The Business Times, 25 April 2016

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL33830
Total Pages: 26
1 26 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    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 25, 2016
    22 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    252 1 Mitsubishi Motors Corp is unlikely to issue an earnings forecast for the current financial year when it announces annual results this week, due to uncertainty about the financial impact of its misleading fuel economy data. COMPANIES MARKETS 6 SL Capital (1) has sold 122 units of the 305-unit
    252 words
  • Article
    Lock icon MARKETS
    25 1 Weekly Change STI 2,940.43 +16.49 KL COMP 1,717.96 -10.03 NIKKEI 225 17,572.49 +724.46 HANG SENG 21,467.04 +150.57 SHENZHEN B 1,128.89 -23.66 DOW 18,003.75 +106.29
    25 words
  • Article, Illustration
    Lock icon Man behind recent investment woes
    1434 1  -  Some 8,700 people are estimated to have invested up to S$160m in three of five firms that have received investor complaints By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore THOUSANDS of diamond and wine investors in Singapore and Malaysia who have been left high and dry by
    Compiled by BT from Acra and Handshakes BT Graphics  -  1,434 words
  • Article
    Lock icon Can’t be ‘business as usual’, say retail industry stakeholders
    1393 1  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT @Nisha_BT Singapore THE local retail industry needs to up the ante to get customers to bite in an increasingly challenging environment where it cannot be business as usual, say industry stakeholders. The industry is under siege
    1,393 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      34 1 *****1 *****1 THE BUSINESS TIMES OYSTER PERPETUAL SUBMARINER DATE ROLEX cortinawatch CHINATOWN POINT, #01-08/09. TEL: 6702 0061 PARAGON, #01-13. TEL: 6235 0084 RAFFLES CITY, #OI-36A. TEL: 6339 9185 WATCH FEATURED SUBJECT TO STOCK AVAILABILITY
      34 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      13 1 CHIKUYOTEI AT UE SQUARE Japanese fare spiced up by friendly chefs DINING OUT/25
      13 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      27 1 CARS AND THE CITY is a car-lite Singapore a realistic prospect? VIEWS FROM THE TOP 14-15 ONE CHAMPIONSHIP MMA juggernaut making its mark in Asia TOPLINE 7
      27 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Murali promises new infrastructure plans for constituency if elected
      649 2  -  These include covered linkways, a jogging track, and a multi-generational park BUKIT BATOK BY-ELECTION By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore MURALI Pillai has many plans to improve Bukit Batok but the People’s Action Party’s (PAP) candidate in next month’s by-election stressed
      PHOTO: DESMOND FOO / THE STRAITS TIMES  -  649 words
    • Article, Illustration
      Lock icon Governments can’t use public-private sector projects to offload all the risks, say industry players
      877 2  -  INFRASTRUCTURE FUNDING By leemx@sph.com.sg Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore PUBLIC-private sector partnerships (PPP) are a constant tussle of risk-split-ting between governments and pri-vate-sector investors and lenders. But governments have to be realistic, said industry players at
      Source: IMF – Investment and Capital Stock Dataset, Maybank Kim Eng  -  877 words
    • Article
      Lock icon Few public-private sector projects in S’pore: Maybank Kim Eng report
      714 2  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore SINGAPORE is no stranger to pub-lic-private sector partnerships (PPP). For example, the latest alteration to the Kallang skyline, the Singapore Sports Hub, is a 25-year PPP project between the Sports Hub consortium and the
      714 words
    • Article
      Lock icon Think like a city instead of a state to innovate, consultant urges S’pore
