The Business Times, 2 March 2016

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Microfilm: NL33802
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes S$1.20 CO REGN NO *****2868E MCI (P) 039/08/2015 Wednesday, March 2, 2016
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  • Article, Illustration
    Lock icon DAILY DIGEST
    168 1 China’s Purchasing Managers’ Index has fallen to its lowest point in four years, adding pressure on the government to loosen monetary policies. TOP STORIES 2 Signs in Japan of an accelerating economic slowdown were greeted with news that the government might opt to announce fresh fiscal stimulus before
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  • Article
    Lock icon Singapore’s cleantech companies starting to take off in the region
    1276 1  -  Kickstarted at home by govt-led investments in R&D, they are taking their know-how to energy-hungry Asia SINGAPORE'S FUTURE ECONOMY By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore IN a small Philippine village about 600 km south-west of Manila and out in the
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  • Article, Illustration
    Lock icon Amid controversy, SingPost issues lawyer’s letter to Sias
    567 1  -  Move said to be linked to anonymous letter sent to the association last year By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore THE storm surrounding Singapore Post has taken a twist with the Securities Investors Association (Singapore) or Sias the shareholder activist group that
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  • Article
    Lock icon MARKETS
    26 1 Tuesday Change STI 2,682.39 +15.88 KL COMP 1,670.82 +16.07 NIKKEI 225 16,085.51 +58.75 HANG SENG 19,407.46 +295.53 SHENZHEN B 1,109.56 +14.70 DOW(10.45 EST) 16,711.47 +194.97
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  • Page 1 Advertisements
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  • TOP STORIES
    • Article
      Lock icon China February PMI falls to 4-year low, employment hit
      602 2  -  Central bank cuts requirement ratio rates by 50 basis points to support slowing economy By Virginie Mangin btworld@sph.com.sg Beijing CHINA’s Purchasing Managers’ Index (PMI) fell to its lowest point in four years in February, adding further pressure on the government to
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    • Article
      Lock icon MTP takes effect; new watch-list imminent
      423 2  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore THE minimum trading price (MTP) is now in place on the Singapore Exchange’s (SGX) Main board, but analysts expect no significant market reaction to a new watch-list of non-com-pliant companies. SGX said it would release the watch-list “very
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    • Article, Illustration
      Lock icon Room for more sun and wind
      38 2 Singapore has built an ecosystem of research institutes and living labs to equip firms for opportunities in renewable energy Infographic Source: Bloomberg New Energy Finance (charts) BT Graphics: Andrea Soh, Hyrie Rahmat
      Source: Bloomberg New Energy Finance (charts); BT Graphics: Andrea Soh, Hyrie Rahmat  -  38 words
    • Article, Illustration
      Lock icon SIA to take delivery of eleven A350s this year
      666 4  -  This will allow it to grow network, add new destinations after a period of little expansion on its long-haul routes By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Toulouse SINGAPORE Airlines (SIA) will take delivery of 11 A350s this calendar year, which will allow
      PHOTO: DESMOND LIM/THE STRAITS TIMES  -  666 words
    • Article, Illustration
      Lock icon Global giants mine Singapore offices to add value
      920 4  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore TRAVELLING to a mine typically entails long distances on the road, wearing protective gear, sitting through safety briefings a time-consuming endeavour that is also expensive. But if plans by Rio Tinto in Singapore come to pass,
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    • Article
      Lock icon Shanmugam lays out the facts of Benjamin Lim case
      693 4  -  PARLIAMENT By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore BENJAMIN Lim, the schoolboy who committed suicide after being accused of molesting an 11-year-old girl, would probably have been let off with a warning, Home Affairs and Law Minister K Shanmugam told Parliament
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    • Article
      Lock icon New Bill empowers Singaporean volunteers to deal with litter bugs
      406 4  -  Community volunteers will be given the enforcement power of NEA officers to make them more effective By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore PARLIAMENT on Tuesday passed the National Evironment Agency (Miscellaneous Amendments) Bill, paving the way for more volunteers
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    • Article, Illustration
      Lock icon Japan’s economic slowdown deepens
      751 5  -  Sources say Abe is to convene an advisory panel to consider an extra budget for the coming fiscal year By Anthony Rowley btworld@sph.com.sg Tokyo GROWING signs of an economic slowdown in Japan, revealed in data published on Tuesday, were greeted with news that Prime Minister Shinzo
      PHOTO: BLOOMBERG; PHOTO: REUTERS  -  751 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      155 2 Getting the Tax Provisioning Right Correct tax provisioning requires the proper calculation of current tax and deferred tax. For many finance professionals, the concepts underlying current tax and deferred tax are not intuitive. The application of deferred tax under FRS 12 has always been rather challenging even for the more
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    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      175 2 Speakers BDO Singapore KYLIE LUO, Tax Partner Kylie is the Head of BDO's Asset Management and Private Wealth Tax practice in Singapore. She has over 15 years' experience in Singapore and international tax and has worked on a broad range of tax advisory assignment for a wide range of clients
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    • Advertisement
      Lock icon Page 2 Advertisements Column 3
      21 2 Don’t merge MTP and loss-making watch-lists, Page 6 Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      191 5 WAT E R ATTRACTIVE PRICES Price from $1 798 PSF only LAST unit 3-Bedroom with Pool View at $2.62m LAST 2 units 4-Bedroom with Pool View from $3.34m it* 'N v r. A »e V m Sit j m i vm M •is <*5 if* 'iff) It riff V' ■fer
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  • COMPANIES & MARKETS
    • Article
      Lock icon Don’t merge MTP and loss-making watch-lists
      597 6  -  HOCK LOCK SIEW BY R SIVANITHY sivan@sph.com.sg @RSivanithyBT IT could well end up being a case of subtraction by addition. We’re referring here to a suggestion that the Singapore Exchange (SGX) should consider merging its soon-to-be-announced minimum trading price (MTP) watch-list of companies with
