The Business Times, 7 September 2015

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Total Pages: 26
1 26 The Business Times
  • 34 1 THE BUSINESS TIMES 2015 SOCIETY OF NEWS DESIGN EXCELLENCE AWARD■BEST IN OVERALL REDESIGN■ S$1.00 q:h A SINGAPORE PRESS HOLDINGS PUBLICATION wvvw.businesstimes.com.sg U D @BTBreakingnews CO REGN NO ’l*****868E MCI (P) 039/08/2015 Monday, September 7,2015
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  • Article, Illustration
    235 1 DPM Teo Chee Hean said a sum of S$22.5 million in cash was handed to the Aljunied-Hougang-Punggol East Town Council after the Workers’ Party won the by-election in Punggol East SMC in January 2013. TOP STORIES/ 2 China-focused hedge funds suffered record losses in the past three months
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  • 26 1 MARKETS Weekly Change STI 2,863.81 -92.13 KL COMP 1,589.16 -23.58 NIKKEI 225 17,792.16 -1344.16 HANG SENG 20,840.61 -771.78 SHENZHEN B 1,024.41 -62.41 DOW 16,102.38 -540.63
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  • 954 1  -  Amid the recent market turmoil, best performers were smaller counters given short shrift by institutional investors By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore IN TIMES of tumult, investors traditionally turn to defensive stocks such as those in the utilities and consumer staples sectors, or those which pay
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  • 993 1  -  Controversial town council saga involving the WP continues to dominate hustings By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore DURING the only full weekend of the ongoing nine-day election campaign, tens of thousands of Singaporeans thronged 12 different stadiums and open fields for rallies
    PHOTO: KUA CHEE SIONG / THE STRAITS TIMES  -  993 words
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  • SINGAPORE GENERAL ELECTION
    • 785 2  -  PAP refutes WP chief Low’s claims that Punggol East town council accounts were in deficit By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore A SUM of S$22.5 million in cash was handed to the Aljunied-Hou-gang-Punggol East Town Council (AHPETC) after the Workers’
      PHOTO: CAROLINE CHIA/THE STRAITS TIMES  -  785 words
    • 609 2  - S’pore must sustain real income growth for lower middle-income: Tharman By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT @Nisha_BT Singapore SINGAPORE must persist with its restructuring efforts to sustain the real income growth experienced by the middle and lower-income groups in recent years, said Deputy Prime Minister Tharman Shanmugaratnam. For their part, firms
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    • 580 2  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore THE Workers’ Party (WP) on Sunday urged voters to support its younger team in order to sustain the checks against the ruling party, which it says could fail down the road. The call
      PHOTO: DESMOND LIM/THE STRAITS TIMES  -  580 words
    • 169 2 TIME RALLY SITE CONSTITUENCY PARTY 12-2 pm Promenade area beside Singapore UOB Plaza Democratic Party 7-10 pm Field opposite Blk 540 Sembawang People’s Woodlands Drive 16 GRC Action Party 7-10 pm Field in front of Blk 265 Bukit Batok Singapore Toh Guan Road SMC Democratic Party 7-10 pm
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    • 448 2  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore SINGAPORE Democratic Party (SDP) candidates sought to defend their proposals at the party’s fourth rally Sunday evening, while taking aim at the overspending in the organisation of the Youth Olympic Games (YOG) by the People’s Action Party’s
      PHOTO: YEO KAI WEN/ THE STRAITS TIMES  -  448 words

  • Page 3 Advertisements
    • 102 3 i m H ROLEX m k 5* Superlative /su» per* la* five 1. Of the highest quality or degree. 2. A designation written on the dial of Rolex watches since the 1950s to distinguish their superior performance. 3. Backed by stringent certification criteria and rigorous testing procedures. 4. Now even
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  • TOP STORIES
