The Business Times, 11 July 2016
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2016-07-11
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The Business Times
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Title Section22 2016-07-11 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 GMonday, July 11, 201622 words
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Article, Illustration189 2016-07-11 1 Australia’s Prime Minister Malcolm Turnbull has declared victory for the ruling conservatives after the Labor opposition conceded defeat. TOP STORIES 2 Minister for National Development Lawrence Wong highlighted three key considerations that Singapore takes into account in its urban planning. TOP STORIES 4 Facebook says it will begin189 words
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Article25 2016-07-11 1 Weekly Change STI 2,847.04 +0.67 KL COMP 1,644.54 -1.68 NIKKEI 225 15,106.98 -575.50 HANG SENG 20,564.17 -230.20 SHENZHEN B 1,116.92 +9.73 DOW 18,146.74 +197.3725 words
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Article, Illustration1494 2016-07-11 1 Cai Haoxiang - Brexit throws up interesting punts but caution still rules With more uncertainty to come, analysts say there’s no hurry to buy UK and European assets By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore DON’T jump in just yet. With the sterling down 10-15 per cent after Britain voted to leave the EuropeanCompiled from Bloomberg at 7.30pm, July 8, 2016. - 1,494 words
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Article, Illustration699 2016-07-11 1 Andrea Soh - President Tony Tan unveils Climate Action Plan to cut emissions, adapt to climate shifts By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore CITIES have to take the lead in finding solutions to address challenges brought about by changing weather patterns, said PresidentSource: National Climate Change Secretariat - 699 words
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Page 1 Advertisements
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Advertisement27 2016-07-11 1 8 "887 1 8 1 *****1 TI1E BUSINESS TIMES DOING THE RESPONSIBLE THING CEOs give their views on sustainability reporting VIEWS FROM THE TOP PAGES 14 1527 words
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Advertisement9 2016-07-11 1 TOPLINE Gearing up fora digital future COMPANIES MARKETS 69 words
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Advertisement25 2016-07-11 1 WALL STREET INSIGHT Investors see danger despite S&P 500 nearing record highs top stories 2 NEW RESTAURANT Bochinche: Argentinian fare comes to town PAGE 3125 words
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Advertisement8 2016-07-11 1 What S’pore considers when urban planning, Page 48 words
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TOP STORIES
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Article, Illustration600 2016-07-11 2 This is despite the project at Woodlands Avenue 12 collecting 240 e-applications Singapore ONLY 20-odd units at Northwave have been sold on the first day of sales, despite the 358-unit executive condominium (EC) project collecting 240 e-applications. This is a600 words
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Article, Illustration681 2016-07-11 2 AFP Sydney AUSTRALIA’S Prime Minister Malcolm Turnbull on Sunday declared victory for the ruling conservatives after the Labor opposition conceded defeat, but faced a tough time ahead after the narrow mandate in the closely fought election. The declaration ended eight days ofAFP - 681 words
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945 2016-07-11 2 Rob Curran - WALL STREET INSIGHT By Rob Curran btworld@sph.com.sg US STOCKS rose last week and came within an inch of all-time highs as bulls discarded worries about the European Union (EU) and concentrated on the strong June jobs report. But rumblings in the945 words
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Article, Illustration834 2016-07-11 2 Anthony Rowley - By Anthony Rowley btworld@sph.com.sg Tokyo JAPANESE Prime Minister Shinzo Abe’s ruling coalition appeared headed for a landslide victory in Sunday’s upper house election, exit polls showed after voting closed on a critical event that could swing the balance of militaryconstitution. PHOTO: AFP - 834 words
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Article, Illustration727 2016-07-11 4 Grace So - COMPANY OF GOOD By Grace So graceso@sph.com.sg Singapore SWENSEN’S parent firm ABR Holdings is bringing “treats to everyone in the family”, including less fortunate families who often need more than just free ice cream and cakes. ABR is no stranger727 words
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639 2016-07-11 4 Lee Meixian - Minister spells out factors at the World Cities Summit Mayors Forum where city leaders pledge support to make their cities resilient and identify areas of action By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore MINISTER for National Development Lawrence Wong on Sunday highlighted three key considerations639 words
