The Business Times, 29 April 2016

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Microfilm: NL33830
Total Pages: 34
1 34 The Business Times
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  • 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 Friday, April 29, 2016
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  • Article
    Lock icon DAILY DIGEST
    240 1 Even as most maritime sub-sectors are still wilting in a macro-environment of lower commodity prices and slowing trade, industry players in a sector accustomed to historical cycles are preparing for the next upswing. TOP STORIES 2 The People’s Action Party rebuts Chee Soon Juan, saying that it is
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  • Article
    Lock icon MARKETS
    28 1 Thursday Change STI 2,862.30 -12.42 KL COMP 1,674.76 -17.58 NIKKEI 225 16,666.05 -624.44 HANG SENG 21,388.03 +26.43 SHENZHEN B 1,119.03 -4.42 DOW (11.45 AM EDT) 18,025.63 -15.92
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  • Article, Illustration
    Lock icon URA, estate agency body probing potential breach of minimum-stay rule
    801 1  -  They are looking into cases of short-term stays facilitated by clauses in tenancy agreements By Lynette Khoo lynkhoo@sph.com.sg @LynettekhooBT Singapore WHILE the jury is still out on a review by the Urban Redevelopment Authority (URA) of the minimum rental period
    PHOTO: YEN MENG JIIN  -  801 words
  • Article
    Lock icon SingPost special audit delayed by argy-bargy between auditors and directors: sources
    661 1  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore THE final report for Singapore Post’s long-awaited corporate governance special audit has yet to be completed nearly a month after the findings were originally supposed to be released. Though SingPost has not publicly
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  • TOP STORIES
    • Article
      Lock icon Maritime sector agrees that going smart is best way into the future
      828 2  -  Participants discuss digitisation and automation at industry events ahead of an anticipated upswing By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore EVEN as most maritime sub-sectors are still wilting under the heat of an unfavourable macro-environment of lower commodity
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    • Article
      Lock icon 2 people, not one, charged in Singapore’s 1MDB probe
      681 2  -  By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore SINGAPORE authorities have charged not one but two people a former wealth manager at Swiss private bank BSI and someone allegedly involved in corrupt transactions in concert with the former private banker in an ongoing
      681 words
    • Article, Illustration
      Lock icon Third run of WTA Finals to return to Singapore in October
      613 2  -  By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE BNP Paribas Women’s Tennis Association (WTA) Finals returns to Singapore this October, and those who want a VIP experience can once again book hospitality tickets for the eight-day tennis tournament. These Racquet
      PHOTO: WTA  -  613 words
    • Article, Illustration
      Lock icon NTUC leaders urge labour movement to stay relevant
      503 2  -  SINGAPORE LABOUR By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore LABOUR leaders Mary Liew and Chan Chun Sing have called on the labour movement to keep reinventing itself to stay relevant and make a real difference to workers’ lives in a joint May
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    • Article
      Lock icon Layoffs ease in Q1 from Q4; Over half from services sector
      524 2  -  By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore DESPITE warnings of labour pains ahead, layoffs in the first quarter of the year eased from the previous quarter although they were still higher than a year ago, according to a preliminary
      524 words
    • Article, Illustration
      Lock icon Singapore Port 2030
      965 4 Smarter, greener and automated, these will be the key features in the next generation port (NGP) by 2030, as Singapore embraces automation, digitisation and artificial intelligence in its maritime vision. The Business Times takes a look at how the future port may look like BT Infographics HE
      Source: MPA, PSA; Text: Tan Hwee Hwee, Renald Yeo; BT Graphics: Ludwig Ilio, Simon Ang & Dania Amiril  -  965 words
    • Article, Illustration
      Lock icon PAP: Town councils, not URA, are responsible for estate upgrading
      671 5  -  It says Chee has repeated his opposition party’s “basic misunderstanding” over the role of town councils BUKIT BATOK BY-ELECTION By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE kerfuffle over estate upgrading in Bukit Batok, chiefly the issue over who is responsible
      FILE PHOTO  -  671 words
    • Article
      Lock icon DBS: Is GNI a more useful measure as firms go abroad?
      416 5  -  By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore SINGAPORE can overcome its “productivity trap” by expanding regionally and tapping higher growth elsewhere, said DBS economists Irvin Seah and Ma Tieying in a report released on Thursday. “If productivity/GDP growth cannot be
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    • Article
      Lock icon Care & Share Movement raises S$1.3b in 28 months
      218 5 Care Share Movement raises S$1.3b in 28 months THE Care Share Movement has raised S$1.3 billion in its 28-month run since December 2013, with the sum comprising more than S$800 million in donations raised by the 241 voluntary welfare organisations (VWOs) and S$500 million in matching grants from the government
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      Lock icon Page 3 Advertisements Column 1
      42 3 It gets more rewarding every time you shop with us With complimentary Sands Rewards LifeStyle membership, enjoy: Terms and Conditions apply. Rewards on every purchase at over 175 boutiques Exclusive promotions and invitations Parking privileges and more Sign up now at MarinaBaySands.com/Shoppes
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      Lock icon Page 5 Advertisements Column 1
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon UOB’s Q1 profit falls 4.4% on flat growth, higher costs
      552 6  -  Total allowances on loans down 30.7% to S$117m but specific provisions on loans more than double to S$133m By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore UNITED Overseas Bank (UOB) on Thursday opened the results reporting session for the three Singapore banks