    • 944 4  -  Bulls argue China’s rout is a temporary scare and that the Fed’s rate hike is already priced into the market WALL STREET INSIGHT By Rob Curran btworld@sph.com.sg US stocks slipped again last week and retested their lows of the year
      PHOTO: REUTERS  -  944 words
    • 240 4 STOCK SECTOR* PRICE CHANGE** SECTOR* Mercator Lines Industrials 81.2 Great Group Consumer discretionary 57.1 Elektromotive Group Consumer discretionary 33.3 Chosen Holdings Industrials 21.8 Courts Asia Consumer discretionary 16.2 Olam Consumer staples 12.8 CH Offshore Energy 12.5 Chinese Global Investors Industrials 1 1.4 KLW Holdings Industrials 10.0
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    • 1081 4 REUTERS Brussels DEEP divisions over how to cope with a flood of migrants from the Middle East, Africa and Asia pose a threat to the European Union’s values and global standing, and may diminish its ability to act jointly to
      REUTERS; PHOTO: REUTERS  -  1,081 words
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  • Page 5 Advertisements
    • 113 5 Screw-down pushers Daytona day to na 1. A legendary beach in Florida synonymous with speed. 2. An iconic chronograph that was born to race. 3. The trophy for every winner of Le Mans and the Rolex 24 At Daytona. 4. Equipped with a tachymetric scale on the bezel to measure
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  • COMPANIES & MARKETS
    • 900 6  -  Specialising in video and data analytics, Zweec Analytics has deployed its technology in various settings across the island. BY SHEENA TAN ZWEEC Analytics may have progressed from tracking fish in a tank to tracking swimmers in a pool, but its fundamental purpose of
      PHOTO: SHAWN TEO  -  900 words
    • 1403 6  -  INSIDE MARKETS By Robert Halili T The writer is managing director, Asia insider Limited THE buying fell for the first time in the past four weeks while the selling among directors remained low based on filings on the
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    • 245 6 Singapore SECURITIES, derivatives and commodities activities posted continued growth in August, the Singapore Exchange (SGX) says. At S$28.1 billion, total turnover for securities was up 34 per cent year-on-year and 16 per cent month-on-month in August, despite fewer trading days in
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    • 1690 7  -  Besides having developed ECs, Evia Real Estate is a fund manager with a presence in Korean logistics properties. TOPLINE BY KALPANA RASHIWALA kalpana@sph.com.sg @KalpanaBT EVIA Real Estate is probably best known as a homegrown developer of executive condo C) projects, but co-founders Vincent Ong
      PHOTO: ARTHUR LEE  -  1,690 words
    • 303 7  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore KEPPEL Reit, through Keppel Reit (Australia) Trust, is acquiring three retail units from Cerberos at 8 Exhibition Street in Melbourne for A$8.6 million (S$8.5 million). Keppel Reit currently owns a 50 per cent stake in the office
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    • 195 7 SINGAPORE Children’s Society raised S$800,000 for its beneficiaries at its annual fund-raising walkathon, Walk for Our Children 2015, which took place at Sentosa’s Palawan Beach on Sunday. The three-kilometre walkathon and carnival attracted close to 6,000 participants while over 700 volunteers signed up for
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    • Article, Illustration
      64 8 STI Catalist WEEKLY Straits Times Index Sept 4,2015 2,863.81 -92.13 (-3.12%) Current streak 1 day Week high 2,921.44 Week low 2,863.81 52-week high 3,525.19 (Apr 17, 2015) 52-week low 2,863.81 (Sept 4, 2015) FTSE ST Catalist index Sept 4,2015 560.34 +3.77 (+0.68%) Current streak 4 days Week high 560.34 Week
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    • 653 8  -  STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT TRY as one might, it’s difficult to be optimistic on the market’s chances for the four trading days this week. Yes, the country goes to the polls on Friday thus raising hopes of an election rally beforehand