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Article, Illustration370 2016-07-11 4 NISHA RAMCHANDANI; KENNETH LIM - Coalition forces invade Iraq; Asean agrees on economic integration. The Business Times has been there to report and analyse the most significant news since 1976. Every week, this feature will showcase excerpts from the biggest stories for each year that the paper has beenBT Graphics: Dania Amiril - 370 words
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Advertisement2247 2016-07-11 3 ADVERTORIAL The numbers are starting to make sense Data analytics is making a difference by changing mindsets and providing the intelligence for better “decision-making” across the public and private sectors, say infocomm leaders From knowing customers better at the very moment they transact to predicting when a building’s air-conditioner needs2,247 words
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Advertisement191 2016-07-11 4 Reaching out to 1.9 Billion People Nb 7^ ''zr «t' ■'M f«S I -try* 'i* c c. Welcome to the 13 th China-ASEAN Expo September 11 th 14 th 2016 Nanning, China 5 major pavilions for commodity trade, investment cooperation, advanced technology, trade in services and cities of charm Showcasing191 words
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WEALTH PLANNING
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Article, Illustration767 2016-07-11 5 FRANCIS KAN - More family businesses are implementing governance structures that lay the ground rules to keep work and personal matters separate. BY FRANCIS KAN RUNNING a family business comes with a set of unique issues that other forms of enterprises do not have to deal with. ForemostSource: Family Business Review; PHOTO: FREEIMAGES - 767 words
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218 2016-07-11 5 THE Three-Circle Model of the Family Business System was developed at Harvard Business School by professors Renato Tagiuri and John A Davis in the 1970s. It describes and explains the family business system at a single point in time. This makes it218 words
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Advertisement117 2016-07-11 5 Q BANKOFSINGAPORE Asia's global private bank What can we give a man who has everything? 0 B 1 i 4 •5. (U- > k We give him time to be a student again. You've come this far and achieved so much. Now it's time to pursue the interests that matter117 words
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COMPANIES & MARKETS
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Article, Illustration1040 2016-07-11 6 TAN EFFIE - Boardroom aims to stay ahead of the competition by taking on technologies that enable it to serve clients better. TOPLINE BY TAN EFFIE taneffie@sph.com.sg DESPITE being a leader in the corporate and advisory services sector, mainboard-listed Boardroom Ltd is not resting on its laurels.PHOTO: YEN MENG JIIN - 1,040 words
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Article, Illustration947 2016-07-11 7 VICTOR YEO - The law imposes a duty on a company’s directors to look after the interests of its creditors. BOARDROOM MATTERS BY VICTOR YEO T The writer is a member of the Brand and Communications Committee of the Singapore institute of Directors947 words
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1850 2016-07-11 7 Robert Halili - INSIDE MARKETS By Robert Halili T The writer is managing director, Asia insider Limited BUYING by directors fell during the holiday-shortened week of July 4 to 8: Twelve companies recorded 18 insider purchases worth S$0.76 million. The figures were sharply down from1,850 words
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Article, Illustration63 2016-07-11 8 STI Catalist WEEKLY Straits Times Index July 8,2016 2,847.04 +0.67 (+0.02%) Current streak 3 days Week high 2,870.56 Week low 2,847.04 52-week high 3,353.45 (July 17, 2015) 52-week low 2,539.95 (Feb 12, 2016) FTSE ST Catalist index July 8,2016 459.35 +14.73 (+3.31%) Current streak 1 day Week high 461.90 Week63 words
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Article73 2016-07-11 8 BY CENTS CLOSE UP 52w high/low DBXT Nifty50 ETF10 ***** 292.6 1.8 *****/***** GLD US$ ***** 271.0 1.6 *****/***** Lyxor Indonesia US$ 8491 213.1 1.9 8491/6250 DBXT ASX200 US$ 3362 156.4 3.6 3559/2900 DBXT Vietnam US$ 2451 93.0 2.9 2786/2017 BY PERCENTAGE CLOSE UP 52w high/low InnoPac 0.2 100.073 words
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Article75 2016-07-11 8 BY CENTS CLOSE DOWN 52w high/low DBXT AUDCS SG$ ***** -494.0 -2.1 *****/***** DBXT MSEurope US$ 5046 -183.4 -2.6 6064/4770 DBXT E50 US$ 4130 -176.6 -3.1 5242/3918 DBXT China50 US$ 2790 -85.0 -2.2 3500/2355 Prudential USD 1690 -80.9 -3.4 2500/1680 BY PERCENTAGE CLOSE DOWN 52w high/low AP Strat W*****975 words
