The Business Times, 26 November 2015

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

Microfilm: NL33684
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 Q31 A SINGAPORE PRESS HOLDINGS PUBLICATION wvvw.businesstimes.com.sg [1 @BTBreakingnews CO REGN NO ’l*****868E MCI (P) 039/08/2015 Thursday. November 26. 2015
    34 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    233 1 The official full-year growth forecasts for non-oil domestic exports and total trade have been trimmed for a third time. TOP STORIES 2 The US dollar may enjoy a surge in value next year, especially against crumbling emerging-market units, says JP Morgan.TOP STORIES 3 Chinese official Li Rongrong, Keppel
    233 words
  • Article, Illustration
    Lock icon For S’pore economy, a heavy note of caution
    860 1  -  Growth could come in as low as 1 per cent next year one of the most pessimistic projections in over a decade By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore THE Singapore economy could grow as little as one per cent next year, according
    BT Graphics Source: MTI, DOS  -  860 words
  • Article, Illustration
    Lock icon Shift to ‘more accurate’ productivity measure, but challenges remain
    687 1  -  By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore SINGAPORE’S government will place a greater emphasis on the “more accurate” metric of value-add (VA) per actual hour worked to measure labour productivity. Using this metric, the economy actually better satisfies productivity growth expectations as
    Source: Ministry of Trade and Industry, Singapore  -  687 words
  • Article
    Lock icon MARKETS
    29 1 MARKETS Wednesday Change STI 2,891.58 -31.91 KL COMP 1,684.42 +7.39 NIKKEI 225 19,847.58 -77.31 HANG SENG 22,498.00 -89.63 SHENZHEN B 1,213.38 +1.63 DOW (9.30 am EST) 17,814.29 +2.10
    29 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      42 1 8 "*****1 *****4 BUSINESS CHINA AWARDS Feting 25 years of S'pore-China diplomatic ties SPECIAL REPORT 22-25 co m GEH Opening of the new Jaeger-leCoultre Boutique 2 Bayfeont Ave,The Shoppes at Marina Bay Sands, #B2M-240, Singapore JL tjAEGER-LECoULTRg. Open a whole new world
      42 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      23 1 WORKPLACE WOES Why financial incentives fall short OPINION 31 TAKING STOCK Optimism in West as markets prepare for Fed hike COMPANIES MARKETS 6
      23 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      13 1 BULLISH ON ASIA-PACIFIC UBS gives Edmund Koh enlarged Asia-Pac role TOP STORIES 3
      13 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 4
      19 1 Manufacturing loses traction as services lead Q3 growth, Page 2 2015 exports and trade forecasts cut, again, Page 2
      19 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Manufacturing loses traction as services lead Q3 growth
      735 2  -  Services and construction sectors save Singapore from technical recession as outlook for manufacturing remains dim SINGAPORE ECONOMY By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore MANUFACTURING as a growth engine lost more of its traction in the third quarter, as service-producing industries took the
      Photo: Bloomberg; Source: Ministry of Trade and Industry, Singapore; Source: IE Singapore  -  735 words
    • Article, Illustration
      Lock icon RFI exercise on KL-S’pore high-speed rail project receives 98 submissions
      440 2  -  Both governments expected to finalise project’s commercial model and procurement approach by next year By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore MALAYSIA’S Suruhanjaya Pengangkutan Awam Darat (SPAD) and Singapore’s Land Transport Authority (LTA) have received 98 submissions in response to the
      FILE PHOTO:  -  440 words
    • Article
      Lock icon Public servants to get 0.65-month year-end bonus
      455 2  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore CIVIL servants will be paid a year-end bonus of 0.65 month, and low-er-wage officers, at least S$1,100. This compares to the year-end bonus of 0.8 month civil servants got last year, and the S$ 1,200 minimum lower-wage
      455 words
    • Article
      Lock icon 2015 exports and trade forecasts cut, again
      658 2  -  NODX to grow 0.5-1.0 per cent for 2015, while total merchandise trade is likely to fall 10-10.5 per cent: IE By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore THE official full-year growth forecasts for non-oil domestic exports (NODX) and total trade have been trimmed
      658 words
    • Article
      Lock icon Dollar to surge afresh in ’16; EM currencies to crumble: JP Morgan
      669 3  -  Bank’s report highlights the acute risks faced by the US Fed as the time for the expected rate hikes nears By Anthony Rowley btworld@sph.com.sg Tokyo THE US dollar is likely to enjoy a further surge in value next
      669 words
    • Article, Illustration
      Lock icon Playground weaklings give Li Ka-shing bloody nose
      372 3  -  REUTERS BREAKINGVIEWS By Peter Thal Larsen Hong Kong HONG KONG’S scrawny public investors have given the biggest kid in the playground a bloody nose. By rejecting tycoon Li Ka-shing’s US$12.4 billion bid to merge his listed energy and infrastructure units, institutions in the
      372 words
    • Article, Illustration
      Lock icon UBS gives Edmund Koh enlarged Asia-Pac role
