The Business Times, 1 January 2016

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Microfilm: NL33744
Total Pages: 37
1 40 The Business Times
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  • Title Section
    Lock icon Masthead
    19 1 TUE BUSINESS TIMES www. usinesstimes.com.sg FRIDAY, JANUARY 1, 2016 S$1.00| MCI (P) 039/08/2015 S|Jl A SINGAPORE PRESS HOLDINGS PUBLICATION
    19 words
  • Article, Illustration
    Lock icon Post-SG50 path can be just as exciting: PM Lee
    742 1  -  Fiercer competition, higher aspirations tempered by more opportunities, resources By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE Singapore economy is both slowing down and undergoing a period of transition, said Prime Minister Lee Hsien Loong in his New Year Message on Thursday.
    742 words
  • Article
    Lock icon SGX stocks in a dark place as 2015 ends
    1885 1  -  STI slides 14% to 11-year low; market cap down S$102b; brokers target 3,000-3,200 points for end-2016 By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore THE Year of the Sheep has turned into a period of slaughter with Singapore stocks as a whole registering
    1,885 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon CONTENTS
      54 2 NEWS Top Stories 2-7 Companies Markets 8-12 Market stats 10-11 Real Estate 14-15 Banking Finance 16 Energy Commodities 17 Technology 18 Consumer 19 STI 20-21 Govt Economy 22-24 Opinion 26-27 Transport 28 Shipping Times 29-30 BT LIFESTYLE City Buzz 31 City Life 32 Wine 33 Books 34 Arts 35-36
      54 words
    • Article
      Lock icon MARKETS
      132 2 HSTI 2,882.73 (-2.78) GSTI FUTURES 2,892.00 (+6.00) HSIMSCI 322.67 (-0.58) GSIMSCI FUTURES 323.60 (+0.30) STOCKS Thursday Change KL COMP 1,689.74 -3.40 NIKKEI 225 CLOSED HANG SENG 21,914.40 +32.25 SET CLOSED JAKARTA CLOSED MANILA CLOSED KOSPI CLOSED SHENZHEN B 1,309.36 +0.48 MUMBAI(5pm) 26,015.90 +55.87 Wed’s close Change DOW 17,603.87 -117.11
      132 words
    • Article, Illustration
      Lock icon Bank lending set to end the year with a whimper
      457 2  -  November loans down 0.7% from a year ago at S$604b, reflecting weaker business lending By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore BANK lending is due for a dull finish for the year, according to November figures released on Thursday, and given
      PHOTO: SPH FILE PHOTO  -  457 words
    • Article
      Lock icon Keeping the shop open is harder than setting it up
      1212 4  -  Business closure data suggests Singapore’s business hygiene factor is not as strong REVIEW 2015 By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore SINGAPORE’S pro-business environment has been recognised around the world by entrepreneurs, putting it consistently in the top spots when it
      1,212 words
    • Article, Illustration
      Lock icon Oil likely to slide further with no sign of glut easing
      635 5 Futures down 31% this year with inventories up by more than 25% Bloomberg Hong Kong OIL headed for a second annual decline as a record pace of expansion in US crude stockpiles exacerbates a global glut. Futures have lost
      Bloomberg; PHOTO: REUTERS  -  635 words
    • Article, Illustration
      Lock icon Oil price expected to rise to US$80 in 2016
      406 5  -  BREAKINGVIEWS By Andy Critchlow REUTERS THE next big move in the price of oil will be up. For now, Organization of the Petroleum Exporting Countries (Opec) producers are flooding the market with cheap crude. But low-cost Opec producers will win the
      REUTERS  -  406 words
    • Article, Illustration
      Lock icon Three-month Sibor jumps to new multi-year high as 2015 closes
      482 6  -  Rate of 1.***** per cent is 2.6 times higher than a year ago a bane for many home buyers By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore THE key three-month Sibor jumped to a new multi-year high of 1.***** per cent,
