The Business Times, 15 April 2016
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2016-04-15
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The Business Times
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Title Section22 2016-04-15 1 THE BUSINESS TIMES S$1.20 A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes CO REGN NO *****2868E MCI (P) 039/08/2015 Friday, April 15, 201622 words
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Article162 2016-04-15 1 They are only advance estimates of Singapore’s economic growth in the first quarter of this year, but are enough to deepen fears of a technical recession among economists. TOP STORIES 2 Singapore Airlines is expected to benefit from the weaker Singapore dollar following the Monetary Authority of Singapore’s162 words
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Article27 2016-04-15 1 Thursday Change STI 2,913.93 +23.52 KL COMP 1,723.78 +0.67 NIKKEI 225 16,911.05 +529.83 HANG SENG 21,337.81 +179.81 SHENZHEN B 1,152.23 +3.31 DOW (11.45 EDT) 17,937.28 +29.0027 words
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Article, Illustration956 2016-04-15 1 Kelly Tay - Central bank shifts to neutral policy stance even without recessionary conditions as it tempers core inflation outlook By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore ONCE again, the Monetary Authority of Singapore (MAS) caught the market off-guard delivering an easing stroke by flatteningSource: Monetary Authority of Singapore (MAS) - 956 words
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Article, Illustration667 2016-04-15 1 Anita Gabriel - The investments were one of two “level three assets” assets that are deemed illiquid worth over RM13 billion By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore SINGAPORE’S boutique finance house NRA Capital was roped in to value 1 Malaysia Development Berhad’s US$2.318PHOTO: BLOOMBERG - 667 words
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Advertisement30 2016-04-15 1 *****1 *****1 THE BUSINESS TIMES SPIN DOCTORS The annual Record Store Day is back on Saturday, urging music-lovers to support brick-and-mortar retail stores instead of buying online BT LIFESTYLE 3030 words
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Advertisement14 2016-04-15 1 HIGH COMMUNITY SPIRITS New fund to help projects building national identity TOP STORIES 414 words
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Advertisement25 2016-04-15 1 FLASHPOINT Perennial turns to court in rift with Pontiac over Capitol S’pore COMPANIES MARKETS 6 WINE A family wine business called Gaja BT LIFESTYLE 2725 words
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Advertisement6 2016-04-15 1 BT Infographics: Flattening expectations, Page 26 words
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TOP STORIES
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Article, Illustration814 2016-04-15 2 Soon Weilun - MTI’s advance estimate puts first-quarter growth at 1.8%, deepening fears of a technical recession By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore THEY are only advance estimates of Singapore’s economic growth in the first quarter of this year, but are enough to deepen fearsSource: BMI, Singstat, MTI - 814 words
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Article, Illustration831 2016-04-15 2 Siow Li Sen - They see weaker Sing dollar, higher local interest rates as US rates rise MAS POLICY REVIEW B y Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore THURSDAY’S policy shift by the Monetary Authority of Singapore (MAS) to a zero per cent depreciation stance jolted theSource: Bloomberg; PHOTO: BLOOMBERG - 831 words
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Article, Illustration47 2016-04-15 2 KELLY TAY - Surprise (again)! On Apr 14,2016, the Monetary Authority of Singapore (MAS) flattened the S$ policy band, opting for 0% appreciation. The Business Times explains why. bykellytay BT Explains BY KELLY TAY Source: S$NEER MAS, Real GDP Growth, CPI Inflation Department of Statistics BTGraphics: Lynette NeoSource: S$NEER – MAS, Real GDP Growth, CPI Inflation – Department of Statistics; BTGraphics: Lynette Neo - 47 words
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Article, Illustration899 2016-04-15 3 Wong Wei Kong - Inflation remains key factor; costlier imports would cancel any export boost; surprise can be a useful policy tool MAS POLICY REVIEW COMMENTARY By Wong Wei Kong weikong@sph.com.sg @WongWeiKongBT THREE things from Thursday’s surprise easing by the Monetary Authority of Singapore (MAS). The central bank caught the899 words
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Article, Illustration412 2016-04-15 3 Nisha Ramchandani - By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore SINGAPORE Airlines is expected to benefit from the weaker Singapore dollar following the Monetary Authority of Singapore’s surprise easing, as it should boost visitor arrivals as well as bolster yields and loads. “We think that a weaker SingaporeFILE PHOTO - 412 words
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Article, Illustration468 2016-04-15 4 Lee U-Wen - Firms will be given advice, resources and access to networks so they can run more effective giving programmes SINGAPORE BUDGET DEBATE By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE National Volunteer and Philanthropy Centre (NVPC) and the Singapore Business Federation (SBF) are working together on468 words
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Article, Illustration584 2016-04-15 4 Lee U-Wen - The government will pay for up to 80 per cent of the costs of these projects, capped at S$50,000 for each By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE government will subsidise up to 80 per cent of the development costsFILE PHOTO - 584 words
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Article, Illustration835 2016-04-15 4 Anthony Rowley - By Anthony Rowley btworld@sph.com.sg Tokyo FINANCE ministers and central bank governors from the G20 group of advanced and emerging markets kicked off a meeting in Washington on Thursday, a day ahead of the spring meetings of the International Monetary Fund (IMF)PHOTO: REUTERS - 835 words
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495 2016-04-15 4 Pauline Ng - By Pauline Ng btworld@sph.com.sg Kuala Lumpur MALAYSIAN bank CIMB is aiming to grow its market share in both the credit card and share-trading segments by awarding credit-card bonus points for share trades. Its marketing campaign, launched this month with the tagline “The495 words
