The Business Times, 12 September 2015
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2015-09-12
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The Business Times
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Title Section20 2015-09-12 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg SEPTEMBER 12-13, 2015 S$1 .00 I MCI (P) O40/08/2015 $11 A SINGAPORE PRESS HOLDINGS PUBLICATION20 words
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Article, Illustration1093 2015-09-12 1 Lee U-Wen - Ruling party’s national vote share hits 69.86%, a sharp upward swing from GE2011 By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE People’s Action Party (PAP) scored a major victory, not only easily maintaining its unbroken 56-year grip on power afterPHOTOS: YEN MENG JIIN, SHAWN TEO - 1,093 words
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Page 1 Advertisements
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Advertisement31 2015-09-12 1 I 5 I rl I: I I I The many faces of Italian wine 40-41 45There will be no BT Living section today due to our coverage of the election results31 words
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Advertisement8 2015-09-12 1 THE RAFFLES CONVERSATION PSYCHOLOGY DOYEN TOMAS CHAMORRO-PREMUZIC 22-238 words
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Advertisement23 2015-09-12 1 WEALTH Making family wealth last 37 More election results|2-17 BT Infographics: The results 10-12 Follow our Singapore General Election coverage online at bt.sg/ge_1523 words
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SINGAPORE GENERAL ELECTION
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Article, Illustration750 2015-09-12 2 Chuang Peck Ming - PM Lee calls outcome ‘good results for PAP and excellent results for Singaporeans’ By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore THE ruling People’s Action Party (PAP) not only won big but won bigger than expected in the 2015 General ElectionPHOTO: YEN MENG JIIN - 750 words
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Article, Illustration653 2015-09-12 3 Vikram Khanna - ‘Rather than depicting the PAP as being rigid, uncaring and tunnel-visioned, maybe the opposition need to acknowledge that it has in fact been responsive.’ COMMENTARY Vikram Khanna vikram@sph.com.sg Associate Editor WAKE up and smell the landslide. A lot of bookies would have lost653 words
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Article, Illustration1174 2015-09-12 4 Jamie Lee, Andrea Soh - Party chief Low is satisfied with WP’s performance and says PAP has fixed problems By Jamie Lee, Andrea Soh leejamie@sph.com.sg sandrea@sph.com.sg @JamieLeeBT @AndreaSohBT Singapore THE Workers’ Party (WP) had charged into this year’s election with a call to entrench its position as anPHOTOS: SHAWN TEO - 1,174 words
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643 2015-09-12 5 Cai Haoxiang - Actual results come well within error margin, especially for larger wards By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore SAMPLE counts proved accurate in the 2015 general election, with actual results coming well within the error margin around what was predicted, especially for larger wards.643 words
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Article, Illustration875 2015-09-12 6 Jamie Lee, Andrea Soh - Results declared after a recount, with Workers’ Party winning 50.95% of the votes, down from 54.72% in 2011 HOT GRC By Jamie Lee, Andrea Soh leejamie@sph.com.sg sandrea@sph.com.sg @JamieLeeBT @AndreaSohBT Singapore THE Workers’ Party (WP) kept a delicate hold over the AljuniedPHOTO: SHAWN TEO; PHOTO: CHOO CHWEE HUA/THE STRAITS TIMES - 875 words
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Article, Illustration757 2015-09-12 7 Kalpana Rashiwala - Party also posts improved winning margin in Pasir Ris-Punggol GRC HOT GRC By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore IN one of the most surprising outcomes in Friday’s general election (GE), the defending People’s Action Party (PAP) team in East Coast GRC emergedPHOTO: CHEW SENG KIM/THE STRAITS TIMES - 757 words
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Article, Illustration861 2015-09-12 8 Melissa Tan - Size of PAP’s win comes as a surprise amid expectation of a close fight; SDP also loses in Bukit Panjang The PAP’s vote share in HollandBukit Timah this year was also markedlyhigher than the 60.1 per cent the same slate had secured in GE2011.PHOTO: KEVIN LIM / THE STRAITS TIMES; PHOTO: CAROLINE CHIA / THE STRAITS TIMES - 861 words