      PHOTO: BLOOMBERG  -  552 words
    • Article, Illustration
      Lock icon Ho Bee’s Q1 profit up 59.8% at S$18.46m
      357 6  -  Boost comes from higher rental income and Shanghai joint-venture project By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore HO Bee Land has posted a 59.8 per cent surge in first-quarter net profit to S$18.46 million, from S$11.56 million for the corresponding year-ago period. Revenue
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    • Article, Illustration
      Lock icon Lower R&D costs lift Venture Corp earnings
      297 6  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore LOWER research and development (R&D) expenses helped lift the bottom line at electronics firm Venture Corporation in its first quarter. Not that investors would have been able to tell, though, from reading its press release or management’s
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    • CORPORATE DIGEST
      • Article
        Lock icon Viva Industrial Trust
        64 6 VIVA Industrial Trust’s distribution per stapled security fell 12.4 per cent to 1.638 Singapore cents for the first quarter ended March 31, 2016 from 1.87 cents for the corresponding period a year ago. This was due to an enlarged share base. Gross revenue rose 21.2 per cent
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      • Article
        Lock icon Jardine Cycle & Carriage
        87 6 Jardine Cycle Carriage JARDINE Cycle Carriage’s first-quarter net profit fell 20 per cent to US$140.6 million, or 36 US cents per share, on weaker contributions from its Astra subsidiary, the auto distributor announced on Thursday. Revenue declined by 9 per cent to US$3.65 billion. Indonesia-based Astra contributed US$111 million to
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      • Article
        Lock icon Yangzijiang Shipbuilding
        95 6 YANGZIJIANG Shipbuilding (Holdings) posted a 37 per cent fall in first-quarter net profit to 448 million yuan (S$10 million). Revenue fell 11 per cent to 2.71 billion yuan mainly due to decline in revenue from the shipbuilding-related segment. Gross profit margin fell to 24 per cent from 26
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    • Article
      Lock icon MoneyMax goes into pre-owned luxury bags segment
      367 6  -  By Renald Yeo yrenald@sph.com.sg Singapore PAWNBROKER MoneyMax will soon begin to provide pawn, sell and trade-in services for luxury bags and accessories and will be the “first listed pawnbroking chain store in Singapore” to do so. Customers will be able to purchase second-hand
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    • Article
      Lock icon Building confidence through strong regulatory action
      708 8  -  HOCK LOCK SIEW BY R SIVANITHY LAST week, BT reported that Singapore’s central bank and its white-collar crime buster had raided the offices of a few local brokers, most probably as part of an investigation into possible breaches of the law. It isn't known
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    • Article, Illustration
      Lock icon Wilmar’s Kuok going for global consumer dominance
      765 8  -  Palm oil processor’s rice, flour and edible oil businesses are increasing in importance, CEO says AGM WATCH By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore PALM oil processor Wilmar International is aiming to become a major consumer products company in the world, chairman and CEO
      FILE PHOTO  -  765 words
    • Article
      Lock icon DBS holds uneventful shareholders’ meeting
      658 8  -  CEO: Consumer banking set to grow faster than SME and institutional segments By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore IT was an uneventful shareholders meeting for DBS on Thursday morning even as the attendance swelled to some 1,000 more than double the number who attended
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    • Article
      Lock icon SMRT Q4 profit up 27.6% at S$26.6m
      459 8  -  Full-year S$7.4m operating profit from rail would have been a S$9.6m loss if not for net property tax refund By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore TRANSPORT operator SMRT Corporation on Thursday posted a 27.6 per cent rise in fourth-quarter net profit to S$26.6
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    • Article
      Lock icon Iswaran: Finance, law firms must embrace tech
      583 9  -  Getting “comfortable” with innovation ecosystem will enable them to do well by properly appreciating new businesses and their risks STARTUPS IN FOCUS By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore FINANCIAL institutions, as well as law and accountancy firms, must “get comfortable” with the technology
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    • Article
      Lock icon INVADE acquired for S$1.5m, BoxGreen gets S$450K seed funding
      393 9  -  By Jacquelyn cheok jaccheok@sph.com.sg @JacCheokBT Singapore THERE appears to be no slowdown in startup activity with news coming in on Thursday of an acquisition of a retail platform and of funding raised by a snacks food company even as investors warn
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    • Article
      Lock icon CIT in tie-up to explore Australian opportunities
      392 9  -  Cambridge Industrial Trust's Q1 DPU falls 9.2% to 1.112 Singapore cents By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore CAMBRIDGE Industrial Trust (CIT) has entered into an agreement with Australian industrial property specialist Commercial and General (C&G), to explore opportunities in the Australian industrial market.
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    • Article, Illustration
      Lock icon STI / Catalist
      63 10 STI Catalist Straits Times Index April 28,2016 2,862.30 -12.42 (-0.43%) Current streak 5 days Day high 2,900.25 Day low 2,857.16 52-week high 3,495.09 (Apr 28, 2015) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist Index April 28,2016 448.08 -0.94 (-0.21%) Current streak 2 days Day high 451.21 Day low
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    • Article, Illustration
      Lock icon Market fails to break out of losing streak
      647 10  -  STI down for the 5th day in a row in the face of a triple whammy brought by BOJ’s unexpected move and falls in oil, Dow futures STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THE US Federal Reserve lived up to expectations when
      Source: Bloomberg  -  647 words
    • Article
      Lock icon STI STOCKS
