The Business Times, 15 May 2015

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

Microfilm: NL33485
Total Pages: 34
1 34 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    34 1 THE BUSINESS TIMES 2015 SOCIETY OF NEWS DESIGN EXCELLENCE AWARD■BEST IN OVERALL REDESIGN■ S$1.00 3:31 A SINGAPORE PRESS HOLDINGS PUBLICATION wvvw.businesstimes.com.sg [3 D @BTBreakingnews CO REGN NO ’l*****868E MCI (P) 051/08/2014 Friday, May 15,2015
    34 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    237 1 The first win by a Singapore law firm in an investor-state arbitration case is expected to pave the way for the Republic to play a more active role as an international dispute resolution hub. TOP STORIES 4 Ground-handler SATS reports a 21.1 per cent year-on-year jump in net
    237 words
  • Article
    Lock icon SIA steadies flight, lifts bottom line
    784 1  -  Q4 net profit soars nearly 47% to S$39.6m on lower fuel bills By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore AFTER recent turbulence, Singapore Airlines (SIA) got a lift from lower fuel prices in the fourth quarter, bolstering the bottom line which surged nearly 47 per
    784 words
  • Article
    Lock icon MARKETS
    28 1 MARKETS Thursday Change STI 3,455.78 +2.61 KL COMP 1,807.55 +4.53 NIKKEI 225 19,570.24 -194.48 HANG SENG 27,286.55 +37.27 SHENZHEN B 1,516.66 +17.40 DOW (11.15 EDT) 18,204.96 +144.47
    28 words
  • Article, Illustration
    Lock icon Hotel Grand Central profit surges on Little India, NZ divestments
    1072 1  -  Group set to open new hotel behind Orchard Road on Monday; adjacent hotel slated for August opening By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore HOTEL Grand Central, which posted on Thursday a surge in first-quarter net earnings to S$76.6 million from
    PHOTO: SHAWN TEO  -  1,072 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      58 1 8 "*****1 *****4 VINTAGE PORT The 2014 en primeur y campaign WINE 31 B V LG A R I BOUTIQUES TAKASHIMAYA DEPARTMENT STORE, THE SHOPPES AT MARINA BAY SANDS AUTHORIZED WATCH RETAILERS CORTINA WATCH, DICKSON WATCH JEWELLERY. SINCERE FINE WATCHES THE HOUR GLASS, WATCHES OF SWITZERLAND «Details make perfection, and
      58 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      57 1 McDonald's turns 75 today TOP STORIES 6 f I‘ ‘I-I‘ _:I J ‘I ‘h’ 5;. I I singtel Q4 earnings up 4.5% to S$939m "'é"*-r:- -3'-‘"’ TOP STORIES 2 FEST’S FINEST FARE The Singapore International Festival of Arts is set to return with some exceptional works. BT Lifestyle picks out
      57 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      20 1 ONLINE ONLY Read Boardroom Matters, a series of articles from the Singapore Institute of Directors, on BTinvest every Friday btd.sg/Blwatter
      20 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Pressure mounts on Greece to make deal and avert default
      594 2 Officials from Athens in talks with creditors, eurozone and IMF BLOOMBERG REUTERS Athens THE debate over what to do about Greece is accelerating. Greek officials were to hold talks with the euro area and the International Monetary Fund on Thursday
      BLOOMBERG; REUTERS; PHOTO: AFP  -  594 words
    • Article
      Lock icon Singtel reports 4.5% rise in Q4 earnings to S$939m
      1137 2  -  Results helped by strong performance of core business; strong showing too from associates By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore HELPED by the strong performance of its core business and that of its associates, Singapore Telecommunications (Singtel) reported a strong fourth
      1,137 words
    • Article
      Lock icon New Shell-BG better able to dampen LNG swings
      413 2  -  By Fiona Maharg-Bravo REUTERS BREAKINGVIEWS Madrid IT’S a tough time for liquefied natural gas. Demand is weak and the market looks oversupplied. So why is oil and gas major Royal Dutch Shell doubling down on LNG by buying its smaller rival BG
      REUTERS BREAKINGVIEWS  -  413 words
    • Article
      Lock icon China lays out ground rules to tackle local debt mess
      1141 2 Challenge is convincing financial institutions to make swaps, buy bonds BLOOMBERG Beijing MORE than six years after China unleashed a record credit boom to shore up growth in the grip of the biggest global financial crisis since the 1930s, policymakers
      BLOOMBERG  -  1,141 words
    • Article
      Lock icon Singapore breaks new ground as arbitration hub
      645 4  -  The International Centre for Settlement of investment Disputes hears its first case outside of US, France By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore THE first win by a Singapore law firm in an investor-state arbitration case is expected to pave the way for the
      645 words
    • Article, Illustration
      Lock icon BOE governor Carney in favour of early referendum on EU
      522 4 Referendum pledge had been major battleground during election campaign BLOOMBERG London BANK of England governor Mark Carney indicated he’s in favour of Prime Minister David Cameron holding an early referendum on Britain’s European Union membership. The vote should take place
      BLOOMBERG; PHOTO: BLOOMBERG  -  522 words
    • Article
      Lock icon Asean states ‘too disparate to come together for common market’
      638 4  -  Panel at Asean Business Club also discusses gulf between govt and business By Elizabeth Mak eamak@sph.com.sg Singapore ASEAN was on Thursday described as not being ready for the single market it hopes to set up among its 10 members by
      638 words
    • Article
      Lock icon Big Agri and the foodie feedback loop
      408 6  -  FOOD FARE By Kevin Allison £31 REUTERS BREAKINGVIEWS Chicago BIG Agriculture is stuck in a foodie feedback loop. Chipotle Mexican Grill’s decision to phase out genetically modified foods, Panera Bread’s ban on 150 artificial ingredients and a recent move by McDonald’s to stop
      £31 REUTERS BREAKINGVIEWS  -  408 words
    • Article, Illustration
      Lock icon Birthday blues?