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Article, Illustration478 2016-04-15 4 LATEST US DATA BLOOMBERG Washington THE cost of living in the US, excluding food and fuel, rose less than forecast last month, bearing out Federal Reserve Chair Janet Yellen’s forecast that the recent pickup would prove fleeting.BLOOMBERG - 478 words
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Advertisement746 2016-04-15 3 Securing his future is our priority too. In an ever-changing world, every decision matters when it comes to protecting your wealth for your loved ones. Leverage our expertise, team of specialists and benefit from our wide range of insurance solutions as you grow your wealth to meet your family’s evolving746 words
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COMPANIES & MARKETS
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Article, Illustration712 2016-04-15 6 Lee Meixian - It is seeking wind-up of three associates, citing deadlock with co-owner over key issues By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore DISAGREEMENT between the co-own-ers of Capitol Singapore an integrated development located at the junction of Stamford Road and NorthFILE PHOTO - 712 words
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592 2016-04-15 6 Melissa Tan - By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore INDUSTRIAL landlord AIMS AMP Capital Industrial Reit (AA Reit) has tapped engineering and construction firm Boustead Projects to redevelop an industrial property at 8 and 10 Tuas Avenue 20 for an undisclosed amount up to592 words
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804 2016-04-15 6 BLOOMBERG Sydney AS fund manager Mark Williams deliberated from his London office where next to invest, the world’s most remote stock market was just too good to pass up. That’s worrying locals, 18,000 km away in New Zealand. The S&P/NZX 50 Index is theBLOOMBERG - 804 words
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Article, Illustration877 2016-04-15 7 VEN SREENIVASAN - HOCK LOCK SIEW BY VEN SREENIVASAN ven@sph.com.sg @VenSreeBT THE Singapore bourse seems to have been bitten by the “privatisation” bug. A combination of moribund market conditions and resulting undervaluations has prompted a steady stream of delistings over the past year. And many are saying opportunities877 words
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488 2016-04-15 7 Lynette Khoo - RESULTS By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore KEPPEL Reit said on Thursday that the Singapore office market is expected to remain challenging these two years given the impending new supply. “For Keppel Reit, 85 per cent of488 words
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448 2016-04-15 7 Amit Roy Choudhury - By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore KEPPEL Telecommunications and Transportation Ltd’s (Keppel T&T) first quarter net profit fell by 15.6 per cent due to, among other things, lower share of results from associated companies and higher taxation. Net profit for the fiscal 2016448 words
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335 2016-04-15 7 Mindy Tan - By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore SOILBUILD Business Space Reit’s (Soilbuild Reit) distribution per unit for the first quarter ended March 31 dipped 4.7 per cent from 1.633 Singapore cents to 1.557 Singapore cents while distributable income rose 9.6 per cent, from S$13.3 million335 words
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Article, Illustration63 2016-04-15 8 STI Catalist Straits Times index April 14,2016 2,913.93 +23.52 (+0.81%) Current streak 4 days Day high 2,924.24 Day low 2,909.04 52-week high 3,539.95 (Apr 15, 2015) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist index April 14,2016 452.05 -5.69 (-1.24%) Current streak 1 day Day high 459.18 Day low63 words
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Article, Illustration638 2016-04-15 8 R Sivanithy - Despite a third successive rise for the index, the broad market is still marginally weaker STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THE Straits Times Index on Thursday managed to advance further into the black for 2016 when it rose 23.52 points to 2,913.93, thusSource: Bloomberg - 638 words
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Article318 2016-04-15 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 247 unch 250/246 271 209 5.9 6492.3 CapitaCom Trust 142 -0.5 143/141.5 176.5 122.5 6.1 4196.6 CapitaLand 313 cd +4 317/311 379 267 12.5 2.9 *****.4 CapitaMall Trust 214 unch 215/212 228318 words
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Article35 2016-04-15 8 VOLUME Ezra 80,379,800 Yuuzoo 50,516,900 Noble 49,640,200 Ezion 26,648,500 YZJ Shipbldg SGD 25,530,100 Market volume 1,350,558,000 VALUE DBS Grp 122,042,866 OCBC Bank 113,789,176 UOB 109,489,805 Singtel 90,264,137 Keppel Corp 57,810,564 Market value 1,311,128,00035 words
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Article77 2016-04-15 8 Apr 14 VALUE CLOSE BT OB/OS 75.00 +45.00 BT CADI -*****.00 -25.00 BT 10-day MA -*****.00 +8.00 FTSE ST Mid Cap 693.55 +1.01 FTSE ST Small Cap 400.81 +1.44 FTSE ST All Share 710.66 +5.30 FTSE ST China Top 168.01 +0.98 FTSE ST China 200.90 +1.99 FTSE77 words
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Article, Illustration35 2016-04-15 8 STI FTSE ST All-Share ftse ST All-Share index April 14,2016 710.66 +5.30 (+0.75%) Current streak 4 days Day high 712.28 Day low 709.23 52-week high 847.98 (Apr 15, 2015) 52-week low 625.37 (Jan 21, 2016)35 words
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Article, Illustration33 2016-04-15 8 STI MSCI EAFE MSCI EAFE index April 13,2016 1,666.61 +29.67 (+1.81%) Current streak 6 days Day high 1,667.99 Day low 1,642.93 52-week high 1,949.49 (May 15, 2015) 52-week low 1,492.43 (Feb 12, 2016)33 words
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Article186 2016-04-15 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 6 6 0 1 0 5 7 6 Manufacturing 32 49 29 5 7 12 37 56 41 Commerce 20 16 17 2 6 5 22 22 22 Tpt/Stor/Comms 13 16 7186 words
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Article123 2016-04-15 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 27,356 644 28,000 100,726 139 100,865 Manufacturing 123,821 40,529 164,350 124,052 1,082 125,134 Commerce 80,131 31,108 111,239 96,957 1,321 98,279 Tpt/Stor/Comms 178,825 855 179,680 179,239 71 179,310 Finance 29,676 98 29,774 362,310 11 362,321 Construction123 words
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Article110 2016-04-15 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 291 +2 1106 293/291 355/254 291/292 DBXT MSPacXJp US$ US468 +16 118 468/468 523/401 471/472 DBXT MSBrazil US$ US313 +1 81 315/313 399/190 311/312 DBXT MSRussia US$ US197 80 198/197 235/129 199/200 DBXT CSI300110 words
