The Business Times, 9 December 2014

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Microfilm: NL33312
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    28 1 THE BUSINESS TIMES S$1.00 S|jh A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg G n@BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 I Wednesday, October 8, 2014 Tuesday, Decem 9
    28 words
  • Article
    Lock icon MARKETS
    27 1 Monday Change STI 3,297.84 -26.55 KL COMP 1,740.84 -8.53 NIKKEI 225 17,935.64 +15.19 HANG SENG 24,047.67 +45.03 SHENZHEN B 1,015.70 +11.00 DOW (11am EST) 17,953.88 -4.91
    27 words
  • Article, Illustration
    Lock icon TT DAILY DIGEST
    268 1 The Central Provident Fund provides an attractive return relative to its risk when compared to other asset classes, says a newly-published paper, confirming what financial planners and insurers have been saying. The CPF has similar returns, over 20 years, when compared to a typical balanced portfolio of
    268 words
  • Article, Illustration
    Lock icon Further declines predicted for private home prices and rents in 2015
    940 1  -  But market watchers say prices of new sales will likely be “stickier”, given developers’ stronger holding power OUTLOOK 2015: REAL ESTATE By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore PRICES of private condos could drop by another 5-10 per cent next
    Source: URA monthly developers' survey; Source: URA quarterly real estate statistics; Source: Urban Redevelopment Authority, Standard Chartered Research  -  940 words
  • Article
    Lock icon Christmas comes early for some SIA passengers
    537 1  -  About 400 in Australia get to fly Business Class at Economy fares due to computer glitch By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore SINGAPORE Airlines (SIA) has done a turnaround and decided to honour the hundreds of underpriced Business Class tickets mistakenly sold at
    537 words
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      252 1 *****4 MACHINE TO MACHINE BT EXPLAINS Infographic on oil prices and pump prices TOP STORIES 5 HOCK LOCK SIEW Christoph Mueller may be Malaysia Airlines’ best shot COMPANIES MARKETS 6 SMEs set to tap rise of M2M technology SME 26 QUESTIONS RAISED Why was Chuck Hagel let go? OPINION 23
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  • TOP STORIES
    • Article
      Lock icon CPF returns attractive versus risk: Institute of Policy Studies
      931 2  -  20-year returns of 5.7% per annum similar to portfolio of 60% equities and 40% bonds, but with lower risk By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore A NEWLY published Institute of Policy Studies (IPS) paper lays out what financial planners and insurers
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    • Article
      Lock icon Govt intends to raise budget of Innovation & Capability Voucher scheme: Minister
      488 2  - Govt intends to raise budget of Innovation Capability Voucher scheme: Minister American Express, Asme ink partnership agreement to collaborate to help SMEs strengthen, grow their business By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore THE government intends to increase the budget of the Innovation Capability Voucher (ICV) scheme as SME Centres enter
      488 words
    • Article, Illustration
      Lock icon Japan’s recession deeper than expected
      590 4  -  Economy contracts 1.9% in Q3, against estimated 1.6%, as corporate capital spending falls faster than expected REGIONAL ECONOMIES By Anthony Rowley btworld@sph.com.sg Tokyo JAPAN’S economic recession proved to be worse than expected in the third quarter of this year, according to data released on Monday
      PHOTO: AFP  -  590 words
    • Article
      Lock icon Weak imports in November push China surplus to record high
      596 4  -  By Virginie Mangin btworld@sph.com.sg Beijing CHINA posted disappointing trade figures in November its imports fell on weak domestic demand, sending its surplus to a record high. By coming in below expectations, the data puts additional pressure on Beijing, as the
      596 words
    • Article, Illustration
      Lock icon From well to pump
      398 5  -  The price of crude oil has fallen by 36 per cent this year, yet pump prices have fallen by less than 5 per cent over the same period. But the discrepancy does not necessarily imply foul play. By Kenneth Lim BT Explains By Kenneth Lim Why
      Source: Singapore Customs; Sources: Bloomberg, Department of Statistics; BT Graphics: Ludwig Ilio  -  398 words
    • Article
      Lock icon Oil prices drop to 5-year low on oversupply
      338 5 REUTERS London BRENT crude oil fell more than US$2 a barrel on Monday to a new five-year low on predictions that oversupply would keep building until next year after Opec (Organization of the Petroleum Exporting Countries) decided not to cut output. Brent
      REUTERS  -  338 words
    • Article
      Lock icon South Korea, Asean to mark 25 years of ties at summit
      497 5  -  A vision statement to elevate the existing strategic partnership further is expected at the meeting By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Busan, South Korea THE Association of South-east Asian Nations (Asean) and South Korea are getting ready to celebrate 25
      497 words
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      53 2 TO LIFE'S ADVENTURES landrover-asia.com fee -'jf m Sp n Land Rover Singapore Range Rover Sport Fuel Consumption (combined): 7.5 12.8 L/IOOkm. CO2 Emissions (combined): 199 298 g/km Wearnes Automotive Pte. Ltd. 45 Leng Kee Road Singapore *****3 T: 6378 2626 2627 Leasing Enquiries T: 6876 5063 E: wearnes.leasing@wearnes.com rLAND^ TROVER
      53 words
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      60 4 ONLINE SALE www.oaks.com.sg Wine, Whisky, Sake, Champagne, Life Style and Wine ACCeSSOrieS Over 500 products available French Wine Best Offer! Ch.Bel-Air Lagrave Now: S$71.20 Vintage 1989 ex-chateau usual; s$bb.oo f Ch.Monbousquet Now: S$98.00 Vintage 1996 usual: ssmb.oo It's} I 'Discovery v The Oaks Cellars Pte Ltd 315 Outram Road #12-09