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Article, Illustration741 2015-09-12 9 Mindy Tan - Surprise results against WP in the GRC are in contrast to 2011 General Election’s 56.6% HOT GRC By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore THE People’s Action Party (PAP) swept into victory with a surprise 64.07 per cent of the votes at MarinePHOTO: DESMOND FOO / THE STRAITS TIMES; PHOTO: DESMOND FOO/THE STRAITS TIMES - 741 words
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Article, Illustration78 2015-09-12 10 BT INFOGRAPHICS GE2015 WORKERS’ PARTY (6 SEATS) PEOPLE’S ACTION PARTY (83 SEATS) SIX-MEMBER GRC Ang Mo Kio Pasir Ris-Punggol FOUR-MEMBER GRC Chua Chu Kang East Coast Holland-Bukit Timah Jalan Besar Marsiling-Yew Tee West Coast FIVE-MEMBER GRC Aljunied Bishan-Toa Payoh Jurong Marine Parade Nee Soon Sembawang Tampines TanjongPHOTO: ST / DESMOND FOO - 78 words
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Article, Illustration343 2015-09-12 13 Claire Huang - First-time candidate wins the seat with 57.52% of vote share single seat fights By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore THE People’s Action Party’s (PAP) move to field a first-time candidate in the 2015 general election for one of the most keenly contested single-seat wards343 words
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Article, Illustration433 2015-09-12 13 Lynette Khoo - By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT SINGAPORE Hougang’s incumbent Member of Parliament (MP) Png Eng Huat from the Workers’ Party (WP) retained his seat in the single member constituency (SMC) with 57.7 per cent of the vote. While his win in the traditional433 words
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Article, Illustration365 2015-09-12 13 Claire Huang - By Claire Huang huangjy@sph.com.sg @ClaireHuangBT IN the tightest race seen in a single-seat ward, the People’s Action Party’s (PAP) Charles Chong has managed to wrest control of Punggol East Single Member Constituency (SMC) from incumbent Lee Li Lian of the365 words
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Article, Illustration528 2015-09-12 14 Nisha Ramchandani - Incumbent Tin Pei Ling establishes decisive win in three-cornered fight SINGLE SEAT FIGHTS Reports by Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore PEOPLE’S Action Party (PAP) candidate Tin Pei Ling stoutly defended Single Member Constituency (SMC) MacPherson by garnering some 65.6 per cent of votes,ALPHONSUS CHERN / THE STRAITS TIMES - 528 words
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Article, Illustration584 2015-09-12 14 He wins 66.4% while his rival gets 33.6% of 15,934 votes cast THE People’s Action Party (PAP) candidate Sitoh Yih Pin has won the battle for Potong Pasir, winning the Single-Member Constituency (SMC) with 66.4 per cent ofPHOTO: MARK CHEONG / THE STRAITS TIMES - 584 words
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926 2015-09-12 15 Lynette Khoo - 78.6% score second-highest in this election; Eng Hen-led team bags Bishan-Toa Payoh with a high 73.6% win By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore THE six-member team led by Prime Minister Lee Hsien Loong scored a resounding victory in the Ang Mo Kio group926 words
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736 2015-09-12 15 Anna Teo - Outcome contrary to feedback in run-up to poll: SingFirst Party By Anna Teo anna@sph.com.sg Singapore TANJONG Pagar GRC remains firmly in the hands of the People’s Action Party (PAP), with the ruling party incumbents beating off a challenge from736 words
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Article, Illustration651 2015-09-12 16 Amit Roy Choudhury - Marsiling-Yew Tee, Sembawang and Nee Soon residents reaffirm their faith in PAP By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore THE newly-minted Marsil-ing-Yew Tee GRC (group representation constituency), which was carved out of the Sembawang GRC for this election, saw the four-member People’s ActionPHOTO: LIM SIN THAI / THE STRAITS TIMES - 651 words
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Article, Illustration698 2015-09-12 16 Lee Meixian - Chua Chu Kang GRC and Pioneer and Hong Kah North SMCs all bag more than 74% By Lee Meixian leemx@sph.com.sg @LeeMeixian Singapore TWELVE days ago, the candidates for Chua Chu Kang group representation constituency (GRC) and the two single-mem-ber constituencies (SMCs) Pioneer andPHOTO: CHONG JUN LIANG / THE STRAITS TIMES - 698 words
