 ✓"'I Toll free 1800-289-8822 I fl I Email notices@sph.com.sg 1 j www.sphclass.com.sg/notices Head Office: 35 Sukhumvit Road, Klong Toey Nua Subdistrict, Wattana District, Bangkok ***** Thailand Singapore Office: 65 Chulia Street, #32-05/07 OCBC Centre, Singapore *****3 Tel: (65) 6533-6691, Fax: (65) 6533-0930 Co.
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Americans stream away in shifting TV landscape
      867 16 Increasingly consumers are using Internet TV services, both free and paid, viewing on a computer or delivered to a large-screen television display AFP Washington STREAMING television is now mainstream, although it has not caused many people to “cut the cord” for traditional pay
      AFP; PHOTO: AFP  -  867 words
    • Article, Illustration
      Lock icon Tesla’s announcement shows the coming revolution in energy storage
      1271 16 WP Washington LATE Thursday, the glitzy electric car company Tesla Motors, run by billionaire Elon Musk, ceased to be just a car company. As was widely expected, Tesla announced that it is offering a home battery product which people can use
      WP; PHOTO: AFP  -  1,271 words
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      60 16 Hospitality Investment Conference Indian Ocean Maldives Mauritius. Seychelles Sri Lanka 25-26 May 2015 Galle Face Hotel, Colombo A New Era Group bookings available too! Enjoy up to 20% discount* if you sign up in groups of 3 or 6. *Terms and conditions apply To register, visit www.hicio.sphereconferences.com or contact Habibah
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      116 16 printpack+sign Singapore’s printing, packaging signage business exhibition Come away with genuine solutions, exciting ideas and a fresh outlook on printing, packaging signage. JW. 1 29-31 JULY 2015 Marina Bay Sands, Singapore Sands Expo Convention Centre Level 1, Hall B Free* admission Register now! www.PrintPackSign.com/reg/2 Interested to exhibit? Tel: (65) 6848
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      249 17 11 ■V -i--v. W 4 1? ORRI s' iS ter3^ <ws X r fct s S\NG Featuring Lang Lang and Apl.de.ap A MEGA CONCERT CELEBRATING 50 YEARS OF SINGAPORE MUSIC 7 AUGUST 2015, 7.30PM, NATIONAL STADIUM TICKETS ON SALE NOW TICKETS: $20 $1 Booking Fee) HOTLINE: +65 6333 5000 WEB
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  • CONSUMER
    • Article, Illustration
      Lock icon Euro’s slide pays off for many European firms
      670 18 Weaker currency gives companies like Bayer, L’Oreal and Sanofi “a competitive edge”; there is optimism that currency move is fuelling an economic recovery BLOOMBERG Paris THE euro’s slide against the US dollar is paying off for companies from German drug and chemical
      BLOOMBERG; PHOTOS: REUTERS  -  670 words
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      Lock icon Adidas CEO: Q1 results will show firm is ‘back in full swing’
      444 18 REUTERS Berlin ADIDAS’S beleaguered chief executive, Herbert Hainer, has defended his record, saying that first-quarter results next week will show the German sportswear company made a great start to 2015. Mr Hainer, CEO since 2001, faced calls to
      REUTERS; PHOTO: AFP  -  444 words
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      Lock icon Siemens healthcare unit probed by China regulator for bribery: sources
      525 18 REUTERS Shanghai A CHINESE regulator investigated Siemens AG last year over whether the German group’s healthcare unit and its dealers bribed hospitals to buy expensive disposable products used in some of its medical devices, three people with knowledge of the
      REUTERS; PHOTO: REUTERS  -  525 words
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      78 18 The first real estate and urban build conference in Myanmar LO o CM nrjanmar Incorporating: Myanmar O retail®; Urban and City Planning Conference 2015 Real Estate Show Myanmar 2015 3 5 August 2015 Yangon, Myanmar r i Your gateway to trends and investment opportunities in Myanmar's real estate For sponsorship
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      242 18 Invest in dividend stocks with potential growth brings you the most investment returns. You will be able to profit from the dividend payouts as well as capital gains of the stock over time. Thus, it is important for us to learn the methods to identify such quality companies. Value Investing
      242 words
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  • GOVERNMENT & ECONOMY
