The Business Times, 4 December 2015

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Microfilm: NL33709
Total Pages: 67
1 37 The Business Times
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  • Title Section
    Lock icon Masthead
    33 1 THE BUSINESS TIMES 2015 SOCIETY OF NEWS DESIGN EXCELLENCE AWARD■BEST IN OVERALL REDESIGN■ S$1.00 q:h A SINGAPORE PRESS HOLDINGS PUBLICATION wvvw.businesstimes.com.sg [1 @BTBreakingnews CO REGN NO ’l*****868E MCI (P) 039/08/2015 Friday, December 4,2015
    33 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    228 1 The adb has slightly upgraded its forecast for economic growth in China this year, defying what has become a rather gloomy consensus among economists about prospects for growth in the world’s second largest economy.TOP STORIES 2 Even as Singapore’s manufacturing sector remains in contraction mode, latest survey data
    228 words
  • Article
    Lock icon MARKETS
    29 1 MARKETS Thursday Change STI 2,883.89 +0.25 KL COMP 1,673.92 -2.85 NIKKEI 225 19,939.90 +1.77 HANG SENG 22,417.01 -62.68 SHENZHEN B 1,234.32 +12.22 DOW (9.30 EST) 17, 778.25 +48.57
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  • Article, Illustration
    Lock icon SIA eyes additional direct services to Us to woo premium passengers
    998 1  -  It has ordered ultra-long-range jets to fly to three US cities for a start, but its chief says the group won’t stop there if these services take off By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore SINGAPORE Airlines (SIA) could order
    PHOTO LAURA NG  -  998 words
  • Article
    Lock icon Few surprises expected for H1 state land sales
    1390 1  -  Market conditions largely unchanged since last government land sales programme By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore PROPERTY consultants are generally not expecting any major surprises for the upcoming Government Land Sales (GLS) Programme for private housing and commercial land for the first
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  • TOP STORIES
    • Article, Illustration
      Lock icon ADB’s upgraded outlook for China defies consensus
      577 2  -  The bank forecasts economic growth of 6.9% in 2015, cites strong private consumption and services growth By Anthony Rowley btworld@sph.com.sg Tokyo THE Asian Development Bank (ADB) on Thursday upgraded slightly its forecast for economic growth in China this year, defying what has become
      PHOTO: REUTERS  -  577 words
    • Article, Illustration
      Lock icon S’pore private sector gets export order boost
      457 2  -  Nikkei’s November PMI reading rises to 52.2 in the biggest jump in 2 1 2 years By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore EVEN as Singapore’s manufacturing sector remained in contraction mode, latest survey data show how improved external demand caused orders to pick
      Source: NIkkei, Markit  -  457 words
    • Article, Illustration
      Lock icon Jurong Port to build liquid-bulk terminal
      499 4  -  It will partner German firm Oiltanking in this as it diversifies into oil and chemical storage By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore JURONG Port is diversifying into oil and chemical storage, and has entered into a joint venture with German firm Oiltanking to build
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    • Article
      Lock icon Oil rises on report of Saudi plan to balance market
      403 4 REUTERS London OIL prices rose from near-2015 lows on Thursday after a report sourced to a senior Organization of the Petroleum Exporting Countries (Opec) delegate said Saudi Arabia would propose a deal to balance oil markets with non-Opec help next
      REUTERS  -  403 words
    • Article
      Lock icon IMF highlights downside to prolonged low prices of oil and other fuels
      727 4  -  It says that this would deter innovation and slow adoption of clean energy By Anthony Rowley btworld@sph.com.sg Tokyo PRICES of oil and other fossil fuels are likely to stay low for a long time, and while this might
      727 words
    • Article
      Lock icon Yellen gives clearest signals of rate hike
      466 4 BLOOMBERG Washington FEDERAL Reserve chair Janet Yellen said on Wednesday that economic conditions were ripe for the Fed to start raising its benchmark interest rate this month, a move that appears all but inevitable. She said that she is confident in the outlook
      BLOOMBERG  -  466 words
    • Article, Illustration
      Lock icon Sega raises its game with Singapore move
      752 5  -  It is investing in goGame, a self-publishing portal that helps developers publish games faster at lower cost By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore JAPANESE game developer Sega is making its first foray into the South-east Asian games publishing industry by investing several millions
      PHOTO: LAURA NG  -  752 words
    • Article
      Lock icon Local trader in spice and nuts runs into problems
      296 5  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore A LOCAL spice-and-nut trading firm, having allegedly had trouble collecting payment from Middle Eastern customers, has been placed in provisional liquidation. The business of Pars Ram Brothers was handed over to provisional liquidators from Deloitte
      296 words
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      Lock icon Page 2 Advertisements Column 1
      100 2 4 W 9 > t, y? fh V K 4 -isj ■u ■4; r ££> :n m ft ft m fa. «r> O r C** ■Nft A ft CP 35 c fS- w B rT> if. t *-S H s ms y f( SS I LVSiCftv N -.*v w w
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      345 6 IMPROVE YOUR GAME WITH THE BUSINESS TIMES businesstimes.com.sg 3 4 v r vr M V < 4 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 S2 (9.7") 4G+. Receive the
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  • COMPANIES & MARKETS
    • Article
      Lock icon SGX MTP extension a timely move
      621 7  -  HOCK LOCK SIEW BY R SIVANITHY THE Singapore Exchange (SGX) has wisely decided to extend its Minimum Trading Price (MTP) review date by six months to Sept 1,2016, for companies that consolidate their shares to comply with MTP before March 1, 2016. This was
      621 words
    • Article, Illustration
      Lock icon Source: Bloomberg
      2 7
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    • Article
      Lock icon Rigbuilders close trading at six-year lows
      770 7  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore SHARES in Singapore rigbuilders Sembcorp Marine and Keppel Corp closed trading on Thursday at multi-year lows as the market digested further oil price declines in addition to uncertainty over contract deliveries. The latest piece of bad news comes
      770 words
    • Article
      Lock icon SGX offers 6-month extension to meet minimum trading price
      748 7  -  Move comes amid 15.5% drop in the FTSE ST All-share index in the six months to Nov By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore MAINBOARD-LISTED companies that consolidate their shares before March 1, 2016, will have another six months to meet the
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    • Article, Illustration
      Lock icon STI stays flat ahead of ECB meeting
      658 8  -  UOB Kay Hian in its 2016 outlook suggests investors should buy on pull-backs STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT A LARGE afternoon bounce in the Dow futures and a firm opening in Europe ahead of a key European Central Bank (ECB) policy meeting
      Source: Bloomberg  -  658 words
    • Article
      Lock icon STI STOCKS
      305 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 241 -1 242/239 271 213 6.1 6102.7 CapitaLand 322 +4 323/313 379 267 11.8 2.8 *****.8 CapitaMall Trust 194.5 -1 195.5/193 228 184.5 5.6 6759.4 CityDev 719 -1 721/715 1095 715 8.6
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    • Article
      Lock icon MOST ACTIVE
      35 8 VOLUME Alliance Mineral 75,506,900 SunMoon Food 63,680,400 Sincap 56,118,500 Rowsley 53,881,400 Trendlines 30,865,200 Market volume 1,178,016,000 VALUE DBS Grp 60,679,036 Singtel 55,117,124 OCBC Bank 53,080,277 Keppel Corp 49,108,511 CapitaLand 48,886,041 Market value 936,217,000
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    • Article
      Lock icon SGX ETFs
      112 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS Asia BND US US1036 xd +2 1208 1049/1036 1096/1019 -/1050 IS MS INDIA US$ US668 513 669/663 1000/648 665/668 83.5 DBXT MSBrazil US$ US249 -10 240 249/246 409/226 249/250 DBXT MSBANGL US$ US100.9 +0.2 210