      320 6  -  MCDONALD’S the US$94 billion chain known for creating the hyper-efficient kitchen assembly line that defines modern-day fast food operations turns 75 today, a feat considering the average lifespan of a Fortune 500 MNC is about 45 years. Yet it appears that burdened by this very size and success,
      Compiled by BT; BT Graphics: Hyrie Rahmat & Simon Ang  -  320 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      49 3 Jaeger-leCoultre Boutique 2 Orchard Turn, ION Orchard, #02-08, Singapore 2 Bayfront Ave,The Shoppes at Marina Bay Sands, #B2-240, Singapore E 12 O JL m a Jaeger m O) 00 6 6 MADE r.-: .V Rendez-Vous Night Day watch Carmen Chaplin, Actor and Director Jaeger-leCqultr^> Open a whole new world
      49 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      195 4 r S? a > if <1 9 A A Mfj A SPECTACULARLY DECADENT SUNDAY BRUNCH Embark on a Voyage of tastes and textures, through sumptuous passages with a Compass, make a stop at the Port of Call, and arrive at The Landing Point. Our spectacular Sunday Brunch returns with a
      195 words
Page thumbnail Page 5
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      644 6 THE BUSINESS TIMES NOTICES Toll free 1800-289-8822 Email notlces@sph.com.sg www.sphdass.com.sg/notices TAISHIN INTERNATIONAL BANK CO., LTD. AND SUBSIDIARIES Head Office: 1 F,B1 F,Sec.2,No. 44, Zhongshan N. Rd.,Zhongshan Dist.,Taipei City 104,Taiwan (R.O.C.) CONSOLIDATED BALANCE SHEETS (In Thousands of New Taiwan Dollars) December 31 December 31, 2014 2013 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
      644 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      463 7 WE PLANTEDTHE SEEDOF SUSTAINABILITY SOTHATEVERYONE CAN HARVEST THE FRUITS OFOUR LABOUR. We are honoured to be the biggest winner in the BCA Awards 2015. As a developer, we are in a position of influence to shape a sustainable built environment. Beyond investing in green infrastructure, we continue to cultivate eco-partnerships
      463 words
Page thumbnail Page 8
  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Oil price rout hits O&M firms in Q1
      764 8  -  Nam Cheong profit takes a dive; Swiber and Otto Marine both in the red By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore IT’S hard out there for an offshore and marine (O&M) firm, going by the bloodletting on display at the end of the
      FILE PHOTO  -  764 words
    • Article
      Lock icon NOL slashes Q1 loss, says outlook still bleak
      436 8  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore PORT congestion in the west coast of the United States and weaker freight rates across most trade lanes weighed down liner revenue for shipping company Neptune Orient Lines (NOL), leaving the group underwater for the first
      436 words
    • Article, Illustration
      Lock icon Tiger Balm soothes Haw Par’s pains in leisure, property
      379 8  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore HAW Par Corp’s first-quarter net profit rose 10.6percenttoS$13.5 million as an invigorating Tiger Balm business alleviated weakness in leisure and property, the conglomerate announced on Thursday. Haw Par’s per-share net profit was 6.1 Singapore cents
      PHOTO: HAW PAR CORPORATION  -  379 words
    • Article
      Lock icon SATS reports 21.1% hike in Q4 profit, lifted in part by lower costs
      536 9  -  But revenue drops 2.2% as higher gateway services sales offset by weaker food solutions sales By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore BOOSTED by lower expenses and higher contributions from associates and joint ventures, ground-handler SATS reported a
      536 words
    • Article, Illustration
      Lock icon KrisEnergy back in the black on one-off gains
      460 9  -  By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore DESPITE a trying time for the crude oil industry, oil exploration and production firm KrisEnergy has swung to a net profit of US$46.3 million for the first quarter ended March, from a net loss of
      FILE PHOTO  -  460 words
    • Article, Illustration
      Lock icon Genting Singapore Q1 profit tumbles 73% as revenue slips
      431 10  -  Bad debt provisions up 30%; premium gaming market continues to be weak By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore GENTING Singapore’s first-quarter 2015 scorecard came in expectedly weak with net profit plunging 73 per cent to S$62.7 million from a year ago,
      PHOTO: BLOOMBERG  -  431 words
    • Article
      Lock icon CapitaLand to buy back S$1.7b worth of convertible bonds
      402 10  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore CAPITALAND has commenced a tender to buy back S$1.69 billion worth of outstanding convertible bonds, to be funded by a proposed issuance of new convertible bonds of up to S$800 million as well as internal
      402 words
    • Article
      Lock icon GLP’s Q4 net down 34.5% to US$105m
      469 10  -  By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore GIC-BACKED Global Logistic Properties (GLP) on Thursday reported a 34.5 per cent fall in net profit to US$104.86 million for the final quarter ended March, from US$ 159.98 million in the year-ago period. The group which
      469 words
    • Article
      Lock icon Spirits, beer lead ThaiBev Q1 profit up by 10%
      425 10  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore THAI Beverage Public Co’s net profit grew 10 per cent to 6.6 billion baht (S$260 million) in the first quarter as all key business segments saw higher sales, the beverage maker announced on Thursday. Net
      425 words
    • Article
      Lock icon Croesus Retail Trust’s Q3 DPU up 8% at 1.9 S cents
      309 10  -  By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore CROESUS Retail Trust, a property trust focused on Japanese malls, on Thursday reported a distribution per unit (DPU) of 1.9 Singapore cents for its third quarter ended March 31, 2015, an 8
      309 words
    • Article
      Lock icon CWT’s Q1 profit down 16% to S$29.2m
      293 10  -  By Prisca Ang prisang@sph.com.sg Singapore LOGISTICS, commodity and engineering group CWT Ltd’s first-quarter net profit dipped 16 per cent to S$29.2 million, due to a slowdown in trade services, translation losses on eu-ro-dollar denominated inter-compa-ny loan to a subsidiary, as well as start-up
      293 words
    • CORPORATE DIGEST
      • Article
        Lock icon Raffles Education Corp
        46 10 RAFFLES Education Corp’s net profit for its third quarter ended March fell 80 per cent to S$4.7 million. Revenue was flat at S$31.2 million from S$31.1 million. Earnings per share fell to 0.47 Singapore cents from 2.32 Singapore cents. No dividend was recommended.
        46 words
      • Article
        Lock icon QT Vascular
        52 10 QT Vascular posted a net loss of US$5.6 million for the first quarter 2015 from a loss of US$9.2 million a year ago. Revenue was up 16.1 per cent at US$3.3 million led by higher sales of its balloon catheters. Loss per share for the quarter was one
        52 words
      • Article
        Lock icon Lum Chang Holdings
        47 10 CONSTRUCTION firm Lum Chang Holdings plans to acquire a full stake of the units in a Jersey unit trust for £51.32 million (S$107 million). The unit trust, 130 Wood Street Unit Trust, has one asset a freehold commercial property that is currently fully leased.
