The Business Times, 8 December 2015

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Microfilm: NL33709
Total Pages: 36
1 36 The Business Times
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  • Title Section
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    35 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 U D @BTBreakingnews CO REGN NO ’l*****868E MCI (P) 039/08/2015 Tuesday, December 8,2015
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  • Article, Illustration
    Lock icon DAILY DIGEST
    229 1 Morgan Stanley will grow its wealth management business in the region at a quicker clip than before, with plans to set up a China desk in Singapore. TOP STORIES 2 Aslan Pharmaceuticals has raised US$34 million in Series C funding led by Temasek subsidiary Accuron Technologies. TOP STORIES
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  • Article, Illustration
    Lock icon France’s CMA sinks teeth into Temasek’s NOL for S$3.4b
    1108 1  -  At S$1.30 a piece, analysts by and large deem the deal as fair, considering NOL’s losses and the headwinds facing the sector By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore SINGAPORE’S Neptune Orient Lines (NOL) and France’s CMA CGM threw a line in
    PHOTO: NOL, CMA  -  1,108 words
  • Article
    Lock icon Oil oversupply seen till end of 2016
    886 1  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore OIL prices, already close to six-year lows, are deemed to stay low till at least late next year after Organization of the Petroleum Exporting Countries (Opec) not only decided to keep to current production levels but also
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  • Article
    Lock icon MARKETS
    28 1 MARKETS Monday Change STI 2,900.92 +21.87 KL COMP 1,672.00 +4.13 NIKKEI 225 19,698.15 +193.67 HANG SENG 22,203.22 -32.67 SHENZHEN B 1,256.54 +19.37 DOW (10:45 EST) 17,682.44 -165.19
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  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      204 1 8 "*****1 *****4 FORMER GENERAL POST OFFICE Fullerton Hotel gazetted as S’pore’s 71st National Monument REAL ESTATE 14 TUDOR BLACK BAY Self-winding mechanical movement, waterproof to 200 m, steel case 41 mm. Visit tudorwatch.com and explore more. Exclusively available at: Tudor Boutique Swiss Watch Gallery: B1-88/89 The Shoppes at Marina
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      19 1 GAME ON Stable outlook for 2016, says Fitch COMPANIES MARKETS 7 BUSINESS CONTINUITY Importance of succession planning SME 36
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      15 1 BREATH OF FRESH AIR Dutchman offers Smog Free Tower to clean Beijing air TECHNOLOGY 20
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      31 1 NOL deal commands a decent price multiple for investors, Page 7 NOL buy stacks up in several ways, Page 7 Opec decision pulls oil prices close to 2015 lows, Page 18
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  • TOP STORIES
    • Article
      Lock icon Morgan Stanley to capture Asian wealth from Singapore hub
      705 2  -  Asian corporates are expected to demand investment banking services over the long term amid expansion overseas BANKING ON SINGAPORE By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore MORGAN Stanley will grow its wealth management business in the region at a quicker clip than
      705 words
    • Article
      Lock icon Sieving out new bank leaders with training
      818 2  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore HE is coy about his retirement age. But Ronald Ong, Morgan Stanley’s chairman and chief executive for South-east Asia, will say he has begun looking for a local successor within the firm. And as worries over the
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    • Article, Illustration
      Lock icon S$ falls against greenback after puzzling Friday rally
      380 2  -  By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore THE Singapore dollar fell back on Monday in thin trading after a brief puzzling rally last Friday when most currencies weakened against the greenback following the release of strong payrolls data in the US. The
      Source: Bloomberg  -  380 words
    • Article, Illustration
      Lock icon Climate change will pare in S-E Asian GDP by up to 11%: ADB
      541 2  -  By Anthony Rowley btworld@sph.com.sg Tokyo ECONOMIC losses from the impact of climate change in South-east Asia could reduce the region’s gross domestic product (GDP) by up to 11 per cent by the year 2100, according to a
      PHOTO: REUTERS  -  541 words
    • Article, Illustration
      Lock icon GSK says ‘tailwinds’ will lift its consumer healthcare business
      778 4  -  UK drugmaker confident of staying ahead in the game even as generic drugs invade wellness segment PHARMA FOCUS By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore CHEAPER generic drugs, which are growing in double-digits, are invading the wellness segment of the global consumer
      PHOTO: LAURA NG  -  778 words
    • Article
      Lock icon Aslan Pharma raises US$34m in fresh funding
      461 4  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore THE Republic’s fledgling pharma ecosystem on Monday got a shot in the arm as biotech startup Aslan Pharmaceuticals announced it has raised US$34 million in Series C funding led by Accuron Technologies, a tech subsidiary of Temasek
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    • Article, Illustration
      Lock icon Global coalition strikes against Islamic State terror will succeed, says Obama
      1028 4 NYT Washington PRESIDENT Barack Obama on Sunday sought to calm jittery Americans after the terrorist attack last week in California, delivering a prime-time address designed to underscore the government’s campaign against an evolving threat. Speaking from the Oval Office,
      NYT; PHOTO: AFP  -  1,028 words
    • Article, Illustration
      Lock icon Petronas to raise output from sour gas fields
      598 4  -  It is boosting capacity at Bintulu complex amid challenge to Malaysia’s position as second-biggest LNG exporter By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore PETRONAS has set out to expand capacity at the Bintulu liquefied natural gas complex in Sarawak to process output
      PHOTO: BLOOMBERG  -  598 words
    • Article, Illustration
      Lock icon World awaits a strong climate pact, UN chief tells ministers
      804 6 Don’t duck hard choices, he says, as delegates try to reach a final accord by Friday REUTERS Paris WARNING that the “clock is ticking towards climate catastrophe”, UN secre-tary-general Ban Ki-moon urged governments on Monday to agree a strong deal