      Source: Bloomberg  -  482 words
    • Article
      Lock icon Yuan faces long haul to global prominence
      282 6 Bloomberg Washington THERE’S no doubt 2015 was a watershed year for the Chinese currency. The yuan in May was judged no longer undervalued by the International Monetary Fund. Less than three months later, officials in Beijing roiled global markets with a surprise devaluation
      Bloomberg  -  282 words
    • Article, Illustration
      Lock icon 1MDB scrubbing out its debt stains
      792 6  -  By Una Galani THE world’s most troubled sovereign fund is scrubbing itself clean. 1 Malaysia Development Berhad has been at the centre of allegations of graft which have sparked investigations from Hong Kong to the United States. Now a US$1.7 billion deal with a
      792 words
    • Article, Illustration
      Lock icon Amazon steamrolls through 2015
      1036 7 Its share price has more than doubled; market capitalisation dwarfs Walmart’s NYT New York TWO decades after Jeffrey Bezos started Amazon in his Bellevue, Washington, garage, his e-com-merce juggernaut could be forgiven for letting up on its rapid growth. Not Amazon, though, which steamrolled through 2015,
      NYT; PHOTO: REUTERS  -  1,036 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon Second Chance’s Q1 profit up 48%; revenue dips
      279 8  -  Boost from fair-value gain on financial assets By MINDY TAN tanmindy@sph.com.sg @MindyTanBT Singapore SECOND Chance Properties’ fiscal first-quarter net profit jumped 48.36 per cent from S$1.70 million to S$2.53 million even as revenue dipped 7.1 per cent to S$8.21 million. The three
      279 words
    • Article
      Lock icon Sembcorp Industries names Nicky Tan as exco member
      371 8  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore UTILITIES group Sembcorp Industries has appointed restructuring specialist Nicky Tan Ng Kuang, who runs nTan Corporate Advisory, as a member of its board’s executive committee (exco) with effect from Jan 1. Mr Ng joined the board
      371 words
    • Article
      Lock icon Top 100
      671 8 CURR RANK DEC 31 2015 LAST YR RANK DEC 31 2014 MKT CAP (S$M) DEC 31 2015 CHNG FROM DEC 31 2014 COMPANY 1 1 Prudential 82,159.2 13.3 2 2 Singtel 58,475.7 -5.9 3 3 JMH 48,385.0 -13.2 4 5 JSH 43,305.6 -14.6 5 4 DBS Grp 41,971.7
      671 words
    • Article, Illustration
      Lock icon Market wraps up 2015 with a loss of 14.3%
      569 9  -  STOCKS R Sivanithy sivan@sph.com.sg @RSivanithyBT Senior Correspondent IN some senses, the week just past was a microcosm of the year just past, with prices drifting lower in poor volume and the only meaningful interest coming in the 30 Straits Times Index
      569 words
    • Article, Illustration
      Lock icon Further losses seen for emerging-market currencies
      387 9 Bloomberg Kuala Lumpur EMERGING-MARKET currencies slumped this year by the most in almost two decades, and analysts are forecasting further losses in 2016 due to China’s slowdown and US monetary tightening. The deteriorating sentiment also hurt stocks and bonds, with an index of equities
      Bloomberg; PHOTO: REUTERS  -  387 words
    • Article
      Lock icon GAINERS
      74 9 BY CENTS CLOSE UP 52w high/low DBXT STGLDv US$ 2955 76.3 1.9 3302/2776 DBXT S&P Short US$ 2115 26.9 0.9 2393/2086 Jardine C&C 3485 20.0 0.6 4258/2636 DBXT MSJAP US$ 4872 17.0 0.2 5277/4433 China Minzhong 83.5 14.5 21.0 112/63 BY PERCENTAGE CLOSE UP 52w high/low ChinaSports 2 150.0
      74 words
    • Article
      Lock icon LOSERS
      73 9 BY CENTS CLOSE DOWN 52w high/low SPDR S&P500 US$ ***** -209.2 -0.7 *****/***** GLD US$ ***** -110.3 -0.8 *****/***** JMH USD 4873 -67.9 -1.0 6788/4500 JSH USD 2733 -38.2 -1.0 3693/2575 DBXT CSI300 US$ 968 -33.9 -2.4 1471/785 BY PERCENTAGE CLOSE DOWN 52w high/low UOB MB ePW*****1 1.3 -43.5