        47 words
      • Article
        Lock icon Sheng Shiong Group
        81 10 THE supermarket chain operator has received the necessary approvals from Chinese authorities for its proposed joint venture to operate supermarkets in China with Kunming LuChen Group. Sheng Siong will inject US$6 million in cash for a 60 per cent stake in the venture, while LuChen Group will
        81 words
      • Article
        Lock icon Silverlake Axis
        74 10 SILVERLAKE Axis posted a 22 per cent rise in net profit to RM77 million (S$28.5 million) for the third quarter ended March 2015 from a year ago. Revenue rose 5 per cent to RM143 million. The firm said it benefited from the implementation of Goods and Services Tax
        74 words
    • Article
      Lock icon Hyflux Q1 profit down 85% on lower divestment gains
      312 10  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore LOWER divestment gains led to water solutions firm Hyflux posting a net profit of S$5.6 million for its first quarter ended March 31, 2015, down 85 per cent from S$ 3 7.9 millionayear ago. Revenue
      312 words
    • Article, Illustration
      Lock icon Market drifts as volume stays poor
      686 12  -  Performance in line with expectations as Wednesday’s short-covering bounce was expected to run out of momentum STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THE Straits Times Index on Thursday drifted lower for most of the session before ending at 3,455.78 for a net gain of
      Source: Bloomberg  -  686 words
    • Article
      Lock icon STI STOCKS
      307 12 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 244 +2 245/241 271 219 6 6170.2 CapitaLand 355 +1 356/352 379 293 13 2.5 *****.2 CapitaMall Trust 217 +5 218/213 228 188.5 5 7529.3 CityDev 1016 -3 1019/1010 1095 915 12.2
      307 words
    • Article
      Lock icon MOST ACTIVE
      36 12 VOLUME WE 315,903,800 KLW Hldgs 73,733,400 SIIC Environment 50,390,900 IHC 38,975,400 Jaya 38,031,000 Market volume 1,653,144,000 VALUE UOB 66,575,302 DBS Grp 65,844,557 Singtel 58,545,584 Keppel Corp 43,121,186 YZJ Shipbldg SGD 32,971,917 Market value 978,666,000
      36 words
    • Article
      Lock icon SGX ETFs
      111 12 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS MS India US$ US728 +2 88 731/725 1000/675 728/731 91 DBXT MSPAKIS US$ US202 +1.1 80 202.6/202 218.4/178.5 201.5/202 9.9 Nikko AM STI ETF 356 +1 51 356/354 422/324 354/356 8.6 GLD US$ US***** +198
      111 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 12 May 14 VALUE CLOSE BT OB/OS -530.00 +63.00 BT CADI -*****.00 -6.00 BT 10-day MA -*****.00 -53.00 FTSE ST Mid Cap 784.96 +1.08 FTSE ST Small Cap 492.44 -0.54 FTSE ST All Share 828.22 +0.61 FTSE ST China Top 209.08 -0.23 FTSE ST China 244.72 -1.20 FTSE
      77 words
    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 12 STI FTSE ST All-Share ftse ST All-Share index May 14,2015 828.22 +0.61 (+0.07%) Current streak 2 days Day high 829.68 Day low 826.05 52-week high 847.98 (Apr 15, 2015) 52-week low 762.71 (Oct 16, 2014)
      35 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 12 STI MSCI EAFE MSCI EAFE index May 13,2015 1,935.97 +15.66 (+0.82%) Current streak 1 day Day high 1,941.40 Day low 1,915.33 52-week high 1,995.49 (July 3, 2014) 52-week low 1,697.01 (Jan 7, 2015)
      33 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 12 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 5 4 0 0 0 5 5 4 Manufacturing 44 58 36 8 5 12 52 63 48 Commerce 16 17 27 4 3 4 20 20 31 Tpt/Stor/Comms 6 20 14
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 12 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 18,978 18,978 77,083 77,083 Manufacturing 140,890 119,483 260,373 121,703 6,582 128,285 Commerce 84,342 341,823 426,165 60,273 3,461 63,734 Tpt/Stor/Comms 132,043 529 132,572 143,570 40 143,611 Finance 26,436 87 26,523 201,092 16 201,108 Construction 47,575 28,461
      123 words
    • Article
      Lock icon GAINERS
      75 12 BY CENTS CLOSE UP 52w high/low GLD US$ ***** 261.5 1.7 *****/***** SPDR S&P500 US$ ***** 147.9 0.5 *****/***** DBXT MSKorea US$ 5996 146.6 1.9 6735/5484 JSH USD 3523 68.7 1.5 3810/3233 Prudential USD 2500 66.0 2.0 2500/2150 BY PERCENTAGE CLOSE UP 52w high/low PSL Hldgs W*****2 0.5 150.0
      75 words
    • Article
      Lock icon LOSERS
      75 12 BY CENTS CLOSE DOWN 52w high/low DBXT Chia50 US$ 3965 -62.1 -1.2 4258/2782 DBXT E50 US$ 5156 -33.0 -0.5 5630/4562 DBXT MSTaiwan US$ 2314 -26.4 -0.9 2392/2056 Lyxor ChinaH US$ 1876 -21.1 -0.8 2041/1280 Venture Corp 791 -15.0 -1.9 867/716 BY PERCENTAGE CLOSE DOWN 52w high/low China Hongcheng 0.4
      75 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      80 12 VOL CLOSE($) CHANGE China Hongcheng 159.8 0.004 -0.007 -63.64 WE 315,903.8 0.006 -0.001 -14.29 Infinio 6,800.1 0.003 -0.001 -25.00 Hosen 260.0 0.055 -0.005 -8.33 Prudential USD 1.5 25.000 +0.500 +2.04 AliPictures HKD 11.1 3.550 +0.450 +14.52 CFM 60.0 0.088 -0.002 -2.22 China Yuanbang 1,818.0 0.052 -0.002 -3.70 IPSSecurex
      80 words
    • Article
      Lock icon BROKERS’ TAKE
      422 12  -  Compiled by Jamie Lee ComfortDelGro Hold May 14 close: S$3.06 Target price: S$3.07 OCBC Investment Research, May 14 AS the first quarter’s performance has historically always been the weakest, ComfortDelGro’s (CDG) 1Q15 results were broadly in-line with our expectations.We expect stable growth to continue, as management guided for
      422 words
    • Article
      Lock icon CALENDAR
      6 12 DATA I1pm Singapore retail sales
      6 words
    • Article
      Lock icon Dollar hit by poor US retail sales data
      414 13 CURRENCIES REUTERS London THE dollar fell on Thursday to its weakest against a basket of major currencies since the European Central Bank announced a programme of quantitative easing in January, hit by growing concern that the US economy has not just been
      REUTERS  -  414 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 13
        2 words
      • Article
        Lock icon INTERBANK CROSS RATES
        471 13 May 14 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.966 5.010 0.709 6.262 51.661 106.138 0.963 8.817 2.889 1.077 82.240 35.984 1.067 9.623 0.739 24.681 27.057 0.512 0.808 Canada 1.035 5.188
        471 words