      REUTERS; PHOTO: BLOOMBERG  -  804 words
    • Article, Illustration
      Lock icon Draghi still ‘super Mario’ to dollar-thirsty emerging markets
      504 6 BLOOMBERG London THE European Central Bank (ECB) president may still be “Super Mario” in emerging markets. While Mario Draghi last week disappointed most investors in easing the euro-area’s monetary stimulus by less than they expected, the resulting slide in the dollar against
      BLOOMBERG  -  504 words
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  • Page 5 Advertisements
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      152 5 An Illustrious Moment In History The former Fullerton Building, now known as The Fullerton Hotel Singapore, has been gazetted as a National Monument on 7 December 2015. Named after the first Governor of the Straits Settlement, Sir Robert Fullerton, this neoclassical building was designed by Major P.H. Keys and is
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      271 6 FUTURE i I t S II I I I I CHINA ADVANCED LEADERS PROGRAMME EMPOWERING FUTURE LEADERS WITH CHINA-READY SKILLS “Before we started the course, I thought I knew about China, having managed a company in Shanghai since 2003. However, now that we are finishing the course, i realised that
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      200 6 THE BUSINESS TIMESMAYBANK KIM ENG IM PACT #INVESTASIA2016 OPPORTUNITIES CHALLENGES The ASEAN Economic Community The AEC encompassing 10 countries more than 600 million people, is targeted to come into effect this year. How will it change the region? What are its implications for politics and economics? What will it mean
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  • COMPANIES & MARKETS
    • Article
      Lock icon NOL deal commands a decent price multiple for investors
      505 7 But French buyer CMA CGM gets to scale up amid a wave of consolidation in the shipping market COMMENTARY BLOOMBERG Sydney IT’S cheaper to put your belongings on a container ship and send them around the world for a year than
      BLOOMBERG  -  505 words
    • Article, Illustration
      Lock icon Stable outlook for Singapore’s gaming sector in 2016: Fitch
      420 7  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore THE outlook for Singapore’s gaming sector is stable even amid muted economic growth and flagging tourist arrivals, according to Fitch Ratings. After sliding 10 per cent to US$4.8 billion this year, the city-state’s gross gaming
      Source: Bloomberg  -  420 words
    • Article, Illustration
      Lock icon NOL buy stacks up in several ways
      359 7 REUTERS BREAKINGVIEWS REUTERS Hong Kong THE latest round of consolidation in the shipping industry should stack up. CMA CGM, the French group that is the world’s third-biggest container carrier, has agreed to buy Singapore’s ailing Neptune Orient Lines (NOL) for US$2.4 billion plus
      REUTERS  -  359 words
    • Article
      Lock icon SGX reorganises along product lines in CEO’s first big move
      599 8  -  Chief operations and technology officer will leave after seeing through changes sparked by 2014 market disruption By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore SINGAPORE Exchange (SGX) will reorganise its business to emphasise product lines from Jan 1 in a sweeping reorganisation
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    • Article, Illustration
      Lock icon SGX gives faltering gold contract a boost
      380 8 REUTERS Singapore THE Singapore Exchange (SGX) is looking to boost liquidity of its faltering gold contract by extending trading hours and allowing jewellers and refiners to participate, an official said on Monday. The bourse launched a 25-kg wholesale gold contract in October 2014
      REUTERS; PHOTO: BLOOMBERG  -  380 words
    • Article
      Lock icon Rowsley, Thomson Medical tie up to develop Iskandar healthcare project
      331 8  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore HEALTHCARE service provider Thomson Medical will partner lifestyle real estate and investment company Rowsley Ltd in developing the Vantage Bay Healthcare City project in Iskandar, in southern Malaysia, valued at a gross amount of
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    • Article
      Lock icon S’pore investors on Wall St not rattled in Q3
      904 9  -  Asian investors as a whole sell fewer US stocks in the quarter despite biggest quarterly fall in prices in four years; US investors cut purchases in Asia By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore THE third quarter of 2015 was the
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    • CORPORATE DIGEST
      • Article
        Lock icon Sembcorp Industries
        87 9 ITS wholly owned subsidiary, Sembcorp Utilities, has signed a memorandum of agreement with Myanmar's Department of Electric Power Planning to invest in and develop a US$300 million gas-fired power plant in central Myanmar. Located in the Myingyan district of the Mandalay division, the 225-megawatt facility will be the
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      • Article
        Lock icon Otto Marine
        54 9 THE offshore chartering group has secured a long-term bareboat charter contract worth US$26 million. The charter was for a 238-men work maintenance vessel, which is currently being built at a third-party yard, and is expected to be delivered by the end of 2015. The vessel will be deployed
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      • Article
        Lock icon Vallianz Holdings
        63 9 IT has won a time charter contract valued at up to US$98 million to supply four offshore support vessels (OSVs) to an existing state-owned customer in the Middle East, which is one of the world’s largest national oil companies. The four OSVs will commence operations at the customer's
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      • Article
        Lock icon TTJ Holdings
        59 9 STEEL specialist TTJ Holdings’ net profit slipped 2 per cent year-on-year to S$4.12 million, for the first quarter ended Oct 31, 2015. Revenue, however, rose 4 per cent to S$25.6 million mainly contributed by the group’s structural steel business. Its earnings per share for the quarter slipped to
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      • Article
        Lock icon Spackman Entertainment Group
        24 9 ITS associate, Delmedia, has signed a US$3.6 million production contract for a Chinese reality series to be aired on China’s CCTV.