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Article78 2016-04-15 8 BY CENTS CLOSE UP 52w high/low DBXT E50 US$ 4471 209.9 3.6 5300/3968 DBXT MSJAP US$ 4784 118.6 1.9 5277/4031 Jardine C&C 4265 102.0 2.5 4267/2636 DBXT MSCHINA US$ 1231 87.2 5.5 1750/995 DBXT MSINDIA US$ 936 55.9 4.6 1130/816 BY PERCENTAGE CLOSE UP 52w high/low OLS W*****5 0.278 words
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Article73 2016-04-15 8 BY CENTS CLOSE DOWN 52w high/low GLD US$ ***** -69.5 -0.4 *****/***** DBXT S&PShort US$ 2074 -60.0 -2.1 2393/2071 CIMBASEAN40 S$D 1156 -26.0 -2.2 1395/991 CIMBASEAN40 US$ 837 -17.7 -1.5 1019/700 Citic Envirotech 133 -10.5 -7.3 183.5/113.5 BY PERCENTAGE CLOSE DOWN 52w high/low STI 2800MBePW*****9 1.4 -57.6 -1.9 14.4/1.473 words
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Article83 2016-04-15 8 VOL CLOSE($) CHANGE AEI 52.5 0.680 +0.030 +4.62 Hiap Tong 120.0 0.067 -0.014 -17.28 Union Steel 13.4 0.430 -0.020 -4.44 Fuji Offset 3.0 0.260 +0.030 +13.04 Pan Ocean 0.3 4.690 +0.190 +4.22 China Great Land 250.1 0.013 +0.001 +8.33 EuroSports Gbl 5.0 0.180 +0.030 +20.00 TPV Tech 10.083 words
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BROKERS’ TAKE
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Article264 2016-04-15 8 April 14 close: S$0.68 Target price: S$0.699 Phillip Securities Research, April 14 The group intends to enhance long-term shareholder value by spinning off its manufacturing business in China by listing Aidite separately on the National Equities Exchange and Quotations, an emerging over-the-counter market in China264 words
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Article220 2016-04-15 8 Kenneth Lim - Compiled by Kenneth Lim April 14 close: S$0.50 Target price: S$0.56 DBS Group Research, April 14 To recap, the Basslink interconnector had suffered an undersea cable fault owing to which availability has been affected since Dec 20, 2015. Poor weather and the complex nature of the220 words
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437 2016-04-15 9 CURRENCIES REUTERS London THE dollar rose on Thursday, having posted its biggest one-day gain in over a month a day before, as improved risk sentiment led investors to trim positions in low-yielding currencies like the yen and the euro. A surprise policy easingREUTERS - 437 words
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FOREX RATES
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Article22 2016-04-15 9 Apr 14 S$ Bid Offer 1-month 1.3638 1.3647 2-months 1.3643 1.3653 3-months 1.3649 1.3659 6-months 1.3672 1.3684 Source: OCBC22 words
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Article155 2016-04-15 9 Apr 14 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0450 1.0460 0.7666 0.7669 Canadian dollar 1.0590 1.0599 0.7771 0.7769 Euro 1.5329 1.5340 1.1245 1.1247 NZ dollar 0.9346 0.9355 0.6856 0.6859 Sterling pound 1.9248 1.9264 1.4120 1.4124155 words
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Article471 2016-04-15 9 Apr 14 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.987 4.974 0.682 5.948 51.138 101.115 0.837 8.851 2.985 1.118 80.252 35.451 1.046 11.247 0.742 24.853 26.959 0.543 0.767 Canada 1.013 5.040471 words
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EQUITY BONDS WARRANTS FUTURES
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Article387 2016-04-15 9 Apr 14 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Apr16 9755.00 9827.50 9667.50 9720.00 *****6 *****0 May16 9717.50 9780.00 9647.50 9695.00 8066 ***** NIKKEI 225 INDEX FUTURES Jun16 *****.00 *****.00 *****.00 *****.00 *****6 *****7 Sep16 *****.00 *****.00 *****.00 *****.00 28 709 MSCI TAIWAN387 words
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215 2016-04-15 9 Most active Apr 14 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left SHS Holdings W*****6 7.4 -0.4 ***** 1 20 -4 3.85 44 DBS MB eCW*****1 12.7 1.2 8613 0.1 1480 3 OCBC Bk MB eCW*****3 7.7 0.8 5570215 words
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377 2016-04-15 9 In local curr In S$ In US$ dy yr dy yr dy yr Apr 13 Index Change Change Change Change Change Change World Preliminary 1258.2 1.4 -1.5 1.7 -4.5 1.2 0.1 EAFE Preliminary 948.9 2.3 -6.4 2.2 -7.4 1.8 -2.9 Europe Preliminary 1356.9 2.3 -3.9377 words
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BANK RATES
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Article154 2016-04-15 9 Apr 14 $S Offer Bid 0vernight 0.10 0.05 1-month 0.6875 0.5625 2-months 0.9375 0.8125 3-months 1.0000 0.8750 Overnight mode: 0.10 US$ 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 1.05 0.85 9 months 1.25 1.05 12154 words
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Article67 2016-04-15 9 Apr 14 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 98.95 99.08 98.98 5-Year NX*****X 2.250 01-Jun-21 102.84 103.08 102.70 10-Year NX*****Z 2.375 01-Jun-25 103.01 103.45 103.40 15-Year NZ*****F 2.875 01-Sep-30 106.17 106.35 106.35 20-Year NZ*****V 3.375 01-Sep-33 113.267 words
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AGRI METALS ENERGY
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Article250 2016-04-15 9 Apr-13 Price Net change change Last Trade Agricultural Apr-13 CBOT Soybeans (US cents/bu) 955.75 19.50 2.08% 13/05/2016 CBOT Soybean Oil (US cents/lb) 33.96 0.27 0.80% 13/05/2016 CBOT Wheat (US cents/bu) 461.50 9.00 1.99% 13/05/2016 Apr-13 LIFFE Cocoa (£/tonne) 2165.00 -1.00 -0.05% 13/05/2016 LIFFE Coffee (US$/tonne) 1515.00 -44.00 -2.82%250 words
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Article, Illustration653 2016-04-15 10 Andrea Soh - AGM WATCH By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore CONCERN over Noble Group’s thinning margins, and the sustainability of its business model, dominated questions at its annual general meeting (AGM) on Thursday. In response to news reports on the higher interest costs that itsSource: Noble Group - 653 words
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CORPORATE DIGEST
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Article92 2016-04-15 10 OLAM international has secured a revolving credit facility aggregating US$650 million. This consists of two tranches of US$325 million each, a 364-day revolving credit facility and a two-year revolving credit facility. Proceeds from the facility will be used to refinance existing debt and meet working capital and general92 words
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Article89 2016-04-15 10 fwd Group, the insurance arm of Asia-based Pacific Century Group, has acquired a 90 per cent stake in group medical insurance provider Shenton Insurance Pte Ltd for about S$28.4 million. Shenton Insurance was a wholly owned subsidiary of Parkway Holdings Limited, which is an indirect wholly owned89 words