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    • Article
      Lock icon S i2i plans S$0.729 a share distribution via capital reduction
      571 6  -  By Angela Tan angelat@sph.com.sg Singapore BARELY half a year since the return of its founder last September, S i2i has returned to the black and is planning a cash distribution of about S$ 10 million, or 72.9 Singapore cents a
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    • CORPORATE BRIEFS
      • Article
        Lock icon China Fishery Group
        120 6 FITCH Ratings has downgraded China Fishery Group’s issuer default rating (IDR) to “restricted default” or “RD” from “C” or what is defined as exceptionally high levels of credit risk where a default is inevitable. The credit ratings agency on Tuesday said it has not assigned an outlook
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      • Article
        Lock icon BOC Aviation
        80 6 aircraft operating leasing company BOC Aviation on Tuesday reported a record net profit after tax of US$343 million for its fiscal year ended Dec 31, 2015, an 11 per cent increase over 2014. Total revenue and other income rose 10 per cent to US$1.09 billion, while total assets
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      • Article
        Lock icon Starland Holdings
        104 6 CATALIST-listed Chinese property developer Starland Holdings will be suspended from trading on Wednesday morning, after an offer from industrial product supplier GRP Limited’s indirect subsidiary took its free float below 10 per cent. GRP Chongqing Land controlled or had valid acceptances for 99.10 per cent of the total
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    • Article, Illustration
      Lock icon Palm oil prices will be higher this year as El Nino is set to hit output: Golden Agri
      503 6  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore PALM oil prices will be higher this year compared to the last, as the impact of a very severe El Nino last year cuts industry production
      PHOTO: AFP  -  503 words
    • Article
      Lock icon Fitch rates Mapletree Industrial Trust’s new notes BBB+
      418 6 Singapore FITCH Ratings on Tuesday gave Mapletree Industrial Trust’s (MIT) new S$60 million 3.79 per cent fixed-rate unsecured and unsubordinated notes due in March 2026 a rating of BBB+. The agency also affirmed MIT's BBB+ long-term ratings on the outstanding S$245 million
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    • Article
      Lock icon China’s bond reforms will ease liquidity pressures: Fidelity
      332 6  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore CHINA’S opening bond market will ease liquidity pressures for companies in the economy, said Bryan Collins, who manages Fidelity’s US$3-bil-lion Asia high yield fund. Last week, China’s central bank said it will introduce more qualified foreign
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    • Article
      Lock icon Profits of S’pore-listed companies hit by fall in oil, property prices
      823 7  -  Combined full-year earnings of 433 companies which reported 2015 results down 22.7% at S$25.2b EARNINGS SQUEEZE By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore THE fall in oil and property prices translated to weaker profits for several Singapore-listed companies that announced
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    • Article, Illustration
      Lock icon Double-digit falls in most developers’ profits as domestic challenges persist
      1054 7  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore THINNER development profits and incremental impairments dragged down property developers’ earnings in their latest fiscal period. This was especially so for developers who rely on domestic residential development sales for the bulk of their
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    • Article
      Lock icon SIAS: Iceberg’s allegations against Noble of no concern to investors
      347 7  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore THE allegations raised by Iceberg Research against Noble Group should be of no concern to investors, and investors should not accept reports by unregistered and unregulated writers, the Securities Investors Association (Singapore) said. The
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    • Article
      Lock icon Q&M full-year profit up as acquisitions boost revenue
      463 7  -  By leemx@sph.com.sg Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore Q&M Dental Group has posted a 33 per cent increase in its net profit to S$ 11.4 million for its full year ended Dec 31, 2015. Revenue was up 16 per cent at S$97.8 million.
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    • Article
      Lock icon New Silkroutes to buy 51% stake in Stamford Management
      361 7  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore NEW Silkroutes Group (NSG), via its wholly owned subsidiary New Silkroutes Capital Pte Ltd, has proposed to buy a 51 per cent stake in Stamford Management Pte Ltd for up to S$ 24.48 million, to
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    • Article, Illustration
      Lock icon STI / Catalist
      63 8 STI Catalist Straits Times index March 1,2016 2,682.39 +15.88 (+0.60%) Current streak 3 days Day high 2,682.39 Day low 2,654.98 52-week high 3,539.95 (Apr 15, 2015) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist index March 1,2016 449.56 +6.47 (+1.46%) Current streak 3 days Day high 449.56 Day low
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    • Article, Illustration
      Lock icon Markets react to PBOC’s latest RRR cut
      632 8  -  Firm day for Hong Kong, China and Dow futures nudges the STI up 15.88 points STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT GAINS in China, Hong Kong and the Dow futures helped the Straits Times Index (STI) rise 15.88 points to 2,682.39 on Tuesday,
      Source: Bloomberg  -  632 words
    • Article
      Lock icon STI STOCKS
      312 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 239 -3 242/236 271 209 6.1 6277.9 CapitaLand 303 +5 304/298 379 267 12.1 3 ***** CapitaMall Trust 217 -2 220/215 228 184.5 5.2 7543 CityDev 736 cd +25 736/711 1095 661
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    • Article
      Lock icon MOST ACTIVE
      35 8 VOLUME Ezra 118,249,700 Noble 75,606,300 Rex Intl 54,277,100 Vallianz 50,975,800 Healthway Med 48,598,000 Market volume 1,597,872,000 VALUE DBS Grp 277,624,986 JMH USD 231,811,702 Singtel 77,934,207 OCBC Bank 51,081,774 UOB 47,973,707 Market value 1,470,927,000
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    • Article
      Lock icon SGX ETFS
      109 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS MS INDIA US$ US607 +17 406 607/591 838/575 604/607 75.9 STI ETF 269 298 270/267 355/254 268/270 DBXT CSI300 US$ US750 +18 40 753/732 1471/700 755/757 DBXT MSRussia US$ US169 +7 40 169/169 235/129 170/171
