The Business Times, 4 July 2016

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

Microfilm: NL33908
Total Pages: 28
1 28 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, July 4, 2016
    22 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    236 1 Analysts say Brexit has cast uncertainty over the prospects of Singapore banks, and this comes amid warnings from the central bank of risks ahead for the sector. TOP STORIES 2 Aviva Singapore is setting up a financial advisory firm to strengthen its key distribution channel in a highly
    236 words
  • Article
    Lock icon MARKETS
    25 1 Weekly Change STI 2,846.37 +110.98 KL COMP 1,646.22 +12.17 NIKKEI 225 15,682.48 +730.46 HANG SENG 20,794.37 +535.24 SHENZHEN B 1,107.19 +39.09 DOW 17,949.37 +548.62
    25 words
  • Article
    Lock icon S’pore builds its safety savvy as S-E Asia inches towards nuclear energy
    1265 1  -  After Vietnam, Indonesia and Malaysia tipped to be next countries in region to have a nuclear power plant By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore QUIETLY but surely, several countries in South-east Asia are tiptoeing closer to nuclear energy
    1,265 words
  • Article, Illustration
    Lock icon Turnbull confident of majority government
    854 1 BLOOMBERG AFP Canberra AUSTRALIAN Prime Minister Malcolm Turnbull said that he was confident of forming a majority government, even as a national election failed to deliver a clear winner and counting will not be completed until later this week. “This is a time where we
    BLOOMBERG; AFP; PHOTO: AFP  -  854 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      267 1 8 "887 1 8 1 *****1 THE BUSINESS TIMES NEW RESTAURANT More substance than style at Froth DINING OUT/27 BREXIT AND YOUR BUSINESS What’s the most likely impact in the short and medium term? VIEWS FROM THE TOP 14-15 TOPLINE Pan-United: Delivering concrete innovation through R&D, technology COMPANIES MARKETS 6
      267 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      16 1 Safety concerns linger amid pursuit of low-carbon future, Page 4 BT Infographics: Going nuclear, Page 4
      16 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon 2002: SGX mandates quarterly reporting
      314 2  -  Comfort, DelGro merge; S’pore pursues trade deals. BY VIVIEN SHIAO Q UARTERLY reporting may be the norm for all listed companies on the Singapore Exchange (SGX) today, but it was only in 2002 that the Ministry of Finance said it would make the practice compulsory.
      BT Graphics: Dania Amiril  -  314 words
    • Article, Illustration
      Lock icon Greenpac focuses efforts, time and resources on community, environment
      582 2  -  COMPANY OF GOOD By Vrinda Kudaisya kvrinda@sph.com.sg Singapore ENVIRONMENTALLY friendly packaging company Greenpac differentiates itself through its sustained and frequent efforts to help build the community, thanks to its philosophy of “doing good for the community and doing well within the
      582 words
    • Article
      Lock icon Brexit may dampen S’pore banks’ prospects
      797 2  -  Market uncertainty could constrain fee and non-interest income growth: Citi By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore ANALYSTS say Brexit has cast uncertainty over the prospects of Singapore banks and this comes amid warnings from the central bank of risks ahead for the sector. The
      797 words
    • Article
      Lock icon Post-Brexit, markets now focus on prospects of rates staying low
      909 2  -  WALL STREET INSIGHT By Rob Curran btworld@sph.com.sg US STOCKS rebounded last week to finish higher than where they were before the shock Brexit vote as traders focused on the silver lining in the midst of a very cloudy outlook lower
      909 words
    • Article, Illustration
      Lock icon Safety concerns linger amid pursuit of low-carbon future
      870 4  -  imperative for nations to have competent regulatory body to certify design of an imported nuclear reactor GOING NUKE By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore PROPONENTS of nuclear energy say it complements (instead of competes with) renewables, and is necessary for the world’s
      PHOTO: REUTERS  -  870 words
    • Article, Illustration
      Lock icon Going nuclear?
