The Business Times, 20 November 2015

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

Total Pages: 58
1 28 The Business Times
  • 34 1 THE BUSINESS TIMES S$1.00 Eh A SINGAPORE PRESS HOLDINGS PUBLICATION 2015 SOCIETY OF NEWS DESIGN EXCELLENCE AWARD■BEST IN OVERALL REDESIGN■ wvvw.businesstimes.com.sg I} D @BTBreakingnews CO REGN NO ’l*****868E MCI (P) 039/08/2015 Friday, November 20,2015
    34 words
  • 28 1 MARKETS Thursday Change STI 2,919.83 +33.75 KL COMP 1,660.06 +3.56 NIKKEI 225 19,859.81 +210.63 HANG SENG 22,500.22 +311.96 SHENZHEN B 1,208.96 +12.95 DOW (9.30am EST) 17,683.91 -53.25
    28 words
  • Article, Illustration
    216 1 Plans to digitise operations on Jurong Island get a boost from Yokogawa Engineering Asia, when it opened in Singapore its first co-innovation centre worldwide. TOP STORIES 4 Singapore corporates are hot, going by the strong demand from international investors for their US dollar-denominated bonds. COMPANIES MARKETS 6 The
    216 words
  • 836 1  -  Companies in quarterly survey report sharp falls in sales, profits and new orders in Q3; pessimism is now more extensive and intense By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore BUSINESS performance in Singapore for the three months ended September has worsened to
    836 words
  • 742 1  -  iswaran says businesses must factor in the sharing economy, disintermediation through technology and the rise of open innovation By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore THE 50 local businesses that won honours at Thursday’s Enterprise 50 (E50) awards have been lauded for going
    PHOTO: YEN MENG JIIN  -  742 words
  • Page 1 Advertisements
    • 83 1 8 "*****1 *****4 THE RIGHT TOOLS Shining a light on the impact of giving PHILANTHROPISTS FORUM 5 PiageT Perfection in Life .v. y v SgjjBi 5 m r T. WF*ri mm t The City, London Piaget Altiplano 900P, The world’s thinnest mechanical watch: 3.65 mm, a total fusion between Manufacture-made
      83 words
    • 10 1 MUSIC FESTIVALS More buzz on the scene BT LIFESTYLE 25
      10 words
    • 11 1 STRATEGIC THINKING Asian corporates still hungry for M&A COMPANIES MARKETS 7
      11 words
    • 44 1 APEC SUMMIT More economies keen to join tpp but that will take years: PM Lee TOP STORIES 2 ENTERPRISE 50 The strongest companies are pressing ahead with internationalisation for growth. Find out how E50 winners are going further in a special 28-page pullout today.
      44 words

  • TOP STORIES
    • 781 2  -  Philippines, South Korea, Indonesia, Taiwan among them, but it must be doable economically and politically By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Manila SOME of the world’s largest economies including South Korea and Indonesia have openly expressed interest in
      PHOTO: ONG WEE JIN/THE STRAITS TIMES  -  781 words
    • US RATE HIKE
      • 597 2 BLOOMBERG Washington FEDERAL Reserve policy makers inserted language into their October statement to stress that “it may well become appropriate” to raise the benchmark lending rate in December and largely agreed that the pace of increases would be gradual, minutes of
        BLOOMBERG  -  597 words
      • 590 2 BLOOMBERG Sydney ASIAN stocks rose after minutes from the most recent Federal Reserve meeting showed policy makers’ faith in the world’s biggest economy, with officials saying the pace of any rate increases will be gradual. The MSCI Asia Pacific Index
        BLOOMBERG  -  590 words
    • 492 2  -  But leaders likely to be distracted by growing tension in South China Sea between US and China By Chuang Peck Ming peckming@sph.com.sg Kuala Lumpur WITH the Asean Economic Community (AEC) due to take off next month, the 10 Asean leaders
      492 words
    • 490 4  -  Japanese firm Yokogawa opens centre to work with clients and IT firms on technology to apply Big Data By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore PLANS to digitise operations on Jurong Island so as to prepare the local petrochemical industry for the
      490 words
    • 419 4  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore JURONG Country Club (JCC), identified as the site of the future terminus for the Singapore-Kuala Lumpur high-speed rail, will file its compensation claim on Wednesday, Nov 25. It will submit its own valuation of
      419 words
    • 537 4  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore FOLLOWING recent global developments that aim to clamp down on base erosion and profit shifting (BEPS) practices of some multinationals, as well as the increasing emphasis on tax transparency, there is a need for Singapore
      537 words
  • Page 2 Advertisements


  • Page 4 Advertisements
    • 130 4 f i m k it r SRIHADI SOEDARSONO I Bedhoyo Hamardika The Spirit of Freedom I 2007 I Oil on canvas 130 x 200 cm fa /.'i ii -i ',-rf S. SUDJ0J0N0 I Morning in Kalibaru I 1975 Oil on canvas I 80 x 100 cm BERNARD BUFFET I Geraniums
      130 words

  • PHILANTHROPISTS FORUM 2015
    • 735 5  -  Alexandre Mars’ Epic Foundation offers a new generation of philanthropists the tools to monitor the impact of their donations. BY FRANCIS KAN donations.BY FRANCIS KAN ALEXANDRE Mars’ journey to setting up his philanthropic foundation was inspired by the women around him. As
      PHOTO: EPIC FOUNDATION  -  735 words
    • 567 5  -  By Francis Kan THROUGH her family foundation, Dee Dee Chan hopes to break the poverty cycle by providing education. While driving through one of Hong Kong’s poorest districts with her father, Ms Chan was shocked to see her great-grandfather’s name, Chan Kwun Tung, outside
      567 words
    • 458 5  -  By Francis Kan GEORGE Tahija views the work being done by his family’s foundation to be as important as that performed by their profit-yielding businesses. Founded with his brother and parents, the Tahija Foundation was set up in 1990 to carry out philanthropic endeavours
      458 words
  • Page 5 Advertisements
    • 41 5 CreditSuisse Giving No one’s given it more thought. Whatever your philanthropic ambitions, Credit Suisse provides a bespoke service to help you make the most of your contribution. To find out more please contact us at +65 6306 8000 or visit credit-suisse.com
      41 words

