The Business Times, 18 April 2016

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Total Pages: 24
1 24 The Business Times
  • 22 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 Monday, April 18, 2016
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  • 25 1 Weekly Change STI 2,923.94 +115.62 KL Comp 1,727.99 +9.59 Nikkei 225 16,848.03 +1,026.51 Hang Seng 21,316.47 +946.07 Shenzhen B 1,152.55 +18.14 Dow 17,897.46 +320.50
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  • Article, Illustration
    243 1 Developing countries that have yet to build their road infrastructure have the opportunity to avoid the mistakes of more advanced countries by moving directly to a car-lite, road-lite transport system. TOP STORIES 3 Voluntary guidelines on how companies should disclose financial information on their exposure to climate-related risks
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  • 1121 1  -  Despite China’s clampdown, Tier-1 and 2 cities still major contributor to sales and profits By lynkhoo@sph.com.sg Lynette Khoo lynkhoo@sph.com.sg @LynettekhooBT Singapore WHILE skyrocketing property prices in top Chinese cities have prompted China to rein in the rage, Singapore developers with substantial exposure
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  • 1203 1  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore BANKS in Singapore are increasingly being targeted by cybercriminals, experts said, given the growing sophistication of the dark web that has developed into a bustling marketplace for malware, complete with money-back guarantees. While other financial centres and certainly
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  • Page 1 Advertisements
    • 62 1 *****1 *****1 EARTH DAY Taking stock of the most pressing environmental issues VIEWS FROM THE TOP 14-15 1 1! m PATEK 10 (PHILIPPE GENEVE *=7 9 D n. (P) 7 V MADE PATEK PHILIPPE GENEVE Begin your own tradition. m m m EMPEROR WATCH AND JEWELLERY THE SHOPPING GALLERY AT
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    • 26 1 SHASHLIK VERSION 2.0 New chapter in an old story DINING OUT/23 RACE TO THE WHITE HOUSE Making sense of the US electoral system TOP STORIES 2
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  • TOP STORIES
    • 731 2 Saudi Arabia wants all Opec members to take part in output freeze but Iran seeks to regain market share after the lifting of western sanctions REUTERS AFP Doha SAUDI Arabia demanded on Sunday that Iran join a global deal on freezing oil output, jeopardising an
      REUTERS; AFP; PHOTO: AFP  -  731 words
    • 1034 3  -  They can skip a whole era of car-driven environment degradation committed by more advanced peers By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore AT A time when cities are going car-lite for environmental reasons, it may be a blessing in disguise for developing countries that
      Source: Unesco  -  1,034 words
    • 1030 4  -  Assets can be better priced with better information from companies on risks they face By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore VOLUNTARY guidelines are expected by the end of the year on how companies should disclose financial information on their exposure to climaterelated risks,
      PHOTO: YEN MENG JIIN  -  1,030 words
    • 399 4  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore SINGAPORE will update its workplace safety and health strategy as workers age, and as other workplace stresses may come about from adopting new technology, Manpower Minister Lim Swee Say said on Sunday. This comes as Singapore’s
      ST FILE PHOTO  -  399 words
    • 331 4  -  General elections, hijack of SQ117, new vision for S’pore mark new decade. BY KENNETH LIM, KELLY TAY INGAPORE’S arrival as a developed economy in the 1990s marked a sea change in the issues that dominated society, or at least in the way that those
      BT Graphics: Dania Amiril  -  331 words
  • Page 2 Advertisements
    • 586 2 BT Explains The race to the White House America will elect a new president this year, an event that is followed with great interest across the world. It’s a long process, and one that is filled with speculation about impending policy changes as the race gets closer and tighter. The
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  • Page 3 Advertisements
    • 9 3 DB Platinum Crod Branchen Stars R1C-A 11/04/2016 217,29 EUR
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    • 128 3 North America will export more oil than it imports by 2020. The global energy landscape is changing dramatically. For example, North American oil and natural gas production is sending the region’s demand for imports plummeting to historic lows. This creates opportunities as well as risks. CME Group gives producers and
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  • Page 4 Advertisements
    • 251 4 SyraMcl I V Vi V v i y AN ASME-LIANHE ZAOBAO AWARD §rM£tn R nM Singapore Prestige Brand Award 16 u'/c/)r(f///u/ /S 9/ea/n SPESA MARK OF RESILIENCE fceias An Exclusive Symposium For Singapore Brands Learn how to raise your branding game with progressive strategies and new insights From branding experts.