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Dec 3 VALUE CLOSE BT OB/OS -309.00 -129.00 BT CADI -*****.00 -26.00 BT 10-day MA -*****.00 -31.00 FTSE ST Mid Cap 677.96 -0.71 FTSE ST Small Cap 405.89 -1.31 FTSE ST All Share 697.65 -0.21 FTSE ST China Top 173.11 +0.64 FTSE ST China 210.22 +1.47 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 8 STI FTSE ST All-Share ftse ST All-Share index Dec 3,2015 697.65 -0.21 (-0.03%) Current streak 1 day Day high 698.37 Day low 692.52 52-week high 847.98 (Apr 15, 2015) 52-week low 676.13 (Sept 29, 2015)
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    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 8 STI MSCI EAFE MSCI EAFE index Dec 2,2015 1,748.11 -5.75 (-0.33%) Current streak 1 day Day high 1,759.98 Day low 1,744.84 52-week high 1,949.49 (May 15, 2015) 52-week low 1,609.50 (Sept 29, 2015)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 6 3 1 0 0 3 6 3 Manufacturing 36 43 32 8 8 10 44 51 42 Commerce 16 21 11 7 4 4 23 25 15 Tpt/Stor/Comms 15 13 5
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      125 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 24,469 30,865 55,334 98,806 11,242 110,048 Manufacturing 73,303 31,973 105,276 77,098 4,270 81,369 Commerce 107,891 17,815 125,706 70,996 991 71,987 Tpt/Stor/Comms 76,486 8,379 84,865 136,213 740 136,953 Finance 24,075 28 24,103 172,446 3 172,449 Construction
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    • Article
      Lock icon GAINERS
      76 8 BY CENTS CLOSE UP 52w high/low Jardine C&C 3588 208.0 6.2 4269.7/2636 DBXT CSI300 US$ 979 70.5 5.4 1471/785 Lyxor ChinaH US$ 1396 38.1 2.0 2055/1250 DBXT S&PShort US$ 2103 24.0 0.8 2393/2086 Lyxor Asia US$ 448 12.7 2.1 557/419 BY PERCENTAGE CLOSE UP 52w high/low S Chance Prop
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    • Article
      Lock icon LOSERS
      76 8 BY CENTS CLOSE DOWN 52w high/low DBXT Nifty50 US$ ***** -277.7 -1.6 *****/***** GLD US$ ***** -239.6 -1.7 *****/***** SPDR DJIA US$ ***** -166.3 -0.7 *****/***** SPDR S&P500 US$ ***** -87.4 -0.3 *****/***** DBXT E50 US$ 4743 -76.1 -1.1 5300/4350 BY PERCENTAGE CLOSE DOWN 52w high/low SGX MB ePW*****5
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    • Article
      Lock icon UNUSUAL ACTIVITY
      82 8 VOL CLOSE($) CHANGE PTR ADR US$ 0.01 71.000 -33.340 -31.95 Allied Tech 1,100.0 0.008 -0.003 -27.27 SunMoonFood 63,680.4 0.084 +0.025 +42.37 Heatec Jietong 202.0 0.067 -0.021 -23.86 Terratech 4,731.1 0.025 -0.010 -28.57 M Development 2,500.2 0.003 -0.001 -25.00 Ziwo 221.4 0.030 -0.009 -23.08 Sincap 56,118.5 0.074 +0.013 +21.31
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    • Article
      Lock icon BROKERS’ TAKE
      442 8  -  Compiled by Kenneth Lim Japfa BUY Dec 3 close: S$0.50 Target price: S$0.90 DBS Research, Dec 3 RECENT spike in day-old-chick (DOC) prices, currently hover above 6,000 rupiah (61 Singapore cents) per chick significantly higher than Japfa’s Q3 FY15 DOC average selling price (ASP) of 4,400 rupiah per
      442 words
    • Article
      Lock icon CALENDAR
      7 8 DATA I 9.30pm US unemployment rate
      7 words
    • Article
      Lock icon Euro jumps as scale of ECB’s deposit-rate cut disappoints bears
      372 9 CURRENCIES BLOOMBERG London THE euro climbed the most in seven weeks against the dollar after the European Central Bank cut the deposit rate to minus 0.3 per cent, disappointing some market predictions of a deeper reduction. Attention now turns to
      BLOOMBERG  -  372 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 9
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 9 Dec 3 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.976 4.685 0.692 5.676 48.822 101.394 0.904 8.527 3.098 1.100 77.263 34.523 1.033 10.512 0.748 24.020 26.277 0.490 0.732 Canada 1.025 4.802
        471 words
      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 9
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      • Article, Illustration
        Lock icon NIKKEI
        1 9
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      • Article, Illustration
        Lock icon DOW JONES
        2 9
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 9 Dec 3 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0318 1.0333 0.7321 0.7326 Canadian dollar 1.0579 1.0590 0.7509 0.7506 Euro 1.4917 1.4929 1.0584 1.0585 NZ dollar 0.9382 0.9396 0.6657 0.6662 Sterling pound 2.1044 2.1060 1.4931 1.4932
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 9 Dec 3 S$ Bid Offer 1-month 1.4107 1.4119 2-months 1.4121 1.4134 3-months 1.4134 1.4147 6-months 1.4164 1.4179 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        383 9 Dec 3 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Dec15 *****.50 *****.50 *****.00 *****.50 *****1 *****9 Jan16 *****.50 *****.00 *****.50 *****.00 1480 2501 NIKKEI 225 INDEX FUTURES Dec15 *****.00 *****.00 *****.00 *****.00 ***** *****0 Mar16 *****.00 *****.00 *****.00 *****.00 3583 5543 MSCI TAIWAN
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        205 9 Most active Dec 3 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Rowsley Ltd W*****3 3.2 0.4 ***** 1 18 10 Ntegrator Intl Ltd W*****3 0.4 unch ***** 1 1 3.50 35 Asia-Pacific Strategic W*****9 0.1 unch 6950 1
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        365 9 In local curr In S$ In US$ dy yr dy yr dy yr Dec 2 Index Change Change Change Change Change Change World Preliminary 1315.1 -0.2 3.1 -0.1 6.2 -0.4 -0.3 EAFE Preliminary 1047.7 0.0 6.2 -0.1 5.0 -0.3 -1.5 Europe Preliminary 1467.9 0.0 6.2
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 9 Dec 3 $S Offer Bid 0vernight 0.10 0.05 1-month 0.9375 0.8125 2-months 1.0 0.875 3-months 1.0625 0.9375 Overnight mode: 0.30 US$ Offer Bid 7 days 0.20 0.10 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.35 6 months 0.80 0.60 9 months 1.00 0.80 12
        154 words
      • Article
        Lock icon GOVERNMENT SECURITIES
        63 9 Dec 3 Dec 3 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.38 100.38 100.38 5-Year N*****0S 2.000 01-Jul-20 100.12 10-Year NX*****Z 2.375 01-Jun-25 98.95 15-Year NZ*****F 2.875 01-Sep-30 101.22 101.30 101.30 20-Year NZ*****V 3.375 01-Sep-33 107.63 30-Year NA*****N
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        192 9 Dec-2 Price Net change change Last Trade Agricultural Dec-2 CBOT Soybeans (US cents/bu) 892.25 3.00 0.34% 14/01/2016 CBOT Soybean Oil (US cents/lb) 30.27 0.49 1.65% 14/12/2015 CBOT Wheat (US cents/bu) 452.25 -4.25 -0.93% 14/12/2015 Dec-2 LIFFE Cocoa (£/tonne) 2269.00 18.00 0.80% 14/12/2015 LIFFE Coffee (US$/tonne) 1481.00 1481.00 #DIV/0!30/11/2015
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      • Article
        Lock icon PALM OIL
        57 9 Dec 3 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 15 2180.0 2186.0 2191.0 2180.0 62 2965 Jan 16 2265.0 2289.0 2290.0 2259.0 2569 ***** Feb 16 2344.0 2364.0 2365.0 2334.0 ***** ***** Mar 16 2396.0 2411.0
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    • Article, Illustration
      Lock icon SunMoon Food surges 42.4%
      260 10  -  High buying volume prompts SGX to issue a “Trade with Caution” warning on the counter HOT STOCK By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore PENNY stock SunMoon Food surged 42.37 per cent, or 2.5 Singapore cents, on the local bourse on Thursday to end trading at 8.4
      Source: Bloomberg  -  260 words
    • Article, Illustration
      Lock icon Share buybacks ease in November
      352 10  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore SINGAPORE-LISTED companies bought back their own shares at a slower pace in November, although year-to-date buybacks are more than double the whole of 2014 with one month left to go in 2015. Issuers repurchased S$45 million of their own
      Source: SGX  -  352 words
    • Article
      Lock icon Musashi, Bharat Forge mull bids for Amtek unit
      523 10 BLOOMBERG Mumbai MUSASHI Seimitsu Industry Co and Bharat Forge Ltd are among companies weighing bids for the German unit of cash-strapped car-parts maker Amtek Auto Ltd, people familiar with the matter said. The New Delhi-based component supplier is seeking a valuation of
      BLOOMBERG  -  523 words
    • Article
      Lock icon AB InBev to explore sale of SABMiller’s Europe premium beers
      327 10 BLOOMBERG London ANHEUSER-BUSCH InBev NV said it will explore the sale of SABMiller plc’s European premium beer brands including Peroni and Grolsch to smooth the way for the £73.5 billion (S$ 154.9 billion) takeover of its main rival. Meantime Brewing
      BLOOMBERG  -  327 words
    • Article
      Lock icon SMRT, A*Star in tie-up to boost transport reliability