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    • Article, Illustration
      Lock icon Banks lead STI to reclaim 2,900 level
      672 10  -  But turnover is weak at 893m units worth S$759m, and the broad market is mixed at 200 gains to 199 losses STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT WALL Street’s bounce last Friday helped push the Straits Times Indexup 21.87 points on Monday to
      Source: Bloomberg  -  672 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 235 unch 240/235 271 213 6.2 5950.8 CapitaLand 326 +3 330/325 379 267 11.9 2.8 *****.8 CapitaMall Trust 193 +1 194.5/193 228 184.5 5.6 6707.3 CityDev 720 +4 734/718 1095 712 8.7
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    • Article
      Lock icon MOST ACTIVE
      35 10 VOLUME Ace Achieve Info 45,421,500 Terratech 41,540,000 Europtronic 30,862,300 Noble 28,129,700 QT Vascular 26,689,500 Market volume 1,008,104,000 VALUE Singtel 56,609,976 UOB 52,920,065 DBS Grp 48,829,932 OCBC Bank 46,324,075 SPH 32,377,164 Market value 764,758,000
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Dec 7 VALUE CLOSE BT OB/OS -180.00 +81.00 BT CADI -*****.00 +3.00 BT 10-day MA -*****.00 -18.00 FTSE ST Mid Cap 677.92 +1.39 FTSE ST Small Cap 406.64 +0.48 FTSE ST All Share 701.42 +5.18 FTSE ST China Top 173.20 +0.47 FTSE ST China 209.91 +0.61 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 10 STI FTSE ST All-Share FTSE ST All-Share Index Dec 7,2015 701.42 +5.18 (+0.74%) Current streak 1 day Day high 703.56 Day low 699.87 52-week high 847.98 (Apr 15, 2015) 52-week low 676.13 (Sept 29, 2015)
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      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE index Dec 4,2015 1,731.70 -8.96 (-0.51%) Current streak 3 days Day high 1,751.07 Day low 1,726.62 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 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 7 3 1 0 0 5 7 3 Manufacturing 43 39 27 5 12 10 48 51 37 Commerce 15 21 18 2 7 4 17 28 22 Tpt/Stor/Comms 19 10 4
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 14,643 16,123 30,766 42,517 6,170 48,687 Manufacturing 98,252 47,096 145,348 73,140 4,605 77,745 Commerce 67,011 44,733 111,744 67,712 2,497 70,209 Tpt/Stor/Comms 111,286 1,997 113,283 126,801 179 126,980 Finance 14,844 22 14,866 158,121 3 158,124 Construction
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    • Article
      Lock icon GAINERS
      74 10 BY CENTS CLOSE UP 52w high/low GLD US$ ***** 321.2 2.3 *****/***** Jardine C&C 3635 115.0 3.3 4269.7/2636 JMH USD 5040 92.6 1.3 6788/4502 JSH USD 2812 77.1 2.0 3693/2611 DBXT MSINDO us$ 1152 21.0 1.3 1492/911 BY PERCENTAGE CLOSE UP 52w high/low AP Strat W*****9 0.2 100.0 0.1
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    • Article
      Lock icon LOSERS
      77 10 BY CENTS CLOSE DOWN 52w high/low DBXT iBoxxKR US$ ***** -326.8 -1.5 *****/***** DBXT Nifty US$ ***** -145.9 -0.9 *****/***** Lyxor ThaiSET US$ ***** -64.5 -0.4 *****/***** DBXT S&PShort US$ 2087 -54.7 -1.8 2393/2086 DBXT China50 US$ 2998 -49.1 -1.2 4258/2750 BY PERCENTAGE CLOSE DOWN 52w high/low Elektromotive 0.2
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    • Article
      Lock icon UNUSUAL ACTIVITY
      84 10 VOL CLOSE($) CHANGE Zhongxin Fruit 1,554.0 0.016 -0.009 -36.00 Ace Achieve Info 45,421.5 0.027 +0.004 +17.39 Eucon 20,665.4 0.034 +0.007 +25.93 Terratech 41,540.0 0.056 +0.009 +19.15 HL Global Ent 35.1 0.082 -0.038 -31.67 Europtronic 30,862.3 0.009 +0.001 +12.50 Far East 3,538.5 0.165 -0.014 -7.82 Heatec Jietong 20.0 0.080
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    • Article
      Lock icon BROKERS’ TAKE
      487 10  -  Compiled by Kenneth Lim Serial System OVERWEIGHT Dec 7 close: S$0.129 Target price: S$0.20 NRA Research, Dec 7 WE note that the executive chairman and group CEO of Serial System, Derek Goh Bak Heng, is under investigation in relation to the Securities and Futures Act of Singapore. The
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    • Article
      Lock icon SGX ETFS
      109 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 296 +3 85 297/296 355/280 295/296 DBXT MSRussia US$ US175 -5 79 178/175 235/140 174/175 DBXT MSPHILS US$ US186.3 -1.6 40 186.3/186.3 233.2/178.2 186.5/187.1 14.9 IS MS INDIA US$ US657 -1 33 661/656 1000/648
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    • Article
      Lock icon Asian units weaken on signs of US rate hike
      387 11 CURRENCIES REUTERS Singapore MOST emerging Asian currencies eased on Monday after solid US jobs data cemented expectations that the Federal Reserve will raise interest rates next week for the first time in nearly a decade. China’s yuan hovered around a four-month
      REUTERS  -  387 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 11
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 Dec 7 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.982 4.697 0.675 5.681 48.836 101.429 0.904 8.561 3.093 1.094 76.837 34.550 1.028 10.540 0.732 24.033 26.278 0.485 0.733 Canada 1.018 4.782
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        Lock icon SHANGHAI COMPOSITE
        2 11
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      • Article, Illustration
        Lock icon DOW JONES
        2 11
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 Dec 7 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0278 1.0289 0.7328 0.7332 Canadian dollar 1.0465 1.0475 0.7464 0.7462 Euro 1.5227 1.5240 1.0857 1.0860 NZ dollar 0.9391 0.9404 0.6696 0.6701 Sterling pound 2.1175 2.1194 1.5098 1.5103
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 Dec 7 S$ Bid Offer 1-month 1.4035 1.4050 2-months 1.4049 1.4061 3-months 1.4063 1.4072 6-months 1.4091 1.4102 Source: OCBC
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      • Article, Illustration
        Lock icon NIKKEI
        1 11
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        210 11 Most active Dec 7 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Ntegrator Intl Ltd W*****3 0.4 0.1 ***** 1 1 3.50 35 Rowsley Ltd W*****3 2.9 -0.2 5724 1 18 10 KepCorp MB eCW*****2 8 0.7 3010 0.2
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        365 11 In local curr In S$ In US$ dy yr dy yr dy yr Dec 4 Index Change Change Change Change Change Change World Preliminary 1293.2 0.3 1.4 0.0 3.9 0.5 -1.4 EAFE Preliminary 1021.3 -0.8 3.5 -1.0 2.8 -0.5 -2.4 Europe Preliminary 1423.7 -0.5 3.0
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        389 11 Dec 7 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Dec15 *****.50 *****.00 *****.50 *****.00 *****6 *****9 Jan16 *****.50 *****.00 *****.50 *****.50 888 3513 NIKKEI 225 INDEX FUTURES Dec15 *****.00 *****.00 *****.00 *****.00 *****9 *****2 Mar16 *****.00 *****.00 *****.00 *****.00 ***** ***** MSCI TAIWAN