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Article79 2016-07-11 8 VOL CLOSE($) CHANGE Asian Micro 548.9 0.010 -0.008 -44.44 Nico Steel^ 1,270.0 0.011 -0.004 -26.67 Equation 24,489.0 0.004 -0.001 -20.00 CPH 500.1 0.005 -0.002 -28.57 Jadason^ 27,193.8 0.024 +0.004 +20.00 Dapai Intl^ 9,761.4 0.010 +0.001 +11.11 Ellipsiz 7,187.0 0.390 +0.020 +5.41 Fuxing China 10.0 0.196 -0.024 -10.91 Hi-P79 words
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Article, Illustration608 2016-07-11 8 R Sivanithy - STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT CRITICS of the local market have often labelled it as “boring” and “too small” compared to other, supposedly more exciting and undeniably larger markets like Hong Kong and China. Yet being small and/or boring has its608 words
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Article306 2016-07-11 8 Stock name Close Change Wk high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 245 -1 250/243 253 209 6.3 6461.5 CapitaCom Trust 151.5 +1.5 155/150 155 122.5 5.7 4478.8 CapitaLand 299 -9 309/296 350 267 12 3 ***** CapitaMall Trust 216 -1 220/213 225 184.5306 words
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Article36 2016-07-11 8 VOLUME Noble R 1,651,298,400 Noble 559,817,000 Anchor Resources 164,848,500 CNMC Goldmine 139,376,000 Spackman 118,311,600 Market volume 8,374,913,000 VALUE Singtel 439,068,751 DBS Grp 248,992,775 UOB 221,505,193 OCBC Bank 147,440,415 Noble R 129,235,016 Market value 4,081,507,00036 words
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Article77 2016-07-11 8 Jul 8 VALUE CLOSE BT OB/OS 2.00 -77.00 BT CADI -*****.00 -59.00 BT 10-day MA -*****.00 +1.00 FTSE ST Mid Cap 680.21 -4.74 FTSE ST Small Cap 388.75 -2.04 FTSE ST All Share 694.91 -3.17 FTSE ST China Top 159.47 -0.39 FTSE ST China 188.05 -0.61 FTSE77 words
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Article109 2016-07-11 8 Fund Last sale +/-(‘000) Wk high/low 52w high/low Buy/Sell Mcap STI ETF 288 -1 1748 293/287 343/254 288/289 IS MS INDIA US$ US695 -3 538 703/691 780/575 695/698 86.9 GLD US$ US***** +201 325 *****/***** *****/***** *****/***** 67.1 DBXT MSRussia US$ US193 -4 320 196/192 206/129109 words
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Article133 2016-07-11 8 COMPANY MEETING PLACE DATE TIME Capitaland Comm Tr E The Star Gallery (Lvl 3) The Star Performing Arts Centre 1 Vista Exchange Green 13-Jul 2.30pm Intl Healthway Corp A The National University of Singapore Society E Kent Ridge Guild House 13-Jul 10.30am Delivery Room 9 Kent Ridge Drive133 words
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Article, Illustration36 2016-07-11 8 STI FTSE ST All-Share WEEKLY ftse ST All-Share index July 8,2016 694.91 +0.44 (+0.06%) Current streak 3 days Week high 699.81 Week low 694.91 52-week high 801.81 (July 17, 2015) 52-week low 629.34 (Feb 12, 2016)36 words
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Article, Illustration34 2016-07-11 8 STI MSCI EAFE WEEKLY MSCI EAFE index July 8,2016 1,592.10 -28.53 (-1.76%) Current streak 2 days Week high 1,619.46 Week low 1,573.30 52-week high 1,889.53 (July 17, 2015) 52-week low 1,492.43 (Feb 12, 2016)34 words
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Article186 2016-07-11 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 9 3 0 1 0 5 10 3 Manufacturing 47 58 27 16 14 9 63 72 36 Commerce 24 27 14 5 12 2 29 39 16 Tpt/Stor/Comms 16 14 8186 words
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Article125 2016-07-11 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 50,777 6,607 57,384 166,120 1,335 167,455 Manufacturing 342,584 283,020 625,604 385,127 11,484 396,611 Commerce 2,367,068 157,588 2,524,656 397,531 5,064 402,595 Tpt/Stor/Comms 447,874 11,591 459,465 786,496 1,089 787,585 Finance 116,373 262 116,635 686,050 34 686,084 Construction125 words
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894 2016-07-11 8 COMMODITIES BLOOMBERG New York US STOCKS jumped, pushing the S&P 500 Index within striking distance of an all-time high, and the dollar headed for a weekly gain after a surge in hiring alleviated concern about the strength of the world’s largest economy.BLOOMBERG - 894 words
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400 2016-07-11 9 CURRENCIES AFP Geneva SWITZERLAND’S central bank will react with “flexibility” to the shifting economic realities following Britain’s vote to leave the European Union, its chief said in a newspaper interview published on Sunday. “The question for Switzerland is to figure out how to adaptAFP - 400 words
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FOREX RATES
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Article471 2016-07-11 9 Jul 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.975 5.014 0.677 5.816 50.514 98.423 0.754 8.682 3.028 1.033 78.521 35.354 1.011 11.048 0.734 24.215 26.421 0.580 0.750 Canada 1.025 5.141471 words