      436 3 He will oversee S’pore, Hong Kong and 11 other locations UBS on Wednesday named Singaporean Edmund Koh as head of UBS Wealth Management in the Asia-Pacif-ic, a role which gives him charge over the bank’s two key Asian booking centres of Singapore and
      FILE PHOTO  -  436 words
    • Article, Illustration
      Lock icon Top China official among Business China Award winners
      727 5  -  Li Rongrong is honoured along with Keppel Corp and singer Tanya Chua for promoting Singapore-China relations By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore PROMINENT Chinese official Li Rongrong, who once oversaw China’s more than 100 state-owned enterprises (SOEs), was on Wednesday honoured at
      PHOTO: LIANHE ZAOBAO  -  727 words
    • Article, Illustration
      Lock icon China securities body finds 1t yuan error in Citic reports
      387 5 REUTERS Beijing CITIC Securities Co, China’s biggest brokerage, overstated some of its financial derivatives by more than one trillion yuan (S$220.1 billion) in monthly reports from April to September, the country’s securities association said. The Securities Association of China (SAC)
      REUTERS; PHOTO: REUTERS  -  387 words
    • Article
      Lock icon Maersk Line sees intra-Asia trade growing 3-5% in 2016
      757 6  -  Danish global container shipping giant sees cost restructuring as necessary to maintain its market leadership By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore MAERSK LINE remains positive about prospects in intra-Asia and South-east Asia trade despite a slowdown in China’s economic expansion
      757 words
    • Article, Illustration
      Lock icon Opec may stay the course despite fears of US$20 oil
      635 6 REUTERS London OPEC is determined to keep pumping oil vigorously despite the resulting strain even on the policy’s chief architect Saudi Arabia, alarming weaker members who fear prices may slump further towards US$20. Any policy U-turn would be possible only
      REUTERS; PHOTO: REUTERS  -  635 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      51 2 Uim VILLAGEd 4 Storey Newly Built Commercial Building or Lease 5 2nd 3rd Storey (Floor Area: 4,764 sc ■High Ceiling Column Free Lift Staircases Serving All Levels ■Handicap Toilets ■260m to MRT station > Good Corporate Image One Only in Holland Village Do Not Miss! .Contact: Andrew 9002 8874 LEVEL
      51 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      322 3 SIGNATURE PRIORITY BANKING YOU ARE AS UNIQUE AS YOUR SIGNATURE Expert and customised wealth management solutions, together with exceptional and personalised service, are what your financial wealth goals will benefit from. And these are the hallmarks of ANZ Signature Priority Banking. Our people are wealth management and investment specialists with
      322 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      344 4 IMPROVE YOUR GAME WITH THE BUSINESS TIMES businesstimes.com.sg 1 r/ i 4( i V < 1 rc u X Vi c .7N Master the business landscape with The Business Times. Subscribe to The Business Times All-in-One package and choose between the TomTom Golfer GPS Watch or the Samsung Galaxy Tab
      344 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      129 5 Celebrating 25 years of Singapore-China diplomatic ties, Pages 22-25 The all-new Audi Q7 2.0 Greatness has a new name. The all-new Audi Q7, now with a light yet powerful 2.0 TFSI engine producing 252bhp. With pioneering features such as Audi virtual cockpit and powered third-row seats, the Audi Q7 2.0
      129 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      111 6 OWN A COPY OF OUR COVERAGE news POST REVIEWS NEWS VIDEOS FEATURES REPORTS Here’s how you can purchase the materials in 3 simple steps. If you are reading the article online, click below the article or visit www.sphdigital.com/newspost news POST Complete and submit the News Post Enquiry Form. SPH will
      111 words
Page thumbnail Page 7
  • URBANISING ASIA
    • Article, Illustration
      Lock icon A sterling track record in China
      745 7  -  Singapore companies have established themselves as key players in developing the mainland’s infrastructure. BY FRANCIS KAN IN the past three decades, China has undergone an unprecedented wave of urbanisation, with some 260 million migrants moving from its rural areas to its cities. By 2030,
      745 words
    • Article
      Lock icon Groundbreaking projects
      233 7 HERE are some of the key infrastructure projects in China’s top tier cities that have involved government agencies and private sector players from Singapore. IThe China-Singapore Suzhou Industrial Park (SIP) celebrated its 20th anniversary in October last year. The SIP began in 1994 as a bilateral project for
      233 words
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      204 7 ascendas SlNCBRIDCE vr, ssim ilSfssj 5* -r. 7: 7 ~A "i 7 k Sinqapore-Sichuan Hi-Tech Innovation Park China jMm p*sr r- me Sino-Singapore Jilin Food Zone, 3^3! -v.^r* 7 5mo-5ingapore Guangzhou Knowledge City, China Raffles City Chongqing China A LEADER IN SUSTAINABLE URBAN DEVELOPMENTS Ascendas-Singbridge is one of Asia’s Leading
      204 words
Page thumbnail Page 8
  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Optimism in West as markets prepare for Fed hike
      1599 8  -  US shows no signs of entering into a recession soon and Europe looks promising, say analysts By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT London OPTIMISM shines in the developed West as the market readies for a US Federal Reserve rate hike in December.