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    • BANK RATES
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        Lock icon INTERBANK RATES
        154 11 Dec 7 $S Offer Bid 0vernight 0.03 Par 1-month 0.9375 0.8125 2-months 1.0 0.875 3-months 1.0625 0.9375 Overnight mode: 0.03 US$ 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
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      • Article
        Lock icon GOVERNMENT SECURITIES
        61 11 Dec 7 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.42 5-Year N*****0S 2.000 01-Jul-20 100.05 10-Year NX*****Z 2.375 01-Jun-25 98.67 15-Year NZ*****F 2.875 01-Sep-30 100.78 100.95 100.80 20-Year NZ*****V 3.375 01-Sep-33 107.08 107.05 107.00 30-Year NA*****N 2.750 01-Apr-42
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        193 11 Dec-4 Price Net change change Last Trade Agricultural Dec-4 CBOT Soybeans (US cents/bu) 906.00 8.50 0.95% 14/01/2016 CBOT Soybean Oil (US cents/lb) 31.80 1.21 3.96% 14/12/2015 CBOT Wheat (US cents/bu) 471.25 6.50 1.40% 14/12/2015 Dec-4 LIFFE Cocoa (£/tonne) 2287.00 7.00 0.31% 14/12/2015 LIFFE Coffee (US$/tonne) 1536.00 -1.00 -0.07%
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      • Article
        Lock icon PALM OIL
        57 11 Dec 7 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 15 2217.0 2254.0 2217.0 2206.0 100 2765 Jan 16 2330.0 2357.0 2358.0 2323.0 3718 ***** Feb 16 2412.0 2436.0 2438.0 2400.0 ***** ***** Mar 16 2455.0 2475.0
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    • Article
      Lock icon SGX MAINBOARD
      1910 12 Transaction date: Dec 7 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil 90 42 8Telecom Last Sale AAT vol ('000) High Day Low Div 153 131.5 AIMSAMP Cap Reit GrYld 175.5 116.5 ARA Asset Mgmt 118 +1 423
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    • Article
      Lock icon SGX CATALIST
      380 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale 10.1 2.3 t Abundance Intl (’000) High Day LOW Div 25 4.5 t Alliance Mineral 15.5 +0.4 ***** 16 15.1 61.1 GrYld Net P/E MCap 35 3.6 1.6
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    • Article
      Lock icon SGX ETF
      113 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale vol 4258 2750 DBXT China50 US$ US2998 -35 12 2998 2986 8.2 High 409 226 DBXT MSBrazil US$ US254 -6 1 254 254 1750 1151 DBXT MSCHINA US$
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      Lock icon Page 7 Advertisements Column 1
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      Lock icon Page 8 Advertisements Column 1
      139 8 MEN'S HEALTH SINGAPORE URBANATHLON2016 UNLEASH YOUR POWER. CONQUER YOUR FEARS. 14KM ROUTE 9 OBSTACLES MAR 13, 2016 SUNDAY 7AM KALLANG PRACTICE TRACK SINGAPORE’S ORIGINAL OBSTACLE RACE IS BACK! Face off against the toughest obstacles you’ll find including a finale challenge and storm towards the finish line! EARLY-BIRD RATE AT ONLY
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      185 9 IN A CHANGING WORLD, SUCCESS IS A JOURNEY GENERATIONS TAKE TOGETHER. >r 9 -Jt “■V V 7fw MANAGING INHERITANCE We take care of every financial aspect of your inheritance Leaving you to focus on your most important Legacy: your values. With our expertise in managing inheritance, your wealth has a
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      71 12 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!
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  • REAL ESTATE
    • Article
      Lock icon Mortgages replace cash as Vietnam housing rebounds
      619 14 BLOOMBERG Ho Chi Minh City LE Trang, an office worker, and her husband Hung didn’t think they could afford a three-bedroom apartment in a high-rise in the suburbs of Ho Chi Minh City. The availability of a mortgage to finance the purchase of
      BLOOMBERG  -  619 words
    • Article, Illustration
      Lock icon The Fullerton Hotel gazetted as S’pore’s 71st National Monument
      662 14  -  The building’s transformation reflects how Singapore as a nation has transformed in one life-time, says PM Lee By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore THE former Fullerton Building, now known as The Fullerton Hotel, was gazetted on Monday by the National Heritage
      PHOTO: JOYCE FANG/ THE STRAITS TIMES  -  662 words
    • Article
      Lock icon Land bids point to property boom in China cities
      793 15 Unit prices far exceed those of nearby homes as developers have to meet low-cost housing quota REUTERS Beijing IN the Chaoyang district of north-east Beijing, a nondescript wall covered in patriotic posters protects one of the city’s most valuable treasures: a
      REUTERS  -  793 words
    • Article
      Lock icon Chinese demand for Australian homes down by up to 15%
      537 15 BLOOMBERG Sydney CHINESE demand, which helped propel a surge in Sydney homes, has dropped as much as 15 per cent from a year earlier as China’s stocks tumbled and the economy slowed, according to real estate agent McGrath. Buyers from
      BLOOMBERG  -  537 words
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      403 14 AUSTRALIAN PROPERTY FINANCE Have you recently bought an Australian property and need a loan to complete the transaction? Already own and want to ensure you have the best loan? CONTACT SPECIALIST MORTGAGE HERE IN SINGAPORE FOR A FREE IMPARTIAL REVIEW OF ALL YOUR OPTIONS. Illl W; www.smats.net E: smats@smats.net T:
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      44 14 PAYA UBI INDUSTRIAL PARK LEASE SALE $1.30psf $310psf 200 to 7,500 sq ft Own parking space (not inclusive in listed area) onwards Tel: 9090 2222 Office: 53 Ubi Avenue 1 #01-11 y www.omy.sg CS m mm i&WM 3 0M*0 1 0W SCAN&READ more blogs.omy.sg
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      3 14 Hong Fok Group
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      133 15 An initiative by T ripartite Alliance for Fair Progressive Employment Practices HOW CAN WORK-LIFE STRATEGY BOOST YOUR BUSINESS RESULTS? Low Cheong Kee Founder Managing Director of Home-Fix D.I.Y. Pte Ltd PRODUC Work-Life Strategy is a series of measures and initiatives that increases business productivity by helping your employees fulfil their
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  • BANKING & FINANCE
    • Article
      Lock icon Japan banks face tricky task of unwinding stocks
      1051 16 Top lenders may sell cross-shares with book value of 1.9t yen over next five years or so BLOOMBERG Tokyo A SOARING stock market and pressure from Prime Minister Shinzo Abe have eroded Japanese banks’ resistance to unwinding shareholdings in key corporate clients.