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Mar 1 VALUE CLOSE BT OB/OS 261.00 -46.00 BT CADI -*****.00 +65.00 BT 10-day MA -*****.00 +26.00 FTSE ST Mid Cap 656.54 +1.14 FTSE ST Small Cap 384.18 +3.99 FTSE ST All Share 664.12 +2.33 FTSE ST China Top 155.56 +0.68 FTSE ST China 186.30 +0.95 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 8 STI FTSE ST All-Share ftse ST All-Share index March 1,2016 664.12 +2.33 (+0.35%) Current streak 3 days Day high 664.12 Day low 659.06 52-week high 847.98 (Apr 15, 2015) 52-week low 625.37 (Jan 21, 2016)
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    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 8 STI MSCI EAFE MSCI EAFE index Feb 29,2016 1,558.17 +0.09 (+0.01%) Current streak 3 days Day high 1,564.70 Day low 1,542.89 52-week high 1,949.49 (May 15, 2015) 52-week low 1,492.43 (Feb 12, 2016)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 2 4 1 0 0 7 2 4 Manufacturing 44 26 27 8 8 8 52 34 35 Commerce 18 18 11 4 2 5 22 20 16 Tpt/Stor/Comms 14 17 3
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 25,452 3,668 29,120 84,055 791 84,846 Manufacturing 184,675 55,283 239,958 119,863 3,887 123,750 Commerce 106,257 95,832 202,089 298,969 4,045 303,015 Tpt/Stor/Comms 226,986 627 227,613 173,298 51 173,348 Finance 34,309 34,309 393,096 393,096 Construction 9,537 26,252
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    • Article
      Lock icon UNUSUAL ACTIVITY
      85 8 VOL CLOSE($) CHANGE Miyoshi 295.1 0.061 +0.019 +45.24 Abundance Intl 85.1 0.025 -0.010 -28.57 Mary Chia 17.0 0.065 +0.020 +44.44 Leader Env 243.1 0.024 +0.002 +9.09 Healthway Med 48,598.0 0.031 +0.004 +14.82 Darco Water Tech 22.5 0.220 +0.030 +15.79 Loyz Energy 35,829.8 0.044 +0.008 +22.22 Koh Eco 1,080.0
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    • Article
      Lock icon GAINERS
      74 8 BY CENTS CLOSE UP 52w high/low DBXT MSAsExJp US$ 2918 131.6 3.3 4064/2772 DBXT MSEurope US$ 4988 78.4 1.1 6300/4770 Great Eastern 2180 78.0 3.7 2530/1870 GLD US$ ***** 75.6 0.5 *****/***** DBXT MSKorea US$ 4766 49.0 0.7 6246/4478 BY PERCENTAGE CLOSE UP 52w high/low Miyoshi 6.1 45.2 1.9
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    • Article
      Lock icon LOSERS
      77 8 BY CENTS CLOSE DOWN 52w high/low DBXT Nifty US$ ***** -236.7 -1.6 *****/***** JMH USD 5702 -168.0 -2.1 6618/4500 DBS Bk 4.7% NCPS ***** -60.0 -0.6 *****/***** Jardine C&C 3823 -32.0 -0.8 4258/2636 IS ASIA HYG US$ 1017 -15.4 -1.1 1130/977 BY PERCENTAGE CLOSE DOWN 52w high/low Infinio 0.1
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    • BROKERS’ TAKE
      • Article
        Lock icon Golden Agri-Resources | Buy
        119 8 Golden Agri-Resources Buy March 1 close: S$0.37 Target price: S$0.44 UOB Kay Hian Research, March 1 Golden Agri-Resources reported a core net profit of US$50.9 million (+10 per cent year-on-year, -17 percent quarter-on-quarter) in Q4 FY15 and US$221.4 million (flat year-on-year) in 2015. Results were within our expectation. Weakness was
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      • Article
        Lock icon Ezion Holdings | Hold
        196 8 Ezion Holdings Hold March 1 close: S$0.51 Target price: S$0.56 OCBC Investment Research, March 1 Ezion has postponed the delivery of six service rigs and there is mutual agreement with clients, yards and banks. There are also plans to convert existing assets into mobile offshore production units (MOPU) with the
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      • Article
        Lock icon Vard Holdings | Fully Valued
        145 8  - Vard Holdings Fully Valued Compiled By Kenneth Lim March 1 close: S$0.16 Target price: S$0.13 DBS Group Research, March 1 We maintain our “fully valued” call with a lower target price of S$0.13, pegged to 0.3 times price-to-book ratio. Despite the about 40 per cent fall in share price year-to-date
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    • Article
      Lock icon CALENDAR
      14 8 DATA IMarch 2 Singapore Purchasing Managers Index IMarch 2 US MBA Mortgage Applications
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    • Article
      Lock icon Yen falls as stocks rise, euro is held back
      469 9 CURRENCIES REUTERS London THE yen fell on Tuesday as rising stock markets increased demand for riskier trades, while expectations of more easing by the European Central Bank (ECB), following soft eurozone factory data, pushed the euro to a one-month low against
      REUTERS  -  469 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 9
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 9 Mar 1 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.969 4.699 0.660 5.581 48.888 95.844 0.811 8.850 2.995 1.084 75.213 34.000 1.006 11.292 0.717 23.776 25.575 0.514 0.718 Canada 1.032 4.848
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 9
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      • Article, Illustration
        Lock icon DOW JONES
        2 9
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      • Article, Illustration
        Lock icon NIKKEI
        1 9
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 9 Mar 1 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0056 1.0065 0.7181 0.7183 Canadian dollar 1.0373 1.0385 0.7411 0.7408 Euro 1.5225 1.5239 1.0873 1.0876 NZ dollar 0.9277 0.9290 0.6625 0.6630 Sterling pound 1.9548 1.9566 1.3960 1.3964
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 9 Mar 1 S$ Bid Offer 1-month 1.4010 1.4021 2-months 1.4022 1.4033 3-months 1.4034 1.4045 6-months 1.4066 1.4078 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        214 9 Most active Mar 1 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left CSC Holdings W*****9 0.7 unch 7917 1 1 21 2.00 57 DBS MB eCW*****4 14.4 1.1 7360 0.1 1360 7 Secura Group W*****5 2.2 0.1 5806 1
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 9 In local curr In S$ In US$ dy yr dy yr dy yr Feb 29 Index Change Change Change Change Change Change World Preliminary 1195.9 0.3 -6.4 0.3 -7.0 0.3 -6.2 EAFE Preliminary 917.5 -0.1 -9.5 0.0 -10.0 0.0 -9.2 Europe Preliminary 1313.1 0.3 -7.0
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        392 9 Mar 1 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Mar16 8637.50 8875.00 8627.50 8810.00 *****9 *****7 Apr16 8542.50 8770.00 8535.00 8722.50 2298 763 NIKKEI 225 INDEX FUTURES Mar16 *****.00 *****.00 *****.00 *****.00 ***** *****0 Jun16 *****.00 *****.00 *****.00 *****.00 1052 9354 MSCI TAIWAN
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 9 Mar 1 $S Offer Bid 0vernight 0.50 0.40 1-month 1.125 1.000 2-months 1.1875 1.0625 3-months 1.2500 1.1250 Overnight mode: 0.40 US$ Offer Bid 7 days 0.45 0.35 1 month 0.48 0.38 2 months 0.65 0.45 3 months 0.75 0.55 6 months 1.00 0.80 9 months 1.20 1.00 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        67 9 Mar 1 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.54 100.61 100.59 5-Year NX*****X 2.250 01-Jun-21 102.18 102.30 102.15 10-Year NX*****Z 2.375 01-Jun-25 101.18 101.35 101.15 15-Year NZ*****F 2.875 01-Sep-30 102.85 103.00 103.00 20-Year NZ*****V 3.375 01-Sep-33 109.42
