The Business Times, 18 January 2014

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Total Pages: 39
1 16 The Business Times
  • 22 1 weekend THE BUSINESS TIMES www. usinesstimes.com. g JANUARY 18-19, 2014 S$1.00 MCI (P) 086/08/2013 MCI (P) 086/08/2013 A SINGAPORE PRESS HOLDINGS PUBLICATION
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  • 30 1 ENTREPRENEURSHIP FOR the private sector to do more to drive entrepreneurship, a committee wants venture debt and equity crowdfunding to be made more accessible. 4
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  • 23 1 PARLIAMENT AS Parliament convenes on Monday, 17 MPs have filed 36 questions on the Little India riot. 6
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  • 25 1 RETIREMENT RESORT ALL 281 units at what is billed as Singapore’s first retirement resort were snapped up yesterday. 7
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  • 22 1 s’pore stocks LEADING brokerages are looking for average earnings per share growth of 8 to 13 per cent. 10
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  • 907 1  -  Total trade and NODX for 2013 to come in lower than expected due to data revisions By Teh Shi Ning tshining@sph.com.sg Singapore ERRORS in trade data collection meant that International Enterprise (IE) Singapore wrongly reported two months of exports data, with possible implications for fourth-quarter
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  • 465 1  -  It will lease the 1 .1 m sq ft of space back to Time Warner till 2019 By Felda Chay feldac@sph.com.sg Singapore GIC has sealed a deal to buy office space in New York City’s Time Warner Center with two partners, the
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  • Page 1 Advertisements

  • TOP STORIES
    • 569 2  -  IE Singapore expects total trade and NODX to grow 1-3 per cent this year By Teh Shi Ning tshining@sph.com.sg Singapore AFTER wallowing in contraction all year, Singapore’s non-oil domestic exports (NODX) managed a growth spurt in the final month
      Source: International Enterprise Singapore  -  569 words
    • MARKETS
      • 58 2 GSTI 3,147.33 (+6.89) GSTI FUTURES 3,146.00 (+7.00) HSIMSCI 357.22 (-0.17) HSIMSCI FUTURES 356.60 (-0.40) STOCKS Friday Change KL COMP Closed NIKKEI 225 15,734.46 -12.74 HANG SENG 23,133.35 +146.94 SET 1,295.41 -6.07 JAKARTA 4,412.23 -0.26 MANILA 5,987.09 +4.85 KOSPI 1,944.48 -12.84 SHENZHEN B 845.17 -2.09 MUMBAI IND 21,063.62 -201.56 11am
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      • 29 2 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.709 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.50 INDIA 14.75 Source: Bloomberg
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      • 49 2 US$ S$ US$ (S$ per US$) 1.272 (US$/S$ per 1.632 2.076 EURO (US$/S$/€ 1.360 1.730 Foreign currency per US$ S$ YEN 104.40 82.00 RM 3.297 2.591 HK$ 7.755 6.095 BAHT 32.85 25.82 RUPIAH 12,097 9,507 RENMINBI 6.050 4.755 INDIAN RUPEE 61.41 48.26 A$ 1.135 0.892 NZ$ 1.206 0.948
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    • 1120 4  -  Venture debt and equity crowdfunding should be made more accessible, says the Entrepreneurship Review Committee BUDGET 2014 By Jacquelyn Cheok jaccheok@sph.com.sg Singapore A COMMITTEE set up to recommend ways of enhancing Singapore’s entrepreneurship landscape has called on the private sector to
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    • 531 6  -  17 MPs file 36 questions about Dec 8 event; queries on DNC Registry will also be raised By Lee U-Wen leeuwen@sph.com.sg Singapore DEPUTY Prime Minister and Home Affairs Minister Teo Chee Hean will deliver a ministerial statement on last month’s Little India riot when