      577 4  -  Republic to be a case study in UK-based CPI report on effectiveness of public policies By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore SINGAPORE should think more like a city than a state when exploring how public policies can
      577 words
    • Article, Illustration
      Lock icon Key to convenient home-sharing
      1029 4  -  By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore IF you’ve ever tried to let out a room Airbnb-style, you would have likely run up against the issue of key access. Should your house guests be arriving at 3am, for example, you’re either stuck with waiting up to let
      PHOTO: YEN MENG JIIN  -  1,029 words
    • Article, Illustration
      Lock icon 1992: Lots to chew on with Creative, free trade
      331 4  -  First S’pore company on Nasdaq makes waves, while gum gets banned BY KELLY TAY EVELOPING homegrown entrepreneurs was a major policy focus in the 1990s, and nobody embodied the ideals of the self-made new economy success story better than Creative Technology's
      BT Graphics: Andrea Lee  -  331 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      1825 3 M ERENNIAL PERENNIAL REAL ESTATE HOLDINGS LIMITED (Moa 5l lKomoranioinn miHoTKirHo DziMroio on oio U m <tc*a. w. m r 3 T V A ■V I I assist nrai IK III ©s SflKl -e B FIXED RETURNS 4-YEAR BONDS 4.55% p.a. in' 1 =a L lit" rtf"' rr»"' 3 :===gn"
      1,825 words
Page thumbnail Page 4
Page thumbnail Page 5
  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Risk governance for IT outsourcing
      970 5  -  The board should work closely with management to prioritise and manage the company’s high-risk IT vulnerabilities. BOARDROOM MATTERS BY MARCUS CHOW T The writer is a member of the Advocacy and Research Committee of the Singapore Institute of Directors. IN TODAY’S digital age, information technology
      970 words
    • Article
      Lock icon Buying and selling by directors flat for second straight week
      2121 6  -  INSIDE MARKETS By Robert Halili T The writer is managing director, Asia Insider Limited THE buying and selling by directors were flat for the second straight week based on filings on Singapore Exchange from April 18 to 22. A total
      2,121 words
    • Article
      Lock icon Mitsubishi may skip earnings forecast
      402 6 REUTERS Tokyo MITSUBISHI Motors Corp is unlikely to issue an earnings forecast for the current financial year when it announces annual results this week, due to uncertainty about the financial impact of its misleading fuel economy data, a person close to the company told Reuters
      REUTERS  -  402 words
    • Article, Illustration
      Lock icon STI / Catalist
      64 8 STI Catalist WEEKLY Straits Times index April 22,2016 2,940.43 +16.49 (+0.56%) Current streak 1 day Week high 2,960.78 Week low 2,917.75 52-week high 3,513.00 (Apr 24, 2015) 52-week low 2,539.95 (Feb 12, 2016) FTSE ST Catalist index April 22,2016 458.98 +6.07 (+1.34%) Current streak 1 day Week high 459.63 Week
      64 words
    • Article, Illustration
      Lock icon This week’s FOMC meeting expected to be a non-event
      597 8  -  STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT AT this stage of the US economic recovery, a Federal Open Market Committee (FOMC) meeting which could yield an interest rate hike would normally be of paramount importance. That is, if these were normal circumstances.
      597 words
    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      36 8 STI FTSE ST All-Share WEEKLY ftse ST All-Share index April 22, 2016 718.03 +5.51 (0.77%) Current streak 1 day Week high 722.88 Week low 711.56 52-week high 843.86 (Apr 24,2015) 52-week low 629.34 (Feb 12, 2016)
      36 words
    • Article
      Lock icon STI STOCKS
      321 8 Stock name Close Change Wk high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 250 -2 253/248 271 209 5.8 6571.1 CapitaCom Trust 148 +5 149/141.5 173.5 122.5 5.8 4373.9 CapitaLand 320 cd +7 324/309 379 267 12.8 2.8 *****.6 CapitaMall Trust 208 xd -9 219/207
      321 words
    • Article
      Lock icon GAINERS