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    • 57 4 Sustainability reporting: Going beyond compliance, Page 6 The Business Times has been there to report and analyse the most significant news since 1976. Every week, this feature will showcase excerpts from the biggest stories for each year that the paper has been in operation. The full text of all the
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  • COMPANIES & MARKETS
    • 1677 5 Buyback activity falls with six firms posting 11 repurchases worth S$5.4m compared to previous week’s 13 firms, 32 trades and S$7.7m.BY ROBERT HALILI INSIDE MARKETS T The writer is managing director, Asia Insider Limited BUYING was flat while the selling among directors surged
      BT Graphics  -  1,677 words
    • 781 5 NYT New York CITIGROUP became the nation’s first megabank some two decades ago by expanding into new businesses while pushing to knock down barriers that limited its size. A much different Citigroup was evident last week as it reported its quarterly
      NYT; PHOTO: NYT  -  781 words
    • 929 6  -  By fully embedding sustainability practices in their business, companies stand to reap distinct benefits. BY LEE CHUAN GUAN, JOHN BY LEE CHUAN GUAN, JOHN T The writer is a member of the Professional Development Committee of the Singapore Institute of Directors. IT will become mandatory
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    • 64 8 STI Catalist WEEKLY Straits Times Index April 15,2016 2,923.94 +115.62 (+4.12%) Current streak 5 days Week high 2,923.94 Week low 2,809.24 52-week high 3,525.19 (Apr 17, 2015) 52-week low 2,539.95 (Feb 12, 2016) FTSE ST Catalist index April 15,2016 452.91 +1.14 (+0.25%) Current streak 1 day Week high 457.74 Week
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    • 73 8 BY CENTS CLOSE UP 52w high/low Lyxor ThaiSET US$ ***** 793.4 5.5 *****/9646 DBXT MSJAP US$ 4784 565.2 9.5 5277/4031 SPDR S&P500 US$ ***** 410.3 1.5 *****/***** Jardine C&C 4280 302.0 7.6 4280/2636 SPDR DJIA US$ ***** 255.4 1.1 *****/***** BY PERCENTAGE CLOSE UP 52w high/low Infinio 0.3 200.0
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    • 74 8 BY CENTS CLOSE DOWN 52w high/low Lyxor Indonesia US$ 7969 -149.4 -1.4 8804/6250 DBXT S&P Short US$ 2068 -77.4 -2.7 2393/2068 GLD US$ ***** -55.7 -0.3 *****/***** CIMBASEAN40 S$D 1156 -26.0 -2.2 1395/991 Courage Marine 85 -20.5 -19.4 130/10 BY PERCENTAGE CLOSE DOWN 52w high/low STI 2800MBePW*****9 1.4 -63.2
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    • 72 8 VOL CLOSE($) CHANGE AEI 0.1 0.670 -0.010 -1.47 Hiap Tong 0.067 Union Steel 10.4 0.420 -0.010 -2.33 Fuji Offset 0.260 Pan Ocean 4.690 China Great Land 20.0 0.012 -0.001 -7.69 EuroSports Gbl 2.0 0.180 TPV Tech 16.0 0.174 +0.017 +10.83 UOA 12.0 0.480 -0.010 -2.04 TSH 406.1 0.118
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    • 647 8  - Market to ‘consolidate’ until Brexit worries start STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THE fact that volume can more than double from a year-low S$664 million last Tuesday to S$1.4 billion just 24 hours later, and then drop back to a below-par S$840 million on Thursday suggests that: (a) there
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    • 325 8 stnck name close Change wk high/low 52w high 52w low PE Div yietd Mrap Ascendas Reit 252 +14 253/238 271 209 5.3 6623.7 Capitacom Trust 143 -0.5 144/141 176.5 122.5 6 4226.1 capitaLand 313 cd +15 317/298 379 267 125 29 *****.4 cap_iraM;uI Trust 217_ +_4_ _21ia/303 22_s
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    • 35 8 VOLUME Ezra 450,057,900 Annica 193,056,800 Magnus Energy 185,788,500 Healthway Med 168,795,300 Noble 161,964,900 Market volume 7,096,800,000 VALUE DBS Grp 413,266,592 Singtel 385,174,253 OCBC Bank 304,643,616 UOB 269,681,144 Keppel Corp 210,258,833 Market value 5,030,751,000
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    • 77 8 Apr 15 VALUE CLOSE BT OB/OS 158.00 +83.00 BT CADI -*****.00 +14.00 BT 10-day MA -*****.00 +15.00 FTSE ST Mid Cap 696.10 +2.55 FTSE ST Small Cap 400.71 -0.10 FTSE ST All Share 712.52 +1.86 FTSE ST China Top 168.69 +0.68 FTSE ST China 200.30 -0.60 FTSE
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    • 110 8 Most Active Fund Last sale +/-(‘000) Wk high/low 52w high/low Buy/Sell Mcap STI ETF 293 +12 2421 293/280 355/254 293/294 DBXT MSBrazil US$ US315 +39 479 316/290 399/190 315/316 IS MS INDIA US$ US679 +31 211 679/646 800/575 678/679 84.9 DBXT MSPHILS US$ US201.8 +4.1 161 203.5/200.8 227.4/158.5