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    • 574 6 Protest leader blames govt for attack; risk of military intervention raised Reuters Bangkok AN EXPLOSIVE device tossed at anti-government protesters wounded 36 people in central Bangkok yesterday as tensions rose in the Thai capital after several days of relative calm. Protest
      Reuters  -  574 words
    • 375 6 Reuters Beijing APPLE Inc yesterday launched its iPhone on China Mobile’s vast network, opening the door to 763 million subscribers and giving its China sales a short-term jolt. Underlining how much the launch means for Apple, chief executive Tim Cook was on hand
      Reuters; PHOTO: REUTERS  -  375 words
    • 483 7  - Hillford retirement resort all 281 units snapped up Bt Timah project sold out in 5 hours, at an average of $1,100 psf By Mindy Tan tanmindy@sph.com.sg ALL 281 units at what is billed as Singapore’s first retirement resort were snapped up within five hours yesterday. About 1,000 prospective buyers, who
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  • Page 2 Advertisements
    • 45 2 CONTENTS NEWS Top Stories 2-7 Raffles Conversation 8-9 Companies 10-13 S’pore Markets 12 Singapore 14-15 World 16-20 Stocks Stats 21-25 Perspective 26-27 Crosswords 27 Wealth 28-31 Househunt 30 LIVING Dining L2-7 Design L8-9 Home Garden L10-11 Travel L12-13 Motoring L14-15 Golf L16 Real Estate 31
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  • Page 3 Advertisements
    • 111 3 BLOSSOMS WithanextensivearrayofluxuryretailanddiningoutletsopenthroughoutChineseNewYear,gallopintotheYearoftheHorse withbountifulpleasuresatTheShoppesatMarinaBaySands®. EnjoyanexclusiveLIULIHorsesandFlowerscrystalsculptureexhibitionfrom 10Januaryto16February,anddancetothejoyoftheseasonwithweeklyChineseorchestraperformancesfrom24January1. DELIGHTFUL JOYS OF SPRING 16 January to 16 February 2014 #GAH051J; /+81C+ ’+E <+C>5K /+C>+81C ’H@55@F5 ?;;> %*****;8 +C> 8;> =+A-;35 3@ D; redeemedwithminimumspendof$1882 *27<)8exquisitelimitededitionLIULIHorse crystalsculptures(worth$2,600each)tobe wonon31January&1February3 FORTUNE SWIPE WIN 30 January to 9 February 2014 Totalof$150,0004inprizes "8;; A4+CA; 9@8 ;J;8E@C; 188winnersdaily ,34;8 ;GAH051J; =81J1H;6;5
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  • Page 4 Advertisements
    • 37 4 Biz Space D12 MRT NE9 rbm size 1,300 to 8,500 ilabih ee m hild Warehouse Light Industria JERRY LUM Snr Marketing Director, MBA, CES CEA Licence No.; R *****6 D ERA HP: 8288 0098 View: jerrylum.myweb.sg SltlS'A-S
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    • 18 4 Grow Your Stock O Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices BSAR3
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  • Page 5 Advertisements
    • 1124 5 OUG COMMERCIAL REIT 6.8% SS t 2 •J s Hill fiS.4 FORECAST AND PROJECTED DISTRIBUTION YIELD (WITH INCOME SUPPORT) 2 KEY INVESTMENT HIGHLIGHTS Offering Price of S$0.80 6.89% 6.80% FY2014 PY2015 OFFER FOR SUBSCRIPTION BY: OUE COMMERCIAL REIT MANAGEMENT PTE. LTD. Manager of OUE Commercial Real Estate Investment Trust ("OUE
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  • THE RAFFLES CONVERSATION
    • 2057 8 / 9  -  President of mass spectrometry market leader AB Sciex, Rainer Blair is a keen advocate of going lean, not just in manufacturing, but also in business and administrative processes. By Andrea Soh By Andrea Soh sandrea@sph.com.sg AS THE melamine scandal broke out in China in September
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  • COMPANIES