      76 8 BY CENTS CLOSE UP 52w high/low DBXT Nifty50 ETF10 ***** 802.3 5.2 *****/***** JMH USD 6000 243.1 3.1 6272/4500 GLD US$ ***** 232.3 1.5 *****/***** DBXT ASX200 US$ 3432 212.0 4.8 3898/2900 DBXT E50 US$ 4628 212.0 3.5 5300/3968 BY PERCENTAGE CLOSE UP 52w high/low Infinio 0.6 100.0 0.3
      76 words
    • Article
      Lock icon LOSERS
      75 8 BY CENTS CLOSE DOWN 52w high/low DBXT China50 US$ 2829 -93.2 -2.4 4258/2355 DBXT MSTaiwan US$ 1975 -50.0 -1.8 2392/1667 Keppel Corp 570 -42.0 -6.9 904/464 DBXT CSI300 US$ 813 -39.2 -3.4 1471/700 Pan Ocean 430 -39.0 -8.3 560/300 BY PERCENTAGE CLOSE DOWN 52w high/low STI 2800MBePW*****9 0.6 -57.1
      75 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      79 8 VOL CLOSE($) CHANGE PterisGlobal 9,098.1 0.755 +0.120 +18.90 Fuji Offset 6.2 0.210 -0.050 -19.23 SingHaiyi 42,895.4 0.134 +0.009 +7.20 Shanghai Turbo 73.5 1.055 +0.085 +8.76 King Wan 244.3 0.190 -0.020 -9.52 ABR 750.5 0.750 +0.050 +7.14 Far East 363.0 0.074 -0.004 -5.13 Annica 67,794.0 0.001 -0.001 -50.00 Albedo
      79 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      34 8 STI MSCI EAFE WEEKLY MSCI EAFE index April 22,2016 1,703.27 +21.16 (+1.26%) Current streak 1 day Week high 1,716.51 Week low 1,676.85 52-week high 1,949.49 (May 15, 2015) 52-week low 1,492.43 (Feb 12, 2016)
      34 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 9 2 1 0 0 7 9 2 Manufacturing 72 49 26 14 12 13 86 61 39 Commerce 35 22 7 5 11 5 40 33 12 Tpt/Stor/Comms 16 17 5
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 119,287 10,270 129,557 417,682 2,336 420,018 Manufacturing 577,078 425,088 1,002,166 499,904 33,374 533,278 Commerce 487,618 139,779 627,397 517,921 5,067 522,988 Tpt/Stor/Comms 726,126 5,292 731,418 956,747 456 957,203 Finance 104,265 468 104,733 964,177 63 964,240 Construction
      123 words
    • Article, Illustration
      Lock icon Metals shine on China, oil and weaker dollar
      635 8 COMMODITIES AFP London THE prices of industrial and precious metals forged higher last week, aided by Chinese demand hopes, rebounding oil and the weakening dollar. Aluminium surged on Friday to a seven-month high at US$1,655 per tonne not seen since last September.
      AFP; PHOTO: REUTERS  -  635 words
    • Article
      Lock icon MOST ACTIVE
      35 8 VOLUME Magnus Energy 549,490,900 Ezra 223,297,300 Noble 216,021,600 Spackman 208,843,400 OKH Global 137,017,300 Market volume 7,524,060,000 VALUE Singtel 484,554,610 DBS Grp 309,203,802 OCBC Bank 264,687,625 UOB 253,913,875 Keppel Corp 245,645,609 Market value 5,362,705,000
      35 words
    • Article
      Lock icon SGX ETFs
      112 8 Most Active Fund Last sale +/-(‘000) Wk high/low 52w high/low Buy/Sell Mcap STI ETF 294 +1 2569 297/290 354/254 294/295 IS Asia BND US US1061 -4 778 1066/1061 1096/1010 -/1063 DBXT MSBrazil US$ US309 -6 714 324/305 399/190 307/308 Nikko AM STI ETF 301 +3 505 303/295 360/259
      112 words
    • Article
      Lock icon COMPANY MEETINGS
      126 8 COMPANY MEETING PLACE DATE TIME Advanced Integrated Mfg A Sentosa Golf Club E Serapong Room 1 2 (Lvl 1) 25-Apr 10.00am 27 Bukit Manis Road 25-Apr 11.00am Allied Technologies Ltd A 11 Woodlands Close #10-11 Woodlands 11 25-Apr 9.00am AP Oil Intl A 18 Pioneer Sector 1, Jurong
      126 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      76 8 Apr 22 VALUE CLOSE BT OB/OS 193.00 -86.00 BT CADI -*****.00 -51.00 BT 10-day MA -*****.00 +19.00 FTSE ST Mid Cap 707.21 -0.74 FTSE ST Small Cap 401.37 -1.40 FTSE ST All Share 718.03 -4.85 FTSE ST China Top 169.18 -0.52 FTSE ST China 200.77 -0.49 FTSE
      76 words
    • Article
      Lock icon SunEdison solar projects in India attract buyers
      507 9 Four firms approach India to take over projects as the clean-energy developer navigates bankruptcy BLOOMBERG New York FOUR companies have approached India about taking over solar projects from SunEdison Inc as the world’s biggest clean-energy developer navigates bankruptcy, the nation’s energy minister said.
