The Business Times, 12 December 2015

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Microfilm: NL33709
Total Pages: 41
1 16 The Business Times
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      54 2 CONTENTS LIVING Design L2-5 NEWS Top Stories 2-6 Star Wars 7 Raffles Conversation 8-9 Companies Markets 10-14 Real Estate 15-16 Banking Finance 17 Energy Commodities 18 Technology 19 Consumer 20 Transport 21 Govt Economy 22-25 Opinion 26-27 Wealth 28-30 Life Culture 31 Dining L6-9 Beauty L10-11 Style L12 Health L13
      54 words
  • TOP STORIES
    • Article, Illustration
      Lock icon Taskforce to improve disease outbreak detection and response
      625 2  -  Group comprises 7 specialists in infectious diseases, systems engineering, data science By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore THE Ministry of Health (MOH) has set up a seven-member taskforce to beef up the detection and response to disease outbreaks, particularly those that are
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    • Article
      Lock icon Raffles City Singapore remains jointly owned by CCT, CMT
      231 2  -  By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore CAPITALAND has issued a clarification that the entire Raffles City Singapore which includes a shopping mall, an office tower, two hotels and a convention centre is jointly owned by CapitaLand Commercial Trust (CCT) and CapitaLand
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    • MARKETS
      • Article
        Lock icon STOCKS
        59 2 HSTI 2,834.63 (-13.83) HSTI FUTURES 2,826.00 (-16.00) HSIMSCI 317.78 (-1.33) HSIMSCI FUTURES 316.10 (-2.40) STOCKS Friday Change KL COMP 1,640.14 -8.51 NIKKEI 225 19,230.48 +183.93 HANG SENG 21,464.05 -240.6 SET 1,280.92 -16.90 JAKARTA 4,393.52 -72.69 MANILA 6,735.01 -85.59 KOSPI 1,948.62 -3.45 SHENZHEN B 1,273.47 +3.88 MUMBAI IND 25,044.43 -207.89
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      • Article
        Lock icon PRIME RATES
        29 2 SINGAPORE 5.35 MALAYSIA 6.85 HONG KONG 5.00 INDONESIA 14.432 TAIWAN 4.966 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.70 SWITZERLAND 0.50 INDIA 14.05 Source: Bloomberg
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      • Article
        Lock icon FOREX
        49 2 US$ S$ US$ (S$ per US$) 1.406 (US$/S$ per 1.515 2.130 EURO (US$/S$/€ 1.095 1.540 Foreign currency per US$ S$ YEN 122.00 86.70 RM 4.282 3.045 HK$ 7.750 5.511 BAHT 36.05 25.63 RUPIAH 13,947 9,917 RENMINBI 6.455 4.589 INDIAN RUPEE 66.78 47.48 A$ 1.378 0.980 NZ$ 1.477 1.050
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    • Article, Illustration
      Lock icon Singapore’s financial hub status helps nurture local banking leaders
      764 4  -  It offers opportunities; so does a long stint at the same bank, says Credit Suisse veteran By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore AMID angst over finding Singapore leaders in banking, there are clear signs that local talent is rising through the
      SPH FILE PHOTO  -  764 words
    • Article
      Lock icon Strength in SGD-bond market to lift M&A activity in Asia
      766 4  -  By Jamie Lee leejamie@sph.com.sg @JamieleeBT Singapore THE emergence of the Sing-dol-lar bond market will help spur acquisitions in the Asian region, as companies find it a compelling alternative to US-dollar bond market, according to a top executive from Credit Suisse.