      774 4  -  Countries in South-east Asia are moving towards nuclear energy in varying speeds: while some have started preparations a few decades ago, others have only recently expressed interest in exploring the possibility of using the energy form. BY ANDREA SOH BT Infographics BY ANDREA SOH Lessons from Fukushima Rosatom
      Source: Sources: Rosatom, news agencies; BT Graphics: Simon Ang  -  774 words
Page thumbnail Page 3
Page thumbnail Page 4
Page thumbnail Page 5
  • WEALTH PLANNING
    • Article, Illustration
      Lock icon Handing over the business reins
      1065 5  -  High net worth families must plan adequately to ensure a smooth transfer of wealth to the next generation. BY FRANCIS KAN generation.BY FRANCIS KAN AS wealthy individuals in Asia prepare to hand over the reins to their children, more of them are seeking help to
      1,065 words
    • Article
      Lock icon Insuring against family disputes
      144 5 FAMILY businesses face the risk of being dissolved because of disputes over inheritances following the passing of the founder. This is especially true when not all family members are actively involved in the business. To ensure an equitable sharing of assets, the business can purchase a
      144 words
  • Page 5 Advertisements
Page thumbnail Page 6
  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Concrete ideas to solve customers’ problems
      920 6  -  Pan-United Corporation has made big efforts to modernise its operations, and bring about a pioneering approach to building resources. BY KELLY TAY TOP LINE resources.BY KELLY TAY kellytay@sph.com.sg @KellyTayBT IT’S hard to imagine someone more enthusiastic about concrete than Pan-United Corporation’s (PUC) CEO, May
      PHOTO: ARTHUR LEE  -  920 words
    • Article, Illustration
      Lock icon Aviva Singapore to set up new financial advisory firm
      592 7  -  BT understands the firm’s business model could be similar to Great Eastern’s or Manulife’s, or a combination of both By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore BRITISH insurer Aviva Singapore is in the midst of setting up a financial advisory (FA) firm
      BT Illustrations  -  592 words
    • Article
      Lock icon Director buying edges up, buyback value rises
      1832 7  -  INSIDE MARKETS By Robert Halili T The writer is managing director, Asia insider Limited DIRECTORS were cautious on news of Brexit with only 18 companies recording 34 purchases worth S$ 1.12 million based on filings on the exchange from June 27 to July
      1,832 words
    • Article, Illustration
      Lock icon STI / Catalist
      33 8 STI Catalist WEEKLY Straits Times Index July 1,2016 2,846.37 +110.98 (+4.06%) Current streak 4 days Week high 2,846.37 Week low 2,729.85 52-week high 3,353.45 (July 17, 2015) 52-week low 2,539.95 (Feb 12, 2016)
      33 words
    • Article
      Lock icon STI STOCKS
      306 8 Stock name Close Change Wk high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 246 +16 253/231 253 209 6.2 6487.8 CapitaCom Trust 150 +10.5 150/139 157 122.5 5.7 4434.5 CapitaLand 308 +19 310/285 358 267 12.3 2.9 *****.7 CapitaMall Trust 217 +17 225/198.5 225 184.5
      306 words
    • Article, Illustration
      Lock icon Brexit worries may return; volume will taper off
      577 8  -  STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT LAST week’s Hock Lock Siew column “At the heart of Brexit volatility lies complacency’’ (BT, June 29) asserted that the apocalyptic scenarios that many experts were painting in the wake of the UK’s decision to exit
      577 words
    • Article
      Lock icon GAINERS
      102 8 BY CENTS CLOSE UP 52w high/low SPDR S&P500 US$ ***** 668.6 2.4 *****/***** JMH USD 5802 500.4 6.9 6103/4500 Lyxor Indonesia US$ 8333 434.5 4.0 8403/6250 SPDR DJIA US$ ***** 356.5 1.5 *****/***** Jardine C&C 3590 300.0 9.1 4520/2636 BY PERCENTAGE CLOSE UP 52w high/low CPH 0.8 100.0 0.4
      102 words
    • Article
      Lock icon LOSERS
      76 8 BY CENTS CLOSE DOWN 52w high/low DBXT S&PShort US$ 2033 -74.0 -2.6 2393/2022 DBXT MSAsExJp US$ 3186 -61.9 -1.4 3716/2772 Prudential USD 1750 -40.4 -1.7 2500/1689 Venture Corp 827 -36.0 -4.2 868/765 DBS Bk 4.7% NCPS ***** -30.0 -0.3 *****/***** BY PERCENTAGE CLOSE DOWN 52w high/low ISDN W*****0 0.1
      76 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      81 8 VOL CLOSE($) CHANGE M Development 90,256.1 0.003 +0.001 +50.00 TMC Education 234.8 0.060 -0.022 -26.83 Infinio 4,150.6 0.002 +0.001 +100.00 China Haida 230.1 0.018 +0.004 +28.57 LifeBrandz 4,980.2 0.001 -0.002 -66.67 LionGold 127,325.0 0.002 -0.001 -33.33 HL Global Ent 627.6 0.100 +0.010 +11.11 Longcheer 330.3 1.080 +0.245 +29.34