  • COMPANIES & MARKETS
    • 465 6  -  Collaboration with ICAP’s EBS BrokerTec will see initial offer of Korean won, S$ and Chinese yuan contracts By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore SINGAPORE Exchange (SGX) is stepping up efforts to grow its foreign exchange (FX) business with new products that
      465 words
    • 606 6  -  By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore PSL Holdings’ shareholders have paved the way for the group to diversify into the marine logistics business as part of its efforts to restructure its loss-making business as a provider of logistics and support business to the construction
      606 words
    • 457 6  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore FRASERS Hospitality, the hospitality arm of Frasers Centrepoint Limited (FCL), has beefed up its presence in China with the opening of its second serviced residence in Tianjin. The 192-unit Fraser Place Tianjin is located in the
      457 words
    • 681 6  -  By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore SINGAPORE corporates are hot, going by the strong demand from international investors for their US dol-lar-denominated bond deals. On Tuesday, two benchmark USD issues from SP Powerassets and Stats ChipPac sold well; this was
      681 words
    • 565 7  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore THE first generation of Asia’s manufacturing entrepreneurs are getting old, and private equity (PE) firm Shaw Kwei Partners is ready to help with a retirement package. For the past five years, the firm has been pursuing a
      565 words
    • CORPORATE DIGEST
      • 58 7 KG I Fraser Securities has joined the Singapore Exchange (SGX) as a full sponsor on Catalist, the sponsor-supervised board for growth companies. As a full sponsor, KGI Fraser will be authorised to sponsor the listing of companies on Catalist as well as oversee their compliance with SGX
        58 words
      • 57 7 TPV Technology slid deeper into the red on a Q3 net loss of US$26.8 million, compared with a loss of US$13.9 million a year ago, on US$50 million of foreign exchange losses. Loss per share was 1.14 US cents, compared with 0.59 US cent last year. Revenue was
        57 words
      • 68 7 BH Global has won a series of contract awards worth about S$6 million through its supply chain management subsidiary, Beng Hui Marine Electrical. These include a significant supply contract for a floating production, storage and offloading vessel. The contracts due for delivery in the first quarter of
        68 words
    • 597 7  -  Growing appetite lifts M&A volume from Asia-Pac to 30% of US$4.2t global volume as at mid-November By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore ASIAN corporations are increasingly hungry for acquisitions, with regional banks and Chinese businesses keen to snap up assets in the United
      597 words
    • 707 8  -  But volume was poor, with one billion units worth S$775.8 million traded STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT AN UNEXPECTED Wednesday rally on Wall Street enabled the Straits Times Index (STI) to rebound 33.75 points or 1.17 per cent to 2,919.83 on Thursday. It
      Source: Bloomberg  -  707 words
    • 305 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 227 +1 228/226 271 213 6.4 5744.1 CapitaLand 315 +8 318/311 379 267 11.5 2.9 *****.7 CapitaMall Trust 188.5 +1.5 189.5/187 228 184.5 5.8 6550.9 CityDev 756 +3 763/753 1095 748 9.1
      305 words
    • 33 8 VOLUME Spackman 140,796,800 Jumbo 49,021,600 Noble 40,036,100 QT Vascular 22,896,500 Elektromotive 21,279,200 Market volume 1,138,292,000 VALUE DBS Grp 60,633,519 Singtel 57,309,972 UOB 48,188,164 CapitaLand 38,188,066 OCBC Bank 33,470,186 Market value 781,025,000
      33 words
    • 108 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS MS INDIA US$ US666 +9 247 669/661 1000/648 665/667 83.3 STI ETF 298 +5 89 299/297 355/280 297/298 DBXT CSI300 US$ US988 +11 40 988/982 1471/736 986/989 UETF SSE50China 248 26 248/247 340/164 246/253 77.5
      108 words
    • 77 8 Nov 19 VALUE CLOSE BT OB/OS -716.00 -2.00 BT CADI -*****.00 +103.00 BT 10-day MA -*****.00 -72.00 FTSE ST Mid Cap 678.55 +4.05 FTSE ST Small Cap 412.20 +1.98 FTSE ST All Share 705.43 +6.30 FTSE ST China Top 173.94 +1.04 FTSE ST China 212.17 +1.05 FTSE
      77 words
    • 35 8 STI FTSE ST All-Share FTSE ST All-Share Index NOV 19,2015 705.43 +6.30 (+0.90%) Current streak 1 day Day high 708.15 Day low 703.73 52-week high 847.98 (Apr 15, 2015) 52-week low 676.13 (Sept 29, 2015)
      35 words
    • 33 8 STI MSCI EAFE MSCI EAFE index NOV 18,2015 1,731.12 -2.49 (-0.14%) Current streak 1 day Day high 1,736.47 Day low 1,726.95 52-week high 1,949.49 (May 15, 2015) 52-week low 1,609.50 (Sept 29, 2015)
      33 words
    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 6 3 0 0 0 5 6 3 Manufacturing 42 22 32 10 6 8 52 28 40 Commerce 18 16 18 8 1 5 26 17 23 Tpt/Stor/Comms 15 11 10
      186 words
    • 121 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 11,911 11,911 39,356 39,356 Manufacturing 121,505 88,531 210,036 79,774 6,173 85,946 Commerce 62,802 40,715 103,517 57,531 2,465 59,996 Tpt/Stor/Comms 85,374 371 85,745 123,213 30 123,243 Finance 17,629 100 17,729 152,430 12 152,442 Construction 34,388 430
      121 words
    • 79 8 BY CENTS CLOSE UP 52w high/low SPDR DJIA US$ ***** 340.1 1.4 *****/***** DBXT MSEurope US$ 5637 293.3 3.8 6300/5225 DBXT E50 US$ 4807 242.3 3.7 5300/4350 DBXT MSKorea US$ 5236 175.7 2.4 6246/4478 DBXT MSJAP US$ 4980 77.9 1.1 5277/4433 BY PERCENTAGE CLOSE UP 52w high/low Jadason 1.6
      79 words
    • 76 8 BY CENTS CLOSE DOWN 52w high/low DBXT iBoxxSing SG$ ***** -116.0 -0.9 *****/***** IS S&P500 US$ ***** -76.5 -0.3 *****/***** Lyxor EM Mkt US$ 885 -42.5 -3.3 1104/824 Great Eastern 2122 -23.0 -1.1 2600/1870 DBXT Vietnam US$ 2336 -21.3 -0.6 2856/2139 BY PERCENTAGE CLOSE DOWN 52w high/low DBS MB
      76 words
    • 82 8 VOL CLOSE($) CHANGE Elektromotive 21,279.2 0.002 -0.001 -33.33 Annica 10,282.7 0.003 -0.001 -25.00 HL Global Ent 20.0 0.120 +0.038 +46.34 C&G Env Protect 832.1 0.240 +0.035 +17.07 Sinotel Tech 62.5 0.096 +0.005 +5.50 SIICEnvironment 1 0.04 0.760 +0.080 +11.77 Jumbo 49,021.6 0.385 +0.075 +24.19 Hor Kew 10.4 0.430
      82 words
    • 476 8  -  Compiled by Andrea Soh CapitaLand Buy Nov 19 close: S$3.15 Target price: S$3.88 Maybank Kim Eng Research, Nov 19 We visited six CapitaLand projects in Shanghai, Hangzhou and Suzhou recently, which demonstrate the company’s ability to develop projects across a range of sub-asset classes. China accounts for 46
      476 words
    • 9 8 DATA I Nov 20 Singapore Wholesale Trade Index
      9 words
    • 448 9 CURRENCIES REUTERS London THE US dollar struggled against the euro and the yen on Thursday, with some analysts arguing that it will now take more than next month’s expected action on eurozone and US monetary policy to drive the greenback higher. The Japanese yen
      REUTERS  -  448 words
    • FOREX RATES
      • Article, Illustration
        2 9
        2 words
      • 471 9 NOV 19 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.950 4.565 0.670 5.546 47.358 98.617 0.883 8.327 3.107 1.097 75.472 33.701 1.014 10.128 0.728 23.380 25.720 0.468 0.716 Canada 1.053 4.806
        471 words
      • 2 9
        2 words
      • Article, Illustration
        2 9
        2 words
      • 155 9 NOV 19 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0137 1.0149 0.7154 0.7159 Canadian dollar 1.0674 1.0683 0.7535 0.7533 Euro 1.5131 1.5141 1.0678 1.0680 NZ dollar 0.9242 0.9252 0.6522 0.6526 Sterling pound 2.1645 2.1660 1.5275 1.5278
        155 words
      • Article, Illustration
        1 9
        1 words
      • 22 9 NOV 19 S$ Bid Offer 1-month 1.4184 1.4193 2-months 1.4197 1.4207 3-months 1.4211 1.4221 6-months 1.4242 1.4252 Source: OCBC
        22 words
    • EQUITY BONDS WARRANTS FUTURES
      • 207 9 NOV 19 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Rowsley Ltd W*****3 3.3 0.1 ***** 1 18 11 DBS MB eCW*****4 9.2 0.9 4449 0.1 1880 5 UOB MB eCW*****4 12.4 1.7 2430 0.1 2150 5
        207 words
      • 365 9 In local curr In S$ In US$ dy yr dy yr dy yr Nov 18 Index Change Change Change Change Change Change World Preliminary 1297.6 0.5 1.7 0.5 5.8 0.4 -1.5 EAFE Preliminary 1033.5 0.0 4.7 -0.1 4.8 -0.1 -2.5 Europe Preliminary 1446.0 -0.1 4.7
        365 words
      • 401 9 NOV 19 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Nov15 *****.00 *****.00 *****.00 *****.00 *****6 *****2 Dec15 *****.00 *****.50 *****.50 *****.50 ***** ***** NIKKEI 225 INDEX FUTURES Dec15 *****.00 *****.00 *****.00 *****.00 ***** *****7 Mar16 *****.00 *****.00 *****.00 *****.00 45 2548 MSCI TAIWAN
        401 words
    • BANK RATES
      • 154 9 Nov 19 $S Offer Bid 0vernight 0.10 0.06 1-month 0.9375 0.8125 2-months 1.0 0.875 3-months 1.0625 0.9375 Overnight mode: 0.45 US$ Offer Bid 7 days 0.22 0.12 1 month 0.23 0.13 2 months 0.30 0.20 3 months 0.45 0.25 6 months 0.70 0.50 9 months 0.90 0.70 12
        154 words
      • 69 9 Nov 19 Nov 19 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.19 5-Year N*****0S 2.000 01-Jul-20 100.06 100.15 99.85 10-Year NX*****Z 2.375 01-Jun-25 98.61 98.75 98.25 15-Year NZ*****F 2.875 01-Sep-30 100.67 100.80 100.50 20-Year NZ*****V 3.375 01-Sep-33 107.1
        69 words
    • AGRI METALS ENERGY
      • 193 9 Nov-18 Price Net change change Last Trade Agricultural Nov-18 CBOT Soybeans (US cents/bu) 857.75 -6.25 -0.72% 14/01/2016 CBOT Soybean Oil (US cents/lb) 27.44 -0.03 -0.11% 14/12/2015 CBOT Wheat (US cents/bu) 483.25 -4.25 -0.87% 14/12/2015 Nov-18 LIFFE Cocoa (£/tonne) 2291.00 -15.00 -0.65% 14/12/2015 LIFFE Coffee (US$/tonne) 1474.00 -50.00 -3.28%
        193 words
      • 57 9 NOV 19 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 15 2140.0 2168.0 2145.0 2125.0 1020 ***** Jan 16 2229.0 2248.0 2244.0 2210.0 5308 ***** Feb 16 2301.0 2318.0 2307.0 2280.0 ***** ***** Mar 16 2362.0 2376.0
        57 words
    • 1810 10 Transaction date: Nov 19 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil 88.5 42 8Telecom Vol AAT Day Div GrYld Net MCap High 153 131.5 AIMSAMP Cap Reit Company Sale 175.5 124.2 ARA Asset Mgmt 127.5xri +1 534
      1,810 words
    • 384 10 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale Vol (’000) 1 0.3 t Advanced Systems 0.4 unch 213 0.4 0.4 10.5 Day Low Div C'vr GrYld Net P/E MCap 35 28 16.3 t Asiatravel.com t SCnergy
      384 words
    • 107 10 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale vol 4258 2750 DBXT China50 US$ US3071 +32 10 3076 3058 8.4 Day 1750 1151 DBXT MSCHINA US$ US1290 +21 14 1290 1288 6246 4478 DBXT MSKorea US$
      107 words
  • Page 6 Advertisements
    • 285 6 ATTENTION NRIs PIOs visitHDFC.com Connect with us: F3 Q IjbI S3 A progressive India meets in Singapore. HDFCs i.\i)iv tfomes Fair a 45 leading developers Homes starting from INR 20 lakh Suntec Singapore Convention Exhibition Centre, Hall Number 403. 21st 22nd November, 2015 Timing: 10 am 8 pm I M*
      285 words