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Article, Illustration752 2015-09-12 17 Siow Li Sen - West Coast GRC, Bukit Batok and Yuhua SMCs also garner much higher vote shares By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore THE People’s Action Party (PAP) retained Jurong GRC with a thumping 79.3 per cent of the vote, fobbingPHOTO: CHONG JUN LIANG /THE STRAITS TIMES - 752 words
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322 2015-09-12 17 Siow Li Sen - Team secures 95,202 votes against NSP’s 36,920 By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore PEOPLE’S Action Party (PAP) retained the Tampines GRC with 72.06 per cent of the votes in a rematch against the National Solidarity Party (NSP). The PAP team got322 words
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Page 3 Advertisements
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Advertisement124 2015-09-12 3 Ermenegildo Zegna '.-V ,u M M Ermenegildo Zegna is renowned for making the world’s best menswear and to celebrate this special year in Singapore the brand is celebrating all that is luxurious in the world of a gentleman. Zegna is inviting their in-house Italian Su Misura stylist and specialist, from124 words
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Page 5 Advertisements
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Advertisement38 2015-09-12 5 Credit Suisse Dili How did Tony’s dream take off? How to turn a single dollar into Asia’s largest low cost carrier. Tony Fernandes and Credit Suisse’s Helman Sitohang explain how it’s done at credit-suisse.com/airasia _J _J -J m38 words
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Page 7 Advertisements
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Advertisement186 2015-09-12 7 A LAP OF LUXURY SECOND TO NONE Your quintessential getaway to New Zealand’s North Island rustic perfection 8D Travel North Island in Style Auckland Rotorua Hawke’s Bay Taupo Waitomo Matamata Highlights Return Airfare by Singapore Airlines Suites (A380) 2N Accommodation at 5★ Solitaire Lodge in Rotorua 1N Accommodation at 5★186 words
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TOP STORIES
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613 2015-09-12 18 Ringgit, won gain from a more upbeat outlook after positive lead from Wall St AFP Hong Kong ASIAN markets were relatively calm on Friday at the end of a volatile week, with Shanghai and Hong Kong ticking higher after China unveiledAFP - 613 words
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Article, Illustration621 2015-09-12 18 1.4t-yen sale will be biggest in Japan since NTT IPO in 1998 WP Tokyo THE stage is set for Japan’s biggest initial public offering (IPO) this century after Japan Post Holdings Co obtained approval from the Tokyo Stock ExchangeWP; PHOTO: REUTERS - 621 words
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Article, Illustration672 2015-09-12 19 Global supply surplus could force prices to as low as US$20 a barrel, says Goldman Bloomberg New York OIL deepened its weekly decline as Goldman Sachs Group Inc said a global supply surplus could force prices to as low as US$20Bloomberg; PHOTO: AFP - 672 words
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606 2015-09-12 19 Mohamed A El-Erian - By Mohamed A El-Erian Bloomberg AS the debate about whether the US Federal Reserve will begin raising interest rates next week reaches fever pitch, each side is being forced to adopt so-called corner solutions, arguing for their respective position with mounting conviction.Bloomberg - 606 words
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Article, Illustration999 2015-09-12 20 This comes even as average yields on the HK bonds jump 160 basis points since devaluation Bloomberg Hong Kong HONG Kong’s yuan bond market has ground to a halt as even average yields of almost 6 per cent can’t allay global investor concernsBloomberg; PHOTO: BLOOMBERG - 999 words
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Article, Illustration1309 2015-09-12 21 Stunning visitors centre and museum are finally open; landscaping, other finishing touches are still underway remembering 9/11 WP Shanksville, Pennsylvania DEBBY Borza stood before a wall of photos of 40 people who died here on Sept 11, 2001, and gently tapped herWP; PHOTO: AFP - 1,309 words
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THE RAFFLES CONVERSATION