      PHOTO: BLOOMBERG; Source: Schroders, August 2015 forecast  -  1,599 words
    • Article
      Lock icon CIMB posts highest net interest income in 7 quarters
      282 9 REUTERS Kuala Lumpur CIMB Group Holdings Bhd, Malaysia’s second-biggest bank by assets, on Wednesday posted its highest quarterly net interest income in seven quarters but said that slowing Southeast Asian economies could curb future growth. CIMB, the region’s fifth-largest lender by
      REUTERS  -  282 words
    • Article
      Lock icon PSL completes acquisition of stake in Momentum Indonesia
      234 9  -  By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore PSL Holdings has completed the acquisition of an approximately 49 per cent stake in Indonesia-based marine logistics player PT Momentum Indonesia Investama. The acquisition, which was completed on Nov 25, was approved unanimously at a
      234 words
    • Article, Illustration
      Lock icon Global insurers increase risk appetite in low yield environment
      606 9  -  They are looking into alternative credit asset classes in bid to boost income: BlackRock By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore GLOBAL insurers are prepared to almost double their investment risk appetite as they feel the pain of decreasing yields brought on
      606 words
    • CORPORATE DIGEST
      • Article
        Lock icon KS Energy
        70 9 KS ENERGY’S unit, KS Marinehub (KSMH), has acquired the 20 per cent stake that it does not already own in Ocean Offshore Engineering (OOE) for S$2.34 million. KSMH is wholly owned by KS Distribution, which in turn is 55.35 per cent owned by KS Energy, with the acquisition,
        70 words
      • Article
        Lock icon Cordlife Group
        51 9 CORDLIFE Group is currently in discussions with various parties on opportunities relating to acquisitions, divestments and joint ventures. These opportunities are at various stages, the group said in response to a Singapore Exchange query on unusual trading activity surrounding its shares, and no definitive agreements have been signed
        51 words
    • Article, Illustration
      Lock icon STI slides on jitters over Middle-East conflict
      680 10  -  Index loses 32 points in lacklustre trading to end at 2,891.58 STOCKS By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT THE local bourse wobbled downhill on Wednesday, spooked by geopolitical concerns after Turkey downed a Russian fighter jet near the Syrian border, with the key index
      Source: Bloomberg  -  680 words
    • Article
      Lock icon STI STOCKS
      305 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 229 -3 234/228 271 213 6.4 5798.9 CapitaLand 311 -2 315/308 379 267 11.4 2.9 *****.7 CapitaMall Trust 187 -1.5 190/187 228 184.5 5.8 6498.8 CityDev 744 -8 754/743 1095 743 8.9
      305 words
    • Article
      Lock icon MOST ACTIVE
      35 10 VOLUME Ezra 48,613,200 Spackman 45,694,200 Alliance Mineral 38,228,500 NOL 37,536,900 New Silkroutes 37,250,100 Market volume 1,100,466,000 VALUE Singtel 111,196,935 DBS Grp 64,040,506 OCBC Bank 63,916,406 JSH USD 62,117,198 Cordlife 59,267,044 Market value 1,048,813,000
      35 words
    • Article
      Lock icon SGX ETFs
      101 10 Most Active Film! STIFTF Last sale 295 J 1 003; m DOJI hlJIVIOVU mrm S2vu hisn/low 3SS/35P Buy/Sell 2»/295 wcap IS MS INDIA DSi tiS66«5 197 bib/ua 1000/648 666/672 85.1 Aiif SCBonrl fir M6.5 <03 17' 115,5/1154 135.5/110.2 115,*****.5 an IVMlriCtiimH (JSWV 71 HSVV110 jnsvuso illBrtU? n OliXT
      101 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Nov 25 VALUE CLOSE BT OB/OS -584.00 +62.00 BT CADI -*****.00 -83.00 BT 10-day MA -*****.00 -59.00 FTSE ST Mid Cap 674.91 -2.12 FTSE ST Small Cap 409.00 -0.21 FTSE ST All Share 698.37 -7.48 FTSE ST China Top 172.97 -1.55 FTSE ST China 210.96 -3.20 FTSE
      77 words
    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 10 STI FTSE ST All-Share ftse ST All-Share index NOV 25,2015 698.37 -7.48 (-1.06%) Current streak 1 day Day high 706.19 Day low 697.48 52-week high 847.98 (Apr 15, 2015) 52-week low 676.13 (Sept 29, 2015)
      35 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE index NOV 24,2015 1,734.05 -9,69 (-0.56%) Current streak 3 days Day high 1,746.50 Day low 1,726.44 52-week high 1,949.49 (May 15, 2015) 52-week low 1,609.50 (Sept 29, 2015)
      33 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 5 1 0 0 0 7 5 1 Manufacturing 31 44 28 5 14 10 36 58 38 Commerce 14 23 8 7 6 3 21 29 11 Tpt/Stor/Comms 8 23 5
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 14,690 14,690 55,025 55,025 Manufacturing 81,644 34,285 115,929 89,980 2,754 92,734 Commerce 82,758 36,961 119,719 108,423 1,927 110,349 Tpt/Stor/Comms 177,746 8,965 186,711 226,879 775 227,654 Finance 26,905 22 26,927 193,695 3 193,698 Construction 21,940 1,757
      123 words
    • Article
      Lock icon GAINERS
      77 10 BY CENTS CLOSE UP 52w high/low DBXT iBoxxKR US$ ***** 162.8 0.8 *****/***** DBXT MSINDO US$ 1167 35.1 2.2 1492/911 GLD US$ ***** 28.1 0.2 *****/***** SPDR DJIA US$ ***** 28.1 0.1 *****/***** IS MSCI SIN US$ 1061 23.9 1.6 1333/989 BY PERCENTAGE CLOSE UP 52w high/low Jasper Inv
      77 words
    • Article
      Lock icon LOSERS
      72 10 BY CENTS CLOSE DOWN 52w high/low JMH USD 4992 -138.9 -1.9 6788/4502 JSH USD 2749 -78.6 -2.0 3703/2611 Great Eastern 2086 -43.0 -2.0 2600/1870 Jardine C&C 3208 -36.0 -1.1 4269.7/2636 Lyxor Europe US$ 1351 -32.3 -1.7 1583/1275 BY PERCENTAGE CLOSE DOWN 52w high/low AP Strat W*****9 0.1 -50.0 -0.1
      72 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      82 10 VOL CLOSE($) CHANGE Ziwo 94.9 0.039 -0.035 -47.30 Alliance Mineral 38,228.5 0.109 +0.022 +25.29 Terratech 2,558.0 0.035 -0.003 -7.90 Cordlife 35,464.1 1.320 +0.100 +8.20 Zagro Asia 2,433.7 0.300 +0.010 +3.45 Soon Lian 26.0 0.112 +0.019 +20.43 ES 0.2 0.100 -0.023 -18.70 Best World 2,675.4 0.320 +0.020 +6.67 Khong
      82 words
    • Article
      Lock icon BROKERS’ TAKE
      481 10  -  Compiled by Andrea Soh Water sector Overweight rhb Research Nov 25 We resume coverage on the wastewater treatment stocks listed in Singapore. China has been notorious for its incredibly high levels of pollution; however, over the last five years, it has taken definitive steps towards a clean revolution.