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    • Article, Illustration
      Lock icon Abe’s corporate tax cuts a concrete bargaining chip, says analyst
      762 5  -  But critic says cuts may help keep firms from fleeing overseas, but won’t spur investment By Anthony Rowley btworld@sph.com.sg Tokyo PRIME minister Shinzo Abe’s pledge to cut corporate taxes in order to get Japanese firms to step up capital investment
      PHOTO: REUTERS  -  762 words
    • Article, Illustration
      Lock icon Design of the Year award goes to 13 projects here
      1073 6  -  They include a building in Sungei Kadut and a mask that keeps out the haze By Tay Suan Chiang taysc@sph.com.sg @TaySuanChiangBT Singapore A BRIGHT yellow building is not something you would expect to see in the Sungei Kadut industrial area,
      PHOTO: DESMOND WEE/THE STRAITS TIMES  -  1,073 words
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      683 3 ADVERTORIAL When sleep quality matters airweave’s high resilience and body pressure distributing materials will give you the much deserved rest you need Research has shown that it is during deep sleep and with lower core body temperatures that the body produces growth hormones. These growth hormones help children grow and
      683 words
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  • FOCUS
    • Article, Illustration
      Lock icon Numbers to be reckoned with
      226 7  -  With the seventh Star Wars movie, The Force Awakens, opening in cinemas on Dec 17, here’s a glimpse of the power of the franchise. BT Infographics Text: Christopher Lim US$20 billion Merchandising revenue the first six Star Wars films have generated since 1977. US$5.3 billion
      Source: Reuters, Forbes, Variety, Electronic Arts; BTGraphics: Simon Ang, Lynette Neo  -  226 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Harsh truths of realpolitik
      2546 8 / 9  -  realpolitikJose Ramos-Horta, East Timor’s former president, says the fledgling nation is more politically stable than ever before, even though the world is not. By Cai Haoxiang By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT FOR someone who spent 24 years of his life as a small, unrecognised nation’s lone
      PHOTO: LAURA NG  -  2,546 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Cosco Corp fate clouded by parent’s merger
      712 10  -  Market awaits clarity on whether it would be delisted from SGX as part of the deal By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore THE fate of Singapore-listed Cosco Corporation (S) looks uncertain as the proposed merger between the shipping businesses of its Chinese
      PHOTO: BLOOMBERG  -  712 words
    • Article, Illustration
      Lock icon SingPost shares recoup some losses despite CEO’s resignation
      430 10  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore SHAREHOLDERS of mainboardlisted mail and e-commerce group Singapore Post appeared on Friday to have largely taken well-liked group chief executive officer (CEO) Wolfgang Baier’s sudden resignation in their stride. SingPost shares opened four cents or 2.3
      FILE PHOTO; Source: Bloomberg  -  430 words
    • Article, Illustration
      Lock icon Weak oil, looming US rate hike mark ho-hum week
      511 11  -  STOCKS R Sivanithy sivan@sph.com.sg @RSivanithyBT Senior Correspondent THE impending Christmas holidays combined with ever-weak-ening oil prices and next week’s US Federal Open Market Committee meeting made for yet another forgettable week for the local stock market, in which the Straits Times
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    • Article
      Lock icon GAINERS
      78 11 BY CENTS CLOSE UP 52w high/low DBXT S&PShort US$ 2125 53.4 1.8 2393/2086 Lyxor Nasdaq US$ 1842 15.5 0.6 1865/1598 DBXT Vietnam US$ 2214 11.3 0.4 2786/2139 Global Testing 114 9.0 8.6 290/85 Khong Guan Flour 204 7.0 3.6 227/193 BY PERCENTAGE CLOSE UP 52w high/low S Chance Prop
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    • Article
      Lock icon LOSERS
      76 11 BY CENTS CLOSE DOWN 52w high/low DBXT China50 US$ 2851 -206.7 -4.9 4258/2750 JMH USD 4717 -202.5 -3.0 6788/4502 Lyxor Indonesia US$ 6921 -202.5 -2.0 9182/6250 DBXT MSAsExJp US$ 3150 -122.3 -2.7 4064/2973 Jardine C&C 3380 -112.0 -3.2 4258/2636 BY PERCENTAGE CLOSE DOWN 52w high/low AIM 19.4 -66.6 -38.6
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    • Article
      Lock icon MOST ACTIVE
      38 11 VOLUME Jasper Inv 36,232,600 SunMoon Food 28,107,700 Geo Energy Res 26,759,600 BHG Retail Reit 23,836,900 NOL 23,768,900 Market volume 1,107,596,000 VALUE Singtel 65,506,838 OCBC Bank 48,793,157 DBS Grp 41,422,530 UOB 39,030,077 NOL 29,044,351 Market value 832,399,000