    • 1146 10  -  They expect average earnings per share growth of 8-13% for key index stocks covered By Lisa Lee lisalcc@sph.com Singapore STOCKBROKING analysts are sounding a more positive outlook for 2014, with leading houses looking for average earnings per share growth of 8 to
      ST FILE PHOTO  -  1,146 words
    • 511 11  -  Total amount for distribution up 4.9%, but payout spread over bigger pool of units By Mindy Tan tanmindy@sph.com.sg Singapore DESPITE total amount available for distribution rising 4.9 per cent from $81.1 million to $85.1 million for the third quarter ended December, Ascendas
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    • 661 11  -  By Cai Haoxiang haoxiang@sph.com.sg Singapore THE most difficult concept for businesses to understand is that corporate governance is not about box-ticking or complying with regulations, said a senior accountant. Rather, it is a set of ideals and principles that, when continually applied,
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    • 595 12  -  STOCKS Kenneth Lim kenlim@sph.com.sg Correspondent SINGAPORE stocks overcame a scary start to head into the weekend above water as nervousness over China’s pending economic data sparked a morning sell-off. The Straits Times Index opened yesterday 10.86 points, or 0.35 per cent,
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    • Business briefing
      • 115 12 HEALTHCARE property investor First Real Estate Investment Trust (Reit) posted a 26.2 per cent increase in distributable income in the fourth quarter, to $14 million. Earnings per unit rose to 8.03 cents from the year-ago 5.73 cents, while distribution per unit increased 14.5
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    • 114 12 Stock name Close Change CapMallsAsia 1.880 -0.025 CapitaLand 2.920 CapitaMall 1.875 +0.010 CityDev 9.550 -0.040 ComfortDelGro 1.945 -0.020 DBS Grp 17.40 +0.010 GLP 2.940 -0.010 Genting SP 1.470 -0.020 Golden Agri 0.530 +0.010 HK Land 6.400 +0.120 HPH Trust US$ 0.680 JMH 56.92 +1.110 JSH 34.61 +0.610 Jardine
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    • 512 12  -  By Lisa Lee lisalcc@sph.com.sg Singapore WITH the corporate earnings season set to move into full swing over the next few weeks, analysts remain sanguine about the year that has just ended and are more focused on getting a glimpse of
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    • 240 12 VOL CLOSE KLW H l dgs 233 CLOSE 949 4 .2 0 .4 10 .5 Equat i on 1 69 0.4 602 1 .3 0 .2 1 8 .2 Mirach Energy 1 44 18.2 472 16 .7 3 .0 21 .9 Char i sma Energy 1 00
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    • 57 12 BY CENTS CLOSE UP JMH 5692 141.2 2.0 DBXT FTVietnam 10US$ 2725 134.8 4.0 JSH 3461 77.6 1.8 GLD 10US$ ***** 50.9 0.3 DBXT MSJAP 10US$ 4710 44.5 0.7 DBXT MSUSA 10US$ 4601 43.3 0.7 DairyFarm 950 22.9 1.9 Lyxor Europe 10 US$ 1557 21.6 1.1 HK Land
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    • 64 12 Da<T iBaotftti mii Jiuiitnc CAC DVCTNTX CuOSETBOWN I4S77 1)07 «3c3940 570 14 n0<T iBairtSlng ':5G5 125S5 300 0 2 £?IT3 mi ■1A0 -13? obyt e 5m <cu.J5l V. "J*. LyKor Cmma H 10USS I3H 1M t4 )U DB>:T CS1300 iptfK :U0 1 f D£<T MS IW DC* 10us$
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    • 906 13  -  Forecast yield of 6.8% and 24% discount to NAV; institutional offer understood to be two times subscribed By Cai Haoxiang haoxiang@sph.com.sg Singapore OUE Commercial Real Estate Investment Trust (OUE C-Reit) kicked off the first mainboard initial public offering (IPO) of the
      ST FILE PHOTO, BLOOMBERG  -  906 words



  • Page 13 Advertisements