      481 words
    • Article
      Lock icon CALENDAR
      16 10 DATA I 26 Nov Singapore Industrial Production Index I 26 Nov US Initial Jobless Claims
      16 words
    • Article
      Lock icon US$ eases as geopolitical woes boost euro, yen
      390 11 CURRENCIES REUTERS London THE dollar nursed broad losses on Wednesday as investors cut crowded long positions in the lead-up to the US Thanksgiving holidays, and as heightened geopolitical tensions boosted demand for the euro and yen. The greenback had hit an eight-month
      REUTERS  -  390 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 11
        2 words
      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 NOV 25 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.967 4.648 0.681 5.638 48.227 99.636 0.890 8.320 3.060 1.107 76.730 34.184 1.021 10.236 0.739 23.614 25.939 0.482 0.727 Canada 1.034 4.806
        471 words
      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 11
        2 words
      • Article, Illustration
        Lock icon DOW JONES
        2 11
        2 words
      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 NOV 25 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0205 1.0213 0.7272 0.7276 Canadian dollar 1.0554 1.0560 0.7523 0.7520 Euro 1.4979 1.4986 1.0674 1.0676 NZ dollar 0.9218 0.9228 0.6569 0.6574 Sterling pound 2.1170 2.1182 1.5086 1.5090
        155 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 NOV 25 S$ Bid Offer 1-month 1.4047 1.4052 2-months 1.4061 1.4067 3-months 1.4073 1.4081 6-months 1.4104 1.4113 Source: OCBC
        22 words
      • Article, Illustration
        Lock icon NIKKEI
        1 11
        1 words
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        209 11 Most active NOV 25 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left KepCorp MB eCW*****1A 6.9 -0.9 7099 0.2 800 7 Rowsley Ltd W*****3 3.1 0.1 6290 1 18 11 DBS MB eCW*****4 7.6 -0.7 5610 0.1 1880 5
        209 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        365 11 In local curr In S$ In US$ dy yr dy yr dy yr Nov 24 Index Change Change Change Change Change Change World Preliminary 1303.5 -0.3 2.2 -0.6 5.6 -0.3 -1.0 EAFE Preliminary 1033.3 -0.7 4.7 -0.9 4.2 -0.6 -2.3 Europe Preliminary 1435.7 -1.0 3.9
        365 words
      • Article
        Lock icon SGX DERIVATIVES TRADING
        389 11 Nov 25 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Nov15 *****.00 *****.00 *****.50 *****.00 *****6 *****4 Dec15 *****.50 *****.50 *****.00 *****.50 *****5 *****0 NIKKEI 225 INDEX FUTURES Dec15 *****.00 *****.00 *****.00 *****.00 ***** *****8 Mar16 *****.00 *****.00 *****.00 *****.00 47 2968 MSCI TAIWAN
        389 words
    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 11 Nov 25 $S Offer Bid 0vernight 0.20 0.10 1-month 0.9375 0.8125 2-months 1.0 0.875 3-months 1.0625 0.9375 Overnight mode: 0.30 US$ Offer Bid 7 days 0.22 0.12 1 month 0.25 0.15 2 months 0.40 0.20 3 months 0.50 0.30 6 months 0.70 0.50 9 months 0.90 0.70 12
        154 words
      • Article
        Lock icon GOVERNMENT SECURITIES
        69 11 Nov 25 Nov 25 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.32 5-Year N*****0S 2.000 01-Jul-20 100.3 100.45 100.40 10-Year NX*****Z 2.375 01-Jun-25 98.9 98.90 98.90 15-Year NZ*****F 2.875 01-Sep-30 100.99 101.25 101.10 20-Year NZ*****V 3.375 01-Sep-33 107.6
        69 words
    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        193 11 Nov-24 Price Net change change Last Trade Agricultural Nov-24 CBOT Soybeans (US cents/bu) 863.75 -0.50 -0.06% 14/01/2016 CBOT Soybean Oil (US cents/lb) 28.31 0.40 1.43% 14/12/2015 CBOT Wheat (US cents/bu) 484.25 -10.75 -2.17% 14/12/2015 Nov-24 LIFFE Cocoa (£/tonne) 2284.00 23.00 1.02% 14/12/2015 LIFFE Coffee (US$/tonne) 1517.00 11.00 0.73%
        193 words
      • Article
        Lock icon PALM OIL
        57 11 NOV 25 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 15 2114.0 2093.0 2119.0 2086.0 567 3999 Jan 16 2222.0 2218.0 2227.0 2195.0 3387 ***** Feb 16 2278.0 2298.0 2307.0 2260.0 ***** ***** Mar 16 2322.0 2342.0
        57 words
    • Article
      Lock icon HK hedge fund seeks US$4b payout from Kyocera
      867 12 Oasis Management wants the Japanese electronics maker to sell its stake in KDDI and give half of the proceeds to shareholders BLOOMBERG Tokyo A HONG Kong hedge fund stepped up its pressure on Kyocera Corp, calling on the Japanese electronics maker to
      BLOOMBERG  -  867 words
    • Article
      Lock icon SGX MAINBOARD
      1853 13 Transaction date: Nov 25 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil 90 42 8Telecom vol AAT Day Div GrYld Net MCap High 153 131.5 AIMSAMP Cap Reit 135.5 +0.5 88 136 135 1 8.2 859.9 Company 175.5
      1,853 words
    • Article
      Lock icon SGX CATALIST
      347 13 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale vol ('000) 1 0.3 t Advanced Systems 0.5 +0.1 60 0.5 0.4 13.2 Day Low 25 4.5 t Alliance Mineral 10.9 +2.2 ***** 11 8.7 42.9 C'vr 0.9
      347 words
    • Article
      Lock icon SGX ETF
      104 13 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale vol 4258 2750 DBXT China50 US$ US3074 -14 8 3074 3062 8.5 High 446 226 DBXT MSBrazil US$ US271 24 271 271 1750 1151 DBXT MSCHINA US$ US1297
      104 words
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      926 8 Axcelasia ACCELERATING SUCCESS AXCELASIA INC. (Company Registration Number: LL*****) (Incorporated in Labuan on 21 August 2015) Placement of 47,520,000 Placement Shares comprising 35,520,000 New Shares and 12,000,000 Vendor Shares at SS0.25 for each Placement Share, payable in full on application Unless otherwise defined, all capitalised terms used in this announcement
      926 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      393 9 LEASING OPPORTUNITIES NEW Commercial Usage In addition to the existing usage, The Grandstand units are also available for: Independent Office Property showrooms Service Centre (Telco) Family Oriented Karaoke Eye/Ear/Dental Clinic Maid/Travel Agency Grandstand Largest Lifestyle Destination in Bukit Timah Pre-schools Children Enrichment F&B Retail Services Sporting Fitness Facilities CALL NOW!
