The Business Times, 9 July 2016

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Total Pages: 41
1 32 The Business Times
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      56 1 BT LivingTHE BUSINESS TIMES WEEKEND JULY 9-10, 2016 DINING Geylang redux L5-7 LOVE SG, BUY SG Made-In-Singapore objets d’art enjoy a groundswell of support L2-3 HOME GARDEN Tree’s a charm L8-9 MOTORING Rollouts from Infiniti and Opel L14-15 GADGETS Hello, payphone L10-11 HEALTH Starving off aortic aneurysm L13 SPORTS SC
      56 words
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  • BT Living
    • LOVE SG, BUY SG
      • Article, Illustration
        Lock icon DESIGN PASAR MALAM
        884 2/3  -  There’s no better time than now to collect Made-in-Singapore objets d’art as local designers see a groundswell of support for their work. By Tay Suan Chiang taysc@sph.com.sg @TaySuanChiangBT SINGAPASAR, the design-centric weekend pasar malam was created last year to celebrate Singapore’s Golden Jubilee. But the response was
        PHOTOS: SINGAPASAR; vendor’s debut at a pop-up market.PHOTOS: SINGAPASAR  -  884 words
      • Article, Illustration
        Lock icon COLLABORATIVE DRAW
        933 2/3 IF you have friends from overseas in town, who are looking to buy souvenirs, you may want to direct them away from the shops selling tacky fridge magnets and instead lead them to K+ at Scotts Square, which stocks beautiful, locally designed items. K+ started in January 2015
        PHOTOS: KINETIC  -  933 words
      • Article, Illustration
        Lock icon OFFLINE PRESENCE
        769 4 IN a mere 16 months, homegrown design and lifestyle brand Naiise has grown from just an online presence into a group of six brick-and-mortar stores. Customers can still buy their de-sign-centric curated items online, but they can also do so at Westgate, Clarke Quay Central, Katong I12, Wheelock
        PHOTOS: NAIISE  -  769 words
    • DINING
      • Article, Illustration
        Lock icon Geylang revisited
        1764 5  -  The infamous red light district still retains part of its old seedy self, but a number of trendy new eateries opening up in recent years is drawing a younger crowd into its midst By Rachel Loi @RachelLoiBT rachloi@sph.com.sg Additional reporting by Sue-Ann Tan LATE night supper haunts, roadside
        Additional reporting by Sue-Ann Tan; PHOTO: YEN MENG JIIN  -  1,764 words
      • Article, Illustration
        Lock icon Japanese-inspired concept
        422 6/7  -  By Sue-Ann Tan THE Skewer Bar operates out of an ordi-nary-looking coffeeshop along Geylang Road but pop in and you’ll find Japanese craft beer and grilled oysters being served. Opened earlier this year by a group of five friends who have a “strong passion for the F&B business”
        422 words
      • Article, Illustration
        Lock icon A little French flair
        431 6/7  -  By Sue-Ann Tan suetan@sph.com.sg TUCKED away under an HDB block at Sims Place, opposite the bustling Sims Vista Market and Food Centre, is an unassuming eatery that sells ratatouille and carbonara. The Builders at Sims cafe offers a quiet, cosy respite from the hive of activity
        431 words
    • HOME & GARDEN
      • Article, Illustration
        Lock icon Tree’s the charm
        1130 8/9  -  Donna Chow is so enamoured of the woods that she uses them as a leitmotif to create a ‘woody wonderland’. personal space By Tay Suan Chiang taysc@sph.com.sg @T aySuanChiangBT AESTHETICS doctor and mummy blogger Donna Chow describes her home as a “woody wonderland”. Her three-storey intermediate terrace
        PHOTOS: YEN MENG JIIN, DONNA CHOW  -  1,130 words
    • GADGETS
      • Article, Illustration
        Lock icon HELLO, PAYPHONE
        2597 10/11  -  BT Weekend checks out all four contactless payment services available to smartphone users here. By Sherwin Loh By Sherwin Loh sherwinl@sph.com.sg @SherwinLohBT WITH the introduction of Android Pay here last week, Singapore is one of only three countries in the world to have all three major contactless payment
        2,597 words
    • BEAUTY
      • Article, Illustration
        Lock icon Plus-size models weigh in on beauty industry
        1188 12 Once shunned, curvy models are game changers in selling make-up noise.”NYT New York A PHOTO of Philomena Kwao elicits a guttural “oof,” as in: she’s so pretty it kind of hurts. Her eyes are serene but lively, her cheekbones and forehead elevated and
        noise.”NYT; PHOTOS: AFP, FILE  -  1,188 words
    • HEALTH
      • Article, Illustration
        Lock icon Beware that tummy and back pain
        1461 13  -  It may be a symptom of a serious condition known as aortic aneurysm Michael Lim ~Dr Lim is medical director at the Singapore Heart, Stroke Cancer Centre. He is a professor at Fudan University, Shanghai and vice-president of both the World Chinese Doctors Association
        1,461 words
    • MOTORING
      • Article, Illustration
        Lock icon New Infiniti hatch to drive growth
        686 14  -  The compact Q30 gives upgraders an opportunity to enter the luxury segment. By Samuel Ee samuelee@sph.com.sg THE new Q30 hatchback will drive global growth for the Infiniti brand but more importantly for Singapore, this premium compact model is Infiniti’s first COE Category A model.