      315 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 247 +2 248/245 255 209 5.9 6492.3 CapitaCom Trust 142.5 +0.5 144/142 171 122.5 6 4212.8 CapitaLand 315 -2 325/314 379 267 12.6 2.9 *****.9 CapitaMall Trust 211 +3 212/208 224 184.5
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    • Article
      Lock icon MOST ACTIVE
      34 10 VOLUME Cedar Strategic 305,526,500 Ezra 98,833,900 NOL 41,969,600 ThaiBev 35,932,800 Rex Intl 33,453,700 Market volume 1,708,718,000 VALUE Singtel 70,755,230 DBS Grp 66,414,893 NOL 54,136,718 OCBC Bank 47,367,608 CapitaLand 46,216,085 Market value 1,076,968,000
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    • Article
      Lock icon SGX ETFs
      105 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 289 313 293/289 354/254 288/289 IS Asia BND US US1058 +1 115 1063/1058 1096/1010 1056/1063 IS ASIA HYG US$ US1052 +2 67 1060/1052 1130/977 1024/1060 DBXT MSBrazil US$ US316 +5 44 319/316 399/190 316/317
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Apr 28 VALUE CLOSE BT OB/OS -177.00 +10.00 BT CADI -*****.00 -15.00 BT 10-day MA -*****.00 -18.00 FTSE ST Mid Cap 699.31 +4.20 FTSE ST Small Cap 401.16 +1.94 FTSE ST All Share 698.75 -2.71 FTSE ST China Top 166.92 -0.66 FTSE ST China 199.45 -1.34 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 10 STI FTSE ST All-Share ftse ST All-Share index April 28,2016 698.75 -2.71 (-0.39%) Current streak 5 days Day high 707.14 Day low 698.03 52-week high 840.61 (Apr 28, 2015) 52-week low 625.37 (Jan 21, 2016)
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    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE Index April 27,2016 1,698.01 -3.74 (-0.22%) Current streak 1 day Day high 1,702.80 Day low 1,692.09 52-week high 1,949.49 (May 15, 2015) 52-week low 1,492.43 (Feb 12, 2016)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 7 3 0 0 1 5 7 4 Manufacturing 38 44 26 7 6 12 45 50 38 Commerce 11 20 21 5 4 6 16 24 27 Tpt/Stor/Comms 11 11 10
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      125 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 16,073 260 16,333 55,218 55 55,273 Manufacturing 170,115 336,702 506,817 134,655 2,414 137,069 Commerce 57,718 22,849 80,567 81,027 942 81,969 Tpt/Stor/Comms 228,394 1,111 229,505 207,628 94 207,721 Finance 16,923 7 16,930 175,208 1 175,209 Construction
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    • Article
      Lock icon GAINERS
      75 10 BY CENTS CLOSE UP 52w high/low GLD US$ ***** 151.7 0.9 *****/***** DBS Bk 4.7% NCPS ***** 110.0 1.0 *****/***** DBXT China50 US$ 2838 24.2 0.6 4224/2355 DBXT MSEurope US$ 5489 20.1 0.3 6300/4770 SATS 417 17.0 4.3 423/314 BY PERCENTAGE CLOSE UP 52w high/low Metech Intl 0.3 50.0
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    • Article
      Lock icon LOSERS
      73 10 BY CENTS CLOSE DOWN 52w high/low DBXT MSJAP US$ 4690 -131.6 -2.0 5251/4031 JMH USD 5555 -114.1 -1.5 6272/4500 Jardine C&C 4024 -76.0 -1.9 4520/2636 JSH USD 2895 -73.9 -1.9 3544/2524 Lyxor Nasdaq US$ 1761 -65.8 -2.7 1865/1557 BY PERCENTAGE CLOSE DOWN 52w high/low Infinio 0.1 -83.3 -0.5 0.7/0.1
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    • Article
      Lock icon UNUSUAL ACTIVITY
      82 10 VOL CLOSE($) CHANGE Pollux Prop 715.1 0.053 +0.008 +17.78 Sakae 426.1 0.330 +0.075 +29.41 Indiabulls Trust 5,499.8 0.260 +0.060 +30.00 Weiye 1,646.7 0.535 +0.100 +22.99 China Great Land 375.2 0.015 +0.003 +25.00 Cedar Strategic 305,526.5 0.002 -0.001 -33.33 Travelite 250.0 0.290 -0.010 -3.33 Heeton 511.1 0.405 +0.015 +3.85
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    • BROKERS’ TAKE
      • Article
        Lock icon Sembcorp Marine Sell
        205 10 Target price: S$1.14 April 28 close: S$1.685 OCBC Investment Research, April 28 Capital expenditure for yards slowed down considerably to S$102 million in Q1 2016 (excludes S$47 million for Gravifloat), though it is unclear whether the run rate will remain the same for the rest of the
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      • Article
        Lock icon Sembcorp Marine Hold
        112 10 Target price: S$1.51 April 28 close: S$1.685 RHB, April 28 Sembcorp Marine’s core businesses are being kept busy by its orderbook of S$9.7 billion of which 83% is composed of rigs and floaters while the rest comes from its offshore platforms business. We believe its rig business
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      • Article
        Lock icon Sheng Siong Group Buy
        159 10  -  Compiled by Melissa Tan Target price: S$1.04 April 28 close: S$0.89 DBS Group Research, April 28 We continue to like Sheng Siong Group (SSG) as the company continues to meet growth expectations. SSG is on track towards attaining its 50-store target, while long-term margin is expected
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    • Article
      Lock icon CALENDAR
      23 10 DATA IApril 29 S’pore Business Expectations S’pore Bank Lending S’pore Real Estate Statistics US Personal Income and Outlays US Employment Cost index
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    • Article
      Lock icon Yen gains most in 5 years on BOJ surprise
      417 11 CURRENCIES REUTERS London THE yen on Thursday racked up its biggest daily gains since the 2011 earthquake that spurred a nuclear crisis, surging 3 per cent against the euro and dollar after the Bank of Japan opted out of further moves
      REUTERS  -  417 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 11
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 Apr 28 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.959 4.954 0.673 5.930 50.796 100.824 0.828 8.705 2.980 1.097 80.121 35.745 1.026 10.991 0.739 24.676 26.811 0.523 0.764 Canada 1.043 5.169
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 11
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        Lock icon DOW JONES
        2 11
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        Lock icon NIKKEI
        1 11
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 Apr 28 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0262 1.0267 0.7643 0.7645 Canadian dollar 1.0706 1.0711 0.7976 0.7973 Euro 1.5249 1.5256 1.1357 1.1360 NZ dollar 0.9349 0.9358 0.6963 0.6968 Sterling pound 1.9622 1.9631 1.4614 1.4617
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 Apr 28 S$ Bid Offer 1-month 1.3434 1.3439 2-months 1.3440 1.3445 3-months 1.3445 1.3449 6-months 1.3459 1.3467 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        210 11 Most active Apr 28 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Ezion Holdings W*****4 18.1 -1.3 ***** 1 50 22 3.09 48 OCBC Bk MB eCW*****3 6.3 -0.5 7539 0.1 900 6 DBS MB eCW*****5 4.1 -0.6 7446