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Article93 2016-04-15 10 PROPERTY developer Oxley Holdings has agreed to sell 241 units at Plot 21 of the Royal wharf Development in London for £59.9 million (S$115.6 million). The buyers have paid £1.8 million of the consideration amount, and will pay the remainder upon completion of Plot 21, which is expected93 words
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Article121 2016-04-15 10 FRASERS Centrepoint Limited’s wholly owned subsidiary FCL Treasury is looking to issue the sixth series of securities, comprising S$250 million in aggregate principal amount of fixed rate notes under the S$3 billion Multicurrency Debt Issuance Programme established by the Issuer on March 21, 2012. Oversea-Chinese Banking Corporation Limited121 words
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Article1849 2016-04-15 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Last Vol Day Div GrYld 153 127 AIMSAMP Cap Reit 135 unch 229 135.5 135 1 8.2 857.7 MCap 175.5 101 ARA Asset Mgmt 117.5cd +1.5 345 119 116.5 1.71,849 words
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Article332 2016-04-15 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale vol ('000) High Day Low Div C'vr 19.9 8.3 t Anchor Resources 9.7 -0.6 1763 10.2 9.5 27.1 10.1 3 t Artivision Tech 3.1cri unch 2128 3.1 3332 words
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Article157 2016-04-15 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last 107.7 69.1 CIMB APAC Div US$ US76.9 +0.7 0 76.9 76.9 8.1 1395 991 CIMBASEAN40 S$D 1156xd -26 0 1187 1156 1019 700 CIMBASEAN40 US$ US837xd -13 0 837157 words
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Advertisement600 2016-04-15 6 Keppel Telecommunications Transportation Ltd Co Reg No: *****0115G (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE FIRST QUARTER ENDED 31 MARCH 2016 The Directors of Keppel Telecommunications Transportation Ltd advise the following unaudited results of the Group for the first quarter ended 31 March 2016. FIRST QUARTER600 words
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Advertisement141 2016-04-15 7 6 1 1 7 <4 APRIL INDIAN PROPERTY INVESTMENT S HOMEBUYER SHOW/ IN ASSOCIATION WITH E3SQD Event Organised By SANDS EXPO CONVENTION CENTRE HALL EXPO D, B2 MARINA BAY SANDS SINGAPORE 110am 7pm ms DEVELOPERS FROM Mumbai, Pune, Chennai, Bengaluru, Jaipur, Dubai, Australia more all under one roof 40+ DEVELOPERS141 words
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Advertisement9 2016-04-15 8 For full listings of SGX prices, go to http://btd.sg/BTmkts9 words
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Advertisement3314 2016-04-15 10 SAKAE HOLDINGS LTD. (Incorporated in Singapore on 2 July 1996) (Company Registration Number: *****4816E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“Meeting”) of Sakae Holdings Ltd. (the “Company”) will be held at 28 Tai Seng Street, Sakae Building, Level 7, Singapore *****6, on3,314 words
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Advertisement79 2016-04-15 11 SGX== SGX StockFacts Access stock fundamentals of all SGX-listed companies to generate ideas that suit your investment appetite. Plug into sgx.com/stockfacts now. Singapore Exchange j P This advertisement has been published for general circulation only. It is not an offer solicitation to buy or sell, nor financial advice or recommendation79 words
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BANKING & FINANCE
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Article, Illustration1104 2016-04-15 12 They say the banks did not have “credible” plans for how they would wind themselves down in a crisis NYT New York THE nation’s top bank regulators have added an unexpected voice to the growing chorus of critics worried thatNYT - 1,104 words
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439 2016-04-15 12 REUTERS Singapore TOP Chinese banks, alongside Standard Chartered and ANZ, will be among 18 members to join a new yuan-denominated gold benchmark that signals China’s biggest step towards becoming a price-setter for the metal. As the world’s top producer,REUTERS - 439 words
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Advertisement724 2016-04-15 12 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 l724 words
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Advertisement389 2016-04-15 12 In the Matter of The Companies Act, Cap. 50 And In the Matter of (1) PSION TEKLOGIX ASIA PACIFIC PTE. LTD. (In Members’ Voluntary Liquidation) (Co. Reg. No. *****2307N) (2) PSION ASIA HOLDINGS PTE. LTD. (In Members’ Voluntary Liquidation) (Co. Reg. No. *****7338D) NOTICE OF FINAL GENERAL MEETINGS NOTICE IS389 words
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Advertisement345 2016-04-15 12 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF AVANSTRATE ASIA PRIVATE LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****7219M) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN, in pursuant to Section 308 of the Companies Act, Cap 50, that a Final Meeting of the345 words
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Advertisement225 2016-04-15 12 In the Matter of The Companies Act (Chapter 50) And In the Matter of ESCRIBA EVENTS PTE LTD (In Creditors’ Voluntary Liquidation) Reg. No. *****8311H NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the Company225 words
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Advertisement236 2016-04-15 12 Lianhe Zaobao Singapore Budget 2016 Business Forum POST BUDGET DIALOGUE WITH FINANCE MINISTER The inaugural Lianhe Zaobao Singapore Budget 2016 Business Forum offers you the opportunity to have a deeper grasp of Budget 2016 and its implications on the development of your business. 26 April 2016 10am to 2pm Marina236 words
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ENERGY & COMMODITIES
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Article, Illustration871 2016-04-15 13 Tan Hwee Hwee - Keppel-designed DLV 2000 instrumental to McDermott’s subsea move, albeit at slower pace given low oil prices By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore HOUSTON-based offshore contracting giant McDermott International is set to take delivery by May from Keppel Singmarine (KSM) of a high specification deep-waterPHOTO: KEPPEL - 871 words
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755 2016-04-15 13 NYT New York PEABODY Energy, the world’s largest publicly owned coal producer, with mines around the world from Australia to the United States, filed for bankruptcy protection in the United States on Wednesday. The company was weighed down by the collapse of coalNYT - 755 words