      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 13
        2 words
      • Article, Illustration
        Lock icon NIKKEI
        1 13
        1 words
      • Article, Illustration
        Lock icon DOW JONES
        2 13
        2 words
      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 13 May 14 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0665 1.0675 0.8076 0.8082 Canadian dollar 1.1046 1.1049 0.8365 0.8365 Euro 1.5043 1.5051 1.1391 1.1395 NZ dollar 0.9906 0.9915 0.7501 0.7507 Sterling pound 2.0817 2.0824 1.5763 1.5766
        155 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        22 13 May 14 S$ Bid Offer 1-month 1.3210 1.3215 2-months 1.3215 1.3221 3-months 1.3220 1.3224 6-months 1.3235 1.3239 Source: OCBC
        22 words
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        407 13 May 14 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES SPOT *****.59 *****.18 *****.16 May15 *****.00 *****.00 *****.50 *****.00 *****8 *****5 Jun15 *****.50 *****.50 *****.50 *****.00 ***** ***** NIKKEI 225 INDEX FUTURES SPOT *****.52 *****.80 *****.82 Jun15 *****.00 *****.00 *****.00 *****.00 ***** *****9 Sep15
        407 words
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        208 13 Most active May 14 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left WE Holdings Ltd W*****5 0.2 -0.1 ***** 1 0 3 DBS MB ECW*****1 12.2 -0.1 4158 0.1 2180 5 KepCorp MB eCW*****1 8.7 0.3 4114 0.2 930
        208 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 13 In local curr In S$ In US$ dy yr dy yr dy yr May 13 Index Change Change Change Change Change Change World Preliminary 1344.4 0.1 5.4 -0.4 4.8 0.4 4.8 EAFE Preliminary 1089.9 0.0 10.4 0.0 9.1 0.8 9.1 Europe Preliminary 1521.3 0.0 10.1
        373 words
    • BANK RATES
      • Article
        Lock icon SIBOR
        36 13 May 14 1 mth 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 1.***** SWAP Offer rates 1 mth 0.***** 3 mths 0.***** 6 mths 0.***** Source: Thomson Reuters
        36 words
      • Article
        Lock icon INTERBANK RATES
        154 13 May 14 $S Offer Bid 0vernight 0.05 0.03 1-month 0.75 0.625 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.03 US$ Offer Bid 7 days 0.17 0.07 1 month 0.23 0.13 2 months 0.28 0.18 3 months 0.40 0.20 6 months 0.60 0.40 9 months 0.70 0.50 12
        154 words
      • Article
        Lock icon GOVERNMENT SECURITIES
        71 13 May 14 May 14 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.53 102.58 102.46 5-Year N*****0H 1.625 01-Oct-19 100.21 100.35 100.35 10-Year NY*****H 3.000 01-Sep-24 105.38 105.30 105.00 15-Year NY*****E 2.875 01-Jul-29 102.11 102.40 101.75 20-Year NZ*****V 3.375
        71 words
    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        193 13 May-13 Price Net change change Last Trade Agricultural May-13 CBOT Soybeans (US cents/bu) 975.00 8.00 0.83% 14/05/2015 CBOT Soybean Oil (US cents/lb) 33.11 0.30 0.91% 14/05/2015 CBOT Wheat (US cents/bu) 481.00 1.75 0.37% 14/05/2014 May-13 LIFFE Cocoa (£/tonne) 2046.00 6.00 0.29% 13/05/2015 LIFFE Coffee (US$/tonne) 1681.00 -7.00 -0.41%
        193 words
      • Article
        Lock icon PALM OIL
        54 13 May 14 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 15 2199.0 10 384 Jun 15 2192.0 2210.0 2211.0 2174.0 2020 ***** Jul 15 2190.0 2206.0 2208.0 2171.0 ***** ***** Aug 15 2194.0 2207.0 2211.0 2174.0 *****
        54 words
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      1046 8 The Business Times Ik I'M" 1 Toll free 1800-289-8822 I I I Email notices W I i I ij www.sphclass.com.sg/notices dil(btT##-#(a^) 111" CHINA CITIC BANK INTERNATIONAL CHINA CITIC BANK INTERNATIONAL LIMITED (INCORPORATED IN HONG KONG WITH LIMITED LIABILITY) Consolidated Statement of Financial Position At 31 December 2014 Consolidated Income Statement
      1,046 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      159 9 True luxury, unrivalled performance. The Audi A8. Drive off the Audi A8, winner of AsiaOne’s best car award, from $3,988 per month and enjoy a celebratory package worth over $20,000.* The Audi A8 is flawlessly styled and finished to a supreme standard. With distinctively structured surfaces and exquisite finishing, the
      159 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      312 9 GUTHRIE GTS LIMITED (UEN/Company Registration No. *****0390N) (Incorporated in the Republic of Singapore) Notice to holders of the outstanding S$125,000,000 3.70 per cent. Notes due 2018 comprised in Series 001 (ISIN: SG6Y*****414) (the “Notes”) of Guthrie GTS Limited (“Guthrie”) NOTICE OF REDEMPTION Reference is made to: (a) the Notes which
      312 words
Page thumbnail Page 10
Page thumbnail Page 11
Page thumbnail Page 12
Page thumbnail Page 13
Page thumbnail Page 14
  • BANKING & FINANCE
    • Article, Illustration
      Lock icon Ex-bond king Bill Gross has something to prove
      602 14 Now at Janus Capital, he manages less than 1% of the assets he once ran at Pimco BLOOMBERG New York IT’S a question only Bill Gross can answer: Why, after earning a reputation as the greatest bond investor of all time, after
      BLOOMBERG; PHOTO: BLOOMBERG  -  602 words
    • Article
      Lock icon StanChart plans to sell US$350m HK pension business: sources
      308 14 REUTERS Singapore STANDARD Chartered plc is seeking buyers for its Hong Kong pension business, valued at about US$350 million, in a deal that would also involve a 15-year distribution agreement with the new owner, people with knowledge of the matter told
      REUTERS  -  308 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      1006 14 The Business Times NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.sphclass.com.sg/notices INTES4 N SNND4OU0 Registered Office: Piazza San Carlo, 156 ***** Torino. Secondary Registered Office: Via Monte di Pieta, 8 ***** Milano. Intesa Sanpaolo S.p.A. Singapore Branch: 6 Temasek Boulevard #42-04/05, SuntecTower Four, Singapore *****6 Consolidated Balance Sheet Consolidated Income Statement
      1,006 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      98 14 NOTICE OF INTENDED DIVIDEND Name of Company Address of former registered office Court Number of Matter Last day of receiving proofs Name of liquidators Address of liquidators Xixili International Private Limited (In Liquidation) Reg. No. *****50B4E 80 Marine Parade Road #08-07 Parkway Parade Singapore *****9 High Court of the Republic