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Article, Illustration2735 2015-09-12 22 / 23 Andrea Soh - A high curiosity quotient is today a more vital trait for success than EQ and IQ, says psychology doyen Tomas Chamorro-Premuzic. By Andrea Soh By Andrea Soh andrea@sph.com.sg @AndreaSohBT OkCupid. Match.com. eHarmony. The names of dating websites roll off his tongue easily clearly, Tomas Chamorro-PremuzicPHOTO: YEN MENG JIIN - 2,735 words
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COMPANIES & MARKETS
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Article, Illustration773 2015-09-12 24 R Sivanithy - HOCK LOCK SIEW R Sivanithy sivan@sph.com.sg @RSivanithyBT Senior Correspondent HOW might the stock market react to the results of Friday’s General Election? Would it fall if the Opposition won more seats? Or would a resounding victory for the governing party set off a773 words
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Article, Illustration492 2015-09-12 24 Bloomberg Sydney CHINESE stocks trading in Hong Kong will surge 33 per cent by the end of this year as stronger fiscal stimulus on the mainland revives economic growth, Deutsche Bank AG said. The Hang Seng China Enterprises Index willBloomberg; PHOTO: AFP - 492 words
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Article193 2015-09-12 25 Sep-10 Price Net change change Last Trade Agricultural Sep-10 CBOT Soybeans (US cents/bu) 884.50 1.75 0.20% 14/09/2015 CBOT Soybean Oil (US cents/lb) 26.87 0.27 1.02% 14/09/2015 CBOT Wheat (US cents/bu) 468.00 6.00 1.30% 14/09/2015 Sep-10 LIFFE Cocoa (£/tonne) 2183.00 -6.00 -0.27% 15/09/2015 LIFFE Coffee (US$/tonne) 1557.00 -38.00 -2.38%193 words
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Article57 2015-09-12 25 Sep 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 15 2000.0 2032.0 2000.0 2000.0 2 1158 Oct 15 2090.0 2077.0 2114.0 2077.0 761 9447 Nov 15 2150.0 2134.0 2180.0 2132.0 ***** ***** Dec 15 2205.0 2179.057 words
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Article69 2015-09-12 25 Sep 10 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 101.9 102.05 101.93 5-Year N*****0S 2.000 01-Jul-20 98.73 98.85 98.75 10-Year NX*****Z 2.375 01-Jun-25 95.76 95.90 95.73 15-Year NZ*****F 2.875 01-Sep-30 96.58 96.55 96.55 20-Year NZ*****V 3.375 01-Sep-33 102.9469 words
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Article155 2015-09-12 25 Sep 10 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0019 1.0031 0.7083 0.7089 Canadian dollar 1.0723 1.0731 0.7584 0.7581 Euro 1.5828 1.5838 1.1190 1.1193 NZ dollar 0.8954 0.8960 0.6330 0.6332 Sterling pound 2.1744 2.1758 1.5372 1.5377155 words
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201 2015-09-12 25 Most active Sep 10 Prem Expiry Last Vol Conv Exer Disc Gear-Mths Company Sale +or-('000) Ratio Price ing Left OLS Enterprise W*****5 0.1 -0.1 ***** 1 1 37 8.00 23 FTSEChinaA50 ***** MBePW*****9 16.6 0.9 7120 0.0 --0 FTSEChinaA50 ***** MBeCW*****7 16.2 -0.6 6645 0.0 --2201 words
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373 2015-09-12 25 In local curr In S$ In US$ dy yr dy yr dy yr Sep 10 Index Change Change Change Change Change Change World Preliminary 1238.3 -0.2 -2.9 0.0 1.6 -0.1 -4.9 EAFE Preliminary 990.1 -1.5 0.3 -1.1 2.9 -1.2 -3.6 Europe Preliminary 1388.3 -1.2 0.5373 words
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STOCK MARKETS
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Article, Illustration21 2015-09-12 25 YTD change: -14.18% 52-week high: 3,539.95 on April 15,2015 52-week low: 2,843.39 on Aug 24, 2015 Source: BloombergSource: Bloomberg - 21 words
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Article, Illustration20 2015-09-12 25 YTD change: -8.90% 52-week high: 28,442.75 on April 28,2015 52-week low: 20,583.52 on Sept 7,2015 Source: BloombergSource: Bloomberg - 20 words
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Article, Illustration22 2015-09-12 25 YTD change: -1.06% 52-week high: 5,166.35 on June 12, 2015 52-week low: 2,289.87 on Sept 22,2014 Source: BloombergSource: Bloomberg - 22 words
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Article, Illustration19 2015-09-12 25 ytd change: +4.66% 52-week high: 20,868.03 on June 24,2015 52-week low: 14,532.51 on Oct 17,2014 Source: BloombergSource: Bloomberg - 19 words
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Article, Illustration26 2015-09-12 25 YTD change: -8.37% 52-week high: 18,312.39 on May 19,2015 52-week low: 15,666.44 on Aug 25,2015 (Chart shows Thursday’s index closing) Source: BloombergSource: Bloomberg - 26 words
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REAL ESTATE