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 11 In local curr In S$ In US$ dy yr dy yr dy yr Apr 27 Index Change Change Change Change Change Change World Preliminary 1271.8 -0.1 -0.5 -0.2 -3.6 -0.1 1.2 EAFE Preliminary 966.9 0.0 -4.6 -0.3 -5.8 -0.2 -1.1 Europe Preliminary 1372.4 0.4 -2.8
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        390 11 Apr 28 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Apr16 9625.00 9667.50 9537.50 9595.00 ***** *****2 May16 9610.00 9647.50 9517.50 9562.50 *****2 *****3 NIKKEI 225 INDEX FUTURES Jun16 *****.00 *****.00 *****.00 *****.00 *****6 *****4 Sep16 *****.00 *****.00 *****.00 *****.00 593 736 MSCI TAIWAN
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 11 Apr 28 $S Offer Bid 0vernight 0.08 0.03 1-month 0.7500 0.6250 2-months 0.9375 0.8125 3-months 1.0000 0.8750 Overnight mode: 0.03 US$ 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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      • Article
        Lock icon GOVERNMENT SECURITIES
        65 11 Apr 28 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-21 103.06 103.20 102.95 10-Year NX*****Z 2.375 01-Jun-25 103.19 103.43 103.40 15-Year NZ*****F 2.875 01-Sep-30 106.15 106.40 106.25 20-Year NZ*****V 3.375 01-Sep-33 113.2 30-Year NA*****H
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 11 Apr-27 Price Net change change Last Trade Agricultural Apr-27 CBOT Soybeans (US cents/bu) 1019.00 1.25 0.12% 13/05/2016 CBOT Soybean Oil (US cents/lb) 33.62 -0.32 -0.94% 13/05/2016 CBOT Wheat (US cents/bu) 474.25 -5.50 -1.15% 13/05/2016 Apr-27 LIFFE Cocoa (£/tonne) 2279.00 -8.00 -0.35% 13/05/2016 LIFFE Coffee (US$/tonne) 1535.00 -21.00 -1.35%
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    • Article
      Lock icon SGX MAINBOARD
      1768 12 12 COMPANIES MARKETS SGX MAINBOARD 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil V N I 153 127 AIMSAMP Cap Reit 138.5cd +0.5 2100 139 137.5 0.9 8.2 880 175.5 101 ARA Asset Mgmt 121 +3 424 122
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    • Article
      Lock icon SGX CATALIST
      301 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last vol Day Div GrYld Net MCap High LOW 19.9 8.3 t Anchor Resources 11.4 -0.3 4414 12 11.4 31.9 Sale ('000) High LOW C'vr P/E 25.5 8.8 t 3Cnergy 9.5
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    • Article
      Lock icon SGX ETF
      146 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last 107.7 69.1 CIMB APAC Div US$ US79.3 +2.4 1 79.3 79.3 8.3 1364 991 CIMBASEAN40 S$D 1135 -28 2 1149 1135 1018 700 CIMBASEAN40 US$ US844 -1 0 844
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  • GLOBAL MEGATRENDS CONFERENCE 2016
    • Article, Illustration
      Lock icon Throwing out the rule book
      667 7  -  Disruptive innovation is reshaping industries and changing the way companies compete. BY FRANCIS KAN BY FRANCIS KAN TO TRULY disrupt an industry, companies have to do something that the market leader is not interested in doing, says Singa-pore-based management consultant Scott Anthony. He cites the
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    • Article, Illustration
      Lock icon Riding the region’s mobile revolution
      467 7  -  The proliferation of cheaper and powerful smartphones in S-E Asia presents good opportunities to companies By Francis Kan THE rapid growth of faster networks and cheaper smartphones has led to many traditional businesses in Southeast Asia jumping on the mobile digital bandwagon, according to one
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    • Article, Illustration
      Lock icon The terrorist’s son speaks
      430 7  -  Author zak Ebrahim recalls his experience growing up in the shadow of terrorism By Francis Kan AS THE son of one of the perpetrators of the 1993 World Trade Center bombing in the United States, Zak Ebrahim had to lie to people about who his father
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      470 8 NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF 1. ECOCAP ASIA PTE. LTD. CO. REG. NO. *****8516G 2. ORCHID GARDENS PATENTS PTE. LTD. CO. REG. NO. *****5255M (IN CREDITORS’ VOLUNTARY LIQUIDATION) Extract of the minutes at the Extraordinary General Meeting of members of
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      Lock icon Page 8 Advertisements Column 2
      287 8 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF DATABASE ELECTRONICS PTE LTD (In Members’ voluntary Liquidation) Company No: *****2164G NOTICE IS HEREBY GIVEN THAT pursuant to Section 308(2) of the Companies Act Cap 50 that the final meeting of members of the above-named company
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      Lock icon Page 9 Advertisements Column 1
      1057 9 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
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      Lock icon Page 9 Advertisements Column 2
      840 9 <p<EBHana Bank (INCORPORATED IN THE REPUBLIC OF KOREA) SEPARATE STATEMENTS OF FINANCIAL POSITION As at December 31, 2015 and 2014 (Korean Won in millions) 2015 2014 ASSETS CAPITAL ADEQUACY RATIOS (on a consolidated basis) (KRW in billion) OVERSEAS NETWORK SEPARATE STATEMENTS OF COMPREHENSIVE INCOME For the years ended December 31,
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      79 12 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 recommendation
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  • BANKING & FINANCE
    • Article
      Lock icon Visa opens its first Asia-Pacific innovation centre in Singapore
      536 13  -  Centre will allow clients, partners and startups to work with Visa to build e-commerce applications By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore IMAGINE paying for petrol and a cup of coffee ahead of a meeting without having to step out of the
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      Lock icon Pimco senses panic as China’s 8t yuan bond leverage unwinds
      999 13 BLOOMBERG Shanghai CHINA’S bond traders are getting a painful lesson on the dangers of leverage. After years of racking up profits by borrowing cheaply and ploughing the proceeds into higheryielding debt, investors are now rushing to unwind those wagers amid
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      Lock icon ANZ is first Aussie bank to offer Apple Pay
      439 13 REUTERS Sydney APPLE Inc expanded its Apple Pay digital wallet in Australia on Thursday after ANZ became the country’s first bank to support the mobile payment service, executives at both Apple and ANZ said. Apple Pay allows users to register credit