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    • 305 8 Stock name Close Change Wk high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 217 -4 226/216 271 214 6.7 5490.9 CapitaLand 275 -10 289/275 379 275 10.1 3.3 ***** CapitaMall Trust 189.5 -6.5 199/186 228 184.5 5.7 6576.4 CityDev 837 -38 889/834 1095 834 10.1
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    • 36 8 VOLUME Ezra 714,696,000 China Fishery 316,345,500 IHC 267,475,000 Pacific Andes 241,806,000 Chinese Global 205,202,200 Market volume 7,047,971,000 VALUE DBS Grp 557,719,109 Singtel 538,042,091 UOB 366,363,845 OCBC Bank 326,047,443 Global Logistic 223,889,848 Market value 5,226,752,000
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    • 77 8 Sep 4 VALUE CLOSE BT OB/OS -170.00 +98.00 BT CADI -*****.00 -109.00 BT 10-day MA -*****.00 -17.00 FTSE ST Mid Cap 660.88 +0.15 FTSE ST Small Cap 397.36 -0.56 FTSE ST All Share 686.95 -8.03 FTSE ST China Top 164.56 -2.41 FTSE ST China 199.63 -4.06 FTSE
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    • 110 8 Most Active Fund Last sale +/-(‘000) Wk high/low 52w high/low Buy/Sell Mcap IS MS INDIA US$ US664 -27 2586 696/659 1000/652 661/664 83 STI ETF 291 -9 1940 302/290 355/287 291/292 UETF SSE50China 214 +2 558 218/208 340/151 213/218 66.9 ABF SG Bond ETF 114 -0.5 192 115.5/112
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    • 128 8 COMPANY MEETING PLACE DATE TIME Hiap Hoe Ltd E Ramada S'pore Zhongshan Park 16 Ah Hood Road Zhongshan Rm (Lvl 2) 07-Sep 11.00am Nobel Design Hldgs E 16 Tai Seng St (Lvl 7) 07-Sep 10.00am China Mining Intl E Hotel Miramar Singapore Orchid Room (Lvl 2) East Wing
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    • 37 8 STI FTSE ST All-Share WEEKLY FTSE ST All-Share Index Sept 4, 2015 686.95 -19.99 (-2.83%) Current streak 1 day Week high 699.89 Week low 686.95 52-week high 845.85 (Apr 17, 2015) 52-week low 686.95 (Sept 4, 2015)
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    • 34 8 STI MSCI EAFE WEEKLY MSCI EAFE index Sept 4,2015 1,671.12 -76.72 (-4.39%) Current streak 1 day Week high 1,736.81 Week low 1,671.12 52-week high 1,949.49 (May 15, 2015) 52-week low 1,671.12 (Sept 4, 2015)
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 11 2 0 0 0 2 11 2 Manufacturing 46 80 25 18 7 13 64 87 38 Commerce 27 28 14 5 12 3 32 40 17 Tpt/Stor/Comms 9 25 6
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    • 123 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 87,328 87,328 322,513 322,513 Manufacturing 1,129,478 418,346 1,547,824 421,560 18,207 439,767 Commerce 377,667 177,459 555,126 393,955 7,506 401,461 Tpt/Stor/Comms 1,296,721 11,538 1,308,259 1,010,183 924 1,011,107 Finance 115,770 246 116,016 1,336,410 41 1,336,451 Construction 68,079 28,576
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    • 779 8 COMMODITIES REUTERS London GOLD prices fell towards a second weekly loss on Friday after US payrolls data failed to allay uncertainty over the prospect of a near-term interest rate hike from the Federal Reserve. Data from the Labor Department on Friday
      REUTERS  -  779 words
    • 77 8 BY CENTS CLOSE UP 52w high/low Lyxor Indonesia US$ 6909 339.8 3.6 9591/6250 SPDR S&P500 US$ ***** 201.0 0.7 *****/***** DBXT MSTHAI US$ 1747 77.9 3.3 2300/1646 Jardine C&C 2949 55.0 1.9 4362.1/2670 DBXT MSUSA US$ 5028 48.1 0.7 5573/4684 BY PERCENTAGE CLOSE UP 52w high/low Yamada Green Res
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    • 75 8 BY CENTS CLOSE DOWN 52w high/low DBXT Nifty US$ ***** -508.2 -3.0 *****/***** DBXT MSJAP US$ 4626 -361.0 -5.2 5277/4291 Prudetial USD 2100 -311.5 -9.5 2500/2100 DBXT MSEurope US$ 5457 -250.6 -3.1 6300/5366 JMH USD 4920 -218.0 -3.0 6788/4620 BY PERCENTAGE CLOSE DOWN 52w high/low STI 3400MBeCW*****0 0.1 -80.0
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    • 82 8 VOL CLOSE($) CHANGE TTJ 538.5 0.320 -0.130 -28.89 Plastoform 69.0 0.290 +0.030 +11.54 Shangri-La HKD 17.0 7.400 -1.600 -17.78 China Hongcheng 760.0 0.003 -0.005 -62.50 FabchemChina 19.0 0.350 +0.115 +48.94 Top Global 16,351.1 0.004 -0.001 -20.00 Zhongxin Fruit 50.1 0.023 +0.009 +64.29 Lizhong Wheel 33,568.9 0.500 +0.005 +1.01