  • Page 7 Advertisements
    • 551 7 HEAR FROM THE EXPERTS, PROFIT FROM PRIME PROPERTIES Learn from the experts and apply what you learn to profit from S P Setia properties in Iskandar Malaysia. It's an event not to be missed! 21 November 2015 9.00am 5.00pm Atrium Suites, Mandarin Oriental Singapore k* L I I Cycas 3
      551 words



  • Page 10 Advertisements
    • 65 10 X x Exchange Traded Fund (ETF) Diversify across global markets. Yet trade it all like a single stock. Access to a wide range of SGX-listed ETFs Specialised in-house research team Speak to us about ETFs at 6636 2669 or email ETF@dbsvickers.com. BEST ETF BROKER, SINGAPORE The Asset Triple A Asia
      65 words

  • BANKING & FINANCE
    • 693 11 It admits unsafe, unsound conduct related to electronic trading platform BLOOMBERG New York BARCLAYS plc agreed to pay US$150 million to New York’s banking regulator to resolve allegations of abusive practices on its electronic currency exchange platform, agreeing to terminate the unit’s head.
      BLOOMBERG  -  693 words
    • 493 11 BLOOMBERG New York AMERICAN companies are increasingly looking like some of the biggest beneficiaries of Mario Draghi’s unprecedented efforts to stimulate Europe’s economy. US companies are for the first time the biggest borrowers of euro-denominated corporate bonds, issuing a record 87.7 billion
      BLOOMBERG  -  493 words
    • 310 11 BLOOMBERG Hong Kong CHINESE regulators’ proposed new regulations for algorithmic traders could threaten the success of Stock Connect, which links the stock markets in Shanghai and Hong Kong, according to Hong Kong Exchanges Clearing Ltd. The China Securities Regulatory Commission this
      BLOOMBERG  -  310 words
  • Page 11 Advertisements
    • 267 11 POWERPAC POWERPAC INTERNATIONAL INC., USA TRIPLE CELEBRATIONS Singapore’s Golden Jubilee World’s Best Machinery Returning Home SG 50 A WORLD’S LEADING BRAND DF MACHINERY a V- V > l Vr J i 06 nrt ~—-t -'c- I* ir» mourn SSKISSfiS M SSSSSm lie m w Of i(I W LUS r jJi
      267 words