      73 words
    • Article
      Lock icon MOST ACTIVE
      36 9 VOLUME ChinaSports 79,603,000 APAC Strategic 29,561,900 Noble 17,084,500 Imperium Crown 16,198,900 MMP Resources 15,768,900 Market volume 644,907,000 VALUE Singtel 36,347,997 DBS Grp 25,115,757 Keppel Corp 23,609,103 OCBC Bank 21,802,848 UOB 21,683,660 Market value 371,155,000
      36 words
    • Article
      Lock icon STI STOCKS
      303 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 228 +3 229/227 271 213 6.4 5989 CapitaLand 335 -3 339/335 379 267 12.3 2.7 *****.5 CapitaMall Trust 193 -0.5 195/193 228 184.5 5.6 6707.3 CityDev 765 -10 777/761 1095 695 9.2
      303 words
    • Article
      Lock icon SGX ETFs Most Active
      111 10 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS MS INDIA US$ US670 -9 284 675/670 1000/639 670/678 83.8 STI ETF 295 100 296/295 355/280 295/296 DBXT MSINDO us$ US1167 29 -/-1492/911 1151/1155 ABF SG Bond ETF 115.5 cd 12 115.5/115.5 123.5/110.2 115.3/115.5 527.2
      111 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      786 10 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Dec 28 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Acesian Partners Ltd 30-Dec-15 Loh Yih Buy 600 0.03 4859 1.39 5459 1.57 Fragrance Grp 30-Dec-15 Koh
      786 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 6 3 0 0 1 3 6 4 Manufacturing 31 29 25 3 6 7 34 35 32 Commerce 18 12 17 1 4 5 19 16 22 Tpt/Stor/Comms 14 13 7
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 6,973 1,717 8,690 31,507 543 32,050 Manufacturing 126,613 21,211 147,824 26,580 1,145 27,725 Commerce 37,601 21,522 59,123 21,730 776 22,506 Tpt/Stor/Comms 60,747 133 60,880 80,681 10 80,691 Finance 7,638 17 7,655 77,281 2 77,284 Construction
      123 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      82 10 VOL CLOSE($) CHANGE China Sports 79,603.0 0.020 +0.012 +150.00 China Dairy 316.6 0.188 +0.078 +70.91 Chasen 992.8 0.040 -0.021 -34.43 PSL 5,768.2 0.525 -0.125 -19.23 SP Corp 11.1 1.095 +0.100 +10.05 Hiap Tong 132.7 0.082 -0.006 -6.82 YHI Intl 210.1 0.190 +0.025 +15.15 China Minzhong 209.9 0.835 +0.145
      82 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Dec 31 VALUE CLOSE BT OB/OS 215.00 -60.00 BT CADI -*****.00 +4.00 BT 10-day MA -*****.00 +22.00 FTSE ST Mid Cap 667.53 -1.59 FTSE ST Small Cap 403.51 +0.88 FTSE ST All Share 694.98 -1.17 FTSE ST China Top 171.82 +0.27 FTSE ST China 208.96 +0.90 FTSE
      77 words
    • Article
      Lock icon COMMODITY FUTURES
      193 11 Dec-29 Price Net change change Last Trade Agricultural Dec-29 CBOT Soybeans (US cents/bu) 870.00 5.00 0.58% 14/01/2016 CBOT Soybean Oil (US cents/lb) 30.52 0.32 1.06% 14/01/2016 CBOT Wheat (US cents/bu) 475.75 9.25 1.98% 14/03/2016 Dec-29 LIFFE Cocoa (£/tonne) 2243.00 -21.00 -0.93% 14/03/2016 LIFFE Coffee (US$/tonne) 1477.00 -8.00 -0.54%
      193 words
    • Article
      Lock icon PALM OIL
      58 11 Dec 30 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 16 2300.0 2292.0 2300.0 2275.0 127 3314 Feb 16 2420.0 2417.0 2430.0 2398.0 2703 ***** Mar 16 2495.0 2495.0 2504.0 2474.0 ***** ***** Apr 16 2538.0 2539.0
      58 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      67 11 Dec 31 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.53 100.60 100.58 5-Year N*****0S 2.000 01-Jul-20 100.45 100.55 100.50 10-Year NX*****Z 2.375 01-Jun-25 98.15 98.30 98.15 15-Year NZ*****F 2.875 01-Sep-30 99.7 100.05 100.05 20-Year NZ*****V 3.375 01-Sep-33 105.97
      67 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 11 Dec 31 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0326 1.0330 0.7305 0.7307 Canadian dollar 1.0189 1.0193 0.7210 0.7208 Euro 1.5450 1.5455 1.0930 1.0932 NZ dollar 0.9682 0.9687 0.6850 0.6852 Sterling pound 2.0952 2.0960 1.4823 1.4826