      81 words
    • Article
      Lock icon MOST ACTIVE
      33 8 VOLUME Noble 747,961,300 LionGold 227,078,000 Ezra 209,942,600 Singtel 173,832,700 Cedar Strategic 163,108,900 Market volume 8,258,434,000 VALUE Singtel 700,743,801 DBS Grp 676,562,895 UOB 362,722,413 OCBC Bank 333,452,656 CapitaLand 193,191,897 Market value 6,260,251,000
      33 words
    • Article
      Lock icon SGX ETFs Most Active
      110 8 Fund Last sale +/-(‘000) Wk high/low 52w high/low Buy/Sell Mcap STI ETF 289 +9 2798 290/276 343/254 288/289 IS MS INDIA US$ US698 +30 1067 707/661 780/575 694/699 87.3 CIMBASEAN40 US$ US845 +4 414 846/803 949/700 845/860 132.5 Nikko AM STI ETF 290 xd +5 382
      110 words
    • Article
      Lock icon COMPANY MEETINGS
      85 8 COMPANY MEETING PLACE DATE TIME Indiabulls Prop A Furama City Center Ballroom 2 Level 5 60 Eu Tong Sen Street 05-Jul 2.00pm SMRT Corporation A Stamford Ballroom Lvl 4 Raffles City Convention Ctr Fairmont Singapore 80 Bras Basah Road 05-Jul 2.30pm Azeus Systems A Enterprise Room Raffles City
      85 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Jul 1 VALUE CLOSE BT OB/OS 76.00 +59.00 BT CADI -*****.00 +3.00 BT 10-day MA -*****.00 +8.00 FTSE ST Mid Cap 677.22 +3.57 FTSE ST Small Cap 386.46 +0.66 FTSE ST All Share 694.47 +0.96 FTSE ST China Top 158.74 -0.38 FTSE ST China 187.58 -0.06 FTSE
      77 words
    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      37 8 STI FTSE ST All-Share WEEKLY WEEKLY ftse ST All-Share index July 1,2016 694.47 +26.34 (+3.94%) Current streak 4 days Week high 694.47 Week low 667.25 52-week high 801.81 (July 17, 2015) 52-week low 629.34 (Feb 12, 2016)
      37 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 8 STI MSCI EAFE MSCI EAFE index July 1,2016 1,620.63 +53.37 (+3.41%) Current streak 4 days Week high 1,620.63 Week low 1,520.94 52-week high 1,889.53 (July 17, 2015) 52-week low 1,492.43 (Feb 12, 2016)
      33 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 6 1 1 0 0 11 6 1 Manufacturing 71 40 27 16 15 9 87 55 36 Commerce 30 16 13 7 4 3 37 20 16 Tpt/Stor/Comms 24 10 4
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      124 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 90,797 6,165 96,962 287,058 1,179 288,237 Manufacturing 398,055 638,771 1,036,826 506,249 7,981 514,230 Commerce 893,640 104,050 997,690 481,969 2,712 484,681 Tpt/Stor/Comms 724,063 17,687 741,750 1,219,401 1,689 1,221,090 Finance 190,829 742 191,571 1,486,357 108 1,486,465 Construction
      124 words
    • Article, Illustration
      Lock icon Oil, metals shrug off Brexit slump; coffee, sugar up
      572 8 COMMODITIES AFP London OIL approached the end of the week down slightly on a midweek rally but still well ahead of its lowest point after Britain’s shock vote to leave the European Union. North Sea Brent crude recovered from a Monday
      AFP; PHOTO: BLOOMBERG  -  572 words
    • Article
      Lock icon Gold – A reliable store of value in uncertain times
      456 9  - Gold A reliable store of value in uncertain times CURRENCIES By Bryan Lum T The writer is a strategist at Phillip Futures THESE last few weeks have been a roller coaster ride for gold. It looked like its recent bullish trend might have come to a premature end as markets
      456 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 9
        2 words
      • Article
        Lock icon INTERBANK CROSS RATES
        473 9 WEEKLY Jul 1 WEEKLY A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.965 4.969 0.672 5.789 50.303 98.113 0.765 8.554 2.985 1.042 78.155 35.049 1.004 10.958 0.728 24.035 26.201 0.561 0.746 Canada
        473 words
      • Article, Illustration
        Lock icon NIKKEI
        2 9 WEEKLY
        2 words
      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        3 9 COMPOSITEWEEKLY
        3 words
      • Article, Illustration
        Lock icon DOW JONES
        2 9
        2 words
      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 9 Jul 1 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0035 1.0043 0.7460 0.7465 Canadian dollar 1.0399 1.0404 0.7733 0.7730 Euro 1.4942 1.4949 1.1108 1.1111 NZ dollar 0.9624 0.9637 0.7154 0.7163 Sterling pound 1.7898 1.7905 1.3305 1.3308
        155 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        21 9 Jul1 S$ Bid Offer 1-month 1.3454 1.3458 2-months 1.3456 1.3461 3-months 1.3461 1.3465 6-months 1.3469 1.3476 Source: OCBC