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    • Corporate digest
      • Article
        Lock icon Ryobi Kiso Holdings
        70 11 GROUND engineering solutions firm Ryobi Kiso has won another S$26.4 million in contracts, bringing the total value of contracts it has bagged since January 2015 to S$114.7 million, it said in a Singapore Exchange filing on Friday. The group’s net order book stood at S$160.8 million as
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      • Article
        Lock icon Oxley Holdings
        57 11 PROPERTY firm Oxley Holdings said in a bourse filing on Friday that its 75 per centowned subsidiary Oxley Sapphire (Cambodia) has inked a memorandum of understanding with hotel manager Swiss-Belhotel International, related to services for a branded residence and a hotel in Cambodia. Oxley shares closed half a
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      • Article
        Lock icon Perennial Real Estate
        91 11 PUA Seck Guan, chief executive officer and executive director of property firm Perennial Real Estate Holdings, will be Wilmar International’s chief operating officer (COO) with effect from Jan 1, 2016, Perennial said in a bourse filing on Friday. Mr Pua will keep his Perennial roles. Wilmar's chairman
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    • Article
      Lock icon Difficult 2016 for investors in Asia: Nomura
      454 11  -  By R Sivanithy sivan@sph.com.sg @RSivanithyBT Singapore NOMURA analysts believe that a difficult 2016 awaits investors in this part of the world as Asia’s growth slowdown appears to be structural and there is a rising risk of a credit crunch because of rising US
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    • Article
      Lock icon STI STOCKS
      305 12 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 226 cd -2 228/225 271 213 6.5 5722.9 CapitaLand 314 -4 319/313 379 267 11.5 2.9 *****.9 CapitaMall Trust 188 -1.5 190/188 228 184.5 5.8 6533.5 CityDev 712 -3 718/711 1095 711
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    • Article
      Lock icon SGX ETFs Most Active
      112 12 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 289 -2 540 292/289 355/280 288/289 Lyxor World US$ US164.9 xd -2.2 56 164.9/164.8 183.5/155.9 164.6/165.5 16.5 IS MS INDIA US$ US640 -7 48 649/640 1000/640 640/644 80 DBXT MSBrazil US$ US248 -11 48
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    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      787 12 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Dec 7 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Fragrance Grp 10-Dec-15 Koh Wee Meng Buy 200 0.20 *****00 74.34 *****00 74.34 Fragrance Grp 10-Dec-15 Lim
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 12 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 8 2 0 1 0 2 9 2 Manufacturing 31 44 28 3 11 12 34 55 40 Commerce 15 19 16 0 9 2 15 28 18 Tpt/Stor/Comms 10 18 6
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      Lock icon SECURITIES TRADING TURNOVER
      123 12 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 9,678 6,302 15,980 30,975 2,158 33,133 Manufacturing 104,497 23,860 128,357 80,894 2,203 83,097 Commerce 74,281 10,885 85,166 72,913 609 73,522 Tpt/Stor/Comms 134,643 5,818 140,461 184,538 494 185,032 Finance 18,188 15 18,203 145,077 2 145,079 Construction
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 12 Dec 11 VALUE CLOSE BT OB/OS -467.00 -55.00 BT CADI -*****.00 -119.00 BT 10-day MA -*****.00 -47.00 FTSE ST Mid Cap 662.39 -3.89 FTSE ST Small Cap 397.94 -3.48 FTSE ST All Share 683.62 -4.59 FTSE ST China Top 169.19 -1.34 FTSE ST China 204.16 -1.04 FTSE
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    • Article
      Lock icon UNUSUAL ACTIVITY
      83 12 VOL CLOSE($) CHANGE AIM 30.0 0.194 -0.386 -66.55 Singapore-eDev 2,525.1 0.040 +0.017 +73.91 Jasper Inv 36,232.6 0.012 +0.004 +50.00 China Jishan 50.0 0.035 -0.005 -12.50 Zhongxin Fruit 512.0 0.011 -0.004 -26.67 Del Monte Pac 9,157.6 0.420 +0.045 +12.00 Leader Env 100.0 0.046 +0.009 +24.32 Intraco 10.0 0.280 -0.065
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    • Article
      Lock icon COMMODITY FUTURES
      193 13 Dec-10 Price Net change change Last Trade Agricultural Dec-10 CBOT Soybeans (US cents/bu) 878.25 1.50 0.17% 14/01/2016 CBOT Soybean Oil (US cents/lb) 31.51 0.65 2.11% 14/12/2015 CBOT Wheat (US cents/bu) 484.50 6.50 1.36% 14/12/2015 Dec-10 LIFFE Cocoa (£/tonne) 2244.00 -21.00 -0.93% 14/12/2015 LIFFE Coffee (US$/tonne) 1522.00 -4.00 -0.26%