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      Lock icon In India, corporate transparency comes with puzzling questions
      536 16 REUTERS Mumbai INDIAN regulators have launched an unprecedented drive to boost corporate transparency, bombarding firms with disclosure demands, but clumsy execution has created suspicions of a box-ticking exercise that may not entirely achieve its aim. Poor disclosure among India-list-ed firms is a
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      2057 16 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices MIYOSHI LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****3979K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting (“AGM”) of Miyoshi Limited (the “Company”) will be held at 5 Second Chin Bee Road,
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      133 16 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF OPTICAL FIBER PTE. LTD. (In Members' Voluntary Liquidation) Reg No. *****4108N ("the Company") NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of
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      82 16 EQUIPMENT FOR SALE The following assets of a stainless steel/ aluminum fabrication company are available for sale on a "as is where is basis". 1. Yawei (Falcon) NC hydraulic pressbrake WEHK series (model 110/3100A) 2. Yawei (Falcon) hydraulic shearing machine QC12Y series model (model 6X3200) 3. Pipe threading machine 4.
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  • ENERGY & COMMODITIES
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      450 18 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
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      388 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF INVICTUS XPERIMENT PTE LTD (In Members’ Voluntary Liquidation) Reg No. *****6531R NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 6A Cairnhill Rise #03-05 Singapore *****2 on the
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      434 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SUNSHINE TOY TRADING PTE. LTD. (IN MEMBER’S VOLUNTARY LIQUIDATION) REG NO.*****2444K NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company deemed to have been held at 20 Collyer Quay #2106 Singapore *****9 on
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      446 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BLACKROCK PROPERTY SINGAPORE PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****5633D NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at Twenty Anson, 20 Anson Road #18-01 Singapore *****2 on the
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      90 18 cc From time to time things are going to change and your comfortable life will be in peril and you must be prepared to take uncomfortable choices to overcome them and get onto a new plateau. There is no just one sweet progression up to the heights.” Speaking at the
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      75 18 ASIA’S LARGEST EDUCATIONAL KIDS’ FAIR 18-20 MARCH 2016 (SCHOOL HOLIDAYS) SINGAPORE EXPO HALL 6 Be a part of SmartKids Asia 2016! CONTACT US NOW! Ms Suhaliana AM *****737 lianaali@sph.com.sg Mr Nicholas Tan *****972 tannich@sph.com.sg Mr Danial Heng *****273 danheng@sph.com.sg ere www.smartkidsasia.com Promote and sell your brand, products and services to
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  • THE BUSINESS TIMES RECRUIT Celebrate the Spirit of Giving
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      Lock icon Sportsmanship at its best
      535 19 The people working behind the scenes of the upcoming ASEAN Para Games share their experiences with us. For the first time, Singapore will be hosting the ASEAN Para Games (APG) a biennial multi-sport event held after every Southeast Asian Games for ASEAN athletes with physical disabilities.
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      505 19 SHIOK COLLECTIVE This December, Shiok Collective is fundraising for SportCares to support existing program needs and nutrition plans. SportCares’ programmes are designed to benefit children and youths in a sustainable manner through education, nutrition and empowerment. On top of this, they will
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      Lock icon FUNDS NEEDED
      348 19 COMMUNITY CHEST Give Hope to Mr Heng this Lunar New Year! Community Chest supports more than 80 charities in Singapore, allowing them to focus on caring for the less fortunate. Start your Lunar New Year well for a $50 donation, Community Chest will deliver a Fú Dài of
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      Lock icon HANDS NEEDED
      352 19 KWONG WAI SHIU HOSPITAL (KWSH) I’m just here for the chit-chat Love to chat non-stop? KWSH has a perfectly good excuse for you to do so! KWSH have created Chit Chat Clubs, where volunteers help to create an environment for residents to discuss current affairs and reminisce the
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  • TECHNOLOGY
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      Lock icon Australia to plough A$1.1b into switch from mining to tech
      471 20 Country consistently ranks last or second-last among OECD countries for business-research collaboration REUTERS Sydney PRIME Minister Malcolm Turnbull on Monday unveiled a A$1.1 billion (S$ 1.12 billion) package to boost innovation in Australia, using his first major economic policy statement
      REUTERS; PHOTO: AFP  -  471 words
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      Lock icon Dutchman offers Smog Free Tower to clean Beijing air
      680 20 Artist to look for partners in China to build and instal his outdoor air purifier if the mayor’s office gives approval BLOOMBERG Tokyo LIU Min, an expectant mother in Beijing, is worried about her baby’s future. She gets anxious when she
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    • Article
      Lock icon High-impact ads may be Perion CEO’s best bet to save company
      650 20 BLOOMBERG New York YOU’RE scrolling through news on your smartphone and suddenly an animated chainsaw slices the screen image in two, revealing a red Ford F-150 serenaded by hard-charging guitar rock. In the world of online publishing, this is
      BLOOMBERG  -  650 words
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      76 20 NOTICES Notice of Appointment of a Liquidator under Section 204 of the BVI Business Companies Act. VENDOME PACIFIC LTD. (In Voluntary Liquidation) Company No. *****8 NOTICE is hereby given pursuant to Section 204, subsection (b) of the BVI Business CompaniesAct,2004thattheCompanyisinvoluntaryliquidation.Thevoluntaryliquidation commenced on 3rd day of December, 2015. The Liquidator is
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      28 20 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
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      30 20 SELL YOUR CAR BY BIDDING RECEIVE HIGHEST SELLING PRICE IN 1 WORKING DAY Call us now for a FREE Car Valuation 6744 7571 ONLINE BIDDING BYOVER 300 USEDCAR DEALERS! www.sgcarmart.com/quotz
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  • CONSUMER
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      Lock icon Japan city Matsuyama becomes nation’s top avocado producer