    • 146 13 R FIABCI Prix d Excellence Award 2013 m s i n a r a n m "'W& r L IT V, The penthouses of Soleil Sinaran embody the very finest in ultimate luxury living. The desirability is further heightened by the rarity of these 5-bedroom single storey penthouses, each spanning
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  • SINGAPORE
    • 310 14  -  By Michelle Quah michquah@sph.com.sg A MEDIA Development Authority (MDA) officer has been charged in court with corruptly accepting gratification in the form of loans and forging documents. MDA assistant director, Lai Wai Khuen, 37, has indicated that he will plead guilty. He is accused
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    • 481 14  - Govt to match donations to new Care Share fund PM Lee calls on ComChest, VWOs to help push kitty to $500m By Lee Meixian leemx@sph.com.sg Lee U-Wen leeuwen@sph.com.sg THE government is setting up a new fund which could be as large as $500 million to help build up Singapore’s social
      FILE PHOTO  -  481 words
    • 389 14  -  By Mindy Tan tanmindy@sph.com.sg RENTAL yields for non-landed private homes fell below the 4 per cent psychological mark at 3.9 per cent in 2013, from 4.2 per cent the previous year, according to the Singapore Real Estate Exchange (SRX). “For many
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    • 613 15  -  Alpha Biofuels strikes deal to supply The Westin Stamford with 2 environmentally friendly Jaguar Xjs By Malminderjit Singh msingh@sph.com.sg SINGAPORE’S first biodie-sel-powered luxury limousine fleet was launched yesterday, using technology developed by a local renewable energy company. Alpha Biofuels announced yesterday that it had
      PHOTO: YEN MENG JIIN  -  613 words
  • Page 14 Advertisements
    • 245 14 LIVE OAK HOLDINGS LIMITED (the "Company") BC No. *****89 (IN VOLUNTARY LIQUIDATION) Notice is hereby given that in accordance with Section 199 of the BVI Business Companies Act 2004, as amended, the Company is in voluntary liquidation. The date of commencement of the liquidation is 20 December 2013. The liquidator
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  • Page 15 Advertisements
    • 373 15 CLIENT RELATIONSHIP MANAGEMENT SKILLS 27 Feb 2014, Thu 7pm 9pm M Hotel Singapore 81 Anson Road Singapore *****8 FREE WORKSHOP PREVIEW WORKSHOP PREVIEW 17 18 Mar 2014, Mon Tue 9am 4pm M Hotel Singapore 81 Anson Road Singapore *****8 2-DAYS WORKSHOP Attend the Preview and engage with the Keynote Speaker
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  • WORLD
    • 1030 16 He reiterates that Fed could not have prevented failure of Lehman Brothers and defends QE policy NYT Washington THE Federal Reserve chairman, Ben Bernanke, seemed so calm during the worst hours of the 2008 financial crisis that Timothy Geithner, then US Treasury
      NYT; PHOTO: BLOOMBERG  -  1,030 words
    • 570 17 Li’s strategy to produce flashy, high-end cars seen posing a huge risk for Swedish carmaker Reuters Detroit THE strategic path that Volvo Car Corp plans to follow is in question because of discord at the board level between new Chinese ownership and traditional
      Reuters  -  570 words
    • 513 17 Bloomberg Perth MINING companies are extending massive cuts in exploration budgets for a second year, setting up the next price boom as China continues its relentless pursuit of metals and energy. Exploration spending plunged by 30 per cent or US$10 billion last year, squeezing
      Bloomberg; PHOTO: REUTERS  -  513 words
    • 329 17 Reuters Shanghai THE trust firm responsible for a troubled high-yield investment product sold through China’s largest banks has warned investors that they may not be repaid when the three billion yuan (S$631.5 million) product matures on Jan 31, state media