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Article, Illustration843 2015-09-12 26 Noah Smith - COMMENTARY By Noah Smith ~The writer is an assistant professor of finance at Stony Brook University and a freelance writer for finance and business publications Bloomberg View FOR all the alarm about the “rise of the robots” or “software eatingBloomberg View; PHOTO: BLOOMBERG - 843 words
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636 2015-09-12 26 Bloomberg Tokyo TOKYO’S crowdfunded condominiums are luring individuals with the promise of a 5 per cent yield in a land of benchmark interest rates near zero out to five years. Tatsushi Iwano, a former fund manager at Goldman Sachs Group Inc in TokyoBloomberg - 636 words
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Article1107 2015-09-12 27 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN JULY 29 AND AUGUST 4, 2015 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$’000) PSF (S$) District 13 NON-LANDED Sant Ritz Apt 31/07/2015 99 1259 1178 935 District 14 NON-LANDED Astoria Park Apt1,107 words
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Page 28 Advertisements
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Advertisement291 2015-09-12 28 World Amateur Golfers Championship SINGAPORE Join the national golf tour that allows you to compete with peers ENTRY FEE Qualifiers $568 Direct entry to Final $1,288 *Special packages available for corporate flights. SINGAPORE QUALIFIERS 25 September 2015 28 September 2015 2 October 2015 Selling Fast SINGAPORE FINAL 14 October 2015291 words
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BANKING & FINANCE
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544 2015-09-12 29 Largest lenders in bloc, including 14 from Germany, will contribute 2.8b euros this year Bloomberg Frankfurt THE biggest euro-area banks will put 2.8 billion euros (S$4.5 billion) this year into crisis funds intended to keep taxpayers off the hook for meltdowns inBloomberg - 544 words
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Article, Illustration871 2015-09-12 29 James Stewart - The dubious case of global law firm Dewey LeBoeuf By James Stewart NYT New York THE names Enron and WorldCom are synonymous with accounting fraud and an era in which top executives turned to desperate measures to inflate company earnings, mislead investors, prop up share prices and supercharge their alreadyNYT; PHOTO: BLOOMBERG - 871 words
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Page 29 Advertisements
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Advertisement122 2015-09-12 29 GOOD CLASS BUNGALOW LAND FOR SALE HOLLAND PARK Brand New Land ***** sf Build Up ***** sf Contemporary tropical design Beautiful land Wide frontage Easy access, mins to Botanic Garden, Priced to sell OpenHouse SWISS CLUB ROAD Land ***** sf Beautiful elevated yet flat land Amazing view BELMONT Easy access122 words
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ENERGY & COMMODITIES
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Article, Illustration537 2015-09-12 30 Downgrade will raise cost of refinancing debt, reduce capital available to drill wells: sources Reu ters Rio de Janeiro BRAZIL’S state-run oil company Petrobras, which slashed its fiveyear spending plan by 40 per cent in June, will likely cutReuters - 537 words
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Article, Illustration505 2015-09-12 30 Venezuela has pushed for it; Riyadh is not keen on intervening in the market Reuters Doha TOP oil-exporter Saudi Arabia sees no need to hold a summit of producing countries’ heads of state if such discussions would failReuters; PHOTO: REUTERS - 505 words
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290 2015-09-12 30 Bloomberg New York SHALE oil producers already awash in a supply glut face added crude as early as next year after an agreement to ease sanctions on Iran cleared a Senate obstacle. A Senate vote on ThursdayBloomberg - 290 words
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Page 30 Advertisements
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Advertisement24 2015-09-12 30 Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 998824 words
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TECHNOLOGY
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757 2015-09-12 31 Automakers say feature ensures safer driving but sceptics warn it could be a distraction NYT New York WHEN Manish Undavia took delivery of the 2016 Audi A7 sedan list price, about US$71,000 it came with technology rarely found in automobiles, even five years ago:NYT - 757 words