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    • 378 9  -  CURRENCIES By Daniel Ang T The writer is an investment analyst at Phillip Futures THE Malaysian ringgit (MYR) has depreciated above 4.0 against the United States dollar (USD), surpassing the peg level of 3.8 set during 1998’s Asian Financial Crisis and taking the
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    • FOREX RATES
      • Article, Illustration
        3 9 WEEKLY
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      • 471 9 Sep 4 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.923 4.436 0.626 5.409 46.358 98.934 0.832 8.315 2.971 1.096 72.730 32.615 0.988 9.518 0.680 22.711 25.008 0.458 0.698 Canada 1.084 4.807
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      • 155 9 Sep 4 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 0.9880 0.9882 0.6979 0.6980 Canadian dollar 1.0705 1.0710 0.7565 0.7561 Euro 1.5775 1.5778 1.1143 1.1144 NZ dollar 0.9017 0.9023 0.6369 0.6373 Sterling pound 2.1557 2.1565 1.5227 1.5232
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      • Article, Illustration
        2 9 WEEKLY
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      • 3 9 COMPOSITEWEEKLY
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      • Article, Illustration
        3 9 WEEKLY
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      • 22 9 Sep 4 S$ Bid Offer 1-month 1.4176 1.4180 2-months 1.4195 1.4200 3-months 1.4207 1.4213 6-months 1.4241 1.4247 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • 378 9 Sep 4 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Sep15 0 *****6 Oct15 0 2356 NIKKEI 225 INDEX FUTURES Sep15 *****.00 *****.00 *****.00 *****.00 *****7 *****1 Dec15 *****.00 *****.00 *****.00 *****.00 ***** ***** MSCI TAIWAN INDEX FUTURES Sep15 300.20 302.70 295.30 295.80 *****
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      • 201 9 Most active Sep 04 Prem Expiry Wk Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****1 15.3 ***** 0.1 1860 5 KepCorp MB eCW*****1 9.1 -2.5 ***** 0.2 780 5 UOB MB eCW*****1 13.1 -3.8 ***** 0.1 2080 4
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      • 373 9 In local curr In S$ In US$ dy yr dy yr dy yr Sep 4 Index Change Change Change Change Change Change World Preliminary 1218.6 -1.6 -4.5 -1.1 0.3 -1.6 -6.6 EAFE Preliminary 972.4 -2.0 -1.5 -1.5 1.1 -1.9 -5.8 Europe Preliminary 1365.9 -2.4 -1.1
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    • BANK RATES
      • 154 9 Sep 4 $S Offer Bid 0vernight 0.03 0.01 1-month 0.9375 0.8125 2-months 1.0 0.875 3-months 1.0625 0.9375 Overnight mode: 0.03 US$ Offer Bid 7 days 0.22 0.12 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 0.80 0.60 12
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      • 36 9 Sep 4 1 mth 1 mth 0.***** 2 mths 3 mths 1.***** 6 mths 1.***** 9 mths 12 mths 1.***** SWAP Offer rates 1 mth 1.***** 3 mths 1.***** 6 mths 1.***** SL7lll’C9.' Thomson REL/f€I’S
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      • 67 9 Sep 4 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.1 102.21 102.13 5-Year N*****0S 2.000 01-Jul-20 99.48 99.55 99.45 10-Year NX*****Z 2.375 01-Jun-25 96.62 96.65 96.20 15-Year NZ*****F 2.875 01-Sep-30 97.58 97.70 97.20 20-Year NZ*****V 3.375 01-Sep-33 103.78
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    • AGRI METALS ENERGY
      • 193 9 Sep-4 Price Net change change Last Trade Agricultural Sep-4 CBOT Soybeans (US cents/bu) 877.25 -2.50 -0.28% 14/09/2015 CBOT Soybean Oil (US cents/lb) 26.44 -0.32 -1.20% 14/09/2015 CBOT Wheat (US cents/bu) 457.75 1.25 0.27% 14/09/2015 Sep-4 LIFFE Cocoa (£/tonne) 2133.00 42.00 2.01% 15/09/2015 LIFFE Coffee (US$/tonne) 1589.00 4.00 0.25%
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      • 57 9 Sep 4 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 15 1950.0 1955.0 1960.0 1933.0 137 1988 Oct 15 1984.0 1989.0 1999.0 1970.0 1603 ***** Nov 15 2023.0 2031.0 2042.0 2009.0 ***** ***** Dec 15 2070.0 2079.0
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    • 881 10  -  Such committees work to appoint good directors to the board, and good directors will dare to ask the management tough questions. BY JUNIE FOO BY JUNIE FOO T The writer is a member of the Governing Council of the Singapore Institute of
      881 words