      450 10  -  By Angela Tan angelat@sph.com.sg Singapore SMRT Corporation will partner the Agency for Science, Technology and Research (A*Star) to develop technologies to improve Singapore’s transport network reliability and performance. Plagued by nagging train disruptions and a hefty fine by the Land Transport Authority
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    • CORPORATE DIGEST
      • Article
        Lock icon TTJ Holdings
        71 10 TTJ Holdings has bagged new public sector and industrial contracts worth S$16 million, bringing its current order book to S$146 million, the structural steel fabricator announced on Thursday after the market closed. The new contracts are expected to be delivered between the 2016 and 2018 fiscal years, and
        71 words
      • Article
        Lock icon New Wave Holdings
        123 10 NEW Wave Holdings plans to place out up to 150 million new shares at 0.92 Singapore cent apiece to raise up to S$1.38 million, the aluminium products distributor announced on Thursday after the market closed. The placement shares represent 10.3 per cent of the company’s existing issued
        123 words
      • Article
        Lock icon Healthway Medical Corp
        102 10 CLINIC operator Healthway Medical Corp fell into a S$3 million, or 0.13 Singapore cent per share, net loss for the three months ended September. The company earned S$10.7 million in the same period a year earlier. Other operating income fell 78.3 per cent to S$2.6 million because
        102 words
      • Article
        Lock icon Sapphire Corp
        51 10 MINING and infrastructure engineering company Sapphire Corp has entered into a three-year memorandum of understanding with CPG Corp to jointly explore infrastructure development projects in China and other Asian emerging markets. Sapphire will be pursuing the projects through its recently acquired China-based subsidiary, Ranken, which specialises in rail
        51 words
    • Article
      Lock icon SGX MAINBOARD
      1838 11 Transaction date: Dec 3 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil 90 42 8Telecom Last Sale AAT vol ('000) High Day Low Div 153 131.5 AIMSAMP Cap Reit GrYld 175.5 118 ARA Asset Mgmt 120 unch 241
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    • Article
      Lock icon SGX CATALIST
      339 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale vol 4 2.2 t Acesian Partners High Day Low Div 25 4.5 t Alliance Mineral 15.2 +0.5 ***** 16.2 14.7 59.9 GrYld 10.1 4.3 t Artivision Tech P/E
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    • Article
      Lock icon SGX ETF
      123 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 1048 700 CIMBASEAN40 US$ US803 -14 0 803 803 125.9 4258 2750 DBXT China50 US$ US3033 -12 6 3047 3031 8.3 135.3 106.2 DBXT MS SING US$ US107.3
      123 words
  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      73 7 Solar Energy Investment With expansion of solar energy developments in Singapore, the ever essential support services in maintenance and solar equipments are required. Solar Factory Outlet Pte Ltd, the largest solar retailer in Singapore and a start-up company, is poised to provide support services, such as system maintenance and spare
      73 words
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      Lock icon Page 7 Advertisements Column 2
      90 7 SALE Up to 40% Store wide KCROOM jrr .1 m 1 Showcasing an exclusive range of premium kitchen appliances and kitchen accessories, KCROOM offers a total solution to all your kitchen requirements. Visit us for the best kitchen appliances and kitchen accessories for your home. [SUB»2£R0I UlQLF s m MMIncucIno
      90 words
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  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      105 10 Wine, Dine Hospitality HI AquaManne your Seasons Aglow 1 December 31 December 2015 <A AT L»r Keep your festive celebrations jubilant and alive with great company and exceptional festive spread at AquaMarine’s divine buffet. Glow for more! y. .v- .".r? V m r A. f'A ■i ESmM f K 'i
      105 words
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  • Page 11 Advertisements
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      71 11 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
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  • BANKING & FINANCE
    • Article
      Lock icon Australia bond sales down 20% to date despite strong start
      704 12 Foreign entities including sovereign-backed agencies and chipmaker Intel sell A$31.4 billion of Kangaroo debt BLOOMBERG Sydney KANGAROO bond sales have dropped in 2015, fading after a strong start to the year even as iPhone maker Apple Inc concluded a marquee
      BLOOMBERG  -  704 words
    • Article
      Lock icon S&P cuts credit grades of 8 large US banks
      406 12 BLOOMBERG Seattle JPMORGAN Chase Co, Bank of America Corp and Citigroup Inc are among eight large US banks that had credit grades cut one level by Standard Poor’s on the prospect that the US government is less likely to provide aid
      BLOOMBERG  -  406 words
    • Article, Illustration
      Lock icon Yen hitting bottom threatens Japan’s record profit streak
      881 12 BLOOMBERG Tokyo JAPAN Inc’s currency cookie jar may be just about empty. That’s the message in forecasts for the yen, whose three-year slide under Prime Minister Shinzo Abe underpinned the expansion of profits to an all-time high and a doubling of stock
      BLOOMBERG; PHOTO: AFP  -  881 words
  • Page 12 Advertisements
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      Lock icon Page 12 Advertisements Column 1
      1522 12 NOTICES NOTICE OF FIRST AND FINAL DIVIDEND Name of Company MTRC Pte Ltd (In Compulsory Liquidation) Co. Reg. No. *****9965W Court High Court of the Republic of Singapore Companies Winding Up Number 28 of 2013 Address of Registered Office 8 Robinson Road #12-00 ASO Building Singapore *****4 Amount per centum
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  • ENERGY & COMMODITIES
    • Article
      Lock icon Bankruptcy may be mining sector’s last best hope
      863 13 Years of increased output have created global surpluses just as slower economic growth erodes demand BLOOMBERG London FOR the world’s ailing metals-mining industry to have any hope of a turnaround, more producers may have to go belly up. Companies that dig up
      BLOOMBERG  -  863 words
    • Article, Illustration
      Lock icon Rio Tinto mulls investment in Ecuador
      379 13 BLOOMBERG London RIO Tinto Group, the world’s secondbiggest mining company, is considering investing in Ecuador amid a push by the Opec nation to cut its dependency on crude oil and jump-start its nascent metals industry, the nation’s mining minister, Javier Cordova, said. Mr Cordova
      BLOOMBERG; PHOTO: BLOOMBERG  -  379 words
    • Article, Illustration
      Lock icon Rice, top commodity of Q3, slumps in Q4
      403 13 BLOOMBERG Chicago RICE futures, which posted the best returns among commodities in the third quarter, have slumped to the lowest since August as domestic demand drops and the export pace slows. Rough-rice futures for January delivery fell as low as US$11.39 per
      BLOOMBERG; PHOTO: REUTERS  -  403 words
    • Article
      Lock icon Iron ore close to falling into US$30-40 a tonne price range
      624 13 BLOOMBERG Singapore IRON ore may be on the cusp of dropping into the US$30s a tonne as the biggest producers expand supply and the onset of winter in China dulls demand that’s been hurt by the slowdown in growth
      BLOOMBERG  -  624 words
    • Article
      Lock icon Japan refiners JX, TonenGeneral agree to merge in 2017
      414 13 REUTERS Tokyo JAPAN’S JX Holdings and TonenGeneral Sekiyu have agreed to merge in 2017, the companies said in a statement on Thursday, joining forces to create a dominant player in a refining market that is in long-term decline. Japan has been
      REUTERS  -  414 words
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  • TECHNOLOGY
    • Article
      Lock icon Cyber attack on US not state-sponsored: Xinhua
      841 14 White House points to recently concluded talks between China and US as evidence that the diplomatic row over cyber intrusions is beginning to smooth over REUTERS BLOOMBERG Beijing CHINA’S official Xinhua news agency said on Wednesday an investigation into a massive US computer
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      Lock icon Charitable initiative raises US$117m for US groups
      427 14 REUTERS Boston #GIVINGTUESDAY, a charitable initiative which uses social media as its catalyst, has raised nearly US$117 million in online donations, a jump of 15 5 per cent over last year, according to preliminary calculations exclusively provided to Reuters by the event’s organisers.