      193 words
    • Article
      Lock icon PALM OIL
      60 13 Dec 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 15 2250.0 2222.0 2250.0 2250.0 9 1530 Jan 16 2290.0 2342.0 2342.0 2280.0 2576 ***** Feb 16 2393.0 2441.0 2442.0 2382.0 ***** ***** Mar 16 2450.0 2500.0
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    • Article
      Lock icon GOVERNMENT SECURITIES
      67 13 Dec 11 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.63 100.71 100.66 5-Year N*****0S 2.000 01-Jul-20 100.51 100.60 100.58 10-Year NX*****Z 2.375 01-Jun-25 99.18 99.70 99.35 15-Year NZ*****F 2.875 01-Sep-30 101.2 101.80 101.40 20-Year NZ*****V 3.375 01-Sep-33 107.57
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 13 Dec 11 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0203 1.0211 0.7257 0.7258 Canadian dollar 1.0304 1.0313 0.7331 0.7329 Euro 1.5396 1.5406 1.0950 1.0951 NZ dollar 0.9519 0.9527 0.6770 0.6772 Sterling pound 2.1294 2.1313 1.5145 1.5150
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    • Article
      Lock icon BONDS, WARRANTS, PREFERENCE SHARES
      208 13 Most active Dec 11 Prem Expiry Last Vol Conv Exer Disc Gear-Mths Company Sale +or-('000) Ratio Price ing Left Rowsley Ltd W*****3 3 -0.1 2971 1 18 10 OCBC Bk MB eCW*****1 4.3 -0.1 2446 0.2 900 1 Singapore Post MB eCW*****1 0.9 -0.2 2050 0.2
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INT’L INDICES
      365 13 In local curr In S$ In US$ dy yr dy yr dy yr Dec 10 Index Change Change Change Change Change Change World Preliminary 1275.0 0.0 -0.1 -0.1 3.0 0.0 -2.6 EAFE Preliminary 1000.3 -0.5 1.4 -0.6 1.7 -0.5 -3.9 Europe Preliminary 1394.0 -0.3 0.9
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    • STOCK MARKETS
      • Article, Illustration
        Lock icon Straits Times Index
        22 13 YTD change: -15.77% 52-week high: 3,539.95 on April 15, 2015 52-week low: 2,787.94 on Sept 29, 2015 Source: Bloomberg
        Source: Bloomberg  -  22 words
      • Article, Illustration
        Lock icon Hang Seng Index
        21 13 YTD change: -9.07% 52-week high: 28,442.75 on April 28,2015 52-week low: 20,556.60 on Sept 29, 2015 Source: Bloomberg
        Source: Bloomberg  -  21 words
      • Article, Illustration
        Lock icon Shanghai Stock Exchange Composite
        22 13 YTD change: +6.18% 52-week high: 5,166.35 on June 12, 2015 52-week low: 2,925.74 on Dec 11,2014 Source: Bloomberg
        Source: Bloomberg  -  22 words
      • Article, Illustration
        Lock icon Nikkei 225
        19 13 YTD change: +10.20% 52-week high: 20,868.03 on June 24,2015 52-week low: 16,755.32 on Dec 16,2014 Source: Bloomberg
        Source: Bloomberg  -  19 words
      • Article, Illustration
        Lock icon Dow Jones Industrial Average
        26 13 ytd change: -1.39% 52-week high: 18,312.39 on May 19,2015 52-week low: 15,666.44 on Aug 25,2015 (Chart shows Thursday’s index closing) Source: Bloomberg
        Source: Bloomberg  -  26 words
    • Article
      Lock icon SanDisk acquisition: CCS seeks feedback
      243 14  -  It was told that the two companies overlap globally in the supply of only enterprise SSDs By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore SINGAPORE’S antitrust body said on Friday it is seeking feedback over the US$19 billion acqui- sition of SanDisk Corp by US giant Western
      243 words
    • Article, Illustration
      Lock icon Stabilisation helps BHG Reit price on debut day
      423 14  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore STABILISING action saved the day. Units of BHG Retail Reit traded in a narrow range of between S$0.80 and S$0.805 during its three-hour session on Friday, its first trading day, which started at 2pm. The Chinese
      Source: Bloomberg  -  423 words
    • Article, Illustration
      Lock icon ’Tis the season for family togetherness at some banks
      433 14  -  By Arthur Lee arthurl@sph.com.sg Singapore “MY frog can fly higher and further than your frog!” said one child to another. The children were having fun whacking a small mallet on a tiny see-saw to make their frog jump into one of
      PHOTO: ARTHUR LEE  -  433 words
    • Article
      Lock icon Kyodo-Allied to relist as Eindec Corp on Catalist
      257 14  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore AFTER doing so badly that its mainboard listing was subject to a reverse takeover a few years ago, the former Kyodo-Allied Industries will relist under a different name, and on the Catalist board this time. Weiye