    • 1525 10 Payment Ex Rec Pay Ann (cts) date date date date ABR Hldgs aw 1.000 27-Aug 31-Aug 18-Sep 19-Aug Aims Amp Cap Ind Reit do 2.540 04-Aug 06-Aug 23-Sep 29-Jul Aims Amp Cap Ind Reit bi 0.075 04-Aug 06-Aug 23-Sep 29-Jul Aims Amp Cap Ind Reit (1 Apr-30 Jun
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    • 1323 10 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (times) Accordia Golf Trt 1.00 1.00 1 0.06 10.22 0.93 0.63 AIMS AMP Cap Industrial Reit 1.00 1.00 2 0.12 11.92 1.68 1.40 ARA Asset Mgt 1.25 1.25 2 0.09
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    • 261 10 Sep 4 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 Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited Bank of Tokyo-Mitsubishi Bank of Communications Banque Internationale a Bank of East Asia
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    • 2010 11 Week Ended: Sep 4 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E $mil Last 35.2 15.2 A-Sonic Aero Vol AAT Week Div GrYld Net MCap High 153 131.5 AIMSAMP Cap Reit 139.5 -4 1868 143.5 135 1 7.9 884.7
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    • 460 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale vol 1 0.3 t Advanced Systems 0.5 unch 1380 0.5 0.5 13.2 High Week Low Div C'vr GrYld Net P/E MCap 35 20 45.5 18 t BlackGoldNatural 18.9
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    • 184 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last 110.3 79.7 CIMB APAC Div US$ US81 -0.9 5 83 81 8.5 1440 1088 CIMBASEAN40 S$D 1119 +10 1 1143 1119 1103 768 CIMBASEAN40 US$ US784 -26 2 810
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  • Page 6 Advertisements
    • 79 6 This company is one of the 14 finalists of the Emerging Enterprise Award 2015. Jointly presented by The Business Times and OCBC Bank, the Emerging Enterprise Award 2015 recognises promising enterprises and startups which are up to 10 years old and have an annual turnover of S$15 million or less.
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  • Page 7 Advertisements
    • 277 7 FOOD SERVICES Productivity PRODUCTIVITY CONFERENCE 2015 f Centre Friday, 30 October 2015 One Farrer Hotel Spa 8.15 am -2.00 pm N FoodPrmt of the Future v ABOUT THE CONFERENCE The Food Services Productivity Conference 2015 is the hallmark event for the food services industry. Organised by the Singapore Productivity Centre,
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  • Page 9 Advertisements
    • 164 9 Trade NDFs Online with Phillip Futures An Asian Financial House with a Global Reach L 6538 0500 futures@phillip.com.sg www.phillipfutures.com.sg 250 North Bridge Road #07-01 Raffles City Tower Singapore *****1 PhillipCapital Your Partner In Finance This advertisement is for general information only and does not constitute a recommendation, offer or solicitation
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  • Page 11 Advertisements
    • 78 11 SGX== SGX StockFacts Access stock fundamentals of all SGX-listed companies to generate ideas that suit your investment appetite. Plug into sgx.com/stockfacts now. Singapore Exchange i This advertisement has been published for general circulation only. It is not an offer or solicitation to buy or sell, nor financial advice or recommendation
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  • BT-CITIBANK YOUNG INVESTORS’ FORUM
    • 1938 12  -  Yields are decent, on top of which a risk-free instrument to park cash in is not to be sniffed at MONDAY MULTIPLE By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Election fever is here but the more exciting news on the personal finance front is how you can now
      BT Graphics; Source: MAS  -  1,938 words
    • 994 12  -  By Jon Asmundsson SANDY Rufenacht is a bond guy who has figured out a unique way to pick stocks. The co-manager of the Aquila Three Peaks Opportunity Growth Fund says his high-yield-bond research leads him to companies whose stocks are primed to rise. “We
      PHOTO: AFP  -  994 words
  • Page 12 Advertisements
    • 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

  • REAL ESTATE