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Article, Illustration621 2015-09-12 31 Development of TV apps will allow consumers to bypass cable TV subscription AFP San Francisco THE New Apple TV unveiled this week has the potential to do for television what iPhone did to mobile phones, while claiming a starring role in homeAFP; PHOTO: AFP - 621 words
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CONSUMER
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Article, Illustration745 2015-09-12 32 For startups that make it over the hump, rewards can be considerable NYT New York FOR budding entrepreneurs, the watch industry would seem a strange place to start. It is the definition of a mature industry, built on centuries-old technology such as balanceNYT - 745 words
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673 2015-09-12 32 US vendors, asked to pay for use of shelf space and facilities, face higher costs Bloomberg New York AFTER years of meeting demands for ever cheaper prices, many Wal-Mart Stores Inc suppliers are saying no to new mar-gin-squeezing storage fees and a payment scheduleBloomberg - 673 words
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TRANSPORT
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650 2015-09-12 33 China trainmaker’s new Springfield plant is showcase for US expansion; it is bullish on prospects in American cities Bloomberg New York NEW York’s ageing subway system is an irresistible draw for Yu Weiping, vice president of CRRC Corp, China’s biggest maker ofBloomberg - 650 words
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Article, Illustration711 2015-09-12 33 Bloomberg Montreal BOMBARDIER Inc is refocusing the sales campaign for its tardy CSeries jet on established airlines, a shift away from reliance on lessors and small carriers. In its quest for 300 firm orders by the time the plane entersBloomberg; PHOTO: BLOOMBERG - 711 words
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GOVERNMENT & ECONOMY
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486 2015-09-12 34 August reading signals that inflation may linger below the Federal Reserve’s goal for some time LATEST US DATA Bloomberg Washington WHOLESALE prices in the US were little changed in August, restrained by lower fuel costs that signal that inflation would remain weak. StagnantBloomberg - 486 words
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Article, Illustration1032 2015-09-12 34 WP Mumbai WHILE India’s Prime Minister Narendra Modi is running into obstacles in his plan to build 30 kilometres of highway every day, construction companies are still binging on debt. IL&FS Transportation Networks and IRB Infrastructure Developers are among the top sevenWP; PHOTO: REUTERS - 1,032 words
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Article, Illustration572 2015-09-12 35 Anthony Rowley - Market seizes on Abe adviser’s suggestion that the central bank’s Oct 30 meeting is a good opportunity for another round of easing By Anthony Rowley btworld@sph.com.sg Tokyo THE yen fell against the dollar and other currencies on Friday, as highly nervous currencyPHOTO: REUTERS - 572 words
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485 2015-09-12 35 Reuters Hong Kong A SPIKE in the offshore yuan following suspected rare intervention by Chinese state banks is expected to be short-lived, especially with a looming US interest rate rise likely to add to the attraction of owning dollars. But those bettingReuters - 485 words
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Article, Illustration987 2015-09-12 36 Analysts see it as a positive step in calming wild stockmarket swings, provided officials are clear about the rules Bloomberg Shanghai CHINA’S plan to introduce a stockmarket circuit breaker would help calm volatility after price swings in the benchmark index surged to an 18-yearBloomberg; PHOTO: REUTERS - 987 words
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298 2015-09-12 36 Reuters Hong Kong HONG Kong’s securities regulator said on Friday that a Moody’s Corp report questioning corporate governance at 49 Chinese firms was “shoddy” and “unprofessional” a report the ratings agency said it stood by even though it contained errors.Reuters - 298 words
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Page 35 Miscellaneous
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Miscellaneous323 2015-09-12 35 CRYPTIC CROSSWORD Across 1 Draw on this to make a reservation on second boat (10) 6 Northern type’s place with charge initially for parking (4) 10 Bug contained by regular vaccination? (5) 11 Badger in a woolly coat (9) 12 Drunk restricts working when stars are out (7) 13 Time323 words