        686 words
      • Article, Illustration
        Lock icon SUPERMINI ADAM
        570 15  -  The Opel Adam city car offers an alternative lifestyle. By Samuel Ee samuelee@sph.com.sg NOT everyone knows how big Adam Opel was but anyone can tell that the Opel Adam is a small but distinctive urban runabout. The Opel Adam is named after Adam Opel, the founder of the
        570 words
    • SPORTS
      • Article, Illustration
        Lock icon SC Global scores with tennis sponsorship
        1065 16  -  no holds barred Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Correspondent WHAT does a luxury property developer like SC Global Developments have to do with women’s professional tennis? Plenty, it seems, judging by how the local company is relishing every minute of its five-year sponsorship of the
        1,065 words
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      29 13 This series is brought to you by Heart, Stroke and Cancer Centre. It is produced on alternate Saturdays. ~To read more of Dr Lim’s previous health-related articles, visit: http://www.btinvest.com.sg/specials/shscc
      29 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon CONTENTS
      54 2 NEWS Top Stories 2-7 Raffles Conversation 8-9 Companies Markets 10-14 Real Estate 15-16 Banking Finance 17 Energy Commodities 18 Technology 19 Consumer 20 Transport 21 Govt Economy 22-25 Opinion 26-27 Wealth 28-30 Life Culture 31 LIVING Living L2-4 Dining L5-7 Home Garden L8-9 Gadgets L10-11 Style L12 Health L13
      54 words
    • Article
      Lock icon MARKETS
      136 2 HSTI 2,847.04 (-15.13) HSTI FUTURES 2,843.00 (-15.00) HSIMSCI 316.56 (-2.13) HSIMSCI FUTURES 316.10 (-1.80) STOCKS Friday Change KL COMP 1,644.54 -6.17 NIKKEI 225 15,106.98 -169.26 HANG SENG 20,564.17 -142.75 SET 1,455.65 -1.07 JAKARTA 4,971.58 -45.07 MANILA 7,771.52 +18.06 KOSPI 1,963.10 -10.98 SHENZHEN B 1,116.92 +2.23 MUMBAI 27,126.90 -74.59 11.50
      136 words
    • Article
      Lock icon Payrolls rise in June, most in eight months
      428 2 Figures suggest companies are staying the course on hiring in the face of weaker profits LATEST US DATA WP Washington AMERICA’S job market stirred to life in June as payroll growth accelerated by the most since October after a two-month lull, assuaging
      WP  -  428 words
    • Article
      Lock icon Parliament to discuss Brexit impact on S’pore
      451 3  -  Also on agenda are Panama Papers, Internet curbs in civil service, Bretton Woods changes By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore PARLIAMENT will sit again on Monday after a two-month break. Among the many issues on the agenda is the fallout from Britain’s decision
      451 words
    • Article
      Lock icon Temasek’s bold target could see it miss out on some solid assets
      400 3  -  COMMENTARY By Quentin Webb Hong Kong hit.Reuters IN A low-yield world, Temasek’s goals look increasingly aggressive. The US$180 billion Singapore state investor has just suffered its first down year since the financial crisis. The bigger issue is that
      hit.Reuters  -  400 words
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      Lock icon London likely to remain a financial hub: DBS CEO
      563 4  -  His belief is rooted in the city’s cosmopolitan appeal, and some legislative tools in its bag By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore DON’T bet against London losing its financial-hub status, said DBS chief executive Piyush Gupta on Friday, noting that the
      563 words
    • Article
      Lock icon Basel III rules may cause another property-fuelled crisis
      556 4  -  COMMENTARY By Christopher Langner Singapore Bloomberg PROPERTY was behind the last big financial crisis, and if the fallout from Brexit worsens, it may be behind the next. No wonder: real estate is an outsized part of banks’ books, whether through mortgage loans
      Bloomberg  -  556 words
    • Article
      Lock icon Brexit sale! On Savile Row, one suit becomes two