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    • 122 8 COMPANY MEETING PLACE DATE TIME Axcelasia Inc A Conference Room 2 TKP Conference Centre #03-01 Raffles Place 55 Market St 18-Apr 10.30am BH Global A Boardroom 8 Penjuru Lane 18-Apr 10.00am E 18-Apr 11.00am CapitaLand A The Star Theatre (Lvl 5) The Star Performing Arts Centre 1 Vista
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    • 37 8 STI FTSE ST All -Share WEEKLY FTSE ST All-Share index April 15,2016 712.52 +23.35 (3.39%) Current streak 5 days Week high 712.52 Week low 689.44 52-week high 845.85 (Apr 17, 2015) 52-week low 629.34 (Feb 12, 2016)
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    • 34 8 STI MSCI EAFE WEEKLY MSCI EAFE index April 15,2016 1,682.11 +56.75 (+3.49%) Current streak 1 day Week high 1,682.93 Week low 1,632.04 52-week high 1,949.49 (May 15, 2015) 52-week low 1,492.43 (Feb 12, 2016)
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 12 5 0 0 1 0 12 6 0 Manufacturing 59 51 34 20 13 9 79 64 43 Commerce 40 19 9 8 10 3 48 29 12 Tpt/Stor/Comms 25 12 1
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    • 123 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 106,050 22,382 128,432 379,996 5,305 385,301 Manufacturing 619,589 376,639 996,228 480,593 8,151 488,744 Commerce 352,975 159,095 512,070 403,466 6,673 410,139 Tpt/Stor/Comms 896,624 5,700 902,324 833,667 484 834,151 Finance 99,157 417 99,574 1,053,504 51 1,053,555 Construction
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    • 696 8 COM MO DITIES BLOOMBERG REUTERS London COPPER narrowed its biggest weekly gain since early March last week as Chinese data raised questions about the sustainability of the debt-fuelled expansion in the world’s largest metals user. The country’s 6.7 per
      BLOOMBERG; REUTERS; PHOTO: REUTERS  -  696 words
    • 191 9 China’s Internet giants providing haven for bond investors fleeing mounting credit risks among SOEs BLOOMBERG Hong Kong JD.COM Inc, China’s second-biggest online retailer, is planning to offer about US$ 1.5 billion of bonds, people familiar with the matter say. The people asked not to
      BLOOMBERG  -  191 words
    • 242 9 Apr 15 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 ANZ Singapore Bank of Communications 5.50 Bangkok Bank Public Co. Ltd ...6.00 Bank of China Limited Bank of Tokyo-Mitsubishi Bank of Communications Banque Internationale a Bank of East Asia
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    • 188 9 BLOOMBERG London COMPANIES are facing increasing investor unease over executive pay as discontent grows about disproportionate compensation. Anglo American Plc and Shire Plc are among those that may face shareholder pushback in coming weeks when they seek to approve remuneration packages
      BLOOMBERG  -  188 words
    • 1654 9 Payment Ex Rec Pay Ann (cts) date date date date 8Telecom Intl Hldgs by 448.600 22-Mar 24-Mar 15-Jul 17-Mar ABR Hldgs Ltd ak 1.500 06-May 10-May 27-May 12-Apr Adv Integrated Mfg Corp ak 1.150 17-May 19-May 27-May 07-Mar AEM Hldgs Ltd ak 1.000 12-May 16-May 27-May 24-Feb AIMS
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    • 1280 9 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (times) Accordia Golf Trt 1.00 1.00 1 0.08 7.30 0.87 0.61 AIMS AMP Cap Industrial Reit 1.33 1.33 1 0.11 12.36 1.45 1.36 ARA Asset Mgt 1.50 1.50 1 0.08
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    • 421 10 CURRENCIES REUTERS New York THE US dollar fell broadly on Friday as a slide in oil prices ahead of weekend talks among producers in Doha and a soft US consumer sentiment report capped risk appetite and spurred investors to buy safe-haven
      REUTERS  -  421 words
    • FOREX RATES
    • EQUITY BONDS WARRANTS FUTURES
      • 384 10 Apr 15 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Apr16 9722.50 9775.00 9687.50 9730.00 *****4 *****4 May16 9702.50 9752.50 9660.00 9705.00 5063 ***** NIKKEI 225 INDEX FUTURES Jun16 *****.00 *****.00 *****.00 *****.00 ***** *****5 Sep16 *****.00 *****.00 *****.00 *****.00 15 716 MSCI TAIWAN
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      • 211 10 Most active Apr 15 Prem Expiry Wk Vol Conv Exer Disc Gear- Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****1 13.1 3.5 ***** 0.1 1480 3 SHS Holdings W*****6 7.2 -0.8 ***** 1 20 -3 3.89 44 Rowsley Ltd W*****3 0.8 -0.1