      98 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 3
      43 14 DECODING SALMAN KHAN Hero to many, villain to some. What makes him a darling of the NGOs and needy? HARSHA BHOGLE ON THE KEVIN PIETERSEN SAGA GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL SHAN (*****861) KALWANT (*****327) NISHAL (*****438)
      43 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 4
      56 14 V*nEf=7T/ 91.3 DJ GUESSING GAME GUE55 WHO'LL BE JOINING ANDRE HOEDEN ON ONE EM’S #1 BREAKFAST SHOW IN JULY! L GET IT RIGHT ONE FWl’S #1 IN Tn i ui,,c r,vi3 #i U N£Ffi/l OI3 BREAKFAST SHOW 7"Q I mi ii n rf rai i imf COULD BE CALLING YOU
      56 words
Page thumbnail Page 15
  • ENERGY & COMMODITIES
    • Article
      Lock icon Abu Dhabi turns to Asian partners in oil push
      711 15 South Korea’s GS Energy joins Japan’s Inpex in emirate’s biggest onshore oil concession BLOOMBERG Dubai ABU Dhabi, with 6 per cent of global crude reserves, has selected GS Energy Corp of South Korea to join Japan’s Inpex Corp as the second
      BLOOMBERG  -  711 words
    • Article, Illustration
      Lock icon Aboriginal snub shakes Asian confidence in Canada’s gas plans
      657 15 BLOOMBERG Calgary ASIAN investors are losing confidence in Canada’s ability to send oil and natural gas across the Pacific as another major export project gets bogged down in aboriginal opposition. A West Coast aboriginal community rejected almost US$ 1 billion in
      BLOOMBERG; PHOTO: BLOOMBERG  -  657 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      205 15 New Connections to Seletar Aerospace Park Sengkang West op m 9 SELETAR AEROSPACE PARK SELETAR CAMP PICCADILLY ros CIRCUS Exit 12 To Sengkang West Road Seletar Aerospace Way Jalan Kayu r TO SELETAR LINK TOTPE (PIE-CHANGI) I KPE FROMTPE (PIE-CHANGI) KPE TPE (PIE-CHANGI) TPE (SEE) o° -i*>V Seletar X Aerospace/
      205 words
Page thumbnail Page 16
  • TECHNOLOGY
    • Article
      Lock icon It’s ok to fail, as India’s tech industry makes shift in culture
      653 16 Silicon Valley graduates returning home with better acceptance of risk and failure to fuel creativity REUTERS Bangalore AFTER ping pong tables, motivational posters and casual dress codes, India’s tech start-ups are following Silicon Valley’s lead and embracing the
      REUTERS  -  653 words
    • Article
      Lock icon Get your news from Facebook
      444 16 BLOOMBERG San Francisco FACEBOOK Inc reached a deal with New York Times Co and eight other media outlets to post stories directly to the social network’s mobile news feeds, as publishers strive for new ways to expand their reach. Under a programme called Instant Articles,
      BLOOMBERG  -  444 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      2096 16 The Business Times Ik I 1 I /“I I 1 Toll free 1800-289-8822 I I Email notices@sph.com.sg J J i j L J www.sphclass.com.sg/notices SHINHAN BANK (INCORPORATED IN THE REPUBLIC OF KOREA) CONSOLIDATED STATEMENTS OF FINANCIAL POSITION As of December 31,2014 and 2013 Notes to Readers This report is effective
      2,096 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 2
      670 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FBO PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****6470Z) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of FBO Pte. Ltd. duly convened and held on the 7th day of May 2015, the following
      670 words
Page thumbnail Page 17
  • REAL ESTATE
    • Article, Illustration
      Lock icon Wing Tai offering 3 luxe projects near KL high speed rail terminus
      437 17  -  The developments situated in the Kuala Lumpur City Centre are just 5km from the terminus at Bandar Malaysia By Prisca Ang prisang@sph.com.sg Singapore RIDING on the positive sentiment surrounding the development of the Sin-gapore-KL high speed rail, Wing
      437 words
    • Article
      Lock icon Fund managers bet on high-end malls in US
      710 18 Malls are increasingly seen as viable only if they attract the affluent REUTERS New York EVEN as the rise of online retailers such as Amazon.com Inc leads analysts to predict the eventual death of the American shopping mall, real estate fund managers
      REUTERS  -  710 words
    • Article, Illustration
      Lock icon Property giants Vanke, Wanda join hands to do joint projects
      464 18 BLOOMBERG Beijing CHINA Vanke Co and Dalian Wanda Group Co, two of the nation’s biggest property companies, forged a strategic partnership that may lead to more than 100 billion yuan (S$21 billion) of joint projects. The companies will buy land
      BLOOMBERG; PHOTO: BLOOMBERG  -  464 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      489 17 VISION E X C H A N G E THE NEXT BIG THING Singapore-KL High-Speed Rail at Jurong East 90 mins between Singapore and Kuala Lumpur KUALA LUMPUR p utrajaya Seremban Ayer Keroh Muar Batu Rabat Nusajaya JURONG EAST SINGAPORE O ource: The Straits Times 7 May 2015 y' i#y
      489 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      693 18 D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa 3½-Storey 8159 sqft, 6+1 ensuite, 2 living, Pool, Lift, Berth. Also for rent. Owner 9144 0027/ 9771 6341 D10 HOUSE FOR SALE SEMI-DETACHED Build Dream Home on a Rare Gold Mine! Reluctant but motivated sale. Risk-free, high capital gain!!! View to believe. Genuine
      693 words
Page thumbnail Page 19
  • VEHICLE & LIFESTYLE
    • Article, Illustration
      Lock icon Shape your future in the present
      474 19  -  By Tara Thiagarajan THE STAR/ASIA NEWS NETWORK MANY tales have been told of time mainly about what happens to humans when the past is tampered with, or when time is wasted. Our pasts are sure to be filled with many “what if” moments, such
      THE STAR/ASIA NEWS NETWORK  -  474 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      331 19 BMW FOR SALE 320XL March 2010. Sunroof. HID Lights. Accident Free. Free 1 Year Warranty. Tip Top Condition. Please Call 9772 9995 HONDA FOR SALE 06-08 STREAM 1.8A GV Lowest Down Fr $4800/ Fr $32k, Monthly Fr $838. Low km 1 owner. Welcome 1-1 exchange. Cashback $15k when COE ends.