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      Lock icon Yahoo shares more than double under Mayer
      664 14 Rise mostly funded by share buyback programme, stakes in Alibaba Group REUTERS New York INVESTORS who made early bets on Marissa Mayer’s ability to turn around Yahoo Inc were well rewarded for their faith: The share price has more than doubled and widely
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      Lock icon Qualcomm faces EU predatory pricing complaint: sources
      273 14 BLOOMBERG Brussels THE European Union (EU) is preparing an antitrust complaint against Qualcomm Inc over suspected predatory pricing tactics that could hobble smaller rivals, according to three people familiar with the probe. Regulators are in the final stages of preparing a so-called statement
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      69 14 cc I am not interested in failure. We are here to succeed… I am more impressed when you counter my argument than when you threaten or when you shout back at me. Speech at the 54th anniversary of the Singapore General Printing Workers’ Union in 1966 Catch these and other
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      37 14 NATION BUILDER Former minister and ex-Temasek chairman S. Dhanabalan on SINDA and the Indian community Kerala NRI spends Rs50 crores on daughter’s wedding GET YOUR COPY TODAY TO ADVERTISE: CALL SHAN (*****861) KALWANT (*****327) OR NISHAL (*****438)
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      12 14 o -< -X. i t m. 4 |V 5 SCAN WIN more showbiz.omy.sg
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      13 14 ASIA’S LEADING LUXURY YACHTING MAGAZINE SINCE 1976 SUBSCRIBENOW! Available on Subscribe at www.asia-pacificboating.com
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  • CONSUMER
    • Article, Illustration
      Lock icon Target agrees to pay US$39.4m in settlements
      485 15 Move resolve claims by banks and credit unions that lost money because of data breach REUTERS New York TARGET Corp has agreed to pay US$39.4 million to resolve claims by banks and credit unions which said that they lost money because of the
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    • Article
      Lock icon America’s health spending in 2014 hits US$3 trillion
      894 15 Total expenditure up 5.3% as Affordable Care Act’s new provisions take effect NYT Washington HEALTH spending in the US last year topped US$3 trillion an average of US$9,500 a person as five years of exceptionally slow growth gave way to the Affordable
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      337 15 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, Cap. 50 And In the Matter of M2 EDUCATION (SINGAPORE) PTE. LTD. (IN CREDITORS’ VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NO. *****3938W NOTICE OF APPOINTMENT OF LIQUIDATORS NOTICE IS HEREBY GIVEN THAT at an Extraordinary General
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      232 15 NOTICE OF MEETING OF CREDITORS IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF G.A.M. ASIA PACIFIC PTE. LTD. Co. Reg. No. *****5621Z Notice is hereby given pursuant to Section 296 of the Companies Act, Chapter 50, that a meeting of the creditors of the
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      347 15 NOTICE OF MEETING OF CREDITORS' G Premjee Trading Pte Ltd (In Compulsory Liquidation) Company Registration No. *****0516H Winding Up No. *****1 of 2001 Take notice that a meeting of creditors in the above matter will be held at 6 Shenton Way, #33-00, DUE Downtown Two, Singapore *****9 on the 18th
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  • TRANSPORT
    • Article, Illustration
      Lock icon Australia steps up efforts to find MH370
      612 16 It is confident it has identified most likely resting place of the wreckage; area is chosen based on analysis of the flight data, path and information from global satellite networks REUTERS BLOOMBERG Sydney AUSTRALIA will step up search efforts in an area it
      REUTERS; BLOOMBERG; PHOTO: REUTERS  -  612 words
    • Article
      Lock icon US regional airlines to seek easing of rule on pilot qualification
      389 16 BLOOMBERG Washington US regional airlines are preparing to ask the government to loosen 2013 pilot safety restrictions they say have unnecessarily caused a shortage of qualified flight crews. The airlines, which perform about half of all air-carrier flights under
      BLOOMBERG  -  389 words
    • Article
      Lock icon Li Ka-Shing’s CKI in running for London City Airport sale: sources
      412 16 REUTERS London HONG Kong tycoon Li Ka-Shing’s Cheung Kong Infrastructure Holdings (CKI) is among the companies that have placed indicative offers for London City Airport, which has been put up for sale by US owner Global Infrastructure Partners, sources
      REUTERS  -  412 words
    • Article, Illustration
      Lock icon India to force old trucks off roads from April
      524 16 Commercial vehicles over 15 years old to be banned in move to curb pollution REUTERS New Delhi INDIA will force all commercial trucks more than 15 years old off the road from April and is reviewing how it checks vehicle emissions,
      REUTERS; PHOTO: REUTERS  -  524 words
  • Page 16 Advertisements
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      1542 16 NOTICES On 1 December 2015, TML Holdings Pte. Ltd., a wholly-owned subsidiary of Tata Motors Limited, by way of a formal Notice of Meeting delivered on such day by registered mail to holders of its outstanding S$350,000,000 4.25 per cent. senior notes due 2018 (ISIN: SG56E*****53) (the Notes), notified such
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  • REAL ESTATE
    • Article
      Lock icon Evergrande extends buying spree with 13.5b yuan China deals
      349 17 BLOOMBERG Hong Kong A WHOLLY-OWNED subsidiary of Evergrande Real Estate Group Ltd, the Chinese developer that has been on a shopping spree this year, has agreed to buy 13.5 billion yuan (S$3 billion) of assets from a unit of New World
      BLOOMBERG  -  349 words
    • Article
      Lock icon S Korea govt unit warns of home supply glut in 3 years
      185 17 REUTERS Seoul SOUTH Korea’s top government research institute warned on Thursday that this year’s surge in new home starts could lead to a massive oversupply in three years, worsening the financial profiles of both builders and households. The
      REUTERS  -  185 words
    • Article, Illustration
      Lock icon HDB resale flat prices in November up 0.4%
      557 17  -  Consultants say SRX Property’s estimates confirm the sector is consolidating By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore PRICES of Housing Development Board resale flats in November have risen 0.4 per cent from the preceding month, buoyed by four and five-room units. Compared with
      FILE PHOTO  -  557 words
    • Article, Illustration
      Lock icon S’pore reaffirms commitment to green building & construction sector
      686 18  - S’pore reaffirms commitment to green building construction sector New campaign highlights key role of green buildings in reducing emissions their economic and social benefits By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore THE Building and Construction Authority (BCA) is representing Singapore in the newly launched Global Alliance for Buildings and Construction. The
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    • Article
      Lock icon Canada mulls higher down payments to cool property market
      431 18 Toronto, Vancouver home prices remain on a tear and seen as overvalued Ottawa CANADIAN government officials are pushing for tighter housing finance rules to cool soaring real estate markets in Toronto and Vancouver, according to people familiar with the plans. The
      431 words
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      Lock icon UEM Sunrise sells Australian serviced apartments to A-HTrust
      692 19  -  A$120m cash deal allows state-owned Malaysian developer to recoup its capital and make a profit faster By Pauline Ng btworld@sph.com.sg Kuala Lumpur WELL ahead of the project’s completion, UEM Sunrise Bhd has sold the serviced apartments component of its Aurora Melbourne Central
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    • Article
      Lock icon Middle East investors drawn by US property as returns lag at home
      598 19 REUTERS New York THE boarded-up building sat vacant on a tattered block in San Francisco until a small New York developer and a Kuwaiti real estate partner snapped it up in April 2014, attracted by the proximity to
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      111 17 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
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  • Page 18 Advertisements
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      200 18 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements CLASSIFIED D10 HOUSE FOR SALE BUNGALOW SIXTH AVENUE Freehold Modern Design Bungalow, Brand New TOP soon. 2-sty basement attic. Lap pool plus Jacuzzi. Approx 4455/9622sf, Lift. Pool view. 6+1. Bdrms ensuite. David Hwang 9759 2500 D10 HOUSE FOR SALE ILLOURA, CLUSTER SEMI
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      166 18 D14 HOUSE FOR SALE SQ Raudha 8113 4767 JALAN DAUD (D14) Sole exclusive Agt. 3 storey corner terrace house. F’hold. Reno. Built up 4000 sf, 5 bdrms ensuite. Beautiful gdn D14 HOUSE FOR SALE MAJESTIC DETACHED G.A Dynamic Alliance@7772. $6.5m FH. Most expat choice at East. 3.5-sty 5000/7760sf 7+. Lift/pool.