      Reuters  -  329 words
    • 491 18 Latest report points to pick-up in consumer and capital spending AFP Tokyo A JAPANESE government report yesterday said that the economy was “recovering”, its first use of the word since the 2008 global financial crisis, as Prime Minister Shinzo Abe works to revive
      AFP; PHOTO: REUTERS  -  491 words
    • 588 18 Bloomberg Tokyo JAPAN’S success in rekindling inflation is raising the stakes for policymakers to map out the endgame for monetary stimulus, given the risk of a surge in yields when the Bank of Japan (BOJ) winds down bond purchases. With
      Bloomberg  -  588 words
    • 779 19 De Castro was particularly ill suited for the job, according to people who worked with him NYT San Francisco MARISSA Mayer’s arrival at Yahoo as chief executive a year-and-a-half ago was widely hailed as an opportunity to infuse the struggling Internet pioneer
      NYT  -  779 words
    • 555 19 AFP New Delhi INDIA’S ruling party was putting on a united front yesterday at a mass rally after its leader, Sonia Gandhi, stalled a push to name her son Rahul as prime ministerial candidate at looming elections. Thousands of Congress
      AFP; PHOTO: AFP  -  555 words
    • 731 20  -  Good time for hike, says trade union confederation, with economy turning around and end to deflation in sight By Anthony Rowley In Tokyo THE Japanese Trade Union Confederation (JTUCRengo) will be pushing employers to give at least a one per cent rise in basic
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    • Briefing
      • 88 20 Bloomberg Washington Industrial production rose for a fifth month in December, capping the strongest quarter since 2010 and indicating manufacturing is helping propel the US economy. Industrial output rose at a 6.8 per cent annual rate in the final three months of
        Bloomberg  -  88 words
      • 117 20 Bloomberg New YorkMorgan Stanley, owner of the world’s largest brokerage, reported profit that beat analysts’ estimates as equity-trading revenue increased and earnings from wealth management climbed to a record. Fourth-quarter net income fell to US$181 million, or 7 cents a share, from US$594 million,
        Bloomberg  -  117 words
      • 113 20 Bloomberg Hong Kong Swiss bank UBS is boosting annual bonus payments to investment bankers in Asia by about 10 per cent for 2013, fuelled by higher revenue from arranging sales of stocks and high-yield bonds, according to two people with direct
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      • 122 20 Reuters Shanghai The first firm to list in mainland China after a 14-month freeze on IPOs jumped 43.5 per cent in its debut, just shy of its daily limit, underscoring pent-up demand that could bode well for a raft of
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  • Page 16 Advertisements
    • 212 16 1-for-1 handmade Japanese Pizza! (From $15.90++) Venue:Yomenya Goemon, Marina Bay Link Mall, Marina Bay Financial Center, 8A Marina Boulevard, #B2-03, Singapore *****1 Tel:(65) 6509 4670 Website:yomenya-goemon.com.sg Terms Conditions: Promotion valid from 18 January 2014 to 18 February 2014 Take away only, not applicable for dine-ins Same price or lower for
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  • Page 18 Advertisements
    • 39 18 Be the buildingblock of a new era Want to be part of the pioneer team for Singapore’s fifth university? Flip to Page R5 of today’s CATS Recruit for the full details on the various teaching and corporate positions available.