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231 2016-04-15 13 BLOOMBERG Beijing CHINA will stop approving land to be used for new steel and coal projects as the country seeks to reduce excess capacity, two days after announcing restrictions on investments in a “negative list” of oversupplied industries.BLOOMBERG - 231 words
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Advertisement9 2016-04-15 13 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices9 words
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TECHNOLOGY
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Article, Illustration827 2016-04-15 14 Amit Roy Choudhury - Customers prefer smartphones and, to a lesser extent, tablets By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore EVEN as the world gets more digitally connected with a new generation of digital natives, PC makers are facing a conundrum: customers are not buying asFILE PHOTO - 827 words
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Article, Illustration636 2016-04-15 14 Venture capitalists drawn to country’s tech-savvy population with a median age of just 30 REUTERS Hanoi VIETNAM’S tech startups are emerging as a force to be reckoned with as foreign private equity funds bet the country’s talented young brains will yield more successes likeREUTERS; PHOTO: REUTERS - 636 words
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Article, Illustration425 2016-04-15 14 REUTERS San Francisco THE number of previously unknown software flaws used by hackers more than doubled last year, a new report says, in another sign of the increasing sophistication of cybercrime and online espionage. Secret vulnerabilities in computer programsREUTERS; PHOTO: BLOOMBERG - 425 words
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Advertisement19 2016-04-15 14 U 1 000 MUSIC COUNTDOWN fSJffDJrbu'PJclKBElOOOX V UillOOO Live webcast of yy©@© Final Countdown Tonight 7:30pm zaobao.sg 0 bit.l;19 words
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Advertisement212 2016-04-15 14 Are you missing out on trades that you should have gotten in for sizeable profits? The truth is that professional traders use simple tools and technical indicators to help them identify trends in the market, allowing them to make a “killing” in the market with that knowledge. Joinustolearnthesimpleandeasy-to-useapproach that can212 words
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Advertisement83 2016-04-15 14 printpack+sign SINGAPORE'S PRINTING, PACKAGING SIGNAGE BUSINESS EXHIBITION 29 JUNE-1 JULY 2016 Level 1, Hall B, Sands Expo Convention Centre Marina Bay Sands, Singapore www.PrintPackSign.com U Come away with genuine solutions, exciting ideas and a fresh outlook on printing, packaging signage. Free* admission, register now! www.PrintPackSign.com/reg2 Organised By BIZLINK INTERESTED TO83 words
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CONSUMER
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Article, Illustration765 2016-04-15 15 They also pose a challenge to global pharmaceutical firms in a huge potential market BLOOMBERG Beijing STIFLING regulations are preventing China’s 1.4 billion people from accessing several common vaccines available in much of the rest of the world, raising public healthBLOOMBERG; BLOOMBERG FILE PHOTO - 765 words
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Article, Illustration464 2016-04-15 15 REUTERS Seoul SOUTH Korean beer drinkers are drinking to the more robust flavours of imported brands, encouraged in part by attractive discounts for mul-ti-packs so much so that local brewers are crying foul over pricing tactics and have asked for governmentREUTERS; PHOTO: REUTERS - 464 words
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Page 15 Advertisements
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Advertisement189 2016-04-15 15 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices Show Off Your Prize Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices LOST SHARE CERTIFICATES NOTICE IS HEREBY GIVEN that the undermentioned share certificates have been reported lost. mislaid or dastroyed:NSL LTD. (formerly known189 words
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REAL ESTATE
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Article, Illustration855 2016-04-15 16 Lynette Khoo - Its 8th Singapore project, Stars of Kovan, is set to begin sales in May at an average price of S$1,550-1,600 psf By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore CHEUNG Kong Property Holdings Limited, which is slated to commence sales for its eighth residential project inPHOTO: LIANHE ZAOBAO - 855 words
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288 2016-04-15 16 BLOOMBERG Hong Kong EVERGRANDE Real Estate Group Ltd, the Chinese developer that’s been on a debt-fuelled buying spree in the past year, may be too big to fail, according to research firm CreditSights. A default by Evergrande, China’s largest developer by assets,BLOOMBERG - 288 words
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Article, Illustration464 2016-04-15 16 AFP Sydney A SMALL, picturesque Australian village has been listed for sale, attracting interest from China and Singapore, with its new buyer set to own dozens of homes, a lake full of fish and 35 Highland cattle. Property agents said that they hopedAFP; PHOTO: AFP - 464 words
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Article, Illustration728 2016-04-15 17 Sales of office towers, hotels, stores and other buildings are forecast to fall as much as 30% this year BLOOMBERG New York DEALS for a piece of New York’s iconic skyline are drying up. About US$14 billion of commercial real estate changed hands inBLOOMBERG; PHOTO: BLOOMBERG - 728 words
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Page 16 Advertisements
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Advertisement35 2016-04-15 16 CONFESSIONS OF A STAR Shah Rukh Khan on why he could never become a fan India’s cable TV pioneer Ronnie Screwvala’s entrepreneurship journey GET YOUR COPY TODAY TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)35 words
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Advertisement64 2016-04-15 16 Sl&F ASIA’S LARGEST EDUCATIONAL KIDS’ FAIR 3-5 JUNE 2016 SUNTEC SINGAPORE HALL 404 It 405 BOOKYOUR SPACE NOW! Promote and sell your brand, products and services to parents with children from ages 3 to 12! CONTACT US NOW! Mr Nicholas Tan 9430 0972 tannich@sph.com.sg Mr Jason Hoon 9339 0656 jasonhyj@sph.com.sg64 words
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Advertisement27 2016-04-15 16 WE WANT YOUR VIEWS! SHARE THEM AND STAND A CHANCE TO WIN A SAMSUNG GALAXY S7 EDGE 4G+ Terms Conditions apply. SCAN HERE TO TAKE SURVEY NOW27 words