      605 21 WP Matsuyama, Japan SEVEN years of hard work spent trying to cultivate avocados finally bore results this year in Matsuyama, Japan. The city, on the island of Shikoku, has seized upon the opportunity to diversify and become the nation’s leading avocado production
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    • Article
      Lock icon Toshiba faces record 7.4b yen fine for falsifying earnings
      700 21 Securities and Exchange Surveillance Commission mulling over whether to recommend penalties against former top execs: sources BLOOMBERG Tokyo JAPAN’S Securities and Exchange Surveillance Commission has recommended fining Toshiba Corp about 7.37 billion yen (S$83.8 million) for falsifying earnings, the largest financial
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      334 21 IMPROVE YOUR GAME WITH THE BUSINESS TIMES businesstimes.com.sg 1 I IS j 4 f 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 TomTom Golfer GPS
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  • GOVERNMENT & ECONOMY
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      Lock icon Negative deposit rates not necessary, says Kuroda
      1146 22 He says borrowing costs are already very low due to the central bank’s aggressive asset purchases REUTERS BLOOMBERG Tokyo BANK of Japan governor Haruhiko Kuroda said on Monday that he saw no need to implement negative deposit rates in Japan as borrowing costs
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    • Article
      Lock icon Japan manufacturers’ mood up: Reuters Tankan
      453 22 Poll results suggest that the economy is emerging from recession, but service sector mood dips REUTERS Tokyo CONFIDENCE among Japanese manufacturers bounced in December for the first time in four months and it is seen inching up ahead, a Reuters poll found, suggesting that
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      Lock icon Indonesia mining graft scandal casts pall over House Speaker
      902 22 BLOOMBERG Jakarta INDONESIAN Vice-President Jusuf Kalla has called on Parliament’s Speaker to step down over a recording suggesting he sought shares in Free-port-McMoRan’s Indonesian unit in return for helping the mining giant extend its government contract to operate. A parliamentary ethics
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    • Article
      Lock icon Anti-graft agency questions donor of funds in Najib’s account: NST
      238 22 REUTERS Kuala Lumpur MALAYSIA’S anti-graft agency has interviewed the donor behind deposits of RM2.6 billion (S$861.2 million) that were placed in Prime Minister Najib Razak’s bank account, the New Straits Times reported on its website on Monday, citing an agency
      REUTERS  -  238 words
    • Article
      Lock icon Americans stock up on weapons after California shooting
      699 23 REUTERS Atlanta AT A gun range in Atlanta on Sunday, four days after the deadliest Islamic State-inspired attack on American soil, Brandon Langley practised firing his AR-15 semiautomatic assault rifle. “If people were armed, it would have changed the outcome totally,” Mr
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      Lock icon China’s new growth drivers stand out
      709 23 High-tech and consumer-oriented companies seen outperforming those in industrial and financial sectors BLOOMBERG New York WHILE Chinese President Xi Jinping’s vision of an economy dominated by high-tech and consumer-oriented companies may be years away, they’re already standing out from their old-growth counterparts when it
      BLOOMBERG; PHOTO: AFP  -  709 words
    • Article
      Lock icon China forex reserves plunge to lowest level since February 2013
      535 23 REUTERS Beijing CHINA’S foreign exchange reserves, the world’s largest, fell by US$87.2 billion in November to US$3.44 trillion, central bank data showed on Monday, the lowest level since February 2013 and the third largest monthly drop on record. Analysts blamed
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    • Article
      Lock icon German industrial output up 0.2%
      448 23 October’s rise is lower than forecast but is the first positive reading in three months BLOOMBERG Frankfurt GERMAN industrial production rose less than economists predicted in October amid a slump in energy output. Output, adjusted for seasonal swings and inflation, rose 0.2 per cent from
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    • Article
      Lock icon Japan to launch unit that analyses data on international terrorism
      325 23 AFP Tokyo JAPAN is launching a new diplomatic unit this week to collect and analyse information on international terrorism, the government said on Monday, in light of attacks on its citizens overseas and global assaults including those last month in
      AFP  -  325 words
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  • TRANSPORT
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      Lock icon China’s budget airlines spreading their wings, adding new routes
      949 24 Low-cost carriers account for 7 per cent of China’s domestic air travel market, and that is expected to more than double by 2020 REUTERS Beijing XIA Lili, marketing chief at a private-ly-owned Shanghai software firm switched to flying with Spring Airlines
      REUTERS; PHOTO: BLOOMBERG  -  949 words
    • Article
      Lock icon VW denies shareholder sought to curb union role
      533 24 REUTERS Berlin VOLKSWAGEN (VW) has denied a report saying its chief executive and chairman were urged on Sunday by its third-largest shareholder to reduce the influence of VW’s powerful unions as it battles to overcome its emissions scandal. CEO Matthias Mueller and
      REUTERS  -  533 words
    • Article
      Lock icon Man subdued on Lufthansa flight after he tampers with cabin door
      355 24 AFP Berlin LUFTHANSA crew and passengers overpowered a man who tampered with a cabin door on a Frankfurt-to-Belgrade flight on Sunday, the German carrier said, insisting that the plane’s safety was not threatened. “A passenger got up and tried
      AFP  -  355 words
    • Article
      Lock icon International airport in Chennai reopens
      349 24 AFP Chennai, India INDIA’S main airport in flood-devas-tated Tamil Nadu state reopened on Sunday as emergency workers strove to help thousands of residents forced to flee their inundated homes. The international airport in the state capital Chennai had closed on Wednesday leaving thousands of passengers
      AFP  -  349 words
    • Article
      Lock icon China’s private airlines to get fairer deal in slot selection
      213 24 REUTERS Beijing CHINA is making allocation of new time slots at some key airports a competitive process, a move that could give private airlines a fairer opportunity to get some desired slots compared with state-owned carriers which have been favoured
      REUTERS  -  213 words
    • Article
      Lock icon SHIPPING TIMES
      768 34 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
      768 words
  • Page 24 Advertisements
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      48 24 HOT PROPERTY 4900/ 1650/ 6550/ 5100sqft North Bridge Rd/corner/MRT Immed. Suits gym/ designer office/ retail/ service office. **THOMSON PLAZA #01. 615sf Dual-frontage Regular shaped. Heavy traffic. Immed. Low neg. LOOKING FOR A SHOP SPACE TO RENT? Check out these properties and more in The Straits Times Classified now!