      BLOOMBERG  -  507 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1656 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
      1,656 words
    • Article
      Lock icon PRIME LENDING RATES
      241 9 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 .5.75 Bank
      241 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1272 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 0.85 0.61 AIMS AMP Cap Industrial Reit 1.33 1.33 2 0.11 12.59 1.46 1.36 ARA Asset Mgt 1.25 1.50 2 0.08
      1,272 words
    • Article
      Lock icon Carry trade gains traction as currency volatility turns lower
      453 10 CURRENCIES BLOOMBERG New York CONDITIONS in the US$ 5.3 trillion for-eign-exchange market have turned supportive for one of the most popular trading strategies the carry trade. Returns from the technique, in which investors borrow in currencies with low interest rates and
      BLOOMBERG  -  453 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 10 Apr 22 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.986 5.027 0.686 6.006 51.517 102.140 0.856 8.851 3.020 1.125 81.086 36.118 1.046 11.113 0.756 25.041 27.143 0.540 0.774 Canada 1.014 5.098
        471 words
      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 10 Apr 22 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0455 1.0461 0.7741 0.7743 Canadian dollar 1.0604 1.0610 0.7854 0.7851 Euro 1.5229 1.5239 1.1276 1.1280 NZ dollar 0.9293 0.9302 0.6881 0.6885 Sterling pound 1.9360 1.9368 1.4334 1.4336
        155 words
      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        3 10 COMPOSITEWEEKLY
        3 words
      • Article, Illustration
        Lock icon NIKKEI
        2 10 WEEKLY
        2 words
      • Article, Illustration
        Lock icon DOW JONES
        3 10 WEEKLY
        3 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        22 10 Apr 22 S$ Bid Offer 1-month 1.3514 1.3520 2-months 1.3521 1.3526 3-months 1.3526 1.3534 6-months 1.3544 1.3551 Source: OCBC
        22 words
      • Article, Illustration
        Lock icon HANG SENG
        3 10 WEEKLY
        3 words
    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 10 Apr 22 $S Offer Bid 0vernight 0.35 0.25 1-month 0.6875 0.5625 2-months 0.9375 0.8125 3-months 1.0000 0.8750 Overnight mode: 0.15 US$ 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
        154 words
      • Article
        Lock icon GOVERNMENT SECURITIES
        67 10 Apr 22 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 99.01 5-Year NX*****X 2.250 01-Jun-21 102.79 102.95 102.68 10-Year NX*****Z 2.375 01-Jun-25 103.22 103.45 103.15 15-Year NZ*****F 2.875 01-Sep-30 106.13 106.40 106.15 20-Year NZ*****V 3.375 01-Sep-33 113.07 112.90 112.90
        67 words
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        390 10 Apr 22 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Apr16 9575.00 9677.50 9505.00 9657.50 *****4 *****8 May16 9552.50 9662.50 9480.00 9640.00 *****9 ***** NIKKEI 225 INDEX FUTURES Jun16 *****.00 *****.00 *****.00 *****.00 *****7 *****4 Sep16 *****.00 *****.00 *****.00 *****.00 82 716 MSCI TAIWAN
        390 words
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        216 10 Most active Apr 22 Prem Expiry Wk Vol Conv Exer Disc Gear- Mths Company Last Sale +or-('000) Ratio Price ing Left China Star Food Group W*****7 7.6 ***** 1 33 2 5.26 24 DBS MB eCW*****5 5.9 -0.3 ***** 0.1 1600 3 Rowsley Ltd W*****3 0.7
        216 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 10 In local curr In S$ In US$ dy yr dy yr dy yr Apr 22 Index Change Change Change Change Change Change World Preliminary 1273.2 -0.3 -0.4 -0.1 -3.5 -0.4 1.2 EAFE Preliminary 973.1 -0.2 -4.0 -0.5 -5.4 -0.8 -0.8 Europe Preliminary 1374.5 -0.6 -2.7
        377 words
    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 10 Apr-22 Price Net change change Last Trade Agricultural Apr-22 CBOT Soybeans (US cents/bu) 987.00 -31.75 -3.12% 13/05/2016 CBOT Soybean Oil (US cents/lb) 33.99 -0.22 -0.64% 13/05/2016 CBOT Wheat (US cents/bu) 467.00 -28.75 -5.80% 13/05/2016 Apr-22 LIFFE Cocoa (£/tonne) 2270.00 23.00 1.02% 13/05/2016 LIFFE Coffee (US$/tonne) 1524.00 -10.00 -0.65%
        250 words
    • Article
      Lock icon SGX MAINBOARD
      2169 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E $mil Company Last Sale vol ('000) High 153 127 AIMSAMP Cap Reit 136 unch 982 137 135 1 8.1 864.1 Low 175.5 101 ARA Asset Mgmt 120xd +2.5 2515 129 117.5
      2,169 words
    • Article
      Lock icon SGX CATALIST
      394 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale vol ('000) High Week Low Div C'vr GrYld 19.9 8.3 t Anchor Resources 12.2 +2.6 ***** 12.9 9.3 34.1 Net P/E MCap 25.5 8.8 t 3Cnergy 9.5 29.5
      394 words