      60 words
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      30 5 You seek new horizons Across Asia, Africa and the Middle East, our deep market knowledge can connect you to business and wealth opportunities. w I i sc.com/privatebank Here for good
      30 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Christoph Mueller may be Malaysia Airlines’ best shot
      728 6  -  HOCK LOCK SIEW ANITA GABRIEL anitag@sph.com.sg @AnitaGabrielBT MALAYSIA’S Khazanah Nasional has taken an unusual gambit by hiring German national Christoph Mueller to rescue sick and tragedystruck alaysia Airlines (MAS). This is a radical shift in Malaysia Inc’s corporate culture and marks the
      PHOTO: BLOOMBERG  -  728 words
    • Article, Illustration
      Lock icon UG Healthcare closes 16% up from IPO price in trading debut
      361 6  -  HOT STOCK By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore UG Healthcare, which commenced trading on the Catalist board of the Singapore Exchange (SGX) on Monday, closed at 25 Singapore cents per share, a 16 per cent premium from its
      Source: Bloomberg  -  361 words
    • Article
      Lock icon Global Logistic Properties partners GIC in US$8.1b acquisition
      546 7  -  GLP’s initial 55% stake in fund set up for acquisition will be cut to 10% later as part of fund management strategy By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore GLOBAL Logistic Properties (GLP) is partnering Singapore’s sovereign wealth fund GIC in the US$8.1
      546 words
    • Article
      Lock icon Temasek to take minority stake in Virtu: sources
      326 7 BLOOMBERG Singapore TEMASEK Holdings Pte will pay about US$ 180 million for a minority stake in Virtu Financial Inc, the US high-speed trading firm that postponed an initial public offering, according to a person familiar with the transaction. Temasek will purchase a
      BLOOMBERG  -  326 words
    • Article
      Lock icon Berkshire Hathaway Specialty Insurance gets S’pore licence
      376 7  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore PROPERTY and casualty insurer Berkshire Hathaway Specialty Insurance (BHSI) says that its non-life insurance licence in Singapore the first for the US conglomerate in Asia is “a first but important step” in its emerging markets expansion plans.
      376 words
    • Article, Illustration
      Lock icon Insiders snap up energy stocks as valuations fall
      983 8 Prices hit 10-year low as oil rout sparks stock selling stampede BLOOMBERG New York THE rout in energy stocks reminds Tim Rochford of something else he’s seen in Texas. “What happened is almost like a herd of cattle, one cow turns left,
      BLOOMBERG; PHOTO: AFP  -  983 words
    • Article
      Lock icon Hiap Hoe Hldgs buys all units at Treasure on Balmoral
      251 8 Singapore HIAP Hoe Group is selling all 48 units in its District 10 project, Treasure on Balmoral, to avoid paying further extension fees under the qualifying certificate (QC) rules. It disclosed on Monday that its controlling shareholder, Hiap Hoe Holdings
      251 words
    • Article
      Lock icon Ex-DBS banker to become CEO of Yeo Hiap Seng
      373 8  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore YEO Hiap Seng’s group chief executive officer Tjong Yik Min will be retiring on April 30 next year. He will be replaced by Melvin Teo Tzai Win, a former president-direc-tor of PT Bank DBS Indonesia,
      373 words
    • Article
      Lock icon Cambridge acquiring asset in business park
      224 8  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore CAMBRIDGE Industrial Trust is acquiring a property in Singapore’s pioneer business park for S$28 million. This is the industrial real estate investment trust’s first asset in a business park. Situated at 16 International Business Park in Jurong East,
      224 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 10 STI Catalist Straits Times index Dec 8,2014 3,297.84 -26.55 (-0.80%) Current streak 1 day Day high 3,332.53 Day low 3,297.84 52-week high 3,374.06 (July 31, 2014) 52-week low 2,960.09 (Feb 5, 2014) FTSE ST Catalist index Dec 8,2014 735.16 -12.32 (-1.65%) Current streak 2 days Day high 748.19 Day low
      63 words
    • Article, Illustration
      Lock icon Broad-based selling drags STI below 3,300
      654 10  -  Banks, Jardine stocks and SingTel suffer losses as index sheds 0.8 per cent; offshore oil sector sees renewed pressure STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THE Straits Times Index (STI) sank 26.55 points or 0.8 per cent to 3,297.84 in tepid trading on Monday
      Source: Bloomberg  -  654 words
    • Article
      Lock icon STI STOCKS
      307 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 229 -3 232/229 250 206 6.2 5786.2 CapitaLand 326 -3 333/326 348 268 16.3 2.5 *****.8 CapitaMall Trust 198 +0.5 199/197.5 209 180 5.2 6867.2 CityDev 991 +5 1001/986 1118 860 13.4
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    • Article
      Lock icon MOST ACTIVE
      36 10 VOLUME SIIC Environment 67,730,000 Pacific Century 60,337,000 IHC 53,715,000 Equation 47,590,000 OLS Enterprise 45,096,000 Market volume 1,468,239,000 VALUE DBS Grp 111,468,064 UOB 74,301,080 SingTel 71,519,390 Keppel Corp 65,166,516 Global Logistic 61,556,030 Market value 1,029,758,000
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Dec 8 VALUE CLOSE BT OB/OS -727.00 -144.00 BT CADI -*****.00 -129.00 BT 10-day MA -*****.00 -72.00 FTSE ST Mid Cap 741.26 -1.82 FTSE ST Small Cap 492.99 -5.50 FTSE ST All Share 791.40 -5.82 FTSE ST China Top 185.61 -1.74 FTSE ST China 222.79 -0.97 FTSE
      77 words
    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      34 10 STI FTSE ST All-Share FTSE ST All-Share index Dec8,2014 791.40 -5.82 (-0.73%) Current streak 1 day Day high 798.52 Day low 791.40 52-week high 819.39 (July 31, 2014) 52-week low 722.35 (Feb 5, 2014)