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      85 20 Find painters to do the job or promote your services in CLASS 112 To advertise, call the Print Classified Hotline: 1800-289 9988 1 RECRUITEDGE *cruitment and executive search firm in Singapore www.recruitedge.com.sg Looking for Highly Skilled Team WE HAVE SOLUTION.. B Accounting finance 0 Banking e Legal a Sales and
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  • TRANSPORT
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      Lock icon FAA mulling over commercial drone initiatives: sources
      708 21 Drones that fly beyond operator’s line of sight are currently banned for safety reasons REUTERS Washington US AVIATION regulators are talking to drone makers and service providers about testing commercial drones that can fly beyond an operator’s visual line of sight, currently banned
      REUTERS; PHOTO: REUTERS  -  708 words
    • Article
      Lock icon Lawmakers, safety advocates slam new rules for US oil trains
      689 21 NYT New York ENDING months of uncertainty and delays, federal regulators have unveiled new rules for transporting crude oil by trains, saying that the measures would improve rail safety and reduce the risks of a catastrophic event. But the rules
      NYT  -  689 words
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      607 21 Formula For Workplace Success: Dress Right, Influence Positively, Reach Out Optimally Who should attend: Managers, Directors, Business Owners, Sales Professionals and Executives. FULL-DAY WORKSHOPS Brain-Influencing Secrets To Trigger 'Yes' Responses In People In the past 10 years, scientific discoveries have uncovered new communication keys one can use to appeal to
      607 words
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      107 22 Experienced shf p maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 the blsinkss times SHIPPING TIMES Make A Splash In The Maritime World Via itime.coM Ahoy there! If you are in a business pertaining to any sector
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  • DINING OUT
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      Lock icon Hitting the spicy notes
      1100 23  -  Long Chim’s Thai dishes will burn your stomach like it has not done before but there is a masochistic pleasure to be had from it. BY JAIME BY JAIME EE jaime@sph.com.sg @JaimeEeBT NEW RESTAURANT Long Chim #02-02, Atrium 2 The Shoppes at Marina Bay Sands 10
      1,100 words
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      818 23 A special feature brought to you by THE TRAFFIC OF SUCCESS I Every one of us is pursuing success, however we define it. The pursuit of success is like travelling on the road, where you see different vehicles and traffic conditions. Some people are moving fast, others are travelling slowly.
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  • LIFE & CULTURE
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      Lock icon It’s unanimous: Mayweather defeats Pacquiao in mega-fight
      1198 24 Methodical bout might not go down as one of the sport’s classics, but the win will go a long way to defining American’s legacy WP Las Vegas AFTER the final bell had rung, Floyd Mayweather jumped on the ropes and defiantly barked to
      WP; PHOTOS: REUTERS, AFP  -  1,198 words
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      Lock icon William and Kate: royal parents with a modern image
      535 24 AFP London THE birth of Prince William and his wife Kate’s second child caps a momentous four years for Britain’s golden couple, completing their journey from student sweethearts to regal domesticity. The couple have cultivated an image as down-to-earth parents ever
      AFP; PHOTO: AFP  -  535 words
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      Lock icon Quake devastates Nepal’s rich cultural heritage
      557 24 AFP Kathmandu SUJAN Shrestha says it breaks his heart to look at the piles of rubble that are all that remain of the ancient Nepalese temples where he has worshipped all his life. The 28-year-old shopkeeper grew up in a house just off Patan
      AFP  -  557 words
  • Page 24 Miscellaneous
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      317 24 CRYPTIC CROSSWORD Across 1 House cleric organised for partial figure (10) 6 Disagreeable family creating fairytales, we hear (4) 9 Country lawyer featuring in paper (5) 10 One in lodge scrawling forenames (9) 12 It made one smart on board in the main? (3-1-4-5) 14 Room Serb fashioned for headwear
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