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Article155 2016-07-11 9 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 1.2931155 words
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Article22 2016-07-11 9 Jul 8 S$ Bid Offer 1-month 1.3485 1.3496 2-months 1.3488 1.3499 3-months 1.3490 1.3503 6-months 1.3501 1.3512 Source: OCBC22 words
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Article984 2016-07-11 9 Jul 8 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Jul16 9365.00 9412.50 9317.50 9357.50 ***** *****1 Aug16 9375.00 9387.50 9300.00 9335.00 1204 5479 NIKKEI 225 INDEX FUTURES Sep16 *****.00 *****.00 *****.00 *****.00 ***** *****2 Dec16 *****.00 0 5946 MSCI TAIWAN INDEX FUTURES984 words
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Article219 2016-07-11 9 Jul 8 $S Offer Bid 0vernight 0.03 0.01 1-month 0.6875 0.5625 2-months 0.8750 0.7500 3-months 0.9375 0.8125 Overnight mode: 0.01 US$ Offer Bid 7 days 0.52 0.42 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 12219 words
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Article252 2016-07-11 9 Jul-8 Price Net change change Last Trade Agricultural Jul-8 CBOT Soybeans (US cents/bu) 1089.75 35.50 3.37% 14/07/2016 CBOT Soybean Oil (US cents/lb) 30.27 0.54 1.82% 14/07/2016 CBOT Wheat (US cents/bu) 420.75 8.75 2.12% 14/07/2016 Jul-8 LIFFE Cocoa (£/tonne) 2546.00 -3.00 -0.12% 14/07/2016 LIFFE Coffee (US$/tonne) 1795.00 35.00252 words
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Article, Illustration1039 2016-07-11 10 These offer ability not just to make recordings but to broadcast events as they unfold NYT New York AFTER back-to-back killings of black men by police officers last week, scores of African-Americans declared on social media that theyNYT; PHOTO: AFP - 1,039 words
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Article238 2016-07-11 10 Jul 8 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 Asia238 words
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423 2016-07-11 10 BLOOMBERG New York HAS China bitten off more than it can chew when it comes to making chips? That’s where Orbotech Ltd comes in: to make sure the billions are well spent. Orbotech makes inspection and repair tools that help factoriesBLOOMBERG - 423 words
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Article681 2016-07-11 10 Payment Ex Rec Pay Ann (cts) date date date date 8Telecom Intl Hldgs 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 Tech681 words
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Article1217 2016-07-11 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 9.35 0.92 0.64 AIMS AMP Cap Industrial Reit 1.00 1.00 4 0.11 13.04 1.50 1.42 ARA Asset Mgt 1.25 1.25 2 0.081,217 words
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Article2046 2016-07-11 12 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E $mil Company Last Sale vol ('000) High week 151 127 AIMSAMP Cap Reit 142 +3 1678 142 139.5 0.9 8 903.8 Div 169.8 101 ARA Asset Mgmt 137.5 -0.5 1105 1402,046 words
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Article379 2016-07-11 12 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale vol ('000) High 0.9 0.2 t Advanced Systems 0.2 unch 202 0.2 0.2 5.3 Low Div C'vr 19.9 8.3 t Anchor Resources 14.7 +3.1 *****8 15 11.7 41.1379 words
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Article170 2016-07-11 12 52-Wk Last Vol Week Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 1290 991 CIMBASEAN40 S$D 1159 +10 0 1159 1159 941 700 CIMBASEAN40 US$ US853 +8 28 855 845 133.8 3500 2355 DBXT China50 US$ US2790 -63 40 2880170 words
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Advertisement29 2016-07-11 6 RECRUIT Blow your own trumpet Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 998829 words
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Advertisement16 2016-07-11 7 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices16 words
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Advertisement37 2016-07-11 7 T For more articles go to btd.sg/BMatters AccountStaff A Stone Forest Company '"rsm RETAIL Accounting We Take Away Your Pain Points Processing voluminous invoices payments Reconciliation of receipts collections End-to-end accounting www.AccountStaff.com.sg lnfo($AccountStaff.com.sg T +65 6594 794637 words
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Advertisement9 2016-07-11 8 For full listings of SGX prices, go to http://btd.sg/BTmkts9 words
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Advertisement94 2016-07-11 12 SGX^ Research like a pro. Try out SGX StockFacts The free research and stock fundamentals portal dedicated to SGX-listed companies Singapore Exchange sgx.com/stockfacts This advertisement has been published for general circulation only. It is not an offer or solicitation to buy or sell, nor financial advice or recommendation, in relation94 words