      359 4 well.Bloomberg London FEW things are as quintessentially British as a bespoke suit from London’s Savile Row, so how better to benefit from the UK’s economic turmoil than getting two for a bargain. On a stroll down the fashionable Mayfair street, the
      well.Bloomberg  -  359 words
    • Article, Illustration
      Lock icon Navigating the corporate world timidly
      1140 5  -  Tend to get tongue-tied and find social situations tough going? Take heart a little strategising can work wonders CUBICLE FILES By Vivien Shiao vshiao@sph.com.sg @VivienShiaoBT Singapore HAVE you ever attended a cocktail event and found yourself standing uncomfortably alone while everyone was mingling? Or stood
      1,140 words
    • Article, Illustration
      Lock icon Portugal out to spoil France’s party
      768 6  -  The French feel it is their destiny to win, but Portugal is peaking at the right time and may just be the party pooper EURO 2016 Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Correspondent AFTER 107 goals from 50 matches played in 10 stadiums in France over
      PHOTOS: AFP  -  768 words
    • Article, Illustration
      Lock icon Final flourish
      297 7 The winner of Euro 2016 will be crowned on Monday morning, when the host nation France meets Portugal in the final in Paris. The French are the big favourites, but a rapidly improving Portugal team will not be a pushover. Here is BT Weekend’s take on what you
      Images: AFP; Source: MTI, UEFA; BT Graphics: Dania Amiril, Hyrie Rahmat, Andrea Lee & Lee U-Wen  -  297 words
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      64 3 NOTICES EDUSOFT LIMITED (In Voluntary Liquidation) Company No. (*****79) NOTICE is hereby given pursuant to Section 204, subsection (1)(b) of the BVI Business Companies Act, 2004 that the Company is in voluntary liquidation. The voluntary liquidation commenced on 28th June, 2016. The Liquidator is SEE MEE LEE of 17 Tanjong
      64 words
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      Lock icon Page 3 Advertisements Column 2
      126 3 Good Class Bungalow Land Plots ggSjP&Jfff Plot A Site Area: Approx. 18,618 sq ft Plot B Site Area: Approx. 15,634 sq ft Total Site Area: Approx. 34,252 sq ft Freehold. Elevated land Enjoys approx. 42 metres of Nassim Road frontage Available as two individual plots or as a combined plot
      126 words
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      109 5 NOTICES LOST SHARE CERTIFICATE The following share certificates have been reported lost, destroyed or mislaid:Name of Company Certificate No. In the name of No. of Shares Neptune Orient Lines Limited *****70 Lim Chye Huat 1,000 *****75 -do-1,000 *****95 -do-1,500 *****08 Tan Bian Kian 1,000 *****27 -do-1,000 NOTICE IS HEREBY GIVEN
      109 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Time-honoured art of giving
      2078 8/9  -  Philanthropy cascades through the generations in the Myer family, as Rupert Myer, scion of the family that owns Australia’s largest department store group, attests to. By Nisha Ramchandani By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT IN AUSTRALIA, the Myer family name is synonymous with the nation’s largest department
      PHOTO: ARTHUR LEE  -  2,078 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon Swiber flags deferment of US$710m contract
      542 10  -  Client, believed to be RoyalGate Energy, proceeding with development project off West Africa but expects delay By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore SINGAPORE-listed offshore and marine (O&M) contracting group Swiber Holdings acknowledged, before stock trading began on Friday, that the delivery of a
      542 words
    • Article, Illustration
      Lock icon United Global above water in SGX debut
      326 10  -  By Gladys Yeo gladyeo@sph.com.sg Singapore SINGAPORE-based lubricant manufacturer and trader United Global closed above water on its Catalist board debut on Friday. It started trading at S$0.28, fell sharply to S$0.26 within the first half-hour of trading, but slowly recovered throughout the day.