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Wealth
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Article, Illustration1131 2015-09-12 37 Danial Mah Abdullah - Singapore lags its peers, with only 58% of families here having succession plans. By Danial Mah Abdullah ~The writer is interim CEO, Labuan International Business and Financial Centre ASEAN is witnessing a rapid wealth boom with most of this affluence held by traditional Asian family-owned businesses.FILE PHOTO - 1,131 words
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OPINION
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Article, Illustration1065 2015-09-12 38 / 39 Thomas Menkhoff - It underpins the entire innovation process from ideation to the successful commercialisation of a novel product or service. By Thomas Menkhoff By Thomas Menkhoff ~The writer is professor of organisational behaviour and human resources (education) at the Singapore Management University Lee Kong Chian School of Business, andPHOTO: AFP - 1,065 words
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749 2015-09-12 38 / 39 Ng Lai Yee - By Ng Lai Yee ~The writer is managing director, health public service, at Accenture Singapore THE higher-education environment is not like what it used to be. Neither are the students. While parents see a university degree as an assurance of success, students are749 words
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Page 38 / 39 Miscellaneous
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Miscellaneous10 2015-09-12 38 / 39 SATURDAY with Ludwig So many parties is everyone having fun?’10 words
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BT WINE CHALLENGE 2015
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Article, Illustration1261 2015-09-12 40 / 41 Chan Wai Xin - The diversity of Italy’s wine scene is well represented in 10 of The Business Times Wine Challenge 2015’s Top 50 wines. By Chan Wai Xin By Chan Wai Xin SPEAKING about Italian wine as a whole always risks oversimplification because of the diversity involved.1,261 words
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Page 40 / 41 Advertisements
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Advertisement154 2015-09-12 40 / 41 BT Wine Challenge 2015 Readers’ Contest picked every week to receive an exclusive invitation for two. There are a total of 15 readers who will stand a chance to win in this contest! NOW, wine lovers like you will get a chance to savour some of these award-winning labels, along154 words
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BT CORPORATE GOLF LEAGUE 2015
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Article, Illustration772 2015-09-12 42 Justine Moss - With one round left, they shoot a superb 112 at Seletar to move to the top of the table with an overall total of 433. By Justine Moss By Justine Moss THERE may have been a rain-delayed start to the fifth round of this year’s772 words
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LIFE & CULTURE
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Article, Illustration627 2015-09-12 43 Cheah Ui-Hoon - Authors, musicians and film-makers to perform in JB and in Penang in programme that could spur future collaborations, says its founder By Cheah Ui-Hoon uihoon@sph.com.sg Singapore FIFTY Singapore artistes will be performing in Malaysia in CausewayEXchange (CEX), an arts festival featuring artistes fromPHOTO: SHERWYND KESSLER - 627 words
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Page 43 Advertisements
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Advertisement572 2015-09-12 43 wine&dine with BTWeekend AquaMarine Marina Mandarin Singapore 6 Raffles Boulevard, Level 4Z6845-1111 Feast Refuel AquaMarine Rev up for F1 at Aquamarine with a fueling buffet spread, featuring the Red Bull-Braised Beef Shank in Tomato Jus, Mercedes-Mini Chicken and Cheese Sliders, Sauderia-Seafood Orzo Cooked in Light Crustaceans Broth, MacLaren-Old English Clam572 words
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Page 44 Advertisements
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Advertisement138 2015-09-12 44 TO BREAK THE RULES, YOU MUST FIRST MASTER THEM. THE VALLÉE DE JOUX. FOR MILLENNIA A HARSH, UNYIELDING ENVIRONMENT; AND SINCE 1875 THE HOME OF AUDEMARS PIGUET, IN THE VILLAGE OF LE B R A S S U S T H E E A R LY WAT C H M138 words
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