    • Article
      Lock icon SGX ETF
      198 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter 147 97 CIMB APAC Div S$D 106.3 +1.4 10 106.3 106.3 Sale 1365 991 CIMBASEAN40 S$D 1151 -5 1 1161 1146 1019 700 CIMBASEAN40 US$ US850 +13 157 852 850
      198 words
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      122 5 There will be more than nine billion people to feed by 2050. Over the next 35 years, it’s estimated that the world’s population will swell by two billion. To keep up, global food production needs to increase by 70%. CM E Group is helping farmers, ranchers, processors and producers meet
      122 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      7 5 T For more articles, go to btd.sg/BMatters
      7 words
Page thumbnail Page 6
Page thumbnail Page 7
Page thumbnail Page 8
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      133 9 the art m j ,r i*U i fa 33.141 33.106 6,001 6,000.40 7i ir A sc ‘S'. mm 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
      133 words
Page thumbnail Page 10
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      80 11 SGX== SGX My Gateway Stay informed about Singapore's stock market with regular market updates, research reports and corporate actions. Sign up on sgx.com/mygateway now. Singapore Exchange 9 This advertisement has been published for general circulation only. It is not an offer or solicitation to buy or sell, nor financial advice
      80 words
Page thumbnail Page 12
Page thumbnail Page 13
  • REAL ESTATE
    • Article
      Lock icon Elite homeowners in Paris seek end to pain with Socialist loss
      1088 13 Potential right-wing candidates are pledging to abolish the wealth tax and ease other levies BLOOMBERG Paris DENYS Laroche has been trying to sell his 18th Century one-bedroom apartment just off the ChampsElysees for six months. If the 3.75 mil-lion-euro
      BLOOMBERG  -  1,088 words
    • Article
      Lock icon 40% of Sturdee Residences’ units sold in VIP preview
      292 13  -  99-year leasehold project, which comprises 305 units, is close to Farrer Park MRT Station By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore SL Capital (1) has sold 122 units of the 305-unit Sturdee Residences at an average price of S$ 1,550 per square
      292 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      15 13 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements
      15 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      478 13 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
      478 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 3
      1051 13 ICBC Standard Bank Plc Consolidated balance sheet at 31 December 2015 2015 2014 $m $m Assets Cash and balances with central banks 3,254.2 1,432.9 Due from banks and other financial institutions 1,510.9 2,001.3 Financial assets held for trading 2,443.9 2,695.5 Financial assets designated at fair value through profit and loss
      1,051 words
Page thumbnail Page 14
  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon CARS AND THE CITY
      2824 14 THIS WEEK’S TOPIC Is a car-lite Singapore a realistic prospect? Simon Kemp Regional Managing Partner, Asia We Are Social A CAR-LIGHT Singapore is absolutely realistic, and it’s the right way to go. Many people enjoy driving for pleasure, but in Singapore where many of us spend
      FILE PHOTOS  -  2,824 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      237 15 The full list of views from CEOs is available at http://businesstimes.com.sg I FACILITIES MANAGEMENT SOLUTIONS EXPO 2016 LEADING REGIONAL FACILITIES MANAGEMENT EXHIBITION BUILDING INFRASTRUCTURE FACILITIES MISSION CRITICAL FACILITIES T. m LEISURE TOURISM FACILITIES TRANSPORT PUBLIC FACILITIES m J m 1 Organised by Co-Located with (sphere 1111 FACILITIES MANAGEMENT 111—CONFERENCE 2016
      237 words
Page thumbnail Page 16
  • BT-CITIBANK YOUNG INVESTORS’ FORUM
    • Article, Illustration
      Lock icon The future of jobs
      1225 16 Jobs requiring creativity, social intelligence and manual dexterity are least automatable IN THE past, the comparative advantage computers have over human workers was confined to routine rule-based activities that were easily specified in computer code. With recent advances in technology, however, a broader range of non-routine
      PHOTO: BLOOMBERG  -  1,225 words
    • Article
      Lock icon Developing countries are at risk
      681 16 Industrialisation in emerging economies creating less jobs than previously AS EMERGING technologies increasingly take the place of low-skilled workers, what is the impact on developing economies likely to be? Throughout the 20th century, the adoption of new technology has been essential to a country’s development.