  • ENERGY & COMMODITIES
    • 624 12  -  The move follows Apple’s announcement that it will power all operations here with solar energy from January By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore ASIA Pacific Breweries (APB) Singapore has installed solar panels on its factory rooftop, making all
      PHOTO: APB SINGAPORE  -  624 words
    • 697 12 BLOOMBERG Beijing EVEN as investors shed gold holdings almost everywhere else in the world, Chinese savers like Hu Jingjing are buying. Stung by a US$5 trillion stock market collapse, an overbuilt property market and a devaluation of the yuan, Chinese
      BLOOMBERG  -  697 words
  • Page 12 Advertisements
    • 100 12 snags 3016 GRAB YOUR CHANCE TO MEET YOUR IDEAL CANDIDATES! Be a part of the STJobs Express Fair 2016. BOOK YOUR SPACE NOWS Limited Booths Available Showcase your company’s profile to a broad spectrum of jobseekers. Reach out and discuss job opportunities with jobseekers on the ground Extensive media publicity
      100 words
    • 305 12 SME OUTLOOK 2016 Challenges and Opportunities The best market intelligence is still dependent on a well-informed forecast of economic and business conditions. In collaboration with United Overseas Bank, SME Outlook 2016 will provide insights on how to operate more confidently in 2016 with expert inputs on what lies ahead, and
      305 words

  • TECHNOLOGY
    • 745 13  -  Report: Region sees 45% higher risk of targeted cyber attack against its organisations than global average in H1 By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore IN the first half of the year, organisations in South-east Asia (SEA) faced a 45 per cent
      745 words
    • 509 13 BLOOMBERG San Francisco SALESFORCE.COM Inc has again demonstrated growing demand for cloud-based software as it forecast another strong year ahead. Sales should reach US$8 billion to US$8.1 billion during the fiscal year that begins in February, the San Fran-cisco-based company said on
      BLOOMBERG  -  509 words
  • Page 13 Advertisements
    • 21 13 Premium Latte With our compliments Get a copy of The Business Times Weekend Edition tomorrow to redeem your cup next Tuesday
      21 words
    • 871 13 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
      871 words
    • 1550 13 F Lf Everbright Water CHINA EVERBRIGHT WATER LIMITED (Company Registration No.: *****) (Incorporated in Bermuda) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT a Special General Meeting of China Everbright Water Limited (the “Company") will be held at Pan Pacific Singapore, Pacific 1, Level 1, 7 Raffles Boulevard,
      1,550 words

  • CONSUMER
    • 1060 14 New projects expected to hand back an average return of 21 per cent three years after opening BLOOMBERG Hong Kong GAMBLING at casinos is risky. But even after a 17-month slump, building casinos in Macau still looks like one of the best
      BLOOMBERG; PHOTO: BLOOMBERG  -  1,060 words
    • 515 14 BLOOMBERG New York THE future growth of television advertising could be hobbled by a crackdown on one of its big contributors: daily fantasy sports sites. Almost 60 per cent of the increase in ad sales last quarter or US$134 million of
      BLOOMBERG  -  515 words
  • Page 14 Advertisements
    • 341 14 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SINGEX GLOBAL (ME) PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Company Registration No. *****0613M) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of
      341 words
    • 270 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WINGROVE INVESTMENT PTE LTD (Co. Reg. No.: *****2225D) (In Members’ Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a final meeting of the members of the above
      270 words
    • 397 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PEARSON WILLIAMSON CONSULTING HOLDINGS PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****6493W NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50, that a Final Meeting of the Members of
      397 words
    • 289 14 (WEALTH MANAGEMENT A MORE STRATEGIC INSIGHT OCBC PREMIER BANKING SERIES Exclusively in The Sunday Times from now till 6 Dec 2015 Gain insights on overseas investment strategies in this week’s paper WHEEL DEAL The smarter way to sell your car who ed to o get hed on with ce by
      289 words
    • 49 14 Mymother was a wise woman but most untiger-like. She understood me. I was, and still am, a determined and intense person.” –Lee Wei Ling GET A COPY NOW! Now available at all major bookstores and www.stpressbooks.com.sg Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices
      49 words

  • Page 15 Advertisements
    • 551 15 NOTICES TOLL FREE 18 0 0-289-8822 I Email n o t i c e s s p h c o m s g I www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF (1) DUMONT PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No.
      551 words
    • 1292 15 Transfer of General Insurance Business of the Singapore Branch of Liberty Mutual Insurance Europe Ltd to Liberty International Underwriters Pte Ltd Notice Pursuant to Section 49FC(1)(b) of the Insurance Act, Chapter 142 Liberty Mutual Insurance Europe Limited is an insurance company incorporated in the United Kingdom with a registered branch
      1,292 words
    • 2705 15 FRASERS HOSPITALITY REAL ESTATE INVESTMENT TRUST (a real estate investment trust constituted on 12 June 2014 under the laws of the Republic of Singapore) FRASERS HOSPITALITY BUSINESS TRUST (a business trust constituted on 20 June 2014 under the laws of the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING DBS
      2,705 words
    • 168 15 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF LIM SIEW MING (PTE) LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****1581D NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of
      168 words
    • 135 15 In the Matter of The Companies Act, Cap. 50 And In the Matter of CALABRIA PTE. LTD. (In Members’ Voluntary Liquidation) (Co. Reg. No. *****3855H) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final General Meeting of
      135 words

  • GOVERNMENT & ECONOMY
  • Page 16 Advertisements
    • 1255 16 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices SUNPOWER GROUP LTD. (Company Registration No. *****) (Incorporated in Bermuda with limited liability) (the “Company”) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting of the members of the Company will be held at Level 1,
      1,255 words


  • REAL ESTATE
    • 848 18  -  MCC Land to release 40-50% of 731 units in mixed-use project at Nov 28 launch; showflat opens on Friday By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore MCC LAND will be releasing close to half of the 731 units in its
      848 words
    • 659 20  -  Far East tops wins with four; all 28 projects eligible to compete in the FIABCI Prix d’Excellence international awards in May By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore THE Singapore chapter of FIABCI, the Par-is-based International Real Estate Federation, gave out awards to 28
      659 words
    • 317 20  -  The 65 Sussex Street project, to open in Q4 2017, will be its 16th hotel worldwide By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore SINGAPORE-BASED real estate investment group M&L Hospitality has acquired a hotel development site in Sydney, which will see it deepening
      317 words
  • Page 18 Advertisements
    • 128 18 4 Storey Commercial Building -2nd and 3rd Storey High Ceiling Column Free Lift Staircases Serving All Levels -Handicap Toilets -260m to MRT station HOLLAND VILLAGE Good Corporate Image > One Only in Holland Village Do Not Miss! Floor Are: 64 sq ft .Contact: Andrew 9002 8874 we are($CASH)buying watches PERSONALISATION
      128 words