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 9 Feb-29 Price Net change change Last Trade Agricultural Feb-29 CBOT Soybeans (US cents/bu) 853.00 -2.00 -0.23% 14/03/2016 CBOT Soybean Oil (US cents/lb) 30.64 -0.39 -1.26% 14/03/2016 CBOT Wheat (US cents/bu) 445.00 1.75 0.39% 14/03/2016 Feb-29 LIFFE Cocoa (£/tonne) 2215.00 54.00 2.50% 14/03/2016 LIFFE Coffee (US$/tonne) 1375.00 49.00 3.70%
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    • Article
      Lock icon SGX MAINBOARD
      1741 10 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Last vol Day Div GrYld 153 127 AIMSAMP Cap Reit 134 +2 126 134.5 132 1 8.3 851.4 MCap 175.5 101 ARA Asset Mgmt 106.5cd +1 773 107 106 1.7
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    • Article
      Lock icon SGX CATALIST
      220 10 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last Vol Day 4 1.7 t Acesian Partners 3 +0.3 550 3 2.9 4.1 10.5 GrYld Net MCap High LOW Company Sale ('000) High Low C'vr P/E 29.5 16.7 t CNMC
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    • Article
      Lock icon SGX ETF
      134 10 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 1039 700 CIMBASEAN40 US$ US798 +14 1 798 798 125.2 4258 2355 DBXT China50 US$ US2496 +6 4 2532 2496 6.9 High Day 1750 995 DBXT MSCHINA US$
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  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      71 10 ON THIS OPPORTUNITY Reach out to investors and affluent readers in this Investor Information Page. Advertise at less than $5,800 per full colour ad (a special package for 4 leading newspaper titles The Straits Times, The Business Times, Lianhe Zaobao and The New Paper Sunday). Contact our Sales Team now!
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  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      5878 11 Voluntary Conditional General Offer by DBS Bank Ltd. (company registration no. *****0306E) (incorporated in the Republic of Singapore) for and on behalf of Slater Pte. Limited (company registration no. *****5564K) (incorporated in the Republic of Singapore) an investment vehicle of to acquire all the issued and paid-up ordinary shares in
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  • REAL ESTATE
    • Article
      Lock icon SRX launches new property magazine
      254 12  -  By Grace So graceso@sph.com.sg STREETSINE Technology Group on Monday announced the launch of its print and digital magazine to be included as a quarterly insert in The Straits Times. The SRX Property Magazine is a joint project with StreetSine’s majority shareholder, Singapore Press Holdings (SPH).
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    • Article
      Lock icon JLL Singapore reshuffles its research arm
      217 12  -  By Wong Kai Yi kaiyiw@sph.com.sg SPURRED by significant growth in South-east Asia, investment management and professional services firm Jones Lang LaSalle (JLL) announced on Tuesday a reshuffle of its research arm in Singapore. Dr Chua Yang Liang, the company’s South-east Asia research head, will
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    • Article
      Lock icon Singapore corporates on the prowl for properties in Australia
      784 12  -  Australia top overseas real estate market for Singapore companies last year By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore SUSTAINED yield differentials between Australian real estate and assets in the mature markets of New York, London, Paris and Tokyo are set to keep
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    • Article, Illustration
      Lock icon Golden Wall Centre eyes S$250m to S$270m in enbloc sale
      521 12  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore GOLDEN Wall Centre, a freehold commercial property located at the junction of Short Street and Rochor Canal Road, will be launched for collective sale on Thursday. The bids for the site are expected to
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    • Article, Illustration
      Lock icon China new home prices up in Feb
      337 12 KEY CITIES’ HIGHS AND LOWS Beijing CHINA’S new home prices increased in February for the seventh straight month, a survey showed on Tuesday, positive news for the key sector following a series of stimulus measures aimed at boosting lending. The gains come as
      PHOTO: REUTERS  -  337 words
    • Article
      Lock icon Luxury home prices in central London suffer biggest fall since 2009
      234 12 BLOOMBERG London HOME prices in the best areas of central London fell by the most since June 2009 in the six months up to February, as turmoil in financial markets and higher taxes deterred buyers. The decline in the
      BLOOMBERG  -  234 words
    • Article, Illustration
      Lock icon Home values in Sydney rise for 2nd straight month
      323 12 BLOOMBERG Sydney SYDNEY dwelling values climbed for the second consecutive month, clawing back some of the losses from the end of 2015, according to CoreLogic Inc. Home values in the nation’s largest city increased 0.5 per cent in February, the research
      BLOOMBERG; PHOTO: BLOOMBERG  -  323 words
  • Page 12 Advertisements
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      112 12 THOMSON PLAZA(301 Upper Thomson Road) Approx. 0.23km from New Upper Thomson MRT SIM LIM SQUARE(1 Rochor Canal Road) Approx. 0.12km from New Rochor MRT 7 Adjacent Shop Units Total Strata Area 5102 sqft Tenanted to Key F&B Anchor Tenant Huge Development Potential 4 Shop Units Total Strata Area 1614 sqft
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon Templeton’s man in China predicts 20% stock rally as panic fades
      474 13 Economy will bottom out in the first half and the yuan will stabilise, he adds BLOOMBERG Hong Kong THE worst is over for Chinese stocks after panicked investors caused the world’s deepest sell-off, according to Franklin Templeton’s money-manage-ment unit
      BLOOMBERG; PHOTO: REUTERS  -  474 words
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      Lock icon Celebrating women who push boundaries
      583 13  -  By Arthur Lee arthurl@sph.com.sg INTERNATIONAL Women’s Day is just round the corner and Citibank will celebrate it by hosting a client event “Pushing the boundaries” on Thursday evening at the Raffles hotel. Some 90 guests are expected to listen to several remarkable women in Singapore
      583 words
    • Article
      Lock icon Europe stock trading volume surges as traders pull out
      541 13 BLOOMBERG Madrid TRADING in European stocks surged to the highest level since 2011, countering global trends and showing the extent to which investors betting on gains in the region got caught off guard when markets turned lower. The number of shares
      BLOOMBERG  -  541 words
    • Article
      Lock icon Maybank’s Asia investment banking head quits
      230 13 BLOOMBERG Hong Kong GILES ONG, Malayan Banking Bhd’s head of Asia investment banking, is leaving after building the advisory business beyond the lender’s home market during his four-year tenure. Mr Ong, 46, tendered his resignation last week, according to an e-mail he sent on
      BLOOMBERG  -  230 words
    • Article
      Lock icon China firms pitch big M&A break-up fees, minority stakes to allay US regulatory fears