        21 words
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        381 9 Jul 1 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Jul16 9245.00 9297.50 9227.50 9282.50 ***** *****7 Aug16 9232.50 9250.00 9200.00 9282.50 634 465 NIKKEI 225 INDEX FUTURES Sep16 *****.00 *****.00 *****.00 *****.00 ***** *****1 Dec16 *****.00 *****.00 *****.00 *****.00 6 5393 MSCI TAIWAN
        381 words
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES Most active
        211 9 Jul 1 Prem Expiry Wk Vol Conv Exer Disc Gear- Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****1 8.4 0.1 ***** 0.1 1620 3 UOB MB eCW*****1 8.9 1.6 ***** 0.1 1850 3 OCBC Bk MBeCW*****4 7.2 1.8 ***** 0.1
        211 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 9 In local curr In S$ In US$ dy yr dy yr dy yr Jul 1 Index Change Change Change Change Change Change World Preliminary 1258.6 0.4 -1.5 0.3 -5.4 0.4 -0.1 EAFE Preliminary 929.4 0.8 -8.3 0.6 -10.5 0.8 -5.6 Europe Preliminary 1342.3 1.0 -5.0
        377 words
    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 9 Jul 1 $S Offer Bid 0vernight 0.03 Par 1-month 0.6875 0.5625 2-months 0.8750 0.7500 3-months 0.9375 0.8125 Overnight mode: 0.15 US$ Offer Bid 7 days 0.50 0.40 1 month 0.55 0.45 2 months 0.65 0.45 3 months 0.75 0.55 6 months 1.05 0.85 9 months 1.25 0.95 12
        154 words
      • Article
        Lock icon GOVERNMENT SECURITIES
        67 9 Jul 1 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 99.19 99.18 99.15 5-Year NX*****X 2.250 01-Jun-21 103.98 104.10 103.66 10-Year NX*****F 2.125 01-Jun-26 102.68 102.80 102.30 15-Year NZ*****F 2.875 01-Sep-30 109.41 109.78 109.40 20-Year NZ*****V 3.375 01-Sep-33 117.07
        67 words
    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 9 Jul-1 Price Net change change Last Trade Agricultural Jul-1 CBOT Soybeans (US cents/bu) 1168.75 -6.25 -0.53% 14/07/2016 CBOT Soybean Oil (US cents/lb) 31.03 -0.35 -1.12% 14/07/2016 CBOT Wheat (US cents/bu) 416.25 -15.00 -3.48% 14/07/2016 Jul-1 LIFFE Cocoa (£/tonne) 2404.00 19.00 0.80% 14/07/2016 LIFFE Coffee (US$/tonne) 1734.00 46.00 2.73%
        250 words
    • Article
      Lock icon Amazon still on track to opening UK data centre
      364 10 BLOOMBERG Frankfurt AMAZON.COM’S cloud computing division remains “committed” to opening a London data centre by early next year, even after the British public’s vote for the UK to leave the EU. It will also offer local customers the option of hosting
      BLOOMBERG  -  364 words
    • Article
      Lock icon PRIME LENDING RATES
      238 10 Jul 1 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
      238 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      689 10 Payment Ex Rec Pay Ann (cts) date date date date 8Telecom Intl by 448.600 22-Mar 24-Mar 15-Jul 17-Mar Acromec Ltd aw 0.300 08-Jul 12-Jul 20-Jul 02-Jun AEM Hldgs aw 0.500 05-Jul 08-Jul 22-Jul 03-May AIMS Property Sec Fd do 0.183 28-Jun 30-Jun 16-Sep 22-Jun Ban Leong Tech ak
      689 words
    • Article, Illustration
      Lock icon When are directors personally liable for corporate debt?
      918 10  -  If directors do not ensure that the separate legal personality of a company is not abused and used to evade the law, they risk facing personal liability for the company’s obligations. BY VICTOR YEO BY VICTOR YEO T The writer is a
      918 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1219 10 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 0.07 9.48 0.90 0.63 AIMS AMP Cap Industrial Reit 1.00 1.00 4 0.11 12.76 1.50 1.39 ARA Asset Mgt 1.25 1.25 2 0.08
      1,219 words
    • Article
      Lock icon SGX MAINBOARD
      2008 12 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E $mil Company Last Sale Vol ('000) High Week 151.5 127 AIMSAMP Cap Reit 139 +5.5 1877 140 134 0.9 8.2 884.7 Div 169.8 101 ARA Asset Mgmt 138 +6 3572 141
      2,008 words
    • Article
      Lock icon SGX CATALIST
      384 12 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale vol (’000) High 0.9 0.2 t Advanced Systems 0.2 unch 50 0.2 0.2 5.3 LOW Div C'vr 19.9 8.3 t Anchor Resources 11.6 +0.3 ***** 12.8 11.1 32.4
      384 words
    • Article
      Lock icon SGX ETF
      202 12 52-Wk Last Vol Week Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E 119 112 ABF SG Bond ETF 118 unch 106 118.5 116.8 538.6 Last Sale 1290 991 CIMBASEAN40 S$D 1149 +28 1 1149 1103 949 700 CIMBASEAN40 US$ US845 +4 414 846