      393 words
Page thumbnail Page 10
Page thumbnail Page 11
Page thumbnail Page 12
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      71 13 ON THIS OPPORTUNITY Reach out to investors and affluent readers in this Investor Information Page. Advertise at less than $5,800 per full colour ad (a special package for 4 leading newspaper titles The Straits Times, The Business Times, Lianhe Zaobao and The New Paper Sunday). Contact our Sales Team now!
      71 words
Page thumbnail Page 14
  • REAL ESTATE
    • Article, Illustration
      Lock icon GIC ‘underinvested’ in real estate, eyes deals in key gateway cities
      821 14  -  Emerging markets will also be important for its long-term strategy, says top executive By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore SINGAPORE sovereign wealth fund GIC on Wednesday said that it is “underinvested” in property. Real estate currently makes up 7
      PHOTO: BLOOMBERG  -  821 words
    • Article, Illustration
      Lock icon Existing Reit markets still have room to grow
      885 15  -  But tax and legislation remain the biggest hurdles to forming Reit regimes in nascent markets: analysts By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore WHILE it is good that several developing countries have been building up their nascent real estate investment trust (Reit) regimes,
      885 words
    • Article, Illustration
      Lock icon Chinese firms paying record sums for trophy office buildings in HK
      821 16 It’s a way for them to eliminate the risk of costly rent increases in the future: analysts BLOOMBERG Hong Kong AS analysts start turning bearish on Hong Kong home prices, the commercial property market is showing no signs of
      BLOOMBERG; PHOTO: AFP  -  821 words
    • Article
      Lock icon Househunt
      1307 16 Property transactions for districts 2 to 28 with contract dates between Oct 14 and Oct 20,2015 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$’000) PSF (S$) District 2 NON-LANDED Icon Apt 20/10/2015 99 560 1068 1908 The Arris Apt 15/10/2015 FH 990 1700
      1,307 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      505 14 FOR RENT at only $2.40 psf PRIME BUKIT MERAH 1KS5ST Size 4,510 Sqft Fully RENOVATED FITTED Airconditioned Partitioned Into Reception Area 1 MD Room 6 Direcor Rooms 1 Large Meeting Room 1 Small Meeting Room 2 General Work Areas 1 Pantry For more information, call 9631 6939 (Owner)Hcera investment EDUCATION
      505 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      51 14 Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings Balestier Road FOR SALE Foreigner Eligible Main Road, Corner 6-Sty Rear Extension Close to Health City Novena Freehold, GFA *****sf est. ELSEN ONG 9119 8187 www.ShophouseTrader.com CEA Reg No: R*****7J CEA Lic No:
      51 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      351 15 CBD FREEEHOLD COMMERCIAL BUILDING 15 HOE CHIANG ROAD TOWER FIFTEEN ;tual view from Tower Fifteen -5 IP> 29-storey commercial building in prime Tanjong Pagar Right opposite the future Cantonment MRT Station Prominent corner location commanding excellent road frontages Hotel angle advantage 3-storey hotel podium annexed to office tower Site area:
      351 words
Page thumbnail Page 16
Page thumbnail Page 17
  • BANKING & FINANCE
    • Article, Illustration
      Lock icon Chinese lenders scramble to strengthen their trading desks
      1046 17 Currency traders in demand as China opens capital markets, pushes for yuan’s inclusion in IMF’s SDR BLOOMBERG Shanghai FROM London to New York, currency traders are clearing their desks as business evaporates. In Shanghai, however, new positions stay unfilled for weeks and
      BLOOMBERG; PHOTO: BLOOMBERG  -  1,046 words
    • Article
      Lock icon Banks picked to lead Swedish bank Resurs’ flotation
      395 17 REUTERS Stockholm PRIVATE equity firm Nordic Capital has picked banks to lead a stock market listing of Swedish banking and insurance group Resurs Holding, planned for the first half of 2016, sources familiar with the matter said. Based on the valuations of
      REUTERS  -  395 words
    • Article
      Lock icon US regulator files lawsuit against ex-Goldman staff for insider trading
      302 17 REUTERS New York A FORMER Goldman Sachs Group Inc employee was accused by US securities regulators on Tuesday of repeatedly engaging in insider trading based on information about deals involving the bank’s clients. Yue Han, who worked in Goldman’s compliance
      REUTERS  -  302 words
    • Article, Illustration
      Lock icon UK banks step up pace of mortgage approvals: BBA
      344 17 REUTERS London BRITISH banks approved more mortgages in October than a month before, taking the annual growth rate to the highest since April 2014, while personal lending expanded by the largest amount since March. Banks approved 45,437 mortgages for house purchase
      REUTERS; PHOTO: BLOOMBERG  -  344 words
    • Article
      Lock icon The Fed is overhauling standards for large-bank examiners
      718 17 This follows criticism by lawmakers that the agency has been captured by the Wall Street firms it supervises WP Washington THE Federal Reserve said it’s setting tougher standards for examiners of the biggest US banks, following criticism by lawmakers that the agency
      WP  -  718 words
Page thumbnail Page 18
  • Page 18 Advertisements
Page thumbnail Page 19
  • ENERGY & COMMODITIES
    • Article