      REUTERS  -  439 words
    • Article, Illustration
      Lock icon Deutsche Bank beats analyst estimates with Q1 profit of 214m euros
      394 13 BLOOMBERG Frankfurt DEUTSCHE Bank AG said profit declined in the first quarter, hurt by a slump in trading revenue, as co-chief executive officer John Cryan seeks to shrink Europe’s largest investment bank. The 214-million-euro (S$327 million) net income in
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      366 13 NOTICES In The Matter of The Companies Act, Cap. 50 And In The Matter of STUART ANDERSON’S BLACK ANGUS (ASIA) PTE LTD (Co. Reg. No. *****0636Z) NOTICE OF CREDITORS’ MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that pursuant to Section 296 of
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      460 13 THE BVI BUSINESS COMPANIES ACT, 2004 KEVMAR LIMITED Company No. *****35 (the “Company”) a BVI Business Company NOTICE OF LIQUIDATOR’S APPOINTMENT NOTICE IS HEREBY GIVEN pursuant to section 204 (1) (b) of the BVl Business Companies Act, 2004 that Tan Ley Hong of 1 Raffles Place, #28-02 Tower 1, Singapore
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon SunEdison bankruptcy hits India’s green market
      816 14 US company’s search for equity partnerships for its capacity means 4 GW of clean-energy projects up for sale BLOOMBERG New Delhi SUNEDISON Inc’s bankruptcy filing is reverberating halfway around the world in India, where developers say the US company’s troubles are adding to a
      BLOOMBERG; PHOTO: REUTERS  -  816 words
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      64 14 Have a question? Let ST's correspondents provide the answers Send your questions to askst@sph.com.sg THE STRAITS TIMES 9 6 m askST www.straitstimes.com/askst you asK. we answer. M 4 Be 4 Where should I eat today? How do I score the best travel deals? Lee Siew Hua, Travel Writer 4 'k
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Zuckerberg proposes new share class to maintain control
      909 15 Facebook’s Q1 profit, revenue beat forecasts, fuelled by video ads on its main mobile app BLOOMBERG San Francisco FACEBOOK Inc’s chief executive officer Mark Zuckerberg picked a good time to ask for more freedom. The company reported sales and profit that blew
      BLOOMBERG; PHOTO: REUTERS  -  909 words
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      Lock icon SpaceX plans to send a probe to Mars
      618 15 NYT New York NEXT stop: Mars? Last December, Space Exploration Technologies Corp of Hawthorne, California better known as SpaceX landed a rocket on Earth, flying a booster stage of one of its Falcon 9 rockets back to Cape Canaveral. This month, the
      NYT; REUTERS FILE PHOTO  -  618 words
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      Lock icon Samsung’s Q1 profit gets boost from S7
      893 15 But global smartphone industry struggling to come up with a new hit product BLOOMBERG Seoul SAMSUNG Electronics Co’s first-quar-ter profit benefited from the early release of its newest smartphones, yet investors are wondering whether the industry is running out of steam as it
      BLOOMBERG; PHOTO: BLOOMBERG  -  893 words
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      63 15 ASIA’S LARGEST EDUCATIONAL KIDS’ FAIR 1-3 JULY 2016 SUNTEC SINGAPORE HALL 405 <c 406 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.sg For
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      34 15 TIME FOR GOLD Jewellery outlets in Singapore gear up for Akshaya Tritiya Sikh community honours former MP Inderjit Singh with appreciation dinner GET YOUR COPY TODAY TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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  • CONSUMER
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      Lock icon Valeant’s mistakes raised profit, destroyed value: Ackman
      629 16 Pharma company raised drug prices sky-high after strategic acquisitions BLOOMBERG Washington AFTER US$77 billion in lost market value, congressional hearings and corporate stumbles, Valeant Pharmaceuticals International Inc’s CEO and its biggest hedge fund booster stood before a Senate committee, raised their right hands
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    • Article
      Lock icon Nintendo disappoints without Mario for mobile or new console
      714 16 But it will introduce 2 new smartphone titles even as it forecasts income, revenue short of analyst estimates BLOOMBERG Tokyo NINTENDO Co is easing into its newfound role as a mobile game publisher, but not fast enough for investors expecting a
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      261 16 BACK BY POPULAR DEMAND! SME 101 MARKETING BOOTCAMP: LEAD GENERATION STRATEGIES USING SOCIAL MEDIA, VIDEO AND MOBILE MARKETING Who should attend: Senior and Middle Management, Managers, Sales and Marketing Professionals, Business Owners and anyone interested in learning cost effective tools and techniques to create awareness for your brand, improve leads
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      57 17 14 MAY 2016, SATURDAY 15 MAY 2016, SUNDAY TIME CHEF ESTABLISHMENT TIME CHEF ESTABLISHMENT 10AM Martin Woo Mo’Mor Izakaya 12PM Yuichiro Suzuki Ki-Sho 2PM Jun Chen TFS Private Works 4PM Takayoshi Takei Shinji by Kanesaka 10AM Kenji Yamanaka béni 12PM Norihito Saji Syun, Resorts World Sentosa 2PM Kenji Okumura Keisuke
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Opportunity for industrialists in slowdown, uncertainty: JTC
      814 18  -  But uncertain business conditions will still temper their impetus to move, market says By Lee Meixian leemx@sph.com.sg @LeeMeixianBT INDUSTRIAL rents in Singapore fell 2.7 per cent quarter on quarter (q-o-q) and 5.1 per cent year on year (y-o-y) in the first quarter of
      Source: JTC  -  814 words
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      Lock icon Ascott buys into London property via joint fund with Qatar
      415 18  -  By Angela Tan angelat@sph.com.sg Singapore CAPITALAND’S serviced residence business unit, The Ascott, is investing £52 million (S$100.4 million) in a 108-unit property in Islington, London through its joint fund with Qatar Investment Authority (QIA). The purchase will be the third
      415 words
    • Article
      Lock icon Private-home resale prices dip 1%