    • 658 13 Strength of American currency is pushing up cost of greenback-denominated loans REUTERS Accra ISAAC Buame felt his dreams had come true two years ago when he moved his family into a plush three-bedroom house in a gated-com-munity east of the
      REUTERS; PHOTO: REUTERS  -  658 words
    • 263 13 BLOOMBERG Berlin VONOVIA SE will this month become the first residential landlord to enter a benchmark European stocks index after a two-year acquisition spree that more than tripled its market value to almost 14 billion euros (S$22.22 billion). Formerly known as
      BLOOMBERG  -  263 words
    • 282 13 REUTERS New York WALTER Investment Management Corp agreed to pay US$29.63 million to resolve allegations that it submitted false claims related to a US Department of Housing and Urban Development (HUD) programme that insures reverse mortgages. The settlement announced last Friday by
      REUTERS  -  282 words
    • 149 13 REUTERS Stockholm SWEDEN’S government has reached an agreement with opposition parties on a proposal that will force home owners to pay off some of the principal on new mortgage loans, in a move aimed at cooling the country’s housing market. Currently, around 70 per cent
      REUTERS  -  149 words
  • Page 13 Advertisements
    • 80 13 Uni carriers RELIABILITY EFFICIENCY VERSATILITY n GLOBAL UPLIFTING STANDARDS, NOW CARRIED IN SINGAPORE! Nissan Forklift has now been re-branded under the UniCarriers global reputation, with the same quality that you have always expected. Choose UniCarriers to take your business to greater heights! Models shown are for illustrative purposes only. TCim
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  • VIEWS FROM THE TOP
    • Article, Illustration
      3435 14 THIS WEEK’S TOPIC What is the impact of the fall in the regional currencies? How has it affected your business? Tham Sai Choy Managing Partner KPMG in Singapore and Chairman KPMG’s Asia Pacific region THE dual impact of an appreciating US dollar that negatively affects numerous regional
      FILE PHOTO  -  3,435 words

  • Page 15 Advertisements
    • 263 15 SIGNATURE SELECTION Regent s Park THE CHARM THAT NEVER FADES selection C of prime properties j s Mj B 4 '■m j v* km :,T ..v "S’ r- *r«5 t M SI 3 -r m Exclusive Villas with Privacy Control «r Modern Contemporary Design Calmness Serenity Guaranteed Std Private Swimming
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  • BANKING & FINANCE
    • 480 16 They post worst-ever 17.9% loss for June to August REUTERS London CHINA-focused hedge funds suffered record losses in the past three months and were overtaken by their Japan-themed peers as this year’s best performers, leaving them at risk of a surge
      REUTERS  -  480 words
    • 342 16 REUTERS Kuala Lumpur MALAYSIAN lender CIMB Group Holdings has invited bids from insurers for an agreement to distribute their general insurance products in four South-east Asian markets, a deal that could fetch it about US$400 million, people with direct knowledge of the
      REUTERS  -  342 words
    • 784 16 NYT New York PHILIP Falcone, the brash hedge fund titan who once managed US$26 billion before stumbling and running afoul of regulators, is pressing ahead on a new comeback effort, his second. His latest investment platform is a publicly traded
      NYT; PHOTO: BLOOMBERG  -  784 words
  • Page 16 Advertisements
    • 293 16 World Amateur Golfers Championship SINGAPORE Join the national golf tour that allows you to compete with peers Play on one of the most prestigious golf courses in Singapore, and you could represent Singapore in the World Amateur Golfers Championship in Belek, Antalya (Turkey). The top 80 golfers will qualify for
      293 words

  • ENERGY & COMMODITIES
  • Page 17 Advertisements
    • 20 17 Choose from various club memberships or sell yours in CLASS 66 To advertise, call the Print Classified Hotline: 1800-289 9988
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    • 61 17 FROM THE HEART OF EURASIA FLY TO KAZAKHSTAN AND BEYOND Beijing Almaty Bangkok Almaty Kuala Lumpur-Almaty 5 a week 7 a week 3 a week Beijing Astana Bangkok-Astana Ho Chi Minh-Almaty 3 a week 2 a week 2 a week <3 air astana Hong Kong Almaty 2 a week Seoul
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  • TECHNOLOGY