      155 words
    • Article, Illustration
      Lock icon Straits Times Index
      23 11 Source: YTD change: -14.34% 52-week high: 3,539.95 on April 15, 2015 52-week low: 2,787.94 on Sept 29, 2015 Source: Bloomberg
      Source: Bloomberg  -  23 words
    • Article
      Lock icon BONDS, WARRANTS, PREFERENCE SHARES
      209 11 Most active Dec 31 Prem Expiry Last Vol Conv Exer Disc Gear-Mths Company Sale +or-('000) Ratio Price ing Left Ntegrator Intl Ltd W*****3 0.4 0.1 2889 1 1 17 3.00 35 Rowsley Ltd W*****3 2.9 -0.1 2700 1 18 10 STI 3100 MB eCW*****9 2 unch
      209 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INT’L INDICES
      365 11 In local curr In S$ In US$ dy yr dy yr dy yr Dec 30 Index Change Change Change Change Change Change World Preliminary 1289.4 -0.3 1.1 -0.2 5.0 -0.3 -1.7 EAFE Preliminary 1016.6 -0.3 3.0 -0.1 4.0 -0.2 -2.7 Europe Preliminary 1418.5 -0.6 2.7
      365 words
    • Article, Illustration
      Lock icon STOCK MARKETS
      10 11 Source: Bloomberg Source: Bloomberg Source: Bloomberg Source: Bloomberg
      Source: Bloomberg  -  10 words
    • Article
      Lock icon Enforcement takes centrestage in regulatory outlook for 2016
      1326 12  -  Challenge has been growing in prominence since the 2013 penny stock saga. REVIEW 2015 By Kenneth Lim kenlim@sph.com.sg @KennethLimBT ENFORCEMENT will dominate the regulatory limelight for Singapore’s capital markets and listed companies in 2016 even as the rules continue to evolve, lawyers
      1,326 words
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      29 12 g*? i Ja f V 9*: jiif SNIFF OUT GOOD DEALS AT AUCTIONS Check out information on auctions in The Straits Times Notices. THE STRAITS TIMES NOTICES jun 14/myj
      29 words
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      Lock icon Page 13 Advertisements Column 1
      143 13 WHEEL DEAL ‘LIVE’ The Carnival Automobile Megamart 9 10 January 2016 10am to 7pm Get the best price by having your car quoted ‘live’ by dealers from 11am to 3pm on Saturday 9 January. Registration limited to 30 cars only.# Call 6319 8889 or email wheeldeal@sph.com.sg with your contact details.
      143 words
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  • REAL ESTATE
    • Article, Illustration
      Lock icon US commercial property prices unlikely to repeat 2015’s upsurge
      938 14 Fallout from oil price slump and China’s slowing growth looms even as borrowing costs start to rise, threatening to crimp returns Bloomberg New York FOR investors in US commercial real estate, the good times may be over. The Federal Reserve’s first
      Bloomberg; PHOTO: BLOOMBERG  -  938 words
    • Article
      Lock icon Iconic New York hotels to cut carbon footprint
      323 14 Thomson Reuters Foundation New York SOME of New York’s most iconic hotels, comprising more than 11,000 guest rooms, promised to cut their carbon footprints on Tuesday and join a city effort to improve the energy efficiency of buildings. The famed Waldorf Astoria,
      Thomson Reuters Foundation  -  323 words
    • Article, Illustration
      Lock icon Still finding ways to adapt, modify and expand
      836 15 Architect Moshe Safdie has long picked up on the value of branding NYT New York MOSHE Safdie threw over his conventional dress shirts long ago for a jauntier wardrobe of band-collared alternatives. The version that he wore on a Monday morning as
      NYT; PHOTO: NYT  -  836 words
    • Article
      Lock icon Yahoo mulls selling Santa Clara site in an ‘active’ market
      341 15 Bloomberg New York YAHOO! Inc is considering selling a development site in Santa Clara, California, punctuating a difficult year for the once-dominant Internet brand. “With the active real estate market in Silicon Valley and considerable interest having been expressed in