      Source: Bloomberg  -  326 words
    • Article, Illustration
      Lock icon Top China fund manager putting half of his cash pile back in stocks
      530 10 levels.”Bloomberg Shanghai AT the end of 2015, a top China fund manager was so worried about the outlook for stocks that he held as much cash as he possibly could. Now, he’s loading up on equities. Qiu
      levels.”Bloomberg; economy.PHOTO: AFP  -  530 words
    • Article, Illustration
      Lock icon Weak oil prices add to Brexit woes, but STI unchanged for week
      735 11  -  STOCKS R Sivanithy sivan@sph.com.sg @RSivanithyBT Senior Correspondent According to conventional wisdom, it wasn’t “Brexit” fallout that dragged the Straits Times Index (STI) 15.13 points down on Friday to 2,847.04 but a 5 per cent plunge in oil prices.
      735 words
    • Article
      Lock icon Mergermarket rejects takeover interest: sources
      228 11 Bloomberg New York MERGERMARKET Group, the subscription financial news and data company owned by private equity firm BC Partners, rebuffed takeover interest it received over the past few months because of differences over valuation, people with knowledge of the matter said. Carlyle Group LP and
      Bloomberg  -  228 words
    • Article
      Lock icon Temasek puts US$3b in Avanda’s hedge fund-like vehicle
      363 11 each.Bloomberg Singapore TEMASEK Holdings put US$3 billion with a fund managed by Avanda Investment Management Pte, started last year by former GIC Pte senior executives. The state investment firm invested with the Avanda Global Multi-Asset Master Fund, which is managed by the
      each.Bloomberg  -  363 words
    • Article
      Lock icon STI STOCKS
      306 12 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 245 -4 248/243 253 209 6.3 6461.5 CapitaCom Trust 151.5 -2.5 153/150.5 155 122.5 5.7 4478.8 CapitaLand 299 unch 299/296 350 267 12 3 ***** CapitaMall Trust 216 -1 217/215 225 184.5
      306 words
    • Article
      Lock icon SGX ETFs Most Active
      105 12 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 288 -2 302 290/287 343/254 288/289 Lyxor Asia US$ US453 250 -/-497/388 440/466 66.1 DBXT MSRussia US$ US193 -3 200 195/192 206/129 192/193 IS MS INDIA US$ US695 -2 97 697/692 780/575 695/698 86.9
      105 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 12 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 7 4 0 1 0 2 8 4 Manufacturing 26 45 19 7 9 10 33 54 29 Commerce 15 18 13 3 6 2 18 24 15 Tpt/Stor/Comms 8 18 7
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      125 12 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 11,899 252 12,151 39,011 49 39,060 Manufacturing 86,186 101,798 187,984 73,832 6,764 80,596 Commerce 620,092 30,899 650,991 85,842 797 86,639 Tpt/Stor/Comms 101,380 786 102,166 224,692 73 224,765 Finance 31,219 77 31,296 168,961 11 168,971 Construction
      125 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 12 Jul 8 VALUE CLOSE BT OB/OS 2.00 -77.00 BT CADI -*****.00 -59.00 BT 10-day MA -*****.00 +1.00 FTSE ST Mid Cap 680.21 -4.74 FTSE ST Small Cap 388.75 -2.04 FTSE ST All Share 694.91 -3.17 FTSE ST China Top 159.47 -0.39 FTSE ST China 188.05 -0.61 FTSE
      77 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      79 12 VOL CLOSE($) CHANGE Asian Micro 548.9 0.010 -0.008 -44.44 Nico Steel 1,270.0 0.011 -0.004 -26.67 Equation 24,489.0 0.004 -0.001 -20.00 CPH 500.1 0.005 -0.002 -28.57 Jadason 27,193.8 0.024 +0.004 +20.00 Dapai Intl 9,761.4 0.010 +0.001 +11.11 Ellipsiz 7,187.0 0.390 +0.020 +5.41 Fuxing China 10.0 0.196 -0.024 -10.91 Hi-P
      79 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      798 12 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Jul 4 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) China Mining Intl 05-Jul-16 Dong Ling Ling Buy 22 0.62 71 0.05 93 0.06 Global Investments 05-Jul-16
      798 words
    • Article
      Lock icon COMMODITY FUTURES