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  • REAL ESTATE
    • Article, Illustration
      Lock icon US developer bets on strong rental demand
      1156 15 Moinian Group’s Sky, and Manhattan’s biggest rental tower, debuts next week in a bid for priced-out buyers Bloomberg New York City BY year-end, Manhattan renters with a taste for luxury will have more than 2,000 newly built apartments to choose from. Almost half
      Bloomberg; PHOTO: BLOOMBERG  -  1,156 words
    • Article
      Lock icon Househunt
      1138 16 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN OCT 28 AND NOV 3, 2015 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$’000) PSF (S$) District 1 NON-LANDED V On Shenton Apt 28/10/2015 99 1528 3100 2028 District 2 NON-LANDED Int'l Plaza Apt
      1,138 words
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      Lock icon Page 17 Advertisements Column 1
      292 17 NOTICES YIXING INDUSTRIAL PARK PTE LTD (Co. Reg. No.: *****0973G) (In Members’ Voluntary Liquidation) NOTICE OF FINAL MEETING Notice Is hereby given pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the Members of the Company will be held at Registered Office, 20 Sin
      292 words
  • BANKING & FINANCE
    • Article
      Lock icon China bonds losing their investor appeal
      897 17 Yuan depreciation, falling yields due to central bank easing take away much of the shine Bloomberg Taipei THE two best reasons to buy Chinese bonds are fast fading. The yuan, once Asia’s best carry trade, closed at a four-year low this week and the
      Bloomberg  -  897 words
    • Article, Illustration
      Lock icon StanChart raises US$5.1b as 97% exercise rights offer
      373 17 Bloomberg London STANDARD Chartered plc raised about US$5.1 billion after 96.8 per cent of the bank’s shareholders exercised their rights in a share sale on Friday, signalling confidence in chief executive officer Bill Winters’s strategy to turn around the Asia-focused lender. The
      Bloomberg  -  373 words
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      Lock icon Page 18 Advertisements Column 1
      125 18 THE BUSINESS TIMESMAYBANK KIM ENG &INVESTASIA2016 IMPACT, OPPORTUNITIES CHALLENGES The ASEAN Economic Community Date: Saturday, 9 January 2016 Venue: The Grand Residence, Level 3, Grand Hyatt Singapore Time: 9:30am to 1pm Ticket Rates: Early Bird (Ends 22 Dec 2015) $38 Normal $48 Maybank Kim Eng Clients/ $28 Maybank Credit Cardmembers
      125 words
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      7 18 45World of commodities upside down, Page 30
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Glimmer of hope ahead for commodities
      1090 18 Traders, analysts, economists expect gold, wheat, natural gas to climb in 2016 Bloomberg New York AFTER the worst commodity collapse in a generation, there may be some glimmers of hope. Gold, wheat and natural gas probably will climb in 2016, according to a Bloomberg
      Bloomberg; PHOTO: BLOOMBERG  -  1,090 words
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Stepping up surveillance
      137 19 For the first time, the US has deployed a P-8 Poseidon spy plane in Singapore for maritime security efforts. The move reached after US Defense Secretary Ashton Carter met Singapore’s Defence Minister Ng Eng Hen in Washington comes amid rising tensions over China’s territorial claims in the
      BT Graphics: Ludwig Ilio, Lee U-Wen Source: Boeing; Wikipedia; Reuters  -  137 words
    • Article
      Lock icon Another record year of deals seen for China trio
      413 19 Alibaba, Tencent, Baidu can draw on US$80b for M&As in 2016, says BNP Paribas Bloomberg Taipei CHINA’S three biggest Internet companies could be set for another record year of deals as their cash piles swell, unprofitable startups sell out and consolidation
      Bloomberg  -  413 words
    • Article
      Lock icon Alibaba agrees to buy HK daily SCMP
      340 19 Bloomberg Beijing ALIBABA Group Holding Ltd, the e-commerce giant headed by billionaire Jack Ma, has agreed to buy Hong Kong’s South China Morning Post and other affiliated media assets as the Internet tycoon follows in the footsteps of Jeff Bezos in pursuing the
      Bloomberg  -  340 words
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  • CONSUMER
    • Article, Illustration
      Lock icon How Gilead arrived at US$1,000 a pill price
      1227 20 What sets pricing is not R&D costs but potential insurer reaction and the chance to set a price benchmark: report Bloomberg New York FROM the start, the miracle drug was expected to carry a high price tag: US$36,000 to treat each patient.