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      26 24 Analysts: Developers'bid prices for govt land next year may be higher by 5% bid prices for govt land To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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  • SINGAPORE PRODUCTIVITY AWARDS 2015
    • Article, Illustration
      Lock icon Celebrating productivity excellence
      1511 25 SBF’s annual productivity awards honour eight businesses for achieving significant results. BY NARENDRA AGGARWAL AS Singapore’s economy matures and enters a slower growth phase, future economic expansion will have to be strongly supported by productivity gains. The country faces a tight labour market and manpower costs are
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      Lock icon Jumbo leverages IT, refines processes
      821 26  -  The &B firm banks on a central kitchen and automation to allow more revenue generating space at its outlets. REPORTS BY NARENDRA AGGARWAL FOR the food and beverage (F&B) companies in Singapore, the two main challenges are manpower and rising rental costs. While productivity initiatives
      821 words
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      Lock icon Marriott takes mobile app route
      586 26 Platform saves time as information can be viewed on the go, be it for guests’ requests, engineering work or meetings SERVING wine has taken on a new meaning at the Singapore Marriott Tang Plaza Hotel. The hotel has installed an innovative wine dispenser system as
      586 words
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      Lock icon M1 enhances data centre operations
      513 28  -  As a dynamic communications company, M1 has identified several productivity pillars: technology, people, processes and customer-centricity. REPORTS BY NARENDRA AGGARWAL REPORTS BY NARENDRA AGGARWAL DOING business in Singapore’s highly competitive communications market, productivity is critical to M1 ’s continued success, in view of the country’s
      513 words
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      Lock icon PTC implements automated storage and retrieval system
      590 28 The logistics firm plans to use robotics in the warehouse to speed up export operations SPA winner, Poh Tiong Choon Logistics (PTC), had modest beginnings when it was founded in 1950 as an owner-oper-ated transport company. Over the years, the company grew together
      590 words
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      Lock icon Mencast goes for spider jet robotic cleaning
      665 29  -  Tricky job of scraping off paint from large oil tanks and repainting them now much easier for the maintenance, repair and overhaul player. REPORTS BY NARENDRA AGGARWAL REPORTS BY NARENDRA AGGARWAL Leveraging a new spider jet robotic cleaning device, Mencast Holdings has been
      665 words
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      Lock icon CWT takes the sector approach
      535 29 It leads the industry in keeping ahead of the logistics game TRANSHUB, Singapore’s first of its kind multimodal container transportation hub, was conceptualised by home grown CWT to facilitate resources sharing and consolidation of trucking operations among local hauliers, thereby enhancing productivity of the container
      535 words
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      Lock icon Yeo Hiap Seng taps manufacturing intelligence
      552 30  -  New system in Singapore automated plant shows an effective way to tackle competition from lower-cost markets. REPORTS BY NARENDRA AGGARWAL markets.REPORTS BY NARENDRA AGGARWAL THREE years ago, when home-grown beverage and food company Yeo Hiap Seng (YHS) decided to expand its Singapore plant, raising
      552 words
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      Lock icon Charles & Keith redesigns work process
      690 30 Charles Keith redesigns work process Streamlining frontline service, shortening merchandise retrieval give staff more time to engage customers CHARLES Keith, a leading footwear and accessories company, has been busy redesigning the work processes in its more than 450 stores to increase the productivity of frontline employees. It has been streamlining
      690 words
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      Lock icon SBF launches two new programmes
      988 31  -  The initiatives aim to help firms improve their performance and move forward with confidence. BY NARENDRA AGGARWAL AS the country’s apex business chamber championing the interests of the business community, the Singapore Business Federation (SBF) has launched two new programmes to help companies improve their
      PHOTO: SINGAPORE BUSINESS FEDERATION; FILE PHOTO  -  988 words
  • Page 25 Advertisements
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      50 25 Presented by: Knowledge Partner: SINGAPORE BUSINESS FEDERATION Apex Business Chamber 4* DP INFORMATION GROUP "Buifcfing frusf in o connected wodd" Supporting Organisations: RESTAURANT ASSOCIATION OF I SINGAPORE 4b SINGAPORE HOTEL ASSOCIATION SiTF SINGAPORE L E I 5 T I C 5 ASSOCIATION SPRING SRA Singapore Enabling Enterprise SINGAPORE RETAILERS ASSOCIATION
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      66 26 The Natural Choice BBB too We are hononured to receive the Singapore Productivity Award 2015 Thank you for being a part of our journey and for supporting us all these years! [ftrjfJflnWffi Winter wm soy xddeo preservatives MtlWl PUMrwtlvtt y Y\m So*®** ;> s F j let 250 ml Het
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  • Page 28 Advertisements
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      56 28 SG 50 c we me logistics. EveRijwheRe. CWT is a world leader in integrated logistics solutions For more information, visit www.cwtlimited.com. Singapore V/i PRODUCTIVITY AWARDS X 1 I: Singapore Business Federation <: > •'jfc. v V V > > V VN s. CWT Limited I 38 Tanjong Penjuru, Singapore *****9
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      63 29 ft Singapore V/i PRODUCTIVITY 1 AWARDS Singapore Business Federation The secret of our winning: Our People JMMI3® GROUP OF RESTAURANTS I iX Bonding people through food JMMB® SEAFOOD 'f —V (*.~y <T O MB v 1 I »P0G HOTPOT SINGAPORE STYLE 4' i; k ii»i iEiii o 4 n s