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      152 18 D17 HOUSE FOR SALE LOYANG VILLAS Irresistible Price! $1.65m yet neg. Corner Terrace. 3 storey basement. Land 2713/ approx 3500 sqft. Unblock. View Today Grab fast before it’s gone! Roza Sure Bagus 9456 6697 D19 HOUSE FOR SALE LUXURIOUS BUNGALOW Open Hse Sun 2-5pm. Punggol Brand New Beautiful Bungalow, 2.5sty+
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      137 18 D10 APARTMENT FOR SALE PARVIS 4 bdrm. 1991 sf. Pool view. Holland MRT. F/facilities Squarish layout. $3.99M neg. Sell vacant. Jim 9769 2999 D11 APARTMENT FOR SALE SHELFORD GREEN Freehold. Shelford Road, 3,735 sqft. Expat choice! Renovated. 5+1 bdrm. Yard with greenery. Near MRT, schools amenities. $5.2M neg. Call Rachel
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      165 19 The Business times Call Toll-free 1800-289-9988 To Place Your Classified Advertisements CLASSIFIED BUY IT SELL IT FIND IT D11 HOUSE FOR RENT ANDREW ROAD Beautiful unique Balinese resort bunglw 2½-sty 6+2 bdrms with s/pool. Part furn. Great for entertainment. Land *****sf Built-up *****sf. $30K. Immediate. 9670 0518/ 9758 4944 D15
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      141 19 D11 APARTMENT FOR RENT MULBERRY TREE CONDO Penthouse 1270sf. F/furn, 2 rms duplex. Very near Novena MRT, Shpg Ctrs TTSH. YKI 6848 4666 D02 SHOP FOR SALE NEIL ROAD Majestic shophouse with forecourt. Near Tanjong Pagar Hub, walk to MRT. Central business district. Each 6800sqft. approx. Call 9735-8800 Historical Land
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      168 19 D13 FACTORY FOR SALE GENTING ROAD Genting Road terraced factory. Approx 17,000 sq ft built up. 5-storey. Dormitory approved. 40-footer loading. Good Investment. Call Judy Ong 9383 6361 Savills D14 FACTORY FOR SALE SIMS AVENUE Rare! B1 Freehold. 9 Storey High Yield! Great Investment!! Built up Approx 1119 sqm, Renovated.
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      181 19 D01 OFFICE FOR RENT HONG LEONG BUILDING Cheapest with quality fittings. Heart of CBD. 1890 sf. Director rm/Manager rm x3/ Open office 12 pax/ Server rm/ 2 entrances. Ideal for 2 sister company. Next to Lau Pa Sat. John *****599 D01 SHOP FOR RENT 90 EU TONG SEN STREET Former
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  • VEHICLES & LIFESTYLE
    • Article, Illustration
      Lock icon Six beauty myths debunked
      1194 20  -  By Chen Tai Ho The writer is an aesthetic doctor. The information provided is for educational and communication purposes only and it should not be construed as personal medical advice. THE STAR/ASIA NEWS NETWORK hey say that beauty is in the eye of the beholder. However,
      THE STAR/ASIA NEWS NETWORK; Photo: Thinkstock  -  1,194 words
    • Article
      Lock icon SHIPPING TIMES
      2114 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 BRIGHT CORAL 007 60 6/12 12/12 14/12 18/12 ADMIRE CORAL 005 60 15/12 17/12 20/12 SEA
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  • Page 20 Advertisements
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      93 20 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements THE BUSINESS TIMES CLASSIFIED •BUY IT SELL IT FIND IT- HONDA FOR SALE CRV 2.0A 8/08 CRV 2.0A, 1 owner black OMV $24,556. Selling $55,800 HP: 9685 0045. Yong Lee Seng Motor Pte Ltd HONDA FOR SALE VEZEL ’X’ Model New Honda
      93 words
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      74 20 TOYOTA FOR SALE CAMRY 2.4 4/08 Camry 2.4 black. OMV $28,797. Selling: $50,800. 1 owner. Hp 9757 7878. Yong Lee Seng Motor Pte Ltd TOYOTA FOR SALE HARRIER New Toyota Harrier Premium, Guaranteed delivery within one week. $152,888. View at Wheeler Dealers LLP, #04-10 AML or Call 9181 6096 DOMESTIC
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      72 20 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 (08C3412) 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
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      14 20 Buy It Sell It Find It HOME IN ON THE properties in the market
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon ECB extends asset purchase programme to March ’17 or beyond
      650 21 It also cuts key interest rate to -0.3%; leaves refinancing rate and marginal lending rate unchanged REUTERS AFP Frankfurt THE European Central Bank (ECB) adjusted its asset purchase programme (APP) also known as quantitative easing on Thursday, extending the scheme’s
      REUTERS; AFP; PHOTO: REUTERS  -  650 words
    • Article
      Lock icon Malaysia anti-graft agency meets PMO over 1MDB
      357 21 REUTERS BLOOMBERG Kuala Lumpur MALAYSIA’S anti-graft agency said on Thursday that it met officials at Prime Minister Najib Razak’s office over investigations into RM2.6 billion (S$868.3 million) in funds that were transferred into his bank accounts. Mr Najib is facing calls to step
      REUTERS; BLOOMBERG  -  357 words
    • Article
      Lock icon Companies not paying their fair share of taxes: OECD
      466 21  -  By Anthony Rowley btworld@sph.com.sg Tokyo BUSINESS corporations are enjoying lower tax bills while individuals are having to bear an increasingly large share of the total tax burden in many countries, the Organisation for Economic Co-operation and Development (OECD) said in a
      466 words
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      Lock icon Cost of Chennai floods to businesses seen exceeding 150b rupees
      460 21 City has come to a virtual standstill and in the grip of fear and panic: trade body BLOOMBERG New Delhi AS the flood-ravaged Indian city of Chennai got some respite from torrential rains, a trade body said losses to businesses
      BLOOMBERG; PHOTO: REUTERS  -  460 words
    • Article
      Lock icon Shooting in San Bernardino leaves 14 dead; the 2 suspects also killed
      620 21 REUTERS San Bernardino, California A HEAVILY armed man and woman terrorised this city on Wednesday, killing at least 14 people and wounding at least 17 at a social services centre before leading the police on a manhunt culminating
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  • OPINION
    • Article
      Lock icon 1MDB’s sale of power assets to CGN will only trim debt
      565 22 EDITORIAL MALAYSIA’S troubled 1Malaysia Development Berhad’s (1MDB) sale of all its power assets to China General Nuclear Power Corp (CGN) for RM9.83 billion (S$3.26 billion) in cash no doubt marks a significant foreign direct investment (FDI) commitment for the
      565 words
    • Article
      Lock icon ECB easing could widen payments imbalances
      584 22  -  THE BOTTOM LINE By Desmond Lachman T The writer is a resident fellow at the American Enterprise Institute. He was formerly a deputy director in the International Monetary Fund’s Policy Development and Review Department and the chief emerging market economic strategist at Salomon Smith
      584 words
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      Lock icon Rebooting the global economy
      1663 22  -  Three major mismatches need to be fixed if the global economy is to realise its potential on growth and distribution. BY MICHAEL SPENCE, DANNY LEIPZIGER, JAMES MANYIKA, RAVI KANBUR T Michael Spence, a Nobel laureate in economics, is Philip H Knight professor emeritus of Management at
      PHOTO: REUTERS  -  1,663 words
    • Article
      Lock icon Companies must include the yuan in their business planning
      823 23  -  COMMENTARY By Vina Cheung TThe writer is global head of RMB Internationalisation at HSBC MONDAY’S inclusion of the renminbi in the Special Drawing Rights (SDR), a reserve asset managed by the International Monetary Fund (IMF), is a major milestone in China’s
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    • Article
      Lock icon It’s time the UN lead the fight against global warming
      300 23  -  LETTER TO THE EDITOR Tan Kok Tim Singapore I REFER to “It’s crunch time for climate negotiators in Paris” (BT, Dec 2). The UN conference started on Monday and will last 12 days till Dec 11. It is my hope
      300 words
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      Lock icon India’s economic reality is more sobering than Modi’s rhetoric suggests
      865 23  -  COMMENTARY By Yogi Aggarwal TThe writer is a Mumbai-based journalist INDIAN Prime Minister Narendra Modi is an effective communicator. His claim to Malaysian businessmen during his visit to Kuala Lumpur last month that “GDP growth is up and inflation is
      865 words
    • Article, Illustration
      Lock icon To combat climate change, start with the low-hanging fruit
      781 23  -  There are numerous measures that can be undertaken immediately which can boost competitiveness and generate additional economic activity. BY ULRICH SPIESSHOFER BY ULRICH SPIESSHOFER T The writer is president and chief executive officer of ABB Ltd, a US$40 billion company specialising
      PHOTO: REUTERS  -  781 words
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  • Page 24 Advertisements