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REAL ESTATE
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Article, Illustration768 2016-07-11 13 Landlords have granted concessions in 9.7% of all new deals, the highest share for June in more than five years New York MANHATTAN renters left their apartments in search of better deals last month, pushing back against landlord price increasesFILE PHOTO - 768 words
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Article, Illustration529 2016-07-11 13 BLOOMBERG Seoul A 20 TRILLION won (S$23 billion) stimulus boost couldn’t have come at a better time for Korean builder stocks languishing near 11-year lows. Hyundai Development Co Engineering Construction and GS Engineering Construction Corp rose 3 per centBLOOMBERG; PHOTO: REUTERS - 529 words
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Advertisement1793 2016-07-11 13 FREE MODERN SILK ROAD ISKANDAR INVESTMENT (RM220 BILLION FDI) SEMINAR 11 BROUGHT TO YOU BY: C A MANAGEMENT CONSULTING PTE LTD Speaker taJF A: 30 years of Consulting Experience CP Chong CA(S) CA(M) FCCA(UK) ACMA(UK) ACIS(UK) ■lUVY- (30^«|fi^)«|i5J^) Date and Time 0S02&Ht|Bj: IS July 2016 (FRI) 10am to 1pm (English)1,793 words
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VIEWS FROM THE TOP
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Article, Illustration2947 2016-07-11 14 THIS WEEK’S TOPIC What challenges and/or opportunities do you see in sustainability reporting? Philip Levinson CEO and Executive Director Cambridge industrial Trust Management SUSTAINABILITY reporting may seem challenging at first as the framework is new and to a great extent subjective in nature. Sustainability reporting alsoREUTERS - 2,947 words
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Advertisement88 2016-07-11 15 The full list of views from CEOs is available at http://businesstimes.com.sg The ONE App INVEST anywhere, everywhere Markets Covered Singapore Malaysia Indonesia Thailand Hong Kong US Australia Download Win! Stand a chance to win a Samsung Galaxy S7 edge or iPhone 6s when you download and use ShareInvestor Mobile. 288 words
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BT-CITIBANK YOUNG INVESTORS’ FORUM
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Article, Illustration2462 2016-07-11 16 While similar exit referendums are not likely to be held in Europe, anti-EU parties are gaining power in the continent Following the surprising Leave outcome in the UK’s referendum on European Union (EU) membership on June 23, we regard it as likely that the UK willPHOTO: AFP - 2,462 words
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Advertisement105 2016-07-11 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 to105 words
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RSA CONFERENCE 2016
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Article, Illustration2084 2016-07-11 17 Roundtable participants: Chris Richter, senior vice-president of global security services. Level 3 Communications, a global technology company Etay Maor, executive security adviser, IBM Security Bryce Boland, chief technology officer for Asia-Pacific at FireEye Alex Holden, chief information security officer, Hold Security Moderator: Narendra Aggarwal2,084 words
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Advertisement178 2016-07-11 17 I Don t miss Closing Keynote Speaker Sir Bob Geldof! Musician, Businessman, Activist I A Connect to Protect Connect with the best minds in information security. Join infosec professionals and industry leaders at RSA Conference 2016 Asia Pacific Japan. Over the course of three days, you'll gain the latest knowledge,178 words
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BANKING & FINANCE
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Article, Illustration780 2016-07-11 18 Its share price has slid to new lows, fuelling concerns about the health of the institution; the IMF has described the German lender as a “systemic” risk to global finance AFP Frankfurt DEUTSCHE Bank once epitomised the best of Germany’s financial sector, shining brightlyAFP; PHOTO: AFP - 780 words
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986 2016-07-11 18 NYT New York IT’S a frustrating fact of life for many mutual fund investors: Even if they are distressed by outsize executive compensation at public companies whose shares they indirectly own, chances are good that the votes cast by theirNYT - 986 words
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Advertisement9 2016-07-11 18 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices9 words
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ENERGY & COMMODITIES