      282 13 REUTERS Hong Kong CHINESE companies are offering to pay record break-up fees and are willing to settle for minority stakes in US mergers and acquisitions (M&As) in an attempt to assuage concerns of potential overseas partners
      REUTERS  -  282 words
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      184 13 Your address could be here: Level 24, CapitaGreen 9 fl .1 in >• II h :V* fire I mR ,1 4 World’s finest Serviced Offices Fully furnished prestigious offices Dedicated receptionist answering your calls the way you would like Meeting rooms, bilingual secretaries Global IT infrastructure 5 days free at
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  • ENERGY & COMMODITIES
    • Article
      Lock icon Singapore’s neutrality can help Iran’s petrochem trade
      687 14  -  Republic can link Iranian producers to customers in Asia, says Afco Petrochemicals executive By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore THE managing director of Afco Petrochemicals Pte Ltd believes Singapore as a regional trading hub balancing major buyer and seller nations offers the
      687 words
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      Lock icon Glencore profit dives 69% as prices for metals, oil slide
      562 14 BLOOMBERG London GLENCORE plc, the commodity trader and miner headed by billionaire Ivan Glasenberg, has reported a 69 per cent slump in profit as prices for metals and oil tumbled. Adjusted net income slid to US$1.34 billion from US$4.29 billion
      BLOOMBERG  -  562 words
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      Lock icon China’s MMG joins hunt for distressed mining assets
      426 14 REUTERS Sydney HONG Kong-listed MMG Ltd said on Monday it will look to buy assets of distressed miners in need of cash, joining a shortlist of companies with the financial means to turn predator. The China-owned copper and zinc miner operating in
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      Lock icon Debt swaps a tough sell for cash-strapped US energy firms
      751 14 REUTERS New York HIGHLY-LEVERAGED US energy companies are struggling to carry out debt swaps as part of their survival strategy because plummeting oil and gas prices make investors either avoid such deals or demand tougher terms. Last year, at least
      REUTERS  -  751 words
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      42 14 Vocational Training Consultancy Services Food Beverages Culinary Arts Retail Management Academic Programme Digital Technology Hotel Management Hospitality Travel Management Language Point of Sales System Software Solutions for MSEs (Micro Small Enterprises) Enterprise Resource Planning) TO EXHIBIT: S* +65 6319 4021 or mtdetasph.com.sg
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      37 14 My mother was a wise woman but most untiger-like. She understood me. I was, and still am, a determined and intense person.” Lee Wei Ling Now available at all major bookstores and www.stpressbooks.com.sg GET A COPY NOW!
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      103 14 CCIEs for HIRE NGTXtTGN Do You Need Cisco Certified Internetwork Experts (CCIE)? Having CCIEs will enable your company to win and deliver ever larger projects with greater complexities that demand the utmost expertise. That, in turn will increase the business performance of your company. We provide qualified, self-motivated, and dynamic
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  • TECHNOLOGY
  • Page 15 Advertisements
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      13 15 Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices
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      772 15 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
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      359 15 CCD Singapore <3t3.D Savings Bonds Website: www.sgs.gov.sg/savingsbonds/ Hotline: 6221 3682 Application for Singapore Savings Bonds The Monetary Authority of Singapore (MAS) invites individuals to apply for the next issue of Singapore Savings Bonds (Savings Bonds): Issuance date' Maturity date 1 Maximum amount offered 2 Issue Code Coupon payment dates 1
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  • CONSUMER
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      206 16 ST DBS 2016 YOUR TO A SUCCESSFUL CAREER WHY ATTEND STJobs Express 2016? U 6 A 6 P 4° Find out more about the wide array of jobs and internships on offer Come face-to-face with employers from the public and private sectors and learn more about their organisations Consult qualified
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Restructured Petronas sees 1,000 jobs made redundant
      559 17  -  National oil firm to redeploy affected staff, will embark on a separation exercise for them if required By Pauline Ng btworld@sph.com.sg Kuala Lumpur ABOUT 1,000 positions will be made redundant from Petronas’ new flatter and leaner organisational structure, Malaysia’s national oil company announced
      PHOTO: BLOOMBERG  -  559 words
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      Lock icon US construction spending jumps to eight-year high
      303 17 LATEST US DATA REUTERS Washington US construction spending surged in January to the highest level since 2007, in the latest indication that the economy was regaining momentum after slowing in the fourth quarter. Construction spending increased 1.5 per cent to US$1.14 trillion, the
      REUTERS  -  303 words
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      Lock icon RBA holds its nerve on rates, defying wave of global easing
      867 17 BLOOMBERG Sydney AUSTRALIA’S central bank held its policy nerve in the face of global easing and financial market upheaval that’s frustrating efforts to shift the economy away from mining. Yet it reiterated that limited price pressure provides scope to
      BLOOMBERG; PHOTO: BLOOMBERG  -  867 words
    • Article
      Lock icon Argentina, lead creditors agree on US$4.65b settlement to end debt battle
      736 17 REUTERS Buenos Aires ARGENTINA has agreed to a US$4.65 billion cash payment to its main holdout creditors and will present the deal to Congress this week for a vote which would end 14 years of bitter legal battles and
      REUTERS  -  736 words
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      605 17 the business times NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF Phillip Ventures Enterprise Fund Ltd (In Members’ Voluntary Liquidation) (Co. Reg. No. *****7623H) At an Extraordinary General Meeting of Phillip Ventures Enterprise Fund Ltd (the “Fund”) duly convened and held at 250
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  • TRANSPORT
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      Lock icon New opportunities, new risks
      760 18  -  Iran’s normalisation of relations with the world makes it a tempting market, but it would be wise to be cautious when navigating the changing regulatory landscape STRAIT TALK BY DAVID HUGHES IT IS dangerous to make assumptions or, even more, predictions when it comes to politics.