      681 words
    • Article
      Lock icon Transportation, logistics jobs at risk
      495 16 Service sector jobs, where most growth has occurred, are being replaced by computers ACCORDING to a 2013 paper by Carl Benedikt Frey and Michael Osborne, 47 per cent of the US workforce is at risk of automation as a result of advances in technology. This
      495 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      105 16 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
      105 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 2
      8 16 This series is brought to you by Cltl
      8 words
Page thumbnail Page 17
  • BANKING & FINANCE
    • Article
      Lock icon In finance, front office takes on governance role
      629 17 Surveillance teams use technology to prevent, not just detect, non-compliance with rules and policies BLOOMBERG London ACROSS the financial industry, compliance departments have mushroomed in size since the crisis of 2008. More recently, though, many banks and brokerages have established a governance
      BLOOMBERG  -  629 words
    • Article
      Lock icon 1MDB boss says M’sian fund, IPIC face cross default risks
      428 17 REUTERS Kuala Lumpur THE head of troubled Malaysian state fund 1 Malaysia Development Berhad (1MDB) said his firm and an Abu Dhabi sovereign fund could face cross defaults on other debts if they fail to make an interest payment by
      REUTERS  -  428 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      62 17 Have a question? Let ST's correspondents provide the answers Send your questions to askst@sph.com.sg THE STRAITS TIMES 9 a m askST you ask. we answer. www.straitstimes.com/askst 4e C O -A M Where should I eat today? How do I score the best travel deals? Lee Siew Hua, Travel Writer 4
      62 words
Page thumbnail Page 18
  • ENERGY & COMMODITIES
    • Article
      Lock icon Oil companies set to report worst quarter results
      543 18 But a 60% rally in oil prices from January low has given strong tailwind to energy shares REUTERS London THE world’s top oil companies are set to report their worst quarterly results yet in the current downturn but a recent recovery in
      REUTERS  -  543 words
    • Article, Illustration
      Lock icon World Bank, IMF push for carbon pricing
      919 18 NYT New York THE World Bank and International Monetary Fund (IMF) are pressing governments to impose a price tag on planet-warming carbon dioxide emissions, using economic leverage and technical assistance that institutions like the United Nations cannot muster. The campaign by two of
      NYT; PHOTO: REUTERS  -  919 words
    • Article, Illustration
      Lock icon Burkina Faso bans GM cotton because of fall in quality
      800 18 AFP Ouagadougou BURKINA Faso, Africa’s top cotton producer and the sole West African nation to venture into biotech farming, is dropping genetically-modified (GM) cotton on quality grounds. The world’s 10th largest cotton producer, with four million of its 19 million
      AFP; PHOTO: AFP  -  800 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      799 18 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices XYEC HOLDINGS CO., LTD. (Incorporated in Japan as a stock corporation (kabushiki kaisha) with limited liability on 9 September 2005) (Company Registration No. 0104-01-*****8) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that the Extraordinary General Meeting (the “EGM”) of
      799 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 2
      375 18 G8 Education Limited S$500,000,000 Multicurrency Debt Issuance Programme Notice of change of Guarantors G8 Education Limited hereby gives notice to all Security holders pursuant to clauses 6A.17 and 6A.18 of the Trust Deed relating to the G8 Education Limited S$500,000,000 Multicurrency Debt Issuance Programme between G8 Education Limited as the
      375 words
Page thumbnail Page 19
  • TECHNOLOGY
    • Article, Illustration
      Lock icon Second US courtroom battle with Apple ends
      1163 19 Govt says it has found another way to get into New York drug dealer’s phone BLOOMBERG Brooklyn THE US government said it no longer needs Apple Inc’s assistance to get into an iPhone used by a New York drug dealer, ending a second
      BLOOMBERG; PHOTO: AFP  -  1,163 words
    • Article, Illustration
      Lock icon Yahoo likely to cull the list of first-round bidders this week
      473 19 BLOOMBERG New York FIRST-ROUND bidders for Yahoo! Inc could find out as early as this week whether they’ve made it through to the next stage. Yahoo’s advisers were spending the weekend narrowing down the field of bidders after receiving
      BLOOMBERG; PHOTO: AFP  -  473 words
    • Article
      Lock icon IPO of Dell cyber unit SecureWorks fizzles
      583 19 REUTERS San Francisco THE lacklustre market debut of SecureWorks Corp, the cyber unit of Dell Inc, failed to rally the battered technology US IPO market, a reminder that Wall Street does not welcome cash-burning companies without profits. “I don’t think it encourages anybody