      Lock icon Global group wins A$10.3b bid for Australia power assets
      713 19 Successful bidders for TransGrid beat rival offers from companies including State Grid Corp of China BLOOMBERG Sydney INVESTORS from Canada and the Middle East are part of a group that agreed to pay about A$10.3 billion (S$10.5 billion) for an electricity
      BLOOMBERG  -  713 words
    • Article, Illustration
      Lock icon Chile faces copper smelting dilemma
      551 19 BLOOMBERG Santiago THE top copper-producing nation is facing one of its most important decisions in decades: invest billions to overhaul antiquated smelters or close them down and ship more unrefined material to Asia or Europe. Chile, which supplies a third of the world’s copper, has
      BLOOMBERG; PHOTO: REUTERS  -  551 words
    • Article
      Lock icon China oil giants seek asset sales to meet annual growth targets
      504 19 BLOOMBERG Hong Kong CHINA’S biggest energy companies are seeking to unload assets and urging workers to cut costs in a last-minute rush to meet annual government-set growth targets as lower crude prices drag down earnings. China Petrochemical Corp faces
      BLOOMBERG  -  504 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      739 19 NOTICES EZRA HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****1411N NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Ezra Holdings Limited (the “Company”) will be held at Klapsons, The Boutique Hotel-eighteen, 1 2 Level 18, 15 Hoe Chiang Road,
      739 words
Page thumbnail Page 20
  • TECHNOLOGY
    • Article
      Lock icon HP Q1 profit forecast falls short amid PC slump
      848 20 Whitman looking for ways to return to growth as corporations cool down on traditional technology gear and shift to cloud-based services and mobile devices BLOOMBERG San Francisco HP Inc has forecast first-quarter profit that may miss analysts’ estimates as personal-computer and
      BLOOMBERG  -  848 words
    • Article, Illustration
      Lock icon Security firms warn of complex malware stealing card data
      665 20 WP Washington JUST as millions of Americans are steeling themselves for the holiday shopping season, cybersecurity researchers are warning about a stealthy malware aimed at stealing credit card and debit card numbers from retailers. Cybersecurity firm iSight Partners on Tuesday revealed
      WP; PHOTO: BLOOMBERG  -  665 words
    • Article
      Lock icon Hilton hotels probing breach after cyber attack
      192 20 AFP San Francisco US hotel chain Hilton revealed on Tuesday that hackers infected some of its point-of-sale computer systems with malware crafted to steal credit card information. Hilton would not disclose whether data was taken, but advised anyone who used payment cards at
      AFP  -  192 words
    • Article, Illustration
      Lock icon Telegram, the messaging app ISIS used, shrouded in secrecy
      1023 20 WP Washington AN encrypted communications app called Telegram has been in the news a lot this week, amid fears that the Islamic State has adopted it as its preferred platform for messaging. On Nov 18, Telegram reportedly banned 78 ISIS-related channels,
      WP  -  1,023 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      82 20 I said the light that has guided us all these years has been extinguished. But that is not quite so. For Mr Lee’s principles and ideals continue to invigorate this government and guide our people. His life will inspire Singaporeans, and others, for generations to come. Lee Hsien Loong, Singapore
      82 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 2
      21 20 MODI IN SINGAPORE Indian PM concludes fruitful visit WHEN IT COMES TO ADOPTION, INDIAN COUPLES PREFER GIRLS GET YOUR COPY TOMORROW
      21 words
Page thumbnail Page 21
Page thumbnail Page 22
  • BUSINESS CHINA AWARDS 2015
    • Article, Illustration
      Lock icon Celebrating 25 years of Singapore-China diplomatic ties
      1494 22  -  he growing partnership will open up more opportunities for mutual benefit and strengthen coordination on regional and global issues. BY SUN XUELING T The writer is CEO, Business China THE year 2015 is of special significance as Singapore celebrates 50 years of independence
      PHOTO: REUTERS  -  1,494 words
    • Article, Illustration
      Lock icon A learning journey
      465 22  -  As the overseer of China’s state-owned enterprises, Li Rongrong facilitated many exchanges between Singapore and China. BY FRANCIS KAN WINNER BUSINESS CHINA EXCELLENCE AWARD China.BY FRANCIS KAN WHEN Li Rongrong visited Singapore with then Premier Zhu Rongji in 1999, he was inspired by the Republic’s model of
      465 words
    • Article, Illustration
      Lock icon Strengthening ties through music
      934 24  -  Musician Tanya Chua has contributed to Sino-Singapore relations through her high profile in the Chinese pop scene. BY CLARA CHOW WINNER BUSINESS CHINA YOUNG ACHIEVER AWARD BY CLARA CHOW STUCK in traffic in Beijing, Singaporean singer-songwriter Tanya Chua is mulling over a sweet business idea. Chauffeured
      934 words
    • Article, Illustration
      Lock icon Building bridges through business
      517 24  -  Through its various businesses, Keppel Corporation has established strong relationships with partners in China. BY FRANCIS KAN WINNER BUSINESS CHINA ENTERPRISE AWARD China.BY FRANCIS KAN OVER the years, Keppel Corporation has contributed to strengthening ties between Singapore and China through its various businesses on the mainland.