      Bloomberg; PHOTO: BLOOMBERG  -  1,227 words
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      Lock icon Page 21 Advertisements Column 1
      45 21 HOT PROPERTY SENTOSA VILLA 5+1, bright breezy, spacious, move in cond, waterway, nice layout, neg. OPENHSE BRAND NEW! Pearl Island. 5-bdrm all ensuites. Pte lift/berth. Must View! Only $14.5M! LANDED PROPERTIES FOR SALE Check out these properties and more in The Straits Times Classified now!
      45 words
  • TRANSPORT
    • Article
      Lock icon KL cargo carrier claims jets abandoned at KLIA
      357 21 Bloomberg Kuala Lumpur A NEW Malaysian cargo carrier has come forward to claim three jumbo jets that have been sitting on the Kuala Lumpur International Airport (KLIA) tarmac for more than a year, after the airport authority placed an ad seeking their
      Bloomberg  -  357 words
    • Article, Illustration
      Lock icon Ford to pump US$4.5b into electric vehicles
      549 21 Adding 13 electric cars and hybrids by 2020 will take share of lineup to 40% from 13% now Bloomberg Southfield, Michigan FORD Motor Co says it is investing US$4.5 billion in electrified vehicles, responding to regulatory pressure with a bet on technologies that
      Bloomberg; PHOTO: BLOOMBERG  -  549 words
    • Article
      Lock icon Faraday Future planning to build electric car factory in Nevada
      314 21 NYT New York FARADAY Future, an electric car company backed by a Chinese entrepreneur, said on Thursday that it would invest US$1 billion to build a 364-hec-tare factory in a suburb of Las Vegas. The company, which intends to compete
      NYT  -  314 words
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon US consumer spending in November up 0.6%
      478 22 Separately, producer prices rise 0.3% as services cost more LATEST US DATA Reuters Washington A GAUGE of US consumer spending rose solidly in November, suggesting enough momentum in the economy for the Federal Reserve to raise interest rates next week for the first
      Reuters; PHOTO: AFP  -  478 words
    • Article
      Lock icon Dow Chem, DuPont to combine in merger of equals
      457 22 Bloomberg Houston DOW Chemical Co and DuPont Co, two historic giants of US industry, will merge in a deal that’s the first step in a plan to create three highly-focused businesses. The merger, the largest ever in the chemicals industry, will
      Bloomberg  -  457 words
    • Article
      Lock icon Platini fails in bid to have 90-day suspension lifted
      423 22 Reuters Zurich EUROPEAN soccer chief Michel Platini failed on Friday in his bid to have a 90-day provisional suspension from world football lifted, further denting his hopes of running for the presidency of the game’s scandal-hit global governing body Fifa. The
      Reuters  -  423 words
    • Article, Illustration
      Lock icon Singapore’s human rights record up For review at UN in January
      518 23  -  National report submitted in October lists steps taken to build a fair and inclusive society By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore CHAN Heng Chee, one of Singapore’s top diplomats, will lead a high-level, inter-govern-mental-agency delegation to Geneva in January
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    • Article
      Lock icon Bond traders seek shelter ahead of FOMC meeting
      719 24 They’re piling into safest, most liquid securities available or buying Treasuries Bloomberg New York THE greatest monetary-easing cycle in the history of the US has left a mind-boggling amount of cash floating around in the economy. Banks hold US$2.5 trillion in excess
      Bloomberg  -  719 words
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      Lock icon Europe feels fallout from Merkel’s migrant magnanimity
      499 24 AFP Brussels ANGELA Merkel may have won praise from the world for Germany’s open-door policy on refugees, but a confused and divided Europe is feeling the fallout from the decision, analysts said. The German chancellor’s sudden move in early September to welcome asylum
      AFP; PHOTO: AFP  -  499 words
    • Article
      Lock icon Trade war brews as China economy slows
      782 25 Beijing unfairly helping its firms boost exports with tax cuts to offset slowdown at home, say trade partners Reuters Geneva CHINA’S smelters, refiners and manufacturers are increasingly exporting goods they can’t sell into a slowing domestic economy, prompting accusations of dumping and unfair
      Reuters  -  782 words
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      Lock icon Page 23 Advertisements Column 1
      115 23 Select your Christmas gifts without burning a hole 0 in your pocket! Brand new items thoughtfully sorted out into 4 price categories (Under $5, $10, $20, $30) to satisfy just about every gift exchange. •o SingTel 2:45 pm 100% M Q IPosf) Q, These are the items you are looking
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      528 24 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF (1) AQUAPROT PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****5305W (2) BLACKMORE INVESTMENTS PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO.*****4874R Extract of the minutes by corporate representative of (1) Aquaprot Pte. Ltd.