    • 395 18 REUTERS San Francisco RIDE services Lyft and Uber have poached dozens of key Twitter Inc employees over the past year, including top engineering managers, to help personalise their apps. Twitter’s management turmoil and 44 per cent stock fall over the
      REUTERS; PHOTO: REUTERS  -  395 words
    • 835 18 This strain of prepperism goes mainstream with focus on basic emergency readiness WP Washington PINTEREST, the aspirational candyland of women everywhere, has long been beloved by home buyers, wedding planners, mothers, narcissists and people who spend too much time on their hair. Now you
      WP  -  835 words
    • 649 18 NYT New York WHEN Allrecipes unveiled a revamped website last week, it billed the move as part of a broader transformation into a social network for food lovers. Among other new capabilities available to them, the site’s millions of users can now follow other
      NYT  -  649 words
  • Page 18 Advertisements
    • 1781 18 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices SUNNINGDALE TECH LTD. (Company Registration No. *****8621R) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Sunningdale Tech Ltd. (the "Company") will be held at Raffles Hotel Singapore, 1
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  • CONSUMER
  • Page 19 Advertisements
    • 2386 19 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices BROOKE ASIA LIMITED (Company Registration No. *****8683N) (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of BROOKE ASIA LIMITED (the "Company") will be held at Enterprise Room, Raffles City
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  • GOVERNMENT & ECONOMY
    • 803 20  -  Any deal that emerges from long-delayed negotiations could be be very different from that originally envisaged By Anthony Rowley btworld @sph.com.sg Tokyo SUPPORT is growing for a ministerial meeting on the Trans-Pacific Partnership (TPP), according to Japan’s minister of economy,
      PHOTO: REUTERS  -  803 words
    • 650 20 BLOOMBERG Ankara JAPAN was left isolated among Group of 20 (G-20) nations after Finance Minister Taro Aso criticised a Chinese plan to stabilise its financial markets. While most policy makers at a two-day meeting in Ankara publicly welcomed China’s explanation
      BLOOMBERG  -  650 words
    • 384 20 BLOOMBERG Ankara THE US Federal Reserve must be certain that the job market and inflation are strong enough to justify raising interest rates, the head of the International Monetary Fund (IMF) said after a Group of 20 meeting focused on
      BLOOMBERG  -  384 words
    • 641 20  -  By Anthony Rowley btworld@sph.com.sg EMPOWERING women is an “economic no-brainer”, International Monetary Fund (IMF) managing director Christine Lagarde declared on Sunday in the Turkish capital of Ankara. She quoted IMF estimates that showed that if the number of female workers were
      641 words
    • 1274 21 Sept 30 tax payment deadline for those who have stashed cash in foreign accounts WP New Delhi AMONG the pledges that propelled Indian Prime Minister Narendra Modi to power a year ago was one to bring home millions
      WP; PHOTO: REUTERS  -  1,274 words
    • 714 22 They see influx of migrants as the answer to a depleting pool of skilled labour AFP Berlin AS thousands of refugees arrive every day in Germany, calls are growing louder from business leaders in Europe’s biggest economy to offer them jobs. “If we can integrate them
      AFP; PHOTO: AFP  -  714 words
    • 582 22 REUTERS BLOOMBERG Riyadh SAUDI Arabia’s government is cutting unnecessary expenses and delaying some projects to compensate for low oil prices, though projects that are important for the economy will go ahead, Finance Minister Ibrahim Alassaf said. His comments, made in an interview
      REUTERS; BLOOMBERG  -  582 words
    • 387 22 AFP Bangkok A COUNCIL appointed by Thailand’s junta on Sunday rejected a draft constitution, a move expected to delay a return to democracy following last year’s military coup. Critics had pilloried the document as divisive, anti-democratic and aimed at prolonging military rule. But
      AFP  -  387 words