      192 13 Jul-7 Price Net change change Last Trade Agricultural Jul-7 CBOT Soybeans (US cents/bu) 1054.25 -52.00 -4.70% 14/07/2016 CBOT Soybean Oil (US cents/lb) 29.73 -0.52 -1.72% 14/07/2016 CBOT Wheat (US cents/bu) 412.00 -3.75 -0.90% 14/07/2016 Jul-7 LIFFE Cocoa (£/tonne) 2549.00 24.00 0.95% 14/07/2016 LIFFE Coffee (US$/tonne) 1760.00 12.00 0.69%
      192 words
    • Article
      Lock icon PALM OIL
      57 13 Jul 8 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 16 2360.0 2320.0 2360.0 2350.0 25 1560 Aug 16 2293.0 2277.0 2332.0 2260.0 3673 ***** Sep 16 2265.0 2241.0 2280.0 2223.0 ***** ***** Oct 16 2260.0 2226.0
      57 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      63 13 Jul 8 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 99.26 5-Year NX*****X 2.250 01-Jun-21 104.18 104.28 104.20 10-Year NX*****F 2.125 01-Jun-26 103.76 103.95 103.75 15-Year NZ*****F 2.875 01-Sep-30 110.95 20-Year NZ*****V 3.375 01-Sep-33 119 30-Year NA*****H 2.750 01-Mar-46
      63 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 13 Jul 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0106 1.0120 0.7495 0.7500 Canadian dollar 1.0363 1.0374 0.7688 0.7685 Euro 1.4932 1.4945 1.1074 1.1076 NZ dollar 0.9780 0.9791 0.7253 0.7256 Sterling pound 1.7425 1.7448 1.2923 1.2931
      155 words
    • Article, Illustration
      Lock icon Straits Times Index
      5 13 Source: Bloomberg
      Source: Bloomberg  -  5 words
    • Article
      Lock icon BONDS, WARRANTS, PREFERENCE SHARES
      210 13 Most active Jul 8 Prem Expiry Last Vol Conv Exer Disc Gear- Mths Company Sale +or-('000) Ratio Price ing Left DBS MB eCW*****1 7.8 -0.2 7385 0.1 1620 3 OCBC Bk MBeCW*****4 7.1 -0.5 6413 0.1 820 3 STI 2650 MB ePW*****1 5.6 0.4 5300 0.0
      210 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INT’L INDICES
      377 13 In local curr In S$ In US$ dy yr dy yr dy yr Jul 7 Index Change Change Change Change Change Change World Preliminary 1248.0 0.2 -2.3 0.0 -6.0 0.2 -1.1 EAFE Preliminary 910.5 0.5 -10.2 0.4 -12.3 0.6 -7.8 Europe Preliminary 1311.7 0.9 -7.1
      377 words
    • Article, Illustration
      Lock icon STOCK MARKETS
      10 13 Source: Bloomberg Source: Bloomberg Source: Bloomberg Source: Bloomberg
      Source: Bloomberg  -  10 words
    • Article
      Lock icon Triyards Q3 profit falls 24% to US$4.1m
      364 14  -  But CEO says first nine months’ results indicate success of company’s diversification strategy By Choo Yun Ting yuntingc@sph.com.sg Singapore TRIYARDS Holdings, Ezra Holdings’ yard-operating subsidiary, has reported a 28 per cent increase in third-quarter revenue, but its net profit slumped 24 per cent
      364 words
    • Article, Illustration
      Lock icon Homegrown 4xLabs expands into Malaysia and Indonesia
      398 14  -  By J Lossini jlossini@sph.com.sg Singapore SINGAPORE-based startup, 4xLabs, has announced the second expansion of its Get4x service into Malaysia and Indonesia, bringing the total number of countries to five. Get4x, a location-based application, launched in 2012, allows consumers to search for the best
      PHOTO: AIDAN LOO  -  398 words
    • Article
      Lock icon Exit of Republic Plaza tenant not due to newer options
      279 14  -  LETTER TO THE EDITOR Belinda Lee (Ms) Head, investor relations corporate communications City Developments Limited WE refer to “Property circuit excited over 2 big deals for good reason” (BT, July 8). The article implied that The Bank of Tokyo-Mitsubishi UFJ
      279 words
    • Article
      Lock icon Corporate digest
      165 14 DBS Bank DBS Bank has completed a one billion yuan (S$202 million) bond deal for its client Chongqing Grain Group, a Chinese agri-commodities firm. DBS said it was the first time a Chongqing corporate has issued offshore renminbi bonds in Singapore and is able to repatriate the funds
      165 words
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Bangladeshi group pays S$135m for Centrium Square’s retail space