      331 words
Page thumbnail Page 20
  • CONSUMER
    • Article, Illustration
      Lock icon UnionPay in S$1m sponsorship boost for SEA Games
      503 20  -  It will commit a cash sponsorship of over S$1m, be the official payment-systems sponsor and make other sponsorships in kind By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THERE are just three weeks to go to the start of the South East Asian (SEA)
      503 words
    • Article
      Lock icon Japan’s Sharp secures US$1.9b bailout
      333 20 REUTERS Tokyo JAPAN’S Sharp Corp said that it had secured a US$1.9 billion bailout, its second major bank-led rescue in three years, after falling deep into the red as its smartphone display business was battered by competition from Asian rivals. Mizuho Bank and Bank of
      REUTERS  -  333 words
    • Article
      Lock icon Wal-Mart ups online game with US$50 shipping service
      514 20 BLOOMBERG Boston WAL-MART Stores will offer a US$50-a-year unlimited free-shipping service for online customers starting this summer, seeking to challenge the US$99 Prime service offered by retail rival Amazon.com. The service will be available by invitation only in select markets, said Ravi
      BLOOMBERG  -  514 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      1979 20 The Business Times Ik T/^V 1 IT 1 Toll free 1800-289-8822 I I Email notices@sph.com.sg J B V i B j il www.sphclass.com.sg/notices Svenska Handelsbanken (Incorporated in Sweden) www.handelsbanken.com Singapore Branch: 65 Chulia Street #21-01/04 OCBC Centre Singapore *****3 Telephone: 65-6532 3800 Telefax: 65-6534-4909 Swift Address: HAND SG SG Balance
      1,979 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 2
      333 20 IN THE MATTER OF The Companies Act, Cap. 50 AND IN THE MATTER OF GLOBAL TRANS PETROCHEMICAL (S) PTE. LTD. (In Creditors’ Voluntary Liquidation) (Co. Reg. No. *****9405D) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final
      333 words
Page thumbnail Page 21
  • LUXURY LIVING
    • Article, Illustration
      Lock icon Timeless styles for your home
      660 21  -  Nail down chic looks that stand the test of time By Belinda Wan UNLESS you have unlimited time and energy, you are probably not looking to redecorate your place yearly. A classic, evergreen look for your home that never goes out of fashion is ideal
      660 words
    • Article, Illustration
      Lock icon Natural elegance
      265 22  -  Give your home a touch of nature with wood furniture. By Cheryl Chia WOOD can provide an earthy warmth to your home with its rich shades of natural brown, ranging from a pale oak to a rich walnut. But what happens when you have existing wooden furniture in
      265 words
    • Article, Illustration
      Lock icon Crafted in Italy
      164 22 LUXURY bags, suits and shoes are not the only fine things to come out of Italy. The country is also famous for its well-made and distinctive furniture. The artisanal Minotti 2014 collection by Italian designer Rodolfo Dordoni, who is known for his interior design of villas and
      164 words
    • Article, Illustration
      Lock icon The right mattress for the best sleep
      744 24  -  Shopping for a new mattress? Don’t let price be the main deciding factor. By Hector Tan CONSIDERING that you spend nearly a third of your life sleeping, choose a mattress that gives you a good night’s sleep. How to know if your mattress
      Photos courtesy of Luxury Mattress Collection and Tempur Singapore.  -  744 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      527 21 ADVERTORIAL mm ■V >• C m m m X’ I m j jk Jthefurnituremall living as you like it 10TOH GUAM ROAD The Art of Fine Conversations In Good Company LIVING DINING Traditional boundaries for fashioning living and dining areas have seemingly been crossed. Styling for a living room and
      527 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      176 22 i :</■ Stews *5 H': ■m e ”Xy:v2 fUr 5 Commune 3 GUI www. I hccom m n noli To. com FLAGSHIP STORE 9 Raffles Honlevard #02-52 Millenia Walk Singapore *****6 Tel. *****823 Mon Fri: 11.30AM 9PM Sat Sun: 11AM 9FM DEFU OUTLET 28 Defu Lane 4 Defu Industrial Park
      176 words
    • Advertisement
      Lock icon Page 22 Advertisements Column 2
      50 22 It's Simply Executive! SALE NOWON! i-t £h m m ce e o a Omnia Table In Glass or CeramicTop^" Widest Selection of ITALIAN Dining Sets caLLigaris O ■M 11 ESS Elegant Extendible Baron Table ■Mi ©rbitaliTable caUigcms O i BEST BUY! m r Innovative DesTgrr—— Hyper Table Cream Table XZQJ
      50 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      1211 23 ADVERTORIAL Just when you thought the UHD TV was it. The SUHD TV: defining an even clearer picture ENTER any modern household today, and you will almost always find the TV as the centrepiece of the home. The technology has indeed come a long way, from black and white pictures
      1,211 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      168 24 BEDS MATTRESSES PILLOWS Experience the feeling of being weightless Soft where you want it, firm where you need it™ TEMPUR gives you a sleep experience beyond comparison. The unique TEMPUR 1 material of our mattresses and pillows conforms and adapts to the exact shape of your body. It lets you
      168 words
Page thumbnail Page 25
  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Malaysia tweaks GST scheme
      595 25  -  Following protests by users of prepaid mobile services, GST for top-ups on prepaid mobile services will be based on usage By Pauline Ng btworld@sph.com.sg Kuala Lumpur AS Malaysia settles into the sixth week of a new 6 per cent goods services tax (GST) that has attracted
      PHOTO: AFP  -  595 words
    • Article
      Lock icon Japan’s defence forces get greater scope in two planned new bills
      1023 25  -  By Anthony Rowley btworld@sph.com.sg Tokyo JAPANESE Prime Minister Shinzo Abe’s Cabinet on Thursday approved two security-related bills aimed at greatly expanding the scope of overseas operations by the nation’s Self Defence Forces (SDF), in and possibly beyond Asia and
      1,023 words
    • Article
      Lock icon Wholesale prices unexpectedly drop in broad-based retreat
      316 25 LATEST US DATA BLOOMBERG Washington WHOLESALE prices in the US unexpectedly declined in April from the prior month, indicating inflation is well contained as Federal Reserve officials weigh when to raise the benchmark interest rate. The 0.4 per cent drop in the producer
      BLOOMBERG  -  316 words
    • Article
      Lock icon US House passes bill to end NSA’s collection of telephone data
      386 25 AFP Washington THE US House of Representatives voted on Wednesday to end the National Security Agency’s (NSA) dragnet collection of telephone data from Americans, a controversial programme revealed in 2013 by former security contractor Edward Snowden. The USA Freedom
      AFP  -  386 words
    • Article
      Lock icon China’s cross-border investment funds sale plan losing fizz