  • Page 19 Advertisements
    • 290 19 D10 HOUSE FOR AUCTION SIXTH AVENUE Bank Auction 26 Nov (Thu). 4-storey Corner Semi-D, 3670 sqft, 4 bedrooms, spacious garden, patio, next to playground bus. Holland Village/ Good schs. Vacant. Must View! JLL *****669 D10 HOUSE FOR AUCTION ESTRIVILLAS Bank Sale. Estrivillas, Strata Semi-Detached, Freehold, 5188 sqft, Good location, Minutes
      290 words
    • 565 19 D25 HOUSE FOR AUCTION 1 WOODGROVE WALK Bank Auction 26 Nov (Thu). Price Revised. 3 sty corner terrace, 3317 sqft, 5+1 bedrooms. Vacant. Serene. Near American School supermarkets. Good for investment. JLL *****651 D11 HOUSE FOR AUCTION 169 GREENWOOD AVENUE Auction 15 Dec (Tue) Mountbatten Square. 3-Storey basement Strata Terrace,
      565 words
    • 253 19 D10 APARTMENT FOR AUCTION THE BALMORAL Off Steven Road. Attractive Price. 3132 sf, Freehold, 2 storey with nice patio, 4 bedroom, Spacious, Reno. Elevated ground. Serene Quiet development. Good Schools. JLL *****651 D27 HOUSE FOR AUCTION SPRINGHILL Bank Sale. Springhill, Strata Terrace, 99 years wef 2002, 2745 sqft, Facilities, Peaceful,
      253 words

  • Page 20 Advertisements
    • 186 20 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The Business Times CLASSIFIED •BUY IT-SELL IT-FIND IT- D10 HOUSE FOR RENT DUCHESS ROAD 83 Duchess Road. Ramp access. 4200sf land/ 4600sf built up. Rebuilt. 7 rms ensuite. Airy. MRT Dec 2015. Amenities. $15K neg. 9752 6884 D11 HOUSE FOR RENT 248
      186 words
    • 173 20 D10 APARTMENT FOR RENT THE OLIV New! The Oliv. 4+1 bedroom. 6m ceiling. Duplex 3337 sqft.. Sky Garden/ Penthouse 5339/ 6125 sqft. Owner 8101 6699 9144 0027 D10 APARTMENT FOR RENT VILLAGE TOWER Mount Sinai Rise. 3-bedroom, 1830 sf. Spacious. New flooring and curtains. Immediate. Partially furnished. $5300 neg. Matthew
      173 words
    • 208 20 D14 OFFICE FOR SALE PAYA LEBAR SQUARE Integrated complex with office retail shops linked to MRT. Price reduced! $1.8xm only. No ABSD. Brand new office. 947 sf high floor, column free. Also for rent :$4.xk. Corina 9799 9737 D20 FACTORY FOR SALE LINK AMK Rare 60-years leasehold. Last 9 terrace
      208 words
    • 237 20 D14 FACTORY FOR RENT SYNERGY KAKI BUKIT B2 Industrial 2nd floor/ bare unit/ 80amp. 2465 sqft. High ceiling with mezzanine. $3.8K neg. Immediate move in. Also for Sale. Call Owner 6214-3633 D19 FACTORY FOR RENT TAI SENG LINK B2 clean light industrial. Modern architecture. Grand lobby. 5,338/ 12,541/ 13,289/ 10,555
      237 words

  • VEHICLES & LIFESTYLE
    • 842 21  -  By Simon Horobin The writer is professor of English language and literature, at University of Oxford. O ne way of predicting the future is to look back at the past. The global role English plays today as a lingua franca
      Photo: Thinkstock  -  842 words
    • 1901 24 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) SUBIC SIN PG PKL JKT SUR PERMATA 001 60 28/11 30/11 POSITIVE PASSION 70 100 30/11 1/12 BRIGHT CORAL 007 60 3/12
      1,901 words
  • Page 21 Advertisements
    • 88 21 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements CLASSIFIED HONDA FOR SALE VEZEL ’X’ Model New Honda Vezel X With led, pushstart, Keyless For immediate Delivery $105,988. Wheeler Dealers LLP #04-10 AML Or call 9386 0913/ 8188 3900 HYUNDAI FOR SALE HYUNDAI ELANTRA 6/2011 Hyundai Elantra 1.6. 1 Owner. Tip-top
      88 words
    • 50 21 MAZDA FOR SALE 2008 RX8 Sporty Black! Almost RX8 auto. Sell $*****. OMV $*****. HP: 8666-1077 Yong Lee Seng Motor Pte Ltd TOYOTA FOR SALE FEB 2006 ALTIS 1 owner only! $624 x 54 months Toyota Altis 1.6 Auto. New COE. HP: 8323 5420 Yong Lee Seng Motor Pte Ltd
      50 words
    • 51 21 TOYOTA FOR SALE HARRIER ELEGANT New Toyota Harrier Premium/ Elegance, immed delivery $139,888. Limited Stock. Wheeler Dealers LLP #04-10 AML or Call 9386 0913/ 8188 3900 DOMESTIC HELP MAID SERVICES Chaindra Maid Agency S’pore Prestige Class Award-Winner 2015 Asia Pacific Brands Award. Nepalese, Indian, Sri Lankan, Kerala, Hindi. Tel: *****172
      51 words
    • 47 21 ITEMS WANTED Highest offer for Old/ New Liquor wanted Martel/ XO/ Hennessy etc/ Korean Ginseng/ used Spoilt Elect items. Call now! *****092 PETS PET CARE KOI FARM Nippon Koi Farm Biggest, Cheapest And Largest in Singapore! No 51 Jln Lekar Tel 6763 1882 or visit website: www.nipponkoifarm.com
      47 words

  • OPINION
    • 554 22 EDITORIAL HATE begets hate, guns beget guns, and bombs beget bombs. If the world is to have any hope at all of winning the war against terrorism, governments must ditch one-dimensional strategies and wage comprehensive campaigns that also aim for economic and
      554 words
    • 810 22  -  THE BOTTOM LINE By Noah Smith WHEN Japanese Prime Minister Shinzo Abe declared that he intended to promote women in the workplace, many people were understandably sceptical. After all, Mr Abe is known as a conservative, and conservatives in most countries support traditional gender roles.
      810 words
    • 1854 22  -  Stakeholders beware: many startup founders don’t seem to grasp the underlying business proposition fully. BY NAVEEN GUPTA BY NAVEEN GUPTA TThe writer is a former banker who now runs his own consulting firm FINTECH short for financial technology has been one of the hottest
      PHOTO: AFP  -  1,854 words
    • 840 23  -  COMMENTARY By Michael Wade TThe writer is professor of innovation and strategic information management at IMD. He is also co-director of the Orchestrating Winning Performance (OWP) programme which ran this week. UBER is hitting headlines daily. Whether you love it (as most customers
      840 words
    • 490 23  -  LETTER TO THE EDITOR June Sim Head, Listing Compliance Singapore Exchange (SGX) WE refer to the recent commentary by R Sivanithy (BT, Nov 6) and various letters on the Singapore Exchange’s (SGX) S$0.20 minimum trading price (MTP) initiative. MTP was
      490 words
    • 1045 23  -  China’s record of resilience compares well with that of Western economies By Anthony Rowley Tokyo WHY does so much media reporting on Chinese financial matters seem to be so inaccurate, confused and biased as it is nowadays? Much of it seems
      1,045 words
    • 927 23  -  COMMENTARY By Shiv Puri TThe writer is founder and managing director of TVF Capital Advisors IN THE global emerging market (EM) picture, India seems to be one of the standouts, and this trend looks set to persist. Last quarter, there was a
      927 words