      599 18  -  By Mindy Tan tanmindy@sph.com.sg @MindyTanBT WHILE market watchers concur that private-home resale prices in Singapore will likely continue to decline at a gradual pace, buyers and investors are starting to hunt for value. According to flash estimates from the Singapore Residential Price Index (SRPI) released
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      Lock icon RM200b bonanza for M’sian builders draws top fund
      433 18 BLOOMBERG Kuala Lumpur WITH as much as RM200 billion (S$68.8 billion) of building jobs in play, Malaysian construction companies cannot be ignored by any investor, says Danny Wong Teck Meng. The fund manager whose Areca Equity Trust Fund beat 98 per cent
      BLOOMBERG; PHOTO: BLOOMBERG  -  433 words
    • Article, Illustration
      Lock icon Keen interest seen for Martin Place site
      557 19  -  Eight to 16 bids expected; consultants forecast top bid will be in the S$930-1,200 psf ppr range; URA stipulates maximum of 450 units for project By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore A RARE District 9 private housing site being offered at a state
      BT Graphics Source: URA  -  557 words
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      42 18 2 3 J U N E 1 6 SPH News Centre 9.00am to 5.00pm SME 101 MARKETING BOOTCAMP Trainer: Pamela Wigglesworth EARLY BIRD ENDS 16 MAY 2016 $788 To register or find out more about the bootcamp, visit http://learning.stjobs.sg/ bootcamp STJOBS LEARNING
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      57 18 ELECTRICCARSINSINGAPORE—THESHOCKINGREALITIES MAY2016|S$6.90|RM9.50 SINGAPORE’S NO.1 MONTHLY CARMAGAZINE*NIELSEN MEDIA INDEX 2015 www.torque.com.sg BRITISH BREEZE FRESHNEWMINI CONVERTIBLE PG68 HURRICANE FORCE LAMBORGHINI HURACAN SPYDER DRIVES INFINITI QX80 SUBARU FORESTER ROLLS-ROYCE DAWN HYUNDAI ELANTRA PORSCHE CAYENNE GTS BMW 216D GRAN TOURER PLUS 3xGROUPTESTS–COMPARE,THENCOMMIT JAGUAR XF 25t vsBMW 528i LEXUS IS200t F SPORTvsINFINITI Q50 SPORT MITSUBISHI
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      26 18 “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
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      791 19 D04 HOUSE FOR SALE SENTOSA COVE Lakeshore View, Corner Bungalow. 7757/6114sf. 6+1, pool, gdn, sky pool, lift. Foreigners eligible. Serious seller, Call Sole Agentt Chandran VR, *****396 D10 HOUSE FOR SALE BRIZAY PARK GCB 17,200sf. 2-sty. 6+1. Serene. Pool. Good plot. High grd. No long driveway. Serious seller. Keys on
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Growth slows sharply as consumer spending weakens
      758 20 But activity is likely to pick up given a fairly robust labour market LATEST US DATA REUTERS Washington US economic growth braked sharply to its slowest pace in two years as consumer spending softened and a strong dollar continued to undercut exports, but
      REUTERS; PHOTO: BLOOMBERG  -  758 words
    • Article
      Lock icon China imposes controversial new controls on foreign NGOs
      290 20 AFP Beijing CHINA’S Communist-controlled legislature passed a law imposing new regulations on foreign non-government organisations (NGOs) on Thursday, authorities said. The measure has provoked an outcry from charities and concerns from foreign governments that it gives wide-ranging discretionary powers to police amid
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    • Article
      Lock icon Fed keeps US rates steady, paints mixed picture of economy
      730 20 NYT Washington THE US Federal Reserve, determined to move cautiously, said on Wednesday that the US economy was still not ready for higher interest rates. It said that the labour market continued to get stronger, yet it made the widely
      NYT  -  730 words
    • Article
      Lock icon BOJ holds off on further monetary easing, dismaying markets
      910 20  -  The yen rises against the dollar and euro, while Tokyo stock prices slump By Anthony Rowley btworld@sph.com.sg Tokyo THE yen leapt against the dollar and the euro while Tokyo stock prices slumped on Thursday, on the back of the Policy Board
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      Lock icon Bank Negara orders 1MDB to repatriate money sent overseas
      490 20 REUTERS Kuala Lumpur MALAYSIA’S central bank on Thursday ordered troubled state-owned investment firm 1MDB to repatriate money that was sent overseas without approval, putting further strain on the scandal-plagued company just days after it defaulted on a bond issue. The fund,
      REUTERS  -  490 words
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  • SPECIAL FEATURE LUXURY LIVING
    • Article, Illustration
      Lock icon Restyle your home
      878 21  -  Easy way to give your home a new look By Hafz Rasid You can give your home a makeover without resorting to a big renovation. If your home is looking a little boring or dated, changing up your furniture can do wonders in transforming your living space.
      Photo: Castilla; Photo: The Furniture Mall  -  878 words
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      Lock icon How home accessories can redefne your home
      224 22  -  By Latashni Gobi Nathan Styling your home is more than just knowing what colours to choose for your walls and how to position your furniture. Sprucing up your home with home accessories can bring a new level of design and style to your
      Photo: SuMisura  -  224 words
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      Lock icon Pick the perfect mattress
      587 22  -  By Latashni Gobi Nathan After a long day, you want to return to a cosy home, and most importantly, a comfortable mattress that fts your body in order to get a well-deserved night of good sleep. Investing in a good-quality mattress that is just right for
      Photo: Tempur Singapore  -  587 words
    • Article, Illustration
      Lock icon Finding a sofa that suits you
      493 23  -  How to get the perfect ft By Belinda Wan These days, homeowners are spoilt for choice when it comes to sofas. From recliners, two-seaters and modular sofas, to fabric, PVC, latex and leather sofas, the options are endless. How can you choose the right
      Photo: Cosimo Gallery  -  493 words
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      415 21 ADVERTORIAL athefurnituremall™ living as you like it 10 TOH GUAN ROAD Living In Light Pristine Luxury Lighting up homes can be effortlessly done in many ways to form different characteristics for each living space. Scores of lighting and furnishing varieties are widely available for all residential, commercial, industrial and mixed
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      10 21 Turn the page for more furnishing ideas and latest trends.