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      219 30 of growth years 65 Celebrating and development The Chemical Logistics Complex is strategically located at the heart of Jurong Island. The Complex comprises a 5-storey warehouse, a chemical-drumming plant, storage facilities for dangerous cargo and a high density automated storage and retrieval system *ASRS* At a height of 39 metres,
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  • OPINION
    • Article
      Lock icon Climate-change agreement would need follow-up to verify pledges
      595 32 EDITORIAL DELEGATES from 195 nations have managed to patch together a draft agreement at the Paris climate talks. Now it is up to the ministers and senior diplomats to put in the finishing touches. The main points are known as are the
      595 words
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      Lock icon US faces a dilemma on taxing MNCs
      794 32  -  THE BOTTOM LINE By Robert Samuelson WHOEVER wins the White House next year will have to deal with an issue of almost-impenetrable complexity and contentiousness: How to tax multinational companies? On the one hand, large global firms which have never been shy about
      794 words
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      Lock icon Wage scene puts Fed rate hike in doubt
      1262 32  -  Yet, the regulator may just bite the bullet to signal that the era of easy money is over By Leon Hadar ROBUST job growth in the United States in November is creating a momentum that is expected to put pressure on policymakers
      PHOTO: REUTERS  -  1,262 words
    • Article
      Lock icon Keeping environmental sustainability top of mind
      1000 33  -  COMMENTARY By Thirawit Leetavorn T The writer is senior executive vice-president at Double A ENVIRONMENTAL sustainability has been top of mind in recent months. Singapore and other countries across South-east Asia have been plagued by haze as a result of agricultural fires in Indonesia;
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    • Article
      Lock icon Yuan’s inclusion in SDR both a boon and bane for China
      705 33  -  By Elliot Hentov, George Hoguet T The writers are, respectively, head of policy and research, official institutions group, and global investment strategist, investment solutions group, at State Street Global Advisors (SSGA). This commentary is an abbreviated version of a
      705 words
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      Lock icon It’s back to the strategy drawing board for banks
      970 33  -  Those that move quickly to define clear strategic paths and priorities will be able to control their destiny. BY NIELS PEDER NIELSEN, THOMAS OLSEN T The writers are partners at Bain Company and members of Bain's Financial Services Practice. Follow @BainInsights
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    • Article
      Lock icon KLW not the first scandal of Catalist regime
      472 33  -  LETTER TO THE EDITOR Nathaniel CV Director, rht Capital Pte Ltd WE refer to the article “Serious lapses at KLW could taint Catalist’s clean record” (BT, Nov 12) by Kenneth Lim and wish to clarify the following: IKLW is not the first
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      194 34 PLACE YOUR AD HERE THE BUSINESS TIMES SHIPPING TIMES CALL JOE WONG AT 9620 1327 TO ADV n n FREIGHT I FORWARDER I I urgently needed by shippers I Can they find your services here in -the Shipping Times? RTISE, JOE WONG AT 9620 1 THE BUSINESS TIMES Si PING
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  • LIFE & CULTURE
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      Lock icon China sets ball rolling for World Cup glory
      913 35 It trains young players and buys US$400m stake in Manchester City as it hopes to shake off its lowly place on the world’s soccer ladder REUTERS Shanghai WANG Shijie, 11, is a rising star among the nearly 3,000 students at Guangzhou Evergrande’s
      REUTERS; PHOTO: REUTERS  -  913 words
    • Article
      Lock icon One young girl’s desire to end America’s chronic food waste
      992 35 WP Washington ONE of the most profound contradictions of modern America is that more than 45 million Americans don’t have enough to eat, but the country wastes an estimated 40 per cent of its food. The forces fuelling this paradox
      WP  -  992 words
    • Article
      Lock icon Daiwa embraces health, fitness drive this holiday season
      288 35 BLOOMBERG Tokyo DAIWA Securities Group Inc has a message for its staff this holiday season: Go easy on the sushi and sake. Japan’s second-biggest brokerage is encouraging its 13,600 domestic employees to eat and drink moderately for 30 days from Dec 14.
      BLOOMBERG  -  288 words
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      Lock icon DBS staff help the disabled sail on the bank’s new boats
      166 35 STAFF members from DBS an official sponsor of the ongoing Asean Para Games (APG) were busy on Sunday at Marina Bay as they brought beneficiaries from Society Staples to experience sailing on board the bank’s new SM40 sailboats. Society
      166 words
  • Page 35 Miscellaneous
    • Miscellaneous
      Lock icon Page 35 Miscellaneous Column 1
      280 35 CRYPTIC CROSSWORD Across 7 Charge independent politician separately (7) 9 Tree maintenance (7) 10 Conservative inclined towards socialism is divided (5) 11 Complain and put down joiner (9) 12 Confined below, lay, knocked out (5,4,3,3) 13 Followed across river, being towed (7) 16 Income steady in Parisian’s street (7) 19
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  • SME
    • Article
      Lock icon Don’t deprive your business of a succession plan
      1739 36  -  It could well save the business in the event that something untoward happens to the owner. BY SATTAR BAWANY owner.BY SATTAR BAWANY T The writer is the CEO and C-Suite master executive coach of Centre for Executive Education (CEE Global) THE motivation
      1,739 words
  • Page 36 Advertisements
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      301 36 Performance Motors Limited pml-bmw.com.sg Sheer Driving Pleasure FOR THOSE WHO LOVE THRILLS, HERE IS THE PERFECT CHRISTMAS GIFT. THE BMW 3 SERIES SPORT LINE AND BMW 5 SERIES EDITION SPORT PRO PRICED FROM $169,800*. This Christmas, BMW promises you a Christmas to remember. Because with BMW, its driving pleasure is
      301 words