      283 25 REUTERS Hong Kong CHINA’S plan to allow cross-border sales of investment funds between the mainland and Hong Kong appears to have lost momentum after opposition from domestic money managers who fear being overwhelmed by global competitors, industry players say. Global asset managers,
      REUTERS  -  283 words
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      890 25 The Business Times NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BRANDSCREEN PTE. LTD. (the “Company”) (In Members’ Voluntary Liquidation) (Company Registration No: *****3986H) At an Extraordinary General Meeting of the Company duly convened and held at the offices of FTI Consulting (Singapore)
      890 words
Page thumbnail Page 26
  • OPINION
    • Article
      Lock icon Enough at stake to warrant giving TPP negotiations a fair chance
      497 26 THE United States Senate has unwisely built a speed bump on the already slow road to progress for the Trans-Pacific Partnership (TPP), to every stakeholder’s detriment. EDITORIAL Members of President Barack Obama’s own party, the Democrats, almost unanimously blocked
      497 words
    • Article
      Lock icon Saudi Arabia continues to turn the screws on US shale
      770 26  -  THE BOTTOM LINE By James Stafford SAUDI Arabia continues to ratchet up production, taking market share away from US shale producers. According to Opec’s latest monthly oil report, Saudi Arabia boosted its oil output to 10.31 million barrels per day
      770 words
    • Article, Illustration
      Lock icon Proxy fighters in the South China Sea
      1408 26  -  Most S-E Asian coast guards are likely to remain under-equipped while China is likely to be more prone to use coast guard vessels to further its claims in the area. BY RICHARD A BITZINGER BY RICHARD A BITZINGER T The writer is senior
      PHOTO: ALPHONSUS CHERN/THE STRAITS TIMES  -  1,408 words
    • Article, Illustration
      Lock icon A year on, a mixed report card for Modi as reality bites
      971 27  -  COMMENTARY By Yogi Aggarwal T The writer is a Mumbai-based journalist ONE year after Narendra Modi has taken over as prime minister on the heels of a corrupt Congress-led administration, the sheen has begun to wear off on
      971 words
    • Article, Illustration
      Lock icon Will the next startup capital to rival Silicon Valley please rise?
      694 27  -  By Lai Kwok Kin T The writer, a former journalist and stock analyst, advises tech companies and startups on communications strategies QUIETLY, almost unnoticed amid the euphoria of technology startups, a curious digital race has broken out among cities
      694 words
    • Article, Illustration
      Lock icon US must guard against military intervention deja vu after Obama
      1161 27  -  Sending out troops again to fight ambiguous wars on distant shores will damage the US economy and prevent recovery. BY HARISH MEHTA recovery.BY HARISH MEHTA T The writer, a former BT senior correspondent, is a historian who has taught at
      PHOTO: REUTERS  -  1,161 words
Page thumbnail Page 27
Page thumbnail Page 28
  • TRANSPORT
    • Article
      Lock icon Brakes barely slowed Amtrak train before derailment: NTSB
      706 28 Engineer had deployed emergency brakes just before train derailed; speed was more than twice the approved limit AFP Philadelphia THE engineer of a US passenger train travelling at more than 100 miles per hour slammed on the emergency brakes just before it
      AFP  -  706 words
    • Article
      Lock icon China-made commercial jet behind schedule: sources
      409 28 REUTERS Singapore THE maiden flight of China’s only homegrown commercial jet, the Comac C919, is behind schedule and delivery could be pushed back as much as two years, sources familiar with the programme have said, dealing a blow to its push to challenge Airbus
      REUTERS  -  409 words
    • Article, Illustration
      Lock icon Vector Aerospace’s new facility to beef up regional presence
      422 28  -  By Prisca Ang prisang@sph.com.sg Singapore VECTOR Aerospace’s S$50 million maintenance, repair and overhaul (MRO) facility its first in Asia is expected to strengthen its regional presence by providing clients a “cost-effec-tive, viable and easily accessible MRO solution”. At 5,200 square metres,
      422 words
    • Article
      Lock icon SHIPPING TIMES
      1906 29 MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL MUA KK JKT SUR DREAM JASMINE 13 100 20/5 21/5 23/5 TAIKLI 37 80 55 29/5 31/5 4/6 BRIGHT CORAL
      1,906 words
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      610 28 Formula For Workplace Success: Dress Right, Influence Positively, Reach Out Optimally Who should attend: Managers, Directors, Business Owners, Sales Professionals and Executives. FULL-DAY WORKSHOPS Brain-Influencing Secrets To Trigger 'Yes' Responses In People In the past 10 years, scientific discoveries have uncovered new communication keys one can use to appeal to
      610 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      104 29 Experienced sh;p maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES Make A Splash In The Maritime World Via s|£i maritime.coM Ahoy there! If you are in a business pertaining to any sector of the maritime
      104 words
Page thumbnail Page 30
  • CITY LIFE
    • Article, Illustration
      Lock icon Seeing the world from a train window
      579 30  -  Writer Michael Williams thinks train travel has become more sexy. BY RACHEL LOI BY RACHEL LOI ACCLAIMED American author Paul Theroux once wrote: “I have seldom heard a train go by and not wished I was on it.” Michael Williams could not agree
      579 words
    • CITY BUZZ BT writers’ picks of what to see, do or talk about
      • Article, Illustration
        Lock icon SMALL BITES, SAME ENTITY
        278 30  -  By Rachel Loi NEW RESTAURANT Nekkid Blk 41 Malan Road, Gillman Barracks Opening hours: Mon to Sat, 4pm midnight Closed on Sun CAN’T get a table at The Naked Finn after walking in on a Friday night? Don’t worry, it’s not a wasted trip. Just walk
        PHOTOS: JOHN HENG  -  278 words
      • Article, Illustration
        Lock icon Menage a Trois (One Wine Maker – Two Chefs)
        189 30  - Menage a Trois (One Wine Maker Two Chefs) DINING By Rachel Loi THE best of French and Japanese cuisine come together in a six-course dinner next week at Menage A Trois (One Wine Maker Two Chefs). This one-night-only dinner is paired with Krug Champagne, and takes place at Stellar at
        189 words
      • Article, Illustration
        Lock icon Antoinette’s 4th anniversary menu
        177 30  -  DINING By Tay Suan Chiang ANTOINETTE celebrates its fourth anniversary with a special four-course set menu that’s available just for this month. The menu starts off with Smoked Salmon Mousse with Toasted Levain served with sliced octopus and crunchy lotus root chips, followed by Mosaic of
        177 words
      • Article, Illustration
        Lock icon Run, Horsebackgobi, Run!