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      95 24 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE TIIKHUMNKNi TIMH) SHIPPING TIMES Make A Splash In The Maritime World Via s|5i3hiartime.coM Ahoy there! If you are in a business pertaining to any sector of the maritime industry, log on to SPHMaritime.com for a sea of
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  • BT Lifestyle
    • MAKING THE CUT
      • Article, Illustration
        Lock icon Rock star ambitions for hit dance trio
        572 25  -  Move over, Sun Ho. Cracking the American pop charts doesn’t require millions of dollars of “love gifts” as these three music acts reveal the secrets to their successful crossovers. BY AVANTI NIM DYLAN TAN By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT BANDS often break up
        PHOTO: : DANIEL HO (@ONECLICKWONDERS)  -  572 words
      • Article, Illustration
        Lock icon Polished to perfection
        590 25  -  By Avanti Nim avantin@sph.com.sg WHO Am I? That isn’t just the name of Malayalee singer-songwriter Resh’s new EP, but also a question he might ask himself after making drastic changes to his stage persona. Formerly known as Reshmonu, the R&B singer whose real name is Hiresh Haridas
        590 words
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        Lock icon Changing face of electronic music
        611 25  -  By Avanti Nim avantin@sph.com.sg MANFRED Lim isn’t your average soldier boy. With only a week to go before he finishes his army stint, he’s already looking forward to the next chapter of his life. And indeed, why shouldn’t he? The 20-year-old was recently signed on
        611 words
    • CINEMA/MUSIC
      • Article, Illustration
        Lock icon Under the lash of a demon
        588 26  -  Director Ron Howard brings to the big screen a period tragedy of epic proportions.BY MOVIES proportions.BY GEOFFREY EU THE best seafaring yarns typically portray men under duress a beleaguered crew in a desperate battle against a formidable adversary, whether it be the elements, an
        PHOTO: GOLDEN VILLAGE  -  588 words
      • Article, Illustration
        Lock icon Standing ovation from 5,000 fans for Elton John
        513 26  -  MUSIC By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT ELTON John’s two-night stand in Singapore earlier this week might have been billed his All the Hits tour but it was much more than that. Yes, he played the big ones such as Elton John’s two-night
        PHOTO: ALOYSIUS LIM  -  513 words
      • Article, Illustration
        Lock icon Neon Lights Festival – bound for better things
        580 26  - Neon Lights Festival bound for better things By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT It’s been awhile since Singapore got a new music festival. With a packed live music calendar all year round, it’s a risky business that has seen the likes of Rock and Roots, SINGFest, Singapore Rock Festival throwing in
        PHOTO: NEON LIGHTS  -  580 words
      • Article, Illustration
        Lock icon Point Break reboot misses the point
        598 26  -  By Geoffrey Eu FOR this week’s sign that the apocalypse is upon us, look no further than Point Break, which has the next-to-im-possible task of trying to emulate a beloved original. It’s not quite the same as remaking Citizen Kane but someone in his
        PHOTO: REINER BAJO / CATHAY KERIS FILMS  -  598 words
    • ARTS
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        Lock icon A story of the world
        590 27  -  Now on display at the National Museum, 239 objects from the British Museum reveal how humans have organised their lives through the ages. BY HELM I YUSOF BY HELMI YUSOF A CENTURIES-OLD Egyptian mummy board is said to be cursed. Not only was it believed
        PHOTO: NATIONAL MUSEUM  -  590 words
      • Article, Illustration
        Lock icon A light-hearted look at elections
        711 27  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT ALFIAN Sa’at, one of Singapore’s leading playwrights, has a carved a niche for himself in the past few years by writing political plays that examine what are often considered to be “untouchable” topics. His first bona fide blockbuster Cooling-Off Day
        PHOTO: TEATER EKAMATRA  -  711 words
      • Article, Illustration
        Lock icon Three treasures
        131 27 General view of the temple at Borobudur (Above) Around AD 1814 (Watercolour on paper) In 1814, when Sir Stamford Raffles was told about a “lost” monument in Yogyakarta, he ordered Dutch engineer HC Cornelius to search for the site. This watercolour painting was believed to have been made
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        Lock icon Merry masala mayhem
        409 27  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT BOTH celebratory and melancholy, cacophonous yet tightly choreographed, Shiv Tandan’s play The Good, The Bad And The Sholay is a triumph of meta-storytelling. Directed by Tandan himself with his mentor Huzir Sulaiman, the play splices Tandan’s real-life memories of growing up in
        PHOTO: MAANAVI PANWAR  -  409 words
    • WINE/ARTS
      • Article, Illustration
        Lock icon Heady date with Gaja
        1081 28  -  Iconic winemaker Angelo Gaja talks about the organic revolution in wines. BY NK YONG WINE wines.BY NK YONG AN evening spent at a wine dinner with Angelo Gaja is a rare luxury. At 75 years of age, Angelo continues to stride around the vineyards of Piedmont
        PHOTOS: BLOOMBERG, NK YONG  -  1,081 words
      • Article, Illustration
        Lock icon Delicate balance of painting and sculpture
        779 28  -  ARTS By Cheah Ui-Hoon uihoon@sph.com.sg THERE are artists who prefer to work alone, and then there are those who find inspiration working with other artists. Singa-pore-based Australian artist Belinda Fox belongs to the latter group, and her latest collaboration with Jason Lim is a
        PHOTOS: CHAN HAMPE GALLERIES  -  779 words
    • CITY LIFE
      • Article, Illustration
        Lock icon LOCAL MUSIC BLITZ
        766 29  -  *Scape the Invasion aims to amp up the live music scene with edgy homegrown acts. BY AVANTI NIM avantin@sph.com.sg NO longer just a place for teenagers to skateboard or while away the time waiting for a movie at neighbouring Cineleisure to start, *Scape has transformed into a
        PHOTO: INVASION SINGAPORE  -  766 words
      • CITY BUZZ BT writers’ picks of what to see, do or talk about
        • Article, Illustration
          Lock icon WORKING WITH AN ‘INSANE GENIUS’
          340 29  -  By Dylan Tan FILM 5th Rendezvous with French Cinema THE 5th Rendezvous with French Cinema opens on Friday with the Cannes Festival 2015 Palme d’Or winning drama Dheepan, directed by Jacques Audiard (Rust and Bone). The gritty drama revolves around an ex-Sri Lankan Tamil Tiger
          PHOTO: RENDEZVOUS WITH FRENCH CINEMA  -  340 words
        • Article, Illustration
          Lock icon Antoinette Christmas Collection 2015
          201 29  -  FESTIVE CELEBRATIONS By Rachel Loi SWEETEN your holiday season this year with Antoinette’s Christmas Collection of new cakes and desserts, such as their camera-worthy Terrarium (S$20 or S$120, below) an edible garden housed in a transparent globe. It is actually made up of dark chocolate mousse,
          201 words
        • Article, Illustration
          Lock icon Lost City 3
          192 29  -  ART By Helmi Yusof FOUR artists come together to unravel and interpret the complexities of their urban environment through art. Curated by Samantha Segar, the exhibition features strong works by Chinese ink painter Hong Sek Chern, photographer Geraldine Kang, architect CK Kum and visual artist Tang Ling
          PHOTO: CHAN HAMPE GALLERIES  -  192 words
        • Article, Illustration
          Lock icon Lazy Susan
          375 29  -  DINING By Tay Suan Chiang THE Spa Esprit Group is well known for its fun dining concepts, and its latest is no exception. Called Lazy Susan, this modernist all-day dining pop-up aims to up the ante of cafe food, with inspirations drawn from Asian breakfasts, fused with exciting
          PHOTO: LAZY SUSAN  -  375 words
        • Article, Illustration
          Lock icon Society of Cult and Underground Movies presents Deathgasm
          320 29  -  *Scape The Invasion will be held at *Scape from 2pm to 10pm. Admission is free. To register, and for more information, please visit www.scapers.sg/theinvasion HORROR COMEDY By Dylan Tan HEAVY metal fans and horror film buffs take note: you don’t want to
          PHOTO: SCUM CINEMA  -  320 words
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  • Page 28 Miscellaneous
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      350 28 CRYPTIC CROSSWORD Across 1 Half a day with university intellectual is of great importance (10) 6 Dog in film that is missing girl (4) 9 It sends us off to protect area with no help (10) 10 Way of paying a final passage (4) 12 Place of safety, mainly for
      350 words
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      25 1 btluxe christmas 2015 the heritage issue Tradition. Craftsmanship. Renewal. A look at the business innovators who see the past as a key to their future.