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      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE msci eafe index Dec 5,2014 1,832.11 +1.83 (+0.10%) Current streak 1 day Day high 1,837.71 Day low 1,822.84 52-week high 1,995.49 (July 3, 2014) 52-week low 1,714.64 (Oct 16, 2014)
      33 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 1 7 5 0 0 0 1 7 5 Manufacturing 26 65 32 8 6 13 34 71 45 Commerce 8 21 21 1 5 5 9 26 26 Tpt/Stor/Comms 9 20 11
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 17,697 17,697 90,938 90,938 Manufacturing 165,314 146,051 311,365 89,643 10,775 100,417 Commerce 64,215 36,749 100,964 51,727 2,352 54,079 Tpt/Stor/Comms 86,629 1,091 87,720 160,666 342 161,008 Finance 78,712 191 78,903 260,294 49 260,343 Construction 26,758 21,110
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    • Article
      Lock icon GAINERS
      75 10 BY CENTS CLOSE UP 52w high/low DBXT MSUSA US$ 5242 201.1 3.0 5242/4303 SPDR DJIA US$ ***** 158.8 0.7 *****/***** Lyxor ChinaH US$ 1636 47.6 2.3 1641/1221 DBXT CSI300 US$ 930 34.4 2.9 941/613 DBXT MSAsExJp US$ 3570 33.1 0.7 3808/2802 BY PERCENTAGE CLOSE UP 52w high/low Advance SCT
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    • Article
      Lock icon LOSERS
      77 10 BY CENTS CLOSE DOWN 52w high/low DBXT iBoxxSvEu US$ ***** -469.6 -1.3 *****/***** JMH USD 6018 -201.1 -2.5 6460/4934 DBXT MSKorea US$ 5631 -104.5 -1.4 6735/5550 JSH USD 3469 -93.9 -2.0 3810/3006 GLD US$ ***** -82.0 -0.5 *****/***** BY PERCENTAGE CLOSE DOWN 52w high/low SembMar MBeCW15 0.5 -54.5 -0.6
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    • Article
      Lock icon UNUSUAL ACTIVITY
      82 10 VOL CLOSE($) CHANGE ChinaSing Inv 13.0 0.013 -0.014 -51.85 Advance SCT 41,481.0 0.002 +0.001 +100.00 Equation 47,590.0 0.007 +0.001 +16.67 Qingmei 2,345.0 0.013 -0.003 -18.75 BlueSkyPower 676.0 0.121 -0.027 -18.24 EastGate Tech 939.0 0.031 +0.002 +6.90 Fuxing China 500.0 0.020 -0.001 -4.76 Changjiang Fert 60.0 0.031 +0.001 +3.33
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    • BROKERS’ TAKE
      • Article
        Lock icon Halcyon Agri Corp
        102 10 Hold Dec 8 close: S$0.555 Target price: S$0.64 UOB Kay Hian Research, Dec 8 After a bout of acquisitions, Halcyon (HALC) is facing a record low gross material profit, margin pressure and a weakened balance sheet. Given the current rubber bear market, risk of capacity under-utilisation heightens
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      • Article
        Lock icon Golden Agri-Resources
        173 10 Sell Dec 8 close: S$0.45 Target price: S$0.44 OCBC Investment Research, Dec 8 Golden Agri-Resources’ (GAR) share price tumbled some 13.7 per cent to an intraday low of S$0.44 on Dec 1; this after posting its worst set of quarterly results since Q1 FY09 on Nov 12. Although
        173 words
      • Article
        Lock icon Olam International
        191 10  -  Compiled by Kenneth Lim Buy Dec 8 close: S$2.05 Target price: S$3.10 DBS Vickers Research, Dec 8 Olam announced the acquisition of McCleskey Mills Inc (MMI), the third largest peanut sheller at an enterprise value of US$176 million. Our analyst believes the acquisition of MMI is a positive
        191 words
    • Article
      Lock icon SGX ETFs
      110 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap UETF SSE50China 215 +5 667 217/209 217/140 213/215 67.2 IS MS India US$ US768 -11 375 776/765 790/541 765/768 96 DBXT CSI300 US$ US930 +26 121 941/891 941/613 926/929 STI ETF 335 -1 116 338/335 343/298
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    • Article
      Lock icon US$ hits 2-year high against euro ahead of data reports
      472 11 CURRENCIES BLOOMBERG London THE dollar appreciated to the strongest level in two years versus the euro before reports this week which economists said will show US consumer confidence and retail sales improved. A gauge of the dollar headed for its
      BLOOMBERG  -  472 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 Dec 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.947 5.099 0.674 6.412 51.244 102.157 1.004 9.245 2.892 1.083 83.668 36.966 1.095 9.396 0.810 25.818 27.357 0.532 0.827 Canada 1.056 5.383
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      • Article, Illustration
        Lock icon HANG SENG
        2 11
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 11
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      • Article, Illustration
        Lock icon DOW JONES
        2 11
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 Dec 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0943 1.0953 0.8272 0.8273 Canadian dollar 1.1551 1.1566 0.8737 0.8731 Euro 1.6236 1.6250 1.2273 1.2274 NZ dollar 1.0100 1.0116 0.7635 0.7641 Sterling pound 2.0570 2.0591 1.5549 1.5553
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      • Article
        Lock icon US$/S$ FORWARD RATES
        21 11 Dec8 S$ Bid Offer 1-month 1.3239 1.3252 2-months 1.3241 1.3254 3-months 1.3243 1.3256 6-months 1.3246 1.3259 Source: OCBC
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      • Article, Illustration
        Lock icon NIKKEI
        1 11
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        365 11 Dec 8 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.66 *****.83 *****.74 Dec14 *****.00 *****.00 *****.00 *****.00 *****1 *****0 Mar15 *****.00 *****.00 *****.00 *****.00 ***** ***** MSCI TAIWAN INDEX FUTURES SPOT 342.00 342.45 339.32 Dec14 341.50 343.60 338.90 339.50 ***** *****3 Jan15 342.30
        365 words
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        207 11 Dec 8 Expiry Most active Dec 8 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left OLS Enterprise W*****5 0.4 unch 8408 1 1 8 3.25 32 DBS MB ePW*****2 14.5 -1.1 5200 0.2 1910 4 KepCorp MB ePW*****3 17.1
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 11 In local curr In S$ In US$ dy yr dy yr dy yr Dec 5 Index Change Change Change Change Change Change World Preliminary 1294.4 0.6 9.3 1.0 9.7 0.2 4.7 EAFE Preliminary 1012.0 1.1 5.8 1.0 0.2 0.1 -4.4 Europe Preliminary 1421.6 1.6 4.9