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Advertisement21 2016-04-15 16 M www.omy.sg ;i3o 5.f f vl ll* 1 3*io &»s r* Q80 places to buy records r D guitars m Tokyo21 words
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Page 17 Advertisements
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Advertisement865 2016-04-15 17 D04 HOUSE FOR SALE OCEAN DRIVE Beautiful 3 storey terrace with basement. 2677/4000sf; C/w cosy patio/jacuzzi and a pte berth. Selling with existing high end furn/ appliances. Don’t miss! Ask $5.3M. Lily 9671 3228 D10 HOUSE FOR SALE BOTANIC A** GCB BOTANIC 16k/6k sqft. Elevated. Low psf!! NYPS/ MRT. Open865 words
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TRANSPORT
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Article, Illustration1084 2016-04-15 18 Documents reveal new details about how economic pressures guide company’s handling of its airbag defect NYT New York THERE is the cold-eyed calculation of the costs of an airbag recall: US$100 each, translating to millions ofNYT; PHOTO: REUTERS - 1,084 words
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Article, Illustration851 2016-04-15 18 REUTERS Shanghai MAKERS of private jets for China’s elite are shifting their focus from luxury to convenience, as a cooling economy and long-running crackdown on corruption prompt customers to demand smaller planes and even consider second-hand deals. Utility is theREUTERS; PHOTO: REUTERS - 851 words
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678 2016-04-15 18 Prestige foreign brands enjoy a strong following among the Japanese AFP Tokyo TOKYO businessman Randal Furudera isn’t about to swap his Ger-man-made BMW M5 for a “boring” Japanese car, although he’ll give them some grudging respect for their ho-hum dependability. Deep-pocketed buyersAFP - 678 words
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SINGAPORE MARITIME WEEK 2016
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Article, Illustration710 2016-04-15 19 NARENDRA AGGARWAL - It has set up an LPG broking desk in S’pore to cater to clients in the region. POSITIONING FOR FUTURE GROWTH BY NARENDRA AGGARWAL BRAEMAR Shipping Services, one of the largest shipbroking companies in the world, started its liquefied petroleum gas (LPG)710 words
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Article, Illustration802 2016-04-15 19 HEADQUARTERED in London, Clarksons Platou set up a dedicated tanker research analysis desk in Singapore in August 2015, in view of the Republic’s growing importance as an international maritime centre. Says Giles Lane, 52, managing director of Clarksons Platou Asia Pte802 words
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Article, Illustration851 2016-04-15 19 VANTAGE, a relatively new local shipbroking company, expanded its operations significantly by setting up a dirty petroleum products (DPP) broking desk in July 2015. Explaining the reason for taking this initiative, director Randy Yong says: “One of the key criterion in order to survive851 words
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Page 19 Advertisements
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Advertisement42 2016-04-15 19 OUR MARITIME SINGAPORE EXHIBITION 16th-24THAPRIL2016 MARINA SQUARE, CENTRAL ATRIUM Driven by Maritime and Port Authority of Singapore Positioning for future growth www.smw.sg SMW 2016 APP GET SOCIAL WITH US! twitter: @MPA_Singapore #MaritimeSG#MaritimeStories facebook: www.facebook.com/mpa.sg INSTAGRAM: @maritime_sg #MaritimeSG#MaritimeStories LINKEDIN: S ingaporeMaritimeWeek YOUTUBE: MPASingapore42 words
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GOVERNMENT & ECONOMY
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Article, Illustration704 2016-04-15 20 Bank of England governor Mark Carney describes Brexit as biggest domestic financial stability risk BLOOMBERG REUTERS London THE pound fell for a second day against the US dollar as the Bank of England (BOE) held its key rate at aBLOOMBERG; REUTERS; PHOTO: REUTERS - 704 words
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427 2016-04-15 20 BLOOMBERG Oslo NORWAY’S US$860 billion sovereign wealth fund unveiled the first list of miners and power producers to be excluded from its portfolio following a ban on coal investments. The 52 companies being barred include American Electric Power Co Inc, ChinaBLOOMBERG - 427 words
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278 2016-04-15 20 REUTERS Tokyo AN earthquake of magnitude 6 hit southern Japan on Thursday, bringing down some buildings and injuring dozens of people, local media reported, but the nuclear regulator reported no problems at power plants. The quake struck 11 km east of theREUTERS - 278 words
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447 2016-04-15 22 Foreign central banks investing in domestic interbank market can freely remit funds without regulatory approval REUTERS Shanghai THE People’s Bank of China (PBOC) said that foreign central banks investing in the domestic interbank market will be able to freely remitREUTERS - 447 words
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Article, Illustration407 2016-04-15 22 BLOOMBERG Tokyo JAPAN’S government is considering how to finance the development of more infrastructure as a way of bolstering the economy, Chief Cabinet Secretary Yoshihide Suga said on Thursday. His comments came after the Nikkei newspaper reported that the prime minister’s office and ministriesBLOOMBERG; PHOTO: THE YOMIURI SHIMBUN - 407 words
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564 2016-04-15 22 BLOOMBERG Sydney AUSTRALIA’S jobless rate unexpectedly fell to its lowest level in two-and-a-half years in March, reflecting a lift in business confidence and signalling that the central bank is unlikely to ease policy in the near-term. TheBLOOMBERG - 564 words
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Page 20 Advertisements
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Advertisement251 2016-04-15 20 V f |%N. j 2016 sph2>igital www.sphdigital.com The hot-selling Property Seminar by SPH Digital is back again! Limited\ r Seats. Grab your L tickets j now! m r W Cr^r- V 4 A Enjoy a cash rebate of SGD 1,888 when you buy a property during our event*. PREMI.UMJP2 DEVELOPMENT251 words
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Page 21 Advertisements
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Page 22 Advertisements
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Advertisement48 2016-04-15 22 IT'S ADMINISTRATIVE PROFESSIONALS DAY SHOW APPRECIATION TO YOUR ADMINISTRATIVE COLLEAGUES. Whether you are a supervisor or a colleague, send your thank you note for your admin to admin@stjobs.sg, along with your company details and 20 administrative professionals will get a $30 gift each. STJOBS I O 1 V48 words