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      89 2 contents editor’s note 06 PAST~~ PERFECT people 08 SPIRIT~~ OF~~ CHANEL Step~~ into~~ the~~ abode~~ of~~ Coco~~ Chanel~~ for~~ a~~ glimpse~~ of~~ timeless~~ beauty~~ and~~ fluid~~ style driving holiday 12 EXPLORING~~ PORTLAND Oregon’s~~ famously~ chill~ city~~ is~~ full~~ of~~ charm holiday 14 IN~~ THE~~ LAND~~ OF~~ MERCEDES All~~ things~~ Benz~~
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      71 3 '<jm V A 9 4' ff, Happy Dove Inspired by Japanese Origami design. Perfected by Destinee Royale diamond. Created to inspire new hope, perfect peace abundant joy every moment. In support of: Children's Make a difference this Christmas. Cancer From 13 Novto 25 Dec 2015, $100 from the sale of
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      175 4 contents 28 16 REST WELL Beautifully~~ styled~~ bedrooms~~ beckon~~ at Simmons~~ Gallery cover photo: peninsula paris 26 22 heritage~ chic 22 HOUSE HUNTER Some~~ people~~ collect~~ art~~ and~ antiques.~~ Qin~~ Tong~~ Qian~~ collects~~ ancient~~ houses 24 IN A TUSCAN TRADITION The~~ Ferragamos’~~~ farm~~ estate,~~ Il~~ Borro,~~ also~~ happens~ to~~ be~~
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      123 5 SUCCESS IS KNOWING WHAT TO REFINE OVER TIME WHILE STAYING TRUE TO YOURSELF, THE NEW LEXUS ES. THE ESSENCE OF LUXURY. You'd choose hard work over luck. Character over popularity, Because you're at a point in your life where you know who you truly are, And as your equal, the
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  • L BTLUXE CHRISTMAS 2015
    • editor’s note
      • Article, Illustration
        Lock icon PAST PERFECT
        394 6  -  Jaime Ee Editor, BTLuxe Christmas o be old is not to regress but to celebrate the richness of what was and can still be. On this note, welcome to BTLuxe Christmas 2015, where we bring to you proof that heritage isn’t just a whimsical notion but an innovative
        PHOTO: CHANEL  -  394 words
    • people
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        Lock icon SPIRIT OF CHANEL
        910 8  -  31 Rue Cambon is filled with the same timeless beauty and fluid sense of style that belonged to the inimitable woman who lived in it Coco Chanel. by jaime ee BY JAIME EE T he scent of a special woman permeates the hallowed halls of Chanel’s f
        PHOTO: JEAN MORAL,COPYRIGHT: BRIGITTE MORAL; PHOTOS: CHANEL  -  910 words
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        Lock icon AND… ACTION!
        928 10  -  One of the world’s biggest artists, Takashi Murakami, is re-inventing himself as a new Spielberg. by helmi yusof BY HELMI YUSOF You could say it was only a question of time. Takashi Murakami often referred to as the Japanese Andy Warhol had already conquered the art, fashion and
        PHOTO: HELMI YUSOF; PHOTOS: KAIKAI KIKI  -  928 words
    • driving holiday
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        Lock icon EXPLORING PORTLAND
        773 12  -  Farms, fauna, food carts… and no sales tax. Oregon’s famously chill city will charm all who visit. by samuel ee BY SAMUEL EE Portland in the US state of Oregon has historic architecture, a vibrant music and arts scene and diverse cuisine. This charming city in north-west America
        PHOTO: LEXUS; PHOTOS: SAMUEL EE  -  773 words
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        Lock icon IN THE LAND OF MERCEDES
        783 14  -  At the Fraser Suites Kensington,a landmark partnership brings all things Benz to six beautifully appointed apartments. by jaime ee BY JAIME EE On the stately grounds of London’s Stanhope Gardens, as you step into the posh Victorian-era townhouses that house the Fraser Suites Kensington, you
        PHOTOS: FRASERS HOSPITALITY  -  783 words
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        Lock icon HOME TEAM
        311 16 Whether it’s a designer conversation piece or timeless additions that will transform your living space, you’ll find it at The Furniture Mall’s one-stop destination. ’Tis the season to give your home a facelift, and there’s no better way to deck the halls than with statement furniture from brands
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        404 16 At the new Simmons Gallery in Capitol Piazza, beautifully styled bedrooms beckon. If you’re wandering through Capitol Piazza and come across this welcoming new showflat beckoning you to rest your shopping-weary feet, just go on in and don’t worry about taking off your shoes first. It’s not a
        PHOTOS: YEN MENG JIIN  -  404 words
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        Lock icon CHRISTMAS HIGHLIGHTS
        655 18 A host of new options await at South Beach and One Farrer South Beach Fancy trying something new this Christmas? You could be one of the first to check out the newly-launched South Beach hotel’s All Day Hotel Dining concept designed by French designer Philippe Starck, and located
        655 words
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        Lock icon FESTIVE FARE
        561 20 Feast on traditional cuisine with atwist atthe InterContinental and One Fullerton InterContinental Singapore What is your favourite Christmas scent? The smell of fresh pine needles, cinnamon, or gingerbread men? Now, add Manuka woodchips and Jarrah hardwood to the list. InterContinental Singapore’s new restaurant Ash Elm is known for
        561 words
    • heritage chic
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        Lock icon HOUSE HUNTER
        1101 22  -  SELF-MADE REAL ESTATE TYCOON QIN TONG QIAN TAKES COLLECTING A STEP FURTHER, BUYING AND RESTORING ANCIENT ARCHITECTURE. BY DAVID YIP BY DAVID YIP he remote countryside of Zhejiang in south-east China is not the kind of place you expect to find a real estate tycoon like Qin Tong
        PHOTO: DAVID YIP  -  1,101 words
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        Lock icon RISING LIKE A PHOENIX
        626 23 Moving an entire city brick by brick, through time and space, used to be the stuff of science fiction. Not anymore. While Ahn Luh Zhujiajiao isn’t exactly a city, it’s pretty close. When it opens on Jan 1,2016, it will be the first ‘all old’ hotel
        PHOTOS: QINSEN GROUP  -  626 words
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        Lock icon IN A TUSCAN TRADITION
        1356 24  -  IL BORRO, JEWEL IN THE CROWN OF THE FERRAGAMOS’ AGRO-LEISURE BUSINESS, IS A BONA FIDE FARM ESTATE THAT ALSO HAPPENS TO BE A LUXURY RESORT. by daven wu BY DAVEN WU t’s one thing to bear the same name as your grandfather. It’s quite another when
        PHOTOS: IL BORRO  -  1,356 words
    • heritage hotels
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        Lock icon ICONIC ELEGANCE
        684 26  -  Hoteliers are going the heritage route, breaking out of the cookie-cutter 5-star chain mould to appeal to a new breed of discerning consumers. And at the top of the game, the Peninsula Paris is a stunning blend of rich French heritage, Oriental splendour and hi-tech chic. BY JAIME
        PHOTOS: PENINSULA PARIS  -  684 words