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    • BANK RATES
      • Article
        Lock icon SIBOR
        36 11 Dec 8 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 0.***** 3 mths 0.***** 6 mths 0.***** Source: Thomson Reuters
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      • Article
        Lock icon INTERBANK RATES
        154 11 Dec 8 $S Offer Bid 0vernight 0.08 0.03 1-month 0.4375 0.3125 2-months 0.4375 0.3125 3-months 0.4375 0.3125 Overnight mode: 0.28 US$ Offer Bid 7 days 0.18 0.08 1 month 0.25 0.15 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        71 11 Dec 8 Dec 8 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 105.36 105.40 105.35 5-Year N*****0H 1.625 01-Oct-19 100.37 100.45 100.45 10-Year NY*****H 3.000 01-Sep-24 106.21 106.90 106.43 15-Year NY*****E 2.875 01-Jul-29 103.38 104.13 103.45 20-Year NZ*****V 3.375
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        212 11 Dec-5 Price Net change change Last Trade Agricultural Dec-5 CBOT Soybeans (US cents/bu) 1036.00 25.50 2.52% 14/01/2015 CBOT Soybean Oil (US cents/lb) 32.01 0.41 1.30% 12/12/2014 CBOT Wheat (US cents/bu) 609.00 9.25 1.54% 12/12/2014 Dec-5 LIFFE Cocoa (£/tonne) 1978.00 28.00 1.44% 12/12/2014 LIFFE Coffee (US$/tonne) 2038.00 -10.00 -0.49%
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      • Article
        Lock icon PALM OIL
        57 11 Dec 8 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 14 2150.0 2148.0 2150.0 2148.0 300 1754 Jan 15 2186.0 2171.0 2202.0 2170.0 2769 ***** Feb 15 2195.0 2171.0 2204.0 2170.0 ***** ***** Mar 15 2199.0 2175.0
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      644 6 mm2 entertainment mm2 Asia Ltd. (Company Registration No. *****4372N) (Incorporated in the Republic of Singapore on 20 August 2014) Placement of 37,400,000 Placement Shares comprising 31,000,000 New Shares and 6,400,000 Vendor Shares at S$0.25 for each Placement Share, payable in full on application The Board of Directors of mm2 Asia
      644 words
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      Lock icon Page 6 Advertisements Column 2
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      183 words
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      366 words
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      225 words
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      742 8 gOba n HlJATIONti HUATIONG GLOBAL LIMITED (Company Registration No.: 20I*****5Z) (Incorporated in the Republic of Singapore on 1 August 2014) PLACEMENT OF 27,500,000 PLACEMENT SHARES AT SS0.20 FOR EACH PLACEMENT SHARE, PAYABLE IN FULL ON APPLICATION Capitalised terms used in this announcement, unless otherwise defined in this announcement, shall have
      742 words
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Taiwan against IOI Properties’ purchase of Taipei 101
      553 12  -  Malaysian firm’s attempt to buy 37.17% stake in national landmark to draw “strict review” from Investment commission By Pauline Ng btworld@sph.com.sg Kuala Lumpur TAIWAN has indicated that it is not keen on the idea of Malaysia’s IOI Properties Group (IOIPG) being a
      PHOTO: BLOOMBERG  -  553 words
    • Article
      Lock icon Singapore signs deal to masterplan Indian state’s new capital
      357 12  -  Developing Andhra Pradesh city will spell opportunities for S’pore firms: MTI By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore IN light of India’s plan to develop smart and sustainable cities, coupled with Singapore’s experience and expertise in urban development and city planning,
      357 words
    • Article
      Lock icon Property taxes on HDB flats to be lower in 2015
      235 12 WITH the latest revisions in annual values of HDB flats, owners will pay less in property taxes next year. Annual values, or the estimated annual market rent of a property, have been reduced by about 3 per cent in response
      235 words
    • Article, Illustration
      Lock icon Moving into a more stable neighbourhood
      409 12  -  DALIAN WANDA COMMERCIAL IPO By John Foley REUTERS BREAKINGVIEWS •••Sv;- Beijing A PRIME location is worth making sacrifices for. That may be why Dalian Wanda Commercial Property is accepting a modest valuation on its initial public offering in Hong Kong. At a potential market
      REUTERS BREAKINGVIEWS •••Sv;- .*•  -  409 words
    • Article
      Lock icon Holders of 28% of Songbird Estate’s free float back bid
      162 12 BLOOMBERG London A BID for Songbird Estates plc, owner of London’s Canary Wharf financial district, by Qatar Investment Authority (QIA) and Brookfield Property Partners LP is supported by investors holding 28 per cent of the company’s shares that are actively
      BLOOMBERG  -  162 words
    • Article, Illustration
      Lock icon HK churches cash in on land redevelopment
      1193 13 As the land allocated to them during British rule becomes prized property, some rebuild sites, sparking debate about urban planning and heritage preservation BLOOMBERG Hong Kong IN Hong Kong, where the four richest billionaires are in real estate, the Union Church is getting
      BLOOMBERG; PHOTO: BLOOMBERG  -  1,193 words
  • Page 12 Advertisements
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      Lock icon Page 12 Advertisements Column 1
      232 12 'V For a copy of the Investment Report Information, kindly procure from: 18 Ah Hood Road Level 8, ERA Zhongshan Park, Singapore *****3 INVESTMENT HOTLINE: Expression Of Interest PROPERTY LOCATION: Kota Laksamana, Melaka, Malaysia (Close Proximity To Holiday Inn Melaka Mins to Jonker Walk) LEGAL DESCRIPTION: Lot Nos. *****,*****,***** Kawasan
      232 words
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      Lock icon Page 12 Advertisements Column 2
      19 12 Show Off Your Prize Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices