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601 2016-07-11 19 The Pentagon is finding that clean power helps the US military execute its mission in big and small ways; it is now a major player WP Washington A MAJOR player in US renewable energy happens to be a five-sided building in Virginia usually associatedWP - 601 words
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Advertisement1904 2016-07-11 19 JASPER INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) (Co. Reg. No. *****0983H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Level 27, Ocean Financial Centre, 10 Collyer Quay, Singapore *****5 on Tuesday, 26 July 2016 at1,904 words
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TECHNOLOGY
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Article, Illustration1201 2016-07-11 20 Redfin’s CEO has defied the industry’s conventional wisdom by hiring full-time agents Seattle WHEN Glenn Kelman became the chief executive of his online real estate startup, he defied the tech industry’s conventional wisdom about how to grow. Instead of hiring independent contractors,PHOTO: NYT - 1,201 words
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Article, Illustration737 2016-07-11 20 said.NYT Menlo Park, California TWO years ago, Messenger, a photo and text messaging service, appeared to be almost an afterthought at Facebook, the social networking giant. Messenger often took a back seat to the limelight enjoyed by WhatsApp, thesaid.NYT; PHOTO: NYT - 737 words
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Advertisement1415 2016-07-11 20 NOTICES HIAP TONG CORPORATION LTD. Company Registration No. *****0657N Incorporated in the Republic of Singapore NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Eighth Annual General Meeting (“AGM”) of Hiap Tong Corporation Ltd will be held at Raffles Marina Ltd, Chartroom, 10 Tuas West Drive, Singapore *****4,1,415 words
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Advertisement1993 2016-07-11 21 oa jj BOUSTEAD! Since 1828 BOUSTEAD SINGAPORE LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****1036K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Boustead Singapore Limited (the “Company”) will be held at Room MR331, Level 3, Suntec Singapore Convention and1,993 words
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Advertisement3070 2016-07-11 21 JASON MARINE GROUP LIMITED Company Registration No.: *****6601W (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN thatthe Annual General Meeting (“AGM”) of Jason Marine Group Limited (the “Company”) will be held at 194 Pandan Loop, #05-27 Pantech Business Hub, Singapore *****3 on Tuesday,3,070 words
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CONSUMER
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513 2016-07-11 22 REUTERS New York WELLCARE Health Plans Inc and Centene Corp have made competing offers for the Medicare Advantage insurance plans that Aetna Inc is looking to shed as its seeks clearance for its acquisition of Humana Inc, people familiar with the matter said.REUTERS - 513 words
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Article, Illustration475 2016-07-11 22 thropic pledge after Jack Ma’s. REUTERS Hangzhou LAWSUITS and investigations are an opportunity for Alibaba Group Holding Ltd to be better understood, founder and executive chairman Jack Ma said in an interview on Saturday. The US Securities and Exchange Commissionthropic pledge after Jack Ma’s. REUTERS; PHOTO: REUTERS - 475 words
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771 2016-07-11 22 WP Tokyo “INFRA-TOURISM”, or sightseeing at large-scale infrastructure utilities such as dams, bridges and roads, is gaining popularity. Visitors can enjoy dynamic views such as the thunderous discharge of water at a dam, or a suspension bridge from high above, while also learning about the rolesWP - 771 words
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Advertisement9 2016-07-11 22 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices9 words
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Advertisement621 2016-07-11 23 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HIGH-5 FOOD (S) PTE LTD (IN PROVISIONAL LIQUIDATION) (COMPANY REGISTRATION NO. *****0016M) NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATORS Take notice that Messrs Sajjad Ahmad Akhtar and Chin Sek Peng Michael, both care of 6 Shenton Way621 words
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Advertisement3514 2016-07-11 23 TriTech TRITECH GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****9330R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 8th Annual General Meeting of the Company will be held at 31 Changi South Avenue 2, Singapore *****8 on Tuesday, 26 July 2016 at 2.303,514 words
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Advertisement3245 2016-07-11 24 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices YOMA STRATEGIC HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****0185E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of YOMA STRATEGIC HOLDINGS LTD. (the “Company”) will be held at3,245 words