  • Page 24 Advertisements
    • 99 24 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE yr-— The Business Times SHIPPING TIMES Make A Splash In The Maritime World Via SfZ^I antme. COM Ahoy there! If you are in a business pertaining to any sector of the maritime industry, log on to SPHMaritime.com
      99 words

  • BT Lifestyle
    • MORE BUZZ IN MUSIC FESTIVAL SCENE
      • 706 25  -  Singapore looks set to become a mecca for music festivals with both new and old ones drawing a growing number of ‘live’ music lovers. BY DYLAN TAN BY DYLAN TAN COME next weekend, Singapore will stage its first two-day weekend music and
        706 words
      • 454 25 IF the upcoming Neon Lights and Laneway are not enough to satisfy your festival fix, another new one will premiere in April 2016. Organised by homegrown boutique promoter Symmetry Entertainment, WOAH Festival will be a full-day event that will establish its roots here first. “We decided to
        PHOTO: WE ARE THE RHOADS  -  454 words
      • 598 25 THE Laneway Festival's moniker is slightly misleading: when it started 10 years ago, it lived up to its name by being staged in the back alley of a bar in Melbourne. A decade on, it's become an Australian institution and now not only
        PHOTO: ALYOSIUS LIM  -  598 words
    • CINEMA/MUSIC
      • 620 26  -  Def Leppard returns next week to rock Singapore with a big bag of classic hits for the first time in almost two decades. BY DYLAN TAN decades.BY DYLAN TAN dy|antan@sph.com.sg @Dy|anTanSYBT IF the people around you start dropping their clothes as veteran English rock
        PHOTO: ROSS HALFIN  -  620 words
      • 578 26  -  By Geoffrey Eu FOLLOWERS of The Hunger Games films and the books on which they are based will know that before the final curtain descends on Katniss Everdeen and her band of loyal sisters and brothers, a few issues need to be resolved. The Hunger
        578 words
      • 547 26  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT DESPITE being buddies for decades after working on various projects, Stephen Fung did not hand Daniel Wu the lead role in Into The Badlands on a silver platter. Both actors are executive producers of the new English-language post-apocalyptic
        PHOTO: JAMES DIMMOCK/AMC  -  547 words
      • 670 26  -  By Geoffrey Eu FOR years, Lance Armstrong was worshipped by millions of people who admired him for being a cancer survivor and multiple winner of the Tour de France, the greatest bicycle race in the world. For years, he was also dogged
        670 words
    • ARTS
      • 541 27  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT TO be sure, Peter Brook’s style of theatre isn’t for everyone. But those who appreciate his stripped-down aesthetics and austere performance style will be moved by his latest production Battlefield. This is storytelling pared down to its minimum. Its
        541 words
      • 694 27  -  By Cheah Ui-Hoon uihoon@sph.com.sg VINTAGE is cool, and there’s no Singapore musical that’s more delightfully vintage than Beauty World. From its storyline to its tunes and the “look” of the era, the work is an enjoyable cha-cha-cha down memory lane for
        694 words
      • 696 27  -  Singapore artist’s work, Pandas, is the first by him to be auctioned by Christie’s at a special sale of Singapore art in Hong Kong. BY CHEAH UI-HOON Kong.BY CHEAH UI-HOON AN ink-and-acrylic work by Tan Swie Hian will be auctioned by Christie’s next week
        696 words
    • WINE/PURSUITS/ARTS
      • 1215 28  -  Back in the 80s, THE Australian wine was Grange Hermitage, aptly known as ‘Australia’s First Growth’.BY Growth’.BY NK YONG THINK “Australian wine” and the name that comes to my mind and possibly to many in my generation is Penfolds. This is harking back to
        1,215 words
      • 622 28  -  By Tay Suan Chiang taysc@sph.com.sg @TaySuanChiangBT GO into most sushi restaurants in Singapore, and you are likely to find salmon sushi on the menu. You would think that this would be the same in sushi restaurants in Japan, but that is not the case. Despite its
        622 words
      • 687 28  -  By Avanti Nim avantin@sph.com.sg WE'VE all suffered through science experiments at school and risked beakers exploding in our faces, or worse, being splattered by the insides of a dead amphibian or two. If you're looking to experience the miracles of science
        PHOTOS: SCIENCE MUSEUM 2013  -  687 words
    • CITY LIVING/CITY BUZZ
      • 878 29  -  Delegate aims to demystify the planning process with its free, efficient and user-friendly online platform.BY platform.BY AVANTI NIM avantin@sph.com.sg T For more information on Delegate, please visit http://delegate.sg. “PARTY planning is fun!” said no one, ever. If you've ever had to organise an event from start
        PHOTO: DELEGATE  -  878 words
      • CITY BUZZ BT writers'picks of what to see, do or talk about
        • 382 29  -  DINING BY Tay Suan chiang THE Black Swan and Morton’s of Chicago The Steakhouse are both familiar dining places with Singaporeans, and they have both recently introduced new menus. It is all about going back to the classics at The Black Swan, but with a slight
          382 words
        • 202 29  -  DINING By Tay Suan chiang DON’T like eating greens? You may change your mind about vegetables, after visiting any of the 17 restaurants in Singapore participating in the first Gourmet Greens Week. From Nov 23 to 29, these restaurants will present an all vegetarian four-course menu for
          202 words
        • 278 29  -  By Dylan Tan FILM Panay THE Singapore International Film Festival, which runs from Nov 26 to Dec 6, kicks off its 26th edition with Panay as its opening film. The heart-warming Taiwanese coming-of-age drama received the Audience Choice award at the 2015 Taipei Film Festival and
          278 words
        • 185 29  -  FILM By Dylan Tan CANADIAN indie band Arcade Fire's brand of art-rock is not for everyone and their 2013 album Reflektor left even some of their most ardent fans scratching their head over the group's sudden change of musical direction. All that is explored in
          185 words
        • 144 29  -  PERFORMANCE ART By Helmi Yusof IN 1993, a performance art piece by Josef Ng that included the snipping of his pubic hair was reported in The New Paper. It sparked a media storm which led to a dramatic 10-year no-funding rule for performance art by the authorities.
          144 words
        • 334 29  -  SAKE DINNER By Rachel Loi MAKE a date with Sake Samurai Ayuchi Momose next week, when she will be speaking at Japanese restaurant Sushi Jin's first anniversary sake dinner. This will be the restaurant's first-ever sake dinner, and will be led by head chef Patrick Tan,
          334 words


  • Page 27 Advertisements
    • 86 27 ROCKY MOUNTAINEER 8 €&Mm Bcckihtj feohuK $1000 CAD* PER COUPLE IN ADDED VALUE when you book a qualifying 2016 Rocky Mountaineer rail journey of 7 nights or more m*. .'V L E2 •A ■4 t.p. vf. 6: Prepare to be J/tove^ Experience the breathtaking Canadian Rockies in the lap of
      86 words

  • Page 28 Miscellaneous
    • 347 28 CRYPTIC CROSSWORD Across 1 Bedroom suite? (7,5) 9 Panels need cake to be included in tests (9) 10 Supper’s beginning with drink maybe squash? (5) 11 Summit’s importance requiring husband to stand in for wife (6) 12 Second attempt on record for needlepoint (8) 13 Sets right before parting shot
      347 words