      760 words
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      Lock icon Gulf carriers compete for longest flight
      594 18 BLOOMBERG Dubai A BOEING Co 777-200LR will touch down in Auckland, New Zealand, on Wednesday after journeying 8,824 miles (14,200 km) from Dubai, grabbing the title of world’s longest scheduled airline flight for Gulf carrier Emirates. Not to be outdone, Qatar Airways will this
      BLOOMBERG  -  594 words
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      Lock icon China’s new petrol standard causing jams at Dutch port
      568 18 BLOOMBERG London CHINA’S switch to higher-quality petrol is being felt half a world away as barges bringing supplies for export clog up Amsterdam’s port, which ships more of the fuel than anywhere else. The Chinese government ordered 11 eastern provinces and
      BLOOMBERG  -  568 words
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      Lock icon Performance, power on display at Geneva motor show
      430 18 AFP Geneva FROM ultra-luxury sports cars to 4x4 urban conquerors, the Geneva International Motor Show opens on Tuesday as petrol guzzlers see their popularity rebound amid the oil price slide. More than 120 new models from manufacturers across the world will be
      AFP; PHOTO: BLOOMBERG  -  430 words
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      109 18 FREEADMISSION FUTUREs CFDs FUTUREs CFDs FOREX Alfred Chia SingCapital Derek Gue Author of Huat Ah! Vito Henjoto Zenifix Ting Wei Lin Author of Invest Lah! Dr Tee Tong Yan Ein55.com EVENT HIGHLIGHTS FINANCIALTALKS by Popular Investment Speakers EXCLUSIVE PROMOTIONS by Events’Partners Sure-Win SPIN &WINand more... Guaranteed attractive prizes to be
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      65 18 m OPTIMISING THE WORK ENVIRONMENT r ASIA 2016 29 JUNE-1 JULY 2016 Sands Expo Convention Centre, Marina Bay Sands, Singapore ti is m INTERESTED TO EXHIBIT? (65) 6848 5938 (3 OEA@bizlink.com.sg Organised By: Bl I I k I IS Block 8 Lorong Bakar Batu, #07-07 Singapore *****3 I LI Tel:
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      16 18 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices
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  • ASIA PACIFIC MARITIME 2016
    • Article, Illustration
      Lock icon Navigating choppy waters
      1132 19  -  A recovery in the maritime industry will hinge on the outcome of China's economic restructuring. BY FRANCIS KAN EVEN as the shipping industry continues to cope with the bugbears of oversupply and sluggish demand, industry players believe that there are some bright spots on the horizon. These
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      Lock icon Conference to highlight challenges and opportunities
      270 19 ASIA Pacific Maritime (APM) 2016, one of Asia’s biggest exhibitions and conferences, will return with its 14th edition with a focus on shipbuilding and marine, workboat and offshore. The three-day conference will comprise a lineup of regional and international industry figures as well as
      270 words
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      106 19 1-5 Th l4,h edition 0 Asia Pacific MARITIME n /pb \|jorKboat Offshore 0/l di n g Marine 16-18 March 2016 Hall A, B, C, D, E F Marina Bay Sands, Singapore Asia's Premier Marine, Workboat Offshore Exhibition and Conference Tough times never last, tough people and true friendships do. Make
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      8 19 Asia Pacific MARITIME 0/l dir>g Man^ e Offshore
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  • OPINION
    • Article
      Lock icon Obama should push ahead and mobilise support for the TPP
      533 20 EDITORIAL FOLLOWING a signing ceremony on Feb 4 in Auckland, New Zealand, the Obama administration has called on the Republican-controlled Congress to speed up the legislative process and approve the Trans-Pacific Partnership (TPP) agreement sooner than later. Despite fierce opposition
      533 words
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      Lock icon The blind leading the blind at G-20 summit
      805 20  -  THE BOTTOM LINE By Anthony Rowley AT the start of the Great Depression in the late 1920s US business barons who in those days ruled the world (or thought they did) would hold what later became known as “no business” meetings behind
      805 words
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      Lock icon Negative interest rates elicit negative reactions
      1557 20  -  A survey shows that zero is a major psychological barrier for savers as 77% of respondents will withdraw their money from their savings accounts if rates went negative. BY MARK CLIFFE BY MARK CLIFFE T The writer is chief economist of the ING Group
      VOXEU.ORG; PHOTO: REUTERS  -  1,557 words
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      Lock icon Transforming challenges into opportunities
      846 21  -  INDIAN BUDGET 2016 By Richard Rekhy T The writer is CEO of KPMG in India and a member of the Global board of KPMG international. The views stated above are personal INDIA’S Finance Minister Arun Jaitley announced a progressive budget concentrating on macroeconomic stability, boosting infrastructure
      846 words
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      Lock icon Theatre and politics in the run-up to Britain’s referendum
      625 21  -  COMMENTARY By Philip Middleton I T The writer is deputy chairman of the Official Monetary and Financial Institutions Forum’s Advisory Board THE debate ahead of Britain’s “in-out” European Union (EU) referendum on June 23 promises to be fierce and increasingly divisive.
      The PHOTO: BLOOMBERG  -  625 words
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      Lock icon Will repeal of Section 153 harm board renewal?