      Bloomberg  -  341 words
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      74 15 Triumph over tragedy The nurses had to cover all mirrors and reflective glass in my ward. I was hysterical. When my son saw me for the first time after the attack, he screamed and ran away and said I was a ghost. Annie Siow, nightclub hostess turned social worker. Curl
      74 words
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  • BANKING & FINANCE
    • Article
      Lock icon Riskiest bank debt yields average of 8.2%
      515 16 Tighter rules imposed by regulators to make banks safer paying off Bloomberg London REGULATORS’ efforts to make banks safer are paying off for investors who prefer to live a little dangerously. Buyers of bank debt that would be written off first in a
      Bloomberg  -  515 words
    • Article, Illustration
      Lock icon Beijing clamping down on yuan speculators with bank bans: sources
      800 16 Bloomberg New York CHINA has a message for currency speculators: The free lunch is over. The People’s Bank of China (PBOC) has suspended at least two foreign banks from conducting some cross-border yuan businesses until late March, according to people
      Bloomberg; PHOTO: AFP  -  800 words
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Bauxite makes Pahang residents see red
      527 17 Run-off from booming but unregulated bauxite mining turns waters red Reuters Kuala Lumpur RIVERS and the sea ran red in parts of Malaysia this week after two days of heavy rain brought an increase in run-off from the booming and largely unregulated bauxite mining
      Reuters; PHOTO: NSTP  -  527 words
    • Article
      Lock icon US oil-producing states battered as energy prices slide
      803 17 Bloomberg Dallas IN Kern County, California, one of United States’ biggest oil producers, tumbling energy prices have wiped more than US$8 billion from its property-tax base, forcing officials to tap into reserves and cut every department’s budget. It’s only getting worse. The
      Bloomberg  -  803 words
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  • TECHNOLOGY
    • Article
      Lock icon US voter database mysteriously made public
      737 18 Not clear if data disclosed inadvertently or from hacks, but release raises questions of privacy and security NYT Washington A DATABASE containing personal information from 191 million voter records was mysteriously published over the last week, the latest example of personal voter data becoming
      NYT  -  737 words
    • Article, Illustration
      Lock icon Zuckerberg’s India backlash imperils vision for free global Web
      603 18 Bloomberg Mumbai MARK Zuckerberg didn’t see this coming. When Facebook Inc’s co-founder proposed bringing free Web services to India, his stated aim was to help connect millions of impoverished people to unlimited opportunity. Instead, critics have accused him of making a
      Bloomberg; PHOTO: AFP  -  603 words
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  • CONSUMER
    • Article, Illustration
      Lock icon DC’s ban on foam food containers goes into effect
      764 19 Undercover checks planned to ensure the law is fully implemented WP Washington IT’S lunchtime at Yum’s, and about a dozen construction workers are on break, scanning the menu board at the 30-year-old take-out spot in the District of Columbia (DC). Behind
      WP; PHOTO: BLOOMBERG  -  764 words
    • Article, Illustration
      Lock icon Apple said to be paying 318m euros to Italy’s tax office
      555 19 Reuters Milan APPLE Inc will pay Italy’s tax office 318 million euros (S$490 million) to settle a dispute over allegations it failed to pay taxes for six years, a source with direct knowledge of the matter said on Wednesday.