  • THE BUSINESS TIMES ENTERPRISE 50 2015
    • Article, Illustration
      570 1 NTERNATIONALISATION has been a rallying call among businesses seeking growth. Whether they are larger companies expanding their geographical footprint to mitigate business cycles or smaller firms that have outgrown their local market, businesses are increasingly aware of the perks of internationalisation. Our Enterprise 50 (E50) winners are among
      570 words
    • 1217 2  - Full steam ahead for ROS despite oil gas slump Rotating Offshore Solutions will continue to go after larger projects and is intent on moving up the value chain. BY TAN HWEE HWEE BY TAN HWEE HWEE hweetan@sph.com.sg @HweetanBT THE downturn in the offshore marine sector is not stopping Rotating Offshore
      PHOTO: LAURA NG  -  1,217 words
    • 1293 4  -  The seafood-focused restaurant group has set its sights on regional and even global expansion.BY expansion.BY VIVIEN SHIAO SHUFEN vshiao@sph.com.sg @VivienShiaoBT FOR seafood fiends, there is nothing more glorious than getting your hands messy and tucking into a plate of piping-hot chilli crab. This renowned Singaporean
      PHOTOS: ST FILE, JUMBO GROUP  -  1,293 words
    • 1189 6  -  The welding solutions provider is building up its own brands as it seeks to help other SMEs move up the productivity ladder. BY MINDY TAN BY MINDY TAN tanmindy@sph.com.sg @MindyTanBT THE pieces are falling in place for local small and medium enterprise
      PHOTO: YEN MENG JIIN  -  1,189 words
    • 1377 6  -  By Vivien Shiao Shufen vshiao@sph.com.sg @VivienShiaoBT NURSING homes do not have to be dull, sterile places crammed with beds. With some experimentation and effort, eldercare services provider Orange Valley is paving the way for residents to enjoy quality care in a comfortable, modern
      PHOTO: LAURA NG  -  1,377 words
    • 1204 8  -  Two-decade-old electronics firm Superworld is ready to exit sectors it has established itself in and move into R&D and new markets.BY markets.BY SOON WEILUN soonwl@sph.com.sg @SoonWeilunBT CHANGES are afoot at Superworld as it gravitates towards new frontiers. One change was the creation of two new full-time positions
      PHOTO: LAURA NG  -  1,204 words
    • 1318 8  -  By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT IT was a gap that needed to be filled in the foreign worker dormitory sector. Through working for his family, Jonathan Cheah, managing director of S11 Capital Investments, realised that there was a lot more that
      PHOTO: LAURA NG  -  1,318 words
    • 2213 10 The heads of three S’pore firms that have operations abroad share their thoughts on moving to a foreign market and offer some advice to fellow SMEs ROUNDTABLE PARTICIPANTS T Daniel Chan, group chairman, IPS Group Pte Ltd IPS GROUP is a leading player in building
      PHOTO: FREEIMAGES  -  2,213 words
    • 1413 12  -  UEMS, which services six out of the eight hospitals here, is intent on improving productivity. By MINDY TAN By MINDY TAN tanmindy@sph.com.sg @MindyTanBT HAVING tackled the housekeeping in his own organisation and improved the productivity of workers at UE Managed Solutions (UEMS), chief executive Chan
      PHOTO: LAURA NG  -  1,413 words
    • 912 14  -  Singapore’s oldest not-for-profit professional institute gears up to stay successful in its next 60 years. By MINDY TAN By MINDY TAN tanmindy@sph.com.sg @MindyTanBT STANDING at the cusp of its 60th year, the Management Development Institute of Singapore (MDIS) is far from slowing down.
      PHOTO: YEN MENG JIIN  -  912 words
    • 1014 15  -  Family firms should have a governance framework to manage family risks, one of the key reasons that many go bust. BY MARLEEN DIELEMAN The writer is associate professor of strategy and policy at the National University of Singapore Business School EVERY head of a family
      PHOTOS: BLOOMBERG  -  1,014 words
    • 1201 16  -  Without having a single order, Steven Toy plunged AME International head first into oil and gas. His gamble paid off. BY CAI HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT Sometimes, success comes from thinking differently and investing boldly. Steven Toy Kok Sin, 47, recalls how he invested S$15
      PHOTO: LAURA NG  -  1,201 words
    • 1388 17  -  Strategic partnerships and a commitment to innovation help nn Wah Tech move onwards.BY KENNETH LIM onwards.BY KENNETH LIM kenlim@sph.com.sg @KennethLimBT ONN Wah Tech founder and managing director Leong Kwong never got to finish his polytechnic programme, but that didn’t matter as some of
      PHOTO: LAURA NG  -  1,388 words
    • 1408 18  -  The bio-energy trader’s strategy of not competing head-on with the giants in the commodities supply chain is paying off. BY MELISSA TAN BY MELISSA TAN melissat@sph.com.sg @MelissaTanBT About to throw away your used cooking oil? Apeiron AgroCommodities wants it. Well, maybe not in
      PHOTO: ARTHUR LEE  -  1,408 words
    • 887 19  -  EPS Computer Systems’ blend of HR and IT knowledge gives the group its strong competitive advantage. BY MINDY TAN advantage.BY MINDY TAN tanmindy@sph.com.sg @MindyTanBT Founder and chief executive of EPS Computer Systems Kevin Liang is unabashed about using off-the-shelf software to automate his firm’s work processes and store
      887 words
    • 1208 20  -  Companies that will emerge victorious in the competitive stakes are those that are designed for disruption and have a nimble architecture to implement innovation. BY CHIU WU HONG innovation.BY CHIU WU HONG The writer is head of enterprise at KPMG in Singapore. The views
      PHOTO: FREEIMAGES; FILE PHOTO  -  1,208 words
    • 1141 22 To better manage its processes, House of Kids has turned to a tool that helps with the routine administrative tasks House of Kids, a preschool situated in a quiet and peaceful area of Yio Chu Kang, was founded in 1999 with the aim
      PHOTO: LAURA NG  -  1,141 words
    • 1441 24  -  A challenging environment of rising costs, a manpower crunch and greater competition will continue to beset companies.BY companies.BY CHIU WU HONG The writer is head of enterprise at KPMG in Singapore. The views expressed are his own. This article first appeared in The
      FILE PHOTO  -  1,441 words
    • 1002 27 Singapore companies need to differentiate themselves in order to beat the competition and ensure long-term success TO survive and prosper in the 21st century’s volatile business environment, Singapore companies need to implement a sound strategy for innovation, branding and managing intellectual property that
      FILE PHOTOS  -  1,002 words
  • Page 1 Advertisements
    • 74 1 inside Full steam ahead for ROS 2 The process is the thing for AllAlloy 6 Containing fallout from family feuds 15 Coming out of Jumbo’s shell 4 EPS COMPUTER SYSTEMS PTE LTD ENTERPRISE Harnessing the Power of IT Talents Celebrating Singapore's Enterprising Spirit 2015 We Are Honoured To Receive The
      74 words