      REUTERS  -  583 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      292 19 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
      292 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 2
      140 19 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF EVRY SINGAPORE PTE LTD Reg No. *****1502R (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the abovenamed
      140 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 3
      342 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 (“the Act”) AND IN THE MATTER OF CLF EXPRESS PTE. LTD. (“the Company”) (Co. Reg. No. *****5851H) Notice of Resolutions for Members’ Voluntary Liquidation (Pursuant to Section 290) At an Extraordinary General Meeting of the Company held at 20 Boon Lay
      342 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 4
      429 19 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE HC/OS 144/2016) In the Matter of Part VIIIA, Section 227A of the Companies Act (Cap. 50) AND In the Matter of SEMBAWANG ENGINEERS AND CONSTRUCTORS PTE. LTD. (Singapore UEN No. *****5192W) SEMBAWANG ENGINEERS AND CONSTRUCTORS PTE. LTD. (Singapore UEN No. *****5192W)
      429 words
Page thumbnail Page 20
  • CONSUMER
    • Article
      Lock icon In Asia, Netflix trips on content and competition
      909 20 After its January launch into 130 markets worldwide, It is struggling to provide enough content amid tough local competition. It also faces many regulatory issues REUTERS Seoul MONTHS after its global rollout, Netflix Inc is facing problems in several major Asian markets
      REUTERS  -  909 words
    • Article
      Lock icon Cra-Z-Art jewellery-making toys found to have dangerous levels of lead
      615 20 NYT New York THE New York state attorney general said on Friday that his office had opened an investigation into how toys with dangerously high levels of lead ended up for sale at retailers including Target, Kmart and Toys “R”
      NYT  -  615 words
    • Article, Illustration
      Lock icon Canada’s golden crop boom devastated by main HK buyer
      1067 20 BLOOMBERG Hong Kong PETER VanBerlo has C$2.5 million (S$2.67 million) worth of premium North American ginseng in 546 plas-tic-wrapped boxes, just waiting to be shipped to China. And waiting, and waiting. His September harvest of the beige, gnarled roots (popular in
      BLOOMBERG; PHOTO: BLOOMBERG  -  1,067 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      26 20 “Cuts a different slice into the complex reality which is India.” GEORGE YEO, former Foreign Affairs Minister Now on sale at all major bookstores and www.stpressbooks.com.sg
      26 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 2
      35 20 BOOK YOUR SPACE NOW! CONSUMER ELECTRONICS EXHIBITION 26-29 MAY 2016 SUNTEC SINGAPORE HALLS 401 403 12-9PM DAILY »>SELL YOUR «< TECH PRODUCTS SERVICES Organised by: Exhibits Inc asumoajwc* s|fi cs,,*****620 or Email to sales@exhibitsinc.com.sg Vww.ceeshow.com.sg fb.com/ComexlTShow
      35 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 3
      75 20 At BABY NeXT SOUTHEAST ASIA’S BIGGEST BABY FAIR SINGAPORE EXPO HALL 3 10-12 JUNE201R 11AM 9PM CFR' SAT) *11AM-8PM (SUN) S' u *1* Sell your Brand, Products Services directly to over 70,000 new and expecting parents in June 2016! Book your space now! J Mr Jeffrey Foo 9008 9391 jefffoo@sph.com.sg
      75 words
Page thumbnail Page 21
Page thumbnail Page 22
  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Little change in US stocks with jobs data hot, earnings not
      971 22  -  Federal Reserve may now be more inclined to raise interest rates WALL STREET INSIGHT By Rob Curran btworld@sph.com.sg US stocks were more or less flat last week as economic data was a little too hot and earnings a little
      PHOTO: AFP  -  971 words
    • Article, Illustration
      Lock icon Abe orders extra budget for quake reconstruction
      459 22 REUTERS Tokyo JAPAN’S Prime Minister Shinzo Abe ordered his government on Sunday to compile an extra budget package to fund reconstruction after recent earthquakes that hit the south of the country, with an aim to put it into effect by June 1. The
      REUTERS; PHOTO: AFP  -  459 words
    • Article
      Lock icon Japanese banks’ rising overseas loan exposure could be risky: BOJ
      765 22  -  By Anthony Rowley btworld@sph.com.sg Tokyo PUSHED by declining interest rates in Japan and their recent dip into negative territory, Japanese banks have stepped up their overseas lending dramatically to the point where the Bank of Japan (BOJ) now feels that
      765 words
    • Article
      Lock icon EU finance chiefs want joint tax-haven blacklist, sanctions