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Page 23 Advertisements
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Advertisement1150 2016-04-15 23 THE BUSINESS TIMES V’-a-'V 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) SIN PG PKL MUA KK JKT GLOVIS PRESTIGE 3 120 29/4 30/4 MALAYSIA STAR 58 50 30/4 1/51,150 words
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Advertisement374 2016-04-15 23 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 (ASIA) PTE. LTD. K o374 words
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Advertisement480 2016-04-15 23 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 JKT SIN TARAGO FF617 15/04 19/04 21/04 23/04 27/04 03/05 05/05 TIJUCA FF619 05/05 09/05 11/05 13/05 18/05 24/05 TAMERLANE FF620 14/05 18/05480 words
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Advertisement244 2016-04-15 23 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 148 BST298 16/04/2016 17/04/2016 Buatan/Buatan DAILY Marco Polo 258 TTS022 16/04/2016 17/04/2016 Tebing Tinggi/Jambi DAILY Marco244 words
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OPINION
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586 2016-04-15 24 EDITORIAL THE massive leak of offshore account documents as many as 11.5 million files from Panama-based law firm Mossack Fonseca is a signal warning to clients, bankers and any so-called tax haven that the days of discreet “don’t ask, don’t tell”586 words
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Article, Illustration834 2016-04-15 24 David Mason - THE BOTTOM LINE By David Mason T The writer, a retired auditor from a Big Four firm, is a business communications consultant in the UK. On June 23, the United Kingdom will hold a referendum to decide whether to remain834 words
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Article, Illustration1403 2016-04-15 24 FAROK J CONTRACTOR - There is an inherent contradiction, for example, in a world with separate country-by-country taxation while multinationals treat the world as one economic space. BY FAROK J CONTRACTOR space.BY FAROK J CONTRACTOR T The writer is a professor in the management and global business departmentPHOTO: REUTERS - 1,403 words
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976 2016-04-15 25 Laurence D Fink - COMMENTARY By Laurence D Fink T The writer is chairman and chief executive officer of BlackRock. This is an abridged version of his letter to shareholders, from BlackRock’s 2015 Annual Report, published on April 15,2016 INVESTORS today are facing tremendous uncertainty fuelled976 words
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647 2016-04-15 25 Matt Kovac - LETTER TO THE EDITOR Matt Kovac Executive director, Food Industry Asia FOOD Industry Asia (FIA) welcomes Health Minister Gan Kim Yong announcement in Parliament on April 13 of a war on diabetes and plans to set up of a647 words
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Article, Illustration1135 2016-04-15 25 KOH SOO HOW, RUSHAN LEE - Just how will the shopping experience here evolve with technology and tax developments? BY KOH SOO HOW AND RUSHAN LEE developments?BY KOH SOO HOW, RUSHAN LEE T The writers are respectively partner Asia Pacific indirect tax leader and senior manager in the indirectPHOTO: BLOOMBERG - 1,135 words
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CITY LIFE
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Article, Illustration880 2016-04-15 26 AVANTI NIM - Sheere Ng explains how she came up with the idea of having two strangers exchange their personal sambal recipes along with the memories associated with them. BY AVANTI NIM them.BY AVANTI NIM avantin@sph.com.sg Have you caught a whiff of something and suddenly being struck by aPHOTOS: SHEERE NG - 880 words
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CITY BUZZ BT writers' picks of what to see, do or talk about
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Article, Illustration228 2016-04-15 26 Helmi Yusof - By Helmi Yusof FILM/THEATRE National Theatre Live NATIONAL Theatre is one of the most revered stages in the United Kingdom, where some of the finest theatrical productions can be seen. These four live recordings of their hit productions William Shakespeare’s Hamlet, David Hare’s Skylight, Arthur Miller’s228 words
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Article, Illustration188 2016-04-15 26 Rachel Loi - DINING By Rachel Loi NEIGHBOURHOOD ice cream shop Creamier is now at Gillman Barracks, their second outlet after the one in Toa Payoh, The new outlet celebrates its official opening on April 26. Ahead of the launch, they are taking part in the World Gourmet Summit (WGS) 20 Best188 words
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Article, Illustration184 2016-04-15 26 Dylan Tan - MUSIC By Dylan Tan TO celebrate its fifth anniversary, the acclaimed Australian World Orchestra (AWO) will perform in Singapore for the first time this October. The 2016 ensemble includes 94 Australian musicians from the world’s leading orchestras, including the Berlin Philharmonic, the Vienna184 words
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Article, Illustration138 2016-04-15 26 Dylan Tan - FILM By Dylan Tan AFTER selling out its encore screening earlier this week, 1987: Untracing the Conspiracy will return for a third time. Directed by Jason Soo, the R21-rated documentary about Operation Spectrum where 22 people were arrested by the Internal Security Department in1987 for an138 words
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Article, Illustration140 2016-04-15 26 Helmi Yusof - CONCERT By Gala: Helmi Yusof BIZET’S Carmen is one of the most-performed operas today. The story centres on a naive soldier, Don Jose, who falls for the fiery but fickle gypsy Carmen, who ultimately leaves him for feted toreador Escamillo. Don Jose, out of jealousy and140 words
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Article, Illustration163 2016-04-15 26 Tay Suan Chiang - SHOPPING By Tay Suan Chiang FOR one day only, furniture retailer BoConcept will be selling more than just its usual sofas and dining table sets. It will be transforming its Paragon showroom into a Scandinavian marketplace. The theme may be Scandinavian, but don’t expect the meatballs. Instead,163 words
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Page 26 Advertisements
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Advertisement17 2016-04-15 26 To read the Sambal Exchange stories, or to submit your own memories, visit www.sambal.sg or email sheere@inplainwords.sg17 words
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ARTS/PURSUITS