      Reuters; PHOTO: REUTERS  -  555 words
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  • FOCUS: STI
    • Article, Illustration
      Lock icon Greece, China and monetary policy
      1597 20 / 21 T o say that 2015 was not a good year for stocks would be a bit of an understatement even Wall Street, aided by a recovering economy and several years of massive monetary stimulus, has not performed while for the Straits Times Index, the loss
      1,597 words
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Ringgit poised for steepest annual decline since 1997
      456 22 Slide may slow in 2016 as Brent prices steady after hitting 11-year low Bloomberg Kuala Lumpur MALAYSIA’S ringgit headed for its biggest annual decline since 1997 as plunging crude prices and a political scandal involving Prime Minister Najib Razak clouded the outlook
      Bloomberg; PHOTO: REUTERS  -  456 words
    • Article, Illustration
      Lock icon Indonesia to appeal rejection of US$565 million haze lawsuit
      416 22 AFP Jakarta THE Indonesian government will appeal a court’s rejection of a US$565 million lawsuit against a pulp and paper company accused of failing to prevent fires that blanketed South-east Asia in toxic haze, an official said on Thursday. The court
      AFP; PHOTO: AFP  -  416 words
    • Article
      Lock icon Shenzhen bourse to rival Shanghai by wooing blue-chip IPOs
      303 22 Reuters Shanghai THE Shenzhen Stock Exchange, home to China’s smaller listed companies, said it aims to resume initial public offerings (IPOs) by blue-chip firms in 2016 after a 12-year gap, potentially heating up competition with its bigger rival in Shanghai. Under
      Reuters  -  303 words
    • Article, Illustration
      Lock icon World in turmoil parks cash in Canada bonds for safe keeping
      456 23 Bloomberg Toronto EVEN with the nation’s economy struggling to rebound from recession, the Canadian government is still the safest bet in the developed world. Canada’s government bonds have posted the biggest return among nine developed countries this year, according
      Bloomberg; PHOTO: AFP  -  456 words
    • Article
      Lock icon 1MDB in RM7.4b asset deal with KL-China tie-up
      343 23 Sale of 60% of Bandar Malaysia seen boosting Beijing’s chances of more contracts in M’sia Reuters Kuala Lumpur MALAYSIA’S troubled state fund 1MDB said on Thursday that it had agreed to a US$1.7 billion property deal with a MalaysianChinese group, wrapping up
      Reuters  -  343 words
    • Article
      Lock icon HSBC subpoenaed over Argentine debt dispute
      434 23 Reuters New York CREDITORS suing Argentina over billions of dollars in defaulted bonds have subpoenaed HSBC Holdings plc for information about the country’s effort to raise money abroad, a person familiar with the matter said on Tuesday. The subpoena was a sign that the
      Reuters  -  434 words
    • Article, Illustration
      Lock icon Bill Cosby charged in 2004 sex assault case
      1434 24 He faces three counts of indecent assault; bail set at US$1m; preliminary hearing on Jan 14 WP Washington FOR years, women dozens of them have accused Bill Cosby of sexual assault, with incidents dating back to the 1960s. Now, for the first
      WP; PHOTO: REUTERS  -  1,434 words
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      Lock icon Page 23 Advertisements Column 1
      103 23 111^ cvypvoim oifrCreate a meaningful gift for your loved ones by turning a digitised front page newspaper that was published on their special day, such as birthdays, anniversaries and graduation, into unique mementos. Or if your loved one’s story has been featured, surprise them by making a gift using the
      103 words
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      Lock icon Page 25 Advertisements Column 1
      248 25 Ticket Prices inclusive of GST: TICKETS Early bird Normal 1-DAY PASS $20 $30 2-DAY PASS $30 $40 Date: Saturday Sunday 23 24 January 2016 Venue: SPH News Centre Auditorium 1000 Toa Payoh North Singapore *****4 Validity (Year 2016) 1 Jan 13 Jan 14 Jan 20 Jan Day 1 Saturday, 23
      248 words
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  • OPINION
    • Article, Illustration
      Lock icon Looking ahead
      2087 26 / 27  -  Here are top 10 predictions for what may happen in 2016. By Adam Slater ~The author is lead economist at Oxford Economics. This article was sourced from Oxford Economics’ Global Outlook 1. World growth steady but sluggish World growth has been stuck in a sluggish phase since 2011,
      PHOTO: REUTERS  -  2,087 words
    • Article
      Lock icon Data holds economic value in info-driven world
      964 26 / 27  -  By Paul Henaghan ~The writer is president of EMC SEA HenaghanAS ORGANISATIONS race to make sense of the opportunities and problems associated with our increasingly data driven world, businesses are coping with the need to more accurately measure its true value. We talk
      964 words
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  • TRANSPORT