      202 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      1686 6 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices INFORMATICS EDUCATION LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****3419G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Third Annual General Meeting (“AGM”) of INFORMATICS EDUCATION LTD. (the “Company”) will be held at Mercure Singapore
      1,686 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      99 7 r77tc/)to/iCC/ l o/ (faemumi/ <S More space. More fun. In 1991, we engineered Premium Economy Elite, the cabin between Business and Economy. The extra space, ergonomic seats, stay in your own world paired with noise-reduction earphones, refreshing personal amenity kits and hot delicacies, trust the pioneer of Premium Economy for
      99 words
Page thumbnail Page 8
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      164 9 Trade Gold For Gold Receive premium gold when you trade spot gold with Phillip Futures today.* 6538 0500 futures@phillip.com.sg www.phillipfutures.com.sg/gold 250 North Bridge Road #07-01 Raffles CityTower Singapore *****1 This advertisement is for general information only and does not constitute a recommendation, offer or solicitation to buy or sell any
      164 words
Page thumbnail Page 10
Page thumbnail Page 11
  • Article, Illustration
    Lock icon Singapore Land Authority – 15 years of serving the nation
    1183 11 Singapore Land Authority 15 years of serving the nation The SLA story is one of progress, where the statutory board has continually evolved to meet the needs of its stakeholders SPECIAL FEATURE This year marks the 15th anniversary of the founding of the Singapore Land Authority (SLA), a statutory board
    1,183 words
  • Article
    Lock icon The SLA journey: Key milestones
    726 11 Launch of State Property Information Online portal In 2002, SLA launched State Property Information Online (SPIO), a one-stop portal providing timely information rental information for State properties. The website aggregates listings for residential, commercial, office and institutional spaces, and provides information on their approved uses.
    726 words
  • Page 11 Advertisements
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      71 12 ON THIS OPPORTUNITY Reach out to investors and affluent readers in this Investor Information Page. Advertise at less than $5,800 per full colour ad (a special package for 4 leading newspaper titles The Straits Times, The Business Times, Lianhe Zaobao and The New Paper Sunday). Contact our Sales Team now!
      71 words
Page thumbnail Page 13
  • REAL ESTATE
    • Article, Illustration
      Lock icon Sweden faces housing crunch despite government building plan
      819 13 Strict regulations, a lack of capacity in the construction sector and political deadlock hamper plans and reforms REUTERS Stockholm IT is one of Swedish centre-left Prime Minister Stefan Lofven’s signature policies building 700,000 homes in a decade to ease a shortage of
      REUTERS; PHOTO: BLOOMBERG  -  819 words
    • Article, Illustration
      Lock icon Barcelona raises maximum fine for illegal home rental to 600,000 euros
      423 13 Barcelona BARCELONA city hall on Tuesday announced a 20-fold hike, to 600,000 euros (S$900,000), in the maximum fine that can be levied against home rental sites such as Airbnb if they promote illegal accommodation. Under a 2012 regional law,
      PHOTO: BLOOMBERG  -  423 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      85 13 CELEBRATING To mark the occasion, well give you $288* when you open an account with us. How's that for a celebration? Find out more at IG.com.sg/ig10 or call us on +65 6390 5118 IG.com.sg/ig10 FOREX SHARES INDICES COMMODITIES BINARIES n* Losses can exceed deposits *To register for this offer and
      85 words
Page thumbnail Page 14
  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon KEEP CALM AND CARRY ON
      2703 14 THIS WEEK’S TOPIC How do you think Brexit will impact your company’s business in the short and medium term? Victor Mills Chief Executive Singapore international chamber of Commerce BREXIT will impact Britain negatively far more than many of its voters realise and far more than
      PHOTOS: AFP, REUTERS; PHOTO: AFP  -  2,703 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      297 15 The full list of CEOs is available at http://businesstimes.com.sg THE STRAITS TIMES Subscribe to The Straits Times All-in-One package and stand to win a trip for two to anywhere in the world or a retreat at Resorts World Sentosa a* -iiM. OR ONE WINNER FOR THIS PRIZE a5uS £rs^ ■>?