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Advertisement33 2016-07-11 24 Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices33 words
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Advertisement3650 2016-07-11 25 OLD CHANG KEE LTD. (Incorporated in the Republic of Singapore on 16 December 2004) (Company Registration No. *****6190W) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the annual general meeting (“AGM”) of the Company will be held at Republic Polytechnic, 9 Woodlands Avenue 9, Singapore *****4, Lecture Theatre3,650 words
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Advertisement2980 2016-07-11 25 EUROSPORTS GLOBAL LIMITED (Incorporated in Singapore) (Registration No. *****0284Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of EuroSports Global Limited (the “Company”) will be held at Raffles Hotel Singapore, Casuarina Suite A, Level 3, 1 Beach Road, Singapore *****3 on Thursday 28 July2,980 words
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GOVERNMENT & ECONOMY
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807 2016-07-11 26 Public health insurance is wide-reaching, but the coverage is basic REUTERS Shanghai AS China’s medical bills rise steeply, outpacing government insurance provision, patients and their families are increasingly turning to loans to pay for healthcare, adding to the country’s growing burden ofREUTERS - 807 words
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Article, Illustration427 2016-07-11 26 REUTERS Hanoi VIETNAM’S economic growth in 2016 is expected to slow to 6.2-6.3 per cent, after expanding last year at the fastest pace in eight years, as export and industrial production growth is projected to fall short of target, a government officialREUTERS; PHOTO: BLOOMBERG - 427 words
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326 2016-07-11 26 AFP Hong Kong HONG Kong’s leader on Sunday blamed a huge rise in rubbish blighting the city’s beaches on refuse washed ashore from the mainland, and pledged talks with Chinese authorities to stem the tide. Environmentalists have posted images on socialAFP - 326 words
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Article, Illustration683 2016-07-11 28 June consumer inflation under official 2016 target of 3%, indicating persistently weak domestic demand REUTERS Beijing SOFT Chinese inflation and G-20 concerns that the global recovery remains grim are hardening views among some economists that more government stimulus will beREUTERS; PHOTO: REUTERS - 683 words
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Article, Illustration975 2016-07-11 28 NYT Serang, Indonesia LYING on the floor against a gym bag full of clothes in a two-room shack in the West Java town of Serang, Saeni tried to explain how her life had been turned upside down, but she fainted beforeNYT; PHOTO: KEMAL JUFRI/THE NEW YORK TIMES - 975 words
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507 2016-07-11 28 AFP Shanghai THE world’s top 20 economies will work to boost sluggish global trade despite growing protectionism, overcapacity concerns and uncertainty over “Brexit”, G-20 trade ministers said on Sunday at a meeting in Shanghai. “The global recovery continues but it remainsAFP - 507 words
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699 2016-07-11 28 AFP New Delhi BRITAIN’S vote to leave the European Union and simmering discontent in other Western countries is seen as hastening the arrival of an “Asian Century”, analysts say, led by the rise of China and India. By 2050,AFP - 699 words
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Advertisement9 2016-07-11 26 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices9 words
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Advertisement3886 2016-07-11 27 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices BOUSTEAD PROJECTS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****3900E) EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of Boustead Projects Limited (the “Company”) will be held at Room MR331, Level 3,3,886 words
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TRANSPORT
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Article, Illustration566 2016-07-11 29 Certification clears way for transport planemaker to retrofit engines on existing planes with a modified part legacy aircraft,” the company said. REUTERS Raf Fairford, England EUROPEAN authorities have certified an interim fix for a power gearbox issue with engines on Airbuslegacy aircraft,” the company said. REUTERS; PHOTO: REUTERS - 566 words
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269 2016-07-11 29 REUTERS Farnborough, England GERMAN airline Germania is close to placing an order with European planemaker Airbus for around 25 A320-family jets, two industry sources said. The privately-held German carrier operates a mixed fleet of Airbus and Boeing jets, but has saidREUTERS - 269 words