      490 22 BLOOMBERG Amsterdam THE European Union unveiled a raft of measures to tackle tax evasion as finance chiefs attempted to wrestle the issue back from populist groups using the Panama leaks to argue governments turn a blind eye to inequality. The EU’s economy
      BLOOMBERG  -  490 words
Page thumbnail Page 23
  • TRANSPORT
    • Article, Illustration
      Lock icon Carmakers focus on China as hot market slows
      689 23 Slowing economy a drag on vehicle demand; market is forecast to grow an average 5% a year from 2015 to 2020, according to McKinsey AFP Beijing THE global car industry gathers for its biggest annual event in China as analysts say the
      AFP; PHOTO: BLOOMBERG  -  689 words
    • Article, Illustration
      Lock icon Regulators crack down on carmakers
      480 23 BLOOMBERG Tokyo REGULATORS around the world are getting tougher on carmakers after a series of cheating scandals on fuel economy and emissions, with China set to become the strictest, according to Ford Motor Co chief executive officer Mark Fields. “The regulatory environment around the world
      BLOOMBERG; PHOTO: REUTERS  -  480 words
    • Article, Illustration
      Lock icon Donald Trump’s brand gets a lift from his ageing aircraft fleet
      1430 23 NYT New York OF all the things connected to Donald Trump, few have given him more mileage than his fleet of aircraft. His Boeing 757 jet (often referred to as Trump Force One) has received the full rich-and-famous lifestyle
      NYT; PHOTO: NYT  -  1,430 words
    • Article
      Lock icon FAA orders Boeing engine fix to avoid failure in icy conditions
      451 23 AFP New York US officials have ordered Boeing to fix engines on some of its 787 Dreamliner airplanes to avoid sudden failure in icy conditions, calling the problem an “urgent safety issue”. Last Friday’s Federal Aviation Administration (FAA) directive
      AFP  -  451 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      1980 24 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 o
      1,980 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 2
      245 24 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 298 PRW054 25/04/2016 26/04/2016 Pelindo/Perawang DAILY Marco Polo 122 BST066 25/04/2016 26/04/2016 Buatan/Buatan DAILY Marco Polo
      245 words
Page thumbnail Page 25
  • DINING OUT
    • Article, Illustration
      Lock icon Japanese fare spiced up by friendly, most obliging chefs
      963 25  -  Chikuyotei’s new outlet looks too fancy to blend in with its neighbours, but it’s a welcome reprieve. BY JAIME EE BY JAIME EE jaime@sph.com.sg @JaimeEeBT NEW RESTAURANT Chikuyotei (UE Square) #01-61, UE Square (River Wing) 207 River Valley Road Tel: *****892
      963 words
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      53 25 WE WANT YOUR VIE WS! SHARE THEM AND STAND A CHANCE TO WIN A SAMSUNG GALAXY S7 EDGE 4G+ Terms Conditions apply. SCAN HERE TO TAKE SURVEY NOW Bank of Singapore CEO Bahren Shaari0 4#>9=8=%@>#7!7=@@!?> "A=<9>!79%: Bank of Singapore CEO Bahren Shaari +5($,6 biggest *23) To subscribe, call 6388-3838 or
      53 words
    • Advertisement
      Lock icon Page 25 Advertisements Column 2
      23 25 Chinese LanguageContent Long-termtravel requiresahighbudget? Scan&Read more blogs.omy.sg Buying y Opportunities Property Outlook 2016 r Download at |SRX srx.com.sg/property-magazine comsg Right Home. Right Price.
      23 words
    • Advertisement
      Lock icon Page 25 Advertisements Column 3
      308 25 $53.50 Value.able shares with us the right mindset which every investor should have and how we can identify the extraordinary businesses in the stock market. Most importantly, it teaches us the different valuation models for stocks valuation. By following the 3 simple steps mentioned in the book, investors are able
      308 words
Page thumbnail Page 26
  • LIFE & CULTURE
    • Article, Illustration
      Lock icon All the world’s a stage honouring the Bard
      788 26 Thousands of William Shakespeare fans packed his hometown at Stratford-upon-Avon for the 400th anniversary of his death on Saturday AFP Stratford-upon-Avon PRINCE Charles joined top British actors live on stage in a surprise crack at playing Hamlet, as thousands of William Shakespeare
      AFP; PHOTOS: AFP; PHOTO: AFP  -  788 words
    • Article, Illustration
      Lock icon Many foods loaded with sugar, salt and fat are now in
      1097 26 NYT Bakersfield, California DARK chocolate is in. So, too, is beef jerky. And full-fat ice cream? You bet. Driven by fast-changing definitions of what is healthy to eat, people are turning to foods they shunned just a couple of
      NYT; PHOTO: NYT  -  1,097 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 1
      366 26 CRYPTIC CROSSWORD Across 1 Notice a port with nothing leaving on time (6) 4 A social event about five daughter got on (8) 9 Number of important building worker is one renting (6) 10 Do mend broken front and back of this bits and bobs needed (8) 11 Vehicle has
      366 words