      651 15  -  Singapore vehicle of tycoon Mohd Saiful Alam paying S$4,967 psf for the freehold asset By By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore ALL the retail space of Centrium Square, which will come up on the current Serangoon Plaza site in Little India,
      651 words
    • Article
      Lock icon Errors in analyst’s report on SRX Property’s HDB data
      311 15  -  LETTER TO THE EDITOR Jeremy Lee Chief technology officer SRX Property (www.srx.com.sg) ONE of the analysts made several inaccurate statements about the technical aspects of SRX HDB indices versus those of the HDB statutory board in a story by Janice Heng
      311 words
    • Article
      Lock icon Tougher rules on lift, escalator upkeep to improve safety
      462 15  -  They include annual inspection by an independent examiner By Renald Yeo yrenald@sph.com.sg yrenald@sph.com.sg Singapore AS part of a series of measures to enhance lift and escalator safety and reliability, owners and contractors of those systems will face tougher maintenance regimes, industry
      462 words
    • Article
      Lock icon Househunt
      1259 16 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN MAY 25 AND MAY 31, 2016 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LANDAREA*(SQ FT) PRICE (S$’000) PSF (S$) District 15 NON-LANDED Amber Point Apt 31/05/2016 FH 1668 1950 1169 Cote D'azur Apt 27/05/2016 99 1109 1425 1285
      1,259 words
  • Page 15 Advertisements
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      Lock icon Page 15 Advertisements Column 1
      38 15 GOOD CLASS BUNGALOW CABLE ROAD *****/8600 sf 10 Carpark lots 30m frontage, beautiful land Vacant, privacy, quiet, nice garden Motivated seller Exclusive Marketing Agent K H Tan *****348 Newsman Realty Pte Ltd Estate Agt L*****98F CEA Reg R*****9A
      38 words
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon Triple jeopardy for Australia’s major banks
      828 17 They face headwinds in calls for more capital, threats to their credit ratings, and a sharp surge in political uncertainty creased supervision by regulators. Reuters Sydney AUSTRALIA’S big banks might have hoped for a better 2016 after raising a record A$20 billion (S$20.3 billion)
      creased supervision by regulators. Reuters; years.PHOTOS: REUTERS  -  828 words
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Lost generation of oil workers leaves few options for next boom
      868 18 Companies today are more judicious with layoffs as they try to keep seasoned technical staff premiums.Bloomberg New York THE oil industry is fighting a generation gap. Already contending with a global price slump, US explorers are also grappling with
      premiums.Bloomberg; PHOTO: BLOOMBERG  -  868 words
    • Article
      Lock icon Gold, eggs lure back Chinese speculators in commodities trade revival
      342 18 ery in trading volumes. Bloomberg Beijing CHINESE speculators aren’t done with commodities yet. Trading volume that cratered following steps by regulators to deflate a bubble in April has surged almost 90 per cent since last month and is back to
      ery in trading volumes. Bloomberg  -  342 words
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Hyperloop and flying cars add hype to Slovakia’s startup craze
      1148 19 After transforming itself into an automotive hub, a reverse ‘brain drain’ is taking hold in the country longer a startup, but I remember those times.” Bloomberg Prague AN hour’s drive from Bratislava, engineers are working up a prototype reminiscent of
      longer a startup, but I remember those times.” Bloomberg; PHOTO: REUTERS  -  1,148 words
  • Page 19 Advertisements
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      Lock icon Page 19 Advertisements Column 1
      50 19 HOT PROPERTY 3-STY SEMI-D, LAND: 2226sf Built: 3500sf, $350K A&A, Park 2 cars. Cosy and Nice. $3.xxM. 2½ STY SEMI-D. $3.xM. 4 rms 3650/ 3200 sqft. Nice gdn. Reno. Cosy. Near amenities. Serious seller. LANDED PROPERTIES FOR SALE Check out these properties and more in The Straits Times Classified now!