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      161 12 REDEVELOPMENT SITE NEAR PAYA LEBAR MRT Invitation for Submission of JV Proposals Site Area: 2,219.6 sq m Zoned ‘Residential/Institution’, Plot Ratio 2.8 Within 1 km of Kong Hwa School and Geylang Methodist School (Primary) Expression of Interest Closing: Tuesday, 27 January 2015, 3 pm Investment Advisory Services: 6293 3228 ONG
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      110 12 Brand New Light Industrial off Raya Lebar V. i'.** For Lease CO co Excellent location, 5-min walk to Raya Lebar MRT Surrounded by amenities Good loading facilities. Floor load 15KN 7; High electrical supply Australian Property Finance Have you recently bought an Australian property and need a loan to complete
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      44 13 ICON MAGAZINE tI’fvitiwil'Jiffifc'icti'j mmm\ iijitfi 'aumnwmtwwHmi m\ mmmp/i NOW AVAILABLE AT NEWSSTANDS* *KINOKUNIYA, TIMES, MPH ICON digital is available on mobile devices. 0 0 B SUBSCRIBE TO ICON SINGAPORE Log on to www.iconsingapore.com for daily news on luxury living and like us atwww.facebook.com/SingaporelCON spnmagazines
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      185 13 ann: u MBFC TOWER 2 PSA BUILDING r SIX BATTERY RD SUNTEC TOWER 3 THE METROPOLIS SINGAPORE’S FINEST SERVICED OFFICES Fully furnished prestigious offices Business registration offices available Dedicated receptionist answering your calls the way you would like Meeting rooms, bilingual secretaries Global IT infrastructure 5 days free at any
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon Libor was manipulated even during probe: study
      907 14 Some argue even reforms don’t go far enough and the lowballing could return with another credit crunch BLOOMBERG London BANKS lowballed Libor submissions long after probes began into allegations they were doing so, research suggests, raising questions of whether lenders can be relied
      BLOOMBERG; PHOTO: BLOOMBERG  -  907 words
    • Article
      Lock icon Australia joins global race to top on bank capital
      407 14  -  By Peter Thal Larsen &0I REUTERS BREAKINGVIEWS Hong Kong AUSTRALIA did not suffer in the global financial crisis. Yet it continues to behave as if it did. In the latest example of the country’s state of mind, a government-backed inquiry has
      &0I REUTERS BREAKINGVIEWS  -  407 words
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      Lock icon WEF on impact investing: Do your homework first
      444 14 BLOOMBERG New York THE World Economic Forum has a message for wealthy families thinking about impact investing: Don’t just buy on the buzz, do your homework. Seeking investments with the dual purpose of making a profit and improving society has become trendy
      BLOOMBERG  -  444 words
    • Article
      Lock icon Japan bank loans in November up 2.8%, fastest since 2009
      310 14 BLOOMBERG Tokyo JAPANESE bank lending unexpectedly rose at the fastest pace since 2009, a positive sign in an economy that Prime Minister Shinzo Abe is trying to steer out of a deeper-than-expected recession. Loans, excluding lending by local Shinkin banks
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      Lock icon Deutsche Bank’s co-CEO cleared in Libor probe
      207 14 REUTERS Frankfurt GERMAN financial watchdog Bafin has found that Deutsche Bank co-chief executive Anshu Jain was neither aware nor part of possible attempts at the German lender to manipulate interest rates, German newspaper Handelsblatt reported. After a two-year investigation, Bafin concluded there was
      REUTERS  -  207 words
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      87 14 ATTENTION!ALLSHIPPING MARITIME BUSINESSES EXPOSURE GETENHANCED&AFFORDABLE BOTHINPRINTANDONLINE TOSELLYOURPRODUCTS&SERVICES 6cm PACKAGE A ONCE AWEEK PRINTAD ONLINE AD (3 months) 6cm x 2 col (7.9cm) Full Color just $202 per ad 6cm 2col (7.9cm) PACKAGE B TWICE A WEEK PRINT AD ONLINE AD (6 months) 6cm x 2 col (7.9cm) Full Color just
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon REC Solar sees positive impact from having new Chinese parent
      686 16  -  Solar-panel maker being acquired by China National Bluestar in a US$640m deal By Andrea Soh sandrea@sph.com.sg @AndreaSohBT THE acquisition of REC Solar by China National Bluestar will have only a positive impact on its operations in Singapore. Expansion will continue
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    • Article
      Lock icon Commodity benchmarks vulnerable to manipulation: study
      597 16 BLOOMBERG Geneva ALMOST two-thirds of commodity market participants say that benchmarks used to set the price of everything from crude oil to ethanol to zinc are vulnerable to manipulation, according to a new study. The report, to be published on Monday by UK law
      BLOOMBERG  -  597 words
    • Article
      Lock icon CME Group offers new iron ore contract
      376 16 BLOOMBERG Singapore CME Group Inc, the world’s largest futures market operator, starts a contract for iron ore with 58 per cent content on Monday as the steel-making commodity trades near a five-year low amid expanding global output. The cash-settled contract for 500 dry
      BLOOMBERG  -  376 words
    • Article
      Lock icon Thai rubber farmers to take to the streets as prices slump
      448 16 REUTERS Bangkok THAI rubber farmers plan protests to force the military government to provide more support for rubber prices and will take to the streets this week in defiance of martial law, a spokesman for farmers’ groups said on
      REUTERS  -  448 words
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      225 16 The Business Times Ik T^V 1 I 1 I /"I I 1 Toll free 1800-289-8822 I I I Email notices@sph.com.sg J J i L J www.sphclass.com.sg/notices NOTICE SC GLOBAL DEVELOPMENTS PTE LTD is the proprietor in Singapore of the following trademarks: THE ULTIMATE LIVING OWN THE ORIGINAL THE MARQ HILLTOPS
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      387 16 CGLSIN PTE. LTD. (Company Registration Number: *****6683M) (Incorporated in the Republic of Singapore) MEMBER’S WRITTEN RESOLUTION PASSED PURSUANT TO ARTICLE 83G OF THE ARTICLES OF ASSOCIATION OF THE COMPANY AND SECTION 184G OF THE COMPANIES ACT We, CGLM Ltd (Registered No. *****, C1/GBL), a company incorporated in Mauritius, being the