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262 2016-07-11 29 REUTERS Stuttgart PORSCHE aims to keep its profit margin running at a double-digit percentage of sales in the coming years, chief executive Oliver Blume said last Friday, benefiting from more efficient production while boosting spending on its first all-electric car. The Volkswagen-ownedREUTERS - 262 words
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Advertisement131 2016-07-11 29 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 Ron Totton Division A Champion, 2015 SINGAPORE QUALIFIERS presented by GOODIE BAG WORTH OVER $750 Get a Ice Chrono Electrik Watch worth $300, Golfing Vouchers from The131 words
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Advertisement1925 2016-07-11 30 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) CIW PGU SIN PKL JKT SUR GENIUS STAR I 001 60 21/7 24/7 26/7 CALMY CORAL 103 60 26/71,925 words
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Advertisement244 2016-07-11 30 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 188 PRW203 07/07/2016 08/07/2016 Perawang/Perawang DAILY Marco Polo 128 BST019 07/07/2016 08/07/2016 Buatan/Buatan DAILY Marco Polo244 words
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DINING OUT
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Article, Illustration917 2016-07-11 31 JAIME EE - The relaunched Bochinche serves up modern European with touches of Argentinian cuisine. BY JAIME EE NEW RESTAURANT Bochinche 115 Amoy Street #01-02 Tel: 6235-4990 Open for lunch and dinner from Mon to Fri: 12pm to 2.30pm; 6pm to 10.30pm (11pm on Fri). Sat: 11am toPHOTOS: JAIME EE, BOCHINCHE - 917 words
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Page 31 Advertisements
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Advertisement233 2016-07-11 31 $53.50 Value.able shares with us the right mindset which every investor should have and how we can identify the extraordinary businesses in the stock market. Most importantly, it teaches us the different valuation models for stocks valuation. By following the 3 simple steps mentioned in the book, investors are able233 words
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Advertisement16 2016-07-11 31 All you need is love (and coffee) Grab a copy at all good bookstores and www.stpressbooks.com.sg16 words
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Advertisement59 2016-07-11 31 1 At JM A Are you overpaying your RENT? RENT X-Value™ of your home V $2,600 ($2.34 psf) Down by $200 over last quarter SRX.com.sg/property-tracker ii WSINGPflSS 2FA WSiAiiEfflSl The complete guide to setting up your SingPass 2FA V 2FA OneKey *.-22 ***** ACT BOTH S*****67A Kyz***** *****321 A A59 words
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LIFE & CULTURE
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Article, Illustration1157 2016-07-11 32 Regime change was felt everywhere, even though the new order has yet to take shape NYT Paris THERE they were, the petites mains, bent over their pattern tables, kneeling by a hemline, sewing, cutting, basting: 78 of the unheraldedNYT; PHOTOS: NYT - 1,157 words
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Article, Illustration730 2016-07-11 32 Defending three-time champion reels off fourth win in five races, narrows Rosberg’s championship lead AFP Silverstone, United Kingdom LEWIS Hamilton completed a hat-trick of home wins on Sunday when he triumphed ahead of Nico Rosberg in the British Grand Prix to cut his Mercedes team-mate’sAFP; PHOTO: AFP - 730 words
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Page 32 Miscellaneous
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Miscellaneous325 2016-07-11 32 CRYPTIC CROSSWORD Across 5 Trip in street like Uriah ’eep (7) 7 Word of prayer finally effected change (5) 9 Placed by entrance a superior food item (6) 10 See a rite out of place in restaurants (8) 11 One engaged to work is against going by vehicle (10) 13325 words
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Page 33 Advertisements
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Advertisement12 2016-07-11 33 TOGETHER, WE CAN CHANGE THE WORLD, ONE IDEA AT A TIME. www.citibank.com.sg/progress12 words
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Page 34 Advertisements
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Advertisement7 2016-07-11 34 The Business Times Monday, July 11, 20167 words
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Advertisement7 2016-07-11 35 The Business Times Monday, July 11, 20167 words
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Advertisement7 2016-07-11 36 The Business Times Monday, July 11, 20167 words
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