    • Article
      Lock icon Airbus postpones delivery of first A320neo
      515 28 It cites documentation issues for delay; IndiGo says delivery delayed due to ‘industrial reasons’ WP Toulouse, France AIRBUS Group has postponed the first delivery of its A320neo model airliner by at least several weeks as it addresses issues with documentation for the aircraft, adding
      WP  -  515 words
    • Article, Illustration
      Lock icon Safer US rail system still a long way off as deadline extended
      869 28 NYT Washington WHEN the US Congress in October gave railroads extra time to install a badly needed speed-con-trol system, officials at the Federal Railroad Administration vowed to move aggressively to make sure the safety technology would be in
      NYT; PHOTO: REUTERS  -  869 words
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      552 29 THE BUSINESS TIMES SHIPPING TIMES 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) BTL SIN PKL KUC KK JKT MALAYSIA STAR 54 50 9/1 10/1 14/1 16/1 FORTUNE EPOCH 101 35 122
      552 words
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      356 29 C a i l a n J e d d a h B r i s b a n e E Shanghai Chittagong n n o Ho Chi Minh r e H o n g K o n g J e b e NYK RORO (ASIA) PTE. LTD. REGULAR SERVICE
      356 words
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      566 30 WALLENIUS WILHELMSEN LOGISTICS Tel: (65) 6379 5066 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com website: http://www.2wglobal.com AUSTRALIA NEW ZEALAND TO ASIA VESSEL VOY AKL BNE PKL MEL FRE SIN TARAGO FF601 16/12 20/12 22/12 23/12 29/12 05/01 TYSLA FF602 23/12 27/12 29/12 01/01 09/01 16/01 OBERON FF605 16/01 18/01 20/01 25/01
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      356 30 WSINOKOR MERCHANT MARINE CO. LTD CIX (SAT) NHS (SUN) Vessel VOY SIN HKG KAN PUS HY SINGAPORE 073E 02/01 08/01 13/01 14/01 HY TACOMA 059E 09/01 15/01 20/01 21/01 ZIM HAMBURG 2E 16/01 22/01 27/01 28/01 TEXAS *****E 23/01 29/01 03/02 04/02 Vessel VOY SIN HCM PUS KAN HJ PORT
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      400 30 BINTANG MAS SHIPPING PTE LTD 39 Neil Road Singapore *****3 Tel: *****988 Fax: *****564 CR No.: **********0W Breakbulk Container Service to Sarawak, Sabah Brunei Vessel Voyage ETA SIN Muara Labuan K. Kinabalu Eline Enterprise 1601E 02.01.16 08.01.16 09.01.16 Eponyma 1601/E 07.01.16 13.01.16 14.01.16 16.01.16 Eline Enterprise 1602E 14.01.16 20.01.16 21.01.16
      400 words
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  • CITY BUZZ
    • CITY BUZZ BT writers' picks of what to see, do or talk about
      • Article, Illustration
        Lock icon STAND-UP WITH EXTRA SPICE
        288 31  -  By Avanti Nim STAND-UP COMEDY Laugh OK Please START the new year in the best possible way with a couple of big laughs. To help you get into that mood is Laugh OK Please, a stand-up comedy festival featuring four artists from Mumbai, Chennai and Bangalore.
        PHOTOS: LAUGH OK PLEASE  -  288 words
      • Article, Illustration
        Lock icon The Israel Philharmonic Orchestra
        159 31  -  CLASSICAL By Helmi Yusof WHEN Zubin Mehta conducted the Israel Philharmonic Orchestra (IPO) at Marina Bay Sands in 2014, the poor acoustics of the venue disappointed many. Now to celebrate the orchestra as well as the maestro’s 80th birthday, they are back to perform on Jan
        PHOTO: SHAI SKIFF  -  159 words
      • Article, Illustration
        Lock icon Fei Yu Qing 2016 Concert
        190 31  -  CONCERT By Dylan Tan EVERGREEN Taiwanese balladeer Fei Yu Qing returns to Singapore to usher in the new year with another solo concert. Looking as youthful as ever even at 60, he shot to fame way back in the 1970s, singing theme songs for TV
        FILE PHOTO  -  190 words
      • Article, Illustration
        Lock icon Orchard Road Pedestrian Night
        169 31  -  OUTDOOR EVENT By Rachel Loi KICK off the new year roaming the streets of Orchard Road, as they keep it car-free this Saturday evening for the monthly Pedestrian Night. Festivities will include highlights from Chingay 2016, plus stage performances at the HAG Space in front of
        PHOTO: BRANDON KHOO AND MICAPPLLA  -  169 words
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  • CITY LIFE
    • Article, Illustration
      Lock icon Crafting an appeal
      790 32  -  The first Craft Singapore 2016 aims to make craft brews more mainstream. By Avanti Nim By Avanti Nim avantin@sph.com.sg QUICK pop quiz: how many craft beers can you name off the top of your head? If you can count them with one hand, it just proves that
      PHOTO: CRAFT SINGAPORE 2016  -  790 words
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  • WINE
    • Article, Illustration
      Lock icon A wine strategy for the New Year
      885 33  -  Looking out for the best wines at the best prices is a good way to ring in 2016. By NK Yong ON the threshold of another new year what can we look forward to wine-wise? First, what can we expect of vintage 2015?