      528 words
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      199 25 1 Create a meaningful gift for your loved ones by turning a digitised front page newspaper that was published on their special day, such as birthdays, anniversaries and graduation, into unique mementos. Or If your loved one’s story has been featured, surprise them by making a gift using the digitised
      199 words
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  • Page 26 / 27 Miscellaneous
  • OPINION
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      Lock icon How to save the world
      1182 26 / 27  -  Firms that embrace purpose and empower internal cultures will inevitably also begin to mitigate the problems that people face. By Joseph Baladi By Joseph Baladi THE world today seems to be more chaotic and feels more dangerous than it has ever been. The end of
      1,182 words
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      Lock icon Can big oil go green and win?
      980 26 / 27  -  By Frank-Jürgen Richter ~The writer is founder and chairman of Horasis, a global visions community IN the past few weeks and months, global warming has been on the world stage, perhaps more than any other time in recent memory. Droughts in California, flooding
      980 words
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  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon The Baer advantage
        1236 28 / 29  -  Thomas Meier explains why Julius Baer has managed to grow in Asia even as other banks have exited the business since 2005. By Genevieve Cua 2005.By Genevieve Cua A FIRM commitment from the top and a willingness to invest even as costs escalated are some reasons Julius
        1,236 words
      • Article
        Lock icon BROKERS' TAKE
        389 28 / 29  -  Compiled by Kenneth Lim City Developments BUY RHB Research, Dec 11 Dec 11 close: S$7.12 Target price: S$8.75 CITY Developments Limited (CDL) re-enters the Australia housing market, investing in a A$275 million (S$282 million) residential project in Brisbane with two local developers. The development will yield 472 units,
        389 words
      • Article, Illustration
        Lock icon World of commodities upside down
        1134 30  -  Full extent of rout will depend on whether prices have further to fall. By Clifford Krauss, Ian Austen NYT THE pain among energy and mining producers worsened again on Tuesday, as one of the industry’s largest players cut its workforce by nearly two-thirds and Chinese
        NYT; PHOTO: AFP  -  1,134 words
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  • Page 31 Miscellaneous
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      353 31 CRYPTIC CROSSWORD Across 1 Spy in factory (5) 4 Passing criticism about West I despise being broadcast (9) 9 Tedious first person among royals is entering a capital (9) 10 Teachers totally discontented? That’s mad (5) 11 Energy shown by men milling around a ship as a body (2,5) 12
      353 words
  • LIFE & CULTURE
    • Article
      Lock icon China’s career women hit by two-child policy
      606 31 Recruiters prefer men; discrimination ranges from maternity leave to differences in pay Bloomberg Beijing SINCE China unveiled plans to repeal its one-child policy in October, quipsters on social media have joked that the strongest line that women can have on their resume is
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      Lock icon Underprivileged youths learn about IR operations first-hand at RWS
      221 31 Singapore ACTING Education Minister (Schools) and Senior Minister of State for Transport Ng Chee Meng paid a visit to Resorts World Sentosa (RWS) on Friday. He had the chance to interact with a group of less privileged teenagers on the final
      221 words
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      37 32 THERE ARE EXCEPTIONS TO EVERY RULE. ROYAL OAK DIAMOND SET IN PINK GOLD. SINGAPORE AUDEMARS PIGUET BOUTIQUE ORCHARD ROAD, TEL (65) 6836 4918 THE SHOPPES AT MARINA BAY SANDS CASINO LEVEL B2M-207 TEL (65) 6688 7595 AUDEMARSPIGUET.COM
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      56 1 LivingBTTHE BUSINESS TIMES WEEKEND DECEMBER 12-13, 2015 GROUNDED IDEALS Singapore Designers of the Year take landscaping to a whole new level L2-4 PHOTO: TIERRA FRANKLIN PO HEALTH When the heart valve degenerates L13 BEAUTY Showing off better skin L10-11 DESIGN Understated opulence L5 STYLE Basics instinct L12 MOTORING Let’s go