      1896 21  -  Independent directors who have served more than nine years should be elected annually, regardless of age. BY MAK YUEN TEEN AND CHEW YI HONG BY MAK YUEN TEEN, CHEW YI HONG T Mak Yuen Teen is an associate professor at the NUS
      USED WITH PERMISSION BY BT  -  1,896 words
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      2040 22 THE BUSINESS TIMES Shipping times C a i l a n E n n o r e J e d d a h B r i s b a n e Shanghai Chittagong Ho Chi Minh H o J e b e l A l i n g NYK RORO
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      245 22 ENG LEE SHIPPING CO PTE LTD Tel: *****222 (10 Lines) Fax: *****174/*****960 Website: www.englee.com.sg/Email: marketing@englee.com.sg CR No: **********0C REGULAR FEEDER SERVICES TO INDONESIAN (DE1) VESSEL VOY SIN ETA SIN ETD DESTINATION FREQUENCY Marco Polo 294 PRW083 01/03/2016 02/03/2016 Pelindo/Perawang DAILY Marco Polo 108 BST200 01/03/2016 02/03/2016 Buatan/Buatan DAILY Marco Polo
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  • LIFE & CULTURE
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      Lock icon Oscars’ viewership hits 8-year low
      530 23 Despite headlines generated by a race row, viewership was 6% down on last year’s 36.6 million in the same day “fast national” ratings AFP Los Angeles THE ABC TV network said on Monday 34.3 million Americans watched the 2016 Oscars, the lowest ratings in eight
      AFP; PHOTOS: AFP, REUTER  -  530 words
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      Lock icon Testing for grit? California schools pushed on social skills
      1017 23 NYT San Francisco THE fifth-graders in Jade Cooney’s classroom compete against a kitchen timer during lessons to see how long they can sustain good behaviour raising hands, disagreeing respectfully and looking one another in the eye without losing time to insults
      NYT; PHOTO: NYT  -  1,017 words
  • Page 23 Advertisements
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      17 23 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices
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      35 23 FREE ADMISSION 2016 THE LARGEST I.T., DIGITAL, MOBILE CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE! SHOW HIGHLIGHTS! STARBUYS TRADE-IN TECH SHOWCASE GAMEX BRAND TIME IT SHOW BABES CONTEST 10-13MARCHSUNTEC SINGAPORE ComexITShow www.itshow.com.sg TEL: 6747 4620 ORGANISED BY:
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  • Page 23 Miscellaneous
    • Miscellaneous
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      323 23 CRYPTIC CROSSWORD Across 1 Brief edition with coverage of tidings from the east country (6) 4 It’s impressive-looking, but it’s not working (8) 9 Start off with a meal outside (6) 10 Goes down as original organisers (8) 12 Aim, when near (4) 13 Bawl half-heartedly downstairs (5) 14 Joy,
      323 words
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  • EXECUTIVE MONEY
    • Article
      Lock icon New type of fund emerges
      811 24  -  Investors, spooked by the volatile markets, are turning to absolute-return funds; those launched by JP Morgan Asset Management and Franklin Templeton can be used to diversify portfolios. BY GENEVIEVE CUA BY GENEVIEVE CUA gen@sph.com.sg @GenCuaBT SHARPLY volatile markets and an uncertain outlook are pushing investors
      811 words
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      Lock icon Hedge fund mines a rich vein melding algorithms with 16th-century theory
      837 24 BLOOMBERG THE market turbulence leading investors to flee hedge funds around the world is providing a measure of vindication for one asset manager. First Quadrant LP, which manages US$11 billion in foreign-exchange strategies, relies on computer models that crunch
      BLOOMBERG; PHOTO: REUTERS  -  837 words
    • Article
      Lock icon Exxon sells US$12b debt amid waning demand
      573 24 BLOOMBERG New York INVESTORS are finding fewer and fewer companies to love in the corporate bond market. Exxon Mobil Corp sold US$12 billion of debt on Monday, in one of the biggest deals of the year. But there are plenty of signs that
      BLOOMBERG  -  573 words
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      89 24 emirates.com/sg Make friends in high places Rub shoulders with some of the most interesting people on the planet at 40,000 feet. Enjoy good company, sparkling conversation and surprising service in our A380 Onboard Lounge. Fly the Emirates A380 to over 35 destinations worldwide Destinations include Amsterdam, Barcelona, Jeddah, London, Los
      89 words
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  • BT INVESTMENT GUIDE 2016
    • Article, Illustration
      Lock icon Seeking higher returns
      1903 25 2016 holds plenty of challenges for financial markets, but it is at the market’s darkest moments that the best deals are found. BY CAIHAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT N INVESTING, a deceptively simple question can be asked: What return do you expect on your money? Going by a recent
      PHOTOS: REUTERS, BLOOMBERG  -  1,903 words
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      Lock icon MAKING SENSE OF GLOBAL FX TRENDS
      866 26  -  There is no longer a dominant US dollar trend, premised on US rate hike expectations or cutbacks in large scale asset purchases. BY BERNARD AW purchases.BY BERNARD AW T The writer is Market Strategist, IG Asia YOU used to be able to find a
      PHOTO: REUTERS  -  866 words
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      Lock icon Investing in an unstoppable ageing phenomenon
      781 27 Companies providing retirees with goods and services bring higher earnings growth with less risk THE trend is hard to argue against. Across the world, as people live longer and have fewer children, entire populations are ageing. A greyer population is commonly misperceived to herald
      781 words
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      Lock icon The Asian opportunity
      356 27 ASIA is among the most dynamic regions in the world, yet it is also ageing the fastest. United Nations statistics6 show the number of those aged 60 and above are expected to increase 114 per cent from 2014 to 2050, compared to 45 per cent in Europe.