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  • Page 20 Advertisements
    • 53 20 HOT PROPERTY BEDOK RIA sa c. S/pool. t r Cu, 'de4810^& 4787 sf f^ a h rV0y Ave YARROW S/STY On?y°$ f 3.xM OVe in/ A&A HOUSES IN THE EAST FOR SALE Check this and many other properties in CATS Classified in The Straits Times now! BEATS BUY IT SELL
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  • SGX
    • 7984 21 Transaction date: Jan 17 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 14.4 11.5 8Telecom 11.7 11.6 12 10.6 0.9 9.7 56 20 3.3 A-Sonic 12.3 +0.3 2723 12.3 12 12.3 12.4 1.1
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    • 1914 24 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 37 17.3 t 3Cnergy 500 27.5 26 31 27.1 27.5 17.1 t 800 Super 23 -1 100 23 23 23 24.5 3.2 4.3 7.2 41.1
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    • 186 24 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 5 5 0 0 0 4 5 5 Manufacturing 52 38 32 8 7 11 60 45 43 Commerce 18 20 19 5 0 6 23 20 25 Tpt/Stor/Comms 16 10 12
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    • 121 24 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 27,438 27,438 71,993 71,993 Manufacturing 282,192 556,175 838,367 112,203 15,509 127,712 Commerce 188,519 219,276 407,795 80,923 29,552 110,475 Tpt/Stor/Comms 126,705 3,019 129,724 191,324 341 191,665 Finance 39,272 71 39,343 133,602 23 133,625 Construction 43,765 157,784
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    • 802 24 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Jan 13 Substantial Buy NO Of Price SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv 000 Shr$ ('0001 (000) T-^r iwaifW Gah clirnjB vVati Buy 155 0,| 4. 6167 *n &321 6UL3 SU0es£towi»Ijqge l6.Jan»4 1 nap
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  • MARKETS
    • 93 25 Jan 16 COCOA (£/tonne) Close Prev High Low Mar 14 1773 1765 1775 1761 May 14 1758 1751 1759 1747 Jul 14 1751 1744 1753 1740 Sep 14 1742 1735 1742 1732 COFFEE(US$/tonne) Close Prev High Low Jan 14 1749 1720 1770 1735 Mar 14 1735 1706 1759 1708
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    • 66 25 Jan 17 GOLD(US$/oz) Jan 17 Jan 16 Hong Kong 1247.00 1245.00 Jan 16 Jan 15 London 1241.19 1240.00 1242.41 1240.85 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 25.99 25.21 Source: UOB PLATINUM Lon (US$/oz) Jan 16 Close Previous PM Fix 1424.00 1416.00 AM Fix 1418.00 1415.00 Source:
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    • 118 25 Jan 17 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.147 1.093 Can dollar 1.184 1.139 Euro 1.771 1.687 Sterling pound 2.117 2.036 NZ dollar 1.085 1.044 US dollar 1.297 1.236 Local dollars to 100 units of foreign currency: Currencies Sell
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    • Article, Illustration
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    • 57 25 Jan 16 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 14 2511.0 2507.0 2520.0 2508.0 1044 ***** Feb 14 2524.0 2524.0 2537.0 2521.0 ***** ***** Mar 14 2537.0 2537.0 2552.0 2535.0 ***** ***** Apr 14 2545.0 2544.0
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    • 88 25 Jan 17 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 27-Jun-14 0.31 1-Year BY*****T 31-Oct-14 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.5 101.57 101.55 5-Year N*****0T 0.5 01-Apr-18 97.67 97.70 97.65
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    • 155 25 Jan 17 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1206 1.1217 0.8810 0.8813 Canadian dollar 1.1632 1.1646 0.9150 0.9145 Euro 1.7295 1.7309 1.3597 1.3599 NZ dollar 1.0545 1.0555 0.8290 0.8293 Sterling pound 2.0751 2.0771 1.6314 1.6319
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    • 105 25 Jan 16 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Mar 14 1315.00 1318.00 1330.50 1311.00 May 14 1296.25 1297.50 1309.50 1292.00 Jul 14 1281.25 1281.25 1292.25 1276.75 Aug 14 1241.25 1238.25 1246.75 1237.00 SOYBEAN OIL(60,000 lbs; USc/lb) Close Previous High/Low Mar 14 38.05 37.99 38.09
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    • 68 25 Jan 16 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 106.08 -0.60 WTI (Near Mth) 94.08 -0.37 Dubai (1-Mth F) 102.92 0.99 Tapis blend 113.64 0.88 Minas 106.94 0.88 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 101.72 -1.17 Jet Kerosene 119.89 0.07 US$/barrel OpecOil Basket Price 104.47
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    • 72 25 Jan 16 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1757.25 1740.25 3 months 1798.00 1784.00 Copper, Grade A (US$/tonne) Cash 7336.00 7380.50 3 months 7310.00 7352.50 Lead (US$/tonne) Cash 2170.25 2188.50 3 months 2197.00 2211.00 Nickel (US$/tonne) Close Previous Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • 373 25 In local curr In S$ In US$ dy yr dy yr dy yr Jan 16 Index Change Change Change Change Change Change World Preliminary 1188.1 -0.1 0.3 -0.1 0.7 -0.1 -0.2 EAFE Preliminary 965.0 0.0 0.9 0.0 0.9 0.0 0.0 Europe Preliminary 1379.0 -0.1 1.8
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  • PERSPECTIVE
    • 1207 26 / 27  -  Thailand has a culture of protest, and demonstrations are a welcome respite from mundane, meaningless and low-paying jobs. By Antonio L Rappa By Antonio L Rappa ~The writer is associate professor and head of management and security studies at the SIM University School of Business.