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      105 22 BY APPOINTMENT TO HER MAJESTY QUEEN ELIZABETH II BEDDING AND UPHOLSTERY MANUFACTURERS HYPNOS. THE MOST COMFORTABLE BEDS IN THE WORLD a W Re-energise Your Body, Mind and Soul We all have a love affair with sleep, yet many of us never truly experience a deep uninterrupted night's sleep, night after
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      38 22 2 m W W \l made to measure interiors 1 T*f -V V H IK m ireSfSsS -r r c 85! M <? ASIA PACIFIC PROPERTY AWARDS INTERNATIONAL PROPERTY AWARDS ASIA PACIFIC m RICS WWW.SUMISURA.ASIA L +65 6281 9500
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      23 22 Pluck out the plummiest job opportunities from The Straits Times Recruit every day! To advertise, call The Straits Times Recruit Hotline: 1800-289 8822
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      110 23 Luxurious Leather Sofas For Lhose \Vfoo Understand Quality /Avf 0L>uM/ne6& //ime6 Only,-: FULL ITALIAN LEATHER 2. 5 SEATERS C/W 2 AUTO INCLINERS WITH ADJUSTABLE HEADREST FULL ITALIAN LEATHER DESIGNER PIECE $2699 $1899 FULL ITALIAN COW LEATHER CORNER WITH CHAISE SUITE FULL ITALIAN LEATHER CHESTERFIELD SECTIONAL SOFA VV V v v
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      217 23 sl’i Experience the feeling of being weightless Soft where you want it, firm where you need it™ TEMPUR® gives you a sleep experience beyond comparison. The unique TEMPUR® material of our mattresses and pillows conforms and adapts lo the exact shape of your body. It lets you relax into your
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  • TRANSPORT
    • Article
      Lock icon Changi records double-digit traffic growth in Q1
      433 24  -  China’s Xiamen Airlines named Changi’s Partner of the Year for its significant contribution to the development of the airport By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore PASSENGER traffic at Changi Airport grew by 10 per cent in the first quarter of this year, on
      433 words
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      Lock icon Qantas to start three more flights a week to Melbourne and Perth
      482 24  -  The services from S’pore to Melbourne begin on Friday and to Perth on Aug 19 By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore QANTAS will operate more flights between Singapore and Australia from Friday, as it enters the final stretch
      482 words
    • Article
      Lock icon Ford, Google team up to support driverless cars
      499 24 NYT Detroit IN an unusual alliance between a traditional carmaker and a technology company, Ford Motor and Google on Wednesday joined forces to lead a coalition of companies that advocate federal approval of driverless cars in the near future. By teaming up
      NYT  -  499 words
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      Lock icon Solar-powered planes still a long way from carrying passengers
      981 24 WP Washington BERTRAND Piccard made headlines last Saturday when he glided a solarpowered plane onto Moffett Airfield in California after a three-day journey across the Pacific Ocean. It’s the most recent stop in an around-the-world trip that began in Abu Dhabi
      WP; PHOTO: AFP  -  981 words
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      66 24 A Uniquely Positioned Event An Effective Marketing Branding Platform for Financial Institutions in Asia. What Makes INVEST Fair Unique? Largest Investment Event In Singapore Proven Results For Exhibitors Maximum Unlimited Marketing Possibilities Extensive Marketing On Print, Online, Outdoor, Radio, Social Media and Other Platforms Flexible Sponsorship Packages CELEBRATING 10 SPLENDID
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      29 24 QQV PROPERTY O l\A MAGAZINE SRX.com. sg Find the Right Home at the Right Price Buying Opportunities Property Outlook 2016 kilL. Jii 11 V s I Download at srx.com.sg/property-magazine
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  • SINGAPORE MARITIME WEEK 2016
    • Article, Illustration
      Lock icon The high-tech way to a smarter port
      70 25  -  The Port of Singapore is leveraging technology to enhance terminal productivity and optimise workflow and processes. Below are three solutions being developed. BY FRANCIS KAN POSITIONING FOR FUTURE GROWTH developed.BY FRANCIS KAN A high resolution, 42-megapixel camera is mounted on a lightweight UAV
      PHOTO: HOPE TECHNIK  -  70 words
    • Article
      Lock icon Eye on even the smallest cracks
      490 25 T Project: Unmanned aerial vehicles for crack and corrosion detection by PSA TO carry out inspections for cracks in the cranes at the port, teams of three use platforms to access critical areas. When these areas are out of reach, the inspectors use cameras
      490 words
    • Article, Illustration
      Lock icon Intelligent ships in the making
      409 25 T Project: Comprehensive vessel performance management solution by Ascenz A SOLUTION being developed by local technology firm Ascenz will be able to capture vital shipboard information and seamlessly transmit it back to shore for further analysis. The company’s Shipulse Data Acquisition System (DAS) integrates with
      FILE PHOTO  -  409 words
    • Article
      Lock icon Better decision processes with analytics system
      313 25 T Project: Fusion analytics, sense-making and prediction for maritime and port operations by IBM Singapore A PROJECT by the Maritime and Port Authority of Singapore (MPA) and IBM aims to give MPA staff insights to help them make better decisions in their daily tasks.