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon UBS turns to artificial intelligence to advise wealthy clients
      864 17 Singapore-based tech firm Sqreem Technologies will mine data on Swiss bank’s customers for insight BLOOMBERG Zurich UBS Group AG, facing the threat of competition from Google Inc and Amazon.com Inc, has turned to a Singa-pore-based technology company that uses artificial intelligence
      BLOOMBERG; PHOTO: REUTERS  -  864 words
    • Article
      Lock icon Web publishers wage war on pop-up ad blockers
      532 17 To protect their advertising revenue, they have threatened legal action against the software developers AFP Paris IMAGINE being able to surf the Web and watch videos online without having to swat away pesky pop-up ads? These days you can, thanks to small
      AFP  -  532 words
    • Article
      Lock icon Aussie startups’ use of backdoor listings worries regulators
      648 17 Tech IPOs hit US$1.5b, beating US$894m 1999 record REUTERS Sydney AUSTRALIA is experiencing a record-shattering boom in technology listings as startups starved of venture capital funding pursue backdoor listings, a trend that has regulators concerned companies are trying to take shortcuts to
      REUTERS  -  648 words
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      7 17 www.omy.sg in m Buzz Talk Bg5P news.omy.sg
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      15 17 Chinasetsup firstOverseas ChineseEconomic &Cultural Cooperation ExperimentZone inShantou To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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      183 17 acd an<=(s Supply Chain Training Centre Professional Qualification in Supply Chain V I T iu EMPOWER YOUR LEARNING CILT (UK) Level 5, Professional Diploma In Logistics Transport Awarded by The Chartered Institute of Logistics and Transport, U.K. A modular programme for middle managers with functional responsibilities in warehousing, transport, inventory
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  • CONSUMER
    • Article
      Lock icon Foreign drug firms in China see approval delays
      776 18 They worry that new procedures could push back plans to introduce medicines into the country by up to 2 years BLOOMBERG Beijing FOREIGN pharmaceutical companies in China say they are concerned that recent regulatory delays could push back plans to introduce their
      BLOOMBERG  -  776 words
    • Article, Illustration
      Lock icon US FDA prices “lost pleasure” of junk food into calorie count rule
      554 18 REUTERS New York US health regulators estimate that consumers will suffer up to US$5.27 billion in “lost pleasure” over 20 years when calorie counts on restaurant menus discourage people from ordering french fries, brownies and other high-calorie favourites.
      REUTERS; SPH FILE PHOTO  -  554 words
    • Article
      Lock icon Japan state fund to invest in ramen restaurant chain
      289 18 Cool Japan Fund to put in up to 2b yen to help it set up premium outlets in Europe and the US REUTERS Tokyo “COOL Japan Fund”, financed mostly by Japan’s government to promote Japanese culture overseas, will invest as much
      REUTERS  -  289 words
    • Article
      Lock icon Huffington Post to start Indian version with Times of India group
      350 18 BLOOMB ERG New Delhi HUFFINGTON Post, the news website owned by AOL Inc, will start an Indian version after teaming with the nation’s largest English-language newspaper. The website, which started publishing on Monday with the Times of India Group,
      BLOOMBERG  -  350 words
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      210 18 URBANATHLON 2015 TEST YOUR STRENGTH. CHALLENGE YOUR SPIRIT. 14KM ROUTE, 9 URBAN OBSTACLES EARLY BIRD RATE AT ONLY $108! (U.P.$128) TILL DEC 15, SO HURRY! MARCH 1, 2015 7AM KALLANG PRACTICE TRACK ARE YOU A CUB OR A LION? PROVE YOUR METTLE IN SINGAPORE’S TOUGHEST RACE WITH NEW OBSTACLES, OLD
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      34 18 Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices
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  • TRANSPORT
    • Article, Illustration
      Lock icon Joyce plans to stay on as Qantas shares double from record low
      764 19 CEO wants to see through A$2b cost-cutting programme; carrier enjoying strong market momentum, says analyst BLOOMBERG AFP Sydney QANTAS Airways Ltd chief executive officer Alan Joyce plans to see through a A$2 billion (S$2.2 billion) cost-cutting programme at
      BLOOMBERG; AFP; PHOTO: BLOOMBERG  -  764 words
    • Article, Illustration
      Lock icon French airport stake sale to Chinese firms sparks unease
      471 19 AFP Paris THE planned sale to a Chinese consortium of a 49.99 per cent government stake in a major French airport where Airbus tests and assembles planes has sparked a wave of unease. Paris announced last Thursday that it had decided
      AFP; PHOTO: REUTERS  -  471 words
    • Article
      Lock icon Societe Generale pulls out of long-delayed Queensland project
      384 19 REUTERS Melbourne SOCIETE Generale has suspended its involvement in financing a US$10 billion coal mine, rail and port project being developed by India’s GVK conglomerate and Australian billionaire Gina Rinehart, citing the project’s years-long delay. The French bank’s decision is the latest
      REUTERS  -  384 words
    • Article
      Lock icon Singapore seeks proposals for fleet-based electric vehicle car-sharing trial
      413 19  -  By Samuel Ee samuelee@sph.com.sg Singapore IN the second phase of its electric vehicle (EV) testing, the government will trial an EV car-shar-ing programme in Singapore with up to 1,000 fully electric passenger cars over a 10-year project duration. The Land Transport
      413 words
    • Article
      Lock icon Hotel booking site eyes growth surge