      297 words
Page thumbnail Page 16
  • BT-CITIBANK YOUNG INVESTORS’ FORUM
    • Article, Illustration
      Lock icon The unconscious motivation of entrepreneurs
      1045 16  -  A study suggests that people with a need for power are drawn to set up businesses, but it might be the desire for achievement that determines if a business succeeds. BY JONATHAN RAMSAY succeeds.BY JONATHAN RAMSAY T The writer is a psychologist and lecturer at
      FREE IMAGES  -  1,045 words
    • Article, Illustration
      Lock icon Brexit amplifies uncertainty
      261 16 THE UK vote to leave the EU surprised almost everyone, especially market participants. It left unprecedented uncertainty about future economic and political relations between the UK and the EU. From the US perspective, the market sell-off has been large but orderly. Indeed, global markets began to stabilise
      PHOTO: AFP  -  261 words
    • Article
      Lock icon Discuss the practical issues of ageing and death early
      675 16  -  The best decisions do not get made in the midst of a crisis so the advice is to get people comfortable with being uncomfortable By Suzanne Woolley BLOOMBERG AN e-vite, it’s a guaranteed loser: It’s summer! Come talk about the financial
      BLOOMBERG  -  675 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      113 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
      113 words
Page thumbnail Page 17
  • RSA CONFERENCE 2016
    • Article, Illustration
      Lock icon SMEs need strong cyber security for e-commerce success
      1942 17  -  They can start by getting a third party security assessment of their cyber posture rating to identify obvious security gaps. gaps.BY NARENDRA AGGARWAL EXPERTS warn that small and medi-um-sized enterprises (SMEs) are increasingly becoming soft targets for cyber criminals. Among other things,
      1,942 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      177 17 I Don t miss Closing Keynote Speaker Sir Bob Geldof! Musician. Businessman. Activist I i Connect tn Protect Connect with the best minds in information security. Join infosec professionals and industry leaders at RSA Conference 2016 Asia Pacific b Japan. Over the course of three days, you’ll gain the latest
      177 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 2
      4 17 Brought to you by
      4 words
Page thumbnail Page 18
  • BANKING & FINANCE
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      2003 18 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices NUTRYFARM INTERNATIONAL LIMITED (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2016 Annual General Meeting of NUTRYFARM INTERNATIONAL LIMITED (the "Company') will be held at Maxwell Chambers Pte Ltd, Large Room Level 3, 32 Maxwell
      2,003 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      761 19 NOTICES TOLL FREE 18 0 0-289-8822 I Email n o t i c e s s p h c o m. s g I www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WINCHARM INVESTMENT PTE. LTD. (Co. Reg. No.: *****6316R) (In Members’ Voluntary
      761 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 2
      191 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TIARA REALTY PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (UEN No: *****2572R) AND ECCO REALTY PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (UEN No: *****5696G) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies
      191 words
Page thumbnail Page 20
  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Cheap gold mines disappear as bullion buyers splurge
      995 20 Mine buyers are paying higher premiums amid bullion rally and the pace of deals is accelerating BLOOMBERG New York SO MUCH for the run on cheap gold mines. Producers who were forced by slumping prices to unload assets last year are regaining
      BLOOMBERG; PHOTO: REUTERS  -  995 words
    • Article
      Lock icon Java junkies in US drive global coffee demand to record
      668 20 BLOOMBERG New York AMERICAN consumers cannot get enough coffee, and that is sending world demand for the beans to an all-time high. US per capita consumption of hot coffee will be 3.1 kg in 2016, up from three kg in
      BLOOMBERG  -  668 words
    • Article
      Lock icon Petrobras shuts off gas supply to Eletrobras thermal plant
      233 20 REUTERS Brasilia BRAZIL’S Petroleo Brasileiro SA shut off gas supply to a thermal plant in the Amazon run by a subsidiary of state-led Centrais Eletricas Brasileiras SA for lack of payment, the oil company said on Saturday. Petrobras, as the state-run
      REUTERS  -  233 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      54 20 SINGAPORE Q UALIFIERS presented by TIME TO VIE FOR A SPOT TO REPRESENT SINGAPORE AT THE WORLD AMATEUR GOLFERS CHAMPIONSHIP IN DURBAN, SOUTH AFRICA SIGN UP NOW www.tnp.sg/WAGC SINGAPORE QUALIFIERS 20, 26 JULY 2016 SINGAPORE FINALS 2 AUGUST 2016 ENTRY FEE $480 GOODIE BAG WORTH OVER $750 VENUE TANAH MERAH
      54 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 2
      21 20 www.omy.sg j Chinese y| Language Content Cancerians! 3 things to look out for in the month of July! SCAN&READ i UIUIj'I
      21 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 3
      149 20 The topics covered include: How to be an educated investor Adjust your investment style and risk appetite based on the industry and company The investment framework for identifying dividend growth companies Categorisation of listed companies into 6 business types Picking companies with strong competitive advantages Why intangible asset is more