      PHOTO: BLOOMBERG  -  885 words
  • Page 33 Miscellaneous
    • Miscellaneous
      Lock icon Page 33 Miscellaneous Column 1
      315 33 CRYPTIC CROSSWORD Across 1 Plant register found in monastery (10) 6 According to reports, makes pots (4) 10 Rise and dress (3,2) 11 At night, a student follows rap act on the radio (9) 12 Overrode protests from the East, revealing missile (7) 13 Put the focus on narrow opening
      315 words
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  • BOOKS
    • Article, Illustration
      Lock icon Tiang wields a deft and subtle rendering
      665 34  -  Jeremy Tiang’s collection of short stories, It Never Rains on National Day, is more than just the sum of its parts. By Tan Teck Heng By Tan Teck Heng thtan@sph.com.sg WITH a title like It Never Rains on National Day, you’d expect Jeremy
      665 words
    • Article, Illustration
      Lock icon Twice the fun with upsized edition
      488 34  -  By Tan Teck Heng thtan@sph.com.sg WHAT makes a new edition of a book truly new? Publishers sometimes slap on a foreword by Mr So-and-so, correct a couple of typos, and send it off to the printers. Not Joshua Ip, or Math Pa- per Press
      488 words
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  • ARTS
    • Article, Illustration
      Lock icon Ride down movie memory lane
      762 35  -  A bus takes you to sites where Cathay-Keris films were once shot with artworks to boot. By Helmi Yusof helmi@sph.com.sg @HelmiBT IN the final scene of 1965 black-and-white Cathay-Keris film Chinta Kaseh Sayang (My Darling Love), a beautiful and bored adulteress (played by screen siren
      PHOTOS: CATHAY-KERIS  -  762 words
    • Article, Illustration
      Lock icon Art from unexpected corners
      727 36  -  Prudential Eye Awards casts its net wide to include nominees from emerging art scenes. By Helmi Yusof helmi@sph.com.sg @HelmiBT A CAMBODIAN sandal-eating performance artist, a Bangladeshi sculptor who lines weapons of war with flowers, and a Vietnamese filmmaker protesting her country’s nuclear plans are among the
      PHOTOS: ROBERT ZHAO, HUANG PO-CHIH; PHOTOS: SUTTHIRAT SUPAPARINYA, PROMOTESH DAS, MANISH NAI  -  727 words
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  • CINEMA
    • Article, Illustration
      Lock icon Suffragettes’ battle cry
      658 37  -  Director Sarah Gavron’s retelling of the women’s rights movement is a riveting thriller. By Geoffrey Eu LONG before Margaret Thatcher became Prime Minister in 1979, women in Britain were not allowed to vote, but due in part to the efforts of a feminist movement precursor, they won
      PHOTO: SHAW ORGANISATION  -  658 words
    • Article, Illustration
      Lock icon Stalking James Dean
      587 37  -  By Geoffrey Eu BUILDING a film around a decades-old photo-essay in Life magazine might seem like a stretch but when the subject of the shoot is a moody young actor on the cusp of stardom, and the photographer has a suitably bleak backstory of his own, a
      PHOTO: AFP  -  587 words
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  • COVER STORY
    • Article, Illustration
      Lock icon Bye bye 2015, hello 2016!
      1212 38 / 39  -  What lies ahead in 2016 for the newmakers of 2015? BT Lifestyle gazes into its uber-comprehensive A-Z crystal ball. By Dylan Tan By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT A for Amos Yee THERE are rebellious teenagers and there is Amos Yee who makes Kylo Ren look
      1,212 words
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      59 40 LifestyleBTTHE BUSINESS TIMES JAN 1, 2016 BYE BYE 2015, HELLO 2016! What lies ahead in 2016 for last year’s newsmakers 38-39 CINEMA Suffragette review 37 ARTS Prudential Eye Awards 36 ARTS Bus ride down movie memory lane 35 BOOKS Picks of the top reads 34 WINE Vinous celebrations 33 PHOTO-ILLUSTRATION:
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