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        Lock icon PRISON BREAK
        679 27  -  Malmaison Hotel Du Vin takes ancient buildings a medieval jail, say and turns them into incredible accommodation. by jaime ee BY JAIME EE f there’s something old in your neighbourhood a building that holds secrets of lives from centuries ago, crumbling with age but rich in heritage who
        PHOTOS: MALMAISON HOTEL DU VIN  -  679 words
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        Lock icon HIDDEN HISTORIES
        524 27  -  Kyoto’s latest luxury ryokan Suiran is your doorway to culturally rich Arashiyama. by Dylan tan BY DYLAN TAN uiran’s minimalist chic décor and exterior can be slightly deceiving but rest assured Kyoto’s latest luxury ryokan is every bit as storied as the historic former capital of Japan. Like
        PHOTOS: SUIRAN KYOTO  -  524 words
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        Lock icon THE NEW OLD CLARE
        619 28  -  In the hands of Loh Lik Peng, two of Sydney’s heritage-listed properties take on a new lease of life. by arthur sim BY ARTHUR SIM he Old Clare Hotel in Chippendale, Sydney was converted from the heritage-listed Clare Hotel (and pub) and Carlton United Brewery offices
        PHOTOS: THE OLD CLARE HOTEL  -  619 words
    • drink
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        Lock icon MALT MASTER
        881 29  -  David Charles Stewart’s legacy the two-cask maturation process is the reason why whisky is where it is today. by christopher lim BY CHRISTOPHER LIM It’s the clarion call that rings through any traditional business steeped in heritage and craftsmanship innovate or die. But malt master David Charles Stewart
        PHOTOS: TH E BALVEN IE EXCEPT FOR PHOTO OF STILLS BY CHRISTOPHER LIM  -  881 words
    • fashion
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        Lock icon NOSTALGIA RULES
        1316 30  -  RULESHERITAGE BRANDS WITH DECADES OR CENTURIES OF HISTORY ARE MAKING A COMEBACK AS LABELS DU JOUR. BY MAY YIP BY MAY YIP ansur Gavriel? So last year. A Mary Katrantzou retrospective? How… quaint. How about Coach? Or Moschino, Loewe, Valextra, MCM –household names from a distant past but
        1,316 words
    • gifts
      • Article, Illustration
        Lock icon THE LUXE LIST
        620 32  -  Is your significant other a fan of otherworldly fashion finds? Or your brother a chic techie? Then snap up these inspired luxe gifts that will suit everyone on your list. by may yip SPECIAL FEATURE BY MAY YIP 1.THE CLASSIC AESTHETE Inspired by the elegant plumes of
        620 words
    • dining
      • Article, Illustration
        Lock icon GOURMET CHINA
        917 34  -  A culinary renaissance is well underway in China’s biggest cities, with sophisticated interpretations of traditional cuisine. BY DAVID YIP In a dining world dominated by the likes of Redzepi, Blumenthal, Robuchon or even Jiro Ono, you’re not likely to hear the name Howard Cai being uttered with the
        PHOTOS: Howard’s GOURMET WORKSHOP  -  917 words
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      315 7 V v ib A SEASON OF THE FULLERTON HOTEL SINGAPORE THE FULLERTON BAY HOTEL SINGAPORE X m •a TO over hearty reunions at home with succulent roasts and tempting treats. Complete your festivities with our housemade Panettone or treat your loved ones to The Fullerton Hotel Singapore’s new creation ‘Sicilian
      315 words
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      94 11 FRASER SUITES KENSINGTON, LONDON fV. w v 'Vi ,4 A v 4 j 81 k uy il ■>s Ml > v hrw H FRASERS HOSPITALITY MERCEDES-BENZ L V NG FRASER NOW AVA LABLE V. v A A A Experience cutting-edge design and state-of-the-art media by design partners such as Swarovski
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      256 13 i ‘a 0 i WINE, DINE AND STAY AT A NEW LUXURY LIFESTYLE DESTINATION THE SOUTH BEACH THIS FESTIVE SEASON AS THE BRAND NEW HOTEL OF DESIGN UNVEILS A WHOLE TROVE OF SPECTACULAR FESTIVE CULINARY EXPERIENCES AND AMAZING STAYCATION PACKAGES! ft FESTIVE SLEEPOVERS 30 NOVEMBER 29 DECEMBER 2015 From SGD
      256 words
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      157 15 L_J IVl /Ms?thefurnituremall living as you like it 10 TOH GUAM ROAD www.thefurnituremall.com.sg ANNIVERSARY CELEBRATIONS! FROM NOWTILL 29TH FEBRUARY2016 Glorious Season j GRAND LUCKY DRAW! STAND A CHANCE TO WIN BIG! CITROEN C4 CACTUS, TFM CASH VOUCHERS 31 (WORTH $4,000) AND DESIGNER FURNITURES TO BE WON! *With minimum $200 purchase.
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      121 17 CELEBRATE THE JOY OF THE SEASON THIS CHRISTMAS AT INTERCONTINENTAL® SINGAPORE. V M A H ■v w ff v rN The season’s finest delights come together in glorious style this Christmas, from an exceptional medley of festive a la carte options and indulgent Christmas brunch buffets at the brand new
      121 words
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      160 19 SIMMONS e: Mr LUXURIATE IN A 6-STAR SLEEP EXPERIENCE AT THE ALL-NEW SIMMONS FLAGSHIP GALLERY, CAPITOL PIAZZA In 1993, Simmons set up its first in the mattress industry specialty bedding store, Simmons Gallery at Stamford House. Today, we are happy to be back at a location that is close to
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      296 21 CELEBft 4r/ 0>v at One Farrer Hotel Spa t/ j. Wllii Li A -LL i 7 A IF i A* r A* A/ 'Nl A QNgfFARMER «7 M :-M_. ‘iiiiiii ill 9bp |fP| -.-V (|l A i ■■>.-, V A. A l* r -I*' V, 1 A" M 'A i
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      64 34 BEIJING King’s Joy Beijing 2 Wudaoying Hutong Dongcheng, Beijing, China *****7 +86-10-*****191 SHANGHAI Shitang Jian Songshan Lu, Lane 2, No 7 Shanghai, China +86-21-*****099 CHENGDU Yu Family Kitchen 43ZhaiXiangzi,XiaTongren Lu Chengdu,China +86-*****975 GUANGZHOU Howard’s Gourmet Workshop 6th Floor, Fangyuan Building 28 Tiyu E Road Tianhe, Guangzhou Guangdong, China +86-186-*****177 HANGZHOU
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      97 35 DAMIANI HANDMADE IN ITALY SINCE 1924 DAMIANI BOUTIQUE SINGAPORE: SCOTTS SQUARE TEL: 6604 7217 MARINA BAY SANDS TEL: 6688 7564 DAMIANI BOUTIQUE MALAYSIA: STARHILL GALLERY, KUALA LUMPUR TEL: (603) 2141 31 10 MILAN: VIA MONTENAPOLEONE LONDON: OLD BOND STREET TOKYO; CHUO-DORI GINZA ALMATY ASTANA BEIJING BISHKEK CHENGDU DUBAI HONG KONG
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      41 36 OYSTER PERPETUAL SUBMARINER DATE IN IS CT WHITE GOLD t ROLEX 4 A A SS i J cortmawatch CHINATOWN POINT, #01-08/09. TEL: 6702 0061 PARAGON, #01-13. TEL: 6235 0084 RAFFLES CITY, #OI-36A. TEL: 6339 9185 WATCH FEATURED SUBJECT TO STOCK AVAILABILITY
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      159 37 THE MAGIC WITHIN Seek And You’ll Find Get a $100 voucher with $1,000 spend, and Sands Rewards LifeStyle members receive a bonus gift from one of our exquisite boutiques: Anne Fontaine Parfums Christian Dior UOMO Collezioni CH Carolina Herrera Penhaligon’s Ted Baker EXTENDED SHOPPING HOURS Shop to your heart's content
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