      50 words
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  • CONSUMER
    • Article, Illustration
      Lock icon Ralph Lauren follows Ford’s roadmap to turn itself around
      1426 20 It is facing growing competition, changing consumer tastes, slumping sales and profits NYT New York WHEN Ralph Lauren Corp recently unveiled a turnaround plan, calling it “The Way Forward”, it unwittingly invoked another all-American icon fallen on hard times: Ford Motor,
      NYT; everyone.PHOTO: NYT  -  1,426 words
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  • TRANSPORT
    • Article, Illustration
      Lock icon California mulls over pollution rule change as Tesla cries foul
      919 21 Analysts say changing the requirements now might spark a backlash other clean-air projects. Bloomberg Chicago CALIFORNIA’S effort to promote non-polluting vehicles is being thrown off kilter by a company that makes electric cars. The rapid growth of Tesla Motors Inc
      other clean-air projects. Bloomberg; PHOTO: REUTERS  -  919 words
    • Article
      Lock icon Lufthansa unit raises R&D spend to shore up market share, margins
      426 21 Bloomberg Frankfurt DEUTSCHE Lufthansa AG’s plane-servicing business, the German airline’s most profitable unit, is more than quadrupling research and development (R&D) spending to shore up its dwindling market share and fading margins. The Lufthansa Technik maintenance, repair and overhaul
      Bloomberg  -  426 words
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  • GOVERNMENT & ECONOMY
    • Article
      Lock icon IMF warns of euro area downside risks
      600 22  -  Brexit, the refugee surge and security concerns are expected to depress GDP growth By Anthony Rowley btworld@sph.com.sg Tokyo ECONOMIC recovery in the euro area has strengthened but the future of the bloc is strewn with risks, not least being Britain’s impending departure from
      600 words
    • Article, Illustration
      Lock icon Snipers kill 5 Dallas police officers in coordinated attack
      836 22 3 suspects arrested, 4th killed by bomb robot after stand-off Reuters Dallas AT least one sniper in Dallas killed five police officers and wounded seven more in a coordinated attack that ended when police used a bomb to kill a shooter
      Reuters; PHOTO: AFP  -  836 words
    • Article, Illustration
      Lock icon Seoul mayor Park arrives for four-day official visit
      585 23  -  He will speak at the biennial World Cities Summit on Sunday By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE mayor of Seoul, Park Won-soon, is in Singapore for a four-day visit from Saturday to Tuesday as the 54th Lee Kuan Yew Exchange Fellow.