      PHOTO: KEPPEL CORP  -  517 words
    • Article
      Lock icon Financing China’s Asian ambitions
      449 24  -  OCBC aims to position itself as a trusted partner to Chinese enterprises Venturing abroad. BY FRANCIS KAN AS more Chinese companies look beyond their shores for growth, OCBC aims to be the conduit through which these enterprises connect with customers in South-east Asia. The Singapore-based bank
      449 words
Page thumbnail Page 23
Page thumbnail Page 24
Page thumbnail Page 25
Page thumbnail Page 26
  • GOVERNMENT & ECONOMY
    • Article
      Lock icon Consumer spending points to moderate Q4 growth
      503 26 Households take advantage of rising incomes to boost savings to highest level in nearly three years LATEST US DATA REUTERS Washington US consumer spending barely rose in October as households took advantage of rising incomes to boost savings to their highest level in
      REUTERS  -  503 words
    • Article
      Lock icon ECB warns of Asia risks rising as Fed liftoff tests stability
      679 26 Central bank raises its risk-assessment level for global financial-market instability to “medium” BLOOMBERG Frankfurt THE European Central Bank (ECB) warned of a rapid repricing of global risk premium, focused on emerging markets, especially if the US Federal Reserve increases
      BLOOMBERG  -  679 words
    • Article, Illustration
      Lock icon Indonesian Vice-President challenges central bank to reduce interest rates
      447 26 BLOOMBERG Jakarta INDONESIAN Vice-President Jusuf Kalla has challenged the country’s central bank in person to stop using the US Federal Reserve as an excuse not to cut interest rates, which he said are too high and impeding investment. Indonesia has higher
      BLOOMBERG  -  447 words
    • Article
      Lock icon Japan’s negative yields drawing record global investment
      629 26 BLOOMBERG Tokyo WHY would global investors buy Japanese government bonds (JGBs) with negative yields when US Treasuries offer the highest premium since 2010? The answer lies in swap markets. The yield on two-year JGBs dropped to minus 0.03 per cent on Nov 20
      BLOOMBERG  -  629 words
    • Article, Illustration
      Lock icon Thailand’s car exports set to hit record, shift economy into higher gear
      517 26 REUTERS Bangkok THAILAND’S car exports are set to hit a record this year, good news for an industry bogged down by weak domestic demand and an economy struggling to recover after 18 months of military rule. The government
      REUTERS; PHOTO: BLOOMBERG  -  517 words
    • Article, Illustration
      Lock icon China economy not responding to monetary, fiscal easing
      641 27 A privately compiled PMI deteriorates in November, a sentiment indicator falls sharply from October BLOOMBERG Beijing CHINA’S economy is still showing a muted response to waves of monetary and fiscal easing as at the halfway mark for the last quarter of the
      BLOOMBERG; PHOTO: BLOOMBERG  -  641 words
    • Article
      Lock icon Fed officials sketching out post-liftoff debate
      832 27 REUTERS New York FEDERAL Reserve officials, who are expected to raise interest rates next month, are already sketching out positions for a post-liftoff debate that may blur the lines between inflation “hawks” and “doves” and make the Fed’s policy less predictable. With unemployment steadily
      REUTERS  -  832 words
    • Article
      Lock icon No respite for South Korea’s corporate bond issuers
      300 27 REUTERS Seoul SOARING bond yields in defiance of two Bank of Korea interest rate cuts earlier this year have dashed any hope of the country’s corporate bond market being a source of cheaper financing, just as companies are in desperate need of
      REUTERS  -  300 words
    • Article
      Lock icon China to pledge more aid to Africa ahead of Xi’s trip
      417 27 REUTERS Beijing CHINA is set to announce new aid to African nations when President Xi Jinping visits Zimbabwe and South Africa next month, a senior Chinese official said on Wednesday. The trip is likely to boost China’s relations with
      REUTERS  -  417 words
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      48 26 HOT PROPERTY CONCOURSE SKYSUITE #27 5rm 4446sf 2-level 2dr pool jacuzzi sauna CARIBBEAN KEPPEL Bay. Penthse with roof terr 4rms 3208 sqft. Sea view. Pte lift F/facilities. Near Vivo/ MRT, mins to city. APARTMENTS FOR RENT! Check out these properties and more in The Straits Times Classified now!