      149 words
Page thumbnail Page 21
  • TECHNOLOGY
    • Article, Illustration
      Lock icon Nobel Prize boosts regenerative medicine in Japan
      1119 21 Fujifilm and Takeda Pharmaceutical have been building on Shinya Yamanaka’s discovery and are planning clinical trials to try out new therapies using this technology WP Tokyo FOUR years ago, Shinya Yamanaka received a phone call that would forever change his destiny. The Kyoto
      WP; ST FILE PHOTO  -  1,119 words
    • Article
      Lock icon Estonian startups helping digital nomads land dream jobs
      696 21 AFP Warsaw UPWARDLY-mobile, tech-savvy young professionals across the globe are swapping their briefcases and brogues for backpacks and sneakers, setting themselves up as digital nomads who can operate from wherever their laptops can go. Jobbatical and Teleport, two recent tech startups, promise
      AFP  -  696 words
    • Article
      Lock icon Microsoft upped LinkedIn bid to beat Salesforce
      441 21 BLOOMBERG San Francisco SALESFORCE.COM Inc battled Microsoft Corp for LinkedIn Corp deep into the negotiating process, forcing the world’s largest software maker to boost its offer to buy the professional networking service just days before the US$26 billion deal was announced. Three other
      BLOOMBERG  -  441 words
  • Page 21 Advertisements
Page thumbnail Page 22
  • CONSUMER
    • Article
      Lock icon Drugmakers leery of generic rival in trade group
      985 22 Pharmaceutical lobbyists oppose Teva’s move to join the Pharmaceutical Research and Manufacturers of America, saying that it is tantamount to allowing a spy into the fold NYT Washington FOR decades, brand-name and generic drug companies have fought each other in Congress, at
      NYT  -  985 words
    • Article, Illustration
      Lock icon China soccer boom sparks illegal online gambling craze
      667 22 REUTERS Hong Kong IN CHINA’S eastern city of Hangzhou, Li could barely watch as Portuguese striker Cristiano Ronaldo lined up a penalty kick in a finely-balanced Euro 2016 group match against Austria. Mr Li had reason to be nervous: he had bet
      REUTERS; PHOTO: REUTERS  -  667 words
    • Article, Illustration
      Lock icon Creative YouTubers outshining old-school television
      791 22 AFP San Francisco A MEDIA revolution is taking place, and most people over 3 5 years of age aren’t tuned in. Millennials and their successors are shunning old-school television in favour of watching what they want whenever they wish on Goog-le-owned YouTube or other video
      AFP; PHOTO: AFP  -  791 words
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      48 22 “What I value about Fook Kwang’s writings is that he appreciates that things are seldom black and white, and that there is validity in the nonofficial or contrarian narrative.” SYLVIA LIM chairman of Workers’ Party and MP (Aljunied GRC). Now on sale at all major bookstores and www.stpressbooks.com.sg
      48 words
    • Advertisement
      Lock icon Page 22 Advertisements Column 2
      72 22 I aggregate the Business times I asset I management RETIREMENT M Will the Asian Century happen? Or will Asia stumble? r KEYNOTE SPEAKER Kishore Mahbubani Dean and Professor in the Practice of Public Policy, Lee Kuan Yew School of Public Policy, National University of Singapore Learn how to better prepare
      72 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      102 23 NEW CARS SGCARMART SPOILTFORCHOICE Latest pricelists info for all the new cars from distributors parallel importers. Don’t miss the daily promotions from major car brands! USED CARS Over 10,000 cars for your choice, covering 95% of the market. There’s always a fantastic deal lying around! DOWNLOAD OUR APP If you
      102 words
Page thumbnail Page 24
  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Upcoming Japan upper house election may bring surprises
      1314 24  -  Abe’s Liberal Democratic Party and coalition partner the New Komeito Party may not win convincingly as polls suggest By Anthony Rowley btworld@sph.com.sg Tokyo THE outcome of Japan’s upper house parliamentary election due on July 10 may not amount to the country’s equivalent
      PHOTO: REUTERS  -  1,314 words
    • Article, Illustration
      Lock icon Saudi Q1 economic growth slowest in 3 years
      622 24 REUTERS Dubai SAUDI Arabia’s economy expanded at its slowest rate in three years during the first quarter of 2016 as low oil prices forced the government to cut spending and raise costs for industry, official data showed on Sunday. Some analysts said
      REUTERS  -  622 words
    • Article
      Lock icon Singapore to pursue firms over fires despite Indonesian ire
      627 24 AFP Jakarta SINGAPORE is refusing to back down in its pursuit of those responsible for haze-belching forest fires in South-east Asia last year, despite struggling to bring the perpetrators before the courts and drawing a sharp rebuke from neighbouring Indonesia. Forest
      AFP  -  627 words
    • Article
      Lock icon China to hold drills in disputed waters ahead of int’l court ruling
      335 24 AFP Beijing CHINA will conduct military drills in the disputed South China Sea, the government said on Sunday, ahead of an international tribunal ruling on Beijing’s maritime claims in the re-source-rich area. The drills will be held in