      356 words
    • Article
      Lock icon RISING RISKS
      1107 28  -  Even after the recent recovery, the global equity benchmark index is still down over 6 per cent year-to-date. BY STEVE BRICE global BY STEVE BRICE T The writer is Chief Investment Strategist at Standard Chartered Bank’s Wealth Management unit Global equity markets have clearly started the year on
      1,107 words
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      Lock icon GROWING YOUR WEALTH WITH INSURANCE
      1190 30  -  Insurance products can supplement CPF and other investments as part of a diversified investment portfolio for retirement planning planning.BY FRANCIS KAN AS SINGAPOREANS live longer and face higher costs, finding investments that can keep a lid on medical expenses while yielding a steady income over
      1,190 words
    • Article
      Lock icon Insurance for wealth management
      226 30 ACCORDING to insurance experts, wealth management typically consists of three phases: I Accumulation of wealth I Growth and enhancement of wealth I Disbursement and distribution of wealth The choice of insurance products available to manage these three phases would consist of endowment plans, investment-linked plans and
      226 words
    • Article
      Lock icon Singaporeans’ attitudes to saving
      402 30 THE Aviva Consumer Attitudes to Savings study is conducted three times a year. The latest study conducted in November 2015 found that: I 53 per cent of Singaporeans are worried that they will not have enough money when they retire to provide an adequate standard of
      402 words
    • Article
      Lock icon Where is the best place to grow one’s wealth? We ask investment professionals for their take on the road ahead.
      729 31 “Retirement planning is not about how much you have earned but how much you have saved.” Leslie Wee, Head of Bancassurance, Standard Chartered Bank “With global growth slow and fragile,
      729 words
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      Lock icon THRIVING IN A TOUGH INVESTMENT CLIMATE
      2179 32 BT speaks to four senior asset managers to get their take on what investors can expect in the year ahead Participants: I Vincent Mortier, Deputy Chief Investment Officer, Amundi Asset Management I Michael Hasenstab, Chief Investment Officer, Templeton Global Macro at Franklin Templeton investments
      2,179 words
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      23 25 inside Rising risks 4 Growing your wealth with insurance 6 Thriving in a tough investment climate 8 POTENTIALPAYOUTS PAIDQUARTERLY 3-4.7cents per unit p.a.*
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      610 27 ‘There is no breaking point, no slowing down, no cyclicality, no reversion to anything. Nobody can argue that we are getting younger.’ Vafa Ahmadi, Head Of Global Thematic Equities, CPR Asset Management (Subsidiary ofAmundi) Amundi Asian Silver Age Fund is distributed by: 1 Eurosystem Household Finance and Consumption Network, July
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      173 27 MUNDI, y Investment Manager Trusted Partner CONFIDENCE MUST BE EARNED Amundi No.1 in Europe' 1 worldwide' USDl/ltn AUM' To learn more about Amundi, visit our website amundi.com.sg Amundi figures as of 31 December 2015. (1) No.1 European asset manager based on global assets under management (AUM) and the main headquarters
      173 words
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      495 28 Allianz Income Strategies VI Play in tune with vibrant Asia, Europe and US J V N v v A sweet repertoire of opportunities awaits with the structural reforms sweeping across Asia, the resurgence of the US economy and brighter earning prospects in Europe. Together with our in-depth research and insights,
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      238 29 Ensure you understand the risks and costs involved with CFD and FX trading by reading the Risk Disclosure Statement at IG.com.sg. IG Asia Pte Ltd (Co. Reg. No.*****0021K), regulated by MAS. Terms and Conditions apply The above promotion is only valid for a new account, with a minimum initial funding
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      63 30 Looking for slimmer spreads? Take a better position with spreads as slim as 0.7 points Go long or short on over 10,000 products with forex spreads startingfrom0.7pts,indicesfrom1.0ptandSingaporeshares with commission from 0.1% (min $10). Make sure your portfolio is made to measure on one seamless platform. Visit cmcmarkets.com.sg or our Raffles
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      215 31 WITH CHINA LIFE A GIANT OF LIFE INSURANCE. ■^1 /n K v A Companion For Years A Promise For Life Trust the Giant to protect what truly matters. We know that protecting what truly matters to you is important. That is why we, China Life Insurance Singapore, are here to
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  • Article, Illustration
    Lock icon In volatile times, hedge your risks
    900 33 SPECIAL FEATURE SINCE the global financial crisis in 2008, central banks around the world have inflated stock and bond prices through low interest rate policies. With slowing growth, investors are now nervous, and the beginning of 2016 has seen markets rocked by violent mood
    900 words
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      551 33 A NEW ALTERNATIVE FOR NAVIGATING VOLATILE MARKETS INTRODUCING FRANKLIN K2 ALTERNATIVE STRATEGIES FUND* In today’s unpredictable markets, you may be looking to reduce the impact of market volatility on your portfolio. The Franklin K2 Alternative Strategies Fund combines four hedge strategies to offer investors the potential for: additional diversification1 and
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  • Article, Illustration
    Lock icon Sticking together through good and bad
    1134 34 Nikko AM's Peter Sartori and Tan Eng Teck have been working together for 17 years SPECIAL FEATURE ASKED what kept them together as colleagues since 1999, Nikko AM’s head of Asian equity Peter Sartori and senior portfolio manager Tan Eng Teck looked at each
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      51 34 nikko am Nikko Asset Management GLOBAL OUTLOOK. ASIAN INSIGHT. LOCAL EXPERIENCE. The greener it is, the higher its value. True? You can’t tell the real value of jade simply by looking. Similarly, the best opportunities in Asia are not always obvious to the eye. See the real value of Asia.
      51 words
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  • Article, Illustration
    Lock icon How to plan for retirement
    964 35 SPECIAL FEATURE THERE will always be reasons to delay planning for retirement. When you just start your career, you might think you are still young, and time is on your side. When you just get married in your 30s, you may have a house and
    964 words
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      417 35 Standard Chartered Priority $5 a p Safeguard your future for what matters most. Helping you plan for your retirement is our priority too. Ensuring your loved ones are well taken care of is always of utmost importance. Benefit from a wide range of insurance solutions and our dedicated team of
      417 words
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  • Article, Illustration
    Lock icon How ETFs complement your portfolio
    902 36 Exchange-traded funds (ETFs) provide an easy way to broaden the investment horizon and potentially generate higher returns for Singaporeans, says one of the asset management pioneers State Street Global Advisors (SSGA) ADVERTORIAL SINGAPOREANS like property, insurance and cash fixed deposits in their investment portfolios. But
    902 words
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      393 36 1. Source: SSGA. As of 31 December 2015, SPDR STI ETF’s 1-, 3-, 5-, 10-year and since inception (11 April 2002) annualized return was -11.87%, -0.65%, 0.61%, 5.25% and 6.82% respectively. 2. Source: SSGA, as of 31 December 2015. 3. Source: SPIVA US Scorecard, as of 31 December 2014. 4.
      393 words