      48 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      19 27 WHEEL DEAL Theesmartermrway to sell your car s a y ca Call 6319 8889 or visit www.wheeldeal.com.sg for details
      19 words
    • Advertisement
      Lock icon Page 27 Advertisements Column 2
      43 27 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements Capitalize opportunities in the market using CFDs regardless of bull or bear market Open a new CFD trading account and enjoy 50% commission rebate* *Terms and conditions apply
      43 words
Page thumbnail Page 28
  • CHILDREN FOR CHILDREN 2015
    • Article, Illustration
      Lock icon Never too young to make a difference
      825 28  -  By Avanti Nim avantin@sph.com.sg EXCITED shouts and peals of laughter filled the air at Resorts World Sentosa on Nov 17, when 700 under-privi-leged children revelled in a day spent at the Universal Studios theme park and enjoyed performances mounted by pupils of CHIJ
      PHOTOS: LAURA NG, THE RICE COMPANY  -  825 words
Page thumbnail Page 29
  • TRANSPORT
    • Article
      Lock icon Over 1,000 firms to take part in 2016 Singapore Airshow
      455 29  -  More than 90% of exhibition space has been snapped up, mainly by returning exhibitors and industry powerhouses By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore THE Singapore Airshow returns in 2016 for its fifth edition from Feb 16-21, with over 1,000 participating
      455 words
    • Article, Illustration
      Lock icon United Continental, Delta bet on long oil slump
      888 29 BLOOMBERG Calgary TWO of the world’s biggest airlines are betting that oil prices won’t rally any time soon, growing more cautious after losing hundreds of millions of dollars on hedges. United Continental Holdings Inc and Delta Air Lines Inc have reduced fuel
      BLOOMBERG; PHOTO: BLOOMBERG  -  888 words
    • Article
      Lock icon Upgraded A320 gets nod from US, European regulators
      295 29 REUTERS Paris AIRBUS said on Tuesday that it had won certification for the A320neo, paving the way for the first delivery of a revamped, best-selling jet that has shored up its joint domination of the global jet market with Boeing and galvanised
      REUTERS  -  295 words
    • Article, Illustration
      Lock icon Rolls-Royce boss says no to break-up
      567 29 BLOOMBERG London ROLLS-Royce Holdings plc Chief Executive Officer Warren East said a review begun when he took over in July has concluded that the engine maker is better off retaining its current focus, resisting investor calls for a break-up and rejecting arguments for re-entering
      BLOOMBERG; PHOTO: BLOOMBERG  -  567 words
    • Article
      Lock icon VW under probe for tax evasion from emissions cheating
      917 29 NYT Frankfurt GERMAN prosecutors have opened another investigation into Volkswagen, this one focusing on whether the company broke local tax laws by making false claims about its vehicles’ carbon dioxide emissions. In addition, there were signs on Tuesday that allegations of
      NYT  -  917 words
    • Article
      Lock icon SHIPPING TIMES
      570 32 Vessel Voy Sin Pusan Tarawa Honiara Santo Port Vila Noumea Lautoka Suva Nukualofa Apia Pago Pago Papeete Lae P. Moresby Townsville APL Columbus V010E 23 May 06 Jun 22 Jun 26 Jun 29 Jun 01 Jul 03 Jul 06 Jul 08 Jul 10 Jul 10 Jul 15 Jul
      570 words
Page thumbnail Page 30
  • OPINION
    • Article
      Lock icon Summit in Paris presents best chance yet of climate change deal
      677 30 EDITORIAL NEXT Monday, Paris will once again be the focus of the world’s attention. A little over a fortnight after the French capital was the target of simultaneous terror attacks that left 129 people dead, the city will play
      677 words
    • Article, Illustration
      Lock icon China’s growing power still a key issue in region
      832 30  -  THE BOTTOM LINE By Frank Ching T The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 BARACK Obama, who has dubbed himself “America’s first Pacific President”, made his sixth trip to the region last week to
      832 words
    • Article, Illustration
      Lock icon Getting to the heart of the energy debate
      1442 30  -  Paris summit will seek to balance rising energy demand with longer-term environmental impact. BY GERAINT HUGHES impact.BY GERAINT HUGHES The writer is the managing partner of Clifford Chance in Singapore and has advised on transactions in the energy sector for over 25
      PHOTO: REUTERS  -  1,442 words
    • Article
      Lock icon Motivating households to reduce electricity consumption
      978 31  -  COMMENTARY By Allan Loi Tian Sheng, Loo Soh Leng TThe writers are from the Energy Studies Institute, National University of Singapore AT THE upcoming COP21 (Conference of the Parties) United Nations Climate Conference in Paris in December, Singapore will pledge to reduce its emissions
      978 words
    • Article
      Lock icon German economic growth depends on a weak euro
      682 31  -  COMMENTARY By Marcello Minenna, Edoardo Reviglio T Marcello Minenna is adjunct professor at the Finance Department, Bocconi University, Milan. Edoardo Reviglio is adjunct professor at the Department of Business and Management, luiss Guido Carli, Rome. This commentary was sourced from the Official
      682 words
    • Article, Illustration
      Lock icon Why financial incentives fall short in driving employees
      1224 31  -  Beware the tenuous link between monetary inducements, motivation, and performance.BY performance.BY SANJEEV NANAVATI T The writer is a senior adviser to a global management consulting firm (Asian banking practice), a Big Four accounting firm, and to the chairman of a publicly listed
      PHOTO: AFP  -  1,224 words
Page thumbnail Page 31
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      239 32 PLACE YOUR AD HERE THE BUSINESS TIMES SHIPPING TIMES CALL JOB WONG AT 9620 132 ~I urgently needed b>y shippers Can they find your services here in -the Shipping Times'? Tl II’. BUSINESS XIMIVS S PING TIMES Publicise Your Del iver y Of Newbuilds ASL Marine -vuriv qav .\i7^V /un
      239 words
Page thumbnail Page 33
  • LIFE & CULTURE
    • Article, Illustration
      Lock icon Powered by technology, smart toys are us
      1271 33 The big add-on this year isn’t accessories, it’s personality, and as interactive toys get more life-like, privacy issues arise WP Washington LOOKING for this holiday season’s it-toy? Then it’s time to get smart. That may not be as simple as it sounds, considering
      WP; PHOTO: LIM SIN THAI/ THE STRAITS TIMES  -  1,271 words
    • Article, Illustration
      Lock icon Qatar to vote on family-only days at major shopping malls
      742 33 AFP Doha QATAR’S only directly elected body is to vote on introducing family-only days at major shopping malls in a move dubbed a “bachelor ban” that is likely to restrict access for foreign labourers. What sounds like an innocuous idea
      AFP; PHOTO: AFP  -  742 words
  • Page 33 Miscellaneous
    • Miscellaneous
      Lock icon Page 33 Miscellaneous Column 1
      370 33 CRYPTIC CROSSWORD Across 1 Some French couple in a hopeless state (7) 5 Spice Girl embraced by part of UK and a foreign country (7) 9 Sign exasperated expression will return in tight outfit (7) 10 Second occupant of tent in brisk run (7) 11 Very famous general abroad seen
      370 words
Page thumbnail Page 34