  • Page 2 Advertisements
    • 127 2 s I DORMITORIES S11 Capital Investments Pte Ltd is proud to be a winner of the 2015 Enterprise 50 Awards ENTERPRISE Celebrating Singapore's Enterprising Spirit 2015 RESHAPING WAY OUR WORKERS live IlISLJ /I y X- A. Heartfelt Congratulations Best Wishes from: S11 Dormitories, managed by S11 Capital Investments Pte Ltd,
      127 words







  • Page 9 Advertisements
    • 221 9 We are proud to be this year's Enterprise 50 Winner r Bh 1 li> B\l 1? Lu,n&n Established in 1990, SIAC is an acoustic solutions provider that specializes in Soundproofing and Sound insulation products in Southeast Asia. With more than two decades in the acoustic industry, SIAC is recognised as
      221 words



  • Page 12 Advertisements
    • 145 12 □ur 12-year journey has earned us exceptional success and recognition and has brought us to new possibilities. Our brand of cutting-edge robotics and machine intelligences of the next order. From sentient camera eyes that recognise and track faces and cars to TECHN0VATI0N intelligence on the move transformer technologies for driver-less
      145 words


  • Page 14 Advertisements
    • 154 14 WE BUILD TO INSPIRE Seiko Architectural is the proud recipient of the 2015 Prestigious Enterprise 50 Award TM ENTERPRISE Celebrating Singapore's Enterprising Spirit 2015 for 2010 2011 2012 2013 2014 2015 I RPRIS Building Facade Specialist Designers, manufacturers and erectors of external building facades for human comfort augmented by values
      154 words

  • Page 15 Advertisements
    • 240 15 >IUIf WATT W A H GROUP Fueled by The Passion for Performance Watt Wah Petroleum Haulage is honoured to receive the Enterprise 50 (E50) Award ENTERPRISE Celebrating Singapore's Enterprising Spirit 2015 44 Being one of the subsidiary companies of the Watt Wah Group, Watt Wah Petroleum Haulage is an integrated
      240 words

  • Page 16 Advertisements
    • 377 16 1 I 1 1 UEMS Pte Ltd is honoured to be conferred the prestigious Enterprise 50 Award UEMS Leader in Environment Services in Healthcare Facilities Services with Innovation in Technology UEMS Pte Ltd (UEMS Group) is an Integrated Facilities Management (IFM) company, with businesses operating under three (3) wholly-owned subsidiaries,
      377 words

  • Page 17 Advertisements
    • 136 17 1 r r mmm ami i f i a I S I j J I. < f ■■y m fApja S**, JI a v J ft SOLUTIONS Graded A 1 by bhe Singapore Police Force GUARDING 24/7 Operations Centre Remote 'Live 1 CCTV Monitoring Virtual Patrol TECHNOLOGY Cyber Security Homeland
      136 words

  • Page 18 Advertisements
    • 121 18 ENTERPRISE Celebrating Singapore's Enterprising Spirit 2015 We will continually pursue Innovation Quality Service with passion and pride A winner of this year’s Enterprise 50, Sun Singapore Systems is the current leading cashless parking system supplier in Singapore. The Company’s products include: CashCard Parking System, Electronic Parking System, Parking Guidance System
      121 words
    • 116 18 ENTERPRISE Orange Valley Caring for Life Celebrating Singapore's Enterprising Spirit 2015 X K M y ii ■Ct t About Orange Valley Healthcare Founded in 1993, Orange Valley is one of Singapore’s leading eldercare service providers. Offering convenient one-stop comprehensive eldercare services, we aim to be your Partner in Aging. In
      116 words

  • Page 19 Advertisements
    • 200 19 LJnrrvvah Tech Pte Ltd REACHING PEAKS OWT IS PROUD TO BE RECOGNISED WITH THE ERPRIS W ESO AWARD OUR VISION The management's vision for OWT is to provide Total Solution for Design, Fabrication as well as Setup of Precision Tooling and Test Sockets used in Semiconductor Back-end Industries. OWT focuses
      200 words

  • Page 20 Advertisements
    • 123 20 GOURMET PURVEYOR Indoguna Singapore is proud to be awarded The Enterprise 50 Awards for the 4 th consecutive year! i.r SOURCING I I IJ i\ia SERVICING CREATING Delivering 22 Years of Culinary Delights and Services Inspired by the Finest the World has to Offer. d ENTERPRISE ENTERPRISE V Celebrating Singapore’s
      123 words

  • Page 21 Advertisements
    • 159 21 H Sd Reefer Containers 20' Dry Containers A ISO Tanks Open Top Containers BLPL.. v 3 1 si r ia W 'vt'*- -i y x A BIG THANK YOU TO OUR VALUED CUSTOMERS AND PARTNERS ENTERPRISE Celebrating Singapore's Enterprising Spirit 2015 AWARD BLPL Singapore owns and operates a growing container
      159 words

  • Page 22 Advertisements
    • 294 22 Sn i A' l #*Or LTD mi) GO FAIT 4 tv**cttlt m I 1 W <* J mW Then ENTERPRISE Established in 1962, Chee Fatt Co. (Pte.) Ltd is a leading solutions provider and supplier of hardware, industrial and safety products in Singapore and South East Asia, with great expertise
      294 words

  • Page 23 Advertisements
    • 92 23 ADEMCO Cj u 1 A 4 Heights A ENTERPRISE Celebrating Singapore's Enterprising Spirit 2015 “Recognising our commitment to making Singapore a safer place for homes and businesses, this honour validates of our efforts to stay at the forefront of Singapore’s security landscape through innovation and service excellence. We are grateful
      92 words

  • Page 24 Advertisements
    • 213 24 ENTERPRISE TM Celebrating Singapore's Enterprising Spirit 2015 1 1 1 a •SH-PAC BUILDING N0.8 TUAS SOUTH STREET 8, SINGAPORE *****6 Sir. YOUR TRASH WE TREASURE Many years ago, Transco-Pac was founded as a waste management company with the ideal to bring exceptional service to our clients. Today, many things have
      213 words

  • Page 25 Advertisements
    • 209 25 ENTERPRISE The Wok People Pte Ltd i*Je. wo/f tajl( to ta/>/'e.tof>S Celebrating Singapore's Enterprising Spirit 2015 I -41 trr-’ W The Wok People Pte Ltd Thank you. You made this award possible. The Wok People is a dynamic one stop solution provider for Staff Cafeteria Management. We serve customers from
      209 words

  • Page 26 Advertisements
    • 245 26 CONGRATULATIONS to Singapore’s 50 hottest enterprises 1Rotating Offshore Solutions Pte Ltd 2Jumbo Seafood Pte Ltd 3AllAlloy Pte Ltd 4Orange Valley Nursing Homes Pte Ltd 5Superworld Holdings (S) Pte Ltd 6S11 Capital Investments Pte Ltd 7Seiko Architectural Wall Systems Pte Ltd 8Kim Soon Lee Logistics (S) Pte Ltd 9Huationg Holdings Pte
      245 words

  • Page 27 Advertisements
    • 398 27 Exemplifying innovation and enterprise in Singapore and beyond The Supervisory and Management Training Association of Singapore (SAMTAS) was formed to meet the growing manpower needs of the nation’s fledging workforce. SAMTAS focused on training supervisors on subjects ranging from job relations to industrial safety. MDIS collaborated with overseas universities and
      398 words