      PHOTO: AFP  -  1,207 words
  • Page 26 / 27 Miscellaneous
    • 301 26 / 27 SATURDAY with Ludwig Please take note of your blood pressure CRYPTIC CROSSWORD Across 1 One might have stock to sell (7) 5 Muslim leader’s free to make a comeback somewhere in Morocco (6) 9 Discover passengers crossed by bridge (8) 11 Off hurried Spanish hero (6) 12 Article about unknown
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  • Wealth
    • WEALTH INVESTING
      • 1397 28 / 29  -  Here is a summary of trends, risks and indicators on the global economic and investment outlook WEALTH INSIGHTS Shane Oliver AMP Capital Investors ~Dr Shane Oliver is head of investment strategy and chief economist at AMP Capital Investors LAST year turned out to be very
        PHOTO: REUTERS; Source: Bloomberg , AMP Capital  -  1,397 words
      • BROKERS’ TAKE
        • 386 28 / 29 Neutral DMG Partners Jan 17 THE Public Transport Council (PTC) of Singapore announced that it has approved a 3.2 per cent increment in both train and bus fares, to be implemented from April 6 onwards. Although its fare review justified a 6.6 per cent increase, PTC hiked up
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        • 369 28 / 29  -  Compiled by Kenneth Lim Buy Maybank Kim Eng Research Jan 17 Close: $3.99 UPGRADE to “buy”. We think the worst is likely over for Super after the 15 per cent drop in its share price following the release of a disappointing set of Q3 2013 results in November
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    • WEALTH REAL ESTATE
      • 563 30 Study finds sharper fall in home values in Hispanic and black communities, along with less return on investment Reuters Washington THE rise and fall of US home values during the housing bubble and bust disproportionately affected black and Hispanic homeowners, real estate website
        Reuters; PHOTO: AFP  -  563 words
      • 206 30 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN DEC 4 AND DEC 10, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 3 NON-LANDED Alex Residences Apt 05/12/2013 99 657 1195 1820 District 4 NON-LANDED Corals At Keppel
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      • 1160 31  -  He’s now a Singaporean; his new Sentosa Cove property sits on 18,794 sq ft of land By Kalpana Rashiwala kalpana@sph.com.sg THE owner of Kingsford Development, a Shenyang-based developer that has been making news in Singapore at state land tenders, has bought a plum bungalow
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  • Page 32 Advertisements
    • 31 32 THERE ARE EXCEPTIONS TO EVERY RULE. ROYAL OAK DIAMOND SET IN PINK GOLD. AL ROY SINGAPORE AUDEMARS PIGUET BOUTIQUE 541 ORCHARD ROAD LIAT TOWERS #01-03 TEL (65) 6836 4918 AUDEMARSPIGUET .COM
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  • Page 1 Advertisements
    • 59 1 DINING Take Go L6-7 BT THE BUSINESS TIMES WEEKEND JANUARY 1 8 19 2014 Living SAVOURING HERITAGE TREASURES Festive Chinese favourites at reunion dinners L2-5 HOME GARDEN Swiss inspiration L10-11 MOTORING Optimum value L14 DESIGN Spring a steed or two L8-9 TRAVEL Where the hills are truly alive L12-13 PHOTO:
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  • BT Living
    • DINING
      • 2055 2 / 3  -  Every Chinese New Year is an occasion for each dialect group to proudly prepare and present their classic recipes, which are often badges of identity passed down the generations. By David Yip By David Yip TRADITION. It’s the very foundation upon which the Chinese New Year celebration