      313 words
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      1117 28 THE BUSINESS TIMES Shipping times MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PGU PKL KCH KK JKT MALAYSIA STAR 58 50 7/5 9/5 13/5 15/5 COSMIC ACE 002 100 9/5
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      373 28 C a i l a n B r i s b a n e E n n o r e J e d d a h Shanghai Chittagong Ho Chi Minh H o J e b e l A i n g NYK RORO (ASIA) PTE. LTD. K o n
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      306 28 WE ARE MOVING! Effective from 1 st May 2016, our office will be located at the following address 1 Kim Seng Promenade #15-03 Great World City East Tower Singapore *****4 Telephone: 6470 9100 Fax: 6235 3623 We will be closed on 29 th April to facilitate the move but will
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      244 28 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 178 TTS055 29/04/2016 30/04/2016 Tebing Tinggi/Jambi DAILY Marco Polo 152 BST017 30/04/2016 01/05/2016 Buatan/Buatan DAILY Marco
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  • BT Lifestyle
    • Article, Illustration
      Lock icon Bowling the world over with music
      595 29  -  Despite the language barrier, Japanese artistes have managed to wow music fans all over the world with their individual styles. To find out what the fuss is all about, check out the unique sounds of these three acts from the Land of the Rising
      595 words
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      Lock icon Okinawan songs seep gently into the soul
      529 29  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT THE folk music of Okinawa is unlike the music from the rest of Japan or, for that matter, the world. It is characterised by the happy, high-pitched singing of women and the accompaniment of a banjo-like instrument called
      529 words
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      Lock icon Blending genres for a unique sound
      538 29  -  By Dylan Tan YOU don't need to understand the Japanese language to appreciate mouse on the keys. Their brand of jazz-tinged post-rock instrumentals is best enjoyed with simply an open mind. “I don’t think I can describe what we are trying to say through
      538 words
    • CINEMA/ARTS
      • Article, Illustration
        Lock icon Spotlight on contemporary Malaysian art
        952 30  -  A survey of several exhibitions now on at Kuala Lumpur’s public galleries gives a strong sense of how Malaysian art reflects the national identity. BY CHEAH UI-HOON identity.BY CHEAH UI-HOON MALAYSIA’S top news this week was, not surprisingly, fi-nance-related the country’s scandal-ridden fund, 1MDB, went
        952 words
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        Lock icon Inspiring popcorn socialism
        475 30  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT FORGET Captain America, there is another big screen patriot gunning for your dollar at the multiplex this week. Documentary maker and agent provocateur Michael Moore (Fahrenheit 9/11, Bowling for Columbine) returns with his mellowest but also most accessible film to date, Where
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        Lock icon Avengers-lookalike a thrilling ride
        388 30  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT IT'S comforting to know that after the convoluted Batman vs Superman: Dawn of Justice, not every superhero film is on a mission to destroy our brain cells. Captain America: Civil War is as pop-corn-friendly as Marvel Studios flicks get so our
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    • ARTS
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        Lock icon ‘Meenah and Cheenah’ celebrates racial stereotypes
        770 31  -  Two of theatre’s most gifted comedians, Siti Khalijah and Judee Tan, parody and pay homage to Malays Chinese. BY HELMI YUSOF Chinese.BY HELMI YUSOF RACE is sensitive and rarely discussed in polite conversation. But Singapore comedians have managed to sprint past the OB markers
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      • Article, Illustration
        Lock icon Returning to the sea
        536 31  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT CHARLES LIM’S newly-opened exhibition Sea State at the NTU Centre for Contemporary Art represents a return in many ways. Firstly, it is being exhibited in Singapore for the first time since returning from the 2015 Venice Biennale. That showcase itself marked
        536 words
    • WINE/PURSUITS
      • Article, Illustration
        Lock icon Understanding Burgundy
        1022 32  -  One does not need to go to the Grand Cru level to find the best and the most enjoyable wines. BY NK YONG wines.BY NK YONG AT dinner a week ago, three simple Village wines (in magnum) from the village of Cham-bolle-Musigny formed the highlight of the evening.
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        Lock icon Sequel to the world’s best whisky
        739 32  -  Yamazaki Sherry Cask 2016 single malt is already expensive and hard to find. BY CHRISTOPHER LIM BY CHRISTOPHER LIM WHISKY aficionados will have noticed that it’s startlingly difficult to buy a bottle of Japanese single malt these days. Duty-free shops at Changi Airport have
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      • Article, Illustration
        Lock icon Taking a musical journey of life with Olivia Newton-John
        533 32  -  By Avanti Nim avantin@sph.com.sg IN a world where everyone is looking for their 15 seconds of fame, it's rare to find someone whose star is still burning bright after five decades of being in the spotlight. But when asked, Olivia Newton-John
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    • CITY LIFE
      • Article, Illustration
        Lock icon Celebrating the past in the present
        896 33  -  The Singapore HeritageFest is back and bigger than ever, and it promises to let you see a side of Singapore you haven't before. BY AVANTI NIM BY AVANTI NIM avantin@sph.com.sg FOR such a small island, Singapore has come a long way in establishing itself
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      • CITY BUZZ BT writers' picks of what to see, do or talk about
        • Article, Illustration
          Lock icon ANNIE LEIBOVITZ’S NEW PORTRAIT COLLECTION ON SHOW
          197 33  -  By Helmi Yusof PHOTOGRAPHY Women: New Portraits By Annie Leibovitz IT”S perhaps apt that the world’s most famous female photographer Annie Leibovitz is tasked to capture portraits of various high-achieving women from around the world. Her new collection of portraits includes artists, musicians,
          PHOTO: AFP  -  197 words
        • Article, Illustration
          Lock icon The Philharmonic winds and Margaret Chen
          165 33  -  MUSIC By Avanti Nim IF you have no plans yet for the upcoming Labour Day long weekend, one family-friendly option is a free concert held by wind orchestra The Philharmonic Winds in collaboration with organist Margaret Chen. Dr Chen will be performing on the
          165 words
        • Article, Illustration
          Lock icon Sake Shabu Shabu
          265 33  -  DINING By Tay Suan Chiang TOM YUM and mala steamboats are so dated. At Tamashii Robataya, you can get a sake steamboat instead. Chef/owner Patrick Tan recently introduced Sake Shabu Shabu on his menu. What you get is about 1.2 litres of dry sake cooked in a
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        • Article, Illustration
          Lock icon Sen of Japan’s new menu and Chef's Table menu
          175 33  -  DINING By Rachel Loi CATCH Sen of Japan's executive chef Nakano Hiromi in action over the next two weeks, as he steps into the kitchen of his casual modern Japanese restaurant at Marina Bay Sands. He is here to introduce a
          175 words
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          Lock icon Superstars of Ballet
          162 33  -  DANCE By Helmi Yusof CLASSICAL ballet fans shouldn’t miss out on this. Superstars of Ballet features 12 internationally acclaimed principal dancers from Paris Opera Ballet, The Bolshoi Ballet, English National Ballet and American Ballet Theatre of New York. They will perform highlights from iconic modern and contemporary
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      310 30 CRYPTIC CROSSWORD Across 1 Large company gathering in a root crop (11) 9 Ducks around the lines in play (7) 10 A bishop caught in the sack is excluded (6) 12 Two presents not to be found (7) 13 High flier’s goal could be void? (4,3) 14 A bit of
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      91 31 "THnllP TT 18 mm btime d mmmmmi/km eni iimb star" Daily Tel r eiGiirraiK)]ln aplay by Noel Coward RTEX OPENOT7 APRIL Raffles Hotel. Singapore Starring legendary Bond girl Jane Seymour ("Live and Let Die", "Dr Quinn, Medicine Woman") and Royal Television Society winner "Best, James Cartwright as "Tom Veryan" “A
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