      56 words
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  • BT Living
    • DESIGN
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        Lock icon Grounded ideals
        2646 2 / 3  -  By Geoffrey Eu By Arthur Sim IT may not be evident at first, but landscaping can make all the difference between a cold concrete block and a space that is alive and welcoming. For their efforts in creating acclaimed living spaces in Singapore and overseas, landscape architects Colin
        PHOTOS: CKOA; PHOTOS: ALBERT lim, YEN MENG JIIN  -  2,646 words
      • Article, Illustration
        Lock icon Understated opulence
        945 5  -  Legendary interior designer Jacques Grange turns a 12,000 sq ft space into a tasteful habitat. By Daven Wu IF YOU ever needed a clear sign that the hotel world spins in a dimension that is completely at odds with the “real” world of budget cuts and austerity drives,
        PHOTOS: TODD EBERLE  -  945 words
    • DINING
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        Lock icon Christmas takeaways
        2237 6 / 7  -  Say goodbye to long hours in the kitchen this festive season, F&B outlets are pulling out the stops to bring their hearty delights both sweet and savoury to your table at home. By Rachel Loi and Jaime Ee By Rachel Loi, Jaime Ee jaime@sph.com.sg @JaimeEeBT rachloi@sph.com.sg @RachelLoiBT sweets@sugardaddy.com.sg.
        PHOTO BY LAURA NG; PHOTO BY YEN MENG JIIN; PHOTOS BY LAURA NG  -  2,237 words
    • BEAUTY
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        Lock icon Showing off better skin
        1086 10 / 11  -  As yet another year draws to an end, turn back the clock with treatments tried and tested to nip lines, droopiness and age spots in the bud. By May Yip By May Yip Diminishing the signs of age is big business. In 2014, Botox, the neurotoxin
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    • STYLE
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        Lock icon Basics instinct
        961 12  -  Known for its impeccable tailoring and timeless appeal, the in-house label of famed retail institution Joseph has found the sweet spot between a strong retail presence and distinctive apparel, thanks to creative director Louise Trotter. By May Yip By May Yip ROLEX is to watches what Joseph is
        961 words
    • HEALTH
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        Lock icon When the heart valve degenerates
        1385 13  -  There is new hope for elderly patients but the treatment raises the issue of therapeutic futility Michael Lim ~Dr Lim is medical director at the Singapore Heart, Stroke Cancer Centre. He is a professor at Fudan University, Shanghai, and vice-president of both the World Chinese
        FILE PHOTO  -  1,385 words
    • MOTORING
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        Lock icon Maximum fun
        684 14  -  The accomplished Mazda MX-5 is a worthy Car of the Year winner. By Samuel Ee samuelee@sph.com.sg FOR over 25 years, the Mazda MX-5 has delighted drivers all over the world as an accessible, lightweight roadster that is fun to drive. The latest model is no different except that
        684 words
      • Article, Illustration
        Lock icon LET’S GO RACING
        651 15  -  Ferrari’s Corse Clienti programme lets owners drive on the race track in some very special models. By Samuel Ee samuelee@sph.com.sg BUY any car and when you drive out the showroom, you go your own way. But buy a Ferrari and you get to go racing too. Not
        651 words
    • GOLF
      • Article, Illustration
        Lock icon Scoring points
        1102 16  -  BT susses out the Christmas gifts that will be a hit for aficionados of the sport. By Justine Moss WITH Christmas less than two weeks away, it’s time to start thinking about what special gift to get the golfer in your life. BT did the rounds and came
        1,102 words
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      991 10 / 11 wine&dine with BTWeekend Peach Blossoms Marina Mandarin Singapore 6 Raffles Boulevard, Level 5Z6845-1118 Peach Blossoms’ Jolly Festive Offerings ’Tis the season to be jolly, especially when you get Turkeys going at *S$10++ all month long and Peach Blossoms’ Jolly Festive set menus priced from *S$108++ each for a table of
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