        212 30  -  CHARITY By Tay Suan Chiang THINK you would ever run the Gobi desert? Two young runners from Singapore are doing just that. First-year National University of Singa- pore students John Low and Alexis Lee will take the challenge in March. The run is 250 kilometres long through
        212 words
      • Article, Illustration
        Lock icon Endeavours Documentary Film Festival
        147 30  -  FILM By Dylan Tan FACT can sometimes be stranger than fiction and you’ll probably find that out for yourself after watching the award-winning works in this year’s Endeavours Documentary Film Festival. One of the highlights (and first film to sell out) is Citizenfour (below), a chilling
        147 words
      • Article, Illustration
        Lock icon Indulgence by Eng Kai Er
        250 30  -  DANCE By Helmi Yusof IS she mad, bad or just gifted? Scientist Eng Kai Er (right) courted controversy last year when she protested against her six-year government scholarship bond, saying that her job at A*Star is “not aligned with her interest”. She then started the
        250 words
Page thumbnail Page 31
Page thumbnail Page 32
  • Page 32 Miscellaneous
    • Miscellaneous
      Lock icon Page 32 Miscellaneous Column 1
      345 32 CRYPTIC CROSSWORD Across 1 Feminine, ash-blonde, old, mad but family (5,3,5) 9 Got back with insurance, after evacuating Rome (9) 10 Nuisance taking first portion of onion sauce (5) 11 Tradesman’s pound deposited in bank (5) 12 Works on garden dwellings with no end of charm (4) 13 Dull brown
      345 words
Page thumbnail Page 33
Page thumbnail Page 34
  • BT Lifestyle
    • Article, Illustration
      Lock icon FEST’S FINEST FARE
      1413 34  -  The Singapore International Festival of Arts (SIFA) is set to return with some exceptional works. BT Lifestyle picks out some of the must-see productions of the season. BY HELMI YUSOF season.BY HELMI YUSOF helmi@sph.com.sg @HelmiBT Wild Rice’s most ambitious play yet HOTEL By Wild Rice WITH a
      1,413 words
    • Article, Illustration
      Lock icon BEST OF THE REST
      378 34  -  By Helmi Yusof MUSIC Dirtsong by Black Arm Band THE festival’s possibly most moving music event is Dirtsong (left) by Black Arm Band. The concert features aboriginal protest music performed in 11 aboriginal languages, but you need not understand the words to be touched by the
      378 words
    • WINE/ARTS
      • Article, Illustration
        Lock icon En primeur and how to finish a good dinner
        1229 31  -  Lesser vintages not only cost less than the great vintages, they also mature earlier. BY NK YONG THE 2014 enprimeurcampaign is now in full swing. Lafite just released, at 280 euros per bottle, ex Bordeaux negociant. Mouton came out end of
        1,229 words
      • Article, Illustration
        Lock icon Updating an ancient art form
        699 31  -  SEAL CARVING By Cheah Ui-Hoon uihoon@sph.com.sg ONE usually thinks of Chinese seals as small lipstick-sized sticks, but an upcoming seal-carving exhibition presents a contemporary interpretation of the 3,500-year artform. For the longest time, the common focus on seals has been on the calligraphy or design
        699 words
      • Article, Illustration
        Lock icon Flitting from the real world to the imaginary
        616 31  -  PAINTING By Cheah Ui-Hoon uihoon@sph.com.sg THE paintings have an ethereal quality, with fantastical costumes and also fairy-tale compositions, but artist Anna Berezovskaya would point out that her paintings were done years before the TV series Games of Thrones. So yes, she gets
        616 words
    • ARTS/MUSIC
      • Article, Illustration
        Lock icon Encore! Encore!
        820 32  -  Esplanade Studios’ celebration of famous S’pore plays should be done every year. BY HELMI YUSOF THEATRE BY HELMI YUSOF helmi@sph.com.sg @HelmiBT IN 1992, then-theatre critic Hannah Pandian reviewed Michael Chiang’s play Private Parts and concluded that the “special production should not close until every person in this country
        PHOTO: TUCKYS PHOTOGRAPHY  -  820 words
      • Article, Illustration
        Lock icon Political anarchy
        484 32  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT CAN a play about the “soul” of Singapore ring hollow? The messy revival of Tarn Tan How’s otherwise solid political play The Lady Of Soul And Her Ultimate “S” Machine shows it’s possible. From start to finish, Zizi Azah Abdul Majid’s direction embraces
        PHOTO: TUCKYS PHOTOGRAPHY  -  484 words
      • Article, Illustration
        Lock icon Boogie-woogie in the Botanic Gardens
        387 32  -  CONCERT By Avanti Nim avantin@sph.com.sg IN a world filled with talented musicians, what does one have to do to stand out? Swiss-born Nico Brina isn’t your typical pianist. While many of us struggle to play the piano in a regular fashion, Brina is renowned for
        387 words
    • CINEMA
      • Article, Illustration
        Lock icon A polished, testosterone-fuelled ride
        681 33  -  Never mind that it’s been 30 years since the last Mad Max movie. This one just takes off seamlessly, buttressed by strong performances.BY performances.BY GEOFFREY EU GEORGE Miller’s high-oc-tane reboot Mad Max: Fury Road is the extremely noisy, brutally intense and wildly entertaining product of a
        681 words
      • Article, Illustration
        Lock icon An interesting change of pace for Arnie
        497 33  -  By Geoffrey Eu IT’S surely a sign of the apocalypse when Arnold Schwarzenegger, an actor whose roles typically run the gamut of emotions from A to B, gets to mow the lawn, drive a pick-up and chop wood (not bodies). But there are
        497 words
      • Article, Illustration
        Lock icon Less is more in this modern classic
        480 33  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT A NUN-TO-BE and her long-lost hard-drinking, promiscuous aunt go on a road trip Hollywood comedy or European arthouse? Mercifully, it’s the latter for Ida, directed and co-written by acclaimed Polish-British filmmaker Pawel Pawlikowski (Last Resort, The Woman in
        480 words
  • Page 34 Advertisements