      AFP  -  335 words
    • Article
      Lock icon China to create new methods of assessing ‘new economy’: official
      162 24 REUTERS Beijing CHINA is studying new methodology to assess the economic contribution from industries seen as part of the “new economy”, ranging from biotech firms to online retailers, a deputy head of China’s statistics bureau said in speech published on
      REUTERS  -  162 words
Page thumbnail Page 25
  • TRANSPORT
    • Article, Illustration
      Lock icon Airports getting flexible designs to enhance security
      956 25 Architects designing them to be easily reconfigured to cater to evolving security threats, while reducing congestion in non-secure areas and creating more offsite checkpoints REUTERS New York GRESHAM, Smith and Partners recently designed a screening area at Norfolk International Airport in Virginia with
      REUTERS; PHOTO: REUTERS  -  956 words
    • Article, Illustration
      Lock icon Technicians retrieve cockpit voice recordings of EgyptAir flight 804
      506 25 NYT Paris FRENCH technicians have successfully downloaded the cockpit voice recordings from the EgyptAir plane that crashed into the Mediterranean Sea in May, investigators said on Saturday, raising hopes that the information the recordings contain will soon put an end to
      NYT; PHOTO: AFP  -  506 words
    • Article
      Lock icon A bridge too far – rich US family fights to control key route to Canada
      970 25 A bridge too far rich US family fights to control key route to Canada WP Detroit EVERY year, US$100 billion in trade passes back and forth between the United States and Canada here roughly 16.5 per cent of the total annual trade between the two countries. And it all trundles
      WP  -  970 words
    • Article
      Lock icon VW says that US ‘Dieselgate’ settlement won’t be replicated in Europe
      243 25 REUTERS Berlin VOLKSWAGEN’S CEO has rejected calls for the carmaker to compensate customers in Europe over the “Dieselgate” emissions scandal along the lines of its US$15 billion deal in the United States, telling a German newspaper that a similar
      REUTERS  -  243 words
  • Page 25 Advertisements
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      1917 26 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 PKL KUC KK JKT SUR MALAYSIA STAR 60 50 9/7 11/7 15/7 17/7 GENIUS STAR I 001 60
      1,917 words
    • Advertisement
      Lock icon Page 26 Advertisements Column 2
      245 26 ENG LEE SHIPPING CO PTE LTD Tel: *****222 (10 Lines) Fax: *****174/*****960 Website: www.englee.com.sg/Email: marketing@englee.com.sg CR No: **********0C REGULAR FEEDER SERVICES TO INDONESIAN (DE1) VESSEL VOY SIN ETA SIN ETD DESTINATION FREQUENCY Marco Polo 294 PRW095 05/07/2016 06/07/2016 Perawang/Perawang DAILY Marco Polo 108 BST214 05/07/2016 06/07/2016 Buatan/Buatan DAILY Marco Polo
      245 words
Page thumbnail Page 27
  • DINING OUT
    • Article, Illustration
      Lock icon Plenty of substance
      1094 27  -  Contrary to its name, Froth’s food has strong, robust flavours. BY JAIME EE jaime@sph.com.sg @JaimeEeBT NEW RESTAURANT Froth 2 Finlayson Green Ascott Raffles Place Tel: 6336-1228 Open all day: 7am to 10.30am (breakfast); 11.30am to 10pm (lunch and dinner) IT’S not a name we would pick for
      1,094 words
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      706 27 A special feature brought to you by STJOBS LEARNING A survey conducted by government feedback unit, REACH earlier this year found that Singaporeans are most worried about job security in a slowing economy. And for good reason. Last year saw the fifth straight year of rising redundancies in Singapore, with
      706 words
Page thumbnail Page 28
  • LIFE & CULTURE
    • Article, Illustration
      Lock icon For the wealthy, a chance to make the wine they drink
      1048 28 Eschewing ostentatious materialism, some now prefer ‘experiential luxury’ and collecting unique moments NYT New York THE French region of Bordeaux is the sacred home of Château Lafite Rothschild and Château Margaux. So it would seem unlikely that wines named
      NYT; PHOTO: NYT  -  1,048 words
    • Article, Illustration
      Lock icon Hamilton wins Austrian GP after ‘brainless’ crash
      533 28 REUTERS Spielberg, Austria LEWIS Hamilton was booed on the podium after a last-lap collision with Mercedes team mate Nico Rosberg handed the triple Formula One world champion a dramatic first Austrian Grand Prix victory on Sunday. Championship leader Rosberg, who had been in
      REUTERS; PHOTO: REUTERS  -  533 words
    • Article
      Lock icon Napoleon’s last horse to strut his stuff after makeover
      557 28 AFP Paris VISITORS to the Army Museum in Paris are being treated to the rare sight of two taxidermists at work restoring a stuffed horse the last one ridden by Napoleon Bonaparte. Le Vizir is a little worse for wear more
      AFP  -  557 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Lock icon Page 28 Miscellaneous Column 1
      371 28 CRYPTIC CROSSWORD Across 1 Bits of food terrible, about to be eaten gosh! (11) 9 Heartless denier of his friend, look (4) 10 An attractive number (11) 11 Don’t hunt him with dogs bring back the guns! (4) 14 Proceeded with difficulty, kitchen device having leaked (7) 16 The German
      371 words