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      • 377 10 In local curr In S$ In US$ dy yr dy yr dy yr Apr 15 Index Change Change Change Change Change Change World Preliminary 1262.6 -0.1 -1.2 -0.5 -3.8 -0.1 0.5 EAFE Preliminary 956.3 -0.3 -5.6 -0.5 -6.2 0.0 -2.0 Europe Preliminary 1358.8 -0.3 -3.8
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    • BANK RATES
      • 154 10 Apr 15 $S Offer Bid 0vernight 0.15 0.10 1-month 0.6875 0.5625 2-months 0.9375 0.8125 3-months 1.0000 0.8750 Overnight mode: 0.10 US$ 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 12
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      • 65 10 Apr 15 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 98.99 99.00 98.92 5-Year NX*****X 2.250 01-Jun-21 102.99 103.05 103.05 10-Year NX*****Z 2.375 01-Jun-25 103.24 103.35 102.90 15-Year NZ*****F 2.875 01-Sep-30 106.46 20-Year NZ*****V 3.375 01-Sep-33 113.58 30-Year NA*****H
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    • AGRI METALS ENERGY
      • 250 10 Apr-15 Price Net change change Last Trade Agricultural Apr-15 CBOT Soybeans (US cents/bu) 956.00 8.00 0.84% 13/05/2016 CBOT Soybean Oil (US cents/lb) 33.38 -0.31 -0.92% 13/05/2016 CBOT Wheat (US cents/bu) 459.75 unch 0.00% 13/05/2016 Apr-15 LIFFE Cocoa (£/tonne) 2184.00 -13.00 -0.59% 13/05/2016 LIFFE Coffee (US$/tonne) 1525.00 2.00 0.13%
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    • 2214 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E $mil Company Last Sale vol ('000) High 153 127 AIMSAMP Cap Reit 136 -0.5 834 136 134 1 8.1 864.1 Low 175.5 101 ARA Asset Mgmt 117.5cd +3 2357 119 114
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    • 380 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale Vol 4 1.7 t Acesian Partners 3 unch 300 3 3 4.1 10.5 High Week Low Div C'vr 19.9 8.3 t Anchor Resources 9.6 -1.7 ***** 11.7 9.4
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    • 189 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last 107.7 69.1 CIMB APAC Div US$ 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 0 837
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    • 147 5 AccountServe A Stone Forest Company Globally Connected '"rsm Stressed Over Annual with ACRA and IRAS Get quick and reliable help today! One stop convenience with customised solutions Team of professionals with over 25 years of experience www.AccountServe.com.sg lnfo(a)AccountServe.com.sg I T +65 6222 6868 r77tc/)to/icc/ l o/ 6£s t emumi <S
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  • Page 6 Advertisements
    • 1285 6 ACROMEC ACROMEC LIMITED (Incorporated in the Republic of Singapore on 22 December 2015) (Company Registration Number: *****4003M) Invitation in respect of 27,000,000 New Shares comprising: (a) 1,500,000 Offer Shares at S$0.22 for each Offer Share by way of public offer; and (b) 25,500,000 Placement Shares at S$0.22 for each Placement
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    • 191 6 This book guides us through the REITs investments in a step-by-step and comprehensive manner. Coupled with actual case studies of REITs in Singapore, you will learn the methods to grow your wealth with the higher dividend/investment returns from REITs. Investing in REITs is equivalent to investing in properties, but with
      191 words
    • 7 6 T For more articles, go to btd.sg/BMatters
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  • TOPLINE
    • 1831 7  -  Creative client solutions more important now as business owners look to maximise their money’s worth, says Hogan Lovells partner. BY CLAIRE HUANG huangjy@sph.com.sg @ClaireHuangBT CURRENCY woes may have been singled out earlier this year as the key culprit behind international law firm Hogan Lovells’ modest growth
      PHOTO: YEN MENG JIIN  -  1,831 words
  • Page 7 Advertisements


  • Page 9 Advertisements
    • 127 9 State of the art m 6,000.40 6,001.40 33.141 33.106 if 1 •si: Upgrade to Next Generation our cutting-edge trading platform Fully customisable to suit your trading style, our platform has fast execution and reliability at its core. Couple that with powerful trading tools, advanced charting including over 80 technical indicators
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  • Page 11 Advertisements