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Article, Illustration1000 2016-04-15 27 DYLAN TAN - The popular Singapore Theatre Festival returns this year with eight plays, led by the highly-acclaimed Hotel. BY DYLAN TAN BY DYLAN TAN dylantan@sph.com.sg @DylanTanSYBT SINGAPORE stage gets a boost this July with the return of the Singapore Theatre Festival featuring eight plays by local playwrights1,000 words
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Article, Illustration625 2016-04-15 27 Christopher Lim - By Christopher Lim limchris@sph.com.sg @ChrisLimBT IS legendary winemaking about making the best wine, or knowing how to sell the best wine? Italian winemaker Angelo Gaja says that the true wine artisan needs to be able to do both. And few things bring a bigger625 words
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Article, Illustration318 2016-04-15 27 Avanti Nim - By Avanti Nim avantin@sph.com.sg IF you had only one night to find out the latest fashion trends, where would you go? For those in the know, the invite-only Icon Ball is the best place to get the lowdown on what’s in andFILE PHOTO - 318 words
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Page 27 Advertisements
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Advertisement15 2016-04-15 27 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements15 words
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Page 27 Miscellaneous
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Miscellaneous318 2016-04-15 27 CRYPTIC CROSSWORD Across 1 Material for building split windscreen? (11) 9 Keep an eye on extra responsibility of a bishop (7) 10 One amongst celebrities in flight (6) 12 Hurried back to evaluate recount (7) 13 Mostly flog salmon, perhaps being greedy (7) 14 Quits after delayed start to rugby318 words
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ARTS
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Article, Illustration1100 2016-04-15 28 DAVEN WU - Though celebrated photographer Annie Leibovitz’s latest collection captures a range of women, their gender is an afterthought. BY DAVEN WU IN her introduction to the great American photographer Annie Leibovitz’s latest exhibition WOMEN: New Portraits, feminist activist and writer Gloria Steinem laments the fact thatPHOTOS: DAVEN WU - 1,100 words
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Article, Illustration529 2016-04-15 28 Cheah Ui-Hoon - By Cheah Ui-Hoon uihoon@sph.com.sg OUT of his first handful of plays, The Vortex is what set British playwright Noel Coward’s career on track, bringing him critical acclaim, even as it scandalised London for the way it portrayed the proclivities (read: sex and529 words
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Article, Illustration912 2016-04-15 28 Cheah Ui-Hoon - By Cheah Ui-Hoon uihoon@sph.com.sg TWO plays from India one based on a real-life story will grace the stage in Singapore in the next few weeks. One is a love story about two poets (in Hindi) and the other, a contemporary play about a Mumbai family (in912 words
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CINEMA
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Article, Illustration847 2016-04-15 29 TAY SUAN CHIANG - Tickets for the inaugural Foodcine.ma are selling like hot cakes. BY TAY SUAN CHIANG taysc@sph.com.sg @TaySuanChiangBT Singaporeans love food. Not only do we love to eat, we enjoy watching anything about it, from food shows to in-depth documentaries. This explains the strong847 words
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Article, Illustration353 2016-04-15 29 Dylan Tan - By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT THE Huntsman: Winter’s War might be based on the Brothers Grimm’s and Hans Christian Andersen’s fairy tales Snow White and The Snow Queen respectively but the film’s star Charlize Theron insists that underneath is “a strong story for women”353 words
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Article, Illustration500 2016-04-15 29 Geoffrey Eu - By Geoffrey Eu WITH an A-list cast, a big-time budget and a storyline based on characters from Hans Christian Andersen and the Brothers Grimm, you might expect the follow-up to 2012’s Snow White and the Huntsman to be a fun-filled romp through500 words
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Article, Illustration506 2016-04-15 29 Geoffrey Eu - By Geoffrey Eu HARDCORE Henry is the cinematic equivalent of a flying roller coaster ride. This stomach-churning, head-ache-inducing and downright nauseating movie shot entirely on first-person-perspective GoPro cameras strapped to the heads of stuntmen is both extreme and extremely hard to stomach. Literally. Between506 words
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BT Lifestyle
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Article, Illustration77 2016-04-15 30 The annual Record Store Day is back on Saturday. Like in previous years, the mission is to encourage music-lovers to support brick-and-mortar retail stores instead of buying online. For the musically adventurous, here are three stores with unusual offerings in the unlikeliest of locations Local musicPHOTO: DYLAN TAN - 77 words
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Article, Illustration449 2016-04-15 30 Avanti Nim - By Avanti Nim avantin@sph.com.sg STEP into Past Image and you’re greeted by a wave of nostalgia. From old movie posters to local historical documents and rare vinyl records, this vintage collectibles store has it all. Owner Willy Ong opened his store in 1991 but449 words
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Article, Illustration450 2016-04-15 30 Dylan Tan - By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT SURFACE Noise is a wonderland for music buffs. Not only does it stick out like a sore thumb among the older businesses in the blast-from-the-past Textile Centre, but it also stocks the most improba-ble-sounding genres that might leave even the mostPHOTO: DYLAN TAN - 450 words
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Article, Illustration526 2016-04-15 30 Dylan Tan - By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT WHEN Mohamad Khalid Bin Sulaiman finishes work, he doesn’t go home. Instead, he heads to Golden Mile Tower every evening and remains there late into the night to run his underground extreme metal music shop Ravage Records. (Richard Clayderman and526 words
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Page 30 Advertisements
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Advertisement23 2016-04-15 30 CINEMA Film fest gives audiences plenty to chew on?/ 29 CITY LIFE BT writers’ picks of what to see, do or talk about/2623 words
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