      523 19  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore JOURNEYFUL.COM is expecting bookings to pick up strongly on the hotel booking platform after having gone through a revamp in recent weeks. Launched in 2010, the website offers an inventory of over 200,000 hotels worldwide, with a refreshed
      523 words
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      504 19 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF BASALT PTE. LTD. Company Registration No. *****3178G (In Voluntary Liquidation) At an Extraordinary General Meeting of the company duly convened and held at 111, North Bridge Road, #05-64B, Peninsula Plaza, Singapore *****8 on 16 April 2014,
      504 words
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Italy, Germany hit back at Merkel
      593 20 They tell her to focus on Germany’s own economic woes instead of lecturing other EU nations REUTERS Berlin ITALY and France have expressed irritation with a call from Chancellor Angela Merkel for them to do more to bring their budgets into line with EU
      REUTERS; PHOTO: AFP  -  593 words
    • Article
      Lock icon US economy picking up steam but many buy Republican spiel
      930 20 Slow pace of growth has frustrated those who have not felt recovery’s benefits BLOOMBERG Washington TO hear Republicans tell it, President Barack Obama is the leader of a lacklustre economy and Americans believe them. The only problem: That view is
      BLOOMBERG  -  930 words
    • Article
      Lock icon Interest rate hike will hit Britons with big mortgages
      636 20 REUTERS London BRITONS who have relied on years of record-low interest rates to manage hefty mortgages are looking nervously ahead to 2015, when the Bank of England (BOE) finally looks set to start raising rates. British people have more debt per
      REUTERS  -  636 words
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      Lock icon Draghi may have his way with QE early next year
      831 20 REUTERS Frankfurt FROM his office on the 41st floor of the gleaming new European Central Bank (ECB) headquarters, Mario Draghi’s view stretches far beyond Frankfurt’s high-rise financial centre and he doesn’t like what he sees. The darkening outlook for the
      REUTERS  -  831 words
    • Article
      Lock icon New Tokyo law casts doubts on those with foreign stints
      264 20 AFP Tokyo PEOPLE who have worked or studied abroad are more likely to give away Japan’s state secrets, a government memo reportedly says, as Tokyo prepares to implement a draconian new law punishing leaks. The Cabinet Intelligence and Research Office,
      AFP  -  264 words
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      Lock icon China advisers said to propose cutting 2015 growth target to 7%
      688 21 Country looks set to miss its growth target this year for the first time since 1999 REUTERS Beijing INFLUENTIAL advisers to the Chinese government are recommending it cuts its 2015 growth target to 7 per cent as the country’s
      REUTERS; PHOTO: AFP  -  688 words
    • Article
      Lock icon Asean+3 facility closes its first dong bond guarantee
      311 21  -  By Anthony Rowley btworld@sph.com.sg Tokyo THE multilateral facility set up by Asean plus China, Japan and South Korea (Asean+3) announced on Monday the successful closing of its first guarantee for a Vietnamese dong bond. The Credit Guarantee and Investment Facility (CFIF), established
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    • Article
      Lock icon Jakarta begins war on illegal fishing, sinks 3 Viet vessels
      629 21  -  By Jeffrey Hutton btworld@sph.com.sg Jakarta INDONESIA has fired the opening salvo in its war on illegal fishing: a local scourge that the government says saps tens of billions of dollars from the country’s economy. But because the theft of fish
      629 words
    • Article
      Lock icon Indonesia plans management shake-up at state power utility
      538 21 Move at Perusahaan Listrik Negara part of series of reforms to boost confidence REUTERS Jakarta INDONESIA is planning a management shake-up at state power utility Perusahaan Listrik Negara (PLN) as it pushes ahead with a review of the running of its state-owned
      REUTERS  -  538 words
    • Article, Illustration
      Lock icon UN body flags threat from rising use of heroin in South-east Asia
      733 21  -  By Anthony Rowley btworld@sph.com.sg Tokyo OPIUM cultivation is again on the rise in South-east Asia, even as trafficking and consumption of heroin, an opi-um-derived drug, is a growing problem in countries including Singapore. A report by the United
      PHOTO: BLOOMBERG  -  733 words
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  • OPINION
    • Article
      Lock icon US Republicans should stop pushback against climate change
      518 22 EDITORIAL A DIPLOMATIC agreement involves a process of give and take and tends to be criticised by those who believe that the compromise runs contrary to the national interest. So it was not surprising that the US-China agreement to curb carbon emissions
      518 words
    • Article, Illustration
      Lock icon The happiness curve
      833 22  -  THE BOTTOM LINE By Robert Samuelson THE WASHINGTON POST WRITERS GROUP Washington WE all want to be happy, don’t we? Well, if you’re dissatisfied, frustrated or downright miserable, cheer up. There’s apparently a cure for you. Even better, it will materialise automatically. Just sit and wait; the
      THE WASHINGTON POST WRITERS GROUP  -  833 words
    • Article, Illustration
      Lock icon India’s disaster management is itself a disaster
      1045 22  -  New Delhi’s main approach to disaster management continues to be rooted in crisis management only after the crises have occurred By Asit K Biswas, Udisha Saklani T The writers are, respectively, the Distinguished Visiting Professor in the Lee Kuan Yew School of Public
      PHOTO: REUTERS  -  1,045 words
    • Article
      Lock icon Could falling oil prices spark a financial crisis?