    • 71 11 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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  • REAL ESTATE
    • 1514 12 The reality is that unlike before, buyers and sellers have unlimited access to property listings and other info WP Washington MANDIE Sellars, a homeowner in the Raleigh-Durham area of North Carolina, had the misfortune of buying a home and then almost immediately getting a
      WP  -  1,514 words
    • 1790 12 NYT New York SAN Francisco does not have enough places to live. Sonja Trauss, a local activist, thinks the city should tackle this problem by building more housing. This may not sound like a controversial idea. But this is San Francisco. Ms
      NYT; PHOTO: NYT  -  1,790 words

  • BT-CITIBANK YOUNG INVESTORS’ FORUM
    • 1364 13  -  Startups undergo different rounds of financing at different stages of their investment journey. BYCHUAZONGYOU BY CHUA ZONG YOU T The writer is a student with Singapore Management University’s Lee Kong Chian School of Business and a student trainer in the Citi-SMU Financial Literacy Programme for Young
      PHOTO: FREEIMAGES  -  1,364 words
    • 990 13  -  Applying an accounting concept to personal finance can give you a better grip on your spending MONDAY MULTIPLE By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT I WAS at the optician last month, choosing a new pair of glasses to replace the current pair, because my lens coating was
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  • Page 13 Advertisements
    • 105 13 GET STARTED NOW Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
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  • VIEWS FROM THE TOP
    • 3868 14 THIS WEEK’S TOPIC: April 22 is Earth Day. What in your view is the most pressing environmental issue of the day? John Bittleston Founder Chair Terrific Mentors international Pte Ltd THE environment in question is probably intended to be the physical one and there are various
      FILE PHOTO  -  3,868 words

  • Page 15 Advertisements
    • 483 15 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices IN THE MAHER OF THE COMPANIES ACT, CAP. 50 AND IN THE MAHER OF CHITRAPREMPTE. LIMITED (The "Company") (Company Registration No. *****4707D) NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies Act, Cap.
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    • 384 15 The full list of views from CEOs is available at http://businesstimes.com.sg LOST SHARE CERTIFICATES Notice is hereby given that the following share certificates have been reported lost, destroyed or mislaid: UNITED OVERSEAS BANK LIMITED Company Registration No. *****0026Z (Incorporated in the Republic of Singapore) Name Certificate No. Lee Mui Sung
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  • BANKING & FINANCE
    • 1045 16 Money management giant rarely votes against CEO pay packages of companies that play the short-term game NYT New York FOR several years, Laurence Fink, chairman and chief executive of BlackRock, the money management giant, has been on a
      NYT; PHOTO: NYT  -  1,045 words
  • Page 16 Advertisements
    • 544 16 ADVERTORIAL Finisar Celebrates 15 Years of Successful Growth in Singapore On April 8th, 2016, Finisar Corporation, the world’s largest supplier of optical components and subsystems, will celebrate a significant anniversary milestone of its Singapore Design Center. Established in 2001 with a single employee focused on managing contract manufacturing efforts in
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  • ENERGY & COMMODITIES
    • 824 17 Even after years of cutbacks, plant closings, Europe still makes more steel than it needs BLOOMBERG London THE fate of some huge blast furnaces in the Belgian city of Liege a few years ago may offer clues to where the rest of
      BLOOMBERG; PHOTO: REUTERS  -  824 words
  • Page 17 Advertisements

  • TECHNOLOGY
    • 1280 18 Build-up of weapons threatens to unsettle balance of destructive force among nations NYT Washington THE United States, Russia and China are aggressively pursuing a new generation of smaller, less destructive nuclear weapons. The build-ups threaten to revive a Cold War-era arms race
      NYT; PHOTO: AFP  -  1,280 words
    • 278 18 REUTERS New York A JURY in Wisconsin has awarded medical software company Epic Systems US$940 million in damages in a trade secrets lawsuit against Indian information technology provider Tata Consultancies, believed to be one of the largest trade secrets