        PHOTOS: MARK ONG  -  2,055 words
      • 388 4 / 5  -  By David Yip THE origins of pen cai can be traced back to the late Song Dynasty (AD1132 -1279). There are two stories about its origin: one told of the escape of the last Emperor to the southern part of China; and the other in
        PHOTOS: MARK ONG  -  388 words
      • Article, Illustration
        1390 6 / 7  - TAKE GO Most restaurants are already fully booked on the eve of Chinese New Year by now but if you still do not want the hassle of cooking your own reunion dinner, the best bet would be takeaways that taste just as good in the comfort of your home. By
        PHOTOS OF BAR ROQUE BAR & GRILL BY YEN MENG JIIN  -  1,390 words
    • DESIGN
      • 720 8 / 9  -  Welcome the Year of the Horse by decorating your home with pretty furnishings, some of which have horse-related motifs too. By Tay Suan Chiang By Tay Suan Chiang Festive Fabric Cuts From $6.90, from Robinsons Orchard, 260 Orchard Road Chinese New Year may be about
        720 words
    • HOME & GARDEN
      • 883 10 / 11  -  Shala S and her husband wanted their Crans-Montana home to be like a house in the Hamptons on the inside but a Swiss chalet on the outside. By Tay Suan Chiang personal space By Tay Suan Chiang taysc@sph.com.sg WHENSingaporeanS h a l a S a n d h
        PHOTOS: ANSANA  -  883 words
    • TRAVEL
      • 1512 12 / 13  -  Everywhere you look in Andorra, there is stunning scenery. By Corinne Kerk IT’S a small country, marked by a little red dot on the world map. It’s safe, home to many foreign talent and surrounded by much bigger neighbours. That, however, is where similarities
        PHOTOS (except hotel and ski resort): CORINNE KERK  -  1,512 words
    • MOTORING
      • Article, Illustration
        578 14  -  he stylish Optima K5 gets a makeover to make this pretty Kia even more attractive. By Samuel Ee samuelee@sph.com.sg THREE years after it appeared on the local automotive scene, the Kia Optima K5 has been refreshed, and its extensive list of standard equipment, upgraded. The K5, which the
        578 words
      • 562 15  -  The Audi RS6 Avant is not your ordinary station wagon; it is a high-performance estate. By Samuel Ee samuelee@sph.com.sg THERE is always something attractively masculine about a big estate with big wheels. And when it comes to the widebody Audi RS6 Avant, the machismo boils over.
        562 words
    • GOLF
      • 1143 16  -  Thailand’s Hua Hin takes over from Pattaya as Asia Australasia’s Golf Destination of the Year. By Justine Moss THAILAND, with its more than 200 courses offering a number of championship layouts from Chiang Mai in the north to Phuket and Koh Samui down south, has
        PHOTOS: BLACK MOUNTAIN GOLF CLUB & RESORT  -  1,143 words

  • Page 4 / 5 Advertisements
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  • Page 12 / 13 Advertisements
    • 228 12 / 13 ~The writer’s trip was sponsored by Hotels Plaza Andorra (www.plazandorra.com) and CheapTickets.sg HEART,STROKE&CANCERCENTRE “A medical centre of Singapore Heart, Stroke and Cancer Centre” PreservingHealthandLongevity Expertise in the Prevention, early Detection and Management of Heart disease, Stroke and Cancer www.shsccentre.com Prevent Sudden Death If you suspect heart disease or have risk
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  • Page 16 Advertisements
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