    • 656 22 WP Phluk, Cambodia THE thump of jackhammers and the whine of drills pierce the air, workmen in orange safety hats beaver away, and a massive concrete wall rises slowly above the river. Here, in lush northeastern Cambodia, the US$800
      WP  -  656 words
  • Page 20 Advertisements
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  • Page 21 Advertisements
    • 2636 21 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices far,TV SN WtJwV CH OFFSHORE LTD (Co. Reg. No. *****0666D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Ninth Annual General Meeting of the Company will be held at 7 Shenton Way,
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  • Page 22 Advertisements
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  • TRANSPORT
    • 922 23 Manufacturers plan to bring automated driving to market in stages while Google takes all-in approach REUTERS Detroit FROM his laboratory at Pittsburgh’s Carnegie Mellon University, automated vehicle pioneer Raj Rajkumar says that self-driving cars will evolve step-by-step, with humans staying in charge for
      REUTERS; PHOTO: REUTERS  -  922 words
    • 1074 23 Motorcycle-car hybrid raises buzz and concern over looser safety standards WP Culpeper, Virginia SANDY Hall’s white trike is screaming down a suburban Virginia road. It can hit 257kph. But with no doors, seats two seats inches above the asphalt and a high-performance engine howling above 10,000 rpm, accelerating to even
      WP  -  1,074 words
    • 641 23 WP Dallas FEMALE truckers are sliding into long-haul cabs as companies seek to end a US driver shortage, and they’re proving to be better behind the wheel than men. That’s no surprise to Stephanie Klang, 57, who used to drive
      WP  -  641 words
    • 1731 24 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 BTM PKL KUC KK JKT MALAYSIA STAR 49 50 10/9 11/9 15/9 17/9 CALMY CORAL 092 60 21/9 23/9 SEA CORAL
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  • Page 23 Advertisements
    • 97 23 mi J Camp On The Move e6 s h V, k 3 tire %gt> M r»B c» c ffi n \W B m w At The Ends Of The Earth CASE 7R jaSNCEffi, x'ANGLESE mi f > ifr 5 ai 9 i OARVI w ALBURY^ 5 -v 5 V ki.
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  • Page 24 Advertisements
    • 103 24 Experienced Sh;p maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES Make A Splash In The Maritime World Via a5i3hiaritime.coM Ahoy there! If you are in a business pertaining to any sector of the maritime industry,
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  • DINING OUT
    • 990 25  -  French classics are recreated to good effect by Jean-Charles Dubois in his cosy new Balzac Brasserie. BY JAIME EE BY JAIME EE jaime@sph.com.sg @JaimeEeBT IMAGINE just a decade ago, hipster chefs didn’t really exist; millennials were not considered a demographic; and people actually aspired to eat in
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  • Page 25 Advertisements

  • LIFE & CULTURE
    • 582 26 These have become increasingly common in era of platonic parenting and conscious uncoupling WP Washington IN LATE August, Shannon Neuman and her husband, Chris, went to the municipal court in Calgary, Alberta, to get a divorce. They had already filled out the forms
      WP  -  582 words
    • 947 26 NYT New York WHEN vandals broke into Stephanie Ciancio’s Land Cruiser in 2014 and stole her car stereo, she did not have the time and money to replace it. It was particularly vexing for Ms Ciancio, a 34-year-old San Francisco resident, because she
      NYT; PHOTO: NYT  -  947 words
    • 767 26 AFP REUTERS Monza LEWIS Hamilton extended his lead, at least provisionally, in this year’s drivers’ world championship to 53 points on Sunday when he drove to a flawless and consummate victory in a typically dramatic Italian Grand Prix. As nearest rival
      AFP; REUTERS; PHOTO: AFP  -  767 words
  • Page 26 Miscellaneous
    • 365 26 CRYPTIC CROSSWORD Across 5 Core of schools covered by bad language syllabus (6) 8 One beset by longing over losing head is go-getter, typically high (8) 9 Cold duck I sent back in Spanish snack food (7) 10 Surplus Sun deliveries (5) 11 Yearn for change after smart deception (9)
      365 words