      REUTERS  -  278 words
  • Page 18 Advertisements
    • 64 18 Simply the best time to buy cars With all the great offers from all your favourite brands, you don’t need any more excuses. AUDI•BMW•CHEVROLET•CHRYSLER•CITROEN•FORD•HONDA•HYUNDAI•INFINITI•JAGUAR•JEEP•KIA•LAND ROVER•MAZDA•MITSUBISHI•NISSAN•OPEL•PEUGEOT•RENAULT•SUBARU•SUZUKI•TOYOTA•VOLKSWAGEN•VOLVO Singapore Expo Hall 4 5, 10am to 8pm•23 24 April 2016 (Saturday Sunday) Admission is free Find New Cars, Pre-owned cars and Accessories at Singapore’s
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  • CONSUMER
    • 734 19 Partnership with luxury merchant Moda Operandi creates shopping experience that ends at the latter’s emporiums BLOOMBERG Seattle AMAZON.COM Inc built a US$100 billion business giving online shoppers convenient access to low-cost books, HDMI cables and paper towels. Now it wants to help
      BLOOMBERG; PHOTO: BLOOMBERG  -  734 words
    • 621 19 AFP Johannesburg SOUTH Africa plans a new “fat tax” on sugary drinks to combat an obesity epidemic but sweet-toothed consumers say its chances are slim of making them cut down. Ranked as one of the most obese nations on the
      AFP  -  621 words
    • 633 19 AFP Paris A BEARDED imam may have seemed out of place at last week’s In-Cosmet-ics expo in Paris, an annual showcase for the world’s leading beauty and personal care products. But Shaikh Ali Achcar’s presence points to a
      AFP  -  633 words
  • Page 19 Advertisements
    • 991 19 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices Lantrovision (S) Ltd (Company Registration Number *****3374R) (incorporated in the Republic of Singapore on 27 June 1992) NOTICE FOR COURT MEETING ■on IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Originating Summons No. 224 of 2016 In the Matter of
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  • GOVERNMENT & ECONOMY
    • 641 20  -  This could open door to intervention by Japanese authorities should the yen resume its upward trend: analysts By Anthony Rowley btworld@sph.com.sg Tokyo JAPAN came away from a series of top-level financial meetings in Washington at the weekend with the backing of other
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    • 634 20 BLOOMBERG Washington MALAYSIA will meet its economic expansion target this year even as risks to global growth mount and greater volatility may persist in capital flows, says Bank Negara Malaysia (BNM) governor Zeti Akhtar Aziz. Price pressures are “quite contained” due
      BLOOMBERG  -  634 words
    • 807 20  -  WALL STREET INSIGHT By Rob Curran btworld@sph.com.sg US stocks rose last week and finished on the brink of new record highs, as investors saw only the silver lining in dark and cloudy bank reports. This week, the earnings season gets
      807 words
    • 602 20 AFP Shanghai NICO Rosberg stormed to victory in a chaotic Chinese Grand Prix on Sunday, methodically completing a hat-trick of wins to extend his perfect start to the 2016 Formula One season. The German’s Mercedes was jumped at the start by Daniel Ricciardo
      AFP  -  602 words
    • 620 20 AFP REUTERS Tokyo TOYOTA Motor Corp said on Sunday it would suspend production at plants across Japan after two earthquakes in the country’s south disrupted the carmaker’s supply chain, while other manufacturers extended stoppages due to damaged factories. Toyota said that it would suspend
      AFP; REUTERS; PHOTOS: AFP, REUTERS  -  620 words

  • TRANSPORT
    • 708 21 Overture forms part of broader European effort to revive economic ties between Iran and 28-member bloc NYT Brussels ALMOST six years ago, the European Union (EU) sharply curtailed access to its airspace for Iran’s ageing airline fleet. But officials in Brussels
      NYT; ST FILE PHOTO  -  708 words
    • 1107 21 NYT New York EVEN though commercial aviation and ocean shipping are significant sources of greenhouse gas emissions, they were excluded from the Paris climate treaty, to be signed by more than 100 countries this week at the United Nations
      NYT; PHOTO: BLOOMBERG  -  1,107 words
  • Page 21 Advertisements
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    • 190 21 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. Dialogue with Minister for Finance Mr Heng
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