      585 words
    • Article, Illustration
      Lock icon China’s Communist Party gets more say in state-owned enterprises
      918 24 Officials step up intervention in day-to-day operations but may conflict with market-oriented reforms resumes.Bloomberg Beijing CHINESE President Xi Jinping is putting more of the “state” in “state-owned enterprise” (SOE). Carmaker FAW Car Co, fibre producer Sinoma Science Technology Co and miner
      resumes.Bloomberg; decisions.PHOTO: BLOOMBERG  -  918 words
    • Article, Illustration
      Lock icon Sweden threatened by shadow economy
      1041 25 Cheap, undocumented, illegal immigrant labour is undercutting the Swedsish economic model Reuters Stockholm SWEDES rarely use cash, but building firm owner Piotr cannot get enough of the stuff. Every week, he spends hours racing from ATM to ATM using four credit cards to withdraw up
      Reuters; PHOTO: BLOOMBERG  -  1,041 words
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      Lock icon Page 23 Advertisements Column 1
      65 23 TIME TO VIE FOR A SPOT TO REPRESENT SINGAPORE AT THE WORLD AMATEUR GOLFERS CHAMPIONSHIP IN DURBAN, SOUTH AFRICA SINGAPORE QUALIFIERS presented by GOODIE BAG WORTH OVER $750 SINGAPORE QUALIFIERS 20, 26 JULY 2016 SIGN UP NOW www.tnp.sg/WAGC Ron Totton Division A Champion, 2015 SINGAPORE FINALS 2 AUGUST 2016 ENTRY
      65 words
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  • OPINION
    • Article, Illustration
      Lock icon China bank beatings reveal Asia-wide corporate culture flaw
      1440 26/27  -  Patriarchal and hierarchical leadership represses employee expression, contributions and initiative. By Joseph Baladi By Joseph Baladi ~The writer is the principal of BrandAsian and an adjunct faculty member at Singapore Management University. He can be contacted at jbaladi@brandasian.com ONGOINGtumultuousevents around the world
      PHOTO: BLOOMBERG  -  1,440 words
    • Article
      Lock icon Seeing the Mid-East through football
      821 26/27  -  The game is so popular that rulers try to commandeer it to enhance their prestige By John Gee ~John Gee is a Singapore-based freelance writer The Turbulent World of Middle East Soccer By James M Dorsey JAMES Dorsey is not a fan of football, and
      821 words
  • Page 26/27 Miscellaneous
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  • Wealth
    • WEALTH
      • Article, Illustration
        Lock icon Growing unease as British funds block withdrawals
        1124 28/29  -  Rush for the exits followed the unexpected decision by British voters to leave the European Union. By Landon Thomas Jr By Landon Thomas Jr NYT AS one British mutual fund after another bars its doors to fleeing investors, traders and regulators alike are
        NYT; PHOTO: REUTERS  -  1,124 words
      • Article
        Lock icon BROKERS’ TAKE
        395 28/29  -  Compiled by Claire Huang Singapore property/Reits Overweight UOB Kay Hian, July 8 RISING expectations of a prolonged low interest rate environment amid increased uncertainties as Brexit unfolds will see continued interest in property/reits (real estate investment trusts) in Singapore. The increase in the required return for the United
        395 words
      • Article, Illustration
        Lock icon Brexit’s impact on EM: Should we worry?
        1090 30  -  Asia and especially Latin America look likely to be insulated, unless Brexit sparks a more global crisis. By Keith Wade By Keith Wade ~The writer is Schroders’ chief economist and strategist IN any discussion of the economic and market outlook, even for emerging
        severe.PHOTO: BLOOMBERG  -  1,090 words
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  • LIFE & CULTURE
    • Article, Illustration
      Lock icon Echoes of Lost Empires on the catwalk
      763 31 The creations are not beholden to any particular time period, but rather taking bits from many NYT Paris THERE they were, the petites mains, bent over their pattern tables, kneeling by a hemline, sewing, cutting, basting: 78 of the unheralded artisans of the
      NYT; PHOTOS: AFP  -  763 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      350 31 CRYPTIC CROSSWORD Across 6 Source of power in Rome gone, displaced (6-4) 8 Reportedly useless means for gauging wind (4) 9 Law operative given a lead? (6,3) 11 Online reference for short golf course (4) 12 Fool that may be picked, critically (3) 13 Utter it, for instance, going to
      350 words
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      Lock icon Page 32 Advertisements Column 1
      110 32 TO BREAK THE RULES, YOU MUST FIRST MASTER THEM. THE VALLÉE DE JOUX. FOR MILLENNIA A HARSH, UNYIELDING ENVIRONMENT; AND SINCE 1875 THE HOME OF AUDEMARS PIGUET, IN THE VILLAGE OF LE BRASSUS. THE EARLY WATCHMAKERS WERE SHAPED HERE, IN AWE OF THE FORCE OF NATURE YET DRIVEN TO MASTER
      110 words