      791 23  -  ENERGY DEBT By Nick Cunningham OILPRICE.COM THE oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Not only has financing come from company shareholders and traditional banks, but hundreds of billions of dollars
      OILPRICE.COM  -  791 words
    • Article
      Lock icon Tackling system failures needs new paradigm
      739 23  -  By Joseph Lim T The writer is vice-president (Asia-Pacific) at FNT Solutions, an IT infrastructure company IN AN era where minimising service disruptions are of prime importance to businesses, the system failure which caused the disruption of trading on Singapore Exchange last week was
      739 words
    • Article, Illustration
      Lock icon WHY WAS CHUCK HAGEL LET GO?
      1564 23  -  As Obama seemed to have shared a common national security agenda with his Defense Secretary, the latter’s exit has raised some questions. BY LEON HADAR BY LEON HADAR Washington A FEW days after his party had suffered a devastating electoral setback during the 2006
      PHOTO: REUTERS  -  1,564 words
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  • Article
    Lock icon Shipping times
    963 24 Vessel Voy Sin Pusan Tarawa Honiara Santo Port Vila Noumea Lautoka Suva Nukualofa Apia Pago Pago Papeete Lae P. Moresby Townsville Hyundai Bridge 298E 10 Dec 09 Jan 25 Jan 02 Feb 03 Feb 04 Feb 09 Feb 10 Feb 13 Feb 23 Feb 17 Feb Hyundai Bridge
    963 words
  • Page 24 Advertisements
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      194 24 USE THIS SPACE TO SELL CALL JOE WONG AT *****327 TO ADVERTISE THE BUSINESS TIMES Shipping times Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 f H onamsc so Spotlight Award Wins
      194 words
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  • LIFE & CULTURE
    • Article, Illustration
      Lock icon Abrupt exit of Christie’s CEO prompts review
      882 25 Heads roll as fight to lure wealthy collectors continues between Christie’s and rival Sotheby’s BLOOMBERG Paris CHRISTIE’S International Plc’s Patricia Barbizet, who was named chief executive officer last week after the surprise exit of Steven Murphy, will review options that may include a
      BLOOMBERG  -  882 words
    • Article, Illustration
      Lock icon Stars shine at Kennedy Center Honors
      571 25 AFP Washington AN Englishman in New York was the toast of Washington on Sunday as British pop star Sting was feted with fellow recipients at this year’s Kennedy Center Honors. He took time off from his Broadway show The Last Ship to join Os-car-winning
      AFP; PHOTOS: AFP, REUTERS  -  571 words
    • Article, Illustration
      Lock icon Kidman reveals 2014 as ‘toughest year ever’ after father’s death
      360 25 AFP Sydney AUSTRALIAN film star Nicole Kidman has described 2014 as her toughest ever year, saying the sudden death of her father in Singapore had left her family in “so much pain”. In Sydney for the premiere of her new
      AFP; PHOTO: AFP  -  360 words
  • Page 25 Advertisements
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      71 25 HOT PROPERTY YISHUN CORP BLDG, Ground Flr 5,000 20,000 sf divisible. 6M ceiling, easy access, 600 amp, 20KN floor loading. Nice Mezz flr off. Free parking. FACTORY SPACE FOR Rent Kaki Bukit area. 3000 sf. With utilities. Pte lift. NOVELTY BIZ CTR. Mins walk Tai Seng MRT. 1216 sf, #03-02,
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      Lock icon Page 25 Advertisements Column 2
      29 25 ASIA'S LEADING LUXURY YACHTING MAGAZINE SINCE 1976 B0ATING mCMnAiw NO\)(/ JD Available on the iPhone App Store Q|| Subscribe at www.asia-pacificboating.com Blulnc A SUBSIDIARY OF SPH MAGAZINES PTE LTD
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  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      318 25 CRYPTIC CROSSWORD Across 1 The German diamonds holding I have acquired (7) 5 Small and crazy, grabbing the woman under the table (7) 9 Foul allowed? Not at first (5) 10 Common virus Neal developed (9) 11 Sorting out musical instrument —then I perform songs (10) 12 Do be quiet
      318 words
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  • SME
    • Article, Illustration
      Lock icon SMEs that tap Machine to Machine tech will punch above their weight
      1137 26  -  The technology providing the means to link diverse devices to the Net has up until now been the preserve of large corporations. BY NIKLAS EKARV corporations.BY NIKLAS EKARV T The writer is head of M2M Asia Pacific, Vodafone
      PHOTO: REUTERS  -  1,137 words
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      Lock icon Managing risks when using the cloud
      874 27  -  SMEs should protect themselves with the right tools and a committed team of outsourced IT security experts to enjoy the cloud’s benefits with confidence.BY COMMENTARY confidence.BY DAN DINNAR T The writer is vice-president, Asia-Pacific, at CyberArk Software THE balance that small and medium-sized enterprises
      PHOTO: AFP  -  874 words
  • Page 26 Advertisements
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      90 26 Work smart for just S$58, wherever you are in Singapore business lounge m vi Introducing the first Regus Express business lounges in Asia; the perfect way to stay productive on the move. Drop in to one of our stylish lounges and work on the go in our professional working environment,
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      Lock icon Page 26 Advertisements Column 2
      57 26 WE’RE STILL MEN’S HEALTH Singapore’s No 1 Men’s Magazine Readership 75,000 HOME DECOR Singapore’s No 1 Interior Design Magazine Readership 47,000 YOUNG PARENTS Singapore’s No 1 Parenting Magazine Readership 27,000 TORQUE Singapore’s No 1 Monthly Car Magazine Readership 18,000 WE THANK OUR LOYAL READERS FOR MAKING US YOUR FAVOURITE LIFESTYLE
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      267 27 NEW ZEALAND IS THE ULTIMATE BUSINESS EVENTS DESTINATION Are you the ultimate candidate? i New Zealand is the ultimate business events destination and Tourism New Zealand’s task is to make sure that the world knows it. Our role is to grow the value of international visitors for the benefit of
      267 words
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